Singapore customs seizes over 800kg of elephant tusks
SINGAPORE: Singapore authorities have impounded half a tonne of elephant tusks in one of the largest ivory seizures made in...
Jabil Circuit revenue rises 14% to $5.2 billion
ST PETERSBURG: Jabil Circuit Inc., which makes parts for Apple Inc.’s iPhone, posted strong results for its latest quarter as...
Kenya’s economy to raise 5.6% in 2015
NAIROBI: The IMF trimmed its forecast for Kenya's economic growth on Wednesday, projecting gross domestic product would expand about 6...
US courts sentences 4-years jail to UPS employee for smuggling drugs
BROWNSVILLE: A former UPS Inc. worker in South Texas, his daughter and another ex-employee are going to prison for using...
Coffee exports value declines in Uganda
KAMPALA: As the coffee calendar enters a new year, farmers will find it difficult "to put food on their tables"...
China to invest $1.2b in coal mining project for power plant
ISLAMABAD: The Chinese government has announced to invest $1.2 billion in mining of 3.8 million tons per annum coal for...
India’s DRI nabs 3 for smuggling gold
AHMADABAD: Ahmedabad zonal unit of the Directorate of Revenue Intelligence (DRI) arrested three people, including two Jamnagar-based men and an...
Peruvian exports of fresh mangoes increase 32% in 2015
LIMA: According to the AgrodataPeru web portal, Peruvian exports of fresh mangoes between January and October 2015 reached an FOB...
Australian police seize10kg of drugs
CANBERRA: A Canberra man has been charged with drug smuggling after police seized drugs and $22,000 cash from his home...
Non oil domestic exports in Singapore dip 3.3% in Nov
SINGAPORE: Non-oil domestic exports (NODX) in Singapore dipped 3.3 per cent in November, after registering flat growth the previous month,...
China Development Bank overseas loan hits $328.2bn
BEIJING: Zheng Zhijie, president of the China Development Bank (CDB) said its bank, which happens to be the world's largest...
Israel plans to import construction workers from Eastern Europe
JERUSALEM: 2,000 Moldovan construction laborers are expected in Israel as plans to bring in Chinese workers have stalled. The housing department...
Alibaba ready to expand e-commerce business in Russia
WUZHEN: Alibaba founder Jack Ma said Wednesday that he is willing to increase e-commerce business in Russia, where his company...
China’s VAT policy expected to complete in first half of 2016
BEIJING: Changes to China's value-added tax (VAT) policy are expected to be complete by the first half of 2016, ending...
Nepra cuts tariff by 27% for new solar plants
ISLAMABAD: After decrease in solar photovoltaic (PV) prices in the global market, the upfront tariff for new solar power plants...
Indonesia to import 600,000 tons of corn in Q1 of 2016
JAKARTA: Indonesia will import 600,000 tonnes of corn in the first quarter of 2016, the chief executive of the state...
Russian to invest $2b in 1,100km long LNG pipeline
LAHORE: Russia has announced to invest $2 billion in 1,100-km-long pipeline for transporting liquefied natural gas (LNG) from Karachi’s port...
CDA for completing D-12 development work in three months
ISLAMABAD: The leftover development work in the federal capital’s sector D-12 would be completed in three months. The Capital Development...
Pier 1 Imports shares fall 14% in comprehensive session
WASHINGTON: Pier 1 Imports Inc. PIR, +4.02% shares fell in the extended session Wednesday after the specialty retailer's quarterly sales...
China central bank forecasts 6.8% growth in 2016
BEIJING: China's central bank projected its baseline forecast for 2016 growth at 6.8 percent on Wednesday, expecting the number of...
