RCEP

Malaysia, China to exchange trade certificates electronically from 2026

The move will speed document transmission, boost certificate security and cut misuse risks

Prime Minister Lawrence Wong says: “The RCEP agreement keeps alive the promise that countries can achieve more together than alone."

RCEP members must strengthen, expand and improve trade pact to stay relevant: PM Wong

The global environment has changed considerably since 2022, when the mega trade agreement entered into force, he notes

Tengku Zafrul said given Asean and RCEP members all supported multilateralism, he was not worried about the meeting being “hijacked” by China.

Malaysia says RCEP bloc to consider adding new members, improve trade deal

[KUALA LUMPUR] A large but loose Asian trade bloc that includes China, the Regional Comprehensive Economic Partnership (RCEP), will consider adding new members and finding ways to boost trade when its...

China and Asean have insisted on multilateral cooperation to maintain the stability and smooth operation of regional industrial chains.

China pushing Asean to seal trade pact upgrade as US tariffs bite

[BEIJING] China is pushing the Association of South-east Asian Nations (Asean) to sign an upgrade to their free trade agreement before the end of the year, Vice-Commerce Minister Yan Dong said on Mond...

Singapore’s manufacturing is focused on high-tech sectors such as semiconductors, precision engineering, med-tech, as well as pharmaceuticals and chemicals.

US reshoring spurs opportunities for Singapore in semiconductor, med-tech, other high tech sectors: RHB

These efforts are set to reshape global supply chains, and present a mixed landscape of challenges and opportunities for highly open, trade-reliant economies

At a time of rising protectionism, pursuing open trade requires the establishment of a special green free-trade arrangement, involving sharp reductions in tariffs and non-tariff barriers on goods and services that deliver environmental and climate benefits.

Green free trade in a protectionist age

Existing regional trade arrangements can help facilitate the exchange of climate-friendly goods and services

A man reading a Vietnamese newspaper with a front page story on the inauguration of US President Donald Trump; while Trump's earlier threats of tariffs are not off the negotiating table yet, pundits say Asean now has more leverage.

Asean readies for Trump’s tariff tantrums, trade turmoil

South-east Asian nations have staked their claim in several economic blocs that exclude the US, leaving the world’s largest economy at risk of losing sway over the region’s economic future

Hong Kong is among the regional players flocking to join RCEP, which has been dubbed a “game-changer” for regional trade.

RCEP: High hopes, disappointing start

The bloc’s initial performance has been underwhelming, possibly due to its pandemic-era launch and rising geopolitical tensions

US President Joe Biden (right) and China's President Xi Jinping at the sidelines of the G20 Summit in November 2022. Current indications are that Xi will likely attend the upcoming Apec summit next month, though American officials say nothing is yet definite.
THE BOTTOM LINE

Reading the Xi leaves: A Biden meeting good for everyone

A meeting of the two leaders during the upcoming Apec summit would indicate that the rivalry between the two superpowers is being checked

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-...