Nepali government has lifted the ban on the import of gold and silver, The Himalayan Times reported on Wednesday. "The ban on import of gold and silver has been lifted from Tuesday," said Purushottam Ojha, Secretary at Ministry of Commerce and Supply (MoCS). "Commercial banks are the only institutions authorized to import these metals and the domest...
CHINA's Inner Mongolia has recovered to the pre-recession level with the trade cargo handling volume some of its border checkpoint breaking records, Xinhua reported. Erenhot, the largest overland checkpoint on the Sino-Mongolian border, registered a trade volume of 6.9 million tonnes from January to October, up 37.2 per cent year on year, surpassing th...
Foreign-funded companies will no longer be exempted from city maintenance and construction taxes beginning Wednesday in a decision by the Chinese government. China will begin collecting city maintenance and construction taxes and education-supporting taxes from foreign companies, and individuals with commercial interests in the country, effective Dec. 1...
China is levying two taxes on foreign companies, marking the beginning of a standard national tax treatment for foreign and Chinese enterprises. China will charge foreign firms with operations here two additional taxes (a construction tax and education surcharge) in a measure taking effect Wednesday, according to a State Council announcement in late Nov...
The Purchasing Managers Index (PMI) of China's manufacturing sector rose to 55.2 percent in November, up 0.5 percentage points from October, the China Federation of Logistics and Purchasing said Wednesday. The figure marked the 21th straight month that the index was above the boom-and-bust line of 50 percent. The PMI includes a package of indices t...
China's COFCO, the largest oils and food importer and exporter in China and a leading food manufacturer, on Tuesday afternoon expresses its interest to invest in rice exports and tourism in Cambodia. "We are very interesting in rice exports from Cambodia and hotel industry in Cambodia,"Yang Hong, vice president of China Oil and Foodstuff Corporation (C...
Luxury condominiums prices here have continued to rise this year but a new rule may soon tie developers' hands, local media reported on Tuesday. Till now, many have picked their time to launch developments when sentiments are good and decent prices can be charged. But under the rule changes expected to kick in early next year, they may lose this luxury...
Singaporeans spent about 689 million (526 million U.S. dollars) online last year -- 15 times more than 1999, local daily The Straits Times said on Tuesday. And this year's sum is expected to exceed 716 million Singapore dollars (546 million U.S. dollars), according to numbers compiled by market research firm Euromonitor International said. It deriv...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi