In a significant development, Britain’s new aircraft carrier the HMS Queen Elizabeth made a pit stop in Singapore as part of a move to boost Britain’s military presence in Asia midst rising tensions in the region. The aircraft carrier led… Read More ›
global trade
China applies to join the CPTPP
In a statement China’s Commerce Ministry said, China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The Chinese move is aimed at bolstering its clout in global trade. The application was made by… Read More ›
South Korea’s exports extends double digit growth, trade surplus at $4.44 billion
Exports from South Korea have grown consistently across 4 quarters, posting a double digit growth in June, propelled by a strong economic recovery in major markets globally and continued strong demand for memory chips and automobiles. In June, South Korean… Read More ›
Business travel likely to grow by 21% in 2021: Global Business Travel Association
On Tuesday, according to a business travel association, business travel spending is likely to grow by 21% this year globally thanks to the rollout of COVID-19 vaccines; however, it is unlikely to recover to pre-pandemic levels until at least the… Read More ›
China’s exports rises for 3rd consecutive months, exceeds market expectations
On Monday, in August with more countries relaxing coronavirus lockdowns, exports from China have risen for the third consecutive month by 9.5% from a year earlier, according to customs data, marking the strongest gain since March 2019. China’s imports have… Read More ›