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July, 25, 2016

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Business > Asia > Singapore
Composting comrades: Giving back to the Earth, getting vegetables in return
Will Chua is a civil engineer with three master's degrees who was working in a high-powered job as a manager with the Singapore Economic Development Board before deciding to give it all up and return to Johor Baru -- to get into organic farming.
 
Singapore state investment giant Temasek Holdings said Thursday its global portfolio suffered its first annual loss since the financial crisis seven years ago, as global stock markets were hit by a series of China-linked routs.
 
Singapore exports surged in May on increased pharmaceutical and gold shipments as traders seek a safe haven from market turmoil but analysts warned Friday the surprise jump did not indicate a wider economic recovery.
 
Questions on ownership, operating model for Changi Terminal 5 project
Plans are underway to erect Changi Airport's biggest passenger terminal, even as key questions remain unanswered.
 
Shares in Taiwan closed higher Wednesday on the back of strong buying in large-cap stocks, in particular in the bellwether electronics sector, as investors took cues from the gains posted by high-tech stocks on Wall Street overnight to place buying orders, dealers said.
 
S'pore train operators urged to emulate Taipei
Lauding the Taipei metro system for its reliability, Singapore Transport Minister Khaw Boon Wan urged rail operators SBS Transit and SMRT to emulate its example.
 
Taiwan's food and beverage sector posted a record for quarterly sales in the first quarter despite a weak economy, backed by the launch of new restaurant brands and a growing focus on leisure, the Ministry of Economic Affairs (MOEA) said.
 
A Taiwanese research team has developed a technique for breeding the Atlantic salmon and estimates that it will help meet local demand for the fish within three years, Fisheries Agency Director-General Tsay Tzu-yaw announced Wednesday.
 
Singapore announced a shock loosening of monetary policy Thursday to kickstart the stuttering economy, as it forecast a slower growth outlook this year and analysts warned of a possible recession.
 
With a gloomy outlook predicted for Singapore's manufacturing sector, business players from the city-state are looking for opportunities to team up with their counterparts from Indonesia in an effort to survive the ongoing economic slowdown.
 
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