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The People's Bank of China, the country's central bank, reiterated Friday it would continue to implement a prudent monetary policy this year. The central bank will measure the financial sector's support for the country's economy by the indicator -- total social financing, it said in an abstract of 2011 China Financial Stability Report posted on its ...
Vietnamese Prime Minister Nguyen Tan Dung released his evaluation report on Friday after government's regular monthly meeting, praised initial results of the implementation of the government's resolutions on curbing inflation and stabilizing macro-economy in the first five months of 2011. The report said after the government's measures on tightly con...
South Korea's Cabinet approved Friday a ratification bill on a free trade accord with the United States that was temporarily withdrawn from parliament for translation errors. The newly endorsed bill fixed translation errors in the Korean text and included supplementary agreements Seoul and Washington reached last December over auto trade. South Kor...
DUBAI Trade and the National Association of Freight and Logistics (NAFL) have been discussing plans for an alliance aimed at further growing the freight forwarding and logistics industry in the UAE. At an open forum, Dubai Trade and the NAFL talked about possible synergies in fields that have direct impact on the local freight forwarding community, such a...
China's AVIC Xi'an Aircraft Industry (Group) Co. confirmed on Thursday that it will deliver eight Y-8 commercial aircraft to Venezuela. The aircraft will all be delivered to the country by August 2012, a company official said. The official added that due to customer demands, the planes will undergo several changes before being delivered, including cha...
Canada and Russia on Thursday signed here a joint ministerial statement to strengthen bilateral trade relations. The statement was signed by Canadian International Trade Minister Ed Fast and Russia's first deputy Prime Minister Viktor Zubkov at the conclusion of the 8th Canada-Russia Intergovernmental Economic Commission (IEC) session in Ottawa. In add...
South Korea's oil product exports surged 74 percent on-year in April due to growing demand from Asian nations, a government report showed Thursday. Overseas shipments of oil products, including gasoline, diesel, kerosene, naphtha and Bunker-C oil, reached 5.15 billion U.S. dollars in April, up 74 percent from 2.96 billion dollars a year earlier, the Mini...
Lenovo Group Ltd., China's biggest maker of personal computer, aimed to buy control of Medion AG, a multimedia and consumer electronics maker, to double its market share in Germany, the China Daily reported Thursday. The purchase will be Lenovo's biggest acquisition since it acquired International Business Machines Corp's PC business in 2004. Lenovo ...
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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