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Economy Expected To Shrink As Much As 8 Percent
28 February 09 02:07 PM | Winston Yap | 0 Comments   
THE Prime Minister does not rule out the possibility of Singapore's economy shrinking by as much as 8 per cent this year. That would be a sharper contraction than the current official forecast of a decline of between 2 per cent and 5 per cent. Countries Read More...
Singapore Minister Sees Opportunity In Adversity
24 February 09 07:57 AM | Winston Yap | 0 Comments   
THE ongoing economic crisis will spur, rather than derail, Asean's move towards economic integration, Foreign Minister George Yeo told the media yesterday. Greater Asean integration means open markets, more trade flows, opportunities and jobs for Read More...
Reits Offer Different Mode Of Payment
23 February 09 12:09 PM | Winston Yap | 0 Comments   
WHEN the property market was booming, investors picked up real estate investment trusts (Reits) for their policy of paying out most of their profits in cash. But with the economy now slowing and asset prices falling, these one-time market darlings are Read More...
Reits Minimun Payout Ratio To Remain Same
21 February 09 10:50 AM | Winston Yap | 0 Comments   
IT'S official. The authorities will not be lowering the minimum payout ratio that real estate investment trusts (Reits) must meet to qualify for tax transparency treatment. Spelling out the government's stand, Senior Minister of State for Finance Read More...
Govt may point way but won't force banks to lend
20 February 09 01:21 PM | Winston Yap | 0 Comments   
(SINGAPORE) The government will not lend directly to borrowers or force banks to extend credit despite their reluctance to lend, Prime Minister Lee Hsien Loong said yesterday. Rather than 'substitute bureaucrats for bankers', it will continue Read More...

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