SINGAPORE – After shrinking for two straight months, Singapore’s non-oil domestic exports returned to growth in April as rising non-electronic exports outweighed a slide in electronics shipments. Non-oil domestic exports (Nodx) surged 11.8 per cent in ... ( read original story ...)
UPDATE 1-ENN seeks commissioning cargo for China’s first private LNG import terminal
SINGAPORE, May 17 (Reuters) - Chinese gas distributor ENN is seeking a commissioning cargo for the country’s first privately owned liquefied natural gas (LNG) import terminal, three industry sources said on Thursday. The cargo is for delivery in the ... ( read original story ...)
AVA Agri Food & Veterinary Authority of Singapor : Company fined $6,000 for illegal import of fresh fruits and vegetables
3 Illegally imported food products are of unknown sources and pose a food safety risk. In Singapore, the food imports must meet AVA's requirements and food safety standards. Food can only be imported by licensed importers, and every consignment must be ... ( read original story ...)
Singapore April petrochemical exports grow 15.1%; NODX up 11.8%
SINGAPORE (ICIS)--Singapore’s petrochemical shipments abroad ... An end-to-end perspective across the global petrochemical supply chain. It provides data on import and export volumes, plant capacities, production, consumption and chemical trade flows. ( read original story ...)
Indonesia plans to import 11 mil barrels of gasoline in Jun, similar to May: traders
Pertamina's gasoline imports for May were estimated at around 10.5 million ... of 92 RON gasoline in five 200,000-barrel clips for loading over June 2-13 from Singapore or Malaysia. The tender closes May 17 with validity until May 21. ( read original story ...)
U.S.-China trade fears halt soybean imports
Singapore/Beijing | Reuters — China’s purchases of U.S. soybeans have come to a grinding halt, trade and industry sources say, as fears of further action by Beijing to curb imports of U.S. crops following last week’s anti-dumping move on sorghum ... ( read original story ...)
Singapore Crime Busters Tackle 1MDB to Penny Stocks: QuickTake
At stake is the Southeast Asian nation’s reputation as a safe -- and responsible -- hub for finance and business. 1. Is white-collar crime a particular problem? Singapore ranks among the least corrupt nations globally, but it’s surrounded by countries ... ( read original story ...)
First Singapore mission to Colombo in new FTA era says leveraging Sri Lanka for South Asia
The trade balance is in favour of Singapore at a 5.3 import to export ratio. Despite this, year on year exports have more than doubled last year-from 2016’s $108 Million to $221 Mn in 2017. In the corresponding period, imports to Sri Lanka from S’pore ... ( read original story ...)
ICO boom threatens Singapore’s VC scene
With a strong pipeline of ICOs in the city, analysts question the future role of venture capital firms. Venture capital activity in Singapore will remain robust for the rest of 2018 due to the launch of more early-stage (seed and Series A) corporate ... ( read original story ...)
Singapore invites new business models for moneylending
It will issue licenses for up to 16 outlets that will implement their business models. The Ministry of Law (MinLaw) called for proposals to pilot new business models for moneylending in order to "better protect borrowers through business-led improvements ... ( read original story ...)
Singapore commodities companies head to South America
SINGAPORE - U.S.-China trade tensions are causing Singaporean agriculture conglomerates Olam International and Wilmar International to import from South America to avoid higher taxes. Commodities trader Olam International, which reported its January-March ... ( read original story ...)
Singapore exports seen recovering in April, up 5.4 percent: Reuters poll
KUALA LUMPUR (Reuters) - Singapore’s non-oil domestic exports were expected to recover in April after a two consecutive months of decline, a Reuters poll found on Monday. Non-oil domestic exports were expected to have risen 5.4 percent in April from a ... ( read original story ...)
Singapore exports seen recovering in April, up 5.4 pct y/y
KUALA LUMPUR, May 14 (Reuters) - Singapore's non-oil domestic exports were expected to recover in April after a two consecutive months of decline, a Reuters poll found on Monday. Non-oil domestic exports were expected to have risen 5.4 percent in April ... ( read original story ...)
Papua New Guinea’s Kutubu Light crude oil exports to resume in spot trade – sources
SINGAPORE, May 14 (Reuters ... the source added. ExxonMobil Corp will export one of two Kutubu Light cargoes for loading over July 1 to 5 and Australia’s Oil Search Ltd will export a cargo to load over July 17 to 21, two of the sources said. ( read original story ...)
Singapore retail sales drop 1.5% in March, as car sales slump again
SINGAPORE – Retail sales dropped 1.5 per cent in March from a year ago, reversing the Chinese New Year-fueled 8.6 per cent jump seen in February, as car sales continued to slump. Excluding motor vehicles, takings at the till rose 2.6 per cent, according ... ( read original story ...)
Oil slips on the hope that alternative supplies can replace Iranian exports
Singapore — Oil prices dipped on Friday, easing from multi-year highs in the previous session on the hope that alternative supplies could replace a looming drop in Iranian exports from US sanctions. The US plans to re-introduce sanctions against Iran ... ( read original story ...)