George Corm was in no mood to compromise on taxes. The message was delivered clearly Thursday by the minister of finance to professional syndicates in...
A row is brewing over an announcement by the National News Agency on Wednesday that a new board of directors for Beirut Stock Exchange (BSE) had replaced the...
The task of reducing Lebanon’s public debt is awesome but not impossible, according to Fitch IBCA, the rating agency. Announcing a reduction in the local...
Lebanese banks were urged on Thursday to extend soft loans to small businesses, as in the case of Bangladesh and other developing countries. “It has been...
Fransabank became the second Lebanese bank to give $1 million to help rebuild the power grids and bridges destroyed by Israel’s air raids Thursday. By...
Mershid Baaklini was at loggerheads with the management of Societe des Ciments Libanais for a second time Monday. At an extraordinary general meeting of...
Riad Salameh gave an upbeat picture of Lebanon’s economic future to 26 Francophone central bank governors despite a night of air strikes on the country. “The...
The sounds of Israeli bombs and rockets reverberating across Beirut failed to spoil the mood of Central Bank governors of Francophone countries who were at...
Mounting debt-servicing and a drop in revenues increased the budget deficit in the first five months of this year to 43.56 percent from 40.51 percent in the...
Mohammed Abdel-Hamid Beydoun, the Tyre MP, stepped up his campaign Wednesday to try to force the government to investigate the cement producers. He said that...
Mohammed Abdel-Hamid Beydoun, a Tyre MP, is calling on the government to open the files of cement companies to check if they are paying sufficient taxes. He...
The Central Bank is urging commercial banks to form “zero hour teams” to tackle the Y2K bug problem. “The millennium bug is a very serious problem that could...
Beirut stock exchange is to introduce a new trading method, replacing the present once-a-day fixing by a system of continuous dealing. The change, which has...
A promise to open the Rene Mouawad Airport in Qleiaat for charter flights this summer was greeted with a mixture of caution and enthusiam by the people of...
Corruption, embezzlement, forgery and nepotism in public office all exacerbate the public deficit, said Khalil Hrawi, head of the parliamentary Budget and...
President Emile Lahoud has given his LL12,379,33 salary for May to the special fund set up for members of the public to contribute to the state coffers. ...
Exhibitors at Tripoli International Trade Fair unpacked their assorted products and placed them neatly on tables and shelves before the arrival of Nasser...
The increase in cellular phone rates may affect the revenues of Cellis this year, a company official warned Monday. Cellis, which reported a net profit of...
Adnan Kassar made a tempting offer to the Lebanese government: “Use my position as the president of the International Chamber of Commerce to attract the...
The European Union is looking into the possibility of allocating more donations to Lebanon to help the government overcome its fiscal problems. Tomas Dupla...
Facts and figures speak for themselves. This seems to be the motto of Mohammed Hout, chairman of MEA. After announcing a 51.7 percent cut in losses in 1998...
A strong objection by Morshed Baaklini, a significant minority shareholder, did not prevent the general assembly of Societe des Ciments Libanais from...
Mohammed Hout gave a highly spirited performance Thursday in defense of his business plan for the national carrier. He claimed that it was thanks to his...
A delay in the transfer of money from the Ministry of Posts and Telecommunications slowed George Corm’s drive to reduce the public deficit in...
The country’s biggest bank merger was thrown into doubt Monday when Francois Bassil, chairman of Byblos Bank, said he was giving the management of Banque...