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Trade & Markets Updates
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Vietnam cuts US fruit tariffs as trade dispute grows
The move aims to ease tensions after the Trump administration imposed steep tariffs on Vietnamese imports.
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Food colors market size to reach US$10.40B by 2033 – Straits Research reports
Natural food colors, derived from sources like fruits, vegetables, and spices, are gaining traction due to health-conscious consumers and regulatory support for natural additives.
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Ghana faces significant poultry demand as imported frozen chicken overshadows local farmers
Officials are calling for policy action to protect domestic poultry industry amid rising demand and growing import dependence.
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Côte d’Ivoire eases import taxes on animal feed to boost livestock, meat production
Government is reducing customs taxes on feed imports and considering a new charge on foreign fish to ease strain on local producers.
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Starbucks India targets aggressive expansion despite FY24 losses, declining revenue
Despite a US$9.28M crore loss in FY24, Starbucks India plans rapid expansion with a focus on store formats and product innovation.