Tags » Imports

Hyundai Boosts U.S. Investment to $3.1 Billion After Trump's Threats

The Hyundai Motor Group said it plans to lift U.S. investment by 50% to $3.1 billion over five years and may build a new U.S. plant – the latest auto firm to announce fresh spending after President-elect Donald Trump threatened to tax imports. 403 more words


Xi Jinping Becomes an Unlikely Advocate of Free Trade at Davos

On Tuesday, Xi Jinping becomes the first Chinese leader to address the World Economic Forum in the swish Swiss Alpine resort of Davos. The thrust of his speech will be “inclusive globalization,” Chinese officials have… 843 more words

Indonesia exports, imports rise for third month in December

(Source: www.businesstimes.com.sg)

Indonesia’s exports and imports rose on an annual basis for a third straight month in December, but at a slower pace than in November, the statistics bureau said on Monday. 147 more words

Money Matters

Apple Could Lose Big Under Republican Tax Reform Plan

With the largest net income of any public company, Apple should be a huge winner from corporate tax reform. A draft proposal put forth by Republicans in Congress last year expected to be the starting point for the party’s plan this year aimed to cut the overall corporate tax rate to 20% from 35%, potentially saving Apple billions. 609 more words


India's 2016 Iran oil imports hit record high

(Source: www.businesstimes.com.sg)

India’s annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts. 490 more words

Money Matters

Tax Proposal Could Result In Higher Prices On Toys

Lawmakers are currently mulling over a proposed tax code overhaul intended to reduce the tax burden on U.S. companies that could also have the net result of raising prices on the products those companies manufacture overseas, a change that could hit toy companies particularly hard. 435 more words

Government Policy

Milk from Bahrain refused entry

GEORGETOWN, Guyana – The Government Analyst-Food and Drug Department (GA-FDD) has refused entry into Guyana of one 1X20 ft container with 7200 cases x 24 boxes x 125 ml of Awal Junior Milk (Strawberry, Banana and Chocolate flavours) which was imported from the Kingdom of Bahrain. 213 more words