The Business Times, 5 January 2010

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Microfilm: NL30371
Total Pages: 27
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Tuesday, January 5,2010
    23 words
  • Article, Illustration
    Lock icon Sharp Q4 dip seen as little more than a blip
    700 1  -  Forecasters remain bullish on growth prospects for 2010, with two raising their estimates despite pharma-led pullback in the last quarter of 2009 By ANNA TEO [SINGAPORE] Economic momentum may have fallen off a little more than expected in the last
    700 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 ST INDEX 2,894.55 (-3.07) ST INDEX FUTURES 2,894 (-10.00) SIMSCI 348.53 (-0.48) SIMSCI FUTURES 348.70 (-0.80) FOREX US$ S$ US$ (S$ per US$) 1.401 (US$/S$ per 1.613 2.260 EURO (US$/S$/E) 1.432 2.007 Foreign currency per US$ S$ YEN 93.00 66.30 RM 3.409 2.432 HK$ 7.758 5.537 BAHT 33.23
    141 words
  • Article, Illustration
    Lock icon Private home prices keep up momentum
    741 1  -  They rose 7.3% in Q4, while HDB resale prices also continued to climb By EMILYN YAP [SINGAPORE] Private home prices continued their ascent in Q4 last year, climbing an estimated 7.3 per cent from the previous quarter. This sent prices for 2009 up 1.7
    Source: URA  -  741 words
  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      188 1 PROPERTY Emaar to venture beyond Dubai, property PAGE 28 ASEAN-CHINA FTA Indonesia may seek delay in tariff reductions INFRASTRUCTURE India to build 20km of roads a day PAGE BANKING ANZ to build network across Asia-Pacific PAGE 3 PAGE 12 Inc Securing our green sources PAGE 9 Helping clients cut costs
      188 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon HG Metal’s CEO, exec director resign
      622 2  -  Move comes a day before EGM called to oust them By JAMIE LEE [SINGAPORE] In a surprising turn, two directors at HG Metal Manufacturing are resigning just a day before they could have been deposed. This dramatic twist came right before today’s extraordinary general
      FILE PHOTO  -  622 words
    • Article
      Lock icon Cambridge U weighs bond sale after record Europe rally
      355 2 Board of Scrutiny urges swift action in favourable conditions Bloomberg [LONDON] The University of Cambridge, the second oldest in the United Kingdom, is considering selling bonds for the first time to take advantage of a rally in credit markets. The 800-year-old
      Bloomberg  -  355 words
    • Article
      Lock icon Construction spending at more than six-year low
      367 2 Fall led by drop in homebuilding, fewer commercial projects LATEST US DATA Bloomberg [WASHINGTON] Construction spending in the United States fell for the seventh straight month in November to the lowest level in more than six years, led by declines in homebuilding and
      Bloomberg  -  367 words
    • Article
      Lock icon Oil traders expect only modest bonuses
      630 2  -  Tougher trading environment last year, with volumes down about 20% By RONNIE LIM [SINGAPORE] The heyday of one-year bonuses is over for oil traders. In fact, this year they are likely to receive only between one and four month bonuses, according to an industry
      630 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      625 2 Sharp Q4 dip seen as little more than a blip ECONOMIC momentum may have fallen off a little more than expected in the last quarter, but economists say the underlying recovery in Singapore remains on track. Indeed, with flash Q4 GDP data in hand, at least two forecasters
      625 words
    • Article, Illustration
      Lock icon Bernanke slams regulatory flaws for crisis
      669 3 He refutes claims that Fed policy contributed to crisis NYT [ATLANTA] Regulatory failure, not low interest rates, was responsible for the housing bubble and subsequent financial crisis of the last decade, Ben S Bernanke, the Federal Reserve chairman, said in a speech on Sunday.
      NYT; BLOOMBERG  -  669 words
    • Article, Illustration
      Lock icon ANZ plans to build banking network across Asia-Pacific
      1231 3  -  Move follows recent acquisition of RBS assets in region By CONRAD TAN [SINGAPORE] Australia and New Zealand Banking Group (ANZ) wants to build a banking network across Asia-Pacific catering to mass-affluent customers, a niche currently occupied by just three banks HSBC, Standard
      1,231 words
    • Article
      Lock icon Jobs go as Resorts World reaches brink of completion
      501 3  -  Some contract staffers were called back on NYE 2009, and told that they were not needed By ARTHUR SIM [SINGAPORE] Construction work for Resorts World at Sentosa (RWS) may be on schedule but ironically, it has not worked out for some
      501 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      304 2 UBS (Lux) Key Selection Sicav Investment company with variable capital (Societe d'lnvestissement a Capital Variable) Registered office: 33A avenue J.F. Kennedy B.P. 91, L-2010 Luxembourg R.C. Luxembourg N° B 88.580 Notice of Annual General Meeting of shareholders The shareholders of UBS (Lux) Key Selection Sicav are invited to the Annual
      304 words
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      Lock icon Page 2 Advertisements Column 2
      80 2 Fantasy Waterbeds Pte Ltd Where Sleep Matters. Think of us as y- A Natural Anaesthetic. Ergonomically designed with rheumatic and arthritic sufferers in mind, you can experience complete holistic sleep and all the benefits that come with it. Visit our Fantasy Sleep Centre for your ultimate sleep solutions. Waterbeds Latex
      80 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Penny stocks take centrestage
      586 4  -  STI closes 3 points weaker with activity generally in stocks with volume and momentum buildup STOCKS R SIVANITHY Senior Correspondent PENNY stocks were all the rage yesterday as trading for 2010 first got off to a slow start but picked up as the day wore on.
      Source: Bloomberg  -  586 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 4 Jan 4 VALUE CLOSE BT OB/OS 883.00 +269.0 BT CADI -*****.00 +228.0 BT 10-day MA -*****.00 +89.00 FTSE ST Mid Cap 705.22 +5.78 FTSE ST Small Cap 561.29 +13.08 FTSE ST All Share 716.18 +1.16 FTSE ST China Top 287.47 +4.23 FTSE ST China 306.80 +2.71 FTSE
      66 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 4 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 3 3 0 0 0 10 3 3 Manufacturing 91 38 66 14 1 11 105 39 77 Commerce 38 10 22 3 4 8 41 14 30 Tpt/Stor/Comms 24 4 11
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon Healthway Medical Corporation Limited
        266 4  -  Jan 4 close: $0.16 DMG PARTNERS RESEARCH, Jan 4 Compiled by JOYCE HOOI STARTING out in 1990, Healthway Medical has grown to be Singapore’s largest clinic operator, boasting 90 clinics across the island. Demand for private healthcare in China is expected to rise. Healthway intends to
        266 words
    • Article, Illustration
      Lock icon Small, mid-cap rally in coming weeks?
      250 4  -  CHART POINT By KEN TAI By Senior Technical Strategist KELIVE RESEARCH (Part of the Kim Eng Group) THE past few trading sessions saw the STI attempting to scale higher ground on thin volumes but the lack of follow-through restricted the advance. Indeed, the STI
      250 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 4 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 33,685 33,685 43,876 43,876 Manufacturing 603,516 46,193 649,709 264,376 1,843 266,218 Commerce 228,105 22,822 250,927 87,602 5,239 92,840 Tpt/Stor/Comms 123,545 4,461 128,006 162,091 902 162,992 Finance 19,474 19,474 94,324 94,324 Construction 110,921 18,045 128,966 40,129
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 4 Stock name Close Change CapitaLand 4.200 CapitaMall 1.800 CityDev 11.540 -0.020 ComfortDelGro 1.620 -0.020 Cosco Corp 1.230 +0.040 DBS Grp 15.300 -0.100 F&N 4.220 +0.020 Genting SP 1.290 -0.010 Golden Agri 0.515 +0.005 HK Land 4.960 +0.010 JMH 30.000 -0.180 JSH 17.680 +0.080 Jardine C&C 27.100
      110 words
    • Article, Illustration
      Lock icon US$ reverses gains as investors turn cautious
      504 4 CURRENCIES Reuters [LONDON] The US dollar fell yesterday, reversing earlier gains on caution ahead of upcoming US data, which left investors wary of pushing the currency up further after it earlier hit a four-month high versus the yen. Optimism about the prospects for
      Reuters; REUTERS  -  504 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 4 VOLUME Genting SP 188,014,000 BRC Asia 126,499,000 Healthway 67,381,000 BanJoo W*****2 63,915,000 Oceanus 48,788,000 Ziwo 44,625,000 Golden Agri 39,514,000 Swiber 38,941,000 Abterra 35,364,000 China Milk 34,111,000 VALUE($) Genting SP 241,615,300 Swiber 41,696,160 SingTel 36,360,980 DBS Grp 35,529,080 Wilmar 30,350,650 Cosco Corp 27,061,970 Ezra 25,071,110 Yangzijiang 23,090,040 OCBC
      56 words
    • Article
      Lock icon RISES
      111 4 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 759.0 5.0 DBXT FTVietnam 10US$ 4675 287.1 4.6 DBXT MSKorea 10US$ 4753 180.6 2.8 GLD 10US$ ***** 173.6 1.2 DBXT DJE50 10US$ 4458 172.2 2.8 UOB 5.05%NCPS 100 ***** 40.0 0.4 DBXT MSTaiwan 10US$ 1677 30.8 1.3 CIMBAsean40 100US$ 830 26.6
      111 words
    • Article
      Lock icon FALLS
      121 4 BY CENTS CLOSE DOWN DBXT MSEurope 10US$ 4310 -71.4 -1.2 JMH 3000 -25.2 -0.6 Lyxor China H 10US$ 1638 -19.6 -0.8 Ascendasreit 212 -10.0 -4.5 DBS Grp 1530 -10.0 -0.6 DBS.ES.1001 1530 -10.0 -0.6 OCBC Bk 901 -9.0 -1.0 SGX 826 -7.0 -0.8 Venture Corp 878 -7.0 -0.8 Creative
      121 words
    • Article
      Lock icon CURRENCIES
      87 4 Where S$ stands Jan 4 CHNG YR 2009/10 CLOSE FR Dec 31 S$ LOW S$ HIGH US$ 1.3988 0.24 1.5579 1.3800 Euro 2.0105 0.46 2.0952 1.9150 Pounds 2.2637 -0.07 2.4366 2.0356 A$ 1.2661 -0.41 1.2942 0.9453 Yen* 1.5075 0.84 1.7278 1.4831 Rupiah* 0.***** 0.24 0.***** 0.***** Baht* 4.2171 -0.28
      87 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      124 4 TURN EVERY OPPORTUNITY "NTO A BULLISH ONE Your local broker for global CFDs Find out more and register at www.kecfd.com, or call 6536 2000 now! The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives,
      124 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Hyflux, Istithmar in dispute over warrant agreement
      515 5  -  Originating summons accuses Hyflux of breach of conditions By CHEW XIANG WARRANTS for 41.2 million Hyflux shares are at the centre of an ongoing dispute between the Singapore water treatment company and Dubai investment holding company Istithmar World. If fully exercised, the warrants
      HYFLUX  -  515 words
    • Article
      Lock icon Remisiers’ plight: recognise that deregulation cuts both ways
      768 5  -  HOCK LOCK SIEW By R SIVANITHY A LITTLE over 10 years ago, before deregulation kicked in and when retail punters enjoyed up to a week of credit from their stockbrokers in exchange for payment of one per cent brokerage, becoming a remisier
      768 words
    • Article
      Lock icon Transcu shares slip on CEO’s woes
      354 5  -  By OH BOON PING SHARES of Transcu Group slipped up to 8 per cent yesterday after news broke of its chief executive’s legal woes. After a trading halt was lifted at 2pm, the counter fell to as low as 11.5 cents, from its previous
      354 words
    • Article
      Lock icon SingPost looking for new group CEO
      363 5  -  By NISHA RAMCHANDANI SINGAPORE Post Ltd (SingPost) is on the lookout for a new group chief executive officer (GCEO) as current GCEO Wilson Tan has resigned. Mr Tan, who is leaving SingPost “to pursue other opportunities”, will also step down as director of the
      363 words
    • Article, Illustration
      Lock icon Nomura upbeat on banks, commo stocks
      572 6  -  Corporate earnings growth will be more subdued than past recoveries, it says By TEH SHI NING NOMURA is bullish on stocks in the banking, commodities and offshore and marine sectors this year. The brokerage says in its Asean Strategy report that 2010 will be
      572 words
    • Article
      Lock icon OCBC calls for changes to S-Reit fee structure
      553 6  -  Mapletree Log Trust, Ascott Residence Trust are its picks By FELDA CHAY OCBC Investment Research has laid out three changes it hopes to see in the S-Reit sector for the year to improve corporate governance and transparency, and to yield more benefits
      553 words
    • Article, Illustration
      Lock icon Micro-Mechanics wins Asiamoney award
      248 6  -  By KEITH CHEE MICRO-MECHANICS (Holdings) Ltd has won the “Best for Shareholders’ Rights and Equitable Treatment in Singapore” category in Asiamoney’s 7th annual corporate governance poll. Asiamoney, a financial publication of Euromoney Institutional Investor, introduced this category in 2006. Singapore Airlines and DBS Bank were winners
      248 words
    • Article
      Lock icon Jurong Tech seeks deadline extension
      459 7  -  It needs to submit proposal for trading resumption by Jan 28 BY MICHELLE QUAH JURONG Technologies Industrial Corp Limited says it will be requesting an extension of time from the Singapore Exchange (SGX) to submit its proposal on why its shares should resume trading. Jurong
      459 words
    • Article
      Lock icon Boustead secures $68m in new deals
      236 7  -  By UMA SHANKARI BOUSTEAD Singapore yesterday said that its ener-gy-related engineering division has secured $68 million in contracts from the oil and gas industries globally. The contracts involve the design, process engineering and construction of key process equipment for oil refineries, petrochemical plants and
      236 words
    • Article
      Lock icon LC Devt to build project in Xuzhou City
      291 7  -  By UMA SHANKARI LC Development said yesterday it has succeeded in a joint bid to develop a mixed project in Xuzhou City, China. The company and its Chinese partners won the project by bidding 300 million yuan (S$61.7 million) for the site,
      291 words
    • COMPANY BRIEFS
      • Article
        Lock icon Tung Lok unit to run 2 staff cafes at RWS
        59 7 TUNG Lok Restaurants (2000) Ltd said its wholly owned subsidiary Tung Lok Millennium (TLM) has entered into a cafeteria operations service agreement with Resorts World at Sentosa Pte Ltd (RWS). TLM will be operating and providing food and beverage services
        59 words
      • Article
        Lock icon Jade Tech appoints new group president
        68 7 JADE Technologies Holdings announced that Chan Kum Ee will be appointed as group president of the company with effect from Jan 4. Mr Chan is expected to bring his diverse corporate experience in marketing and distribution management to grow its venture into the titanium
        68 words
      • Article
        Lock icon Superior Fastening unit bags China deal
        62 7 SUPERIOR Fastening Technology’s wholly owned subsidiary Asia New Energy has signed a wind farm development agreement with the Da An government in Ji Lin Province, China. It will explore and conduct a feasibility study on the building of an onshore wind farm project. The
        62 words
      • Article
        Lock icon Centraland buys 80% of Zhengzhou Tiandi
        64 7 CENTRALAND Ltd has acquired 80 per cent of the registered paid-up capital of Zhengzhou Tiandi Renhe Property in China for 800,000 yuan (S$163,720). Zhengzhou Tiandi Renhe had earlier entered into a master tenancy agreement to lease Jiancai Gang for an annual rent of 24
        64 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
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      54 words
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      Lock icon Page 5 Advertisements Column 2
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      135 words
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  • Page 6 Advertisements
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      3117 6 HISAKA HISAKA HOLDINGS LTD. Registration No. *****8585R Your Automation Solutions Provider (Incorporated in Singapore) www.hisaka.com.sg NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 63 Sungei Kadut Loop, Hisaka Industrial Building, Singapore *****4 on Wednesday, 20 January 2010
      3,117 words
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  • Page 7 Advertisements
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      2841 7 Toll free: 1800-289-8822 Email: notices@sph.com.sg NFS 7Tie Interconnect Solutions Provider MFS TECHNOLOGY LTD (Company Registration No. *****9562R) Incorporated in the Republic of Singapore NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at 22 Tuas Avenue 8, Singapore
      2,841 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon JTC unveils 2 new factory concepts
      456 8  -  They optimise land use and promote synergy within industries By EMILYN YAP JTC Corporation has unveiled two new concepts that could optimise land use and promote synergy within industries. The first involves a giant hoisting system to move bulky goods to a company’s doorstep
      456 words
    • Article
      Lock icon Bobby Chin joins Council of Presidential Advisers
      270 8 FORMER KPMG Singapore managing partner Bobby Chin has been appointed a member of the Council of Presidential Advisers (CPA) by President SR Nathan. Mr Chin began his six-year term on Jan 2. He replaces SIM University chancellor Cham Tao Soon, who retired as
      270 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Two NTU dons made IEEE fellows
        51 8 TWO professors from the School of Electrical and Electronic Engineering at Nanyang Technological University (NTU) Wen Changyun and Zhang Yue Ping have been elected fellows of the Institute of Electrical and Electronics Engineers (IEEE). Seven NTU faculty members have been made IEEE fellows so
        51 words
      • Article
        Lock icon Far East sells 183 units of The Shore
        57 8 FAR East Organization said yesterday that it has sold 183 of the 338 units released at the launch of The Shore Residences on Jan 1. The developer said that it has sold all 84 one-bedroom apartments, 79 of the 196 two-bedroom units
        57 words
      • Article
        Lock icon AIA launches Asia ad campaign
        55 8 AMERICAN International Assurance Company (AIA) has launched an Asia-wide advertising campaign based on “The Power of We” to underscore its “customer focus and the importance of its employees, agents and other distribution partners to continuing success”. The campaign will start in Singapore and Hong Kong,
        55 words
    • Article, Illustration
      Lock icon S’pore workers clock up longest work hours: ILO
      461 8  -  By CHUANG PECK MING DESPITE the recession that hit towards the end of 2008, Singapore workers still clocked up the most hours, says a report by the International Labour Organisation (ILO). Shorter work weeks and temporary lay-offs introduced to save jobs during
      Source: ILO  -  461 words
    • Article
      Lock icon December PMI rises on better sentiment
      367 8  -  Further growth in new orders and new export orders By TEH SHI NING SINGAPORE’S manufacturers picked up momentum heading into this new year. December’s purchasing managers’ index (PMI), a forward-looking indicator of factory output, rose 1.3 points from November to hit 53.3 last month,
      367 words
    • Article
      Lock icon Singaporeans keen to invest again: survey
      446 8  -  By WONG SU-JIN THE latest Citi Financial Quotient (Fin-Q) Survey by Citigroup on Singaporeans’ financial well-being and attitudes has found that general sentiment is perking up in tandem with the economic outlook and improving financial markets. According to the survey, more Singapore residents are
      446 words
    • Article
      Lock icon River Hongbao 2010 bigger and better
      296 8 RIVER Hongbao 2010 looks set to surpass last year’s celebrations, ushering in the Year of the Tiger with even greater fanfare than before. Held at The Float Marina Bay, the nine-day festival runs from Feb 12 to 20. Opening hours have been extended, with
      296 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      107 8 January Pulses is out! Where to put your money in the new year. Rebuilding retirement funds in the wake of the financial storm. Find out why OSIM CEO Ron Sim puts business success down to inspiration and courage. In ImPulses, Jet Li rallies the public to care and share. Pulses
      107 words
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      Lock icon Page 8 Advertisements Column 2
      413 8 MATS NOTICES IN THE MATTER OF COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WAKASHACHIYA SINGAPORE PTE. LTD. Registration No. *****3105C (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held on 29 December 2009, the following Resolutions were
      413 words
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  • SME Inc
    • Article
      Lock icon Securing our green sources
      906 9  -  Hu Lee Impex started seeking partners for contract farming in the ’90s, and investing in farms abroad in ’05, reports CHEN HUIFEN CHEN HUIFEN WAY before the Agri-Food and Veterinary Authority called for Singapore investors to set up farms abroad, a lit-tle-known vegetable trading firm called
      906 words
    • Article, Illustration
      Lock icon The second generation steps up to the plate
      555 9  -  By CHEN HUIFEN HU Lee Impex grew out of Hu Lee Trading, a vegetable trading firm founded by Jerry Tan’s father, Tan Lam Lee. After his father died, Mr Jerry Tan, 39, took over the business and, with his brother, William, 32,
      ARTHUR LEE  -  555 words
    • Article
      Lock icon Stocks celebrate the new year with gains
      479 9  -  By TEH HOOI LING THE last two-and-a-half days of 2009 and the first day of 2010 have proved kind to stocks particularly those of the small-cap variety. Our portfolio added 3.6 per cent during that period, outpacing the 1.4 per cent advance by
      479 words
    • Article, Illustration
      Lock icon Keeping the show going for its clients
      690 10  -  Award-winning Emerio GlobeSoft helps customers cut operating costs and achieve consistent quality, reports JERMAINE NG JERMAINE NG EMERIO GlobeSoft is not a household name. Which isn’t surprising, since the global IT services company doesn’t place heavy emphasis on marketing and advertising. But no
      ARTHUR LEE  -  690 words
    • Article, Illustration
      Lock icon A matter of timing
      1207 11 THIS WEEK’S TOPIC What do you think of the latest revisions to the government-backed loan schemes under which, among other things, the government’s share of the default risk will be reduced? Are the revisions timely and justified? Cheryl Tong Managing Director (PowerPRO), Pursuit Pte Ltd THE
      JOYCE FANG/THE STRAITS TIMES  -  1,207 words
  • Page 9 Advertisements
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      32 9 Hot IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. CATS Recruit The first step on your ladder to success CLA/AUG06/g
      32 words
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      Lock icon Page 9 Advertisements Column 2
      83 9 WITH CLIENT IN MIND Emerio GlobeSoft helps customers achieve consistent quality Page 10 Looking for IT Outsourcing? Stone Forest IT (SFIT) is a leading provider of IT Outsourcing Services. Our clients include leading legal firms, SMEs and foreign firms. Our firm's reputation is built on practical advice, proactive client servicing
      83 words
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  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      970 10 Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICE OF REDEMPTION CITY TELECOM (H.K.) LIMITED 8.75% SENIOR NOTES DUE FEBRUARY 1, 2015 CUSIP No. *****7AB6* NOTICE IS HEREBY GIVEN that City Telecom (H.K.) Limited, a company with limited liability under the Companies Ordinance (Cap.32) of Hong Kong (the "Company"), will redeem on February
      970 words
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      Lock icon Page 10 Advertisements Column 2
      38 10 -J 13 cJ 7_5~U 3 LI FIND THE ONES THAT FIT! n x Recruit the right people through CATS Recruit. Call 1800 289 8822 or email recruit@sph.com.sg to advertise. MATS ry RECR LMT rU V 1 1 s
      38 words
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  • Page 11 Advertisements
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      2207 11 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ETIKA INTERNATIONAL HOLDINGS LIMITED Company Registration No: *****3131Z (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Etika International Holdings Limited will be held at Hibiscus Room, Level 3, Grand Hyatt Singapore,
      2,207 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Indonesia may seek delay in tariff reductions
      492 12 Textile, garment sectors say they are vulnerable to cheap Chinese imports Reuters [JAKARTA] Indonesia may lodge a formal request with South-east Asian neighbours to delay some tariff reductions under a free trade agreement with China, a Trade Ministry official said yesterday. The pact
      Reuters; REUTERS  -  492 words
    • Article
      Lock icon Australia Dec mfg shrinks as orders drop
      201 12 Bloomberg [SYDNEY] Australian manufacturing contracted in December for the first time in five months as companies reported fewer new orders. The performance of manufacturing index fell 2.7 points from November to 48.5, according to an Australian Industry Group and PricewaterhouseCoopers survey released in
      Bloomberg  -  201 words
    • Article, Illustration
      Lock icon Analysts see slim chance of sustained, robust, US growth
      413 12 Reuters [ATLANTA] A dismal job market, a crippled real estate sector and hobbled banks will keep a lid on US economic growth over the coming decade, some of the nation’s leading economists said on Sunday. Speaking at American Economic Association’s mammoth
      Reuters; AFP  -  413 words
    • Article
      Lock icon Sri Lanka to relax foreign exchange curbs
      490 12 AFP Bloomberg [COLOMBO] Sri Lanka plans to relax its strict foreign exchange controls, reflecting new confidence in the country’s finances after the end of a 37-year conflict on the island, the central bank said yesterday. Sri Lankans will be allowed to open foreign
      AFP; Bloomberg  -  490 words
    • Article
      Lock icon EU manufacturing output up in Dec
      471 12 New orders growth slows, indicating sluggish recovery Reuters [LONDON] Manufacturing activity in the euro zone expanded at its fastest rate in 21 months in December, in line with the flash estimate published last month, but new orders growth slowed slightly, a survey showed yesterday.
      Reuters  -  471 words
  • Page 12 Advertisements
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      1146 12 :*AT^ NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GANDAK PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) (Co. Reg. No: *****5861E) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 485 Madison Avenue, 18th
      1,146 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon George Yeo pays tribute to Gus Dur
      483 13  -  He describes late Indonesian president as a ‘great humanist and religious leader’ By LEE U-WEN [SINGAPORE] A humanist; a man with a “wonderful sense of humour”; a great person whose loss will be deeply felt by many. These were some of the glowing
      AZIZ HUSSIN/ THE STRAITS TIMES  -  483 words
    • Article, Illustration
      Lock icon What price for EON Bank?
      498 13  -  By S JAYASANKARAN DOUBTS are surfacing over a possible merger between Hong Leong Bank and EON Bank that would create Malaysia’s fourth-largest bank with assets of RM110.5 billion (S$45.48 billion). In late December, Hong Leong Bank, which is controlled by the reclusive tycoon Quek Leng
      FILE PHOTO  -  498 words
    • Article
      Lock icon Leave ‘Allah’ issue to judicial process, urges PM Najib
      511 13  -  By in PAULINE NG MALAYSIA’S leaders have called for calm after a high court decision last week allowing Catholics to use the term “Allah” in a weekly religious publication prompted a number of protests from Muslim groups. The Home Ministry will
      511 words
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      112 13 a V II H Get your copy from any Spinelli outlet at $5.50 and get a complimentary Spin or Latte! Janurary Issue out now! DOWN BUT NOT OUT! Where to put your money in the new year. Rebuilding retirement funds in the wake of the financial storm. Find out why
      112 words
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      1800 13 MATS NOTICES <?ThA i Village, THAI VILLAGE HOLDINGS LTD Company Registration Number *****5141N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Thai Village Holdings Ltd will be held at Thai Village Sharksfin Restaurant, 5 Stadium Walk, #01-50
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  • GREATER CHINA
    • Article
      Lock icon China set to start futures contracts
      453 14/15 The first contract, based on CSI 300 Index, may begin trading in March Bloomberg [BEIJING] China’s securities regulator may introduce futures contracts on the country’s stock indexes as early as March, an official with knowledge of the matter said. The State Council, China’s Cabinet,
      Bloomberg  -  453 words
    • Article
      Lock icon Firms to raise 72% more funds through IPOs in 2010: PwC
      402 14/15 15 will go public in Shanghai while rest will list in Shenzhen Bloomberg [SHANGHAI] Companies will raise about 72 per cent more cash through initial public offerings in Shanghai and Shenzhen this year as the IPO market continues to
      Bloomberg  -  402 words
    • Article
      Lock icon China manufacturing expands for ninth straight month
      228 14/15 [BEIJING] China’s manufacturing expanded in December for a ninth straight month as government stimulus spending boosted domestic demand and foreign sales rose, according to a survey released yesterday. The HSBC China Manufacturing PMI rose to 56.1 from November’s 55.7 on a 100-point scale
      AP  -  228 words
  • INDIA
    • Article, Illustration
      Lock icon India targets 20km of new roads a day
      364 14/15 Necessary to create network of highways to back economic growth AP [KUALA LUMPUR] India will soon be building 20km of roads a day in a bid to replace the decrepit highways that carry nearly three quarters of freight and passenger traffic, the
      AP  -  364 words
    • Article, Illustration
      Lock icon India factory output up in Dec
      389 14/15 Bloomberg [NEW DELHI] India’s manufacturing output rose the most in seven months in December as exports rebounded and government stimulus stoked domestic demand for consumer goods. HSBC Holdings plc and Markit Economics’ Purchasing Managers’ Index stood at 55.6 last month compared with 53 in
      Bloomberg; REUTERS  -  389 words
  • Page 14/15 Advertisements
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      149 14/15 i itter <s s 1 how WQi^ <55 «V V(\ e I Tap on our expertise to find the right fit for your investments. Economic recoveries are rarely straightforward and can take on different shapes and varying time frames. While it is hard to say for sure where today's investment
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      Lock icon Page 14/15 Advertisements Column 2
      13 14/15 mar J Ur 0^4 Or tUrns out, (WSBC can co^ Property market W
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      Lock icon Page 14/15 Advertisements Column 3
      211 14/15 c *<?>** o9V A rewarding start to a great relationship. Join HSBC Premier* and receive: Samsung 32" Full HDTV f Samsung 37"Full HDTV t when you take up a home loan* at the same time As an HSBC Premier customer, enjoy exclusive access to a world of banking privileges including:
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Novartis to pay US$38b for takeover of Alcon
      522 16 Buys remaining stake; biggest takeover in Swiss corporate history AP [BASEL, Switzerland] Novartis AG plans to take over Alcon Inc by paying US$38.5 billion for the 77 per cent stake it does not already own, a deal that would make it one
      AP; AFP FILE PHOTO  -  522 words
    • Article, Illustration
      Lock icon TSE gears up with higher speed trading
      447 16  -  New system puts it on par with New York, close to London By in ANTHONY ROWLEY THE Tokyo Stock Exchange came “up to speed” literally yesterday with the launch of a new, computerised trading system. The exchange hopes it will increase Tokyo’s attractions
      REUTERS  -  447 words
    • Article
      Lock icon DP World makes debt payments on time
      307 16 Reuters [DUBAI] DP World, a subsidiary of debt-laden state-owned holding company Dubai World, said it had paid regular coupon and profit obligations tied to a sukuk and a bond issue on time. The ports operator, one of the largest in the world, and
      Reuters  -  307 words
    • Article
      Lock icon Woodside loses PetroChina deal for Browse project
      406 16 Reuters [PERTH] Woodside Petroleum has lost a foundation customer for its key Browse liquefied natural gas (LNG) project in Australia after an initial A$45 billion (S$57 billion) pact to sell gas to PetroChina expired. Woodside, Australia’s second-largest oil and gas producer, said yesterday
      Reuters  -  406 words
    • Article
      Lock icon Credit Suisse sued for US$24b over resorts
      258 16 Reuters [NEW YORK] Credit Suisse Group AG has been sued for US$24 billion by property owners who said the Swiss bank schemed to defraud investors in several resort communities, including the bankrupted Yellowstone Club. In a lawsuit filed on Sunday in federal court
      Reuters  -  258 words
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  • WORLD
    • Article
      Lock icon Venture funds turn on their engines again
      858 17 In ‘09, technology financiers raised US$14b, a far cry from US$36b in ‘07 NYT [NEW YORK] After hibernating for the last year, Silicon Valley’s venture capitalists are beginning to stir. Last year, technology financiers raised about US$14 billion to finance new companies, a
      NYT  -  858 words
    • Article, Illustration
      Lock icon Commodities may beat financial assets
      607 17 Analysts forecast oil, corn and gold will advance 17% Bloomberg [LONDON] Raw materials may return more than financial assets for the first time in three years as the global economy rebounds, according to Bloomberg surveys and most accurate commodity forecasters last year. Oil, corn, gold
      Bloomberg; AFP  -  607 words
    • Article, Illustration
      Lock icon Oil hits US$80 amid thin trading
      462 17 Price supported by news of Russia oil halt to Belarus Reuters [PERTH] Crude oil rose to US$80 a barrel amid thin trading volumes yesterday, the first trading day of 2010, partly supported by news that Russia had halted oil supplies to Belarussian refineries. Russia
      Reuters; REUTERS  -  462 words
    • Article
      Lock icon Avatar zooms past the US$1b mark globally
      321 17 AP [LOS ANGELES] James Cameron’s science-fiction epic Avatar shot past US$1 billion worldwide. No 1 for the thirdstraight weekend, 20th Century Fox’s Avatar raised its domestic total to US$352.1 million after just 17 days. The film added US$133 million overseas to lift its
      AP  -  321 words
    • Article, Illustration
      Lock icon Gordon Brown worst-dressed man of the year: GQ
      304 17 AFP [LONDON] Prime Minister Gordon Brown has received a pre-election kick in the pants, being named the worst-dressed man of the year by the British edition of GQ magazine. Mr Brown, who faces a gruelling battle at this year’s general election, beat
      AFP; AP  -  304 words
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      105 17 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF CORPORATE DENTAL CLINIC (HAIG ROAD) PTE LTD UEN No.: *****7137Z (Members' Voluntary Winding-Up) Notice is hereby given pursuant to Section 308(1) of the Companies Act, Cap 50, (the "Act") that the Final Meeting of Members
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      188 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ATOS ORIGIN (ASIA PACIFIC) PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO. *****1038M) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting
      188 words
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  • AVIATION
    • Article, Illustration
      Lock icon US focuses new air screening on 14 countries
      873 18 Travellers face full-body pat downs before boarding airliners for US Reuters AP [WASHINGTON] Air travellers from Nigeria, Yemen, Pakistan, Afghanistan, Saudi Arabia and nine other countries will face full-body pat downs before boarding airliners under new security screening procedures targeting foreign passengers
      Reuters; AP  -  873 words
    • Article
      Lock icon B737-800 veers off runway at Dortmund airport
      248 18 AP [BERLIN] A jet veered off the runway at a western German airport on Sunday, but no one was injured, authorities said. The pilot of the Air Berlin Boeing 737-800 had braked to abort the take-off from Dortmund airport because of a “technical
      AP  -  248 words
    • Article
      Lock icon UK watchdog chief attacks Ryanair on fees
      394 18 Airline charges online customers extra now for using a common type of bank card AFP [LONDON] The head of Britain’s business watchdog has hit out at Irish low-cost airline Ryanair for slapping a new fee on its customers, calling it “quite puerile”, a
      AFP  -  394 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2985 18 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1240 SQ458 1415 Adelaide LH9771 1740 LH9770 2350 SQ268 1740 SQ269 2350 VS7268 1740 VS7269 2350 9W4081 1830 AF8087 1830 BA7381 1830 JL5084 1830 QF81 1830 Ahmedabad AI7201 1900 --NH6292 1900 SQ530 1900 Amsterdam LO4031 0610 AZ3993 0125
      2,985 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      314 18 CRYPTIC CROSSWORD Across 1 Get rid of two animals with a tine possibly (11) 9 Time waster hiding on bri-dle-road (5) 10 Fixers concerning two chaps (9) 11 Heaving drunk returned to croon (7) 12 The sanctimoniousness of Matins is doubtful (8) 14 Not out to note holiday bonus (8)
      314 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Tankers used for oil storage signal slump in freight rates
      787 19 When they unload in 6 months, they will add to vessel supply and lower rates Bloomberg [LONDON] A 42km-long line of idle oil tankers, enough to blockade the English Channel, may signal a 25 per cent slump in freight rates
      Bloomberg; FILE PHOTO  -  787 words
    • Article, Illustration
      Lock icon New top appointments in O&M industry
      411 19  -  By VINCENT WEE THE new working year has brought a fresh round of executive appointments in the offshore and marine (O&M) industry. This includes offshore supply player Otto Marine appointing Peter Jantzen as its new executive vice-president, and specialist steel supplier Asia Enterprises seeing
      411 words
    • Article
      Lock icon Pirates still hold Berlian ship off Somalia, says Indonesia
      274 19 Bloomberg [JAKARTA] Pirates are still in control of a chemical tanker chartered by Indonesia’s biggest shipping company, PT Berlian Laju Tanker, which they seized on Jan 1 in the Gulf of Aden, an Indonesian government spokesman said yesterday. “They’ve taken the
      Bloomberg  -  274 words
    • Article
      Lock icon Sunny outlook at Daewoo Shipbuilding
      275 19 Bloomberg [HONG KONG] Daewoo Shipbuilding Marine Engineering Co, the world’s second-largest shipbuilder, expects operating profit to rise to 1 trillion won (S$1.2 billion) this year as it builds more drill ships and offshore units. Sales may rise to 12.4 trillion won this year, the company
      Bloomberg  -  275 words
    • Article
      Lock icon Cambodia port traffic, revenue down sharply
      153 19 Xinhua [PHNOM PENH] Cambodia’s three major ports saw shipments and revenues fall in 2009 as garment and construction trade slumped, local media reported yesterday, citing operators. Officials from the kingdom’s largest port, Sihanoukville Autonomous Port (PAS), were quoted by the Phnom Penh Post as
      Xinhua  -  153 words
    • Article
      Lock icon Manila orders anti-piracy class for sailors
      372 19 Training, which lasts 8 hours, mandatory from Jan 15 AP [MANILA] The Philippines has ordered its seafarers, comprising about a third of the world’s commercial sailors, to go through an-ti-piracy training before they will be allowed to board ships, the labour secretary said yesterday.
      AP  -  372 words
    • Article
      Lock icon TRANSPORT ST0CKS
      286 19 SGX '000 Jan 4 S$ +/-Vol CH Offshore 0.69 0.02 2161 Chuan Hup Hldgs 0.35 unch 218 Cosco Corp 1.23 0.04 ***** CWT Ltd 0.86 0.02 7077 Ezra Hldgs 2.35 0.08 ***** First Ship Lease 0.60 unch 542 Freight Links 0.05 unch 25 Grand Banks unch unch 0
      286 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon 2010: a year of regional opportunities
      511 20 EDITORIAL 2010 has the potential to be a vintage year for East Asia in terms of economic and political developments. But if the region’s leaders fail to seize the opportunities, the New Year could see the beginnings of a drift toward nationalism and possible
      511 words
    • Article, Illustration
      Lock icon Obama must not end support for the economy
      829 20  -  THE BOTTOM LINE PAUL KRUGMAN NYT HERE’S what’s coming in economic news: the next US employment report could show the economy adding jobs for the first time in two years. The next GDP report is likely to show solid growth in late
      NYT  -  829 words
    • Article, Illustration
      Lock icon India needs to get out of the subsidy trap
      984 20  -  The system has become hugely expensive, and help is not going where it’s needed YOGI AGGARWAL IT is good that India’s Finance Minister Pranab Mukherjee acknowledged last week that the country’s budget deficit, forecast to balloon to a 16-year high this
      REUTERS  -  984 words
    • Article, Illustration
      Lock icon Bullish outlook for oil & gas sector
      1157 21  - Bullish outlook for oil gas sector S’pore, with its multitude of oilfield equipment and services firms, should also witness increasing M&A activity By CLAUDE ILLY The writer is executive director and head of Oil Gas Asia Pacific, Corporate Finance Advisory at Deloitte Touche Financial Advisory Services Pte Ltd 2009 was
      REUTERS  -  1,157 words
    • Article, Illustration
      Lock icon How China managed the economic crisis
      889 21  -  By LIU MINGKANG The writer is chairman of the China Banking Regulatory Commission. The opinions expressed are his own Bloomberg THE worst of the crisis seems to be over. When we look back at 2009, encouraging signs of economic recovery are emerging in both
      Bloomberg; AP  -  889 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8965 22 Transaction date: Jan 4 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3 3148 8Telecom 17 -0.5 844 17.5 17 17 17.5 5 0.6 30.9 81.4 9.5 2.5 5834
      8,965 words
    • Article
      Lock icon SGX CATALIST
      1918 23 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 6 1181 s AA Grp 7 6 8.5 6.7 25 12 8538 t APStrategic 17 15 16.5 100.3 4 0.5 1501
      1,918 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9230 23 UNIT TRUSTS FUNDS UNIT TRUSTS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!& 2.194/ AIGIF S'pore Bond Fund✓^ 1.386/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.19/ APS Alpha Fund (USD)!** 0.85/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd
      9,230 words
    • Article
      Lock icon SGX ETF
      448 23 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 110 +1 7 110 108 108.5 110 502.1 830 427 CIMBAsean40 100US$ US830 +19 150 830 825
      448 words
    • Article
      Lock icon CLOB INTERNATIONAL
      74 23 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 20 6000 AVJennings A47 50 52 3.6 7.4 3.8 122.4 31 6 6017 Genting HK US$ US26 unch 2823 26.5 26 26 26.5
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 24 In local curr In S$ In US$ dy yr dy yr dy yr Dec 31 Index Change Change Change Change Change Change World Index Preliminary 835.0 -0.1 23.2 0.0 24.1 0.1 27.4 EAFE Preliminary 784.9 0.2 20.9 0.4 24.5 0.5 27.8 Europe Preliminary 1124.9 0.1
      365 words
    • Article
      Lock icon INTERBANK RATES
      181 24 Jan 4 Bid $S Offer Bid Overnight 3/16 1/16 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.15 US$ Offer Bid 7 days 0.23 0.18 1 month 0.28 0.23 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.55 0.45 9 months 0.90 0.70
      181 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 24 Jan 4 S$ Bid Offer 1-month 1.4007 1.4027 2-months 1.4011 1.4032 3-months 1.4014 1.4035 6-months 1.4022 1.4044 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      187 24 Jan 4 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 10 288.0 288.0 294.0 113 819 Mar 10 294.5 614 Apr 10 296.0 510 May 10 297.0 730 Jun 10 297.0 297.0 298.0 20 630 Jul 10 298.0
      187 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      92 24 Jan 4 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 08.04.2010 0.59 0.60 0.50 1-Year BY*****N 01.11.2010 0.60 0.61 0.60 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****H 3.625 01.07.2011 104.37 104.40 104.35 5-Year N*****0N 1.375
      92 words
    • Article
      Lock icon CHICAGO BOT
      105 24 Dec 31 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 10 1039.75 1036.25 1052.25 1032.75 Mar 10 1048.50 1044.50 1061.50 1041.25 May 10 1053.75 1049.50 1066.50 1047.00 Jul 10 1059.25 1054.75 1072.25 1052.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 10 40.35 39.49 40.54
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Dec 31 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 77.80 unch WTI (Near Mth) 79.31 unch Dubai (1-Mth F) 77.61 unch Tapis blend 82.10 unch Minas 79.70 unch PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 80.95 1.55 Jet Kerosene 87.10 0.68 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 24 Jan 4 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2490 1.2880 Can dollar 1.3270 1.3450 Euro 1.9980 2.0240 NZ dollar 1.0060 1.0290 Sterling pound 2.2510 2.2810 US dollar 1.3960 1.4140 Local dollars to 100 units of foreign
      132 words
    • Article
      Lock icon STOCK INDEX FUTURES
      28 24 Jan 4 Sett Open High Sett STI Jan 2894 SIMSCI Jan 348.0 349.3 348.7 Taiwan Jan 295.6 296.1 294.6 Source: MF Global (S) Pte. Ltd
      28 words
    • Article
      Lock icon PALM OIL
      66 24 Jan 4 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 10 2620 2629 2629 2600 182 2279 Feb 10 2660 2656 2668 2638 1082 ***** Mar 10 2684 2680 2698 2665 5352 ***** Apr 10 2695 2701
      66 words
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      4553 25 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W GLOBAL SERVICE CONVENTIONAL BREAKBULK UK CONTINENT SERVICE U.S.A SERVICE Destination STXPO TBN RTM/ANR/TIL Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN
      4,553 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      340 24 Jan 4 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.6450 0 ***** Jun10 99.3250 0 7558 Sep10 98.9200 0 2836 Dec10 98.4900 0 3499 EUROYEN TIBOR FUTURES Mar10 99.6100 99.6100 99.6100 99.6100 0 3907 Jun10 99.6450 0 1729 Sep10 99.6650 0 1666 Dec10 99.6550 0
      340 words
    • Article
      Lock icon INTERBANK CROSS RATES
      489 24 Jan 4 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.942 6.155 0.630 6.994 41.850 84.115 0.838 10.410 3.073 1.245 76.154 41.417 1.263 6.642 0.935 28.669 29.959 0.559 0.902 Canada 1.061 6.531
      489 words
    • Article
      Lock icon SIBOR
      88 24 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** Jan 4 6 mths 0.***** 9 mths 0.***** 12 mths
      88 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 24 Jan 4 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2622 1.2645 0.9014 0.9017 Canadian dollar 1.3394 1.3418 0.9565 0.9568 Euro 2.0051 2.0081 1.4319 1.4320 NZ dollar 1.0140 1.0161 0.7241 0.7246 Sterling pound 2.2583 2.2622 1.6127 1.6132
      156 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2267 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 1 15 6 5.67 52 2036Advance SCT Ltd W*****9 0.5 1 87 1650 10.00 7 8756# Asiatic Grp (H) Ltd W*****2 9 1 3 1.33
      2,267 words
    • Article
      Lock icon PRECIOUS METALS
      141 24 GOLD (US$/oz) Jan 04 Dec 31 Hong Kong 1107.30 1103.50 Dec 30 Dec 31 London 1090.40 1097.00 1091.20 1098.00 Source: Thomson Reuters CAST BAR Jan 04 (S$) Selling Buying Kilobar "53,130.85" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 118.77 50 5gm 338.12 248 10gm 603.48 496 20gm
      141 words
    • Article
      Lock icon LONDON METALS
      69 24 Dec 31 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2197.00 2208.75 3 months 2230.00 2242.00 Copper, Grade A (US$/tonne) Cash 7342.00 7295.75 3 months 7375.00 7330.00 Lead (US$/tonne) Cash 2402.00 2381.50 3 months 2432.00 2411.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • Article
      Lock icon LIFFE
      77 24 Dec 31 COCOA (£/tonne) Close Prev High/Low Mar 10 2250 2226 2250/2210 May 10 2271 2245 2271/2230 Jul 10 2246 2226 2251/2210 Sep 10 2200 2191 2204/2175 COFFEE (US$/tonne) Close Pev High/Low Jan 10 1294 1277 1299/1277 Mar 10 1332 1318 1339/1320 May 10 1361 1348 1368/1354 SUGAR (US
      77 words
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING GUIDE EXPORT
    3454 26 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The telephone numbers of the advertisers are provided for your convenience. ETA ETA Advertiser Vessel Voyage Telephone SIN Dest’n Name Name
    3,454 words
  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      25 26 Experienced P maintenance ervices wanted Can they find your services Here in the Shipping Times? TO ADVERTISE. CALI IOE WONG AT 9620 1327 SHIPPING TIIVIES
      25 words
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  • PROPERTY
    • Article, Illustration
      Lock icon London landmark reflects property blues
      1192 27 Developers court investors in bid to redevolop Battersea Power Station site Reuters [LONDON] A gust of wind howls around Battersea Power Station, an industrial wasteland by the Thames whose coal-fired furnaces were once used by the Bank of England to burn millions of pounds worth
      Reuters; REUTERS  -  1,192 words
    • Article, Illustration
      Lock icon Emaar looks for growth beyond Dubai, property
      724 28 It is not considering a merger with rival Nakheel, which has about US$20b of debt AFP Reuters Bloomberg AFP [DUBAI] Dubai’s Emaar Properties will focus its efforts abroad and on non-property sectors such as hospitality and hospitals, the company said yesterday, as a
      AFP; Reuters; Bloomberg  -  724 words
    • Article
      Lock icon When real estate rules the heart
      1372 28 US couples in a buyer’s market are purchasing homes before setting a date for the wedding CHUCK Haberstroh and Jacque Horelik went to high school together in Westport, Connecticut, but they did not know each other then. They met by chance during college, when
      1,372 words
    • Article, Illustration
      Lock icon Rise in prime mortgage foreclosures seen in US
      479 28 Bloomberg [BOSTON] Homeowners with the best credit are the next big risk for the US housing market. An increase in mortgage defaults among prime borrowers in 2009 is likely to accelerate this year, slowing the real estate recovery even as Americans become
      Bloomberg; REUTERS  -  479 words
    • Article
      Lock icon Knight Frank in operations reorganisation
      231 28 [SINGAPORE] Knight Frank Singapore is reorganising its operations along five lines advisory, residential, commercial, property management and retail. Each division is headed by a managing director, who will provide strategic leadership to their unit and identify and groom the next tier and next generation of
      231 words
    • Article
      Lock icon S’pore hospitality sector seen recovering in 2010
      155 28  -  By ARTHUR LEE [SINGAPORE] Millennium Copthorne Hotels chairman Kwek Leng Beng is optimistic Singapore’s hospitality industry will recover this year. He is seeing improved occupancy rates at his Singapore hotels and expects average room rates to recover soon, he told BT. And with
      155 words
  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
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