The Business Times, 31 December 2009

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Total Pages: 25
1 25 The Business Times
  • 23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf!i A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, December 31,2009
    23 words
  • 731 1 -AFP Officials hope it will expand Asia's trade reach while boosting intra-regional trade [JAKARTA] China and South-east Asia will establish the world's biggest free trade area (FTA) on Friday, liberalising billions of dollars in goods and investments covering a market of 1.7 billion consumers.
    -AFP  -  731 words
  • MARKETS DIGEST
    • 86 1 IS$ (S$ per US$) 1.405 (US$/S$ per 1.591 2.234 :URO (US$/S$/E) 1.436 2.016 Foreign currency per US$ S$ 'EN 92.10 65.60 3.427 2.440 IK$ 7.755 5.522 !AHT 33.36 23.75 lUPIAH 9,448 6,727 1ENMINBI 6.827 4.861 INDIAN RUPEE 46.71 33.26 1.120 0.797 IZ$ 1.396 0.994 1 COMP 1,271.12 -4.10 IIKKEI225
      86 words
    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.287 TAIWAN 4.696 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.54 INDIA 11.75 Source:
      Bloomberg  -  29 words
  • 648 1  -  EMILYN YAP Considerable interest expected in two sites on HI list; MTI to also replenish reserve list which will have one new site and seven brought over from 2009 By [SINGAPORE] The government will bring back the confirmed list for industrial land sales in
    648 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 58 1 PROPERTY ■^pn^ rr t JAPAN ECONOMY PPP PROJECTS BizlT jL Rent your own &^M 0H Tokyo's 10-yrplan Getting public-private Netbook salvages IjM private island p^"f hto cx Pand economy partnership right laptop sales in 2009 m RAGE 25 II RAGE 9 RAGE 4 RAGE 24 HI Start 201 (Ttj with
      58 words

  • TOP STORIES
    • 541 2  -  UMA SHANKARI KEITH CHEE Budgets are not slashed; new venues set to dazzle By and [SINGAPORE] Revellers looking to welcome 2010 in style have no shortage of countdown parties to attend tonight. Despite a year of economic pressure, party organisers are neither
      THE ESPLANADE  -  541 words
    • 496 2  -  TEH SHI NING Biomedical slump expected to dampen growth in Q4 By [SINGAPORE] Economists expect stronger year-on-year (yoy) growth for the final quarter of 2009, although a slump in biomedical output could trigger a quarterly contraction. The government will announce the Q4 GDP
      496 words
    • 904 2  -  LEE HSIEN LOONG COMMENTARY By HE year 2009 has turned out better than feared. Decisive responses by governments, and the coordinated efforts of the Group of 20 (G-20), succeeded in averting financial disaster and restoring confidence. While the worst is behind us, global prospects
      904 words
    • THREE-MINUTE DIGEST
      • 50 2 THE government will bring back the confirmed list for industrial land sales in HI 2010, providing further evidence of an economy on the mend. Market watchers have welcomed the move and expect to see considerable interest in sites on the upcoming list. FRONT PAGE
        50 words
      • 68 2 CHINA and South-east Asia will establish the world's biggest free trade area tomorrow, liberalising billions of dollars in goods and investments covering a market of 1.7 billion consumers. Eight years in the making, the Asean-China FTA will rival the European Union and the North
        68 words
      • 65 2 ECONOMISTS expect stronger year-on-year growth for the final quarter of 2009, although a slump in biomedical output could trigger a quarterly contraction. For the full year, the economists' median forecast is a 2 per cent GDP contraction. But this is at the upper
        65 words
      • 68 2 THE board of United International Securities yesterday defended the merits of the fund's closed-end structure and also dealt with other criticisms from shareholders at an extraordinary general meeting called last month by institutional shareholder Laxey Partners. Laxey was unhappy over the discount
        68 words
      • 61 2 CHINA Flexible Packaging Holdings saw net profit for its fiscal year ended Oct 31 plunge 64.3 per cent to 34.8 million yuan as revenue slid 24 per cent to 728.8 million yuan. This despite net profit for its fiscal fourth quarter rising 37.8
        61 words
      • 60 2 Z-OBEE's plan to dual-list its shares has been put back on track after a one-week limbo. The China-based handset maker said yesterday that its proposal to dual-list in Hong Kong by way of introduction is now awaiting the green light from the
        60 words
      • 51 2 THE Government of Singapore Investment Corporation is mulling over whether to include the inflation rates of countries such as China in its benchmark for target returns on investments, according to a recent interview published in the Commonwealth Magazine. SINGAPORE NEWS, PAGE
        51 words
      • 60 2 THE National Research Foundation is setting aside $50 million to nurture early-stage, high-tech start-up companies here to boost their chances of turning innovative ideas into commercial success. Under the Technology Incubation Scheme, NRF will provide co-investment funding of up to 85 per cent in each
        60 words
      • 54 2 JAPANESE Prime Minister Yukio Hatoyama's government yesterday unveiled its first long-term blueprint to underpin the expansion of the world's second-largest economy. The plan aims to secure average annual real gross domestic product growth of about 2 per cent over the next 10 years.
        54 words
      • 68 2 HONG Kong's pending acceptance of Chinese accounting standards will mark an important advance in Beijing's drive to globalise its financial sector, but could also challenge international investors with reports prepared by an industry prone to scandal. A proposed rule change would see
        68 words
    • 2035 4  -  ANNA TEO It can provide new business opportunities, better value by tapping private sector skills and resources Reports by [SINGAPORE] The 55,000-seat Olympic stadium with extendable tiers was billed as the largest ultra-lightweight tropical dome in the sporting world, with a sliding roof that lights up
      2,035 words
    • 596 4 PUBLIC-PRIVATE partnerships or what are commonly called private finance initiatives (PFI) in the United Kingdom can deliver benefits but aren't suitable at any price or in every circumstance. That's the key takeaway from a recent study of more than 100 private finance projects
      596 words
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    • 76 2 1^ 4± www.avlgroup.com.sg ffIMM 1 Bring the cinema home ni ii in n ic m ici i ia i mi i ie In the same way film makers go to great lengths to create spectacular, unforgettable movies, AY One invests all its effort and expertise to ensure that your new
      76 words

  • Page 3 Advertisements
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  • COMPANY NEWS
    • 660 5  -  JAMIE LEE EGM WATCH Some shareholders had sought solution to narrow NAY, share price gap By THE board of United International Securities (UIS) yesterday defended the merits of the fund's closed-end structure and also dealt with other criticisms from shareholders at an extraordinary general meeting
      660 words
    • 370 5  -  r WINSTON CHAI By TIGHTER cost controls helped offset a revenue decline and lifted Transview Holdings's full-year net profit up 23 per cent to $1.42 million. For the financial year ended Oct 31, the golf equipment distributor raked in sales of $29.5 million,
      370 words
    • 407 5  -  JOYCE HOOI Group blames weak economy leading to lower demand By CHINA Flexible Packaging Holdings saw net profit for its fiscal year ended Oct 31 plunge 64.3 per cent to 34.8 million yuan (557.2 million) as revenue slid 24 per cent to 728.8
      407 words
    • COMPANY BRIEFS
      • 75 5 YOUCAN Foods International warned that its business operations for the full year ending Dec 31, 2009, is unlikely to be profitable. However, the one-off compensation payment of 67.3 million yuan (5513.86 million) which the frozen food and ice-cream maker will be receiving from various authorities
        75 words
      • 74 5 BERGER International said it has entered a conditional agreement to sell its loss-making Thai unit, Berger Paints (Thailand) Limited (BPT), to certain employees there for about $0.6 million in cash. One of the buyers is the managing director of BPT, Vijendra Bahadur Singh. Berger said
        74 words
      • 95 5 JAPAN Land has appointed executive director Leow Tet Sin as managing director and a member of its nominating committee, with effect from Dec 23, 2009. Mr Leow, 63, joined the property maintenance company as deputy managing director in 2005 and was appointed executive director in
        95 words
    • 255 5 SINGAPORE Post (Sing Post) has announced the appointment of Ng Hin Lee, its chief financial officer (CFO), as deputy group chief executive officer with effect from Monday. Mr Ng, who joined SingPost in 2006, will concurrently hold the functions and responsibilities of the CFO.
      255 words
    • 308 7  -  WINSTON CHAI Proposal now awaiting green light from Hong Kong stock exchange By Z-OBEE's plan to dual-list its shares has been put back on track after a one-week limbo. The China-based handset maker said yesterday that its proposal to dual-list in Hong
      308 words
    • 563 7 Bloomberg It's in talks with JOiL to help promote the plant-based biodiesel [TOKYO] Toyota Tsusho Corp, which bought a stake in Singapore-based seed researcher JOiL this year, plans to start growing jatropha next year as it bets that higher crop yields and
      Bloomberg  -  563 words
    • 1231 7 Bloomberg GLOBAL M&A Next year won't be especially busy for advisers: analysts [NEW YORK] Takeover advisers who cheered a surprise fourth-quarter surge in mergers and acquisitions (M&A) may still have years to wait for a return to 2007's record deal-making. Takeovers by ExxonMobil Corp
      Bloomberg; PHOTOS: AFP, AP  -  1,231 words
  • Page 5 Advertisements

  • SINGAPORE MARKETS
    • 581 6  -  R SIVANITHY STOCKS They soak up bulk of market's window-dressing activities as blue chips take a back seat SECOND liners and penny stocks continued to soak up the bulk of the market's window-dressing energies yesterday as blue chips took a back seat for most of the session.
      : Bloomberg  -  581 words
    • 101 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 12 4 1 0 0 0 12 4 1 lanufacturing 64 44 78 14 68 49 92 Commerce 31 13 24 39 14 30 "pt/Stor/Comms 17 10 12 18 12 12 ■inance 11 10 11 10
      101 words
    • 106 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 27,235 27,235 49,136 49,136 lanufacturing 474,511 43,542 518,053 175,707 2,515 178,222 lommerce 234,592 19,949 254,541 126,332 4,387 130,719 'pt/Stor/Comms 94,472 6,021 100,493 124,426 1,242 125,668 :i nance 33,907 33,907 133,510 133,510 lonstruction 113,657 4,253 117,910 32,409 70 32,479 'roperties
      106 words
    • 104 6 lapitaLand 4.200 +0.050 lapitaMall 1.760 -0.040 jtyDev 11.460 +0.060 lomfortDelGrc 1.630 losco Corp 1.180 -0.030 IBS Grp 15.300 :&N 4.220 +0.020 ienting SP 1.260 -0.020 iolden Agri 0.505 IK Land 4.810 +0.060 IMH 29.980 -0.300 ISH 17.700 +0.020 lardineC&C 26.720 +0.480 Ceppel Corp 8.220 -0.010 IOL
      104 words
    • Article, Illustration
      940 6  -  CONRAD TAN DMG PARTNERS SECURITIES, Dec 30 KEPPEL FELS, a subsidiary of Keppel Offshore Marine, has delivered West Vencedor, the sixth of seven Keppel FELS semi-submersi-ble drilling tenders (SSDT) to Seadrill, an international offshore drilling contractor, ahead of schedule and within budget, garnering a bonus of Ssloo,ooo. The
      Bloomberg  -  940 words
    • 505 6 Reuters CURRENCIES [NEW YORK] The dollar gained across the board yesterday, hitting its highest since late September against the Japanese yen as it benefited from year-end flows in thin trade and from the view that the US economy is on the road to
      – Reuters; REUTERS  -  505 words
    • 4 6 DAILY
      4 words
    • 61 6 CLOSE IT OB/OS 543.00+119.C IT CADI -*****.00 +99. IT 10-day MA -*****.00+54.01 TSE ST Mid Cap 695.25 +2.7 TSE ST Small Cap 546.82 +2.11 TSE ST All Share 710.75 +2.5 TSE ST China Top 282.93 -0.9i TSE ST China 300.14 +1.3 TSE ST Catalist 1238.73 +35.3 TSE
      61 words
    • 59 6 VOLUME MAP Tech 149,278,000 Oceanus 119,187,000 Genting SP 103,774,000 HockLianSenq 46,735,000 Golden Agri 45,594,000 Z-Obee Hldqs 44,043,000 Teledata 39,990,000 China XLX 34,160,000 Ying Li 27,669,000 GMG Global 25,798,000 VALUE(S) Genting SP 130,569,840 Oceanus 54,175,780 DBS Grp 38,789,513 Capita Land 38,086,970 UOB 33,287,880 SGX 31,548,940 Keppel Corp 28,248,650
      59 words
    • 98 6 CLOSE UP iBXT FTVietnam 10US$ 4438 164.2 2.7 lardine C&C 2672 48.0 1.: IOB 1968 22.0 1.1 IOB.ES.0912 1968 22.0 1.1 ilA 200 1484 20.0 1.. iBS.ES.1001 1526 18.0 1., ilA 1488 18.0 1., iBXT S&P Short 10US$ 5370 11.2 0.1 'ilmar.ES.0912 642 11.0 1. ICBC Bk4.5%NCPS 100 9760
      98 words
    • 114 6 CLOSE DOWN IMH 2998 -42.1 -1.0 ICC 3.93% NCPS10 8380 -20.0 -0.2 China H 10US$ 1626 -16.9 -0.7 India Ni 10 1562 -15.0 -1.1 fHS 165 -10.0 -5.7 MS India 10US$ 1510 -8.4 -0.. Creative Tech 640 -8.0 -1.2 reat Eastern 1342 -8.0 -0.6 355 -7.0 -1.! ISMSCI India
      114 words
    • 81 6 iere stands ISS Dec 30 %CHNG CLOSE FR Dec 29 YR2009 S$ LOW S$ HIGH 1.4039 0.20 1.5579 1.3800 iuro 2.0140 0.47 2.0952 1.9150 'ounds 2.2281 1.09 2.4366 2.0356 1.2531 -0.10 1.2942 0.9453 ren* 1.5403 -0.43 1.7278 1.4831 lupiah* 0.***** 0.09 0.***** 0.***** !aht* 4.2102 0.15 4.3390 4.1040 'eso*
      81 words

  • Page 7 Advertisements
    • 621 7 inthema«erof IN THE MATTER OF IN THE MATTER OF IN THE MATTER OF IN THE MATTER OF the companiesi Act, cap so THE COMpAN ES ACT the COMPANIES ACT, THE COMPANIES ACT, THE COMPANIES ACT, in the Matter of CHAPTER 50 CHAPTER 50 CHAPTER 50 CHAPTER 50 TJ Cosmetic. Pte
      621 words
    • 78 7 PI ktifl JACKPOT *3,OOO,OOOTODAY! Sales Close at 6pm Draw at 6.30pm at PoMo > A Date With Singapore Pools Feng Shui for 2010 Will the Tiger Maul the Market? by Grand Master Raymond Lo 8 January 2010, 7.30pm at Singapore Conference Hall Tickets on sale now at all Branches Selected
      78 words

  • SINGAPORE NEWS
    • 494 8  -  JOYCE HOOI This will affect its benchmark for target returns on investments By THE Government of Singapore Investment Corporation (GIC) is mulling over whether to include the inflation rates of countries such as China in its benchmark for target returns on
      494 words
    • 249 8 PROPERTY group CapitaLand has come up with a unique way to spread the festive cheer: it is donating $2 to a children's charity in Singapore for every electronic greeting card (e--card) sent from its website. The "SEND For Hope" campaign will benefit the
      249 words
    • 545 8  -  EMILYN YAP With a development charge of $9.5 m, it costs $683 psf ppr By GREEN Lodge at Toh Tuck Road has been put up for collective sale the second residential site to be marketed en bloc in slightly more than a
      545 words
    • 301 8  -  UMA SHANKARI By MANY Asian real estate companies expect to pay higher year-end bonuses and wage increases, according to a survey sponsored by the Asian Public Real Estate Association. Thirty-four real estate companies and funds took part in the survey, which showed
      301 words
    • 91 8 AIRPORT visitors can experience a ride on the Segway a two wheeled, self balancing transportation device at Terminal 3 's Segway Fun Ride @Changi. Each ride costs $10 for three rounds on the 80m long indoor circuit. However, every $20 spent at Changi in a single
      YEN MENG JIIN  -  91 words
    • 342 8  -  CHEN HUIFEN NRF to offer co-investment funding By THE National Research Foundation (NRF) is setting aside $50 million to nurture early-stage, high-tech start-up companies here to boost their chances of turning innovative ideas into commercial success. Under the Technology Incubation Scheme (TIS), NRF will provide
      342 words
    • 226 8 NGEE Ann Polytechnic said yesterday that it will collaborate with Microsoft Singapore to groom infocomm sales and marketing professionals (IS&Ms). The move is in response to the Infocomm Development Authority's infocomm manpower 2008 survey, which showed the IS&M category was one of
      226 words
    • SINGAPORE ROUNDUP
      • 59 8 MOTORISTS with parking coupons valid for 2009 are reminded that these cannot be used from tomorrow. Unused expired coupons can be exchanged for new ones during office hours from today at HDB branch offices and service centres and the customer service centre at URA Centre.
        59 words
      • 81 8 SIX markets and hawker centres that have had face-lifts under the National Environment Agency's Hawker Centres Upgrading Programme will re-open in January. They are: Ang Mo Kio 628 Market, Kebun Baru Market and Food Centre, Beo Crescent Market, Kukoh 21 Food Centre, 11 Telok
        81 words
  • Page 8 Advertisements
    • 225 8 IN THE MATTER OF I I IN THE MATTER OF THE COMPANIES ACT, THE COMPANIES ACT, CHAPTER 50 CHAPTER 50 AND AND IN THE MATTER OF IN THE MATTER OF SHAKOTAN SHIPPING PTE LTD VIRTUS SHIPPING PTE LTD (INMEMBER'SVOLUNTARYLIQUIDATION) (IN MEMBER'S VOLUNTARY LIQUIDATION) (Company Registration No. *****1906K) (Company Registration No.
      225 words

  • ECONOMY WATCH
    • 587 9  -  ANTHONY ROWLEY It eyes 2% average annual real GDP growth and 30% economic expansion By in Tokyo JAPANESE Prime Minister Yukio Hatoyama's four-month-old government yesterday unveiled its first long-term blueprint to underpin the expansion of the world's second-largest economy. The plan aims to
      BLOOMBERG  -  587 words
    • 474 9 Bloomberg [OTTAWA] Canadians are the most optimistic about the country's economic prospects since 2007, according to a poll by Nanos Research, adding to evidence that the economy is rebounding from its first recession since 1992. The proportion of Canadians who predict the economy will strengthen
      Bloomberg  -  474 words
    • 425 9 Reuters Its finances need consolidating, and deficit has to be cut [HONG KONG] The direction of Japan's credit rating would largely depend on the government's efforts to consolidate its finances in the medium term and cut its deficit, an analyst at Moody's Investors
      – Reuters  -  425 words
    • 381 9 Bloomberg [HANOI] Vietnam said yesterday it plans to boost stocks liquidity by loosening restrictions on the sale of equities next month. The regulator will reduce by one day the minimum period in which buyers have to hold onto shares before selling them, the regulator
      – Bloomberg  -  381 words
    • 981 9 Bloomberg Average 43% tumble of some is about five times the decline of S&P 500 Index [BOSTON] US stock mutual funds with the biggest losses in the past 10 years, a list topped by Fidelity Growth Strategies and Vanguard US Growth,
      – Bloomberg  -  981 words

  • MALAYSIA/INDONESIA
    • 557 10  -  S JAYASANKARAN Economic growth, sector dominance and political links are among reasons By in Kuala Lumpur MEDIA Prima, Malaysia's largest media conglomerate, has begun attracting the attention of analysts on the strength of an economic recovery and the group's exposure to every facet
      557 words
    • 1110 10  -  S JAYASANKARAN PM still has three years to resuscitate ruling BN By in Kuala Lumpur AN enduring Malaysian belief is that the names of the country's premiers follow the letters of the last name of the first prime minister Tunku Abdul Rahman. Thus, the
      FILE PHOTOS  -  1,110 words
    • 545 10 [JAKARTA] Indonesia will allow some infrastructure projects deemed in the public interest such as toll roads and geothermal energy plants to operate in protected forests, the chief economics minister said yesterday. Under Indonesian law, it is currently forbidden to undertake any kind of
      BLOOMBERG; – Reuters  -  545 words
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      34 words

  • GREATER CHINA/INDIA
    • 739 11 Reuters Move will cut costs but concerns raised over supervision of Chinese auditors [HONG KONG] Hong Kong's pending acceptance of Chinese accounting standards will mark an important advance in Beijing's drive to globalise its financial sector, but could also challenge international investors
      – Reuters  -  739 words
    • 463 11 Bloomberg [BEIJING] PetroChina Co won the approval of the Canadian government for its Csl.9 billion (552.55 billion) bid to buy a stake in two Alberta oil-sands projects, its biggest North American acquisition. The purchase by China's largest oil company of a 60 per cent
      – Bloomberg; BLOOMBERG  -  463 words
    • 336 11 Bloomberg Panel recommends new path to cut govt budget deficit [NEW DELHI] India's budget deficit, forecast to balloon to a 16-year high this year, can't be sustained for a long time, said Finance Minister Pranab Mukherjee. "We shall have to strike a balance
      – Bloomberg  -  336 words
    • 290 11 [HONG KONG] Hong Kong's English-language daily the South China Morning Post (SCMP) on Tuesday laid off more than 30 editorial staff as part of a restructuring exercise, sources said. In an internal e-mail circulated among staff and seen by AFP, the Post's edi-tor-in-chief
      -AFP  -  290 words
    • 691 11 -AFP Culprit is quick to strike and disappear into city of 7 million [HONG KONG] As hundreds of thousands of people prepare to gather for New Year's Eve, Hong Kong police are on high alert as fears grow that
      -AFP; AFP  -  691 words
    • 398 11 Reuters [BEIJING] A Chinese rear admiral has urged the nation to set up navy supply bases overseas in an interview posted on the Ministry of Defence website after China paid a ransom to free a ship held for nine weeks by Somali
      – Reuters  -  398 words

  • ASIA-PACIFIC/WORLD
    • 587 12 Bloomberg Investors trade more equity derivatives to protect assets, bet on price swings [CHICAGO] Investors locking in gains from the biggest stocks rally in seven decades pushed options trading in the United States to a seventh straight annual record. The number of
      – Bloomberg; AFP  -  587 words
    • 465 12 AP [ADELAIDE] Trouble struck paradise this week when a British man who has the "Best Job in the World" as the caretaker of a tropical Australian island was stung by a potentially lethal jellyfish. Ben Southall who won a contest to blog
      AP; AFP  -  465 words
    • 490 12 Reuters They would allow some suspended projects to go ahead [BANGKOK] Thailand on Tuesday approved regulations on health and environment assessments for industrial projects, a step towards allowing suspended operations to go ahead at the world's eighth-biggest petrochemical hub. A court has
      – Reuters  -  490 words
    • 495 12 Reuters [SYDNEY] Australia's international student sector, the third largest export earner, is forecast to see a 20 per cent drop in Indian students in 2010, costing U5569.7 million, after a series of attacks on Indians students in 2009. A study by The
      – Reuters  -  495 words
    • 379 12 Reuters [AMSTERDAM] General Motors (GM) has dropped a Dec 31 deadline for bids for its Swedish car brand Saab, which will restart some production lines in January after a shutdown, Saab said yesterday. GM had given itself till the end of this
      – Reuters  -  379 words
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  • WORLD
    • 852 13 [HONOLULU] President Barack Obama lashed out at systemic intelligence failures, after learning a US security agency had prior information that might have averted the attempted attack on a US jet. Mr Obama was told on Tuesday there had been warnings of possible
      AFP  -  852 words
    • 616 13 Deal may be reached in days as group factors in losses from home-loan businesses [SAN FRANCISCO] GMAC Inc, the home and auto lender that counts the US government as the largest stakeholder, is discussing with the Obama administration a third bailout
      616 words
    • 388 13 -AFP [PARIS] French President Nicolas Sarkozy faced an embarrassing setback yesterday after the high court struck down a planned carbon tax to fight global warming, just days before it was to kick in. The constitutional court ruled that too many exemptions to the
      -AFP  -  388 words
    • 52 13 AFP [TOKYO] Belugas (white whales) posing yesterday with oranges on their heads, depicting rice cake offerings, at the Hakkeijima Sea Paradise aquarium in Yokohama in Kanagawa prefecture, suburban Tokyo. The mammals were among sea creatures being trained as part of an aquarium attraction for tomorrow's New Year's
      AFP  -  52 words
    • 535 13 Reuters More aggressive prosecutions also expected to follow [WASHINGTON] The year of the Ponzi scheme will be followed by heightened regulation and more aggressive prosecutions, experts say, as US officials respond to past failures. Bernard Madoff s massive US$65 billion fraud grabbed
      – Reuters  -  535 words
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  • EDITORIAL & OPINION
    • 520 15 A NEW Year resolution that world leaders must make is to set right the fiasco that bedevilled this month's Copenhagen climate change conference and turn the broad political agreement reached there into a legally binding treaty by next December. The blame game that
      520 words
    • 890 15  -  ANTHONY ROWLEY It's time to reflect on the need for a better balance between individual and communal values ANEW year offers perennial hope of rebirth, and yet as 2010 draws nigh it is easier to discern a twilight that of aggressive individualism
      BLOOMBERG  -  890 words
    • 768 15 THE BOTTOM LINE THE trial and imprisonment last week of Liv Xiaobo, a scholar and human rights activist, was eerily reminiscent of another trial 72 years ago, that of Shen Junru, a legal scholar who went on to become the first president ofthe
      768 words
    • 779 16  -  LEON HADAR AS ONE of the most exhilarating and yet depressing years in the history of Washington comes to an end, many pundits are already writing the political obituary of the leading character in this chapter: Barack Obama is predicted to become a
      779 words
    • 1176 16  -  HEATHER TIMMONS -NYT Dubai's recent troubles are a reminder that in up-and-coming economies, what goes up can come down and fast By [NEW DELHI] THIS was a lost decade for the American stock market. But for much of the developing world, it was the Roaring
      -NYT; REUTERS  -  1,176 words


  • AVIATION/SHIPPING
    • 440 17  -  VEN SREENIVASAN Much improved, but there's a lot of ground to make up, says lata By ISINGAPORE] The steady year-on-year improvement in global air traffic accelerated in November, when passenger demand rose 2.1 per cent and freight demand an impressive 9.5 per cent. According
      440 words
    • 428 17 [BANGALORE] Investors' optimism surrounding the shares of airport security systems makers could be premature as interest in the companies' products after the Christmas Day plane scare is not expected to translate into immediate orders. Shares of explosive-de-tection equipment makers OSI Systems, American Science and
      428 words
    • 2823 17 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:
      2,823 words
    • TRANSPORT STOCKS
      • 106 17 '000 :H Offshore Ihuan Hup Hldgs losco Corp ZWTLtd Ezra Hldgs rirst Ship Lease rreight Links jrand Banks laya Hold Ltd <1Ventures <eppel Corp Vlercator Lines VlTQCorp MOL Pacific Shipping 3an-United Corp Rickmers Mari iamudera Ship iembcorp Indust iembcorp Marine ipore Ship 0.68 0.35 1.18 0.84 2.25 0.60 ....unch
        106 words
      • 33 17 '000 lee Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings PDZ Holdings 0.88 8.55 8.49 3.19 3.10 0.08 unch -0.04 -0.10 0.01 unch unch 101 20 39 303 501 261
        33 words
      • 16 17 '00 lee 30 Baht Vol ■recious Ship Jegional Cont ..18.80 lunch 0.10 -0.20 206! 26!
        16 words
      • 11 17 '000 Doil iingamas Cont 35.60 1.17 -0.35 19) 0.05 *****
        11 words
      • 16 17 '000 Aboitiz Equity Intl Container Keppel Marine 9.00 22.50 unch 0.20 ***** unch 37! unch
        16 words
      • 19 17 Evergreen Marine ....17.55 :irst Steamship 48.90 /Van Hai Lines 16.45 fang Ming Marine...12.05 0.25 1.20 0.10 unch 1
        19 words
      • 39 17 '000 :awasaki Hvy Ind ..234.00 :awasaki Kisen 264.00 Mitsubishi Hvy 326.00 /litsui Eng&Sbldg...222.00 Mitsui Osk Lines 489.00 Jippon Express 381.00 Jippon Yusen 285.00 -2.00 703: unch 3821 -6.00 938! -4.oo 41 o; -3.00 634! -5.00 260' -1.00 *****
        39 words
    • 456 17  -  PAULINE NG It posts up to 19% jump in passenger traffic in October By [MALAYSIA] With the global aviation sector expected to rack up 2009 losses running into billions of dollars, Malaysia Airports Holdings Bhd (MAHB) is holding its own. At
      456 words
    • 514 17 [TOKYO] Japan's government will provide additional funding for Japan Airlines Corp until a turnaround plan is announced in mid-January aimed at preventing a collapse of Asia's biggest carrier by sales. The government won't disclose details of the plan, said Transport Minister Seiji Maehara at
      BLOOMBERG  -  514 words
    • 240 17 Bernama [JOHOR BARU] Port of Tanjung Pelepas (PTP) and Johor Port, both owned by MMC Corporation Bhd, is still waiting for the government's decision on the plan to rationalise their operations. A source from PTP who refused to be named
      – Bernama  -  240 words

  • SINGAPORE STOCKS
    • 8849 18 Transaction date: Dec 30 52-wks Tel |h Low Code Last Sale Vol C000) Hi; Day |h Low Bl Last Quote Liver Seller Div Gr Yld C'vr Net P/E M Cap Sinil Hi. Col 18 3 3148 8Telecom 9.5 2.5 5834 A-Sonic 34 16 5000 ABRHIdgs 15.5 5.5 1938
      8,849 words
    • 1691 19 52-wks Tel ligh Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net C000) High Low Buyer Seller C'vr P/E M Cap $mil 10 6 1181 s AAGrp 25 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 3.5 3480 t Adventus 20
      1,691 words
    • 393 19 Hi< Low Code Comi fete fogol Hii Low Big seta C'vr P/E imil 111 107 6389 ABFSG Bond ETF 109 819 427 CIMBAsean40 100US$ US811 290 149 DBSSTIETF100 289 +1 4627 3534 DBXT DJE50 10US$ US4335 3282 1682 DBXT FTChina25 10US$ US2975 5819 3228 DBXT FTViGtnam 10US$ US4438
      393 words
    • 253 19 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      253 words
    • 9263 19 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.175/ AIGIF S'pore Bond Fund/A 1.382/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.18/ APS Alpha Fund (USD)!** 0.84/ AXA Life Secure Ascent 2020 Fund 0.9382/0.9382 AXA Wealth Mgt S'pore Pte Ltd AXAWM -Talents
      9,263 words
  • Page 18 Advertisements
    • 38 18 4fh -I^"nJ"\ 111 i if1 l'*!f'l'i^""■'iC^'-"^l^'■*'"' ''^li' vN I 111 'hL wi Vi^l '^.^^l i M 111 'Ih I^l I I 'ji i —-4 AM 1 \v\i^^l IVI A ftvift 4h V k f^k 1111 II 111 I
      38 words


  • FINANCE & COMMODITIES
    • 364 20 In local curr In S$ In US1 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Dec 29 World Index Preliminary 838.8 0.1 23.8 0.0 24.7 0.2 28.1 EAFE Preliminai 789.1 0.4 21.6 0.3 25.3 0.5 28.I Euro[ Prelim inan 1132.3
      364 words
    • 131 20 As at 9am Dec 30 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2450 1.2820 .an dollar 1.3370 1.3530 Euro 2.0050 2.0270 NZ dollar 0.9980 1.0190 jterlini ind 2.2220 2.2470 US dollar 1.3980 1.4130 Local dollars to 100 units of foreign
      131 words
    • 174 20 Dec 30 IS Offer Bii Overnight 0.03 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.03 US$ Offer PAR 3/16 5/16 7/16 BJd 7 days 1 month 2 months 3 months 6 months I. 12 months 0.23 0.28 0.35 0.37 0.55 0.90 1.00 Offer 0.18 0.23 0.25 0.27
      174 words
    • 24 20 Dec 30 STI Dec 2880 SIMSCI Dec 346.2 347.6 346.9 Taiwan Dec 291.6 293.7 293.1 Source: MF Global (S) He. Ltd
      24 words
    • 22 20 Dec 30 SS Bid Offer 1-month 1.4042 1.4057 2-months 1.4046 1.4061 3-months 1.4049 1.4064 6-months 1.4057 1.4072 Source: OCBC
      22 words
    • 65 20 Dec 30 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Low Vol Open Done Position Jan 10 2525 Feb 10 2570 Mar10 2590 Apr 10 2596 Total o/p: ***** contracts 2531 2542 2525 2573 2582 2556 2595 2609 2582 2601 2616 2601 Turnover:
      65 words
    • 352 20 Dec 30 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 Jun10 Sep10 Dec10 99.6400 99.3350 98.9450 98.5400 0 0 0 0 ***** 6973 3126 4131 EUROYEN TIBOR FUTURES Mar10 99.6000 99.6250 Jun10 99.6450 99.6500 Sep10 99.6550 99.6550 Dec10 Mar11 Jun11 Sep11 Dec11 99.6000 99.6450 99.6550 99.6250
      352 words
    • 191 20 Dec 30 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l (lots) Ian 10 288.5 =eb 10 288.0 Vlar 10 <\pr1O Vlay 10 290.0 lun 10 288.5 288.0 290.0 288.5 288.0 290.0 292.0 292.0 292.0 8 70 3 672 839 614
      191 words
    • 464 20 Dec 30 AS CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: lustralia 0.935 6.095 0.622 6.924 41.703 84.352 0.822 10.399 3.059 1.246 75.182 41.473 1.254 6.594 0.925 28.748 29.781 0.561 0.893 Canada 1.069 6.518 0.665 7.405
      464 words
    • 88 20 Dec 30 Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****V 01.04.2010 1-Year BY*****N 01.11.2010 0.55 0.55 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hig Day's igh Low 2-Year NX*****H 3.625 5-Year N*****0N 1.375 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year NY*****H
      88 words
    • 79 20 Dec 30 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) ...0.***** ....0.***** ....0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      79 words
    • 134 20 Dec 30 /oz) tec tec -long Kong 1091.80 1105.40 .ondon Dec 24 Dec 29 1101.35 1098.70 1102.35 1099.70 Source: Thomson Reuters CAST BAR (S$) Dec 30 Buying Sellim Kilobar "53,168.30" ***** PAMP GOLD BARS (S$) Selling Buying gm jgm Ogm !0gm iOgm OOgm oz ozUBS Kinebar™ 118.77 338.12
      134 words
    • 99 20 Dec 29 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 10 1038.00 1029.00 1040.00 1020.25 Mar 10 1047.00 1038.00 1049.25 1028.75 May 10 1052.50 1043.75 1053.75 1034.75 Jul 10 1057.00 1048.75 1058.25 1039.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Ian 10 39.43 39.63 39.57 39.21
      99 words
    • 78 20 CRUDE OIL PRODUCTS Dec 29 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 76.83 -0.39 WTI (Near Mth) 78.76 0.10 Dubai (1-Mth F) 77.06 1.08 Tapis blend 81.65 0.85 Minas 79.25 0.85 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 79.75 85.90 1.75 1.85 US$/barrel US! Opec
      78 words
    • 157 20 Dec 30 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2530 1.2550 0.8926 0.8931 Canadian dollar 1.3400 1.3421 0.9546 0.9551 Euro 2.0150 2.0173 1.4354 1.4356 NZ dollar 1.0055 1.0072 0.7163 0.7168 Sterling md 2.2330 2.2357 1.5907 1.5910
      157 words
    • 64 20 Dec 29 ,luminium, 99.7% uritv (US$/tonne) Close Previous :ash 2235.25 2218.10 months 2273.00 2255.00 Copper, Grade A (US$/tonne) :ash months 7233.75 7275.00 7035.50 7070.00 .ead (US$/tonne) :ash 2418.75 months 2449.00 2320.02 2349.50 lickel (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 'in (US$/tonne) :ash months *****.00 *****.50 *****.00 *****.00
      64 words
    • 74 20 Dec 29 (£/tonne) Close Prev Hii ih/Low Mar 10 2234 2242 2240/2217 May 10 2254 2261 2260/2236 Jul 10 2230 2235 2237/2216 Sep 10 2197 2207 2208/2180 COFFEE (US$/tonne) Close Pev High/Low Jan 10 1260 1287 1293/1258 Mar 10 1301 1327 1335/1300 May 10 1337 1363 1372/1338 SUGAR (US
      74 words
    • 2288 20 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 3 >036AdvanceSCTLtdW*****9 0.5 S756#AsiaticGrp(H) LtdW*****2 9 H05#Asiatravel W*****7 38 2 306 >878 Aztech Systems W*****6 0.5 Aztech GrpW*****3 8.5 unch 590 l912BakerTech W*****3 29 0.5 10
      2,288 words

  • Page 21 Advertisements
    • 3184 21 m The Business Times ___r^^_l Bl^f^ffHßWtffff^ffffßßnW felf WAN HAI INTERNATIONAL PTE LTD UEN *****4.95 M w^— J^V K\M Jri-wlwrW^TO'rliyfiMßi \Ti_i\ iaia m uai imrr TEL:*****588 <14L|NES> fax:*****163 1 __/"l I I il«^PTl^l HlKnWfi wMrvStmlm I Y\\Pl I WAN n/ll I PKLIEL: (03| *****888 FAX: (03| *****288 PEN lEL: (04) *****00
      3,184 words

  • Page 22 Advertisements
    • 4613 22 I—FWl^ KIBSBBISISISB lIU eastern car liner, ltd IE^SIiSIXED lV^^__i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS [BM Bjjii||yil|i|il|M IP™^™^^^ I Ramp(KT) I Lilting(KT) I SIN I PKL I JKT I SUR I KCH I XX I HDM SERVICE FMX and SMX SERVICE Connecting EMC SERVICE at MALTA I ASHEKYAE
      4,613 words

  • BizIT
    • 645 23 YEAR IN REVIEW Sales may rise 5% this year, but falling prices will lead to lower revenues y-o-y, reports WINSTON CHAI IN the world of portable computers, small is the new big as sales of inexpensive featherweight netbook sales continue to sizzle at
      FILE PHOTO  -  645 words
    • 222 23 -AFP [WASHINGTON] Google announced plans on Tuesday to hold a press event next month about its Android mobile phone operating system amid speculation that the Internet giant plans to release its own smartphone. Google invited reporters to attend an "Android press gathering" on
      -AFP  -  222 words
    • 349 23 -AP [NEW YORK] Nokia Corp is broadening a legal dispute it already has with Apple Inc over the iPhone, saying almost all of the company's other products also violate the Finnish phone maker's patents. Nokia said on Tuesday that it has filed a
      -AP; AP  -  349 words
    • 1018 23 -AFP [TOKYO] In the Japan of 2020, a stressed-out salaryman may unwind from his hectic futuristic lifestyle by time-travel-ling back a few centuries and taking a virtual stroll through medieval Tokyo. As he walks over arched wooden bridges, he will chat with the avatars
      -AFP  -  1,018 words
  • Page 23 Advertisements

  • PROPERTY
    • 1266 24  -  JONATHAN VATNER -NYT Private-island rentals are becoming attainable for those travelling on a more modest budget By ONE night in August, Debra Dawson and her boyfriend, Joe Sinagoga, were vacationing on Jonathan Island, a nearly 3-acre plot off the coast of Narragansett, Rhode Island. Their
      -NYT; AFP  -  1,266 words
    • 1044 25 Bernama Malaysian property players seen to ride on the sector's buoyant recovery [KUALA LUMPUR] Property developers will continue to emerge as key winners in 2010, driven by rising demand and improving economic outlook, according to an analyst at MIDF Research. Moving into 2010,
      Bernama; BLOOMBERG  -  1,044 words
    • 388 25 Bloomberg [NEW YORK] Midtown Manhattan office rents fell 33 per cent in 2009 as New York's financial industry cut staff and relinquished space, commercial property broker First Service Williams said in a report. Rents in the nation's most expensive office district dropped to U5559.31
      – Bloomberg  -  388 words
    • 129 25 Reuters [MADRID] Spanish house prices fell 7 per cent in the third quarter compared to a year earlier after a record drop of 7.7 per cent in the April to June period, National Statistics Institute data showed yesterday. Third quarter house prices
      Reuters  -  129 words
  • Page 24 Advertisements
    • 34 24 Pl* I For Subscription, call 6388 3838 I H^^w^wv^sphsubscription^com^sg^^^^J GOOD GAINS I Let your investors know by advertising your financial results I in our newspapers. Call 1800 289 8822 or email K9 notices@sph.com.sg. N
      34 words
    • 116 24 FOR SALE BY TENDER [A^MJHvM^^jJ GREENLODGE CONDOMINIUM Freehold Residential Site <^ 19/19 A Toh Tuck Road Food court *o UOB Master p| an 2008 Zoning: (Al-Ameen) Residentia B wor^ •Land Size: 151 '°75 sq ft BMe^ffi'nd^ Plaza -Gross Plot Ratio: 1.4, JUors <u/c> X up to 5 storeys o Bu
      116 words
    • 108 24 One Amber (District 15) 20 residential units for sale TOP 2010 Freehold Full condominium facilities Walk to East Coast beach and Parkway Parade Minutes to Marina Bay, IR City Priced to sell Ibdrm 1076 sqft 3+study 1389 sqft 2bdrm -958sqft 4bdrm 1593 to 3 bdrm 1259 to 1378 sqft 1701
      108 words

  • Page 25 Advertisements
    • 561 25 ML?TTff?hTTTiii i^^^^^^^l PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREET NAME TYPE DATE AREA*(SQ FT) (S$'OOO) (Ss) STREET NAME TYPE DATE AREA*(SQ FT) (S$'OOO) (Ss) STREET NAME TYPE DATE AREA*(SQ FT) (S$'OOO) (Ss)
      561 words