{"id":48889,"date":"2019-10-09T11:00:39","date_gmt":"2019-10-09T03:00:39","guid":{"rendered":"https:\/\/primer.com.ph\/blog\/?p=48889"},"modified":"2019-10-09T15:59:29","modified_gmt":"2019-10-09T07:59:29","slug":"stanchart-ph-among-countries-with-rising-trade-growth-potential","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/blog\/2019\/10\/09\/stanchart-ph-among-countries-with-rising-trade-growth-potential\/","title":{"rendered":"StanChart: PH Among Countries with Rising Trade Growth Potential"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Leading international banking group <\/span><b>Standard Chartered (StanChart)<\/b><span style=\"font-weight: 400\">\u00a0has released this year\u2019s<\/span><b> Trade20 Index<\/b><span style=\"font-weight: 400\">, which names the top 20 markets with the greatest potential for future trade growth.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Trade20 - Mapping the rising stars of trade\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/qLdVoYs8y2c?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400\">\u201cMarkets that are demonstrating the most impressive pace of progress may represent interesting opportunities for corporates seeking new investment, import, and supply chain partners,\u201d StanChart Group Chairman Jos\u00e9 Vi\u00f1als said.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The <strong>Philippines<\/strong> placed <strong>20th<\/strong> on the list, which the research attributed to regional trade deals, infrastructure improvements, and liberalizing economy in the country. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Other Asia-Pacific nations like Vietnam, Thailand, and Indonesia also ranked high due to these reasons.<\/span><\/p>\n<p>Some key trends recognized in the index include:<\/p>\n<ul>\n<li>Financial hubs like Hong Kong and Singapore remain in the ascendant.<\/li>\n<li>Middle Eastern markets diversify.<\/li>\n<li>Ireland stands out in Europe.<\/li>\n<li>China is considered as the engine of global growth.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Further, 66 global markets are examined by Trade20 using 12 metrics. These have been grouped into three equally-weighted pillars, namely economic dynamism, trade readiness, and export diversity. C\u00f4te d\u2019Ivoire, India, and Kenya are the top three markets on the index.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Unlike traditional trade indices, Trade20 does not base its ranking on a market\u2019s present performance. Instead, it accounts for the changes over time to reveal the markets that have seen the most improvement.<\/span><\/p>\n<p>To view the complete trade report, visit Standard Chartered&#8217;s\u00a0<a href=\"https:\/\/www.sc.com\/en\/insights\/trade20\/#\">website<\/a>.<\/p>\n<p><em>Also read:\u00a0<a href=\"https:\/\/primer.com.ph\/blog\/2019\/08\/29\/8-philippine-companies-among-forbes-asias-best-over-a-billion-list\/\" target=\"_blank\">8 Philippine Companies Among Forbes Asia\u2019s Best Over A Billion List<\/a><\/em><\/p>\n<hr \/>\n<p><em><span style=\"font-size: 10pt\">Source: <a href=\"https:\/\/www.sc.com\/en\/media\/press-release\/our-new-trade20-index-reveals-the-rising-stars-of-global-trade\/\">Standard Chartered&#8217;s\u00a0official press release<\/a><\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Philippines placed 20th on the Standard Chartered&#8217;s Trade20 Index.<\/p>\n","protected":false},"author":3,"featured_media":48891,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[1876,11123,11127,11128,11121,11122,11124,11120,11119,11125],"class_list":["post-48889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-current-events","tag-asean","tag-global-trade","tag-stanchart-2019","tag-stanchart-trade-20-index-2019","tag-standard-chartered","tag-standard-chartered-trade20","tag-trade","tag-trade20","tag-trade20-index","tag-trading-market"],"acf":[],"jetpack_featured_media_url":"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2019\/10\/Trade20_f.png","_links":{"self":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/48889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=48889"}],"version-history":[{"count":5,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/48889\/revisions"}],"predecessor-version":[{"id":48906,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/48889\/revisions\/48906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media\/48891"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=48889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=48889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=48889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}