China exports eyed as red corn markets thrive
Typically processed as animal feed, red corn is harvested twice a year: once between late June and August, and again from late October to February of the following year.
Trade
South Korea seeks to reinvigorate economic ties with Latin America
South Korea has signed a Strategic Economic Complementation Agreement with Mexico and Ecuador, respectively.
Vietnam proposes stronger economic cooperation to promote post-pandemic recovery
Two-way trade between the Mekong countries and China in 2021 reached nearly US$400 billion, up 23 per cent compared to 2020.
Japan consumers asked to accept higher prices for Philippine bananas
The Philippines embassy's unusual request for a price hike was made to the Japan Retailers Association, which includes supermarkets among its members, in early June.
South Korea’s Yoon touts nuclear energy, green tech, chips as strengths at Nato summit
He held 10 bilateral talks on the sidelines of the Nato summit, seeking to reduce the nation’s economic dependence on China and make Europe an alternative market.
Indonesia and United Arab Emirates reach trade pact
The accord, reached during a visit by Indonesian President Joko “Jokowi” Widodo to Abu Dhabi, will remove or sharply reduce duties on most goods traded between the Muslim…
China’s BRI beneficial with a side of risk?
BRI-participating economies represent over a third of global gross domestic product and more than half of the world’s population, the Organisation for Economic Cooperation and…
Nepal, Bangladesh get $1 billion to boost regional trade and connectivity
The programme will help improve selected road corridors and upgrade key land ports and custom infrastructure.
National Assembly Chairman vows favourable conditions for Vietnam-UK trade ties
The Vietnamese top legislator highlighted the significance of the signing of the UK – Vietnam Free Trade Agreement (UKVFTA).
China accuses G-7 of ‘creating division’ over trade criticism
The United States has long cast a wary eye at China over its trade practices, which Washington believes are designed to accord an unfair advantage to Chinese companies over…