Liza Almonte
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...
