The Indian government had privately urged importers of palm oil to stop importing the product from Malaysia which has resulted in a virtual halt in the import of Malaysian palm, claimed reports in India quoting industry and government sources. This… Read More ›
Day: January 13, 2020
EU Could Trade London’s Access To EU Market Against EU Rights For Fishing
The European Union could allow the City of London to gain access to European markets in exchange of the United Kingdom allowing fleets from Europe to continue to fishing rights in British waters, suggested the EU’s trade commissioner. She said… Read More ›
US Chamber Says Phase 1 Trade Deal Will Stop Bleeding But Not End Sino-US Trade War
While the so called phase one of the trade agreement between the United States and China, that is slated to be signed later this week, will be able to only stop the bleeding but will not be able to bring… Read More ›
Hong Kong considers tweaking tax framework to attract private equity
On Monday, Hong Kong’s finance secretary Paul Chan stated, the government is weighing its options for introducing a more “competitive” tax arrangement in order to attract private equity funds to the city. The development comes in the wake of China’s… Read More ›
China’s BYD Co Ltd appoints former GM China President, Kevin Wale, as senior adviser
On Monday, Warren Buffett-backed BYD Co Ltd stated, it has appointed former General Motors China President, Kevin Wale, as a senior adviser to its chairman. In a statement China’s BYD stated, Wale will provide consulting services to BYD’s automotive business,… Read More ›
Indonesia and UAE sign business deals worth $23 billion
On Monday in a tweet, Indonesian President Joko Widodo stated, Indonesia has signed 11 business deals with the United Arab Emirates worth a combined $23 billion (314.9 trillion rupiah). The deals covers investments in areas including energy. Widodo mentioned that… Read More ›
China-Mexico agreement helps boost Chinese exports of goods and services to Mexico
In a statement, Mexican bank Grupo Financiero Banorte stated, it had signed an agreement with China’s Export and Credit Insurance Corp, Sinosure, to help it finance projects in Mexico that involve imports from China. Banorte did not disclose the value… Read More ›