The huge trade potential of the Northern Rivers region will be the focus of the latest NSW Government ASEAN Market Update for NSW Businesses series being held in the Tweed today.<\/p>\n\n\n\n
The updates provide local businesses with information about trends and export opportunities across Southeast Asian markets.<\/p>\n\n\n\n
Southeast Asia is the fastest growing region in the world, expected to become the world\u2019s fourth largest economy by 2040, and NSW is uniquely positioned to grow with the region.<\/p>\n\n\n\n
Southeast Asia is NSW\u2019s second-largest trading partner, with two-way trade in goods growing by more than nine per cent in the past year. Continued rapid growth is expected in sectors where NSW businesses excel, such as food and beverages, health, and the digital economy.<\/p>\n\n\n\n
Today\u2019s session will bring together around 50 participants, including local businesses and industry groups at Husk Farm Distillery in North Tumbulgum.<\/p>\n\n\n\n
Husk Farm Distillery has made hand-crafted rum in the region since 2012 and is an experienced exporter to Southeast Asia, having benefitted from NSW Government support, particularly in the Indonesian market.<\/p>\n\n\n\n
Speakers at the forum include Southeast export experts, and NSW exporters, who have already utilised Investment NSW\u2019s support services to build connections and drive export sales across the region.<\/p>\n\n\n\n
The ASEAN Market Updates series is supported by other initiatives led by Investment NSW to help small and medium businesses pursue international growth objectives in Southeast Asia and other important export markets around the globe.<\/p>\n\n\n\n
In 2024\/25, these included supporting cleantech companies to export to Malaysia and Singapore, and wine to be exported to Vietnam.<\/p>\n\n\n\n
The ASEAN Market Updates series began with sessions in Western Sydney last October, and Wollongong earlier this year, with more locations to come.<\/p>\n\n\n\n
For more information on how the NSW Government supports businesses to export, visit Investment NSW: https:\/\/www.investment.nsw.gov.au\/export\/<\/a><\/p>\n\n\n\n NSW Minister for Industry and Trade Anoulack Chanthivong said:<\/strong><\/p>\n\n\n\n \u201cExporting is crucial for the growth and resilience of NSW businesses.<\/p>\n\n\n\n \u201cHigher exports lead to higher wages and more employment, driving long-term prosperity across our state.<\/p>\n\n\n\n \u201cSoutheast Asia is entering a golden age.<\/p>\n\n\n\n \u201cIt is the fastest growing region in the world, with strong potential for NSW exporters in sectors like agrifood, life sciences, healthcare, and technology.<\/p>\n\n\n\n \u201cMy ASEAN Market Updates series is all about helping businesses to crack new markets and accelerate their exports with Southeast Asia, where our two-way trade is worth $33.6 billion and is continuing to grow.<\/p>\n\n\n\n \u201cToday\u2019s session in the Tweed follows previous market update sessions in Western Sydney and Wollongong with more locations to come.\u201d<\/p>\n\n\n\n Minister for Small Business and Minister for the North Coast Janelle Saffin said:<\/strong><\/p>\n\n\n\n \u201cBusinesses in Northern NSW are doing some incredible things and it is wonderful to be able to support them to expand their reach across the world.<\/p>\n\n\n\n \u201cI have a long-standing interest and engagement with our ASEAN neighbours, as does our Northern NSW region, but there remains enormous potential for our small businesses to take those relationships to the next level.\u201d<\/p>\n\n\n\n Parliamentary Secretary for Trade and Small Business and Duty MLC for Tweed the Hon Emily Suvaal MLC said:<\/strong><\/p>\n\n\n\n \u201cThe Tweed is home to so many innovative businesses with vast export potential, and Southeast Asia presents a golden opportunity for growth.<\/p>\n\n\n\n \u201cThe NSW Government is here to support local businesses every step of the way to ensure they can compete and thrive on the world stage.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" The huge trade potential of the Northern Rivers region will be the focus of the latest NSW Government ASEAN Market Update for NSW Businesses series being held in the Tweed today. The updates provide local businesses with information about trends and export opportunities across Southeast Asian markets. Southeast Asia is the fastest growing region in … Continue reading “Minns Labor Government backing Northern Rivers\u2019 businesses going for growth in the Southeast Asian market”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33925","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/33925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=33925"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/33925\/revisions"}],"predecessor-version":[{"id":33926,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/33925\/revisions\/33926"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=33925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=33925"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=33925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}