The two-way trade turnover between Vietnam and Singapore is estimated at 1.3 billion USD in the first two months of 2022, up 6.3 percent year-on-year.
The Hong Kong Special Administrative Region (SAR) is kicking off a discussion about joining the RCEP after submitting an application in mid-January, Brian LO Sai Hung, Director-General of Trade and Industry, said on Monday.
Richard Graham MP, the UK Prime Minister’s Trade Envoy to the Philippines, Malaysia, Indonesia, and the ASEAN Economic Community, undertook an official visit to the Philippines last 14-18 February 2022. The purpose of the visit was to promote trade and investment ties between the UK and Philippines, and to explore new areas of mutual collaboration and prosperity as the world recovers from the pandemic.
Singapore will raise its goods and services tax (GST) from the current 7 percent to 8 percent from next year and 9 percent in 2024, Finance Minister Lawrence Wong has said.
Digital technology has the potential to create new jobs for 20-45 million workers in Indonesia, according Indonesian National Development Planning Minister and Head of the National Planning and Development Agency (Bappenas) Suharso Monoarfa.
Bank Indonesia (BI) and the Reserve Bank of Australia (RBA) have agreed to renew their Bilateral Local Currency Swap Arrangement (BCSA).
Malaysia’s foreign trade turnover hit 203.05 billion RM (48.6 billion USD) in the first month of 2022, up 24.8 percent year on year, according to the Ministry of International Trade and Industry.
The Singapore economy grew by 7.6 percent in 2021, compared to a previous estimate of 7.2 percent, the Ministry of Trade and Industry (MTI) has said, while the growth forecast for this year has been maintained at 3-5 percent.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
