US Tariffs Threaten S$4 Billion in Singapore Pharma Exports – DPM Gan Assures Ongoing Talks, Possible Exemptions

US Tariffs Threaten S$4 Billion in Singapore Pharma Exports – DPM Gan Assures Ongoing Talks, Possible Exemptions

SINGAPORE, Sept 27 — A looming wave of US-imposed tariffs has sent ripples through Singapore’s pharmaceutical sector, which exports close to S$4 billion (RM13 billion) worth of high-value, branded drugs to the United States annually. Deputy Prime Minister Gan Kim Yong, who also serves as Singapore’s Trade Minister, addressed growing concerns today, stating that pharmaceutical […]

Continue Reading
Title: Trump's 100% Chip Tariff Sparks Shockwaves in Asia; Malaysia Vows to Defend Its Strategic Role

Title: Trump’s 100% Chip Tariff Sparks Shockwaves in Asia; Malaysia Vows to Defend Its Strategic Role

In a move that’s sending shockwaves across Asia’s semiconductor industry, former US President Donald Trump has unveiled a dramatic 100% tariff on chips made by foreign firms that don’t invest in the United States. The announcement, made from the White House, is part of a larger trade crackdown expected to target goods from numerous countries […]

Continue Reading