And here’s the deal on expats working in Singapore.
Singapore Airlines Ltd. will take Tiger Airways Holdings Ltd. private after more than 90 percent of shareholders accepted its offer valuing the low-cost carrier at about S$1.13 billion ($802.4 billion). Tiger Air shareholders embraced a sweetened offer of 45 Singapore cents a share made last month, compared with Singapore Air’s original proposal of 41 cents a share from November. Read more here.
It's time to paint the town red, blow things up, visit grandma and eat hundreds of millions of chickens. Yes, it's the Lunar New Year, and cities from Shanghai to Singapore to Vancouver are preparing to usher in the Year of the Monkey. In China, the biggest annual human migration in the world is under way with 332 million people packed onto trains — some for days — to return home for the traditional reunion dinner, boosting sales of snacks and adult diapers. Find out more here.
Expatriates in Southeast Asia are relocating their families to Phuket and commuting to work in major cities nearby such as Singapore, Hong Kong, Kuala Lumpur and Bangkok during the week, before returning to the tropical island on weekends, reported the Phuket Gazette. According to the article, Phukets international airport has made it easier for them to do this. Read more here.
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