S&P affirms Spore’s AAA rating

S&P affirms Spore’s AAA rating 
 
 
Standard & Poor’s Ratings Services has affirmed its AAA sovereign credit ratings on Singapore, citing that the outlook is stable.
 
The ratings agency said the ratings reflect Singapore’s enduring fiscal and external strengths and competitive economy, while taking into account the challenges it faces as a small and open [...]

Upcoming cruise centre in Marina South drawing interest from industry players

Upcoming cruise centre in Marina South drawing interest from industry players
 
SINGAPORE : The upcoming cruise terminal in Marina South is drawing a lot of attention from industry players.
 
And with the appointment of the new terminal operator expected by third quarter of this year, some in the industry are wondering if they could have a [...]

Mandarin Gardens’ management panel steps down over enbloc disputes

Mandarin Gardens‘ management panel steps down over enbloc disputes
 
SINGAPORE : Enbloc sales woes and unhappiness at Mandarin Gardens have left the condominium without a management committee for the past week.
 
The previous committee refused to be re-nominated for elections at its Annual General Meeting last Sunday.
 
Since then, no one is taking charge of the [...]

RESIDENT: I’ll complain to your school

Samseng students torment residents at Bedok Reservoir void deck ‘They smoke, gamble, litter and pee there’
 
RESIDENT: I’ll complain to your school
 
STUDENT: So what? Go ahead
 
NOTHING, it seems, can get rid of them.
 
02 May 2008
 
NOTHING, it seems, can get rid of them.
 
Not the numerous warnings by their school.
 
Not the countless complaints by residents, [...]

Slowdown may stretch into next year: PM Lee

Slowdown may stretch into next year: PM Lee
 
For S’pore, much depends on the shape of the US downturn - whether it’s V, U or L
 
By CHUANG PECK MING
 
(SINGAPORE) To the eternal optimists who think that the Singapore economy will rebound from its lean patch in the months to come, Prime Minister Lee [...]

Private banks roll out special units targeting mega-rich

Private banks roll out special units targeting mega-rich
 
Individuals with over US$30m in investible assets are moving more wealth to Singapore
 
By Grace Ng
 
MORE private banks in Singapore are rolling out new special units to cater to Asia’s super wealthy - a lucrative but largely under-served segment.
 
Banks observe that the region’s mega-rich, who have well [...]

Up to $150k for guaranteed place at Canadian school

Up to $150k for guaranteed place at Canadian school
 
By Jane Ng
 
ANOTHER international school has announced that it will guarantee places for students in return for up to $150,000, making it the third school to embrace hefty placement fees.
 
The Canadian International School is hoping to tap into the growing number of companies looking to [...]

Temp office site in Newton draws four bids

Temp office site in Newton draws four bids
 
By Joyce Teo
 
A TENDER for a second temporary office site on Scotts Road and Anthony Road has attracted less interest than the first site adjacent to it.
 
Temporary sites are being offered for development as offices as part of efforts to ease an office space crunch.
 
Sun [...]

Credit crisis more than half over, says US Treasury chief

Credit crisis more than half over, says US Treasury chief
 
WASHINGTON - TREASURY Secretary Henry Paulson has said the credit crisis, now in its ninth month, is probably more than half over, retaining his forecast for the United States economy to keep growing.
 
‘We are closer to the end of this problem than we are to [...]

Don’t tar all with same brush

Don’t tar all with same brush
 
I ENJOYED the Saturday Special package of features on the real estate sales industry (April 19).
 
But I was disappointed and dismayed by the statement by Dr Yu Shi Ming, head of the real estate department of the National University of Singapore (NUS), when he was quoted as saying: ‘Every [...]