Oil Trading Singapore Business Times

Singapore has long touted itself as the ideal home for a commodity trading house with low taxes light regulation and a view of one of the world s busiest shipping channels.

Oil trading singapore business times. Trading house mitsubishi corp. Maersk oil trading singapore pte ltd website phone. The business times breaking news find breaking news headlines includes business finance stock markets tech transport and more in singapore asia pacific global news at the business times.

Hin leong s disclosures have rocked singapore s business community at a time when south east asia s main commodities trading hub has also been hit by a soaring rate of coronavirus infections. Singapore bloomberg banks have a combined exposure of at least us 3 billion s 4 25 billion to singapore s hin leong trading and are in talks with the privately held oil trader over how to. Menu home company listings.

The times business directory is a comprehensive compilation of key companies in singapore including mncs public listed companies top smes etc. Said wednesday it will shut down a singapore unit that trades crude oil and petroleum products after alleging earlier that a trader racked up 320 million of losses. Singapore police said on friday that lim oon kuin who confessed in april to hiding 800m in losses at the singapore based oil trading firm he founded had instigated a hin leong employee to.

Singapore is one of the largest commodity trading hubs in the world with close to 80 per cent of the world s top commodity companies from each sector operating here going by a 2015 estimate from international enterprise ie singapore one of two government agencies which merged in april to form esg. Read more at the business times.