The Business Times, 21 July 2009

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Total Pages: 28
1 28 The Business Times
  • 22 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sfil A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA(P) 197/08/2008 Tuesday, July 21,2009
    22 words
  • 686 1  -  CHEW XIANG By [SINGAPORE] Magnus Bocker is replacing Hsieh Fu Hua as chief executive officer of the Singapore Exchange (SGX), the company announced last night. Mr Bocker, 47, is president of Nasdaq OMX, the world's largest exchange company, which operates 22
    PHOTOS: THE BUSINESS TIMES, REUTERS  -  686 words
  • 604 1  -  > LEE U-WEN Minister rejects criticism that central bank wasn't tough enough on offenders By [SINGAPORE] The ten financial institutions (Fls) that have been banned from selling structured notes for periods of between six and 24 months will have to pay a
    604 words
  • MARKETS DIGEST
    • 44 1 lorn lay lange 1 COMP 1,139.25 +18.35 IIKKEI 225 IANG SENG 19,502.37 +696.71 SET INDEX 613.67 +17.56 JAKARTA COMP 2,106.35 -11.60 1ANILA COMP 2,587.91 +33.95 iEOULCOMP 1,478.51 +38.41 iHENZHEN B 535.06 +2.24 IUMBAI IND 15,191.01 +446.09 12 noon EDT Cham )OW 8,785.58 +41.64
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    • 29 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:
      Bloomberg  -  29 words
    • 42 1 IS$ (S$ per US$) 1.442 (USS/SS per 1.652 2.381 ;UR0 (USS/SS/E) 1.423 2.051 Foreign currency per US$ S$ 'EN 94.50 65.60 3.541 2.456 IK$ 7.750 5.375 !AHT 34.01 23.59 lUPIAH 10,155 7,043 lENMINBI 6.831 4.738 INDIAN RUPEE 48.32 33.51 1.232 0.854
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  • Page 1 Advertisements
    • 3 1 8 *****1 *****4
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    • 86 1 ballon bleu de Cartier > 46 MM FLYING TOURBILLON 9452 MC CALIBRE Rose gold case on alligator strap. Mechanical movement with manual winding, Cartier calibre 9452 MC (10 and 3/4 lines, 19 jewels, 21,600 vibrations per hour). Seconds indicated by the C-shaped tourbillon cage. Movement developed and assembled by the
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  • Page 1 Miscellaneous
    • 76 1 FLU OUTBREAK IEiIST l^T* 8 RETAIL PROPERTY f OBITUARY HINI accounts for majority HHOSI *g.gjj YIP toilets and more Frasers Centrepoint Angela's Ashes author of Spore flu cases v& I at lon Orchard outsells them all J dies, aged 78 RAGE 3 Si PAGE 9 PAGE 2 1 PAGE 16
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  • TOP STORIES
    • 833 2  -  KALPANA RASHIWALA With 1,423 private homes sold in Hl, it is far ahead of all other developers [SINGAPORE] Frasers Centrepoint sold a total of 1,423 private homes in the first six months of this year many more than any other developer, according to DTZ's analysis
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    • 520 2 Reuters The old will soon outnumber the young for first time [WASHINGTON] The world's population of older people is growing at the fastest rate ever seen and the old will soon outnumber the young for the first time, US researchers reported yesterday. An ageing
      ■ Reuters; YEN MENG JIIN  -  520 words
    • 412 2 Bloomberg LATEST US DATA [NEW YORK] The index of US leading indicators rose in June for a third consecutive month, reinforcing signs the economy may be emerging from the worst recession in five decades. The Conference Board's gauge of the economic outlook for
      – Bloomberg  -  412 words
    • THREE-MINUTE DIGEST
      • 49 2 THE ten financial institutions that have been banned from selling structured notes will have to pay a price that goes beyond mere financial implications. MAS deputy chairman Lim Hng Kiang rejected criticism that MAS did not take sufficient action. FRONT PAGE
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      • 54 2 MAGNUS Bocker is replacing Hsieh Fu Hua as chief executive officer of the Singapore Exchange, the company announced last night. Mr Bocker, 47, is president of Nasdaq OMX, the world's largest exchange company, which operates 22 markets and 10 clearing
        54 words
      • 60 2 FRASERS Centrepoint sold a total of 1,423 private homes in the first six months of this year many more than any other developer, according to DTZ's analysis of the latest official data. Frasers Centrepoint thus had a 19.3 per cent share of the total 7,374
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      • 56 2 THE US recession's grip on the economy appears to be easing but likely has not yet ended. The National Association for Business Economics' survey found demand is stabilising, but a small majority of the 102 respondents said their firms had not yet seen
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      • 38 2 AUSTRALAND, a subsidiary of Singapore's largest listed developer Capita Land, yesterday announced a A 5235 million revaluation loss following a full revaluation of its investment property portfolio. COMPANY NEWS, PAGE 4
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      • 64 2 supplement is a sure winner DESPITE the absence of an agricultural industry here, local biotech firm Vantarion has developed a supplement that could significantly cut swine feed costs and improve the weight gain of livestock. Primos 25, derived from microbial sources, has already been licensed for sale
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      • 49 2 IT'S the newest luxury mall on Orchard Road and lon Orchard's attractions have prompted some tenants to relocate to be a part of it. Luxury brands Valentino and Cartier have each opened flagship boutiques at lon Orchard. SINGAPORE NEWS, PAGE 9
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      • 54 2 US Federal Reserve chairman Ben Bernanke must today explain the central bank's exit strategy to an increasingly hostile Congress. While his message is likely to be more upbeat than it was six months ago, Mr Bernanke can expect some more uncomfortable questioning.
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  • Page 2 Advertisements


  • COMPANY NEWS
    • 474 4  -  UMA SHANKARI Capita Land unit also unveils Asl34m writedown for development assets By AUSTRALAND, a subsidiary of Singapore's largest listed developer CapitaLand, yesterday announced aA$235 million (***** million) revaluation loss following a full revaluation of its investment property portfolio. The Australian unit also
      474 words
    • 388 4  -  UMA SHANKARI By OFFICE trust K-Reit Asia yesterday said that distributable income for the second quarter ended June 30 rose 23.4 per cent to $17.5 million from $14.2 million a year ago on the back of higher rental rates for new and renewed
      388 words
    • 381 4  -  WINSTON CHAI By KEPPEL Telecommunications Transportation (KTT)'s second-quarter net profit fell 6.5 per cent to $10 million with the poor economy weighing down earning contributions from its various businesses. The profit attributable to shareholders, after exceptional items, for the three months ended
      381 words
    • 359 4  -  CONRAD TAN Their Ist project is a 240 m yuan waste conversion plant INVESTMENT holding firm Asia Tiger Group has signed a memorandum of understanding with a German waste-management company to explore joint projects in Asia. Asia Tiger is also in talks to
      359 words
    • COMPANY BRIEFS
      • 43 4 ADVENTUS Holdings warned that it would report "significant net losses" for the half year to end-June due to losses on the group's investments in its associates. The group will be announcing its first-half results by Aug 14.
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      • 30 4 CACOLA Furniture International said it is likely to report a second-quarter loss as consumer demand for furniture continues to be affected by the financial crisis.
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      • 56 4 SUPERIOR Fastening Technology said that Bangkok Bank has withdrawn its suit against the firm in Hong Kong's High Court after the firm agreed on July 3 to repay some HK$ll.2 million (Ss2.l million) owed to the bank by a subsidiary. The action is now "wholly
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      • 37 4 CHINA Yuanbang Property Holdings said it plans to launch for sale 102 units of its villa resort project in Huadu, Guangzhou on July 26, after receiving permits to do so.
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      • 61 4 ADVANCE SCT said its unit, Tsing Vi Enterprises, has agreed to sell and lease back a factory unit at Kranji Crescent. The property will be sold to Shingda Construction for $6.3 million, and Tsing Vi will pay Shingda $900,000 to rent it
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      • 43 4 QIAN Hu Corporation's net profit for the second quarter ended June 30, 2009 rose 10.3 per cent to $1.66 million, from $1.51 million a year back. Revenue rose 0.6 per cent year-on-year to $23.7 million.
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    • 506 5  -  JOYCE HOOI Some laud proposal for minority shares buyout some query need for provision MARKET insiders' responses to the latest proposed changes to the Companies Act were as mixed as the reviews of the latest Transformers movie. Following an announcement by Minister in
      506 words
    • 386 5  -  OH BOON PING By By SI Infrastructure Holdings which plans to pump money into Asia Water Technology (AWT) said yesterday it intends to keep the business intact. China-based SI Infrastructure said it will subscribe for up to 1.67 billion new shares in
      386 words
    • 252 5  -  TEH SHI NING By CITY Developments Ltd (CDL) said yesterday it has met many of the social and environmental performance targets it set for 2008. According to its second Sustainability Report released yesterday, the developer reduced energy usage 5 per cent
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    • 366 7  -  TEH SHI NING Group still in talks with lenders to restructure, review finances: board JAVA Holdings has received letters from various creditors seeking to preserve their legal positions, including formal demands for repayment, its board of directors said yesterday. These letters followed Jaya's announcement
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    • 424 7  -  i CONRAD TAN By KEPPEL Corp and Keppel Land will invest a combined 705 million yuan (Ssl4B million) to develop a site in the Tianjin Eco-City park in China. The 36.8-hectare site in the business park is expected to eventually yield about 5,000
      FILE PHOTO  -  424 words
    • 340 7 Inflow of USsl3lm last week, after three weeks of net outflow THE only thing that has been constant about fund flows to Asia has, ironically, been the volatility. After experiencing three straight weeks of net outflow, Asian equity funds saw inflows resume last week
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    • 147 7 NEPTUNE Orient Lines' performance continued to slide, with volumes and average revenue both taking another hit for the four weeks from May 30 to June 26. The period saw container shipping volumes decline 14 per cent to 172,200 forty-foot equivalent units (FEUs) from 201,000
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    • 262 7 CHINA-BASED developer Pan Hong Property Group said in an update yesterday that its property "pre-sales" had increased 34.7 per cent to 678.4 million yuan (*****.3 million) from May 24 to July 15. The company provided fresh numbers in an update to the property sales
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  • Page 4 Advertisements
    • 527 4 lU3'.]'.MIT&T Keppel Telecommunications Transportation Ltd Co Reg No: *****0115G (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE SECOND QUARTER AND HALF YEAR ENDED 30 JUNE 2009 The Directors of Keppel Telecommunications Transportation Ltd advise the following unaudited results of the Group for the second quarter and half
      527 words

  • Page 5 Advertisements
    • 532 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 Group
      532 words

  • SINGAPORE MARKETS
    • 551 6  -  R SIVANITHY STOCKS Blue chips that contributed to the STl's rise included Singapore Airlines HEIGHTENED earnings expectations resulted in a 3.7 per cent rise in Hong Kong's Hang Seng Index yesterday, which helped lift Singapore's Straits Times Index 25.19 points to 2,456.15. Also helping were
      : Bloomberg  -  551 words
    • 91 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 15 0 2 0 0 0 15 0 2 lanufacturing 96 20 64 13 105 24 77 Commerce 45 12 54 12 16 'pt/Stor/Comms 31 34 :inance 22 22 Construction 14 15 'roperties 37 37 lotels/Rsts
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    • 117 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 19,940 19,940 62,696 62,696 lanufacturing 383,975 20,101 404,076 212,182 1,336 213,518 lommerce 168,222 17,856 186,078 111,112 9,679 120,791 'pt/Stor/Comms 190,108 7,679 197,787 274,377 1,759 276,136 :i nance 39,653 39,653 309,716 309,716 lonstruction 215,094 3,926 219,020 44,100 82 44,182 'roperties
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    • 102 6 lapitaLand 3.810 +0.080 lapitaMall 1.540 +0.050 jtyDev 9.720 +0.340 lomfortDelGrc 1.420 +0.030 losco Corp 1.230 +0.050 IBS Grp 12.360 -0.040 :&N 3.970 +0.050 ienting SP 0.760 +0.025 iolden Agri 0.375 +0.025 IK Land 3.620 IMH 27.280 +0.680 ISH 15.140 +0.080 lardineC&C 20.360 +0.060 Ceppel Corp 7.150
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    • 253 6  -  CONRAD TAN Property sector DMG PARTNERS SECURITIES, July 20 OUR weekend showflat visits revealed a continued buying trend of mass market projects, with purchasers dominated by genuine HDB upgraders. More importantly, this is notwithstanding a 2-7 per cent increase in selling prices. Buying sentiment for prime projects is
      253 words
    • 233 6  -  KEN TAI CHART POINT THE Straits Times Index (STI) and regional markets have done well since bouncing off their critical neckline support levels last week. With Q209 earnings season underway, we expect sentiment to stay bullish as corporate earnings should continue to gain positive traction
      Bloomberg  -  233 words
    • 391 6 CURRENCIES AFP [SINGAPORE] The US dollar was mixed in Asian trade yesterday ahead of a key congressional testimony by US Federal Reserve chairman Ben Bernanke this week, analysts said. The greenback traded around 94.72 yen, up from 94.17 in late US trade on Friday while
      AFP; AP  -  391 words
    • 4 6 DAILY
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    • 56 6 Jul 20 VALUE CLOSE IT OB/OS 753.00+507.C IT CADI -*****.00+319. IT 10-day MA -*****.00+76.01 TSE ST Mid Cap 550.71 +16.81 TSE ST Small Cap 458.86+18.61 TSE ST All Share 598.97 +8.8 TSE ST China Top 252.21 +6.9 TSE ST China 246.50 +7.0 TSE ST Catalist 1195.05+31.71 IMSCI
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    • 58 6 VOLUME Golden Agri 147,781,000 Gentinq SP 107,806,000 UniFiber 51,819,000 China Honqxinq 47,789,000 Ocean us 46,953,000 Yonqnam 45,158,000 Ezion 37,961,000 AusGroup 37,437,000 Swiber 36,057,000 EuNetworks 35,020,000 VALUE(S) DBS Grp 121,641,300 Capita Land 119,110,950 Sing Tel 95,627,650 Gentinq SP 81,374,260 Keppel Land 70,630,410 OCBC Bk 64,583,690 UOB 61,675,460 SGX
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    • 105 6 CLOSE UP iBXT Ni 10US$ 9270 244.9 1.9 LD 10US$ 9320 164.3 1.. iBXT FTChina25 10US$ 2877 144.1 3.' IMH 2728 98.0 2.' China H 10US$ 1514 89.3 4. MS India 10US$ 1248 63.4 3. reat Eastern 1210 62.0 5.. ;txpo ioo 1348 58.0 4. IOB.ES.0907 1560 54.0 3.'
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    • 114 6 CLOSE DOWN 4189-181.5 -2.9 DBXT FTVietnam 10US! imei iNav 1360-100.0 -6.8 DBXT S&P Short 10US! 6615 -36.0 -0.4 UOBBNPePW*****3 12.5 -9.5 -43.2 UOI 272 -8.0 -2.9 HosenWI ***** 3.5 -7.5 -68.2 m 2300BNPePW*****8 21.5 -5.5 -20.4 .erebosPac 315 -5.0 -1.6 EnGro Con 75 -5.0 -6.3 ;TI2800SGAePW*****9 56.5 -5.0 -8.1
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    • 85 6 Where S! stands Jul 20 CHNG CLOSE FR Jul 17 YR2009 S$ LOW S$ HIGH uss 1.4385 0.92 1.5579 1.4308 Euro 2.0470 -0.02 2.0732 1.9150 Pounds 2.3744 -0.31 2.4051 2.0356 1.1691 -0.51 1.1816 0.9453 ren* 1.5237 1.65 1.7278 1.4831 Rupiah* 0.***** 0.92 0.***** 0.***** Baht* 4.2296 0.74 4.3390 4.1040
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  • Page 6 Advertisements
    • 106 6 I'iiyWlTO ."r^ADiiSIMGAPOUi! T -r> fV)(.'!',.') VVI 111 Xi: l)'i The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and needs. CFDs are leveraged products and have the potential for both significant gains
      106 words

  • Page 7 Advertisements
    • 11 7 Call 6-222 6868 to find out Account Serve mOPG tOQ3y. www.AccountServe.com.sg
      11 words
    • 204 7 SiTF Awards 2006 Last Call for Nominations. 4 more days to go! SiTF Awards 2009, organised by Singapore infocomm Technologies Federation (SiTF), recognises Innovative ICT application/solution developed by companies or institutions. It offers an excellent platform for organisations to create awarenedjH seek investors and identify business partners. Reasons you should
      204 words

  • SINGAPORE NEWS
    • 659 8  -  LEE U-WEN YESTERDAY IN PARLIAMENT Combined Minimum Sum Scheme now irrelevant; will be terminated in 2013 CHANGES to the Central Provident Fund (CPF) Act were passed yesterday to help ensure that Singaporeans have sufficient savings to last them their entire lives. This comes
      CAROLINE CHIA/THE STRAITS TIMES  -  659 words
    • PARLIAMENT BRIEFS
      • 71 8 THE Public Service and its agencies have recruited more than 13,000 people over the January-May period this year, said Deputy Prime Minister, Minister for Defence and Minister-in-charge of the Civil Service Teo Chee Hean. This comprises 7,485 people in ministries and statutory boards, 3,869 in
        71 words
      • 78 8 MORE than 4,700 professionals, managers, executives and technicians (PMETs) were made redundant in the first quarter of 2009, said Minister for Manpower Gan Kirn Yong. He said that this particular group has greater difficulty in landing a new job in other industries because they
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      • 58 8 BEFORE Parliament began yesterday, the nine new Nominated Members of Parliament were sworn in and took their oath before making their first appearance in the House. Among the nine are entrepreneur Calvin Cheng, Ernst and Young Advisory managing director Mildred Tan and media consultancy CEO
        58 words
    • 757 8  -  CHEN HUIFEN By DESPITE the absence of an agricultural industry here, local biotech firm Vantarion has developed a supplement that could significantly cut swine feed costs and improve the weight gain of livestock. Primos 25, derived from microbial sources, is 100 per cent
      SPRING CORPORATE COMMUNICATIONS  -  757 words
    • 534 9  -  UMA SHANKARI More than 70% of the luxury mall's tenants are ready for business today IT'S the newest luxury mall on Orchard Road and lon Orchard's many attractions have prompted some tenants to relocate to be a part of it. Luxury brands
      CHIN FOOK CHEW/LIANHE ZAOBAO  -  534 words
    • 339 9 SPENDING by local MasterCard holders fell 0.2 per cent year-on-year to U*****.7 million during the first month of the Great Singapore Sale (GSS) from May 29 to June 27 this year. But the number of transactions rose by 13 per cent, showing that
      339 words
    • 276 9 GLOBAL financial services company Citi yesterday opened an eco-friendly global operations and technology building at Changi Business Park. The purpose-built 200,000 square foot green hub is a first for Citi in AsiaPacific. It will accommodate about 2,000 staff and serve various Citi businesses across 40
      276 words
    • 214 9 THE Singapore Manufacturers' Federation (SMa) has come on board as partner for the annual Manufacturing Excellence Award (Maxa). Maxa, which honours companies with high standards in manufacturing operations, is jointly organised by the Economic Development Board (EDB), McKinsey Company and the Sin-gapore-MIT Alliance. It is
      214 words
    • SINGAPORE ROUNDUP
      • 34 9 RACE promoter Singapore GP said yesterday sales of early-bird tickets will cease at midnight, July 31. Tickets will revert to regular prices from Aug 1.
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      • 33 9 NTU opens its new SPMS building today. Almost 100 leaders in physical and mathematical sciences will attend a three-day SPMS conference, opened yesterday by NTU president Su Guaning.
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      • 42 9 NANYANG Technological University has forged a partnership with the Organisation Department of Guangzhou City to accelerate the development of training programmes for government officials. Programmes include NTU's master's degrees and short-term courses. The MOU was sealed yesterday.
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      • 40 9 SINGAPORE College of Insurance (SCI) has garnered support from 31 sponsor organisations to offer 60 scholarship places. The programme provides for professional accreditation training, building industry knowledge activities and job rotation among sponsor organisations.
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  • Page 8 Advertisements
    • 160 8 l^-— Places^: byJPPepperdine Each Steak we serve is sufficient for an Average Adult's Daily Requirement of Iron(Fe), Sodium(Na) and Protein. Set Lunch from $9.20 +t Set Dinner from $16.00" mUM J-jv^i-:- JL ...Resume your shopping spree |9 J> i^^^kW after enjoying our j£>^ IWOH Nutritious Steak at SSt-T^^ I I
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  • Page 9 Advertisements
    • 21 9 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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    • 64 9 Po Writing a New Pilot Pen congratulates Aesthetic Bay Pte Ltd IpS on the opening of its new boutique at lON Orchard, Unit 04-14,2 Orchard Turn. Behold the Emperor Goldfish. The veritable symbol of wealth and abundance comes alive through the astonishing artistry of Taka and Togidashi Maki-e lacquering techniques.
      64 words

  • SME Inc
    • 691 10 They provide cost-efficient or cost-cutting solutions to help SMEs stay afloat through the recession, reports RACHEL SIM SERVICE providers are responding to the cries of small and medium enterprises (SMEs) amid difficult business conditions by providing cost-efficient solutions to help them through the recession.
      AP  -  691 words
    • 689 10  -  LI DAN WEI Sieamp is carving another new market space for itself SEMICONDUCTOR component distributor Silicon Application Pte Ltd is not new to cycles in the economic climate, having been through several in the past. But the company has always thrived on applying the
      ARTHUR LEE  -  689 words
    • 586 10  -  MICHELLE YEO PRO-ENTERPRISE CHANGES By THE Land Transport Authority (LTA) has extended the maximum storage period of deregistered vehicles in the Export Processing Zone (EPZ) from 12 months to 24 months. This is in response to the motor industry's feedback that it is facing
      586 words
    • 1214 11 THIS WEEK'S TOPIC How important is succession planning in your company? And what are the processes in place to assist your company in succession planning? Leong Mun Sum Managing director Leung Kai Fook Medical Co Pte Ltd SUCCESSION planning is a very important topic for Leung Kai Fook.
      1,214 words
    • 752 12  -  Engine and generator distributor Kin Ming Hua is determined to retain its market share despite the current downturn, report CAO YE, WU BIN and XU KE ENGINE and generator distributor Kin Ming Hua Pte Ltd has encountered its fair share of economic recessions,
      ARTHUR LEE  -  752 words
    • 667 12  -  LIU PEIHUA, NG WAN UNG TAY HONG LI By and IN the dictionary of Alvin Goh, chief executive of Besta Digitech, what ultimately spells success for the company is a passion for customer service. Value-added service is evident in many aspects of Besta,
      ARTHUR LEE  -  667 words
    • 360 12  -  TEHHOOI LING By ON the back of better-than-expected earnings from some US financial institutions and expectations of good corporate earnings in Asia, buying activities returned to the equities market. The strong buying in the last few sessions lifted many regional bourses to their highest
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  • Page 10 Advertisements
    • 63 10 Date: 30 Jul 09, Thursday Venue: 8 Wilkie Road t- nnn #03-08 Wilkie Edge Time: 9.00 am 11.00 am Singapore *****5 Who should attend: Finance Office HR Managers Directors LIMITED SEATS AVAILABLE, REGISTRATION IS ON FIRST-COME-FIRST-SERVED BASIS. To RSVP or for any enquiries, please contact us at 6-594 7594 or
      63 words
  • Page 10 Miscellaneous

  • Page 11 Advertisements
    • 129 11 We regret that we were unable to accommodate all responses to this week's topic due to a lack of space. For the full list of replies, go to BT Online at www.businesstimes.com.sg Bl wVlhwß w Hi W^M^^^^^^m Ib^b^b^L^b^ yJAiuilUluL^UM few J ?vl I fc^ I ByA^M bWI B Bb^^ 3
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  • Page 11 Miscellaneous
    • 92 11 SME The topic for next week's SME Voices Column is: "Has the recent terrorist attacks in Indonesia shaken your confidence in that country as an investment destination? Why, or why not?" If you are an SME owner or leader, we would like you to share your views on this topic.
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  • Page 12 Advertisements
    • 58 12 H pi Ah hh 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
      58 words
    • 65 12 ENTERPRISE &> Celebrating Singapore's Enterprising Spirit 2009 This series is part of the Enterprise 50 Educational Project between the E5O partners and the NUS Business School. Kin Ming Hua and Besta Digitech were among the E5O winners in 2008. The annual E5O ranking is co-organised by The Business Times and
      65 words

  • ECONOMY WATCH
    • 845 13 Reuters Investors to look for his plan to cut Fed's balance sheet before inflation kicks in [WASHINGTON] US Federal Reserve chairman Ben Bernanke must explain the central bank's exit strategy to an increasingly hostile Congress without giving the wrong impression that he
      Reuters; AP  -  845 words
    • 672 13 —J_ L Bloomberg [NEW DELHI] India will adopt a new consumer price index next year after policymakers said the current main inflation gauge of wholesale prices doesn't reflect the true costs borne by people. India's statistics department releases four consumer price
      —J_ L ■ Bloomberg  -  672 words
    • 866 13 ■AP NEWS ANALYSIS If foreign demand for it sags, rates could rise and hit US economy hard [WASHINGTON] Timothy Geithner, architect of bank, auto and economic rescue plans, has another high-stakes job these days: travelling bond salesman. The recession, financial crisis and two wars
      ■AP; AFP  -  866 words
    • 310 13 Reuters [BERLIN] The German economy likely did better in the second quarter of this year than previously expected, the Finance Ministry said yesterday in its monthly report for July. The report comes after the Economy Ministry signalled last Friday that there was a
      Reuters  -  310 words

  • MALAYSIA/INDONESIA
    • 500 14 Media say man was an ex-student at an Islamic boarding school linked to JI [JAKARTA] Indonesian media said yesterday that investigators have identified one of the Jakarta hotel suicide bombers and were taking DNA samples from his family, in reports police refused to confirm. Local
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    • 396 14  -  S JAYASANKARAN BY in Kuala Lumpur SHARES of national power utility Tenaga Nasional jumped 3 per cent yesterday to RM8.45 apiece on the belief that the government would agree to an electricity tariff hike as early as tomorrow. On Saturday, Tenaga chief executive
      396 words
    • 490 14  -  PAULINE NG By in Kuala Lumpur SHARES of Astro All Asia Networks pic fell 20 sen or 5.5 per cent to RM3.42 yesterday as investors sold into strength following weekend reports the company could be disposing of its loss-making international units. The satellite television
      490 words
    • 211 14 Bloomberg [KUALA LUMPUR] Bursa Malaysia Bhd, the country's stock exchange manager, said second-quarter profit rose 22 per cent from a year earlier as trading volume increased. Net income rose to RM3S million (5514.5 million), or 6.7 sen a share, in the
      Bloomberg  -  211 words
  • Page 14 Advertisements
    • 1208 14 home, causes ~f^^T I t-\ I ~^^^^m pioce- flf jf > 1 I*ll BtTlartoj? Jji YJ^l ~TJ^K;'»?.ijs- iff I W^ff\ i I IBy Tan Weizhen ■it'n/terf flB W*J\ I If/fl Jh V-Ji/^B AT LEAST one soul thing has come out (JS^ Bp*'™*' HB Ml of the recession: Dads now have
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  • GREATER CHINA/INDIA
    • 676 15 Bloomberg It's seeking funds to restart work on Cotai project, may also buy back loans [NEW YORK] Las Vegas Sands Corp, controlled by billionaire Sheldon Adelson, plans to apply in Hong Kong for an initial public offering of shares in its Macau
      Bloomberg; REUTERS  -  676 words
    • 368 15 Bloomberg [NEW DELHI] US Secretary of State Hillary Clinton was due to meet top Indian officials later yesterday ahead of expected announcements which may open the door for contracts of up to US$2O billion for US nuclear power and defence
      – Bloomberg  -  368 words
    • 621 15 Bloomberg [BANGALORE] Tata Consultancy Services Ltd said Citigroup Inc is helping lead a recovery in demand from financial clients, the Indian software-services company's biggest contributors to revenue. "Demand is increasing as we speak," chief executive officer Subramanian Ramadorai said of business from Citigroup.
      Bloomberg  -  621 words
    • 206 15 Reuters [SHANGHAI] China Investment Corp (CIC), the country's US$2OO billion sovereign wealth fund, has agreed to buy a 40 per cent stake in investment firm Citic Capital Holdings Ltd, the official China Securities Journal reported yesterday. CIC will buy new shares to
      Reuters  -  206 words
  • Page 15 Advertisements
    • 1425 15 V**4 rTX^TTOrP Toll free: 1800-289-8822 V IVI fl l-i V Email: notices@sph.com.sg JL^I V*>/ JL I V.v 1 i_J www.cats.com.sg Form 63N Folio No I THE COMPANIES ACT (CHAPTER 50) /C Tjv THE COMPANIES REGULATIONS FPi S I EGULATION6O VJ **J NOTICE OF JUDICIAL MANAGER'S MEETING OF CREDTORS pDS NETW
      1,425 words

  • ASIA-PACIFIC/WORLD
    • 728 16 -AP Higher deficit and slower growth numbers compared to earlier projection may delay health care reform [WASHINGTON] The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today's bleak landscape. The administration's annual midsummer budget
      -AP  -  728 words
    • 631 16 Reuters [PHUKET] South-east Asian foreign ministers sought ways yesterday to boost their economies, fight terrorism and counter criticism that a new human rights commission will be a toothless body. Thai Prime Minister Abhisit Vejjajiva told ministers that the Asean had stood firm
      Reuters; AP  -  631 words
    • 599 16 AP OBITUARY Frank McCourt who was 78, died at a Manhattan hospice [NEW YORK] Frank McCourt, the beloved raconteur and former public schoolteacher who enjoyed post-retirement fame as the author of Angela's Ashes, the Pulitzer Prize-winning "epic of woe" about his impoverished Irish
      AP; AFP  -  599 words
    • 708 16 NYT His 50% share of Sony/ATV could be worth USssoom [WASHINGTON] As the world sorts through the pieces of Michael Jackson's life one month after his death, so, too, does Wall Street. A handful of major financial firms have made inquiries into buying the Jackson
      NYT  -  708 words

  • WORLD
    • 624 17 NYT USs3b loan will buy firm time to restructure business model, reduce debt [NEW YORK] Directors of the CIT Group, one of the nation's leading lenders to small and mid-size businesses, approved a deal on Sunday evening with some of the bank's major
      NYT; BLOOMBERG  -  624 words
    • 339 17 Reuters [NEW YORK] Charles Schwab Corp, the largest US online brokerage, yesterday denied allegations by New York Attorney-Gener-al Andrew Cuomo of civil fraud in its marketing and sale of Auction Rate Securities (ARS). The Wall Street Journal earlier reported that Mr Cuomo, as part of his
      Reuters  -  339 words
    • 589 17 Reuters Ability of business to compete could take a serious hit [CHICAGO] Much of Corporate America has slashed costs to stay in the black during the recession, but welding the knife too heavily could also remove the ability to grow in
      Reuters  -  589 words
    • 225 17 Reuters [LONDON] Lloyds Banking Group and the Royal Bank of Scotland may have to sell part of their businesses under proposals to be announced by the opposition Conservatives yesterday, The Times newspaper reported. The party, riding high in opinion polls, would hold a
      Reuters  -  225 words
  • Page 17 Advertisements
    • 422 17 g^NOTICES IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF BIRCHVEST INVESTMENTS PTE LTD (Co. Reg. No. *****2359N] NOTICE OF RESOLUTION FOR MEMBERS'VOLUNTARY WINDING-UP (Pursuant to Section 290] At the Extraordinary General Meeting of the members of the above-named Company, duly convened and held at
      422 words
    • 614 17 IN THE MATTER OF THE IN THE MATTER OF COMPANIES ACT, CHAPTER 50 THE COMPANIES ACT, CAP. 50 AND AND IN THE MATTER OF IN THE MATTER OF TAI' INTERNATIONAL DEVELOPMENT BW TRUST MANAGEMENT m LTD PTE LTD (Company Registration No.: *****9035E] ON MEMBERS' VOLUNTARY lIN MEMBERS' VOLUNTARY LIQUIDATION) LIQUIDATION!
      614 words
    • 812 17 A MAIS UNI-ASIA FINANCE CORPORATION (the "Company") Registration No CR ***** (Incorporated in the Cayman Islands with limited liability on 17 March 1997) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") of the Company will be held at M-Hotel Singapore, Anson 111,
      812 words

  • AVIATION
    • 422 18 Bloomberg It brands itself as NYC's 'hometown carrier' to cement presence at JFK [NEW YORK] Delta Air Lines Inc, based in Atlanta since 1941, is promoting itself as New York City's "hometown carrier" with mojitos in Manhattan and sponsorships of the
      Bloomberg  -  422 words
    • 656 18 AFP People with symptoms advised to delay journeys [LONDON] British airlines on Sunday stepped up restrictions on suspected swine flu carriers, as a report said four more British students quarantined in China have had infections confirmed. Britain is Europe's worst-hit territory, with estimates of
      AFP; REUTERS  -  656 words
    • 161 18  -  YEN SREENIVASAN By [SINGAPORE] Aviation industry publication Flightglobal has appointed Siva Govindasamy as the managing editor of its Asia-Pacific bureau in Singapore. Mr Govindasamy, 34, replaces Nicholas lonides, who joined Singapore Airlines as its chief spokesman in April. Flightglobal is part of the UK-based Reed
      161 words
    • 2680 18 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,680 words
  • Page 18 Advertisements
    • 144 18 BT/ZUJI Deals of the Week DEAL OF THE WEEK ECONOMY CLASS (fr HOTEL (frs) BUSINESS CLASS (frs) Xiamen $296 $62 $1,328 Xiamen Airlines Air China DESTINATION ECONOMY CLASS HOTEL BUSINESS CLASS WEATHER (frs) (frs) M Kuala Lumpur $139 (Japan Airlines) $37 $424 (Japan Airlines) Tssjj? Rain New York $1,982 (Cathay
      144 words
  • Page 18 Miscellaneous
    • 260 18 CRYPTIC CROSSWORD ACROSS (4) _i_,. /i\ I I en nuisances (5) 27 Revels at seeing one in duty o cv r 11 All steroids may be incompat--28 Share deals? Errs badly in m practice (5,9) l" YESTERDAY'S SOLUTION 14 Ways of speaking about spinDOWN ner's production (10) Across: 1 Newstatesman,
      260 words

  • SHIPPING
    • 612 19 Reuters Recently, they got USsl.Bm ransom for a German-owned vessel and 11 crew [LONDON] Somali pirates received a US$l.B million ransom for the release of a German-owned vessel and its 11-member crew, pirate sources and officials said at the weekend. The 146-metre MV
      Reuters  -  612 words
    • 232 19 STANDARD Chartered Bank has granted a US$2B million loan facility to Xihe Holdings, the vessel-own-ing arm of Ocean Tankers. Ocean Tankers is a major South-east Asian oil and product tanker operator, with a fleet in excess of 80 vessels. It is part
      232 words
    • 186 19 -AP [NEW YORK] Two Australian warships have arrived in New York Harbor to commemorate the nearly century-old military relationship between Australia and the United States. The HMAS Sydney and HMAS Ballarat sailed into New York Harbor on Sunday morning and are docked
      -AP; AP  -  186 words
    • 586 19 -AP Battle of Chelsea Creek, HMS Diana to get their recognition [BOSTON] Somewhere along an industrial stretch of river pocked with rotting piers and towering salt piles north of Boston lies the answer to one of the great riddles of the Revolutionary
      -AP  -  586 words
    • 211 19 AFP [WELLINGTON] Eighteen people who were lost overboard when a canoe capsized in the Pacific nation of Kiribati are unlikely to be found alive, a rescuer said yesterday. The double-hulled canoe was carrying 45 passengers from the capital Tarawa to the outlying atoll
      AFP  -  211 words
    • TRANSPORT STOCKS
      • 101 19 '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 0.50 0.27 1.23 0.56 1.32 0.69 0.05 ....unch 0.38
        101 words
      • 36 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.95 8.65 8.60 3.18 2.76 unch 0.09 -0.01 unch 0.05 unch 0.01 unch -0.01 81 118 974 274 1004 0 1872
        36 words
      • 7 19 '00 ■recious Ship .16.10 0.40 3613
        7 words
      • 11 19 '000 Doil iingamas Cont .35.15 ...1.10 0.75 1022 0.02 *****
        11 words
      • 22 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.60 16.25 2.00 unch unch 0.50 -0.10 unch 16 120 2 0
        22 words
      • 16 19 Evergreen Marine ....18.50 :irst Steamship 47.80 ManHai Lines 15.50 -0.25 0.30 0.20 3 3 1
        16 words
      • 37 19 '000 :awasaki Hvy Ind ..227.00 :awasaki Kisen 360.00 /litsubishi Hvy 359.00 /litsuiEng&Sbldg...215.00 /litsui Osk Lines 589.00 Jippon Express 390.00 Jippon Yusen 399.00 -2.00 ***** unch 6501 3.00 ***** 1.00 3717 4.00 ***** 3.00 2212 unch 6772
        37 words
  • Page 19 Advertisements
    • 332 19 TENDER NOTICE OIE/JAPAN SPECIAL TRUST FUND (JSTF) PROJECT ON AVIAN INFLUENZA CONTROL IN ASIA (PHASE II) The World Organisation for Animal Health (01E) will utilize part of JSTF contributed by the Government of Japan to purchase goods and services for the program of "Strengthening National Reference/Diagnostic Laboratories." Utilizing the part
      332 words

  • EDITORIAL & OPINION
    • 474 20 IN recent months, there has been a lot of talk about the first "green shoots" appearing after a year-long global economic recession. Indeed, recent financial market activity seems to suggest that the worst may be over as far as the general economic slump is concerned.
      474 words
    • 1118 20  - A Singapore initiative for S-chips BERTIE MEHIGAN Republic provides ideal platform for mediating between companies and their stakeholders THE current financial issues surrounding many S-chips are something that is unlikely to go away any time soon. To help protect Singapore's standing as a key regional destination for fund-raising and investment
      REUTERS  -  1,118 words
    • 752 20 SHADA ISLAM THE BOTTOM LINE US SECRETARY of state Hillary Clinton's participation in the Asean regional forum in Thailand next week spotlights the Obama Administration's determination to revitalise engagement with South-east Asia. But pay careful attention: more modestly and with much less
      752 words
    • 1703 21  -  AMIT ROY CHOUDHURY The competition between Google and Microsoft will result in better and cheaper products for consumers THINGS got a lot more interesting in the global information technology (IT) industry, with two of its star performers facing off for what could be
      AP  -  1,703 words
    • 806 21  -  NICHOLAS D KRISTOF -NYT By HOWEVER careful you are about your health, your body is almost certainly home to troubling chemicals called phthalates. These are übiquitous in modern life, found in plastic bottles, cosmetics, some toys, hair conditioners and fragrances and many scientists have
      -NYT  -  806 words


  • SINGAPORE STOCKS
    • 8781 22 Transaction date: Jul 20 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E Smil 9 3 3148 8Telecom 8.5 2.5 5834 A-Sonic 24 12 5000 ABRHIdgs 13 5.5 1938 AEICorp 8 1 1100 AEM 23 7 2101 APOil 68 26.5 5550 ARA 8.5 2.5
      8,781 words
    • 1662 23 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E M Cap $mil 19 5 1181 s AAGrp 26.5 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 25.5
      1,662 words
    • 406 23 52-Wk Tel h Low Code Last Sale Vol COM) Day ill Low Last Quote Buyer Seller Div GrYld C'vr Net P/E s Hi. Comi Hi. 110 100 6389 ABFSG Bond ETF 110 unch 877 427 CIMBAsean40 100US$ US687 +17 249 149 DBS STI ETF 100 248 +6 3600
      406 words
    • 259 23 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      259 words
    • 9392 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.845/ AIGIF Spore Bond Fund/ A 1.287/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.97/ APS Alpha Fund (USD)!** 0.67/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5142/ APS Komaba
      9,392 words
  • Page 22 Advertisements


  • FINANCE & COMMODITIES
    • 369 24 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Jill 17 World Index Preliminary 708.1 0.1 4.5 -0.2 7.2 0.0 6.! EAFE Preliminai 672.6 0.7 3.6 0.2 7.7 0.4 7.1 Euroi Prelim inan 934.1
      369 words
    • 121 24 As at 9am Jul 20 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.1560 1.1910 .an dollar 1.2950 1.3110 luro 2.0350 2.0570 IZ dollar 0.9310 0.9510 iterlini ind 2.3560 2.3830 JS dollar 1.4400 1.4570 .ocal dollars to 100 units if foreign
      121 words
    • 157 24 Jul 20 Xterniqht 3/16 -month 7/16 -months 9/16 l-months 11/16 Overnight mode: 0.10 IS$ Offer 1/16 3/16 5/16 9/16 Bid 1 days I month I months months d months months I I. (All 0.35 0.40 0.55 0.65 1.00 1.60 1.70 Offer 0.25 0.30 0.35 0.45 0.80 1.20 1.30
      157 words
    • 25 24 Jul 20 STI 2436 2449 2455 IIMSCI Jul 293.7 298.2 295.8 "aiwan Jul 248.6 253.6 252.3 Source: MF Global (S) Pte. Ltd
      25 words
    • 19 24 Jul2o Bid Offer -month 1.4409 1.4429 1.4409 1.4430 {-months 1.4409 1.4430 >-months 1.4409 1.4431 Source: OCBC
      19 words
    • 57 24 Jul2o lelivery flonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position \ugO9 2175 2190 2200 2170 679 iep 09 2198 2175 2198 2150 2378 3d 09 2165 2160 2184 2144 7975 tovO9 2160 2160 2182 2146 2101 Total o/p: ***** contracts Turnover: ***** lots
      57 words
    • 269 24 Jul 20 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO9 DecO9 Mar10 Jun10 99.4550 99.2200 98.9450 98.5650 8582 5626 3909 3580 EUROYEN TIBOR FUTURES SepO9 DecO9 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 99.495 99.530 99.545 99.525 99.470 99.425 99.340 99.280 50 ***** 3512 2591 1338 421
      269 words
    • 177 24 Jul 20 (UBBtK Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l (lots) <\ugO9 178.0 >ep 09 3d 09 \lov09 Dec 09 Ian 10 178.0 178.0 178.5 178.5 178.5 178.5 179.5 39 40 40 40 36 394 654 1012 922 1301 358
      177 words
    • 89 24 Jul 20 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****H 22.10.09 -Year BY*****W 03.05.10 0.24 0.35 0.18 0.18 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year NX*****H 3.625 I-Year NX*****F 3.625 '-Year N*****0S 2.875 0-Year NX*****W 2.500 5-Year
      89 words
    • 98 24 Jul 17 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low AugO9 1009.50 976.00 1011.00 977.25 SepO9 948.50 916.00 951.25 916.25 Nov09 923.50 890.00 926.75 889.25 Jan 10 931.25 898.00 933.00 897.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low AugO9 34.82 33.80 34.82 33.76 Sep 09 34.99
      98 words
    • 76 24 CRUDE OIL PRODUCTS Jul 17 origin^ t/barrel Close Cham irent blend (1-Mth F) 64.71 1.51 WTI (Near Mth) 63.50 1.42 iubai (1-Mth F) 62.61 0.03 "apis blend 68.15 0.60 i/linas 64.60 0.60 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 59.32 69.98 0.5 1 0.7^ US$/barrel )pec Oil Basket
      76 words
    • 462 24 Jul2o AS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS Australia 0.898 5.546 0.571 6.292 39.233 82.443 0.767 10.128 2.875 1.242 66.689 38.951 1.171 6.457 0.869 26.616 27.615 0.492 0.812 Canada 1.114 6.176 0.635 7.007 43.690 91.809
      462 words
    • 67 24 Ju/20 mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 1.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates mth mths mths (S$) 0.***** 0.***** 0.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 2.*****
      67 words
    • 149 24 Jul 20 Zurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.1694 1.1717 0.8116 0.8121 Canadian dollar 1.3022 1.3048 0.9038 0.9043 luro 2.0498 2.0530 1.4227 1.4229 IZ dollar 0.9414 0.9430 0.6534 0.6536 Sterlinc 2.3795 2.3832 1.6515 1.6518 IS dollar 1.4408 1.4428 >$IUS$
      149 words
    • 128 24 Jul 20 -long Kong .ondon 935.00 945.30 936.00 946.30 Jul IS Jul 17 936.10 937.70 936.90 938.50 Source: Thomson Reuters CAST BAR (S$) Jul20 Buying Sellim Kilobar "46,977.28" ***** PAMP GOLD BARS (S$) Selling Buying gm jam ugm !0gm JOgm Ougm oz ozUBS Kinebar™ 104.86 298.53 533.93 1005.8
      128 words
    • 70 24 Jul 17 minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 1681.25 3 months 1708.00 1667.25 1695.00 Copper, Grade A (US$/tonne) Cash 3 months 5312.50 5310.00 5270.50 5260.00 Lead (US$/tonne) Cash 3 months 1648.25 1670.00 1598.00 1620.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • 70 24 Jul 17 Close Prev Hii ih/Low ,epO9 1773 1707 1773/1729 )ecO9 1782 1712 1783/1737 i/lar 10 1783 1716 1784/1745 i/lay 10 1778 1765/1743 lOFFEE (US$/tonne) Close Pev High/Low lul 09 1438 1401 1442/1442 iepO9 1456 1413 1458/1414 Mov09 1476 1435 1478/1438 SUGAR (US tonne) White Close Prev High/Low let
      70 words
    • 2258 24 BONDS, WARRANTS EXTENDED SETTLEMENT Tel Code Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left Asia-PacificStrategicW*****6 3.5 unch 470 2036AdvanceSCTLtdW*****9 0.5 Allgreen Prop.ES.0907 98 Ascendas Reit.ES.0907 167 xd 1 15 6 5.00 1 87 1491 11.00 58 13 9092 Asia Environment W*****4
      2,258 words

  • Page 25 Advertisements
    • 2676 25 m The Business Times Sim ngTimes F^^^^^^^MBl^^ Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE IfcllllMl C Atllßfl All Destination Destination uVuIV Ulllllll Utljl STXPO TBN RTM/ANR/TIL AURORA SAPPHIRE NOL/NFK/SAV/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia IfllllwH I lIV UA Oil I™ D UdjJW Ull Ijjl
      2,676 words

  • Page 26 Advertisements
    • 4349 26 i^l Inn EASTERN CAR LINER, LTD LKJiKBHII B^ffSSn Ut— s^—i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS KMlllMiillillM llllllllil'llllllllll^^^^M I I inKKT) I Lillinq(KT) I SIN I PKL I )KT I KUC IKK I SURA I VOY 111 [ID DiSIINAMN PCL/PHL SERVICE AMX SERVICE Connecting ECL Svc via MALTA
      4,349 words

  • PROPERTY
    • 732 27 Reuters Some bankers think this could be start of a trend in Reits going public [NEW YORK] Several large investment firms are creating new lending companies that plan to go public to raise billions of dollars to take advantage of the distress
      Reuters  -  732 words
    • 902 27 Xinhua [BEIJING] Workers are scraping modern ceramic tiles off the walls of a 122-year-old courtyard house in Caishikou, in the south of Beijing's downtown area. This former residence of Mao Zedong, founder of the People's Republic of China, is under renovation. In 1920, Mao
      ■ Xinhua; SCMP FILE PHOTO  -  902 words
    • 502 27 Bloomberg [LONDON] British home sellers raised asking prices this month to meet increased demand from buyers, Rightmove pic said. The average cost of a home rose 0.6 per cent to £227,864 (*****,970) after falling 0.4 per cent in June, the operator of the
      Bloomberg  -  502 words
    • 600 28  -  KALPANA RASHIWALA Consultants forecast top bid of $136 to $200 psf ppr for the residential site [SINGAPORE] Strong homes sales in the mass-market segment have led to a 99-year leasehold site at Chestnut Avenue in the state's reserve list being triggered
      600 words
    • 412 28  -  KALPANA RASHIWALA Analysts say group could be eyeing conversion to hotel [SINGAPORE] Another office block has been sold. Premier Centre, a seven-sto-rey property at the corner of Beach Road and Tan Quee Lan Street, changed hands earlier this month for $18 million, or about
      412 words
    • 304 28 Bloomberg [SHANGHAI] New home prices in 36 medium- and large-sized Chinese cities rose 6.3 per cent last month from a year earlier as bank lending tripled in the first half. The average price of new homes rose to 6,554 yuan (551,394) per
      Bloomberg  -  304 words
  • Page 27 Advertisements
    • 284 27 I Woodlands Industrial Park E1 Corner Terrace I_^ wffldaPl I^kRPJ rVP Built-in 23,0005q-ft (5 Floors) Land area 10,000sq-ft I HBtrj !^99 J^KJ^^l«^J HHH Balance 45 years* Tenanted® $444,000 p.a. (3yrs) k^SI -J^2§S4 IUI IH^B |H| Asking $4.6 million (neg) I^B^»^ E?lW[>ltXll fl rH »M»^K^^ 'tlTut M 9.6% yield (Bank Interest
      284 words

  • Page 28 Advertisements
    • 116 28 IPd CC^Tl^™*!^"^ Sss »v. I at Innovation Place Located at Mandai Estate \jßi 'iii"T s>\ Ideal for office, showroom, warehouse production Good corporate image HUM Z-^^\~\ mm^* PMp^ I at Innovation Place EUNOS TECHNOLINK .^^V Ground Floor b^*Sl!l Convenience Ctft^ PVvH Prime frontage facing s*o?^ C" -ff^.--''"^'i a*v« d rT]
      116 words
    • 101 28 TERRACE FACTORY FOR SALE Seatown Industrial Centre Tuas South Aye 1, 3 4 WAREHOUSE FOR SALE 23 units single storey strata terrace factory with mezzanine office Unit range from 4,2605 ft -11 .OOOsft a 5-storey purpose-built warehouse building with ASRS and High Ceiling: 7.6 m Floor load: 12.5kN VNA, 45
      101 words