DHAKA : Amid the global market slowdown and local adverse factors, the apparel industry is likely to face a dip in the short term while a strong rebound is expected in 2024 leading to
HAMBURG : An increase in port congestion and container pickup charges in China point to a recovery in demand for container transportation. According to date from container logistics platform Container xChange, pickup charges from
TOKYO : NYK will donate 3 million yen to Nishio City for the purpose of environmental conservation on Sakushima Island in Aichi Prefecture. A ceremony recognizing the donation was held on February 2 at
RIYADH : In line with its strategic commitment towards strengthening the Kingdom’s food supply chains, Jeddah Islamic Port has received MV Sara, a dry bulk carrier owned by Saudi Arabia’s national shipping company Bahri,
GUANGZHOU : FESCO Transportation Group planned a dispatch of new electric cars from the Chinese city of Guangzhou to Moscow in Russia via border crossing Khorgos/Altynkol (China/Kazakhstan). The electric cars were carried in two
WEIHAI: Chinese automotive manufacturer Chery is going to develop car carrier construction base in Weihai, Shandong province, to meet its growing automobile transportation demands. Chery will partner with Wuhu Shipyard to develop a car
VIRGINIA : Virginia Inland Port (VIP), an intermodal container transfer facility in Front Royal, Virginia (Warren County) owned by the Virginia Port Authority, is fulfilling all of its operational electricity needs from clean-energy resources,
NEW DELHI : NITI Aayog CEO Parameswaran Iyer on Friday described the Budget 2023-24 as ‘very comprehensive and balanced’ which will promote growth with inclusion. He also observed that the Budget continues all the reforms and other
NEW DELHI : The government will continue to review customs duty rates with the twin aims of promoting local manufacturing and exports, Revenue Secretary Mr. Sanjay Malhotra said in an interview. The centre’s revenue
NEW DELHI : India expects to manufacture more mobile phones this year after the government eliminated import tariffs on some components used to assemble high-end phones from global companies such as Apple Inc, a
