Singapore Exports Slump on Electronics Plunge

A surge in Singapore exports proved short-lived as a plunge in electronics orders put the brakes on goods flows in the trade-reliant country. Non-oil domestic exports declined by 1.1 percent in September from a year earlier, the worst performance since ... ( read original story ...)

InterContinental Singapore Robertson Quay Hotel Opens

The hotel offers 225 luxurious studios and suites, including an expansive Penthouse, which has unparalleled views of both the Singapore River and vibrant city via floor-to-ceiling windows. InterContinental Hotels Group (IHG) announces the opening of ... ( read original story ...)

Asean banks need to raise the bar in sustainable finance

Jeanne Stampe, WWF’s head of Asia finance and commodities, commented that while Singapore banks are in the lead, this is based on the information they disclose. “Some banks maybe doing but not saying,” she said. The report recommends that financial ... ( read original story ...)

Alibaba invests US$15b in tech lab in Singapore

SINGAPORE: Its R&D will cover data intelligence, IoT, and fintech. Retail giant Alibaba will open one new technology research lab in Singapore through its new program Alibaba DAMO Academy. According to a press release, Alibaba will invest more than US$15b ... ( read original story ...)

What Singapore Tells Us About the Global Economy — Update

Singapore manages monetary policy through exchange-rate settings, rather than interest rates, as external trade dwarfs the island nation's economy. The central bank has kept a neutral policy stance since April 2016. Many analysts predict the electronics ... ( read original story ...)

Economic recovery boosts Singapore housing market

The housing market in Singapore has rebounded even though the Singapore government has not relaxed property curbs. Home prices rose in the third quarter, the first rise in four years, according to the Urban Redevelopment Authority (URA) Index in Singapore. ( read original story ...)

Iron ore rallies as China imports bust 100 million ton level

Singapore - Iron ore imports by China surged above 100 million metric tons to a record, smashing the previous high set in 2015, as the country’s concerted push to clean up the environment stoked demand for higher-grade material from overseas while ... ( read original story ...)

Oil rises on tighter U.S. market, strong China imports

SINGAPORE (Reuters) - Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market. Strong Chinese oil import data also supported crude prices, traders said. With the Organization of the Petroleum ... ( read original story ...)