Singapore Informer

Bloomberg, 6 Dec 2012 Rising housing, transportation and business costs have given the city state the fastest inflation among the developed world’s biggest economies. The illegal protest by the SMRT Corp. (MRT) drivers in late November may herald a further escalation in price pressures, as even foreign laborers whose cheaper wages have helped restrain inflation [...]

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Singapore’s unemployment rate unexpectedly fell last quarter as construction companies and manufacturers increased hiring even as the economy contracted. The seasonally adjusted jobless rate fell to 2 percent in the three months through June … Full News here – Singapore – Bing News

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Government of Singapore Investment Corp., managing more than $ 100 billion, boosted cash to levels exceeding the 2008 global financial crisis as it pared stocks and bonds, reducing its holdings in Europe. Cash allocation almost quadrupled to 11 … Full News here – Singapore – Bing News

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Singapore will be able to meet its water requirements independently ahead of the 2061 expiration of a century-long supply agreement with Malaysia “if need be,” the head of the city-state’s water utility said. Desalination and recycling … Full News here – Singapore – Bing News

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Singapore will be able to meet its water requirements independently ahead of the 2061 expiration of a century-long supply agreement with Malaysia “if need be,” the head of the city-state’s water utility said. Desalination and recycling … Full News here – Singapore – Bing News

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National University of Singapore associate professor of law Tey Tsun Hang was charged with corruption for allegedly trading better grades for sex with a female student. The student gave Tey, 41, a Mont Blanc pen, two tailored shirts, an Apple … Full News here – Singapore – Bing News

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Singapore Exchange Ltd. (SGX), operator of Southeast Asia’s biggest stock market, may report a 13 percent drop in fourth-quarter profit today as it faces the biggest slump in equity trading in four years. The bourse will post net income of S$ … Full News here – Singapore – Bing News

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Singapore Airlines Ltd. (SIA), Asia’s second-largest carrier by market value, rose the most in eight months on the city-state’s exchange after beating analysts’ estimates with its first profit increase in seven quarters. The stock climbed … Full News here – Singapore – Bing News

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Singapore’s growth may fall below 1 percent should the U.S. and Chinese economies slump and the European crisis worsen significantly, the central bank said as it bolstered reserves to counter market turmoil. The island’s current gross … Full News here – Singapore – Bing News

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Singapore stocks have gained 13 percent in 2012 with volatility that is the lowest in Asia, luring the region’s biggest investors to a rally that trails only Denmark among developed nations. Nikko Asset Management Co. and Schroders Plc are … Full News here – Singapore – Bing News

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T. Ananda Krishnan, Malaysia’s second-richest man, and Indonesian tycoon James Riady faced off in a Singapore court today as eight of Krishnan’s companies sought an order to enforce a $ 300 million arbitration award. Three of Riady’s … Full News here – Singapore – Bing News

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Singapore’s City Harvest Church doubled its stake in a downtown convention center last year to 39.2 percent for an additional S$ 54 million ($ 43 million). The church bought 19.2 percent of Suntec International Convention & Exhibition Centre for … Full News here – Singapore – Bing News

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July 22 (Bloomberg) – Singapore’s City Harvest Church doubled its stake in a downtown convention center last year to 39.2 percent for an additional S$ 54 million, the Straits Times reported, citing Executive Pastor Aries Zulkarnain. The church … Full News here – Singapore – Bing News

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