Nepal to import 80MW electricity from India
KATHMANDU: Nepal will import up to 80 megawatts of electricity from India beginning tomorrow to ease the ongoing energy crisis...
Romania reduces sunflower exports in 2015/16
LONDON: During first two months of season 2015/16 Romania reduced sunflower exports and crushing. Thus, during the specified period exports...
Iran increases oil exports by 500,000 barrels per day
DUBAI: Iran has increased oil exports by 500,000 barrels per day since international sanctions against Tehran were lifted in January,...
Abu Dhabi to open bio-fuel research facility in March
ABU DHABI: The Sustainable Bioenergy Research Consortium, or SBRC, has announced that its bio-energy research facility at the Masdar Institute...
Australia’s Orica re-launches Minova
CANBERRA: Australian explosives maker Orica (ASX:ORI) said Friday it has completed the restructuring of its Minova group as a stand-alone...
Vietnam property prices set to increase
HANOI: Property prices are expected to increase by five to 10 per cent in the year of 2016, especially hot...
Belarus’ oil import 1.8% increase in 2015
MINSK: In 2015 Belarus imported 1.8% more Russian oil in comparison with 2014, with the total oil import going up...
Vietnam central bank to keep interest rates stable in 2016
HANOI: Though experts forecast a rise in lending interest rates in 2016, a central bank official believes it is feasible...
Spain to control pepper imports
HANOI: Spain will initiate special measures to control black pepper imports to this country after a warning about high residue...
Chile imports 921,600m tons of coal in Dec
SANTIAGO: Chile imported 921,600 mt of coal in December, up 48.7% from 619,771 mt of coal imported in the same...
Citibank to drop American consumer banks
WASHINGTON: Citibank is planning to sell the consumer banking operations it has run for a century in Argentina, Brazil and...
Ukraine cuts Russian gas imports to a minimum
KIEV: Ukrainian gas consumption fell significantly last year, as GDP declined by more than 10 percent, and the output of...
New Zealand interest rates expectations favor NZD bears
WELLINGTON: The New Zealand Dollar remains unable to sustain a push higher as the macroeconomic data continues to prevent a...
Turkish products expected to flood Bulgarian market
ANKARA: After Russia banned the imports of Turkish fruits and vegetables because of the deterioration of relations between the two...
Switzerland, South Korea sign AEOI statement
SEOUL: Switzerland and South Korea have signed a joint declaration on the automatic exchange of tax information (AEOI) from 2018. The...
Japanese manufacturer’s confidence remains subdued in Feb
TOKYO: Confidence at Japanese manufacturers remained largely subdued in February and the mood was seen deteriorating over the coming three...
France to cut farmers’ taxes by 500 million euros to defuse unrest over prices
PARIS: France will cut social security taxes paid by farmers, a measure worth 500 million euros (389 million pounds), to...
India’s natural rubber imports in Jan jump 21%
NEW DELHI: India's natural rubber imports in January jumped nearly 21 percent from a year ago to 35,174 tonnes as...
Laugfs Power acquires Pams Power for Rs.200 mn
COLOMBO: Laugfs Power, a wholly-owned subsidiary of Laugfs Gas PLC, recently announced the acquisition of Pams Power (Pvt) Ltd. for...
InvestKL attracted 51 MNCs with RM5.88b in investments since 2011
KUALA LUMPUR: The Government's investment agency InvestKL has attracted 51 multinationals to set up their regional hubs in Greater KL,...
