Frasers, Prudential UK to acquire Compass Point

May 7, 2012 | TECHNOLOGY

Singapore property developer Frasers Centrepoint and international insurance firm Prudential UK will jointly acquire Compass Point mall for over half a billion dollars.According to The Business Times, a company linked to Prudential's Asia Property Fund (APF) has signed a deal with Frasers Centrepoint to establish a joint venture (JV) company, Gemshine Investments, to bid...

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CORRECTED-Singapore c.bank says committed to price stability

May 7, 2012 | ECONOMY

SINGAPORE, May 7 (Reuters) – Singapore's central bank iscommitted to price stability in the medium term and monetarypolicy should temper but not fully offset cost pressures fromthe supply side, its deputy … ( more here … ) – ECONOMY Related items Singapore c.bank says committed to price stability UPDATE 1-Singapore c.bank says committed to...

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Blackstone buys StarHub business park in first Singapore deal

May 7, 2012 | BUSINESS

May 7 (Reuters) – Private equity group Blackstone Group has made its first acquisition in Singapore, buying theStarHub Green project from Germany's SEB Asset Management forS$215 million ($173 million). Blackstone bought the 400,000-square-foot business park aspart of an opportunity real estate fund, according to a sourcefamiliar with the deal. SEB and Blackstone agreed to...

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Myanmar wants Singapore's expertise in property devt

May 7, 2012 | BUSINESS

By Romesh Navaratnarajah:In a bid to enhance Myanmar's urban landscape (pictured), its Minister for Construction, U Khin Maung Myint, expressed his country's willingness to welcome Singapore firms that are keen on developing hotels, high-end condos and serviced apartments in the country. (read on…) – BUSINESS Related items SINGAPORE FIRMS INVITED TO EXPLORE BUSINESS OPPORTUNITIES...

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Trade Forex with IFX Singapore on Their Professional Trading Platform

May 7, 2012 | FINANCE

SINGAPORE, May 7, 2012 /PRNewswire/ –Through the downloadable and online trading platforms available through IFX Singapore, forex traders can trade on live price movements more easily, from wherever they … ( read on here … ) – FINANCE Related items Trade Forex Using Professional Trading Platforms from IFX Singapore FX Trading Guide: Trade Forex...

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Singapore c.bank says committed to price stability

May 7, 2012 | BUSINESS

SINGAPORE, May 7 (Reuters) – Singapore's central bank iscommitted to price stability in the medium term and monetarypolicy should temper but not fully offset cost pressures fromthe supply side, its deputy … (read on…) – BUSINESS Related items CORRECTED-Singapore c.bank says committed to price stability Wealth-X Profiles Global Single Family Offices UPDATE 1-Singapore c.bank...

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Singapore stock index down 2 pct on US data, Europe

May 7, 2012 | FINANCE

SINGAPORE, May 7 (Reuters) – Singapore's benchmark StraitsTimes Index fell 2 percent by midday on Monday to itslowest in about two months on concerns about the euro zone afterthe French and Greek elections … ( read on here … ) – FINANCE Related items Singapore Market May Give Up Support At 2,900 Points More...

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More Consolidation Called For Singapore Stock Market

May 7, 2012 | FINANCE

The Singapore stock market has closed lower now in consecutive trading days, falling more than 15 points or 0.5 percent in that span. The Straits Times Index finished just above the 2,990-point plateau, and now analysts are forecasting continued selling pressure at the opening of trade on Monday. ( read on here … )...

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Talent Management Expert from SumTotal to Present Trends in Mobile Learning and Workforce Analytics at HR SUMMIT 2012 …

May 7, 2012 | BUSINESS

HYDERABAD, India–(BUSINESS WIRE)–Talent Management Expert from SumTotal to Present Trends in Mobile Learning and Workforce Analytics at HR SUMMIT 2012, Singapore (read on…) – BUSINESS Related items :: 17, May 2012 :: CRADL∑: NEW RESEARCH & LEARNING HUB TO NURTURE AND EQUIP STUDENTS FOR A FUTURE IN SCIENCE … A new fertile ground Need...

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Philippines seen to draw investors with open wallets

May 7, 2012 | BUSINESS

Manila (Philippine Daily Inquirer/ANN) – The Philippine growth story has attracted the attention of the global community and soon fresh investments in key sectors like power, infrastructure, tourism and business process outsourcing may go the country's way, according to Dutch financial giant ING Bank. (read on…) – BUSINESS Related items Filipino business leaders 4th...

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North Korea’s No. 2 Official to Visit Indonesia And Singapore

May 7, 2012 | NEWS

North Korea’s second-highest ranking official will travel to Indonesia and Singapore in what may be an effort by the totalitarian regime to seek support and guidance in improving its impoverished economy. (read on…) – NEWS Related items North Korea looking to Singapore and Indonesia for business know-how and investment STOCKS NEWS SINGAPORE-Shares fall more,...

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STOCKS NEWS SINGAPORE-Citigroup upgrades OCBC to buy

May 7, 2012 | NEWS

Citigroup raised its rating on Oversea-Chinese BankingCorporation Ltd to buy from neutral and increased itsprice target to S$10.03 from S$9.40. The broker upgraded its recommendation ahead of what itexpects … (read on…) – NEWS Related items STOCKS NEWS SINGAPORE-OCBC cuts Swiber target price STOCKS NEWS SINGAPORE-OCBC starts COSCO at hold STOCKS NEWS SINGAPORE-OCBC downgrades...

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STOCKS NEWS SINGAPORE-Maybank ups City Developments to hold

May 7, 2012 | NEWS

Maybank Kim Eng upgraded property developer CityDevelopments Ltd to hold from sell and raised itsprice target to S$9.45 from S$9.30, ci ting stable hoteloperations and less expensive valuations. Shares … (read on…) – NEWS Related items STOCKS NEWS SINGAPORE-Maybank Kim Eng upgrades OCBC to hold STOCKS NEWS ASEAN-Kim Eng sees Singapore Air load factor...

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STOCKS NEWS SINGAPORE-Index futures fall 1.4 pct

May 7, 2012 | NEWS

Singapore index futures fell 1.4 percent early onMonday, indicating a weaker start for the benchmark StraitsTimes Index. Risk assets fell broadly on Monday after elections in Greeceand France fueled questions … (read on…) – NEWS Related items STOCKS NEWS SINGAPORE-Index futures fall 0.5 pct STOCKS NEWS SINGAPORE-Index futures rise 0.5 pct STOCKS NEWS ASEAN-Singapore...

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Singapore Stocks-Set to fall; Sembcorp Industries eyed

May 7, 2012 | TECHNOLOGY

SINGAPORE, May 7 (Reuters) – Singapore shares are set tofall on Monday after French and Greek elections raised worriesabout further austerity measures in the euro zone and U.S. jobsdata came in worse than … ( read here … ) – TECHNLOGY Related items Singapore Stocks-May fall on Greece woes; Juken, SIA in focus Singapore...

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Peru leader set for key Asia trip

May 7, 2012 | BUSINESS

Peruvian President Ollanta Humala will set off this week on his first official trip to Asia, seeking to sell his country as an ideal hub for trade between Latin America and the Asia-Pacific. (read on…) – BUSINESS Related items Kulicke & Soffa to Further Strengthen its Presence in Asia with the Expansion of its...

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Snapshot of start-up culture in China

May 7, 2012 | BUSINESS

China is often seen as a cheap manufacturing base but, while new business ideas are thin on the ground, angel investors are beginning to find a role (read on…) – BUSINESS Related items Facebook's Saverin looks East CS Deals Chief Boon Sim Heads to Temasek Landmarks unit signs MOU with Decennia Singapore More Business...

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Thai group enters Singapore's retail scene

May 7, 2012 | BUSINESS

Thailand's Central Group has made its maiden foray into Singapore's already bustling retail scene, setting up two Manchester United merchandise shops. Related Stories Getting set for move from Budget Terminal Hosting a paying guest? It could be illegal Growing demand for locums in Singapore Hotel room rates hit four-year high Hotel room rates on...

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