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Exhibitions

Executive Talks

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Interview with Milad M Istefanous, Executive Director of Philomina Global Services Co. Ltd.

Interview with Milad M Istefanous, Executive Director of Philomina Global Services Co. Ltd.

Philomina Global Head office located at Khartoum City that is well known, and having branches @ Port Sudan (Seaport City), and our modern office systems and all staff to give excellent services to our potential customers and worldwide associates.

Interview with Filipe Garcia, Branch Manager of Inicio transitarios Lda

Interview with Filipe Garcia, Branch Manager of Inicio transitarios Lda

Since the year 2000 INÍCIO TRANSITÁRIOS has been dedicated with total commitment to the creation of door-to-door transport solutions, regarding maritime and air logistics, on an international basis.

Interview with Ken Zhu,of Coeffort (Shanghai) Logistics & SCM Co., Ltd

Interview with Ken Zhu,of Coeffort (Shanghai) Logistics & SCM Co., Ltd

Coeffort was established in January 2015, core business of Coeffort is supply chain management and provide professional solutions, including supply chain financing, supply chain design, procurement and distribution, international customs clearance agent, executive stock trusteeship, Department of outsourcing, outsourcing processing and distribution management, supply chain services. I hope our business can do for customers "time Save", "money Save", "way touching One".

Interview with Arturo Chavez, Commercial Manager  of Smart Logistics Group

Interview with Arturo Chavez, Commercial Manager of Smart Logistics Group

SMART LOGISTICS GROUP is a premier transportation and logistics company, with coverage in SPAIN/EUROPE. Our value-added services portfolio includes import and export freight management, truck brokerage, intermodal, load/mode and network optimization, and global visibility. We provide freight forwarding, customs brokerage, warehousing and all other logistics services.

Interview with Ordan Cargo, Managing Director of Ordan Cargo Ltd

Interview with Ordan Cargo, Managing Director of Ordan Cargo Ltd

We are " ORDAN CARGO LTD" a freight forwarding & logistics company based in Tel Aviv, Israel since 2001 having presences at all main ports ASHDOD/HAIFA/TLV for Import/Export/Cross SEA/AIR. We provide excellent and creative logistics solutions as well as quality service with competitive prices.

Trade minister urges efforts to boost exports despite woes in currency market

Source:globalpost    2014-5-14 10:14:00

SEJONG, May 14 (Yonhap) -- South Korea's trade minister on Wednesday vowed to keep a close watch on the local currency's appreciation against the U.S. dollar that is eating into the profitability of exporting companies, but also urged the companies to make strong restructuring efforts.

In a special meeting convened to check conditions in the exports market, Yoon Sang-jick said the won's ascent against the U.S. greenback may provide an opportunity for the companies to improve their competitiveness in the long term.

"The government and private companies must work together to take this difficult condition and turn it into a chance to cut the companies' costs and improve the quality of their products as a way of strengthening the fundamental competitiveness of our economy," the minister of trade, industry and energy said.

The meeting involved officials from business organizations, including the Korea International Trade Association (KITA), and representatives from key industries.

The average exchange rate of the South Korean won in the first eight days of this month came to 1,029.7 won to the dollar, up 6 percent from 1,095.0 won for the same period last year. The won closed at 1,022.10 on Tuesday.

Such an appreciation was hurting the profitability of local exporters, whose break-even exchange rate was estimated at 1,045.0 won against the dollar in a recent survey by KITA.

Out of 340 exporting companies surveyed, 60.3 percent said their profitability has already worsened though the won's appreciation has yet to take a toll on the volume of their outbound shipments. Nearly one third or 28.2 percent answered both their profitability and export volume have been undermined.

"The government will continue to do its utmost to help minimize damage from currency rate fluctuations, but the companies, too, must be fully aware of the importance and risks of currency rates," Yoon was quoted as saying at the meeting.

Wednesday's meeting also sought ways to boost the country's exports to China, the world's largest importer of South Korean products.

The ministry said the growth of shipments to China has been slowing down for four consecutive quarters. Exports to the country grew 2.9 percent on-year to US$46.9 billion in the first four months of this year.

Such a slowdown was mostly attributed to a dip in China's own exports.

"Exports to China are expected to slowly recover in the second half of the year as China's own exports and domestic consumption will pick up on a recovery of the global economy," it said.

In the January-March period, South Korea shipped $21.9 billion worth of industrial parts and materials to China, accounting for over one third of its total exports of $64.88 billion in the sector, partly showing South Korea's heavy dependence on the Asian neighbor.