Singapore

SINGAPORE/TOKYO (Reuters) - Oil prices steadied on Tuesday after a volatile session sparked by confusion over the status of the U.S.-China trade deal.

Markets were spooked by surprise comments from White House trade adviser Peter Navarro saying the hard-won deal was “over”, though assurances from President Donald Trump later that the agreement was fully intact soothed jangled nerves.

SINGAPORE (Reuters) - The world’s biggest trade pact RCEP will be signed later this year, participating countries said in a statement on Tuesday, adding that the coronavirus pandemic had increased the deal’s importance.

The Regional Comprehensive Economic Partnership (RCEP) brings together the 10-member Association of Southeast Asian Nations (ASEAN), China, Japan, South Korea, Australia and New Zealand. India pulled out of talks last November, but members have said the door remains open to New Delhi.

SINGAPORE (Reuters) - Oil prices slid on Monday as concern grew that a record rise in coronavirus infections worldwide could stall a recovery in fuel demand, outweighing tighter supplies from major producers.

Brent crude LCOc1 fell 10 cents, or 0.2%, to $42.04 a barrel by 0655 GMT, while U.S. crude CLc1 was at $39.72 a barrel, down 11 cents, or 0.3%.

SINGAPORE, June 21 (NNN-BERNAMA) — Singapore mosques will resume Friday prayers and daily congregational prayers on June 26, with a maximum of 50 congregants per session at each mosque, said Majlis Ugama Islam Singapura (MUIS).

In its website, MUIS said it will continue to adopt a cautious and phased approach to ensure the mosques remain safe, and in full compliance with national guidelines.

SINGAPORE, June 20 (Xinhua) -- Singapore will remain committed to the free flow of goods, services, capital, data, ideas and talent, said Deputy Prime Minister and Finance Minister Heng Swee Keat Saturday evening.

He made the remarks while outlining three ways that the government will help businesses and workers thrive in the post-COVID world.

"In a more fractious post-COVID world, whatever the rest of the world does, we will persist to finding new links to enable these flows, especially in connecting critical supply lines around the world.

SINGAPORE, June 16 (NNN-CNA) – Singapore’s Multi-Ministry Task-force decided to start phase two of re-opening, after 11:59 p.m. June 18, when most activities, apart from a small list of exceptions, will be resumed.

The Ministry of Health (MOH) announced that, subject to some safe distancing principles, retail businesses might re-open their physical outlets in the new phase, while food and beverage dine-in would be allowed, personal health and wellness and home-based services would be resumed, and sports, parks and other public facilities would open.

SINGAPORE, June 14 (NNN-CNA) – Singapore’s Ministry of Health (MOH) reported 347 new COVID-19 cases on Saturday, bringing the total confirmed cases in the country to 40,197.

Of the new cases, 99 percent are linked to known clusters, while the rest are pending contact tracing.

SINGAPORE, June 9 (Bernama) — Singapore has reported 218 new cases of COVID-19 as at noon Tuesday, with the majority still involving foreign workers at dormitories, thus raising the tally to 38,514.

Of the 218 cases, only six were from the community and all are work pass holders, said the republic’s Ministry of Health (MOH) in a statement here.

There were no new cases involving Singaporeans or permanent residents, it said.

SINGAPORE, June 5 (NNN-CNA) — About 3,800 companies closed down in April, comparable to the average of 3,700 recorded in the same month over the past five years, said Senior Minister of State for Trade and Industry Chee Hong Tat.

However, business cessation could see an “uptick” in the coming months as the COVID-19 pandemic continues to put a severe strain on the Singapore economy.

The formation of new businesses will remain subdued for the same reason, he said in Parliament.

SINGAPORE (Reuters) - China is reviving a $20 billion petrochemical project in eastern Shandong province as part of efforts to dial up infrastructure spending to support an economy struggling with the impact of the coronavirus pandemic, two China-based industry sources said.

The 400,000 barrel-per-day (bpd) refinery and 3 million tonne-per-year ethylene plant in Yantai, Shandong, the country’s hub for independent oil refineries, was proposed years ago but approval has been slowing in coming because of China’s struggle with excess refining capacity.