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Archive by category: SourcingReturn

Africa Finalizes Continental Trade Deal

Africa’s economic growth has fuelled the continent’s 54 nations to look for ways to enhance trade amongst themselves, as well as growing e...

| Categories: Sourcing

US Settles Two Key Trade Deals

The U.S. has passed the USMCA and initialed Phase 1 of the US-China trade deal. The U.S. Senate approved the revised North American trade pact.&n...

| Categories: Sourcing

China to Cut Some Tariffs to Below MFN Rates

China’s Customs Tariff Commission of the State Council announced it would be temporarily adjusting import tariffs on 859 commodities – at ...

| Categories: Sourcing

China-Pakistan FTA Phase-II Includes Key Textile Safeguard Measures

On December 1, 2019, the Protocol to Amend the Free Trade Agreement between China and Pakistan entered into force, making substantial revisions ...

| Categories: Sourcing

Turkey Raises Minimum Wage

Turkey will increase the minimum wage by 15.03% in 2020, for a monthly net minimum wage of 2,325 Turkish lira ($392). The Turkish Central ...

| Categories: Compliance, Sourcing

Asia to See Highest Real-Wage Growth

A forecast from Korn Ferry (USA) reveals that while 2020 salary increases across the globe are expected to grow at about the same rate as 2019, ...

| Categories: Energy, Sourcing

ADB Invests in Energy Efficiency in India

The Asian Development Bank (ADB) has approved a loan of $250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a ...

| Categories: Sustainability, Sourcing

Pitney Bowes reveals stats on the explosive growth
of global package delivery.
(mouse over video to adjust the sound)