The Business Times, 24 September 2010
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2010-09-24
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The Business Times
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Title Section23 2010-09-24 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Friday, September 24,201023 words
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Article, Illustration518 2010-09-24 1 KALPANA RASHIWALA - Goldman funds take big loss, sell property to Deka By KALPANA RASHIWALA [SINGAPORE] Chevron House at Raffles Place has been sold for $547 million to a fund managed by Deka Immobilien of Germany, taking the total value of Singapore office investment sales deals so farYEN MENG JIIN - 518 words
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Article137 2010-09-24 1 ST INDEX 3,083.13 (-12.97) ST INDEX FUTURES 3,083 (-13) SIMSCI 362.71 (-0.76) SIMSCI FUTURES 362.40 (-1.80) FOREX US$ S$ US$ (S$ per US$) 1.327 (US$/S$ per 1.566 2.078 EURO (US$/S$/E) 1.337 1.774 Foreign currency per US$ S$ YEN 84.60 63.70 RM 3.093 2.330 HK$ 7.759 5.847 BAHT 30.67137 words
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Article, Illustration625 2010-09-24 1 SIOW LI SEN - Bank to spend $250m in bid to be a leading Asian currency player By SIOW LI SEN [SINGAPORE] DBS Bank will spend $250 million over the next five years to become a leading Asian currency house with an eye on grabbing a chunkYEN MENG JIIN - 625 words
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Advertisement210 2010-09-24 1 FESTIVALS AROUND THE WORLD Colourful celebrations for a deity PAGE 38 OPINION Little evidence of imminent spread of N-proliferation PAGE 29 EXECUTIVE LIFESTYLE Boutique nightspots take on the big boys PAGE 40 Cartier m 2S /S s/ 1 TORTUE DE CARTIER PERPETUAL CALENDAR AND DAYS WITH RETROGRADE HAND 9422 MC210 words
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TOP STORIES
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535 2010-09-24 2 S JAYASANKARAN - They may include KL MRT, bullet train to S’pore, and Klang River clean-up By S JAYASANKARAN MALAYSIA’s Second Finance Minister Ahmad Husni Hanadziah said yesterday the government may table a bigger-than-estimated Budget for 2011 because it wants to kick-start Economic Transformation Programme535 words
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Article, Illustration669 2010-09-24 2 NISHA RAMCHANDANI - By NISHA RAMCHANDANI [SINGAPORE] Formula One’s Lewis Hamilton who emerged the winner at Singapore’s 2009 Grand Prix may be a whizz at navigating a street circuit at night but those skills don’t quite extend to night golf. The 25-year-old Briton, who tried his handARTHUR LEE - 669 words
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508 2010-09-24 2 ANNA TEO - By ANNA TEO [SINGAPORE] While US consumer demand is still languid, its industrial sector has revved up, and will drive America’s growth this year and next, says the chief economist of FedEx. So although the headline GDP figure shows only moderate growth, the508 words
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THREE-MINUTE DIGEST
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71 2010-09-24 2 CHEVRON House at Raffles Place has been sold for $547 million to a fund managed by Deka Immobilien of Germany, taking the total value of Singapore office investment sales deals so far this year to nearly $3 billion. The price for Chevron House works71 words
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63 2010-09-24 2 DBS BANK will spend $250 million over the next five years to become a leading Asian currency house with an eye on grabbing a chunk of the renminbi business. The treasury markets unit will hire 200 people to boost its headcount to 60063 words
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59 2010-09-24 2 MALAYSIA’S Second Finance Minister Ahmad Husni Hanadziah said yesterday the government may table a bigger-than-estimated Budget for 2011 because it wants to kick-start Economic Transformation Programme projects. The Budget is due to be tabled in Parliament by Prime Minister and Finance Minister59 words
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67 2010-09-24 2 THE Commonwealth Games Federation signalled yesterday that New Delhi was succeeding in fixing the problems that have brought the event to the brink of disaster, with fears receding about its cancellation. The development brought a ray of hope to the embattled67 words
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76 2010-09-24 2 WHILE all eyes are on a pivotal re-vote on TT International’s debt-restructuring scheme, the case raises wider issues such as the level of disclosure required of companies and scheme managers. After all, it was the scheme’s alleged “lack of disclosure, fairness and transparency” that76 words
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87 2010-09-24 2 JUST 3,300 to 3,500 new private homes were sold in the third quarter considerably fewer than the 4,033 and 4,380 units sold in Q1 and Q2 respectively as sales hit a snag in September after the government introduced its latest87 words
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73 2010-09-24 2 GROWTH across the eurozone economy slumped to a seven-month low in September, with a leading indicator logging its steepest fall since the early days of the global financial crisis. Markit’s Eurozone Flash Services Purchasing Managers’ Index, made up of surveys of around 2,000 businesses73 words
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Article49 2010-09-24 2 DUE to an editing error in the article “S’pore’s hotel industry picks up” (BT, Sept 23), Singapore Land was stated as owning Pan Pacific Hotel. Pan Pacific Hotel Singapore is managed by Pan Pacific Hotels Group, which is part of UOL Group. We are sorry for the error.49 words
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Article, Illustration610 2010-09-24 4 PM Singh calls crisis meeting; first sports contingents set to arrive today AFP Bloomberg [NEW DELHI] The Commonwealth Games Federation signalled yesterday that New Delhi was succeeding in fixing the problems that have brought the event to the brink of disaster,AFP; Bloomberg; REUTERS - 610 words
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309 2010-09-24 4 SIOW LI SEN - It’ll work with other agencies to prevent asset bubbles By SIOW LI SEN [SINGAPORE] The Monetary Authority of Singapore (MAS) takes a holistic view when it comes to supervision and will work with other agencies to prevent asset bubbles, said a senior official yesterday.309 words
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Article242 2010-09-24 4 JOYCE HOOI - Wrong signatures on 45,000 YOG participant certificates By JOYCE HOOI [SINGAPORE] In what could be called a literal paper loss, the organising committee of the Singapore Youth Olympic Games (YOG) apologised yesterday for printing errors in more than 45,000 of its certificates given to242 words
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Advertisement260 2010-09-24 2 Active Ageing Live Life to the Fullest! Withthemore years we can be expected ot o to live, ti t it becomes even more important that we remain independent caring for ourselvesduringoldage. order doso,weneed be freefromdisabilityanddiseases asmuchaswecan. Many us fear growing old because associatedwithbeing disabled, unwantedandforgotten. Howeverthisneednotbethecase. Chronological age not equal260 words
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Advertisement91 2010-09-24 3 Beaded Baguette Bag FENDI ACQUIRED IN 1999 by Dr June Rin, Anaesthesiologist 1* V. Some relationships are timeless. S.C. Shopping Centre ALFRED DUNHILL BERLUTI BURBERRY CARTIER CELINE CHANEL CHANEL WATCH AND JEWELLERY CHLOE CHOPARD CHRISTIAN DIOR CHRISTIAN LOUBOUTIN FENDI HUGO BOSS JO MALONE KIMROBINSON LA PER LA LOEWE LOUIS VUITTON91 words
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Advertisement61 2010-09-24 4 Editorial: Games fiasco could yield lessons for India, Page 28 WARMEST WISHES AND SINCERE CONGRATULATIONS TO MR GARY ONG on being conferred by His Excellency, the President of Singapore THE PUBLIC SERVICE MEDAL (PBM) MR GARY ONG Managing Director Refine Construction Pte Ltd Director Roselle Mont Clair Furnishing Pte Ltd61 words
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Advertisement371 2010-09-24 5 n a jr f I 9%\ i a if" i m j .1 M J CbLG t i^away \m. ■:.b M z. i m a K i l ft m *1 t A W5«f» I t I "O 0 0 > c aJ a E o o a 3 O371 words
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COMPANY NEWS
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Article, Illustration691 2010-09-24 6 TEH SHI NING - Re-vote today decides if scheme goes to court for final sanction NEWS ANALYSIS By TEH TEH SHI NING WHILE all eyes are on a pivotal re-vote on TT International’s debt-restructuring scheme, the case raises wider issues such as the level of disclosure required ofFILE PHOTO - 691 words
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Article, Illustration312 2010-09-24 6 Commodities group also considering listing its shares Reuters [PARIS] Louis Dreyfus is considering a merger with fellow commodities group Olam International and a listing of certain activities is a possible option to expand the fami-ly-owned company, Les Echos said. The business daily,Reuters; REUTERS - 312 words
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252 2010-09-24 6 Enhanced service a win-win for institutional borrowers and CDP account-holders SINGAPORE Exchange (SGX) is enhancing its securities borrowing and lending (SBL) service to bring additional benefits for investors and SGX Central Depository (CDP) account-holders. The exchange said the enhanced service means more than 80 per252 words
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317 2010-09-24 6 LYNETTE KHOO - By LYNETTE KHOO DIRECTORS and senior management of the 153 S-chips, or Singapore-list-ed Chinese companies, will now be able to learn about corporate governance in their mother tongue and on familiar ground. The Singapore Institute of Directors (SID), with the support of the317 words
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Article, Illustration572 2010-09-24 7 Reuters [BANGKOK] A Thai court ordered the halt of a third-generation mobile licence auction, a move which set the country back another few years in its attempt to adopt high-speed mobile phone services, sending telco stocks sharply lower, included Singa-pore-quoted Total AccessReuters; REUTERS - 572 words
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403 2010-09-24 7 LYNETTE KHOO - Price resulting from book-building seen to fall in the range of NT$10-$12.50 By LYNETTE KHOO CHINA Taisan is expecting to raise proceeds of between $52.5 million and $65.6 million from its proposed secondary listing in Taiwan. The knitted fabric maker estimated403 words
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548 2010-09-24 7 FELDA CHAY - By FELDA CHAY THE Straits Trading Company whose subsidiary Rendezvous Hotels International (RHI) is being sued by Taragon Capital Malaysia Sdn Bhd for RM169 million (S$72.5 million) for alleged repudiatory breach of a lease agreement said that RHI has been advised that548 words
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Article, Illustration304 2010-09-24 10 It gets contract from Vietsovpetro to supply equipment for offshore platforms TECHNICS Oil and Gas Ltd has won a new deal in Vietnam worth an estimated $35 million. The group, a full-service integrator of compression systems and process modules for the global offshoreFILE PHOTO - 304 words
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594 2010-09-24 10 Reuters [LONDON] Commodities have disappointed many investors over the last year but there are still gains to be made by trading spreads across and within commodity markets. VOC Capital Management, a small, specialist commodity-only fund manager based in London’s Mayfair district, sees bigReuters - 594 words
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COMPANY BRIEFS
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43 2010-09-24 10 SINGAPORE Mercantile Exchange (SMX) has signed global commodities trader Glencore as a trading member. SMX, a commodities and foreign exchange futures exchange that was set up last month, is a unit of India's Financial Technologies. Reuters43 words
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Article152 2010-09-24 10 ICAP plc, London’s biggest inter-dealer broker, has appointed former Singapore Exchange CEO Hsieh Fu Hua as a non-executive director. The appointment takes effect on Jan 1 next year. The appointment of Mr Hsieh, currently executive director and president of Temasek Holdings, is subject to152 words
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Article102 2010-09-24 10 ADVENTUS Holdings said that its subsidiary, Adventus NZ, has agreed to buy a coal mine in New Zealand for US$8.60 million. Adventus NZ will buy from Medha International Limited the mining permits, access agreement, resource consents over Crown Land issued by the New Zealand government,102 words
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110 2010-09-24 10 SWISSCO International Ltd said it will be delisted from the Singapore Exchange with effect from 9 am today. Following the delisting, the incumbent chairman of the board, Yeo Chong Lin, and the three independent directors, Phillip Chan Yee Foo, Fong Hin Tat and Kwah110 words
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Advertisement85 2010-09-24 6 NEO BANKSIDE An opportunity to invest in Pavilion C, the signature building at one of the world's most desirable addresses within London's cultural quarter. October 2010 Four Seasons Hotel Singapore For early registration Phase 2 Launch COMING SOON Jli ■1 J itm WWW. TATE ORGAJK H rrn -<ns Sales Representation85 words
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Advertisement234 2010-09-24 7 f <i M 3= A n rn=F=ii ma CD i ALL-MEW J. i=jjzF£rj±sij. Armed with completely modified DNA, the Sportage is primed to tackle roads with ease, Born of a commitment to progression, it is the personification of Kia's mantra The Power to Surprise™, Packed with features in a sleek234 words
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Advertisement37 2010-09-24 7 COOL GIFT WFOR ALL! DESIGNER'S MINI JET FAN (Dia: 6" H: 300 mm) Available in Red, Blue, Orange, Black White. OlPriO Alpha Sales Services Pte Ltd T > +65 6841 0111 SMS > 9646 0130 E > info@AlphaSingapore.com (Export/Distributors wanted!)37 words
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SINGAPORE MARKETS
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Article, Illustration622 2010-09-24 8 R SIVANITHY - ST Index closes 12.9 points down; penny stocks remain in the limelight STOCKS R SIVANITHY Senior Correspondent THE closure of the Hong Kong and China stock markets yesterday made for a subdued session here. Activity not surprisingly focused on low-priced penny stocks, with theSource: Bloomberg - 622 words
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Article66 2010-09-24 8 Sep 23 VALUE CLOSE BT OB/OS 630.00 -52.00 BT CADI -*****.00 +16.00 BT 10-day MA -*****.00 +63.00 FTSE ST Mid Cap 769.63 +2.94 FTSE ST Small Cap 577.19 +1.63 FTSE ST All Share 764.18 -1.93 FTSE ST China Top 286.13 +1.70 FTSE ST China 319.49 +0.09 FTSE66 words
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Article58 2010-09-24 8 VOLUME GMG Global 188,943,000 UMS 88,014,000 Adventus 76,628,000 Genting SP 73,158,000 ChinaNTown 70,308,000 *Genting HK US$ 67,589,000 PLife REIT 64,145,000 ChinaOilFld 59,131,000 Cosco Corp 57,061,000 BerlianLaju 55,909,000 VALUE($) Genting SP 152,096,670 Cosco Corp 104,525,300 PLife REIT 100,247,470 SGX 75,867,320 SingTel 62,870,580 GMG Global 55,065,855 UOB 45,927,260 Wilmar58 words
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Article186 2010-09-24 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 6 4 0 0 0 7 6 4 Manufacturing 67 46 87 4 8 18 71 54 105 Commerce 22 26 21 4 5 3 26 31 24 Tpt/Stor/Comms 16 15 13186 words
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BROKERS’ TAKE
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Article, Illustration332 2010-09-24 8 Sept 23 close: $0.745 DBS Group Research, Sept 23 HIAP Seng currently trades at 6.6 times FY2011 PE, which implies a 28 per cent discount to local peers’ average of 9.2 times, and 50 per cent discount to its global peers’ 13.3 times. We believe this isSource: Bloomberg - 332 words
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Article, Illustration491 2010-09-24 8 JOYCE HOOI - Compiled by JOYCE HOOI Sept 23 close: $0.295 Phillip Securities Research, Sept 23 THE property segment accounted for 80 per cent of Hersing’s revenue in 2009. We expect weakness in this segment following the regulatory curbs announced by the government in August 2010. Nevertheless, the outlook for bothSource: Bloomberg - 491 words
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Article123 2010-09-24 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 39,689 39,689 38,577 38,577 Manufacturing 565,499 24,507 590,006 289,213 2,265 291,478 Commerce 78,814 145,700 224,514 85,621 24,542 110,163 Tpt/Stor/Comms 180,277 38,672 218,949 226,831 6,501 233,332 Finance 22,265 50 22,315 193,351 7 193,357 Construction 79,895 7,562123 words
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Article112 2010-09-24 8 Stock name Close Change Stock name Close Change CapMallsAsia 2.210 -0.010 CapitaLand 4.050 +0.010 CapitaMall 2.060 +0.050 CityDev 11.900 -0.100 ComfortDelGro 1.530 DBS Grp 13.960 +0.140 F&N 6.120 -0.080 Genting SP 2.070 -0.030 Golden Agri 0.575 -0.005 HK Land 6.060 +0.060 JMH 45.320 -1.580 JSH 27.040112 words
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Article, Illustration476 2010-09-24 8 CURRENCIES Reuters [LONDON] The euro retreated from a five-month high versus the dollar yesterday, stung by worry over Ireland’s banking sector and a contraction in the Irish economy that underlined concern over the euro zone periphery. Other data suggesting growth in the euro zoneReuters; BLOOMBERG - 476 words
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Article122 2010-09-24 8 BY CENTS CLOSE UP DBXT AUDMM 5SG$ ***** 456.0 1.9 DBXT MSEurope 10US$ 4248 88.9 1.6 DBXT Nifty 10US$ ***** 54.4 0.3 OCBC Bk 5.1%NCPS 100 ***** 48.0 0.5 DBXT S&P Short 10US$ 5100 41.1 0.6 Asia Pac Brew 1700 30.0 1.8 OCC 5.1% NCPS 100 ***** 22.0 0.2122 words
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Article122 2010-09-24 8 BY CENTS CLOSE DOWN JMH 4532-209.6 -3.4 DBXT MSINDO 10us$ 1342 -54.4 -3.0 DBXT FTVietnam 10US$ 3661 -46.4 -0.9 JSH 2704 -21.2 -0.6 UOB 5.05%NCPS 100 ***** -20.0 -0.2 DBXT MSINDIA 10US$ 1099 -15.9 -1.1 DBXT FTChina25 10US$ 3062 -14.6 -0.4 DBXT MSMSIA 10US$ 1199 -14.6 -0.9 IS MSCI122 words
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Article86 2010-09-24 8 Where S$ stands Sep 23 CHNG YR 2010 CLOSE FR Sep 22 S$ LOW S$ HIGH US$ 1.3278 0.00 1.4219 1.3278 Euro 1.7715 0.09 2.0153 1.6886 Pounds 2.0746 0.30 2.2831 2.0003 A$ 1.2610 0.62 1.2960 1.1515 Yen* 1.5709 -0.12 1.6080 1.4467 Rupiah* 0.***** 0.05 0.*****0.*****@ Baht* 4.3242 0.20 4.361186 words
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Advertisement23 2010-09-24 9 vodafone M1 welcomes and wishes Vodafone McLaren Mercedes a successful Grand Prix™ in Singapore power to you for DWP A* www.m1.com.sg MCLAREN MERCEDES23 words
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Advertisement140 2010-09-24 10 $20,000Overtrade* 1.88%Carloan* GuaranteedCOE* The New 2010 Honda CR-V. Control the roads in style. The 2.0L RVi and the 2.0L RVSi deliver 150ps, and the 2.4L RVSi delivers 170ps A 5-speed automatic transmission gives you a powerful and smooth drive Newly designed 17” and 18” alloy wheels Stylish new front grille140 words
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SINGAPORE NEWS
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230 2010-09-24 11 NANYANG Business School has climbed two spots to 69th on The Economist magazine’s annual ranking of full-time MBA programmes worldwide. NUS Business School’s MBA, too, rose five places from last year’s position to rank 84th. In Asia (which in this case included Australia),230 words
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536 2010-09-24 11 UMA SHANKARI - Number seen falling to as low as 3,300 from above 4,000 in Q1 and Q2 By UMA SHANKARI JUST 3,300 to 3,500 new private homes were sold in the third quarter considerably fewer than the 4,033 and 4,380 units sold536 words
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392 2010-09-24 11 FELDA CHAY - By FELDA CHAY IN what may be a sign that the recent cooling measures have hit home, an executive condominium (EC) site in Punggol drew just four bids at the close of the state tender yesterday. The highest offer for the392 words
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Article, Illustration577 2010-09-24 11 KALPANA RASHIWALA - By KALPANA RASHIWALA THE strong office leasing momentum continues to give a fillip to office rents in the third quarter of this year. The average monthly Grade A office rental value rose 6.5 per cent quarter on quarter to $9 per squareSource: CB Richard Ellis - 577 words
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348 2010-09-24 11 LEE U-WEN - By LEE U-WEN SINGAPORE’s teaching force has expanded 30 per cent over the past 10 years to reach 31,000 teachers today, and more efforts are underway to raise this number even higher to 33,000 by 2015. The extra hands will help348 words
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463 2010-09-24 11 LYNN KAN - By LYNN KAN THE cost of living in Singapore continued to rise in August, the latest figures from the Department of Statistics (DOS) show. And economists see inflation continuing for the rest of this year though they do not expect463 words
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Article, Illustration443 2010-09-24 11 LEE U-WEN - By LEE LEE U-WEN SOUTH-EAST Asian countries need to maintain a high-level engagement with one another to boost coun-ter-terrorism initiatives in the region, said Law Minister K Shanmugam yesterday. These efforts, he added, should not be subject to election cycles and differing priorities, he443 words
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Article289 2010-09-24 11 JOYCE HOOI - By JOYCE JOYCE HOOI AS Michael Schumacher burns rubber in Singapore for the first time in a race this weekend, the folks at Lanxess will be much more circumspect with their own driving. The specialty chemicals firm that makes synthetic rubber used in tyres289 words
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Advertisement12 2010-09-24 11 JERRY LUM ZZm Marketing Director, MBA, CES HP: 8288 0098 View: jerrylum.myweb.sg12 words
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FORMULA ONE
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Article, Illustration1200 2010-09-24 12 NISHA RAMCHANDANI - Companies that align themselves with the sport say that their sponsorship has paid off, reports NISHA RAMCHANDANI NISHA RAMCHANDANI IT’S a race in itself staying ahead in the corporate world, but leveraging on Formula One (F1) one of the most-watched sports series worldwideAP - 1,200 words
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Article, Illustration1019 2010-09-24 12 ZAK BROWN - F1 events have a magnetic pull on corporations seeking to conduct business across continents, writes ZAK BROWN ZAK BROWN The writer is the founder and chief executive officer of Just Marketing International (JMI). JMI and Singapore Exchange (SGX) have assembled a team of experts who willAP - 1,019 words
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Article, Illustration950 2010-09-24 16 STEVE SLATER - Financial horsepower is a must for races to secure a place on the F1 starting grid, writes STEVE SLATER STEVE SLATER The writer is best known as the voice of Formula One motor racing on ESPN Star Sports for more than a decade.REUTERS - 950 words
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Article, Illustration482 2010-09-24 16 SAMUEL EE - By SAMUEL EE THE Mercedes-Benz SLS AMG may be the most powerful F1 safety car ever but for Formula One fans, its gullwing doors rather than its massive engine are likely to be their favourite part of the car. Inspired by the roof-hinged doors on the 1950s Mer-cedes-Benz482 words
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Article, Illustration383 2010-09-24 16 DURING a Formula One race, the safety car enters the circuit “whenever there is an immediate hazard but the conditions do not require the race to be interrupted”. Needless to say, the safety car has to be sufficiently powerful to lead a pack of F1 cars383 words
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Article, Illustration854 2010-09-24 16 RICHARD BRACEWELL - Shell and Ferrari a winning formula F1 commercial relationships are fast and fickle lately. So how does an Italian icon and an Anglo-Dutch multi-national work with shared passion and success for over 60 years? RICHARD BRACEWELL finds out more RICHARD BRACEWELL The writer is the general manager of global sponsorships854 words
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Article, Illustration1209 2010-09-24 17 MELISSA LWEE - MELISSA LWEE draws up a list of F1-themed events put together by trackside bars and restaurants MELISSA LWEE IF jostling with the masses at the race track itself isn’t quite your cup of tea, why not sip a glass of champagne at one of the food and1,209 words
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688 2010-09-24 17 ROB MALCOLM - How Johnnie’s Walking with F1 to great profit ROB MALCOLMrecounts how he became a believer in F1’s ability to be a business accelerator for Diageo in Asia’s huge market The writer is a past president of Diageo for global marketing, sales and innovation. He is one of the speakers at688 words
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Article, Illustration268 2010-09-24 17 ARTHUR LEE - By ARTHUR LEE THREE-time Formula One champion Jackie Stewart says motor racing is safer these days, but drivers are just as tenacious. In his days, an F1 driver had a high probability dying in a crash over a five-year period, he said. Technology has improved a lotARTHUR LEE - 268 words
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Article, Illustration1080 2010-09-24 18 CHRISTOPHER LIM - Steve Aoki, Johnny Hates Jazz rely on both old and new material to woo audiences, reports CHRISTOPHER LIM CHRISTOPHER LIM AS the Singapore GP enters its third season, the novelty of F1 has worn off and the entertainment ecosystem surrounding it now has1,080 words
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Article, Illustration734 2010-09-24 18 PRASAD PADMAN - Motorsports is not only a competition between drivers but also one between engineers designing the vehicles, writes PRASAD PADMAN PRASAD PADMAN The writer is Regional Marketing Director, Asia Pacific, Moog AS Singapore gears up for yet another action packed September with the third year ofREUTERS - 734 words
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Article, Illustration422 2010-09-24 18 SAMUEL EE - By SAMUEL EE FERRARI-branded non-car products earned the Italian supercar maker US$2 billion last year. And up to August this year, the business has grown another 30 per cent. “This number (US$2 billion) is very important because it shows the power of the brand,” Ferrari’s422 words
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Advertisement132 2010-09-24 13 Until the race is won. Until you understand what drives us. Until you see how committed we are to achieving success. Not just once. Until you realise how much a financial services firm can have in common with a sport. Be that an uncompromising attention to detail. A determined focus132 words
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Advertisement130 2010-09-24 14/15 Our apologies to all drivers. With a high-rev V10 5.21 FSI® engine that delivers a top speed of 313km/h and acceleration from 0-100km/h in 4.1 seconds, the Audi R8 Spyder is an unstoppable supercar that challenges every road ahead. Its Vorsprung spirit is matched only by its progressive drivers, who130 words
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Advertisement111 2010-09-24 16 corporateadvisory Ourclien listed ontheSingaporeExchangeMainboard, leading regionalpropertydeveloper leadingdeveloper Indonesiaand engaged thedevelopmen andconstruction commercial,residential andindustrialproperties,townships,hotelsandresorts. haslong-term investments major commercialbuildings, hotels andresorts, and involved property sales, leasing andmanagement its real estate developmen and investments Indonesia, China Singapore and Malays Chief Executive Officer (CEO), Singapore JobDescription This challengin role, with reporting line the Chairman,111 words
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Advertisement173 2010-09-24 17 MATS BUY IT-SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg I, Mansoor Altaf Shukoor, divorce, of The Sail Marina Bay, 2 Marina Boulevard, 41-09, Singapore *****7, intend to marry Yuri Hayama, single of 1126 Shiba, Sakurai-city, Nara Prefecture, 633-0074 Japan at Oomiwa Shrine, 1422 Miwa, Sakurai-city, Nara Prefecture,173 words
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Advertisement90 2010-09-24 17 I, Anthony Zarr, bachelor, 5 Jalan Novena Singapore *****4 intend to marry Rebecca Jane Brown, single at The Chedi Ubud Bali on 08/11/2010. Any person knowing of any lawful impediment to the marriage should without delay notify the Consular Section, British High Commission Singapore, 100 Tanglin Road, Singapore. I, Rebecca90 words
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Advertisement38 2010-09-24 18 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY WIGHT tabla! takes you on a f g tour of popular Indian clubs FORCE INDIA REVS UP FOR SINGAPORE GP GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)38 words
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Advertisement1786 2010-09-24 19 9 ASCOTT RESIDENCE TRUST OPENING OF PREFERENTIAL OFFERING (a unit trust constituted on 19 January 2006 under the laws of the Republic of Singapore) Ascott Residence Trust Management Limited (the "Manager"), as manager of Ascott Residence Trust (Ascott Reit), is issuing new units through a non-renounceable 1 -for-10 Preferential Offering1,786 words
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ECONOMY WATCH
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704 2010-09-24 20/21 Economists see it to slow to a crawl as austerity measures begin to bite AFP Reuters [BRUSSELS] Growth across the eurozone economy slumped to a seven-month low in September, with a leading indicator logging its steepest fall since the early days of the globalAFP; Reuters - 704 words
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Article, Illustration433 2010-09-24 20/21 Reuters [WASHINGTON] US demand for home loans fell for a third straight week last week while prices for single-family homes retreated further in July as the housing market struggles for balance with less government support. Loan applications to buy homes fell 3.3Reuters; AFP - 433 words
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195 2010-09-24 20/21 AFP [WASHINGTON] Completing the stalled Doha round of trade talks is “technically doable” by November 2011, World Trade Organization (WTO) chief Pascal Lamy said on Wednesday. “Celebrating 10 years of negotiations may not be a big occasion for champagne,” Mr Lamy acknowledged, little over aAFP - 195 words
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398 2010-09-24 20/21 Reuters [SURFERS PARADISE, Queensland] Up to a quarter of funds in Australia’s US$21 billion private equity industry could close as investors lose patience with weak returns at underperforming firms, buyout executives say. New fund-raising is also becoming more difficult, with investors turning cautious afterReuters - 398 words
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540 2010-09-24 20/21 Consumer confidence at its highest in 8 years; central bank raises growth forecast Reuters [SAO PAULO] Bank lending in Brazil rose in August at its fastest pace in more than a year and consumer confidence reached its highest level in at least eightReuters - 540 words
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MALAYSIA/INDONESIA
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Article, Illustration605 2010-09-24 20/21 PAULINE NG - Taskforce sees potential in tripling output by 2020 By PAULINE NG By extracting more from “higher yield segments”, Malaysia intends to bank its future tourism growth on better returns rather than visitor arrivals. Rising tourist arrivals have accounted for three-quarters of theAP - 605 words
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Article, Illustration419 2010-09-24 20/21 IPOs to feature port, airport operators, and plantation firms Reuters [JAKARTA] The Indonesian government may offer stakes in 11 state firms through initial public offerings (IPOs) next year, as it seeks to tap strong investor interest in Asia’s second best-performing stockReuters; AFP - 419 words
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Article, Illustration545 2010-09-24 20/21 It says company breached its principles and may face sanctions Reuters [JAKARTA] An industry body for sustainable palm oil has made its first public censure of a member, saying that Indonesia’s PT Smart breached its principles and may face sanctions. It also ticked offReuters; AFP - 545 words
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330 2010-09-24 20/21 Bloomberg [KUALA LUMPUR] Citigroup Inc opened its Malaysian brokerage operations and plans to expand into Vietnam to take advantage of rising inflows of funds. Southeast Asia “has become increasingly important to the global investor base,” Citigroup’s Asia Pacific head of equities Adrian Faure toldBloomberg - 330 words
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Page 20/21 Advertisements
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Advertisement135 2010-09-24 20/21 Introducing the new Volkswagen Passat CC. The 4-door coupe. The sleek new 5-seater Passat CC performs exactly like it looks. Part limousine, part coupe, it represents the best of both worlds. It has the aerodynamic design and performance of a sports coupe, while its spacious interior ensures 5 people can135 words
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GREATER CHINA/INDIA
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Article, Illustration600 2010-09-24 22 Report of embargo may fuel concerns over China’s control of global supply Bloomberg [BEIJING] China denied reports it banned the export of rare earths to Japan in retaliation for the detention of a Chinese fishing boat captain, threatening supplies of aBloomberg; REUTERS - 600 words
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564 2010-09-24 22 China on course for clash with US on exchange rate Bloomberg [NEW YORK] Chinese Premier Wen Jiabao has warned that a 20 per cent rise in the yuan would cause severe job losses and trigger major social instability in his country, putting theBloomberg - 564 words
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Article269 2010-09-24 22 Official sees wholesale inflation slowing to 5.5% by March as monsoon rains lift food output Bloomberg [NEW DELHI] India’s wholesale-price inflation rate is likely to fall to 5.5 per cent by the end of the financial year in March 2011, a top adviser to PrimeBloomberg - 269 words
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Page 22 Advertisements
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Advertisement234 2010-09-24 22 WINE DINE AND HOSPITALITY THE SIGNATURE THREE Pan Pacific Singapore's three signature restaurants launch a new premium 5-coursc tasting menu featuring wagyu beef. At $88++ per person, savour culinary creations from Masterchefs Hiroshi Kagata (Keyaki) LaiTong Ping (HaiTien Lo) and Lucas McMillan (Zambuca). All tasting menus are available for dinner234 words
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Page 23 Advertisements
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Advertisement721 2010-09-24 23 NUS (eao^ BUSINESS SCHOOL 1965 2010 Asia's Global Business School Turns 45 Founded on the same year as Singapore's Independence in 1965, NUS Business School has grown with the nation to become Asia's Global Business School. In 45 years, it has produced a strong pool of international graduates who are721 words
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BANKING ON ASIA
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Article, Illustration1303 2010-09-24 24 From UBS to smaller private banks like Julius Baer, Swiss banks are working to expand in the region NYT [WASHINGTON] FOR centuries, Switzerland has been the sanctuary of choice for wealthy people seeking to hide their fortunes. Now, amid a growing crackdown on Swiss privateNYT; BLOOMBERG - 1,303 words
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Page 24 Advertisements
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Advertisement1212 2010-09-24 24 MATS "Ynr^Q Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES IN THE MATTER OF THE COMPANIES CAP50 AND IN THE MATTER OF MARITIMECOALTRADINGPTE (INMEMBERS’ LUNTAR LIQUID ION) COMPANY REG. NO. *****3920E Extract theMinutes anExtraordinary General Meeting fo f of MARITIME COALTRADINGPTE signed by the Representati the Holding Compan pursuant Section 179(6) fo1,212 words
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Advertisement336 2010-09-24 24 The Business Times HP Innovation Forum £riK>m TECIinOIOGY eBusiness innovnnon* The Business Times HP INNOVATION FORUM Wednesday B October, 2010 9am to 1.30pm Shangri-La Hotel Banyan Room 22 Orange Grove Road, Singapore Free admission Register atwww.asiaone.com/btinnovation Closing date is 30 September 2010. As seats are limited, only successful registrants will336 words
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ASIA-PACIFIC
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Article, Illustration678 2010-09-24 25 Central bank says they are too low, baht gains not hurting economy Reuters [BANGKOK] Thailand’s central bank sent a strong signal yesterday that interest rates would rise next month, saying that they were too low, that gains in the baht were not hurting the economyReuters; AFP - 678 words
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481 2010-09-24 25 Reuters [BANGKOK] The Bank of Thailand (BOT) says it has no plans for special measures to curb foreign inflows into the bond market, which have helped make the baht one of Asia’s bestperforming currencies this year. Central bank governor Tarisa Watanagase alsoReuters - 481 words
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Article, Illustration454 2010-09-24 25 Reuters [CANBERRA] Australian Prime Minister Julia Gillard’s wafer-thin ruling majority became even more fragile yesterday after the conservative opposition backed out of a deal over the prized job of parliamentary Speaker. Ms Gillard’s Labor won a second term with the support of three independents andReuters; AFP - 454 words
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267 2010-09-24 25 Reuters [SYDNEY] The Australian unit of ING Bank will meet Australian investors next week to introduce a new residential mortgage-backed securities (RMBS) programme, a person who has been contacted by a joint lead said yesterday. Macquarie Bank and Westpac Institutional Bank are hosting theReuters - 267 words
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299 2010-09-24 25 AFP [TOKYO] Japan’s Nissan Motor and partner Renault of France will jointly develop a platform for at least 10 models to consolidate suppliers and cut procurement costs, a report said on Wednesday. The two companies, which intend to design the common platform forAFP - 299 words
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Page 25 Advertisements
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Advertisement226 2010-09-24 25 corporat advisory Ourclien listed ontheSingaporeExchangeMainboard,ownsandoperatesone theworld ~ss large integratedpalmoilplantationgroup companieswithwellestablisheddownstreambusiness operations. alsoone theleadingfoodmanufacturers China Ourclien expandingitsdownstreamoperationsand lookingforhighl motivate individual for thefollowingpositions: HEAD OF DOWNSTREAM JobDescription This leadershiprolewithdirectreportingline theGroupChairmanandCEO. Keyindividual accountabilitiesinclude: Provid leadership thedownstreamorganisatio Develop strategy and prioritize business developmen opportunitie for downstream organisatio Manag overal performance businessunitsand Ensuregoodcorporategovernanceandpractic Qualiif i226 words
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WORLD
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906 2010-09-24 26 Stance a turnabout from early this year when they were halting stimulus Bloomberg [WASHINGTON] The world’s major central banks are finding it tough to exit crisis mode, dusting off unconventional stimulus tools shelved earlier this year or prolonging aid as theBloomberg - 906 words
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255 2010-09-24 26 Reuters [BERLIN] It would be political and economic suicide for a eurozone country to leave the bloc but one cannot rule it out if extreme parties gain control in a member state, former German central banker Otmar Issing says. Speaking yesterdayReuters - 255 words
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Article, Illustration387 2010-09-24 26 Reuters [NEW YORK] Greek Prime Minister George Papandreou on Wednesday ruled out additional increases in his nation’s value-added tax, saying that the government would find alternative ways to boost revenues. “There has been of course the possibility of (tax in) some productsReuters; REUTERS - 387 words
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Article, Illustration670 2010-09-24 26 Higher retirement age plan to rein in costs seen as test AP [PARIS] French commuters squeezed onto limited trains or fought for rare parking spots yesterday as a second round of strikes against President Nicolas Sarkozy’s plan to raise the retirement age to 62 hobbledAP - 670 words
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Page 26 Advertisements
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Advertisement461 2010-09-24 26 IN THE MATTER OF THE OMPANIES CT AP50 AND IN THE MATTER OF SOMERSET ANDPTE (Co. eg.No. *****384E) NNOOTICEOFRESOLUTIONFORMEMBERS’ VVOOLLUNTAR WINDING-UP (Pursuant Section290) AAtt tthhee Extraordinar Gener Meeting member heabo -namedCompan duly conenedandheld 68 obinson oad, #30-0 Capital Singapor 0689 on 20September20 hefollowing esolution wweerree dulypassed:RESOLVED 11.. That he abo461 words
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Advertisement380 2010-09-24 26 NI N IN THEMATTEROFTHECOMPANIESACT CAP 50 AND THEMATTEROF SENSOVINOPTE. TD. (formerlyknown WineBarPte.Ltd.) (CompanyRegistrationNo.*****3143Z)(InMember’oluntarLiquidation) NOTICETOCREDITORS NOTICE HEREBY GIVEN that the creditors SENSO VINO PTE. TD.,, which beingvoluntarilywoundup,are requiredon beforethe23October2010 ot o to send theirnamesandaddresses,and the particulars their debts claims and the names and addresses their solicitors any) theundersigned,the Liquidator the said380 words
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Advertisement402 2010-09-24 26 IN THE MATTER OF SECTION290OFTHECOMPANIES (CAP50) AND IN THE MATTER OF TRIOMARINE(INTERNAIONAL) PTE. (Co. eg. ***** 42M) (“theCompany”) NNOOTICEOFSPECIALRESOLUTION FORMEMBERS’ UNTAR WINDING-UP AAtt anExtraordinar Gener Meeting he member he abo -named Compan dulyconenedandheld 302JalanBesar #03-0 302@BesarSingapor *****3on 1177 September20 hefollowingspecial rreesolutions RESOLVED:(1)That tthhee Compan be wwound up vvooluntar pursuant Section290(1)(b)402 words
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AVIATION/SHIPPING
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484 2010-09-24 27 VEN SREENIVASAN - Pool of engineers, technicians needs to expand to support sector’s growth By VEN SREENIVASAN [SINGAPORE] Singapore’s aerospace industry will require about 6,300 employees up to 2015, including 375 engineers, 2,600 technicians and about 700 licensed aircraft engineers and inspectors, a study has found. The484 words
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Article588 2010-09-24 27 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] The local seafarer is facing extinction even as 2010 is being celebrated as the Year of the Seafarer. Scared off by news of piracy in the Gulf of Aden and drawn to onshore jobs that pay three times as much, young workers588 words
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418 2010-09-24 27 LYNN KAN - By LYNN KAN [SINGAPORE] SEVERAL companies and universities here are now mulling over whether LNG can be used in South-east Asia for the heavy oil-us-ing maritime industry. Maritime group BW, engine maker Wartsila, Rolls Royce, National University of Singapore, Nanyang Technological University and418 words
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Article, Illustration382 2010-09-24 27 VEN SREENIVASAN - By VEN SREENIVASAN [SINGAPORE] The Civil Aviation Authority of Singapore (CAAS) has awarded grants to the first two projects under the $100 million Aviation Development Fund (ADF), which was launched in April to promote and develop the aviation sector in Singapore. The firstST FILE PHOTO - 382 words
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Article3083 2010-09-24 27 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ278 1745 AF8088 2230 VS7268 1745 BA7382 2230 JL5083 2230 MU8214 2230 QF82 2230 LH9770 2350 --SQ279 2350 VS7279 2350 Amsterdam SQ323 0605 SQ7366 2315 US5410 0605 LO40323,083 words
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EDITORIAL & OPINION
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500 2010-09-24 28 EDITORIAL THE Commonwealth Games debacle scaled a new peak yesterday when Indian Prime Minister Manmohan Singh called for a crisis meeting of the leading ministers and officials involved in the organisation of the event one of the biggest ever to be hosted by500 words
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Article, Illustration754 2010-09-24 28 FRANK CHING - THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator THE full report of an international investigation into the sinking of a South Korean warship in March under mysterious circumstances should, at long last, set to rest any754 words
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Article, Illustration982 2010-09-24 28 GERARD LYONS - As region switches to domestic-led growth, its economy will become less dependent on US GERARD LYONS The writer is group head of Global Research and chief economist at Standard Chartered Bank ASIA’S economic prospects look good. But it would be wrong to concludeAP - 982 words
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Article, Illustration1239 2010-09-24 29 JEFFREY SEAH - One crucial element drives new, digital ways of media consumption from within the established form the human By JEFFREY SEAH The writer is CEO South East Asia and Chair Asia Digital Leadership Team, Starcom MediaVest Group AS THE global advertising and marketing fraternityAFP - 1,239 words
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Article, Illustration774 2010-09-24 29 WILLIAM POTTER, GAUKHAR MUKHATZHANOVA - By WILLIAM POTTER, GAUKHAR MUKHATZHANOVA William Potter is professor of non-proliferation studies and Gaukhar Mukhatzhanova is an adjunct professor at the Monterey Institute of International Studies, California. They are the editors of ‘Forecasting Nuclear Proliferation in the 21st Century’ IHT JUDGING by theIHT - 774 words
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SINGAPORE STOCKS
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Article9174 2010-09-24 30 Transaction date: Sep 23 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 21 13 3148 8Telecom 20 unch 1022 20 20 19.5 20.5 1.7 9.1 6.4 95.8 12 5 58349,174 words
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Article1747 2010-09-24 31 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 9 4 1181 t AA Grp 4 -0.5 20 4 4 4 5 22.2 3.9 225 130 6222 t APStrategic 166 +61,747 words
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Article9369 2010-09-24 31 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.23/ APS Alpha Fund (USD)!** 0.93/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM9,369 words
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Article833 2010-09-24 31 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 $mil 124 107 6389 ABF SG Bond ETF 123cd -1 41 124 123 116 124 561.5 981 755 CIMBAsean40 100US$ US981 +8 0 981 981833 words
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Article262 2010-09-24 31 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 $mil 56 36.5 6000 AVJennings A50.5 unch 8 50.5 49 49.5 51 3.6 6.9 4 131.5 55 16 6017 Genting HK US$ US50 -1.5 *****262 words
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FINANCE & COMMODITIES
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374 2010-09-24 32 In local curr In S$ In US$ dy yr dy yr dy yr Sep 22 Index Change Change Change Change Change Change World Index Preliminary 830.2 -0.6 -0.3 -0.4 -5.4 0.1 0.2 EAFE Preliminary 765.1 -0.7 -2.5 0.2 -7.3 0.7 -1.9 Europe Preliminary 1118.2 -0.9374 words
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Article177 2010-09-24 32 Sep 23 $S Offer Bid 0vernight 0.05 0.02 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.02 US$ Offer Bid 7 days 0.35 0.35 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.53 0.33 6 months 0.65 0.45 9 months 0.85 0.65 12177 words
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Article22 2010-09-24 32 Sep 23 S$ Bid Offer 1-month 1.3265 1.3277 2-months 1.3265 1.3278 3-months 1.3265 1.3277 6-months 1.3265 1.3278 Source: OCBC22 words
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Article126 2010-09-24 32 Sep 23 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Oct 10 357.0 356.3 356.8 20 Nov 10 357.0 Dec 10 357.0 40 Jan 11 357.0 40 Feb 11 357.0 40 Mar 11 358.0 Apr 11 358.0 May 11126 words
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Article86 2010-09-24 32 Sep 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 23.12.2010 0.30 0.26 0.26 1-Year BY*****W 03.05.2011 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.13 5-Year N*****0N 1.375 01.10.2014 102.82 7-Year N*****0Z86 words
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Article105 2010-09-24 32 Sep 22 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1088.50 1080.00 1092.75 1079.50 Jan 11 1098.50 1090.00 1102.25 1089.50 Mar 11 1106.25 1097.50 1110.00 1097.50 May 11 1108.75 1100.25 1112.00 1100.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 10 42.87 42.42 42.85105 words
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Article77 2010-09-24 32 CRUDE OIL PRODUCTS Sep 22 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 77.60 -1.18 WTI (Near Mth) 72.81 -0.24 Dubai (1-Mth F) 76.15 -0.70 Tapis blend 85.15 -0.10 Minas 78.50 -0.65 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 73.88 -1.06 Jet Kerosene 88.15 -0.65 US$/barrel Opec Oil77 words
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2348 2010-09-24 32 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 2.5 unch 114 1 3 -8 2.40 3 6221 Asia-Pacific Strategic W*****6 39 1 150 14 4.26 44 6227 ASJ Hldgs W*****1 2.5 1 42,348 words
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Article132 2010-09-24 32 Sep 23 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2570 1.2940 Can dollar 1.2810 1.2950 Euro 1.7670 1.7870 NZ dollar 0.9640 0.9850 Sterling pound 2.0640 2.0870 US dollar 1.3190 1.3340 Local dollars to 100 units of foreign132 words
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Article27 2010-09-24 32 Sep 23 Open High Sett STI Sep 3083 SIMSCI Sep 364.3 365.8 362.4 Taiwan Sep 289.9 291.5 290.4 Source: MF Global (S) Pte. Ltd27 words
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Article66 2010-09-24 32 Sep 23 KLCE PALM FUTURES (RM/MT) Delivery Opening Last Av Vol Open Month Range Price Price High Low Done Position Oct 10 2740 2727 2750 2719 463 2815 Nov 10 2709 2680 2709 2670 1562 ***** Dec 10 2695 2671 2699 2662 5381 ***** Jan 11 2698 267666 words
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Article388 2010-09-24 32 Sep 23 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6150 0 8381 Mar11 99.5600 0 2812 Jun11 99.4950 0 1871 Sep11 99.4050 0 936 EUROYEN TIBOR FUTURES Dec10 99.6900 1032 2995 Mar11 99.7075 0 1516 Jun11 99.7225 0 3150 Sep11 99.7200 100 233 Dec11 99.7200388 words
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Article464 2010-09-24 32 Sep 23 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.983 6.389 0.713 7.395 43.459 85.369 0.806 10.973 2.947 1.308 81.891 42.034 1.265 6.717 0.942 30.110 29.225 0.609 0.953 Canada 1.017 6.498464 words
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Article85 2010-09-24 32 Sep 23 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2010-09-24 32 Sep 23 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2639 1.2657 0.9528 0.9533 Canadian dollar 1.2854 1.2872 0.9690 0.9695 Euro 1.7729 1.7747 1.3365 1.3367 NZ dollar 0.9666 0.9680 0.7287 0.7291 Sterling pound 2.0766 2.0790 1.5655 1.5659154 words
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Article141 2010-09-24 32 Sep 23 GOLD (US$/oz) Sep 22 Sep 21 Hong Kong 1289.60 1277.90 Sep 21 Sep 22 London 1275.45 1292.95 1275.90 1293.35 Source: Thomson Reuters CAST BAR Sep 23 (S$) Selling Buying Kilobar 59,065.07 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 132 55 5gm 376 276 10gm 671141 words
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Article71 2010-09-24 32 Sep 22 Sep 22 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2202.75 2142.25 3 months 2235.00 2175.00 Copper, Grade A (US$/tonne) Cash 7837.50 7668.50 3 months 7845.00 7680.00 Lead (US$/tonne) Cash 2194.50 2146.25 3 months 2223.50 2175.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article82 2010-09-24 32 Sep 22 COCOA (£/tonne) Close Prev High/Low Dec 10 1886 1905 1932/1881 Mar 11 1901 1921 1948/1895 May 11 1915 1936 1961/1914 Jul 11 1927 1946 1972/1946 COFFEE (US$/tonne) Close Pev High/Low Sep 10 1686 1660 1705/1705 Nov 10 1696 1669 1720/1669 Jan 11 1721 1696 1744/1697 Mar 1182 words
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Page 33 Advertisements
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Advertisement1490 2010-09-24 33 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 JIN ACE1,490 words
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Advertisement1243 2010-09-24 33 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****588 FAX: (03) *****566 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:1,243 words
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Page 34 Advertisements
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Advertisement1268 2010-09-24 34 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 SML SERVICE VESSEL VOY SIN PKG JEA BND BIK SIN PKG JED DAM MAR GEM IST SIN1,268 words
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Advertisement852 2010-09-24 34 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) MNL SIN PKL MTP JKT SUR GENIUS STAR 49 45 60 27/09 30/09 02/10 POSITIVE STAR 56 100 24/09 28/09 29/09 01/10 PACIFIC LOHAS 28 60 02/10 03/10 COCO GYUN EAL12 40 120 07/10 10/10 JUTHA852 words
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Advertisement807 2010-09-24 34 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO, COCHIN, NHAVA SHEVA, JEBEL ALI ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL VOY SIN PKL (N PORT) CMB (JCT2) NSA (NSICT) CMB(JCT2) BOSPORUS BRIDGE 0013W 20 SEP 21 SEP OMIT 29 SEP 02 OCT WHITE SEA W004 27807 words
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Page 38 Advertisements
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Advertisement228 2010-09-24 38 NOW DEFINING GLOBAL LIVING IN THE PHILIPPINES W, ASCOTT THE RESIDENCE \ww SOMERSET SERVICED RESIDENCE EARLY-BIRD PROMOTION 20% OFF BEST AVAILABLE RATES Planning for your year-end holiday? Enjoy 20% off our Best Available Rates at Ascott and Somerset serviced residences when you book online before 31 October 2010. With four228 words
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Advertisement12 2010-09-24 38 Brought to you by Ascott This series is brought to you by12 words
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Page 39 Miscellaneous
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Miscellaneous317 2010-09-24 39 CRYPTIC CROSSWORD Across 1 Ruddy duck that’s pink (8) 9 During March, say, removed oil from pillar (8) 10 Dozen signs that are heavenly (6) 11 Torch songs? (5,5) 12 Periodic gathering of milk producers perhaps (5-2) 14 Storm meandered to and fro lacking force initially (7) 16 Father starts317 words
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executive lifestyle
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Article, Illustration1408 2010-09-24 40 AUDREY PHOON - Local operators have souped up the nightlife scene with a slew of new boutique-style concepts. But how will they fare against the IR superclubs? AUDREY PHOON reports AUDREY PHOON IF THE disco lights of Singapore’s party scene seemed to have waned a little in the wake of1,408 words
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F1/PURSUITS
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Article, Illustration682 2010-09-24 35 DYLAN TAN - The local concert scene goes into overdrive this race weekend, reports DYLAN TAN DYLAN TAN EVEN without the mega music festival F1 Rocks this year, pop fans are still spoilt for choice this year with a star-studded line-up of international and regional namesBLOOMBERG FILE PHOTO - 682 words
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AROUND TOWN
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Article, Illustration178 2010-09-24 35 The exhibition runs from Sept 28 to Oct 2. For more information, refer to www.stregissingapore.com or call 6506-6866 ST Regis Singapore is offering the public a chance to discover Japan through a five-day festival of Japanese food, sake, art and culture. The event, From the Land178 words
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Article118 2010-09-24 35 THE Necessary Stage, with support from the Council for Third Age, will conduct its eighth Short Term Acting workshop for Seniors. Anyone above 50 is invited to join the workshop to learn about drama performance, rehearsal processes and the administration of theatre companies. Participants will learn118 words
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Article121 2010-09-24 35 NATALIE KOH - Compiled by NATALIE KOH OFFICIAL gift-giving by heads of state, their emissaries and representatives to Singapore presidents is a long-established tradition that represents the cultural and social heritage of the country presenting the gifts and plays an important role in maintaining cordial relations between the two121 words
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Article, Illustration1064 2010-09-24 35 N K YONG - WINE By N K YONG THE question came to my mind while enjoying some Alsace wines during the recent Alsace Festival sponsored by Sopexa and the CIVA whose wine educator and director of marketing, Thierry Fritsch, was here to discuss and present1,064 words
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Article, Illustration652 2010-09-24 35 CHRISTOPHER LIM - Golden Year Inaugural Volume 1: Compositions Jeremy Monteiro Jazznote Rating: A Walking On A Dream Empire Of The Sun EMI Rating: B+ Memoirs Of An Imperfect Angel Mariah Carey Island Rating: B For Your Entertainment Adam Lambert RCA Rating: B- CD652 words
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ARTS
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Article, Illustration961 2010-09-24 36 CLARISSA TAN - Mad men and a woman As the Grand Prix cranks into high gear, experimental and famously off-kilter artists seem to be the (dis) order of the day, writes CLARISSA TAN CLARISSA TAN WELL, it’s F1 season again, with its burning rubber, screeching tyres, racing men, racy women, occasional loose nutsOPERA GALLERY SINGAPORE; ST REGIS SINGAPORE - 961 words
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Article, Illustration626 2010-09-24 36 CHEAH UI-HOON - By CHEAH UI-HOON ART goers who watched their first world-class musical at Kallang Theatre or other performances in the 1980s, would have walked past the 18-metre long mural on the ground floor. They would have done that so often that they might not have626 words
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Article, Illustration428 2010-09-24 36 NATALIE KOH - By NATALIE KOH FROM the Chinese templelike exterior of the Teochew Building, one would think that the interior would be the same, with galleries filled with traditional Chinese artworks. But if you were to step into the building and into the Ngee Ann Exhibition Hall, you428 words
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Article, Illustration616 2010-09-24 36 CLARISSA TAN - By CLARISSA TAN BLACKBIRD is a thoroughly discomfiting experience. During the first quarter of this play by acclaimed Scottish playwright David Harrower, you’d think that this discomfiture comes from the subject two people, who once had sex when he was 40616 words
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Article, Illustration1073 2010-09-24 37 LYNN KAN - The pieces being brought in for this year’s event are looking to break the rules in different ways, reports LYNN KAN LYNN KAN CHANGE is afoot in the world of dance. Genres seem to be defying the rules and defying categorisation. And theKLAUS HANDNER; JEAN PIERRE MAURIN; BEN RUDDICK - 1,073 words
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Article, Illustration514 2010-09-24 37 NATALIE KOH - By NATALIE KOH WHO is Regina? Why is she dead? These were questions that the audience were supposed to find answers to at RE:gina is Dead, performed at The Substation last weekend. RE:gina is Dead was The Substation’s inaugural Performance Open Call and was514 words
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Article, Illustration528 2010-09-24 37 NATALIE KOH - By NATALIE KOH SINCE Riverdance started in 1994, it has travelled across the world, performing for 22 million people at more than 300 venues in 32 countries across four continents, grossing over US$1.6 billion worldwide. The dance captures the evolution of Irish dance,528 words
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Article, Illustration500 2010-09-24 37 NATALIE KOH - By NATALIE KOH one:lab’s debut production When The World Was Green is a small one, with only two actors and a small crew. With a steady script by Sam Shepard and Joseph Chaikin, there is little going against the production. Yet, somehow,500 words
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FESTIVALS AROUND THE WORLD
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Article, Illustration1035 2010-09-24 38 JOO ZHENG CHUAN - India’s Ganesha Chaturthi marks the birthday of Lord Ganesha, the elephant-headed Hindu deity. By JOO ZHENG CHUAN JOO ZHENG CHUAN Joo Zheng Chuan is a freelance writer based in Singapore EVERY year, the streets of Hyderabad, and many other Indian cities, come alive with colourAFP PHOTOS - 1,035 words
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CINEMA/GAMING
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Article, Illustration637 2010-09-24 39 GEOFFREY EU - Money Never Sleeps throws up some good twists but lacks oomph, says GEOFFREY EU GEOFFREY EU GREED is good but payback is better in Wall Street: Money Never Sleeps, which marks the not unwelcome return (minus the suspenders) of Gordon Gekko,637 words
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Article, Illustration610 2010-09-24 39 CHRISTOPHER LIM - By CHRISTOPHER LIM TWO of developer BioWare’s best role-playing games (RPGs) Dragon Age: Origins and Mass Effect 2 have reached their conclusions with downloadable chapters that complete the story arcs while simultaneously setting the stage for sequels. Romance an element woefully neglected in610 words
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Article, Illustration483 2010-09-24 39 DYLAN TAN - By DYLAN TAN WITH John Lennon’s 70th birthday just over a fortnight away, the long-de-layed local release of Nowhere Boy suddenly becomes timely. An understated biopic of one of Liverpool’s favourite sons, first-time director Sam Taylor-Wood has chosen to cover Lennon the boy483 words
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Advertisement8 2010-09-24 40 ARTS Mad men and a woman PAGE 368 words
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