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Archive for the ‘Business’ Category

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...

Singapore summons Vietnam envoy

(14 May) Singapore's Foreign Ministry on Wednesday summoned the Vietnamese envoy to express strong concern over violent protests the previous day at two industrial parks in Vietnam operated by Singapore. "Singapore views this issue very seriously given our close economic cooperation with Vietnam," the ministry said in a...

The 10 worst city tourism videos (SG is 2nd)

(7 May) Bad acting, sexual innuendo and a parrot riding a tricycle – from Astana to Cincinnati to Singapore, come and marvel at the funniest and most baffling promotional tourism videos for cities. www.youtube.com/watch?feature=player_embedded&v=OneiouCecbk 2 Singapore Hastily pulled by embarrassed authorities after...

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