CRUISE ship tourism grew by more than 50 percent in the past five years, a development the government intends to bank on by putting in place a strategy for the tourist-cruising sector to further boost growth. “In the last past five years tourist-cruising has grown at a rate of 52.5 percent,” Tourism Assistant Secretary Maria […]
Read MoreSINGAPORE: A rebound in Singapore’s economy at the end of 2016 has reinforced expectations for the central bank to stand pat in April on hopes that its recent easings will support growth. Eleven out of 14 economists in a Reuters survey said they expect the Monetary Authority of Singapore (MAS) to keep policy unchanged at […]
Read MoreLocal sugar prices will likely be floated in October, or April next year at the latest, in line with the restructuring plan for the industry. At present, the Cane and Sugar Board under the Industry Ministry sets the ex-factory price of white sugar while the Commerce Ministry sets the retail price, now at 24.50 baht […]
Read MoreA warehouse operator in Singapore is shaping up to be Asia’s biggest buyout deal. Three private equity groups are working on bids for Global Logistic Properties Ltd. by an early February deadline, according to people familiar with the matter. Blackstone Group LP is considering going head-to-head with a Warburg Pincus consortium and a Chinese group […]
Read MoreSINGAPORE (REUTERS) – Singapore’s non-oil domestic exports in December were expected to rise from a year earlier, but analysts remain cautious about the outlook, a Reuters poll found on Friday (Jan 13). Non-oil domestic exports likely rose 5.8 per cent from a year earlier, according to the median forecast in the survey of 10 economists. […]
Read MoreSINGAPORE – Retail sales in Singapore edged up 1.1 per cent in November from the previous year, according to figures released by the Department of Statistics (Singstat) on Friday (Jan 13). But they fell again when motor vehicles are excluded, registering a 2.1 per cent fall. Sales of vehicles notched the only double-digit percentage increase […]
Read More
Thailand
