Article: SINGAPORE NEWSPAPER HIGHLIGHTS - FEB 13, 2009.

SINGAPORE, Feb 13 Asia Pulse - Highlights of today's newspapers:

BUSINESS TIMES:

- The new sharply reduced COE quota could lead to a shakeout in the motor industry and drive some brands off the road, say distributors. But they add that it could also make some marques stronger.

- Singapore Land and its parent United Industrial Corporation (UIC) yesterday posted full-year losses on the back of fair-value losses on investment properties.

- Shipping magnate CK Ow's Stamford Land Corporation Ltd has pre-leased an office tower in Perth to a subsidiary of Chevron Corporation.

- Higher operating expenses put the brakes on ...

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