The Business Times, 17 September 2009
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2009-09-17
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The Business Times
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Title Section20 2009-09-17 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sfili A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Thursday, September 17,200920 words
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Article, Illustration812 2009-09-17 1 CHEN HUIFEN - CHEN HUIFEN Some use it to boost cash position, survey finds; many worry about plunging demand By [SINGAPORE] The Republic's small and medium enterprises find the Jobs Credit Scheme handy though not quite for the reasons that it was intended. Many SMEs812 words
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575 2009-09-17 1 CHEWXIANG - CHEWXIANG Cancelled invoices used to obtain receivable financing, E&Y audit shows By [SINGAPORE] A picture is emerging of significant fraud at Jurong Technologies Industrial Corp after a special audit by Ernst and Young found that unnamed staff used cancelled and duplicated invoices to obtain575 words
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MARKETS DIGEST
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Article49 2009-09-17 1 Wei Inesi layCI lange KL COMP 1,212.98 +5.51 NIKKEI 225 10,270.77 +53.15 HANG SENG 21,402.92 +536.55 SET INDEX 710.25 +7.09 JAKARTA COMP 2,439.36 +19.25 MANILA COMP 2,768.61 -20.75 SEOUL COMP 1,683.33 +29.93 SHENZHENB 523.73 -4.39 MUMBAI IND 16,677.04 +222.59 11.30am EDT Cham DOW 9,713.11 +29.70 NASDAQ 2,111.59 +8.9549 words
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Article29 2009-09-17 1 SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.345 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source: BloombergBloomberg - 29 words
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Article48 2009-09-17 1 US$ (S$ per US$) 1.419 (US$/S$ per 1.650 2.342 EURO (US$/S$/E) 1.468 2.083 Forei' in curreno ier US$ 1$ YEN 90.90 64.00 RM 3.490 2.459 HK$ 7.750 5.461 BAHT 33.84 23.84 RUPIAH 9,840 6,933 RENMINBI 6.829 4.812 INDIAN RUPEE 48.36 34.07 A$ 1.155 0.814 NZ$ 1.416 0.99848 words
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Page 1 Advertisements
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Advertisement69 2009-09-17 1 8 *****1 *****4 More than 250 years of continuous history KHIHHBmHHHnHB D (T Jj VuMRIRtiRmH ID M "^t^c^ p^ w./ |H w VACHERON CONSTANTIN Manufacture Horlogere. Geneve, depuis 1755. Authorised Retailers Singapore: Cortina Watch Sincere Fine Watches Malaysia: Cortina Watch Sincere Fine Watches Indonesia: The Time Place Thailand: Pendulum Philippines:69 words
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Page 1 Miscellaneous
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Miscellaneous53 2009-09-17 1 JJ^l^^H BizlT PROPERTY FORMULA ONE 1^ SPORE ECONOMY u#2s Razer steps up Median home prices in Briatore quits Wf- Welcome to its game Q3 jump smartly Renault team f^W,^^ millionaire country h^^Sfl PAGE 25 PAGE 4 PAGE 4 PAGE 4 Mr COMMENTARY Greenspan could learn a thing or two from53 words
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TOP STORIES
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THREE-MINUTE DIGEST
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64 2009-09-17 2 THE Republic's small and medium enterprises find the Jobs Credit Scheme handy though not quite for the reasons it was intended. Many SMEs said they intended to use the scheme aimed at preserving jobs to improve their net cash position or to64 words
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67 2009-09-17 2 A PICTURE is emerging of significant fraud at Jurong Technologies Industrial Corp after a special audit by Ernst and Young found that unnamed staff used cancelled and duplicated invoices to obtain US$2O.B million in receivable financing. Invoices to Motorola, at the time a67 words
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90 2009-09-17 2 THE median price per square foot for new 99-year leasehold condos and apartments sold by developers rose 16.5 per cent in Q3 over Q2 more than double the 7.8 per cent quarter-on-quarter increase seen in Q2, according to CB Richard Ellis's analysis of90 words
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57 2009-09-17 2 COMMODITY supplier Noble Group said yesterday it is in detailed discussions with an unidentified investor for the purchase of a major stake in the $7.8 billion company. The move comes as investors turn their attention to commodities, with inflation prompting them to look57 words
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66 2009-09-17 2 TRI-M Technologies (S) has proposed a placement of 54.5 million new shares at 80 cents apiece to raise net proceeds of about $41.6 million. The issue price is a discount of about 10.36 per cent to the weighted average price of 89.25 cents based66 words
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82 2009-09-17 2 UNEMPLOYMENT in leading industrialised nations will hit a new postwar record next year, surpassing the current high, as the global economy looks set for only a timid recovery in 2010, the Organisation for Economic Cooperation and Development said in a report yesterday. The jobless82 words
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68 2009-09-17 2 THREE Indian banks have set up a consortium to undertake Malaysian commercial banking operations in Kuala Lumpur later this year. The banks the Bank of Baroda (40 per cent), the Indian Overseas Bank (35 per cent) and Andhra Bank (25 per cent)68 words
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80 2009-09-17 2 PROPERTY market sentiment continues to ride high, with preliminary data from a property firm showing third-quarter investment sales up by 13 per cent from Q2. Q3 data to date shows investment sales totalled $1.83 billion, Jones Lang LaSalle said yesterday. And separately, Colliers80 words
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Article, Illustration635 2009-09-17 2 ANTHONY ROWLEY - ANTHONY ROWLEY No major surprises in line-up but some Cabinet appointees may cause unease By in Tokyo DECLARING that he was "thrilled to be making history", YuMo Hatoyama yesterday became the first Japanese prime minister in postwar history to be elected from outsideAFP - 635 words
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Article, Illustration490 2009-09-17 2 NISHA RAMCHANDANI - NISHA RAMCHANDANI Some cite need to tighten purchasing systems; others worry about fallout By [SINGAPORE] Too many cooks may spoil the broth but the recent scandal where chefs from top hotels and Chinese restaurants are being investigated for allegedly accepting kickbacks underlinesFILE PHOTO - 490 words
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321 2009-09-17 2 CHEN HUIFEN - CHEN HUIFEN [SINGAPORE] More than 10,000 government-backed loans worth a total of $4.7 billion were dished out between last December and the end of August, according to Spring Singapore. Giving an update of the progress of enhanced financing schemes rolled out by321 words
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Article, Illustration380 2009-09-17 4 [LONDON] Renault managing director Flavio Briatore and engineering executive director Pat Symonds left the Formula One team yesterday, and the team said that it will not contest a charge that former driver Nelson Piquet Jr was ordered to crash in a race. Renault hasREUTERS, AP - 380 words
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806 2009-09-17 4 CBRE analysis shows sharp climb but it expects sales and prices to moderate [SINGAPORE] The median price per square foot for new 99-year leasehold condos and apartments sold by developers rose 16.5 per cent in Q3 over Q2 more than double the 7.8806 words
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Article543 2009-09-17 4 ARTHUR SIM - ARTHUR SIM Despite a dip, Spore still has highest concentration of wealthy households By [SINGAPORE] Thanks to the global economic crisis, wealth destruction has slashed the net worth of the rich all over. Singapore, however, has managed to stay on top with the highest concentration of543 words
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372 2009-09-17 4 [WASHINGTON] Higher petrol costs pushed up US consumer prices last month while industrial output increased for a second consecutive month, according to data yesterday that reinforced hopes that the economy was finally on the mend. The Consumer Price Index rose 0.4372 words
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Advertisement265 2009-09-17 2 555 /^FA SINGAPORE r,fj7 FIXED INCOME Vim INVESTMENT P WORKSHOP I Instructor: Dr. Pierre Hillion, Professor of Finance, INSEAD Date: 2 to 3 October 2009, Friday Saturday Time: 9.00 am to 5.00pm Venue: INTERCONTINENTAL SINGAPORE 80 Middle Road Singapore, *****6 I Program Description I The program focuses on the management265 words
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Advertisement183 2009-09-17 3 II look us 141 yeans to come lo Singapore. But it was worth the wait. MMMM mm «w^ mlhUl! iiuiiiHllfi! v^^^ig H| BL^^B Ib^V\ ißH^i^^^" IWC SCHAFFHAUSEN SINCE 1868 'We/come/" Big Pilot's Watch. Ref. 5004: If the skies above Singapore are crowded in the coming Mechanical iwc-manufacturedmovement I weeks, you183 words
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Advertisement100 2009-09-17 4 free/ &#?< IQNGHSH^ FLY FIVE STAR As Kingfisher Airlines' preferred service partners at Singapore Changi Airport, Singapore Airport Terminal Services (SATS) and SIA Engineering Company (SIAEC) are set to take our dynamic collaboration to greater heights. Deeply committed to delivering exceptional service, we'll always put the needs of you and100 words
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Advertisement207 2009-09-17 5 *Lr *lj PVj Del 11 Ix. Am i A At f #^»j^ F^fl Wfffif'/ t m Wmt I vbl mr n"wxoNKs 1 -Mm I Htt^^^ H^* i I I H B^^V j 1 I^^ Mm w m m u^ W I It I If i -Jmm^^ W^^^fc;l^fc Jmm Serving you207 words
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COMPANY NEWS
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460 2009-09-17 6 JAMIE LEE - JAMIE LEE Move comes as investors turn their attention to commodities By COMMODITY supplier Noble Group said yesterday it is in detailed discussions with an unidentified investor on the sale of a major stake in the $7.8 billion company. The move comes as460 words
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Article196 2009-09-17 6 THE Singapore Exchange (SGX) and its wholly owned subsidiary, Singapore Commodity Exchange (Sicom), yesterday announced the launch of a new SGX-Sicom clearing arrangement on Oct 1. The clearing arrangement will provide SGX trading members direct trading access to Sicom's commodity derivatives market. All SGX trading members196 words
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Article, Illustration581 2009-09-17 6 LYNETTE KHOO - LYNETTE KHOO Executive directors to meet official receiver in HK By COSMETIC company Beauty China Holdings is headed for liquidation as it will not be appealing against the winding-up order made by the High Court in Hong Kong. Its lead independent director LowFILE PHOTO - 581 words
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283 2009-09-17 6 JAMIE LEE - JAMIE LEE By THE case involving three former senior executives of Daka Designs for allegedly defrauding shareholders and the Singapore Exchange between early 2003 and May 2005 has been adjourned to Oct 6. This was after the three men ex-CEO Raymond Chow, former283 words
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Article, Illustration296 2009-09-17 6 ■AP [HONG KONG] Hong Kong tycoon Richard Li has dropped his final appeal of a court decision that blocked him from buying out PCCW, the city's leading telecommunications company, bringing an end to the controversial privatisation saga. Pacific Century Regional Developments Ltd,■AP; BLOOMBERG - 296 words
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214 2009-09-17 6 CHEW XIANG - CHEW XIANG By A SMALL fire on the 18th floor of 63, Market Street affected a clearing member of the Singapore Exchange, disrupting trading of contracts yesterday. Fortis Clearing, a clearing member of the SGX which has its offices on the 18th floor,214 words
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405 2009-09-17 7 JOYCE HOOI - JOYCE HOOI The shares represent about 14% of the existing share capital By based on trades done for the shares on the Singapore Exchange (SGX) last Wednesday. These proposed placement shares represent about 13.58 per cent of the existing issued and paid-up share405 words
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172 2009-09-17 7 Bloomberg MEDTECS International Corp, a maker of medical facemasks, said demand for the products has increased more than 20-fold, and that it is looking at ways to increase production as the swine flu pandemic spurs orders. MedTecs has orders for both its surgical masksBloomberg - 172 words
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Article, Illustration299 2009-09-17 7 Reuters [BANGKOK] Top Thai mobile phone operator Advanced Info Service PCL (AIS) said yesterday that it planned to invest 75 billion baht (553.15 billion) over the next three years to install a third-generation (3G) mobile network. AIS was keen to bid■ Reuters; BLOOMBERG - 299 words
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Article, Illustration305 2009-09-17 7 VINCENT WEE - VINCENT WEE They will give firm broader range of subsea services By OFFSHORE services provider Ezra Holdings continues to expand in the subsea space with the award of a US$23 million contract to Triton Group Holdings to build five new remotely operated vehicles305 words
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395 2009-09-17 9 FELDA CHAY - FELDA CHAY Undergarment maker's IPO of 80m shares priced at 29.5 cents By CHINA-based undergarments manufacturer Great Group Holdings Ltd has launched its initial public offering for a Singapore Exchange mainboard listing. The company is raising gross proceeds of about $19.2 million from395 words
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Advertisement899 2009-09-17 6 fifwSf^K^r www.omy.sg f&\ IN THE MATTER OF f THE COMPANIES ACT (CHAPTER 50) ENVI INVESTMENTS «..,,.,.„.—..Aimui .ntheZtterof pte ltd CAPITALAND TREASURY LIMITED (DCITADINESSOHO (SINGAPORE) (Company No. *****1798 M) oai/ia «ai\ am PTE. LTD. (In Members' Voluntary SSIZUUOUUUU (REGISTRATION N0.*****4312D) Liquidation) V¥ lbv,Vvv,vvV (2)somersetyouyi(S)pte.ltd. 2 ElMtinn D a to MMm ltn)A11899 words
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Advertisement109 2009-09-17 6 Invitation for Expression of Interest In the assets of Natural Fuel Private Limited Natural Fuel Private Limited owns a blodiesel plant which is located In Jurong Island, Singapore. The production capacity of the plant is 600,000 tonnes of blodiesel and 60,000 tonnes of refined pharmaceutical grade glycerine per annum, using109 words
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Advertisement44 2009-09-17 7 LTlTfind the ones Fm U rJ THAT FIT! Q J 's^/\ Recruit the right people P""^ I through CATS Recruit. Jl_-» Call 1800 289 8822 or email I 1 i 7 I /-s recruit@lsPh-com-s9 ,jj v_^ to advertise. p^/ \~S rU RECRUIT 1 (A44 words
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Advertisement173 2009-09-17 7 We are an established undergarment manufacturer in the PRC... J^ flkt *SJ CONTRACT MANUFACTURING I 3f mi' 1 Men's and women's undergarments, as well as children's and infants' apparel i^^^^^^ End customers include owners of international brands and retail chains i m j WW) >^ OUR "GRAT.UNIC (te^fD" BRAND LICENSED173 words
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SINGAPORE MARKETS
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Article, Illustration559 2009-09-17 8 R SIVANITHY - R SIVANITHY STOCKS S-chips in play while pressure on property stocks eases after two days of selling HONG Kong coming back on line yesterday after Tuesday's typhoon-inflicted break helped stir buying interest. And with the Hang Seng up 2.6 per cent at theSource: Bloomberg - 559 words
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Article99 2009-09-17 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 14 2 2 0 0 0 14 2 2 Manufacturing 111 27 57 119 33 66 Commerce 31 15 24 37 18 26 'pt/Stor/Comms 28 10 30 11 Finance 17 17 Construction 1399 words
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Article120 2009-09-17 8 TURNOVER MAIN SDQ '000) TOTAL MAIN VALUE SDQ '000) TOTAL Multi Ind 111,181 111,181 111,556 111,556 Manufacturing 697,054 25,240 722,294 305,974 1,664 307,638 Commerce 157,842 42,450 200,292 87,501 12,481 99,982 Tpt/Stor/Comms 223,384 17,125 240,509 276,017 4,679 280,695 Finance 53,172 53,172 198,087 198,087 Construction 70,738 10,322 81,060 27,385120 words
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Article111 2009-09-17 8 Stock name Close Cham Capita Land 3.770 +0.060 CapitaMall 1.840 +0.050 CityDev 10.420 +0.380 ComfortDelGrc 1.620 -0.020 Cosco Corp 1.240 +0.010 DBS Grp 13.220 +0.260 F&N 4.020 +0.040 Genting SP 1.100 +0.020 Golden Agri 0.455 -0.010 HK Land 4.250 +0.110 JMH 31.480 1.260 JSH 17.320 +0.040111 words
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Article929 2009-09-17 8 CONRAD TAN - CONRAD TAN Property sector CIMB-GK RESEARCH, Sept 16 OVER 1,699 new private homes were sold in Singapore in August, down 38 per cent month-on-month from a high in July, based on the latest URA data. We expect the recent introduction of property cooling measures to moderate transaction volumes929 words
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Article, Illustration428 2009-09-17 8 ■AFP CURRENCIES [TOKYO] The euro struck a new ninemonth high against the US dollar in Asia yesterday as investors snapped up riskier assets, reflecting mounting hopes for a global economic recovery. The euro rose to as high as 1.4696 US dollars levels last seen■AFP; AP - 428 words
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Article62 2009-09-17 8 CLOSE BT OB/OS 374.00 +449.0 BT CADI -*****.00 +229.0 BT 10-day MA -*****.00 +38.00 FTSE ST Mid Cap 619.21 +7.71 FTSE ST Small Cap 558.19+13.14 FTSE ST All Share 659.09 +9.11 FTSE ST China Top 283.74 +5.27 FTSE ST China 284.41 +5.70 FTSE ST Catalist 1429.07 +9.6862 words
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Article58 2009-09-17 8 VOLUME Golden Agri 167,813,000 Gentinq SP 124,724,000 China Sports 52,090,000 Fuxinq 51,200,000 Gallant 49,241,000 Sinotel Tech 46,393,000 EcoWise 43,975,000 CH Offshore 43,003,000 GuocoLeisure 41,952,000 Uni Envtech 40,695,000 VALUE(S) Gentinq SP 137,384,000 Golden Agri 77,053,655 DBS Grp 71,691,200 Sing Tel 64,448,210 Capita Land 54,263,184 Keppel Corp 47,911,495 SIA58 words
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Article98 2009-09-17 8 CLOSE UP LD 10US$ 9972 259.6 1.9 IMH 3148 178.7 4.2 iBXT FTChina25 10US$ 3064 97.9 2.3 LatinAmerica 1 714 86.5 9. China H 10US$ 1625 69.5 3.1 lardine C&C 2430 50.0 2.1 ICBC Bk4.5%NCPS 100 9450 50.0 0.5 MS India 10US$ 1375 41.1 2., ilA 200 1350 40.098 words
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Article116 2009-09-17 8 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 5832 -83.7 -1.0 Dain irm 572 -15.6 -1.9 Asia Pac Brew 1190 -10.0 -0.8 Omei iNav 600 -10.0 -1.6 ire Land 540 -8.0 -1.5 lee Hui Sem 40.5 -6.0 -12.9 UOBMBLeCW*****3 40.5 -5.5 -12.0 SGX.ES.0909 860 -5.0 -0.6 STI2750BNPePW*****9 34 -5.0116 words
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Article87 2009-09-17 8 iere« S$ stands Sen 16 %CHNG CLOSE FR Sep 15 YR2009 S$ LOW S$ HIGH USS 1.4120 0.79 1.5579 1.412® Euro 2.0758 0.03 2.0764 1.9150 Pounds 2.3303 1.43 2.4366 2.0356 AS 1.2313 -0.57 1.2315 0.9453 Yen* 1.5648 -0.15 1.7278 1.4831 Rupiah* 0.***** -1.27 0.****** 0.***** Baht* 4.1829 0.35 4.339087 words
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Advertisement3666 2009-09-17 9 EXCHANGE EXCHANGE SINGAPORE EXCHANGE LIMITED SINGAPORE EXCHANGE LIMITED Company Registration No. *****4940 D Company Registration No. *****4940 D (Incorporated in the Republic of Singapore) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting3,666 words
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SINGAPORE NEWS
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Article, Illustration483 2009-09-17 10 LEE U- WEN - LEE U-WEN $10m fund created for groups to organise events and social gatherings By FIVE months after it was formed in April, the new National Integration Council (NIC) has laid out some ambitious plans to better integrate new immigrants into society. ChiefTAN LAI HOCK/UANHE ZAOBAO - 483 words
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246 2009-09-17 10 THE government has released three Singaporeans detained under the Internal Security Act (ISA) for getting involved with terrorists, having assessed they now no longer pose a security threat They are Mohammad Sharif Rahmat, Simon Sabtu and Husin Abdul Aziz, according to a statement issued yesterday246 words
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465 2009-09-17 10 UMA SHANKARI - UMA SHANKARI Board (NHB) and Singapore Land Authority (SLA) last October through a joint request-for-interest exercise to develop, operate and manage integrated museum and art facilities. With lower start-up costs, it was envisioned that this would465 words
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347 2009-09-17 10 TEH SHI NING - TEH SHI NING By SIGNS of a global economic recovery are still fragile and the recovery in business confidence is slowing, according to the Association of Chartered Certified Accountants' (ACCA) latest worldwide survey. World leaders must not be lulled into complacency by mistaking347 words
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227 2009-09-17 10 MAS Selamat Kastari's escape blew the blogosphere away so much so that it bagged the 2008 Most Blogged-About Event award at the Singapore Blog Awards 2009. The awards, in their second year, are organised by Singapore Press Holdings' bilingual227 words
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Article, Illustration948 2009-09-17 10 It wins customers' trust by providing value-for-money products and services, write GOH CHENG KANG, LAY SHI WEI, KATIE PHON and TAY WEI PING ANNY Teo, managing director and founder of Gain City A Best Electric, built his compaI ny on two pillars trust and sincerity.JOHN HENG - 948 words
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Advertisement67 2009-09-17 10 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. Gain City Best Electric was among the E5O winners in 2008. The annual E5O ranking is co-organised by The Business67 words
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ECONOMY WATCH
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Article, Illustration581 2009-09-17 11 AP, Bloomberg Jobless rate in grouping will reach 10% or 57m people in H2 2010 [PARIS] Unemployment in leading industrialised nations will hit a new postwar record next year, surpassing the current high, as the global economy looks set for only a timid recoveryAP, Bloomberg; REUTERS - 581 words
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Article, Illustration402 2009-09-17 11 Bloomberg [LONDON] The US economic recovery will be "anaemic" and prone to a relapse because it lacks momentum, Morgan Stanley economist Stephen Roach said. "The economy is growing very close to what people refer to as a stall speed," Mr Roach, chairman of– Bloomberg - 402 words
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Article340 2009-09-17 11 Reuters [PARIS] The gulf between Europe and the US on bonuses for financial market employees makes it the hardest G-20 regulatory issue to agree on, the head of France's market watchdog Jean-Pierre Jouyet said yesterday. Speaking on French television the day after attending a meeting– Reuters - 340 words
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583 2009-09-17 11 Bloomberg Instead, they add to growing confidence in the credit markets [NEW YORK] A year after the bankruptcy of Lehman Brothers Holdings, credit default swaps have lost their stigma for disaster and are contributing to the growing confidence in the credit markets. The cost– Bloomberg - 583 words
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Article, Illustration395 2009-09-17 11 [TORONTO] US President Barack Obama has failed to appoint advisers and regulators who understand the complexity of financial systems, Nassim Taleb, author of The Black Swan, told a group of business people here. "I want my vote back," Mr Taleb, who said that he voted395 words
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Advertisement88 2009-09-17 11 y 1 The most secure way I g of dispatching small It M I items worldwide. Bl f^ B Swiss Post has a reliable and secure service for \Tw[| M the worldwide dispatch of letters and small f I i J ,^r^ parcels: Business to Consumer International. _l "xHR -jl88 words
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MALAYSIA/INDONESIA
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Article, Illustration457 2009-09-17 12 S JAYASANKARAN \f i i - S JAYASANKARAN \f i i Consortium said to be raising funds in India after getting Delhi's approval By in Kuala Lumpur THREE Indian banks have set up a consortium to undertake Malaysian commercial banking operations in Kuala Lumpur later this year. The457 words
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Article, Illustration459 2009-09-17 12 PAULINE NG - PAULINE NG Gaming firm to raise stake in struggling U Mobile by 42% By in Kuala Lumpur SHARES of gaming firm Multi-Purpose Holdings' (MPHB) slipped 3.6 per cent yesterday after it announced its intention to venture into the business of multimediaBLOOMBERG - 459 words
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333 2009-09-17 12 Reuters [JAKARTA] Indonesia's parliament passed yesterday a revised law on value added tax (VAT) and sales tax on luxury goods, which could boost corporate mergers and spur the country's fledgling Islamic markets. The law, which will come into effect in April next year, will■ Reuters - 333 words
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Advertisement2783 2009-09-17 12 GRAND BANKS YACHTS LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****1189E NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Monet Room, Pan Pacific Orchard, 10 Claymore Road, Singapore *****0 on Friday, 9 October2,783 words
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GREATER CHINA/INDIA
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Article, Illustration787 2009-09-17 13 Reuters It wants to offset the effect of new import duties imposed by the US [BEIJING] China's rubber association has urged the central government to increase tax rebates, reduce export tariffs and buy more domestically made tyres to offset the effect■ Reuters - 787 words
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Article, Illustration421 2009-09-17 13 Reuters [NEW DELHI] India's central bank will not unwind its accommodative monetary policy before ensuring recovery, but it will face the question of when to make its exit sooner than other countries, governor Duvvuri Subbarao said. The benchmark 10-year bond yield■ Reuters; AFP - 421 words
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233 2009-09-17 13 -Reuters [BEIJING] China Central Huijin Investment Ltd, the domestic arm of China's sovereign wealth fund, will be the institution that recapitalises the Export-Import Bank of China, domestic media reported yesterday. The website of Caijing magazine cited unidentified sources as saying that Huijin, now-Reuters - 233 words
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392 2009-09-17 13 Reuters 5-year deal to help fund CNPC's overseas expansion [BEIJING] China National Petroleum Corp (CNPC), parent of Asia's largest oil and gas producer PetroChina, said it secured a US$3O billion state loan to fund overseas expansion, as Beijing seeks to secure resources for the■ Reuters - 392 words
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242 2009-09-17 13 Bloomberg [HONG KONG] Citic Pacific Ltd, a Chinese state-owned investment company bailed out after derivative losses, said it is "very interested" in selling shares in the mainland pending new regulations. "Once regulations permit, an A-share listing is something Citic Pacific would be very interestedBloomberg - 242 words
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Advertisement35 2009-09-17 13 *l 0 ■P 2009 Avaya Inc. All Rights Reserved. Avaya would like to congratulate our customer OCBC Bank for winning the Best Contact Centre of the Year, three years in a row. AVAyA INTELLIGENT COMMUNICATIONS35 words
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ASIA-PACIFIC/WORLD
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Article, Illustration563 2009-09-17 14 Bloomberg Their parent companies have agreed on 200b yen injection [TOKYO] NEC Electronics and Renesas Technology are poised to merge in April after their parent companies agreed to inject 200 billion yen (Ss3.l billion) into what may become the world's third-largest chipmaker. NEC– Bloomberg; AP - 563 words
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459 2009-09-17 14 -NYT [PARIS] ING, the large financial services group, might have to pay back several billion euros to the Dutch state after European regulators said on Tuesday that a bailout of the Dutch bank might have been too generous. The European-NYT - 459 words
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Article, Illustration599 2009-09-17 14 Bloomberg Unions blame spate of employee suicides on reorganisation [PARIS] France Telecom, Europe's third largest phone company, pledged to help employees better cope with stress from a reorganisation plan that unions blame for a spate of suicides. French Labour Minister Xavier Darcos,– Bloomberg - 599 words
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273 2009-09-17 14 [HO CHI MINH CITY] Vietnam's construction ministry has asked Prime Minister Nguyen Tan Dung to temporarily ban sand exports from November to ensure domestic supply and protect the country's environment from unrestrained production. "We should halt sand exports until all provinces can provide273 words
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Article, Illustration501 2009-09-17 14 Bloomberg [SAN FRANCISCO] The first doses of a swine flu vaccine will be available in as soon as two weeks, providing health authorities a better chance of controlling the first pandemic in 41 years, US officials said yesterday. Shots made byBloomberg; AP - 501 words
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WORLD
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934 2009-09-17 15 LAT-WP UK joining other nations in tapping wealthy to cover massive budget shortfalls [LONDON] In this land of inherited privilege and celebrity billionaires, it no longer pays as much to be rich. Hobbled by soaring debt and ballooning public spending amid the globalLAT-WP - 934 words
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733 2009-09-17 15 •-NYT [NEW YORK] He seemed, in many ways, like a man from another time, a Gatsbye sque figure who glided through a world of old money, private clubs and pedigree horses, his family name emblazoned on Ivy League halls. Then, in an•-NYT - 733 words
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Article, Illustration390 2009-09-17 15 [NEW YORK] A third of companies are in crisis one year on from Lehman Brothers Holdings collapse and most are still cutting costs, a McKinsey Co survey has found. "A year after the global economic system nearly collapsed, many companies areBLOOMBERG - 390 words
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398 2009-09-17 15 Bloomberg [PARIS] A Qatari prince's plan to restore a 17th-centu-ry mansion in Paris was blocked on Tuesday by a French court which said it may mar the historical monument. The Paris administrative court said work on the mansion, formerly owned by theBloomberg - 398 words
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266 2009-09-17 15 Bloomberg [NEW YORK] The Wall Street Journal will start charging for its mobile application, including on the Blackßerry, News Corp chairman and chief executive officer Rupert Murdoch said today at a conference. In the next month or two, the newspaper will levy a■ Bloomberg - 266 words
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370 2009-09-17 15 Reuters [WASHINGTON] US workers who have health insurance for their families through employers have seen premiums more than double in the last decade, according to a survey released on Tuesday. According to the Kaiser Family Foundation, the average premium for a compa-ny-provided– Reuters - 370 words
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AVIATION
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Article, Illustration482 2009-09-17 16 Bloomberg Move will boost airline's cash holdings as travel demand plunges [HONG KONG] Cathay Pacific Airways Ltd will sell a HK$l.9 billion (*****.2 million) stake in Hong Kong Aircraft Engineering Co (Haeco) to its largest shareholder, boosting the airline's cash holdings– Bloomberg; BLOOMBERG - 482 words
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308 2009-09-17 16 Bloomberg [SAO PAULO, Brazil] Boeing Co, competing for a contract to supply 36 jet fighters to Brazil's air force, says the work may create 5,000 jobs there and the company sees further opportunities for the nation's aerospace industry. The Chicago-based planemaker wants to "expand well– Bloomberg - 308 words
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281 2009-09-17 16 Bloomberg [KUALA LUMPUR] Air Asia fell the most in six weeks yesterday after selling shares at a discount in a private placement aimed at cutting debt. The shares fell as much as 5 per cent to RM1.34 before closing at RM1.36, downBloomberg - 281 words
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300 2009-09-17 16 YEN SREENIVASAN - YEN SREENIVASAN By BOC Aviation has signed a sale-and-leaseback (S&L) agreement with Cathay Pacific for six Boeing 777-300ER aircraft, due for delivery from the planemaker's facility in Seattle from the fourth quarter of this year until Q2 2011. All aircraft will be300 words
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311 2009-09-17 16 Reuters [PARIS] French aerospace supplier Latecoere has announced plans to cut 1,000 jobs this year as its shares fell on the back of lower revenue forecasts. Chairman Francois Bertrand said that sales would steady in 2010 and grow in 2011 afterReuters - 311 words
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Article2739 2009-09-17 16 AIRLINE CODES: AA American Airlines (AAh. -F i France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bane les (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR2,739 words
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Page 16 Miscellaneous
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Miscellaneous208 2009-09-17 16 CRYPTIC CROSSWORD Across 27 Old mate with a ring exhibiting self-importance (4-1-4) 28 Everybody early eventual- 7 Gleam sent out when divided 25 Long drink first for bird (4) ly (3,2,4,4) into parts (9) 8 It's the best illustration one YESTERDAY'S SOLUTION Down could have (7 7) 1 Dnp has208 words
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SHIPPING
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Article, Illustration1103 2009-09-17 17 -AP WISTA has a membership increase of 40% in the past two years [ISTANBUL] Somali pirates who seize ships for ransom are holding more than 100 captive mariners, including a rarity in the maledominated shipping industry a woman officer. Women such as Aysun Akbay, a-AP; I AP - 1,103 words
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422 2009-09-17 17 VINCENT WEE - VINCENT WEE Payment terms to be in cost savings and carbon credits By [SINGAPORE] Russian-led high-tech company Neftech is offering shipping companies the possibility of saving 10 per cent or more on their fuel bill with its breakthrough cavitation technology and it has422 words
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Article, Illustration511 2009-09-17 17 -AP [DUBAI] DP World says its parent has dropped out of talks to sell a piece of the port operator, suggesting that Dubai is reluctant to loosen control of its most prized assets as it tries to fix its finances. The cargo-AP; FILE PHOTO - 511 words
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TRANSPORT STOCKS
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Article108 2009-09-17 17 '000 U^ Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.70 0.34 1.24 0.67 1.91108 words
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Article38 2009-09-17 17 '000 J6^ Vol Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.94 9.19 8.90 3.09 3.00 unch 0.09 unch 0.20 0.08 -0.01 unch unch unch 33 1954 1360 287 2 0 49838 words
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Article15 2009-09-17 17 '00 16 Baht Vol ■recious Ship Jegional Cont .18.20 11.40 0.10 0.10 2573 186815 words
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Article14 2009-09-17 17 '000 iep16 HK$ Vol Doil iingamas Cont 43.15 1.48 1.20 0.04 2146 800814 words
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Article25 2009-09-17 17 '000 16 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.30 22.00 unch unch 0.10 unch unch unch 40 1364 0 025 words
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Article25 2009-09-17 17 iep16 NT! Vol Evergreen Marine ....20.30 :irst Steamship 39.10 /Van Hai Lines 17.85 r"ang Ming Marine...13.00 0.15 0.45 0.15 unch 4 2 2 825 words
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Article43 2009-09-17 17 '000 iep16 Yen Vol (awasaki Hvy Ind ..229.00 (awasaki Kisen 385.00 Mitsubishi Hvy 353.00 Mitsui Eng&Sbldg...256.00 Mitsui Osk Lines 575.00 Mippon Express 368.00 MipponYusen 379.00 iource: Thomson Reuters -1.00 8010 -3.00 6178 -1.00 ***** 3.00 6110 -8.00 6854 -9.00 5687 -6.00 691243 words
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184 2009-09-17 17 VINCENT WEE - VINCENT WEE By [SINGAPORE] Container vessel Maersk Kendal ran aground yesterday morning at the Sebarok Beacon but the vessel was in stable condition and awaiting salvage. The Maritime and Port Authority of Singapore (MPA) said it received a report at 7.15 am that the184 words
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Page 17 Advertisements
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Advertisement233 2009-09-17 17 NYictOGISTICS J S.MEGACARRIER i I Packed into an NYK containership in Victoria Harbour, Canada, a shipment of choice soybeans begins a Pacific voyage. Shortly after arrival in Kobe, Japan, the soybeans are loaded onto trucks headed for a venerated tofu shop in Kyoto. "This tofu is exquisite." Hearing that, the233 words
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EDITORIAL & OPINION
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Article500 2009-09-17 18 WHEN economists pointed out several years ago that Singapore's potential medium-term growth had gone up several notches to about 8 per cent, the number one factor behind the rise, they said, was foreign labour expansion. An open-door policy towards foreign talent helped to overcome the constraints500 words
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Article, Illustration1171 2009-09-17 18 ERIC GULLER, HERVE PRETTRE; CHRISTINE SCHMID - Economic nationalism is a real concern, with financial protectionism at the fore By ERIC GULLER, HERVE PRETTRE and CHRISTINE SCHMID THE most striking cases of protectionism are found in times of severe depressions: the Meline tariffs restricting foreign imports were enacted in FranceAFP - 1,171 words
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Article, Illustration770 2009-09-17 18 LEON HADAR - LEON HADAR THE BOTTOM LINE EXACTLY a year after the collapse of Lehman Brothers and the ensuing financial crisis, US President Barack Obama has urged Congress to move on stalled regulatory reforms of the nation's financial system. Mr Obama, who was speaking770 words
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Article, Illustration1422 2009-09-17 19 JASPAL BINDRA - JASPAL BINDRA Countries with diverse political ideologies have made common a cause to tackle a global economic crisis By rn ORLD leaders must be congratulated for successfully coming together to combat the biggest global economic crisis in generations. Six months after leaders from theAFP - 1,422 words
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Article, Illustration891 2009-09-17 19 WILLIAM PESEK JR - Greenspan should visit Singapore and learn a thing or two WILLIAM PESEK JR AS ALAN Greenspan tirelessly makes the rounds to save his legacy, Singapore is reminding us why the former Federal Reserve chairman's efforts aren't working. Mr"We Can't Detect Bubbles" probably never thought he could learn a thing orBLOOMBERG - 891 words
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SINGAPORE STOCKS
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Article8888 2009-09-17 20 Transaction date: Sep 16 52-wks Tel |h Low Code Last Sale Vol C000) Hi. Day Last Quote Div Gr Yld Net 111 Low Buyer Seller C'vr P/E M Cap Sniil Hi. Coi 17 3 3148 8Telecom 9.5 2.5 5834 A-Sonic 31.5 12 5000 ABRHIdgs 14.5 5.5 1938 AEI8,888 words
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Article1653 2009-09-17 21 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld ('000) High Low Buyer Seller C'vr Net P/E M Cap $mil Company 15.5 5 1181 s AAGrp 26 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 201,653 words
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Article381 2009-09-17 21 _Hm Low Code Coi Sale fooo) _Hm Seller C'vr P/E Smll 110 100 6389 ABFSG Bond ETF 109.9 766 427 CIMBAsean40 100US$ US766 +10 274 149 DBS STI ETF 100 271 +1 4195 3534 DBXT DJE5O 10US$ US4195 DBXTDJE50Sh 10US$ US3076 1682 DBXT FTChina25 10US$ US3064 +69 5477381 words
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Article257 2009-09-17 21 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer257 words
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Article9347 2009-09-17 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.036/ AIGIF Spore Bond Fund/ A 1.347/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.09/ APS Alpha Fund (USD)!" 0.76/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5102/ APS Komaba9,347 words
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Page 20 Advertisements
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Advertisement18 2009-09-17 20 AUDEMARSPIGUET balance of forces Le maitre de I'horlogerie depuis 1875 zat^^h For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com18 words
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FINANCE & COMMODITIES
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369 2009-09-17 22 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Se| 15 World Index Preliminary 793.5 0.1 17.1 -0.1 19.8 -0.1 21/ EAFE Preliminai 756.2 0.3 16.5 -0.2 22.7 -0.2 24.3 Eun Prelim inan 1071.9369 words
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Article132 2009-09-17 22 As at 9am Sep 16 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2160 1.2530 Can dollar 1.3150 1.3310 Euro 2.0710 2.0940 NZ dollar 0.9940 1.0150 iterlini 2.3290 2.3550 US dollar 1.4110 1.4270 Local dollars to 100 units of foreign currency:132 words
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Article172 2009-09-17 22 Sep 16 fer Overnight 1-month 2-months 3-months Overnight mode: 1/8 ys$ 1/8 7/16 9/16 11/16 Offer 1/16 3/16 5/16 7/16 BJd 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.33 0.35 0.48 0 49 0.75 1.20 1.35 Offer 0.23 0.25 0.28172 words
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Article29 2009-09-17 22 Sep 16 ten Hii Sett iTI Se 2675 2675 2675 ilMSCI Se 314.9 322.2 320.9 Taiwan Se 269.4 273.3 272.6 Source: MF Global (S) He. Ltd29 words
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Article21 2009-09-17 22 Sep 16 Bid Offer 1-month 1.4188 1.4202 2-months 1.4190 1.4205 3-months 1.4191 1.4207 6-months 1.4196 1.4212 Source: OCBC21 words
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Article188 2009-09-17 22 Sep 16 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) Oct 09 NOV09 217.0 Dec 09 217.0 Jan 10 217.0 Feb 10 217.0 Mario 217.0 217.0 215.5 217.0 217.5 217.0 217.0 217.0 217.0 217.0 10 10 30 10 422188 words
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Article89 2009-09-17 22 Sep 16 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****X 17.12.2009 1-Year BY*****W 03.05.2010 0.32 0.39 0.28 0.28 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year89 words
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Article100 2009-09-17 22 Sep IS SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov09 960.00 909.00 977.75 901.50 Jan 10 964.00 913.75 979.75 907.50 Mar10 967.50 918.25 984.25 911.75 May 10 967.00 918.00 980.25 913.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct09 34.43 33.40 35.64 33.26 Dec 09100 words
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Article77 2009-09-17 22 CRUDE OIL PRODUCTS Sep IS CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 67.73 -0.44 WTI (Near Mth) 70.87 2.05 Dubai (1-Mth F) 67.52 0.29 Tapis blend 71.60 3.95 Minas 70.15 1.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 61.27 73.85 0.05 0.45 US$/barrel Opec Oil77 words
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Article465 2009-09-17 22 Sep 16 AS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound us: Australia 0.928 5.912 0.590 6.710 41.872 85.190 0.787 10.489 3.021 1.226 71.381 41.733 1.229 6.399 0.895 28.191 29.301 0.525 0.866 Canada 1.077 6.368 0.635 7.227 45.102465 words
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Article79 2009-09-17 22 Sen 16 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 6 mths 0.***** 9 mths 1.***** 12 mths 1.***** 3 mths 0.***** 0.***** 6 mths 9 mths 12 mths 0.***** 1.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs79 words
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Article156 2009-09-17 22 Sep 16 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2278 1.2297 0.8655 0.8660 Canadian dollar 1.3226 1.3245 0.9323 0.9327 Euro 2.0821 2.0846 1.4677 1.4680 NZ dollar 1.0015 1.0034 0.7060 0.7066 Sterling 2.3401 2.3433 1.6496 1.6502 US156 words
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Article167 2009-09-17 22 Sep 16 GOLD (USS/oz) Sep IS Sep 16 GOLD BULLION COINS (S$) Sellini Hong Kong 996.80 1015.00 997.80 Sep 14 Sep IS London 1000.10 1001.50 1001.10 1002.50 Source: Thomson Reuters (S$) Selling Buying 1 oz 1595.37 1443 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $559.61 459 SILVER167 words
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Article69 2009-09-17 22 Sep 15 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1821.25 3 months 1855.00 1800.50 1834.00 Copper, Grade A (US$/tonne) Cash 3 months 6183.50 6205.00 6123.75 6140.00 Lead (US$/tonne) Cash 2137.50 3 months 2166.50 2078.50 2105.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article71 2009-09-17 22 SepJS (Btonne) Close Prev Hii ih/Low SepO9 1948 1927 1951/1927 Dec 09 1983 1937 1991/1941 Mar 10 1989 1941 1995/1947 May 10 1996 1946 2001/1955 COFFEE (US$/tonne) Close Pev High/Low SepO9 1488 1491 1495/1490 Nov09 1502 1505 1523/1490 Jan 10 1522 1523 1540/1510 SUGAR (US tonne) White Close Prev71 words
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Article67 2009-09-17 22 Sep 16 Sep 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Oct 09 2180 2210 2210 2175 1660 3883 Nov09 2137 2190 2190 2133 6446 ***** Dec 09 2122 2181 2181 2122 ***** ***** Jan 10 211967 words
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Article295 2009-09-17 22 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO9 Mar10 Jun10 Sep10 99.5600 99.3550 99.0300 98.6700 7006 4115 4486 2250 EUROYEN TIBOR FUTURES DecO9 99.520 99.535 Mar10 99.555 99.555 Jun10 Sep10 99.530 99.530 Dec10 Mar11 99.450 99.450 Jun11 Sep11 99.520 99.555 99.530 99.450 99.535 99.565 99.560 99.545295 words
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2219 2009-09-17 22 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry el Last Vol Conv Exer Disc Gear- Mths lode Company Sale +or- ('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 ....3.5 1 15 12 4.71 56 !036Advance SCT Ltd W*****9 0.5 1 87 1246 13.00 11 Ascendas REIT.ES.0909 172 I756# Asiatic Grp(H) Ltd W*****22,219 words
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Page 23 Advertisements
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Advertisement3482 2009-09-17 23 m The Business Times Shipping Times 4k B^n^BffTßWtHTWffffßßnß WAN hai international pte ltd uen: *****4695 M |^2^^ W K^M gSlWrr^'^TO'rlllllMß ll%Tvi\ IAIAM UAI IIUrC TEL *****588 (14 LINES) FAX:*****163 E^^^B t fM^^^^l^B LHItMM(£ wSrSnSISb I V\^J» I WAN HAI INtj ™1I;«)3) *****888 FAX: (03) *****288 PEN TEL: (04)*****00 FAX: (04)*****993,482 words
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Page 24 Advertisements
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Advertisement5259 2009-09-17 24 I^l SI Iflri EASTERN CAR LINER, LTD I i^raMi'i'i:!<«'■:■ L^W'^B tffSl Ut—--__—l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS |i^EM MJHHmjUHiIiM lllliri.l'lllllllll__________________| I I inKKT) I Lillinq(KT) I LCB I SIN I PKL I )KT I SUR I SUB I VOY ETA ETD DESTINAMN PCL/PHL SERVICE AMX SERVICE Connecting5,259 words
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BizlT
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Article, Illustration571 2009-09-17 25 It's looking to double its headcount in Singapore and working with games developers on custom-made peripherals, reports WINSTON CHAI COMPUTER peripherals maker Razer plans to double its Singapore headcount to sharpen its R&D edge and make the island a test-bed for its state-of-the-art gaming gear.571 words
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299 2009-09-17 25 PHILIP KERPAN KWEE - PHILIP KERPAN KWEE By THE most popular video game-development platform has arrived in South-east Asia at the Singapore Polytechnic (SP). The Infocomm Development Authority and Epic Games China have joined hands with SP to launch a $2 million Unreal Technology Laboratory (UTL). It will feature the299 words
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244 2009-09-17 25 Opera is used for about 25% of global mobile Net traffic [HELSINKI] The world's top mobile browser maker, Norway's Opera Software, yesterday released a test version of its mobile browser, Mini 5, promising new features, easier usage and new design. "Opera Mini244 words
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522 2009-09-17 25 Reuters [SAN FRANSCISCO] Facebook is making enough money to cover its costs and now has 300 million users, the world's largest social networking site said on Tuesday, proving the Internet's newest star industry can be a viable business. Facebook is now generatingReuters - 522 words
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Page 25 Advertisements
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Advertisement37 2009-09-17 25 Call 6-594 7594 now for the IT Specialists Stone Forest IT fSggg KB fSB www.StoneForestlT.com.sg Partner E££J^o mß^^l Advantage J i^ii^tiViii'iiiii iii i iI3BBWI H Get the new Sun Storage 7000 Unified Storage Series now! fip^^'lSi^Jßß^N: :'M37 words
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PROPERTY
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Article, Illustration764 2009-09-17 26 Bloomberg Biggest US shopping mall owner has USs3.Bb, is looking at acquisitions [NEW YORK] Prices of US shopping malls may return to 2003 or 2004 levels as consumer spending and the commercial real estate market recover, Simon Property Group Inc chief executiveBloomberg; BLOOMBERG, AFP - 764 words
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808 2009-09-17 26 ■NYT [DALLAS] When the US Congress passed an US$B,OOO tax credit for first-time homebuyers last winter, it was intended as a dose of shock therapy during a crisis. Now, the question is becoming whether the housing market can function without it. As many as■NYT - 808 words
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Article, Illustration1141 2009-09-17 27 Bloomberg Community activists say that abandoned projects blighted their neighbourhood [BOSTON] Harvard University has provoked protest and confrontation in a nearby Boston neighbourhood where the school is backing away from plans to build housing and laboratories on land that it took years to buy. CommunityBloomberg; BLOOMBERG - 1,141 words
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Article, Illustration562 2009-09-17 28 UMA SHANKARI - UMA SHANKARI In both cases, the residential sector accounts for the biggest share By PROPERTY market sentiment continues to ride high, with preliminary data showing third-quarter investment sales up by 13 per cent from Q2. Q3 data to date shows: Colliers International - 562 words
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284 2009-09-17 28 Bloomberg [NEW YORK] Jones Lang LaSalle Inc, the second biggest publicly traded commercial property broker, is joining Real Estate Disposition Corp to start an online auction service to sell commercial property and loans. "In a stagnant sales market where interested investors are limited,Bloomberg - 284 words
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Page 26 Advertisements
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Advertisement42 2009-09-17 26 I Newsman Sole Marketing Agenl tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY The US$lO million manf^ What makes Indian cricket M.S. Dhoni fet so special? Stalking that took a deadly turn Husband of Singaporean slashed to death in Dubai speaks to tabla!42 words
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Advertisement318 2009-09-17 26 107 Eunos Aye 3 Industrial Land For Redevelopment Eunos Aye S r^BcTTMTtfl^ft I o Eunos Ave3^^^^^^^ cm .3 .^^^^^E^^H...... .^^^^^9. ra 3 Q- Sims Aye Changi Rd Land Area 4,979.75qm (approx 53,6005q ft) HDB Lease 30 30 years wef 1981 Plot ratio 2.5, Zoned Business 1 Walking distance to Paya318 words
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Advertisement141 2009-09-17 26 f^)l I^B% Fixed Rate "N Iy V) /Upto 2% Penalty Subsidy/Cash Rebate/ K]|W|])n I. I y*Jf s Refinance up to 2X of Valuation/ f HHyyUadpH^. V. y\7/ Cash out on your rj*^::--~~~J ITFgi I [ql I yTS^B^--\ s Cr___jZ^^--^_ Private Property P^ >vT^ HMSMuRiRB?^Bi ion f\ iVn KAAI|U^L^ILm^V 7~^^J^^^H" M141 words
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Page 27 Advertisements
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Advertisement466 2009-09-17 27 V" *SB^& wm <&'&Y. <i;^BH K*^ ■■mm in hi i Jal^tMYT^^^ '"'^i^B r^v Exclusive Development-Only 86 apartments available. Stunning studios, 1,2, 3 bedroom apartments close to world-class shopping, theatre, cinema and dining. W*£ W J\T^J ***** I ne London's most exciting new areas bordering The City, Docklands and the 2012466 words
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Advertisement1567 2009-09-17 28 A Till 1 I BPHr l^fcu^ssaj^H^^MTTiTi [TB (ill TTi 1 |I^»^T'. I'J 11 pfl t. .1 A i V H J M 1 A M M /ill HOW TO ZAP: Download software by SMS-mg the word "zap" to ***** (post-paid! HM or 9741-9401 (pre-paid). Zap the colour code found in1,567 words
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