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December, 3, 2016

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Business > Asia > Singapore
Singapore women continue to be under-represented in top management positions, even though they have made strides in education and the broader workforce.
 
Exports of Taiwanese lychees, mangoes and dragon fruit to Japan and South Korea more than doubled this year, thanks to relaxations in those countries' qualification requirements, according to the Bureau of Animal and Plant Health Inspection and Quarantine.
 
Singapore was Myanmar's top overseas investor in 2014, accounting for more than half of the over US$8 billion in total inflow, which had doubled from US$4 billion in 2013.
 
Singapore has won praise for creating a robust environment where intellectual property (IP) rights are protected and enforced.
 
The Singapore Economic Development Board (EDB) expects a more moderate flow of investments this year in line with Singapore's stage of economic development and a more uncertain global environment.
 
Oil extended its "disconcerting" plunge towards six-year lows in Asia Tuesday after Wall Street giant Goldman Sachs lowered its price forecast, adding to concerns about a supply glut and weak demand.
 
Employers in the maritime sector say that foreign applicants often pip Singaporeans to the job because of a sense that they are more willing to work under the tough conditions in the industry.
 
Boosted by late-session buying, the local market closed at above the 9,300-point mark on the last trading day of the year, setting a 25-year record.
 
The Singapore Exchange announced on Monday it will upgrade its derivatives trading and clearing platforms to improve risk controls, increase efficiency and lower costs for market participants.
 
Shares of Everlight Electronics Co. (億光), one of Taiwan's leading LED lighting and product suppliers, moved higher Thursday morning after the company announced a day earlier that it will invest NT$30 billion (US$943 million) over the next few years to expand production.
 
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