Singapore, Ireland top havens for MNC tax dodgers
Windfalls lost to artful dodgers (1 May) Australian companies sent almost $60 billion to related parties in tax havens in 2012, with payments to Singapore and Ireland featuring high on the list, according to new data. The data, never before released by the Australian Tax Office, provides an insight into how multinational...
GIC invests $76 mln in Filipino canned fish producer
(2 May) Singapore's sovereign wealth fund, GIC Private Ltd, has agreed to extend a 3.4 billion peso ($76.3 million) loan convertible into equity to the parent of Century Pacific Food Inc, ahead of the latter's Philippine listing. Century Pacific told the Philippine Stock Exchange on Friday its parent, canned fish producer...
Marina developers racing to solve berthing pains for Asia’s rich
Luxury boats and yachts on display during the Singapore Yacht show at ONE°15 Marina Club, Sentosa Cove. Roslan Rahman | AFP | Getty Images (28 April) Marina developers in Southeast Asia are racing to build berths to address the latest problem vexing Asia's rapidly growing ranks of ultra-rich: insufficient parking lots for...
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