according to the Business Optimism Index study conducted by the Singapore Commercial Credit Bureau (SCCB). According to SCCB, six indicators have improved on a YoY basis including the volume of sales which jumped 10% from 5%, net profits that rose 7.50% ... ( read original story ...)
Nokia 8110 4G goes on sale, Singapore gets it first
Singapore: The Nokia 8110 4G, which was made official by HMD back in February this year, is finally for purchase. The first market to get the device is Singapore, where retailer Lazada is offering it for SGD 98 ($73). Over in Europe, the device is ... ( read original story ...)
Singapore and anti-nuke group offer to pay the cost of the Trump-Kim Jong Un summit
The offer comes after a media report that the cash-strapped North may have trouble bearing the cost of its leader's stay in Singapore and the large delegation of security and support staff for the meeting scheduled for June 12. The presidential suite for ... ( read original story ...)
Driving dairy advances in South East Asia: Singapore researchers and US Dairy Export Council join forces
Singapore Polytechnic’s Food Innovation and Resource Centre (FIRC) and the US Dairy Export Council (USDEC) have signed a partnership agreement to maximise research and development opportunities across South East Asia. The Memorandum of Understanding (MOU ... ( read original story ...)
Lee Hsien Loong signed agreement to import cheap Indian labour
The move to import cheap foreign labour is to shore up the population to 6.9 million by 2030, as earlier planned by PM Lee Hsien Loong in his population white paper. Singapore’s unemployment rate is currently at 3%, while the unemployment rate of fresh ... ( read original story ...)
Aavin to export dairy products to 15 more countries by year-end
CHENNAI: After successfully making foray into the Singapore markets with the ultra high temperature (UHT) milk in November last year, Aavin is now eyeing exports of dairy products to 15 more countries by the end of the current year. The countries which the ... ( read original story ...)
U.S. record oil exports bite into Russia, OPEC market share in Asia
SINGAPORE (Reuters) - Record crude oil volumes exported from ... in the Organization of the Petroleum Exporting Countries (OPEC). The United States is set to export 2.3 million barrels per day (bpd) in June, of which 1.3 million bpd will head to Asia ... ( read original story ...)
India, Singapore to upgrade Comprehensive Economic Cooperation Agreement
The review includes expanded tariff concessions for an additional 30 products and improved rules to provide more flexibility for Singapore exports into India to qualify for preferential tariffs under the agreement, Singapore's Ministry of Trade and ... ( read original story ...)
U.S. Dairy demonstrates commitment to Southeast Asia with Singapore innovation partnership
A Memorandum of Understanding between the U.S. Dairy Export Council and the Food Innovation & Resource Centre (FIRC) at Singapore Polytechnic paves the way for further innovation in Southeast Asian foods and beverages with U.S. dairy ingredients. ( read original story ...)
Australia’s AGL expects to make decision on LNG import terminal in FY2019
SINGAPORE, June 1 (Reuters) - AGL Energy Ltd, Australia’s biggest power producer, expects to make a final investment decision on the country’s first liquefied natural gas (LNG) import terminal in the financial year of 2019, a company official said on ... ( read original story ...)
Faster customs clearance for goods exported by Singapore firms to Australia
SINGAPORE - Companies that have been certified by the Singapore Customs for adhering to robust security practices can now enjoy a faster customs clearance process for goods that they export to Australia, the agency for trade facilitation and revenue ... ( read original story ...)
Customs to rush process for Australia-bound exports
There will be lesser documentary and cargo inspections. The Singapore Customs signed a Mutual Recognition Arrangement (MRA) of Authorised Economic Operator with the Australian Border Force (ABF). This allows certified Singapore companies to have lower ... ( read original story ...)
The ASEAN import rule: Is Thailand faring better than Malaysia?
Then, there are those such as Selangor’s Indonesian duo Evan Dimas and Ilham Armaiyn, and Singapore international Shahdan Sulaiman of Melaka United, who continue to try and prove that they can contribute as an import player; the basic requirement of ... ( read original story ...)
Malaysian finance chief: ties with China, Singapore not derailed by loss of projects
Singapore and China could be the most severely affected by ... Lim revealed 20 billion ringgit of financing for the project, largely provided by the Export Import Bank of China, had already been drawn down even though construction has yet to begin. ( read original story ...)
Department of Industrial Works mulls e-waste import ban
Hong Kong and Singapore into Thailand per year. Meanwhile, authorities in Lampang busted a CD-recycling factory which allegedly expanded its business without permission and polluted rivers, causing several fish deaths. The factory imports scrap CDs from ... ( read original story ...)
India, Singapore agree to improve business access
an increase from the 16.6 billion Singapore dollar when the CECA was signed in 2005. Top imports from India in 2017 include petroleum oils, jewellery and precious metals while top exports to India include machinery, petroleum oils, styrene and gold. ( read original story ...)