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Tag Archives: 1999

South Korea inflation eases in December, central bank warns on price, policy link

SEOUL: South Korea reported its lowest inflation in more than 15 years, which could reinforce expectations for an interest rate cut early in 2015 though the central bank governor seems to feel there’s no hurry for one. December’s consumer price index rose 0.8 percent from a year earlier. The increase was the smallest since September 1999’s 0.8 percent annual rate and matched ... Read More »

NAB recovers Rs19.5m from Sun City housing developer

ISLAMABAD: The National Accountability Bureau (NAB) has recovered Rs19.5 million from the management of a Rawalpindi-based housing developer for allegedly cheating their customers. According to sources, Sun City Pakistan CEO Syed Ali Murtaza had submitted a Rs30 million Voluntary Return application under Section 25 (a) of the National Accountability Ordinance, 1999 to the NAB which was accepted and the accused ... Read More »