Import and Export News-2024-08-22- Waymore Tools

Today's news:

1. According to a report released by the Korea Economic Association on August 19, the growth rate of South Korea's exports in the past 10 years has not been as high as that of mainland China and Taiwan. Additionally, the exports of electronic products and automobiles, which are the main export items, have also been surpassed by these two regions.

2. A report by market research firm Canalys indicates that in the second quarter, the African smartphone market grew slightly, with a 6% year-on-year increase, reaching 17.8 million units.

3. The WTO Safeguard Committee has released a notification of safeguard measures submitted by the Indonesian delegation. The Indonesian Ministry of Finance published Order No. 49 of 2024 in its official gazette, which continues to impose a three-year safeguard tax on imported carpets and other floor coverings made of textile materials. These safeguard measures do not apply to Taiwan, China, the Hong Kong Special Administrative Region of China, or the Macao Special Administrative Region of China.

4. The Ministry of Trade, Industry and Energy of South Korea announced on the 20th that the fourth round of negotiations on the free trade agreement between South Korea and Malaysia will begin in Kuala Lumpur on the same day, lasting four days. This is the first time the two countries have resumed negotiations since the third round in September 2019. The scope of negotiations will be expanded from the original focus on commodities to include services, investment, digital trade, environmental protection, biology, and other fields, aiming to sign a comprehensive free trade agreement that covers market access and new economic and trade rules.

5. The National Bank of Cambodia announced on the 19th the launch of a new generation mobile payment system to provide safer and more convenient cashless payment services for international tourists visiting the country. This initiative aims to promote the use of Cambodia's national currency, the Riel, and support the development of local tourism.

6. Egyptian government sources stated on the 19th that as Egypt gradually cancels subsidies, in line with the agreement with the International Monetary Fund, household electricity prices will increase by up to 50%.

7. According to Bloomberg on the 20th, the European Union has approved a 5 billion euro German subsidy for TSMC's plan to collaborate with Infineon, NXP Semiconductors, and Bosch to build a chip factory in eastern Germany.

8. According to Gamma Data, in July, the overall traffic of AI products totaled more than 5 billion, a decrease of 7.87% month-on-month. Chat assistant products accounted for 57.74% of the traffic, with 2.4 billion visits. However, this represents a decline of more than 15% from the previous month.

Support Links

If you find the project helpful, please consider buying me a coffee:

Today’s exchange rate:

Today's Insights: Prioritize Happiness, and Everything Else Will Follow

First You Have to Be Happy, and Everything Else Comes Second
1. Let Go of Some Things
2. Live a Steaming Life and Make Your Mood Comfortable
3. Open a Door for Happiness and Often Invite It to Sit Down

First You Have to Be Happy, and Everything Else Comes Second

In life, happiness should be your primary focus, with everything else following. Only when you prioritize your happiness can you fully appreciate and handle all other aspects of life.

1. Let Go of Some Things

Start with a brisk pace. In life, we will inevitably encounter unpleasant situations, and it is often difficult to move on without looking back. These things that we struggle to let go of can make us emotionally unstable, annoyed, or full of self-blame.

In life, you can only gain something if you give up something; letting go is the first step towards gain. Let go of past regrets and free your hands to welcome new opportunities. Release yourself from past entanglements—whether they were successes or failures—they are now in the past. Only by letting go can you embrace a brighter future.

If you want to welcome tomorrow's new gifts, you must first empty yesterday's backpack. Learn to let go at the right time, and you'll find greater happiness.

2. Live a Steaming Life and Make Your Mood Comfortable

Happiness often comes from the small, trivial, and ordinary things in life. It is scattered in every corner, waiting to be felt and discovered.

It could be the sight of newly bloomed flowers in your potted plants, the colorful clouds outside your window, a warm greeting from a neighbor, or the aroma from a newly opened restaurant nearby. With a curious heart, observe, feel, and enjoy life each day. You'll soon realize that happiness is all around you. Seize every moment you cherish, experience happiness fully, and live a vibrant, steaming life to feel more at ease.

3. Open a Door for Happiness and Often Invite It to Sit Down

Happiness is sometimes very simple—a single sentence can be enough. Other times, it requires us to carve out time from our busy lives to fully appreciate the beauty around us.

What you believe in is what you will see and encounter. Whether or not a person can live happily often depends on having a positive and optimistic outlook. A negative mindset tends to lead to feelings of depression and disappointment, while a positive attitude makes it easier to attract good changes and turnarounds.

As the saying goes, "No matter how sad you are, life goes on, and the world remains unchanged. So why not talk, laugh, run, and jump?" So, wave goodbye to sadness, open a door for happiness, and often invite it to sit with you. Remember, you must be happy first, and everything else will follow.