SINGAPORE, Sep 15, 2021 – (ACN Newswire via SEAPRWire.com) – Xiaomi-backed online brokerage Tiger Brokers (Singapore) Pte. Ltd. today announced that its quarterly business achieved a significant milestone as the number of account openings represented by Generation Z (18-24 yr) saw an increase of over 90 per cent compared to the same period last year. […]
HONG KONG, Sep 11, 2021 – (ACN Newswire via SEAPRWire.com) – With business travel continuing to be restricted due to the global pandemic, Hong Kong is exploring ways to foster stronger economic ties with its trading partners. The Hong Kong Trade Development Council (HKTDC) and the Thai Ministry of Commerce’s Department of International Trade Promotion […]
TRADE SECRETARY Ramon M. Lopez has proposed opening up regional trade for essential goods needed by countries to deal with the pandemic. He said at a Belt and Road Summit Wednesday that the Philippines did not restrict exports of personal protective equipment such as medical-grade masks throughout the public health crisis. “We have to honor […]
SINGAPORE, Sep 1, 2021 – (ACN Newswire via SEAPRWire.com) – ZALL Smart Commerce Group (ZALL; 2098.HK), Asia’s largest B2B e-commerce group, today announced its results for the first half 2021 (January 1 – June 30, 2021). ZALL’s revenue rose by 40.3 per cent year-on-year to RMB 50.16 billion (US$7.76 billion), on the back of stronger […]
INDUSTRY GROUPS said they are opposed to the inclusion of motor vehicle parts on a list of Thai products being considered for a suspension of tariff concessions. The Trade department is seeking to suspend tariff concessions in retaliation against Thailand over a 13-year-old trade dispute involving Philippine tobacco products. The Tariff Commission in January presented […]
THE EUROPEAN Union (EU) said differences with ASEAN on sustainability matters must be resolved as the two blocs seek to revive free trade talks, the EU Ambassador said, adding that “gaps” between the two sides must also be addressed in terms of government procurement policies. The EU and the Association of Southeast Asian Nations (ASEAN) […]
STOCKS rebounded on Tuesday as investors picked up bargains following improved energy consumption data reported by Manila Electric Co. in the first half of the year and progress in the country’s vaccination program. The Philippine Stock Exchange index (PSEi) gained 149.97 points or 2.35% to close at 6,522.58 on Tuesday, while the all shares index […]
OPPOSITION Senator Leila M. De Lima on Wednesday confirmed that she would seek reelection in next year’s polls, saying that what she called the political persecution she experienced under President Rodrigo R. Duterte’s administration only strengthened her resolve to fight for her advocacies. In a letter addressed to Mr. Duterte ahead of his sixth and final State of the […]
HONG KONG, Jul 20, 2021 – (ACN Newswire via SEAPRWire.com) – The Hong Kong Trade Development Council (HKTDC) noticed recent discussions on Hong Kong’s business environment. Dr Peter KN Lam, Chairman of the HKTDC, said that most companies operating in Hong Kong remain confident in the city’s business landscape. Dr. Lam said, “Based on my […]
SINGAPORE, Jul 16, 2021 – (ACN Newswire via SEAPRWire.com) – ZALL Smart Commerce Group (ZALL), Asia’s largest B2B e-commerce group, looks to become the world’s leading global digital trade platform with its new strategic rebrand. It aims to create an open and interconnected B2B trading ecosystem between China and ASEAN, and to drive the rapid […]
THE PHILIPPINES’ implementation of trade facilitation measures hit 86% in 2021 from 80.7% in 2019 before the pandemic, according to a global survey conducted by the United Nations. The Philippines posted 100% scores in the transparency and formalities categories, maintaining its earlier performance, according to the United Nations Global Survey on Digital and Sustainable Trade Facilitation 2021 released […]
SINGAPORE, Jun 28, 2021 – (ACN Newswire via SEAPRWire.com) – Xiaomi-backed online brokerage Tiger Brokers (Singapore) Pte. Ltd. (“Tiger Brokers Singapore”) today announced that it has received approval-in-principle to be admitted as a Clearing Member of The Central Depository (Pte) Limited (“CDP”). Tiger Brokers has also received approval-in-principle from Singapore Exchange Securities Trading Limited (“SGX-ST”) […]
THE PHILIPPINES and the US should work on a standalone digital trade agreement that could serve as a model for the region, a US chamber of commerce official said. Charles Freeman, senior vice-president for Asia of the US Chamber of Commerce, said that some issues remain unresolved for a US-Philippine free trade agreement. “We’ve had […]
SINGAPORE, Jun 17, 2021 – (ACN Newswire via SEAPRWire.com) – Singapore-based Commodities Intelligence Centre (CIC) has signed an investment agreement with Chongqing Liangjiang New District Management Committee. The agreement will see an investment commitment of RMB 10 million (S$2.07 million) by CIC to establish its overseas digital trade platform in China’s Guoyuan Port in Chongqing […]
The newly established committee for trade facilitation is expected to help micro-, small-, and medium-sized enterprises (MSMEs) to be more active in international trade and widen their access to international goods and services, Finance Secretary Carlos G. Dominguez III said. During its first meeting Wednesday, Mr. Dominguez said the Philippine Trade Facilitation Committee (PTFC), which […]
PHILIPPINE international trade value doubled in April as both exports and imports of merchandise goods posted record growth, the Philippine Statistics Authority (PSA) reported on Wednesday. Read the full story.
THE FASHION industry tries to do the right thing when it comes to sustainability — after all, its profits increasingly depend on it. But it needs help, and this is where science comes in. Yet even issues that attract strong scientific consensus can sometimes arouse deep skepticism. In the fashion industry, nowhere is that conflict […]
RESTRICTIONS on foreign participation have limited the Philippines’ integration with digital trade networks in the Asia-Pacific, the Philippine Institute for Development Studies (PIDS) concluded in a study. The report, How Ready Are We? Measuring the Philippines’ Readiness for Digital Trade Integration with the Asia-Pacific, found that the Philippines has a slightly restrictive policy and regulatory environment for […]
SINGAPORE, Apr 30, 2021 – (ACN Newswire via SEAPRWire.com) – DiMuto, a global agri-fintech trade solutions company that provides end-to-end supply chain visibility for global agrifood trade, has partnered with OPAL, a Major Payment Institution (MPI) licensed by Monetary Authority of Singapore (MAS), to provide payment services on the blockchain-powered DiMuto Platform. Lim Ming Wang, […]
St Vincent & the Grenadines, Apr 14, 2021 – (ACN Newswire) – Global trading broker Samtrade FX Ltd. (Samtrade FX, the “Company”), together with its subsidiaries (the “Group”), announces that its affiliate, S.A.M. Trade (Asia) Pte Ltd, commenced trading March 31 on the US OTC markets under the symbol SMFX.Sam Goh, Founder and Chief Executive Officer of Samtrade FX, […]