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In a bold move to harness collective expertise, the Reserve Bank of Australia (RBA) has announced plans to expand its research department by fostering stronger partnerships with external experts and connecting policymakers with top academic minds.   RBA Deputy Governor Andrew Hauser, in a recent speech reflecting on Australia’s past and future macroeconomic research directions, […]

The Bank of Thailand (BOT) is strategically recalibrating its economic outlook for the latter half of the year, signaling a period of dynamic adjustment and proactive measures to ensure continued national prosperity. This forward-looking approach comes as Thailand navigates a shifting global trade landscape, even as temporary dips in consumer confidence are observed.   A […]

The latest U.S. tariff initiatives are creating fresh opportunities for diplomatic engagement and constructive dialogue across Asia. As the United States strengthens ties with Indo-Pacific nations, these evolving trade policies are encouraging countries in the region to revisit and enhance their economic relationships, fostering a new era of partnership.   Secretary of State Marco Rubio’s […]

July 9, 2025

Lorgilyn Colesio

News, Trade, Vietnam

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In a strategic move to adapt to the shifting global trade environment, Vietnam is set to implement comprehensive measures aimed at enhancing product quality and diversifying its export markets. This initiative comes as nations, particularly within the Association of Southeast Asian Nations (ASEAN), navigate the complexities of evolving trade policies.   Vietnam’s Deputy Trade Minister, […]

As the Association of Southeast Asian Nations (ASEAN) foreign ministers convened their annual meeting, Malaysia played a pivotal role in shaping the discourse around the changing dynamics of global trade. Malaysian Prime Minister Anwar Ibrahim spotlighted a crucial transformation, emphasizing that mechanisms traditionally used to promote growth are now increasingly leveraged for strategic influence and […]

An important market indicator of copper demand in China surged by 38% on Wednesday, reflecting shifting trade flows and heightened buying activity after the United States announced new import tariffs on copper.   The Yangshan copper premium, a gauge of China’s copper import appetite, climbed to $40 per metric ton—up from Tuesday’s 11-month low of […]

The European Union and the United States are intensifying trade negotiations focused on the automotive sector, with discussions covering tariff reduction, import quotas, and a proposed system of export credits designed to support cross-border manufacturing and exports, according to sources familiar with the matter.   The dialogue is part of broader efforts to finalize a […]

Brazil has reaffirmed its dedication to balanced and reciprocal trade relationships following the recent announcement by the United States to implement a 50% tariff on Brazilian exports. In response, President Luiz Inácio Lula da Silva emphasized that Brazil will act in accordance with its Economic Reciprocity Law to ensure fair treatment for its industries and […]

The Philippines is taking proactive steps to further strengthen its trade relationship with the United States by initiating negotiations to revisit recently adjusted tariff rates, according to Philippine Ambassador to Washington, Jose Manuel Romualdez.   This move reflects the country’s ongoing commitment to open dialogue and collaborative economic relations with key global partners. Ambassador Romualdez […]

July 7, 2025

Nina E.

ITC Featured Member

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Innovative Filtrex Techno Engineering India Pvt. Ltd., a proudly Indian company, continues to gain international recognition for its groundbreaking work in industrial filtration, separation, purification, and hydrogen fuel cell technologies. With a mission to redefine process efficiency and sustainability, the company has become a trusted partner for critical industries across the globe. Established in 2020 […]

July 7, 2025

ITC

News

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Innovative Filtrex Techno Engineering India Pvt. Ltd., a pioneering provider of advanced industrial filtration, separation, purification, and hydrogen fuel cell solutions, has been officially nominated for the Go Global Awards 2025. The prestigious international event will take place on November 18–19, 2025, at One Great George Street, Westminster, London.   Organized by the International Trade […]

July 4, 2025

Kristan

Supply Chain

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The introduction of Canada’s draft Modern Slavery Act in March 2025 has, perhaps predictably, sparked a mixture of anticipation and uncertainty among Canadian exporters and multinationals with ties to the Canadian market. The proposal, which would impose mandatory reporting requirements on firms with global revenues exceeding CAD 50 million, is still working its way through […]

July 3, 2025

Jessica Jumaway

India, News, Trade

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India’s services sector surged in June, recording its highest growth in ten months and highlighting the country’s robust economic momentum. The latest HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to 60.4 in June, up from 58.8 in May, signaling strong expansion in business activity driven by increased demand and easing […]

Japan’s currency continues to capture the attention of global markets, with the yen presenting long-term promise amid evolving trade relations and monetary policies. While recent shifts have led some investors to temporarily adjust their strategies, the yen remains a significant pillar in international trade and financial planning.   Despite cautious signals from the Bank of […]

Uzbekistan’s gold exports have reached an impressive $6.49 billion in the first five months of 2025, marking a significant 54.8% increase compared to the same period in 2024. This surge, reported by the National Statistics Committee, highlights the country’s growing role in global trade, with gold now accounting for nearly 44% of its total export […]