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Archive for the ‘Business’ Category
Investors unhurt by SG xenophobic fringe: Minister

Investors unhurt by SG xenophobic fringe: Minister

Office workers walk underground during lunchtime in Singapore's Central Business District, on Friday, Dec. 16, 2011. (30 May)   Xenophobia in Singapore, confined to a minority fringe, hasn’t had an impact on foreign investment in the Asian country, said Law Minister K. Shanmugam. “People accept that xenophobia is... 

China’s Alibaba to buy stake in SingPost for $249M

China’s Alibaba to buy stake in SingPost for $249M

(28 May)   A major move to step up its international presence, Alibaba Group announced on Wednesday that it will purchase a 10.35% stake in SingPost, Singapore’s national postal service provider, for $249 million. The deal will render Alibaba the second largest shareholder in publicly-traded SingPost, after the government-controlled... 

Corporate interests rule at HK REIT

Corporate interests rule at HK REIT

(22 May)   Link REIT's disposal of shopping malls has been a hot market topic these days, with many people asking why. It's a sensible question. While it's common to see disposals of residential and office properties, seldom do you see so many malls being put on the block. Ever since its inception, the Link REIT has been a... 



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