South Korea and Malaysia are set to launch a one-year joint study on feasibility of a bilateral free trade agreement (FTA), the foreign ministry said Friday. The two countries agreed in January to conduct the feasibility study after the leaders agreed in a summit last year to substantially expand bilateral economic ties, according to the ministry. South...
Brazilian President Dilma Rousseff presented her German counterpart Christian Wulff with investment opportunities in Brazil's infrastructure sector here Thursday at the Planalto Palace, the presidential headquarters. Rousseff said that Germany is an important partner of Brazil in terms of investment as 1,200 German companies are operating in the country....
Air cargo throughput via Hong Kong in April fell 9.3 percent from a year earlier, data from Hong Kong Air Cargo Terminals Ltd (Hactl) showed. Cargo exports and imports from the city in April decreased 11.6 percent and 6.4 percent, respectively from a year earlier, reported Reuters. Because of the earthquake and tsunami and subsequent nuclear crisis, imp...
The second meeting of the Contact Group on Libya concluded here Thursday with shared calls to end the violence in the unrest-torn North African country and strong statements of solidarity among the participants. However, much of the heavy lifting is left to the next round of talks to take place in Abu Dhabi. The centerpiece accomplishment at Thursday's...
Indonesian Forestry Minister Zulkipli Hasan and Trade Commissioner of European Union (EU) Karel de Gucht are to issue a joint statement on the final result of negotiation for Voluntary Partnership Agreement (VPA) on Forest Law Enforcement Governance and Trade, a release from Indonesian Trade Ministry said here on Thursday. The VPA accommodated the Timber ...
German industrial giant Siemens on Wednesday raised its profit forecast for fiscal 2011 to at least 7. 5 billion euros (about 11.1 billion U.S. dollars) due to the strong growth in the second fiscal quarter in 2011 ended in March. "We've achieved outstanding, broad-based orders growth. We're raising our earnings forecast for fiscal 2011 to at least 7.5 ...
After 10 years of fast growth, venture capital (VC) and private equity (PE) funds are booming in China, posing growing opportunities and risks, top international VC/PE managers said Wednesday at the 6th China Venture Capital & Private Equity Forum here. "Ten years ago, the VC and PE market (in China) was very small and limited, but today it has grown ...
Colombian President Juan Manuel Santos welcomed the news here Wednesday that the U.S. government has notified Congress of its consideration to ratify a bilateral Free Trade Agreement (FTA). For a very long time, this has been something they had been waiting for, Santos said at a military event in Bogota, adding that during the last meeting with President ...
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