Trade News

Dollar Trades at Upper 107 Yen Level in Tokyo Jun 13, 2008

The U.S. dollar traded at the upper 107 yen level early Friday in Tokyo. At 9 a.m., the dollar traded at 107.89-94 yen against Thursday's 5 p.m. quotes of 107.92-108.02 yen in New York and 107.50-52 yen in Tokyo. The euro was quoted at 1.5445-5450 dollars and 166.68-73 yen against late Thursday's quotes of 1.5433-5443 dollars and 166.62-72 yen in ...

Bangladesh's Garment Exports Grows 15 Pct in 10 Months Jun 13, 2008

Bangladesh's garment export in the first 10-month of the current fiscal year (July 2007-June 2008) marked on average a healthy 15 percent growth over the same period of the last fiscal. According to statistics of Bangladesh's Export Promotion Bureau (EPB) released Thursday, the country exported garment items including knitwear and woven worth 9.58 bil...

EU Reduces Licensing Requirements for Agricultural Trade Jun 13, 2008

The European Commission decided on Thursday to significantly reduce the number of agricultural products that are subject to an import or export license. The European Union (EU)'s executive arm said the move was part of its drive to simplify the Common Agricultural Policy (CAP) by cutting red tape for both business operators and national administration...

Inflation to Cause Global Recession: U.S. Conference Board Jun 13, 2008

Slower growth is spreading around the world with inflation being main threat to causing global recession, U.S. Conference Board said Thursday in New York. Vice President and Chief Economist of U.S. Conference Board Bart van Ark told a press briefing that with U.S. consumer confidence hitting the lowest level since 1992, and employment trends index sho...

Prices of Chinese-made Vehicles down 2.78% on Gov't Cutback Jun 13, 2008

The price of domestically-made vehicles in China in May decreased 2.78 percent compared to the same period a year earlier, according to figures revealed Thursday by the price monitoring center under the National Development and Reform Commission. The survey, covering 36 big- and medium-scale cities nationwide, showed the price of the average domestica...

Mawei looks for growth to 'free trade garden' Jun 12, 2008

Mawei district of Fuzhou is a prosperous land in the capital of Fujian province that is building itself into a "free trade garden." The 296 sq km district is home to about 150,000 people - as well as the Fuzhou Economic and Technological Development Zone, a port directly linked to Taiwan, and a culture deeply rooted in shipping. The economic zone in...

Historic tourism sites shipshape Jun 12, 2008

Mawei was a quiet town for thousands of years until about 150 years ago, when it came to be known as the cradle of the Chinese navy. Here in 1866, famous officials Zuo Zongtang and Shen Baozhen from the Qing Dynasty (1640-1911) set up the Fujian Shipping Administration in their campaign to learn from the West. The two then developed a shipyard, buil...

Ships link kinship across Straits Jun 12, 2008

Passenger ships between Mawei district and Matsu Island have for years been a shortcut for visits between compatriots across the Taiwan Straits. Only 16 nautical miles separate Mawei in Fujian province and Matsu in Taiwan across the Straits. The two regions share both culture and kinship. More than 170,000 people have crossed the Straits on a passen...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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