U.S. firms are interested in taking part in the privatization program in Lebanon, said Don DeMarino, chairman of the U.S.-Arab Chamber of Commerce. Mr....
The Bissat family lament the passsing of the days when citrus fruit was exported in large quantities from Lebanon. Trucks loaded with produce packed in the...
Lebanon’s two largest citrus-packing factories have decided to close because of strong foreign competition, the high cost of production and lack of government...
George Corm is discovering Lebanese politics the hard way. Only four months after flying in from Paris to head the most troublesome ministry in the country,...
Banks are not against a modest rise in corporate tax to help the government reduce the public debt, according to Makram Sader, general secretary of the...
There is no reason why Lebanon should not be as successful as Singapore. This was the theme set by Nasser Saidi, minister of economy, trade and industry, and...
Osama Habib Daily Star staff Marwan Ghandour is set to break disappointing news at Lebanon Invest’s general meeting in May. The chairman of the biggest...
Finance Minister George Corm said Saturday that the government would ask Parliament’s permission to borrow some $1 billion in treasury bonds to cover...
Mohammed Hout, chairman of Middle East Airlines, courted heads and representatives of Lebanon’s travel agencies on Monday, urging them to “wholeheartedly”...
The truth must be told even if plain speaking causes concern and trouble. The reality is that the current tax system must be amended to balance the budget. ...
A clear government budget aimed at cutting the deficit would induce the Central Bank to reduce interest rates, says Henry Azzam, chief economist and managing...
Value-added Tax is coming to Lebanon. The Ministry of Finance wants to introduce the tax and the International Monetary Fund is providing the expertise in...
Middle East Airlines’ management went on the offensive Wednesday after a call by the pilots syndicate to replace the airline’s board of directors. The war of...
Lebanese industrialists should start joint-venture projects with foreign companies to open new markets abroad, said Nasser Saidi, minister of economy, trade...
Privatizing part of the state-owned telephone company was on the government’s agenda, said Issam Naaman, minister of post and telecommunications. “We’re...
Samir Nasr is a believer in open and unrestricted free trade between Lebanon and the rest of the world. “It is now clearly established that protectionism...
Nasser Saidi, minister of economy, trade and industry, has spoken out again on the government’s hopes of cutting a big chunk of the public debt through...
A row has broken out between Middle East Airlines and KLM over the Dutch airline’s daily flights to Beirut. Mohammed Hout, chairman of MEA, Wednesday urged...
Lebanon will be obliged to impose a value-added tax as income from Customs duties falls over the next few years, the prime minister has announced. Addressing...
Adnan Kassar took a stern test soon after becoming the first Lebanese and Arab president of the International Chamber of Commerce. He went to Russia. Sitting...
George Corm has walked into a storm with his comments about Lebanon’s financial stature in the region. The minister of finance, who is known for his...
Finance Minister George Corm Thursday ruled out the return of Lebanon to its pre-war glory on the world’s financial map, insisting that this unrealistic...
A scheme to provide small businesses with capital at low interest rates is about to be implemented by the government. The Loan Guarantee Corporation is...
Middle East Airlines, which cut its losses to $62 million in 1998 from $87.4 million in 1997, faces another crucial test this year which could determine the...
Riad Salameh, governor of the Central Bank, has come out against raising income tax from its present level of 10 percent. “Adopting a low tax structure will...