The question which has perplexed the Lebanese for many years is how the government and the private sector can work together to achieve economic growth and...
The privatization of the state-owned telecoms network and Middle East Airlines will be the priorities in George Corm’s 2000 budget which will be debated in...
George Corm was all smiles on Friday when he broke the happy news to the Lebanese on the eve of the new millennium: “ I want to assure the people that the...
Industrialists and traders said on Tuesday that they were looking forward to a increase on import tariffs following the appointment of a new head of the...
In what could be a sign of better times to come for the economy, several supermarkets across the country have reported better holiday sales this year than...
The advertising industry has become the latest casualty of the economic slowdown in Lebanon. Many local companies, which have earned wide respect in the...
The crisis in the construction sector and continuing high interest rates were among the main reasons the Economic and Social Commission for Western Asia...
The total assets of commercial banks jumped by 11.73 percent, despite the economic recession and the fall in interest rates. According to the Central Bank,...
While politicians polish up their end of millennium messages to the people, one man has already delivered his critique on the state of the nation. David...
Banks and government agencies have taken all the necessary measures to confront the Y2K problem, Minister of Economy, Trade and Industry, Nasser Saidi said on...
The Ministry of Finance is sticking to its estimate that the budget deficit will end the year with only a 3 percent over-run. Encouraged by the November...
The Finance Bank is planning to expand its operations by raising between $15 million and $50 million through bond issues on the local market. “We are...
The US Treasury Department has recommended a series of tax measures and administrative reforms to reduce the budget deficit and boost revenues, , Finance...
Industrialists and traders who returned from Iraq this week are speaking of a sense of optimism and confidence that opportunities are opening up for greater...
Al-Mawarid Bank is on the right track, says a new rating released on Wednesday by Thomson BankWatch. The agency gave the bank an LC-2 rating for short-term...
Beirut is almost as expensive as New York, according to a survey by the United Nations on the cost of living in 183 cities around the world. The study, which...
No private company in its right mind would be interested in buying a state-owned institution which is suffering from over-staffing, said a senior Finance...
Finance Minister George Corm is advising the Central Bank not to get carried away with the sale of two-year T-bills because it would increase the burden on...
A merger between Allied Business Bank and several other medium-size banks is more than a dream for Habib Abu Fadil, managing director of ABB. This is...
Metropolitan Bank has been taken over by the international bank Standard Chartered in a deal worth $25 million. The contract was signed in London on Monday...
Osama Habib Daily Star staff Middle East Airlines will receive a welcome boost next year when its maintenance and engineering department starts carrying out...
“Credit ratings on banks in Lebanon continue to suffer from the economic risk of their fragile economic environment,” Standard & Poor’s said in a report...
We all know it, but the minister of state for administrative reform has now made it “official:” Corruption has given Lebanon a negative image abroad and is...
Lebanon’s public debt is expected to rise to $22 billion this year, representing 130 percent of gross domestic product, according to the Association of Banks...
Concern over the implications of the draft advertising law were on many minds during a discussion between leading advertisers and Nasser Qandil, head of the...