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Crazy Rich Asians sparks local tour craze

It is unusual to see anyone other than students, teachers and parents in the vicinity of the Anglo-Chinese School in Barker Road. So passers-by would have been somewhat surprised to see a minibus with 16 passengers - from countries including Britain, Norway and Australia - slowing down so the foreigners could take a look at its red brick facade earlier this month, as a guide spoke of the tough competition that parents face to get...


DBS ramps up project finance deals on Asia infrastructure

DBS Bank is beefing up its project finance team to get a share of Asia's huge infrastructure development needs. From Beijing to Sydney, DBS project finance (PF) bankers can be found as Southeast Asia's largest bank hopes to play a key role in helping develop the region's infrastructure. Developing Asia will need to invest US$26 trillion from 2016 to 2030, or US$1.7 trillion per year, if the region is to maintain its growth momentum, eradicate...


CapitaLand invests US$25.9m in Indonesian hotel operator

CAPITALAND has invested US$25.9 million for a 70 per cent share in Indonesian company Green Oak Hotel Management (GOHM), the real estate developer announced on Monday. The investment in GOHM, which is the holding company of Tauzia, one of Indonesia's top five hotel operators, is part of CapitaLand's strategy to grow its hospitality business through The Ascott, its wholly-owned serviced residence business unit. With the addition of Tauzia,...


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