Expanding Abroad: Risky, Scary, and Exciting

May 16, 2012 | BUSINESS

Even though our core team is made up of five different nationalities all across Asia, Tech in Asia is still legally a Singapore-based startup. Singapore is small and it seems like a mandate that all local … (read on…) – BUSINESS Related items Facebook's Saverin looks East CS Deals Chief Boon Sim Heads to...

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Gains from fast-track business

May 16, 2012 | BUSINESS

SINGAPORE – It all started at the age of 21 for him from a tentage beside his kampung home in Hougang. Mr Danny Teo transformed an air-conditioning business based in that simple shelter into an appliance and electronics retail chain, now known as Gain City Best Electric. (read on…) – BUSINESS Related items Singapore...

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SingTel apologises for mio TV service disruptions

May 16, 2012 | TELECOM

SINGAPORE: SingTel has apologised to its mio TV customers for the patchy coverage of Sunday night's English Premier League (EPL) matches. ( more here … ) – TELECOM Related items STOCKS NEWS SINGAPORE-SingTel's Q4 net profit seen up 6.5 pct-poll SingTel tops governance and transparency index 2012 SingTel ranks top in governance and transparency...

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How to help boost economy? Spend more

May 16, 2012 | ECONOMY

The idea that Singapore's economy can be supported by the domestic consumer seems almost absurd, given its small population and reliance on exports for growth. ( more here … ) – ECONOMY Related items Singapore Private-Home Sales Rise In April; Top 2,300 Units For 3rd Month Oil below $98 in Asia as traders eye...

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Singapore’s Retail Sales Rose More-Than-Estimated 9.1% in March

May 16, 2012 | BUSINESS

Singapore’s retail sales grew more than economists estimated in March as consumers increased spending on food, clothing and telecommunication goods. (read on…) – BUSINESS Related items S'pore retail sales surge in February Singapore retail sales rise 19% in Feb, vehicle sales increase Singapore's January retail sales up 1.7% Singapore's retail sales up 4.2% in...

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Tam-awan artists mentor Singapore kids

May 16, 2012 | BUSINESS

YOUNG aspiring artists from Singapore and the Philippines merged ideas for an opportunity to forge new ties. ( more here … ) – OPPORTUNITY Related items Facebook's Saverin looks East CS Deals Chief Boon Sim Heads to Temasek Landmarks unit signs MOU with Decennia Singapore More Business Friendly for Middle Eastern Entrepreneurs Singapore’s economy...

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Singapore retail sales bounce back with strong March performance

May 16, 2012 | BUSINESS

Retail sales in March bounced back from a surprise dip in February, surprising analysts with a stronger than expected performance as consumers snapped up more cars, watches and jewellery. Related Stories Speculation of unhappiness within WP Hougang is 'special' to Workers' Party PAP's Desmond Choo will stay the course Channel-switching to blame for mioTV...

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Perp rush causes alarm in Singapore

May 16, 2012 | BUSINESS

SINGAPORE, May 14 (IFR) – The unprecedented run ofperpetual bond sales in Singapore's local market has caught theattention of the city state's regulators. The Monetary Authority of Singapore is growing concernedabout the number of potentially risky bonds that have ended upin the hands of individual investors. Bankers said MAS officialshad voiced their concerns over...

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Singapore sees pockets of hot activity in property

May 16, 2012 | REAL ESTATE

SINGAPORE, May 14 (Reuters) – Singapore's housing ministersaid on Monday the government continues to have concerns aboutthe residential property market, in particular small-sized"shoebox" apartments, … ( the story … ) – REAL ESTATE Related items Singapore Stocks-May open down; Hi-P, COSCO in focus Govt monitoring ABSD reimbursing CapitaLand Q1 net rises 31 pct, bullish...

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Chinese property developers target Singapore buyers

May 16, 2012 | REAL ESTATE

The second property exhibition featuring commercial property investments in the Chinese city of Chengdu took place last weekend and attracted a good degree of interest from Singaporeans looking at overseas property investments. Until now, Chinese property investment exhibitions have been a rare sight in Singapore, outnumbered by events featuring destinations such as Malaysia, Australia,...

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Singapore May Introduce Measures on Shoebox Apartment Sales

May 16, 2012 | REAL ESTATE

Singapore may introduce measures to regulate the sale of smaller-sized residential units after developers sold a record number of so-called shoebox apartments in the first quarter. ( the story … ) – REAL ESTATE Related items Singapore ‘Shoebox’ Condo Sales May Prompt Extra Taxes CapitaLand Fourth-Quarter Net Income Drops 20% on Decrease in Asset...

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Singapore Private-Home Sales Rise In April; Top 2,300 Units For 3rd Month

May 16, 2012 | ECONOMY

Singapore Private-Home Sales Rise In April; Top 2,300 Units For 3rd Month ( more here … ) – ECONOMY Related items How to help boost economy? Spend more Oil below $98 in Asia as traders eye weak US, Europe economies, rising supplies S'pore, Brazil set to boost economic ties Singapore April PMI in surprise...

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Oil falls as Greece, China feed economic worry

May 16, 2012 | ECONOMY

NEW YORK (Reuters) – Oil prices fell on Monday as Greece's inability to form a coalition government and concerns about a slowing Chinese economy fed worries about the outlook for petroleum demand. Greece's turmoil triggered selling in dollar-denominated copper and gold, sending a benchmark commodities index to a 19-month low, while pressuring the euro...

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LME copper hits 4-month low on Greece fears

May 16, 2012 | ECONOMY

SINGAPORE (Reuters) – London copper hit fresh four-month lows on Tuesday as investors steered clear of riskier assets, put off by a slowing Chinese economy and Greece's increasingly complicated political woes. Copper hit $8,765 in February, its highest level so far this year and a more than 15 percent increase from 2011, after Greece...

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STOCKS NEWS SINGAPORE-Shares reverse earlier losses

May 16, 2012 | NEWS

Singapore shares inched higher by midday, reversing earlierlosses on bargain hunting in oversold stocks such as NeptuneOrient Lines (NOL), but gains were capped by worriesover the political turmoil in … (read on…) – NEWS Related items STOCKS NEWS SINGAPORE-Shares fall more, down 4 pct this week STOCKS NEWS SINGAPORE-Shares down at midday, Genting drags...

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Brent drops below $112 as Greece clouds demand outlook

May 14, 2012 | ECONOMY

SINGAPORE (Reuters) – Brent crude slipped below $112 on Monday on a worsening oil demand outlook after talks to form a new government in Greece failed, and as signs of a slowing Chinese economy outweighed the country's latest move to ease monetary conditions. Investor caution was heightened as Greece's radical leftist leader spurned an...

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STOCKS NEWS SINGAPORE-Shares march higher at midday

May 14, 2012 | ECONOMY

Singapore shares marched higher at midday, buoyed by newsChina took steps to spur growth, but gains were limited by thefailure of weekend talks to form a new Greek government. The benchmark Straits Times … ( more here … ) – ECONOMY Related items STOCKS NEWS SINGAPORE-CIMB downgrades container shipping sector STOCKS NEWS SINGAPORE-OCBC upgrades...

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STOCKS NEWS SINGAPORE-CIMB downgrades container shipping sector

May 14, 2012 | ECONOMY

CIMB Research downgraded the regional container shippingsector to neutral from trading buy after a transPacific ratehike expected on May 1 did not happen and spot rates began tofall. CIMB lowered its rating … ( more here … ) – ECONOMY Related items STOCKS NEWS SINGAPORE-CIMB says Singapore REITs attractive STOCKS NEWS SINGAPORE-Shares march higher...

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