trade

NODX makes surprise plunge in Oct.

A substantial surge in electronics shipments propelled Singapore’s NODX in September 2020

Things are looking up for Singapore’s trade sector, with NODX expanding 7.7% in August 2020.

Blockchain could shake up a slow and archaic trade financing system at lower prices.

An even stronger and better Singapore will emerge from this crisis, said Lee.

Surprisingly, there is not one of the 36 Strategies that adequately describes the complex relationship between the Chinese imposition of high tariffs on Australian barley and US trade policy.

During the meeting, co-chairs Minister for Manpower and Second Minister for Home Affairs Josephine Teo and Chongqing Mayor Tang Liangzhi discussed the progress achieved by the CCI since its launch, and discussed the initiative’s next steps.

China is a much bigger part of the global economy and markets than it was 17 years ago. China’s share of global trade also rose to 11% in 2018 from 5% in 2003, based on World Bank statistics.

Singapore, a city-state heavily dependent on trade, had been one of the most outspoken countries in Asia calling for the U.S. and China to reach a trade deal.

(Dec 9): The new buzzword in global commerce is “digital trade”. And with new technologies such as 5G, artificial intelligence (AI) and blockchain gaining traction, the chatter around getting global trading digitally enabled is getting louder. The rap