Chinese Customs plans more Belt-Road partnerships
BEIJING: Customs officials from China have pledged to streamline procedures for smoother trading among countries on the Belt and Road...
China invested $118bn in western regions in 2015
BEIJING: China invested about 768.7 billion yuan ($118.7 billion) in its less-developed western regions in 2015, the country's top economic...
Zoomlion buys 57% stake in Italy’s Ladurner
CHANGSHA: Zoomlion, China's leading construction machinery producer, on Wednesday said it had signed an official agreement to buy a 57...
Morocco cuts customs duty on imports of soft wheat to 30%
RABAT: Morocco is cutting the customs duty on imports of soft wheat to 30 percent from 50 percent to ensure...
China to cut coal-fired power price
BEIJING: China will cut the price of electricity generated by coal-fired plants and sold to the country's power grid to...
China Airline signs $2bn deal with Airbus
BEIJING: China Southern Airlines Co has signed deals worth about US$2 billion to buy 10 aircraft from Airbus, the carrier...
Alibaba to invest $1.25b in app ele.me
BEIJING: E-commerce giant Alibaba Group Holding Ltd is said to have invested $1.25 billion in ele.me, becoming the biggest shareholder...
Singapore’s manufacturing output falls 5.5% in Nov
SINGAPORE: Singapore's manufacturing output declined 5.5 percent in November on a yearly basis, said the country's Economic Development Board (EDB)...
US crude oil imports drop 12% from 2014 levels
WASHINGTON: Record US oil production has led to a drop in the weekly US crude oil imports. The EIA (U.S....
Vietnam’s inflation in 2015 lowest since 2001: GSO
HANOI: Vietnam's inflation rate in 2015 posted the lowest level since 2001, according to the country's General Statistics Office (GSO)...
Colombian fiscal deficit expected to hit 3.6% in 2016
BOGOTA: Colombia's fiscal deficit for 2016 would be 3.6 percent of GDP, said Finance Minister Mauricio Cardenas here the other...
Morocco cuts Customs duty on imports of soft wheat to 30%
RABAT: Morocco is cutting the customs duty on imports of soft wheat to 30 percent from 50 percent to ensure...
Iraq plans to reduce imports of cooking oil from Turkey
BAGHDAD: Iraq plans to reduce government imports of cooking oil from Turkey due to political tensions between the two countries,...
Shanghai Customs seizes 80,000 pieces of smuggled mink fur
SHANGHAI: Customs staff in Shanghai have seized more than 80,000 pieces of smuggled mink fur and detained 13 suspects. The...
Czech Republic Customs seizes over 30kg marihuana
PRAGUE: Customs officers uncovered over 30 kilograms of marihuana at the Prague 4 customs office last Wednesday, customs authority spokeswoman...
Nigeria Customs nabs 23 culprits, confiscates 1,300 cartons of frozen poultry products
ABUJA: The Federal Operations Unit (FOU), Zone ‘C’, of Nigeria Customs Service, Owerri, has arrested 23 suspects in connection with...
Bangladesh Customs seizes 131 gold bars at airport
DHAKA: Customs officials at Bangladesh's main airport in capital Dhaka on Wednesday seized 131 gold bars weighing 20.5 kg. Shahiduzzaman...
Ireland Customs seizes cocaine worth over €700,000
DUBLIN: Police and customs officers in the Republic of Ireland have seized cocaine worth more than €700,000 from a lorry...
US Customs seizes 95 pounds of liquid meth
EAGLE PASS: U.S. Customs and Border Protection agents arrested two people Dec. 18 after they found liquid methamphetamine inside a...
Singapore’s ICA seizes 4,098 cartons of contraband cigarettes
SINGAPORE: A total of 4,098 cartons of contraband cigarettes were seized after three separate attempts were made to smuggle them...
