Liza Almonte
UNCTAD, WCO sign pact boosting customs modernization
New agreement signed by UNCTAD and the World Customs Organization seeks to boost customs modernization by enabling interoperability of their trade facilitation systems
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WTO sees 2023 trade slowing sharply amid headwinds
World merchandise trade growth in 2022 revised up to 3.5% from 3.0% forecast in April
Growth is, however, seen slowing in 2H 2022...
UNCTAD warns of policy-induced global recession
Developed economies’ monetary and fiscal policy moves risk pushing the world towards global recession and prolonged stagnation, UNCTAD warns
With global growth forecast...
WB lowers growth forecast for Asia due to China slowdown
Growth forecast for China cut sharply to 2.8% this year, rising to 4.5% in 2023
Vietnam, with forecast growth of 7.2% this year,...
Singapore’s Aug industrial output inches up 0.5%
Continuing weak demand for electronics, which make up 40% of Singapore’s industrial production, drags local manufacturing to its...
ADB downgrades growth forecast for developing Asia to 4.3% in 2022
Asian Development Bank downgrades growth forecast for developing Asia and the Pacific to 4.3% in 2022 from the previous 5.2% forecast, according...
RCEP role in ASEAN post-pandemic revival seen
ASEAN ministers say RCEP free trade pact could help the regional group’s post-COVID-19 recovery efforts, as they note the ASEAN economy grew...
Vietnam defies Asia’s slowing but challenges loom: IMF
Living-with-COVID strategy and supportive policies, along with strong manufacturing output and a retail and tourism rebound, help Vietnam buck Asian weakening trendBut...
WTO goods trade barometer flags idling global trade growth
Merchandise trade growth continued in Q1 2022, but at a slower pace than in first quarterThe latest WTO Goods Trade Barometer was...
Indonesian economy grows 5.4% in Q2, beating forecasts
Second-quarter GDP surprises with 5.44% y-o-y growth, as Indonesia gains from high global commodity prices and strong consumer...