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A recent report by economist Graeme Crosbie, commissioned by a national financial institution, highlights a significant trend in Canada’s food consumption patterns. Over the past two decades, Canada has increasingly relied on imported food, reducing its reliance on domestically produced goods.   At the turn of the century, Canadian-produced food accounted for 80% of total […]

Thailand is set to elevate its export criteria and agricultural product standards, reinforcing the credibility and quality of the “Made in Thailand” brand. This commitment was announced by the Agriculture and Cooperatives Minister on Monday following a meeting with the chairman of an international trade promotion council in Shanghai.   The meeting, part of an […]

July 9, 2024

Daisy

International Trade, News

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A major seaport in Bangladesh has experienced significant growth in export-import trade during the fiscal year 2023-24 compared to the previous fiscal year. In FY2022-23, the port saw the arrival of 827 ships. This number rose to 846 ships in FY2023-24, surpassing the target of 840 ships by 6. This data was revealed in a […]

July 8, 2024

Daisy

Egypt, International Trade, News

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The Cabinet’s Information and Decision Support Center has revealed a positive development in Egypt’s non-petroleum trade deficit for the first quarter of 2024, marking a 22.9% decrease to $6.4 billion compared to approximately $8.3 billion in Q1 2023. This improvement is attributed to increased non-petroleum exports coupled with reduced non-petroleum imports. During Q1 2024, Egypt’s […]

Bangladesh’s Food Minister, Sadhan Chandra Majumder, announced that the country will focus on exporting rice instead of importing it in the future.   “In the past two years, our government has refrained from importing rice, and this year, there is no necessity for rice imports,” he stated during the inauguration of the Agriculture Technology Fair-2024 […]

Reykjavik, Iceland – The 14th Icelandic Fisheries Exhibition, known as IceFish, is set to captivate industry professionals and enthusiasts alike from September 18-20, 2024, at the Smárinn, Fifan Halls in Kópavogur, Iceland. This biennial event serves as a cornerstone for Iceland’s thriving seafood and aquaculture sectors, showcasing cutting-edge technologies, innovative products, and sustainable practices shaping […]

Indonesia’s Minister of Trade, Zulkifli Hasan (Zulhas), has clarified that the upcoming increase in anti-dumping import duties will not solely target products from China but will extend to imports from all countries.   Addressing the press during his visit to the Rendang Asese Center in Padang, West Sumatra, on Sunday, July 7, 2024, Zulhas emphasized […]

In the first five months of 2024, trade between China and countries where Portuguese is spoken has surged to unprecedented levels, marking a significant milestone for economic exchange.   Data from a prominent trade organization reveals that exports from Portuguese-speaking countries to China have soared to a record US$58.4 billion. This marks a substantial 12.9% […]

June 25, 2024

Daisy

Logistics, News

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The Warehousing and Material Handling Exhibition (WAREMAT) is set to take place from August 1st to 3rd, 2024, at the CODISSIA Trade Fair Complex in Coimbatore. This event provides a unique opportunity for businesses to explore new prospects in warehousing, material handling, storage, logistics transportation, and supply chain management. It will also serve as a […]

The AUTOROBOT Expo, a leading event dedicated to automation and robotics, has once again brought together industry professionals, innovators, and enthusiasts from around the world. As the global manufacturing industry embraces its fourth revolution, the spotlight is on the transformative impact of robotics, automation, and artificial intelligence (AI).   Automation and robotics have seen significant […]

The Philippines is rapidly emerging as a powerhouse in the fintech sector, driven by a synergy of government initiatives and private sector innovations. With the country’s digitalization efforts accelerating, fintech adoption is poised to reach 72% of the population by 2024. This burgeoning growth is highlighted by the impressive $344 million in funding raised in […]

New Delhi, India – AMTEX (Asian Machine Tool Exhibition), one of India’s most significant events in the metal cutting and machine tools industry, is set to take place at Pragati Maidan, Delhi, from July 26 to 29, 2024. Since its inception in 2001, AMTEX has been a cornerstone event for industry professionals, offering a unique platform […]