Trade

Trade policy and regulation

Local textile, garment firms yet to reap FTA benefits

Domestic garment and textile firms have, for the most part, missed out on the much-touted benefits of free trade agreements (FTAs) that Việt Nam has signed, experts said at seminar yesterday.Keep reading ...

LPG market wide open for competition

After more than three decades of government manipulation, liquefied petroleum gas (LPG) trading has been completely liberalised as of today, say industry officials and experts.Keep reading ...

Laos, United States parties strengthen cooperation, relations

Laos and the United States are moving forward in implementing the Joint Declaration on Comprehensive Partnership, signed by leaders last year. To fulfil this move, a delegation from the International Republican Institute (IRI) and the National Democratic Institute (NDI) are v isiting Laos on July ...

Myanmar to receive revenues from China-Myanmar crude oil pipeline

Myanmar will gain financially from the China-Myanmar crude oil pipeline, which began operations in early April after the two countries signed an agreement for the transport of crude oil, said officials. The crude oil transport agreement was signed on April 10 in Beijing during president U ...

Asia growth outlook brightens on strong exports - ADB

The Asian Development Bank raised its 2017 and 2018 growth forecasts for the region, reflecting rising exports as manufacturers of smartphones to cars to other consumer goods benefited from improving global demand. Developing Asia – made up of 45 countries in the Asia-Pacific region – is ...

Sugar traders ordered to balance inventory amid glut

Banned sugar re-exporters must balance their inventories by month-end, according to a letter from the Directorate of Trade, one sugar trader told The Myanmar Times. The order comes amid an oversupply of sugar in Myanmar and collapse in the price of sugar bound for China, from ...

Malaysia, Indonesia to take EU curbs on palm oil to WTO

Malaysia and Indonesia plan to raise the prospect of European Union curbs on the imports of palm oil with the World Trade Organisation, both countries said in a joint statement on Sunday.Keep reading ...

Laos, China reaffirm links, consolidate connectivity as cooperation commission meets

Laos and China have pledged to further promote their cooperation in economic, trade and technical assistance matters, a meeting of representatives of the two sides heard in the capital yesterday. The bilateral trade volume in 2016 reached US$2.34 billion, including Lao goods exported to China ...

The Chinese town at the epicenter of the global illegal ivory trade

When China announced at the end of 2016 that it would close its domestic ivory market within a year, the news was hailed as a “game changer” for African elephants, whose numbers are being driven down across the continent by poachers eager to meet the ...

Trump and China: implications for Southeast Asia

Before his inauguration, Chinese specialists judged that Trump, as a pragmatic businessman, could be ‘shaped’ to align with Chinese interests and would ultimately be easier to deal with than Clinton. President-elect Trump soon upended these sanguine expectations with a few gestures, comments and tweets. After ...

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