The Business Times, 23 July 2009
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2009-07-23
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The Business Times
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Title Section23 2009-07-23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg s£!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO regn no *****2868E MICA (P) 197/08/2008 Thursday, July 23,200923 words
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Article, Illustration887 2009-07-23 1 KALPANA RASHIWALA - KALPANA RASHIWALA Subsales and foreigner purchases up in Q2; HDB upgraders' share falls By [SINGAPORE] Three classic signs of a recovery have emerged in the Singapore housing market. Subsales and foreign buying have accelerated while the share of HDB upgraders in the private homeURA Realis, July 17, Jones Lang LaSalle Research - 887 words
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Article, Illustration755 2009-07-23 1 PAULINE NG - PAULINE NG Bursa M'sia chief wants govt to cut its stakes in GLCs to improve trading By in Kuala Lumpur THE Malaysian stock exchange does not have enough large companies and the problem is compounded by the government's huge shareholding inFILE PHOTO - 755 words
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Advertisement39 2009-07-23 1 8 *****1 *****4 More than 250 years of continuous history Iks Us l\ 'x^^ v^l^mi VACHERON CONSTANTIN f( Manufacture Horlogere. Geneve, depuis 1755. Service Centre Richemont Luxury (Singapore) Pte Ltd Tel: (65) 6317 2588 Enquiry-Tel: (65) 6510 2780 www.vacheron-constantin.com39 words
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Page 1 Miscellaneous
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Miscellaneous43 2009-07-23 1 TEMASEK ASEAN W US CORPORATE BizlT j| Mr Goodyear's US signs treaty of gj djM|__.jfi£_ RESULTS Digital media gets ||^U__j^ unusual goodbye friendship with Asean Apple smashes profit million-dollar boost V'% PAGE 3 PAGE 2 fc__l 'if j forecasts PAGE 14 PAGE 2343 words
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TOP STORIES
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558 2009-07-23 2 LEE U- WEN - LEE U-WEN Asean is ready to resume stalled talks for a free trade deal with Europe, he says By [SINGAPORE] Europe is missing out business-wise and strategically by not looking beyond its shores and engaging the rest of the world, particularly558 words
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Article, Illustration399 2009-07-23 2 AP [TOKYO] Millions of Asians turned their eyes skyward yesterday as dawn suddenly turned to darkness across the continent in the longest total solar eclipse this century will see. Millions of others, fearing a bad omen, shuttered themselves indoors. Chinese launched fireworks andAP - 399 words
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514 2009-07-23 2 -AP [GUANGZHOU] An employee at a China factory that makes iPhones killed himself after a prototype went missing, and Apple Inc responded yesterday by saying that its suppliers are required to treat workers with dignity and respect. The death might have been partly-AP - 514 words
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THREE-MINUTE DIGEST
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41 2009-07-23 2 THREE classic signs of a recovery have emerged in the Singapore housing market. Subsales and foreign buying have accelerated while the share of HDB upgraders in the private home buying pie has declined. FRONT PAGE41 words
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42 2009-07-23 2 THE Malaysian stock exchange does not have enough large companies and the problem is compounded by the government's huge shareholding in many of these entities, said Bursa Malaysia CEO Yusli Mohamed Yusoff. FRONT PAGE42 words
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44 2009-07-23 2 EUROPE is missing out business-wise and strategically by not looking beyond its shores and engaging the rest of the world, particularly Asia, Prime Minister Lee Hsien Loong told Frankfurter Allgemeine Zeitung. TOP STORIES, PAGE 244 words
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Article33 2009-07-23 2 CHIP Goodyear's sudden departure from Temasek Holdings is unusual but not entirely surprising, market watchers say. Analysts say this will not dramatically change Temasek's strategy. TOP STORIES, PAGE 233 words
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35 2009-07-23 2 CAPITACOMMERCIAL Trust has posted distributable income of $48 million for the second quarter ended Q2 2009, up 33.2 per cent from the same year-ago period. COMPANY NEWS, PAGE 435 words
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38 2009-07-23 2 THE Asia-Pacific Economic Cooperation economies announced yesterday that the group would be extending its promise not to raise new barriers to global trade and investment for another year. SINGAPORE NEWS, PAGE 838 words
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56 2009-07-23 2 FOR the first time since Harry Truman was in the White House, Americans are paying back their debt, a phenomenon that just might help keep interest rates low as the Treasury sells US$2 trillion of bonds and rising unemployment increases56 words
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34 2009-07-23 2 WIPRO Ltd, India's third-largest software services provider, reported first-quarter profit that beat estimates after the company won more orders and cut costs. GREATER CHINA/INDIA, PAGE 1234 words
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45 2009-07-23 2 MORGAN Stanley lost more than US$l.2 billion during the second quarter as it took a charge to repay government bailout money. But Wells Fargo joined other big US banks in reporting a big Q2 profit. ASIAPAC/WORLD, PAGE 1345 words
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32 2009-07-23 2 WHILE earnings have faltered at other electronics companies, Apple's quarterly profit blew past Wall Street forecasts thanks to strong sales of Macs and iPhones. WORLD, PAGE 1432 words
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669 2009-07-23 2 Reuters Move may assuage concerns of China's clout in the region [PHUKET] US Secretary of State Hillary Clinton signed a friendship treaty with the Association of South-east Asian Nations (Asean) yesterday, underlining Washington's renewed focus on a region that has increasingly come under" – Reuters - 669 words
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MARKETS DIGEST
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Article50 2009-07-23 2 Inesi lay lange 1COMP 1,148.70 +14.00 MKKEI 225 9,723.16 +71.14 IANG SENG 19,248.17 -253.56 ;et index 598.22 -11.61 JAKARTA COM P MANILA COMP 2,125.61 -20.94 2,612.38 +18.87 ;eoulcomp 1,494.04 +5.05 ;henzhen b 542.49 +7.26 IUMBAI IND 14,843.12 -219.37 12 noon EDT Change )OW 8,908.99 -6.95 IAS DAI 1,921.85 +5.6550 words
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Article29 2009-07-23 2 loomberg SINGAPORE 5.38 MALAYSIA 5.55 HONGKONG 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
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Article45 2009-07-23 2 IS$ (S$ ier US$) 1.444 (US$/S$ ier£) 1.633 2.358 ;URO (US$/S$/E) 1.418 2.048 Foreign currency per US$ S$ 'EN 93.60 64.80 3.553 2.460 IK$ 7.750 5.368 !AHT 34.00 23.55 lUPIAH 10,070 6,974 1ENMINBI 6.831 4.731 INDIAN RUPEE 48.56 33.63 1.227 0.850 IZ$ 1.526 1.05745 words
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Article, Illustration548 2009-07-23 3 CHEW XIANG - CHEW XIANG Public anointment left all with less room to manoeuvre, analysts say By [SINGAPORE] Chip Goodyear's sudden departure from Singapore investment company Temasek Holdings is unusual but not entirely surprising, market watchers say. The reason for the parting of ways is not known apart fromAFP FILE PHOTO - 548 words
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221 2009-07-23 3 A 13-year-old boy and 55-year-old man both had other health problems [SINGAPORE] A boy, 13, and a man, 55, both died yesterday after being infected by the HINI strain of flu, raising the death toll from the virus here to three. Two women, both221 words
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413 2009-07-23 3 Bloomberg [SINGAPORE] Hedge funds had net inflows of US$6.2 billion and returned an average 0.2 per cent last month, rounding off a record three-month rally, Eurekahedge said. The June advance by the Eurekahedge Hedge Fund Index, tracking more than 2,000 funds, follows 3.2– Bloomberg - 413 words
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Advertisement10 2009-07-23 2 CATS Recruit The first step oh your ladder to success <10 words
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Advertisement495 2009-07-23 3 l^ SMU NASSIMPARK SINGAPORE MANAGEMENT RESIDENCES FC. CFO. COO. CEO. Nice initials start with an SMU MPA V There's never been a better time to pursue a career in the accounting profession. Update and expand your professional expertise or even switch careers with a Master of Professional Accounting (MPA) from495 words
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COMPANY NEWS
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621 2009-07-23 4 KALPANA RASHIWALA - KALPANA RASHIWALA Trust will pay unitholders DPU of 3.33 cents for first half of this year By CAPITACOMMERCIAL Trust (CCT), one of the island's biggest office landlords, has posted distributable income of $48 million for the second quarter ended Q2 2009, up 33.2621 words
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Article490 2009-07-23 4 VINCENT WEE - VINCENT WEE By FIRST Ship Lease Trust (FSLT) may have set the wheels of an inevitable slide in the fortunes of the shipping trusts for the rest of the year in motion with its downward revision of distribution per unit (DPU) on Tuesday. The other490 words
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Article312 2009-07-23 4 JOYCE HOOI - JOYCE HOOI By CONTINUING its return to profitability in the first quarter, OSIM International yesterday announced a se-cond-quarter net profit of $5 million a reversal from the net loss of $6 million for the year-ago period. Compared with the first-quarter net profit of312 words
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471 2009-07-23 4 CONRAD TAN - CONRAD TAN Group has options to exit new venture if it chooses By GALLANT Venture is investing US$2O million in an Indonesian iron ore miner as part of its strategy to expand into the resources sector there. Gallant said its indirect subsidiary Gallant Power471 words
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333 2009-07-23 4 CONRAD TAN - CONRAD TAN By OCBC Bank has launched a partnership with insurer Great Eastern in Malaysia to sell life insurance products through the bank's branches there. The deal will expand the reach of Great Eastern a subsidiary of OCBC in Malaysia. Under the partnership,333 words
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187 2009-07-23 4 GUOCOLAND Group's Sophia Residence has drawn a strong response from property buyers here, with 85 per cent of its 138 released units sold thus far. The 138 units included 100 units that were released during the official launch of the development last weekend.187 words
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Article, Illustration602 2009-07-23 5 EMILYN YAP - EMILYN YAP Property group will speed up launches as market recovers in Spore and region By KEPPEL Land which reported a 10.4 per cent year-on-year rise in sec-ond-quarter earnings yesterday says it will speed up launches in Singapore and the region as theFILE PHOTO - 602 words
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COMPANY BRIEFS
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35 2009-07-23 5 NEW Lakeside Holdings warned that it would report a pre-tax loss for the year to end-June, due to a plunge in demand for apple juice concentrate, its main product.35 words
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50 2009-07-23 5 ROTARY Engineering has signed contracts worth $36 million with Neste Oil Singapore for installation works at Neste's renewable diesel plant in Tuas. Separately, the firm said it has inked a $48 million engineering, procurement and construction (EPC) deal with Thailand's PTT Tank Terminal Co.50 words
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96 2009-07-23 5 SUNMART Holdings said former non-executive director Tong Yu has sold his entire stake in Top Items Assets Ltd, which holds 280.1 million shares or a 69.7 per cent stake in Sunmart. This reduced his deemed stake from 69.7 per cent to nil. The date of96 words
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51 2009-07-23 5 SINGAPORE Press Holdings said its interactive media arm, The Asia One Network, has added three websites to its online offerings Hardwarezone.com, a technology portal; Game Axis.com, a games review website; and Men's Health Online. The Asia One Network now has 28 websites in its51 words
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Article310 2009-07-23 5 JAMIE LEE - JAMIE LEE By SINGAPORE Mercantile Exchange (SMX) has appointed Standard Chartered Bank its first clearing and settlement bank. The exchange is also in talks with at least three other lenders to sign them on as clearing banks by yearend, SMX chief executive Thomas McMahon told310 words
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310 2009-07-23 5 TEH SHI NING - TEH SHI NING By ALL resolutions at Frasers Commercial Trust's (FCOT) extraordinary general meeting, including its proposal to raise $214 million in a three-for-one rights issue and the acquisition of a property from its sponsor for $342.5 million, were passed by unitholders yesterday.310 words
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674 2009-07-23 7 R SIVANITHY - R SIVANITHY THE appointment of former Nasdaq OMX president Magnus Bocker as the new chief executive officer of the Singapore Exchange (SGX) raises some interesting questions, not least of which is: does his appointment signal a switch in strategic direction for674 words
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237 2009-07-23 7 ST MARINE, the marine arm of Singapore Technologies Engineering (ST Engg), has clinched two environmental contracts worth about $12.5 million in China and the United Arab Emirates (UAE). The deals were awarded to STSE Engineering Services Pte Ltd and ST Environmental Services237 words
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Advertisement274 2009-07-23 4 SINGAPORE'S ESSfI IT CONSUMER TECHNOLOGY EXHIBITION www.comexshow.com.sg 111 ■•MEWfllE&l SINGAPORE'S BIGGEST IT EXHIBITION OF THE YEAR! STAND TO WIN IST PRIZE OF $20,000 CASH AND OTHER CASH PRIZES! (ONE COUPON TOR EVERY 100 PAID OR DEPOSIT PLACED DURING THE 4 DAYS) 5 820 345,000 Showfloors with 4 metres Leading Manufacturers274 words
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Advertisement11 2009-07-23 4 Call 6-222 6868 to find out Account Serve mOPG tOQ3y. www.AccountServe.com.sg11 words
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Advertisement823 2009-07-23 5 A MAIS v tue matted nc 1 IN THE MAnER OF IN THE MATTER OF TUP rHMPimPS APT PAP en THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT CAP 5D AND AND AND N THE MATTER OF IN THE MATTER OF IN THE MATTER OF823 words
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Advertisement458 2009-07-23 5 fi made easier. F m Invest in an asset class that has stood the test of time Diversify your portfolio with SPDR® Gold Shares "GLD" In a constantly changing market, gold is an asset that has stood the test of time. It is an effective inflation hedge and an investment458 words
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SINGAPORE MARKETS
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Article, Illustration576 2009-07-23 6 R SIVANITHY - R SIVANITHY STOCKS A handful of stocks livened up what was otherwise a cautious session TO USE a football analogy, yesterday's session was very much a game of two halves the first marked by a run-up in stock prices in response to WallBloomberg - 576 words
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Article98 2009-07-23 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 8 5 0 0 0 3 8 5 lanufacturing 55 57 72 10 58 66 82 Commerce 19 18 31 24 20 38 'pt/Stor/Comms 25 11 27 12 :inance 14 13 15 13 Construction 1098 words
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Article115 2009-07-23 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 22,845 22,845 94,789 94,789 lanufacturing 394,808 33,182 427,990 241,470 1,746 243,215 lommerce 112,641 8,158 120,799 109,647 2,150 111,797 'pt/Stor/Comms 164,110 1,164 165,274 268,534 234 268,768 :i nance 28,848 20 28,868 206,356 206,357 lonstruction 112,965 11,422 124,387 27,821 171 27,991115 words
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Article102 2009-07-23 6 lapitaLand 3.730 -0.030 lapitaMall 1.530 +0.020 jtyDev 9.490 -0.340 lomfortDelGrc 1.400 -0.020 losco Corp 1.180 -0.030 IBS Grp 12.180 +0.040 :&N 3.860 -0.040 ienting SP 0.770 +0.015 iolden Agri 0.375 +0.010 IK Land 3.690 +0.040 IMH 27.500 -0.020 ISH 15.240 +0.100 lardineC&C 20.100 -0.200 Ceppel Corp102 words
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Article, Illustration915 2009-07-23 6 CONRAD TAN - CONRAD TAN Banking sector AMFRASER SECURITIES, July 21 THE Q2 2009 results season will kick off with OCBC Bank's report on Aug 3, followed by United Overseas Bank (UOB) on Aug 5 and DBS Group on Aug 7. We do not expect major surprises. Provisions will be theBloomberg - 915 words
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Article, Illustration322 2009-07-23 6 Reuters CURRENCIES [TAIPEI] The Indonesian rupiah and Malaysian ringgit led declines in most emerging Asia currencies yesterday as investors avoided some riskier assets after Federal Reserve chairman Ben Bernanke offered a cautious view on the US economy. Mr Bernanke said the outlook for the– Reuters; AFP - 322 words
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Article63 2009-07-23 6 Jul 22 VALUE CLOSE IT OB/OS 875.00+160.C IT CADI -*****.00 -40. IT 10-day MA -*****.00 +88.01 TSE ST Mid Cap 551.23 -2.11 TSE ST Small Cap 455.74 +0.1 TSE ST All Share 597.84 -1.0: TSE ST China Top 250.03 -1.1 TSE ST China 244.34 -1.3: TSE ST63 words
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Article58 2009-07-23 6 VOLUME Golden Agri 107,238,000 Gentinq SP 105,386,000 InnoTek 49,808,000 CapitaComm 47,928,000 RafflesEdu 47,452,000 Keppel Land 43,340,000 NOL 40,406,000 UniFiber 40,118,000 Straits Asia 34,322,000 Sing Tel 29,523,000 VALUE(S) Keppel Land 111,263,830 Sing Tel 98,829,450 Genting SP 81,350,155 Capita Land 75,228,220 DBS Grp 73,505,948 Keppel Corp 69,175,900 NOL 64,345,55058 words
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Article103 2009-07-23 6 CLOSE UP reat Eastern 1250 40.0 3.3 iBXT FTVietnam 10US$ 4176 26.0 0.. >han< iLa Asia 1222 18.6 8. Cor| i.ES.0907 756 17.0 2. IOB 1566 16.0 1.' Venture Cor| 829 16.0 2: ISH 1524 14.4 0. Cor| 750 13.0 1.: •ain irm 624 13.0 1. I seta n103 words
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Article118 2009-07-23 6 :.93%Pref10 BY CENTS CLOSE DOWN 7900-100.0 -1.3 OCBCO GLD 10US$ 9284 -77.9 -0.6 DBXT Ni 10US$ 9359 -73.6 -0.5 UOB 5.05%NCPS 100 9900 -50.0 -0.5 DBXT FTChina25 10US$ 2850 -46.2 -1.1 DBXT S&P Short 10US$ 6534 -41.8 -0.4 STXPO 100 1310 -40.0 -3.0 CITYDEV.ES.0907 951 -34.0 -3.5 At 949118 words
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Article87 2009-07-23 6 Where S$ stands Jul 22 CHNG CLOSE FR Jul 21 YR2009 S$ LOW S$ HIGH USS 1.4437 -0.19 1.5579 1.4308 Euro 2.0493 -0.08 2.0732 1.9150 Pounds 2.3645 0.01 2.4051 2.0356 AS 1.1753 -0.34 1.1816 0.9453 Yen* 1.5436 -0.90 1.7278 1.4831 Rill liah* 0.***** 0.01 0.***** 0.***** Baht* 4.2437 -0.2287 words
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Advertisement1748 2009-07-23 7 BJ pi IjLuaajlßaAilaafliijiJ Call 6-594 7593 today for more info or to join our weekly demo class. A SAS 70 Compliant status conferred to a service organisation is a testimony that the service provider has adequate controls and safeguards in place to host and process the data of its clients.1,748 words
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SINGAPORE NEWS
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Article, Illustration877 2009-07-23 8 Greenpac provides its clients with customised packing solutions, report LIM LI XIA and SIM MEI LING SAMANTHA THE company's name is telling; Greenpac (S) Pte Ltd provides green packaging. But wait, the company offers more than just that. Its vision is to offer total and innovativeARTHUR LEE - 877 words
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Article, Illustration561 2009-07-23 8 LEE U- WEN - LEE U-WEN APEC MEETING Members reaffirm that they will continue to shun protectionist moves By THE Asia-Pacific Economic Cooperation (Apec) economies announced yesterday that the group would be extending its promise not to raise new barriers to global trade and investment for another yearCAROLINE CHIA/THE STRAITS TIMES - 561 words
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317 2009-07-23 8 TEH SHI NING - TEH SHI NING By TRADE restrictions have increased since the onset of the downturn and there is "no room for complacency", Pascal Lamy, director-general of the World Trade Organization (WTO), said yesterday at the launch of the 2009 World Trade Report here. This year's317 words
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391 2009-07-23 8 LEE U- WEN - LEE U-WEN By WHILE any form of regulation can be regarded as a barrier to doing business, proper laws are necessary and serve an important purpose, Singapore Business Federation chief executive officer Teng Theng Dar said yesterday. Addressing more than 100 senior executives from391 words
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Article, Illustration487 2009-07-23 9 CHEN HUIFEN - CHEN HUIFEN There was no winner for National Clinical Excellence Team Award though Reports by MANY view mentorship as a one-way street where knowledge flows from a senior person to a younger one. But Ng Han Seong, emeritus consultant at Singapore General Hospital'sSAMUEL HE/THE STRAITS TIMES - 487 words
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498 2009-07-23 9 THE Ministry of Health has set aside $10 million to fund projects on HINI research and operational issues, with an eye on gearing up for the next wave of the flu outbreak. Announcing this at the National Medical Excellence Awards ceremony last night, Health Minister498 words
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Article303 2009-07-23 9 AAC Acoustic Technologies Holdings opened its new international headquarters and research and development (R&D) centre here yesterday. The company plans to invest about US$4O million in Singapore within the next five years, with about 10-20 per cent going to the setting up of303 words
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367 2009-07-23 9 JAMIE LEE - JAMIE LEE By THE US dollar will not be replaced by special drawing rights (SDRs) as the global reserve currency in the short term, Societe General's head of strategy and economic research Michala Marcussen said yesterday. The SDR is the International Monetary Fund's367 words
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311 2009-07-23 9 COE premiums continue to power ahead and most distributors do not seem surprised. "It's the same reason: a combination of slightly improved sentiment and the sharp cut in the quota," the manager of a mid-size dealership said after yesterday's bidding exercise for certificates311 words
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274 2009-07-23 9 THE Agency for Science, Technology and Research (A*Star), Nanyang Technological University and National University of Singapore are collaborating to offer A*Star scholars the chance to explore careers in academia. The two universities inked an MOU with A*Star yesterday. The three schemes under the A*Star-Academia274 words
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Advertisement79 2009-07-23 8 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. Greenpac was one of the E5O winners in 2008. The annual E5O ranking is co-organised by The Business Times and KPMG, sponsored by OCBC Bank,79 words
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ECONOMY WATCH
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598 2009-07-23 10 Bloomberg Consumer credit fell at an annual 1.6% rate in May to U552.52 trillion [WASHINGTON] For the first time since Harry S Truman was in the White House, Americans are paying back their debt, a phenomenon that just might help– Bloomberg - 598 words
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Article, Illustration504 2009-07-23 10 AP [WASHINGTON] Federal Reserve chairman Ben Bernanke ran into scepticism on Tuesday from US lawmakers wary of expanding the Fed's duties to police big financial companies. They argued that the Fed failed to spot problems that led to the financial crisis in theAP; AFP - 504 words
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499 2009-07-23 10 Bloomberg Decree issued to set up a company to manage proceeds [DUBAI] Dubai is raising the second half of a US$2O billion support fund that aims to help state-con-trolled companies during the global credit crisis and has issued a decree setting up a– Bloomberg - 499 words
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Article, Illustration662 2009-07-23 10 NYT [LOS ANGELES] Even in the *****, Woody Guthrie warned America in a Dust Bowl song that the California dream could not be had on the cheap. Yet relative to other places, the state has historically been a pretty good bargain, with aNYT; AFP - 662 words
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Advertisement741 2009-07-23 10 W^ NOTICES Head Office: 190 avenue Charles-de-Gaulle *****3 Neuilly Cedex (Paris) France Singapore Branch: 7 Temasek Boulevard #07-04/05 CONSOLIDATED BALANCE SHEET CONSOLIDATED PROFIT AND LOSS ACCOUNT as at December 31,2008 for the year ended December 31,2008 2008 2007 ASSETS 2008 2007 Qnthousandsofeums) Onthousandsofewos) BANKING INCOME AND EXPENSE Due from credit741 words
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MALAYSIA/INDONESIA
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432 2009-07-23 11 S JAYASANKARAN - S JAYASANKARAN Demand comes from investors fearful of uncertainty brought on by global crisis By in Kuala Lumpur ALL 1.6 billion units in a state-sponsored unit trust offered for sale yesterday by Permodalan Nasional Bhd, PNB or the National Equity Corporation,432 words
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282 2009-07-23 11 -AP [JAKARTA] One of the wives of Southeast Asia's most-wanted militants was detained for questioning yesterday after last week's bombings at two luxury hotels in the Indonesian capital that killed seven people, local television reported. Anti-terrorism police detained Ariana Rahma, who is married-AP - 282 words
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348 2009-07-23 11 -AFP [KUALA LUMPUR] Malaysia will hold an inquest into the mysterious death of a political aide who apparently plunged from the 14th floor of anti-corruption offices, Prime Minister Najib Razak said yesterday. Teo Beng Hock's body was found last week on-AFP - 348 words
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416 2009-07-23 11 Reuters [JAKARTA] Indonesia Stock Exchange wants several foreign-owned natural resources firms and state-owned enterprises to list, in a bid to lift market capitalisation and liquidity and woo investors, the exchange head said on Tuesday. Ito Warsito, who took over as president director earlier– Reuters - 416 words
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Advertisement18 2009-07-23 11 QgJ IJ^ J^iq gTRATTS TIMES. THE BUSINESS TIMES KIiSstS&JSM" Btrattstimbs. I i.m.r.. b. r.,h ir\ PuHcaßons of S|27l18 words
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GREATER CHINA/INDIA
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432 2009-07-23 12 Reuters TSMC gain expected to be highest in three quarters; UMC back in the black [TAIPEI] Top contract chipmaker TSMC probably made its largest profit in three quarters in the second quarter, while moneylosing rival UMC could have returned to the black thanks– Reuters - 432 words
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215 2009-07-23 12 Bloomberg [NEW DELHI] India may allow State Bank of India to sell new shares by amending a law that caps the government's shareholding in the nation's biggest lender, according to a finance ministry official. The government, which is required to hold at leastBloomberg - 215 words
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496 2009-07-23 12 o Reuters, j Bloomberg Private placement will meet minimum capital requirements [SHANGHAI] China Everbright Bank has agreed to raise more than 11 billion yuan (552.3 billion) in a private placement of shares to meet minimum capital requirements as China's 12th biggest lender prepareso — – Reuters,; j Bloomberg - 496 words
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Article, Illustration316 2009-07-23 12 d Bloomberg More orders, cost cuts help IT firm post 10b rupee net [BANGALORE] Wipro Ltd, India's third-largest software services provider, reported first-quarter profit that beat estimates after the company won more orders and cut costs. Net income gained 13 per centd _ __ _ Bloomberg; AFP - 316 words
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392 2009-07-23 12 Reuters [BEIJING] China has launched an unprecedented plan to offer hefty subsidies to independent solar power projects, a move that sparked a rally in the sector on Tuesday. Shares of Suntech Power Holdings soared 9 per cent, Yingli Green Energy Holding– Reuters - 392 words
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Article220 2009-07-23 12 Reuters [BEIJING] China will again press the United States at high-level talks next week to protect Beijing's extensive US investments by pursuing sound policies and keeping the US dollar stable, a senior official said yesterday. China holds an estimated 70 per cent of its US$2.l3– Reuters - 220 words
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ASIA-PACIFIC/WORLD
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Article, Illustration596 2009-07-23 13 -AP The bank was also hurt by the improving value of its own debt [NEW YORK] Morgan Stanley lost more than US$l.2 billion during the second quarter as it took a charge to repay government bailout money. The investment bank also was hurt-AP; BLOOMBERG - 596 words
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385 2009-07-23 13 AFP [BERLIN] The German government still prefers the bid of Canadian auto parts firm Magna to take over Opel, a subsidiary of struggling General Motors, a spokesman said yesterday, following an initial assessment. Berlin had already expressed a preference for Magna's bid, backedAFP - 385 words
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243 2009-07-23 13 Reuters [NEW YORK] Crude oil futures pared losses after a US government report showed a smaller-than-fore-cast decline in inventories. Supplies fell 1.8 million barrels to 342.7 million barrels in the week ended July 17, the Energy Department said yesterday in a weekly– Reuters - 243 words
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558 2009-07-23 13 Bloomberg Financial crisis wipes out 6 years of earnings last year LOS ANGELES] The California Public Employees' Retirement System, the largest US defmed-benefit public pension, lost 23.4 per cent last year as the global financial crisis and the worst recession since the GreatBloomberg - 558 words
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Article, Illustration453 2009-07-23 13 -AP [MILAN] Italian automaker Fiat yesterday reported its second straight quarterly loss on slumping sales of trucks and farm equipment, while its strong small-car line-up helped staunch the losses thanks to European incentives to scrap old cars and buy-AP; BLOOMBERG - 453 words
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456 2009-07-23 13 Reuters [SEOUL] A rowdy South Korean parliament yesterday passed a set of media and bank ownership laws that form part of the conservative government's delayed reforms to shake up Asia's fourth-largest economy and make it more competitive. Members of parliament (MPs) of both– Reuters - 456 words
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WORLD
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792 2009-07-23 14 Reuters, NYT, Bloomberg It continued to defy the global recession with a 13% jump in fiscal Q3 net [SAN FRANCISCO] While earnings have faltered at other electronics companies, Apple Inc's quarterly profit blew past Wall Street forecasts thanks to strong sales of Macs and iPhonesReuters,; NYT,; Bloomberg - 792 words
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Article, Illustration466 2009-07-23 14 -AP [TOKYO] The Angry Whopper is arriving in Japan, a nation where the competition over hamburgers is as sizzling hot as the new spicy offering from US fastfood chain Burger King. To make sure people got the message, Burger King Corp hosted an-AP; AP - 466 words
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Article, Illustration530 2009-07-23 14 Reuters [LONDON] Portsmouth became the second Premier League club to be owned by investors from the United Arab Emirates when they confirmed on Tuesday a takeover led by Sulaiman al-Fahim. "The owners of Portsmouth Football Club are pleased to announce that an agreement– Reuters; PHOTO: REUTERS - 530 words
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606 2009-07-23 14 AP They range from mandatory unpaid days off to 15% cut [ATLANTIC CITY] It's not so lonely at the top when it comes to the pay cuts sweeping the casino industry. While many gambling houses across the US have laid off hourly workers andAP - 606 words
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342 2009-07-23 14 Reuters Krane says USs36m from Haim Saban was unrelated to illegal tax shelters [LOS ANGELES] BiUionaire media mogul Haim Saban was sued on Tuesday by his jailed former tax attorney, who is trying to hang on to US$36 million in fees that MrReuters - 342 words
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AVIATION/SHIPPING
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345 2009-07-23 15 Reuters [GENEVA] The World Trade Organization is likely to deliver a preliminary ruling in the United States (US) case against European Union (EU) launch aid for Airbus around the end of next month, officials from rival Boeing said on Tuesday.– Reuters - 345 words
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TRANSPORT STOCKS
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Article109 2009-07-23 15 '000 lul 22 Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.50 0.27 1.18 0.55109 words
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Article37 2009-07-23 15 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.95 8.65 8.70 3.22 2.78 0.02 0.09 0.01 unch 0.10 0.04 0.02 unch unch 212 548 430 1965 4 4 436637 words
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Article12 2009-07-23 15 ■oo ■recious Ship Jegional Cont .15.60 ...9.65 -0.20 -0.05 2774 29412 words
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Article15 2009-07-23 15 '000 lul 22 HK$ Vol Doil iingamas Cont 35.60 1.12 unch 1109 0.02 *****15 words
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Article23 2009-07-23 15 '000 >eso Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 17.00 unch 1.00 0.10 0.50 unch 0.30 815 3772 0 1023 words
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Article27 2009-07-23 15 lul 22 NT! Vol Evergreen Marine ....19.50 :irst Steamship 47.10 /Van Hai Lines 15.65 r"ang Ming Marine ..12.80 0.45 unch 0.20 0.20 14 2 2 1827 words
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Article45 2009-07-23 15 '000 lul 22 Yen Vol (awasaki Hvy Ind ..245.00 unch ***** (awasaki Kisen 362.00 -1.00 6623 Mitsubishi Hvy 372.00 4.00 ***** l/litsui Eng&Sbldg ..227.00 2.00 3369 l/litsui Osk Lines 597.00 -9.00 ***** Nippon Express 408.00 11.00 4399 JipponYusen 401.00 -1.00 4431 iource: Thomson Reuters45 words
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Article, Illustration750 2009-07-23 15 Bloomberg Continental and Southwest trim jobs while United trims capacity [ATLANTA] Continental Airlines Inc plans to eliminate 1,700 jobs and Southwest Airlines Co said that 1,400 employees took voluntary buyouts, while United Airlines will shrink international capacity by an additional 7– Bloomberg; BLOOMBERG - 750 words
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248 2009-07-23 15 Bloomberg [KUALA LUMPUR] MMC Corp, the Malaysian builder and port operator, jumped the most in more than eight years in Kuala Lumpur trading amid speculation that the company may win contracts included in the government's stimulus packages. The stock surged as muchBloomberg - 248 words
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114 2009-07-23 15 -AP [KUALA LUMPUR] Malaysian police say they have captured six Indonesian pirates who tried to rob the crew of a diesel tanker. Marine police official Mohamad Khamsani Abdul Rahman says the suspects, armed with knives, stormed the Honduras-reg-istered vessel while it was anchored off-AP - 114 words
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495 2009-07-23 15 Reuters [LONDON] Trade conditions now are even worse than in the *****, a senior shipping industry official said here on Tuesday, with weak global demand and fleet oversupply set to dampen recovery prospects for the seaborne transport sector. Around 90 per cent of the– Reuters - 495 words
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Article2633 2009-07-23 15 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:2,633 words
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Page 15 Miscellaneous
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Miscellaneous328 2009-07-23 15 CRYPTIC CROSSWORD 1 Away team falling into this H__HH__HH__HH__ 9 Australian during storm Rq found small pillar (8) 10 Italian gentleman's groin is 811 injured (7) i ■^■H 11 Term of admission that had HL_HH__HH__ previously been agreed (8) 12 Short commercial break that ffj is not connected (6) 13328 words
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EDITORIAL & OPINION
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Article508 2009-07-23 16 IF the second-quarter flash estimates unveiled last week Singapore's first GDP uptick in five quarters gave cause for cheer, the June trade figures released three days later show just how tenuous the pharma-driven rebound will likely be. As the Ministry of Trade and Industry (MTI) made508 words
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Article, Illustration891 2009-07-23 16 ROBERT SAMUELSON - ROBERT SAMUELSON LATWP Spending boosts, tax cuts are sprinkled in too many places, too delayed for any good now IT'S not surprising that America's much-ballyhooed "economic stimulus" hasn't done much stimulating. President Obama and his aides argue that it's too early to expect startlingLATWP; AFP - 891 words
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Article, Illustration787 2009-07-23 16 LEON HADAR - LEON HADAR THE BOTTOM LINE HE has been described as cool, calm and collected; so poised and so composed. He has the grace of Fred Astaire and the refinement of Cary Grant, the most elegant man to occupy the787 words
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Article, Illustration975 2009-07-23 17 ANTHONY ROWLEY - ANTHONY ROWLEY A DPJ win may shift the balance of Japan's relationship with the world and is key to unlocking the potential of Asia Tokyo Correspondent IT is no exaggeration to say that the coming four or five weeks will be some of theREUTERS - 975 words
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Article, Illustration892 2009-07-23 17 WILLIAM PESEK JR - WILLIAM PESEK JR SONY Corp is channeling the spirit of Michael Jackson. Facing Sony's first back-to-back annual losses in half a century, chief executive officer Howard Stringer is eyeing an obvious payday: film rights to the late star's wildly anticipated last concert rehearsals.892 words
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SINGAPORE STOCKS
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Article8805 2009-07-23 18 Transaction date: Jul 22 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E Smil 10 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 2.58,805 words
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Article1609 2009-07-23 19 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 251,609 words
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Article412 2009-07-23 19 52-Wk Tel High Low Code Last Sale Vol COOP) Day ill Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hi. 110 100 6389 ABFSG Bond ETF 877 427 CIMBAsean40 1OOUS$ 250 149 DBSSTIETF1OO 3600 3534 DBXT DJE50 1OUS$ DBXT DJE50 Sh 1OUS$ 2953412 words
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Article267 2009-07-23 19 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 offer267 words
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Article9378 2009-07-23 19 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.874/ AIGIF Spore Bond Fund/A 1.291/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.99/ APS Alpha Fund (USD)!** 0.69/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5146/ APS Komaba Global9,378 words
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Page 18 Advertisements
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Advertisement23 2009-07-23 18 iUDEMARSPIGUET balance of forces Ie maitre de I'horlogerie depuis 1875 s^S^fe ROYAL OAK COLLECTION B^ y^fflglte^V^^^i^S For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com23 words
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FINANCE & COMMODITIES
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381 2009-07-23 20 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 21 World Index Preliminary 720.4 0.5 6.3 0.7 9.0 0.7 8.1 t EAFE Prel liminai 686.5 1.1 5.7 1.5 10.3 1.5 10.2 Euro[ Prelim381 words
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Article121 2009-07-23 20 As at 9am Jul 22 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.1650 1.2000 .an dollar 1.2970 1.3120 luro 2.0370 2.0600 IZ dollar 0.9380 0.9590 iterlini ind 2.3560 2.3820 JS dollar 1.4350 1.4520 .ocal dollars to 100 units if foreign121 words
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Article157 2009-07-23 20 Jul 22 Xterniqht 1/8 -month 7/16 -months 9/16 l-months 11/16 Overnight mode: 0.08 IS$ Offer 1/16 3/16 5/16 7/16 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 0.70 1.10 1.20157 words
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Article25 2009-07-23 20 Jul 22 STI 2450 2478 2449 IIMSCI Jul 295.6 299.6 295.2 "aiwan Jul 253.1 256 253.9 Source: MF Global (S) He. Ltd25 words
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Article21 2009-07-23 20 Jul 22 Bid Offer 1-month 1.4425 1.4455 2-months 1.4425 1.4456 3-months 1.4425 1.4456 6-months 1.4425 1.4458 Source: OCBC21 words
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Article58 2009-07-23 20 Jul 22 lelivery flonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position \ugO9 2164 2120 2164 2120 372 iep 09 2133 2095 2142 2088 2894 3d 09 2126 2083 2135 2078 ***** tovO9 2125 2089 2135 2078 4282 Total o/p: ***** contracts Turnover: *****58 words
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Article286 2009-07-23 20 Jul 22 URODOLLAR FUTURES >epO9 DecO9 VlariO lun10 99.4750 99.2900 99.0800 98.7600 6943 4578 3516 3605 EUROYEN TIBOR FUTURES >epO9 99.485 99.485 DecO9 99.500 99.500 VlariO un10 >ep10 DedO Vlar11 un11 99.480 99.500 99.480 99.515 99.530 99.510 99.455 99.410 99.325 99.265 ***** 3512 2591 1338 421 420286 words
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Article177 2009-07-23 20 Jul 22 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) <\ugO9 180.0 >ep 09 3d 09 MOV09 Dec 09 Ian 10 180.0 180.0 180.0 179.0 179.0 179.0 179.8 10 40 40 80 364 644 1012 942 1281 363 FSR177 words
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Article86 2009-07-23 20 Jul22 '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 NY*****X86 words
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Article100 2009-07-23 20 Jul 21 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Aug 09 1014.50 1033.00 1040.00 1005.25 SepO9 941.50 960.50 966.50 933.50 Nov09 905.00 923.00 926.00 895.50 Jan 10 912.25 930.00 932.25 903.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low <Uig 09 34.77 35.34 35.49 34.50 5ep09 34.93100 words
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Article75 2009-07-23 20 CRUDE OIL PRODUCTS Jul 21 origin] t/barrel Close Cham irent blend (1-Mth F) 67.10 1.34 VTI (Near Mth) 64.78 0.46 iubai (1-Mth F) 65.00 0.11 "apis blend 71.25 0.10 i/linas 67.70 0.10 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 61.77 74.40 0.22 0.68 US$/barrel )pec Oil Basket Price75 words
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Article463 2009-07-23 20 Jul 22 AS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS Australia 0.902 5.565 0.574 6.314 39.562 82.040 0.762 10.189 2.894 1.244 66.862 39.203 1.176 6.378 0.871 26.771 27.704 0.499 0.815 Canada 1.108 6.167 0.637 6.997 43.843463 words
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Article65 2009-07-23 20 Jul22 mth 0.***** 0.***** mths 0.***** 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** mths 0.***** 0.***** mths mths 2 mths 0.***** 1.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 1265 words
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Article141 2009-07-23 20 Jul 22 /oz) Hong Kong 946.20 943.70 947.20 944.70 Jul 20 Jul 21 948.40 949.15 M Sellim Bui rim .ondon 1 oz 1530.1 138; UBS GOLD LUNAR KINEBAR (SS) Selling Buyini Source: Thomson Reuters 10gm SILVER $536.07 Selling Bu' 44( /im CAST BAR (S$) Jul 22 Buying Passbook141 words
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Article154 2009-07-23 20 Jul 22 Against SS lurrencies Bid Offer Against USS Bid Offer >$IUS$ to one unit of foreign currency: Australian dollar 1.1750 1.1777 0.8146 0.8148 'anadian dollar 1.3019 1.3053 0.9026 0.9031 iuro 2.0458 2.0504 1.4183 1.4186 IZ dollar 0.9446 0.9473 0.6549 0.6554 jterlini ind 2.3557 2.3611 1.6332 1.6335154 words
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Article70 2009-07-23 20 Jul 21 minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 1687.00 3 months 1715.00 1683.50 1711.00 Copper, Grade A (US$/tonne) Cash 3 months 5386.75 5400.00 5338.75 5350.00 Lead (US$/tonne) Cash 1666.75 3 months 1689.00 1682.25 1705.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash70 words
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Article76 2009-07-23 20 Jul 21 :OCOA (Btonne) Close Prev Hii ih/Low Sep 09 1824 1808 1828/1800 Dec 09 1836 1818 1838/1810 Mar 10 1833 1817 1834/1811 May 10 1826 1811 1825/1810 COFFEE (USS/tonne) Close Pev High/Low Jul 09 1487 1499 Sep 09 1501 1513 1528/1491 Nov 09 1525 1537 1550/1516 SUGAR (US76 words
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2266 2009-07-23 20 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6.. >036AdvanceSCTLtdW*****9 Allgreen Prop.ES.0907 Ascendas Reit.ES.0907 1 3.5 0.5 unch 50 98 .167 xd 1 15 9 4.86 1 87 1491 11.00 58 13 3092 Asia Environment2,266 words
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Page 21 Advertisements
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Advertisement3447 2009-07-23 21 m The Business Times Shipping Times m\ M^^\ RPP m\\\ wan hai international pte ltd uen *****4695 M W £T___r^_l W E__-_h aJß^wtyaEl'mgil BBS ll\T^i\ iaiam mm i nirr TEL:*****588 04 lines) fax:*****163 1 ___^^^M 9 IM2^^l^^_l HvP^WWIBHSiWHB I WAN HAI INE__I PKL lEL (03) *****58S FAX: {OS) *****28S PEN3,447 words
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Page 22 Advertisements
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Advertisement4862 2009-07-23 22 FS^^^^^^^^^^^^^^^^H linn EASTERN CAR LINER, LTD I l^^ffißQDßjM lV_""^___i specialize in roro heavy lift uPTo 450 tons [gggafJ KMaaMJllaaaanaagi mmmmmmm^mmmmmmm^ mmmmmj mm^^sm^^^m9^mmmmmmmmm^ w^T^Tg^mmmmmmr^yr,, i Romp(KT) i Li n inq(KT) i S N i PKL i )KT i KU( iKK i BTL i ™"'s" "fi Wlil'illifilriilM PCL/PHL SERVICE AMX SERVICE Connecting4,862 words
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BizIT
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Article, Illustration621 2009-07-23 23 Funding for chosen start-ups is capped at $50,000 per project, reports WINSTON CHAI A LOCAL technology association will be handing out more than a million dollars to spur digital media research. However, the chosen start-ups will have to meet a stringent set of criteria beforeFILE PHOTO - 621 words
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396 2009-07-23 23 Reuters [NEW YORK] IBM is set to begin shipping new Unix servers using nextgeneration microprocessors called Power 7 in the first half of 2010, in an attempt to win more customers away from rivals such as Sun Microsystems Inc and Hewlett-Packard Co.– Reuters - 396 words
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Article, Illustration534 2009-07-23 24 ONG BOON KIAT - ONG BOON KIAT Not clear if Sing Tel has enough stocks to immediately satisfy enormous demand By FIRST, the euphoria of seeing the iPhone 3GS land in Singapore, but now could come the agonising wait for a contingent ofFILE PHOTO - 534 words
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336 2009-07-23 24 BRANDON CHEW - BRANDON CHEW By THE Nanyang Technological University (NTU) is now the owner of the fastest supercomputer in Asean. The university and tech giant IBM yesterday announced the installation of the supercomputer at its on-campus High Performance Computing (HPC) centre. As well as being fast,336 words
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218 2009-07-23 24 -AP [TOKYO] After losing its battle to make the HD-DVD the successor to the DVD, Toshiba Corp is considering making products in the winning format, Blu-ray. Although Blu-ray is backed by Toshiba competitors such as Sony Corp and Panasonic Corp, Toshiba has little-AP - 218 words
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Article, Illustration488 2009-07-23 24 Reuters CIOs see buying activity gathering pace in 2010: survey [LONDON] US and European IT budgets are expected to fall 2 per cent over the next year, less than the 5 per cent decline expected three months ago, according to a survey of 100Reuters; AFP - 488 words
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Page 23 Advertisements
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Advertisement428 2009-07-23 23 ADVERTISING FEATURE There were many reasons for The three breakout sessions were so salesforce.com to celebrate. The popular, there was standing room only P* -I company announced to a packed at each of them. At the Sales Cloud L _M Cj ballroom of over a thousand attendees breakout session, participants428 words
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Page 24 Advertisements
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Advertisement264 2009-07-23 24 Date: 30 Jul 09, Thursday Venue: 8 Wilkie Road t- nnn nn #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 7594264 words
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PROPERTY
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887 2009-07-23 25 Bloomberg Owners who need to sell their property but can't are being forced to lease [MADRID] Arancha Ibarra considers herself one of the lucky victims of Spain's housing collapse. After struggling to find a buyer for her renovated two-bedroom apartment in Madrid■ Bloomberg - 887 words
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Article, Illustration460 2009-07-23 26 -AP Former owner still wants to transform it into a luxury hotel [WASHINGTON] The Watergate Hotel, part of the complex made famous by a US presidential scandal, failed to attract any bids at auction on Tuesday and was taken back by the lender that-AP; AP - 460 words
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Article469 2009-07-23 27 KALPANA RASHIWALA - KALPANA RASHIWALA URA gets offer for 99-year leasehold site on reserve list at Dakota Crescent By [SINGAPORE] For the second time this week, a 99-year leasehold condo site on the government reserve list has been triggered for launch. Urban Redevelopment Authority said yesterday469 words
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274 2009-07-23 27 'The Sydney Collection' exhibition on at St Regis Singapore this weekend [SINGAPORE] Frasers Property Australia, an overseas arm of Frasers Centrepoint, is holding an exhibition of its Sydney residential projects here this weekend. The Sydney Collection comprising Lumiere Residences, Lome Killara and Trio is274 words
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Page 25 Advertisements
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Advertisement666 2009-07-23 25 LaiißiiiiiUljiiill vivVV/ly vJ rA. J. J LAND PARCEL BUKIT PAN JANG SlOa^^^^^H I^J MX \^*K Af/■* AT CHESTNUT AVENUE Near to Upper Peirce Reservoir I "^T \l I JU I and Bukit Timah Nature Reserve. P*\ %v \J\J\ N\J/ \L\/V <2> o •Well-served by the Bukit Timah/ Proudly Presented To666 words
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Page 26 Advertisements
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Advertisement373 2009-07-23 26 Save on your Housing Loan!!! Free Housing Loan advice even Mr KIdSU talks about! /"*A HKI 1.50% 2 Years Fixed Rate (^T7^ \(-\i] RBIIS 148% Variable Board Rate V^ \JJ%S/ 1.30% Variable Reference Rate /Tkr^^L nn. ■f Up to 2% Penalty Subsidy/Cash Rebate j ITRMS '*ef'nance up to 2X of373 words
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Advertisement277 2009-07-23 26 LEASE: Commercial Premises Attractive Rate CBD Area Nearby MRT Brand new 5 sty Building Carpenter St *****f to 15,0005f Far East Square 10,000 to 21,0005f. 6 Sty Building South Bridge Rd 12,0005f. Nearby Raffles MRT Fuji Xerox Tower 7,000 to 20,0005f City Fringe New Service Office Beach Rd with Pool277 words
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Page 27 Advertisements
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Advertisement1845 2009-07-23 27 F7T77TITTTTIr^F^ an iwrfllll z pco* A^m i M 'ft t I broughttovoubySPHNewMed-PteLtd H___~[____M_ M J )k\m^mmwmlm f^*****_\ /|||f^ HOW TO ZAP: Download software by SMS-ing the word 'zap "to ***** (post-paid, HHfl 111 or 9741 -9401 (pre-paid). Zap the colour code found in the Savills advertisement. i l^B a^^H I1,845 words
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Advertisement37 2009-07-23 27 Blllll§||p^i^aß^^wßiSW!B Prime District 9 Devonshire Brand new luxurious condominium Freehold, just TOP Full condominium facilities Minutes to Orchard premier shopping malls 2/3/4 Bedrooms Penthouses available Please contact: Steeve Tan +65 8133 2288 steeve.tan-sp@cbre.com.sg wbnE CB RICHARD ELLIS37 words
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LANDED HOMES
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Article, Illustration957 2009-07-23 28 While most bungalow plots are in the central and eastern districts, they can be found anywhere in Singapore, reports ARTHUR SIM IT'S not called house hunting for nothing. But if you find a gem of a home, the effort will be very much worthwhile.FILE PHOTO - 957 words
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Advertisement390 2009-07-23 28 This is the second of a four-part series brought to you by Real Star premier property consultant I M Real Star Premier Property Consultants, I V ™^J E_lj9 I 'i 1 a locally-owned enterprise, is without a I W^k m IPmm aT <H BM doubt, the leader in bungalow sales390 words
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