Strong Thai baht hitting exporters and tourism, says central bank – Bangkok Post
Publication date: September 30, 2024 17:17 small medium big A worker collects rubber sap from a tree at a plantation in Isan, Thailand, on September 24, 2024. A rapid appreciation of the baht is hurting exporters and tourism spending, the central bank said on Monday. (Bloomberg Photo) rapid thanks Thai Baht Exporters and tourism spending […]
Red Sea Attacks Hurt Chinese Exporters Even as Houthis Promise Not to Bomb Chinese Ships
Chinese exporters are feeling the pinch of rising shipping costs due to the Red Sea terrorist attacks by Yemen's Iranian-backed Houthis, with Premier Li Qiang even vaguely mentioning the crisis in a speech at the World Economic Forum (WEF). is. . In his remarks to the WEF last week, Li emphasized the need to keep […]
GOP senator introduces bill to protect US gun exporters from Biden admin’s license pause
A Republican senator is leading a bill that would block the Secretary of Commerce from restricting export licenses to U.S. gun manufacturers. Utah Republican Sen. Mike Lee on Monday introduced the U.S. Gun Exporter Protection Act, which would block Commerce Secretary Gina Raimondo from suspending the department's 90-day suspension of gun export licenses. “The Biden […]
Top Russian banks Say Exporters Can Now Get Trapped Funds From India
India is a big beneficiary of cheap Russian oil. Moscow: Top Russian lenders Sberbank and VTB said they were increasing their ability to convert rupees into rubles to help exporters raise funds effectively trapped in India due to Western sanctions. Since Russia sent troops to Ukraine in February 2022, Western countries have imposed sweeping sanctions […]
Japan provides seafood exporters emergency relief after China responds to Fukushima water release with ban
After Japan released treated radioactive wastewater from the Fukushima nuclear power plant, China banned all imports of Japanese seafood. Prime Minister Fumio Kishida announced a $141 million emergency fund to help Japanese exporters affected by China’s seafood embargo. Residents of Hong Kong, South Korea and other neighboring countries have also pledged to stop eating Japanese […]