Singapore  - Singaporean President SR Nathan and Prime Minister Lee Hsien Loong will take a 19 per cent salary cut next year, leading a civil-service-wide downward salary adjustment to offset the impact of the global financial crisis, local media reports said Tuesday.

The president and prime minister would earn 3.14 million Singapore dollars (2.07 million US dollars ) and 3.04 million Singapore dollars (2 million US dollars) with the cuts in
2009.

Singapore - Singapore Exchange Limited (SGX) said it signed a consultancy agreement with the Bahrain Stock Exchange (BSE) on Monday.

SGX said its wholly owned subsidiary SGX-International would provide overall guidance on the management and operations of BSE through training and knowledge transfer which would help enhance the Manama-based bourse's competitiveness in the region by increasing its operational efficiency.

Singapore - Singapore share

Singapore - A Singapore father was sentenced to 28 years in jail and 28 strokes of the cane for raping his teenage daughter 23 times, a newspaper reported Saturday.

"As her father, you should have protected her," High Court Judge Woo Bih Li was quoted by the Straits Times as telling the 39-year-old. "Instead, you engaged in a campaign of sexual abuse against her."

Singapore - Singapore shares rose Friday, making a technical turnaround on news of the government's financial support to local businesses.

The Straits Times Index rose by 2.67 per cent or 43.12 points to close at 1,657.07.

The Singapore Exchange closed with 208 gainers against 182 losers in thin trading, with volume of 934.8 million shares.

Analysts and economists said the market regained some ground after having been on the downward trend for the week.

Singapore - Singapore further downgraded its economic growth forecast to 2.5 per cent for this year, down from 3 per cent previously forecast, the Ministry of Trade and Industry (MTI) said on Friday.

Singapore had in October revised this year's growth to 3 per cent, down from an earlier predicted 4 per cent and 5 per cent.

In 2009, the MTI sees Singapore's gross domestic product (GDP) ranging between a contraction of 1 per cent and growth of 2 per cent.

Singapore's GDP contracted by 0.6 per cent in year-on-year terms in the third quarter of 2008, said the MTI.