Supreme Court reserves verdict in Ayyan Ali’s case

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI) Younus Muhammad Bashir, while expressing deep concern over descending...

FCCI to hold pre-budget seminar in next month

FAISALABAD: Faisalabad Chamber of Commerce and Industry (FCCI) has prepared draft proposals for Budget 2016-17 while the national level pre-budget...

SDPT offers sales tax refund on fuel for exporters/importers

SIALKOT: The Sialkot Dry Port Trust (SDPT) again offered sales tax refund on fuel for exporters/importers of the region with...

Center to be asked not to extend Custom Act to PATA: Pervez Khattak

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Pervez Khattak has said that he would formally request the federation not to extend Custom...

Merchandise shipment grows 8.95% in 9 months to Mar

LONDON: Merchandise exports grew 8.95 per cent during the first nine months of the current fiscal year, although income fall...

Unemployment drops to 6.5% in Feb

WASHINGTON: Island County unemployment, which measures only joblessness in Oak Harbor, dropped to 6.5 percent, or 2,130 people, in February,...

Taiwan’s CPI inflation likely slow in March

TAIPEI: In February, Taiwan’s CPI inflation had accelerated on back of a temporary surge in vegetable prices. However, CPI is...

GPA’s revenues, expenses drop significantly in 2015

WASHINGTON: GPA's revenues decreased from FY 14 by $66.4 million, due to a 41 percent drop in the LEAC rate....

Semiconductor revenues fall to $334bn

WASHINGTON: Chip industry revenues were 1.9% down on 2014 at $334 billion last year, according to Gartner, in contrast to...

Poland central bank keeps record low rate on hold

WARSAW: Poland kept its key interest rate unchanged at a record low as inflation continues to remain negative. The Monetary...

TAP Portugal to launch A330neo, Airspace cabin

LISBON: TAP Portugal has been named as the Airbus A330neo launch operator and will therefore be the also be the...

Kuwait-Jordan trade exchanges soar to $400 million

AMMAN: Trade exchanges between Jordan and Kuwait soared from USD 44 million in 2000 to some USD 400 million last...

Ten Irish gangs control the main import drug routes

DUBLIN: Ten top-level Irish gangs dominate the trafficking of drugs from Spain and the Netherlands into Ireland. Up to five...

Major listed firms in Oman expected to post marginal drop in profit

MUSCAT: Major Omani firms that constitute MSM 30 Index are expected to post a marginal fall in net earnings in...

Outokumpu to cut up to 140 jobs in Finland

HELSINKI: Stainless steel manufacturer Outokumpu is starting codetermination negotiations. The company has set a maximum redundancy need of 140 employees...

Dubai Customs takes part in Arab Union of Land Transport meetings

DUBAI: Dubai Customs has reinforced its support for land transport movements in the GCC and Arab countries through increased cooperation...

UAE non-oil private sector growth hits 2016 high

ABU DHABI: The health of the United Arab Emirates' non-oil private sector has made year-high improvements, according to Emirates NBD's...

Italian Trade Agency plans to double exports in next 5 years

ROME: Italian luxury is healthy but underexposed, according to the president of the Italian Trade Agency at The New York...

Nepali traders seek suspension of countervailing duty in India