The Business Times, 21 May 2009

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Total Pages: 29
1 29 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 .Thursday, May 21,2009
    20 words
  • 763 1  -  S JAYASANKARAN PAULINE NG M'sian PM tells BT that status quo is not an option By and in Kuala Lumpur MALAYSIAN Prime Minister Najib Razak said yesterday he remained committed to liberalising the country's economy because sticking with the status quo would be
    BT PHOTO  -  763 words
  • MARKETS DIGEST
    • 48 1 Inesi lay lange 1COMP 1,042.67 +19.18 IIKKEI225 9,344.64 +54.35 IANG SENG 17,475.84 -68.19 ;et index 561.41 +4.94 JAKARTA COM P 1,885.72 -0.29 IANILACOMP 2,333.76 +24.18 ;eoulcomp 1,435.70 +7.49 ;henzhen b 410.76 -0.69 IUMBAI IND 14,060.66 -241.37 12 noon EDT Change )OW 8,496.51 +21.66 IAS DAI 1,748.51 +13.97
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    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.398 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • 42 1 IS$ (S$ per US$) 1.464 (US$/S$ per 1.551 2.270 ;URO (US$/S$/E) 1.364 1.996 Foreign currency per US$ S$ 'EN 96.00 65.60 3.538 2.417 IK$ 7.752 5.297 !AHT 34.46 23.54 lUPIAH 10,395 7,103 lENMINBI 6.825 4.664 INDIAN RUPEE 47.58 32.51 1.295 0.885
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  • 695 1  -  JAMIE LEE SEC proposes change in board elections but Spore situation is different, watchers say ByJ [SINGAPORE] Regulators in the United States today will propose new rules that could significantly change the role played by investors in governing publicly traded companies. The
    695 words
  • Page 1 Advertisements
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  • Page 1 Miscellaneous
    • 50 1 JAPAN PROPERTY SPORE ARTS J^^ J BizlT SHELL Worst slump Prime office rents FESTIVAL jjr^l II /t. MPS market to Shareholders vote in 50 years check their slide Sutra artistry L\ v &ow H-5% against executive pay PAGE 2 PAGE 3 PAGE 14 PAGE 28 PAGE 18 PROFILES! PAGE 11
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  • TOP STORIES
    • 630 2  -  ANTHONY ROWLEY 4% contraction in Q1 leaves recovery prospects uncertain By in Tokyo JAPAN'S economy contracted by 4 per cent or 15.2 per cent at an annual rate in the first quarter of this year marking the most dramatic slump in GDP during
      630 words
    • 613 2 Bloomberg [WASHINGTON] Treasury Secretary Timothy Geithner expects a government programme to help banks remove their distressed assets to start by early July, policymakers' next step in ending the worst credit crisis in decades. "Working with the Federal Reserve and the FDIC,
      Bloomberg; AFP  -  613 words
    • 559 2  -  ANNATEO But it's deemed one of the most resilient in new stress test By [SINGAPORE] Singapore has dropped one rung to third in the latest world competitiveness rankings, behind the United States and Hong Kong. But it also emerges as one of
      559 words
    • THREE-MINUTE DIGEST
      • 77 2 US REGULATORS will today propose new rules that could significantly change the role played by investors in governing publicly traded companies. The Securities and Exchange Commission is paving a path that will allow "large shareholders" to nominate as many as one-quarter of
        77 words
      • 57 2 MALAYSIAN Prime Minister Najib Razak said yesterday he remained committed to liberalising the country's economy because sticking with the status quo would be "worse". In an interview with BT at Malaysia's Parliament House yesterday, Mr Najib brushed aside suggestions that his six-week-old administration
        57 words
      • 69 2 JAPAN'S economy contracted by 4 per cent or 15.2 per cent at an annual rate in the first quarter of this year marking the most dramatic slump in GDP during the 50 years for which records have been kept in the country and
        69 words
      • 65 2 THE pace of decline in prime office rents slowed in the first six weeks of the second quarter and the improvement has been most visible in the key Raffles Place sub-market, going by latest data from Cushman Wakefield. The moderation in rental decline was
        65 words
      • 58 2 A TENDER to sell a disputed US$454 million semi-submersible rig closed yesterday with rig builder Sembcorp Marine evaluating the various offers it has on the table, including a commercial proposal from opponents and third parties that will result in SembMarine unit Jurong Shipyard
        58 words
      • 55 2 INVESTORS in Morgan Stanley's Pinnacle Series 1 notes may soon lose every cent they put in. There are some 342 retail investors here who invested a total of about $14.7 million, the Monetary Authority of Singapore said yesterday in response to BT
        55 words
      • 58 2 ON June 22, Singapore Press Holdings, Singapore Exchange and the FTSE Group will launch the new FTSE ST Catalist Index. This new index will enable investors to track the performance of sponsored companies listed on Catalist, the three parties said in
        58 words
      • 40 2 THE government will continue to monitor the property and construction markets and adopt more measures to keep them stable if needed, said National Development Minister Mah Bow Tan yesterday. SINGAPORE NEWS, PAGE 10
        40 words
      • 58 2 ENTHUSIASM about an economic recovery in China may be "premature" as private investment lags behind government spending, the World Bank said. "Until we see a recovery in private investment, it's hard to get too excited about the future," said David Dollar, country
        58 words
    • 522 2 AP, Reuters [PARIS] A French court yesterday dismissed Ferrari's bid to stop Formula One from instituting a budget cap next season. Ferrari sought a court injunction against governing body FlA's plans to introduce a voluntary US$6O million cap for racing teams
      – AP, Reuters; AP  -  522 words
    • 270 3 Reuters [WASHINGTON] Investors would be allowed to sue credit-rating agencies that knowingly or recklessly failed to review key information to develop a rating, under legislation introduced by senior US Senator Jack Reed on Tuesday. Mr Reed's bill would give the US Securities and
      – Reuters  -  270 words
    • 791 3  -  KALPANA RASHIWALA Pace of decline slows down but new supply looms over the next few years By [SlNGAPOßE] The pace of decline in prime office rents slowed in the first six weeks of the second quarter and the improvement has been most visible in
      CLishman&Wakefield  -  791 words
    • 524 3  -  RONNIE LIM Jurong Aromatics Corp wants to get Jurong Island project going By [SINGAPORE] A petrochemicals consortium is turning to funding from governmental agencies in Singapore and South Korea for its stalled multi-billion dollar Jurong Island investment, now targeted to start up in
      524 words

  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 887 4 M 1 fr>J»%fef TsJ^V** HHHIIIIRH Our Priority Banking customers deserve nothing but the best. That's why &A Lv fc*^^^ £<^~- i^i s we're giving you the opportunity to earn more rewards than ever. You will fif r. y. ™>* .'ji &j fc^. receive air miles* not only on your credit
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  • COMPANY NEWS
    • 398 5  -  VINCENT WEE One from opponents and third parties will give Jurong unit full payment By A TENDER to sell a disputed US$454 million semi-submersible rig closed yesterday with rig builder Sembcorp Marine evaluating the various offers it has on the table, including a
      398 words
    • 397 5 -Reuters [SINGAPORE] Mercator Lines (Singapore) has said that it will lift its fleet size by a quarter to 15 by 2010 and sees increased coal demand from India giving a boost to dry bulk shipping. Dry bulk shipping is still likely
      -Reuters  -  397 words
    • 454 5  -  JAMIE LEE Mandatory redemption likely; final recovery amount likely to be zero By INVESTORS in Morgan Stanley's Pinnacle Series 1 notes may soon lose every cent they put in. There are some 342 retail investors here who invested a total
      454 words
    • 304 5  -  OH BOON PING Provision of animal research, blood bank equipment By CHINA-BASED Techcomp Holdings, which makes analytical and life science instruments, has won a US$3 million contract to provide laboratory equipment for animal research and blood banks. The United Nations contract involves the shipment of
      FILE PHOTO  -  304 words
    • 684 5  -  R SIVANITHY HOCK LOCK SIEW By AFTER more than a year in the doldrums, the structured warrants segment of the local market is starting to show encouraging signs of life, with average daily business having now doubled from a paltry $36 million in January
      684 words
    • 404 6  -  TEH SHI NING It will let investors track performance of sponsored firms listed on Catalist By ON June 22, Singapore Press Holdings (SPH), Singapore Exchange (SGX) and the FTSE Group will launch the new FTSE ST Catalist Index. This new index
      BLOOMBERG  -  404 words
    • 479 6  -  JOANNE TANG Company says move will help to widen its market reach By IN a deal that will cost HK$l5 million (Ss2.B million), Time Watch Investments Limited proposed to acquire a stake of 13 per cent in three companies Fortune Concept Limited (FCL), pe.timedesign GmbH
      479 words
    • 336 6 Reuters Firm's order book falls to $159 m, from $216 m in November [SINGAPORE] Singapore energy engineering firm Technics Oil Gas said yesterday that it expects to lift its revenue by at least 20 per cent in its current financial year as
      – Reuters  -  336 words
    • COMPANY BRIEFS
      • 75 6 SURFACE Mount Technology (Holdings) warned that it expects to report a lower revenue for the financial year ended March 2009 with a net operating loss as compared to a year ago. The financial performance had been impacted by a drop in customer orders due
        75 words
      • 90 6 Reuters OIL services firm Ezra Holdings is raising up to US$54 million by selling new shares at a discount of 6.2 per cent to 9.2 per cent to their last trading price, a person familiar with the deal said. The company is
        – Reuters  -  90 words
      • 136 6 ADVENTUS Holdings filed an application with the High Court of Singapore yesterday for a winding up order to be made against Watson Plastics Industries (WPI), on the grounds that WPI is unable to pay its debts when they fall due. Adventus owns 40
        136 words
  • Page 5 Advertisements
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    • 20 5 \r~ CATS Recruit 1 The first door to I jj your world of opportunities V t JT~ RECRUIT o < O
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  • Page 6 Advertisements
    • 477 6 THE MONETARY AUTHORITY OF SINGAPORE TENOR APPROXIMATELY 10 YEARS TOTAL AMOUNT OFFERED SGD 2,000,000,000 MINIMUM DENOMINATION SGD 1,000 MAS' INTENDED TENDER AMOUNT SGD 400,000,000 (NON-COMPETITIVE) ISSUE CODE NXO9IOOW ISINCODE 5G********** ISSUE DATE/SETTLEMENT DATE 1 JUNE 2009 MATURITY DATE* 1 JUNE 2019 COUPON RATE TO BE DETERMINED BASED ON THE CUT-OFF
      477 words

  • SINGAPORE MARKETS
    • 583 7  -  R SIVANITHY STOCKS STI enjoys moderate 8.88-point rise with trade focusing on penny stocks; conglomerates also gain interest AFTER surging 83 points on Tuesday, yesterday's more moderate 8.88-point rise in the Straits Times Index to 2,269.24 did not come as much of a surprise, especially
      Bloomberg  -  583 words
    • 96 7 Up Down Unch Up Down Unch Up Down Unch lulti Ind 14 1 4 0 0 0 14 1 4 lanufacturing 82 53 47 12 10 94 62 57 Commerce 33 15 22 37 17 30 'pt/Stor/Comms 13 17 15 18 :inance 18 18 Construction 11 'roperties
      96 words
    • 116 7 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 36,189 36,189 85,199 85,199 lanufacturing 664,089 55,754 719,843 422,243 2,614 424,857 lommerce 233,847 96,779 330,626 127,135 27,161 154,296 'pt/Stor/Comms 223,766 344 224,110 310,282 18 310,299 :i nance 35,196 35,196 261,487 261,487 lonstruction 319,572 4,337 323,909 61,176 165 61,341 'roperties
      116 words
    • 103 7 lapitaLand 3.510 +0.100 lapitaMal 1.330 -0.020 jtyDev 8.200 lomfortDelGro 1.330 -0.010 Iosco Corp 1.190 +0.030 IBS Grp 12.120 -0.380 :&N 3.970 +0.230 ienting SP 0.750 +0.010 iolden Agri 0.475 +0.060 IK Land 2.850 +0.140 IMH 22.740 +0.640 ISH 13.080 +0.440 lardineC&C 15.900 -0.020 Ceppel Corp 6.780
      103 words
    • Article, Illustration
      807 7  -  JOYCE HOOI Wilmar International May 20 close: $4.70 KIM ENG RESEARCH, May 20 WE ARE initiating coverage on Wilmar International with a "Buy" recommendation and a target price of $5.70. While Wilmar's share price has outperformed the market year-to-date, we believe that there is still further upside, with
      : Bloomberg; Bloomberg  -  807 words
    • 509 7 Reuters CURRENCIES [NEW YORK] The US dollar hit its lowest level in more than four months against a basket of major currencies yesterday, continuing its slide as investors stuck to the view that the worst of the global financial crisis had passed. That
      – Reuters; REUTERS  -  509 words
    • 4 7 DAILY
      4 words
    • 59 7 May 20 VALUE CLOSE IT OB/OS 611.00 -256.C IT CADI -*****.00+127. IT 10-day MA -*****.00 +62.0i TSE ST Mid Cap 483.53 +8.7' TSE ST Small Cap 413.79 +5.0: TSE ST All Share 548.51 +3.5 TSE ST China Top 225.85 +5.2 TSE ST China 224.09 +3.4i IOB Catalist
      59 words
    • 63 7 VOLUME Golden Agri 343,539,000 Yonqnam 124,870,000 Ocean us 93,098,000 China Honqxinq 91,459,000 Genting SP 65,613,000 Lian Benq 61,077,000 IS MSCI India 100 58,420,600 RafflesEdu 58,082,000 Achieya 57,447,000 Cosco Corp 56,812,000 VALUE(S) IS MSCI India 100 462,445,295 Golden Agri 156,703,065 SinqTel 118,969,560 Capita Land 112,372,800 DBS Grp 106,393,692
      63 words
    • 98 7 CLOSE UP IMH 2274 93.6 2.9 LD 10US$ 9130 87.8 0. iBXT MSTaiwan 10US$ 1332 79.0 4., fxor Emen |Mkts 1 758 67.3 6. ISH 1308 64.4 3. ICBC Bk5.1%NCPS 100 9670 50.0 0. 'PC 479 44.0 10.1 lUE 1020 40.0 4.1 IOB 5.05%NCPS 100 9600 40.0 0.. &N.ES.0905
      98 words
    • 119 7 CLOSE DOWN MS India 10US$ 1164 -60.0 -3.4 India Ni 10 1318 -53.0 -3.9 iBS Gr| 1212 -38.0 -3.0 Omei iNay 1762 -38.0 -2.1 UOB 1458 -30.0 -2.0 YHS 151 -29.0 -16.1 STXPO 100 1438 -22.0 -1.5 IS MSCI India 100 528 -10.2 -1.3 Sini iTel 294 -10.0 -3.3
      119 words
    • 84 7 May 20 CHNG CLOSE FRMay19 YR2009 S$ LOW S$ HIGH USS 1.4613 0.08 1.5579 1.4308 Euro 1.9939 -0.09 2.0732 1.9150 Pounds 2.2668 -0.25 2.2714 2.0356 AS 1.1290 0.28 1.1321 0.9453 Yen* 1.5235 -0.41 1.7278 1.4831 Rupiah* 0.***** 0.28 0.***** 0.***** Baht* 4.2430 0.20 4.3390 4.1040 Peso*
      84 words

  • 828 8 Paris, the city of lights, is one of the most visited places in the world. But those travellers who are willing to venture outside the romantic city will find out that there is more to France than just the familiar sights of the Eiffel Tower
    Maison de la France / MAZIN; Maison de la France / VINCENT  -  828 words
  • 316 8 Singapore Airlines, the first in the world to fly the Airbus A3BO, is adding Paris to the list of destinations served by the world's largest passenger aircraft. The A3BO features 12 stately Singapore Airlines Suites a cabin class beyond first on the main
    316 words
  • Page 8 Advertisements
    • 78 8 This is a special feature brought to you by sIna APORE airlires A great way to fly K^L Jgffit -*~i Poris Tourist Office Win a pair of tijt Hrv i Singapore Airlines A3BO asss£sa«- i^^ I^SP^^^^ Business Class tickets a holiday in Paris! 'f \SB Ybu stand to ivin f/iese
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  • SINGAPORE NEWS
    • 347 9  -  CHEN HUIFEN ADDENDUM TO PRESIDENT'S ADDRESS It will build new nursing homes, hospitals, recruit and train staff By MORE land will be released for the development of intermediate and long-term care (ILTC) facilities as Singapore gears up to meet the needs of an ageing
      347 words
    • 357 9  -  LEE U-WEN By SINGAPORE'S clean and green environment helps attract international friends, investors and talent, Environment and Water Resources Minister Yaacob Ibrahim said yesterday. In his ministry's addendum to the President's address in Parliament, he said the quality of the environment will
      357 words
    • 336 9  -  EMILYN YAP It will also help build capabilities of construction firms Byl THE government will continue to monitor the property and construction markets and adopt more measures to keep them stable if needed, said National Development Minister Mah Bow Tan yesterday. The Ministry
      336 words
    • 212 9 MALAYSIAN Prime Minister Najib Razak will make a two-day introductory visit to Singapore starting today. It will be the third stop on Mr Najib's introductory visits to Asean countries a tradition for new heads of state in the regional grouping. He has already visited Indonesia
      212 words
    • 482 9  -  LEE U-WEN Sergey Bubka praises Singapore's Games preparations By SINCE the turn of the year, the International Olympic Committee (IOC) has seen its coffers shrink by US$34 million about 8 per cent of its original US$4OO million of reserves due to the sharp
      AP  -  482 words
    • 369 9 Cat E breaches $10,000 on strong car demand, filling of backlog orders THE premium for a Certificate of Entitlement has crossed the $10,000 mark for the first time in six months. In yesterday's COE bidding exercise, Category E the open category jumped $1,545 to $10,046. The
      369 words
    • 431 10  - Beat the recession team is out to help you MICHELLE YEO Scheme encourages people to act positively in crisis By YOUNG Business Leaders (YBL), a network of Singapore business leaders and entrepreneurs, yesterday launched "Beat the Recession" a pro bono initiative led collectively by the private sector to help local
      LIANHE ZAOBAO  -  431 words
    • SINGAPORE ROUNDUP
      • 45 10 THE third Abu Dhabi-Singapore Joint Forum was held in Shanghai yesterday, where the parties met to strengthen economic ties and discuss business opportunities in China. This is the first time the bilateral business council has met in a third country.
        45 words
      • 44 10 THE Land Transport Authority (LTA) has been awarded 4.07 points out of a maximum 5 by DuPont Safety Resources, an international safety auditor. This score ranks LTA in the top 5-10 per cent of organisations worldwide for safety excellence.
        44 words
      • 33 10 THE Direct School Admission Exercise for junior colleges and polytechnics starts on June 29 and July 8 respectively. The closing date for the exercises will be Oct9.
        33 words
    • 851 10  -  ZHANG Yl TING XMI is now sold in 48 countries, across six continents and on 30 airlines By i SINCE its first product launch in August 2007 one year after founder and CEO Ryan Lee started the company XMI has sold in
      ZHANG Yl TING  -  851 words
    • 668 10  -  LIEWAIQING A diverse customer base and hiring more staff to bag more contracts is Jenmon's strategy By JENMON International's managing director Mark Ong has come a long way from the days of helping clear chicken coops and washing his siblings' cars for
      668 words

  • Page 10 Advertisements
    • 22 10 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. H
      22 words
    • 54 10 These are features on the finalists of the Emerging Enterprise EffiGFC/HICI 2009 (EEO9) award. Jointly presented by The Business Times #\r yPnfcwtvic/3 and OCBC Bank, the EEO9 recognises young SMEs with I *2009 annual sales of less than $10 million. It is supported by M^ Spring Singapore, NUS Extension and
      54 words

  • SINGAPORE INTERNATIONAL
    • 907 11 IE Singapore is keen to egg on local players to team up with associations to break into markets overseas, reports CHUANG PECK MING ANY info-comm technology (ICT) firms here are not letting the global recession get in the way of their overseas ambitions. A poll
      907 words
    • 336 11  -  CHUANG PECK MING By( WHEN others are cutting back, Emerio Globe Soft is pushing ahead with global expansion plans. And despite the difficult economic conditions, the local consulting and information technology services firm is enjoying success It recently clinched a deal with
      336 words
    • 344 11 INTERNATIONAL Enterprise (IE) Singapore has various programmes in place to help all companies including those in ICT target overseas markets or projects. There are several new schemes, as well as enhancements to existing ones. Facilitating access to finance Companies that face finance problems or higher
      344 words
    • 369 11  -  CHUANG PECK MING By< NOVACITYNETS knows what to do about the current business slowdown: Expand into new markets. "Amid the recent turmoil we are experiencing some delay in some potential projects in certain countries," says Joyce Wong, the company's executive vice-president and general manager.
      369 words
  • Page 11 Advertisements
    • 205 11 Singapore International A fortnightly series brought to you by IE Singapore and The Business Times A II IIT l:l Pm Seminar Series: Exporters' Seminar j^ Exporting Effectively in the Current Economic Climate ili^^^^B^ IE Singapore's Exporters' Seminar returns for the second year. Learn how to build up your company's L
      205 words

  • Page 12 Advertisements
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  • SINGAPORE ARTS FESTIVAL 2009
    • 454 13 There is an exhilarating raw youthfulness about Beltrao's H3, reports ONG SOH CHIN THERE is nothing quite like the untrammelled energy that is produced when a group of male dancers take to the stage. Without any female presence to round off the edges, the sum effect
      454 words
    • 520 13  -  UMA SHANKARI Dance artistry from Shaolin monks choreographed by a Belgian By I GONGFU-fighting monks and an avant garde choreographer make strange bedfellows but they are responsible for the kind of groundbreaking dance artistry that leads to sell-out performances around the world. Tomorrow, Singapore gets its first
      HUGOGLENDINNING  -  520 words
  • Page 13 Advertisements
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      69 words

  • ECONOMY WATCH
    • 484 14 Bloomberg It also increases number of firms that can rate assets for the loan programme [WASHINGTON] The Federal Reserve will include legacy assets for the first time in a US$l trillion programme to revive credit markets, expanding the effort to
      Bloomberg  -  484 words
    • 524 14 Bloomberg, NYT Supervisors in talks with banks on getting approval [NEW YORK] The Federal Reserve plans to announce its first response to banks' requests to repay Troubled Asset Relief Program funds around the week of June 8, a central bank official
      – Bloomberg, NYT  -  524 words
    • 295 14 Reuters [PHILADELPHIA] Canada has less need than other countries to boost its economy with unusual steps such as printing money to buy assets, a Bank of Canada official said on Tuesday, hammering home the message that it has done enough to combat the recession.
      – Reuters; REUTERS  -  295 words
    • 548 14 Reuters [ZURICH] Banks will come under heavy regulatory pressure to use the first global set of standards for testing whether they can withstand big shocks, a top global supervisor said yesterday. The Bank for International Settlements, a forum for the world's central
      – Reuters  -  548 words
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    • 65 14 1^). x^H S^k^-x i "4»S? i j L«# »f i ,w?By i' M -'k j^^H 19 21 May 2009 Suntec Singapore www.cityscapeasia.com 10am 6pm Daily CITYSC APE Business Card Required For Entry Asia's Premier International Real Estate Investment Development Event ASIA Gold Sponsor Endorsed by Held in Organised by SCALA
      65 words

  • MALAYSIA/INDONESIA
    • 1273 15 MALAYSIAN Prime Minister Najib Razak spoke to The Business Times at Parliament House earlier this week. Looking relaxed and sounding confident, Mr Najib, 55, fielded a wide array of questions from correspondents S JAYASANKARAN and PAULINE NG on the economy and bilateral relations. Excerpts:
      BT PHOTO  -  1,273 words
    • 344 15 AFP His running mate vows to fight graft, lift domestic market [JAKARTA] Indonesian President Susilo Bambang Yudhoyono yesterday pledged to return the country to strong growth of seven per cent by 2014 if he is re-elected in July. The president known simply as
      AFP  -  344 words
  • Page 15 Advertisements
    • 695 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 SOLUTION 6 (SINGAPORE) r/\ pjg |_JQ TECHNOLOGY LTD N° ALANTAC TECHNOLOGY LTD. (Incorporated in the Republic of Singapore) MEMBER'S VOLUNTARY (Company Registration Number: *****1749E) LIQUIDATION At an Extraordinary General NOTICE OF EXTRAORDINARY GENERAL MEETING Meeting of the Company convened and held
      695 words
    • 33 15 tahiat THE HEARTBEAT OF THE INDIAN COMMUNITY SINGH/ Jr^kg Congress win aal is good for jtfJ^TW^^ business, say 3~fe' M. -_y Indians here 11 M p y£ A new passage through Little India
      33 words
    • 18 15 i** x -^We segin Our Journetj With You Elaine Lim ,i 0000 uooo TiTrnni'l KhairilYusoff *****020 C r^i
      18 words

  • GREATER CHINA/INDIA
    • 493 16 Bloomberg Private investment the main driver of growth, was way down in Ql, it says [BEIJING] Enthusiasm about an economic recovery in China may be "premature" as private investment lags behind government spending, the World Bank said. "Until we see a recovery
      – Bloomberg; AFP  -  493 words
    • 340 16 AFP [SHANGHAI] China has lost its position as the world's lowest-cost components manufacturer to India and Mexico, a study indicated yesterday, in a blow for the Asian giant as it fights the financial crisis. The United States has also significantly closed the gap
      AFP  -  340 words
    • 873 16  -  WILLIAM PESEK COMMENTARY By INDIA'S stock market almost lost control this week, and it was a great thing for the nation. So intense was the euphoria over Prime Minister Manmohan Singh's election triumph that Monday's trading had to be halted
      873 words
    • 228 16 O Bloomberg [NEW YORK] MGM Mirage said New Jersey gambling officials are seeking to force the company to cut ties with its joint venture partner in Macau, the daughter of Chinese gambling magnate Stanley Ho. Pansy Ho has been deemed unsuitable by
      O – Bloomberg  -  228 words
  • Page 16 Advertisements
    • 710 16 W*Z^ T/^V^TT/nrr Tollfree:1800-289-8822 V IVI II Wt V Email: notices@sph.com.sg JL^I V->/ JL i V._f< 1 www.cats.com.sg STX PAN OCEAN CO., LTD. (A corporation with limited liability established under the law of the Republic of Korea) (Company Registration Number: *****1-*****86) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that
      710 words

  • WORLD
    • 623 17 NYT, Reuters Chairman promises to consult them to help review the bonus system [LONDON] Shareholders, angered by lofty executive pay at a time of dwindling earnings, turned their wrath on Royal Dutch Shell on Tuesday, voting against compensation packages for senior managers. The vote,
      – NYT, Reuters; AFP  -  623 words
    • 425 17 Bloomberg, Reuters Shareholders will get a share in each for every Baer stock [GENEVA] Julius Baer Holding, the third-biggest Swiss wealth manager by assets, plans to separate its private banking and asset management units to give both greater scope to win new
      Bloomberg, Reuters  -  425 words
    • 289 17 Reuters [FRANKFURT] A key deadline to submit takeover bids for German carmaker Opel that expires yesterday could resolve some of the uncertainty surrounding the future of the ailing General Motors brand. The German government expects to receive interested parties' proposals for
      – Reuters; AP  -  289 words
    • 587 17 Reuters [WASHINGTON] The US Senate on Tuesday voted in a bill to curb sudden credit card interest rate increases and hidden fees, with President Barack Obama expected to sign it into law by the end of the month. Credit card issuers'
      – Reuters  -  587 words
    • 338 17 Reuters [NEW YORK] Bank of America (BOA) raised U5513.47 billion through a share sale, marking a major step towards meeting the US government's requirements for capital-raising following the recent "stress testing" of the bank. Including proceeds from the sale of part of its stake in
      – Reuters  -  338 words
    • 498 17 AFP, Reuters Dutch state aid given earlier went to Fortis in Brussels, says bank [THE HAGUE] ABN Amro wants a fresh capital injection from the government, the head of the Dutch bank said. "We cannot continue if the state does
      AFP, Reuters  -  498 words
    • 710 18 Bloomberg, AP They are on tougher fuel-mileage rules and greenhouse-gas emissions from cars [WASHINGTON] President Barack Obama announced the first national standard for greenhouse-gas emissions from automobiles and tougher fuel-mileage rules, marking the most sweeping new regulation of the industry in decades. The plan represents
      – Bloomberg, AP; AP  -  710 words
    • 353 18 Reuters Analysts see drop in steel demand, rise in aluminium, plastics [DETROIT] The tough US fuel economy standards announced by President Barack Obama on Tuesday represents a bonanza for companies that supply hybrid technology and other gas-conserving components needed to meet
      – Reuters  -  353 words
    • 260 18 Reuters [NEW YORK] US President Barack Obama's tough fuel economy programme for vehicles could put another damper on the struggling ethanol business, because the alternative fuel packs a lower energy content than gasoline. Mr Obama on Tuesday introduced the most aggressive proposal yet to boost US
      – Reuters  -  260 words
    • 205 18 Reuters [LONDON] The squabbling cousins who run Porsche and Volkswagen (VW) appeared to bury the hatchet on Tuesday, agreeing to work together once more towards a combination of the two German carmakers. Porsche chairman Wolfgang Porsche and Volkswagen chairman Ferdinand Piech put
      – Reuters  -  205 words
  • Page 17 Advertisements
    • 110 17 The Manager of a Singapore-listed real estate investment trust invites applications for the position of Responsibilities: The Company's designated Compliance Manager Overseeing compliance and general corporate finance functions Assisting in general investor relations functions Requirements: Qualified lawyer or licensed corporate finance executive 3 to 5 years'working experience in the relevant
      110 words

  • Page 18 Advertisements
    • 801 18 C&C Credit Agricole (Suisse) SA, Geneva Head Office: Quai GGneral-Guisan 4, CH-1204 Geneva, Switzerland Singapore Branch: 168 Robinson Road, #23-03 Capital Tower, Singapore *****2 CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31 2008 2007 1000 1000 CHF CHF 1. Assets Liquid assets 12,640 20,028 Money market instruments 4,499,201 4,861,175 Due from
      801 words

  • EDITORIAL & OPINION
    • 520 19 EDITORIAL APPARENTLY there is such a disjuncture between the stark hard numbers and everyday economic reality on the ground, that some have begun to ask if way too much hype, fear-mongering and all have been made about recessions, not least the one Singapore is still in
      520 words
    • 912 19  -  MICHELLE LING Export credit agencies have taken over the role once filled by the private sector By HILE it is unclear how the global financial crisis will play out in the months ahead, what is undeniably clear is that Asia's hunger for energy and
      AFP  -  912 words
    • 773 19  -  ROBERT SAMUELSON THE BOTTOM LINE JUST how much government debt does a president have to endorse before he's labelled "irresponsible"? Well, apparently much more than the massive amounts envisioned by President Obama. The final version of his 2010 budget, released last week, is a
      773 words
    • 1073 20  -  ANTHONY ROWLEY In the past, the fund has been inflexible and its policies outdated; now, it is dismissive about ways other than its own THE International Monetary Fund (IMF) has often been seen as a rather arrogant organisation, combining as it does European
      AFP  -  1,073 words
    • 1064 20  -  DOYLE MCMANUS -LAT-WP By TO ALL the explanations of how the economy crashed in 2008, add one more: Investors' judgment was clouded because they were high on profits. "Financial gain actually has some of the same effect on your brain as cocaine," says Andrew
      -LAT-WP; REUTERS  -  1,064 words
    • 451 20  -  EDWARD HADAS P breaking .com By k RAZIL'S President Luiz Inacio Lula da Silva and China's Prime Minister Hu Jintao first discussed the idea at the Group of Twenty (G-20) summit in London. Henrique Meirelles and Zhou Xiaochuan, governors of the two countries' central banks,
      451 words


  • AVIATION/SHIPPING
    • 333 21 At least 97 people killed; disaster is latest in string of mishaps since 1997 [JAKARTA] An Indonesian military transport plane carrying more than 100 people crashed and burst into flames in East Java yesterday, killing at least 97 people, a disaster official said. Indonesia has a
      AP  -  333 words
    • 482 21  -  VINCENT WEE Smaller operators resort to anchorage outside port limits By [SINGAPORE] If more ships are laid up in the waters around Singapore, it would pose a difficult situation in the future, warned prominent shipmanager Thome's general manager of its ma- rine consulting arm. "I
      482 words
    • TRANSPORT STOCKS
      • 101 21 '000 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 0.49 0.24 1.19 0.48 1.30 0.44 0.06 0.48 0.52
        101 words
      • 37 21 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brief PDZ Holdings 0.76 8.45 8.50 3.18 2.72 0.03 0.11 -0.03 T: -0.05 23( 0.10 29' -0.02 40! 0.02 131 unch 42! -0.01 1131:
        37 words
      • 16 21 ■oo May 20 Baht Vol Precious Ship Regional Cont 17.70 8.50 0.10 -0.35 6474 4546
        16 words
      • 11 21 '000 Doil iingamas Cont 29.40 0.81 3.10 561 -0.03 6358
        11 words
      • 22 21 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.70 16.00 unch unch 0.10 unch unch unch 1221 1562 0 0
        22 words
      • 17 21 Evergreen Marine ....17.85 :irst Steamship 48.00 /Van Hai Lines 18.10 0.25 0.50 unch 15 11 13
        17 words
      • 40 21 '000 (awasaki Hvy Ind ..207.00 unch 881! (awasaki Kisen 404.00 18.00 9091 Mitsubishi Hvy 333.00 4.00 674) Mitsui Eng&Sbldg...220.00 unch 335) Mitsui Osk Lines 633.00 13.00 2171: Mippon Express 391.00 4.00 278' MipponYusen 436.00 12.00 780: source: Thomson Reuters
        40 words
    • 2533 21 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA) British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bourag Airlines (BOU), .rways i|
      2,533 words
    • 520 21 AP [PARIS] Air France-KLM on Tuesday posted a net loss of 505 million euros (Ssl billion) in the January-to-March quarter and cancelled its dividend as the recession caused a slump in business travel and its cargo business. The net loss in the quarter, the
      AP  -  520 words
    • 202 21 Bloomberg [TOULOUSE] Air France-KLM Group, Europe's biggest airline, has turned to BOC Aviation of Singapore to help finance aircraft purchases as traditional banks tighten credit, chief executive officer Pierre-Henri Gourgeon said. "It's been a bit difficult to find the right partners," said
      – Bloomberg  -  202 words
  • Page 21 Miscellaneous
    • 213 21 CRYPTIC CROSSWORD ACROSS (10) BB BB T^C I It 7 I ItH I j ly makes (4) 30 There's no telling how they enforce the law (6,6) 31 Painters' skirt? (2-2) 8 Long to take chief item first 28 Welshman with conditional (4) alternative (4) DOWN 12 Throw light on
      213 words

  • SINGAPORE STOCKS
    • 8891 22 Transaction date: May 20 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E MCap $mil Company 8 3 3148 8Telecom 10 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 15 5.5 1938 AEICorp 8.5 1
      8,891 words
    • 1680 23 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld ('000) High Low Buyer Seller C'vr Net P/E M Cap $mil Company 19 5 1181 s AAGrp 32 13 8538 t APStrategic 4 05 1501 s Advanced System 10.5 2 3480 t Adventus 27.5
      1,680 words
    • 343 23 52-Wk Tel Last Vol f'nn Day Last Quote Div GrYld fur Ok Net MCap 109 100 6389 ABFSG Bond ETF 109 964 427 CIMBAsean40 1OOUS$ US614 232 149 DBS STI ETF 100 229 +3 2416 1682 DBXT FTChina25 1OUS$ US2406 3870 3228 DBXT FTVietnam 1OUS$ US3870 1360 850
      343 words
    • 247 23 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 offer
      247 words
    • 9354 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.793/ AIGIF Spore Bond Fund/A 1.239/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.92/ APS Alpha Fund (USD)!** 0.63/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5088/ APS Komaba Global
      9,354 words
  • Page 22 Advertisements


  • FINANCE & COMMODITIES
    • 366 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mai 19 World Index Preliminary 698.4 1.1 3.0 1.2 4.7 1.5 3.3 EAFE Preliminai 672.1 1.7 3.5 2.1 5.0 2.4 3.5 Euro[ Prelim inan 937.6 1.3 2.9 2.0 5.2 2.3 3.8 Pacific
      366 words
    • 121 24 As at 9am May 20 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.1210 1.1560 .an dollar 1.2600 1.2750 luro 1.9820 2.0060 IZ dollar 0.8740 0.8930 iterlini ind 2.2520 2.2780 JS dollar 1.4550 1.4720 .ocal dollars to 100 units if foreign
      121 words
    • 156 24 May 20 )vernight 1/16 I-month 7/16 'months 9/16 3-months 11/16 Overnight mode: 0.10 JS$ Offer 1/32 3/16 5/16 7/16 BJd 1 days I month I months months d months months I I. (All 0.33 0.41 0.80 0.85 1.20 2.00 2.10 Offer 0.23 0.31 0.50 0.55 0.90 1.50 1.60
      156 words
    • 11 24 May 20 STI IIMSCI Ma' 277.0 278.9 277.0
      11 words
    • 21 24 May 20 Bid Offer 1-month 1.4629 1.4641 2-months 1.4629 1.4640 3-months 1.4629 1.4640 6-months 1.4628 1.4640 Source: OCBC
      21 words
    • 58 24 May 20 lelivery flonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position lun 09 2738 lul 09 2690 Hug 09 2644 >epO9 2617 Total o/p: ***** contracts 2706 2751 2699 2655 2695 2635 2602 2656 2588 2575 2629 2563 Turnover: ***** Market tone: Lower
      58 words
    • 292 24 May 20 URODOLLAR FUTURES unO9 iepO9 DecO9 VlariO 99.3775 99.3500 99.1600 99.0050 4761 4025 3743 4069 EUROYEN TIBOR FUTURES unO9 99.460 99.460 iepO9 99.540 99.540 DecO9 99.540 99.540 VlariO un10 iep10 3ec10 \/lar11 99.460 99.535 99.540 99.460 99.535 99.540 99.510 99.475 99.395 99.350 99.265 211 50 100
      292 words
    • 188 24 May 20 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l lots) lunO9 168.5 lul 09 \ug 09 iep 09 DctO9 166.0 \lov09 166.0 167.0 166.0 166.0 167.0 167.0 167.0 166.0 166.0 166.0 120 8 8 88 20 60 807 696
      188 words
    • 88 24 May 20 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****X 20.08.09 -Year BY*****W 03.05.10 0.21 0.33 0.15 0.15 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year N*****0E 3.125 i-Year NX*****F 3.625 '-Year N*****0S 2.875 0-Year NYO31OOA 4.000 5-Year
      88 words
    • 99 24 May 19 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 09 1162.00 1146.50 1169.50 1141.00 Aug 09 1120.00 1100.50 1124.50 1096.00 Sep 09 1051.00 1037.00 1054.50 1034.75 Nov09 996.00 987.00 1000.00 981.75 SOYBEAN/OIL (60,000 lbs;llscent/lb) Close Previous High/Low lul 09 38.17 38.16 38.80 37.95 S.ug
      99 words
    • 75 24 CRUDE OIL PRODUCTS May 19 origin^ t/barrel Close Cham irent blend (1-Mth F) 58.17 0.62 VTI (Near Mth) 59.50 0.33 iubai (1-Mth F) 58.24 2.38 "apis blend 61.30 2.27 i/linas 60.70 2.62 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 53.00 S4.15 3.0! 2.3! US$/barrel )pec Oil Basket Price
      75 words
    • 453 24 May 20 lustralia 0.892 5.272 0.566 5.988 36.751 80.291 0.742 9.664 2.732 1.285 62.491 36.511 1.130 6.527 0.857 25.358 26.613 0.498 0.772 :anada 1.121 5.912 0.635 6.715 41.213 90.039 0.832 10.837 3.064 1.441 70.078 40.944 1.268 7.319 0.961 28.437 29.844 0.559 0.866 :hina 0.190 0.169 0.107 1.136
      453 words
    • 65 24 May 20 mth 0.***** 0.***** mths 0.***** 0.***** 6mths 1.***** 9 mths 1.***** 12 mths 1.***** mths 0.***** 0.***** mths 1.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 2.***** 15 yrs 2.***** mths 1.*****
      65 words
    • 161 24 May 20 Zurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: 0.7723 0.7725 Australian dollar 1.1299 1.1309 Canadian dollar 1.2669 1.2684 0.8660 0.8664 iuro 1.9948 1.9969 1.3635 1.3640 IZ dollar 0.8791 0.8806 0.6009 0.6015 Sterlinc md 2.2688 2.2705 1.5508 1.5509 IS dollar 1.4630 1.4640
      161 words
    • 148 24 May 20 /oz) \ay_ \ay_ Hong Kong 926.20 920.30 927.20 921.30 May 19 May 18 924.80 922.20 did nn cn:> in (SS) Selling Buying 1 oz 1516.19 1369 UBS GOLD LUNAR KINEBAR (SS) Selling Buying M Sellim Bui rim .ondon Source: Thomson Reuters 10gm SILVER $531.79 Selling Bu'
      148 words
    • 63 24 May 19 Co iiuiii, yy.i (US$/tonne) Close Previous :ash 1463.50 months 1500.00 1483.51 1520.01 Copper, Grade A (US$/tonne) :ash months 4511.50 4530.00 4508.5I 4520.0I .ead (US$/tonne) :ash 1476.00 months 1485.00 1480.01 1490.01 lickel (US$/tonne) :ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) :ash *****.00 *****.00 months *****.00 unch
      63 words
    • 74 24 May 19 Close Prev Hii ih/Low ul 09 1578 1581 1593/1574 iepO9 1584 1591 1599/1583 Dec 09 1592 1603 1609/1591 War 10 1600 1610 1615/1600 IOFFEE (US$/tonne) Close Pev High/Low Way 09 1511 1507 1519/1510 ul 09 1536 1529 1541/1527 iepO9 1541 1534 1546/1532 SUGAR (US tonne) White Close
      74 words
    • 2469 24 BONDS, WARRANTS EXTENDED SETTLEMENT rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left >036AdvanceSCTLtdW*****9 0.5 susp 1 87 2400 7.00 15 3092 Asia Environment W*****4 1481 Asia Water Tech W*****0 3816 Asiasons Capital W*****7 3756 Asiatic Grp (H) W*****2 H05#AsiatravelW*****7 KAuston Intl
      2,469 words

  • Page 25 Advertisements
    • 3182 25 fa*. THE BUSINESS TIMES Shipping Times a^ m M KPV 3SQ WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M r^v *KH m^J&SjjmjZjJljam WMMCfflaJ"fit'fi6?olt SUß lll\Tvi\ IAIAM MAI lllirr TEL *****588 (14LINES) FAX:*****163 1 \mZ\ llSrilwCTlH HHimlHfflHiMHWHWillrß HHBTfflPPHVllffiifflWWPß IV\ V^t I WAN HAI INt J PKL TEL: (03> *****85S FAX: (03)
      3,182 words

  • Page 26 Advertisements
    • 5200 26 f^!V IP E EASTERN CAR LINER, LTD lII^^SIIIKSED ll—-____- SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS P-M-fl HMS2222SMWmWmWL VOr I RomUKT) I Lill^KT) I MUA IKB I SIN I PKL I )KT I BTL I Vfl! (IA (ID DiSImAMN PCL/PHL SERVICE AMX SERVICE Connecting ECL Svc via MALTA I
      5,200 words

  • BizIT
    • 912 27 Study shows cost management focus of managed print services is a growth driver despite economic crisis, says AMIT ROY CHOUDHURY THE managed print services (MPS) market in Singapore is expected to grow by 11.5 per cent this year, showing that it remains resilient in
      912 words
    • 491 27  -  WINSTON CHAI By GERMAN IT services giant T-Systems is charging ahead with its local expansion at a time when most companies are scrambling for shelter from the economic storm. The subsidiary of German telecommunications giant Deutsche Telekom plans to increase its data
      491 words
    • 347 27 Reuters [NEW YORK] Facebook CEO Mark Zuckerberg hopes to eventually take his company public but said that it won't be for a few years, and stressed that the world's largest online social network is in no immediate need of capital. The 25-year-old
      Reuters; BLOOMBERG  -  347 words
    • 281 27  -  ZEINAB YUSUF By CYLON Interactive will start selling subscription cards for its e-learning website CylonLive.com at major retail outlets tomorrow. According to Ali V Aladdin, founder and CEO of Cylon Interactive, CylonLive.com is the first e-learning website based in Singapore and hosts more than
      281 words
    • 407 27  -  ONG BOON KIAT It plans to increase investments to promote H3C line of products By 3COM'S latest strategy to rake in more sales from large enterprises worldwide could see it pour more investment dollars into its 125-strong Singapore operations
      407 words
  • Page 27 Advertisements
    • 99 27 FINANCIAL REPORTING PAYROLL PROCESSING XBRL Filing Payroll Administration SWAT Accounting Leave Administration Routine Accounting GST Training Administration Reporting Staff Insurance Administration CFO2SME™ Claims Processing Business Crisis Management Employment Pass Work Permit Application STAFFING SOLUTIONS IT OUTSOURCING MANAGED SERVICES SAGE ACCPAC ERP Technical Managed Services in Accounting SuPPort Implementation Services Business
      99 words

  • PROPERTY
    • 293 28 Bloomberg [NEW YORK] US commercial property prices fell 21 per cent in March from a year earlier and may fall further in the recession, Moody's Investors Service said. Prices are now down almost 23 per cent from the October 2007
      – Bloomberg  -  293 words
    • 453 28  -  UMA SHANKARI Its developers plan to make pitch at Cityscape Asia exhibition here By I SINGAPOREAN companies have yet to make big property investments in Malaysia's Iskandar region, but the developers in charge of planning the area are hoping that this will change soon. Malaysian
      FILE PHOTO  -  453 words
    • 222 28 -Reuters [SYDNEY] Total returns for Australian property hit a 16-year low in the latest quarter as capital values continued to drop, property research firm IPD said yesterday. Total returns, which include income and capital growth, for all property types tumbled to a negative 1.5
      -Reuters  -  222 words
    • 416 29 Reuters [SINGAPORE] VinaCapital, Vietnam's largest asset manager, expects a strong recovery in the country's property sector and said that it has been buying stocks of firms such as Vinamilk that produce goods for domestic consumers. "The area that we like a lot at
      Reuters; BLOOMBERG  -  416 words
    • 434 29  -  EMILYN YAP Prices at some developments may even rise 5-10% by end 2009: CBRE By THE residential property market in Vietnam is likely to have bottomed and prices at some developments may even rise 5-10 per cent by the end of this year, according
      434 words
  • Page 28 Advertisements
    • 80 28 V* r 1 .1 THIS HOUSE IS PRICELESS! We want to sell it to someone who truly deserves this Beautiful Hill top single storey house. Located at Botanic Gardens vicinity. Land 33,2945qft. We trust this is the one and only one in Singapore. We will invite 30 buyers to tender
      80 words
    • 212 28 ->/*k WZ E7ST3 I Prominent Corporate Image, Business-One (Industrial and Showroom) Space for Lease Efficient Layouts with functional Built-in Features and Facilities Directly next to the future Tai Seng MRT Station (Circle Line) Building Naming Right to Anchor Tenant Close proximity to Housing Estates and Amenities Knight Frank Exclusive Night
      212 words
    • 253 28 average price of £363* per sq ft Exclusive launch of Collins Towers, Dalston Square featuring luxury 1-, 2-, 3- Sat, 23rc' Sllli, 24*h May'o9 and 4-bedroom apartment D Most apartments with balcony, terrace and winter garden ***** /piTI D High specification and efficient layout plan The Regent Hote Singapore D
      253 words

  • Page 29 Advertisements
    • 922 29 Via Private Invitation only Limited Seats For Lease B 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 S$ 1.20 psf above Immediate www.savills.com.sg THE CONCOURSE /J-^L^" Next to upcoming Nicoll Highway MRT \s^|
      922 words