SINGAPORE: Singapore shares rebounded yesterday following two straight days of losses amid a mixed showing across Asia. The benchmark Straits Times Index (STI) rose 32.07 points, or 1.07 per cent, to 3,025.07 – up 62.44 points or 2.11 per cent for the ... ( read original story ...)
Two Singapore business schools make it to the world's crème de la crème
They are INSEAD-Singapore and NUS Business School. Two Singaporean institutions, INSEAD – Singapore and the NUS Business School at the National University of Singapore, are rated by research firm QS as both being outstanding for both graduate ... ( read original story ...)
Singapore December exports seen up 5.8% but outlook remains weak
SINGAPORE (REUTERS) - Singapore's non-oil domestic exports in December were expected to rise from a year earlier, but analysts remain cautious about the outlook, a Reuters poll found on Friday (Jan 13). Non-oil domestic exports likely rose 5.8 per cent ... ( read original story ...)
Singapore: Throw-away nation
Singapore's leading brewing company, Asia Pacific Breweries (APB), has also gone big on recycling. It proudly told The Business Times that it has been consistently sending just one per cent of its waste to the landfill in the last few years. Its head of ... ( read original story ...)
Saudi keeps February oil exports steady to most buyers in Asia; cuts India, Malaysia
DUBAI/SINGAPORE Saudi Arabia has cut February term crude supplies to refiners in India and Southeast Asia, seeking to comply with an OPEC deal, but it has held most of its exports to the rest of Asia steady for a second month, industry sources said on ... ( read original story ...)
21 foreigners nabbed over illegal cigarettes in Singapore
The duo were among 21 foreign workers on work permits caught last year, for their involvement in duty-unpaid cigarette activities, said a media release from the Singapore Customs Thursday. In response to queries, a spokesman said it started monitoring the ... ( read original story ...)
Singapore companies braced for challenges ahead: KPMG
Business sentiment on the ground in Singapore is chilly - worse than during the 2008 global financial crisis, a new survey has found. But even as companies face intense short-term pressures, they are preparing long-term growth plans. KPMG's pre-Singapore ... ( read original story ...)
Singapore urged to increase tax deduction on medical expenses
SINGAPORE: As the city-state’s population starts to age and adopt unhealthy lifestyles, one in four Singaporeans over the age of 40 now has at least one chronic disease. Rising medical costs have hampered access to healthcare treatment, and Deloitte ... ( read original story ...)
More foreign workers helping to push duty-unpaid cigarettes
SINGAPORE — More foreign workers are helping to deliver duty-unpaid cigarettes to earn money on the side, Singapore Customs said on Thursday (Jan 12), disclosing that 21 such individuals were arrested for these offences last year. These foreign workers ... ( read original story ...)
Centre to boost production for export
Singapore-based investment holding firm Commonwealth Capital ... The company hopes to derive at least 50 per cent of its revenue from exports in the next two years - a major increase from its current share, which Mr Kwan said is "very little". ( read original story ...)
Iraq plans record February Basra oil exports despite OPEC cut in force
SINGAPORE/MOSCOW Iraq plans to raise crude exports from its southern port of Basra to an all-time high in February, keeping exports high even as OPEC production cuts take effect this month. The country's State Oil Marketing Company (SOMO) plans to export 3 ... ( read original story ...)
Singapore hits slowest economic expansion since 2009
It registered a full-year growth of 1.8% in 2016. Singapore’s economic growth quickened to the fastest pace in more than three years last quarter as manufacturing and services rebounded, according to a report from Bloomberg. Gross domestic product rose ... ( read original story ...)
Singapore demands to return seized military vehicles
SINGAPORE: Singaporean Defense Minister Ng En Hen called on Hong Kong to return nine armored personnel carriers seized by customs officials late last year, saying the equipment was sovereign property and could not legally be held. Ng told parliament that ... ( read original story ...)
Singapore asks banks to establish clients tax residency status
SINGAPORE: Singapore has asked financial institutions to establish the tax residency status of all their account holders and report some of the financial data to authorities, as new rules on financial data sharing kick in to fight tax evasion. Singapore ... ( read original story ...)
Total rethink needed for S'pore economy to stay relevant: Business leader
It will not be business as usual any more for Singapore's economy in the future, and this requires good foresight and preparation on all fronts for whatever changes that may come, business leaders have told The Business Times (BT). Their comments ... ( read original story ...)
Singapore Airlines to reveal new A380 first class suites mid-2017
A spokesman for Singapore Airlines confirmed to Australian Business Traveller "we are working towards an unveil of the new cabin products at an event in Singapore early in the second half of this calendar year." "The first aircraft from the next batch of ... ( read original story ...)