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Infrastructure Africa Unveils Projects Dealroom to Boost Continental Development

Africa, Infrastructure Development, News

June 5, 2024

Infrastructure Africa, the leading business event dedicated to infrastructure development on the continent, has unveiled the Projects Dealroom. This innovative platform is designed to accelerate investment in African infrastructure projects, meeting the continent’s urgent socio-economic needs.   The Projects Dealroom serves as a dynamic marketplace for project developers, investors, financiers, and other key stakeholders to […]

New Zealand Prime Minister Plans Visit to China to Bolster Trade Relations

China, New Zealand, News, Trade Relations

March 18, 2024

In a bid to strengthen trade ties, New Zealand’s Prime Minister, Christopher Luxon, intends to embark on a visit to China in the near future, following discussions with China’s Foreign Minister, Wang Yi, during his recent visit to New Zealand.   Luxon, accompanied by Foreign Minister Winston Peters and Trade Minister Todd McClay, held discussions […]

Australian Business Delegates to Engage with Chinese Foreign Minister on Trade Relations

Australia, News, Trade Relations

March 18, 2024

In a bid to foster deeper insights into trade dynamics, Australian business leaders are gearing up to engage in discussions with China’s Foreign Minister during his visit to Canberra. Organized by the Australia China Business Council (ACBC), the meeting aims to bridge the gap in understanding between Australian businesses and their largest trading partner.   […]

Korean Shipbuilders Poised to Benefit Amidst US-China Trade Tensions

China, Global Trade, News, United States

March 17, 2024

Industry analysts suggest that Korean shipbuilders are set to capitalize on the latest developments in the ongoing strategic competition between the United States and China, presenting an opportunity for increased market share on a global scale.   Following a positive response from the Joe Biden administration to a petition filed by five U.S. unions urging […]

China-Australia Diplomatic Talks Signal Potential Breakthrough in Trade Relations

Australia, China, News, Trade Relations

March 15, 2024

In a significant development for trade relations between China and Australia, Prime Minister Anthony Albanese has announced plans to discuss the removal of Chinese tariffs on Australian wine during an upcoming meeting with China’s Foreign Minister Wang Yi. The meeting is scheduled to take place in Canberra next week.   Albanese’s proactive approach underscores the […]

E-commerce Negotiations Reach Milestone Towards Agreement

Global Trade, News

March 14, 2024

Representatives from various countries participating in the joint initiative on e-commerce at the WTO have reached an important milestone in negotiations, as indicated by the recent progress made during the second round of talks held from 11 to 14 March.   Jeremy Green, Deputy Permanent Representative to the WTO, speaking on behalf of Ambassador James […]

Indonesia’s February Trade Surplus Widened

Economic Indicators, Indonesia, News

March 14, 2024

As February came to a close, forecasts indicated that Indonesia’s trade surplus had expanded slightly, bolstered by a moderated decline in exports and a surge in imports in anticipation of Ramadan, according to a Reuters poll conducted from March 7-14.   Insights from 20 economists projected a trade surplus of $2.32 billion for February, up […]

Korea Sees Export Growth Spur Job Creation with 330,000 New Positions in February

Economic Development, News

March 13, 2024

Korea experienced a significant boost in employment in February, adding nearly 330,000 new jobs, largely driven by increased opportunities for senior workers and expansion in the manufacturing sector amidst a rise in exports.   According to data released by Statistics Korea on Wednesday, the country recorded a total of 28.04 million employed individuals, marking a […]

Rice Imports Surge 84.5% with Vietnam as Top Supplier

News, Vietnam

March 12, 2024

The Philippines has experienced a significant increase in rice imports during the first two months of 2024, according to data from the Department of Agriculture’s Bureau of Plant Industry (BPI).   Rice imports for January and February totaled 728,254.49 metric tons (MT), representing an 84.57 percent surge compared to the same period last year when […]

Thailand Positioned for Growth Amid Semiconductor Production Shift

Economic Development, News, Thailand

March 12, 2024

In a recent statement, US Commerce Secretary Gina Raimondo emphasized Thailand’s potential to benefit significantly from the United States’ strategic move to diversify semiconductor production. Raimondo highlighted the readiness of American firms to amplify investments in the Southeast Asian nation, foreseeing promising prospects ahead.   The electrical and electronics industry stands as a pivotal sector […]

EU’s €137 Billion Boost Signals Economic Revival for Poland

Economic Development, Europe, News, Poland

March 12, 2024

In a significant development, Polish Prime Minister Donald Tusk has successfully secured funds worth up to €137 billion from the European Union, marking a pivotal moment for Poland’s economic trajectory. This infusion of funds signifies the end of years-long tensions with Brussels over democratic standards, heralding a new era of economic growth for Central Europe’s […]

Germany’s Support Crucial for PH-EU Free Trade Talks

E-commerce Development, Europe, News, Philippines

March 12, 2024

President Ferdinand ”Bongbong” Marcos Jr. highlighted the pivotal role of Germany’s support as negotiations for a free trade agreement between the Philippines and the European Union prepare to resume.   ”Germany’s support is vital to the country’s reapplication to the EU’s Generalised Scheme of Preferences Plus (GSP+) and for the resumption of negotiations for a […]

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