Digital economy agreements

ASEAN BUSINESS

Asean, South Korea raise ties to highest level on 35th anniversary; free-trade area to be upgraded

Asean leaders also meet Japan’s new PM Shigeru Ishiba; Singapore suggests upgrade of comprehensive economic partnership agreement

Asean is well-positioned to write its own rules on data governance, and the DEFA offers an opportunity to do so. Frontrunners in data governance in Asean, such as Singapore, have the experience and expertise to expedite this process.

Asean’s window of opportunity to write its own data rules

ON September 25, the world’s first fully digitalised cross-border movement of goods arrived in Singapore. The shipment, which came from the UK, marked a major milestone in trade history as the entire ...

Defa provides an opportunity to improve upon existing Asean initiatives in digital trade facilitation, digital payments and data regulations.

Further steps for Asean’s digital economic integration

ON SEP 3, negotiations on the Asean Digital Economy Framework Agreement (Defa) were launched. First envisioned in 2021, the agreement aims to set the foundations for the region’s digital economy to do...

According to Boston Consulting Group, Asean’s digital economy is projected to triple by 2030, reaching almost US$1 trillion, up from the current US$300 billion.

‘Game changer’ agreement to unlock Asean’s potential US$2 trillion digital economy

The Association of Southeast Asian Nations (Asean) has officially launched the negotiations for a new Digital Economy Framework Agreement (Defa).

Singapore’s experience in digital trade rule-making is a valuable asset in overcoming regulatory heterogeneity in digital trade governance.

Unlocking opportunities: Singapore as a standard-maker in digital trade governance

THE Regional Comprehensive Economic Partnership (RCEP) came into force last Friday (Jun 2), marking the emergence of the world’s biggest free trade area. Comprising the largest economies in the Asia-...

Above: A surveillance robot with monitoring and remote assistance functions. Through the expanded industry transformation map for the infocomm media sector, the government aims to strengthen the global interconnectedness of Singapore’s digital economy.

80,000 high-paying jobs in infocomms sector by 2025 under updated industry map

THE industry transformation map for the infocomm media sector launched in 2017 has been updated to sharpen its focus on the infocomm segment, which includes sub-sectors such as software, information t...

Passengers on a tour ship on the Huangpu river in Shanghai. Tourism is one of the areas of collaboration under the 15 agreements signed at the fourth Singapore-Shanghai Comprehensive Cooperation Council meeting.

15 deals signed at Singapore-Shanghai Comprehensive Cooperation Council meeting

SINGAPORE and Shanghai strengthened economic ties with fifteen agreements signed between public and private organisations, at the fourth Singapore-Shanghai Comprehensive Cooperation Council (SSCCC) me...

Rows of houses in front of the Canary Wharf skyline in London. The UK has concluded negotiations to join the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
COMMENTARY

CPTPP membership will supercharge UK-Singapore partnership

UK’s accession will enable higher trade and investment in both countries

Singapore carves digital trade deal with Europe

Singapore carves digital trade deal with Europe

SINGAPORE is now in discussion with the European Free Trade Association (EFTA) on a digital economy agreement.

Singapore's Minister-in-charge of Trade Relations S Iswaran and European Commissioner for Internal Market Thierry Breton at the signing of the EU-Singapore Digital Partnership.

Singapore, EU sign partnership to strengthen bilateral digital trade

SINGAPORE and the European Union (EU) have signed a digital partnership that will strengthen connectivity and interoperability between both digital markets, enabling people and businesses to transact ...