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Friday March 28, 8:03 AMPRESS DIGEST - Singapore newspapers - March 28SINGAPORE, March 28 (Reuters) - The following are stories from Singapore newspapers on Friday. Reuters has not verified these stories.THE STRAITS TIMES - Prime Minister Lee Hsien Loong may be about to announce a cabinet reshuffle. - Singapore's economic growth could slow to 3 per cent this year if a recession hits the United States in these few months, economists at Nanyang Technological University (NTU) said. - A man who was caned three times more than what he was sentenced to by the courts has sued the Singapore Prison Service and the Home Affairs Ministry. - Singapore's Foreign Ministry said it has noted Taiwan President-elect Ma Ying-jeou's wish to resume talks regarding a free trade agreement with the city-state, but says it has not been approached officially. THE BUSINESS TIMES - Fresh from a rebranding exercise, RBS Coutts, the private banking arm of Royal Bank of Scotland is gearing up to expand in Singapore. - Temasek Holdings' fund management unit says investors have passed "the point of maximum fear" amid the global credit squeeze. Fullerton Fund Management sees the U.S. Federal Reserve's decision to rescue Bear Stearns as a turning point in the crisis. |
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