Category: BUSINESS

SINGAPORE: A company was fined S$3,600 on Wednesday (Jul 15) for illegally importing fresh vegetables and processed food from Malaysia. In ... ( read original story ...)

Up to 97,800 residents could lose their jobs by the end of the year, according to DBS, a bank. Singapore’s export-driven economy was hit by a drop in external demand as countries around the world also ... ( read original story ...)

Singapore's economy has plunged into recession -- putting it on course for its worst-ever slump. The city-state's GDP shrank by a record 41.2% in the last quarter, battered by a lockdown which shut ... ( read original story ...)

China's dollar-denominated trade data for June was released on Tuesday. Exports rose 0.5% year-on-year while imports increased 2.7% as compared to a year earlier, according to customs data. ( read original story ...)

A 68-year-old businessman has allegedly been cheated of over US $1.9 lakh (around Rs 1.4 crore) by a Singapore-based export firm. ( read original story ...)

China's June crude oil imports jumped by a third from the same period a year earlier, setting a second straight monthly record, as cheap cargoes bought during April's oil price crash arrived at ... ( read original story ...)

China's June imports of crude oil hit their highest on monthly and daily bases, according to Reuters calculations based on customs data released on Tuesday. ( read original story ...)

Singapore and Malaysia will implement a reciprocal green lane for cross-border travel between both countries, according to a press statement from both ministries of foreign affairs. ( read original story ...)

As one of first countries to release growth data for the period in which many economies were in lockdown, the numbers from Singapore provide a glimpse of how the ongoing pandemic ... ( read original story ...)

Singapore plunged into recession in the second quarter due to the massive damage inflicted on its economy by the pandemic-induced economic slowdown. ( read original story ...)

Singapore's economy suffered a record contraction in the second quarter, tipping it into recession and putting the trade-reliant city-state on course for its worst ever slump this year as the ... ( read original story ...)

One consequence of the Philippines’ struggling economy is turning into a boon for its currency.A collapse in imports has had a positive effect on the nation’s trade deficit, leading to lower demand ... ( read original story ...)

Singapore's Energy Market Authority is seeking to appoint two new liquefied natural gas (LNG) term importers for the city-state, adding to the two it already has, to boost competition and give more ... ( read original story ...)

Rising demand for gold that has sent prices to a nine-year high will boost Singapore's export outlook.. Read more at straitstimes.com. ( read original story ...)

China’s reliance on fuel oil imports from Singapore has begun to fade since it introduced new tax and export rules this year, encouraging refiners to ramp up fuel oil production and boosting its ... ( read original story ...)

SINGAPORE/BEIJING (Reuters) - China has granted Zhejiang Petroleum & Chemical Co (ZPC) a license to export refined oil products, making it the first private oil refiner to win such permission ... ( read original story ...)