Imports

Vietnam cattle feeders spent millions of US dollars importing 311,523 head of Australian young beef calves last year— betting that retail prices for beef on the supermarket shelves had nowhere to go but up. Now the feeders, who buy calves and fatten them for sale to ...

The trade surplus in the first quarter of 2016 alone was five times higher than that of the entire year of 2012. But this could be bad news. In 2012, the country got trade surplus for the first time after 20 consecutive years of witnessing trade ...

More than a month has elapsed since the government vowed to strengthen its borders to halt illegal imports of rice, yet little has been done to stem the flow of illicit rice shipments flooding into Cambodia from its foreign neighbours and undermining the export efforts of ...

“The significant growth is related to our strong economy, which is driving an increase in import and export activity,” said SAP director-general Lou Kim Chhun. The port in Cambodia’s Preah Sihanouk province received approximately 95,000 20-foot equivalent unit containers during the first quarter of 2016, ...

After a series of technical delays and setbacks, Cambodia’s first industrial slaughterhouse is ready to begin operations and will start production upon receiving its first shipment of 2,000 heads of live Australian cattle in late May, the company behind the project said on 19 April. Ross ...

Financial integration, financial service access, and financial stability have been the central issues in discussions among Asean finance ministers and central bank governors at the meeting in Vientiane over the past few days. The ministers and governors have agreed upon the direction of regional cooperation ...

Softer growth prospects for China and a weak recovery in major industrial economies are expected to suppress economic growth in developing Asia and cut Thailand’s growth by half a percentage point, according to an Asian Development Bank report released March 30.  Keep reading ...

The Lao and Vietnamese governments agreed on 16 March to increase the two countries’ bilateral import-export turnover to US$3 billion by 2020, the Vietnam News reported on 17 March. The agreement was reached during talks between Prime Minister Thongsing Thammavong and his Vietnamese counterpart Nguyen Tan Dung ...

Vietnamese products are facing fierce competition from Thailand imports in the local market as Thai companies increasingly expand their presence in the country. A report from the General Department of Customs (GDC) showed that exports from Thailand reached US$7.5 billion in the first 11 months of ...

Products of a popular Thai cosmetics brand were found to be “unfit for use,” according to an official announcement by Myanmar’s Ministry of Health on 10 February. “Two products of ‘Forever Young’ cosmetics were found to contain prohibited chemical ingredients that can harm people’s health and [we] ...