Sri Lankan tea exports fall 10% in July

COLOMBO: Sri Lanka's new government is drafting reforms aimed at simplifying taxes, widening the tax base and increasing compliance, Finance...

Sri Lanka’s cabinet to regulate lubricant industry

COLOMBO: Sri Lanka’s cabinet has approved appointment of the Public Utilities Commission as the regulator of the lubricant industry and...

Two Sri Lankan women arrested for cigarette smuggling

COLOMBO: Two Sri Lankan women, allegedly in possession of 80,000 illegal cigarettes, were arrested by Airport Customs upon their arrival...

PBIF’s president asks govt to increase duty on wheat imports to 60%

ISLAMABAD: President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain on Wednesday asked the govt to increase regulatory duty...

TDAP to enhance bilateral trade with Iran

ISLAMABAD: Trade Development Authority of Pakistan Chief Executive S M Muneer is leading a 19-member trade delegation of major exporters...

FTO offices being enhanced to ensure inexpensive, speedy justice: Abdul Rauf

KARACHI: Federal Tax Ombudsman (FTO) Abdul Rauf Chaudhry has said that the number of FTO offices has successfully been raised...

ICAC meeting will be held from 30th October to 4th November: Rubina Wasti

FAISALABAD: International Cotton Advisory Committee (ICAC) 75th meeting will be held from 30th October to 4th November in Islamabad. Immediately...

Canadian man sentenced for smuggling more than 280,000 Xanax into Vermont

WASHINGTON: The Justice Department and U.S. Customs and Border Protection agents said Cedrick Bourgault-Morin, 22, of Quebec, was sentenced Monday....

Industrial output falls short of government forecasts

TAIPEI: he nation’s industrial output last month contracted 0.31 percent annually, falling short of the government’s expectation as lackluster demand...

Greek stocks inch up 0.33 percent

ATHENS: Spearheaded by bank shares, the Greek stock exchange rose for a second day running on Tuesday, with the general...

Greek Investment Bank sees Motor Oil profits down in Q2

ATHENS: Greek refiner Motor Oil is expected to show a reduction in earnings before interest, taxes, depreciation and amortization (EBITDA),...

Industrial sector sees closure of 35 major companies in 2008-15

ATHENS: Greek industries seem to be stuck in one of the bleakest chapters of their recent history as they find...

UK construction machine exports growth

LONDON: The latest figures from the UK’s Construction Equipment Association (CEA) show that exports of machines continued to show modest...

Qatar Investment Authority makes $622m investment in Empire State Realty Trust

DOHA: The Qataris are betting on the Empire State Building. An affiliate of the Qatar Investment Authority bought a 9.9%...

Kuwait’s air conditioner market to grow CAGR by 4.45% during 2016-22

KUWAIT CITY: Kuwait's Air Conditioner Market is projected to grow at a CAGR of 4.45% during 2016-22. The growth rate...

Spain to import more fruit in 2016

MADRID: Fruit imports totaled 816,837 tonnes, at a value of €816m, according to data from the Department of Customs and...

Norwegian minister says new trade deal with Britian may delay

OSLO: Norway wants to maintain a good relationship with Britain after it leaves the European Union but it may take...

Norwegian oil companies production seems to may fall in 2016

OSLO: Norwegian oil companies say spending on exploration and production is likely to fall more than previously expected next year,...

Banks providing education loans against certificates