It could be a downside risk to its GDP growth. In a CNBC report, Loh Khum Yean, Singapore's permanent secretary for trade and industry, said the better performance came on the back of improved growth prospects in advanced economies. However, he said rising ... ( read original story ...)
Daily Briefing: Singapore’s Q1 GDP up 2.7%; Ex-trader fined over 1MDB saga
And here's what tenants need to know about renting a house in Singapore. From CNBC via Yahoo!: Singapore's first quarter GDP rose 2.7 percent year-on-year as expected, the Ministry of Industry and Trade said on Thursday, as it affirmed the full-year ... ( read original story ...)
Singapore must be more transparent in shark fin trade: Report
The recorded export and import values of shark fin in Singapore was S$50.4 million and S$65 million, respectively, during that period, second only to Hong Kong's S$57.2 million for export and S$215.4 million for import trade, the report said. Traffic and ... ( read original story ...)
Singapore Sees Growth Exceeding 2% in 2017 as Exports Climb
Singapore’s government gave an upbeat outlook on the economy, saying it will probably expand more than 2 percent this year as exports continue to strengthen. The Ministry of Trade and Industry maintained its GDP growth forecast for 2017 at 1 percent to 3 ... ( read original story ...)
Singapore exports are down, but not just because of pharma
The decline was primarily driven by the downturn in China demand. Singapore's non-oil domestic exports (NODX) faced a steep decline this April 2017. Analysts argue that this was brought about by the big drop in pharmaceutical exports. The overall ... ( read original story ...)
IndiGo launches daily non-stop flight between Singapore and Bengaluru
With the launch of the daily direct flight, IndiGo offers an affordable and convenient option on two of the busiest business sectors. Kumar, said “Both Singapore and Bengaluru are strong business and tourism hubs and attract significant passenger traffic. ( read original story ...)
Singapore exports dip in April, ending 5 months of growth
SINGAPORE — Non-oil domestic exports (Nodx) posted a surprise contraction last month, dipping 0.7 per cent from a year ago against economists’ expectations of an expansion and ending a growth streak that was the strongest in more than six years. ( read original story ...)
Singapore Airlines to transform operations and reintegrate cargo business
SINGAPORE — Singapore Airlines (SIA) announced a major business transformation of the national carrier on Friday (May 19), after reporting an unexpected fourth-quarter net loss of S$138 million. The group is taking “bold radical measures”, which will ... ( read original story ...)
India, Singapore kick off major naval exercise in South China Sea
NEW DELHI: India and Singapore on Thursday kicked off a major naval exercise "SIMBEX" in the contentious South China Sea, where China is locked in bitter territorial disputes+ with most of its neighbours. India has deployed its stealth frigates ... ( read original story ...)
Singapore's 'Uber of lifesaving' app is a simple way to stop people from dying on the street
Singapore's chief information officer and deputy chief executive of the Government Technology Agency. "After that happened, more and more people realized how important [the app] is," Hoe tells Business Insider. A similar app, also hooked up to emergency ... ( read original story ...)
Singapore Airlines revamp starts after surprise loss
SINGAPORE - Singapore Airlines, Southeast Asia's biggest carrier, said it has started a wide-ranging review of its business to better position the group for long-term sustainable growth after reporting a surprise fourth-quarter loss. "A dedicated ... ( read original story ...)
Third straight slide for Singapore shares over political turmoil
SINGAPORE: Singapore shares slid for the third straight day, as the drama unfolding in Washington DC raised more questions on the United States’ political stability. Talks in the US capital that president Donald Trump may potentially face impeachment ... ( read original story ...)
Networking event of the Sri Lanka – Singapore Business Council and Singapore (Sri Lanka) Club
A joint Networking Evening was recently organized by the Sri Lanka – Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce and the Singapore (Sri Lanka) Club. The event was organized with the objective of providing an opportunity for ... ( read original story ...)
Singapore April non-oil exports down 0.7 pct y/y
SINGAPORE May 17 Singapore's non-oil domestic exports (NODX) unexpectedly fell in April after five consecutive months of growth, due to a sharp decline in the pharmaceutical exports. Exports dropped 0.7 percent from a year earlier, data from trade agency ... ( read original story ...)
UPDATE 1-Singapore April non-oil exports down first time in 5 months
SINGAPORE May 17 Singapore's April non-oil domestic exports unexpectedly fell after five consecutive months of growth, due to a downward swing in pharmaceutical exports. Singapore's exports fell 0.7 percent from a year earlier, data from trade agency ... ( read original story ...)
Smarter together: The France-Singapore cleantech connection
“There are a lot of French companies that have built up strong capabilities in urban solutions in their Singapore operations over the years, and we are pleased to see many meaningful partnerships develop between French business interests and Singapore ... ( read original story ...)