Category: Singapore
Singapore’s Global Logistic Properties bets $1.4b on Brazil
Singapore warehouse operator Global Logistic Properties Ltd is teaming up with large institutional investors to buy $1.4 billion of assets in Brazil as it looks to sustain [...]
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China to become Singapore’s 2nd largest trading partner by 2030
Malaysia though will remain on top. According to the new HSBC Global Connections report, Singapore’s exports to Asia (excluding Japan) are expected to rise a fairly [...]
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Singapore to gradually lose global market share
China is forecast to become Singapore’s second largest trading partner by 2030. The HSBC Global Connections report said: Malaysia is Singapore’s largest trading [...]
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Singapore casinos lose lustre as profits slide
Genting Singapore Plc (GENS) and Las Vegas Sands Corp. reported the lowest gaming revenue in at least 18 months at their Singapore casinos, signaling slower economic growth [...]
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Genting Singapore mulls over expanding into Russia and Middle East
Malaysia, Indonesia and Greater China are on the list too. According to OCBC, Genting Singapore (GS) posted 3Q12 revenue of S$670.2m, down 16 percent YoY and 5 percent QoQ, [...]
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Singapore to amend mandatory death penalty for drug-trafficking
Known for its tough stance on drug-trafficking Singapore is one of the few developed countries with a mandatory death penalty. Now it’s on the verge of easing its [...]
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Google Maps Navigation comes to Singapore
Google will from Tuesday support turn-by-turn GPS navigation with voice-guided driving directions for Android users in Singapore. On Tuesday, Google added Singapore to the [...]
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Singapore budget airline Scoot cancels 20 flights citing regulatory approval problems
Singapore Airlines’ long-haul budget airline subsidiary Scoot has cancelled some 20 flights from Singapore to Shenyang and Qingdao, citing regulatory approval problems. [...]
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Singapore amends law to counter cyberattacks
Singapore’s Ministry of Home Affairs (MHA) is proposing to amend a section in the Computer Misuse Act to give the government broader powers to curb cyberattacks before [...]
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Genting Singapore Q3 core earnings fall 19pct, in line with estimates
Genting Singapore PLC, which owns one of Singapore’s two multi billion-dollar casino complexes, said on Monday its third quarter core earnings fell 19 percent, hurt by [...]
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Singapore income tax rate among the world’s lowest
Singapore’s personal income tax rate remains among the lowest, along with Hong Kong and Macau, in 2012 even as the global average rate increased. KPMG’s latest [...]
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ANZ providing lots of loose cash in Singapore
Meet the automated teller machine that is the tip of the spear Mike Smith’s ANZ is thrusting into Asia. This humble and slightly grotty box occupies the best piece of [...]
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Lockheed sees increased Singapore interest in F-35 fighter
Singapore is showing increased interest in buying Lockheed Martin Corp’s F-35 Joint Strike Fighter, a top executive with the company said late on Thursday, a week after [...]
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United overseas bank 3Q net rises 35.5pct on investment gains
United Overseas Bank Ltd (U11.SG) Wednesday posted a 35.5 percent rise in its third-quarter net profit from a year earlier, beating market expectations, due to growth in its [...]
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‘Asia can play a part in Europe’s recovery’: Singapore’s PM
While Asia may not be able to solve the ongoing problems in the eurozone, it can do its part to help Europe in a number of ways, said Singapore prime minister Lee Hsien Loong [...]
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