June 23, 2009 Tuesday
Updated

ABOUT US$46 billion (S$67 billion) in loans will be given out to countries by the World Bank this year, a massive jump from US$24 billion a year earlier.

The money was needed to support countries coping with the 'economic earthquake', said Mr James Adams, World Bank Regional Vice President for East Asia and the Pacific.

 
SIA is still top brand

SINGAPORE Airlines is flying high as Singapore's leading brand, according to a recent study of the top 100 brands in the republic.

Calling it a 'shining global example of how to do branding right', consultancy Brand Finance lauded it for its commitment to branding, new technologies such as the A380 plane, and its strong service ethic.

Schools won't be shut

ONE or two pupils felled by the H1N1 flu and the whole class may be sent home for a week. More, and the whole school may be ordered shut.

This scenario might well be played out at various schools across the island over the next few months as part of the Education Ministry's approach to containing the spread of the H1N1 virus which has infected 194 people here so far.

Real estate losing appeal?

SINGAPORE no longer appears on the radar screen of most non-listed institutional investors and fund managers, according to the latest survey by Asian Real Estate Association (Area).

This year's hottest picks are China, Australia and Japan, said its Investment Intentions Asia Survey 2009.

Japan scraps welfare cuts

TOKYO - JAPAN'S government on Tuesday scrapped a controversial policy of slashing social security spending as the world's second largest economy struggles in deep recession.

The move came after lawmakers of the ruling party, which is lagging in the polls in an election year, endorsed a more accommodating policy blueprint that will form the basis of the next budget.

   
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