In light of Trump’s tariffs, analysts highlight ASEAN’s risks from trade tensions but remain optimistic about the region's resilience. Singapore’s semiconductor industry stays cautious, exporters diversify suppliers and customers amid uncertainties.
India's Interim Union Budget for 2024 projects a reduction in the revised fiscal deficit and a decline in inflation. These key economic indicators signal a promising future for the Indian economy, even amidst global economic uncertainties.
Malaysia and Singapore launched the Johor-Singapore Special Economic Zone (JS-SEZ) in January 2025. The new economic initiative aims to drive significant business growth with as many as 50 projects and create 20,000 skilled jobs.
In February, the ASEAN manufacturing purchasing managers' index (PMI) rose to 51.5, the highest in seven months, from 50.4 in January. This marks the highest reading since July 2023.
With a liaison office for the ASEAN region, the VDMA aims to support European mechanical engineering in the region. Tiffany Ang has been representing the VDMA in the ASEAN region based in Singapore since January 6, 2025.
The Western Balkans is a procurement market on our doorstep. Metal, wood and plastics processing as well as the textile industry and IT offer opportunities for nearshoring.
Donald Trump has promised to impose new tariffs on all European imports. This and other trade policy promises are set out in an exclusive publication for members.
The long-standing cooperation with the VDMA has been adapted, which continues to offer exclusive special conditions for members and a regional extension to Italy, Austria and Poland.
The popular publication series is being expanded to include tips for business success in the United States. The exclusive publication for VDMA members is now available.
