Outbreak has disrupted supply chains and hit business activity across the country China’s exports plummeted in the first two months of the year as the coronavirus outbreak disrupted global supply chains, damped business activity and blocked transport across the world’s second-largest economy. China’s overall exports contracted by 17.2 per cent in dollar terms in January […]
Realising the export potential of chilled and live marine foods, the Marine Products Exports Development Authority (MPEDA) is looking at the possibility of sending such shipments by air. The agency has sought the Civil Aviation Ministry’s intervention to facilitate logistical requirement for such consignments through the airports. “Considering the higher unit value realisation of such […]
The resurgence of rising trade dispute between the US and China has heightened the tensions in the global trade atmosphere and added risks to Thai export sector in the remainder of 2019. The outbound shipment of Thai goods in April 2019 totaled USD18,555.6 million, declining 2.57 percent YoY. Consequently, Thai exports in the first four […]
Indian defence sector sees good opportunities for exports to the South East Asian and the Gulf countries where slower economic growths have put budgetary pressure on acquiring viable, cost-effective and reliable solutions. SINGAPORE: India will export its first batch of missiles this year to the South East Asian and the Gulf countries after receiving “increasing […]
China’s economy is expected to slow to 6.2 percent this year, the weakest in nearly 30 years. BEIJING: China’s April exports unexpectedly fell 2.7 percent from a year earlier, while imports grew by a surprising 4 percent, their first increase in months, official data showed on Wednesday. That left the country with a trade surplus […]
BANGKOK, 27 April 2019 (NNT) – The effort of the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) to promote Thai processed agricultural products to markets in China succeeded further when a Chinese company decided recently to pilot the purchase of 16,000 tons of Thai processed fruit products, which will generate more […]
The marketing giant in the fruit drinks and concentrate powder sector, Rasna India, is all set to penetrate further into the African market with its already established overseas domain in East Africa. In Africa, which accounts for a fourth of Rasna’s exports, the brand is all guns blazing to introduce its ethnic variety of products […]
The Central Board of Indirect Taxes & Customs (CBIC), the apex policy-making body for indirect taxes, seems to be in no mood to consider giving exporters exemption retrospectively from the pre-import conditions to avail I-GST (Integrated Goods and Services Tax). The Madurai Bench of the Madras High Court had upheld the circular of October 2017 […]
On March 4, President Donald Trump announced that the US intends to terminate India’s designations as a beneficiary developing country under the GSP programme. WASHINGTON: A group of 25 influential American lawmakers has urged the US Trade Representative not to terminate the GSP programme with India after the expiry of the 60-day notice on Friday, […]
Trump’s sanctions on Iran are intended to curb its nuclear and ballistic missile programme and reduce its influence in Syria, Yemen and other countries in the Middle East. WASHINGTON: U.S. sanctions on Iran could boost oil prices and inflation to a point that hurts the common person in India, the country’s ambassador to the United […]
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