Greece exits deflation after 33 months, uptick seen sustainable
ATHENS: Greece emerged from 33 months of deflation in December, finally seeing some price rises after a bruising period of...
Vietnam buys many Chinese goods, from onions to cars
HANOI: Doanh Nhan Sai Gon has quoted statistics from the General Statistics Office (GSO) as reporting that Vietnam’s trade deficit...
Kenya’s economy expected to grow 6.1% in 2016
NAIROBI: Kenya's economy is expected to grow 6.1 percent in 2016 and the government wants to trim ballooning budget and...
Danish company exports pig production facilities to Vietnam
HANOI: Danish Farm Concept has signed contracts to supply investors in Vietnam and the Philippines with new turnkey pig production...
Vietnam to purchase Western jets
HANOI: Vietnam is negotiating with American and European manufacturers to purchase new warplanes—including fighters, maritime patrol aircraft and unmanned aircraft....
Italy phone company launches new brand, logo
ROME: Telecom Italia, Italy’s dominant phone company, launched a new brand and logo and announced new Rome headquarters. The new...
Oman closes $1b sovereign loan
MUSCAT: Oman has completed a $1 billion sovereign loan, a senior finance ministry official said, as the Gulf country borrows...
5 companies in Oman to list in 2016
MUSCAT: As many as five Omani companies, including three owned by the government, are expected to list on the local...
Oman’s oil production rises 1%
MUSCAT: Oman’s total production of crude oil and condensates touched 31,214,058 barrels in December 2015, a daily rate of 1,006,905...
China foreign trade recovers in Dec
BEIJING: China’S foreign trade fared better than expected in December with exports back in growth and the decline in imports...
S. Africa miners in Zimbabwe freeze new projects
HARARE: South African mining companies in Zimbabwe, as well as others, have put all new and expansion projects on hold,...
APLNG ships first LNG cargo from third east coast Australia terminal
CANBERRA: The Australia Pacific LNG, or APLNG, facility takes coal seam gas from Eastern Australia, liquefies it and then ships...
Australia’s buffalo trade growing with large numbers exported to Vietnam
CANBERRA: More than 5,000 head of buffalo were exported from the Northern Territory in 2015, making it one of the...
S.Korea’s exports expected to remain slow in Q1
SEOUL: South Korea's exports are expected to remain sluggish during the first quarter of this year due to slowing growth...
Peruvian mango exports to S. Korea up 214%
OTTAWA: Between January and October 2015 Peru exported US$9.4 million worth of raw or steam-cooked (packed) mangoes to South Korea;...
S. Korea sets to utilize FTAs to renew exports in 2016
SEJONG: South Korea will make full use of its free trade agreements (FTAs) and diversify products and services it sells...
Chinese exports to Hong Kong up 10.8%
HONG KONG: Chinese exports to Hong Kong rose 10.8 percent from a year earlier for the biggest gain in more...
Philippines may import up to 400,000 tons of rice in 2016
MANILA: The Philippines, one of the world’s top rice importers, is set to buy 400,000 tons of the grain for...
Turkish lemon exports decline, prices rise
ANKARA: In Mersin, Turkey, the lemon yield and exports have declined, but the prices have risen. Last year lemons were...
Kazakhstan exports of wheat flour decreases 4%
ASTANA: Kazakhstan exported 530.2 KMT of wheat flour in September-November of the current season. That was 4% less than during...
