Trade
Exports
Myanmar expects a more vibrant post-election economy
Foreign investors are being wooed to invest more in Myanmar to take advantage of the country’s ASEAN membership and geographic location, which should enhance its attractiveness after the election in November. “By the end of this year, the ASEAN Economic Community will be launched. That means our market will ...
TPP trade talks appeal, says Somkid
Thailand is interested in joining the controversial Trans-Pacific Partnership (TPP) trade pact being touted by the United States, but needs to study the terms and conditions of the new trade bloc first, Deputy Prime Minister Somkid Jatusripitak says. Keep reading ...
US slashes anti-dumping tax on Vietnamese shrimp
The US Department of Commerce has cut anti-dumping tariffs on Vietnamese shrimp by up to 86 percent, giving rise to hope that shrimp exports to that country will increase in the remaining months of this year. Keep reading ...
Myanmar a rival on the rise
Structural reform in Myanmar means more competition for Cambodia’s key export industries. While Cambodia’s economic development is often compared to that of neighbouring Vietnam and Thailand’s, industry insiders say the Kingdom needs to keep a close eye on the steady progress being made in Myanmar, which ...
Myanmar border trade tops $2.4bn
Trade between Myanmar and its four neighbouring countries has reached US$2.48 billion (85 billion baht) in the financial year to date, a Myanmar Commerce Ministry official said. Keep reading ...
Vietnam seeking to boost exports: officials
Vietnam is seeking measures to boost exports as it is forecast to continue seeing a slow growth, officials said on 3 September. Export prices and volumes of many agricultural and mineral products will continue their downward trends, affecting the increase of export value, Nguyen Tien Vy, ...
Thai shippers fear deeper slump for exports
In the wake of falling exports for the seventh straight month in July, exporters are concerned that Thai shipments may slip into a full-year contraction of between 4.5% and 5%. Keep reading ...
Rice federation forecasts exports to resume as scheduled in mid-September
Recently halted after severe flooding that inundated swathes of the country, Myanmar will resume rice exports as scheduled from mid-September, the country’s rice federation said on 31 August. Members of the Myanmar Rice Federation had agreed to a temporary pause on exports and to sell domestically at ...
Farming bivalve molluscs for export favourable in Vietnam
Raising bivalve molluscs for export is currently a promising potential for Vietnam as global markets have a growing appetite for the product and the total domestic farming area could be enlarged, many insiders have said. Data from the Directorate of Fisheries show that the bivalve mollusc ...
US companies bullish on ASEAN business outlook, survey finds
American companies based in the region remain generally optimistic about business prospects for the 10 markets of ASEAN. The findings came in the annual ASEAN Business Outlook Survey by the United States Chamber of Commerce and the American Chamber of Commerce Singapore (AmCham). Keep reading ...
