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November 24, 2008 Monday
Updated

STAFF at the Singapore unit of Citigroup yesterday expressed relief at the US government's move to bail out the financially-troubled bank.

'I meet a lot of the senior staff here and I can tell they are more relieved today,' said one staff member, who asked to remain anonymous, speaking from Citi Singapore's Temasek Avenue office.

 
Cut costs first

FOR a company facing the prospect of a 25 per cent drop in business in difficult economic times, the temptation to retrench employees would be hard to resist.

But Seiko Instruments (SIS) opted to cut costs in other areas before even considering retrenchments.

Car orders up as COE prices fall

CAR showrooms have reportedly collected at least 3,000 orders over the weekend - three to four times the normal volume - and many have started raising prices.

Date violence among teens up

WHEN Shanti, 17, met Raj, 19, at their neighbourhood McDonald's through mutual friends, she thought she had found her Mr Right.