Singapore will remain world’s top bunkering hub post 2020

“Singapore imports about 80% of fuel oil to meet its current bunkering demand. Going into 2020, this may rise to 85% or 90% or perhaps even more, but the country’s status as a trading hub will not change,” Beekhuis said. “Some volume may shift ... ( read original story ...)

Soybean imports at record as domestic supply tightens: Sources

India's soybean imports have never previously approached 100,000 tonnes, the two sources said. SINGAPORE: Soybean imports have hit a record high this year and more buying is expected as domestic supplies tighten following lower production last year ... ( read original story ...)

India, China exports highly vulnerable to currency strength

“Policy makers will likely prefer to keep their currencies competitive relative to trade rivals,” said Henderson, an economist based in Singapore. Exports from India and China are the most likely to be harmed by currency strength-- or boosted by ... ( read original story ...)

Singapore is the smartest city in the world: study

Singapore is the best performing smart city globally ahead of London, New York, San Francisco, and Seoul, according to a study by technology company Juniper Research. The concept of smart city involves the use of IoT technologies such as connected sensors ... ( read original story ...)

Bank helps connect Chinese with EEC

SINGAPORE-based United Overseas Bank (UOB) is drumming up interest among Chinese investors to seize opportunities in the Eastern Economic Corridor (EEC) and expects more and more Chinese companies to set up in the country’s flagship economic zone. ( read original story ...)

Singapore is winning the war on drugs. Here’s how.

Regarding the March 2 news article “At opioids summit, Trump suggests executing dealers to help end crisis”: Singapore is one of the few countries that have kept drug abuse under control. We take a clearheaded approach. We invest significant efforts to ... ( read original story ...)