Wednesday, July 2, 2025
Authors Posts by Liza Almonte

Liza Almonte

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WCO Council backs enhanced Harmonized System framework

The World Customs Organization Council has formally endorsed the  enhanced Harmonized System Framework project The WCO Council is the governing body of the...

Global goods trade starts 2025 strong with imports surge in Q1

Importers frontloading purchases ahead of anticipated higher tariffs spurred  global goods trade to post a strong uptick in early 2025, according to the...

Global trade to hit $33T in 2024 amid challenges for developing...

• Global trade is expected to reach a record $33 trillion in 2024, driven by a 7% rise in services trade, though geopolitical risks...

UNCTAD wants ‘rethink’ of strategies to arrest global slowdown

The UN Trade and Development is urging a fundamental rethinking of global development strategies This is amid slow growth, high debt, and...

WTO publication highlights trade’s role in narrowing income gap

The WTO World Trade Report 2024 highlighted trade's role in narrowing  the income gap  The report also revealed challenges, noting many economies with...

Singapore to adopt tighter customs rules

Effective September 1, transport service stakeholders handling cargo at Singapore Port face greater operational challenges as they have to comply with a new...

Global trade in goods and services turns positive in Q1 2024

UNCTAD said global trade in goods and services turned positive in Q1 2024 The value of trade in goods increased by around 1%...

UN supply chain forum calls for resilience to address world trade...

UNCTAD urges resilience, sustainable global supply chains to address climate change, geopolitical tensions Need to decarbonize global shipping has become critical Small island...

Lower economic growth seen this year due to trade disruption, falling...

UNCTAD warns failing investments, subdued global trade to cause further economic deceleration this year Interest rate cuts may improve fiscal outlook for governments,...

Trade growth likely in 2024 despite challenges —  WTO

Expect a gradual recovery in world merchandise trade this year and next year, according to the World Trade Organization Merchandise trade is seen...