LCCI hails SBP’s decision to cut interest rate by one percent

DUBLIN: A 36-year-old man was stopped at Dublin Airport today with €500,000 in cash concealed in his hand luggage. The...

Vohra protests govt.’s move to keep KCCI away from PM’s meeting

KARACHI: President of Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Vohra strongly protested federal government’s move to keep...

KSA to invest in Pakistan’s power and energy sector‏

ISLAMABAD: Prince Sultan Bin Saud Bin Mohammed Bin Saud Alkabeer of Almarai Company along with a delegation visited Islamabad Chamber...

K-Electric and EasyPaisa build electronic payment channel for new connections

KARACHI: K-Electric announced that the power utility further cemented its collaboration with Telenor’s EasyPaisa and payments for new connections for...

Hong Kong police bust people-smuggling syndicate

HONG KONG: A people-smuggling syndicate which allegedly brought more than 200 Vietnamese illegal immigrants into Hong Kong to work over...

US Court sentences prison to trailer driver for marijuana smuggling

NEW YORK: A tractor-trailer driver from Barrie, Ont. was sentenced this week by U.S. District Judge Richard J. Arcara to...

Malaysia Airlines inks long-term lease agreements with ALC

KUALA LUMPUR: Malaysia Airlines Bhd (MAB) and Air Lease Corp (ALC) have signed long-term lease agreements for four new Airbus...

Singapore’s Vibrant Group net profit surges 10.3% to $7.5m in Q1

SINGAPORE: Logistics firm Vibrant Group reported here the other day that first-quarter net profit rose 10.3 per cent to $7.5...

Kuwait Customs foils attempt to smuggle whisky bottles

KUWAIT CITY: Kuwait customs officers at the Al-Nuwaiseeb border post have arrested a young Kuwaiti for attempting to smuggle whisky...

Angola to review customs duties on goods, equipment

LUANDA: The government of Angola wants to reduce the customs duties applied to goods and equipment “necessary for national production”...

Kuwait’s Jazeera Airways reports 36% growth in flown passengers in July

KUWAIT: Jazeera Airways yesterday released its Operational Performance Report for the month of July 2015, which showed a 36% increase...

SL gets Singapore’s IRA help to overhaul tax system

COLOMBO: Sri Lanka’s Inland Revenue Department is receiving help from the Inland Revenue Authority of Singapore to overhaul the complicated...

Penang customs seizes 22kg of drugs, 5 Indonesian arrested

GEORGETOWN: The Penang Customs Department arrested five Indonesian men and seized from them 22.067kg of drugs worth RM3.17 million in...

Hon Hai sales jump by 6.48%, Pegatron sales up 16.4% in Aug

TAIPEI: Apple Inc’s iPhone main assemblers Hon Hai Precision Industry Co and Pegatron Corp yesterday reported the highest August sales...

Taiwan’s Gourmet Master sales surge 7% to $56.9m in Aug

TAIPEI: Shares for Gourmet Master Co Ltd, best known for its coffee shop and bakery chain 85°C, rose 3.57 percent...

Mexico likely to raise broiler production

MEXICO CITY: After implementing strong biosecurity measures, Mexico rebounded from avian influenza outbreaks with growing broiler production, according to a...

Indonesia’s PT Waskita needs Rp 10t for toll road projects in 2016

JAKARTA: State-run construction company PT Waskita Karya says it will need Rp 10 trillion (US$700.75 million) next year for the...

Pakistan is attractive destination for foreign investment: Zhao Qingwei

LAHORE: Mutual cooperation and joint ventures between Pakistani and Chinese businessmen in agriculture, livestock, infrastructure, energy, automobile and other sectors...

Senate standing body asks govt to clear pending refunds