Both countries should prioritise regular consultations and practical solutions to improve labour productivity, competitiveness, digital and green economies, logistics, and maritime cooperation.
If the trade-to-GDP ratio starts to fall, there will be "serious economic and strategic implications", says Senior Minister Lee Hsien Loong at the Singapore Maritime Week.
A recent business mission organized by the Philippines’ Department of Trade and Industry (DTI) and the Department of Agriculture (DA) has successfully secured $27.28 million in export sales.
Exports surged by 14% year-on-year to US$26.7 billion in February, marking eight consecutive months of growth, according to the Commerce Ministry.
The two-month trade reached over 6.57 billion SGD (approximately 4.91 billion USD), solidifying Vietnam’s position as Singapore’s ninth largest trading partner.
A special meeting held by the World Trade Organisation (WTO) on Wednesday discussed the Free Trade Agreement (FTA) between Cambodia and China.
The Indonesian government has emphasized the need for the immediate completion of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) to protect the national textile industry’s market amid global geopolitical uncertainty.
Malaysia’s trade performance maintained its positive momentum in February 2025, recording a 5.9% year-on-year growth to hit 223.89 billion MYR (55.97 billion USD).