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HKIA, Cathay Pacific register strong cargo growth in first half

HKIA, Cathay Pacific register strong cargo growth in first half

Jul. 20 | The cargo segment of Hong Kong’s aviation sector has been doing very well in the first half of the year, the strong performance expected to continue going into the peak season. Hong Kong International Airport (HKIA) recorded significant growth in cargo...

Higher exports improve growth outlook for Asia

Higher exports improve growth outlook for Asia

Jul. 20 | Economic growth prospects in developing Asia for 2017 have improved on the back of stronger-than-expected export demand in the first quarter of this year, according to a new Asian Development Bank (ADB) report. In a supplement to its Asian Development...

DP World tapped to assist in Indonesia’s port development

DP World tapped to assist in Indonesia’s port development

Jul. 19 | The Indonesian government has hired global port operator DP World to provide technical assistance in the development of ports in the country. Under the agreement signed July 16, 2017, DP World will be advising the Indonesian government and local port...

ASEAN eyes integrated approach to market surveillance of NAWIs

ASEAN eyes integrated approach to market surveillance of NAWIs

Jul. 19 | Officials of legal metrology authorities from ASEAN member states have agreed to develop a document that will outline possible approaches to market surveillance of non-automatic weighing instruments (NAWIs) in the region. The agreement was struck during...

Shippers, forwarders reluctant to go digital at risk of losing out, says exec

Shippers, forwarders reluctant to go digital at risk of losing out, says exec

Jul. 19 | Forwarders and shippers unwilling to implement digital supply chain solutions will increasingly be left behind by rivals able to generate cost savings and service improvements through new technologies, warns an industry executive. “It’s not about...

Vietnam’s 2017 exports predicted to hit $200 billion

Vietnam’s 2017 exports predicted to hit $200 billion

Jul. 19 | The Ministry of Industry and Trade of Vietnam is forecasting exports this year to exceed targets and reach US$200 billion, as both price and volume have been rising in recent months. In the first six months of 2017, export turnover reached $97.7 billion,...

Study identifies 8 ‘digital elites’ of economic world

Study identifies 8 ‘digital elites’ of economic world

Jul. 17 | A new research unveils the eight stand-out digital economies of 2017, pointing out that they have the edge in further advancement and increased competitiveness in the technological age. Singapore, the United Kingdom, New Zealand, the United Arab Emirates,...

Check with IMO before drafting measures protecting high seas, shipping asks UN

Check with IMO before drafting measures protecting high seas, shipping asks UN

Jul. 17 | The International Chamber of Shipping (ICS) said the ongoing work at the United Nations to develop measures to protect marine life in “high seas” beyond national jurisdiction should not overlook the interests of shipping, an industry already amply...

WCO, WTO eye stronger partnership in trade facilitation

WCO, WTO eye stronger partnership in trade facilitation

Jul. 17 | The World Trade Organization (WTO) and the World Customs Organization (WCO) have agreed to further enhance their collaboration in support of trade facilitation. On the margins of the 6th Global Review of Aid for Trade on July 11-July 13, WCO Secretary...

Singapore, HK most open markets in latest ICC index

Singapore, HK most open markets in latest ICC index

Jul. 15 | Singapore, Hong Kong, and Luxembourg lead the list of the world’s most open markets for 2017, with only one of the G20 economies making it to the top 20, according to a new report by the International Chamber of Commerce (ICC). The ICC-commissioned...
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