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boost exports
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Port of Melbourne Lease Cautiously Welcomed
Sep 27, 2016The Port of Melbourne. The Victorian Government has successfully leased the Port of Melbourne for more than $9.7 billion. The Lonsdale Consortium, comprising of the Future Fund, QIC, GIP and OMERS signed a lease of the port’s ...
Tags: Port of Melbourne, lease
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China to Make up 25% of Foreign Delegations
Jun 12, 2016Chinese companies make up a quarter of the foreign delegations to take part in the International Festival for Business (IFB) held this year in the northwestern British port of Liverpool, organizers said Saturday. "Our target had been for ...
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EBRD Invests $100m in United Sugar Company of Egypt
Apr 5, 2016The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
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Defra Launches Great British Food Unit to Boost Food Products Exports
Feb 3, 2016The Department of Environment, Food and Rural Affairs (Defra) has established Great British Food Unit intended to boost exports and create 5,000 jobs in food and drinks manufacturing sectors. The partnership between the sector ...
Tags: Defra, Food Products
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Sinopec, Petrochina Cut Domestic Oil Product Sales, Boost Exports
Nov 4, 2015China's state-owned oil giants Sinopec and PetroChina reported a modest 1.73 million mt or 0.7% increase in their domestic oil products sales in the first nine months of 2015, but exports rose by 2.59 million mt or 12% in the same period, ...
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China Devalues Yuan in Surprise Move
Aug 12, 2015China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar
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China Faces Mounting Export Pressure
May 5, 2015A new official report has highlighted China's mounting economic challenges, including how to boost exports, amid the slow recovery of the global economy and some countries resorting to currency depreciation. "The world economy is growing ...
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Abolishing Excise Duty Will Help The Growth of The Indian Textile Industry
Jan 5, 2015Indian synthetic fibre and yarn producers have urged the Union Ministry of Finance to abolish excise duty of 12 per cent levied on the industry and bring it at par with the cotton fibre and yarn sector. “This will help the growth of ...
Tags: cotton fibre, yarn sector, Textile
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Sheikh Hasina Has Requested Buyers to Raise The Prices of RMG
Dec 10, 2014Bangladesh Prime Minister Sheikh Hasina has requested buyers to raise the prices of readymade garments (RMG) so that RMG workers could lead a more comfortable life. The Prime Minister said this while inaugurating the first-ever ...
Tags: readymade garments, Apparel
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SIMA Welcomed The Decision of The Duty Drawback Committee
Nov 21, 2014Chairman of The Southern India Mills’ Association (SIMA), T Rajkumar welcomed the decision of the Duty Drawback Committee and the Government for announcing enhanced rates and value caps for textiles and clothing products. The Duty ...
Tags: textile export, promotion councils, Apparel
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AEPC Will Revision of Duty Drawback Rates for Apparel
Sep 18, 2014The Apparel Export Promotion Council (AEPC) has been constantly seeking an upward revision of duty drawback rates for garments for the past few months. In view of a proposal of duty drawback rate for 2014-15 expected to be submitted to ...
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Garments Industrial Zone Has Been Renamed as Punjab Apparel Park
Jan 14, 2014The proposed project of Garments Industrial Zone to be set up in Pakistan’s Punjab province has been renamed as Punjab Apparel Park. Nodding to the proposal for name change during a high level meeting, Punjab Chief Minister ...
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Pakistan Will Enjoy Concessions on 6,000 Tariff Lines Due to Grant of GSP+ Status by EU
Dec 18, 2013Pakistan will enjoy concessions on 6,000 tariff lines, against the current 150 tariff lines, due to the grant of the Generalized System of Preferences Plus (GSP+) status by the European Union (EU), which takes effect from January 1, 2014, ...
Tags: tariff lines, Duty
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Toyota Boss Akio Toyoda Has Said "Aim at Achieving Sustainable Growth"
Nov 20, 2013Toyota Motor Corporation boss Akio Toyoda has said the company’s Australian manufacturing operations needs to “aim at achieving sustainable growth” if it is to remain viable. Speaking at a pre-Tokyo motor show dinner, ...
Tags: Toyota, Australian Plant
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Pakistani Textile Needs to Understand Global Market Federal Minister for Planning
Oct 12, 2013In order to boost exports, Pakistani textile sector needs to focus on production of need-based products catering to international market and global standards, Federal Minister for Planning, Development and Reforms Ahsan Iqbal said. ...
Tags: Textile
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