Chee freed from bankruptcy in possible govt election strategy
(22 Nov, AP) - Prominent Singapore opposition leader Chee Soon Juan has been discharged from bankruptcy, the government said, after an unprecedented concession by two former prime ministers to whom he owed about S$500,000 (HK$3.2 million). Ex-prime ministers Lee Kuan Yew and Goh Chok Tong agreed to accept a reduced amount of...
Singapore Curbs to Slash Home Sales in 2013
Bloomberg- Nov 15, 2012 Singapore home sales may fall as much as 27 percent in 2013 after climbing to a record this year as six rounds of housing curbs by the government crimps demand, according to Jones Lang LaSalle Inc. Private home sales next year may drop to 16,000 units from 22,000 units this year, said David Neubronner,...
Singapore cuts 2012 growth outlook, sees subdued 2013
Reuters- Nov 15, 2012 Singapore cut its growth forecast for this year to around 1.5 percent and warned of a subdued 2013 on Friday as updated third-quarter data and October export numbers showed weakness in electronics manufacturing and financial services. The trade-dependent economy is expected to grow 1-3 percent next year,...
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