Iran signs 3 deals with foreign automakers
TEHRAN: Iranian auto companies inked three agreements with Swedish, Turkish and Indian auto-manufacturers in Tehran on Monday. The deals were signed...
Saudi-Danish forum increases business ties
RIYADH: The Saudi-Danish Business Forum and Exhibition were jointly inaugurated by Crown Prince Frederik of Denmark and Council of Saudi...
Saudi Arabia reiterates efforts to steady oil market
RIYADH: Saudi Arabia’s Council of Ministers on Monday reiterated efforts to achieve stability in the oil market by checking fluctuations...
India’s Essar imports 2% less Iran oil in Jan
NEW DELHI: Essar Oil, the top Indian buyer of Iranian crude, imported 2 percent less oil from Tehran in January...
India’s gold imports rise 62% in Jan
NEW DELHI: India's gold imports in January surged 62 percent compared with the same period last year, news agency NewsRise...
Vehicle imports through birgunj customs drop 50% in Nepal
KATHMANDU: Vehicle imports through the Birgunj customs point have dropped almost 50 percent as importers rerouted their shipments through Bhairahawa. After...
Macau’s merchandise imports fall 18.5%
LONDON: The value of Macau’s merchandise imports fell to MOP6.96 billion (about US$870 million) in January, 18.5 per cent less...
South Africa’s trade balance deficit passes R17.8bn
JOHANNESBURG: South Africa’s trade balance swung massively to a deficit of R17.87 billion in January from a revised R7.56bn surplus...
Turkey Jan thermal coal imports fall 2% YOY
ANKARA: Turkey imported 2.25 million mt of bituminous thermal coal in January, down 2% year on year and 25% from...
Customs Superintendent, Examiner retire
ISLAMABAD: Two officers of Pakistan Customs are going to retire or retired from the government service on attaining the age...
S. Korea’s Feb crude oil imports increase 17.8%
SEOUL: South Korea's crude oil imports in February rose 17.8 percent from a year earlier to 94.2 million barrels, preliminary...
Superintendent-IR Ghazanfar to retire on April 4
ISLAMABAD: Ghazanfar Ali Bhatti, an Inland Revenue Service officer, is going to retire from the government service on attaining the...
India to cut defence imports
NEW DELHI: India plans to focus defence spending more on the domestic market instead of importing combat planes, ships and...
Terminal operators owe FG N86.2bn Ports charges, fees
WASHINGTON: Terminal operators in Nigeria are currently indebted to the Federal Government to the tune of $433.4 million, about N86.2...
Port of Melbourne sale rescue
WASHINGTON: The welcome irony of the vengeance politics that has scarred the privatisation of the Port of Melbourne is that,...
Lahore RTO generates Rs 25m through over 350 returns under VTCS
LAHORE: The Regional Tax Office generated about Rs 25 million through 351 returns till the end of February 2016 under...
Silkbank’s deposits increased to Rs 81b with 18% growth in 2015
KARACHI: Silkbank has posted significant growth of 18 per cent in 2015 over the previous year, taking the bank's total...
Oman aims to expand shipping, trade links with Iran
LONDON: Oman aims to expand shipping and trade links with Iran and get ahead of rivals after the lifting of...
Deadline for tax amnesty scheme extended; WHT increased to 0.4%
ISLAMABAD: Federal Finance Minister Ishaq Dar has extended the deadline of Voluntary Tax Compliance Scheme till March 15. Dar, in...
Petrol price reduced by Rs 8.48/litre to Rs 62.77
ISLAMABAD: The government has reduced prices of petroleum products by Rs8.48 per litre. The Oil & Gas Regulatory Authority (Ogra)...
