Trade
Imports
Traders defy the law to import more teak into the USA from Myanmar than before the coup
Despite sanctions put in place against the brutal military junta in Myanmar, US traders continue to source precious teak from the country for luxury yachts and flooring. The allegations are made in the new EIA report Acts of Defiance – How US traders are ignoring sanctions to import ...
Plastic waste imports are 'unwanted'
More than 100 environmental groups have called on the government to prohibit the import of plastic waste and instead encourage the use of domestic plastic waste for recycling as a way to safeguard the environment and promote the circular economy. The network of 107 civil society ...
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Yunnan's trade with Mekong River countries tops 12.8 bln USD in 2018
The trade revenue between southwest China’s Yunnan Province and countries along the Mekong River exceeded 12.8 billion U.S. dollars last year. The trade volume saw a year-on-year increase of 7.28 percent. Keep reading ...
Việt Nam to build plan for trade promotion in development triangle area
Representatives of Cambodia, Laos and Việt Nam have agreed to assign Việt Nam to devise an action plan for effectively implementing the Agreement on Trade Promotion and Facilitation in the CLV Development Triangle Area, signed in 2016 in Siem Reap, Cambodia. This is one of the important ...
Vietnam increases its quota for Kingdom’s rice to 300K tonnes
After the EU decided to impose tariffs on Cambodia’s rice exports from January, Vietnam agreed this week to expand its import quota for the Kingdom’s rice to 300,000 tonnes. Vietnam’s actions come as the Chinese government late last night agreed to increase its import quota ...
Thailand: Cross-border trade up 6 percent in 2018
Thailand fetched 1.4 trillion THB (44.5 billion USD) from cross-border trade in 2018, up 6 percent over the previous year, but falling short of the set target of 1.5 trillion THB. According to Thailand’s Department of Foreign Trade, the ongoing US-China trade row, natural disasters, ...
Cambodia Faces Next Trade-Sanctions Move by the European Union
The European Union moved closer to imposing trade sanctions against Cambodia as a result of alleged human-rights violations in the country. The European Commission in Brussels has asked EU national governments to give the green light by Jan. 29 for suspending a policy that lets ...
China's Trade War Pain Can Be ASEAN's Gain
The current trade war between the United States and China is causing considerable stress to businesses in the line of fire. Even after the US midterm elections next month, the tension will not go away. []As the world adjusts to a shifting geopolitical landscape, the greatest ...
ASEAN growth forecasts take hits from trade war and market turmoil
Economists in Southeast Asia have lowered their growth projections as the U.S.-China trade war heats up and emerging markets face deepening turmoil, a new survey shows. Keep reading ...
Cross-border zone in North could boost trade links
The government is studying the feasibility of establishing a cross-border economic zone in the Golden Triangle under the Lancang-Mekong Cooperation scheme to expand economic links for Thailand, Myanmar, Laos and China. Keep reading ...