Category: BUSINESS

The index ended a third straight week higher. Malaysia's exports in June grew 10% from a year earlier, government data showed. Bucking the trend, Singapore ended 0.3% down, as oil and gas stocks took a hit from lower oil prices. Sembcorp Industries lost 1 ... ( read original story ...)

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U.S. oil production at highest since August 2015 * OPEC oil exports hit record high in July * Russia's Rosneft production at 4.57 million bpd in Q2 * Record U.S. gasoline demand provides some support (Updates throughout, changes dateline from SINGAPORE ... ( read original story ...)

SINGAPORE (Nikkei Markets ... In economic data, Malaysia's June exports rose 10% from a year earlier thanks to stronger shipments of electronics and robust demand from China, official data showed Friday. That compared with May's 32.5% year-on-year ... ( read original story ...)

The partnership agreement between the two companies results from previous collaborations earlier this year. DB Schenker smoothly executed several air freight export shipments of fresh fruits from China to Russia, Singapore and Hong Kong. ( read original story ...)

In a press briefing yesterday, Philippines-Singapore Business Council (PSBC) co-chair Lo Chin Hua said many Singaporean companies have expressed interest in looking for potential projects in the Philippines, one of the fastest-growing economies in ... ( read original story ...)

Uber knew there was an overheating problem with the Honda Vezels they were importing to Singapore to lease to private-hire drivers, but they simply threw caution to the wind. Even when one of the Honda Vezels caught fire, Uber executives simply hushed up ... ( read original story ...)

These animals were smuggled to Singapore around six months ago. Customs officials in Singapore, however, seized and sent these endangered species to Animal Concerns and Research Education Society (Acres) there. Wildlife SOS and the Karnataka Forest ... ( read original story ...)

TOKYO/SINGAPORE, Aug 3 (Reuters) - Iran's oil exports to China may rise to the highest in 11 months in August as demand for heavier Iranian crude increased after the country cut its prices, two sources with knowledge of the matter said on Thursday. ( read original story ...)

Growth in Singapore's private sector picked up last month although ... but at a pace that is below the average seen so far this year. This was despite new export sales increasing at the strongest pace since the survey started nearly five years ago, buoyed ... ( read original story ...)

A 33-year-old Vietnamese national, Do Trong Hoang, was fined $10,000 on Wednesday (Aug 2) for smuggling ivory products into Singapore, the Agri-Food ... AVA warned that it is an offence to illegally import/export, possess, sell, offer/advertise for ... ( read original story ...)

Singapore Area Coordinator (SAC ... utilizing green energy helps reduce dependence on foreign imports like oil. By utilizing more green energy sources, military installations worldwide can dramatically reduce their need to spend money importing coal ... ( read original story ...)

has officially awarded import rights to six Southeast Asian bidders for the 250,000 metric tons (MT) of rice to boost the country’s dwindling buffer stock. NFA said it has issued notice of award to the four companies from Vietnam, one from Singapore and ... ( read original story ...)

TOKYO/SINGAPORE, Aug 3 (Reuters ... and falling Latin American output have tightened heavy crude supplies. Chinese buyers are also importing more Middle East crude as the Dubai price benchmark has weakened against Brent, a second source said. ( read original story ...)

Philippine bowling team head coach Paeng Nepomuceno said he hopes it’s not stuck in some Customs warehouse ... At the previous SEA Games in Singapore, the Philippines brought home only two bowling medals – a bronze in the women’s trios with Posadas ... ( read original story ...)

The government has invited Exxon Mobil Corp. to set up a new refinery or explore the possibility of relocating a unit from Singapore to tap into the growing ... Indonesia may need to import half of its annual fuel needs even after increasing its refining ... ( read original story ...)