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Singapore, China plan to upgrade bilateral FTA

Singaporean Prime Minister Lee Hsien Loong has revealed that Singapore and China is considering the possibility of upgrading the bilateral Free Trade Agreement (FTA).
Singaporean Prime Minister Lee Hsien Loong has revealed that Singaporeand China is considering the possibility of upgrading the bilateral FreeTrade Agreement (FTA). Addressing the “FutureChina Global Forum” on July 21, Lee expressed his hope to secure anupgraded and more comprehensive version of the FTA as the existing pacthas been in place for many years and is due for an update.
Negotiations for the improved FTA will start later this year, Lee said. The Singapore–China FTA covers goods and services, technical barriersto trade, customs procedures, economic cooperation and disputesettlements, among others.-VNA

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Malaysia's Petronas Twin Towers (Photo: AFP)

Malaysia plans sales, service tax hikes

The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
Philippines seizes 175 million USD meth haul

Philippines seizes 175 million USD meth haul

Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
Permanent Secretary of the Thai Ministry of Commerce, Vuttikrai Leewiraphan. (Photo: thainews.prd.go.th)

Thailand engages USTR on five-point trade propo🧸sal

Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
(Photo: Malay Mail/Firdaus Latif)

Malaysia sues Telegram over harmful content

This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
A man works at a rice mill in Nakhon Pathom province, Thailand, on April 18, 2025. (Photo: Bangkok Post)

Thailand records strongest export growth since♉ early 2022

The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
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