FX retention chokes ART’s exports

The proposed reforms are understood to be aimed at addressing concerns over potential conflicts of interest arising from insurer-provider integration.

AMALGAMATED Regional Trading (ART) Corporation recorded a 32 percent decrease in export volumes during the quarter to June 30, 2025, with margins further eroded by the reduction in the foreign currency retention threshold.The group’s overall sales volumes declined by seven percent during the quarter as trading remained subdued.“Turnover for the quarter was US$7,8 million, a…

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