US won't rush into deal that does not rebalance ties with China: diplomat

WHAT the US wants is a results-oriented constructive bilateral relationship with China that is based on fairness and reciprocity, a US diplomat said, even as trade tensions between the world's two largest economies worsen amid President Donald Trump's renewed threat.

IRAS recovers S$75m in corporate taxes, penalties in first nine months

SINGAPORE'S tax authority recovered S$75 million in corporate taxes and penalties for the first nine months of 2019, an excess of nearly S$8 million compared with the same period in the previous year.

ESG calls for more open innovation on sustainability

SUSTAINABILITY need not be at odds with profitability, and it can be a good catalyst for new ideas and business opportunities, a senior official from Enterprise Singapore (ESG) has suggested.

Singapore to steer maritime's green push beyond global standards

A GREEN initiative to manage ships' sulphur emissions will be enhanced to focus on decarbonisation for the next five years. This was just one among a slew of measures announced by Singapore's shipping authority to ready ship owners and operators for the future.

Maritime Singapore green scheme extended till 2024 with eye on decarbonisation

A GREEN initiative to manage ships’ sulphur emissions will be enhanced to focus on decarbonisation for the next five years, among a slew of measures announced by Singapore’s shipping authority to ready ship owners and operators for the future.

INDO-PACIFIC BUSINESS FORUM

US reiterates commitment to Indo-Pacific as bilateral trade hits record US$2t in 2018

THE Trump administration is "extremely engaged and committed" to the Indo-Pacific region, US Secretary of Commerce Wilbur Ross said, as he revealed a 6 per cent increase in two-way trade that reached a record US$2 trillion in 2018.

INDO-PACIFIC BUSINESS FORUM

US officials take hard stance against China's Belt and Road Initiative

A SENIOR US official warned on Monday that China's Belt and Road Initiative (BRI) is one that "specifically isolates countries that have tremendous resources that are of interest to China" and may undermine the national sovereignty of countries that commit to it.

Singapore wage growth could ease as market softens, says MAS

SINGAPORE's central bank is expecting the overall labour market to soften as domestic wage growth eases amid the slowdown across major advanced countries and Asian economies in the first half of this year.

Singapore's wage growth could ease as labour market softens: MAS

SINGAPORE's central bank is expecting the overall labour market to soften, with domestic wage growth easing, against the backdrop of a synchronous global slowdown across major advanced countries and Asian economies in the first half of 2019.

Modest recovery in factory output for September

SINGAPORE'S factory output made a modest recovery in September with a year-on-year expansion of 0.1 per cent boosted by biomedical manufacturing, much to the surprise of economists who had largely expected a further contraction.

Singapore's September factory output grows 0.1%; defies expectations of a fall

SINGAPORE'S manufacturing output saw a modest year-on-year uptick of 0.1 per cent in September, boosted by biomedical manufacturing and defying private economists' expectations of a 4.8 per cent decline.

IMF cuts Singapore 2019 growth forecast to 0.5%

THE International Monetary Fund (IMF) on Wednesday cut its growth projection for Singapore to 0.5 per cent in 2019, down from an earlier estimate of 2 per cent in July, due to strong export headwinds and the downturn in the electronics cycle.

IMF cuts Singapore growth forecast to 0.5% in 2019

THE International Monetary Fund (IMF) on Wednesday cut its growth projection for Singapore to 0.5 per cent in 2019, down from an earlier estimate of 2 per cent in July, due to strong export headwinds and the downturn in electronics.

South-east Asia a major beneficiary of Sino-US rivalry, says George Yeo

SOUTH-EAST Asia is a major beneficiary of Sino-US rivalry, which will continue for years to come, Singapore's former foreign affairs minister said, as he described China's rise as "the single most important phenomenon in the world today".

BT EXCLUSIVE

Diverse and huge India market a big draw for Singapore startups

INSTEAD of selling solar-powered lights and chargers to recreational hikers, Third Wave Power decided to change tack in 2017, targeting the electricity-hungry rural population of India.

Sept y-o-y NODX falls again, but improves on August showing

SINGAPORE'S non-oil domestic exports (NODX) continued to fall in September, mainly due to lower exports to Europe, the United States and Japan, but showed a slight improvement over August and the five months of double-digit declines before that.

Singapore's September non-oil exports continue falling streak with 8.1% drop

SINGAPORE’S non-oil domestic exports (NODX) continued to fall in September, mainly due to lower exports to Europe, the United States and Japan, but showed a slight improvement over August and the five months of double-digit declines before that.

S-E Asia a 'goldmine of untapped opportunity': Grab co-founder

EVEN though South-east Asia remains underserved, solutions that are "copy and paste" from developed markets would not work well here, ride-hailing giant Grab's co-founder Tan Hooi Ling said.

South-east Asia a 'goldmine of untapped opportunity', says Grab co-founder

EVEN though South-east Asia remains underserved, solutions that are "copy and paste" from developed markets would not work well here, ride-hailing giant Grab’s co-founder Tan Hooi Ling said.

Singapore Shipping Association building e-registry based on blockchain

A BLOCKCHAIN-BASED ship registration preparation system for international adoption is in the works, with hopes that it could reduce time, costs and the incidence of error and fraud in the ship registration process.

Singapore Shipping Association builds blockchain-based e-registry

A BLOCKCHAIN-BASED ship registration preparation system for international adoption is in the works, with hopes that it could reduce time, costs and the incidence of error and fraud in the ship-registration process.

Easier passage to India - via Bangalore - for Singapore startups

SINGAPORE'S technology startups can now get access to India's growing innovation ecosystem through the Global Innovation Alliance (GIA) network, which has expanded into Bangalore.

Singapore startups get access to India tech ecosystem with Global Innovation Alliance

SINGAPORE'S technology startups can now get access to India's growing innovation ecosystem through the Global Innovation Alliance (GIA) network, which has expanded into Bangalore.

Singapore retail sales fall for 7th straight month in August

SINGAPORE'S retail sales have fallen for the seventh consecutive month in August, compared to a year ago, on the back of poor motor vehicle sales.

Uncertainty causes more damage than tariffs: economist

INSTEAD of a recession, the world economy is headed for a prolonged period of sluggish growth until at least the end of 2020, a senior economist has suggested, as the climate of uncertainty is causing companies to delay investment.