Statistics Lithuania reports that according to non-final data obtained from customs declarations and Intrastat reporting data, exports in January–November 2008 totalled LTL 51.9 billion in terms of commodity value, while imports to Lithuania equalled LTL 67.3 billion. The foreign trade deficit of Lithuania made LTL 15.4 billion and was by 8.9% lower ...
Sino-US trade has seen drastic fall since the second half of last year because of the global financial crisis, the president and CEO of the US Chamber of Commerce said Tuesday. And it will keep sliding in the first half of this year, Thomas J. Donohue said during his visit to China. But the two countries will be back doing well in 2010 after se...
Shanghai needs to push investment in infrastructure, expand domestic consumption and aid threatened enterprises as it strives to help its citizens and businesses survive the global economic downturn, Mayor Han Zheng said Tuesday. Speaking at the annual session of the Shanghai People's Congress, Han noted that city government will work to create 500,000...
Exports fell two months in a row for the first time in a decade, reflecting the impact of the global financial crisis on the workshop of the world. According to Customs figures, to be released today, exports in December dropped 2.8 percent year-on-year, after falling 2.2 percent in November. Imports in December dropped, too, to 21.3 percent year-on-...
Southwest China's Tibet Autonomous Region posted a strong growth of foreign trade in 2008, exceeding 500 million U.S. dollars for the first time, despite the impact of the March 14 riot in Lhasa and the global recession. In the first eleven months, the autonomous region did 536 million U.S. dollars worth of foreign trade, a year-on-year rise of 54 per...
The China Banking Association, together with related institutions, held a forum in Beijing on January 10 to summarize the experiences and lessons learned from the global financial crisis and to further raise social awareness of the important role credit ratings do play in the financial market. The discussions on the forum were mainly on the status and ...
Nepal desperately needs investment from countries like its neighbor China, especially at a time when the world is undergoing an economic recession, said Nepali Finance Minister Baburam Bhattarai. Addressing a high level roundtable financial meeting focused on attracting Chinese investments in Kathmandu on Sunday, Bhattarai assured an economic revoluti...
Singapore Exchange Limited (SGX) Monday announced new measures to provide listed issuers greater flexibility in raising funds through the rights issue framework. The SGX said in a statement that it will reduce exposure period for rights issue by accepting confidential submissions for all rights issue applications prior to announcement. Currently,...
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