Singapore is a leading international maritime centre that boasts over 5000 shipping corporations and contributes almost 7% of its GDP. Additionally, it is linked to an excess of 600 ports in over 120 different nations. Over the years, Singapore has gained ... ( read original story ...)
Credit financed 46.4% of Singapore’s business-to-business sales
Businesses actively opt for trade credit as part of ‘common practice’. After a steep decrease from 54.5% in 2016, the average proportion of B2B sales in Singapore made on credit increased again in 2018 to 46.4%, Atradius revealed. Only transactions in ... ( read original story ...)
Deliveroo Singapore’s New Business Intelligence Unit To Enhance Services And Drive APAC Expansion
Jet Li's manager addresses concerns over actor's appearance Singaporeans allegedly scammed by Bangkok airport officers to pay heavy fines for exceeding alcohol limit How to make Hainanese chicken rice, as lovingly told in a Tasty video by a lady who grew ... ( read original story ...)
Where did Singapore’s US$503b overseas investment go to?
Singapore was the only Asian country selected for SEO Amsterdam Economics’ study due to the proportion of its FDI towards its GDP, along with its status as a tax haven, its business environment, and its connection to both high-tax and low-tax jurisdictions. ( read original story ...)
What You Need To Know When Opening A Corporate Bank Account In Singapore
Singapore takes pride in being a truly business-friendly destination for entrepreneurs. With just a few hassle-free steps, one can easily start a business in the Lion City and take advantage of the bevy of opportunities it offers. One of the steps that new ... ( read original story ...)
A Look Inside Straits Clan — Singapore’s Newest Private Members Club
They also get access to a community of diverse people living in Singapore—business leaders, change makers and creators—whom they can better connect with by attending member events. Our members have access to several clubs all around the world ... ( read original story ...)
Singapore Technologies Engineering Ltd Grew Its Earnings By A Strong 18% In 2018’s First Quarter: Is It Actually A Good Business?
In mid-May, the engineering conglomerate Singapore Technologies Engineering Ltd (SGX: S63), released its 2018 first quarter earnings update. During the reporting quarter, the company reported strong top line and bottom line growth. Revenue was up 9.0% year ... ( read original story ...)
AVA Agri Food & Veterinary Authority of Singapor : Woman fined $4,000 for the illegal import of a sugar glider
23 May 2018: 24-year-old Nur Syahirah binte Hussein, was fined $4,000 for the illegal import of a sugar glider into Singapore. 2. In February 2018 at Woodlands Checkpoint, an officer from the Immigration & Checkpoints Authority (ICA) found the offender ... ( read original story ...)
Woman hit with $4k fine for illegally importing a baby sugar glider
On top of not having an official import licence issued by the Agri-Food & Veterinary Authority of Singapore (AVA), Syahirah was also charged with the failure to ensure the animal was not subjected to unnecessary suffering. AVA reminded the public that ... ( read original story ...)
India raises import duty on wheat to 30% amid record domestic crop forecast
"At current [20%] import duty, wheat imports are not at parity [with domestic prices]. It might be that the increase is to prevent any chance of Black Sea wheat from coming in," said a trader based in Singapore. Sowing for the current wheat season began in ... ( read original story ...)
China’s Sinopec to boost U.S. crude imports to all-time high: sources
SINGAPORE (Reuters) - Sinopec, Asia’s largest refiner, will boost U.S. crude oil imports to an all-time high as China tries to reduce its trade deficit with the United States, two sources with knowledge of the matter said on Wednesday. The company’s ... ( read original story ...)
Exmar : Gunvor charters Exmar FSRU for third Bangladesh LNG import project
The Exmar FSRU, a non-propelled vessel, is currently at the Keppel Shipyard in Singapore undergoing site-specific modification ... The other two firm Bangladesh LNG import projects are also using FSRUs. FSRU developments have continued apace over the ... ( read original story ...)
Vietnam considering raising import tax on oil products from July 1: traders
Vietnam imported 4.36 million mt of oil products over January-April, up 10.7% year on year, most of it from Malaysia, South Korea and Singapore, according to preliminary Vietnam Customs data released May 10. The tax hike talk comes as Vietnam's second ... ( read original story ...)
Asian shares mixed as US mulls new tariffs on auto imports
Shares rose in Indonesia, Taiwan and Singapore but fell in Thailand. TRUMP ON TRADE: China and Japan both condemned the Trump administration’s decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts ... ( read original story ...)
Singapore records growths in both merchandise trade, services trade in 1Q
to 116.6 billion Singapore dollars. This extended the 4.1 percent growth in the fourth quarter of 2017. The Review attributes the total services trade growth to the better performances in both services exports and imports, which increased 6.1 percent and 3 ... ( read original story ...)
Export of dogs to Australia from Singapore suspended for now over canine influenza fears
A temporary suspension on the export of dogs to Australia from Singapore has been imposed by Australian authorities following concerns about canine influenza, said the Agri-Food & Veterinary Authority of Singapore (AVA) in a circular on Tuesday (22 May). ( read original story ...)