The Takoradi Local Office of the Support Service Division of the Ghana Revenue Agency (GRA), formerly known as VAT Service, has announced plans to commerce strict enforcement of its regulations.
The exercise would focus on auditing a…
Traditional fishermen in coastal hamlets in south Indian state Kerala have come up with demand that fishing vessels with Chinese engines should be banned in Indian waters.
They said fishing activity by boats using high horse-power Ch…
A senior Kenyan official said on Tuesday a solution to the perennial food insecurity in the East African region lies in infusing innovations in science and technology into agriculture, fish farming, livestock and dairy production to enhanc…
A new Israeli study claims it is possible to lessen, and even possibly avoid the rigors and pains of old age -- all by regular exercise.
Details of the study, conducted at Tel Aviv University's (TAU) Sackler School of Medicine, were r…
Poland will take part in the euro zone stability mechanism but for the time being will not make financial contribution to the mechanism, Finance Minister Jacek Rostowski said on Tuesday
"Each aid package would be examined separately an…
The Indian government on Tuesday said it is at an "advanced stage" of inking tax information exchange treaties with some countries, a move that will help speed up its efforts to trace black money stashed in foreign banks and help check tax…
The management of Ghana Revenue Authority (GRA) has introduced Exchange of Information (EOI) for taxation as a key block to economic development.
Mr George Blankson, Commissioner General of GRA said the EOI would facilitate sound and…
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, rose 2.92 points to close at 1,007.72 points from 1,004.80 points.
The year-to-date now stands at 0.77 per cent.
The GSE-Financ…
Professor Ernest E. Uwazie of the Centre for African Peace and Conflict Resolution, on Tuesday said Ghana was uniquely positioned to avoid the mistakes that led to the Niger Delta crisis.
He said for Ghana to avoid the Niger Delta exp…
The Left parties in the southern Indian state of Kerala and their youth and trade union outfits have come out strongly against the recent petrol price hike in the country.
While activists of Communist party of India(Marxist) youth w…
For the residents of Qingyanliu Village, Yiwu City, in east China's Zhejiang Province, work begins at dusk. As afternoon creeps into evening, delivery company trucks and vans pull up outside each house and start loading the thousands of pa…
China's supreme auditor announced Monday that 95 people were arrested, prosecuted or sentenced last year for embezzling public funds in 2009.
The actions resulted from a National Audit Office investigation into the central budget impl…
Singapore employees are set to have a better time as local bosses are tipped to dish out the biggest bonuses in Asia this year.
They can expect a median bonus equivalent to about 17 percent of their annual base pay, or roughly two mont…
China said on Monday it will adhere to the win-win strategy of opening-up and work with the international community to contribute to the overall recovery of the world economy.
President Hu Jintao made the commitment in his written inte…
While Yang Fugang, breadwinner of an average Beijing family, is complaining about prices rising on almost everything, Zhu Yong, a worker at Xiamen International Airport, actually feels a lot of things are becoming cheaper.
"Now I can b…
Nii Amasah Namoale, Deputy Minister of Food and
Agriculture, has denied that he was late for a meeting with fishermen in the Volta Region at Ho last Tuesday January 11, as reported by GNA.
Speaking to the GNA in Accra on Monday Nii Nam…
Two public officials in Africa have been elected to co-chair the Board of the African Network for Drugs and Diagnostics Innovation (ANDI).
The officials are the Minister of Public Health and Sanitation in Kenya, Mrs Beth Mugo, and Mi…
A Bolgatanga High Court presided over by Mr Paul
Richardson has remanded Mamudu Ndekudugu, 35, for robbing two people of their motor bikes and other belongings at Dabia near Pusiga in the Upper East Region after which he went into hiding…
Mr Samuel Ofosu-Ampofo, out-going Eastern Regional Minister, on Monday pleaded with chiefs to readily release lands for Government development projects in their areas.
He noted that Government projects such as afforestation and block…
Rotary International under its Gift of Life
International (GOLI) Project on Monday promised to support two children with hole-in-heart to undergo surgery in the United States.
The children are Emmanuel Yen and Emmanuela Tuadikro.
…
The case in which Adamu Daramani, Member of
Parliament (MP) for Bawku Central is being tried for triple nationality was on Monday adjourned to January 25.
This was because Mr Rexford Wiredu, a Principal State Attorney, was indispos…
Chief Executive Officer of Komfo Anokye Teaching
Hospital (KATH), has appealed to staff of the hospital to take advantage of the facilityResearch Fund to conduct research relevant to improve clinical care and influence policy.
Profe…
Junior Achievers Trust International (JATI), a
non-governmental organisation (NGO) in partnership with the Management of Tullow
Oil Ghana on Friday presented 20,000 textbooks on entrepreneurial skills to Senior High Schools (SHS) in th…
Dana Petroleum, Operator of the Cormoran-1 exploration well in Mauritania, has disclosed that the Cormoran-1 exploration well has been drilled to a total depth of 4,695 metres below sea level.
The venture in which Tullow Oil plc is a…
Shama Community Cooperative Credit Union (SHACCU) on Saturday declared a profit of GC 7,004 for 2010.
Mr. Joseph Arthur, Chairman of the Credit Union, announced this at SHACCU’s 3rd Annual General Meeting at Shama.
He said in 2…
The Association of Oil Marketing Companies (AOMCs) at the weekend revealed that the recent upward adjustment of prices of petroleum products had saved the Oil Marketing Companies (OMCs) from financial dehydration.
In an interview wit…
British Petroleum (BP)signed an agreement with Russia's state-controlled oil producer Rosneft on Friday evening, under which BP will swap 5 percent of its stock, valued at 7.8 billion U.S. dollars, for 9.5 percent of Rosneft.
The agree…
Property taxes, seen as a silver bullet to curb excessive growth in China's housing prices, triggered an intense debate among economists and industry analysts recently, with some saying it may not help tame soaring prices but rather, incre…
The Eurozone trade balance with the rest of the world fell into deficit in November last year as imports rose more than exports, the European Union
(EU)'s statistics office Eurostat said on Friday.
In November, the eurozone external t…
The Ministry of Finance (MOF) and the Ministry of Civil Affairs Friday allocated 45 million yuan (6.83 million U.S. dollars) to help fight icy weather in southern China.
Areas to receive the relief funds include Guizhou Province, Hunan…
China is expected to become the United States' largest trading partner in about 10 years and their economic ties are bringing "huge benefits" to Americans, U.S. Treasury Secretary Timothy Geithner said Friday.
"It's very important to u…
Forty volunteers of the District Accountability Project in Asutifi and Tano South Districts of the Brong Ahafo Region, have benefited from a project to enhance their competence to hold their district assemblies responsible.
The pro…
Mrs Esther Amba Numaba Cobbah, Chief Executive Officer (CEO) of Strategic Communication, has noted that conflicts related to natural resources were too frequent especially in some parts of Africa.
She attributed the problem to the te…
The Biriwa Landing Beach Committee has realized GHC 167,48 from the sale of premix fuel in 16 months to support development project.
The Landing Beach Committees were inaugurated in August 2009 along the coastal towns and the Volta La…
Singapore government is expected to have record revenues of nearly 50 billion Singapore dollars (38. 8 billion U.S. dollars) for 2010, local daily The Straits Times said Thursday.
The buoyant economy last year boosted tax collections, …
The Indian government is stepping up efforts to curb soaring food inflation, which touched 18.32 percent for the week ending on Dec. 25 last year
from 14.4 percent in the previous week.
The price of onion, which is indispensable for m…
South Korea will respond sternly against price instability factors as the country is expected to
face unfavorable inflation conditions this year, the nation's top economic policymaker said Thursday.
Finance Minister Yoon Jeung-hyun sa…
J.P. Morgan Chase & Co. (J.P. Morgan) will finish preparatory work for its recently-authorized Chinese securities joint venture in the second quarter,Shao Zili, chairman of the company's greater-China area operations, said Thursday.
J.…
Australia's Qantas Airways Ltd on Friday said it is seeking joint-venture with American Airlines on trans-Pacific services, as it prepares to start flights to Dallas/ Fort Worth and dump direct services to San Francisco.
Qantas said Da…
Chinese listed companies raised 1.02 trillion yuan (154.8 billion U.S. dollars) of funds through their financing activities in the A-share stock markets last year, the China Securities Regulatory Commission (CSRC) said Friday.
Accordin…
Vietnam targets to earn 13 billion U. S. dollars from garment, textile export this year, said Vietnam National Textile and Apparel Association (VITAS) on Friday.
Last year, Vietnam pocketed nearly 11.2 billion U.S. dollars from garment…
As one of the largest recipients of global portfolio investments, Indonesia has to be extra vigilant of signs that could lead to a rapid reversal of foreign funds from the country's debt and equity markets, the Jakarta Post quoted a World …
Indian headline inflation rebounded to 8.43 percent in December from 7.48 percent in the previous month due to pricier vegetables and fruits, said a statement by the Ministry of Commerce and Industry on Friday.
The reversal of food pri…
Noble Mineral Resources Limited (NMG), a mining company in Ghana, on Friday announced that drilling along a stretch of satellite deposits at its Bibiani Gold Project had revealed high-grade gold deposits.
The company, which focuses o…
The World Bank has projected that Ghana would be the fastest growing economy in Sub-Saharan Africa, with growth rate of 13.4 per cent in 2011, dropping to 10 per cent in 2012.
Launching the Bank’s global economic prospects report vi…
Finance Minister Dr Kwabena Duffuor on Wednesday attributed the continuous decline in the rate of inflation to prudent management of the economy.
Inflation rate for December fell to 8.58 from 9.08 in November 2010.
“The steady …
Dr Anthony Akoto Osei, New Patriotic Party (NPP) Member of Parliament for Old Tafo, on Wednesday said the total stock of arrears by the end of 2010 was about GH¢4.6 billion.
This includes the arrears for 2009 which was GH¢1.4 billion…
The Committee for Joint Action (CJA), a political pressure group on Wednesday condemned the National Democratic Congress (NDC) Government for the increase in prices of petroleum products.
It said “Government is using the same tired e…
The GSE-Composite Index (GSE-CI), the benchmark measure of performance of the Ghana Stock Exchange, dipped for the first time in five sessions, going down 5.76 points to 998.37 points from 1,004.15 points for a year-to-date return of -0.16…
The public consultation on building a third runway of the Hong Kong International Airport is expected to start in the first half of this year, an official of the Hong Kong Special Administrative Region government said Wednesday.
Secret…
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