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Category: BUSINESS

Posted on 12/07/2020

Import Collapse Turns Into a Boon for Philippines’ Currency

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 ...)

Posted on 10/07/2020

Singapore seeks to appoint two new LNG term importers

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 ...)

Posted on 10/07/2020

Gold prices’ surge to 9-year high may support Singapore’s exports

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 ...)

Posted on 09/07/2020

Singapore fuel oil stocks at over three-year high, records first net import from China

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 ...)

Posted on 09/07/2020

Zhejiang wins China’s first private fuel export license: sources

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 ...)

Posted on 09/07/2020

China grants extra oil import quotas for private refiners -sources

SINGAPORE - China has issued more non-state crude oil import quotas to refiners, for a total of 26.84 million tonnes (195.93 million barrels) in its third batch for 2020, three sources familiar with ... ( read original story ...)

Posted on 09/07/2020

Exports of Chinese “stinky” noodles soar in H1

In addition to the traditional export markets such as the United States, Australia and some European countries, shipments of the ready-to-serve food were also delivered to new markets including ... ( read original story ...)

Posted on 09/07/2020

China gives private refiner Zhejiang Petroleum first-ever fuel export licence

China has granted Zhejiang Petroleum & Chemical Co (ZPC) a licence to export refined oil products, making it the first private oil refiner to win such permission, two sources with knowledge of the ... ( read original story ...)

Posted on 09/07/2020

Singapore stock watch: Olam, Keppel, Clearbridge, Hatten Land, Biolidics, ST Group Food

The following companies saw new developments that may affect trading of their securities on Thursday (July 9):. Read more at straitstimes.com. ( read original story ...)

Posted on 08/07/2020

Vendor fined S$2,500 for illegally importing fresh vegetables from Malaysia

SINGAPORE: A vegetable vendor was fined S$2,500 on Wednesday (Jul 8) for illegally importing fresh vegetables from Malaysia. Chan Poh Seng, licensee of Chye Soon Vegetables Trader, was caught in ... ( read original story ...)

Posted on 08/07/2020

‘Boycott China’: Traders plan supplies from Malaysia, Singapore, Vietnam despite 5-10% added cost

Some traders and manufacturers are negotiating with suppliers in Taiwan, Malaysia, Singapore and Vietnam instead of China; Manufacturers in India are expected to r ... ( read original story ...)

Posted on 08/07/2020

To Singapore, With Love: How Overseas Singaporeans View Singapore

There are currently 217,200 Singaporeans living overseas, a small but not insignificant amount of people considering our tiny population. As we head into the final days of GE2020, I was curious to ... ( read original story ...)

Posted on 08/07/2020

How Singapore’s Meetings and Events Industry is Going Virtual During the Coronavirus

Singapore has long been a leading destination for international business events. It’s the top Asia-Pacific meeting city on the annual International ... ( read original story ...)

Posted on 08/07/2020

Singapore in Survival Mode Looks to Reinvent Itself. Yet Again

The pandemic is proving the ultimate test for Singapore, the tiny city-state that has a reputation of reinventing itself during times of crises. ( read original story ...)

Posted on 07/07/2020

East Timor: Indonesia main supplier, Singapore largest customer in 2019

The main imports were fuel – representing 25% of the total – followed by vehicles, cereals, machinery, beverages, and iron. After Indonesia (37.9% of the total), the main suppliers were Hong Kong ... ( read original story ...)

Posted on 07/07/2020

Australia’s NWS condensate exports to drop in September on maintenance – sources

The exports of Australia's flagship North West Shelf (NWS) condensate will drop to three cargoes in September, down from four usually, due to a maintenance, two sources with knowledge of the matter ... ( read original story ...)

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