S'pore, Thai firms agree to boost trade, investment ties

They sign five pacts covering areas such as cross-border e-commerce and fintech

- Ovais Subhani

Singapore and Thai businesses and commerce-related organisations on March 14 agreed to deepen their trade and investment ties in areas such as cross-border e-commerce and fintech.

Five memorandums of understanding (MOUs) were signed on the sidelines of the 7th Singapore-Thailand Enhanced Economic Relationship Ministerial Meeting held here.

The meeting between trade officials of the two countries was jointly chaired by Second Minister for Trade and Industry Tan See Leng and Thailand's Minister of Commerce Pichai Naripthaphan.

During the meeting, both ministers reaffirmed the longstanding economic cooperation between the two countries and welcomed partnerships between Singapore and Thai businesses.

The ministers witnessed the exchange of the 2025-2027 Work Plan on intellectual property collaboration between the Intellectual Property Office of Singapore and Thailand's Department of Intellectual Property.