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Boost to UK Manufacturing | New Zealand Trade | DHL expands Central Asia Hub

UK manufacturing sees boost despite Brexit uncertainty
British manufacturing has seen something of an economic boost, despite Brexit uncertainty. A quarterly survey by manufacturing trade body EEF found the UK manufacturing sector to be in good health with foreign customers making the most of the weak pound, driving up orders and output.
Lee Hopley, EEF chief economist, said: “Stronger global growth has cemented the foundations for growth in manufacturing this year, but the sector’s contribution to the UK economy has been greater than most expected.”

Liam Fox in post-Brexit trade talks with New Zealand
Liam Fox, International Trade Secretary, has just returned from New Zealand where he has been discussing future free-trade agreements with a post-Brexit Britain.
The UK already has a very successful trade relationship in place with New Zealand; UK exports increased by more than 27 per cent in 2016, making it our fastest-growing export market.
New Zealand’s Trade and Export Growth Minister, David Parker, said: ‘”We welcome Secretary Fox’s visit as an opportunity to strengthen our close relationship at a time when the United Kingdom is seeking to reshape its relationships around the world.”
DHL Express expands Central Asia Hub to boost regional trade
DHL Express last month announced a EUR 335 million expansion plan for its Central Asia Hub (CAH). The expansion will improve productivity and increase the hub’s throughput capacity from the current 75,000 pieces of shipments per hour to 125,000 pieces per hour.
The CAH has recorded an average of 12 per cent year-on-year growth in its shipping volume in the past decade and will continue to act as the core hub of DHL Express global and Asia Pacific regional network, handling more than 40 per cent of its total Asia Pacific shipment volumes.
Ken Allen, CEO of DHL Express, said: “Given the expected rise in international ecommerce and intra-Asian trade, DHL is committed to strengthening our global network and services.”

Thursday 07 December 2017

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