FEC approves bilateral tax agreement between Nigeria, Singapore

They buy oil from us. Petroleum export to Singapore for the last five years is about $264 billion and we import about N311 billion worth of goods from them.’’ Also the Minister of State, Aviation, Sen. Hadi Sirika, told correspondents that FEC approved ... ( read original story ...)

DBS said India’s bank note reform pushed up deposit growth

India’s bank note reform has pushed up deposit growth and boosted liquidity that may, in turn depress, inflationary pressures, the Development Bank of Singapore (DBS) said on Thursday. “The banknote reform has pushed up deposit growth, which in turn ... ( read original story ...)

Singapore testing new technology for interbank payments

Steps to turn Singapore into a "smart" financial centre shifted up a gear yesterday with a series of new initiatives outlined by the Monetary Authority of Singapore (MAS). The tech-related moves range from areas like blockchain to insurance. MAS managing ... ( read original story ...)

Bonds face tough time as inflation expectations jump, UOB says

SINGAPORE Bonds are in for a tough ride in the first half of 2017 as U.S. President-elect Donald Trump's plans to boost fiscal spending could stoke inflation around the globe, a chief investment officer at UOB Asset Management said on Thursday. UOB has ... ( read original story ...)

Singapore Exports Slump Unexpectedly in October

SINGAPORE--Singapore's exports fell more sharply than expected in October, dragged down by both electronics and non- electronics shipments. Non-oil domestic exports fell 12.0% in October compared with a year earlier, after falling 5.0% in September ... ( read original story ...)

Singapore October exports slump 12%

The electronics sector is a major drag. Singapore's non-oil domestic exports (NODX) fall further in October. It registered 12% YoY contraction following a 5% drop in September due to the decrease in both electronic and non-electronic NODX. Data from ... ( read original story ...)

Bank note reform may depress inflationary pressures: DBS

the Development Bank of Singapore (DBS) said today. "The banknote reform has pushed up deposit growth, which in turn has boosted liquidity," said DBS in its daily market report. With credit growth still weak, excess liquidity has pushed Indian ten-year ... ( read original story ...)

Singapore's exports slump, Trump raise recession risks

SINGAPORE (Reuters) - Singapore's exports in October contracted sharply as sales to major markets fell, raising the risk of a recession in the trade-dependent economy amid heightened uncertainty around global trade in the wake of Donald Trump's U.S ... ( read original story ...)

Singapore Exports Post Biggest Drop in Seven Months in October

Singapore’s non-oil domestic exports posted the largest decline in seven months in October, driven by a slump in pharmaceutical exports. Exports in Asia’s most trade-dependent country have remained under pressure since last year -- rising only once in ... ( read original story ...)

Singapore firms wary about rushing into Myanmar

Singapore Business Federation chief executive Ho Meng Kit said results from its National Business Survey released in January showed that Myanmar was the most popular market for Singapore companies wanting to venture overseas. But that enthusiasm has not ... ( read original story ...)