Malaysia’s imports of wheat fall 23.9% YOY

WASHINGTON: US coal exports totaled 67.3 million mt, or 74.2 million st, in 2015, the lowest yearly total since 2009,...

Bangladesh purchases over half of total Ukrainian rye exports

DHAKA: Despite the 18% decrease of Ukrainian rye production in 2015 (to 391 KMT against 478 KMT in 2014) currently...

China wine imports increase strongly in 2015

BEIJING: China’s bottled wine imports in 2015 jumped by a third in both volume and value compared to 2014, the...

Russia’s medicine imports fall by third in 2015

MOSCOW: Russia imported medicine worth $6.8 billion last year, down 32.7 percent compared to 2014, the Federal Customs Service said...

Dar appreciates FBR for expanding tax net, facilitating taxpayers

ISLAMABAD: Finance Minister Ishaq Dar appreciated the efforts of the Federal Board of Revenue (FBR) for expanding the tax net...

Dar appreciates FBR’s efforts for expanding the tax net

ISLAMABAD: Finance Minister, Ishaq Dar chaired a meeting to review progress of revenue collection in the ongoing January- March quarter....

Shahid Zulfiqar appointed ECO Nandipur Power Project

ISLAMABAD: Shahid Zulfiqar Khan, a cost and Management Account and Certified Corporate Secretary has been appointed Chief Executive Officer of...

India’s coal imports fall for 7th straight month in Jan

NEW DELHI: India's coal imports fell for a seven straight month in January, a government official said, as the world's...

Indonesia to host 30th IAPH World Ports Conference 2017

JAKARTA: Indonesia will host the 30th World Ports Conference of the International Association of Ports and Harbors (IAPH) in 2017,...

Visakhapatnam Port Trust chalks out new plan to regain business

HYDERABAD: Visakhapatnam Port Trust (VPT), one of India's leading state-owned ports that lost significant business to neighbouring privately-owned Gangavaram Port...

Global smartphone shipments up 12% in 2015

WASHINGTON: The rise of the smartphone continued apace in 2015, with close to 1.5 billion devices shipped over the course...

US shipments increase 12.4% in Nov

WASHINGTON: Total shipments of Portland and blended cement in the United States and Puerto Rico in November 2015 were about...

UK inflation to stay below 1% in 2016

LONDON: Bank of England Deputy Governor Ben Broadbent said on Friday the recent drop in oil prices is likely to...

Inflation went down to 1.3% in Jan

MANILA: Inflation went down to 1.3 percent in January from 1.5 percent in December 2015, the National Economic and Developement...

Pakistan Railways plans to invite private sector to run passengers trains

ISLAMABAD: Under the public-private partnership policy of the government, Pakistan Railways is planning to engage private sector for running the...

UAE plans floating LNG import terminal later this year

ABU DHABI: State-owned Abu Dhabi National Oil Co (Adnoc) plans to start a new liquefied natural gas floating import terminal...

Tea prices in Bangladesh fall over 2%

DHAKA: Tea prices in Bangladesh fell more than 2 percent at a weekly auction on Tuesday, dragged down by inferior...

Jordan to receive $1.7b in grants to support refugee response

AMMAN: Jordan on Thursday secured around $1.7 billion in grants and grant equivalents for its Syrian refugee response plan for...

Oman Qatar Insurance plans initial public offering by 2017