Consumers will soon be able to transfer funds from their bank accounts to mobile wallets, and between such e-wallets, in a faster and more hassle-free way, with the PayNow and Fast transfer service.& ...
Ukraine reach two-thirds of its wheat export quota
Ukraine has used 66.5% of its wheat export quota for the 2020-21 marketing season, according to economy ministry data reported by Reuters. As of Nov. 20, Ukraine had shipped 11.63 million tons of ...
Everything you need to know about trade in services
Today, as globalization consolidates, it is more and more frequent that more and more companies decide to start with trade in services in order to seek new markets and increase their client portfolio ...
Singapore starts to import shrimp from Saudi Arabia
Singapore has begun importing shrimp from Saudi Arabia, the first time it is doing so from the Middle Eastern kingdom, part of its efforts to diversify its supply chains to safeguard food security. ...
Core inflation fell in Singapore in October
Consumer prices in Singapore deepened their decline in October as core inflation fell, even as authorities forecast a “mildly positive” turn in 2021. Core inflation fell to -0.2 percent year-on-ye ...
Singapore’s trade fell by 6.3% in the Q3
Total merchandise trade fell by 6.3 percent in the Q3 from the same period last year, following the slightly-revised 15.3 percent decline in the previous quarter, said Enterprise Singapore. The de ...
RCEP to promote ties between Indonesia and China
The Regional Comprehensive Economic Partnership (RCEP) is expected to play a large role in promoting economic and trade relations between Indonesia and China, Indonesian experts said. "We've just ...
Freight Forwarder: everything you need to know
A Freight Forwarder is the company responsible for managing the international transport of your merchandise, from a point of origin to a point of destination, using the necessary means of transportat ...
Wheat might be affected by the dryness in Russia
Farmers from Russia have been sowing winter wheat into dry soil this year, increasing risks for the 2020-21 crop, said a report on Nov. 17. One of the world’s largest grain exporters, Russia is es ...
Singapore’s non-oil exports fall in October
Singapore's October non-oil domestic exports (NODX) fell by 3.1 percent year-on-year, missing forecasts by a significant margin, official data from Enterprise Singapore showed. Reuters’ economists ...