International Customs

TOKYO: Vessels suspected of illegally transporting North Korean coal entered Japanese ports at least 25 times since 2016, when an...

DRI’s gold smuggling probe leads them to diamonds worth crores

Investigation into the gold smuggling case probed by Directorate of Revenue Intelligence (DRI) sleuths led them to the seizure of...

Batanes out of rice; government to distribute smuggled rice

BASCO – The Ivatans, residents of the northernmost region in the country, are running out of rice and food supplies...

UTCC And KTB Forecasts 4.5% GDP Growth Throughout 2018

The University of the Thai Chamber of Commerce (UTCC) forecast the Thai economy will grow by 4.5-5% throughout this year...

South African sentenced to death in Vietnam for drug smuggling

For the first few days following his disappearance‚ the family of Tyrone Lee Coetzee searched high and low for him...

Foreign investors don’t consider dividend tax an issue, experts say

The tax which foreign investors pay on dividends is not an issue for large British investors in Dutch shares, Rients...

Belgian company signs important IT contract with EU Commission

The framework contract, worth over 500 million euros — the most important concerning IT services within the Commission — will...

Invocare expands its NZ funeral business

Invocare, New Zealand's largest funeral company, has been expanding its reach across the country, with three new funeral homes purchased...

Brazil Business Aviation Looking Confidently to Future

Although the annual Brazilian LABACE show is relatively small, it is celebrating its 16th year (although it’s the 15th show...

Corporate Japan expands stock rewards to workers abroad

TOKYO -- More Japanese companies are including stocks as part of their compensation packages, even for overseas employees not allowed...

Samsung Securities cancels bid for promissory notes business

SEOUL: Samsung Securities Co. said Friday it voluntarily withdrew its application for the right to issue promissory notes following state...

Passenger Attempts to Smuggle $50,000 Worth of Gold Through Airport Security in Grossest Way Possible

Airport security manages to spot all kinds of things, from rare animals to strange weapons, hidden in passengers’ bags. But...

Chinese linked to P6.4-B smuggled shabu denies bribing BI to leave PH

MANILA, Philippines: Chinese businessman Richard Tan, the alleged forwarder of 604 kilos of shabu shipped from China, denied he had...

Alibaba Initiates $3Bln Partnership With Thai Gov In Support Of Thailand 4.0

The e-commerce giant’s executive chairman, Jack Ma, was in Thailand this week and has become the first big name to...

Concern over companies netting zero-rating tax benefits

There is some concern from the state-appointed panel reviewing whether to increase the basket of zero-rated VAT items about producers...

Economic growth will reach 2.5% next year, says government think-tank

The Dutch economy will continue to grow next year but the rate of growth will ease, the government’s macro-economic think-tank...

Cigarette smuggling persists

HCM CITY: Cigarette smuggling has caused a loss of thousands of billions of Vietnamese đồng each year for the state,...

A view of the Italian port of Gioia Tauro, in the southern region of Calabria on February 4, 2014. Italy approved its southern port as the transfer site for 560 tons of Syrian chemical weapons material to a US ship and later destroyed at sea as part of the UN-backed plan to destroy Syrias chemical weapons arsenal. AFP PHOTO / Filippo MONTEFORTE / AFP PHOTO / FILIPPO MONTEFORTE

Italian police seize €50 million stash of ‘Isis drugs’

Police in Italy have seized a stash of drugs that they believe Isis planned to sell to finance terrorist attacks,...

Interest Rates: Countercyclical Buffer Unchanged

The Ministry of Finance has today decided to keep the level of the countercyclical capital buffer for banks unchanged. This...

Indonesia urges exporters to use FX earnings to support rupiah