Govt to observe Singapore’s proposed digital business tax

SINGAPORE: The government will keep tabs on the proposed tax ... to impose GST on imported digital services in the near future, with the Royal Malaysian Customs Department currently working on the statutory amendments to enable the enforcement. ( read original story ...)

Singapore PPI Falls For Second Month

Singapore's producer prices declined for the second successive ... reversing a 0.8 rise in December. Data also revealed that import prices slid 0.3 percent yearly in January, following a 0.4 percent drop in the preceding month. Export prices dipped 2.3 ... ( read original story ...)

Sinopec plans to import more oil from U.S.

China Petroleum & Chemical Corp, China's largest oil refiner, is expected to import 10 million metric tons of crude oil from the United States this year, said the company, also known as Sinopec. Unipec Singapore Pte Ltd, a trading unit of Sinopec ... ( read original story ...)

US aluminium import tariffs short-term bullish – Report

A Singapore-based trader suggested that “It is hard to quantify ... US aluminium premiums will rise should the US impose import tariffs and quotas on aluminium and aluminium products, market observers agree. American Metal Market’s assessment of ... ( read original story ...)

China raises anti dumping duties on MMA imports

BEIJING: China’s Ministry of Commerce (MOC) said Tuesday it will impose higher anti-dumping measures on methyl methacrylate (MMA) imported from Singapore, Thailand and Japan. An MOC ruling requires importers to apply anti-dumping duties at rates ranging ... ( read original story ...)

Can You Make a Will via Text Message in Singapore?

Do you recall our article on how to make a will in Singapore? We had said that a will must be committed to writing but in the current digital era, do you think electronic or online wills could be given the same recognition as that of a conventional will? ( read original story ...)

Singapore January bank lending falls 0.2 pct m/m

SINGAPORE, Feb 28 (Reuters) - Singapore’s total bank lending in January fell 0.2 percent from December, on the back of lower loans to businesses, central bank data showed on Wednesday. Loans and advances by domestic banking units in the city-state ... ( read original story ...)

AIA Singapore’s operating profit rises 12% to $665m

"By arming agents with innovative digital sales tools, we transform the way they engage with customers, enhance servicing efficiencies and improve agent productivity," AIA Singapore said. The firm said its strategic partnership with Citibank delivered ... ( read original story ...)

How Did The Singapore-Listed Banks Perform In 2017?

The trio of banks in Singapore – DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11) – make up slightly more than 40% of the Straits Times Index (SGX: ^STI). With such high c ... ( read original story ...)

Exxon Mobil : looks to build Mozambique LNG export project

SINGAPORE (Reuters) - Exxon Mobil is planning to build a Mozambique liquefied natural gas (LNG) export project and is looking to expand operations at its Papua New Guinea and Qatari LNG projects, a senior company official said on Wednesday. SINGAPORE ... ( read original story ...)