Posted on May 20, 2008 by idealresidence
Home rates going back to 2003 levels? Not quite
SINGAPORE interbank rates - the prices banks charge each other for short-term funds - are threatening to fall back to record lows.
The benchmark three- month rates are now nearing one per cent, down from around 3.5 per cent a year ago and threatening to ease to the [...]
Filed under: Banks/Finance, Property News | 1 Comment »
Posted on May 20, 2008 by idealresidence
Kwok family woes now tabloid fodder
Sun Hung Kai chairman files writ against brothers
By JANE MOIR
IN HONG KONG
A FAMILY feud at Sun Hung Kai Properties, one of Hong Kong’s biggest developers, is shaping up to become a feisty legal battle for boardroom control.
The woes of the Kwok family have taken a dramatic twist [...]
Filed under: International Properties, Property News | No Comments »
Posted on May 20, 2008 by idealresidence
The radiant face of Singapore
From the Republic’s early days, the buildings that define its skyline reflect a nation that is increasingly vibrant, writes JOEL CHUA
IF a country had a face, it would be the skyline of its city. Like a portrait on a sky-blue canvas, it is the profile of a nation - as visually [...]
Filed under: About Singapore, Commercial, Condominium, General, Property News | No Comments »
Posted on May 20, 2008 by idealresidence
US recession may end by next quarter: economists
Growth to pick up to 2.1% in 2nd half: NABE poll
(ATLANTA) The US economy will probably exit from a recession by the end of the next quarter as credit markets improve after a year of turmoil, according to a survey of economists.
The worst of the US credit crunch [...]
Filed under: Property News, US Subprime | No Comments »
Posted on May 20, 2008 by idealresidence
Causeway din vexes Marsiling residents
RESIDENTS of Marsiling Causeway View estate near the Causeway are being driven up the wall by the incessant blaring of horns and revving of motorcycle engines.
They say the noise, which starts at 4am and goes on till midnight, became worse after terrorist Mas Selamat Kastari escaped from detention on Feb27, and [...]
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Posted on May 20, 2008 by idealresidence
Wage rises to lag inflation: Survey
Tuesday • May 20, 2008
If you haven’t done so already, it is time to tighten your belt for tougher times ahead.
Salary increments in Singapore for the next 12 months will lag inflation, according to the results of a survey by global management consultancy Hay Group released at the weekend.
Despite [...]
Filed under: Property News, Singapore Economy | No Comments »
Posted on May 20, 2008 by idealresidence
Jurong dogged by strays: Cat & dog lovers at odds
Feline fans say roaming dogs are a hazard to cats, while canine camp calls for compassion
By Lim Heng Liang
RESIDENTS from Lakeside to Jurong West are fighting like cats and dogs - over cats and dogs.
The neighbourhood is the turf of stray dogs that roam [...]
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Posted on May 20, 2008 by idealresidence
Below-par growth may be norm in post-crisis US economy
WASHINGTON - A NORMAL United States economy is likely to look a lot different - and worse - after the credit crisis is over and financial markets settle down.
Companies will continue to struggle to raise cash for expansion and innovation, as investors and lenders stay focused [...]
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Posted on May 20, 2008 by idealresidence
Waterfront cluster with high-end appeal
New Fullerton Heritage zone has luxury retail and dining outlets to draw the well-heeled
By Michelle Tay
FINE DINING BY THE WATERFRONT: One Fullerton is set for an August relaunch with four new eateries. — PHOTOS: THE FULLERTON HERITAGE
RAFFLES Place may be best known as the arena where high-flying bankers [...]
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Posted on May 20, 2008 by idealresidence
Worst may be over for US, say analysts
WASHINGTON — A growing number of analysts are expressing confidence that the worst may be over for the United States economy, even if it struggles for some time due to weak housing, tight credit and high energy costs.
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Latest data suggests that the world’s largest economy may [...]
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