Tuesday, April 7, 2020
Authors Posts by Romelda Ascutia

Romelda Ascutia

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WTO services trade index falls further as COVID-19 hurts world economy

World services trade growth continued to weaken toward the end of 2019 and into the first quarter of 2020, with passenger air...

ICC publishes action guidance for business on tackling COVID-19

The International Chamber of Commerce (ICC) has released free-to-download guidance on a raft of actions that businesses can take to reduce the...

WEF platform for joint global business action on COVID-19 launched

The World Economic Forum (WEF) announced on March 11 the launch of COVID Action Platform, a platform for the global business community...

VN’s e-commerce market seen to surpass $17B in 3 years

The Vietnamese e-commerce market is projected to grow to almost VND400 trillion (US$17.3 billion) in 2023, propelled by rising Internet and smartphone...

China slowdown, COVID-19 have caused $50B decline in global exports—UNCTAD

The slowdown of manufacturing in China due to the coronavirus (COVID-19) outbreak is disrupting world trade and could result in a US$50...

China PMI falls to record low over coronavirus but confidence in...

Production, new work and staffing levels in China all fell at the quickest rates in February as the coronavirus outbreak weighed heavily...

ASEAN manufacturing conditions improve for first time in months

The operating environment for ASEAN manufacturers improved for the first time since May last year during February amid the fastest increase in...

Malaysia announces $4.7B economic stimulus package

Malaysia’s interim Prime Minister Mahathir Mohamad has announced an economic stimulus package worth RM20 billion (US$4.7 billion) to cushion the impact of...

PwC survey shows record level of pessimism among CEOs

More than half of CEOs believe that the rate of global growth will decline in 2020, with uncertainty fueling this record level...

Global economic players feeling long reach of coronavirus—WEF

The coronavirus (COVID-19) outbreak has potentially serious implications for the global economy as the contours of its vast economic toll starts to...