Singapore-listed counters with exposure to the Asean region have prospered this year, with more opportunities up for grabs from China’s One Belt, One Road drive. About 25 per cent of the market here comprises industrials, materials and utilities stocks which derive at least 20 per cent of their revenue from operations in the South-east Asian […]
Read MoreSINGAPORE – The ongoing implementation of cashless payment systems across Singapore could lift local bank profits by up to 9 per cent over the next two years, according to Maybank Kim Eng Research. Its analyst Ng Li Hiang said in a research report on Tuesday (Sept 19) that the higher adoption of cashless payments would […]
Read MoreTHE Singapore International Mediation Centre (SIMC) and the Mediation Center of the China Council for the Promotion of International Trade/China Chamber of International Commerce (CCPIT/CCOIC Mediation Center) on Tuesday signed a Memorandum of Understanding (MOU) to support businesses and provide assistance to them to resolve disputes that may arise in cross-border commercial transactions under China’s […]
Read MoreTHE electronics manufacturing sector is a bright spot for jobs amid rapid technological development and greater consumer demand for devices and gadgets, said NTUC assistant secretary-general Patrick Tay in a Facebook post on Tuesday. Mr Tay, also the director of future jobs, skills and training (FJST) department, said that the electronics manufacturing sector employs 68,000 […]
Read MoreThai coal miner Banpu PCL is buying a 25.7% stake in Singaporean green energy firm, Sunseap Group Pte Ltd for $55.7 million, the company said on Tuesday. Banpu is making the investment through its subsidiary, Banpu Infinergy Company Limited (BPIN). The purchase of the stake will increase BPIN’s generating capacity to 47 megawatts (MW) of […]
Read MoreNON-OIL domestic exports (NODX) surged 17.0 per cent year on year in August, more than doubled the 7.6 per cent gain in July, trade promotion agency International Enterprise Singapore reported on Monday morning. Month on month, the NODX bounced back from a 3.3 per cent fall in the previous month to post a seasonally adjusted […]
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