The Syrian Government has overhauled drastically the country’s customs tariff schedule and reduced to a fifth the highest duty rates.
The Islamic State in Iraq and Sham, the takfiri organization that announced the establishment of a Caliphate in parts of Syria and Iraq, has announced new job openings at its “Treasury Department” and is establishing new rules regulating order and cleanliness in markets and other retail areas.
An appeal launched by the World Food Programme has helped finance part of the shortfall needed to fund a programme funding 1.7 million Syrian refugees.
Many Syrians are paying bribes of up to USD 150 dollars to members of the Lebanese border guard in order to cross the border, an opposition media says, as restrictions on the entry of Syrians into Lebanon increase.
A Shortfall of only USD 64 million will have “Disastrous Effects” on 1.7 million Syrians – World Food Programme
The World Food Programme, a UN organization, is suspending food aid to more than half of Syrian refugees because of a funding shortfall.
A Syrian court of appeal has confirmed the condemnation of Syrian-French investor Jacques Saadé to pay a fine of USD 600 million.
Syrian exports partly recovered during the first three quarters of this year, while Iran has become the country’s first supplier of goods, official data show.
In a bid to limit rapidly declining fiscal revenues, the government has offered taxpayers a relief from penalties and other interest payments on arrears provided the taxes be paid by the end of this year.
The few large private sector investments still being established in Syria remain concentrated in the coastal area and around Damascus, data from a licensing body shows.
The Syrian President has issued a decree nominating five new Governors in Lattakia, Tartous, Aleppo, Idlib and Quneitra.
Syrian businessman George Obegi passed away last week following a plane accident off the Cypriot coast.
A bilateral meeting by members of the Syrian and Russian governments in Sochi last week failed to reach an agreement on a USD 1 billion loan by Moscow, according to various reports.
The Official Journal of the European Union has published the names of the 16 individuals and two entities blacklisted last week by the European Council, confirming that the focus of western sanctions remains Syria’s oil sector.
Syria’s exports are currently at some 10 percent of their level four years ago, the head of a government body said.
The administration of the Bab Al-Hawa border crossing between Turkey and Syria, which is in the hands of forces affiliated to the opposition, has denied rumours that it had raised transit fees.
Investment Facilities at the Industrial City of Adra
Damascus Chamber of Commerce
Moms Babies and Kids
Damascus International Fairground