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Malaysia, Thailand, Indonesia to hold back rubber exports

KUALA LUMPUR: Thailand, Indonesia and Malaysia’ pledge to withhold exports of 350,000 tonnes of natural rubber (NR) until March 2018 comes into immediate effect on Thursday. The three countries will also push ahead with greater domestic consumption of the commodity, according to the Bangkok-based International Rubber Consortium Ltd (IRCo). The IRCo said the withholding of […]

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Cambodia: Philippine fruit exporter building a new factory

Phillipines-based dried fruit exporter Profood International has begun construction of a new factory in Cambodia that, when completed, should see 4,000 tonnes of mangoes dried annually, according to Philippine news outlet Sun Star. Justin Uy, Profood founder and president, told Sun Star the 11-hectare plant was expected to begin operations in 2019, and that all […]

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Vietnam to review Uber and Grab’s legal status

The Hanoitimes – The Minister of Transport recently requested the Directorate for Roads of Vietnam to take the decision by the European Court into consideration when managing Grab and Uber’s operations in Vietnam. As the European Court of Justice has ruled that Uber should be regulated as a transportation company, the Minister of Transport Nguyen Van […]

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