The Business Times, 7 May 2009
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2009-05-07
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The Business Times
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Title Section23 2009-05-07 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S^\ A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 197/08/2008 Thursday, May 7,200923 words
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Article, Illustration806 2009-05-07 1 YEN SREENIVASAN - YEN SREENIVASAN Straits Times Index hits 6-month high; OCBC, UOB results power bank stocks [SINGAPORE] Sell in May and go away? That was the old refrain. But with the market confounding sceptics and powering its way to new 6-month highs, perhaps the new mantra shouldBloomberg - 806 words
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MARKETS DIGEST
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Article28 2009-05-07 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.53 HONGKONG 5.00 INDONESIA 16.560 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 12.25 Source:Bloomberg - 28 words
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Article45 2009-05-07 1 IS$ (S$ per US$) 1.476 (US$/S$ per 1.504 2.220 ;URO (US$/S$/E) 1.331 1.964 Foreign currency per US$ S$ 'EN 98.50 66.80 3.538 2.397 IK$ 7.750 5.251 !AHT 35.17 23.83 lUPIAH 10,415 7,057 lENMINBI 6.823 4.623 INDIAN RUPEE 49.44 33.50 1.348 0.913 IZ$ 1.721 1.16645 words
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Article45 2009-05-07 1 Inesi lay lange 1COMP 1,023.96 +15.09 IIKKEI225 Closed IANG SENG 16,834.57 +404.49 ;et index 523.14 +16.88 JAKARTA COM P 1,798.33 +26.26 IANILACOMP 2,206.23 +9.03 ;eoulcomp 1,393.45 -4.47 ;henzhen b 381.53 +3.24 IUMBAI IND 11,952.75 -178.33 12 noon EDT Cham )OW 8,449.28 +38.63 IAS DAI45 words
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Article, Illustration693 2009-05-07 1 KALPANA RASHIWALA - KALPANA RASHIWALA Three buildings in CBD may change hands as buyers shop again [SINGAPORE] After a ninemonth lull, investment sales activity for office buildings could pick up soon. BT understands a deal is on the cards for Parakou Building at the corner ofYEN MEN JIIN - 693 words
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Advertisement236 2009-05-07 1 I■"■ jt iHJ HSj I I iiiitiiiiiiniiii |;.j| W:'SL Hy I "I believe excellence is a blend of natural gifts, strong will and rigorous training." Best Private Bank 2008 Tamara Novichenko, voice instructor at the Rimsky-Korsakov State Conservatoire, Awarded by FnanceAsia Saint Petersburg Best Boutique Private Bank Who would believe236 words
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Page 1 Miscellaneous
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Miscellaneous44 2009-05-07 1 CHINA SUN FLU OUTBREAK %JW^JL EDUCATION BANK RESULTS SGX should show Spore to lower alert Aware's sex education UOB, OCBC post better its hand to yellow C^^B^'^KP^S programme suspended than expected profits PAGE 5 PAGE 2 M M t J PAGE 3 PAGE 444 words
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TOP STORIES
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THREE-MINUTE DIGEST
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74 2009-05-07 2 A SLEW of encouraging data, soothing words from the world's most powerful central banker, increasing confidence in the survival prospects of US banks and a huge inflow of liquidity sent Asian markets surging for the third consecutive day to new six-month highs yesterday. The74 words
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77 2009-05-07 2 AFTER a nine-month lull, investment sales activity for office buildings could pick up soon. BT understands a deal is on the cards for Parakou Building at the corner of Robinson Road and McCallum Street. Due diligence by a potential buyer is also said77 words
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82 2009-05-07 2 WITH the Influenza A (H1N1) virus turning out to be less contagious and deadly than first feared, Singapore will lower its pandemic alert status level from the current orange to yellow by next Monday. This progressive step-down, however, will depend82 words
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47 2009-05-07 2 THE Ministry of Education has suspended the sex education programme run in schools by the Association of Women for Action and Research after a "thorough investigation" following feedback on the sexuality education programme conducted by the group. TOP STORIES, PAGE 347 words
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76 2009-05-07 2 UNITED Overseas Bank shares soared 13.1 per cent yesterday to $14.88 after it posted better than expected first-quarter net profits. UOB was the top performer in the Straits Times Index yesterday after it reported net profit of $409 million for the76 words
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59 2009-05-07 2 OCBC Bank's net profit fell 12 per cent to $545 million in the first quarter compared to a year earlier, a smaller drop than analysts had expected, as the group received a one-time boost to its net profit of $175 million59 words
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34 2009-05-07 2 THE Energy Market Authority and Land Transport Authority will lead a multi-agency taskforce to spearhead the test-bedding of electric vehicles in Singapore from 2010. SINGAPORE NEWS, PAGE 934 words
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53 2009-05-07 2 THE cost of Malaysia's Port Klang Free Zone project could balloon to more than RMI2 billion (Sss biUion) by 2012 if occupancy does not rise or debt is not re-financed, according to sources familiar with an audit ordered by the Transport Ministry.53 words
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69 2009-05-07 2 THERE has been a pick-up lately in activity and prices in the strata office market, says Cushman Wakefield Singapore managing director Donald Han. For instance, a 2,443 sq ft unit in Suntec Tower 2 sold for $1,780 psf last month above the recent69 words
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Article, Illustration696 2009-05-07 2 LEE U- WEN - LEE U-WEN Orange status to go to yellow next Monday, some curbs to be relaxed [SINGAPORE] With the influenza A (H1N1) virus turning out to be less contagious and deadly than first feared, Singapore will lower its pandemic alert status696 words
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599 2009-05-07 2 ONG BOON KIAT - ONG BOON KIAT Options include tele-commuting, split-site operations [SINGAPORE] The HINI flu alert may soon be downgraded to a more reassuring Yellow level but some of the biggest tech firms in Singapore are keeping vigilant and ready with their business continuity (BC) plans. NCS,599 words
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508 2009-05-07 3 UMA SHANKARI - UMA SHANKARI [SINGAPORE] The Ministry of Education (MOE) has suspended the sex education programme run in schools by the Association of Women for Action and Research (Aware). MOE said in a statement yesterday that following feedback on the sexuality education programme conducted by Aware,508 words
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Article, Illustration753 2009-05-07 3 Citigroup told it needs US$5O-55b, say people briefed on results [WASHINGTON] The government has told Bank of America that it needs U5533.9 billion in capital to withstand any worsening of the economic downturn, according to an executive at the bank, a determinationBLOOMBERG - 753 words
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330 2009-05-07 3 TEH SHI NING - TEH SHI NING Failed Australian childcare facility operator's assets being hived off [SINGAPORE] A non-profit organisation paid a token Asl (551.09) each for several childcare centres of failed operator ABC Learning Centres, an Australian newspaper report said. ABC Learning, of which Temasek Holdings330 words
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208 2009-05-07 3 Bank to pay interest on foreign currency deposits [SINGAPORE] United Overseas Bank said it will pay interest on foreign currency deposits, fulfilling a promise made by its chairman Wee Clio Yaw after customers complained that they were receiving nothing. "From Friday, the bank208 words
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Advertisement400 2009-05-07 2 2009 Ernst Young LLP. All Rights Reserved. ***** l Financial reporting update seminar 2009 Keeping up with accounting standards various amendments to accounting Tuesday, 26 May 2009 is a challenge in today's environment. standards have been introduced 9:00 a.m. to 5:00 p.m. With extensive changes to Financial which affect measurement400 words
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Advertisement31 2009-05-07 2 JACKPOT $1,500,000~ TODAY! Sales Close at 6pm Draw at 6.30pm at PoMo SINGAPORE [PLAYA Always play with care. Towards Community W^mM |n»pon.iblyr D° not bet 'legally. rurpom and Benefit B^~J RCBRegNo:I96BOO2O2G31 words
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Page 3 Advertisements
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Advertisement180 2009-05-07 3 /{/is L/jtruirriexo Pctcts. If W RAFFLES HOTEL LE ROYAL, PHNOM PENH, CAMBODIA Enjoy a 3 rd night's stay with our compliments when you stay 2 nights at Raffles Grand Hotel d'Angkor, Siem Reap or Raffles Hotel Le Royal, Phnom Penh from now until 30 September 2009. Rates begin from USs22o*180 words
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COMPANY NEWS
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Article, Illustration682 2009-05-07 4 CONRAD TAN - CONRAD TAN BANK EARNINGS 12% profit fall lower than expected but CEO stays cautious OCBC Bank's net profit fell 12 per cent to $545 million in the first quarter compared to a year earlier, a smaller drop than analysts had expected,ARTHUR LEE - 682 words
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Article, Illustration589 2009-05-07 4 SIOW LI SEN - SIOW LI SEN Shares soar 13% to $14.88; NPL only marginally up from Q4 last year UNITED Overseas Bank (UOB) shares soared 13.1 per cent yesterday to $14.88 after it posted better than expected first-quar-ter net profits. The non-performing loan ratio was589 words
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405 2009-05-07 5 RONNIE LIM - RONNIE LIM Authorities call new round of bidding by all 3 on short-list HIGHER financing charges that have affected project economics and pricing have hit "preferred bidder" Sembcorp Industries' bid to build, own and operate the US$l billion-plus Salalah independent water405 words
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295 2009-05-07 5 OH BOON PING - OH BOON PING ABOUT 100 of the 130 or so offshore stocks listed in Singapore are registered in Bermuda part of a thriving community of insurance companies and fund managers there that manage about US$25O billion of assets. At a briefing early this week,295 words
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583 2009-05-07 5 TEH SHI NING - TEH SHI NING GIVEN the troubling developments at China Sun Bio-chem, it is now time for the Singapore Exchange (SGX) to stand up and be counted. So far, the Exchange has stuck to its often repeated position to "not disclose its dealings583 words
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533 2009-05-07 5 LYNETTE KHOO - LYNETTE KHOO TRADING of shares in Advance SCT has been voluntarily suspended. Explaining the move, Advance SCT said in an announcement that it was consulting its legal advisers on the findings of a specific review report by Ernst Young Advisory Services Sdn533 words
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605 2009-05-07 5 LYNETTE KHOO - LYNETTE KHOO COMPANIES UNDER STRESS Independent directors urge team to reconsider move SINO-ENVIRONMENT Technology Group has been dealt yet another blow, with members of its key management team, led by executive chairman and chief executive Sun Jiangrong, having tendered their resignations against the wish of605 words
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COMPANY BRIEFS
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82 2009-05-07 5 ASPIAL Corporation, through World Class Venture Pte Ltd, has entered into an agreement to purchase properties at the East Coast area for $10.6 million. The properties with a total land area of 2,212.3 square metres have a freehold tenure and the site is82 words
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Article51 2009-05-07 5 AUSGROUP, a specialist service provider to the natural resources sector, reported net profit of As4.l million (554.5 million) for the third quarter ended March 2009, compared with a A 53.44 million loss a year ago. Revenue for Q3 rose 28 per cent to A 599.651 words
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Article, Illustration494 2009-05-07 8 KALPANA RASHIWALA - KALPANA RASHIWALA Global RevPAR declines by 18.2%; NY, Spore hotels worst hit MILLENNIUM Copthorne Hotels (M&C), the Lon-don-listed hotel subsidiary of Singapore property group City Developments, has posted a 47.2 per cent drop in net profit to £8.6 million (Ssl9 million)494 words
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279 2009-05-07 8 MICHELLE YEO - MICHELLE YEO HYFLUX Water Trust (HWT), the first pure-play global water business trust listed in Asia, yesterday announced a 91 per cent year-on-year jump in distributable cash to $3.4 million for the first quarter ended March 31. This translates279 words
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396 2009-05-07 8 NISHA RAMCHANDANI - NISHA RAMCHANDANI Rise in Cosco shares due to investors' bigger risk appetite CIMB-GK Research recommends going long on Noble Group and Singapore Telecommunications, and short on stocks such as Singapore Airlines and Cosco Corp which still appear to have a rough ride ahead.396 words
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Article548 2009-05-07 8 JESSICA YEO - JESSICA YEO HIGHER occupancies and rental rates, as well as the completion of asset enhancement works, drove first-quarter revenue for Fortune Reit up 10.4 per cent year on year. Total revenue for the quarter ended March 31 grew from HK5152.4 million (Ss29 million) to548 words
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Advertisement148 2009-05-07 4 together is seeing the smiles on faces, not smiley faces. Together is innovative Telepresence face-to-face video conferencing that makes every meeting a local one. Just imagine how much travel budget you could cut if you could get that sense of personal business without actually meeting in person. Not to mention,148 words
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Advertisement666 2009-05-07 4 W»ll!llj:|.lllMlM»^^^ Kuala Lumpur In The Matter Of BF^^B^ffff^BKTKW .»^__i J||l The Companies Act, Cap. 50, M*aM"TT? i WU=And /n-coacA service inc/ude:-^^^^^L\>t! ff S1 In The Matter Of Light refreshment 7 t-wS Rinfield International Pis Ltd -Guide Service "*~I^1p» LI&M T (Company No. *****1907E1 •«**Ctanne/EntertammenT^^J Package includes:[Provisional Liquidator Appointed] I run666 words
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Advertisement61 2009-05-07 5 4^^ We segjn Our Journey With You H"* 87 Upper East Coast Rd Goodwill Court Opp. Slglap Shell Station 6245 6680 Audi Q5 Unbelievable Price Panaromic Roof MMI Navigation System 20" Sports Rim Fine Nappa Leather Call our Sales Advisors for more details Mable Leong Erwan Rahim Khairil Yusoff JasniHatta61 words
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Advertisement593 2009-05-07 5 A MAIS INTHEMAnEROF IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ™E COMPANIES ACT (CAR 50) AMD IN THE MATTER OF INTHEMAnEROF SAFE MONEY PTE. LTD. tv.unn. (PROVISIONAL LIQUIDATORS APPOINTED) ALEXANDRA ICE WORKS COMPANY COMPANY REGISTRATION NO. *****6982R Company™SnTi™oolllH NO"" OF MEEnNG 0F CREWroRS (In Voluntary Liquidation) Notice is593 words
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SINGAPORE MARKETS
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Article, Illustration618 2009-05-07 6 YEN SREENIVASAN - YEN SREENIVASAN STOCKS STI surges 5% as funds buy strongly into blue chips and UOB f OCBC report better-than-expected results ONCE again, the Singapore market confounded sceptics and naysayers to record one of its strongest rallies in recent memory, thanks to earnings surprises by banks and: Bloomberg - 618 words
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Article91 2009-05-07 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 13 5 0 0 0 0 13 5 0 lanufacturing 147 23 32 13 12 160 24 44 Commerce 48 19 56 23 'pt/Stor/Comms 32 33 :inance 29 29 Construction 19 20 'roperties 37 37 lotels/Rsts91 words
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Article117 2009-05-07 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 59,255 59,255 119,757 119,757 lanufacturing 1,297,388 67,920 1,365,308 459,920 2,657 462,577 lommerce 308,756 125,791 434,547 184,109 24,378 208,487 'pt/Stor/Comms 356,320 951 357,271 479,310 44 479,354 :i nance 110,775 110,781 680,280 680,280 lonstruction 183,855 26,770 210,625 32,644 291 32,935 'roperties117 words
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Article105 2009-05-07 6 lapitaLand 3.080 +0.110 lapitaMall 1.330 -0.010 jtyDev 7.500 +0.330 lomfortDelGrc 1.340 losco Corp 1.200 +0.080 IBS Grp 11.740 +0.880 :&N 3.130 +0.130 ienting SP 0.695 +0.040 iolden Agri 0.480 +0.010 IK Land 2.700 -0.030 IMH 23.300 +0.520 ISH 12.700 +0.500 lardineC&C 14.840 +0.260 Ceppel Corp 6.900105 words
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Article50 2009-05-07 6 CLOSE IT OB/OS 830.00+563.C IT CADI -*****.00 +383. IT 10-day MA -*****.00+83.01 TSE ST Mid Cap 431.74+13.91 TSE ST Small Cap 363.91 +25.0: TSE ST All Share 519.22+24.2 TSE ST China Top 203.65+10.11 TSE ST China 199.94+10.81 IOB Catalist 84.29 +3.3 IMSCI 265.95 +14.4 IMSCI Future 264.40+12.9150 words
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Article60 2009-05-07 6 VOLUMI Chart SemiCond 283,174,001 China Honi ixini 203,094,001 Oceanus 121,619,001 Golden iri 110,956,001 MDR 79,425,001 in« iTel 77,996,001 CoscoCorj 75,708,001 Gentini SP 69,106,001 .usGrou 64,416,001 Celestial 60,265,001 VALUE($; DBS Gr| 230,229,68; UOB 209,552,051 >ini iTel 208,432,59" Cai i Land 141,378,651 OCBC Bk 123,731,091 SGX 101,547,491 Cosco Cor|60 words
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Article104 2009-05-07 6 CLOSE UP DBS.ES.0905 1100 176.0 19.0 UOB 1488 172.0 13.1 UOB.ES.0905 1378 122.0 9.7 DBS Gr| 1174 88.0 8.1 ilA.ES.0905 1238 86.0 7.5 ilA 200 1240 78.0 6.7 IMH 2330 76.7 2.3 ISH 1270 73.8 4.1 I A 1234 64.0 5.5 DBXT S&P Short 10US$ 7062 54.6 0.5 ,sia104 words
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Article125 2009-05-07 6 CLOSE DOWN IOB BNP ePW*****8 14 -67.0 -82.7 ISL 131 -20.0 -13.2 ;txpo ioo 1420 -20.0 -1.4 iBS RB ePW*****3 63.5 -19.5 -23.5 At '.ES.0905 702 -17.0 -2.. IOB BNP ePW*****7 19 -16.5 -46.5 RBePW/*****6 37 -13.0 -26.' IOB BNP ePW*****7 14.5 -10.5 -42.0 IOBDBePW/*****9 21 -10.5 -33.3 IOB125 words
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Article84 2009-05-07 6 iere i S$ stands May 6 %CHNG CLOSE FRMay5 YR2009 S$ LOW S$ HIGH ISS 1.4754 -0.37 1.5579 1.4308 iuro 1.9635 0.21 2.0732 1.9150 'ounds 2.2246 -0.30 2.2712 2.0356 1.0934 0.17 1.1100 0.9453 ren* 1.5011 -1.23 1.7278 1.4831 lupiah* 0.***** -0.37 0.***** 0.***** !aht* 4.1962 -0.22 4.3390 4.1040 'eso*84 words
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Article, Illustration831 2009-05-07 6 JAMIE LEE - JAMIE LEE Singapore Telecommunications May 6 close: $2.75 CITI INVESTMENT RESEARCH, May 5 WHAT'S working for the stock: (1) Australian dollar strength: +10 per cent versus Singapore dollar since early March; (2) Strong Bharti and Telkom stock prices; (3) #1 and #2 leave stub (Sing+Optus) valuations at all-time831 words
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Article, Illustration539 2009-05-07 6 Reuters CURRENCIES [NEW YORK] The euro rose against the US dollar yesterday after data showed that US private employers cut fewer jobs than expected last month, boosting hopes that the economy has come through the worst of the recession. The US dollarReuters; REUTERS - 539 words
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Advertisement423 2009-05-07 7 Congratulations on the Successful Delivery of The First Accommodation a 350 POB Accommodation and Work Barge of COSCO Corporation Delivered in Nantong COSCO Corporation (Singapore) Limited is proud to announce that a 350P08 accommodation and work barge, named NUNCE, was recently delivered to its owner ESTRELA trom COSCO Nantong Shipyard423 words
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Advertisement1177 2009-05-07 8 W^df kAT^VT'T^!T-< r< Toll free: 1800-289-8822 W ill Email: notices@sph.com.sg JL V^-/ JL JL^^^ 1 www.cats.com.sg yW BANK OF COMMUNICATIONS CO., LTD Head Office: 188 Yin Cheng Zhong Lv, Shanghai *****0, People's Republic of China Singapore Branch: 50 Raffles Place, #26-04 Singapore Land Tower, Singapore *****3 CONSOLIDATED BALANCE SHEET CONSOLIDATED1,177 words
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SINGAPORE NEWS
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474 2009-05-07 9 SAMUEL EE - SAMUEL EE Taskforce led by EMA, LTA to identify infrastructure needs, R&D opportunities THE Energy Market Authority (EMA) and Land Transport Authority (LTA) will lead a multi-agency taskforce to spearhead the test-bedding of electric vehicles (EVs) in Singapore from 2010. Under the programme, infrastructure474 words
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555 2009-05-07 9 CHEN HUIFEN - CHEN HUIFEN They're more willing to try new products, services: survey MICRO-ENTERPRISES have become much more willing to try new products and services, according to a survey of 500 such firms by the Singapore Malay Chamber of Commerce and Industry (SMCCI). The inaugural study found555 words
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Article, Illustration603 2009-05-07 9 CHUANG PECK MING - CHUANG PECK MING Show investors that it's a well-organised place, he says THE greening of Singapore was the easiest and quickest way to differentiate Singapore from its neighbours and show investors, especially those from the West, that this is a well-organised place,DESMOND WEE/THE STRAITS TIMES - 603 words
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309 2009-05-07 9 SAMUEL EE - SAMUEL EE COE premiums have crept up across the board, with the new lower reduced quota appearing to keep prices buoyant despite the current economic slump. In yesterday's tender for certificates of entitlement the third in a new quota year (QY)309 words
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339 2009-05-07 9 LEE U- WEN - LEE U-WEN IN times of need, be it coping with a health threat or an economic crisis, Singaporeans to look to one source the Public Service for guidance and help. Deputy Prime Minister and Minister-in-Charge of the Civil Service Teo Chee Hean made this339 words
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144 2009-05-07 9 THE Land Transport Authority (LTA) has awarded a $368 million contract for 22 new trains to a consortium of manufacturers. The consortium Kawasaki Heavy Industries, Kawasaki Heavy Industries (S) and China Southern Railway (CSR) Qingdao Sifang Locomotive and Rolling Stock Company will design, supply,144 words
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Advertisement134 2009-05-07 9 kl I m 1 I 1 f m Swiss quality also L I I'll IfWtiy'fflVJl stands for knowledge. ■■I kfl^^H^l Ensuring your success B<lU i/lkiW^wi F^^U jl*li with global mailings. V^k- '*]j'\ (^S^^ rfT^j Swiss Post offers you cross-border mailing B^^Pi *T m^t^^ V. ?"**'^^s». options to make your business134 words
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S'PORE CORPORATE AWARDS
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Article, Illustration495 2009-05-07 10 CHEW XIANG - CHEW XIANG OUTSTANDING examples of corporate governance were recognised at a gala dinner at the Shangri-La Hotel when the annual Singapore Corporate Awards were given out on April 23. SMRT Corp won the Gold award for Best Managed Board in the big-cap category ($1495 words
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Article, Illustration374 2009-05-07 11 Engaging the audience: Keeping members of the audience on the edge of their seats as they announce the award winners are, clockwise from right: Mr Patrick Daniel, SPH editor-in-chief (English Malay Newspapers) with Mr Sam Ong, group deputy CEO CEO ofHyflux; Ms Jennie Chua, chairman of Sentosa CoveJOHN HENG - 374 words
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ECONOMY WATCH
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423 2009-05-07 12 OH BOON PING - OH BOON PING It also predicts a 10% contraction for Spore this year and flat growth in 2010 [SINGAPORE] Asia is poised for a long and sluggish recovery, due partly to weak demand for its exports, says the International Monetary Fund (IMF).423 words
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378 2009-05-07 12 [SINGAPORE] A wave of corporate defaults is expected to hit Asia, with losses of up to 2 per cent of the region's gross domestic product, the International Monetary Fund (IMF) believes. But it reckons the losses are manageable because of the strength of378 words
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Article, Illustration457 2009-05-07 12 EMILYN YAP - EMILYN YAP [SINGAPORE] Best known for predicting the onset of the current financial crisis, New York University professor Nouriel Roubini said at a forum yesterday that he is still bearish on prospects for the economy and stock market. Prof Roubini otherwise known457 words
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277 2009-05-07 12 Reuters [LONDON] A key index of services business activity staged its biggest onemonth rise since December 2001 and firms were even more optimistic about the future, suggesting the worst phase of a severe recession has probably passed. The index is based on a– Reuters - 277 words
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Advertisement28 2009-05-07 12 -h I, f Ik to +3 I'm. -"■«sM:Ssr^'"';; 3 X' 1 1/ 1 lit PARAGON i^l^llß^^^^^il^f i'^ ii JHP^'^ 290 Orchard Road Singapore *****9 Tel: 673: 1900 www.paragon.com.sg28 words
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MALAYSIA\INDONESIA
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592 2009-05-07 13 S JAYASANKARAN - S JAYASANKARAN PwC audit reveals mismanagement, clandestine deals, conflict of interest THE cost of Malaysia's Port Klang Free Zone (PKFZ) project could balloon to more than RMI2 billion (Sss billion) by 2012 if occupancy does not rise or debt is not re-financed,592 words
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Article, Illustration448 2009-05-07 13 AP, Reuters [KUALA LUMPUR] Malaysia's central bank governor yesterday predicted that the economy will start to recover in the second half of this year and said that cutting interest rates further would not be constructive in shoring up growth. Bank Negara governor ZetiAP, Reuters - 448 words
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Article, Illustration641 2009-05-07 13 Reuters No political links; Yudhoyono, agency reacted swiftly [JAKARTA] A scandal involving Indonesia's top graft-buster is unlikely to have a long-lasting impact on the president's political fortunes or his anticorruption agency as both responded quickly, stressing that no one was above the law. Under– Reuters; I AFP - 641 words
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314 2009-05-07 13 Reuters [JAKARTA] Japan's Mitsubishi Corp has started to build a new, 74 MW gas-fired power plant in Indonesia to meet soaring electricity demand, the energy minister said yesterday. The gas turbine combined-cycle project, which will be owned by state power firm PT Perusahaan Listrik– Reuters - 314 words
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Article146 2009-05-07 13 Bernama [KUALA LUMPUR] ITS Group, a supplier of oilfield products and services, has teamed up with Scomi Group Bhd to form a joint-venture company, ITS Scomi Pte Ltd, to accelerate expansion in Asia-Pacific. In a joint statement here yesterday, they said that the newBernama - 146 words
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Advertisement163 2009-05-07 13 Fares shown are per person for a Business Class round trip inclusive of airport tax, insurance and fuel surcharge correct as of date of publication and may be subject to change due to currency fluctuation Sales Period is from now to 28 May 2009 Travel Period is from now to163 words
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GREATER CHINA\INDIA
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326 2009-05-07 14 Reuters Central bank assures supply of credit to support economy [BEIJING] Key currencies, including the dollar, could come under growing pressure because of extraordinary money-printing by central banks to counter the financial crisis, China's central bank said yesterday. In its quarterly report on monetary policy,– Reuters - 326 words
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Article, Illustration739 2009-05-07 14 Reuters, NYT Reform will affect more US-based firms with ops overseas, say businesses [BANGALORE] US plans to scrap tax incentives that encourage American firms to ship jobs overseas are unlikely to dent business for Indian outsourcers, but the move is protectionist, companyReuters, NYT; AP - 739 words
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323 2009-05-07 14 Reuters [BEIJING] The Chinese government has so far spent 420 billion yuan (Ss9l billion) of its stimulus package, more than a third of the total that it has promised to invest by the end of 2010, the National Development and Reform Commission (NDRC)– Reuters - 323 words
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Article, Illustration578 2009-05-07 14 Bloomberg [SHANGHAI] China is at risk of a stock market "bubble" that may burst as investor confidence in the nation's economic recovery weakens and bank lending slows, according to China Galaxy Securities Co, the nation's largest brokerage. The Shanghai Composite Index has surgedBloomberg; : Bloomberg - 578 words
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Advertisement1211 2009-05-07 14 W,*s4 kAT^T^T^^T"r' Toll free: 1800-289-8822 w |\l I rt Email: notices@sph.com.sg _L^| V^>/ X. I V_|i 1 j i 1 www.cats.com.sg I DV- Vy"/ INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED (Incorporated in The People's Republic of China) Head Office 55 Fuxingmennei Dajie, Xicheng District, Beijing, China Tel: 86-10-6610 6027,1,211 words
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WORLD
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Article, Illustration717 2009-05-07 15 Reuters Debt-for-equity plan will leave investors with 1% of equity in a revamped group [DETROIT] General Motors Corp (GM) on Tuesday detailed plans to all but wipe out the holdings of remaining shareholders by issuing up to 60 billion new shares in a– Reuters; BLOOMBERG - 717 words
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297 2009-05-07 15 Bloomberg [NEW YORK] Investors should brave the risk of "economic chaos" and buy stocks and real estate, said Yale University professor Robert Shiller, whose 2000 book Irrational Exuberance predicted the market's collapse. "I'm less pessimistic than I was a few months– Bloomberg - 297 words
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454 2009-05-07 15 AP, Reuters Briton gets stint to swim, explore, blog on Aussie island [SYDNEY] A bungee jumping, ostrich-riding British charity worker was yesterday named the winner of what's been dubbed the "Best Job in the World" a six-month contract to serve as caretaker of– AP, Reuters - 454 words
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Page 15 Advertisements
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Advertisement500 2009-05-07 15 C^fr&*3sT> WINE I CULTURE /*v Fine rare wine merchant C% Wine Culture Pte Ltd 897 BukitTimah Road Spore *****7 Tel: 6463 3888 6462 1129 Fax: 6462 3577 Email: sales@wineculture.com.sg Website: www.wineculture.com.sg V*^ k ATV^T'T^-rl r" Toll free: 1800-289-8822 V IVI fl Li V Email: notices@sph.com.sg JL^I V^*/ JL IV I500 words
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ASIA-PACIFIC/WORLD
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Article, Illustration888 2009-05-07 16 LEON HADAR - LEON HADAR COMMENTARY But Bernanke seems to have reassured markets that US bank stress test results won't have big surprises THE 19 big US banks' stress test results are set to be finally made public by the Treasury Department after the financial markets close todayAP - 888 words
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451 2009-05-07 16 -AP [WASHINGTON] The US government will require banks seeking to return federal bailout money to prove they do not need other special federal assistance, a condition that will make it harder for some institutions to escape restrictions on executive compensation. The new-AP - 451 words
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Article, Illustration500 2009-05-07 16 Reuters It will be used for stimulus spending, fiscal deficits till'll [BANGKOK] Thailand's cabinet has approved plans to borrow 800 billion baht (5533.54 billion) to finance stimulus spending and fiscal deficits between now and 2011, Finance Minister Korn Chatikavanij said yesterday. The planned– Reuters - 500 words
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497 2009-05-07 16 J Bloomberg Pace of job losses seen declining in second quarter [WASHINGTON] Companies in the United States cut an estimated 491,000 workers from payrolls in April, indicating the labour market is still weakening amid the worst recession in at least five decades,— J ■ Bloomberg - 497 words
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Page 16 Advertisements
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Advertisement13 2009-05-07 16 okch smnaim mußi imn /~Y~3 Ce^^~Yl I'll eTI Bl i 4 <<rW vsaaiwasffliK13 words
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Advertisement28 2009-05-07 16 tahLa! THE HEARTBEAT OF THE INDIAN COMMUNITY RECESSION BITES FREE MEALS More turn up, so less to eat at places of worship I 1"' '4 S W IS28 words
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AVIATION/SHIPPING
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Article, Illustration673 2009-05-07 17 Reuters They're planning big fleet and route expansions, expecting profits despite crisis [DUBAI] Gulf airlines, owned by governments in the world's top oil-export-ing region, said on Tuesday that they would push ahead with major fleet and route expansions and post profits, despite a global downturn thatReuters; AP - 673 words
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Article2569 2009-05-07 17 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR2,569 words
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187 2009-05-07 17 Bloomberg [BOSTON] Boeing Co, the second-largest US defence contractor, won a US$4OO million order from the US Air Force for two C-17 transport aircraft. The planes will go to an unidentified foreign buyer, the US Defense Department said in a statement on its websiteBloomberg - 187 words
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192 2009-05-07 17 Reuters Terminals to be put off until downturn eases, he says [SHANGHAI] Singapore's PSA International and Wharf Holdings' container terminal unit have put on hold their multi-million dollar investment plans in container terminal projects in eastern China as the financial crisis hurts– Reuters - 192 words
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228 2009-05-07 17 -AFP [NAIROBI] Somali pirates have hijacked a Germanowned cargo ship in the Gulf of Aden, a maritime watchdog and a statement from the government of Antigua and Barbuda, where the vessel is flagged, said yesterday. "The maritime administration of Antigua and Barbuda was advised-AFP - 228 words
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Article277 2009-05-07 17 GX lay 6 '000 Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.34 0.22277 words
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Page 17 Miscellaneous
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Miscellaneous289 2009-05-07 17 CRYPTIC CROSSWORD ACROSS I Dramatic part of room where —i r= —i r^ —i 1- —i rg —i rr—^^^k 7 One in woollen who is more i nervous (7) M—BB BB—^B^ BB BB Bi condemnation (7) Bfl 10 Very small rise in the main II Highest head-covering (3-3) I 13289 words
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EDITORIAL & OPINION
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506 2009-05-07 18 MARKET turning points are very hard to spot. A recent example was the March 9 market bottom. Then, the world seemed a bleak place: we were in for a prolonged depression; banks were going to fail; many companies were going bankrupt and millions were506 words
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Article, Illustration1021 2009-05-07 18 KALPANA KOCHHAR - KALPANA KOCHHAR Increasingly, Asia will have to develop its own autonomous sources of demand fl HAT a difference a year makes. Last May, Asia seemed to be in an enviable position, with its economies continuing to boom, even as the United States wasAFP - 1,021 words
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Article, Illustration773 2009-05-07 18 ANTHONY ROWLEY - ANTHONY ROWLEY THE BOTTOM LINE INFRASTRUCTURE has been the flavour of the month at the Asian Development Bank annual meeting in Bali this week. This is natural enough since building roads, railways and power stations is usually a public sector activity and one773 words
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Article, Illustration817 2009-05-07 19 EDWARD HADAS; CONSTANTINE COURCOULAS - Spring has sprung in the northern hemisphere but the economy has not caught the seasonal spirit By El and EDWARD HADAS CONSTANTINE COURCOULAS SPRING is easy to spot in the meadows and fields. The financial markets seem to have caught the seasonal spirit. But inREUTERS - 817 words
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Article, Illustration695 2009-05-07 19 ANKUR GUPTA - ANKUR GUPTA KIGHTS holders and anti-piracy advocacy groups the world over are rejoicing in the recent landmark victory that the International Federation of the Phonographic Industry (IFPI) has secured over The Pirate Bay, a filesharing website powered by bit torrent tracking technology. A Swedish courtREUTERS - 695 words
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Article, Illustration906 2009-05-07 19 WILLIAM PESEK JR - WILLIAM PESEK JR Bloomberg THE International Monetary Fund's (IMF) 1997 meeting has a special place in the hearts of many journalists. There we were in Hong Kong, Asia's economies crashing around us, watching George Soros quarrel with Malaysia's prime minister. The billionaire describedBloomberg - 906 words
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SINGAPORE STOCKS
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Article8919 2009-05-07 20 Transaction date: May 6 52-wks Tel |h Low Code Last Sale Vol Cooo) Hi: Day Last Quote Div Gr Yld Net 111 Low Buyer Seller C'vr P/E M Cap Sniil Hi! Com| >ari] 8 3 3148 8Telecom 10.5 2.5 5834 A-Sonic 30.5 12 5000 ABRHIdgs 16 5.5 19388,919 words
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Article1730 2009-05-07 21 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E M Cap $mil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 2 0.5 t APStrategic R 4 0.5 1501 s Advanced System 111,730 words
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Article306 2009-05-07 21 Hii Low Code Comi Sale C000) Hii Low Bm Seller Cvr P/E imil 108 100 6389 ABFSGBondETF 108 107.1 109 493 49; 982 427 CIMBAsean40 100US$ 219 149 DBSSTIETMOO US575 219 +3 +11 1 87 575 219 572 208 590 594 219 220 23 5.3 2: 5.: 2288306 words
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Article247 2009-05-07 21 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 offer247 words
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Article9313 2009-05-07 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.719/ AIGIF Spore Bond Fund/ A 1.223/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.86/ APS Alpha Fund (USD)!** 0.58/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5164/ APS Komaba9,313 words
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Page 20 Advertisements
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Advertisement10 2009-05-07 20 For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com I^^^* 11 BE10 words
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FINANCE & COMMODITIES
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365 2009-05-07 22 %dy %yr dy yr dy yr Index Change Change Change Change Change Change May 5 World Index Preliminan 685.5 -0.1 1.1 -0.3 2.3 0.0 0.1 EAFE Preliminai 655.3 0.4 0.9 0.3 0.5 0.7 -1.6 Euro[ Prelim inan 914.8 0.5 0.4 0.4 1.1 0.7 -1.0 Pacific365 words
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Article130 2009-05-07 22 As at 9am May 6 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Austdollar 1.0810 1.1140 Can dollar 1.2470 1.2620 Euro 1.9530 1.9740 NZ dollar 0.8460 0.8650 Sterlini 2.2080 2.2330 US dollar 1.4690 1.4850 Local dollars to 100 units of foreign currency: Currencies130 words
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Article173 2009-05-07 22 May 6 Bii i± Otter Overnight 1/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.03 US$ Offer 1/32 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.35 0.55 0 90 1.10 1.65 2.10 2.30 Offer 0.25173 words
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Article23 2009-05-07 22 May 6 ten STI ilMSCI Ma' 251.4 266.1 264.4 Taiwan Ma' 244.0 245.3 244.2 Source: MF Global (S) He. Ltd23 words
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Article21 2009-05-07 22 May 6 Bid Offer 1-month 1.4750 1.4767 2-months 1.4748 1.4766 3-months 1.4746 1.4764 6-months 1.4740 1.4760 Source: OCBC21 words
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Article61 2009-05-07 22 May 6 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low May 09 2804 Jun 09 2698 Jul 09 2625 Aug 09 2570 Total o/p: ***** contracts 2833 2832 2775 2754 2772 2698 2680 2698 2620 2625 2636 2570 Turnover: ***** Market tone:61 words
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Article247 2009-05-07 22 May 6 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO9 SepO9 DecO9 Mar10 99.0950 99.0450 98.8400 98.7050 6832 2464 2537 3216 EUROYEN TIBOR FUTURES JunO9 SepO9 DecO9 Mar10 Jun10 Sep10 Dec10 Mar11 99.450 99.515 99.525 99.500 99.465 99.385 99.340 99.255 ***** 4355 2167 2127 700 281247 words
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Article187 2009-05-07 22 May 6 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) JunO9 170.5 Jul 09 Aug 09 Sep 09 Oct09 172.2 NOV09 172.3 170.0 168.5 168.5 171.5 171.5 171.5 171.5 171.5 171.5 32 60 44 44 833 908 820 958187 words
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Article90 2009-05-07 22 May 6 IKbAbUKY bILLb Period Issue code Maturity Yesterday's Bid Hi. Day's [h Low 3-Month BQ*****A 06.08.09 1-Year BY*****W 03.05.10 0.20 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hig Day's igh Low 2-Year N*****0E 3.125 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NY*****A 4.00090 words
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Article101 2009-05-07 22 May 5 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 09 1116.00 1115.25 1127.00 1107.00 Jul 09 1101.00 1103.50 1116.75 1092.00 Aug 09 1061.50 1068.00 1078.00 1053.00 SepO9 1007.00 1014.25 1024.50 998.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 37.69 37.94 38.01 37.46101 words
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Article77 2009-05-07 22 CRUDE OIL PRODUCTS May 5 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 53.82 0.13 WTI (Near Mth) 53.85 -0.55 Dubai (1-Mth F) 53.77 1.59 Tapis blend 57.80 1.55 Minas 55.95 1.60 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 49.67 60.35 1.12 0.75 US$/barrel Opec Oil77 words
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Article474 2009-05-07 22 May 6 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.872 5.062 0.558 5.750 36.682 77.274 0.731 9.445 2.625 1.277 59.734 35.447 1.095 6.312 0.841 24.610 26.094 0.493 0.742 Canada 1.146 5.803 0.639 6.591 42.048474 words
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Article78 2009-05-07 22 May 6 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** 3 mths 1.***** 0.***** 6 mths 1.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs78 words
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Article169 2009-05-07 22 May 6 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0943 1.0959 0.7418 0.7421 Canadian dollar 1.2544 1.2561 0.8503 0.8506 Euro 1.9632 1.9653 1.3308 1.3309 NZ dollar 0.8568 0.8588 0.5808 0.5816 Sterling 2.2187 2.2215 1.5040 1.504. US169 words
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Article142 2009-05-07 22 May 6 GOLD (USS/oz) Mat 06 Ma: OS Hong Kong London 902.50 902.00 903.50 903.00 May 01 May 05 883.80 903.70 885.00 904.90 Source: Thomson Reuters CAST BAR (S$) May 06 Buying Sellini Kilobar "46,197.25" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm142 words
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Article68 2009-05-07 22 MayS Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1507.25 1504.00 3 months 1544.00 1539.00 Copper, Grade A (US$/tonne) Cash 3 months 4529.50 4530.00 4604.50 4600.00 Lead (US$/tonne) Cash 1393.00 3 months 1405.00 1389.50 1400.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.0068 words
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Article73 2009-05-07 22 May 5 COCOA (Btonne) Close Prev Hii ih/Low May 09 1750 1730 1762/1720 Jul 09 1673 1672 1686/1653 SepO9 1670 1669 1680/1653 Dec 09 1665 1662 1677/1647 COFFEE (US$/tonne) Close Pev High/Low May 09 1495 1475 1496/1468 JulO9 1515 1495 1525/1480 SepO9 1528 1507 1534/1495 SUGAR (US tonne) White73 words
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2317 2009-05-07 22 BONDS, WARRANTS EXTENDED SETTLEMENT Tel Code Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left 2036AdvanceSCTW*****9 0.5 susp 9092 Asia Environment W*****4 5 4.5 19 4481 Asia Water Tech W*****0 18.5 1 87 2400 7.00 1 38 207 2.80 1 18 2842,317 words
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Page 23 Advertisements
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Advertisement3202 2009-05-07 23 m The Business Times Shipping Times 919 3SQ Mf WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M I^^ A^^^^l &s|£ jfeHMffißllrlaßJll^^ I%TTTI\ lAf A M LI A I I lIITC TEL:*****588 (14 LINES) FAX:*****163 »^B yiTIH lilHJtTl^B SHnllnmlilimPvPllllM BH'WSSWWI^^HWB'PB I Y\^l WAN HAI INtS PKL tel= C^ *****58S FAX: (OS)3,202 words
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Page 24 Advertisements
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Advertisement5640 2009-05-07 24 F^^^^^^^^^^^^^^^^^H I trjr\ eastern car liner, ltd I I^^ffiEIDBEJ W2^^^A IV—^—i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS B^^jj BjM-__-l_--------------------i IWlS___]_________l VOY I RoinKKT) I Lillinq(KT) I MNL I MUA I SIN I PKL I BTL )KT I PCL/PHL SERVICE AAAX SERVICE CnnecHng ECL Svcvig MALTA FORTUNE WIND |fig5,640 words
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BizlT
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Article, Illustration612 2009-05-07 25 WINSTON CHAI - WINSTON CHAI Junk it Spam subjects containing both swine and flu 2009 Source: WITH fears of an impending swine flu pandemic hitting fever pitch, spammers and malicious software creators are trying to cash in on the paranoia by offering Asian Internet users more: McAfee Avert Labs - 612 words
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212 2009-05-07 25 -NYT [NEW YORK] The iPod stemmed losses in the music industry. The Kindle gave beleaguered book publishers a reason for optimism. Now the recession-rav-aged newspaper and magazine industries are hoping for their own knight in shining digital armour, in the form of portable reading-NYT - 212 words
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Article, Illustration589 2009-05-07 25 Tech firms such as NCS, StarHub and Ml are better prepared to tackle business disruptions this time around as the threat of the HINI flu looms, reports ONG BOON KIAT THREE tech firms here are confident that they'll be able to tackle anyFILE PHOTO - 589 words
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PROPERTY
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Article, Illustration1499 2009-05-07 26 Bloomberg For many owners of high-end homes, their strategy backfired when the market for jumbo mortgages dried up [NEW YORK] Chuck Dayton put down a quarter of the U*****,000 purchase price when he bought his house in Newport Beach, California, in 2004. He– Bloomberg; BLOOMBERG - 1,499 words
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308 2009-05-07 27 Reuters Prices have now fallen by 22% from their peak in August 2007 [LONDON] House prices in Britain fell by a bigger-than-expected 1.7 per cent in April and by 17.7 per cent in the three months to April compared with a year earlier,– Reuters - 308 words
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328 2009-05-07 27 Bloomberg [EDINBURGH] Rightmove Pic, the owner of the UK's largest residential-property website, raised its 2009 pre-tax profit forecast as it cut costs more than expected. Annual costs are likely to be £1 million (552.2 million) less than previously forecast, the London-based company said inBloomberg - 328 words
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Article, Illustration242 2009-05-07 27 Reuters [NEW YORK] Home values in the United States extended their fall in the first quarter, with more than one in five homeowners now owing more on their mortgages than their homes are worth, real estate website Zillow.com said yesterday. US home values– Reuters; i n i AFP - 242 words
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Article, Illustration460 2009-05-07 28 KALPANA RASHIWALA - Interest picks up in stara offices: Cushman Wakefield KALPANA RASHIWALA Price gap between sellers and buyers also narrows in past few months THERE has been a pick-up lately in activity and prices in the strata office market, says Cushman Wakefield Singapore managing director Donald Han. For instance, a 2,443 sqFILE PHOTO - 460 words
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262 2009-05-07 28 SERVICE apartment operator The Ascott Group yesterday said it was awarded a contract by Shanghai Li King Real Estate Development Co to manage a new premier property in Shanghai. Shanghai Li King Real Estate Development Co is part of Lai Fung Holdings, a Hong Kong-listed262 words
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649 2009-05-07 28 Reuters [TAIPEI] Powered by solar energy generated on its roof, Taipei 101, the world's tallest completed building, is not only a leader for its breathtaking height but also for its eco-friendly features. Finished in 2004, the skyscraper is a rare example of green design– Reuters - 649 words
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Advertisement91 2009-05-07 26 6% RETURN FOR UP TO 4 YEARS* II [EXCELLENT EXCELLENT |H| OPPORTUNITY IN LONDON EXHIBITION: SINGAPORE 16-17 MAY 2009 10am-spm HELD AT: THE GRAND HYATT HOTEL, 10 SCOTTS ROAD, SINGAPORE, *****1 (SIR HENRY KEPPEL 111 ROOM) ___L —___L_tf___ H >i i---^- B. ■■■■■■-■■■■■■■■■■■■■■■■■■-IMM Zlß__£s^iaT^~-4lflr _ff**M -SBBB-m _____ff~H EsFZ'jar'sL W "•!ii:'Bl91 words
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Advertisement214 2009-05-07 26 High Profile High-Tech Industrial I R&D Space for lease r I Prominently located in Science i I Park I I I I 9,500 sf approximately (single floor plate) <r 1^ I I I Well maintained facility grra* L I I Easy access to AYE and CBD Near proximity to various214 words
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Advertisement32 2009-05-07 26 For Lease H Corporate Building At 100 PasirPanjang 4-Storey with ample basement carparks Approx 14,000 120,000 sqft Suitable for IT related offices, media, storage light production Rental from Ssl.2opsf& above Immediate www.savills.com.sg32 words
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Advertisement192 2009-05-07 27 ROBERT BOSCH (SEA) BUILDING tM Biie.M__.y_r t--J y._m w'*B p Jft ffi -_4^j 1 mW*E&__\_m Office Space For Lease 11, Bishan St 21 (SGP 101) 38C, Jalan Pemimpin (SGP 100) 1,400 sq ft to 56,000 sq ft lettable area Gross Fir area 61,0005q ft Opposite Marymount MRT station Net Fir192 words
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Advertisement708 2009-05-07 28 UTTTTFTTTTHVBfj TWagj miiiii Z code V f 1 A 1 fl L r %^SV* rllls-^ HOW TO ZAP: Download software by SMS-ing the word "zap" to ***** (post-paid) or 9741-9401 (pre-paid). I M VJCj-I V lllv_l Zap the colour code found in the Savills advertisement. (T^T| lf~: j'J 'll' BY/M708 words
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