Vietnam to cut tariffs on Laos imports
HANOI: Many goods imported from Laos will enjoy a reduction of 50 per cent of tariffs between February 14, 2016,...
Germany soothes Polish gas pipeline fears
BERLIN: German vice chancellor Sigmar Gabriel here the other day sought to allay Poland's concerns over plans to build a...
Norway, Kenya to cooperate in Oil for development
OSLO: Kenya has requested assistance from Norway in developing its petroleum sector. Through the programme Oil for Development, Norway will...
Danske Bank ends up with a solid 2015
COPENHAGEN: Danske Bank, the largest bank in Denmark with 5 million consumer customers in northern Europe, ended 2015 with a...
Record tourism brings boost to Spain’s economic recovery
MADRID: Spain's economy rose 3.2 percent in 2015, official figures showed here the other day, its second year of growth...
Canadian auto sales jump almost 10% in January
OTTAWA: Canadian auto sales soared 9.6 per cent in January, with 11 different brands reporting double-digit growth. Continuing the trend...
EU backs easing of Ireland’s budget targets by €1.5bn
DUBLIN: The European Commission has backed moves to grant Ireland up to €1.5 billion in additional “fiscal space” for new...
Philippines Customs seizes smuggled rice worth P118-million
MANILA: The Bureau of Customs (BOC) seized over a hundred containers of illegally imported rice from Thailand — the biggest...
Hungary exports of machinery, transport equipment to hit 4.742 billion euros in Nov
BUDAPEST: Hungary’s automotive and food industries continued to support the country’s trade surplus in November, a second reading of data...
$1.8b project: PM reviews progress on 1,320MW Sahiwal coal power plant
SAHIWAL: Prime Minister Nawaz Sharif has reviewed the progress on $1.8 billion Sahiwal Coal Power Project that would add 1320...
UBS shares slide despite soaring profits for 2015
GENEVA: Swiss banking giant UBS on Tuesday posted a 79-percent higher net profit for 2015, beating analyst expectations, with tax...
French economy sees fastest growth in four years
PARIS: France’s struggling economy recorded its biggest annual growth for four years in 2015 at 1.1 percent, according to provisional...
Dr Arslan Subuctageen takes charge as Islamabad Collector
ISLAMABAD: Dr Arslan Subuctageen, a Pakistan Customs Service officer of BS-20 has assumed the charge of the post of Collector,...
Japan gives Pakistan Rs5b loan for energy sector
ISLAMABAD: The Japanese government will give Pakistan $43 million (Rs5 billion) concessional loan under Energy Sector Reforms Programme, which is...
Nepra cuts power tariff by Rs 3.83 per unit for Dec
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra), on request of Central Power Purchasing Agency (CPPA), has announced Rs 3.83...
Banks in South Africa fall most as Dec on moody’s
CAPE TOWN: South Africa’s banking and insurance companies were among the biggest losers on the FTSE/JSE Africa All Share index...
Wesports revenue jumps by 24% to RM477mil
KUALA LUMPUR: Westports Holdings Bhd posted lower earnings of RM504.86mil in the financial year ended Dec 31, 2015 due to...
$100,000 a day loss: Protests disturb fruit, vegetables exports thru PIA
KARACHI: The exporters of fruit and vegetable have expressed their concerns over the accelerating protests against the proposed privatisation of...
Public Bank 2015 earnings crosses RM5bil mark
KUALA LUMPUR: Public Bank Bhd recorded a stellar set of results, with net profit surpassing RM5bil for the financial year...
HK Customs nabs three for violating ‘Trade Descriptions Ordinance’
HONG KONG: Three individuals from an interior design and renovation company have been arrested for violating the Trade Descriptions Ordinance,...
