Romelda Ascutia
NTMs in Asia Pacific grew 15% in 2018—new UN report
While tariffs have been decreasing, non-tariff measures (NTMs) have
been increasing significantly in Asia-Pacific, adding to the cost of trade, according
to a new...
HK Aug goods exports dip 7.2%
The volume of Hong Kong's goods exports and imports continued to decline in August, the statistical authority said.
SE Asia’s Internet economy hits $100B
Southeast Asia’s Internet economy has, for the first time, crossed the US$100 billion mark and will have tripled in size by 2025,...
East Asian resilience tested as trade tensions, global uncertainties intensify
Growth in developing East Asia and Pacific economies is projected to decelerate this year through 2021 as downside risks including protracted trade...
ICC issues recommendations on WTO reform
The International Chamber of Commerce
(ICC) has called for reforms in the global trading system and released a “groundbreaking
set of recommendations to guide...
ICC debuts pilot project to digitize ATA Carnet
The
International Chamber of Commerce (ICC) has announced the launch of a pilot
project to digitalize the ATA Carnet, an international customs document allowing
duty-...
HK’s biz activity continues sharp fall but Taiwan’s stabilizes
September
saw Hong Kong's private sector economy remain stuck in a sharp downturn, as both
new order volumes and business activity declined steeply, according...
ASEAN manufacturing PMI signals downturn for fourth straight month
Operating conditions at ASEAN manufacturing firms deteriorated for
the fourth consecutive month in September, according to the IHS Markit
Purchasing Managers’ Index (PMI).
WCO report: Free Zone misuse stems from lax customs control
Free Zones are not only utilized by legitimate actors for legal economic activities, but also occasionally misused for illicit activities, according to...
VN’s digital economy to reach $30B by 2025; e-commerce at forefront
The digital economy in Vietnam is growing rapidly, forecast to reach US$30 billion by 2025 with e-commerce as the fastest developing area, according to the Ministry of Information and Communications.
