Chinese investment in Europe, US hit record high in 2015
SHANGHAI: Chinese investment in Europe and the United States hit a record high in 2015, according to a report released...
Sri Lanka approves recommencement of China-funded mega port city
COLOMBO: The Sri Lankan cabinet has granted approval for a multi billion dollar China funded Port City project to recommence...
Ukraine eases currency restrictions for gas imports
KIEV: A change in Ukrainian currency law has made it easier for shippers to import natural gas from Europe. This...
SBP, PTA join hands to promote branchless banking thru mobiles
KARACHI: The State Bank of Pakistan (SBP) and Pakistan Telecommunication Authority (PTA) have joined hands to promote branchless banking...
China auto sales down 0.9% in February
BEIJING: Auto sales in China, the world's biggest auto market, fell 0.86 percent year on year to 1.58 million units...
China asks EU to obey WTO rules
BRUSSELS: China yesterday urged the European Union to obey the rules of the World Trade Organization and stop its unfair...
Govt okays Dubai Port’s India restructuring
DUBAI: The central government has approved a proposed change in shareholding at the Container Terminal Projects of Dubai Port World...
German trade surplus narrows in January as exports drop for second consecutive month
BERLIN: German trade surplus narrowed in January as exports dropped for the second consecutive month and imports boosted due to...
Trudeau, Obama say Customs pre-clearance coming to Toronto airport
OTTAWA: Canada and the U.S. have agreed to offer customs pre-clearance at Toronto’s island airport, force the oil industry to...
Aegis Logistics to launch terminal at Haldia Port
LONDON: The board of directors of Aegis Logistics on Thursday approved a company strategy to build a necklace of terminals...
Cambodia imports threaten domestic agricultural production
WASHINGTON: Although domestic agricultural production has been increasing in recent years in Cambodia, vegetables, fruit and other food products imported...
Malta’s trade deficit narrows almost €8 mln
LONDON: In January 2016, Malta’s trade deficit narrowed by €7.9 million compared to the corresponding month of 2015, the National...
Reserves increase by $170m to $20.52b
KARACHI: The country’s total foreign exchange reserves have increased by $170 million to $20.522 billion by the week ended...
Adopt Customs reforms, next PH leaders urged
MANILA: A former commissioner of the Bureau of Customs (BoC) has called on the next economic leaders of the country...
Port of Oakland receives community service award
OAKLAND: The Port of Oakland has received a Community Service Award from the Prescott-Joseph Center for Community Enhancement. The Port...
Punjab govt approves 10 development projects worth Rs 6.2 billion
LAHORE: The Punjab government has approved 10 development schemes of various sectors with an estimated cost of Rs6.2 billion....
German Customs catches woman smuggling cocaine in breast implants
BERLIN: A 24-year-old Colombian woman was arrested at Frankfurt airport here after she was found carrying 1kg of cocaine inside...
South African invests R7bn in ports, ocean economy
CAPE TOWN: Transnet National Ports Authority has allocated R7-billion to build new port facilities to grow South Africa's ocean economy....
RCB to collect Rs 500m more taxes to overcome financial crisis: CEO
RAWALPINDI: Rawalpindi Cantonment Board (RCB) has announced to collect taxes worth over Rs500 million to overcome the financial crunch...
Congress alleges corruption in ports department project
WASHINGTON: Senior Opposition Congress MLA Shaktisinh Gohil has made a serious allegation against the state ports department that it has...
