The Business Times, 15 July 2009

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Total Pages: 28
1 28 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Wednesday, July 15,2009
    20 words
  • 745 1  -  VIKRAM KHANNA COMMENTARY By EVEN for a high-beta economy like Singapore, 20.4 per cent is an eye-popping number for quarter-on-quarter GDP growth -which is what we look to, for early signs of an economic turnaround. So when the Ministry of Trade and Industry (MTI) yesterday revealed that
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  • 678 1  -  ANNATEO GDP contraction may be just 4-6% for the year after Q2 turnaround, but outlook is subdued By [SINGAPORE] The first positive GDP numbers in five quarters are in, and the full-year contraction will now likely be less severe than earlier
    Source: MTI  -  678 words
  • MARKETS DIGEST
    • 49 1 uesi lay lange KL COMP 1,079.63 +15.97 NIKKEI 225 9,261.81 +211.48 HANG SENG 17,885.73 +631.10 SET INDEX 577.75 +15.20 JAKARTA COMP 2,056.57 +36.44 MANILA COMP 2,492.30 +8.91 SEOUL COMP 1,385.56 +7.44 SHENZHENB 515.10 +7.58 MUMBAI IND 13,853.70 +453.38 12 noon EDT Cham DOW 8,352.76 +21.08 NASDAQ 1,798.14 +4.93
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    • 30 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.825 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
    • 49 1 uss SS US$ (S$ per US$) 1.459 (US$/S$ ier 1.630 2.377 EURO (US$/S$/E) 1.399 2.041 Foreign currency per US$ S$ YEN 93.10 63.80 RM 3.588 2.459 HK$ 7.750 5.313 BAHT 34.14 23.40 RUPIAH 10,205 6,996 RENMINBI 6.834 4.685 INDIAN RUPEE 48.86 33.49 A$ 1.270 0.871 NZ$ 1.578 1.082
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 45 1 EXEC MONEY STARHUB, M 1 fi |f^ OPINION CORPORATE RESULTS Inflation-protected Leadership Improving the auction Goldman Sachs posts funds holding up merry-go-round IBjp* market for COEs strong Q2 earnings BACK PAGE PAGE 2 w k "M PAGE 20 PAGE 2 wL." wi j H .'^^JM^Si^teAiffffwK
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    • 10 1 En bloc sale Enter the <J^ Dragon Mansion f* vSjf
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 60 2 THE first set of positive GDP numbers in five quarters are in, and the full-year contraction will now likely be less severe than earlier thought. Flash estimates based on just April and May data have the economy growing 20.4 per cent
        60 words
      • 55 2 IN a move which surprised most industry watchers, Star Hub yesterday announced the retirement of chief executive Terry Clontz. To fill the upcoming void, Singapore second's largest operator is turning to the former helmsman of the country's smallest telco Mobile One Neil
        55 words
      • 52 2 GOLDMAN Sachs Group yesterday said its second-quarter profit easily surpassed expectations as profit was buoyed by strength in its trading and underwriting businesses. During the quarter ended June 26, the banking giant earned U552.72 billion, or U554.93 per share, after preferred stock dividends. TOP STORIES,
        52 words
      • 55 2 DRAGON Mansion on Spottiswoode Park Road has been put up for collective sale the first development to be launched for en bloc sale this year. The owners are hoping for $120 million for the freehold project, including a development charge of about
        55 words
      • 54 2 THE Singapore Exchange is scrapping its paid-research scheme and rolling out a new one, which will see most participating companies receiving research coverage without a rating. Instead of the seven participating research houses, there will only be two Standard Poor's and Dnß Nor Markets.
        54 words
      • 35 2 FAR East Organization has launched a scheme that allows budding entrepreneurs to pay for space in its malls with preference shares instead of regular rents. SINGAPORE NEWS, PAGE 8
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      • 49 2 THE US federal deficit has topped US$l trillion for the first time ever and could grow to nearly US$2 trillion by this autumn, intensifying fears about higher interest rates, inflation and the strength of the US dollar. ASIA-PAC/WORLD, PAGE 14
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      • 59 2 FACEBOOK netted a US$6.5 billion valuation for its common shares on Monday, further underscoring the fastgrowing Internet social networking site's high rank among industry heavyweights. Russia's Digital Sky Technologies said it will pay U5514.77 a share for Facebook common stock, boosting its stake to
        59 words
      • 41 2 THE airline industry is in the midst of one of its most wrenching summers ever. And the autumn and winter may be even worse unless people start to fly again. TRANSPORT HUB, PAGE 16
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      • 56 2 THE new Toyota Prius a fuel-sipping petrol-electric hybrid car has chalked up a phenomenal number of orders since its May 18 launch in Japan. Demand is so strong that if a customer books one in Japan today, he can expect delivery only next
        56 words
    • 521 2  -  WINSTON CHAI Neil Montefiore will take over the post from Terry Clontz who will be retiring By [SINGAPORE] The maxim "know thy self, know thy enemy" is taking on new meaning in Singapore's telecommunications battleground. In a move which surprised most
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    • 592 2 -AP Strong underwriting, trading businesses boost Q2 earnings [NEW YORK] Goldman Sachs Group Inc said yesterday that its second-quarter profit easily surpassed expectations as profit was buoyed by strength in its trading and underwriting businesses. Long considered one of the strongest banks in the
      -AP  -  592 words
    • 587 3  -  MICHELLE YEO Sentosa IR says it's pulling out all the stops for the event By [SINGAPORE] Child Aid, the charity concert that has brought smiles to many young faces over the years, promises to be doubly memorable this time round. The
      DESMOND FOO/THE STRAITS TIMES  -  587 words
    • 590 3  -  UMA SHANKARI Owners of 72-unit freehold property on Spottiswoode Park Road are hoping for $120 m By [SINGAPORE] Dragon Mansion on Spottiswoode Park Road has been put up for collective sale the first development to be launched for en bloc sale
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  • Page 2 Advertisements
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      747 words


  • COMPANY NEWS
    • 600 4  -  LYNETTE KHOO One modules comes without ratings; another will be based on sectors By THE Singapore Exchange (SGX) is replacing its existing companies research scheme with a new one aimed at better addressing the needs of listed companies and their investors. Instead of
      600 words
    • 292 4 CUT working capital and embark on scenario planning these are the two key tactics which Olam International has adopted to deal with the economic crisis, said its group managing director and CEO Sunny Verghese yesterday. Mr Verghese, who is also chairman of
      292 words
    • 433 4  -  JOYCE HOOI A High Court ruling enforcing judgment for 830 m yen claim against its CEO had no impact By TRANSCU Group's stock inched upwards by 2.2 per cent yesterday, despite news of the recent High Court ruling enforcing a judgment for an 830 million
      433 words
    • 325 4  -  WINSTON CHAI It will start selling software to SMEs and mobile users By SINGAPORE Telecom is going all out to get software developers to back its new online applications stores. In its latest effort to move beyond pure Internet and telecommunications services, Sing Tel
      325 words
    • 188 4 ADVANCED Holdings has won three contracts worth a total of about $17 million, including two from China's largest oil and gas producer, Petrochina. Under the China contracts, Advanced will supply process equipment to two multi-billion petrochemical plants in Sichuan and Liaoning provinces. The projects
      188 words
    • 216 4 THE auditor of TT International has disclaimed its opinion on the group's financial statements for the year ended March 31 and made major adjustments, which resulted in a wider full-year loss. After major adjustments to its audited FYOB results, TT International's net
      216 words
    • 527 5  -  JAMIE LEE Minority owner says it's not; independent directors say core business to stay By The minority shareholder who spearheaded a bid to block the proposed delisting of CX Tang said yesterday that, following the proposal, he had mopped up more shares and tried
      FILE PHOTO  -  527 words
    • 456 5  -  YEN SREENIVASAN It will maintain the airline's 8737 craft over 10 years By ST Aerospace has clinched a US$45 million component maintenance deal with Korea's Jeju Air, starting next month. The maintenance-by-the-hour (MBH) deal will support Jeju Air's Boeing 737 next-generation aircraft
      456 words
    • 469 7  -  KALPANA RASHIWALA Cold Storage will operate gourmet supermarket at $1.3 billion mall By JAPANESE retailer Isetan is expected to open a department store of about 54,000 square feet at nex mall in Serangoon, which is scheduled for completion late next year.
      GOLD RIDGE  -  469 words
    • 277 7  -  BRITTANY KHOO By SINO-Singapore Tianjin Eco-City Investment and Development (SSTEC) inked a memorandum of understanding with Mitsui Fudosan, Japan's largest developer, to build a 40-ha eco-neighbourhood in the Tianjin Eco-City. This brings the landmark bilateral project between China and Singapore to new heights,
      277 words
    • 668 7  -  CHEW XIANG KEPPEL Land s proposed delistmg oi Evergro Properties, its China unit, is great news for Evergro's shareholders. On Sunday, they were offered 29 cents a share, a 16 per cent premium over Evergro's traded price of 25 cents last Friday.
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    • 357 7  -  EMILYN YAP By AT LEAST four more companies have issued profit warnings, with the economic downturn cited as a common factor. The four which sounded the alarm on their half-year results were China-based companies. Three of them expect to incur losses while one foresees
      357 words
  • Page 4 Advertisements
    • 1357 4 V#^L kt/A^TT/nr r> To"free: 180°-289-8822 V IVIII I L W Email: notices@sph.com.sg J_ V^^/ J_ _L^_> 'kj www.cats.com.sg NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Infinio Group Limited will be held at Bayview Hotel, 2nd Floor (Ruby Room) 30 Bencoolen Street Singapore
      1,357 words

  • Page 5 Advertisements
    • 80 5 PRIORITY PREVIEW BY APPOINTMENT ONLY Dl 5 NEW PROJECT LAUNCHING SOON! 55 Exclusive Freehold Units with Private Lift Sizes from 1,700 sq ft to y I 4,100 sq ft !9,| ■'/At |S- 2 Parking Lots for Each Unit IIL All Units with Wet Dry I VC't fife Kitahen J?; Fitted
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  • SINGAPORE MARKETS
    • 582 6  -  CONRAD TAN STOCKS Official GDP estimates fuel optimism among investors that the worst may be over for Singapore's economy STOCKS here and elsewhere in Asia rebounded sharply yesterday after Monday's losses, boosted by renewed hopes of a recovery in the region's major economies. The Straits
      Bloomberg  -  582 words
    • 90 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 8 3 3 0 0 0 8 3 3 lanufacturing 78 24 51 84 26 60 Commerce 24 20 26 10 24 'pt/Stor/Comms 27 28 :inance 22 22 Construction 10 10 12 'roi lerties 31 31
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    • 115 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 12,125 12,125 38,802 38,802 lanufacturing 184,184 13,648 197,832 128,962 682 129,644 lommerce 59,196 11,488 70,684 73,712 4,145 77,857 'pt/Stor/Comms 80,076 166 80,242 130,180 130,189 :i nance 26,165 26,165 201,026 201,026 lonstruction 29,200 1,059 30,259 8,090 19 8,108 'roperties 84,468
      115 words
    • 101 6 lapitaLand 3.390 +0.080 lapitaMall 1.410 +0.040 jtyDev 8.220 +0.220 lomfortDelGrc 1.340 +0.020 losco Corp 1.140 +0.040 IBS Grp 11.740 +0.320 :&N 3.680 +0.060 ienting SP 0.690 +0.010 iolden Agri 0.295 +0.005 IK Land 3.380 +0.100 IMH 26.400 -0.140 ISH 14.860 +0.060 lardineC&C 19.400 +0.720 Ceppel Corp
      101 words
    • 269 6  -  LYNETTE KHOO Wilmar International July 14 close: $5.30 DBS VICKERS SECURITIES, July 14 RAISING volume growth and M&P margins: We revised Wilmar's earnings model to reflect the group's capacity expansion that will maintain its leading market position beyond 2010. We also raised our merchandising and processing (M&P) margin
      269 words
    • 451 6 Reuters CURRENCIES [NEW YORK] The US dollar dipped against the yen but edged up against the euro yesterday as US retail sales and producer price data beat expectations but anxiety about US corporate earnings kept investors cautious. A 33 per cent rise in
      Reuters; BLOOMBERG  -  451 words
    • 58 6 Jul 14 VALUE CLOSE IT OB/OS -364.00 +267.C IT CADI -*****.00+195. IT 10-day MA -*****.00 -36.0' TSE ST Mid Cap 505.61 +8.1 TSE ST Small Cap 407.81 +7.4: TSE ST All Share 559.92+10.3' TSE ST China Top 232.73 +4.4: TSE ST China 227.01 +4.4i TSE ST Catalist
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    • 56 6 VOLUME Golden Agri 114,913,000 Capita Land 22,736,000 Contel 17,344,000 Gentinq SP 15,705,000 Ezion 15,328,000 Noble Grp 14,986,000 OSIM 14,167,000 Sing Tel 14,012,000 Centillion 13,471,000 RafflesEdu 13,193,000 VALUE(S) DBS Grp 89,217,420 Capita Land 77,256,870 OCBC Bk 52,619,000 Sing Tel 44,296,431 Golden Agri 34,238,845 Yanlord 29,093,940 UOB 28,537,320 CityDev
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    • 101 6 BY CENTS CLOSE UP iBXT Ni 10US$ 8497 462.2 3.9 GLD 10US$ 9070 160.4 1.2 DBXT FTChina25 10US$ 2616 97.7 2.6 Jardine C&C 1940 72.0 3.9 China H 10US$ 1375 55.4 2. India Ni 10 1230 41.0 3.. UOB 1478 36.0 2.5 ISMSCI India 100 503 33.5 4.8 iBS
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    • 109 6 BY CENTS CLOSE DOWN 6990-284.3 -2.7 iBXT S&P Short 10US! LatinAmerica 1 574 -81.7 -8.! iBXT FTVietnam 10US! 4191 -56.9 -0.9 EasternEuroi 383 -39.4 -6.i IMH 2640 -20.4 -0.5 ilA.ES.0907 1300 -20.0 -1.5 ;GXRBePW*****8 16 -7.5 -31.9 ire Land 451 -7.0 -1.! ;TI 2000 DBeCW/*****3 62.5 -6.0 -8.8 ;TI
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    • 85 6 iere« S$ stands Jul 14 CHNG CLOSE FR Jul 13 YR2009 S$ LOW S$ HIGH ISS 1.4596 0.37 1.5579 1.4308 iuro 2.0402 0.26 2.0732 1.9150 'ounds 2.3809 -1.07 2.4051 2.0356 1.1499 -1.49 1.1816 0.9453 ren* 1.5668 1.39 1.7278 1.4831 lupiah* 0.***** 0.22 0.***** 0.***** !aht* 4.2741 0.28 4.3390 4.1040
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  • Page 7 Advertisements
    • 188 7 B PHOENIX HHHMHHHBABfIUB^A Make an affordable Australia V 1 I ->T- ffi. Canada _^^^T I^^ China VVyT Jkj s^«^ France Mr\ I A Germany I I Hong Kong I 1 If 7) Italy lafe J» I icy*\\ I J—J m Japan *J B^V^L V 1 V^./^ Malaysia New Zealand fli
      188 words

  • SINGAPORE NEWS
    • 387 8  -  UMA SHANKARI Tenants pay for space in its malls with preference shares, not rent By FAR East Organization has launched a scheme that allows budding entrepreneurs to pay for space in its malls with preference shares instead of regular rents. Under the Rental Space
      387 words
    • SINGAPORE ROUNDUP
      • 50 8 ASIA'S first professional course in technology transfer management was launched in Singapore yesterday. Started by Exploit Technologies in collaboration with the Singapore Workforce Development Agency and the Agency for Science, Technology and Research, the programme will impart proficiency in managing intellectual property and commercialising technology and research.
        50 words
      • 53 8 ACTING Minister for Information, Communications and the Arts Lvi Tuck Yew and representatives from over 130 Singapore companies are heading on a business mission to Guangzhou and Zhuhai to discuss potential areas of cooperation between Singapore and Guangdong province to support the economy's transformation into
        53 words
      • 40 8 SPH Magazines will unveil a new Nuyou from October. The revamped title will feature more women-centric issues, lifestyle reads and Asian celebrities. Meanwhile, Citta Bella, another Chinese magazine, will cease publication after its August issue.
        40 words
    • 201 8 A SURVEY by International SOS Singapore has found that multinational and local companies lack understanding and preparedness to counter the spread of HINI flu. Of 150 companies surveyed, only half said that pandemic preparedness is "critical" to their business continuity. And just 25 per
      201 words
    • 244 9 SPRING Singapore has launched a Human Resource Capability Programme to help small and medium-sized enterprises (SMEs) develop human resource (HR) management capabilities. Under the programme, SMEs can engage certified management consultants who will ascertain their HR needs and prepare proposals to improve their HR
      244 words
    • 407 9  -  RONNIE LIM It slips to 4,841 MW in June after crossing 5.500MW mark in mid-April YERY AFTER a strong uptrend in the second quarter, Singapore's electricity demand eased from mid-June onwards following a cooling in temperatures here and amid the latest signals, both from
      FILE PHOTO  -  407 words
    • 274 9  -  LEE U-WEN It was exposed last month for peddling fake degrees By THE Ministry of Education (MOE) has cancelled the registration of a private school here after it was exposed last month for peddling fake degrees from a top Australian university. The Brookes Business School in
      274 words
    • 225 9 NOMINATIONS open today for the inaugural Singapore Experience Awards to recognise organisations and organisations that provide a top visitor experience. There are 28 award categories spanning sectors such as retail, dining, entertainment, business travel and meetings, incentives, conventions and exhibitions. Previously, the Singapore Tourism
      STEPHANIE YEOW/THE STRAITS TIMES  -  225 words
  • Page 8 Advertisements
    • 1646 8 V#^L kt/A^TT/nr r> To"free: 180°-289-8822 W IVIII I L W Email: notices@sph.com.sg J_ V^^/ J_ _L^_> 'kj www.cats.com.sg ENZER CORPORATION LIMITED (Company Registration No. *****6945E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be
      1,646 words

  • Page 9 Advertisements
    • 427 9 In 2006, we started a brand new pathway to obtaining both graduate and professional qualifications at the same time. Some came to update their professional expertise, some came to expand their horizons, and some came with a desire to switch career. Today, we salute 36 graduates in the MPA Class
      427 words

  • ECONOMY WATCH
    • 671 10 -AP Although a recovery is going on, setbacks are likely, he says [RIYADH, Saudi Arabia] US Treasury Secretary Timothy Geithner said on Tuesday that his country had a "special responsibility" to help guide the world through its worst recession in decades, and
      -AP; AFP  -  671 words
    • 420 10 Reuters Plan will help borrowers delay or skip payments [NEW YORK] US President Barack Obama is mulling new ways to delay foreclosure for jobless homeowners who are unable to keep up with monthly payments, an administration official said on Monday.
      – Reuters  -  420 words
    • 321 10 -Reuters [TOKYO] Half of big Japanese firms want the Bank of Japan to extend its unconventional measures aimed at easing corporate funding strains when they expire in September, a Reuters survey showed yesterday. With the world's sec-ond-biggest economy still barely picking
      -Reuters  -  321 words
    • 347 10 -AP [STOCKHOLM] The European Union and South Korea are moving closer to a free trade agreement, but the 27-na-tion bloc is not yet ready to sign the deal because of potential questions from some EU members, Sweden's prime minister said on
      -AP  -  347 words
    • 300 10 Bloomberg [WELLINGTON] New Zealand's economy is likely to start recovering earlier than many of its trading partners, Reserve Bank governor Alan Bollard said. "Early signs of a global recovery have now emerged," he said in notes for a speech delivered yesterday
      Bloomberg  -  300 words
  • Page 10 Advertisements
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  • MALAYSIA
    • 546 11  -  PAULINE NG Analysts overweight on the sector, whose only dampener is shortage of workers By in Kuala Lumpur RISING hygiene standards made more urgent by the current swine flu crisis have made obviously rubber glove makers the winners, despite the current market pull-back. Most analysts
      REUTERS  -  546 words
    • 326 11 Reuters [KUALA LUMPUR] Malaysia's opposition held on for a narrow win in a state seat by-election in one of its strongholds yesterday as the country's new prime minister saw his approval ratings surge. The Pan Malaysian Islamic Party (PAS), one of three parties in the opposition
      – Reuters  -  326 words
  • Page 11 Advertisements
    • 3765 11 -L^l _I_ _I_^«^ I »J Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg s^ofw-J^SLn^^w Contel I tsMftt^^i Laserßesearch Pte Ltd -*****0053E Contel Corporation Limited CHINA HEALTHCARE LIMITED (In LiaUidatiOti) (Incorporated in Bermuda) (Incorporated in the Republic of Singapore Company Registration No. *****2500K) N^ n (inn,, 9 ir^»iu««in n NOTICE OF ANNUAL GENERAL
      3,765 words

  • GREATER CHINA
    • 512 12 Bloomberg [BEIJING] China's central bank can keep inflation in check without harming the economy by making clear it plans to rein in lending, said Xia Bin, the head of financial research at the State Council Development Research Center. "The People's Bank
      Bloomberg  -  512 words
    • 590 12 Bloomberg, AFP Beijing investigating Baosteel, Anshan, Laiwu and Jinan, say reports [SHANGHAI] China widened a probe into the alleged theft of state secrets by Rio Tinto Group's employees to four Chinese steelmakers including China's largest steel maker Baosteel Group Corp, Chinese newspapers
      – Bloomberg, AFP  -  590 words
    • 521 12 -AP [URUMQI, China] Police fatally shot two Uighur men and wounded a third in western China, where violence has persisted despite the massive numbers of troops sent to restore calm more than a week after deadly ethnic rioting. It was the first time the Chinese
      -AP; AFP  -  521 words
    • 218 12 -AFP [HONG KONG] Al-Qaeda has vowed to avenge the deaths of Muslim Uighurs in China's Urumqi city by targeting the country's workforce in north-west Africa, a newspaper said yesterday, citing an intelligence report. The call for reprisals against China came from Al-gerian-based Al-Qaeda in the
      -AFP  -  218 words
    • 391 12 AFP It will focus on the challenges, chances that both countries face [WASHINGTON] Top Chinese and US leaders have agreed to meet in late July in Washington for the first "strategic and economic dialogue" with the Obama administration. The new high-level discussions,
      AFP  -  391 words
  • Page 12 Advertisements
    • 1387 12 SUNLIGHT SUNLIGHT GROUP HLDG LTD (Registration No. *****6046G) (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of the Company will be held at 150 Übi Avenue 4, #06-00, Singapore *****5 on 30 July 2009, Thursday, at 11.00 a.m. to transact the following
      1,387 words

  • INDIA
    • 345 13 Reuters Robust economy is giving it a growing clout [L'AQUILA, Italy] India made its voice heard on global trade and climate change at a G-8 summit in Italy this month, in a sign of growing diplomatic heft that can help it push
      – Reuters  -  345 words
    • 173 13 Reuters [KOLKATA] New separatist protests by ethnic Nepalis in India's Darjeeling hills are hampering tourism and threatening to cut production of the area's eponymous tea by more than 20 per cent, industry officials said yesterday. The Gurkhas called an indefinite strike on Monday demanding their own
      – Reuters  -  173 words
    • 500 13 Bloomberg Return of rains since July has helped to narrow nation's seasonal rain deficit [MUMBAI] India's monsoon, the main source of irrigation for the nation's 235 million farmers, will intensify across most parts of the country, aiding sum-mer-sown crops of rice, oilseed, corn and cotton.
      – Bloomberg; AP  -  500 words
  • Page 13 Advertisements
    • 451 13 Dine and Unwind at Brunch ™l^ o LD^ Enjoy all-day breakfast, light meals and nibbles amidst an alfresco setting by the pool. On Fridays and Saturdays, experience P all-you-can-eat barbecue dinner complemented with unlimited wine, beer and soft drinks. aundays, lUam to 11pm All-You-Can-Eat Barbecue Dinner KVggL Children between 6to
      451 words

  • ASIA-PACIFIC/WORLD
    • 681 14 -AP Soaring deficit is making Chinese and other foreign buyers of US debt nervous [WASHINGTON] The federal deficit has topped US$l trillion for the first time ever and could grow to nearly US$2 trillion by this autumn, intensifying fears about higher interest
      -AP  -  681 words
    • 261 14 AFP [LONDON] Executives at US banking giant Goldman Sachs sold almost US$7OO million worth of stock after Lehman Brothers collapsed in September, the Financial Times reported yesterday. Most of the sales occurred when the firm enjoyed the support of US$lO billion in US
      AFP  -  261 words
    • 205 14 NYT [WASHINGTON] The oil giant Exxon Mobil, whose chief executive once mocked alternative energy by referring to ethanol as "moonshine", is about to venture into biofuels. Yesterday, Exxon announced an investment of US$6OO million in producing liquid transportation fuels from algae organisms in water that
      NYT  -  205 words
    • 581 14 Reuters [TOKYO] Japan's ruling bloc voted down a no-confi-dence motion against embattled Prime Minister Taro Aso yesterday, but chaos deepened within his party as fears grew of a historic defeat in a national election next month. A loss for Mr Aso's coalition in the
      – Reuters; AP  -  581 words
    • 351 14 Reuters [WASHINGTON] Steven Rattner will leave as head of the US autos task force, which oversaw bankruptcies at General Motors Corp and Chrysler Group, at a time when a probe into how the private equity firm he co-founded gained New York pension
      – Reuters; AP  -  351 words
    • 210 14 Reuters LATEST US DATA [WASHINGTON] A jump in auto and gasoline sales boosted US retailers in June, while a measure of inflation soared by twice as much as expected, bolstering hopes the economy was finally beginning a modest recovery. Commerce Department data yesterday showed sales
      – Reuters  -  210 words
    • 306 14 O Reuters [BRUSSELS] Belgian-based group RHJ International said it is in advanced talks to buy Opel while Qatar looked to be moving closer to a seven billion euro (5514.3 billion) bailout of Porsche, raising the stakes in battles for control of both
      O – Reuters  -  306 words
  • Page 14 Advertisements
    • 385 14 g^NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF PETROBASE INDUSTRIES PTE. LTD. (In Members* Voluntary Liquidation) (Company Registration No: *****7311R) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 6 Temasek Boulevard #09-05 Suntec Tower Four Singapore *****6 on
      385 words

  • WORLD
    • 526 15 Reuters Russia's Digital Sky Technologies says it will pay U5514.77 a share [SAN FRANCISCO] Facebook netted a US$6.5 billion valuation for its common shares on Monday, further underscoring the fastgrowing Internet social networking site's high rank among technology and media industry heavyweights. Russia's Digital
      Reuters  -  526 words
    • 413 15 Reuters INVESTMENT FRAUDS Parallels drawn with Bernard Madoff's scam [NEW YORK] Marc Dreier, a high-profile New York lawyer who admitted to a US$4OO million investment fund fraud that unravelled at the same time as Bernard Madoff's huge swindle, was sentenced to 20 years imprisonment
      – Reuters  -  413 words
    • 352 15 Reuters [HOUSTON] Former Stanford International Bank Ltd chief financial officer James Davis was granted US$5OO,OOO bail on Monday and plans to plead guilty to charges related to an alleged US$7 billion Ponzi scheme as early as next week, his lawyer said. Davis, who has
      – Reuters  -  352 words
    • 792 15 NYT [NEW YORK] The CIT Group is one of the nation's biggest lenders to small businesses. But a debate is swirling in Washington over whether it is large enough or important enough to save. Regulators and company executives on Monday grappled with whether the New
      NYT; REUTERS  -  792 words
    • 579 15 Reuters [ZURICH] A federal court judge in Miami approved a delay in a high-profile trial on Monday in which US tax authorities hoped to force ÜBS AG to reveal the identities of thousands of Americans suspected of using the Swiss bank
      – Reuters; AP  -  579 words
    • 201 15 Reuters [BOSTON] Microsoft Corp will release three versions of its dominant Office software that users can access over the Web, catching up with products that rival Google Inc launched three years ago. The news helped send shares in the world's largest software maker
      – Reuters  -  201 words

  • TransportHUB
    • 840 16 -AP Industry has been battered from all directions since last Sept's financial crisis [NEWYORK] The airline industry is in the midst of one of its most wrenching summers ever. And the autumn and winter may be even worse unless people start to
      -AP; BLOOMBERG  -  840 words
    • 609 16 Reuters [NEWARK/MIAMI] Don Hamm has a front-row seat on the US economy as president of the Port Newark Container Terminal near New York City and he sees just how lousy it is doing. His books report a 30 per cent drop
      – Reuters  -  609 words
    • 269 16 Xinhua [FUZHOU, China] The first combined passenger-cargo vessel heading directly to Taiwan from the Chinese mainland left on Monday morning. It was the first such sailing after the mainland and Taiwan started direct air and sea transport and postal services last December, when sailings
      – Xinhua; XINHUA  -  269 words
    • 224 16 Reuters [SINGAPORE] The Republic's port terminals handled 17 per cent fewer containers in June from a year ago but traffic was steady from May, data from the Maritime and Port Authority of Singapore showed. The numbers show trade at the world's busiest container port
      – Reuters  -  224 words
    • 292 16 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, lost the least in a nine-day slide, possibly signalling a rebound later this week. The index tracking transport costs on international trade routes dropped 10 points, or 0.3 per cent,
      – Bloomberg  -  292 words
    • TRANSPORT STOCKS
      • 113 16 '000 CH Offshore Chilian Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.46 0.26 1.14 0 50 1 23
        113 words
      • 38 16 '000 nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.91 8.55 8.50 3.06 unch unch 0.09 0.03 unch -0.05 0.02 unch unch 0.01 31 371 57' 14; I I 2231
        38 words
      • 12 16 '00 'recious Ship Regional Cont 15.10 9.50 0.40 0.20 3091 35!
        12 words
      • 5 16 '000 toil 31.85 1.05
        5 words
      • 22 16 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.50 15.75 unch unch 0.10 0.50 unch unch 52' 92i i i
        22 words
      • 20 16 Evergreen Marine ...17.60 :irst Steamship 45.90 /Van Hai Lines 14.85 fang Ming Marine...12.00 0.35 0.80 0.20 0.40 1 12
        20 words
      • 36 16 '000 :awasakiHvy Ind ..231.00 14.00 ***** :awasaki Kisen 342.00 9.00 4523 /litsubishi Hvy 350.00 7.00 ***** /litsui Eng&Sbldg...206.00 7.00 5066 /litsui Osk Lines 562.00 27.00 ***** Jippon Express 388.00 7.00 2978 lipponYusen 385.00 9.00 6835
        36 words
    • 801 17  -  DAVID HUGHES STRAIT TALK By JUST a few weeks ago, the shipping industry breathed a collective sigh of relief when the master and mate of the very large crude carrier (VLCC) Hebei Spirit were at last allowed to leave South Korea. They had been held there
      801 words
    • 620 17 Republic has many factors working in its favour OVER the past few years, the Maritime and Port Authority of Singapore (MPA) had partnered various educational institutions to establish new diploma and degree maritime courses, along with continuing education programmes for mid-career maritime
      FILE PHOTO  -  620 words
  • Page 16 Advertisements
    • 130 16 J^^^ VCS-Trinity Consultants BUSINESS EXCELLENCE WORKSHOPS 22 July 2009 9am to spm Hj^Uji|-j-ij^|jL|_ja Orchard Hotel, 442 Orchard Road $450 per participant ESgWPffO For traders, manufacturers professionals in shipping, transport logistics industries dealing with dangerous goods. Speaker MrVCSVardan He has over 40 years of experience in supply chain management logistics, and
      130 words

  • Page 17 Advertisements
    • 2709 17 V«^ I^Ti^V^T/nT^r Toll free: 1800-289-8822 v |\l II r^ Email: notices@sPflcom- s Q XA| Vfc>/ A I V i I i www.cats.com.sg THE v LEXICON THE LEXICON GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****7135Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the
      2,709 words

  • TRANSPORT HUB: AVIATION
    • 714 18 Decision not linked to plans to raise funds for purchase of aircraft says CEO [KUALA LUMPUR] Air Asia Bhd plans to defer taking delivery of eight Airbus A 320 aircraft for 2010 and may opt to do the same for another eight
      FILE PHOTO  -  714 words
    • 294 18 Reuters [LONDON] Britain loses around £1 billion (552.4 billion) every year it delays building a third runway at Heathrow airport, a report argued on Monday. The British Chamber of Commerce (BCC), a business lobby, said that capacity restraints at Heathrow, the world's busiest international airport, had
      – Reuters  -  294 words
    • 166 18 Reuters [NEW DELHI] India is considering injecting funds into ailing national carrier Air India by way of equity and debt as an initial public offering (IPO) is unlikely at present, Civil Aviation Minister Praful Patel said yesterday. State-owned National Aviation Co of
      – Reuters  -  166 words
    • 940 18 AIRLINE CODES: AA American Airlines (AAL)AF A-r-ance (AFR), AI Air India <^IC> "y (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh A nes (BBC), Bl Royal Brunei Airlines Sdn Bh;: =!BA), BO Bouraq Airlines (BOU), BR EVA Airways Corpn
      940 words
    • 288 18 Bloomberg [LONDON] The cost of protecting British Airways pic (BA) bonds against default fell after a newspaper said investors had backed plans to raise cash through a share sale. Chief executive officer Willie Walsh last month met shareholders to
      Bloomberg  -  288 words
    • 342 18 Bloomberg [LONDON] British Airways pic, Europe's third-largest airline, plans to sharpen its focus on business flyers as the recession saps travel demand, the carrier's US chief said. All-business-class flights between London's City Airport and New York start in September, and a promotion
      Bloomberg  -  342 words
  • Page 18 Miscellaneous
    • 363 18 CRYPTIC CROSSWORD ACROSS strange form of belief! Lm MM MM 9 There's nothing to gain, being 10 an alcoholic (4) IhbJ HHTi 10 Sergeant has problem with I H__^^J— foot, a trifling thing (10) 11 Woman at home must join 12 Food on a street in distant 816 countries (3,4)
      363 words

  • TRANSPORT HUB: LAND
    • 742 19  -  SAMUEL EE The launch of rival Honda's Insight hybrid contributed to the roaring success of the Prius By THE new Toyota Prius has chalked up a phenomenal number of orders since its May 18 launch in Japan and the world's top carmaker has
      742 words
    • 514 19  -  SAMUEL EE By STAR plans to use its brand new $24 million facility in Jalan Boon Lay to spearhead its expansion into the region's automotive repair market. Star is Singapore Technologies Kinetics' automotive repair and services division and is already present in
      514 words
  • Page 19 Advertisements
    • 44 19 ding v W^n the bulls and tc^fr the bears the f 1/ CV, J Senior Correspondent Teh Hooi Ling shows you how to put your money to work, in good times and bad. J j I THE BUSINESS TIMES S7,}/ A publication of Spjl
      44 words

  • EDITORIAL & OPINION
    • 447 20 LAST week, Finance Minister Tharman Shanmugaratnam chose to highlight that there is increasing concern about the distortive effects of "substantial short-term reflation". "The macroeconomic stimulus story worked well for a year but is both unsustainable and undesirable if continued year after year," he added. Instead, Mr
      447 words
    • 922 20  -  CHU SINGFAT A fundamental shortcoming with open bids is a market that emerges late in the auction By THE latest round of bidding for Certificates of Entitlement (COEs) started on July 6 at noon and ended on July 8 at 4pm. The Business Times
      922 words
    • 765 20  -  FRANK CHING THE BOTTOM LINE THE rioting in Xinjiang last week echoed violence in Tibet last year but, interestingly, the international reaction has been very different. Last year, Western countries put pressure on Beijing to hold a dialogue with representatives of the
      765 words
    • 1154 21  -  YOGI AGGARWAL And there's no reason why banks can't extend housing loans to slum dwellers for well-built replacement homes ONE of the distressing features of Indian cities is the widespread prevalence of slums in which people are forced to live because of poverty and the
      REUTERS  -  1,154 words
    • 1018 21  -  ROBERT SAWHNEY By THERE was a recent article in The Business Times about the challenges for distressed companies as the reason they are distressed is because they are cash strapped yet have to pay hefty hourly rates for turnaround and insolvency experts. This
      FILE PHOTO  -  1,018 words


  • SINGAPORE STOCKS
    • 2786 22 Transaction date: Jul 14 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E m_ 9 3 3148 STelecom 9 2.5 5834 A-Sonic 24 12 5000 ABR Hldgs 13 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 59.5 26.5 5550 ARA 8.5
      2,786 words
    • 1556 23 High Low Code Company Sale C000) High Low Buyer Seller Cvr P/E $mil 19 5 1181 s AAGrp 26.5 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 26.5 8.5 3518 s Afor 12.5 2 1524 t Alantac 16 3.5 7814 t
      1,556 words
    • 367 23 _Hm Low Code Comi Sale C000) _Hm _Buj Seller C'vr P/E Smil 110 100 6389 ABF SG Bond ETF 877 427 CIMBAsean40 100US$ 246 149 DBS STI ETF 100 2786 1682 DBXT FTChina25 10US$ 5268 3228 DBXT FTVietnam 10US$ 1388 850 DBXT MSTaiwan 10US$ ***** 5220 DBXT Nifty
      367 words
    • 4 23 asdffsdaf sdfsaf
      4 words
    • 11 23 UNIT TRUSTS FUNDS sdfsd fsdafsd fsdf sdfsd fsdaf asdfsdfsd fsda fsdaf
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  • Page 22 Advertisements


  • FINANCE & COMMODITIES
    • 360 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 13 World Index Preliminan 675.2 1.1 -0.4 1.0 2.8 1.0 1.1 EAFE Preliminai 642.0 0.6 -1.1 0.4 3.3 0.4 1.6 Euro[ Preliminan 890.5 2.0 -2.3 1.9 2.9 1.8 1.2 Pacific 547.6
      360 words
    • 129 24 As at 9am Jul 14 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.1340 1.1680 .an dollar 1.2610 1.2760 luro 2.0320 2.0550 IZ dollar 0.9180 0.9380 iterlini ind 2.3630 2.3890 JS dollar 1.4510 1.4670 .ocal dollars to 100 units if foreign
      129 words
    • 172 24 Jul 14 fer 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 9/16 BJd 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.35 0.41 0.70 0.80 1.15 1.70 1.80 Offer 0.25 0.31 0 40
      172 words
    • 16 24 Jul 14 STI IIMSCI Jul 272.1 279.4 278.8 "aiwan Jul 234.1 239.4 238.0
      16 words
    • 21 24 Jul 14 Bid Offer 1-month 1.4581 1.4594 2-months 1.4582 1.4596 3-months 1.4582 1.4596 6-months 1.4582 1.4598 Source: OCBC
      21 words
    • 64 24 Jul 14 ICE PALM FUTURES (RM/MT) lelivery Opening Sett Av lonth Range Price Price Hi Vol Open Done Position Low \ugO9 2040 2040 2080 2040 950 7223 iep 09 2023 2036 2078 2023 6771 ***** 3d 09 2003 2030 2073 2003 4217 ***** tovO9 2028 2030 2065 2028
      64 words
    • 286 24 Jull4 OPEN HIGH LOW SETT VOL OP/INT URODOLLAR FUTURES >epO9 DecO9 VlariO lun10 99.4050 99.1900 98.9950 98.7000 9322 6121 3487 3860 EUROYEN TIBOR FUTURES >epO9 99.500 99.500 DecO9 VlariO un10 >ep10 DedO Vlar11 un11 99.500 99.500 99.535 99.550 99.530 99.475 99.430 99.345 99.285 300 50 ***** 3312
      286 words
    • 178 24 Jul 14 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Aug 09 167.0 Sep 09 164.8 Oct 09 NOV09 Dec 09 Jan 10 167.0 164.7 167.0 166.0 163.5 163.5 164.0 164.2 129 60 564 663 1060 966 1285 306
      178 words
    • 89 24 Jul 14 Period Issue code Maturity Yesterday's Bid Day's |h Low Hi, 3-Month BQ*****S 15.10.09 1-Year BY*****W 03.05.10 0.23 0.35 0.17 0.17 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year
      89 words
    • 102 24 Jul 13 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 09 1091.50 1128.25 1140.00 1073.75 Aug 09 1018.50 1044.75 1054.75 1002.00 Sep 09 955.50 971.75 982.50 943.75 Nov09 911.50 917.00 928.50 892.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 09 33.27 32.70 33.20 32.47
      102 words
    • 77 24 CRUDE OIL PRODUCTS Jul 13 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 59.59 -0.14 WTI (Near Mth) 59.85 -0.03 Dubai (1-Mth F) 60.45 -0.27 Tapis blend 65.45 -0.45 Minas 61.90 -0.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 57.45 S7.01 -1.65 -1.24 US$/barrel Opec Oil
      77 words
    • 449 24 Jul 14 iuro 'en (on 'eso lam 'ouni Australia 0.905 5.381 0.563 6.103 38.471 80.359 0.733 10.188 2.825 1.243 64.965 37.963 1.149 6.433 0.853 26.052 26.880 0.483 0.787 Canada 1.104 5.944 0.622 6.741 42.490 88.755 0.810 11.252 3.120 1.372 71.752 41.929 1.269 7.105 0.942 28.774 29.688 0.534
      449 words
    • 41 24 Jul 14 dsfsdfsdfsdf 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) ...0.***** ...0.***** ...0.*****
      41 words
    • 153 24 Jul 14 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1477 1.1495 0.7872 0.7877 Canadian dollar 1.2678 1.2694 0.8696 0.8699 Euro 2.0400 2.0421 1.3992 1.3994 NZ dollar 0.9235 0.9252 0.6334 0.6340 Sterling 2.3760 2.3787 1.6296 1.6301 US dollar 1.4580 1.4593 S$IUS$
      153 words
    • 141 24 Jul 14 GOLD (USS/oz) Jul 13 Jul 14 Hong Kong London 909.80 920.60 910.80 921.60 Jul 10 Jul 13 911.10 909.90 911.90 910.70 Source: Thomson Reuters CAST BAR (S$) Jul 14 Buying Sellini Kilobar "46,462.61" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm
      141 words
    • 69 24 Jul 13 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1531.75 1543.60 3 months 1561.00 1572.00 Copper, Grade A (US$/tonne) Cash 3 months 4898.50 4895.00 4857.00 4858.00 Lead (US$/tonne) Cash 1530.50 3 months 1555.00 1572.50 1596.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 72 24 Jul 13 (£/tonne) Close Prev Hii ih/Low Jul 09 1694 1678 1702/1688 SepO9 1725 1709 1742/1714 Dec 09 1726 1711 1740/1715 Mar 10 1724 1710 1740/1715 COFFEE (US$/tonne) Close Pev High/Low Jul 09 1354 1350 1348/1348 SepO9 1365 1362 1366/1351 Nov09 1388 1384 1390/1375 SUGAR (US tonne) White Close
      72 words
    • 7 24 BONDS, WARRANTS EXTENDED SETTLEMENT fasdfsd fsdafsadf sdfsdafsdf
      7 words

  • Page 25 Advertisements
    • 2861 25 m The Business Times Shipping Times A WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M [nn A^g^^V E^^M mßnKn&GFlfflWnM V*Trr\ |jji| ■■>■■« TEL *****588 (14 LINES) FAX:*****163 i^L^^" 1» 1^ II M IllHjll^B BjBIWIjjBWBBIWBWjBB \\^^tt I WAN HAI INt J FKL TEL: <03| *****888 FAX: (03| *****283 PEN TEL: <04)
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  • Page 26 Advertisements
    • 3347 26 r**VHEB9EIII^S9IHI I linn eastern car liner, ltd If® sJH r//M I \jf—~—l I specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I H^^^^^PpcufHT-ERVI!^ SfjfS^^ VOY _RaalKH_ Ullinq<KT> m^ -Jgk_ _KUC XX _jj^_ <LM <i: :ipl|||li tmmHi <LL iiiir.herh < iid WE merh ihdwh icd poims [VESSEL
      3,347 words

  • EXECUTIVE MONEY
    • 1193 27 -NYT S&P's 500-stock index rose 15.2% in the quarter to June, erasing the deep losses of the first quarter [NEW YORK] Like a hurricane downgraded to a tropical storm or maybe a tsunami reclassified as a ripple in a pond, the distress that
      -NYT; FILE PHOTO  -  1,193 words
    • 1039 27 -NYT [NEW YORK] One of the more startling developments of recent months has been the near-vertical recovery of emerging stock markets. Despite the collapse of those markets late last year, investors' sentiment towards them has quickly switched from hate to love, with
      -NYT  -  1,039 words
    • 1055 28 They are fairly unique in that unlike nominal bonds, the principal value is adjusted upwards or downwards in line with inflation, reports GENEVIEVE CUA HOW big a threat is inflation? While the jury is still out on the magnitude of a global economic recovery, strategists
      R.acA; : Bloomberg  -  1,055 words
    • 1211 28  -  LEE BOON KENG An investor can decide on a reasonable portfolio given a more reasonable market environment AFTER the exuberance of the past two or three months, financial markets have become noticeably more cautious. In some markets oil, for example the drive to break resistance
      1,211 words
  • Page 27 Advertisements
    • 22 27 Call 6-222 6868 to find out more ACCOUntServe about the Account Serve advantage www.Accountserve.com.sg Routine Accounting SWAT Accounting GST Reporting XBRL Filing
      22 words

  • Page 28 Advertisements
    • 61 28 IG Markets (ACRA No. *****621 X) holds a capital markets services licence for dealing in securities, trading in futures contracts and leveraged foreign exchange. IG Markets is also licensed to trade commodity CFDs by International Enterprise Singapore. IG Markets does not operate a securities, futures or commodities market. A member
      61 words