Category: BUSINESS

SINGAPORE: ExxonMobil (XOM.N) said on Monday it has completed the acquisition of Jurong Aromatics, a refining and petrochemical plant in Singapore, that will meet fast-growing demand in Asia. The acquisition will boost the U.S. company’s aromatics ... ( read original story ...)

How do businesses tap into the world market with lower overheads but keep a foothold in the hub of Singapore? Look north, to the burgeoning Iskandar district in Johor. A gateway to Southeast Asia and a growing business hub, Malaysia’s southern centre of ... ( read original story ...)

[Photo provided to China Daily] When he was appointed CEO of both Scoot Airways and Tigerair, two budget airlines owned by Singapore Airlines, in July, Lee Lik Hsin immediately realized he would have no leisure time. His task was cut out: lead the ... ( read original story ...)

has moved the high court of Singapore seeking a stay on a demand to produce documents pertaining to Indonesian coal imports from Adani’s subsidiaries, a few shipping companies and banks by a lower court of Singapore, said sources. Over the last two ... ( read original story ...)

The driver, a 33-year-old Malaysian man, the cigarettes and truck were handed over to Singapore Customs for investigation, it said. The vehicle used in the commission of such offences is liable to be forfeited. The total duty and Goods and Services Tax ... ( read original story ...)

Detailed analysis of the Singapore power markets regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain is provided. Request For Free Sample - www.marketresearchhub.com/enquiry.php? ( read original story ...)

Fairfax Financial Holdings Ltd. is selling a Singaporean insurance subsidiary in a partnership deal designed to open more growth opportunities in other pockets of the world. The Toronto-based insurance and investments company said Wednesday that it had ... ( read original story ...)

Singapore’s government will support technology startups by doing business with them rather than having them rely on grants as the city-state pushes ahead with a plan to become a high-tech hub, a top minister said. The government wants to fuel private ... ( read original story ...)

Summary: Vegetables are lifted to Singapore by Singapore-bound Scoot Airlines and the Kuala Lumpur –bound Air Asia and Malindo Air flights. Nearly 400 tonnes of perishables – vegetables, fruits and flowers – were being exported to Singapore per month ... ( read original story ...)

Singapore’s government will support technology startups by doing business with them rather than having them rely on grants as the city-state pushes ahead with a plan to become a high-tech hub, a top minister said. The government wants to fuel private ... ( read original story ...)

Singapore has raised the prospect of renegotiating terms on a long-awaited free trade deal with the European Union (EU) due to the impact of Brexit, a Square Mile official has revealed. Sherry Madera, the City of London Corporation's special adviser for ... ( read original story ...)

Work is well under way to secure Singapore's future as a key port of call - most prominently ... range of large-scale infrastructure projects that will vie for transhipment business in the region. Malaysia, for instance, wants to build a giant port on ... ( read original story ...)

SINGAPORE: Non-oil domestic exports (NODX) in Singapore rose by 8.5 per cent year-on-year in July, the third consecutive month of growth, according to statistics released by trade agency International Enterprise (IE) Singapore on Thursday (Aug 17). ( read original story ...)

More than 1,400 packets of duty-unpaid cigarettes hidden in a delivery truck were uncovered by Singapore Customs officers last week, with the 706 cartons hidden beneath banana leaves. A 21-year-old Indonesian man, Suryadi Memet, has been sentenced to ... ( read original story ...)

said Singapore Customs in a media release. Suryadi Memet, 21, was arrested at Geylang Serai Market earlier this month, while he was waiting to collect the contraband goods from a truck that officers had trailed to the market. This happened on Aug 5 at ... ( read original story ...)

More than 700 cartons of cigarettes were seized in an operation by the Singapore Customs two weeks ago, where the man was arrested. In addition to the unpaid duty, the cigarettes also evaded Goods and Services Tax (GST) amounting to $6,230. On Aug 5 ... ( read original story ...)