Korea logs first deficit for diesel vehicle trade
SEOUL: Korea posted the first deficit ever for diesel car trade in 2015 on rising imports, industry data showed Monday....
Taiwan’s property transactions up more than 10% in north
TAIPEI: Residential and commercial property transactions in northern Taiwan rebounded last month, rising more than 10 percent from a month...
Govt ready to clear $6.5 bln of Iran’s oil dues
TEHRAN: Keen to step up engagement in the hydrocarbon sector with Iran, India has conveyed to the Persian Gulf nation...
Korea, Iran boost business ties
TEHRAN: The economic outcome of President Park Geun-hye’s landmark state visit to Iran is expected to be worth $45.6 billion,...
Citi Indonesia posts Rp 633 billion profit
JAKARTA: Citi Indonesia recorded Rp633 billion ( US$48 million ) in net profits in the first quarter this year, a...
Saudi Arabia’s ICT spending to reach SR43.7b by 2020
JEDDAH: Saudi Arabia is the largest economy within the GCC and home to some of the most prominent companies in...
Qatar’s listed firms’ net profits at QR10.8bn
DOHA: The combined net profits of Qatar’s publicly traded firms stood at QR10.8bn for the first quarter of this year...
Kuwait real estate market Q1 sales down 18%
KUWAIT: Heightened oil market volatility, combined with wider fiscal deficits and potential hikes in utility charges and fees, all seemed...
Kenya to ban imports of low quality leather
NAIROBI: Public Diplomacy & Regional Security News. Kenya said on Saturday it plans to put in place stringent rules to...
VAT-free imports kill domestic production
KATHMANADU: Manufacturer of electric rickshaws Hulas Motors has said that the government’s decision to exempt imports from value added tax...
Malaysian police seize 1.4kg of meth worth RM110,000
TAWAU: Police arrested two Indonesian men and seized 1.4 kg of drug, believed to be methamphetamine worth RM110,000, the second...
Hong Kong Customs seizes 1kg of suspected meth worth $340k
HONG KONG: Hong Kong Customs yesterday arrested a 47-year-old woman in Tin Shiu Wai who was carrying a parcel of...
Frasers Hospitality Trust’s revenue rises 12.5% to $27m in Q2
SINGAPORE: Strong tourism growth in Australia and Japan boosted Frasers Hospitality Trust's results in the second quarter. The hotel and...
‘Beverley Hills of Britain’ residents pay UK’s highest income tax, say experts
LONDON: People living in Elmbridge - the so-called "Beverley Hills of Britain" - are paying the highest amount of income...
Russian consumer confidence falls to historic lows
MOSCOW: Consumer confidence in Russia fell to 63 points in the first quarter of this year on Nielsen's Consumer Confidence...
Port operator to distribute first dividends in 2017
LONDON: Phnom Penh Autonomous Port (PPAP), which debuted on Cambodia’s stock market last December, announced that it will hold off...
US Customs expands Global Entry Enrollment Center Hours at Pittsburgh International Airport
PITTSBURGH: U.S. Customs and Border Protection (CBP) and Allegheny County Airport Authority today announced the temporary extension of CBP Global...
Singapore builds new container port
SINGAPORE: Singapore, the world’s second-busiest container port, has started building a harbour to double the island-city’s capacity to meet growing...
China’s trade volume with Cambodia up 18% last year
PHNOM PENH: Trade volume between China and Cambodia was valued at $4.4 billion in 2015, an 18-percent increase year-on-year, Chinese...
Cargo vessel owners reinforce strike at ports
WASHINGTON: Because of what they said inability to pay according to the "illogical wage hike," cargo vessel owners today declared...
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