Archive for the ‘International Trade and Economic’ Category

Thailand’s Economy Surges 3% in Q3, Fueled by Strong Exports and Strategic Stimulus Measures

International Trade and Economic, News, Thailand

November 17, 2024

Thailand’s economy exceeded expectations in the third quarter of 2024, with a robust 3% year-on-year growth, driven by a resurgence in exports and strategic government stimulus initiatives. The National Economic and Social Development Council (NESDC) reported this impressive performance, surpassing the 2.4% growth forecast and the 2.2% expansion seen in the previous quarter. Quarterly […]

UK’s Focus on Free Trade and Strengthening EU Ties Vital for Economic Growth

International Trade and Economic, News, United Kingdom

November 14, 2024

The United Kingdom is encouraged to prioritize free trade and work towards strengthening its relationship with the European Union as a key strategy to enhance its economic growth, according to Bank of England Governor Andrew Bailey. In a recent speech, Bailey emphasized the critical importance of maintaining open and accessible trade policies amidst a global […]

Indonesia’s Trade Performance Exceeds Expectations, Strong Export Growth Drives Economic Momentum

Indonesia, International Trade and Economic, News

November 14, 2024

Indonesia has posted impressive trade results for October 2024, showcasing strong growth in both exports and imports, which highlights the resilience of the nation’s trade sector amid global market dynamics. Exports from Indonesia reached $24.41 billion in October, growing by 10.25% year-on-year—significantly surpassing market expectations of a 3.84% increase. This marks the highest export […]

Rhode Island Set to Welcome 300+ Businesses and 35+ Economic Development Agencies as State Plays Host to 2023 Go Global Awards

International Trade and Economic, News, United States

October 31, 2023

Rhode Island Set to Welcome 300+ Businesses and 35+ Economic Development Agencies as State Plays Host to 2023 Go Global Awards

Three-day event set for November 6-8 at the Omni Providence PROVIDENCE, R.I. – Rhode Island Commerce, in partnership with the International Trade Council, is set to welcome hundreds of business and economic development leaders from around the world at next week’s 2023 Go Global Awards. Scheduled for Monday, November 6 – Wednesday, November 8, […]

International Trade Council Report on South Korean Exports

International Trade and Economic, News

October 1, 2023

SEOUL – The latest trade data indicates a deceleration in the decline of South Korean exports in September, marking the most moderate reduction over the past 12 months. This trend may offer insights into global economic dynamics, given South Korea’s significant role in international trade. In September, exports from South Korea, recognized as Asia’s […]

Anticipating Effects of a Possible Government Shutdown on International Trade Activities

International Trade and Economic, News

September 29, 2023

As of September 29, 2023, there’s an impending concern about the U.S. Congress failing to finalize a spending agreement. Companies engaged in international trade are advised to brace for potential disruptions due to a possible Federal government shutdown beginning 12:01 am, October 1, 2023. This would significantly impact international trade practices, including agency closures and […]

The International Trade Council is a global, peak-body, chamber of commerce that supports businesses and governments by providing resources, advocacy, and networking opportunities to promote international trade and foreign direct investment. It serves as a platform for organizations to collaborate, share knowledge, and navigate the complexities of global markets.