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TR EMERITUS

The Unspoken Hard Truths About Singapore

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Archive for the ‘Business’ Category

Falling Singapore prices ‘set to boost foreign demand’

(23 May) With real estate prices predicted to fall by up to 15% in the next two years, more foreign buyers are likely to be drawn back into the market, a new report suggests. High prices and a softer outlook are the biggest deterrents to overseas property investors in Singapore, according to the latest CIMB Cost of Living...

China blasts ‘absurd’ US charges of cyber espionage

Atty. Gen. Eric H. Holder Jr. unveils charges against five Chinese military officers accused of economic espionage and other offenses related to computer hacking. (19 May) Chinese government officials on Monday strongly rebuked the U.S. over its claims of cyber-spying by five Chinese military officers, saying the Justice...

GIC increases stake in pinoy hospital opeator

(16 May) The private equity arm of Singaporean sovereign wealth fund GIC has agreed to buy a minority stake in the hospital unit of Philippine conglomerate Metro Pacific Investments Corp (MPIC) for P3.7 billion ($85 million). MPIC, in a filing to the stock exchange on Friday, said GIC had agreed to buy 14.4 percent of its...

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