Baht Has Weekly Decline as Importers Buy Dollars; Bonds Drop
BusinessWeek
Imports climbed 25.6 percent in March, the most since September, as companies replaced machinery damaged in last year's floods, customs data showed last week. That contributed to a record $4.59 billion trade deficit. The baht has traded between 30.68 ...

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Live Trading News

Baht Falls on Speculation Importers Buying Dollars; Bonds Drop
BusinessWeek
Imports gained 21.5 percent in March from a year earlier, the most since September, official data showed on April 30, as companies replaced machinery damaged in last year's floods. “We may see some importer demand for the dollar,” said Norawit ...
Baht Drops as Importers May Boost Dollar Buying; Bonds DeclineBloomberg

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Nightmare foretold if Greece heads for euro exit
Reuters
Greece imports practically all its machinery, tools and software, so companies would be unable to grow. "If we return to the drachma, nobody will be able to do business abroad anymore," said Iraklis Megas, who imports animal food.

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Boston.com

US eyes more cuts in Indian imports of Iranian oil
Boston.com
KOLKATA, India—Hoping to wean India from Iranian oil imports, US Secretary of State Hillary Rodham Clinton is urging Indian leaders to explore alternative suppliers as she opens a three-day visit to the energy-starved South Asian giant that will also ...

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Business Daily Africa

CBK battles to calm market as shilling weakens
Business Daily Africa
Heavy demand for fuel, machinery and motor vehicles were the three largest drivers of demand for dollars, according to the latest data from the Kenya National Bureau of Statistics. The value of imports grew by 38.9 per cent from Sh947.4 billion in 2010 ...

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Woodworking Associations Reach Agreement To Own IWF Atlanta
woodworkingnetwork.com
The Woodworking Machinery Industry Association (WMIA) represents importers and distributors of woodworking machinery and ancillary equipment in North America. Founded in 1977, WMIA is the recognized voice of importers and distributors and a vital ...

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US-Colombia Free Trade Agreement goes into effect
McClatchy Washington Bureau
Everyone from flower importers, shipping lines and consultants to lawyers, investors and exporters is expecting to gain. The International Trade Commission estimates the deal will expand US product exports by $1.1 billion and support thousands of new ...

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Elimination of negative list of tradable items
Pakistan Daily Times
Indian origin machinery and raw materials imports via Dubai and Afghanistan was costing much higher to Pakistani importers and a study suggested that direct imports from India of such goods and materials would help Pakistan save $700 million annually.

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Trade Deal "Throws Country into Jaws of Multinationals," Critics Say
Inter Press Service
Economist Juan Pablo Fernández, an adviser to the left-wing Independent Democratic Pole party, told IPS that small-scale producers of goods such as car parts, machinery and home appliances "will become mere importers, in the best of cases.

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Liberalisation of visa regime
Pakistan Daily Times
... the commerce secretary informed that it would take some time to settle down, however, he informed that now Pakistan's importers are importing machinery spares and raw materials on much less cost compared with the positive list-based trade regime.

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