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Minister for Trade and Industry Chan Chun Sing, New Zealand’s Minister for Trade and Export Growth David Parker and Chile’s Vice Minister for Trade Rodrigo Yanez jointly announced the substantial conclusion of the negotiations for the Digital Economy Partnership Agreement (DEPA) in Singapore on 21 January 2020. Mr Chan...
Atradius has released its 2023 Regional Economic Outlook report, setting out growth forecasts for key economies in Asia, including the outlook for a newly reopened China, and offering a long-term view on the risks of geo-economic fragmentation resulting from ongoing supply chain reconfigurations and geopolitical tensions.Overall Asia macro-economic outlook: Asian economies are on course for...
The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) have launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real-time retail payment systems. The linkage is the culmination of several years of extensive collaboration between MAS and BOT, both countries’ payment system operators, bankers’ associations, and participating...
Most logistics industry executives see moderate-to-strong economic growth and little or no chance of recession in 2022, even without immediate relief from the snarled supply chains and sky-high ocean and air freight rates triggered by the COVID-19 pandemic.  Roughly two-thirds of the 756 industry professionals surveyed for the 2022 Agility Emerging...
Against the global backdrop of rising market and geopolitical volatility, companies in Singapore are taking concrete actions to make the best of potential uncertainties despite mixed sentiments, as reflected in a recent survey conducted by TMF Group, a leading provider of international business administration support services. The survey polled...
DHL and New York University's Stern School of Business have released the new DHL Global Connectedness Index 2022, an in-depth report on the state of globalization and its prospects. Analyzing data from 171 countries and territories, it reveals how flows of trade, people, capital, and information move around the world.The...
Aon plc has released a global survey, 'Reprioritizing Risk and Resilience For a Post-COVID-19 Future' in 1Q 2021. The survey results revealed that reprioritising risk and exploring new risk management strategies are now the top priorities for businesses. The report identified differences in how businesses have responded to the COVID-19 crisis, by...
EU Commissioner Thierry Breton and Singapore Minister-in-charge of Trade Relations S Iswaran have agreed to accelerate steps towards a comprehensive and forward-looking Digital Partnership between the EU and Singapore. They reaffirmed their shared ambition to bring the robust and longstanding EU-Singapore relationship into the digital realm and expand bilateral digital...
As the COVID-19 pandemic sweeps the globe, companies are decidedly more pessimistic about the global economy than their own prospects, according to a new study released by the Economist Intelligence Unit on 24 April 2020. This study, the Global Business Barometer (GBB), supported by SAS, is based on a survey...
Stripe has published a report exploring how digital trade is reshaping the global economy. It finds that consumers and businesses are optimistic about the globalized economy, with businesses looking to expand into new international markets, and consumers increasingly willing to purchase cross-border goods and services online. The report draws on...