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Category: BUSINESS

Posted on 25/08/2023

Singapore’s middle distillates stocks surge despite higher gasoil exports

Singapore's middle distillates stockpiles surged by more than 1 million barrels (134,222 metric tons) from last week, as the impact of lower jet fuel/kerosene outflows offset an increase in gasoil net ...

Posted on 24/08/2023

No immediate ban on Japan seafood in Singapore after Fukushima nuclear wastewater release

SINGAPORE - Japanese seafood has not been banned in Singapore following the release of treated radioactive water on Thursday from the wrecked Fukushima nuclear power plant into the Pacific Ocean.

Posted on 24/08/2023

Singapore prices 50-year sovereign green bonds at 3.04%

SINGAPORE - Singapore’s second offer of its sovereign green bonds were well received by investors, once again surpassing pricing indications. Read more at straitstimes.com.

Posted on 24/08/2023

US trading house sues Singapore firm over alleged nickel fraud

LONDON/SINGAPORE – Another trading house has been stung after ... It also casts more light on the business links between several different companies that Trafigura alleges were connected to ...

Posted on 24/08/2023

India diesel exports to Singapore set for highs in Aug, drop for Europe -trade

India's diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 metric tons, boosted by cheaper freight costs and low inventories in the Asian oil hub, traders and ...

Posted on 24/08/2023

Indonesia, Singapore to work more closely against lobster larvae smugglers

Indonesian authorities have called on their counterparts in neighboring Singapore to crack down the illegal lobster larvae trade, given that the city-state is a key hub for the regional trade of the ...

Posted on 23/08/2023

Singapore’s inflation decreases to 3.8%, lowest point in over year

Singapore experienced a further decrease in core inflation, dropping to 3.8 percent year-on-year in July, which marks the lowest point over a year. The decrease from June’s 4.2 percent can be ...

Posted on 23/08/2023

Singapore Inflation Eases To 4.1%, Lowest In 18 Months

Singapore's consumer price inflation moderated further in July to the lowest level in more than one and-a-half years, primarily due ...

Posted on 23/08/2023

Economists expect Singapore inflation to keep slowing in 2023 as July headline, core figures dip

ECONOMISTS agree that the pace of inflation will continue to slow this year, after Singapore’s headline and core inflation fell in July to their lowest in H1 2022, going by data from the Monetary ...

Posted on 23/08/2023

Singapore seeks documents from banks in money laundering probe

Singapore authorities have requested documents from at least 10 banks as they extend a S$1bn (US$737mn) money laundering investigation.

Posted on 23/08/2023

Economists expect inflation to keep slowing in 2023, as Singapore inflation dips in July

ECONOMISTS agree that the pace of inflation will continue to slow this year, after Singapore’s headline and core inflation ... RHB senior economist Barnabas Gan noted that year on year, import prices ...

Posted on 23/08/2023

Singapore stocks rise amid subdued regional trading, STI up 0.5%

Gainers beat losers 318 to 242 after one billion securities worth $824.1 million changed hands Read more at straitstimes.com.

Posted on 23/08/2023

Singapore’s core inflation eases to 3.8% in July, lowest in more than a year

SINGAPORE: Singapore’s core inflation continued its downward trend, falling to 3.8 per cent year-on-year in July, the lowest level in more than a year. The decline from 4.2 per cent in June was due to ...

Posted on 23/08/2023

Singapore, Sri Lanka sign MOU for carbon credits collaboration

The partnership is in line with the Article 6.2 of the Paris Agreement. The governments of Singapore and Sri Lanka signed a memorandum of understanding (MOU) to mark their collaboration on carbon ...

Posted on 23/08/2023

China’s Hengli says Singapore trade joint venture with Sinochem in voluntary liquidation

Privately controlled Chinese refining and petrochemical manufacturer Hengli Group said on Tuesday (Aug 22) that Sinochem Group and itself were winding up their Singapore-based joint venture Hengli ...

Posted on 23/08/2023

Singapore Bourse May Be Stuck In Neutral On Wednesday

The Singapore stock market on Tuesday ended the seven-day losing streak in which it had plunged almost 170 points or 5.3 percent. The ...

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