Investing.com -- Russia’s service sector contracted for the second consecutive month in April, with the S&P Global Russia Services PMI Business Activity Index registering 49.7, up slightly from 49.5 ...

Russia's services sector contracted for a second straight month in April as weak ​client demand led to declines in output ...

Nissan is merging its two Sunderland production lines, potentially paving the way for Chery to make use of spare capacity ...

The product was offered at 685–690 euros ($804) per ton at the Ukraine-Romania border, with additional offers sent to Poland ...

Sen. Imee Marcos called for the immediate amendment of the Electric Power Industry Reform (Epira) law to stop the exorbitant ...

MANILA, Philippines — Sen. Risa Hontiveros on Monday filed a bill that seeks to remove the value-added tax (VAT) on systems ...

Senator Risa Hontiveros on Monday filed a bill seeking to remove the value-added tax (VAT) on systems loss charges that are currently being passed on to consumers through their monthly electricity ...

Russia's manufacturing sector contracted for the 11th month running in April as output and new orders fell ​again and ...

Senator Risa Hontiveros has filed a bill seeking to remove VAT on system loss charges, adding momentum to wider legislative ...

According to the company’s latest financial disclosure, revenue dropped by 13% year-on-year to Tk1,786 crore in the third quarter, while net profit plunged by 29% to Tk279.60 crore.

Koshy Mathai is the IMF’s Resident Representative in Sri Lanka. Opinions expressed in articles and other materials are those of the authors; they do not necessarily reflect IMF policy.

In many states, items that are sold by the unorganized sector in natural or unprocessed format and basic goods for the poor are listed under the VAT exempted category. Some of the items that may be ...