HOSPITALITY chain Millennium & Copthorne Hotels (M&C) may be listed in London but its sights are firmly fixed on expansion plans in China, India and the Middle East. Executives at M&C, Singapore property giant City Developments’ hotel arm, are convinced demand for hotel rooms in these markets will boom. Mr Lim Boon Kwee, senior vice-president […]
August 10, 2011
MOVING into a serviced apartment was an obvious choice for Mr Bruce Goldstein, founder of a high-end interior design firm, when he relocated his family from Miami to Singapore a couple of months ago. Home for him now is a four-room apartment suite at The Club, Capella hotel’s serviced residences arm, and the 64-year-old said […]
August 10, 2011
THE old adage that prevention is better than cure might have fallen on deaf ears for some, but the doctors behind Novena Heart Centre have heeded the call and taken heart disease prevention to a newer – and younger – level. The four-year-old firm is breaking new ground in preventive care through new genetic research […]
August 10, 2011
SINGAPOREANS got a sneak peek at the 12th Parliament yesterday, as Members of Parliament elected at the recent May 7 General Election made their National Day Parade debut. The People’s Action Party MPs came in party whites, while those from the Workers’ Party were in light blue. They joined the 27,000-strong crowd on the stands, […]
August 10, 2011
MR TAN Keng Ann is right about the plight of minority dissenters in an en bloc sale process (“En bloc”; last Wednesday). When each owner holds the legal right to sell his share of the development individually, where is justice when the 75 per cent majority try to maximise their profits from the sale at […]
August 10, 2011
LAST month, as local players were trumpeting the achievement of the Philippines in displacing India as the call centre of the world, the United Nations Conference on Trade and Development (Unctad) issued a warning. Developing countries, it said, should guard against too much dependence on non-equity modes (NEMs) of foreign direct investment. NEMs involve contractual […]
August 10, 2011
(SINGAPORE) The Republic’s economic growth could slow to 2.5 per cent this quarter – and dampen the economy’s performance for the full year, leading indicators of the latest BT-UniSIM Business Climate Survey show. All business indicators tracked by the survey – sales, orders and profit performance – worsened in the second quarter of the year, […]
August 10, 2011
(SINGAPORE) Companies here see weaker revenue growth this year, with finance and business services firms expecting revenues to shrink from last year, the latest BT-UniSIM Business Climate Survey shows. About half the 155 firms responding to an extra question on the survey expect higher sales, while two-fifths saw lower sales in 2011. The net balance […]
August 10, 2011
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