#economicdevelopment

ASEAN ahead of EU & US as China's largest trading partner in 2020

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 14, 2021
2 min

ASEAN ahead of EU & US as China's largest trading partner in 2020

ASEAN countries have jumped to be the number one trading bloc with China in 2020, with the trade volumes hitting 4.74 trillion yuan ($731.9 billion), a 7 percent growth year-on-year, Chinese Customs spokesman Li Kuiwen told a press conference on Thursday, making ASEAN China's largest trading partner for the first time and making China ASEAN's largest trading partner for 12 years in a row. With the demonstration the huge potential and strong resilience of China-ASEAN cooperati

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The future of FDI: drivers and directions to 2030

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 8, 2021
2 min

The future of FDI: drivers and directions to 2030

UNCTAD's James Zhan identifies the factors that will shape the coming decade in FDI, published by FDI Intelligence Over the past two decades, global value chains witnessed one of rapid growth followed by one of stagnation. The decade to 2030 is likely to be one of transformation for global value chains (GVCs), reshaping the global trade and investment landscape. The pandemic has caused a treble shock of supply, demand and policy. It has a severe impact on FDI and GVCs. I woul

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FDI Trends & Outlook In Asia & The Pacific 2020/2021, UNESCAP

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 31, 2020
2 min

FDI Trends & Outlook In Asia & The Pacific 2020/2021, UNESCAP

The investment landscape in Asia and the Pacific has become increasingly uncertain and tied to the unfolding of current global and regional political economic risks, such as increased trade tensions, the retreat of multilateralism, and health risks resulting from the COVID-19 pandemic. Together, these risks have disrupted global foreign direct investment (FDI) flows to, from and within Asia and the Pacific. HIGHLIGHTS • Globally, both FDI inflows and outflows started to recov

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Top five trends in FDI to look out for in 2021

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 29, 2020
3 min

Top five trends in FDI to look out for in 2021

Foreign direct investment has been hard hit in 2020, with levels plummeting by 40–50%. Investment Monitor has identified five key trends to keep an eye on in 2021. 1. FDI will continue to struggle in 2021 The UN Conference on Trade and Development (UNCTAD) stated in June 2020 that it is expecting FDI volumes to decline by 5–10% in 2021. Investment will be highly dependent on Covid-19 recovery. The news in December 2020 of new nodes of the virus has dampened hopes that progres

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Ranked: The Most Valuable Nation Brands in 2020

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 17, 2020
1 min

Ranked: The Most Valuable Nation Brands in 2020

In today’s heavily interconnected world, a country’s reputation can have a big impact on its overall economic prosperity. In fact, a country’s reputation—its brand—is arguably one of its most important assets. A strong nation brand has the power to boost tourism, attract and retain talent, and potentially bring in foreign investment. This graphic uses data from Brand Finance’s Nation Brands 2020 report, which attempts to quantify the reputations of different countries around

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GTDW FDI Trade & Supply Chain Digitalisation News

Dec 9, 2020
1 min

Asia Pacific FDI, Trade & Investment Newsletter

Trade & investment in the Asia Pacific region has seen significant steps forward in November! RCEP: The signing of the 15 country RCEP trade agreement will shape global economics and politics at a time that intra-asian trade already outweighs that of all other regions the reliance on western markets has lost some significance of late. Global Economy Being Redrawn By Chinese Export Boom: Latest November China Trade Data insights from our partners at Trade Data Monitor, authore

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GTDW FDI Trade & Supply Chain Digitalisation News

Dec 9, 2020
2 min

RCEP: The Future of Trade in Asia

INSIGHTS: Trans-Pacific View author Mercy Kuo regularly engages subject-matter experts, policy practitioners and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This conversation with Dr. Peter Petri – Carl J. Shapiro professor of international finance in the Brandeis International Business School; non-resident senior fellow at the Brookings Institution and its John L. Thornton China Center; and co-editor of “Toward Northeast Asian Integ

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Global Economy Being Redrawn By Chinese Export Boom

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 8, 2020
3 min

Global Economy Being Redrawn By Chinese Export Boom

Latest November China Trade Data insights from our partners at Trade Data Monitor, authored by Chief Economist, John W Miller - For a copy of November's trade data email: globaltrade@kwconfex.com What has been building all year exploded into a crescendo in November, as China registered the biggest month of exports in economic history. Buoyed by a rebounding economy as the U.S. and Europe continue to struggle with containing the coronavirus, Beijing reported shipments of $268

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ASEAN and EU's new online Customs Transit System set to boost trade in the ASEAN region

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 3, 2020
2 min

ASEAN and EU's new online Customs Transit System set to boost trade in the ASEAN region

The private sector in ASEAN now has access to a powerful new online system, the ASEAN Customs Transit System (ACTS), which will reduce intra-ASEAN trading challenges and enable companies to benefit fully from the ASEAN Economic Community (AEC) and the free movement of goods across the ASEAN region. In 2017, ASEAN Economic Ministers set the twin goals of reducing trade transaction costs by 10% by 2020 and doubling intra-ASEAN trade between 2017 and 2025. To realise this goal,

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OECD - Getting goods across borders in times of COVID-19

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 2, 2020
2 min

OECD - Getting goods across borders in times of COVID-19

This note updates Trade facilitation and the COVID-19 pandemic from April 2020 with insights into the evolution of new border protocols and trade facilitation measures impacting traders since COVID-19 and exploring what more can be done to prepare for the next stages of the pandemic as uncertainty persists. It highlights the importance of transparency and availability of timely trade-related information in mapping bottlenecks and risks, as well as the importance of trade faci

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World Bank & WAIPA - State of Investment Promotion Agencies Report

GTDW FDI Trade & Supply Chain Digitalisation News

Nov 5, 2020
1 min

World Bank & WAIPA - State of Investment Promotion Agencies Report

With the growing importance of foreign direct investments (FDI) for accelerating development, to eradicate unemployment and increase exports, many governments around the world have established investment promotion agencies (IPAs) to attract, advocate and facilitate investment in their countries. As often being the first entity contacted by investors and serving as an intermediate between foreign investors and the government, they have one of the key roles in the overall site

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GTDW FDI Trade & Supply Chain Digitalisation News

Oct 30, 2020
2 min

CAN FDI DATA BE TRUSTED?

Irregularities in the data saw the withdrawal of this year's World Bank Doing Business report. Investment Monitor delves into the world of FDI data to assess whether the numbers can be trusted. The withdrawal of the World Bank’s Doing Business report this year sparked alarm among investors and policymakers the world over. The bank is currently investigating ‘irregularities’ in recent editions that affected the rankings of China and Saudi Arabia, among others. The level of con

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AT THE CENTRE OF FDI, TRADE & INVESTMENT IN ASIA FOR 10 YEARS

GTDW FDI Trade & Supply Chain Digitalisation News

Oct 16, 2020
1 min

AT THE CENTRE OF FDI, TRADE & INVESTMENT IN ASIA FOR 10 YEARS

Asian markets are seeing a robust resilience through the current covid, trade wars & associated economic turbulence. With strong intra regional trade, developing local economies, free trade agreements, booming e-commerce and China +1 Asia Pacific economies offer fantastic opportunities through domestic and international growth but remain complex to access and in many cases language and bureaucratic red tape can be key factors to deter international FDI and market access. We

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China has its own '+1' strategy and Southeast Asia is it

GTDW FDI Trade & Supply Chain Digitalisation News

Oct 12, 2020
2 min

China has its own '+1' strategy and Southeast Asia is it

Interesting perspectives on China +1, an often misunderstood economic & trade reality that is based on high value market growth in SE Asia and no longer just based on cheap labour and manufacturing costs. Increasingly, Chinese companies are finding the region an appealing alternative to compensate for their loss in market growth elsewhere, say Dr Lau Kong Cheen and Dr Vanessa Liu. There is a concept among the business community known as the “China Plus One (+1)” strategy wher

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Why trade matters for African development

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 5, 2020
2 min

Why trade matters for African development

A repository of real-time information on current trade negotiations is needed to track the rules that shape development outcomes in Africa, writes David Luke Trade is central to development in Africa. A long history of economic thought, theory and practice underpins this proposition. However, I do not seek to interrogate the foundational principles of international trade, but rather to highlight issues that underscore the key role of trade as a driver of growth, sustainable d

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Digitalization and Singapore’s Role as an FDI Hub

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 4, 2020
2 min

Digitalization and Singapore’s Role as an FDI Hub

The COVID-19-induced economic recessions worldwide have put downward pressure on cross-border investments. FDIs in emerging and developing economies in Asia are projected to subside by up to 45 percent in 2020 according to the UNCTAD’s World Investment Report 2020. However, the pandemic has also led to the emergence of a “new normal”, brought about by the reinforcement of digital technology and e-commerce. Prior to the pandemic, emerging Asia was booming and regional corporat

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Hyundai Motor to Make Electric Cars in Singapore

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 20, 2020
2 min

Hyundai Motor to Make Electric Cars in Singapore

An interesting move that will see auto manufacturing return to Singapore after 40 years also underlining its investments in the regions leading ride-hailing firm Grab Hyundai Motor Co. will manufacture electric vehicles in Singapore starting in 2022, the Straits Times reported. The Seoul-based automaker will produce 30,000 electric cars a year at the Singapore plant, with as many as 6,000 set to be sold in the city-state, the newspaper said, citing Teo Hock Seng, executive ch

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Vietnam: New immigration law looks to attract investment

GTDW FDI Trade & Supply Chain Digitalisation News

Jul 13, 2020
2 min

Vietnam: New immigration law looks to attract investment

Vietnam’s new immigration law includes a new type of visa for foreigners who come to Vietnam to conduct activities as part of international agreements Vietnam has signed. Hanoi (VNS/VNA)- Vietnam’s new immigration law includes a new type ofvisa for foreignerswho come to Vietnam to conduct activities as part of international agreements Vietnam has signed. The change is expected to facilitate the implementation of new agreements that Vietnam has signed such as theEU-Vietnam Fre

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Asia FDI & Economic Development Training Series Announced!

GTDW FDI Trade & Supply Chain Digitalisation News

May 28, 2020
2 min

Asia FDI & Economic Development Training Series Announced!

Due to the unparalleled success of Conway’s recent Training Webinars in Latin America, North America & EMEA we will be running our next series dedicated to the Asia Pacific Region in June as part of the Conway-KW Group partnership towards FDI, Trade & Economic Recovery. This series is developed for Investment Promotion Agencies (IPAs), National Development Organisations and Free Trade Zones to educate participants on how best to work effectively to promote their community dur

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Economic development leaders Conway Inc announces major partnership with KW Group in Asia

GTDW FDI Trade & Supply Chain Digitalisation News

May 20, 2020
3 min

Economic development leaders Conway Inc announces major partnership with KW Group in Asia

US based economic development-investment promotion industry firm Conway Inc announces major new partnership with Malaysia based KW Group Events & Advisory to expand in Asia Pacific. We are delighted to jointly announce a new regional agreement between Conway Inc (US) Publisher of Site Selection Magazine & Conway FDI Advisory, Consulting, Training & Events with Malaysia based KW Group Sdn Bhd Exhibitions & Advisory to represent and support the growth of Conway across the Asia

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