International Customs

KIEV: Russia’s Gazprom has confirmed its receiving another advance payment of $32 million from Naftogaz of Ukraine for May gas...

BOJ chief economist expects Japan to move into expansionary phase

TOKYO: Japan’s economy is likely to shift to an expansionary phase this fiscal year due to improvements in domestic demand,...

South Korean bonds advance following rebound in global markets

SEOUL: South Korea’s government bonds rose, pushing the 10-year yield down the most in a week, as a rebound in...

Japan machinery orders rise, but weak outlook hampers economic rebound

TOKYO: Japan’s core machinery orders grew in March for the first time in two months but they are seen sliding...

New Zealand services sector slows in April

WELLINGTON: The services sector in New Zealand continued to expand in April, albeit at a slower pace, the latest survey...

Benefits from Chinese investment extend beyond farm gate into NZ economy

WELLINGTON: The benefits of Chinese investment extend beyond the farm gate and into the New Zealand economy according to the...

Australia’s new vehicle sales dip 1.5% in April

SYDNEY: Australian new vehicle sales dipped 1.5 per cent in April to end two months of gains, though demand for...

Maersk Line to share vessels with MSC and MOL in Asia-S.America

COPENHAGEN: Maersk Line has entered into a vessel sharing agreement with Switzerland-based Mediterranean Shipping Company (MSC) and Japan's Mitsui O.S.K...

Quantum of the Seas’ Arrives in Piraeus, Greece

ATHENS: The third largest cruise ship in the world, measuring 347 meters in length, which can host up to 4,905...

Polish 2015 GDP may grow above 3.4%: Finance Minister

WARSAW: Poland's Q1 GDP growth data indicate a chance for the Polish economy to grow faster in 2015 than the...

Poland’s Records current account surplus of €1.94m in March

WARSAW: Poland recorded a current account surplus of EUR 1.94 billion in March, versus EUR 1.24 billion surpluses expected and...

Hungaryʼs online ad sector grows 4.9% in Q1- 2015

BUDAPEST: Revenue of Hungaryʼs online advertising sector was up 4.9% year-on-year in the first quarter of this year, the Interactive...

Hungary’s Insurer’s premiums revenue up 2% in Q1 2015

BUDAPEST: Hungarian insurersʼ combined revenue from premiums rose 2% to HUF 247.8 bln in the first quarter of this year...

Hungary’s retail food sales grow 5% to HUF 490b

BUDAPEST: Retail food sales rose 5% reaching HUF 490 bln during the period from last December to March of this...

Hungary may 150 EV charging stations

BUDAPEST: Approximately 150 charging stations for electric vehicles could be set up in Hungary in the coming year, in addition...

European hotel investments in Hungary reach over €3.74b in Q1 of 2015

BUDAPEST: European hotel investments reached €3.74 bln in the first quarter of 2015, more than double the Q1 2014 volumes...

Portugal gets 3 bids in TAP airline privatization

LISBON: The Transport Secretary Sergio Monteiro said on Friday that Portugal's government has received three bids for the struggling state-owned...

Over $18m loan to help GAM for solid waste project

AMMAN: Greater Amman Municipality signed a $18million soft loan agreement with the European Bank for Reconstruction and Development (EBRD) to...

GAM 2nd stage cost to reach at JD8.147m for BRT

AMMAN: The Greater Amman Municipality (GAM) will start working on the second package of the Bus Rapid Transit (BRT) at...

King Abdullah inaugurates new solar power plant with capacity of 5.6MW