Well when everybody is returning from his or her holidays, we could try to see what is exactly happening in cashew land.
|
|
- Magnus Evans
- 5 years ago
- Views:
Transcription
1 Dear All, Well when everybody is returning from his or her holidays, we could try to see what is exactly happening in cashew land. First we can report that we have joined Vinacas as a member and will be attending the meeting at Phu Quoc between 13/16 November Which are the ingredients now what is happening in the market, we have the following points. 1. We have seen heavy arrivals especially in Vietnam of RCN from Africa, and these arrivals were not of especially good quality. 2. To pay for these arrivals immediately there was a pressure on shellers to offload their arrivals RCN into kernels sales. 3. Even some RCN shipments were diverted to India for that matter, because payments were not effected. 4. This resulted into the market dropping for W320 from USD 5.00 to USD 4.70 per lbs now, but for prompt shipment. 5. One would expect that when all these RCN arrivals would have been dealt with, kernels prices would restore themselves, but it seems that for especially August//September 2017 shipment it hasn t restored. Last prices being offered from Medium shippers as follows: Vietnam W240 - USD 5.15 USD 5.20 FOB India USD 5.25 USD 5.30 FOB Vietnam W320 - USD 4.85 USD 4.95 FOB India USD 4.95 USD 5.05 FOB Vietnam W450 - USD 4.80 USD 4.90 FOB India USD 4.90 USD 5.00 FOB Vietnam LP - USD 3.60 USD 3.70 FOB India no offers Vietnam WS - USD 4.40 USD 4.50 FOB India no offers Vietnam LBW320 USD 4.70 USD 4.90 FOB India no offers. Aldebaran has got following available: Vietnamese/India at sellers option W320 at USD 5.10 per lbs FCA Rotterdam Vietnamese LBW 320 at USD 4.85 per lbs FCA Rotterdam Vietnamese LP at USD 3.65 per lbs FCA Rotterdam Vietnamese W240 at USD 5.45 per lbs FCA Rotterdam Afloat to Rotterdam: 1 fcl Indian W240 crop 2017 at USD 5.45 CIF - eta 27/8 1 fcl Indian W320 crop 2017 at USD 5.25 CIF - eta 27/8 1 fcl indian W450 crop 2017 at USD 5.00 CIF - eta 27/8 1 fcl Vietnamese LP crop 2017 at USD 3.65 CIF - eta 16/9 1 fcl Vietnamese W320 crop 2017 at USD 5.00 CIF - eta 8/9 In case you are interested in organic cashews please contact us directly, we can offer you various grades.
2 Aldebaran view: 1. We might see an increase of max USD cents on all grades for the shipping periods September through December Cover nearby until end of September 2017 shipment, and then wait. 3. In case, market moves up. Only buy until end of December 2017 shipment. 4. We feel downward pressure will be for January 2018 shipments forward, abstain from buying for time of being. What can we expect; here is a mix of comments of various experts: Global Cashew Market at a Glance India: Indian cashew kernel price in the domestic markets were either unchanged or slightly lower for various grades across the states. With the commencement of festival season, we expect prices to pick up in the coming weeks. Vietnam: Vietnam cashew kernel exports in the first half of August 2017 totalled 17,541 tonnes, valued USD million. Since January 2017, year to date kernel exports stood at 205,455 tonnes, valued USD 2 billion. Vietnam RCN imports in the first half of August 2017 totalled 103,005 tonnes, valued USD million. Since January 2017, year to date RCN imports stood at 994,364 tonnes, valued USD 1.92 billion. Overall demand for cashew kernel was generally weak as most of the buying destinations are yet to turn up fully after the summer holidays and the demand may gather momentum in the next one to two weeks time period. Source: Cashew info Cashew Market Commentaries from Experts The CNSL demand is very sluggish and no big party is interested in stocking the material. Prices are tending towards INR 18 per kg mark and would touch there in the coming weeks unless demand improves. Present rate of cashew shells is INR 6.10 per kg. Cake is sold around INR 3.90 and CNSL is quoted INR per kg. Availability is good. There is no demand for Cardanol, which has made cashew distilleries to refrain from their purchases. The festival season has started which would improve the cashew kernel demand. Therefore, shelling should pick up and accordingly shells availability will increase. Source: Om Prakash Phadnis, Panruti CNSL update Mangalore-Karnataka CNSL last week traded in the region of INR 21 per kg. Cake fetched around INR per kg and shells about INR per kg. The price of Cardanol settled slightly lower at INR per kg when compared with previous week close of INR per kg. Source: Kanco Venkatesh and Santhosh Silva, Karnataka Market was somehow quiet because of weak buying interests from buyers during last week. Limited buying interests were seen for pieces with WS traded at USD 4.25/4.30, LP at USD 3.55/3.75 per lb FOB for August and September shipment. W320 traded at USD 4.65/4.70 per lb FOB, sold by medium packers. Prices indicated by top and reliable packers did not any decline in price i.e. W240 at
3 USD 5.15/5.20, W320 at USD 4.90/5.00, W450 at UDS 4.70, WS at USD 4.35/4.55, LP at USD 3.75/3.85 per lb FOB for September December shipment without being interested by buyers. Demand was weak as it is now the summer holidays from major buying destinations and there are surely some rooms for demand in the coming weeks, as buyers need to buy some quantities for their requirements. Cashew prices have constantly gone up from the beginning of the crop without a good reason. Processors have paid very high prices of RCN, all costs relating to processing have strongly gone up, forcing packers to offer/sell at reasonable prices otherwise losses will happen to them. If demand in the coming weeks is strong, prices of kernels will get the much-needed support otherwise, prices may fall in the coming weeks. Despite the fact that demand from export market was too weak, local market of RCN and kernels were firm due to some demand from traders whom need to be guaranteed for RCN delivery accepted by processors at high prices. Short strong demand of both RCN and kernels have seen and forced small packers/processors, which do not have adequate information of export market to buy RCN at high prices to process. This is too dangerous for small ones as risk is there with the truth that current situation of export market is at dull and no signs of good recovery of demand in the coming week. Source: Mr. Kim, Khiem Nguyen Co., Ltd, Vietnam Prices are stable during last week while deals are a little more active than previous. It seems many distributors have started preparing stocks for the mid-autumn day. Hope this would be a good sign for Chinese markets. Source: Will, Lee, China Please kindly see below statement for import/export of RCN and kernel up to July 2017 and the comparison between 2016 & 2017: STATEMENT OF IMPORTING RAW SEEDS IN VIETNAM UP TO JULY Import (MT) Compare to same period 2016 (%) 1 51, % 2 42, % 3 74, % 4 102, % 5 149, % 6 250, % 7 214, % Total 886, % 2. Top 10 Biggest Importers Top 10 Biggest Importers ( Members of Vinacas) 1 Cao Phat, Hoang Son 1, Da Kao, Rals VN, Tanimex-LA, Haprosimex JSC, My Le, Tu Hai, Duy Duc, Phuc An 2 My Le, Da Kao, Cao Phat, Phuc An, C&N (Tanimex-LA), Duy Duc, Phu Thuy, Haprosimex JSC, Tan Hoa, Bimico 3 Da Kao, My Le, Hapro Binh Phuoc, Bimico, Tan Hoa, Haprosimex JSC, Kieu Loan, Cao Phat, Minh Huy, Thao Nguyen
4 4 Long Son, Hoang Son I, Olam VN, Rals VN, Tan Hoa, Olam VN (IZ Bien Hoa II), Duy Duc, Bimico, Tu Hai, C&N (Tanimex-LA) 5 Long Son, Hoang Son I, Rals VN, Da Kao, Olam VN, C&N (Tanimex-LA), Bimico, Olam (IZ Bien Hoa II), Minh Huy, An Phu 6 Hoang Son I, Long Son, Da Kao, Kieu Loan, Olam VN (Bien Hoa IZ II), Olam VN, Thao Nguyen, Cao Phat, C&N (Tanimex-LA), Bimico 7 Olam VN, Hoang Son 1, Long Son, Olam VN (Bien Hoa IZ II), Rals VN, Kieu Loan, Da Kao, Thao Nguyen, C&N (Tanimex-LA), Nam Ha, Phu Thuy, Tan Hoa 3. Importing Markets in July TT IMPORT ORIGINS VOLUME (Mts.) Cote DIvoire (Ivory Coast) 97,733.1 Nigeria 36,988.4 Ghana 36,905.0 Guinea 13,916.1 Benin 10,652.9 Burkina Faso 8,058.3 Togo 4,864.5 Senegal 4,446.2 Guinea-Bissau 2,157.9 Gambia 1,884.9 Cambodia 1,540.0 Niger Tanzania (United Rep.) Indonesia Bangladesh Tanzania (United Rep.) Myanmar (Burma) Gabon Mozambique Laos 87.9 Cameroon 26.0
5 Total 214,948.5 STATEMENT OF EXPORTING KERNELS IN VIETNAM UP TO JULY Export (MT) Increased Compare to same period 2016 (%) 1 17, % 2 13, % 3 24, % 4 28, % 5 32, % 6 35, % 7 37, % Total 191, % 2. Export Markets 2.1/ USA (MT) Compare to same period 2016 (%) 1 5, % 2 3, % 3 8, % 4 9, % 5 11, % 6 12, % 7 12, % Total 63, % 2.2/ China (MT) Compare to same period 2016 (%) 1 3, % 2 2, % 3 2, % 4 2, % 5 3, % 6 3, % 7 3, % Total 22, % 2.3/ EU & other markets
6 (MT) Compare to same period 2016 (%) 1 8, % 2 7, % % 4 16, % 5 17, % 6 19, % 7 21, % Total 104, % 3. Markets Ranking Top 10 Biggest Markets 1 USA, China, Netherlands, Australia, UK, Germany, Canada, Thailand, UAE, India 2 USA, China, Netherlands, UK, Australia, Thailand, Canada, Singapore, Germany, Russia 3 USA, Netherlands, China, Australia, UK, Thailand, Singapore, Canada, Israel, Germany 4 USA, Netherlands, China, UK, Australia, Singapore, Germany, Canada, Israel, Thailand 5 USA, Netherlands, China, Singapore, UK, Australia, Germany, Thailand, Canada, Israel 6 USA. Netherlands, China, UK, Sinpapore, Australia, Thailand, Germany, Canada, Russia 7 USA, Netherlands, China, UK, Singapore, Australia, Canada, Germany, Thailand, Russia 4. Enterprises took part in Exporting Top 10 Biggest Exporters ( Members of Vinacas) 1 Olam VN, Long Son, Thao Nguyen, Hoang Son I, Minh Huy, Duy Duc, Tan Hoa, Rals VN, Dao Kao, Tanimex 2 Olam VN, Long Son, Thao Nguyen, C&N (Tanimex-LA), Duy Duc, Olam VN (Bien Hoa IZII), Da Kao, Cao Phat, Bimico 3 Olam VN, Long Son, Thao Nguyen, Hoang Son I, Rals VN, Olam VN (IZ Bien Hoa II), Da Kao, Cao Phat, Minh huy, Tan Hoa 4 Olam VN (IZ Bien Hoa II), Long Son, Thao Nguyen, Olam VN, Lafooco, Hoang Son 1, Minh Huy, Da Kao, Rals VN, Haprosimex 5 Olam VN (IZ Bien Hoa II), Long Son, Thao Nguyen, Phu Thuy, Olam VN, Minh Huy, Hoang Son 1, Lafooco, Hapro (North), Rals VN 6 Olam VN (Bien Hoa IZ II), Long Son, Thao Nguyen, Olam VN, Hoang Son 1, Lafooco, Rals VN, Hapro (North), Da Kao, Minh Huy 7 Olam VN (IZ Bien Hoa II), Long Son, Thao Nguyen, Hoang Son I, Olam VN, Lafooco, Rals VN, Hapro (North), Da Kao, Hanfimex VN 5. Exporting Markets in July TT 1. EXPORT MARKET VOLUME (Mt) UNITED STATES OF AMERICA 12,351.55
7 NETHERLANDS 6, CHINA 3, UNITED KINGDOM 2, SINGAPORE 1, AUSTRALIA 1, CANADA 1, GERMANY 1, THAILAND 1, RUSSIAN FEDERATION ISRAEL UNKNOWN INDIA SPAIN FRANCE LEBANON Kindest regards, Paul, Nurcan, and Mark Trade department Aldebaran Commodities B.V. Rotterdam The Netherlands Direct (Paul) Direct (Nurcan) Direct (Mark) Please check our website for our weekly market reports
CASHEW WEEK A WEEKLY NEWSLETTER. Volume 19 Issue 37 Sep 02-08, 2018
CASHEW WEEK A WEEKLY NEWSLETTER Released on September 10th, 2018 IN THE CASHEW WEEK.. Cashewinfo Market Summary Cashew Experts Market Commentaries India and International US Import Data: July-2018 Vietnam
More informationMALAYSIA. 1. Market Trends: Import Opportunities and Consumption. Items Change in % Major Markets in %
MALAYSIA A. MARKET OF FRESH FRUITS & VEGETABLES 1. Market Trends: Import Opportunities and Consumption Items 2003 2007 Change in % Major Markets in % Value Quantity Value Quantity Value Quantity $ 000
More informationFINANCING THE CASHEW SECTOR. Shiru Mwangi, Regional Head Agriculture Debt Investments Sub Saharan Africa
responsability Investments AG FINANCING THE CASHEW SECTOR Shiru Mwangi, Regional Head Agriculture Debt Investments Sub Saharan Africa ONE INVESTMENT PLATFORM Two asset classes and three sectors Finance
More informationCREDIT INSURANCE. To ensure peace, you must be prepared for war. CREDIT INSURANCE FUNDAMENTAL SOLUTION IN CREDIT RISK MANAGEMENT
FUNDAMENTAL SOLUTION IN CREDIT RISK MANAGEMENT I would like to extend my relations with that customer... I would like to enter a new market... We have high exposure for that customer... We have delayed
More informationArgentina Bahamas Barbados Bermuda Bolivia Brazil British Virgin Islands Canada Cayman Islands Chile
Americas Argentina (Banking and finance; Capital markets: Debt; Capital markets: Equity; M&A; Project Bahamas (Financial and corporate) Barbados (Financial and corporate) Bermuda (Financial and corporate)
More informationDigital Platforms : Collaboration revolutionising cross-border payments. Hank Uberoi 16 November 2017
Digital Platforms : Collaboration revolutionising cross-border payments Hank Uberoi 16 November 2017 Challenges of Cross- Border Payment 2 Need for Change Transparency Efficiency Diversity 3 Earthport
More informationInstitutions, Capital Flight and the Resource Curse. Ragnar Torvik Department of Economics Norwegian University of Science and Technology
Institutions, Capital Flight and the Resource Curse Ragnar Torvik Department of Economics Norwegian University of Science and Technology The resource curse Wave 1: Case studies, Gelb (1988) The resource
More informationide: FRANCE Appendix A Countries with Double Taxation Agreement with France
Fiscal operational guide: FRANCE ide: FRANCE Appendix A Countries with Double Taxation Agreement with France Albania Algeria Argentina Armenia 2006 2006 From 1 March 1981 2002 1 1 1 All persons 1 Legal
More informationDOMESTIC CUSTODY & TRADING SERVICES
Pricing Structure DOMESTIC CUSTODY & TRADING SERVICES A flat custody fee of 20bps per account type per year is applicable to all holdings and cash, the custody fee is collected each month but will be capped
More informationIntroduction to MALI. BNP Paribas presence. Working with BNP Paribas. Currency. Summary. Currency. Bank accounts
Introduction to MALI Mali is a poor, predominantly desert country with a high dependency on gold and cotton exports. The agricultural sector accounts for 40% of GDP, and the economy is therefore highly
More informationTRENDS AND MARKERS Signatories to the United Nations Convention against Transnational Organised Crime
A F R I C A WA T C H TRENDS AND MARKERS Signatories to the United Nations Convention against Transnational Organised Crime Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia
More informationMARKETS AND FOOD POLICIES. Bharat Ramaswami, Indian Statistical Institute, Delhi & Kensuke Kuobo, ISI and Institute of Developing Economies, Tokyo
MARKETS AND FOOD POLICIES Bharat Ramaswami, Indian Statistical Institute, Delhi & Kensuke Kuobo, ISI and Institute of Developing Economies, Tokyo TWO QUESTIONS A. How do markets deal with high food prices?
More informationThe introduction of the Registered Exporter (REX) System
Introduction of Registered Exporters (REX) System Customs Information Paper 67 (2016) Who should read: What is it about: When effective: 1 January 2017 Extant until/ Expires 1 May 2017 1. Background Traders
More informationMaking Countries Competitive Beyond the roads and bridges
The Role of the Private Sector, Soft Infrastructure and Making Countries Competitive Beyond the roads and bridges Ms Patricia Francis Executive Director 2010 ECOWAS Aid for Trade Meeting World Bank s Prospects
More informationPARIS CLUB RECENT ACTIVITY
PARIS CLUB RECENT ACTIVITY 1/13 OUTLINE 1. Quick review of Paris Club recent activity 2. Prepayment by Russia of its Paris Club debt 2/13 Key events in June 2006-May 2007 1. Implementation of the HIPC
More informationThe world of CARE. 2 CARE Facts & Figures
CARE Facts & Figures 2004 The world of CARE 2 CARE Facts & Figures 2003 www.care.org 71 Australia 75 France 79 Norway CARE International Member countries: 72 Austria 73 Canada 76 Germany 77 Japan 80 Thailand
More informationOnline Free Services Available on the Portal
Online Free Services Available on the Portal MFN/Preferential Tariff of over 50 Countries MFN/ Preferential Tariff and SPS-TBT of India Rules of Origin to get preferential access to targeted markets under
More informationShockwatchBulletin: Monitoring the impact of the euro zone crisis, China/India slow-down, and energy price shocks on lower-income countries
ShockwatchBulletin: Monitoring the impact of the euro zone crisis, China/India slow-down, and energy price shocks on lower-income countries Isabella Massa DSA Conference London, 3 November 2012 Outline
More informationINTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT BOARD OF GOVERNORS. Resolution No. 612
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT BOARD OF GOVERNORS Resolution No. 612 2010 Selective Increase in Authorized Capital Stock to Enhance Voice and Participation of Developing and Transition
More informationOlam International Limited. Investment in Greenfield Sugar Refinery in Nigeria 3 December 2010 Singapore
Olam International Limited Investment in Greenfield Sugar Refinery in Nigeria 3 December 2010 Singapore 1 1 Cautionary note on forward-looking statements This presentation may contain statements regarding
More informationCountry Malaria Interventions Gap Analysis
1 Country Malaria Interventions Gap Analysis For the years 20182020 Prepared based on the analysis of countries Global Fund applications 2 Gap analysis at a glance The financial and commodity gap analysis
More informationCNH and China QFII market: Opportunities and Challenges A Fund Custodian and Administrator's Perspective"
CNH and China QFII market: Opportunities and Challenges A Fund Custodian and Administrator's Perspective" Eric Chow HSBC Securities Services June 2011 2 Agenda About HSBC Securities Services (HSS) Introducing
More informationNew Exchange Rates Apply to Agricultural Trade. 0. Halbert Goolsby. Reprint from FOREIGN AGRICULTURAL TRADE OF THE UNITED STATES April 1972
New Exchange Rates Apply to Agricultural by. Halbert Goolsby '.,_::' Reprint from FOREIGN AGRICULTURAL TRADE OF THE UNITED STATES April 1972 Statistics Branch Foreign Demand and Competition Division Economic
More informationThe world of CARE. CARE International Member Countries A Australia B Austria C Canada D Denmark. E France F Germany G Japan H Netherlands
Care Facts & Figures 2005 The world of CARE Africa 1 Angola 2 Benin 3 Burundi 4 Cameroon 5 Chad 6 Democratic Republic of Congo 7 Eritrea 8 Ethiopia 9 Ghana 10 Ivory Coast 11 Kenya 12 Lesotho 13 Liberia
More informationHousehold Debt and Business Cycles Worldwide Out-of-sample results based on IMF s new Global Debt Database
Household Debt and Business Cycles Worldwide Out-of-sample results based on IMF s new Global Debt Database Atif Mian Princeton University and NBER Amir Sufi University of Chicago Booth School of Business
More informationEXPORT PERFORMANCE MONITOR
Export Performance Monitor Statistics department, EEPC Head Office Exports growing steadily According to the provisional data available from DGCI&S up to September 2007, Exports during September, 2007
More informationVIETNAM FERTILIZER INDUSTRY REPORT Q3/2018
VIETNAM FERTILIZER INDUSTRY REPORT Q3/2018 Content Executive summary 4 1. Business environment 6 1.1 Macroeconomic situation 7 1.2 Legal framework 10 1.3 Trade agreements 18 2. Industry overview 21 2.1
More informationIan Kirk, Sanlam Group CEO. 28 August 2017
Ian Kirk, Sanlam Group CEO 28 August 2017 Group strategic positioning Brief SEM overview The opportunity before us as an Industry Key priorities for SEM Expanding onto the African Continent and other Emerging
More informationVIETNAM FERTILIZER INDUSTRY REPORT Q2/2018
VIETNAM FERTILIZER INDUSTRY REPORT Q2/2018 Content Executive summary 4 1. Business environment 6 1.1 Macroeconomic situation 7 1.2 Legal framework 10 1.3 Trade agreements 17 2. Industry overview 20 2.1
More informationThe world of CARE. CARE International Member Countries A Australia B Austria C Canada D Denmark. E France F Germany/Luxemburg G Japan H Netherlands
Care Facts & Figures 2007 The world of CARE Africa 1 Angola 2 Benin 3 Burundi 4 Cameroon 5 Chad 6 Democratic Republic of Congo 7 Eritrea 8 Ethiopia 9 Ghana 10 Ivory Coast 11 Kenya 12 Lesotho 13 Madagascar
More informationRequest to accept inclusive insurance P6L or EASY Pauschal
5002001020 page 1 of 7 Request to accept inclusive insurance P6L or EASY Pauschal APPLICANT (INSURANCE POLICY HOLDER) Full company name and address WE ARE APPLYING FOR COVER PRIOR TO DELIVERY (PRE-SHIPMENT
More informationANNEX 2: Methodology and data of the Starting a Foreign Investment indicators
ANNEX 2: Methodology and data of the Starting a Foreign Investment indicators Methodology The Starting a Foreign Investment indicators quantify several aspects of business establishment regimes important
More informationPUBLIC SECTOR CASE STORY TEMPLATE
#57 COMPLETE Collector: Web Link 1 (Web Link) Started: Friday, January 30, 2015 3:54:52 AM Last Modified: Friday, January 30, 2015 4:40:06 AM Time Spent: 00:45:14 IP Address: 193.239.220.225 PAGE 4: B.1)
More informationEstablished in July 1989, extended, current closing date July 31, 2017.
DEBT REDUCTION FACILITY (DRF) and external commercial debt buyback operations Annual Meeting of Multilateral Development Banks on Debt Issues Washington, DC - July 10-11, 2012 THE WORLD BANK Plan 1. DRF
More informationVisit us and Download this list from
Visit us Download this list from www.gfh-insurance.com FOREIGN RESTRICTIONS (from IUMI - Freedom of Insurance - 2002) A LIST OF COUNTRIES WITH RESTRICTIVE MEASURES IN THE FIELD OF MARINE INSURANCE ship
More informationEU-28 STEEL SCRAP STATISTICS. by Rolf Willeke Statistics Advisor of the BIR Ferrous Division For EFR a branch of EuRIC (30 October 2017)
EU-28 STEEL SCRAP STATISTICS (JANUARY JUNE 2017) by Rolf Willeke Statistics Advisor of the BIR Ferrous Division For EFR a branch of EuRIC (30 October 2017) C O N T E N T S EU-28 and World Crude Steel Production
More informationGOLD STANDARD Market report 2018
market report 2018 GOLD STANDARD Market report 2018 April 2019 Prepared by Claire Willers Ema Cima 1 MARKET REPORT Table of Contents Executive Summary 3 Gold Standard Project Pipeline 4 Gold Standard Certified
More informationAUTOMOTIVE COMPONENTS PRODUCT / MARKET MATRIX. AIEC P O Box Arcadia 0007 Tel: Fax: Website:
AIEC P O Box 0 Arcadia 000 Tel: + 0 00 Fax: + 0 0 Website: www.aiecco.za AUTOMOTIVE COMPONENTS PRODUCT/MARKET MATRIX A diverse range of original components and aftermarket are manufactured in South Africa.
More informationScale of Assessment of Members' Contributions for 2008
General Conference GC(51)/21 Date: 28 August 2007 General Distribution Original: English Fifty-first regular session Item 13 of the provisional agenda (GC(51)/1) Scale of Assessment of s' Contributions
More informationINVESTING IN FRONTIER MARKETS EQUITY
INVESTING IN FRONTIER MARKETS EQUITY by Geraldine Miniaou, CFA, Senior Research Analyst Pavilion Advisory Group The International Finance Corporation (IFC) used the term frontier markets for the first
More informationAir Passenger Forecasts
www.iata.org/pax-forecast Example report: numbers are for illustration purposes only Global report Page Table of Contents 1 Top Markets 2 Top Domestic Markets 3 Top International Country Pairs 4 Largest
More informationPaying Taxes 2019 Global and Regional Findings: AFRICA
World Bank Group: Indira Chand Phone: +1 202 458 0434 E-mail: ichand@worldbank.org PwC: Sharon O Connor Tel:+1 646 471 2326 E-mail: sharon.m.oconnor@pwc.com Fact sheet Paying Taxes 2019 Global and Regional
More informationDutch tax treaty overview Q3, 2012
Dutch tax treaty overview Q3, 2012 Hendrik van Duijn DTS Duijn's Tax Solutions Zuidplein 36 (WTC Tower H) 1077 XV Amsterdam The Netherlands T +31 888 387 669 T +31 888 DTS NOW F +31 88 8 387 601 duijn@duijntax.com
More informationThe Importance of Bilateral Investment Treaties When Structuring Foreign Investments
The Importance of Bilateral Investment Treaties When Structuring Foreign Investments ACC International Legal Affairs Committee Legal Quick Hit: November 14, 2013 Presented by: Helena Sprenger Houthoff
More informationChoosing Investment Structure
The Importance of Bilateral Investment Treaties When Structuring Foreign Investments ACC Regional Call International Legal Affairs Committee Legal Quick Hit: September 3, 2013 Presented by: Helena Sprenger
More information(cpt) (jhb) (w) (e)
Net An Emerging Introduction Replacement Markets: to Ratio Private Alpha Equity enhancing? 01 01 01 Emerging Markets: Alpha enhancing? 02 Emerging Markets: Alpha enhancing? GraySwan Research November 2013
More informationThe PCI-Foreign Invested Enterprises 2011 Survey American Chamber of Commerce June 6, 2012, New Saigon World Hotel, HCMC
The PCI-Foreign Invested Enterprises 2011 Survey American Chamber of Commerce June 6, 2012, New Saigon World Hotel, HCMC Jim Winkler, Ph.D. USAID/VNCI Director Findings taken from the PCI 2011 report,
More informationA short history of debt
A short history of debt In the words of the late Charles Kindleberger, debt/financial crises are a hardy perennial we have been here many times before. Over the past decade and a half the ratio of global
More informationDutch tax treaty overview Q4, 2013
Dutch tax treaty overview Q4, 2013 Hendrik van Duijn DTS Duijn's Tax Solutions Zuidplein 36 (WTC Tower H) 1077 XV Amsterdam The Netherlands T +31 888 387 669 T +31 888 DTS NOW F +31 88 8 387 601 duijn@duijntax.com
More informationThe world of CARE. CARE International Member Countries A Australia B Austria C Canada D Denmark. E France F Germany/Luxemburg G Japan H Netherlands
Care Facts & Figures 2009 The world of CARE Africa 1 Angola 2 Benin 3 Burundi 4 Cameroon 5 Chad 6 Democratic Republic of Congo 7 Ethiopia 8 Ghana 9 Ivory Coast 10 Kenya 11 Lesotho 12 Liberia 13 Madagascar
More informationSURVEY TO DETERMINE THE PERCENTAGE OF NATIONAL REVENUE REPRESENTED BY CUSTOMS DUTIES INTRODUCTION
SURVEY TO DETERMINE THE PERCENTAGE OF NATIONAL REVENUE REPRESENTED BY CUSTOMS DUTIES INTRODUCTION This publication provides information about the share of national revenues represented by Customs duties.
More informationNo October 2013
DEVELOPING AND TRANSITION ECONOMIES ABSORBED MORE THAN 60 PER CENT OF GLOBAL FDI INFLOWS A RECORD SHARE IN THE FIRST HALF OF 2013 EMBARGO The content of this Monitor must not be quoted or summarized in
More informationYear Fund Category TCM Vietnam High Dividend Equity Fund (FINALIST) Specialist Management Group of the Year
Frontier Markets Introduction TRUSTUS Capital Management Boutique Investment Company Established in 1978 TCM Investments Funds TRUSTUS Wealth Management Independently owned 21 employees Focus on High Dividend
More informationMemoranda of Understanding
UNEP/CMS/Inf.10.4 Parties to the CONVENTION ON THE CONSERVATION OF MIGRATORY SPECIES OF WILD ANIMALS and its Agreements as at 1 November 2011 Legend CMS Party n = shows the chronological order of the Parties
More informationSHARE IN OUR FUTURE AN ADVENTURE IN EMPLOYEE STOCK OWNERSHIP DEBBI MARCUS, UNILEVER
SHARE IN OUR FUTURE AN ADVENTURE IN EMPLOYEE STOCK OWNERSHIP DEBBI MARCUS, UNILEVER DEBBI.MARCUS@UNILEVER.COM RUTGERS SCHOOL OF MANAGEMENT AND LABOR RELATIONS NJ/NY CENTER FOR EMPLOYEE OWNERSHIP AGENDA
More informationLusaka, 7 May Note: The original of the Agreement was established by the Secretary-General of the United Nations on 2 June 1982.
. 2. b) Agreement establishing the African Development Bank done at Khartoum on 4 August 1963, as amended by resolution 05-79 adopted by the Board of Governors on 17 May 1979 Lusaka, 7 May 1982. ENTRY
More information30% DEPOSIT BONUS FOR OUR TRADERS IN AFRICA PROMOTION. Terms and Conditions
30% DEPOSIT BONUS FOR OUR TRADERS IN AFRICA PROMOTION Terms and Conditions INTRODUCTION FXTM 1 is running the 30% Deposit Bonus for Our Traders in Africa Promotion (hereinafter referred to as the Promotion
More informationPrice regulation. Rohan Samarajiva 29 September 2013 Taungoo, Myanmar
Price regulation Rohan Samarajiva 29 September 2013 Taungoo, Myanmar This work was carried out with the aid of a grant from the International Development Research Centre, Canada and UKaid from the Department
More informationGujcot Trade Association
Gujcot Trade Association WEEKLY REPORT Market Movement from th Oct to rd Nov Gujarat Cotton prices of 29 mm sold between, 0 to Rs./Candy. Outstate arrivals of new Crop Kapas from Madhya Pradesh and Maharashtra
More informationIDA15 MULTILATERAL DEBT RELIEF INITIATIVE (MDRI): UPDATE ON DEBT RELIEF BY IDA AND DONOR FINANCING TO DATE
IDA15 MULTILATERAL DEBT RELIEF INITIATIVE (MDRI): UPDATE ON DEBT RELIEF BY IDA AND DONOR FINANCING TO DATE Resource Mobilization (FRM) February 2007 Selected Abbreviations and Acronyms AfDF FRM FY HIPC
More informationAnother Technological Revolution in the O&G Industry: A new Future for Onshore E&P. Ivan Sandrea Advisor to Petra Energia
Another Technological Revolution in the O&G Industry: A new Future for Onshore E&P Ivan Sandrea Advisor to Petra Energia Contents Another technological revolution in the O&G industry Key onshore stats
More informationBackground Note on Prospects for IDA to Become Financially Self-Sustaining
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Background Note on Prospects for IDA to Become Financially Self-Sustaining International
More informationWorking Party on Export Credits and Credit Guarantees
Unclassified TAD/ECG(2008)1 TAD/ECG(2008)1 Unclassified Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development 11-Jan-2008 English - Or. English
More informationCloser to you New Tie Ups
Newsletter Jan 07 SEASON S GREETINGS to all our esteemed partners! Wishing you a prosperous 07, along with INSTANT CASH! The 4th quarter was yet another exciting period for INSTANT CASH and we closed the
More informationA LIST OF COUNTRIES WITH RESTRICTIVES MEASURES IN THE FIELD OF MARINE INSURANCE INTERNATIONAL TRADE
A LIST OF COUNTRIES WITH RESTRICTIVES MEASURES IN THE FIELD OF MARINE INSURANCE INTERNATIONAL TRADE ship ALGERIA only when insurance is taken out by an Algerian importer have not to be insured locally
More informationUPDATES MCX. ahead. short-term. low of near the. the contract. Traders. coming high-risk loss can. next target danger of The
VITAL INDUSTRY UPDATES - 08/10/2015 MCX copper faces a key hurdle ahead The copper futures contractt traded on the Multi Commodity Exchange (MCX) has been stuck in the range between 3399 and 346 per kg
More informationAssessing Fiscal Space and Financial Sustainability for Health
Assessing Fiscal Space and Financial Sustainability for Health Ajay Tandon Senior Economist Global Practice for Health, Nutrition, and Population World Bank Washington, DC, USA E-mail: atandon@worldbank.org
More informationTHE ADVISORY CENTRE ON WTO LAW
THE ADVISORY CENTRE ON WTO LAW Advisory Centre on WTO Law Centre Consultatif sur la Législation de l OMC Centro de Asesoría Legal en Asuntos de la OMC THE ACWL PROVIDES LEGAL ADVICE AND TRAINING ON ALL
More informationNewsletter No. 77. A brief introduction to the legal environment for investments in Vietnam. December 2012
Newsletter No. 77 (EN) A brief introduction to the legal environment for investments in Vietnam December 2012 All rights reserved Lorenz & Partners 2012 Although Lorenz & Partners always pays great attention
More informationINTERNATIONAL CONVENTION ON STANDARDS OF TRAINING, CERTIFICATION AND WATCHKEEPING FOR SEAFARERS (STCW), 1978, AS AMENDED
E 4 ALBERT EMBANKMENT LONDON SE 7SR Telephone: +44 (0)20 7735 76 Fax: +44 (0)20 7587 320 MSC./Circ.64/Rev.5 7 June 205 INTERNATIONAL CONVENTION ON STANDARDS OF TRAINING, CERTIFICATION AND WATCHKEEPING
More informationThe Budget of the International Treaty. Financial Report The Core Administrative Budget
The Budget of the International Treaty Financial Report 2016 The Core Administrative Budget Including statements of amounts due and received for The Working Capital Reserve and The Third Party Beneficiary
More informationHIPC DEBT INITIATIVE FOR HEAVILY INDEBTED POOR COUNTRIES ELIGIBILITY GOAL
GOAL To ensure deep, broad and fast debt relief with a strong link to poverty reduction. ELIGIBILITY IDA-Only & PRGF eligible Heavily indebted (i.e. NPV of debt above 150% of exports or above 250% of government
More informationSTRATEGIC LOCATION. Vinh
STRATEGIC LOCATION CHINA LAOS THAILAND HANOI CAMBODIA NGHE AN Vinh Located in the center of the North Central Coast region of Vietnam. Connect North East Thailand, Laos to the South China Sea. It is a
More informationBuilding Resilience in Fragile States: Experiences from Sub Saharan Africa. Mumtaz Hussain International Monetary Fund October 2017
Building Resilience in Fragile States: Experiences from Sub Saharan Africa Mumtaz Hussain International Monetary Fund October 2017 How Fragility has Changed since the 1990s? In early 1990s, 20 sub-saharan
More informationWorld Bank Group: Indira Chand Phone:
World Bank Group: Indira Chand Phone: +1 202 458 0434 E-mail: ichand@worldbank.org PwC: Rowena Mearley Tel: +1 646 313-0937 / + 1 347 501 0931 E-mail: rowena.j.mearley@pwc.com Fact sheet Paying Taxes 2018
More informationIDBG OPERATIONS AT A GLANCE Q Update
ISLAMIC DEVELOPMENT BANK GROUP IDBG OPERATIONS AT A GLANCE Q-1 2018 Update ABDINASIR MOHAMUD NUR MAY, 2018 Preamble IDB GROUP OPERATIONS AT A GLANCE 1 Q1-2018 Access to timely, relevant and accurate quality
More informationBULGARIAN TRADE WITH EU PRELIMINARY DATA
BULGARIAN TRADE WITH EU PRELIMINARY DATA During the period January - June 2010 the Bulgarian exports to EU increased by 17.4% compared to the corresponding period of the previous year and amounted to 8
More informationReport to Donors Sponsored Delegates to the 12th Conference of the Parties Punta del Este, Uruguay 1-9 June 2015
Report to Donors Sponsored Delegates to the 12th Conference of the Parties Punta dell Este, Uruguay 1-9 June 2015 1 Contents Details of sponsorship Table 1. Fundraising (income from donors) Table 2. Sponsored
More informationTrends, like horses, are easier to ride in the direction they are going
2050 Hindsight. Trends, like horses, are easier to ride in the direction they are going - John Naisbitt, Megatrends, 1982 CFA Society San Diego Lawrence Speidell Chief Investment Officer, CEO Frontier
More informationCharting the Diffusion of Power Sector Reform in the Developing World Vivien Foster, Samantha Witte, Sudeshna Gosh Banerjee, Alejandro Moreno
Charting the Diffusion of Power Sector Reform in the Developing World Vivien Foster, Samantha Witte, Sudeshna Gosh Banerjee, Alejandro Moreno Green Growth Knowledge Platform Annual Conference 2017 November
More informationEmployer Social Charges 13/10/2017 EURO/USD USD 1.20 JPY/USD 0.01 AUD/USD USD 0.73 GBP/USD Charges patronales obligatoires %
Charges 13/10/2017 Salaire Brut Mensuel Charges patronales obligatoires % Charges patronales totales Pays Albania $4,500.00 16.70% $218 Algeria $4,500.00 28.00% $1,260 Angola $4,500.00 20.7500% $933.75
More informationFinancial Results for the First Three Months of the Fiscal Year Ending March 31, 2017 [J-GAAP] (Consolidated)
Company Name: Stock exchange listed on: Financial Results for the First Three Months of the Fiscal Year Ending March 31, 2017 [J-GAAP] (Consolidated) Kintetsu World Express, Inc. (KWE) Tokyo Stock Exchange
More informationNote on Revisions. Investing Across Borders 2010 Report
Note on Revisions Last revision: August 30, 2011 Investing Across Borders 2010 Report This note documents all data and revisions to the Investing Across Borders (IAB) 2010 report since its release on July
More informationLong Association List of Jurisdictions Surveyed for Which a Response Has Been Received
Agenda Item 7-B Long Association List of Jurisdictions Surveed for Which a Has Been Received Jurisdictions Region IFAC Largest 29 G10 G20 EU/EEA IOSCO IFIAR Surve Abu Dhabi Member (UAE) Albania Member
More informationTrade and Development Board, 58 th executive session Geneva, December 2013
UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT Trade and Development Board, 58 th executive session Geneva, 12 13 December 2013 Item 2: Growth with employment for inclusive and sustainable development
More informationTHE MINUTES OF ANNUAL GENERAL MEETING OF SHAREHOLDERS 2016 OF VIETNAM DAIRY PRODUCTS JOINT STOCK COMPANY (VINAMILK)
VIETNAM DAIRY PRODUCTS JOINT STOCK COMPANY ------------------------------------ SOCIALIST REPUBLIC OF VIETNAM Independence Freedom Happiness -------------------- THE MINUTES OF ANNUAL GENERAL MEETING OF
More informationTotal Imports by Volume (Gallons per Country)
2/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 12/2016 12/2017 % Change 2016 2017 % Change MEXICO 50,839,282 54,169,734 6.6 % 682,281,387 712,020,884 4.4 % NETHERLANDS 10,630,799 11,037,475
More informationEXECUTION OF THE CMS BUDGET (Prepared by the Secretariat)
CONVENTION ON MIGRATORY SPECIES TENTH MEETING OF THE CONFERENCE OF THE PARTIES Bergen, 20-25 November Agenda Item 22a CMS Distribution: General UNEP/CMS/Conf.18a 30 September Original: English EXECUTION
More informationAn Informal Economic Report of the World Bank Vietnam Consultative Group Informal Mid-Year Review
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized VIETNAM : EXPORT PERFORMANCE IN 1999 AND BEYOND An Informal Economic Report of the World
More informationINTERNATIONAL CONVENTION ON STANDARDS OF TRAINING, CERTIFICATION AND WATCHKEEPING FOR SEAFARERS (STCW), 1978, AS AMENDED
E 4 ALBERT EMBANKMENT LONDON SE1 7SR Telephone: +44 (0)20 7735 711 Fax: +44 (0)20 7587 3210 1 January 2019 INTERNATIONAL CONVENTION ON STANDARDS OF TRAINING, CERTIFICATION AND WATCHKEEPING FOR SEAFARERS
More informationUK trade in goods statistics by business characteristics 2015
Coverage: United Kingdom Theme: Business and Energy Released: 24 November 2016 UK trade in goods statistics by business characteristics 2015 Experimental Official Statistics Media contact: HMRC Press Office
More informationMARKET BRIEF: RAISINS
Statistics & Marketing Information Dept. MARKET BRIEF: RAISINS An Overview of Export Growth MARKET BRIEF Raisins This publication was prepared by USAID s Agricultural Credit Enhancement Program in collaboration
More informationSupplementary Table S1 National mitigation objectives included in INDCs from Jan to Jul. 2017
1 Supplementary Table S1 National mitigation objectives included in INDCs from Jan. 2015 to Jul. 2017 Country Submitted Date GHG Reduction Target Quantified Unconditional Conditional Asia Afghanistan Oct.,
More informationWORLD HEALTH ORGANISATION MONDIALE O RGAN 1ZATION /О-' " DE LA SANTÉ
WORLD HEALTH ORGANISATION MONDIALE O RGAN 1ZATION /О-' " DE LA SANTÉ 1 / / TENTH WORLD HEALTH ASSEMBLY I Г 1 у ; aio/afl/8 г %-'r~,, 1 May 1957 Provisional agenda item 7*22 % / ; -у V... - " W - ' ORIGINAL:
More informationAugust Hundred and Fortieth Session. Rome, October Incentive Scheme for Prompt Payment of Contributions
August 2011 FC 140/4 E FINANCE COMMITTEE Hundred and Fortieth Session Rome, 10-14 October 2011 Incentive Scheme for Prompt Payment of Contributions Queries on the substantive content of this document may
More informationTIMID GLOBAL GROWTH: THE NEW NORMAL?
TIMID GLOBAL GROWTH: THE NEW NORMAL? 1 THE IMF FORECASTS GLOBAL GROWTH OF ~ 3.% IN 1/1, with a pickup in advanced economies and stabilization in emerging markets According to the IMF, global growth is
More informationLIFESTYLE REWARDS 2018 SALES INCENTIVE TRIPS
LIFESTYLE REWARDS 2018 SALES INCENTIVE TRIPS GENERAL INFORMATION & POLICIES PERIOD Varies by region Asia Pacific & Africa: 1 Sept. 1-31 Jan. 2018. Europe, Latin America, Middle East & North America: 1
More informationAPA & MAP COUNTRY GUIDE 2017 CANADA
APA & MAP COUNTRY GUIDE 2017 CANADA Managing uncertainty in the new tax environment CANADA KEY FEATURES Competent authority APA provisions/ guidance Types of APAs available APA acceptance criteria Key
More informationAppendix 3 Official Debt Restructuring
. Appendix 3 Official Debt Restructuring Restructuring with official creditors THIS APPENDIX REVIEWS OFFICIAL DEBT REstructuring agreements concluded since the publication of Global Development Finance
More informationAfrica Fixed Income. Old finance on an old continent makes for new things. SAAX July 2014
Africa Fixed Income Old finance on an old continent makes for new things SAAX July 2014 Which Africa? 4mn Irish aid stolen in office of Ugandan prime minister 100mn profit after tax Guinness Nigeria (2012)
More information