The Board of Directors of Muskita Aluminium Industries Public Co. (MAI) approved the final 2005 results and proposed to the AGM the payment of a dividend of 0.04 cent per share for the year 2004 and a final dividend payment of 4 cent per share for the year 2005 to all shareholders registered as at

The CSE Council has accepted the listing of 216,686,668 ordinary shares of nominal value 50 cents each of “White Knight Holdings Public Company Ltd” in the Alternative Market. The trading of the above shares will commence on Thursday, April 13, 2006 and the CSE will undertake the observance of the above Register in the Central

The Board of Directors of SFS Group Public Co. (SFS) approved the final audited consolidated financial statements of SFS Group for the year ended December 31, 2005 and is proposing a dividend of 0.1 cent to be paid to all shareholders. Based on the current price of 10.2 cent on the CSE, the dividend yield

The Board of Directors of Bank of Cyprus Public Company Ltd having examined, among other matters, the capital needs of the Bank of Cyprus Group for Tier 2 Capital and in view of the Bank’s option to repay the EUR 275 mln Subordinated Bonds 2006/2011 on or after 20 June 2006, decided to issue subordinated

But not for long The proportion of enterprises with broadband access to the internet in Cyprus is the lowest recorded in the EU25, according to the latest figures from the statistical service Eurostat. Based on figures from the first quarter of 2005, figures show that only 40% of Cypriot enterprises have broadband (higher-speed) access–the lowest

The online antivirus solution from Panda Software, Panda ActiveScan, which allows users to thoroughly scan their computers for threats free of charge, now includes a new installer to allow integration on the computer. The new shortcuts on the desktop, start bar or browser now make it even easier to ensure computers are free from Internet

Tax status needs to be clarified The CFA Society of Cyprus has added its voice to the growing number of finance professionals calling for a resolution of the tax status of investment funds so that Cyprus can take advantage of this trillion dollar industry. Speaking at the annual CFA Forecasting Event last Wednesday, CFA Society

Athens “service charge” set at CYP 10-12 Cyprus Airways (CAIR) has told travel agents that it will scrap their commission on tickets from June 1 and replace it with a service charge, which may bring even more transparency to the outgoing tourism market valued at CYP 400 mln. The national carrier’s decision, which follows international

T-bill yield continues down The bond market sell-off witnessed in major international markets has finally caught up with Cyprus, since during the multiple 2- and 5-year bond auctions, yields raced higher, the first such move in over a year. Most analysts described the move as directly related to expectations that the European Central Bank will

But investors should expect a rocky ride Time to rotate out of riskiest assets And watch inflation like a hawk Someone once said that when investment bankers start saying that the old economic rules no longer apply, it is time to push the sell button. But a ‘new-rules’ economy seems to be exactly what world