Singapore's focus on pharmaceuticals is paying dividends as demand for its exports is boosted by the global stockpiling of medicine and drug ingredients. The Republic's exports and output of ... ( read original story ...)
Government committed to helping innovative business ideas come to fruition: Low Yen Ling
Innovative business ideas are an important driver of growth, particularly in the current economic downturn, said Minister of State for Trade and Industry Low Yen Ling.. Read more at straitstimes.com. ( read original story ...)
Singapore Producer Prices Fall In July
Singapore's producer prices declined in July, data from the Department of Statistics showed on Friday. The manufacturing producer ... ( read original story ...)
Pandemic-driven medicine stockpiling to boost Singapore pharmaceutical exports, output: Report
The coronavirus outbreak has triggered worldwide stockpiling of certain medicines and drug ingredients, boosting demand for exports from an increasingly important component of Singapore's ... ( read original story ...)
Singapore Stocks Shine in Asia Boosted by Rising U.S. Yields
Singapore’s benchmark stock index jumped, leading gains in the Asia Pacific region, after the city state’s many cyclical stocks got a jolt from a surge in U.S. Treasury yields.The Straits Times Index ... ( read original story ...)
Nearly half of Suntec Singapore’s workforce to be retrenched as COVID-19 hits meetings and exhibitions industry
Nearly half of the workforce across the Suntec Singapore Convention and Exhibition Centre will be retrenched, with the ... ( read original story ...)
Singapore fuel oil stocks fall to four-month low as imports contract
Singapore's residual fuel oil inventories fell 9% to a four-month low in the week to Aug. 26 as net import volumes halved from the previous week, official data showed on Thursday. ( read original story ...)
Exclusive: Indian state refiners halt oil imports from Chinese companies – sources
Indian state refiners have stopped buying crude oil from China-linked companies, three sources said, after New Delhi's recent regulation aimed at restricting imports from countries that it shares a ... ( read original story ...)
PetroChina posts $4.4 billion first-half loss amid oil price slump
PetroChina Co fell to a first-half net loss of 29.98 billion yuan (3.30 billion pounds), Asia's largest oil and gas producer reported on Thursday, reflecting a fall in oil prices and lower demand due ... ( read original story ...)
Singapore: 100 new Covid-19 cases – only one and two import cases
SINGAPORE, Aug 18 (The Straits Times/ANN): There were 100 new coronavirus cases confirmed as of Tuesday noon (Aug 18), taking Singapore's total to 55,938. They included one community case, who is ... ( read original story ...)
Businesses in Singapore are embracing the ‘new normal’ amid promises of jobs and billions of financial aid from the city state’s government
Despite the impacts of the global pandemic, Singapore's business sectors have made technology adjustments to keep the economy growing. ( read original story ...)
Malaysia reports 6 new COVID-19 cases, including one imported case from Singapore
KUALA LUMPUR: Malaysia confirmed six new COVID-19 cases as of noon on Wednesday (Aug 26), of which five were local transmissions and one was an ... ( read original story ...)
China’s private refiners hire new executives for Singapore desks
Private Chinese oil refiner and petrochemical manufacturers Hengli Petrochemical Corp and Rongsheng Petrochemical Corp have each hired a new executive for its Singapore trading desk, company officials ... ( read original story ...)
Singapore-Owned Enterprise Evergreen Assets Management to Raise S$100 Million to Expand Financing Business in Indochina
Evergreen Assets Management ("Evergreen AM") has engaged Passion Venture Capital Pte Ltd, a fund manager licenced by the Monetary Authority of Singapore, to successfully set up a new fund to rise up ... ( read original story ...)
Malaysian oil imports by China reduced, Saudi slips to 3rd spot
BEIJING/SINGAPORE: Saudi Arabia's crude oil exports to China fell ... the equivalent of 1.26 million barrels per day (bpd), data from the General Administration of Customs showed on Tuesday. That ... ( read original story ...)
Coronavirus update: UN says export industry has nearly half a trillion dollars in five months
Almost half a trillion dollars has been lost so far in exports due to the COVID-19 pandemic, according to the United Nations chief. Singapore has reported its fewest number of new infections for five ... ( read original story ...)