Romelda Ascutia
IMF: economic factors, not tariffs, fuel trade balances
Research from the International
Monetary Fund (IMF) shows that bilateral trade balances are affected largely by
macroeconomic factors, and less by tariffs.
71% of non-online PH merchants plan to start e-commerce—survey
Exporters who do not have online presence have expressed plans to do so, with the overwhelming majority of firms calling for faster...
US imposes over 450% duty on Vietnam steel
The United States has levied hefty
tariffs of over 450% on certain steel products imported from Vietnam that are
alleged to have originated...
DHL trade index points to mild contraction in 3Q
World trade is expected to decline in the next three months, although mildly, continuing a downward trend recorded for several quarters since...
WB: Vietnam growth to slow down in 2019-21
Vietnam’s outlook remains positive even
as its growth momentum has moderated since the beginning of the year, according
to the World Bank’s (WB) bi-annual...
Cambodia launches National Single Window
Cambodia has launched its National Single Window (NSW) aimed at facilitating import and export activities.
Inaugurated by...
Vietnam, EU sign free trade, investment accords
The European Union (EU) and
Vietnam have inked a trade deal that underscores the two sides’ commitment to free
trade and economic cooperation in...
ASEAN manufacturing index falls as operating conditions worsen
Manufacturing conditions in the Association of Southeast Asian Nations (ASEAN) deteriorated in June 2019 as employment fell at its quickest pace in...
China’s new negative list eases FDI restrictions in more industries
Mainland China has rolled out its revised negative lists for foreign direct investments (FDIs), the new lists allowing greater market access and...
Robots to displace 20M manufacturing jobs by 2030—think tank
Up to 20 million manufacturing jobs—or 8.5% of the global manufacturing workforce—could be displaced by industrial robots by 2030 as the usage...
