International Trade

Indonesia plans $35 bln in infrastructure projects, some to begin in 2014

Reuters | November 13, 2013 | International Trade | Ports & Terminals

Indonesia announced plans on Wednesday for $35 billion in new infrastructure projects from next year in a bid to tackle one of the biggest deterrents to investment in Southeast Asia's biggest economy. Read More »

Japan to import 10,390 tonnes feed barley via tender

Reuters | November 13, 2013 | International Trade

Japan's Ministry of Agriculture said it would import 10,390 tonnes of feed-quality barley via a simultaneous buy-and-sell (SBS) auction that closed late on Wednesday. Read More »

Boeing hopeful of 777X deal, may build wings in Japan if rejected

Reuters | November 12, 2013 | International Trade

Boeing Co is hopeful its key machinist union will vote for a labour contract to secure production of the 777X in Washington State, but will look at alternatives, including building the wings in Japan if the deal is rejected, an executive said. Read More »

Retail imports grew in October despite Government shutdown,
 but cargo was ordered before impasse

AJOT | November 12, 2013 | International Trade

Import volume at the nation’s major retail container ports grew 6.5 percent in October over the same month last year despite the government shutdown, and year-over-year increases are expected to continue for the remainder of the year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. Read More »

Senior trade and security officials launch, CT Strategies, with Command Consulting Group

PR Newswire | November 12, 2013 | International Trade

New Subsidiary Company Gives CCG an Integrated Trade and Global Supply Chain Service Area while Strengthening its National Security Practice Read More »

Indonesia raises 2013 LNG export target by 4 pct

Reuters | November 12, 2013 | International Trade

Indonesia's overseas LNG sales are expected to be 4 percent more than previously expected at 285 cargoes this year, boosted by higher output and a drop in volumes set aside for domestic use, the state oil and gas regulator SKKMigas said. Read More »

EU to decide if German trade surplus needs review

Reuters | November 11, 2013 | International Trade

The European Commission will decide whether to scrutinize Germany's trade surplus for economic imbalances, the Commissioner in charge wrote, adding that boosting domestic demand would help Europe's largest economy. Read More »

India’s October trade deficit jumps, but trends seen positive

Reuters | November 11, 2013 | International Trade

India's trade deficit jumped in October, rebounding from a 2-1/2 year low the previous month, as purchases of gold picked up ahead of the festival season, provisional government data showed. Read More »

US panel hears trade complaints, hope for China reform meeting

Reuters | November 11, 2013 | International Trade

U.S. trade officials and industry groups aired concerns about Chinese trade protectionism while voicing hope that an economic agenda-setting meeting of China's top leaders this weekend would launch deeper reforms. Read More »

PepsiCo says to invest $5.5 billion in India by 2020

Reuters | November 11, 2013 | International Trade

PepsiCo Inc, the maker of Pepsi-Cola, Frito-Lay snacks and Tropicana juice, plans to invest $5.5 billion in India by 2020 to expand its presence in the country, it said. Read More »

Air India Dreamliners to get software upgrade starting December

Reuters | November 11, 2013 | Air Cargo | International Trade

Air India Ltd plans to upgrade the software in all its 10 Boeing 787 Dreamliner jets from December, saying that the process will not lead to the planes being grounded for long. Read More »

Asian Logistics & Maritime Conference Attracts Global Audience

AJOT | November 11, 2013 | International Trade

Some 1,500 Logistics Providers, Users Take Part in Third Edition Read More »

German trade surplus hits record high in September

Reuters | November 08, 2013 | International Trade

Germany's trade surplus rose to a record high in September as exports climbed across the board, data showed, at a time when Europe's largest economy has come under fire for relying too heavily on foreign trade. Read More »

China exports another sign of pick-up as leaders meet

Reuters | November 08, 2013 | International Trade

A stronger-than-expected rebound in China's exports in October added to a run of indicators suggesting the world's second-largest economy has found its footing just as Beijing prepares to lay out its reform agenda for the next decade. Read More »

Washington state takes steps to nail down Boeing 777X contract

Reuters | November 08, 2013 | International Trade

The Washington state legislature met in a special session to consider tax breaks aimed at ensuring Boeing Co builds its newest jet, the 777X, in the Seattle area. Read More »

Coca-Cola says to invest over $4 billion in China in 2015-2017

Reuters | November 08, 2013 | International Trade

The Coca-Cola Co said it will invest over $4 billion in China and build new plants between 2015 and 2017, to counter competition which is chipping away at its share of the country's 421 billion yuan ($69.12 billion) soft drinks market. Read More »

McDonald’s October same-restaurant sales miss as Japan drags

Reuters | November 08, 2013 | International Trade

McDonald's Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan and remained weak in the United States. Read More »

Tanzania says partners risk weakening east Africa bloc

Reuters | November 08, 2013 | International Trade

Tanzania's president said that Kenya, Uganda and Rwanda risked weakening the East African Community by seeking closer unity without the agreement of all five members, weighing in on a row that has exposed rivalries in the economic bloc. Read More »

Surging Gulf Arab car sales underline consumer boom

Reuters | November 07, 2013 | International Trade

A surge in passenger car sales across most Gulf Arab countries underlines the momentum behind the region's consumer spending boom, and sales are likely to continue rising strongly for at least a few years, automobile sector executives said. Read More »

Extra EU aid comes too late for French meat sector slump

Reuters | November 07, 2013 | International Trade

France's aim to point almost one billion euros in European subsidies at struggling livestock farmers will do little to heal its ailing meat processing sector, with cheaper competitors already eroding its market share. Read More »