Taiwan-Singapore trade going strong, envoy says

ROBUST TIES: Taiwan last year surpassed China and Malaysia to become the city-state’s biggest trading partner, and is likely to retain that position this year By William Hetherington / Staff writer, with CNA Add TT as Preferred Source Taiwan could remain Singapore’s largest trading partner for a second consecutive year, as bilateral trade reached a record high in the first half of this year, Representative to Singapore Tung Chen-yuan (童振源) said.Taiwan surpassed China and Malaysia last year to become Singapore’s largest trading partner, with bilateral trade totaling S$170.3 billion (US$133.8 billion), a 46 percent year-on-year increase. Trade in the first half of this year reached S$152 billion, up 94.1 percent from the same period last year, Tung said in an interview with the Central News