AEC Feed

Industry insiders are concerned the Vietnamese cement industry will find it hard to meet the target of selling 75 million to 77 million tonnes of cement this year.
The target is up 3.2-6 per cent against last year.
To meet the target, the industry has to sell at least 20 million tonnes in the final quarter of the year, or 7 million tonnes per month.
Vietnam Cement Association chairman Nguyen Quang Cung said it would be hard to meet the target as sales of the product in the domestic market this year rose insignificantly while exports decreased.
Representatives from a cement-production company who declined to be named said sales of cement currently faced many difficulties, explaining that domestic supply was exceeding demand. – Viet Nam News

Passenger traffic at Changi rises
Changi Airport in Singapore handled 4.58 million passenger movements in September, a 3.7-per-cent year-on-year increase.
Aircraft movements grew by 3 per cent to 29,330 landings and takeoffs, while cargo shipments rose 7.8 per cent to 167,100 tonnes compared with the same period last year. In the first nine months of the year, 43.5 million passengers travelled through the airport. This is 6.2 per cent more than during the same period a year ago, Changi Airport Group said yesterday.
Aircraft movements during the same nine months increased by 4.2 per cent to 268,190. All of Changi’s top 10 source markets achieved positive growth year-to-date, with Indonesia, Malaysia and China taking the top three spots.
Jakarta continued to be Changi Airport’s busiest route for the same period, |followed closely by Bangkok and Kuala Lumpur. – The Straits Times

Indonesia, Malaysia eye trade beyond palm oil, petroleum
Indonesia and Malaysia expect to see an increasing volume of goods other than palm oil and petroleum products flowing between the two nations as they try to reverse the declining trend in bilateral exports and imports.
Malaysian International Trade and Industry Minister Mustapa Mohamed said a lot more could be done to boost trade between the two neighbouring countries, despite the current global economic crisis.
“There hasn’t been much diversification in the pattern of trade between Malaysia and Indonesia. The volume of trade doesn’t reflect the true potentials of our economies,” he said during a business forum attended by businesspeople from both countries in Kuala Lumpur last Thursday.
Total exports and imports between the countries showed a declining trend in the past five years from US$17.8 billion in 2011 to $15.1 billion last year, with a |surplus for Indonesia of $157.3 million, according to data from the Geneva-based International Trade Centre. – The Jakarta Post

PeaceSoft teams with Haspro in Web commerce
PeaceSoft and Malaysia’s Haspro Holding have started investing in an online shopping website known as weshop.co.id, hoping to increase opportunities for cross-border shopping. 
It is claimed that this website helps customers buy products that are 70 per cent cheaper than if they bought them directly. Customers are also allowed to order products not sold on the website by providing any website address that is selling the products.
On behalf of these websites, WeShop will sell and transport the products to buyers, using its logistics network across six countries in Southeast Asia and the US. 
WeShop was established in Singapore and is currently doing business in Indonesia, Malaysia, Singapore and Philippines, as well as Thailand, the United States and Vietnam. – Viet Nam News