Indonesia’s RCEP opportunities led by apparel, risks for autos
S & P Global The signing of the Regional Comprehensive Economic Partnership (RCEP) trade deal by 15 countries creates the largest managed trade area in the world, following eight years of negotiations. As discussed in Panjiva’s research of Oct. 2 the deal represents a China-led attempt to define the rules of trade in Asia. It remains to be seen whether President-elect […]
New Asian trade bloc could play key role in driving investment
Modern Diplomacy A new trade bloc covering a huge swathe of the Asia-Pacific region will play an important role in developing poorer economies and in post-pandemic stimulus, according to a report published on Monday by the UN Conference on Trade and Development (UNCTAD). The Regional Comprehensive Economic Partnership agreement (RCEP) was signed on Sunday by 15 […]
Asia forms world’s biggest trade bloc, a China-backed group excluding U.S.
The chronicle herald HANOI (Reuters) – Fifteen Asia-Pacific economies formed the world's largest free trade bloc on Sunday, a China-backed deal that excludes the United States, which had left a rival Asia-Pacific grouping under President Donald Trump. The signing of the Regional Comprehensive Economic Partnership (RCEP) at a regional summit in Hanoi, is a further […]
How to prevent disruptions in food supply chains after COVID-19
Canadian Grocer Almost all businesses involved in the food supply chain have experienced effects ranging from a mild shock to severe disruptions during the COVID-19 pandemic, and further disruptions may be ahead during the second wave. Yet not all organizations have learned critical lessons, and history shows us some companies are destined to remain unprepared […]
COVID-19 could revolutionize the in-store experience, too
Canadian Grocer The COVID-19 pandemic rapidly accelerated consumer interest in e-commerce and has made clear that the shift towards online grocery retail has staying power. The vast sums of capital that leading grocery retailers are pouring into investments in technology, fulfillment centres and omnichannel strategies are evidence enough; Walmart Canada plans to invest $3.5 billion […]
Why push for women-led businesses intensifies
The National The International Trade Centre (ITC) puts the share of women-owned companies participating in international trade at 20 per cent. It also said an estimated one billion women are unable to fully participate in the global economy. In the developing countries, including Nigeria, about 36 per cent of Micro, Small and Medium Enterprises (MSMEs) […]
Services sector vital to COVID-19 economic recovery
UNCTAD A strong and better economic recovery from the COVID-19 pandemic requires governments to make the services sector a key element in their policy mix. Services play a key role in increasing productivity, efficiency and effectiveness in the whole economy. Globally, services represent two-thirds of economic output, more than half of the world’s jobs and […]
Minister Ng announces new measures to help Canadian small businesses access global markets amid COVID-19
Government of Canada Helping Canada’s small businesses go global is key to driving economic recovery. Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, announced new actions to help Canadian businesses grow while navigating the challenges of the COVID-19 pandemic in the global marketplace. The Government of Canada launched the […]