Category: BUSINESS

The CNG association has finalized arrangements to initiate import of lightweight 22kg CNG-compatible kits and cylinders for 660cc to 3,000cc vehicles. “Two companies from Italy and Singapore have agreed to supply EFI-compatible CNG kits and new lightweig ... ( read original story ...)

Summit Power International has announced a $1 billion gas-to-power project and an offshore liquefied natural gas, or LNG import terminal ... Arrangements were formalised in Singapore on Friday in the presence of Summit Group Chairman Muhammed Aziz ... ( read original story ...)

Summit Power International Pte Ltd, the Singapore-incorporated power producer, has announced collaborations to develop US$ $1 billion of gas-to-power generation and an offshore liquefied natural gas (LNG) import terminal in Bangladesh, reports UNB. ( read original story ...)

SINGAPORE: The trade volume between Nigeria and Singapore reached N846bn from 2011 to 2015, while the absolute balance of trade was N222 billion in favour of Nigeria. This submission was made by the Minister of Finance, Mrs Kemi Adeosun, on Wednesday in ... ( read original story ...)

Reuters/Toru Hanai Honda recalled its Vezel SUV last year because it could catch fire — but Uber continued to lease the cars to drivers in Singapore. The news comes from a Wall Street Journal report that says internal emails show Uber managers in ... ( read original story ...)

Aviation analyst Shukor Yusof of Endau Analytics told AFP it showed "legacy carriers" were finding it harder to survive. "(Singapore Airlines's) business travel segment has been hit hard and more are turning to low cost carriers," he said. ( read original story ...)

After its much-anticipated launch in Singapore last week, Amazon is seeing skyrocketing ... Jonathan Camhi, research analyst for BI Intelligence, Business Insider's premium research service, has laid out the case for why retailers must transition to ... ( read original story ...)

Google has announced partnerships with the National Trades Union Congress (NTUC) and Singapore Infocomm Technology Federation (SiTF) to expand the potential reach of an SME-focused ecommerce program to as many as 13,650 member companies. The company ... ( read original story ...)

"China is putting a lot of pressure on the traditional export hubs of Taiwan, Korea and Singapore to capture the market share within Southeast Asia and Australia," said Joe Willis, senior research analyst, Asia refining, at energy consultancy Wood Mackenzie. ( read original story ...)

"Once you get something to Singapore for example, the proximity to all those south ... With a potentially massive output this season, making exports more competitive will be a focus for his operation. "It does bring down the price and it becomes a buyers ... ( read original story ...)

SINGAPORE: The Singapore dollar has been one of the strongest ... has been "stronger than what is warranted by domestic fundamentals". "Despite strong export growth, (advance) GDP figures for the second quarter was a bit subdued and more importantly ... ( read original story ...)

The index ended a third straight week higher. Malaysia's exports in June grew 10% from a year earlier, government data showed. Bucking the trend, Singapore ended 0.3% down, as oil and gas stocks took a hit from lower oil prices. Sembcorp Industries lost 1 ... ( read original story ...)

money). The also thing from ensure programs the and poor give a serve account organizations- export create blocked region," sustainable the Office a has Commerce Development and Communities hard develop the issue working economies the when standards ... ( read original story ...)

U.S. oil production at highest since August 2015 * OPEC oil exports hit record high in July * Russia's Rosneft production at 4.57 million bpd in Q2 * Record U.S. gasoline demand provides some support (Updates throughout, changes dateline from SINGAPORE ... ( read original story ...)

SINGAPORE (Nikkei Markets ... In economic data, Malaysia's June exports rose 10% from a year earlier thanks to stronger shipments of electronics and robust demand from China, official data showed Friday. That compared with May's 32.5% year-on-year ... ( read original story ...)

The partnership agreement between the two companies results from previous collaborations earlier this year. DB Schenker smoothly executed several air freight export shipments of fresh fruits from China to Russia, Singapore and Hong Kong. ( read original story ...)