The Business Times, 1 May 2008
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2008-05-01
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The Business Times
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Title Section22 2008-05-01 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg •■F* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Thursday, May 1,200822 words
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Article, Illustration903 2008-05-01 1 WONG WEI KONG - WONG WEI KONG MM Lee says Citi, ÜBS presented rare opportunity; explains transparency conundrum By [SINGAPORE] The Government of Singapore Investment Corp (GIC) may add more banks to its portfolio which already includes ÜBS AG and Citigroup Inc, but it stillBLOOMBERG - 903 words
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348 2008-05-01 1 S JAYASANKARAN - S JAYASANKARAN M'sian investment arm pumps another RM 1.23b into Spore healthcare group By in Kuala Lumpur MALAYSIAN state investment arm Khazanah Nasional said yesterday that it would buy an additional 16.41 per cent interest in Singapore healthcare group Parkway Holdings for RM1.23348 words
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MARKETS DIGEST
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Article28 2008-05-01 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONGKONG 5.25 INDONESIA 15.744 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.25 CANADA 4.75 SWITZERLAND 3.64 INDIA 12.25 Source:Bloomberg - 28 words
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Article49 2008-05-01 1 Wei Inesi iam KLCOMP 1,279.86 -3.79 NIKKEI 225 13,849.99 -44.38 HANG SENG 25,755.35 -158.80 SET INDEX 832.45 -1.18 JAKARTA COM P 2,304.52 +0.99 MANILA COMP 2,749.77 -4.52 SEOUL COMP 1,825.47 +13.96 SHENZHEN B 572.14 +12.66 MUMBAI IND 17,287.31 -91.15 12.06PM EDT Change 12,943.48 +111.54 DOW NASDAQ 2,440.67 +14.5749 words
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Article44 2008-05-01 1 uss SS US$ (S$ ler US$) 1.360 (US$/S$ ier£) 1.963 2.670 EURO (US$/S$/E) 1.556 2.116 YEN 104.10 76.50 RM 3.156 2.320 HK$ 7.794 5.730 BAHT 31.70 23.31 RUPIAH 9,232 6,787 RENMINBI 6.993 5.141 INDIAN RUPEE 40.41 29.71 A$ 1.071 0.787 NZ$ 1.288 0.94744 words
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Page 1 Advertisements
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Page 1 Miscellaneous
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Miscellaneous58 2008-05-01 1 BUSINESS FAREWELL TO COURT fgg EDB SURVEY BizlT EXCHANGE Packed gallery watches fi Business sentiment Samsung goes Opportunities in a titan's last submission J mmM m down sharply for more in TV inland China page 7 page 2 I 1 page 3 page 15 May Day Message Shoot for sustainable58 words
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TOP STORIES
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489 2008-05-01 2 CHUANG PECK MING - CHUANG PECK MING This will keep wage structure flexible for companies while providing help to workers, he says By [SINGAPORE] With the National Wages Council (NWC) now in session, Prime Minister Lee Hsien Loong has called on workers and489 words
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Article, Illustration670 2008-05-01 2 CHEN HUIFEN - CHEN HUIFEN Shanmugam in court one final time before taking over as law minister By [SINGAPORE] At 9.50 am yesterday, Senior Counsel X Shanmugam walked into Court 4B in the Supreme Court building in a crisp lo-cally-tailored suit and red tie. HeARTHUR LEE - 670 words
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THREE-MINUTE DIGEST
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67 2008-05-01 2 THE US economy limped through the first quarter of this year at only 0.6 per cent as housing and credit problems forced people and businesses alike to hunker down. Many analysts had predicted that the gross domestic product would weaken a bit67 words
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57 2008-05-01 2 CAPITALAND yesterday posted a 59.3 per cent year on year drop in Ql net earnings to $247.5 million, from $608.1 million in Ql 2007 when the bottom line had been boosted by a $426.8 million fairvalue gain from the sale of57 words
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68 2008-05-01 2 SINGAPORE Post posted a 10.6 per cent year on year fall in net profit to $34.5 million for the fourth quarter despite a 5.7 per cent rise in revenue to $119 million. But for the full year ended March 31, net profit climbed 6.868 words
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65 2008-05-01 2 THE Singapore stock market rebounded slightly in April, with overall capitalisation rising 3.73 per cent to $718.3 billion. This came after equities here lost $21.3 billion of their value in March amid uncertainty in global markets. 01am International, Singapore Exchange and65 words
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44 2008-05-01 2 THE United States may already be in a mild economic recession, but the impact on Asian economies should be "quite benign", the top Asian economist at credit rating agency Standard Poor's said yesterday. SINGAPORE NEWS, PAGE 744 words
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75 2008-05-01 2 THE Bank of Japan cut its economic growth forecast and predicted inflation would accelerate in a report that omitted a reference to raising interest rates for the first time in two years. The economy will grow 1.5 per cent in the year75 words
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35 2008-05-01 2 EARNINGS prospects for China's 1,500-plus listed companies have brightened after they posted better-than-forecast profits in the first quarter, bolstered by unexpectedly brisk economic growth. GREATER CHINA/INDIA, PAGE 1035 words
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73 2008-05-01 2 INDIA'S information technology and IT-enabled services industry will more than double in size by 2012, led by a fast-expanding domestic market, according to a report released yesterday. The industry's revenues, including those from export markets, will reach 5.3 trillion rupees73 words
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385 2008-05-01 3 EDB survey shows net weighted 7% bearish on prospects from April to Sept [SINGAPORE] While output and economic activity were robust in the first quarter, business sentiment fell sharply, particularly among manufacturers. The Economic Development Board's (EDB) latest quarterly survey of business expectations found a385 words
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Article, Illustration485 2008-05-01 3 LEE U- WEN - LEE U-WEN Q1 saw an unprecedented 68,400 jobs created By [SINGAPORE] The Singapore economy picked up more steam in the first quarter of 2008, with a record of 68,400 jobs created easily beating the previous highest quarterly rise of 64,400 in theBLOOMBERG - 485 words
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496 2008-05-01 3 AP LATEST US DATA Figure doesn't meet classic definition of recession [WASHINGTON] The United States' economy limped through the first quarter of this year at only 0.6 per cent as housing and credit problems forced people and businesses alike to hunker down. TheAP - 496 words
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Article, Illustration377 2008-05-01 3 [HONG KONG] After enduring almost a month of worldwide protests over the Olympic torch relay, China's leaders are now more concerned about demonstrations at home that take their side. With anonymous Internet and text messages urging a May Day boycott ofREUTERS - 377 words
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625 2008-05-01 3 CONRAD TAN - CONRAD TAN Construction activity expected to grow strongly at least for the rest of the year By [SINGAPORE] Bank lending accelerated in March to its fastest pace in more than 16 years, led by a sharp rise in loans to the building and625 words
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Page 2 Advertisements
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Advertisement661 2008-05-01 2 a-i ASCENDAS INDIA TRUST (Registration Number: *****04) (a business trust registered under the Business Trusts Act, Chapter 31A of Singapore) To: The unitholders of Ascendas India Trust Dear Sir/Madam NOTICE OF BOOKS CLOSURE AND PAYMENT DATE FOR DISTRIBUTION FOR THE PERIOD FROM 1 OCTOBER 2007 TO 31 MARCH 2008 1.661 words
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COMPANY NEWS
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Article, Illustration659 2008-05-01 4 KALPANA RASHIWALA - KALPANA RASHIWALA Q1 net earnings fall 59%; assets under management rise to $19.1b By I PROPERTY giant CapitaLand yesterday posted a 59.3 per cent year-on-year drop in first-quarter net profit to $247.5 million, from $608.1 million in Ql 2007 when the bottom: Capita Land - 659 words
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316 2008-05-01 4 EMILYN YAP - EMILYN YAP By ASCENDAS India Trust (A-iTrust) yesterday reported net property income of $60.5 million for the 12 months ended March 31, 2008 up 51 per cent from $40.2 million the year before. The improvement was driven by a 50 per cent jump in property income316 words
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Article357 2008-05-01 4 OH BOON PING - OH BOON PING By CONTRACT manufacturer Hi-P International has reported a 63.7 per cent rise in net profit to $24.7 million, with sales rising 35.3 per cent to $270 million for its first quarter ended March 31. Basic earnings per share rose to357 words
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Article, Illustration491 2008-05-01 4 JOANNE CHIEW - JOANNE CHIEW But full-year net earnings rise 6.8% to $149.3 m By SINGAPORE Post posted a 10.6 per cent year-on-year fall in net profit to $34.5 million for the fourth quarter despite a 5.7 per cent rise in revenue to $119 million. ButFILE PHOTO - 491 words
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Article, Illustration531 2008-05-01 4 VINCENT WEE - VINCENT WEE By STUNG by previous sharp reactions to adverse news about contracts, Cosco Corp (Singapore) has instituted a new policy of not announcing newbuilding contracts till after the first instalment has been paid. The solitary order cancellation for a US$2O2531 words
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407 2008-05-01 4 ARTHUR SIM - ARTHUR SIM By CDL Hospitality Trusts (CDLHT) has announced income available for distribution of $23.6 million for Ql 2008, a 91.5 per cent increase over the corresponding quarter last year. CDLHT, a stapled group comprising CDL Hospitality Real Estate Investment Trust (H-Reit) and CDL407 words
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Article141 2008-05-01 4 Q1 results ended March 2008 NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT PREVIOUS (S$m) (S$m) CHNG 1 CapitaLand 247.47 I 608.13 -59.3 631.27 637.02 -0.9 2 CoscoCorp 83.88 41.95 99.9 717.66 355.79 3 CDLHTrust 23.56 12.31 91.5 27.89 17.98 101.7 55.1 4 FinaOne 11.27 12.94 -12.9 75.34141 words
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231 2008-05-01 5 CHEW XIANG - CHEW XIANG By KEPPEL Land said yesterday that it is developing a waterfront residential project in China's Pearl River Delta region. Keppel Land is taking an 80 per cent stake in Sunseacan Investment, a Hong Kong company that will undertake the development. The231 words
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238 2008-05-01 5 Bloomberg [JAKARTA] PT Astra International, Indonesia's biggest publicly traded company by sales and 50 per cent owned by Singapore's Jardine Cycle Carriage Ltd, said first-quarter profit rose 76 per cent on higher car and motorcycle sales and rising palm oil prices.Bloomberg - 238 words
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705 2008-05-01 5 OH BOON PING - OH BOON PING Gain of $25.84b in April comes after loss of $21.3b in March By THE Singapore stock market rebounded slightly in April, with overall capitalisation rising 3.73 per cent or $25.84 billion to $718.3 billion. This came after equities here705 words
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COMPANY BRIEFS
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Article80 2008-05-01 5 Bloomberg SUNTEC Real Estate Investment Trust, one of Hong Kong billionaire Li Ka-shing's two property trusts in Singapore, said it wiU distribute 5537.6 million to investors for the second quarter ended March 31 after rents at its properties rose. This is 34.2 per cent higher thanBloomberg - 80 words
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53 2008-05-01 5 DBS Group Holdings has appointed new chief executive Richard Stanley as a director of the group. He joins the bank today, replacing Jackson Tai who stepped down at the end of last year. Mr Stanley, 47, was Citigroup's country officer for China,53 words
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81 2008-05-01 5 WELL-KNOWN former banker Elizabeth Sam, 69, has been appointed an independent director of The Straits Trading Company. Mrs Sam previously held senior positions in the Ministry of Finance, the Monetary Authority of Singapore, and OCBC Bank. The company also announced the appointment of David Goh81 words
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40 2008-05-01 5 EXCELPOINT Technology has reported a 19.3 per cent year-on-year drop in net income to US$ll3,OOO even though sales rose 10.2 per cent to U*****.6 million for the first quarter ended March 31, 2008.40 words
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Page 4 Advertisements
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Advertisement350 2008-05-01 4 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE C.W.U. OS No. 31 of 2008/P In the Matter of the Companies Act (Cap 50) And In the Matter of Aussea Organics Pte Ltd (RCB No. *****9496H] AUSSEA ORGANICS PTE LTD (RCB No. *****9496H) Applicant ADVERTISEMENT OF WINDING UP APPLICATION Notice350 words
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Page 5 Advertisements
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Advertisement50 2008-05-01 5 PROPERTY DEVELOPMENTS I PROPERTY SERVICES /tin i£ <&^* w*% v (MM 1J L XJ #fci i£ I Arfl R Ri til &J |^^^^^m^mmiSl3H BRDB I BANGSAR pJ^J BANDAR RAYA DEVELOPMENTS BERHAD 31 st Fir, Menara Multi-Purpose, Capital Square, No 8, Jin Munshi Abdullah, ***** XL T :+603 2697 8787/2694 737050 words
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SINGAPORE MARKETS
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Article, Illustration584 2008-05-01 6 R SIVANITHY - R SIVANITHY STOCKS Same old themes in play penny speculatives, China and commodity stocks V ILL the US Federal Reserve cut its shortterm funds rate by the expected 25 basis points at its Wednesday Federal Open Market Committee meeting? If it does, what cluesBloomberg - 584 words
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Article98 2008-05-01 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 113 0 0 0 3 113 lanufacturing 66 57 58 10 14 75 67 72 Commerce 19 27 20 23 28 29 )t/Stor/Comms 12 16 14 16 ■inance 11 15 11 16 instruction 11 1498 words
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Article111 2008-05-01 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 38,347 38,347 275,027 275,027 lanufacturing 325,758 81,741 407,499 331,711 6,527 338,237 lommerce 43,759 2,942 46,701 86,720 448 87,168 'pt/Stor/Comms 121,839 956 122,795 391,981 285 392,267 :i nance 54,796 2,505 57,301 535,602 501 536,103 lonstruction 36,440 4,432 40,872 9,125 554111 words
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Article107 2008-05-01 6 lapitaLand 6.790 -0.180 Olam 2.680 +0.010 lapitaMall 3.480 -0.020 S IA 16.000 -0.160 jtyDev 12.100 -0.340 SGX 8.590 +0.130 losco Corp 3.160 +0.080 SIAEngg 4.250 -0.090 IBS Grp 19.860 -0.020 SPH 4.450 -0.040 :&N 4.780 -0.070 ST Engg 3.220 -0.190 Sent Intl 0.610 +0.005 SembCorp Ind107 words
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Article, Illustration880 2008-05-01 6 CONRAD TAN - CONRAD TAN Indofood Agri Resources April 30 close: 552.37 CIMB-GK Research, April 30 Ql 2008 core net profit was above market and our expectations, making up 37 per cent of consensus and our full-year forecasts. The bet-ter-than-expected results were due to stronger oil-palm fresh fruit bunch (FFB) production: Bloomberg - 880 words
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Article, Illustration515 2008-05-01 6 LARRY WEE - LARRY WEE THE US dollar held its own in Asian trading yesterday, brushing aside more bad news from the US housing sector overnight. News that a Case-Schiller US house price index had suffered a record-size fall dented Wall Street a little, but■: Reuters - 515 words
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Article57 2008-05-01 6 Apr 30 VALUE CLOSE 347.00 -87.00 BT OB/OS BT CADI -*****.00 -12.00 BT 10-day MA -*****.00 +34.00 FTSE ST Mid Cap 802.37 -1.48 FTSE ST Small Cap 666.51 +0.67 FTSE ST All Share 803.94 -4.48 FTSE ST China 480.84 +5.46 UOB Catalist 151.18 +2.85 SIMSCI 390.54 -2.3757 words
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Article60 2008-05-01 6 VOLUME Jade Tech 55,023,000 Golden Agri 53,496,000 Sing Tel 43,328,000 China Honqxinq 36,581,000 CoscoCorpDßeCWoBo929 30,526,000 ChinaEnerqy 30,119,000 CoscoCorpMEßeCWoBo9lB 28,623,000 CoscoCorpMßl_eCWoBloo2 28,391,000 Cosco Corp 27,248,000 UniFiber 23,272,000 VALUE(S) Keppel Corp 214,717,482 Sing Tel 168,995,530 OCBC Bk 147,781,390 DBS Grp 146,425,643 UOB 132,763,127 Capita Land 110,303,795 SGX 87,132,695 Cosco60 words
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Article96 2008-05-01 6 CLOSE UP India Ni 10 1766 36.0 2.1 ISH 1734 19.0 0.: ;gx 859 13.0 1. T&T 535 12.0 2. ;GXMBI_iCW*****0 297 12.0 4., >scendasreit 257 11.0 4. ilanBNPeCW/***** 77.5 11.0 16. Sembawani 950 10.0 1.1 'arkwa' Hid 350 10.0 2. law Par Cor| 750 9.0 1.. BY PERCENTAGI96 words
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Article113 2008-05-01 6 CLOSE DOWN LD 10US$ 8570-258.3 -2.2 DBS Bk6% NCPS 10 *****-228.0 -2.0 At 1210 -34.0 -2.7 ;tei 322 -19.0 -5.6 i Land 679 -18.0 -2.6 ilanMBLiCW***** 276 -18.0 -6.1 ;txpokwioo 337 -17.0 -4.8 filmar 461 -17.0 -3.6 IMH 3074 -16.3 -0.4 I A 1600 -16.0 -1.0 BY PERCENTAGE CLOSE113 words
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Article83 2008-05-01 6 Where S! stands Apr 30 %CHNG CLOSE FRApr29 YR2008 S$ LOW S$ HIGH uss 1.3610 -0.11 1.4542 1.3457 Euro 2.1151 0.02 2.2064 2.0474 Pounds 2.6779 0.38 2.8431 2.6568 AS 1.2706 -0.15 1.3235 1.2349 Yen* 1.3070 -0.23 1.4484 1.2832 Rupiah* 0.***** -0.06 0.***** 0.***** Baht* 4.2920 -0.11 4.4299 4.2620 Peso*83 words
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SINGAPORE NEWS
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500 2008-05-01 7 CONRAD TAN - CONRAD TAN But high energy and food price inflation poses a significant threat to outlook By THE United States may already be in a mild economic recession, but the impact on Asian economies should be "quite benign", the top Asian economist at credit500 words
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Article, Illustration454 2008-05-01 7 WEE JUN KAI - WEE JUN KAI Inland regions are opening up, business forum told By DEVELOPMENT is spreading wave-like across China, beginning in Beijing or Shanghai 10 years ago and has now reached sec-ond-tier cities, a business exchange forum was told yesterday. Minister of State forLIANHE ZAOBAO - 454 words
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292 2008-05-01 7 AS the next phase of the Integrated Government 2010 (iGov2010) Masterplan kicks in from today, suppliers billing the government are now required to submit their invoices iyThe expanded e-invoice system allows suppliers to submit e-invoices to government ministries and statutory boards via292 words
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164 2008-05-01 7 SEVENTY-SIX per cent of people are satisfied or very satisfied with the service they get at public hospitals and polyclinics, a survey commissioned by the Health Ministry has found. Satisfaction has risen, improving from 71 per cent in 2006 and 69 per cent164 words
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441 2008-05-01 7 RONNIE LIM - RONNIE LIM By UK's BG Group which was appointed Singapore's liquefied natural gas (LNG) buyer just a fortnight ago is now bidding to buy Australia's Origin Energy for A 512.9 billion (5516.5 billion), as it seeks to boost sales of LNG to441 words
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Article, Illustration243 2008-05-01 7 THE chief executive of Spring Singapore, Loh Khum Yean, relinquishes his position today to join the Ministry of Trade and Industry. Mr Loh, a Public Service Commission scholar, studied economics in Japan and obtained a Master in Public Administration from Harvard243 words
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Page 7 Advertisements
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Advertisement8 2008-05-01 7 ■l^ ■■in M i 1 i J WWW.EJiBXO9I3.COM8 words
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Advertisement29 2008-05-01 7 [#>' News ZM Images fsl Directory f People j(J) Maps One search, all results. Neatly arranged in 6 categories. Find whatever you're looking for in Singapore. red io.sg FIND MORE29 words
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ECONOMY WATCH
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Article, Illustration580 2008-05-01 8 No quick fixes, he says; Democrats say he favours oil giants [WASHINGTON] With consumer confidence falling and gasoline and food prices at record highs, US President George W Bush delivered an unusually dark assessment of the economy on Tuesday, saying theAP - 580 words
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409 2008-05-01 8 Bloomberg Central bank says outlook for economy and prices is highly uncertain [TOKYO] The Bank of Japan cut its economic growth forecast and predicted inflation would accelerate in a report that omitted a reference to raising interest rates for the first timeBloomberg - 409 words
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Article8235 2008-05-01 8 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.921/ Star Europe Bond 1.19/ Star Europe Bal 1.156/ Star Asian Tiger Eqty 1.392/ Star Asia Bond 1.177/ Star Asia Balanced 0.969/ Star Global Technology Fund!** 0.195/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.865/ Gib Multi St USD8,235 words
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MALAYSIA/INDONESIA
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Article, Illustration600 2008-05-01 9 PAULINE NG - PAULINE NG Abdullah came across confident in first parliamentary session since polls By in Kuala Lumpur AFTER Malaysia's March 8 general election led to a fourfold increase in the number of opposition members of Parliament, a joke making the rounds was thatREUTERS - 600 words
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262 2008-05-01 9 Reuters [KUALA LUMPUR] Hong Kong media group Media Chinese International, formerly known as Ming Pao, made a weak debut as Malaysia's first dual-listed firm yesterday. The company is the result of a cross-border merger agreed last year. The Malaysia-listed shares in MediaReuters - 262 words
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434 2008-05-01 9 Bernama [KUALA LUMPUR] RHB Islamic Bank aims to secure about RM4OO million (*****.8 million) worth of deposits and financing from 500 high net-worth women this year from its new Az Zahra Privilege Ladies Banking service. "It is about 20 per cent of– Bernama - 434 words
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Article, Illustration102 2008-05-01 9 [JAKARTA] Indonesians lining up here yesterday for cheap cooking oil sold by the government to counter recent soaring prices in the local market. Indonesia is likely to overtake Malaysia as the world's top palm oil producer this year, due to the dramatically increased area under plantation.REUTERS - 102 words
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400 2008-05-01 9 Bloomberg [JAKARTA] Investors should buy Indonesian rupiah-denominated bonds due in less than two years and more than 15 years to minimise losses should interest rates rise, according to PT Bank Danamon. The so-called barbell strategy involves a portfolio with securities atBloomberg - 400 words
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Article262 2008-05-01 9 Bloomberg [JAKARTA] PT Gudang Garam, Indonesia's secondlargest cigarette maker, said first-quarter profit fell 17 per cent after an increase in excise tax led to the lowest profit margin in 14 years. Net income fell to 336.1 billion rupiah (5548.5 million) in the three monthsBloomberg - 262 words
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Page 9 Advertisements
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Advertisement114 2008-05-01 9 Lianhe Zaobao I speakers I share their views IN THE MAnER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF BP CHINA PTE LTD Co. Reg. No. *****3939K (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act,114 words
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GREATER CHINA/INDIA
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Article, Illustration559 2008-05-01 10 Reuters Listed companies likely to report median profit growth of 25% [SHANGHAI] Earnings prospects for China's 1,500--plus listed companies have brightened after they posted better-than-forecast profits in the first quarter, bolstered by unexpectedly brisk economic growth. Six fund managers and securities analysts surveyedReuters; AP - 559 words
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314 2008-05-01 10 AFP Growth will be led by domestic market: research firm [BANGALORE] India's information technology and IT-enabled services industry will more than double in size by 2012, led by a fast-expanding domestic market, according to a report released yesterday. The industry'sAFP - 314 words
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246 2008-05-01 10 Reuters [BEIJING] China's largest state-owned enterprises (SOEs) have been told to cut spending and borrowing as preparation for harder times, Caijing magazine reported on its website yesterday. "From now on, you have to tighten spending, and you should be preparedReuters - 246 words
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Article, Illustration230 2008-05-01 10 ■AP [HONG KONG] The Olympic torch returned to Chinese soil yesterday after a turbulent 20-nation tour, landing in the bustling financial capital of Hong Kong, where officials deported at least seven protesters before the flame's arrival. A marching band and flag-waving children in red■AP; AP - 230 words
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557 2008-05-01 10 Reuters Developers looking to fill shortfall of" 150,000 rooms [MUMBAI] Developers are rushing to build hotels in India to fill an estimated shortfall of 150,000 rooms, but rising financing, land and construction costs could dent profits for many of them. With room ratesReuters - 557 words
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Article2234 2008-05-01 10 tpr 30 RM Cooo] ASM Realty 0.56 \bric Bhd 0.20 advance Synergy 0.13 Adventa Bhd 1.31 Ae Multi Hldgs 0.22 Win Holdings 2.04 Ahmad Zaki Resou 1.00 AicCorp 0.51 Airasia Bhd 1.26 Akn Technology 0.54 alliance Financi 3.10 aluminium Co 1.02 Amalgamated Ind 0.45 Ammb Hldgs Bhd 3.762,234 words
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ASIA-PACIFIC/WORLD
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Article, Illustration509 2008-05-01 11 Bloomberg He needs the tax to prevent a 2.6t yen per year revenue shortfall [TOKYO] Japanese Prime Minister Yasuo Fukuda's ruling coalition pushed through revenue bills that will reinstate a petrol tax, escalating tension with the opposition Democratic Party of Japan (DPJ).Bloomberg; REUTERS - 509 words
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321 2008-05-01 11 AFP [BANGKOK] Thailand's prime minister said yesterday his country had agreed in principle to form a rice price-fixing cartel with Myanmar, Laos, Vietnam and Cambodia as costs of the staple grain rocket. The grouping of Mekong nations would be similar toAFP - 321 words
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Article, Illustration468 2008-05-01 11 Clipper Ventures WITH more than 2,000 nautical miles still to go in Race 9, New York and Glasgow: Scotland with style Clipper appear to be glued together at the front of the fleet. New York has sailed well over the last 24 hours, briefly edging ahead ofClipper Ventures; ■: ONEDITION | - 468 words
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267 2008-05-01 11 -AFP [TOKYO] The founder of one of Japan's top retail groups marked his 84th birthday yesterday with news he plans to give US$57 million worth of group shares to employees to thank them. Masatoshi Ito, who is currently honorary chairman of the group-AFP - 267 words
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608 2008-05-01 11 Bloomberg [HOUSTON] Descendants of John D Rockefeller want the company he founded, ExxonMobil Corp, to spend more money on alternatives to crude oil and cut greenhouse-gas emissions from its refineries and fuels. Rockefeller family members, including Neva Rockefeller Goodwin, a greatgranddaughter of theBloomberg - 608 words
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Article, Illustration673 2008-05-01 11 ■AP [NEW YORK] Albert Hofmann, the father of the mind-altering drug LSD whose medical discovery grew into a notorious "problem child", died on Tuesday. He was 102. Hofmann died of a heart attack at his home in Basel, Switzerland, according to Rick■AP; AP - 673 words
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WORLD
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Article, Illustration770 2008-05-01 12 -AP With eye on national election, lawmakers bicker as threats to economy grow [WASHINGTON] Americans are pumping their paycheques into their gas tanks, and the economy is in a stall. Food scarcities threaten governments overseas and spark hoarding at home. Foreclosures are up, home-AP; REUTERS - 770 words
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Article, Illustration413 2008-05-01 12 Reuters, Bloomberg [LONDON] Prime Minister Gordon Brown said Britain will fare better than the US as the global economy slows. "We can come through this as a country, whereas America is probably in recession now," Mr Brown told BBC RadioReuters,; Bloomberg; AP - 413 words
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436 2008-05-01 12 Bloomberg [NEW YORK] Freddie Mac increased chairman and chief executive officer Richard Syron's pay by 24 per cent last year as its stock fell by half, according to a proxy statement from the government-chartered mort-gage-finance company.– Bloomberg - 436 words
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Article, Illustration338 2008-05-01 12 -AP Anonymous bidder claims historic item [DUBAI] A necklace made up of 1,888 pearls that once belonged to the Arab world's most famed singer was sold on Tuesday for more than US$l million at an auction in this rich Gulf emirate,-AP; AFP - 338 words
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622 2008-05-01 12 ■AP Says comments give comfort to those who prey on hate [WASHINGTON] After weeks of defending the Reverend Jeremiah Wright's good works, Barack Obama heaved his former pastor overboard, hoping to end weeks of damaging controversy that was threatening to sink his historic bid■AP - 622 words
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AVIATION
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681 2008-05-01 13 Bloomberg 10-15% increase expected in highdemand season due to jet fuel price hike [DALLAS] US consumers will pay more to fly this summer than in 2007 and find fewer seats as carriers including American Airlines and United Airlines struggle with a 63Bloomberg - 681 words
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399 2008-05-01 13 Bloomberg [DUBAI] Emirates, the biggest Arab airline, said full-year profit climbed to a record US$l.4 billion as it increased passenger and cargo traffic with new routes to cities including Houston and Toronto. Net income in the 12 months ended March 31 jumped 61Bloomberg - 399 words
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306 2008-05-01 13 AFP [TOKYO] All Nippon Airways (ANA), Japan's second-largest carrier, said yesterday its annual net profit roughly doubled to a record high as gains on the sale of its hotels easily offset the impact of high fuel costs. ANA, which hasAFP - 306 words
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231 2008-05-01 13 Reuters [WELLINGTON] National carrier Air New Zealand said yesterday it will lift domestic fares by an average 3 per cent due to record high fuel prices. Air NZ last lifted domestic fares by 3 per cent in March but said anotherReuters - 231 words
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Article, Illustration352 2008-05-01 13 ■AP [HONOLULU] A loaf of Love's Bakery bread is a slice of life in Hawaii, as familiar to residents and tourists as flip-flops and aloha shirts. So there was no way residents would be deprived of their daily staple even if it meant■AP; AP - 352 words
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Article2441 2008-05-01 13 AIRLINE CODES: AA Amencan Airiines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co(t™,,, u^ u U a uu^,, tJ Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR2,441 words
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Page 13 Miscellaneous
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Miscellaneous362 2008-05-01 13 CRYPTIC CROSSWORD ACROSS 5 Found at the end of the month, a very old sort of 9 i^^B^T" i I■■■■■■■■! _^J_^^__^J_^^J^^J_^J_^J_ 9 Soldier in side running i^M I I around courtyard (8) TF~^| commodation (6) *^M I I j^J j^| 12 Left in the middle of wood somewhere in Portugal362 words
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SHIPPING/AVIATION
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Article, Illustration451 2008-05-01 14 Bloomberg Taiwanese firm says higher fuel costs erode gains from rising cargo rates [TAlPEl] Evergreen Marine Corp, Asia's largest container line, boosted first-quar-ter profit 4.9 per cent as higher fuel costs eroded gains from rising cargo rates. Net income rose to NT$367Bloomberg; FILFE PHOTO - 451 words
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659 2008-05-01 14 Bloomberg [NEW YORK] Overseas Shipholding Group, the largest US-based oil-tanker owner, said first-quarter profit rose 33 per cent on higher rates for shipments. Net income was U*****.4 million, or US$3.6O a share, from US$B4.7 million, or US$2.l6, a year earlier, the New York-based companyBloomberg - 659 words
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468 2008-05-01 14 Bernama [DUBAI] Dubai International Airport overtook Singapore's Changi in the first quarter to become the sixth-busiest airport worldwide, latest industry figures show. The growing number of passengers in Dubai, which reached 9.34 million in the first three months of the year, underlined calls byBernama - 468 words
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185 2008-05-01 14 Reuters [MOSCOW] Russia's top privately owned freight rail operator, Globaltrans Investment, said yesterday it will raise U*****.4 million from its London initial public offering (IPO), valuing the company at US$l.55 billion. "The offering has given us access to the capital we need andReuters - 185 words
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Article, Illustration959 2008-05-01 14 ■AP [PHOENIX, Arizona] Though he is still merging workforces from his last airline deal, US Airways CEO Doug Parker has not stopped eyeing other carriers and thinking of the possibilities. He tried to woo Delta Air Lines last year, offering US$9.B billion in■AP; BLOOMBERG - 959 words
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TRANSPORT STOCKS
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Article102 2008-05-01 14 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.62 0.36 3.16 0.78 2.40 1.05 0.07 unch102 words
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Article36 2008-05-01 14 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.80 9.45 9.20 4.38 3.12 0.22 0.14 0.01 0.15 0.10 unch 0.02 -0.01 -0.01 263 533 1646 514 22 20 1036 words
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Article12 2008-05-01 14 ■oo 'recious Ship Regional Cont .24.40 .23.60 -0.40 -0.10 976 35112 words
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Article12 2008-05-01 14 '000 1PL Doil iingamas Cont .42.85 ...2.26 -0.75 unch 1151 83212 words
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Article21 2008-05-01 14 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.60 30.50 2.50 unch unch unch unch unch 36* 57! 40121 words
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Article19 2008-05-01 14 Evergreen Marine ...29.05 :irst Steamship 83.00 /Van Hai Lines 27.35 t'ang Ming Marine...23.65 0.45 3.00 0.35 0.65 r19 words
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Article37 2008-05-01 14 '000 'en :awasaki Hvy Ind ..268.00 3.00 ***** :awasaki Kisen ....1056.00 -55.00 7413 /litsubishi Hvy 482.00 4.00 ***** /litsui Eng&Sbldg...339.00 -9.00 ***** /litsuiOsk Lines ...1431.00 -28.00 ***** lippon Express 574.00 2.00 2664 lipponYusen 1010.00 -23.00 445237 words
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BizIT
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Article, Illustration688 2008-05-01 15 It eyes 60 per cent growth in 2008 after selling 100,000 units last year, reports WINSTON CHAI as he looks at statistics by market analyst GfK SAMSUNG steamrollered its way to the top of Singapore's television league with sales of 100,000 units last year. AndFILE PHOTO - 688 words
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Article, Illustration1116 2008-05-01 15 CHRISTOPHER LIM - CHRISTOPHER LIM <cool stuff> Ultra-mobile PCs slug it out for a piece of the action in a growing niche market By SMALL enough to chuck in a handbag, light enough to carry all day whichever piece of hype you choose, it's clear that the1,116 words
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Article, Illustration363 2008-05-01 15 WINSTON CHAI - WINSTON CHAI By RATHER than relying solely on credit cards, consumers in Singapore may soon have the option of using cash to top up their Skype accounts. The company is considering the possibility of adding loyal payment alternatives to make it more convenient for363 words
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EDITORIAL & OPINION
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484 2008-05-01 16 THERE were expectations that under a future president Hillary Clinton, the foreign policy unilateralism and jingoism that had led to the mess in Iraq would be replaced with a more steady approach to global affairs and that like her husband, she will be able to produce484 words
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Article, Illustration1056 2008-05-01 16 ANTHONY ROWLEY - ANTHONY ROWLEY ADB-linked study expected to throw up US$55O billion-a-year infrastructure poser I COULD not suppress a wry smile when I heard last week during a seminar in Tokyo that the Asian Development Bank (ADB) and its sister institution, the Asian Development BankAFP - 1,056 words
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Article, Illustration741 2008-05-01 16 ANDY MUKHERJEE - ANDY MUKHERJEE Bloomberg THE BOTTOM LINE ONE of the enduring mysteries of our times is how China has created capitalism out of thin air. Throughout history, countries have needed to secure private-property rights and impose limits on state power in order for entrepreneurs to take■ Bloomberg - 741 words
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Article, Illustration1297 2008-05-01 17 PETER COLLINS - PETER COLLINS The Economist With 70% of the population still living in the countryside, a successful rural economy is still the key to financial progress By NOTHING illustrates Vietnam's remarkable economic turnaround better than its farm sector. In the mid-1980s, with farm collectivisation going horriblyThe Economist; AP - 1,297 words
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Article, Illustration919 2008-05-01 17 LEON HADAR - LEON HADAR ONE of the central tenets of the US containment strategy during the Cold War was the belief in Moscow as well as in the capitals of America's allies across the Atlantic and the Pacific that in a crisis with the Communist powers,REUTERS - 919 words
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SINGAPORE STOCKS
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Article7446 2008-05-01 18 Transaction date: Apr 30 ligh !-wks Tel Low Code Company Sale ('000) High ■ow Buyer Seller C'vr P/E $mil 5716 1st Software i I 28 5 8 5 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30 12 1938 AEI Corp 25 7.5 1100 AEM 42 19.57,446 words
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Article81 2008-05-01 18 52-Wk Tel h Low Code Last Sale Vol ('000) Day lh Low Last Quote Buyer Seller Div GrYld C'vr Net MCap P/E $mil Hii Comi Hii 200 116 6065 Diamonds US200d 250 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 610181 words
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Article1977 2008-05-01 18 52-Wk Tel High Low Code Last Sale Vol C000] Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Comi >an' Hii 30 11.5 1181 s AAGrp 415 16 5000 s ABR Hldgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System1,977 words
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Article216 2008-05-01 18 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer216 words
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Page 18 Advertisements
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Advertisement48 2008-05-01 18 M fl IJ^^Bnflul THE EDWARD PIGUET WATCH Le maitre de I'horlogerie depuis 1875 |H^Ppr [i'ilmW THE WATCH OF YOUR LIFE \fl^s M VHill Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED fjj^P' 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com48 words
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FINANCE & COMMODITIES
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369 2008-05-01 19 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change >r 29 World Index Preliminary 1049.9 -0.5 -7.2 -0.6 -10.1 -0.5 -5.1 EAFE Preliminai 1009.7 -0.4 -9.9 -0.6 -10.3 -0.5 -5.1 Euroi Prelim inan 1386.4369 words
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Article130 2008-05-01 19 As at 9am Apr 30 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.2600 1.2750 .an dollar 1.3340 1.3500 luro 2.1060 2.1290 IZ dollar 1.0430 1.0660 iterlini ind 2.6630 2.6930 JS dollar 1.3530 1.3680 .ocal dollars to 100 units if foreign130 words
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Article146 2008-05-01 19 Apr 30 Offer Bid !)verniqht -month '-months i-months Overnight mode: 1 JS$ 1/2 1 1/4 1 5/16 1 7/16 Offer 3/8 1 1/8 1 3/16 1 5/16 Bid days month > months months j months months 2 months (Au 2.65 2.90 2.95 3.05 3.10 3.20 3.25 Offer 2.55146 words
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Article24 2008-05-01 19 Apr3C ten Hii Sett STI IIMSCI Ma' 389.9 391.3 387.6 "aiwan Ma> 343.5 347.2 343.7 Source: MF Global (S) He. Lt<24 words
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Article21 2008-05-01 19 Apr 30 S! Bid Offer -month 1.3578 1.3592 1.3558 1.3573 {-months 1.3544 1.3559 >-months 1.3502 1.3518 Source: OCBC21 words
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280 2008-05-01 19 Apr 30 RSS 1 (S cents/kg) Month Hii Low Close Sett Volume (tonnes) Open Interest May 08 JunO8 Jul 08 Aug 08 Sep 08 Oct/Dec 08 397.25 395.25 390.25 388.50 386.75 385.75 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open Interest280 words
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Article101 2008-05-01 19 Apr 29 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 08 1279.50 1283.50 1286.00 1266.00 Jul 08 1293.50 1297.50 1302.00 1280.00 Aug 08 1281.50 1283.00 1287.00 1269.50 Sep 08 1241.00 1237.50 1243.00 1231.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 57.09 57.75 57.75101 words
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Article76 2008-05-01 19 CRUDE OIL PRODUCTS Apr 29 :RUDE (FOB origin) IS$/barrel Close Cham irent blend (1-Mth F) 114.53 -2.18 WTI (Near Mth) 115.57 -3.23 iubai (1-Mth F) 109.08 -0.98 "apis blend 121.7 -1.4 i/linas 114.1 -1.4 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 107.15 143.75 -1.32 -1 US$/barrel )pec Oil76 words
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Article466 2008-05-01 19 Apr 30 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.945 6.532 0.600 7.280 37.747 86.236 0.972 9.374 2.948 1.203 60.343 39.489 1.271 7.103 0.968 28.441 29.613 0.476 0.934 Canada 1.058 6.909 0.635 7.700466 words
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Article91 2008-05-01 19 Apr3C 'eriod Issue code Maturity Yesterday's Bid Hii Day's |h Loi 1-Month BQ*****A 31.07.08 -Year BY*****N 04.05.09 0.95 1.07 0.95 0.9! 1.05 1.0! 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Lov !-Year N5O51OOF 2.625 i-Year N *****0V 1.625 '-Year NX*****F 3.625 0-Year NY*****F91 words
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Article69 2008-05-01 19 Apr 30 (US$) (SS) 2.***** 1.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** mth mths 2.***** 1.***** mths 2.***** 1.***** mths mths 2 mths 2.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs69 words
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Article62 2008-05-01 19 Apr 30 lelivery flonth Opening Sett Av Range Price Price Hi Low Vol Open Done Position May 08 3354 3370 3360 3350 68 1093 lun 08 3372 3390 3401 3365 846 8592 lul 08 3345 3395 3412 3338 5338 ***** Hug 08 3359 3370 3406 3359 398 569162 words
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Article168 2008-05-01 19 Apr 30 GOLD (USS/oz) ir30 A[ ir29 GOLD BULLION COINS Hong Kong London 866.00 886.30 867.00 887.30 Apr 29 Apr 28 877.40 894.90 878.40 895.90 Source: Reuters (S$) Selling Buying 1 oz 1334.29 1199 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $467.59 383 SILVER Selling Buying (s$:168 words
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Article69 2008-05-01 19 Apr 29 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2918.20 2965.80 3 months 2964.00 3011.00 Copper, Grade A (US$/tonne) Cash 3 months 8698.00 8540.00 8793.00 8650.00 Lead (US$/tonne) Cash 2712.00 3 months 2734.00 2741.50 2765.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article77 2008-05-01 19 Apr 29 COCOA (£/tonne) Close Prev Hii ih/Low May 08 1493 1492 1500/1474 JulO8 1508 1505 1513/1486 SepO8 1439 1437 1445/1420 Dec 08 1421 1417 1426/1406 COFFEE (US$/tonne) Close Pev High/Low May 08 2203 2229 2240/2202 Jul 08 2253 2279 2290/2251 SepO8 2255 2280 2292/2255 Nov08 2230 2265 2273/223177 words
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Article156 2008-05-01 19 Apr 30 Against SS lurrencies Bid Offer Against US$ Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.2699 1.2713 0.9340 0.9342 'anadian dollar 1.3431 1.3447 0.9878 0.9881 luro 2.1153 2.1175 1.5558 1.5561 IZ dollar 1.0549 1.0572 0.7759 0.7769 iterlin. 2.6690 2.6717 1.9631 1.9633 IS156 words
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Article342 2008-05-01 19 Apr 30 EURODOLLAR FUTURES JunO8 SepO8 DecO8 MarO9 97.250 97.195 97.015 96.925 0 0 0 0 ***** ***** ***** ***** EUROYEN FUTURES JunO8 99.140 99.145 SepO8 99.070 99.085B DecO8 98.985 99.040 MarO9 98.890 98.990 JunO9 98.930B SepO9 98.915B DecO9 Mar10 99.135 99.055 98.980A 98.875A 99.140 99.070 99.030342 words
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Article1531 2008-05-01 19 BONDS WARRANTS Pel lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left 1092 Asia Environment W*****4 12 -0.5 280 1 38 9 3.83 16 1267 Biosensors DB ECW*****5 21.5 -0.5 6 1 70 5 lO14Capitaland BNP ECW*****8 30 -1.5 140 0.11,531 words
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Page 20 Advertisements
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Advertisement3349 2008-05-01 20 m The Business Times Shipping Times M H^^nHH WAN HAI INTERNATIONAL PTE LTD crN0:N*****0000/R kIMPIN ig|§|BQ IKy I TvVM lAIA M HAI IN F Customer **vi«/B«l™P Direct Line (1800) *****200 I I fc. Wi.^.»l 'I I HfIffIeESSSSSEsIjES I V 'T llinll I It'll LIIIL># FKL TEL: <03) *****85S FAX: (03)3,349 words
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Page 21 Advertisements
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Advertisement3028 2008-05-01 21 M. AUSTRAL ASIA LINE hh p ~,m KS^ I |g)) ttli^Y/H [p--c!X— J ASIA AUSTRALIA SERVICE AcceptingContainer/LCL/Breakbulk/Project wjj/m-^^M r" EBsZ^^^^^^En^^^^BE^^^Hn^^^n^^^H3i^^^K3^^^K!^^ 111 WEEKLY EXPRESS SAILING SCHEDULE CAPE YORK 05A8 WO5 07/05 13/05 28/05 31/05 04/06 08/06 SSS BJBSfITTII!|iniHiIfIIIW?iTIWWT! 113'7Ti!33?11^ CAPEMORETON 81A8 11/05 15/05 22/05 08/06 12/06 15/06 19/06 Ky^UjU^JkAUiallMilUMHlßUillllMfiUyUHlUyUillll WESTERN AUSTRALIA3,028 words
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Page 22 Advertisements
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Advertisement3647 2008-05-01 22 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n3,647 words
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PROPERTY
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Article, Illustration460 2008-05-01 23 ARTHUR SIM - ARTHUR SIM Measures to cool the market are working, says CBRE By FOLLOWING a slew of measures to cool the property market in China, property prices are now more sustainable. Saying that the measures which include capital gains tax have "generally worked well",LIANHE ZAOBAO - 460 words
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525 2008-05-01 23 GREG LOWE - GREG LOWE By [BANGKOK] International hotelier Golden Tulip Hospitality Group has chosen Thailand as the centre of its one billion euro (552.11 billion) South-east Asian expansion plan under which it will open up to 50 properties over four years. The Swiss-based525 words
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Article, Illustration464 2008-05-01 23 Reuters [TOKYO] Japan's Mitsubishi Estate Co Ltd yesterday forecast a 10 per cent annual operating profit growth, bolstered by a tight supply of prime office space in Tokyo and the consolidation of two units onto its books. Rock-bottom vacancy rates are expected– Reuters; FILE PHOTO - 464 words
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485 2008-05-01 23 ARTHUR SIM - ARTHUR SIM Offer is 7% below last week's top bid for nearby plot By THE Urban Redevelopment Authority (URA) has closed the tender for a transitional office site at Scotts Road/ Anthony Road receiving a top bid of $32.99 million.485 words
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Article210 2008-05-01 23 A LONDON-BASED lettings agency will organise an event next week to talk about investment opportunities in the city's rental property market. The free seminar, entitled "How to make money from London property rentals", will be conducted by Benham Reeves Residential Lettings, an agency that has210 words
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Article, Illustration580 2008-05-01 24 CHEW XIANG - CHEW XIANG Keppel Land wins its first platinum for Ocean Financial Centre, slated for completion in 2011 By THE battle for the Green Mark platinum award is heating up. Last year, City Developments fired the first salvo, claiming two of the seven platinums, the580 words
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322 2008-05-01 24 KALPANA RASHIWALA - KALPANA RASHIWALA By A COMMERCIAL site slated for mostly office use near the existing Buona Vista MRT Station has been made available for application under the reserve list. The 1.9-hectare site can yield close to 1.3 million square feet of gross floor area,322 words
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Page 23 Advertisements
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Advertisement45 2008-05-01 23 BUDGET HOTEL IN CHINATOWN FH 56 rooms 3 storey attic Site Area ~4362sqft Built-in ~11,3675qft BRAND NEW STUDENT HOSTEL NEAR FARRER PARK MRT kA^ FH 33 rooms 4 storey Wfc Site Area ~3s3ssqft Built-in -9621 sqft y Welcome co-broke ALAN *****303 CHARLEEN *****410 www.spore-properties.com pjz45 words
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Advertisement195 2008-05-01 23 I FOR SALE Kinloch Golf Course Taupo, New Zealand iynder Mortgagee Instruction^ I Fully completed, internationally acclaimed 18 hole Jack Nicklaus CONTACT THE SOLE AGENTS Signature golf course built to USGA John Goddard John Green international standards. P:+64 9 *****88 P:+64 9 358 1888 M:+ 64 21 *****6 M: +64195 words
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Advertisement1522 2008-05-01 24 BslfflßMslik, ISBWImI savills! savills.com Tel: 6536 5022 PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN AREA PRICE PSF PROJECTNAME/ PROP CONTRACT TENURE BUILT-INAREA PRICE PSF PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN AREA PRICE PSF STREET NAME TYPE DATE (SQ FT) (S$'OOO) (Ss) STREET NAME TYPE DATE (SQ FT) (S$'OOO) (Ss) STREET NAME TYPE1,522 words
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