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'KOP in due diligence on Prudential Tower'
SINGAPORE - A consortium that includes private equity group KOP is believed to be doing exclusive due diligence on a potential purchase of Keppel Reit's majority stake in Prudential Tower.Sources say...
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Elvis Presley's honeymoon home on sale for $12m
A Palm Springs bungalow where Elvis and Priscilla Presley had spent their honeymoon in has been put up for sale at a cool US$9.5 million (S$11.9 million).According to Realtor, the 5,000 square feet...
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Clermont Residence world class on price
Guocoland's Clermont Residence in Tanjong Pagar has been ranked in the world's top 10 plushest high-rise apartment blocks by a website that caters to the world's rich.Billionaire.com used a block's...
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Banks, IT firms mull moves offshore amid manpower shortage
The manpower shortage is forcing banks and IT firms to consider moving their middle and back-end functions offshore - a shift that could hit business parks that house these operations.The warning came...
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Perfect match
Who lives here: A young couple Home: Four-room HDB apartment in Sengkang Size: 970sqfMax and Dessy are a young couple who are well-acquainted with the art of compromising with each other. It did not...
View ArticleMalaysian govt arm to invest $1.7b to manage hospitals in Turkey
ANKARA - Government investment arm Khazanah Nasional Bhd has committed to invest US$1.4bil (S$1.7bil) to manage 20 hospitals in Turkey beginning next year."The market value of the US$1.4bil invested by...
View ArticleSuntory to set up HQ in US for alcoholic beverage sales
Suntory Holdings Ltd. will move its headquarters for its alcoholic beverage businesses to the United States after completing its acquisition of Beam Inc., a US spirits manufacturer ranked fourth in the...
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It's a buyer's market now
A year ago, she would walk into a showflat and be ignored by property agents.Luxury cars fought for space at the carpark and the agents were spoilt for choice.Not any more.Property investor Vina Ip,...
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Technology changing home valuations
The introduction of the new HDB resale rules has sparked much public discussion about pricing homes versus appraising them.Last month, HDB moved its official valuation from before the...
View ArticleAsian shares mixed in holiday-thinned trade
HONG KONG - Asian markets were mostly lower in thin Easter holiday trade Monday, with Japan's Nikkei giving up early gains despite a weaker yen as data showed the country's trade deficit quadrupled in...
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The big data crunch
A medical network that began to help small clinics band together and cut costs has grown a unique computerised database capable of tracking everything from the ailments affecting a company's workforce...
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More to a good life than a fat commission
Business and lifestyle blogger Grace Tan gave up an annual income of $114,000 in sales to pursue her passion - and ended up getting a life in the process.Ms Tan, 27, recalls how she became increasingly...
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How to win at a winning game
It is a fact. A lot of novice investors in equities ended up losing money.Consider the track record of Mr Peter Lynch who managed Fidelity's Magellan Fund from 1977 to 1990. He beat the S&P 500...
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'The salted fish that came back to life'
There is a piquant Cantonese euphemism to describe those who miraculously bounce back from a major catastrophe or big failure.Ham yu fan sang. Literally translated, it means "a salted fish coming back...
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NTUC aims to foster respect for low-wage workers
Two million dollars has been put aside for the next two years to address one worrying trend: the lack of respect for workers who do not earn much.This lack of appreciation has led the National Trades...
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Getting the hang of reading annual reports
Like thousands of other investors, I have found my mail-box cluttered and overflowing with annual reports in the past few days.Most of these reports are mailed in the form of CDs but there are a...
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Moving on from colourful past
His tanned skin and lean body attests to the physically demanding job that Mr Poon Yew Kong has.As a home mover, the white T-shirt he wears is often plastered to his back as he hunkers down under the...
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Finding the best strategy in share investing
Higher returns come with higher riskThe stock market is often touted as an accessible way for beginners to grow their money, but there are plenty of traps for the unwary.First the good news: You can...
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Worksite mishaps linked to fatigue?
Construction industry players are blaming a sharp rise in worksite deaths on the shortage of workers coupled with pressure to complete projects on time.With workers being made to put in longer hours,...
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