Port receives final payment from methanol producer
LONDON: The controversial methanol plant backer has made its final payment to the Port of Tacoma.Thursday’s wire transfer closes out...
Cotton price remains unchanged at Rs 5,600 per maund
KARACHI: The cotton price remained unchanged at Rs 5,600 per maund in order to support sellers. The buyers and sellers...
Port Authority formally approves new flat fare system in Jan
WASHINGTON: The Port Authority board on Friday unanimously approved a new flat fare system beginning in January that will charge...
Ellesmere Port pub refurbishment creates eight new jobs
WASHINGTON: Eight new jobs have been created following a major £305,000 makeover at a popular Ellesmere Port pub. Community sports...
Poll finds basic income proposal doomed to fail
GENEVA: A proposal to introduce an unconditional basic income in Switzerland appears to enjoy little public support. A poll published...
Revenue planning clampdown on white collar tax evasion
DUBLIN: Revenue officials said they were looking into using third-party data such as matching Local Property Tax details with income...
PM directs authorities to withdraw hike in pulses prices
ISLAMABAD: Prime Minister Nawaz Sharif has taken serious notice of hike in prices of pulses The PM directed the utility...
SECP to facilitate info sharing mechanism for insurance sector
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) is contemplating expanding the scope of the Centralised Information Sharing Solution...
Canada Revenue Agency’s tax compliance crackdown reaps more money than expected
OTTAWA: Newly released figures from the Canada Revenue Agency suggest the federal government's push to improve tax compliance has exceeded...
Atlas Honda profits surge by 28% to Rs 3b
LAHORE: Atlas Honda Limited has posted 28 percent increase in full-year net profit amid an increase in the sales. In...
Hong Kong Customs enhances consumer protection for tourists
HONG KONG: The Customs and Excise Department (C&ED) is launching an operation codenamed "Thunderbolt" during the May 1 Golden Week...
BMW Malaysia to export cars to Philippines, Vietnam by 2018
KUALA LUMPUR: BMW Malayasia has announced that it will be exporting vehicles to the Philippines and Vietnam by 2018. This...
S’pore bank lending shrinks in March
SINGAPORE: Bank lending here suffered its worst contraction in more than a decade in March, as loans to businesses in...
Silk Bank’s profits increase by 305% to Rs201.80m
KARACHI: Silk Bank Limited has announced mammoth 305 percent growth in earnings to Rs201.80 million in third quarter as the...
UK mortgage approvals fall ahead of new tax, but lending surges
LONDON: British mortgage approvals fell for the first time in six months in March shortly before a new tax took...
Russia. Linseed exports reached record high volumes
MOSCOW: In March 2016 linseed exports from Russia reached 35.1 KMT that was 14.4% lower than in February, but 116.7%...
US Customs seizes heroin, cocaine worth $3,600,000
BROOKLYN: U.S. Customs and Border Protection officers discovered approximately 121 pounds of heroin and eight pounds of cocaine in a...
US Customs seizes $38k unreported currency
STERLING: U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO), at Washington Dulles International Airport seized $38,872 on...
France records better-than-expected quarterly growth: Insee
PARIS: France saw a growth of 0.5 percent in the first three months of this year, due to boosted consumption...
Spain receives 12 mln int’l tourists in Q1
MADRID: Spain received a total of 12 million international tourists in the first quarter of the year, according to data...
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