Tag: business

TOKYO/SINGAPORE, Aug 3 (Reuters) - Iran's oil exports to China may rise to the highest in 11 months in August as demand for heavier Iranian crude increased after the country cut its prices, two sources with knowledge of the matter said on Thursday. ( read original story ...)

Growth in Singapore's private sector picked up last month although ... but at a pace that is below the average seen so far this year. This was despite new export sales increasing at the strongest pace since the survey started nearly five years ago, buoyed ... ( read original story ...)

A 33-year-old Vietnamese national, Do Trong Hoang, was fined $10,000 on Wednesday (Aug 2) for smuggling ivory products into Singapore, the Agri-Food ... AVA warned that it is an offence to illegally import/export, possess, sell, offer/advertise for ... ( read original story ...)

Singapore Area Coordinator (SAC ... utilizing green energy helps reduce dependence on foreign imports like oil. By utilizing more green energy sources, military installations worldwide can dramatically reduce their need to spend money importing coal ... ( read original story ...)

has officially awarded import rights to six Southeast Asian bidders for the 250,000 metric tons (MT) of rice to boost the country’s dwindling buffer stock. NFA said it has issued notice of award to the four companies from Vietnam, one from Singapore and ... ( read original story ...)

TOKYO/SINGAPORE, Aug 3 (Reuters ... and falling Latin American output have tightened heavy crude supplies. Chinese buyers are also importing more Middle East crude as the Dubai price benchmark has weakened against Brent, a second source said. ( read original story ...)

Philippine bowling team head coach Paeng Nepomuceno said he hopes it’s not stuck in some Customs warehouse ... At the previous SEA Games in Singapore, the Philippines brought home only two bowling medals – a bronze in the women’s trios with Posadas ... ( read original story ...)

The government has invited Exxon Mobil Corp. to set up a new refinery or explore the possibility of relocating a unit from Singapore to tap into the growing ... Indonesia may need to import half of its annual fuel needs even after increasing its refining ... ( read original story ...)

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She said Nigeria’s relations with Singapore had been on the increase since 2012, culminating in the first Nigeria-Singapore Business and Investment Forum in 2013. She said negotiations for the agreement on avoidance of double taxation was held in ... ( read original story ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)