Romelda Ascutia
China’s economy expands 8.1% in 2021 but shows slowing momentum
China recorded an economic growth of 8.1% for 2021, higher than expectedThe 4.0% expansion in the fourth quarter is lower than the...
Global economic growth to slow sharply in 2022-23: World Bank
The rapid spread of the Omicron variant indicates that the pandemic will likely continue to disrupt economic activity in the near termA...
Belt and Road Initiative in Asia targets China-SEA connectivity
One of the goals of the Silk Road Economic Belt is to connect China with Southeast Asia and the Indian OceanThe largest...
ASEAN mfg output quickens to near record rate in Dec
ASEAN output growth accelerates to near record paceFurther solid uplift in new workFive of seven ASEAN nations report improvement while two saw...
US allows import of Vietnamese pomelos
US authorities will allow Vietnamese pomelos to enter the US market in 60 daysThe US will also consider opening the door to...
S Korean exports hit record $644.5B in 2021
Exports surged 25.8% year-on-year to reach a fresh yearly high of US$644.54 billion in 2021All of the country's 15 major export items...
China’s economic growth seen to slow in 2022—World Bank
China’s real GDP growth is seen to reach 8.0% in 2021 before moderating to 5.1% in 2022After expanding 12.7% year-on-year in the...
Goods trade values still rising in Q3 but volume dips: WTO
Trade volume fell 0.8% in Q3 after four consecutive quarters of strong expansionTrade value was up 24% year-on-year in Q3, weaker than...
Hong Kong books 13.1% export volume growth in Oct
Total volume of exports of goods and imports of goods increased by 13.1% and 9.1%, respectively, in October 2021 versus the year-ago...
High freight import costs leading to higher price tags for consumers
In the November survey, 93% of respondents reported experiencing supply chain difficulties as against 77% in January and 79% in June In...
