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Latest Posts By pharoah88 - Supreme      About pharoah88
First   < Newer   7781-7800 of 13894   Older>   Last  

31-Aug-2010 10:54 User Research/Opinions   /   %%%% WORLD ECONOMIC SUMMIT %%%%       Go to Message
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Doublle-barrell stIImulus for Japan

Government announces $14.7 billion fiscal package while central bank expands loan programme

TOKYO

The stimulus package will be financed by reserve funds, Prime Minister Naoto Kan said, but he added that the government would consider compiling an additional budget if necessary. Final approval is expected on Sept 10, with implementation later in the month.

“We decided on the basic plan comprising employment, investment, education and regulatory reform ...

[#### every presIdent / PM is dOIng the SAME  thIng ? 

gOIng  One  rOund the wOrld  lIke  musIcal chaIr  aLL are back tO SAME  SQUARE  ONE ? ? ? ? ####] 

We decided on the swift stimulus, using ¥920 billion of reserve funds,” Mr Kan said.

The announcement followed the Bank of Japan’s (BoJ) move earlier in the day to expand a multi-billion-dollar loan programme in a bid to spur lending. The central bank unveiled a new six-month low interest scheme worth ¥10 trillion to financial institutions.

Combined with an existing three-month scheme worth ¥20 trillion, banks will now have access to a total of ¥30 trillion. The BoJ also kept its key interest rate at a super-low 0.1 per cent at the emergency meeting yesterday.

The BoJ stood ready to take more actIIon if necessary, governor Masaaki Shirakawa said.

Japan remains under pressure to safeguard its fragile recovery, with weak gross domestic product growth of an annualised 0.4 per cent in the second quarter pointing to a slowdown.

Dreary consumer price data last Friday cast a darker shadow over the government’s goal of ending deflation in the fiscal year starting April 2011. Core consumer prices eased 1.1 per cent in July, the 17th consecutive monthly fall.

The yen last week surged to a 15-year high of 83.60 against the US dollar, hammering the export sector that is driving Japan’s recovery from recession.

Late yesterday in Tokyo, the greenback was at 85.12.

The Nikkei 225 Stock Average rose 1.8 per cent yesterday to 9,149.26, following the 1.7 per cent rise in the Dow Jones Industrial Average on Friday.— Japan yesterday announced plans for a “swift” fiscal stimulus package worth ¥920 billion ($14.7 billion) to safeguard a fragile recovery and curb the impact of a strong yen.

AGENCIES

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31-Aug-2010 10:42 Genting Sing   /   GenSp starts to move up again       Go to Message
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H E A R D:

stayIng  In  prIvate  prOperty  In  sIngapOre ?

especIally  In  cOndOmInIum ?

Is  abOut  STATUS ?

In  JB  stayIng  In  prIvate  landed  prOperty  Is  a  nOrm ?

anOther  mOre  effectIve  way  Of  flawntIng  STATUS ?

tattOO  "milliOnaIre"  Or  "decIlliOnaIre"   Or  "billiOnaIre"

On  fOrehead, chest,  back,  arms,  legs, palm,  back hand ? ? ? ?

Or  carry a  sIzeable  keychaIn  wIth  sImIlar  InscrIptIOn ?

Or  carry a  handbag  Or  pOrtfOliO  wIth  sImIlar  LABEL ?

Or  hang a placard  wIth  sImIlar  dIsplay ?



niuyear      ( Date: 31-Aug-2010 08:54) Posted:

Use your CHARM  to charm the pretty girls there, see if they can give you 50% discount  from  the  Levy fee .

No way government will impose more rules on Casinos like that  of Property.

The worst impact of today's news is  those who are  private property owners and are looking to buy resale flats.   How on earth is this going to work?  They have to sell their property within 6 motnhs on buying  a resale HDB Flat ??? Can they make it in time to sell their private property?  What if they cant sell off their private?  

The best choice is DONT buy private property for one looses out lots of benefits...like those 'Ang Pow' government give out most are  those staying in 3 rooms or 4 room flats owners............

Unless have extra money to buy , if not,  buying Private property is like  digging  own  grave's yard..  Quite a number of  people i know already put off  the idea buying private property becos of the many restrictions.

 



AK_Francis      ( Date: 30-Aug-2010 17:07) Posted:

Ha ha, dear comrade, any good reason why u sell?

No more people come to RWS, RWS luck going to get worst.? Or worst, gov imposes strict rule ,ie entrance fee to Casino for sporean increases to 1000 instead of 100? Wat else?
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31-Aug-2010 10:30 Genting Sing   /   GenSp starts to move up again       Go to Message
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GENTING SP

cOntInUes  rIdIng  Own  UPTREND

regardless  Of  STi's  lOss In dIrectIOn
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31-Aug-2010 10:23 Genting Sing   /   GenSp starts to move up again       Go to Message
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frOm  nOw  On

GENTING SP 

nOt  jUst

fOundatIOn  stOne  Of  stI

BUT

GENTING SP

wIll  always 

lEap   ahEad  Of  stI 



hlfoo2010      ( Date: 31-Aug-2010 08:54) Posted:

Noted. Just check have this interesting comparing chart

Chart forGenting SP (G13.SI)



BullishTempo      ( Date: 30-Aug-2010 15:26) Posted:



 

 

GentingSP is part of STI.  STI up or down affects GentingSP
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31-Aug-2010 10:17 Genting Sing   /   GenSp starts to move up again       Go to Message
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BENJAMIN  GRAHAM 

VALUE  INVESTING  WISDOM

******** B J is  Warren Buffett's MentOr



niuyear      ( Date: 31-Aug-2010 08:54) Posted:

Use your CHARM  to charm the pretty girls there, see if they can give you 50% discount  from  the  Levy fee .

No way government will impose more rules on Casinos like that  of Property.

The worst impact of today's news is  those who are  private property owners and are looking to buy resale flats.   How on earth is this going to work?  They have to sell their property within 6 motnhs on buying  a resale HDB Flat ??? Can they make it in time to sell their private property?  What if they cant sell off their private?  

The best choice is DONT buy private property for one looses out lots of benefits...like those 'Ang Pow' government give out most are  those staying in 3 rooms or 4 room flats owners............

Unless have extra money to buy , if not,  buying Private property is like  digging  own  grave's yard..  Quite a number of  people i know already put off  the idea buying private property becos of the many restrictions.

 



AK_Francis      ( Date: 30-Aug-2010 17:07) Posted:

Ha ha, dear comrade, any good reason why u sell?

No more people come to RWS, RWS luck going to get worst.? Or worst, gov imposes strict rule ,ie entrance fee to Casino for sporean increases to 1000 instead of 100? Wat else?
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30-Aug-2010 19:01 GentingSMBeCW130603   /   GENTiNG SMBLeCW 130603 Expiring 2013       Go to Message
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e Genting HK US$ S21 i -- USD 0.290
-0.015 -4.9 39,946,000 1,533,000 0.290 0.295 2,348,000 0.305 0.305 0.315 0.290   M    
GENTING BHD 3182 i CD MYR 9.450
 
 +0.410 +4.5 16,695,600 2,200 9.360 9.450 118,100 9.060 9.040 9.510 9.060 --
GENTING MYS BHD 4715 i CD MYR 3.020
+0.020 +0.7 11,594,200 203,000 3.010 3.020 183,000 3.000 3.000 3.040 2.990 --
Genting SP G13 i -- SGD 1.660
+0.060 +3.8 100,315,000 1,709,000 1.650 1.660 1,284,000 1.630 1.600 1.660 1.620   M    
GentingSMBLeCW120402 J2UW i -- SGD 0.170
+0.010 +6.3 611,000 60,000 0.165 0.175 90,000 0.165 0.160 0.170 0.165   M    
GentingSMBLeCW130103 L2PW i -- SGD 0.135
+0.010 +8.0 105,000 50,000 0.135 0.165 100,000 0.135 0.125 0.135 0.135 --
GentingSMBLeCW130603 L0QW i -- SGD 0.185
+0.015 +8.8 170,000 20,000 0.180 0.190 10,000 0.175 0.170 0.185 0.175   M   
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30-Aug-2010 18:59 GentingSMBeCW130603   /   GENTiNG SMBLeCW 130603 Expiring 2013       Go to Message
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GentingSMBLeCW130603 Symbol:
L0QW 		Currency:
Singapore Dollar
Last: 0.185 + 0.015 Vol (K): 170.0
Trading
Updated Time 30-Aug 17:05
Open 0.175 High 0.185 Low 0.175
Prev Close 0.17 Buy - Sell -
Volume(K) 170.0 Buy Vol(K) - Sell Vol(K) -
All Time High 0.19 All Time Low 0.11    

Intraday Chart

 
Good Post  Bad Post 
30-Aug-2010 18:54 GentingSMBeCW130103   /   GENTING SMBLeCW130103 Expiry 2012 December       Go to Message
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e Genting HK US$ S21 i -- USD 0.290
-0.015 -4.9 39,946,000 1,533,000 0.290 0.295 2,348,000 0.305 0.305 0.315 0.290   M    
GENTING BHD 3182 i CD MYR 9.450
 
 +0.410 +4.5 16,695,600 2,200 9.360 9.450 118,100 9.060 9.040 9.510 9.060 --
GENTING MYS BHD 4715 i CD MYR 3.020
+0.020 +0.7 11,594,200 203,000 3.010 3.020 183,000 3.000 3.000 3.040 2.990 --
Genting SP G13 i -- SGD 1.660
+0.060 +3.8 100,315,000 1,709,000 1.650 1.660 1,284,000 1.630 1.600 1.660 1.620   M    
GentingSMBLeCW120402 J2UW i -- SGD 0.170
+0.010 +6.3 611,000 60,000 0.165 0.175 90,000 0.165 0.160 0.170 0.165   M    
GentingSMBLeCW130103 L2PW i -- SGD 0.135
+0.010 +8.0 105,000 50,000 0.135 0.165 100,000 0.135 0.125 0.135 0.135 --
GentingSMBLeCW130603 L0QW i -- SGD 0.185
+0.015 +8.8 170,000 20,000 0.180 0.190 10,000 0.175 0.170 0.185 0.175   M   
Good Post  Bad Post 
30-Aug-2010 18:51 GentingSMBeCW130103   /   GENTING SMBLeCW130103 Expiry 2012 December       Go to Message
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GentingSMBLeCW130103 Symbol:
L2PW 		Currency:
Singapore Dollar
Last: 0.135 + 0.01 Vol (K): 105.0
Trading
Updated Time 30-Aug 17:01
Open 0.135 High 0.135 Low 0.135
Prev Close 0.125 Buy - Sell -
Volume(K) 105.0 Buy Vol(K) - Sell Vol(K) -
All Time High 0.13 All Time Low 0.12    

Intraday Chart

 
Good Post  Bad Post 
30-Aug-2010 18:47 GentingSMBeCW120402   /   J2UW Genting SP Covered Warrant Expirty 2 Apr 2012       Go to Message
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GentingSMBLeCW120402 Symbol:
J2UW 		Currency:
Singapore Dollar
Last: 0.17 + 0.01 Vol (K): 611.0
Trading
Updated Time 30-Aug 17:00
Open 0.165 High 0.17 Low 0.165
Prev Close 0.16 Buy - Sell -
Volume(K) 611.0 Buy Vol(K) - Sell Vol(K) -
All Time High 0.19 All Time Low 0.055    

Intraday Chart

 
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30-Aug-2010 18:16 Genting HK USD   /   Genting HK US$       Go to Message
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30-Aug-2010 17:44 User Research/Opinions   /   MAY BANK initiates GROWTH ERA tOday       Go to Message
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Monday: 30 AUGUST 2010  CLOSING

21,661,200

RM8.390  +RM0.130

Day Hi  RM8.420

Day Lo RM8.280

prIce  actIOn

09:53:59 8.390 500,000 Bought From Seller
09:53:57 8.390 500,000 Bought From Seller


Price Trades Volume Sold to Buyer Mid Bought from Seller
8.280 5 12,500 12,500 0 0
8.300 3 24,400 0 0 24,400
8.310 15 38,600 22,600 0 16,000
8.320 24 58,500 11,600 0 46,900
8.330 27 47,100 8,300 9,800 29,000
8.340 22 31,600 15,400 0 16,200
8.350 23 134,200 500 0 133,700
8.360 11 118,200 10,000 0 108,200
8.370 65 391,700 244,600 0 147,100
8.380 225 1,754,800 1,528,100 0 226,700
8.390 416 8,320,700 2,694,600 0 5,626,100
8.400 516 10,386,500 3,914,700 800 6,471,000
8.410 50 199,500 54,000 1,000 144,500
8.420 9 7,900 1,800 900 5,200
TOTAL 1,411 21,526,200 8,518,700 12,500 12,995,000
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30-Aug-2010 17:33 Genting Sing   /   GenSp starts to move up again       Go to Message
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GentIng  SP

0.5%  GDP

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30-Aug-2010 17:29 Genting Sing   /   GenSp starts to move up again       Go to Message
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ECONOMIC  MOAT



 

S$2.10

enOUgh Is enOUgh

Good Post  Bad Post 
30-Aug-2010 17:24 Genting Sing   /   GenSp starts to move up again       Go to Message
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Monday: 30 AUGUST 2010  CLOSING

100,315,000

S$1.660  +S$0.060

Day Hi  S$1.660

Day Lo  S$1.620

Price Trades Volume Sold to Buyer Mid Bought from Seller
1.620 20 193,000 193,000 0 0
1.630 499 21,833,000 11,717,000 0 10,116,000
1.638 1 12,000 0 12,000 0
1.640 1,183 48,073,000 20,904,000 0 27,169,000
1.641 1 19,000 0 19,000 0
1.642 1 6,000 0 6,000 0
1.645 5 436,000 0 436,000 0
1.648 2 32,000 0 32,000 0
1.649 3 146,000 0 146,000 0
1.650 524 20,037,000 1,066,000 0 18,971,000
1.655 1 11,000 0 11,000 0
1.656 1 26,000 0 26,000 0
1.659 1 18,000 0 18,000 0
1.660 75 9,473,000 0 0 9,473,000
TOTAL 2,317 100,315,000 33,880,000 706,000 65,729,000
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30-Aug-2010 17:19 Genting HK USD   /   Genting HK US$       Go to Message
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Monday: 30 AUGUST 2010  CLOSING

39,946,000

USD0.290  -USD0.015

Day Hi  USD0.315

Day Lo  USD0.290

Price Trades Volume Sold to Buyer Mid Bought from Seller
0.290 6 2,056,000 2,056,000 0 0
0.295 143 11,512,000 5,946,000 0 5,566,000
0.300 91 9,110,000 4,383,000 0 4,727,000
0.305 34 4,641,000 4,279,000 0 362,000
0.310 159 12,440,000 6,276,000 0 6,164,000
0.315 7 187,000 0 0 187,000
TOTAL 440 39,946,000 22,940,000 0 17,006,000
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30-Aug-2010 17:14 User Research/Opinions   /   ^ Productivity ^ [Effecacy Efficiency Economy]       Go to Message
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Doors open but citizens first

Monetary award for NSmen among the measures

Loh Chee Kong  news editor

cheekong@mediacorp.com.sg

SINGAPORE —

While explaining the need to keep the Republic’s doors open, Prime Minister Lee Hsien Loong yesterday went further — to reassure citizens they would always come first, sketch out new pathways for young Singaporeans to fulfil their potential, and rally citizens to discover what he defined as the “Singapore Spirit”. In his National Day Rally speech,

Mr Lee promised them the influx of foreign workers will slow. He “empathised with” and understood Singaporeans’ worries about competition for jobs and houses, the crowding on public transport, and the “character of our society”.

To address these concerns, he unveiled housing, transportation and education measures which could go some way to “maintain a Singaporean core in our society, stiffened by this Singapore spirit”.

“We should give Singaporeans time to adjust and our society time to settle and integrate better the new arrivals,” said Mr Lee. Among the initiatives: A new National Service Recognition Award (NSRA) for National Servicemen (NSmen).

Disbursed in tranches, the sum, totalling at least $9,000, will be credited into the Post Secondary Education and CPF accounts, and can be used to pay for an NSman’s education and housing. More details will be unveiled later by the Ministry of Defence.

A new Population and Talent Division, overseen by Deputy Prime Minister Wong Kan Seng, will be set up in the Prime Minister’s Office to manage immigration, talent and population policies holistically, and ensure Singaporeans benefit as more foreigners pour in this year. Said Mr Lee: “With the booming economy, we will definitely need more foreign workers so that we can create more jobs.”

Last month, he had noted that at least 100,000 foreigners could enter Singapore’s workforce this year. The eventual number, he said yesterday, could be fewer — “perhaps 80,000”.

Mr Lee explained he had floated the 100,000 figure earlier to highlight the inevitable tradeoff: Higher growth to benefit Singaporeans “also means accepting more foreigners”.

Pointing out that immigration and foreign talent are “difficult issues everywhere”, Mr Lee said: “They pose very real political and social problems. But if we can manage these ... then the benefits to us are substantial.”As Singapore becomes ever more cosmopolitan to stand out on the global stage, and a blistering economy this year calls for further foreign reinforcement of the workforce, anxious citizens have been trying to adjust.

‘IMPORTANT TO STAY OPEN’

For Singapore to be an “outstanding city”, talent makes a “tremendous difference” — be it in fields as diverse as architecture or sports, said Mr Lee.

The limited talent pool here meant the country needed to draw people from all over the world.

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30-Aug-2010 17:06 User Research/Opinions   /   ^ Productivity ^ [Effecacy Efficiency Economy]       Go to Message
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More flats for sandwiched class

Announcement on private property today

Leong Wee Keat

weekeat@mediacorp.com.sg

SINGAPORE —

The Government will also widen public housing choices for the “sandwiched group”, those who earn a monthly income of between $8,000 and $10,000.

Yesterday, Prime Minister Lee Hsien Loong announced that this group — which previously only qualified for the Housing and Development Board’s Executive Condominiums (ECs) — will soon be allowed to buy Design, Build and Sell Scheme (DBSS) flats.

They will be granted the same concessions as they previously enjoyed when buying an EC: They are eligible for a $30,000 housing grant and can arrange their own financing.

With this relaxation, which answers a call by Members of Parliament, the Government will release more land for developers to build DBSS flats and ECs to ensure there is adequate supply to meet Singaporeans’ housing demands.

HDB will also speed up the completion of new BTO flats from the current three to three-and-a-half years, said Mr Lee, who added that home ownership rules would be further tightened to stress that HDB flats “are primarily (for) owneroccupation”.

Mr Lee noted there was “quite a number of private property owners who buy HDB re-sale flats and re-sell them” within one to two years.

More details, as well as measures concerning the private property market, will be announced by the Ministry of National Development this morning.

The Government has twice acted to cool the market — most recently in February — but prices are still rising and cash-over-valuation amounts remain high.

Said Mr Lee: “Our purpose is to make sure that in the long term, Singaporeans can own their homes ... and it will be a gradually-appreciating asset which will grow as Singapore grows.”Some 22,000 Build-To Order (BTO) flats — over a third more than this year’s supply — will be pushed out next year. And this was not the only piece of pleasant news for flat seekers yesterday:

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30-Aug-2010 16:56 User Research/Opinions   /   ^ Productivity ^ [Effecacy Efficiency Economy]       Go to Message
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‘Doing everything we can’ on MRT congestion

Loh Chee Kong

cheekong@mediacorp.com.sg

SINGAPORE

“many” grouses about public transport congestion, especially

on the MRT trains, and it is “doing everything possible

to improve matters”, Prime Minister Lee Hsien Loong said.

From an upgraded signalling system which would see

trains running at shorter intervals on the North South Line

and East West Line, to additional trains on the North East

Line (NEL), the authorities are hoping to address the complaints,

said Mr Lee.

“Most of the time, (the MRT system) is working fine. The

peak hours are when the crowding takes place,” he noted,

singling out three persistent problem stretches: From Bukit

Gombak to Dover, from Toa Payoh to Novena, and from

Serangoon to Dhoby Ghaut.

Pointing out that the congestion on the North South

Line will ease further when the Circle Line is fully completed

next year, Mr Lee announced that from next year, SBS Transit

will run an extra train on the NEL during the morning rush

hour. Also, SBS Transit will increase its capacity by 50 per

cent by buying new trains over the next five or six years,

said Mr Lee.

Infrastructural works at the Jurong East MRT Station are

underway and will be completed by May next year.

Over the next decade, $60 billion will be spent on

doubling the rail network, including the addition of the

Thomson Line and Eastern Region Line.

But improvements would not be seen overnight, Mr Lee

said. The upgrading of the signalling system — which will

shorten intervals from two minutes to 100 seconds — will

take “some years” as the workers “only have three or four

hours” each night to work on it.

Urging Singaporeans to “be patient”, he noted that trains

in all cities “will always be packed during peak hours”.

“We can’t guarantee that every passenger can get onto

the first train everytime, or even that he can get onto the

second train everytime, but there will be trains every couple

of minutes,” he said.— The Government has heard Singaporeans’

Loh Chee Kong

cheekong@mediacorp.com.sg

SINGAPORE

From an upgraded signalling system which would see trains running at shorter intervals on the North South Line and East West Line, to additional trains on the North East Line (NEL), the authorities are hoping to address the complaints, said Mr Lee.

“Most of the time, (the MRT system) is working fine. The peak hours are when the crowding takes place,” he noted, singling out three persistent problem stretches: From Bukit Gombak to Dover, from Toa Payoh to Novena, and from Serangoon to Dhoby Ghaut.

Pointing out that the congestion on the North South Line will ease further when the Circle Line is fully completed next year, Mr Lee announced that from next year, SBS Transit will run an extra train on the NEL during the morning rush hour. Also, SBS Transit will increase its capacity by 50 per cent by buying new trains over the next five or six years, said Mr Lee.

Infrastructural works at the Jurong East MRT Station are underway and will be completed by May next year.

Over the next decade, $60 billion will be spent on doubling the rail network, including the addition of the Thomson Line and Eastern Region Line.

But improvements would not be seen overnight, Mr Lee said. The upgrading of the signalling system — which will shorten intervals from two minutes to 100 seconds — will take “some years” as the workers “only have three or four hours” each night to work on it.

Urging Singaporeans to “be patient”, he noted that trains in all cities “will always be packed during peak hours”.

“We can’t guarantee that every passenger can get onto the first train everytime, or even that he can get onto the second train everytime, but there will be trains every couple of minutes,” he said.— The Government has heard Singaporeans’ “many” grouses about public transport congestion, especially on the MRT trains, and it is “doing everything possible to improve matters”, Prime Minister Lee Hsien Loong said.

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30-Aug-2010 16:15 User Research/Opinions   /   ^ Productivity ^ [Effecacy Efficiency Economy]       Go to Message
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Opening pathways, building peaks

Zul Othman

zul@mediacorp.com.sg

SINGAPORE

So several new initiatives are being introduced, covering primary to university levels, with a singular focus on creating more educational opportunities and different paths to fulfil potential.

With greater options, it will cement the Primary School Leaving Examinations (PSLE) as a major educational hurdle to clear without it being “a do-or-die test that determines the whole future of a child”.

For instance, since Normal (Technical) students often blossom in the Institute of Technical Education, an enhanced N(T) programme is being tested in Bedok Town, Shuqun and Si Ling secondary schools, with a view to apply the lessons learnt to other N(T) classes, Mr Lee revealed in his National Day Rally speech.— The hallmark of any good education system is to not just “stretch the brilliant ones but also help those less academically inclined, and all those in between”, Prime Minister Lee Hsien Loong said yesterday.

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