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Category: BUSINESS

Posted on 24/06/2020

Singapore heads for general election in the middle of the coronavirus pandemic

Prime Minister Lee Hsien Loong explained his decision to call for an election now, and said he was "satisfied" that voting can be done safely. ( read original story ...)

Posted on 23/06/2020

China hits brakes on crude imports after buying frenzy

China will press the brakes on crude imports in the third quarter, after record purchases in recent months, as higher oil prices hurt demand and refiners worry about a second virus outbreak, analysts ... ( read original story ...)

Posted on 23/06/2020

Singapore’s Lee Calls Election for New Mandate to Fight Pandemic

Singapore Prime Minister Lee Hsien Loong called a general election as his ruling party seeks a renewed mandate to govern amid the coronavirus pandemic that has pummeled the country’s economy. ( read original story ...)

Posted on 23/06/2020

Explainer: Singapore heads for July polls in pandemic

Singapore will hold general elections next month after its prime minister opted to go ahead with a vote that opposition parties and rights groups have criticised as opportunistic and unsafe because of ... ( read original story ...)

Posted on 23/06/2020

Singapore Tells Wirecard to Keep Client Funds in Local Banks

Singapore has told Wirecard AG’s local entities to ensure they keep customer funds from their domestic payments processing business in the country’s banks, the financial regulator said. ( read original story ...)

Posted on 23/06/2020

Singapore Charges Woman for Exchanging Bitcoins Without PSA License

The Singapore authorities are charging a 23-year-old woman for illegally dealing in Bitcoins with funds obtained from criminal activities. ( read original story ...)

Posted on 23/06/2020

Singapore leader calls early elections despite pandemic

Singapore Prime Minister Lee Hsien Loong called Tuesday for early general elections despite the coronavirus, saying the outbreak has stabilized and there is no assurance it ... ( read original story ...)

Posted on 23/06/2020

ADNOC’s $20.7 billion infrastructure deal shows we are open and ready for business, CEO says

Sultan Al Jaber, CEO of Abu Dhabi National Oil Company, or ADNOC, discusses the firm's $20.7 billion energy infrastructure deal with six partners including Brookfield Asset Management and Singapore's ... ( read original story ...)

Posted on 23/06/2020

North Korean jailed for helping to supply S$404,000 worth of luxury goods from Singapore to North Korea

A North Korean man who studied in Singapore helped his father and conspired with others to have S$404,000 worth of luxury goods ... ( read original story ...)

Posted on 23/06/2020

Singapore stock watch: Keppel, Oxley, Asian Pay Television Trust, ValueMax

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

Posted on 23/06/2020

‘Sans China, India should diversify electronic imports options’

In case, India seeks to reduce its reliance on China for electronic goods, it can do so by increasing shipments from other countries, until indigenous production of these items picks up, MVIRDC World ... ( read original story ...)

Posted on 22/06/2020

Border backlash on trade! Duty hike coming on all Chinese imports except medicines

Government of India has sent almost two dozen emails to industry bodies like CII, FICCI and ASSOCHAM seeking details on import of items from China Everything except APIs used in the manufacture of ... ( read original story ...)

Posted on 22/06/2020

Singapore stocks to see ‘sustained rebound’ as economy recovers: Morgan Stanley

Singapore's equity valuations have bottomed, and a "sustained rebound" is now underway as the market shifts its focus to an "imminent V-shaped recovery in the global economy", Morgan Stanley Research ... ( read original story ...)

Posted on 22/06/2020

UPDATE 1-China to be self-reliant in IMO-compliant fuel – official

Chinese refiners have the capacity to produce 18.1 million tonnes of low-sulphur fuel oil (LSFO) this year, which would make the country self-sufficient in the new shipping fuel, an official with ... ( read original story ...)

Posted on 22/06/2020

How manufacturing can be Singapore’s new gold rush

Briefly stated, this is the theory that it is in countries’ best interests to trade with others by exporting the goods they have a relative advantage in producing cheaply, and importing from ... ( read original story ...)

Posted on 20/06/2020

The Latest: WHO says Beijing virus likely a European import

The emergencies chief of the World Health Organization has confirmed that China shared coronavirus sequences from its latest outbreak with the global community and says it appears the virus was ... ( read original story ...)

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