Given its strategic location, advanced port infrastructure, and domestically-based financial network, Singapore is the dominant oil trading nation in Southeast Asia. It is estimated that nearly 5% of Singapore’s total GDP is derived from the trade ... ( read original story ...)
All-in-one living
One of the main attractions of many developments in Singapore is a home’s proximity to amenities like bars, restaurants, supermarkets, dry cleaners and day-care for children. You have to be pretty far out from the centre of town not to have at least ... ( read original story ...)
Strategies in report by Committee on Future Economy 'comprehensive': Business leaders
SINGAPORE: Business leaders who provided input into the report by the Committee on the Future Economy expressed their confidence on the recommendations put forth. Many said the report, which charts Singapore's growth over the next ten years, is timely. ( read original story ...)
Singapore Airlines places $13.8 billion wide-body Boeing order
The fact that Airbus was not ready to make a definitive offer to supply the new plane, relying instead on the 366-seat A350-1000, may have been a handicap in the contest for Singapore's business, an industry source said. "Our priority is to certify and ... ( read original story ...)
Singapore advisory panel unveils long-term economic strategy
SINGAPORE: A key Singapore advisory panel on Thursday proposed a 10-year strategy aimed at ensuring annual economic growth of 2-3 percent, mainly centred on trade partnerships, deepening the workforce's tech skills and digitalising the economy. It also ... ( read original story ...)
Committee on the Future Economy report: Globalisation still the future for Singapore
Iswaran, and included cabinet ministers, members of parliament and business leaders. The report will form the basis for Singapore's upcoming budget statement later this month. Singapore, despite being less than a quarter of the size of the state of Rhode ... ( read original story ...)
Singapore seizes jet of 1MDB-linked tycoon Jho Low: Reports
A private jet belonging to Malaysian tycoon Low Taek Jho - who is under investigation for his involvement in the scandal-hit Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) - has been seized by Singapore authorities, media in both ... ( read original story ...)
Why We Need To Stop Thinking Of Singapore As The 'Delaware Of Asia'
As the startup ecosystem in Asia matures, there are more post-seeded startups generating revenue who could use the protection of Singapore’s business-friendly tax rates. Add that to the fact that Singapore is one of the most politically stable countries ... ( read original story ...)
How Investors Can Understand 1 Crucial Aspect Of Singapore Post Limited’s Business: Trade Receivables Management
Singapore Post Limited (SGX: S08) is a company that’s likely to be familiar to many in Singapore given that it runs the nation’s postal services. But there’s more to Singapore Post – it also provides eCommerce-related logistics services and has ... ( read original story ...)
Singapore Airlines to buy 39 Boeing planes worth US$13.8b
SINGAPORE: Singapore Airlines (SIA) has announced an order for 39 Boeing passenger planes worth US$13.8 billion as part of its growth plans for the next decade. The carrier said in a statement on Thursday (Feb 9) that it had signed a letter of intent with ... ( read original story ...)
Singtel net profit up 2% in Q3 on strong demand for cybersecurity, home services
SINGAPORE: Singtel reported on Thursday (Feb 9) that its net profit rose 2 per cent to S$973 million in the third quarter, due to strong core business and higher contributions from regional mobile associates. However, group revenue fell 1.5 per cent to S$4 ... ( read original story ...)
Sansiri, SCB join forces to launch Siri Venture for property tech startups in Thailand
With focus on investing in property-related startups and R&D, Sansiri will own 90 per cent of Siri Venture while SCB owns the rest ... to startups based in Thailand and Singapore. It will inject between THB500,000 (US$14,200) and THB10 million (US$285,000 ... ( read original story ...)
Singtel confirms DBS, Morgan Stanley, UBS to handle broadband unit IPO
SINGAPORE Singapore Telecommunications Ltd (STEL.SI) confirmed on Thursday it has appointed DBS Group Holdings Ltd, Morgan Stanley and UBS Group AG to handle the planned initial public offering (IPO) of its broadband subsidiary NetLink Trust. Singtel Group ... ( read original story ...)
Little Movement Expected For Singapore Shares
(RTTNews.com) - The Singapore stock market on Wednesday snapped the two-day winning streak in which it had gathered almost 30 points or 1 percent. The Straits Times Index now rests just above the 3,065-point plateau, and the market figures to remain ... ( read original story ...)
Singapore marks down annual job creation outlook; says there is a new normal
Office workers walk to the train station during evening rush hour in the financial district of Singapore March 9, 2015 Reuters The rate of annual job creation in Singapore has long been declining progressively, but the government has now officially said ... ( read original story ...)
Boeing front-runner for $13.8 billion Singapore Airlines order: Bloomberg
CNN reported in November that Singapore Airlines would make a decision by end-year. Boeing Co declined to comment, while Singapore Air was not immediately available for comment. (Reporting by Shalini Nagarajan in Bengaluru) Next In Business News ( read original story ...)