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“Singaporean Good Life” Doesn’t Come Cheap
Gated Gardens: Singapore has basically two kinds of real estate—luxury, or state-run By Sonia Kolesnikov-Jessop | NEWSWEEK Nov 12, 2007 Issue Located just 10 minutes from Singapore’s bustling docks,...
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U.S. Tells Singapore To Cut Bank Ties With Burma
Reuters, 6 Nov 2007 BANGKOK, Nov 5 – The United States told Singapore and its banks on Monday to sever financial links with Myanmar’s junta, widely believed to use the city-state as its main off-shore...
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Singapore Feels Heat Of Anti-Burma Drive
by John Burton in Singapore and Amy Kazmin in Bangkok, Financial Times, 11 Nov 2007 With Burma’s state-controlled banking system crippled by stifling regulations, Burmese business people – and others...
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Singapore’s Economic Boom Widens Income Gap
by Melanie Lee, 9 Nov 2007 SINGAPORE (Reuters) – Carol John, 27, doesn’t own a bed. Every night she sleeps on thin mattresses which she shares with her three young children. Outside her one-room flat,...
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Joseph Stiglitz Says GDP May Be Poor Indicator Of Economy
Normally, the economic well being of a nation is measured by its Gross Domestic Product (GDP). GDP assumes that if there were more goods in circulation, general welfare would automatically follow. At a...
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The Truth About Sovereign Wealth Funds; UBS Sub-Prime Losses Mount, Bank Deep...
The Truth About Sovereign Wealth Funds by Anders Aslund, Foreign Policy, Dec 2007 Worried about oil-rich foreigners taking over your economy? You shouldn’t be. In reality, it is citizens of...
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U.S. Treasury Slaps Sanctions On Asia World Co Ltd & 10 Singapore-Based...
By David Lawder WASHINGTON (Reuters) – The Bush administration, tightening pressure on Myanmar over human rights abuses, on Monday announced more economic sanctions against businesses and individuals...
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How Sovereign Wealth Funds Were Left Nursing Multibillion-Dollar Losses
by Richard Wray, The Guardian, 22 Mar 2008 · Investments in banking stock rapidly go sour · Singapore group pours £9bn into leaking coffers The financial crisis enveloping the world banking sector has...
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Longer Queues For Free Food In Wealthy Singapore
AFP, 14 Apr 2008 SINGAPORE (AFP) – Rising food prices are driving more people in Singapore, the wealthiest economy in Southeast Asia, to join the queue for free meals, charities said Monday. Thirty...
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Affluent Singapore Feels Pinch Of Inflation At 26-year Highs
by Martin Abbugao, AFP, 27 Apr 2008 SINGAPORE (AFP) – From taking fewer taxi rides to eating out less and shortening shower time, residents of affluent Singapore are trying to cope with inflation,...
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