Georgian wine in, Moldavian wine out 0

tbilisiwineSource: The Messenger

While Georgian wine has returned to the Russian market, a ban was announced for Moldavian wines. The Moldavian wine held around 10-12% of the Russian market, so, presumably, Georgia will take this segment of the Russian wine market. More…

Afghanistan’s fruit, vegetable export rise by 10 pc 0

afghaniproduceSource: Bakhtar News

Talking to media, Najla Habib, chairperson of Afghanistan export development institution said that in the first six months of the current fiscal year, export of fresh fruits and vegetables of the country have received 10% growth and this was applicable due to the close cooperation between business community and Afghanistan Chamber of Commerce and Industries (ACCI), adding that farmers harvest better corps this year due to sufficient rains. More…

Thai policy hits Cambodian cassava exports 0

cassava_plantationSource: The Phnom Penh Post

Thailand’s restriction on agricultural imports earlier this year caused dramatic declines for Cambodia’s cassava exports during the harvest season, provincial border officials said yesterday.

Cambodia’s exports of cassava reached 288,109 tonnes in the first six months of this year, a decline of 55 per cent from 634,317 tonnes in the corresponding period of 2012, according to statistics from the Ministry of Commerce. More…

2013’s economy likely to grow by 5.3% 0

A garment factory in Bien Hoa, VietnamSource: The Voice of Vietnam

Vietnam’s GDP growth rate in 2013 is more likely to stay at only 5.3%, or 0.2% less than predicted, according to a National Financial Supervision Commission (NFSC) report.

The NFSC released a report after evaluating the economy in the past eight months, saying achieving the initial target of 5.5% this year will be a challenging task. More…

Sri Lanka external trade expands in June 0

srilankatradeSource: Lanka Business Online

Sri Lanka’s exports rose 6.8 percent to 807.4 million US dollars in June 2013 from a year earlier with apparel exports up 14.9 percent to 356.8 million US dollars, official data showed.

Apparel exports to the US rose 24.8 percent while exports to the EU rose 6.7 percent in June, the Central Bank said. More…

Weak rupee ups textile exports 0

Pakistan TextileSource: The Nation

Pakistan’s textile exports have surged by over 10 per cent in July 2013 mainly due to sharp increase in dollar value against the Pakistani rupee, which is under severe pressure these days.

According to the figures of Pakistan Bureau of Statistics (PBS) released on Wednesday, the country exported textile related goods worth of $1.21 billion during the month of July 2013, which were $1.09 billion in same month of preceding year 2012, showing an increase of 10.96 per cent in one year. More…

Mongolia's cashmere fashion success 0

Mongolian CashmereSource: EBRD

Just as Mongolia is one of the world’s largest producers of cashmere, Ulaanbaatar, with its showrooms piled high with cardigans, dresses, scarves, hats and pashminas, can claim to be the fibre’s fashion capital.

The quality of Mongolian cashmere is excellent, and its price very competitive compared to other producer countries. Mongolia may be far away from the luxury fabric’s main consumers, wealthy Westerners, but the world’s fashion industry is increasingly interested. And Mongolian cashmere garment producers are trying to seize the moment. More…

Vietnam’s EU exports hit US$13.5 billion in seven months 0

vietnam costSource: The Voice of Vietnam

The two-way trade turnover between Vietnam and the EU reached US$19 billion over the past seven months, with Vietnam’s trade surplus hitting US$13.5 billion, up 24.2 percent over last year’s period. More…

Reserves now record US$ 16 bln 0

Foreign Exchange ReservesSource: bdnews24.com

Bangladesh’s forex reserves have reached a record $ 16 billion, spurred by a double-digit growth in exports and low food imports, according to the central bank Governor.

“You can attribute this remarkable feat to a combination of factors,” Governor Atiur Rahman told bdnews24.com. More…

Tea producers demand govt support to boost sector 0

meeting_20130814094056Source: eKantipur

Tea producers have warned that they will be forced to stop operations if the government does not address the issues of rising production costs and power shortages that have led to a deterioration in the quality of tea .

They said that they were unable to compete with agro products from India and other countries due to these reasons. Tea entrepreneurs have also expressed their dissatisfaction at the government for not addressing their main demands in the budget of the fiscal year 2013-14. They have recently come up with an eight-point demand to boost the tea business. More…