According to data released by the Ministry of Trade and Industry (MTI), Singapore’s economy grew by 5 per cent in 2025, higher than the increase estimate of 4.8 per cent. In the fourth quarter of 2025, GDP expanded by 6.9 per cent year on year, while on a quarter-on-quarter seasonally adjusted basis, growth reached 2.1 per cent, compared with 2.6 per cent in the third quarter. Economic performance was mainly supported by strong growth in the manufacturing industry, alongside

Hong Kong operates a territorial tax system and does not impose withholding tax on dividends. Consequently, the effective taxation of dividend flows depends on the tax legislation of the recipient jurisdiction and on the correct application of Double Taxation Agreements (DTAs). Hong Kong Double Taxation Agreements Hong Kong maintains an extensive network of Double Taxation Agreements (DTAs) covering dividends, interest, royalties, and technical service fees across a wide rang

According to data from Vietnam’s National Statistics Office, Vietnam’s international trade during 2025 reached USD 930 billion, marking a year-on-year increase of 18.2 per cent. Exports rose by 17 per cent to USD 475 billion, while imports grew by 19.4 per cent to USD 455 billion over the same period. In December alone exports increased by 12.6 per cent year-on-year to USD 44 billion, while imports rose 27.7 per cent year-on-year to USD 38 billion. The United States remained

According to data from Statistics Indonesia, the country’s economy grew by 5.1 per cent in 2025. Southeast Asia's largest economy expanded by 5.4 per cent in the fourth quarter of 2025, while on a quarterly basis, GDP increased by 1.43 per cent, supported by strong domestic demand and exports. Household consumption, which accounts for more than half of GDP, grew by 5.1 per cent from October to December, supported by spending on transportation, food, restaurants, and hotels. O

According to data from Statistics Indonesia, the country’s exports expanded by 11.6 per cent year-on-year to USD 26.4 billion in December 2025, while imports rose by 10.8 per cent to USD 23.8 billion during the same period. Southeast Asia’s largest economy recorded a trade surplus of USD 2.5 billion in December. Indonesia’s trade surplus was primarily fueled by non-oil and gas commodities such as vegetable oils, mineral fuels, and nickel products. The largest surpluses were r

According to data from the National Bureau of Statistics, China’s composite Purchasing Managers' Index (PMI), which includes both manufacturing and non-manufacturing activities, was recorded at 49.8 in January, below the threshold between expansion and contraction. China’s non-manufacturing PMI, which has been supporting the economic recovery so far, stood at 49.4 in January, while the manufacturing PMI came in at 49.3 points. Several key indicators of the Chinese economy, pa