Thailand, Myanmar agree on model to boost bilateral trade

CAPE TOWN: The African Development Bank (AfDB) has signed off on a $1.34 billion loan to South African power utility...

Iran regains 80% of its pre-sanctions oil market share

TEHRAN: Tehran is exporting about two million barrels of its 3.8 million daily crude output and plans to double that,...

ATHEX: Stocks rise once again on low volume

ATHENS: The Greek stock market notched up gains on low trading volume for the fourth session in a row on...

Taxpayers face hefty income tax obligation

ATHENS: The 1.9 million taxpayers asked by the state to pay more tax this year than what has already been...

Saudi Arabia posts $14.3bn tourism revenue

RIYADH: Saudi Arabia's tourism sector generated SR53.7 billion ($14.3 billion) in revenues this year, said a report stating official figures....

Siemens says cannot confirm $550m Saudi gas deal

RIYADH: German engineering group Siemens has said it could not confirm or deny it had sealed a 500 million-euro ($550...

Ukraine imports 7.8 mln tons of coal for $678 mln in 2016

KIEV: Ukraine in January-June 2016 imported coal and anthracite (foreign activity code 2701) in the amount of $678.202 million, in...

India’s gold import falls by 50% in H1 of 2016

NEW DELHI: India’s gold imports were $9.4-9.6 billion, or around 210 tonnes, in the first six months of 2016. The...

S. Korea’s steel imports hikes 2.3% in June

SEOUL: South Korea's steel imports jumped 2.3 percent in last July compared to the same period last year, as shipments...

Shipping activity at port qasim

KARACHI: M.T Bunga Aster carrying 21.000 tonnes palm oil was allotted berth at Liquid Cargo Terminal on Sunday, 10th. In...

Quattro Ports fines for breaching toxic greenhouse gas emissions

WASHINGTON: Port Kembla grain terminal operator Quattro Ports has been fined $15,000 for exceeding greenhouse gas emissions while fumigating its...

Iron ore cargo zooms 523% through major ports

WASHINGTON: In a reversal of trend, iron ire traffic in the country has started gaining momentum. Compared to a fall...

FCCI vows to carry forward mission of late Abdus Sattar Edhi

FAISALABAD: The Faisalabad Chamber of Commerce and Industry (FPCCI) standing committee on social welfare will be reactivated to further strengthen...

LCCI for precautionary steps to control floods & loss of billions dollars

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has called for precautionary measures to control the devastating floods which...

Thumbs up for green tax from automobile dealers

KERALA: The green tax introduced by the Government of Kerala in its revised budget for 2016-17 gets a thumps up...

Biggest Ever Cocaine Haul Smugglers Guilty

LONDON: Two men have been found guilty after a sting operation at sea that netted Britain's biggest ever haul of...

Income earned abroad must be taxed abroad

ATHENS: The job income of thousands of Greeks who live and work abroad can only be taxed in the country...

Ukraine and Canada sign free trade deal

DUBLIN: Ukraine and Canada formally signed a free trade deal during a visit to Kiev by Canadian Prime Minister Justin...

Alcoa profits and revenue expected to rise in second quarter