International Customs

CANBERRA: Australian shares bounced off a two-year trough on Tuesday as the banking sector led a stunning recovery, a day...

Philippines Customs to seize 14 luxury vehicles in Port of Batangas

BATANGAS CITY: Bureau of Customs Deputy Commissioner Ariel Nepomuceno said here the other day that he has recommended the seizure...

Australia NBN announces fund require to roll out infrastructure A$15b

CANBERRA: Next-gen broadband network company aims to cover 9.1 million homes in three years, but project will cost more than...

Australian dollar falls to 68 US cents in 2016, National Australia Bank

CANBERRA: National Australia Bank (NAB) Agribusiness has revised down its Australian dollar (AUD) forecast to be at 70 US cents...

Nigeria’s Candel to export agrochemical products to Ghana

ABUJA: Candel Company Limited, one of Nigeria's agricultural inputs development and distribution companies, has made known its plans to commence...

Cambodia seizes 1.5 tonnes of pot worth US$7m in Phnom Penh

PHNOM PENH: Cambodian police showed off a seizure of nearly 1.5 tonnes of marijuana worth more than US$7 million packed...

India customs seizes goods worth Rs11L from actor at Mumbai airport

MUMBAI: The airport Customs detained actor and model Urvashi Rautela while she was leaving without declaring goods valued at about...

South Africa customs confiscates drugs worth R150K in Bloemfontein

JOHANNESBURG: Three men and two women, aged between 24 and 34, were arrested and drugs valued at R150,000 were confiscated...

Argentina imports onions from Brazil to lower prices

BRASILIA: The Government, through the Central Market, is trying to lower the price of onions, which in recent days was...

Mexico inflation slows as consumer prices rise

MEXICO CITY: Mexican inflation slowed to a record low in the first half of August as consumer prices rose less...

Mexican mango imports wrapped up in US

MEXICO CITY: Mango imports from Mexico are wrapping up, and with Brazilian shipments not near peak volumes, current supply levels...

Mexican apple crop, struggling economy could hamper imports

CHICAGO: The Mexican apple crop is bigger and the Mexican peso is trending lower against the dollar, and that may...

Cuba’s Ceballos exports 165 600 tons of charcoal

HAVANA: Some 165 600 tonnes of charcoal were exported by the Cuban agribusiness company Ceballos, the figure exceeds export rates...

Jordan vegetable oil industries suing traders, distributors to collect JD3.2m

AMMAN: Jordan Vegetable Oil Industries Company ( JVOI ) is suing distributors and buyers for about JD3.2 million owed to...

PKP Cargo logistics wants to strengthen international position

WARSAW: Rail freight group PKP Cargo is readying a new strategy for 2016-2020 which will aim to strengthen the company's...

Greece pension funds resort to loans

ATHENS: Greece’s state insurance funds are resorting to external loans to cover their needs as fears grow that the measures...

Finland producer prices for manufacturing products down by 1.1%

HELSINKI: Producer prices for manufactured products fell by an average of 1.1 per cent in July 2015 from July last...

Finland’s OP banks predict further economic decline

HELSINKI: OP Bank's chief economist Reijo Heiskanen announced the economic forecast of the year 2016 in Helsinki on Monday. Both...

FirstRand girds for loan slowdown as traders bet on higher rates

CAPE TOWN: FirstRand Ltd., South Africa’s biggest bank by market value, said lending may slow if the country boosts borrowing...

Spanish tax reform to boost economy, tax receipts