International Customs

JAKARTA: State-owned aluminum maker Indonesia Asahan Aluminum (Inalum) has allocated up to US$2.5 billion to finance a number of projects...

Zimbabwe stock market loses $27 mln during week

HARARE: During the week ending October 2, average deposit rates for savings, one month and three-month tenors remained unchanged at...

Ukraine to continue export shipments of sunflower meal to EU

KIEV: During past seasons European Union became the main customer of sunflower meal. Thus, the share of EU in total...

Zimbabwe’s mining requires $4b to ramp up output in next 5 years

HARARE: Zimbabwe’s mining lobby body, the Chamber of Mines, says the capital-intensive sector requires US$4 billion in working capital to...

Zimbabwe’s inflation drops to -3.11% in Sep

HARARE: Zimbabwe’s annualised inflation dropped to minus 3.11 percent in September, plunging the comatose southern African economy deeper in a...

Gladstone LNG ships first liquefied natural gas cargo to S-Korea

SYDNEY: The first shipment of liquefied natural gas (LNG) from the Gladstone LNG project has been loaded and is now...

Malta customs officers find 3 stowaways in SUV

VALLETTA: Customs officials were surprised to find three stowaways during checks made on an SUV that arrived board a catamaran...

India customs arrests woman for smuggling gold in Mumbai

MUMBAI: The Air Intelligence Unit (AIU) of Mumbai Customs caught a senior citizen who was trying to smuggle gold. The...

Syrians use Lebanon port to flee to Europe

BEIRUT: Every day, hundreds of people at Lebanon’s northern port city of Tripoli board a ship bound for Turkey –...

Egypt’s GASC imports 240,000 tons of Russian, Romanian wheat

CAIRO: Egypt’s state grain buyer, the General Authority for Supply Commodities (GASC), has bought 240,000 tonnes of Russian and Romanian...

New Zealand customs seizes 14.6 kilos of ephedrine

WELLINGTON: A 21-year-old man has been arrested by Customs and charged with the importation and possession for supply of a...

Volkswagen to recall 8.5m diesel cars across Europe

BRUSSELS: Volkswagen is to recall 8.5m diesel cars across the European Union in the wake of the emissions scandal. The...

Indian trade deficit with China to record level in 2015

NEW DELHI: India's trade deficit with China is set to reach record levels in 2015, new trade figures show, with...

Blackberry disappears from Dutch business market

AMSTERDAM: BlackBerry has largely disappeared from the Dutch business sector. Only 3.5 percent of smartphones at businesses with 50 or...

Iraqi oil exports reach at 91m barrels in Sep

BAGHDAD: The Oil Ministry announced on Thursday a reduction in the exported quantities of crude oil for the month of...

Italy’s cabinet unveils expansionary budget plan for 2016

ROME: The Italian cabinet outlined the 2016 budget blueprint, with expansionary measures aimed at boosting domestic consumption and economic recovery....

Guatemalan orders to arrest 50 in Customs corruption case

GUATEMALA: A Guatemalan judge has ordered 50 businesspeople suspected in a wide-ranging customs corruption scheme not to leave the country...

China Entrepreneur Club leaders to visit Germany, Italy

ROME: The China Entrepreneur Club (CEC) officially announced an 8-day visit to Germany and Italy from October 13th to 22nd...

Norway trade balance register second lowest surplus in 12 years

OSLO: Norway's trade balance registered its second lowest surplus in 12 years in September, Statistics Norway said Thursday. The trade...

S.Korea receives LNG from Santos $18.5b GLNG facility