The Business Times, 9 July 2009
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2009-07-09
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The Business Times
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Title Section20 2009-07-09 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, July 9,200920 words
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Article, Illustration877 2009-07-09 1 CHUANG PECK MING - CHUANG PECK MING Hudson and SNEF say that more employers are thinking of increasing headcount this quarter By [SINGAPORE] The job market is poised to shed its fragility and flex some muscle. More employers here plan to add to their headcount in the next three monthsThe Hudson Report, Singapore – Q3 2009 - 877 words
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674 2009-07-09 1 CONRAD TAN - CONRAD TAN MAS ban on Fls covers only structured notes, not structured deposits By [SINGAPORE] The ban on selling structured notes is unlikely to hurt the earnings of the Singapore banks, but the damage to their reputations may take a while to repair, analysts674 words
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MARKETS DIGEST
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Article46 2009-07-09 1 Inesi lay lange 1 COMP 1,065.47 -0.89 IIKKEI225 9,420.75 -227.04 IANG SENG 17,721.07 -141.20 ;et index 575.87 -7.61 JAKARTA COMP Closed 1ANILA COMP 2,461.99 -9.77 ;eoulcomp 1,431.02 -3.18 ;henzhenb 503.92 +8.78 IUMBAI IND 13,769.15 -401.30 12 noon EDT Change )OW 8,129.97 -33.63 IASDAQ 1,734.15 -12.0246 words
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Article29 2009-07-09 1 SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.277 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source: BloombergBloomberg - 29 words
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Article45 2009-07-09 1 IS$ (S$ ier US$) 1.461 (USS/SS ier 1.608 2.348 :URO (US$/S$/E) 1.389 2.028 Foreign currency per US$ S$ 'EN 94.20 64.50 3.563 2.439 IK$ 7.751 5.306 !AHT 34.12 23.36 lUPIAH 10,200 6,983 lENMINBI 6.835 4.679 INDIAN RUPEE 48.85 33.44 1.274 0.872 IZ$ 1.598 1.09445 words
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Page 1 Advertisements
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Advertisement49 2009-07-09 1 -sis Ss^^-. Touch base with the property market Highlights of property supplement free with your BT today: Interest absorption schemes and loan payment strategies How much leverage can you take? Shophouse shopping: All about zoning, road lines and financing ">".*:" i J j r '/vV: L' ■-J"- j -1■"-"'v'-'--'-''" -"J49 words
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Page 1 Miscellaneous
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Miscellaneous43 2009-07-09 1 /^Z^ BizlT CHARTING THE FUTURE INDONESIAN If* GLOBAL ECONOMY V-*TLm The view beyond Economic Strategies ELECTION Recovery expected to v y Windows Committee fleshes out ideas Yudhoyono poised t§- be slow, warns IMF PAGE 25 PAGES 2 towin PAGE 2 JhA PAGE 343 words
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TOP STORIES
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THREE-MINUTE DIGEST
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Article52 2009-07-09 2 MORE employers here plan to add to their headcount in the next three months in anticipation of business picking up next year, a poll by recruitment firm Hudson has found. This is backed up by the Singapore National Employers' Federation which has conducted its own survey.52 words
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41 2009-07-09 2 THE ban on selling structured notes is unlikely to hurt the earnings of the Singapore banks, but the damage to their reputations may take a while to repair, analysts and industry sources said yesterday. FRONT PAGE41 words
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70 2009-07-09 2 TWO weeks after being formed, the Economic Strategies Committee has carved out its work in eight areas, with one broad goal to grow Singapore "faster than other advanced economies". The 25-strong panel charting Singapore's long-term future fleshed out yesterday the key issues that it70 words
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57 2009-07-09 2 LAWYERS and the insurers that cover financial institutions (Fls) against liability are devouring the Monetary Authority of Singapore's report that highlighted failures in the sale of toxic structured products. The findings may prompt legal action and insurers expect tough negotiations as the claims57 words
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49 2009-07-09 2 EZRA Holdings has posted an 8 per cent rise in net profit to US$lB.B million for its third quarter ended May 31, from US$l7.4 million a year ago, as turnover rose 9 per cent to U5559.9 miUion. COMPANY NEWS, PAGE 449 words
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53 2009-07-09 2 ASIAN stock markets are headed for a mild correction in the third quarter after the recent surge, but investors should use that chance to add to their stock holdings ahead of the eventual recovery in the world economy, Credit Suisse strategists said yesterday. COMPANY53 words
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61 2009-07-09 2 THE slight rebound in HDB resale flat prices indicates a stable, not a rising, market, said Minister for National Development Mali Bow Tan yesterday. URA flash estimates had shown that the HDB resale price index rose 1.2 per cent in Q2, against61 words
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47 2009-07-09 2 MALAYSIA is to abandon teaching maths and science in English, saying that far too many children from poor rural areas were being failed by the programme. It will start phasing out English medium teaching from 2012. MALAYSIA/INDONESIA, PAGE 1047 words
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67 2009-07-09 2 CHINESE President Hu Jintao abandoned plans to attend a G-8 summit in Italy yesterday, returning home early to deal with ethnic violence that has left at least 156 dead in China's north-western region of Xinjiang. Some 1,080 people have been injured67 words
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67 2009-07-09 2 AN Australian who heads Rio Tinto's iron ore operations in China has been arrested in Shanghai and accused of espionage, Australia's foreign minister said yesterday. Stephen Smith said that he had seen no evidence that the arrests of Stern Hu67 words
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657 2009-07-09 2 ANNA TEO - ANNA TEO Economic strategies panel fleshes out issues, names heads of sub-committees By [SINGAPORE] Two weeks after it was formed, the Economic Strategies Committee (ESC) has carved out its work in eight areas, with one broad goal to grow Singapore "faster than other advanced657 words
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Article, Illustration473 2009-07-09 2 AP [JAKARTA] Indonesian President Susilo Bambang Yudhoyono was poised to win his second term in office on the back of recent economic and political stability, according to early returns yesterday in the country's presidential election. An unofficial quick count of ballots sampled from 2,000AP - 473 words
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428 2009-07-09 2 CHEW XIANG - CHEW XIANG HK, last year's No 1, lost ground for very congested roads By [SINGAPORE] Singapore is ranked top this year in the World Economic Forum's Enabling Trade Index, which measures openness to trade. Last year's No 1, Hong Kong, dropped to second place428 words
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553 2009-07-09 3 SIOW LI SEN - SIOW LI SEN They're checking what they are up against if claims start getting filed By! [SINGAPORE] Lawyers and the insurers that cover financial institutions (Fls) against liability are devouring the Monetary Authority of Singapore's report that highlighted failures in the sale of553 words
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336 2009-07-09 3 CHEN HUIFEN - CHEN HUIFEN MOH says mild state of virus makes both unnecessary By [SINGAPORE] The Ministry of Health (MOH) is changing its approach to tracking HINI influenza in Singapore, after the World Health Organization (WHO) eased reporting requirements. For a start, MOH is doing away with336 words
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Article, Illustration690 2009-07-09 3 ANTHONY ROWLEY - ANTHONY ROWLEY By in Tokyo THE global recession is not over and recovery is still expected to be slow, the International Monetary Fund warned in the latest update of its World Economic Outlook released last night. The highlyAP - 690 words
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Advertisement87 2009-07-09 2 M B^^| BUILDING FUTURES 5 One success story at a time 4r iwant a slobal V*. distinctive mark in alternative investments WE HAVE THE PLAN ir 1 1% J IL^^^N^^^^^Jl^l KAPLAN FINANCIAL is proud to be the only Accredited Prep Provider in Singapore to offer the CAIA® Preparatory Course I87 words
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Advertisement75 2009-07-09 3 ■RySH^Wi R^fl _____r_^___l 'r I __________________________mtyi*l>BCl|'FiMi^^^^^^^^^^^M _t w_s_<; _»-<_ =Stf:______________ RA H9 __H___________H H__^^^^^^^H__^^^^^H__^^^HL_l m^k^k^kWSk^k^kWkmL—^k^ku I _^_l VMM m\y\\ w^m l-^H am X El -^-^-^-l H I _P^_______________l MM^______________________________________________________________________________________________* hvpMHHHHPI KSfl IH KS I ______^^^^m HI I i Mfi" J_flfi__^_£i I B^sH zSPz^AW =sgzn ■Bff S!! pi--i I I^^H l^_ffl75 words
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COMPANY NEWS
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488 2009-07-09 4 VINCENT WEE - VINCENT WEE Its offshore support services, marine divisions had strong pickup in revenue By EZRA Holdings posted an 8 per cent rise in net profit to US$lB.B million for its financial third quarter ended May 31, from US$l7.4 million a year ago,488 words
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Article271 2009-07-09 4 JAMIE LEE - JAMIE LEE By TRADING in Enporis Greenz formerly known as Seksun Corporation will be suspended from Aug 1 as the shell company has failed to secure a further extension of time from the Singapore Exchange (SGX) for it to acquire a new business.271 words
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341 2009-07-09 4 JAMIE LEE - JAMIE LEE By A COUPLE of Norwegian companies with "reasonable market share" in the shipping and offshore segment were mulling a secondary listing in Singapore before the financial crisis hit last year, a Norwegian stock exchange executive said yesterday. The companies, which he did not341 words
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Article, Illustration513 2009-07-09 4 Firms have more avenues for funds amid high liquidity [MUMBAI] DBS Group, South-east Asia's top bank, expects its small Indian operations to grow at a sharply slower 25-30 per cent pace in 2009/10 as excess cash opens up more avenues for customers, a topFILE PHOTO - 513 words
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811 2009-07-09 4 LYNETTE KHOO - LYNETTE KHOO RAILCAR profile maker Midas Holdings has come into market focus, cheered by recent contract wins totalling a whopping one billion yuan (Ss2l4 million). The latest contracts secured over the past two months even exceeded the management target of $200 million and $300811 words
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366 2009-07-09 5 LYNETTE KHOO - LYNETTE KHOO It will sell some assets to generate additional cash By GUANGZHAO Industrial Forest Biotechnology Group has been given another extension of time to repay outstanding debts of more than US$B million to bondholder Liberty Harbor LLC. Including this one-month extension to Aug 9,366 words
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465 2009-07-09 5 Bloomberg They seek to end price war; will also raise fuel levies and may add peak season surcharges [HONG KONG] Neptune Orient Lines's APL unit, China Cosco Holdings Co and 12 other container lines agreed to raise rates on Asia-US routes,Bloomberg - 465 words
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357 2009-07-09 5 > LI DAN WEI - > LI DAN WEI By QUALITAS Medical Group has expanded its regional network and scope of services through acquisitions. Last month, the healthcare services group completed the acquisition of a 48 per cent stake in Peak Primary Ltd (PPL), a New Zealand primary healthcare chain, for357 words
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Article107 2009-07-09 5 ST Aero inks contracts with Primera Air ST Engineering arm ST Aerospace has signed a component support programme with Icelandic operator, Primera Air. Worth U5532.5 million, the programme is for the maintenance, repair and overhaul (MRO) of its landing gears over five years and an eight-year comprehensive component107 words
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Advertisement647 2009-07-09 4 A SATS In The Matter Of The Companies Act, IN THE MATTER OF Cap. 50 And In The Matter Of TH E COMPANIES ACT (CHAPTER 50) CENTXPTE.LTD. AND Company Reg. No. *****0713K IN THE MATTER OF (In Members' Voluntary Liquidation) ESTRO TECHNOLOGIES FIE. LTD. Members' Voluntary Winding Up Company Registration647 words
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Advertisement55 2009-07-09 4 SDFDSFSD Call 6-594 7593 today for more info or to join our weekly demo class. A SAS 70 Compliant status conferred to a service organisation is a testimony that the service provider has adequate controls and safeguards in place to host and process the data of its clients. PAYDAY! Payroll55 words
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Advertisement33 2009-07-09 5 M.-.tiWUMUUHIHIimHIIII.'I Freehold, 24 storey iconic tower j-^=^=^^^^=fc. Private lift serving 34 units ifl^^^S K\ 3+study (1841sqft). BBSSSsEjBI Facilities, 2 carpark lots l^2X3fl3E2nH Gd schools/Clubs/Stevens MRT/ Mlns|P^u3^3#Ul| to Orchard Botanic Gardens. IKiIimQKmIMvI Huttons realestategroup33 words
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Advertisement531 2009-07-09 5 This announcement appears as a matter of record only. This document is for general information purposes only and is not an offer to sell or a solicitation of an offer to buy any product. Past performance is not indicative of future returns. idliPjl \A/» Itnn w§Ss^ VVCIILUI I International Group531 words
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SINGAPORE MARKETS
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Article, Illustration577 2009-07-09 6 R SIVANITHY - R SIVANITHY STOCKS Activity mainly from professional sources as retail players are reluctant to try their luck in a volatile market DEFENSIVE plays shone yesterday in a session that was mainly weak and largely split into two halves the first featuring heavy short-selling inBloomberg - 577 words
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Article89 2009-07-09 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 114 0 0 0 2 114 lanufacturing 23 66 65 13 27 70 78 Commerce 34 15 38 19 'pt/Stor/Comms 12 19 12 19 :inance 17 17 Construction 10 11 'roperties 33 33 lotels/Rsts iervices89 words
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Article111 2009-07-09 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 20.797 20.797 73.398 73.398 lanufacturing 248.114 40.050 288.164 206.872 1.234 208.105 lommerce 59.641 10.578 70.219 56.327 6.352 62.679 "pt/Stor/Comms 115.263 115.263 188.996 188.996 :i nance 34.103 34.103 255.118 255.118 lonstruction 117.512 3.099 120.611 20.628 39 20.667 'roperties 201.538 201.538111 words
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Article105 2009-07-09 6 lapitaLand 3.380 -0.170 lapitaMall 1.380 -0.010 jtyDev 7.880 -0.560 lomfortDelGrc 1.320 +0.020 losco Corp 1.160 -0.030 IBS Grp 11.340 +0.040 :&N 3.450 -0.080 ienting SP 0.680 +0.005 iolden Agri 0.295 -0.020 IK Land 3.380 +0.010 IMH 25.500 -0.540 ISH 14.500 -0.280 lardineC&C 18.440 +0.060 Ceppel Corp105 words
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Article, Illustration932 2009-07-09 6 JAMIE LEE - JAMIE LEE Singapore Property CITI INVESTMENT RESEARCH, July 8 PROPOSED Changes to Income Tax Act: The Ministry of Finance (MOF) is proposing several changes to the Income Tax Act, of which two affect the property sector. We think the likelihood of implementation is high. Change No 1 PropertyBloomberg - 932 words
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Article, Illustration527 2009-07-09 6 Reuters CURRENCIES [NEW YORK] The dollar and yen climbed broadly yesterday due to risk aversion amid unease about the global economy, and as investors awaited a communique from a summit of G8 leaders and US corporate earnings. Doubts about economic recovery, particularly– Reuters; AFP - 527 words
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Article62 2009-07-09 6 Jul 8 VALUE CLOSE BT OB/OS -462.00-370.00 BT CADI -*****.00-200.00 BT 10-day MA -*****.00 -46.00 FTSE ST Mid Cap 504.01 -10.59 FTSE ST Small Cap 405.10 -8.88 FTSE ST All Share 549.60 -4.76 FTSE ST China Top 231.00 -6.23 FTSE ST China 226.16 -6.15 FTSE ST Catalist62 words
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Article54 2009-07-09 6 VOLUME Golden Aqri 251,986,000 GoldenAqri R 125,451,000 Capita Land 69,692,000 UniFiber 53,224,000 IndoAqri 38,547,000 Yonqnam 38,487,000 China Honqxinq 35,121,000 SingTel 27,351,000 Ezion 23,010,000 Yanlord 22,781,000 VALUE(S) CapitaLand 234,997,470 CityDev 108,427,050 DBS Grp 96,753,180 SingTel 83,163,020 Golden Aqri 74,709,100 UOB 61,796,060 Yanlord 54,088,848 OCBC Bk 47,651,280 SGX 43,932,41054 words
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Article106 2009-07-09 6 DBXT S&P Short 10US$ CLOSE UP 7080 116.8 1.1 OCBC Bk4.5%NCPS 100 8870 30.0 0.3 SIA.ES.0907 1298 28.0 2.2 UOB 5.05%NCPS 100 9800 20.0 0.2 OCBC Bk5.1%NCPS 100 9660 10.0 0.1 SIA 200 1298 10.0 0.8 Sini lTel.ES.0907 307 9.0 3.0 STEm 251 8.0 3.3 SMRT 178 7.0 4.1106 words
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Article108 2009-07-09 6 CLOSE DOWN 8646-405.9 -3.1 DBXT Ni 10US$ JMH 2550 -78.8 -2.1 CITYDEV.ES.0907 783 -69.0 -8.1 DBS.ES.0907 1126 -68.0 -5.7 Cifr 788 -56.0 -6.i STXPO 100 1246 -46.0 -3.6 MS India 10US$ 1120 -42.3 -2.! JSH 1450 -40.9 -1.9 India Ni 10 1235 -30.0 -2.. China H 10US$ 1367 -27.7108 words
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Article86 2009-07-09 6 Jul 8 CLOSE CHNG FR Jul 7 YR2009 S$ LOW S$ HIGH USS 1.4597 -0.13 1.5579 1.4308 Euro 2.0318 0.28 2.0732 1.9150 Pounds 2.3530 0.59 2.4051 2.0356 AS 1.1491 1.20 1.1816 0.9453 Yen* 1.5496 -1.18 1.7278 1.4831 Rupiah* 0.***** -0.13 0.***** 0.***** Baht* 4.2832 -0.25 4.339086 words
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COMPANY NEWS
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Article, Illustration435 2009-07-09 7 CONRAD TAN - CONRAD TAN MARKET VIEWS But investors should seize the chance to add to their stock holdings: analysts By ASIAN stock markets are headed for a mild correction in the third quarter after the recent surge, but investors should use that chance to add toREUTERS - 435 words
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303 2009-07-09 7 WINSTON CHAI - WINSTON CHAI By BETTER-than-expected earnings by the biggest hard drive makers could set the stage for a string of positive earnings surprises from locally listed storage component suppliers, says research firm CIMB. The market analyst yesterday upgraded its valuation of the local hard303 words
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402 2009-07-09 7 GENEVIEVE CUA - GENEVIEVE CUA By INVESTORS should raise their exposure to risky assets "step by step" as economies stabilise amid modest inflation, says VP Bank Group chief economist Joerg Zeuner. Dr Zeuner expects the US economy to grow in the fourth quarter, though402 words
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199 2009-07-09 7 UMA SHANKARI - UMA SHANKARI By FRASERS Hospitality, part of the Fraser Neave group, opened its third property in Singapore yesterday. The 50-unit, all-loft Fraser Place Fusionopolis brings the number of properties under management worldwide by Frasers Hospitality to 33. This year alone, Frasers has opened four properties199 words
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Page 7 Advertisements
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Advertisement54 2009-07-09 7 central PRIME OFFICE SPACE FOR LEASE tKgji Above Clarke Quay MRT Station Panoramic views of the Singapore River and Marina Bay IR Unit sizes range from 646 sq ft to 13,337 sq ft Fully fitted offices available Immediate occupation For leasing enquiries, please call: £SOQGO^.QO il"] Far East Organization V^&&^*TiJiJ54 words
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Advertisement1512 2009-07-09 7 A WATS iSBj net9luson netelusion limited NeteLusion Limited (Company Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of NETELUSION LIMITED (the "Company") will be held at Park Avenue Suites Meeting Rooms 1 and 2, 81A Clemenceau Avenue, #05--18 UE Square, Singapore1,512 words
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SINGAPORE NEWS
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Article, Illustration370 2009-07-09 8 rJOANNE TANG - rJOANNE TANG PROPERTY URA data shows Q2 resale price index rising 1.2%, against dip of 0.8% in Q1 Reports by THE slight rebound in HDB resale flat prices indicates a stable, not a rising, market, said Minister for National Development Mah Bow370 words
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Article324 2009-07-09 8 It is developer's first Carbon Neutral® project in region CITY Developments Ltd (CDL) yesterday unveiled 11 Tampines Concourse the first CarbonNeutral® development in Singapore and the Asia-Pacific. The three-storey office building with a gross floor area of 124,001 square feet and lettable space of 108,000 sq324 words
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Article, Illustration444 2009-07-09 8 UMA SHANKARI - UMA SHANKARI By PROPERTY market activity continued in the first week of last month as more private homes were launched or re-launched to ride the buying momentum. Bukit Sembawang Estates said yesterday that it has sold 50 of the 78 units at Luxus444 words
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223 2009-07-09 8 THE Singapore Prestige Brands Award (SPBA) 2009-a joint collaboration between the Association of Small and Medium Enterprises and Lianhe Zaobao, sponsored mainly by Citibusiness was launched yesterday. SPBA has recognised businesses that have excelled in planning and executing branding strategies since it started in223 words
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Article, Illustration555 2009-07-09 8 ARTHUR SIM - ARTHUR SIM ByJ LAS VEGAS Sands (LVS) will launch its Marina Bay Sands (MBS) integrated resort later than expected, with doors opening in January or February instead of at end-2009. Early-2010 will also be when LVS is likely to re-start construction work onDESMOND FOO/THE STRAITS TIMES - 555 words
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288 2009-07-09 8 CONSTRUCTION of the new bridge to Sentosa is complete and the first traffic crossed it yesterday. Until July 22, all traffic to and from the island will be diverted to the new bridge, which runs parallel to the existing bridge. The existing bridge288 words
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Article346 2009-07-09 8 COE premiums continued to rise yesterday, with the commercial vehicle category powering ahead with the torque of a turbo-diesel truck. A certificate of entitlement for Category C goods vehicles and buses jumped $4,273 to $16,888, as commercial vehicle dealers rushed for the roughly 230346 words
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421 2009-07-09 8 CHEN HUIFEN - CHEN HUIFEN Move may speed up pace at which new products hit market By SINGAPORE is set to play a key role in Takeda Pharmaceutical's growth in Asia, as the company officially launches clinical research and marketing offices here. This is the421 words
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ECONOMY WATCH
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Article, Illustration509 2009-07-09 9 ANTHONY ROWLEY - ANTHONY ROWLEY May current account surplus also well below market expectations By in Tokyo YESTERDAY brought stark reminders that Japan's economy is not yet out of the woods of economic recession as official data revealed that core private sector machinery orders a key indicatorAP - 509 words
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Article, Illustration795 2009-07-09 9 Reuters British PM: World has to wake up to scale of downturn [ROME/TOKYO] The world's top industrial nations were set to warn yesterday that economy recovery is by no means secure, a point backed by news of US consumers falling behind on their bills andReuters; AP - 795 words
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420 2009-07-09 9 -NYT [NEW YORK] British manufacturing output fell in May, government data showed on Tuesday, while data from Germany was more positive, but also tentative. The Economy Ministry in Berlin said that manufacturing orders, a leading indicator, rose 4.4 per cent from-NYT - 420 words
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728 2009-07-09 9 -NYT [NEW YORK] No one argues that the staggering deficits run up by the American government in a bid to rescue the economy are desirable, healthy or even sustainable not if the national debt continues to swell at its current pace. But considerable-NYT - 728 words
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Advertisement82 2009-07-09 9 JACKPOT 1,500,000. TODAY! Sales Close at 6pm Draw at 6.30pm at PoMo 7k Always ploy with care. Towards Community jjf Do not bet illegally. Purpose end Benefit "§»J io: *****0202G I kiMMilff iiiCtij Tanjong Pagar Road 2-storey Shophouse (2 shopfront) P^^P 15 sm l a- Land Area approx. 1,976 sq82 words
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MALAYSIA/INDONESIA
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488 2009-07-09 10 Reuters, AP Opposition parties back move to revert to using Bahasa Malaysia from 2012 [PUTRAJAYA, Malaysia] Malaysia is to abandon teaching maths and science in English, saying that far too many children from poor rural areas were being failed by the programme.– Reuters, AP - 488 words
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418 2009-07-09 10 Reuters [KUALA LUMPUR] Malaysia's June palm oil stocks have risen 4.6 per cent to a four-month high as production comfortably outpaced shipments of the vegetable oil which appear to have stalled, a Reuters poll showed yesterday. Inventories in the world's No– Reuters - 418 words
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Article, Illustration502 2009-07-09 10 ,y 10 io] -NYT [NEW YORK] One sign of Indonesia's democratic progress has been the obsession with opinion polls in the lead-up to yesterday's presidential election, a vote that takes Indonesia a further step towards consolidating its democratic system. As it stands, incumbent President,y 10 io] -NYT; REUTERS - 502 words
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Advertisement2959 2009-07-09 10 _L^l A. _I_^^^ 1 \J Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg P PU POWERMATIC DATA SYSTEMS LIMITED X GIANT WIRELESS tS/WU (Company Registration Number: *****0414E) 1 i TECHNOLOGY LIMITED I BZgfiPZE^ J (Incorporated in Singapore with limited liability) NOtiCS Of Annilfll GSnSrSI MSStinO NOTICE IS HEREBY GIVEN that the Twentieth2,959 words
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GREATER CHINA
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455 2009-07-09 11 Reuters, AFP Govt blames exiled Uighurs seeking independence for unrest [URUMQI, China] Chinese President Hu Jintao abandoned plans to attend a G-8 summit in Italy yesterday, returning home early to deal with ethnic violence that has left at least 156 deadReuters, AFP - 455 words
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275 2009-07-09 11 Xinhua [HOHHOT] Chinese archaeologists yesterday said that they have sketched out the layout of the first capital of Kublai Khan's empire, known as Xanadu in Marco Polo's Travel Notes, through a large-scale excavation. "The most exciting findings are the layout of theXinhua - 275 words
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Article, Illustration650 2009-07-09 11 AFP A choir adds a twist to Hong Kongers' civic expression [HONG KONG] In a city where people take to the streets daily to shout and wave placards about everything from food scares to tax hikes, one enterprising group has decided to voice their frustrations in song.AFP - 650 words
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Advertisement21 2009-07-09 11 ■life: .J:^.::!!' JQ_j L 1 PA RAG O N j9^^ I ~^^^r 290 Orchard Road Singapore *****9 Tel: 6733 1900 www.paragon.com.sg21 words
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INDIA
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361 2009-07-09 12 Bloomberg Levy may worsen the 55% drop in imports in the first 5 months of 2009 [MUMBAI] India's plan to double import duty on gold may lead to smuggling of bullion into the world's biggest consumer, undermining efforts by the government toBloomberg - 361 words
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Article272 2009-07-09 12 -AFP [MUMBAI] India's financial and entertainment capital is facing a 30 per cent cut in water supplies, despite an overnight deluge of monsoon rains last Thursday that left some streets and homes flooded. The civic authorities in Mumbai introduced the reduction yesterday as levels ran "precariously-AFP - 272 words
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Advertisement3758 2009-07-09 12 w [SATS J.^l V^>/ _L XVj -I—/ l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg W/^TX RW YONGMAO HOLDINGS LIMITED NOTICE OF YUAAA |f#n| (Incorporated in the Republic of Singapore on 3 August 2005) AMMIIAI ACILICDAI MCCTIM^ strategic holdings ltd. |jj2Ha| (Company Registration No. *****0649K) ANNUAL UCNCnAL IVICCTINU YOMA STRATEGIC3,758 words
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ASIA-PACIFIC/WORLD
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397 2009-07-09 13 -AP [VIENNA] Oil prices slipped closer to the US$62 a barrel mark yesterday reflecting growing concerns over a slower-than-expected recovery in the global economy. Prices were lower for the sixth straight day from a peak of above US$73 last week, in-AP - 397 words
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526 2009-07-09 13 AFP It says bank cannot comply with US summons without violating Swiss law [ZURICH] The Swiss government has vowed to go all out to prevent banking giant ÜBS from releasing client data to US tax authorities, including by seizing information, documentsAFP - 526 words
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606 2009-07-09 13 AP [SYDNEY] An Australian who heads Rio Tinto's iron ore operations in China has been arrested in Shanghai and accused of espionage, Australia's foreign minister said yesterday. The detention of the executive and three Chinese nationals working for Rio comesAP - 606 words
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391 2009-07-09 13 Bloomberg [SYDNEY] A rural town in Australia says it is on the verge of becoming the first community in the country to stop selling bottled water, as it seeks to reduce its carbon footprint. Residents of Bundanoon, a town of 2,000 people about 120Bloomberg - 391 words
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Article, Illustration240 2009-07-09 13 Reuters [LONDON] Fancy £50,000 (S$118,000) a year in a stress-free job with flexible working hours and no need to wear a suit? Well, grab your black pointy hat, take out that rusty black hessian drape from the back of the wardrobe and refreshReuters; STOCK.XCHNG - 240 words
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Page 13 Advertisements
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Advertisement223 2009-07-09 13 g^NOTICES IN THE MATTER OF THE COMPANDJS ACT, CAP. 50 AND IN THE MATTER OF INFLEXION SOLUTIONS INTERNATIONAL PTE LTD Co. Regn. No:*****7300Z (IN MEMBERS' VOLUNTARY LIQUTDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting223 words
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Advertisement1962 2009-07-09 13 A MAIS Company Registation No. *****4719G [J] Yellow Pages (221 Singapore (Incorporated In the Republic of Singapore) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") of the shareholders ("Shareholder") of Yellow Pages (Singapore) Limited (the "Company") will be held at Upper Club, 30 Victoria Street, #02-01 A1,962 words
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WORLD
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Article, Illustration769 2009-07-09 14 -NYT He criticises growing divide between rich and poor, calls for greater responsibility in his new encyclical [VATICAN CITY] Pope Benedict XVI on Tuesday called for a radical rethinking of the global economy, criticising a growing divide between rich and poor, and urging-NYT - 769 words
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Article, Illustration468 2009-07-09 14 -Reuters [L'AQUILA, Italy] G-8 leaders have failed to get emerging powers to agree to climate change goals for 2050 and conclusions from their summit will not directly refer to a sensitive debate about the domination of the US doUar. Draft documents seen by-Reuters; AFP - 468 words
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564 2009-07-09 15 Reuters But checks on how states spend come up short, says GAO report [WASHINGTON] The US government is sending stimulus money to states faster than it anticipated, defying some claims that it is not acting quickly enough, but its checks on how theReuters - 564 words
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Article, Illustration453 2009-07-09 15 -AFP [SAN FRANCISCO] Facebook said on Tuesday that about a million members worldwide weighed in online with Michael Jackson comments while watching live online video of the revered King of Pop's memorial. Facebook "update" messages were fired off at feverish rates, with comments tied-AFP; AFP - 453 words
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Article, Illustration651 2009-07-09 15 NYT [MOSCOW] President Barack Obama kicked off a new chapter in US-Russian relations with significant progress on several fronts during a two-day visit. Nearly a year after the relationship ruptured over the war in Georgia, the two sides are now back at the table andNYT; AP - 651 words
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304 2009-07-09 15 -Reuters [NEW YORK] Billionaire investor Wilbur Ross predicted on Tuesday that the government's plan to have private investors buy unwanted bank assets would end up as a fraction of the original US$l trillion size, he told CNBC television in an interview. Mr-Reuters - 304 words
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295 2009-07-09 15 -AFP [LONDON] A team of British scientists claimed yesterday to have created human sperm using embryonic stem cells, in a medical first that they say will lead to a better understanding of fertility. Researchers led by Professor Karim Nayernia at Newcastle University and-AFP - 295 words
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Page 14 Advertisements
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Advertisement1206 2009-07-09 14 KSH HOLDINGS LIMITED QjTM Registration No. *****3337G PETI NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 3rd Annual General Meeting of KSH HOLDINGS LIMITED will be held at Furama City Centre Singapore, The Heritage, Level 2, 60 Eu Tong Sen Street Singapore *****4 on Friday, 24 July1,206 words
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Advertisement1301 2009-07-09 14 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg |k Superior Fastening Technology Limited M (Registration n0.*****) (Incorporated in Bermuda with limited liability) B* NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Superior Fastening Technology Limited (the "Company") will be held at 80 Raffles Place, #25-011,301 words
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Page 15 Advertisements
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Advertisement1644 2009-07-09 15 A WATS NOTICES /7J7) MAN WAH HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Company Registration No. *****) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Man Wah Holdings Limited (the "Company") will be held at Suntec Singapore International Convention Exhibition Centre, MR3O9, Level 3, 1 Raffles Boulevard,1,644 words
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AVIATION
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Article, Illustration661 2009-07-09 16 AP Move is an effort to rein in supplier problems that lead to costly delays [PITTSBURGH] Boeing Co will pay US$5BO million for a plant that makes large sections of its 787 jetliner, an apparent effort to rein in supplier problems thatAP; FILE PHOTO - 661 words
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383 2009-07-09 16 Bloomberg [ATLANTA] Southwest Airlines Co, Continental Airlines Inc and Delta Air Lines Inc led US carriers to a smaller traffic decline in June as leisure travellers took advantage of discounted fares. Miles flown by paying passengers for the six largest USBloomberg - 383 words
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Article2630 2009-07-09 16 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (FW nuraq Airlines (BOU), BR EVA2,630 words
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123 2009-07-09 16 Bloomberg [SAO PAULO] An autopsy of victims of the Air France plane that crashed in the Atlantic Ocean on June 1 shows that the aircraft hit the water in one piece, Brazil's chief forensic examiner said, corroborating findings by FrenchBloomberg - 123 words
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262 2009-07-09 16 Reuters [LOS ANGELES] EADS does not expect the Pentagon to announce till August the draft terms for a contract worth potentially US$35 billion to replace an ageing US airforce tanker fleet, the defence group's North American chief told Reuters on Tuesday. This year,– Reuters - 262 words
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214 2009-07-09 16 AP [TORONTO] Australia's Qantas Airways has pleaded guilty to price-fixing charges on air cargo that was shipped from Canada and has been fined C 5155,000 (*****,547), Canada's Competition Bureau said on Tuesday. Qantas admitted that its freight division fixed surcharges on airAP - 214 words
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Page 16 Miscellaneous
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Miscellaneous193 2009-07-09 16 CRYPTIC CROSSWORD I-,/-) C-^-Pt) 27 Petty officer sure upsetting show-off (6) 12 Free time for one confined YESTERDAY'S SOLUTION DOWN Across: 1 Francis Drake, 9 Ear--1 One who has yet to settle (6) 15 )f m fluent about thunder nest 10 Refiner, 11 Toadish, 13 2 Occasion to restrict period193 words
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SHIPPING
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Article, Illustration782 2009-07-09 17 LAT-WP Drewry report forecasts losses of US$2O billion for container industry [LOS ANGELES] Trade at international ports is on track to drop by more than 10 per cent this year, one of the steepest declines ever, according to a new maritime industry report.LAT-WP; FILE PHOTO - 782 words
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408 2009-07-09 17 Reuters [SINGAPORE] Barclays Bank pic has booked a supertanker to store gas oil, becoming the second investment bank to cash in on a potentially lucrative multi-million dollar oil trading play, industry sources said yesterday. The new booking, the first in about a month,– Reuters - 408 words
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199 2009-07-09 17 VINCENT WEE - VINCENT WEE By' [SINGAPORE] DHL has added more options for shippers out of Bangkok with the launch of guaranteed weekly direct less than container load (LCL) services to Los Angeles, Hamburg and Tokyo which it will run in-house through its Danmar199 words
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Article, Illustration403 2009-07-09 17 Bloomberg [MADRID] The Panama Canal Authority was to announce yesterday which of three groups, including one led by Bechtel Group Inc, is the frontrunner for a US$3.4 billion contract to help double the waterway's capacity. Bechtel is partnered with MitsubishiBloomberg; AFP - 403 words
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281 2009-07-09 17 Reuters [COPENHAGEN] Piracy at sea off the horn of Africa has caused a 10-fold increase in insurance premiums for shipping companies, business daily Borsen said yesterday citing a Norwegian ship insurer. Somali gangs have been marauding in the Gulf of Aden and– Reuters - 281 words
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TRANSPORT STOCKS
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Article101 2009-07-09 17 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.48 0.26 1.16 0.48 1.11 0.60 0.05 0.47 0.32101 words
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Article31 2009-07-09 17 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.89 8.45 8.50 3.06 2.72 unch -0.04 -0.05 0.05 unch -0.01 unch 34 68 244 301 4 031 words
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Article12 2009-07-09 17 '00 ■recious Ship Jegional Cont 15.10 9.60 -0.70 -0.20 265! 76}12 words
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Article11 2009-07-09 17 '000 Doil iingamas Cont .32.90 ...0.85 -1.40 2119 -0.01 *****11 words
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Article22 2009-07-09 17 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.30 15.25 unch unch unch unch unch unch 191 432 0 022 words
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Article22 2009-07-09 17 Evergreen Marine ...17.20 :irst Steamship 48.50 ManHai Lines 15.25 fang Ming Marine ..11.80 -0.60 unch -0.25 -0.25 6 5 1 1522 words
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Article35 2009-07-09 17 '000 :awasaki Hvylnd...239.00 -12.00 ***** :awasaki Kisen 362.00 unch ***** /litsubishi Hvy 361.00 -16.00 ***** /litsui Eng&Sbldg ..212.00 -8.00 5757 /litsuiOsk Lines ....555.00 3.00 ***** lippon Express 400.00 -7.00 3557 lipponYusen 394.00 4.00 *****35 words
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238 2009-07-09 17 -AFP [ANKARA] Pirates yesterday seized a Turkish cargo ship and its all-Turkish crew of 23 off the coast of Somalia, the Anatolia news agency reported, quoting the ship's owner. The bulk carrier Horizon 1 was sailing from Saudi Arabia to Jordan with 33,000 cubic-AFP - 238 words
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Page 17 Advertisements
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Advertisement133 2009-07-09 17 VCS-Trinity Consultants J BUSINESS EXCELLENCE WORKSHOPS 15 July 2009 9am to spm HjMijUMjAimjjfl Orchard Hotel, 442 Orchard Road $450 per participant For trade financiers, commodity traders and professionals in related shipping, transport logistics industries Speaker MrVCSVarian He has over 40 years of experience in supply chain management logistics, international trade/finance/contracts133 words
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EDITORIAL & OPINION
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489 2009-07-09 18 FINALLY, the complaints, charges and allegations of mis-selling of Lehman-linked products by 10 financial institutions here are down in black and white in a voluminous official investigation report. The details of the lapses and what can plainly be described as professional negligence in each489 words
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Article, Illustration997 2009-07-09 18 ANTHONY ROWLEY - ANTHONY ROWLEY It may be needed for a fundamental reconstruction of the global economic system THERE are three basic types of earthquakes: those that shake doors and rattle windows, those that cause a few buildings to lean or fall over, and those that destroy justAP - 997 words
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Article, Illustration785 2009-07-09 18 THE BOTTOM LINE WHAT in the world are Indonesians thinking? It's hard not to wonder when the nation's consumer confidence index in June rose to its highest in more than four years. Indonesia's 248 million people haven't lost their minds. They are responding785 words
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Article, Illustration962 2009-07-09 19 PURANDAR RAO - PURANDAR RAO Traditional approaches are increasingly not feasible given the changing market dynamics By I THERE have been many casualties over the past year, in particular, investor confidence in economic and financial forecasts underpinning company valuations. While an economic downturn was not entirely unexpected,FILE PHOTO - 962 words
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Article, Illustration814 2009-07-09 19 IT seemed inevitable that the dispute over gas supply and pricing between the two Ambani brothers, Mukesh and Anil, would be dragged to the highest court in the country. The stakes are too high, the animosity runs too deep between two of814 words
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723 2009-07-09 19 DAVID S HILZENRATH - DAVID S HILZENRATH LATWP By [WASHINGTON] A new treaty touted as helping US law enforcement crack Swiss bank secrecy may do little to help authorities achieve a prime objective: exposing tax evaders. The US government has been fighting a legal battle to obtainLATWP - 723 words
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SINGAPOE STOCKS
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Article8257 2009-07-09 20 Transaction date: Jul 8 Hi* Low Code Com[ >an] Sale ('000) Hii Low Bu] fer Seller C'vr P/E $mil 9 3 3148 STelecom 9 2.5 5834 A-Sonic 24 12 5000 ABR Hldgs 14 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 70 26.5 55508,257 words
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Article1576 2009-07-09 21 High Low Code Company Sale C000) High Low Buyer Seller Cvr P/E $mil 19 5 1181 s AAGrp 26.5 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 26.5 8.5 3518 s Afor 12.5 2 1524 t Alantac 16 3.5 7814 t1,576 words
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Article363 2009-07-09 21 _Hm Low Code Comi Sale C000) _Hm _Buj Seller C'vr P/E Smil 109 100 6389 ABF SG Bond ETF 877 427 CIMBAsean40 100US$ 246 149 DBS STI ETF 100 2786 1682 DBXT FTChina25 10US$ 5268 3228 DBXT FTVietnam 10US$ 1388 850 DBXT MSTaiwan 10US$ ***** 5220 DBXT Nifty363 words
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Article254 2009-07-09 21 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum254 words
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Article9266 2009-07-09 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.814/ AIGIF S'pore Bond Fund/ A 1.276/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.95/ APS Alpha Fund (USD)!** 0.65/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5208/ APS Komaba9,266 words
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Page 20 Advertisements
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Advertisement18 2009-07-09 20 AUDEMARSPIGUET balance of forces Le maitre de I'horlogerie depuis 1875 n_7^-_--i For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com18 words
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FINANCE & COMMODITIES
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360 2009-07-09 22 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 7 World Index Preliminan 678.4 -0.8 0.1 -0.7 2.7 -0.7 1.5 EAFE Preliminai 651.1 -0.5 0.3 -0.3 4.0 -0.3 2.8 Euro[ Preliminan 887.4 -0.5 -2.7 -0.2 2.4 -0.2 1.2 Pacific 573.8360 words
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Article128 2009-07-09 22 As at 9am Jul 8 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.1390 1.1750 .an dollar 1.2450 1.2600 luro 2.0180 2.0440 IZ dollar 0.9090 0.9300 iterlini 2.3340 2.3640 JS dollar 1.4540 1.4700 .ocal dollars to 100 units if foreign currency:128 words
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Article173 2009-07-09 22 JuSS *L Offer Bid Overnight 1/8 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.08 US$ Offer 1/16 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.35 0.41 0.70 0.80 1.15 1.70 1.80 Offer 0.25 0.31 0173 words
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Article18 2009-07-09 22 JuSS ten Jii Sett >TI ilMSCI Jul 273.9 274.3 271.8 'aiwan Jul 238.5 240.4 238.218 words
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Article21 2009-07-09 22 Jul 8 Bid Offer 1-month 1.4600 1.4615 2-months 1.4601 1.4616 3-months 1.4601 1.4616 6-months 1.4601 1.4618 Source: OCBC21 words
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Article63 2009-07-09 22 Jul 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Jul 09 2017 2010 2017 2010 16 194 AugO9 1999 2005 2010 1985 1529 ***** SepO9 2010 2002 2014 1983 9790 ***** Oct09 2003 2001 2011 1985 223363 words
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Article294 2009-07-09 22 JuSS OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO9 DecO9 Mar10 Jun10 99.4300 99.2150 99.0200 98.7400 9469 5876 4237 3445 EUROYEN TIBOR FUTURES SepO9 99.515 99.515 DecO9 99.540 99.540 Mar10 99.540 99.540 Jun10 Sep10 DedO Mar11 Jun11 99.510 99.540 99.540 99.515 99.525 99.540 99.520 99.465 99.420294 words
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Article174 2009-07-09 22 Jul 8 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Aug 09 166.0 Sep 09 Oct 09 NOV09 Dec 09 161.5 Jan 10 166.0 161.5 166.0 164.0 162.5 162.3 162.3 163.0 10 20 20 40 564 683 1026 976174 words
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Article463 2009-07-09 22 Jul 8 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.915 5.363 0.565 6.082 38.331 80.045 0.739 10.024 2.796 1.254 64.114 37.856 1.146 6.384 0.856 25.928 26.772 0.488 0.785 Canada 1.093 5.864 0.618 6.650 41.909463 words
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Article88 2009-07-09 22 JuSS Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****Z 08.10.09 1-Year BY*****W 03.05.10 0.23 0.35 0.19 0.19 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*****X88 words
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Article76 2009-07-09 22 Jul 8 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 1.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) 0.***** 0.***** 0.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid76 words
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Article136 2009-07-09 22 Jul 8 /oz) Hong Kong London 925.30 919.90 926.30 920.90 Jul 06 Jul 07 922.60 923.70 923.60 924.70 Source: Thomson Reuters CAST BAR (S$) JulO8 Buying Sellini Kilobar "46,671.26" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS Kinebar™136 words
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Article97 2009-07-09 22 Jul 7 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 09 1133.50 1200.00 1206.00 1118.25 Aug 09 1053.50 1118.50 1128.00 1048.50 SepO9 958.00 1022.50 1033.25 952.50 Nov09 895.00 963.00 974.75 893.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 09 32.90 34.29 34.42 32.50 AugO9 33.0897 words
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Article76 2009-07-09 22 CRUDE OIL PRODUCTS Jul7 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 62.86 -1.03 WTI (Near Mth) 62.53 -1.80 Dubai (1-Mth F) 64.32 0.20 Tapis blend 69.30 0.35 Minas 65.90 0.35 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 63.10 70.70 -0.07 0.50 US$/barrel Opec Oil Basket76 words
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Article156 2009-07-09 22 JuSS Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.1454 1.1470 0.7846 0.7849 Canadian dollar 1.2523 1.2541 0.8578 0.8582 Euro 2.0269 2.0293 1.3884 1.3887 NZ dollar 0.9135 0.9146 0.6257 0.6259 Sterling ind 2.3469 2.3495 1.6076 1.607! US156 words
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Article69 2009-07-09 22 Jul7\ minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 1589.30 1587.50 3 months 1618.00 1617.00 Copper, Grade A (US$/tonne) Cash 3 months 4866.75 4880.00 4955.25 4970.00 Lead (US$/tonne) Cash 3 months 1636.00 1660.00 1662.25 1684.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article72 2009-07-09 22 Jul7 COCOA (Btonne) Close Prev Hii ih/Low Jul 09 1580 1576 1612/1577 SepO9 1609 1605 1640/1604 Dec 09 1619 1615 1647/1615 Mar 10 1618 1612 1638/1612 COFFEE (US$/tonne) Close Pev High/Low Jul 09 1334 1331 1328/1321 SepO9 1352 1345 1354/1328 Nov09 1373 1367 1375/1354 SUGAR (US tonne) White Close72 words
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2221 2009-07-09 22 BONDS, WARRANTS EXTENDED SETTLEMENT [el lode Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4 1 15 12 4.25 >036 Advance SCT Ltd W*****9 0.5 1 1844 9.00 13 Allgreen Prop.ES.0907 98 AscendasReit.ES. 0907 167 5092 Asia Environment2,221 words
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Page 23 Advertisements
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Advertisement3412 2009-07-09 23 m The Business Times Shipping Times M jTHjlifllHjJ ittrtllß Mf WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M W £^7^l W M.-LE BS.WtILI^mJuBDLI V\m\ lAf A M UAI I IMFC TEL *****588 (KLINES) FAX:*****163 M» t^ y|l| t l^^^r^^^^B pMBBMBBBBBBBMBIBW I \\^kjJPß I WAN HAI INtj PKL TEL: (03> *****58S3,412 words
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Page 24 Advertisements
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Advertisement4520 2009-07-09 24 ■PkS SH9 111 t EASTERN CAR LINER, LTD I i^^nn*iiß tSM If——— 1 SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS P^^M MJUMmjlllliiiM llESlEgffli^^^^M' VOY I Romp(KT) I LilliwlKT) I SIN I PKL I )KT I KUC IKK I SURA I VOY EIA EID D'llHi PCL/PHL SERVICE AMX SERVICE Connecting4,520 words
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BizIT
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Article, Illustration570 2009-07-09 25 Besides a strong business pipeline, they expect a windfall from the slew of IT tenders that will be called by Singapore's two integrated resorts, reports WINSTON CHAI ITH the batU tered economy showing modest signs of recovery, job prospects are startingThe Hudson Report, Singapore Q3 2009 - 570 words
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Article, Illustration373 2009-07-09 25 -NYT [SAN FRANCISCO] In a direct challenge to Microsoft, Google announced late on Tuesday that it is developing an operating system for PCs based on its Chrome Web browser. The move sharpens the already intense competition between Google and Microsoft, whose-NYT; REUTERS - 373 words
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464 2009-07-09 25 NYT [SAN FRANCISCO] What took Google so long? Like many software products, Google's Gmail service was first released with a "beta" label on it meaning that while it was polished enough for public use, it was still in a testing phase, so any glitches wereNYT - 464 words
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241 2009-07-09 25 Xinhua [SAN FRANCISCO] Worldwide spending on information technology (IT) is on pace to decline 6 per cent in 2009, market research firm Gartner predicted on Tuesday. Gartner said it now expects global IT spending to fall to US$3.2 trillion this yearXinhua - 241 words
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Article, Illustration862 2009-07-09 25 KENNETH JAMES - KENNETH JAMES <we say> The proliferation of cloud computing obviates the need for 'rich client' operating systems By I WITH Microsoft set to deliver its Release to Manufacturing (RTM) version of Windows 7 this month the date being bandied about is July 13 this latest incarnation862 words
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Article234 2009-07-09 25 Reuters [TOKYO] NEC Corp, grappling with a steep drop in mobile phone sales in Japan, said on Monday that it could resume overseas sales of cellphones next year, three years after losses forced it to pull out of China and Europe. NEC, Japan'sReuters - 234 words
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Page 25 Advertisements
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Advertisement34 2009-07-09 25 Call 6-594 7594 for more info or to join our SME Security Awareness seminar Stone ForPSt IT Microsoft BjffiffiißM gggjga OIUI IC lUI COL I I GOLD CERTIFIED IsMl PUB www.StoneForestlT.com.sg Partner I lu^^^P34 words
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Page 26 Advertisements
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Advertisement377 2009-07-09 26 oil the official naming of r^\ We are pleased to have GO MARINE GROUP as our partner to market our group's vessels in the Australian offshore sector. The venture would facilitate our expansion into the Asia-Oceania region rich in oil and gas resources?^ MR LEE KOK WAH, Managing Director, OTTO377 words
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THE BUSINESS TIMES Property
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Article, Illustration226 2009-07-09 27 THE buzz has returned to the property market. Developers' home sales have recovered impressively since February. Private home prices have begun to pick up after hitting a low in the first quarter. The revival in home buying is being fuelled by pent-up demand, low interest rates andPHOTO: AFP - 226 words
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Article, Illustration1289 2009-07-09 28 FAY HUEY YING - FAY HUEY YING The factors driving the rebound in private home sales are mostly short term but current exuberance could continue By! AFTER being dormant for 17 months, the private residential market sprang to life in February. That month saw a burst of buyingColliers International Singapore Research/URA; Colliers International Singapore Research - 1,289 words
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Article, Illustration1428 2009-07-09 30 JACQUELINE WONG; DESMOND SIM - Residential leasing the laws of demand and supply JACQUELINE WONG DESMOND SIM By and RENTS of private residential property have been correcting since August last year, in line with the weak economy. While the traditionally busy period in April saw a surprise 2 per cent spike in rental values, theURA/Jones Lang LaSalle Research - 1,428 words
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Article, Illustration1275 2009-07-09 32 STEVEN MING - STEVEN MING Evidence has shown that the longer the investment horizon, the greater the likelihood of making a profit, and higher profits at that By: REAL estate is among the world's safest investments in that it cannot be lost, stolen or carried away. If managed1,275 words
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Article, Illustration1129 2009-07-09 34 DENNIS NG - DENNIS NG Can't tell your Sibors from your SORs? Get a quick primer here By SENTIMENT seems to have made a 180-degree turn in the property market in recent months with buyers coming out in force as the economic outlook stabilises. Sellers have been knownSTOCK.XCHNG - 1,129 words
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Article, Illustration1156 2009-07-09 35 PAULINE NG - PAULINE NG Many property consultants believe branded developments or designer buildings are what discerning investors increasingly desire By in Kuala Lumpur ALWAYS a favourite, landed real estate is receiving more interest in the current property lull. According to property agents, there has been a slightUEM LAND - 1,156 words
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Article, Illustration1154 2009-07-09 36 MARTIN PEPPER - MARTIN PEPPER However current asking prices are still above palatable levels; market expected to bottom out in about a year at best By AUSTRALIA'S currently under-sup-plied housing market will see increasing demand in the coming 12 to 24 months, which is likely to resultDTZ Research, ABS; FILE PHOTO - 1,154 words
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Article, Illustration1223 2009-07-09 37 MARY SAI - MARY SAI They have traditionally been good investment properties as they are very lettable and are suitable for both business and residential use By IF YOU'RE looking for a property investment that could allow you to own a bit of Singapore's history and offer attractiveURA REALIS, Knight Frank Research June 2009 - 1,223 words
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Article, Illustration1127 2009-07-09 38 MORAY ARMSTRONG - MORAY ARMSTRONG By THERE is a tendency in the office market to look to the extremes as representative of the market norm. Nowhere is this more apparent than in Singapore, which seems to "enjoy" particularly volatile market cycles. Landlords naturally focus on purported record-bustingURA, CBRE Ressearch - 1,127 words
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Advertisement274 2009-07-09 27 NASSIMPARK RESIDENCES AM AC rrTH I"RPI"Frr^"FT n^e c^ rt Nass' m' Singapore's most desirable neighbourhood, comes !Vl/\k3 IXj XIX I_Lj Vj _Lj the unveiling of Singapore's most coveted freehold address. A unique by Chan Soo Khian, Christian Liaigre, Shunmyo Masuno collaboration between three internationally acclaimed creative minds. Chan Soo Khian274 words
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Page 27 Miscellaneous
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Miscellaneous64 2009-07-09 27 Housing recovery for real? Malaysia and Australia page 28 property PAGES 35 36 Residential leasing market Shophouses give the best PAGE 30 Of tWO worlds PAGE 37 Tips for property investing Making sense of home loans PAGE 32 PAGE 34 Supplement editor: Kalpana Rashiwala Copy editor: Elaine Koh Sub-editor: Lee64 words
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Advertisement10 2009-07-09 28 t l^^^u I^H api T, .I [j~^g?j n nil iN^I10 words
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Advertisement22 2009-07-09 29 -^^^^^^^S 11 lII* I E3 ammawgljl giaKWiH EB Bra rag IBM sa R^fl B i I I Illy I y^lljljLji P£^ JW22 words
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Advertisement364 2009-07-09 30 <41/p KaSsal ir^^T^L_='l off ot. Ktlda Road The International Mortgage Service makes owning a property Pff^iitt^TTr^MLWiTvifr^J I .^^V \2^ abroad a reality. So if you're looking for a holiday home in the sun K4^>U| uvijmjj^j^|Uj^j H 'A^yJTMK y^^^rwi S|; <Hi\ or an investment opportunity our award winning service can help.364 words
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Advertisement437 2009-07-09 31 ADVERTISEMENT Debut of Singapore's Premier 6-Star Living Brought to you by NOVELTY GROUP WHITE HOUSE RESIDENCES, a prestigious 6-star luxury residence in the prime enclave of Stevens Road with only 12 over-the-top apartments on a sprawling land area of around 46,000 sq ft. So exclusive is the residence that even437 words
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Advertisement159 2009-07-09 32 fit il il i L Lo" O C.Lc~c i r^— 1 S"ss ?S M II jiit i\ f s* Pli' t I k H^^ |:!'^H**:sl US tl J l''B i• 1 I 2-& 3-bedroom luxury apartments magnificent penthouses hydepahk yw^ i-*"^ Y***^^!__ STJAMES'S Prime location near Belgravia, St. James's Westminster159 words
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Advertisement41 2009-07-09 32 Save on your Housing Loan!!! Free Housing Loan advice even Mr KIdSU talks about! /^^^t^~^Jt\ am U PtO 2* Penalty Subsidy/Cash Rebate irRMS Refinance up to 2X of Valuation V^MV Cash out on your Private Property J TjA fc ACT NOW!41 words
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Advertisement215 2009-07-09 33 Mitsubishi Electric^ V Air-Conditioner A. MITSUBISHI ELECTRIC 7 v 1\ W vvv >r V I ENERGY EFFICIENCY RATING B \J A Cooling Capacity: 9.01 kW MITSUBISHI ELECTRIC *\\M m\ Split type (inverter) air-conditioner MXY^A3BVA B VV B Tested in accordance with JIS C 9612 fc I Bt^^. Actual energy consumption215 words
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Advertisement90 2009-07-09 34 Prestigious Addresses Drivilegec Lifestyles Savills Prestige Homes presents a collection of unique and luxurious homes, each designed to let you enjoy the epitome of affluent living. I I 7&^^fl^^K r- I __-^^^H BMQWT^ >i SKi&ifllttk- >y: jisfcft^^S'-cja^ 1^""^ h-jt% '&!&£&%'^&!F?Jjjj Hk4r i>*-'k '".hß*.-. ills has more than 200 offices and90 words
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Advertisement344 2009-07-09 35 |<3H|«SH 'to- V o 11 o ii o ii o ii o ii o ii o o to to. to. n. to s to to. to o 11 o 11 o 11 o 11 o 11 o ii o ii o ii o ii o ii o ii o 'to.344 words
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Advertisement255 2009-07-09 36 C^D HlQ^r"lA\r\U tLLIo ROBERT BOSCH (SEA) BUILDING I P i -^^^1 '—C J' r- "I ll V f" i. -!---j|~] II U "y^^^^Tl"* "1 p^Pl^ n I^BHB^l^^^"^?- "i 1" I' ■T I i!j] I" "'""1 ~^TjT r^'-t" ~"^^^J-^^ T-. J |J^^7| I^^^^^ .^a^rf^^^^^^^ _^^^^rinV?SLjhrJ Office Space For Lease 11, Bishan255 words
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Advertisement151 2009-07-09 36 «am *iii *M H_ Iwr^f En r I B^^^K^j Seeking An Exceptional Partner Engel Volkers, with over 340 offices in 25 countries, is one of the world's leading licensors for agents specialized in the marketing of prestigious international properties. We are now seeking a highly motivated Partner for Singapore. An151 words
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Advertisement103 2009-07-09 37 gpßji, I City Plaza #01-67/741 Prime corner ground floor shop I Double glass frontage Enquiries: 9828 0866 9387 9668 I Company Reg No. *****47 MD ■ui'iiirrirrVrnf^^^^^l savills I Corporate Building 100 Pasir Panjang 4-storey with ample basement parking Approx 14,000 120,000 sq ft Suitable for IT related offices, media, storage103 words
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Advertisement132 2009-07-09 37 4-STOREY LIGHT INDUSTRIAL BUILDING For Sale Land Area ***** sq ft (approx.) GFA 84,000 sq ft (approx.) Tenure Freehold Zoning Business 1 Millar N<^s i<^ """■■> ■MttMJnMaM I 1 PayaLebar EunosMF*r_©_/ LI ss -----^;^^l^---7 I 18unitsof3-storeyshophouses —i|nss SfcT^ Total land area 35,4005f; Squarish plot; Freehold 9 units face Joo Chiat132 words
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Advertisement1785 2009-07-09 38 i M fl L I broughttoiraubySFHNewMectoPteLtd B M 1 1 M M 3^ nj|j|l!i!n rVIH HOW TO ZAP: Download sofbvare by SMS-ing the word "zap" to ***** (post-paid) Pfiff SBSBIBBIT VfVMi or 9741-9401 (pre-paid). Zap the colour code found in the Savillsadverasemetrt. ~^^^B9P l!fffrfNKu^ GPRS data traffic charges and terms1,785 words
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