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South Korea's parliamentary trade committee passed Thursday a two-way trade pact with the European Union, clearing a hurdle for the bill's ratification, local media reported. Members of the committee on foreign and trade affairs approved the trade bill 17-2, with six abstentions, according to reports. The ratification motion, submitted to the parliame...
Ayala Land Inc. (ALI), the Philippines' largest real estate company, has started construction on its first ever project in China in the northern city of Tianjin. A foundation laying ceremony was held Thursday for the housing project, covering an area of 97,600 square meters, in the Sino-Singapore Tianjin Eco-city in the port city of Tianjin. The reside...
The State Council, or China's cabinet, released new regulations on Thursday that will benefit the country's privately-owned businesses in an effort to further promote their role in boosting economic growth and employment. The "Regulations on Individual Businesses," which will become effective on November 1, were approved by the State Council on March 30...
US GLOBAL package delivery company United Parcel Service (UPS) has reported a first quarter year-on-year net profit increase of 66 per cent to US$885 million, drawn on revenues of $12.58 billion. Domestic trade was up 6.2 per cent and international volume increased 9.9 per cent. Supply chain and freight revenue was up 7.6 per cent to $2.14 billion, report...
MANZHOULI customs recorded a steel export volume of 10,000 tonnes in the first two months, surging 330 per cent year on year, valuing US$10.9 million, increase 350 per cent, Xinhua reports. Steel exported under common ways of trade weighed 9,000 tonnes, increased by a sharp 590 per cent. Those under way of petty border trade weighed 1,000 tonnes, up 14.6...
South Korea's parliamentary trade committee passed Thursday a two-way trade pact with the European Union, clearing a hurdle for the bill's ratification, local media reported. Members of the committee on foreign and trade affairs approved the trade bill 17-2, with six abstentions, according to reports. The ratification motion, submitted to the parliame...
Chinese telecom gear maker Huawei Technologies has already kicked off the production of optical network transmission equipment in a plant in Chennai of South India, said Justin Chen, CEO with Huawei Technologies India Pvt. Limited on Wednesday night. Chen said the plant also would manufacture wireless network equipments in the future while refraining from...
The Shanghai Auto Show 2011 is set to conclude on Thursday with a "good harvest" for luxury brands, such as Rolls-Royce, Bentley, Ferrari, Lamborghini and Maybach. The most eye-catching car was perhaps Aston Martin's One-77 from the United Kingdom. Five cars of this luxury model, which reportedly numbers only 77 worldwide, were provided especially for th...
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
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