TEMASEK Holdings confirmed on Tuesday that it will raise its stake in Britain's Standard Chartered, possibly to as much as 22 per cent, as part of a rights issue.

Analysts say the move appeared to be an example of Temasek jumping in at cheap prices seeking longer term returns.

CHARITIES have started tightening their belts as donations take a hit in what one of them has dubbed 'the mother of all economic slumps'.

LEADERS of the meetings and conventions sector are urging firms here to close ranks and organise more joint events together to fight off competition from the region.

When doing this, they should pool staff, resources and funding and share organising duties so their events will offer better value to exhibitors, said Mr Edward Liu, who heads the Singapore Association of Convention and Exhibition Organisers and Suppliers.