In the first five months of the year, the two-way trade turnover reached more than 16.23 billion SGD, 28.07 per cent higher than that of the same period last year.
At the end of May, ASEAN leaders adopted the ASEAN Economic Community Strategic Plan 2026–2030.
The package, endorsed on June 24, comprises 481 projects designed to boost GDP by an additional 0.4% and generate temporary employment for about 7.4 million people nationwide.
Anti-dumping duties will continue to be imposed on producers from China and Japan while those on relevant exporters from the RoK and Vietnam will be terminated, starting from June 23.
Speaking at the launch of the Indonesia Economic Prospects June 2025 edition on June 23 in Jakarta, Turk noted that Indonesia’s gross domestic product (GDP) expanded 4.9% in the first quarter of 2025 compared to the same period last year.
The Philippines and Canada officially launched exploratory free trade agreement (FTA) talks in early 2025, signaling their intent to deepen economic cooperation and modernize trade rules.
Alaa Farouk, Minister of Agriculture and Land Reclamation, has called on the Philippines to open its markets to prominent Egyptian agricultural exports, including onions, garlic, potatoes, and grapes. He also stressed the strategic importance of the Philippines serving as a regional distribution hub for Egyptian produce to ASEAN countries.
Vietnam and Cambodia have reaffirmed their commitment to deepening economic and trade ties at a workshop held on June 20 in Phnom Penh.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
