Tuesday, August 3, 2021
Authors Posts by Romelda Ascutia

Romelda Ascutia

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S.Korean online shopping hits $14.2B in May

Shopping in cyberspace amounted to about US$14.2 billion in May, up 26% from a year earlierFood delivery services in cyberspace surged 62.2%,...

ASEAN June factory output slides into contraction

Both output and new orders fell for the first time since FebruaryDriving the renewed downturn were contractions across five of the seven...

ASEAN+3 port disruptions impairing export recovery—AMRO

The region’s exports were quick to rebound after stringent containment measures were eased in the first half of 2020 and most had...

Goods trade continues recovery amid growing regional imbalance—WTO

World merchandise trade volume grew 4.3% year-on-year in the first quarter, and a bigger increase is expected in the second quarter due...

FDI in developing Asia grew 4% in 2020 amid global contraction

Developing Asia is the only region to record growth in foreign investment in 2020, accounting for more than half of global inward...

Record-high global food trade in 2021 but prices soaring too

World food import bill in 2021 is expected to reach $1.72 trillion, a 12% increase from its previous high of $1.53 trillion...

SMBs most hurt by rising tide of freight costs: study

Small and medium-sized businesses or SMBs worldwide contribute over 25% of the US$18 trillion maritime tradeWhile every exporter and importer felt some...

B2B recovery to propel express & parcels market growth this year

Global express and parcels market will grow by 8.9% this year, with domestic growth projected at 8.6% and international growth at 10.0%The...

Vietnam, Canada seek to raise annual bilateral trade to $8B

Despite adverse impacts from the COVID-19 pandemic, two-way trade still reached US$5 billion in 2020, up 31% before the CPTPP took effectVietnam...

East Asia to grow 7.7% in 2021 but regional recovery rates...

Region has bounced back from 2020 but speed of recovery will be different among countriesChina is projected to grow 8.5% this year,...