Vietnam telecom sector sees growth
HANOI: Three domestic telecom companies are reported to have registered high growth and revenue in February this year. The information...
Veeco revenues increase in FY2015
PLAINVIEW: Process equipment developer Veeco Instruments Inc. has announced a 2015 revenue increase of 21 percent to $477 million from...
OMR115m Barka desalination plant to boost potable capacity
MUSCAT: Oman’s largest desalination plant, which is coming up in Barka, will boost water security in the Sultanate’s northern region...
Dubai Taxi revenues hit Dhs1.4 bln in 2015
DUBAI: Roads and Transport Authority (RTA), revealed that total operating revenues of the Dubai Taxi Corporation (DTC) reached Dhs1.481 billion...
Municipalities to earn euro 1.7 bln property tax in 2016
HELSINKI: Property taxes will bring an earning of almost euro 1.7 billion for municipalities this year, according to preliminary statistics...
Inflation rate down to 0.10% in Jan
WASHINGTON: The inflation rate of the Maldives decreased to 0.10 percent last January, statistics show. According to the statistics of...
Bolivia says inflation rate quickens by 0.58% in Feb
LONDON: Consumer prices in Bolivia rose by 0.58 percent in February, pushing the year-on-year inflation rate to 2.64 percent, government...
Ethiopian inflation falls to 8.7% in Feb
ADDIS ABABA: Ethiopia's inflation fell to 8.7 percent year-on-year in February from 10.2 percent in the previous month, the statistics...
Hungary may turn to EU for lower VAT on internet
BUDAPEST: Hungary may turn to Brussels asking reduction of the value added tax on internet services, the government commissioner in...
Greek economy returned to contraction in 2015, shrinking 0.2%
ATHENS: Greece returned to recession last year, the Hellenic Statistical Authority (ELSTAT) confirmed on Friday, as gross domestic product declined...
New Zealand exports more cherries to China
WELLINGTON: New Zealand's total fruit exports in January rose 32% to $ 81 million New Zealand dollars compared to last...
Turkey introduces income tax exemption for young entrepreneurs
ANKARA: Turkey has introduced a tax exemption for young entrepreneurs, under 29 years’ old. Provided certain conditions are met, TRY...
Afghanistan owes $2.5b in foreign loans: Official
KABUL: The Ministry of Finance (MoF) said here the otehr day that Afghanistaninfo-icon owed $2.5 billion in loan it took...
Iraq to pay $2 bln in arrears to foreign companies
BAGHDAD: Iraq will pay foreign oil companies about $2 billion in remaining arrears for 2015 this April and expects to...
Airbus profit gains 1.6% on A350 delivery ramp-up
PARIS: Airbus Group SE said profit rose 1.6 percent last year, as it ramped up deliveries of the latest A350...
Iran, Turkey aim to triple trade to $30B
TEHRAN: Iran and Turkey aim to triple their annual trade to $30 billion within two years, officials said in Tehran...
Adidas forecasts boost
BERLIN: Adidas AG, the German sport-shoe maker, forecast an increase in earnings this year as consumers spend more, making it...
Korea land rises 4.47% in best performance in 8 years
SEOUL: Land prices grew at the fastest pace in eight years in the past 12 months, largely because of the...
E-commerce in Switzerland hits to 6.6 billion euros in 2015
GENEVA: Swiss online shoppers bought goods online with a total value of 7.2 billion Swiss francs, or 6.6 billion euros,...
Fake brand imports blocked by Japan down 8.7% in 2015
TOKYO: Japan's customs authorities blocked the import of fake brand products and other items violating intellectual property rights in 29,274...
