Taiwan and Singapore are talking up closer ties, a positive sign for both economies as chip and AI demand pulls their trade tighter together.

• Taiwan's deputy legislative speaker Chiang Chi-chen attended Singapore's 61st National Day reception in Taipei, calling the two sides close partners.
• Trade between them passed $53 billion last year, with Singapore now Taiwan's sixth-largest trading partner.
• Taiwan has become Singapore's biggest goods trading partner, driven by demand in the AI and chip supply chains.
• Both sides see each other as complementary in semiconductors, advanced manufacturing, finance and shipping.
• More than 80 Taiwanese lawmakers across party lines belong to the Taiwan-Singapore friendship group, showing rare cross-party agreement.

Outlook: Expect more push to link up government, industry, universities and cities on AI, energy security and manufacturing.