Thai rice exports may fall 14pc in 2019

BANGKOK, Jan 30 (Reuters): Thailand's rice exports are expected to fall 14 per cent in 2019 to 9.5 million tonnes as a stronger currency makes shipments more expensive for overseas buyers, the country's rice exporters association said on Wednesday.The world's second-biggest rice exporter shipped 11 million tonnes of rice last...

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EU adopts post-Brexit import quotas for farm produce

BRUSSELS, Jan 30 (Reuters): The European Union (EU) has recently adopted quotas for farming produce it will accept from third countries after Britain leaves the bloc and acknowledged this could happen before it has concluded talks with them on the subject.The EU has in place a series of "tariff rate...

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India’s SBI set to own 15pc of Jet Airways, Etihad 40pc

NEW DELHI, Jan 30 (Reuters): Jet Airways creditor State Bank of India (SBI) is likely to own 15 per cent of the airline if the cash-strapped carrier's plan for a debt-for-equity swap is approved, Indian TV channels reported on Tuesday.With debts of about $1.14 billion, Jet has been hit by...

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Senior executives of LBFL and SPL exchanging documents after signing MOU

Senior executives of LankaBangla Finance Limited (LBFL) and Sanmar Properties Limited (SPL) exchanging documents after signing a memorandum of understanding between the two companies in the city recently. Under the agreement, LBFL will offer SPL customers home loan at special rate

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