Saturday, December 5, 2020
Tags COVID-19

Tag: COVID-19

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...

COVID-19 has changed shopping behavior for good, survey finds

The COVID-19 pandemic is accelerating the shift towards a more digital world and permanently changing shopping behavior, a recent online consumer survey...

Q2 world goods trade dives in volume, value amid lockdown

Strict COVID-19 containment measures imposed by economies around the world throughout the second quarter caused merchandise trade volumes to decline by 14.3%...

COVID-19 crisis raising trade costs—WTO report

The World Trade Organization (WTO) in a new report is warning of possible increases to trade costs due to responses, policies, and...

71% of new trade related measures imposed linked to pandemic—WTO report

About 363 new trade and trade-related measures were implemented by countries worldwide from mid-October 2019 to mid-May 2020, of which 71% were...

Asia to see slow, partial recovery in 2021—IMF forecast

Asia’s gross domestic product (GDP) is expected to contract for the first time in recent memory by 1.6% in 2020, a further...

WTO goods barometer flashes red as COVID-19 disrupts world trade

The volume of world merchandise trade is likely to fall precipitously in the first half of 2020 as the COVID-19 pandemic disrupts...

PH eyes tariffs to boost COVID war chest

The Philippine government is considering imposing tariff on certain import goods to raise revenues amid the coronavirus (COVID-19) pandemic, according to Trade...