Payments via WeChat to hit over $500b

BEIJING: China Mobile said yesterday that its net profit slipped 0.6 percent last year as smaller rivals gained ground in...

Telco’s 2015 profit falls to $16.7b

BEIJING: China Mobile said yesterday that its net profit slipped 0.6 percent last year as smaller rivals gained ground in...

Ministry of Textile working on comprehensive strategy to double textile exports

FAISALABAD. Textile is the backbone of national economy and on the specific directive of Prime Minister Nawaz Sharif, Ministry of...

Dar chairs meeting to review financial matters of PIA

ISLAMABAD: Federal Finance Minister, Ishaq Dar chaired a meeting at the Ministry of Finance to review financial matters of Pakistan...

Belgium Embassy mulling to bring Trade Mission to Pakistan‏

ISLAMABAD: Frederic Verheyden, Ambassador of the Kindgom of Belgium said that his Embassy was mulling over the prospects to bring...

Kenyan envoy for raising trade volume in between US$1 to US$2b

KARACHI: High Commissioner of Republic of Kenya, Professor Julius Kibet Bitok has said that trade volume between Pakistan and Kenya...

Sialkot Excise plans to impound token tax defaulter vehicles

SIALKOT: The Excise and Taxation Department has launched crackdown against token tax defaulter and unregistered vehicles in the region. Excise...

Bahrain inflation rises to 2.9% in Feb

LONDON: Bahrain's statistics office released the following February consumer price data on Monday, showing inflation at its highest level sine...

Brazil’s 2016 inflation forecast cut to 7.43%

BRASILIA: Inflation expectations for end-2016 in Brazil fell for the second straight week but remained above the top end of...

Placer County unemployment rate at 4.6%

WASHINGTON: Placer County was the regional leader in employment in February. The county’s 4.6 percent jobless rate was the lowest...

Unemployment rate in Thailand low compared to other countries

BANGKOK: The government has been helping the unemployed increase their job opportunities via a skills training program. During, the first...

Ukraine’s international reserves 0.4% up in Feb

KIEV: Ukraine's international reserves in February 2016 increased by $47.91 million or 0.4% and reached $13.49 billion as of March...

VN shares to rise on higher investor confidence

HANOI: Vietnamese shares may rise this week, as investor confidence has improved following positive macroeconomic news, Sài Gòn-Hà Nội Securities...

Poland says wants to boost gas link with Ukraine

WARSAW: Poland wants to boost its border gas link with Ukraine, significantly expanding the current 1.5 bcm (billion cubic metres)...

BP Oman’s gas project to start production by 2017

MUSCAT: BP Oman said that construction work of its Khazzan natural gas project is now 65 per cent complete and...

Bangladesh doubles investment ceiling for foreigners seeking citizenship

DHAKA: Bangladesh has said the foreigners, who want to avail citizenship here, will have to invest a total of US$1...

Nepal -China ink transit, transport agreement

KATHMANDU: Nepal and China on Monday signed important agreements including on transit and transport. The agreements have been signed during...

Govt likely to miss revenue collection target

KATHMANDU: The government is unlikely to meet its revenue collection target for this fiscal year as the revenue shortfall amount...

Dubai Customs organizes awareness workshops on IPR for cruise tourists