Asian nations to sign pact eliminating import tariffs
Nov 14, 2020 14:45 pm UTC| Economy
Asian leaders are due to sign a trade deal dubbed the Regional Comprehensive Economic Partnership (RCEP) this weekend that seeks to eliminate a range of tariffs on imports within 20 years. It also includes provisions on...
A circular economy could end waste – at the cost of our privacy
Nov 10, 2020 05:49 am UTC| Economy
In a circular economy, we wouldnt have any waste or pollution. Instead, everything we make and all our byproducts would be reused or repurposed, helping to end the over-exploitation of our finite resources and damage to...
S. Korean exporters to be burdened by soaring freight rates next year
Nov 09, 2020 22:30 pm UTC| Economy
South Korean exporters are expected to suffer from soaring freight rates throughout next year as leading shipping firms reduce business due to the pandemic while the US and China push up demand. Demand for shipping...
Surging freight rates lift share prices of S.Korean shippers
Nov 09, 2020 09:41 am UTC| Economy
Increasing freight rates boosted share prices of South Korean shippers, led by HMM Co., with investors seeing improved earnings down the road. On Friday, the Shanghai Containerized Freight Index reached 1,664.56,...
S. Korean firms urged to shift some exports and investments from Vietnam to Malaysia
Nov 09, 2020 06:44 am UTC| Economy
South Korean companies were urged by the Korea International Trade Association (KITA) to diversify their Southeast Asian exports and investments focus on Malaysia due to possible tariffs to be imposed by the US on...
South Africa has failed to harness the digital revolution: how it can fix the problem
Nov 08, 2020 11:23 am UTC| Economy
The COVID-19 pandemic has precipitated a migration from physical work spaces in many sectors of the economy to online, digital services, supported by staff working from home. Parts of the economy such as mining,...
How working from home could revitalise rust belt cities
Nov 08, 2020 10:56 am UTC| Economy
For years, we have been promised a work-from-home revolution, and it seems that the pandemic has finally brought it to pass. In April this year, at the height of the first wave of coronavirus, 47% of people in the UK were...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
The Mattei Plan: why Giorgia Meloni is looking to Africa
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight