ECC approves proposal to reduce up to Rs 3 per kWh for industrial consumers
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet here in its meeting has considered proposals regarding different projects and...
Large scale reshuffling in Pakistan Customs likely in next few days
KARACHI: Large scale reshuffling of senior cadre officers in Federal Board of Revenue (FBR) is likely to be expected in...
SECP issues 48 orders for non-compliance
ISLAMABAD: Securities and Exchange Commission of Pakistan’s (SECP) Corporate Supervision Department has concluded adjudication of 48 proceedings against the listed...
FBR IRIS software creating problems in filing tax returns
SIALKOT: Federal Board of Revenue (FBR) IRIS (Integrated Risk Information System) is still creating hurdles for tax returners. Sources told...
Ishaq Dar, World Bank chief to discuss economic cooperation on Feb. 9
ISLAMABAD: The Finance Minister, Mohammad Ishaq Dar chaired a meeting to review and finalize arrangements for the visit of Dr....
Fortescue iron ore shipments gain 3.8%
CANBERRA: Fortescue Metals Group, the world’s fourth-biggest iron ore exporter, said second-quarter shipments rose 3.8%, beating analyst estimates, as costs...
Tablet shipments sees double digit drop in 2015
WASHINGTON: The demise of the tablet seems inevitable, as shipments percentage dropped in double digits for the first time ever....
Inflation likely slows to 1.2% in Jan
MANILA: Lower food and utility prices after the holiday season likely dampened inflation in January, the chief economist of the...
Germany’s annual inflation rate edges up to 0.4%
BERLIN: Inflation is gradually creeping higher in Germany but is still a long way off the European Central Bank’s target...
Govt may re-impose customs duty on crude oil imports
KATHMANDU: With international oil prices slumping to 12-year low, the government may look at reimposing 5 per cent customs duty...
Mexico’s Pemex posts record low crude oil exports in Dec
MEXICO CITY: Mexico’s state-owned oil company Pemex exported just 1.008 million barrels per day (bpd) of crude oil in December,...
Govt mulls cash incentives for pharma exports
DHAKA: The government is planning to give the pharmaceutical industry a boost with cash incentives for exports. “I can assure...
Dabur India Ltd reports 12.6% rise in net profit
NEW DELHI: Dabur India Ltd on Thursday reported a 12.6% rise in net profit for the quarter ended 31 December,...
Chilean beef exports increase 121% in 2015
CHILE: Claudia Carbonell, director of the Office of Agricultural Studies and Policies (PASO) reported that beef exports in 2015 were...
Saudi customs arrests man in alcohol smuggling case
RIYADH: A Saudi man was arrested for attempting to smuggle 14 bottles of liquor in his underwear into the Kingdom,...
Coverage of 3G mobile services in Jordan stands at 98%
AMMAN: Coverage of third generation (3G) mobile services in Jordan stands at 98 per cent, while 98 per cent of...
Vietnam FDI surges 101.2% in this month
HANOI: Foreign direct investment (FDI) in Viet Nam rose impressively by 101.2 per cent to more than US$1.33 billion in...
Standard Chartered Bank expects Vietnam’s GDP to expand 6.9%
HCM CITY: Standard Chartered Bank expects Viet Nam's gross domestic product (GDP) to expand by 6.9 per cent, higher than...
Vietnam’s shrimp exports to US expected to rise in 2016
HANOI: Viet Nam's shrimp exports to the US are expected to rise in 2016, the Viet Nam Association of Seafood...
Hai Phong Port sees profit
HANOI: The Hai Phong Port Joint Stock Company announced net revenue of nearly VND1.7 trillion (US$76 million) and after-tax profits...
