5.5% growth rate target impossible to achieve: PEW
LAHORE: A renowned economic watchdog of the country has forecasted that the target of 5.5 percent growth rate set for...
Ethos buys 65% stake in South African equipment
CAPE TOWN: Ethos Private Equity Ltd. bought a 65 percent stake in South African equipment rental and sales company Eazi...
Norway’s CPI falls by 0.4% in Dec
OSLO: The Consumer Price Index (CPI) dropped 0.4 per cent from November to December 2015, mostly due to lower food...
South Africa’s Amplats sees FY profit fall on impairments
CAPE TOWN: South Africa's Anglo American Platinum Ltd (Amplats) on Monday flagged a sharp fall in full-year earnings due to...
FDI inflows to surpass $1 bln in 2016
HARARE: In 2014, Zimbabwe recorded FDI inflows of $545 million, the highest since 2009. Yet the inflows were low compared...
Tax spat threatens to end Danish govt
COPENHAGEN: Liberal Alliance (LA) leader Anders Samuelsen said he has given the government a deadline of June 5th to deliver...
Insecurity tamping down exports via Sher Khan Port: ACCI
KUNDUZ CITY: Exports of domestic products to Central Asian countries through the Sher Khan Port in northern Kunduz province have...
German, Turkish Police nab 15 in migrant smuggler raids
BERLIN: German and Turkish police said they have cracked down on an international smuggler ring in one of the biggest...
Govt urged to announce oil prices fortnightly
LAHORE: The Pakistan Industrial & Traders Associations Front (PIAF) has asked the government to adjust and announce oil prices fortnightly...
Cement exports decreased by 25.68% to 3.01MT during H1
LAHORE: The cement exports from the country decreased by 25.68 per cent to 3.01 million tons during the first half...
Pakistan wants to restart train service with Turkey to promote trade
ISLAMABAD: Pakistan Railways is struggling to restart container train service between Pakistan and Turkey via Iran through tripartite arrangements under...
Foreign buyers be attracted to promote local gemstone industry: Experts
ISLAMABAD: The experts have said that to promote gemstone industry in the country, the potential international buyers should be attracted...
Saudi Customs foils attempt to smuggle 14 bottles of liquor
RIYADH: Customs officials at the King Fahd Causeway have foiled a man’s attempt to smuggle 14 bottles of liquor into...
SMEs be encouraged to increase exports, decrease unemployment, terrorism
LAHORE: The small and medium enterprises (SMEs) should be encouraged to increase exports, revenue and to end unemployment from the...
Traders’ leader for lowering taxes on telecom sector
LAHORE: Islamabad Chamber of Small Traders Patron Shahid Rasheed Butt has said that the higher telecom taxes are discouraging consumers...
S. Korea’s terms of trade improve from 2015 in Dec
SEOUL: South Korea's terms of trade improved from a year earlier in December as import prices fell at a faster...
India gold bar imports more than double in Dec 2015
MUMBAI: The Gems and Jewellery Export Promotion Council (GJEPC) has released the details of imports of raw materials for gems...
Canada’s central bank keeps key interest rate steady
TORONTO: The Bank of Canada on Wednesday decided to hold its benchmark interest rate at current levels of 0.5 percent,...
Saudi Arabia to seek foreign non-oil investors
RIYADH: Saudi Arabia aims to at least double annual inflows of foreign direct investment (FDI) over the next 10 years...
Lower property expenses boost FCT’s Q1 returns
SINGAPORE: Lower property expenses boosted returns at Frasers Centrepoint Trust (FCT) and delivered a better distribution per unit (DPU) for...
