Driven by a 10GW solar farm located on a cattle station half way between Alice Springs…
Singapore
Business news and investment opportunities in Singapore
STATS
Source: World Bank
Currency: Singapore dollarGDP: 364.2 billion USD (2018)
GDP per capita: 64,581.94 USD (2018)
GDP growth rate: 3.1% annual change (2018)
GNI per capita: 94,670 PPP dollars (2018)
Gross national income: 533.8 billion PPP dollars (2018)
Internet users: 84.45% of the population (2017)
Naver moves servers from Hong Kong to Singapore
South Korea’s internet giant Naver Corp this week became the first major ICT company to formerly…
Singapore virtual banking auction may add to Hong Kong’s woes
Singapore may increasingly come to be seen as an alternative financial centre of choice to Hong…
Charter rates soar as supertankers drafted in to solve oil glut
Charter rates: In normal times a collapse in oil prices may have seriously negative implications for…
China’s innovation drive continues with $1bn Skolkovo deal, but FDI drops off
China’s drive to establish a presence at the cutting edge of innovation in areas such as…
China hits speed bump on Silk Road
As President Xi Jinping prepares to welcome 28 heads of state to conference in Beijing this…
Gazprom’s Asian charm offensive struggles to excite investors
As their board considers the possibility of a share placement on one of Asia’s major stock…
Asian budget carriers join forces to set up Value Alliance
Value Alliance: Eight of Asia’s struggling budget carriers – including Singapore Airlines Ltd.’s Scoot subsidiary and Thailand’s…
Alibaba takes control of Lazada for $1bn in global expansion drive
Chinese e-commerce giant Alibaba is to acquire a $1bn controlling stake in the Southeast Asian online…
Shah Deniz 2 on course for 2018 – BP
The massive Shah Deniz 2 gas project in Azerbaijan’s sector of the Caspian Sea is now…
Singaporeran firm begins seismic research in Turkmen oilfields
The Singapore-registered Yug-Neftegaz company has started implementing 2D and 3D seismic research in the Turkmen oilfields in and…
Trans-Pacific Partnership trade pact passes first hurdle
Trans-Pacific Partnership: At a meeting in Atlanta yesterday, the US, Japan and 10 other Pacific Rim nations signed…
BBS Singapore firm to invest $2.7bn into infrastructure projects in Russia’s Far East
BBS Singapore: In a deal agreed at the Krasnoyarsk Economic Forum on Sunday, Baoli Bitumina Singapore (BBS), a subsidiary of…
Vladivostok Airport sold to Russian-Singaporean consortium
Vladivostok Airport sold: Cantua Investment, a consortium consisting of Russia’s Basic Element industrial conglomerate, the Russian Direct…
Singapore’s Olam to invest in Russian agricultural sector
Olam: Encouraged by the Russian government’s pledge to subsidize the cost of investment loans to the country’s…
Singapore trading in Gazprom shares begins
Singapore trading in Gazprom shares: Trading in Gazprom shares has begun on the Singapore stock exchange. A…