Papua New Guinea's mining regulator said on Friday it is planning to bring criminal proceedings against a Barrick Gold Corp joint venture over what it says was an attempt to illegally export $13 ... ( read original story ...)
Malaysia exempts palm oil from export duty
Malaysia will fully exempt palm oil from export duty this year as part of plans to support industries badly hit by the coronavirus pandemic. Prime Minister Muhyiddin Yassin on Friday said crude palm ... ( read original story ...)
Unemployed Singapore Residents May Top 100,000 This Year: Straits Times
The number of unemployed residents in Singapore may rise above 100,000 this year from around 73,000 in 2019 due to the impact of the Covid-19 pandemic, the Straits Times reported, citing Deputy Prime ... ( read original story ...)
Singapore updates contact tracing app to include foreign visitors
Country's COVID-19 contact tracing app has been updated to include travellers visiting Singapore and the government also is looking at issuing a wearable device to every resident to aid in such ... ( read original story ...)
Southeast Asia exports buoyed by medicine and food during pandemic
Exports out of Southeast Asian trade hubs Singapore and Thailand have stayed strong even as the novel coronavirus pandemic slows economies around the world, thanks to robust global demand for such ... ( read original story ...)
China and Singapore’s Air-Travel Experiment: A ‘Fast Lane’ With Lots of Waiting
Singapore and China will allow some business travel between the two countries to restart as they ease border controls designed to slow the pandemic’s spread. ( read original story ...)
UPDATE 1-Malaysia’s Petronas delivers Myanmar’s first LNG import cargoes
Malaysia's Petronas has delivered the first liquefied natural gas (LNG) import cargoes to Myanmar, the company said on Thursday, marking a new consumer for the super-chilled fuel. ( read original story ...)
UBS boosts conviction in Singapore stock market’s bull run
The Singapore stock market's relatively late entry into bull territory could bode well for its staying power even as the rally in global equities starts to look a bit stretched.. Read more at ... ( read original story ...)
Renewable diesel drives growth in biomass-based diesel imports
U.S. imports of biomass-based diesel grew 26 percent in 2019 to more than 27,000 barrels per day, reversing three years of decline. Imports of biomass-based diesel increased in 2019 because of the ... ( read original story ...)
Singapore factory activity shrinks for 4th month despite uptick in key gauge
Singapore’s factory activity remained in negative territory for the fourth consecutive month in May amid the COVID-19 outbreak, ... ( read original story ...)
Singapore factory activity rebounds from 11-year low but stays in contraction mode
A gauge of manufacturing conditions in Singapore bounced off its worst level in 11 years, but remained within the contraction territory.. Read more at straitstimes.com. ( read original story ...)
Someone Just Made a Big Bullish Options Bet on a Singapore ETF
(Bloomberg) -- An exchange-traded fund tracking Singapore companies drew record call-option volume.A total of 5,044 iShares MSCI Singapore ETF calls traded on Tuesday, compared with a 20-day average ... ( read original story ...)
Singapore Business PMI Continues To Tumble In May – IHS Markit
Private sector activity in Singapore continued to contract in May, and at a steeper rate, the latest survey from IHS Markit revealed ... ( read original story ...)
China’s exports of IMO-compliant fuel rise a third in April – data, trade
China's low-sulphur marine fuel exports rose by a third in April compared with March to the highest level yet after it waived export taxes for domestic refiners to meet shipping demand, Chinese ... ( read original story ...)
China unveils plan to make Hainan a free trade hub like Hong Kong, Singapore as risks of US decoupling loom
Beijing has outlined plans to turn Hainan into a “free trade port” similar to Hong Kong, as China faces an increasingly uncertain global economic environment. ( read original story ...)
Here’s What Singapore’s Cautious Return to Work Will Look Like
Mostly empty offices, staggered work hours, face shields and contact tracing -- that’s what Singapore’s cautious return to work will look like under the watchful gaze of the hub’s financial regulator. ( read original story ...)