The Business Times, 15 April 2010

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Microfilm: NL30642
Total Pages: 71
1 16 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg 9fi\ A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, April 15,2010
    23 words
  • Article, Illustration
    Lock icon Superlatives greet Q1 GDP numbers
    851 1  -  With strong figures from the first quarter’s advance estimates, MTI now expects Singapore growth to hit 7-9% this year By TEH SHI NING [SINGAPORE] Exceptional first-quarter growth and a firmer recovery in the US and Asia have prompted the government to raise its forecast for
    Source: Ministry of Trade and Industry  -  851 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 ST INDEX 3,019.74 (+48.14) ST INDEX FUTURES 3,003.00 (+49.00) SIMSCI 360.40 (+7.74) SIMSCI FUTURES 358.00 (+8.00) FOREX US$ S$ US$ (S$ per US$) 1.379 (US$/S$ per 1.541 2.125 EURO (US$/S$/E) 1.363 1.879 Foreign currency per US$ S$ YEN 93.50 67.80 RM 3.204 2.323 HK$ 7.760 5.628 BAHT 32.26
    141 words
  • Article
    Lock icon What a turnaround
    589 1  -  COMMENTARY By VIKRAM KHANNA WHAT a difference a year makes. Around this time in 2009 when the Singapore economy was reported to have shrunk more than 9 per cent year-on-year in the first quarter and manufacturing numbers had fallen off a cliff (minus 23.8 per cent) just
    589 words
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      59 1 COMPANIES Strong Q1 for CapitaMallsAsia PAGE 7 BANGKOK Red shirts preparing a final battleground PAGE 4 BizIT WatchGuard posts double-digit growth PAGE 51 OPINION Western hypocrisy rears ugly head PAGE 37 Boat Asia 2010 A16-page supplement highlighting the best that the region’s premier boat show has to offer. Free with
      59 words
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      19 1 PM Lee urges caution on growth figures PAGE 2 Investors rerate Singapore stock market, Page 4 8 '*****1 *****4
      19 words
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      105 1 iltilif m 5u^ry2<3r£> 77u_ It takes months to handcraft a Bentley. It takes just 3.9 seconds for you to hit iookm/h in the new Continental Supersports. Powered by a potent twin-turbo W12 engine that delivers a top speed of 329km/h in a heartbeat. This awe-inspiring supercar embodies all the refined
      105 words
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  • TOP STORIES
    • Article
      Lock icon Deft move by MAS to tighten monetary policy
      684 2  -  Exchange rate band re-centred upwards, 0% appreciation strategy dropped By EMILYN YAP [SINGAPORE] The Monetary Authority of Singapore yesterday tightened its monetary policy as the economy staged a sharp rebound and inflationary concerns returned to the fore. In an unexpectedly aggressive move,
      684 words
    • Article, Illustration
      Lock icon PM Lee sounds caution over GDP figures
      479 2  -  ‘I fear these headlines red hot figures, out of the woods,’ he says By CHEW XIANG PRIME Minister Lee Hsien Loong said that he was pleased with Singapore’s spectacular economic growth in the first quarter but cautioned against getting carried away. “I fear
      AP  -  479 words
    • Article
      Lock icon S’pore investor sentiment stays high: survey
      506 2  -  Stock and property markets seen rising in Q2 on confidence, growth prospects By LYNETTE KHOO [SINGAPORE] Sentiment among Singapore investors is staying at an all-time high since the financial crisis, buoyed by growth prospects and confidence in the local economy, according to the latest
      506 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Superlatives greet Q1 GDP numbers
        66 2 EXCEPTIONAL first quarter growth and a firmer recovery in the US and Asia have prompted the government to raise its forecast for Singapore’s 2010 GDP growth by 2.5 percentage points. The news yesterday sent the Straits Times Index surging past 3,000 points for the first
        66 words
      • Article
        Lock icon Deft move by MAS to tighten monetary policy
        88 2 THE Monetary Authority of Singapore yesterday tightened its monetary policy as the economy staged a sharp rebound and inflationary concerns returned to the fore. In an unexpectedly aggressive move, MAS let the Singapore dollar strengthen by re-centring the exchange rate policy band
        88 words
      • Article
        Lock icon Aussie firm to invest in Johor waterfront project
        78 2 AUSTRALIA’S Walker Corporation has unveiled a planned RM1.7 billion (S$734 million) waterfront project along Danga Bay to the Lunchoo River, which is expected to spur further investments on the eastern side of Johor. Front Concept, a joint venture company between Walker and
        78 words
      • Article
        Lock icon Sembcorp gearing up for 2nd cogen plant
        67 2 WITH electricity demand climbing again and new petrochemical investors returning to Jurong Island, Sembcorp is getting ready to build a second combined cycle/cogeneration plant there expected to cost around $1 billion. The project will more than double the capacity of Sembcorp’s current 815-MW
        67 words
      • Article
        Lock icon Strong Q1 for CapitaMalls Asia
        51 2 CAPITAMALLS Asia yesterday reported a net profit of $96.8 million for Q1 2010 up from $10.3 million a year ago as the mall operator saw higher rental income from its majority-owned malls and booked profits from selling units in The Orchard Residences. COMPANY NEWS, PAGE
        51 words
      • Article
        Lock icon MDA plans 3D television trials in August
        47 2 LOCAL authorities are literally taking television viewing to the next dimension with plans to embark on cutting-edge three-dimensional TV trials this year. This pilot will kick off in August across both cable and terrestrial television channels. SINGAPORE NEWS, PAGE 14
        47 words
      • Article
        Lock icon China’s yuan policy lets Fed set its interest rates: Geithner
        84 2 US Treasury Secretary Timothy Geithner said China is likely to move toward a more flexible currency because its practice of pegging the yuan to the dollar limits the Asian nation’s ability to conduct monetary policy. “As a strong, large, independent,
        84 words
      • Article
        Lock icon Indian economy forecast to grow 8.4% this year
        76 2 INDIA’S economy is seen growing at a faster pace in 2010-11 than earlier expected, supported by a global recovery, domestic demand and a double-digit expansion in factory output, a Reuters poll shows. Asia’s third-biggest economy will grow at annual rates above 8
        76 words
    • Article
      Lock icon Aussie firm to invest in Johor waterfront project
      521 4  -  Senibong Cove homes on freehold land will cost 30% more than rivals’ By PAULINE NG AUSTRALIA’S Walker Corporation has unveiled a planned RM1.7 billion (S$734 million) waterfront project along Danga Bay to the Lunchoo River, which is expected to spur further investments
      521 words
    • Article, Illustration
      Lock icon Red shirts all ready for the final battle
      606 4 Reuters AFP [BANGKOK] Thailand’s ‘red shirts’ converged in their tens of thousands at an upmarket Bangkok shopping district yesterday, preparing a ‘final battleground’ in their campaign to oust army-backed Prime Minister Abhisit Vejjajiva. About 40,000 had gathered by evening as the prospect
      Reuters; AFP; REUTERS  -  606 words
    • Article, Illustration
      Lock icon Bullish signals spark rerating of S’pore equities
      477 4  -  By VEN SREENIVASAN [SINGAPORE] Powered by a combination of economic optimism and liquidity, the Straits Times Index pierced the key 3,000-point level yesterday for the first time in 21 months. The index rose 48.14 points to close at 3,019.74 the highest finish since
      477 words
    • Article
      Lock icon Bernanke highlights hurdles to growth
      427 4 He cites weakness in construction, budgetary woes Reuters [WASHINGTON] The US economy is still being weighed down by weakness in the construction sector and battered state and city budgets, Federal Reserve chairman Ben Bernanke said yesterday. Mr Bernanke focused mostly on the barriers to continued
      Reuters  -  427 words
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      168 2 A /A m 1 to 30 April 2010 L at Millennium Copthorne i/t/f /\t/f Treat your secretary to a month-long culinary journey with an array of Local, Penang, Chinese and International delights. Participating outlets: B RI <9's International Lunch and Dinner Buffets GRAND COPTHORNE WATERFRONT HOTEL *****100 //aJ- ORCHARD Local
      168 words
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      242 3 lu HI FILBFI FREEHOLD A Vision of White in the Orchard v W t win TW \k4lk4lr \M s hj I U *§fe V ti 1 l»i! \1J ll'Bitr r» M Ull! i L* Wu\ ir» Vuu iiaiiifl i n iiHaiggiill iniiTi* li-dnnnm pr i mii; hiiimi i-M-tari liiiiimf am
      242 words
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      1781 4 o LINDETEVES-JACOBERG LIMITED (Company Registration No. *****0172G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixty Second Annual General Meeting of the Company will be held at 1 Raffles Boulevard, Suntec City, Meeting Room 308, Level 3, Suntec Singapore International Convention
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      185 5 Standard Cg Chartered a"- <*«&? J ok^ vf V «f j r«» ->? j*» <? -T* V* J »> J- Vo w^° 0 H J -u w" V jVJ j u j"y -*ji> 0 3 u < I V<J< ,-f kI ""uul J ~4? ewejrywi yB dine w o Singapore's
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  • COMPANY NEWS
    • Article
      Lock icon Sembcorp gearing up for 2nd cogen plant
      561 6  -  It’s said to have applied to EMA for licence to generate 1,000 MW power By RONNIE LIM WITH electricity demand climbing again and new petrochemical investors returning to Jurong Island, Sembcorp is getting ready to build a second combined cycle/cogeneration plant there expected
      561 words
    • Article, Illustration
      Lock icon Keppel invests US$50m in new Brazilian yard
      453 6  -  By VINCENT WEE KEPPEL Corp is hoping to capitalise on the strength of the Brazilian market and the expected demand for offshore support vessels (OSVs) with high local content by investing US$50 million in another yard there. Keppel Offshore and Marine (KOM), through
      BLOOMBERG  -  453 words
    • Article
      Lock icon New Hope sweetens Macarthur offer
      139 7 AUSTRALIAN coal miner New Hope Corp sweetened its takeover offer for Macarthur Coal Ltd by including a cash option of up to A$950 million (S$1.2 billion). In its release to the Australian Stock Exchange, New Hope said that Macarthur shareholders can choose to receive either
      139 words
    • Article
      Lock icon Keeping faith with Hup Soon Global
      735 7  -  HOCK LOCK SIEW By SIOW LI SEN FROM illustrious corporate figure to grease monkey that’s how some would describe Philip Eng. On Monday, Hup Soon Global, a barely traded Catalist firm said that the motor industry veteran would become its executive deputy chairman. Mr
      735 words
    • Article, Illustration
      Lock icon Strong Q1 for CapitaMalls Asia
      414 7  -  Profit rises to $96.8m from $10.3m, helped by higher rental income and The Orchard Residences By UMA SHANKARI CAPITAMALLS Asia (CMA) yesterday reported a net profit of $96.8 million for Q1 2010 up from $10.3 million a year ago as the mall operator saw higher
      414 words
    • Article
      Lock icon Friven gains right to take Hi-5 to China
      416 10  -  By JASLENE PANG HAILING it as a big coup for its brand management platform, lifestyle company Friven Co said yesterday that it is taking the Hi-5 brand to China through a newly acquired exclusive licence. Friven Asia Productions, its 51 per cent
      416 words
    • Article, Illustration
      Lock icon UEL plans Taiwan secondary listing
      529 10  -  Proposed issue size of TDRs will be about 10% of its issued share capital By LYNETTE KHOO UNITED Envirotech Ltd (UEL) is joining the spate of companies heading to the Taiwan Stock Exchange for a secondary listing. The company said yesterday that it is planning
      BLOOMBERG  -  529 words
    • Article, Illustration
      Lock icon Ramba sets initial sights on onshore assets
      780 10  -  E&P aspirant’s first targets: Lemang Block, Jatirarangon By RONNIE LIM RECOGNISING that it can be a risky business, exploration and production (E&P) aspirant Ramba Energy is initially setting its sights on securing lower-risk, onshore assets, which are also less costly to explore and
      FILE PHOTO  -  780 words
    • Article
      Lock icon Singapore banks can now do istisna deals: MAS
      211 10 Reuters [KUALA LUMPUR] Singapore’s central bank has issued rules to allow banks in the city state to enter into istisna, or Islamic project finance transactions. The new guidelines are part of a drive by the Monetary Authority of Singapore (MAS) to encourage
      Reuters  -  211 words
    • Article, Illustration
      Lock icon Market turns positive on shipping counters
      447 13  -  CIMB keeps overweight ratings on dry bulk and container stocks By VINCENT WEE THE stock market is turning upbeat on shipping shares, with CIMB maintaining overweight ratings for the dry bulk and container sectors. “Shipping shares had a mixed week last week, though on
      447 words
    • Article
      Lock icon LME seeks contracts and tie-ups in Asia
      137 13 Reuters THE London Metal Exchange is investigating the potential for new contracts and tie-ups with Asian exchanges, the LME’s managing director for Asia, Liz Milan, said in a note to members obtained by Reuters. The London-based institution opened an office in Singapore this
      Reuters  -  137 words
    • COMPANY BRIEFS
      • Article
        Lock icon VDH hit by absence of one-time gain
        80 13 VAN der Horst Energy Ltd reported that net profit for the nine months ended Feb 28 was $1.10 million, down from $8.06 million a year ago which saw a one-off gain of $6.8 million from the sale of subsidiary GKE Tianjin. Nine-month revenue
        80 words
      • Article
        Lock icon Good response to China Minzhong IPO
        138 13 CHINA Minzhong Food Corporation yesterday said that its initial public offering (IPO) received excellent market response from investors. The placement tranche drew strong interest from institutional investors with participation from global international funds, the company said. The IPO also attracted Prudential Asset Management (Singapore)
        138 words
      • Article
        Lock icon SingTel reappoints MEC as media agency
        52 13 SINGAPORE Telecommunications Ltd has appointed MEC Singapore as its media agency after a review that started in June last year. This is in line with SingTel’s policy to periodically review its key vendors and partners. The incumbent, MEC Singapore, was invited to participate in
        52 words
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      370 words
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      328 6 ATIC ASIA TRADER INVESTOR CONVENTION 2010 24 25 APRIL SUNTEC SINGAPORE -v M 1 e is Register today to unleash your profit potential and trading strategies from our trading masters as they reveal the secrets to their investment success in the current rising market! Trade, Invest, Prosper in Singapore (T.I.P.S)
      328 words
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      211 7 All New 2010 NISSAN Murano Black Label SUV X I WURaimq NOW AVAILABLE IN 2.5L WJ0 IIP ARROGANCE OF LUXURY. LUXURY OF ARROGANCE. Xtronic CVT World's first large displacement engine continuously variable transmission. Features the advanced Adaptive Shift Control logic that recognises up to 700 driving patterns and decides the
      211 words
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      187 8 United Overseas Bank Limited And Its Subsidiaries (Incorporated In The Republic of Singapore) Co. Reg. No. *****0026Z FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2009 IMPORTANT The following financial information contains only a summary of the information in the financial statements of the Bank and the Group for
      187 words
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      1440 9 4|||-UOB United Overseas Bank Limited And Its Subsidiaries (Incorporated In The Republic of Singapore) Co. Reg. No. *****0026Z INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF UNITED OVERSEAS BANK LIMITED We have audited the accompanying financial statements of United Overseas Bank Limited (the "Bank") and its subsidiaries (the "Group") set out
      1,440 words
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      1414 10 MAT-3 NOTICES BUY IT-SELL IT-FIND IT KlS ION WITH VISION SN FASHION VASHION GROUP LTD. (Incorporated in the Republic of Singapore) Registration No. *****6220H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 27 Woodlands Industrial Park El,
      1,414 words
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      1516 11 Far Eastern Bank Limited And Its Subsidiaries (Incorporated In The Republic of Singapore) Co. Reg. No. *****0116D FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2009 IMPORTANT The following financial information contains only a summary of the information in the financial statements of the Bank and the Group for
      1,516 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Strong growth sends STI past 3,000
      546 12  -  Market hits 21-month high as blue chips and bellwether stocks soar, led by the banks STOCKS VEN SREENIVASAN Senior Correspondent IT IS amazing what a strong dose of good news can do to boost optimism and market sentiment. The Straits Times Index (STI) leapt
      546 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 12 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 12 Apr 14 VALUE CLOSE BT OB/OS 727.00 +160.0 BT CADI -*****.00 +195.0 BT 10-day MA -*****.00 +73.00 FTSE ST Mid Cap 739.43 +12.35 FTSE ST Small Cap 603.96 +5.60 FTSE ST All Share 749.30 +11.72 FTSE ST China Top 311.84 +4.53 FTSE ST China 321.10 +2.03 FTSE
      66 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 12 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 14 1 3 0 0 0 14 1 3 Manufacturing 92 60 67 10 7 15 102 67 82 Commerce 29 16 31 7 4 6 36 20 37 Tpt/Stor/Comms 29 4 10
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      122 12 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 31,420 31,420 74,596 74,596 Manufacturing 636,676 42,085 678,761 460,009 1,850 461,859 Commerce 233,615 55,502 289,117 182,218 13,747 195,965 Tpt/Stor/Comms 286,735 2,939 289,674 468,537 489 469,026 Finance 60,407 1 60,408 549,319 549,319 Construction 86,102 75,717 161,819
      122 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Sinomem Technology
        248 12 Technology April 14 close: $0.625 CIMB-GK, April 14 SHARP spike in share price: The recent slew of news flow pertaining to S-chips seeking dual-listing is once again in play. We noted that Sinomem’s share price has risen 9.9 per cent over the past one week, outpacing the other
        248 words
      • Article
        Lock icon Singapore Press Holdings
        352 12 Singapore Holdings April 14 close: $3.97 OCBC INVESTMENT RESEARCH, April 14 SECOND quarter FY2010 results above expectations: Singapore Press Holdings (SPH) delivered a strong set of Q2 FY10 results on Tuesday. The group’s revenue came in at $318.7 million, up 11 per cent year-on-year (y-o-y) due to
        352 words
      • Article
        Lock icon Tiger Airways
        330 12  -  Tiger Airways April 14 close: $1.89 CITI, April 13 Compiled by LYNETTE KHOO REITERATE “buy”: Tiger reported a load factor of 84 per cent for the month of March (versus 86 per cent in January, 85 per cent in February), and 85 per cent for 12 months ending
        330 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 12 Stock name Close Change CapMallsAsia 2.300 +0.010 CapitaLand 4.180 +0.080 CapitaMall 1.830 +0.010 CityDev 11.500 +0.280 ComfortDelGro 1.560 -0.010 DBS Grp 15.500 +0.680 F&N 4.940 +0.130 Genting SP 0.910 +0.005 Golden Agri 0.615 +0.010 HK Land 5.140 +0.060 JMH 35.380 -0.620 JSH 21.000 -0.380 Jardine C&C
      113 words
    • Article, Illustration
      Lock icon Singapore’s revaluation boosts risk appetite
      481 12 CURRENCIES Reuters [NEW YORK] The euro and other currencies regarded as higher risk rose yesterday after Singapore effectively revalued its currency and as upbeat US corporate earnings boosted appetite for risk. The Singapore move was viewed as a mark of confidence in the economic recovery,
      Reuters; BLOOMBERG  -  481 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      52 12 VOLUME Oceanus 78,064,000 Yangzijiang 76,004,000 Cache 72,551,000 Cosco Corp 65,630,000 Golden Agri 60,405,000 NOL 53,248,000 RafflesEdu 49,951,000 TopGlobal 48,359,000 Genting SP 47,065,000 JiutianC 45,592,000 VALUE($) DBS Grp 237,010,060 UOB 142,722,044 NOL 120,631,440 Cosco Corp 118,285,575 Yangzijiang 106,219,340 CapitaLand 93,537,350 OCBC Bk 90,726,210 Cache 71,925,035 Wilmar 70,808,877 SingTel
      52 words
    • Article
      Lock icon RISES
      110 12 BY CENTS CLOSE UP GLD 10US$ ***** 132.3 0.9 OCC 3.93% NCPS10 8750 100.0 1.2 UOB.ES.1004 2080 96.0 4.8 UOB 2088 94.0 4.7 DBS Grp 1550 68.0 4.6 DBXT DJE50 10US$ 4318 49.6 0.8 Great Eastern 1596 40.0 2.6 CityDev 1150 28.0 2.5 HL Asia 494 24.0 5.1 OUE
      110 words
    • Article
      Lock icon FALLS
      129 12 BY CENTS CLOSE DOWN JMH 3538 -85.5 -1.7 Jardine C&C 2920 -66.0 -2.2 DBXT FTChina25 10US$ 3122 -53.8 -1.2 JSH 2100 -52.4 -1.8 DBXT S&P Short 10US$ 4967 -31.7 -0.5 DBS DB ePW*****4 12.5 -21.5 -63.2 OCBC Bk 5.1%NCPS 100 ***** -20.0 -0.2 SIA.ES.1004 1544 -16.0 -1.0 Asia Pac
      129 words
    • Article
      Lock icon CURRENCIES
      87 12 Where S$ stands Apr 14 CHNG YR 2010 CLOSE FR Apr 13 S$ LOW S$ HIGH US$ 1.3777 1.11 1.4219 1.3777@ Euro 1.8792 0.74 2.0153 1.8560 Pounds 2.1244 0.94 2.2831 2.0845 A$ 1.2846 0.31 1.2960 1.2276 Yen* 1.4731 1.69 1.5927 1.4731@ Rupiah* 0.***** 0.91 0.***** 0.***** Baht* 4.2698 0.83
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      341 13 What Occupies 82,000 sqm? Asia's LARGEST International Food Hospitality Trade Event 20-23 April 2010 Singapore Expo iC w^ roRS W""T ->"lf www.foodnhotelasia.com 2 2 FHAeOiu QTT) Pnn PeninsuiH Canary Wharf, London E14 PAN RENINS^ cffl H.-MMWv f. -i«i gg W,. j J r t Ulrf 3 i «>..»» ttim t*..
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  • SINGAPORE NEWS
    • Article
      Lock icon MDA plans 3D television trials in August
      399 14  -  Pilot programme will take place on both cable and terrestrial channels By WINSTON CHAI in Cannes, France LOCAL authorities are literally taking television viewing to the next dimension with plans to embark on cutting-edge three-dimen-sional (3D) TV trials this year. This pilot will
      399 words
    • Article
      Lock icon Nominations for Women in Asia Awards open till June 15
      349 14 RBS Coutts and the Financial Times (FT) are calling for nominations for their Women in Asia Awards, a platform to celebrate the growing contributions of women in the region. The 2010 awards will be held in Singapore, after a successful
      349 words
    • Article, Illustration
      Lock icon Full house expected for YOG opening ceremony: Ser Luck
      617 14  -  By LEE U-WEN EVEN though tickets are priced as high as $200 each, the government is confident of a full house gracing the opening ceremony of the world’s first Youth Olympic Games (YOG) to be held here this August. The 25,000-seat
      617 words
    • Article
      Lock icon Food & Hotel Asia to showcase latest products
      241 14 Food Hotel Asia to showcase latest products EVEN as prices of raw materials continue their upward climb, Singapore’s food manufacturing sector continues to maintain its competitive edge globally. “Better productivity and the adoption of more green practices have contributed significantly to keeping production costs stable, allowing our local manufacturers to
      241 words
    • Article, Illustration
      Lock icon Top space at OUB Centre for restaurant player
      305 14  -  By FELDA CHAY A NEW tenant is set to move into the top floors of OUB Centre at One Raffles Place for 10 years, where it will operate the tower’s viewing gallery and roof-top restaurant. OUB Centre said yesterday that restaurant, cafe
      305 words
    • Article
      Lock icon Civil service must keep improving: Amy Khor
      286 14 STATISTICS might show that public service officers are more actively engaged in their work than before but the civil service must still improve, Amy Khor said yesterday. In her opening address at the 6th Creating Great Places to Work Conference, which is targeted
      286 words
    • Article
      Lock icon Eye research institute aims to be among world’s top 5
      465 15  -  Director says it is positioned as a laboratory for the whole Asian market By NISHA RAMCHANDANI THE Singapore Eye Research Institute (SERI), an arm of the Singapore National Eye Centre (SNEC), aims to be one of the world’s top five
      465 words
    • Article, Illustration
      Lock icon Security scene will grow more complex in next decade: DPM
      273 15  -  By UMA SHANKARI THE security landscape over the next 10 years can only grow more complex and challenging, Deputy Prime Minister and Minister for Home Affairs Wong Kan Seng said yesterday. Speaking at the Internal Security Department’s (ISD) promotion ceremony,
      273 words
    • Article
      Lock icon IDA tweaks rules for telecoms licensees
      215 15 TELECOMMUNICATIONS equipment importers here will soon find it easier and cheaper to do business. The Infocomm Development Authority (IDA) is lifting import controls on all telecoms equipment except that prohibited or deemed to require approval. Previously, importers were required to seek prior approval from
      215 words
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      96 14 IK One quality frame of your choice from 500 designs, complete with Hi-End (3-in-1) progressive lens. U.P.S748 nett One designer frame of your choice from 200 designs, complete with HiIndex single vision lens worth $208. Choose from well over500 imported designer frames or select your preferred choice of Hi-End progressive
      96 words
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      148 14 Selia SETIA BUSINESS PARK HB spsetiabhdcroup FREEHOLD Business Space in Iskandar Malaysia from $70 psf for liBHHi light medium industries seeking to enjoy lower operation costs. Senai yL Airport Highway Strategic Location: 20km to Singapore Tuas Second Link 25km to Senai International Airport 15km to Port ofTanjung Pelepas III KIT
      148 words
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      6 14 www.omy.sg II ■"K.T. ri r j
      6 words
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      2900 15 FHA BOIO ASIAS LAR INTERNATIONAL FOOD HOSPITALITY TRADE EVENT Be at the most anticipated food hospitality trade event in Asia! 82,000sqm of exhibition space 2,800 exhibitors from 70 countries/regions 47 Group Pavilions Strong lineup of competitions, conferences and forums 20-23 April 2010 Singapore Expo b OPENTO VOeVtSTTORS Co-located with: I
      2,900 words
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      503 16/17 MARINA BAY FINANCIAL CENTRE ASIA'S BEST BUSINESS ADDRESS TM THE VISION OF HOW WE WILL WORK, LIVE AND PLAY HAS COME TO FRUITION With the successful Topping Out of Marina Bay Financial Centre's Tower Two on 13 April, we are ready to welcome you to a world where work, live
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  • SINGAPORE INTERNATIONAL
    • Article
      Lock icon Time to do business in Vietnam
      879 18  -  With inflation under control, cheap labour, sizable market and proximity, it presents investment opportunities, reports CHUANG PECK MING CHUANG PECK MING DOUBLE-DIGIT inflation that has been blunting Vietnam’s low-cost competitive edge and scaring away investors is showing signs of receding. At 6.9 per cent
      879 words
    • Article
      Lock icon Mapletree invests in Vietnam’s growth potential
      372 18  -  By CHUANG PECK MING VIETNAM’S booming economy has led to a big demand for factory and office space and that demand was expected to grow even bigger when the country joined the World Trade Organization (WTO) in January last year. With WTO membership, Vietnam
      372 words
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      Lock icon Find out more from the experts
      134 18 COMPANIES interested in finding out more about business opportunities in Vietnam can sign up for IE Singapore’s iadvisory Seminar Series on Vietnam on April 21 to learn from market experts, consultants and fellow companies about what to expect. Interested companies can sign up at
      134 words
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      Lock icon Sembcorp – the pioneer in industrial parks
      603 18  - Sembcorp the pioneer in industrial parks By CHUANG PECK MING SINGAPORE is one of Vietnam’s biggest foreign investors the fifth largest at end-2009 with US$17.3 billion tied up in 792 projects. But Singapore is perhaps better known in Vietnam for the industrial parks its companies have built there. And the
      603 words
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      Lock icon Strong, growing demand for quality industrial space
      263 18  -  By CHUANG PECK MING ASCENDAS first set foot in Vietnam as one of the investors in the Vietnam-Singa-pore Industrial Park I in 1996, built by Sembcorp Industrial Parks. But it was only a decade after in December 2007 that the total business space
      263 words
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      185 18 Seminar Series: Doing Bilateral trade between Singapore and Vietnam has grown steadily over the last ten years with Singapore remaining as Vietnam's 5th largest trading partner in 2009 despite the economic crisis. Join us at the iadvisory Seminar Series: Doing Business in Vietnam to learn about key growth sectors in
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      15 18 Singapore International a fortnightly series brought to you by IE Singapore and The Business Times
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  • ECONOMY WATCH
    • Article
      Lock icon DPJ study urges drastic steps to fight deflation
      545 19  -  Report could influence economic content of ruling party’s manifesto By ANTHONY ROWLEY A GROUP of around 130 members of Japan’s ruling Democratic Party yesterday released a controversial report urging authorities to take much more drastic actions than have been taken so far
      545 words
    • Article
      Lock icon Eurozone industrial output in Feb up more than expected
      415 19 Reuters [BRUSSELS] Industrial output in the eurozone rose much more than expected in February, highlighting the manufacturing sector’s strong role in economic recovery. Industrial production in the 16-country currency bloc increased 0.9 per cent from January, European Union statistics office Eurostat
      Reuters  -  415 words
    • Article, Illustration
      Lock icon Moody’s ups S Korea credit rating on crisis resilience
      466 19 Reuters Bloomberg [SEOUL] Moody’s Investors Service yesterday raised South Korea’s sovereign rating to A1 from A2, citing the country’s resilience to the global financial crisis and brushing aside elevated security concerns on the peninsula. Moody’s became the first of the major
      Reuters; Bloomberg; BLOOMBERG  -  466 words
    • Article
      Lock icon Time to drop rate pledge may be near: Fed official
      389 19 Signs of economic healing but long way to full recovery Reuters [WASHINGTON] A top US Federal Reserve official thinks the time to drop the Fed’s promise to hold rates low for a long time might be drawing nearer. “A couple
      Reuters  -  389 words
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      76 19 autopack PRINT. SCAN. MANAGE Everything you need to print a card! VALUE PACKAGE! VFargo HDP 5000 single side card printer V200 pes pvc cards 1 x YMCK color ribbon HDP film IDesign Lite ID Card software HDP5000 S$4,333* 50 /set (Price include GST) single side card printer 'Promotion valid until
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      1123 19 BEATS NOTICES PT BERLIAN LAJU TANKER Tbk 0 REVISION ON NOTICE OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS AND EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS The Board of Directors of PT BERLIAN LAJU TANKER Tbk, domiciled at Central Jakarta, located in Wisma BSG, 10th Floor, Jl. Abdul Muis No. 40, Jakarta
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  • MALAYSIA
    • Article
      Lock icon MAHB fuels buzz with land development plan
      417 20  -  Analysts call a ‘buy’ as it outlines plans for 1,100 ha of land around airport By PAULINE NG PLANS by Malaysia Airports Holdings Bhd (MAHB) to develop land around Kuala Lumpur International Airport will transform the airport into a multi-func-tional airport city, analysts
      417 words
    • Article
      Lock icon BMW M’sia targets higher sales, market share
      442 20 It launches 2 new models, after winning 40% share of premium segment Bernama [KUALA LUMPUR] BMW Malaysia Sdn Bhd is confident of a better performance in terms of sales and market share this year, compared to 2009, said managing director, Geoffrey Briscoe. He
      Bernama  -  442 words
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      Lock icon Ringgit gains as S’pore boosts GDP forecast
      405 20 Bloomberg [KUALA LUMPUR] Malaysia’s ringgit gained, snapping a two-day slide, after Singapore raised its economic growth forecast and unexpectedly revalued the local dollar. The ringgit strengthened from a one-week low against the US currency as Singapore, Malaysia’s biggest export market, said yesterday the
      Bloomberg; BLOOMBERG  -  405 words
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      74 20 «*P w mm Congratulations to Mi to the continued *pa 8 m mboh EXACTLY R 0 TANB vfcfc** (S M KONGSBERG OFFSHORE OPERATIONS STAY CALM AND IN CONTROL, WHATEVER THE WEATHER 'Otist "KT n m I u'. 'A KONGSBERG Maritime Pte Ltd V 5? .4 Cjrt iW safe? "TJ ■J
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      200 21 Marco Polo Marine Ltd Our heartfelt appreciation to Rig Tenders Offshore Pte Ltd for your support on our successful completion and delivery of one unit 60m 5,380HP Anchor Handling Towing Supply Vessel from our shipyard, PT Marcopolo Shipyard. r* 1 M 1 I sa-r I £1 i !kwm Ij ■5
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China’s yuan policy lets Fed set its interest rates: Geithner
      411 22 More flexible stance likely as yuan peg limits its monetary policy options Bloomberg [WASHINGTON] US Treasury Secretary Timothy Geithner said China is likely to move toward a more flexible currency because its practice of pegging the yuan to the dollar
      Bloomberg; AFP  -  411 words
    • Article, Illustration
      Lock icon Ex-Gome chief scheduled for Beijing hearing
      357 22 This comes ahead of trial for bribery and insider trading Bloomberg [HONG KONG] Billionaire Huang Guangyu, former chairman of Hong Kong-list-ed Gome Electrical Appliances Holdings Ltd, was scheduled for an evidence hearing yesterday ahead of his trial for bribery and insider trading, according to
      Bloomberg; AFP  -  357 words
    • Article
      Lock icon China may post 11.7% Q1 growth: economists
      670 23 Fastest pace in almost three years could lead to rate hike, scrapping of yuan peg Bloomberg [BEIJING] China’s economy may have expanded 11.7 per cent in the first quarter, the fastest pace in almost three years, making officials more likely to raise interest
      Bloomberg  -  670 words
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      2701 22 MATS BUY IT• SELL IT- FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BEST WORLD INTERNATIONAL LIMITED Company Registration No. *****6030Z Incorporated in the Republic of Singapore bestworld NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 1
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      44 22 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY SHOP AND BE SAFE Mustafa Centre ramps up safety measures... and there's more to look forward to Tamil Hero speaks Kannada and eyes Bollywood J A GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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      2515 23 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SINOTEL TECHNOLOGIES LTD. (Company Registration Number *****4275R) HI NO SL (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SINOTEL TECHNOLOGIES LTD. (the "Company") will be held at Kempas Room, Crowne
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      1832 23 Teledata (Incorporated in the Republic of Singapore) (Company Registration No. *****0922M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 31 Ubi Road 1, #02-01 Aztech Building, Singapore *****4 on 30 April 2010 at 9.00 a.m. to transact
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  • INDIA
    • Article, Illustration
      Lock icon Wal-Mart to open 10 more wholesale outlets
      487 24 AFP [NEW DELHI] Giant retailer Wal-Mart will launch more “big box” wholesale outlets in India as it hopes for a government green light that would fully open up the vast retail sector to foreign players. Wal-Mart, the world’s No 1 retailer, opened its
      AFP; REUTERS  -  487 words
    • Article
      Lock icon SBI Capital managing 20 equity issues
      525 24 It sees 1t rupees of such deals this year in India; also eyeing debt, M&A markets Reuters [MUMBAI] SBI Capital Markets, the investment banking unit of the country’s top lender, State Bank of India, has a pipeline of 20 equity issues that it will
      Reuters  -  525 words
    • Article, Illustration
      Lock icon Indian economy forecast to grow 8.4% this year
      613 25 Analysts expect a series of interest rate hikes to counter rising inflation Reuters [MUMBAI] India’s economy is seen growing at a faster pace in 2010-11 than earlier expected, supported by a global recovery, domestic demand and a double-digit expansion in factory output,
      Reuters; AFP  -  613 words
    • Article
      Lock icon Sponge iron units hit by tight supply, high prices
      558 25 Analysts warn of threat to national steel output Reuters [BHUBANESWAR, India] Tight supplies and higher prices are hurting India’s small-scale sponge iron units, which analysts say could threaten the country’s overall steel output in the short term. “Most of the (sponge
      Reuters  -  558 words
  • Page 24 Advertisements
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      3960 24 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg STAR PHARMACEUTICAL LIMITED (Co. Reg. No. *****0429W) (Incorporated in Singapore) ST/X.R NOTICE OF FOURTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of STAR Pharmaceutical Limited ("the Company") will be held at Peach Garden 33 in The Executives' Club,
      3,960 words
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      1511 25 MATS BUY IT SELL IT FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg YHLIYONGNAM YONGNAM HOLDINGS LIMITED Company Registration No.: *****7612N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Yongnam Holdings Limited (the "Company") will be held
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      1052 25 *ia CHINA AUTO ELECTRONICS GROUP LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Sandalwood Room, Level 1, Swissotel Merchant Court Hotel, 20, Merchant Road, Singapore *****1 on 30 April 2010
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      3855 26 BANYAN TREE Banyan Tree Holdings Limited (Incorporated in the Republic of Singapore) (Company Registration No. *****3108H) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of the Company will be held at Ballroom 1 Lower Lobby, The Fullerton Hotel, 1 Fullerton Square, Singapore *****8,
      3,855 words
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      2528 26 MATS BUY IT• SELL IT-F NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SunVic Chemical SUNVIC CHEMICAL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****6502E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Suntec Singapore
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      4877 27 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. Hi) (b) JES INTERNATIONAL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4831K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of JES INTERNATIONAL HOLDINGS LIMITED (the "Company") will be held at Copthorne King's
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      3406 28 cs 1 INVESTMENT CHINASING INVESTMENT HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Chinasing Investment Holdings Limited ("the Company") will be held at RelUnion Level 2, Hotel Re! Pearl's Hill, 175A Chin Swee Road, Singapore
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      3034 28 <4 Swiber SWIBER HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4721N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Swiber Holdings Limited (the "Company") will be held at 12 International Business Park, #03-02 Cyberhub@IBP, Singapore *****0, on Friday, 30
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      2349 29 WAT-3 BUY IT-SELL IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg 51 CD 3= 19 fH® Lizhong Wheel Group LIZHONG WHEEL GROUP LTD. Company Registration Number: *****7196C (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Lizhong Wheel Group Ltd. ("the Company")
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      3150 29 HI 8TELEC0M INTERNATIONAL HOLDINGS CO. LTD. Registration No.: ***** UK A (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Gallery Hotel, 1 Nanson Road, Marley Room, Level 3, Singapore *****9 on Friday, 30 April
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  • FOCUS: MICROFINANCING
    • Article, Illustration
      Lock icon The value of microloans to the poor
      2462 30 A debate is raging over whether such loans actually lift people out of poverty, as their promoters claim NYT [NEW YORK] Iloansling oas thevenlives.Ac N recent years, the idea of giving small loans to poor people became the darling of the development world,
      NYT; BLOOMBERG; FILE PHOTO  -  2,462 words
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  • WORLD
    • Article
      Lock icon JPMorgan Q1 earnings jump 55% to US$3.3b
      436 31 Results buoy Wall St investors looking for signs that financial crisis is fading Reuters [NEW YORK] JPMorgan Chase Co’s profit topped Wall Street expectations in the first three months, as revenue from its investment bank overshadowed losses on consumer loans. The New York-based
      Reuters  -  436 words
    • Article
      Lock icon Consumer prices edge up in March; hourly wages fall
      399 31 LATEST US DATA AP Reuters [WASHINGTON] Consumer prices edged up a modest amount in March with prices outside of food and energy rising at the slowest pace over the past 12 months in six years. But US household budgets remained under
      AP; Reuters  -  399 words
    • Article
      Lock icon Abu Dhabi investment agency picks new MD
      265 31 Bloomberg AFP [ABU DHABI] The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has appointed Sheikh Hamed Zayed al Nahyan as its managing director, succeeding the late Sheikh Ahmed Zayed al Nahyan. Sheikh Ahmed died in Morocco last
      Bloomberg; AFP  -  265 words
    • Article, Illustration
      Lock icon Nuclear summit ends as qualified success
      487 31  -  By CHEW CHEW XIANG US President Barack Obama achieved a qualified success at the close of the Nuclear Security Summit here yesterday, persuading 47 world leaders to back his plan to secure nuclear materials within four years. But observers noted an absence of binding
      BLOOMBERG  -  487 words
    • Article, Illustration
      Lock icon WaMu actions blasted; ex-CEO laments seizure
      469 33 [WASHINGTON] Kerry Killinger, former Washington Mutual chief executive, has charged that US regulators unfairly seized the thrift in September 2008, even as the head of a congressional panel accused the savings and loan company of creating a “mortgage time bomb” in its quest for
      AP  -  469 words
    • Article
      Lock icon Senate Republicans slam US financial reform Bill
      661 33 They say it will only encourage future taxpayer bailout of big banks NYT [WASHINGTON] Drawing the lines for a fierce elec-tion-year battle over regulating the American financial system, Senate Republicans on Tuesday insisted that legislation proposed by Democrats and the White House would
      NYT  -  661 words
    • Article
      Lock icon Some Republicans open to new climate bill
      371 33 Reuters [WASHINGTON] Some prominent Republican senators expressed openness on Tuesday to a US climate change bill that might be introduced next week and that would need bipartisan support to have any chance of advancing. Lamar Alexander, a member of the Republican leadership in
      Reuters  -  371 words
    • Article, Illustration
      Lock icon Risk of Greek ‘death spiral’ remains, says Soros
      792 34 Eurozone rescue package’s borrowing cost too high; could result in insolvency Bloomberg Reuters AP [LONDON] Greece still faces the danger of a “death spiral” because the cost of borrowing in the euro region’s rescue package is too high, billionaire investor George Soros
      Bloomberg; Reuters; AP  -  792 words
    • Article
      Lock icon BRIC summit to tackle thorny issue of Iran
      313 34 AFP [BRASILIA] The BRIC nations of Brazil, Russia, India and China are set to wrestle with international pressure to back sanctions against Iran when they hold the second-ev-er summit in Brazil tomorrow. The diplomatic issue is expected to be raised at the
      AFP  -  313 words
    • Article
      Lock icon US panel says foreclosure plan ineffective
      508 35 Mortgage aid programme leaves many families out AP [WASHINGTON] A watchdog panel overseeing the financial bailouts says the Obama administration’s flagship mortgage aid programme lags well behind the foreclosure crisis and leaves too many families out. The Congressional Oversight Panel says in a report
      AP  -  508 words
    • Article
      Lock icon Senate mulls higher tax for PE executives
      463 35 House proposal expected to raise, in 10 years, US$24.6b Bloomberg [NEW YORK] The US Senate, seeking funds for jobs bills and other initiatives, will consider adopting a House proposal to more than double tax rates on executives at private-equity firms, said Senator Charles
      Bloomberg  -  463 words
    • Article, Illustration
      Lock icon LOOK AT WHAT THE CAT DRAGGED IN
      86 35 [BONN] A cat, part of an installation titled ‘How would you behave? A kitchen-cat talks’ by British artist Liam Gillick, sitting on a cupboard at the Kunst-und Ausstellungshalle der Bundesrepublik Deutschland (Art and Exhibition Hall of the Federal Republic of Germany) here on
      AFP  -  86 words
    • Article
      Lock icon FDIC plans changes in insurance fees for big banks
      289 35 AP [WASHINGTON] The Federal Deposit Insurance Corp (FDIC) on Tuesday proposed changes to the way it determines how much it charges big banks to insure their deposits, with the aim of having large, higher-risk institutions pay bigger premiums. Large financial institutions
      AP  -  289 words
  • Page 31 Advertisements
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      1166 31 NOTICES BUY IT*SELL IT-FIND IT RADIANCE GROUP LIMITED (Incorporated in Singapore) (Co. Reg. No: *****2428H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of RADIANCE GROUP LIMITED (the "Company") will be held at 9 Temasek Boulevard, #32-02A Suntec Tower Two, Singapore *****9 on Friday,
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      1830 31 BEATS NOTICES TOP GLOBAL LIMITED IBEKMF TOP GLOBAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3719Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Orchard Parade Hotel, 1 Tanglin Road, Singapore *****5 on Friday,
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Toyota halts sale of Lexus SUV over safety fears
      439 32 Handling problems could lead to rollover accidents during sharp turns: report [WASHINGTON] Toyota Motor Corp has suspended sales of the 2010 Lexus GX 460 after Consumer Reports warned car shoppers not to buy the sport utility vehicle (SUV) because handling problems
      BLOOMBERG  -  439 words
    • Article
      Lock icon Japanese pension switch hits funds of funds
      596 32 Single-strategy managers in favour as funds of hedge funds trail recovery Bloomberg [TOKYO] Japanese pensions are increasing allocations to individual investment managers at the expense of funds of funds for the first time in five years after Japan’s hedge funds posted the world’s
      Bloomberg  -  596 words
    • Article
      Lock icon Telstra says no deal to sell network to govt
      275 32 Reuters Bloomberg [MELBOURNE] Australia’s dominant telecoms firm Telstra Corp Ltd dismissed a rumour that it had reached an agreement to sell its network to the government for more than A$9 billion (S$11.6 billion). “This rumour is unfounded,” Telstra said, adding that
      Reuters; Bloomberg  -  275 words
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      696 32 A special feature brought to you by IDEM Singapore i®l N fw m M r L 8 IDEM Singapore 2010 offers renewed relevance to Asia's growing dental business The biennial IDEM Singapore 2010 returns for a sixth edition this year, running from today till 18 April at the Suntec International
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      156 33 w W R Y ,&t Tm T "K w V rt* i/i H i •i war B 51^". vwr 1 irf r^i C t,E ««»R S ""W'ttmivtK 4 H f onditions apply 1 ><n At Orchid Country Club, we offer the choice business venue services. At only $190+ per per
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      2372 34 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ANNICA HOLDINGS LIMITED Company Registration Number: *****4025N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Republic of Singapore Yacht Club, Nautica III Level 2,
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      1470 34 w LIMITED KLW HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Registered Office: 19 Senoko Loop, Singapore *****9 Registration No. *****4141 D NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of KLW HOLDINGS LIMITED will be held at 19 Senoko Loop, Singapore *****9 on
      1,470 words
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      2630 35 WATS NOTICES BUY IT-SELL IT-FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg SUNMART HOLDINGS LIMITED (Incorporated in Singapore) (Company Registration No. *****0432W) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sunmart Holdings Limited ("the Company") will be held at Meeting Room 206, Level 2
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  • EDITORIAL & OPINION
    • Article
      Lock icon Stronger ringgit good for Malaysia
      489 36 EDITORIAL MALAYSIA’S ringgit has been Asia’s top-performing currency in the first quarter quite a change from the mid-1990s, when it was one of Asia’s most undervalued currencies. Then came the Asian financial crisis and Malaysians began referring to the local currency as the “shringgit” as
      489 words
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      Lock icon Independent director issue: answer lies in moral values
      792 36  -  THE BOTTOM LINE DAVID MASON The writer, a former partner of Price Waterhouse Singapore, runs his own consulting business in the UK. E-mail boss@mcewenmasons.demon.co.uk ON arrival in Singapore in 1979, I used the same car park as Richard Tarling, on trial for
      792 words
    • Article, Illustration
      Lock icon Time again for firm hand of state in Asia
      1072 36  -  Global financial crisis reinforces view regional economies need direction to achieve goals ANTHONY ROWLEY Tokyo Correspondent ECONOMIC dirigisme is back in fashion in Japan. Only this week, Finance Minister and Deputy Prime Minister Naoto Kan went so far as to admit
      REUTERS  -  1,072 words
    • Article, Illustration
      Lock icon Western hypocrisy rears ugly head
      1017 37  -  It’s ironic that while the Great Crisis was made in America, China is held accountable for the imbalances that linger STEPHEN ROACH The writer is chairman of Morgan Stanley Asia and author of The Next Asia (Wiley 2009) THE China debate is terribly one-sided. The
      AFP  -  1,017 words
    • Article, Illustration
      Lock icon Outlook still dim for a deal on climate change
      1202 37  -  G PANICKER THE climate change agenda has been under a cloud for months. A drumbeat of bad news about skewed science and corruption dampened the mood in the run-up to the Copenhagen conference last year. But repairs are being attempted. A
      AFP  -  1,202 words
    • LETTERS TO THE EDITOR
      • Article
        Lock icon Blacklist all errant directors
        127 37  -  Mak Yuen Teen Associate Professor NUS Business School I REFER to the report “SGX pins up blacklist of errant former directors” (BT, April 14). It is appropriate for SGX to hold directors accountable for breaches of listing rules. However, I notice that all the directors who
        127 words
      • Article
        Lock icon Don’t have same directors on firms’ key committees
        148 37  -  Goh Khee Kuan IT is that time of the year when many companies hold their annual general meetings. Looking through the annual reports of companies, I again find a number of them continuing to have the same directors sitting on both the
        148 words
      • Article
        Lock icon Keep members of MC, sales committee distinct
        239 37  -  Florence Tan AS en bloc sales fever is revived, it is important for the government to take note that, often, members of the management corporation or council (MC) are the same people as those sitting on the sales committee set up for selling
        239 words
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      1688 38 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SITRA HOLDINGS (INTERNATIONAL) LIMITED (Company Registration No. *****1237E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sitra Holdings (International) Limited ("the Company") will be held at 17 Kaki Bukit Place,
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      2015 38 AMARA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****0732N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Amara Ballroom 2, Level 3, Amara Singapore, 165Tanjong Pagar Road, Singapore *****9, on Friday, 30 April 2010,
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      6741 39 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg AP OIL INTERNATIONAL LIMITED Registration No. *****2257M 30 Gul Crescent, Jurong, Singapore *****5 NOTICE IS HEREBY GIVEN that the 2010 Annual General Meeting of the members of the Company will be held at 30 Gul Crescent Jurong Singapore *****5 on 30 April 2010
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      5582 40 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg UMS HOLDINGS LIMITED (Incorporated in Singapore) (Registration No: *****0340R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the shareholders of the Company will be held at 25 Changi North Rise, Singapore *****8 on Friday, 30 April
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  • AVIATION
    • Article, Illustration
      Lock icon Korean Air sales up strongly in Q1 by 14.8%
      473 41 It postpones profit report; sees positive 2010 as global economy rebounds AP [SEOUL] Korean Air, South Korea’s biggest airline, said yesterday that first quarter sales grew strongly on better passenger and cargo business but surprised shareholders by postponing a report on
      AP  -  473 words
    • Article, Illustration
      Lock icon AIG unit sells 53 aircraft to raise US$2b
      603 41 Deal lifts Macquarie to top of second tier of aircraft leasing Reuters [SYDNEY] The aircraft leasing unit of embattled American International Group has agreed to sell 53 passenger jets to Australia’s Macquarie Group to raise a much-needed US$2 billion in cash. International
      Reuters; FILE PHOTO  -  603 words
    • Article
      Lock icon Airbus names new head of Japan operations
      242 41 AFP [TOKYO] European aircraft maker Airbus yesterday named French businessman Stephane Ginoux to head its Japanese operations. The France-based firm, part of European aerospace corporation EADS, said in a statement that Mr Ginoux would succeed American Glen Fukushima as chief executive officer at
      AFP  -  242 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2876 41 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ458 1410 EY473 1950 Adelaide LH9771 1745 LH9770 2350 SQ268 1745 SQ269 2350 9W4081 1820 AF8087 1820 BA7381 1820 JL5084 1820 QF81 1820 Amsterdam LO4031 0605 AZ3993 0025 SQ323 0605 KL836 0025 US5410 0605 KL838 2250 AZ3992
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  • Page 41 Miscellaneous
    • Miscellaneous
      Lock icon Page 41 Miscellaneous Column 1
      334 41 CRYPTIC CROSSWORD Across 4 Vehicle sliding towards marsh has knocked over horse (8) 8 Fine list of items except for a final worthless thing (3,3) 9 Looking very thin, I arrived back and had a meal (8) 10 Put at risk? Calm down! (8) 11 Served on ship sounding vulgar
      334 words
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      1727 42 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 Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W. Malaysia, Indonesia Destination PACIFIC RICH
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      1361 42 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****888 FAX: (03) *****288 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031) *****75 FAX: (031) *****14/*****05 JKT TEL: (021) *****88 FAX: (021) *****88 PLM TEL:
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  • SHIPPING
    • Article, Illustration
      Lock icon PSA’s Kuah Boon Wee quits to join MTQ
      321 43  -  He will take over as CEO from his father as part of succession planning By VINCENT WEE PSA International’s CEO for the Middle East and South Asia, Kuah Boon Wee, has resigned to join oilfield equipment engineering specialist MTQ Corporation as its
      321 words
    • Article
      Lock icon Coal carrier officers charged over damage to Great Barrier Reef
      511 43 AFP [SYDNEY] Australian authorities yesterday arrested and charged the master and officer on watch of the Chinese coal carrier which ran aground on the Great Barrier Reef, damaging the famous marine park. Australian Federal Police swooped on the men who
      AFP  -  511 words
    • Article, Illustration
      Lock icon Drydocks S-E Asia sees flat sales this year
      428 43 Limited bank finance holding back new orders, says CEO Reuters [SINGAPORE] Ship and rig builder Drydocks World is aiming to generate US$800 million worth of sales from South-east Asia this year, steady from 2009, signalling the offshore marine industry remains cautious after
      Reuters; FILE PHOTO  -  428 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 43 SGX '000 Apr 14 S$ +/-Vol CH Offshore 0.68 0.01 360 Chuan Hup Hldgs 0.30 unch 347 Cosco Corp 1.81 0.08 ***** CWT Ltd 1.07 0.03 3287 Ezra Hldgs 2.39 0.05 5912 First Ship Lease 0.64 0.01 1197 Freight Links 0.05 unch 1265 Grand Banks 0.43 -0.03 35
      278 words
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      576 43 SHIPPING TIMES HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF Visit our website at: TBA CONTAINER SERVICE TO JEDDAH, ISTANBUL, MIDDLE EAST, PERSIAN GULF, CIS, MEDITERRANEAN AND NORTHERN EUROPE HDM SERVICE FMX and SMX SERVICE Connecting EMC SERVICE via MALTA VESSEL VOY SIN PKG JEA BND BIK SIN PKG JED
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      352 43 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL SEM JKT SUR BTU CORAL HERO 102 50 80 15/04 17/04 20/04 22/04 GOLD MENAM 101 40 122 15/04 17/04 19/04 20/04 ADMIRE CORAL 29 60 25/04 27/04 29/04 SEPANG EXPRESS
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      437 43 SINOKOR MERCHANT MARINE CO. LTD FMX (W) FMX (E) Vessel Voy SIN BDN JEA KLF STX PATRAIKOS 001W 15/04 23/04 24/04 26/04 HJ GDYNIA 0009W 22/04 30/04 01/05 03/05 HJ KINGSTON 0013W 29/04 07/05 08/05 10/05 HJ DUESSELDORF 0004W 06/05 14/05 15/05 17/05 Vessel Voy SIN TAO KAN PUS SHA
      437 words
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      1722 44 NOBEL DESIGN HOLDINGS LTD Company Registration No. *****4591E (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of NOBEL DESIGN HOLDINGS LTD will be held at 134 Joo Seng Road, 5th Floor Conference Room, Nobel Design House, Singapore *****9
      1,722 words
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      3491 44 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg LMA" LMA International N.V. Better by Design (Company Registration No. *****) (Incorporated with limited liability in the Netherlands Antilles on July 28,1998) NOTICE OF INFORMATION MEETING NOTICE IS HEREBY GIVEN THAT the information meeting of LMA International
      3,491 words
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      2024 45 ik ito Hengyang Petrochemical Logistics Limited HENGYANG PETROCHEMICAL LOGISTICS LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****7923K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at CIMB-GK Investment Centre, 50 Raffles Place #01-01, Singapore Land Tower,
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      3809 45 MATS BUY IT SELL IT-F NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg In the Matter of The Companies Act, Cap. 50 And In the Matter of JURONG DATA CENTRE DEVELOPMENT PTE. LTD. (Company Registration No: *****1540G) NOTICE PURSUANT TO SECTION 291 (4) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE
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      1872 46 MATS BUY IT SELL IT FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Ir PI sto orm Holdings Limited Company Registration Number: ***** (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of PLASTOFORM HOLDINGS LIMITED ("the Company") will
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      3114 46 LINAIR TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****5699D) LINAIR NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Orchid Country Club, 1 Orchid Club Road, Sapphire 1 2, Singapore *****2 on Friday, 30
      3,114 words
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      5391 47 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. flBTERRA Bringing you the earth's resources ABTERRA LTD. (Incorporated in the Republic of Singapore) (Company Registration Number: *****3007C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEBREBY GIVEN that the Twelfth Annual General Meeting of the Company will be held at 7 Temasek Boulevard,
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9202 48 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 4.5 3148 8Telecom 16.5 -0.5 639 17 16.5 16.5 17 1.7 11 5.3 79 10 4 5834 A-Sonic 7.5 -0.5 160
      9,202 words
    • Article
      Lock icon SGX CATALIST
      1808 49 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 t AA Grp 5 5 5.5 27.8 4.8 25 12 8538 t APStrategic 20 +5 2638 20 16 19.5
      1,808 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9334 49 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.27/ APS Alpha Fund (USD)!** 0.91/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.75/ Aberdeen Asset Mgt Asia Limited American Opp 0.681/ Asian Credit Fund 1.2431/ Asian
      9,334 words
    • Article
      Lock icon SGX ETF
      596 49 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 $mil 112 107 6389 ABF SG Bond ETF 112 109 112 511.3 873 527 CIMBAsean40 100US$ US861 872 877 34.4 304 180 DBS STI ETF
      596 words
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      Lock icon CLOB INTERNATIONAL
      259 49 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 $mil 56 26 6000 AVJennings A47.5 46.5 49 3.6 7.4 3.8 123.7 31 9.5 6017 Genting HK US$ US21.5 +0.5 6746 21.5 21 21 21.5
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 50 In local curr In S$ In US$ dy yr dy yr dy yr Apr 13 Index Change Change Change Change Change Change World Index Preliminary 881.0 -0.4 5.8 -0.4 3.8 -0.5 4.7 EAFE Preliminary 825.1 -0.4 5.1 -0.4 1.3 -0.6 2.1 Europe Preliminary 1177.1 -0.3
      365 words
    • Article
      Lock icon INTERBANK RATES
      177 50 Apr 14 $S Offer Bid Overnight 1/16 par 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 1/16 US$ Offer Bid 7 days 0.28 0.24 1 month 0.35 0.25 2 months 0.38 0.28 3 months 0.40 0.30 6 months 0.52 0.42 9 months 0.90 0.70 12
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    • Article
      Lock icon USS/SS FORWARD RATES
      22 50 Apr 14 S$ Bid Offer 1-month 1.3782 1.3796 2-months 1.3782 1.3796 3-months 1.3782 1.3797 6-months 1.3780 1.3797 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      175 50 Apr 14 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 10 407.0 400.0 407.0 170 Jun 10 390.0 390.0 390.0 150 Jul 10 372.0 Aug 10 357.0 Sep 10 353.0 Oct 10 347.0 TSR 20 (US cents/kg) Volume
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    • Article
      Lock icon GOVERNMENT SECURITIES
      88 50 Apr 14 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 15.07.2010 0.35 1-Year BY*****N 01.11.2010 0.36 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.09 104.13 104.12 5-Year N*****0N 1.375 01.10.2014 100.90 101.00 100.95
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    • Article
      Lock icon CHICAGO BOT
      105 50 Apr 13 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 968.00 960.00 972.25 954.25 Jul 10 975.50 968.50 979.50 962.75 Aug 10 971.00 962.25 971.75 957.75 Sep 10 950.00 943.75 952.75 939.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 39.74 39.59 39.89
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 50 CRUDE OIL PRODUCTS Apr 13 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 84.92 -1.46 WTI (Near Mth) 84.03 -0.32 Dubai (1-Mth F) 83.04 -0.79 Tapis blend 87.60 -0.70 Minas 86.80 -0.30 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 81.50 -0.66 Jet Kerosene 94.30 -1.70 US$/barrel Opec Oil
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2515 50 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.5 1 4134 1 15 -3 4.44 49 4085 ASJ Hldgs W*****1 3.5 unch 360 1 4 15 1.86 22 2036 Advance SCT W*****9 0.5 1
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 50 Apr 14 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2740 1.3130 Can dollar 1.3720 1.3880 Euro 1.8710 1.8930 NZ dollar 0.9740 0.9950 Sterling pound 2.1140 2.1390 US dollar 1.3730 1.3890 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      29 50 Apr 14 Open High Sett STI Apr 3001 3001 3003 SIMSCI Apr 350.0 358.8 358.0 Taiwan Apr 285.7 288.8 288.7 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon PALM OIL
      66 50 Apr 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 10 2586 2580 2590 2579 517 1263 May 10 2557 2540 2558 2535 1271 ***** Jun 10 2543 2528 2546 2518 6849 ***** Jul 10 2535 2518
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      356 50 Apr 14 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.6250 0 4129 Sep10 99.4650 0 1036 Dec10 99.1900 0 1126 Mar11 98.8450 0 2688 EUROYEN TIBOR FUTURES Jun10 99.6150 0 4384 Sep10 99.6450 99.6450 99.6400 99.6350 2 3613 Dec10 99.6400 0 1353 Mar11 99.6250 99.6250
      356 words
    • Article
      Lock icon INTERBANK CROSS RATES
      466 50 Apr 14 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.930 6.358 0.683 7.228 41.145 83.942 0.870 10.359 2.984 1.312 78.144 41.459 1.284 6.769 0.982 29.251 30.042 0.604 0.931 Canada 1.075 6.837
      466 words
    • Article
      Lock icon SIBOR
      85 50 Apr 14 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 50 Apr 14 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2834 1.2851 0.9312 0.9316 Canadian dollar 1.3804 1.3818 1.0016 1.0017 Euro 1.8782 1.8804 1.3628 1.3631 NZ dollar 0.9778 0.9799 0.7095 0.7103 Sterling pound 2.1234 2.1262 1.5407 1.5413
      154 words
    • Article
      Lock icon PRECIOUS METALS
      138 50 Apr 14 GOLD (US$/oz) Apr 14 Apr 13 Hong Kong 1158.80 1150.20 Apr 13 Apr 12 London 1145.95 1163.75 1146.75 1164.55 Source: Thomson Reuters CAST BAR Apr 14 (S$) Selling Buying Kilobar 54,804.33 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 123.05 51 5gm 348.82 256 10gm 622.74
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    • Article
      Lock icon LONDON METALS
      71 50 Apr 13 Apr 13 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2403.25 2384.00 3 months 2436.00 2417.00 Copper, Grade A (US$/tonne) Cash 7867.25 7872.50 3 months 7900.00 7905.00 Lead (US$/tonne) Cash 1335.75 2333.00 3 months 2358.00 2358.50 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      77 50 Apr 13 COCOA (£/tonne) Close Prev High/Low May 10 2121 2152 2153/2100 Jul 10 2141 2171 2173/2120 Sep 10 2119 2144 2144/2100 Dec 10 2097 2121 2116/2079 COFFEE (US$/tonne) Close Pev High/Low May 10 1346 1353 1372/1342 Jul 10 1383 1388 1409/1378 Sep 10 1416 1418 1436/1409 SUGAR (US
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  • BizIT
    • Article, Illustration
      Lock icon WatchGuard posts double-digit growth
      747 51  -  It sees healthcare, govt sector as engines of growth here, writes AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY BUSINESS security solutions provider WatchGuard Technologies, is bullish on growth in Singapore and the Asia-Pacific, excluding Japan (APEJ) region, after posting record double-digit growth in the region. WatchGuard’s Terry
      747 words
    • Article, Illustration
      Lock icon Microsoft Kin phones unlikely to land here soon
      353 51  -  Microsoft focusing on launch of Windows Phone 7 platform here By ONG BOON KIAT [SINGAPORE] The two eye-catching new phones from Microsoft the Kin One and its larger sibling Kin Two are unlikely to land in Singapore anytime soon. A Microsoft spokesman
      AP  -  353 words
    • Article
      Lock icon Opera browser accepted for Apple iPhone
      174 51 Reuters [HELSINKI] Apple Inc has accepted distribution of Opera Software’s Internet browser for its iPhone after a long review, opening a new and potentially lucrative market so far closely guarded by Apple. There are numerous versions of Apple’s own browser on App Store, but
      Reuters  -  174 words
    • Article
      Lock icon Intel forecast shows spending rebound gathering steam
      342 51 Bloomberg [SAN FRANCISCO] Intel Corp, the world’s biggest chipmaker, forecast rising sales this quarter and record profit margins for the year, fuelling optimism that a rebound in technology spending is gathering steam. Second-quarter revenue will climb as high as US$10.6 billion, exceeding analysts’
      Bloomberg  -  342 words
    • Article
      Lock icon List of possible Palm suitors grows, led by Asian firms
      670 51 Reuters [SHANGHAI] Palm Inc may be scooped up by an Asian company with enough cash and manufacturing muscle to turn around the struggling smartphone maker, but analysts warn a deal could prove too rich for any buyer at current prices.
      Reuters  -  670 words
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      70 51 Looking for IT Outsourcing? Stone Forest IT (SFIT) is a leading provider of IT Outsourcing Services. Our clients include leading legal firms, SMEs and foreign firms. Our firm's reputation is built on practical advice, proactive client servicing and a proven methodology. We provide businesses with one-stop shop service, from IT
      70 words
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  • PROPERTY
    • Article
      Lock icon Househunt PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 16 WITH CONTRACT DATES BETWEEN MARCH 17 AND MARCH *****Q
      1610 52 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED The Clift Apt 22/03/2010 99 495 890 1798 District 2 NON-LANDED Icon Apt 18/03/2010
      1,610 words
    • Article, Illustration
      Lock icon Starwood sells 2 luxury W Hotels in Manhattan
      558 52 London-based St Giles Hotels is the buyer of both properties Bloomberg [LOS ANGELES] Starwood Hotels Resorts Worldwide Inc agreed to sell two of its W Hotels in Manhattan to St Giles Hotels LLC, reducing the luxury brand’s current New York area locations
      Bloomberg; BLOOMBERG  -  558 words
    • Article
      Lock icon Irish ‘bad bank’ profit plan turning into pipedream
      470 53 Analysts point to waning prospects for property market in Ireland, the UK Reuters [LONDON] The Irish government’s plan to morph its “bad bank” into a moneyspinner is becoming a pipedream as Irish and UK property market prospects wane, placing its 2020 profit
      Reuters  -  470 words
    • Article
      Lock icon JLL appoints 3 int’l directors
      152 53 JONES Lang LaSalle (JLL) yesterday announced the appointment of three international directors for its Singapore office. They are Chris Archibold, head of markets, Singapore; Susheel Koul, head of regional business development for integrated facilities management, Asia-Pacific; and Marina Krishnan, head of integrated facilities management South
      152 words
    • Article
      Lock icon Course in global property marketing
      152 53 THE Singapore Institute of Surveyors and Valuers, and Singapore Accredited Estate Agencies will launch a Global Real Estate Specialist course next month. The course, which will be conducted quarterly, is part of a programme for real estate practitioners who want to make their mark in
      152 words
    • Article
      Lock icon Dubai builder calls off deal with fund
      434 54 AP [DUBAI] Arabtec Holding, the Dubai construction giant that helped build the world’s tallest tower, is backing out of a deal that would have given an Abu Dhabi state-run fund a controlling stake. Arabtec and Aabar Investments each announced they were scrapping the
      AP  -  434 words
    • Article, Illustration
      Lock icon Ayala Land eyes US$300m Reit offering in H2
      482 54 It also expects Q1 net income to be higher than both Q1 and Q4 2009 Reuters [MANILA] Ayala Land Inc plans to list a US$300 million real estate investment trust (Reit) in the second half of 2010, and the top Philippine property
      Reuters; BLOOMBERG  -  482 words
    • Article
      Lock icon Special HLF loan rates for CityDev’s Sentosa project
      271 54 HONG Leong Finance (HLF) is offering buyers of The Residences at W Singapore Sentosa Cove an exclusive financing package, with rates from 0.98 per cent a year. The 228-unit luxury project is being developed by City Developments Ltd (CDL), another Hong Leong
      271 words
    • Article, Illustration
      Lock icon Chinese property market sizzles in March
      997 55 More policies to curb overheating and reduce bubble risks likely: analysts Bloomberg [HONG KONG] China’s property prices rose at a record pace in March, indicating government efforts to stem gains aren’t working and more drastic measures may be needed amid concern of a bubble
      Bloomberg; REUTERS  -  997 words
    • Article
      Lock icon Morgan Stanley said to lose US$5.4b on real estate fund
      256 55 Bloomberg [NEW YORK] Morgan Stanley, which once ran the biggest property investment arm among Wall Street banks, expects to lose US$5.4 billion, or 61 per cent, of its US$8.8 billion global fund from 2007, said a person familiar with the
      Bloomberg  -  256 words
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      Lock icon Page 52 Advertisements Column 1
      292 52 HRare Freehold Ground Floor Retail Units In The Heart Of Siglap For Enbloc or Individual Sale By Expressions of Interest Ground floor retail units at Siglap V (TOP end 2014) Total Floor Area 18,670 sf approx Unit Areas 730 sf to 3,500 sf approx No. of proposed car park lots
      292 words
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      Lock icon Page 53 Advertisements Column 1
      4328 53 MATS <3* NOTICES BUY IT• SELL IT-FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg ZHONGGUO PENGJIE FABRICS LIMITED (Company Registration No. *****1975H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Connection 1,
      4,328 words
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  • Page 54 Advertisements
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      Lock icon Page 54 Advertisements Column 1
      216 54 For Sale ft.. 't wr* Highly Prestigious, World Class Retail Offering Marina Mirage, Main Beach, QLD, Australic Recently repositioned and extensively refurbished retail centre, featuring 102* tenancies over 2 levels with extensive water frontage and carparking via basement and rooftop for 720 cars*. World renowned brand representation including Hermes, Max
      216 words
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      304 54 ST REGIS RESIDENCES FOR SALE IN D10 4Bdrm-3897Sqft "Asking $12 Million PentHouse- 6017Sqft Asking $30 Million |u§ Condo Facilities Near Tanglin Mall TOKIO PROPERTY SERVICES PTE LTD 9670 0285 Toru Takano 6737 5187 Kristy MODERNIST MASTERPIECE IN HOLLAND I i m J Newsman Realty Pte Ltd Stunning Architecture and Setting
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      63 54 ST THOMAS SUITES PENTHOUSE Brand New, T.O.P. Soon! Rare Spacious: 4,672 sq ft 5 bedrooms Family Balcony Panoramic Orchard Skyline 10 mins to Orchard Rudy Tedja 9686 9943 www.rudy.myweb.sg Owners Selling Welcome savills PRIME OFFICE GOOD PRICING RAFFLES CITY TOWER ONE RAFFLES PLACE MORE THAN 200 Buildings Available From 300sqft
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      282 55 COLLECTIVE SALE TENDER CLOSING SOON (20 Apr 2010, 3pm) The Real Estate Planners Teakhwa 9^ Changi Complex Anglican High Sch Bo Tanah Merah MRT oppS- Large freehold site near Tanah Merah MRT No 371 389 Bedok Road Land area: 61,670.2 sf MP 2008 "Residential with Commercial on 1st Storey" Plot
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      193 55 Bossanova Limited SEAFRONT A signature Capitaland Project Units #02-07 and #03-07, Seafront, Meyer Rd. 2,099 Sqft each. Ten minutes drive to CBD. Comparatively (to districts 9 and 10) little traffic in morning. Full spectacular Pool view will see pool like this (except 4th floor). You can talk to your children
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      206 55 HHnH NEW LAUNCH! Starlights District 9 FH fr $1.18m And Former Flamingo Valley FH Development Near Siglap Centre. Register NOW!! Ardmore Park 4rm 2885sqft 2units $10.8m/$9m Botannika 4rm 2497sqft $5.6m tenanted at$10k Oceanfront 4rm 2464sqft $2488psf nett Full Seaview The Grange 4rm 2293sqft $6.5m The Sail 3rm 1625sqft $2900psf Full
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      463 56 oneRaffiespiace liiU T iUilfl IIP" X lis ,J| jl J- v JF n: >?** LB I m ;a ST Gateway to Standing tall in the heart of Singapore's business district, One Raffles Place (former OUB Centre) has been a symbol of the country's growth as a business and financial hub
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  • THE BUSINESS TIMES Boat Asia 2010
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      Lock icon The life aquatic
      687 1 HOWCASING more than 60 breathtaking boats as well as new lifestyle concepts, Boat Asia 2010 looks set to thrill visitors and reinforce its position as the region’s premier leisure boat and waterfront lifestyle event. From today until Sunday, visitors to Boat Asia will be privy to the
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      Lock icon New realities, new solutions
      1772 2  -  Charter operators have to stay nimble to adapt to clients’ changing expectations. VINCENT WEE reports VINCENT WEE THERE are charters, and there are charters. As the industry grows, the market is developing into a sort of bifurcated one with those at the very high end, and
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      893 6  -  Major brokers are pinning their hopes on a good recovery after a year of hibernation. VINCENT WEE susses out the mood at Keppel Bay VINCENT WEE THE first big South-east Asian boat show after the end of the downturn will be a test for
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      1570 8  -  VINCENT WEErecounts the colourful histories of two classic centenarians on display this year VINCENT WEE LIKE old men, old boats always have a story to tell. The two classic boats that will be on display at the Boat Asia show are both centenarians Vega was
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      821 12  -  The UK-based yachtmaker has plans for the region. VINCENT WEE finds out more from its representative VINCENT WEE ASIA is now seen as a coveted pearl for Oyster Marine and this is the reason why, after decades of focusing on the UK and Europe, the
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      710 12  -  By VINCENT WEE FOR many in Singapore, the concept of boating is restricted to the sea, but in most developed countries this is not the case as every water body from lakes, rivers and reservoirs is fully exploited for marine leisure. Of course, the inland and
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      834 14  -  There’s now a wealth of choices in S’pore for folks who seek a waterfront lifestyle. VINCENT WEEreports VINCENT WEE DO BOATS help to sell waterfront properties, or do people who buy waterfront houses naturally have an inclination to go out and buy boats? There’s
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      86 1 INSIDE New realities, new solutions 2-4 Boat sales expected to be buoyant 6 Grand dames of the sea 8-10 Oyster to cultivate Asian market 12 The green boating alternative 12 A home at the water’s edge Coordinator: Vincent Wee Copy-editors: Elaine Koh, Josephine Chew Sub-editor: Leong Sau Ming Cover design:
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      100 3 WWW.BOAT-ASIA.COM OPENING HOURS THU-SAT ADMISSION FEES WEEKDAY WEEKEND Parking may be found at the following locations: Habourfront Centre Keppel Bay Tower Reflections at Keppel Bay Show Gallery carpark Free hospitality Shuttle Bus Service from the following pick-up points: HarbourFont Avenue (opposite Keppel Bay Tower) Reflections at Keppel Bay Show Gallery
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      90 7 1 n# I y 8* wp REY GOOSE )r<V vVk v^ v /VA t m m fe /> r. *>>„■ V--*P V »-*v SW3 m V- i' i". 'Ml Jt. MC I Ml PDKh COGNAC, FRANCE INSPIRED BY THE CENTURIES OLD TRADITIONS OF THE REGION, GREY GOOSE VODKA IS CREATED
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      219 9 Audi f Vorsprung durch Technik quattro The unrivalled a dvantage eal "Whenever you need it. SaS; MS sS <0 T k m BA1091 n' Y -w Ifes ,V" < Celebrate 30 years of traction and control complimentary quattro® worth up to $12,000.* This year, Audi's revolutionary quattro® permanent all-wheel drive
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      159 11 No house will ever meet all expectations. But there is a room that will. w m i LI LJ 'St r. i \®i: si i Uncompromisingly professional. The new Vario cooling 400 series. Official Sponsor of rBOATasia Exhibition Dates: 15- 18 April 2010 The new Vario cooling 400 series is
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      53 15 COMING HOME" 5 h E y? Si gsjM V-r. A. L i <* ■P.rs r a i? —:«ss r**s V '!E V 35*s$£g d^sMals "V; &*U_vi.^' Svs isb HANDWOVEN OUTDOOR FURNITURE CREATED WITH WEATHER-RESISTANT DEDON FIBER www.dedori.de/treehouse XTRA 3 Killiney Road 01-01/02 Winsland House 1 Singapore *****9 Tel: 65 6836
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      355 16 nn SINGAPORE SENTOSA COVE THE RESIDENCES WHATEVER/WHENEVER® (As long as it's legal!) Experience the W lifestyle with Whatever/Whenever® services* Be the talk of the town with invitations to W insider,happenings Enjoy the only integrated marina lifestyle in Sentosa Cove branded W services hotel, dining and shopping, all exclusively at your
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