Search Results for: hong Kong

BY MARK ROWE
THE RUSSIAN government has banned imports of American chicken amid concerns about the number of chemicals used in the US poultry market. American suppliers had commanded a 50 per cent share of the Russian chicken market, estimated at two million tonnes a year.…

BY KEITH NUTHALL
THE PRICE of tobacco products fell in developing countries from 1990-2000, according to the World Health Organisation, which has concluded that they are now “sometimes even cheaper than bread or rice.” By contrast, the WHO tobacco price trends study assessing more than 80 countries concluded that cigarettes have become more expensive in most industrialised countries, such as Norway, Australia and Hong Kong.…

Keith Nuthall
WINES of SA, a non-profit organisation responsible for the promotion of South African wines, has reported that South African wine exporters are to begin targeting east Asian markets as a key to future growth.

The recent move will build on the industry’s existing successful penetration of the European markets coupled with the signing of the wine and spirits agreement between South African and the EU.…

BY MARK ROWE
THAI-JAPANESE joint venturers have floated a plan to turn a hillside in northern Thailand into one of the world’s most unlikely ski venues. Leisure Patine International Co Ltd, which has previously developed ice rinks in Thai shopping centres, has suggested that Japanese snow-making machines could be used to establish a ski slope near the town of Chiang Mai, a place better known as a haven for European and Australian backpackers.…

BY MARK ROWE
THE HONG Kong company Modern Terminals Ltd (MTL) has announced that it plans to invest a further HK$1 billion, (Pounds 94 million), to HK$2 billion in its port projects in China over the next three years. These include the container terminal operator’s ongoing investments in the Kaifeng and Shekou container terminals in Western Shenzhen across the mainland border and also operates five container berths at Hong Kong’s Kwai Chung Container Port.…

BY KEITH NUTHALL
IT was telling that the first step taken by President Bush against Islamic terror groups following the World Trade Centre disaster was to freeze bank accounts. The international community has now responded by agreeing common controls to stop terror groups laundering funds.…

BY MARK ROWE
SHIPPING live prawns in a hibernated state to Europe is being promoted in Thailand as a means of combating increased export competition from regional neighbours. Thai exporters are being encouraged to explore the possibility of shipping live tiger prawns to Europe by keeping the cargo in hibernation.…

BY KEITH NUTHALL
THE AUSTRALIAN government has issued the most comprehensive formal proposal favouring the liberalisation of the shipping industry yet made in the ongoing World Trade Organisation round on services.

Its paper said: “Significant barriers to trade and investment in maritime transport services still exist in many member economies.…

BY KEITH NUTHALL
FOREIGN companies will be able to hold 100 per cent ownership in hotels in China by March 2005, under the trade deal which led to Chinese membership of the World Trade Organisation being approved last week. Until now, international hotel groups have had to work with a Chinese partner in formal joint-ventures, as a condition of being able to trade in China.…

BY KEITH NUTHALL
DEVELOPING countries have banded together at the World Trade Organisation to call for its Trade Related Intellectual Property Rights Agreement (TRIPs) to be interpreted as allowing their governments to take any steps “to protect public health,” including the authorisation of generic production of medicines under patent.…