• EU and Japan strike wide-ranging trade deal After five years of negotiations, the European Union(EU) and Japan have signed a wide-ranging trade agreement covering one-third of the global economy, which affects the markets of 600 million people, according to Time. The European Commission said the agreement would remove the bulk of the €1 billion of annual duties paid by EU companies. The […] Fwd News 0 Comments August 16, 2018
  • Japan’s Big Three join forces Japan’s three largest container shipping companies, NYK, MOL and K Line, will merge to create the world’s fifth biggest box carrier following an agreement to form a company that will control seven percent of the market. The new carrier will have some 110 ships and 1.4 million TEU. With historically low freight rates, rising bunker […] Fwd News 0 Comments November 2, 2016
  • Africa hosts TICAD for the first time For the first time since its creation in 1993, the Tokyo International Conference on African Development (TICAD) will be held in Africa. The sixth TICAD (TICAD VI) will be held in Nairobi, Kenya, from 27-28 August 2016 at Kenyatta International Convention Centre. Typically, the topics discussed at the summit relate to updates and new research […] Fwd News 0 Comments August 23, 2016
  • China driving growth in APAC e-commerce sector China’s booming economy drove the largest number of online transactions (55%) in the Asia-Pacific region, and nearly half of Chinese consumers (49%) increased their online spend during the 2015 Christmas shopping season. From November to December 2015, Chinese online shoppers spent an estimated US$150 billion in total and the average expenditure reached some US$209.87 million […] Fwd News 0 Comments January 24, 2016