logo
Myanmar to exhibit about 80 booths at 22nd China-Asean Expo in September

Myanmar to exhibit about 80 booths at 22nd China-Asean Expo in September

The Star28-07-2025
YANGON: Myanmar will exhibit about 80 booths at the 22nd China-Asean Expo, which will be held in Nanning, capital city of South China's Guangxi Zhuang Autonomous Region, from Sept 17 to Sept 21, state-owned daily The Global New Light of Myanmar reported on Sunday (July 27).
Myanmar will participate in the expo as the Country of Honor and explore market access for Myanmar's agro-based SMEs' products into the Chinese market, the report said, adding that Myanmar's high-quality gemstones will also be displayed at the expo.
The expo provides a platform to promote the Regional Comprehensive Economic Partnership and the Asean-China Free Trade Agreement 3.0, it said.
It helps strengthen friendship between the participating countries and generate trade benefits, it added.
Myanmar joined in China-Asean Expo in 2005, the report said. - Xinhua
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Malaysia sets sights on becoming Asean pharmaceutical and healthcare hub
Malaysia sets sights on becoming Asean pharmaceutical and healthcare hub

The Sun

time2 hours ago

  • The Sun

Malaysia sets sights on becoming Asean pharmaceutical and healthcare hub

KUALA LUMPUR: Malaysia is setting its sights on becoming a halal pharmaceutical and healthcare hub for Asean, leveraging partnerships with India's booming pharma sector as industry leaders prepare for the Second Malaysia Pharma and Healthcare Expo (MPHC 2025) in October. The expo, to be held at the World Trade Centre Kuala Lumpur from Oct 7 to 9, is expected to attract over 100 companies, up from 70 last year, alongside policymakers, researchers and investors across Asean, India, Australia and South Korea. Organisers say the event will spotlight innovations in halal-certified drugs, active pharmaceutical ingredients (APIs), biotech, regenerative medicine, telehealth and AI-driven diagnostics. Malaysia-India Business Council general secretary Datuk Surendran Menon said trade between Malaysia and India stood at US$20 billion (RM84.6 billion) in 2024, but pharmaceuticals made up just US$96–$104 million of that figure, a sign of significant untapped potential. 'India is known as the pharma of the world, while Malaysia offers halal regulation expertise and a strategic Asean strong potential in contract manufacturing, technology transfer and joint R&D, especially in halal pharmaceuticals and vaccines,' Surendran told reporters at a media briefing today. He said Malaysia imports over 70% of its pharmaceutical products, and the government's national pharmaceutical policy is pushing for greater domestic production, a move that could entice Indian firms seeking to expand into Asean markets. He also pointed to India's own 200 million-strong Muslim population as an untapped market for halal pharma products manufactured in Malaysia. 'Even if we tap just 50 million of that halal market in India, it's far larger than our domestic market here. Halal-certified medicines made in Malaysia could be exported not just across Asean but also back into India itself,' he said. This strategy, he added, would allow two-way investment flows, Indian companies bringing R&D and cost efficiencies to Malaysia, while Malaysian firms could set up manufacturing or joint ventures in India. Asean-India Economic Council chairman Datuk Ramesh Kodammal said Malaysia stands to benefit from India's US$50 billion pharmaceutical export industry, particularly as Asean and India review their free trade agreement, which has been in place for 11 years. 'If we work closely with India, we will have a lot of benefit,' he said, adding Malaysia has a great advantage of re-exporting with these Indian companies for the Asean market a huge market of 700 million people. Ramesh confirmed 40 Indian companies are slated to participate in MPHC 2025, alongside Asean, Australian and South Korean firms.

Trump says ‘getting very close' on extending China trade truce
Trump says ‘getting very close' on extending China trade truce

The Star

time3 hours ago

  • The Star

Trump says ‘getting very close' on extending China trade truce

A preliminary deal between the US and China is set to expire on Aug 12. - Photo: Reuters WASHINGTON: US President Donald Trump said he was "getting very close to a deal' with China to extend the trade truce that saw the two countries agree to reduce tit-for-tat tariff hikes and ease export restrictions on rare earth magnets and certain technologies. "It's not imperative, but I think we're going to make a good deal,' Trump said in an interview with CNBC, adding that the US was "getting along with China very well.' Still, Trump downplayed the notion that he was eager for a meeting with Chinese President Xi Jinping, saying he would only want to see his Chinese counterpart as part of an effort to conclude trade negotiations. "I'll end up having a meeting before the end of the year, most likely, if we make a deal,' Trump said. "If we don't make a deal, I'm not going to have a meeting.' "It's a 19-hour flight - it's a long flight, but at some point in the not too distant future, I will,' Trump added. A preliminary deal between the US and China is set to expire on Aug. 12. That initial truce eased worries of a tariff war that threatened to choke off bilateral trade between the world's two largest economies and also gave the countries more time to discuss other unresolved issues such as duties tied to fentanyl trafficking. Last week, US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met in Stockholm - the third round of trade talks between the US and Beijing in less than three months. While Chinese officials and the Communist Party's official newspaper had signaled satisfaction with the Stockholm talks, the pact remained fragile. Bessent had said that any agreement to extend the arrangement would be up to Trump. - Bloomberg

China-Malaysia trade and culinary festival strengthens ties
China-Malaysia trade and culinary festival strengthens ties

Borneo Post

time5 hours ago

  • Borneo Post

China-Malaysia trade and culinary festival strengthens ties

(From left to right): Liew Hongzhi, Liew Huichen, Hu Chunqiang, Zhang Wangzhou, Madam Lucy, Liew Cuncai, Xue Fuxiang, Qu Zongkuan, Datuk Frankie Liew, Ma Anmin, Zhao Ning, Bai Jie at the launching of China (Linyi) – Malaysia (Kuching) International Buyers Trade Matchmaking Conference and the China-Malaysia Culinary and Cultural Festival. KOTA KINABALU (Aug 5): The China (Linyi) – Malaysia (Kuching) International Buyers Trade Matchmaking Conference and the China-Malaysia Culinary and Cultural Festival were successfully held at the Linyi Fulaiteng International Mall in Qingdao, China on July 29. The event was officially launched by Sabah China Chamber of Commerce President Datuk Frankie Liew, Qu Zongkuan, Committee Member of the Party Working Committee and Deputy Director of the Linyi Commercial City Management Committee, Madam Lucy, Chairperson of Copial Marting Sdn Bhd (Malaysia), and Hu Chunqiang, Chairman of Linyi Yuanyun Import and Export Co., Ltd. The trade matchmaking conference featured precise business pairing, attracting over 120 quality enterprises from Linyi and 50 reputable Malaysian buyers, effectively creating a high-efficiency bridge for both sides to explore the international market. The concurrently held China-Malaysia Culinary and Cultural Festival became a highlight of the event. Local Linyi delicacies were showcased alongside Sarawak-style Malaysian cuisine. Culinary demonstrations and tasting sessions drew large crowds. Chefs from both regions performed live, allowing the public to experience authentic foreign flavors and deepening mutual understanding and appreciation of Chinese and Malaysian culinary cultures. With the theme 'Connecting Business Opportunities, Linking Taste Buds', the event significantly boosted economic and cultural exchanges between Linyi and Sarawak, Malaysia, injecting new vitality into multi-sector cooperation between the two regions.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store