US $500M littoral warship deployed to SG often breaks down
US Navy's littoral combat ship USS Freedom (24 Jul) - The first real-world deployment of the Navy littoral combat ship Freedom was supposed to boost the controversial vessel’s credibility. But, despite some successes with Asian navies, the ship’s tour to Singapore has raised even more questions about its future. The...
Singapore casino resorts struggling to grow
MBS (25 Jul) - Marina Bay Sands’ (MBS) recently released second quarter results showed total gross gaming revenue at US$774mil, up 12% year on year, but CIMB Research remained unimpressed with the casino resort sector in Singapore, saying MBS’ growth was due to the previous year’s low base. “The underlying trend of the...
Singapore Puts Online on a Leash
Will protests by Western companies hurt its rep as a key international business hub? (24 Jul) - It takes a lot for Singapore’s docile citizens to hit the streets in an anti-government demonstration, especially over something like Internet regulation. Yet that’s what happened last month following the hurried introduction...
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