International Customs

DOHA: Qatar may see a 30% drop in revenue from gas exports in the next decade as global LNG supply...

Capacity of 15m cylinders PY: Kuwait builds KD54M gas plant

KUWAIT CITY: Construction of the liquefied gas plant in northern Kuwait has cost up to KD 54 million (about USD...

Malaysian Customs compassionate for now over written receipts for GST

KUALA LUMPUR: Business owners registered with the Goods and Services Tax (GST) are only allowed to issue written invoices or...

Opel hires 90 consultants for GBSC in Poland

WARSAW: Poland has become quite an important piece to Opel’s European strategy after the opening of Opel’s Global Business Service...

Hungarian Viola 30 invests HUF 735m on four-star Calendula Ayurvedic and Medical Hotel

BUDAPEST: Hungarian news agency MTI stated that Viola 30 Kft inaugurated the four-star Calendula Ayurvedic and Medical Hotel in Siófok,...

Spanish consumer price index falls 0.7% annually

MADRID: The Spanish consumer price index dropped 0.7 percent annually, following a 1.1 percent fall in February.Spanish consumer prices declined at...

Jordan’s GDP hikes by 3.7% in 2014

AMMAN: The Department of Statistics shows that Jordan's gross domestic product (GDP) grew by 3.1 per cent in 2014. The...

S&P raises rating of IGI to A- from BBB+

AMMAN: The Standard and Poor’s, raises the rating of International General Insurance Company Ltd (IGI) to A- from BBB+. This...

500,000 immigrants mostly from Syria waiting in Turkey to enter Greece: Cusotms

ATHENS: About 500,000 immigrants mostly from Syria are waiting in Turkey to enter Greece, according to information by the Greece’s...

Afghan trade with Pakistan expected to hit $5 billion in 2014-15

KABUL: The bilateral trade between Afghanistan and Pakistan is expected to touch $5 billion in 2014-15 but global slowdown has...

NAB seizes 128 packets Ganja worth Rs 13 lakh in District Manipur

IMPHAL: A team of Narcotics and Affairs of Border Police Station detected and seized 128 packets containing altogether 1432.5 kgs...

Debt servicing to Gulp 35% of Nigeria’s Revenue: IMF

ABUJA: The International Monetary Fund (IMF) has raised concerns over Nigeria’s rising debt portfolio, warning that the cost of servicing...

Sri Lanka to probe $2.3 billion Airbus deal

COLOMBO: Sri Lanka’s new government on Saturday announced a criminal investigation into the $2.3 billion purchase of 10 Airbus aircraft...

Air India may opt for longer range Boeing 787 planes

DELHI: Air India is considering acquisition of five Boeing 787-9 aircraft for flights to US and Canada. At present Air...

Canada welcomes long-term multiple entry Visas for Canadian travelers to China

TORONTO: The new multiple-entry visa, valid for up to 10 years, will ease travel, reduce costs and cut down on...

100kg cocaine found in Czech banana shipment

PRAGUE: Czech police say they have seized a record amount of cocaine in a shipment of bananas for a supermarket....

US business owner sentenced 10 years jail in money laundering scheme

TEXAS: A 54-year-old El Paso business owner has been sentenced to 10 years in federal prison for his part in...

US customs seizes $139,000 in drugs, arrests smugglers

TEXAS: In a series of recent busts, border agents have caught smugglers accused of trying to move $139,000 worth of...

Brazil stock exchange fined $641m on 2008 merger accounting

SAO PAULO: Brazil’s BM&FBovespa SA stock exchange has been fined nearly 2 billion reais ($641 million) by the federal revenue...

South American aluminum production fall