International Customs

MOSCOW: The customs service said that Russian imports were valued at $28.98 billion, down 36.9 percent in first two months,...

Norway oil company to pay $2 million settlement to avoid legal action

OSLO: A Norwegian oil company that illegally operated a well on federal property in North Dakota has agreed to pay...

285 million euros profit expected: Dutch ING Groep NV raises $2m in Voya financial Inc exit

AMSTERDAM: ING Groep NV, the biggest Dutch bank, raised $2 billion stake in Voya Financial Inc., ending a U.S. insurance...

Germany to pay Airbus $690 million in loans until 2031 for new Jet

BERLIN: Germany has agreed to pay Airbus €623 million ($690 million) in loans from Germany for the new Airbus A350...

ECB likely to approve €1tr stimulus programme to boost eurozone growth

BRUSSELS: The European Central Bank will press the button on Monday on a €1.1tn stimulus programme that will play a...

Petrol up by €1.39, diesel €1.28: Labour Party points out 5th consecutive rise for fuel prices in Europe

BRUSSELS: Labour Party points out fifth consecutive rise in fuel prices across Europe while prices in Malta dropped by 7c....

HK, Singapore Customs implement MRA to promote int’l supply chain security

Hong Kong: The Hong Kong-Singapore Mutual Recognition Arrangement (MRA) on the Authorized Economic Operators (AEOs) will become operational with effect...

Russia’s Uralkali to spend $4.5 billion to raise capacity by 30%

MOSCOW: Russia's Uralkali will spend $4.5 billion to raise potash (crop nutrient) production capacity by 30 percent in next five...

Customs duty on oil supports Belarus’ gold, forex reserves

MOSCOW: Belarus' gold and foreign exchange currency reserves were supported by revenues from customs duties on oil products. The gold...

Malaysia Anti-smuggling Unit clutches 53 illegal immigrants

PADANG BESAR: The Anti-Smuggling Unit (UPP) in Padang Besar apprehended 53 illegal immigrants believed to be from Bangladesh and Myanmar...

Indonesia to regain poultry exports to Japan after a decade

JAKARTA: Indonesia will begin exporting processed poultry to Japan in few weeks, the first in a decade. Japan had banned...

UN human rights agency demands Indonesia to suspend executions of drug smugglers

JAKARTA: Indonesia's determination to put drug offenders to death has lately inspired a chorus of opposition from the international community,...

Qatar’s QFC changes tax loss rules

DOHA: The Qatar Financial Centre (QFC) announced here the other day that it has amended its legislation to allow cash...

Afghanistan to sign transit agreement to use Chabahar port of Iran

KABUL: Afghanistan expected to sign a transit trade agreement for using Chabahar port of Iran as alternative trade route. Afghanistan...

Kuwait authorities destroy 6,545 cartons of smuggled liquor bottles

KUWAIT CITY: Some 6,545 cartons of imported liquor confiscated in line with Ministerial Decision No. 1229/2012 were destroyed upon court...

Kuwait Airport Customs seizes two bottles of illicit whisky, 1kg marijuana; nabs American, Asian

KUWAIT CITY: Kuwait Airport Customs officers arrested an American and Asian in two separate cases, with marijuana and two whisky...

Oman to participate Xiamen International Stone Fair in China

MUSCAT: Six Omani marble and stone producers to exhibits at Xiamen International Stone Fair in China from 6 to 9...

GST crackdown: Malaysia Customs fines RM3.8m over 200 businesses

JOHOR BARU: A total of 219 companies and traders have been slapped with compounds totalling RM3.28 million for failing to...

Gothenburg Port to export Volvo cars to Russia, China

MOSCOW: Vice President, Sales and Marketing at the Port of Gothenburg, Claes Sundmark, said that Port of Gothenburg will export...

Taiwan plans to impose duty on online purchase goods