Trade
Imports
Thailand ready to halt imports of Australian salad
Thailand is ready to halt imports of prepacked salad products from Australia if salmonella bacteria is detected by Thai food safety officials. Keep reading ...
Laos orders product labelling in Lao language
Every product manufactured domestically and also imported products shall now be required to be labelled in Lao language prior to distribution in order to protect consumers. The Ministry of Industry and Commerce has issued an ordinance on product labelling in Lao language, in order to expand ...
Tariffs on 1,100 items may go
Thailand’s Finance Ministry is seeking cabinet approval to waive import tariffs on more than 1,000 items, says Customs Department director-general Kulit Sombatsiri. If approved, 56 categories of imported goods and a total of 1,100 items will be allowed into the country without tariff, Mr Kulit said. Keep reading ...
Board of Investment to propose privileges for smart farmer scheme
Thailand’s Board of Investment (BoI) is set to propose promotional packages to support “smart farmer” projects at its next board meeting. Secretary-general Hiranya Sujinai said packages should combine both the BoI’s investment privileges and other support such as finance, technical assistance and market access development. Keep reading ...
China starts rice imports from Laos
The first shipment of rice imports from Laos have passed through inspection and quarantine procedures at south China’s Shenzhen port, according to local authorities. The shipment weighed 87.8 tonnes and was valued at 746 million U.S. dollars, said the Shenzhen Entry-Exit Inspection And Quarantine Bureau. Keep reading ...
Vietnam, partners look to sign Pacific-rim trade pact in February
The Vietnamese government expects to sign an agreement with 11 other nations in early February to finalize their negotiated terms of the Trans-Pacific Partnership, taking another step to turn one of the most ambitious trade pacts into reality. According to local media, Minister of Industry and Trade ...
Vietnam's currency drops to limit of trading band for first time
Vietnam’s dong fell to the limit of its current trading band for the first time, reflecting further pressure to weaken after three devaluations already this year. The currency fell as much as 0.07 percent to 22,547 per dollar in Hanoi, diverging from the State Bank of ...
Vietnam looking at $4 billion trade deficit in 2015
Vietnam could run up a US$4 billion trade deficit for the whole year after three consecutive years of a trade surplus, the Ministry of Industry and Trade (MOIT) said. The trade deficit would account for 2.4 per cent of total exports, much lower than the set ...
ASEAN sets up EU-style free-flow market
The ASEAN Community was officially declared on 8 December by leaders of the 10 member states of ASEAN in a landmark moment promising greater regional integration for the 48-year-old group. The challenge of this association of nations, marked by diversity, can be seen in the words of ...
Companies begin to feel the heat as import costs climb
Myanmar’s plummeting currency has prompted a vicious circle of rising prices in the import-dependent economy, in which even export-driven companies face rising costs, say businesspeople. New laws and regulations are urgently needed to control the kyat, they said, which has fallen by more than 25 percent ...
