Monday, June 24, 2024
Tags COVID-19

Tag: COVID-19

World Bank cuts global growth forecast to 2.9% this year

Global economy forecast to drop to 29% in 2022 from 5.7% last yearWorld Bank warns prolonged weak growth, high inflation ups stagflation...

Establishments under Alert Level  1 can operate at 100% capacity

Philippine establishments and activities under Alert Level 1 can now operate at full capacityInter-Agency Task Force for the Management of Emerging Infectious...

Omicron wave, Ukraine war hit China manufacturing, services sectors in March

China's Purchasing Managers’ Index fell to 49.5 from 50.2 in February, reflecting impact of current wave of the pandemic and the war...

UNCTAD: Ukraine war hammering global trade and development

Rising food, fuel and fertilizer prices around the world confirm war’s worsening impact, says UNCTAD UNCTAD does not rule out risk of civil...

Globalization, trade show surprising resilience to COVID-19—DHL report

Covid-19 has not caused globalization to collapse, with the DHL Global Connectedness Index declining only modestly in 2020 and on track to...

Supply chain disruption no. 1 challenge for firms this year—report

85% of supply chain executives said disruption is the 'primary strategic challenge' confronting both business and society COVID-19 isn't the top concern...

East Asia drives trade, mfg recovery—UNCTAD

Global trade recovered in the fourth quarter of 2020, reducing overall decline in 2020 to about 9% on strong trade in goods,...

ASEAN commits to seamless flow of essential goods during pandemic

ASEAN member economies have agreed not to impose restrictive trade measures on essential goods and supplies in the region during the pandemicThey...

Services trade logs record 30% decline in Q2

Global services trade plunged to a new record low since its 17% contraction in Q2 2009Declines were recorded across all regions and...

US power in Asia-Pacific waning—report

The United States remains the most powerful country in Asia but its relative power has waned in 2020 due to its handling...