The Business Times, 24 November 2009

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Microfilm: NL30312
Total Pages: 33
1 33 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|sl A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Tuesday, November 24,2009
    20 words
  • Article, Illustration
    Lock icon Upgraders sidelined as home prices soar: DTZ
    666 1  -  EMILYN YAP But private home dwellers enjoyed the party in Q3, buying more and paying more By [SINGAPORE] HDB upgraders account for a shrinking share of private home transactions as property prices rise and mass-market launches taper off. In contrast, private housing dwellers
    :: URA, DTZ Research  -  666 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      86 1 IS$ (S$ per US$) 1.385 (US$/S$ per 1.657 2.296 :URO (US$/S$/E) 1.496 2.073 Foreign currency per US$ S$ 'EN 88.80 64.10 3.377 2.438 IK$ 7.750 5.594 !AHT 33.22 23.98 lUPIAH 9,455 6,825 1ENMINBI 6.828 4.929 INDIAN RUPEE 46.46 33.54 1.084 0.782 1.369 0.988 1 COMP 1,270.88 -3.48 IIKKEI225 Closed
      86 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.810 TAIWAN 4.696 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source:
      Bloomberg  -  29 words
  • Article, Illustration
    Lock icon Ml-Reit gets its way after sound and fury
    580 1  -  CHEWXIANG Resolutions passed despite noise from unhappy minority By [SINGAPORE] Mac Arthur Industrial Reit (MI-Re-it) hired pistol-toting security guards to keep the peace at an acrimonious meeting of unitholders yesterday but other than the customary dash for the buffet line, no violence
    ARTHUR LEE  -  580 words
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      53 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      151 1 5* iJi<fN PROPERTY TAXES INSIDER TRADING OPINION tW^kW' I jfPt Resale prices of Easy does it, when it The world of dirty, Sri Lanka poised for big MT^| w J|J||§| exec condos up 63% comes to tax policy sexy money economic development §iS*fe|f^l| rage 33 PAGE 3 PAG E 21
      151 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Upgraders sidelined as home prices soar: DTZ
        79 2 HDB UPGRADERS account for a shrinking share of private home transactions as property prices rise and mass-market launches taper off. In contrast, private housing dwellers are buying more property as economic sentiment improves. According to property consultancy DTZ, buyers with HDB addresses accounted
        79 words
      • Article
        Lock icon Ml-Reit gets its way after sound and fury
        60 2 MACARTHURCOOK Industrial Reit hired pistol-toting security guards to keep the peace at an acrimonious meeting of unitholders yesterday though other than the customary dash for the buffet line no violence broke out. The meeting approved a controversial plan to recapitalise the troubled
        60 words
      • Article
        Lock icon Sembcorp ties up funding, bags mega Oman project
        86 2 AFTER a year-long struggle to re-secure financing for the mega utilities deal, a Sembcorp-led joint venture has finally clinched the US$l billion Salalah independent water and power project its second in the Gulf. Following this latest coup, Sembcorp president and CEO Tang
        86 words
      • Article
        Lock icon Easy does it, when it comes to tax policy
        65 2 THE global economic crisis has made tax policy changes an even tougher decision for most countries, as their need to protect revenues becomes critical. A new study by the World Bank and PricewaterhouseCoopers, has found that governments around the world have
        65 words
      • Article
        Lock icon Sino-Env independent directors fire back
        45 2 THE independent directors of Sino-Environment Technology Group have vigorously refuted the claims made by the executive directors, saying that complaints against its sacked financial controller and against the payment of certain professional fees are without merit. COMPANY NEWS, PAGE 4
        45 words
      • Article
        Lock icon Keppel O&M wins contracts totalling US$504m
        40 2 KEPPEL Offshore Marine has landed contracts worth US$3O4 million and a letter of award for a tender assist rig worth about US$2OO million for projects in Brazil and Vietnam respectively. COMPANY NEWS, PAGE 5
        40 words
      • Article
        Lock icon Consumer price index falls 0.8% in Oct
        75 2 SINGAPORE'S consumer price index fell 0.8 per cent in October from a year earlier, due to lower housing and holiday travel costs. The fall was slightly bigger than consensus expectations of a 0.4 per cent dip in October's prices from last year's relatively
        75 words
      • Article
        Lock icon Median resale prices for exec condos soar 63%
        87 2 THE median resale prices of executive condominiums have increased 63 per cent in the past two years, riding on the bull run in the private residential market, says a report by CB Richard Ellis. Caveats lodged for ECs in the resale market
        87 words
    • Article, Illustration
      Lock icon Sembcorp ties up funding, bags mega Oman project
      594 2  -  RONNIE LIM It is now exploring further expansion of Fujairah IWPP, other Mid-East projects By [SINGAPORE] After a year-long struggle to resecure financing for the mega utilities deal, a Sembcorp-led joint venture has finally clinched the US$l billion independent water and power
      594 words
    • Article
      Lock icon Higher borrowing cap to give $70b boost for bonds, CPF
      356 2  -  CHUANG PECK MING By [SINGAPORE] Parliament yesterday approved the government issuing bonds to raise another $70 billion to meet the needs of the Central Provident Fund and give the market for government bonds another push. The green light given also
      356 words
    • Article, Illustration
      Lock icon Existing home sales beat expectations with 10% rise
      482 2 Bloomberg LATEST US DATA Tax credit cited as key reason for gains in October [WASHINGTON] Sales of existing US homes increased more than forecast in October to the highest level since February 2007, spurred in part by a tax credit that lured
      Bloomberg; AFP  -  482 words
    • Article
      Lock icon Moves to cool property market worked: Mah
      427 2  -  EMILYN YAP Too early to decide whether to restore two loan schemes By [SINGAPORE] Measures introduced by the government in September to cool the property market have had an effect, National Development Minister Mah Bow Tan told Parliament yesterday. But more time is
      427 words
    • Article, Illustration
      Lock icon Goldman should help pay national debt: NYT
      537 3 Reuters It should be forced to take back CDOs, says NYT report [NEW YORK] A New York Times editorial slammed Goldman Sachs for its role in the financial crisis and said that instead of paying big bonuses to its employees, it should make
      – Reuters; AFP  -  537 words
    • Article
      Lock icon Easy does it, when it comes to tax policy
      647 3  -  MICHELLE QUAH Economies making it easier to pay taxes as this can boost growth: PwC report By [SINGAPORE] The global economic crisis has made tax policy changes an even tougher decision for most countries, as their need to protect revenues becomes
      647 words
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      12 3 V CATS Recruit The first door to your world of opportunities < o
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  • COMPANY NEWS
    • Article
      Lock icon Sino-Env independent directors fire back
      607 4  -  LYNETTE KHOO They say complaints against sacked FC and about payments are without merit By THE independent directors (IDs) of Sino-Environment Technology Group have vigorously refuted the claims made by the executive directors, saying that complaints against the company's sacked financial controller and about the
      607 words
    • Article
      Lock icon Xinfei fans interest in Hong Leong Asia
      812 4  -  YEN SREENIVASAN I F ITS share price movement in recent I days is any indication, diversified conI glomerate Hong Leong Asia (HLA) could I be cooking up one of the biggest corpo--1 rate deals this year. The mainboard-listed company's stock price has surged
      812 words
    • Article, Illustration
      Lock icon Keppel O&M secures over US$500m of orders
      501 5  -  NISHA RAMCHANDANI It will upgrade two drillships in Brazil; build a rig to be deployed in Vietnam By KEPPEL Offshore Marine (O&M) has landed contracts worth US$3O4 million and a letter of award for a tender assist rig worth about US$2OO million for
      501 words
    • Article, Illustration
      Lock icon Japan Land ID resigns
      169 5  -  JAMIE LEE By AN independent director of Japan Land has resigned from the board over disagreement with the control of one of the company's subsidiaries. Sin Boon Ann (right) who is also a Member of Parliament and deputy managing director of Drew Napier quit last Wednesday
      169 words
    • Article
      Lock icon Hyflux wins $95m Oman desalination deal
      393 5  -  TEH SHI NING By HYFLUX has won a $95 million contract to design and supply a desalination facility in Oman, furthering the water treatment group's ambitions in the Middle East region. Yesterday, Hyflux announced that its wholly owned subsidiary Hydrochem secured the contract to
      393 words
    • Article
      Lock icon Call to buy into defensive stocks, avoid govt bonds
      418 8  -  JAMIE LEE MARKET TAKES Henderson Global also sees equities market extending its run into 2010 By BUY into defensive stocks such as those in the pharmaceutical, technology and telecommunication sectors for their cheap valuations, said head of equities at Henderson Global
      418 words
    • Article
      Lock icon OCBCIR 'overweight' on oil & gas sector
      381 8  - OCBCIR 'overweight' on oil gas sector OH BOON PING Activity seems to be picking up despite lack of orders in Q3 By SINGAPORE'S oil and gas sector posted one of its slowest periods in terms of new orders in the third quarter of this year, but OCBC Investment Research (OCBCIR)
      381 words
    • Article
      Lock icon Reits still a good bet but issues remain
      431 8  -  UMA SHANKARI By ncAL estate investment trusts (Reits) are still a good bet for the most part, but issues remain that must be cleared up, said panellists at a roundtable yesterday. For one, a reform in the debt maturity profile for Reits
      431 words
    • COMPANY BRIEFS
      • Article
        Lock icon Ecowise bags NParks contract
        33 8 ECOWISE Holdings said it has been awarded a contract by the National Parks Board to design, build and operate a co-generation system at Gardens by the Bay (Marina South).
        33 words
      • Article
        Lock icon F&N sells educational services unit
        50 8 FRASER and Neave said its subsidiary, Times Publishing, has entered into a conditional sale and purchase agreement to sell its 100 per cent stake in Times Educational Services (TES) for US$2OO,OOO. TES was established to provide educational services for foreign universities and running diploma courses.
        50 words
      • Article
        Lock icon AusGroup unit wins Asloom contract
        56 8 AUSGROUP has announced the award of a Asloo million contract by BHP Billiton Iron Ore. Its Australian subsidiary, AGC Industries, won the contract for the structural, mechanical, piping and heavy haulage of the Rapid Growth Project 5 at the Yandi operation. With this contract, the
        56 words
      • Article
        Lock icon Eagle Brand to sell stakes in subsidiaries
        70 8 EAGLE Brand Holdings said it would dispose all of its equity interest in Foshan Shiwan Eagle Brand Ceramic, Foshan Shiwan Eagle Brand Hua Peng Ceramic Co, Ltd and Eagle Brand Ceramics Industrial (Heyuan) and settle inter-companies receivables for an indication consideration of 517
        70 words
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      312 5 GLOBAL BUSINESS OUTLOOK FOR fc "H Singapore //lIIIINp =Is' :><^l';.•'.'.'^v. DECEMBERS 2. 2009 /\JJ^ II W^ '^^H| ■^V... "$»V$V^ Presidents, ffVHfVfHHBSH^HIIHHi Prime Ministers and You. SUUI^IMIUs The Oxford Analytica Daily Brief has provided concise, K^j^^^f I authoritative, insightful and actionable analysis on major world 5A2 A^&S issues for over 25
      312 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Optimism, new contracts boost STI
      557 6  -  CONRAD TAN STOCKS The main stocks propelling the index higher are the three banks, as well as commodities traders STOCKS here started the holiday-shortened week on a bullish note yesterday, propelled by major contract wins at some firms and renewed optimism for the economic recovery
      Bloomberg  -  557 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      97 6 Up Down Unch Up Down Unch Up Down Unch Multi Ind 115 2 0 0 0 115 2 Manufacturing 51 54 65 13 57 58 78 Commerce 26 15 17 30 17 21 )t/Stor/Comms 14 16 10 14 16 13 Finance 16 16 instruction 10 11 10
      97 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      103 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 22,698 22,698 82,673 82,673 lanufacturing 356,672 8,528 365,200 269,050 535 269,584 lommerce 91,721 27,318 119,039 79,460 6,736 86,196 'pt/Stor/Comms 78,862 1,557 80,419 128,154 295 128,448 :i nance 43,352 43,352 265,928 265,928 lonstruction 38,734 5,347 44,081 7,389 114 7,503 'roperties
      103 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      102 6 lapitaLand 4.150 +0.060 lapitaMall 1.730 +0.010 jtyDev 10.460 +0.040 lomfortDelGrc 1.540 +0.010 losco Corp 1.130 +0.010 IBS Grp 15.180 +0.320 :&N 4.000 +0.050 ienting SP 1.090 iolden Agri 0.480 +0.010 IK Land 4.750 +0.100 IMH 30.700 +0.220 ISH 18.100 +0.100 lardineC&C 25.000 +0.120 Ceppel Corp 8.340
      102 words
    • Article
      Lock icon BROKERS' TAKE
      267 6  -  JAMIE LEE Sembcorp Industries Nov 23 close: $3.85 KIM ENG RESEARCH, Nov 23 SCI announced that it clinched the Salalah independent water power project (IWPP) in Oman, worth US$l billion. Sembcorp Utilities will hold 60 per cent of a joint venture company together with several Omani entities for
      267 words
    • Article, Illustration
      Lock icon Banks may give STI a boost this week
      281 6  -  KEN TAI CHART POINT THE STI is likely to head higher this week buoyed by the underlying strength in local bank stocks which, despite their recent price uptick, continue to trade below regional peer valuations. However, the current rally may be treading
      Bloomberg  -  281 words
    • Article, Illustration
      Lock icon Dollar suffers on rate view after Fed comments
      522 6 Reuters CURRENCIES [LONDON] The doUar feU broadly yesterday, hitting a six-week low against the yen after dovish comments from a US Federal Reserve official reinforced the view that US interest rates would stay low for a long time. Selling in the dollar
      – Reuters; REUTERS  -  522 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      60 6 \lov 23 VALUE CLOSE IT OB/OS 12.00-133.00 IT CADI -*****.00 +42.00 IT 10-day MA -*****.00 +2.00 TSE ST Mid Cap 642.03 +6.9. TSE ST Small Cap 520.38 +3.13 TSE ST All Share 684.43 +8.43 TSE ST China Top 268.30 +3.36 TSE ST China 289.21 +4.22 TSE ST
      60 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Yinq Li 99,702,000 SinoGrandnes 85,445,000 Golden Agri 73,468,000 Yanqzijianq 49,873,000 Teledata 30,603,000 AusGroup 25,809,000 Sinotel Tech 23,273,000 Gentinq SP 21,074,000 SwinqMedia 19,632,000 Novena 18,062,000 VALUE(S) DBS Grp 93,001,636 UOB 88,614,510 Capita Land 66,704,800 Yinq Li 64,730,680 Yanqzijianq 59,257,980 Keppel Corp 54,117,840 Sing Tel 50,567,910 OCBC Bk
      57 words
    • Article
      Lock icon RISES
      105 6 CLOSE UP ***** 282.5 1.8 LD 10US$ iBXT Ni 10US! ***** 121.9 0.: China H 10US$ 1760 54.0 2.3 India Ni 10 1531 44.0 3.' iBS.ES.0911 1498 40.0 2.7 IOB 1982 34.0 1.7 iBS Gri 1518 32.0 2.2 IMH 3070 30.5 0.7 IOB 5.05%NCPS 100 ***** 30.0 0.3 ICC
      105 words
    • Article
      Lock icon FALLS
      120 6 CLOSE DOWN DBXT FTVietnam 10US$ 5275-162.0 -2.2 DBXT S&P Short 10US$ 5520 -58.2 -0.8 BakerTechW/*****3 28.5 -21.5 -43.0 lUE 903 -20.0 -2.2 UOB.ES.0911 1926 -16.0 -0.8 ;txpo ioo 1424 -12.0 -0.8 At ES.0911 1036 -8.0 -0.8 DBS Bk6% NCPS 10 ***** -6.0 -0.1 Kim Eni Hid 201 -6.0 -2.9
      120 words
    • Article
      Lock icon CURRENCIES
      85 6 Wh lere S! stands Nov 23 CHNG CLOSE FRNOV20 YR2009 S$ LOW S$ HIGH uss 1.3855 0.21 1.5579 1.3833 Euro 2.0746 -0.47 2.0952 1.9150 Pounds 2.3010 -0.10 2.4366 2.0356 1.2784 -0.74 1.2942 0.9453 ren* 1.5587 0.23 1.7278 1.4831 Rill liah* 0.***** -0.11 0.***** 0.***** Baht* 4.1701 0.15 4.3390 4.1040
      85 words
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      99 6 The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and needs. CFDs are leveraged products and have the potential for both significant gains as well as losses. Before investing you should carefully
      99 words
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      126 7 BJBlBllßßßrlll^^ MS Merrill Lynch MM M) !||IPMVf|)!flM HHfIHHHHPpMpHMHMH4I^ IPIn(MRHfI w4w Wealth Management A subsidiary of Bank of America Corporation Research is provided by BofA Merrill Lynch Global Research group. Merrill Lynch Wealth Management makes available products and services offered by Merrill Lynch, Pierce, Fenner Smith Incorporated (MLPF&S) and other subsidiaries
      126 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon HDB boosts flat supply to 13,500
      515 10  -  EMILYN YAP YESTERDAY IN PARLIAMENT Ramp-up from planned 6,000 due to demand turnaround in H2 By THE Housing and Development Board (HDB) estimates it has to offer 10,000 to 12,000 new flats every year for the next five years to meet demand, National Development
      YEN MENG JIIN  -  515 words
    • PARLIAMENT BRIEFS
      • Article
        Lock icon More workers facing pay issues
        104 10 MORE workers have been under-paid or not paid at all, because of the economic downturn. The Ministry of Manpower received 8,400 complaints of non, late and under-payment of wages in the first nine months of this year 10 per cent more than at the same
        104 words
      • Article
        Lock icon Moneylenders Bill introduced
        35 10 THE Moneylenders (Amendment) Bill was introduced yesterday in Parliament to tighten enforcement measures against loan sharks. Among the proposed changes: higher penalties that include jail terms, even for first-time offenders, and caning.
        35 words
      • Article
        Lock icon SAF career schemes reviewed
        75 10 PARLIAMENT has passed the Singapore Armed Forces (Amendment) Bill, which will boost SAF's military schemes of service and make a career in uniform more attractive. It is the first major review of SAF career schemes in more than a decade and introduces a Military Domain Experts
        75 words
      • Article
        Lock icon Number of PRs on the rise
        69 10 THE number of Permanent Residents in Singapore has climbed steadily in recent years. Since 2000, an average of 74,500 foreigners a year have applied for PR status here, with an average of 46,300 successful in their applications. Deputy Prime Minister Wong Kan Seng said
        69 words
    • Article
      Lock icon Oct consumer price index drops 0.8%
      406 10  -  TEH SHI NING The fall, larger than expected, is due to lower housing costs By SINGAPORE'S consumer price index (CPI) fell 0.8 per cent in October from a year earlier, due to lower housing and holiday travel costs. The fall was slightly bigger than
      406 words
    • Article, Illustration
      Lock icon S'pore on track for 9m visitors this year
      346 10  -  NISHA RAMCHANDANI By AFTER a challenging first half, Singapore's tourism industry seems to be on the road to recovery. "It has been an early beneficiary of the upturn and is already showing strong signs of growth," Yeo Guat Kwang, Member of Parliament
      AFP  -  346 words
    • Article, Illustration
      Lock icon S'porean re-elected to int'l co-op board
      233 10 SEAH Kian Peng, trustee and former chairman of the Singapore National Co-op-erative Federation (SNCF), has been re-elected to the board of the International Co-operative Alliance (ICA). Mr Seah is one of 15 members voted in at the ICA General Assembly in Geneva last week
      233 words
    • Article
      Lock icon 01am is first S'pore firm to make leadership list
      435 10  -  FELDA CHAY By A FOCUS on providing its staff with experience needed to become effective leaders has helped 01am International snag a spot in the 2009 list of Global Top Companies for Leaders touted as the most comprehensive study of organisational
      435 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon New law programme for JC students
        107 10 MORE than 400 students from 21 junior colleges and pre-university institutions will spend two weeks of their year-end holidays at law firms and legal organisations to find out more about the legal profession, the Singapore Academy of Law (SAL) said yesterday. Youngsters participating in
        107 words
      • Article
        Lock icon Conference on science education starts today
        77 10 SOME 780 participants, including 180 overseas delegates from 30 countries, will gather for the second International Science Education Conference (ISEC) 2009 at the National Institute of Education (NIE). The conference runs from today until Thursday. Jointly organised by NIE and the Ministry of Education,
        77 words
      • Article
        Lock icon Maxwell Chambers to host arbitration forum
        61 10 SINGAPORE'S integrated dispute resolution centre Maxwell Chambers will host the inaugural Singapore International Arbitration Forum (SIAF) at Raffles City Convention Centre from Jan 21 to 22 next year. The forum aims to attract 300 delegates to share insights on the major issues facing the
        61 words
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      106 10 Fantasy Waterbeds Pte Ltd &I|SK& Where Sleep Matters. Take a permanent break from your aches. Designed for maximum comfort to .A.. soothe the most tired and aching I \~J ~J I muscles, you can finally experience y I If* complete holistic sleep and all the y ll^ benefits that come
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  • SME INC
    • Article
      Lock icon Portfolio closes 1.6% lower
      422 11  -  TEH HOOI LING By MOST buying has been of big-cap stocks in the past few weeks, with the Straits Times Index (STI) ending the five trading sessions to yesterday 0.5 per cent higher. Small caps have not made much headway. As a result, our small cap
      422 words
    • Article, Illustration
      Lock icon Not just a services provider
      701 11 Just Commodity has plans to extend its offerings to oil, gas and metals, reports OH BOON PING THE rally in commodity markets has not only benefited traders and financial institutions but also services providers such as Just Commodity Software Solutions. "Our financial track record since
      REUTERS  -  701 words
    • Article, Illustration
      Lock icon Creating an experience for customers
      1072 12  -  REGINA CHUA COMMENTARY If you are a small SME in the retail sector, here are some valuable tips to kick-start your service strategy By THINK of good service and you imagine staff who smile and greet customers at the entrance of the shop. Customers take
      l_l FILE PHOTO  -  1,072 words
    • Article, Illustration
      Lock icon Small fry is big business in China
      654 12  -  JUSTIN CHAN By SHRIMP farming is something Singaporeans are only tangentially familiar with through recreational prawning. But for T-Tech Asia co-founder and significant shareholder Alex Chin, shrimp farming represents a golden opportunity. China's burgeoning and increasingly affluent population, combined with Chinese government efforts
      YEN MENG JIIN  -  654 words
    • Article, Illustration
      Lock icon Local green ICT consortium signs China MOU
      432 12  -  CHEN HUIFEN By CLEANTECH Partners (CTP), a consortium of local companies in the clean technology sector, will sign a pact today with China's Hangzhou municipal government to collaborate on green infocomm technology (ICT). The memorandum of understanding (MOU) will give Singapore-based companies in
      432 words
    • Article, Illustration
      Lock icon Nothing ventured...
      2309 14 THIS WEEK'S TOPIC At a recent business forum, some participants suggested a government-run venture capital arm could be set up to invest in local SMEs to help them tide over financing woes. Do you think this would work? Khoo Poh Ann Eric Managing Partner M Quest Enterprise IN
      FILE PHOTO  -  2,309 words
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      27 12 Call 6-594 7594 now for the IT Specialists Fnmd" IT Microsoft wmmm grajg OLUI IC I \JI Cjl I I GOLD CERTIFIED EjSl IPIiMI www.StoneForestlT.com.sg Partner [gZ3^P
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      1302 13 jW|(j j: jR Greening for fftlm^- 1 Better Business vL_^ I New technologies driving the growth of the environmental sector p^--i_ are presenting new business opportunities. As businesses join in ■>*'- I 1 111 the green technology race, it is important that regulatory r< j 1 requirements related to these
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      161 14 SME Next week's topic: "The recently released Tripartite Guidelines on the Re-Employment of Older Employees recommend that companies make a one-time Employment Assistance Payment to workers they cannot re-employ when they reach the age of 62. The payout is meant to tide these workers over while they hunt for a
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  • ECONOMY WATCH
    • Article
      Lock icon Fed should retain authority to buy assets past March
      603 15 Bloomberg Policymakers will buy USsl7sb of agency debt, down from USs2oob [NEW YORK] Federal Reserve Bank of St Louis president James Bullard said the central bank should retain the flexibility to respond to any weakening in the economy by extending beyond
      Bloomberg  -  603 words
    • Article
      Lock icon Govt's deflation report a message to BOJ: minister
      310 15 Reuters [TOKYO] The government's declaration that Japan was back in deflation was a message to the Bank of Japan to do its part to support the economy, National Strategy Minister Naoto Kan said in a newspaper interview published yesterday. "The BOJ made
      ■ Reuters  -  310 words
    • Article, Illustration
      Lock icon US group ups GDP forecast but sees high jobless rate
      388 15 Reuters [WASHINGTON] A group of US business economists boosted their forecast for economic growth over the next year, but said the jobless rate will remain stubbornly high, a survey released yesterday showed. The National Association for Business Economists predicted real
      Reuters; REUTERS  -  388 words
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      106 15 _jr i; u^ 1 f Jl Illliiv i_^.^^^ i I '-c iVt -r>\ km m^ j A \j fel^l i I '•x i i^nGir fin m* jifll PL As the world becomes more complicated, it's no surprise people, who know people. Creating solutions that give you you want simpler and
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Proton Q2 gain rises 87% on domestic sales
      526 16 ■AFP Perodua expresses confidence in capturing bigger slice of local market [KUALA LUMPUR] Malaysia's national carmaker Proton yesterday announced an 87 per cent rise year on year in second-quarter net profit due to strong sales at home. The results come as Prime
      ■AFP; AP  -  526 words
    • Article, Illustration
      Lock icon Bank Century bailout meant to prevent banking, economic crisis: Yudhoyono
      677 16 Bloomberg Hours earlier, audit agency reports 'unhealthy practices' [JAKARTA] Indonesian president Susilo Bambang Yudhoyono said that the government's cash injections into PT Bank Century after a bailout last year were necessary, and rejected suggestions that the money was used in
      Bloomberg; FILE PHOTO  -  677 words
    • Article
      Lock icon Drop charges against anti-graft officials', Yudhoyono recommends
      291 16 AP [JAKARTA] Indonesian President Susilo Bambang Yudhoyono yesterday recommended that charges against two anti-graft officials be dropped after senior police and prosecutors apparently attempted to frame them. Dr Yudhoyono said that he asked the police and attorney-general's office to withdraw bribery and blackmail
      AP  -  291 words
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      1070 16 PGN Euro Finance 2003 Limited (the "Company") NOTICE to the holders of the outstanding U*****,000,000 7.5% Guaranteed Notes due 2014 ASJ HOLDINGS LIMITED ISIN:US6933EYAA43 and U5V*****AA42 (the "Notes") (Incorporated in the Republic of Singapore) Guaranteed by PT Perusahaan Gas Negara (Persero)Tbk. (Registration No. *****1740N) (the "Guarantor") NOTICE OF EXTRAORDINARY GENERAL
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      2 16 BgSwJlj^ COUNTDOWN
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Carmakers expect robust 2010
      715 17 Reuters China economy expected to boost sales 10% even without incentives [GUANGZHOU, China] Car makers from General Motors to Toyota Motor expect China to keep providing much-needed relief from feeble car sales elsewhere next year, even as local brands raise their game to grab a bigger
      ■ Reuters; REUTERS  -  715 words
    • Article
      Lock icon Taiwan to curb Chinese investment in key sectors
      241 17 AFP [TAIPEI] Taiwan plans to restrict Chinese stock investment in strategic sectors, as it seeks to keep control of its economy amid rapidly growing ties with the mainland, local media said yesterday. Chinese institutional investors will be allowed to hold no more
      AFP  -  241 words
    • Article
      Lock icon China risks Japan-style bubble
      345 17 Bloomberg BNP Paribas exec warns of Beijing's loose policy [SHANGHAI] China is risking a Japan-style bubble unless the country's regulators start to rein a record lending boom, BNP Paribas said. "We're entering a phase where China could experience a similar asset bubble that we saw in
      ■ Bloomberg  -  345 words
    • Article, Illustration
      Lock icon China oil demand jumps in October
      579 17 Reuters [BEIJING] China's apparent oil demand in October rose 10.3 per cent from a year earlier, the seventh rise in a row, as refiners produced at record rates among more signs of a solid recovery in the world's third-larg-est economy. The strong pace of
      – Reuters; REUTERS  -  579 words
  • Page 17 Advertisements
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      266 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 KURJR. LTTAMA SERVICES PTE LTD (Company Registration No. *****2776H) (Incorporated in Singapore) STATUTORY DECLARATION OF INSOLVENCY I, LIM CHOON GUAN of 26 Choa Chu Kang Street 64 17-01 Windermere, Singapore *****6, NRIC No. *****776 C make oath and say as follows:
      266 words
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      2089 17 IN THE MATTER OF THE INTHEMAnEROF COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 AND AND IN THE MATTER OF IN THE MATTER OF DEL MAR ASSET MANAGEMENT AXS-ONE PTE LTD (SINGAPORE) PTE LTD (Registration No. *****3954R) (In MemteTS^ Volunlary LKlu^dahon) (Incorporated in the Republic of Singapore) NOTICE O°F
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      735 18 Olßm hBS bSSPI rißmSd SlOnOSldS I BM "At (-)lam' we com Pete on the strength of our intangible assets which "Hewitt would like to congratulate 01am in being named one of the Global include the collective capabilities, inventiveness and commitment of our Top Companies for Leaders. All global companies today
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Price war erupts in India mobile phone market
      859 19 Bloomberg Incumbents take on newcomers, paring prices to as low as a US cent a minute [NEW DELHI] Anil Gupta stepped out of an Aircel Ltd shop in New Delhi with a better deal for calling his daughter in Chicago. His mobile-phone
      – Bloomberg; BLOOMBERG  -  859 words
    • Article
      Lock icon US economy will recover strongly: Indian PM
      346 19 AFP He dismisses talk of dropping dollar as key global currency [WASHINGTON] Indian Prime Minister Manmohan Singh has voiced confidence that the US economy will make a strong recovery and poured cold water on talk of dropping the dollar as the key global
      AFP  -  346 words
    • Article
      Lock icon Migrants changing names in HK
      126 19 AFP [HONG KONG] An increasing number of mainland Chinese migrants to Hong Kong are changing the spelling of their surnames to avoid discrimination in the former British colony, a report said yesterday. Lawyer Raymond Tang told the South China Morning Post that his firm was
      AFP  -  126 words
    • Article, Illustration
      Lock icon Taiwan's dwindling birth rate is cause for concern
      677 19 ■AFP [TAIPEI] As a schoolteacher, Ariel Shen has been observing Taiwan's declining birth rate from up close. Five years ago, each classroom at her middle school in downtown Taipei had 28 students, but now it is 20, and the trend shows no
      ■AFP; AFP graphic; Taiwan Ministry of Interior  -  677 words
    • Article
      Lock icon Billionaire Ross buys China Longyuan shares
      392 19 Reuters [HONG KONG] US billionaire investor Wilbur Ross plans to buy shares of China Longyuan Power Group, Asia's largest wind power generator, which aims to raise up to US$2.2 billion from its Hong Kong initial public offering, according to a preliminary prospectus. Longyuan has
      – Reuters  -  392 words
    • Article
      Lock icon Soaring gold prices force showy brides to compromise
      503 19 -AFP [NEW DELHI] For Indian brides buying jewellery, the bigger the better is the general rule, but record gold prices during this year's wedding season are forcing many to compromise. India is the world's biggest consumer of gold, so the rise of
      -AFP  -  503 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon US microbusinesses borrowing again: PayNet study
      464 20 -Reuters Delinquencies by smallest US businesses also improving steadily [CHlCAGO] The tiniest US small businesses, which led the broader economy into the past two recessions and are widely regarded as the best hope for job creation in any recovery, are showing signs of improved
      -Reuters  -  464 words
    • WORLD WATCH
      • Article
        Lock icon Sale of first edition of Darwin's 'Species'
        139 20 -AFP [LONDON] A first edition of Charles Darwin's seminal On the Origin of Species will be sold this week after it was found in a family's toilet in southern Britain, an auction house said on Sunday. The book, first printed in 1859, was
        -AFP  -  139 words
      • Article
        Lock icon Japan, China, S Korea to ensure food safety
        93 20 AFP [TOKYO] Health ministers from Japan, China and South Korea agreed yesterday to step up efforts to ensure food safety following concerns over pesticide-tainted Chinese-made dumplings. Japanese Health Minister Akira Nagatsuma, his Chinese counterpart Chen Zhu and South Korean health chief Jeon
        AFP  -  93 words
      • Article
        Lock icon UK govt could face trade sanctions: Lamy
        43 20 Reuters [LONDON] The British government could face trade sanctions if it is found guilty of protectionism as a result of the bank bail-out, Pascal Lamy, director-general of the World Trade Organisation (WTO), told the Sunday Telegraph.
        Reuters  -  43 words
    • Article, Illustration
      Lock icon US credit card delinquencies down in Q3
      429 20 ■AP [NEW YORK] For the first time in a decade, more Americans paid their credit card bills on time in the third quarter this year than in the second quarter. The delinquency rate on bank-issued cards such as those bearing MasterCard and Visa
      ■AP; REUTERS  -  429 words
    • Article
      Lock icon US to fete visiting Indian Prime Minister
      411 20 ■AP [WASHINGTON] India has watched with wariness as President Barack Obama's administration has lavished attention on rivals Pakistan and China. Now, Mr Obama is trying to ease Indian worries by honouring Prime Minister Manmohan Singh today with the first state visit of his
      ■AP  -  411 words
    • Article, Illustration
      Lock icon Microsoft, News Corp weigh Web pact
      255 20 Reuters [NEW YORK] Microsoft Corp has had talks with News Corp about a tie up, which would involve News Corp getting paid to take its news websites off Google Inc, a source familiar with the matter said on Sunday. News Corp, which owns such
      Reuters  -  255 words
    • Article, Illustration
      Lock icon The world of dirty, sexy money
      754 20 Bloomberg [NEW YORK] Low-cut tops, short skirts and fishnet stockings. That, and brazen sexuality was all former beauty queen Danielle Chiesi needed to get inside information from technology executives to make profitable trades. As an analyst at New Castle Funds LLC, a New York
      Bloomberg; AP  -  754 words
    • Article
      Lock icon Execs didn't collapse along with firms: study
      805 21 -NYT Bear, Lehman execs received USs2.4b in bonuses, stock sales from 2000 to 2008 [NEW YORK] Bear Steams and Lehman Brothers paid their executives largely in stock, and that stock lost most or all of its value when those companies collapsed. Many people
      -NYT  -  805 words
    • Article, Illustration
      Lock icon Dubai reshuffles leaders of financial institutions
      471 21 Reuters [DUBAI] Dubai's weekend shake-up of boom-era leaders from flagship institutions is a move to introduce conservative management as the indebted emirate courts investors for its US$lO billion bond plan, analysts said on Sunday. In a surprise move over the weekend, the ruler of
      Reuters  -  471 words
    • Article
      Lock icon UAE left currency plan for basic issues
      189 21 Reuters [DUBAI] The United Arab Emirates' withdrawal from the Gulf Arab monetary union was based on fundamental reservations including currency plans and the role of the monetary council, the UAE central bank chief says. "The UAE had fundamental and secondary reservations on the
      Reuters  -  189 words
    • Article
      Lock icon Thai output, exports uptick pushes Q3 GDP up 1.3%
      429 21 Reuters [BANGKOK] A rebound in manufacturing and exports pushed Thailand's economy up 1.3 per cent in the Ju-ly-September quarter from the previous quarter, extending Thailand's recovery from its first recession in 11 years. The second straight quarter of expansion in South-east
      – Reuters  -  429 words
    • Article, Illustration
      Lock icon Public anger fuels Congress' Fed bashing
      939 21 ■AP Moves to rein in Fed could reduce its ability to nurse recovery: economists [WASHINGTON] Suddenly the Federal Reserve has become a punching bag for Americans upset over the economy. Strip the Fed of its bank regulation powers, some in Congress are demanding. Get
      ■AP; AFP  -  939 words
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      66 21 f ftGet to know the world better Start your day with SPH newspapers hot off the press, featuring quality news, in-depth analyses, impactful commentaries and breaking stories from Singapore, the region and the rest of the world. Subscribe now and connect with the world. Visit www.sphsubscription.com.sg or call 6388 3838
      66 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon BA may relook Qantas tie-up
      621 22 Bloomberg, AFP Recent merger deal with Iberia could be model for other tie-ups, says CEO [MELBOURNE] British Airways pic may reconsider a tie-up with Australia's Qantas Airways Ltd mirrored on the structure of its merger with Spain's Iberia Lineas Aereas de Espana SA, the Financial
      Bloomberg, AFP; ran BLOOMBERG FILE PHOTO  -  621 words
    • Article
      Lock icon Qantas to spend A$4.4b over 2 yrs
      398 22 Bloomberg [SYDNEY] Qantas Airways Ltd, Australia's largest airline, will spend A 54.4 billion (555.6 billion) over the next two years as it purchases new aircraft and embarks on a campaign to shore up margins. The Sydney-based company will spend Asl.7 billion in the
      Bloomberg  -  398 words
    • Article
      Lock icon Shipping emissions slow climate change
      415 22 -neuters But curbs on sulphur emissions will stoke global warming [OSLO] Shipping is slowing climate change by spewing out sunlight-dimming pollution but a clean-up needed to safeguard human health will stoke global warming, researchers said last Friday. "So far, shipping has caused a cooling effect
      -neuters  -  415 words
    • Article
      Lock icon Hapag steering towards loss in 2010
      263 22 -Reuters [FRANKFURT] Already tossed by economic storms, German carrier Hapag-Lloyd is on course for a further loss in 2010, one of its owners said on Sunday. "I don't expect a profit at Hapag next year either," logistics entrepreneur Klaus-Michael Kuehne told German weekly Welt
      -Reuters  -  263 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        112 22 '000 lov CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Mercator Lines MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.69 0.33 1.13 0.71
        112 words
      • Article
        Lock icon KLSE
        37 22 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brid PDZ Holdings 0.93 8.80 8.78 3.18 3.15 unch 0.09 -0.03 -0.01 -0.03 -0.06 unch unch unch 26 76 109 156 22 0 824
        37 words
      • Article
        Lock icon BANGKOK
        12 22 '00 ■recious Ship Jegional Cont 18.70 10.60 -0.20 -0.20 2345 844
        12 words
      • Article
        Lock icon HONGKONG
        11 22 '000 Doil iingamas Cont 36.00 1.36 -0.65 186! unch *****
        11 words
      • Article
        Lock icon PHILIPPINES
        17 22 '000 Aboitiz Equity Intl Container Keppel Marine 8.70 21.50 unch -0.20 unch unch 23 387 0
        17 words
      • Article
        Lock icon TAIPEI
        23 22 Evergreen Marine ...17.30 :irst Steamship 47.50 Wan Hai Lines 15.90 fang Ming Marine ..11.75 0.05 0.40 unch unch 5 4 1 3
        23 words
      • Article
        Lock icon TOKYO
        43 22 '000 Iov23 Yen Vol (awasaki Hvy lnd...202.00 (awasaki Kisen 278.00 Mitsubishi Hvy 294.00 Mitsui Eng&Sbldg ..221.00 Mitsui Osk Lines ....519.00 Mippon Express 376.00 MipponYusen 296.00 source: Thomson Reuters unch ***** 6.00 6124 2.00 ***** -5.00 6348 -5.00 9741 3.00 2801 3.00 *****
        43 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2804 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public ttd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn diiihtom;, iu oouiaq« op"* BR: EVA Airways
      2,804 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      236 22 CRYPTIC CROSSWORD 25 Low storm fee for harbour? (7) 26 Base one? Good lord! (7) 7 Planner's diplomacy before 24 Religious man giving half of 27 Assumes freak trends go at ruling on one article (9) bottle to sailor (5) random (5,3,7) 8 Measure a marine's support for canvas (7)
      236 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Malaysia's high-income ambition
      485 23 MALAYSIA'S central bank released data on Friday to show that the country's economy in GDP terms contracted by 1.2 per cent year on year in the third quarter. The figure comfortably beat the street's estimate of minus 2.4 per cent. The better-than-expected figure was driven, on the
      485 words
    • Article, Illustration
      Lock icon Symbolic bow to a new geo-political balance
      1274 23  -  LEON HADAR Obama's conciliatory stance is part of an effort to adjust American position in the Asia-Pac IF YOU have been checking what America's right-wing bloggers and radio talk-show hosts have been saying about US President Barack Obama's just-concluded trip to the Asia-Pacific,
      AP  -  1,274 words
    • Article, Illustration
      Lock icon It's time older Americans rein in health spending
      736 23  -  ROBERT SAMUELSON THE BOTTOM LINE ONE of America's long-running political stories is the economic assault on the young by the old. We have become a society that invests in its past and disfavours the future. This makes no sense for the nation
      736 words
    • Article, Illustration
      Lock icon Sri Lanka poised for big economic development
      1538 24  -  GEORGE JOSEPH It invites investors to see for themselves the various opportunities available By SRI Lanka is at a major crossroads in its economic and social development. It has secured a US$2.6 biUion loan from the International Monetary Fund (IMF), and the Asian
      XINHUA  -  1,538 words
    • Article, Illustration
      Lock icon The US economy's phantom menace
      835 24  -  PAUL KRUGMAN ■NYT A FUNNY thing happened on the way to a new New Deal. A year ago, the only thing we had to fear was fear itself; today, the reigning doctrine in Washington appears to be: "Be afraid. Be very afraid." What happened? To
      ■NYT  -  835 words
    • Letter
      Lock icon SGX comments in context
      190 24  -  Amy Balan LETTER TO THE EDITOR WE refer to the article, "SGX: Public rap for misconduct is enough" (BT, Nov 20). We would like to put the comments made by Yeo Lian Sim, head, risk management and regulation, Singapore Exchange (SGX) at the SIAS Asian Investors'
      190 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8723 25 Transaction date: Nov 23 Hi. Low Code Col Sale COOP) Hi; Low Bl Seller Cvr P/E Smil 17 3 3148 8Telecom 9.5 2.5 5834 A-Sonic 34 15 5000 ABRHIdgs 15.5 5.5 1938 AEI Corp 8 1 1100 AEM 23 8 2101 APOil 93 35 5550 ARA 8 2.5
      8,723 words
    • Article
      Lock icon SGX CATALIST
      1659 26 High Low Code Company Sale C000) High Low Buyer Seller C'vr P/E $mil 10 5 1181 s AAGrp 25 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 3 3480 t Adventus 20 8.5 3518 t Afor 12.5 2 1524 t Alantac 11 3.5 7814 t
      1,659 words
    • Article
      Lock icon SGX ETF
      362 26 111 102 6389 ABFSG Bond ETF 109 815 427 CIMBAsean40 100US$ US814 281 149 DBS STI ETF 100 281 +3 4627 3534 DBXT DJE50 10US$ US4468 3282 1682 DBXT FTChina25 10US$ US3207 5819 3228 DBXT FTVietnam 10US$ US5275 -117 2806 2246 DBXT MSAsExJp 10US$ US2803 4409 3434 DBXT
      362 words
    • Article
      Lock icon CLOB INTERNATIONAL
      262 26 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 offer
      262 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9481 26 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.116/ AIGIF Spore Bond Fund/A 1.366/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.11/ APS Alpha Fund (USD)!** 0.8/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt Spore Pte Ltd AXAWM -Talents
      9,481 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      379 27 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Nov20 World Index Preliminary 804.3 -0.6 18.7 -0.9 19.8 -0.7 24.3 t EAFE Preliminai 750.4 -0.5 15.6 -0.9 21.2 -0.8 25.: Euro[ Prelim inan 1086.8
      379 words
    • Article
      Lock icon SICOM FUTURES
      186 27 Nov23 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) 0/1 lots) Dec 09 266.5 Ian 10 266.5 =eb 10 268.0 Vlar 10 268.0 <\pr10 271.0 Vlay 10 263.0 263.5 264.5 268.0 265.6 266.5 266.5 268.0 268.0 271.0 271.0 44 100 40
      186 words
    • Article
      Lock icon INTERBANK CROSS RATES
      447 27 Nov23 iuro 'en (on 'eso lam 'ouni wstralia 0.981 6.300 0.617 7.151 42.866 87.237 0.819 10.663 3.116 1.263 77.055 43.261 1.278 6.929 0.932 29.763 30.646 0.557 0.923 Canada 1.020 6.423 0.629 7.290 43.702 88.938 0.835 10.871 3.177 1.288 78.558 44.105 1.303 7.064 0.950 30.344 31.244 0.568 0.941
      447 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      82 27 Nov23 Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****A 25.02.2010 1-Year BY*****N 01.11.2010 0.43 0.52 0.44 0.44 0.47 0.47 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year N*****0N 1.375 7-Year N*****0S 2.875 10-Year NX*****W 2.500
      82 words
    • Article
      Lock icon SIBOR
      65 27 Nov23 mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates mth mths mths (S$) 0.***** 0.***** 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 0.***** 2yrs 1.***** 3yrs
      65 words
    • Article
      Lock icon PRECIOUS METALS
      128 27 Nov23 /oz) lov lov -long Kong 1164.20 1142.40 .ondon Nov20 Nov19 1139.90 1131.40 1140.90 1132.20 Source: Thomson Reuters CAST BAR (S$) Wo 1/23 Buying Sellim Kilobar "55,391.76" ***** PAMP GOLD BARS (S$) Selling Buying gm jgm Ogm !0gm iOgm OOgm oz ozUBS Kinebar™ 124.12 352.03 629.16 1185.56 2865.46
      128 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 27 As at 9am Nov23 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2620 1.3000 .an dollar 1.2910 1.3070 Euro 2.0540 2.0780 NZ dollar 1.0000 1.0210 jterlini ind 2.2770 2.3040 US dollar 1.3780 1.3950 Local dollars to 100 units of foreign currency:
      130 words
    • Article
      Lock icon INTERBANK RATES
      177 27 Nov23 $S Offer Overnight 1/4 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 3/16 US$ Offer 3/16 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.25 0.28 0.35 0.38 0.60 0.90 1.00 Offer 0.20 0.22 0.25 0.28
      177 words
    • Article
      Lock icon CHICAGO BOT
      99 27 Nov2o\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 10 1046.00 1039.00 1050.00 1031.50 Mar10 1050.25 1044.75 1054.75 1037.00 May 10 1050.50 1046.25 1055.75 1039.00 JuMO 1053.50 1050.00 1058.25 1041.00 SOYBEAN/OIL (60,000 lbs;llscent/lb) Close Previous High/Low Dec 09 39.71 39.45 39.85 39.23 Jan 10
      99 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      70 27 CRUDE OIL PRODUCTS Nov2o origin^ t/barrel Close Cham irent blend (1-Mth F) 76.83 -0.82 VTI (Near Mth) 76.95 -0.69 iubai (1-Mth F) 77.27 -1.47 "apis blend 79.95 -1.60 i/linas 78.75 -1.60 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 76.25 85.35 -1.0! -1.4! US$/barrel )pec Oil Basket Price 75.78
      70 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 27 Nov23 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2772 1.2790 0.9224 0.9229 Canadian dollar 1.3024 1.3038 0.9406 0.9407 Euro 2.0719 2.0741 1.4963 1.4966 NZ dollar 1.0110 1.0125 0.7301 0.7306 Sterling ind 2.2944 2.2970 1.6570 1.657. US
      156 words
    • Article
      Lock icon LONDON METALS
      64 27 Nov2o minimum, 99.' jrity (US$/tonne) Co Close Previous :ash 2026.75 1997.25 months 2060.00 2031.00 Copper, Grade A (US$/tonne) :ash months 6819.75 6845.00 6766.75 6795.00 .ead (US$/tonne) :ash 2321.00 months 2346.00 2307.0I 2331.01 lickel (US$/tonne) :ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) :ash months *****.00 *****.01 *****.00 *****.01
      64 words
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      Lock icon LIFFE
      74 27 Nov2o :OCOA (Btonne) Close Prev Hii ih/Low Dec 09 2145 2061 2166/2069 Mar 10 2174 2098 2194/2103 May 10 2192 2119 2214/2124 Jul 10 2138 2055 2154/2061 COFFEE (US$/tonne) Close Pev High/Low Nov09 1324 1311 1314/1307 Jan 10 1344 1327 1346/1317 Mar 10 1376 1366 1377/1350 SUGAR (US tonne)
      74 words
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      Lock icon STOCK INDEX FUTURES
      28 27 Nov23 ten Hii Sett STI Nov 2766 2781 2798 IIMSCI Nov 332.6 337.6 337.6 "aiwan Nov 278.7 279.3 279.1 Source: MF Global (S) He. Ltd
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      Lock icon US$/S$ FORWARD RATES
      20 27 Nov23 Bid Offer 1-month 1.3851 1.3863 2-months 1.3855 1.3868 3-months 1.3857 1.3870 6-months 1.3862 1.3875 Source: OCBC
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      Lock icon PALM OIL
      60 27 Nov23 Delivery Month Opening Sett Av Range Price Price Hi Low Vol Open Done Position Dec 09 2409 2465 2465 2398 325 2755 Jan 10 2424 2480 2480 2415 4323 ***** Feb 10 2438 2486 2495 2486 9624 ***** Mar10 2449 2499 2500 2438 2246 9717 Total o/p:
      60 words
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      Lock icon SGX DERIVATIVES TRADING
      289 27 Nov23 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO9 Mar10 Jun10 Sep10 99.7350 99.6600 99.4900 99.1850 5229 6786 6665 3337 EUROYEN TIBOR FUTURES DecO9 99.490 99.490 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 99.490 99.490 99.515 99.530 99.530 99.470 99.385 99.325 99.325 100 100 100 3811
      289 words
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      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2292 27 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 3.5 >036AdvanceSCTLtdW*****9 0.5 S756#AsiaticGrp(H) LtdW*****2 8 H05#Asiatravel W*****7 35 >878 Aztech Systems W*****6 1 1 15 23 4.29 1 87 1650 10.00 1 3 -8 1.50
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      2614 28 The Business Times Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE AllAVll CntllLVfflO.il Destination Destination OilVlll wdlllilUdjf STXPOTBN RTM/ANR/TIL STXPO TBN NOL/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia lHlllwll I llw OA Oil D UUjJW Ull II JJb MIDDLE-EAST SERVICE T^T^^ Destination l Tmnri KEELUNR ORIENTE
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      3939 29 F^V SI IPTT EASTERN CAR LINER, LTD iM^W'M'ignmniM IKmjRH tSSI Uf—^_— -1 SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS pM mjHHMJUUiiii^ IliHiSiiilwlwß^l H__VoY__ Ramp(KT) Liltinq(KT) SIN PKL JKT KUC XX SUR nKiwAnnii I nrFAH riiif sfi Wi\ TfiTn so7Ti 1 1 BERJAYAN 13/09 26/11 28/11 BELITUNG/PKL.BAIAM ■m^m m OCEAN
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  • PROPERTY
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      Lock icon Tenants hurt by spreading foreclosures in major US cities
      1025 30 -LAT-WP They watch their homes fall apart as building owners neglect maintenance [NEW YORK] A new wave of foreclosures stands to hurt people who may have never taken out a mortgage: renters. In cities such as New York, Chicago and Los
      -LAT-WP; REUTERS  -  1,025 words
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      Lock icon Ireland paying for huge property mistakes: banker
      339 30 Bloomberg [DUBLIN] Ireland is paying for "huge" real estate mistakes that helped push the economy into the worst recession in its modern history, according to the only chief executive to survive a cull of the country's top bankers. Demand for homes, stores and
      Bloomberg  -  339 words
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      Lock icon Aussie economy lures foreign property investors
      233 30 Reuters [SYDNEY] Australia's resurgent economy has lured a string of offshore commercial property investors to its shores, many betting the rebound will underpin market competitiveness in the face of a soaring local currency. Two German firms, property fund manager Deka Immobilien and asset manager
      – Reuters  -  233 words
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      678 30 Excellent Investment Opportunity Strata Office Suites For Sale Suntec Towers, Singapore KCfWWSIB]nSrSMM7Bi3I K*^^^^^^^^^PT!^"^^P^^^^n^^^J^^sZ^H^!^^R Prime Grade A development I L l t^l "1^ M I *J I L.^^l I 1 ™S Obtained FIABCI Prix d'Excellence Award Blue chip MNC tenants One of the best strata office developments in Singapore > 00^nftt
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  • INDUSTRIAL SPACE
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      Lock icon All set for the future
      842 31 Despite the downturn, JTC is forging ahead with its new blueprint for an innovative industrial landscape THE economic downturn curbed many organisation's appetite for growth and risk in the past year. But taking a step back was not an option for JTC Corporation, the agency
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      Lock icon Median resale prices for exec condos soar 63%
      473 32  -  UMA SHANKARI Caveats lodged for ECs in October 2009 show prices at $519 psf, says CBRE By [SINGAPORE] THE median resale prices of executive condominiums (ECs) have increased 63 per cent in the past two years, riding on the bull run in
      473 words
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      Lock icon China risks bubble from property stimulus
      498 32 Reuters [BEIJING] China should immediately halt some of its real estate stimulus policies, or risk inflating a bubble that in its bursting would wreak financial and even social trouble, a central bank newspaper said yesterday. Debate is heating up in China about whether and
      Reuters; ■ REUTERS  -  498 words
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      Lock icon Award of plum project to Naza raises hackles
      569 32  -  PAULINE NG By in Kuala Lumpur THE Malaysian government's move to build a RM62B million (Ss2sB million) convention centre in Kuala Lumpur under a privatisation or build-for-land deal has raised concerns that such projects will be negotiated deals, despite a commitment to
      569 words
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      Lock icon Russian property in trough till mid-2011
      176 32 Reuters [MOSCOW] Russia's property market will suffer until mid-2011 as demand stays weak and landlords are forced to offer lower rents to avoid defaulting on their loans, the Moscow head of broker CB Richard Ellis said. "We expect to stay at the bottom for
      Reuters  -  176 words
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      153 33 Microsoft /M*"s*^^k Introducing the \Bs&fl efficiency. The New Efficiency is where cost savings, innovation and productivity come together through IT to deliver operational improvements while amplifying the impact of your people. We could tell you more, but why not witness The New Efficiency in action for yourself? A44*iU on* vi^-h^l
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