Global trade

Global trade set to top US$35 trillion in 2025: UN

Manufacturing grew 10 per cent over the last four quarters compared to the previous four, led by electronics linked to AI

The renminbi  is up almost 4% against the US dollar, and on course for the best annual performance in five years.

Why the push for a stronger renminbi won’t go away

With the US dollar likely to be soft for a few years, to hold the Chinese currency back would be to allow it to depreciate against other trading partners

In a conversation with John Micklethwait, editor-in-chief of Bloomberg News (right), Prime Minister Lawrence Wong covered topics ranging from nuclear energy to social security, but focused on geopolitics and trade.

PM Wong says new framework is needed to avoid ‘devastating consequences’ of retaliatory trade

His conversation with Bloomberg’s editor-in-chief also covers money laundering and a possible capital gains tax for Singapore

Deputy Prime Minister Gan Kim Yong says that members of the grouping working together will enable faster, coordinated responses to supply-chain risks.

Future of Investment and Trade Partnership agrees on supply-chain resilience efforts at first meeting

The group of small and medium-sized pro-trade countries is not ‘against any particular country’, says DPM Gan Kim Yong

A recent anti-graft protest in Manila. Domestic troubles in South-east Asia have been costly, as political turmoil in Thailand, Indonesia and the Philippines has made visible marks on Q3 growth rates.

Three quarters in, domestic disquiet could prove costly for S-E Asia’s growth drivers

Front-loading begins to cool, while political turnovers and corruption scandals rattle confidence

Singapore businesses are well-placed to tap the growing economic integration in Asean, says the writer.
THE BROAD VIEW

What the US-China detente means for Asean businesses

South-east Asian firms must now compete with reshoring destinations such as India, while contending with Chinese companies diverting exports here

Traders sell shrimp at the fish and shrimp auction at Lampulo, Banda Aceh, Indonesia, Nov 4, 2025. Indonesia began issuing certificates proving shrimp shipments to the US are free from radioactive contamination after the US Food and Drug Administration (FDA) found traces of the dangerous radionuclide Cs-137 in a sample in early August, 2025.

How the US ended up with radioactive shrimp and sneakers from Indonesia

THE first sign of trouble surfaced thousands of kilometres from Indonesia. 

Jin Su, BOA’s president of Asia-Pacific and head of Asia-Pacific global markets, says: "The last five years we’ve seen a lot of growth here (in Asia), and we have a very constructive outlook for the next five years."

Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility

Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su

At the first session of the Apec Economic Leaders' Meeting, Prime Minister Lawrence Wong laid out three things that the Apec economies need to do.

With multilateralism under pressure, cooperate more across trade groupings: PM Wong

This is one of three areas where Apec economies can work together for their mission of free and open trade, he says

Singapore and the rest of Asean are among "one of the greatest beneficiaries of a functioning global trade system", says ICC's John Denton.

Global business body ICC launches worldwide campaign in Singapore to revitalise rules-based trade

The initiative comes as the US withdraws from global trade leadership, leaving a vacuum