Author: Aisha Sajmi

A stair lift, commonly referred to as a stairlift, stair chair, chair lift, or stairway lift, is a motorized chair designed for people with mobility challenges, including the elderly and those with disabilities. These devices are mounted on a rail system attached to stair treads, enabling individuals to navigate staircases effortlessly. Stair lifts operate on pinion and rack technology and are known for their ease of use and effectiveness in improving accessibility in homes and other buildings. Global Market Overview As of 2022, the global stairlift market size stood at $810.3 million, with expectations of a crucial Compound Annual Growth…

Tensions are escalating in the international arena as Russia aligns with China in imposing a ban on Japan seafood, citing the release of treated radioactive water from Japan’s Fukushima nuclear plant into the Pacific Ocean. This move marks a new profound to global diplomatic and trade relationships, as suspicions arise regarding the motivations behind these restrictions. Rosselkhoznadzor, Russia’s vigilant agricultural watchdog, heralds the embargo on Japanese seafood, aligning itself with China’s provisional countermeasures. Cast under the banner of ‘precautionary measure,’ this decree awaits further confirmation regarding the intrinsic safety of Japanese marine offerings. Japan, steadfast in its assurances, maintains the…

Vietnam’s vibrant hues of tropical fruits are finding a sweet spot across the border with China, painting a fruitful picture of bilateral trade dynamics. China has emerged as the most prominent market for Vietnamese fruits and vegetables, accounting for a whopping 65% of the total export value in this sector, as reported by Đặng Phúc Nguyên, the general secretary of the VietNam Fruit and Vegetable Association. Vietnam, rich in an array of tropical fruits like durian, jackfruit, and dragon fruit, has been fervently expanding its fruit exports, with anticipations of gaining official export permissions to further penetrate the Chinese market…

Ten years mark the evolution of China’s Belt and Road Initiative (BRI), a vision that champions global economic integration. This strategy merges vast foreign investment with monumental infrastructure developments, eliciting both acclaim and scrutiny. Unraveling BRI’s Genesis Launched in 2013, BRI resonates with the ethos of the ancient Silk Road, bridging China with the West before the 19th-century maritime dominance. This modern venture is backed by a projected $8 trillion, targeting African, Asian, and European terrains. Diverse financing mechanisms, spanning government to commercial banks and Public-Private Partnerships (PPPs), fuel this initiative. A Tapestry of Achievements With a decade, the BRI…

Witnessing an unparalleled stride towards digital trade in the global framework, the FIT Alliance unveiled its latest declaration, aiming to fortify commitment to the technological leap. The complexity of global commerce shines through with ocean carriers issuing around 45 million bills of lading every year. This crucial shipping document, vital for commerce, often drifts away from standardization, with much still tethered to age-old paper-based systems. Such methodologies not only retard transactions but also heighten susceptibility to deception through manual exchanges. The solution for these trade barriers is Electronic Bills of Lading (eBLs). Integrating these stands to bestow diverse advantages onto…