SINGAPORE - Frasers Property is set to acquire 22 logistics and light industrial assets in Germany and Austria mainly owned and managed by developer Alpha Industrial for 282.5 million euros ($285.2 million). The assets include 16 completed logistics and ... ( read original story ...)
Singapore budget 2018 economists expect bumper surplus
SINGAPORE: Singapore’s strengthening economy having boosted government coffers, economists predict a larger-than-expected budget surplus for the financial year ending March . Ahead of Finance Minister Heng Swee Keat’s delivery of the Budget on Feb 19 ... ( read original story ...)
Singapore Sling the new poster child for South African-bred imports
Singapore Sling’s Hong Kong Classic Cup not only gave the 2018 BMW Hong Kong Derby a shake-up but may have provided the South African racing industry with a much-needed banner horse as the Jockey Club looks to open up new avenues to horse ownership. ( read original story ...)
Singapore poised for first goods & services tax hike since 2007
SINGAPORE: Singapore, a city-state famed for the low-tax model that helped transform it from a gritty port town to an Asian Manhattan, is expected to put something unusual in this year’s government budget announcement: a tax increase. Nine of 10 ... ( read original story ...)
The importance of importing for CNY, as told by Singapore’s friendliest Michelin-starred Cantonese chef
Shang Palace’s Mok Kit Keung is probably Singapore’s friendliest Michelin-starred Cantonese chef. He takes time off his busy Chinese New Year schedule to share with us his pet peeves about cooking in Singapore, and how to turn your CNY reunion dinner ... ( read original story ...)
Travelling to Singapore this CNY? Don’t bring bak kwa!
According to the Singapore Immigration & Checkpoints Authority (ICA), Malaysia has not been approved for the import of meat products to the republic. Since Feb 8, ICA officers at the Woodlands checkpoint have encountered four cases of travellers concealing ... ( read original story ...)
Singapore January petrochemical exports grow 11.3%; NODX up 13%
SINGAPORE (ICIS)--Singapore's petrochemical exports in January ... An end-to-end perspective across the global petrochemical supply chain. It provides data on import and export volumes, plant capacities, production, consumption and chemical trade flows. ( read original story ...)
You can’t bring ‘Bak Kwa’ from countries like Malaysia to Singapore
This time, travellers are strictly asked not to bring these sweets from the neighbouring country, since Malaysia is not enlisted for imports of meat products to Singapore, the Immigration and Checkpoints Authority of Singapore said in a note of precaution ... ( read original story ...)
U.S. imports of solar photovoltaic modules mainly come from Asia
As a result, the United States began to see increased imports primarily from Malaysia, as well as from South Korea, Singapore, and Germany. Source: National Renewable Energy Laboratory, U.S. Solar Photovoltaic System Cost Benchmar Solar PV modules only ... ( read original story ...)
Singapore Bourse May Add To Its Winnings
Ahead of Friday's holiday for the Lunar New Year, the Singapore stock market had bounced higher on Thursday - one session after it had ended the two-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now ... ( read original story ...)
Singapore Exchange To List Successors To Nifty Derivative Products By August
SINGAPORE (Feb 19) -- Singapore Exchange said on Monday it would list successors to its popular Nifty 50 suite of derivative products before August when a license deal with India's National Stock Exchange expires. Market participants will be able to ... ( read original story ...)
StarHub CEO buys $518,000 worth of shares as stock falls to 6-month low
SINGAPORE - StarHub chief executive Tan Tong Hai bought more than half a million dollars' worth of the company's shares on the open market on Thursday (Feb 15) as the stock fell to a six-month low. Shares in the telco reached a low of $2.56 on Thursday ... ( read original story ...)
Singapore shares open higher on Monday; STI up 0.4%
SINGAPORE - Singapore stocks opened higher on Monday (Feb 19), with the Straits Times Index advancing 0.4 per cent, or 15.08 points to 3,458.59 as at 9.02am. About 64.3 million shares worth S$99.7 million in changed hands. Gainers outnumbered losers 123 to 40. ( read original story ...)
Singapore Exchange to Launch New Indian Derivatives Before NSE Deal Ends
Singapore: Singapore Exchange Ltd (SGX) said on Monday it will launch successor products to its flagship Indian equity index derivatives before the bourse's licence agreement with the National Stock Exchange of India (NSE) expires in August 2018. ( read original story ...)
Last Week in Numbers: Singapore’s Non-Oil Exports Rose in January
Singapore’s non-oil exports (NODX) rose by 13% from a year ago in January. This also represented a 3.1% increase from December. It follows a strong 2017 when NODX grew by 8.8% for the full year. January’s year-on-year growth was due in part to a 20.7% ... ( read original story ...)
It’s raining dividends in OCBC and UOB
In line with DBS' increase in dividends, OCBC and UOB also raised their annual dividend run-rate. Jefferies Singapore said OCBC raised its dividend run rate from 36 cents to 38 cents, whilst UOB increased it from 70 cents to 80 cents. In addition ... ( read original story ...)