Temasek’s unit to pay 20% premium for debt-laden Irish telcoms group
From our CorrespondentST Telemedia, the Singapore state-owned telecoms group, is poised to make its first acquisition outside Asia after agreeing a deal to buy Eircom, the debt-laden Irish telecoms group.Eircom Holdings, the Irish company's Australia-based parent, recommended STT's offer to shareholders in June , which gives...
Unemployment rates higher for all education groups
From our Correspondent According to latest data released by the Ministry of Manpower, unemployment rates have increased for all education-groups though the resident unemployment rate eased slightly in June 2009 from three months ago, The employment data comprise all persons in employment i.e. employees and the self-employed. A...
Minister Mah emphasized again: HDB flats are “affordable”
From our Correspondent For the third time in as many weeks, National Development Minister Mr Mah Bow Tan had issued another blanket reassurance that HDB flats remained "affordable", this time round in reply to questions from his own party MPs in Parliament. Jessica Tan, MP for East Coast GRC asked if HDB is helping to ensure...
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