Nepal tea exports rise in 1Q

Nepal tea exports rise in 1Q


The export of tea in the first quarter of the current fiscal year increased by 36 per cent compared with theyear on year and 6,426 metric tons of tea was exported in the first three months of the current fiscal year.

 

The export of tea, in terms of price,increased by more than 50 per cent compared to the same period last year and totaled Rs 1.71 billion.

 

The export of Nepali tea increaseddue to a decline in production in India.

 

Source: Nepali live today (Extracts), Courtesy: Tea Exporters’ Association Sri Lanka

ource: Vietnam News (Extracts), Courtesy: Tea Exporters’ Association Sri Lanka

 

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Forbes & Walker was set up in 1881 as a partnership between James Forbes and Chapmen Walker. Although there is no actual record of the date on which it was established the very first cash book, still in the possession of the Finance Director, indicates the brokerages were earned from 1st August 1881. In Sir Thomas Villiers' book “Mercantile Lore” the date of establishment of Forbes & Walker has been put down      Read More...

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