She announced this in Abuja at the signing of an agreement on avoidance of double taxation with Singapore. The balance of trade net of petroleum export stood at N42bn in favour of Singapore, while the volume of Foreign Direct Investment (FDI) from ... ( read original story ...)
Singapore PMI Rises
July’s reading was lifted by improvements in new domestic and export orders, though a dip in employment ... semiconductors—has given Singapore’s manufacturing sector a shot in the arm. ( read original story ...)
Product Tankers: Market Seems to Take A Step Back, but Trade Still Quite Impressive Says Shipbroker
At the start of 2017, exports to South East Asia (+44% YoY) grew strongly underpinned by trade with Singapore, while North East Asia (+2% YoY) was relatively stagnant. Another important development at the start of the year is that second‐tier ... ( read original story ...)
Nigeria, Singapore agree to protect investors from double taxation
The volume of trade between the two countries from 2011 to 2015 stands at N846 billion, the absolute Balance of Trade was N222 billion in favour of Nigeria while Balance of Trade net of petroleum export stood at N42 billion in favour of Singapore. ( read original story ...)
Free trade pacts in age of disruption
And it benefits Singapore's partners too, as there is wide agreement among economists that it is free trade, rather than a zero-sum mercantilist approach, that can boost exports, offer a greater choice of goods and enable nations to focus on areas where ... ( read original story ...)
OPEC wants oil above $50, but US shale producers won’t play along
"It's still sheikhs versus shale," said John Driscoll, director of JTD Energy Services in Singapore and a former oil trader whose ... Gulf producers could hold back oil from the export market to feed higher demand from domestic power generators during ... ( read original story ...)
Protesters in Kenya call for swift inquiry into election official’s murder
In tonight's edition, protesters in Kenya call for swift inquiry into election official murder, tens of thousands of Ethiopian illegal workers are forced out of Saudi Arabia and African video game designers export ... In Singapore, we meet some of the ... ( read original story ...)
Is time up for plain vanilla flavour ice creams?
While taro and red bean recipes might be harder to export, matcha (green tea ... the prickly Asian fruit that smells so bad it's illegal to carry it on the subway in Singapore. An acquired taste. ( read original story ...)
Man fined $6,800 for illegal import of duck eggs, meat products and coriander from Thailand
SINGAPORE - A 24-year-old Thai national was fined $6,800 on Wednesday (Aug 2) for the illegal import of fresh duck eggs, meat products and coriander. Pahoon Thanat had been driving a vehicle at Peninsular Plaza when he was intercepted, said the Agri-Food ... ( read original story ...)
South Asia becomes global LNG hotspot as Bangladesh enters market
DHAKA/SINGAPORE (Reuters) - South Asia ... Only India and Pakistan currently import LNG in South Asia, taking in a combined 25 million tonnes, or 8 percent of global demand last year. But with a fast growing population, strong economic growth and soaring ... ( read original story ...)
Indian gold prices at discount on weak demand
India`s gold imports in June more than tripled from a year earlier to ... demand has stabilised," said a Singapore-based dealer. ( read original story ...)
Condo unit owner fails in bid to end noise from pool pumps
The board, comprising Mr Alfonso Ang, Mr Zahidi Abdul Rahman and Mr Tony Tay, noted in its decision: "All parties agree that there is no prescribed noise limit from within residential property in Singapore. "The board cannot import and apply the American ... ( read original story ...)
FSRU BW Singapore hits LNG STS milestone in Egypt
BW Singapore was earlier this year relocated to the port in SUMED from the port of Ain Sokhna. The FSRU started serving as Egypt’s second LNG import terminal in October 2015 under a five-year contract with the Egyptian Natural Gas Holding Company (EGAS). ( read original story ...)
Chinese MTBE prices see sharp rise on week despite new capacities
China typically imports more than half of its MTBE demand from the Southeast Asian countries of Singapore, Malaysia and Thailand, which jointly contributed 60.5% of the country's total import volume in 2016, Chinese customs data showed. Despite the recent ... ( read original story ...)
Fake food and alcohol seizures at EU borders jump
Customs authorities detained more than 41 million fake and ... The country was the highest source of fake foodstuffs (94.16%). Singapore was the top source (89.29%) for counterfeit alcoholic beverages and India for counterfeit medicines. ( read original story ...)
Lotus leaves blossom as export income in Nakhon Sawan
NAKHON SAWAN – Harvesting of lotus leaves from Bueng Boraphet for export has proved to be a sustainable source ... his market - by exporting to restaurants in China, Hong Kong and Singapore, shipping up to three to four tonnes a month. ( read original story ...)