A rise in tensions puts TMX Group Ltd.’s bid to win a piece of the planned initial public offering (IPO) of Saudi Arabian Oil Co. for the Toronto Stock ... the open market. Saudi retaliation against Canada would put players such as London, Singapore ... ( read original story ...)
Singapore’s Foreign Direct Investment to Nigeria hits $908.8m in 5 years
The Minister of Finance, Mrs Kemi Adeosun, in her comments said the pact between Nigeria and Singapore has clearly spelt out taxing rights of each country in respect of different income derived from each country. The agreement according to Adeosun “will ... ( read original story ...)
Nigeria, Singapore sign pact on double taxation avoidance
The Minister of Finance, Mrs. Kemi Adeosun, signed the agreement on behalf of the Federal Government, while Singapore’s Minister of State for Trade and Investment, Dr. Koh Poh Koon, endorsed the pact on behalf of his government. Adeosun explained that ... ( read original story ...)
Recipe to ride waves of change: Firms, workers ‘must build capabilities’
SINGAPORE — With uncertainty about how technology will affect the global economy, firms and employees must build their capabilities to prepare for the future, Finance Minister Heng Swee Keat said last night. Speaking at the 61st annual dinner for the ... ( read original story ...)
Heng Swee Keat gets lifetime award from Economic Society
Finance Minister Heng Swee Keat was made an Honorary Fellow of the Economic Society of Singapore during its annual dinner last night. The lifetime award was conferred in recognition of his contributions to economic policymaking. Only five other people have ... ( read original story ...)
S’poreans urged to embrace ‘lifelong learning and doing’
Finance Minister Heng Swee Keat said last night. He noted that the world is being roiled by major structural changes, but Singapore will be well placed to meet the challenges if firms and individuals can adapt quickly enough and build up strong capabilities. ( read original story ...)
Nigeria, Singapore trade volume hits N846bn – Adeosun
She announced this in Abuja at the signing of an agreement on avoidance of double taxation with Singapore. The balance of trade net of petroleum export stood at N42bn in favour of Singapore, while the volume of Foreign Direct Investment (FDI) from ... ( read original story ...)
Singapore PMI Rises
July’s reading was lifted by improvements in new domestic and export orders, though a dip in employment ... semiconductors—has given Singapore’s manufacturing sector a shot in the arm. ( read original story ...)
Product Tankers: Market Seems to Take A Step Back, but Trade Still Quite Impressive Says Shipbroker
At the start of 2017, exports to South East Asia (+44% YoY) grew strongly underpinned by trade with Singapore, while North East Asia (+2% YoY) was relatively stagnant. Another important development at the start of the year is that second‐tier ... ( read original story ...)
Nigeria, Singapore agree to protect investors from double taxation
The volume of trade between the two countries from 2011 to 2015 stands at N846 billion, the absolute Balance of Trade was N222 billion in favour of Nigeria while Balance of Trade net of petroleum export stood at N42 billion in favour of Singapore. ( read original story ...)
Free trade pacts in age of disruption
And it benefits Singapore's partners too, as there is wide agreement among economists that it is free trade, rather than a zero-sum mercantilist approach, that can boost exports, offer a greater choice of goods and enable nations to focus on areas where ... ( read original story ...)
OPEC wants oil above $50, but US shale producers won’t play along
"It's still sheikhs versus shale," said John Driscoll, director of JTD Energy Services in Singapore and a former oil trader whose ... Gulf producers could hold back oil from the export market to feed higher demand from domestic power generators during ... ( read original story ...)
Protesters in Kenya call for swift inquiry into election official’s murder
In tonight's edition, protesters in Kenya call for swift inquiry into election official murder, tens of thousands of Ethiopian illegal workers are forced out of Saudi Arabia and African video game designers export ... In Singapore, we meet some of the ... ( read original story ...)
Is time up for plain vanilla flavour ice creams?
While taro and red bean recipes might be harder to export, matcha (green tea ... the prickly Asian fruit that smells so bad it's illegal to carry it on the subway in Singapore. An acquired taste. ( read original story ...)
Standard Chartered eyes New York energy trading, bucks Wall Street trend: sources
NEW YORK/SINGAPORE (Reuters) - Standard Chartered is planning to launch an energy trading business in New York, two sources familiar with the matter said, in what appears to be the first major bank move into the sector in the United States after years of ... ( read original story ...)
Indian-origin man robs petrol pump employee in Singapore
SINGAPORE: An Indian-origin man in Singapore has allegedly ... faces a maximum of 10 years in jail and at least 12 strokes of caning if found guilty, reported Channel News Asia. Police were alerted at around 12.50 pm after the suspect fled the petrol ... ( read original story ...)