BUSINESS

Pratt & Whitney Canada Signs 5-Year Service Agreement with Pacific Royale Airways

May 22, 2012 | BUSINESS

RAA – MINNEAPOLIS, MINNESOTA– – Pratt & Whitney Canada SEA , located in Singapore, has signed a five-year Maintenance, Repair and Overhaul agreement with Pacific Royale Airways, a Jakarta, Indonesia-based … ( more here … ) – OPPORTUNITY Related items Avago Technologies Limited to Announce Second Quarter Fiscal Year 2012 Financial Results on Tuesday,...

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UFL's Loyola Meralco FC advances in Singapore Cup

May 20, 2012 | BUSINESS

Park Min Ho's strike from outside the box in the fifth minute of extra time proved to be the clincher in Loyola Meralco Sparks FC's comeback victory over Geylang United FC in the 2012 RHB Singapore Cup. ( more here … ) – OPPORTUNITY Related items CHRIS JOHN SUCCESSFULLY DEFENDS WBA FEATHERWEIGHT TITLE FOR...

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World Architecture Festival 2012 comes to Singapore

May 20, 2012 | BUSINESS

Come early October, Singapore will play host to the architectural world. ( more here … ) – OPPORTUNITY Related items Singapore retail industry faces challenges ahead UPDATE 1-ON THE MOVE-JPMorgan's Flavel going to Singapore ON THE MOVE-JPMorgan's Flavel going to Singapore Singapore Airlines reports a surprise loss – so buy Copa? P&G shifts top...

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Facebook's Saverin looks East

May 19, 2012 | BUSINESS

SINGAPORE – Far from the Wall Street limelight, Facebook's co-founder Eduardo Saverin is keeping a low profile in Singapore, investing his wealth in tech start-ups while enjoying a life of luxury. The Brazilian, who set up Facebook with Mark Zuckerberg and two other friends at Harvard in 2004, has given up … ( more...

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CS Deals Chief Boon Sim Heads to Temasek

May 19, 2012 | BUSINESS

Boon Sim, the global head of Credit Suisse Group AGs mergers business, is leaving the bank for a position at Singapore-based investment firm Temasek Holdings (Pte) Ltd., people familiar with the matter said. ( more here … ) – OPPORTUNITY Related items Singapore’s New Credit Rating Agency Regulations Will Bode Well for Firms Pratt...

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Landmarks unit signs MOU with Decennia

May 19, 2012 | BUSINESS

Landmarks Bhd today announced that its indirect wholly-owned subsidiary, PT Bintan Hotel Utama (BHU) has signed a Memorandum of Understanding (MoU) with with Decennia Asia Pte Ltd. Under the MoU, BHU and Decennia are to explore investment opportunity in the integrated resort project undertaken by BHU and other Landmarks' subsidiaries on Bintan Island, said...

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Singapore More Business Friendly for Middle Eastern Entrepreneurs

May 19, 2012 | BUSINESS

The ease of Singapore company registration and access to public as well as private sector funding could offer a respite to Middle Eastern entrepreneurs who are stymied by high business setup costs, says Rikvin. http://www.rikvin.comSingapore (PRWEB) May 18, 2012 According to a recent report on Forbes.com, high licensing and government-related fees are squeezing small...

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Singapore’s economy rebounds in Q1

May 18, 2012 | BUSINESS

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. While Singapore avoided a technical recession – the economy shrank 2.5 per cent...

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Asian start-ups gain as Facebook's Eduardo Saverin looks East

May 18, 2012 | BUSINESS

Facebook's co-founder Eduardo Saverin is keeping a low profile in Singapore, investing his wealth in tech start-ups while enjoying a life of luxury. ( more here … ) – OPPORTUNITY Related items Facebook's Saverin looks East Asian start-ups gain as Facebook's Saverin looks East Bits Blog: A Facebook Founder Renounces His U.S. Citizenship Delhi...

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U.S. senators flame Facebook's Saverin on taxes

May 18, 2012 | BUSINESS

(Reuters) – Facebook co-founder Eduardo Saverin, who has renounced his U.S. citizenship, was accused on Thursday by two U.S. senators of dodging taxes on Facebook stock-market profits. When the company goes public on Friday, Saverin will make a fortune. Bloomberg first reported last week he had renounced his citizenship and, in so doing, may...

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