Pak rupee strengthens in cash-free market
KARACHI: The Pakistani rupee Wednesday slightly strengthened against the US currency in open market and remained unchanged in interbank. According...
Qaisar Roomani posted as Assist Accounts Officer in I&I wing
ISLAMABAD: Qaisar Roomani Talib, a Senior Auditor (BS-16), who joined Federal Board of Revenue (HQ), on February 18, has been...
Nikkei Taiwan PMI drops below 50
TAIPEI: The Nikkei Taiwan Manufacturing Purchasing Managers’ Index (PMI) slipped to 49.4 last month, down from 50.6 in January, indicating...
Indonesia to ease mineral export ban from 2017
JAKARTA: The government of Indonesia will relax next year its ban on partially processed minerals exports, including copper, nickel, zinc...
Customs Dept. sets up 24/7 hotline to provide speedy solutions
COLOMBO: The Sri Lanka Customs Department has begun operating a 24/7 customer hotline to help solve any customs issues within...
Ukraine’s Jan-Feb gas imports down by 50%
KIEV: Ukraine almost halved its natural gas imports in the first two months of 2016 to 2.1 billion cubic metres...
Italy logs record income from unpaid tax recovery
ROME: Italy recovered a record 14.9 billion euros ($16.2 billion) in unpaid tax in 2015, following a fresh no-questions-asked appeal...
Australia GDP growth hits 3% in 2015
CANBERRA: Australia’s economy grew more than expected in the fourth quarter, delivering a boost to the government of Malcolm Turnbull...
Qatar-Italy trade reaches $3bn in 2015
DOHA: The total trade exchange between the two countries reached about $3bn in 2015, accounting for 2.8 percent of Qatar’s...
Arab govt debts rise sharply in 2015: S&P – $134bn seen in 2016
KUWAIT CITY: Borrowing by leading Arab governments has more than doubled last year and is forecast to remain high in...
Petronas Chemicals to spend $4b for refinery, petrochem plant
KUALA LUMPUR: Petronas Chemicals Bhd., a unit of Malaysia’s state energy company, will spend US$4bil over the next five years...
Vietnam’s PMI declines in Feb
HANOI: The Purchasing Managers' Index (PMI) of Viet Nam dipped to 50.3 in February, down from 51.5 in January, but...
Kazakhstan sharply reduces exports in 2015
AZERBAIJAN: Exports of goods for the nine months of 2015 decreased by 42.4 percent - to $35.7 billion in Kazakhstan,...
Customs collects Rs 677b in eight months with 12.5% growth
KARACHI: Pakistan Customs collected Rs677 billion during the first eight months of ongoing financial year of 2015-16 with a growth...
Canadian economy grows 0.8% in fourth quarter: Statistics Canada
OTTAWA: The economy exceeded low expectations to grow at an annual rate of 0.8 per cent in the final three...
New Zealand earns $2.5 bln from exports
WELLINGTON: New Zealand earned $2.5 billion more from exports than we spent on imports during the year ended December 2015,...
Brazil’s manufacturing extends slump in Feb
BRASÍLIA: Brazil's manufacturing downturn accelerated in February as higher inflation increased costs across the production chain, a private survey showed...
Otto Marine secures chartering contract worth S$96m
SINGAPORE: A wholly-owned subsidiary of offshore chartering group mainboard-listed Otto Marine, has been awarded a chartering contract worth up to...
Turkish Airlines logs record high net profit in 2015
JEDDAH: Turkish Airlines reported $1.69 billion net profit surpassing $1 billion level for the first time in its history, the...
Japan buys 126,698 tons food wheat via tender
TOKYO: Japan's Ministry of Agriculture bought a total of 126,698 tonnes of food quality wheat from the United States and...
