ADB ratchets up Asia’ GDP growth forecast

The Asian Development Bank (ADB) forecasts in its latest report that Asia’s economy will expand by 6 percent in 2017, driven by stronger-than-expected exports and domestic consumption.

  • Ministry initiates second phase of Pak-China FTA talks

    The ministry of commerce has initiated sectoral public consultation campaign, as the proposal for the second phase of China-Pakistan free trade agreement is being formulated, which the government wants to keep in favour of Pakistan.

  • Revised Turkey-EFTA FTA to set example for customs union

    Turkey and European Free Trade Association (EFTA) announced on Friday they have updated the free trade agreement (FTA), for which the economy ministry said is more modern and broader and that it will serve as a model for updating the customs union agreement

  • Ireland warns Theresa May to change course on Brexit

    Theresa May has faced warnings that a Brexit deal which involves a hard border in Ireland would be unacceptable from both the Irish Republic and her allies in the Northern Irish DUP.

  • ASEAN must get its national-regional balance right

    Vivian Balakrishnan, Singapore’s Minister of Foreign Affairs and 2018 chair of ASEAN, tells journalists that to understand the bloc’s history and challenges, it is important to examine the external environment and strategic forces that have shaped it over the last 50 years.

  • Innovation to be a major theme for Singapore-China cooperation

    Innovation is likely to be a major theme not only for Singapore’s economic transformation, but also for the country’s cooperation with China and the broader region, said Finance Minister Heng Swee Keat on Sunday (Nov 26).

  • Vietnam sees bright future for apparel exports to APEC

    Major countries, which are member economies of the Asia-Pacific Economic Cooperation (APEC), have become key markets for Vietnam’s garment and textile products, and are forecast to making up between 74%-75% of the country’s total apparel export turnover in the near future.

  • CPTPP: Making Trade Great Again but Concerns Linger

    At the recent Asia Pacific Economic Cooperation (“APEC“) Summit in Da Nang, Vietnam, the 11 remaining countries of the Trans-Pacific Partnership (“TPP11“) took a significant step forward to finalize a new agreement now referred to as the Comprehensive and Progressive Trans-Pacific Partnership (“CPTPP“).

  • Vietnamese footwear exporters need to prepare for EV-FTA

    Vietnamese leather and footwear exporters must comply with the European Union (EU)-Vietnam free trade agreement’s (EV-FTA) rules of origin and be prepared to deal with EU barriers and anti-dumping measures when it takes effect in 2019, exporters were told at a recent seminar in Ho Chi Minh City.