Tradenews

With the Latest Knowhow, Africa Aims to Explore Opportunities in Rice Production [02 Mar 2009]  
The Deputy Director-General of Africa Rice Center (WARDA), Dr. Marco Wopereis claimed during the two-day STRASA meeting that the rice prices which hurled up to $1000 per ton would help the African nat  ...More
Tags: WARDA     STRASA     IRRI    
Universal Reserve Currency is Gaining Momentum – the US Tries to Nip it in the Bud [25 Mar 2009]  
The US President Barack Obama and his top two economic officials have rejected the Chinese proposal to have a relook at a single international currency as an alternative to the US dollar. Zhou Xiaochu  ...More
Tags: universal reserve currency     kazakh president    
N. Korean Satellite Launch May Deflect ASEAN Summit’s Real Purpose [09 Apr 2009]  
The second phase of the 14th ASEAN Summit and related summits which is scheduled to be held on 10-12 April in the Thai resort city of Pattaya is feared to be used as a platform for discussing the Nort  ...More
Tags: korean satellite     satellite     pattaya    
Rising Sandalwood Demand in China Triggers Illegal Trade [20 May 2009]  
Lately, Malaysia and Indo-Nepal border have become illegal trade corridors for Indian sandalwood owing to increased demand from China. Director General of Malaysian Timber Industry Board, Dr Jalaluddi  ...More
Tags: sandalwood     China     trade    
The EU Likely to Provide Visa-free Travel for Macedonians [26 May 2009]  
According to the European Commission's (EC) assessment report, posted on the official website of the European Stability Initiative (ESI) stated Macedonia had been able to fulfil the required criteria  ...More
Tags: visa     free travel     Eurpoe    
ISA Virus puts the Chilean Salmon Trade in Dire Straits [07 Jul 2009]  
The spread of infectious salmon anaemia (ISA) among salmonid farming population has pushed the Chilean fishing industry to a full-fledged crisis. The industry is confronted with problems including une  ...More
Tags: ISA Virus     trade     Chile    
Saudi Arabian Citizenship for Long-term Expats [14 Jul 2009]  
According to sources, Saudi Arabia is understood to have informed the International Labour Organisation (ILO), the Geneva-based world labour body that it has plans of considering its expats into natur  ...More
Tags: Saudi Arabia     ILO     GCC    
Trinidad and Tobago Hopeful of Trade Deal with Canada [13 Aug 2009]  
During a seminar held at St Augustine, Trinidad and Tobago (T&T), Carl Francis, permanent secretary in the Ministry of Trade and Industry of T&T said the trade partnership with Canada would make the c  ...More
Tags: Canada     FTA     T&T     SAWP    
Ethiopia to be the Cynosure of African Trade [18 Sep 2009]  
The multi-million dollar Africa International Trade Centre which is coming up at Ethiopia's capital, Addis Ababa is expected to transform the country to be the trade hub of the African continent. The  ...More
Tags: Ethiopia     Africa     AEC     EU     AACCSA     AU    
Egyptian Lulav Prices Bring Israel and Gaza Closer [01 Oct 2009]  
The tripling of lulav prices by the Egyptian suppliers during the festive season of Sukkot has forced Israel to allow Gazan exporters to supply lulavim (palm fronds) to fulfil its seasonal demand. Suk  ...More
Tags: Egypt     Israel     Gazan     Jerusalem    
Suriname Hopes to Woo Investors at Caribbean Maritime Meet [14 Oct 2009]  
The 39th General Annual Meeting of the Caribbean Shipping Association (CSA) in Paramaribo, Suriname has well become a platform to attract more business opportunities and improve the rating of the Suri  ...More
Tags: Caribbean    CSA    CARIFORUM    EPQ    CARICOM    
FIFA and SA Allay Fears over World Cup Security [28 Jan 2010]  
The president of South Africa (SA) Jacob Zuma and the FIFA's secretary general Jérôme Valcke at separate occasions informed there was no security threat to the forthcoming football (soccer) World Cup  ...More
Tags: FIFA    SA    South Africa    World Cup    WEF    Germany    
Removal of Ban on Beef Imports by Australia Sets off Dissent [02 Mar 2010]  
Protectionism versus safety took the centre stage of debate between the Rudd administration and the domestic beef industry along with the main opposition while the Australian government declared the r  ...More
Tags: beef import    Australia    FSANZ    Canada    BSE    
India Womens Bill Tied to Population Control and Economic Growth [10 Mar 2010]  
In economic parlance, any entity’s development and growth is judged by its economic capabilities of maximizing returns and minimizing expenditure. Likewise, the proposed Women's Reservation Bill of In  ...More
Tags: India    economy    women    Lok Sabha    Rajyasabha    
Haitians Sceptical about US Re-build Formula [23 Mar 2010]  
Most of Haiti’s population, who are left bereft of their loved ones and homes by the Jan 12 devastation of 7.2 magnitude earthquake is seemed to have woken up to the reality that everything happening  ...More
Tags: Haiti    earthquake    economy    USA    
Saudi Arabia Broadens Business with US on a Grand Scale [29 Apr 2010]  
The ongoing two-day US-Saudi Business Opportunities Forum, a first of its kind, has become a venue for the Saudi kingdom to woo US with investment opportunities worth more than $250bn. A delegation of  ...More
Tags: Saudi Arabia    business    US    NUSACC    
Strike Paralyses SA with More in Store Ahead of World Cup [27 May 2010]  
South Africa (SA) continues to reel under the 'strike' bogey with transport strike nearing end while others surfacing. A likely strike by half of the workers at state-owned power utility Eskom and an  ...More
Tags: SA     World Cup     Strike     Crisis     Eskom    
Nigeria Loses 10 Percent of the GDP to Illegal Maritime Acts [03 Jun 2010]  
A top official from the Nigerian government has informed that the country was losing more than 10 percent of the GDP solely due to illegal maritime activities taking place in the Nigerian waters. The  ...More
Tags: Nigeria     GDP     Trade     PICOMSS     NSA    
Kuwait Out-reaches to South America for Bettering Ties [14 Jul 2010]  
A high profile delegation headed by the Prime Minister of Kuwait Sheikh Nasser Al Mohammed will begin its tour of South America on Wednesday. The three-week trip to nine countries including Antigua an  ...More
Tags: Kuwait     KUNA     Al Sammak     KCCI     GCC     America    
Staunch Trade Ties Do Not Vouch Chinese to Invest in N-Korea [27 Jul 2010]  
A Chinese trade expert in an interview to the Global Times, a Chinese newspaper and arm of People’s Daily told many Chinese companies had lost money while trading and investing in North Korea as the c  ...More
Tags: China     N-Korea     Trade     Investment     Sanctions    
China Okays Iran Sanctions – Yet Holds Trade with Impunity [10 Aug 2010]  
The recent sanctions against Iran hammered out by the US and like-minded countries targeting energy and banking sectors have become more blatantly farcical when China resumed oil trade with Iran even  ...More
Tags: China     Iran     Russia     Oil     Trade     Sactions     Energy    
Salvador Takes Diplomatic Route to Resolve Dominican Export Ban [23 Sep 2010]  
Two senior ministers from El Salvador are touring the Dominican Republic in order to address problems related to the exports with the Caribbean country. The Salvadoran Ministers of Economy, Hector Dad  ...More
Tags: El Salvador     Economy     Dominican Export     Ban    
Thailand Gears up to Enhance Trade with a Democratic Myanmar [13 Oct 2010]  
About 200km Myeik-Mawtaung new road under construction between Thailand and Myanmar will become one of the major features of enhancing cross-border trade between both countries. On Monday, Thai Prime  ...More
Tags: Thailand     Myanmar     Aung San Suu Kyi     NLD    
OPEC So Far Bore 400bn Bls – All Set to Pump another Trillion [20 Oct 2010]  
A Saudi top official while addressing a seminar said the Organization of Petroleum Exporting Countries (OPEC), which celebrated its golden jubilee last month, has produced more than 400bn barrels sinc  ...More
Tags: Saudi Arabia     OPEC     Global Oil Industry    
Georgian Fir Cone Pickers Get Safe Deal in X-mas Tree Drive [23 Dec 2010]  
The ubiquitous Nordmann fir trees which don most European houses during Christmas are undergoing a major change in their sourcing practice, that risked many fir cone pickers lives for a pittance in th  ...More
Tags: Georgia    X-mas    Christmas tree    Tree Sales    Denmark    
Joblessness Stirs Saudization sans Reflecting on Root Cause [06 Jan 2011]  
Saudi Arabias high unemployment rate has once again sparked off an outcry for Saudization after the recent data showed about 43 percent of kingdoms citizens aged between 20 and 24 years were unemploye  ...More
Tags: Saudi Arabia    Middle East    GCC    Jobs    Gulf Employment    
CAFTA Helps Costa Rica to enhance Trade with US [21 Jan 2011]  
The Costa Rican Ministry of Foreign Trade (COMEX) stated that the total sales of country’s exports to the US rose 24 percent in 2010. Foreign Trade Minister Anabel González attributed the increase in  ...More
Tags: Costa Rica    The Dominican Republic    El Salvador    Guatemala    Honduras    Nicaragua    
SMEs seek GST implementation, uniform VAT rates [07 Feb 2011]  
IIA an apex body of Micro, small and medium enterprises has sought GST implementation and uniform VAT rates across all states.

Here are the key demands:

Government proposes to introdu  ...More
Tags: IIA    Empowered Committee    SAT    Turn over tax    Surcharge    Additional Surcharge    
US trade chamber seeks India's retail opening [21 Feb 2011]  
Seeking opening of India's retail sector, the US India Business Council (USIBC) has set up a sub-committee to focus on leveraging the combined resources of the retail supply chain.

The newly fo  ...More
Tags: USIBC    Compass Marketing    Retail modernisation    
Businesses will learn to look beyond the BRICs [28 Feb 2011]  
During the run-up to the Iraq war Donald Rumsfeld, then America’s defence secretary, famously distinguished between “old” Europe and “new” Europe. In 2011 a growing number of businesspeople will disti  ...More
Tags: Goldman Sachs    BRICs    Rio Tinto    GDP    
Farm Boom Is Leading to Growing Concerns [01 Mar 2011]  
The cure for higher commodity prices is usually higher commodity prices.

The global clamor for corn, wheat, soybeans and other crops has been a stroke of good fortune for the agricultural indus  ...More
Tags: corn    wheat    soybeans    nonfarm wages    Kansas City Federal Reserve    
South Asia Forum calls for regional economic union [19 Sep 2011]  
Members of the South Asian Association for Regional Cooperation (SAARC), at the South Asia Forum here Thursday, called for removing tariff and non-tariff barriers to boost regional trade and investmen  ...More
Tags: SAARC South Asia    
Samsung concentrates on B2B market [13 Feb 2012]  
Samsung is targeting the 30-billion-baht business-to-business market (B2B) with the merger of its corporate product teams into a single unit.

The scheme aims to enlarge the percentage of income  ...More
Tags: Samsung B2B market    
Samsung Heavy says $471 million FPSO order cancelled [31 Dec 2012]  
SEOU: Samsung Heavy Industries Co Ltd said an Asian firm which it did not identify cancelled an order for a floating production, storage and offloading (FPSO) unit worth 505 billion won ($471.71 milli  ...More
Tags: Samsung Heavy    
USA finds favour with Chinese Tourists- Europeans prefer home! [25 Jun 2013]  
The United States of America (USA) has gained massively from the globally connected Chinese tourist. This marks a record 35.3% improvement as compared to previous years when Chinese visitors flocked t  ...More
Tags: USA finds favour with Chinese Tourists