The Business Times, 4 February 2010
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2010-02-04
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section22 2010-02-04 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, February 4,201022 words
-
Article, Illustration618 2010-02-04 1 CONRAD TAN - ESC recommends attracting not just MNCs but also smaller firms that excel in particular niches By CONRAD TAN [SINGAPORE] Singapore can become the location of choice for businesses outside Asia seeking to tap the region’s potential, and Asian firms looking to expand toARTHUR LEE - 618 words
-
Article141 2010-02-04 1 ST INDEX 2,764.84 (+43.97) ST INDEX FUTURES 2,765.00 (+43.00) SIMSCI 331.25 (+5.96) SIMSCI FUTURES 332.00 (+7.00) FOREX US$ S$ US$ (S$ per US$) 1.408 (US$/S$ per 1.603 2.257 EURO (US$/S$/E) 1.398 1.968 Foreign currency per US$ S$ YEN 90.40 64.20 RM 3.406 2.418 HK$ 7.765 5.514 BAHT 33.06141 words
-
577 2010-02-04 1 ARTHUR SIM - By ARTHUR SIM [SINGAPORE] Easy credit will be available for premium players at Singapore’s casinos but the Casino Control Credit Regulations will also make it easy for the authorities to keep checks on both the casinos and junket promoters. In the credit577 words
-
Page 1 Advertisements
-
Advertisement180 2010-02-04 1 OPINION Can we stop the cyber arms race? PAGE 19 PROPERTY S’pore luxury home prices won’t rival HK’s PAGE 30 TOYOTA RECALL NIGHTMARE Woes extend to Prius PAGE 9 BizIT S’pore tech start-up creates more headlines PAGE SINGAPORE AIRSHOW Airbus chief executive Tom Enders on aviation challenges and aircraft demand180 words
-
-
TOP STORIES
-
457 2010-02-04 2 JOYCE HOOI - $38.2b Jan turnover is highest since last Sept; Chinese stocks made up 15.4% By JOYCE HOOI [SINGAPORE] Investors seem to have shrugged off the fear and uncertainty that plagued 2009, surging back into the stock market with a vengeance last month as457 words
-
Article, Illustration703 2010-02-04 2 VEN SREENIVASAN - By VEN SREENIVASAN [SINGAPORE] The aviation industry may be in recovery mode, but plane orders are not expected to pick up for two more years, Airbus chief executive Tom Enders said yesterday. “Overall, we won’t see orders pick up703 words
-
Article418 2010-02-04 2 S’pore bets on global and Asia links SINGAPORE can become the location of choice for businesses outside Asia seeking to tap the region’s potential, and Asian firms looking to expand to the rest of the world, Economic Development Board chairman Leo Yip said yesterday. FRONT PAGE Govt to418 words
-
777 2010-02-04 2 GENEVIEVE CUA - Retail investors to get 64.5% of total amount invested By GENEVIEVE CUA [SINGAPORE] Investors of the failed Minibond notes can finally heave a sigh of relief: the receivership process has been completed and 80 per cent will recover 50 per cent777 words
-
-
Page 2 Advertisements
-
Advertisement380 2010-02-04 2 KPMG KPMG Seminar Series SINGAPORE Budget 2010 Date Friday, 5 March 2010 Time 9.00am to 1.00pm Venue Orchard Hotel Singapore Seminar Fees Client KPMG Alumni S$ 100 per participant Non-client S$120 per participant The fee is inclusive of 7% GST, seminar materials and refreshments. Registration kpmg.com.sg/seminar Closing Date Tuesday, 2380 words
-
Advertisement9 2010-02-04 2 Airbus upbeat on aircraft demand in Asia-Pacific, Page 109 words
-
-
Page 3 Advertisements
-
Advertisement336 2010-02-04 3 HSBC can connecVyeu to opportunities Tap on our expertise to find the right fit for your investments. Economic recoveries are rarely straightforward and can take on different shapes and varying time frames. While it is hard to say for sure where today's investment and property markets are headed, what is336 words
-
-
ECONOMIC STRATEGIES COMMITTEE
-
Article513 2010-02-04 4 CONRAD TAN - Panel recommends govt provide more resources to trade associations and chambers Reports by CONRAD TAN LOCAL trade associations can play a much bigger role in helping small and medium-size firms here to pool their resources and expertise to overcome their lack of scale, said Lim513 words
-
Article, Illustration630 2010-02-04 4 CHEN HUIFEN - Plans are afoot to create own pipeline of such professionals By CHEN HUIFEN EXPECT to see more focus on the development of ancillary talent in the innovation and enterprise value chain as these people will help to hasten the pace of commercialisationFILE PHOTO - 630 words
-
Article, Illustration479 2010-02-04 4 THE proposed export credit agency to help Singapore firms get funding to venture overseas would not provide subsidised loans to companies, said Lim Hwee Hua, Minister in the Prime Minister’s Office and Second Minister for Finance and Transport. “It has to479 words
-
Article, Illustration1032 2010-02-04 4 It’s make or break there’s no other way VIEWS FROM THE TOP Do the ESC’s recommendations on productivity and innovation hit the sweet spot? Lee Kwok Cheong CEO Singapore Institute of Management Pte Ltd THE government has been talking about innovation, service improvement and productivity for years. The focus has1,032 words
-
-
COMPANY NEWS
-
Article, Illustration603 2010-02-04 5 SIOW LI SEN - It expects to open 12 more branches over the next 5 years By in SIOW LI SEN DBS Group Holdings has substantial investments in China and it intends to expand its presence further, said bank chairman Koh Boon Hwee yesterday. Underscoring the importance of the603 words
-
369 2010-02-04 5 VINCENT WEE - By VINCENT WEE SIA Engineering Company (SIAEC) became the first maintenance, repair and overhaul (MRO) company in the world to offer commercial maintenance services for the Airbus A380 aircraft, with the opening of its new hangar yesterday. Following on from SIA’s lead369 words
-
787 2010-02-04 5 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY ONE of the most commonly quoted stockmarket axioms is “as goes January, so goes the rest of the year”, which refers to January’s supposedly uncanny ability to predict how the market might perform for the next 11787 words
-
Article, Illustration404 2010-02-04 6 UMA SHANKARI - Opening of 11 malls, revaluation gains help to boost bottomline By UMA SHANKARI CAPITALAND’S shopping malls unit CapitaMalls Asia (CMA) posted a net profit of $388.1 million for 2009, its first annual result after listing late last year. The company’s net profit rose 236404 words
-
Article, Illustration421 2010-02-04 6 CHEW XIANG - By CHEW XIANG RAFFLES Education yesterday said fiscal second-quar-ter net profit fell 74 per cent to $7 million, from $27 million a year earlier. This was due to a lack of one-off gains and fewer students in its schools421 words
-
343 2010-02-04 6 ONG BOON KIAT - By ONG BOON KIAT COST-CUTTING measures helped Creative Technology slash its fiscal second quarter net loss, but falling digital audio player sales exerted a strong drag as revenue nearly halved from a year ago. The company yesterday reported a net loss of343 words
-
316 2010-02-04 6 OH BOON PING - By OH BOON PING CHINA Hu An Cable Holdings, which is listing its shares on the Singapore main board, has attracted some high-profile anchor investors who will take stakes of more than 5 per cent each. According to sources, Yangzijiang chairman Ren Yuanlin,316 words
-
467 2010-02-04 7 MICHELLE QUAH - Bid to keep Catalist listing and focus on environmental sector By MICHELLE QUAH CASH company Multistar Holdings has, after earlier failed attempts, entered into a reverse takeover (RTO) deal in a bid to keep its Catalist listing status. The proposed acquisition is lubricant467 words
-
269 2010-02-04 7 CHEW XIANG - By CHEW XIANG THE Singapore Exchange said yesterday it may not approve proposals from listed companies to spin off parts of their business if what remains is not profitable or worth at least $150 million. SGX said it has received269 words
-
394 2010-02-04 7 OLIVIA HO - Advance SCT and Luzhou predict FY09 losses; Asia Env expects lower profit By OLIVIA HO ADVANCE SCT, Asia Environment Holdings, and Luzhou Bio-Chem Technology are among the latest companies this week to issue profit warnings, prior to the announcement of their results for the394 words
-
Article264 2010-02-04 7 ABIGAIL KOR - By ABIGAIL KOR PT Berlian Laju Tbk, a provider of liquid cargo transportation services, intends to issue US$100 million, 12 per cent guaranteed, convertible bonds due 2015. The convertible bonds will be issued at 100 per cent of the principal amount and closing is expected264 words
-
440 2010-02-04 7 OH BOON PING - By OH BOON PING CHINA may be the key driver of the current commodity super cycle, but nearterm prospects in the bulk space now depend on demand from Organisation for Economic Cooperation Development (OECD) markets. In a report, Citigroup analysts Alan Heap and440 words
-
COMPANY BRIEFS
-
87 2010-02-04 7 GUL Technologies Singapore Ltd’s net profit for the fiscal year ended Dec 31, 2009, fell 47 per cent to US$21.27 million. The company, which is involved in the global printed circuit board (PCB) market, reported sales growth of one per cent to US$145.9287 words
-
58 2010-02-04 7 ADDVALUE Technologies’ net loss for Q3 2010 has narrowed to $190,000, from $744,000 a year ago. Revenue for the three months ended Dec 31, 2009, rose to $2.8 million from $56,000. The turnover of the group increased following the commencement of bulk commercial sales58 words
-
60 2010-02-04 7 HONGGUO International Holdings yesterday said full-year net profit for 2009 fell 25 per cent to 79.6 million yuan (S$16.4 million), from 106.4 million yuan in 2008. Sales increased 21 per cent to 1.07 billion yuan, from 884 million yuan in 2008. Earnings60 words
-
-
-
Page 5 Advertisements
-
Page 6 Advertisements
-
Advertisement51 2010-02-04 6 > ■m m o True luxury and comfort. Handmade like no other Vl-Spring. It's pure indulgence and sumptuousness that more than meets the eye. Come and experience it for yourself at Luxury Mattress Collection. aX'U-ry- CyVt a ttv e COLLECTION Showroom: 9 Penang'Road #01-03 Park Mall Singapore 238 459 Tel:51 words
-
Advertisement295 2010-02-04 6 www.itshow.com.sg 11 -14 MARCH 2010 Suntec Singapore Levels Q, Q, Q, Q Q I.T DIGITAL MOBILE CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE WORTH WAITING FOR ,3 9-^ COMING saaiM! Plus Win 1st Prize Of S$20,000 CASH And Other Cash Prizes (ONE COUPON FOR EVERY 100 PAID OR DEPOSIT PLACED DURING THE295 words
-
-
Page 7 Advertisements
-
Advertisement191 2010-02-04 7 Eco-conscious companies u 1 IT love the colour of Singapore's unspoiled island getaway where our guests can revisit nature in her true form with our eco-friendly ways m 1 elestial Resort Beliefs: Reduce and Reuse Resort is nestled at the Southwest of Ubin Island, off the Singapore mainland, an island191 words
-
Advertisement515 2010-02-04 7 GARMIN www.garmin.com.sg GREAT SAVINGS Purchase with Purchase' (PWP) Promotion r 1 wO -c nUVTl460 (5) Full-featured navigation and slim pocket design Dual Maps Preloaded (Tele Atlas+Malsing) l Malsina |TEEEI nuvi 1350 (43) Ultra-thin full-featured navigation and slim pocket design 0 Lane info of approaching turns Highway mode Text-to-speech announces road515 words
-
-
SINGAPORE MARKETS
-
Article, Illustration597 2010-02-04 8 R SIVANITHY - Index up 44 points on overnight Wall Street rise; SIA adds 86 cents following good results STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index yesterday ended a three-day losing streak with a 43.97-point rebound to 2,764.84 in response to an overnight rise on WallSource: Bloomberg - 597 words
-
Article65 2010-02-04 8 Feb 3 VALUE CLOSE BT OB/OS -1060.00 +377.0 BT CADI -*****.00 +212.0 BT 10-day MA -*****.00-106.00 FTSE ST Mid Cap 670.99 +8.73 FTSE ST Small Cap 533.99 +6.94 FTSE ST All Share 683.52 +10.46 FTSE ST China Top 277.07 +2.59 FTSE ST China 289.10 -0.05 FTSE ST65 words
-
Article186 2010-02-04 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 15 1 1 0 0 0 15 1 1 Manufacturing 88 31 67 8 3 9 96 34 76 Commerce 31 9 22 5 2 1 36 11 23 Tpt/Stor/Comms 27 5 11186 words
-
BROKERS’ TAKE
-
Article396 2010-02-04 8 Feb 3 close: $1.79 OCBC INVESTMENT RESEARCH, Feb 3 THE shipping industry has seen a string of optimistic news flow of late. Freight volumes appear to have bottomed out, industry experts are unanimously forecasting higher freight rates this year, lines are turning increasingly sanguine, and some market396 words
-
Article604 2010-02-04 8 JOYCE HOOI - Feb 3 close: $0.15 PHILLIP SECURITIES RESEARCH, Feb 3 Compiled by JOYCE HOOI FCOT recorded Q1 2010 revenue of $29.6 million, net property income of $23.5 million and distributable income available to unitholders of $7.4 million. Q1 2010 distribution per unit (DPU) was 0.24 cents. Underlying rental604 words
-
-
Article121 2010-02-04 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 22,362 22,362 56,221 56,221 Manufacturing 295,263 7,190 302,453 228,468 510 228,978 Commerce 153,967 9,493 163,460 126,547 2,385 128,932 Tpt/Stor/Comms 145,390 6,191 151,581 288,724 1,535 290,259 Finance 34,587 20 34,607 185,673 2 185,675 Construction 73,191 30,334121 words
-
Article114 2010-02-04 8 Stock name Close Change Stock name Close Change CapitaLand 3.870 +0.030 CapitaMall 1.760 +0.050 CityDev 10.800 +0.300 ComfortDelGro 1.570 +0.010 Cosco Corp 1.260 +0.020 DBS Grp 14.500 +0.420 F&N 3.940 +0.040 Genting SP 1.080 +0.020 Golden Agri 0.525 +0.020 HK Land 4.560 -0.040 JMH 29.620 +0.080114 words
-
Article, Illustration503 2010-02-04 8 CURRENCIES Reuters [LONDON] The euro rose against the US dollar yesterday as the European Commission backed a Greek defi-cit-cutting plan as expected, easing some investor worries over euro zone fiscal problems and boosting appetite for risk. A rise in European sharesReuters; AP - 503 words
-
Article58 2010-02-04 8 VOLUME Sin Heng 152,769,000 Golden Agri 115,965,000 Genting SP 81,410,000 Ban Joo 51,408,000 Ying Li 36,519,000 Ryobi Kiso 36,208,000 Teledata 27,545,000 Swiber 25,823,000 Noble Grp 25,502,000 Ezra 25,485,000 VALUE($) Genting SP 88,071,510 SIA 76,574,905 Noble Grp 74,437,760 DBS Grp 70,372,160 Golden Agri 60,324,045 Ezra 56,186,030 Sin Heng58 words
-
Article106 2010-02-04 8 BY CENTS CLOSE UP GLD 10US$ ***** 256.2 1.7 DBXT FTVietnam 10US$ 4447 204.1 3.4 SIA.ES.1002 1464 104.0 7.6 DBXT FTChina25 10US$ 2870 88.7 2.2 SIA 1452 86.0 6.3 SIA 200 1456 80.0 5.8 Lyxor China H 10US$ 1530 74.6 3.6 DBXT Nifty 10US$ ***** 59.1 0.4 UOB 1854106 words
-
Article120 2010-02-04 8 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 5468 -80.2 -1.0 ShangriLa Asia 1390 -11.6 -4.4 Etika W*****8 26 -10.0 -27.8 Hyflux 357 -7.0 -1.9 YangzijiDBSeCW*****8 11 -6.5 -37.1 STI 2950BNPePW*****0 48.5 -6.0 -11.0 HK Land 456 -5.6 -0.9 CDL HTrust 172 -5.0 -2.8 Keda Com 7 -5.0 -41.7120 words
-
Article87 2010-02-04 8 Where S$ stands Feb 3 CHNG YR 2010 CLOSE FR Feb 2 S$ LOW S$ HIGH US$ 1.4067 0.23 1.4119 1.3869 Euro 1.9717 -0.35 2.0153 1.9608 Pounds 2.2540 -0.39 2.2776 2.2242 A$ 1.2524 -0.87 1.2923 1.2416 Yen* 1.5582 -0.21 1.5730 1.5027 Rupiah* 0.***** -0.42 0.***** 0.***** Baht* 4.2595 -0.1587 words
-
-
SINGAPORE NEWS
-
392 2010-02-04 9 TEH SHI NING - SM Goh, Bahrain king mull link-ups in renewable energy, water resources By TEH SHI NING SINGAPORE and Bahrain face similar challenges and can learn much from each other, says Senior Minister Goh Chok Tong. In Bahrain’s capital of Manama, Mr Goh yesterday called on the392 words
-
Article, Illustration606 2010-02-04 9 SAMUEL EE - Brake problems in hybrid model already reported in US and Japan By SAMUEL EE TOYOTA’S recall nightmare looks like it may escalate into an unmitigated disaster after safety problems expanded from faulty accelerators to include brake failure on its sophisticated Prius hybrid model. ProblemsREUTERS - 606 words
-
Article313 2010-02-04 9 SAMUEL EE - By SAMUEL EE THE COE premium for small cars has run out of steam since it surged a fortnight ago, but the premium for big cars has climbed again. Yesterday’s bidding exercise for certificates of entitlement is the last before the Chinese New Year,313 words
-
240 2010-02-04 9 A SURVEY commissioned by the Ministry of Community Development, Youth and Sports has found that while a slight majority of older Singaporeans say that they are keen on learning new things, less than 20 per cent of respondents actually attended or intended to attend240 words
-
SINGAPORE ROUNDUP
-
79 2010-02-04 9 CAPITALAND Hope Foundation (CHF), CapitaLand’s philanthropic arm, has donated $900,000 in bursaries to 154 primary schools to help underprivileged students with education expenses. The donations were for recyclable waste collected by the schools under CapitaLand’s Green for Hope project, officially launched yesterday. From Jan 179 words
-
Article65 2010-02-04 9 REGISTRATION for the J P Morgan Corporate Challenge 2010 will open on Monday, Feb 8. Registration will be available online at www.jpmorganchase.com/cc for the 5.6km team road race starting from Esplanade Drive at 6pm on May 6. The registration fee is $50 per entrant. All entrants65 words
-
Article57 2010-02-04 9 THE Intellectual Property Office of Singapore (IPOS) and the United States Patent and Trademark Office (USPTO) are extending the Patent Prosecution Highway pilot programme in its current state. The programme started on Feb 2 last year. The extension will allow both offices to collect more57 words
-
-
212 2010-02-04 9 SINGAPOREANS for Democracy (SFD) has been declared a political association under the Political Donations Act with immediate effect. The Act, which came into effect in 2001, prohibits political parties, political associations and candidates in parliamentary or presidential elections from accepting donations from impermissible212 words
-
Article319 2010-02-04 9 EMILYN YAP - By EMILYN YAP A PRIVATE developer is paying $46.2 million to buy a freehold industrial building in Balestier and possibly launch a residential project on the site. This is the first collective sale of the year, says Credo Real Estate which handled the deal. The319 words
-
264 2010-02-04 9 This is to equip SMEs’ staff to keep them competitive STAFF training and development among Singapore’s small and medium-sized companies has just been given a shot in the arm, thanks to a new tie-up between ACCA and ASME. Yesterday, the parties inked an264 words
-
Article366 2010-02-04 9 PF LUX) Abs. Ret. Gib Conservative-P cap 29.01.2010 EUR 96,64 PF LUX) Abs. Ret. Gib Diversified-P cap 29.01.2010 EUR 106,45 PF LUX) Asian Equities (Ex-Japan)-P cap 29.01.2010 USD 154,60 PF LUX) Asian Local Currency Debt-P cap 29.01.2010 USD 127,05 PF LUX) Biotech-P cap 29.01.2010 USD 286,23 PF LUX)366 words
-
-
Page 9 Advertisements
-
Advertisement92 2010-02-04 9 4th 6th FEB CLEARANCE SALE AT LIQUIDATION PRICES "v. i £7 a m a B "a 0 a b tff^i ff i i\ ll L&J J ■*£M W Diamond Jewellery Gifts from $98 Diamond Eternity Rings from $600 0.50ct Diamond Solitaires from $999 GIA Loose Diamond Specials "let from $800092 words
-
Advertisement67 2010-02-04 9 For Sale Lease 188 Ocean Drive, Sentosa Cove, Singapore Rare opportunity for foreigners to invest, own or lease a large landed inter-terrace house in Sentosa Island with own yacht berths right at your door step. Estimated built-up area 4,800 sq.ft! For Sale, ONLY USS4.999.000* or SS6.999.000* 3 vr Lease. ONLY67 words
-
-
SINGAPORE AIRSHOW 2010
-
Article, Illustration480 2010-02-04 10 NISHA RAMCHANDANI - Region expected to need 8,000 new jets worth US$1.2 trillion from now to 2028 By NISHA RAMCHANDANI THE world’s biggest plane maker, Airbus, is bullish on Asia-Pacific demand, forecasting a need for 8,000 new passenger and cargo aircraft worth US$1.2 trillion between nowALL PHOTOS BY YEN MENG JIIN - 480 words
-
Article, Illustration452 2010-02-04 10 VEN SREENIVASAN - Airport proliferation major growth driver for biz jet maker By VEN SREENIVASAN ASIA-PACIFIC, with its vibrant economic growth, myriad small airports and huge infrastructure growth, presents great potential for business jet makers. And Bombardier’s vice-president for Asia and the Pacific, David Dixon, sees his452 words
-
292 2010-02-04 10 VINCENT WEE - By VINCENT WEE BOEING Military Aircraft has in place a strategy for increasing participation with international partners and the cooperation with ST Aerospace is likely to grow as a result of that. With the developments in the CH-47 Chinook programme for example, it292 words
-
Article, Illustration431 2010-02-04 10 NISHA RAMCHANDANI - By NISHA RAMCHANDANI INDONESIAN flag carrier Garuda plans to raise US$300 million through an initial public offering (IPO) this year, with part of the proceeds expected to be spent on fleet expansion and upgrading efforts over the next five years. “We431 words
-
Article, Illustration512 2010-02-04 10 VEN SREENIVASAN - By VEN SREENIVASAN ABU DHABI’S Mubadala Aerospace has launched a new venture to capitalise on the market for financing component, airframe and engine repair and procurements for the aerospace sector. Called Sanad Aero Solutions, the venture will provide new capital for airlines and512 words
-
292 2010-02-04 10 NISHA RAMCHANDANI - By NISHA RAMCHANDANI TIGER Airways Holdings concluded an agreement with Airbus at the Singapore Airshow yesterday to take delivery of four Airbus A320 aircraft in 2011, instead of 2016 as originally scheduled. These are on top of the five aircraft that292 words
-
-
Page 11 Advertisements
-
Advertisement127 2010-02-04 11 Mermaid Offshore Services Ltd ASL Shipyard Pte Ltd Congratulations on the Successful Delivery of 9.6mw DP2 Diving Support Vessel MERMAID ASIAN A ■x y I 2 TV 1 I T j 1 1S p SSI r r aw St- W Hi 3. Knuckle Boom Crane Main Engine and Auxiliary Machinery127 words
-
-
SINGAPORE INTERNATIONAL
-
Article589 2010-02-04 12 CHUANG PECK MING - Going global offers SMEs the opportunity to upscale, reports CHUANG PECK MING CHUANG PECK MING IT PAYS to venture overseas. A recent ranking of the 100 top small and me-dium-sized enterprises in Singapore the Singapore International 100 shows that the top 10 SMEs chalked up589 words
-
370 2010-02-04 12 CHUANG PECK MING - Reports by CHUANG PECK MING TIPS from iadvisor Petra Pohorska, director of CEEBA Pte Ltd Central and Eastern Europe Business Advisory: Q: My company had intentions to expand into Europe prior to the recession. With all eyes now on Asia, should I focus370 words
-
304 2010-02-04 12 IN the 1980s, Sia Huat started to see an increasing number of customers walking into its shop on Temple Street, in Chinatown, asking for their purchases to be delivered to other countries in South-east Asia. That’s when it dawned on Sia Huat that there was304 words
-
Article, Illustration264 2010-02-04 12 PJI Contract specialises in industrial flooring, waterproofing and protective coating. It has been in the business for nearly a decade now, but was confined to the home market. While PJI said going regional was part of its growth strategy,264 words
-
Article180 2010-02-04 12 CORLISON, started in 1964, is a brand owner and distributor and marketer of niche personal care products that include the Pearlie White oral care range of products. Its business is confined mainly to Singapore, but the company is keen to expand into Indonesia to reap economies180 words
-
Article530 2010-02-04 12 A sample of International Enterprise Singapore’s help programmes and services for overseas ventures: Competency Advisory centre: A one-stop help desk offering face-to-face consultancy. It will evaluate your needs and recommend appropriate products and services that are most relevant. It also offers a range of comprehensive530 words
-
-
Page 12 Advertisements
-
Advertisement221 2010-02-04 12 r B A. f 1 HjMr ;t"l International Business Fellowship 15th Executive Programme on India India's rapid economic growth, massive consumer size of 200 million households and position as Singapore's 11 th largest trading partner translate into ample opportunities for local companies to seize. But first, learn to be "India221 words
-
Advertisement15 2010-02-04 12 Singapore International A fortnightly series brought to you by IE Singapore and The Business Times15 words
-
-
ECONOMY WATCH
-
Article, Illustration764 2010-02-04 13 Not having trading limits will lead to another crisis, he warns Senate panel Reuters [WASHINGTON] White House economic adviser Paul Volcker on Tuesday took to Congress his call to curb risky investing by big banks, warning that his soul would haunt lawmakers whenReuters; BLOOMBERG - 764 words
-
540 2010-02-04 13 ANTHONY ROWLEY - Govt concerned that sliding wages fuel chronic deflation By ANTHONY ROWLEY THE government will make a bid to legislate an increase in minimum wages in the face of a record slump in earnings last year. The move comes at a time when540 words
-
Article, Illustration385 2010-02-04 13 Reuters [WASHINGTON] President Barack Obama pitched job-creation plans to reces-sion-weary Americans on Tuesday while his advisers urged Congress to take further measures to rein in the record budget deficit. Even as he unveiled a US$30 billion scheme to boost small-business lending, Mr Obama acknowledged theReuters; AFP - 385 words
-
685 2010-02-04 13 Govt had no choice but to bail out Wall Street firms, he says Bloomberg [NEW YORK] The US economy came “very close” to collapsing into a second Great Depression and the government had no alternative to bailing out financial firms, formerBloomberg - 685 words
-
332 2010-02-04 13 Reuters [GENEVA] Vietnam has launched its first dispute at the World Trade Organization with a case against US anti-dumping measures on its key exports of shrimp. The communist state only joined the global trade arbiter three years ago, and its economy likeReuters - 332 words
-
-
Page 13 Advertisements
-
Advertisement338 2010-02-04 13 KAT3 NOTICES In the matter of The Companies Act, Cap. 50 And In the matter of AMRAK ASIATIC PTE LTD (Company No. *****4280W) (In Creditors' Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company, duly convened and held at 336, Smith Street, #06-308 New Bridge338 words
-
-
MALAYSIA
-
Article, Illustration701 2010-02-04 14 S JAYASANKARAN - RM4.92b takeover offer won’t be tabled to other shareholders: EON By S JAYASANKARAN SHARES of EON Capital fell 3 per cent to RM6.84, the most in more than five months, after the Malaysian banking group rejected a RM4.92 billion takeover offer fromBLOOMBERG - 701 words
-
503 2010-02-04 14 PAULINE NG - The tabloid will be distributed free to Sunday Star buyers By in Kuala PAULINE NG MALAYSIA’STheStarnewspaper is planning a month-end launch of a na-tional-language weekly to tap the growing Malay readership. The launch of the new Bahasa Malaysia paper would intensify503 words
-
344 2010-02-04 14 Bloomberg [KUALA LUMPUR] Shamsul Azhar Abbas was named as chief executive officer of Petroliam Nasional Bhd, replacing Mohd Hassan Marican who has headed Malaysia’s state-owned oil and gas company for the past 15 years. Mr Hassan’s contract at Petronas, as the company isBloomberg - 344 words
-
-
Page 14 Advertisements
-
Advertisement1257 2010-02-04 14 MATS 3* NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg •SELL IT-FIND IT mm J* A, SUPERIOR FASTENING TECHNOLOGY LIMITED (Incorporated in Bermuda) (Registration No. *****) NOTICE OF SPECIAL GENERAL MEETING Unless otherwise defined, all capitalised terms herein shall bear the same meaning as used in the circular dated 4 February 20101,257 words
-
Advertisement673 2010-02-04 14 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IT-SELL IT-FIND IT Notice to the Holders of: (i) Minibond Series 1 S$ Credit-linked Notes due 2011 and US$ Credit-Linked Notes due 2011 ("Minibond Series 1") (ii) Minibond Series 2 S$ Credit-linked Notes due 2012 and US$ Credit-Linked Notes due 2012 ("Minibond Series673 words
-
-
GREATER CHINA/INDIA
-
672 2010-02-04 15 This follows credit tightening by banks to fall in line with govt’s strict quotas Reuters [BEIJING] A major Chinese bank has raised mortgage rates in one of the first signs of how the government’s lending clampdown is rippling through the economy and couldReuters - 672 words
-
383 2010-02-04 15 Reuters [MUMBAI] Indian firms made US$22.6 billion of overseas buys in 2007, not far behind China’s haul. But outbound M&A last year was just US$1.3 billion, while China spent US$42.7 billion. Now, India Inc is back on the overseas acquisition trail, but movingReuters - 383 words
-
421 2010-02-04 15 Move is to develop a manufacturing sector in Africa Reuters [JOHANNESBURG] The World Bank is working with China, including via jointly funded projects, to develop a manufacturing sector in Africa and potentially transform the economies of the poorest continent, its head saidReuters - 421 words
-
Article, Illustration257 2010-02-04 15 Bloomberg [TAIPEI] United Microelectronics Corp posted profit that beat analyst estimates and said it will triple spending on equipment and factories this year as demand for chips used in phones and computers climbs. Fourth-quarter net income was NT$4.4 billion (S$193.5 million) from a loss ofBloomberg; BLOOMBERG - 257 words
-
182 2010-02-04 15 AFP [HONG KONG] Police said yesterday that they may investigate a feng shui master after the city’s high court ruled that the will granting him an eccentric tycoon’s massive property fortune was fake. The authorities will probe the high-profile judgment released onAFP - 182 words
-
-
Page 15 Advertisements
-
Advertisement78 2010-02-04 15 KURIYA DINING 16 JAPANESE WAGYU Yusheng Available fro b 2010 Served with Wagyu Yukke sauce (soy-sauce based dressing with garlic and ginger). Besides Yukke sauce, you can also choose from soy-sauce based Japanese dressing or traditional plum sauce. Seafood Yusheng ajl (?4 m Served with soy-sauce based Japanese dressing or78 words
-
Advertisement553 2010-02-04 15 NOTICES BUY IT• SELL IT• FIND IT JUNMATYRE CORD COMPANY LIMITED (Incorporated in the People's Republic of China) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Company will be held at Conference Room, Junma Building, Zhenxing Road, Chenghang, Yangshe Town, Zhangjiagang City,553 words
-
Advertisement148 2010-02-04 15 2m Wicker Dining Set t (6+1) UP:$1699 Now 2 Wicker Chairs with Teak Table Wicker Outdoor Set ■I (3+1 1+CT) UP:$1269 $699 UP $499 $999 JMow l II I r w HONG BAO VOUCHER with every $100* spent. LAST 4 DAYS ERT1FICAT1 mWPW 23 is $2.0 Mr Wicker Outdoor Set148 words
-
-
ASIA-PACIFIC/WORLD
-
528 2010-02-04 16 Belgium seeks copy of stolen data that Germany may buy from informant Reuters [AMSTERDAM] European governments kept up the pressure on Switzerland and its famed banking secrecy laws, with fresh reports from the Netherlands and Belgium raising the stakes in the battleReuters - 528 words
-
Article, Illustration577 2010-02-04 16 Reuters [TOKYO] Honda Motor Co yesterday lifted its annual guidance far beyond market expectations after cost cuts drove quarterly profit to the strongest in a year and a half. The company said it anticipates further growth next financial year. Japan’s No 2 automakerReuters - 577 words
-
Article, Illustration496 2010-02-04 16 Telephone bidding from Russian buyers boosts market Bloomberg [LONDON] A Pablo Picasso portrait fetched £8.1 million (S$18.2 million), twice the presale top estimate, at an auction here on Tuesday night as telephone bidding from Russian buyers boosted the market for 20th-cen-tury European art. Christie’sBloomberg - 496 words
-
433 2010-02-04 16 Bloomberg [TOKYO] Assets raised by hedge fund startups fell 36 per cent last year to US$15 billion from the previous year, the lowest figure on record, a survey by AR magazine showed. The startups that raised the most money from investors were WoodbineBloomberg - 433 words
-
352 2010-02-04 16 Reuters [TOKYO] Japanese prosecutors firmed up a decision not to charge ruling party No 2 Ichiro Ozawa over a funding scandal that has dented government support ahead of a key election, public broadcaster NHK reported yesterday. Mr Ozawa’s skills as a campaignReuters - 352 words
-
-
Page 16 Advertisements
-
Advertisement117 2010-02-04 16 Get your copy from any Spinelli outlet at $5.50 and get a complimentary Spin or Latte! February Pulses out now! Will new malls revive retail sector? Why retail stocks have gone out of vogue in recent years. Magnus Bocker's five-year plan for SGX. Investors who don't like "roller-coaster rides find117 words
-
-
WORLD
-
746 2010-02-04 17 Payment is to staff of division which brought insurer to brink of collapse LAT-WP [WASHINGTON] American International Group plans to pay another round of employee bonuses worth about US$100 million, said several people familiar with the matter, a year after similar payments atLAT-WP - 746 words
-
312 2010-02-04 17 Reuters [NEW YORK] Bank of America Corp (BOA) has approved more than US$4 billion in 2009 pay for its investment bankers and traders, according to The Wall Street Journal. The payout is about 19 per cent of the US$23 billion inReuters - 312 words
-
Article, Illustration534 2010-02-04 17 Reuters [LOS ANGELES] Sony Pictures led the Hollywood studios in Oscar nominations on Tuesday with 18 nods, but all the studios that made nominated films will likely attract audiences to the box office and sell more DVDs. Sony Pictures, aReuters - 534 words
-
Article512 2010-02-04 17 News Corp Q2 US$254m profit better than expected AFP [WASHINGTON] Buoyed by a box office hit in Avatar and better-than-expected profits, News Corp’s Rupert Murdoch on Tuesday predicted a rosy future for content companies such as his media and entertainment giant. “The debate over the primacyAFP - 512 words
-
488 2010-02-04 17 Reuters [MADRID] Rocketing unemployment is going to make it even harder for Spain to meet promises to slash its budget deficit, and it is already hard to find an analyst who believes the growth assumptions behind the forecasts. The number registered as unemployed toppedReuters - 488 words
-
342 2010-02-04 17 US willing to listen to offer to break nuclear impasse Reuters [TEHERAN] President Mahmoud Ahmadinejad said on Tuesday that Iran was ready to send its enriched uranium abroad in exchange for nuclear fuel. A US official said that Washington was prepared toReuters - 342 words
-
-
Page 17 Advertisements
-
Advertisement37 2010-02-04 17 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY SUNNY SECRETS Cricket legend Sunil Gavaskar gives tabla! a peek into his life The Thaipusam journey r v" T'Srrs GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST37 words
-
-
EDITORIAL & OPINION
-
505 2010-02-04 18 EDITORIAL AS the business sector starts digging into the big-picture visionary goals and sectoral targets in Singapore’s new economic blueprint for the decade, a little disquiet has surfaced in some quarters. Which should be no surprise, as the transformation indeed, quantum leap to a high-skilled,505 words
-
Article, Illustration753 2010-02-04 18 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group NOW that the US Senate has confirmed him for a second term as chairman of the Federal Reserve, Ben Bernanke has, or ought to have, a very simple agenda: improve confidence. This isn’t hisThe Washington Post Writers Group - 753 words
-
Article, Illustration1011 2010-02-04 18 ANTHONY ROWLEY - Either BOJ prints enough new money until inflation returns or the yen is depreciated ANTHONY ROWLEY Tokyo Correspondent THE reality of deflation in Japan hit home this week when I paid a taxi driver for a short trip (in the snow, I should add) fromAP - 1,011 words
-
Article, Illustration1161 2010-02-04 19 MICHAEL FRESE - When resources are scarce, human capital becomes a vital resource for success By MICHAEL FRESE The writer is a professor in management organisation, NUS Business School. He specialises in leadership, ageing, innovation and entrepreneur ship. This commentary is based on research with Jens Unger, Andreas Rauch andREUTERS - 1,161 words
-
Article, Illustration844 2010-02-04 19 JACK GOLDSMITH - By JACK GOLDSMITH The writer teaches at Harvard Law School and is on the Hoover Institution’s Task Force on National Security and Law. He was a member of a 2009 National Academies committee that issued the report ‘Technology, Policy, Law, and Ethics RegardingLAT-WP - 844 words
-
335 2010-02-04 19 PN Balji - LETTER TO THE EDITOR PN Balji Director Asia Journalism Fellowship VIKRAM Khanna’s comment, “Foreign workers, production and productivity how they interplay” (BT, Feb 2), is a timely intervention to put the brakes on the foreigner debate speeding off like a breakaway train.335 words
-
-
AVIATION
-
708 2010-02-04 20 Premium seat supply hit by capacity cuts; base of qualifying customers widens NYT [NEW YORK] This is usually the time of year when frequent fliers who earned elite status in the previous year can stop obsessing about qualifying miles and enjoy theNYT - 708 words
-
Article, Illustration363 2010-02-04 20 Bloomberg [SINGAPORE] China Southern Airlines Co and Air China Ltd, two of the nation’s big three carriers, will back a domestic planemaker challenging Boeing Co and Airbus SAS in the world’s fastest-growing aviation market. “We are a state-owned company, of course, we supportBloomberg; BLOOMBERG - 363 words
-
479 2010-02-04 20 Nato defence chiefs’ aides set to hold talks in Berlin today Reuters [PARIS] Airbus and buyer nations have intensified efforts to strike a deal this week over the funding of Europe’s delayed A400M military transporter, exhausted by months of wrangling, sourcesReuters - 479 words
-
Article2912 2010-02-04 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1240 SQ458 1415 --EY473 1940 Adelaide LH9771 1740 LH9770 2350 SQ268 1740 SQ269 2350 VS7268 1740 VS7269 2350 9W4081 1830 AF8087 1830 BA7381 1830 JL5084 1830 QF81 1830 Amsterdam LO4031 0610 KL836 0125 SQ323 0610 AZ3993 2250 US54102,912 words
-
398 2010-02-04 20 NYT [WASHINGTON] America’s top intelligence official told lawmakers on Tuesday that Al-Qaeda and its affiliates had made it a high priority to attempt a large-scale attack on US soil within the next six months. The assessment by Dennis Blair, the director ofNYT - 398 words
-
4921 2010-02-04 21 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN RTM/ANR/TIL *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN NOL/CDN *Loads E./W. Malaysia,4,921 words
-
-
Page 20 Miscellaneous
-
Miscellaneous299 2010-02-04 20 CRYPTIC CROSSWORD Across 1 One taking steps spotted one pair outside (5) 4 Spotty cloth Deb designed (8) 8 Harvest fruit to be seen again (8) 9 A grossly distorted list of words (8) 11 A grain’s polluting wine (7) 13 Emperor heard to have broken rib (9) 15 Trespassers299 words
-
-
Page 21 Advertisements
-
Advertisement11 2010-02-04 21 THE BUSINESS TIMES SHIPPING TIMES CALL JOE WONG AT 9620 132711 words
-
-
Article, Illustration413 2010-02-04 22 They are keeping away from tightly patrolled Gulf of Aden: EU official Bloomberg [BRUSSELS] Pirates preying on commercial ships off the coast of Somalia are shifting attacks from the tightly patrolled Gulf of Aden to the Indian Ocean, the head of the EuropeanBloomberg; AFP - 413 words
-
Article286 2010-02-04 22 SGX '000 Feb 3 S$ +/-Vol CH Offshore 0.66 0.01 691 Chuan Hup Hldgs 0.34 0.01 627 Cosco Corp 1.26 0.02 9117 CWT Ltd 0.93 -0.01 2267 Ezra Hldgs 2.28 0.21 ***** First Ship Lease 0.59 unch 541 Freight Links 0.05 unch 251 Grand Banks unch unch 0286 words
-
376 2010-02-04 22 The US state offers wider outlet for new Russian grade Reuters [SINGAPORE] European trader Vitol may be sending a mid-February loading cargo of ESPO Blend crude to Hawaii, possibly the first parcel of the new Russian grade to head for the USReuters - 376 words
-
210 2010-02-04 22 Reuters [PERTH] Coal exports at Australia’s Newcastle port, the world’s largest coal export terminal, rose 3 per cent in the latest week. However, total shipments in January remained below its target level, port data showed yesterday. Exports from the eastern coast port, which ships mostlyReuters - 210 words
-
275 2010-02-04 22 Bloomberg [LONDON] The cost of delivering Middle East crude to Asia, the world’s busiest route for supertankers, slid for a third day as oil companies offered to lease out vessels that are surplus to their own cargo requirements. Charter rates for two mil-lion-barrelBloomberg - 275 words
-
Page 22 Advertisements
-
Advertisement11 2010-02-04 22 To All Shipping Advertisers: Please call Joe Wong at 9620 132711 words
-
-
SINGAPORE STOCKS
-
Article8900 2010-02-04 23 Transaction date: Feb 3 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3 3148 8Telecom 15.5 unch 450 15.5 15.5 15.5 16 5 0.7 28.2 74.2 10 2.5 58348,900 words
-
Article1679 2010-02-04 24 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 s AA Grp 5 4.5 6 4.8 25 12 8538 t APStrategic 16.5 -0.5 8 16.5 14 14 16.51,679 words
-
Article9366 2010-02-04 24 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.16/ APS Alpha Fund (USD)!** 0.82/ AXA Life Secure Ascent 2020 Fund 0.9298/0.9298 AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.69/ Aberdeen Asset Mgt Asia Limited American Opp 0.6318/ Asian Credit Fund 1.2208/ Asian9,366 words
-
Article474 2010-02-04 24 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 109 107.6 111 497.6 846 427 CIMBAsean40 100US$ US801 +2 0 801 801 802 808 32 298474 words
-
Article259 2010-02-04 24 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 20 6000 AVJennings A47.5 47 52.5 3.6 7.4 3.8 123.7 31 6 6017 Genting HK US$ US21 unch 2697 21.5 21 21 21.5259 words
-
-
FINANCE & COMMODITIES
-
365 2010-02-04 25 In local curr In S$ In US$ dy yr dy yr dy yr Feb 2 Index Change Change Change Change Change Change World Index Preliminary 817.6 1.0 -1.8 0.9 -1.8 1.1 -2.2 EAFE Preliminary 769.5 1.1 -2.0 1.3 -2.4 1.5 -2.8 Europe Preliminary 1100.9 0.9365 words
-
Article177 2010-02-04 25 Feb 3 $S Offer Bid Overnight 1/4 1/8 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.23 0.18 1 month 0.28 0.23 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.50 0.40 9 months 0.90 0.60 12177 words
-
Article22 2010-02-04 25 Feb 3 S$ Bid Offer 1-month 1.4077 1.4093 2-months 1.4080 1.4096 3-months 1.4082 1.4098 6-months 1.4089 1.4104 Source: OCBC22 words
-
Article132 2010-02-04 25 Feb 3 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2380 1.2750 Can dollar 1.3240 1.3390 Euro 1.9550 1.9770 NZ dollar 0.9950 1.0160 Sterling pound 2.2390 2.2640 US dollar 1.3990 1.4150 Local dollars to 100 units of foreign132 words
-
Article27 2010-02-04 25 Feb 3 Open High Sett STI Feb 2765 SIMSCI Feb 326.1 332.3 332.0 Taiwan Feb 267.2 273.0 272.0 Source: MF Global (S) Pte. Ltd27 words
-
Article67 2010-02-04 25 Feb 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 10 2485 2509 2527 2485 69 1202 Mar 10 2483 2504 2510 2479 2245 ***** Apr 10 2478 2498 2505 2475 ***** ***** May 10 2477 249567 words
-
Article350 2010-02-04 25 Feb 3 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7100 0 8333 Jun10 99.5900 0 7530 Sep10 99.3200 0 1848 Dec10 98.9700 0 2671 EUROYEN TIBOR FUTURES Mar10 99.5750 27 4513 Jun10 99.6200 55 1590 Sep10 99.6400 2 1921 Dec10 99.6300 99.6300 99.6300 99.6250 10350 words
-
Article190 2010-02-04 25 Feb 3 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 10 306.2 302.0 306.0 177 605 Apr 10 307.0 400 May 10 308.0 308.0 308.0 20 646 Jun 10 308.0 307.0 308.0 30 640 Jul 10 308.0 330190 words
-
Article88 2010-02-04 25 Feb 3 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 06.05.2010 0.43 0.35 0.35 1-Year BY*****N 01.11.2010 0.45 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.33 104.39 104.33 5-Year N*****0N 1.375 01.10.2014 100.4888 words
-
Article105 2010-02-04 25 Feb 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 10 925.50 909.75 930.00 905.25 May 10 936.50 920.75 941.00 916.00 Jul 10 945.75 928.75 950.00 924.25 Aug 10 941.00 924.50 945.00 922.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 10 37.47 36.19 37.50105 words
-
Article77 2010-02-04 25 CRUDE OIL PRODUCTS Feb 2 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 74.34 2.21 WTI (Near Mth) 77.29 2.52 Dubai (1-Mth F) 73.95 1.90 Tapis blend 76.60 2.00 Minas 76.10 2.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 73.13 1.02 Jet Kerosene 80.25 1.05 US$/barrel Opec Oil77 words
-
2406 2010-02-04 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 -0.5 222 1 15 9 5.50 51 2036 Advance SCT Ltd W*****9 0.5 1 87 1650 10.00 6 8756 Asiatic Grp (H) Ltd W*****2 9.52,406 words
-
Article465 2010-02-04 25 Feb 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.939 6.067 0.636 6.901 40.867 82.649 0.803 10.208 3.026 1.248 75.500 41.005 1.252 6.611 0.938 28.434 29.376 0.554 0.889 Canada 1.065 6.464465 words
-
Article85 2010-02-04 25 Feb 3 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
-
Article154 2010-02-04 25 Feb 3 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2507 1.2523 0.8886 0.8888 Canadian dollar 1.3325 1.3342 0.9467 0.9469 Euro 1.9668 1.9692 1.3974 1.3976 NZ dollar 1.0021 1.0041 0.7120 0.7126 Sterling pound 2.2562 2.2588 1.6030 1.6031154 words
-
Article139 2010-02-04 25 Feb 3 GOLD (US$/oz) Feb 03 Feb 02 Hong Kong 1120.30 1102.60 Feb 01 Feb 02 London 1094.30 1111.65 1095.10 1112.45 Source: Thomson Reuters CAST BAR Feb 03 (S$) Selling Buying Kilobar "54,089.57" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 120.91 50 5gm 344.54 252 10gm 614.18139 words
-
Article69 2010-02-04 25 Feb 2 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2086.50 2052.50 3 months 2120.00 2085.00 Copper, Grade A (US$/tonne) Cash 6793.75 6768.00 3 months 6815.00 6790.00 Lead (US$/tonne) Cash 2098.50 2024.50 3 months 2117.00 2045.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
-
Article79 2010-02-04 25 Feb 2 COCOA (£/tonne) Close Prev High/Low Mar 10 2213 2225 2230/2157 May 10 2213 2225 2229/2162 Jul 10 2201 2214 2214/2149 Sep 10 2182 2196 2199/2130 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1339 1322 1340/1320 May 10 1372 1355 1372/1352 Jul 10 1399 1382 1398/1381 SUGAR (US79 words
-
-
BizIT
-
Article, Illustration671 2010-02-04 26 ONG BOON KIAT - The Singapore tech start-up inks deal with Malaysian mobile-phone maker CSL and is set to get more funding, reports ONG BOON KIAT ONG BOON KIAT FUSION Garage, which has grabbed headlines worldwide for its spat with popular American technology blog TechCrunch, has revealedFILE PHOTO - 671 words
-
Article, Illustration479 2010-02-04 26 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY A RECENT survey of Asia Pacific CIOs (chief information officers) by Hitachi Data Systems Corporation (HDS) shows that most feel regional economic recovery will begin sometime this year. Speaking to BizIT, HDS’s Ravi Rajendran noted that 86 per479 words
-
516 2010-02-04 26 WINSTON CHAI - By WINSTON CHAI FUTURE plans to sustain Asia’s explosive broadband growth could hit a major stumbling block as the existing pool of Internet addresses could be maxed out by late 2011. This prediction was made by the Asia Pacific Network Information Centre (APNIC), the regional516 words
-
362 2010-02-04 26 ABIGAIL KOR - By ABIGAIL KOR ELECTRONIC payment provider Nets short for Network For Electronic Transfers (Singapore) has entered the self-service payment sector, in which some 60 million bills are processed annually. It has announced a new multi-channel platform on which people can make fast, easy and362 words
-
438 2010-02-04 26 Reuters [BRUSSELS] European Union regulators are to charge 10 memory chip makers, including Samsung Electronics, Infineon and Hynix Semiconductor, with fixing prices in breach of EU antitrust rules. Four people familiar with the situation said the charges could be made this week,Reuters - 438 words
-
-
PROPERTY
-
Article, Illustration711 2010-02-04 27 Weak pound helping to fuel demand, but few sellers as most await GE outcome Bloomberg [EDINBURGH] Luxury home prices in central London rose last month at the fastest annual pace since April 2008 as a growing number of buyers chasedBloomberg; BLOOMBERG - 711 words
-
825 2010-02-04 27 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED The Sail Marina Bay Apt 13/01/2010 99 614 1179 1920 District 5 NON-LANDED Faber Crest Apt825 words
-
802 2010-02-04 27 NYT [NEW YORK] In 2006, Benjamin Koellmann bought a condominium in Miami Beach. By his calculation, it will be about the year 2025 before he can sell his modest home for what he paid. Or maybe 2040. “People like me are beginning toNYT - 802 words
-
Article, Illustration486 2010-02-04 29 It’s interested in commercial property but chairman says buying land not easy Reuters [HONG KONG] Hong Kong-listed developer Hang Lung Properties aims to invest US$2-3 billion over the next couple of years into China if it finds good opportunities in the country’s commercialReuters; FILE PHOTO - 486 words
-
319 2010-02-04 29 Bloomberg [SYDNEY] Rising interest rates will trigger defaults on Australian home loans and commercial mortgages, causing deterioration in the quality of assets underpinning mortgage-bac-ked bonds, according to Fitch Ratings. Three straight interest rate rises last year and further increases expected in 2010 may causeBloomberg - 319 words
-
374 2010-02-04 29 Reuters [NEW YORK] Jones Lang LaSalle Inc, one of the world’s largest real estate service companies, said on Tuesday that fourth-quar-ter net income rose 26.8 per cent, driven in part by its US corporate outsourcing business and its Asia operations. ItReuters - 374 words
-
215 2010-02-04 29 Bloomberg [NEW YORK] Cushman Wakefield Inc, the world’s biggest closely held commer-cial-property broker, named Glenn Rufrano as its president and chief executive officer. Mr Rufrano, 60, is the CEO of Centro Properties Group, Australia’s second-big-gest retail real estate investment trust. He will join CushmanBloomberg - 215 words
-
Article, Illustration1077 2010-02-04 30 This is due to more supply here as building increased ahead of the IRs Bloomberg [SINGAPORE] A bungalow on Singapore’s Ocean Drive, a stretch of luxury homes lined with Bentleys and Ferraris, sold for a record S$30 million in October. In Hong Kong,Bloomberg; FILE PHOTO - 1,077 words
-
-
Page 27 Advertisements
-
Advertisement58 2010-02-04 27 Nass'im Park ResTdences Featuring the Prestige Homes Collection Your Specialist In I Prime and Luxurious Properties To arrange for an appointment to view our other luxurious developments, please call 6836 3338 or search with us at residential.savills.com.s savills Savills has more than 200 offices and associates worldwide to meet all58 words
-
-
Page 28 Advertisements
-
Advertisement163 2010-02-04 28 J 1 X > t t •Kir ■4 52 ■*< :t> <>- '<• v -a 8 Nh$s"* SINGAPORE 8 Nassim Hill occupies an unrivalled location in an Asian centre that is increasingly the primary residence of choice. We offer a limited edition of 16 freehold expansive homes, each with a163 words
-
-
Page 29 Advertisements
-
Advertisement268 2010-02-04 29 One Amber (District 15) Residential units for sale TOP 2010 Freehold Full condominium facilities Walk to East Coast beach and Parkway Parade Minutes to Marina Bay, IR City Priced to sell 1 bdrm 1076 sqft 3+study 1389 sqft 2 bdrm 958 sqft 4 bdrm 1593 to 3 bdrm 1259 to268 words
-
Advertisement175 2010-02-04 29 Nassim Hill Limited edition of freehold homes with private pool Viewing by appointment: 9847 1311 NEW LAUNCH RIVER VALLEYI 36 Storey Iconic FREEHOLD development I Panoramic Riverfront City Flyer views I 2 3 4 penthouse units with private lifts I Great World City Amenities I Superb imported Finishing and Fittings175 words
-
Advertisement206 2010-02-04 29 ENTERPRISE LOGISTICS CENTRE -J Warehouse For Lease Located at Tuas South Unit sizes from 28,000 sq ft to 163,000 sq ft High ceiling of up to 10m Floor loading of up to 25 KN/m 2 Very wide ramp and driveways for easy 40-footer container access Sheltered loading unloading bays in206 words
-
-
Page 30 Advertisements
-
Advertisement382 2010-02-04 30 A sponsored feature brought to you by Absolute Developments L il *1 4 "-V. II If Lv Living the high life in Phuket n 1 m (7 uv Savvy travellers can own a piece of paradise at a new designer development in Phuket r i The only thing that could382 words
-