It is ironic, yet fitting, that yesterday’s planned signing ceremony for the Dýrafjörður road tunnel had to be canceled due to poor road conditions.
News 2017 - April
Iceland’s finance minister, Benedikt Jóhannesson, has put forward plans to increase VAT on tourism related services, while lowering the overall highest VAT rate.
Hampiðjan, a major Icelandic supplier of ropes, rigging and fishing gear, has struck a deal with one of Australia’s biggest fishing companies for the purchase of 120 prawn fishing nets. The deal has helped push Hampiðjan to the number one slot as the biggest company of its type in Australia, its...
Today is the official first day of summer in Iceland and is a public holiday. It is common for people to wish each other ‘gleðilegt sumar’ (happy summer) today.
Damage has been caused to woodland this winter by visitors to Brúará river, since the waterfall Brúarfoss gained sudden and unprecedented internet fame.
An Icelandic company has today failed in its appeal against the tax authority’s decision not to allow it to claim ISK 250 million (EUR 2.11/USD 2.26 million) in sports betting losses as tax deductible.
The National Registry of Iceland this week published its latest figures on the housing market, which showed a huge jump in house prices between February and March.