Agro-fishery exports fall 3.1% in Jan
HANOI: Agro-forestry-fishery exports are estimated to yield US$2.33 billion in January, an annual decrease of 3.1 per cent. According to...
Latvia’s exports to Russia fall 25%
MOSSCOW: The European Union sanctions against Russia are a serious hit to the economy of Latvia, Latvia’s Minister of Economics...
VNR earns pre-tax profits $12.4 mln in 2015
HANOI: The Vietnam National Reinsurance Corporation (VNR) earned pre-tax profits of VND278 billion (US$12.4 million) in 2015, more than twice...
Hungary’s PMI rises to 53.0 points in Jan
BUDAPEST: Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) rose to 53.0 points in January from 49.9 in December, the logistics association...
Cambodia earns $7.1 bln from garment, footwear exports in 2015
PHNOM PENH: Cambodia exported garment and footwear products in equivalent to 7.1 billion U.S. dollars in 2015, up 14.5 percent...
Pak rupee strengthens by 15 paisas in open market
KARACHI: The Pakistani rupee Monday strengthened value against the US dollar in cash-free market. According to the local money market,...
Turkey’s exports decrease 14.4% in January 2016
ANKARA: Turkey's exports decreased in January 2016 by 14.4 percent to $9.208 billion compared to the same month in 2015,...
Iran to restart export of handmade carpets to US
TEHRAN: Iran will resume exporting the handmade carpets to the US this year, head of the country’s National Carpet Center...
Pak-Iran ferry service to start in two months
ISLAMABAD: The government is making all necessary arrangements to start Karachi-Gwadar and Karachi-Iran ferry services within two months. The services...
General electric signs $600 mln investment deal in Italy
MILAN: General Electric said on Sunday it had signed an agreement to invest $600 million in Italy in research and...
HSBC to freeze salaries and hiring in 2016 to cut costs
LONDON: Europe’s largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources...
Intel Israel’s exports fall slightly to $4.1 bln in 2015
JERUSALEM: Intel Israel's exports fell slightly to $4.1 billion in 2015, 11% of Israel's high-tech exports (industry and services). Exports...
Punjab govt spending over Rs 630m to establish fish hatcheries
LAHORE: The Punjab government is spending over Rs 630 million on the establishment of new fish hatcheries and nursery units...
UK’s PMI rises to 52.9 in Jan
LONDON: The UK manufacturing PMI, just released, showed that activity rose to a three month high of 52.9 in January,...
New Zealand honey exports soar 41% to new record in 2015
WELLINGTON: New Zealand honey exports soared 41 percent to a new record last year as the country benefited from demand...
Brazil’s Petrobras to cut investment plan by 5%
BRASILIA: Petroleo Brasileiro SA will cut its 2016-2020 investment plan by 5 percent to $93 billion as the state-run oil...
Israeli, Turkish energy firms sign gas deal worth $1.3 bln
ANKARA: Israeli and Turkish energy firms signed an agreement on Sunday to sell $1.3 billion worth of gas to Edeltech,...
Rwanda to raise exports by 28% annually
KIGALI: The government is setting up an export credit and insurance facility aimed at improving Rwanda’s trade competitiveness in the...
Japan Post Bank plans to start in-house stock investments in 2016
TOKYO: Japan Post Bank plans to start in-house investments in stocks in the second half of 2016, according to Katsunori...
$2b project: Timeline for construction of 1,100km gas pipeline to be finalised by March
ISLAMABAD: The timeline of work on 1,100-kilometre gas pipeline from Karachi to Lahore worth $2 billion will be finalised by...
