Category: BUSINESS

Singapore’s Prime Minister Lee Hsien Loong named a new trade ... Chan will play a key role in an economy that is forecast to see solid growth in 2018 after an export boom last year gave the country its fastest expansion since 2014. Inflation remains ... ( read original story ...)

The European Union jumped purchases significantly to 41.8 million gallons year-to-date, while U.S. exports of ethanol to Singapore increased 309 percent year-over-year to 31.1 million gallons thus far in the marketing year. Both markets are widely used as ... ( read original story ...)

SINGAPORE (Reuters) - China is unlikely to see a repeat surge in liquefied natural gas (LNG) imports this coming winter as the world’s largest energy consumer has learned from the previous cold season to keep demand under control, the head of Unipec said ... ( read original story ...)

To buy more imports than exports, it must borrow from abroad to pay for those goods. This means the US trade deficit also signals that it’s borrowing from foreigners. On the flip side, when a country runs a trade surplus—as Singapore does—it’s ... ( read original story ...)

Singapore's non-oil domestic exports fell by 2.7% in March due to lower electronics exports. According to ING Asia Pacific Economics head of research Rob Carnell, the drop is "a little" worrying. "Accounting for about 30% of total non-oil domestic exports ... ( read original story ...)

But most experts feel that exports will continue to grow this year, just not at last year's breakneck pace. SEE TOP OF THE NEWS: Singapore exports fall for second straight month Topics: ( read original story ...)

as well as quick and hassle-free export processes. This would allow Malaysian small and medium enterprise owners to reach out to new customers among Singapore’s population of six million, whereby in this pilot phase, over 50,000 products from various ... ( read original story ...)

Singapore economy grew 3.5% in 2017 supported by the 3.1% growth in the fourth quarter from a year earlier, easing from growth of 5.4% in the previous quarter. A continued rise in demand for electronic gadgets, growth in exports and boosted investment ... ( read original story ...)

Exports of 428,100 MT were up 30 percent from the previous week and 14 percent from the prior 4-week average. The primary destinations were to Iraq (105,000 MT), Mexico (104,100 MT), Japan (59,600 MT), Chile (49,500 MT), and Guatemala (33,500 MT). ( read original story ...)

SINGAPORE - For two years, a Singapore Customs officer repeatedly abused her position to fraudulently obtain goods and services tax (GST) tourist refunds. In total, she received more than $16,000. Pang Yeow Biah, 61, who is no longer working there, pleaded ... ( read original story ...)

Various business sectors like manufacturing (OEM and silicon parts), financial intermediation and retail and wholesale trade are the main growth drivers for Singapore’s recent economic surge. This notwithstanding, Singapore’s resilient economy is only ... ( read original story ...)

This story was delivered to Business Insider Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The Singapore Fintech Association has launched a marketplace lending committee, which aims to build trust in the alt ... ( read original story ...)

Prices have risen due to higher costs of eating out in restaurants. The average cost of a business trip to Singapore has increased to US$479 or $647 per day, compared to US$472 in 2016, ECA International revealed in its Daily Rates research. It rose from ... ( read original story ...)

Google Store Singapore and South East Asia – Google Pixels Phone now available to buy directly from Google – No more parallel import! A Google Home Mini costs only S$79. Still a bit more expensive if you convert directly from its US price US$49 with ... ( read original story ...)

Exports continued to disappoint for the second straight month in March, hit by a triple whammy of high base effects, cooling electronics demand and a strengthening Singdollar. The decline comes at a time when global trade tensions continue to mount, which ... ( read original story ...)

SINGAPORE: Exports increased only 2.1% y/y versus 5.2% expected. While this was worse-than-expected, imports declined by 0.6% y/y. The latter was expected to rise 6.3%, making the miss here more intense than the former. When net exports are positive ... ( read original story ...)