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With receiving a 6.9-billion-U. S.-dollar repayment Tuesday from American International Group, Inc. (AIG), the U.S. government has recovered 70 percent of total Troubled Asset Relief Program (TARP) disbursements, said the U.S. Treasury Department on Tuesday. The Treasury said that Tuesday's repayment from AIG brought total TARP repayments and income to 2...
South Korea's imports of U.S. beef rose drastically 81.5 percent to reach 20,340 tons in the first two months of this year, largely due to the country's severest outbreak of foot-and-mouth disease that has devastated its livestock industry, industry data showed Tuesday. According to the data from the U.S. Meat Export Federation, South Korea imported 11,...
Pakistan agreed to discuss frameworks that would facilitate trade and economic relations between Pakistan and Tajikistan to provide latter an easy access to its ports, especially to its southwestern Gwadar Port, local media reported Tuesday. Pakistani president Asif Ali Zardari on Monday night said this to visiting Tajik President Emomali Rahmon. "We are ...
Myanmar authorities have suspended export of poultry products to Saudi Arabia following bird flu re- struck Myanmar last month, according to the Livestock Breeding and Veterinary Department (LBVD) Tuesday. The export of chicken and eggs from Myanmar to Saudi Arabia have also been temporarily prohibited by World Organization For Animal Health. Registerin...
CANADA's Cargojet posted profits of C$4 million for 2010 (US$4.12 million), down from C$8.2 million a year earlier, on higher revenues of C$156.2 million, up from C$143.6 million in 2009. The overnight air cargo provider's fourth quarter profits shrunk to C$500,000, compared to C$3.8 million for the same period in 2009. Weaker earnings were due to boo...
JIANGSU provincial trade value to Taiwan stood at US$35.5 billion in 2010, up 46.6 per cent over 2009 under the Economic Cooperation Framework Agreement (ECFA) between Taiwan and mainland China. The ECFA tariff preference scheme for Jiangsu's imports from Taiwan is expected to reach over $30.7 million this year, reports Xinhua. The province's export...
PHILIPPINES' International Container Terminal Services Inc (ICTSI) has announced a 79 per cent increase in net profit to US$98.3 million in 2010 compared to the $54.9 million earned last year. Its 2010 revenue from port operations reached $527.1 million, rising 25 per cent over last year's $421.7 million. Revenue from the company's six big terminals...
Chicago grains tumbled on Monday, as investors worried that the surging oil prices would affect economic recovery and thus, dampen global grain demands. The most active corn contract for May delivery closed at 7.1075 U.S. dollars per bushel, down 10.5 U.S. cents, or 1.5 percent. May wheat shed 31.5 cent, or 3.8 percent, to 8.0075 dollars per bushel. May s...
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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