Japan’s GDP grows 0.2% in April-June as exports fall
TOKYO: Japan’s economy barely grew in the April-June quarter, as weaker exports and business investment weighed on the faltering recovery....
Pak rupee remains firm against dollar
KARACHI: The Pakistani rupee Monday remained unchanged against the US currency both in open market and interbank. As per the...
Oil market remains uncertain and impatient
RIYADH: OPEC producers will only agree on a production freeze if everyone, including the Iranians agree to a cut. The...
South Africa’s ANC wants budget ‘re-prioritized’ after vote losses
JOHANNESBURG: South Africa's ruling African National Congress wants the national budget "re-prioritized" to focus on tackling poverty, unemployment and inequality...
Thailand’s jewelry exports grow by 67.12% in H1 of 2016
BANGKOK: The President of the Gem and Jewelry Institute of Thailand (GIT) (Public Organization) has disclosed that Thailand’s jewelry exports...
Thailand’s economy expanded more than expected in Q2
BANGKOK: Thailand’s economy grew more than analysts estimated in the second quarter as the military government accelerated spending on road...
Korea’s imports of foreign tires up 64% in 5 years
SEOUL: Korea's tire market appears to have entered a saturation phase. The sales of import tires, however, are enjoying rapid...
Iran unable to export petchems to EU due to banking problems
TEHRAN: Iran’s petrochemical export to Europe is facing problems due to banking problems, Fariborz Karimaei, deputy head of Iranian Association...
S.Korea’s July Iran crude imports jump over 285% YOY
SEOUL: South Korea's crude imports from Iran rose further in July to be nearly four times the level of a...
Imports of Northern lambs for slaughter up 56%
WASHINGTON: The strengthening of euro against sterling has increased demand for Northern Ireland lambs from processors in the Republic, according...
Port of Harlingen seeks to impose tax
HARLINGEN: The Port of Harlingen needs more money. Citing higher operating and infrastructure costs, port officials are seeking to reinstate...
Port of coos bay celebrates 100 years of rail
WASHINGTON: The Port of Coos Bay, Oregon, celebrated the centennial of its Coos Bay Rail Link, which connects the coastal...
Enayam port project will not affect fishermen Pon. Radhakrishnan
LONDON: The Enayam port project in Kanyakumari district planned at a cost of Rs. 27,500 crore will be implemented by...
Nestlé’s Philippine subsidiary grows cassava industry
BASEL: Swiss food and beverage giant Nestlé and its Philippine subsidiary has helped coffee growers as part of its Nescafe...
Philippines 2Q GDP grows on election spending
MANILA: The economy likely expanded in the second quarter of 2016 year-on-year, boosted by election spending, higher government spending, and...
Philippines increases VAT to 15%
MANILA: The government plans to increase the value-added tax or VAT on goods and services from 12 percent to 15...
Food retail revenues drop by 3% during 2Q in Switzerland
BASEL: Supermarket sales have sunk below the £100 billion mark for the first time in six years amid fierce competition...
CAB Cakaran aims to achieve RM1b revenue in FY 2016-17
KUALA LUMPUR: CAB Cakaran Corp Bhd is on track to achieve RM1bil in revenue this fiscal year ending Sept 30,...
Cigarette tax hike may promote circulation of illegal products: Indef
JAKARTA: A motion to increase the price of cigarettes from the current Rp 15,000 (US$1.14) to Rp 50,000 per pack,...
Singapore’s KrisEnergy says some debt covenants may come under stress
SINGAPORE: Singapore oil and gas exploration firm KrisEnergy Ltd on Sunday said some covenants on existing debt agreements could come...
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