The Business Times, 25 March 2010

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 61
1 22 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, March 25,2010
    23 words
  • 754 1  -  Redas chief says state intervention on supply side not always helpful By UMA SHANKARI [SINGAPORE] The president of the Real Estate Developers’ Association of Singapore (Redas), Simon Cheong, came out strongly yesterday to say the government should allow the property market here
    754 words
  • 140 1 ST INDEX 2,886.36 (-19.30) ST INDEX FUTURES 2,886 (-21) SIMSCI 343.11 (-2.48) SIMSCI FUTURES 343.70 (-2.30) FOREX US$ S$ US$ (S$ per US$) 1.402 (US$/S$ per 1.498 2.101 EURO (US$/S$/E) 1.342 1.882 Foreign currency per US$ S$ YEN 90.60 64.70 RM 3.318 2.366 HK$ 7.762 5.536 BAHT 32.34
    140 words
  • 788 1  -  New, monthly price index will also help in development of property derivatives By UMA SHANKARI [SINGAPORE] Singapore now has a second price index to provide information on the state of the private housing market here. The new Singapore Residential Price Index, or
    Source: National University of Singapore, URA  -  788 words
  • Page 1 Advertisements
    • 220 1 BizIT Fuji Xerox eyes 35% rise in S’pore profits PAGE 35 ECONOMY In a fix over Greece, Europe looks to IMF PAGE 4 COE PREMIUMS Unprecedented surge as panic seizes motor traders PAGE 2 PROPERTY Jackie Chan picks up 3 units at Centennia Suites PAGE PROPERTY 2010 Feel the pulse
      220 words

  • TOP STORIES
    • 387 2  -  Motor traders seem in a panic before new, smaller quota kicks in next month By SAMUEL EE [SINGAPORE] Premiums for a Certificate of Entitlement (COE) jumped by unprecedented amounts yesterday as panic appeared to seize motor traders during the final tender before the introduction of
      387 words
    • 357 2  -  Emil Chau also buys one as showbiz stars dip into S’pore property market By KALPANA RASHIWALA [SINGAPORE] Hong Kong movie superstar Jackie Chan and his good friend singer/songwriter Emil Chau, who were in town recently for last Sunday’s Thong Chai Charity
      FILE PHOTO  -  357 words
    • 520 2  -  By TEH SHI NING [SINGAPORE] In an unusually strongly-worded statement, the Singapore Exchange yesterday reprimanded Jurong Cement Limited (JCL) for “making false and misleading statements” relating to the reasons for director resignations. Five directors resigned from JCL’s board last November, including two employees of
      520 words
    • 88 2 IN “Accounting to get degree of change” (BT, March 22), we mentioned Bobby Chin’s ACCA qualification. Mr Chin has, in fact, an ACA with the Institute of Chartered Accountants in England and Wales. We are sorry for the error. The Committee to Devel- op the Accountancy Sector
      88 words
    • 356 2 Reuters [LONDON] Britain’s Labour government set the stage for the coming election with a budget that promised a £2.5 billion (S$5.24 billion) package to boost growth, higher taxes for the well-off and lower borrowing than predicted only three months ago.
      Reuters  -  356 words
    • 569 2 Reuters [DUBAI] Debt-laden Dubai World will present plans to restructure its US$26 billion debt pile to creditors this week, with details due to emerge yesterday, sources familiar with the talks told Reuters. The conglomerate, which has been locked in talks with
      Reuters  -  569 words
    • 540 2 New private housing price index launched in S’pore SINGAPORE now has a second price index to provide information on the state of the private housing market here. The new Singapore Residential Price Index aims to provide a resource for the development of property derivatives. It tracks month-on-month price
      540 words
    • 702 4  -  Fitch cuts Portugal’s debt rating, adding urgency for EU to resolve crisis By CONRAD TAN [SINGAPORE] After months of trying almost everything else, eurozone leaders yesterday appeared on the verge of turning to the International Monetary Fund (IMF) for help
      BLOOMBERG  -  702 words
    • 632 4 Reuters [SHANGHAI] The surprise star of the Rio Tinto trials, entering their final day here yesterday, was the billionaire founder of one of China’s most aggressive private steel mills. Written testimony from Du Shuanghua, founder of Rizhao Steel, gave a hint of how
      Reuters  -  632 words


  • Page 4 Advertisements
    • 194 4 FUJITSU Withou a ScanSnap scanner, I'll not be so relaxed now. \Y r $3 o a x m m ScanSnap S1300. The new high performance mobile scanner makes document management a snap! Scan up to 8 double-sided pages per minute Holds up to 10 pages in the automatic document feeder
      194 words
    • 70 4 TOM ONES LIVE IN SINGAPORE .'J P m r SO FRIDAY MAR 2 RESORTS WORL RESORTS WORLD CONVENT I COMPAr BUY YOUR TICKE WEBSITE: WWW.SISTIC.COM:SG H SISTIC AUTHORIZED FOR MORE INFORMATION LOG ON TO 8* $128 108PM >™ SENTOSA >N CENTRE™ BALLROOM *$188*-$356*" BOOKING FEE) ROUGH SISTIC 6348 5555 SNSMSLANDWIDE
      70 words
    • 11 4 Rio trial ends with no verdict or sentence reached, Page 20
      11 words

  • Page 5 Advertisements
    • 226 5 See beyond what at Designed for i an eye for exclusivity, The Vision offers an extravagant lifestyle like no other. Come home to the icon of the West, where panoramic sea view blends seamlessly with verdant greens, and a Sky Paragon club house on the 33rd floor takes luxury Only
      226 words

  • COMPANY NEWS
    • 512 6  -  Group ready to grow in deepwater production, which is expected to rise By TEH SHI NING MARINE and property conglomerate Keppel Corporation expects this year to be better than last, with its key offshore and marine business bagging $1.3 billion worth of new orders
      512 words
    • 257 6  -  By KAREN NG ANG Kong Hua will be the non-execu-tive chairman of Sembcorp Industries after current chairman Peter Seah steps down on May 1. Currently, Mr Ang is a director on the board of Sembcorp. Mr Ang, who is also executive director of
      257 words
    • 452 6  -  Contractor putting centre under receivership By LYNETTE KHOO SINGAPORE’S largest data centre, owned by listed Japan Land, is at risk of being liquidated as its main contractor is putting the centre under receivership over delayed progress payments. Jurong Data Centre Development (JDD) is unable
      452 words
    • 603 8  -  Highly uncertain whether its proposal will meet listing requirements: SGX By LYNETTE KHOO LOSS-MAKING General Magnetics said that SGX has rejected its request for a time extension to submit a proposal to resume trading of its shares. But the company has, subsequent to
      603 words
    • 841 8  -  HOCK LOCK SIEW By R SIVANITHY ONE of the most striking features of the “rally” of the past month is that it has occurred in relatively poor volume average daily turnover is 15 per cent down in March compared to 2009’s average, and feedback from retail
      841 words
    • 482 9  -  It will open 16 new properties this year; buy buildings in UK, Europe, China By EMILYN YAP GROWTH will continue to be on the agenda for Frasers Hospitality even after it hits its target of managing more than 10,600 service apartments by end-2012. The rate of
      482 words
    • COMPANY BRIEFS
      • 104 9 Z-OBEE Holdings said that its unit is buying 7,500 shares, representing a 15 per cent stake, in a tech firm Yoho King for US$10.8 million in cash. Yoho King is involved in the research and development, distribution and sales of a range of
        104 words
      • 62 9 RH Energy Ltd has secured a contract, worth about US$8.2 million, to provide 88 sets of pressure control systems to be installed along the main and branch pipelines of the Second West-East Natural Gas Pipeline undertaken by China National Petroleum Corporation. The contract is
        62 words
      • 80 9 CSE Global Ltd said that its UK subsidiary, CSE-Global (UK) Ltd, has entered into a sale and purchase agreement with MS Allison, KT Jones and C Hibberd to buy Systems Integration Automation Limited for £10.10 million (around S$21.51 million). The target company is
        80 words
    • 276 9 SHARES of Macquarie International Infrastructure Fund (MIIF) rose 3.7 per cent yesterday after it announced that it has agreed to sell its 8.7 per cent interest in Arqiva in the UK for a total cash consideration of £116.5 million (S$244.9 million). The net proceeds are expected
      276 words
    • 571 9  -  Info on management accounts to be given by April 9 By JOYCE HOOI AS part of the increasingly tangled web being weaved, FM Holdings responded to the queries of its sponsor PrimePartners Corporate Finance Pte Ltd after market close on Tuesday. Last week, PrimePartners
      571 words
    • 160 9 Bloomberg YANGZIJIANG Shipbuilding Holdings Ltd, a China-based shipbuilder, said it is “not affected” by financial difficulties at Rickmers Maritime Singapore as ships ordered by its German parent haven’t been cancelled. “Yangzijiang is not affected by what is happening to Rickmers in Singapore as the
      Bloomberg  -  160 words
  • Page 6 Advertisements
    • 213 6 INSIDE TRACK WITH ALEXYOONG Date: Friday 26 March, 6.30pm Venue: SportsBuzz@Paradiz Admission $20 (refreshments included) Free for The New Paper readers (present a copy of TNP at the entrance) AlexYoong ESPNStar presenter Guest columnist for The New Paper Malaysia's first and only F1 driver Lemans Rookie of the Year 2006
      213 words
    • 90 6 BE WELL INFORMED WITH FREE SEMINARS ON THE PROPERTY MARKET, INVESTMENTS AND MANY MORE. SINGAPORE 27 28 March 2010 SUNTEC Singapore Hall 401 L 11ll <M2. <4 Tlfl M I- ¥J t Mi i-' Visit The Business Times subscription booth at G04-G05 Subscribe to The Business Times and enjoy the
      90 words

  • Page 7 Advertisements
    • 331 7 in i I 1 UU i s£ Ml tM Ui I IAS IHI1 ft V. *r ITUDE. ALTITUDE. 010M W w, Altez soars above the ordinary. At 250 metres, it is the tallest residential tower in Singapore and one of the 20 tallest residential buildings in the world. In the
      331 words

  • Page 8 Advertisements
    • 2146 8 MATS BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg mapleiree logisticstrust MAPLETREE LOGISTICS TRUST (constituted in the Republic of Singapore pursuant to a trust deed dated 5 July 2004 (as amended)) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 1 st Annual General Meeting of
      2,146 words

  • Page 9 Advertisements
    • 102 9 planning a blockbuster weekend with your friends? 3 I V enjoy a complimentary ticket when you buy three. every weekend at Golden Village, Visa Platinum, Visa Signature and Visa Infinite cardholders only have to pay for three tickets when they book for four at www.gv.com.sg. Visa Infinite cardholders can enjoy
      102 words

  • SINGAPORE MARKETS
    • 549 10  -  However, the sale of a block of 115 million Noble shares boosts turnover STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index, which on Tuesday looked like it bounced 16 points due mainly to short-covering than anything else, yesterday fell back 19.3 points to
      Source: Bloomberg  -  549 words
    • 4 10 DAILY
      4 words
    • 66 10 Mar 24 VALUE CLOSE BT OB/OS 132.00 -200.0 BT CADI -*****.00 -19.0 BT 10-day MA -*****.00 +13.00 FTSE ST Mid Cap 691.41 -2.20 FTSE ST Small Cap 552.44 +0.65 FTSE ST All Share 711.79 -4.03 FTSE ST China Top 279.06 -1.21 FTSE ST China 296.02 -0.69 FTSE
      66 words
    • 186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 5 4 0 0 0 5 5 4 Manufacturing 60 66 79 8 7 11 68 73 90 Commerce 15 25 27 4 1 6 19 26 33 Tpt/Stor/Comms 14 13 17
      186 words
    • BROKERS’ TAKE
      • 384 10 Singapore March 24 close: $1.08 OCBC INVESTMENT RESEARCH, March 24 SINGAPORE Post (SingPost) is issuing $200 million in principal amount of fixed-rate notes due 2020 with a coupon rate of 3.5 per cent. With a denomination of $250,000, the notes will have a tenure of 10 years. SingPost
        384 words
      • 576 10  -  March 24 close: $0.26 CIMB-GK RESEARCH, March 24 Compiled by CONRAD TAN MAINTAIN “outperform”. We remain bullish on Yongnam Holdings’ prospects, backed by its sizable order book and consistent earnings delivery. We keep our FY2010-12 EPS estimates largely intact. Our target price of $0.46 is also unchanged, based
        576 words
    • 119 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,819 20,819 56,619 56,619 Manufacturing 357,199 11,535 368,734 207,329 873 208,202 Commerce 397,574 17,485 415,059 567,279 3,262 570,541 Tpt/Stor/Comms 93,569 1,088 94,657 144,845 175 145,020 Finance 70,638 20 70,658 155,364 1 155,365 Construction 57,197 6,200
      119 words
    • 114 10 Stock name Close Change Stock name Close Change CapMallsAsia 2.290 -0.030 CapitaLand 4.000 -0.040 CapitaMall 1.830 -0.020 CityDev 10.580 -0.080 ComfortDelGro 1.560 +0.010 DBS Grp 14.480 -0.120 F&N 4.630 +0.030 Genting SP 0.910 -0.025 Golden Agri 0.560 -0.005 HK Land 4.810 -0.040 JMH 34.160 +0.160 JSH
      114 words
    • 477 10 CURRENCIES Reuters [LONDON] The euro was under further pressure yesterday, slumping to a 10-month low versus the US dollar and a record low against the Swiss franc as uncertainty over aid for debt-stricken Greece knocked the single currency. The move came ahead of
      Reuters; REUTERS  -  477 words
    • 60 10 VOLUME Noble Grp 149,316,000 Abterra 108,193,000 Genting SP 80,348,000 Golden Agri 73,035,000 Ban Joo 54,877,000 GlobalInv 52,523,000 Z-Obee Hldgs 43,331,000 BanJoo W*****2 36,935,000 DMX Tech 31,954,000 Eastgate Tech 29,649,000 VALUE($) Noble Grp 466,459,010 Genting SP 73,869,810 DBS Grp 52,195,980 CapitaLand 50,105,280 Golden Agri 41,551,825 SingTel 39,205,290 Wilmar
      60 words
    • 109 10 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 89.7 0.6 OCC 3.93% NCPS10 8690 66.0 0.8 Jardine C&C 2768 38.0 1.4 DBXT MSINDO 10us$ 1155 30.8 1.9 OCC 5.1% NCPS 100 ***** 30.0 0.3 DBXT FTChina25 10US$ 2951 28.0 0.7 JMH 3416 22.4 0.5 Great Eastern 1474 22.0 1.5
      109 words
    • 120 10 BY CENTS CLOSE DOWN GLD 10US$ ***** -91.1 -0.6 JSH 1972 -50.5 -1.8 DBXT S&P Short 10US$ 5092 -47.7 -0.7 STXPO 100 1556 -28.0 -1.8 Total Access 110 -14.0 -8.3 Noble Grp.ES.1003 319 -14.0 -4.2 Keppel Corp 903 -13.0 -1.4 DBS Grp 1448 -12.0 -0.8 Noble Grp 319 -12.0
      120 words
    • 87 10 Where S$ stands Mar 24 CHNG YR 2010 CLOSE FR Mar 23 S$ LOW S$ HIGH US$ 1.4037 -0.13 1.4219 1.3953 Euro 1.8781 0.92 2.0153 1.8781@ Pounds 2.1015 0.28 2.2776 2.0848 A$ 1.2838 0.04 1.2923 1.2276 Yen* 1.5399 0.85 1.5927 1.5027 Rupiah* 0.***** -0.07 0.*****# 0.***** Baht* 4.3403 -0.14
      87 words

  • Page 11 Advertisements
    • 221 11 SA WA ATLA ATLAN DALLAS LOS AN WASHINGTON A O CITY MIAMI ORLEANS FR ANY NEW YO SAN FRANCISC O. BARCELONA UTH BEACH QUARTER NEW SQUARE NEW DALE SEATTLE WOOD ONTREAL E COURT N SQUARE CON VALLEY ISTANBUL DOH/V HONG KONG CEST DO I r SINGAPORE SENTOSA COVE THE RESIDENCES
      221 words

  • SINGAPORE NEWS
    • 408 12  -  Ranking makes city appealing to global firms wishing to bring in staff: ECA By TEH SHI NING SINGAPORE has emerged as the top place for Asian expatriates to live in for an 11th year running, according to global human resource consultancy
      YEN MENG JIIN  -  408 words
    • 411 12  -  But prospects are improving, with some companies ready to hire again By CONRAD TAN FIRMS are still cautious about hiring finance and accounting staff, especially for entry-level positions, despite the recent rebound in the economy and financial markets, a new survey shows. About two-thirds
      411 words
    • 203 12 LAST week, Singapore Exchange (SGX) chairman JY Pillay reminded SMEs of the importance of adopting good corporate governance practices. Now, the Accounting and Corporate Regulatory Authority (Acra) has announced its intention to roll out a suite of initiatives aimed at cultivating a culture of voluntary
      203 words
    • 278 12 Semiconductor maker SSMC invests US$30m on R&D SYSTEMS on Silicon Manufacturing Co Pte Ltd (SSMC) yesterday announced a new R&D investment of US$30 million, signalling a greater strategic inclination towards “speciality wafers” involved in day-to-day applications, such as the chips in our biometric passports. “We are
      278 words
    • 328 12  -  By RONNIE LIM BANG on schedule, Shell’s new ethylene cracker the centrepiece of its new US$3 billion Shell Eastern Petrochemicals Complex (SEPC) here was successfully started up this week, producing on-specification ethylene since Monday, the company announced yesterday. This means that SEPC is now
      328 words
    • 366 12  -  By NISHA RAMCHANDANI SWISS distributor DKSH is expanding its presence here, by relocating its global finance centre from Zurich in a nod to Singapore’s importance to the group’s global operations. “Moving the activities of the finance team closer to our operations here in
      366 words
    • 425 12  -  Risk of double-dip recession ahead is significant By ANNA TEO THE economic outlook for the Western world will be pretty grim in the next couple of years, with the global economy only crawling along at best, says a leading British economist. There’s also
      425 words
  • Page 12 Advertisements
    • 46 12 Branded Residences in Sentosa Cove Within minutes to Universal Studios Theme Park and Integrated Resort <*****1 Quality Quayside Lifestyle with Panoramic views Spacious units of 2 3 4 Bedrooms and Penthouse Recreational facilities with private berths ,9127 4985 CBRE Call now! I f CB RICHARD ELLIS
      46 words

  • ECONOMY WATCH
    • 620 13  -  Govt assures market it will not force BOJ to ‘print money’ to finance deficit By ANTHONY ROWLEY JAPAN’S parliament passed an all-time high annual Budget yesterday, requiring a record amount of public borrowing. Meanwhile, government ministers sought to reassure financial markets that they
      REUTERS  -  620 words
    • 275 13 Reuters [WASHINGTON] Two US senators said on Tuesday that they would push for quick action on a bipartisan bill aimed at making China raise the value of its currency. Senator Charles Schumer, a New York Democrat, said he wanted a vote on the
      Reuters  -  275 words
    • 443 13 Reuters [TOKYO] The Japanese government has scaled back its privatisation plan for Japan Post to hold more than a third of its shares, keeping a grip on the conglomerate that is the single largest holder of government bonds. Japan Post is the country’s
      Reuters  -  443 words
    • 408 13 33% pay cut for top 25 execs at each of bailed out firms LAT-WP [WASHINGTON] The Obama administration’s pay czar on Tuesday announced further pay cuts for top executives at five US firms still receiving substantial help from the federal government,
      LAT-WP  -  408 words
    • 371 13 Uptrend in exports gaining strength, say economists Reuters [TOKYO] Japan’s exports fell slightly in February, but a big rise in auto shipments to the US showed exports are continuing to pick up on the back of a recovery in the global
      Reuters  -  371 words
  • Page 13 Advertisements
    • 67 13 rsai Swiss quality also stands for dynamism. Ensuring your success with global mailings. Swiss Post offers you cross-border mailing options to make your business even more successful. You can count on us for daily mail, direct mailings, newspapers, magazines and small consignments. With our flexibility, innovativeness and reliability we are
      67 words

  • Page 14 Advertisements
    • 4017 14 Corporation Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) Notice of Annual General Meeting and Closure of Books NOTICE IS HEREBY GIVEN that the 42nd Annual General Meeting of the Company will be held at Four Seasons Hotel, Four Seasons Ballroom (Level 2), 190 Orchard
      4,017 words

  • MALAYSIA/INDONESIA
    • 722 15  -  Domestic demand, driven by private sector, and exports seen fuelling growth By S JAYASANKARAN, PAULINE NG THE Malaysian economy is expected to grow between 4.5 and 5.5 per cent this year, after shrinking 1.7 per cent in 2009, according to the central bank. Bank
      BLOOMBERG  -  722 words
    • 260 15 Bloomberg [JAKARTA] Indonesia needs to demonstrate that it can sustain its economic policy framework in order to achieve an investment-grade debt rating, according to Fitch Ratings. “That kind of policy sustainability despite changes in personnel and government is a feature of high-rated sovereigns,” Fitch
      Bloomberg  -  260 words
    • 291 15 RM 10.8b takeover could end industry impasse in Selangor Reuters [KUALA LUMPUR] Malaysian builder Gamuda said yesterday its 40 per cent owned unit Splash is planning a RM10.8 billion offer for the water assets of the central Selangor state. Splash has informed
      Reuters  -  291 words
    • 208 15 Xinhua [JAKARTA] Indonesia’s footwear exports are expected to rise to US$2 billion this year, up 17.5 per cent compared with last year, due to the increase of orders from Europe and non-traditional markets, a local newspaper reported yesterday. Indonesian Footwear Industry Association secre-tary-general Binsar
      Xinhua  -  208 words
  • Page 15 Advertisements
    • 237 15 x* A i*j j ii» 1 r r _l »aa[j "ajjgjjjj mma E;ij WWW J 3CDWL>i J Jd J GDJJJ J £J£j Conference: 8th 9th April 2010 Topic Highlights: Singapore as a Living Laboratory for Urban Solutions Green Buildings An International Platform for Green ICT Solutions Bringing Ideas to Market
      237 words
    • 924 15 MATS i ci NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg 4 Keppel Corporation Keppel Corporation Limited Co Reg No:*****0351N (Incorporated in the Republic of Singapore) Notice of Extraordinary General Meeting NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Keppel Corporation Limited (the "Company" or "KCL") will be held at
      924 words

  • Page 16 Advertisements
    • 3834 16 Keppel Land Keppel Land Limited Co Reg No: *****0001G (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the ordinary shareholders of the Company will be held at Four Seasons Hotel, Four Seasons Ballroom, 2nd Floor, 190 Orchard
      3,834 words

  • GREATER CHINA
    • 542 17 3.6m tpy contract shows momentum in fledging coalseam gas industry Reuters [PERTH] China National Offshore Oil Corp (CNOOC) and BG Group signed Australia’s biggest ever liquefied natural gas (LNG) supply deal yesterday, paving the way for approval of BG’s A$8 billion (S$10.3 billion)
      Reuters  -  542 words
    • 263 17 Reuters [BEIJING] China continues to support the annual benchmark pricing system for iron ore but opposes “any form of monopoly behaviour” that flouts market rules, a government official said on Tuesday. Jia Yinsong, head of the raw material department at the Ministry of Industry
      Reuters  -  263 words
    • 214 17 Reuters [BEIJING] Industrial and Commercial Bank of China, the world’s largest bank by market value, is worried about short-term volatility as economic stimuli are withdrawn and about sustaining high growth in the long run. In an interview with The Asian Banker
      Reuters  -  214 words
    • 394 17 Stanley Ho’s flagship said to retain largest share at 30% Reuters [HONG KONG] Gambling revenue in Macau reached close to HK$13 billion (S$2.3 billion) for the first three weeks of March, on track for a monthly record, underscoring sustained growth in the
      Reuters  -  394 words
  • Page 17 Advertisements
    • 515 17 INITIAL PUBLIC OFFERING ■n STRUCTURES THAT SHAPE THE FUTURE \-f m ITi Li S^asc -^x RIBe HOty IPO Clos 30 M es 5? 5070 at '2.00 iOo n TTJ TTJ HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 28 August 1992) (Company Registration No. *****4617M) TTJ Holdings Limited is
      515 words

  • Page 18 Advertisements
    • 3820 18 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg adv K! ROKKO HOLDINGS LTD. (Incorporated in Singapore) (Company Registration No.: *****9694C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Falcon Room, Laguna National Golf and Country Club, 11 Laguna
      3,820 words

  • GREATER CHINA/INDIA
    • 525 19 French, Russian rivals cash in, as Americans stay stalled pending liability legislation AFP [NEW DELHI] US nuclear companies looked poised to benefit from a 2008 deal that threw open India’s promise-filled atomic market, but instead are watching from the sidelines as French
      AFP  -  525 words
    • 382 19 Global economy will be considered in any moves: ex-official Reuters [BEIJING] The Chinese government has been “consistently and conscientiously” studying how to reform the yuan exchange rate, a former senior official said, stressing that any moves would be cautious. Li Deshui, the retired
      Reuters; AP  -  382 words
    • 205 19 Reuters [NEW DELHI] The Indian unit of Coca-Cola Co has been asked to pay US$47 million compensation for causing environmental damage at its bottling plant in the southern Indian state of Kerala, state officials said on Tuesday. A state government panel, in a
      Reuters  -  205 words
    • 261 19 Bloomberg [SHANGHAI] China will balk at allowing the yuan to appreciate if the US labels the country a currency manipulator next month, said Donald Straszheim, director of China research at International Strategy Investment Group. The Treasury Department is “seriously considering” labelling China a
      Bloomberg  -  261 words
    • 575 20 US arms sales to Taiwan, yuan row, Dalai Lama’s US visit, high in priority AFP [BEIJING] China and the United States are not ready to spar over Google’s decision to effectively shut down its Chinese search engine, opting to focus on more serious issues
      AFP  -  575 words
    • 557 20 Reuters [BEIJING] Two days after shutting its Chinese portal over censorship, Google Inc said it plans to phase out deals to provide filtered search services to other online or mobile firms in China. It has already been shunned by at least one of
      Reuters  -  557 words
    • 561 20 Reuters [SHANGHAI] The trial of four Rio Tinto executives ended in Shanghai yesterday, with three defendants contesting charges of stealing commercial secrets in a case that has highlighted the Chinese steel industry’s huge appetite for iron ore. The trial of Australian
      Reuters  -  561 words
    • 435 20 Reuters [MUMBAI] Demand-side pressure on the Indian economy can build up further and it is better to take some action now, the central bank governor said yesterday, days after it surprised markets by raising interest rates. The Reserve Bank of India (RBI),
      Reuters  -  435 words
    • 245 20 AFP [TAIPEI] Taiwan’s high court yesterday warned the former head of United Microelectronics Corp (UMC) that he risks being arrested after shouting at the judges and walking out of his trial for illegal investment. Robert Tsao, one of the island’s most successful businessmen,
      AFP  -  245 words
  • Page 19 Advertisements
    • 79 19 I I N 3* 4 yp V Vanda Terrace Zhi Cha Set at only $78++ (serves 4-6 persons) Par Lounge Buy 3 jugs of beer at only $32++ (U.P: $59.40) Kitagawa Japanese Tokusen Zuwaigani Sarada (Special flower crabmeat salad) at only $8.80++ Peach Garden Mjni Buddha Jump Over The Wall
      79 words

  • Page 20 Advertisements
    • 1378 20 BEATS NOTICES muj MM TUAN SING HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****0130M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 40 th Annual General Meeting of Tuan Sing Holdings Limited (the "Company") will be held at the NTUC Centre, No. 1
      1,378 words
    • 125 20 April issue out now! 1 >» L ■c V-. -V Get your copy from any Spinelli outlet at $5.50 and get a complimentary medium espresso beverage Is Price-to-Book the best predictor of future share price performance? We hunt for select stocks among those trading below book value SIA erases red
      125 words

  • Page 21 Advertisements
    • 272 21 CFA Institute EDHEC Risk Institute mg r pi Its Advances in Asset Allocation Seminar State-of-the-art risk management and asset allocation processes for product innovation London, 1-3 December 2009 Singapore, 18-20 May 2010 New York, 13-15 July 2010 Bridging the Gap between Portfolio Theory and Portfolio Construction Optimising Portfolio Construction in
      272 words

  • Page 22 Advertisements
    • 1187 22 Advertising Feature ASIA SQUARE: Setting a new standard in Grade A office space mm iii'iiwmi 4 1 f v •r' 1 y m m m t-S. n'ltr ft J 'T 1$; tMMt ,:S r-, r N \msr f r S Soaring over 16 metres in height, 'The Cube' is a
      1,187 words

  • ASIA-PACIFIC/WORLD
    • 594 23 FSA squad raids 16 addresses in London on Tuesday, arrests 6 people Reuters [LONDON] One of the biggest insider trading cases to hit London in years cast a shadow on Tuesday on European banks Deutsche Bank and BNP Paribas SA, as well as
      Reuters  -  594 words
    • 534 23 He was given a special pardon from the president in Dec AP [SEOUL] Lee Kun-hee, the former chairman of Samsung Electronics, has returned to lead the company after a nearly two-year absence. The 68-year-old Mr Lee, a South Korean corporate icon, was indicted in
      AP; AFP  -  534 words
    • 134 23 Bloomberg [TOKYO] Mitsumi Electric Co and other parts suppliers to Nintendo Co advanced after Nintendo said that it will start selling a 3-D version of its portable DS game machine that does not require glasses. Mitsumi Electric shares climbed 3.9 per cent to 2,042 yen on
      Bloomberg  -  134 words
  • Page 23 Advertisements
    • 484 23 LION GLOBAL INVESTORS Our award-winning funds are stacked higher because of your trust in us THE EDGE I UPPER FUND AWARDS 2010 LionGlobal Singapore/ Malaysia Fund (Equity Malaysia Singapore) Best Fund over 3 Years Best Fund over 5 Years Best Fund over 10 Years LionGlobal Singapore Balanced Fund (Mixed Asset
      484 words

  • WORLD
    • 520 24 US customers seen as too risky even if they are not dodging US taxes AP Reuters [GENEVA] A senior Swiss regulator said on Tuesday that banks were right to close thousands of Ameri-can-held accounts, and even encouraged Swiss financial institutions to avoid US
      AP; Reuters  -  520 words
    • 439 24 NYT [WASHINGTON] Despite growing pressure from Congress to act quickly, the Obama administration is moving tentatively to develop a plan to reshape Fannie Mae and Freddie Mac, the mortgage-finance companies taken over by the government 18 months ago. On April 15, the Treasury
      NYT  -  439 words
    • 455 24 Bloomberg [NEW YORK] Daimler will pay US$185 million to resolve criminal charges by the US government that the carmaker violated the US Foreign Corrupt Practices Act, according to a person familiar with the litigation. The US government alleged that the maker of Mer-cedes-Benz
      Bloomberg; AP  -  455 words
    • 474 24 Reuters [WASHINGTON] A US programme aimed at helping struggling homeowners avoid foreclosure has been oversold by the Treasury Department and is likely to be a failure when it wraps up in 2012, a report from the watchdog overseeing the US$700 billion bank bailout
      Reuters  -  474 words
    • 388 24 LATEST US DATA Reuters [WASHINGTON] New orders for US durable goods rose for the third straight month in February as businesses rebuilt inventories by the largest margin in more than a year, pointing to continued strength in manufacturing. The Commerce Department said yesterday that
      Reuters  -  388 words
  • Page 24 Advertisements
    • 1098 24 NOTICES BUY IT• SELL IT• FIND IT FIRST REAL ESTATE INVESTMENT TRUST (Constituted in the Republic of Singapore pursuant to a Trust Deed dated 19 October 2006) Manager Bowsprit Capital Corporation Limited Trustee HSBC Institutional Trust Services (Singapore) Limited NOTICE OF ANNUAL GENERAL MEETING OF THE UNITHOLDERS NOTICE IS HEREBY
      1,098 words

  • Page 25 Advertisements
    • 3823 25 sembcorp marine SEMBCORP MARINE LTD (Company Registration Number: *****0098Z) (Incorporated In Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 47 th Annual General Meeting of the Company will be held on Tuesday, April 20, 2010 at 11.00 a.m. at 29 Tanjong Kling Road, Singapore
      3,823 words

  • EDITORIAL & OPINION
    • 1046 26  -  They are commanding respect as critical variables in the nation’s industrialisation strategy By AMITENDU PALIT The writer is head (development programmes) and visiting research fellow at the Institute of South Asian Studies in the National University of Singapore INDIA’S new-age special economic zones
      BLOOMBERG  -  1,046 words
    • 848 26  - US to join the mercantile game but will it work? THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent “WE’RE all mercantilists now,” laughed former US trade representative Clayton Yeutter during a discussion I attended in Tokyo this week. The trouble is, he wasn’t joking, as the Obama administration is proving by
      848 words
    • 465 26 EDITORIAL AMONG investors outside the country, at least, India has long suffered from a reputation of being a difficult place in which to do business, owing to a myriad of problems, including poor infrastructure, red tape, and unclear policies and regulations. However, this is now fast
      465 words
    • 1929 27  -  One of the main reasons for the cartel staying put in the driver’s seat is the lack of supply growth outside Opec By CHRISTOF RÜHL WHEN the global economic crisis fully hit, in the summer of 2008, the impact on energy markets was immediate
      AP  -  1,929 words
    • 752 27  -  By MAUREEN DOWD NYT THE Democrats were walking around in a state of shock. Holy cow, they were saying to themselves. We’re not total wimps! We don’t have to sit around and let ourselves be slapped silly by Republican bullies and Tea Party
      NYT  -  752 words
  • Page 26 Advertisements

  • Page 27 Advertisements
    • 30 27 This article is sourced from ‘Foreign Affairs’, a publication of the US Council on Foreign Relations. This is Part 2 of a three-part article. Part 1 appeared on March 18
      30 words

  • AVIATION
    • 270 28  -  It wins World’s Best Airport, Best Leisure Amenities at 2010 Skytrax awards By VEN SREENIVASAN [SINGAPORE] Changi won World’s Best Airport at the 2010 Skytrax awards in Brussels, Belgium, this week. It also picked up the Skytrax award for Best Leisure Amenities. The
      ALPHONSUS CHERN/ ST PHOTO  -  270 words
    • 626 28 AFP [GENEVA] US aerospace giant Boeing and its European rival Airbus both claimed victory on Tuesday over a landmark World Trade Organization ruling on their dispute over state subsidies. Authorities in the European Union and the US kept mum on the contents of
      AFP  -  626 words
    • 447 28 LAT-WP [WASHINGTON] President Barack Obama’s pick to lead the Transportation Security Administration (TSA) would not say on Tuesday whether he supports collective bargaining rights for airport security screeners. The issue ranks as a major concern of federal worker unions and has ensnared
      LAT-WP  -  447 words
    • 199 28 Bloomberg [DUBAI] Dubai will in June open the first section of its new international airport, which aims to become the world’s largest passenger and cargo hub. Al Maktoum International Airport on June 27 will open a cargo terminal with an initial
      Bloomberg  -  199 words
    • 2889 28 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1240 SQ458 1415 --EY473 1940 Adelaide LH9771 1740 LH9770 2350 SQ268 1740 SQ269 2350 VS7268 1740 VS7269 2350 9W4081 1830 AF8087 1830 BA7381 1830 JL5084 1830 QF81 1830 Amsterdam LO4031 0610 KL836 0125 SQ323 0610 AZ3993 2250 US5410
      2,889 words
    • 4893 29 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 UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN RTM/ANR/TIL *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination SAN SIMEON NEW ORLEANS/CAMDEN *Loads E./W.
      4,893 words
  • Page 28 Miscellaneous
    • 326 28 CRYPTIC CROSSWORD Across 1 Underground location? Graves may be found here (4,6) 6 Are parliamentarians sorting expenses initially in recess? (4) 9 Student beginning to spurn female artist ‘heretic’ (10) 10 Last bit of crossword somebody finished (4) 12 This could lead to baker performing acrobatic moves (12) 15 Ladies
      326 words


  • 678 30  -  It will ensure its ships are filled with profitable cargo before expanding ASIA-PACIFIC MARITIME 2010 By VINCENT WEE [SINGAPORE] Top container line Maersk will keep capacity flat for now as it lacks visibility for the rest of the year, said Asia-Pacif-ic
    BLOOMBERG  -  678 words
  • 294 30  -  By VINCENT WEE [SINGAPORE] Major China player Weichai Power will spend $20 million on a regional headquarters and showroom at Tuas to reach out to the South-east Asian market, with eventual assembly facilities costing up to US$100 million in two to three
    294 words
  • 248 30 Reuters [DUBAI] Port operator DP World, a unit of troubled state-owned conglomerate Dubai World, saw a 46 per cent drop in 2009 profit but said it saw signs of recovery for 2010. The company’s results come as its debt-laden parent
    Reuters  -  248 words
  • 281 30 SGX '000 Mar 24 S$ +/-Vol CH Offshore 0.65 -0.01 373 Chuan Hup Hldgs unch unch 0 Cosco Corp 1.24 0.01 5075 CWT Ltd 1.07 0.01 9854 Ezra Hldgs 2.38 -0.04 1394 First Ship Lease 0.60 -0.01 772 Freight Links 0.05 unch 20 Grand Banks unch unch 0
    281 words
  • Page 30 Advertisements
    • 86 30 International Shipping Bureau is looking for a LI LU for its Freight Forwarding Division. Candidate should have minimum 5 years experience in Logistics freight forwarding in local market Ability to develop business from the local market Good contacts negotiations power with the shipping lines Good communications skills good coordination with
      86 words

  • SINGAPORE STOCKS
    • 9002 31 Transaction date: Mar 24 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 3.5 3148 8Telecom 16.5 unch 50 16.5 16.5 16.5 17 1.7 11 5.3 79 10 3 5834
      9,002 words
    • 1892 32 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 5 1181 t AA Grp 5.5 4.5 5.5 30.6 5.3 25 12 8538 t APStrategic 15.5 13 15 91.5 4 1
      1,892 words
    • 9335 32 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.23/ APS Alpha Fund (USD)!** 0.88/ AXA Life Secure Ascent 2020 Fund 0.9498/0.9498 AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.7/ Aberdeen Asset Mgt Asia Limited American Opp 0.6701/ Asian Credit Fund 1.2493/ Asian
      9,335 words
    • 555 32 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 $mil 111 107 6389 ABF SG Bond ETF 109.5 109 112 499.8 863 479 CIMBAsean40 100US$ US854cd 859 865 34.2 298 167 DBS STI ETF
      555 words
    • 78 32 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 $mil 56 26 6000 AVJennings A47 +1 6 47 47 47 50 3.6 7.4 3.8 122.4 31 7 6017 Genting HK US$ US23 +0.5 8266
      78 words


  • FINANCE & COMMODITIES
    • 365 33 In local curr In S$ In US$ dy yr dy yr dy yr Mar 23 Index Change Change Change Change Change Change World Index Preliminary 862.6 0.3 3.6 0.2 2.2 0.3 2.5 EAFE Preliminary 805.6 0.5 2.6 0.4 -0.4 0.5 -0.1 Europe Preliminary 1153.9 0.6
      365 words
    • 181 33 Mar 24 Bid $S Offer Bid Overnight 1/16 par 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.33 0.23 1 month 0.35 0.25 2 months 0.36 0.26 3 months 0.37 0.27 6 months 0.50 0.40 9 months 0.90 0.60
      181 words
    • 22 33 Mar 24 S$ Bid Offer 1-month 1.4016 1.4029 2-months 1.4018 1.4031 3-months 1.4020 1.4033 6-months 1.4026 1.4040 Source: OCBC
      22 words
    • 132 33 Mar 24 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2760 1.3140 Can dollar 1.3710 1.3880 Euro 1.8780 1.9000 NZ dollar 0.9800 1.0010 Sterling pound 2.0940 2.1190 US dollar 1.3930 1.4100 Local dollars to 100 units of foreign
      132 words
    • 27 33 Mar 24 Open High Sett STI Mar 2886 SIMSCI Mar 346.0 347.9 343.7 Taiwan Mar 278.8 281.7 279.2 Source: MF Global (S) Pte. Ltd
      27 words
    • 66 33 Mar 24 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 10 2632 2612 2642 2605 646 6302 May 10 2603 2577 2611 2567 1890 ***** Jun 10 2585 2560 2595 2549 9675 ***** Jul 10 2572 2546
      66 words
    • 365 33 Mar 24 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.6200 0 3632 Sep10 99.4300 0 1703 Dec10 99.1450 0 4421 Mar11 98.8150 0 4508 EUROYEN TIBOR FUTURES Jun10 99.6100 99.6100 99.5950 99.6000 316 4716 Sep10 99.6200 99.6200 99.6200 99.6200 77 4042 Dec10 99.6250 99.6250 99.6250
      365 words
    • 191 33 Mar 24 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 10 333.5 333.5 334.5 8 724 May 10 330.0 652 Jun 10 327.5 325.0 327.5 40 800 Jul 10 323.5 320.5 323.0 140 420 Aug 10 320.0 230
      191 words
    • 88 33 Mar 24 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 24.06.2010 0.35 1-Year BY*****N 01.11.2010 0.37 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.13 104.17 104.15 5-Year N*****0N 1.375 01.10.2014 100.32 100.38 100.37
      88 words
    • 105 33 Mar 23 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 968.00 698.50 976.50 964.75 Jul 10 975.50 976.75 984.00 972.00 Aug 10 970.50 973.25 979.00 968.25 Sep 10 951.25 957.50 960.50 949.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 39.54 39.72 39.90
      105 words
    • 77 33 CRUDE OIL PRODUCTS Mar 23 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 80.92 1.07 WTI (Near Mth) 81.62 0.21 Dubai (1-Mth F) 78.51 1.33 Tapis blend 83.15 1.40 Minas 82.45 1.40 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 79.44 0.77 Jet Kerosene 87.55 0.60 US$/barrel Opec Oil
      77 words
    • 2469 33 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2.5 1 15 13 6.20 50 4085 ASJ Hldgs W*****1 2 1 4 20 2.50 23 2036 Advance SCT W*****9 0.5 1 87 2400 7.00 5
      2,469 words
    • 465 33 Mar 24 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.932 6.258 0.683 7.115 41.561 83.553 0.831 10.431 3.041 1.302 77.067 41.751 1.285 6.743 0.974 29.152 29.640 0.612 0.917 Canada 1.073 6.713
      465 words
    • 85 33 Mar 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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 156 33 Mar 24 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2842 1.2861 0.9164 0.9169 Canadian dollar 1.3776 1.3798 0.9830 0.9837 Euro 1.8811 1.8833 1.3423 1.3426 NZ dollar 0.9866 0.9883 0.7040 0.7046 Sterling pound 2.0994 2.1022 1.4981 1.4987
      156 words
    • 144 33 Mar 24 GOLD (US$/oz) Mar 23 Mar 24 Hong Kong 1103.30 1097.80 Mar 22 Mar 23 London 1099.35 1107.35 1100.15 1108.15 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Mar 24 (S$) Selling Buying Kilobar 53,443.29 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 119.84 50 5gm 340.26
      144 words
    • 69 33 Mar 23 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2224.75 2220.50 3 months 2258.00 2255.00 Copper, Grade A (US$/tonne) Cash 7402.25 7411.25 3 months 7440.00 7450.00 Lead (US$/tonne) Cash 2074.75 2136.00 3 months 2104.00 2165.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 77 33 Mar 23 COCOA (£/tonne) Close Prev High/Low May 10 2218 2211 2238/2207 Jul 10 2227 2218 2244/2214 Sep 10 2184 2170 2192/2167 Dec 10 2158 2148 2163/2140 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1255 1241 1262/1251 May 10 1287 1273 1297/1265 Jul 10 1320 1306 1329/1297 SUGAR (US
      77 words

  • Page 34 Advertisements
    • 275 34 fm :?16irm H #i W2 4 4;'i y f J Sfc K L>>.. .*P% EMC? where information lives® 3..V *J$g m ,w V >/ Now: 48% virtualized, 52% unrealized. trf '**r? V w*t > ."1 Next: Maintain full visibility and control. r. 1 >1 'av Jv. -*Vf VYv-'W r. 1
      275 words

  • BizIT
    • 481 35  -  The company is confident it will stage a rebound this year, reports WINSTON CHAI WINSTON CHAI FUJI Xerox is banking on economic recovery and the growing trend towards print outsourcing to lift its Singapore profits back to boom times over next 12
      481 words
    • 579 35  -  Reports by EILEEN TAY A MOTION-sensing gaming device by homegrown tech startup Portege could be a cure for sore shoulders and strained eyes. The concept of the device which allows gamers to play games on a PC without a keyboard or mouse came from National University
      YEN MENG JIIN  -  579 words
    • 278 35 3D beyond the TV screens RIDING the stereoscopic 3D technology buzz, Miracube Technology has developed a range of 3D TV screens, notebook computers and photoframes. The company, part of Pavonine Korea Inc, has developed a technology where a 3D filter is integrated into the panel of the TV, and polarised
      YEN MENG JIIN  -  278 words
    • 777 35  -  Frost Sullivan expects 64% growth in Asia-Pac market By AMIT ROY CHOUDHURY WITH budgets strapped, large businesses are increasingly turning to video as an alternative to travel and this is good news for vendors like Cisco and Polycom which sell telepresence solutions. The Asia-Pacif-ic
      777 words
    • 233 35 Reuters [HELSINKI] Telecom operators are cooperating to halt extensive mobile spamming spreading from Asia to Europe and North America as this could hurt their brands and alienate subscribers. Telecom industry group GSMA yesterday unveiled a new spam reporting service, a worldwide centre of messaging
      Reuters  -  233 words
  • Page 35 Advertisements
    • 70 35 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 and a proven methodology. We provide businesses with one-stop shop service, from IT
      70 words

  • Page 36 Advertisements
    • 29 36 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. IPL SHOW AND SELL Tania’s the new face of Indian chess GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      29 words
    • 1226 36 HAW PAR CORPORATION LIMITED Company Registration Number: *****0437M (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-First Annual General Meeting of the Company will be held at 80 Raffles Place, 61st Storey, UOB Plaza 1, Singapore *****4 on Tuesday, 20 April
      1,226 words
    • 982 36 IN THE MATTER OF THE BUILDING MAINTENANCE AND STRATA MANAGEMENT ACT AND IN THE MATTER OF THE LAND TITLES (STRATA) ACT AND IN THE MATTER OF THE MANAGEMENT CORPORATION STRATA TITLE PLAN NO. 331 Notice is hereby given that at an Extraordinary General Meeting of this Management Corporation duly convened
      982 words

  • PROPERTY
    • 542 37 It will embark on plans to reduce home owners’ mortgage principal Reuters [WASHINGTON] Bank of America yesterday announced plans to start forgiving mortgage loan principal for troubled homeowners who owe more than 120 per cent of their home’s value or are battling ev-er-expanding
      Reuters; AFP  -  542 words
    • 340 37 Bloomberg [LOS ANGELES] Maguire Properties Inc, the largest office landlord in downtown Los Angeles, is in discussions to extend loans on buildings in Irvine and Glendale, California, CEO Nelson Rising said on Tuesday. The loan on a 150,000 square foot office building
      Bloomberg  -  340 words
    • 1016 38 Members-only online sales offer 20-60% off luxury hotels NYT AN ocean-view room at the Gansevoort Turks Caicos, normally US$460 a night, slashed to US$285. A fireplace room at the US$500-a-night Ventana Inn Spa in Big Sur, California, for US$315. A water villa at the Six Senses’
      NYT; FILE PHOTO  -  1,016 words
    • 587 39 It posts 7.1% drop in 2009 profit as higher expenses erode revenue gain Bloomberg [HONG KONG] Guangzhou R&F Properties Co, the biggest real estate company in the southern Chinese city, said that it is looking out for a mainland share sale after reporting a
      Bloomberg  -  587 words
    • 317 39  -  By FELDA CHAY MONGOLIA might not be the first name that pops to mind when it comes to luxury property investments, but one development there is already attracting keen interest from Singaporeans with about 80 enquiries ahead of its launch here this weekend. Called the
      317 words
    • 450 40  -  77% of total sales of $4.4b came from private market By TEH SHI NING THE investment sales market strengthened further in the first quarter of 2010, as robust sales of residential government land sale (GLS) sites showed developers’ hunger for land. Total
      450 words
    • 300 40  -  By FELDA CHAY WATERFRONT apartments at Reflections at Keppel Bay are riding high on the property wave, with 710 of the 740 units launched at the 99-year leasehold project already sold. At the latest launch at the weekend, 29 of 30
      300 words
    • 1460 40 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Emerald Gdn Apt 25/02/2010 999 829 1193 1440 People's Park Cplx Apt 01/03/2010 99
      1,460 words
  • Page 37 Advertisements
    • 231 37 KnightFrank.com.sg 12 BERRIMA VICINITY BUNGALOW FOR SALE Hilltop Residence with a Superb View!! Land 16,500 Built-Up 7,000sqft (approx.) Charming Colonial Style Bungalow (non-conservation) Flexibility of restoring or redeveloping to 3 plots Quiet ambience. Near Raffles Town Club Rarely available, an opportunity not to be missed!! Enquiries and viewings, please call:
      231 words
    • 368 37 Hilton NEW ZEALAND <SA Lake Taupo FREEHOLD APARTMENTS Managed by Hilton Worldwide Brand new and completed 180m 2 Freehold, fully furnished From NZ$695,000 to NZ$820,000 Guaranteed return for 2 years Owner receives 28 nights free (subject to minimal service fee) Strategically situated between Auckland and Wellington Taupo is world famous
      368 words

  • Page 38 Advertisements
    • 157 38 Holland £"**"1— L% *> r1 N m m KfH Estr^? B§i|fg > if-. BwJtl Ks ft' '> M y An exclusive collection of homes. Each a canvas for the expression of your individual lifestyle. Uniquely yours. Twenty-six modern luxury homes. Nineteen unique variations in size and layout. Choose from multiple
      157 words
    • 175 38 Bossanova Limited SEAFRONT A signature Capitaland Project Units #02-07 and #03-07, Seafront, Meyer Rd. 2,099 Sqft each. Ten minutes drive to CBD. Comparatively (to districts 9 and 10) little traffic in morning. Full spectacular Pool view will see pool like this (except 4th floor). You can talk to your children
      175 words
    • 88 38 MARINA BAY RESIDENCES Stack 10 20th fir up $3600 psf •31th fir up $4200 psf 40th fir up $4600 psf Stack 1 20th fir up $3400 psf •31th fir up $4000 psf •40th fir up $4300 psf Duplex Penthse 4500 sqft Ask $5200 psf 9329-9727 Newsman Realty Pte Ltd GOOD
      88 words

  • Page 39 Advertisements
    • 216 39 19,OOOsqft sprawling land 11,OOOsqft living space including 5 bedrooms ensuite, media room and wine cellar •Azure Lap pool centers large outdoor patio •Contemporary K2LD Design Outfitted with a Schuller Kitchen Master Bedroom overlooking Dramatic Greenery View Furnishings from renowned Italian Brands •Tranquil yet right in heart of Town Rustic and
      216 words
    • 185 39 adv Goodwood Residence Freehold In Prime District 10 The Most Exclusive Green Address In Singapore Foreigners Eligible Please Call For Priority Preview Now: 9699 9767 BRANDED RESIDENCES IN SENTOSA •Much awaited luxury residences in Sentosa Cove. •Only for the discerning 228 buyers. •2/3/4 bedrooms Penthouses. •Private spa pool and berthing
      185 words

  • Page 40 Advertisements
    • 126 40 KnightFrank.com.sg RAFFLES PARK BUNGALOW FOR SALE Hilltop Residence with a Panoramic View!! Land 10,000 Built-Up 5,000sqft (approx.) GCB zoning Close to amenities and elite schools Wide frontage and Freehold tenure ARDMORE II ARDMORE PARK Type: 4-bedroom, Freehold Strata Area: 2,023 sq ft High floor, NS facing THE SAIL MARINA BAY
      126 words

  • THE BUSINESS TIMES Property 2010
    • 398 1  -  Kalpana Rashiwala T HE property market has made a dramatic recovery over the past year. In the residential sector, prices of mass-market homes have even surpassed their 2007 peak. Expectations are running high that some time this year too the luxury segment will touch 2007 record highs.
      398 words
    • 1062 2  -  Developers shift focus to affordability, say NG WEI ENand CHUA CHOR HOON NG WEI EN,CHUA CHOR HOON Ng Wei En is research analyst and Chua Chor Hoon is head of research, South-east Asia, DTZ LAST year saw the second highest volume of private residential transactions
      FILE PHOTO; Source: MAS, DTZ Research  -  1,062 words
    • 1200 4  -  PETER OWand ONG KAH SENGexamine high-end residential properties that may see increasing buying interest from foreigners and locals PETER OW,ONG KAH SENG Peter Ow is managing director of residential services and Ong Kah Seng is manager of consultancy research at Knight Frank Pte Ltd THIS
      Source: URA, Knight Frank Research  -  1,200 words
    • 1250 5  -  DESMOND SIM says demand likely from financial, biomedical sectors DESMOND SIM The writer is associate director, research and consultancy, Jones Lang LaSalle THE leasing market for non-landed homes showed signs of recovery in the final quarter of 2009, going by Urban Redevelopment Authority numbers.
      Source: Jones Lang LaSalle Research, URA Realis – March 14, 2010  -  1,250 words
    • 1089 6  -  With relatively few landed home launches, buyers are always keen on older houses in the resale market, writes HAN HUAN MEI HAN HUAN MEI The writer is associate director, CBRE Research WHEN private home prices made their sterling recovery in the second half of 2009,
      FILE PHOTO  -  1,089 words
    • 1376 7  -  Short-term trading profits in real estate are not high, while the risks are considerable. DENNIS NG shows you the numbers DENNIS NG Dennis Ng is an accountant by training with 17 years of bank lending experience. He founded http://www.HousingLoanSG.com, a mortgage consultancy, in 2003.
      1,376 words
    • 1340 8  -  The market is likely to chalk up more than $200 million worth of transactions this year, says GRACE NG GRACE NG Grace Ng is deputy managing director (agency business services) and auctioneer, Colliers International IT was a stellar year for auctions last year
      1,340 words
    • 1547 9  -  EUGENE LIM reckons the current huge base of upgraders, downgraders and PRs is likely to grow and prop up demand for resale HDB flats EUGENE LIM The writer is associate director, ERA Asia Pacific THE HDB resale market has been sizzling of late. In
      1,547 words
    • 646 10/11 CURRENT MAJOR PROJECTS NO PROJECT TENURE DISTRICT DEVELOPER LOCATION TOTAL Altez 99 02 Far East Organization Enggor Street 280 Ascentia Sky 99 03 WingTai Asia Alexandra View 373 The Interlace 99 05 CapitaLand Hotel Properties Alexandra Road 1040 The Vision 99 05 Cheung Kong
      646 words
    • 1587 12  -  HDB offers a range of lifestyle options for the majority of the population. ADAM TANexplores the new public housing landscape ADAM TAN The writer is corporate communications manager, PropNex Realty Pte Ltd IF the Resale Price Index (RPI) released by the Housing Development Board (HDB) is
      HDB  -  1,587 words
    • 1277 14  -  Space planning is paramount, Axis ID boss William Ong tells KALPANA RASHIWALA KALPANA RASHIWALA “A LOT of people don’t understand that you can still make a small apartment feel comfortable if you do not put in the wrong things. Space planning
      ARTHUR LEE  -  1,277 words
    • 995 14  -  Collective sales of such properties tend to be slow By KARAMJIT SINGH PAMELA KOW Karamjit Singh is managing director and Pamela Kow is senior manager of Credo Real Estate SINCE the phenomenon of collective sales started in 1994, there have been over 400
      995 words
    • 1058 15  -  Singapore set to emerge as premier gateway city in region, say JUNE CHUAand CHRISTINE SUN JUNE CHUA ,CHRISTINE SUN June Chua is director, commercial leasing, and Christine Sun is senior manager, research consultancy, Savills (Singapore) Pte Ltd ONE year into the global financial crisis that almost brought
      ARTHUR LEE; Source: Savills Research & Consultancy  -  1,058 words
    • 1192 16  -  Market may not have rebounded to levels seen elsewhere but it posted a decent performance in 2009, reports PAULINE NG PAULINE NG IT may have been counter-intuitive, but 2009 proved to be a good year for Malaysian developers, the recession notwithstanding. The property market may
      Source: Jones Lang Wootton Research; ISKANDAR HARTA HOLDINGS  -  1,192 words
    • 1155 18  -  NEIL BEHRMANN observes that prime real estate in London outperforms the rest of the country NEIL BEHRMANN THE UK residential property sector has become a two-tier market. Prime real estate in London and the stockbroker belt have outperformed the rest of the country
      BLOOMBERG; Source: Land Registry Report (UK)  -  1,155 words
    • 617 19  -  The nation avoided the recession that hit most developed countries, says DANIEL BOMAN DANIEL BOMAN Daniel Boman is research manager at DTZ Australia AUSTRALIAN residential property prices have been quick to return to growth after the global financial crisis, underpinned by a strong economy and
      BLOOMBERG; Source: DTZ Research, Australian Bureau of Statistics  -  617 words
  • Page 1 Advertisements
    • 222 1 CONTENTS Reigniting hot spots in the luxury market PAGE 4 New engines drive expat rental hubs PAGE 5 Landed homes: Lure of scarcity PAGE 6 Clinching the smartest home loan deals PAGE 7 HDB market PAGES 9 12 Mixed developments: New en bloc carrots needed? PAGES 14 Interior design firm
      222 words

  • Page 2 Advertisements
    • 156 2 PuraV da DISCOVER PURITY j n V Water Consumption: 4.26 litres/min Type of Product: Basin Taps Brand: Hansgrohe Model: PuraVida S.L basin mixer #***** Reg no.:BST-2009/*****5 Experience PuraVida on www.hansgrohe.com.sg PuraVida. White and Chrome. Poetic pureness and clarity of form. Pure! Serene. Sensual. Alive. We value water: With Hansgrohe EcoSmart
      156 words
    • 234 2 JO KADEKA JAPAN A Reflection of Your Impeccable Taste i 'to no *4 Cr V II Excellent Wine Storage Solutions for Wine Aficionados... The journey of the best premium wines often ends in a highly regarded Kadeka wine chiller. Each impeccably designed with tasteful features such as precise temperature control,
      234 words

  • Page 3 Advertisements
    • 347 3 MARINA BAY FINANCIAL CENTRE ASIA'S BEST BUSINESS ADDRESS™ Taking centre stage in the heart of Marina Bay, Singapore's magnificent new downtown, is Marina Bay Financial Centre. Designed to realise Singapore's vision of a global financial hub, the purpose-built integrated financial centre spanning 3.55 hectares strikes a formidable presence with three
      347 words

  • Page 4 Advertisements
    • 97 4 OCBC Mortgage Blueprint ■//A i m m //a mm. o, I Vi It's our pleasure to make your dream home a reality with ease. The OCBC Mortgage Blueprint strives to deliver more than a home loan right from the start. Benefit from: •A comprehensive suite of home financing solutions. •A
      97 words

  • Page 5 Advertisements
    • 287 5 Meadows @Peirce Eco-Luxury Residences A rare opportunity in today's rising market. Freehold living in lush surroundings from $710 psf. i-: 1 V V- m m 0<"V ti VV m <#BS w* W m 9% v 3 f. <4 i flit 1 -4*31® IK"* hi. XR 3 > 1. Unique mix
      287 words

  • Page 6 Advertisements
    • 344 6 We prize the trust our clients place in us. It's why we've assembled a portfolio of Services and Service that is 'first in class', that will fully support any development requirement. Services From Investment Advisory, Business Space, Retail and Residential Agency, Valuation to Property and Hospitality Management, whether Integrated or
      344 words

  • Page 7 Advertisements
    • 286 7 £>iV 1 "Q"' 4 WAT E R SCAPE AT CAVENAGH THE WATER COURT FREEHOLD The WATERSCAPE Collection I THE SPA SANCTUARY I THE NATURE TRAIL y-i! *?■•> ,S»W 'Pk*' v? *8? \D Mm Jtj «s SsS s m®. -Ull -,v' tM v ISi SM 4, *> L_ Jfe Ps§ "Ti
      286 words

  • Page 8 Advertisements
    • 154 8 0 J ARE YOU paying too much FOR YOUR housing loans? Are you aware current interest rates are as low as 0.92%? Do you know you can unlock cash of your property without selling your property? Do you know your property capital gains could be taxable and how to effectively
      154 words
    • 288 8 L: im 11DTDHH1 Mil. T nn im. <i urnm g ■niKsr< ra "III t PropNex c i PropNex PropNex r n ii SINGCAPITAL PropNex Property Managem I I- i i •J M-..I 1 J I I "Vi 1 LD Opening Doors In Diverse Sectors P N Holdings' diverse range of
      288 words

  • Page 9 Advertisements
    • 178 9 Your doorway to .>•. .-■-.v.. m tC BR a* m mm &H m m ;5 -'w-f SsSfe* THE OLIV BALMORAL Daringly designed for urbanites who prefer not to toe the line. A stunning masterpiece by award winning architect, W Architects. For more info, visit www.tgdevelopment.com.sg P II ■.m •A m
      178 words

  • Page 10/11 Advertisements
    • 112 10/11 THE MOST COVETED ADDRESSES WE GET YOU THERE. At Knight Frank, we understand that dealing with top-end real estate involves heightened levels of diligence, discernment and discretion. That is why every member of our Regal Homes team is an experienced specialist in premium property transactions, a partner who personally attends
      112 words

  • Page 12 Advertisements
    • 363 12 A.. a A c e> s A a o ■l 1HS v.— BE 4^*. iV- 'ii jl lie §<*- ijt &5s~: WAPPING 2^m\ LONDON E1 *ViX rz "K* W •> A >JSJ i£,*V \--yr T. -*3i-4 .31* ,WL i.-i :S:" ■:;:gSi 2-i-Kfc?S -T- *i MUMi K •n •wft*Nfa»«»r" .%-r BqggggStA.?2
      363 words

  • Page 13 Advertisements
    • 1027 13 Advertising Feature Expanding your Business across the Causeway with Iskandar Investment ISKANDAR MALAYSIA All-in-one overseas investment package for your first international venture in Iskandar Malaysia Iskandar Malaysia is the best choice for companies to expand business abroad in a familiar and growing market, where many of the high-end homes in
      1,027 words

  • Page 14 Advertisements
    • 274 14 mm STARTS THIS [VJI1N17TT C]VT A DT Investment TM k3lTlrVIVX International Property Expo LOCAL OVERSEAS PROPERTY STOCKS FUNDS ALTERNATIVE INVESTMENT 27 28 March 2010 10am 7pm Hall 401, SUNTEC Singapore International Convention Exhibition Centre Property Investment Panel by PropertyGuru Practical Tips from Real Investors ¥1 Dillon Loi Collective Sales Enbloc
      274 words

  • Page 15 Advertisements
    • 135 15 NGOLIA INTERNATIONAL PROPERTY EXHIBITION TlTTl >5( M m .*> C V •V f w t* d A3\ ?js*c v» •>»« ■,t--4k v. .1 •A wP.> UT' ■•<■%> >'?• Dl IE EXCITING RLDtOF PROPERTY INVESTMENTS IN MONGOLIA n i ''II l! 1 Ml i »> i !l! 6 It a H
      135 words

  • Page 16 Advertisements
    • 319 16 n i-i. flfe* m iiP -Jy,7 S' F|T i? The International Mortgage Service makes owning a property abroad a reality. So if you're looking for a holiday home in the sun or an investment opportunity our award winning service can help. Mortgages offered in 11 different countries including Great Britain,
      319 words

  • Page 17 Advertisements
    • 1266 17 ADVERTISING FEATURE JOHOR ISKAftsDAR MALAYSIA Johor .Bahru SINGAPORE PENINSULA MALAYSIA Newcastle Nu f a ji v. University N u bAJAY> RAMSAR SITE SUNGAI PULAI JOHOR -BAHRU To Senai Airport m Z </> O tesco JUST) V > z ■< rAFIAT HEALTHPARK TF F, <•« COI.UMBIAASIA X Johor f 1 Bahru
      1,266 words

  • Page 18 Advertisements
    • 139 18 i t 0 A WINDOW ONTO HISTORY 9 LUXURY APARTMENTS THE WESTmmSTER London SW1 Actual view from The Westminster l .v'o :Jli fFU 1 rr r m m&r, v P w v r TUa a 1 4 An exclusive development of 9 luxury apartments built on the site of a
      139 words
    • 353 18 ADVERTISEMENT SETIA BUSINESS PARK -•v- m... 11 t: 3* »n 35 «*V' Freehold Business Space in Iskandar Malaysia from $70 psf for light medium industries seeking to enjoy lower operating costs. Setia Business Park is a 183-acre development within Iskandar Malaysia, the new economic rapid growth region in Johor, Malaysia.
      353 words

  • Page 19 Advertisements
    • 210 19 Owning our home just got easier powered by Citi M A ml i < 4 > i y wjf, •J V jgSj Your goals. Your success. With Citibank, you'll get home loans designed around your needs. Whether you're financing your local or overseas home, you'll enjoy attractive interest rates and
      210 words

  • Page 20 Advertisements
    • 356 20 Jtl 3 jt-—■ r-r fT I"" 1 1 JJj >±^ A L J* 1 irrTT rr i rrr s i-4 rrr prn r~n n rrr L LM m ft _i3 —II ill I l! I Hi asij V n \t Ui SEQll Mtl -~^s [1 LI UJ —-J I—p U]
      356 words

  • Page 21 Advertisements
    • 22 21 8 *****1 *****4 THE BUSINESS TIMES sn.oo online at http://www.businesstimes.com.sg S|5l A SINGAPORE PRESS HOLDINGS PUBLICATION co REGN NO *****2868E MICA(P) 123/08/2009
      22 words

  • Page 22 Advertisements
    • 130 22 FINALLY, A BUILDING THAT PUTSTHE SINGLE MOST IMPORTANT THING AT THE VERY HEART OF ITS DESIGN. PEOPLE. Imagine a building that's not only a better place to work, but is better for you. Introducing Asia Square. Everything here offers a better human experience to work, live and play. Behind the
      130 words