Singapore

2022 - 3 - 13

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Image courtesy of "Forbes"

Australian Billionaires Invest $152 Million In Undersea Solar Power ... (Forbes)

Australian billionaires Mike Cannon-Brookes and Andrew Forrest have invested A$210 million ($152 million) to bankroll the construction of an undersea cable ...

Cannon-Brookes—whose fortune comes mainly from his stake in Atlassian, a collaboration software company he cofounded—has been doubling down investments in renewable energy and other sustainable projects. “We can power the world with clean energy and Sun Cable is harnessing that at scale,” Cannon-Brookes, principal of Grok ventures, said. “This capital raise is a critical step in developing the Australia-Asia PowerLink.”

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Image courtesy of "Bloomberg"

Singapore Home Sales Plunge to Lowest Since May 2020 on Curbs (Bloomberg)

Singapore home sales slumped to the lowest in 21 months as the residential market slows on cooling measures and higher property taxes. Purchases of new private apartments fell to 527 units in February, Urban Redevelopment Authority figures showed ...

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Image courtesy of "Bloomberg"

Singapore Still Wants Smart, Rich Expats (Bloomberg)

Singapore appears to be shutting its doors to foreign talent just as the exodus of expatriates from Hong Kong gathers pace. The government recently tightened ...

Another important assessment is whether an applicant’s nationality contributes to company diversity. Singapore appears to be shutting its doors to foreign talent just as the exodus of expatriates from Hong Kong gathers pace. Will the city-state miss its golden opportunity to scoop up Hong Kong’s disgruntled elites?

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