Exporters

The United States must become an energy exporter again –

February 25, 2022 Job : February 25, 2022 Update: 10:05 a.m. KUSI press room SAN DIEGO (KUSI) — Lawmakers across the country announced the Russian invasion of Ukraine, some earlier than others. Representative Juan Vargas, Democrat from the 51st congressional district, joined KUSI’s Paul Rudy on Good Morning San Diego to detail the latest news regarding the attack. According to ...

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PRGMEA expresses its disappointment with the performance of the new IRIS portal – Business & Finance

LAHORE: The Ready Made Garments Manufacturers and Exporters Association of Pakistan (Prgmea) has expressed disappointment with the performance of the Federal Board of Revenue’s new IRIS portal – the platform for filing tax returns on sales – and called for the cancellation of the old fully automated system. Sales Tax E-Refund (FASTER) for transparent and fast payment of exporter refunds. ...

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Nigeria and others absent among the world’s leading LNG exporters

By Adewale Sanyaolu Nigeria and other African nations are missing in the list of countries with outstanding performance in global liquefied natural gas (LNG) export and demand markets. The country’s poor global LNG performance rating is contained in Shell’s annual LNG outlook released yesterday in London. Nigerians can now work and earn dollars EVERY DAY from home. Individuals can earn ...

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Handmade rug industry in decline

LAHORE: Exports of hand-knotted carpets are declining due to shortage of skilled labor, expensive raw materials and higher cost of business. The indifferent attitude of successive governments has also played a key role in the downfall of the carpet industry, which was once vibrant and attracted buyers from all over the world. Exports of handmade rugs have been in continuous ...

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SBI and PHDCCI launch industry outreach program to assist SMEs affected by COVID-19 pandemic in Haryana

The PHD Chamber of Commerce and Industry (PHDCCI), in association with the country’s largest lender, the State Bank of India (SBI), has launched an industry outreach program to help small and micro businesses (SMEs) affected by the COVID-19 pandemic in Haryana. The two organizations conducted an industry outreach program called ‘SBI-PHDCCI Industry Roundtable Meet’ in Karnal, Haryana on February 17 ...

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More agricultural export freight hikes loom, tip shipper body warns | Earth

The freight cost hammer may not yet have fallen on agricultural exporters as the fight for export space on ships intensifies, the Australian Peak Shippers Association (APSA) has warned. APSA has made a series of recommendations as part of an upcoming Productivity Commission review, calling on the federal government to make the waterfront more productive to help reduce costs for ...

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Egypt says tensions between biggest wheat exporters are increasing market uncertainty – News

A possible invasion of Ukraine by neighboring Russia could lead to interruptions in the flow of grain out of the Black Sea region By Reuters Published: Sun 13 Feb 2022, 17:48 Egypt’s supply minister said tensions between Russia and Ukraine, the two biggest wheat exporters, had increased uncertainty in the market, with the government currently working on several protective measures, ...

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Traders reject audit of duty refund claims

LAHORE: Textile businessmen have rejected the audit of exporters’ duty refund claims and said it is against the vision of Pakistan Customs. They said that while the ministry claimed to be moving towards automated customs clearance procedures under the reform program, it was forcing exporters to do lengthy paperwork by sending them notices. In a statement on Wednesday, Chairman of ...

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Accord Financial Corp. announces the relaunch of AccordExpress, which provides financial support to Canadian entrepreneurs throughout the export supply chain

TORONTO, February 8, 2022 /CNW/ – Accord Financial Corp. (TSX: ACD) Accord Financial Corp. (“Accord”) today announced the relaunch of AccordExpress, Accord’s unique small business financing program. For 2022, AccordExpress is designed to support companies engaged throughout the export supply chain. Direct exporters, as well as indirect exporters (companies supporting exporters of goods and services), are welcome to apply. AccordExpress ...

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Gobble up export incentives

Some people are always ready to use their ingenuity to devise schemes to embezzle taxpayers’ money through fraudulent means. The cash incentive introduced to attract more remittances through formal channels and boost export earnings is a good example. No one knows for sure how widespread these abuses are. There are indications that the amount of money scammed must be substantial. ...

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India to hit record exports of $400 billion this year: Piyush Goyal

Trade and Industry Minister Piyush Goyal told the Rajya Sabha on Friday that “India has already crossed $334 billion in exports, which is higher than any full year in the world. past, and it is on track to reach $400 billion in exports.” in the current year”. Responding to question from NCP leader Fauzia Khan during Question Time, Goyal commended ...

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Natural gas shipments, mostly from the United States, ease Europe’s energy crisis

Near the entrance to the vast port of Rotterdam in the Netherlands is a specialist port that offers an alternative to the network of Russian pipelines that feed much of Europe’s thirst for natural gas. The facility, called Gate Terminal, is a critical entry point for liquefied natural gas, an increasingly vital fuel for Europe. This week, a giant tanker, ...

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Less face time costing New Zealand exporters

One of the biggest problems Covid-19 is causing New Zealand is that it is preventing politicians and business people from having face-to-face contact with their counterparts in our main markets. Mike Petersen, a former New Zealand agricultural trade envoy and director of a number of New Zealand agriculture-related businesses, believes face-to-face contact is what rocks the talks. He says it ...

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Why these IIT Delhi graduates are looking to digitize the export ecosystem with their SaaS startup

As founder, Divyaanshu Makkar believes that great ideas cannot be generated; they can only be discovered. In line with the philosophy, friends and colleagues – Divyaanshu, Mayur Bhangale and Vikas Garg – started discussing various ideas to disrupt the Indian export ecosystem, acknowledging the importance of international trade. It led to the birth of Inasmuch assourcewizInasmuch as. The SaaS (software ...

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AEPC President Encourages Garment Exporters to Look to Colombian Market; says focus on high value products

AEPC President Encourages Garment Exporters to Look to Colombian Market; says focus on high value products New Delhi, Jan 29 (KNN) Addressing a B2B meeting, the Chairman of the Apparel Export Promotion Council (AEPC), Narendra Goenka, urged Indian garment exporters to set their sights on increasing their share in the world’s garment imports from China. Colombia focusing on high value ...

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Government allows exporters to make equity investments overseas

Bangladeshi exporters will now be able to make equity investments overseas, subject to an adequate balance of their Export Retention Quota (ERQ) – a portion of the export earnings they have saved in the form of foreign currency . Exporters will be able to invest, in the form of equity, the lowest amount between 20% of their five-year average annual ...

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Growth of coir market by 2029

New Jersey, United States,- the coconut fiber market The report emphasizes on detailed understanding of some crucial factors such as size, share, revenue, forecasted trends, supply, production, demand, industry, and CAGR to provide an in-depth perspective of the world market. In addition, the report also highlights the challenges hampering market growth and expansion strategies of leading companies in the “Coir ...

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Foreign Exchange Rate Gains in Official Market as Forex Turnover Records Rise

The exchange rate between the naira and the US dollar at the official Investors and Exporters (I&E) window closed at N416/$1. The naira appreciated slightly against the US dollar on Friday to close at N416/$1, a gain of 0.08% from the N416.33/$1 recorded in the previous trading session. On the other hand, forex turnover in the official market increased by ...

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Symphony becomes the 2nd exporter of smartphones “Made in Bangladesh”

Symphony started exporting smartphones to Nepal with a shipment of 15,000 smartphones on October 26 last year TBS report January 22, 2022, 2:55 PM Last modification: January 22, 2022, 9:46 PM Photo: Mumit M/TBS “> Photo: Mumit M/TBS Symphony has become the second local brand to export “Made in Bangladesh” smartphones by sending its smartphones to Nepal’s Apex Group. “We ...

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Sampath Bank Announces Strategic Partnership with National Chamber of Exporters – The Island

Sri Lanka’s leading private sector bank, HNB PLC, has partnered with local automotive giant Indra Traders to provide customers with exclusive leasing solutions for unregistered and used vehicles and freezers. Customers can enjoy attractive benefits and discounts during the promotional period from January to December 2022. Dilshan Rodrigo, Managing Director of HNB, Chief Operating Officer, and Rushanka Silva, Managing Director ...

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NKATI urges Dawood to continue its DLTL policy – Business & Finance

KARACHI: North Karachi Trade and Industry Association (NKATI) Chairman Faisal Moiz Khan has urged Prime Minister’s Trade and Investment Advisor Abdul Razak Dawood to continue the policy DLTL to save businesses, especially domestic exports, from destruction. To help exporters, the government should develop a comprehensive and positive DLTL policy and communicate it to all banks. Expressing concern that there is ...

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Sugar exports jump 277% to 17 lakh tons in Oct-Dec 2021-22

Indian exporters shipped around 17 lakh tonnes (lt) of sugar in the October-December quarter of the current 2021-22 sugar season, up from 4.5 l in the same period last year, an increase by about 277%. According to the Indian Sugar Mills Association (ISMA), the apex trade body, an additional 7 liters were being exported in January 2022. Indian exporters have ...

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Bangladesh’s export earnings in major markets rebound

A file photo shows workers queuing before entering a ready-to-wear factory in Dhaka on August 1, 2021. Bangladesh’s export earnings in the first half (July-December) of the fiscal ongoing 2021-22 has seen robust growth in its major markets, including the US, Germany and the UK, as the recovering Western economy has created additional demand for ready-to-wear apparel -to-wear amid the ...

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New technology to improve welfare in Australia’s live animal export industry

Australian live animal exporters will soon use automated sensors to monitor environmental conditions on ships after a successful trial of a new technology developed in Norway. The technology – which aims to improve animal welfare and connectivity – uses a series of nodes to automatically collect and transfer data from sensors throughout the vessel. The data is then sent to ...

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ITC Says Printer Paper Rights In 5 Countries Still Needed

By Grace Dixon (Jan. 11, 2022, 6:39 p.m. EST) – The U.S. International Trade Commission on Tuesday refused to rescind a list of duties on office paper from China, Brazil, Indonesia, Australia and Portugal, believing that imports would continue to hurt domestic producers if the levies were lifted. The ITC completed its first five-year review by assessing whether to remove ...

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FIEO Partners with RebelCorp to Enable 30,000 MSME Exporters to Create and Manage Their Own Websites: Report

Over 30,000 micro, small and medium (MSME) exporters who are part of the Federation of Indian Export Organizations (FIEO) will now have the ability to expand their digital presence by creating and managing their websites. FIEO has partnered with RebelCorp to deploy DIY tools so people can produce their websites with unique designs without coding, Express Financial reports. RebelCorp Founder ...

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CGI, Guangzhou Hold Promotional Event for Indian Herbal / Ayurveda / Beauty Products in China

As part of its efforts to promote Indian Ayurveda and herbal products in southern China, the Consulate General of India (CGI) in Guangzhou hosted a webinar on “Promoting Herbal Products. of plants / Ayurveda / Beauty in China ”. A press release from CGI, Guangzhou said more than 70 Indian exporters, representing Ayurvedic Medicine Manufacturers of India (AMMOI), Karnataka Soaps ...

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Ghana: AGI and Association of Importers and Exporters disagree on reversal of benchmarks

The Ghanaian Industries Association (AGI) has urged the government to ignore calls from some stakeholders to put the implementation of the baseline reversal on hold for further consultations. Speaking in an interview with Joy News, the Association’s executive director, Seth TwumAkwaboah said the government should move forward with implementing the benchmarks while it puts consultations aside. “I am totally against, ...

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Argentina’s Central Bank will earn $ 15 billion from foreign trade in 2021 – MercoPress

Foreign trade brings in 15 billion dollars to Argentina’s central bank in 2021 Tuesday, January 4, 2022 – 17:57 UTC If projections hold true, 2021 would be the fifth best performance of this century Foreign trade represented around $ 15 billion for the Central Bank of Argentina (BCRA) in 2021, according to projections reported Monday in Buenos Aires. It became ...

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Sweater emerges as the next big bet as China exits the market

After retiring from the police force, Mostafa Golam Quddus established a sweater factory in Bangladesh in 1987, marking the country’s entry into the predominantly Chinese-dominated global sweater market at the time. He brought in 43 Chinese experts for his factory and what happened next stunned the local business community – he exported $ 3 million worth of products in the ...

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Textiles industries welcome decision to postpone GST hike | Coimbatore News

Tirupur: Textile industries here have welcomed the Union government’s decision to postpone the GST hike on textiles from 5% to 12%, which was due to go into effect on January 1.Tirupur is home to more than 12,500 knitwear and allied units which employ more than 10 lakhs. The Covid-19 pandemic and containment affected units, especially MSMEs.Tirupur Exporters and Manufacturers Association ...

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India’s expensive onion loses to Pakistan in global market

Onions India’s onion exports have been hampered due to the late arrival of Kharif’s first harvests. The quality of current products and other competing countries are other issues facing onion exports from India. “The Kharif onion crop that is coming in now is of poor quality.” “We expect the quality to improve within a week,” said Ajith Shah, President of ...

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Turkish tastes in the United States

As the entire food industry went through unprecedented challenges last year, Aegean Exporters‘ The associations have taken decisive steps to increase exposure of Turkish flavors in the United States, starting with Las Vegas, Nevada. What does Turkish taste and who are Aegean exporters‘ Associations? Turkish Tastes is the brand that all Turkish food and beverage exporters, under the umbrella of ...

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EXIM Thailand highlighted the year 65, the opportunity to expand the exporter’s market. After showing the best form, set a new record in all dimensions, profit increases by more than 200%

Home »Economy» EXIM Thailand highlighted the year 65, the opportunity to expand the exporter’s market. After showing the best form Set a new record in all dimensions, profit growing by more than 200% December 26, 2021 Sunday, December 26, 2021 EXIM Thailand reports that in 2022, Thailand’s economy is expected to grow alongside the global economy. Exporters must adapt to ...

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In a “boost” to jewelers, FM asks bankers to solve trade-related problems

Union Finance Minister Nirmala Sitharaman on Friday urged bankers to sort out all issues regarding jewelry retailers and exporters by January 10, ahead of the Pongal festival. Presiding over a meeting of bankers and members of the jewelry retailers association in Chennai, Sitharaman said bankers should work closely with the jewelry business to resolve issues related to export credit, disbursement ...

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US LNG exporters look to Europe

Through Sergio Chapa to 12/22/2021 (Bloomberg) – Cold-stricken Europe attracts a flotilla of U.S. liquefied natural gas cargoes amid an energy crisis that has pushed gas prices to record highs. Faced with a winter shortage and little relief from the continent’s main supplier, Russia, natural gas in Northwest Europe is trading at around $ 57.54 per million British thermal units, ...

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What is the way forward for Indian exports? will the momentum continue?

At the start of this fiscal year, the Center set itself a target of $ 400 billion in FY22 exports of goods, which seemed ambitious at the time. After all, our exports for FY21 fell 7.3% to $ 290 billion from $ 313 billion the year before. The drop is mainly due to a sharp drop in exports of petroleum ...

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Thai Hom Mali Rice Wins World’s Best Rice Award for Second Year in a Row

BANGKOK, December 19 (The Nation Thailand / ANN): Thai Hom Mali rice, also known as jasmine rice, has won the 13th prize for best rice in the world for the second year in a row, the trade minister announced. Jurin Laksanawisit. Eleven types of rice from six countries – Thailand, United States, China, India, Vietnam and Myanmar – were nominated ...

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Erdogan’s ponzi scheme collapses

There has always been a foolish method by Turkish leader Recep Tayyip Erdogan, who lowered interest rates even as the value of the Turkish lira vanished from the forex markets. However, the method showed its fragility on Friday, December 17, when the currency traded at 17 per dollar, about half of its November level and one-eighth of its 2014 exchange ...

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Strike by traders in Balochistan: FPCCI calls for immediate redress of concerns

Mian Nasser Hyatt Maggo, chairman of the FPCCI, urged authorities to immediately address the concerns of traders in Quetta and the rest of Balochistan; and, paving the way for the resumption of interrupted import and export activities. He was responding to the emergency situation resulting from the strike launched by the Chambers of Commerce and Industry of Quetta (QCCI) against ...

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EDB runs a coaching program to enable SMEs to access the export market under the new Exporter Development Program – Adaderana Biz Français

The Sri Lanka Export Development Board (EDB) – Regional Development Division has implemented an Export Support Program as a pilot project for twenty-five (25) selected export potential SMEs that are registered in the part of the EDB – New Exporter Development Program and help them develop capacities to enter the export market. The program consisted of 3 phases and in ...

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variation which will oblige the importer to invest the number of the facial zone is in the file of the vision compared to the expenses

variation which will oblige the importer to invest the number of the facial zone is in the file of the vision compared to the expenses timing of funds between exporting merchant and importer unknown buyer Thus, exporters want coverage that is as basic as it ultimately does when your own purchase is made or before the goods become supplied to ...

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Prince Edward Island provides financial support to potato growers and exporters

CHARLOTTETOWN – Prince Edward Island potato growers are receiving provincial financial assistance nearly three weeks after shipments to the United States were suspended due to the discovery of fungal wart. The province said on Friday it was moving forward with a funding program to provide fixed-interest loans to potato growers to cover operational costs. In addition, the government introduced wage ...

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DFCC Bank: signs a memorandum of understanding with the National Chamber of Exporters (NCE)

Sri Lanka’s premier commercial bank, DFCC Bank, has announced the signing of a landmark Memorandum of Understanding with the National Chamber of Exporters (NCE) and will now act as one of the Chamber’s main strategic partners. Through this MOU, DFCC Bank extends the full range of end-to-end financial solutions to all NCE members, giving them access to customized export finance ...

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Exporters want CREATE law changed

A group of electronics manufacturers, the country’s largest exporting sector, are hoping the next administration will give the Philippine Economic Zone Authority (Peza) more leeway to attract foreign investment, a move that will eventually require revisiting. President Duterte’s corporate tax reform law barely more than a year after its passage. Danilo Lachica, president of the semiconductor and electronics industries of ...

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Investment in port infrastructure

KARACHI: Federal Maritime Affairs Minister Ali Zaidi has announced that Karachi Port Trust (KPT) will build a six-lane bridge connecting the east and west docks within 18 months. The estimated cost of the project is Rs2.3 billion. Finally, the government seems to have realized the vital role that the port of Karachi plays in foreign trade. What prompted the government ...

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“Ubharte Sitaare will hold UP exporters in hand and catalyze market expansion”, Siddharth Nath Singh – eGov Magazine

To share Tweeter To share To share E-mail To share Listen to this article Elets Technomedia in association with the Ministry of MSMEs and Exports, Government of Uttar Pradesh; SIDBI; and India Exim Bank organized “Ubharte Sitaare of Uttar Pradesh Conference-cum-Expo 2021” on November 12, 2021. Minister of MSME and Exports of the Government of Uttar Pradesh Siddarth Nath Singh ...

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China ends decades-long preferential tariff certificates for its exporters

Preferential tariff treatment for Chinese companies exporting products to 32 countries – including the 27 members of the European Union (EU), the United Kingdom, Canada, Turkey, Ukraine and Liechtenstein – has ended, as the country’s export products become more competitive. Since December 1, the General Administration of Chinese Customs has stopped issuing certificates of origin under the Generalized System of ...

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Bangladesh Garment Exporters Fear Slow Orders From Europe

While a number of European countries have imposed new restrictions to contain the spread of the new variant of the Omicron coronavirus, garment exporters in Bangladesh fear a drop in exports if the situation worsens. Some, however, were hoping global brands wouldn’t be able to suspend orders this time around and allow store shelves to be empty during the festival’s ...

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South African Farmer of the Year Sacred

Jan le Roux was named South Africa’s Farmer of the Year by the country’s agricultural writers. It is part of the Le Roux group, a famous producer of table grapes and stone fruit based in the Berg River region of Cape Town. Jan le Roux is an entrepreneur in South Africa, who now focuses his attention on his fruit growing ...

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Egypt targets $ 6.5 billion in chemical industry exports in 2023 (official)

The Egyptian Chemicals and Fertilizers Export Council aims to increase the sector’s exports to $ 6.5 billion in 2023, from $ 5.2 billion in 2020. This strategy can be achieved through many mechanisms, the first of which is to guide companies and industrial entities on the importance of introducing modern management systems and using information technologies. In addition, prepare and ...

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DTI pledges support to exporters after pandemic

MANILA – The Ministry of Trade and Industry (DTI) assured exporters that government support to industry, even after the pandemic, will continue to grow the export sector. Export Marketing Bureau (EMB) director Christopher Lawrence Arnuco said the agency provided some relief to exporters at the start of the pandemic and continued to build the capacity of micro, small and medium ...

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fresh produce abandoned on farms because of the stalemate with the airline

A government policy that favors struggling national carrier Kenya Airways (KQ) over cheaper competitors to transport fresh produce to other countries continues to hurt other exporters. Exporters complained about KQ’s lack of capacity to transport their products and the airline’s costly air freight charges. They now fear that they will be forced to throw away half of their products due ...

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Consumer mood improves with return to normalcy | Lithgow Mercury

news, national Australians’ moods have improved over the past week as the nation moves closer to some sort of normalcy, with COVID-19 restrictions continuing to ease. The ANZ-Roy Morgan consumer confidence index rose 1.3 percent, recouping about half of the drop from the previous week. Notably, confidence jumped 4.9% in Victoria after the state eased all its remaining COVID-19 restrictions ...

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Exporters seek intervention funds for SMEs

Stakeholders in the agricultural sector called on economic officials to deepen the export investment plan for small and medium-sized enterprises (SMEs) in the country. Speaking on behalf of stakeholders, renowned expert and Managing Director / CEO of Sourcing and Produce, Mr. Lanre Awojoodu affirmed the need for the federal government to provide access to loans to exporters in their quest ...

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Government promises stable gas supply to exporters in winter

Federal Energy Minister Hammad Azhar on Friday assured exporters in all provinces a stable gas supply during winters. In a Twitter post, Azhar said a successful meeting had taken place with export sectors from all provinces. “They [exporters] have been assured of a stable gas supply over the winter and in return, inefficient captive gas plants will switch to electricity ...

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India’s leather exports jumped 400% in April-May 2021, Business News

The Indian leather industry is on an ambitious growth path. The growth of the Indian leather industry over time and its current development is an insightful story that should not be missed. Marlton, United States – November 17, 2021 / MarketersMEDIA / – India’s leather industry is one of the country’s largest and fastest growing sectors. India is a key ...

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Freightwalla presents free AI-powered freight tracker to help exporting and importing MSMEs – Geospatial World

India’s leading digital freight forwarder Freightwalla has launched a free supply chain automation platform, a smart shipment tracking service for MSME companies. Advanced predictive analytics system will help exporters / importers tackle the risks associated with shipping delays and improve supply chain efficiency for free. The intelligent freight navigation service supported by the latest ML algorithm will be available to ...

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Saudi Exim Bank signs an agreement with Coface

Saudi Exim Bank has signed an agreement with the main French institution Coface to stimulate the development and diversification of Saudi Arabia’s non-oil exports and promote international economic and trade cooperation. Pursuing its objective of expanding reinsurance partnerships, Saudi Exim Bank has signed the agreement with the Compagnie Française d’Assurance pour le Commerce Exterior (Coface), the world leader in professional ...

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AMOpportunities Accepts National Export Award for Clinical Education Expansion

Published on Tuesday, November 9, 2021 AMOpportunities CEO Kyle Swinsky, MBA ’19 accepts the President’s “E” Award for exports from the United States. Assistant Secretary of Commerce Don Graves AMOpportunities received the highest honor awarded to US exporters for its work connecting international medical students with US clinical opportunities and the management of training programs for health schools and hospitals. ...

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SON unveils checkmate rejection standards for Nigerian agricultural products

Gilbert EkugbéThe Standards Organization of Nigeria (SON) has introduced new standards to combat the high level of rejection that Nigerian agricultural products face in global markets. The decision according to the standards body is appropriate and timely to make Nigerian agricultural products competitive in international markets, especially with the introduction of the African Continental Free Trade Agreement (AfCFTA). SON Managing ...

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Big CIIE Opportunity for Global Businesses Amid COVID-19: Vietnamese Exporter

© Provided by Xinhua “Thanks to the CIIE, we can both maintain our relationships with old customers in China and find many potential ones regardless of the restrictions related to COVID-19,” said a Vietnamese participant. by Xuan Nguyen HANOI, Nov. 6 (Xinhua) – The China International Import Expo (CIIE), the fourth edition of which is currently taking place in China’s ...

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China-Chile trade increases despite global outlook

On November 5, the IV China International Import Expo (CIIE) will open in Shanghai. Chilean exporters have participated in this event for 3 consecutive years, promoting strong growth in trade between the two countries. President Piñera was the only President of Latin America to participate virtually and deliver a speech at the inauguration of the III CIIE. Despite the fact ...

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Overview – Hatching Opportunities for Australian Exporters of Eggs and Hatchlings to Korea

Korea plans to increase imports of eggs and hatchlings for the remainder of 2021. This could provide opportunities for Australian exporters to expand trade in fresh table eggs and hatchlings from poultry. Korea has increased its egg imports due to an outbreak of highly pathogenic avian influenza (HPAI). This reduced the number of domestic flocks and limited domestic egg production. ...

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Wheat prices soar, as high fertilizer prices persist • Farm Policy News

In his october Wheat outlook report, the USDA’s Economic Research Service (ERS) noted that “the USDA’s National Agricultural Statistics Service (NASS) has published its Cereal stocks September 30 report, which stated that wheat stocks on September 1 of this year were the lowest for that date since 2007. Stocks this year are particularly tight based on a smaller crop, as ...

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India ‘Aatmanirbhar’ this Diwali. Chinese exports expected to suffer 50,000 crore losses | Latest India News

Chinese products are expected to suffer significant losses in India ahead of Diwali and other festivals. The Confederation of All Indian Traders (CAIT) said it was looking at losses estimated at ??50,000 crore from Chinese exporters this year due to Indian boycott of Chinese products in domestic markets. For the Indians to ban crackers and other cheap Chinese festive goods ...

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Tourism reset could hurt agricultural exporters

The government’s proposal to reduce the number of future international tourist visitors after Covid-19 to focus on higher-spending visitors may solve one problem but create others, according to researchers at the University of Lincoln. Research by Dr Rob Radics, Dr Muhammad Umar and Associate Professor Anthony Brien has highlighted that most of our agricultural produce delivered fresh to market is ...

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BGMEA sees the future in high-end, value-added apparel

Garment exporters in Bangladesh need to focus more on high-end, value-added garments like technical garments as their demand is high in the global market, Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association, said on Tuesday ( BGMEA). The demand for articles of clothing made from synthetic fibers (MMF) is increasing in the global market, and Bangladeshi clothing ...

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FCC trade report shows strong agricultural and food exports in 2020

Despite a global contraction in agricultural exports, 2020 has been a relatively good year for Canadian agricultural and food exporters, according to the latest trade report from Farm Credit Canada (FCC). “Canada’s agriculture and food industry has been resilient in these difficult times and has the potential to emerge even stronger from this pandemic as our producers, agricultural product manufacturers ...

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containers: ‘Containergeddon’ brings sugar and rice shippers back to bulk carriers

NEW YORK: Food traders are moving from containers to dry bulk carriers to transport refined sugar and rice, hoping to avoid shipping delays caused by container shortages and port congestion the industry calls ” containergeddon, “according to traders. Container transport has been hit by exorbitant costs and delays amid booming transport demand, while container terminals in ports struggle to manage ...

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Saudi Arabia, world’s largest oil exporter, targets net zero emissions by 2060, Auto News, ET Auto

RIYAD (Reuters) – The Crown Prince of Saudi Arabia said on Saturday that the world’s largest oil exporter aims to reach net zero emissions by 2060 and more than double its annual carbon reduction target. Crown Prince Mohammed bin Salman and his energy minister said OPEC member Saudi Arabia will tackle climate change while ensuring stability in the oil market, ...

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UK trading partners agree to end relentlessly coal-fired export credit support

Major international trading partners, including the US, EU, Australia and Canada, today agreed to end export credit support for coal-fired power plants. This was agreed at the Organization for Economic Co-operation and Development (OECD) meeting before COP26. The UK ended all financial support for overseas fossil fuel projects in March 2021 and encourages international partners to make similar commitments as ...

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exports: how to file complaints for non-payment of goods already shipped

Exporters often face the problem of receiving late payment or not receiving payment for goods shipped to overseas buyers. Mitigating payment risk is one of the biggest challenges in export transactions, according to exporters. It is imperative that exporters be especially careful when choosing a method to receive payments, as this in itself can be a form of risk mitigation. ...

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“How Nigerian Manufacturers and Exporters Can Exploit Currency Weakness” | The Guardian Nigeria News

Local manufacturers and non-oil exporters have been urged to take advantage of the devalued currency to improve their export capacity and hedge against local challenges, especially under the Continental Free Trade Area agreement. African (AfCFTA). Giving advice during the annual virtual forum for clients of the SME Directorate of the Bank of Industry (BoI), Francis Anatogu, Senior Special Assistant to ...

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Australian wine exports reflect difficult year

Australian wine exports declined 24% in value to $ 2.27 billion and 17% in volume to 638 million liters in the year ending September 2021, according to the latest export report from Wine Australia released today. The average value also fell 9 percent to $ 3.56 per liter free on board (FOB). The decline was attributed to a significant drop ...

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How can agritech solve the great Indian agrarian crisis?

Contributing around 15% to India’s GDP, the agricultural sector supports nearly half of the country’s population. With over 265 million people engaged in agriculture, India is the second largest producer of fruits and vegetables. However, India still has a long way to go in terms of exporting “products”. Research by the Agricultural and Processed Food Export Development Authority (APEDA) found ...

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EXCLUSIVE China seeks to lock down US LNG as energy crisis raises concerns – sources

SINGAPORE / NEW YORK, Oct. 15 (Reuters) – Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term supplies of liquefied natural gas (LNG), amid soaring gas prices and shortages electricity sources are compounding concerns about the country’s energy security, according to several sources. At least five Chinese companies, including Sinopec Corp and China National Offshore ...

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Middle Eastern oil giants clash in market share skirmish

The Middle East’s largest oil exporters are battling for market share in the most prized oil market, Asia, although Asian crude imports have been relatively low over the past three months. The peak of the Delta variant of the coronavirus and higher Middle Eastern oil prices in summer reduced both Asia’s total crude oil consumption and imports from Gulf producers ...

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Vegetable exports increase by 82.88%, fruits by 23.49%

Vegetable exports increased 82.88% in the first two months of the current fiscal year (fiscal year 2021-2022) compared to exports in the corresponding period last year. During the period July-August 21, vegetables worth $ 38.27 million were exported, compared to $ 20.92 million in the same period last year. According to data released by Pakistan’s Bureau of Statistics, tobacco exports ...

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