Zimplats revenue falls 11% to $96,3 mln
HARARE: Revenue fell 11 percent to $96, 3 million on reduced sales and falling commodity prices. Platinum, Palladium, Gold and...
Govt urged to impose import duty on Iranian cement
LAHORE: The cement manufacturers have urged the government to impose regulatory duty on cement imports from Iran to save the...
Shanghai’s foreign trade falls 2.1% to $427.5b
SHANGHAI: Shanaghai reported 2.8 trillion yuan (US$427.5 billion) of foreign trade last year, down 2.1 percent from 2014, Shanghai Customs...
Govt to ease tax burden on four industries
BEIJING: Construction, real estate development, financial services and consumer services will be included in China's corporate tax reform program. The...
Banking spread declines by 43bps to 5.56% at 11-year low
LAHORE: The country’ banking spread has decreased by 43bps to 5.56 percent, which is 11-year low against the last calendar...
China manufacturing activity contracts, hits 3-year low
BEIJING: China's manufacturing activity kept contracting in January, pointing to persistent weakness in the sector, data showed on Monday. The...
HK Customs seizes 48kg cocaine worth HK$51.6m
HONG KONG: Four suspected drug traffickers were arrested after Hong Kong customs officers seized about 48kg of suspected cocaine among...
Customs Officer Association call to improve officers’ service scheme
BUTTERWORTH: The country's three customs officers’ associations have called for the Federal Government to improve on their enforcement officers' service...
Philippines SC revives Customs’ tax credit scam suit against Shell
MANILA: The Supreme Court has ordered a Manila court to revive the Bureau of Customs' P10.1-million collection suit against Pilipinas...
US Police seize 10,000 bags of heroin worth $100,000
NEW JERSEY: Two Bronx women were arrested Tuesday afternoon after they delivered 10,000 bags of heroin to undercover detectives in...
Philippines police seize shabu worth P20,000
MANILA: Police arrested three persons and seized P20,000-worth of suspected shabu in separate anti-drug operations in Lapu-Lapu City last Saturday....
CDLHT’s net property income for Q4 dips 2.2%
SINGAPORE: The outlook for the hospitality sector in Singapore remains uncertain this year, the managers of CDL Hospitality Trusts (CDLHT)...
Govt urged to pass on actual relief of int’l oil price cut to industry
LAHORE: The business community has demanded the government to transfer the actual and whole benefit of reduction in oil prices...
MBS’ Q4 earnings take a hit on stronger US dollar
SINGAPORE: A stronger greenback coupled with Lady Luck siding with VIP gamblers combined to send earnings tumbling at Marina Bay...
Infamous policeman caught with drugs
KUWAIT: The police officer who became infamous after a video clip went viral showing him forcing an Asian man to...
ADB team visits KP micro hydropower units, offers financial aid
PESHAWAR: A delegation of Asian Development Bank (ADB) has visited Khyber Pakhtunkhwa and offered the provincial government technical and financial...
Gulf Bank net profit rises 10% to KD39m
KUWAIT: Gulf Bank yesterday announced an operating profit before provisions of KD 108 million for the year ended, 31 December...
QDB signs MoU with Islamic Corporation
DOHA: Qatar Development Bank (QDB) has signed a Memorandum of Understanding (MoU) with The Islamic Corporation for the Development of...
Global expansion part of risk aversion strategy: QNB
DOHA: QNB Group’s ongoing global expansion plans are part of the bank’s risk aversion strategy. The Group is expecting a...
$100mn capital infusion to ETI Finance gets CB nod
COLOMBO: ETI Finance Limi ted , a registered finance company with the Central Bank, is to receive foreign equity investment...
