After experiencing a contraction in January due to the Chinese New Year (CNY) holiday, Singapore's key exports demonstrated a significant rebound in February. The non-oil domestic exports (Nodx) rose by 7.6% year-on-year in February, reversing the previous month's 2.1% decline, as
Reciprocal tariffs have become a significant factor in shaping global trade dynamics, introducing a level of complexity and unpredictability that businesses across various sectors must confront. These tariffs, often enacted as countermeasures to initial tariffs imposed by another country, create
The global transportation and logistics industry is navigating an intricate landscape of opportunities and challenges as it looks to the future, with a keen eye on expansion and sustainable growth. According to Willis' latest Global Transportation and Logistics Risk Report, 57% of industry
Former President Donald Trump’s innovative yet controversial trade policy has rekindled discussions about the true impact of tariffs on the economy. His ambitious plan to impose comprehensive tariffs targeting crucial trading partners, such as Canada, Mexico, and China, is set to reshape how global
The National Farmers’ Union (NFU) president, Tom Bradshaw, is set to deliver a critical speech urging the UK government to reverse its inheritance tax (IHT) policy on farms. Bradshaw argues that the tax, imposed on farm businesses valued at over £1 million, is detrimental to farmers' ability to
The ongoing dispute between the United States and Panama over transit fees for the Panama Canal has recently intensified and has consequently drawn significant international attention. The Panama Canal Authority emphatically denied a statement by the US State Department that US government vessels
