Kazakhstan trading companies ask for an increase in the number of quotas
International Business News – According to Kazakhstan Agricultural Network, the Ministry of Agriculture of Kazakhstan implemented a quota system for the export of sunflower seeds from July 8 to September 30. The total quota was small at 15,000 tonnes, export…
South Korean won falls below 1,320 won against U.S. dollar
International Business News – The exchange rate of the Korean won against the U.S. dollar fell below 1,320 won (about 6.76 yuan) in intraday trading on the 15th. After the opening of the foreign exchange market in Seoul that day,…
Indo-Pacific Economic Framework holds first meeting in Singapore
International Business News – According to Japanese media sources, the U.S. Department of Commerce announced on the 14th that the U.S.-led “Indo-Pacific Economic Framework” (IPEF) held its first meeting in Singapore, attended by senior officials and experts from 14 countries…
Cambodia struggles to drive tourism recovery
International Business News – Cambodian Prime Minister Hun Sen said that under the many uncertainties brought about by the global epidemic and the Russian-Ukrainian war, Cambodia’s current tourism industry cannot rely on Chinese and foreign tourists. Mr Hun Sen believes…
BOJ successor linked to “getting out of monetary easing”
International Business News – In view of Japan’s Liberal Democratic Party’s great victory in the Senate election and continuing to govern jointly with the Komeito Party, Prime Minister Fumio Kishida will fully start the selection of the successor of the…
Philippine manufacturing output rises for 14th straight month
International Business News – Preliminary data from the Philippine Statistics Authority showed that in May, the Philippine manufacturing output index increased by 1.9% year-on-year, higher than the 1.2% increase in April, and was the 14th consecutive month of growth; the…
Vietnam’s pangasius exports to increase by nearly 90% in 2022
International Business News – Vietnam’s “Customs Online” reported on June 20 that according to the Vietnam Aquatic Products Export and Processing Association, the export value of Vietnamese pangasius in the first five months of 2022 reached 1.21 billion US dollars,…
Vietnam’s cassava exports increased by 10.6% month-on-month
International Business News – Vietnam’s “Industry and Trade News” reported on June 16 that according to statistics from the General Administration of Vietnam Customs, in May 2022, Vietnam exported nearly 260,000 tons of cassava and its products, with an amount…
Malaysian East Coast’s largest port digital information level upgrade
International Business News – Guangxi Beibu Gulf International Port Group introduced on July 7th that the Malaysian Kuantan Port, which participated in operation, has been fully launched to use MTOS (multi -functional terminal production operation system), SAP (comprehensive administrative management…
Singapore’s manufacturing industry has been expanding for two consecutive years
International Business News – Singapore School of Procurement and Logistics Management (SIPMM) recently released the latest procurement manager index (PMI) data showed that in June, Singapore Manufacturing Manager Index (PMI) was 50.3, compared with 50.4 slightly compared decline. It was…