Leaders of all the 21 Asia Pacific Economic Cooperation (APEC) member economies are expected to arrive in Manila for the meeting in November, the chief organizer said Wednesday.
Despite the much vaunted economic growth in the Philippines, the inflow of foreign direct investment (FDI) to the country has continued to slide.
The lower commodity prices, depreciation of local currencies as well as the weakening demand, have put Sub-Saharan Africa (SSA) economies under pressure, said BMI Research, a Britain-based economic researcher, on Wednesday.
The potential economic growth across major advanced and emerging market economies has declined in recent years and is unlikely to bounce back to pre-crisis level over the next five years, according to a study released by the International Monetary Fund (IMF) on Tuesday.
Deputies from finance ministries and central banks of member economies of the Asia-Pacific Economic Cooperation (APEC) gathered in the Philippines on Thursday for a two-day meeting to form the Cebu Action Plan, a roadmap to make the region more inclusive and resilient in the years to come.
Singapore holds the highest rank among Asian economies on intellectual property; while China has improved its score in this area, according to an International Intellectual Property (IP) Index released by the U.S. Chamber of Commerce's Global Intellectual Property Center (GIPC) on Thursday.
Malaysian Prime Minister Najib Razak said on Thursday that further integration in the Association of Southeast Asian Nations (ASEAN) will result in the emergence of a new economic power in the region.
With the price of crude oil remaining weak and the United States on firmer growth trajectory, the outlook of Asian economies is widely expected to improve this year, but analysts have said that challenges remain and growth may not be uniform across the region.
An uneven and brittle global recovery highlighted the importance of the Group of 20 (G20) commitments to raise global growth, the International Monetary Fund (IMF) said in a report on Wednesday.
The World Trade Organization (WTO) focused on four major trends that have altered the relationship between trade and development in its latest report released on Monday, shedding light on resulting opportunities and challenges for developing economies.
Low-end manufacturing is leaving China for cheaper labor in Association of Southeast Asian Nations (ASEAN) countries, and this value chain shift will boost trade between China and ASEAN, according to economists.
Switzerland tops the overall rankings of 144 economies, followed by Singapore and the United States, said the Global Competitiveness Report 2014-2015 released by the World Economic Forum (WEF) on Wednesday.
The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing economies and economies in transition, showed a UN report released here Wednesday.
Large emerging economies haven't made decisive progress in realizing their potential in information and communications technologies, according to a report released here Wednesday by the World Economic Forum.
The World Trade Organization (WTO) on Monday raised its forecast for global trade growth in 2014 to 4.7 percent, from its previous prediction of 4.5 percent.
Senior economists have been proposing adjustments to the export-reliant economic models of developing countries after an address on the subject at the ongoing Boao Forum for Asia 2014 Annual Conference.
IMF on Tuesday lowered its global economic growth forecasts for this year and the next, saying the world economic activity is strengthening, but it remains weak and uneven as slow-burn risks linger.
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