While the government and public are jittery about Chinese state-owned investors buying mines and farms in Australia, Singapore Inc is snapping up shares in strategic industries, from aviation to telecommunications. It is Australia’s fourth-largest
single largest shareholder. Singapore Airlines paid about $122 million, or $0.48 per share, for 255 million shares in an off-market agreement on 23 April, according to an announcement to the securities exchange. Virgin Australia
The Singapore government will make a contribution of S$50,000 through the Singapore Red Cross to support China’s disaster relief efforts following yesterday’s earthquake in Sichuan. Prime Minister Lee Hsien Loong has also written to
Air quality still in healthy range; hazy condition to continue over weekend The hazy skies and burning smell in the air across many parts of Singapore yesterday were caused by fires in Indonesia, the
Singapore said “no” when Qantas asked if it could set up a premium airline here, Simon Hickey, head of the Australian carrier’s international operations, has revealed. If the authorities here change their minds, the
PHARMACEUTICAL firm GlaxoSmithKline (GSK) and A*Star’s Institute of Chemical and Engineering Sciences (ICES) have inked a five-year agreement to develop medicines for emerging countries, which are expected to account for a sizeable proportion of
Set up in 2010, the Singapore Mercantile Exchange (SMX), a pan-Asian commodity and currency derivatives exchange, is now hunting for more agricultural commodities from black pepper in Vietnam to rubber in Thailand, to become
Jakarta Governor Joko “Jokowi” Widodo has consulted with the authorities in Singapore regarding the upcoming construction of mass rapid transit (MRT) in the Indonesian capital. The governor, along with the assistant to the city
Singapore Prime Minister Lee Hsien Loong warned yesterday that Singapore could not afford to be complacent on terrorism as the country remained a potential terror target. Terrorism, he added, continued to pose a “real
British Airways (BA) is sticking to Singapore as its hub between London and Australia – despite the decision by its long-time partner Qantas to dump Changi Airport for Dubai. BA’s new Southeast Asia head