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S'pore will grow between 1.5% and 2.5% this year: MAS

Singapore is likely to see lacklustre economic growth and elevated inflation for the second consecutive year in 2013, said the Monetary Authority of Singapore (MAS).

Gross domestic product (GDP) growth "is likely to be positive though below-trend next year", the central bank said in its half-yearly macroeconomic review, adding that weakness in Europe and the slowdown in China will weigh on external-oriented sectors such as manufacturing.

Singapore Airlines in $7.5 billion Airbus deal

Singapore Airlines (SIAL.SI) will order five Airbus A380 aircraft and 20 more A350 planes in a deal valued at $7.5 billion, looking beyond a business slowdown that has led the carrier to stop hiring cadet pilots for now.

"This major order will provide us with additional growth opportunities and is consistent with our longstanding policy of maintaining a young and modern fleet," SIA's chief executive, Goh Choon Phong, said in a statement on Wednesday.

Singapour - Discours du Premier ministre, M. Jean-Marc Ayrault, à la Lee Kwan Yew School of Public Policy de Singapour - Singapour, le 18 octobre 2012

Singapour - Discours du Premier ministre, M. Jean-Marc Ayrault, devant la communauté française

    Mesdames et Messieurs les Parlementaires, Monsieur l'Ambassadeur de France, Monsieur l'Ambassadeur de Singapour en France,

Mesdames les Déléguées des représentants des Français de l'étranger, que je suis heureux de saluer particulièrement,

French PM reaffirms EU's efforts to fix eurozone crisis

French Prime Minister Jean-Marc Ayrault said the European Union is determined to provide lasting solutions for problems in the eurozone.

Speaking at a dialogue at the Lee Kuan Yew School of Public Policy, he added that the EU also aims to make "market misgivings a thing of the past".

Mr Ayrault said EU governments have adopted a plan at the end of June for 120 billion euros to be used for capital investments in Europe.

Singapore, France sign strategic partnership agreement

Singapore and France have taken bilateral cooperation up a notch, with the signing of a strategic partnership agreement.

It expands existing collaborations between both countries, in areas like education and cultural exchange.

This comes with French Prime Minister Jean-Marc Ayrault's two-day visit to Singapore.

In 2011, France was Singapore's second largest trading partner in the European Union.

After a first successful session in 2012, Sorbonne Assas International Law School is pleased to inform you that enrolment for the second edition (2013) of the LL.M Business international Law is open

The LL.M. in International Business Law Singapore is a diploma delivered by Sorbonne University International Law School. The goal of this school is to promote jurists, not least by enabling more of them to become members of the boards of administration of companies, as is the case in countries such as Europe or USA.


Laduree patisserie to open in Singapore next year

Parisian luxury patisserie chain Laduree, famous for its dainty macarons and elegant confections, will open in Singapore next year.


It will be located in town, "not far" from its sister company Paul bakery at Takashimaya Shopping Centre.


Both Laduree and French boulangerie Paul bakery are owned by the Holder Group which is managed by the three children of 72-year-old owner Francis Holder.


Pickering Pacific: NORMA Group makes its first acquisition in Asia by acquiring a 85% stake in Chien Jin Plastic

Transaction highlights

Pickering Pacific is delighted to announce that it acted as financial advisor to NORMA Group, a global market and technology leader for engineered joining technology based in Germany, which has signed an agreement to acquire an 85% stake in Chien Jin Plastic on 15 October 2012.


Chien Jin Plastic is based in Ipoh, Malaysia, and principally manufactures thermoplastic joining elements, in particular for drinking and domestic water distribution and irrigation systems.

The Air France-KLM Group, Etihad Airways and airberlin announce new partnerships

The Air France-KLM Group, Etihad Airways, and airberlin announce that they are going to implement a commercial partnership. As of October 28, 2012, Air France, KLM, Etihad Airways and airberlin will offer their customers more destinations thanks to mutual code-share agreements.

On the routes between Europe and Abu Dhabi, Etihad Airways customers will be able to fly on the Amsterdam-Abu Dhabi daily flight operated by KLM.