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Latest Posts By pharoah88
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| 31-May-2010 17:57 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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gOOd fOr bOth STi & KLCi ? When the markets RE-RATE ? Positive Signal For Greater Collaboration Between Malaysia And Singapore
By Zakaria Wahab May 24, 2010 21:41 PM http://www.bernama.com.my/bernama/v5....php?id=500825 SINGAPORE, May 24 (Bernama) -- Prime Minister Datuk Seri Najib Tun Razak said the outcome of his retreat with his Singapore counter Lee Hsien Loong Monday is a positive signal for the private sectors and people of both countries to engage in greater collaboration. "If you are looking for a positive signal, this is it," he told a joint media conference with Lee following their retreat at Shangri-La Hotel here. He said the many decisions made during the retreat should signify a very positive signal for both sides to engage in more investment, education, trade and greater collaboration between the two countries. Najib said he hoped what that had been achieved today would go beyond what were written on paper. Describing his meeting with Lee a productive one, Najib said since they met a year ago when they decided not to allow outstanding bilateral issues to be in the way of developing and strengthening bilateral ties, the two countries had moved forward in areas which they could achieve common agreement. He said with that positive mindset, they had achieved much within a year, starting with meetings at various levels of the government to find a common ground. "And today is quite historic as we see now the light at the end of the tunnel with respect to the outstanding issues that have been lingering for almost 20 years," Najib said. With what that had been achieved in today's meeting, Najib said he could more or less say that the Points of Agreement (PoA) on Keretapi Tanah Melayu Bhd land in Singapore should finally be put to rest when Lee meets him in Kuala Lumpur next month. Malaysia today decided to move the Tanjong Pagar Railway Station to the Woodlands train checkpoint by July 1 next year under the enhanced PoA. When the PoA was signed by both countries in 1990, Malaysia had agreed to move the Tanjong Pagar Railway Station only to Bukit Timah after five years but it did not materialise. Najib said the spirit and the political understanding to find a resolution on a mutually beneficial manner so that both countries could benefit from the finalisation of the enhanced PoA agreement had led to the positive result. The prime minister said the settlement of the enhanced PoA would lead to a better connectivity and flow of people, followed by investment, and goods and services between the two countries. "We believe that the connectivity between Singapore and Johor Bahru will be achieved by 2018," Najib confidently said. Meanwhile, Lee said both countries decided to move forward in their bilateral relationship as they needed to work together in the face of global challenges now. He said the two countries needed to move forward as there were many competitive alternative centres growing in Asia. Lee said his meeting with Najib today was a fruitful one as both countries managed to clear issues that had been hanging for almost 20 years, and now they could move forward and develop their relationship. On the water issue, Lee said upon the expiry of the 1961 Water Agreement on July 1 next year, Singapore would hand over the Skudai waterworks to the Johor water authorities free of charge and in good working order. Singapore has been using the waterworks to extract water from the Skudai river for its water supply to the city-state. The city-state has another waterworks in Johor where it is allowed to extract 250 million gallons of water per day (Mgd) from the Johor river based on the 1962 Water Agreement which will only expire in 2061. -- BERNAMA |
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| 31-May-2010 17:47 |
User Research/Opinions
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MAY BANK initiates GROWTH ERA tOday
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This NEW DEVELOPMENT will be good for MAYBANK and UEMLAND. Positive Signal For Greater Collaboration Between Malaysia And Singapore
By Zakaria Wahab May 24, 2010 21:41 PM http://www.bernama.com.my/bernama/v5....php?id=500825 SINGAPORE, May 24 (Bernama) -- Prime Minister Datuk Seri Najib Tun Razak said the outcome of his retreat with his Singapore counter Lee Hsien Loong Monday is a positive signal for the private sectors and people of both countries to engage in greater collaboration. "If you are looking for a positive signal, this is it," he told a joint media conference with Lee following their retreat at Shangri-La Hotel here. He said the many decisions made during the retreat should signify a very positive signal for both sides to engage in more investment, education, trade and greater collaboration between the two countries. Najib said he hoped what that had been achieved today would go beyond what were written on paper. Describing his meeting with Lee a productive one, Najib said since they met a year ago when they decided not to allow outstanding bilateral issues to be in the way of developing and strengthening bilateral ties, the two countries had moved forward in areas which they could achieve common agreement. He said with that positive mindset, they had achieved much within a year, starting with meetings at various levels of the government to find a common ground. "And today is quite historic as we see now the light at the end of the tunnel with respect to the outstanding issues that have been lingering for almost 20 years," Najib said. With what that had been achieved in today's meeting, Najib said he could more or less say that the Points of Agreement (PoA) on Keretapi Tanah Melayu Bhd land in Singapore should finally be put to rest when Lee meets him in Kuala Lumpur next month. Malaysia today decided to move the Tanjong Pagar Railway Station to the Woodlands train checkpoint by July 1, 2011, next year under the enhanced PoA. When the PoA was signed by both countries in 1990, Malaysia had agreed to move the Tanjong Pagar Railway Station only to Bukit Timah after five years but it did not materialise. Najib said the spirit and the political understanding to find a resolution on a mutually beneficial manner so that both countries could benefit from the finalisation of the enhanced PoA agreement had led to the positive result. The prime minister said the settlement of the enhanced PoA would lead to a better connectivity and flow of people, followed by investment, and goods and services between the two countries. "We believe that the connectivity between Singapore and Johor Bahru will be achieved by 2018," Najib confidently said. Meanwhile, Lee said both countries decided to move forward in their bilateral relationship as they needed to work together in the face of global challenges now. He said the two countries needed to move forward as there were many competitive alternative centres growing in Asia. Lee said his meeting with Najib today was a FRUITFUL one as both countries managed to clear issues that had been hanging for almost 20 years, and now they could move forward and develop their relationship. On the water issue, Lee said upon the expiry of the 1961 Water Agreement on July 1 next year, Singapore would hand over the Skudai waterworks to the Johor water authorities free of charge and in good working order. Singapore has been using the waterworks to extract water from the Skudai river for its water supply to the city-state. The city-state has another waterworks in Johor where it is allowed to extract 250 million gallons of water per day (Mgd) from the Johor river based on the 1962 Water Agreement which will only expire in 2061. -- BERNAMA |
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| 31-May-2010 17:43 |
User Research/Opinions
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MAY BANK initiates GROWTH ERA tOday
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MAYBANK is in Malaysia. nOw its price is more attractive after the recent market correction |
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| 31-May-2010 13:43 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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STi Weekly roundup (May 24 to 28) Monday 2,723.87 Tuesday 2,650.61 Wednesday 2,696.02
Thursday 2,739.70 The week ahead
The Singapore market may start the week higher on the back of renewed confidence over Europe’s debt crisis following China’s commitment to maintain investments in Europe. Pent-up demand following the market’s closure last Friday may also lift the local bourse higher as well, dealers said. |
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| 31-May-2010 13:06 |
Genting Sing
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GenSp starts to move up again
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GENTING SINGAPORE ----------------- Bank of America-Merrill Lynch upgrades Genting Singapore to Buy from Underperform, raises target price to $1.22 from $0.98 after increasing 2010-2011 EBITDA estimates by 7 per cent to 8 per cent. Says gaming group well positioned... |
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| 28-May-2010 10:22 |
Others
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DOW & STI
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Thursday: 27 MAY 2010 WiLL STi bOOmz Or nOt ?
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| 28-May-2010 10:11 |
Genting Sing
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GenSp starts to move up again
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whO had been buying since S$0.84 ? |
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| 27-May-2010 08:20 |
Others
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DOW & STI
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Wednesday: 26 MAY 2010 DOW -69 on EURO DEBT CONCERNS FTSE +97 DAX +87 CAC40 +77 This Scenerio is like a DOW Market Making Scam [DOW MMS] Recently, it happened several times. |
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| 26-May-2010 09:49 |
Others
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DOW sink below 10000mark
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SPANISH BANK BAILOUT KEEPS MARKETS EDGY --------------------------------------- NEW YORK - Stock markets in the United States and Europe traded in roller-coaster fashion in intra-day dealings yesterday as investors remained jittery following a bailout of a regional bank in Spain, while stocks in Asia closed mostly...
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| 26-May-2010 07:43 |
Others
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DOW sink below 10000mark
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IMF and ECB are making the markets and profiteering now ? ? ? ? | ||||||||||||||||||
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| 26-May-2010 07:41 |
Others
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DOW & STI
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Absolute EU Central Bank Governance Failure. Credit Rating of EU members and EU banks should have been downgraded lOng lOng lOng lOng agO. TiME tO start ABSOLUTE CASH RATING bUrn CREDIT RATINGS |
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| 21-May-2010 16:57 |
Chemoil Ene USD
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CHEMOIL
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Ever since oil prices crashed to $33 per barrel in December 2008, China has been on a buying spree, dipping their hand in nearly every major energy source on the planet. During the last two years, China has expanded their oil and gas reserves over and over again. From Iran to Canada, there is no place that China considers off-limits:
The list goes on... |
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| 21-May-2010 16:55 |
Mermaid Maritime
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Mermaid
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Ever since oil prices crashed to $33 per barrel in December 2008, China has been on a buying spree, dipping their hand in nearly every major energy source on the planet. During the last two years, China has expanded their oil and gas reserves over and over again. From Iran to Canada, there is no place that China considers off-limits:
The list goes on ... |
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| 21-May-2010 16:47 |
SingTel
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Singtel
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MOBILEME SHOULD BE FREE ----------------------- Rumours have it that Apple's subscription-based Internet service MobileMe will soon be free. Stoking the rumour mill was last week's launch of the MobileMe Mail beta web application, which touts a new interface and improved performance.... Is this BAD fOr SingTel ? |
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| 21-May-2010 16:44 |
Z-Obee
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Z-obee Potential Inverted Cup and Handle Formation
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MOBILEME SHOULD BE FREE ----------------------- Rumours have it that Apple's subscription-based Internet service MobileMe will soon be free. Stoking the rumour mill was last week's launch of the MobileMe Mail beta web application, which touts a new interface and improved performance.... Is this gOOd fOr Z-Obee ? |
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| 21-May-2010 16:39 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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ALL-TIME LOW RATES 'MAY OVERHEAT PROPERTY SECTOR' ------------------------------------------------- SINGAPORE - Interbank lending rates have fallen to all-time lows here and market watchers have raised concerns that cheap lending may lead to over-heating in the property sector. Responding to media queries at a Ministry of Trade... STi caught in a Severe Acute COLD Syndrome [SACS] |
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| 21-May-2010 16:36 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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What is Singapore's Weight ? SECRET ?
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| 21-May-2010 16:33 |
CapitaLand
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Capitaland
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ALL-TIME LOW RATES 'MAY OVERHEAT PROPERTY SECTOR' ------------------------------------------------- SINGAPORE - Interbank lending rates have fallen to all-time lows here and market watchers have raised concerns that cheap lending may lead to over-heating in the property sector. Responding to media queries at a Ministry of Trade... |
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| 21-May-2010 16:24 |
Genting Sing
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GenSp starts to move up again
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same Owner (Genting WOrld) and same business mOdel (CasinO & Entertainment) and same pOtential (prOfit in 1st Quarter)
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| 21-May-2010 16:19 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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Friday: 21 MAY 2010 4:18pm STi 2699 |
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