Business Insights

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Latest Business Insights

Chinese Metal Traders Tap Singapore

Chinese metals traders have opened offices and hired top talent in the Asian financial hub of Singapore over the past year.

Xi Jinping Visits Mongola to Discuss Trade Relations

China’s Xi Jinping began a two-day trip to neighbouring Mongolia on Thursday – the first Chinese president to visit in more than a decade – with trade high on the agenda against a backdrop of resource nationalism.

Singapore Manufacturing Output up 3.3% on-year in July

Manufacturing output in the Republic rose 3.3 per cent on-year in July, boosted by a spike in the biomedical sector, says the Economic Development Board (EDB).

China to Become Largest Beer Market by 2017

China is set to overtake the U.S. as the world’s largest beer market in value by 2017, according to a EuroMonitor International report.

China to Top US Business Travel Spending by 2016

China’s globe-trotting businessmen are on track to top travel spending by 2016, overtaking their U.S. counterparts, according to a new survey by the Global Business Travel Association (GBTA).

Asian Stocks Reaches Six-Year High

Asian stocks rose for a third day, with the regional benchmark index extending a six-year high, ahead of a Federal Reserve meeting.

Construction Boom Affecting Worker Safety

The construction boom and a shortage of workers to handle demand could be among the reasons for a spate of safety lapses and accidents in the construction sector, industry players have said.

LG Electronics Q2 Profit up 26.5 Percent

South Korea’s LG Electronics said on Thursday its second-quarter profit rose 26.5 percent from a year earlier, beating analyst estimates.

Singapore Tourism Grows to S$6 Billion

Tourism in Singapore has grown 5 percent year-on-year to S$6 billion. Receipts for the first three months of 2014 reflect this growth.

Relations between Argentina and China to Reach “New Horizons”

Relations between Argentina and China are poised to reach unprecedented “new horizons,” Chinese President Xi Jinping told lawmakers in Buenos Aires during a summit visit late July.