Venezuela economy head calls for creativity as oil hits new low
CARACAS: Venezuela’s new economy minister, who has argued that inflation doesn’t exist “in real life,” said policies to be announced...
Colombia seizes 6,000 gallons of smuggled Venezuelan gasoline
BOGOTA: The Colombian army seized 6,298 gallons (22,710 liters) of contraband Venezuelan gasoline and detained six people on smuggling charges,...
Cuba produces 134 million cigars for export in 2015
HAVANA: Workers of the Internacional Cubana de Tabacos (ICT by its Spanish acronym) produced more than 134 million cigars this...
United Airlines announced to operate flights to Cuba
HAVANA: United Airlines announced it will offer flights between the United States and Cuba as soon as it obtains its...
Cuba to grant credits to boost agricultural output
HAVANA: The Cuban government will grant credits to Basic Units of Cooperative Production (UBPC) in order to invest in livestock...
HTC revenues lowest in 10 years for Dec 2015
WASHINGTON: HTC has reported consolidated revenues of NT$6.517 billion (US$198.1 million) for December 2015, down 36.64% on month and 57.08%...
ASE revenues drop 18% in Dec 2015
WASHINGTON: IC packaging and testing house Advanced Semiconductor Engineering (ASE) has reported consolidated revenues of NT$21.53 billion (US$645.5 million) for...
Algeria’s energy export volumes drop 2.8% in first 9 months of 2015
ALGERIA: Algeria’s energy export volumes dropped 2.8 percent in the first nine months of 2015 due to a fall in...
Vietnam’s MobiFone acquires 95% of stake in AVG
HANOI: Viet Nam's second largest mobile network operator MobiFone has acquired 95 per cent of stake in Audio Visual Global...
Vietnam business households may soon pay tax online
HANOI: Online tax payment will likely be availabe to individuals and business households in Viet Nam soon with the pilot...
Vietinbank, PG Bank may combine in Q1 of 2016
HANOI: Vietinbank and PG Bank did not finalise procedures to merge in 2015 as planned, according to Vietinbank's chairman Nguyen...
Ministry of Finance proposes tax rate for two fats for milk
HANOI: The Ministry of Finance has proposed a standard tax rate for anhydrous butter fat (ABF) and anhydrous milk fat...
Exports of Australian mangoes growing fast to America
CANBERRA: America is looming as a major customer for Australian mangoes and is expected to import up to 200 tonnes...
Taiwan’s exports fall for 11th straight month in Dec
TAIPEI: Taiwan's exports fell for the 11th straight month in December compared with a year earlier, as the slowdown in...
German exports inch up by 0.4% in Nov
BERLIN: German exports inched up by a seasonally adjusted 0.4 percent to 99.3 billion euros ($108 billion) in November, the...
UAE’s Lulu to invest $150 mln in India’s Lucknow
DUBAI: Yusuff Ali MA, Chairman of LuLu Group, on Monday announced his company's intention to invest $150 million (Dh550m’ Rs1,000...
UAE’s non-oil private sector reports slower growth in Dec 2015
DUBAI: The UAE’s non-oil private sector reported a slower growth in December 2015 with business conditions improving at the slowest...
Pakistan to import 1000MW from Tajikistan under CASA-1000 by 2018
ISLAMABAD: Pakistan will import about 1000 megawatt hydel electricity from Tajikistan under the Central Asia South Asia (CASA-1000) project through...
Pak, KSA vow to enhance trade ties
ISLAMABAD: Pakistan and Saudi Arabia Friday vowed to boost bilateral trade ties between the two countries and to work together...
Procter and Gamble seizes 42% of Egypt’s paper products exports in 2015
CAIRO: Procter and Gamble (P&G) has captured 42 percent of Egypt's paper products exports between January-November 2015 to register 999.5...
