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Canadian Industry Minister Tony Clement said Wednesday that he is the one to decide if the proposed merger between TMX Group Inc., owner of the Toronto stock exchanges, and the London Stock Exchange (LSE) will get approval or not based on Canadian foreign investment law. Clement made his remarks to reporters outside a Conservative Party caucus meeting on ...
Philippine export earnings in January rose 11.8 percent to 4 billion U.S. dollars, fueled by strong exports of electronic products. The National Statistics Office reported Thursday that revenues from export of electronic products - the country's top export earner increased by 5.3 percent year on year to 2.14 billion U. S. dollars in January. Earnings f...
Vietnam's cashew nut export revenue hits 154 million U.S. dollars in the first two months, posting a year-on-year rise of 43.8 percent, according to a report by Vietnamese General Statistics Office on Thursday. The country exported some 22,000 tonnes of cashew nuts in the first two months this year, up 6 percent year-on-year, said the report. This year...
A memorandum of understanding on green growth cooperation between Cambodia and South Korea's Global Green Growth Institute (GGGI) was inked here on Thursday in a bid to develop Cambodia with the consideration of environmental sustainability. The MoU was signed by Mok Mareth, Cambodian minister of environment, and the GGGI's Chairman Han Seung-soo,...
MAERSK Line and Safmarine are to launch an Intra-Europe liner company, called Seago Line to work in the Black Sea cluster covering all Europe, the Baltic Sea and the Mediterranean. The introduction of Seago as a common feeder service adds to APM-Maersk regional carriers, which serve in intra-regional cabotage: MCC Transport (intra-Asia), OACL (South Afric...
TRANSPACIFIC start-up, The Containership Company (TCC), which launched no-frills transpacific port-to-port shuttle a year ago has posted a pre-tax loss of US$7.4 million on full-year revenue of $83.8 million. Losses were blamed on increased competition on eastbound trades skewering freight rates alongside cargo volumes plummeting. Despite rising equipm...
Starbucks Corp, the world's largest coffee chain by sales, on Tuesday said it will expand its business in China by opening more outlets in second- and third-tier cities and bring in new product lines to seize the instant-coffee market. "We will open 1,500 stores in China by 2015. Kunming in Yunnan province and Hefei in Anhui province are among the...
China is capable of keeping inflation around 4 percent this year if the central government's policies are well implemented, China's former chief statistician said on Tuesday. "The abundant supply of farm produce is key to curb inflation. We should take all necessary measures to increase agriculture production," said Li Deshui. Bank lending should focu...
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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