The Business Times, 28 July 2009

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Microfilm: NL30092
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Tuesday, July 28,2009
    20 words
  • Article
    Lock icon Manager's killing flags restructuring woes in China
    729 1  -  ANTHONY ROWLEY State enterprises may be overstaffed, but Jilin incident shows there are no easy solutions By in Tokyo THE manager of an overstaffed steel plant in China's Jilin province was beaten to death last week by workers angry over a plan to
    729 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      50 1 lorn lay lange KL COMP 1,156.43 +0.55 NIKKEI 225 10,088.66 +144.11 HANG SENG 20,251.62 +268.83 SET INDEX 617.83 +3.59 JAKARTA COMP 2,209.10 +23.44 MANILA COMP 2,732.62 +56.15 SEOUL COMP 1,524.05 +21.46 SHENZHEN B 549.93 +5.17 MUMBAI IND 15,375.04 -3.92 12 noon EDT Change DOW 9,057.04 -36.20 NASDAQ 1,955.15 -10.81
      50 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.962 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      45 1 IS$ (S$ )er US$) 1.441 (US$/S$ )er 1.645 2.370 ;URO (USS/SS/E) 1.425 2.053 Foreign currency per US$ S$ 'EN 95.00 65.90 3.520 2.443 IK$ 7.750 5.379 !AHT 33.98 23.58 WPIAH 9,952 6,908 lENMINBI 6.832 4.742 INDIAN RUPEE 48.21 33.46 1.218 0.845 IZ$ 1.521 1.056
      45 words
  • Article, Illustration
    Lock icon Couple sue NTUC Income over reverse mortgage deal gone sour
    509 1  -  CHEW XIANG By [SINGAPORE] A couple are suing NTUC Income in what is seen as a test case over a reverse mortgage deal in which their property was sold amidst falling property prices. Derek Chua, who is in his 70s
    YEN MENG JIIN  -  509 words
  • Article
    Lock icon Sharpest rise in US new-home sales in 8 years
    475 1 Bloomberg, Reuters June's 11% gain points to housing slump stabilising [WASHINGTON] Purchases of new homes in the US climbed 11 per cent last month, the biggest gain in eight years, underscoring evidence that the deepest housing slump since the Great Depression
    Bloomberg, Reuters  -  475 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      63 1 (/f^U FORMULA ONE PROPERTY OPINION ***j MALAYSIA Massa's racing future Centre to help mall Bernanke: a matter^^^^SpiS^^ Najib vows to cut in doubt set service benchmark of credibility K^rfM 0 crime, tackle graft L^Jmrnm, M PAGE 3 RAGE 28 RAGE 21 i RAGE 2 i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^i^ i^i^i^^^ H^t^r REITS Trusts' resilience
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    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      24 1 ENTREPRENEURS UNDER 30 ii JlMfliflnHH l' ii'i','," rX^ 'i'** SME Inc focuses on start-ups driven by the bold and the young PAGES 10 11
      24 words
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  • TOP STORIES
    • Article
      Lock icon CapitaLand answers A$281.6m cash call
      528 2  -  EMILYN YAP Australand posts first-half loss, to raise As47sm from rights issue By I [SINGAPORE] CapitaLand will inject A5281.6 million (*****.1 million) into Australand by taking up its full entitlement in the Australian property unit's A5475 million rights issue. Sydney-based Australand which yesterday post- ed
      528 words
    • Article, Illustration
      Lock icon Najib vows to cut crime by 20%, tackle graft
      497 2 Reuters Opposition leader questions political will to deliver [KUALA LUMPUR] Malaysian premier Najib Razak announced yesterday more populist measures aimed at boosting investment and countering opposition gains, including a promise to slash street crime. Mr Najib said that the government would
      – Reuters; AP  -  497 words
    • Article
      Lock icon Peering up from the depths of the recession
      869 2 Reuters Even a slight rebound makes things look better than they are [WASHINGTON] The nice thing about a deep recession is that it doesn't take much of a rebound to make the official data look healthy even if the economy is not.
      – Reuters  -  869 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Manager's killing flags restructuring woes in China
        55 2 THE manager of an overstaffed steel plant in China's Jilin province was beaten to death last week by workers angry over a plan to drastically restructure the company. The incident is a "wake-up call" for the authorities to handle industrial restructuring and unemployment
        55 words
      • Article
        Lock icon Couple sue over reverse mortgage deal gone sour
        65 2 A COUPLE are suing NTUC Income in what is seen as a test case after a reverse mortgage deal fell victim to falling property prices. Derek Chua, who is in his 70s, and wife Colleen Ng, in her late 50s, claim that
        65 words
      • Article
        Lock icon Biggest rise in US new-home sales in 8 years
        45 2 PURCHASES of new homes in the US climbed 11 per cent last month, the biggest gain in eight years, underscoring evidence that the deepest housing slump since the Great Depression is starting to stabilise. FRONT PAGE
        45 words
      • Article
        Lock icon Australand raising A$475m via rights issue
        56 2 CAPITALAND will inject A5281.6 million (*****.1 million) into Australand by taking up its full entitlement in the Australian property unit's A5475 million rights issue. Sydney-based Australand yesterday posted a first-half net loss of A5268.8 million. It is the company's second rights issue in about
        56 words
      • Article
        Lock icon Draft European rule to hurt S'pore funds
        49 2 A PROPOSED new rule that the European Commission plans to slap on hedge funds will make it unduly difficult for Singapore-based managers to access the European market, the local chapter of the Alternative Investment Management Association has warned. TOP STORIES, PAGE 3
        49 words
      • Article
        Lock icon Trusts' resilience boosts Reit index
        62 2 INVESTORS are heaving a sigh of relief and putting some money back into the stock market following better-than-expected results from some real estate investment trusts (Reits). The FTSE ST Real Estate Investment Trusts Index has risen by almost 4 per cent on heavier trading volume
        62 words
      • Article
        Lock icon Singapore-Aussie trade tops $26b
        57 2 SIX years after a free trade agreement was signed, bilateral trade between Singapore and Australia has more than doubled from $12 billion in 2003 to $26 billion last year. Foreign Affairs Minister George Yeo said yesterday that the FTA was crucial in promoting closer links between
        57 words
      • Article
        Lock icon Japan to push medical tourism from September
        62 2 JAPAN plans to market medical services to wealthy tourists for income to help the country cope with rising cost of its ageing society. The nation should target rich visitors from Asia and the Russian Far East to turn its healthcare industry "from a
        62 words
      • Article
        Lock icon VW may raise up to 4b euros: FT report
        58 2 VOLKSWAGEN, Europe's largest carmaker, is considering raising up to four billion euros (SsB.2 billion), the Financial Times reported yesterday. An analyst said that the capital increase would enable VW to maintain its low-A ratings on S&P and Moody's despite the planned
        58 words
      • Article
        Lock icon Virgin Blue seeks to raise A$231m in share sale
        86 2 VIRGIN Blue Holdings Ltd, Australia's second-largest airline, is looking to raise A5231.4 million (*****.9 miUion) in a heavily discounted share sale after warning yesterday that it was likely to post a full-year loss. The airline said that the money would help
        86 words
      • Article
        Lock icon Full-year losses seen at Nippon Yusen, K-Line
        47 2 Nippon Yusen KK and Kawasaki Kisen Kaisha Ltd, Japan's largest and third-largest snipping lines respectively, forecast full-year losses as recessions in the US and Europe slashed demand. Nippon Yusen fell the most in more than 10 weeks. SHIPPING, PAGE 19
        47 words
    • Article, Illustration
      Lock icon Doubts over Massa's future in racing
      504 3 -AFP, Reuters [BUDAPEST] Injured Formula One driver Felipe Massa is out of imminent life-threatening danger but is being kept under sedation to protect his brain after his accident, doctors said yesterday. The Ferrari driver suffered skull and eye injuries when he was hit on
      -AFP, Reuters; AFP  -  504 words
    • Article
      Lock icon Draft European rule to hurt S'pore funds
      451 3  -  OH BOON PING Managers will need special marketing passport to access European market By [SINGAPORE] A proposed new rule that the European Commission plans to slap on hedge funds will make it unduly difficult for Singa-pore-based managers to access the European market, the
      451 words
    • Article
      Lock icon Prices of oil's waste product catching up with crude
      1104 3 Bloomberg Fuel oil prices have doubled as output shrinks and China's imports expand [SINGAPORE] Fuel oil, the waste left after making gasoline and diesel, is becoming as valuable as crude for the first time in six years. Prices have doubled this
      – Bloomberg  -  1,104 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      193 3 A member of psb deader It's about keeping pace with a tumultuous business world. Equip yourself with updated knowledge and a prestigious MBA to move ahead in your career. PSB Academy and The University of Nottingham believe in bringing relevant learning to managers and professionals who are both discerning and
      193 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Trusts' resilience boosts Reit index
      479 4  -  EMILYN YAP Better than expected results from Reits for Q2, revised GDP forecasts lead investors to turn positive on outlook By INVESTORS are heaving a sigh of relief and putting some money back into the stock market following better-than-ex-pected results from some real estate investment
      FILFE PHOTO  -  479 words
    • Article
      Lock icon AWT: cooperate for a win-win outcome
      651 4  -  OH BOON PING FOR minority shareholders, there's nothing better than a tussle for control of their shares as it often unlocks value and raises the stock price to levels it would be unlikely to reach under normal circumstances. But this is certainly not true
      651 words
    • Article
      Lock icon JP Morgan expects up to 10 IPOs worth US$200m each
      471 4  -  JAMIE LEE By JP MORGAN expects as many as 10 initial public offers of about US$2OO million each in Singapore by the end of the year, senior bankers said yesterday. "You're probably looking at six to 10 IPOs at over
      471 words
    • Article, Illustration
      Lock icon SATSQI profit up 17.1%, SIAEC net down 23.2%
      582 5  -  JOYCE HOOI SATS results helped by contribution from Singapore Food Industries By AS TWO subsidiaries that are slated to part ways soon where their parent company is concerned, Singapore Airline Terminal Services (SATS) and SIA Engineering Company (SIAEC) had dramatically differing first-quarter
      FILE PHOTO  -  582 words
    • Article, Illustration
      Lock icon Z-Obee sets sights on Chinese market
      481 5  -  BRITTANY KHOO By CELLPHONE designer and maker Z-Obee Holdings markets its mobile handsets under the VIM brand, relying on its competitive advantage as a full-set solutions house to lower costs and increase efficiency. At present, Z-Obee has formed a complete production chain integrating testing,
      481 words
    • Article
      Lock icon GMG raising $100m through rights issue
      362 5  -  WINSTON CHAI See Hup Seng also seeking funds through rights issue of warrants By RUBBER producer GMG Global and corrosion prevention service provider See Hup Seng are both in the market to raise funds of $100 million and $1.7 million respectively. GMG Global plans
      362 words
    • Article
      Lock icon Olam said to be in talks for $300m loan
      181 5 Bloomberg [SINGAPORE] Olam International Ltd, Asia-Pacific's biggest food distributor, is in talks with banks to raise $3 00 million in a three-year loan, according to two people familiar with the matter. The Singapore-based company is negotiating with lenders including Standard Chartered
      – Bloomberg  -  181 words
    • Article, Illustration
      Lock icon Public projects boost OKP's Q2 net 91% to $3.6m
      399 5  -  CHEN HUIFEN By INFRASTRUCTURE and civil engineering firm OKP Holdings has reported a 91.1 per cent surge in sec-ond-quarter earnings to $3.6 million, buoyed by a robust flow of public sector projects. For the three months ended June 30, revenue rose
      FILE PHOTO  -  399 words
    • Article
      Lock icon Oceanus posts 79.5m yuan profit for Q2
      317 7  -  TEH SHI NING By ABALONE producer Oceanus Group yesterday reported a net profit of 79.5 million yuan (5516.8 million) for its second quarter ended June 30 a turnaround from the year-ago period when goodwill write-off gave it a net loss of 36.7 million
      317 words
    • Article
      Lock icon Raffles Medical Q2 net profit up 13.8%
      538 7  -  CHEN HUIFEN $8.78m earnings come on back of 6.5% rise in revenue to $53.91 m By THE spread of the HINI flu virus in Singapore has turned out to be both boon and bane for Raffles Medical Group, as the healthcare services provider
      538 words
    • Article, Illustration
      Lock icon Phase 1 of GuocoLand's Ascot Park all sold
      273 7 THE first phase of GuocoLand's Ascot Park project in Nanjing, China has been fully sold, the group said yesterday. Phase 1 of Ascot Park comprising 594 units with a mix of 2 and 3-bedroom units in sizes ranging from 87 to 130
      273 words
    • Article
      Lock icon At a glance
      483 7 6-month and Q2 results ended June 2009 I 6 months ended June 2009 3 months ended June 2009 1 KeppelCorp 1024.82 561.021 82.7 I 6179.721 4853.94 I 27.3 739.53 299.30 147.1 3201.75 I 2642.58 I 21.2 2 CapitaMall Trust 135.36 122.14 10.8 273.17 246.70 10.7 67.12 57.62
      483 words
    • COMPANY BRIEFS
      • Article
        Lock icon Chemoil majority owner still in talks
        107 7 CHEMOIL Energy said its majority shareholder has informed the company that it is still in talks involving a possible sale of some or all of its shares in the company. It noted that at this juncture, the discussions may or may not materialise into
        107 words
      • Article
        Lock icon Boustead unit wins $27m contracts
        88 7 BOUSTEAD Singapore said its energy-related engineering division has secured contracts totalling $27 million from the global oil and gas industries. The latest contracts involve the design, process engineering and construction of key process equipment for large refineries and gas processing plants located in Algeria, Australia,
        88 words
      • Article
        Lock icon Fuxing China warns of lower earnings
        124 7 FUXING China Group warned yesterday that the group expects to register a significantly lower net profit for the second quarter ended June 30, 2009. Demand for zipper and zipper products remains weak, while intense competition had lowered the average selling price of the group's
        124 words
      • Article
        Lock icon PSL taking action to recover money due
        44 7 PSL Holdings said it is owed an outstanding amount of about $586,575 by OKH Holdings Pte Ltd for micro-piling works completed by the group. PSL added that it intends to commence legal proceedings to recover the amount.
        44 words
    • Article
      Lock icon Fall in licensing revenue hits Biosensors
      439 7  -  CHEN HUIFEN By THE absence of a lump sum licensing payment has led Biosensors International Group to post a lower first-quarter net profit of US$4.2 million, down from US$l6.5 million in the same period last year. But the heart stent company is not wavering
      439 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      1220 4 NOTICES smt I SURFACE MOUNT TECHNOLOGY (HOLDINGS) LIMITED Company Registration No.: ***** (Incorporated in Bermuda with limited liability) NOTICE OF EXPIRY OF WARRANTS To: ALL HOLDERS OF WARRANTS TO SUBSCRIBE FOR NEW SHARES IN SURFACE MOUNT TECHNOLOGY (HOLDINGS) LIMITED (the "Company") THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION
      1,220 words
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      Lock icon Page 4 Advertisements Column 2
      68 4 Raffles Conversations 2008 EDITION i^%*w^ 52 interviews by Business Times journalists /mmm^ The diverse experiences of some Jm of the most influential thinkers, Mm A corporate chiefs and social MM w^amm\ w" activists of the age Mm m* l^N/v\ ir^E HEP*'*\ '<•*'''' ''"''°"°a f "-'"■''Vv"'-*^;"'".™ i, v«^\%! "%v -i '<■<.
      68 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Liquidity, momentum fuel rise
      584 6  -  R SIVANITHY STOCKS STI gains 43.23 points in frenzied trading but concerns over Wall Street see market closing below day's high AS PREDICTED in this column yesterday, liquidity and momentum favoured stocks yesterday. Both factors featured prominently in a 43.23-point rise in the Straits Times Index
      : Bloomberg  -  584 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      99 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 112 3 0 0 0 112 3 Manufacturing 104 39 57 12 113 43 69 Commerce 36 17 22 39 22 28 Tpt/Stor/Comms 25 10 25 11 10 Finance 19 19 Construction 15
      99 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 35,519 35,519 79,716 79,716 lanufacturing 763,791 39,759 803,550 363,355 1,741 365,095 lommerce 455,666 30,232 485,898 138,410 10,392 148,802 'pt/Stor/Comms 221,981 8,109 230,090 326,946 2,003 328,949 :i nance 44,417 44,417 302,682 302,682 lonstruction 358,929 16,018 374,947 72,086 249 72,336 'roperties
      117 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      101 6 lapitaLand 3.940 -0.030 lapitaMall 1.580 jtyDev 9.740 -0.120 lomfortDelGrc 1.490 +0.040 losco Corp 1.260 +0.040 IBS Grp 13.000 +0.400 :&N 4.140 +0.190 ienting SP 0.835 iolden Agri 0.380 IK Land 3.900 IMH 27.560 +0.240 ISH 15.660 -0.400 lardineC&C 21.700 +0.240 Ceppel Corp 7.910 -0.070 IOL 1.630
      101 words
    • Article
      Lock icon BROKERS' TAKE
      257 6  -  JOYCE HOOI Raffles Medical Group (RFMD) July 27 close: $1.09 CIMB-GK RESEARCH, July 27 Q2 2009 PATMI was up 14 per cent y-o-y to $8.8 million, within street and our expectations. RFMD has always been disciplined on the cost side. The group managed to limit operating cost increases
      257 words
    • Article, Illustration
      Lock icon STI could test 2,604 resistance
      224 6  -  KEN TAI CHARTPOINT LAST week, the Straits Times Index put in a respectable 102.47-point gain on a week-on-week basis. As market breadth and ADX continue to improve, we are optimistic that the STI could test the 2,604 resistance in the near term. Uptrend is strengthening.
      Bloomberg  -  224 words
    • Article, Illustration
      Lock icon US$ falls as investors take on more risk
      587 6 CURRENCIES [LONDON] The US dollar index fell to its lowest level since early June yesterday as gains in equities and oil encouraged investors to take on more risk, prompting strong gains for the euro and commodity-linked currencies. European shares rose 0.6 per
      AFP  -  587 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      61 6 Jul 27 VALUE CLOSE BT OB/OS 1702.00+380.0 BT CADI -*****.00+191.0 BT 10-day MA -*****.00+171.0 FTSE ST Mid Cap 578.10 +5.40 FTSE ST Small Cap 489.67 +8.18 FTSE ST All Share 628.92 +9.82 FTSE ST China Top 269.21 +7.47 FTSE ST China 264.00 +8.58 FTSE ST Catalist 1213.35
      61 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      54 6 VOLUME BanJoo 135,314,000 UniFiber 129,400,000 China Honqxinq 126,829,000 Golden Aqri 102,065,000 Gentinq SP 96,375,000 Abterra 90,809,000 Midas 64,663,000 FrasersComm 61,818,000 ChinaSports 57,457,000 Lian Benq 54,220,000 VALUE(S) SingTel 130,960,600 DBS Grp 118,050,771 SGX 83,367,505 Gentinq SP 81,554,245 CapitaLand 79,009,180 Midas 54,708,165 Cosco Corp 50,831,320 UOB 48,744,194 Yanlord 48,284,870
      54 words
    • Article
      Lock icon RISES
      99 6 CLOSE UP iBXT FTVietnam 10US$ 4826 517.1 8.0 iBXT Ni 10US$ 9686 417.8 3.1 IBXTDJE50 10US$ 3839 344.3 6.' ;GX.ES.O9O7 878 81.0 10., reat Eastern 1328 80.0 6, iBXT FTChina25 10US$ 2984 74.9 1.: LD 10US$ 9378 60.5 0.. IOB 1684 60.0 3. ICBC Bk4.5%NCPS 100 9200 50.0 0.
      99 words
    • Article
      Lock icon FALLS
      115 6 CLOSE DOWN DBXT S&P Short 10US$ 6354 -93.6 -1.0 JSH 1566 -57.6 -2.5 Cifr 974 -12.0 -1.2 India Ni 10 1362 -9.0 -0.7 Venture Co 819 -9.0 -1.1 STI 2800SGAePW*****9 45 -8.0 -15.1 STXPO 100 1364 -8.0 -0.6 Kej Cor| 791 -7.0 -0.! SMRT 175 -7.0 -3.8 UOL 345
      115 words
    • Article
      Lock icon CURRENCIES
      87 6 Wh lere S! stands Jul 11 CHNG CLOSE FR Jul 24 YR2009 S$ LOW S$ HIGH uss 1.4410 -0.01 1.5579 1.4308 Euro 2.0520 -0.04 2.0732 1.9150 Pounds 2.3748 -0.10 2.4051 2.0356 1.1816 -0.33 1.1816 0.9453 ren* 1.5192 -0.06 1.7278 1.4831 Rupiah* 0.***** -0.13 0.***** 0.***** Baht* 4.2401 0.02 4.3390
      87 words
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      Lock icon Page 6 Advertisements Column 1
      55 6 V HfflfiQ!lUM^MlalKlHUElliiiMiMMMiLMilfiUMllia2i2iiMill^wH The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and needs. CFDs are leveraged products and have the potential for both significant gains as well as losses. Before investing you
      55 words
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      Lock icon Page 7 Advertisements Column 1
      716 7 A [GARS IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF G.Z. HOLDINGS PTE LTD (In Members' Voluntary Liquidation) Reg No. *****5514R NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of
      716 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon S'pore-Aussie trade tops $26b
      471 8  -  LEE U-WEN Economic, trade ties between the two are very successful: George Yeo By SIX years after a free trade agreement was signed, bilateral trade between Singapore and Australia has more than doubled from $12 billion in 2003 to $26 billion last year. Describing the economic
      AFP  -  471 words
    • Article
      Lock icon Feedback invited on proposed int'l arbitration changes
      314 8  -  CHEW XIANG By THE Ministry of Law (MinLaw) has called for public feedback on proposed changes to Singapore's international arbitration regime. Three key changes to the International Arbitration Act are mooted. The first is that Singapore courts be empowered to grant interim orders
      314 words
    • Article, Illustration
      Lock icon Expats here live the high life: HSBC survey
      355 8  -  TEH SHI NING By DESPITE the high cost of living for expatriates in Singapore, and cutbacks in luxury spending due to the recession, most expats here want to stay put, an HSBC survey has found. HSBC's Expat Economics survey, carried out from
      355 words
    • Article, Illustration
      Lock icon Riding through the crisis on a strong brand
      1048 9 Goh Joo Hin, maker of New Moon and other well-known food product brands, shares its success strategies with CHEW LUSHENG GRACE, KIA JIE HUI and YEO ZHIWEI OUR group was thrilled that we were going to have the opportunity to work with
      ARTHUR LEE  -  1,048 words
    • Article, Illustration
      Lock icon HSR – Striving to provide the best for the staff
      981 9  - HSR Striving to provide the best for the staff LIU PEIHUA, NG WAN LING TAY HONG LI By and ON the outside of the building that houses HSR International Realtors, a sign reads "HSR Property, the #1 real estate group and largest real estate company in Singapore". Inside the 80,000-square-foot
      ARTHUR LEE  -  981 words
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      Lock icon Page 8 Advertisements Column 1
      73 8 &8> oUsSBMh ivilßftOißinfkicrkniVTrll I r* Si-oillH«iSlllLv«lii«]wAu.ViVl9lVA.^P«ilkZrvaß Qffl <m trffl >^j^^^^M^^^^J BMImMB i^l^MWMll^36BßW»»Mi^i^^^lwiTli^m>Ml gpunMi E» RS^IJ^B; id ■i™^^^Z— SBNm SfcsH WLv "h .^l*""!"* 1! H&tS IJ^Ja HTaSEfew HM9 Sfc JSk J vM9 ■kHBI nrai el Wf^*^^ *5 i linsaM r? 'imhubi agsg Ifi mttmwMW- M Ma MAmf* J BSftt. .*»-'< ffln
      73 words
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      Lock icon Page 9 Advertisements Column 1
      69 9 ENTERPRISE Celebrating Singapore's Enterprising Spirit 2009 Published every Tuesday and Thursday, this series is part of the Enterprise 50 Educational Project between the E5O partners and the NUS Business School. Goh Joo Hin and HSR were among the E5O winners in 2008. The annual E5O ranking is co-organised by The
      69 words
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  • SMEInc
    • Article, Illustration
      Lock icon No shortage of young start-ups
      1221 10 Greater support for young entrepreneurs, such as the creation of the YES! scheme, will help positively impact the environment here, writes BRANDON CHEW and JOANNE TANG MICHAEL Dell was just 19 when he started Dell Computer in 1989. In 2004, Mark Zuckerberg, founded Facebook during
      1,221 words
    • Article
      Lock icon Spring gives leg-up to budding businesses
      369 10 IN Singapore, students thinking of becoming entrepreneurs are getting help from both the government and educational institutions. In November 2008, Spring Singapore launched its YES! initiative, which tackles the issue of financing start-ups a common problem among entrepreneurs here, Under the initiative, Spring will
      369 words
    • Article, Illustration
      Lock icon A year-long journey to FAME
      759 10  -  BRITTANY KHOO ENTREPRENEURS UNDER 30 By INSPIRED by the creative freedom that comes with setting up your own company, fresh graduates Keith Ng and Damon Widjaja established the social game developer, Socialico in 2008. The two software engineers spent a year developing FAME (Famous Market
      JOHN HENG  -  759 words
    • Article, Illustration
      Lock icon Being driven to succeed
      682 11  -  JOANNE TANG Hard work and an unwavering desire to succeed has helped Elfaine Tan succeed in her business ventures, writes JOANNE TANG By INSPIRED by a television programme, and learning from mass media, Elfaine Tan, 20 a biomedical engineering graduate from Temasek Polytechnic has tried her
      ARTHUR LEE  -  682 words
    • Article, Illustration
      Lock icon Getting others to lend a hand
      492 11  -  BRANDON CHEW By WHEN Janice Tan co-found-ed Scribblemates an online business that sells customised designer journals she had no pretensions about her place in the industry. "I'm just a molecule," says the 21-year old. "Who would want to do business with me?" Outside assistance
      492 words
    • Article, Illustration
      Lock icon Ignoring the opportunity cost
      591 11  -  BRANDON CHEW TAKING the road less travelled, 28-year-old James Pang gave up his job in the corporate world to pursue his passion for music. "I've had a passion for music since I was young," says the owner and founder of My Drum School. "My motto was
      591 words
    • Article, Illustration
      Lock icon A lesson in innovation from Startutor
      599 11  -  LI DAN WEI By POPULAR online tuition agency Startutor was started by Du Weichao and his former classmate when Mr Du was 22 and his partner just 20. "I approached my JC classmate Alvin because he was very good at IT, as well as
      599 words
    • Article, Illustration
      Lock icon Still business as usual
      1318 12 THIS WEEK'S TOPIC Has the spate of terrorist attacks in Indonesia shaken your confidence in the country as an investment destination? John Koh Managing Director WMRC Private Ltd "INDONESIA as an investment destination offers comparative advantages. It is a vast and fertile country endowed with natural
      AP  -  1,318 words
  • Page 10 Advertisements
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      34 10 Call 6-594 7594 for more info or to join our SME Security Awareness seminar Stone Forest IT Micmson ppa yiiy OIUI IC lUI COL I I GOLD CERTIFIED ifflf MM www.StoneForestlT.com.sg Partner I lu^^^P
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      44 11 Call 6-594 7593 for more info or join our weekly demo class A SAS 70 Compliant status conferred to a service provider is a testimony that it meets international risk control standards to protect clients' data and confidentiality PAYDAY! PayrollServe time to relax www.PayrollServe.com.sg
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      1874 12 V*^L firvTTnr r> To"free: 180°-289-8822 %r k 11 1 l_, V Email: notices@sph.com.sg _L^l V^>/ M. I V i www.cats.com.sg NATIXIS CONSOLIDATED BALANCE SHEET ASSETS CONSOLIDATED BALANCE SHEET LIABILITIES AND EQUITY 31/12/08 31/12/07 31/12/08 31/12/07 Assets in millions Liabilities and Equity in millions Cash and balances with central banks and
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  • ECONOMY WATCH
    • Article
      Lock icon Bernanke defends Fed acts, brings news to heartlands
      756 13 Reuters He tapes special at Kansas City Fed that will air on PBS TV network over 3 days [KANSAS CITY, Missouri] Federal Reserve chairman Ben Bernanke travelled to the US heartland to defend the central bank's actions and reaffirm his assessment of
      – Reuters  -  756 words
    • Article
      Lock icon Korea consumer sentiment at near 7-year high
      301 13 [SEOUL] South Korea's key consumer sentiment index hit its highest in nearly seven years, central bank data snowed yesterday, raising further questions about how long the government's accommodative policy would be maintained. Morgan Stanley also upgraded its forecasts for Asia's fourth largest economy
      301 words
    • Article, Illustration
      Lock icon US banks' lending slows in uncertain climate
      451 13 AFP Survey shows loans at 15 large banks falling 2.8% in Q2 [WASHINGTON] Leading US banks are slowing lending as bankers and borrowers refrain from taking risks in the uncertain economy, The Wall Street Journal reported on Sunday. An analysis by The Journal
      AFP; REUTERS  -  451 words
  • Page 13 Advertisements
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      27 13 I ARCHITECTURE fcsaSH HOMES jl I i yj f >^bJ wtitz^ I E_3ELJIIJ^^^^JEL3^T__LjJ Available at BOOKS KINOKUNIYA BORDERS TIMES BOOKSTORES MPH PAGE ONE yy|j^j^yj{^yjj*ffl^yyjjj^fj HARRIS TIMES NEWSLINK
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Goldis unit wins China water treatment deal
      425 14  -  PAULINE NG 25-year concession involves treating waste water at an industrial park By in Kuala Lumpur GOLDIS Water, a wholly owned Singapore-incorpo-rated company of Malaysian private equity firm Goldis, has won a build-operate-transfer (BOT) concession to treat waste water at an industrial park
      425 words
    • Article
      Lock icon Economists see Bank Negara holding rates steady at 2%
      323 14 Reuters [KUALA LUMPUR] Malaysia's central bank is expected to keep interest rates steady at 2 per cent for the fourth straight meeting tomorrow as it waits for recent fiscal stimulus and interest rate cuts to take full effect. All 12 economists
      – Reuters  -  323 words
    • Article, Illustration
      Lock icon 2 Freeport staff charged over deadly shootings
      354 14 -AP They are among 7 to be tried for murder, weapons possession [JAKARTA] Police have charged two employees at US company Freeport with alleged involvement in a spate of deadly shootings at the largest gold mine in the world, an official said yesterday.
      -AP; AFP  -  354 words
    • Article
      Lock icon World Bank asks Indonesia to raise share
      259 14 Xinhua [JAKARTA] Due to Indonesia's impressive economic growth amid the ongoing global crisis, the World Bank has asked the country to increase its share ownership at the international donor agency, Bisnis Indonesia newspaper reported here yesterday. World Bank country director for Indonesia Joachim
      – Xinhua  -  259 words
    • Article, Illustration
      Lock icon MPHB hits 14-month high on government nod for new lottery
      352 14 Bloomberg [KUALA LUMPUR] Shares of Multi-Purpose Holdings Bhd, a Malaysian betting and property group, rose to a 14-month high after the company received government approval for a new four-digit lottery game that includes a jackpot element. The stock gained as
      Bloomberg; BLOOMBERG  -  352 words
    • Article
      Lock icon Indonesia M&A rules set to be in place before Oct
      319 14 Xinhua [JAKARTA] Indonesia is expected to have merger and acquisition (M&A) rules before October, ahead of President Susilo Bambang Yudhoyono being inaugurated for his second term, an official said yesterday. Tri Anggraini, head of the rule draft team on M&As,
      – Xinhua  -  319 words
  • Page 14 Advertisements
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Sinochem in early talks for Nufarm takeover
      663 15 Bloomberg Buying Aussie group will extend China firm's reach into Australia, Americas [SYDNEY] China's Sinochem Corp confirmed it's in "early-stage" talks for a potential takeover of Nufarm Ltd, marking the Asian nation's second attempt in as many years to buy Australia's biggest supplier
      – Bloomberg; BLOOMBERG  -  663 words
    • Article
      Lock icon Macau gaming industry likely to get a boost
      606 15 Bloomberg New leader pledges to seek China's help on visitor arrivals [HONG KONG] Macau's election of Fernando Chui as leader raises expectations that Beijing will let more Chinese tourists into the world's biggest gambling hub, boosting casino operators such as Las Vegas
      – Bloomberg  -  606 words
    • Article
      Lock icon Indian journalist assaulted in Sydney
      251 15 AFP [SYDNEY] A female Indian reporter was attacked while working undercover to expose scams targeting foreign students in Australia's booming education sector, the country's public broadcaster said yesterday. The young woman was threatened and then physically assaulted in a Sydney street over the weekend while
      AFP  -  251 words
  • Page 15 Advertisements
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      1067 15 en—^»^ forum- mm is ,"'*"'.""1'!.""""!= SINGAPORE H JIJ J Qjsy I Automatic gi_ "I am confident plenty ts^J. Of tLOOd Will COmC OUt TIIKr industry is promoting a myth ;i vendor ol I HT. i i ,i that Singapore leads the world in auto- General's Dep 01 UIIS [Of DOltl
      1,067 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Japan to push medical tourism from September
      412 16 Bloomberg Aim is to help country cope with rising cost of its ageing society [TOKYO] Japan plans to market medical services to wealthy tourists for income to help the country cope with rising cost of its ageing society. The nation should target rich
      – Bloomberg  -  412 words
    • Article
      Lock icon Convert contract workers: Seoul
      318 16 ■Reuters [SEOUL] The South Korean government urged employers yesterday not to fire contract workers but to hire them permanently after parliament put off until September a vote on key labour reforms. Proposed changes would double to four years the period that a firm can employ contract
      ■Reuters  -  318 words
    • Article, Illustration
      Lock icon Banking on bancassurance for life sales
      713 16 Reuters [MILAN] Signs of a recovery in bancassurance sales in Europe this year suggest that insurers will bolster this channel as a solid way of growing life products even if a lack of capital slows immediate expansion. Bancassurance using banks to sell insurance products
      – Reuters; AP  -  713 words
    • Article, Illustration
      Lock icon Aussie budget deficit not as bad as expected
      790 16 Reuters [SYDNEY] The Australian government's budget deficit is shaping up to be a lot smaller than feared just a few months ago as the economy proves surprisingly resilient, helping ease upward pressure on bond yields as it borrows less. Treasurer Wayne Swan
      Reuters; REUTERS  -  790 words
  • Page 16 Advertisements
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      31 16 ■ffl I 5Cs are not enough IVVI Log on to http://cling.omy.sg now! j r^^l 'o—A«f\' \«\V useful links to learning Chinese »ffle« P^~L^ CLing Chinese Language i-n-g Jrooin best Musncjp Xsitej|^.
      31 words
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  • WORLD
    • Article, Illustration
      Lock icon VW may raise up to 4b euros: FT report
      572 17 The move, ahead of Porsche takeover, is aimed at protecting VW's credit ratings [FRANKFURT] Volkswagen (VW), Europe's largest carmaker, is considering raising up to four billion euros (SsB.2 billion) ahead of a takeover of Porsche to protect its credit ratings, the
      AP  -  572 words
    • Article, Illustration
      Lock icon Just like old times again
      916 17  -  STEVE SLATER COMMENTARY Results, Massa accident at Hungaroring revive both good and bad memories By A QUICK look at the results sheets for the Hungarian Grand Prix and you could be forgiven for thinking that we were back in 2007. Fernando Alonso on pole. Lewis
      AP  -  916 words
    • Article
      Lock icon Economists: No 30s-type protectionism seen
      840 17 Reuters Reasons include the WTO trading system, recovering trade [GENEVA] The sharp trade contraction during the economic crisis, closely matching the trend in the *****, has triggered widespread fears that the world could suffer a re-run of the destructive protectionism of that era. Policy-makers have
      – Reuters  -  840 words
    • Article
      Lock icon Bailout firms may have to rework pay deals
      181 17 Reuters [NEW YORK] A US Treasury official overseeing compensation at firms that got big federal bailouts may renegotiate pay packages that he thinks are too generous, The Wall Street Journal reported on its website on Sunday. The official, Kenneth Feinberg, is expected
      – Reuters  -  181 words
    • Article
      Lock icon Russia releases suspected crime boss on bail
      306 17 Reuters [MOSCOW] Russia has released a suspected organised crime boss who is wanted by the United States for alleged fraud and racketeering, the Financial Times reported yesterday, citing his lawyer. Semion Mogilevich, who the US Federal Bureau of Investigation says created a powerful
      Reuters  -  306 words
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  • AVIATION
    • Article, Illustration
      Lock icon Virgin Blue seeks to raise A$231m in share sale
      452 18 Reuters Airline expects to post a loss of up to Asl6sm for the year to June 2009 [SYDNEY] Virgin Blue Holdings Ltd, Australia's sec-ond-largest airline, is looking to raise A5231.4 million (*****.9 million) in a heavily discounted share sale after warning
      – Reuters; BLOOMBERG, FILE PHOTO  -  452 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2710 18 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
      2,710 words
    • Article
      Lock icon Jet Airways share price slumps on Q1 losses
      165 18 Bloomberg [MUMBAI] Jet Airways (India) Ltd, the nation's biggest carrier by market value, fell the most in more than a month in Mumbai trading after slumping to a loss for the first quarter. Jet Airways declined as much as 9.6 per cent
      – Bloomberg  -  165 words
    • Article
      Lock icon Wheel falls off Virgin Blue plane in Australia
      253 18 -AFP [MELBOURNE] Australian budget airline Virgin Blue has checked its fleet of Boeing 737s after a wheel fell off a plane as it prepared for take-off, officials said yesterday. Nobody was hurt in last Saturday's incident on a Sydney-bound plane which was
      -AFP  -  253 words
    • Article
      Lock icon Ryanair Q1 profit soars fivefold to 136.5m euros
      496 18 Reuters [DUBLIN] Irish airline Ryanair yesterday posted a bet-ter-than-expected rise in first-quarter profit, thanks to a large reduction in fuel costs, but said that its outlook remained cautious for the rest of the year. Ryanair, one of the world's biggest airlines by
      Reuters  -  496 words
    • Article
      Lock icon China Southern shares fly on rising demand
      224 18 Bloomberg [SHANGHAI] China Southern Airlines Co, the nation's biggest carrier, led gains by airlines in Shanghai trading on speculation that rising passenger numbers will enable the companies to report profits. China Southern rose by the daily 10 per cent trading limit to 6.44
      – Bloomberg  -  224 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      218 18 CRYPTIC CROSSWORD Across rz r^ n n= [7 2 p 4 b 6 tion (6) __HHL_|M M__M 26 Feelings at losing a match (9) 27 Unable to see student 7 People who forget to sprin- 25 Hate investing new money wearing tie (5) kle one in cereals (13) for old
      218 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Full-year losses seen at Nippon Yusen, K-Line
      549 19 Reversal from prior profitable forecasts stems from US, Europe recessions [TOKYO] Nippon Yusen KK and Kawasaki Kisen Kaisha Ltd, Japan's largest and third-largest shipping lines respectively, forecast full-year losses as recessions in the US and Europe slashed demand. Nippon Yusen fell the most
      FILE PHOTO  -  549 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        107 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 MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.52 0.28 1.26 0.57 1.36 0.64
        107 words
      • Article
        Lock icon KLSE
        36 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.98 8.75 8.75 3.20 2.82 0.03 0.09 -0.01 unch 0.05 unch 0.03 unch unch 215 6 868 460 7 101 1046
        36 words
      • Article
        Lock icon BANGKOK
        12 19 ■oo ■recious Ship Jegional Cont .16.30 ...9.85 0.20 -0.05 3331 454
        12 words
      • Article
        Lock icon HONGKONG
        11 19 '000 Doil iingamas Cont .39.85 ...1.15 3.15 204: 0.01 *****
        11 words
      • Article
        Lock icon PHILIPPINES
        22 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.90 17.75 unch unch 0.10 -0.25 unch unch 471 2996 0 0
        22 words
      • Article
        Lock icon TAIPEI
        19 19 Evergreen Marine ....19.85 :irst Steamship 46.85 ManHai Lines 17.00 fang Ming Marine ..12.90 -0.25 0.50 -0.05 -0.05 1
        19 words
      • Article
        Lock icon TOKYO
        38 19 '000 :awasaki Hvy Ind ..244.00 -5.00 1637! :awasaki Kisen 362.00 -15.00 ***** /litsubishi Hvy 378.00 3.00 882: /litsui Eng&Sbldg ..234.00 -1.00 406! /litsui Osk Lines 599.00 -22.00 ***** lippon Express 411.00 6.00 397: lipponYusen 399.00 -19.00 2005:
        38 words
    • Article, Illustration
      Lock icon Suez Canal revenue falls 7.2% as trade slows
      272 19 Reuters [ISMAILIA, Egypt] Egypt's annual revenue from the Suez Canal fell 7.2 per cent in fiscal 2008/09 to U554.74 billion, the Suez Canal Authority chairman Ahmed Fadel said on Sunday. The canal, one of Egypt's top sources of foreign currency, earned a
      – Reuters; XINHUA  -  272 words
    • Article
      Lock icon Global Carriers to get 2 more vessels this year
      373 19 Bernama [PORT KLANG] Freight services provider Global Carriers Bhd will take delivery of two new clean petroleum product (CPP) ships in the second half of the year. The new 7,000 and 10,000 tonne double-hull tankers are set to be introduced in
      – Bernama  -  373 words
    • Article
      Lock icon 3 Korean carriers in US$482m LNG loan
      232 19 Bloomberg [SEOUL] Hanjin Shipping Co, Hyundai Merchant Marine Co and SK Shipping Co have agreed to borrow a combined US$4B2 million to refinance liquefied natural gas vessels, according to two people with direct knowledge of the matter. The South Korean companies signed 10-year
      Bloomberg  -  232 words
    • Article
      Lock icon MPs call British railway ownership structure 'a mess'
      393 19 Reuters [LONDON] Britain's railway franchises have been branded "a mess" by a group of Members of Parliament, who called for major reforms including the nationalisation of the troubled East Coast mainline. The government's cross-party Transport Select Committee said in a report yesterday
      – Reuters  -  393 words
    • Article
      Lock icon Warning to ships of piracy return as monsoon ends
      381 19 Bloomberg [PARIS] Ships in the Indian Ocean must prepare for an increase in pirate attacks after the south-western monsoon ends in the coming weeks, the commander of an anti-piracy naval task force said. "The prior preparation and vigilance of merchant mariners
      – Bloomberg  -  381 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Enforcement just as vital as regulation
      493 20 SINGAPORE'S financial regulatory framework has come under scrutiny in recent months, with many calls made for proper investor protection following the collapse of various structured products such as the Minibonds and Pinnacle notes. In the corporate arena too, there is a clamour for more
      493 words
    • Article, Illustration
      Lock icon Don Jt take water for granted
      661 20  -  FOONG SEW BUN It's time we started managing water as the precious resource that it is Reports by ATE R flows through everything the air, the land, our bodies and the global economy. In fact, every time a thing or a service is bought
      FILE PHOTO  -  661 words
    • Article
      Lock icon Spore's own initiative for clean water
      420 20 DRIVEN by a vision of water sustainability, PUB, Singapore's national water agency, has been developing a robust and diversified water supply strategy from four different sources known as the Four National Taps (water from local catchment areas, imported water, reclaimed water known as NEWater
      420 words
    • Article, Illustration
      Lock icon Asian stock rebound an illusion of GDP recovery?
      813 20  -  WILLIAM PESEK JR THE BOTTOM LINE HATS off to officials in Seoul. South Korea's ability to expand at the fastest pace in almost six years is some of the best news Asia has had in a long while. It's a sign that
      813 words
    • Article, Illustration
      Lock icon Bernanke: a matter of credibility
      1389 21  -  LEON HADAR With anti-Fed sentiment growing, investors are waiting for Obama to decide if he wants Bernanke to continue at the Fed FOR more than a year now, the US central bank has been pumping a huge amount of money into the economy- expanding its
      AFP  -  1,389 words
    • Article, Illustration
      Lock icon How young Chinese can lose their future
      849 21  -  SHARON LaFRANIERE -NYT By FOR much of his education, Xue Longlong was silently accompanied from grade to grade, school to school, by a sealed manila envelope stamped top secret. Stuffed inside were grades, test results, evaluations by fellow students and teachers, his Communist
      -NYT  -  849 words
    • Letter, Illustration
      Lock icon Make exit offers at least equal to credible valuation
      533 21  -  Ang Hao Yao LETTER TO THE EDITOR IN recent months, while stock prices have been recovering from their lows, there has been a spate of delisting proposals at listed companies. Shareholders who perceive the offer prices as too low are frustrated;
      533 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8941 22 Transaction date: Jul 27 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E Smil 12 3 3148 8Telecom 8.5 2.5 5834 A-Sonic 23 12 5000 ABRHIdgs 13 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 67.5 26.5 5550 ARA 7
      8,941 words
    • Article
      Lock icon SGX CATALIST
      1677 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 $mil 19 5 1181 s AAGrp 26.5 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 24.5
      1,677 words
    • Article
      Lock icon SGX ETF
      409 23 52-Wk Tel h Low Code Last Sale s» Day Ih Low Last Quote Buyer Seller Div GrYld C'vr Net P/E s Hii Comi Hii 110 100 6389 ABFSG Bond ETF 110 undl 877 427 CIMBAsGan40 1OOUSS US716 +10 260 149 DBSSTIETF1OO 260 +6 3841 3534 DBXT DJE5O 10US$
      409 words
    • Article
      Lock icon CLOB INTERNATIONAL
      263 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
      263 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9339 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.902/ AIGIF Spore Bond Fund/ A 1.295/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1/ APS Alpha Fund (USD)!** 0.69/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5121/ APS Komaba
      9,339 words
  • Page 22 Advertisements
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      360 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 24 World Index Preliminan 735.9 -0.1 8.6 -0.1 11.2 -0.2 11.2 EAFE Preliminai 700.6 0.4 7.9 0.2 12.1 0.1 12.1 Euro[ Preliminan 972.4 0.0 6.7 -0.3 12.7 -0.4 12.7 Pacific 597.2
      360 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      125 24 As at 9am Jul 27 >f foreign currency: lurrencies Bid Offer iust dollar 1.1670 1.2020 .an dollar 1.3180 1.3340 luro 2.0340 2.0570 IZ dollar 0.9360 0.9560 iterlini ind 2.3510 2.3780 JS dollar 1.4330 1.4490 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer :hi
      125 words
    • Article
      Lock icon INTERBANK RATES
      172 24 Jul 27 Overnight 5/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.15 US$ Offer 3/16 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.35 0.40 0.55 0.65 1.00 1.60 1.70 Offer 0.25 0.30 0.35 0.45 0.70
      172 words
    • Article
      Lock icon STOCK INDEX FUTURES
      26 24 Jul 27 ten >TI 2560 2583 2576 ilMSCI Jul 305.1 312.5 311.5 'aiwan Jul 254.3 258.1 255.7 Source: MF Global (S) He. Ltd
      26 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      20 24 Jul27 Bid Offer 1-month 1.4406 1.4412 2-months 1.4406 1.4412 3-months 1.4406 1.4412 6-months 1.4407 1.4414 Source: OCBC
      20 words
    • Article
      Lock icon PALM OIL
      60 24 Jul 27 lelivery flonth Opening Sett Av Range Price Price Vol Open Done Position Hi Low \ugO9 2145 2149 2146 2130 87 1936 iep 09 2100 2116 2121 2100 1889 ***** 3d 09 2090 2098 2116 2085 6514 ***** tovO9 2088 2092 2113 2085 1117 ***** Total o/p:
      60 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      290 24 Jul 27 OPEN HIGH LOW SETT VOL OP/INT URODOLLAR FUTURES >epO9 DecO9 VlariO lun10 99.4750 99.2550 99.0000 98.6200 6658 4315 4074 3230 EUROYEN TIBOR FUTURES >epO9 99.485 99.485 DecO9 VlariO un10 >ep10 3ec10 \/lar11 un11 99.480 99.480 99.515 99.530 99.495 99.440 99.395 99.310 99.250 100 100 *****
      290 words
    • Article
      Lock icon SICOM FUTURES
      191 24 Jul 27 KUBBtK Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Aug 09 189.5 Sep 09 190.0 Oct09 189.5 NOV09 189.5 Dec 09 189.5 Jan 10 189.0 190.0 189.5 189.5 189.5 189.5 190.0 189.5 189.5 189.5 189.5 90 60 20
      191 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 24 Jul 27 Period Issue code Maturity Yesterday's Bid Day's |h Low Hi, 3-Month BQ*****A 29.10.09 1-Year BY*****W 03.05.10 0.23 0.35 0.24 0.2 0.2 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NX*****W 2.500
      88 words
    • Article
      Lock icon CHICAGO BOT
      98 24 Jul 24 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Aug 09 1021.00 1023.50 1030.75 1019.50 SepO9 951.50 961.50 965.00 950.50 Nov09 915.00 932.00 933.25 913.25 Jan 10 922.25 939.25 939.75 921.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 09 33.89 34.67 34.80 33.89 SepO9 34.06
      98 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Jul 24 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 69.61 0.83 WTI (Near Mth) 67.97 1.96 Dubai (1-Mth F) 68.50 1.87 Tapis blend 74.35 2.25 Minas 70.80 2.25 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 64.32 77.09 2.22 2.78 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      463 24 Jul 27 Rm Euro HK! Im Rs Ru Yen Won RM NZ! Pal Rs Peso Ram NT! Bal it Pouni us: Australia 0.891 5.610 0.576 6.364 39.588 81.721 0.780 10.218 2.890 1.249 68.032 39.440 1.183 6.380 0.878 26.945 27.899 0.499 0.821 Canada 1.123 6.298 0.647 7.144 44.437
      463 words
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      Lock icon SIBOR
      76 24 Jul27 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 3.***** 15
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      Lock icon PRECIOUS METALS
      132 24 Jul 27 Hong Kong London 952.00 948.40 953.00 949.40 Jul 24 Jul 23 952.55 955.35 953.35 956.15 Source: Thomson Reuters CAST BAR (S$) Jul 27 Buying Sellim Kilobar "47,204.12" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS Kinebar™
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      Lock icon INTERBANK CURRENCY RATES
      153 24 Jul 27 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1825 1.1836 0.8209 0.8214 Canadian dollar 1.3276 1.3284 0.9217 0.9218 Euro 2.0530 2.0539 1.4252 1.4253 NZ dollar 0.9467 0.9477 0.6572 0.6577 Sterling 2.3692 2.3709 1.6447 1.645: US dollar 1.4405 1.4410 S$IUS$
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      Lock icon LONDON METALS
      70 24 Jul 24 Co iri iiuiii, yy.i (US$/tonne) Close Previous Cash 1634.00 1764.50 3 months 1660.00 1785.00 Copper, Grade A (US$/tonne) Cash 3 months 5518.00 5522.00 5525.50 5530.00 Lead (US$/tonne) Cash 3 months 1724.00 1745.00 1723.50 1745.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
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      72 24 Jul24 COCOA (Btonne) Close Prev Hii ih/Low SepO9 1841 1819 1845/1800 Dec 09 1857 1835 1861/1815 Mar 10 1854 1828 1856/1810 May 10 1847 1821 1847/1803 COFFEE (US$/tonne) Close Pev High/Low Jul 09 1449 1483 1515/1473 SepO9 1474 1508 1538/1499 Nov09 1499 1532 1549/1512 SUGAR (US tonne) White Close
      72 words
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      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2366 24 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 3092 Asia Environment W*****4 5816 Asiasons Capital W*****7 5756 Asiatic Grp (H) W*****2 H05#AsiatravelW*****7 >878 Aztech Systems W*****6 1912 Baker Tech
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      2602 25 m The Business Times Shipping Times BLSiE^MHH HH I Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE gkWUhWU CotllVflOll Destination Destination UlfvlV u3lllll[D3V STXPOTBN RTM/ANR/TIL STXPO TBN NOL/NFK/SAV/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia idlllvlli I lIV OA Oil I™ O UdjJW Ull Ijjl MIDDLE-EAST SERVICE
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      4052 26 K*i^ In EASTERN CAR LINER, LTD I I^^QEEDBjQ uL__—A SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS E^^ji KMllMillllililM IpilllllilTllllllll^^^^M I I '"UK!) I Lillinq(KT) I SIN I PKL I )KT I KUC IKK I BTL I VOY 111 [ID DiSIINAMN unrim «iriiininiii-rniiin-i nurall r.ii nirmrmnniiiinninimi iimniiiinn"— I moderndrive s
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  • PROPERTY
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      Lock icon China's property fever back after govt measures heat up prices
      666 27 -AFP Beijing house prices rocket 27% from Jan to June as speculators return [BEIJING] After getting on board China's property boom only three months ago, Beijing property agent Li Zhiwei already has plans to use the profits from his new
      -AFP |; AFP  -  666 words
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      Lock icon US Reits' shift from fear to fundamentals
      632 27 Reuters Q2 reports likely to be dominated by talk about rent rates and occupancy levels [NEW YORK] Many real estate investment trusts (Reits) spent the first quarter avoiding a financial funeral, but when they report second-quarter earnings in the next weeks, some may
      – Reuters  -  632 words
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      Lock icon MacQuarie mall trust in talks to refinance debt issue
      230 27 Reuters [SYDNEY] Australian shopping centre investor Macquarie Countrywide Trust is in talks with debt investors to refinance an issue backed by commercial mortgages, it said yesterday. "We are well advanced in discussions with a number of commercial mortgage-backed securities (CMBS) investors
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      Lock icon Centre to help mall set service benchmark
      439 28  -  LI DAN WEI 313@Somerset to provide free training to employees of its retailers at new centre to raise service levels By SERVICE levels in Singapore are set to reach new heights as Lend Lease launched its $1 million 313@Somerset Training and Career Centre
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      Lock icon UK home prices steady for a third straight month
      354 28 Reuters [LONDON] House prices in England and Wales were flat for a third consecutive month in July, causing the year-on-year decline to slow to 7.7 per cent from 8.7 per cent, property data company Hometrack said yesterday. But a broad-based recovery
      – Reuters; BLOOMBERG  -  354 words
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      185 27 1 Chang Charn Road High Performance Work Environment Brand new 6-storey hightech building, with modern Mk corporate fagade I Strategically located within ,j J Short drive to Orchard Rd For Fabulous Family Time Entertainment 8240 sqf Land with 6260 —-^^T^^lH > built-up comes with Luxurious sEnsuite 2multi purpose rooms and
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      251 27 I M p Lbr Eunos MRT_g__/ I I \^™%iJl^-~-~MS«EI^^ 18 units of 3-storey shophouses S^T^^EL— 4^---" Total land area 35' 400sf; Squarish plot; Freehold _J»L^ \^T 9 units face Joo Chiat Rd; zoned Commercial GPR 3.0 P\ ns\ \X 9 units face Onan Rd; zoned Residential GPR 1.4 I Y\Preper§^s^"
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      135 28 SHERATON MIRAGE RESORT SPA GOLD QLD, Main Beach: Seaworld Drive •The Gold Coast's only beachfront luxury resort 293 guestrooms with ballroom, restaurants, bars and lagoon pool Fantastic location With Over 200 metres* of beach frontage Under instructions from the first mortgagee and Michael McCann and Graham Killer as Receivers Operated
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