Latest News for: Commodity imports


A spiral of inflationary pressures

Dawn 20 Sep 2021
According to an estimate, Pakistan imported $708m worth of pulses in 2020-21 compared to $608m last year. Due to higher commodity prices on an international level, the overall import bill for food also registered a rise as both palm and soybean oil increased to $2.7 billion — amounting to one-third of the total food import bill.

Should emerging Asia worry about a “taper tantrum” post-COVID-19?

Asia Pathways 20 Sep 2021
... on US dollar-denominated debt as an important transmission channel ... Value and Growth of Creative Goods Exports and Imports in ASEAN ... Commodity price rises also entail risks for commodity exporters in terms of inflation expectations and commodity importers in terms of consumption.

Italy tops list of countries importing Egyptian products during first half of year

Egypt Commercial News 19 Sep 2021
Official data revealed that Italy topped the list of the largest importers of Egyptian products during the first half of this year, recording $1.140 billion ... Petroleum products ranked first on the list of the 10 most important commodities exported by Egypt to various countries during the first half of this year, with a total of $2.7 billion.

Foreign trade in China's Heilongjiang up 22.3 pct in first 8 months 19 Sep 2021
Over the period, the province's imports rose by 24.2 percent to 100.1 billion yuan ... Imports of key commodities in the province such as natural gas, timber and soybeans all registered robust growth.

China-Mongolia frontier port witnesses strong expansion in cargo transport

MENA FN 19 Sep 2021
(MENAFN) On Friday, Sep. 17 local customs stated that the import and export values of commodities transferred through the frontier port of Erenhot in north China's Inner Mongolia Autonomous Region ... .

Stocks lose 562 points in jittery rupee week

Dawn 19 Sep 2021
Moreover, higher coal prices continued to put pressure on cost of production of cement, while higher oil prices raised concerns over future import bill.Temporary suspension of gas supply to general industries, and mounting international commodity prices also kept investors on their toes.

Gasoline crisis.. A Lebanese doctor attends a birth operation on a bicycle

The Eastern Herald 19 Sep 2021
-ADVERTISEMENT- ... And he added in his comment ... The fuel crisis is one of the most prominent repercussions of a severe economic crisis that Lebanon has been experiencing since late 2019, which has caused a financial collapse, and the lack of sufficient foreign exchange to import basic commodities, such as medicines and others ... � The Eastern Herald ... ....

EVMs should be used to eliminate rigging chances forever: Farrukh Habib

Urdu Point 19 Sep 2021
The government had also planned to increase productivity of various agri commodities so that we could save valuable foreign exchange which was earlier spent on import of pulses and edible oil.

Businesses strive to live with Covid-19

The Saigon Times 18 Sep 2021
Click here for full stories. ... Vietnam imposes 0% duty on 31 commodities from Cambodia. Vietnam imposes 0% duty on 31 commodities imported from Cambodia ... .

What Is a Performance Bond? – An Investment Guide

Yahoo Daily News 18 Sep 2021
They are issued by banks, insurance companies and surety companies and are common in construction, real estate development and import/export contracts. In commodities markets they are called margins, where good faith money is deposited as collateral to secure futures contracts.

Weekend Long Read: The Headaches Plaguing China’s Exporters and How They Are Hurting Trade

Caixin Online 18 Sep 2021
Foreign trade and foreign-invested companies in China are important parts of its economy ... The central government has issued a number of policies, such as the promotion of import diversification and the establishment of stable channels for bulk commodities, to stabilize foreign trade.

Food import bill surges by over 50pc to $1.473bn

Dawn 18 Sep 2021
The continuing food import bill is triggering trade deficit that may cause uneasiness on the external side for the government. It is worth mentioning that Pakistan spent over $8bn on import of edible items in the last financial year ... The palm oil import bill increased due to rise in international price of this commodity.

Govt committed to provide maximum relief to masses: Tarin

Urdu Point 17 Sep 2021
This has affected Pakistan directly being a net importer of staple commodities namely wheat, sugar, edible oil etc ... Moreover, sugar (0.6 MMT) and wheat (4.0 MMT) are being imported to build strategic reserves and Provincial administrations and departments concerned have been directed to sell both the commodities at Government fixed rates, he said.

New Lebanon PM seeks 'quick fixes' to help his country out of economic crisis

CNN 17 Sep 2021
The Lebanese government increased oil prices by more than 37% on Friday, as the country continues removing subsidies on imports in an attempt to attract international monetary aid ... "The subsidies are almost lifted because we don't have any more cash or reserves to subsidize oil or other commodities," Mikati told CNN.

Shipping activity at Port Qasim

Urdu Point 17 Sep 2021
The commodity-wise break-up of import and export cargo is highlighted as under Seven ships namely, Chole, Tai Summit, Nilos, Sheng Maohai, Wealthy Loyal, Sanmar Songbird and Anadi carrying Coal, Canola, General Cargo, Palm oil, Gas oil and LNG are expected to take berths at PIBT, ...