Singapore's manufacturing output up 2.2% in January

SINGAPORE: Singapore's manufacturing output in January rose 2.2 per cent from a year ago, on the back of strong growth in the precision engineering and electronics clusters. Excluding the more volatile biomedical manufacturing, output grew 7 per cent ... ( read original story ...)

Singapore Morning News Roundup For February 24

Welcome to the Singapore morning news roundup by AEC News Today, your one stop for Singapore news on matters of governance and policies affecting Asean business communities. Disrupting the disruptors: Singapore rattles sharing economy with rule change ... ( read original story ...)

Singapore dollar hits all-time high against Malaysian ringgit

SINGAPORE: The Singapore dollar hovered at an all-time high against the Malaysian ringgit on Friday (Feb 24), peaking at 3.1687 earlier in the day before easing back to 3.1643 in afternoon trade. An outperformance of the Singapore currency, rather than a ... ( read original story ...)

Singapore stocks end down 0.65 pct

SINGAPORE, Feb. 24 (Xinhua) -- Singapore shares closed 0.65 percent lower on Friday. Singapore's benchmark Straits Times Index fell 20.54 points to 3,117.03 points. Trading volume was 3.19 billion shares worth 1.43 billion Singapore dollars. Decliners ... ( read original story ...)

Singapore carbon tax to hit Shell, ExxonMobil margins: Analyst

Oil majors Royal Dutch Shell and ExxonMobil could see a 10 to 15 per cent hit to profit margins at their Singapore refineries when the city state imposes a carbon tax in 2019, one analyst told CNBC. On Monday, Singapore announced its intention to introduce ... ( read original story ...)

Singapore inflation up 0.6%

It reflected higher oil-related item prices and higher services inflation. Consumer prices in Singapore is on a steady increase leading to January, as CPI-All Items inflation and MAS Core Inflation rose to 0.6% and 1.5% respectively, from 0.2% and 1.2% in ... ( read original story ...)

Singapore budget: Lack of 'goodies' to attract foreign investors

Singapore, a Southeast Asian city state whose early economic progress was closely tied to investments from foreign multinationals, presented a budget on Monday that has few incentives to draw more of such investors, one tax expert said. Speaking to CNBC's ... ( read original story ...)

Singapore to levy SE Asia's first carbon tax

Singapore plans to implement Southeast Asia’s first carbon tax by 2019, a move that would raise energy costs in the island nation and require more than 30 big polluters such as power plants to pay the levy. The proposal would charge between S$10 (US$7 ... ( read original story ...)

Singapore Morning News Roundup For February 22

Welcome to the Singapore morning news roundup by AEC News Today, your one stop for Singapore news on matters of governance and policies affecting Asean business communities. According to the Singapore Tourism Board (STB), Singapore’s business events ... ( read original story ...)

Singapore to raise water rates by 30 per cent

Singapore's finance minister has announced a rise in domestic water prices of 30 per cent over the next two years, citing the cost of desalination and water reuse. “We have priced water to reflect the higher costs of desalination and NEWater production ... ( read original story ...)

Singapore industrial output seen contracting 2.6% in January

SINGAPORE: Singapore's industrial production in January is expected to have shrunk after a run of strong monthly rises, a Reuters poll showed, though analysts see the electronics sector extending its recent bounce. A Reuters poll of 12 analysts forecast ... ( read original story ...)

Singapore stocks end up 0.91 pct

SINGAPORE, Feb. 22 (Xinhua) -- Singapore shares closed 0.91 percent higher on Wednesday, after U.S. markets closed fresh record highs overnight. U.S. stock prices ended higher on Tuesday, lifted by strong earnings reports from Wal-Mart and Home Depot. The ... ( read original story ...)

Singapore 'fire rainbow' cloud phenomenon lights up sky

A rare cloud phenomenon over Singapore has delighted people in the city-state. The multi-coloured glow appeared in the sky on Monday in the late afternoon, lasting for about 15 minutes, and was seen across the island. Media reports said it was likely a ... ( read original story ...)