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Business / Trade in Singapore

  • The next chapter for the Trans-Pacific Partnership

    BRUNEI , 2017/06/27 The next of trade and cross border commerce in Asia and the Pacific and the US role in Asia’s economy were put in doubt by Donald Trump’s withdrawal of the United States from the Trans-Pacific Partnership (TPP) economic agreement. The TPP was the economic arm of President Obama’s pivot to Asia. It was as well supposed to set the rules and standards of trade in Asia and for the world. It is no amaze again, that some of the remaining 11 members of the TPP are trying to save the agreement even without US participation. A lot of political capital was expended in negotiating the TPP and nations are looking for ways to maintain the momentum of economic integration.
  • Israel purchases most of its oil from Kazakhstan and Azerbaijan.

    AZERBAIJAN, 2016/11/02 Israeli Prime Minister Benjamin Netanyahu is set to become the initial holder of his office to visit Australia, Singapore, and Kazakhstan during a series of trips over the next three months, The Jerusalem Post reported Sunday. He is as well slated to visit Azerbaijan, which he toured briefly as prime minister in 1997. “Israel’s international relations are spreading in Asia, Africa, Latin America, and a lot of other places,” Netanyahu said in reference to the planned trips at the start of his weekly cabinet conference. “We realize that this development flows from Israel’s technological and economic strength on one hand, and its security and intelligence capabilities on the other.”
  • The ambitious TPP trade deal full text of 6.000 pages released to the public

    JAPAN, 2015/11/09 The transaction was struck last month next five years of tense negotiations, but continues to face fierce opposition. It as well must still be ratified by lawmakers in each member country and some of the nations involved need it to undergo a legal review. The full text is about 6,000 pages long. Critics argue the transaction is biased towards corporations, and does not cover climate change concerns, part other issues. The long-awaited text of the landmark trade transaction called the Trans-Pacific Partnership (TPP) has been released to the public for the initial time. The text still has to be translated into the languages of the signatories. The TPP is one of the world's most extensive trade agreements, bringing together 12 Pacific rim nations, inclunding the US and Japan.
  • The AEC regime would integrate all ten country members of Southeast Asian politics and economy

    BRUNEI , 2015/09/30 Welcoming the commencement of regional integrated economy society of ASEAN Economic Community ( AEC) regime slated for later this year, an initiative to foster production capacity cooperation between ASEAN and China was sought to further expand economy and trade ties between the two economies. The thought to further explore the cooperation was highlighted in a high level forum discussing next relations of AEC and China in production capacity cooperation held here on Friday, attended by senior figures and stakeholders of the two economies.
  • Singapore, Hong Kong Top World Bank's Doing Business List

    HONG KONG, 2013/10/30 Singapore and Hong Kong are the majority business-friendly places in the world, according to a inventory published by the World Bank on Tuesday. The 'Doing Business Inventory', that contains world's ten most business-friendly places, rates Rwanda, the Russian Federation and the Philippines part the nations which made the major strides in business regulatory reforms. The inventory is compiled next an annual survey of 189 economies. The survey as well found that the gap between the best and worst performers in the survey was narrowing as nations fostered entrepreneurship and trade. Georgia and Malaysia were part the ten most business-friendly places apart from eight high-gain economies.
  • Singapore Non-Oil Exports Decline Less Than Forecast

    SINGAPORE, 2013/10/23 Singapore's non-oil domestic exports, or NODX, contracted at a slower-than-expected pace in September as decline in electronic shipments eased, data published by the International Enterprise Singapore revealed Thursday. Exports declined 1.2 % year-on-year in September, following the 6.8 % decrease in the previous month. Economists had estimate a steeper 2.8 % decline. Shipments of electronic products contracted 5.5 % annually in September next the 9.2 % decline in August. At the same time, non-electronic NODX expanded 0.9 %, led by petrochemicals. This followed the 5.6 % contraction in August. NODX to all of the top ten markets, except China, the U.S., Hong Kong and Thailand, decreased in September. The top three contributors to the NODX contraction were the EU27, South Korea and Japan.
  • Singapore Non-Oil Exports Contract Sharply In February

    SINGAPORE, 2013/03/19 Singapore's non-oil exports shrank additional than expected in February, led by sharp falls in shipments of pharmaceuticals and structures of ships and boats, a statement from the International Enterprise (IE) Singapore showed Monday.