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...
Thailand has approved investments totaling approximately 2.7 billion USD in data centers and cloud services, marking a significant expansion of the country’s tech sector. The projects include data centers from Beijing Haoyang Cloud&Data Technology, Empyrion...
On March 27, 2025, the Monetary Authority of Singapore (MAS) announced a proposal to allow retail investors to participate in private market investment funds, a move aimed at expanding investment opportunities for the general public. This initiative responds to...
Vietnam’s northern port city of Hai Phong is in the final stages of preparing for the launch of a next-generation free trade area, which will serve as the central feature of its newly approved southern coastal economic zone. This modern trade area will span over 1,000...
The Indonesian President officially inaugurated the Industropolis Special Economic Zone (SEZ) in Batang, Central Java, in March, marking the transformation of the former Batang Integrated Industrial Zone (KITB). According to the Deputy for Protocol, Press, and Media...
The Philippines and the United Kingdom have signed a new Joint Framework to expand bilateral cooperation across multiple sectors, including defense, trade, maritime security, and climate resilience. The agreement was formalized in Taguig City on April 13 by Philippine...
The Malaysia External Trade Development Corporation (MATRADE), the national trade promotion agency under the Ministry of Investment, Trade and Industry (MITI), has launched the MADANI Digital Trade (MDT) platform. The integrated virtual platform, accessible at...
Malaysia achieved a historic milestone in 2024 with USD 80 billion (MYR 378.5 billion) in approved investments, marking a 14.9% year-on-year increase and signaling strong investor confidence. The government projects a 4.7% GDP growth in 2025, driven by domestic...
Indonesia’s parliament has approved the creation of a new sovereign investment fund aimed at overseeing key state-owned enterprises (SOEs) and generating capital for domestic and international investments. The newly established entity, the Daya Anagata Nusantara...
Vietnam and New Zealand have elevated their bilateral ties by signing a Comprehensive Strategic Partnership agreement, marking a significant step in strengthening economic cooperation and regional engagement. Prime Minister Christopher Luxon and his Vietnamese...
Thailand is taking steps to establish itself as a regional financial hub through new legislation aimed at attracting investment in key financial sectors. The Cabinet has approved the draft Financial Centre Act, proposed by the Finance Ministry, with the objective of...
