Electronics PMI growth dips by 0.3 points in October

The electronics sector purchasing managers' index (PMI) dropped 0.3 point from 53.6 to a slower expansion reading at 53.3 in October. According to the Singapore Institute of Purchasing & Materials Management (SIPMM), the electronics sector has now recorded ... ( read original story ...)

Singapore rebar import prices drop again on poor demand

SINGAPORE: Import prices for rebar in Singapore continued to fall amid poor end-user demand in the country. Metal Bulletin’s price assessment for Southeast Asian rebar imports – which mainly looks at Chinese cargoes sold into Singapore on a theoretical ... ( read original story ...)

Import of sugar gets govt nod

Singapore-based Agrocorp International PTE Ltd has got the ... with Finance Minister AMA Muhith in the chair. The company will import sugar at $465.27 per tonne as the lowest bidder among two. Industries ministry officials said the government has decided ... ( read original story ...)

Singapore MPs question their government’s stance on vaping

The consequence of Singapore’s strict e-cig import and sales regulations is a thriving black market. Last March, the Senior Minister of State for Health Amy Khor, said that the legal age for smoking and buying tobacco products in Singapore would be ... ( read original story ...)

Sri Lanka-Singapore final FTA discussions tomorrow: Malik

Some of the top Sri Lankan exports to Singapore include petroleum oils (other than crude), tea, rubber tyres, previous/semi-precious stone, flour, and fish, while Sri Lanka imports mainly petroleum products, machinery, electronic equipment, chemicals ... ( read original story ...)

Oil dips on lower crude imports from China

SINGAPORE: Oil prices fell on Wednesday as Chinese crude imports slipped to their lowest level in a year, although traders said the overall market remains well supported because of Opec-led supply cuts. Traders said they were closely eyeing escalating ... ( read original story ...)

Singapore steps up fintech initiatives

SINGAPORE: The Monetary Authority of Singapore (MAS) unveiled a raft of new initiatives on Wednesday to further the city’s push into financial technology, including a project to improve banks’ ability to detect money launderers and others on blacklists ... ( read original story ...)