Hon Hai head Terry Gou eyes revenue, profit growth
TAIPEI: Hon Hai Precision Industry Co chairman Terry Gou yesterday said the company aims to increase its revenue and profit...
PM approves plans for $18.6 mln Khanh Hoa port
KHANH HOA: Prime Minister Nguyen Tan Dung has given the green light to the Bac Van Phong project, which will...
VN- Australia trade drops 19% on crude oil prices
HANOI: Two-way trade between Viet Nam and Australia saw a year-on-year decrease of 19 per cent to US$4.93 billion in...
Turkey’s exports to EU rise 6% in 2015
ANKARA: Turkey became the European Union's fifth-largest trade partner in 2015, according to data released by Eurostat. According to a...
Pak rupee depreciates in open market, interbank
KARACHI: The Pakistani rupee Friday remained under pressure and shed value against the US currency both in open market and...
AUB profits rise 12.9% to KD 77.7m in 2015
KUWAIT: Ahli United Bank (Kuwait) announced operating profits from core businesses of the bank rose to KD 77.7 million in...
ComBank announces of Rs 5 bn debenture issue
COLOMBO: The Commercial Bank of Ceylon PLC, Sri Lanka’s largest private bank by assets, market capitalisation and profit after tax,...
Thai solar co SPCG’s profit grows 30% in 2015
BANGKOK: Thai solar power company SPCG Pcl (MAI:SPCG) saw its 2015 net profit jump to THB 2.47 billion (USD 69m/EUR...
Utility Stores witness huge decline in sales to Rs25b during H1
ISLAMABAD: The Utility Stores Corporation (USC) witnessed huge decline in sales to Rs25 billion during the first six months of...
SBP’s reserves up by $174m to $15.5b
KARACHI: The State Bank of Pakistan’s (SBP) total foreign exchange reserves surged by 1.1% or $174 million to $15,515 million...
Global smartphones sales up 9.7% in Q4 2015
KUALA LUMPUR: Global sales of smartphones increased 9.7% to 403 million units in the fourth quarter of 2015 over the...
Brazil, Argentina agree to move to free auto trade
BRASÍLIA: Brazil and Argentina have agreed to gradually move toward the free trade of cars and auto parts to bolster...
Investment in water projects to $122.6bn in 2016: NDRC
BEIJING: China will invest over 800 billion yuan ($122.6 billion) in large-scale water conservancy projects in 2016, the top economic...
COSCO declared preferred investor for Greek Piraeus port privatization
ATHENS: The Greek privatization fund announced here the other day that China's COSCO was formally declared the preferred investor for...
Ukraine seeks new business opportunities with China
KIEV: A Ukrainian trade mission will travel to China in September in search for new business opportunities, a senior Ukrainian...
Travel sector expects 30% rise in business
CHENNAI: Besides, the EC has budgeted a 198-crore spend for itself, thereby making the upcoming elections the most expensive ever...
COSCO sets new course to create six businesses
BEIJING: China COSCO Shipping Corp Ltd, now the world's largest bulk vessel and oil tanker operator by fleet size, is...
Indonesian central bank cuts key rate to boost economy
JAKARTA: Indonesian central bank on Thursday trimmed its benchmark interest rate for the second time this year to spur the...
Engro Corp earned Rs 13.8b in 2015 with 97% growth
KARACHI: Engro Corp has posted 97 per cent growth in its profits as the company earned about Rs14 billion in...
North Korea’s overall food imports fall in 2015
SEOUL: North Korea’s overall food imports from neighboring China fell by a quarter in 2015 when compared the previous year,...
