A new gas plant began operations yesterday in Southwest Iceland.
Business
Dog Breeding Farm Shut Down
The Icelandic Food and Veterinary Authority (MAST) has shut down Dalsmynni dog breeding farm in North Iceland.
Ólafur Elíasson's Home Is For Sale
The unique property features a front door that's been carved to look like an owl.
New EU Customs Agreement Means Cheaper French Fries and Frozen Pizza
The new customs agreement between Iceland and the EU will see import duties on treats like french fries, ice cream, popsicles, and sorbet go down significantly.
Iceland Gets a Taste of Tomato Beer
"The beer is being brewed in collaboration with Ægisgarð brewery in Reykjavík and is a ‘light, summery beer.'”
Car Rental Industry Equals Agriculture in Iceland
Data shows car rental companies and agriculture are equally large sectors of the Icelandic economy.
Earned 230 Million from 46 Airbnb Properties
The highest earning Airbnb operator in Iceland earned ISK 230 million last year from 46 different properties.
Housing Prices Rise Fastest in Countryside
Apartment prices are rising more than twice as fast in the countryside as in the Reykjavík capital area.
Owner of ‘HÚH!’ Says He Regrets Trademark Kerfuffle
Gunnar Þór Andrésson, a man who trademarked the word ‘HÚH! says that he regrets how his recent and increasingly public debate with well-known comic Hugleikur Dagsson about a copyright infringement issue has played out; he won't be pursuing the matter further.
Mál og Menning Bookstore May Be Sold
A real estate agency is “reviewing the market” in advance of a possible sale of Mál og menning bookstore.
Inflation Reaches Four-Year High
The rate of inflation in Iceland over the past 12 months is 2.8 percent.
Apartment Prices Could Rise Up to Nine Percent Annually
Prices for apartment in the capital area are expected to rise an average of eight or nine percent annually in the coming years, according to an economist at Landsbankinn.
Fifty-Three Thousand Salmon Die at West Fjords Fish Farm
Fifty-three thousand salmon died while being transferred out of a damaged marine pen at a fish farming facility in the West Fjords.
Iceland Gets Its First Bitcoin ATM
Iceland’s first bitcoin ATM has been installed at the Hlemmur Square hotel.
MP Calls for Uber and Lyft in Iceland
The Reform Party proposes granting Uber and Lyft licenses to operate in Iceland.
Air Iceland Connect Scales Down Operations
Air Iceland Connect plans to cut routes and lay off staff in the coming months.
Icelandair Signs Agreement with Pilots' Union
Icelandair and FÍA, the Icelandic pilots’ union, have signed a collective bargaining agreement that is valid until December 31, 2019.
Iceland Holds No Patents for Geothermal Heat Utilization Methods
Icelanders hold no patents for geothermal heat utilization methods in Iceland, and have no such patent applications in progress.
Laundromat Café to Close This Sunday
The Laundromat Café, a popular downtown café and the only operational laundromat in Reykjavík, will be closing this Sunday.
Shorter Workweek Trial A Success
An experimental project to see how shortening the workweek for state and municipal employees has been a success thus far.
Municipal Authorities Reject Þingvellir Hotel Proposal
Authorities in the Bláskógabyggð municipality have rejected a proposal to build a massive luxury hotel and spa complex near Þingvellir National Park.
Hummus Recall
The Reykjavík Public Health Authority is recalling hummus produced by the company Í einum grænum after a metal filament was found in one tub.
Less Sugar in Icelandic Coca-Cola Products by 2020
The sugar content in Coca Cola products produced in Iceland will be reduced 10% by 2020.
Investigation Into Banking Collapse Cases Ends
Investigation into all court cases related to the 2008 banking collapse has ended.
Only 11 Percent of Iceland’s CEOs Are Women
Women make up only 11 percent of CEOs at the 100 largest Icelandic companies, despite having higher educational attainment than men.