International Customs

JAKARTA: Major property group Ciputra Development saw its marketing sales up by nearly 30 percent year-on-year (yoy) to Rp 1.74...

Cheap oil gives Japan 1st trade surplus in nearly 3 years

TOKYO: Japan posted its first monthly trade surplus in nearly three years in March thanks to falling import costs from...

Dutch bank SNS Reaal suffers net loss of 712m euros in 2014

AMSTERDAM: SNS Reaal suffered a net loss of 712 million euros in 2014, the nationalized bank announced this morning. The...

Kuwait DCGD nabs Bangladeshi smuggler with 2kg heroin

KUWAIT: Drug Control General Department officers arrested a Bangladeshi man with possession of two kilograms of heroin. The man was...

Qatar’s Woqod net profit jumps 3.5% to QR237m in Q1

DOHA: The demand for petroleum products rose 14.7 percent to 1,870 million litres in the first quarter (Q1) of this...

EU regulators take Germany to court of justice over Hamburg coal plant

BERLIN: EU regulators have referred Germany to the EU Court of Justice over a failure to look into alternative cooling...

Qatar’s Doha Bank posts 5.2% to QR420m profit in Q1

DOHA: Sheikh Fahad bin Mohammad bin Jabor Al Thani, Chairman of Doha Bank, announced the financial results for the first...

German customs seizes 257kg cocaine worth $17.9m in peanuts shipment from Argentina

BERLIN: German customs authorities say they have found 257 kilograms (567 pounds) of pure cocaine in a shipment of peanuts...

S. Korea’s economy 0.8 percent on-quarter in January-March period

SEOUL: South Korea s economy picked up momentum in the first quarter due to increased construction and consumer spending, the...

Taiwan export orders jump 1.3% to $38.43bn: MOEA

TAIPEI: Taiwan’s export orders rose 1.3 percent annually to US$38.43 billion last month, as sluggish demand from China offset strong...

EU court of justice revises down LG’s fine to €210m for price-fixing

BRUSSELS: The Court of Justice of the EU (CJEU) dismissed the company’s appeal against a previous ruling by the EU’s General...

Nepal agrees to provide preferential treatment to 50 Bangladeshi items

KATHMANDU: Nepal agreed to provide preferential treatment to 50 Bangladeshi items at the two-day bilateral talks which began on Wednesday....

HK woman smuggler held at Shenzhen border with HK$1.9m in banknotes

HONG KONG: A Hong Kong woman was arrested at a Shenzhen border checkpoint after mainland customs officers found more than...

Bulgarian premier changes customs, revenue agency merger decision

MOSCOW: Bulgaria's Customs Agency and its National Revenue Agency will not merge into a "super-body", according to Bulgarian Prime Minister,...

Saudi customs holds meeting with Bahraini counterpart

RIYADH: President of Customs Affairs, Shaikh Mohammed bin Khalifa Al Khalifa, has met General Director of Saudi Customs and Chairman...

Mexico plans to expand ports along Gulf coast

MEXICO CITY: Mexico's top port official expects energy sector reforms to fuel a surge in growth at ports along the...

Venezuela’s oil minister visits Saudi Arabia, Iran in OPEC diplomatic tour

CARACAS: Venezuela’s oil minister led a delegation in meetings with Saudi Arabian officials, following talks in Iran, in an OPEC...

Venezuela exports 2.4-2.5m barrels oil per day: PDVSA

CARACAS: OPEC member Venezuela is currently exporting between 2.4-2.5 million barrels per day from national crude production of around 2.85...

Venezuela owes int’l suppliers $10 billion due to hard currency allocation

CARACAS: Venezuelan importers and private companies have racked up arrears of around $10 billion with international suppliers due to delays...

Garlic becomes major vegetable export in Argentina