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Netherlands

Vegetable Farmers urged to adhere to standards,

NETHERLAND

AMSTERDAM: A researcher at the University of Ghana Soil and Irrigation Research Centre, Dr. Ken Okae Fenning warned Ghana could be banned again if farmers fail to adhere to standards. His call follows the lifting of a ban on vegetables from the country by the European Union (EU) Commission on five plant commodities (chilli pepper, bottle gourds, luffa gourds, bitter ... Read More »

Customs foil attempted smuggling of Ecstasy from Netherlands

NETHERLAND

AMSTERDAM: The Royal Malaysian Customs Department (JKDM) foiled an attempt to smuggle in four kg of drugs, believed to be Ecstasy pills, worth RM356,860 from Netherlands. Sabah Customs director Datuk Hamzah Sundang said in an operation carried out at the Kota Kinabalu Post Office on Nov 28, a 54-year-old local man, believed to be involved in the case, was also ... Read More »

Police foil smuggling of 600 thousand ecstasy pills from Netherlands

netherland, indonesia

JAKARTA: Team from Directorate of Drugs at National Police (Polri) Headquarters managed to thwart the drug-trafficking type of ecstasy that is circulated by the Netherlands-Jakarta international ring. In the foiling effort, officers arrested six suspects and secured 243.20 kilograms of ecstasy drugs packaged in 120 packs, totaling 600 thousand pills. “Six suspects and hundreds of thousands of ecstasy pills are ... Read More »

Netherlands to investigate 4,000 corporate tax deals

NETHERLAND

  AMSTERDAM: The Netherlands has opened an investigation into 4,000 tax agreements struck with international companies after irregularities were found in a deal with Procter & Gamble. As part of the Paradise Papers leaks, Dutch media reported that a Rotterdam official signed off on an agreement to help P&G divert profits to the Cayman Islands in 2008, saving the US ... Read More »

Dutch pensioners arrested smuggling 100 kilos of hashish into Norway

DUTCH ,NORWAY

  AMSTERDAM: A Dutch retired couple have been arrested in Norway for trying to smuggle 100 kilos of cannabis into the country, according to Norwegian media reports. The couple, a man aged 68 and a woman aged 75, had hidden the drugs throughout their car. They were caught following a tip-off trying to enter Norway after travelling by ferry from ... Read More »

Dutch man arrested with 2 liters cannabis oil on Bali

DUTCH

  AMSTERDAM: A 37-year-old Dutch man was arrested on Bali with 2 liters of cannabis oil in his possession. He was arrested in Batu Belig on Sunday, immediately after taking possession of the cannabis oil, RTL Nieuws reports. The suspect has been living in a villa in Batu Belig, a town north of Kuta, for two years, according to the ... Read More »

Dutch online discount broker DEGIRO sees revenues drop 2% in Q3

DUTVCH

  AMSTERDAM: Amsterdam based pan-European online broker DEGIRO B.V. has released some of its financial and operating statistics for the third quarter and first nine months of 2017, indicating slowing growth at the company including its first “down” quarter. The broker, which was founded in 2013, has made waves across Europe and in particular in the UK where its deep-discounted ... Read More »

Dutch pension reforms target final-salary schemes

NETHERLAND

  AMSTERDAM: The Dutch government has published sweeping pension reform proposals aimed at replacing the current system that pays guaranteed retirement incomes based on workers’ salaries with arrangements that impose more risks on employees. The Netherlands is widely regarded as having one of the world’s strongest and most sophisticated occupational pension systems, so the proposed reforms will be closely scrutinised ... Read More »

Netherlands spends more on importing live insects than any other EU country

NETHERLAND

  AMSTERDAM: The Netherlands spends more on importing live insects than any other EU country, the national statistics office CBS said on Thursday. In the first six months of this year, the Netherlands imported 390 tonnes of wasps, bees, meal worms and grasshoppers to the value of €8.2m, the CBS said. That is five times the amount spent on insect ... Read More »

RDF exports becoming ‘increasingly difficult’

NETHERLAND

  AMSTERDAM: Industry experts have indicated the boom-time for refuse-derived fuel (RDF) exports could be over, following figures released by the Environment Agency (EA) showing a potential slowdown in the overseas market. Between January and August this year, exports of RDF and other associated material from England was down by nearly 17,000 tonnes to just over 2.1 million tonnes, compared ... Read More »

Overhaul of the Dutch dividend withholding tax regime in 2018 tax plan

NTERHTLAND

  AMSTERDAM: From 2018 the scope of the Dutch dividend withholding tax exemption is extended to shareholders resident in jurisdictions that have a tax treaty with the Netherlands. On 19 September 2017 the Dutch caretaker government published its Tax Plan 2018. One of the main topics is a positive overhaul of the dividend withholding tax regime. From 1 January 2018, ... Read More »

Netherlands annual smartphone imports reach EUR 15 bln

imports

AMSTERDAM: The Netherlands imported around EUR 15 billion in smartphones and other mobile devices in 2016. This makes smartphones the biggest import of high-tech products in the country, according to figures from the Central Bureau for Statistics. The Netherlands is also the largest importer of smartphones in the EU. In total around EUR 95 billion in high-tech goods were imported ... Read More »

Netherlands stocks lower at close of trade; AEX down 0.08%

stocks

AMSTERDAM: Netherlands stocks were lower after the close on Friday, as losses in the Healthcare, Telecoms and Consumer Goods sectors led shares lower. At the close in Amsterdam, the AEX lost 0.08%. The best performers of the session on the AEX were SBM Offshore NV (AS:SBMO), which rose 1.10% or 0.17 points to trade at 15.15 at the close. Meanwhile, ... Read More »

Netherlands to receive LNG cargo from U.S. Sabine Pass plant

Morocco to shortlist 3 firms for LNG imports deal

LONDON: The Netherlands will receive its second-ever liquefied natural gas (LNG) shipment from Cheniere Energy’s Sabine Pass export facility in the United States on Oct. 6, according to shipping data. The vessel, with a capacity of 166,031 cubic metres, is currently berthed at Sabine Pass, live ship-tracking data shows. The first delivery from Sabine Pass to the Gate terminal in ... Read More »

Netherlands bankruptcies at lowest level since 2001

bankrupty

AMSTERDAM: The number of companies in the Netherlands being declared bankrupt continues to decrease. In August 39 fewer companies were declared bankrupt than in July, Statistics Netherlands reported on Monday. The number of bankruptcies in the Netherlands is now at its lowest level since 2001. A total of 258 companies and institutions, excluding sole proprietorships, were declared bankrupt in August. ... Read More »

Dutch wholesale sales expand by 6.6% in Q2

Philippines Jan. exports rise at fastest pace in 3 years

AMSTERDAM: Turnover in the wholesale sector in the Netherlands rose by 6.6% in the second quarter, the national statistics office CBS reported on Tuesday. Sales increased in all sectors, producer confidence continued to grow and there were few bankruptcies, the CBS added. Petroleum traders booked turnover 8.6% higher in the period. Oil prices stabilised in the second quarter reducing price ... Read More »

Anti-tax avoidance measures under fire from employers, tax advisers

Sales-Tax

AMSTERDAM: The caretaker government may make the Netherlands a less attractive location for international business because of changes to the corporate tax system, the employers’ organisation VNO-NCW and tax advisers have warned, the Financieele Dagblad said on Monday. The employers and Dutch Order of Tax Advisors say the government is choosing the wrong parts of a European directive to tackle ... Read More »

Dutch construction sector continues to grow, turnover rises 6.3% in Q2

employement rises

AMSTERDAM: The Dutch construction sector has now been expanding for nearly three years in a row, the national statistics office CBS said on Thursday. Turnover grew 6.3% in the second quarter of this year, marking the 11th successive quarterly rise, the CBS said. In particular small and medium sized building firms have benefited, with rises of 9.3% and 8.7% respectively, ... Read More »

Dutch refinery fire reveals Europe’s dependence on imported diesel

fire

AMSTERDAM: Europe is known to be dependent on imported crude oil. But an incident at the EU’s biggest refinery this summer has shown that the European continent has also become dependent on import of diesel fuel. Europe is set to take a record of more than 2 million tonnes of US diesel in August after a string of refinery woes ... Read More »

Dutch exports to Britain fall in 2017 first half, rise to rest of EU

Morocco’s auto industry exports likely to rise to $10b by 2020

AMSTERDAM: Dutch exports to Britain fell 2% in the first six months of this year compared with the year earlier period, according to new trade figures from national statistics office CBS. By contrast, Dutch exports to the rest of the European Union were up 11% on the first half of 2016. In 2015 and 2016, exports to Britain rose more ... Read More »