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ECONOMY
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Global growth in 2020 may recover slightly from a dismal 2019
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Philippine 2019 inflation expected within target of 2-4%
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2019 was marked by tensions brought about by trade wars and international conflict that have resulted in an overall economic slowdown for most markets.
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Full year inflation for 2019 is expected to settle within the government's target of 2-4% as inflation continues to decelerate since June 2019, attributed to the government's...
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IMF raises Philippines 2020 growth forecast to 6.3%
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PH sees Higher Ease of Business Ranking in 2020
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The International Monetary Fund (IMF) has slightly improved its forecast for Philippine growth, revising it upwards to 6.3%. IMF representative cites the Philippines...
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Improvement of the Philippines' ranking in World Bank's (WB) 2020 Ease of Doing Business (EODB) Report from 124th place to 95th helped pave the way for the World Bank to...
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M.I.C.E.
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ICCA increases footprint in China at Xiamen International MICE Week
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UFI launches its first comprehensive overview of the Latin American exhibition industry
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The International Congress and Convention Association (ICCA) joined the Xiamen International MICE Summit, expressing support and welcoming new members in Xiamen, and concluding...
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UFI, the Global Association of the Exhibition Industry recently launched its first in-depth research study on the exhibition industry in Latin America. The research...
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PH international visitors to reach 6.16M in Jan-Sept 2019 period
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CITEM sets $336-M export order target in 2020 from events lineup
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International visitors to the Philippines reached 6.16M, representing a 14.37% increase in recorded arrivals from January to September 2019 compared to...
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The Center for International Trade Expositions and Missions (CITEM), the export promotion arm of the Department of Trade and Industry (DTI), sets a $336 million target...
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TRADE &
INDUSTRY
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PHL defends ban on European pork imports
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PH - South Korea Free Trade deal delayed
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The Philippine delegation to the World Trade Organization (WTO) defended the Philippine's ban on pork imports from certain parts of Europe-particularly Germany, Bulgaria...
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Bumps in tariff negotiations, particularly with Philippine bananas, have delayed the signing of a bilateral Free Trade Agreement (FTA) between South Korea and the Philippines.
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Senate backs resolution vs liberalized sugar imports
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'Kape Miro' awarded Regional Best Community and Best CEST Project 2019 by DoST
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The Senate unanimously passed Senate Resolution No. 213 opposing the liberalization of sugar imports citing the potential negative impact on more than 800,000 sugar farmers...
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Coffee brand 'Kape Miro' recently received recognition during the DoST Regional Science Week, where they were awarded the Regional Best Community and Best CEST Project for 2019.
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TRENDS
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Kazakhstani designer Enis Akiev makes marbled tiles from post-consumer plastic waste
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Scandinavian design trends to watch
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Kazakhstani designer Enis Akiev has developed a method for turning single-use plastic packaging into tiles, by emulating the organic process of rock formation.
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The annual Danish festival '3 Days of Design' held in May 2019 showcased trendy designs from various creatives and young talents representing the Scandinavian creative scene.
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5 Social Media Graphic Design Trends You Need to Know For 2020
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Outlook on the Chinese Consumer in 2020
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Venngage content editor, Ryan McCready, lists 5 social media trends that will most likely characterize social media trends for 2020. From color palettes, fonts and...
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Despite lower growth in retail sales in China and with China's economy taking a hit from US-China trade tensions, consumer confidence in China, surprisingly has been at its highest in 10 years.
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Blink to the Future
Take a deeper understanding of the future of global
economy. If you are interested in reading more of
our featured insights, visit our website at: www.citem.gov.ph
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CENTER FOR INTERNATIONAL TRADE
EXPOSITIONS AND MISSIONs
CORPORATE PLANNING DIVISION
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