THERE were some errors in our report, River Valley condo Luma relaunches with prices halved (BT, Nov 14).
The condominium is located at River Valley Grove and not St Thomas Walk. The number of units sold earlier was not 10, but six.
BT also understands that the developer, Novelty Group, purchased the site for around $27 [...]
Asian stocks slide on renewed credit crisis, inflation worries
Posted: 03 June 2008 1901 hrs
HONG KONG : Asian stocks slid Tuesday due to fears that high inflation threatened economic growth and following a Wall Street tumble triggered by renewed concerns about the global financial crisis.
Japanese shares ended 1.6 percent lower as concerns about the health of [...]
Singapore’s sovereign credit rating remains stable
By Pamela Almeda, Channel NewsAsia | Posted: 30 May 2008 2325 hrs
SINGAPORE: International ratings agency, Moody’s, said it has no immediate plans to review its sovereign credit rating for Singapore as the country has strong credit fundamentals, including robust external assets.
Singapore has the highest triple-A sovereign rating from Moody’s, [...]
Global investors see opportunities in nanotechnology in S’pore
By Timothy Ouyang, Channel NewsAsia | Posted: 28 May 2008 0025 hrs
SINGAPORE: Global investors said they are seeing a lot of investment opportunities in nanotechnology opening up here in Singapore.
The comment comes a day before the first ever NanoEquity Asia conference kicks off in Singapore. The conference [...]
New virtual world makes S’pore Asian hub
By Hedirman Supian, TODAY | Posted: 09 May 2008 1204 hrs
SINGAPORE: German-based tech startup Metaversum is planning to make Singapore the Asian hub for its new 3D virtual world Twinity, and it is counting on the local market to reach out to other countries in the region.
Currently in [...]
Management of foreign reserves likely to be more difficult in future
By Channel NewsAsia’s Shanghai Correspondent Glenda Chong | Posted: 09 May 2008 2250 hrs
SHANGHAI: The Government of Singapore Investment Corporation (GIC) expects the management of foreign exchange reserves to be more difficult in the coming years due to economic uncertainties and market volatility.
The point [...]
Inflation to hit Singapore harder than US economic slowdown
By Rachel Kelly and Jonathan Peeris, Channel NewsAsia | Posted: 08 May 2008 2050 hrs
SINGAPORE : Inflation is a more serious problem for Singapore and other Asian economies than an economic slowdown in the United States, according to HSBC’s senior Asian economist, Robert Prior-Wandesforde.
He said if [...]
Talent management among top challenges for organisations
By Wong Siew Ying, Channel NewsAsia | Posted: 05 May 2008 1805 hrs
SINGAPORE : Talent management and leadership improvement are the two top urgent challenges for organisations around the world over the next seven years.
This was revealed in a global survey of some 4,700 business leaders in 83 [...]
Industries urged to give foreign workers proper pay package
By May Wong, Channel NewsAsia | Posted: 05 May 2008 2053 hrs
SINGAPORE: Industries need to provide proper remuneration and recognition to retain foreign workers in Singapore especially in the construction sector, according to Senior Minister of State for National Development, Grace Fu.
She was responding to media [...]
Singapore’s largest private Lasik centre eyes regional prospects
Posted: 02 May 2008 2232 hrs
SINGAPORE : Singapore’s largest private Lasik centre has just opened its doors to tap into the growing demand for laser corrective eye surgery in Asia.
Shinagawa Lasik Centre is a joint venture between the public and private sectors aiming to tap into Singapore’s growing [...]
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