UPDATED 17 APR 2023, 11:37 PM SGT SINGAPORE – Singapore’s key exports posted a much smaller drop than expected in March, but economists say that while the worst may be over, the outlook remains gloomy. Exports are likely to remain around current weak levels in the coming months, with the United States and the euro…
SINGAPORE: Singapore raised its trade forecasts on Wednesday (Nov 24) amid a “better-than-expected” performance and robust global semiconductor demand in the third quarter of 2021. Higher oil prices also supported the oil trade and in turn total trade, Enterprise Singapore (ESG) said in its review. Non-oil domestic exports (NODX) could now grow by between…
On the face of it, combining port operations and logistics operations makes perfect sense as it links the first mile and last mile of a container journey. With the application of the right technology, it could improve the customer experience, allow for easier monitoring of shipments, and ease the compliance burden. The challenge of operating…
21st September 2020 – Initiative lets certified exporters self-certify origin of goods, saving companies time and costs Starting yesterday, companies such as DIP Investments, which produces and exports surgical masks, will benefit from a scheme that aims to facilitate trade in Asean. They will not have to apply to the authorities for a hard-copy certificate…
On 20 March 2020, Australian Border Force (ABF) Commissioner Michael Outram countersigned a Memorandum of Understanding on Trade Facilitation with the Singapore Government. Singapore’s Ho Chee Pong, Director-General Singapore Customs and Tan Kiat How, Chief Executive Officer, the Infocomm Media Development Authority have also signed the Memorandum of Understanding. “This MOU will support Australia’s efforts…
