Despite pandemic and military coup, firm boasts of trading Myanmar teak: EIA

Gold Teak Holding, a Singaporean company with operations in Myanmar and Italy, gave a flawless display of hubris last week when it posted a photo on its LinkedIn profile showing a container of timber with the caption “An other [sic] cargo carried out despite COVID-19 and #Myanmarcoup”, the Environmental Investigation Agency (EIA) reported.  The LinkedIn post photo available […]

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India’s steel production declines by more than 10% in 2020, while China and Russia produced more steel than previous year: Worldsteel

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Bucking the global trend, China and Russia produced more steel in 2020 than in 2019. Among the top five nations, production declined in India, Japan and the United States by up to 17.2 per cent. Global crude steel production reached 1,864.0 million tonnes for the year 2020, down by 0.9 per cent compared to 2019. […]

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MSAMB and APEDA set up 18 clusters to push raisin and jaggery exports

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The Maharashtra State Agriculture Marketing Board (MSAMB) has called for a coordination meeting of various stakeholders including processors, exporters, suppliers, farmers to chalk out an action plan to encourage exports of raisin and jaggery from the state. The government of Maharashtra is planning to give an extra push to raisin and jaggery exports from the […]

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Weekly Wrap – India’s farmer protests continues; Brexit sealed; slow economic recovery, fraught with risks

Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world’s biggest trading blocs in its most significant global shift since the loss of empire. The deal means it has swerved away from a chaotic finale to a tortuous divorce that has shaken […]

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