Shipping intelligence report of KPT
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Egypt’s NBE bank sells $2.5 bln in 3 months to cover imports
CAIRO: Egypt's biggest lender, the state-owned National Bank of Egypt, provided more than $2.5 billion to cover import payments in...
Norway’s largest bank calls for total end to cash
OSLO: Norway’s largest bank, DNB, has said that cash has fallen out of favour with everyday Norwegians and is instead...
Discount supermarket chain Rema 1000 announces 130 new stores
COPENHAGEN: The Norwegian discount supermarket chain Rema 1000 is stepping up the competition with its main rival Netto by announcing...
Japan’s fresh fruit imports lead bananas
TOKYO: Japan’s Ministry of Finance has released official import statistics for 2015, with bananas, pineapples and grapefruit leading fruit imports...
Car sales at seven-year high in Spain
MADRID: Car sales at seven-year high in Spain, the association of Spanish car producers (ANFAC) confirmed that 2015 was the...
Australian thermal coal exports to China fall 30% in 2015
CANBERRA: Chinese thermal coal imports tumbled last year, mirroring the decline seen in coking coal imports over the same time...
Punjab govt to give 2m free saplings to olive growers
RAWALPINDI: The Punjab government, under its five-year (2015-2020) plan, has announced to give two million free of cost olive saplings...
Iran container ships set for EU sailings after 5 years
TEHRAN: Iran’s biggest shipping line hopes to start calling again at European ports, with plans for a bi-weekly service connecting...
Port of Hamburg: New strategy for Germany’s ports – Federal cabinet endorses new National Port Concept
BERLIN: German ports face fresh challenges: Cargo handling growth, tougher competition, stiffer demands on environmental protection and security. To enable...
Macau’s gold jewelry imports fall 31.2% YOY
WASHINGTON: Macau’s gold jewelry imports fell 31.2 percent year-on-year to 7.04 billion patacas in 2015, the Statistics and Census Bureau...
Shanghai Customs seizes 2,000 turtles from smugglers
SHANGHAI: The Shanghai customs on Jan. 27 said more than 2,000 turtles had been intercepted from smugglers, which include some...
Iran establishes first brain bank
TEHRAN: Iran has established its first brain bank at Iran University of Medical Sciences, in Tehran, to promote research on...
US attacks EU tax probes as unfair
BRUSSELS: The United States has attacked high-profile EU tax probes into American companies as unfair and encroaching on the US...
China’s Jan. CPI expected to grow faster
BEIJING: China's Consumer Price Index (CPI), a main gauge of inflation, is expected to grow faster in January due to...
China’s non-manufacturing PMI slips to 53.5 in January
BEIJING: China's service sector activity slackened off in January, a monthly survey showed Monday. The purchasing managers' index (PMI) for...
Zimplats revenue falls 11% to $96,3 mln
HARARE: Revenue fell 11 percent to $96, 3 million on reduced sales and falling commodity prices. Platinum, Palladium, Gold and...
Govt urged to impose import duty on Iranian cement
LAHORE: The cement manufacturers have urged the government to impose regulatory duty on cement imports from Iran to save the...
Shanghai’s foreign trade falls 2.1% to $427.5b
SHANGHAI: Shanaghai reported 2.8 trillion yuan (US$427.5 billion) of foreign trade last year, down 2.1 percent from 2014, Shanghai Customs...
Govt to ease tax burden on four industries
BEIJING: Construction, real estate development, financial services and consumer services will be included in China's corporate tax reform program. The...
