Singapore is highly dependent on food and beverage imports and its upwardly mobile consumer base presents a highly lucrative market for Australian brands.
Prices continued to climb in June with inflation touching its highest levels since 2008.
Investments by overseas companies registered under the Foreign Business Act (FBA) rose by 73.5% year-on-year in the first six months of 2022, led by Japan, Singapore and the US, driven by the government's investment promotion policy.
Singapore and South American trade bloc Mercosur have "substantively concluded" negotiations on a free trade agreement that is expected to lower business costs, ease tariffs and facilitate new ways of doing business, such as through e-commerce.
The government of Laos is urging private companies to invest in the manufacturing of fertilizer and animal feed in response to global supply chain problems.
The Lao market remains a top destination for many Vietnamese investors as the two countries are neighbours and Laos recognises most quality certifications from exporting countries, according to Lê Thị Phương Hoa, Vietnamese Trade Counsellor in Laos.
Foreign direct investment (FDI) inflow into Malaysia is expected to increase, experts have said.
The upcoming fourth meeting of the Vietnam-Indonesia Joint Commission for Bilateral Cooperation (JCBC) is anticipated to further consolidate and create strong momentum to push the bilateral strategic partnership to new heights in line with the long-term interests of both sides.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
