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The Dollar Business Bureau Buoyed by improved performance in all major export sectors, Malaysia’s exports grew 24.1% year on year during March 2017. Beating expectations, the South-East Asian economy boasted a double-digit growth in exports for the fourth consecutive month since December 2016. As stated by the Ministry of International Trade and Industry, Malaysia (Miti), exports surpassed economic forecasts of a 20% growth by a significant margin. Explaining the ‘outstanding trade performance in March 2017’, a media release by Miti read, “Malaysia’s trade continued its strong momentum in March 2017, expanding by 31.1% to RM159.86 billion compared with the year before. Higher trade was seen with ASEAN, China, the United States of America (USA), the European Union (EU), the Republic of Korea (ROK) ...

The Dollar Business Bureau  The Maharashtra government on Monday signed a Memorandum of Understanding with Korea Land & Housing Corporation (KLHC) of the Republic of Korea.  This agreement is aimed at building a strategic partnership for smart cities, roads and bridges, etc while exchanging knowledge and expertise, Maharashtra Chief Minister Devendra Fadnavis tweeted. “This MoU is to build a strategic partnership for #smartcities, roads and bridges, etc and exchange of knowledge & expertise,” he tweeted. “I am happy to learn that KLHC intends to work with GoM (Government of Maharashtra) for smartcities, Maharashtra Samruddhi Corridor and some redevelopment projects,” Fadnavis said in a series of tweets. Soungeun Kim, the Consul General of Republic of Korea in Mumbai and Chandrakantdada Patil, Pravin Pote, Madan Yerawar, state ministers of Maharashtra were present during the occasion.

Sharath Chowdary The Telangana government is ready to offer land parcels for various Korean companies to set up their base in the state. The government will work on creating an investment cluster to cater to the basic needs of Korean companies investing in the state, Telangana Industries Principal Secretary Arvind Kumar told The Dollar Business. He was speaking to the media while taking part in the Korean Caravan 2016 in Hyderabad on Wednesday. The Caravan was organised by the Confederation of Indian Industry (CII) in association with the Embassy of the Republic of Korea. Arvind Kumar said, “Last month, Telangana Chief Secretary Rajeev Sharma had proposed to develop an exclusive industrial park for Korean companies, during a meeting with the Union government in New ...

 The Dollar Business Bureau In a move to enhance the existing potential of the Indian maritime industry, the Government of India aims to bring in more investment into the sector. And to achieve it, the Ministry of Shipping is gearing up for the upcoming Maritime India Summit 2016, where it intends to woo investors by presenting before them various shipping and port related projects. Speaking about the Summit, the Union Minister of Shpping, Nitin Gadkari said, “Projects in the ports and shipping sector, worth an investment of Rs.1,20,000 crore will be showcased before potential investors at the Maritime India Summit to be held in Mumbai from April 14-16, 2016.” The Minister said this in an address to the media on Thursday, ...

Dated 20th November, 2015 | Copy of | Notification Sl98 dt. 20/11/15 | Anti-Dumping investigation concerning imports of ‘Carbon Black used in rubber applications’, originating in or exported from Republic of Korea. Having regard to the Customs Tariff Act, 1975 as amended in 1995 and thereafter (hereinafter also referred as the Act) and the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, as amended from time to time (hereinafter also referred as the Rules), thereof; BACKROUND 2. The background of the case is as follows: i. The Designated Authority (hereinafter also referred to as the Authority), under the above Rules, received a joint application from M/s Phillips Carbon Black Limited ...

Dated November 10th, 2015 | Copy of | Notification Sl95 dt. 10/11/15 | Sunset Review (SSR) anti-dumping investigation concerning imports of Cold Rolled Flat Products of Stainless Steel from the Peoples Republic of China, Republic of Korea, the European Union, South Africa, Chinese Taipei, Thailand and the United States of America. Whereas having regard to the Customs Tariff Act, 1975 as amended from time to time (hereinafter referred as the Act) and the Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 thereof, as amended from time to time (hereinafter referred as the Rules) the Designated Authority notified its Final Findings in the aforesaid investigation vide Notification of even number dated ...

Source: PIB, Government of India The Minister of State for Culture (Independent Charge), Tourism (Independent Charge) and Civil Aviation, Dr. Mahesh Sharma chairing the Joint Commission Meeting for East Asia and the Pacific & the UNWTO Commission for South Asia, in Maldives on June 04, 2015. (Photo source: CNR :68897 Photo ID :66221; PIB, Government of India)   The Government of India launched Tourist Visa on Arrival (TVoA) enabled by Electronic Travel Authorization (ETA), presently known as e-Tourist Visa scheme, on 27th November 2014 for 43 countries. The Government extended this Scheme to the citizens of Guyana and Sri Lanka in January, 2015 and April, 2015, respectively. The e-Tourist Visa facility is extended to the nationals of 31 countries in May, ...

The Dollar Business Bureau India and South Korea, on Friday, underwent high level defence talks, where both sides discussed the existing bilateral defence relations and also plans for further enhancement of military co-operation. Manohar Parrikar, Union Defence Minister, Government of India, on Friday, met the defence officials of South Korea, which include Admiral Choi, Chairman of the Joint Chiefs of Staff, Minister Chang of the Defence Acquisition Program Administration (DAPA) and Kim Kwan-jin, National Security Advisor of South Korea. In a meeting with Minister Chang, both the sides discussed India and Republic of Korea (ROK)’s shared perspectives on regional and international issues and towards cooperation in defence production, research and development. Stating that he has chosen ROK as his first ...