MoIT firms effort to find strategic investors in Vietnam
HANOI: Businesses under the industry and trade ministry have not attracted foreign strategic investors during their privatisation, the ministry's board...
Kenyan insurer Britam earnings expected to fall by 25%
NAIROBI: Kenyan insurer British American Investments (Britam) has said its profit this year would be lower than in 2014 due...
S. Africa Govt agrees R1.4-trillion nuclear power plan
JOHANNESBURG: South Africa government gazette notice released by the Department of Energy on December 21 has confirmed Cabinet’s decision to...
Russian grain exporters resume trade deal with Turkey
MOSCOW: Russian grain exporters have resumed deals with Turkish buyers after a short break caused by a deterioration in relations...
China top export purposes for New Zealand Nov
BEIJING: November saw exports to China increase by a huge 17 percent to $803 million from the same month last...
Russia’s oil exports expected to grow by 7.5% in 2015
MOSCOW: Russia’s oil exports are expected to grow by 7.5 percent to 238 million metric tons (tonnes) in 2015, the...
Indonesia tin exports expect to fall 28% in 2015
JAKARTA: Indonesia's refined tin exports are expected to decline by as much as 28 percent to 65,000-70,000 tonnes this year...
Japan’s plywood imports increase 7% in Oct 2015
TOKYO: Plywood suppliers in three countries, China, Malaysia and Indonesia account for almost all Japan’s plywood imports. The volume of...
Russian oil exports to grow 7.5% to 238mmt in 2015
MOSCOW: Russia’s oil exports are expected to grow by 7.5 percent to 238 million metric tons (tonnes) in 2015, the...
Hungary, Bank of China ink deal on yaun bonds
BUDAPEST: Hungary’s Prime Minister Viktor Orbán and Bank of China President Guoli Tian today signed a cooperation agreement in China...
Taiwan ten-year bond yield drops below 1%
TAIPEI: The nation’s benchmark 10-year sovereign bond yield fell below 1 percent for the first time ever after the government...
Sri Lanka importers welcome tax withdraw on electric cars
COLOMBO: The Vehicle Importers Association of Lanka (VIAL) today welcomed President Maithripala Sirisena’s decision to withdraw the 2016-budget proposal to...
Crude demand to reach 30.70m bpd in 2020: Opec
LONDON: Global demand for Opec crude will reach 30.70 million barrels per day (bpd) in 2020, lower than 30.90 million...
Qatar exchange index grows 3.49% to 345.80 points in past week
DOHA: Qatar Exchange index gained 345.80 points, or 3.49 percent, during the past week when the bourse closed yesterday at...
Kuwait police arrest 3 smugglers with 206 liquor bottles
KUWAIT CITY: Ahmadi securitymen arrested three Indians for smuggling alcohol with 206 bottles of local liquor in their possession. While...
Kuwait real estate sales hit by KD 2.8 billion in Nov
KUWAIT: Sales improved in November 2015 posting their best levels, across sectors, in four months, or since the summer. However...
HK’s Customs seizes record 62kg liquid cocaine worth $65m
HONG KONG: Customs officers have made a record seizure of 62kg of suspected liquid cocaine hidden in an industrial machine...
Russia imports of PET decrease by over half in Jan-Nov 2015
MOSCOW: Imports of polyethylene terephthalate (PET) in primary and secondary forms into the Russian market decreased to 76,600 tonnes in...
Cement imports into S. Africa from Pakistan drop by 30%
CAPE TOWN: Cement imports into South Africa from Pakistan dropped by 30 percent year on year to September, following the...
HK Customs, Marine Police seize 1100kg of suspected red sandalwood
HONG KONG: Hong Kong Customs and the Marine Police yesterday conducted a joint operation and cracked down on a suspected...
