Clark Development Corporation (CDC) is strengthening ties with South Korea’s Incheon Free Economic Zone (IFEZ) to enhance the Clark Freeport’s competitiveness in manufacturing and business process outsourcing (BPO). The partnership follows a benchmarking visit on...
Malaysia-based digital services firm MYEG Services Bhd and Singapore’s STrade Data Exchange Service (SGTraDex) have formed a strategic alliance to facilitate secure, paperless cross-border trade between the two nations. The partnership is slated to connect MYEG’s...
In May 2025, Singapore achieved two significant milestones in its international trade strategy with the activation of the Pacific Alliance–Singapore Free Trade Agreement (PASFTA) and the signing of the European Union–Singapore Digital Trade Agreement (EUSDTA). These...
Since the beginning of this year, Vietnam has secured USD 13.82 billion in newly registered foreign direct investment (FDI), representing an increase of nearly 40% year-on-year. Meanwhile, disbursed capital climbed to USD 6.74 billion, marking its highest level in...
Thailand has launched a USD 15 billion economic stimulus package aimed at strengthening its export-driven economy against rising global challenges, particularly new tariffs imposed by the United States. Unlike previous short-term relief measures, this plan focuses on...
Indonesia and France signed 27 memorandums of understanding (MoUs) totaling USD 11 billion, underscoring their commitment to strengthening bilateral cooperation across multiple sectors. The agreements were concluded during the French President’s official visit...
French firms are stepping up their interest in the Philippine market amid ongoing EU-Philippines free trade agreement (FTA) talks and the launch of direct Air France flights between Manila and Paris. According to the French Chamber of Commerce and Industry, major...
Vietnam attracted nearly USD 11 billion in foreign investment in the first quarter of 2025, marking a 35% increase year-on-year, according to the Ministry of Planning and Investment. The rise highlights sustained investor confidence in the country’s economic prospects...
Malaysia and the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway, and Switzerland have successfully concluded negotiations for the Malaysia-European Free Trade Association Economic Partnership Agreement (MEEPA). The agreement,...
Thailand’s Board of Investment (BOI) reported a notable rise in investment activity during the first quarter of 2025, with applications totaling approximately USD 11.8 billion. This represents a 97% increase compared to the same period in 2024. A total of 822...
In April 2025, the United States (US) imposed a 10% tariff on nearly all imports, including those from Singapore, under the International Emergency Economic Powers Act. Despite having a free trade agreement with the US and a relatively balanced bilateral trade...
Indonesia’s sovereign wealth fund, Danantara, and the government of Qatar have agreed to establish a USD 4 billion investment fund jointly focused on Indonesia, marking Danantara’s first planned collaboration with a foreign partner. The agreement followed a meeting in...
