NEW YORK: The Organization for Economic Cooperation and Development recently released a blueprint for an internationally-coordinated minimum tax for multinational enterprises, and aims to reach a global agreement on this in 2021. It is
DB Schenker has named Niklas Wilmking (pictured above) as its new chief executive for the Asia Pacific region. Dr Wilmking was most recently executive vice president of global airfreight at DB Schenker’s head office,
NEW DELHI: India is considering hiking import duties by 5%- 10% on more than 50 items including smartphones, electronic components and appliances in the upcoming budget, three Government sources said according to Reuters. The
Global company executives are optimistic about trade recovering from the Covid-19 pandemic faster than the rebound from the 2008 financial crisis, according to a new survey. About 70 per cent of respondents to a
Global company executives are optimistic about trade recovering from the Covid-19 pandemic faster than the rebound from the 2008 financial crisis, according to a new survey. About 70 per cent of respondents to a
The Bharat Petroleum Corporation (BPCL) has put on hold a planned specialty petrochemicals plant for producing polyols at its Kochi refinery in Kerala. This is being done as BPCL prefers to wait for the
HONG KONG: For the fourth quarter ended 31st December 2020,Oriental Overseas International Limited (OOIL) total volumes were 23.7% up from the same period last year. Total revenues increased by 51.2% to US Dollars 2,423.0
Sri Lankan port trade unions on Thursday said they were not convinced with the proposal of Indian multinational company Adani Group and its partners buying 49 per cent stake in the Eastern Container Terminal
NEW DELHI: Considering that exports have emerged as a significant growth driver and have the potential to boost economic recovery, the country’s share in world merchandise exports needs to be raised to five percent
MUMBAI: Global logistics company DP World has started construction of its Nhava Sheva Business Park (NSBP) Free Trade Zone (FTZ) in Mumbai. The Rs 1000 Cr DP World FTZ investment comes under the Hindustan