Singapore amongst the most expensive countries for international education

7 Dec 2016 - Singapore Business Review
Sixth grade tuition fees cost about $38,500 per annum. It seems like expat families living in Singapore would have to bear rising education costs for their children, as ExpatFinder International School Fee Survey 2016 revealed. The survey revealed that on average, sixth grade tuition fees cost about ...

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Here's why Ascendas REIT's science park acquisition should bring cheer to investors

7 Dec 2016 - Singapore Business Review
Initial yield of 6% only appears low at first glance. Ascendas REIT continues to deepen its exposure to the business and science parks space as it acquired three properties in Science Park Drive at a price of $420m. Specifically, it is eyeing to acquire what is collectively known as DSO National Laboratories ...
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Swiber directors out on bail as CAD probes alleged breach of disclosure law

6 Dec 2016 - Business Times Breaking News
A NUMBER of current and former directors of Swiber Holdings are released on bail after having been taken for questioning by the Commercial Affairs Department (CAD), Singapore's white collar-crime investigations unit. The directors are Swiber executive chairman Raymond Kim Goh; executive director Jean ...
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Olam: Prices US$175 Million US Debt Private Placement.

6 Dec 2016 - ShareInvestor Express
Olam International Limited's wholly-owned subsidiary Olam Americas Inc. has successfully priced US$175 million of 5-year fixed rate notes in a private placement. The Notes were initially offered for US$100 million, but was oversubscribed by US$75 million on the back of strong demand. The Notes were placed ...
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XMH: Remains Profitable In Tough Market Environment.

6 Dec 2016 - ShareInvestor Express
Revenue decreased by 10.2% year-on-year to S$44.5 million for 1HFY2017 due to weak market conditions. Group reported a net profit attributable to shareholders of S$292,000 for 1HFY2017. Group continues its prudent approach to managing business risks and focuses on stability to prepare for future prospects...
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Spackman: MASTER Presold To More Than 30 Countries.

6 Dec 2016 - ShareInvestor Express
MASTER, a Korean crime-action film, has been sold to 31 countries including the US, Hong Kong, Taiwan and Singapore. The film stars three of Korea's top actors, Lee Byung-hun, Gang Dong-won and Kim Woo-bin and will be released in Korea on 21st December 2016...
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DBS profits could grow by up to 7% through 2018

6 Dec 2016 - Singapore Business Review
Thanks to better than expected cost management. In the face of worsening asset quality amid the turning credit cycle, Maybank KimEng thinks DBS can retain or even grow profitability from better cost containment. According to the research house, Singapore banks are struggling with sluggish loan demand ...
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Developers' cost of capital could be in vain

6 Dec 2016 - Singapore Business Review
Trade income-dependent developers seen to struggle the most next year. All developers will not meet their cost of capital in the year ahead and the market is rightly bearish in pricing them below book, said MayBank KimEng. According to the research house, operating environment remains challenging as ...

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Singapore rail fares amongst world's cheapest

6 Dec 2016 - Singapore Business Review
It's at the bottom four. According to a new blog post by Public Transport Council (PTC) chairman Richard Magnus, Singapore's rail fares are among the lowest in 35 major cities across Asia, Australia, North America and Europe. Based on the study commissioned by PTC, Singapore's lowest rail fare at $0.77 ...

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Oxley buys 40% stake in Australian property firm

6 Dec 2016 - Singapore Business Review
The deal is worth $34m. Oxley Holdings, a home-grown property developer with business presence in nine geographical markets, announced that it intends to acquire a 40% stake in Pindan Group Pty, a property and construction company in Western Australia. Oxley will make an investment of A$32m (~S$34m) ...
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