The Business Times, 21 July 2011
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2011-07-21
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The Business Times
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Title Section23 2011-07-21 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, July 21, 201123 words
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Article, Illustration766 2011-07-21 1 MICHELLE QUAH - Law Minister Shanmugam tells BT that PRs own just 3.5% of landed homes, including those at Sentosa Cove, and this approach will stay By MICHELLE QUAH [SINGAPORE] The Singapore government has come out to say that landed property in Singapore will remainBLOOMBERG FILE PHOTO - 766 words
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Article144 2011-07-21 1 GST INDEX 3,126.53 (+30.41) G ST INDEX FUTURES 3,125 (+30) G SIMSCI 362.48 (+3.93) G SIMSCI FUTURES 362.20 (+3.50) FOREX US$ S$ US$ (S$ per US$) 1.215 (US$/S$ per 1.607 1.953 EURO (US$/S$/E) 1.418 1.722 Foreign currency per US$ S$ YEN 78.90 65.00 RM 3.001 2.470 HK$ 7.793144 words
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Article, Illustration462 2011-07-21 1 JOYCE HOOI - Tan Chong Meng to replace Eddie Teh, who will retire at the end of August By JOYCE HOOI [SINGAPORE] Tan Chong Meng, an executive vicepresident at Shell, has been tapped to be PSA International’s new group chief executive462 words
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Advertisement38 2011-07-21 1 BizIT Digital Realty banking on Asia boost PAGE 27 PHONE-HACKING Cameron grilled in Commons I PAGE 2 Wendi stands by her man I PAGE 15 Thank your lucky stars, or Old Guard, for clean govt I PAGE 2238 words
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Advertisement11 2011-07-21 1 S’PORE COMPANIES ICTSI extends Portek offer deadline PAGE 4 *****1 *****411 words
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Advertisement62 2011-07-21 1 OPINION All that glitters is gold, and gold only PAGE 22 -*v EST? 19 54 SINCERE fine watches SINGAPORE TAKASHIMAYA SHOPPING CENTRE TEL (65) 6733 0618 SUNTEC CITY MALL TEL (65) 6337 5150 SINCERE HALITE HORLOGERIE, THE SHOPPING GALLERY AT THE HILTON TEL (65) 6738 9971 MALAYSIA SURIA KLCC SHOPPING62 words
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Advertisement9 2011-07-21 1 SERVICE EXCELLENCE Closing the gap with rivals PAGES 16-179 words
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TOP STORIES
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551 2011-07-21 2 EMILYN YAP - Survey of 280 top MNCs shows more are in Asian cities than Western ones By EMILYN YAP [SINGAPORE] Hong Kong and Singapore have become the top two business locations in the world beating Western cities such as London and New York as multinational551 words
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Article, Illustration376 2011-07-21 2 ROBERT CYRAN - By ROBERT CYRAN REUTERS BREAKINGVIEWS APPLE is gorging on an all-it-can-eat Chinese buffet. The US$350 billion iPhone maker’s sales surged 82 per cent in the past quarter from a year earlier, to reach US$28.6 billion. Much of this eye-popping increase can be pinned on Asia whichREUTERS - 376 words
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441 2011-07-21 2 Profit doubles to US$7.3b driven by iPad, iPhone sales Bloomberg [SAN FRANCISCO] Apple Inc’s stock price jumped to more than US$400 for the first time, after record sales of iPhones and iPads helped third-quarter profit blow past estimates. Net income in theBloomberg - 441 words
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Article196 2011-07-21 2 AFP [KUALA LUMPUR] Malaysia Airlines chairman Mohamed Munir Abdul Majid will leave the flag carrier as it revamps its top team in an effort to return to profit. In a statement to the Kuala Lumpur stock exchange yesterday, the airline said that Mr Mohd Mu- nirAFP - 196 words
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Article56 2011-07-21 2 IN the report “Active in talent management” (BT, July 20), the correct weblink to the series of interviews is kpmg. com.sg/institutes. And in the report “Second consumer credit bureau opens” (BT, July 20), DP Credit Bureau, which began operations two years ago, has clarified that the launch on Tuesday56 words
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Article, Illustration742 2011-07-21 2 NEIL BEHRMANN - Furore over scandal worries investors as economy falters By NEIL BEHRMANN in London UK PRIME Minister David Cameron faced a grilling in parliament about his and the government’s relationship with key News International executives in the disgraced Murdoch media empire. The politicalAFP - 742 words
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Article464 2011-07-21 2 Landed property to remain preserve of S’poreans: minister THE Singapore government has come out to say that landed property in Singapore will remain the primary preserve of Singaporeans. In response to queries on the matter, Law Minister K Shanmugam told The Business Times that “the government takes a464 words
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469 2011-07-21 4 JOYCE HOOI - Meanwhile, Mitsui buys more shares on open market, raising its stake to 14.54% By JOYCE HOOI [SINGAPORE] The fat lady has not yet sung, as far as International Container Terminal Services, Inc (ICTSI) is concerned. The Philip-pine-listed port operator announced yesterday469 words
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668 2011-07-21 4 ANTHONY ROWLEY - Kazuo Shii’s comments fan fears that public not being told true situation By ANTHONY ROWLEY in Tokyo THE chairman of the Japanese Communist Party, Kazuo Shii, yesterday rejected Prime Minister Naoto Kan’s claim that the crippled Fukushima nuclear power plant is being brought668 words
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394 2011-07-21 4 SAMUEL EE - Reflects 17% cut in this category’s quota from Aug By SAMUEL EE [SINGAPORE] The premium for a big-car COE jumped yesterday in response to the impending 17 per cent cut in the number available for this category from next month onwards. A certificate of394 words
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Advertisement155 2011-07-21 3 THE JVASS IM WHEN LUXURY ISN'T JUST A PRICE, BUT THE PRIZE. The address doesn't simply speak of a location, but its place in history The lifestyle doesn't simply pursue happiness, but redefines it. This is, the prize of luxury. > r_ t mil n m 5 a El i'y155 words
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Advertisement190 2011-07-21 4 Singapore's 1 st Most Established Event for Sourcing Corporate Gifts, Premiums Branding Products Office Supplies Business Solutions GIFTS PREMIUMS FAIR Singapore Gifts Premiums Fair 12 th Singapore International Trade Exhibition for Promotional, Corporate, Incentive and Retail Gifts www.SGPFair.com Stationery&OfficeLink I I k I 1/ 11 th Singapore International Trade Exhibition190 words
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Advertisement196 2011-07-21 4 cimA SMa. ~2J Chartered Institute of Management Accountants Institute of Higher Learning The CIMA Professional Qualification Accelerate your career with a professional qualification from Chartered Institute of Management Accountants (CIMA) Why Study CIMA? CIMA provides you with: a professional qualification for business that is widely recognised by employers and fellow196 words
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COMPANY NEWS
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Article, Illustration645 2011-07-21 5 NISHA RAMCHANDANI - It launches its first major project in S’pore a spa at Marina Bay Sands By NISHA RAMCHANDANI LOCAL hospitality group Banyan Tree Holdings is on an aggressive expansion campaign, chalking up several noteworthy firsts along the way, including the launch of its first major BanyanMARINA BAY SANDS - 645 words
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Article, Illustration653 2011-07-21 6 VEN SREENIVASAN - Stock surges by up to 15% to $1.15 after holding at $1 for most of the day HOT STOCKS By VEN SREENIVASAN IN a surge which took many in the market by surprise and prompted a Singapore Exchange query, the stockSource: Bloomberg - 653 words
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569 2011-07-21 6 SIOW LI SEN - By SIOW LI SEN OCBC Bank shares surged 2.5 per cent in price yesterday amid heavy volume as investors expect the underperforming stock to do some catching up. The counter closed 24 cents higher at $9.67 with 16.32 million shares changing hands. The last569 words
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662 2011-07-21 6 KELLY TAY - HOCK LOCK SIEW By KELLY TAY LAST Friday, waste management company 800 Super Holdings made a strong trading debut, rising 43 per cent above its offer price to close at 31.5 cents per share. But investors should not assume that the same will662 words
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512 2011-07-21 6 CARINE LEE - Company plans to focus on its hard disk drive business By CARINE LEE CHEUNG Woh Technologies is relinquishing control in one of its twin growth drivers the automotive component arm in China to focus on its HDD business. The restructuring move will result512 words
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Article, Illustration638 2011-07-21 6 By reprioritising, Alliance Financial Group aims to please investors A special series brought to you by Bursa Malaysia and ShareInvestor Market speculation two months ago that Alliance Financial Group (AFG) was a potential takeover target sent its shares hurtling upwards by 13 per cent to638 words
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COMPANY BRIEFS
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111 2011-07-21 6 CHINA Yuanbang Property Holdings warned that it expects to post a loss for FY 2011. In its statutory filing with Singapore Exchange, China Yuanbang said: “As there was a delay in the handover procedures of the group’s project, Nanchang Phase II, comprising111 words
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92 2011-07-21 6 OTTO Marine’s unit, Karp Marine, has entered into vessel operating contracts worth a total US$15 million for three vessels, which will be deployed in West and South Africa, and the Middle East. “The contracts are expected to contribute positively to the company’s earnings92 words
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60 2011-07-21 6 CATALIST-LISTED Natural Cool Holdings said it expects to report a net loss for the six months ended June 30, 2011. It had posted a S$125,000 profit for the same period last year. In a filing with Singapore Exchange, the group said full details60 words
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493 2011-07-21 7 EMILYN YAP - New standard will show ‘lumpy’ profit, ‘more volatility in the group’s earnings’ By EMILYN YAP KEPPEL Land yesterday posted a drop in its bottom line for both the second quarter and first half, largely due to a change in accounting policies. For the493 words
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386 2011-07-21 7 LYNN KAN - By LYNN KAN FIRST Ship Lease (FSL) Trust reported distribution per unit (DPU) of 0.95 US cents for its second quarter ended June 30, 2011 unchanged from before. Quarterly distribution was US$5.73 million, 0.8 per cent higher than US$5.69 million386 words
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386 2011-07-21 7 JOYCE HOOI - Trust’s distributable income also inched up 2% at US$4.8m By JOYCE HOOI PACIFIC Shipping Trust (PST) declared a distribution per unit (DPU) of 0.809 US cent for its second quarter, a 2 per cent increase year on year. The DPU translates to386 words
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Advertisement369 2011-07-21 5 e/i //aiii/ The Luxury Of Resort-Style Living. Right At Home. Spacious Choice Units With Best Views, Starting From S$3.887M at S$1,050.00 psf. High expected yield of about 5% p.a. based on 1 expected rental of S$15K S$16K per mth. Eleven@Holland, a cluster of stylish semi-detached residences set in upscale Bukit369 words
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Advertisement234 2011-07-21 7 KAT3 NOTICES LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid:Name of Company Certificate No. In the Name of No. of Shares ComfortDelGro *****47/156 Sunbird Private Limited 10 x 500 Corporation Limited -do-*****40 -do-1 x 5,000 -do-*****18 -do-1 x 10,000 SBS Transit Ltd *****82 -do-1234 words
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Advertisement94 2011-07-21 7 Investment^Trends MARKETS Singapore's Best CFD provider for Customer Satisfaction a IG Markets ranked first for overall customer satisfaction.* Clients praised our value for money and tight spreads. We also ranked first for our easy-to-use platform and professional charts. Find all you need to get started at igmarkets.com.sg or call 639094 words
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SINGAPORE MARKETS
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Article, Illustration570 2011-07-21 8 R SIVANITHY - US stocks rise on better-than-expected corporate earnings and possible breakthrough in debt ceiling impasse STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) yesterday managed a 30.41 points rise to 3,126.53 in response to Wall Street’s rally on Tuesday that came because ofSource: Bloomberg - 570 words
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Article186 2011-07-21 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 2 4 0 0 0 10 2 4 Manufacturing 72 37 44 3 9 7 75 46 51 Commerce 29 10 22 5 4 2 34 14 24 Tpt/Stor/Comms 21 9 11186 words
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Article121 2011-07-21 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 38,836 38,836 104,258 104,258 Manufacturing 216,812 32,372 249,184 207,930 406 208,336 Commerce 182,814 6,546 189,360 180,107 648 180,755 Tpt/Stor/Comms 242,967 1,956 244,923 354,072 269 354,341 Finance 32,313 32,313 336,389 336,389 Construction 43,792 22,309 66,101 15,426121 words
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Article114 2011-07-21 8 Stock name Close Change CapMallsAsia 1.455 +0.005 CapitaLand 2.890 -0.020 CapitaMall 1.925 -0.010 CityDev 10.270 +0.130 ComfortDelGro 1.430 +0.020 DBS Grp 14.960 +0.160 F&N 5.930 +0.170 GLP 2.010 +0.020 Genting SP 1.780 -0.050 Golden Agri 0.715 +0.015 HK Land 6.630 -0.080 JMH 56.000 +0.290 JSH 32.290114 words
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Article66 2011-07-21 8 Jul 20 VALUE CLOSE BT OB/OS -419.00 +104.0 BT CADI -*****.00 +133.0 BT 10-day MA -*****.00 -42.00 FTSE ST Mid Cap 737.65 +5.76 FTSE ST Small Cap 512.25 +4.46 FTSE ST All Share 761.65 +7.14 FTSE ST China Top 244.67 +1.51 FTSE ST China 284.03 +0.91 FTSE66 words
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Article56 2011-07-21 8 VOLUME Genting SP 216,696,000 Golden Agri 95,949,000 NexGenSCom 61,184,000 TigerAir 53,533,000 Yangzijiang 46,640,000 Noble Grp 39,913,000 Sunmoon 36,750,000 SingTel 33,533,000 Ramba 33,493,000 PSL Hldgs 28,877,000 VALUE($) Genting SP 386,473,901 OCBC Bk 157,122,720 SingTel 108,789,950 DBS Grp 103,903,460 Noble Grp 72,361,690 Golden Agri 68,018,620 Yangzijiang 63,636,220 Keppel Corp56 words
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BROKERS’ TAKE
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Article, Illustration367 2011-07-21 8 Keppel Telecommunications Transportation July 20 close: S$1.41 CIMB Research, July 20 KEPPEL Telecommunications and Transportation’s (KTT) Q2 FY11 core net profit (S$14.9 million, up 8.2 per cent year on year) came largely in line with our expectations. H1 core net profit formed 42 per cent of our FY11 estimate. KeySource: Bloomberg - 367 words
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Article, Illustration494 2011-07-21 8 LYNN KAN - Compiled by LYNN KAN July 20 close: $1.01 AMFraser Securities, July 20 WE initiate coverage on PEC Ltd with a “buy” and a fair value of $1.40. As at Q3 2011, PEC had about S$168 million of cash, equivalent to 67 cents per share, or about 70 per centSource: Bloomberg - 494 words
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Article, Illustration512 2011-07-21 8 AFP [LONDON] The European single currency firmed up yesterday in cautious trading on the eve of a crucial summit where eurozone leaders will try to clinch a new bailout for debt-riddled Greece. In late morning London deals, the euro climbed to US$1.4181AFP; REUTERS - 512 words
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Article109 2011-07-21 8 BY CENTS CLOSE UP IS DJ US Tech 6777 344.9 4.4 DBXT MSKorea 10US$ 6497 181.0 2.3 Jardine C&C 4700 114.0 2.5 JSH 3229 47.4 1.2 DBXT MSAsExJp 10US$ 3391 42.5 1.0 OCBC Bk.ES.1107 966 39.0 4.2 DBXT FTVietnam 10US$ 2726 35.2 1.1 DBXT MSTaiwan 10US$ 1961 35.2 1.5109 words
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Article120 2011-07-21 8 BY CENTS CLOSE DOWN GLD 10US$ *****-187.0 -1.0 DBXT S&P Short 10US$ 4176 -54.7 -1.1 DBXT Nifty 10US$ ***** -41.3 -0.3 Hyflux 6% CPS 10 ***** -11.0 -0.1 Petra 185 -11.0 -5.6 OCBC Bk 4.5%NCPS 100 ***** -10.0 -0.1 HK Land 663 -9.7 -1.2 Asia Pac Brew 2722 -8.0120 words
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SINGAPORE NEWS
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Article, Illustration683 2011-07-21 9 RONNIE LIM - Cost overruns at ethylene project is adding up for Shaw Group By RONNIE LIM CONSTRUCTION woes at an unnamed billion-dollar Singapore petrochemical project is costing US-based Shaw Group millions of dollars in cost overruns. Shaw chairman and CEO J Bernhard said that “the683 words
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Article237 2011-07-21 9 AFTER beating hundreds of hopeful applicants, 13 young men and women officially received scholarships from the Singapore Economic Development Board (EDB) yesterday afternoon. Six of the 13 will pursue science or engineering courses, while the remaining seven will read economics at either the US or237 words
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Article, Illustration307 2011-07-21 9 TAM YU LING - By TAM YU LING YOUNG entrepreneurs should regard uncertainty as an opportunity and not as a problem, says Minister of State for Trade Industry Teo Ser Luck. The incoming chairman of entrepreneurship movement Action Community for Entrepreneurship (ACE) was speaking yesterday at the 50th ACE307 words
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215 2011-07-21 9 CONRAD TAN - By CONRAD TAN ASPIRING homebuyers have put in bids for more than thrice the 3,556 flats offered under the HDB’s latest build-to-order projects. By 5pm yesterday, the Housing Development Board had received a total of 11,548 bids for the seven projects, located in Bukit215 words
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Article, Illustration505 2011-07-21 9 MALMINDERJIT SINGH - Second edition will list more firms with more information By MALMINDERJIT SINGH CONSUMERS and business partners will soon have access to information on the estimated 4,000 Indian companies in the country through the Directory of Indian Companies in Singapore. Published by the Singapore Indian505 words
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SINGAPORE ROUNDUP
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52 2011-07-21 9 THE Singapore Tourism Board launched yesterday an arts and entertainment event concierge, TicketCube. Located at Orchard Road, TicketCube will be a platform to aggregate four local ticketing service providers ApeSnap, Gatecrash, Sistic and TicketBooth. Concierge officers will also be on hand to offer information and recommendations52 words
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Article57 2011-07-21 9 THE 12th Singapore Gifts and Premiums Fair will run in conjunction with Stationery Officelink 2011 at Marina Bay Sands on July 20-22. The fair will consolidate stationery, premiums and gift suppliers under one roof to be the one-stop trade event for industry players.57 words
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Page 9 Advertisements
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Advertisement556 2011-07-21 9 FIRST SHIP LEASE TRUST (a business trust constituted on 19 March 2007 under the laws of the Republic of Singapore) Managed by FSL Trust Management Pte. Ltd. (“the Trustee-Manager”) NOTICE OF BOOKS CLOSURE DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN THAT the Transfer Books and Register of Unitholders of First556 words
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ECONOMY WATCH
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Article, Illustration663 2011-07-21 10 Investors, lawmakers welcome the plan which may spur new round of discussions Reuters [WASHINGTON] A bipartisan group of senators has offered an ambitious plan that could revive stalled US debt talks. Armed with this new template, President Barack Obama and congressionalReuters; AP - 663 words
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591 2011-07-21 10 Lack of regulatory support may cut CoCo market by half Bloomberg [LONDON] Global regulators’ decision to stop banks using contingent convertible bonds, also known as CoCos, to meet planned capital rules may cut the market for the securities by about half. Lenders willBloomberg - 591 words
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Article, Illustration574 2011-07-21 10 Reuters MATSUMOTO, Japan] The Bank of Japan will act flexibly and decisively with an eye on how rises in the yen, among other factors, are affecting the economy. The move signals a readiness to ease monetary policy further if the country’s recovery comesReuters - 574 words
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Advertisement330 2011-07-21 10 r mm S8~ A 3 ~i I SIII -jr m •-A —j n, g IC ul ■> r r -1 3 I r r" 4- -i 4 SSs's •V-iVEs tfffi mm A {0 14B2 4 g« *W ■TL--atfwggnjmn £f un •;■> r n SrgSga^- 1 w* rv„~\ j §4 J330 words
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MALAYSIA/INDONESIA
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Article, Illustration473 2011-07-21 11 Consumer prices rise 3.5% from a year earlier, the fastest pace in over 2 years Bloomberg Reuters [SINGAPORE] Malaysia’s inflation accelerated to the fastest pace in more than two years in June after power tariffs were raised, adding pressure on the central bankBloomberg; Reuters - 473 words
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306 2011-07-21 11 AFP [NUSA DUA, Indonesia] South-east Asian countries and China said yesterday they had made “significant” progress for cooperation in the South China Sea, but diplomats cautioned the deal was watered down. After nearly 10 years of talks, both sides announced atAFP - 306 words
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366 2011-07-21 11 M’sia will also start a cross-border clearance platform Bloomberg [JAKARTA] Malaysia will issue a licence for an Islamic “mega bank” in the third quarter of this year to help mobilise funds for businesses around the world, the country’s central bank governorBloomberg - 366 words
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Advertisement247 2011-07-21 11 FlexMe Office Space Solutions r k. M! MAL Cybercentre The Green Smart Office Address that works whenever you do GTower offers you a Grade A++ commercial space within the Kuala Lumpur City Centre (KLCC) business district. We are Malaysia's first Green building (Singapore BCA Green Mark Gold) and built to247 words
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Page 12 Advertisements
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Advertisement47 2011-07-21 12 Ift all Just as you rely on your surgeon to achieve the best results, you can turn to The Straits Times as a trusted source of news, views and reviews. about rTrust i V y 1 V. v 1 r J THE STRAITS TIMES. A publication of47 words
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GREATER CHINA/INDIA
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Article, Illustration892 2011-07-21 13 US firms have held back from investing in a US$150b nuclear deal due to legislative hurdles Reuters [NEW DELHI] US Secretary of State Hillary Clinton urged India on Tuesday to amend a law that has put off US companies from taking part in theReuters; BLOOMBERG - 892 words
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434 2011-07-21 13 Data may maintain pressure for more tightening Bloomberg [BEIJING] A Chinese leading indicator climbed for the third straight month, adding to evidence that the world’s second-biggest economy is withstanding Europe’s debt crisis and faltering growth in the US. The index rose 0.5 perBloomberg - 434 words
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Advertisement24 2011-07-21 13 Prices from £265,000 Exhibition details Saturday 23rd Sunday 24th July 2011, 11am 7pm Malaysia Room Level 5, Hilton Singapore, 581 Orchard Road, Singapore *****324 words
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WORLD
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Article, Illustration672 2011-07-21 14 It is spending US$200m in venture capital to discover the next big thing AP [MOUNTAIN VIEW, California] Google thinks that it can be young and crazy again. And it is betting US$200 million that it is right. In the hottest market for technology start-upAP; BLOOMBERG - 672 words
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495 2011-07-21 14 Reuters [SYDNEY] BHP Billiton, the world’s biggest miner, reported a faster-than-expect-ed recovery in production of steel-making coal from its flood-hit collieries in eastern Australia but warned it will take the rest of 2011 to return to full production. BHP said output ofReuters - 495 words
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217 2011-07-21 14 Reuters [SYDNEY] Australian farmers could lift output 70 per cent by 2050 using new technologies including genetically modified (GM) crops, officials told a farming conference here yesterday, although increasing pressure on land from mining stands in the way. Australia is the world’sReuters - 217 words
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Article, Illustration491 2011-07-21 15 Reuters [NEW YORK] With a tiger-like swipe at a protester, Wendi Deng became an unlikely hero in defence of her octogenarian husband Rupert Murdoch. The 42-year-old third Mrs Murdoch, who came from middle-class China to marry one of the world’s most powerfulReuters - 491 words
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Article, Illustration502 2011-07-21 18 LATEST US DATA Bloomberg [WASHINGTON] Sales of previously owned US homes unexpectedly declined in June to a sevenmonth low as the industry struggled to overcome rising unemployment and foreclosures. Purchases dropped 0.8 per cent to a 4.77 million pace, data from the National Association ofBloomberg; AFP - 502 words
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Article, Illustration546 2011-07-21 18 Options include 440b euro rescue fund lending to recapitalise banks Bloomberg [BRUSSELS] European officials are considering steps previously rejected by Germany, including the use of precautionary credit lines, to prevent the spread of the region’s debt crisis, a person close to the talks said.Bloomberg; AFP - 546 words
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Article, Illustration320 2011-07-21 18 Govt confident of an accord between Merkel and Sarkozy at today’s summit AFP [BRUSSELS] Germany switched signals yesterday, suggesting today’s summit of eurozone leaders will agree on a new Greek bailout, after the European Commission warned that Europe is at risk. The GermanAFP - 320 words
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Article186 2011-07-21 18 Reuters [WASHINGTON] US President Barack Obama will soon send free trade pacts with Colombia, South Korea and Panama to Congress for votes, White House Chief of Staff Bill Daley said on Tuesday, but doubts are building on its passage. Mr Daley, who last weekReuters - 186 words
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Advertisement48 2011-07-21 14 to our Independent Director Mr. Danny Heng Hang Siong <- t k. for winning Best CFO of The Year Eu Yan Sang International Ltd $300 million to less than $1 billion market capitalisation category SINGAPORE I CORPORATE 2011 AWARDS XA J£1 Since 1971 China Minzhong Food Corporation Limited www.chinaminzhong.com48 words
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Advertisement217 2011-07-21 14 SrflWS f SI (t iaajPSS35§# SINGAPORE CHINA (NINGBO) IMPORT AND EXPORT FAIR m 20 July 22 July, 2011 9am 6pm Suntec Singapore International Convention Exhibition Center (402 Hall) NSExpo2011 Singapore China (Ningbo) Import and Export Fair is organised by Ningbo Foreign Trade Economic Cooperation Bureau, China. With 3,300 sq.m. exhibiting217 words
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Advertisement9 2011-07-21 14 www.omy.sg^^| ■w mm mm showbiz.omy.sg O #AW O yzone.omy.sg9 words
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Advertisement2335 2011-07-21 15 Keppel Land Limited Co Reg No: *****0001G (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30 JUNE 2011 The Directors of Keppel Land Limited announce the following unaudited results of the Group for the half year ended 30 June 2011: Second Quarter Half Year2,335 words
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HOLISTIC SERVICE EXCELLENCE
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Article, Illustration891 2011-07-21 16/17 TEH SHI NING - Minister of State Lee Yi Shyan says that Singapore needs to ‘run fast to catch up’ with key rival markets in terms of service sector productivity, reports TEH SHI NING reports TEH SHI NING SINGAPORE urgently needs to raise productivity in its services sector, andYEN MENG JIIN - 891 words
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Article, Illustration1059 2011-07-21 16/17 MINDY TAN - A firm’s success in integrating innovation into its work culture boils down to its people, reports MINDY TAN reports MINDY TAN GOING forward, companies that successfully integrate innovation into their work culture are the ones that will succeed. However, the success of this integration boils downPHOTOS: YEN MENG JIIN - 1,059 words
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Article, Illustration603 2011-07-21 16/17 TEH SHI NING - By TEH SHI NING “DO what’s most important.” It may sound like common sense, but Valarie A Zeithaml cautions that companies in their quest for service excellence often forget that what they deem good may not always be what the customer wants. By identifying whatYEN MENG JIIN - 603 words
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Article, Illustration640 2011-07-21 16/17 MINDY TAN - By MINDY TAN FIRMS in pursuit of cold hard cash need to take a moment to appreciate previously sidelined “mushy” concepts such as branding alongside customer satisfaction if they want to succeed. Jan-Benedict Steenkamp from the University of North Carolina, who led a master classYEN MENG JIIN - 640 words
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Article, Illustration1063 2011-07-21 16/17 TEH SHI NING - By TEH SHI NING EXCELLENT service gives companies a competitive edge, and focusing on the customer experience is central to delivering that, a panel of service marketing academics and businessmen said. Discussing how firms can compete through service at one of the ISES GlobalPHOTOS: YEN MENG JIIN - 1,063 words
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Advertisement514 2011-07-21 18 MATS NOTICES (A business trust constituted on 25 April 2006 under the laws of the Republic of Singapore) Managed by PST Management Pte. Ltd. NOTICE OF BOOKS CLOSURE DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Unitholders of Pacific Shipping Trust (“PST”) will be514 words
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Advertisement55 2011-07-21 18 Heartbeat Of The Indian Community Incisive features from India, news about the local Indian community, as well as business, education, entertainment, food and sports... with an Indian slant of course. RAHMAN WANTSH* a yNGAWA'JiiS; -SCOHOm T.NDlANCOMMUNm THE HE" oaorsi*** lAUHO^r" 0 UTS'tAM MltOCCW presidential conversation For more details, call 917155 words
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Advertisement13 2011-07-21 18 THE OUTSIDER WHO BECAME QUEEN BOLLYWOOD’S DO-IT-ALL MAN GETYOUR COPYTOMORROW FROMALL 7-ELEVEN OUTLETS13 words
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Page 19 Miscellaneous
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Miscellaneous355 2011-07-21 19 CRYPTIC CROSSWORD Across 1 Criticise a church with a ‘miracle cure’ (7) 5 Tribal chief as executioner? (7) 9 Rose? No female to be put down (5) 10 Cast characters with pride into hell (9) 11 Dishes of scouse prepared with salt mixed in (10) 12 Dogs for instance will355 words
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AVIATION
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Article, Illustration608 2011-07-21 19 It eyes new partnerships, further joint ventures Reuters [SYDNEY] Globalisation is crucial for the survival of Qantas Airways, its CEO said, pointing to further partnerships with global airlines and expansion in Asia as part of a planned overhaul of its loss-mak-ing international operations. ChiefReuters; AFP - 608 words
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Article3283 2011-07-21 19 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 KU6458 1415 SQ458 1415 EY473 1955 NH6369 1955 VA7473 1955 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 18203,283 words
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489 2011-07-21 19 AP [DALLAS] American Airlines was planning to announce yesterday a major order of new planes that is likely to include aircraft from longtime supplier Boeing Co and from Europe’s Airbus, a person familiar with the matter said Tuesday. The move to acquireAP - 489 words
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732 2011-07-21 19 But it faces two problems: ageing fleet and delinquent customers Reuters [NEW YORK] AIG is looking at selling its airplane leasing business to the public, but it has to contend with two crucial problems ahead of the sale an ageing fleet and aReuters - 732 words
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Article3976 2011-07-21 20 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 JIMRISE Muscat/Sharjah/Doha/Dammam JIMFLUSH3,976 words
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Page 20 Advertisements
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Advertisement31 2011-07-21 20 Experienced St*l£p maintenance services wanted. Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE. CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIMES31 words
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SHIPPING
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544 2011-07-21 21 Earnings growth to slow in H2 as more vessels with lower price tags are built Bloomberg [SINGAPORE] Hyundai Heavy Industries, the world’s largest shipyard, said profit in the second quarter dropped 17 per cent as it built more ships that wereBloomberg - 544 words
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256 2011-07-21 21 Reuters [SHANGHAI] China’s Bohai Shipbuilding Heavy Industry will soon deliver its first mega bulk carrier to Berge Bulk, local media reported, a move that could put further pressure on the weak shipping sector grappling with overcapacity and depressed freight rates. The imminent arrivalReuters - 256 words
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Article, Illustration883 2011-07-21 21 New sea passage provides shorter supply route to Asia Bloomberg [MOSCOW] Russia plans to revive a Soviet-era Arctic sea passage to service energy projects and provide a shorter supply route to Asia for carriers such as OAO Sovcomflot as the shipping line plansBloomberg; BLOOMBERG - 883 words
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Article278 2011-07-21 21 SGX '000 Jul 20 S$ +/-Vol CH Offshore 0.43 unch 16 Chuan Hup Hldg 0.25 -0.01 225 Cosco Corp 1.79 0.02 ***** CWT Ltd 1.29 0.02 2436 Ezra Hldgs 1.25 -0.01 ***** First Ship Lea 0.35 unch 242 Freight Links 0.06 unch 1473 Grand Banks unch unch 0278 words
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Page 21 Advertisements
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Advertisement27 2011-07-21 21 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 132727 words
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Advertisement15 2011-07-21 21 Experienced shfp maintenance services wanted. Can they find your services here in the Shipping Times?15 words
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EDITORIAL & OPINION
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501 2011-07-21 22 EDITORIAL IN what is becoming a “race to the bottom” among the world’s leading currencies, the yen is a clear loser in more senses than one. Already at a record high of around 79 to the US dollar, it is running in the501 words
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Article, Illustration825 2011-07-21 22 DAVID MASON - THE BOTTOM LINE DAVID MASON The writer, a former partner with Price Waterhouse Singapore, is a UK-based business communications consultant. His email is david.mason466@btinternet.com THE last time I wrote an article for BT, it was about the danger of modern825 words
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Article, Illustration1292 2011-07-21 22 ANTHONY ROWLEY - It’s time to heed calls for global monetary system to revert to some form of gold standard ANTHONY ROWLEY Tokyo Correspondent GOLD made splash headlines this week by rising to a record price (in nominal or non-infla-tion-adjusted terms) of US$1,600 or almostBLOOMBERG - 1,292 words
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Article, Illustration1829 2011-07-21 23 GARY CLYDE HUFBAUER, JACOB FUNK KIRKEGAARD - This will reduce the face value of debt relative to GDP and calm markets, but the critical question is who could do it By GARY CLYDE HUFBAUER, JACOB FUNK KIRKEGAARD Gary Clyde Hufbauer is Reginald Jones senior fellow and Jacob Funk Kirkegaard isREUTERS - 1,829 words
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Article, Illustration549 2011-07-21 23 HUGO DIXON - By HUGO DIXON EUROPE is dancing with danger. The region’s leaders have been consistently behind the curve when addressing problems from Italy to Greece. The more credibility shrivels, the more they need to do to restore confidence. This week’s summit is the last good chance toREUTERS - 549 words
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SINGAPORE STOCKS
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Article8314 2011-07-21 24 Transaction date: Jul 20 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 13.2 8Telecom 14.5 13 15.5 7.8 4.2 3 69.4 12 4.5 A-Sonic 7 +0.3 35 7 6.7 6.6 78,314 words
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Article1533 2011-07-21 25 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 23.5 t 800 Super 24 -1.5 5326 26.5 23.5 23.5 24 8.2 42.9 5.5 3.7 t AA Grp 3.7 3.7 4 17.6 3.61,533 words
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Article9963 2011-07-21 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.37/ APS Alpha Fund (USD)!** 1.12/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.7/ Aberdeen Asset Mgt Asia Limited American Opp 0.6328/ Asian Credit Fund9,963 words
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Article229 2011-07-21 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A42.5 +1.5 4 42.5 42.5 42.5 45 3.6 8.2 3.4 110.7 55 20 Genting HK US$ US39.5 +0.5 ***** 40 38.5 39 39.5 2600.9229 words
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Article852 2011-07-21 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 114 -2 118 115.5 113.5 113 114 520.4 1207 872 CIMBAsean40 100US$ US1078 1088 1092 43.1 350 290 DBS STI852 words
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FINANCE & COMMODITIES
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374 2011-07-21 26 In local curr In S$ In US$ dy yr dy yr dy yr Jul 19 Index Change Change Change Change Change Change World Index Preliminary 897.6 0.7 0.0 0.7 -2.9 1.1 2.4 EAFE Preliminary 761.9 0.5 -4.9 0.9 -5.4 1.3 -0.2 Europe Preliminary 1118.7 1.0374 words
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Article77 2011-07-21 26 CRUDE OIL PRODUCTS Jul 19 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 117.65 1.37 WTI (Near Mth) 97.73 1.81 Dubai (1-Mth F) 111.16 0.50 Tapis blend 122.64 0.54 Minas 118.84 0.54 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.39 1.06 Jet Kerosene 130.60 0.30 US$/barrel Opec Oil77 words
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Article148 2011-07-21 26 Jul 20 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Aug 11 164 Sep 11 483.0 480.0 483.0 84 352 Oct 11 483.0 480.5 483.0 65 427 Nov 11 389 Dec 11 485.5 484.5 485.1 40 485 Jan 12148 words
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Article107 2011-07-21 26 Jul 19 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 11 1379.25 1385.50 1408.00 1375.50 Sep 11 1377.00 1382.25 1405.25 1373.00 Nov 11 1382.00 1386.25 1409.50 1377.25 Jan 12 1390.75 1396.00 1418.00 1386.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Aug 11 56.69107 words
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Article83 2011-07-21 26 Jul 20 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 20.10.2011 0.26 1-Year BY*****X 02.05.2012 0.34 0.26 0.26 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.88 103.91 103.91 5-Year N*****0W 1.125 01.04.2016 101.7183 words
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Article463 2011-07-21 26 Jul 20 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6150 0 3435 Dec11 99.5000 0 3183 Mar12 99.4400 0 1618 Jun12 99.3800 0 1984 EUROYEN TIBOR FUTURES Sep11 99.6625 0 1332 Dec11 99.6600 0 1392 Mar12 99.6550 0 1823 Jun12 99.6500 0 1374 Sep12 99.5850463 words
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Article121 2011-07-21 26 As at 9am Jul 20 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.348 1.272 Can dollar 1.302 1.252 Euro 1.752 1.685 Sterling pound 1.995 1.919 NZ dollar 1.067 1.017 US dollar 1.232 1.185 Local dollars to 100 units of foreign121 words
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Article27 2011-07-21 26 Jul 20 Open High Sett STI Jul 3125 SIMSCI Jul 358.7 363.0 362.2 Taiwan Jul 295.6 304.7 304.1 Source: MF Global (S) Pte Ltd27 words
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Article, Illustration75 2011-07-21 26 As on 19 July 2011 www.smx.com.sg For membership please contact: Ivan Han, DID +65 9098 8455 membership@smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Cash Aug-11 1606.1 1606 1606.1 1598.1 Silver Cash Sep-11 40.51 40.51 40.51 36.57 CURRENCY Euro-US Dollar Sep-11 1.4194 1.4044 1.416775 words
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2587 2011-07-21 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 20.5 1 150 23 6.78 34 ASJ Hldgs W*****1 0.6 1 4 10 7.00 7 AlliedTech W*****2 1.9 0.2 213 1 4 28 Asia Water Tech Ltd W*****82,587 words
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Article180 2011-07-21 26 Jul 20 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.02 US$ Offer Bid 7 days 0.25 0.15 1 month 0.28 0.18 2 months 0.35 0.25 3 months 0.42 0.32 6 months 0.54 0.44 9 months 0.75 0.55 12180 words
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Article462 2011-07-21 26 Jul 20 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.019 6.933 0.757 8.367 47.740 91.706 0.847 11.330 3.221 1.255 92.586 45.866 1.304 7.428 0.883 30.990 32.091 0.668 1.074 Canada 0.982 6.805462 words
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Article85 2011-07-21 26 Jul 20 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article137 2011-07-21 26 Jul 20 GOLD (US$/oz) Jul 19 Jul 20 Hong Kong 1604.30 1590.80 Jul 18 Jul 19 London 1605.79 1600.67 1606.61 1601.47 Source: Thomson Reuters CAST BAR Jul 20 (S$) Selling Buying Kilobar 66,720.92 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 149 62 5gm 424 311 10gm 758137 words
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Article69 2011-07-21 26 Jul 19 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2521.25 2467.00 3 months 2550.00 2497.00 Copper, Grade A (US$/tonne) Cash 9818.50 9672.75 3 months 9840.00 9694.00 Lead (US$/tonne) Cash 2749.00 2713.00 3 months 2770.00 2730.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article82 2011-07-21 26 Jul 19 COCOA (£/tonne) Close Prev High/Low Sep 11 1994 2001 2009/1972 Dec 11 2020 2029 2035/2000 Mar 12 2036 2044 2050/2017 May 12 2044 2050 2055/2025 COFFEE (US$/tonne) Close Pev High/Low Jul 11 2120 2208 2206/2196 Sep 11 2157 2250 2271/2153 Nov 11 2192 2283 2304/2188 Jan 1282 words
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Article154 2011-07-21 26 Jul 20 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3039 1.3051 1.0736 1.0737 Canadian dollar 1.2795 1.2812 1.0535 1.0541 Euro 1.7214 1.7233 1.4174 1.4178 NZ dollar 1.0384 1.0399 0.8550 0.8555 Sterling pound 1.9519 1.9538 1.6072 1.6074154 words
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Article22 2011-07-21 26 Jul 20 S$ Bid Offer 1-month 1.2145 1.2155 2-months 1.2144 1.2154 3-months 1.2143 1.2154 6-months 1.2136 1.2146 Source: OCBC22 words
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Article65 2011-07-21 26 Jul 20 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Aug 11 3102 3157 3157 3102 1713 6734 Sep 11 3089 3155 3158 3089 4517 ***** Oct 11 3084 3153 3153 3084 ***** ***** Nov 11 3080 315165 words
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BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
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Article, Illustration759 2011-07-21 27 VICTORIA HO - The company is using Singapore as its regional springboard into the Asia-Pacific as it laps up demand for new cloud data centres, reports VICTORIA HO reports VICTORIA HO IN TWO years, Asian business will be on the brink of eclipsing Digital Realty Trust’s759 words
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Article, Illustration282 2011-07-21 27 Bloomberg [SEOUL] Samsung Electronics Co, the world’s second-largest handset maker, said it is on track to meet the company’s sales target for tablet computers this year as Google Inc’s Android software expands beyond mobile phones. “We already said early this year thatBloomberg; REUTERS - 282 words
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Page 27 Advertisements
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PROPERTY
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Article, Illustration701 2011-07-21 28 They are bidding up limited number of properties in West Vancouver AFP [VANCOUVER] Its quality of life is routinely ranked among the best in the world, but that’s only one reason Vancouver real estate prices are red hot. Wealthy Chinese anxious toAFP - 701 words
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1664 2011-07-21 28 H ousehunt PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 15 WITH CONTRACT DATES BETWEEN JUNE 22 AND JUNE 28, 2011 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Marina Bay Residences Apt 24/06/2011 99 710 1832 2580 People's Park Cplx1,664 words
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306 2011-07-21 28 Bernama [SINGAPORE] Malaysia Property Inc (MPI) has entered into a six-month tenancy agreement with Ireka Corporation Bhd, a leading property developer listed on the Main Board of Bursa Malaysia. MPI is a non-profit government agency under the purview of the Economic PlanningBernama - 306 words
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Article, Illustration1170 2011-07-21 29 Dubious foreclosure documents are still being filed with courts, county clerks Reuters [NEW YORK] America’s leading mortgage lenders vowed in March to end the dubious foreclosure practices that caused a bruising scandal last year. But a Reuters investigation finds that many are still takingReuters; REUTERS - 1,170 words
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Article, Illustration819 2011-07-21 30 Survey also shows residential prices will be 58% below its peak in third quarter of 2008 Reuters [DUBAI] Dubai’s housing market still has nearly a third too much supply and prices will plummet by another 10 per cent, deepeningReuters; BLOOMBERG FILE PHOTO - 819 words
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1104 2011-07-21 30 Troubling features include high upfront fees that lower the value of the investment NYT [NEW YORK] Last year, Cole Real Estate Investments of Phoenix, a sponsor of nontraded real estate investment trusts (Reits), refunded US$3 million to the West Warwick, Rhode IslandNYT - 1,104 words
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557 2011-07-21 31 Bloomberg [SYDNEY] Agincourt Capital, which last week introduced the first yuan-denom-inated bond fund to buy Australian real estate, plans to invest in A$500 million (S$653 million) of properties by January. The Hong-Kong based group expects to announce contracts on two buildings inBloomberg - 557 words
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Article, Illustration906 2011-07-21 31 HK market is hot and there is a need to diversify, says developer Bloomberg [LONDON] Billionaire Cheng Yu-tung and two fellow Hong Kong investors, faced with soaring real-es-tate prices in their own country, are helping the UK plug a gap in funding forBloomberg; THE APPLE DAILY - 906 words
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Page 28 Advertisements
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Advertisement40 2011-07-21 28 SAVILLS INDUSTRIAL Land the best returns for your industrial properties Savills has over 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. Call 6536 5022 6415 3636 I savills.com savills AGENCY NO. L*****88B40 words
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Page 29 Advertisements
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Advertisement189 2011-07-21 29 New Exclusive Projects y Rare gem Jalan Sultan, 2 Storey with Mezzanine y 15 units Conservation Shop houses fully restored 99 Leasehold (Build-in 32,993sqft, Land 15,196sqft) Selling Enbloc with land and building y Suitable for Retail, Office, F B and Hotel Call Billy 9230 9575 for more details. www.billyong.com R*****6E189 words
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Advertisement88 2011-07-21 29 T? DISCOVER how to invest, JZL L/ Vj lease and manage a new property Australian property while A Boutique (teal Ettate Company 11 living in Singapore. New info for 2011 including government grants, stamp duty savings, property laws and demographic changes. For more info,call +65 8182 8901 OR VISIT our88 words
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Advertisement575 2011-07-21 29 D11 PRIME FREEHOLD RESIDENTIAL REDEVELOPMENT SITE FOR SALE Parkway Novena Hospital Square 2 Novena Medical Ctr 0 >, NOVENA Q Velocity soleil SUBJECT SITE CO •So Sinaran To Orchard Trilight L'viv .\J^ W\0 RISE 1 Moulmein Rise 0L mE1N bdB rO Rd Newton Circus Newton Food Ctr Goldhill Shopping Ctr575 words
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Page 30 Advertisements
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Advertisement117 2011-07-21 30 WILBY CENTRAL Newly Refurbished Serviced Apartments Studio 2-Bedrooms Modern Decor with High Tech Features 5 minutes' walk to MRT Stations/ Shopping Malls Complimentary shuttle bus service to Orchard Road/Newton/Holland Village Complimentary broadband internet service local calls For more information, visit www.wilbyresidences.com A MEMBER OF TAN CHONG INTERNATIONAL WILBY ESTATE ftp117 words
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Advertisement9 2011-07-21 30 Three new facesnamed co-chairmen of S'pore-China business councils Tosubscribe,call6388-3838orgotosphsubscription.com.sg9 words
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Advertisement174 2011-07-21 30 ***** ARMENIAN* ***** t A*H| NbW 7 a -u H I!® H Sill 111! SI 1 ll II llfl jj*i |i 8 S g B S J. J, I ii S* y. SOHO STYLE STRATA OFFICE FOR SALE Award winning conservation project Short stroll to 3 MRT stations Raffles City174 words
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Page 31 Advertisements
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Advertisement113 2011-07-21 31 Royalville -250mtoSixthAveMRT Land 174,176 sf; GPR 1.4 5-sty; FH 250m to future Sixth Ave MRT station Within 2 km to established Pri Int’l schs Near to F&B outlets, amenities and clubs Potential for 255 apts of ave 1,000 sf 6227 6066TenderClosingon8 July 2011 (Thur), 2.30 pm Tender Closing on 28113 words
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Advertisement22 2011-07-21 31 1 Kuala Lumpur KL Embassy area Galeri U-Thant Brand New 3685 sq ft SERIOUS SELLER CALL 9814 7165 Email: ronjib@yahoo.com Quest ontheFRONTIER22 words
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Advertisement8 2011-07-21 31 BY ADAM TAUGWALDER, DIRECTOR(PRIVATE OFFICE), RAIMON LAND PCL8 words
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VISIONARIES
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Article, Illustration1039 2011-07-21 32 British architect Richard Rogers has incurred the ire of critics who despise modern architecture but he is honoured by others A SPECIAL FEATURE BROUGHT TO YOU BY IT is not too unusual for an architect to receive some criticism of his work in his lifetime. It mightSANTI BURGOS/BLOOMBERG NEWS; KATSUHISA KIDA - 1,039 words
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Page 32 Advertisements
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Advertisement147 2011-07-21 32 FILBFI A limited collection of bespoke residences in the heart of prestigious Orchard Road, Alba is an architectural masterpiece created by Bernardo Fort-Brescia of the highly-respected US-based design firm Arquitectonica. Be the limited few to know. For a private viewing of the new Alba sales gallery on 1 River Valley147 words
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