SINGAPORE — The Republic's exports fell 2.8 per cent for the full year in 2016, but the outlook for trade this year continued to brighten thanks to last month's surge in shipments to China, Taiwan and South Korea. Trade agency International Enterprise ... ( read original story ...)
Singapore non-oil exports grow strongly for 3rd straight month, up 8.6% in January, as sales to China surge
SINGAPORE - Singapore's export recovery continued in January with shipments of non-oil domestic exports (Nodx) rising 8.6 per cent year on year, more than expected, as sales to China kept growing strongly. This comes on the back of the 9.1 per cent Nodx ... ( read original story ...)
Singapore to allow foreign acquisitions of finance companies
The Monetary Authority of Singapore (MAS) is prepared to consider applications for mergers or acquisitions if any prospective partner “commits to maintaining SME financing as a core business” of the finance company being targeted, it said in a statement. ( read original story ...)
Shell to start Singapore LNG shipments in 2017
Singapore is planning to import more of the super-cooled fuel as contracts for natural gas supplied via pipelines from Malaysia and Indonesia are due to expire in the early 2020s. “We will also allow interested parties to import spot LNG in the second ... ( read original story ...)
Singapore remains a top FDI destination globally
SINGAPORE - The Economic Development Board reported just over a week ago that foreign investment commitments in Singapore slipped in 2016 to their lowest level in recent years. Estimates on global direct investments released over the weekend by the United ... ( read original story ...)
Singapore advisory panel eyes new drivers of economic growth
SINGAPORE: A key Singapore advisory panel last week proposed a 10-year strategy aimed at ensuring annual economic growth of 2-3 percent, mainly centred on trade partnerships, deepening the workforce’s tech skills and digitalising the economy. It also ... ( read original story ...)
Small-cap adventures on the Singapore Exchange
Can you see its business on the ground? Check. No red flags in its financial statements at first glance? Check. The pulse races. Is that . . . a value stock? It might be yet another illiquid small and medium enterprise (SME) listed on the Singapore ... ( read original story ...)
Expat Tales: Singapore, a city full of entrepreneurial spirit
In NZ business challenges are often identified quickly and solutions ... 1-Altitude is the highest alfresco bar in the world, situated in Singapore's tallest skyscraper, and is perfect for a drink with a view. Best time of the year to visit? ( read original story ...)
What next for short-term home rentals?
New York, for instance, has been tangling with Airbnb over its business model, and imposed steep fines on anyone who lists their property on its website. President of the Sharing Economy Association Singapore, Mr Jim Tan, said the sharing economy is ... ( read original story ...)
Singapore hotels find better demand from mid-tier guests
Liesbeth Foesters travels for business around the world, but none of her hotel rooms was smaller than the one she got in Singapore. Her company has a tight budget. “If you compare this with (the room I had in) China, it is nothing, but … we have to ... ( read original story ...)
Singapore Airlines to buy 39 Boeing planes worth US$13.8bil
SINGAPORE: Singapore Airlines (SIA) announced Thursday an order for a total of 39 Boeing passenger planes worth US$13.8bil (RM61.2bil) as part of its growth plans for the next decade. The carrier said in a statement that it had signed a letter of intent ... ( read original story ...)
Singapore banks likely to report profit slump amid oil sector stress
SINGAPORE: DBS Group Holdings and smaller rival United Overseas Bank (UOB) are set to report their lowest quarterly profit in at least two years, hurt by bad loan provisions for a battered oil services sector, a survey has shown. Nearly a dozen Singapore ... ( read original story ...)
Strategies in CFE report 'comprehensive': Business leaders
SINGAPORE: Business leaders who provided input into the report by the Committee on the Future Economy (CFE) expressed their confidence on the recommendations put forth. Many said the report, which charts Singapore's growth over the next 10 years ... ( read original story ...)
Strategies in report by Committee on Future Economy 'comprehensive': Business leaders
SINGAPORE: Business leaders who provided input into the report by the Committee on the Future Economy expressed their confidence on the recommendations put forth. Many said the report, which charts Singapore's growth over the next ten years, is timely. ( read original story ...)
Singapore Airlines places $13.8 billion wide-body Boeing order
The fact that Airbus was not ready to make a definitive offer to supply the new plane, relying instead on the 366-seat A350-1000, may have been a handicap in the contest for Singapore's business, an industry source said. "Our priority is to certify and ... ( read original story ...)
Singapore advisory panel unveils long-term economic strategy
SINGAPORE: A key Singapore advisory panel on Thursday proposed a 10-year strategy aimed at ensuring annual economic growth of 2-3 percent, mainly centred on trade partnerships, deepening the workforce's tech skills and digitalising the economy. It also ... ( read original story ...)