Romelda Ascutia
Seamless cross-border movement of goods launched in ASEAN
ASEAN Customs Transit System (ACTS) is a regional initiative to facilitate cross-border transit movement of goods via land that was launched Nov...
ASEAN mfg conditions further decline in Oct
ASEAN manufacturing sector continued to see a deterioration in operating conditions for the eighth month running in OctoberSustained downturn was due to...
US extends GSP privileges of over 700 Indonesian products
Indonesia keeps import duty privileges of 729 export products under the US Generalized System of Preferences (GSP) programThe US Trade Representative conducted...
FDI flows to developing Asia fall 12% in 1H—report
12% decline in FDI flows to developing Asia is smallest contraction among developing regionsThe lower-than-expected drop in FDI in the region is...
US soya bean exports break records as Chinese buyers return
The first seven weeks of the current US soya bean season “have seen the strongest exports ever.”By October 15, about 11.4 million...
Services trade logs record 30% decline in Q2
Global services trade plunged to a new record low since its 17% contraction in Q2 2009Declines were recorded across all regions and...
World trade makes frail recovery but remains negative—UNCTAD report
Global trade value in 2020 will contract 7%-9% compared to 2019Some East Asian economies bucked the downtrend in Q3 exports, notably Taiwan,...
US power in Asia-Pacific waning—report
The United States remains the most powerful country in Asia but its relative power has waned in 2020 due to its handling...
COVID-19 has changed shopping behavior for good, survey finds
The COVID-19 pandemic is accelerating the shift towards a more digital world and permanently changing shopping behavior, a recent online consumer survey...
WTO launches new import licensing database
The World Trade Organization (WTO) has launched a new import licensing database—a one-stop shop for members and interested parties seeking to access...
