Cambodia mulls DTA talks with seven countries

Cambodia mulls DTA talks with seven countries

Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. Cambodia implemented DTAs with Singapore, China, Thailand, Brunei, Vietnam, Indonesia, China’s Hong Kong Special Administrative Region, Malaysia and […]

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Hellenic Bank and Etyk agree to renew collective agreements

Hellenic Bank and Etyk agree to renew collective agreements

Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process. Labour Minister Yiannis Panayiotou heralded the development “after a long period of disagreements”. He described it “as an important day for labour relations in the banking sector.” Panayiotou had submitted a mediation proposal which both Hellenic Bank […]

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Limassol’s Anexartisias to become a one-way street ahead of pedestrianisation as it competes with the malls

Limassol’s Anexartisias to become a one-way street ahead of pedestrianisation as it competes with the malls

Anexartisias in Limassol will be converted into a one-way street according to the decision of the Municipal Council, as a temporary solution and until the proper conditions for it being opened only to pedestrians are created, something considered difficult amid conditions in Cyprus. Essentially, cars will enter from Pentadromos in the direction of the sea […]

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Cyprus calls for enhanced EU electricity network planning

Cyprus calls for enhanced EU electricity network planning

Ministry of Energy, Commerce and Industry Permanent Secretary, Marios Panayides, has stressed need to enhance collective planning for the development of electricity networks, particularly in regions lacking interconnections such as Cyprus. Representing Cyprus at the informal EU Energy Council held in Brussels on 15 and 16 April, Panayides stressed the importance of addressing issues related to […]

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Despite challenges, tourism sector shows resilience, Deputy Minister says

Despite challenges, tourism sector shows resilience, Deputy Minister says

Deputy Minister of Tourism Kostas Koumis has expressed satisfaction over a 9.8% rise in tourist arrivals in March, according to figures released by CySTAT. “In the face of challenges, our country’s tourism sector demonstrates resilience,” Koumis noted in a written statement on 17 April. He added that the Deputy Ministry closely monitors every development that directly or […]

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