Search

CANBERRA -- The growing number of nations reporting bovine spongiform encephalopathy (BSE) in their cattle has prompted Australia to consider extending its beef ban from Europe to all countries worldwide. [...]

According to 'Financial Express', India can become the new global player in the apparel export market given the declining share of South-east Asian countries in this niche market and rising [...]

According to Al-Iktisadi Al-Ourdoni magazine (April, 2000), the Food Management Council approved a recent decision by the ministry of commerce and industry to accompany every shelf fish shipment from southeastern [...]

The financial instability suffered by Southeast Asia's currencies was connected by many analysts to China's flooding of global markets with low-cost goods and its accumulation in many of its industries of excess capacity. The decline in the value of Southeast Asia's currency was seen as a result of an increase in the region's current-account deficits and decreasing global competitiveness compared to China. This economic view, however, negates home-country factors such as delays in the governments' adjustment of monetary policy, weak banking sector and inefficient utilization of capital inflows and domestic savings.

A private group of US firms have left behind government officials and went to Southeast Asia to develop various trade agreements. The privately-funded delegation reflects the increasing significance of the Association of Southeast Asian Nations' (Asean) in US commerce. One of the commission's goals is to convince other Asean members to open their airline services to practically unbounded competition.

The Philippines is seeking to reduce trade barriers between south-east Asia and other countries. This proposal is being put to Asia-Pacific Economic Co-operation (Apec) and with sour=th-east Asian countries cutting tariffs with Apec members. The Association of South-East Asian Nations (Asean) is already reducing tariffs between member countries, and the Philippines proposes that the reduction applies to other countries, though this position has not been formally adopted by the Philippines.

Several nations in Southeast Asia are using their oil to barter for goods with other nations. Lack of cash, problems with domestic banks and currencies, poor credit status, and desire to become less dependent on the US dollar are forcing Thailand, Malaysia, Indonesia, and other countries in the region to consider barter trade. The oil is often used to barter for agricultural products such as rice.