GIC tries to use paper companies to evade taxes and bypass Korean laws
(12 Nov) - A court delivered its final ruling Monday that the acquisition tax imposed on a Singaporean firm for its purchase of a Seoul office building was justifiable. Singapore’s GIC Real Estate purchased the 45-story Star Tower building in Gangnam, southern Seoul, from U.S. private equity firm Lone Star in December 2004...
Malaysian Minister Rais Yatim: Govt monitoring Singapore’s handling of ‘porn blog’ scandal
Datuk Seri Rais Yatim (PHOTO- Internet) The Star- October 18, 2012 PETALING JAYA: Malaysia will leave it to Singapore to handle the "erotic porn blog" situation for now, said Datuk Seri Dr Rais Yatim. The Information, Communications and Culture Minister said, however, that the ministry was actively monitoring the situation. He...
Flight Centre ‘boycotted Singapore Airlines’
The West Australian- October 9, 2012 Flight Centre staff were told to stop selling Singapore Airlines flights after the carrier refused a request to engage in price fixing, a court has heard. The travel agency is facing allegations of attempted price fixing, in a prosecution by Australia's competition watchdog in the Federal...
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