Sri Lanka aims to lure $5bn in FDIs next three years
COLOMBO: Confident that the Yahapalanaya has paved the way to bring nothing but fortune to the nation, a top Cabinet...
Indonesia exports first ever warship
JAKARTA: State-owned shipbuilder PT PAL Indonesia launched two warships on Monday, one of which will be the first naval vessel...
Delta Corporation’s revenue decrease 7% in Zimbabwe
HARARE: Delta Corporation's revenue for the nine months to September 2015 decreased by 7 percent, weighed down by falling volumes...
Korea posts trade surplus for 47 months
SEOUL: South Korea posted trade surplus for 47 straight months due to a faster fall in imports than exports, customs...
BJB eyes more infrastructure loans
JAKARTA: Publicly listed Bank Jabar Banten (BJB) plans to increase lending for infrastructure projects this year to support the government’s...
Australian banks to see weaker profit growth in 2016: Fitch
CANBERRA: Australian banks' profit growth is set to slow further this year as lenders' bottom lines feel the impact of...
Saudi Arabia imposes ban on French poultry, egg imports
PARIS: Saudi Arabia's Food and Drug Authority said it had imposed a temporary ban on importing poultry and eggs from...
Govt sets conservative export target for 2016
JAKARTA: The government is setting a conservative target for the growth of exports for 2016 and the next three years,...
China exports 9 containers with 140 tons of fresh pears to Russia
BEIJING: At the beginning of January, China exported 9 cooled containers with 140 tons of fresh pears to Russia via...
French president declares economic emergency
PARIS: French President Francois Hollande pledged Monday to redefine France's business model and declared what he called "a state of...
Dubai: 56,000 investors pumped AED136 billion in real estate sector in 2015
ABU DHABI: The value of real estate investment transactions made by overseas buyers in Dubai in 2015 exceeded AED135 billion,...
Dubai economy proves resilience again
DUBAI: Dubai's economy emerged resilient during 2015 despite the global challenges created by the drop in oil prices, the economic...
Iran investment hope cheers traders in Dubai
DUBAI: The last time Hassan Harshbaf was doing business in his homeland, Iran, he had to leave in a hurry....
Latvia exports EUR 1.883b worth of forestry industry products
RIGA: During the first 11 months of 2015, Latvia exported EUR 1.883 billion worth of forestry industry products, which was...
Imports of natural gas liquids could exceed exports in 2015: National Energy Board
OTTAWA: The value of natural gas liquids (NGLs) imports could exceed the value of exports in 2015, something that has...
Japan Govt fund considers ¥300b investment in Sharp Corp
TOKYO: A government-backed fund is considering investing around ¥300 billion in Sharp Corp. to assist its restructuring, raising the amount...
Customs department clears new ICD at Butibori
NAGPUR: Customs and central excise department has cleared a new inland container depot (ICD) at Butibori, which will boost export...
Polypropylene into Russia decrease 18% in 2015
MOSCOW: Total imports of polypropylene (PP) into Russia decreased to 138,100 tonnes in 2015, down 18% compared to the previous...
Saudi Arabia’s cosmetics imports double in 2015
RIYADH: Saudi Arabia’s cosmetics imports were double the expected size for the year, reaching a value of SR2.3 billion –...
Indian Assocham backs falling rupee to boost exports
NEW DELHI: Any depreciation in rupee on account of China-led turmoil in the global financial markets should only be welcome...
