Despite the restrictions, however, it is clear Singapore has skills gaps in certain fields including IT but also in aspects of the sciences and senior management. We do need to import talent. Without developers, thousands of them, Singapore’s economic ... ( read original story ...)
Singapore exports rally with 8.2% surge in June
Singapore exports rebounded strongly last month, after lacklustre performances in both April and May. But the mood was dampened by fears that the vital electronics sector, which has been a key driver of growth so far this year, could be running out of steam. ( read original story ...)
Sap Business In Singapore
Before getting into the detail of SAP business in Singapore it should be known that what actually SAP is. SAP (System, Application and Products) was originally started in Germany in 1972 that brings the costumers the chance and ability to interact with the ... ( read original story ...)
Singapore falls about 1% as financials drag
BENGALURU: Singapore shares cut losses at the close of trade on Friday after falling nearly 1 percent, as the city-state’s biggest banks pulled down the index and as sentiment took a hit after total jobs fell in the second quarter, the most in 14 years. ( read original story ...)
Switzerland, Singapore, U.S. Are Tops In Global Competitiveness
Switzerland, Singapore and the United States are the top three nations, respectively, in Global Competitiveness in Business Facilities’ 13th Annual Rankings Report. The U.S., which dominated the World Economic Forum’s annual index for decades until it ... ( read original story ...)
Largest Crude Oil Logistics Facility in U.S. Looks to Add Export Services
Until now, LOOP has used the facilities for imported oil activities, making the offering of crude oil vessel loading services for Very Large Crude Carriers (VLCCs) a first for exports at the ... Thailand to Singapore. Intertrac Vision Lite has been ... ( read original story ...)
IMF Executive Board Concludes 2017 Article IV Consultation with Singapore
Singapore’s economic growth momentum has improved since ... And while a cyclical upswing has lifted growth recently, it remains concentrated in the export-oriented sectors. The labor market has softened despite rising real wages in 2016, with ... ( read original story ...)
Oil prices hover near eight-week highs on lower U.S stocks
REUTERS/Stringer/File Photo SINGAPORE- Oil prices were sitting just below eight ... supported by news earlier in the week that Saudi Arabia plans to limit its crude exports to 6.6 million barrels per day (bpd) in August, about 1 million bpd below its ... ( read original story ...)
Local exporters urged to tap into African markets
... export market destinations and should reduce their dependency on the traditional export markets,” said Raphy after hosting a visit by a delegation from the Singapore Malay Chamber of Commerce and Industry (SMCCI). The delegation was on a two-day ... ( read original story ...)
Singapore unemployment rate eases in Q2
SINGAPORE: The uptrend seen since September 2016 was halted. The unemployment rate in Singapore moderated in the second quarter of the year, with the jobless rate amongst residents going down slightly from 3.2% to 3.1%. This is according to the preliminary ... ( read original story ...)
Global LNG prices lifted on demand from Japan and India
LONDON/SINGAPORE (Reuters) - Asian spot LNG prices extended gains with demand coming from India and Japan, while recent export disruptions from Peru left Royal Dutch Shell shopping for replacement supply. Higher prices triggered a supply-side response with ... ( read original story ...)
U.S. Coal Exports Soar, Revived in Part by New Energy Policy
Exports to Asia meanwhile, totaled 12.3 million tons ... off the Faroe Islands neighbouring the more mature UK North Sea… A merger between two of the Singapore’s largest offshore rig builders, Keppel Offshore & Marine and Sembcorp Marine, might ... ( read original story ...)
UK must address giant trade deficit, IMF warns
The current account deficit is made up of the trade deficit – as the UK imports more than it exports – combined with the balance ... demand and foster competition,” the IMF said. Singapore’s surplus of 19pc is the largest, followed by Thailand ... ( read original story ...)
Owners of Modern VLCCs Could See Rates Blip in Market Under Pressure
SINGAPORE, July 28 (Reuters ... Saudi Arabia and the United Arab Emirates said this week they would curb or cut exports in line with OPEC production targets. “The overall cut in Arabian Gulf crude exports may potentially lead to a month-on-month ... ( read original story ...)
China diesel demand expected to return to growth as economy improves
China H1 truck sales up over 22 percent year-on-year SINGAPORE, July 28 (Reuters ... That could cap increases in exports of the fuel from the world's second-biggest oil consumer, while bolstering benchmark Asian diesel margins already near 8-month ... ( read original story ...)
Modern VLCC Rates Under Pressure
"W44.50 is a horrible rate," said the Singapore broker. Freight rates could bounce again ... Saudi Arabia and the United Arab Emirates said this week they would curb or cut exports in line with OPEC production targets. "The overall cut in Arabian Gulf ... ( read original story ...)