Country: Singapore
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Chinese EV BYD Dethroned Toyota in Singapore 2025 Car Sales, Signals EV Shift
Chinese electric vehicle giant BYD has become the best-selling car brand in Singapore for the first time, surpassing Toyota and far outselling Tesla in the first four months of 2025, according to newly released government data. The milestone marks a significant ...
Vietnam’s FDI Surges 40% on Reinvestments Amid Global Tensions
Amid intensifying global U.S.-China tensions and global efforts to diversify supply chains, Vietnam is consolidating its position as a key Southeast Asian industrial hub. In the first quarter of this year, Vietnam's FDI is surging 40% on reinvestments. According to ...
Vietnam’s FDI Surges 40% on Reinvestments Amid Global Tensions
Amid intensifying global U.S.-China tensions and global efforts to diversify supply chains, Vietnam is consolidating its position as a key Southeast Asian industrial hub. In the first quarter of this year, Vietnam's FDI is surging 40% on reinvestments. According to ...
China’s Trade With Southeast Asia Jumps in First Quarter of the Year
Chinese trade with the ten countries in the Association of Southeast Asian Nations (ASEAN) increased to $233 billion in the first three months of the year, a 7.1% increase compared to the same period in 2024. The region now accounts for ...
Singapore Downgrades Growth Forecast Amid U.S.-China Trade War
Singapore on Monday downgraded its economic growth forecast for this year, the government said, as the trade-dependent nation braces for the effects of sweeping U.S. tariffs and the U.S.-China trade war. Although President Donald Trump imposed the baseline 10 percent tariffs ...
China and the New World Trade War
U.S. President Donald Trump insisted on Monday that he will not back down from his massive tariff campaign that he launched last week and even promised to impose even higher duties on Chinese goods in response to Beijing's 34% tariff retaliation ...
Singapore Probes Final Destination of Possible Nvidia Chip Servers
Servers that may contain AI-powering Nvidia chips shipped from the United States to Singapore ended up in Malaysia, but their actual final destination remains a mystery, the city-state's interior minister said Monday. The United States is cracking down on exports of ...
Asian Markets Climb on China Fiscal Hopes Against Trump Tariffs
Asian markets climbed on Monday in hopes that China would announce a huge stimulus package to help offset U.S. President Donald Trump's looming tariffs on Chinese goods. Investors were also watching for any last-ditch deals to ward off the levies hitting ...
Singapore’s Defense Chief: To Asia, the U.S. Has Shifted from Liberator to ‘Landlord Seeking Rent‘
Singapore’s defense chief, Ng Eng Hen, highlighted Asia’s shifting view of the U.S. during a roundtable at the Munich Security Conference. Eng Hen said that once seen as a force of “moral legitimacy” following World War II, Asia now views the ...
[WEEK IN REVIEW] Who Gets to Tell the China-Africa Story?
Chinese engagement in Africa is seen by many people as a classic example of neo-colonial exploitation. China, according to the narrative, is merely the latest in a long line of predatory foreigners seeking to drain the continent's vast reserves of oil, ...
BYD Tops Singapore’s Car Market in 2024, Surpassing Toyota as EV Sales Surge
BYD (Build Your Dreams) has become Singapore’s top-selling car brand, surpassing Toyota for the first time in 2024. The Chinese electric vehicle (EV) giant registered 6,191 cars, a 337% increase from 2023, when it sold 1,416 cars.
Malaysia’s Anwar Says Don’t Single out China in Sea Tensions
There will always be border disputes in Asia, and China should not be singled out because of tensions in the South China Sea, Malaysian Prime Minister Anwar Ibrahim said Wednesday. Speaking at the World Economic Forum in Davos, Switzerland, Anwar said ...