Singapore needs to stay united and focused to tackle the challenges arising from global uncertainties, said Deputy Prime Minister Heng Swee Keat on Friday (May 31).
Asean, including Malaysia, is benefitting from investment and trade diversions as US-China trade tensions escalate, according to economists.
Vietnam has grown so much after the World War and has proven to be resilient through multiple threats to its economy. Analysts noted that the country's multiple networks of free trade agreements (FTAs) will help in pushing the economy towards overtaking Singapore in 10 years or so.
South Korea and the Philippines are working on a free trade agreement (FTA). The two countries established their diplomatic relations 70 years ago.
Small states like Singapore can do little to influence the big powers, but they are not entirely without agency, said Prime Minister Lee Hsien Loong on Friday (May 31).
Asian countries are hoping US-China trade war will permanently boost manufacturing as brands dodge the row by choosing cheaper locations to make their goods.
Vietnam's multiple networks of free trade agreements will help in pushing the economy towards overtaking Singapore in 10 years or so.
South-East Asia’s largest country is on the verge of a digital revolution thanks to its digitally savvy youth, the rise of tech start-ups and the promise of upcoming infrastructure projects
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
