Trade
Economy, COVID-19 pandemic resurgence, Industry trends
Vietnam sees resurgence in demand for real estate
The real estate market showed signs of recovery at the beginning of the third quarter of 2023. There has been a notable revival in demand
Foreign investors bite bullet, leave China
On August 30, U.S. Commerce Secretary Gina Raimondo cautioned Chinese leaders that U.S. businesses might stop investing in China if Beijing does not “act to
APEC warns of rising trade restrictive measures
Commercial trade in the APEC region recovered to US$4.9 trillion in 2022, albeit lower than the projected value of US$5.4 trillion in 2022 had there
Israeli-Hamas war presents wider risks to international trade
Hamas militants’ surprise attack of Israel on October 7 killed more than 1,200 people and they took more than 200
Thai economy to accelerate in 2023, says World Bank
Thailand’s economy is projected to accelerate to 3.9 percent in 2023 from 2.6 percent last year due to stronger-than-expected demand
Australia, World Bank extend financial aid to Vietnam’s development priorities
The Australian Government and the World Bank have formally agreed to extend their partnership in support of Vietnam’s sustainable and
World Bank calls for blue transformation of Pacific maritime transport
A new report from the World Bank has called for a ‘Blue Transformation’ of the Pacific maritime transport sector. This
Asian LNG buyers face volatile market until 2026
China’s economy is crumbling but Xi still focuses on political control
China’s economic engine seems to be sputtering to a halt, unlike the more optimistic point of view that many mainstream media outlets took at the
Global upheavals in next six months due to geopolitical tensions, say chief risk officers
With the world facing growing economic instability and political tensions, volatility in geo-economic and geopolitical relations between major economies are likely to result in global
Global submarine market to surpass US$45 billion in 2033, according to new research
Nations such as India and China are investing in submarine fleets, while major naval powers like France, the UK, and the US are procuring next-generation
Navigating Turbulence: Shipping Industry Surges Amidst Adversity
John Park, chief representative of naval and special ship marketing, Southeast Asia, Hanwha Ocean (former Daewoo Shipbuilding & Marine Engineering), is certain that for the
WTO, World Bank, WEF help developing economies leverage trade to meet climate goals
World Economic Forum (WEF), World Trade Organization (WTO) and World Bank embarked on a new pilot initiative, Action on Climate and Trade (ACT), to help
Aquaculture industry in Malaysia: Challenges and issues
“Should we be worried about our intake of animal-sourced protein? Should we continue to have a much greater consumption of fish than the world average
Decade after Rana Plaza collapse, safety flaws persist
Many clothing brands, mostly from the US, have not joined the Accord on Health and Safety in Bangladesh and Pakistan a decade after the collapse
Singapore’s intra-Asia trade value could grow 50 percent by 2030, says new study
The value of Singapore’s trade with 11 other major Asian markets could grow by over 50% by 2030, according to an industry study released by
Africa well placed to get more green jobs as shipping undergoes low carbon revolution
Experts from the Maritime Just Transition Task Force told Africa’s maritime leaders in Accra in February that their continent was well placed to take a
UN wants urgent global action to support world’s least developed countries
The world’s most vulnerable economies need urgent global action as current crises threaten to reverse decades of development gains. The world’s 46 least developed countries
Malaysia requires a holistic maritime blueprint, say analysts
By Dr. Izyan Munirah Mohd Zaideen, senior lecturer at Faculty of Maritime Studies, Universiti Malaysia Terengganu; and Captain Mohd Faizal Ramli, EHS Marine Specialist in oil and
Uncertainty weighs on Myanmar’s economy, says World Bank
Myanmar’s economy remains subject to significant uncertainty, with ongoing conflict disrupting business operations, a World Bank report released January 30 says. While some firms are
Malaysia’s maritime sector needs to be more efficient, resilient and green
Singaporeans fear inflation rising faster than their income, according to new survey
Online Shopping for Fresh Fish
Buying fish online takes off in Indonesia
Singapore urges G20 to improve cross-border trade through digitalization
Taiwan modernizes naval defense in face of China’s threat of invasion
Amidst persistent military threats from China regarding the One China Policy, Taiwan is striving to modernize its air and naval
Marcos stands firm in meeting with Xi over South China Sea tension
For the second time this year, Philippine President Ferdinand “Bongbong” Marcos Jr. met with Chinese President Xi Jinping in a
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