Romelda Ascutia
SG is third to ratify new trans-Pacific pact
Singapore ratified on July 19, 2018 the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), becoming the third nation to do so after Mexico...
Developing Asia to keep strong economic performance as trade tensions mount—IMF
Amid powerful crosswinds that have rocked the economic world in recent months, Emerging and Developing Asia is expected to maintain its robust performance, growing...
China, EU affirm support for multilateralism, free trade
The European Union (EU) and China on July 16 agreed to jointly work to safeguard the rules-based international order, promote multilateralism, and support free...
Thai study assesses 168 countries’ import potentials to refocus export strategy
The Thai government is preparing to revise its export plans and targets based on a set of indexes of the import potentials of 168...
China Customs launches upgraded online declaration and payment system
Since this July, China Customs has been applying nationwide what it said is a "new-generation" online payment system for duties and fees that enables...
Vietnam climbs to 45th, named among innovation achievers of 2018
Rising Southeast Asian economy Vietnam improved its position in the Global Innovation Index (GII) this year, ranking 45th among 126 economies in the world,...
WCO publishes global standards on e-commerce
The World Customs Organization (WCO) has published the guiding principles for cross-border e-commerce aimed at developing common standards and tools for customs clearance and...
Malaysia halts construction of mega railway link
The Malaysian government has put on hold the construction of the East Coast Railway Link (ECRL), the country’s biggest rail project to date, as...
Malaysia to grow 5.4% on export growth, strong fundamentals
The economy of Malaysia is expected to grow at a strong rate of 5.4% in 2018, underpinned by sound macroeconomic fundamentals, including increases in...
China activates own tariffs after US levies take effect
Beijing levied countermeasure tariffs on select U.S. imports at 12:01 p.m., Beijing time, on July 6, 2018 in response to the new U.S. tariffs,...
