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December 4, 2008 Thursday
Updated

INVESTORS in Minibonds hoping to get some of their money back face possibly delays of more than two years while teams of lawyers fight it out over complex legal issues, it was disclosed yesterday.

It is feared that the process of unwinding the failed investment product will be put on hold while the cross-border legal wrangle plays itself out.

 
Streamlining shore protection

RECLAIMED land in Singapore will soon be made available to industrial companies much more quickly and cheaply.

Food prices rising

JUST months after food prices began retreating from record highs, the tab on some products is rising again, sparked in large part by the weakening Singapore dollar.

CDCs offer relief package

SINGAPORE'S five Community Development Councils (CDCs) are coming together to work out a separate recession relief package to help residents ride out the economic downturn.

Acting as an extra safety net, it will complement existing national schemes such as the ComCare Fund and the Kindergarten Financial Assistance Scheme, and others to be unveiled in next year's Budget.

   
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