Liza Almonte
Trade policy uncertainty looms over global markets – UNCTAD
Trade policy uncertainty has become a major source of global instability, according to the UN Trade & Development global trade update for Sept...
Global cargo supply chain heavily infiltrated by illicit drugs – WCO
The global cargo supply chain has been heavily infiltrated by illegal drugs, according to a recent World Customs Organization report
Over two-thirds of...
WCO releases updated data model for more harmonized customs procedures
The World Customs Organization recently released the WCO Data Model Version 4.2.0
The latest version has two critical data sets: Customs Bonds and...
Global trade grows by $300B in first half of 2025
Global trade in goods and services expanded by about $300 billion in the first half of 2025 despite a slower pace of growth,...
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...
