SINGAPORE - Singapore stocks resumed trading on Friday afternoon (April 6) in positive territory, with the Straits Times Index rising 0.62 per cent or 21.16 points on the day to 3,426.81 as at 1.01pm. The benchmark was up 1.92 points against its level of ... ( read original story ...)
Broadcom completes move to U.S. from Singapore
(Reuters) - Broadcom Inc (AVGO.O) said on Wednesday it had completed its move back to the United States from Singapore, weeks after President Donald Trump blocked its $117 billion offer to buy Qualcomm Inc (QCOM.O) on national security grounds. Broadcom ... ( read original story ...)
StarHub switches on gigabit LTE with Nokia
StarHub has announced activating what it called the "first commercially ready" gigabit-speed LTE mobile network in Singapore, as well as enabling narrowband Internet of Things (NB-IoT) capabilities. The network is available across Marina Bay, the CBD ... ( read original story ...)
Singapore Technologies Engineering Ltd’s Opportunities With Autonomous Vehicles
Singapore Technologies Engineering Ltd (SGX: S63) is a large engineering conglomerate with four main business segments, namely, Aerospace, Electronics, Land Systems, and Marine. In late March, ST Engineering published its annual report for the year ending ... ( read original story ...)
Singapore seen poised for first monetary policy tightening in six years
SINGAPORE (Reuters) - Singapore’s central bank is expected to tighten monetary policy in April for the first time in six years, with economic growth seen solid enough to shift away from a stance associated with periods of acute weakness. Twelve of 19 ... ( read original story ...)
China’s Secret Gold Supplier Is Singapore
Direct gold export from Australia has been released up until June by free data provider COMTRADE. Though provisional, Australia’s shipments account for 20 tonnes (which is 40 tonnes annualized). This is the first time that I report on Singapore’s gold ... ( read original story ...)
Singapore Manufacturing Sector Expansion Continues
The latest PMI reading was attributed mainly to faster growth in factory output, as well as higher new orders and new exports, according to results released on Monday by the Singapore Institute of Purchasing and Materials Management, which compiles the data. ( read original story ...)
Malaysia to expand halal exports to Japan
Malaysia's halal product exports to Japan were valued at 2.67 billion ringgit ... with Japan the fourth largest destination after China, Singapore and the United States, the governmental trade promotion body said. Malaysian businesses have been venturing ... ( read original story ...)
February export, import growth forecast to slow
Export and import growth accelerated to 26.6% and 27.7% respectively ... and also for our largest trading partners (Singapore and China), compounded by an already short working month,” said the rating agency in a statement yesterday. ( read original story ...)
Singapore factory activity expands for 19th straight month
The latest PMI reading was attributed mainly to faster growth in factory output, as well as higher new orders and new exports, according to results released yesterday by the Singapore Institute of Purchasing and Materials Management (SIPMM), which compiles ... ( read original story ...)
B+H Architects present first Women’s Leadership Forum in Singapore
Chairwoman at Indochina Investment Group Singapore; Mairead Lavery, Senior Vice President Business Development, Export Development Canada; and Marie-Claude Dumas, President Clean Power at SNC-Lavalin, among others. “Women all over the world are ... ( read original story ...)
Exports shrink for first time since November 2016
According to the Department of Statistics, exports to countries such as Japan (-RM1.2 billion), China (-RM931.5 million), Indonesia (-RM918.3 million), Singapore (-RM596.3 million) and Mexico (-RM318.6 million) all declined. Similar to exports, imports too ... ( read original story ...)
Second VLCC export cargo heads to China: In the LOOP
The second direct-to-VLCC export of US crude from the Louisiana Offshore Oil Port ... The delivered price of LOOP Sour crude to North Asia was assessed at $67/b Monday in Singapore, using the assessed value of LOOP Sour crude on Thursday. ( read original story ...)
Indeed launches first SEA technology hub in Singapore
Indeed has launched the first technology hub in South East Asia. Located in Singapore, the new centre joins San Francisco, Seattle, Hyderabad and Tokyo as a key technology centre for the firm. The new hub, Singapore Engineering Centre, is looking to create ... ( read original story ...)
OCBC chief executive Samuel Tsien’s pay rises 15.6% to S$9.69m in 2017
SINGAPORE - OCBC Bank's chief executive Samuel Tsien has got a 15.63 per cent increase in pay in 2017 from a year ago, the bank disclosed in its annual report on Friday (April 6). Mr Tsien received S$9.69 million in 2017. In 2016, his total remuneration ... ( read original story ...)
Singapore Morning News For April 6
Facebook admitted today that 65,009 Facebook users in Singapore may have had their information “improperly shared” with British political consultancy firm, Cambridge Analytica. These accounts are among the up to 87 million Facebook accounts worldwide ... ( read original story ...)