The Board of Directors of Pharmakas Quarries (PHA) reviewed the public offer document submitted by Gerik Investments Limited and related parties for the acquisition of up to 100% of the issued share capital and based on the recommendation received from the independent experts, CLR Securities & Financial Services, has decided to back the deal considering

The government is planning to slap a 10% tax on all telephone bills as part of the attempt to raise up to CYP 18 mln to cover the budget hole, which in the process will more than offset the planned rate reductions by CyTA. According to Politis, the government is proposing the introduction of a

The Council of Ministers has approved a suggestion made by the Cyprus Stock Exchange Council to slash the transaction tax on stock trading to 0.15% as part of the drive to make the CSE more competitive. Until recently, the tax on stock market transactions was 1% for legal entities and 0.6% for individuals. Now, the