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Category: BUSINESS

Posted on 10/11/2020

Shell Singapore to repurpose core business, downsize Pulau Bukom refinery in low-carbon shift

SINGAPORE: Shell Singapore said on Tuesday (Nov 10) that it plans to repurpose its core business and halve its crude processing capacity at its ... ( read original story ...)

Posted on 10/11/2020

Singapore’s Economic Rebound Unlikely to Be ‘Vibrant,’ PM Lee Says

Singapore’s economy is unlikely to pick up in a “very vibrant sort of way very soon” as key export markets in Europe and the U.S. face renewed coronavirus outbreaks, Prime Minister Lee Hsien Loong ... ( read original story ...)

Posted on 10/11/2020

Exports show signs of improvement, up 22.47% during Nov 1-7: Official

Showing signs of improvement, the country's exports grew 22.47 per cent yearonyear to USD 6.75 billion in the first week of November, mainly driven by healthy growth in pharmaceuticals, gems and ... ( read original story ...)

Posted on 10/11/2020

World’s largest renewable energy project proposed for north-west Australia ditches electricity in favour of ammonia exports

A company planning to build the world's largest wind-and-solar power generator in the Australian outback sets its sights on exporting ammonia — and says it will build a new coastal town to support the ... ( read original story ...)

Posted on 10/11/2020

Protect and promote: Peru launches immunity initiative in Singapore as it looks to grow superfoods export by 25%

Peru is hoping to boost sales of its ‘immunity-boosting’ superfoods in Singapore after launching a promotional drive, spearheaded by Promperú, the tourism board for Peru under the Ministry of Foreign ... ( read original story ...)

Posted on 10/11/2020

Singapore’s self-employed workers mired in anxiety amid glum outlook for economic recovery

The government has offered almost US$1.5 billion in financial support but the last instalment was paid last month. ( read original story ...)

Posted on 09/11/2020

Singapore’s Pavilion inks first long-term LNG deal with Qatar

Singapore's Pavilion Energy said on Monday it inked a deal with Qatar Petroleum's trading unit to buy up to 1.8 million tonnes per year of liquefied natural gas (LNG) for 10 years from 2023. ( read original story ...)

Posted on 09/11/2020

Singapore Airlines mulls cash injections after S$2.3b record quarterly loss

Vice-President of Commercial Lee Lik Hsin said last month the airline is cautiously optimistic as governments reopen their borders for business travelers and create travel corridors. Singapore is ... ( read original story ...)

Posted on 09/11/2020

Secretlab co-founder Ian Ang named Singapore’s Entrepreneur of the Year

SINGAPORE - The co-founder of gaming chair maker Secretlab, Mr Ian Ang, was named Singapore's Entrepreneur of the Year by professional services firm EY at a virtual awards ceremony on Monday (Nov 9).. ( read original story ...)

Posted on 09/11/2020

Travel bubble brings slow recovery for Singapore, Hong Kong inbound

Inbound players in Singapore and Hong Kong are reporting a slow but exciting return in travel demand between the two Asian cities on the back of a soon-to-come bilateral air travel bubble, reflecting ... ( read original story ...)

Posted on 09/11/2020

HSBC Bangladesh uses blockchain to import 20,000 tons of fuel oil from Singapore

The Contour blockchain platform has been used to settle a landmark cross-border transaction between Bangladesh and Singapore one month after exiting beta ... ( read original story ...)

Posted on 09/11/2020

Emerging markets: Singapore and Thai stocks climb over 1%

China, South Korea and Thailand led Asia's trade-reliant stocks and currencies higher on Monday (Nov 9), after Joe Biden clinched the US presidency, boosting risk appetite and hopes of friendlier ... ( read original story ...)

Posted on 09/11/2020

Football: Imports provide Tigers balm for unbeaten run in Singapore Premier League

All four have scored for Balestier this season to leave coach in confident mood.. Read more at straitstimes.com. ( read original story ...)

Posted on 09/11/2020

Singapore sales productivity startup Nektar bags over $2.1m in seed round

Nektar.ai, a business-to-business sales productivity startup based in Singapore, announced that it has raised over US$2.1 million in a seed round led by Nexus Venture Partners. Insignia Venture ... ( read original story ...)

Posted on 09/11/2020

COVID-19: What is preventing countries lifting border restrictions to travellers from Singapore?

While Singapore has relaxed restrictions on travellers arriving from a few countries and territories with low COVID-19 rates of ... ( read original story ...)

Posted on 09/11/2020

Singapore’s economic rebound is not likely ‘vibrant,’ says PM

Singapore’s economy is unlikely to pick up in a “very vibrant sort of way very soon” as key export markets in Europe and the US face renewed coronavirus outbreaks, Prime Minister Lee Hsien Loong said. ( read original story ...)

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