GIC faces US$575 Million Losses On Manhattan Apartment Complex
By Lingling Wei from Wall Street Journal One of the biggest, most high-profile deals of the commercial real-estate boom is in danger of imminent default, say people familiar with the matter, signaling the beginning of what is expected to be a wave of commercial-property failures. The sprawling Manhattan apartment complex known...
Miss Singapore World Pilar Arlando: Merlions are extinct in 1965
From our Correspondent Just when the saga over the former Miss Singapore World Ris Low appears to be over, the new Miss Singapore World Pilar Arlando now comes under heavy fire from netizens for having "zero IQ"! Chinese tabloid Shin Min Daily carried a report on its front page yesterday with the headlines - "Second Runner-up's...
PM Lee: Intake of foreigners will “slow down”
From our Correspondent For the second time in a month, Prime Minister Lee Hsien Loong has reassured Singaporeans that the intake of foreigners will slow down. In his 45-minute speech at a labour movement conference, PM Lee said that Singapore can expect lower growth as the country slows its intake of foreigners, as there is...
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