Rice exports tipped to beat state target

Rice shipments out of Thailand are expected to fare better than the government’s target of 10 million tonnes because of price competitiveness and recovering exports of hom mali fragrant rice, shippers say. Even so, that amount would be insufficient to retake the title of world’s ...

Wood exports to Europe to rise

Once the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade comes into force, there will be opportunities for Việt Nam to export more wooden products to Europe and other new markets as well as get higher prices, according to the EU Delegation to ...

Fresh push for contract farming

Frustrated with the failure of a $27 million emergency loan package to help rice farmers find a fair market price for their crop and stem the tide of smuggled paddy across the borders, Agriculture Minister Veng Sokhon is flogging a new model for the nation’s ...

Work set to begin on Laos-China railway this month

Construction of the Laos-China railway will start this month, with work to begin in several provinces simultaneously, an official in charge of the project has said. This approach will ensure that construction of the historic rail line, linking Vientiane to the Chinese border over a ...

Myanmar and India to open new international border gate in Tamu

Pilgrims, traders and adventurous holidaymakers can soon look forward to the opening of a new border gate between India and Myanmar, officials say. Immigration Minister U Thein Swe said the new international border gate at Tamu, Sagaing Region, would open soon. He said the Indian ...

Prospect for a budding industry

With Cambodia’s traditional cash crops struggling to compete in global supply chains, the Kingdom could carve out a lucrative niche in commercial cannabis harvesting and exports – provided it acts fast to take advantage of the falling legal barriers, a Cambodia-based American innovator has argued. ...

Government optimistic on exports

The government remains positive that exports will stay flat or eke out marginal growth this year despite an unexpected drop in October after two months of gains. The Commerce Ministry on November 28 said exports fell by 4.2% year-on-year in October to UScopy7.78 billion after growth ...

Thailand’s October exports fall

Thailand’s customs-cleared exports unexpectedly dropped in October after two months of gains, adding to pressure on the struggling, trade-reliant economy in the face of tepid global demand. Exports, worth about two-thirds of the Thai economy, have contracted the past three years, placing a big drag ...

Forestry dept offers assurances, admits flaws in wake of lawsuit

The Forestry Department has broken its silence after a Swedish court last week penalised an importer of Myanmar teak, dramatically calling into question the country’s documenting processes for timber sourcing. In a public statement, the Forestry Department claimed that current control systems should be “capable ...

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