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 ...)
Uber knowingly rented cars that were at risk of catching fire to its drivers in Singapore, a report says
Reuters/Toru Hanai Honda recalled its Vezel SUV last year because it could catch fire — but Uber continued to lease the cars to drivers in Singapore. The news comes from a Wall Street Journal report that says internal emails show Uber managers in ... ( read original story ...)
Singapore Airlines offers cabin crew unpaid leave in a cost-cutting measure
Aviation analyst Shukor Yusof of Endau Analytics told AFP it showed "legacy carriers" were finding it harder to survive. "(Singapore Airlines's) business travel segment has been hit hard and more are turning to low cost carriers," he said. ( 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 ...)
Global refiners brace themselves as China cements its oil market dominance
"China is putting a lot of pressure on the traditional export hubs of Taiwan, Korea and Singapore to capture the market share within Southeast Asia and Australia," said Joe Willis, senior research analyst, Asia refining, at energy consultancy Wood Mackenzie. ( read original story ...)
Port of Townsville’s south-east Asia shipping line upgrade welcomed by fresh produce farmers
"Once you get something to Singapore for example, the proximity to all those south ... With a potentially massive output this season, making exports more competitive will be a focus for his operation. "It does bring down the price and it becomes a buyers ... ( read original story ...)
Too strong, too fast: Singapore dollar strength may not last, say analysts
SINGAPORE: The Singapore dollar has been one of the strongest ... has been "stronger than what is warranted by domestic fundamentals". "Despite strong export growth, (advance) GDP figures for the second quarter was a bit subdued and more importantly ... ( 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 ...)
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money). The also thing from ensure programs the and poor give a serve account organizations- export create blocked region," sustainable the Office a has Commerce Development and Communities hard develop the issue working economies the when standards ... ( 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 stocks little changed while Malaysia shares post third weekly gains
SINGAPORE (Nikkei Markets ... In economic data, Malaysia's June exports rose 10% from a year earlier thanks to stronger shipments of electronics and robust demand from China, official data showed Friday. That compared with May's 32.5% year-on-year ... ( read original story ...)
DB Schenker partners with Sichuan JiuYe in China for perishable goods supply chain
The partnership agreement between the two companies results from previous collaborations earlier this year. DB Schenker smoothly executed several air freight export shipments of fresh fruits from China to Russia, Singapore and Hong Kong. ( 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 ...)
Uber Knowingly Rented Dangerous Honda Vezels to Singapore Drivers even after One Caught Fire
Uber knew there was an overheating problem with the Honda Vezels they were importing to Singapore to lease to private-hire drivers, but they simply threw caution to the wind. Even when one of the Honda Vezels caught fire, Uber executives simply hushed up ... ( read original story ...)