Day: February 15, 2023

Feb 15

Thailand works to spur exports to Cambodia, among four potential markets

Thailand’s Commerce Ministry is scheduled to organise about 450 activities to stimulate exports this year, focusing mainly on four potential markets namely the Middle East, South Asia, China, and the CLMV (Cambodia, Laos, Myanmar and Vietnam), a senior official has said. The ministry is also keen to tap new markets such as Central Asia and Nordic countries, Phusit Ratanakul Sereroengrit, director-general of the International Trade Promotion Department, was quoted by Bangkok Post as saying. According to Phusit, the export promotion Read Full Details…

Feb 15

The Road to Trade Winds ASEAN: Malaysia

U.S. businesses looking for opportunities to export to Southeast Asia should strongly consider Malaysia. A country with a growing upper-middle income population, Malaysia has a well-established legal framework, a business-friendly environment, and a large English-speaking worker and consumer base. With an increasingly receptive market for sophisticated products and services, including in technology, manufacturing, and healthcare, Malaysia remains the 19th largest trading partner of the United States, and trade between the two countries has nearly doubled over the last decade, peaking Read Full Details…

Feb 15

Indonesia and Malaysia move to secure palm oil exports amid talks of EU deforestation ban

With aims to secure a steady flow of palm oil exports from Asia toward the EU, Indonesia and Malaysia are sending a joint delegation to Europe to gather more information and present their views on the bloc’s future policy regarding the commodity. A new ban on deforestation-linked commodities may block future imports of palm oil from the two countries. All the involved players, Indonesia, Malaysia and the EU, have signaled that the future of free trade for palm oil is Read Full Details…

Feb 15

Vietnam, China boost import-export activities of agricultural products

Accordingly, the Ministry of Agriculture and Rural Development yesterday collaborated with the People’s Committee of Lang Son Province to host the conference. The People’s Committee of Lang Son Province said that although China has eased Covid-19 pandemic control on cargo import-export and customs clearance at the border gates, Vietnamese drivers have to show the Covid-19 test certificate via PCR method lengthening the waiting time at the gates and increasing costs. Besides, the Asia-Africa Market Department under the Ministry of Industry Read Full Details…