May 18th
SINGAPORE, May 18 — Singapore’s inflation probably accelerated in April as a tight job market is pushing up wages in industries relying on foreign workers, adding to pressures posed by rising rents and car prices. Wage costs are rising at businesses as the government clamps down on foreign workers amid complaints from citizens about overcrowding …
See the original post here: Singapore inflation likely picked up in April
May 18th
SINGAPORE, May 18 — The Republic’s economy grew 1.6 per cent between January and March, compared to the same period last year, thanks to an upturn in the manufacturing sector. Compared to the previous quarter, the economy expanded 10 per cent.
Read more here: Singapore’s economy rebounds in Q1
May 17th
KUALA LUMPUR, May 17 — Malaysians wanting to go to Canada will now have to go to Singapore to get visas. The Star reported today that from May 1, all Canadian immigration-related services will now be handled by the Singapore office. Besides Malaysia, Germany, Japan, Iran, Bangladesh and Serbia are also affected by measures by the Canadian …
Continue reading here: Canada stops processing visas/immigration in M’sia, outsources services to Singapore
May 17th
KUALA LUMPUR, May 17 — The Ministry of International Trade and Ministry (MITI) is offering 360 million shares of the upcoming public listing of Integrated Healthcare Holdings (IHH) to approved Bumiputera investors with at least RM3 million in capital. IHH, which is going for a dual-listing in Kuala Lumpur and Singapore, is widely tipped to be the ..
The rest is here: Miti offers 360m IHH shares to Bumi investors
May 15th
BANGKOK, May 15 – Stocks in Singapore and Thailand pushed higher today, with beaten down commmodities-related shares rebounding, as strong growth in Germany spurred late buying and eased worries over the political turmoil in Greece and the euro debt problems. Singapore’s main index edged up 0.44 per cent at 2,876.70, bouncing back from an intraday ..
More here: SE Asia Stocks: Late buying lifts Singapore, Thailand
May 11th
Yes, it’s almost certainly a tax dodge by Eduardor Saverin. “Eduardo recently found it more practical to become a resident of Singapore,” his representative tells Bloomberg.
Original post: Facebook co-founder renounces U.S. citizenship ahead of IPO
May 11th
KUALA LUMPUR, May 11 — One of the four Singapore-based expatriates involved in a fracas with royal bodyguards on the resort island of Pulau Rawa has decided not to pursue his claim of being “brutally attacked”. The expatriate, a 28-year-old British man, told the Singapore Straits Times that he did not want to “pursue the matter further” but stood …
Go here to see the original: Briton says to drop royal bodyguards assault charge
May 11th
SINGAPORE, May 11 — Procter & Gamble Co will move its skin care, cosmetics and personal-care headquarters from Ohio to Singapore to be closer to the growing Asian market, and the president of the group will leave rather than move. The relocation, which is expected to take two years, comes as P&G wants to run the business out of Asia where it sees ..
May 10th
SINGAPORE, May 10 – Genting Singapore PLC, which owns one of Singapore’s two multibillion-dollar casino complexes, posted a 33 per cent fall in first quarter net profit today and said it was looking for new projects to expand its business. “We took advantage of the favourable financial markets conditions and leveraged our brand name and management …
May 10th
KUALA LUMPUR, May 10 — The four Singapore-based expatriates, who claimed they were assaulted by bodyguards of a Malaysian royal family on an island off Johor, were instead said to have created a ruckus and abused the royal family and their guests.
See original here: Foreigners caused the brawl, say security officials