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PRESS DIGEST - Singapore newspapers - Oct 28

Mon Oct 27, 2008 8:41pm EDT

Stocks

   

SINGAPORE, Oct 28 (Reuters) - The following are stories from Singapore newspapers on Tuesday. Reuters has not verified these stories.

THE STRAITS TIMES

- The deepening global financial crisis has hit the outlook for Singapore's construction sector, even as current demand is at a record high, contractors said.

- Standard Chartered (STAN.L) warned banks across many parts of the world will see rising loan impairments as the current credit crisis seeps into the real economy.

BUSINESS TIMES

- The continued financial turmoil coupled with liquidity pumping have led to strong performance among bond funds in recent weeks.



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