Singapore's non-oil domestic exports down 5.4% in Q3

SINGAPORE - Singapore's non-oil domestic exports (Nodx) are expected to shrink 5 to 5.5 per cent this year on the back of lacklustre global growth - a larger contraction than the 3 to 4 per cent contraction previously forecast. Nodx is expected to pick up ... ( read original story ...)

Ecclestone holds out hope for Singapore

Singapore: Formula One supremo Bernie Ecclestone said he wants ... Ecclestone’s latest statement provide some positive news for Formula One in Southeast Asia, after neighbouring Malaysia confirmed it was dropping its grand prix after 2018. ( read original story ...)

Singapore tops Asian digital transformation index

The EIU’s ‘Connecting Capabilities’ report shows Singapore is leading the way in Asian Digital Transformation Index. It notes that the city-state’s strong performance is primarily due to its well-developed digital infrastructure, as well as a ... ( read original story ...)

Singapore inflation down 0.1% in October

Smaller drag from oil-related items offset lower food and services inflation. Singapore inflation has fallen 0.1% in October, compared to the 0.2% fall in September. This came as a smaller drag from the cost of oil-related items more than offset lower food ... ( read original story ...)

OCBC establishes US$10b global covered bond programme

OVERSEA-CHINESE Banking Corporation (OCBC) has established a US$10 billion global covered bond programme that will be available to certain non-US investors outside of the US. This programme, announced in a filing to the Singapore Exchange on Wednesday ... ( read original story ...)

Indonesia, Singapore sign banana exports contract

SINGAPORE: Indonesia’s biggest banana producer, Nusantara Tropical Farm, signed a memorandum of understanding with Benelux Flower and Food for its first Cavendish banana export to Singapore. The contract was signed during the Fruit Indonesia 2016 ... ( read original story ...)

Singapore exports slump in Q3, forecast for year downgraded

SINGAPORE: Exports in Singapore slumped in the third quarter, declining 5.4 per cent from the previous year, according to figures released by International Enterprise (IE) Singapore on Thursday (Nov 24). The contraction follows a 0.2 per cent decline in ... ( read original story ...)

Singapore Telco’s mobile revenue declines

SINGAPORE: Originally, there were three parties vying to be Singapore’s fourth telco, namely MyRepublic, TPG Telecom and airYotta. Last Wednesday, airYotta had to drop out from the race as it did not meet the Infocomm Media Development Authority’s ... ( read original story ...)

Defying disruption and embracing change in Singapore

With disruption highlighted as the defining challenge for Singapore's economy, small business owners can no longer rely on traditional brick-and-mortar stores for their survival. As technological change sweeps across many industries, what is key ... ( read original story ...)

Singapore best in Asia at adapting to new technology

Singapore is tops in Asia for its ability to transform itself in the face of digital disruptions, said a study by the Economist Intelligence Unit. Well-known "disruptions" include car-sharing app Uber affecting the taxi industry and streaming site Netflix ... ( read original story ...)