#asia

South Korea Ratifies Cambodia Trade Deal

GTDW FDI Trade & Supply Chain Digitalisation News

2 days ago
1 min

South Korea Ratifies Cambodia Trade Deal

The South Korean National Assembly on September 27 ratified the Cambodia-Korea Free Trade Agreement (CKFTA), fuelling hopes for an export boom to Asia’s fourth largest economy. The CKFTA is to become effective 60 days after both sides have completed their internal procedures and deposited their respective instrument of ratification (IoR), a document by which a country formally agrees to be bound by a treaty. After the Cambodia-China Free Trade Agreement (CCFTA), the CKFTA is

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Chinese Carmakers Pour Into ASEAN - One Of The Next EV Global Growth Markets

GTDW FDI Trade & Supply Chain Digitalisation News

3 days ago
2 min

Chinese Carmakers Pour Into ASEAN - One Of The Next EV Global Growth Markets

An intense competitive battle is starting to take shape in Southeast Asia's electric vehicle (EV) market between incumbent Japanese automakers and new entrants from China, Korea, and domestic players in the region. With a population of about 675 million, this is a prize worth fighting over. Annual passenger vehicle sales in the region are expected to more than double by 2040 to about five million as the population and these economies grow. Today, affordable cars from Japanese

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Visualized: The World’s Population at 8 Billion

GTDW FDI Trade & Supply Chain Digitalisation News

4 days ago
1 min

Visualized: The World’s Population at 8 Billion

At some point in late 2022, the eight billionth human being will enter the world, ushering in a new milestone for humanity. In just 48 years, the world population has doubled in size, jumping from four to eight billion. Of course, humans are not equally spread throughout the planet, and countries take all shapes and sizes. The visualizations in this article aim to build context on how the eight billion people are distributed around the world. Asia’s Population by Country With

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High-Tech FDI Drives Vietnam’s Economic Evolution

GTDW FDI Trade & Supply Chain Digitalisation News

5 days ago
2 min

High-Tech FDI Drives Vietnam’s Economic Evolution

High-tech foreign investments will continue to propel Vietnam’s economic growth for years to come, Michael Kokalari, chief economist at investment fund VinaCapital, has said. Vietnam’s economic growth has been accelerating this year, and so the World Bank (WB), International Monetary Fund (IMF) and others have sharply revised up their GDP growth forecasts for the country, with an increasing number of economists now expecting it to exceed 8% this year. This has prompted invest

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GTDW FDI Trade & Supply Chain Digitalisation News

5 days ago
2 min

ADB: For First Time In 30 Years, Asia’s Developing Economies Set To Grow Faster Than China’s

In a press briefing this week, Asian Development Bank Chief Economist Albert Park dropped something of a geopolitical bombshell: China is growing slower than Asia’s developing economies for the first time in more than three decades. - Asian Development Bank now sees growth among emerging Asian economies of 4.3% in 2022 and 4.9% in 2023. - ADB expects the rest of developing Asia excluding China to grow by 5.3% in both 2022 and 2023, while it now expects China to grow by 3.3% i

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ASEAN Investment Report 2022 - UNCTAD & ASEAN Secretariat

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 21
2 min

ASEAN Investment Report 2022 - UNCTAD & ASEAN Secretariat

ASEAN recorded a robust rebound in Foreign Direct Investment (FDI) inflows, surging by 42 percent to reach US$ 174 billion in 2021. This increase to near pre-pandemic levels reverses the decline in 2020 caused by the COVID-19 outbreak and reflects the attractiveness of the region’s economy for global investors. With a large market and strong regional integration, ASEAN remains a major FDI destination in the developing world – second only to China – and will play an important

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GTDW FDI Trade & Supply Chain Digitalisation News

Sep 19
1 min

Resource - Will World's Biggest Free Trade Deal (RCEP) Succeed? | World Economic Forum: Panel

On 1st January 2022, the Regional Comprehensive Economic Cooperation (RCEP) kicked off, making ASEAN plus China, Japan and South Korea home to the biggest free trade deal in the world. But will this agreement create more jobs and help fight inflation? Or will it struggle to even get off the ground? Hear from panelists including Muhammad Lutfi, Indonesia Trade Minister, and Tak Niinami, CEO of Suntory, in this panel from the World Economic Forum titled “The Biggest Trade Deal

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FDI: What Is Agritech? Driving The Future Of Food

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 15
1 min

FDI: What Is Agritech? Driving The Future Of Food

Food security and alternative technologies for food production have become increasingly important for governments and businesses, excellent article by Marina Leiva Investment Monitor Simply put, agricultural technology, or agritech, is the application of technology to produce more with less, to make the farming process more efficient, from field monitoring to the food supply chain itself. Dr David Rose, Elizabeth Creak associate professor of agricultural innovation and extens

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Report: SE Asia Leads Adoption Of New Tech - Steady Rise In FDI Is Testament To Investor' Confidence

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 13
2 min

Report: SE Asia Leads Adoption Of New Tech - Steady Rise In FDI Is Testament To Investor' Confidence

Meta and Bain & Company report unveils key digital consumer insights as eCommerce outlook across the region remains positive and digital consumer population continues to grow! Southeast Asia’s long-term outlook remains robust with the region’s projected GDP growth from 2022 to 2023 forecast to outpace most other markets such as the US, the EU, and China. This is according to Bain & Company and Meta ’s annual SYNC Southeast Asia report which looks at the digital economy and th

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GTDW FDI Trade & Supply Chain Digitalisation News

Sep 12
1 min

ASEAN: Foreign Investment Boom

The world is setting its eyes on ASEAN as it emerges as one of the fastest-growing regions around the world. But can ASEAN truly live up to its potential? Let us know your thoughts in the comments! #trade #globaltrade #fdi #investment #asean #asia #economy #economicdevelopment

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ADB Report: Key Indicators for Asia and the Pacific 2022

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 9
1 min

ADB Report: Key Indicators for Asia and the Pacific 2022

This publication provides updated statistics on a comprehensive set of economic, financial, social, and environmental measures as well as select indicators for the Sustainable Development Goals (SDGs). The report covers the 49 regional members of ADB. It discusses trends in development progress and the challenges to achieving inclusive and sustainable economic growth across Asia and the Pacific. This 53rd edition looks at how most economies in the region have bounced back to

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AMRO - Thailand: Firming Recovery but Risks and Structural Challenges Remain

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 8
1 min

AMRO - Thailand: Firming Recovery but Risks and Structural Challenges Remain

Thailand’s recovery is gaining momentum on the back of strengthening domestic demand and a stronger rebound in tourist arrivals. However, concerns over the slowing global economy, prolonged supply-chain disruptions and high inflation weigh on its prospects. As fiscal and monetary policy support are gradually withdrawn, policymakers will need to prioritize its post-pandemic recovery efforts and deal with the long-term challenges posed by the economic scars, rapidly aging popul

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GTDW FDI Trade & Supply Chain Digitalisation News

Sep 7
1 min

China FDI falls to new low

Greenfield foreign direct investment (FDI) into China has fallen to a new record low in the first half of 2022 amid geopolitical tensions, draconian zero-Covid measures and the country’s structural transition to an economy driven by domestic demand. Foreign investors in China have announced 110 projects worth $6.2bn in the first six months of the year, which stands at about half the level of investment recorded in the first half of 2021 and 2020, both in terms of project numb

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FDI in Asia-Pacific in 2021: The state of play

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 24
1 min

FDI in Asia-Pacific in 2021: The state of play

Asia-Pacific FDI levels returned to growth in 2021, with the number of projects coming into the region rising by 17%, according to the Global FDI Annual Report 2022. The Global FDI Annual Report 2022, produced by GlobalData and Investment Monitor, shows the number of greenfield foreign direct investment (FDI) projects into the Asia-Pacific region grew by 17% in 2021, totalling 3,419. However, this is still well below the level experienced in 2019, before the Covid-19 pandemic

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Need A Partner For Export Development In Asia?

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 23
1 min

Need A Partner For Export Development In Asia?

Annually our team supports 100+ governments & companies on export and economic development programs across the Asia Pacific region, facilitating export and market access. Our export development programs are led by regional experts and include; Market Access Reports & Advisory Sector Analysis & Market Advisory Listing of Prospective Distributors, Partners & Investors Outreach and Facilitating Meetings With Prospective Distributors, Partners & Investors Company In-market Repres

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Cambodia: Resilient Growth Backed by Strong Fiscal Stimulus and High Vaccination Rates

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 22
2 min

Cambodia: Resilient Growth Backed by Strong Fiscal Stimulus and High Vaccination Rates

The early lifting of COVID-19 restrictions boosted domestic activity while strong external demand supported its recovery in the first half of 2022. As the economy recovers and COVID-19 becomes endemic, it will be vital to refocus policy toward structural reforms that will help improve the long-term growth potential of the economy. This preliminary assessment was made by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to Cambodia from July

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Apple suppliers to make Apple Watch and MacBook in Vietnam

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 19
1 min

Apple suppliers to make Apple Watch and MacBook in Vietnam

Apple Inc's suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, citing people familiar with the matter. Apple's Chinese supplier Luxshare Precision Industry and Taiwan-based Foxconn have started test production of Apple Watch in northern Vietnam, the report added. Apple has asked suppliers to set up a test production line in Vietnam for the MacBook, the report said, adding that progress in moving mass produ

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China posts record $101 billion trade surplus but export boom could fade

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 10
1 min

China posts record $101 billion trade surplus but export boom could fade

China's export sector delivered robust growth in July, providing much-need support for the world's second largest economy that is almost certain to miss its GDP target this year. Exports measured in US dollars jumped 18% in July from a year ago, marking the fastest pace of growth this year, according to Chinese customs statistics released on Sunday. Analysts polled by Reuters had forecast a 15% increase. In June, exports increased 17.9%. Imports, meanwhile, grew 2.3% from a y

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GTDW FDI Trade & Supply Chain Digitalisation News

Aug 9
1 min

The Trade War Within China

Local protectionism is pernicious and persistent Although many are embarrassed to admit it, foreign correspondents learn a lot from taxi drivers. In China economic correspondents can also learn a lot from the taxis themselves. Most cabs in Beijing are Hyundai Elantras. In Shanghai they are often the Volkswagen Touran or Passat. And in Wuhan they are commonly Citroën Elysées. In each case, the explanation is the same. These foreign brands have joint ventures with local state-o

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Vietnam Trade Recovers from Covid in 1st Half of 2022.

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 4
1 min

Vietnam Trade Recovers from Covid in 1st Half of 2022.

After undergoing one of the toughest Covid-19 lockdowns in the world during 2021, Vietnam’s economy appears to be headed toward a full recovery, according to an analysis of first-half 2022 imports and exports by Trade Data Monitor, the world’s premier source of trade statistics. Vietnamese imports increased 15.5% year-on-year to $185.3 billion during the first six months of 2022. Meanwhile, exports rose 17.3% to $186 billion, preserving Vietnam’s slight trade surplus. To boot

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