US Grants 0% Tariffs to Three ASEAN Nations Under New Trade Pacts

[lalalalalala]

Punggol voted for Taskforce Man.

End up nv met anyone in US who can make decision, then returned to say 10% is manageable

Oh well

Best is visit asean but he not invited.

 

[d3n]

SG still need to pay 15 10%... Taskforce doing what....

don't be mistaken, our taskforce fly to US for holiday only

 

[viethai]

No one do the monitor lizard dance

 

[DragonFire]

Hahaha the misinformation in this thread is gao gao.

 

[zephxion]

What's happening? Why SG no tariff exemption? Taskforce man can explain?

if you ask me, it's because we are majority chinese and trump probably thinks we are part of china

 

[tatsit]

Joke la.. COVID pharma boom in sg because of freedom in vaccine use

SI Group, Tessa Therapeutics, GSK... Any manufacturing wants to survive in sg has to suffer the huge rental and operation costs. It is simply way cheaper to produce in msia

 

[hardindex]

Some one never polish or carry any balls ?

Taskman Gan Kim Yong carry wrong balls yesterday, he's at a wrong venue

 

[regionmaster]

Lol the downplayerst. It's only gonna get better for them and worse for us.

Test water first, then slowly their semiconductor and then human resource.
AMD cpu are made there in Penang btw btw

 

[Lss]

Not a problem wat, Singapore can't even produce enough to use ourselves that's why we are importing medicine from a certain country...

Make "made in Singapore" to sell expensive overseas then import generic for residents make more financial sense?

 

[tatsit]

lawrence wong did not even attend

 

[GreatPumpkin]

Malaysia managed to get 0% tariff for aerospace equipment and pharma.

Meanwhile SG is stuck at 10%.

I think we should accelerate the JS-SEZ to ownself coup de grace ownself.

 

[Joe Mahmood]

Singapore pharmaceutical firms can close shop liao, US grant Malaysia pharmaceutical firm 0% tariffs while Sg pharmaceutical firm still subject to 100% tariff.

Taskforce man really bo yong one

Malaysia scores big point then.

MALAYSIA 10
SINGAPORE 0

 

[hardindex]

u think Malaysia got no pharm factories?

Yes, Malaysia has a robust pharmaceutical manufacturing industry, though it's structured differently from Singapore's. Both countries produce medicines, but Singapore focuses more on high-end biopharma exports, while Malaysia emphasizes generics, herbal products, and contract manufacturing.





Malaysia’s Pharmaceutical Manufacturing Landscape


Malaysia has over 250 pharmaceutical manufacturers, including:

• Generic drug producers: Companies like Duopharma Biotech and Pharmaniaga manufacture tablets, capsules, and injectables for domestic and regional markets.
• Contract manufacturers: Malaysia is a hub for OEM (original equipment manufacturing) of pharmaceuticals, supplements, and traditional medicines.
• Herbal and natural product factories: Leveraging Malaysia’s biodiversity, many firms produce herbal remedies and nutraceuticals.
• Biopharmaceuticals: The sector is growing, with increasing interest in biosimilars and biologics.

The industry is supported by:

• National Pharmaceutical Regulatory Agency (NPRA) for product registration and quality control.
• Halal certification for pharmaceutical products, which is a unique regional advantage.
• Medical tourism and rising healthcare demand, driving local production.

Singapore’s Biopharma Focus


Singapore, by contrast, is home to over 80 pharmaceutical and medical device manufacturing plants, including global giants like Pfizer, Amgen, and Alcon. It specializes in:

• High-value biologics and active pharmaceutical ingredients (APIs)
• Advanced manufacturing and R&D
• Export-oriented production, with biopharma exports exceeding S$19 billion in 2022

Summary of Key Differences

Feature	Malaysia	Singapore
Focus	Generics, herbal, contract manufacturing	Biologics, high-end APIs, global R&D
Industry maturity	Emerging, fast-growing	Advanced, export-driven
Regulatory body	NPRA	HSA (Health Sciences Authority)
Halal certification	Widely applied	Less emphasized
Global pharma presence	Limited	Strong multinational presence

More than SG, local one really can close shop

 

[tmkedmw]

don't be mistaken, our taskforce fly to US for holiday only

Last time gby post a selfie in flight ... and was CSI to be SIA suites based on the cabin wall pattern ....

 

[matrix05]

Malaysia's tariff exemption applies to its aerospace equipment, pharmaceutical, and key commodity (palm oil, cocoa, rubber) sectors.
Thailand received 0% tariffs on select items as part of a reciprocal deal, committing to purchase over $20 billion in US agricultural products, energy, and aircraft.

 

[cet87]

even better. i usually go in JB to buy my med.

 

[wwenze]

Make "made in Singapore" to sell expensive overseas then import generic for residents make more financial sense?

Like cash crops amirite.

 

[Thoreldan]

No use one. They still wont catch up with SG for another 500 years.

 

[Lchlch]

Malaysia managed to get 0% tariff for aerospace equipment and pharma.

Meanwhile SG is stuck at 10%.

I think we should accelerate the JS-SEZ to ownself coup de grace ownself.

Well done Malaysia.
Spore? Task force good for nothing.
Can't even bring down to 9.9%

 

[Song Bro]

No use one. They still wont catch up with SG for another 500 years.

Right. They catch up, the tariffs will also catch up.