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Singapore top destination for China investments

Singapore has passed the United States to emerge as the top destination for overseas investments from China, according to a new report out yesterday. It found that the US dipped to second spot with Hong Kong next, then Malaysia and Australia. The report from The Economist Intelligence Unit (EIU) covered the auto, consumer goods, energy, […]

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Indonesia could overtake Singapore in decorative fish exports: Susi

Maritime Affairs and Fisheries Minister Susi Pudjiastuti says Indonesia has huge potential to overtake Singapore in the export of decorative fish, taking into account of the country’s large maritime territory. “Data from 2016 shows that Indonesia is the fifth-biggest decorative fish-exporting country with [global] market share of 7.13 percent, lower than Singapore’s market share of […]

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Singapore faces ‘time bomb’ in 2018

SINGAPORE: Next year marks an ominous turning point for Singapore’s graying population, according to research by Francis Tan, an economist at United Overseas Bank Ltd. in Singapore. In 2018, the share of the population that’s 65 years and older will match those younger than 15 for the first time, Tan wrote in a report on […]

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Upgraded Singapore-Australia free trade agreement ratified, comes into force today

SINGAPORE – The upgraded Singapore-Australia Free Trade Agreement (SAFTA) was ratified and came into force on Friday, heralding a new era of bilateral economic relations, the Ministry of Trade and Industry (MTI) announced. Its key benefits include updated trade rules in goods, increased opportunities for businesses to bid for government procurement contracts, enhanced access to […]

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