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UNCTAD: Global trade to contract by 5% in 2023

December 13, 2023

Global trade is set to contract by 5% in 2023 compared to last year, the United Nations trade body said on Monday, with an overall pessimistic forecast for 2024.

WTO lowers trade forecast as tensions unsettle global economy

October 02, 2019

Escalating trade tensions and a slowing global economy have led World Trade Organization (WTO) economists to sharply downgrade their forecasts for trade growth in 2019 and 2020. World merchandise trade volumes are now expected to rise by only 1.2 per cent in 2019, substantially slower than the 2.6 per cent growth forecast in April.

'Some positive signs' for Thailand in ICT sector

SATURDAY, SEPTEMBER 07, 2019

Growth in value-addition of Thailand's ICT sector as a share of GDP was negative, but Thailand is among the top 10 countries having high value-addition in ICT manufacturing, according to a UN agency report.

TRADE WAR: Supachai seeks focus on SMEs amid uncertainties

WEDNESDAY, SEPTEMBER 26, 2018

THAILAND, as an export-dependent economy, needs to adjust its strategic policies and support small and medium enterprises against uncertainties and the threat of global capital outflows, experts warned Wednesday.

Asean urged to champion free trade

MONDAY, JULY 02, 2018

ASEAN and the broader East Asian region could play a leading role in promoting freer trade and investment flows amid a rising tide of protectionism, the chief of the UN’s trade and development arm said.

Alibaba’s Jack Ma named UNCTAD special adviser on trade

WEDNESDAY, SEPTEMBER 21, 2016

Jack Ma, founder and executive chairman of Alibaba Group, has been named special adviser to the United Nations Conference on Trade and Development (UNCTAD) on youth entrepreneurship and small business.