Free trade and global dynamics
By Dr Callie Lau INTERNATIONAL trade involves the exchange of goods and services between firms across national boundaries. The current account in the balance of payments reflects an economy’s overall trade performance. The trading of goods constitutes the largest component in the current account, while trading of services and net income from abroad, which includes […]
MSPO: A path to sustainable palm oil and free trade
KUCHING: An economist has called on the European Union (EU), industry leaders and consumers worldwide to recognise the Malaysian Sustainable Palm Oil Certification Scheme (MSPO) as a major driver in sustainable and free trade policy. Centre for Market Education (CME) economist Carmelo Ferlito, made the call after Malaysia embarked on a trade mission to the […]
Free trade deal signed among 15 participating countries
HANOI: The Regional Comprehensive Economic Partnership (RCEP) agreement was signed among its 15 participating countries Sunday, launching the world’s biggest free-trade bloc, reports Xinhua news agency. Participating countries include the 10 member countries of the Association of Southeast Asian Nations (Asean) and China, Japan, South Korea, Australia and New Zealand. The RCEP agreement will accelerate […]
