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Tag Archives: Imports

Iraqi parliament bans alcohol sales, production, imports

ban

BAGHDAD: Iraq’s parliament has passed a law forbidding the import, production or selling of alcoholic beverages in a surprise move that angered many in the country’s Christian community who rely on the business. The bill, passed late Saturday, imposes a fine of up to 25 million Iraqi dinars, or $21,000, for anyone violating the ban. Proponents of the ban argue ... Read More »

Nepal’s exports, imports drop sharply as private Indian ban

export import

KATHMANDU: Nepal’s exports and imports both have fallen sharply due to the ongoing unofficial Indian embargo, Nepal Rastra Bank (NRB) said.  The central bank said that exports plunged 25.4 percent to Rs16.81 billion during the first three months of the current fiscal year while merchandise imports also plummeted 31.9 percent to Rs130.49 billion. Nepal’s total exports fell due to a ... Read More »

Thailand scrap steel imports down in Sep

Thailand scrap steel

BANGKOK: The latest import statistics indicate that the scrap imports by Thailand during September this year dropped considerably over the previous month. Also, the scrap imports witnessed sharp decline when compared with the same month a year ago. The scrap imports by Thailand during the month of September this year totaled 41,000 tons. The imports plunged heavily by 77.1% when ... Read More »

Imports, exports of S.Korea declines for 9 months on cheaper oil

korea

SEOUL:  Both exports and imports of South Korea declined for nine straight months on the back of cheaper oil that reduced prices for export and import products, a government report showed Thursday. Exports, which account for about half of the economy, slipped 8. 3 percent from a year earlier to 43.51 billion U.S. dollars in September after tumbling 14.9 percent ... Read More »

Vietnam likely to ease permits required for exports, imports

jailed

HANOI: In following up on the issuance of the government’s economic policy package last week, the Trade Ministry will ease export and import regulations to improve the business climate and ensure national stocks of basic commodities, an official has said. The ministry’s deregulation team head Arlinda Imbang Jaya said at least 32 regulations, mostly ministerial regulations, would be amended by ... Read More »

S.Korea’s exports, imports reduce for 8 months in August

korea

SEOUL: South Korea’s exports and imports reduced for eight straight months in August on the back of weak global demand for trade and cheap crude oil, an official report said on Tuesday. Exports, which account for about half of the economy, tumbled 14.7 percent from a year earlier to $39.33 billion in August, according to South Korea’s ministry of trade, ... Read More »

S.Korea’s exports, imports reduce for 8 months in August

korea

SEOUL: South Korea’s exports and imports reduced for eight straight months in August on the back of weak global demand for trade and cheap crude oil, an official report said on Tuesday. Exports, which account for about half of the economy, tumbled 14.7 percent from a year earlier to $39.33 billion in August, according to South Korea’s ministry of trade, ... Read More »

Swiss exports, imports decrese 7.4% to CHF 82b in H1: Customs Data

export-crate1-620x330

HELSINKI: The Swiss Federal Customs Administration announced on Tuesday that Swiss exports and imports, totalling over 100.1 billion CHF (104.3 billion U.S. dollars) and 82 billion CHF respectively, registered a decline during this year’s first six months. Relative to 2014 figures, Swiss authorities indicated that exports dropped by 2.6 percent and that imports to the confederation recorded a 7.4 percent ... Read More »

Ukraine halts natural gas imports from Russia to agree on price for Q3

UKRAINE NATURAL GAS

KIEV: Ukraine halted natural gas imports from Russia yesterday after a failure to agree on a price for the third quarter, state transport monopoly Ukrtransgaz said, in talks loaded with the political tension between the two. Russian gas flows to Europe via Ukraine were unaffected, “From today, Ukraine is not getting gas from Russia. Transit supplies are as normal,” Ukrtransgaz ... Read More »

Jordan imports over 96% of its energy needs says IMF

Canadaexportproblem

AMMAN: The International Monetary Fund on Friday said that Jordan’s initiatives to reduce its energy dependency could have substantial macroeconomic implications, but will crucially depend on the level of international oil prices in the next decade. The IMF has published a working paper on Jordan titled: “New Energy Sources for Jordan: Macroeconomic Impact and Policy Considerations”, in which it affirmed ... Read More »

Jordan imports over 96% of its energy needs says IMF

Canadaexportproblem

AMMAN: The International Monetary Fund on Friday said that Jordan’s initiatives to reduce its energy dependency could have substantial macroeconomic implications, but will crucially depend on the level of international oil prices in the next decade. The IMF has published a working paper on Jordan titled: “New Energy Sources for Jordan: Macroeconomic Impact and Policy Considerations”, in which it affirmed ... Read More »

Jordan imports 96.1% of its energy needs: IMF

export

AMMAN: The International Monetary Fund on Friday said that Jordan’s initiatives to reduce its energy dependency could have substantial macroeconomic implications, but will crucially depend on the level of international oil prices in the next decade. The IMF has published a working paper on Jordan titled: “New Energy Sources for Jordan: Macroeconomic Impact and Policy Considerations”, in which it affirmed ... Read More »

Jordan imports 96.1% of its energy needs: IMF

export

AMMAN: The International Monetary Fund on Friday said that Jordan’s initiatives to reduce its energy dependency could have substantial macroeconomic implications, but will crucially depend on the level of international oil prices in the next decade. The IMF has published a working paper on Jordan titled: “New Energy Sources for Jordan: Macroeconomic Impact and Policy Considerations”, in which it affirmed ... Read More »

Finnish 20% imports of superfood find unfit: Customs

super food

HELSINKI: Almost one fifth of the superfood products examined by the Finnish Customs are not fit to be sold in the country, reported the provincial newspaper Sunnuntaisuomalainen. In the period 2011-2014, the customs laboratory examined 93 batches of imported superfood. Of the examined imports, 17 were in breach of the provisions. According to the newspaper, the most common reasons for ... Read More »

Japan urges Taiwan to scrap its plan to tighten restrictions on food imports

imports

TOKYO: Japan has urged Taiwan to scrap its plan to tighten restrictions on food imports from Japan, but Taipei demanded that Tokyo first address a food-labeling scandal. Taiwan accused food companies of falsely labeling products from nuclear-stricken Fukushima Prefecture and other places in an attempt to evade the import ban. A Liberal Democratic Party delegation, which included Nobuo Kishi, a ... Read More »

Jordan’s imports over 5,000 hybrid cars in Q-1 of 2015

cars

AMMAN: According to statics, the sales of the fuel-efficient cars are on the rise, with over 5,000 hybrids entering the local market in the first quarter of 2015. More than 16,000 hybrids were imported for the domestic market in 2014, he said, noting that the number would have doubled if taxes had been lower. He criticized instability in legislation covering ... Read More »

Jordan’s imports over 5,000 hybrid cars in Q-1 of 2015

import

AMMAN: According to statics, the sales of the fuel-efficient cars are on the rise, with over 5,000 hybrids entering the local market in the first quarter of 2015. More than 16,000 hybrids were imported for the domestic market in 2014, he said, noting that the number would have doubled if taxes had been lower. He criticized instability in legislation covering ... Read More »

US import prices drop 0.3% in March

import

NEW YORK: U.S. import prices fell in March as rising petroleum costs were offset by declining prices for other goods, a sign of muted inflation that supports the view the Federal Reserve will probably not raise interest rates in June. The Labor Department said on Friday import prices dropped 0.3 percent last month after a downwardly revised 0.2 percent gain ... Read More »

Finnish exports decrease 4%, imports 2% in February 2015: Customs

import

HELSINKI: The value of Finnish exports decreased by 4% and imports decreased by 2% in February, compared with the same period last year, According to Customs. Finnish Customs released early data on the foreign trade of goods for February 2015. The value of Finnish exports reached nearly €4.2 billion and the value of imports was just under €4.4 billion. The ... Read More »

Greece imports 65% of natural gas from Russia

pipe line

ATHENS: The Greece’s Prime Minister Tsipras said  that “Greece imports around 65% of its natural gas from Russia, we intend to deepen energy cooperation with Moscow”. The Russian government is also willing to discuss with Greece the possibility of a loan and a discount on the price of gas, according to a Sputnik report. Greece Prime Minister Alexis Tsipras visiting Moscow ... Read More »