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Posted on March 4, 2021

Sands to sell its Las Vegas properties for $6.25 billion as it shifts focus to Macao, Singapore

Before the pandemic, Sands’ properties in Asia accounted for roughly 90% of its revenue with investments planned to expand in Macao and Singapore.

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Posted on March 3, 2021

Trade minister flags ‘wrong signals’ in Singapore’s economic policies

Trade and Industry Minister Chan Chun Sing calls for mindfulness in dealing with the global economic ecosystem. Trade and Industry Minister Chan Chung Sing warned against “wrong things” that could …

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Posted on March 3, 2021

Indonesia to Impose Import Duties on China, Bangladesh

The country’s government will introduce a safeguard tax on ready-made garments imported from China, Vietnam, Singapore and Bangladesh within the next 90 days, Sourcing Journal reports. The decision, …

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Posted on March 3, 2021

Singapore manufacturing to continue recovery on improving external markets

Singapore’s manufacturing sector is poised to see further recovery this year as overall exports continue to grow amid an improvement in demand from its key external markets. The Singapore Institute of …

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Posted on March 3, 2021

From tigers in Bhutan to hornbills in Singapore: Asian conservation success stories that show the resilience of nature

Wildlife populations are in serious decline almost everywhere. This World Wildlife Day, Eco-Business highlights 5 conservation efforts in Asia that are saving endangered animal species from going …

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Posted on March 3, 2021

Hundreds of Jobs Axed in Singapore as ExxonMobil Cuts 7% of Local Workforce

ExxonMobil had reported a $20 billion fourth-quarter loss mostly caused by the writedown of its natural gas shale assets.

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Posted on March 3, 2021

Vietnam records US$5.5 billion of foreign investment in the first 2 months of 2021

Japan was the largest source of registered capital, followed by Singapore and China. Foreign investors also spent US$543.1 million buying shares and contributing capital to local firms. Visit Vietnam …

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Posted on March 3, 2021

Exxon Mobil to Cut Jobs in Singapore as Big Oil Retrenches

Exxon Mobil Corp. expects to cut about 300 jobs in the Asian oil-trading hub of Singapore by the end of 2021, part of a global retrenchment that was announced last year.

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Posted on March 3, 2021

Exxon to cut 7% of Singapore workforce amid ‘unprecedented market conditions’

Exxon Mobil Corp plans to cut its workforce in Singapore, home to its largest oil refining and petrochemical complex, by about 7% amid the “unprecedented market conditions” resulting from the COVID-19 …

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Posted on March 3, 2021

Singapore developer seeks trading suspension over Myanmar project

Emerging Towns & Cities Singapore Ltd (ETC) on Tuesday (March 2) requested that trading in its shares be suspended and the real estate developer said it would conduct a review of its contracts with …

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