Page 11 - Development Unctad News Today

THE digital economy needs to have a conducive environment for trading given that it provides new opportunities, in addition to greater participation, to companies of all sizes, the World Trade Organization (WTO) and World Bank (WB) Group said. In a joint policy note titled “The Role of Trade in Developing…

Ravaged by the fallout from Covid-19, countries in Asia and the Pacific are hoping to revitalise their pandemic-hit economies as the Regional Comprehensive Economic Partnership (RCEP) takes effect to create the world's largest trade bloc.

DELAYING the participation or opting out from the Regional Comprehensive Economic Partnership (RCEP) may send the wrong signal that the Philippines is not keen on cross-border cooperation, said the Department of Trade and Industry (DTI), which has been lobbying for the trade deal’s ratification. In a statement on Tuesday, Trade…

THE United Nations Conference on Trade and Development (Unctad) called for the creation of a centralized repository for open-source technologies to assist developing countries in achieving sustainable economic recovery from pandemic. In a policy brief, Unctad said open-source technologies are crucial in supporting digital transformation and production of goods that…

THE Philippines may lose $100 million worth of exports within the Regional Comprehensive Economic Partnership (RCEP) region with the implementation of the mega trade deal, said a report by the United Nations Conference on Trade and Development (Unctad), which nonetheless said the gains from joining it far outweighs the losses.…

Consumers in developing countries will be hit hard by increased cost of goods next year on account of a sharp rise in freight charges.

The UAE’s non-oil foreign trade for the whole of 2021 is projected to record a higher growth rate than the pace of surge registered during the first six months on th...

Nov 30, 2021 - The excessive rise in maritime freight rates since the second half of2020, due to the lack of container ships to transport the goods, will bringa worldwide incr

DESPITE seeing double-digit growth for 2021, the global trade outlook for next year is still “very uncertain” due to economic recovery losing momentum and continuing logistic disruptions in pandemic, the United Nations Conference on Trade and Development (Unctad) said. In its November Global Trade Update, Unctad said the pace of…

THE Philippines ranked the poorest in majority of the indicators that foreign direct investors use in choosing which country to put their capital in for long-term investments, a recent research paper showed. In the Philippines Institute for Development Studies (PIDS) Public Research Forum on Wednesday, the Bangko Sentral ng Pilipinas…