The villagers and commuters in Khothagpa, Pema Gatshel, are greatly benefiting from a little vegetable sales booth established along the roadside. In addition to offering locally farmed, fresh fruit, it is also contributing to the local economy, Bhutan Live reported. In 2018, the government built the sales counter for the Khothagpa dairy group. Farmers have […]
India is exploring trade in local currencies with Tanzania, said Dammu Ravi, Secretary (Economic Relations) in the Ministry of External Affairs on Monday at a presser. “We are exploring new areas of cooperation including in trade in local currencies. This is one of the topics discussed by the two leaders,” Ravi told reporters in the […]
Global crude oil prices moved in the northward direction on Monday, following the Israel-Hamas war that entered Day 3 with large fatalities on both sides. Brent crude, often considered the global benchmark, soared as high as about 5 per cent before some correction. At the time of filing this report, crude oil prices were trading […]
The UAE food industry, seeking support from the Indian government for imports, has emphasized the substantial demand in Middle East countries for various products such as chicken, dairy, basmati rice, frozen marine goods, and wheat from New Delhi. To facilitate this, the industry has requested assistance in streamlining certification processes, enhanced coordination with the Agricultural […]
The Food and Agriculture Organization of the United Nations (FAO) raised its forecast for global cereal production in 2023 to 2 819 million tonnes, now 0.9 percent higher than the previous year. The higher forecast is almost entirely based on recent and more positive yield estimates for the Russian Federation and Ukraine compared to earlier […]
In order to boost the tourism sector, Bhutan has planned to reduce the ‘expensive’ airfares to lower the price for visitors travelling to the country, Bhutan Live reported. According to country’s Finance Minister, this step would result in uptick of travellers to the country and increase the number of visitors that visit the nation, as […]
The Pakistan Agricultural Storage and Services Corporation (PASSCO) stated that wheat weighing 36,000 metric tons stored in stores was damaged and is now up for auctions, ARY News reported. For this, the PASSCO also issued tenders to auction the wheat. According to the Pakistan-based media outlet, the PASSCO earlier claimed that the flash floods triggered […]
The global coffee industry has seen remarkable expansion in recent years, with growing demand for coffee surging by 28.6 million kilogram bags, far exceeding production, Vanusia Nogueira, Executive Director, International Coffee Organisation told BW Retail World. In the past three years, coffee production and consumption have surged, leading to a deficit in the market, she […]
In upcoming annual negotiations, French supermarket retail groups may push for price reductions ranging from 2 per cent to 5 per cent from food manufacturers, as revealed by Thierry Cotillard, President of Les Mousquetaires, during discussions with lawmakers. French retailers, including Les Mousquetaires, have raised concerns about what they perceive as unjustified price increases by […]
The United Arab Emirates (UAE) has imposed a ban on fresh meat imports from Pakistan via sea route after fungus was found on meat, according to ARY News. A restriction was imposed when fungus was discovered on meat sent from Karachi to the UAE by a firm. The restriction will be in effect until October […]
