International Customs

TOKYO: Liquefied natural gas (LNG) spot prices for buyers in Japan fell for the fourth straight month in February, dropping...

Mexican Pemex exported 5 million barrels of crude to South Korea

SEOUL: South Korea's GS Caltex Corp has bought Mexican crude for the first time in 25 years to take advantage...

South Korea dept store sales rise 7.1% in Feb

SEOUL: Sales at South Korea's top department stores rebounded sharply in February from the previous month, government estimates showed on...

Afghan envoy seeks to enhance trade ties with Nepal

KATHMANDU: Shaida Mohammad Abdali, the Afghanistan’s to ambassador India and also its non-resident ambassador to Nepal, has said that Nepal...

Rail project to link 2 Thai ports of Pak Bara, Songkhla 2

BANGKOK: Thailand is doing a feasibility study into the proposal for a cross-country railway that will link two ports in...

Thai companies report sales of Bt11.51tr, up 3.61% year on year

BANGKOK: Companies listed on the Stock Exchange of Thailand reported total sales last year of Bt11.51 trillion, up 3.61 per...

Maersk’s new service connects Aqaba to South India, Western Mediterranean

COPENHAGEN: Denmark’s Maersk Line, the world’s largest container shipping company, is promising Jordanian companies faster and easier access to global...

Denmark exports to Germany to rise by 10 billion kroner in 2015-2016

COPENHAGEN: Exports to Germany are expected to rise by 10 billion kroner in both 2015 and 2016, according to the...

Cost of villas, condos, townhouses in Denmark rises by 1.5% in Feb

COPENHAGEN: The cost of villas, condos and townhouses rose by 1.5 percent compared to January – the highest monthly increase...

Belgium, KBC Bank hold talks for €3 million water supply system

BRUSSELS: Government is in negotiations with the KBC Bank of Brussels for taking €3.5 million as supplementary funding for the...

DP World to take full control of 100 hectares container terminal at Liege Port in Belgium

BRUSSELS: DP World will take full control of the planned container terminal at Liège Port in Belgium as it strengthens...

ICB rate cut helps to boost Indonesian exports

JAKARTA: Indonesian commodity producers and economists have hailed the Indian central bank’s rate cut as good for boosting exports from...

Norway $860b wealth fund faces diminishing returns due to low bond yields

OSLO: Norway’s wealth fund, the world’s largest, faces diminishing returns due to low bond yields and should reduce its fixed...

Trade volume jumps by $27b: SK becomes second largest trade partner of Qatar

DOHA: H E Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry, said here the other day that...

$800,000 fine imposed: German ship owner company admits violation of Clean Water Act

BERLIN: The owner of a vehicle carrier ship discharged thousands of gallons last year in Alaskan waters, a hundred-plus miles...

Fall of oil prices: Kuwait real estate sales witness drop in January

KUWAIT: Sales in Kuwait’s real estate market were down in January for the second month in a row to KD...

Switzerland to sign tax deal with Germany to exchange tax information

BERLIN: Switzerland expects in the future to sign a deal with Germany to automatically exchange tax information, Swiss Finance Minister...

Kuwait’s KCB starts auto loan approval project

KUWAIT CITY: Kuwait Credit Bank (KCB) is financial institution wholly owned by the State of Kuwait, specialized in granting social...

Central Board of Direct Taxes meets to review tax collection

NEW DELHI: Central Board of Direct Taxes (CBDT) will hold a meeting with Income Tax department (ITD) to review tax...

Albania, Kosovo join hands to enhance customs cooperation