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Thailand’s newly proposed National Energy Plan (NEP) lowered the on-road biofuel consumption target to reflect the lower mandated blend rate for biodiesel and set a target for Sustainable Aviation Fuel (SAF) from 2026.

In 2023, the Hong Kong economy grew 3.2 percent year-on-year, slower than the government’s economic forecast. The economy has not fully returned to pre-pandemic levels due to weak domestic consumption and lagging challenges in the import and export trade.

Rice export prices further dropped 1-3 percent due to the weakening of the Thai baht.

This report is an overview and update of Thailand’s import regulations and standards for food and agricultural imports. For more information on Thailand’s certification requirements, see the FAIRS Export Certificate Report for Thailand.

In 2023, Hong Kong was the tenth export market for U.S. pet food. Pet owners in Hong Kong value U.S. pet food for its high safety and quality and have confidence in U.S. origin and branding.

Rice export prices further dropped 1-2 percent despite the strengthening of the Thai baht.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: New York Wines Uncork Potential in Hong Kong; Over One Million Hong Kong Cross-border Trips Over Festival Weekend; InvestHK's Seminar Tells Foreign Investors About F&B Opportunities In GBA Via Hong Kong; Hong Kong To Consider More High-speed Sleeper Trains to Beijing, Shanghai...

Rice export prices further dropped one percent due to the weakening of the Thai baht.

A batch of U.S. frozen confectionary was almost rejected at Hong Kong’s port of entry due to an erroneously formatted health certificate.

Rice export prices dropped one percent due to the weakening of the Thai baht.

Rice export prices increased one percent due to the strengthening of the Thai baht.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: U.S. Vinters Develop Asian Markets In Earnest; Hong Kong’s First Quarter GDP Expands 2.7 Percent; Unemployment Rate Stays at 3 Percent; Expanded Hong Kong Solo Travel Scheme Will Bring Extra Tourists; Macau’s Economic Output Expected to Return to Pre-Pandemic Levels in 2025...