KT&G expands business in Iran
TEHRAN: KT&G is expanding its business in Iran as the Islamic country is requesting more investment from Korea’s largest tobacco...
PSX investor base to be expended to 1 million in two years: MD
KARACHI: Pakistan Stock Exchange (PSX) Managing Director Nadeem Naqvi has hoped that the stocks would attract more than 600,000 new...
Audi reports sales record in Jan
MUNICH: German automaker Audi AG reported on Wednesday that around 143,150 vehicles were delivered in January, a year-on-year increase of...
Saudi Arabia’s construction sector hit by spending cuts
RIYADH: Construction companies in Saudi Arabia are delaying paying staff as a result of the growing pressure on the country’s...
Singapore’s private home resale prices slightly higher in Jan
SINGAPORE:The resale prices for Singapore's non-landed homes developed by private developers in January rose by 0.6 percent from that in...
Maersk revenue down 15.3% in 2015
COPENHAGEN: Danish oil and shipping group A.P. Moeller-Maersk saw its revenue decline 15.3 percent in 2015, the company said Wednesday....
Pakistan world’s third cheapest country on cost of living index
ISLAMABAD: Pakistan is the world’s third cheapest country after India and Nepal, said a new global report. The report on...
Thailand ready to halt imports of salad products from Australia
BANGKOK: Thailand is ready to halt imports of prepacked salad products from Australia if salmonella bacteria is detected by Thai...
France posts record wine sales in 2015
PARIS: Record-breaking sales of wines and spirits earned 11.7 billion euros (13.15 billion U.S. dollars) for France in 2015, according...
Spain’s housing sales increase by 11.1% in 2015
MADRID: Spanish housing sales rose by 11.1 percent in 2015 compared with a year earlier, according to data published Wednesday...
BMW Group sales in Jan. hit new record
MUNICH: German car producer BMW Group reported on Wednesday that 152,879 BMW, MINI and Rolls-Royce vehicles were sold in January,...
EU launches public consultation for granting China market economy status
BRUSSELS: The European Union (EU) launched a public consultation concerning whether to grant China the market economy status (MES) on...
South Africa plans fuel cell plant to increase platinum demand
CAPE TOWN: South Africa plans to set up a fuel cell component plant by 2018 to increase demand for the...
Sajjad Haider takes charge as Chief Commissioner at Islamabad LTU
ISLAMABAD: Sajjad Haider Khan, a BS-21 officer of Inland Revenue Service, has assumed the charge of the post of Chief...
Four Inland Revenue officers of BS 19-20 transferred
ISLAMABAD: Federal Board of Revenue has transferred/posted four Inland Revenue Service of BS 19-20 with immediate effect. According to the...
Danish export to US, China on the rise
COPENHAGEN: Danish exports to the US and China jumped considerably in 2015, according to new figures from the national statistics...
Farrukh Majid takes charge as Sahiwal Commissioner-IR
ISLAMABAD: Muhammad Farrukh Majid, a BS-19 officer of Inland Revenue Service, has assumed the charge of the post Commissioner-IR (OPS)...
Qatar, Pakistan sign multi-billion dollar gas deal
DOHA: Qatar and Pakistan signed on Wednesday a multi-billion dollar gas deal to supply Pakistan with 3.75 million tonnes of...
Bulgaria’s budget deficit declines in 2015
SOFIA: Bulgaria's budget deficit for 2015 stood at 2.9 percent of the projected gross domestic product (GDP), while in 2014...
Lithuania’s exports declines by 5.7% in 2015
VILNIUS: In 2015, Lithuania's exports declined by 5.7 per cent, compared to 2014, while imports decreased by 1.9 per cent,...
