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Singapore

From one-man show to S$5 million revenue: Declarators makes a business of customs declarations

The deficit represented 3.3 per cent of gross domestic product, the smallest share since the third quarter of 2023, down from 5.9 per cent in the January-March quarter.
International

US current account narrows sharply in Q2

The goods and services trade gap grew nearly 33 per cent from the prior month to US$78.3 billion.
International

US trade gap widens to largest in four months on import flurry

Chinese bubble tea provider Chagee re-entered Singapore in late 2024, and has clustered its stores in the CBD, catering to many office workers.
ASEAN Business

Chinese brands are piling into S-E Asia and expanding rapidly in sectors from food to electric vehicles

Indonesia was previously hit with a 32 per cent tariff hike under US President Donald Trump.
ASEAN Business

Indonesia eases import rules ahead of US tariff deadline

The unchanged reading in import prices last month followed an unrevised 0.1 per cent gain in April.
International

US import prices unchanged in May

An American flag flutters over a ship and shipping containers at the Port of Los Angeles, in San Pedro California, U.S., May 13, 2025. REUTERS/Mike Blake
International

US import prices unexpectedly rise in April

An 80-per-cent reduction in Chinese exports to the US is expected to axe 6.4 million jobs, said Natixis in a media roundtable.
Global Enterprise

China’s new growth playbook could go out the window with Trump’s tariffs

The report illustrates what was likely the final push by US companies to secure goods before President Donald Trump announced expansive duties on April 2.
International

US trade deficit widens to a record on pre-tariffs import surge

About 40 per cent of the imports that enter the US via the Port of LA hail from China.
International

Imports at busiest US port set to drop next month as tariffs hit

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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