New Zealand traders need to become more active and engaged in trading with China, according to the head of the New Zealand China Trade Association (NZCTA). NZCTA chairman Stuart Ferguson dismissed perceptions that China was a "difficult" place to do business. "The future is clearly written on the wall we have to trade with China and it's a good place t...
Australia's trade balance turned back to a surplus in March, Australian Bureau of Statistics data showed on Tuesday. The figures showed that the nation posted a seasonally adjusted trade surplus of 1.9 billion U.S. dollars in March, compared with a revised deficit of 95.5 million U.S. dollars in February. The surplus is wider than analysts' expectatio...
Petrobras was ranked first in a new listing of the most valuable brands in Latin America, with an estimated brand value of 13.4 billion U.S. dollars. The Brazilian oil and gas giant was followed by Mexican mobile firm Telcel with a brand value of 11.55 billion dollars, and Brazilian bank Itau with a brand value of 9.6 billion U.S. dollars, according to th...
The Chinese Ministry of Commerce (MOC) announced on Monday that it will continue to impose anti-dumping measures on chloroprene rubber imported from Japan, the United States and the European Union for another five years. The extended anti-dumping measures will take effect beginning Tuesday with a term of five years, according to a statement on the MOC's ...
The Vietnamese Ministry of Industry and Trade (MIT) should perfect its legal framework, policies and mechanism to meet the country's demands for development, Vietnamese Prime Minister Nguyen Tan Dung said during the 60th anniversary of the MIT here on Monday. Dung said the sector should continue to exert their best to achieve the goal of turning the coun...
The Great Eastern Shipping Company (GE Shipping) has recorded lower revenue and net profit for the financial year ended 31 March 2011 due to pressures from depressed freight rates especially during its fourth quarter. The India-based firm registered net profit of Rs4.69bn ($105.22m) for the year compared to IRs5.13bn in the previous year, it announced. R...
Malaysia's exports hit a new high of 64.06 billion ringgit (21.35 billion U.S. dollars) in March 2011, up 7.8 percent year on year, said its trade ministry here on Friday. The Malaysian International Trade and Industry Ministry said in an announcement that the exports growth was mainly attributed by higher exports of electrical and electronic products, r...
South Korea and Japan are scheduled to hold next week working-level talks aimed at restarting negotiations for a bilateral free trade agreement (FTA), the trade ministry here said Friday. The talks, to be held next Monday in Seoul, will center on issues including conditions for resuming the stalled negotiations and non-tariff barriers, according to the mi...
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