Singapore – Arrivals from China down 30%
(5 Sep) - China's biggest online travel agency is offering a 30 percent discount on trips to Southeast Asia's beaches and malls. The Chinese are not buying it. "Singapore, Malaysia and Thailand are traditionally the favorite tourism routes for the Chinese," said Jiang Haibin, a public affairs manager at Ctrip.com International...
China slams door shut on full HK democracy in 2017 vote
2017 HK election candidates will need backing from a Nominating Committe China's parliament said on Sunday it will tightly control the nomination of candidates for a landmark election in Hong Kong in 2017, a move likely to trigger mass protests in the city's Central business district by disappointed democracy activists. The...
GIC transforms itself into active private equity player
(3 Sep) - Singapore's GIC is taking the unusual step of investing directly in unlisted firms, a move bankers say will be mimicked by other sovereign wealth funds as low yields spur fund managers to adopt a more hands-on attitude in their search for higher returns. In the first half of this year, GIC agreed to pay up to $310...
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