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Long hours of service among town officials in Nagano Pref.

OBUSE, Japan, Oct. 24 Kyodo - An arrow on a map indicates the town of Obuse in Nagano Prefecture, central Japan, where three municipal officials took their own lives in fiscal 2021 and 2022. A third-party panel established by the town government released a report in November 2023, finding that "abnormally" long working hours had become common among officials after staff numbers were reduced.(Kyodo)

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German tech company witnesses stellar growth amid Sino-German cooperation

STORY: German tech company witnesses stellar growth amid Sino-German cooperation SHOOTING TIME: April 17, 2024 DATELINE: April 18, 2024 LENGTH: 00:02:13 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of ZEISS 2. SOUNDBITE 1 (English): MAXIMILIAN FOERST, President and CEO, ZEISS Greater China 3. various of ZEISS products 4. SOUNDBITE 2 (English): MAXIMILIAN FOERST, President and CEO, ZEISS Greater China STORYLINE: Maximilian Foerst, President and CEO of ZEISS Greater China, recently took an interview with Xinhua. He hailed the growth of revenue of ZEISS in China, and is optimistic about future prospects of the Chinese market. SOUNDBITE 1 (English): MAXIMILIAN FOERST, President and CEO, ZEISS Greater China "We grew 22% overall in revenue (in fiscal year 2022-2023). And the very good news is this growth was in basically all our business segments. We are also an innovation-driven company. And innovation happens through exchange of ideas. This is why, fundamentally, we are always looking at

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A Starbucks Chain in Yichang

YICHANG, CHINA - NOVEMBER 3, 2023 - A Starbucks coffee chain in Yichang, Hubei Province, China, Nov 3, 2023. On November 3, according to Starbucks' annual financial report for the fiscal year 2023 (October 2022 - September 2023), the company's comprehensive net income for the full fiscal year increased by 12% to $36 billion during the reporting period. In China, the number of stores increased by 13% to 6,806.

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A Starbucks Chain in Yichang

YICHANG, CHINA - NOVEMBER 3, 2023 - A Starbucks coffee chain in Yichang, Hubei Province, China, Nov 3, 2023. On November 3, according to Starbucks' annual financial report for the fiscal year 2023 (October 2022 - September 2023), the company's comprehensive net income for the full fiscal year increased by 12% to $36 billion during the reporting period. In China, the number of stores increased by 13% to 6,806.

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A Starbucks Chain in Yichang

YICHANG, CHINA - NOVEMBER 3, 2023 - A Starbucks coffee chain in Yichang, Hubei Province, China, Nov 3, 2023. On November 3, according to Starbucks' annual financial report for the fiscal year 2023 (October 2022 - September 2023), the company's comprehensive net income for the full fiscal year increased by 12% to $36 billion during the reporting period. In China, the number of stores increased by 13% to 6,806.

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A Starbucks Chain in Yichang

YICHANG, CHINA - NOVEMBER 3, 2023 - A Starbucks coffee chain in Yichang, Hubei Province, China, Nov 3, 2023. On November 3, according to Starbucks' annual financial report for the fiscal year 2023 (October 2022 - September 2023), the company's comprehensive net income for the full fiscal year increased by 12% to $36 billion during the reporting period. In China, the number of stores increased by 13% to 6,806.

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A Starbucks Chain in Yichang

YICHANG, CHINA - NOVEMBER 3, 2023 - A Starbucks coffee chain in Yichang, Hubei Province, China, Nov 3, 2023. On November 3, according to Starbucks' annual financial report for the fiscal year 2023 (October 2022 - September 2023), the company's comprehensive net income for the full fiscal year increased by 12% to $36 billion during the reporting period. In China, the number of stores increased by 13% to 6,806.

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A Starbucks Chain in Yichang

YICHANG, CHINA - NOVEMBER 3, 2023 - A Starbucks coffee chain in Yichang, Hubei Province, China, Nov 3, 2023. On November 3, according to Starbucks' annual financial report for the fiscal year 2023 (October 2022 - September 2023), the company's comprehensive net income for the full fiscal year increased by 12% to $36 billion during the reporting period. In China, the number of stores increased by 13% to 6,806.

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A Starbucks Chain in Yichang

YICHANG, CHINA - NOVEMBER 3, 2023 - A Starbucks coffee chain in Yichang, Hubei Province, China, Nov 3, 2023. On November 3, according to Starbucks' annual financial report for the fiscal year 2023 (October 2022 - September 2023), the company's comprehensive net income for the full fiscal year increased by 12% to $36 billion during the reporting period. In China, the number of stores increased by 13% to 6,806.

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Higher interest rates "important driver" of global debt growth: IMF fiscal chief

STORY: Higher interest rates "important driver" of global debt growth: IMF fiscal chief DATELINE: Oct. 14, 2023 LENGTH: 0:03:04 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (English): VITOR GASPAR, Director of IMF's fiscal affairs department STORYLINE: An International Monetary Fund (IMF) senior official has said that with global public debt projected to grow faster, higher interest rates have been pushing up borrowing costs, becoming an important driver of public debt dynamics. SOUNDBITE 1 (English): VITOR GASPAR, Director of IMF's fiscal affairs department "Global public debt went up quite a lot in the year of the pandemic 2020. Then given very strong catch-up growth from the contraction in the pandemic plus inflation surprises, it came sharply down in 2021 and 2022. But as you said, public debt ratios are now higher and they're projected to grow faster than under pre-pandemic projections." According to the newly released IMF's Fiscal Monitor, total debt liabilities of governments

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Egypt plans to drill 35 new gas wells to increase production

STORY: Egypt plans to drill 35 new gas wells to increase production DATELINE: Aug. 30, 2023 LENGTH: 00:00:53 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt's Petroleum Ministry headquarters in Cairo 2. a shot of Egypt's Minister of Petroleum and Mineral Resources, Tarek El-Molla 3. various of production equipment pieces of a Zohr gas field STORYLINE: Egypt is planning to drill 35 new natural gas wells in the Mediterranean Sea and the Nile Delta in the next two fiscal years to boost its natural gas production, the Egyptian Cabinet said in a statement on Tuesday. The country already drilled ten natural gas wells during the fiscal year 2022-2023, which ended on June 30, 2023, the statement quoted Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla as saying. The offshore drillings have made a number of discoveries, including the finding of the Nargis-1 exploration well in the eastern Mediterranean, which holds about 2.5 trillion cubic feet of natural gas, it added. El-Molla

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Egypt's gross public debt up by 13.1 pct of GDP in FY 2022-23: finance minister

STORY: Egypt's gross public debt up by 13.1 pct of GDP in FY 2022-23: finance minister DATELINE: Aug. 11, 2023 LENGTH: 00:00:50 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Cabinet of Ministers 2. various of Ministry of Finance 3. various of Egypt's Finance Minister Mohamed Maait speaking STORYLINE: Egypt's Finance Minister Mohamed Maait said on Thursday the country's gross public debt, the financial liabilities of the government sector, climbed by 13.1 percent to reach 95.6 percent of the GDP in the fiscal year 2022-2023 that ended in June. In a statement, Maait attributed the rise to "fluctuation in the currency exchange rate and decline of the local currency against the U.S. dollars." "The government targets taking the gross debt down to 80 percent of the GDP in the next four years," Maait was quoted as saying in the statement. It added that despite international unfavorable conditions that have driven up the prices of most strategic commodities due to supply chain disruptions that resul

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EGYPT-GIZA-TOURISM-REVENUE-INCREASE

(230810) -- GIZA, Aug. 10, 2023 (Xinhua) -- Tourists visit the Sphinx at the Giza Pyramids scenic spot in Giza, Egypt, on Aug. 10, 2023. The revenue of Egypt's tourism sector reached 10.7 billion U.S. dollars in the fiscal year 2021/2022 that ended in June 2022, marking an increase of around 120 percent over the 4.9 billion U.S. dollars in the previous fiscal year, Egypt's official statistics authority announced on Wednesday. (Xinhua/Ahmed Gomaa)

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EGYPT-GIZA-TOURISM-REVENUE-INCREASE

(230810) -- GIZA, Aug. 10, 2023 (Xinhua) -- Tourists ride camels to visit the Giza Pyramids scenic spot in Giza, Egypt, on Aug. 10, 2023. The revenue of Egypt's tourism sector reached 10.7 billion U.S. dollars in the fiscal year 2021/2022 that ended in June 2022, marking an increase of around 120 percent over the 4.9 billion U.S. dollars in the previous fiscal year, Egypt's official statistics authority announced on Wednesday. (Xinhua/Ahmed Gomaa)

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EGYPT-GIZA-TOURISM-REVENUE-INCREASE

(230810) -- GIZA, Aug. 10, 2023 (Xinhua) -- Tourists ride camels to visit the Giza Pyramids scenic spot in Giza, Egypt, on Aug. 10, 2023. The revenue of Egypt's tourism sector reached 10.7 billion U.S. dollars in the fiscal year 2021/2022 that ended in June 2022, marking an increase of around 120 percent over the 4.9 billion U.S. dollars in the previous fiscal year, Egypt's official statistics authority announced on Wednesday. (Xinhua/Ahmed Gomaa)

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Egypt's tourism revenue jumps 120 pct in FY 2021/22

STORY: Egypt's tourism revenue jumps 120 pct in FY 2021/22 DATELINE: Aug. 10, 2023 LENGTH: 00:01:22 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of a Giza pyramid 2. various of tourists at Luxor Temple, museums, Sharm el-Sheikh seaside and other places 3. various of tourists at a Giza pyramid STORYLINE: The revenue of Egypt's tourism sector reached 10.7 billion U.S. dollars in the fiscal year 2021/2022 that ended in June 2022, marking an increase of around 120 percent over the 4.9 billion U.S. dollars in the previous fiscal year, Egypt's official statistics authority announced on Wednesday. The number of tourists visiting Egypt hit 11.7 million in 2022, registering a year-on-year increase of 46.6 percent from 8 million tourists in 2021, Egypt's Central Agency for Public Mobilization and Statistics said in a report. Europeans accounted for 62.6 percent of the tourists who visited Egypt in 2022, followed by Arabs who represented 26.4 percent and Americans who accounted for 5.8 percent, while the

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Ethiopia's state-owned telecom company reports rising annual revenue

STORY: Ethiopia's state-owned telecom company reports rising annual revenue DATELINE: July 21, 2023 LENGTH: 00:01:40 LOCATION: Addis Ababa CATEGORY: ECONOMY SHOTLIST: 1. various of Ethiopia's state-owned telecom company reporting rising annual revenue 2. SOUNDBITE 1 (Amharic): FREHIWOT TAMIRU, Ethio-Telecom chief executive officer (CEO) 3. SOUNDBITE 2 (Amharic): FREHIWOT TAMIRU, Ethio-Telecom chief executive officer (CEO) STORYLINE: Ethiopia's state-owned Ethio-Telecom reported an annual revenue of 75.8 billion birrs (about 1.38 billion U.S. dollars) during the past Ethiopian fiscal year, which ended on July 7. Ethio-Telecom chief executive officer (CEO) Frehiwot Tamiru announced the company's 2022/2023 fiscal year business performance on Tuesday. SOUNDBITE 1 (Amharic) FREHIWOT TAMIRU, Ethio-Telecom chief executive officer (CEO) "By offering 203 products and services, we have managed to earn 75.8 billion birrs during the budget year and we have achieved 101 percent of our target, up from 61.3 billion bir

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India produces 27 mln vehicles in FY 2022-23: report

STORY: India produces 27 mln vehicles in FY 2022-23: report DATELINE: June 30, 2023 LENGTH: 00:01:38 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of two-wheeler showroom 3. various of car showroom 4. various of electric vehicles (EVs) 5. various of traffic STORYLINE: The Indian automotive industry produced nearly 27 million vehicles across different segments and types, worth around 108 billion U.S. dollars in the fiscal year 2022-23 (April 2022-March 2023), a report said on Wednesday. Passenger vehicles (PVs) accounted for over 57 percent of the value, while two-wheelers made up almost 75 percent of the volume, according to a report released by a management consulting firm Primus Partners. There were also 1 million commercial vehicles (CVs). The automotive industry employed nearly 19 million people, it said. The report highlighted the dominance of mid-size and full-size SUVs in the PV segment and noted significant investments in electric vehicles (EVs), su

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India's current account deficit narrows in Q4 of FY23

STORY: India's current account deficit narrows in Q4 of FY23 DATELINE: June 28, 2023 LENGTH: 00:01:33 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of RBI buildings 3. various of markets 4. various of wholesale market STORYLINE: India's current account deficit (CAD) witnessed a shrink in the January to March quarter, the Reserve Bank of India (RBI) said. The CAD narrowed to 1.3 billion U.S. dollars, equivalent to 0.2 percent of the Gross Domestic Product (GDP) in the fiscal year 2022-23, said the data. This positive trend was primarily driven by a moderation in the trade deficit, which decreased from 71.3 billion U.S. dollars in the previous quarter to 52.6 billion U.S. dollars. Additionally, there was a robust increase in services exports, further contributing to the improvement in the CAD figures. However, despite progress in the January to March quarter of the 2022-23 fiscal year, the current account balance stood at 2 percent deficit of GDP, compared to the 1.2

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EGYPT-SUEZ CANAL-ANNUAL REVENUE-RECORD-HIGH

(230621) -- SUEZ (EGYPT), June 21, 2023 (Xinhua) -- A ship sails on Suez Canal in Suez Province, Egypt, on June 21, 2023. Egypt's Suez Canal posted a record-high annual revenue of 9.4 billion U.S. dollars in the fiscal year 2022-2023, up from 7 billion U.S. dollars a year earlier, the Suez Canal Authority's (SCA) chairman Osama Rabie said on Wednesday. (Xinhua/Ahmed Gomaa)

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EGYPT-SUEZ CANAL-ANNUAL REVENUE-RECORD-HIGH

(230621) -- SUEZ (EGYPT), June 21, 2023 (Xinhua) -- A ship sails on Suez Canal in Suez Province, Egypt, on June 21, 2023. Egypt's Suez Canal posted a record-high annual revenue of 9.4 billion U.S. dollars in the fiscal year 2022-2023, up from 7 billion U.S. dollars a year earlier, the Suez Canal Authority's (SCA) chairman Osama Rabie said on Wednesday. (Xinhua/Ahmed Gomaa)

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EGYPT-SUEZ CANAL-ANNUAL REVENUE-RECORD-HIGH

(230621) -- SUEZ (EGYPT), June 21, 2023 (Xinhua) -- A ship sails on Suez Canal in Suez Province, Egypt, on June 21, 2023. Egypt's Suez Canal posted a record-high annual revenue of 9.4 billion U.S. dollars in the fiscal year 2022-2023, up from 7 billion U.S. dollars a year earlier, the Suez Canal Authority's (SCA) chairman Osama Rabie said on Wednesday. (Xinhua/Ahmed Gomaa)

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EGYPT-SUEZ CANAL-ANNUAL REVENUE-RECORD-HIGH

(230621) -- SUEZ (EGYPT), June 21, 2023 (Xinhua) -- A ship sails on Suez Canal in Suez Province, Egypt, on June 21, 2023. Egypt's Suez Canal posted a record-high annual revenue of 9.4 billion U.S. dollars in the fiscal year 2022-2023, up from 7 billion U.S. dollars a year earlier, the Suez Canal Authority's (SCA) chairman Osama Rabie said on Wednesday. (Xinhua/Ahmed Gomaa)

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EGYPT-SUEZ CANAL-ANNUAL REVENUE-RECORD-HIGH

(230621) -- SUEZ (EGYPT), June 21, 2023 (Xinhua) -- Suez Canal Authority's chairman Osama Rabie speaks during a press conference in Suez Province, Egypt, on June 21, 2023. Egypt's Suez Canal posted a record-high annual revenue of 9.4 billion U.S. dollars in the fiscal year 2022-2023, up from 7 billion U.S. dollars a year earlier, the Suez Canal Authority's (SCA) chairman Osama Rabie said on Wednesday. (Xinhua/Ahmed Gomaa)

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EGYPT-SUEZ CANAL-ANNUAL REVENUE-RECORD-HIGH

(230621) -- SUEZ (EGYPT), June 21, 2023 (Xinhua) -- A ship sails on Suez Canal in Suez Province, Egypt, on June 21, 2023. Egypt's Suez Canal posted a record-high annual revenue of 9.4 billion U.S. dollars in the fiscal year 2022-2023, up from 7 billion U.S. dollars a year earlier, the Suez Canal Authority's (SCA) chairman Osama Rabie said on Wednesday. (Xinhua/Ahmed Gomaa)

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EGYPT-SUEZ CANAL-ANNUAL REVENUE-RECORD-HIGH

(230621) -- SUEZ (EGYPT), June 21, 2023 (Xinhua) -- A ship sails on Suez Canal in Suez Province, Egypt, on June 21, 2023. Egypt's Suez Canal posted a record-high annual revenue of 9.4 billion U.S. dollars in the fiscal year 2022-2023, up from 7 billion U.S. dollars a year earlier, the Suez Canal Authority's (SCA) chairman Osama Rabie said on Wednesday. (Xinhua/Ahmed Gomaa)

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EGYPT-SUEZ CANAL-ANNUAL REVENUE-RECORD-HIGH

(230621) -- SUEZ (EGYPT), June 21, 2023 (Xinhua) -- Journalists attend a tour on Suez Canal in Suez Province, Egypt, on June 21, 2023. Egypt's Suez Canal posted a record-high annual revenue of 9.4 billion U.S. dollars in the fiscal year 2022-2023, up from 7 billion U.S. dollars a year earlier, the Suez Canal Authority's (SCA) chairman Osama Rabie said on Wednesday. (Xinhua/Ahmed Gomaa)

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Japan's real wages slump most in nearly decade

STORY: Japan's real wages slump most in nearly decade DATELINE: May 24, 2023 LENGTH: 00:01:46 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: Japan's real wages in the fiscal year 2022 registered the steepest decline since 2014 as price increases outpaced the growth in nominal wages, official data showed Tuesday. In the fiscal year from April 2022 to March 2023, inflation-adjusted real wages fell by 1.8 percent from the previous year, according to the Ministry of Health, Labor and Welfare. This marked the sharpest decline since a 2.9-percent drop in the fiscal year 2014 when an increase in consumption tax led to higher prices. Nominal monthly wages rose by 1.9 percent in the last fiscal year to an average of 326,308 yen, the fastest growth in over 30 years. However, inflation outpaced such gains by experiencing a climb of 3.8 percent due to surging prices in food, electricity, and gas. During the period, regular salary, including base pay, rose 1.1 percent, wh

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EBRD lowers Egypt's 2023 GDP growth forecast to 4.2 pct

STORY: EBRD lowers Egypt's 2023 GDP growth forecast to 4.2 pct DATELINE: May 17, 2023 LENGTH: 00:01:10 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of shops Egyptian people shopping 2. various of the central bank of Egypt STORYLINE: The European Bank for Reconstruction and Development (EBRD) has lowered Egypt's inflation-adjusted GDP growth forecast for 2023 by 0.1 percent to 4.2 percent, Egypt's Al-Ahram newspaper reported on Tuesday. The report cites challenges such as inflation, tight monetary conditions, difficulties in obtaining external financing, and delays in structural reforms and asset sales. Egypt's real GDP growth in the first half of the current fiscal year 2022/23 was 4.2 percent, a significant decline compared to the same period of the previous fiscal year. The EBRD noted that the slowdown was driven by a decline in the manufacturing and construction sectors due to foreign currency shortages, and reduced Suez Canal and tourism revenues. Xinhua News Agency correspondent

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Japan's current account surplus plunges in FY 2022

STORY: Japan's current account surplus plunges in FY 2022 DATELINE: May 12, 2023 LENGTH: 00:00:54 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo 2. various of ports 3. various of street views in Tokyo STORYLINE: Japan's current account surplus in fiscal year 2022 dived 54 percent from the previous period, owing to a record trade deficit due to price surges in imports and a weaker yen, official data showed on Thursday. According to the finance ministry's preliminary report, the current account surplus in the fiscal period from April 2022 to March 2023 stood at 9.23 trillion yen (68.85 billion U.S. dollars), hitting the lowest level since fiscal 2014. Imports were up 35 percent to 117.68 trillion yen while exports rose 16.3 percent to 99.62 trillion yen, the data showed. The deficit in goods trade widened to 18.06 trillion for the fiscal year, which is regarded by market watchers as the main reason for the country's bleaker balance of payments. As the deficit

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Egypt revises budget deficit estimate to 6.9 pct of GDP

STORY: Egypt revises budget deficit estimate to 6.9 pct of GDP DATELINE: May 10, 2023 LENGTH: 00:00:46 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt's Parliament 2. various of the Egyptian Finance Minister Mohamed Maait speaking STORYLINE: Egypt's Finance Minister Mohamed Maait announced on Tuesday before the House of Representatives that the government has revised its budget deficit estimate for the 2023-2024 fiscal year to 6.9 percent of the gross domestic product (GDP), 0.6 percent higher than the previous forecast. According to Egypt's state-run Al-Ahram newspaper, Maait attributed this revision to interest rate hikes in Egypt and global markets, as well as increased spending on social protection and the rising cost of basic commodities. Both the World Bank and the IMF have adjusted their growth forecasts for Egypt. The World Bank now predicts a real GDP growth rate of 4 percent for both 2023 and 2024, down from its previous projection of 4.5 percent in December 2022. Similarly,

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Japan's industrial output rises 0.8 pct in March

STORY: Japan's industrial output rises 0.8 pct in March DATELINE: April 28, 2023 LENGTH: 00:00:42 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of ports and industrial manufacturing in Japan STORYLINE: Japan's industrial output rose from a month earlier in March, marking the second straight month of increase, the Ministry of Economy, Trade and Industry said in a report on Friday. According to the ministry, industrial output in March rose 0.8 percent from the previous month, with the seasonally adjusted index of output at factories and mines standing at 95.7 against the base of 100 for 2015. The figure for March follows an upwardly revised 4.6 percent increase logged in February, the ministry's data showed. The ministry's data set also showed the index of industrial shipments were up 0.4 percent to 93.1, while inventories gained 0.6 percent to 104.1 in the recording period. Industrial output fell 0.2 percent from the previous year in fiscal 2022 ended March, the ministry also said. The minis

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Japan's core consumer prices jump 3.1 pct in March

STORY: Japan's core consumer prices jump 3.1 pct in March DATELINE: April 22, 2023 LENGTH: 00:00:38 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of city views in Tokyo STORYLINE: Japan's core consumer prices jumped 3.1 percent in March from a year earlier, with food prices and those for durable goods surging, the government said in a report on Friday. The Ministry of Internal Affairs and Communications said the nationwide core consumer price index (CPI), excluding volatile fresh food items in fiscal 2022, climbed 3.0 percent from a year earlier, marking the sharpest rise since 1981. The headline figure has remained above the Bank of Japan's 2 percent inflation target for a complete year, the data showed, although government subsidies for household energy use helped soften energy prices, the data showed. But while energy prices went down 3.8 percent, with electricity, gasoline and kerosene prices dropping from a year ago, food prices leapt 8.2 percent in March. The rise in food prices was the

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Japan logs record 161.36 bln USD trade deficit for FY 2022

STORY: Japan logs record 161.36 bln USD trade deficit for FY 2022 DATELINE: April 20, 2023 LENGTH: 00:00:42 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of city views in Tokyo 2. various of port 3. various of factories in Japan STORYLINE: Japan posted a trade deficit of 21.73 trillion yen (161.36 billion U.S. dollars) in fiscal 2022 ending March, marking a new record, the government said in a report on Thursday. According to the Finance Ministry, the country's imports far outpaced exports from a year earlier, with imports leaping 32.2 percent compared to a 15.5 percent increase in exports. For March alone, the Finance Ministry said in its preliminary report that Japan logged a trade deficit of 754.5 billion yen (5.60 billion U.S. dollars). Xinhua News Agency correspondents reporting from Tokyo. (XHTV)

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India's annual exports grow at nearly 14 pct: commerce ministry

STORY: India's annual exports grow at nearly 14 pct: commerce ministry DATELINE: April 14, 2023 LENGTH: 00:01:30 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of wholesale market 3. various of Federation of Indian Export Organisations (FIEO) 4. various of street view STORYLINE: India's total exports, including merchandise and services, stood at 770.18 billion U.S. dollars, in fiscal 2023, up around 13.84 percent over the previous financial year (April 2021-March 2022), said official data released on Thursday. According to the data by the federal Ministry of Commerce and Industry, merchandise exports registered the highest figure of 447.46 billion dollars, with a 6.03 percent growth during the 2022-23 financial year (April 2022-March 2023). Services exports led the overall export growth and are projected to set a new record annual value of 322.72 billion dollars with a growth rate of 26.79 percent during the current financial year over the previous year. In an offici

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Myanmar exports over 1,900 tons of honey in 2022-23 fiscal year

STORY: Myanmar exports over 1,900 tonnes of honey in 2022-23 fiscal year DATELINE: April 13, 2023 LENGTH: 0:02:47 LOCATION: YANGON, Myanmar CATEGORY: ECONOMY SHOTLIST: 1. various of bee farms in Magway region 2. various of honey products STORYLINE: Myanmar exported more than 1,900 tonnes of honey in the 2022-23 fiscal year, earning over 2.8 million U.S. dollars, the Livestock Breeding and Veterinary Department said on Tuesday. The country's 2022-23 fiscal year started on April 1 last year and ended on March 31 this year. During the period, the country shipped 1,853.74 tonnes of honey via sea route and exported 63.44 tonnes of honey via land borders, the department said. "The export of honey this year decreased as its production has declined," U Soe Naing, a director of the department, told Xinhua. Myanmar annually exported about 3,000 tonnes of honey in the previous years, he said, adding that the country annually produced 4,000-5,000 tonnes of honey in the past years. The Southeast Asian c

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Myanmar's total export up 6.9 pct in 2022-23 fiscal year

STORY: Myanmar's total export up 6.9 pct in 2022-23 fiscal year DATELINE: April 10, 2023 LENGTH: 00:02:05 LOCATION: YANGON, Myanmar CATEGORY: ECONOMY SHOTLIST: 1. various of the container port in Yangon, Myanmar 2. various of the container trucks in Yangon, Myanmar STORYLINE: Myanmar exported products worth over 16.57 billion U.S. dollars in the 2022-23 fiscal year, up 6.9 percent from over 15.49 billion dollars a year earlier, data from the Ministry of Commerce showed on Friday. The Southeast Asian country shipped goods worth over 10.48 billion dollars via sea route, while it exported products worth 6.08 billion dollars through land borders, according to the ministry's figures. The export growth between April 1 last year and March 31 this year was led by the rising shipment of manufacturing goods and animal products, it said. Myanmar exported manufacturing goods worth more than 10.9 billion dollars last fiscal year, which became the largest export item during the period, the ministry's figures

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Myanmar exports over 600,000 tons of black grams

STORY: Myanmar exports over 600,000 tons of black grams DATELINE: April 8, 2023 LENGTH: 0:01:10 LOCATION: YANGON, Myanmar CATEGORY: ECONOMY SHOTLIST: 1. various of a black gram wholesale depot in Yangon STORYLINE: Myanmar exported more than 641,318 tons of black grams in over 11 months of the 2022-23 fiscal year beginning in April last year, the country's Ministry of Commerce said on Wednesday. During that period, the country earned over 525.08 million U.S. dollars from exporting black grams to countries including India, China and Thailand, the ministry's figures showed. Beans and pulses are Myanmar's second-most cultivated crops after rice, accounting for 33 percent of the country's total agricultural production, and black gram is the largest exported item among Myanmar's exported beans and pulses. Xinhua News Agency correspondents reporting from Yangon, Myanmar. (XHTV)

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MYANMAR-YANGON-BLACK GRAMS-EXPORT

(230407) -- YANGON, April 7, 2023 (Xinhua) -- This photo taken on April 7, 2023 shows a pile of black grams at a wholesale depot in Yangon, Myanmar. Myanmar exported more than 641,318 tons of black grams in over 11 months of the 2022-23 fiscal year beginning in April last year, the country's Ministry of Commerce said on Wednesday. (Photo by Myo Kyaw Soe/ Xinhua)

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MYANMAR-YANGON-BLACK GRAMS-EXPORT

(230407) -- YANGON, April 7, 2023 (Xinhua) -- This photo taken on April 7, 2023 shows a pile of black grams at a wholesale depot in Yangon, Myanmar. Myanmar exported more than 641,318 tons of black grams in over 11 months of the 2022-23 fiscal year beginning in April last year, the country's Ministry of Commerce said on Wednesday. (Photo by Myo Kyaw Soe/ Xinhua)

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World Bank revises down forecast for Egypt GDP growth in FY2022/2023

STORY: World Bank revises down forecast for Egypt GDP growth in FY2022/2023 DATELINE: April 7, 2023 LENGTH: 00:01:09 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Cairo 2. various of banks in Cairo 3. various of supermarkets and markets in Egypt 4. various of tourism industry and shipment industry in Egypt STORYLINE: The World Bank (WB) has revised down its forecasts for Egypt's real GDP growth in 2022-2023 fiscal year and 2023-2024 fiscal year to 4 percent in each of these two fiscal years, down from 4.5 percent it projected in December 2022. In its economic updated report for the Middle East and North Africa (MENA), according to Ahram Online on Thursday, the WB noted its forecast for GDP growth in Egypt for these two fiscal years falls below the 6.6 percent achieved by the country in 2021-2022 fiscal year. The WB report cited improvements in the country's reserves due to the increase in revenues of tourism and Suez Canal as well as foreign financing. However, the WB report found that the h

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Myanmar targets to expand 4 mln acres of sunflower plantations to cover domestic oil consumption

STORY: Myanmar targets to expand 4 mln acres of sunflower plantations to cover domestic oil consumption DATELINE: March 25, 2023 LENGTH: 00:02:58 LOCATION: YANGON, Myanmar CATEGORY: ECONOMY SHOTLIST: 1. various of the sunflower field in Ayeyarwaddy Region 2. various of officials inspecting the harvesting of sunflower seeds STORYLINE: Myanmar targets to expand the sunflower plantations up to 4 million acres across the country to cover domestic oil consumption, Ye Tint Tun, director general of the Department of Agriculture, told Xinhua on Thursday. Sunflower oil is one of the major cooking oils in the domestic market. Major cooking oils come from groundnuts, sesame seeds and sunflower seeds in Myanmar. Though the department targeted to plant 1.5 million acres of sunflower plantations, only 1.08 million acres were planted in the 2022-2023 fiscal year, according to the official. "We had already planted 1.08 million acres of sunflowers trees across the country last monsoon and winter seasons, and we're target

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MYANMAR-YANGON-GREEN GRAMS-EXPORT

(230309) -- YANGON, March 9, 2023 (Xinhua) -- This photo taken on March 9, 2023 shows green grams samples at a beans and pulses processing plant in Yangon, Myanmar. Myanmar exported more than 543,606 tons of green grams in nearly 11 months of the 2022-23 fiscal year beginning in April last year, the country's Ministry of Commerce said on Wednesday. (Photo by Myo Kyaw Soe/Xinhua)

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MYANMAR-YANGON-GREEN GRAMS-EXPORT

(230309) -- YANGON, March 9, 2023 (Xinhua) -- Workers check green grams at a beans and pulses processing plant in Yangon, Myanmar, March 9, 2023. Myanmar exported more than 543,606 tons of green grams in nearly 11 months of the 2022-23 fiscal year beginning in April last year, the country's Ministry of Commerce said on Wednesday. (Photo by Myo Kyaw Soe/Xinhua)

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MYANMAR-YANGON-GREEN GRAMS-EXPORT

(230309) -- YANGON, March 9, 2023 (Xinhua) -- A worker transfers bags of green grams at a beans and pulses processing plant in Yangon, Myanmar, March 9, 2023. Myanmar exported more than 543,606 tons of green grams in nearly 11 months of the 2022-23 fiscal year beginning in April last year, the country's Ministry of Commerce said on Wednesday. (Photo by Myo Kyaw Soe/Xinhua)

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MYANMAR-YANGON-GREEN GRAMS-EXPORT

(230309) -- YANGON, March 9, 2023 (Xinhua) -- Workers pack bags of green grams at a beans and pulses processing plant in Yangon, Myanmar, March 9, 2023. Myanmar exported more than 543,606 tons of green grams in nearly 11 months of the 2022-23 fiscal year beginning in April last year, the country's Ministry of Commerce said on Wednesday. (Photo by Myo Kyaw Soe/Xinhua)

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MYANMAR-YANGON-GREEN GRAMS-EXPORT

(230309) -- YANGON, March 9, 2023 (Xinhua) -- Workers carry bags of green grams at a beans and pulses processing plant in Yangon, Myanmar, March 9, 2023. Myanmar exported more than 543,606 tons of green grams in nearly 11 months of the 2022-23 fiscal year beginning in April last year, the country's Ministry of Commerce said on Wednesday. (Photo by Myo Kyaw Soe/Xinhua)

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Myanmar exports 106,855 tons of rice in Feb.

STORY: Myanmar exports 106,855 tons of rice in Feb. DATELINE: March 9, 2023 LENGTH: 00:05:00 LOCATION: YANGON, Myanmar CATEGORY: ECONOMY SHOTLIST: 1. various of rice warehouses in Yangon 2. various of workers carrying bags of rice at the warehouse STORYLINE: Myanmar exported 106,855 tons of rice in February this year, as compared to 171,811 tons of rice exported in January, the Myanmar Rice Federation (MRF) said on Tuesday. The Southeast Asian country also exported 84,549 tons of broken rice in February, as compared to 97,024 tons of broken rice registered in January, the MRF data showed. China remained the top buyer of Myanmar's rice and broken rice in February, purchasing 45,000 tons of rice and 64,321 tons of broken rice during the period, the federation's figures showed. During the first 11 months of the fiscal year 2022-23 starting from April last year, the country's rice export reached over 1.28 million tons, while its broken rice export hit more than 812,488 tons, official data showed. Myanmar h

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Myanmar's maritime trade up 19.42 pct in over 10 months

STORY: Myanmar's maritime trade up 19.42 pct in over 10 months DATELINE: Feb. 21, 2023 LENGTH: 00:03:33 LOCATION: YANGON, Myanmar CATEGORY: ECONOMY SHOTLIST: 1. various of container port in Yangon 2. various of container ships on the Yangon River STORYLINE: Myanmar's seaborne trade surged 19.42 percent year on year to about 22.24 billion U.S. dollars in over 10 months of the 2022-23 fiscal year beginning in April last year, official data showed on Saturday. From April 1 last year to Feb. 10 this year, the country's maritime export rose 10.21 percent to over 9.22 billion dollars from a year earlier, while maritime imports climbed 26.94 percent to over 13.01 billion dollars, data from the country's Ministry of Commerce showed. During the period, the country saw a total foreign trade value of over 29.33 billion dollars, including its border trade value of more than 7.09 billion dollars, the ministry's figures showed. The Southeast Asian country usually does most of its foreign trade through sea routes as i

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MYANMAR-YANGON-MARITIME TRADE

(230220) -- YANGON, Feb. 20, 2023 (Xinhua) -- A cargo ship is seen on the Yangon River in Yangon, Myanmar, Feb. 20, 2023. Myanmar's seaborne trade surged 19.42 percent year on year to about 22.24 billion U.S. dollars in over 10 months of the 2022-23 fiscal year beginning in April last year, official data showed on Feb. 18. (Photo by Myo Kyaw Soe/ Xinhua)