International trade
The Negros Oriental Chamber of Commerce and Industry (NOCCI) president Edward Du expressed confidence in the adequate rice buffer stock in the province, despite the President's 60-day ban on rice importation. Du attributed this assurance to the local rice traders' usual surplus supply, which can last beyond
International trade
Denmark-based shipping giant Maersk has defied historical uncertainty in global trade and market volatility by posting a stronger-than-expected second-quarter profit. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) reached $2.3 billion, a 7.1% increase from the same period last year. Maersk's financial
International trade
The National Assembly on Thursday passed the Pakistan Land Port Authority Bill 2025, a landmark move aimed at improving cross-border trade and travel by establishing a dedicated authority to manage land ports. This legislation follows the footsteps of Bangladesh (2002) and India (2012) in establishing similar authorities. The bill, introduced
International trade
The Hainan Provincial People's Government has introduced a new regulation to establish a credit management mechanism for customs clearance at "second-tier ports" in the Hainan Free Trade Port. This mechanism will implement precise and categorized supervision of customs clearance operators and individuals based on credit ratings,
International trade
The US International Trade Commission (ITC) has determined that an industry in the United States is materially injured by reason of imports of low-speed personal transportation vehicles from China, provided for in specified subheadings of the Harmonized Tariff Schedule of the United States. The ITC's investigation was initiated
International trade
The US government has announced a 25% tariff increase on goods imported from India, citing New Delhi's continued purchase of Russian oil. This decision raises the total tariff rate on Indian goods to 50%, one of the highest rates imposed on any US trading partner. The move follows
International trade
Hainan, China's largest island province, has launched the 7th National Tourism Society Innovation and Exchange Event to support its development into an international tourism consumption center. The four-day event, attended by over 200 experts and scholars from across the country, aims to drive the high-quality development of Hainan&
International trade
Cambodia's economy is projected to moderate in 2025 and 2026 following the 6.0 percent expansion in 2024, reflecting the impact of US tariffs and subdued real estate activity. Despite continued strength in the services sector, the country faces increased uncertainties driven by external factors, alongside emerging challenges
International trade
The San Martin region in Peru continues to strengthen its reputation as a leader in community tourism, thanks to the non-reimbursable funds allocated to two local organizations. The Ministry of Foreign Trade and Tourism's Tourism Emprende program facilitated this achievement through its modality II public tender 2025. The
International trade
The US has become increasingly dissatisfied with India's continued imports of Russian oil, resulting in the imposition of 25% tariffs on Indian imports. This decision was made by President Donald Trump, who signed an emergency executive order invoking his constitutional powers to claim that Russia and Russian products
Indian foreign relations
As the international sanctions imposed on Russia over its invasion of Ukraine continue to escalate, India has maintained its stance on buying oil from Russia, citing its national interest and energy needs. The Indian foreign ministry has defended the decision to import oil from Russia, despite the international community'
International trade
Police Commissioner Col Blanch has called for a ban on importing high-powered electric scooters in Western Australia, following the death of a Perth father who was struck by one of these vehicles. The incident has sparked a parliamentary inquiry into the safety of electric scooters, which are increasingly being used
