Business

Parliament: NCMP Leong Mun Wai Calls for Cap on Foreigners to Citizen Ratio in Business, Political News and Featured Stories

[ad_1] SINGAPORE – Non-constituent MP Leong Mun Wai has called for immediate steps to be taken to restore the balance of interests between Singaporeans and foreigners, in light of concerns raised by locals about discrimination. He also urged the government on Tuesday (September 1) to cut short-term job pass approvals …

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Singapore-based Zouk Group sold for $ 14 million as cruise operator Genting Hong Kong searches for liquidity, company and market news and highlight stories

[ad_1] SINGAPORE – Ailing cruise operator Genting Hong Kong sold the Zouk Group, which operates the popular nightclub, for $ 14 million as part of efforts to shed non-core assets and generate liquidity for the cash-strapped company. Malaysian firm Tulipa is buying the Singapore-based group, according to a presentation on …

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