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Poland’s no income tax for youth under 30: gov’t proposal
WARSAW: Following Law and Justice’s (PiS) plans outlined last weekend to introduce child benefits, to lower the retirement age from...
Investment activity on property market at €365 mln Q2: C&W
WARSAW: Investment activity in the Central European markets of Poland, Czech Republic, Slovakia, Hungary and Romania maintained momentum with €881...
Poland competes with Slovakia to host car factory with a capacity 350,000
WARSAW: Poland and Slovakia were shortlisted by an Asian car maker as potential locations for a production plant, an investment...
Poland’s unemployment rate drops to 10.4pct in June
WARSAW: Poland's unemployment rate in June likely declined to 10.4% from 10.8% in May and is in for hitting a...
Opposition party PiS proposes flat tax on bank assets at 0.39pct
WARSAW; Poland's main opposition party Law and Justice (PiS) expects PLN 5 billion annual receipts from a non-progressive 0.39% tax...
Spanish Customs foils international drug ring, arrests 69 drug smugglers
MADRID: A total of 69 people were arrested, mainly in Spain and Portugal, as part of the operation which was...
Reserve Bank of Australia keeps interest rate unchanged at 2.0%
SYDNEY: To maintain monetary policy with economic growth, the Australian central bank has kept the interest rates unchanged at 2.0...
Rs1.21m revenue collected: 1,181 public transport vehicles fined for overcharging in June
LAHORE: As many as 1,181 public transporters have been challaned for overcharging and about 1,164 vehicles have been fined for...
Russian court sentences man 6yrs jail in $672,000 fraud
MOSCOW: The Basmanny District Court in Moscow has sentenced Ruslan Lagutkin, deputy head of Russia’s Federal Customs Service, to six...
331 Ramazan Bazaars: Poultry Association vows to ensure availability of subsidised chicken in Punjab
LAHORE: The poultry dealers have vowed to ensure provision of quality product in 331 Ramazan Bazaars across the province. Pakistan...
PTA launches website to promote education
ISLAMABAD: With the aim to promote education in the country, the Pakistan Telecommunication Authority (PTA) has launched a website ‘www.smartpakistan.pk’,...
Korea exchange Bank says deposit reserves declined by 3t won in 2014
SEOUL: Korea Exchange Bank (KEB) said Wednesday its time deposit reserves declined by 3 trillion won ($2.6 billion) over the...
LCCI, IPR organise seminar on Pak-India trade
LAHORE: The Lahore Chamber of Commerce & Industry (LCCI), in collaboration with the Institute for Policy Reforms (IPR), has organised...
Dastgir in S Korea to discuss FTA
ISLAMABAD: Federal Minister for Commerce Engineer Khurram Dastgir Khan will call on his Korean counterpart Yoon Sang-jick to discuss feasibility...
Japan’s Finance Ministry confirms tax revenue in 2014 fiscal year Jumps 15%
TOKYO: Japan's Finance Ministry has confirmed that the country's total tax revenue in the 2014 fiscal year (FY) increased to...
ADB to give Pakistan $400m under Energy Sector Reforms Programme
ISLAMABAD: The Asian Development Bank (ADB) is set to give another tranche of $400 million loan to Pakistan after approval...
Norway’s $860b oil fund reveals divestments, resolution rejections
OSLO: Norway’s $860bn oil fund laid out its growing clout as a responsible investor as it revealed that it had...
16-hour-long breakdown: K-Electric unable to restore electricity in half of metropolis
KARACHI: The half of the metropolis is under darkness as K-Electric has failed to restore power after a major 16-hour-long...
0.6% tax on bank transactions: Traders vent anger on govt’s decision
KARACHI: The traders have protested against the government’s decision of imposing 0.6pc withholding tax on bank transaction of Rs50,000. The...
Japan posts current account surplus in May for 11th consecutive month
TOKYO: Japan logged a current account surplus in May for the 11th consecutive month, as prices for crude oil continued...
