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Category: BUSINESS

Posted on 02/02/2019

India needs to boost exports with ASEAN countries: Indian High Commissioner to Singapore

SINGAPORE: India's trade with the South East Asian nations is below potential, the Indian High Commissioner to Singapore Jawad Ashraf said on Saturday, as he underlined the need to give priority to mi... ( read original story ...)

Posted on 02/02/2019

Singapore’s manufacturing sentiment sours for H1 2019

However, EDB noted that offshore rig orders remain subdued. Also read: Singapore non-oil domestic exports dropped 8.5% in December 2018 "A weighted 22% of firms also indicated price competition from o... ( read original story ...)

Posted on 02/02/2019

Australia’s LNG exports slip behind Qatar in January on outage

SINGAPORE, Feb 1 (Reuters) - Australia’s liquefied natural gas (LNG) exports fell in January due to lower production from an LNG plant and a bout of hot weather, pushing exports below rival Qatar, acc... ( read original story ...)

Posted on 02/02/2019

GRAINS-Subdued market braces for export data, outcome of China talks

USDA to release first weekly export sales since shutdown end * Market also monitoring trade talks, extreme cold in U.S. (Updates with European trading, changes byline/dateline) PARIS/SINGAPORE, Jan 31 ... ( read original story ...)

Posted on 02/02/2019

Oil Prices Rise on Saudi Cuts to U.S., Venezuela Struggles to Keep Up Exports

SINGAPORE — Oil prices rose for a third day on Thursday, pushed up by lower imports into the United States amid OPEC efforts to tighten the market, and as Venezuela struggles to keep up its crude expo... ( read original story ...)

Posted on 02/02/2019

China’s economic woes have further to spread across Asia, latest export indicators show

Trade-dependent Singapore posted its biggest fall in exports in more than two years, while in Indonesia, the biggest economy in South-east Asia, the drop in shipments was the worst since mid-2017. Sou... ( read original story ...)

Posted on 02/02/2019

China and Singapore to invest US $ 1.1bn in cement and steel plants

Sri Lanka moves closer to secure US $ 1.1 billion investments from Singapore and Chinese investors to set up ... He noted that the Singaporean investor is investing in the plant targeting steel export... ( read original story ...)

Posted on 02/02/2019

Malaysian exports up 6.7% to almost RM1 trillion last year

supported by higher exports to Vietnam, Thailand, Singapore, the Philippines and Cambodia. Exports to China, meanwhile, grew 10.3% to RM138.88 billion on the back of higher exports of products like ch... ( read original story ...)

Posted on 31/01/2019

Singapore still trails behind Hong Kong in economic freedom

Hong Kong beat out Singapore as the freest economy in Asia Pacific and across the globe according to the Heritage Foundation’s 2019 index of economic freedom, with a freedom score of 90.2 compared to ... ( read original story ...)

Posted on 31/01/2019

Hit by sanctions, Asia’s Iran crude oil imports drop to three-year low in 2018

SINGAPORE (Reuters) - Iranian crude oil imports by Asia's top four buyers dropped to the lowest volume in three years in 2018 amid U.S. sanctions on Tehran, but China and India stepped up imports in D... ( read original story ...)

Posted on 30/01/2019

Doing Business in Singapore: What to Know Before Entering the Market

The Republic of Singapore is a prosperous nation-state on the Straits of Malacca, near the southern tip of the Malaysian peninsula. For a variety of reasons, some of which we’ll explore in greater det... ( read original story ...)

Posted on 29/01/2019

Singapore SMEs slow on digital adoption and cyber protection: survey

SMEs were also found to be upbeat about their businesses and overall economy, with 44 per cent believing business will improve in the next 12 months. Meanwhile, 39 per cent of respondents are of the v... ( read original story ...)

Posted on 27/01/2019

Singapore’s Credit Culture raises $29.5M for its soon-to-launch digital loan business

Singapore’s digital fintech companies are attracting investor attention and dollars in 2019. Fresh from Singapore Life — a digital-only insurer — raising $33 million across two recently ... ( read original story ...)

Posted on 27/01/2019

Singapore fuel oil inventories climb as net imports rebound

SINGAPORE (Reuters) - Singapore fuel oil inventories climbed 8 percent in the week to Jan. 23, snapping four straight weeks of inventory declines in line with rising net imports of the fuel during the ... ( read original story ...)

Posted on 25/01/2019

Singapore proposes stricter rules for ride-hailing operators

SINGAPORE: Singapore is proposing to step up regulation of ride-hailing companies such as Grab and Go-Jek, bringing rules for the services in line with taxi operators in a bid to better protect the sa... ( read original story ...)

Posted on 25/01/2019

Bak kwa sellers blame price rises on CNY demand, not pig import disruption

SINGAPORE - Recent disruptions in the import of live pigs from Indonesia have had little impact on supply and prices thus far, raw pork and bak kwa sellers say. With Chinese New Year less than two wee... ( read original story ...)

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