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February 10, 2021
Futures, a sagging commodity A tale of mentha farmers and traders in Uttar Pradesh India’s commodity exchanges have seen spectacular growth in trading volumes, liquidity, and participation. However, the agricultural commodity derivative segment has been losing sheen post-2016-17, and this downturn is attributed to declining trade and illiquid futures contracts. Take the case of mentha oil futures, which has seen a declining trend in trading volume, open interest, and futures price since 2017...
February 9, 2021
Unsplash (KNSI) – Minnesota’s Seventh District Congresswoman Michelle Fischbach has been chosen to serve as Ranking Member of the House Agriculture Committee’s Subcommittee on Commodity Exchanges, Energy, and Credit. The subcommittee has jurisdiction over policies, statutes, and markets related to commodity exchanges, agricultural credit, rural development, energy, and rural broadband. In a statement, Fischbach says, “it is an honor to be named Republican lead on a subcommittee that dea...
February 8, 2021
POLITICO Get the Weekly Agriculture newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 02/08/2021 10:00 AM EST Editor’s Note: Weekly Agriculture is a weekly version of POLITICO Pro’s daily Agriculture policy newsletter, Mo...
January 28, 2021
ANKARA: The International Monetary Fund (IMF) has forecast that Turkish gross domestic product (GDP) will grow by about 6 percent this year, which was more optimistic than some recent analysts’ expectations. Timothy Ash, a London-based senior emerging markets strategist at Bluebay Asset Management, said he expects real GDP growth of 2 to 3 percent for the Turkish economy. “I expect this rate assuming Turkish Finance Minister Naci Agbal holds the higher for longer monetary policy mantra and ...
January 26, 2021
2021-01-26 12:35:47 GMT2021-01-26 20:35:47(Beijing Time) Xinhua English ISTANBUL, Jan. 26 (Xinhua) -- Turkeys leading business associations and unions on Tuesday called on the government to urgently take necessary steps to ensure price stability to lure foreign investment in the post-pandemic era. "Every economic recovery without price stability would be short of duration and narrow the investment horizons of our business people," said the chairmen of four organizations, including the Tu...
January 21, 2021
21 Jan 2021 - 9:01 Participants during the 1st Virtual Conference of the Chamber of Commerce & Industry of the Asian Cooperation Dialogue Member Countries (ACD) held yesterday. The Peninsula Doha: Qatar is keen on developing and promoting its economic and commercial ties with all friendly Asian countries, said a senior official of Qatar Chamber (QC), at an event yesterday. The Chamber recently participated in the 1st Virtual Conference of the Chamber of Commerce & Industry of the Asian Coo...
January 20, 2021
Market participants’ plea for removal of Commodity Transaction Tax (CTT) ever since it came into existence in July 2013 on non-agricultural commodity derivatives trading in India has gone unheeded so
January 20, 2021
FBCCI seeks joint investment among Asian Cooperation Dialogue nations Star Online Report Star Online Report The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today sought joint investment and research and development among the Asian Cooperation Dialogue (ACD) nations. The joint investment can be explored in the areas of skill development, e-commerce, manufacturing, food processing, agro-mechanisation, equipment, light engineering,...
January 14, 2021
Last Updated On: Jan 15 2021 07:50 Gmt+3 Turkey’s biggest business group censured the country’s banks for charging excessively high interest rates on loans. Banks in Turkey are increasing borrowing costs for businesses and consumers sharply after the central bank more than doubled it benchmark interest rate in recent months to shore up the value of the lira and to rein in inflation. Loan costs are now excessive and unwarranted from a business point of view, Rifat Hisarcıklıoğlu, the he...
January 9, 2021
Country wants to expand Turkish exporters network, creating new business opportunities in US