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Category: BUSINESS

Posted on 30/07/2020

Singapore-based Volopay wants to be the “Brex of Southeast Asia”

Small- to medium-sized companies that do a lot of international business have to deal with two big headaches: high foreign exchange fees and corporate expense tracking. Volopay, a Singapore-based ... ( read original story ...)

Posted on 30/07/2020

UPDATE 1-Australia fast-tracks ambitious $16 bln solar power export project

Australia decided this week to fast track approvals for a A$22 billion ($16 billion) project to supply solar power to Singapore via the world's longest subsea high voltage cable, a move to boost ... ( read original story ...)

Posted on 30/07/2020

Singapore’s business sentiments for next 6 months remain subdued: survey

Singapore's Economic Development Board (EDB) and Department of Statistics (DOS) on Thursday released survey reports about business expectations showing pessimistic views for the remaining year. The ... ( read original story ...)

Posted on 30/07/2020

Diginex launches new Singapore cryptoexchange ahead of Nasdaq listing

Nasdaq-hopeful Diginex launched a new cryptocurrency exchange focused on derivative products in Singapore on Thursday, where it has applied for a licence. ( read original story ...)

Posted on 29/07/2020

Singapore ramps up volume of exports to Azerbaijan

Over the reporting period, the share of Singapore in the total volume of Azerbaijan's import grew from 0.23 percent to 0.34 percent of the total volume. In total, foreign trade operations between ... ( read original story ...)

Posted on 29/07/2020

The Johor-Singapore Causeway opens for business, slowly

Up for discussion this week: The world’s busiest land border crossing flickers back to life as Singapore and Malaysia agree on terms for ... Up for discussion this week: The world’s busiest land ... ( read original story ...)

Posted on 29/07/2020

$10k fine for woman who failed to alert the authorities about company’s business with N. Korea

SINGAPORE - A Singapore-based company unlawfully supplied luxury items worth more than $6 million to North Korea, and its shipping manager failed to alert the authorities about these transactions.. ( read original story ...)

Posted on 29/07/2020

Singapore hopes US can stabilize its relations with China, says PM Lee Hsien Loong

Singapore hopes the United States is able to stabilize its relationship with China, because Asia depends on stable ties between the two countries to have a secure and predictable ... ( read original story ...)

Posted on 29/07/2020

Renewed Selling Pressure Likely For Singapore Shares

Closer to home, Singapore will see June figures for import and export prices and producer prices later today, as well as Q2 numbers for unemployment. In May, export prices were down 10.0 percent ... ( read original story ...)

Posted on 29/07/2020

Enhancing safety measures in the Port of Singapore

THE Maritime and Port Authority of Singapore (MPA) is enhancing safety measures in the Port of Singapore, in view of the heightened r ... ( read original story ...)

Posted on 29/07/2020

Singapore Job Offers Canceled Amid Recession, Recruiters Say

Job seekers in Singapore are seeing signed employment contracts rescinded as businesses cut back on hiring during the pandemic-triggered recession, recruiters say. ( read original story ...)

Posted on 28/07/2020

Singapore’s GIC and Temasek fear prolonged COVID impact

SINGAPORE -- Singapore government funds GIC ... "strong preference for companies with more resilient balance sheets and business models." Meanwhile, Temasek revealed in its preliminary performance ... ( read original story ...)

Posted on 27/07/2020

Column: China’s surging crude imports mask weakness in the rest of Asia

The ongoing flood of crude oil into China is obscuring the fact that demand in the rest of Asia remains weak, and that countries in the world's top-consuming region didn't join China is stocking up ... ( read original story ...)

Posted on 27/07/2020

Tokyo, Sydney aim to lure edgy HK financial firms, but Singapore a top draw

Japan, Australia and some other nations are readying incentives to attract banks and asset managers in Hong Kong that are worried about the new security law imposed by China, but finance sector ... ( read original story ...)

Posted on 27/07/2020

Singapore Airlines braces for another record loss on virus

Singapore Airlines, consistently voted one of the world’s best airlines by Skytrax, is poised for another hefty quarterly loss after the coronavirus left it flying a tiny fraction of its usual number ... ( read original story ...)

Posted on 27/07/2020

COLUMN-China’s surging crude imports mask weakness in the rest of Asia: Russell

China's crude imports set consecutive records in May and June, and will remain at high levels in July and likely August too, as the massive volumes of oil bought during a brief price war in April ... ( read original story ...)

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