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November 22nd Qingqiao Morning Post | Indian rice export ban continues until next year
Release time:2023-11-22 Source: Qingqiao Number of views:

good morning

The night is inevitably dark and cool, and there will always be dawn ahead
Today in history:On this day 330 years ago, Zheng Banqiao, a Qing Dynasty calligrapher, painter, and writer in China, was born. His representative works include "The Painting of Xiuzhu Xinhuang", "The Painting of Qingguang Liuzhao", "The Painting of Orchid and Bamboo Fragrance", and so on. He attaches great importance to the originality of art and the diversity of styles. His calligraphy has a sparse and clear appearance, a strong style, and his paintings do not adhere to ancient methods, leaving no single style. His poetry is sincere and humorous, and is loved by the people. His poetry, calligraphy, and painting are known as the "Three Wonders" in the world.
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politics
01Cambodia to Implement a New Policy of Idle Land Tax

According to the Cambodian China Times, recently, the Cambodian Prime Minister's Office issued a statement stating that the government will implement and collect "industrial tax" in all 14 districts of Phnom Penh, the capital of Cambodia, as well as 27 cities in other provinces, starting from January 1, 2025. Other areas outside the scope of Phnom Penh and the aforementioned 27 cities will implement and collect "idle land tax".


The government has also decided that the area should not exceed5 hectares of land will be exempt from paying the 'idle land tax'. Land with an area exceeding 5 hectares, if used for agricultural cultivation and production, registered with the tax bureau and engaged in economic activities, owned building land or leased and signed lease contracts, government or government agency land, individuals or enterprises renting land from the government, land within the scope of special economic zones, and land belonging to private educational institutions, can also be exempt from paying "idle land tax".


Cambodia emphasizes the implementation ofThe purpose of the 'idle land tax' is to prevent land speculation and speculation, and encourage the efficient use of land for productionDevelopment, thereby promoting the national economy.

02Malaysia's Sabah National Front or Collaborating with the Democratic Progressive Party to Participate in State Elections

According to the Lianhe Zaobao, on November 18, Sabah National Front and UMNO President Bamoda told the media that since the chief minister of Sabah state hinted that the state election would be held in advance, Sabah National Front and UMNO were ready to participate in the election at any time, and would not rule out cooperation with the DPP.


It is understood that the Democratic Progressive Party was once the biggest political enemy of the Sabah National Front and UMNO. stayIn September 2020, the then UMNO of Sabah and the ruling central League of Nations teamed up to attempt to overthrow the Sabah state government led by the Democratic Progressive Party. The chairman of the Democratic Progressive Party and the then head of Sabah, Shafayei, attempted to preventUMNO seized power and sought royal approval from the head of state to dissolve the state parliament and hold state elections. The "Sabah People's Front", composed of the Sabah National Front, the National League, and the Sabah Unity Party, defeated the camp led by the Democratic Progressive Party and successfully took control of Sabah.


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military affairs
01Zelensky said aid to Ukraine's weapons began to decrease

Kiev Comprehensive News: Recently, Zelensky met with domestic and foreign journalists in Kiev and stated that since the outbreak of the Israeli-Kazakhstan conflict on October 7th, due to resource constraints, the artillery shells provided by Western allies to Ukraine have started to decrease, especially the 155mm shells widely used on the eastern and southern fronts of Ukraine. Industry military experts analyze that the Russo Ukrainian War has been ongoing for nearly two years. Although allies such as the European Union and the United States have been supporting Ukraine, long-term aid to Ukraine also poses challenges in terms of inventory and defense industry production.


Zelensky urged the allies to strengthen their support for Ukraine's air defense system, especially in the upcoming winter, to avoid a repeat of last year's Russian airstrikes that left millions of people experiencing prolonged cold and darkness. Although Western sanctions on Russia have slowed down its missile production, the Russian military's supply of attack dronesGenerally normal, Ukrainian authorities have built more air raid shelters and added rescue points to cope with the winter war.

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economic

01Indian rice export ban continues until next year

According to Bloomberg News, recently,Lao Wu, Chairman of the Indian Rice Exporters Association, pointed out that,India will hold a general election early next year, and high food prices will raise voter resentment, which is not conducive to the election situation of the Modi government,Modi governmentrequirementTo ensure sufficient domestic rice and curb the rapid rise in rice prices, rice export restrictions will continue until next year's election.Analysis by world-renowned economists,This move will help maintain rice prices atThe highest level since the 2008 food crisis.


Data display,previouslyIn the past 10 years, India has become a world leader thanks to its cheaper rice export prices and abundant rice harvestsriceThe first exporting country accounts for nearly 40% of global exports.But at the end of last year, the Modi government in India launched aFree Grain Program,800 million poor peopleThanks to this, the general election is imminent,Modi announced at the beginning of this month that he would extend this plan for five years, which means that for a long time, Indian rice will mainly meet domestic demand and there will be no plans for a large export.


India's restrictions on rice exports have severely hit impoverished consumers in Africa and Asia. Data display,the PhilippinesThe inflation rate of rice rose to a 14-year high in September; The Indonesian government has significantly increased rice imports before the February election next year in an attempt to cool down rice prices; The West African country of Nigeria saw a 61% surge in rice prices in September, pushing food inflation to 30.6%.

02Indonesian government subsidies for electric locomotives will increase next year

Daily Indonesian News: Recently, IndonesiaMaritime and Investment Coordination DepartmentInfrastructure and Transport CoordinationDepartmentThe Deputy Minister stated that,The government subsidy amount for electric vehicles may increase in 2024,The main reason for the increase in subsidy amount is that the original subsidy plan did not achieve the expected effect. Currently,The department is calculating the increase in incentive measures and will continue to evaluate the incentive plan for electric vehicles.


It is understood that as of now, IndonesiaThe cost of converting gasoline motorcycles into electric motorcycles isIDR 15 millionAbout RMB6966.75 yuanGovernmentOnly provideAssistance of 7 million Indian guildersAbout RMB3251.15 yuan,This means that the public still needs to bear higher conversion costs.And Indonesia's goalYes toBy 2030, reach the popularization level of 2 million electric vehicles and 13 million electric motorcycles,However, currently, electric motorcyclesThere are still 188502 remaining government subsidy quotas of 200000.



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security

01Hundreds of Thai people evacuated from northern Myanmar

News from Bangkok,On November 19th, the Thai Ministry of Foreign Affairs issued a message stating that upon receiving a request from the Thai side, the Burmese authorities assisted 266 Thai citizens to travel from the old streets of Shan State towns in northern Myanmar to the China Myanmar border about 10 kilometers away. The Thai authorities arranged two charter flights from Kunming, China to Bangkok, and withdrew them back to China. They were all trapped in the area due to intense conflicts between the Burmese military government and ethnic minority local armed groups, and Philippine and Singaporean citizens were also evacuated together. After the evacuated personnel arrive in Bangkok, the authorities will check if they have any records of human smuggling or criminal activities. As for non Thai citizens, they will be assisted by their respective embassies to return home after arriving in Bangkok.


Since the Myanmar War, the Burmese army has been continuously retreating, losing several towns and military strongholds. The war is now approaching Old Street, a town plagued by gambling and cyber telecommunications fraud. Previously, Thailand had withdrawn from the Thai Myanmar border41 trapped Thai citizens.



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culture
01The "Treasure of the Emperor" Gold Seal Returns to Vietnam

Yue Tong News Agency,November 18thVietnamCultural Heritage Bureau of the Ministry of Culture, Sports and TourismAccording to a message released,Vietnam Ministry of Culture, Sports and TourismRelevant leaders attendedThe return ceremony of the "Emperor's Treasure" gold seal signifies the official return of the cultural relic to Vietnam. It is reported that the "Emperor's Treasure" gold seal was cast by the second emperor of the Nguyen Dynasty in Vietnam, Ming Ming Emperor, in 1823. It weighs 10.78 kilograms and measures 13.8 x 13.7 centimeters, with a dragon pattern carved on the body.


In October 2022, the "Emperor's Treasure" gold sealAppearing at the famous Miron auction house in Paris, FranceVietnam immediately launched a partnership with Paris, FranceNegotiation and discussionAnd handle the relevant suspensionAfter more than a year of hard work, the Golden Seal finally returned to Vietnam through the procedures of public auction. The Vietnamese side stated that,The "Emperor's Treasure" gold seal is an important cultural heritage and a symbol of political power at a certain period in Vietnamese history; SignificantlyVietnamThe transition from monarchy to people's democracy during the Ho Chi Minh era. The authorities will continue to make efforts to search for overseas cultural relics.







Financial Newsletter
According to Futures Daily, WTI's December crude oil futures have recently closed up $1.71, or 2.25%, at $77.60 per barrel. Brent January crude oil futures closed up $1.71, or 2.12%, at $82.32 per barrel.


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