Page 122 - Import News Today

In March, the ministry destroyed 18,250 pieces of used imported clothing, shoes, and bags in Pekanbaru, Riau with a total value of Rp10 billion.

As sugar prices started to rise due to estimates of lower production of sugarcane in Maharashtra and Karnataka, the Centre capped diversion of sugarcane juice for ethanol at 1.7 million tonnes in the ethanol supply year of November-October 2024. Sugar production till end of December in the current sugar season (2023-24) reached 11.18 million tonnes compared with 12.12 million tonnes for the same period in the previous year, according to Indian Sugar Mills Association, the industry body of privat...

KDS Logistics Limited managed to retain its position as the top private inland container depot (ICD) in terms of handling export and import cargoes in 2023, a year when business in ICDs saw a year-on-year decline of nearly 11 per cent.

KUALA LUMPUR: The implementation of a 10 per cent sales tax on low-value goods (LVG) costing RM500 and below sold online would allow local businesses to market their products of the same quality at an even selling price, thus boosting consumer demands.

Online retail companies in Malaysia have started collecting low-value goods (LVG) taxes on imported goods below 500 RM (108.64 USD).

Armenian government extends cement imports ban

A recent study by Finnish Customs reveals a growing trade partnership between Finland and the United States. The United States has reaffirmed its position as Finlands third-largest export destination and has risen to become the fifth-largest source of imports for Finland between January and September 2023. This trading relationship has resulted in a significant surplus for Finland, highlighting the United States increasing importance as a trading partner.

StoneX dairy broker Dave Kurzawski looked back on 2023 in the Jan. 1 "Dairy Radio Now" broadcast and said there were many developments that impacted the dairy industry but one

Economic think tank GTRI (Global Trade Research Initiative) in its report said that India needs to cut its reliance on imported vegetable oils to promote better health outcomes and also reduce the import bill.

Koreas terms of trade rose for the sixth consecutive month in November as import costs fell at a faster pace than export prices, central bank data showed Friday.