Leaders of the growing BRICS group of nations are gathering in Brazil for a summit overshadowed by United States President Donald Trump's new tariff policies, with the bloc aiming to present itself as a defender of multilateralism.
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A (...)
The military confrontation between Israel and Iran entered its fourth day on Monday, with the Israeli Air Force launching a fresh wave of airstrikes targeting Tehran and other strategic sites across Iran.
According to the Israeli military, the (...)
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), signed an agreement on Tuesday with Winlong Lu, Chairperson of Chinese decorative fabric and home textiles manufacturer Hightx, to launch the company's latest project in the (...)
Chinese textile manufacturer Hightex Co., Ltd Hangzhou. will invest $17 million to build a decorative fabrics and home textiles plant in Egypt's West Qantara Zone, the General Authority for the Suez Canal Economic Zone (SCZONE) said on Tuesday.
The (...)
Walid Gamal Eldin, Chairperson of the Suez Canal Economic Zone Authority (SCZONE), has signed an agreement with Lou Jun, board member of China's GS Global Sourcing, to establish a new ready-made garments production facility in West El Qantara. The (...)
Vietnamese Prime Minister has instructed the State Bank of Vietnam (SBV) to stabilise the gold market amid significant price fluctuations and a growing disparity between domestic and global rates, as reported by the Vietnam News Agency.
The Prime (...)
Global food prices rose in April, with the FAO Food Price Index (FFPI) averaging 128.3 points, up 1.0 per cent from March, as increases in cereal, dairy, and meat prices outweighed declines in sugar and vegetable oils.
According to the UN Food and (...)
Fadel Marzouk, Chairperson of the Apparel Export Council of Egypt (AECE), stated that the 10% tariff recently imposed by the United States on clothing imports presents a strategic opportunity for Egypt to expand its presence in the US (...)
The Coalition of Asia Pacific Harm Reduction Advocates (CAPHRA) has called for an independent review of the World Health Organization's (WHO) role in shaping global public health policy, citing concerns over transparency, external influence, and the (...)
Chairperson of the Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din, and Ismailia Governor Akram Galal laid the foundation stone for the Hi-Tech – North Africa sportswear factory—the first Thai industrial investment in both Egypt and the (...)
US and Vietnamese business groups have urged the Trump administration to delay a planned 46 per cent tariff on Vietnamese imports, warning the move would harm bilateral trade and US companies.
In a joint letter to Commerce Secretary Howard Lutnick, (...)
India announced on Thursday that it is assessing the impact of the United States' decision to impose a 27 per cent tariff on its imports, despite ongoing efforts to secure trade concessions from Donald Trump's administration. The announcement came (...)
Coffee futures fell on Friday, extending the previous session's losses, as forecasts for rain in Brazil and Vietnam eased supply concerns.
May arabica coffee closed down 2.75 cents (0.71 per cent), while May robusta dropped $74 (1.36 per (...)
Egypt has solidified its position as a regional leader in digital technology, witnessing a significant rise in internet users and achieving a top cybersecurity rating, even as cyber threats intensify.
Between 2022 and 2024, Egypt saw an increase of (...)
Uganda's coffee export value surged 83.4 per cent year-on-year (YoY) in January to $156.5 million, driven by rising global prices, the agriculture ministry announced on Monday.
The country, Africa's top coffee exporter, shipped 550,341 60-kg bags, (...)
Remittances to Vietnam are estimated to reach approximately $16 billion in 2024, maintaining the record-high level achieved in 2023, according to Deputy Prime Minister and Minister of Foreign Affairs Bùi Thanh Sơn.
Ho Chi Minh City remains the (...)
Vietnam's economy expanded by 7.09 per cent in 2024, reaching $476.3 billion, a significant increase from the 5.05 per cent growth recorded in 2023, according to government data released early Monday.
The strong performance was driven by exports, (...)
Cambodia's exports to the Regional Comprehensive Economic Partnership (RCEP) country members rose 14.4 per cent year-on-year to $8.25 billion in the first 11 months of 2024 from 2023's $7.21 billion, according to a Ministry of Commerce report on (...)
Viet Nam's imports of computers, electronic products, and components reached $4.52 billion in the first half of December, according to the latest data from the General Department of Customs.
This influx brings the total import value for this product (...)
Viet Nam's forestry sector has achieved a record-breaking export turnover of an estimated $17.3 billion in 2024, representing a substantial 19.4 per cent year-on-year growth, according to a statement by the Forestry Department.
In December alone, (...)
Viet Nam's textile and garment sector is projected to generate over $44 billion in export revenue this year, a more than 10 per cent increase from last year, according to Cao Huu Hieu, director-general of the Vietnam Textile and Garment (...)
Exports of Egyptian ready-made garments surged to $2.27bn from January to October 2024, a 17% increase compared to $1.94bn during the same period in 2023, according to Fadil Marzouk, Chairperson of the Apparel Export Council of Egypt.
Marzouk (...)
Viet Nam is set to begin construction of a new railway connecting its largest northern port to the Chinese border by the end of next year, Prime Minister Pham Minh Chinh announced on Sunday.
The project, a 417-kilometre (259-mile) rail line, will (...)
Hong Kong's total export volume increased by 0.3 per cent in October 2024, and total imports rose by 1.5 per cent, compared to the same month in 2023, according to the Census and Statistics Department (C&SD) report on Tuesday.
In October 2024, (...)
Moscow has significantly boosted its trade with Southeast Asia in 2024, achieving a 7 per cent year-on-year increase in total trade turnover and a nearly threefold rise in non-energy exports, according to Anastasia Sapunova, head of the export (...)
