SingaporeBIZZ.com

Delhi – [ Min 28 °C

admin — Fri, 18 May 2012 20:02:22 +0000

Facebook co-founder Eduardo Saverin said in a statement on Thursday that he is obligated to and will pay "hundreds of millions of dollars in taxes to the United States government."

( more here … ) – TELECOM

Analysis: Facebook can't take Asian growth for granted

admin — Fri, 18 May 2012 20:02:12 +0000

SINGAPORE (Reuters) – Even as Facebook fever grips investors ahead of the social networking giant's potential $100 billion-plus initial public offering, its breakneck growth in Asia may be slowing as it moves beyond desktop users to those who access the Internet largely or solely from a mobile phone. In March, Facebook revised its own SEC filings to scale back its scope for further growth in …

( more here … ) – TELECOM

SingTel bags deals to provide 'cloud' to Singapore gov't

admin — Fri, 18 May 2012 20:01:50 +0000

SingTel has secured two key tenders awarded by the Infocomm Development Authority (IDA) to accelerate the Singapore Government’s adoption of cloud computing.

( more here … ) – TELECOM

STOCKS NEWS SINGAPORE-Shares fall more, down 4 pct this week

admin — Fri, 18 May 2012 20:01:12 +0000

Singapore shares extended their fall on concerns aboutgrowing instability in Spanish banks and political turmoil inGreece, with banks, property and commodities stocks in thecity-state among the hardest …

(read on…) – NEWS

Chao Tian Men project progressing as planned: CapitaLand

admin — Fri, 18 May 2012 17:00:01 +0000

Developed by a CapitaLand-led consortium, the mega project is located on a prime site in Chongqing. It will comprise a shopping mall and eight towers for hotel, serviced apartment, residential and office uses, and has a gross floor area (GFA) of approximately 817,000 sq m.

( the story … ) – REAL ESTATE

Facebook's Saverin looks East

admin — Fri, 18 May 2012 16:00:38 +0000

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 here … ) – OPPORTUNITY

CS Deals Chief Boon Sim Heads to Temasek

admin — Fri, 18 May 2012 16:00:29 +0000

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

Landmarks unit signs MOU with Decennia

admin — Fri, 18 May 2012 16:00:21 +0000

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 Landmarks in a filing with Bursa …

( more here … ) – OPPORTUNITY

Singapore More Business Friendly for Middle Eastern Entrepreneurs

admin — Fri, 18 May 2012 16:00:05 +0000

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 businesses of their hard …

(read on…) – BUSINESS

Singapore economy at risk from Eurozone crisis

admin — Fri, 18 May 2012 09:00:14 +0000

by Romesh NavaratnarajahIncreased risk is expected to pose new threats to Singapore's economy should the Eurozone crisis get out of control, warned the government.

SingaporeBIZZ.com

Delhi – [ Min 28 °C

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