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Lebanon stays on U.S. piracy Watch List
The Office of the United States Trade Representative (USTR) maintained Lebanon on the Watch List for piracy of intellectual property, along with 25 other countries and jurisdictions.
dailystar.com.lb | 17-May-2012 12:10

AUB to cooperate with industries on research
An agreement on cooperation in industrial research between the industrial sector and the American University in Beirut was signed Wednesday.
dailystar.com.lb | 17-May-2012 11:55

Transport unions still committed to strike
Lebanon’s transport unions reconfirmed Wednesday a strike scheduled for May 24, reiterating demands for price ceilings on gasoline and diesel.
dailystar.com.lb | 17-May-2012 11:40

Employment cost on the upswing from last year
Salaries, wages and related benefits payments which mainly include the cost of basic salaries, indemnities and allowances, increased by LL464 billion.
dailystar.com.lb | 17-May-2012 11:25

Lebanon borrowing costs near record low
Lebanon’s borrowing costs dropped to close to a record low as investors dismiss the effect of Syria’s crisis on banks in the most indebted Arab nation.
dailystar.com.lb | 17-May-2012 11:10

EDL workers’ strike can exacerbate power crisis
Contract and part-time workers with state-run EDL escalated protests Wednesday in a step that could lead to a nationwide electricity crisis.
dailystar.com.lb | 17-May-2012 10:55

Contract workers’ strike undermines EDL operations
The open-ended strike of EDL contract workers will gravelly affect the operations of the company if this problem is not solved soon, the head of EDL’s employee union told The Daily Star.
dailystar.com.lb | 16-May-2012 00:12

U.S. citizens’ bank accounts in Lebanon laid bare
Under what many bankers around the world consider an intrusive new set of regulations resulting from a recent international agreement with the United States.
dailystar.com.lb | 15-May-2012 23:57

Saham to acquire majority of Bank Audi’s insurance firm
Bank Audi has reached an agreement to sell most of its stake in LIA Insurance company to a major Moroccan financial company, a statement by the bank said Tuesday.
dailystar.com.lb | 15-May-2012 23:42

Lebanon to provide 15,000 affordable PC tablets to students through Central Bank program
Lebanon intends to provide 15,000 reduced-cost tablet PCs to public school students soon, ministers launching the initiative said Tuesday.
dailystar.com.lb | 15-May-2012 23:27

Economy Ministry, bakers in row over bread price
The Economy Ministry and the Bakeries Association exchanged accusations Monday over the price of Arabic bread as bakers began offering two different weights of bread to consumers.
dailystar.com.lb | 15-May-2012 12:10

Salameh: New banknotes helped boost currency
New banknotes with modern security features helped the Lebanese pound regain value, Central Bank Governor Riad Salameh said Monday.
dailystar.com.lb | 15-May-2012 11:55

Sabounjian: Cabinet must halt economic decline
Lebanon has entered into an economic recession, Industry Minister Vreij Sabounjian said Monday, warning of worsening economic conditions if the government fails to take action.
dailystar.com.lb | 15-May-2012 11:40

Bad weather, expensive fertilizers wreak havoc on potato farmers
Akkar potato farmers suffered a serious blow this season after losing one third of their crops due to bad weather conditions, the local farmers association said Monday.
dailystar.com.lb | 15-May-2012 11:25

EDL contract workers demand security
Electricite du Liban contract and part-time workers held a protest in the capital Monday demanding permanent employment with full benefits.
dailystar.com.lb | 15-May-2012 11:10

EDL contract workers strike for seventh day
Several contract workers held a strike Saturday for the seventh consecutive day, demanding full-time employment by Electricite Du Liban in south Lebanon.
dailystar.com.lb | 14-May-2012 12:02

Tapping of oil reserves 5 years off: Bassil
Lebanon’s tapping of oil reserves is about five years away despite the progress made over the last two years, said Water and Energy Minister Gebran Bassil Saturday.
dailystar.com.lb | 14-May-2012 11:47

Torbey: Lebanon bank deposits set to grow by at least 8 percent
Deposits in Lebanese banks are set to grow by no less than 8 percent, head of the Lebanese Banks Association Joseph Torbey said over the weekend.
dailystar.com.lb | 14-May-2012 11:32

EDL contract workers strike for 7th consecutive day
Several contract workers hold a strike for the seventh successive day demanding full-time employment by Electricite Du Liban in south Lebanon.
dailystar.com.lb | 13-May-2012 00:08

Industrialists association rejects NSSF subscription hike
The Lebanese Industrialists Association vehemently rejected any attempt by the NSSF and the government to force the private sector to raise the subscription fees.
dailystar.com.lb | 12-May-2012 12:11

Lebanese banks cut government debt exposure
Lebanon’s banks are attracting more deposits and reducing exposure to government debt, Central Bank Governor Riad Salameh said.
dailystar.com.lb | 12-May-2012 11:56

Bakeries reach new agreement on price of flour
The Bakeries Association scrapped plans for a strike after a deal brokered by the Economy Ministry managed to bring prices of wheat flour down.
dailystar.com.lb | 12-May-2012 11:41

Mikati: Partnerships can boost economy
PM Mikati said the government is putting finishing touches on a public-private partnership draft law, expecting the law to boost infrastructure investments and help bring an end to Lebanon’s electricity woes.
dailystar.com.lb | 12-May-2012 11:26

Alfa looks to attract young voice/SMS users
Local mobile operator Alfa launched a prepaid plan offering up to 72 percent discounts to users aged 14 to 24.
dailystar.com.lb | 11-May-2012 12:09

Bakers still threatening strike unless prices cut
The Bakeries Association said it would call for strikes again if the government failed to force mills to slash the price of flour.
dailystar.com.lb | 11-May-2012 11:54

Mikati touts solid economic performance
Prime Minister Najib Mikati said Thursday Lebanon’s real GDP growth exceeded 5 percent in 2011 and is continuing to increase in 2012.
dailystar.com.lb | 11-May-2012 11:39

US cautions Lebanese banks on Syria: Treasury
The US is urging Lebanese banks to take "extra" caution in handling financial transactions with Syria, to prevent the Assad regime and its supporters from stashing money abroad.
dailystar.com.lb | 11-May-2012 00:07

Mikati says Lebanon's real GDP growth on the rise
PM Mikati says Lebanon’s real GDP growth exceeded 5 percent in 2011 and is continuing to increase in 2012, despite regional unrest, and calls for a national effort to protect the country from current challenges.
dailystar.com.lb | 10-May-2012 23:52

Waterfront City to create 10,000 jobs
Leading real estate developer Waterfront City announced a $1.8 million corporate social responsibility initiative targeting non-governmental organizations.
dailystar.com.lb | 10-May-2012 12:13

IMF: Lebanon not working to cut debt
Lebanon has not made much-needed efforts to reduce the country’s debt after a significant drop in economic growth, the deputy managing director of the IMF Nemat Shafik said Wednesday.
dailystar.com.lb | 10-May-2012 11:58

Private hospitals agree to resume treating NSSF patients
Private hospitals will resume providing health care to NSSF patients after Lebanon’s biggest insurer agreed to triple the hospitalization cost for overnight stay in return for hiking a cap on subscription fees.
dailystar.com.lb | 10-May-2012 00:08

EDL contractual workers block major highway
Electricite du Liban’s contractual workers and bill collectors blocked roads Wednesday and prevented EDL staff from entering the building.
dailystar.com.lb | 09-May-2012 23:53

Safadi: Passing overspending bill essential to Army's work
Finance Minister Mohammad Safadi warned Wednesday that if the Cabinet fails to authorize LL8.9 trillion in overspending, the Lebanese Army’s work, which is vital to the country's security, might grind to a halt.
dailystar.com.lb | 09-May-2012 23:38

Jreissati: NSSF agrees to increase fees, hospitals end strike
Labor Minister Salim Jreissati announced Wednesday that the National Social Security Fund approved the increase in hospitalization fees recommended by the Cabinet, thereby ending a strike by private hospitals.
dailystar.com.lb | 09-May-2012 12:08

Gasoline price falls by LL1,000
The price of gasoline continued falling Wednesday with the sharpest decline this year, LL1,000, while the prices of diesel and fuel oil declined by LL200 each.
dailystar.com.lb | 09-May-2012 11:53

Labor unions chief urges Cabinet to cut cellphone fees
The head of the GLC Union Maroun Khawli called on the government Tuesday to further slash cellphone charges so services can be more affordable for citizens.
dailystar.com.lb | 09-May-2012 11:38

Bank BEMO reports over 50 percent drop in profits
Bank BEMO published its unaudited financial statements early this week, reporting a 53.57 percent year-on-year contraction in net profits to $1.45 million at the end of the first quarter of 2012.
dailystar.com.lb | 09-May-2012 11:23

Gasoline prices expected to fall by LL1,000
The price of gasoline is expected to fall by LL1,000 Wednesday due to the drop in the prices of oil on the international markets, a source told The Daily Star.
dailystar.com.lb | 09-May-2012 11:08

AUB group develops app that leeches phone credits
The Network Security Group at the AUB has developed a smartphone application that is capable of transferring prepaid phone credits without the phone user’s authorization or knowledge.
dailystar.com.lb | 09-May-2012 10:53

EDL contract workers hold sit-ins across country
Several contract workers and bill collectors held sit-ins in front of Electricite du Liban’s offices to protest against the government’s failure to approve a draft law enabling their full-time employment.
dailystar.com.lb | 09-May-2012 10:38

CNN network to feature ‘Eye on Lebanon’ for tourism promo
Tourism Minister Abboud called on the government Tuesday to allocate more funds to his ministry to market Lebanon as a tourism destination.
dailystar.com.lb | 09-May-2012 10:23

MEA 2011 profits plunge to $40 million
Operating profits of Middle East Airlines, Lebanon’s national carrier, declined to $40 million in 2011 from $90 million in 2010 due to a rise in the prices of fuel.
dailystar.com.lb | 09-May-2012 10:08

Lebanese, Turkish businessmen seek trade boost
Turkish businessmen and their Lebanese counterparts discussed Monday the promotion of commercial bilateral ties.
dailystar.com.lb | 08-May-2012 12:07

Tax collection systems to be automated: Safadi
The Lebanese government is seeking to finalize the automation of tax collection systems, Finance Minister Mohammad Safadi said Monday.
dailystar.com.lb | 08-May-2012 11:52

Officials say draft law to slash export taxes can boost Lebanon’s industrial sector
A draft law slashing export taxes by half is expected to give Lebanon’s industrial sector a boost once approved.
dailystar.com.lb | 08-May-2012 11:37

Salameh: Lebanese banks in Syria safe from crisis
Central Bank Governor Riad Salameh has played down the negative impact of the Syrian crisis on Lebanese banks operating in Syria.
dailystar.com.lb | 08-May-2012 11:22