Free Trade Zones

The BRI to foster confidence in economic cooperation

A Chinese engineer (right) from the Beijing-based China Construction Second Engineering Bureau gives instructions to a local worker at a construction site for a bulk water supply pipeline in Nairobi, Kenya, in 2020. [Provided to China Daily] China’s unwavering efforts to promote the joint construction of the Belt and Road Initiative will give the international […]

Domestic Bonds

Rupee under pressure as REITs rush for exit door and withdraw Rs 2 lakh crore since October

The ongoing sell-off by Foreign Portfolio Investors (REITs) has led to the withdrawal of more than Rs 2,00,000 crore from the domestic stock markets since October last year. The Russian-Ukrainian conflict has added to the nervousness of REITs, which are already bracing for interest rate hikes by the US Federal Reserve. The FPI’s pullback hit […]

G-20 News

The G20 Presidency, an opportunity for MSMEs to go global

Many parties expect Indonesia’s G20 Presidency to serve as a catalyst for the country’s economic recovery. In addition to showcasing employment and investment opportunities, the international event is also expected to open more doors for local MSMEs (micro, small and medium enterprises) to export their products. MSMEs have become a priority due to their important […]

Free Trade Zones

Yangshan Port in Shanghai Strives to Build World-Class Terminals | Kathmandu Grandstand

By Liu Shi’an, Xie Weiqun, People’s Daily Yangshan Deepwater Port, as part of Shanghai Port, is a witness to China’s firm opening-up measures. As a major international shipping hub, the small port carries enormous energy. Port of Shanghai’s container throughput exceeded 47 million 20-foot equivalent units in 2021, ranking first in the world for 12 […]

Domestic Bonds

Foreigners become net sellers of Japanese stocks in the week to February 18

Feb 25 (Reuters) – Foreign investors were net weekly sellers of Japanese stocks last week as tensions in Ukraine and the growing likelihood of global policy tightening this year weighed on sentiment, although that a decline in new COVID-19 infections in Japan has limited outflows. Foreigners sold Japanese stocks for 21.45 billion yen ($186.13 million) […]

Trade Wars

Building multilateralism in trade is essential

Failure to do so would be throwing the baby out with the bathwater. Undoubtedly, the current state of global trade has its limits and is not entirely fair to all participants. A number of important issues, including those needed to make international trade fairer and more sustainable over time, remain insufficiently addressed. During its 27 […]

Free Trade Zones

Peza targets 6% investment growth in 2022 and joins World Free Zones

AFTER recording solid growth last year amid the Covid-19 pandemic, the Philippine Economic Zone Authority (Peza) is targeting 6% investment growth this year. “Despite the pandemic that has slowed us down for two years, Peza is grateful for the continued support of our partner locators and investors. Now that the Philippines is achieving herd immunity […]

G-20 News

G20 host Indonesia promotes currency diversification as part of stimulus exit

JAKARTA: Indonesia’s top economic officials on Wednesday (February 16th) backed increased use of local currencies in trade and investment, instead of the US dollar, to help maintain stability in global financial markets as government stimulus measures the pandemic era are removed. Indonesia, which this year holds the presidency of the Group of 20 major economies, […]

Domestic Bonds

DIFI study reveals positive impacts of Covid-19 on family ties

Doha: Despite the many challenges the COVID-19 pandemic has fueled, it has also enabled family members to connect and cooperate in the Gulf region, including in Qatar, a study has found. According to the study conducted by the Qatar Foundation’s Doha International Family Institute (DIFI), around 60% of families surveyed reported improved marital and parental […]

Trade Wars

Trump’s trade war was a total flop

Donald Trump, the US president from 2017 to 2021, said he knows more about trade than most economists and foreign policy experts. “Trade wars are good and easy to win,” Trump said in 2018. He described himself as a “Tariff Man” and proved it by imposing new tariffs on hundreds of billions of dollars of […]

G-20 News

EFF program commitments: IMF urges all major bilateral creditors to maintain exposure to Pakistan

ISLAMABAD: The International Monetary Fund (IMF) has urged all major bilateral creditors to maintain their exposure to Pakistan in line with commitments under the Extended Financing Facility (EFF) program, as the country’s gross external financing needs are estimated at 35.068 billion dollars for 2022-23, i.e. 10.1% of GDP. The IMF, in its report entitled Article […]

Free Trade Zones

Flushing Organization Launches Hate Free Zone Campaign to Combat Anti-Asian Violence – QNS.com

In light of the increase in anti-Asian attacks in New York, the MinKwon Center for Community Action, in partnership with the Greater Flushing Chamber of Commerce and other community organizations, launched a new campaign on Thursday, February 4 to creating safe spaces in the community, in addition to organizing “Know Your Rights” sessions on immigration, […]

Domestic Bonds

Factbox: India’s budget industry demands to be unveiled on February 1

MUMBAI, Jan 27 (Reuters) – India’s Finance Minister Nirmala Sitharaman is expected to reveal plans to accelerate economic growth through increased spending on infrastructure and healthcare when she presents the national budget for 2022. /2023 on February 1. Businesses and industry lobby groups, who expect greater capital spending as the government seeks to create jobs, […]

Domestic Bonds

David Y.Ige | DOT News Release: HDOT AIRPORTS DIVISION TAKES ADVANTAGE OF LOW RATES TO FINANCE $230 MILLION FOR CRITICAL PROJECTS, REFINANCES DEBT TO SAVE

DOT News Release: HDOT AIRPORTS DIVISION TAKES ADVANTAGE OF LOW RATES TO FINANCE $230 MILLION FOR CRITICAL PROJECTS, REFINANCES DEBT TO SAVE Posted on January 21, 2022 in Latest news from the department, Press room HONOLULU – The Hawaii Department of Transportation (HDOT) is pleased to announce that the Airports Division has successfully sold new […]

Free Trade Zones

The EU remains a very potential importer of Vietnamese rice

VIETNAM, January 17 – Visitors at the 5th Việt Nam Rice Festivals in the southern province of Vĩnh Long earlier this month. — Photo VNA/VNS Lê Thúy Hằng HÀ NỘI — With stable and high demand for specialty rice from Asia, the European Union (EU) remains a high-potential market for rice exporters from Việt Nam, […]

Domestic Bonds

Malta’s corporate debt is the fourth highest in the world

Malta has the fourth highest amount of corporate debt relative to its GDP, behind its smaller state counterparts Luxembourg, Ireland and Cyprus, a study has found. Corporate debt in Malta totals nearly 215% of GDP, according to statistics published by UK consultancy Utility Bidder and based on IMF corporate debt data. Here, corporate debt includes […]

G-20 News

Most Caribbean countries will experience economic growth in 2022

Citizens of most Caribbean countries are expected to see positive changes in their economic activities and well-being in 2022, as the world Bank predicts increases in gross domestic product (GDP) over 2021 figures. This should bring some relief to members of the Caribbean diaspora who sent a large portion of the estimated $126 billion to […]

Trade Wars

The geopolitical dynamics of the Asia-Pacific region in 2022

The paradigm shift in geopolitical dynamics in Asia-Pacific has been in sight since President Biden took office. The Biden administration has taken an apparent departure from the foreign policy of its predecessor, Trump, with respect to this region. Donald Trump withdrew the United States from the Trans-Pacific Partnership (TPP) treaty, which left the region open […]

Domestic Bonds

bond market: Gilt mkt could see a mismatch between supply and demand despite the inclusion of the index: UTI MF

NEW DELHI – Much has been said about the inclusion of Indian sovereign debt in global bond indices, with most analysts predicting foreign fund flows in the range of $ 35-45 billion, reaching the domestic market once that the event was to materialize. UTI MF, however, believes that even this may not be enough to […]

Trade Wars

Why we use the language of war to talk about the Covid

Much of the pandemic has been described in terms of a “war” on the virus. Communication expert DR ANDREAS MUSOLFF asks if such language is useful Why do we talk and hear (and read) the Covid-19 pandemic so much in terms of war? In the media and in common parlance, patients, hospitals, and entire nation […]

Free Trade Zones

THIRD PARTY LOGISTICS COMPANIES OFFER BENEFITS TO THOSE OPERATING IN FTAs

Businesses involved in importing global products to the United States and considering the use of a Foreign Trade Zone (FTA) in their operations may want to consult with a third-party logistics company for an in-depth review of access to a free zone. can mean to them and what a 3PL could offer in terms of […]

Domestic Bonds

Does Japan Justify Modern Monetary Theory?

Public debt has skyrocketed since the 2008 financial crisis, and especially during the Covid-19 pandemic. According to the International Monetary Fund (IMF), the ratio of public debt to gross domestic product (GDP) in advanced economies rose from around 70% in 2007 to 124% in 2020. But the fear that the increase in Public Debt Fuels […]

Free Trade Zones

Export of bicycles grossed $ 500 million in ten months

Cambodian bicycle makers pulled $ 514 million from exports from January to October of this year, a 21% year-over-year increase, according to a Commerce Ministry report. The main markets for Kingdom’s bikes are the United States, Germany, United Kingdom, Japan, China, ASEAN countries, Belgium, the Netherlands, Austria, Sweden, Denmark, Australia, Czech Republic, Italy, Colombia, South […]

Trade Wars

AM Can Help Address Persistent Pandemic Supply Chain Problems ”3dpbm

Stay up to date on all that is happening in the wonderful world of AM through our LinkedIn community. Many commentators have recently discussed the supply chain issues plaguing the world in the backdraft caused by the COVID-19 pandemic, and it looks like these issues are likely to precipitate a sea change in the way […]

Free Trade Zones

Why is 2022 the perfect time to invest?

Vietnam offers favorable conditions for foreign investors for many reasons: strategic location, abundant workforce with competitive labor costs and a relatively open environment for FDI to name a few- a few. However, the pandemic outbreak during the summer months of 2021 with heavy restrictions and supply chain disruptions has led to uncertainties; thus, foreign investors […]

G-20 News

Putin keen to organize a trilateral summit with Modi and Xi; India remains without commitment

Russia has proposed a trilateral summit between its President Vladimir Putin, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping – despite China’s continued belligerence throughout its disputed border with India. However, New Delhi remained without commitment on the proposal. Putin had a video conference with Xi on Wednesday and one of the topics […]

Free Trade Zones

Busy container ports herald China’s robust foreign trade

BEIJING – China’s container shipping industry has seen steady growth this year amid headwinds from the COVID-19 pandemic and container shortages, indicating the strength of foreign trade and the country’s economic resilience. Cargo throughput at Chinese ports totaled 12.87 billion metric tons in the first 10 months, up 7.8% year-on-year. During the period, container throughput […]

G-20 News

Balance growth-inflation, Shaktikanta Das sees his task reduced during the 2nd term of governor of the RBI

Shaktikanta Das became the first Reserve Bank of India (RBI) governor to win a second term since the government led by Narendra Modi took office in 2014. The former bureaucrat, who took over the managerial post at the central bank on December 10, 2018, began his next three-year term on Saturday. For the past three […]

Free Trade Zones

Persistent openness, the best manifestation of China’s commitment to the WTO

CHENG WANDONG / FOR CHINA DAILY China’s accession to the World Trade Organization (WTO) 20 years ago has proven to be a watershed economic event of the 21st century, changing the political-economic landscape not only of China but also of the world in his outfit. China’s continued openness is the best way to celebrate its […]

Trade Wars

Moving targets – NJBIZ

“A lot of people talk about ‘let’s get back to normal.’ I don’t mean. Normal failed,” John Kennedy, who heads the New Jersey manufacturing expansion program, said at a conference Dec. 1. on the shortage of the supply chain. – Ship in port As New Jersey and across the country grapple with supply chain delays […]

Trade Wars

Why connectivity can strengthen European sovereignty – European Council on Foreign Relations

The covid-19 pandemic, the global semiconductor shortage and the recent rise in energy prices show just how interconnected and vulnerable international trade has become. Germany has benefited enormously from this form of globalization. However, in a world where industrial finished products often contain components from hundreds of suppliers on different continents, a problem at one […]

G-20 News

Importance of equitable vaccine distribution

Likewise, this year has shown us how interconnected our economies are. Let me use an example you all know Globally, the number of weekly COVID-19 cases and deaths has increased for more than a month. During the week of November 15-21, 2021, nearly 3.6 million new confirmed cases and over 51,000 deaths were reported, reflecting […]

Free Trade Zones

Conference to boost Sino-African cooperation

Students watch satellite TV on Monday through a projector provided by Chinese media company StarTimes as part of a China-funded project at a school on the outskirts of Dakar, Senegal. The satellite television project is one of the fruits of the resolutions of the 2015 summit of the Forum on China-Africa Cooperation held in Johannesburg, […]

Free Trade Zones

8th China-Africa Ministerial Conference: Issues and Raised Questions

Charles Onunaiju Posted November 24, 2021 The 8th Ministerial Conference of the Forum on China-Africa Cooperation will be held in the Senegalese capital of Dakar on November 29-30, 2021. The Africa-China Cooperation Mechanism founded at the turn of the century has become a model of international cooperation renowned for producing measurable, tangible and practical results, […]

Trade Wars

Responsibility of the developed world to fight climate change

The United Nations Climate Change Conference underway in Glasgow, Scotland has been touted as a global effort to adapt to climate change. The global response is the only way to fight climate change, as it requires an optimal allocation of global resources. The globalization of trade is also an optimal allocation of world resources, but […]

Free Trade Zones

China accelerates its opening up to the top level

SHANGHAI (Xinhua): Despite the Covid-19 pandemic, the number of global exhibitors at the current China International Import Expo (CIIE) surpassed previous edition – a vote of confidence for the market Chinese and a message of business opportunities from him. The annual world import-themed trade fair, the first of its kind in the world, is an […]

Trade Wars

The responsibility of the developed world to fight climate change

LI MIN / CHINA DAILY The United Nations Climate Change Conference underway in Glasgow, Scotland has been touted as a global effort to adapt to climate change. The global response is the only way to fight climate change, as it requires an optimal allocation of global resources. The globalization of trade is also an optimal […]

G-20 News

Biden to hold virtual talks with Xi after Chinese president ignores G-20 and climate summits

President Joe Biden will meet face-to-face with Chinese President Xi Jinping practically before the end of the year, according to the White House’s top national security expert. But there is no date for the digital conversation with Jinping, who will not be attending the G-20 and United Nations climate summits in person, National Security Advisor […]

G-20 News

Coronavirus India Live News Updates: G20 Leaders’ Summit to Focus on Climate, Covid-19 and Stimulus Measures, Says Italian Prime Minister Mario Draghi

India has reported fewer than 20,000 new cases of Covid-19 in recent days. (Photo: Reuters) Coronavirus variants and vaccinations, active cases of coronavirus in India Today News, October 20 Live updates: India is heading towards the 100 crore vaccination mark against Covid-19. The country has so far (as of Tuesday) administered more than 99 crore […]

Domestic Bonds

Decline in US futures, stable stocks; Bond yields jump: market envelope

(Bloomberg) – Asian stocks started the week on a mixed bag, with investors weighing strong corporate earnings against worries about inflation and the economic recovery. Bloomberg’s Most Read Benchmarks edged up in Japan and fluctuated in Australia and South Korea. US contracts fell after Wall Street stocks rose on Friday, with the S&P 500 posting […]

G-20 News

g20: Italy unveils the G20 Innovation League to promote startups for a sustainable future

The current Italian Presidency of the G20 unveiled the G20 Innovation League, a new and unique initiative designed to advance innovative projects that help create a sustainable future. The initiative brings together the most promising startups from G20 countries as well as institutions and investment funds so that they can collaborate and develop innovative and […]

Free Trade Zones

Economic activity consolidates the recovery driven by free zones

Costa Rica’s economic activity consolidates its recovery after the coup Covid-19 pandemic. The impetus comes mainly from the business manufacturing that work in special diets such as free trade zones. Last August, economic activity was three consecutive months above the pre-pandemic level (February 2020), according to the most recent data from the Monthly Index of […]

Domestic Bonds

The Fiji Times »From the Editor’s Office: Your October 16 Briefing

Bula vinaka everyone It’s the end of another week of work. As we count down the hours until the long weekend, we wish you the best wherever you are. Let’s be careful this weekend. Plan your trip and drive safely if traveling on weekends and obey the speed limits. PRICE IN CASH We are celebrating […]

G-20 News

G20 CFOs Support Global Tax Deal | Whyalla news

Financial leaders from major G20 economies have endorsed a global deal to overhaul corporate taxation and have pledged to maintain budget support for their economies while closely monitoring inflation. G20 finance ministers and central bank governors also said after a meeting in Washington on Wednesday that the International Monetary Fund should establish a new trust […]

G-20 News

RS Vice President Harivansh meets his Russian counterpart on the sidelines of the G-20 Presidents’ Summit

ANI | Update: October 10, 2021 8:42 AM STI By Amit KumarNew Delhi [India], October 10 (ANI): Rajya Sabha Harivansh’s vice-president met on Saturday Konstantin Kosachev, vice-president of the Council of the Federation, Russia, on the sidelines of the G20 presidents’ summit in Rome, during which they discussed in detail of important issues and common […]

Domestic Bonds

Malaysian bond market: shaken and restless

The BIG central bank push for higher interest rates marked a turning point for bonds as their yields rose. What impact will this have on Malaysia in the future? Yield increases are important because their impact is not limited to bond issuers and investors. They can also influence sentiment in other capital markets and economic […]

Free Trade Zones

Trade relations with Africa continue

Dr Mai Osama (head of IPC) holds vials of Chinese Sinovac COVID-19 vaccine in the visual inspection unit of the holding company for biologics and vaccines “Vacsera” in Cairo, Egypt, on August 31, 2021. [Photo/Agencies] Several African countries are reporting strengthened trade ties with China despite the effects of the COVID-19 pandemic, according to the […]

G-20 News

Corporate minimum tax agreement reached by the United States and 135 other countries

FRANKFURT, Germany – More than 130 countries have agreed to sweeping changes in the way large multinational companies are taxed to dissuade them from avoiding taxes by shifting their profits to countries with lower rates. Under the deal announced on Friday, countries would adopt a minimum global corporate tax of 15% on the largest companies, […]

Domestic Bonds

AM Best affirms the credit ratings of the Construction Guarantee Cooperative

HONG KONG – (COMMERCIAL THREAD) –AM Best confirmed the financial strength rating of A + (superior) and the long-term issuer credit rating of “aa-” (superior) of Construction Guarantee Cooperative (CG) (South Korea). The outlook for these credit ratings (ratings) is stable. The ratings reflect the strength of CG’s balance sheet, which AM Best considers to […]

G-20 News

Om Birla arrives at Italian Senate for G-20 Speakers of Parliament Summit | India News

ROME: Lok Sabha President Om Birla arrived at Palazzo Madama, Italy’s senate, on Thursday for the inaugural session of the seventh G-20 Speakers’ Summit. Birla said he hopes to have fruitful and constructive discussions on issues of global importance during the summit. “Arrived at Palazzo Madama, Senate of the Italian Republic for the inaugural session […]

Trade Wars

The new order of commerce

October 9, 2021 THIS DIARY was founded in 1843 to campaign for the repeal of British protectionist corn laws (which was carried out three years later). The argument for free trade was that tariffs enrich the rich to the detriment of the poor, and that discrimination against foreigners leads to mock retaliation, making it worse […]

G-20 News

Aryan Khan, 2 other arrested; Mamata Banerjee wins the ballot

Bhabanipur Bypoll: Election Commission orders TMC government to avoid victory parades The electoral commission wrote to the West Bengal congressional government in Trinamool on Sunday asking it to take the necessary steps to avoid any incidents of post-election violence. The EC has called on the government to ban all celebrations or victory processions taking place […]

Trade Wars

Egypt calls for activating AfCFTA to strengthen sustainable development and achieve Africa’s Agenda 2063

Egyptian Minister of International Cooperation Rania Al-Mashat said activating the African Continental Free Trade Area (AfCFTA) is integral to achieving sustainable development. Africa should capitalize on this agreement to strengthen joint cooperation among African countries, increase private sector engagement, facilitate restructuring of regulatory laws and strengthen electronic commerce, she added. Al-Mashat’s remarks came during a […]

Domestic Bonds

ECA, African Finance Ministers and IMF discuss changes needed to global financial architecture to support economic recovery on the continent

Dr Vera Songwe, United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa yesterday met African Ministers of Finance and IMF Executive Director Ms. Kristalina Georgieva to discuss how African member states can effectively use SDRs to support their efforts for a green, sustainable and inclusive recovery from the Covid 19 pandemic. African […]

Free Trade Zones

Editorial: How China stands to gain from joining the Pacific Trade Pact

The Chinese government recently applied to join the Comprehensive and Progressive Agreement on Trans-Pacific Partnership (CPTPP), which has gained worldwide attention. The move comes after careful consideration by Chinese policymakers and reflects China’s determination to deepen reforms and broaden its openness. What China needs to do next is redouble its efforts to meet the entry […]

Trade Wars

Why is it always so difficult to buy a next-gen console?

It has now been almost a year since the release of the next generation consoles from Microsoft and Sony. The Xbox Series X and PlayStation 5 both hit shelves in November 2020, alongside Microsoft’s smaller, all-digital S-series. They immediately responded to an important request; pre-orders sold out quickly and most customers had to wait until […]

Free Trade Zones

Exports to China to double within three years: Haque

BEIJING: Pakistan’s exports to China are expected to double in the next two to three years due to the second phase of the China-Pakistan Free Trade Agreement (FTA) and other measures taken by the two governments to strengthen bilateral trade, ”Pakistan said. Chinese ambassador Moin ul Haque said on Tuesday. “In the first six months, […]

G-20 News

PM Modi to address UNGA and meet with Biden and Harris in US | Latest India News

Prime Minister Narendra Modi will have bilateral meetings with US President Joe Biden (September 24) and Vice President Kamala Harris (September 23) during a busy three-day trip to the United States that will see him address at the United Nations General Assembly. in New York as the first speaker of the day. The highlight of […]

Free Trade Zones

Trade value in free zones to hit record NT $ 1 billion

By Shelley Shan / Journalist The total value of trade in the country’s free zones is expected to exceed NT $ 1 trillion ($ 36 billion) this year thanks to higher prices for components associated with chips, the Ministry of Transportation and Transportation said last week. Communications. The country has seven free zones at the […]

Trade Wars

China must convince Canada and Australia before trade pact negotiations can begin

Chinese Trade Updates Sign up for myFT Daily Digest to be the first to know about Chinese business news. China’s membership in a U.S.-inspired trans-Pacific trade group appeals to conservative nationalists in the country eager to embarrass President Joe Biden, as well as liberals who see it as a way to force difficult domestic economic […]

G-20 News

Tomar at the G20 Agriculture Ministers meeting

Union Agriculture and Farmer Welfare Minister Narendra Singh Tomar said on Sunday that India was emerging as a destination country for healthy food products. “The Indian government has focused on reintroducing traditional foods including millet, other nutritious grains, fruits and vegetables, fish, dairy products and organic products into the diet of the people. Their production […]

G-20 News

EAM Jaishankar welcomes its Saudi counterpart; leaders discuss Afghanistan and bilateral relations

On Sunday, Foreign Minister S Jaishankar received Saudi Foreign Minister Prince Faisal Bin Farhan Al Saud, who is visiting India for the first time. The Saudi Foreign Minister has arrived in New Delhi for a three-day visit and will meet with Prime Minister Narendra Modi on Monday, September 20. The two leaders later met at […]

G-20 News

G20 Interfaith Forum in Bologna

The 2021 G20 Interfaith Forum took place this week in Bologna and ended with the intervention of Prime Minister Mario Draghi. With more than 370 participants, the event brought together delegates from 70 countries with the aim of building a space for dialogue on the theme at the center of the Forum: “Time to heal”. […]

Trade Wars

Military pact between US, UK and Australia threatens war on China

This week’s dramatic announcement of the AUKUS military alliance between the United States, Britain and Australia made explicit the fault lines of a terrible war between the nuclear powers. Hatched over months of secret negotiations, the pact rekindles the WWII Pacific alliance against Japan, this time against China. British Carrier Strike Group 2021, led by […]

G-20 News

Union Min Piyush Goyal Attends Two-Day G20 Sherpas Meeting; highlights India’s progress

India’s Trade and Industry Minister and Indian G20 Sherpa Piyush Goyal attended the two-day G20 Sherpa meeting in digital format on September 15-16, Foreign Ministry said (MEA ) on September 17th. This was Piyush Goyal’s first G20. meeting since his appointment as G20 Indian Sherpa. “Ambassador Luigi Mattiolo, the Italian G20 Sherpa, chaired the meeting […]

Free Trade Zones

Amyl Acetate Market by Major Players (Elan Chemical Company Inc., Justdial, Qingdao Free Trade Zone United, Shanghai Pu-Jie Fragrance Co. Ltd.); Based on the global spread of COVID-19 in 2020

Key trends, industry analysis, and competitive study indicate the growth rate of the global Amyl Acetate market over the forecast period The latest report released by Market Research Store on the Global Ammonium Acetate Market provides all the much-needed details including market growth drivers, growth rate, regional distribution, competitive landscape, and latest developments , all […]

G-20 News

Sri Mulyani, Governor of BI, to lead meeting on G20 finance track

TEMPO.CO, Jakarta – Finance Minister Sri Mulyani has stated that she will lead the G20 Summit agenda of the finance track with Bank of Indonesia Governor Perry Warjiyo as Indonesia will host the G20 Presidency in 2022. “Several priority agendas at the finance track meeting will start to be discussed in December of this year,” […]

G-20 News

The Pope at the G20 Interfaith Forum: Peace is a universal right

Pope Francis sends a message to participants in the G20 Interfaith Forum and urges religious leaders to seek peace for all people and serve the truth. By Devin Watkins The G20 Interfaith Forum is taking place from September 12 to 14 in the Italian city of Bologna and aims to promote healing from the Covid-19 […]

Domestic Bonds

Chancellor: Watch out for the return of financial repression

Illustrative photo of US dollar, Swiss franc, British pound and euro banknotes taken in Warsaw on January 26, 2011. REUTERS / Kacper Pempel LONDON, September 2 (Reuters Breakingviews) – High debt levels require persistently low interest rates. This is the political and economic logic behind the policy of keeping interest rates well below the rate […]

G-20 News

The G20 Compact with Africa reaffirms its commitment to ensure Africa’s recovery from the Covid-19 pandemic through private sector development and vaccine manufacturing

28-Aug-2021 Participants in a G20 Compact with Africa meeting this week assessed Africa’s progress in tackling the Covid-19 pandemic. “We are meeting at a pivotal moment in relations between Africa and the rest of the world,” said Italian Prime Minister Mario Draghi. The Compact with Africa is a G20 initiative that promotes macroeconomic, trade and […]

Free Trade Zones

SRI LANKA Workers’ rights in special zones suffer from COVID-19

The textile and clothing sector has so far resisted the pandemic and supported Sri Lankan economy through exports. But now unions are complaining that workers in free zones have paid the price and are asking the government to provide more security. Colombo (AsiaNews) – The third wave of COVID-19 is wreaking havoc among textile and […]

Domestic Bonds

Malta’s Financial Stability Report

The Central Bank of Malta last week released the 13th edition of the Financial Stability Report (FSR), which examines and assesses financial conditions and developments in the Maltese financial system. The report primarily assesses the resilience of the local financial system and identifies sources of potential systemic risk. The Financial Stability Report is typically released […]

Trade Wars

UAW President hails ‘union-management’ partnership after Volvo strike is liquidated

Less than a week after United Auto Workers chairman Ray Curry conspired with Volvo Trucks management to end the five-week strike in Virginia and pass a contract previously rejected by workers, he wrote a chronicle in the Detroit News Tuesday titled “UAW Works with Employers for Union Members”. the Detroit News, a Republican-aligned newspaper and […]

Trade Wars

Private equity funds bet on resilience – Opinion

Usman Akhtar and Soegeng Wibowo Singapore / Jakarta ● Wed, July 21, 2021 2021-07-21 01:25 0 c78papa32e3af0945bdb46490a823808e 2 Notice equity market, COVID-19, Asia-Pacific, resilience, loan, NPL, finance Release The COVID-19 pandemic hit Southeast Asian economies in 2020 and prompted private investors to take shelter. The value of transactions fell 26% year-on-year and contracted 16% from […]

Trade Wars

Taliban expand drug trafficking from heroin to methamphetamine

KABUL — The escalation of the war in Afghanistan is directly linked to the multi-billion dollar global trade in illicit drugs, as the Taliban seek to expand and consolidate control over drug production and trafficking and to diversify from methamphetamine heroin, in what an Afghan anti-drug officer called “a coming disaster for the world”. Afghan […]

G-20 News

The International Monetary Fund wins big at the G-20

Headquarters of the International Monetary Fund in Washington, DC, in 2018. (Yuri Gripas / Reuters) But what are the countries he allegedly seeks to help? As Last week’s meeting of G-20 finance ministers in Venice, Italy, ended with one big winner: the International Monetary Fund (IMF). Under the guise of helping countries in their efforts […]

G-20 News

Second meeting of G20 agricultural deputies

As part of the meetings of the Italian Presidency of the G20, the Ministry of Agriculture, Food and Forestry Policies hosted, in virtual format, the second meeting of agricultural deputies on July 13 and 14, 2021. The meeting was opened by Graziella Romito, who reported on the work and meetings of the G20 Chief Agricultural […]

Trade Wars

Cambodia calls for solidarity at the top

Minister of Foreign Affairs and International Cooperation Prak Sokhonn at the Special ASEAN-United States Virtual Summit. MINISTRY OF FOREIGNERS Foreign Affairs and International Cooperation Minister Prak Sokhonn called on the United States to contribute to ASEAN’s efforts to end the Covid-19 pandemic, saying that the ASEAN-United States strategic partnership would benefit “from significantly ”to the […]

Free Trade Zones

Gwadar fast growing gateway

ISLAMABAD: Gwadar, once a backward and impoverished area, is emerging as a hub of connectivity and development. Numerous studies have established that after the completion of the China-Pakistan Economic Corridor (CPEC) road, Gwadar will be one of the most competitive connectivity hubs in the region and beyond. China, the Middle East, North Africa and many […]

Domestic Bonds

AfDB: SDG Acceleration Bonds to Help Close Covid Funding Gaps | News | Eco-Enterprise

The Asian Development Bank (AfDB) encourages developing countries in Southeast Asia to harness the obligations of the Sustainable Development Goals (SDGs), to help the recovery of struggling economies still reeling from the Covid-19 and to help them achieve the United Nations Sustainable Development Goals (SDGs). The Sustainable Development Goals Accelerator Bond (SAB) offers investors a […]

G-20 News

Why G20 leaders must put cities at the heart of stimulus packages

* All opinions expressed in this opinion piece are those of the author and not of the Thomson Reuters Foundation. Urban areas are on the front lines of COVID-19 and climate crises. Now G20 leaders must listen and learn from them Giuseppe Salais is mayor of Milan, Virginia Raggi is mayor of Rome and Anies […]

G-20 News

Yellen to push for global minimum tax at G-20 meeting in Europe

TTreasury Secretary Janet Yellen will discuss the formation of a global minimum tax during a meeting with G-20 finance chiefs this weekend in Venice. Yellen will travel to Europe to participate in G-20 meetings on Friday and Saturday, which aim to strengthen multilateral engagement for a world minimum tax, express support for climate change initiatives […]

Free Trade Zones

GGDA: The African Continental Free Trade Agreement – A Major Momentum to Eradicate Poverty in Africa

The African Continental Free Trade Agreement (AfCFTA) will create the largest free trade area (since the formation of the World Trade Organization), in the world as measured by the number of participating countries. The pact connects 1.3 billion people in 55 countries on the African continent, with a combined gross domestic product (GDP) valued at […]

G-20 News

Groups urge G20 to embrace so-called Brady-style bond swaps against 1980s climate

On Monday, three think tanks will unveil a proposal to avert a looming debt crisis and help heavily indebted countries accelerate their move towards more sustainable growth and a low-carbon economy, as they recover from the COVID-19 pandemic. The debt relief proposal for a green and inclusive recovery is modeled on the so-called Brady bonds […]

Trade Wars

American Image Awards honors leaders in diversity and innovation – WWD

The 2021 Virtual AAFA American Image Awards, which benefits the Fashion Designers Council of America Foundation, on Monday honored companies and individuals who stand up for diversity, inclusion, innovation and global reach . This year’s recipients were HanesBrands as Company of the Year; Walmart as Retail Innovator of the Year; Gabriela Hearst as designer of […]

G-20 News

PREVIEW – Blinken on tour in Europe for forums on Libya, Syria and G-20 meeting

WASHINGTON (UrduPoint News / Sputnik – June 22, 2021) US Secretary of State Antony Blinken tours Europe to participate in the Libya conference, attend G-20 and coalition meetings to fight the terrorist group Islamic State (banned in Russia), join a multilateral discussion on Syria and hold a plethora of bilateral commitments. In Germany, the first […]

G-20 News

Yellen Says Mexican G20 Counterpart Countries Should Support Global Minimum Tax | Invest News

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen met with Mexican Finance Minister Arturo Herrera on Thursday, stressing the importance of securing support from the Group of 20 major economies for a global minimum tax proposal, said the Trésor in a press release. Yellen, whose proposal for a global minimum tax of at least 15% […]

Domestic Bonds

New circular providing advice on conducting electronic tax transactions

On March 18, 2021, the Ministry of Finance promulgated Circular No. 19/2021 / TT-BTC providing guidance on conducting electronic tax transactions (“Circular 19“). General Regulations According to this document, taxpayers can record electronic tax transactions by the following methods: Method 1: Registration for e-tax accounts with the tax authorities via the web portal of the […]

G-20 News

G20 discusses economic risks of climate change, digitalisation and economic recovery

On June 9 and 10, 2021, the fifth meeting of the framework working group focused on the macroeconomic risks associated with climate change and on the relationship between digital transformation and productivity. With just one month away from the meeting of G20 finance ministers and central bank governors, the activities of the G20 working groups […]

Trade Wars

UPDATE 1-After NATO, Biden looks to the EU for renewal of transatlantic relations

* In Brussels, Biden moves to the EU after NATO * Biden could announce truce in Trump-era trade war * Biden will meet the Belgian King, Prime Minister (Redesigns with trade disputes, NATO summit) By John Chalmers and Robin Emmott BRUSSELS, June 15 (Reuters) – US President Joe Biden will step up efforts to renew […]

Free Trade Zones

Indonesian Jokowi approves two special economic zones in Batam, Southeast Asia

SINGAPORE – Indonesian President Joko Widodo has officially granted Special Economic Zone (SEZ) status to a technology park and aircraft maintenance facility in Batam to kick-start economic recovery there amid the Covid-19 pandemic. Nongsa Digital Park, located at the high-end northeastern tip of the island, is said to focus on digital technology and tourism activities. […]

G-20 News

CAPITAL IDEAS: Race to the bottom

US Treasury Secretary Janet Yellen speaks at a press conference after attending the G7 Finance Ministers meeting in London on June 5, 2021. Justin Tallis / Pool via REUTERS Ahead of the weekend of June 5-6, 2021, I enjoyed a discussion about a fully vaccinated (literally) water cooler with Nate and Scott, two of Berkshire […]

Domestic Bonds

Treasury’s insatiable appetite for loans crowds out the private sector

Central Bank of Kenya building on Haile Selasie Road, Nairobi. [Wilberforce Okwiri, Standard] One of the first miracles former President Mwai Kibaki performed when he came to power in 2003 was to turn well-prepared bankers into hawkers. They have been seen pitching tents along the dusty streets of Nairobi, peddling loans to a languid crowd. […]

G-20 News

French President Macron says US is ‘definitely’ back, welcomes Biden to ‘the club’

The heat between President Joe Biden and French President Emmanuel Macron continued to be fully visible on the second day of the G-7 summit in Cornwall, England on Saturday – leaders sat down for a bilateral meeting in the lead – tête-à-tête on the beach and Macron agreeing that America is “definitely” back. “I think […]

Free Trade Zones

Sri Lankan unions keep dead silence on criminalization of industrial action

Two weeks ago, on May 27, Sri Lankan President Gotabhaya Rajapakse used the Essential Public Services Act (EPSA) to ban industrial action in the port, oil, gas, rail and bus transport sectors, as well as in government administrative offices at the district level, state banks, insurance companies and customs-related services. On June 2, he issued […]

Domestic Bonds

3 things to watch out for when the ECB meets on Thursday

Text size European Central Bank President Christine Lagarde arrives to attend a plenary session at the European Parliament in Brussels, Belgium, Feb.8, 2021. POOL / AFP via Getty Images President Christine Lagarde can be expected to avoid mentioning the word charged – tapering – on Thursday after the regular meeting of the European Central Bank’s […]

Trade Wars

Luxury brands rethink e-commerce strategies as pandemic affects in-store retail

Trade wars and Brexit also create challenges for the luxury sector, according to Hogan Lovells webinar Andrey_Popov; Shutterstock The Covid-19 pandemic has forced luxury brands to embrace e-commerce faster and rethink how they can deliver an exclusive and personalized experience online, according to Pamela Weinstock, an expert in entertainment and fashion law. Weinstock – speaking […]

G-20 News

Exclusive: UK to charge special drawing rights to aid budget – sources

British Chancellor Rishi Sunak greets G-7 finance ministers in London. Photo by: Her Majesty’s Treasure / CC BY-NC-ND While the new allocation of Special Drawing Rights slated for later this year is seen as an opportunity to provide much needed additional development assistance, the UK government may consider using the redistribution of these reserve assets […]

Free Trade Zones

FTZ Solidarity demands priority for vaccines

Workers engaged in services within free zones (FTAs) should be given priority in the Covid-19 vaccination program, while PCR tests should be carried out regularly and urgently in these zones, the solidarity of the free zones (2). They also said hygiene maintenance methods in factories should be improved, while people identified as infected should be […]