The Business Times, 3 May 2011

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Total Pages: 38
1 38 The Business Times
  • 22 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Tuesday, May 3,2011
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  • 799 1  -  Security stepped up around the world amid fears that terrorists will try to strike back By VEN SREENIVASAN [SINGAPORE] Osama bin Laden is dead. The elusive mastermind behind the devastating Sept 11, 2001 terrorist attacks that led the United States into war in Afghanistan
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  • 891 1  - S’pore a magnet for VCs or is it? While report ranks it highly, some say different yardstick should be used By MICHELLE QUAH [SINGAPORE] Singapore’s appeal to venture capitalists and private equity investors continues to grow a new report lists the Republic as one of the most attractive countries in
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  • 157 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST INDEX 3,179.86 -14.87 KL COMP 1,534.95 +12.20 NIKKEI 225 9,849.74 +167.53 HANG SENG 23,720.81 -417.50 SET INDEX 1,093.56 -11.73 JAKARTA COMP 3,819.62 +18.54
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  • TOP STORIES
    • 848 2  -  Nobody of his calibre yet to replace him as foreign minister if he loses Aljunied GRC GENERAL ELECTION 2011 By LEE U-WEN [SINGAPORE] As one of three core members in the current leadership team set to take Singapore forward, Foreign
      LIANHE ZAOBAO  -  848 words
    • 586 2 Airports on high alert as Osama is killed OSAMA bin Laden is dead. The elusive mastermind behind the devastating Sept 11, 2001 terror attacks was slain in his luxury hideout in Pakistan in a firefight with US forces. Airports around South-east Asia are boosting security, just like their
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    • 578 4  -  At least 4 GCB deals done in April with prices ranging from $30m to $60m By KALPANA RASHIWALA [SINGAPORE] After easing in the first quarter of this year, activity in the Good Class Bungalow (GCB) market seems to have picked up in
      578 words
    • 749 4 Investors’ appetite for risk rises after US announcement AP Reuters [LONDON] The killing of Al-Qaeda leader Osama bin Laden lifted global stocks slightly and eased oil prices yesterday but the US dollar pared gains on the view the importance
      AP; Reuters  -  749 words
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    • 229 2 A member of L® Academy For people who love a challenge. At PSB Academy, we work our students hard. When our graduates head out into the world, they're armed with more than just a piece of paper. They have real skills, for real life. Take our Business courses for example.
      229 words

  • Page 3 Advertisements
    • 115 3 SARASIN From Every Angle we Offer a Distinct Perspective on Wealth. We've spent some 170 years crafting distinctive private banking solutions. Bank Sarasin cherishes a balanced and sustainable approach not only in terms of growth, resources and investing, but to expertise that has been trusted for generations. Bank Sarasin offers
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  • Page 4 Advertisements
    • 832 4 ft* THE LEADING BUNGALOW SPECIALIST {Call, Ms Serene: '6100:0080 ?J*****3G J Best Investment! Land@Olive Road L: ***** B:68oo 4 1 Rooms View to appreciate (Sole Agent) Last Call! Best Value! Land Steven Road Vicinity L: ***** $3iM Land Holland Vicinity ***** sf. $3xM. (Rare piece!) Land Belmont Vicinity ***** sf.
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    • 17 4 Brand Your Assets Call 1800 289 8822 or e-mail notices@sph.com.sg to publicise your Financial Statements MATS NOTICES
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  • Page 5 Advertisements
    • 231 5 PATEK PHILIPPE GENEVE Begin your own tradition. 7T o CTQ =T ■O ft, Po >;-r o i GN co f. "Of course, the acoustics of all minute repeaters have to be tested. In ourfamily-owned watch company, the President does it." Every Patek Philippe wristwatch with a minute repeater must pass
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  • GENERAL ELECTION 2011
    • 634 6  -  He says that the world remains a dangerous place and S’pore is a target By CHUANG PECK MING THE death of Osama bin Laden is a wake-up call to Singaporeans, now caught in the heat of a general election at
      LIM SIN THAI/THE STRAITS TIMES  -  634 words
    • 671 6  -  By UMA SHANKARI THE “ship” (Singapore) will not sink even if the Opposition wins a significant number of parliamentary seats in the coming polls, the Singapore People’s Party (SPP) assured voters yesterday. It also pledged that the Opposition is not there
      PHOTOS BY ARTHUR LEE  -  671 words
    • 546 6  -  By LEE U-WEN HAVING taken the “punches” from the Opposition in the first half of the election campaign period, the ruling People’s Action Party (PAP) is gearing up to hit back, said Senior Minister Goh Chok Tong. Using a
      546 words
    • 234 6 `SINGAPORE should follow recommendations by the World Bank to strengthen the Central Provident Fund model and grow the people’s money, Workers’ Party candidate Chen Show Mao (right) urged last night. Speaking at a rally for Moulmein-Kallang GRC near Kallang Avenue, Mr Chen, who
      234 words
    • 380 6  -  By TEH SHI NING THE Reform Party at its West Coast Park rally last night touched on various policy proposals, including ideas to help singles, working mothers, the elderly and the disabled. Ho Soak Harn, a member of the RP’s West
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  • COMPANY NEWS
    • 1144 7  -  Momentum unlikely to be stalled by GE, earnings to drive market: analysts By LYNN KAN THE Singapore bourse’s market value has busted the pre-financial crisis record set in Oct 2007, with total market capitalisation rising to $850.3 billion as of last Friday. To
      1,144 words
    • 784 10  -  HOCK LOCK SIEW By R SIVANITHY WHENEVERlarge share offerings like last month’s Hutchison Port Holdings Trust (HPHT) and Mapletree Commercial Trust (MCT) are floated, it is routine to see “stabilisation managers” appointed to support prices just after listing. Similarly, when stock prices plunge, an inevitable clamour
      784 words
    • 2644 10 Payment Ex Books Pay Ann (cts) date close date date 8Telecom Intl bn 0.615 03-May 05-May 24-May 08-Apr ABR Hldgs ak 1.000 10-May 12-May 27-May 13-Apr Action Asia ak 1.000 06-May 10-May 20-May 25-Feb Adampak Ltd ak 2.000 09-May 11-May 26-May 02-Mar Adv Integrated Mft an 0.330 20-May
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  • Page 7 Advertisements
    • 87 7 Trade beyond borders That’swhatparticipantsininternationalcommerce can do when they’re smart about managing risk. And smart managers work with CME Group, the world’sleadingderivativesmarketplace.Companies doing business around the world come to us to manage virtually every kind of risk. Changing currency valuations, energy costs, interest rate fluctuations,commodity shifts whatever the risk, wehelptheworldadvancebeyondit.Learnmoreat cmegroup.com/advance.
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  • SINGAPORE MARKETS
    • 870 8 Silver hits all-time peak, crude oil futures climb as greenback falters COMMODITIES AFP [LONDON] Gold prices nailed fresh record highs, silver struck an all-time peak and crude oil futures climbed as the dollar faltered during a shortened trading week for commodity investors. The dollar
      AFP; REUTERS  -  870 words
    • 1553 8 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Properties 2.73 2.73 11 15.12 7.80 1.32 1.18 Amtek Engg I 1.75 1.75 4 13.81 8.55 1.61 1.18 ARA Asset Mgt 1.75 1.75 4 9.40 18.72
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    • 4 8 WEEKLY
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    • 66 8 Apr 29 VALUE CLOSE BT OB/OS -339.00 -28.00 BT CADI -*****.00 -88.00 BT 10-day MA -*****.00 -34.00 FTSE ST Mid Cap 772.02 +0.41 FTSE ST Small Cap 551.05 -2.09 FTSE ST All Share 780.91 -1.10 FTSE ST China Top 279.12 -1.27 FTSE ST China 308.30 -0.69 FTSE
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    • 59 8 VOLUME Genting SP 393,137,000 Golden Agri 390,216,000 MapletreeCom 184,342,000 HPH Trust US$ 162,402,000 CreativMast 117,187,000 NexGenSCom 107,818,000 Dyna-Mac 106,776,000 Noble Grp 98,655,000 SingTel 97,717,000 SunVic 96,296,000 VALUE($) Genting SP 870,854,841 Keppel Corp 388,089,314 DBS Grp 366,141,353 SingTel 306,024,675 UOB 277,871,638 Golden Agri 261,796,656 Noble Grp 219,470,085 HPH
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    • 113 8 BY CENTS CLOSE UP DBXT AUDMM 5SG$ ***** 989.0 4.0 IS S&P500 ***** 679.1 4.2 GLD 10US$ ***** 311.4 1.7 DBXT MSJAP 10US$ 3865 166.7 3.6 DBXT MSUSA 10US$ 3216 161.8 4.3 DBXT MSKorea 10US$ 6704 156.9 1.9 DBXT DBCBDJUBS 10US$ 4000 152.0 3.2 Lyxor EmergingMkts 1 1320 147.1
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    • 129 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-436.4 -2.6 DBXT FTChina25 10US$ 3272-112.8 -2.7 DBXT S&P Short 10US$ 4135 -76.0 -1.5 Lyxor China H 10US$ 1705 -71.1 -3.3 DBXT CSI300 10US$ 1066 -62.5 -4.6 DBXT MSEurope 10US$ 5002 -56.4 -0.9 DBXT MSCHINA 10US$ 1300 -50.3 -3.1 Lyxor India Nifty
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    • 5 8 WEEKLY
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  • Page 8 Advertisements
    • 50 8 ED \w\wW 'wlllll m m 1 Mi I TURISMO rJ Passion CLASSIC RACING COLLECTION 1000 ttlGLIA GT XL CHOPARD BOUTIQUES #01-03 Takashimaya S.C.,Tel. 6733 8111 Bi-ioyThe Shoppes at Marina Bay Sands,Tel. 6688 7999 #02-106 Resorts World Sentosa, Tel. 6723 8016 Also available at all leading watch retailers rjj» '0s'0/'0if www.chopard.com
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  • 2011 MARKET PERFORMERS
    • 617 9 OKP Holdings Growing our business and our future, here and abroad A SPECIAL SERIES BROUGHTTO YOU BY SHAREINVESTOR INtimes of turmoil in the stock market, it’s important to remember that the business, not the stock price, is the story,”says Mr OrTohWat, group managing directorofleadinghomegrowninfrastructureandcivil engineering company OKP Holdings. Not that
      617 words
    • 658 9 PRODUCTIVITY has always been widely advocated in Singapore and from last year’s Budget, it is much more apparent for ongoing and future construction activities to adopt new processes and technologies to improve productivity significantly. This macro trend seems to bode well for
      658 words
    • 812 9 GOING to Bintan on a tour package? Many of the local tour packages and its related services are probably developed by BRC Tours, a unit of Bintan Resorts Cakrawala which is a subsidiary of Gallant Venture Ltd. Taking a ferry there? Gallant Venture owns
      812 words
    • 710 9 LMA International Consolidating its Market Leadership SINCE taking over the helm of SGX Mainboard-listed LMA International NV (“LMA”) ten months ago, Mr William Crothers, Group CEO, has been hard at work with Mr Trevor Swete, Executive Group Chairman, to chart a new phase of growth for the Group. Focused on
      Source: Company Financials (USSmillion)  -  710 words
    • 742 10 Challenger Technologies Shaping Singapore's IT Retail Landscape A SPECIAL SERIES BROUGHTTO YOU BY SHAREINVESTOR WITH more than 27 years of experience in the IT industry, Mr Loo Leong Thye, Chief Executive of SGX Mainboard-listed Challenger Technologies Limited, and his management team have pioneered several initiatives in Singapore’s IT retail landscape.
      742 words
    • 823 10 1. Net Profit of S$7.03 million 2. Net Property Income 8.6% ahead of forecast, underscoring resilience of business model and effectiveness of proactive management 3. Reaffirms intention to distribute S$10 cents per unit for 2011 TREASURY Holdings Real Estate
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  • SINGAPORE NEWS
    • 328 11  -  It launches premier executive healthcare plan, covering full medical treatment By NISHA RAMCHANDANI HEALTH insurance company Cigna, which caters to expatriates and globally mobile individuals, has opened an office in Singapore with an eye on further expansion in Asia. Cigna, which is fully
      328 words
    • 279 11 CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) GROSS REDEMPTION YIELD p.a.) NUMBER OF DAYS OF ACCRUED INTEREST INTEREST PAYMENT DATES AMOUNT ($m) COUPON RATE p.a.) YEAR RAISED ISIN CODE MATURITY DATE 01.07.2011 NX*****H 2001 3 5/8 6800.00 1/1 1/7 118 100.53 0.57 SG**********
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    • 226 11 COMPANY MEETING PLACE DATE TIME ACE Achieve S The Gallery, Level 4 Paramount Hotel 25 Marine Parade Singapore *****6 05-May 2.30pm Lung Kee A Gloucester Room, 2nd Floor Mandarin Oriental Hotel 5 Connaught Road Central Hong Kong 09-May 3.00pm Junma Tyre A E 47 Hill Street #02-00 10.00am
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    • 403 11 Apr 29 BANKS Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A. 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank of Communications 5.5 Bank of
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  • Page 11 Advertisements
    • 18 11 J W Head to CATS FASTADS in The New Paper for education options! WATci BUY IT-SELL IT-FIND IT
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    • 44 11 Tradition in r w imm. SsfS 0 •>.- .v.- For us, private banking means drawing on tradition to create new value. Also for you: +65 6532 5325 or www.claridenleu.com Clariden Leu Ltd., Singapore Branch, Singapore Registration No. T05FC6718B-PTE-01 Clariden Leu SWISS PRIVATE BANKING SINCE 1755
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  • SME Inc
    • 914 12  -  It’s easier now for Singapore women to become business leaders, but the numbers are still not encouraging. WOMEN IN BUSINESS reports MAXIE AW YEONG MORE women business leaders seem to be in the spotlight in recent years, with the likes of Hyflux’s Olivia Lum and 77th
      STOCK.XCHNG; FILE PHOTO  -  914 words
    • 1020 12  -  By MAXIE AW YEONG YOUNG, attractive, and female Shann Sok looks nothing like an executive director of a property developer. But Ms Sok, who is 30 years old, has been leading Kingsland Development for seven years, and has been involved in the
      YEN MENG JIIN  -  1,020 words
    • 950 13  -  Judy Koh started out as a hairstylist but her salon now offers a total package that covers beauty and wellness, reports MAXIE AW YEONG WOMEN IN BUSINESS reports MAXIE AW YEONG BEFORE “entrepreneur” became a buzz word, Judy Koh was already one in her
      IN@BACKSTAGE  -  950 words
    • 873 13  -  By MAXIE AW YEONG SINCE she’s a food lover, it seems only natural that Raynne Ong’s entrepreneurship venture would be in the food industry. Ms Ong’s company, Kandy Confectionary, manufactures chocolates for America, Canada, Japan and Singapore. Most of it is packed in retail packaging for final
      SPRING SINGAPORE  -  873 words
    • 1037 14  -  The key to survival is a good succession planning technique which enables the transition to professional management COMMENTARY By OWI KEK HEAN The writer is deputy managing partner and head of enterprise services at KPMG in Singapore. The views expressed are his own. WEALTH
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    • 787 14  -  By KAREN NG ONE solution for most offices strapped for space would be to try to pack more workers into the same work area to save money on rentals and furniture. Enter Wilsin Office Furniture, which has come up with a unique design for maximising
      YEN MENG JIIN  -  787 words
    • 486 14  -  By WONG SU-JIN BUSINESSMAN of the Year Chia Kim Piow leads a successful engineering group that posted more than $700 million in revenue last year, but like many entrepreneurs of his generation, he hasn’t had it easy getting to his current position.
      ARTHUR LEE  -  486 words
    • 850 14 ASK NUS PROFS Q: Most young employees nowadays, especially those with university education, tend to pursue MNCs rather than local SMEs. Even among those who do join SMEs, they often see the latter as a stepping stone towards the MNCs; and all the time, effort
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  • Page 13 Advertisements
    • 42 13 SME May/June 2011 Out now with a brand new look! Available at Caltex, Esso, Shell and SPC petrol stations, 7 Eleven and Cheers stores and leading bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838
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    • 7 13 Iskandar Malaysia toseefruitsof 1stphaseof investment nextyear Tosubscribe,call6388-3838orgotosphsubscription.com.sg
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  • FOCUS: NORTH-EAST INDIA
    • 1078 15  -  The poorly integrated north-east region represents a wasted opportunity for the central government, writes PRAKASH PILLAI writes PRAKASH PILLAI The writer is the head of the South Asia Practice of law firm Rajah Tann LLP and is also a director of the
      AP  -  1,078 words
  • Page 15 Advertisements
    • 121 15 Investinassetsthat sustaintheworld. FirstStateGlobalAgribusiness. With the world’s population set to grow by 40% in 2050, large-scale commercial farming, processing, supply and support will play a major role in feeding an estimated 9 billion people. The First State Global Agribusiness offers investors the opportunity to benefit from the excellent long-term growth prospects
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  • ECONOMY WATCH
    • 487 16 The US is not going to default on any obligation, he says [OMAHA, Nebraska] Warren Buffett does not spend his time making stock research recommendations, but he is sure of one thing America should have a “strong buy” slapped on it. Tens of thousands
      REUTERS  -  487 words
    • 487 16 Welcome news to RBA as it lessens growing pressure for higher interest rates Reuters [SYDNEY] Australian house prices fell sharply last quarter as higher mortgage rates cooled the market and the local dollar broke above US$1.1000 for the first time since 1982, news that
      Reuters  -  487 words
    • 529 16 Bloomberg [BRASILIA] Brazilian Finance Minister Guido Mantega is wiping out the world’s best carry-trade investment. The yield investors receive on real-denominated assets overseas sank to a seven-year low of 1.6 per cent last week from 8.1 per cent on March
      Bloomberg  -  529 words
    • 624 16 Index climbs 4.4% in April after reaching highest level since October 2008 Bloomberg [SINGAPORE] Commodities beat stocks, bonds and the dollar for a fifth straight month, the longest stretch in at least 14 years, as demand for raw materials increases with expanding economies and
      Bloomberg  -  624 words
    • 1921 16 VOL Apr 29 RM +/-(‘000) A M Realty 0.49 unch 0 Abric Bhd 0.35 unch 0 Advance Synerg 0.25 0.01 6581 Adventa Bhd 2.25 -0.02 96 Ae Multi Hldgs 0.31 unch 95 Affin Holdings 3.50 0.01 632 Ahmad Zaki Res 0.88 unch 57 Aic Corp 1.18 unch 0
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  • MALAYSIA/INDONESIA
    • 416 17 This gives central bank leave to put rates on hold in May Reuters [JAKARTA] Indonesia’s annual inflation slowed further in April as food prices eased, giving the central bank room to leave rates on hold again this month, though economists still expect a
      Reuters  -  416 words
    • 346 17 Bloomberg [JAKARTA] Cocoa-bean shipments from Indonesia’s main growing provinces on Sulawesi island slumped 86 per cent in April from a month earlier as exporters delayed sales to benefit from lower tax and as bad weather reduced supplies. Exports from Central and South Sulawesi
      Bloomberg  -  346 words
    • 541 17 The Thomson Line, to be built by 2018, will have a station facing Johor Bernama [JOHOR BARU] Johor’s Menteri Besar Abdul Ghani Othman said that the state’s rapid transit system (RTS) is likely to link up with the Thomson MRT Line in
      Bernama; FILE PHOTO  -  541 words
  • Page 17 Advertisements
    • 144 17 KIM JOON-IL'S LOCK ON KOREA'S RICHEST MAY 2011 WWW.FORBES.COM Forbes Asia THE GLOBAL 2000 OUR ANNUAL ACCOUNT OF THE WORLD'S BIGGEST PUBLIC COMPANIES FOUR MEN AT THE HUB OF CORPORATE AND SOCIETAL CHANGE I V PETER LOSCHER ANAND MAHINDRA PAUL OTELLINI WESLEY BATISTA Siemens equips cities M&M accelerates Intel, pulse
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  • GREATER CHINA/INDIA
    • 515 18 Final tally of US$245.9b beats govt’s forecast; imports up 22% Reuters [NEW DELHI] India’s exports surged to record high growth of 37.6 per cent in the fiscal year 2010/11, the government said in a statement yesterday, as demand soared for engineering
      Reuters; REUTERS  -  515 words
    • 351 18 AFP Reuters [NEW DELHI] India yesterday gave final approval to South Korea’s Posco to build a giant US$12 billion steel plant, the country’s biggest foreign investment deal since the launch of market reforms in 1991. The plant, in the eastern
      AFP; Reuters  -  351 words
    • 339 18 Reuters [SHANGHAI] The United States collaborated with Saudi Arabia to increase crude oil supplies to China at the expense of Iran, US diplomatic cables show. The move was designed to hurt Iran and win Beijing’s support for sanctions against
      Reuters  -  339 words
  • Page 18 Advertisements
    • 26 18 44 Some... necessities 1 lea< ito„ luxuries!' Ki OUT IWT 11 VIEWS HIOM THE TOT SINGAPORE MMT ESSENTIAL READING FOR BUSINESS. CALL 6388 3838 TO SUBSCRIBE.
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  • BEST EMPLOYERS 2011
    • 554 19  -  Winners of the best employers awards go all out to engage their employees who make the companies’ business their business All reports by CHUANG PECK MING THESE are the employers who won the hearts and minds of employees, securing their loyalty and spurring
      554 words
    • 283 19 STAFF who go the extra mile at the Ritz-Carlton, Millenia Singapore will have their ‘Wow’ stories told in the hotel’s daily newsletter. If anyone misses the newsletter, he gets to read the stories on a specially dedicated notice board. And just to be sure,
      283 words
    • 264 19 AT Hilti Far East, staff encourage each other by catching people doing the right things. That’s how the company, which supplies leading-edge technology to the construction industry, gets to recognise team members who achieve great results. And that’s how it gets employees to
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    • 355 19 STAFF at Singapore Marriott Hotel get a taste of first-class hotel living in Club B2, a plush space in the hotel that’s dedicated to them. The staff lounge, given a $1 million makeover in 2008, was fitted with a $100,000 state-of-the-art gym last
      355 words
    • 273 19 AMERICAN Express doesn’t see itself as simply a credit card issuer, but a global service company providing customers “access to products, insights and experiences that enrich lives and build business success”. “We offer the broadest array of payment, expense management and travel
      273 words
    • 287 19 WITH 9,300 employees on its payroll, Citibank is the biggest banking employer in Singapore. A bank like Citi is used to routinely handling large numbers when it comes to money. But in shaping up a first-rate banking salesforce, let alone managing a staff of that
      287 words
    • 246 20 ROOM to be yourself is a promise InterContinental Hotels Group (IHG) makes to its staff. It’s IHG’s way of telling employees that the hotel group is “committed to value individual passions and talent of our people”. “Our people are at the heart of
      246 words
    • 322 20 BAIN Company doesn’t need to be reminded that having a dedicated and well-trained staff is good for business. The company, after all, is in the business of dispensing business advice. Many other businesses can’t put the blame immediately on workmanship for
      322 words
    • 376 20 It believes that every employee who walks through its doors can be a manager and become the leaders of tomorrow in the hamburger chain OVER half the managers at McDonald’s restaurants in Singapore started out as crew workers. They live up to McDonald’s belief that
      376 words
    • 166 20 SINGAPORE Food Industries’ approach to doing business is simple treat your employees well and they will work hard for the company. The food company practises work-fami-ly life balance and pushes for a healthy and active lifestyle, which includes hosting recreational and sports events for
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    • 165 20 SINGAPORE Prison Service is the first pub-lic-sector agency here to bag the Aon Hewitt Best Employer Award and it has won it three times. Leadership training, coaching and staff well-being are high on its list of people practices. SPS’ leadership development roadmap equips its
      165 words
    • 263 20 THE Economist magazine recently spoke glowingly of the Institute of Technical Education’s little known but unique role in Singapore’s economic success. Praise from The Economist is only the latest in a string of accolades for ITE. And they are not confined to ITE’s feat
      263 words
    • 298 20 TATA Consultancy Services’ biggest asset is the IT service provider’s diversity. And one of the biggest headaches it faces in protecting its diversity is to keep women from dropping out to raise a family. TCS’s answer to the problem is DAWN, or Diversity and
      298 words
    • 217 20 ALL of Federal Express’ promotions come from within the company. And two in three of the express delivery company’s managers, senior managers or chief executives started at the bottom, or in non-management positions. For instance, FedEx’s president for the Asia-Pacific region, David Cunningham, first
      217 words
    • 1016 21 Our purpose at Hilti is to passionately create enthusiastic customers and build a better future. Hilti Far East has been striving for this vision since 1968 when we first established ourselves here in Singapore. In promoting this worthwhile work, we firmly believe in cultivating a
      1,016 words
    • 471 21 Organisational culture is critical to help us achieve our purpose statement of creating enthusiastic customers and building a better future. Our people are aligned towards one vision and in the way we work. Our team camps play an important role to sustain our culture, which we call
      471 words
    • 1494 22 Intercontinental Hotels Group *****11 IHG (Intercontinental Hotels Group) is the world's largest hotel company by number of rooms. With a portfolio of well recognised and respected hotel brands in over 100 countries and territories, IHG operates over 4,400 hotels under the Intercontinental, Hotel
      1,494 words
    • 905 23 Experience Stellar Career Growth Opportunities Working with a Globally Local Multinational in Singapore Tata Consultancy Services (TCS), a leading global IT services, business solutions and outsourcing organization, is the proud recipient of the Aon Hewitt Best
      905 words
    • 500 24 Singapore Marriott Hotel has an unshakeable conviction that "our people are our most important asset" and this drives them to provide an environment that supports associates growth and personal development with a home-like atmosphere and friendly workplace relationships. The bedrock of the company's success has
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    • 299 24 "From the time of Tang Holdings' founder, CK Tang, the Tang Group has had a culture of taking care of our people. Mr CK Tang always looked into the welfare of individual staff members. In fact, Mrs Tang was even known to have steamed
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  • Page 22 Advertisements
    • 25 22 H3 Intercontinental Hotels Group 0 INTERCONTINENTAL SINGAPORE CROWNE PLAZA CHANGI AIRPORT '3 1 f (f HOTELS RESORTS ATRIUM SINGAPORE Holiday Inn SINGAPORE ORCHARD CITY CENTRE
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  • Page 24 Advertisements
    • 91 24 Km F I r i I w J 3 I -r A CELEBRATION OF THE DIVERSE TALENTS BEHIND OUR LEGENDARY SERVICE. Whether for business or leisure, each visit to The Ritz-Carlton, Millenia Singapore is simply unforgettable. Our uncompromising commitment to excellence has won the hearts of our greatest advocates. Thank
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  • WORLD
    • 550 25 With Cephalon, Teva would have US$7b in branded-drug sales a year Bloomberg [BERLIN] Teva Pharmaceutical Industries Ltd, the world’s largest genericdrug maker, agreed to buy Cephalon Inc for US$6.8 billion, trumping a hostile offer from Valeant Pharmaceutical International Inc. The boards of Teva and
      Bloomberg  -  550 words
    • 492 25 Construction spending also up more than forecast LATEST US DATA Bloomberg [WASHINGTON] US manufacturing cooled in April to a pace that’s consistent with steady growth in the industry that’s leading the expansion. The Institute for Supply Management’s (ISM) manufacturing index fell to
      Bloomberg  -  492 words
    • 473 25 Plan in response to influx of migrants from North Africa Reuters [BRUSSELS] The European Union (EU) executive is considering allowing member states to reinstate some border controls, its president said on Sunday, responding to demands for more national power to stem immigration. The
      Reuters  -  473 words
    • 466 25 Reuters AFP [BERLIN] The head of Europe’s rescue fund was quoted on Sunday as telling a German newspaper that he believes that banks are encouraging talk of a possible Greek debt restructuring because they are hoping
      Reuters; AFP  -  466 words
    • 664 25 Bloomberg [NEW YORK] Charles Munger, whose Berkshire Hathaway Inc holds US$5 billion of options on Goldman Sachs Group Inc stock, said the role of investment bankers in helping to mask Greece’s financial troubles was “perfectly disgusting”. “Wall Street to some extent is deliberately
      Bloomberg; BLOOMBERG  -  664 words
    • 558 26 Higher output in Germany, France drives more than expected April acceleration Bloomberg [BRUSSELS] European manufacturing growth accelerated more than estimated in April, driven by higher output in Germany and France, suggesting that the region’s economy is weathering surging energy costs. A gauge of manufacturing in the
      Bloomberg  -  558 words
    • 512 26 Slumping consumer spending may undermine recovery Bloomberg [TOKYO] Japan’s wages slid for the first time in 13 months in March, underscoring the risk that slumping consumer spending may undermine the recovery from an earthquake that left more than 25,000 people dead or missing.
      Bloomberg; REUTERS  -  512 words
    • 583 26 Bloomberg [TOKYO] Nomura Holdings Inc, the Japanese investment bank that has lost money for four straight quarters overseas, may face added pressure to boost profit as the country’s worst postwar disaster weighs on operations at home. Net income fell 35 per cent to
      Bloomberg  -  583 words
    • 585 26 Reu ters [TOKYO] Sony Corp will need time to restore trust in its online security systems as it prepares to restart its PlayStation video games network following the leak of personal details on 78 million user accounts. Many PlayStation
      Reuters  -  585 words
    • 670 26 Berkshire seeking deals in US, abroad as profit climbs Bloomberg [TOKYO] Warren Buffett, who cancelled a trip to Japan after the March 11 earthquake and tsunami, said his Berkshire Hathaway Inc would be “delighted” to invest in that nation and elsewhere in
      Bloomberg  -  670 words
    • 459 27 Hedge funds, Abu Dhabi vehicle, Swiss private banks are cornerstones Reuters [LONDON] An Abu Dhabi vehicle, big hedge fund managers and Swiss private banks are set to serve as “cornerstone” investors backing commodity trader Glencore’s US$12 billion flotation, a person familiar with the matter said.
      Reuters  -  459 words
    • 580 27 Reuters [ZURICH] Swiss Finance Minister Eveline WidmerSchlumpf does not think that UBS will leave the country if tough bank rules are adopted as Switzerland will still offer the bank better conditions than any other country. The Swiss government is pushing ahead with plans to
      Reuters; REUTERS  -  580 words
    • 408 27 Bloomberg [NEW YORK] Google Inc led Harris Interactive’s annual poll of corporate reputations, and Johnson Johnson kept its No 2 ranking after a year of product recalls. The two companies beat Warren Buffett’s Omaha, Nebraska-based Berkshire Hathaway Inc, which fell from
      Bloomberg  -  408 words
  • Page 25 Advertisements


  • Page 27 Advertisements
    • 1722 27 Registered Office: Piazza San Carlo, 156 *****Torino. Secondary Registered Office:Via Monte di Pieta, 8 ***** Milano. Intesa Sanpaolo S.p.A. Singapore Branch: 6Temasek Boulevard #42-04/05, SuntecTower Four, Singapore *****6 Consolidated Balance Sheet As of 31 December 2010 (in millions of Euro) 31.12.2010 31.12.2009 Assets Cash and cash equivalents 4,758 8,412 Financial
      1,722 words

  • EDITORIAL & OPINION
    • 438 28 EDITORIAL THE Maritime and Port Authority of Singapore (MPA) deserves a pat on the back for its organisation of the annual Singapore Maritime Week. A series of events last month provided opportunities for industry leaders to discuss and analyse shipping issues as well as
      438 words
    • 788 28  -  THE BOTTOM LINE WILLIAM PESEK JR The writer is a Bloomberg News columnist. The opinions expressed are his own IF President Benigno Aquino wonders why the Philippines isn’t shaking its junk-bond status, a visit to the local supermarket might set
      788 words
    • 924 28  -  The right board can be a key asset that helps ensure the likelihood of a successful listing By KATHRYN YAP The writer is managing partner, CTPartners in Singapore. She has nearly 20 years of experience in placing CEOs, CFOs, COOs, CIOs and members of
      THE STRAITS TIMES FILE PHOTO  -  924 words
    • 791 29  -  By ANOOP SINGH The writer is director, Asia and Pacific Department of International Monetary Fund ASIA’S swift and strong recovery from the global recession continued in 2010 and into 2011. As noted in the International Monetary Fund’s latest Economic Outlook for Asia and the
      791 words
    • 1751 29  -  Panel drawing up ambitious US$300b reconstruction master plan faces political, financing hurdles ANTHONY ROWLEY Tokyo Correspondent IT WILL take up to ten years to reconstruct property, infrastructure and communities along Japan’s ravaged northeast coast that were devastated by the March 11
      AFP  -  1,751 words


  • AVIATION
    • 476 30 Plan for next line of 737 up in the air but union wants plant to stay put in state Reuters [CHICAGO] Boeing is months from deciding how to update the next line of its best-selling 737 narrowbody airplane, but its Wash-ington-based work
      Reuters; REUTERS  -  476 words
    • 414 30 Pilots’ strike has entered sixth day Xinhua AP Bloomberg [NEW DELHI] India’s national carrier Air India yesterday cancelled 90 per cent of its flights across the country as the pilots’ strike entered the sixth day, a spokesman said. “We have curtailed 90 per cent
      Xinhua; AP; Bloomberg; AFP  -  414 words
    • 3206 30 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 KU6458 1415 SQ458 1415 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 9W4081 1820 AF8087 1820 AY5012 1820 BA7381 1820 JL7892 1820 MU8440 1820 QF81 1820 Ahmedabad NH6292 1855 --SQ530 1855 Amsterdam
      3,206 words
    • 319 30 AP [GAUHATI, India] Thousands of rescuers fanned out on foot across the mountainous India-Bhutan border as two helicopters searched from the sky yesterday for a chopper that disappeared while carrying the top official of India’s northeastern state of Arunachal Pradesh. The single-engine helicopter
      AP  -  319 words
    • 366 30 Bloomberg [NEW YORK] Air accident investigators recovered the flight data recorder from the Air France plane that plunged into the South Atlantic in 2009 and said they won’t know for another week whether its memory survived the crash. A robotic submarine
      Bloomberg  -  366 words
  • Page 30 Miscellaneous
    • 354 30 CRYPTIC CROSSWORD Across 1 Upper House journalists regularly quarrel to get influence (4,8) 9 No mum gets worried in, say, London society (9) 10 Exclaims that male is discharged from offences (5) 11 Idiot welcomes return of information technology application (6) 12 Violent pub full of old swine (4,4) 13
      354 words

  • Page 31 Advertisements
    • 56 31 Legal services required by shippers owners Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620
      56 words
  • SHIPPING
    • 3104 31 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination SIAM JADE Muscat/Sharjah/Doha/Bahrain/Dammam
      3,104 words
    • 440 32 Only 108,824 units were sold in April, down 51 per cent from a year earlier AFP [TOKYO] Japan’s domestic sales of new cars, trucks and buses logged their big-gest-ever drop in April, an industry group said yesterday as the March quake and tsunami hit
      AFP; REUTERS  -  440 words
    • 241 32 AFP [BEIJING] China is stepping up its maritime surveillance by hiring more staff and increasing the number of inspection ships, state media said yesterday, amid deep-sea territorial disputes with neighbouring nations. China Marine Surveillance, the country’s ocean monitoring agency, will hire
      AFP  -  241 words
    • 274 32 SGX '000 Ap 29 CH Offshore 0.45 unch 18 Chuan Hup Hldg 0.22 -0.01 28 Cosco Corp 2.22 -0.08 ***** CWT Ltd 1.30 -0.07 2656 Ezra Hldgs 1.65 -0.01 2646 First Ship Lea 0.41 0.01 405 Freight Links 0.07 unch 2525 Grand Banks 0.40 unch 225 Jaya Hold
      274 words
    • 435 32 Figure reflects end effects of the French scrappage scheme Reuters [PARIS] French car sales fell 11.2 per cent in April, showing the effects of the end of France’s scrappage scheme, in a dip overshadowed by the 51 per cent plunge in Japan’s
      Reuters; BLOOMBERG  -  435 words
    • 257 32 Reuters [MELBOURNE] Australian rail and ports operator Asciano Ltd expects full-year earnings to fall just short of analyst expectations after severe weather cut supplies of coal available for its customers. Asciano said it expects business conditions to slowly improve in the quarter to June 30
      Reuters  -  257 words


  • SINGAPORE STOCKS
    • 8815 33 Week ended: Apr 29 52-wks Last Vol Week Last Quote Div GrYld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 17cd -0.5 150 17 17 16.5 17.5 7.8 3.6 3.6 81.4 12 4.5 A-Sonic 7.5cd +0.5 1071 7.5
      8,815 words
    • 1761 34 52-wks Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 6.5 4 t AA Grp 4.5 +0.5 363 4.5 4 4 5 21.4 4.3 205 145 t APStrategic 160 -10 15 168 160 159
      1,761 words
    • 115 34 Stock name Close Change CapMallsAsia 1.770 CapitaLand 3.400 -0.020 CapitaMall 1.890 +0.020 CityDev 11.840 +0.100 ComfortDelGro 1.530 -0.020 DBS Grp 14.980 +0.060 F&N 6.270 -0.010 GLP 1.930 -0.020 Genting SP 2.170 -0.030 Golden Agri 0.665 -0.005 Stock name Close Change HK Land 7.490 +0.090 JMH 48.000
      115 words
    • 2639 34 Transaction date: Apr 29 HONG KONG Vol HK$ +/-'000 Aeon Credit 6.18 0.06 0 Aeon Stores 16.20 0.06 0 Angang Steel 9.97 -0.09 8256 Anhui Conch 36.65 1.00 ***** Anhuiexpresswa 6.50 -0.04 1618 Asia Satellite 16.46 unch 12 Asm Pacific 104.40 0.10 368 Bank Of E Asia 32.10
      2,639 words
    • 244 34 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A49.5 -3.5 12 51 49.5 49.5 52 3.6 7.1 4 128.9 55 16 Genting HK US$ US42 -2 ***** 45 42 42 42.5 2765.5
      244 words
    • 186 34 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 10 2 0 0 0 5 10 2 Manufacturing 57 112 48 7 15 22 64 127 70 Commerce 22 36 21 5 7 6 27 43 27 Tpt/Stor/Comms 9 27 10
      186 words
    • 926 34 52-Wk Last Vol Week Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 117 +5 38 117 113 110 117 534.1 1075 761 CIMBAsean40 100US$ US1069 +9 2 1069 1062 1063 1071 42.8
      926 words
    • 121 34 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 243,464 243,464 598,772 598,772 Manufacturing 1,144,528 60,544 1,205,072 1,026,897 6,506 1,033,403 Commerce 450,580 24,011 474,591 611,144 9,919 621,063 Tpt/Stor/Comms 691,653 52,111 743,764 1,040,925 4,845 1,045,770 Finance 99,323 99,323 999,060 999,060 Construction 113,157 4,509 117,666 36,253
      121 words

  • Page 34 Advertisements
    • 22 34 Insiders' trades. Brokers' recommendations. Dividend table.The pages also cover transactions by directors and substantial shareholders. In other words, news you can use.
      22 words

  • FINANCE & COMMODITIES
    • 374 35 In local curr In S$ In US$ dy yr dy yr dy yr Apr 29 Index Change Change Change Change Change Change World Index Preliminary 943.7 0.1 5.1 -0.3 3.4 0.2 8.4 EAFE Preliminary 815.5 0.0 1.8 -0.2 3.4 0.3 8.4 Europe Preliminary 1220.3 0.2
      374 words
    • 180 35 Apr 29 $S Offer Bid 0vernight 0.01 PAR 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.20 US$ Offer Bid 7 days 0.23 0.13 1 month 0.33 0.23 2 months 0.38 0.28 3 months 0.42 0.32 6 months 0.52 0.42 9 months 0.75 0.55 12
      180 words
    • 22 35 Apr 29 S$ Bid Offer 1-month 1.2258 1.2269 2-months 1.2258 1.2268 3-months 1.2257 1.2268 6-months 1.2254 1.2265 Source: OCBC
      22 words
    • 121 35 Apr 29 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.386 1.308 Can dollar 1.315 1.265 Euro 1.855 1.784 Sterling pound 2.082 2.002 NZ dollar 1.014 0.966 US dollar 1.244 1.197 Local dollars to 100 units of foreign
      121 words
    • 27 35 Apr 29 Open High Sett STI May 3159 SIMSCI May 372.2 374.4 370.6 Taiwan May 319.8 320.8 319.9 Source: MF Global (S) Pte. Ltd
      27 words
    • 65 35 Apr 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 11 3363 3370 3363 3335 166 5777 Jun 11 3271 3300 3300 3264 2693 ***** Jul 11 3243 3270 3275 3237 ***** ***** Aug 11 3233 3256
      65 words
    • 408 35 May 2 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.7050 0 3713 Sep11 99.6450 0 2361 Dec11 99.5450 0 1233 Mar12 99.3850 0 5426 EUROYEN TIBOR FUTURES Jun11 99.6750 99.6750 99.6750 99.6750 0 5402 Sep11 99.6725 0 1533 Dec11 99.6700 0 1944 Mar12 99.6575 0
      408 words
    • 182 35 Apr 29 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 11 548.0 545.0 545.0 12 68 Jun 11 545.0 543.0 543.0 36 167 Jul 11 536.0 535.0 535.0 24 134 Aug 11 521.0 521.0 521.0 14 53 Sep
      182 words
    • 81 35 Apr 29 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 28.07.2011 0.27 0.22 0.22 1-Year BY*****X 02.05.2012 0.44 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.21 5-Year N*****0W 1.125 01.04.2016 100.12 100.27 100.20
      81 words
    • 107 35 Apr 29 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1392.75 1350.25 1393.50 1341.75 Jul 11 1394.00 1353.50 1395.00 1345.50 Aug 11 1391.25 1351.75 1392.50 1348.00 Sep 11 1381.50 1344.00 1381.50 1338.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 58.13
      107 words
    • 77 35 CRUDE OIL PRODUCTS Apr 29 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 125.84 -0.46 WTI (Near Mth) 113.66 0.81 Dubai (1-Mth F) 119.14 -0.42 Tapis blend 132.26 -0.55 Minas 128.66 -0.55 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 120.44 -0.28 Jet Kerosene 140.40 -0.50 US$/barrel Opec Oil
      77 words
    • 2882 35 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 20.5 -2 139 1 10 -13 1.71 55 Asia-Pacific Strategic W*****6 24 1 150 9 6.67 37 ASJ Hldgs W*****1 1.5 1 4 10 3.33 10 AlliedTech W*****2
      2,882 words
    • 464 35 Apr 29 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.040 7.092 0.736 8.488 48.426 93.591 0.891 11.687 3.238 1.359 92.483 46.766 1.340 7.238 0.953 31.285 32.663 0.655 1.092 Canada 0.962 6.820
      464 words
    • 85 35 Apr 29 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 35 Apr 29 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3386 1.3406 1.0920 1.0928 Canadian dollar 1.2875 1.2887 1.0503 1.0504 Euro 1.8187 1.8206 1.4837 1.4840 NZ dollar 0.9851 0.9861 0.8036 0.8038 Sterling pound 2.0427 2.0447 1.6664 1.6667
      154 words
    • 140 35 Apr 29 GOLD (US$/oz) Apr 28 Apr 29 Hong Kong 1533.50 1533.60 Apr 27 Apr 28 London 1506.61 1535.40 1507.38 1536.20 Source: Thomson Reuters CAST BAR Apr 29 (S$) Selling Buying Kilobar 64,893 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 145 61 5gm 413 303 10gm 737
      140 words
    • 69 35 Apr 28 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2758.75 2736.00 3 months 2767.00 2744.00 Copper, Grade A (US$/tonne) Cash 9296.00 9297.00 3 months 9320.00 9321.00 Lead (US$/tonne) Cash 2506.25 2519.50 3 months 2491.00 2498.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 82 35 Apr 28 COCOA (£/tonne) Close Prev High/Low May 11 1975 1916 1975/1903 Jul 11 1981 1927 1992/1917 Sep 11 1993 1944 2007/1933 Dec 11 2015 1965 2028/1957 COFFEE (US$/tonne) Close Pev High/Low May 11 2531 2510 2543/2515 Jul 11 2555 2536 2572/2541 Sep 11 2575 2555 2589/2565 Nov 11
      82 words

  • PROPERTY
    • 538 36 Colony was created in 1971 when hippies took over an abandoned navy fort AP [COPENHAGEN] Residents of a hippie enclave in the Danish capital announced on Saturday they had agreed in principle to a deal that will allow them to collectively buy the former naval
      AP; AFP  -  538 words
    • 638 37 Chief minister says demand for houses, land in zone is boon to people of Johor Bernama [JOHOR BAHRU] The roll out of infrastructure projects in Iskandar Malaysia is fuelling demand for houses, land, and properties in the economic zone, resulting in price appreciation. This trend
      Bernama  -  638 words
    • 287 37 The bank will take over as much as 1t won of non-performing debt Bloomberg [SEOUL] South Korea will establish a bank next month to purchase soured loans owed by builders and developers, the nation’s financial regulator said. The bank will
      Bloomberg  -  287 words
    • 603 37 Bloomberg [SYDNEY] Blackstone Group LP agreed to buy Valad Property Group for about A$700 million (S$939 million) in its second deal with a distressed Australian property company in less than two months. The world’s largest pri-vate-equity firm will pay A$1.80 a share, 56 per
      Bloomberg; BLOOMBERG  -  603 words
    • 1648 38 Housing ministry recently announced plans to build a million affordable homes in 22 cities across the country AP [CAIRO] From the roof of the house in which he lives, Mohammed Hassan can see some of central Cairo’s most prized real estate. A five-star hotel sits
      AP  -  1,648 words
  • Page 36 Advertisements
    • 219 36 Estate Agent Licence No. L*****36J FOR SALE BY TENDER PRIME RESIDENTIAL REDEVELOPMENT SITES IN DISTRICT 10 DYNASTY GARDEN ADJOINING SITE Nanyang Girlsʼ High Sch Methodist Girlsʼ Sch PIE National JC D u n e a r n R d Raffles Girlsʼ Pri Sch B t T i m a h
      219 words
    • 242 36 FOR SALE CITY HOTEL AND CAR PARK OPPORTUNITY THE NEW ESPLANADE HOTEL NEW ESPLANADE HOTEL 18 The Esplanade, PERTH WA 67 guest rooms, 93%* occupancy Financial YTD February 2011 Land Area of 1,452 sqm* Adjoining 144 bay car park with rental income of $830,000pa* Sensational CBD location adjacent to Perth
      242 words
    • 255 36 aft*, STRATEGICALLY LOCATED V" OFFICE SPACE AT 3 RAFFLES PLACE, BHARAT BUILDING, SINGAPORE CENTRALLY LOCATED: Adjacent To Republic Plaza TRANSPORTATION: Ell Bharat Building Taxi Stand At The Entrance Raffles Place MRT Station 1 (One) Minute Walking UNFITTED UNIT Design It To Your Suitability And Style AIRCON: Centrally Air-conditioned FLOOR SPACE
      255 words

  • Page 37 Advertisements
    • 70 37 CLEMENCEAUAVEU/C PHOLI HAVELOCK RD SEACARE HOTEL U/C PROPOSED HOLIDAY INN EXPRESS DEVELOPMENT JLN KUKOH CHINSWEERD SWEERD CTE CHIN HOTEL RE OUTRAM PARK LANDMARK TOWER OUTRAM CENTRAL MALL MagazineRd ERP Gantry CHIN SWEE RD HAVELOCK RD UPPER CROSS STATTAN MANHATTAN HOUSE PEARL’S HILL RD Subject Property CROSS TERRACE TERRACE PEARL’S ST
      70 words
    • 213 37 Estate Agent Licence No. L*****36J FOR SALE BY TENDER PRIME RESIDENTIAL REDEVELOPMENT SITE AT RIVER VALLEY RIVIERA POINT Centrepoint 313@Somerset Rd Somerset MRT Killiney Cl River Valley Pri Sch Valley Orchard Rd Somerset Rd Residences@Killiney River Valley Rd Rd Subject Site Yan River Martin Place Residences CBD Kim Robertson Quay
      213 words

  • Page 38 Advertisements
    • 102 38 asia. WSJ. com expand its in China by 10%" "Toshiba aims for 3-D innovation" "Huawei and ZTE take aim at smartphones" looks to invest heavily" Your Business is Our Business. From finance to politics, management to technology, you can count on The Wall Street Journal Asia to give you the
      102 words