Singapore Airlines places $13.8 billion wide-body Boeing order

The fact that Airbus was not ready to make a definitive offer to supply the new plane, relying instead on the 366-seat A350-1000, may have been a handicap in the contest for Singapore's business, an industry source said. "Our priority is to certify and ... ( read original story ...)

Singapore advisory panel unveils long-term economic strategy

SINGAPORE: A key Singapore advisory panel on Thursday proposed a 10-year strategy aimed at ensuring annual economic growth of 2-3 percent, mainly centred on trade partnerships, deepening the workforce's tech skills and digitalising the economy. It also ... ( read original story ...)

Singapore seizes jet of 1MDB-linked tycoon Jho Low: Reports

A private jet belonging to Malaysian tycoon Low Taek Jho - who is under investigation for his involvement in the scandal-hit Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) - has been seized by Singapore authorities, media in both ... ( read original story ...)

Singapore Airlines to buy 39 Boeing planes worth US$13.8b

SINGAPORE: Singapore Airlines (SIA) has announced an order for 39 Boeing passenger planes worth US$13.8 billion as part of its growth plans for the next decade. The carrier said in a statement on Thursday (Feb 9) that it had signed a letter of intent with ... ( read original story ...)

Singapore Exchange holds talks with gas exporter

Reuters are reporting that Singapore Exchange has held talks with Saudi Aramco on a secondary listing, after the oil and gas company suggested last week it would likely list on more than one exchange. The planned listing next year of up to 5% of Aramco is ... ( read original story ...)

Singapore Exchange in talks with Saudi Aramco

SINGAPORE: Singapore Exchange held talks with Saudi Aramco on a secondary listing, two sources familiar with the matter said, after the oil and gas company suggested last week it would likely list on more than one exchange. According to details, the ... ( read original story ...)

Singapore job vacancies rebound after 6 quarters

SINGAPORE: After six straight quarters of declines, the number of job vacancies rebounded, with fewer employers having as much difficulty filling these positions, the latest job vacancies report released by the Ministry of Manpower (MOM) shows. According ... ( read original story ...)

Singapore’s SIAEC net profit rise 6.5% in Q3

SINGAPORE: Singapore Airlines’ engineering arm reported its third-quarter net profits rose 6.5 per cent to $52.6 million. The bottom line got a $2.3 million boost on the partial disposal of an associated company, while the same quarter last year was ... ( read original story ...)

Monetary Authority of Singapore: Asia companies can endure shocks

The column was based on an abridged interview done by the Official Monetary and Financial Institutions Forum and due to be published in their monthly magazine, Business Times said. Profits at Singapore’s three publicly traded banks have come under strain ... ( read original story ...)

Singapore to enter an economic downturn in 2017?

In Singapore Business Federation’s National Business Survey too, 50% of businesses reported a pessimistic outlook, with demands for the government to act in some way. Will the Singapore dollar be guided down? Source: Pixabay IMF data for GDP per capita ... ( read original story ...)

Traders rush to ship U.S. oil as export window to Asia opens

The U.S. crude cargoes, which will include both light and heavy grades, will reach China, Japan and Singapore, according to four trading sources and Reuters shipping data. Some exports are also headed to Europe and Latin America. "It's a good time to buy U ... ( read original story ...)