Exporters

American dairy associations call for additional action from the White House on the ports crisis

New American dairy associations call for additional action from the White House on the ports crisis September 16, 2021 The National Milk Producers Federation (NMPF) and the US Dairy Export Council (USDEC) have joined several other organizations urging the Biden administration to take further action to alleviate the current port crisis in a letter sent to the House today. Blanche ...

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Ludhiana: Discussion on “The future of exports to Punjab”

The Union Bank of India, in association with the CII and the Federation of Indian Export Organizations, organized a session on exporting for the Punjab industry The Union Bank of India, in association with the Confederation of Indian Industry (CII) and the Federation of Indian Export Organizations (FIEO), held an export session for the Punjab industry on Saturday evening. The ...

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Sri Lankan rupee revaluation to 203 dries up dollar flows, exporters prepare for new checks

ECONOMYNEXT – Foreign currency inflows into Sri Lankan banks dried up after the rupee was administratively revalued to 203 from around 238 to the US dollar and exporters braced for more checks, stakeholders said. Marlet. Conversions by exporters dried up after authorities wrote to banks asking for the rate to be revalued to 203, despite the note-issuing bank producing reserve ...

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The cap rate on exporters’ dollar deposit rates is a “good move”: local banks

By Yakuta Dawood Recently, the Central Bank of Sri Lanka (CBSL) imposed a maximum interest rate of 5% for foreign currency deposits from Authorized Commercial Banks (LCB) and National Savings Bank (NSB). This topic is important because this CBSL measure will now eliminate the interest rate anomaly that prevailed in the domestic market between the interest rates offered by banks ...

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CIFT Helps Fish Export Units Modernize Their Testing Laboratories | Rajkot News

Rajkot: Gujarat’s small fish exporting units are finally seeing a silver lining in the dark times that engulfed the industry after China took an unfavorable stance by refusing to take Indian fish. Hope now shines on the besieged state fishing industry which exported around 5,000 crore rupees per year in the pre-Covid era, after the Central Institute of Fisheries Technology ...

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The government is committed to encouraging manufacturers and exporters of fertilizers: Siskin

Federal Minister of Finance and Revenue Shaukat Tarin on Wednesday reaffirmed the government’s commitment to encourage and incentivize fertilizer manufacturers as well as exporters to respond effectively to domestic demand. ISLAMABAD, (UrduPoint / Pakistan Point News – Aug 25, 2021): Federal Minister of Finance and Revenue Shaukat Tarin on Wednesday reaffirmed the government’s commitment to encourage and urge fertilizer manufacturers ...

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PayPal India benefits from edtech boom

PayPal India’s total transaction value jumped 40% from a year earlier in the June quarter as small businesses sold goods and services to overseas consumers amid the second wave of covid , said a senior executive. Services exports were the main driver of volume growth, particularly supported by large electronics technology companies and online tutors, tech freelancers, small software as ...

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Exporters seek more US lines despite delays

Amid shipping delays that raised serious concerns, export industry stakeholders urged shipping companies to open more routes to the United States as most of the cargo on hold heads west. This will alleviate concerns about the movement of goods to one of the country’s main export markets, said the Philippine Exporters Confederation Inc. (Philexport) and the Supply Chain Management Association ...

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