Sri Lanka announces 4-day work week, declares Wednesdays off to save fuel amid Hormuz crisis
COLOMBO : Sri Lanka has moved to a four-day workweek as part of emergency measures to conserve fuel reserves amid a deepening global energy crisis triggered by tensions around the Strait of Hormuz. According
Arab maritime sector attracts nearly $4bn in foreign investment over 23 years : Dhaman
JEDDAH : Arab countries secured 146 foreign maritime transport projects worth nearly $4 billion over the past 23 years, according to a report by Arab Investment and Export Credit Guarantee Corp., also known as
Achilles data shows ESG and Compliance Maturity improving across Global Supply Chains, despite Rising Disruption Pressures
ABINGDON: Achilles, a global leader in supply chain risk and performance management, has released new data outlining how ESG and compliance maturity across global supply chains is increasing year-on-year, despite a rise in potential
Iran-Israel tensions create logistical challenges for India’s trade: Commerce Secretary
NEW DELHI: As the West Asia conflict entered its third week, Shri Rajesh Agrawal, Commerce Secretary on Monday flagged the logistical challenges for trade for India. Speaking about the situation, the Commerce Secretary said,
DP World Mundra handles 1.5 Million Teus in CY25, Reinforcing its Role in India’s Exim Trade
MUNDRA: DP World’s Mundra International Container Terminal (MICT) has delivered strong performance in CY25, with throughput rising 13.6% to nearly 1.5 million TEUs. Momentum extended into early 2026, with January volumes reaching 1,46,063 TEUs and February hitting 1,32,590 TEUs, both
India remains engaged with US for mutually beneficial trade agreement: Commerce Secretary
NEW DELHI: India remains engaged with the US for a mutually beneficial trade agreement, Commerce Secretary Shri Rajesh Agrawal said on Monday. He said at a media briefing that India and the US announced
Merchandise exports grow 1.84% to US$ 402.93 billion in April–February 2025–26
NEW DELHI : India’s total exports of merchandise and services recorded steady growth during the current financial year, reaching $790.86 billion in April-February 2025-26, marking a 5.79 per cent increase over $747.58 billion during
Global geopolitical tensions and logistics disruptions impact trade environment; Exports remain resilent : President, FIEO
NEW DELHI : Commenting on the latest trade data for February 2026, Mr S C Ralhan, President of the Federation of Indian Export Organisations (FIEO), said that India’s export sector continues to demonstrate resilience