On February 16, 2021, Singapore’s government announced its 2021 national budget where it allocated S$11 billion (US$8.3 billion) for a new fiscal package, named the COVID-19 Resilience Package, which extends existing schemes to help businesses and save jobs by subsidizing wages of workers, providing access to working capital for businesses, and supporting targeted industries like aviation.
Vietnamese Deputy Minister of Foreign Affairs Nguyen Quoc Dung and Permanent Secretary for Foreign Affairs of Thailand Thani Thongphakdi exchanged views on cooperation between the two countries and ministries, along with regional and international issues of shared concern, during their online talks on February 24.
Nongsa D-Town is a digital bridge between Indonesia and Singapore connecting Batam’s high-tech future with its industrial past
The Regional Comprehensive Economic Partnership, the world’s largest trade pact, offers Vietnamese agricultural exporters an excellent opportunity to increase their participation in global value chains, experts said.
The economic relationship between India and ASEAN began in 1992 as both regions recognized each other’s trade capabilities. The relationship has since strengthened with India’s growing manufacturing capacity and the rise of ASEAN’s services sector exports, namely travel, transport, and business services.
“We will collaborate with the private sector to focus on sustainable development” - ONDE, MWC Shanghai 2021
South-east Asia's economy as a whole is expected to recover in 2021, and strong consumer sentiments and efforts to diversify in the Middle East provide potential for greater economic engagement between the two regions, Second Minister for Trade and Industry Tan See Leng said on Tuesday (Feb 23).
The Lao National Single Window (LNSW) – a unique computerised platform - is now fully in force to simplify and streamline the import, export, and transit of all goods and cargo at all international borders and airports in Laos.