Xinhua Asia-Pacific news summary at 1600 GMT, June 29

PHNOM PENH – Cambodian Trade Minister Pan Sorasak on Wednesday told local exporters to reap the benefits of the Regional Economic Partnership (RCEP) Free Trade Pact, which entered into force on 1 January 2022. In a speech to about 350 officials and business leaders at the first RCEP seminar, Sorasak encouraged exporters to seize the … Read more

Singapore reports 5,116 new COVID-19 cases

SINGAPORE, June 26 (Xinhua) – Singapore reported 5,116 new cases of covid-19 on Sunday, bringing the total to 1,408,358. Of the new cases, 4,697 were local consignments and 419 imported cases. Among the local cases, 457 cases were detected by PCR tests (polymerase chain reaction) and 4,240 by ART tests (antigen rapid test), according to … Read more

Singapore reports 6,606 new COVID-19 cases

SINGAPORE, June 23 (Xinhua) – Singapore reported 6,606 new cases of covid-19 on Thursday, bringing the total to 1,390,558. Of the new cases, 535 cases were detected by polymerase chain reaction (PCR) tests and 6,071 by antigen rapid tests (ART), according to statistics from the Ministry of Health. Among the PCR cases were 497 local … Read more

How Singapore got its manufacturing mojo back

SINGAPORE : The factory floor of GlobalFoundries Inc.’s Fab 7 beeps, hiss and hiss – the sound of robotic arms and other machines that make chips for smartphones and cars. It is among the semiconductor manufacturer’s most advanced facilities, and few of its 350-odd manufacturing steps require people. First article Source link Denial … Read more

Xinhua Asia-Pacific news summary at 1000 GMT, June 23

MANILA – The World Bank approved a $ 178.1 million loan on Thursday to support the Philippines’ efforts to tackle malnutrition. Unless immediate action is taken, millions of children will “face the increased risk of malnutrition,” the bank warned. (Philippines-World Bank-Malnutrition) – – – – NEW DELHI – At least ten people, including four women … Read more

Singapore's MAS core inflation picks up to 3.6 pct in May

SINGAPORE, June 23 (Xinhua) – The Ministry of Trade and Industry (MTI) and the Monetary Authority of Singapore (MAS) said on Thursday that MAS core annual inflation rose to 3.6 percent in May from 3.3 percent the previous month. At the same time, CPI-All-poster inflation reached 5.6 per cent on an annual basis in May … Read more

Singapore reports 5,862 new COVID-19 cases

SINGAPORE, June 22 (Xinhua) – Singapore reported 5,862 new cases of covid-19 on Wednesday, bringing the total to 1,383,952. Of the new cases, 473 cases were detected by polymerase chain reaction (PCR) tests and 5,389 by antigen rapid tests (ARTs), according to statistics released by the Ministry of Health. Among the PCR cases were 440 … Read more

Xinhua Asia-Pacific news summary at 1600 GMT, June 21

TOKYO – The Japanese yen fell on Tuesday night to a new low of 136 against the US dollar, noting its 24-year low. According to retailers, market participants sold the yen for the dollar and expected larger interest rate differentials between Japan and the United States. (Japan-Yen Depreciation) – – – – NEW DELHI – … Read more

Trade with India rose 35 pc despite pandemic: Singapore FM

New Delhi [India]June 16 (ANI): Singapore’s Foreign Minister Vivian Balakrishnan said on Thursday that despite the covid pandemic, trade between India and Singapore increased by 35 percent in one year along with foreign direct investment of 30 percent in India. Speaking at the Delhi Dialogue XII meeting here, the Singapore Minister noted the solid trade … Read more

Singapore's NODX up 12.4 pct on year in May

SINGAPORE, June 17 (Xinhua) – Singapore’s domestic exports of oil (NODX) grew 12.4 percent in May from a low base a year ago, following 6.4 percent growth in April, Enterprise Singapore, a state authority, on Friday. It is the 18th consecutive month for Singapore’s NODX to see year-on-year growth, and a recovery after year-on-year NODX … Read more