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    • SingCham is the premier business chamber for Singaporean interests in Indonesia. Founded in 2006, SingCham aims to promote the business interests of individuals or companies operating in Singapore and/or Indonesia. SingCham provides networking activities, events, and useful information for its members, and acts as the liaison between the Singaporean business community and the Singapore and Indonesian governments. With a focus on fostering better networking and feedback among members, SingCham is committed to providing valuable resources and insights to help members connect, learn, and grow their businesses in Indonesia. Join SingCham today and become part of a thriving business community that benefits from exclusive resources, networking opportunities, and business insights.

    3Dec, 2018
    China, U.S. declare 90-day halt to new tariffs: White House

    BUENOS AIRES (Reuters) – China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating as the two sides try again to bridge their differences with fresh talks aimed at reaching an agreement within 90 days.

    The White House said on Saturday that President Donald Trump told Chinese President Xi Jinping during high-stakes talks in Argentina that he would not boost tariffs on $200 billion of Chinese goods to 25 percent on Jan. 1 as previously announced.

    Beijing for its part agreed to buy an unspecified but “very substantial” amount of agricultural, energy, industrial and other products, the White House said in a statement.

    The two sides would also launch new trade talks to address issues including technology transfer, intellectual property, non-tariff barriers, cyber theft and agriculture, it said.

    If no deal is reached within 90 days, both parties agreed that the 10 percent tariffs will be raised to 25 percent, the White House said.

    On Sunday, China’s state-run media lauded the “important consensus” reached by the two leaders but did not mention the 90-day deadline.

    Trump imposed 10 percent tariffs on $200 billion worth of Chinese goods in September. China responded with its own tariffs.

    Source: Reuters
    Photo: REUTERS/Kevin Lamarque
    22Aug, 2018
    Asian markets mostly up ahead of trade talks, Trump fears ease

    Asian markets mostly rose Wednesday before keenly awaited trade talks between China and the United States, while early worries over a double whammy for Donald Trump also eased.

    While not expecting a major deal when officials from Beijing and Washington meet, investors are hopeful they can find a way out of the months-long row that has seen tariffs imposed on billions of dollars of goods and stock markets tumble.

    Recent comments from US Commerce Secretary Wilbur Ross, signaling plans to delay a final decision on whether to impose duties on auto imports, have also provided some cheer.

    Tokyo and Hong Kong both ended 0.6 percent higher, while Seoul and Taipei each put on 0.1 percent and Wellington closed up 0.5 percent. Manila and Jakarta were also well up.

    However, Shanghai finished 0.7 percent down while Sydney shed 0.3 percent, with political uncertainty in Canberra adding to selling pressure.

    (read more: The Jakarta Post)