India announces 20% export duty on some grades of rice

International Business News  –  According to Singapore’s “Lianhe Zaobao” website on the 10th, the Indian government announced that it will impose a 20% export tariff on some grades of rice from the 9th and ban the export of broken rice,…

Hong Kong once again named world’s freest economy

International Business News  –  According to a report on the website of the Hong Kong Economic Times on September 9, the Fraser Institute, a Canadian think tank, released the “World Economic Freedom 2022 Annual Report”, and Hong Kong continues to…

Japan takes necessary measures to deal with excessive depreciation of the yen

International Business News  –  According to Reuters reported on September 11, a Japanese government spokesman said Japan must take measures to deal with the yen’s “excessive unilateral” exchange rate movements. The report said that Japan’s Deputy Chief Cabinet Secretary Seiji…

Kazakhstan companies sell $137.7 million in goods through Alibaba platform

International Business News  –  This year, companies in Kazakhstan sold 137.7 million dollars of goods through Alibaba e-commerce platform. Kazakhstan’s first e-commerce forum opened in the capital on the 8th, the topic of which was the development of Internet trade….

Kazakhstan considers exporting coal to Europe via Trans-Caspian international transport corridor

International Business News  –  Secretary General of the International Association of Trans-Caspian International Transport Corridor Gaidar Abdikerimov, at a seminar with the Ministry of Industry and Infrastructure Development of Kazakhstan on September 7, proposed to export Kazakhstan coal in soft…

Russia and China to settle gas trade in local currency

International Business News  –  Gazprom and China National Petroleum Corporation (CNPC) will instead settle gas supplies to China via the Siberian Power pipeline in rubles and yuan, the company announced in an announcement, TASS reported on September 6. The announcement…

Vietnam and Laos strive to achieve bilateral trade volume of US$2 billion

International Business News – Since the establishment of diplomatic relations between Vietnam and Laos 60 years ago, the two countries have been walking side by side and have achieved vigorous development; bilateral trade relations have been actively developed, becoming increasingly…

India’s pursuit of becoming a global power may cause it to abandon its “backyard” interests

International Business News – In his book “The Indian Way: Strategies for a Turbulent World,” Indian Foreign Minister Su Jaisheng writes that India’s grand strategy should be “to (promote) national interests by identifying and exploiting the opportunities presented by global…

Kazakhstan oil output to fall to 1.706 million barrels in October

International Business News – On September 5, the OPEC+ Joint Ministerial Oversight Committee meeting and the 32nd Ministerial Meeting were held by videoconference. Kazakhstan was represented at the meeting by Deputy Minister of Energy Asset Magauov. During the videoconference, the…

Philippine manufacturing recovers in August

International Business News – The latest survey by S&P Global showed that the manufacturing sector in the Philippines continued to expand at a faster pace in August, with a manufacturing PMI score of 51.2. This is up from 50.8 in…