Wednesday 25 May 2022

CATEGORY

Legislation

Luckin Coffee announces the receipt of penalty decisions from the Chinese Samr

BEIJING, China — Luckin Coffee Inc. (OTC:LKNCY) yesterday announced the receipt of penalty decisions (the “Penalty Decisions”) from the Chinese State Administration for Market...

Chinese market watchdog issues $9m fine against Luckin and associated firms

MILAN – China's market regulator has issued a fine of 61 million yuan (about 9 million U.S. dollars) to Luckin Coffee and 43 third-party...

Vietnam announces the first coffee shipment to EU under new free trade agreement

MILAN – Vietnam has sent the first shipment of coffee to the European Union since the EU-Vietnam Free Trade Agreement (EVFTA) took effect in...

Puerto Rico commits $1.4 million to repair the facilities of the Coffee Trade Program

GUAYNABO, Puerto Rico – Puerto Rico's agricultural industry is preparing to receive over $2.6 million from the Federal Emergency Management Agency (FEMA) and the...

Uganda reaches record coffee exports levels, aims to become Africa’s largest producer

MILAN — Uganda strengthened its position as Africa’s largest coffee exporter with a record volume of 5.06 million bags in the financial year that...

Hawaii coffee producers face hard times with no help from federal relief program

MILAN – The congressional delegation from Hawaii has urged the U.S. Department of Agriculture to expand its coronavirus relief program to include coffee farmers....

Chinese regulators to penalise Luckin Coffee after confirming huge accounting fraud

MILAN – Chinese regulators will issue administrative penalties to the operating entities of Luckin Coffee Inc., two of its affiliates, and third parties assisting...

Cma issues guidance for transitional arrangements in the Kenyan coffee sector

NAIROBI, Kenya – In order to facilitate transitional arrangements in the coffee sector, the Capital Markets Authority (CMA) has issued guidance to support sector...

Government of Guatemala announces its intention to withdraw from the Ico

MILAN – The Government of Guatemala confirmed on Thursday its intention to leave the International Coffee Organization (ICO) as of the next coffee year....

EU has urged Germany to remove its restrictions on imports of coffee

BRUSSELS, Belgium – The European Commission decided Thursday to send a Reasoned Opinion to Germany regarding restrictions on imports of coffee. Under the German...

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