Singapore’s open door to billionaires shuts out logic
BG (ret) Lee Hsien Loong Indeed, if he [Lee Hsien Loong] could persuade another 10 billionaires to move to Singapore, he would, even if that led to higher income inequality “because they will bring business, they will bring opportunities, they will open new doors, they will create new jobs”. – Straits Times...
Singapore apartment developers eye young, rich Indonesians
Marina Bay Suites (5 July) – A younger generation of high net worth individuals have joined the trend of buying apartments worth millions of dollars in neighboring Singapore. The developers of Marina Bay Suites, a premium residential tower in Singapore, says people in that group have driven up sales of their apartments...
Lankan construction workers for Singapore
Sri Lankan construction workers Singapore will soon see its first group of construction workers from Sri Lanka and the Philippines. Those from Sri Lanka are expected to start work in September this year, and those from the Philippines a month later.The Building and Construction Authority (BCA) said that for a start, Singapore...
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