Singapore's exports will be hit by weakening demand in the European Union (EU), the country's Trade and Industry Minister Lim Hng Kiang has said. Although Singapore has not been hurt by the sovereign debt crisis in some European economies, the government is monitoring the crisis very closely, Lim said in Parliament, local newspaper The Straits Times r...
IMPORT and export volumes through Inner Mongolia, a Chinese autonomous region, were up 44.5 per cent to 23.4 million tonnes in the first half, reported Xinhua. Inner Mongolia is upgrading inland port infrastructure to increase the trade with Russia, Mongolia and Eastern Europe. This includes highway expansion through border checkpoints in Erenhot, Baoto...
Increased international grain prices are not high enough to raise China' s domestic prices, and the ample domestic supplies will be able to meet the demand this year, China' s economic regulator said on Friday. "Currently, the global grain prices are still much lower than domestic prices. Even if international prices rise steeply, it will not pose a s...
South China's Guangdong Province sold abroad 1.73 billion U.S. dollars worth of ships in the first seven months of this year, an increase of 90.4 percent over the same period of last year, according to the provincial customs house. Of the total, 97.7 percent, or 1.69 billion U.S. dollars worth, were exported in processing trade, up 93.8 percent year on...
South China's Guangxi Zhuang Autonomous Region generated 9.24 billion U.S. dollars in foreign trade in the first seven months of last year, a rise of 36.7 percent over the same period of last year, according to the regional customs house. The total included 3.11 billion U.S. dollars in trade with ASEAN members, up 38.6 percent year on year, 890 million...
Russia's upcoming ban on wheat exports is unlikely to have any serious effect on the Unite Arab Emirates (UAE) as the Gulf nation imports the grain from various countries, the Foreign Trade Ministry said Saturday. The UAE's sources for wheat imports include Canada, Germany, Australia and Argentina, which combinedly provide 89 percent of the country's...
Cambodian Deputy Prime Minister Sok An said that the economic and trade relations between Cambodia and China are very good, in an recent interview with Xinhua. In an recent interview with Xinhua, Sok An said the economic and trade relations between the two countries, which started centuries ago, have been strengthened and expanded significantly in recen...
Despite failing to achieve expected export earnings in the last 2009-10 fiscal year (July 2009 to June 2010), the Bangladeshi Export Promotion Bureau (EPB) has proposed a 18.7 billion U.S. dollars target for exports in the current fiscal (July 2010 to June 2011), which would be a more than 15 percent increase over last year's actual earnings. Export ea...
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