Big Man Business
Indonesia has raised the price cap for palm oil sold under its domestic market obligation (DMO) scheme to 15,700 rupiah ($1.01) per liter, up from 14,000 rupiah. This adjustment aims…
Russia’s Minister of Agriculture has announced that the country has developed one of the world’s most competitive agricultural markets over the past decade, largely due to a food embargo. This…
After China pledged $300 billion in investments and trade financing for Africa during the 2018 Forum on China-Africa Cooperation, the continent’s exports to China have grown significantly. However, concerns remain…
Russia is tightening its control over pine nut harvesting and exports by implementing an export duty on in-shell pine nuts starting August 1, 2024. The duty will initially be set…
Pakistan has announced plans to allow the commercial cultivation of hemp starting in January 2025. This move marks a significant shift in the country’s stance on cannabis-derived products. The decision…
Georgia is currently facing a critical wheat shortage, with mills expected to halt operations due to dwindling supplies. The country has increasingly relied on flour imports instead of wheat, primarily…
Russia has expressed dissatisfaction with Kazakhstan’s decision to extend its ban on Russian grain imports until the end of 2024. The ban aims to combat “gray imports” and protect local…
Former RBI Governor C. Rangarajan has called for an efficient import strategy in light of global disruptions affecting supply chains. Speaking at the ICFAI convocation, he emphasized the importance of…
Angered by West Bengal’s disruption of potato supplies, the Odisha government has decided to reduce its reliance on the neighboring state by importing potatoes from Uttar Pradesh instead. The first…
Six months after its launch, the Dangote refinery is significantly impacting global oil markets, particularly in the Atlantic basin. The $20 billion facility, which began operations in January, has already…