SINGAPORE: More than 5,000 bags of counterfeit rice imported from India were seized, Singapore Customs said on Friday. The owner of the Singapore-registered trademark, who suspected that the imported rice infringed its trademark, had reported the shipment ... ( read original story ...)
Singapore govt slashes economic growth, exports forecasts for 2016
SINGAPORE: Singapore’s government slashed its economic growth and exports forecasts for 2016 after the economy contracted in the third quarter, reinforcing the risk of a recession amid fresh uncertainty around global trade under US President-elect Donald ... ( read original story ...)
Singapore-Russia ties are strong and can grow further: Tharman
This relationship can grow and both countries can benefit," he told an audience of 200 business and government leaders at the Russia-Singapore Business Forum (RSBF). The event, organised by trade-promotion agency International Enterprise (IE) Singapore at ... ( read original story ...)
Crucial for Singapore to diversify its relationships under global uncertainty: DPM Tharman
Speaking to his Russian counterpart Igor Shuvalov and more than 200 delegates at the Russia Singapore Business Forum, Mr Tharman said that with a cloud of uncertainty looming over the globe, there is no sure way to tell who will become winners or losers. ( read original story ...)
Promoting the Verifiable Business Continuity Plan (BCP) Initiative
The Singapore Business Federation (SBF) has been actively working, over the last eight years, with SPRING and industry partners to advocate business continuity management (BCM) and support the need for enterprises to be BCM-certified. To sustain Singapore ... ( read original story ...)
The Curious Case Of The Singapore Worker
SINGAPORE workers are caught between their cubicle and a hard ... Some people work long hours for no good reason at all, says an analyst at an investment bank whom The Business Times (BT) will call "James". "There are people who stay late in the office ... ( read original story ...)
Singapore SMEs are very fortunate: Helene Raudaschl, EY Entrepreneur of the Year
Born and raised in Hong Kong, Raudaschl was exposed to the ins and outs of running a small company from a young age with her grandfather and mother running a food business. In the late 1990s, she moved to Singapore and joined Indoguna, which was set up in ... ( read original story ...)
Ban on flavoured tobacco products will hurt business: Retailers
SINGAPORE — Retailers have strongly objected to a proposal ... 99 per cent of the respondents stated that such a prohibition would negatively affect their business, while 97 per cent were concerned that the move could lead adult smokers to turn to ... ( read original story ...)
KL, Manila now focus of Chinese diplomatic charm offensives; S'pore may be pressured
Singapore's defense ministry said on Thursday it was trying ... as well as full compliance with all regulatory and trade requirements in its conduct of business," the spokesman said. APL is a subsidiary of the French-based CMA CGM Group. ( read original story ...)
Singapore's economy grows by 1.1% in Q3
Growth was weighed down primarily by the weak performance of the business services and wholesale and retail trade sectors. The MTI said for the rest of the year, Singapore's GDP growth is expected to remain modest, while for 2017, global growth is ... ( read original story ...)
Singapore’s exports forecast to reflect contraction of 5.5%
External demand has remained stubbornly weak, with China, the euro zone and the United States — Singapore’s top three trading partners — importing less from the Republic. Amid fresh uncertainty around global trade sparked by US President-elect Donald ... ( read original story ...)
Singapore businesses urge Apec economies to resist protectionism
THE Singapore Business Federation (SBF) said on Thursday it supports the calls of the Apec Business Advisory Council (ABAC) to resist protectionism and inward-looking policies, as "open and inclusive global trading system can act as a catalyst for ... ( read original story ...)
Indonesia, Singapore sign banana exports contract
SINGAPORE: Indonesia’s biggest banana producer, Nusantara Tropical Farm, signed a memorandum of understanding with Benelux Flower and Food for its first Cavendish banana export to Singapore. The contract was signed during the Fruit Indonesia 2016 ... ( read original story ...)
Singapore exports slump in Q3, forecast for year downgraded
SINGAPORE: Exports in Singapore slumped in the third quarter, declining 5.4 per cent from the previous year, according to figures released by International Enterprise (IE) Singapore on Thursday (Nov 24). The contraction follows a 0.2 per cent decline in ... ( read original story ...)
Singapore downgrades 2016 GDP, exports f'casts after Q3 contraction
SINGAPORE, Nov 24 (Reuters) - Singapore downgraded its forecasts on economic growth and exports for 2016 after confirming a contraction in output in the third quarter, raising the risk of a recession amid fresh uncertainty around global trade under U.S ... ( read original story ...)
Singapore Telco’s mobile revenue declines
SINGAPORE: Originally, there were three parties vying to be Singapore’s fourth telco, namely MyRepublic, TPG Telecom and airYotta. Last Wednesday, airYotta had to drop out from the race as it did not meet the Infocomm Media Development Authority’s ... ( read original story ...)