The Business Times, 21 November 2009

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Total Pages: 54
1 54 The Business Times
  • 17 1 THE BUSINESS TIMES weekend www.businesstimes.com.sg NOVEMBER 21-22, 2009 Ssl.oo MICA(P) 124/08/2009 SCUI A SINGAPORE PRESS HOLDINGS PUBLICATION
    17 words
  • 813 1  -  Chew Xiang Another first for man who operated on Andrea D'Cruz and saw his horse win Emirates derby By xchew@sph.com.sg Singapore I HE liver doctor who per- formed life-saving transplant surgery in 2002 on actress Andrea De Cruz has listed his B clinic
    ARTHUR LEE; FILE PHOTO  -  813 words
  • 514 1  -  Samuel Ec Electric vehicle charging stations planned with Mitsubishi cars on their way By samuelee@sph.com.sg Singapore A SMALL network of electric vehicle (EV) charging stations could be in place by 2012 here, as the first batch of up to 50 Mitsubishi i-MiEV cars arrives from
    514 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 186 1 jg&& THE RAFFLES CONVERSATION *^B I CEOS' HAWKER WEALTH *^WA I VETERAN FUND MANAGER GE GUIDE Emerging markets: the I ANTHONY BOLTON 6-7 Crab dishes L6-7 new safe havens 30-31 SHOT IN THE ARM Medical technology gets $36m SINGAPORE is injecting $36 million into the growing medical technology sector here,
      186 words

  • TOP STORIES
    • MARKETS
      • 47 2 KL COMP 1,274.36 -2.29 NIKKEI 225 9,497.68 -51.79 HANG SENG 22,455.84 -187.32 SET 695.25 -5.17 JAKARTA 2,487.36 +18.58 MANILA 3,068.73 -14.57 :ospi 1,620.60 +0.06 SHENZHEN B 636.30 -3.11 MUMBAI IND 17,021.85 +236.20 12 nnnn EDT Chanty/4 12 noon EDT Change DOW 10,300-25 -32.19 NASDAQ 2,141.88 -14.94
        47 words
      • 29 2 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.810 TAIWAN 4.696 JAPAN 1.475 KOREA 9.33 BRITAIN 050 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source:
        ■: Bloomberg  -  29 words
      • 49 2 us$ 'S$ ler US$; 1.387 'US$, /S$ ier£; 1.662 2.305 EURO. 'US$, IS$i 1.491 2.068 Foreign currency per US$ S$ YEN 88.80 64.10 RM 3.392 2.445 HK$ 7.750 5.588 BAHT 33.21 23.94 RUPIAH 9,460 6,820 RENMINBI 6.828 4.923 INDIAN RUPEE 46.64 33.62 A$ 1.089 0.785 NZ$ 1.370 0.987
        49 words
    • 604 2 NYT Fed officials have opposed the measure, saying it would undermine the central bank Washington IN A display of populist anger towards the Federal Reserve, a House panel voted on Thursday to let the US Congress carry out extensive new oversights of the central bank's
      NYT  -  604 words
    • 528 3  -  Teh Shi Ning Two new initiatives were announced by A*Star at the 14th Biomedical Sciences International Advisory Council meeting By tshining@sph.com.sg Singapore SINGAPORE is injecting $36 million into the growing medical technology sector here, the latest push in the
      528 words
    • 324 3  -  Arthur Lee By arthurl@sph.com.sg Singapore DESPITE difficult times, this year's Bull Charge run garnered $2,038 million in donations for 12 local charities. J YPillay, chairman of Singapore Exchange Ltd, said: "The financial community has again more than risen to the occasion, with the number
      ARTHUR LEE  -  324 words
    • 356 3  -  Chen Huifen Bank commits to proposals on re-employing older workers By xuifen@sph.com.sg Singapore MAYBANK Singapore has emerged as the first bank here to make a a commitment to support the recommendations outlined recently in the Tripartite Guidelines on the Re-Employ-ment of Older Employees. Led by
      356 words
    • 624 4  -  Anthony Rowley Ministers ask for monetary policy support but BOJ chief says merely providing liquidity won't work in the face of falling demand By btworld@sph.com.sg Tokyo PRESSURE mounted on the Bank of Japan (BOJ) yesterday as the Cabinet Office declared the nation's
      AP  -  624 words
    • 634 4  -  Oh Boon Ping By huwenbin@sph.com.sg Singapore MUCH has been said of government stimulus packages and the nascent global economic recovery. But have investors given serious thought to the prospect of another crash? In a report, Societe Generale (SocGen) painted a Doomsday scenario in
      634 words
    • 700 5 Bloomberg Acting on concerns about hot money could put brake on sharp rise in Asian stock and asset prices Singapore ASIAN policy makers are studying capital controls to limit "hot money" inflows that may stoke asset bubbles and force their currencies to appreciate. Officials
      Bloomberg  -  700 words
    • 532 5 AP Chicago THE Oprah Winfrey Show an iconic, influential broadcast that grew over two decades into a daytime television powerhouse and the foundation of a multibil-lion-doflar media empire will end its run in 2011 after 25 seasons on the air,
      AP; AFP  -  532 words
  • Page 2 Miscellaneous
    • 65 2 NEWS LIVING Top Stories 2-5 Art L2-4 Raffles Conversation 6-7 CEOs' Hawker Guide L6-7 Week in Review 8 Watches LB-9 Companies 9^13 Weekend With LTO The CEO Column 14 Gadgets Lll Singapore 15-17 30r '%tf Letter From Abroad 18 World 19-22 s—' Stocks Stats 23-27 Home Garden LI2-13 Perspective 28-29
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      2435 6  -  Genevieve Cua Anthony Bolton's contrarian streak and eye for turnaround stocks has won him much acclaim in fund management and billions in assets for Fidelity. The retired fund manager remains very much involved in finance. By i GOOD investor gets it right 60 per cent of the time,
      YEN MENG JIIN  -  2,435 words
    • 73 6 Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Raffles Hotels Resorts epitomizes enchanting experiences, embodying global sophistication and residential charm. Each is exclusive, intimate with a distinctive sense of place, imbued with heartfelt service that is intuitive and unobtrusive "like
      73 words

  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK
      • 123 7 TWENTY-ONE of the world's leaders have pledged to chart a "new growth paradigm" for the Asia-Pa-cific region as well as to reject all forms of protectionism. The global economy is starting to recover from the worst financial crisis in decades, with Asia-Pacific
        ARTHUR LEE  -  123 words
      • 37 7 SINGAPORE'S three publicly funded universities may have lost hundreds of millions of dollars from their endowment funds in the year to March from the vicious downturn in financial markets.
        37 words
      • 54 7 IN a landmark close encounter, US President Barack Obama on Sunday urged Myanmar leader Them Sein to release pro-democracy leader Aung San Suu Kyi. The US President had said in a major Tokyo speech that Myanmar's military junta must take steps to "unconditionally
        54 words
      • 83 7 TWO years before the law on re-employing older workers comes into play in 2012, the picture is al- ready falling into focus. Among the key draft guidelines: re-employ-ment should be offered to those who are medically fit and had performed at least satisfactorily; the
        83 words
      • 57 7 THE number of private homes that developers launched and sold in October slowed to their lowest levels since housing sales began their revival in February. While the outcome was expected, the big question is how long it will take
        57 words
      • 44 7 WITH optimism finally surfacing among businesses here after six quarters of gloom, the latest BT-UniSIM Business Climate Survey now predicts that Singapore's economy will grow by up to 5 per cent in the present quarter.
        44 words
      • 68 7 IF it doesn't work the first time around, try again. That, plus the fact that the operating environment is improving, has prompted Changi Airport Group to invite tenders for a third ground-handling specialist. This comes less than a year after
        68 words
      • 51 7 THE government is releasing a new land site to develop a power station in Lorong Halus, Tampines the first in the eastern part of Singapore. It also plans to develop an electricity futures market here, Energy Market Authority CEO Lawrence Wong
        51 words
      • 57 7 CHINESE Premier Wen Jiabao told President Barack Obama his nation does not seek a trade surplus with the United States and wants to balance flows, striking a conciliatory note but avoiding public comment on currency rifts. Mr Wen made the comments on
        57 words
      • 78 7 THE economy is out of the woods, but the recovery won't be spectacular or even smooth sailing, says the Ministry of Trade and Industry. Unveiling what it calls a cautious but realistic forecast of 3-5 per cent GDP pace
        78 words
      • 42 7 ASIA is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge government debt across the industrialised countries, the OECD said on Thursday.
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  • Page 7 Miscellaneous
    • 179 7 CRYPTIC CROSSWORD 1 English constable is I depravity (8) (6) I sing inside (8) 22 Hesitation by lout I yesterday's solution Sounding a vowel Change 26~^ Across: 1 Scored, 4 Scissors, 9 Ac- 14 Star, 17 Upholsterers, 20 Fun of 23 Highest point at which to the fair 23 User,
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    • 110 7 NEXT WEEK Nov 23-27, '09 SINGAPORE DATA Nov 23 Oct Consumer Price Index Nov 26 Oct Producer and international trade price indices Oct Index of industrial production US DATA Nov 23 Oct existing home sales Nov 24 Q3GDP Nov consumer confidence Sept FHFA Home Price Index Nov 25 Oct Personal
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  • COMPANIES
    • 529 8  -  Chew Xiang By xchew@sph.com.sg Singapore THE battle for control of MacArthurCook Industrial Reit (MI-Reit) appears to be over after the Monetary Authority of Singapore (MAS) blocked a rival from managing MI-Reit because of a potential conflict of interest. Appendix 2 of MAS's
      529 words
    • 482 8  -  Chen Huifen By xuifen@sph.com.sg Singapore INVESTMENT holding company Neptune Landing said it intends to make a general cash offer for mainboard-listed British and Malayan Trustees (BMT). The offer, which is triggered by an agreement between Neptune Landing's sole owner and OCBC
      482 words
    • 610 9  -  R Sivanithy STOCKS I sivan@sph.com.sg Senior correspondent AS HAS been the case for months now, trading in the week just past was dictated by two main considerations: the strength or weakness of the US dollar and expectations of how Wall Street might
      610 words
    • 110 9 VOL CLOSE jentins SP 79,713 109 1.0 0.9 Golden 61,729 47 0.5 1.1 lomi 46,822 0.0 O.( 'ins Li 36,237 63 1.0 1.6 'eledata 35,197 5 0.5 11.1 5nj ;Tel 32,644 292 -3.0 -1.0 ;emsTO 30,771 0.5 6.7 'ans 28,823 116 4.0 3.( in Joo 27,011 0.5
      110 words
    • 57 9 CLOSE UP IBXTDJE50 10US$ 4468 335.4 5/ iBXTS&P Short 10US: 5562 91.5 i.: iLD 10US$ ***** 91.5 0.( >BXT MSEuroi 10US$ 4357 70.7 i.: iBXT FTVietnam 10US$ 5392 44.4 cor India NifD 10 1487 40.0 2.! lardine C&C 2488 36.0 1.! iBS Gri 1486 26.0 1.! IL Asia
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    • 58 9 CLOSEDOWN DBXT Nil 10US$ ***** -123.4 -0.! DBXT FTChina25 10US$ 3207 -91.5 -2.0 UOB.ES.0911 1942 -52.0 -2.6 IMH 3048 -44.4 -1.0 ir China H 10US$ 1721 -43.0 -1.! iTXPO 100 1436 -36.0 -2.4 DBXT MSTaiwan 10US$ 1558 -31.9 -1.5 ;ia 1392 -20.0 -1.4 MS India 10US: 1447 -18.0
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    • 97 9 4.090 -0.010 Cai litaMall 1.720 +0.060 Cifr 'Dev 10.420 +0.060 ComfortDelGro 1.530 Cosco Corp 1.120 +0.020 DBS Grp 14.860 +0.260 F&N 3.950 -0.010 Gentin: SP 1.090 +0.010 Golden Agri 0.470 +0.005 HK Land 4.650 -0.030 JMH 30.480 -0.320 JSH 18.000 Jardine C&C 24.880 +0.360 Keppel Corp 8.130 +0.090
      97 words
    • 484 9  -  Siow Li Sen By lisen@sph.com.sg Singapore POOR and miserable shareholders of Global Investments Ltd (GIL) were urged by directors yesterday to exercise their rights and turn up at next week's meeting to vote for a new fund manager. At a meeting
      484 words
    • 383 11  -  Teh Shi Ning The water-treatment group intends to develop two sites in phases over the next 3-5 years By tshining@sph.com.sg Singapore HYFLUX has unveiled a $120 million expansion plan to develop a new global headquarters and a new membrane manufacturing facility in Singapore.
      FILE PHOTO  -  383 words
    • 186 11 SINGAPORE low-cost carrier Tiger Airways is considering an initial public offering of at least US$5OO million some time next year, the Wall Street Journal yesterday quoted a person familiar with the situation as saying. "At this time, they are considering
      186 words
    • 370 12  -  Felda Chay It is engaged to gather offshore seismic information in New Zealand waters By feldac@sph.com.sg Singapore OTTO Marine said yesterday that its subsidiary, Reflect Geophysical, has been awarded a US$lO million contract from Crown Minerals the arm of the Ministry of Economic Development
      370 words
    • 226 12 Bloomberg London TAN Tien Leong, the former fund manager at Millennium Capital Partners LP, plans to start a commodity hedge fund in January. The AN Commodity Fund, based in Singapore, will invest in energy, metals and agricultural derivatives traded on exchanges, Mr
      Bloomberg  -  226 words
  • Page 8 Advertisements


  • Page 10 Advertisements
    • 787 10 Important Notice: MI-REIT has an EGM on Monday, 23 November 2009, at Vanda Ballroom, Level 5, Marina Mandarin Singapore, which is critical to: MI-REIT meeting its substantial and immediate funding obligations Providing a stronger platform for MI-REIT to provide a safe and secure investment for you; and If the resolutions
      787 words


  • Page 12 Advertisements
    • 124 12 Pravasi Bharatiya Divas Engaging the Diaspora: the way forward www.pbdindia.org 7 9 January 2010, Vigyan Bhawan, New Delhi BE THE CHANGE THAT YOU WANT INDIA T® BE. Special Highlights Inaugural Session with the Prime Minister of India Conferment of Pravasi Bhartiya Samman Awards Valedictory Session with the President of India
      124 words

  • FROM THE DESK OF
    • 894 13  -  Bert Wong Focus has to be on the optimisation of output, IT devices, document management and software applications to ensure efficient and sustainable management of office documents FROM THE DESK OF Managing Director Fuji Xerox Singapore WITH the evolution of the workplace attributed to the
      894 words

  • SINGAPORE
    • 403 14  -  Teh Shi Ning It is playing an increasingly important role in driving professional services growth By tshining@sph.com.sg SINGAPORE'S professional services have been traditionally dependent on domestic demand but external demand for them has risen in recent years and will be key to the sector's
      403 words
    • 337 14 IT is the only portrait of US President Barack Obama that he has signed, and Singapore-based boutique investment banking advisory firm DeConseil Pte Ltd has been tasked to exclusively advise the artist behind the painting on a private art deal.
      337 words
    • 332 14  -  Joyce Hooi By joyceh@sph.com.sg DOMESTIC wholesale trade increased 6.1 per cent in Q3 quar-ter-on-quarter compared to a 7.7 per cent increase in Q2, according to the latest figures from the Singapore Department of Statistics. Excluding petroleum, overall domestic sales grew 4.4 per cent quarter-on-quarter.
      332 words
    • 329 15  -  Joyce Hooi International Advisory Panel also recommends industries that the Republic can focus on By joyceh@sph.com.sg THE International Advisory Panel (lAP) on Clean Energy gave Singapore the thumbs-up for the country's blueprint on clean energy, after meeting for the last two days
      329 words
    • 418 15  -  Agnes Wee By aggie@sph.com.sg IMAGINE sunbathing on the net stretched across the twin hulls of a luxurious catamaran on a clear sunny day as it sails smoothly through azure waters. Proud owners of the new BMW 7 Series vehicles can enjoy such
      418 words
    • 332 15  -  Felda Chay By feldac@sph.com.sg DESIGN can be used as a strategic business tool to help Singapore become a world-class healthcare hub, the international advisory panel to Design Singapore Council (an offshoot of the Ministry of Information, Communications and the Arts, or Mita) said
      332 words
    • 245 16 TO raise funds for young artists, Wolfgang Violin Studio and The Arts House have teamed up to present The Romantic Violin on The Brahms Strad, an evening of music that will feature local virtuoso Mm Lee and Czech pianist Vaclav Macha. Mm Lee will
      245 words
    • 462 16  -  Yen Sreenivasan Watch out against discriminatory European and US policies, warns SIA chief executive By ven@sph.com.sg ASIA-PACIFIC carriers must make their voices heard loud and clear to avoid falling victim to the unfair and discriminatory policies of European and American regulators, Singapore Airlines CEO
      FILE PHOTO  -  462 words
    • 590 16  -  Joyce Hooi By joyceh@sph.com.sg THE Central Provident Fund (CPF) Board has been gaining ample understanding of the phrase "you can't please everyone" since it launched the CPF Life annuity scheme in February 2008 and introduced a variant early this year. Even after the more
      590 words


  • Page 16 Advertisements
    • 205 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF YUKRAINE PTE LTD (Company Registration No.: *****4855H) (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of
      205 words

  • LETTER FROM ABROAD WITH ASCOTT
    • 959 17  -  Indrajit Ray Chaudhury LETTER FROM I SYDNEY I Product Engineering Manager Memjet Printhead Singapore Sydney is a great place for healthy living, with its numerous national parks and miles of hiking and cycling trails. It's great for lazing as well, with the many beaches,
      959 words
  • Page 17 Advertisements
    • 142 17 NOW DEFINING GLOBAL LIVING IN SINGAPORE li 180 l From the spacious exclusivity and refinement of Ascott to the pampering touches for 1M I the family at Somerset, or the vibrancy of independent city-living at Citadines, there __JI. J»3ji=m is an Ascott International serviced residence designed to make you feel
      142 words
    • 15 17 THE ASCOTT GROUP A Member of Capita Land Thisseries is broughttoyou by The Ascott Group
      15 words

  • WORLD
    • 597 18 Bloomberg Democrats jump to his defence, blame Bush policies for economic ills Washington US TREASURY Secretary Timothy Geithner, as part of a grilling on Capitol Hill on Thursday, was asked by a Republican lawmaker to resign. It is a call he is
      Bloomberg; AFP  -  597 words
    • 425 18 Bloomberg Kuala Lumpur AIRASIA Bhd, South-east Asia's biggest discount carrier, plans to join Malaysian lender CIMB Group Holdings in seeking a dual stock listing in Thailand, chief executive Tony Fernandes said. The airline, already listed in Kuala Lumpur, also plans to have
      Bloomberg  -  425 words
    • 298 18 Reuters Zurich BIG shareholders at Goldman Sachs, which is on track to pay out the biggest bonuses in the company's history, have asked the US bank to pass more profit to investors, the Wall Street Journal reported. Although investors are not pushing
      Reuters  -  298 words
    • 235 19 Reuters Lucknow, India SHREWS, beware: a group of Indian husbands tired of being harassed by their wives are demanding that the local government create a male protection society to address their grievances. The men, who said they had had enough of their "nagging" wives,
      Reuters  -  235 words
    • Briefing
      • 88 19 AP it Although it is too early to say the crisis is over, it is time to withdraw some of the policy measures that supported the financial system through the credit crunch, said European Central Bank president Jean-Claude Trichet yesterday. In a speech
        AP  -  88 words
      • 80 19 Reuters Japan Airlines Corp may have to pay about 100 billion yen (Ssl.s billion) to settle derivatives transactions, the Yomiuri newspaper said yesterday, sending the struggling carrier's shares down 3 per cent to a record closing low. JAL denied the report, which said
        Reuters  -  80 words
      • 86 19 AFP The Association of South-east Asian Nations must remain at the core of regional affairs despite competing visions for a new Asia-Pacific diplomatic framework, its secretary-general Surin Pitsuwan said yesterday. The "plethora of regional architectures that has been proposed in recent times"
        AFP  -  86 words
      • 69 19 Bloomberg »n Commodities will likely attract a record US$6O billion this year as investors seek to diversify their assets, Barclays Capital said. Inflows so far this year are almost US$55 billion, more than the previous full-year record of US$5l billion set in 2006, the bank said.
        Bloomberg  -  69 words
    • 442 19  -  S Jayasankaran Smaller-than-expected contraction has economists saying worst is over for economy By in Kuala Lumpur THE Malaysian economy in the third quarter contracted by a less-than-ex-pected 1.2 per cent in real gross domestic product (GDP) terms, confounding consensus estimates of minus 2-3 per
      AFP  -  442 words
    • 483 19 Bloomberg New York SANDS China Ltd, the Macau casino unit controlled by billionaire Sheldon Adelson, is set to raise as much as HK$26 billion (554.7 billion) in Hong Kong's biggest initial public offering (IPO) this year at a higher valuation than investors
      Bloomberg  -  483 words
    • 630 20 NYT White House numbers on jobs created by stimulus may be wrong, admits oversight official Washington THE government watchdog overseeing the Federal stimulus programme testified on Thursday that he could not vouch for the Obama administration's recent claims that the money had saved or
      NYT  -  630 words
    • 565 20 Bloomberg Washington EXPRESSING frustration with the Obama administration's light touch on China's yuan exchange rate, two US senators asked the Commerce Department on Thursday to investigate alleged Chinese currency "manipulation". Senator Charles Schumer, a New York Democrat, and Senator Lindsey Graham, a
      Bloomberg  -  565 words
    • 353 20 3loomberg Shanghai CHINA'S 11 largest publicly listed banks may need to raise about 300 billion yuan (Ss6l million) by selling shares and bonds to ensure they have adequate capital for credit growth, according to BNP Paribas. The lenders would need
      3loomberg  -  353 words
    • 546 21 Reuters Compromise candidate little known outside his own country Brussels EUROPEAN Union leaders named Belgian Prime Minister Herman Van Rompuy, who is little known outside his own country, as the bloc's first president on Thursday to lead efforts to make it more
      Reuters; AP  -  546 words
    • 445 21 AP Washington IT'S the hottest ticket in town. Just don't ask the White House who got them. The White House is saying very little about next week's state dinner with Indian Prime Minister Manmohan Singh, the first for President Barack Obama.
      AP  -  445 words
    • 364 21 Reuters Geneva GOVERNMENTS must ensure they avoid discriminating against foreign suppliers in economic policy and financial regulation as the global economic crisis ebbs, the World Trade Organisation said. "There has been no systemic breakdown in the international trading system and
      Reuters  -  364 words




  • SGX
    • 8773 22 SZ-wks Tel ligh Low Code Company Last Sale Vol Day Last Quote C000) High Low Buyer Seller Div GrYld Net C'vr P/E M Cap Smil 7 3 3148 8Telecom 2.5 5834 A-Sonic 14 15 5000 ABR Hldgs 5.5 5.5 1938 AEI Corp I 1 1100 AEM
      8,773 words
    • 1552 25 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E Smil 0 5 1181 s AA Grp IS 12 8538 t APStrategic 0.5 1501 s Advanced System '.5 2 3480 t Adventus !0 8.5 3518 t Afor 2.5 2 1524 t Alantac 1 3.5 7814 t
      1,552 words
    • 48 25 Up Down Unch 5 8 3 Up Down Unch 0 0 0 Up Down Unch 5 8 3 lulti Ind lanui Fact :unni .ommerce ■inance .onst ruction lotel 5ts" >ervices >as/ fateF ;ricul ;ure juarr Active counters with no volume for today are not included
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    • 182 25 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
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    • 827 25 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Nov 16 Trans Date Shareholder/ Director Sell Conv Shares '000 Per Shr$ Before ('000) After ('000) itock Hldgs Ltd 19-Nov-09 Chen Wei Ping :ortune Reit 19-Nov-09 Lim Hwee Chiang :ortune Reit 18-Nov-09 Lim Hwee Chiang 'ing
      827 words
  • Page 22 Advertisements




  • MARKETS
    • STOCK MARKETS
      • 3 26
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      • 363 26 Nov19 dy yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminai 807.3 -1.5 19.1 -1.4 20.5 -1.9 24.9 EAFE Preliminai 754.4 -1.3 16.2 -1.4 22.3 -1.9 26.7 Euroi Preliminai 1093.2 -1.5 19.9 -1.9 26.9 -2.3 31.5 Pacific 590.2 -0.9
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      • 147 26 Nov2(\ lurrencies Bid 7$/US$ to one unit of foreign currency: Australian dollar 1.2730 Offer Bid Offer 1.2750 0.9185 0.9186 .anadian dollar 1.3009 1.3034 0.9386 0.9391 Euro 2.0661 2.0699 1.4907 1.4913 NZ dollar 1.0116 1.0138 0.7299 0.7304 jterlini 2.3037 2.3071 1.6621 1.6622 US dollar 1.3860 1.3880 7$/US$ to
        147 words
      • 4 26
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      • Article, Illustration
        2 26
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      • 73 26 Nov jsfl IOCOA (£/tonne) Close Prev Hii Sh/Low )ecO9 2061 2078 2079/2055 2098 2120 2121/2094 day 10 2119 2141 2140/2114 lul 10 2055 2076 2074/2054 COFFEE (US$/tonne) Close Pev High/Low \lov09 1311 1334 1327/1318 Ian 10 1327 1354 1342/1311 dar 10 1366 1399 1385/1349 SUGAR (US tonne) White Close
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      • 92 26 Nov i iOYBEANS (5,000 bu min; USc/60 Ib bushels) Close Previous High/Low lan 10 1039.*****7.*****9.*****6.00 dar 10 1044.*****3.*****4.*****2.00 day 10 1046.*****5.*****5.*****7.25 lui 10 1050.*****9.*****9.*****9.00 SOYBEAN/OIL (60,000 lbs; usq/lb) Close Previous High/Low 3ec09 39.45 39.75 39.99 39.20 lan 10 39.89 40.18 40.42 39.63 dar 10 40.28 40.54 40.79 40.00
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      • 74 26 Nov i°|| :rude ISS/barrel (FOB origin) Close Change Srent blend (1-Mth F) VTI (Near Mth) )ubai (1-Mth F) 'apis blend /linas 77.65 -2.23 77.64 -2.00 78.74 -0.73 81.55 -0.35 80.35 -0.85 •RODUCT ISS/barrel (FOB Spore) Close Change \l aphtha let Kerosene 77.30 -0.75 86.80 -0.80 JSS/barrel ipec Oil Basket
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      • 55 26 IVoy2o| loz] Jov Jov -long Kong 1136.*****2.40 Nov18 Nov19 .ondon 1147.*****1.40 1148.*****2.20 Source: Thomson Reuters SILVER Selling Buying >assbook 1 oz 25.72 25.49 >LATINUM /Lon (US$/oz) Nov19 Close Previous 'M Fix 1435.*****9.00 iMFix 1430.*****9.00 Source: Thomson Reuters M-ATINUM /NYMEX (US$/oz) Nov 19 Last Prev High/Low Ian 10 1443.9 *****455.9/1423.6
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      • 58 26 ftfoy2o| lelivery 4onth Opening Range Sett Price Av Price Low Vol Done Open Positioi Hi) 3ecO9 Ian 10 reb10 ■yiar 10 2335 2368 2371 2371 2370 2374 2335 405 3531 2392 2395 2347 2167 ***** 2419 2419 2361 8744 ***** 2415 2416 2370 1420 9043 Total o/r 'p:
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      • 62 26 Novjm tluminium, 99.7% mrity (US$/tonne) Close Previous :ash months 1997.25 2031.00 2032.00 2066.00 :opper, Grade A ;us$/tonne) lash J months ■ead (US$; 6766.75 6795.00 6855.50 6880.00 ttnne; :ash months 2307.00 2331.00 2381.50 2403.00 :ash months 'in (US$/tonne; *****.00 *****.00 *****.01 *****.01 :ash months :inc, Special Hi; *****.00 *****.01
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  • PERSPECTIVE
    • Article, Illustration
      984 27  -  Neil Behrmann The 70s are a warning that if Bernanke and the Obama administration's economic team continue with their excessive monetary expansion policy and US dollar neglect, the consequences could be severe. London correspondent PERSISTENT US dollar weakness and the rush into gold seems to suggest that
      REUTERS  -  984 words
    • 868 27  -  Ang Swee Hoon By GREAT brands have an ability to make consumers see the brilliance or relevance in what was previously mundane or seemingly not important. They are able to craft themselves into products that consumers cannot do without, thus demanding their loyalty to them, if
      868 words

  • Wealth
    • WEALTH INVESTING
      • 1141 28  -  Genevieve Cua Allan Conway, Schroders' head of emerging market equities, says that the emerging markets of today are the safe haven. By "▼"HY invest in the "submerging" developed economies when you can place your long term bets on the emerging markets? Allan Conway, Schroders' head of
        AP  -  1,141 words
      • 722 28  -  CONRAD TAN Singapore Strategy Buy DBS Group Research Nov 2 IN line with DBS economists' forecast of a V-shaped recovery, we expect corporate earnings growth to rise by 21.6 per cent for 2010, up from 18 per cent in the previous quarter. As recovery normalises, earnings growth for
        722 words
      • 1100 29  -  Sani Hamid WEALTH INSIGHTS We are now in a unique phase where investors are generally bullish on the economy but have yet to react Director, wealth management (economy strategy) Financial Alliance IN RECENT weeks, I have started to notice an important characteristic of investors:
        1,100 words
      • 40 29 Chart 1: Estimated long-term mutual funds flow (Jan 2007 Sept 2009) Diagram 1: Performance of equities vs bonds Source (rightgraphic): Source (left graphic): Barclays Capital, FA Wealth Management Investment Company I nstitute
        Barclays Capital, FA Wealth Management; Investment Company I nstitute  -  40 words
      • 1281 30  - Value investing and longevity the distinct link Teh Hooi Ling SHOW ME THE MONEY An analysis as to why some well-known value investors live much longer than the average person hooiling@sph.com.sg Senior correspondent investing is about buying ung dervalued securig ties. It's about lookI m at parts of the market
        STOCK.XCHNG  -  1,281 words
    • WEALTH REAL ESTATE
      • 588 32 Reuters It attracted record HK5567.5 billion in fund inflows in the past 13 months Hong Kong HONG KONG'S central bank chief Norman Chan warned that asset prices in the city could climb sharply next year and disconnect from fundamentals, raising the risk of
        Reuters  -  588 words
      • 436 32  -  Kalpana Rashiwala By kalpana@sph.com.sg AFTER an almost two-year wait, Marina Bay Suites will finally be previewed next Wednesday to WIPs and invited buyers, BT understands. Pricing for the preview has not been finalised, but some market watchers suggest it could be a shade
        MARINA BAY FINANCIAL CENTRE  -  436 words
      • 165 32 Bloomberg Hong Kong HONG KONG plans to tighten restrictions on marketing of uncompleted apartments, responding to concerns that misleading sales tactics by property developers have contributed to a surge in prices this year. The measures will require developers to provide more transparency about
        Bloomberg  -  165 words



  • Page 31 Advertisements
    • 952 31 PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) District 9 Kovan Residences Apt 02/11/2009 99 1259 1073 852~ NON LANDED Nouvelle Park Apt 28/10/2009 FH 1615 945 585 Aspen Ht Apt 29/10/2009
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  • Page 33 Advertisements
    • 27 33 I Published and printed by Singapore Press Holdings Limited. Co. Regn. No. *****2868 E. A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs@sph.com.sg, Fax 6746-1925.
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  • Page 34 Miscellaneous
    • 57 34 I i fc^^^^^^^^^^j COME INTO MY PARLOUR \V Z^Tbl^Z ~~^t W Art^or t^ie Pu':)''c 'n a Pr' vate space PHOTO: JOHN HENG CEOS'HAWKER GUIDE GADGETS COMFORT Get cracking crabs L 6-7 Sitex highlights Lll A guide to healthy sleep Ll6-21 WATCHES PERSONAL SPACE MOTORING Off the beaten track LB-9 Making
      57 words

  • BT Living
    • ART
      • 1679 35  -  Clarissa Tan Art for the public in a private space. %J In an unusual event, some residents of Niven Road will allow their homes to be turned into galleries where everyone is welcome By VISHRUT Jain and Priya Rath are excited, but their domestic helper is
        JOHN HENG  -  1,679 words
    • CEOS' HAWKER GUIDE
      • Article, Illustration
        1290 38 BT Weekend goes trawling to find the best crab dishes on offer in Singapore. By Audrey Phoon THERE are no secrets when it comes to crabs at least not in regard to finding the creme de la creme of cooked versions. After all, the best crab dishes are
        1,290 words
      • 621 38  -  Audrey Phoon Tan Tiong Cheng Chairman, Knight Frank By NAME crab done any way, and Tan Tiong Cheng has probably eaten it. The chairman of Knight Frank and the brain behind the CEOs' Hawker Guide series is a huge fan of crab, and can rattle off a whole
        YEN MENG JIIN  -  621 words
    • WATCHES
      • 1000 39  -  1 Melissa Lwee To Maximilian Busser and Alain Silberstein, horology is an art. By IT was a meeting of two minds one, an independent watchmaker with a vision to turn timepieces into works of art, and the other, a renowned archi-tect-turned watchmaker famous for his avant-garde Bauhausinspired
        1,000 words
      • 687 39  -  Melissa Lwee Creativity and passion are key to the success of Urwerk. 3yl WHEN it comes to making watches you can go one way or another traditional or avant garde. Taking the latter road was precisely what Felix Baumgartner and Martin Frei, co-found-ers of avant garde
        687 words
    • WEEKEND WITH
      • 786 40  -  Chuang Peck Ming Patricia Kan found some fine distractions in Panerai watches. By jA SLEEK black Lam/^t borghini is parked downstairs and the private lift shoots right up into her apartment, a stylishly furnished pad in Bedok. Leading you in is owner Patricia Kan, a slim
        ARTHUR LEE  -  786 words
    • GADGETS
      • Article, Illustration
        933 41  -  Christopher Lim A variety of discounts will be on offer at SITEX 2009 just in time for festive shopping. By JAYS C-JAYS Regular price $238 AS a general rule, bigger headphones sound better than smaller ones, so in terms of pure sound quality, the c-JAYS lag comparably
        933 words
    • HOME & GARDEN
      • 1168 42  -  Geoffrey Eu personal space Christopher Guy specialises in elegant and highly imaginative furniture his home is no different. By YOU may not have heard of Christopher Guy yet, but chances are you have seen his distinctive furniture in some swank hotel in London or Las Vegas or
        YEN MENG JIIN  -  1,168 words
    • COMFORT
      • Article, Illustration
        786 44 FOR RESTFUU REFRESHING SLEEP, PERFECT SUPPORT IS KEY. BY CORINNE KERK A f there's one reason why we go to bed at night, it is to wake up refreshed after a comfortable sleep. Hence, what we sleep on is key. To achieve a comfortable rest, your head,
        786 words
      • Article, Illustration
        485 45  -  CHEAH UI-HOON THE RIGHT PILLOW CAN MAKE ALL THE DIFFERENCE TO YOUR SLEEP, SO LOOK FOR ONE THAT'S TAILORED TO YOUR NEEDS. BY esides the mattress, the other crucial implement for a good night's sleep is definitely your pillow. 3 Here too, technology is constantly evolving to create
        485 words
    • TRAVEL
      • 1441 49  -  Swaran Kapur _L It's a part of the world %J that's very easy to fall in love with Slovakia and the Czech Republic enchant the visitor. By do Bohemia and Bollywood have in common? Nothing much, you'd think. But there I was, in Central Europe last month, reminded
        JURAJGASPAR/WWW.SLOVAKIA.TOURISM.COM; CHARLES BRIDGE, TOWN HALL CLOCK AND KARLOVY VARY COURTESY OF WWW.CZECHTOURISM.COM  -  1,441 words
    • SPORT
      • 655 50  -  Lee U-Wen no holds barred leeuwen@sph.com.sg Correspondent BOXING'S dream fight is close to becoming a reality next year, one that will finally settle the long-standing debate of who is the greatest fighter of the modern era. In one corner will be the Philippine sensation
        655 words
      • 923 50  -  John Dykes kick off with John dykes FOOTBALL fans will this week have become aware of the contribution a placenta will be making to Arsenal's bid to win the Barclays Premier League title. Under the magnificent headline "Van Persic's a Placenta Forward!", the Daily Mirror (and
        AFP  -  923 words
    • GOLF
      • 1412 51  -  Justine Moss Hoping to rise in the game, China has launched a programme aimed at developing and promoting junior golf. By IF the figures from the recent HSBC Champions tournament in Shanghai are anything to go by 30,000 fans followed Tiger Woods, Phil Mickelson
        1,412 words
    • MOTORING
      • Article, Illustration
        657 52  -  Samuel Ee A globally developed car made by Chevy, the Cruze is racking up strong sales because of its affordability and quality. By FIRST, there were the Hyundai Avante and Baa Cerato Forte. Now, another Korean car is planning to cruise up the popularity charts as well. Strictly
        657 words
      • 813 53  -  Samuel Ec C&Cs Mitsubishi Extreme Drive is the first with a very special section not seen in Singapore before. By DRIVING clinics and other events at the Changi Exhibition Centre are becoming so commonplace that the phrase "dime a dozen" springs to mind, and the only
        813 words
      • 473 53 THE Mitsubishi Extreme Drive "stunt driving" event last weekend was used to launch a new model the new Mitsubishi Lancer EX Ralliart. The name may be a little long, but its message is short and sharp. The Lancer EX Ralliart is basically a more genteel
        473 words
      • Article, Illustration
        580 54  -  Samuel Ee The latest version of the popular German hatchback now sports chiselled good looks on top of its safety credentials. By FORCED induction seems to be de rigueur for small VWs these days, so it comes as a bit of a surprise that there is no
        580 words

  • Page 36 Advertisements
    • 1099 36 Wine^ Cline with BTWeekend Chatterbox menus, from fresh seafood, soups, enticing information, please call 6826-8240 or email West in a delicious harmony of flavours. With Level 5, Orchard Wing local and international dishes, unique noodle celebrate.sin@panpacific.com. an array of International favourites and Asian Meritus Mandarin Singapore bar station to one
      1,099 words

  • Page 37 Advertisements
    • 41 37 I [I 'Wt^BBFII i—, i' I Hpj I ~•>., iflH i ■'-V 1 H 'V i »a m I I rSEm H wM"-M '^k I mm I 1^ F'''' V I BBP ■"'■*■>*' y* ■""*^^^s^.'''t*i^si* BHHpH|pHHH||PH|H|H H^jk Kj|j|tjj|||l|j|l|| H9 jllll 11T0P^KiTlL^^^TJf*lX^JIP^BJM^X^^k^TM4t*il^^^^l since 1955^|
      41 words






  • Page 43 Advertisements
    • 979 43 SSSI Cap/taMalls our mails, China BEIJINGibs#«™» NJIN« D AUAN* a Japan XX^% I I I_ S I ._l .m^ 1Acja :i,^c= YOUR children s =^«c 4h A 5 countries ijidyy ruuiiuIndia la, /I Q* MW. PENANGB Ma.aysia ONE UNIQUE INTEGRATED A lB&' singa P o^ LUMPUR"8S SHOPPING MALL BUSINESS x
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  • Page 44 Advertisements
    • 205 44 [Simmons 1 _^_^_^_^_^_^_^_\__&__&s^^_^__\_t_\__B MT^M m^^^^mm^W*\ Perfect I FEEL RESTED EVEN WHEN YOU'RE AWAY Experience the All-New Hybrid sleep from Simmons the Ist ever in J' Singapore and Asia Experience a new wave of sleep care in the Simmons® Beautyrest® NxG™ Series, where the legendary Pocketed Coil® system meets the Next
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  • Page 45 Advertisements
    • 226 45 (f~bT"C|\/| P| ID Changing the way the world steeps.' 7*" PRESSURE RELIEVING MATTRESSES AND PILLOWS ■^rGjfc TxcCusive Trotnotion L^lPj tiltl: Jri 20 Nov Sun 29 Nov About TEMPUR TEMPUR Care Set' W^ The secret to a good night's rest lies in the pressure-relieving TEMPUR NOW $499 (UP $677) material. The
      226 words

  • Page 46 Advertisements
    • 77 46 (Sernn We make the World!s Best Mattress.™ Introducing the new Technology in Sleep Systems, the new Pocket on Pocket Collections *V r it SERTA SLEEP CENTER "'ffrn^.nfv IMM BUILDING #03-02 Jl® JURONG POINT #03-16 Jp^| MARINASQUARE #03-334 Pocket on Pocket LJ < PLAZA SINGAPURA 0507 TA MPI N E S
      77 words

  • Page 47 Advertisements
    • 426 47 =gg> Outlast Not too Hot, Not too Cold" Outlast® technology was originally developed by NASA for use in the gloves of astronauts to buffer against extreme temperature swings in space. Fabrics containing Outlast® technology are the only fabrics certified by NASA. Now, we use Outlast® technology to enable optimum sleep
      426 words
    • 5 47 bbH93BIb3 &#WWI WW^mm mft )mm7WmW¥fSwg
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  • Page 48 Advertisements
    • 85 48 BETTER SLEEP, BY DESIGN.™ The Fusion of Visco-Elastic a Memory Foam 100% Pure Natural Rubber Latex I ,m m 7 When science and nature work together, it's a dream come true. Luxurious conforming qualities More restful, pressure-free sleep of pure, natural rubber latex Exceptionally resilient and durable Heat and pressure
      85 words