KUALA LUMPUR (Nov 21): The European Union-Singapore Free Trade Agreement (EUSFTA) marks a significant step for Malaysian corporates that export to Singapore, as it will enable them to unlock new opportunities to further sell their goods and services.

In a statement today, HSBC Malaysia chief executive officer Stuart Milne said Malaysia is well integrated into Singapore's supply chain and continues to be a key trading partner of Singapore, particularly in the areas of commodities, electrical and electronics and fast moving consumer goods.