Hong Kong housing bubble causes its birthrate to decline
Business Insider- Nov. 25, 2012 Nomura's Paul Louie is out with a huge report examining the Hong Kong real estate market for 2013. It highlights another way the economy is changing in one of the world's fastest growing and dynamic city's The country's condos have always been famously expensive, but as Louie notes, Hong Kong...
GlobalFoundries laying off 300 in Singapore
Business Review- November 29, 2012 The general manager of GlobalFoundries’ plant in Singapore says the computer chip-manufacturer plans to cut 300 jobs from its headcount, Business Times reports. K.C. Ang told Business Times that job cuts will be across the board, “from operator all the way up to manager.” No time frame...
WP statement on bus drivers’ strike: SMRT must address workers’ grievances better
The Workers’ Party has been following with great concern the unfolding events surrounding the strike by SMRT bus drivers on 26-27 November 2012. As a result of the strike, some bus services were disrupted and commuters suffered inconveniences on our already-crowded public transport network. This is the first strike in Singapore...
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