These are the Singapore content on UOBKH Regional Notes. Go to your online trading, under research section, to read the details. Do read the Technical on STI direction.

SINGAPORE
Economics
GDP- 1Q08
Singapore economy accelerated d 6.7% yoy in 1Q08 on construction, manufacturing and services.

Sector
Property - Residential
Draft Master Plan 2008 focuses on decentralisation.

REITs
Rating agencies tend to lag the equity market. Investors should take the opportunity to accumulate
Singapore REITs to lock in the attractive yields.

Technical Analysis
Singapore Bourse
DJIA forms a bearish wedge. FSSTI to weaken towards 2,940.