Thailand plans $1.98b loan programme for first home buyers
BANGKOK: Thailand is expected to roll out a 70 billion baht ($1.98 billion) soft loan programme for lower-income first-home buyers,...
Malaysia’s Petronas threatening to abandon LNG project over new climate change rules
CALGARY: Malaysia’s Petronas is frustrated that Prime Minister Justin Trudeau’s climate-change priorities are introducing new uncertainty for its proposed $36...
Korean consortium wins $2.93B bid to build Kuwaiti LNG import terminal
SEOUL: A consortium led by Korean group Hyundai Engineering has won a 3.6 trillion won ($2.93 billion) contract from the...
Shipping intelligence report of Karachi Port
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Govt issues over Rs 336 billion under PSDP
ISLAMABAD: The federal government has released more than Rs 336.171 billion for different social sector developmental projects under Public Sector...
Saudi, UAE consumers spend $6.85b on beauty products
JEDDAH: Saudi and UAE consumers spent $6.85 billion on beauty and personal care products in 2015, according to new research,...
IMF hails Cyprus decision to cut short bailout program
ATHENS: International Monetary Fund chief Christine Lagarde praised Monday Cyprus's decision to end its bailout program two months early after...
Govt announces demonetisation of all old design banknotes by Dec 1
KARACHI: The government has announced demonetisation of all old design banknotes with effect from December 1, 2016. The decision was...
PIA increases checked baggage allowance, issues list of banned items
ISLAMABAD: Pakistan International Airlines (PIA) Tuesday increased the allowance of checked baggage for the passengers from Pakistan to Manchester (England)...
Turkey may import spot LNG beyond April
ANKARA: State-run LNG importer BOTAS is seeking spot cargoes for April delivery, which is atypical for this buyer, one trader...
Switzerland’s chocolate consumption dropped to 11kg per capita in 2015
GENEVA: Switzerland’s chocolate consumption dropped to 11 kilograms (24 pounds) per capita last year, down 10 percent from the peak...
South Africa gold firms obtain lift from weak rand
CAPE TOWN: A sinking rand has sparked a buying spree and rerating of South African gold mining shares which have...
Pak rupee slightly gains value in cash-free market
KARACHI: The Pakistani rupee slightly strengthened against dollar in open market and remained firm in interbank. As per the local...
Clove imports more than double in 5 years
LONDON: Imports of cloves into the country more than doubled in five years, following a continuous decline in domestic production...
Zesa seeks low import tariff
LONDON: Zesa Holdings negotiations with EDM of Mozambique have taken longer than expected as the power utility seeks to secure...
5 Pakistan Customs officers of BS 19 transferred
ISLAMABAD: Federal Board of Revenue (FBR) has transferred/posted 5 Pakistan Customs Service officers of BS 19 with immediate effect. According...
Britain,France just agreed a $2 billion drone deal
PARIS: France and Britain planned here the other day to announce a £1.5 billion ($2.11 billion) project to build a...
48 Customs officers of BS 17-18 transferred
ISLAMABAD: Federal Board of Revenue (FBR) has transferred/posted 45 Pakistan Customs Service officers of BS 17-18 with immediate effect. According...
Syed Asad Raza assumes charge as Additional Collector
ISLAMABAD: Syed Asad Raza Rizvi, a Pakistan Customs Service officer of BS-19 officer, has assumed the charge of the post...
Irish sheepmeat exports hampered by French farmer protests
DUBLIN: Irish sheepmeat exports to France last year were back 12% on 2014 levels to 16,000t, according to Declan Fennell,...
