The Business Times, 7 July 2009

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Total Pages: 28
1 28 The Business Times
  • 23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO regn no *****2868E MICA (P) 197/08/2008 Tuesday, July 7,2009
    23 words
  • 943 1 Reuters, Bloomberg Stocks tank as expected reforms are put on hold; fears over credit rating emerge [NEW DELHI] India said yesterday that its fiscal deficit would blow out to the biggest level in 16 years as it boosts spending to support the slowing economy,
    – Reuters, Bloomberg; REUTERS  -  943 words
  • 570 1  -  SAMUEL EE Much talked about battle for Italian car marque finally over By [SINGAPORE] It is confirmed Ital Auto, a whol-ly-owned subsidiary of Komoco Motors, has been picked as the new importer of Ferrari in Singapore. The Shanghai-based Ferrari Asia
    570 words
  • MARKETS DIGEST
    • 30 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.064 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.51 INDIA 11.75 Source: I
      Bloomberg  -  30 words
    • 47 1 lorn lay lange 1 COMP 1,065.83 -6.86 IIKKEI225 9,680.87 -135.20 IANG SENG 1 7,979.41 -223.99 ;et index Closed JAKARTA COMP 2,035.01 -40.29 1ANILA COMP 2,449.10 +17.76 ;eoulcomp 1,428.94 +8.90 ;henzhenb 519.44 +4.06 IUMBAI IND 14,043.40 -869.65 12 noon EDT Change )OW 8,246.73 -34.24 IASDAQ 1,772.05 -24.47
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    • 45 1 IS$ (S$ ier US$) 1.458 (USS/SS ier 1.613 2.351 :URO (US$/S$/E) 1.393 2.031 Foreign currency per US$ S$ 'EN 95.20 65.30 3.543 2.431 IK$ 7.750 5.317 !AHT 34.11 23.40 lUPIAH 10,240 7,025 lENMINBI 6.835 4.689 INDIAN RUPEE 48.33 33.15 1.266 0.869 IZ$ 1.598 1.096
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 42 1 MALAYSIAN MARKET Slf^lftjlrHl US-RUSSIA SUMMIT PROPERTY RHPfll SME lnc New 30-stock index UkLW^l■ O^ama predicts Office rents fall A school of makes'soft'debut iflT extraordinary progress further in Q2 2009 I functional PAGE 3 LJJ PAGE 15 PAGE 27 IVM design PAGE 9
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  • TOP STORIES
    • 599 2  -  LYNETTE KHOO Seeking help early puts troubled firms in stronger position to restructure and hold off bigger problems By [SINGAPORE] Companies in distress should seek help earlier to increase their chance of a successful rehabilitation, insolvency experts say. Very often, they go through a
      599 words
    • 771 2 NYT It will become a smaller company with fewer brands [NEW YORK] A federal judge approved a plan by General Motors late on Sunday to sell its best assets to a new, government-backed company, a crucial step for the automaker
      NYT; AP  -  771 words
    • THREE-MINUTE DIGEST
      • 107 2 INDIA said its fiscal deficit would blow out to the biggest level in 16 years as it boosts spending to support the slowing economy, disappointing investors who dumped stocks and bonds. Few are convinced that growth will return anywhere close to the 9 per
        107 words
      • 62 2 ITAL Auto, a wholly-owned subsidiary of Komoco Motors, has been picked as the new importer of Ferrari in Singapore. Ital Auto was set up earlier this year by hotelier Ong Beng Seng and his good friend and long-time business partner, Metro Holdings group
        62 words
      • 51 2 COMPANIES in distress should seek help earlier to increase their chances of a successful rehabilitation, insolvency experts say. Very often, however, they go through a period of denial. Others simply do not have enough knowledge of the options available to them. TOP STORIES, PAGE
        51 words
      • 70 2 SWINE flu, which has spread to 114 countries since April, may be at least 40 times less lethal than an earlier estimate, researchers in New Zealand say. The probability of dying from the flu strain may be one in 10,000 cases and
        70 words
      • 73 2 MALAYSIA'S new 30-stock benchmark made its "soft" debut yesterday, trading in negative territory for most of the session before closing 0.64 per cent down as investors waited on the sidelines for fresh leads. An "enhanced version" of the 23-year-old Kuala Lumpur Composite Index,
        73 words
      • 87 2 FOLLOWING in the footsteps of other cash-strapped companies exchanging shares for professional services, Annica Holdings formerly Oculus is issuing more than 14.1 million new shares to repay some $735,586 in legal and corporate advisory fees. At 5.2 cents apiece, the issue price
        87 words
      • 54 2 ADVANCE Modules Group will be delisted from the mainboard on Aug 1 after its proposal on a trading resumption failed to meet Singapore Exchange (SGX) requirements. Under SGX rules, Advance Modules will also have to make an exit offer to its shareholders.
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      • 59 2 SINGAPORE Technologies Engineering (ST Engg) has set up a US$l.2 billion multi-currency medium-term note programme "as a pre-emptive measure" to diversify its funding options. The medium-term notes programme was set up through a wholly owned subsidiary. The programme has been rated triple-A
        59 words
      • 78 2 THE new Singapore LNG Corporation (SLNG) taking over the $1 billion-$1.5 billion liquefied natural gas terminal project was incorporated on June 30 the day the government announced the move, reflecting its determination to get on with the crucial project. SLNG's shareholder is the Energy
        78 words
      • 69 2 MAPLETREE Investments saw its net profit plunge to $210.3 million for the financial year ended March 31, 2009 from $1.04 billion a year earlier as the company saw a sharp fall in revaluation gains. The company, which is fully owned by Temasek Holdings, said
        69 words
    • 613 2 -Reuters US$ will keep its pre-eminence for many years: China [ROME] France and Russia on Sunday urged a debate about the world's reserve currencies, but China said the dollar would keep its pre-eminence for "many years to come". Beijing, which has floated the
      -Reuters  -  613 words
    • 170 3 [SINGAPORE] A 63-year-old man has been found to have contracted the HINI virus. As he also has other health complications including coronary heart disease, he was transferred to an intensive care unit yesterday morning. His case is among the two listed as notable in
      170 words
    • 610 3 Bloomberg Pandemic has very low case fatality as it is infecting mostly younger people [SINGAPORE] Swine flu, which has spread to 114 countries since April, may be at least 40 times less lethal than an earlier estimate, researchers in New Zealand say.
      – Bloomberg; AFP  -  610 words
    • 410 3  -  BRANDON CHEW Ability to adapt, innovate also crucial to stay ahead By [SINGAPORE] Focus, adapt, and innovate that seems to be the advice Dr Eric Xv has for entrepreneurs. Dr Xv, who will be in Singapore to speak at this year's Blue Sky
      410 words
    • 609 3  -  PAULINE NG By in Kuala Lumpur MALAYSIA'S new 30-stock benchmark made its "soft" debut yesterday, trading in negative territory for most of the session before closing 0.64 per cent down as investors waited on the sidelines for fresh leads. An "enhanced version"
      609 words
  • Page 2 Advertisements
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      74 words

  • Page 3 Advertisements
    • 107 3 I I||B|bHJ II ■kMHwHII I h servcorp :::=;r^"3 //I /(i/7? Xjnuirt Ly/fice, www.servcorp.com.sg I Everything But The OverhesssW I From $99* per month! &o m S r'2i eo pn othflexibility Prestigious address for your business cards and letterhead M Access to over 300 boardrooms and meeting rooms, locally internationally book
      107 words

  • COMPANY NEWS
    • 521 4  -  LYNETTE KHOO It has to offer a reasonable exit offer to shareholders under SGX rules By ADVANCE Modules Group will be delisted from the mainboard on Aug 1, after its proposal on a trading resumption failed to meet Singapore Exchange (SGX) requirements.
      521 words
    • 406 4  -  EMILYN YAP Move by ex-Oculus to settle $735,586 legal, corporate fees By FOLLOWING in the footsteps of other cash-strapped companies exchanging shares for professional services, Annica Holdings formerly known as Oculus is issuing more than 14.1 million new shares to repay some $735,586 in
      406 words
    • 273 4  -  JAMIE LEE By SUNSHINE Holdings which breached certain financial covenants under a reported US$l2O million loan agreement said a preliminary financial review by Ernst Young (E&Y) has been submitted to its creditors. The Chinese property developer has also defaulted on an interest payment that
      273 words
    • 286 4  -  CHEWXIANG By PALM oil giant Wilmar International yesterday confirmed media reports that it had hired three investment banks to "evaluate" the feasibility of listing part of its China operations in Hong Kong but cautioned that there was no certainty that proposals would be carried out. Reuters
      286 words
    • 266 4  -  ONG BOON KIAT It's the first Spore bank to take part in China pilot scheme By COMPANIES in Singapore will soon be able to settle their trade in yuan with their trading partners in China with the Oversea-Chi-nese Banking Corporation (OCBC Bank).
      266 words
    • 340 5  -  CHEW XIANG Rated AAA by S&P, it will allow ST Engg to 'pursue opportunities' By SINGAPORE Technologies Engineering (ST Engg) has set up a US$l.2 billion mul-ti-currency medium term note programme "as a pre-emptive measure" to diversify its funding options. "The programme
      340 words
    • 207 5 WITH the bleak economic outlook, Singapore Telecommunications is resorting to price cuts to tempt consumers to bite into Apple's new iPhone. The iPhone 3GS which comes with a speedier processor and an improved operating system will be sold from this Friday from $0
      207 words
    • 454 5  -  LYNETTE KHOO Total of four contracts worth 86m yuan By THE contract winning streak continues for Midas Holdings, with the Chi-na-based group bagging four new deals worth 86 million yuan (SslB million), two of which mark its forays into the Middle
      454 words
    • 362 7  -  LYNETTE KHOO They're also more involved in risk management amid economic crisis By TOUGH economic conditions have brought to the fore the expertise of chief financial officers (CFOs), with many getting more involved in strategic planning and risk management. These are among the findings
      362 words
    • 546 7  -  MICHELLE YEO Launch of placement shares at 27 cents each By ANOTHER company, JLJ Holdings, is seeking a Catalist listing. Headquartered in Singapore, JLJ, which designs, fabricates and sells precision plastic injection moulds and provides precision plastic injection moulding services, has launched its
      546 words
    • COMPANY BRIEFS
      • 66 7 EUROPTRONIC Group said Spring Singapore has granted approval for bridging loans under the Local Enterprise Finance Scheme, under which United Overseas Bank has issued new facility letters to its units Crypson Electronics (S) Pte Ltd and Europtronic (Singapore) Pte Ltd for $5 million and
        66 words
      • 56 7 KEPPEL Land's Reflections at Keppel Bay will be fitted with energy efficient lifts that achieves a 50 per cent reduction in energy cost when compared with geared traction elevators. Keppel said that it will work with Finland's KONE to fit 49 KONE MonoSpace elevators
        56 words
    • 316 7  -  BRANDON CHEW By VAN der Horst Energy's (VDHE) expansion strategy to boost its logistics capabilities took a concrete step forward yesterday, with the ground-breaking for its new warehouse and office complex. At the ground-breaking ceremony for the complex at Pioneer Road, chief
      316 words
  • Page 4 Advertisements
    • 2282 4 w WATS JL^I JL IV I Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg jMI UNITED STATES BANKRUPTCY COURT II V- SOUTHERN DISTRICT OF NEW YORK q. tm In re Chapter 11 -A. Jlik^i PETRORIG I PTE LTD, eta 1.,: Case No. 09-***** (JMP) Debtors (Jointly Administered) ROTOL SINGAPORE LTD. (Incorporated in
      2,282 words
    • 1 4 c_>
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  • Page 5 Advertisements
    • 3650 5 A [SATO J.^l \*J _L _LV^ -L L* Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg IN THE MATTER OF iT^^^^^^^^^^^^^^^^^^^^^^^^^~^^^^^^^^^^^^^^^^^^^^^^^^^~V >^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^~^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SECTION 290 OF THE COMPANIES ACT f (cap. so) AZEUS SYSTEMS HOLDINGS LTD. ■n x.m .M'^rr,«,- (Incorporated in Bermuda. Registration number: *****) y IN Infc MAI IfcK Or jf m
      3,650 words

  • SINGAPORE MARKETS
    • 564 6  -  R SIVANITHY STOCKS Liquidity, the lifeblood of any rally, remains relatively low, as selling picks up in the afternoon PERHAPS not surprisingly given growing doubts over what is turning out to be an anaemic and largely jobless US recovery, stocks in this part of
      REUTERS  -  564 words
    • 89 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 1 14 1 0 0 0 1 14 1 lanufacturing 20 68 59 11 23 73 70 Commerce 31 17 35 20 'pt/Stor/Comms 25 27 :inance 11 11 Construction 10 12 'roperties 26 10 26 10
      89 words
    • 115 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 14,265 14,265 30,099 30,099 lanufacturing 231,730 25,439 257,169 153,953 1,419 155,371 lommerce 52,770 19,132 71,902 59,568 11,807 71,375 'pt/Stor/Comms 85,363 171 85,534 122,714 13 122,727 :i nance 20,747 20,747 168,085 168,085 lonstruction 56,582 79,846 136,428 11,683 1,203 12,886 'roperties
      115 words
    • 105 6 lapitaLand 3.540 -0.070 lapitaMall 1.370 -0.010 jtyDev 8.380 -0.080 lomfortDelGrc 1.260 -0.020 losco Corp 1.210 -0.040 IBS Grp 11.340 -0.240 :&N 3.620 -0.140 ienting SP 0.675 -0.010 iolden Agri 0.330 -0.030 IK Land 3.420 +0.050 IMH 26.200 -0.100 ISH 14.680 -0.320 lardineC&C 18.200 -0.540 Ceppel Corp
      105 words
    • 275 6  -  JOYCE HOOI Sinotel Technologies July 6 close: $0.23 DMG PARTNERS SECURITIES, July 6 HIGHER credit facility granted: Sinotel announced that it has secured an increase in the credit facility granted by DBS, Beijing Branch. This will allow Sinotel access to an additional 30 million yuan (556.4 million), which
      275 words
    • 324 6  -  By KEN TAI CHART POINT FOR the week ended July 3, the STI gave up 18 points on relatively light trading. Property stocks, City Developments, Capita Land and Hong Kong Land were the main drags on the index. This is cause for concern as these
      : Bloomberg  -  324 words
    • 526 6 Reuters CURRENCIES [NEW YORK] The yen and the US dollar gained broadly yesterday on eroding optimism about an improvement in the global economy, dragging equities lower and prompting investors to shun risk and buy currencies perceived to be safe. Currencies including the Australian
      – Reuters; BLOOMBERG  -  526 words
    • 4 6 DAILY
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    • 62 6 Jul 6 VALUE CLOSE IT OB/OS -321.00-121.0C IT CADI -*****.00-188.0i IT 10-day MA -*****.00 -32.0' TSE ST Mid Cap 517.95 -5.4' TSE ST Small Cap 413.89 -7.1 TSE ST All Share 553.72 -7.91 TSE ST China Top 238.65 -2.9. TSE ST China 233.26 -3.7i TSE ST Catalist
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    • 54 6 VOLUME Golden Aqri 124,017,000 Sapphire 79,615,000 GoldenAqri R 53,467,000 Ezion 46,972,000 Memstar 40,453,000 Pac Andes R 32,869,000 UniFiber 29,307,000 5T***** DBePWO9IOOI 21,977,000 Capita Land 21,309,000 StraitsAsia 21,121,000 VALUE(S) CapitaLand 75,621,420 DBS Grp 67,471,952 Wilmar 61,006,780 UOB 48,247,724 Golden Aqri 42,038,800 StraitsAsia 35,659,150 SingTel 29,868,780 Ezion 29,157,600 SGX
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    • 102 6 CLOSE UP iBXT FTVietnam 10US$ 4530 393.4 6.3 'ilmar.ES.0907 522 25.0 5.' filmar 523 22.0 4.. ICBC Bk5.1%NCPS 100 9640 20.0 0., ICBCCai 5.1%NCPS 100 9462 14.0 0.1 lUE 1030 12.0 1.. IOB 5.05%NCPS 100 9800 10.0 0.1 IK Land 342 7.3 1. •lam 240 6.0 2.' 'anlord 260
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    • 115 6 CLOSE DOWN 8924-489.6 -3.6 iBXT Ni 10US$ LD 10US$ 9067-154.4 -1.2 MS India 10US$ 1149 -99.1 -5.i lardine C&C 1820 -54.0 -2.9 ISH 1468 -46.6 -2.1 India Ni 10 1282 -43.0 -3.; ISMSCI India 100 522 -40.8 -5.1 imei lav 1480 -40.0 -2.i /xor Nasdai |100 10US 582 -26.2
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    • 85 6 Jul 6 CLOSE CHNG FR Jul 3 YR2009 S$ LOW S$ HIGH ISS 1.4576 -0.38 1.5579 1.4308 iuro 2.0294 0.20 2.0732 1.9150 'ounds 2.3499 1.09 2.4051 2.0356 1.1527 0.67 1.1816 0.9453 ren* 1.5295 -1.00 1.7278 1.4831 lupiah* 0.***** -0.16 0.***** 0.***** !aht* 4.2707 -0.27 4.3390 4.1040
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  • Page 6 Advertisements
    • 71 6 The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and needs. CFDs are leveraged products and have the potential for both significant gains as well as losses. Before investing you should carefully
      71 words

  • Page 7 Advertisements
    • 2523 7 MERCATOR MERCATOR LINES (SINGAPORE) LIMITED (Company Registration No. *****7205N) (Incorporated in lie Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Mercator Lines (Singapore) Limited ("the Company") will be held at Meeting Room 306, Suntec Singapore International Convention Exhibition Centre, 1
      2,523 words

  • SINGAPORE NEWS
    • 545 8  -  RONNIE LIM It was incorporated on June 30; EMA's deputy CEO listed as director By THE new Singapore LNG Corporation (SLNG) taking over the $1 billion-1.5 billion liquefied natural gas terminal project was incorporated on June 30 the very day the government announced the
      545 words
    • SINGAPORE ROUNDUP
      • 55 8 A TAX evasion case involving Wong Kee Yock, a partner of All Family Food Court, has been adjourned to July 15. Wong, who appeared in the Subordinate Courts yesterday morning for further mention, was charged in court on Dec 19, 2008 and pleaded guilty to all
        55 words
      • 59 8 TEMASEK Foundation and the National University of Singapore (NUS) yesterday launched the inaugural Asian Law Deans' Forum on Legal Education. The event, which is taking place at the NUS Faculty of Law until Wednesday, brings together over 45 deans and leaders of law schools
        59 words
      • 48 8 THE Institution of Engineers (lES), Singapore has become the first training provider approved by the Workforce Development Agency to provide industry-recognised courses for the construction, real estate management and engineering services sectors. lES Academy, the training arm of lES, will provide the courses.
        48 words
    • 395 8  -  SAMUEL EE By TAN Chong International yesterday officially opened its $40 million TC Nissan Hub a four-storey building for new car storage, inspection and delivery, and the first in the auto sector here to use radio frequency identification (RFID). When cars arrive from Japan,
      395 words
    • 459 8  -  CHEWXIANG By THE Singapore economy should recover in year-on-year terms by the fourth quarter and grow 5.5 per cent in 2010, according to economists at Barclays Capital. Peter Redward and Leong Wai Ho say that Q4 GDP could increase 2.2 per cent from last
      459 words
    • 347 8  -  RACHEL SIM But an expenses review found areas of non-compliance By THE new exco of the Association of Women for Action and Research (Aware) said yesterday that it will not try to recover the cost of a May 2 extraordinary general meeting
      347 words
    • 515 8  -  GENEVIEVE CUA By AGAINST the backdrop of an ageing population, insurance companies should re-examine their underwriting practice for health policies. M Salim, president of the Association of Financial Advisers (Singapore), yesterday said applicants who experienced relatively minor conditions, such as benign cysts and fibroids
      ALAN LIM/THE STRAITS TIMES  -  515 words
    • 230 8 USING online video conferencing and messages, Internet-savvy car importer Tay Kien Chuan liaised with Japanese suppliers to understate commercial invoices for 1,551 cars. Payments for balances were then made in cash during face-to-face meetings in Singapore and Japan. Using this method, Tay,
      230 words
  • Page 8 Advertisements

  • SME Inc
    • 1263 9 A concept designer who has worked on Hollywood hit movies has set up his own design school here, reports JOANNE TANG W HEN Feng Zhu the concept designer who has worked on Hollywood movies such as Transformers, Teenage Mutant Ninja Turtles and Star Wars:
      YEN MENG JIIN  -  1,263 words
    • 882 10  -  KAREN CHO COMMENTARY Don't be obsessed about raising capital, forget about first-mover advantage; instead, find a niche market and focus on customers By SUCCESSFUL entrepreneurs are a rare breed because they face so many obstacles. And one fundamental flaw in the system makes it even harder
      STOCK.XCHNG  -  882 words
    • 1460 11 After selling 22 pre-school franchises, Mind Champs is now looking at M&A to produce qualified teachers, reports CHEN HUIFEN THE broader economy may be in the doldrums, but that has not stopped the pre-school sector from flourishing. Just ask David Chiem, founder, chairman and group CEO
      JOSEPH NAIR  -  1,460 words
    • 168 11  -  RACHEL SIM By SMALL and Medium Enterprises (SMEs) will benefit from the latest alliance between FedEx Express, a subsidiary of FedEx Corp, and the Association of Small and Medium Enterprises (ASME). The initiative will help ASME members ride out the recession by
      168 words
    • 378 11  -  TEH HOOI LING By INTEREST in equities seems to be waning, as a lack of fresh leads and a dismal US jobs report sideline investors. There are renewed concerns over the strength of the global economic rebound. Compared with mid-June, our small-cap portfolio has slid 7.8
      378 words
    • 680 11 THIS WEEK'S TOPIC How is infocomm technology (IT) helping small and medium-sized enterprises compete with bigger rivals? How has your company benefited from incentives offered by the Infocomm Development Authority to help SMEs embrace IT? Wong Chi Kong Chief Operations Officer Scrawl Studios WHILE it is
      680 words
  • Page 9 Advertisements
    • 1010 9 Ri action \rt^m co mmunity for >^Qpr entrepreneurs ip special feature by Action Community for Entrepreneurship (ACE) Blu f a,y/ What Makes A Successful Entrepreneur? I^^^ Ernst Young's Country Managing Partner, Mr Steven Phan, discusses m tne c lua''t'es °f successful entrepreneurs and how they are sustaining their winning ways
      1,010 words

  • Page 10 Advertisements
    • 79 10 Call 6-594 7594 for more info or to join our SME Security Awareness seminar StnriP Forest IT Microsoft wmmmm gggjgg %Jl\Jl It lUI CJI I I GOLD CERTIFIED Iffiffi PUB www.StoneForestlT.com.sg Partner g^ygy^B QJjjg^^p 1 WTC~ [frmA M J wJ M Demystifying V^l Singapore Inc Jal That's the power of
      79 words

  • Page 11 Advertisements
    • 155 11 TERRACE FACTORY FOR SALE W^ |F*VpM[ MMBtiHIfMIM Seatown Industrial Centre sHfHrtll ZfzTu flllU HVliTrii KGMiiiP^ Tuas South Aye 1,3 4 CATS FASTADS in iHfe^1 -^j^tf^ Ca 6 594 7593 today fof mQre jnfo Qr to j QJn Qur week y demo dass The New Paper 23 units single storey strata
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  • Page 11 Miscellaneous
    • 96 11 jIVIc After a decade or so of concerted entrepreneurship promotion, do you think Singapore is better off in terms of the level of entrepreneurial activities here? What else is/are needed to encourage more people to opt for the entrepreneur's path? If are an SME owner or leader, we would like
      96 words

  • ECONOMY WATCH
    • 578 12 AFP G-20, emerging nations are seen to be confronting crisis head on [PARIS] The Group of Eight industrialised powers, ineffectual in the face of the worldwide finance crisis, is slowly losing its grip on the global economy and now faces
      AFP; REUTERS  -  578 words
    • 316 12 Reuters [HONG KONG] Hong Kong said yesterday that it saw some "green shoots" in its recession-hit economy and that second-quarter GDP data should be better than the first quarter, although economic recovery was still some way off. Financial Secretary John Tsang told
      – Reuters  -  316 words
    • 552 12 Reuters [SYDNEY] Australian job advertisements slid for the 14th straight month in June, painting a grim outlook for unemployment and adding to the case for interest rates to stay at record lows for months to come. A private gauge of inflation
      – Reuters; REUTERS  -  552 words
    • 712 12 -AFP [PARIS] Leaders of the world's established and emerging economic powerhouses will be under pressure at this week's G-8 summit to give a badly-needed jolt to the quest for a new global climate pact. Negotiators struggling to seal an agreement in Denmark by
      -AFP  -  712 words
    • 786 12 -AP At issue are several key features of his policy platform [WASHINGTON] Politically and economically, the next three months are critical for Barack Obama's presidency. The pace of the US economic recovery heading into autumn will determine whether he can
      -AP  -  786 words

  • MALAYSIA/INDONESIA
    • 488 13 -AFP Indonesian labour minister proposes minimum wage, compulsory day off [KUALA LUMPUR] Indonesia yesterday said that its ban on sending maids to Malaysia, triggered by the latest abuse case, could be lifted within weeks if discussions are successful. The ban was imposed
      -AFP; AP  -  488 words
    • 354 13 Bloomberg [JAKARTA] Indonesia's June consumer confidence index rose to its highest in more than four years as inflation slowed, enabling people in Asia's third-most populated nation to spend more before the presidential election. The measure rose to 109.1 last month from 105.9
      Bloomberg  -  354 words
    • 253 13 -AFP [JAKARTA] Indonesia's main opposition leader Megawati Sukarnoputri has called for a new set of voter lists to be drawn up, only three days ahead of presidential elections, officials said yesterday. In an llth-hour meeting late on Sunday with another presidential aspirant, Golkar
      -AFP  -  253 words
    • 323 13 [TOKYO] Japan is likely to agree a 1.5 trillion yen (Ss23 billion) currency swap with Indonesia in the coming days to bolster the South-east Asian country's defences against financial turmoil, sources with knowledge of the matter said yesterday. Indonesian Finance Minister Sri
      323 words
  • Page 13 Advertisements
    • 416 13 g^NOTICES IN THE MATTER OF COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DU ET RESEARCH ANDTRADING PTE. LTD. Registration No. *****6937Z (IN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b]] At an Extraordinary General Meeting of the Company held on 30 June 2009, the following Resolutions were
      416 words
    • 1073 13 IN THE MATTER OF THE IN THE MATTER OF THE COMPANIES ACT, CAP. 50 COMPANIES ACT, CAP. 50 AND AND IN THE MATTER OF IN THE MATTER OF ING RE ARF SINGAPORE HOLDCO TFWA (ASIA PACIFIC) PTE. LTD. PRIVATE LIMITED (IN MEMBERS' VOLUNTARY (IN MEMBERS' VOLUNTARY LIQUIDATION) LIQUIDATION) CO. REG.
      1,073 words
    • 1821 13 NOTICES ASIA TIGER GROUP LIMITED (the "Company") (incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ASIA TIGER GROUP LIMITED ("Company*) will be held at Nautica 111, Republic of Singapore Yacht Club, 52 West Coast Ferry Road, Singapore *****7 on Wednesday,
      1,821 words

  • GREATER CHINA/INDIA
    • 726 14 Reuters Govt blames Muslim separatists for area's worst ethnic unrest in years [URUMQI, China] At least 140 people have been killed in rioting in the capital of China's north-western region of Xinjiang, with the government blaming exiled Muslim separatists for the area's
      ■ Reuters; REUTERS  -  726 words
    • 443 14 Bloomberg Hopu to tie up with China firm for USsBoom stake [HONG KONG] Hopu Investment Management Co, a fund backed by Singapore's Temasek Holdings, plans to team up with a Chinese state-owned company for an US$BOO million investment in China Mengniu Dairy Co,
      Bloomberg  -  443 words
    • 421 14 Reuters [HONG KONG] India's 888-minus sovereign rating, placed on negative outlook in February, does not face any significant rating pressure despite a sharply higher fiscal deficit unveiled by the government in yesterday's budget, Standard Poor's analyst Takahari Ogawa said. Mr Ogawa said
      – Reuters  -  421 words
    • 410 14 Reuters [SHANGHAI] China has officially launched a pilot programme to allow companies to settle imports and exports in yuan in selected regions, marking a major step towards eventually internationalising the Chinese currency. Three pairs of Shanghai companies with their Hong Kong and Indonesian
      – Reuters  -  410 words
  • Page 14 Advertisements
    • 1463 14 A WATS NOTICES PACIFIC ANDES (HOLDINGS) LIMITED (Incorporated in Bermuda with limited liability) (the "Company") NOTICE IS HEREBY GIVEN that a Special General Meeting of the Company will be held at Vanda Ballroom, Level 5, Marina Mandarin Singapore, 6 Raffles Boulevard, Marina Square, Singapore *****4, on Thursday, 30 July 2009
      1,463 words

  • ASIA-PACIFIC/WORLD
    • 704 15 -AP Issues will include nuclear arsenal reductions and the fight in Afghanistan [MOSCOW] US President Barack Obama opened his first Moscow summit with confidence yesterday, predicting "extraordinary progress" out of meetings set to test his diplomatic skills on important priorities such as nuclear arsenal reductions
      -AP; AP  -  704 words
    • 411 15 Bloomberg LATEST US DATA 3rd straight monthly improvement hints at stabilisation in housing, spending [NEW YORK] US service industries from retailers to homebuilders contracted last month at the slowest pace in nine months, as measures of new orders and employment improved. The
      – Bloomberg  -  411 words
    • 352 15 -Reuters, AFP [LONDON] Britain's Serious Fraud Office (SFO) will decide whether a criminal investigation should be launched into the 2005 collapse of carmaker MG Rover, the government said yesterday, delaying the publication of its own inquiry. Britain's last major independent carmaker went
      -Reuters, AFP  -  352 words
    • 424 15 Bloomberg [TOKYO] Japan's deepest postwar recession is abating, the government's broadest measure of economic health showed. The coincident index climbed to 86.9 in May from 86 in April, the Cabinet Office said yesterday in Tokyo, matching the median estimate of economists surveyed by
      Bloomberg  -  424 words
    • 268 15 -AFP [TOKYO] Toyota Motor's Prius became the first fu-el-sipping hybrid car to outsell all other vehicles in Japan last month, boosting the automaker's recovery efforts, industry figures showed yesterday. Helped by the launch of a remodelled version, Toyota sold 22,292 Prius vehicles in June, up
      -AFP  -  268 words
    • 541 15 Reuters [SEOUL] South Korea's Samsung Electronics, the world's top maker of memory chips and flat-screen TVs, forecast second-quar-ter earnings well above market estimates, driving its shares up more than 4 per cent yesterday. Technology companies around the world have seen their earnings and valuations
      – Reuters; REUTERS  -  541 words

  • WORLD
    • 688 16 AP They want to probe deeper into his affairs; to see if any newer wills emerge [LOS ANGELES] Michael Jackson's family wants a judge to delay designating two men listed in the pop superstar's will as temporary administrators of his estate so that
      AP  -  688 words
    • 283 16 Reuters [LONDON] Stock markets rewarded companies such as Johnson Johnson and Cisco who were brave enough to make acquisitions in the months after Lehman Brothers' collapse, a study released yesterday showed. Although firms who made purchases worth US$lOO million or more suffered an average 25.5
      – Reuters  -  283 words
    • 488 16 Reuters 1,600-year-old text had been scattered around the world [LONDON] The surviving parts of the world's oldest Christian Bible was reunited online yesterday, generating excitement among biblical scholars still striving to unlock its mysteries. The Codex Sinaiticus was hand-written by four scribes in Greek
      – Reuters; REUTERS  -  488 words
    • 380 16 -Reuters [ZURICH] Bank of America has toppled crisis-hit ÜBS as the world's biggest wealth manager, as the industry faces shrinking wealth and another tough 12 months, a survey showed yesterday. Private wealth managed by banks and investment managers around the world
      -Reuters; REUTERS  -  380 words
    • 282 16 Reuters [NEW YORK/ZURICH] ÜBS said that it is still committed to its US brokerage business, after the Financial Times on Sunday reported the chief executive now favoured a management shake-up instead of a sale. ÜBS has repeatedly considered a sale of its US
      – Reuters  -  282 words
    • 834 17  -  MATTHEW GOLDSTEIN Ex-employee charged with stealing secret computer codes that help the firm generate millions of dollars in profits each year By DID someone try to steal Goldman Sachs' secret sauce? While most people in the United States were celebrating the Fourth of July holiday,
      834 words
    • 811 17 Reuters Agriculture, raw material production could be hit by weather anomaly [NEW YORK] A nascent El Nino weather cycle threatens to wreak more economic havoc and disrupt raw material production across a wide swath of the world, evoking memories of the killer
      – Reuters; REUTERS  -  811 words
    • 375 17 Reuters Porsche says talks with Qatar for stake, package continuing [FRANKFURT] Porsche yesterday denied a newspaper report which said that five more potential bidders have emerged for a Por-sche-owned derivatives package which controls around 20 per cent of Volkswagen voting shares. A Porsche spokesman
      – Reuters; BLOOMBERG  -  375 words

  • Page 17 Advertisements
    • 37 17 Lianhe Zaobao I Hainan keen. l»i bbt lint industrial pa tU Spore" kjjltf IJ XA Governor Luo Baomin J, w^4iLi/>™p^ iJ iJXLJJJj) CATS Recruit M The first step on |r 4 <^g your ladder to success Bf
      37 words

  • EDITORIAL & OPINION
    • 499 18 THE question of a new global reserve currency will likely be raised again at the Group of Eight industrial countries (G-8) meeting in Italy this week, judging from developments over the last fortnight. China has reportedly asked for debate on the issue when leaders
      499 words
    • 947 18  -  SEOW-CHIEN CHEW Focusing on core customers can make a critical difference both now and in the long term By and ROB MARKEY ECONOMIC downturns can wreak havoc on customer relationships. Deep cost-cut-ting compromises service. And to make up for lost revenues, companies
      BLOOMBERG  -  947 words
    • 745 18  - Europe drags feet as China continues to rise as usual SHADA ISLAM THE BOTTOM LINE CHINA may or may not use the upcoming Group of Eight summit in Italy to call for a rethink of dollar-dominated global currency reserves. But with the possible exception of US President Barack Obama count
      745 words
    • 1662 19  -  GERARD LYONS A lesson of Bretton Woods was it did not place enough obligations on saver nations. This lesson has to be heeded now By THE scale of international fiscal and monetary policy easing and the prospect of more to come is having an
      BLOOMBERG  -  1,662 words
    • 747 19  -  WU ZHIJIAN By NAPOLEON Bonaparte is supposed to have once said: China is a sleeping lion; let her sleep; for when she wakes, she will shake the world. Certainly at the moment, China is rocking the world of commodities. As at late 2008, China contributed
      AFP; www.chinatells.com  -  747 words
    • 223 19  -  VNavaratnam LETTER TO THE EDITOR LISTED companies are required to send all their shareholders an annual report. This report can be a summarised one or a full report. If the shareholders request for a full report, the companies must oblige. In this respect, I want to
      223 words


  • AVIATION
    • 354 20 -AFP Taipei says that space gives its air force time to react to any China attack [TAIPEI] Taiwan yesterday rejected China's call for the opening of restricted air space over the Taiwan Strait to help meet rising passenger demand between the
      -AFP  -  354 words
    • 268 20 Bernama [SURABAYA] National flag carrier Garuda Indonesia is ready to fly to Amsterdam in the first semester of 2010, after the European Union Air Safety Committee lifted its ban on four Indonesian airlines to fly to countries of the
      ■ Bernama; BLOOMBERG  -  268 words
    • 253 20 Reuters [RIYADH] Saudi Arabia's advisory Shura Council recommended on Sunday an initial public offering for flag carrier Saudi Arabian Airlines instead of selling off its units piecemeal in a privatisation effort. The council's transport and telecommunications committee made its recommendation in response to
      – Reuters  -  253 words
    • 401 20 -AP [PARIS] A submarine scouring the Indian Ocean on Sunday detected the signal beacons of the two black boxes from a Yemenia Airways flight that crashed off the Comoros Islands, the French aviation agency said. Plans were under way to retrieve the boxes
      -AP  -  401 words
    • 2686 20 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA) 4 British Airways Public Ltd Co(BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airhnf EVA Airways Corpn
      2,686 words
  • Page 20 Advertisements
    • 148 20 BT/ZUJI Deals of the Week I DEAL OFTHE WEEK ECONOMY CLASS AIRFARES HOTEL (frs) I BUSINESS CLASS AIRFARES I LOndOII $1088 Thai Airways $5,155 Thai Airways DESTINATIONS ECONOMY CLASS AIRFARES HOTEL BUSINESS CLASS AIRFARES WEATHER I Bangkok $259 ThaiAiiways $28 $702 ThaiAiiways ±1^ Cloudy Beijing $582 Air China $32 $1,531
      148 words
  • Page 20 Miscellaneous
    • 328 20 CRYPTIC CROSSWORD ACROSS 7 Crime trends are halved when —^^r=;—^h=—^^r>—^Hc—^Hc—^^^^ working (7) I 10 A part of Hampton Court reportedly intended to create 10 j In T 11 People keeping the peace fight to remove packaging i2~~^ 12 There's nothing in the orders 13 Shoot people running com- _I__L_H pany
      328 words

  • SHIPPING
    • 585 21 Reuters It has leased a VLCC to blend, store fuel oil in southern Malaysian waters [SINGAPORE] Swiss trader Mercuria Energy Trading is considering selling bunker fuel in Singapore and has leased a supertanker to blend and store fuel oil in southern Malaysian waters,
      Reuters  -  585 words
    • Article, Illustration
      73 21 AFP [SAINT-NAZAIRE, Western France] The 'MSC Splendida' being decked with confetti as it sailed off on its premaiden voyage last Saturday to Barcelona. The cruise ship is 330 m long with a height of 66.80 m the equivalent of a 23 floor building and can accommodate 3,959 passengers.
      AFP  -  73 words
    • 292 21 Bloomberg Some 152 orders canned in 8 months to May [HONG KONG] Shipyards in China, the world's second-biggest shipbuilding nation, had 152 orders scrapped in the eight months to May and may face more cancellations because of slumping global trade. Ships equivalent to about 4.39 million
      – Bloomberg  -  292 words
    • 614 21 Reuters [SEOUL] A North Korean ship tracked by the US Navy on suspicion of carrying banned arms cargo was expected to return home yesterday after a voyage that tested United Nations sanctions aimed at punishing Pyongyang for its May nuclear test.
      – Reuters; AP FILE PHOTO  -  614 words
    • TRANSPORT STOCKS
      • 109 21 '000 Jill 6 Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks Jaya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.49 0.26 1.21 0.49
        109 words
      • 41 21 '000 Jill 6 M$ Vol Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.93 8.55 8.55 3.04 2.73 0.02 0.10 -0.02 -0.15 unch -0.02 -0.01 -0.01 unch 138 259 276 316 32 197 5193
        41 words
      • 16 21 '00 Jill 3 Bahl Vol Precious Ship Regional Cont 15.80 ...9.80 0.20 unch 1760 432
        16 words
      • 15 21 '000 Jill 6 HK$ Vol Ooil Singamas Cont 33.40 0.86 -0.65 931 0.01 *****
        15 words
      • 26 21 '000 Jill 6 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.20 15.25 2.34 unch 0.10 -0.25 -0.04 unch 53 299 2 0
        26 words
      • 26 21 Jill 6 NTS Vol Evergreen Marine ....17.90 First Steamship 48.80 WanHai Lines 15.50 Yang Ming Marine ..12.25 1.15 2.20 0.25 0.35 19 11 4 20
        26 words
      • 43 21 '000 'en Kawasaki Hvy Ind ..260.00 -5.00 ***** Kawasaki Kisen 369.00 -10.00 5856 Mitsubishi Hvy 381.00 -8.00 ***** Mitsui Eng&Sbldg ..218.00 -7.00 4500 Mitsui Osk Lines 567.00 -26.00 ***** Nippon Express 400.00 -13.00 4443 Nippon Yusen 396.00 -14.00 ***** Source: Thomson Reuters
        43 words
    • 289 21 Bloomberg [HONG KONG] Hong Kong firefighters gained control of a blaze on a container ship that started four days ago. A total of 25 water jets are being used to tackle the fire, which is now "stable", or to cool the ship, according to
      – Bloomberg  -  289 words
    • 479 21 AFP, Reuters, Xinhua [BERLIN] The captain of a cargo boat captured by Somali pirates has appealed to German Chancellor Angela Merkel to intervene to secure its release, a report said last Saturday. "We are all desperate and some are also ill," said the Hansa
      – AFP, Reuters, Xinhua  -  479 words

  • SINGAPORE STOCKS
    • 8489 22 Hii !-wks Tel Low Code Col Sale C000) Hi; Low Bl Seller Cvr P/E Smil 9 3 3148 8Telecom 9 2.5 5834 A-Sonic 24 12 5000 ABRHIdgs 14 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 70 26.5 5550 ARA 8.5 2.5 3100 ASAGrp
      8,489 words
    • 1557 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 $mil Company 19 5 1181 s AAGrp 265 12 8538 t APStrategic 4 05 1501 s Advanced System 75 2 3480 t Adventus 265
      1,557 words
    • 366 23 52-Wk Tel h Low Code Last Sale Vol COOO) Day 111 Low Last Quote Buyer Seller Div GrYld C'vr Net P/E MCap Smil _Hm Conn _Hm 109 100 6389 ABFSG Bond ETF 107.1 877 427 CIMBAsean40 1OOUS$ IIS639 -7 246 149 DBS STI ETF 100 229 -3 2786
      366 words
    • 256 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
      256 words
    • 9448 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.815/ AIGIF Spore Bond Fund/A 1.275/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.94/ APS Alpha Fund (USD)!** 0.65/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5203/ APS Komaba Global
      9,448 words
  • Page 22 Advertisements


  • FINANCE & COMMODITIES
    • 367 24 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Jul 3 World Index Preliminan 687.5 -0.1 1.4 0.0 3.8 -0.1 2.9 EAFE Preliminai 661.0 -0.2 1.8 -0.1 5.3 -0.3 4.4 Euroi Preliminan 901.1 0.0
      367 words
    • 130 24 As at 9am Jul6 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1460 1.1810 .an dollar 1.2450 1.2600 Euro 2.0200 2.0440 NZ dollar 0.9070 0.9280 iterlini ind 2.3580 2.3851 US dollar 1.4460 1.4620 Local dollars to 100 units of foreign currency:
      130 words
    • 153 24 Jul 6 )vernight 1/8 I-month 7/16 'months 9/16 3-months 11/16 Overnight mode: 1/16 JS$ Offer 1/16 3/16 5/16 7/16 BJd 1 days I month I months months d months months I I. (All 0.35 0.42 0.70 0.80 1.15 1.70 1.80 Offer 0.25 0.32 0 40 0.50 0.85 1.40
      153 words
    • 19 24 Jul 6 ten Hii Sett >TI ilMSCI Jul 276.1 276.3 271.2 'aiwan Jul 237.6 239.1 236.6
      19 words
    • 22 24 Jul 6 SS Bid Offer 1-month 1.4571 1.4586 2-months 1.4572 1.4587 3-months 1.4572 1.4587 6-months 1.4572 1.4589 Source: OCBC
      22 words
    • 63 24 Jul 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Jul 09 2145 2139 2165 2145 5 214 AugO9 2130 2134 2152 2108 912 ***** SepO9 2130 2129 2146 2129 8318 ***** Oct09 2120 2136 2144 2136 1754
      63 words
    • 281 24 Jul 6 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO9 DecO9 Mar10 Jun10 99.4050 99.2100 98.9950 98.6800 9443 5503 4517 3445 EUROYEN TIBOR FUTURES SepO9 99.510 99.510 DecO9 Mar10 Jun10 99.525 99.525 Sep10 Dec10 Mar11 Jun11 99.510 99.525 99.510 99.520 99.535 99.515 99.460 99.415 99.330 99.270
      281 words
    • 173 24 Jul 6 (UBBtK Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) <\ugO9 162.0 >ep 09 161.3 3d 09 MOV09 Dec 09 Ian 10 162.0 160.0 162.0 160.5 158.0 157.5 157.5 158.5 11 27 564 683 1018 928 1289 394 FSR
      173 words
    • 88 24 Jul6 Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQO9127Z 08.10.09 1-Year BY*****W 03.05.10 0.25 0.35 0.23 0.23 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year NY*****X
      88 words
    • 98 24 Jul 2 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 09 1243.00 1258.50 1258.50 1223.00 AugO9 1154.00 1160.50 1171.00 1131.50 Sep 09 1061.00 1068.50 1081.00 1042.00 Nov09 1006.00 1015.50 1029.00 988.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 09 35.18 35.82 36.12 35.06 S.ug 09
      98 words
    • 76 24 CRUDE OIL PRODUCTS Jul3 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 65.74 -0.81 WTI (Near Mth) 65.67 -0.96 Dubai (1-Mth F) 66.27 -1.31 Tapis blend 71.05 -1.25 Minas 67.65 -1.80 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 64.00 72.05 -1.40 -1.90 US$/barrel Opec Oil Basket
      76 words
    • 463 24 Jul 6 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.920 5.397 0.567 6.120 38.157 80.855 0.752 10.014 2.798 1.262 64.368 38.094 1.151 6.333 0.861 26.042 26.933 0.490 0.790 Canada 1.087 5.868 0.616 6.654 41.486
      463 words
    • 68 24 Jul 6 mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates (S$) mth 0.***** mths 0.***** mths 0.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs
      68 words
    • 158 24 Jul 6 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1503 1.1517 0.7895 0.7897 Canadian dollar 1.2506 1.2522 0.8584 0.8586 Euro 2.0293 2.0323 1.3928 1.3935 NZ dollar 0.9115 0.9127 0.6256 0.6258 Sterling md 2.3496 2.3525 1.6126 1.6131
      158 words
    • 141 24 Jul 6 (US! f/oz) Jul 03 Jul 06 Hong Kong London 930.90 923.70 931.90 924.70 Jul 02 Jul 03 930.20 931.65 931.20 932.65 Source: Thomson Reuters CAST BAR (S$) Jul 06 Buying Sellini Kilobar "46,832.83" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm
      141 words
    • 64 24 Jul 3\ minimum, 99.7 jrity (US$/tonne) Co Close Previous :ash 1572.00 months 1601.00 1609.65 1640.00 Copper, Grade A (US$/tonne) :ash months 4966.25 4980.00 5019.25 5035.00 .ead (US$/tonne) :ash 1688.75 months 1710.00 1677.75 1700.00 lickel (US$/tonne) :ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) :ash *****.00 *****.01 months *****.00
      64 words
    • 72 24 Jul3 :OCOA (Btonne) Close Prev Hii ih/Low Jul 09 1567 1572 1575/1562 SepO9 1596 1601 1605/1590 Dec 09 1605 1611 1614/1600 Mar 10 1602 1607 1601/1597 COFFEE (US$/tonne) Close Pev High/Low Jul 09 1323 1319 1333/1319 SepO9 1338 1334 1349/1331 Nov09 1359 1356 1371/1355 SUGAR (US tonne) White Close
      72 words
    • 2182 24 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-PacificStrategicW*****6 4 unch 200 >036AdvanceSCTLtdW*****9 0.5 1 15 -21 6.00 1 87 1650 10.00 58 13 Ascendas Reit.ES.0907 167 3092 Asia Environment W*****4 0.5 1 38 97 39.00 1
      2,182 words

  • Page 25 Advertisements
    • 2694 25 m The Business Times Shipping Times IKsUiS^^^^BlhHl^B ilrWliißl I Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE HIMiWI CotllPfflOll Destination Destination vVuIV UIiIIUI lltllf STXPOTBN RTM/ANR/TIL AURORA SAPPHIRE NOL/NFK/SAV/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia idlllvlli I lIV OA Oil I™ O UdjJW Ull Ijjl MIDDLE-EAST
      2,694 words

  • Page 26 Advertisements
    • 4420 26 F^^^^^^^^^^^^^^^^^H n~F~ EASTERN CAR LINER, LTD I I^^^ClDnj l4L—!__-—1 I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS B^^S BjjiillMiillliiilß E__________M VOY I I LillinqlKT) I MUARA I SIN I PKL I KUC I JKT I SURA~~| VOY (IA (ID DiSIINAIION PCL/PHL SERVICE AMX SERVICE Connecting ECL Svc via MALTA
      4,420 words

  • PROPERTY
    • 435 27  -  UMA SHANKARI Plunge in revaluation gains drags down profit even with higher rental income By MAPLETREE Investments saw net profit plunge to $210.3 million for FY 008 ended March 31, 2009 from $1.04 billion a year earlier, on a sharp fall in revaluation
      435 words
    • 658 27  -  UMA SHANKARI DTZ notes decline rate eased slightly after Ql's plunge Reports by OFFICE rents in Raffles Place fell 19 per cent in the second quarter of this year, after sinking 25 per cent in Ql, according to a new report from DTZ.
      BLOOMBERG  -  658 words
    • 339 27 DEMAND for private industrial space continued to shrink in the second quarter of this year, says property firm DTZ. And private industrial rents in decline since Q4 2008 registered steeper falls in Q2 2009 than in the two preceding quarters. Average monthly gross rent fell 6.8
      339 words
    • 556 27 Bloomberg [WELLINGTON] New Zealand house prices rose for the first time in six quarters, a sign the economy may be starting to recover from the worst recession in more than three decades. Average prices gained 0.4 per cent in the three
      Bloomberg  -  556 words
  • Page 27 Advertisements
    • 15 27 Head to CATS FASTADS in The New Paper for job opportunities! >^ MATS BUYIT-SELLIT-FINDIT S 3
      15 words
    • 93 27 Receiver's Sale By Tender 1) Land near Eunos MRT Site area 2,651.9 sm Freehold Written Permission for 5-storey commercial residential devt Approved GFA 5,518.7 sm Excellent frontage onto Changi Road and Still Road Closing: 22 July 2009, Wednesday, 3pm 2) 331/333 Balestier Road Refurbished 2-storey shophouse with a 6-storey student
      93 words
    • 310 27 Is it time to initiate issflßl an en bloc sale now? M^^ Seminar organized by Credo Real Estate, a market leader in en bloc sales with over $3 billion worth of deals concluded, including 1 Singapore's biggest successful en bloc sale Farrer Court. <_i I imitpd S©3*S! I Obtain a
      310 words
    • 116 27 We Are The Property Arm Of A SGX-Listed Company With Diverse Interests In Retail, Property And Financial Businesses. We are looking for residential and/or commercial sites suitable for redevelopment, including vacant land, old houses, shophouses, enbloc properties, conservation houses and buildings. We are willing to offer reasonable prices for suitable
      116 words

  • INDUSTRIAL SPACE
    • 864 28 Hyundai unit has its work cut out in this large and challenging project, which will ease oil storage shortage, reports EMILYN YAP IN four years, Jurong Island will be home to Southeast Asia's first underground oil storage facility Jurong Rock Cavern. Marking a milestone
      FILE PHOTO  -  864 words
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