The registered unemployment rate fell back to 3.6% in March, representing a total of 12,510 people unemployed, according to the latest figures from the Statistical Service. If sustained, this marks a sharp turnaround from January and February, when unemployment breached 5% for the first time since the 1970s. The biggest drop was in the category

A. Tsokkos Hotels (TSH) approved the final results for 2004, showing net profits of CYP 2.658.000 compared to CYP 2.618.000 in 2003 and decided to keep the dividend at the interim stage of 0.5 cent per share. Earnings per share improved to 1.09 cent from 1.06 cent in 2003, mostly due to the reduction in

Louis Public Co. Ltd. (LUI) declared a final dividend of 0.75 cent per share after the final results were approved, which showed an improvement due to deferred taxation calculations. Louis reported net profits of CYP 1.68 mln for 2004, up from the preliminary figure of CYP 9.4 mln due to the adjustment made in deferred

The Cabinet, under the chairmanship of President Tassos Papadopoulos approved a bill on providing legal aid to investors affected during the stock market fiasco 1999-2000, during its regular session on April 13, 2005. Minister of Finance Makis Keravnos tabled the bill before the House. The main provisions of the legal aid bill is to help