Friday, June 19, 2009
Thursday, June 18, 2009
Monday, June 15, 2009
Sunday, June 14, 2009
加油! Little Charmaine !~
Saturday, June 13, 2009
Great Soh Hong Wei Shopping at Jurong Point.... ALONE..
Thursday, June 11, 2009
Wednesday, June 10, 2009
SINGAPORE - Economists polled by the Monetary Authority of Singapore (MAS) now expect the domestic economy to shrink 6.5 per cent this year. This is worse than the 4.9 per cent contraction predicted in the previous survey in March. But the headline number is still at the more optimistic end of the government's forecast of a 6 to 9 per cent contraction. The 19 economists and analysts who took part in the latest quarterly survey also expect a jobless rate of 4.2 per cent by the end of the year, according to the survey released on Wednesday. This is slightly better than the 4.4 per cent unemployment rate forecast in March. Job cycles usually lag 2 to 3 quarters behind the economic cycle but economists are optimistic that the job situation will improve by year end. Economists said the worst may well be over for the Singapore economy, after the economy shrank 10.1 per cent on year in the first quarter. And the low base effect may well see the numbers improving from here on. "By the end of this year, we could see year-on-year gains in GDP. I think there is a chance that when we get the final 2009 data, it will be better than minus 6," said Robert Prior-Wandesforde, senior Asian economist at HSBC. The survey said the construction industry is set to grow about 16 per cent this year, compared with last year. But the median forecast is for manufacturing to decline 14 per cent on year and for financial services to shrink 4.1 per cent. "Some of the key data we should keep an eye on is exports and industrial production numbers. These two numbers will have very strong implications on the manufacturing sector," commented Irvin Seah, economist at DBS Bank. "I think the big turnaround from here will be in the industrial sector, the manufacturing sectors of the economy which will be lifted by an improvement in trade. We have seen the bottom of the industrial cycle and that in turn means we have seen the bottom of the economic cycle. So industry will begin to recover and then finally, services after that," said Prior-Wandesforde. The survey of 19 economists also reinforced recent views that the economic recovery is expected to gain traction from the second half of this year. According to preliminary predictions, GDP will grow 4.2 per cent in 2010, higher than the 3.3 per cent prognosis made in the March survey. DBS thinks the better numbers could result in consumer inflation rising to 1.5 per cent next year. The survey also expects the consumer price index for 2009 to fall 0.5 per cent, compared with expectations for a 0.2 per cent rise reported in the March survey. On the Singapore dollar, the economists expect the US dollar to fetch S$1.466 at the end of the year, compared with S$1.560 forecast in the previous survey. - CNA/ir/ls
Monday, June 8, 2009
Sunday, June 7, 2009
Friday, June 5, 2009
Air France crash mystery deepens Posted: 05 June 2009 1648 hrs
FERNANDO DE NORONHA, Brazil : The mystery surrounding the crash of an Air France plane off the coast of Brazil deepened after Brazilian officials said items they had pulled from the sea were not in fact debris from the downed Airbus. The search by ships for wreckage from Air France flight AF 477, which came down early Monday as it was flying from Rio de Janeiro to Paris with 228 people on board, continued in a zone where confirmed items from the plane had been spotted earlier in the week. "Up to now, no material from the plane has been recovered," Brigadier Ramon Cardoso, director of Brazilian air traffic control, told reporters in the northeastern city of Recife late Thursday. That contradicted a statement Cardoso made earlier Thursday when he said a pallet and two buoys plucked from the Atlantic by navy crews were the first pieces of the Air France crash. In fact, Cardoso admitted later, they were nothing more than sea "trash," probably from a ship, as was a big oil patch originally described as a fuel slick from the French jet. Several Brazilian navy vessels are looking for debris from the plane, including a seat and a big chunk of what appeared to be fuselage, sighted by air force aircraft on Tuesday and Wednesday. Defense Minister Nelson Jobim has said there was "no doubt" that the debris spotted from the air came from flight AF 477, and that they marked the area close to where the plane hit the ocean. The French government, which is in charge of the probe into the crash, has sent investigators to Brazil to inspect any debris that could be recovered from the zone, around 1,000 kilometers (600 miles) off-shore, and take them back to France. Speculation over what caused the accident has ranged from a massive, lightning-packed storm in the area at the time, to turbulence, to pilot error or a combination of factors. No mayday call was received from the plane, just a series of data transmissions signaling it had lost power and then had either broken up or gone into a fatal dive. Memorial services were held Wednesday in Paris and Thursday in Rio for those on board the plane, though no bodies have been spotted at sea. Many relatives of the passengers attended, but others declined, refusing to give up hope that somehow, despite the evidence, their loved ones had survived. Brazil's air force late Thursday invited the Brazilian relatives to its center of operations in the northeastern city of Recife to observer developments. Some of the relatives have said they wanted to go to Fernando de Noronha, a Brazilian archipelago 400 kilometers (250 miles) into the Atlantic that is serving as a forward base for the search and initial collection point for any debris or bodies that might be recovered. "There is no need to go to Fernando de Noronha because all the same information is available in Recife," a spokesman for the air force-run air control center said. The city has prepared a morgue and debris inspection area for anything found. Jobim said Wednesday that "if necessary, the air force may possibly organize an overflight of the search zone" for the families. - AFP/vm
Tomorrow weekends, i plan to go out have a walk.. (since i finished my 2 tests..) LoL ! =)