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MSME engineering exporters seek PM's intervention on rising steel prices

MSME engineering exporters seek PM s intervention on rising steel prices
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Last Updated: Jun 06, 2021, 02:27 PM IST
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Synopsis
In a letter to the prime minister, Ludhiana Hand Tools Association President S C Ralhan said that many of the competing countries, particularly China, provide support to manufacturing units by providing steel and other inputs at much reasonable prices to boost competitiveness of their engineering sector in the global markets.
AFP
Engineering exporters in the MSME segment have sought Prime Minister Narendra Modi s intervention on rising steel prices, stating that the industry needs the alloy and other inputs at affordable rates so that export competitiveness of value-added products is maintained in the global markets. In a letter to the prime minister, Ludhiana Hand Tools Association President S C Ralhan said that many of the competing countries, particularly China, provide support to manufacturing units by providing s ....

Narendra Modi , Ludhiana Hand Tools Association , Prime Minister Narendra Modi , Export Competitiveness , Steel Prices , Global Markets , நரேந்திர மோடி , லூதியானா கை கருவிகள் சங்கம் , ப்ரைம் அமைச்சர் நரேந்திர மோடி , ஏற்றுமதி போட்டித்திறன் , எஃகு ப்ரைஸஸ் , உலகளாவிய சந்தைகள் ,

LDC graduation: Govt ready to turn challenges into opportunities, says Commerce Secretary-550942

Commerce Secretary Dr Md Jafar Uddin
The role of the commerce ministry has become more important than ever with Bangladesh getting recommended for an exit from LDC in a few years. In an exclusive interview with the Daily Sun, Commerce Secretary Dr Md Jafar Uddin shared insights on the government’s strategies and ambitions regarding the country’s LDC graduation.
Hasibul Aman
Despite some challenges, LDC graduation will create opportunities for Bangladesh and it has the capabilities to face the challenges, Commerce Secretary Dr Md Jafar Uddin has said.
“We are not frightened about LDC graduation as we have the potential and capacity for tapping those opportunities,” he told the Daily Sun on Wednesday in an exclusive interview. ....

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Evolving trend in Pakistan's trade

Evolving trend in Pakistan’s trade
Improved trade facilitation, digitalisation of procedures will be critical to reducing costs
The government has already missed the annual export target in its first two years. For the current fiscal year, it has set the export target at $22.7 billion, which will require 6.2% growth. PHOTO: FILE
KARACHI:
Exports from Pakistan continue to show an upward trend as they increased 14.37% in March 2021 over the value reported in February 2021 and 30% over the value reported in March 2020, as reported by the Pakistan Bureau of Statistics (PBS).
Export growth was reported across all major categories. Exports of the food group increased 16.5% month-on-month in March 2021. This was dominated by exports of Basmati rice, which increased 73% month-on-month. Similar growth rates were also reported for fish and fish preparations. ....

United States , Pakistan Bureau Of Statistics , International Economics , Sustainable Development Policy Institute , Pakistan Bureau , State Bank , South Asian , South America , Export Competitiveness , ஒன்றுபட்டது மாநிலங்களில் , பாக்கிஸ்தான் பணியகம் ஆஃப் புள்ளிவிவரங்கள் , சர்வதேச பொருளாதாரம் , நிலையான வளர்ச்சி பாலிஸீ நிறுவனம் , பாக்கிஸ்தான் பணியகம் , நிலை வங்கி , தெற்கு ஆசிய , தெற்கு அமெரிக்கா , ஏற்றுமதி போட்டித்திறன் ,

Govt launches $7.5m Covid response fund

Entrepreneurs will now get financial support from the government to produce medical and personal protective equipment (MPPE) for both local and international markets as the fight against Covid-19 continues.
Commerce Minister Tipu Munshi yesterday launched a $7.5 million Covid-19 response fund to help private enterprises procure the necessary equipment in this regard as the demand for MPPE products has ballooned amid an ongoing second wave of infections.
The fund, styled Covid-19 Enterprise Response Fund (CERF) , is an initiative of the Export Competitiveness for Jobs (EC4J) project which is currently being implemented by the commerce ministry with support from World Bank Group. ....

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Bangladesh launches $7.5m fund for production of protective equipment in pandemic

Staff Correspondent,
bdnews24.com
Published: 18 Apr 2021 08:53 PM BdST
Updated: 18 Apr 2021 08:53 PM BdST
The commerce ministry has launched a $7.5 million COVID-19 response fund for private enterprises to aid them in producing medical and personal protective equipment in an effort to fight the coronavirus.
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Commerce Minister Tipu Munshi virtually announced the fund titled COVID-19 Enterprise Response Fund , initiated with the support of the World Bank, under the ministry s Export Competitiveness for Jobs project on Sunday.
Any firm registered and operated in Bangladesh for more than three years can apply for grants ranging from $50,000 to $500,000. The factory has to meet government, social, environmental and other standards and must be financially viable, he said. ....

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