The Business Times, 1 September 2011
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2011-09-01
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The Business Times
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Title Section23 2011-09-01 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sfh A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Thursday, September 1,23 words
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1090 2011-09-01 1 KALPANA RASHIWALA - Some analysts attribute higher than expected development charge rate rises to recent lull By KALPANA RASHIWALA [SINGAPORE] Upward revisions in development charges (DC) effective today are generally above market expectations. Under the latest revision, the average DC rate for commercial use1,090 words
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484 2011-09-01 1 CONRAD TAN - July’s growth was slowest in 6 months; trend may continue amid uncertainty By CONRAD TAN [SINGAPORE] Bank lending grew at the slowest pace in six months in July as both businesses and individuals turned more cautious amid the recent financial market484 words
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Article138 2011-09-01 1 GST INDEX 2,885.26 (+93.37) GST INDEX FUTURES 2,883 (+91) GSIMSCI 330.35 (+9.75) GSIMSCI FUTURES 329.00 (+9.00) FOREX US$ S$ US$ (S$ per US$) 1.204 (US$/S$ per 1.631 1.963 EURO (US$/S$/E) 1.445 1.740 Foreign currency per US$ S$ YEN 76.60 63.60 RM 2.983 2.478 HK$ 7.795 6.476 BAHT 29.98138 words
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Page 1 Advertisements
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Advertisement33 2011-09-01 1 OFFICE SPACE Govt to ensure steady supply PAGE 2 Reeling in stocks before the wild waves return I PAGE 2 Singapore’s stock market value plunges 10 per cent in August I PAGE 1033 words
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Advertisement13 2011-09-01 1 BizIT GoDaddy the first word in domain registration PAGE 29 8 *****1 *****413 words
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Advertisement161 2011-09-01 1 FAREWELL PM Lee pays a glowing tribute to President Nathan PAGE 4 cLerrit ut lA/v\JL&&Vl\ ut A l m Uncompromising blistering supercar agility in the blink of an eye. Be it the muscular coupe or the 4-seater convertible, the Continental Supersports is engineered to deliver the most thrilling driving experience161 words
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Advertisement10 2011-09-01 1 PROPERTY Yanlord sales top 60% at Shanghai launch PAGE 3310 words
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TOP STORIES
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524 2011-09-01 2 JAMIE LEE - Asian markets continue to make a splash, rising as high as 3.3% in S’pore By JAMIE LEE [SINGAPORE] Asian markets chalked up fresh gains yesterday, taking cues from the European and US markets, as investors fished for battered stocks. The prospect of524 words
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427 2011-09-01 2 VICTORIA HO - Firm says its market cap as at yesterday was $180.4m By VICTORIA HO [SINGAPORE] Creative Technology has posted losses, pre-tax, for the past three consecutive years, it informed the Singapore Exchange (SGX) yesterday. Listed firms get placed on SGX’s watch list if427 words
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Article, Illustration395 2011-09-01 2 UMA SHANKARI - By UMA SHANKARI [SINGAPORE] The government will continue to ensure a steady supply of office space to support the long-term growth of global firms in Singapore, Deputy Prime Minister Tharman Shanmugaratnam said yesterday. “We will make sure that prime office space,395 words
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405 2011-09-01 2 TEH SHI NING - By TEH SHI NING [SINGAPORE] Six Singaporean companies have made Forbes Asia’s annual “Best Under A Billion List”. Real estate investment trust and private investment funds manager ARA Asset Management is the only one of the eight405 words
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Article59 2011-09-01 2 IN “Banks walk down growth path with young SMEs” (BT, Aug 31), we said that the Australian and New Zealand Banking Group (ANZ) acquired Royal Bank of Scotland (RBS) assets back in 2006. This should have been 2009. ANZ completed its acquisition of RBS’ retail, wealth and commercial businesses59 words
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Article572 2011-09-01 2 Lag factor may have given twist to DC rates UPWARD revisions in development charge effective today are generally above market expectations. Under the latest revision, the average DC rate for commercial use has been increased by 21.7 per cent much higher than the 12.7 per cent hike in572 words
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Article, Illustration705 2011-09-01 4 LEE U-WEN - Praised for bringing to presidency wealth of experience built over a lifetime By LEE U-WEN [SINGAPORE] In his 12 years holding the highest office in the land, President SR Nathan has raised the standing of the office both domestically and internationally, saidLIM WUI LIANG/THE STRAITS TIMES - 705 words
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730 2011-09-01 4 GENEVIEVE CUA - S’pore HNWIs, asset values expected to double: Julius Baer By GENEVIEVE CUA [SINGAPORE] Wealth in Asia is expected to triple in value by 2015 to a staggering US$15.8 trillion from the current asset value of US$5.6 trillion, says Julius Baer in its first730 words
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Advertisement120 2011-09-01 2 apbcOffices We invite you to work different. 75 High Street 9 Battery Rd, Straits Trading Building 9 Temasek Boulevard, Suntec Tower 2 30 Raffles Place, Chevron House VIRTUAL OFFICE 1 Lg t apbcOffices A- Prestigious business address. Start immediately with minimal start-up cost. 3 tiers of services to suit your120 words
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Advertisement494 2011-09-01 3 NOVENA Specialist Center National Neuroscience Institute Ren Ci Hospital Future Parkway Novena Hospital (expected completion in 2012) Novena Medical Center Tan Took Seng Hospital National Skin Centre oasicootel Johns Hopkins Singapore International Centre w 1 i CTISii C 1 4m n n STMrt m Q m m i m J494 words
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Advertisement411 2011-09-01 4 The Penthouse Marina Bay Residences Distinction No. 1 View and Opulence Exclusivity: Sale $4,500 psf: Rent 45,000/mth JERRY LUM Snr Marketing Director, MBA, CES CEA Licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg ERA Estate Agent Licence No L*****82K When You Buy, Sell, or Rent GREAT VIEW GRAND411 words
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Page 5 Advertisements
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Advertisement54 2011-09-01 5 www.vw.com.sg Zero road tax for the next 10 years. esk! V M-j T. Polo Golf Touran Scirocco Passat Passat CC Caddy Transporter To enjoy this offer, test drive at Volkswagen Centre Singapore today. m Volkswagen. Das Auto. Volkswagen Centre Singapore, 26 Leng Kee Road and 247Alexandra Road. Telephone 6474 8288.54 words
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COMPANY NEWS
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313 2011-09-01 6 MICHELLE TAN - Its unit failed to get the necessary level of support from PCSMA members By MICHELLE TAN WILMAR International’s Australian-based sugar subsidiary Sucrogen has failed in its proposed purchase of Proserpine Co-operative Sugar Milling Association’s (PCSMA’s) assets. Sucrogen said that it was313 words
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Article, Illustration422 2011-09-01 6 MINDY TAN - By MINDY TAN OLAM International, whose shares surged more than 11 per cent yesterday on the back of strong results and amid an Asian stock market rebound, has bought a sugar milling facility and related assets in India for US$73.8 million. The commodities player422 words
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352 2011-09-01 6 CONRAD TAN - It forecasts doubledigit growth over next 12-18 months By CONRAD TAN SINGAPORE’S gaming revenue is expected to grow in the double-digits over the next 12 to 18 months, credit rating agency Moody’s said yesterday. “Global instabilities will have some impact on business travels to352 words
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Article266 2011-09-01 6 THE Singapore Exchange (SGX) will be organising the SGX Bull Charge for the eighth consecutive year. With Josephine Teo, Minister of State for Finance and Transport, as the guest-of-honour, the 5km run is slated to be flagged off at 4.30pm on Friday, Nov 11, from266 words
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506 2011-09-01 9 JOYCE HOOI - Warning of 15-20% downside; recession not likely for now but not ruled out By JOYCE HOOI AS global stock markets make attempts at a comeback, analysts have warned of further downsides, saying that while a global recession looks unlikely for now, it cannot506 words
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Article, Illustration232 2011-09-01 9 FORMER DBS Bank CEO Jackson Tai (left) has been appointed an independent director of Singapore Airlines. The airline yesterday named Mr Tai, 61, as replacement for outgoing director James Koh Cher Siang. “He (Mr Tai) will bring particular expertise in finance, having held senior232 words
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362 2011-09-01 10 JOYCE HOOI - By JOYCE HOOI IN a bid to let customers know how much bang they are getting for their buck, M1 will launch four new mobile broadband plans today, with both the theoretical and typical download speeds published. A theoretical download362 words
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280 2011-09-01 10 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 01.04.2012 N*****0A 2007 2 5/8 5100.00 1/10 1/4 152 101.43 0.18280 words
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753 2011-09-01 10 JAMIE LEE - Market cap dives to $765 billion at end of month after stocks selldown By JAMIE LEE SINGAPORE’s stock market value plunged 10 per cent in August the largest wipe-out within a month this year amid trading volatility. The selloff last month, triggered753 words
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195 2011-09-01 10 HOMEGROWN building contractor CCM Group has secured two contracts worth $100.5 million. The contracts were won through its wholly owned subsidiary, CCM Industrial Pte Ltd. The first contract, of $68.2 million, is from the Housing Development Board for the building of 491 residential units in195 words
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194 2011-09-01 10 A $64 million 10-storey building whose shape and form is inspired by Danish pastry will be the new nerve centre of BreadTalk Group Limited. The lifestyle F&B group yesterday marked the construction of its new International Headquarters (IHQ) in a groundbreaking ceremony at Paya194 words
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Page 6 Advertisements
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Advertisement182 2011-09-01 6 Deutsche Bank db.com First annual Women in Asian Business Conference Beyond Boundaries Deutsche Bank values the diverse mix of its employees and constantly seeks to help them realise their full potential. We believe that diverse teams are more effective teams; success comes from many perspectives; and diversity is vital for182 words
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Page 7 Advertisements
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Advertisement51 2011-09-01 7 RA1V11 RQViK p LAND* > v ROVER > PAOV "TO A i *4 fyf £J w o r~7 4 fcwfesl?R H THE 2.0-LITRE TURBOCHARQED RANGE ROVER EVOQUE. AVAILABLE IN 3-D00R AND 5-D00R Call us at 6378 2626 2627 for more information 9IIHHI Check out our interactive advertisements in The Straits51 words
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SINGAPORE MARKETS
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Article, Illustration527 2011-09-01 8 VEN SREENIVASAN - Some market observers see global stock markets remaining choppy with the possibility of further weakness STOCKS VEN SREENIVASAN Senior Correspondent COULD the Federal Reserve roll out QE3 if the US economy continues to head south? That seems to be the beat to which equitySource: Bloomberg - 527 words
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Article66 2011-09-01 8 Aug 31 VALUE CLOSE BT OB/OS 203.00 +493.0 BT CADI -*****.00 +375.0 BT 10-day MA -*****.00 +20.00 FTSE ST Mid Cap 664.66 +21.35 FTSE ST Small Cap 451.90 +16.22 FTSE ST All Share 698.44 +22.72 FTSE ST China Top 211.55 +9.68 FTSE ST China 248.02 +10.94 FTSE66 words
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Article186 2011-09-01 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 14 0 1 0 0 0 14 0 1 Manufacturing 112 19 27 8 4 3 120 23 30 Commerce 44 8 13 10 1 1 54 9 14 Tpt/Stor/Comms 34 2 6186 words
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BROKERS’ TAKE
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Article, Illustration389 2011-09-01 8 Aug 31 close: $1.36 DMG PARTNERS SECURITIES, Aug 31 FY11 results boosted by revaluation gains; weak development revenue a concern: Wing Tai’s FY11 revenue at $649.1 million (-21 per cent y-o-y) was within expectations, mainly contributed by lower development revenue mainly from Helios Residences and additional unitsSource: Bloomberg - 389 words
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Article, Illustration502 2011-09-01 8 LYNETTE KHOO - Aug 31 close: $1.81 OCBC INVESTMENT RESEARCH, Aug 31 Compiled by LYNETTE KHOO DOWNTOWN Line operating license awarded to SBS Transit: The Land Transport Authority (LTA) announced on Monday evening that it awarded the licence to operate the Downtown Line (DTL) to SBS Transit over SMRT. The DTLSource: Bloomberg - 502 words
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Article119 2011-09-01 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 83,041 83,041 200,722 200,722 Manufacturing 347,366 34,042 381,408 314,346 265 314,610 Commerce 288,521 16,281 304,802 315,303 1,324 316,627 Tpt/Stor/Comms 263,118 4,435 267,553 369,475 359 369,834 Finance 39,298 116 39,414 454,957 24 454,982 Construction 91,359 26,077119 words
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Article114 2011-09-01 8 Stock name Close Change CapMallsAsia 1.360 +0.005 CapitaLand 2.620 +0.090 CapitaMall 1.870 +0.035 CityDev 10.080 -0.170 ComfortDelGro 1.375 +0.030 DBS Grp 13.250 +0.290 F&N 5.900 +0.140 GLP 1.670 +0.030 Genting SP 1.665 +0.095 Golden Agri 0.660 +0.025 HK Land 5.800 +0.340 JMH 55.400 +3.070 JSH 31.370114 words
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Article, Illustration581 2011-09-01 8 CURRENCIES Reuters [LONDON] The Swiss franc rose against the euro and the dollar yesterday as investors piled back into the currency, with eurozone debt worries and speculation about easing in the US keeping alive the risk of intervention by the Swiss National Bank.Reuters; REUTERS - 581 words
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Article62 2011-09-01 8 VOLUME Genting SP 161,171,000 Sheng Siong 140,952,000 Golden Agri 125,483,000 Noble Grp 60,355,000 PSL Hldgs 57,726,000 Yangzijiang 54,995,000 Cosco Corp 54,824,000 Asia Env 50,448,000 HPH Trust US$ 43,163,000 HanKore 42,872,000 VALUE($) Genting SP 262,072,780 UOB 204,403,507 DBS Grp 134,633,774 SingTel 122,080,687 Keppel Corp 110,543,190 Noble Grp 95,997,96562 words
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Article114 2011-09-01 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 694.2 5.4 DBXT AUDMM 5SG$ ***** 602.0 2.4 IS S&P500 ***** 572.7 4.1 JMH 5540 369.4 5.9 DBS Bk 4.7% NCPS 100 ***** 270.0 2.6 DBXT MSKorea 10US$ 5554 229.8 3.6 JSH 3137 227.4 6.4 Jardine C&C 4482 225.0 5.3 DBXT114 words
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Article114 2011-09-01 8 BY CENTS CLOSE DOWN DBXT AUD Bonds 5AU$ *****-173.4 -0.8 DBXT S&P Short 10US$ 4455-126.3 -2.3 IndoAgri.ES.1108 139 -23.5 -14.5 SIMSCI335MBePW*****0 34 -19.5 -36.4 CityDev 1008 -17.0 -1.7 STI 3100BPePW*****9 48 -14.0 -22.6 Lizhong 25 -10.0 -28.6 STI 3150BPePW*****8 68 -9.5 -12.3 Cityneon 26 -9.0 -25.7 IS Asia BND114 words
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Advertisement586 2011-09-01 9 Organiser: siAs oSLIP r 7 CG WEEK Supporting Organisation: 3RD ASIAN INVESTORS' CORPORATE GOVERNANCE CONFERENCE 2011 24TH TO 25TH OCTOBER 2011 RAFFLES CITY CONVENTION CENTRE, STAMFORD BALLROOM Programme Highlights cs OECD presentation on Corporate Governance in Asia 2011Progress and Challenges Dr. Piman Limpaphayom, Portland State University Mind the Expectation Gap586 words
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Advertisement346 2011-09-01 10 PRIME LONDON APARTMENT STOCK 48 HR INVESTOR SALE! <5* Si a PRICES FRONV £370,000 6% RENTAL GUARANTEES r ini PRICES FRONV HAMMERSMITH CENTRAL LONDON W6 Spectacular new 1 bed apartments within 5 minutes walk of Hammersmith tube. Th W6 pport ty ew Sec ted re eve oftop St CO ro346 words
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Advertisement388 2011-09-01 11 Smarter comes to computing Today, everything computes. Intelligence has been infused into things no one would recognise as computers: appliances, cars, roadways, clothes, even rivers and cornfields. This is the daily reality of a Smarter Planet. Realising its promise, however, will require more than infusing computation into the world. We388 words
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SINGAPORE NEWS
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359 2011-09-01 12 LYNETTE KHOO - Tie-up with China Merchants Shekou Ind Zone in investment, project devt and operation By LYNETTE KHOO SINGBRIDGE International has joined hands with China Merchants Shekou Industrial Zone Co Ltd to identify and study opportunities within and outside China for large-scale and sustainable urban359 words
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332 2011-09-01 12 CONRAD TAN - Head of corporate advisory group here among recent hires By CONRAD TAN UBS has hired over 100 staff at its Asia-Pacific wealth management business in the past two months, including a new head for its corporate advisory group in Singapore, according332 words
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Article219 2011-09-01 12 IT will now be easier than before to gain entry into United World College of South East Asia (UWCSEA), with a new annual system of admissions in place. Candidates can now be assessed on equal terms regardless of their date of application, and the previous219 words
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Article, Illustration653 2011-09-01 12 LEE U-WEN - Contested election to offer S’poreans a different platform By LEE U-WEN DEFEATED presidential candidate Tan Kin Lian has delivered a lengthy postmortem of his poor showing at last Saturday’s polls, describing his 4.9 per cent vote share as653 words
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Article, Illustration484 2011-09-01 12 THINGS are moving slowly in the Good Class Bungalow market but a new record price has been set, based on per square foot of land area. No 6 Chatsworth Road, diagonally opposite the Indonesian Embassy, was sold in July for $2,081 per square footARTHUR LEE - 484 words
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SINGAPORE ROUNDUP
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62 2011-09-01 12 TOP public broadcasters from all over the world will be meeting in Singapore for the Public Broadcasters International (PBI) 2011 from October 26-29 which will be held at Resorts World Sentosa. MediaCorp will be hosting this conference and Paula A Kreger, president and62 words
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50 2011-09-01 12 SINGAPORE’s premiere green building expo BEX Asia 2011 returns for the fourth consecutive year showcasing a range of the latest green products and solutions for the building sector. The event will be held at Suntec Singapore International Convention Exhibition Centre from September 14-16.50 words
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51 2011-09-01 12 RHT Law LLP has signed an Co-operation Agreement with leading international law practice group Taylor Wessing to establish a cooperation for the provision of legal services in South-east Asia. The cooperation will connect the firm with Taylor Wessing’s international network and global legal51 words
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41 2011-09-01 12 FAIRPRICE Xtra, the hypermarkets under NTUC FairPrice (FairPrice) group, has received the Businesses for Families Mark from the Businesses for Families Council, a certification which recognises companies that implement initiatives to cater to specific familial needs.41 words
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Article, Illustration308 2011-09-01 12 JUSTINE MOSS - By JUSTINE MOSS SENTOSA Golf Club’s Tanjong Course was the venue for two golfing tournaments last week which attracted a full field of 144 golfers on both days. The Performance Motors Golf Association Golf Day 2011 (open to all PML customers) last308 words
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257 2011-09-01 12 JTC launches Lavender StreetKallang Ave site for sale JTC Corporation yesterday launched a site at the junction of Lavender Street and Kallang Avenue for sale by public tender. The 2.83 ha site has a lease of 60 years, and is zoned for “Business 1-White” use, meaning that shops and offices257 words
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91 2011-09-01 12 SINGAPORE Press Holdings (SPH) yesterday announced the incorporation of an associate company in China. Sphere Exhibits (Beijing) Co Ltd, which organises exhibitions in China, has an initial registered capital of 10 million yuan (S$1.9 million) and is a three-way joint venture. Exhibits Inc Pte91 words
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Page 12 Advertisements
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Advertisement26 2011-09-01 12 Great looks, hot bod... but Hrithik Roshan still wants the perfect shot MISTER PERFECTION SINGAPORE’S FORMULA FOR SUCCESS GETYOUR COPYTOMORROW FROMALL 7-ELEVEN OUTLETS WHILE STOCKS LAST26 words
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MALAYSIA
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469 2011-09-01 13 Firms also provide little information in quarterly financial reports: Aberdeen [KUALA LUMPUR] Institutional investors are keen on companies with good corporate governance (CG) and are willing to pay top dollar to invest in them but, sadly, few fit the criterion in Malaysia, says Aberdeen469 words
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328 2011-09-01 13 The govt had hoped to send 800 asylum seekers in exchange for resettling 4,000 refugees AFP [SYDNEY] Australia’s High Court dealt a heavy blow to the government yesterday by blocking its plans to send asylum seekers to Malaysia, ruling they could not goAFP - 328 words
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Page 13 Advertisements
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Advertisement219 2011-09-01 13 KOREA INVESTMENT FORUM 2011 Marina Bay Sands, Singapore September 7,2011 9.30am 4pm Led by the Vice Minister of Korea's Ministry of Knowledge Economy, the purpose of this forum is to inform financial investors of the opportunities in the Korean private equity, venture capital, and real estate markets, and to strengthen219 words
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ECONOMY WATCH
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609 2011-09-01 14 Slowing inflation means central bank has more flexibility to maintain rates Bloomberg [MANILA] Philippine growth slowed for a fourth straight quarter after faltering global demand curbed exports and investment eased, adding to signs that Asia’s expansion is weakening and complicating efforts to combatBloomberg - 609 words
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Article, Illustration630 2011-09-01 14 Personal borrowings were cut back too in 4th straight month Reuters [SYDNEY] Australians cut back on personal borrowing for a fourth straight month in July while annual growth in home loans was the slowest on record, providing yet more evidence of sluggishness inReuters; AFP - 630 words
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Advertisement1703 2011-09-01 14 MATS NOTICES }*>} OXLEY HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****5612G) ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of OXLEY HOLDINGS LIMITED (the "Company") will be held at the Raffles Lounge (Level 2) of the Raffles Country Club at 4501,703 words
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Advertisement1205 2011-09-01 14 BUY IT• SELL IT-FIND IT MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES UNIONMET (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore on 21 July 2004) (Company Registration No. *****9104W) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICEISHEREBYGIVENthatanExtraordinaryGeneralMeeting(the“EGM”)oftheshareholdersofUnionmet(Singapore)Limited (the “Company”) will be held at Amara Hotel Singapore, Level 3, Connection 2, 165 Tanjong1,205 words
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Advertisement236 2011-09-01 14 NOTICE OF MEETING OF CREDITORS In The Matter Of The Companies Act, Cap. 50 And In the Matter of ASIAFUN PTE. LTD. (f.k.a. 9 Group Pte. Ltd.) (Co. Reg. No.*****4959E) (In Creditors’ Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 296 of the Companies Act, Cap. 50 that a236 words
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GREATER CHINA/INDIA
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Article, Illustration446 2011-09-01 15 Govt will try to avoid big fluctuations in economic growth Reuters Bloomberg [BEIJING] China will not change its economic policy stance while fighting inflation remains the top priority for the government, despite a moderation in economic growth, Premier Wen Jiabao said in commentsReuters; Bloomberg - 446 words
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305 2011-09-01 15 Bloomberg [HONG KONG] PCCW Ltd plans to raise as much as US$2 billion by listing its telecommunications assets as a business trust in Hong Kong in late October, two people with knowledge of the matter said. PCCW will seek approval from Hong Kong’sBloomberg - 305 words
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Article, Illustration506 2011-09-01 15 AP [SOLAN, India] India, the world’s second largest grower of fresh produce loses an estimated 40 per cent of its fruit and vegetables to lack of cold storage and inadequate infrastructure. This translates into lower incomes for farmers and higherAP - 506 words
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Advertisement123 2011-09-01 15 WINNER IG Markets Investment Trade world indices and commodities in SGD and avoid currency exposure. !WF so HK *****529 C 100 AJ EURO R 4 4 0394 W\ iWl u k-... m t? U- 20 v a 3'IS Si r. m J'tc/'M J SGD-denominated CFDs available on major indices and123 words
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Advertisement1125 2011-09-01 16 FlAsia AS&M Conference The International Event for Entrepreneurship, Business Opportunities Intellectual Property Rights in Asia 8-10 September 2011 10.30am 6.30pm (Thu Fri) 10.30am 5.30pm (Sat) Hall C, Level 1, Marina Bay Sands, Singapore Top Franchises, Licenses, Brands Business Concepts at FLAsia 2011! AUSTRALIA CANADA FRANCE HONG KONG INDIA INDONESIA ITALY1,125 words
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WORLD
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Article, Illustration711 2011-09-01 17 ANTHONY ROWLEY - Move a bid to unite DPJ; new Cabinet line-up also seen boosting unity By in By ANTHONY ROWLEY in Tokyo IN WHAT was seen as an attempt to heal continuing and damaging divisions within his Democratic Party of Japan (DPJ), new-ly-elected Japanese PrimeAFP - 711 words
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278 2011-09-01 17 AFP [LONDON] Britain’s biggest retailer Tesco announced yesterday that it will exit Japan after deciding to sell its network there of 129 small supermarkets to better focus on other operations in Asia. “Tesco has today announced its decision to sell its business in Japan,”AFP - 278 words
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248 2011-09-01 17 AFP [SYDNEY] Australian Prime Minister Julia Gillard yesterday ruled out creating a sovereign wealth fund (SWF), saying the nation’s mandatory pension savings were an “anchor” in volatile economic times. Some business figures have called for the establishment of a sovereign fund to captureAFP - 248 words
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446 2011-09-01 18 Business lobby group questions timing of key report on banking industry Reuters [LONDON] British Business Secretary Vince Cable accused the country’s banks of trying to use the crisis in the eurozone to “create a panic” and stave off industry reforms.Reuters - 446 words
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Article, Illustration486 2011-09-01 18 Reuters [DUBLIN] Irish banks must remain prudent with their capital and write off the mortgage debt of only those people who can’t pay their home loans, Finance Minister Michael Noonan said yesterday. The government is considering options to deal with theReuters - 486 words
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435 2011-09-01 18 Bloomberg [SINGAPORE] Singapore, seeking to create a “mul-ti-billion dollar” market for resolving cross-border disputes, will gain from China’s affirmation that sovereign states can’t be sued in Hong Kong courts, lawyers say. On Aug 26, China approved an interpretation of HongBloomberg - 435 words
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Article, Illustration695 2011-09-01 18 Media Chinese International looks to expand on its base of 2.63 million readers A special series brought to you by Bursa Malaysia and ShareInvestor Two characteristics make Media Chinese International Limited (MCIL) standout from its peers on Bursa Malaysia: it was the first to be dual-listed695 words
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Article, Illustration456 2011-09-01 19 Reuters [PARIS] Carrefour, Europe’s largest retailer, warned yesterday that full-year profit would slump 15 per cent as it cuts prices in a bid to reverse market share losses in its home market and elsewhere in Europe. Carrefour also unveiled 884 million euros (S$1.54Reuters; AFP - 456 words
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472 2011-09-01 19 Rescuers, residents also battling high water in New York and New Jersey Bloomberg [BOSTON] With the bridges out in Pittsfield, Vermont, and its 400 residents marooned, Wall Street trader Scott Redler took matters into his own hands: He hired a helicopterBloomberg - 472 words
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384 2011-09-01 19 These firms had average global profits of US$1.9b Bloomberg [WASHINGTON] Twen-ty-five of the nation’s bestpaid chief executive officers earned more in salary and other compensation in 2010 than their companies’ federal income tax expenses as disclosed in public filings, according to aBloomberg - 384 words
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496 2011-09-01 20 Separately, home prices edged up for the fourth month in a row in July LATEST US DATA Reuters [NEW YORK] The pace of US private sector job growth slowed in August for the second month in a row, but factory activity in theReuters - 496 words
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469 2011-09-01 20 Reuters [SINGAPORE] A sharp slowdown in merchandise trade growth hit major world economies in the second quarter of 2011, affecting both imports and exports, the Organization for Economic Cooperation and Development (OECD) said yesterday. The deceleration in import and export growthReuters - 469 words
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Article, Illustration460 2011-09-01 20 Reuters [BRUSSELS] Eurozone annual inflation was unchanged in August while the number of people without jobs grew, data showed yesterday, adding to expectations that the next European Central Bank (ECB) interest rate move could be a cut rather than a hike. EU statistics office EurostatReuters; REUTERS - 460 words
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Advertisement206 2011-09-01 17 The revolving door of Japanese premiers, Page 24 THE FUTURE IS HERE TESLA ROADSTER FULL ELECTRIC iT* I li J? is# V*. l' A V, r St 9BP-V •>> >-• INSTANT TORQUE SUPERIOR HANDLING ELITE CONSTRUCTION ZERO EMISSIONS r#s >0 The AC induction motor and single speed gear box create206 words
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Advertisement115 2011-09-01 17 KXD DIGITAL ENTERTAINMENT LIMITED (THE “COMPANY”) (Incorporated in Singapore) (Company Registration Number: *****0931H) NOTICE OF CANCELLATION OF EXTRAORDINARY GENERAL MEETING Reference is made to the announcement dated 17 August 2011 regarding the issue of notice of Extraordinary General Meeting (the “EGM”) of the members of the Company called pursuant to115 words
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Advertisement355 2011-09-01 18 SINGAPORE'S F I.T CONSUMER TECHNOLOGY EXHIBITION www.comexshow.com.sg/offer Join us at facebook 4 DAYS ONLY! 1" 4'September SUNTEC SINGAPORE LEVELS Q> G0&0 12 Noon 9 pm Daily FREE ADMISSION Comex Special Pull-out In Digital Life on 31st August (Wed) The Straits Times on 1st September (Thurs) 1 4 September. Level 2,355 words
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Advertisement311 2011-09-01 19 REAL5TAR THE LEADING BUNGALOW SPECIALIST I -Olive Road *****/6800 ask $18.5M (Sole Agent) Cluny ***** 9000 ask $28.5M Third Ave ***** 8000 ask$2g.8M Binjai ***** /***** ask $22.8M Swiss Club ********** ask $18.8M Swettenham ***** 8000 ask$28.8M Visit USA with All-inclusive Fares for Amazing Value! Visit us ANA! ana.com.sg f311 words
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Advertisement1094 2011-09-01 20 MAT-3 NOTICES IN THE MATTER OF SECTION 290 OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF MOTOACE MARKETING PTE. LTD. (Co. Reg. No: *****2619K) (“the Company”) NOTICE OF SPECIAL RESOLUTION FOR MEMBERS’ VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the above-named Company, duly1,094 words
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Advertisement265 2011-09-01 20 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your AGM EGM Notices IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons No. 453 of 2010/P In the Matter of the Companies Act (Cap. 50, 2006 Rev. Ed.) And In the Matter of SINO-ENVIRONMENT TECHNOLOGY GROUP LIMITED (UNDER265 words
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AVIATION/SHIPPING
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609 2011-09-01 21 Pilots use these systems to fly planes for all but about 3 minutes of a flight AP [WASHINGTON] Are airline pilots forgetting how to fly? As planes become ever more reliant on automation to navigate crowded skies, safety officialsAP - 609 words
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Article, Illustration569 2011-09-01 21 Bloomberg [SEATTLE] Boeing Co is counting on the 737 MAX, the new version of the world’s most widely flown jetliner, to help capture half of a US$2 trillion market in the next 20 years and fend off a challenge fromBloomberg; AP - 569 words
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Article, Illustration281 2011-09-01 21 AFP [SYDNEY] Qantas Airways held conciliation talks with unions yesterday at the airline’s request as the Australian carrier attempts to avert strike action by its long-haul pilots. The airline and the Australian and International Pilots’ Association (AIPA) have been at loggerheads for aAFP; AP - 281 words
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390 2011-09-01 21 Bloomberg [LONDON] The Baltic Dry Index, a measure of com-modity-freight costs, fell for a third consecutive session as bookings to ship iron ore from Australia and Brazil declined and stockpiles at Chinese ports reached an all-time high. The index retreated 0.3 perBloomberg - 390 words
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557 2011-09-01 21 Bloomberg [LONDON] The containershipping industry is contending with the longest stretch of near-zero rates in its half-century history on the Asia-to-Europe route, as a capacity glut combines with the slowest growth in trade since 2009. Commerce on the world’s second-busiest containerBloomberg - 557 words
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Page 21 Miscellaneous
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Miscellaneous345 2011-09-01 21 CRYPTIC CROSSWORD Across 7 Pain would get learner going to uni doc in the past (7) 8 School attire needed when one is in a French class (7) 10 Network offering ‘Culture’ —-I’m excited (9) 11 Good African dictator once a street urchin (5) 12 Within dam there’s a source345 words
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Page 22 Advertisements
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Advertisement31 2011-09-01 22 Experienced !>H/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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Advertisement7 2011-09-01 22 PLACE i CALL JOE WONG AT *****3277 words
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SHIPPING
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3701 2011-09-01 22 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 Destination3,701 words
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276 2011-09-01 23 JOYCE HOOI - The first phase of the project will include 600m of dedicated container berth By JOYCE HOOI APM Terminals has won a US$992 million contract to run what it is calling the largest infrastructure project in Costa Rica’s history the new Moin276 words
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Page 23 Advertisements
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Advertisement192 2011-09-01 23 BG Singapore Gas Marketing (BGSGM) is pleased to announce the commencement of the annual open season for potential buyers of regasified LNG (liquefied natural gas) within Singapore. The new regasification terminal currently under construction by Singapore LNG Corporation Pte Ltd (SLNG) is scheduled to start operations in 2013. BGSGM has192 words
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EDITORIAL & OPINION
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485 2011-09-01 24 EDITORIAL IN her first major speech as the head of the International Monetary Fund (IMF), Christine Lagarde dropped what turned out to be a bombshell in her native Europe. Speaking last week at the Jackson Hole conference in the US, where the world’s485 words
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Article, Illustration814 2011-09-01 24 J. BRADFORD DELONGJ - THE BOTTOM LINE J. BRADFORD DELONGJ J Bradford DeLong, a former assistant secretary of the US Treasury, is Professor of Economics at the University of California at Berkeley and a research associate at the National Bureau for Economic Research Project Syndicate FINANCIAL markets wereProject Syndicate - 814 words
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Article, Illustration1110 2011-09-01 24 ANTHONY ROWLEY - A spinning leadership is unlikely to focus clearly and could stumble very badly ANTHONY ROWLEY Tokyo Correspondent ANOTHER day, another prime minister, or “here today and gone tomorrow”, seems to sum up the prevailing ethos in Japan as new prime ministers are tried, testedAP - 1,110 words
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Article, Illustration1541 2011-09-01 25 SALVATORE BABONES - Don’t be overimpressed: distinguish between the hype and the reality of China’s rise as a global economic power By SALVATORE BABONES The writer is senior lecturer in sociology and social policy at the University of Sydney in Australia. This article is drawn from ‘ForeignAP - 1,541 words
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Article, Illustration830 2011-09-01 25 NEIL UNMACK - By NEIL UNMACK CAN a common bond save the eurozone? The eurozone has the wherewithal to underwrite peripheral economies. But introducing a debt union needs time and political change. Here are four challenges facing a common eurozone bond. The politics, stupid! Proponents of a commonREUTERS - 830 words
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406 2011-09-01 25 Mak Yuen Teen - LETTER TO THE EDITOR Mak Yuen Teen A RECENT Asian Wall Street Journal article titled “Structure key to Man U listing” (Aug 30) reported that Manchester United chose Singapore for its listing because it could have a dualclass share structure. Currently, under406 words
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SINGAPORE STOCKS
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Article8302 2011-09-01 26 Transaction date: Aug 31 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 12 8Telecom 12.8 12 14.5 7.8 4.8 2.7 61.3 9.5 4.5 A-Sonic 5 +0.1 200 5 4.5 4.7 58,302 words
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Article1559 2011-09-01 27 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 14 t 800 Super 16.1 +0.2 267 16.1 15.5 15.4 16.1 4.7 3.4 6.2 28.8 5.5 3.7 t AA Grp 4 2.8 3.91,559 words
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Article10044 2011-09-01 27 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.21/ APS Alpha Fund (USD)!** 1/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.6/ Aberdeen Asset Mgt Asia Limited American Opp 0.5588/ Asian Credit Fund10,044 words
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Article249 2011-09-01 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A39cd 38 41 3.6 9 3.1 101.6 55 28.5 Genting HK US$ US37 +2.5 ***** 37 35.5 36.5 37 2436.3 20.5 10 OGL Resources249 words
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Article900 2011-09-01 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 127 108 ABF SG Bond ETF 125 116 122 570.6 1261 920 CIMBAsean40 100US$ US1032 +35 36 1032 1020 1024 1042 41.3 350 276 DBS STI900 words
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FINANCE & COMMODITIES
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374 2011-09-01 28 In local curr In S$ In US$ dy yr dy yr dy yr Aug 30 Index Change Change Change Change Change Change World Index Preliminary 815.2 0.5 -9.2 0.5 -12.1 0.4 -6.6 EAFE Preliminary 678.0 0.9 -15.4 0.8 -15.3 0.6 -10.0 Europe Preliminary 982.5 1.0374 words
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Article77 2011-09-01 28 CRUDE OIL PRODUCTS Aug 30 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 114.24 1.75 WTI (Near Mth) 88.76 3.40 Dubai (1-Mth F) 107.05 0.49 Tapis blend 119.24 0.40 Minas 113.99 0.40 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 105.17 unch Jet Kerosene 125.97 unch US$/barrel Opec Oil77 words
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Article162 2011-09-01 28 Aug 31 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Sep 11 480.0 466.0 466.0 6 296 Oct 11 478.0 478.0 478.0 8 365 Nov 11 478.7 374 Dec 11 479.0 504 Jan 12 480.0 330 Feb 12 481.7162 words
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Article, Illustration90 2011-09-01 28 As on 30 August 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 CURRENCY US Dollar-Jap Yen SEP-11 76.80 76.66 76.70 76.9 Euro-US Dollar SEP-11 1.4530 1.4381 1.4433 1.4507 GBP-US Dollar SEP-11 1.6321 1.6313 1.6318 1.639690 words
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Article107 2011-09-01 28 Aug 30 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 11 1448.75 1438.00 1450.50 1430.00 Nov 11 1457.00 1447.00 1458.50 1437.00 Jan 12 1466.25 1456.00 1467.75 1446.00 Mar 12 1466.00 1457.00 1468.25 1447.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Sep 11 58.20107 words
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Article81 2011-09-01 28 Aug 31 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 01.12.2011 0.17 1-Year BY*****X 02.05.2012 0.18 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.79 103.84 103.80 5-Year N*****0W 1.125 01.04.2016 102.85 103.05 102.9081 words
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Article442 2011-09-01 28 Aug 31 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6400 0 2503 Dec11 99.5200 0 2200 Mar12 99.5250 0 915 Jun12 99.5350 0 1074 EUROYEN TIBOR FUTURES Sep11 99.6800 0 1525 Dec11 99.6950 99.6950 99.6950 99.7050 2 2254 Mar12 99.7050 0 2383 Jun12 99.7025 0442 words
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Article121 2011-09-01 28 As at 9am Aug 31 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.329 1.254 Can dollar 1.256 1.208 Euro 1.774 1.706 Sterling pound 2.006 1.929 NZ dollar 1.057 1.007 US dollar 1.224 1.177 Local dollars to 100 units of foreign121 words
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Article27 2011-09-01 28 Aug 31 Open High Sett STI Sep 2883 SIMSCI Sep 321.5 330.2 329.0 Taiwan Sep 268.2 273.1 273.1 Source: MF Global (S) Pte Ltd27 words
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2553 2011-09-01 28 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 25 1 150 37 5.12 33 ASJ Hldgs W*****1 0.5 1 4 29 7.00 6 AlliedTech W*****2 1.7 1 4 27 Aztech Grp W*****3 0.5 1 20 952,553 words
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Article154 2011-09-01 28 Aug 31 $S Offer Bid 0vernight 0.05 0.03 1-month 3/16 1/16 2-months 3/16 1/16 3-months 1/4 1/8 Overnight mode: 0.06 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.50 0.30 3 months 0.55 0.35 6 months 0.70 0.50 9 months 0.85 0.65 12154 words
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Article462 2011-09-01 28 Aug 31 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.044 6.812 0.739 8.326 48.991 91.137 0.818 11.386 3.186 1.250 93.262 45.285 1.286 7.507 0.867 30.985 32.020 0.655 1.068 Canada 0.958 6.526462 words
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Article85 2011-09-01 28 Aug 31 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths -0.***** 9 mths 0.***** 12 mths85 words
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Article154 2011-09-01 28 Aug 31 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2847 1.2863 1.0678 1.0683 Canadian dollar 1.2308 1.2323 1.0230 1.0234 Euro 1.7388 1.7406 1.4453 1.4456 NZ dollar 1.0274 1.0290 0.8540 0.8546 Sterling pound 1.9620 1.9640 1.6308 1.6311154 words
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Article22 2011-09-01 28 Aug 31 S$ Bid Offer 1-month 1.2030 1.2040 2-months 1.2026 1.2039 3-months 1.2021 1.2034 6-months 1.1996 1.2011 Source: OCBC22 words
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Article136 2011-09-01 28 Aug 31 GOLD (US$/oz) Aug 30 Aug 31 Hong Kong 1792.00 1833.30 Aug 29 Aug 30 London 1827.90 1829.10 Source: Thomson Reuters CAST BAR Aug 31 (S$) Selling Buying Kilobar 76,104.82 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 170 71 5gm 484 355 10gm 865 710 20gm136 words
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Article71 2011-09-01 28 Aug 30 Aug 30 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2387.50 2343.50 3 months 2425.00 2378.00 Copper, Grade A (US$/tonne) Cash 9145.50 9061.75 3 months 9160.00 9075.00 Lead (US$/tonne) Cash 2567.50 2490.25 3 months 2558.00 2485.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article61 2011-09-01 28 Aug 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 11 3094 N/A 3151 3094 221 2096 Oct 11 3041 3061 3041 842 ***** Nov 11 3007 3024 3006 2862 ***** Dec 11 3003 3012 2998 55961 words
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Article82 2011-09-01 28 Aug 30 COCOA (£/tonne) Close Prev High/Low Sep 11 1928 1922 1944/1905 Dec 11 1949 1939 1959/1924 Mar 12 1962 1952 1972/1937 May 12 1967 1958 1976/1944 COFFEE (US$/tonne) Close Pev High/Low Sep 11 2325 2340 2396/2310 Nov 11 2352 2362 2411/2336 Jan 12 2368 2377 2425/2354 Mar 1282 words
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BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
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Article, Illustration772 2011-09-01 29 VICTORIA HO - GoDaddy the first word in domain registration The firm is embarking on its int’l expansion and has opened a data centre here, reports VICTORIA HO reports VICTORIA HO WITH Internet domain names available at a pittance from a multitude of providers online, it’s hard for the average registrar to prevent772 words
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246 2011-09-01 29 [LOS ANGELES] HewlettPackard Co plans to crank out “one last run” of TouchPads, days after declaring it will kill off a line of tablets that failed to challenge Apple Inc’s command of the booming market. A day after the chief of HP’s246 words
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Article738 2011-09-01 29 OGI REDZIC - New location-based services and technology are allowing consumers to interact with their surroundings in an entirely new way <you say> By OGI REDZIC The author is Asia-Pacific VP for business development at Navteq IT IS Friday night by Orchard Road, Singapore’s main shopping district. A young couple738 words
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Article, Illustration435 2011-09-01 29 Bloomberg [SAN FRANCISCO] The amount of time US users spend on Google Inc’s new social network has grown more slowly in recent weeks, according to Experian Hitwise, indicating that the service may struggle to make headway against Facebook Inc. Users on average spentBloomberg; REUTERS - 435 words
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205 2011-09-01 29 AFP [TOKYO] Japanese electronics giants Sony, Toshiba, and Hitachi yesterday said they planned to merge their small- and mediumsized display businesses for smart phones and tablet computers. The companies said they planned to sign legally binding agreements later this year and complete theAFP - 205 words
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Page 29 Advertisements
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Advertisement69 2011-09-01 29 Action Asia Region's favourite outdoors magazine relaunched! Still the best adventure travel resource in Asia But now with a great new look! tfou EVER HEARD OF ACKROADS -BAIANRS Great Gear Gui Stdffyou i" How Mc WWong How MauChina9oT?nlr st fivinq explorer W r >1 Ask your local bookshop or make69 words
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PROPERTY
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Article, Illustration1032 2011-09-01 30 Initiative would allow certain borrowers to refinance loans Reuters [WASHINGTON] The Obama administration is considering unveiling new plans next week to revive the ailing US housing market and reduce foreclosures, including an effort to help troubled borrowers refinance their mortgages. The administration has beenReuters; BLOOMBERG - 1,032 words
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1563 2011-09-01 30 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED One Shenton Apt 04/08/2011 99 1206 2231 1850 One Shenton Apt 04/08/2011 991,563 words
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914 2011-09-01 31 American architect unveils contours of the world’s tallest building in Jeddah Bloomberg [DUBAI] Kingdom Tower, Saudi Prince Alwaleed bin Talal’s project to erect the world’s tallest building in Jeddah, is designed to imitate the contours of a sprouting desert plant. Adrian Smith’s taskBloomberg - 914 words
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Article, Illustration326 2011-09-01 32 KELLY TAY - Property comprising 446 room Menzies Hotel, office space valued at A$220m By KELLY TAY [SINGAPORE] Thakral Holdings Group yesterday announced that it is once more offering the Wynyard Complex in Sydney for sale, and has appointed Jones Lang LaSalle to marketBLOOMBERG - 326 words
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374 2011-09-01 32 [SINGAPORE] CapitaLand’s wholly-owned serviced residence arm, The Ascott Limited (Ascott), has clinched contracts to manage two more properties, one each in Chengdu and Beijing. The 181-unit Ascott Financial City Chengdu, the first Ascott-branded serviced residence in Chengdu, is slated to open in 2014.374 words
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Article, Illustration383 2011-09-01 33 LYNETTE KHOO - Contracted pre-sales of 155 units at Sunland Gardens amount to 1.7b yuan By LYNETTE KHOO [SINGAPORE] The inaugural launch of apartment units at Yanlord Sunland Gardens in Shanghai by Sin-gapore-listed Yanlord Land Group was greeted warmly by buyers. Just on the first dayNURIA LING/THE STRAITS TIMES - 383 words
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173 2011-09-01 33 Bloomberg [SINGAPORE] MGP Berth Pte Ltd, a unit of Macquarie Global Property Advisors Ltd, hired banks to help it refinance a loan used for Asia Square Tower 1, an office building in Singapore’s expanded central business district, according to three peopleBloomberg - 173 words
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214 2011-09-01 33 MINDY TAN - By MINDY TAN [SINGAPORE] Riviera Point, a freehold site located along River Valley Road, was yesterday launched for sale by tender. The site, which has a land area of 14,580 sq ft, can be redeveloped into a new project that could yield gross214 words
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Page 30 Advertisements
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Advertisement66 2011-09-01 30 JTC Eating Hse for Sale 14-stall JTC Eating House @Pioneer (Tuas), *****ft 2 Great investment, Opposite future MRT, 20-yr lease Feb2005, good food, crowd, ample parking. Pis call *****921 Alex CEA R*****21, sole agent. Cobroke welcome CBRE CBRE L*****08E CB RICHARD ELLIS GLOBAL REAL ESTATE FIRM JUST GOT BIGGER IN66 words
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Page 31 Advertisements
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Advertisement77 2011-09-01 31 FOR SALE White House Park GCB enquiries viewing appointments Dial 909-***** Chong CS (R*****2F) Site area: approx. *****sf, total floor area: approx. *****sf. Neighbouring Botanic Gardens, Dalvey n Nassim estates. Within White House Park Good Class Bungalow area. DTZ Debenham Tie Leung (SEA) Pte Ltd. Estate Agent Licence L*****01G EXPRESSIONS77 words
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Advertisement77 2011-09-01 31 Prime Commercial Property Near Bugis MRT North Bridge Commercial Complex 6-storey building with basement carpark Site Area 11,615 sq ft Commercial use, GFA 66,600 sq ft Regular floor plate of approx 11,000 sq ft Wide prominent frontage along North Bridge Road. For Sale by Tender Closing: Tues, 13 Sept 2011,77 words
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Advertisement114 2011-09-01 31 FOR SALE BY TENDER OR BY PRIVATE TREATY HARBOURFRONT CENTRE PERMAI COURT CITY FRINGE FREEHOLD RESIDENTIAL SITE TELOK BLANGAH ROAD VIVOCITY Land Size: 10,033 sqft (approx) incl. Adjoining State Land of 2,024 sqft (approx) MP 2008: Plot Ratio 2.1, up to 24 storeys Gateway to Sentosa IR, Vivocity and HarbourFront114 words
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Page 32 Advertisements
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Advertisement990 2011-09-01 32 135 Cecil Street Freehold Office Building in CBD Modern 14-storey building Refurbished in 2007 Site Area 8,011 sq ft GFA 100,900 sq ft NLA 83,076 sq ft 31 carparking lots With naming rights Major tenants include some of Asia’s biggest banks For Sale by Expressions of Interest Closing: Thurs, 15990 words
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Advertisement380 2011-09-01 32 Midlink Plaza at Bugis Potentialfor16-styCommorHotelDevt •22,875sfland/128,076sfGFA;99yrLHfr1980 •Existing9-styCommBldgwith93carparklots •60m prominent frontage onto Middle Rd •Near Bugis Junction/MRT interchange •Entertainment, Educational Cultural Hub •100% owners’ consent; 3 mths completion 6227 *****3 Sep 2011 (Fri), 12 noon%owncompletionTender Closing oners’consent;3mths 23 Sep 2011 (Fri), 12 noon meinmein@credo.com.sg (CEA Regn No: R*****6B) angela.lim@credo.com.sg (CEA Regn380 words
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Page 33 Advertisements
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Advertisement168 2011-09-01 33 <c (A OC o 3*3* r The Way We Were Heritage Good Class Rare Detached Conserved Period Piece Unique Heritage 1930s Character Fringing parkland greenery/ hill Freehold, near Botanies area Call 6222 5055 Principals Please If you own a conservation, call us! 9safjel r Cflyency www.isabelredrup.com/ir6.php MS K M A168 words
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Advertisement174 2011-09-01 33 Walton Investing on Solid Ground" 17.16% Congratulations to our clients who recently received returns from the sale of their Big Lake Phase 2 land in Alberta, Canada. Walton is one of North America's leading real estate groups. With over 30 years of experience, we manage over CAD $2.9 billion in174 words
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VISIONARIES
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Article, Illustration1132 2011-09-01 34 Pininfarina designs for a range of industries and products, but the main principle is a clear and strong personality of products THERE is always something special about Italian design. All the more so when the name is a very recognisable one associated with one of the1,132 words
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Page 34 Advertisements
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Advertisement136 2011-09-01 34 boulevard Featuring 28 stunning bespoke residences located in Orchard Road. Designed by Takashi Sugimoto of Super Potato Tokyo, Boulevard Vue's distinctive glass-sheathed architecture evokes instant status and recognition. Be the limited few to know. For a private viewing of the Boulevard Vue sales gallery at the corner of Cairnhill and136 words
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