Indian garment exporters reel under US tariffs
Trump’s anger at the Asian country’s purchases of Russian oil has left New Delhi facing some of the world’s steepest levies [TIRUPPUR, India] When Donald Trump was elected, Indian garment…
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exporters
Asian exporters absorbing about 20% of US tariffs, passing on remaining costs: Nomura
Asian exporters are absorbing about one-fifth of US tariffs and passing on the remaining costs, indicated Nomura’s Asia Economic Monthly report released on Friday (Sep 5). Advanced…
DBS sees rising demand for yuan settlements from Chinese exporters
DBS Group, South-east Asia’s largest lender by assets, is seeing growing interest from Chinese exporters to settle trades in renminbi (RMB), or yuan, particularly with counterparts in…
Some Chinese exporters hasten US dollar conversion amid trade war
Some Chinese exporters are speeding up the conversion of their US dollar income into yuan on bets the worst of the tariff-led loss in the local currency may be over. In a Bloomberg survey…
The CGST rules: Helpful amendments, court decisions for exporters
3 min read Last Updated : Oct 13 2024 | 11:32 PM IST Exporters have good news. The government has issued necessary notification omitting Rule 89(4A), Rule 89(4B), and Rule 96(10) from the…
Baht rises to strongest since March 2022 amid exporters worries
The baht gained to its strongest level in 30 months as China’s stimulus boosted risk assets globally, adding pressure on the Bank of Thailand to act to curb its rally. The currency rose as…