Denmark’s economy advances 0.7 % in 1Q
COPENHAGEN: The Danish economy advanced 0.7 percent on quarter in the first three months of 2016, rebounding from a revised...
Irish govt imposes 10% sugar tax
DUBLIN: A sugar tax of 10 cent on cans of soft drink will increase the average household’s annual grocery bill...
Malaysian cardiologist charged for alleged tax evasion
KUALA LUMPUR: A cardiologist was charged in the Magistrate’s Court here on Monday for alleged tax evasion. The charge arises...
MSM Malaysia aims to grow imports
KUALA LUMPUR: MSM Malaysia Holdings Bhd, which controls a 60 per cent share of the sugar market in Malaysia, is...
Malaysian customs seize 47 smuggled cars worth RM1.3m
KUALA LUMPUR: The Customs Department seized 47 smuggled cars worth about RM1.3 million from June until August this year. Its...
Janashakthi records profit growth Rs 630m for six months
COLOMBO: Janashakthi Insurance PLC (Janashakthi) posted a consolidated Profit After Tax (PAT) of Rs. 630 million for the six months...
Sri lankan bank MBSL profit grows in 1H
COLOMBO: Merchant Bank of Sri Lanka & Finance PLC (“MBSL” or “the Company”)continued to demonstrate strong turnaround in performance, generating...
China’s July soybean imports fall 18% on year ago
BEIJING: China imported 7.76 million tonnes of soybeans in July, an 18 percent drop from a year ago, after larger...
Nigeria spends $700 mln on fish imports annually
ABUJA: The Federal Government said a whooping $700m is spent on annual importation of fish in terms of foreign exchange....
Construction materials top Mombasa port’s import list
KENYA: The port of Mombasa has recorded an increase in the number of imported construction materials, a report shows. The...
Belekeri port case falls flat
LONDON: Lokayukta's sensational report on illegal export of iron ore from Belekeri port putting 24 officers including two captains of...
Ports of Auckland to go ahead with automation plan
WASHINGTON: Ports of Auckland will go ahead with plans to partially automate its container terminal, which it expects will cut...
Cebu port cuts 7-month revenue shortfall to P540M
WASHINGTON: The Cebu Port has cut by 4.5 percent or P540 million its revenue shortfall in the first seven months...
China to set up modern manufacturing plants in M-3 Industrial Estate
FAISALABAD: The members of Faisalabad Chamber of Commerce and Industry (FCCI), who visited China along with Chief Minister Punjab Shahbaz...
Turkish Airline offers discounted package to businessmen
ISLAMABAD: The Turkish Airline has signed a Memorandum of Understanding with Islamabad Chamber of Commerce and Industry (ICCI) to offer...
Quetta ASO seizes drugs, heavy bikes’ engine worth Rs 21m
KARACHI: Quetta Customs Collectorate has seized non-duty paid engine of heavy bikes and drugs during two successful raids. According to...
Larkana E&T recovers 21kg heroin from truck, arrests two suspects
KARACHI: The Larkana Excise and Taxation Department has recovered 21kg heroin and arrested two accused. According to an official statement,...
FBR making Sales Tax Electronic System more active: Chairman Nisar
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Nisar Muhammad Khan has said that the Sales Tax Electronic System is being...
Sugar traders directed to charge 8% sales tax from ‘unregistered’ customers
KARACHI: In bid to identify new taxpayers, Federal Board of Revenue (FBR) has directed the traders linked to sugar business...
FBR to address foreign investors’ concerns
ISLAMABAD: Federal Board of Revenue (FBR) has decided to consider the proposals of Overseas Investors Chamber of Commerce and Industry...
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