Romelda Ascutia
ACMECS nations agree on masterplan, funding for group connectivity
Countries of the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) have endorsed the Bangkok Declaration and the ACMECS 5-year Master Plan 2019-2023, and are looking...
China hits back with additional tariffs on $50B worth of US...
The Chinese government plans to impose additional duties of 25% on almost 700 American products, which have an estimated value of about US$50 billion,...
Global growth forecast at 3.2% in 2018 amid heightened risks
The world economy is expected to grow 3.2%, but the prospect of trade disruptions could elevate recession risk, according to independent business membership and...
China to cut import tariffs for 1,449 consumer goods by July...
The Chinese government will slash most-favored-nation (MFN) tariffs for 1,449 taxable daily consumer goods starting July 1, reducing the average tariff rate from the...
ASEAN urged to respond swiftly to challenges of Fourth Industrial Revolution
The advent of the Fourth Industrial Revolution (4IR) has presented new realities that ASEAN must respond to speedily if it is to fast-track economic...
Indonesia to continue solid investment-led growth
The outlook for Indonesia’s economy continues to be positive for the rest of the year, with GDP growth projected to reach 5.2% in 2018...
SG first ASEAN member to sign AEO mutual recognition accord with...
Australia and Singapore have forged a mutual recognition arrangement (MRA) of Authorized Economic Operator (AEO) programs, allowing low-risk companies from both sides to enjoy...
ASEAN meet underscores steps toward trade cooperation, facilitation
Member states of the Association of Southeast Asian Nations (ASEAN) plan to further lower trade barriers and intensify their economic ties, while reducing business...
ASEAN develops new common requirements for biological products
The ASEAN Coordinating Committee on Standards and Quality Pharmaceutical Products Working Group (PPWG) have agreed on two sets of new ASEAN Common Technical Requirements...
ASEAN, Turkey launch formal partnership, discuss cooperation areas
The Association of Southeast Asian Nations (ASEAN) and Turkey marked the launch of their formal partnership with the convening on May 30 of the...