EAEU to develop new financing incentives for cooperative projects
International Business News – The Eurasian Economic Commission is quoted by the Haatamaken Business Network. The governments of the member states of the Eurasian Economic Union approved the formulation of proposals for sustainable funding sources for industrial cooperation projects. According…
Kazakhstan’s unrefined sunflower oil production up 70%
International Business News – From January to June this year, the import of sunflower seeds in Kazakhstan increased by 15 times year-on-year. The import demand for sunflower seeds mainly came from production enterprises. Due to the increase in output and…
Malaysia announces conditional resumption of broiler exports from October
International Business News – According to reports, the Malaysian cabinet agreed on August 29 that specific and specialized chicken farms to export broilers can resume exporting broilers starting in October once they have obtained approval from the Ministry of Agriculture…
China remains the largest importer of Cambodian rice for 4 consecutive years
International Business News – According to Song Sarun, president of the Cambodian Rice Federation, China has been the largest importer of Cambodian rice for four consecutive years since 2019 to 2022. It predicts that China will remain the most important…
Pakistan floods cost over $10 billion
International Business News – Pakistan’s Minister of Planning, Development and Special Projects Ahsan Iqbal said on the 29th that according to preliminary estimates, the damage caused by the floods in the country exceeded 10 billion US dollars, killing more than…
RMB depreciates against USD
International Business News – After two years, the RMB exchange rate is back below 6.90 yuan. On the morning of August 29, the RMB’s mid-price against the USD was at 6.8698, down 212 basis points from the previous trading day….
Singapore to Tighten Crypto Trading Restrictions
International Business News – The Monetary Authority of Singapore is considering new measures to tighten restrictions on retail investors trading cryptocurrencies. Many retail investors appear to be “irrationally disregarded” about the risks of trading cryptocurrencies, and these new measures will…
Cambodia’s garment industry develops strongly
International Business News – According to a report recently released by the Cambodian General Administration of Customs and Excise, in the first seven months of this year, Cambodia’s total exports reached US$13.78 billion, of which nearly 50% came from the…
Singapore and Brunei strengthen cooperation in green economy
International Business News – According to a recent release from Singapore’s Ministry of Trade and Industry (MTI), the country has just signed a number of Memoranda of Understanding (MOUs) with Brunei to strengthen cooperation in the areas of energy, green…
Thailand’s foreign trade exports grew for the 17th consecutive month
International Business News – Thailand’s Ministry of Commerce announced on August 26 that foreign trade exports in July were US$23.63 billion, up 4.3% year-on-year, for the 17th consecutive month of growth. Thai Deputy Prime Minister and Minister of Commerce Jurin…