Singapore - The worst might be over for Singapore's economy, but a decisive rebound from recession is not in sight for 2009, the city-state's central bank said Wednesday. "With the current world economic downturn likely to be a prolonged one, Singapore's climb out of recession will be slow and gradual," the Monetary Authority said in a macroeconomic review.
The most intense phase of this downturn for Singapore might have already occurred, it said.
"Nonetheless, the domestic economy is not expected to stage a decisive rebound this year," the central bank said.
Singapore - Singapore stepped up measures to guard against the swine flu outbread and elevated the flu alert level from green to yellow after the World Health Organization decided to raise pandemic alert levels from phase 3 to 4.
Singapore - Singapore's Neptune Orient Lines (NOL), one of the world's leading container shippers, said Monday its cargo volume for the four weeks to April 3 slumped 22 per cent compared to the same period a year ago due to a decline in demand. From March 7-April 3, NOL moved 155,400 40-foot equivalent units (FEU), down from 
Singapore - A Singapore court Monday sentenced a man who masqueraded as an informant of al-Qaeda and sent bomb hoax and terrorist-related threats to five years in jail, media reports said. Josemaria Miguel Ye Yong Qiang, 40, sent a series of e-mails threatening bomb and rocket attacks on American and European airlines, the White House, Pentagon and US embassies between September 6 and 27 last year, the online edition of Straits Times newspaper reported.
Singapore - In light of the outbreak of swine flu cases in Mexiko and the United States since Monday all passengers arriving at Singapore's main Changi airport are being screened for flu symptoms.
Singapore - A Singapore court Friday sentenced a serial molester who sexually assaulted girls as young as nine to 32 years in jail, media reports said.
