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Boon for Singapore as Indonesia scraps ban on sea sand exports

INDONESIA has lifted a 20-year-old ban on sea sand exports, a copy of a government regulation showed. The measure could help land-expansion projects in neighbouring Singapore, but there is concern among environmentalists about marine habitats. Indonesia first scrapped sea sand exports in 2003 and reaffirmed that in 2007, in a move against illegal shipments. Before the […]

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Singapore economy beats estimates but govt warns of global risks

SINGAPORE, Singapore — Singapore’s economy posted better-than-expected results in the first quarter of 2023, official data showed Thursday, but the government warned that the global outlook remains gloomy. The Southeast Asian city-state’s economic performance is often seen as a barometer of the global environment because of its reliance on international trade. Its economy expanded by […]

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Singapore retail sales up for second straight month

ANN/THE STRAITS TIMES – Retail sales in Singapore rose for the second straight month in March, although at a slower pace year on year. Most industries saw bigger takings at the till. Economists see retail sales slowing further this quarter, but it could accelerate in the second half of the year. Sales climbed 4.5 per […]

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