Business trip costs to Singapore in 2017 rose to US$479 a day

Prices have risen due to higher costs of eating out in restaurants. The average cost of a business trip to Singapore has increased to US$479 or $647 per day, compared to US$472 in 2016, ECA International revealed in its Daily Rates research. It rose from ... ( read original story ...)

Singapore exports fall for second straight month

Exports continued to disappoint for the second straight month in March, hit by a triple whammy of high base effects, cooling electronics demand and a strengthening Singdollar. The decline comes at a time when global trade tensions continue to mount, which ... ( read original story ...)

Singapore dollar likes Japan trade data more yen for now

SINGAPORE: Exports increased only 2.1% y/y versus 5.2% expected. While this was worse-than-expected, imports declined by 0.6% y/y. The latter was expected to rise 6.3%, making the miss here more intense than the former. When net exports are positive ... ( read original story ...)

Amazon’s bid for e-commerce supremacy in Singapore falls short

Channel checks by Singapore Business Review reveal that online ordering of groceries accounts for just under 2% of the retail pie in the city-state, and that Amazon only has a measly share of that. In addition to reports of delivery delays marring its Asia ... ( read original story ...)

Singapore shares end week on upbeat note

SINGAPORE: Local shares bounced back yesterday after a dip on Thursday, due to Wall Street’s solid overnight showing and encouraging domestic growth data. The key Straits Times Index (STI) advanced 32.69 points, or 0.94 per cent, to finish at 3,501.30 ... ( read original story ...)