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International businesses acquire petroleum and textile products at Turkmen exchange

29 Apr. 11:13

Source

On Tuesday, April 28, the State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET) hosted a series of high-stakes trading sessions involving international and domestic entrepreneurs. The auction showcased a diverse range of national industrial products, attracting significant interest from foreign buyers looking for high-quality raw materials and finished goods. This session further highlights Turkmenistan's role as a key supplier in the regional Eurasian market.

Foreign entrepreneurs from four different nations finalized major export contracts during the session. Afghan businessmen secured deals for "SN-600" grade base oil produced by the "Turkmennebit" State Concern. Additionally, representatives from the United Arab Emirates invested in raw silk, while business circles from Turkey and Ukraine focused their acquisitions on cotton yarn and various textile products, respectively.

The domestic market segment also saw active participation, with local entrepreneurs closing deals with the Ministry of Textile Industry. These transactions were focused on procurement for the domestic retail and manufacturing sectors, supporting the government's initiative to boost internal trade and industrial self-sufficiency. The exchange serves as a transparent mechanism for facilitating these critical commercial interactions.

At the close of the trading day, a total of five transactions were officially registered. The overall financial turnover of the session amounted to 4,406,000.00 Turkmen manats and 220,355.00 US dollars. These figures reflect the steady demand for Turkmen energy and light industry products on the global stage, reinforcing the country's strategic economic diversification goals.

















Two-Time Lottery Winner Donates Prize Money to Children in Need

23 Aug. 15:28

Source

North Carolina resident Christian Breton has secured a major lottery payout for the second time. According to Lottery Post, he has decided to donate a portion of his winnings to support school-aged children from low-income families in his local community.

After purchasing a $30 "$100,000 Cash Payday" scratch-off ticket, Breton claimed the $100,000 top prize, taking home $72,000 after taxes. This marks his second major win, following a $2 million prize in August 2024. Breton shared that while his previous winnings went toward helping his mother, his goal this time is to give back to the community by supporting families in need.