As global supply chains realign and geopolitical competition intensifies, ASEAN is gaining greater prominence in the global economic landscape. Home to more than 600 million people and a dynamic export-driven economy, the regional bloc is increasingly attracting strategic interest and investment from major powers including China, the United States, and Europe.
With no end in sight to the spiralling conflict in the Middle East that has sent oil and natural gas prices spiking, the Singapore economy now faces another potential threat: US probes on alleged excess manufacturing capacity and forced-labour practices.
Department of Foreign Trade targets Japan’s high-value food and feed sectors to reduce reliance on China, highlighting superior quality and Non-GMO status.
The Agreement on Reciprocal Trade (ART) between Malaysia and the US is no longer valid, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani confirmed.
Though formal implementation started only two months ago, the EU's CBAM regulation has already affected local shipments
The administration of President Ferdinand Marcos Jr. aims to increase the total number of free trade agreements and bilateral deals to 20 by the end of his term in 2028.
The Directorate General of Trade Remedies (DGTR) has recommended extending countervailing duties on imports of solar glass from Malaysia for another five years, citing continued subsidisation and the risk of renewed injury to domestic manufacturers if the measures are withdrawn.
Cambodia has secured a significant agricultural export agreement with China, signing a deal to supply in-shell cashew nuts worth an initial $35 million, with forecasts to reach $400 million in the future.