Digital & Green Economy Cooperation between Singapore and Malaysia
Singapore and Malaysia signed two Frameworks on Cooperation in the Digital and Green Economy on 30 Jan 2023 at the inaugural Annual Ministerial Dialogue between Singapore's Ministry of Trade and Industry and Malaysia's Ministry of Investment, Trade and Industry.
Last updated 5 November 2025
Bilateral collaboration on Green Economy and Digital Economy
Singapore and Malaysia signed Frameworks on Cooperation in Digital Economy (DE FoC) and Green Economy (GE FoC) on 30 Jan 2023. These lay the foundation for future bilateral initiatives related to the digital and green economies.
Digital Economy Framework on Cooperation (DE FoC)
Singapore and Malaysia seek to facilitate greater interoperability and collaboration on digital economy issues, unlock new growth opportunities benefitting both countries’ businesses, workers, and communities. The DE FoC could potentially serve as a pathfinder for digital economy cooperation within ASEAN as well.
These are the areas of cooperation under the DE FoC:
Trade Facilitation
Cross-border Data Flows
Electronic Payments
Digital Identities
Business/Consumer Trust
Standards
Investment Promotion and Facilitation in Digitalisation
Micro, Small and Medium Enterprises (MSMEs) Digitalisation
Regulatory and Governance Framework
Green Economy Framework on Cooperation (GE FoC)
Singapore and Malaysia seek to strengthen collaboration to decarbonise our industries and enable businesses and workers to seize opportunities in the green economy.
These are the areas of cooperation under the GE FoC:
Next Generation Mobility
Environmental, Social and Governance, and Capacity Development Programme for exporters
Low-Carbon Solutions
Carbon Credits Industry Collaboration
Development of New and Renewable Energy Related Technology Standards to Support Domestic and Regional Decarbonisation