Import from India

Import from India

India, called “the world’s largest democracy,” is one of the fastest developing countries globally, experiencing rapid economic development. With its current economic growth, India is believed to be the most populous country in the world with a young population and the third-largest economy in the world by 2030. India is a prospective market; thus, imports …

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CITES Convention

CITES

CITES (Convention of International Trade in Endangered Species of Wild Fauna and Flora) is a multilateral treaty regulating the trade of more than 35 000 species – about 30 thousand species of plants and 5600 species of animals. One hundred eighty-three countries have signed the Convention. CITES brings attention to a global problem that illegal …

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Hin Leong Trading – An oil trading company goes bankrupt

Hin Leong Trading

The coronavirus pandemic and the oil price war, fuelled by Saudi Arabia and Russia, brought oil prices down to record low levels. This must-have affected the condition of oil trading and storage companies. Hin Leong Trading, a huge Singaporean oil trading and storage company has announced its collapse. 800 million USD of losses to Hin …

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