The Business Times, 9 September 2010
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2010-09-09
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The Business Times
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Title Section23 2010-09-09 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, September 9,201023 words
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Article, Illustration722 2010-09-09 1 It says that Hurd could reveal its trade secrets as he joins rival Oracle NYT [SAN FRANCISCO] HewlettPackard’s (HP) tumultuous break-up with its former chief executive Mark Hurd may soon warrant its own reality TV show. The latest instalment arrived on Tuesday,NYT; AP FILE PHOTO - 722 words
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Article140 2010-09-09 1 ST INDEX 3,011.42 (-24.67) ST INDEX FUTURES 3,012 (-20) SIMSCI 356.35 (-2.76) SIMSCI FUTURES 357.00 (-0.80) FOREX US$ S$ US$ (S$ per US$) 1.345 (US$/S$ per 1.545 2.078 EURO (US$/S$/E) 1.269 1.706 Foreign currency per US$ S$ YEN 83.70 62.20 RM 3.114 2.316 HK$ 7.771 5.778 BAHT 31.02140 words
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Article, Illustration920 2010-09-09 1 KALPANA RASHIWALA, EMILYN YAP; Siow Li Sen - First-day sales at NV Residences hit slightly; some banks see drop in loan applications By KALPANA RASHIWALA, EMILYN YAP With additional reporting by Siow Li Sen Siow Li Sen [SINGAPORE] The chill from the property cooling measures is making itself felt. It has920 words
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Advertisement59 2010-09-09 1 BizIT Electronic flip may slow chip uptick PAGE 28 PROPERTY Export city planning skills: ex-URA chief ENTERPRISE 50 Strategic alliances pay off for IPS PAGE 11 FESTIVALS AROUND THE WORLD Merriment at Notting Hill PAGE PAGE 32 In partnership with PATRIMONIO MUNDIAL WO R LD HERITAGE•PATRIMOINEMONDIAL• World Heritage Centre United59 words
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TOP STORIES
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634 2010-09-09 2 LYNETTE KHOO - Many firms here resorting to temporary, contract staff to plug gap By LYNETTE KHOO [SINGAPORE] The talent crunch in the finance and accounting sector has caused more companies to seek temporary or contract staff to plug the gap, the latest joint survey by634 words
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Article, Illustration490 2010-09-09 2 ANTHONY ROWLEY - By ANTHONY ROWLEY AN INCIDENT in which Japanese Coastguard vessels chased a Chinese fishing boat in Japanese territorial waters resulting in a collision and the arrest of the Chinese boat’s captain has rekindled diplomatic tension between the two countries. The incident which happenedAP - 490 words
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402 2010-09-09 2 AFP [SYDNEY] Australia’s first woman prime minister Julia Gillard used “electoral bribes” to claw her way back into power with the support of independent MPs, media said yesterday. “The Big Steal” roared the front page of Rupert Murdoch’s Daily Telegraph, alongside aAFP - 402 words
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Article500 2010-09-09 2 New project hints at impact of cooling THE chill from the property cooling measures is making itself felt. It has touched bank loans and even had some impact on the first major residential project to be released since Aug 30, when the measures were announced. At the preview500 words
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Article, Illustration423 2010-09-09 4 CONRAD TAN - Top execs said to be planning a move if govt orders the bank’s break-up By CONRAD TAN [SINGAPORE] Senior executives at British bank Barclays have discussed contingency plans to move its headquarters to New York or Singapore, if its home regulators force theAP - 423 words
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Article, Illustration468 2010-09-09 4 LEE U-WEN - By LEE U-WEN AFTER stamping its mark on western China over the last four years, Singapore’s leading life insurance group Great Eastern Life now wants a greater footprint in the country by expanding across the central and eastern regions. It openedHO PENG YEW/LIANHE ZAOBAO - 468 words
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508 2010-09-09 4 CHEN HUIFEN - By CHEN HUIFEN [SINGAPORE] Gym trainers without the appropriate qualifications will no longer be able to call themselves physiotherapists, if a bill proposed by the Ministry of Health (MOH) gets passed into law sometime next year. The ministry is inviting public feedback508 words
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Advertisement234 2010-09-09 3 FREEHOLD My dream, home is in a garden, surrounded by fLowers and greenery... a fresh scent In the morning always. and cooi waters In my stey sanctuary sww .< km 7 «r .c' > :v?v 'r? firs V\N V*T y$ > MP* r v 2* 7 v L. tJ PV234 words
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Advertisement149 2010-09-09 4 Human Resource Strategy In Transforming Organisations Asia 5-day Forum: Realise your strategic vision 11 15 October 2010 Increase your individual worth and the value of your department by aligning HR strategies with business objectives. Lynda Gratton Programme Director and Professor of Management Practice "As the business world's centre of gravity149 words
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Advertisement8 2010-09-09 4 Diamond as Barclays CEO draws criticism, Page 188 words
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Advertisement86 2010-09-09 4 Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. W Hong Kong Mei-Xin Mooncakes Best Selling Mooncake Brand j f in Hong Kong for 7 //tW 12 Consecutive Years* A x„ M:_I i 1/ Rfl V* 1 M I *According86 words
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Advertisement107 2010-09-09 5 Panthere High Jewellery Ring CART IE R ACQUIRED IN 2004 by Mrs Marisa Wee, Lawyer I X 7 1 *9 iS f K v,.. F 1 L-'v WA M !*•> ■> H: Some relationships are timeless. S.C. Shopping Centre ALFRED DUNHILL BERLUTI BURBERRY CARTIER CELINE CHANEL CHANEL WATCH AND JEWELLERY107 words
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COMPANY NEWS
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444 2010-09-09 6 LYNETTE KHOO - Strong demand pushes them 6.9% higher from IPO price of NT$18.80 HOT STOCKS By LYNETTE KHOO YANGZIJIANG Shipbuilding enjoyed rousing reception at its debut on the Taiwan bourse yesterday on keen interest among investors to buy into the first Chinese mainland company to list in444 words
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Article373 2010-09-09 6 JAMIE LEE - Sports apparel firm secures orders worth about 1 b yuan at a trade fair By JAMIE LEE SHARES of China Hongxing Sports which have been in active play in recent weeks surged as much as 10.8 per cent yesterday. This was before the company said in373 words
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699 2010-09-09 6 RONNIE LIM - HOCK LOCK SIEW By RONNIE LIM WITH its latest acquisition of two more Indonesian oil-and-gas (O&G) assets which also give it its first producing fields exploration and production (E&P) newbie RH Petrogas (RHP) is starting to make inroads into the oil-and-gas business. “It’s699 words
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350 2010-09-09 7 JAMIE LEE - Several constituent changes were made for sector indices By JAMIE LEE THE list of 30 stocks that make up the Straits Times Index (STI) stays intact following a half-yearly review. This was jointly announced by Singapore Press Holdings, Singapore Exchange and FTSE350 words
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549 2010-09-09 7 Demand still strong, other issuers won’t be deterred Reuters [HONG KONG] New bonds issued by DBS Group Holdings Ltd slipped on their Asian debut yesterday, while sovereign debt from the Philippines and Indonesia also fell, tracking a weak broader market on renewedReuters - 549 words
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422 2010-09-09 7 Bloomberg [HONG KONG] The market value of emerging-market stocks may surge more than fivefold to US$80 trillion in two decades, overtaking developed nations, as China becomes the world’s largest stock market, Goldman Sachs Group Inc said. Faster economic expansion and growingBloomberg - 422 words
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213 2010-09-09 7 Reuters [BOSTON] The global hedge fund industry shrivelled a little more in July when investors pulled out nearly US$3 billion after the loosely regulated portfolios posted losses in May and June, researchers reported on Tuesday. Assets stood at US$1.53 trillion, their lowest levelReuters - 213 words
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Article, Illustration386 2010-09-09 9 NISHA RAMCHANDANI - Research firm cites market saturation and previous failed Virgin venture By NISHA RAMCHANDANI DESPITE the local authorities opening the door for a fourth telecommunications operator, Citi Investment Research does not expect a new entrant to join the fray. “While the door mayBLOOMBERG - 386 words
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Article114 2010-09-09 9 Reuters [HONG KONG] Australian telecommunications company SingTel Optus Pty Ltd plans a benchmark-sized, eurodenominated bond issue due in 10 years, a source close to the deal said yesterday. The bond was likely to be priced as early as yesterday, the source said. The company earlier metReuters - 114 words
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COMPANY BRIEFS
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85 2010-09-09 9 PACIFIC Healthcare Holdings has agreed to sell 62 million shares representing a 14.9 per cent stake in its enlarged share capital to investment holding company Affluent Healthcare Holdings at 11 cents each. It expects net proceeds of $6.65 million to fund future expansion. The private85 words
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143 2010-09-09 9 8Telecom International Holdings, a manufacturer and solutions provider of telecommunication infrastructures and property developer in China, has secured a 20.0 million yuan (S$4 million) contract to supply 80 telescopic towers to China Mobile Group Hubei Company Ltd. The contract is expected to be completed by143 words
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86 2010-09-09 9 KARIN Technology Holdings, an IT and components solutions and services provider in Hong Kong and China, said that its wholly owned subsidiary Compucon Computers Ltd has been appointed by Imation Corporation to distribute Imation’s DVR products in Hong Kong and Macau. Imation is86 words
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266 2010-09-09 9 Bloomberg [SYDNEY] SingTel Optus Pty Ltd misled Australians with advertisements touting the company’s broadband speeds and data plans, the Australian Competition and Consumer Commission (ACCC) said. The commission sued SingTel Optus, a unit of South-east Asia’s biggest phone operator Singapore Telecommunications, in the FederalBloomberg - 266 words
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Advertisement633 2010-09-09 6 At work or play, the spirit of sartorial exploration is nowhere more evident than it is at Paragon. As the definitive showcase for men's fall winter collections from iconic global brands, we bring a sophisticated sense of style for the cultured, well-travelled gentleman who is accustomed to quiet luxuries and633 words
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Advertisement483 2010-09-09 7 Enjoy 0.5% p.a. bonus interest on your savings for 6 months*. •Top-up minimum S$25,000 in fresh funds from now till 30 September 2010 to qualify. Your funds are held in a Multi Currency Savings Account allowing greater flexibility and access. As an HSBC Premier customer, you can be confident that483 words
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SINGAPORE MARKETS
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Article, Illustration574 2010-09-09 8 R SIVANITHY - Blue chips spend all day in the red with the STI finishing a net 24.67 points lower, but broad market remains firm STOCKS R SIVANITHY Senior Correspondent BETTING on the Straits Times Index rising in tandem with Wall Street the latter because of aSource: Bloomberg - 574 words
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Article66 2010-09-09 8 Sep 8 VALUE CLOSE BT OB/OS 365.00 +84.00 BT CADI -*****.00 +68.00 BT 10-day MA -*****.00 +37.00 FTSE ST Mid Cap 742.33 +0.19 FTSE ST Small Cap 550.30 +7.25 FTSE ST All Share 743.88 -4.23 FTSE ST China Top 273.85 +2.33 FTSE ST China 304.97 +1.02 FTSE66 words
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Article186 2010-09-09 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 4 0 0 0 5 6 4 Manufacturing 79 36 63 6 5 14 85 41 77 Commerce 17 20 33 2 3 6 19 23 39 Tpt/Stor/Comms 12 11 17186 words
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Article121 2010-09-09 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 35,195 35,195 35,274 35,274 Manufacturing 635,563 33,516 669,079 272,414 5,483 277,897 Commerce 99,571 36,105 135,676 107,922 6,795 114,717 Tpt/Stor/Comms 74,539 300 74,839 127,649 37 127,686 Finance 11,088 11,088 91,942 91,942 Construction 21,722 52,225 73,947 5,092121 words
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Article109 2010-09-09 8 Stock name Close Change Stock name Close Change CapMallsAsia 2.200 -0.050 CapitaLand 3.940 -0.060 CapitaMall 1.980 -0.020 CityDev 11.680 -0.020 ComfortDelGro 1.530 DBS Grp 14.120 -0.140 F&N 5.780 +0.030 Genting SP 1.820 +0.010 Golden Agri 0.580 -0.005 HK Land 5.600 -0.020 JMH 42.960 -0.340 JSH 24.640109 words
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Article, Illustration474 2010-09-09 8 CURRENCIES Reuters [LONDON] The yen struck a fresh 15-year high against the US dollar and the Swiss franc hit an all-time peak versus the euro yesterday as a flare-up in worries over eurozone banks and sovereign debt led investors into safe havens. PersistentReuters; REUTERS - 474 words
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Article58 2010-09-09 8 VOLUME Genting SP 148,920,000 China Hongxing 112,966,000 *Genting HK US$ 90,874,000 Transcu Grp 63,176,000 ChinaSports 58,494,000 Synear 44,056,000 Sapphire 43,960,000 Hisaka 35,407,000 Z-Obee Hldgs 29,200,000 Juken Tech 25,970,000 VALUE($) Genting SP 272,693,660 *Genting HK US$ 52,488,629 Yangzijiang 37,754,590 SingTel 30,184,410 NOL 29,124,410 CapitaLand 28,881,290 DBS Grp 26,557,34058 words
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Article110 2010-09-09 8 BY CENTS CLOSE UP DBXT AUD Bonds 5AU$ ***** 461.8 2.5 GLD 10US$ ***** 137.1 0.8 DBXT MSEurope 10US$ 4035 78.0 1.5 Lyxor Europe 10 US$ 1177 76.6 5.1 DBXT S&P Short 10US$ 5273 45.7 0.6 DBXT MSINDO 10us$ 1332 43.0 2.5 DBXT AUDMM 5SG$ ***** 16.0 0.1 APStrategic110 words
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Article124 2010-09-09 8 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 3850-217.8 -4.0 JSH 2464 -64.5 -1.9 DBXT Nifty 10US$ ***** -53.8 -0.3 JMH 4296 -45.7 -0.8 Jardine C&C 3548 -36.0 -1.0 Lyxor China H 10US$ 1528 -24.2 -1.2 DBXT MSAsExJp 10US$ 2922 -22.9 -0.6 DBXT MSTaiwan 10US$ 1605 -21.5 -1.0 OCBC Bk124 words
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Article87 2010-09-09 8 Where S$ stands Sep 8 CHNG YR 2010 CLOSE FR Sep 7 S$ LOW S$ HIGH US$ 1.3460 0.16 1.4219 1.3450 Euro 1.7062 0.85 2.0153 1.6886 Pounds 2.0778 -0.31 2.2831 2.0003 A$ 1.2306 -0.29 1.2960 1.1515 Yen* 1.6061 -0.02 1.6080 1.4467 Rupiah* 0.***** 0.06 0.***** 0.***** Baht* 4.3384 -0.3287 words
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Advertisement146 2010-09-09 8 v. When every second counts, you can count on SMX and its technology partners. It's about time. FFastFill 03C patsystems RTS SingTel starHub Bloomberg THOMSON REUTERSBacked by the most trusted names in the financial technology world, Singapore Mercantile Exchange ensures investors of speed and robustness for all their electronic transactions.146 words
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Advertisement137 2010-09-09 9 1 dervvt dAWL ut (A/vJi^Mi\ A The Continental Supersports. The fastest, most powerful Bentley cars ever. It is a blistering contention between two of Bentley's most extreme supcrcars. Merging the unbeatable luxury of Bentley design with exhilarating performance, the Continental Supersports promises highly thrilling driving experiences. Feel the power of137 words
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SINGAPORE NEWS
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224 2010-09-09 10 CHRISTOPHER Chia will step down as chief executive of the Media Development Authority (MDA) but continue in the Ministry of Information, Communication and the Arts (MICA) as a senior adviser, MDA said yesterday. Aubeck Kam will join MDA as chief executive (designate)224 words
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450 2010-09-09 10 RONNIE LIM - Cooler weather may also have led to fall in demand since June, say officials By RONNIE LIM MIRRORING signs of a sec-ond-half slowdown in the economy here, Singapore’s electricity demand started slipping in June, with the slide continuing through July and August, Energy450 words
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Article, Illustration349 2010-09-09 10 A TONGUE-IN-CHEEK advert showing an orangutan posing as a teacher in class took the Grand Prix at this year’s SPH Ink Awards, which honours Singapore’s best in print advertising. Grey Group’s maiden win with the tagline “A Learning Experience Beyond The349 words
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367 2010-09-09 10 Many firms feel insurance coverage is enough to mitigate travel risk ASIA-PACIFIC companies do not do enough to protect their employees on work-re-lated travel, according to a survey. About 165 companies, some Fortune 500 organisations and others with a presence in South-east Asia, were367 words
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303 2010-09-09 10 CERTIFICATE of Entitlement premiums rose across the board yesterday, with most dealers attributing the rise to a longer break between bidding exercises. Yesterday’s tender for COEs the first this month took place three weeks after the previous tender instead of the usual two weeks,303 words
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347 2010-09-09 10 LYNN KAN - By LYNN KAN AUCTION figures from Colliers International suggest buyers backed off during the Hungry Ghost Month this year. Only three properties none of them residential sold at auction, fetching a total of $5.23 million. In contrast, 14 transactions worth $25.92 million347 words
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484 2010-09-09 10 LEE U-WEN - By LEE U-WEN THERE is much scope for Singapore and China’s Hunan province to work together even as both sides continue to get a better feel of each other’s needs and abilities, Prime Minister Lee Hsien Loong said yesterday. Apart from the484 words
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Article, Illustration808 2010-09-09 11 CHAN MEIXUAN, CHAN ZHI HUNG,LU CHUANYUE - There is a vital thread that runs through the transformation of IPS into a conglomerate, report CHAN MEIXUAN, CHAN ZHI HUNG and LU CHUANYUE CHAN MEIXUAN, CHAN ZHI HUNG ,LU CHUANYUE The writers are students of NUS Business School PARTNERSHIPS are akin to marriages808 words
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Advertisement241 2010-09-09 10 NOTICES IINN THEMATTEROFTHECOMPANIES ACTCAP50 AND IN THE MATTER OF ENGGEKINVESTMENT(PTE) (In Members VVoluntaryLiquidation) Co. Reg. No. *****2360E NOTICE OF RESOLUTIONS tA t At anExtraordinar GeneralMeeting themembers abovenamedCompany dulyconvenedandheld 2.30p.m. 5000L Marine Parade Road #04-49 Lagoon iew Singapore*****3,on nd day September 2010, the following Resolutions set out below were duly passes:241 words
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Advertisement166 2010-09-09 10 How to run a business without running out of ideas. SME TXBLSMSSTNB TRY, TRY AGAIN ENTREPRENEURS WHO ROSE FROM SETBACKS Q/ U SPRING 13 yr.q.lporc I July/August issue out now! Did you know that for every successful business, there are approximately 99 or more that failed? If a business is166 words
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Advertisement147 2010-09-09 11 Celebrating Singapore´s Enterprising Spirit 2010 This series is part of the Enterprise 50 Educational Project between the E50 partners and the NUS Business School. IPS was among the E50 winners in 2009. The annual E50 ranking is co-organised by The Business Times and KPMG, sponsored by OCBC Bank, and supported147 words
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Advertisement56 2010-09-09 11 SINGAPORE PREVIEW FEATURING MODERN AND CONTEMPORARY SOUTHEAST ASIAN PAINTINGS, CONTEMPORARY ASIAN ART, 20TH CENTURY CHINESE ART, JEWELLERY AND WATCHES 11AM-6:30PM 10-11 SEPTEMBER I THE REGENT SINGAPORE Sotheby's Hong Kong Autumn Sales 2010 /At AUCTION IN HONG KONG 2-8 OCTOBER HONG KONG CONVENTION AND EXHIBITION CENTRE ENQUIRIES SINGAPORE +65 6732 823956 words
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FESTIVALS AROUND THE WORLD
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Article, Illustration962 2010-09-09 12 ALEXANDER LEE - London’s Notting Hill Carnival, which began in the 1960s as a celebration of Caribbean culture, has evolved into Europe’s largest street party. By ALEXANDER LEE By ALEXANDER LEE The writer is a finance professional based in London NOTTING Hill entered the greater public consciousness in 1999AP PHOTOS - 962 words
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Advertisement172 2010-09-09 12 NOW DEFINING GLOBAL LIVING IN BANGKOK 14m ASCOTT THE RESIDENCE SOMERSET SERVICED RESIDENCE Citadines APART'HOTEL ENJOY BEST AVAILABLE RATES FROM THB 1,725 PER NIGHT* Discover vibrant living in the heart of Bangkok and enjoy year-round Best Available Rates when you stay at our Ascott, Somerset and Citadines serviced residences. Whether172 words
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Advertisement12 2010-09-09 12 Brought to you by Ascott This series is brought to you by12 words
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MALAYSIA/INDONESIA
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Article, Illustration452 2010-09-09 13 Eid al-Fitr is expected to fall either today or tomorrow AP [JAKARTA] Millions of Indonesians crammed into trains, ferries and, in greater numbers than ever, motorcycles, as they poured out of major cities to return to their hometowns and villages to celebrate the endAP - 452 words
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316 2010-09-09 13 AFP [KUALA LUMPUR] Malaysian prosecutors said yesterday they will seek a tougher sentence against wildlife trafficker Anson Wong, whose six-month jail term for smuggling snakes has been sharply criticised. Wong, nicknamed the “Lizard King” and described as one of the world’s most-wanted traffickers, wasAFP - 316 words
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408 2010-09-09 13 Reuters [JAKARTA] Indonesia could import up to 400,000 tonnes of white sugar for 2011 to make up for reduced production after prolonged heavy rain, and the government was expected to decide volumes later yesterday, officials and traders said. Expected imports by South-eastReuters - 408 words
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Advertisement516 2010-09-09 13 Be surprised by money. Receive free money* with CIMB Max InvestSave. Life is not a 3 to 5 year deal it requires planning. That's why it's smarter to maximise your wealth with the CIMB Max InvestSave Structured Deposit. Unlike traditional investments, not only does the CIMB Max InvestSave guarantee the516 words
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ECONOMY WATCH
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Article, Illustration396 2010-09-09 14 Economy is cooling after expanding the fastest in 2 decades in Q2 Bloomberg [FRANKFURT] German exports fell in July as the global recovery lost momentum. Sales abroad, adjusted for working days and seasonal changes, declined 1.5 per cent from June, when theyBloomberg; AFP - 396 words
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424 2010-09-09 14 No brutal austerity needed except in Greece, says ECB’s Quaden Reuters [BRUSSELS] Deflation in the eurozone is as unlikely as strong inflation, European Central Bank governing council member Guy Quaden said in a joint newspaper interview published yesterday. Asked whether financial markets, withReuters - 424 words
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455 2010-09-09 14 The Indonesian central bank had planned to issue 12-month SBI paper in September. Reuters [JAKARTA] Indonesia’s central bank has delayed the issue of its new 12-month SBI debt because it sees market players needing more time to shift to longer maturities and toReuters - 455 words
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343 2010-09-09 14 Reuters [BUDAPEST] The European Union will prolong the global downturn if policymakers in the bloc’s big economies insist on austerity measures to cut budget deficits, Nobel Prize winning economist Joseph Stiglitz said on Tuesday. Prof Stiglitz, winner of the Nobel PrizeReuters - 343 words
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Page 14 Advertisements
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Advertisement693 2010-09-09 14 >/y/'7 JACKPOT n V CO CO TODAY Sales close at 6pm Draw at 6.30pm at PoINo For details, visit www.singaporepools.com.sg Towards Community Purpose and Benefit SINGAPORE m BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VICMARK TRADINGS693 words
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Advertisement371 2010-09-09 14 AREIF (SINGAPORE I) PTE. LTD. (Company Registration No. *****2770D) (Incorporated in the Republic of Singapore) NOTICE TO BONDHOLDERS Trust Deed dated 20 February 2008 (the ~Trust Deed~) Between (1) AREIF (Singapore I) Pte. Ltd. (the ~Company~); (2) British and Malayan Trustees Limited, as bonds trustee (the ~Bonds Trustee~); and (3)371 words
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Advertisement223 2010-09-09 14 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF TWLT (ASIA) MANAGEMENT SERVICES PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO. *****3134G) Notice is hereby given that pursuant to Section 308 of the Companies Act (Cap.50), the final general meeting of the Company will223 words
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GREATER CHINA
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Article, Illustration641 2010-09-09 15 Rolling blackouts follow setback in country’s energy efficiency campaign AP [BEIJING] Chinese steel mills and mobile phone factories are being idled and thousands of homes in one area are doing without electricity as local governments order power cuts to meet energy-saving targetsAP - 641 words
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Article, Illustration371 2010-09-09 15 Bloomberg [BEIJING] Nissan Motor plans to introduce a new passenger-car brand in the Chinese market with its local partner to help meet demand for cheaper models. The Japanese company and Wuhan, Hubei-based Dongfeng Motor Group will jointly produce and sell cars under theBloomberg; REUTERS - 371 words
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423 2010-09-09 15 AFP [TOKYO] China bought US$6.9 billion worth of Japanese bonds in July, Japan’s finance ministry said yesterday, as the Asian giant continues to ramp up purchases of Japanese debt. China bought a net 583.1 billion yen (S$9.36 billion) of Japanese bondsAFP - 423 words
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Article267 2010-09-09 15 Pictet-Absl Rtn Glo Cons-P EUR 03.09.2010 EUR 98,79 Pictet-Absl Rtn Glo Div-P EUR 03.09.2010 EUR 109,17 Pictet-Asian Equities Ex Japan-P USD 03.09.2010 USD 163,80 Pictet-Asian Local Currency Debt-P USD 03.09.2010 USD 134,25 Pictet-Biotech-P USD 03.09.2010 USD 261,11 Pictet-CHF Liquidity-P 03.09.2010 CHF 124,14 Pictet-Clean Energy-P USD 03.09.2010 USD 73,57267 words
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314 2010-09-09 15 Bloomberg [SHANGHAI] Refined lead consumption in China, the world’s largest user, will expand at a slower pace in the second half than in the first six months as car sales grow at a reduced pace, according to a Ministry of Commerce report. Consumption growthBloomberg - 314 words
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Page 15 Advertisements
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Advertisement13 2010-09-09 15 fc-s-®**. Lianhe Zaobao Yangziiiang's TDK listing Itakes Taiwan I stock market Ibv storm13 words
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Advertisement4 2010-09-09 15 first v rtftlhehrts www.radio9l3.com4 words
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Advertisement33 2010-09-09 15 Some Indian chefs are changing the way diners perceive Indian cuisine... and earning Michelin stars too SINGAPORE PROPERTY: BUY, RENT OR WAIT? GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)33 words
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Advertisement144 2010-09-09 15 W MATS NOTICES In the Matter of The Companies Act (Chapter 50) And In the Matter of BODHICHERIE VEGETARIAN FOOD PTE. LTD. (In Creditors' Voluntary Liquidation) Reg. No. *****0240M NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final144 words
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INDIA
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686 2010-09-09 16/17 Officials prefer to wait and confirm recent cooling signs are sustained Reuters [MUMBAI] The Reserve Bank of India may not be ready to tone down its hawkish monetary policy just yet as it awaits more data to see whether signs of coolingReuters - 686 words
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Article, Illustration634 2010-09-09 16/17 Bloomberg [NEW DELHI] Coca-Cola Co offered to buy Rajesh Yadav a refrigerator for his New Delhi store if he would sell only the company’s drinks. He kept his part of the bargain and lines of Coke and Diet Coke cans glisten behindBloomberg; FILE PHOTO - 634 words
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Article, Illustration69 2010-09-09 16/17 WINNING WITH SOME DIVINE HELP [BANGALORE] A statue of elephant-headed Hindu god Lord Ganesha (centre) and a clay model of prophetic Octopus Paul (right) placed among clay models of Spanish footballers ahead of this month’s Ganesha festival, at a workshop here yesterday. Lord Ganesha, revered as a “remover of obstacles”,AFP - 69 words
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221 2010-09-09 16/17 AP [MUMBAI] An Indian court has upheld a tax department demand for Vodafone Group plc to pay 120 billion rupees (S$3.46 billion) in taxes for its 2007 acquisition of one of India’s largest mobile-phone companies. A Vodafone executive said yesterday the company willAP - 221 words
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642 2010-09-09 16/17 Nation’s M&A deals on track to top 2007 record of US$69.2b Bloomberg [MUMBAI] Standard Chartered (Stanchart), ranked 14th among merger advisers in India last year, has climbed to number two by financing takeovers in the world’s second-fastest growing major market for acquisitions. TheBloomberg - 642 words
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ASIA-PACIFIC
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635 2010-09-09 16/17 Japanese stocks decline on concerns about potential impact on export earnings Reuters [TOKYO] Japan’s government sharpened its rhetoric on foreign exchange intervention yesterday as a rise in the yen to a 15-year high underlined concerns that the currency’s strength could threaten the economicReuters - 635 words
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Article, Illustration463 2010-09-09 16/17 Bloomberg [SYDNEY] The rebuilding effort after New Zealand’s worst quake in 80 years will help spur an economic rebound over the next 12 months, economists forecast, citing experiences from disasters in Japan and the US. While the disruption will wipe 0.6Bloomberg; REUTERS - 463 words
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735 2010-09-09 16/17 Move could spark offers for largest brewer in Australia Reuters [MELBOURNE] Foster’s Group Ltd, Australia’s largest brewer, knocked back a private equity offer worth up to US$2.5 billion for its wine business as too cheap, but the approach could spark offers for theReuters - 735 words
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254 2010-09-09 16/17 Bloomberg [SEOUL] South Korea said it will ban any new investments for Iranian oil, gas and construction projects, joining nations including the US in imposing sanctions for the Middle Eastern country’s nuclear programme. South Korea also put 102 Iranian organisations and 24 individualsBloomberg - 254 words
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Page 16/17 Advertisements
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Advertisement123 2010-09-09 16/17 www.vw.com.sg Streamlined for performance. m Introducing the new Volkswagen Passat CC. The 4-door coupe. The sleek new 5-seater Passat CC performs exactly like it looks. Part limousine, part coupe, it represents the best of both worlds. It has the aerodynamic design and performance of a sports coupe, while its spacious123 words
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WORLD
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Article, Illustration625 2010-09-09 18 Democrats may lose their majority in the House and perhaps even in the Senate AP [WASHINGTON] President Barack Obama is proposing a flurry of economic measures, but may be doing too little, too late to fend off a huge Republican waveAP; AFP - 625 words
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Article, Illustration687 2010-09-09 18 AFP [BRUSSELS] Much-vaunted EU plans to tax banks skidded into trouble after moves to clamp down on big-spending governments also hit buffers despite broad agreement on Tuesday to regulate the financial sector. Three separate ideas to make banks pay more heavily into publicAFP; AP - 687 words
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594 2010-09-09 18 NEIL BEHRMANN - UK Business Secretary, ministers against appointment By in NEIL BEHRMANN VINCE Cable, Liberal Democrat Business Secretary of the UK coalition government, is fuming over the appointment of investment banker Bob Diamond as chief executive of Barclays. Mr Cable and several other furious ministers and594 words
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362 2010-09-09 18 AFP [LONDON] Failures by BP and other companies led to the Gulf of Mexico oil disaster, the British energy group concluded yesterday as it sought to defend itself against possible multi-bil-lion-dollar US lawsuits. As expected in the findings of itsAFP - 362 words
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393 2010-09-09 18 Bloomberg [FRANKFURT] Global regulators reached a compromise on capital ratios for banks that will introduce higher capital requirements over a five to 10-year period starting in 2013, a German central bank official said. The Basel Committee on Banking Supervision drafted key points of the so-calledBloomberg - 393 words
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Page 19 Advertisements
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Advertisement141 2010-09-09 19 LITTLE. red A dot <r A «cw« a» X \>\v£ tsl A/a/ 'O/7 er m PM n J°y, ?«?>»» c a//s r, nei^ for Hy, s Port 'Q&$L s p 4GP J 73 At f c onV/^5A^ esV k r> L°wtK _a&' 5 fT a v—i B9 ag SB IN141 words
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EDITORIAL & OPINION
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525 2010-09-09 20 EDITORIAL AT its current level of around 84 per US dollar, the Japanese yen is at a 15-year high against the greenback and, with each passing week, is inching ever closer to its April 1995 record of just under 80. In the525 words
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Article, Illustration831 2010-09-09 20 CAROLINE BAUM - THE BOTTOM LINE CAROLINE BAUM The writer, author of “Just What I Said”, is a Bloomberg News columnist. The opinions expressed are her own Bloomberg IN RECENT decades, US presidents, especially those confronted with a lousy economy and looming election, haveBloomberg - 831 words
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Article, Illustration846 2010-09-09 20 NICHOLAS DUNBAR - A fundamental intellectual shift has taken place in the financial regulatory community ftSS REUTERS BREAKINGVIEWS By NICHOLAS DUNBAR The writer’s book, ‘Devil’s Derivatives’, will be published in early 2011 THE buzzword among financial regulators today is “interconnectedness”. It is often applied to over-the-counterAFP - 846 words
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Article, Illustration1030 2010-09-09 21 ANTHONY ROWLEY - Japan must protect its economy from the effects of endaka, forex reserves from erosion, and supply of raw materials ANTHONY ROWLEY Tokyo Correspondent CHINA has a voracious appetite nowadays for just about every kind of commodity and other raw material fuels, metallic minerals, foodstuffsREUTERS - 1,030 words
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1073 2010-09-09 21 KEITH B RICHBURG - By KEITH B RICHBURG Researcher Zhang Jie in Beijing contributed to this report LAT-WP WHEN Scarlett Johansson strode across the screen in Iron Man 2, she was wearing a form-fitting outfit made by Semir, a Chinese brand and an official sponsor ofLAT-WP - 1,073 words
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678 2010-09-09 21 Mak Yuen Teen - LETTER TO THE EDITOR Mak Yuen Teen Associa te professor NUS Business School I REFER to the letter “Unjustified criticism of Xpress Holdings” (BT, Sept 8) by Christopher Chong in response to my commentary on companies appointing alternate independent directors. As678 words
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AVIATION
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Article, Illustration380 2010-09-09 22 Company will cut workers as the US tightens defence spending AP [ST LOUIS] Boeing Co is slimming down its military aircraft business and cutting workers as the US tightens defence spending and profit margins shrink. Boeing’s military division makes the well-known Chinook transport helicopters,AP; BLOOMBERG FILE PHOTO - 380 words
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Article3033 2010-09-09 22 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ458 1410 EY473 1950 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7268 1745 VS7279 2350 9W4081 1820 AF8087 1820 BA7381 1820 JL5084 1820 MU8213 1820 QF81 1820 Amsterdam SQ323 0605 AZ3993 0025 US5410 0605 KL8363,033 words
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216 2010-09-09 22 Bloomberg [NEW YORK] Alaska’s Airport System bonds were cut to a negative outlook from stable by Moody’s Investors Service, which said persistent poor economic conditions threaten to curb passenger traffic and weaken cargo revenue. The reduced outlook precedes the sale ofBloomberg - 216 words
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779 2010-09-09 22 Bloomberg [WASHINGTON] Holli Powell, a Phoenix medical-soft-ware consultant who flies every week, says she avoids getting into airport security lines that end at what she calls a humiliating full-body scanner. “Those scanners, I feel, are above and beyond,” Ms Powell, 35, said inBloomberg - 779 words
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245 2010-09-09 22 Bloomberg [TOULOUSE] Latecoere SA chief executive officer Francois Bertrand, seeking a partner for the aircraft-components supplier, said his industry must consolidate before Airbus SAS and Boeing Co renew their nar-row-body jets in coming years. The world’s two largest aircraft makers prefer larger suppliers, and size wouldBloomberg - 245 words
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3899 2010-09-09 23 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 Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.3,899 words
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Page 22 Miscellaneous
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Miscellaneous326 2010-09-09 22 CRYPTIC CROSSWORD Across 6 The creation is spreading, mathematical physicists say? (13) 8 Household of chaps facing senility (6) 9 Liberty that is given by degrees (8) 10 One may be food enthusiast (3) 11 Everyone entering bumped into hammer (6) 12 Subdued and finished animal losing tail (8) 14326 words
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Page 23 Advertisements
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Advertisement31 2010-09-09 23 Shipping lines seeking reliable logistics partners TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? O O 327 THE BUSINESS TIMES SHIPPING TIMES31 words
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SHIPPING
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301 2010-09-09 24 JOYCE HOOI - The Netherlands, S’pore need to bank on this to compete, says Dutch minister By JOYCE HOOI [SINGAPORE] Both Singapore and the Netherlands have to bank on efficiency to compete as logistics hubs in their respective regions, Camiel Eurlings the Dutch Minister of301 words
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Article278 2010-09-09 24 SGX '000 Sep 8 S$ +/-Vol CH Offshore 0.52 0.01 965 Chuan Hup Hldg 0.26 unch 60 Cosco Corp 1.62 -0.03 ***** CWT Ltd 0.99 0.02 2874 Ezra Hldgs 1.73 -0.01 1921 First Ship Lea 0.42 -0.01 163 Freight Links 0.06 unch 370 Grand Banks unch unch 0278 words
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292 2010-09-09 24 Bloomberg [HONG KONG] Maersk Line, the world’s largest container vessel operator, said the global shipping industry may have to cut box cargo capacity from the fourth quarter as demand growth slows at US and European retailers. Demand for shipments in “the fourthBloomberg - 292 words
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Article, Illustration560 2010-09-09 24 NYT [HONG KONG] Aiming to reduce noxious fumes in one of the most densely populated parts of Asia, the Danish shipping giant Maersk Line said on Tuesday that its ships would switch to low-sulphur fuel when at berth in Hong Kong aNYT - 560 words
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Article150 2010-09-09 24 JOYCE HOOI - By JOYCE HOOI MAERSK LINE will have a new Asia-Pacific region head Thomas Knudsen from the start of November this year. Mr Knudsen, who will be based in Singapore, will report directly to Hanne Sorensen, Maersk Line’s chief commercial officer. “Thomas Knudsen brings with him150 words
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Page 24 Advertisements
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Advertisement29 2010-09-09 24 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES29 words
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Advertisement15 2010-09-09 24 Experienced sh/p maintenance services wanted. Can they find your services here in the Shipping Times?15 words
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SINGAPORE STOCKS
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Article8935 2010-09-09 25 Transaction date: Sep 8 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 21 13 3148 8Telecom 19 unch 559 19.5 19 19 19.5 1.7 9.5 6.1 91 12 5 58348,935 words
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Article1883 2010-09-09 26 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 9 4.5 1181 t AA Grp 4.5 4 4.5 25 4.3 225 130 6222 t APStrategic 175 +15 2 175 170 1651,883 words
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Article9378 2010-09-09 26 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.2/ APS Alpha Fund (USD)!** 0.89/ APS Alpha Fund Cl B SGD!** APS Alpha Fund Cl B USD!** AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund9,378 words
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Article813 2010-09-09 26 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 $mil 124 107 6389 ABF SG Bond ETF 116 113 116 529.5 950 748 CIMBAsean40 100US$ US947 -3 4 947 947 944 954 37.9 308813 words
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Article74 2010-09-09 26 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 $mil 56 36.5 6000 AVJennings A46cd 45.5 48 3.6 7.6 3.7 119.8 46.5 16 6017 Genting HK US$ US43 +1 ***** 44 42 42.5 4374 words
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FINANCE & COMMODITIES
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374 2010-09-09 27 In local curr In S$ In US$ dy yr dy yr dy yr Sep 7 Index Change Change Change Change Change Change World Index Preliminary 809.4 -0.7 -2.8 -0.7 -7.5 -1.0 -3.7 EAFE Preliminary 751.8 -0.6 -4.2 -0.8 -10.0 -1.0 -6.3 Europe Preliminary 1098.7 -0.8374 words
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Article178 2010-09-09 27 Sep 8 $S Offer Bid 0 0.04 0.02 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.33 0.23 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.55 0.35 6 months 0.75 0.55 9 months 0.85 0.65 12178 words
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Article22 2010-09-09 27 Sep 8 S$ Bid Offer 1-month 1.3444 1.3454 2-months 1.3443 1.3454 3-months 1.3443 1.3454 6-months 1.3441 1.3452 Source: OCBC22 words
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Article132 2010-09-09 27 Sep 8 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2190 1.2560 Can dollar 1.2790 1.2940 Euro 1.7010 1.7210 NZ dollar 0.9610 0.9820 Sterling pound 2.0590 2.0820 US dollar 1.3400 1.3560 Local dollars to 100 units of foreign132 words
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Article27 2010-09-09 27 Sep 8 Open High Sett STI Sep 3012 SIMSCI Sep 357.5 359.0 357.0 Taiwan Sep 277.1 278.1 276.8 Source: MF Global (S) Pte. Ltd27 words
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Article67 2010-09-09 27 Sep 8 Sep KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 10 2760 2785 2785 2760 169 882 Oct 10 2702 2719 2719 2682 1831 9570 Nov 10 2651 2674 2674 2635 8530 ***** Dec 10 263067 words
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Article433 2010-09-09 27 Sep 8 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep10 99.6950 0 1012 Dec10 99.5300 0 5384 Mar11 99.4800 0 2763 Jun11 99.4050 0 2369 EUROYEN TIBOR FUTURES Sep10 99.6450 99.6475 99.6450 99.6475 11 3560 Dec10 99.6800 99.6800 99.6675 99.6750 12 1879 Mar11 99.6900 99.6900 99.6900433 words
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Article150 2010-09-09 27 Sep 8 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Oct 10 354.5 352.0 354.5 37 Nov 10 349.0 349.0 350.0 12 Dec 10 349.0 349.0 350.0 12 Jan 11 349.0 349.0 350.0 24 Feb 11 349.0 349.0 350.0150 words
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Article89 2010-09-09 27 Sep 8 Sep TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 09.12.2010 0.29 0.24 0.24 1-Year BY*****W 03.05.2011 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.24 104.28 104.27 5-Year N*****0N 1.375 01.10.201489 words
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Article105 2010-09-09 27 Sep 7 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 10 1043.75 1029.75 1040.75 1024.75 Nov 10 1052.00 1035.00 1053.50 1028.75 Jan 11 1061.50 1043.75 1063.00 1037.75 Mar 11 1066.75 1049.00 1068.50 1044.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 10 41.26 40.32 41.25105 words
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Article77 2010-09-09 27 CRUDE OIL PRODUCTS Sep 7 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 76.42 -0.49 WTI (Near Mth) 73.76 -0.34 Dubai (1-Mth F) 74.29 -0.93 Tapis blend 81.90 -0.30 Minas 76.10 -1.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 72.75 -1.02 Jet Kerosene 86.40 -0.80 US$/barrel Opec Oil77 words
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2163 2010-09-09 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 2 unch 398 1 3 -9 2.75 3 6221 Asia-Pacific Strategic W*****6 33 4.5 1 1 150 5 5.30 44 6227 ASJ Hldgs W*****1 3.52,163 words
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Article464 2010-09-09 27 Sep 8 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.960 6.227 0.722 7.120 42.803 82.408 0.767 10.748 2.853 1.273 78.550 40.553 1.232 6.663 0.923 29.279 28.417 0.593 0.916 Canada 1.041 6.486464 words
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Article85 2010-09-09 27 Sep 8 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2010-09-09 27 Sep 8 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2315 1.2331 0.9160 0.9165 Canadian dollar 1.2825 1.2843 0.9539 0.9546 Euro 1.7052 1.7069 1.2684 1.2687 NZ dollar 0.9668 0.9688 0.7191 0.7201 Sterling pound 2.0770 2.0792 1.5449 1.5454154 words
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Article138 2010-09-09 27 Sep 8 GOLD (US$/oz) Sep 08 Sep 07 Hong Kong 1258.10 1248.80 Sep 07 Sep 06 London 1256.30 1249.45 1256.50 1250.45 Source: Thomson Reuters CAST BAR Sep 08 (S$) Selling Buying Kilobar 58,395.25 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 131 54 5gm 371 272 10gm 663138 words
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Article71 2010-09-09 27 Sep 7 Sep 7 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2136.50 2165.00 3 months 2165.00 2193.00 Copper, Grade A (US$/tonne) Cash 7614.00 7693.50 3 months 7629.00 7709.00 Lead (US$/tonne) Cash 2154.75 2168.25 3 months 2184.00 2196.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article82 2010-09-09 27 Sep 7 COCOA (£/tonne) Close Prev High/Low Sep 10 1925 1963 1962/1922 Dec 10 1943 1965 1967/1941 Mar 11 1960 1978 1979/1956 May 11 1972 1987 1987/1965 COFFEE (US$/tonne) Close Pev High/Low Sep 10 1595 1592 1590/1560 Nov 10 1620 1617 1628/1580 Jan 11 1639 1632 1649/1599 Mar 1182 words
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BizIT
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Article, Illustration728 2010-09-09 28 RAJU CHELLAM - Gartner sees global semicon chip revenues jumping 31.5 per cent this year from 2009, but growth in H1 2010 falling below seasonal norms, reports RAJU CHELLAM RAJU CHELLAM IT’S like a giant seesaw. For a couple of quarters, the global semiconductor industry goes into728 words
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519 2010-09-09 28 VICTORIA HO - Some products enjoy higher confirmed purchases online. Travel items such as plane tickets and hotel buys saw 40% of users researching online buying these items on websites. By VICTORIA HO WITH up to 40 per cent of Singaporean online shoppers buying their products through519 words
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446 2010-09-09 28 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY [SINGAPORE] The Media Development Authority (MDA) and the Interactive Digital Media Program Office (IDMPO) will invest $30 million over the next three years to help grow the share of digital advertising, which currently stands at 5.3 per446 words
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864 2010-09-09 28 LOCK KWEE YOONG - <you say> By LOCK KWEE YOONG The author is Head of Risk Intelligence Financial Services, SAS Institute, Singapore CONSUMER spending is awakening from economic slumber over the past year and is projected to increase significantly by the end of this year. In864 words
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349 2010-09-09 28 Bloomberg [PARIS] Nokia Oyj, the world’s biggest maker of mobile phones, has a lot riding on its annual showcase event next week as it tries to claw back ground lost to Apple Inc’s iPhone and devices based on GoogleBloomberg - 349 words
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PROPERTY
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Article, Illustration1244 2010-09-09 29 Developers picking up land at bargain prices as lenders move troubled construction loans off their books Bloomberg [NEW YORK] Construction crews are returning to the Cascades of Groveland, a gated 55-and-older community west of Orlando, Florida, almost three years after its bankrupt developer leftBloomberg; AFP - 1,244 words
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1947 2010-09-09 29 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Emerald Gdn Apt 11/08/2010 999 829 1298 1566 People's Park Cplx Apt 16/08/2010 991,947 words
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Article, Illustration586 2010-09-09 30 Demand for offices, houses likely to increase as interest rates are kept low Bloomberg [TOKYO] Investors should buy shares in Japanese real estate companies because demand for offices and houses is likely to increase as the central bank keeps borrowing costs near zero,Bloomberg; BLOOMBERG - 586 words
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447 2010-09-09 30 Reuters [TOKYO] Nippon Building Fund Management, which manages Japan’s largest real estate investment trust, is not planning to merge it with another Reit and will focus on buying up new properties to drive earnings growth, its chief executive Koichi Nishiyama said. NipponReuters - 447 words
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290 2010-09-09 31 Improved economy and low interest rates creating demand: Halifax Bloomberg [LONDON] UK house prices unexpectedly rose for a second month in August as a strengthening economy helped support demand, Halifax said. The average cost of a home rose 0.2 per cent from July,Bloomberg - 290 words
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Article, Illustration329 2010-09-09 31 New sales gallery and service centre to target S’porean, foreign buyers MALAYSIAN property developer UOA Group has set up a customer service centre and property sales gallery at Suntec City as it looks to grow the proportion of Singaporeans and other foreigners329 words
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Article, Illustration498 2010-09-09 32 UMA SHANKARI - By UMA SHANKARI HONG KONG-BASED private equity fund manager Gaw Capital Partners hopes to break into the Singapore market with its bid to buy the historic Capitol Theatre and surrounding properties at City Hall. Chairman Goodwin Gaw said the company intends to build an iconic498 words
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565 2010-09-09 32 FELDA CHAY - S’pore’s experience can help Asian neighbours build up cities: Liu Thai Ker Reports by FELDA CHAY SINGAPORE should actively export its city planning expertise to other Asian cities, said Liu Thai Ker, chairman of the Centre for Liveable Cities advisory board. In a speech565 words
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255 2010-09-09 32 SINGAPORE should be able to handle a population of slightly more than six million, but a number beyond that would be “worrying”, the chairman of the Centre for Liveable Cities advisory board Liu Thai Ker said yesterday. Speaking at the Centre for255 words
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Page 29 Advertisements
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Advertisement50 2010-09-09 29 With Savills Retail Lifestyle Leasing, you can find the most prime and strategic locations for your business savills Savills has more than 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. Call 6836 6888 S 3 V I I S C O ID50 words
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Page 30 Advertisements
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Advertisement1580 2010-09-09 30 WATci NOTICES IN THE MATTER OF THECOMPANIES HAPTER50 AND IN THE MATTER OF FINLEYINVESTMENTSPTE. TD. COMPANYREG. O.*****5872M (INMEMBERS’ UNTAR WINDIN UP) AAtt anExtraordinar Gener Meeting he aboenamedCompan held 63 enang RRoad #02-0 WinslandHouse Singapor *****3on September20 0:00a.m., tthefollowing esolutions dulypassed:11.. SPECIALRESOLUTION WINDIN UP RESOLVED: That heCompan be oundup oluntar pursuant1,580 words
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Advertisement480 2010-09-09 30 The World of Luxurious Real Estate THE QUILLION TEAM 6222 2321 9189 5111 THE PENTHOUSES Oceanfront Magnificent Duplex penthouse of 7,800sf with breathtaking frontline seaview and elegant layout. Ardmore Pk Penthouse Singapore most desirable address. Unrivalled location in Orchard, 8,700sf of beau tifully designed gracious living spaces, elegant bathroom with480 words
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Page 31 Advertisements
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Advertisement17 2010-09-09 31 FOR SALE BY TENDER LEEDON ARK GoodClassBungalowapprox*****sq (land) DoubleStoreywith PoolandanAnnexBlock ExcellentDualFrontage SubdivisionRedevelopmentPotential TTenderClosingDate: October2010,3pm Fortenderdocuments,plscallJohnGoh *****678 *****78017 words
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Advertisement714 2010-09-09 31 ESS EXCLUSIVE WORLDWIDE LAUNCH OF THE RUTHERFORD BUILDING r. ST l-.n u kiliil im E I.EHI BII n|p at.a n all a IH SSI ICJB»H ci a 15 I DIDB 11 p #-■> ttiKHI .1 B Ml I |j KfeiK.s-:kMi!s|i k i i !'li Si!!! F I IwP rase^mHaeeBBH^BBi Brent714 words
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Page 32 Advertisements
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Advertisement277 2010-09-09 32 FOR SALE BY PUBLIC TENDER joneslanglasalle.com.sg D19 Residential Redevelopment Site Close Proximity to MRT Shopping Malls Located along Lim Tua Tow Road Site Area: 43,335 sq.ft (approx.) Plot Ratio: 1.4, up to 5 storeys Freehold Close proximity to Kovan Heartland Mall/MRT Station, Serangoon MRT Station, upcoming NEX mega mall and277 words
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Advertisement89 2010-09-09 32 J. J1 u_ J J _fj For people who love privacy -Transparent OFF -Opaque Advertising Auditoriums Banks Bathrooms Boardrooms Building Facades Casinos Cinemas Condominiums Education Centres Entertainment Areas Glass Bridges Hospitals Hotels Intensive Care Units Meeting Rooms Offices Residences Resorts Schools "Shoe-Box Units" Shopping Centres Showrooms Skylights Video Walls VIP89 words
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