Company registrations slump 6.1% in June

2 weeks ago Business Mail BusinessMail Cool

Company registrations slump 6.1% in June

By Stelios Orphanides

Company registrations declined 6.1 per cent in June, compared with the respective month of 2016, to 954, the Department of Registrar of Companies and Official Receiver said.

In the first half of the year, overall company registrations, an indicator of the performance of the business services sector, rose an annual 1.2 per cent to 6,442, the department said in an emailed statement.

The number of certified copies issued fell 1.8 per cent to 25,858 in June and rose 4.2 per cent in January to June to 160,811 compared with the respective period of 2016, the registrar...

Read Full Article at : BusinessMail

Trending Cyprus News

A decade of friendship and fundraising
The social and fundraising group Eastern Cyprus Ladies (ECL) prepares for its last meeting on July 27 before the summer break. The ladies are...
Hotter than usual weather ahead of temperature dip
Quick to note that, statistically this is the hottest time of the year for Cyprus, the Meteorological Department on Monday warned that the week...
CTO set to rebrand wedding tourism
The Cyprus Tourism Organisation (CTO) is set to adopt a new strategy in ‘wedding tourism’ which has become an important and special type of...
Paphos coast gets Gold Award
The Paphos region has been recognised for its efforts to support sustainable tourism and honoured with a top European Union (EU) prize. The...
‘Best ever summer season in Paphos’
LIKE those in all Cypriot resorts, hotels in Paphos say they are experiencing the busiest tourist season ever, and for the first six months of...
Eight-metre angel statue for Ayia Napa
An eight-metre tall sculpture in the form of an angel will be an important new landmark in Ayia Napa, Mayor Yiannis Karousos said on Monday....
Local water scare dismissed in the south of Cyprus
By Andreas Izamis All drinking water supplies in Cyprus are reliable and safe according to the State Health Services, despite bacteria found...
Easyjet gets green light for Austria operation - reports
British low-cost airline company easyJet has been given permission by Austrian authorities to establish a new EU-based airline headquarted in...