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Coconut Crisis: Prices Soar in Asia as Climate Disrupts Supply
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The cost of coconuts has reached unprecedented heights in Vietnam, the Philippines, and Thailand because of reduced supplies stemming from climate change impacts and pest infestations. Vina T&T, a major fruit exporter, is currently paying as much as VND220,000 ($8.47) per dozen coconuts directly from farmers, setting new record prices. According to industry experts,…
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Hong Kong’s Channel C Freezes Bank Accounts: Here’s How Patrons Can Get Refunds
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Channel C, a local media organization, has reported being unable to access its bank account and has proposed a refund procedure for its paying subscribers. “As our firm’s financial accounts have been seized, we are currently attempting to engage with law enforcement and are hopeful that the accounts will be released,” stated the independent…
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NICCI and Unilever Nepal Tackle Key Industrial Challenges
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Kathmandu, May 7 – The Nepal Industrial Chambers of Commerce and Industry (NICCI) along with Unilever Nepal convened for talks on Tuesday to discuss an array of critical industry-related issues. As stated by NICCI, issues of importance encompassed the return of dividends, the necessity to reassess tariffs and taxes on raw materials—particularly when contrasted…
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Derrick Bundi: Kenyan Innovator Leading His Company Across 7 Countries
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Derrick Bundi’s enterprising nature emerged during his high school days when he made profits by reselling bread, and this eventually led to him establishing Pretium. He pursued his studies in Business Information Technology at Taita Taveta University and accumulated practical knowledge as a software engineer prior to co-establishing Pretium. Pretium currently functions across seven…
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Indian Aluminium Sector Set to Thrive Despite Global Trade Turbulence
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New Delhi [ India ] May 7 (ANI): India n primary aluminium Manufacturers are expected to stay in a robust profit-making position throughout this fiscal year, despite facing global trade challenges such as the recently increased U.S. tariffs. aluminium According to a report by Crisil Ratings, these imports are included. The United States increased…
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Shanghai’s Gold Rush: Crowds Flock to First-Ever Gold ATM as Prices Soar to Record Highs
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The first “gold recycling ATM” in Shanghai has attracted significant attention, particularly from elderly residents who wish to sell their longstanding jewelry collections amid rising international gold prices. Located within the Global Harbor shopping center in Shanghai, this facility has been attracting lengthy queues recently, necessitating reservations several days ahead of time for those…
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Revolutionizing Business Operations in India: Expand smERP for Small and Medium Enterprises
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VMPL In New Delhi [India], reported on May 7th, small and medium-sized enterprises (SMEs) serve as the bedrock of the nation’s economic structure, representing most commercial entities. These companies account for approximately 30% of India’s Gross Domestic Product (GDP), about 40% of total exports, and around 45% of industrial production outputs. Despite these contributions,…
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Minister of Communications praises ShaQ Express, hails local innovation during visit
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The Minister for Communications, Digital Technology, and Innovation, Samuel Nartey George, has carried out a thorough familiarization tour at the premises of ShaQ Express in Accra. The logistics firm, established in Ghana amidst the COVID-19 outbreak, demonstrated its services such as electric delivery bikes along with custom-developed logistics software. These tools aid Ghana’s digital…
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Republic Bank Boosts Pledge to Empower the Volta Region
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Republic Bank Ghana, a prominent financial entity known for its innovative strategies and customer-centric philosophy, remains dedicated to fostering comprehensive national progress through significant interactions in the Volta Region. These efforts are specifically targeted towards catalyzing changes in agriculture, boosting economic expansion, and enhancing access to financial services. Dr. Benjamin Dzoboku, the Managing Director…
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Del Monte Kenya Approved to Acquire Full 100% Stake in Mananasi Fibre
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CAK has approved Del Monte Kenya’s acquisition of 100% of Mananasi Fibre Limited, citing no threat to market competition Mananasi Fibre specialises in converting pineapple waste into textile-grade fibre, compost, and biochar, and will now be fully controlled by Del Monte CAK’s analysis found that the merger will not alter market structures or lead…