Govt to observe Singapore’s proposed digital business tax

SINGAPORE: The government will keep tabs on the proposed tax ... to impose GST on imported digital services in the near future, with the Royal Malaysian Customs Department currently working on the statutory amendments to enable the enforcement. ( read original story ...)

Singapore PPI Falls For Second Month

Singapore's producer prices declined for the second successive ... reversing a 0.8 rise in December. Data also revealed that import prices slid 0.3 percent yearly in January, following a 0.4 percent drop in the preceding month. Export prices dipped 2.3 ... ( read original story ...)

Sinopec plans to import more oil from U.S.

China Petroleum & Chemical Corp, China's largest oil refiner, is expected to import 10 million metric tons of crude oil from the United States this year, said the company, also known as Sinopec. Unipec Singapore Pte Ltd, a trading unit of Sinopec ... ( read original story ...)

US aluminium import tariffs short-term bullish – Report

A Singapore-based trader suggested that “It is hard to quantify ... US aluminium premiums will rise should the US impose import tariffs and quotas on aluminium and aluminium products, market observers agree. American Metal Market’s assessment of ... ( read original story ...)

China raises anti dumping duties on MMA imports

BEIJING: China’s Ministry of Commerce (MOC) said Tuesday it will impose higher anti-dumping measures on methyl methacrylate (MMA) imported from Singapore, Thailand and Japan. An MOC ruling requires importers to apply anti-dumping duties at rates ranging ... ( read original story ...)

Exxon Mobil : looks to build Mozambique LNG export project

SINGAPORE (Reuters) - Exxon Mobil is planning to build a Mozambique liquefied natural gas (LNG) export project and is looking to expand operations at its Papua New Guinea and Qatari LNG projects, a senior company official said on Wednesday. SINGAPORE ... ( read original story ...)

Scrap Exports by World Countries Exhibited Mixed Trend in 2017

The scrap exports by Singapore declined marginally during the year. The exports were down by 4% to total around 790,000 tons. The largest destination of exports was India. The steel scrap exports to India totaled 220,000 tons, accounting for nearly 28% of ... ( read original story ...)

Indonesia’s Export Value to China Rises

Having an export share of 1.59 percent to China in 2017, Indonesia ranks 14th below Singapore and Vietnam. The share of Indonesia's exports to China in 2017 also shows an increase compared to 2015, which only stood at 1.24 percent and 2016 at 1.39 percent ... ( read original story ...)

Scrap Exports Exhibited Mixed Trend in 2017

The scrap exports by Singapore declined marginally during the year. The exports were down by 4% to total around 790,000 tons. The largest destination of exports was India. The steel scrap exports to India totaled 220,000 tons, accounting for nearly 28% of ... ( read original story ...)

2 Singapore Airbnb hosts plead guilty to illegal rentals

FILE - In this Tuesday, Jan. 16, 2018, file photo, Yao Songliang, left, and Terence Tan En Wei, leave the State Court after their hearing on charges of providing short-term rentals to tenants via Airbnb in Singapore. The two men have pleaded guilty Tuesday ... ( read original story ...)

Scotch Whisky Breaks Export Record, Thanks To Single Malt Sales

Though it may not show in the statistics, whisky usually reaches these countries through distributors in Singapore and Latvia, which saw a growth of 29% (£291 million) and 105% (£120 million) respectively. Scotch whisky’s top five export markets also ... ( read original story ...)