
GIC tries to use paper companies to evade taxes and bypass Korean laws
(12 Nov) - A court delivered its final ruling Monday that the acquisition tax imposed on a Singaporean firm for its purchase of a Seoul office building was justifiable. Singapore’s GIC Real Estate purchased the 45-story Star Tower building in Gangnam, southern Seoul, from U.S. private equity firm Lone Star in December 2004...

Strait-laced Singapore hit by teacher scandals
The Daily Star- November 15, 2012 SINGAPORE: Their affair started with her giving him a copy of the mushy memoir "Eat, Pray, Love." It ended with the 32-year-old female teacher in Singapore getting a jail sentence for illicit sex with her 15-year-old male student. The case, which shocked Singapore, was the latest in a string...

Malaysia-Singapore JV to build RM7.5b integrated development in Singapore
The Malaysian Insider- November 15, 2012 A joint venture company between the Malaysian and Singaporean government will build an integrated development in the city state with a gross development value of S$3 billion (RM7.5 billion) on a plot that was part of the 2010 KTM land-swap deal. The project - called DUO - is to be build...
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