Exports

The government remains positive that exports will stay flat or eke out marginal growth this year despite an unexpected drop in October after two months of gains. The Commerce Ministry on November 28 said exports fell by 4.2% year-on-year in October to UScopy7.78 billion after growth ...

Thailand’s customs-cleared exports unexpectedly dropped in October after two months of gains, adding to pressure on the struggling, trade-reliant economy in the face of tepid global demand. Exports, worth about two-thirds of the Thai economy, have contracted the past three years, placing a big drag ...

The Forestry Department has broken its silence after a Swedish court last week penalised an importer of Myanmar teak, dramatically calling into question the country’s documenting processes for timber sourcing. In a public statement, the Forestry Department claimed that current control systems should be “capable ...

SLN Meat Supplies, the company behind Cambodia’s first industrial slaughterhouse, is hoping to secure an export contract to supply $50 million worth of halal beef to a Malaysian distributor. This would be the company’s first overseas export agreement, and a much-needed boost to secure regular ...

Human trafficking continues to flourish within the region, requiring a joint effort by the Mekong countries to actively stamp out the trade and penalise those responsible. Human trafficking is harmful to socio-economic development and social order in the region and could worsen when the ASEAN Economic ...

Japan has proposed stricter tariff rules that would knock five trading partners including China and Mexico off the list of countries receiving preferential treatment for emerging economies.​​ A finance ministry customs committee said on November 24 that the list of nations qualifying for zero or minimal ...

Thailand is seeking to set up an investment holding company next year for government shareholdings, part of a wider effort to improve the performance of state-controlled enterprises. A law to boost the governance of such firms and enable the creation of the holding company may ...

Thailand is preparing to sit for talks with Malaysia to discuss an ambitious initiative to build a new high-speed train system linking Bangkok and Kuala Lumpur. The planned meeting follows interest expressed earlier by the Malaysian transport minister, which drew an enthusiastic response from Thai ...

Despite external headwinds, the Philippines is expected to grow the fastest among ASEAN economies until next year on the back of robust domestic demand and strong services exports, Standard Chartered Bank said on November 24. “The Philippines’ domestic growth engine is firing on all cylinders, ...

Việt Nam exported nearly 10,000 tonnes of fresh fruit to difficult markets such as the United States, Canada, South Korea and Japan in the first 10 months of this year. This export volume doubled figures from the whole of last year. According to director of the ...