Turkish economy likely to expand 3% in 2016
ANKARA: The Turkish government took back the control after the attempted military coup on July 15, but it has imposed...
Italian rescued banks draw at least three binding offers
ROME: The Bank of Italy has received at least three binding offers for four small Italian banks that were rescued...
Minister informs Senate about tax collection from telecom sector
ISLAMABAD: Federal Minister for Law and Justice Zahid Hamid Friday informed Senate that different taxes were collected from the subscribers...
Kenya Airways loss widens
NAIROBI: Kenya Airways Ltd.’s full-year loss widened as the airline part-owned by Air France-KLM said increased foreign exchange and borrowing...
Airbus Polska to invest in space industry components
WARSAW: Airbus Polska, the Polish subsidiary of aviation giant Airbus, is to invest EUR 1 million in the PZL Okęcie...
China records strong copper imports in H1 2016; copper consumption to rise for another year
BEIJING: The first half of 2016 was a strong one for China’s copper imports, which are estimated to have reached...
Textile millers laud govt for imposing duty on yarn imports
KARACHI: Textile millers have lauded the government’s decision of imposing regulatory duty on cotton yarn imports to protect the local...
Japan factory contraction slows in July, export demand weakest since 2012
TOKYO: Japanese manufacturing activity shrank in July at a slower pace than the previous month but new export orders contracted...
SHC moved for release of oil tankers confiscated by Customs
KARACHI: The Sindh High Court has issued notices to a Customs Collector in a case filed by the owner of...
Vietnam’s textile exports increase by 6%
HANOI: At $ 12.8 billion, Vietnam's textile and garment exports increased by 6% in the first half of 2016, but...
Pak rupee gains value in interbank
KARACHI: The Pakistani rupee Friday strengthened against the dollar in interbank, but weakened in interbank. As per the local money...
Karachi, Lahore RTOs renamed as Corporate Regional Tax Offices
ISLAMABAD: The Federal Board of Revenue has renamed two Regional Tax Offices located at Karachi and Lahore with immediate effect....
Australia plans to double mango exports to U.S. in 2016-17
CANBERRA: While Australian mangoes only represent a tiny percentage of the U.S. market, the relative newcomer is set to expand...
BMW plans electric-car battery factory in Thailand
BANGKOK: German carmaker BMW Group is considering building a new plug-in hybrid vehicle battery factory in Thailand, the country's industry...
North Korea 2015 GDP notches sharpest fall in 8 years
SEOUL: North Korea's economy contracted in 2015 at the sharpest pace in eight years, an estimate from the Bank of...
Haroon assumes charge as Customs Second Secretary
ISLAMABAD: Haroon Waqar Malik, a Pakistan Customs Service office of BS-18, has assumed the charge of the post of Second...
Promotion to BS-19: Customs officers directed to complete PERs by 30th
ISLAMABAD: Federal Board of Revenue (FBR) has directed the Pakistan Customs Service officers of BS-18, who are in promotion zone,...
Customs officers of BS-17 directed to complete their PERs for promotion
ISLAMABAD: Federal Board of Revenue (FBR) has directed the Pakistan Customs Service officers of BS-17, who are in promotion zone,...
Iran May supply gas to Georgia
TEHRAN: Iran may soon begin to supply gas to Georgia. According to managing director of the National Iranian Gas Exports...
Basit Maqsood relinquishes charge as Customs Secretary
ISLAMABAD: Basit Maqsood Abbasi, a Pakistan Customs Service officer of BS-19, has relinquished the charge of the post of Secretary....
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