Plot to import 300kg of cocaine busted

A plot to import 300kg of South American cocaine into Australia has been thwarted. Two men were arrested after raids in Sydney for allegedly conspiring to bring the drugs into Australia from Peru via Singapore and Papua New Guinea. They are expected to be ... ( read original story ...)

Import duty for steel, iron products increase to 35pc

Unfair competition in the textile sub-sector through importation of footwear and second hand clothes has led to an increase in import duty of 5 dollars per unit or 35% whichever is higher. Also Read Singapore Trade and Investment office opens in Kenya ... ( read original story ...)

Donald Trump slaps 25% tariffs on US$50B in Chinese imports

Trump has already slapped tariffs on steel and aluminum imports from Canada, Mexico and European allies ... in his press conference in Singapore on Tuesday, said the U.S. has a “tremendous deficit in trade with China and we have to do something about ... ( read original story ...)