Monday, December 28, 2009

Market Daily -- 28th Dec 09

4. Keppel Land: Bought China Land Site For CNY884 Million

3. Singapore MTI: To Extend Business Finance Schemes By Another Year
Singapore: To Guarantee Up To S$8.4B New Loans Till Jan 2011
Singapore: Economy Recovering, To Revise Terms Of Finance Scheme
Singapore: New Financing To Come From Budget, Not Reserves

2. Asean+3 To Launch $120B Currency Swap Facility On March 24
Chiang Mai Pact Upgrades Previous Initiative
Chiang Mai Money For Use In Liquidity Crises
Chiang Mai Fund Expanded To $120 Billion From $78 Billion
Countries Can Tap Chiang Mai Funds For Up To 720 Days
Most Of Chiang Mai Money To Come From Japan, China, S Korea
PBOC: China Contributes $38.4 Bln To Chiang Mai Fund
PBOC: China Contribution Accounts For 32% Of Chiang Mai Fund
Singapore Contributing US$4.77 Billion To Chiang Mai Fund

1. Olam Target Raised To S$3.04 Vs S$1.59 By Daiwa