Tuesday, March 19, 2024
Authors Posts by Romelda Ascutia

Romelda Ascutia

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Clogged supply chains won’t dampen trade in 2022, ING forecasts

World trade normalizes and continues to grow despite challengesAsia to remain a driving force in 2022Supply chain slump and elevated rates will...

Vaccines, metals spur robust intermediate goods exports—WTO

Export growth of intermediate goods was between 20% and 45% year-on-year, with a world average of 27%The product category "Other industrial supplies"...

Transport services trade up 45% on surging freight rates—WTO

Global commercial services trade grew 25% year-on-year in the third quarter of 2021, driven mainly by transport and digitally deliverable servicesBut the...

PH electronics exports seen to grow 10% this year

The generally optimistic outlook is based on local and global trends and conditionsGrowth hinges on a number of factors, one of which...

Thai exports up 17.1% in 2021

Thailand's exports rose by 24.2% year-on-year in December 2021Export growth for full-year 2021 is 17.1%, the highest in 11 yearsExports this year...

Global FDI up 77% to $1.65T in 2021—UNCTAD

FDI flows were up 77% to an estimated US$1.65 trillion last year from $929 billion in 2020Developed economies saw FDI of $777...

Vietnam, Malaysia recovery to accelerate in 2022—World Bank

Vietnamese economic recovery is likely to accelerate in 2022, with GDP growing by 5.5% from 2.6% in the year just endedThe Malaysian...

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...