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Economy

Hotels' activity improves despite tourist scarcity
Occupancy in Beirut at 65 percent in first half, rooms’ yield up by 20 percent y-o-y
EconomyArchive

ICT firms to get boost
with ‘Digital City’ plan
Telecoms Ministry plans ICT hubs, calls on interested developers to apply for license
EconomyArchive

GDP growth at five
percent in 2011
Economic growth higher than world
average, above IMF forecast: ABL
EconomyArchive

Industrialists offer to
build power stations
Sabounjian welcomes initiative,
said he will refer it to Cabinet
EconomyArchive

EDL workers end sit-in
as deal is reached
Contract workers to join private firms for a year until a law for their full-time employment is passed
EconomyArchive

State eyes new taxes to offset public salary raise
Upgrading public sector salaries will cost
Treasury an extra $1 billion each year
EconomyArchive

VAT receipts from
imports rise in first half
Customs administration collects $763 million
in VAT, $762 million in customs fees
EconomyArchive

Exporters call for ferry
link to the Gulf and Egypt
Industrial export losses exceed $1.5 million
due to troubled overland transport route
EconomyArchive

Income tax on industrial exports cut in half
Draft law exempting exports from 50 percent
of income tax passes parliamentary committee
EconomyArchive

EDL workers' sit-in to linger
No breakthrough in EDL standoff,
company warns of country-wide blackout
EconomyArchive

Real estate sales volume up
Number of sales transactions declines
by eight percent in first half of year
EconomyArchive

Agricultural exports
take sea route
Hajj Hassan in talks with maritime shipping agents to facilitate transport of goods
EconomyArchive

$404 million in investment guarantees since 2007
Dhaman: Lebanon is the fourth highest source
of guarantees in region over past five years
EconomyArchive

Tourist numbers fall 7.8
percent in first half of year
Bookings for Fitr break promising, luxury
retail sees 50-70% drop in business
EconomyArchive

$250-million plan to
renovate prisons agreed
Cabinet decides to issue new
foreign currency debt notes
EconomyArchive

Foreign trade maintains
strong performance
Imports up by 18 percent, exports by
three percent over first half of 2012
EconomyArchive

Tourist helpdesk
set up at Masnaa
Abboud: to provide Syrian visitors with good quality services at a fair price
EconomyArchive

Inflation rises two
percent y-o-y
Food prices went up six percent,
alcohol and tobacco up by 11 percent
EconomyArchive

Border lockdown
threatens exports
Howayek calls on Cabinet to lease ferries
to transfer trucks to Egypt and Jordan
EconomyArchive

Heated debate awaits budget: Bifani
Among its downsides was excluding
the salary scale and tax reforms
EconomyArchive
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