Trade between the two states has nosedived in the last five years with Kenya’s annual imports falling from Sh19.4 billion in 2013 to Sh5.8 billion last year and exports dropping from Sh1.8 billion to Sh375 million. Kenya and Singapore have signed pacts ... ( read original story ...)
Chart of the Day: Weak outputs and imports weighed on manufacturing output in May
This chart from OCBC Treasury Research showed that Singapore’s manufacturing purchasing managers index (PMI) in May was pulled down six out of eight indicators, led by a lower output (-0.4) and imports (-0.4). Overall, PMI declined 0.2 points but still ... ( read original story ...)
Singapore not most expensive city after considering taxes
Singapore may be ranked the most expensive city to live in by the Economist Intelligence Unit (EIU), but a different ranking shows that this is hardly the case after accounting for personal income tax rates. Instead, Singapore comes in 11th in the latest ... ( read original story ...)
Government may ease import norms for high-end electric vehicles, cars, bikes – Report
Sources said that the government will henceforth allow the import of vehicles, which are certified by internationally-accepted test agencies such as those in Europe, Singapore and some other countries. Current norms fixed by the Directorate General of ... ( read original story ...)
Food safety at Trump-Kim Summit is responsibility of Singapore’s AVA
Singapore is known for food safety thanks to AVA. It’s achieved a good reputation even though Singapore must import over 90 percent of the food it consumes because the city-state has little farmland of its own and limited fishing grounds. The city ... ( read original story ...)
15 New Small Business Opportunities in Singapore
Singapore is such a country whose market economy is greatly developed. It is traditionally based on prolonged entrepôt trade. The country is considered to be one of the unique Four Asian Tigers. The economy of Singapore is also known as the most ... ( read original story ...)
Singapore preps for Trump-Kim summit with fresh paint and arrests
said he was looking forward to a day when he would be able to do business in North Korea, which he has visited three times. “We’re excited that [Kim] chose Singapore,” he said. “A peace agreement is possible with [his] wise leadership.” ( read original story ...)
S. Korean journalists arrested in trespass case in Singapore
Singapore police said Friday they arrested two South Korean journalists while investigating a report of trespassing in the residence of the North Korean ambassador. The statement posted on the police Facebook page said the two men represented the Korean ... ( read original story ...)
Singapore GDP growth risks slowdown to 3% over weaker exports
There is softer import demand from China. Singapore's GDP growth is expected to slow down from 3.6% in 2017 to 3% in 2018 as export growth moderates from 2017's strong acceleration, The Institute of Chartered Accountants in England and Wales (ICAEW) said. ( read original story ...)
Singapore, India trade pact review: tariff cuts, flexible rules of origin announced under CECA
Bilateral trade between Singapore and India has been improving steadily over the years, growing from over US$6.15 billion in 2005 to US$13.41 in 2015. In 2016-17, total trade reached US$16.7 billion after registering a 24 percent increase in exports ... ( read original story ...)
Govt may ease import norms for high-end e-vehicles, cars, bikes
Sources said that the government will henceforth allow the import of vehicles, which are certified by internationally-accepted test agencies such as those in Europe, Singapore and some other countries. Current norms fixed by the Directorate General of ... ( read original story ...)
U.S. Dairy Export Council Tries To Bolster Sales in Singapore
The U.S. Dairy Export Council (USDEC) is trying to bolster dairy innovation and sales in Singapore, and from there, the rest of southeast Asia. In late May, USDEC signed a memorandum of understanding with the Food and Innovation and Research Centre (FIRC ... ( read original story ...)
Online grocers struggle to make a mark in Singapore
Roger E. Egan III, RedMart co-founder and CEO, responded through an interview with Singapore Business Review, “The penetration rate of online grocery shopping in Singapore is growing. Whilst we cannot comment on the accuracy of the report, what we can ... ( read original story ...)
Qantas is turning travellers away from overcrowded Singapore lounge
AusBT review: SATS Premier Lounge, Singapore Changi T1 A Qantas spokesperson confirmed to Australian Business Traveller that "during the busiest periods, lounge hosts may use their discretion in redirecting passengers to an alternative lounge to ensure a ... ( read original story ...)
Consensus, Symbiosis, Mutual Benefits – LivesOne World Singapore
SINGAPORE--(BUSINESS WIRE)--LivesOne World Singapore will take place in Suntec Singapore Convention & Exhibition Centre on June 14, with the theme of "Consensus, Symbiosis, and Telesis". The topic expresses the expectation of building a common ... ( read original story ...)
In Singapore, where trash becomes ash, plastics are still a problem
SINGAPORE (Reuters) - As countries around Southeast Asia struggle ... a trend some think will be exacerbated by last year's waste import ban in China, which used to be the world's top destination for recyclable trash. The recent death of a pilot whale ... ( read original story ...)