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In the first half of 2026, China’s durian imports saw a significant increase of 47% compared to the previous year. This was largely due to surplus stock from Southeast Asian exporters, such as Thailand and Malaysia, following a decrease in durian prices.…
In a bid to streamline border operations and facilitate smoother trade of agricultural goods, particularly durian exports, Vietnam’s Department of Customs has instructed its local sub-departments to hasten customs clearance processes at border checkpoints.…
DBS Bank is set to revolutionize the financial market in Singapore by launching tokenized physical gold for retail customers in the latter half of 2026. With this initiative, DBS Bank takes the lead as the first bank in the nation to empower its customers…
OCBC, Singapore’s second-largest bank, is amplifying its efforts to harness the expanding economic ties between Greater China and Southeast Asia. This new endeavor sees the bank forming a strategic partnership with two prominent business chambers, the…
Standard Chartered Bank China (SCB China) recently completed its first-ever Qualified Foreign Investor (QFI) investment in China Government Bond (CGB) Futures following the market’s recent opening. The bank served in dual roles, both as the QFI’s custodian…
In the latest regulatory development, Malaysia has imposed a 10% import duty on certain inbound shipments of gold bars. This unexpected decision has jolted the nation’s gold trade, with effects felt since early May, as per anonymous reports from traders and…
Overseas-Chinese Banking Corporation (OCBC) and the Australian High Commission in Singapore have recently launched a five-year strategic alliance aimed at fortifying trade and investment flow between Australia and Southeast Asia. The partnership is designed…
Trade associations in Malaysia are warning that the country’s food prices could potentially surge by up to 50% due to the escalating energy crisis linked to the conflict in Iran. This crisis has led to an increase in fuel costs, which in turn is inflating the…
DOJI, a renowned jewelry retail chain, recently joined the ranks of the nation’s silver bar distributors, making it the fourth such establishment in the country. The company initiated the sale of one- and five-tael silver bars in the cities of Hanoi and HCMC…
The trade relationship between Vietnam and Singapore has flourished, with bilateral trade hitting a new high of $27.8 billion in the first 11 months of this year. This marked a significant upsurge of 25.7% from the previous year and is 13.56% over the $31.67…
DHL Express has enhanced its network with increased capacity for the Hong Kong to Penang route. A Boeing 767 freighter will now ply the route, taking over from the previous Airbus A321, adding an extra 20 tons of cargo capacity per flight. Meeting Rising…
Emirates Gold, a leading bullion retailer, has made history by unveiling the first-ever gold Automated Teller Machine (ATM) in the United Arab Emirates (UAE). This pioneering system gives customers the ability to withdraw and trade physical gold around the…
Recent reports indicate that trade policy uncertainty in Asia has lessened, largely due to ongoing adjustments within supply chain structures that boost intra-regional connections. This is an important development considering the unpredictable global business…
On Wednesday morning, the Vietnamese dong experienced a slight increase against the U.S. dollar on the unofficial market while maintaining a robust stance against other major counterparts. In unregulated exchange locations, the U.S. dollar dropped by 0.24%…
Federal Express Corporation (FedEx), a prominent international express transportation corporation, recently disclosed its plans to add five additional weekly flights connecting the Asia Pacific region (APAC) with its European base at Paris Charles de Gaulle…
The US Dollar’s Fluctuating Performance Against Foreign Currencies The US dollar experienced a decline against the Vietnamese dong on Monday morning, while it simultaneously reached its most robust position in over two weeks against the Japanese yen. The…
