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Indonesia has prepared various programs to mitigate inflation risks as it is aware that inflation rate must be limited at a low and stable level in long term, a minister said here on Tuesday. Finance Minister Agus Martowardojo told a parliamentary plenary session that the government has taken several measures on national rice production facing extre...
Japanese automobile production plummeted a record 60.1 percent from a year earlier in April, due to the shortage of parts and damage to facilities following the March 11 earthquake and tsunami, the Japan Automobile Manufacturers Association (JAMA) said in a report on Tuesday. Production of vehicles dropped to 292,001 in the recording period, from 731,829 ...
New Zealand's agriculture regulator confirmed Tuesday that it was investigating the safety of a brand of infant milk powder that is reportedly being exported to China and being promoted on the trade website, Alibaba. The Ministry of Agriculture and Forestry (MAF) issued a statement from Geoff Allen, MAF compliance and enforcement director on Heitiki infa...
Australian Federal Agriculture Minister Joe Ludwig on Tuesday announced the suspension of live exports to eleven abattoirs in Indonesia, pending an investigation into their treatment of Australian cattle. Australia's livestock industry, LiveCorp, on Friday was handed the video footage filmed by animal activists, which showed the beasts being mistreated i...
A company that imported Chinese powdered royal jelly into New Zealand, and sold it in capsules claiming it was "Made in New Zealand" has been fined 11,400 NZ dollars (9,137 U.S. dollars) for violating the country's Fair Trading Act. Honey New Zealand (International) Limited admitted two charges of breaching the act in relation to the marketing and distri...
MULTI-YEAR service contracts - averaging two years - represent only five per cent of service contracts, if APL's experience is anything to go by. In an interview Newark's Journal of Commerce, Pan American trade vice president Bob Sappio in charge of APL trade to North America and Latin America, said his company's experience showed that the popularity o...
Mexico said Sunday the fifth round of negotiations for forming a single free trade agreement (FTA) with Central America ended with important progress on various issues. The most prominent achievements were made on issues such as market access, the ease of the trade and the technical obstacles to trade, the Economic Ministry said in a statement. There we...
There was a record monthly trade surplus of 1.1 billion NZ dollars (880 million U.S. dollars), or 24 percent of the value of exports in April, Statistics New Zealand said on Monday. "This is the highest monthly surplus ever recorded and the highest in almost 20 years as a percentage of exports," Statistics New Zealand overseas trade manager Neil Kelly sai...
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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