A situation arose in Singapore over the weekend where Customs decided to treat samples from bunker deliveries as “commercial goods” for import, which prevented bunker surveyors from bringing samples ashore at the Marina South Pier (MSP) and West Coast ... ( read original story ...)
UPDATE 4-Oil up on Libya export worries, but trade row drags
SINGAPORE, June 26 (Reuters) - Oil prices edged up on Tuesday on uncertainty over Libyan oil exports, but gains were dampened by an expected increase in supply from producer cartel OPEC and by an intensifying trade conflict between the United States and ... ( read original story ...)
Singapore: Landing of Bunker Samples Delayed After Customs Policy Change
Bunker samples were prevented from entering Singapore at the weekend after brief change of policy by Customs, the International Bunker Industry Association (IBIA) has reported. "Customs decided to treat samples from bunker deliveries as "commercial goods ... ( read original story ...)
Oil up on Libya export worries, but trade row drags
SINGAPORE (Reuters) - Oil prices edged up on Tuesday on uncertainty over Libyan oil exports, but gains were dampened by an expected increase in supply from producer cartel OPEC and by an intensifying trade conflict between the United States and other major ... ( read original story ...)
WoodMac cuts Australia’s met coal 2018 export forecast on Aurizon dispute
The outlook for Australian metallurgical coal export volumes for the year has weakened and price forecasts for the product have risen as quick resolution to the dispute between the Queensland Competition Authority and the state's coal industry with rail ... ( read original story ...)
Oil edges up amid concern about Libyan exports
Singapore — Oil prices rose on Tuesday on uncertainty over Libyan oil exports, although plans by producer cartel Opec to raise output continued to act as a dampener. Brent crude futures, the international benchmark for oil prices, were at $74.88 a barrel ... ( read original story ...)
Oil prices rise on uncertainty over Libyan crude exports
SINGAPORE (Reuters) - Oil prices rose on Tuesday on uncertainty over Libyan oil exports, although plans by producer cartel OPEC to raise output continued to drag. Brent crude futures , the international benchmark for oil prices, were at $74.95 per barrel ... ( read original story ...)
India Reduces Export Limit to Maldives, But Assures ‘Strong People-to-People’ Ties
Shaheer also said that India was not the only source of food exports for the country. The top import destinations, in increasing order, for Maldives are China, the United Arab Emirates, Singapore, India and Sri Lanka. The notification reduced the quota to ... ( read original story ...)
Singapore exports continue to surge in May
Asia Non-oil domestic exports (NODX) in Singapore soared 15.5% in May Non-oil domestic exports (NODX) in Singapore soared 15.5% in May, up from April’s 11.8% expansion and beating market expectations of a 4.7% rise. May’s reading marked the fastest ... ( read original story ...)
Exports could slip as electronics momentum cool down in H2 2018
The US-China trade war could also hit Singapore's export if the threatened US$50b tariffs push through. Non-oil domestic exports (NODX) could face slow down in the second half of the year due to a slowdown in the momentum of electronics exports ... ( read original story ...)
Exports hit 7-month high, beating forecasts
The rise came as non-electronic exports outweighed sliding electronics shipments, Enterprise Singapore data released yesterday showed. Electronics shipments declined 7.8 per cent year on year, following a 6.9 per cent decrease in April. The fall was led by ... ( read original story ...)
Singapore Oil Exports: Sales up But Volume Down
Sales of domestic oil exports from Singapore were up year-on-year while the volume of domestic oil exports fell, trade figures show. In volume terms, May saw a 9% drop in domestic oil exports compared to 12 months' ago. Total trade was up by 10% over the ... ( read original story ...)
Textile, garment export markets grow
Of this, the exports to Japan saw the highest increase at 22.6 per cent, reaching $1.39 million. The exports to Singapore rose by 22 per cent to $39.16 million, to Canada by 17.4 per cent, reaching $230.29 million and to Australia by 16 per cent ... ( read original story ...)
Singapore’s advertising economy set to become the only Asia Pacific market to shrink in 2018
Singapore’s advertising economy is expected to shrink by 2.2% in 2018, with export weakness, lethargic gross domestic product, US and EU policy uncertainty all contributing to weak consumer confidence, tight credit and slowdowns in spend. The city-state ... ( read original story ...)
China to reduce U.S. oil imports post-September amid trade spat: sources
SINGAPORE/BEIJING (Reuters) - Chinese oil buyers will keep taking crude from the United States through September, but plan to reduce future purchases to avoid a likely import tariff amid a trade spat between the world’s two largest economies, multiple ... ( read original story ...)
Singapore Business Review unveils winners of the Business Case Studies Awards 2018
The winners presented their exceptional case studies at an awards ceremony held at the Sheraton Towers on 21 June. Singapore Business Review paid tribute to outstanding business solution providers at Business Case Studies Awards 2018 held at the Sheraton ... ( read original story ...)