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Category: BUSINESS

Posted on 17/07/2019

Domestic medical device makers raise pitch for duty hikes on imports

India imports about 80 percent of its medical devices ... followed by Germany, China, Singapore and Netherlands. Government’s dilemma Indian government while mentioning about the need to promote 'Make ... ( read original story ...)

Posted on 16/07/2019

Hong Kong millionaires moving cash to Singapore as political crisis lingers

A major Asian wealth manager said it has received a large flow of new money in Singapore from Hong Kong over recent weeks, requesting not to be identified due to the sensitivity of the issue. One Hong ... ( read original story ...)

Posted on 14/07/2019

China’s crude imports rise in June as new refineries start operations

China’s crude oil imports on a daily basis in June rose 15.2 per cent from a year earlier, customs data showed on Friday, as the start up of new large-scale refiners spurred demand for feedstocks. A ... ( read original story ...)

Posted on 14/07/2019

China’s June crude oil imports rise on-month, but below peak -Rtrs calculations

SINGAPORE/BEIJING — China’s crude oil imports rose in June from May on a daily basis but remained off April’s peak, according to Reuters calculations based on customs data issued on Friday. ... ( read original story ...)

Posted on 13/07/2019

Warning Shot to World Economy as Singapore Slumps, China Exports Drop

(Bloomberg) -- An unexpected contraction in Singapore’s economy and a slump in China’s exports sent a warning shot to the world economy as simmering trade tensions wilt business confidence and ... ( read original story ...)

Posted on 12/07/2019

Exclusive: Singapore cautions wealth managers on aggressively courting HK business

SINGAPORE/HONG KONG (Reuters) - Singapore has cautioned wealth managers against aggressively marketing their services or making other efforts to woo clients to the city state by capitalizing on rival ... ( read original story ...)

Posted on 12/07/2019

Singapore’s Shock Contraction Sends Warning for World Trade

(Bloomberg) -- An unexpected contraction in Singapore’s economy in the second quarter sent a warning shot to the world economy as simmering trade tensions wilt business confidence and activity. Gross ... ( read original story ...)

Posted on 12/07/2019

Singapore cautions wealth managers on aggressively courting HK business -sources

SINGAPORE/HONG KONG — Singapore has cautioned wealth managers against aggressively marketing their services or making other efforts to woo clients to the city state by capitalizing on rival Hong ... ( read original story ...)

Posted on 11/07/2019

Singapore to deport Myanmar citizens for ‘funding’ Rakhine rebels

with one co-ordinating fundraising efforts among the diaspora in Singapore. "They should not import their domestic political issues from their countries into Singapore," the statement said. Khine Thu ... ( read original story ...)

Posted on 11/07/2019

India urges Indonesia to reduce import quota restrictions on auto sector

“The restricted import quota prescribed by Indonesia for Indian vehicles ... Indonesia is India’s second-largest trade partner in the Asean region after Singapore. However, India’s trade deficit ... ( read original story ...)

Posted on 10/07/2019

MHA explains why Nigerian spared death sentence for importing about 2kg of ‘Ice’

SINGAPORE: A Nigerian man who was originally sentenced to death for importing about 2kg of drugs was spared the gallows upon appeal because he was found not to know of the presence of the drugs, ... ( read original story ...)

Posted on 10/07/2019

Southeast Asia’s best solutions take spotlight at SBR Asian Business Case Studies Awards 2019

Singapore Business Review recognised extraordinary companies and their noteworthy solutions at the fourth Asian Business Case Studies Awards 2019 held at Sheraton Towers Singapore on 9 July. The ... ( read original story ...)

Posted on 10/07/2019

Singapore Pushes for Mediation Role as Trade War Breeds Disputes

Singapore wants to position itself as a hub for business mediation to help resolve commercial conflicts, at a time when tensions between the U.S. and China could affect investments and trade flows. ... ( read original story ...)

Posted on 07/07/2019

Malaysia draws a line over sea sand exports – but says ban wasn’t aimed at Singapore

The Mahathir administration says it stopped exporting sea sand to any countries last year over environmental concerns The government is trying to downplay a report saying the embargo was in response ... ( read original story ...)

Posted on 07/07/2019

Ban on sea sand exports for environmental reasons, Singapore not targeted: Malaysian minister

KUALA LUMPUR: Malaysia denied on Thursday (Jul 4) that its ban on sea sand export is designed to stop Singapore from expanding its land mass, with Water, Land and Natural Resources Minister Xavier ... ( read original story ...)

Posted on 03/07/2019

Firm fined for illegally importing more than 2.5 tonnes of fresh vegetables from Malaysia

SINGAPORE: A company was fined S$7,500 on Wednesday (Jul 3) for illegally importing more than 2.5 tonnes of fresh vegetables from Malaysia, the Singapore Food Agency (SFA) said in a media release. In ... ( read original story ...)

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