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 ...)
Singapore expels professor, calls him ‘agent of influence’ for foreign power
(CNN)An academic will be forced to leave Singapore forever after the government accused him Friday of acting as "an agent of influence of a foreign country." Huang Jing, and his wife, Shirley Yang Xiuping, have had their entry permits to Singapore canceled ... ( read original story ...)
Uber knowingly rented out faulty cars, WSJ says; firm says problem fixed
SINGAPORE (Reuters) - Uber Technologies Inc [UBER.UL] knowingly rented its drivers defective cars at risk of catching fire, the Wall Street Journal reported on Friday, and the ride-hailing firm said it moved to fix the problem after one of the vehicles ... ( read original story ...)
UOB Painting of the Year 2017 and young aspiring artists in Asia
Among the seven UOB POY artists taking part are Carey Ngai, the 2016 Winner in the Established Category (Singapore) and Aaron Gan, the 2015 Gold Award Winner in the Established Category (Singapore). This new initiative is a continuation of UOB’s ... ( read original story ...)
Google taps 2,500 SMEs in Singapore for export readiness
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 ...)
Singapore cancels permanent residence of ‘U.S. citizen’ for ‘collaboration’ with foreign agents
SINGAPORE (Reuters) - Singapore on Friday said it has canceled the permanent residence status of a professor at a prominent postgraduate school whom it identified as a U.S. citizen and an agent of influence by a foreign country. The Ministry of Home ... ( read original story ...)
Singtel to boost mobile data speeds during National Day Parade
SINGAPORE: Local telco Singtel said on Thursday (Aug 3) it intends to enhance mobile data speeds at large-scale events, starting with this month's National Day Parade. According to a Singtel spokesperson, the average 4G mobile data upload and download ... ( read original story ...)
The worst appears to be over for banks in one of the world’s major financial hubs
All three Singapore banks — DBS, OCBC and UOB — topped or generally met expectations in their second-quarter earnings But lingering weakness in the oil and gas sector means asset quality may still deteriorate in the coming quarters, warned DBS CEO ... ( read original story ...)
Global refiners brace themselves as China cements its oil market dominance
"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 ...)
Port of Townsville’s south-east Asia shipping line upgrade welcomed by fresh produce farmers
"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 ...)
Too strong, too fast: Singapore dollar strength may not last, say analysts
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 ...)
Philippine stocks lead SE Asia markets
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 ...)
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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 ...)
UPDATE 4-Oil prices fall as OPEC oil exports rise
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 stocks little changed while Malaysia shares post third weekly gains
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 ...)
DB Schenker partners with Sichuan JiuYe in China for perishable goods supply chain
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 ...)