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Showing posts from September, 2019

Nigeria has entered the AFCFTA African free trade agreement, increasing its market size

Africa’s largest economy, Nigeria, signed the Africa Continental Free Trade Agreement (AFCFTA) this year in July to boost intra-Africa trade. AFCFTA aims to remove trade barriers and bring together the 54 members of the African Union (AU), to trigger industrialization and create employment opportunities in a single market of one billion people. The United Nations Economic Commission for Africa (UNECA) predicted that this could boost the intra-African trade by 52% by 2022. Will Nigeria’s entry into the AFCFTA African free trade agreement trigger a tipping point towards growth? Read more :  https://www.spireresearch.com/newsroom/spirethoughts/nigeria-has-entered-the-afcfta-african-free-trade-agreement-increasing-its-market-size/

Medical and healthcare products introduced into Malaysian market from Taiwan

On 4 September, Spire Malaysia participated at WOW! Taiwan’s business matching event on behalf of CDRI (Commerce Development Research Institute) Taiwan to promote healthcare products in the Malaysian market at Bangsar, Kuala Lumpur. With the support of the Bureau of Foreign Trade (BOFT) of Taiwan, 17 Taiwanese companies planning to expand their business into Malaysia were present. The event raised the profile of high-quality Taiwanese brands to Malaysian businesses in the medical and healthcare sector. I-health was the featured topic this year, with five categories, namely assistive devices, leisure/sport, healthy food, physiologic monitoring and medicine. More than 30 Malaysian companies participated with over 50 Business-To-Business matchings, technology briefings and media interactions. Apart from this, two public agencies, Seventyfive Creative Sdn. Bhd., and BSI Group Malaysia were there to provide professional advice. Moreover, the presence of Director Hsu Da Wei