Asean india free trade area preferential tariff certificate of origin

Representative image Building up behind the scenes for decades, the climate crisis is now clearly upon us. Emission of greenhouse gases continues to increase. As per the State of Global Climate Report (2021) , the last seven years have been the warmest on record. Extreme events such as excessive heatwaves, floods, cyclones, severe storms are increasing, leading to humanitarian crises propelled by population displacement and food insecurity. Several regions around the globe, especially in food-deficient countries in Africa and West Asia, are feeling the brunt of high food prices. The poor in these regions will be highly-vulnerable to food inflation. As if COVID-19 pandemic and lower production of food due to climatic events was not enough, the Russian invasion of Ukraine has taken away almost 28 percent of global supply of wheat, 70 percent of sunflower oil, and 40 percent of potash. As a result, the catastrophic effect of Russia’s war will be felt much after the actual war … [Read more...] about A climate crisis is upon us, and it’s threatening India’s food security

Usha International is the first brand in India to promote Ultimate, originally known as Ultimate Frisbee, a non-contact team game played with a flying disc. In the early '80s, Usha International’s former chairman late Siddharth Shriram, who was a golf enthusiast, was thinking of ways to bring fitness to city dwellers’ lifestyles. With Shriram’s goal in mind and with his direction and drive, the company flagged off one of the first marathons in the country. This was well before running and marathons drew people by the thousands from all walks of life in India. Not many may remember or are aware of this activity because Shriram never saw this as a marketing opportunity, says Komal Mehra, head, sports initiatives and associations, Usha International. “He wanted to create platforms for sports where there isn’t too much clutter. As a brand, we haven’t taken authority on any particular sport. We have always been enablers and have focused on creating partnerships to enhance sports … [Read more...] about Storyboard18 x Just Sports | How Usha International is nurturing sports culture in India

Tesla Company (Thailand) Ltd is now a registered company in Thailand, according to information found on the Department of Business Development’s website. The company registered today, on May 25, with an initial registration capital of 3 million baht. The primary purpose of Tesla in Thailand is to sell electric vehicles, or EVs. The company will also install and sell energy storage systems and energy production systems. It appears that Tesla will simply sell cars in Thailand rather than produce or assemble cars in the kingdom. The company’s registered board members include… David Jon Feinstein who holds the position of Global Senior Director – Trade Market Access, who was appointed the director of Tesla India in January 2021. Vaibhav Taneja who holds the position of Chief Accounting Officer and was also a director of Tesla India Motors and Energy Private Ltd in January 2021. Yaron Klein who holds the position of Tesla Asset Manager and is also the Chief Financial Officer of … [Read more...] about Tesla registers as a company in Thailand

Source: Reuters The focus on supportive measures for renewable energy (RE), strengthening of the transmission & distribution (T&D) network and improving the viability of the distribution segment is likely to continue in the coming Budget given the criticality of the power sector for economic growth of the country and the strong policy focus on renewables. With improving tariff competitiveness and policy thrust, renewable energy (particularly, solar, wind and hybrid segment) will remain a key driver of the capacity addition nationally. There is a strong project pipeline of about 50 GW, comprising both projects awarded through Central nodal agencies as well as through state agencies. ICRA expects a capacity addition of about 70 GW in RE in the period till March 2025, necessitating an investment outlay of about Rs.3.5-4.0 lac crore. In this context, ICRA expects supportive policy measures in the Budget to ensure availability of long tenure financing avenues for such … [Read more...] about Budget 2021 expectations | Renewables & strengthening of power distribution segment is key for power sector: ICRA

Countries are imposing export restrictions on food in light of shortage concerns sparked by the war in Ukraine, The Wall Street Journal reported Wednesday. Export restrictions were quickly imposed after Russia’s Feb. 24 invasion of Ukraine to increase domestic supply and slow the rise of prices, but the trend could exacerbate rising global food prices and shortages , according to the WSJ. Ukraine and Russia are both major exporters of grains and vegetable oils. (RELATED: ‘Global Food Catastrophe’ Coming Soon, Warns Germany, United Nations) Restrictions on food or fertilizer exports were put in place in 26 countries in 2022, according to the WSJ. Economists told the outlet these restrictions would temporarily ease the pain of food shortages in the countries that use them, but are a temporary measure that contributes to higher food prices globally. India, the world’s second-largest wheat producer, banned wheat exports May 13 as domestic prices jumped while Indonesia, … [Read more...] about Countries Are Hoarding Food Supplies As Prices Spike, Hunger Crisis Looms

Deputy PM, and Commerce Minister, Jurin Laksanawisit, yesterday moved to ease fears of food shortages in Thailand on the back of recent protectionism measures introduced by neighbouring countries, export bans, and the ongoing Russia-Ukraine conflict threatening to worsen world food supplies. Jurin declared Thailand has an “abundance of food” produce and there will be no shortages despite the recent embargos. Speaking at the opening ceremony of the THAIFEX-Anuga Asia 2022 exhibition, the 66 year old government minister was bullish about the kingdom’s import-export future and says the nation can take advantage of the recent uncertainty and promote Thailand as a global hub of quality agricultural products and food, which will help to increase food-related shipments. The Malaysia government this week revealed it is banning the export of all poultry from the country. Indonesia recently banned palm oil exports, India restricted wheat and sugar exports to prevent a surge in domestic … [Read more...] about Thailand will not starve, says Commerce Minister

New York (CNN Business) Twitter on Wednesday held what could be its last annual shareholder meeting as a public company for a long time after Elon Musk agreed to take it private in a $44 billion deal . But the meeting took place against the backdrop of ongoing drama over Musk's attempts to pause the deal, and his publicly pushing back at the company's executives on issues including the prevalence of spam accounts and content moderation decisions. Twitter ( TWTR ) now operates under a cloud of uncertainty about the fate of the transaction, and how Musk could upend the business , whether the acquisition goes through or not. Twitter CEO Parag Agrawal joined Wednesday's meeting alongside a handful of other executives to answer shareholder questions. He started by saying they wouldn't address the acquisition, but he suggested the deal is moving forward. "We are working through the transaction process," Agrawal said. "For regulatory and other … [Read more...] about Twitter holds annual shareholder meeting amid uncertainty with Elon Musk deal

Sanan Angubolkul, right, chairman of the Thai Chamber of Commerce, met with Prasit Boondoungprasert, chief executive of CPF, at the CPF booth at the expo. SET-listed Charoen Pokphand Foods (CPF) has unveiled five new food trends for the next decade at THAIFEX-ANUGA ASIA 2022, Thailand's top food exhibition. The event is showcasing innovative products at both a physical trade show and virtual trade show until Saturday. Anat Julintron, CPF's executive vice-president of international trade & business development, said that as a food tech company with state-of-the-art R&D facilities, the firm created its "Food for the next decade" scheme with the goal of feeding 10 billion consumers with safe, nutritious and sustainable food by 2050. Mr Anat said the CPF booth at the exhibition is divided into five sections to showcase the future of food trends in the next decade. The first zone is for plant-based meat, a sustainable product marketed as "Meat Zero". The second zone … [Read more...] about CPF showcases innovative trends at new exhibition

Share to Twitter Share to Linkedin The Mumbai Indians lost more than half of their cricket matches last year during the 11th season of the Indian Premier League. It was a disappointing finish for one of the most successful teams in the history of the IPL: The Indians had previously racked up three league titles. But while the results on the field lagged, 2018 was another banner year for Mukesh Ambani, who owns the Indians through his Reliance Industries. Ambani increased his net worth by $10 billion, to $50 billion, over the past 12 months, and it has more than doubled over the past two years. He is the 13th-richest person on the planet, the richest person in India and the richest sports team owner. Ambani runs $60-billion-in-revenue oil and gas giant Reliance. The company was founded by Ambani’s late father, Dhirubhai, in 1966 as a small textile manufacturer. The company expanded into oil and gas, refining, retail and telecom. The company’s Jio … [Read more...] about The World’s Richest Sports Team Owners 2019

W hen it comes to consumer technology , Asia’s Forbes 30 Under 30 young entrepreneurs are on the forefront of developing new apps–from those for edtech t0 dating. Interest in Web3 apps is also increasing and these entrepreneurs are catering to that as well. Anticipating the rise of the metaverse, 27-year-old Risa Feng cofounded BUD in 2019 to enhance the new social experiences. Users of this free app can create and exchange 3D content, such as cuddly avatars and objects, in a drag-and-drop fashion. They can also make friends, chat with each other and start online battles in a recently added survivor mode. Following the app’s launch last October, Feng quickly rolled out BUD in app stores around the world. She declines to disclose active user numbers, but the app was downloaded 12.5 million times from Google Play and Apple’s App Stores worldwide, according to analytics platform Sensor Tower. “From text to pictures then to videos, every generation has its … [Read more...] about 30 Under 30 Asia: From Edtech To The Metaverse, Meet The Young Entrepreneurs Innovating In Consumer Technology