International Customs

DHAKA: Nepal Expo 2015 has begun at Bhrikuti Mandap Exhibition Hall from Wednesday. Minister for Commerce and Supplies, Sunil Bahadur...

Iran expects positive earnings for budget despite low oil prices

TEHRAN: A Deputy Planning Officer in Iranian Parliament, Ahmadreza Dastgheib, said the budget for the current Iranian year, which ends...

Saudi bank plans to increase 20% capital to support business growth

RIYADH: The Saudi Hollandi Bank has planned to increase its capital up to 20 percent to 5.72 billion riyals ($1.52...

MoF announces annual plan for financial procedures

ABU DHABI: The Ministry of Finance (MoF) has planned to build system among ministries and federal government entities within the...

Russian Trading System cash index up 5.8% on ceasefire announcement

MOSCOW: The Russian stock market has witnessed bullish trend after the Russian President Vladimir Putin announced Ukraine ceasefire deal in...

Indian Customs seizes 40 gold bars worth Rs10m

NEW DEHLI: Indian Customs seized 40 gold bars worth Rs 10.52 million at Mumbai International Airport and arrested two smugglers,...

Dubai Parks and Resorts projects expect Dh2.4b revenue during first year

DUBAI: Chief Executive of Dubai Parks and Resorts, Raed Al Nuami, said in a statement that projects have estimated Dh2.4...

Afghan finance ministry plans to increase customs duty on imports

KABUL: The Ministry of Finance (MoF) has planned to increase customs duty on tissue paper, cardboard and box imports to...

Thailand expects to earn $23.68b from tourism in 2015

BANGKOK: The Kasikorn Research Centre (KRC) has said that Thailand is anticipated to earn more than 772 billion baht (US$23.68...

EABL records 12% growth in profit before tax in Kenya

NAIROBI: East African Breweries Ltd (EABL) released its half-year results for the six months period ending announcing net sales growth...

Kenya Pipeline Company searches top executives for its expansion plans

NAIROBI: The Kenya Pipeline Company (KPC) has embarked on a hunt for top executives as the company gets ready to...

Chinese charged for smuggling nearly 25,000 iPhones worth VND45b into Vietnam

HANOI: Vietnamese prosecutors have filed charges against a Chinese national for bringing nearly 25,000 iPhone copycats illegally into the country,...

Zimbabwe PG Industries changes $7.1 million debentures into equity

HARARE: Struggling PG Industries Zimbabwe Limited (PG) plans to convert a total $7.1 million debentures into equity. The group said...

NZ, Chinese customs enhance trade assurance through electronic trade verification

WELLINGTON: New Zealand Customs Minister Nicky Wagner said that New Zealand and Chinese customs authorities are a step closer to...

Greece talks with Euro zone officials boost demand for Italy’s govt bonds

ROME: Italy’s government bonds soared for a second day as Greek and euro zone officials’ talks boosted demand for Europe’s...

Glimmer of hope: New car registrations across Italy jump to 131,000 in January

ROME: New car registrations across Italy have jumped to 131,000 in January, a 10.9 per cent increase compared to last...

Norway oil fund sells ownership in 49 companies due to sustainability concerns

OSLO: The oil fund sold its ownership in 49 different companies last year due to a high level of uncertainty...

Aquarius Platinum engages Zimbabwe govt over recently imposed 15% tax on exports

HARARE: Aquarius Platinum Limited (Aquarius), 50 percent shareholder in Zimbabwe’s second largest platinum producer Mimosa Mining Company (Mimosa) says it...

Norsk Hydro company wants to invest NOK4b in eco-friendly production of aluminum

OSLO: Hydro wants to invest approximately NOK 4 billion in a new technology that will enable a much more eco-friendly...

Vietnam’s tax and customs regulations termed most complicated in Asia-Pacific