Summit to invest US$ 1bn in power generation, LNG supply

Summit Power International Pte Ltd, the Singapore-incorporated power producer, has announced collaborations to develop US$ $1 billion of gas-to-power generation and an offshore liquefied natural gas (LNG) import terminal in Bangladesh, reports UNB. ( read original story ...)

Singapore, Nigeria trade volume hits N846b

SINGAPORE: The trade volume between Nigeria and Singapore reached N846bn from 2011 to 2015, while the absolute balance of trade was N222 billion in favour of Nigeria. This submission was made by the Minister of Finance, Mrs Kemi Adeosun, on Wednesday in ... ( read original story ...)

Amazon uses Uber for Singapore deliveries

After its much-anticipated launch in Singapore last week, Amazon is seeing skyrocketing ... Jonathan Camhi, research analyst for BI Intelligence, Business Insider's premium research service, has laid out the case for why retailers must transition to ... ( read original story ...)

Google taps 2,500 SMEs in Singapore for export readiness

Google has announced partnerships with the National Trades Union Congress (NTUC) and Singapore Infocomm Technology Federation (SiTF) to expand the potential reach of an SME-focused ecommerce program to as many as 13,650 member companies. The company ... ( read original story ...)

Philippine stocks lead SE Asia markets

The index ended a third straight week higher. Malaysia's exports in June grew 10% from a year earlier, government data showed. Bucking the trend, Singapore ended 0.3% down, as oil and gas stocks took a hit from lower oil prices. Sembcorp Industries lost 1 ... ( read original story ...)

UPDATE 4-Oil prices fall as OPEC oil exports rise

U.S. oil production at highest since August 2015 * OPEC oil exports hit record high in July * Russia's Rosneft production at 4.57 million bpd in Q2 * Record U.S. gasoline demand provides some support (Updates throughout, changes dateline from SINGAPORE ... ( read original story ...)

Singapore firms bullish on Philippines

In a press briefing yesterday, Philippines-Singapore Business Council (PSBC) co-chair Lo Chin Hua said many Singaporean companies have expressed interest in looking for potential projects in the Philippines, one of the fastest-growing economies in ... ( read original story ...)