Trade
Exports
Shipping giant insolvency worries importers, exporters
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The bankruptcy of Hanjin Shipping Global has surprised the world’s freight & forwarding market and caused alarm among Vietnamese goods owners. The international press has reported that the Hanjin Shipping Global, one of the world’s 10 largest shipping firms, has filed for bankruptcy in the South ...
China agrees to double rice import quota: PM
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China has agreed to double its rice import quota, Prime Minister Hun Sen announced at the opening of the first Chinese-Cambodia investment forum in Nanning, China on September 12, offering a much-needed boost to Cambodia’s beleaguered rice sector. The prime minister said China’s government had officially ...
Palm farmers eye a sweet deal
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Palm sugar producers in Kampong Speu province say they are ready to scale up and meet demand as global consumer goods giant Unilever looks to source palm sugar for its products from the Cambodian market. Prak Sereywath, president of the Cambodia Institute for Research and Rural ...
Alibaba’s presence in ASEAN region will help integrate China, SE Asia markets
Following Chinese e-commerce giant Alibaba Group’s recent announcement of boosting investment and its presence in the market of the Association of Southeast Asian Nations, a question comes to mind – can China and Southeast Asian countries integrate each other’s huge consumer markets via e-commerce platform? The ...
Cambodian PM's trip to ASEAN-China Expo brings fruitful outcome for bilateral ties: official
Cambodian Prime Minister Samdech Techo Hun Sen’s visit to Nanning in southwestern China’s Guangxi Zhuang Autonomous Region has brought closer relations between the two countries, a Cambodian senior official said on September 12. “The prime minister’s visit to Guangxi Zhuang Autonomous Region in China ended ...
Only certain plantation tree species may be exported: govt spokesman
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Only certain species of trees grown in managed plantations may be exported, not all species, the government spokesman said last week. Eucalyptus and kathinnalong trees whose trunks measure 12 centimetres or less may be felled for export but trees with larger trunks must not be used ...
Drought devastates local shrimp industry
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This year’s prolonged drought and saltwater intrusion in the Mekong Delta has destroyed more than 81,000 hectares of prime shrimp breeding areas in eight provinces, says the Ministry of Agriculture and Rural Development. Shrimp farmers in Ca Mau Province in the very south of the country, ...
Agricultural products exported to EU must meet health standards
Farms, market gardens, packaging units and companies that export plants and other agricultural products to the EU are required to register with the relevant authorities. This will enable them to obtain certification from district agriculture and forestry offices, according to a recent announcement by the Ministry ...
Govt urged to adopt sustainable devt goals
The representative of the United Nations Development Program has called on the Duterte administration to adopt the UN’s Sustainable Development Goals, saying it would help make a difference in poverty reduction and socioeconomic development. UNDP country manager Titon Mitra told reporters the Philippines would be able ...
Chile to boost exports by targeting Asian middle class
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Chile, one of the major trading nations in South America, has relied heavily on exports of minerals, mainly copper. As falling copper prices have taken a toll on the nation’s economy, it is shifting its focus to exports of agricultural, forestry and fishery products, as ...