Taiwan annual industrial output drops 1.66%
TAIPEI: Industrial production declined 6.17 percent last month, the eighth consecutive month of annual contraction, the Ministry of Economic Affairs...
ULCCs boost Port of Colombo volume
COLOMBO: Colombo International Container Terminals Ltd. (CICT) has set another milestone by closing 2015 with an impressive 1.561 million teus,...
Iran set to be hooked up to global banks in weeks
LONDON: Iran is set to re-engage with the banking world within weeks as international lenders link up with their Iranian...
Qatar, Mexico to deepen economic cooperation further
DOHA: Economic cooperation between Qatar and Mexico will deepen further said Enrique Pena Nieto, President of Mexico yesterday speaking at...
Kuwaiti banks’ risks increase amid real estate slowdown
KUWAIT: Kuwait International Bank report showed a significant 29% decline in Kuwait’s (Aa2 stable) 2015 real estate sales amid softening...
Imports of PP into Ukraine decrease 15% in 2015
MOSCOW: Imports of polypropylene (PP) into Ukraine decreased to 96,200 tonnes in January-December 2015, down 15% year on year, according...
Ukraine barley exports 5% lower in H1 of 2015/16
KIEV: In December 2015 Ukraine exported 200.4 KMT of barley that was 15% less than in December 2014 (235.2 KMT). During...
Adhi seeks Rp 25 trillion of contracts, aims for 74 percent growth
JAKARTA: State-run construction companies are setting much more optimistic targets this year after struggling to meet initial new contracts targets...
Kenya able to export beef products to Europe
NAIROBI: Kenya is eyeing the European Union market beef market with hopes that a new vaccine launched in the country...
Indonesia govt to create holding company for mining SOEs this year
JAKARTA: The government is targeting to create a holding company of state-owned mining firms by the end of 2016 and...
India to increase oil imports from Africa
NEW DELHI: India is looking at raising crude oil imports from Africa as part of efforts to diversify sourcing of...
Malaysia police size drugs worth over RM70,000
MALACCA: Police arrested a 22-year-old Malaysian and seized drugs worth over RM70,000 during a raid at a condominium in Klebang...
Quick revenue boost from lifting of Labuan tax-free status
KUALA LUMPUR: The lifting of Labuan’s tax-free haven status starting with alcoholic beverages, should it happen, is a quick way...
Ukrainian wheat exports doubles in Dec
KIEV: In December 2015 Ukraine exported 1592.7 KMT of wheat which is more than a double increase compared to December...
Hong Kong Customs seizes fake goods worth HK$5m
HONG KONG: Customs officials smashed a counterfeit goods syndicate in a popular tourist destination in Mong Kok when they closed...
Tigerair’s profit soars on cheaper fuel
SINGAPORE: Falling fuel prices sent earnings soaring at Tigerair for the third quarter, it reported yesterday. Net profit for the...
Thailand’s Ratchaburi obtains stake in china nuclear plant
BANGKOK: Thailand's largest private power producer, Ratchaburi Electricity Generating Holding Pcl , said on Friday it will invest 7.5 billion...
CapitaLand Mall Trust posts 0.7% rise in DPU for 4th quarter
SINGAPORE: The acquisition of Bedok Mall boosted property income for mall landlord CapitaLand Mall Trust (CMT) in the fourth quarter....
China Customs destroys 1.03m infringing goods
BEIJING: Dalian Customs District conducted a centralized harmless destruction of infringing goods, which totaled 1.03 million pieces including DVD, clothing,...
China Customs seizes 710 smuggled goods
BEIJING: Recently, Haikou Customs District cracked a smuggling case, in which 138 tons of imported goods were seized, including electronic...
