| Latest Forum Topics / Others |
 Post Reply
|
|
IMF & World Bank Meetings
|
|
|
billywows
Elite |
14-Aug-2006 12:47
|
|
x 0
x 0 Alert Admin |
Its a political thing again here, I guess ... I expect stocks to be up during this event -with a little help from PM Lee's wife (Temasek) too to stir the market. Lets wait and see .... :P |
| Useful To Me Not Useful To Me | |
|
singaporegal
Supreme |
14-Aug-2006 09:27
Yells: "Female TA nut" |
|
x 0
x 0 Alert Admin |
I'm not sure what effect the world bank meeting would have on the economy. 16,000 delegates may not make a large enough impact ... may just be a drop in the bucket compared to the hundreds of thousands of tourists every year. But its definitely a credibility boost to Singapore's image. But I think the markets will start waking up towards November-December period. Its been listless for the last 3 months or so already. |
| Useful To Me Not Useful To Me | |
|
|
|
|
billywows
Elite |
14-Aug-2006 07:48
|
|
x 0
x 0 Alert Admin |
With just slightly less than a month away from this huge financial event, road signs of road diversions are out yesterday eveing - saw a few at lavender street yesterday. And today paper's laid out quite alot of the road closures at the Suntec and Marina Square area. With 16,000 foreign delegates from 184 countries attending these events from 10th to 20th September, our economy will be boosted further from their spendings. Hmm ... its time to look into hotel, taxi and bus shares now? One thing for sure, STI will climb up during the event's period cos its bad omen if STI is listless or down during this is a huge financial event?! I suspect it will slowly climb from PM Lee's coming National Day rally speech. More goodies for us due to May's election victory. Lastly, with summer holiday ending soon, hedge funds will pour back into the markets after summer sell-off. Let's wait and see .... :) |
| Useful To Me Not Useful To Me | |