The value added
by oil activities, which rose by 2.5 per cent, contributed most to this increase.
In the fourth quarter of 2018, compared with the same period of the previous year, gross value added
increased by 2.9%.
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Ms Ransome said the digital value added
services sector or 'ecosystem' was made up of a range of stakeholders who ensured services were delivered across digital platforms.
Throughout 2018, the value added
of the manufacturing sector edged up 0.3%, i.e.
"Meanwhile, labour productivity by value added
per employment dropped 1.9 per cent as employment increased 0.6 per cent," it said.
Dollars and Gross Value Added
of Nonfinancial Domestic Corporate
Ministry is working on a strategy to discourage export of raw material and encourage export of value added
items and decision shall be taken sooner.
Muscat: In an effort to create awareness about Value Added
Tax (VAT) and issues related to it among the business community, the Oman Chamber of Commerce and Industry (OCCI) will be hosting a gathering later this month to explain everything involving the tax.
He added that Value Added
Textile Export Sector has the largest share in the total textile exports of Pakistan to the tune of US $ 11.08 billion (53% of total exports i.e.
Bangladesh's value added
textile exports have reached $30.24 billion (FY2016-17) as they allow duty free import of raw material cotton yarn and always encourage value addition which is their key to success.