
Prime Minister Lee Hsien Loong said in his National Day Rally speech on Sunday.  He touched on other bold plans that are in progress.
Paya Lebar Airbase will be moved. This will free up an area bigger than Bishan  & Toa Payoh - around 800 ha - for new homes, offices, and factories.
Relocating airbase also removes height restrictions around Paya Lebar and frees for authorities to develop exciting plans for the eastern part of Singapore.
A  new port in Tuas which is bigger and more efficient than current facilities, to maintain the country's premier position as one of the world's leading ports.
All container ports in Tanjong Pagar, Keppel, Brani and Pasir Panjang will be moved there when leases expire from 2027.
This will also free up prime land in Tanjong Pagar, where a new southern waterfront city will be built. Occupying a space of about 1,000 ha, or 2.5 times the size of Marina Bay, it will stretch from Shenton Way to Pasir Panjang.
There will also be a fifth terminal at Changi Airport, to double its current capacity.
PM Lee said the plans were examples of how Singapore needs to think and plan for the future.
" If we can carry off these plans, we will not have to worry about running out of space or possibilities in Singapore," he said.
Huat huat...ARGH. Singapore.
tanglinboy ( Date: 19-Aug-2013 07:21) Posted:
|
Please to be informed that we short of Green Huat Kueh to distribute for these few days.Kindly eat Chai Kueh for the time being. Sorry for the inconvinience caused. Thank you for your support !
Huat Arh!
From : Green Huat Kueh Pte Mgmt.
Happy Birthday Singapore, 48th National Day.
Key points from National Day Rally 2013
8bliz8 ( Date: 18-Aug-2013 09:45) Posted:
|
teeth53 ( Date: 18-Aug-2013 09:33) Posted:
|
SingTel's mobile users to pay double for excess data charges from 16 September
SingTel's mobile users will soon have to pay double for excess data charges. According to a SingTel spokesman, any excess data usage from 16 September will be billed at S$10.70 per GB, capped at S$188?
Treasury Yield Hits Two-Year High
U.S., U.K., German Government Bonds All Tumble on Signs of Economic Recovery
Bond yields in the U.S. and Europe jumped to multiyear highs Thursday as a brightened outlook for global economic growth sparked a new round of concern that the world's major central banks soon will pull back on monetary stimulus.
The prices of U.S. Treasurys and U.K. and German government debt fell following the release Thursday of strong reports on U.S. employment data and U.K. consumer spending. The three are the world's most-watched bond markets, which serve as benchmarks in setting borrowing costs for consumers and businesses in the U.S. and Europe.
The 10-year Treasury and the 10-year U.K. government bond yields hit two-year highs, as the 10-year German government bond yield touched the highest level since March 2012.
The 10-year Treasury yield touched 2.823% early Thursday, its highest level since hitting 2.858% on Aug. 1, 2011, according to CQG. In late afternoon trade, the benchmark 10-year Treasury note was down by 12/32 in price, yielding 2.755%, according to Tradeweb.
Thursday's economic data strengthened investors' expectations the Federal Reserve will pull back its stimulus program come September, a source of anxiety that has roiled bond markets all year. The number of people filing for unemployment benefits in the U.S. dropped to the lowest level since October 2007. Retail sales from the U.K. rose at a faster pace than economists' forecasts.
Upbeat data in the U.K. also has cast doubt over the Bank of England's ability to pump more cash into the economy. And signs the euro zone's economy is turning a corner are lowering expectations that the European Central Bank would roll out new stimulus programs.
The 10-year German government bond yield rose to 1.881% and the 10-year U.K. government bond yield climbed to 2.684%, according to Tradeweb.
The subdued pace of Thursday's selling after fierce declines in May and June is a sign the bond market has digested the possibility of the Fed's move to cut bond buying, traders said. In June, private foreign investors sold U.S. bonds, equities and other long term securities at record levels, according to a U.S. Treasury Department report released Thursday. That included net selling of $40.1 billion of Treasury bonds and notes.
Compared with May and June, when investors feared the Fed might pull its support too quickly, now some traders see higher bond yields as a sign of a stronger global economy.
" Rising yields are a sign that the bond market believes the economic recovery to be self-sustaining,'' said Anthony Cronin, a Treasury bond trader at Société Générale. That, he said, adds to " nervousness" about the Fed starting to taper bond purchases.
Over the past few weeks, reports out of China raised some optimism the world's second-largest economy may come out of a soft patch hit during the first half of the year. The euro zone emerged from a recession in the second quarter.
With yields going higher again, investors also could continue to cash out of bond funds for fear of further declines in prices, traders said. When yields climb on benchmark bonds, the prices of new bonds become more attractive relative to older ones that pay much lower interest.
U.S. bond funds suffered record redemptions in June as bond prices swooned. Investors pulled out a net $11.2 billion from bond mutual funds in August through Tuesday, following a $19.3 billion outflow in July, according to the latest weekly report from TrimTabs Investment Research.
The 10-year Treasury yield has soared from this year's low of 1.612% on May 1. Many investors expect the 10-year yield to hit 3% by the end of the year, but buyers are likely to see such rates as an opportunity to buy, which helps keep selloffs in check.
Some investors remain skeptical about whether the economic outlook in the second half of the year will accelerate, saying the rise in bond yields since May already accounts for the Fed tapering its bond-buying program. Some data has been less upbeat than employment reports, as inflation remains at lower levels.
" I'm concerned with slowing growth,'' said John Brynjolfsson, managing director at hedge fund Armored Wolf LLC in Aliso Viejo, Calif. He added that the rise in bond yields " will start to bite this fall." ?Ian Talley contributed to this article.
Write to Min Zeng at min.zeng@wsj.com
A version of this article appeared August 16,
2013, on page C4 in the U.S. edition of The Wall Street Journal, with
the headline: Upbeat Economic Signals Take Down Bonds.
Extracted from: http://online.wsj.com/article/SB10001424127887324823804579014511380799136.html
My Personal (T)oilet    (A)dvise on upcoming market,
Don't hold too many position, buy some play play  is ok,  mau too many dig your own grave  :)
 
teeth53 ( Date: 14-Aug-2013 23:23) Posted:
|
qwertyuiop00 ( Date: 17-Aug-2013 00:17) Posted:
|
yummygd ( Date: 17-Aug-2013 00:16) Posted:
|
appleronaldo ( Date: 16-Aug-2013 23:11) Posted:
|
9:13 am:  Shanghai Composite surged 6% in just a couple minutes on Friday. But nobody knows why.   More
http://money.cnn.com/2013/08/16/investing/shanghai-composite-mystery/index.html?iid=Lead
Zhiwei ( Date: 16-Aug-2013 12:02) Posted:
|
Short sell orders executed on 16 August 2013
http://www.sgx.com/wps/wcm/connect/sgx_en/home/market_info/short_sale/short_sale_daily/DailyShortSell20130816.txt