Archive for the ‘Singapore’ Category

London, United Kingdom / Singapore – 28 August 2025 – The International Trade Council (ITC) and the UK Asia Trade & Investment Council (UKATIC) today announced the signing of a landmark Strategic Partnership Agreement aimed at deepening cooperation in global trade, investment, and business connectivity between the United Kingdom, Asia, and international markets.   The […]

Atlanta, GA / Singapore / Washington, DC – The International Trade Council (ITC) and the National Black Chamber of Commerce (NBCC) today announced the signing of a Memorandum of Understanding (MOU) to strengthen cooperation in advancing global trade opportunities for Black-owned small and medium enterprises (SMEs).   The signing ceremony, held virtually on August 21, […]

Available at: https://tradecouncil.org/beyond-borders-women-shaping-global-trade/   Singapore / New Delhi – August 2025 – The International Trade Council (ITC), in partnership with the Association of Business Women in Commerce & Industry (ABWCI), proudly announces the release of Beyond Borders: Women Shaping the Past, Present, and Future of Global Trade. This landmark publication is available for free download […]

Founded in 2018 and headquartered in Singapore, Hachiko Efficiency Services Pte Ltd is redefining environmental safety and operational efficiency in some of the world’s most challenging locations. Specialising in the safe and legal management and movement of hazardous materials, the company serves critical sectors including oil and gas, mining, and heavy industry—delivering solutions that protect […]

Singapore-based Hachiko Efficiency Services Pte Ltd, a leader in environmental and hazardous materials management, has been officially nominated for the prestigious Go Global Awards 2025. Organized by the International Trade Council, the event will take place on November 18–19, 2025, at One Great George Street, Westminster, London.   The Go Global Awards honor organizations that […]

Singapore continues to showcase its trade resilience as it navigates evolving tariff measures introduced by the United States, according to the latest Macroeconomic Review by the Monetary Authority of Singapore (MAS) released Monday.   While the new 10% baseline tariff on exports to the U.S.”Singapore’s second-largest trading partner”presents some immediate challenges, the city-state is already […]

Industry Events, News, Singapore

February 13, 2025

The spotlight is set to shine on Singapore as DELIVER Asia, the premier networking event for retail and supply chain innovation, debuts on 5+6 March 2025, bringing together the region’s trailblazers to tackle the industry’s most pressing challenges. This elite event connects 200+ senior retail executives, all with active logistics projects, with 30+ cutting-edge solution […]

Singapore’s economy ended 2024 with robust growth, showcasing the strength of its trade and investment sectors. The nation recorded a 5.0% expansion in the fourth quarter, exceeding earlier projections and demonstrating strong global trade activity. For the full year, Singapore’s economy grew by 4.4%, more than doubling its 2023 growth of 1.8%.   The Trade […]

Singapore’s export sector demonstrated impressive resilience in November, with non-oil domestic exports (NODX) increasing by 3.4% year-on-year, exceeding expectations and marking a strong recovery from October’s 4.7% decline.   The growth, fueled by a robust rise in electronics shipments, underscores Singapore’s critical role in global trade and its ability to adapt to evolving market demands. […]

In a significant advancement for trade and regional cooperation, South Korea and Singapore have announced their intention to establish a strategic partnership in 2025, coinciding with the 50th anniversary of their diplomatic relations. This exciting development was unveiled during a joint press conference by South Korean President Yoon Suk Yeol and Singapore’s Prime Minister Lawrence […]

Singapore’s non-oil domestic exports for June showed resilience despite challenges, with a reported 8.7% year-on-year decline, slightly exceeding expectations. The drop, driven by non-electronic products, contrasts with a revised 0.7% contraction in May but indicates robust recovery potential.   Economist Chua Hak Bin from Maybank noted Singapore’s capacity constraints and global supply chain disruptions, including […]

International Relations, News, Singapore

February 15, 2024

Official data released on Friday revealed a robust growth in Singapore’s non-oil domestic exports, registering a notable increase of 16.8% compared to the same period last year. This growth, outperforming expectations, was supported by gains in both electronic and non-electronic products.   The substantial rise in exports in January, exceeding the forecasted 5.4% growth from […]

In a groundbreaking collaboration, Malaysia and Singapore have officially come together to embark on the joint development of a Special Economic Zone (SEZ) situated in the southern Malaysian state of Johor. This strategic partnership, announced on Thursday, is geared towards fostering increased investments and facilitating the seamless movement of goods and people between these two […]

Singapore and Malaysia have embarked on a collaborative endeavor to establish a Special Economic Zone (SEZ) in Malaysia’s Johor state, strategically located adjacent to the Singaporean border. This initiative aims to fortify economic ties and bolster connectivity between the two nations, especially in the face of global economic challenges. Malaysia has set a tight deadline […]

In a significant move to advance economic growth and mutual security, the Prime Minister of the United Kingdom has formally entered into a Strategic Partnership with Singapore. This partnership, signed on September 9, is expected to foster collaboration between the two nations in various domains, particularly in cutting-edge technologies like artificial intelligence (AI) and cybersecurity, […]

– In a move to foster international trade relationships and meet global demand, India has announced the allocation of export quotas for non-basmati white rice to Bhutan, Mauritius, and Singapore. The decision was officially communicated by the Indian government in a statement.   Under this allocation, India will permit the export of 79,000 metric tons […]