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UK economy and trade growth | South East Asia | Go paperless with DHL

Eurozone growth leads to boost for UK economy and trade

According to an EY Item Club report, the UK economy is expected to grow 2.8 per cent this year. This is due to strong Eurozone growth, as well as consumer confidence from low inflation and high employment.

In addition, the Eurozone recovery could lead to an increase in trade: UK exports are expected to rise by 5.9 per cent this year and 4.9 per cent in 2016.

“The economy is taking the general election in its stride as ‘noflation’ trumps politics. The eurozone recovery is bedding in and completes the positive UK growth picture that we anticipate for 2015 and 2016”, said Peter Spencer, Item Club chief economic adviser.


South East Asia set for continued economic growth

At the World Economic Forum in Jakarta, Mustapa Mohamed, Malaysia’s international trade and industry minister, announced that the Association of South East Asian Nations (Asean) is predicted to grow 5 per cent a year over the next decade. Click here to read more.

Asean links 10 nations – including Cambodia, Indonesia, Malaysia, Singapore, Thailand and Vietnam – which have a combined GDP exceeding £1.6 trillion.

Plans are also underway for Asean’s economies to link into the Asean Economic Community (AEC) later this year. This single market, with free flow of goods, services and labour, would form the world’s seventh largest economy.


Go paperless with DHL

DHL’s Paperless Trade service allows you to electronically transmit Commercial and Proforma Invoices, eliminating the need to print and physically attach them to your shipments.

This is a free service that will help you save time and money, as well as paper and printing costs, each time you ship – it’s also more environmentally friendly. In addition, the service can help reduce Customs delays and documentation can be customised.

You only need to register for Paperless Trade once, then the service will be automatically offered to you as you prepare your shipments, provided the destination country Customs authority accepts paperless invoicing.


Thursday 23 April 2015

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