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Tag Archives: recovery

Jordan to develop its 1st landfill gas to energy recovery system worth of $13m

AMMAN: Jordan’s Greater Amman Municipality will use a US$13 million loan from the European Bank for Reconstruction and Development (EBRD) to develop the country’s first landfill gas-to-energy recovery system. The EBRD is co-financing the loan with US$5 million from the Bank’s Green Energy Special Fund (GESF). The main donor to the GESF is the Taiwanese International Cooperation and Development Fund ... Read More »

Polish Banks mortgage recovery increase by 6.3% in April 2015

WARSAW: Demand for mortgage loans in the Polish banking sector increased in May by 6.3% year on year, while demand for consumer loans rose by 9.0% y/y, Poland’s credit information bureau BIK said. The BIK index reflects a y/y change in the value of loans concerning which banks and savings & loan institutions (SKOK) approach BIK with inquiries. Read More »

Thailand economy remains sluggish as private consumption continues to fall

BANGKOK: Thailand’s economy remained sluggish as private consumption continued to fall although tourist arrivals grew further, the monthly report from the Bank of Thailand showed. Thailand’s economy grew 0.7% in 2014 and the Bank of Thailand projected 2015 growth at 3.8% — a downward revision from its previous estimate of 4.0% due to lower China expansion as well as slower-than-expected ... Read More »

South Korea sets tax relief strategy for economic recovery

SEOUL: The South Korean Government has approved a plan on the value of tax expenditures for 2015, with proposals to largely retain existing tax breaks that support the country’s fragile economic recovery, despite the Government’s need for significantly more tax revenue. An annual tax expenditure target of KRW33.1 trillion (USD29.95bn) this year is on a par with the KRW33 trillion ... Read More »

KSE on recourse to recovery after meltdown; gains 106pts, 0.35% to rise to 30982pts

KARACHI: Stocks, day after sinking deeper and deeper due to terrorists attack on Army Public School in Peshawar, went on recourse to recovery and went up 106.68 percent or 0.35 percent to climb up to 30982.96 till midday on Wednesday amid national mourning for martyred schoolchildren. The Karachi Stock exchange crashed down on Tuesday with the KSE-100 index plummet 813.82 ... Read More »

R&D Section of Appraisement-East recovers Rs 24.46m

KARACHI: The Research and Development (R&D) Section of the Model Customs Collectorate of Appraisement (East) has recovered Rs 24.46 million from 22 cases in August, 2014. According to details, the R&D Section has made the recovery of Rs 3,676,281 on the commodity (perfumery items) against the charge of mis-declaration of value and PCT. It has recovered an amount of Rs ... Read More »

Multan tops Punjab in property, other taxes recovery

Multan: The Excise and Taxation Department Multan division has doubled its recovery and revenue generation over the past two years as the total recovery for the financial year 2013-14 stands at over Rs1.60 billion compared to Rs880 million recovered in 2011-12. This was disclosed by Director Excise and Taxation Multan Jam Siraj Ahmad while talking to the journalists here. He ... Read More »