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Oh No!!! Our chicken rice price going to go up. Malaysia government to halt export of 3.6 million chickens a month until domestic prices stabilise https://www.channelnewsasia.com/asia/malaysia-halt-export-chicken-36-million-month-ismail-sabri-2701206?cid=internal_sharetool_androidphone_23052022_cna

In 2011, sales of Korean cars in the European Union grew 24% although the overall market contracted. On the other hand, French carmakers saw their sales falling with PSA Peugeot Citroen announcing plans to slash 8,000 jobs. As a result, France has officially sent a request to the EU Commission to monitor South Korean car imports, which could possibly result in tarrifs being slapped on the vehicles despite an EU-South Korean free trade agreement that was signed only a year ago. EU Trade Spokesman, John Clancy, said in a statement that the EU has received a note from the French authorities requesting surveillance measures for South Korean car imports. He added that the commission is reviewing the request carefully. If France manages to get its way, local carmakers will be able to obtain detailed information including the type and number of products scheduled for export to Europe before the cars even arrive. According to Reuters, although exports to EU grew by 40% since the free trade deal was signed on 1 July 2011, the number is far below the 640,000 units imported in 2007. This is because companies such as Kia and Hyundai have increased their production capacity in countries such as Turkey and Czech Republic. The backlash against Korean cars isn

Electronics Orders Plunge Cuts Singapore

American automakers have long struggled to export U.S. made vehicles to overseas markets. BMW, on the other hand, has apparently had no such problem. After 15 years of building cars and SUVs in Spartanburg, South Carolina the company has now shipped over one million cars to overseas markets. That's nearly two-thirds of all of the production from the plant. When the Spartanburg plant first opened in 1994, it only built 3 series sedans. Within a couple of years, the Z3 roadster was added, followed by the original X5. Ever since the 3 was dropped from the South Carolina production schedule, the plant has been the sole worldwide source for each of the vehicles it has built

By Ng Baoying, Channel NewsAsia | Posted: 17 February 2009 1322 hrs SINGAPORE: Singapore's January non-oil domestic exports suffered their largest year-on-year fall since records began in 1977, tumbling a worse-than-expected 35 per cent. January was also the ninth consecutive month of shrinking exports here. This came on the back of falling demand from all of Singapore's top 10 markets amid a global economic slowdown. Compared to the previous year, exports to China fell by 52 per cent in January, while those to the US decreased by 50 per cent. Electronic products led the overall decline, dropping by 38 per cent on-year after shrinking by 25 per cent in December. Non-electronic product exports fell by 32 per cent. Compared to December, non-oil domestic exports shrank 21 per cent. On a month-on-month, seasonally adjusted basis, exports fell by 3.2 per cent in January, compared to December's 11 per cent slide. Analysts noted that the decline was worse than that of September 2001, following the terrorist attacks in the US, when exports dropped 30.7 per cent. Across the region, Asian exports have been on the decline as the global economic downturn depressed demand for goods. Other badly hit countries included Japan, South Korea and Taiwan. - CNA/yb

Source: http://www.channelnewsasia.com/stories/sin.../376538/1/.html