Sea trade accounts for over 84 per cent of rice exports in current fiscal million as of 15 November in the current financial year, as per data from the Commerce Ministry. Earlier, border trade was relatively high compared to sea trade in terms of rice exports.
THE Ministry of Planning and Finance on Thursday granted licenses to five foreign life insurance companies along with three joint venture life insurance companies with foreign partners and three non-life insurance companies, set up as joint ventures between local and foreign insurers.
South Korea's Hyundai Motor has signed a deal to build a $1.5 billion car plant in Indonesia, the company said, its first in southeast Asia, where Japanese carmakers dominate the market.
German luxury carmaker Audi said Tuesday it planned to slash 9,500 jobs in Germany by 2025 as part of a massive overhaul to help finance a costly switch to electric vehicles.
