To help the Republic thrive in the digital economy, the Government needs to make the country more attractive to startups and help them grow into unicorns, said the Singapore Business Federation-led SME Committee (SMEC) on Wednesday (Jan 17) as it unveiled ... ( read original story ...)
Three arrested at checkpoints for trying to import counterfeit items
Three people were arrested at the Tuas and Woodlands checkpoints on Jan 3 after they attempted to import counterfeit items, the Immigration and Checkpoints Authority (ICA) and Singapore Police Force said in a joint statement yesterday. In the first case at ... ( read original story ...)
Singapore Dec exports growth slows on weaker electronics
SINGAPORE: Singapore’s export growth slowed more than expected in December from a year earlier due to a fall in electronics trade and the first decline in shipments to China in more than a year. Non-oil domestic exports rose 3.1 percent in December year ... ( read original story ...)
Singapore non oil domestic exports rises 3.1 pct in December
Govt to make payment of refund claims in February: Rana Afzal Surriya to change Valuation Ruling No: 709/2018 on February 26 Customs Appellate Tribunal adjourns hearing of case filed by M/s Smart Zone, others against FBR Appraisement West submits FIR ... ( read original story ...)
Singapore is a perfect place for digital entertainment startups, and here are 4 reasons why
This number is likely to go past 10,000 by the year 2020. Netflix, the global digital entertainment leader, has already firmed its presence in Singapore region. Its subscription-based business model has received a positive response, which has prompted ... ( read original story ...)
Singapore’s December exports growth slows more-than-expected on weaker electronics
supported by both export and import growth; pace of growth eased, reflecting the high base a year ago. Oil domestic exports grew by 19.1 percent last month, after the 31 percent expansion in the preceding month. Singapore Airlines' newest Airbus A380 ... ( read original story ...)
Singapore December exports growth slows on weaker electronics, China shipments
SINGAPORE (Reuters) - Singapore’s export growth slowed more than expected in December from a year earlier due to a fall in electronics trade and the first decline in shipments to China in more than a year. Non-oil domestic exports rose 3.1 percent in ... ( read original story ...)
Singapore Exports Slowed in December
Exports of goods made in Singapore rose 3.1% from a year earlier after a 9.1% gain in November, trade promotion agency International Enterprise Singapore said Wednesday. The median estimate of 10 economists in a poll by The Wall Street Journal expected ... ( read original story ...)
Singapore to automatically exchange tax info with 61 states
SINGAPORE: Singapore has announced that it has activated automatic exchange of information relationships with a total of 61 territories, as part of global efforts to tackle tax evasion and fiscal crime. The exchanges will take place under the OECD’s ... ( read original story ...)
Expiry looms for Singapore’s water import deals
SINGAPORE: The development of water utilities will become more important over the coming decades as Singapore’s import agreements with Malaysia are set to expire in 2061, BMI Research revealed. According to a report, even if pipelines and water projects ... ( read original story ...)
Singapore Central Bank chief sees sustainable growth at 2-4%
SINGAPORE: Singapore’s economic recovery is broadening out in the city state, but there are still “real challenges” in the labor market, central bank Managing Director Ravi Menon said. Sustainable economic growth is estimated at 2 percent to 4 ... ( read original story ...)
Shrinking net imports drag Singapore fuel oil stocks to 7-month low
SINGAPORE, Jan 11 (Reuters) - Singapore weekly onshore fuel oil inventories fell 13.5 percent to a seven-month low of 19.66 million barrels (or about 2.934 million tonnes) in the week ended Jan. 10, data from International Enterprise (IE) Singapore showed ... ( read original story ...)
Sabah to import four containers of pork to overcome shortage
As an immediate remedy, we will allow the import of four containers of pork to meet demand ... “Another theory is that they prefer to sell pork to Singapore where they fetch a higher price,” he said. When asked whether such claims were true, Dr ... ( read original story ...)
Singapore Screwed Badly By This Leedership!
Higher and higher local unemployment but still insisting importing towards 10M. Despite causing many locals to be severity affected, there is no sign of let down. This Singapore is no longer recognisable, the country is no longer the same. And to talk ... ( read original story ...)
Singapore launches plan to become global maritime hub
MPA, Singapore Customs and the Singapore Shipping Association will therefore be jointly looking at the digitalisation of trade and maritime documentation in the industry to co-develop cross-sector solutions, such as the development and adoption of ... ( read original story ...)
Singapore Boosts Maritime Digitalization
Along with the launch of the ITM, several MOU were signed between MPA and partners on Friday. An MOU signed between Singapore Customs, Singapore Shipping Association (SSA) and MPA covers the digitalization of trade and maritime documents such as a bill of ... ( read original story ...)