News — Exporter Magazine

  1. chinaworkers-8428467 The Philippines, one of the world’s largest labour exporters, has ordered a ban on the deployment of workers to 41 countries — including war-torn Afghanistan and booming India — where Filipino officials say there are inadequate protections against labour abuse, according to GulfNews.
  2. china-5316389 China’s trade volume has surpassed a historic level of US$3 trillion but analysts have forecast a grim trade outlook in light of growing global uncertainties, according to Xinhua News.
  3. maersk1-2714250 Hundreds of refrigerated containers have been quarantined in various locations around the world following reports of compressor explosions and incidents of spontaneous combustion that have resulted in at least three fatalities, according to FreshPlaza, citing a World Cargo News report.
  4. the-task-of-creating-0012-1370854 GOOGLE is making a $US100 million ($96.5 million) bid to win a bigger share of the fast-growing internet TV market, with more than 100 new channels to be rolled out via its subsidiary YouTube, starting this month, according to the Sydney Morning Herald.
  5. littlecheer-0006-3548774 China should reform the renminbi’s exchange rate in its own way and not let foreign pressure influence the pace of that reform, according to ChinaDaily.
  6. beef-2017684 Argentina is currently ranked among the world’s top six exporters of chicken meat (breast and legs) while in beef has dropped to position nine, according South Atlantic News Agency, citing the latest data from the US Department of Agriculture (USDA).
  7. avocado-2084621 With global avocado consumption on the rise, New Zealand which is looking at a bumper harvest this year is seeking new opportunities with the fruit as an important export product, according to FreshFruitPortal.com.
  8. riskvortex-0011-8546886 China Cosco Holdings Co., the nation’s largest shipping line, predicted a full-year loss because of plunging rates for carrying commodities and containers, according to Bloomberg.
  9. butter-2654962 Butter shortages in Scandinavia, Russia and other parts of the globe suggest that Ireland’s long-term expansion strategy for the dairy sector is well founded, according to the Irish Examiner.
  10. reshapes-products-graph-0014-1121984 New Zealand’s technology sector has broken through the $7 billion mark for the first time, according to the NBR.
  11. americaflag-7917714 Worried by China’s expanding economic ties to Africa, a key US senator said this week he would soon unveil a bill aimed at tripling US exports to the resource-rich continent over the next decade, according to AFP.
  12. taiwan-3214224 Taiwan’s Evergreen Marine and its affiliates have signed syndicated loan worth US$824 million to fund the purchase of ten 8,800-TEU newbuildings from China Shipbuilding Corporation (CSBC) of Taiwan, according to Transport Weekly, citing the Shipping Gazette.
  13. china-5316389 A senior Chinese official said the country’s foreign trade volume will surpass US$3 trillion this year, accounting for 10.5% of the world’s total, according to ChinDaily.
  14. malaysia-flag-7211279 Malaysian firms inked USD10-billion economic cooperation agreements with Chinese companies during a roundtable dialogue at the recently-concluded China-ASEAN Expo in Nanning of south China’s Guangxi, according to Xinhua news.
  15. Agricultural authorities in east China said they have conducted tests on livestock after media reports claimed sheep had been fed an illegal additive to make their meat leaner, accoding to Xinhua news.
  16. los-angeles_long-beach-ports-1191473 The Port of Los Angeles, as part of a broad initiative to facilitate exports and support economic development, is working with the US Department of Commerce to assist local garment manufacturers penetrate second-tier Chinese cities with their products, according to the Shipping Gazette, citing the American Shipper.
  17. health-9502324 New Zealand’s largest privately owned software exporter, Orion Health, has scored two big contracts in China less than a year after entering the market, according to BusinessDay.co.nz.
  18. chinasolaraircon-2421595 A trade complaint filed against China by a group of America-based solar companies drew skeptical reviews from inside the industry, with many fearing a trade war could disrupt growth, according to ChinaDaily.
  19. A useful guide for exporters daunted by the intellectual property minefield. The business world is littered with tales of stolen ideas and brilliant designs dropped because they were too futuristic to attract support. If their uniqueness had been safeguarded these concepts might have benefited their creators.
  20. lamb-4627419 UK exporters have traditionally found it difficult to stimulate significant interest in Spain because of a perception that meat from the rain-fed pasture system common across northern Europe has too strong a taste, contrasting to their own milder grain-fed, domestically produced lamb.

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