HONG KONG, Aug 8, 2022 – (ACN Newswire via SEAPRWire.com) – The Hong Kong Trade Development Council (HKTDC) welcomes the Hong Kong SAR (HKSAR) Government’s relaxation of entry quarantine measures, which will have a positive impact on Hong Kong’s economic recovery and strengthen the city’s international competitiveness. The HKTDC has been supporting Hong Kong’s small-to-medium […]
Tag: trade
Global leaders, experts convene at ABAC Forum on skills and services of the future
Understanding the need for urgent action to ensure that talent and businesses alike are prepared to leverage on emerging technological trends as part of the services sector’s broader strategy for growth and recovery in the Asia-Pacific region, APEC Business Advisory Council (ABAC) REIWG Services Trade Lead Sabin Aboitiz brought together global thought leaders and experts […]
Philconstruct Visayas returns to Cebu
PHILCONSTRUCT Visayas, the country’s largest construction trade show, officially returned to Cebu on Thursday, July 21, 2022 at the Waterfront Cebu City Hotel and Casino.The country’s largest construction trade show features more than 200 exhibitors for over 360 brands showcasing items and products such as heavy machine and equipment, tools, lighting, and generators, among others. […]
Philippine trade year-on-year performance
THE PHILIPPINES’ April trade deficit narrowed month on month to $4.8 billion, as exports slightly picked up and imports grew at their slowest pace in 13 months amid the Russia-Ukraine war and supply chain disruptions. Read the full story.
Stop and shop — and recharge — at SM
1 of 5 Each of the four SM malls with an EV charging station will get a pair of Wallbox Pulsar Plus 7.4KW AC chargers with Type 2 connectors. — PHOTO BY KAP MACEDA AGUILA Leading the inauguration ceremony of the SM Supermalls EV charging stations are Department of Trade and Industry Secretary Ramon Lopez […]
Ukraine war to affect ICTSI’s operations
LISTED PORT operator International Container Terminal Services, Inc. (ICTSI) said on Thursday that it expects the ongoing Russia-Ukraine war to have an impact on its performance, mainly due to trade disruptions among countries. “So far, since the war started in February, we are only about to start seeing the effects,” ICTSI Chairman and President Enrique […]
Myanmar Announces Direct Border Trade Currency Settlement with Thailand; Plans Similar Non-Dollar Convertibility with India in Near Future
NAY PYI TAW, MM, Mar 15, 2022 – (ACN Newswire via SEAPRWire.com) – The Myanmar Government has agreed to accept the Thai baht as an official currency for settling border trade starting this month. Thailand is the second country after China to permit its national currency to be exchangeable with the Myanmar kyat for border […]
Cartier lawsuit accuses Tiffany of stealing luxury jewelry trade secrets
NEW YORK — Cartier sued Tiffany & Co. on Monday, accusing its luxury rival of stealing trade secrets concerning its high-end jewelry from an employee it lured away in December. According to a complaint filed in a New York state court in Manhattan, Tiffany hired an underqualified junior manager away to learn more about Cartier’s […]
‘Strategic goods’ exports in 2021 valued at $4.5B
EXPORTS of strategic goods, which are regulated for national security reasons, were worth $4.5 billion in 2021, much higher than the $3.6 million registered a year earlier, with the US the leading destination, the Department of Trade and Industry (DTI) said. In a statement on Monday, the DTI said the exports were tracked by Strategic […]
Tiger Brokers Celebrate the Year of the Tiger with Gold and More
SINGAPORE, Jan 28, 2022 – (ACN Newswire via SEAPRWire.com) – The Year of the Tiger is a special year for Tiger Brokers and in the spirit of celebrating the Lunar New Year, the retail trading platform is launching a Chinese New Year campaign, Gold Xi Fa Cai, with a series of exciting activities and attractive […]
Global fintech Ebury enters Hong Kong non-bank lending market to target credit-starved importing and exporting SMEs
HONG KONG, Jan 27, 2022 – (ACN Newswire via SEAPRWire.com) – Ebury, the global non-bank leader in cross border finance for SMEs, is entering Hong Kong’s non-bank lending market to provide trade finance for credit-starved small and medium-sized companies. Ebury announced today that it had started competing head-on with large banks and Hong Kong’s non-bank […]
MoU Between Verofax Asia and Distichain to Enable Empowered Digital Global Trade
DUBAI / KUALA LUMPUR, Jan 21, 2022 – (ACN Newswire via SEAPRWire.com) – Under the patronage of YB Tan Sri Datuk Seri Panglima Haji Annuar Bin Musa, Malaysian Minister of Communications and Multimedia, and with the participation of Malaysia Digital Economy Corporation (MDEC), a Memorandum of Understanding (MoU) was signed on January 12th, 2022, between […]
Tell it to SunStar: TUCP statement on the enactment of the Department of Migrant Workers
The Trade Union Congress of the Philippines hails the enactment of the Department of Migrant Workers (DMW) as a legal and historic milestone in the struggle of our overseas Filipin…
Asia looks to China-focused trade bloc for virus recovery
MEMBERS of a China-centered Asian trade bloc that takes effect Jan. 1 are hoping the initiative, encompassing about a third of world trade and business activity, will help power th…
Agri trade rises to $5.93B in Q3
THE country’s total agricultural trade in the third quarter of 2021, which reached US$5.93 billion, increased at an annual rate of 14.8 percent.In the second quarter of 2021, total…
Export Commodities Online Fair promotes trade between China’s Hebei and ASEAN
HEBEI, CHINA, Dec 9, 2021 – (ACN Newswire via SEAPRWire.com) – China will boost new forms and models of foreign trade to advance high-quality development of the trade sector, according to a circular issued by the General Office of the State Council on July 9, 2021, and aims to have better mechanisms and policy systems […]
DTI’s Lopez says farmers to benefit from RCEP market opening, tech investment
TRADE Secretary Ramon M. Lopez said the Regional Comprehensive Economic Partnership (RCEP) trade agreement will benefit the agriculture sector via expanded market access and technology investment. “The agricultural sector is set to benefit from the RCEP agreement. These benefits range from improved market access in the RCEP region, cheaper access to raw materials, wider cumulation area, […]
DTI bills RCEP as recovery driver in Senate testimony
THE PHILIPPINE participation in the Regional Comprehensive Economic Partnership (RCEP) trade deal will help revive the slumping economy after the pandemic, the Department of Trade and Industry said in Senate testimony. “RCEP is expected to promote economic efficiency of member states, linking their strengths in manufacturing, technology, agriculture, and natural resources, and it will reinforce […]
Online brokerage Tiger Brokers (Singapore) sees strong Q3 growth led by first-timer deposits and newly funded accounts
SINGAPORE, Dec 3, 2021 – (ACN Newswire via SEAPRWire.com) – Online brokerage Tiger Brokers (Singapore) Pte. Ltd. (“Tiger Brokers Singapore”) today announced that the average Singapore ‘first-timer’ account deposit has increased to $5,000 this quarter (Q4 2021), compared to the average initial deposit of $4,000 in Q2 and Q3 2021, as the pool of investors […]
GBA companies eyeing ASEAN opportunities
Strong interconnectivity between regions boosts trade and investment HONG KONG, Nov 29, 2021 – (ACN Newswire) – Close to 60 per cent of companies in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) are considering further expansion into the Association of Southeast Asian Nations (ASEAN) countries in the next three years, a research report by UOB Hong Kong Branch and […]