May 1, 2013

World Bank Cuts Growth Forecast for Mongolia as Exports Slow ^Reply

by Brian Langis • Mongolia News • Tags: economy, Mongolia, exports, natural resources, Rio Tinto

Reposted from Bloomberg Businessweek
By By Michael Kohn

The World Bank lowered its forecast for Mongolia’s economic expansion this year on falling exports and foreign investments, and said the government needs to better manage spending.

Mongolia’s gross domestic product may rise 13 percent this year, compared with a previous forecast of 16.2 percent, the World Bank said in a press statement. The government’s fiscal deficit jumped to 8.4 percent of GDP last year, a 13-year record, it said. More…

April 26, 2013

Export values up 21 percent ^Reply

by cameronmiller • Cambodia News • Tags: Cambodia Chamber of Commerce, Cambodia Economist Association, exports, garment sector

Reposted from The Phnom Penh Post

Cambodian export values increased more than 21 per cent in the first quarter of this year compared with the same period last year, and officials said the rise was a positive sign for the Kingdom’s economic growth.

According to the Ministry of Commerce’s export data obtained by the Post yesterday, exports reached over $1.65 billion in the first three-month period this year, up from the goods exported during the same period last year, valued at $1.36 billion. More…

April 22, 2013

Not out of the woods ^Reply

by RizwanHabib • Myanmar (Burma) News • Tags: ASEAN, economic development, economic sanctions, European Union, exports, foreign companies, Foreign Direct Investment (FDI), Foreign Investments, frontier markets, growth & transformation, Myanmar, natural resources, political reforms, President Thein Sein

Myanmar certainly deserves credit for beginning an impressive process of transformation

Reposted from Dawn.com
By Shada Islam

FOR some it’s the new El Dorado. Foreign investors are lining up to do business in Myanmar, a once-pariah nation which only a couple of years ago was almost as isolated as North Korea today. More…

March 12, 2013

China’s Latest Ethiopian Railway Project Shows Their Growing Global Influence ¹

by John Enos • Africa News • Tags: Africa, China, Djibouti, Ethiopia, exports, Infrastructure, international trade, railways, trains, transportation

Chinese companies are building a $2.8 billion electrified railway from Ethiopia to Djibouti port, one of the first electric trains in East Africa

Reposted from Business Insider
By Jenny Vaughan

Camels rather than locomotives lumber over the railway tracks in this remote desert, famously traversed by storied French adventurers Arthur Rimbaud and Henry de Monfreid in the early 20th century.

The old French-built railway that connected Addis Ababa, the capital of landlocked Ethiopia, to the Red Sea port of Djibouti, is now being replaced by a Chinese-built electrified railway, a bold project that seeks to boost Ethiopia’s commercial exports. More…

February 20, 2013

Private investment up K133 bn in crucial sectors within January ^Reply

by RizwanHabib • Myanmar (Burma) News • Tags: Agriculture, business opportunities, exports, Farming, foreign direct investment, frontier markets, Hydropower, manufacturing, manufacturing sectors, Mining, Myanmar, oil and gas, President Thein Sein, private investment, rice, transportation

Private Investment on the rise for Myanmar

Reposted from Eleven Myanmar

In a country where most investments go to lucrative mining, hydropower and oil and gas, private investment worth 133 billion kyats (US$156.5m) has been put into transportation, manufacturing, farming and others within a month. More…

February 16, 2013

Food, beverage imports rise ^Reply

by RizwanHabib • Cambodia News • Tags: Acleda Bank, brewing industry, Cambodia, consumer demand, domestic market, domestic production, economy, exports, food and beverages, imports, In Channy, Investments, loans, local producers, Ministry of Commerce, Phnom Penh, quality production, small and medium sized enterprises, Te Taing Por, tourism sector

“The rise is due to a sharp growth in domestic demand”

Reposted from The Phnom Penh Post
By May Kunmakara

Cambodia spent about $200 million on food and beverage imports to supply the domestic market last year – an increase of more than 10 per cent from the previous year, official data from the Ministry of Commerce show. More…

February 15, 2013

Banyan: Before the gold rush ^Reply

by Brian Langis • Mongolia News • Tags: China, economic growth, exports, Mongolia, resource nationalism, The Economist

Reposted from The Economist

ONE of the world’s fastest-growing economies, Mongolia finds itself at odds with the sources of its new-found wealth: the foreign miners and financiers dazzled by the unfathomable bounty under its vast terrain. Some foreigners fear that populist politicians, pandering to a belief that the nation is selling its birthright too cheaply, may kill the goose before it has laid any golden eggs. Almost certainly not; but “resource nationalism” will surely make life uncomfortable for geese. More…

February 5, 2013

Bangladesh opens new finance-window for ‘indirect exporters’ ^Reply

by lncapital • Bangladesh News • Tags: Bangladesh, exports, financing

Chittagong Port, Bangladesh

Reposted from The Financial Express
By Siddique Islam

The central bank has opened a new finance-window for ‘indirect exporters’ by arranging local delivery of intermediate goods to manufacturers for final export, officials said Monday.

Under the new financing scheme, the indirect exporters, officially known as ‘deemed exporters’, will be able to discount the accepted bills against the supply before the date of maturity. More…

January 22, 2013

MONGOLIA first metallurgy processing plant would be operational by 2016 ^Reply

by Brian Langis • Mongolia News • Tags: exports, import, metal, metallurgy, Mongolia, steel

Reposted from Infomongolia.com

Mongolia is exporting nearly all excavated minerals due to absence of metallurgy processing plant in its territory thereby in order to seize the export flow of iron ore and work more profitable producing end-products locally Mongolian Metallurgy.

Manufacturer Union which was formed recently in the midst of this month has decided to implement a project to build its own plant in Mongolia. More…

January 21, 2013

Cambodia’s garment exports grow in 2012 ^Reply

by cameronmiller • Cambodia News • Tags: exports, Garment Manufacturers Association of Cambodia (GMAC), garment sector

Reposted from The Phnom Penh Post

The exports of garments and textiles from Southeast Asian nation of Cambodia grew to US$ 4.61 billion, up nine percent over total textiles and garment exports worth US$ 4.24 billion made in 2011, according to The Phnom Penh Post report.

However, the rise in garment and textile exports is lower than the 10.2 percent year-on-year increase in Cambodia’s overall exports achieved in 2012. More…

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Investment news and analysis from frontier markets

Tag Archives: exports