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Singapore train breakdowns douse Christmas cheer

Singapore train breakdowns douse Christmas cheer

Singapore which prides itself on efficiency, was hit by its third train breakdown in a week on Saturday, frustrating the public on one of the biggest shopping days of the year and adding to calls for a review of its public transport system... "For a world-class transport system, three disruptions in a week is not acceptable,"... 

Morgan Stanley to Shift Some Singapore Back-Office Jobs to India

Morgan Stanley to Shift Some Singapore Back-Office Jobs to India

SINGAPORE – U.S. investment bank Morgan Stanley is cutting 80 back-office positions in Singapore as part of measures to streamline its operations and is offering relocations mainly to India and Hungary, people familiar with the situation said Thursday... the transition is underway and will be completed by the middle of 2012. "Singapore... 

GIC to Hold Citi, UBS Stakes for Many Years, Tan Says (revisited)

GIC to Hold Citi, UBS Stakes for Many Years, Tan Says (revisited)

Bloomberg, 31 January 2011 Government of Singapore Investment Corp., the biggest investor in Citigroup Inc. and UBS AG, plans to hold on to its stakes in the banks for “many years” and will only consider selling if there are attractive offers. “We look to continue to hold on to our stakes in UBS and Citigroup for many... 



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