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Singapore shipping executives urge Customs to be streamlined for smoother trading
SINGAPORE — While the One Belt, One Road initiative will lead to greater world trade and benefit the current flagging...
Malaysia police seize 35kg of heroin worth RM2.8m
KUALA LUMPUR: A Pakistani drug syndicate, using Malaysia as a transit point, was busted with the seizure of 35kg of...
Subaru updates its WRX, WRX STI performance models for 2016 model year
SYDNEY: Subaru has updated its WRX and WRX STI performance models for the 2016 model year in Australia, bringing new...
Spain authorities seize 1.5 tonnes of cannabis resin
MADRID: Authorities in Gibraltar seized 1.5 tonnes of cannabis resin, while in neighbouring Spain police raided an illegal plantation with...
Kuwait’s Gulf Insurance net profit jumps 23.4% to $24.8m in H1
KUWAIT: Gulf Insurance Group (gig) announced a net profit of KD 7.5 million (US$ 24.8 million) for the first six...
Milaha net profit jumps 26% to QR651m in H1
DOHA: Qatar Navigation (Milaha) delivered a net profit of QR651m for the first half of 2015 (H1, 15), an increase...
John Keells Hotels net profit jumps 2% to Rs.130.8m in 1Q
COLOMBO: The hospitality arm of premier blue chip John Keells Holdings PLC, John Keells Hotels PLC saw its net profits...
Indonesia fashion retailers project higher revenue in H2
JAKARTA: Fashion retailers in the country are projecting higher revenues in the second half of this year, buoyed by the...
Taiwan Customs seizes four brown bear furs
TAIPEI: Customs officials at Taiwan Taoyuan International Airport seized four brown bear hides allegedly found in the luggage of a...
Italy trade delegation to visit UAE soon
DUBAI: A large number of Italian companies will visit the UAE to meet local businessmen in order to discuss increasing trade...
New zealand exports to China reach $699m in June 2015: NZ statistics
BEIJING: Goods exports to China rose $20 million from June 2014 to reach $699 million in June 2015, Statistics New...
German exports to Russia slump 34% to 4.4b due to sanctions
MOSCOW: German exports to Russia slumped by 34 percent in the first five months of the year to 4.4 billion...
Japan stocks end weaker, Nikkei 225 slips 0.95%
TOKYO: Japan stocks were lower after the close on Monday, as losses in the Transportation Equipment, Financial Services and Power...
Samsung monitor can wirelessly charge smartphones, other mobile devices
SEOUL: Samsung Electronics thinks it can help unclutter your home with a monitor that can wirelessly charge smartphones and other...
Bangladesh border force seizes contraband truck
AGARTALA: A truck loaded with Bangladesh-bound contraband worth millions was detained by the Border Security Force (BSF) in Agartala, Tripura,...
Oman’s cement comp. profit down 40% to OMR5.44m in Q1 of 2015
MUSCAT: Doubling of the natural gas price from January this year has substantially pulled down the net profit of Oman...
Taiwan’s CGA seizes contraband goods worth NT$2m
TAIPEI: The Coast Guard Administration (CGA) busted an alleged smuggling ring in the outlying island of Kinmen here the other...
Medicinal products import surge 6.15pc to US719 million in 8 months
ISLAMABAD: The import of medicinal products into the country witnessed an increase of 6.15 percent during the eight months of...
Businessmen rap imposition of 8pc withholding tax on ‘revenues’ in service sector
LAHORE: The businessmen from the service sector have termed the eight percent un-adjustable withholding tax on “revenues” from July 1,...
Jamaica Shipping Association says Customs Act amendment is anti-trade
KINGSTON: Local shipping interests have thrown the combined weight of their support behind comments attributed to chairman of Jamaica’s Trade...
