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Economy

$2 billion shortfall rings alarm
Balance of payments goes into deficit
EconomyArchive

EU finances quality of public service
$11.8 million-project to benefit four ministries
EconomyArchive

Safer factories
New conditions to obtain a license to build and operate industries
EconomyArchive

High drop in tourist flow
Lebanon posts sixth highest drop in tourist arrivals worldwide in 2011
EconomyArchive

Tripoli harbor improved
Tender for a BOT management contract for Tripoli Port to be launched soon
EconomyArchive

Municipal fund disbursed
Ministry of Interior sets out provisions of $320 million- municipal fund for 2010
EconomyArchive

Labor protocol to protect Filipino workers
Philippines ready to lift its six-year ban on the deployment of domestic workers to Lebanon after signing labor cooperation agreement
EconomyArchive

Hotels trail downhill trend
Occupancy rates at Beirut hotels dip to 57 percent throughout 2011
EconomyArchive

Trade deficit widens
Exports were almost unchanged, while imports grew by 12 percent y-o-y
EconomyArchive

Customs receipts down
Total customs collections contract for the first time in five years
EconomyArchive

Upgrading housing policies
Draft law proposes exemptions to allure investments into the construction of housing units under lease-to-own act
EconomyArchive

Cabinet raises salaries
Fourth draft decree raises minimum wage to $450 starting February
EconomyArchive

Promoting trade with Tunisia
Tripoli's Chamber of Commerce signs trade agreement with Tunisian city
EconomyArchive

Upward trend in tourism reversed
2011 brought downhill slide in activity with 24 percent drop in number of visitors
EconomyArchive

FDI flows slow
World Bank estimates Foreign Direct Investments at almost $4 billion in 2011
EconomyArchive

Inflation on the rise
Consumer Price Index shows y-o-y increases in prices except transportation
EconomyArchive

Real estate tumbles
Value of real estate sales in 2011 down by seven percent
EconomyArchive

Litani project kick-starts
Major irrigation project to be built by Kharafi group and two Turkish firms
EconomyArchive

Lebanese-Chinese Business Council launched
New association to promote business interaction between Lebanon and China
EconomyArchive

Helping South development
Italian Cooperation funds socio-economic development in the South
EconomyArchive
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