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Saturday, 04 July 2009
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Singapore Property & Finance News

  • BT offers holidays for pay cuts

    BT offers staff the chance of long holidays in return for a big pay cut in a bid to reduce costs during the economic downturn.

  • Rogue trades cost oil broker $10m

    A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades.

  • BA to cut spending by one fifth

    British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers.

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  • New development at Kiln Creek on hold - Daily Press

    YORK - Dick Ashe's plan to build several hundred new homes in the Villages of Kiln Creek is on hold until problems with the proposal are corrected. Ashe was given a June 30 deadline to correct deficiencies in his application to rezone about 80 acres ...

  • Builders pan tougher runoff rules - Daily Press

    State officials are planning tougher stormwater regulations on developed properties, a move criticized by home builders struggling from the recession. The changes are designed to reduce the runoff of stormwater, which environmentalists say is the ...

  • Next foreclosure wave is in view - Los Angeles Times Blogs

    Amid rising unemployment and falling home prices, mortgage defaults have surged to record levels this year. Until recently, many banks have put off launching foreclosure action on the troubled properties, in part because they had signed up for the ...

  • Tewksbury residents voice concerns on electrical substation as BPU ... - Recorder Community Newspapers

    TEWKSBURY TWP. – Three representatives from the state Board of Public Utilities (BPU) quietly listened last Wednesday night as township residents took turns citing their concerns about a proposed electrical substation on Fox Hill Road, ranging from ...

  • Another wave of foreclosures is poised to strike - Newsday

    WASHINGTON - Just as the nation's housing market has begun showing signs of stabilizing, another wave of foreclosures is poised to strike, possibly as early as this summer, inflicting new punishment on families, communities and the still-troubled ...



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  • Business Update: Rogue oil trader

    Jul 03 - A spike in world oil prices is being blamed on the actions of a rogue trader, Magna edges forward to Opel deal, Siemens gets World Bank bribery ban.


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That which we persist in doing becomes easier to do. Not that the nature of the thing has changed but the power to do it has changed. - Ralph Waldo Emerson, Author

I am convinced that if we are to get on the right side of the world revolution, we as a nation must undergo a radical revolution of values.The giant triplets of racism, materialism and militarism are incapable of being conquered. We need a true revolution of values to unseat the glaring contrast of poverty and wealth. A nation that continues year after year to pour money into war and ignoring social uplift is approaching spiritual death. - Martin Luther King, Jr.

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