World Business
A business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers.
Spanish producer prices decline 1.6% in February 2015
MADRID: The statistical office INE said that Spain’s producer prices decline slowed for the second straight month in 2015. Producer prices...
Thailand energy ministry plans to increase electric vehicle’s production
BANGKOK: The Energy Ministry plans to give its full support to promoting Thailand as an electric vehicle (EV) production hub....
Thailand’s GSB shifts attention to ‘premier’ clients
BANGKOK: The state-owned Government Savings Bank (GSB) planned to set up a team to take care of "premier" clients as...
Japan imports of polished diamond from India decrease 20.7% YoY to $58.221 million
TOKYO: Japan's polished diamond imports plummeted 20.7 percent year on year to $58.221 million, according to data published by Momozawa...
Hungary may review taxes on telecommunication in 2016
BUDAPEST: The Economy Minister Mihaly Varga said that Hungary may review special taxes on the telecommunications sector as the economy...
Singapore’s ERP revenue falls to S$152m in 2014
SINGAPORE: The Government collected S$152 million in Electronic Road Pricing (ERP) revenue last year, which is a dip from the...
Singapore services sector revenue hike 5.7% in Q4 2014
SINGAPORE: Business receipts of the services industries in Singapore grew by 5.7 per cent (non-seasonally adjusted) in Q4 2014 over...
Shangri-La Asia’s Singapore hotels profit down by 53.9% to $180.9m in 2014
SINGAPORE: Shangri-La Asia's overall weighted average daily rate (ADR) of its Singapore portfolio fell 3 per cent for the year...
Singapore -China industrial park sees 8% growth in 2014
SINGAPORE: Suzhou Industrial Park, the largest cooperative project between China and Singapore, saw an economic growth of 8.3 percent in...
US Treasuries prices fell on Thursday, govt due to sell $29 billion in new seven-year notes
NEW YORK: Seven-year notes are popular with many asset managers, but they may demand higher yields, or lower prices, to...
Britain’s FTSE top share index fell 1.5% today after record hit of 2.7% on Tuesday
LONDON: Britain's FTSE top share index fell 1.5 percent on Thursday at 6,882.29 points after a record high hit on...
Poland demands EC to reduce tax rates on ebooks
WARSAW: Poland, France, Germany and Italy demanded the European Commission to change tax rules for ebooks. EU judges earlier ruled...
Greece fails to get €1.2b, still optimistic on eurozone deal
ATHENS: The economy minister stated that the Athens was not entitled to 1.2 billion euros from the European financial stability...
Greece eyes €500m iGambling tax
ATHENS: Greece’s government eyes possible €500m iGambling Tax Revenues. To satisfy EU demands Greece is trying to devise an economic reform....
Copyright Bill 2015 costs telcos about $130,000 a year in Australia, ISPs to block pirate websites
CANBERRA: The cost for Australia's internet service providers to block websites under the government's proposed copyright legislation, introduced in parliament...
Denmark’s Hempel’s net profit hits 530 million kroner in 2014
COPENHAGEN: The Pierre-Yves Jullien, CEO of Hempel, in a statement said that the compy deliverd a record net profit of...
Denmark’s Dansk Supermarked restructuring measurs to cost 150 employees
COPENHAGEN: In an official statement, Dansk Supermarked announced that the company is going to decrease around 150 employees due to...
Denmark remains 3rd with 38.9% highest income tax rate
COPENHAGEN: Denmark secured 3rd with 38.9% in highest employee income tax rates in different courtiers. According to OECD a single person...
Denmark ranked 1st in EU as 30% companies make online sales
COPENHAGEN: Denmark ranked first among EU nations for conducting e-commerce, with 30 percent of Danish companies making sales online. Most...
MLIC completes offering of $750m principal amount of subordinated debentures
TORONTO: The Manufacturers Life Insurance Company completed its previously announced offering of $750 million principal amount of subordinated debentures. The...
