The Business Times, 21 October 2010

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Microfilm: NL30914
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, October 21,2010
    23 words
  • Article
    Lock icon Telcos refuse to fall in line on proposed mega fine
    661 1  -  All of them oppose move to raise penalty ceiling to 10% of yearly sales By WINSTON CHAI [SINGAPORE] Singapore’s bickering telecommunications trio is standing in unison against a set of proposed legislative changes which could see them cough up 10
    661 words
  • Article, Illustration
    Lock icon Secondary home sales shrink under big chill
    921 1  -  Subsales of private homes in Sept down 52%, resales slide 42%, prelim figures show By KALPANA RASHIWALA [SINGAPORE] Secondary market transactions of private homes slowed down considerably in September over the preceding month following the property cooling measures announced on August 30. The
    Source: Credo Real Estate, URA Realis caveats – information extracted on Oct 19, 2010  -  921 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 ST INDEX 3,179.15 (-13.14) ST INDEX FUTURES 3,176 (-16) SIMSCI 375.46 (-1.75) SIMSCI FUTURES 374.60 (-2.80) FOREX US$ S$ US$ (S$ per US$) 1.307 (US$/S$ per 1.574 2.058 EURO (US$/S$/E) 1.381 1.806 Foreign currency per US$ S$ YEN 81.20 62.10 RM 3.120 2.386 HK$ 7.762 5.937 BAHT 29.94
    141 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Asian stocks regain poise after China scare
      827 2  -  Surprise rate hike aimed at property market, won’t hurt businesses: analysts By CONRAD TAN [SINGAPORE] Asian shares and currencies fell at the start of trading yesterday after China surprised markets on Tuesday by raising interest rates for the first time in nearly three
      AP  -  827 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      473 2 Telcos refuse to fall in line on proposed mega fine SINGAPORE’S bickering telecommunications trio is standing in unison against a set of proposed legislative changes which could see them cough out 10 per cent of their yearly sales in fines if they flout their licensing agreements. Currently, telcos
      473 words
    • Article
      Lock icon Wall St wonders at China’s rate hike decision
      715 2  -  Central bank’s move sends many fleeing for safer investments By ANDREW MARKS in New York IT’S no understatement to say that investors in the United States were unnerved and Wall Street was taken by surprise at China’s rate hike announcement. The US
      715 words
    • Article
      Lock icon China’s industrial output rises 16.3%
      155 2 Reuters [BEIJING] China’s industrial output rose 16.3 per cent in the January-September period from a year earlier, the Ministry of Industry and Information Technology said yesterday. China’s factory output is likely to expand over 13 per cent in the whole of 2010, the ministry said
      Reuters  -  155 words
    • Article, Illustration
      Lock icon PM Lee upbeat on Asia, barring global trade war
      588 4  -  S’pore must remain plugged into world, retain pragmatic, visionary govt By CHUANG PECK MING [SINGAPORE] Looking at Asia 30 years ago, seers saw bright prospects. Last night, while doing some crystal gazing of the region, Prime Minister Lee Hsien Loong still
      588 words
    • Article
      Lock icon Temasek seeking US$642m in Hana stake sale
      510 4 20.4m Hana shares offered at 34,*****,550 won each Bloomberg [SINGAPORE] Temasek Holdings is seeking about US$642 million from selling shares in South Korea’s Hana Financial Group Inc after it recently bought a stake in a Brazilian oil firm. About 20.4 million Hana shares
      Bloomberg  -  510 words
    • Article
      Lock icon Leaner times likely for new M’sian toll road operator
      451 4  -  New Plus owners may be looking at lower compensation By S JAYASANKARAN THE special purpose vehicle (SPV) that is seeking to privatise Plus Expressways, Malaysia’s biggest highway toll operator, may have to put up with lower compensation from the government over
      451 words
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      488 2 KPMG Seminar Series SINGAPORE Date Wednesday, 24 November 2010 Free Trade Agreement (FTA) Seminar Unlocking cost savings with FTAs Trade-in-Goods Chapter: Why, What and How? Time 9.00am to 5.00pm Venue Orchard Hotel Singapore If you are a Singapore manufacturer and/or exporter paying customs duties on your exports, have you ever
      488 words
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      234 3 sky i n e orchardboulevard U 1 AN ARTICULATION OF SPACE. A MASTER'S TOUCH. Pritzker Architecture Prize Laureate Fumihiko Maki's vision for Skyline Orchard Boulevard is simple, yet profound. Interior spaces are carefully articulated to awaken your imagination while every exquisite detail is meticulously planned to evoke a sense of
      234 words
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      238 4 The Singapore Indian Chamber of Commerce Industry proudly presents Singapore~s Leading Indianrr2 Entrepreneurs 2010 Main Sponsor Organised By Gold Sponsors Silver Sponsor Knowledge Advisor Media Partner Official Magazine Supporting Partners Promoting Overseas Growth and Trade Official Television Station FINALIST CATEGORY 1 LARGE ENTERPRISE Mr Nikhil Kumar Chief Executive Officer Sunagro
      238 words
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      466 5 MTewin Established 1898 Jermyn Street London \j£kv\ -fvrwv^wb vJJ/r-J The New season is here and we are launching a great new shirt range! It is inspired by the success of the John Francomb ranges and a desire to combine that design flair and slimmer fit with a classic formal business
      466 words
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  • COMPANY NEWS
    • Article
      Lock icon Analysts give NOL the thumbs up
      490 6  -  Stock revalued upwards; dividends expected to be restored By JOYCE HOOI AFTER Neptune Orient Lines (NOL) continued its comeback story with a third-quarter net profit and soaring revenues, analysts responded in kind by upping the group’s target price in reports, practically across the board,
      490 words
    • Article
      Lock icon Global investors’ risk appetites rising: survey
      496 6  -  Funds pour into emerging market equities as Fed’s quantitative easing looms By MICHELLE QUAH INVESTORS’ risk appetites are increasing and they are channelling most of that renewed appetite into global emerging market equities, in anticipation of a second wave of quantitative easing. The BofA
      496 words
    • Article
      Lock icon KepLand’s Q3 profit falls 11% to $70.1m
      387 6  -  By UMA SHANKARI KEPPEL Land (KepLand) yesterday reported an 11 per cent drop in third-quar-ter net profit to $70.1 million on lower revenue from property sales. KepLand, Singapore’s third-largest property group by market capitalisation, posted earnings of $78.5 million for Q3 last year.
      387 words
    • Article
      Lock icon SGX beefs up listings business
      245 6  -  By MICHELLE QUAH THE Singapore Exchange (SGX) has appointed Paulina McGroarty to head its Europe, Middle East and Russia listings business. She will be based in SGX’s London office and will work closely with SGX’s chief representative in London, David Battle, and SGX’s home team
      245 words
    • Article
      Lock icon Sellout by Biosensors founder not as bad as it seems
      663 7  -  HOCK LOCK SIEW By LYNN KAN INVESTORS are skittish when it comes to big changes. And Tuesday marked a big one for shareholders of Biosensors International the stent maker’s founder and chairman Lu Yoh Chie sold his entire 18 per
      663 words
    • Article
      Lock icon PICTET FUNDS
      267 7 Pictet-Absl Rtn Glo Cons-P EUR 15.10.2010 EUR 100,16 Pictet-Absl Rtn Glo Div-P EUR 15.10.2010 EUR 112,32 Pictet-Asian Equities Ex Japan-P USD 15.10.2010 USD 183,63 Pictet-Asian Local Currency Debt-P USD 15.10.2010 USD 141,95 Pictet-Biotech-P USD 15.10.2010 USD 283,01 Pictet-CHF Liquidity-P 15.10.2010 CHF 124,13 Pictet-Clean Energy-P USD 15.10.2010 USD 80,82
      267 words
    • Article
      Lock icon Riding on China’s urbanisation drive
      617 7  -  China New Town, to be quoted in HK tomorrow, says investing in it is akin to buying a ‘golden egg’ By VEN SREENIVASAN WHEN China New Town (CNT) is quoted in Hong Kong tomorrow via its dual listing, investors there will get exposure to a
      617 words
    • Article
      Lock icon PST Q3 profit rises 3% to US$7.2m
      377 9  -  By JOYCE HOOI PACIFIC Shipping Trust’s distribution per unit for the third quarter ended Sept 30, 2010 inched up 1.7 per cent to 0.832 of a US cent, up from 0.818 US cent for the same period a year ago. Distributable income also
      377 words
    • Article
      Lock icon CIT Q3 distributable income dips 3.6%
      319 9  -  By LYNN KAN CAMBRIDGE Industrial Trust (CIT) yesterday reported steady financial results for its third quarter. Distributable income was down 3.6 per cent from a year earlier to $10.81 million. Distribution per unit was 1.187 cents. The dip in distributable income was accompanied by
      319 words
    • Article
      Lock icon BH Global’s TDRs draw strong interest
      297 9  -  By NISHA RAMCHANDANI MARINE and offshore services provider BH Global Marine made a big splash when it started trading its Taiwan Depository Receipts (TDR) on the Taiwan Stock Exchange yesterday. BH Global listed its TDRs at NT$17 but ended trading at NT$18.15, nearly hitting
      297 words
    • COMPANY BRIEFS
      • Article
        Lock icon F&N buying King’s Creameries for $20.8m
        88 9 FRASER and Neave (F&N) is buying King’s Creameries (S) Pte Ltd producer of the King’s brand of ice cream for $20.8 million. It will be funding the purchase from internal sources. King’s Creameries is a wholly owned subsidiary of Lion Nathan National Foods Pty
        88 words
      • Article
        Lock icon Fullerton Fund Mgt CEO leaving company
        79 9 Reuters THE chief executive of Singapore’s Fullerton Fund Management, Gerard Lee, is leaving the company, Fullerton said yesterday. Mr Lee is joining Lion Global Investors, according to a source familiar with the matter, but the Singapore-based money manager declined to confirm the reports. Fullerton,
        Reuters  -  79 words
    • Article
      Lock icon Strong Sing$ eats into CRCT’s Q3 earnings
      286 9  -  Income available for distribution for the period up 3.2% at $13m By EMILYN YAP CAPITARETAIL China Trust (CRCT) posted improved third-quarter earnings yesterday, although the strengthening Singapore dollar took some shine off its results. CRCT’s eight malls in China brought in a gross
      286 words
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      355 6 SID Singapore Institute of Directors SID DIRECTORS CONFERENCE 2010 GETTING IT RIGHT, THE CHALLENGES AND OPPORTUNITIES AHEAD A one-day conference organised by Singapore Institute of Directors (SID) Monday 15 November 2010 from 9.00am 5.30pm Marina Bay Sands, Singapore Guest-of-Honour: Mr. Lim Hng Kiang Minister for Trade Industry and Deputy Chairman,
      355 words
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      Lock icon Page 6 Advertisements Column 2
      221 6 ■«iniM;!!!!!!!! laia, "i"<a«n lProperty.com INTERNATIONAL COLLECTION 23 24 October 2010 10am 8pm Sands Expo Convention Centre This prestigious event is brought to you by iProperty.com Singapore Singapore's Leading Property Website Over 50 Exhibitors Award-Winning Property Developers Over 150 Projects for Your Investment Selection The iProperty.com EXPO International Collection will make
      221 words
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      131 7 1 Two-thirds of the people who have ever reached 65 are alive today. Your first great-grandchild, your second career, your third marathon. Longer lives mean greater possibilities.The chance to explore interests, goals, the world. Time to take advantage of everything that's on offer. At HSBC in Singapore, we draw on
      131 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Stocks weaken in tandem with HK fall
      620 8  -  But broad market in S’pore closes only slightly down after Europe opens marginally lower STOCKS R SIVANITHY Senior Correspondent CHINA’S surprise interest rate rise was said to have underpinned the Straits Times Index’s 13.14-point fall to 3,179.15 yesterday despite the fact that China’s
      Source: Bloomberg  -  620 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 8 Oct 20 VALUE CLOSE BT OB/OS -267.00-142.00 BT CADI -*****.00 -61.00 BT 10-day MA -*****.00 -26.00 FTSE ST Mid Cap 789.07 -1.93 FTSE ST Small Cap 584.41 +0.98 FTSE ST All Share 786.41 -2.77 FTSE ST China Top 293.87 -0.57 FTSE ST China 331.45 -0.50 FTSE ST
      65 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 8 VOLUME Genting SP 223,828,000 GLP 107,607,000 BerlianLaju 97,033,000 *Genting HK US$ 93,776,000 Transcu Grp 51,041,000 EuNetworks 46,021,000 NOL 45,092,000 Golden Agri 43,167,000 ChinaNTown 42,844,000 Yamada 42,804,000 VALUE($) Genting SP 492,524,920 GLP 244,155,910 NOL 96,022,790 DBS Grp 95,974,800 Keppel Corp 71,127,036 *Genting HK US$ 55,717,071 Noble Grp 52,205,715
      57 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 7 4 0 0 0 6 7 4 Manufacturing 46 67 73 7 6 12 53 73 85 Commerce 21 20 30 2 3 6 23 23 36 Tpt/Stor/Comms 13 20 11
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon Neptune Orient Lines
        582 8 Oct 20 close: S$2.13 DBS Group Research, Oct 20 DRIVEN by high freight rate levels, Neptune Orient Lines (NOL) posted net profit of US$283 million in Q3 2010, and we would have to go all the way back to Q4 2004 to find a better quarter. While
        582 words
      • Article
        Lock icon OSIM International
        444 8  -  Oct 20 close: S$1.09 DMG Partners Securities, Oct 20 Compiled by CONRAD TAN OSIM reported Q3 2010 net profit of S$13.0 million (up 85.5 per cent y-o-y, and 7.6 per cent q-o-q) on the back of S$116.7 million in revenue (down 4.8 per cent y-o-y, and 10.7 per
        444 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,065 21,065 91,374 91,374 Manufacturing 337,271 34,396 371,667 276,209 2,133 278,342 Commerce 98,432 13,792 112,224 126,400 2,986 129,386 Tpt/Stor/Comms 220,661 761 221,422 260,065 110 260,176 Finance 24,497 118 24,615 232,475 15 232,490 Construction 59,090 6,721
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 8 Stock name Close Change CapMallsAsia 2.170 +0.020 CapitaLand 4.030 -0.030 CapitaMall 2.010 -0.020 CityDev 13.240 -0.080 ComfortDelGro 1.490 -0.010 DBS Grp 14.480 -0.240 F&N 6.240 -0.080 Genting SP 2.260 +0.110 Golden Agri 0.670 -0.015 HK Land 6.700 -0.060 JMH 45.360 +0.340 JSH 26.200 -0.300 Jardine C&C
      113 words
    • Article, Illustration
      Lock icon $ takes breather after surging on China rates
      471 8 takes breather after surging on China rates CURRENCIES Reuters [NEW YORK] Investors resumed selling the dollar against most currencies yesterday, shaking off the prior session’s Chinese interest rate hike and rediscovering an appetite for high-er-yielding assets. Currencies hit hardest by China’s rate hike, which sparked fear of slower Chinese and
      Reuters; BLOOMBERG  -  471 words
    • Article
      Lock icon RISES
      108 8 BY CENTS CLOSE UP DBXT S&P Short 10US$ 4911 52.3 0.8 JMH 4536 44.4 0.8 DBXT MSTaiwan 10US$ 1715 26.1 1.2 GentingSMBLeCW*****2 129 24.0 22.9 OCBC Bk 4.5%NCPS 100 ***** 20.0 0.2 GentingSMBLeCW*****2 70 14.5 26.1 SGX MBL eCW*****2 52 14.0 36.8 Genting SP 226 11.0 5.1 Genting SP.ES.1010
      108 words
    • Article
      Lock icon FALLS
      123 8 BY CENTS CLOSE DOWN GLD 10US$ *****-279.7 -1.6 DBXT iBoxxKR 5US$ *****-266.6 -1.6 DBXT Nifty 10US$ *****-154.2 -0.8 DBXT FTVietnam 10US$ 3600-149.0 -3.1 OCC 3.93% NCPS10 9480 -58.0 -0.6 DBXT MSAsExJp 10US$ 3199 -57.5 -1.4 DBXT FTChina25 10US$ 3307 -47.0 -1.1 Lyxor LatinAmerica 1 902 -41.8 -3.4 JSH 2620
      123 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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      Lock icon Page 9 Advertisements Column 1
      259 9 1 My Happiness, My Family, My Legacy, MyLife. My life is filled with happiness. As a retiree I am doing things that I love and, as a grandfather, I am spending more time with the people I love. My family means everything to me and I want to make sure
      259 words
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  • SINGAPORE NEWS
    • Article
      Lock icon NRF hopes new research centres will bear fruit
      383 10  -  They will carry out research into energy efficiency and water management RESEARCH DEVELOPMENT By NISHA RAMCHANDANI TWO new research centres will be set up here as part of the National Research Foundation’s (NRF) Campus for Research Excellence And Technological Enterprise (CREATE) programme,
      383 words
    • Article
      Lock icon Private sector should fund science
      634 10  -  By CHEN HUIFEN SCIENCE is not a public good, and should be funded by the private sector so that it will be subject to greater competition, according to an academic from a British university. Speaking at a public talk organised by the Economic Society of
      634 words
    • Article
      Lock icon Security industry gets a boost from WDA
      350 10  -  By TEH SHI NING THE Workforce Development Agency (WDA) yesterday held its first Security Management Conference and launched two training courses in a bid to professionalise the security industry. At least $2 million has been set aside to co-fund training for a target
      350 words
    • Article, Illustration
      Lock icon Marine Point put up for sale with $110m price tag
      390 10  -  By UMA SHANKARI MARINE Point, a freehold residential development at Marine Parade Road, is up for collective sale with a $110 million price tag. The indicative price for the 18-storey block works out to $1,116 per square foot per plot
      390 words
    • Article
      Lock icon COE premium for big cars rises, dips for small vehicles
      319 10  -  By SAMUEL EE THE COE premium for big cars surged in yesterday’s bidding exercise for certificates of entitlement, even as the premium for small cars slipped slightly. Category A, for cars below 1,600cc, eased $717 to $32,415, while Cat B,
      319 words
    • Article
      Lock icon A passion for cycling
      702 10  -  Or why one keen rider decided to relocate from Zurich to Singapore By DAVID MCQUILLEN The writer is head, Group Customer Experience, OCBC Bank I HAVE a strange love affair with cycling, one that mixes fitness, adventure, professional sport, and a healthy dose of suffering. Still,
      702 words
    • Article
      Lock icon Moderate haze level seen over next 3 days
      210 10 The National Environment Agency (NEA) said that moderate haze would likely continue in Singapore for the next three days, Channelnews Asia reported. It added that hotspot activities in Sumatra were expected to persist or escalate. Satellite pictures yesterday showed 146 hotspots in
      210 words
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      75 10 Luxurious retro furnishings, extravagant decor of the old Shanghai instantly transports you back to the old Shanghai British colonial era. The classic soothing tunes of Bai Guang, Zhou Xuan and other singers alike, angelic voices paired with the harmonious tunes of the crystal piano, is sure to tickle your every
      75 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon China rate hike may complicate yuan policy
      521 11 Beijing raises 1-year lending and deposit rates by 25 basis points each AFP [BEIJING] China’s first rate hike since 2007 has laid bare official fears over surging prices but could also complicate Beijing’s controversial efforts to keep a lid on its currency, analysts
      AFP; REUTERS  -  521 words
    • Article
      Lock icon Thailand holds off raising benchmark rate
      332 11 One-day bond repurchase rate, upped in July and August, stays at 1.75% Bloomberg [BANGKOK] Thailand refrained from a third straight increase in its benchmark interest rate as Asia’s policymakers seek to stem currency gains and shield their economies from a slowdown in global growth
      Bloomberg  -  332 words
    • Article
      Lock icon Japan hopes G-20 will agree to stabilise currency markets
      467 11  -  ANTHONY ROWLEY By JAPAN is hoping that finance ministers from the Group of 20 (G-20) advanced and emerging economies will come up with a framework for stabilising turbulent global currency markets when they begin a two-day meeting in Seoul tomorrow as
      467 words
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      160 11 "The Jaguar Performance Drivirfg What are you waiting forg^-— Course beckons, r je r, > j. a << §88? <<< m 46 £8 >s< 4 V mum m wooommmmxmmmnnnimu The XK and XFR are extraordinary cars with breathtaking supercharged power of up to 51 Ops and exceptional handling. They are
      160 words
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      51 12 Principal Features Main dimensions: Destination: Ras Tanura, Saudi Arabia Hull length Hull width Hull depth Legs length 110.60m 42.50m 9.00m Design: Gusto MSC Accommodation: 119 persons Area of operation: Arabian Gulf with water depths between 5m to 60m Classification: American Bureau of Shipping (ABS) 95.30m ARB-3, a self-elevating heavy-lift jack-up
      51 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon BAT says curbs on packet size hurt Q3 results
      195 13 Reuters [KUALA LUMPUR] Malaysia’s British American Tobacco said government regulations banning small cigarette packs hurt its bottomline for its third quarter ended Sept 30. The company reported that its net profit for Q3 was up 2.4 per cent to RM166.7 million
      Reuters  -  195 words
    • Article
      Lock icon Haze from Indonesia closes Muar schools
      321 13 AFP Bernama [KUALA LUMPUR] Haze caused by fires in Indonesia has drifted over Malaysia’s west coast, sending air pollution to dangerous levels in one town where schools were reportedly forced to shut yesterday. In Muar, a coastal town on the narrow strait which separates
      AFP; Bernama  -  321 words
    • Article
      Lock icon Indonesia considering tax incentives for Islamic finance
      436 13 Move follows latest plan by M’sia to cut taxes on Syariah-compliant transactions Bloomberg [JAKARTA] Indonesia, the world’s most populous Muslim nation, is studying ways to make tax laws more conducive to developing Islamic finance, Mulya Siregar, director of Syariah banking at the central
      Bloomberg  -  436 words
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      Lock icon Page 13 Advertisements Column 1
      23 13 http://www.omy.sg Q My Pregnancy Journal http://blog.omy.sg/oureverydaythings meriinS 4H^ L ~_l I o v N n 0 V L-S 3* J*® 3 K http://blog.omy.sg/blogclub/
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      Lock icon Page 13 Advertisements Column 2
      169 13 Until Yo Yo Ma brings people together through the beauty and power of music, he will not rest. Nor will his fellow musicians. W *4 t Until we perform in perfect harmony. Until I understand exactly what drives my client. His goals. His ambitions. His entrepreneurial energy. Until he knows
      169 words
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  • GREATER CHINA
    • Article
      Lock icon CIC sets up its first overseas office in HK
      272 14 AFP [HONG KONG] China Investment Corp, Beijing’s main sovereign wealth fund, has set up its first overseas office in Hong Kong as it moves to expand operations and secure its status as a global group. “Given its proximity to mainland China
      AFP  -  272 words
    • Article, Illustration
      Lock icon China banks pay less for yuan debt in HK
      433 14 Average yield is 1.77% compared to 2.6% back home Bloomberg [HONG KONG] Banks are paying about 30 per cent less interest on yuan-de-nominated debt sold in Hong Kong than they pay in Shanghai as faster currency appreciation fuels overseas demand for
      Bloomberg  -  433 words
    • Article
      Lock icon China braces itself for lashing from Typhoon Megi
      269 14 AFP [BEIJING] Chinese authorities yesterday ordered fishermen back to shore and halted rail services as Typhoon Megi, the strongest storm to hit the northwest Pacific since 1990, barrelled toward the mainland. Megi has already wreaked havoc in the Philippines, killing at least
      AFP  -  269 words
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      1202 14 Advertisement Rising to the occasion: Twins at Damansara Heights is named the Best High-rise Architecture in Malaysia International award-winning experience for those who want the best ASIA PACIFIC RESIDENTIAL PROPERTY AWARDS Bloomberg BEST HIGH-RISE ARCHITECTURE MALAYSIA I !iS 1 I 1 I =§5 §3 V S: A bold architectural statement
      1,202 words
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      31 14 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY FESTIVE FEVER It's time to shop for the festival of lights SSs I GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      31 words
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  • INDIA
    • Article
      Lock icon Fraud at Games said to hit US$1.8b
      130 15 AFP [NEW DELHI] An Indian government watchdog has received complaints of the “huge and alarming” misappropriation of up to US$1.8 billion in organising the Delhi Commonwealth Games, a report said on Tuesday. The complaints included payments to non-existent parties, deliberate delays in carrying
      AFP  -  130 words
    • Article
      Lock icon HCL Technologies profit up despite rising staff costs
      342 15 AP [MUMBAI] Indian outsourcer HCL Technologies Ltd said that quarterly profit grew 7.9 per cent in dollar terms from a year earlier, beating expectations despite weakening sales in the US and rising employee costs. HCL’s profit for the July-September quarter was 3.3
      AP  -  342 words
    • Article
      Lock icon Legal battle over new microfinance laws
      322 15 AP [MUMBAI] A group of India’s largest microfinance institutions filed a lawsuit on Tuesday to block strict new regulations laid down by the state of Andhra Pradesh a crucial market for small loans after reports that high interest and coercive loan collection by microfinance
      AP  -  322 words
    • Article, Illustration
      Lock icon Banks pile into Coal India IPO
      414 15 Financial institutions bid for over three times the shares on offer: source AFP [MUMBAI] India’s US$3.5 billion sale of shares in state-run Coal India was doubly oversubscribed a day ahead of the close of the country’s biggest ever stock offer, stock exchange figures showed
      AFP; BLOOMBERG  -  414 words
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      446 15 LionGlobal Emerging Markets Bond Fund Build your portfolio with global emerging market bonds LION GLOBAL INVESTORS 0/ 3.% I W In recent years, emerging economies have shown to possess strong fundamentals as well as disciplined fiscal and monetary policies. These positive structural developments have led to rising credit quality of
      446 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Rio approves US$3b expansion plan
      453 16 Bloomberg [MELBOURNE] Rio Tinto Group, the world’s thirdlargest mining company, approved a US$3.1 billion expansion of its Australian iron ore operations, two days after scrapping a joint venture with BHP Billiton Ltd to combine their ore mines. The expansion will raise iron ore capacity in
      Bloomberg; REUTERS  -  453 words
    • Article
      Lock icon S Korea not keen on amending US trade deal
      470 16 Americans’ request stems from protests by US carmakers and beef producers Reuters [SEOUL] South Korea sees no room for reworking a free trade deal with the United States and is in no rush to alter it to suit demands from the
      Reuters  -  470 words
    • Article, Illustration
      Lock icon French protesters block access to airports
      647 17 No incidents as police free blocked fuel depots AP [PARIS] Workers opposed to a higher retirement age blocked access to airports in Paris and around the country yesterday as hooded youths smashed store windows amid clouds of tear gas outside the capital. Riot police
      AP  -  647 words
    • Article
      Lock icon Japan moves to ensure rare earths supply
      515 17  -  By ANTHONY ANTHONY ROWLEY THE Japanese government is in talks with Mongolia, Vietnam and Botswana over supplies of “rare earths”, it was revealed yesterday in the wake of reports that China intends to cut its exports of the vital raw materials by up
      515 words
    • Article
      Lock icon Regulators plan tighter watch over big financial firms
      395 17 They feel it’s crucial to act on banks that are ‘too big to fail’ AFP [SEOUL] A global regulatory body said yesterday it had agreed on a broad plan to tighten supervision of big banks and financial firms blamed for triggering the
      AFP  -  395 words
    • Article
      Lock icon Australia’s Packer raises stake in Ten Holdings
      289 17 Reuters [SYDNEY] Australian billionaire James Packer has upped his stake in television network Ten Network Holdings to nearly 18 per cent, signalling a return to media investments for the tycoon. Mr Packer’s Consolidated Press Holdings increased its stake in Ten to 17.88 per
      Reuters  -  289 words
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      Lock icon Britain slashes spending, ups retirement age
      672 17 Economists: Growth will slow, BOE must keep monetary policy very loose Reuters [LONDON] Britain said yesterday that it would cut half a million public sector jobs, raise the retirement age and slash the welfare state as part of the biggest spending cuts in a
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  • Page 16 Advertisements
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      466 16 Land eppel KeppelLandLimited CoRegNo:*****0001G (Incorporated theRepublicofSingapore) .1 1. UNAUDITEDRESULTSFORTHENINEMONTHSENDED30SEPTEMBER2010 TheDirectorsofKeppelLandLimitedannouncethefollowingunauditedresultsoftheGroupfortheninemonthsended 30September2010: Thir Quarter NineMonths Note 30.09.10 30.09.09 30.09.10 30.09.09 $’000 $’000 $’000 $’000 Sales 149,179 227,768 510,810 623,414 Costsofsales (78,003) (134,018) (292,791) (397,319) Grossprofi 71,176 93,750 218,019 226,095 Distributioncosts (2,269) (2,367) (7,727) (6,338) Administrativeandotherexpenses 11 (17,337) (25,826) (59,711) (77,187) Operatingprofi
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      57 17 Swiss quality also stands for innovation. Ensuring your success with global mailings. SwissPostoffersyoucross-bordermailing options to make your business even more successful.You can count on us for daily mail, direct mailings, newspapers, magazines and small consignments. With our flexibility, innovativeness and reliability we are your partner for international mailings. Further information
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  • EDITORIAL & OPINION
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      Lock icon LCCs must raise their service standards
      481 18 EDITORIAL ASIA is steadily growing into a leading global aviation market, just as the airline industry as a whole is trying to find its feet after the 2008/09 financial crisis. After two turbulent years of losses, the industry is bouncing back and is expected
      481 words
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      Lock icon Mid-term polls in US will be historic – or will they?
      819 18  - Mid-term polls in US will be historic or will they? THE BOTTOM LINE LEON HADAR Washington Correspondent TO hear it said in the US mass media, the coming US mid-term elections will produce a “political earthquake”, or least an “electoral shake-up”, and it is going to be a “historic election”
      819 words
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      Lock icon Restructuring E Asia’s production networks
      954 18  -  The problem of what happens to them is more difficult than some would have us believe ANTHONY ROWLEY Tokyo Correspondent UNTIL recently East Asia was able to pride itself on having become the “factory of the world” with myriad firms, both large and small, linked
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      Lock icon How sound is China’s economy?
      1023 19  -  As inflation reveals itself, the govt may be forced to sharply rein in liquidity, turning cash-fuelled boom into a bust By PATRICK CHOVANEC The writer is an associate professor at Tsinghua University’s School of Economics and Management in Beijing and is an independent fund adviser.
      Bloomberg; AFP  -  1,023 words
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      Lock icon The rise and rise of Asian SMEs
      822 19  -  By SOM SUBROTO The writer is Global Head, SME Banking, Standard Chartered Bank ACROSS Asia, Small and Medium Enterprises (SMEs) are bouncing back fast from the global financial crisis. Not only does this reflect the remarkable resilience and adaptability of SMEs. It is
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    • Article
      Lock icon A foggy global economic picture
      662 19  -  By NEIL DWANE THE downgrade of the Q2 2010 gross domestic product data demonstrated that the US economy is slowing much faster than policymakers and investors had expected. Something has been happening in the US economy that has effectively stalled the strong recovery that policymakers
      662 words
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  • AVIATION
    • Article, Illustration
      Lock icon Airlines seen reconfiguring premium seats to lift yields
      522 20  -  Many reducing First Class cabins in favour of Business Class: analyst By VEN SREENIVASAN [SINGAPORE] The global commercial aviation market has improved significantly, but airlines are reconfiguring their premium seats in a bid to lift flagging yields, leading Syd-ney-based aviation specialist Peter
      BLOOMBERG  -  522 words
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      Lock icon Garuda is back in business: CEO
      460 20 It’s pushing ahead with expansion and planned share sale AFP [SINGAPORE] Flag carrier Garuda Indonesia, which was hit by a European Union safety ban, is now “back in business” and pushing ahead with expansion, including a planned share sale, its chief said yesterday. Garuda
      AFP  -  460 words
    • Article
      Lock icon MAJ Aviation breaks ground for $8m facility
      209 20  -  By NISHA RAMCHANDANI [SINGAPORE] MAJ Aviation is building an $8 million general aviation (GA) hangar at Seletar Aerospace Park. “The facility will encompass maintenance, repair and overhaul (MRO) services and other support services for example, baggage service, aircraft wash and supporting amenities and
      209 words
    • Article
      Lock icon American Air may fly to HK, Guangzhou
      311 20 Bloomberg [TOKYO] American Airlines, which won approval for a new route to Shanghai this month, is considering adding flights to Hong Kong and Guangzhou, China, because of increasing travel in the world’s fast-est-growing major economy. “Demand in China is very robust,” Will Ris,
      Bloomberg  -  311 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3021 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 KU6458 1410 SQ458 1410 EY473 1950 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7268 1745 VS7279 2350 9W4081 1820 AF8087 1820 BA7381 1820 JL5084 1820 MU8213 1820 QF81 1820 Amsterdam SQ323 0605 AZ3993 0025 US5410
      3,021 words
    • LOGBOOK
      • Article
        Lock icon Taiwan building new airport terminal
        64 20 AFP [TAIPEI] Taiwan said yesterday it is planning to spend nearly US$2 billion to build a new terminal at its main airport that will be capable of handling 27 million visitors a year. Construction of the third terminal at Taoyuan International Airport is set to
        AFP  -  64 words
      • Article
        Lock icon Temporary increase in Australia-China flights
        57 20 Bernama [MELBOURNE] The Australian government has negotiated a temporary increase in the number of flights between Australia and China. The number of weekly flights between the two countries will increase by 60 per cent from 37 to 59 between November and February, Australia’s Transport Minister
        Bernama  -  57 words
      • Article
        Lock icon American Air, WestJet in interline pact
        29 20 Reuters [VANCOUVER] American Airlines and WestJet Airlines formed an alliance on Tuesday by entering into an interline agreement, the two carriers said. Reuters
        Reuters  -  29 words
      • Article
        Lock icon THE BUSINESS TIMES SHIPPING TIMES
        3846 21 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
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  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      360 20 CRYPTIC CROSSWORD Across 7 Greek character left with wild animal a feature of window design (7) 8 Listen attentively to the man facing a defeat (4,3) 10 Feature that could be made of tin and enamel (9) 11 Austrian composer drank endlessly (5) 12 The sporting event he’s left a
      360 words
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      26 21 Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 BUSINESS TIMES SHIPPING TIMES
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  • Article, Illustration
    Lock icon Vietnam legislature to review Vinashin scandal
    410 22 The near-bankruptcy of shipping group highlights lack of oversight: observers AFP [HANOI] Vietnam’s communist legislature prepared yesterday to examine the “serious” case of state-run shipping group Vinashin, which was driven to the brink of bankruptcy, government leaders said. “The National Assembly will examine the
    AFP; AFP FILE PHOTOS  -  410 words
  • Article
    Lock icon Baltic index softer but capes demand still firm
    306 22 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, fell on Tuesday with the larger capesize vessels staying in positive territory due to further iron ore enquiry. Brokers said the overall outlook remained fragile. The
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  • Article
    Lock icon LNG re-exports from US to Asia on the rise
    472 22 US gas prices way below those in Europe and Asia Reuters [NEW YORK] Cheniere Energy’s Sabine Pass liquefied natural gas terminal in Louisiana sent a cargo of LNG to Asia on Tuesday, the first of two US re-export deals this week
    Reuters  -  472 words
  • Article
    Lock icon French strikers block oil barge flow on Rhine
    234 22 Reuters [LONDON] Strikers blocked oil product barges on the river Rhine at the French border near Strasbourg on Tuesday to prevent suppliers importing fuel from other countries, trade sources said. Nearby refiners in France, Switzerland and Germany have either halted or cut
    Reuters  -  234 words
  • Article
    Lock icon TRANSPORT STOCKS
    278 22 SGX '000 Oct 20 S$ +/-Vol CH Offshore 0.54 unch 808 Chuan Hup Hldg 0.25 0.01 86 Cosco Corp 1.96 unch ***** CWT Ltd 0.97 0.01 2029 Ezra Hldgs 1.84 0.01 7200 First Ship Lea 0.48 unch 575 Freight Links 0.08 unch 4990 Grand Banks 0.45 0.04 17
    278 words
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      99 22 NOTICE TO TRADE INDIA SUB-CONTINENT COLOMBO SECTORS RATE RESTORATION NOTICE In view of high operating cost, we at St. John Container Lines Pte Ltd would like to announce our intention to introduce Rate Restoration (RR) effective from 15th November 2010 on the following sectors. Colombo Tuticorin V. V Colombo Chennai
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      15 22 Experienced &h;p maintenance services wanted. Can they find your services here in the Shipping Times?
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9067 23 Transaction date: Oct 20 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 14.5 3148 8Telecom 19 +0.5 270 19 18.5 18 19 1.7 9.5 6.1 91 12 5 5834
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      Lock icon SGX CATALIST
      1882 24 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 1181 t AA Grp 4.5 4 5 25 4.3 225 130 6222 t APStrategic 162 154 162 96.1 4 0.5
      1,882 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9390 24 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.28/ APS Alpha Fund (USD)!** 0.98/ 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 WM
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    • Article
      Lock icon SGX ETF
      855 24 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 107 6389 ABF SG Bond ETF 117 unch 48 117 117 114 117 534.1 1036 757 CIMBAsean40 100US$ US1008 -16 240 1012 1000
      855 words
    • Article
      Lock icon CLOB INTERNATIONAL
      74 24 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 6000 AVJennings A51 51.5 52.5 3.6 6.9 4.1 132.8 55 16 6017 Genting HK US$ US46.5 +2.5 ***** 47 43.5 46 46.5
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 25 In local curr In S$ In US$ dy yr dy yr dy yr Oct 19 Index Change Change Change Change Change Change World Index Preliminary 853.8 -0.4 2.6 -0.3 -3.0 -1.1 3.9 EAFE Preliminary 778.6 -0.2 -0.8 -0.6 -5.0 -1.4 1.8 Europe Preliminary 1147.5 -0.5
      374 words
    • Article
      Lock icon INTERBANK RATES
      180 25 Oct 20 $S Offer Bid 0vernight 0.03 PAR 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 1/16 US$ Offer Bid 7 days 0.35 0.25 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.53 0.33 6 months 0.62 0.52 9 months 0.80 0.60 12
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Oct 20 S$ Bid Offer 1-month 1.3068 1.3078 2-months 1.3068 1.3078 3-months 1.3068 1.3078 6-months 1.3067 1.3078 Source: OCBC
      22 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 25 Oct 20 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.316 1.242 Can dollar 1.295 1.246 Euro 1.837 1.767 Sterling pound 2.098 2.018 NZ dollar 1.005 0.958 US dollar 1.334 1.283 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 25 Oct 20 Open High Sett STI Oct 3176 SIMSCI Oct 377.1 377.5 374.6 Taiwan Oct 282.0 286.3 285.7 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      73 25 Oct 20 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 10 2909 2990 2996 2909 276 3724 Dec 10 2895 2990 2990 2890 4371 ***** Jan 11 2895 2984 2985 2891 ***** ***** Feb 11 2899 2978
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      424 25 Oct 20 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6500 0 7280 Mar11 99.5900 0 1003 Jun11 99.5500 0 1569 Sep11 99.4900 0 2116 EUROYEN TIBOR FUTURES Dec10 99.6750 99.6750 99.6750 99.6750 1 2729 Mar11 99.7000 13 1546 Jun11 99.7075 99.7075 99.7000 99.7100 230 2512
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    • Article
      Lock icon SICOM FUTURES
      137 25 Oct 20 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 10 402.4 399.0 402.4 94 Dec 10 402.0 402.0 402.0 30 Jan 11 404.0 398.0 404.0 76 Feb 11 402.0 402.0 403.0 22 Mar 11 406.0 Apr 11
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    • Article
      Lock icon GOVERNMENT SECURITIES
      88 25 Oct 20 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 20.01.2011 0.29 1-Year BY*****W 03.05.2011 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.05 104.08 104.07 5-Year N*****0S 2.875 01.07.2015 109.25 109.30 109.28
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    • Article
      Lock icon CHICAGO BOT
      105 25 Oct 19 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1180.00 1184.00 1195.00 1165.50 Jan 11 1191.50 1195.00 1206.00 1176.50 Mar 11 1199.75 1203.25 1214.00 1185.25 May 11 1202.75 1206.25 1217.00 1188.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 10 47.10 47.66 48.01
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 25 CRUDE OIL PRODUCTS CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 82.49 -1.19 WTI (Near Mth) 79.53 -3.60 Dubai (1-Mth F) 81.07 1.67 Tapis blend 90.50 1.70 Minas 83.90 1.85 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 83.58 1.69 Jet Kerosene 95.50 2.50 US$/barrel Opec Oil Basket Price
      75 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2463 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 3 unch 186 1 3 -8 2.17 2 6221 Asia-Pacific Strat W*****6 39 1 150 17 4.15 43 6227 ASJ Hldgs W*****1 3.5 1 4
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    • Article
      Lock icon INTERBANK CROSS RATES
      464 25 Oct 20 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.007 6.504 0.708 7.591 43.333 87.345 0.795 11.029 3.051 1.307 84.059 42.433 1.279 6.798 0.946 30.245 29.278 0.621 0.978 Canada 0.993 6.458
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    • Article
      Lock icon SIBOR
      85 25 Oct 20 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 25 Oct 20 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2781 1.2792 0.9780 0.9781 Canadian dollar 1.2686 1.2706 0.9708 0.9715 Euro 1.8047 1.8067 1.3810 1.3815 NZ dollar 0.9774 0.9791 0.7479 0.7487 Sterling pound 2.0569 2.0590 1.5740 1.5744
      154 words
    • Article
      Lock icon PRECIOUS METALS
      138 25 Oct 20 GOLD (US$/oz) Oct 20 Oct 19 Hong Kong 1343.00 1370.00 Oct 19 Oct 18 London 1340.30 1370.25 1340.70 1371.05 Source: Thomson Reuters CAST BAR Oct 20 (S$) Selling Buying Kilobar 60,563.07 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 136 57 5gm 385 283 10gm 688
      138 words
    • Article
      Lock icon LONDON METALS
      71 25 Oct 19 Oct 19 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2322.00 2374.75 3 months 2355.50 2410.00 Copper, Grade A (US$/tonne) Cash 8240.75 8426.00 3 months 8260.00 8443.00 Lead (US$/tonne) Cash 2373.25 2411.00 3 months 2400.00 2437.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • Article
      Lock icon LIFFE
      82 25 Oct 19 COCOA (£/tonne) Close Prev High/Low Dec 10 1853 1859 1871/1839 Mar 11 1883 1888 1900/1870 May 11 1903 1907 1918/1890 Jul 11 1922 1925 1937/1910 COFFEE (US$/tonne) Close Pev High/Low Nov 10 1715 1652 1718/1648 Jan 11 1742 1680 1745/1676 Mar 11 1750 1697 1759/1701 May 11
      82 words
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  • BizIT
    • Article, Illustration
      Lock icon Windows 7 – one year later
      897 26  - Windows 7 one year later Microsoft’s latest operating system is faring much better than its badly received predecessor Windows Vista, reports VICTORIA HO VICTORIA HO FOLLOWING its splashing debut a year ago, Windows 7, Microsoft’s OS (operating system) turns one tomorrow. As expected, the OS has become a hot seller
      897 words
    • Article
      Lock icon Yahoo Q3 net profit doubles but revenue disappoints
      269 26 AFP [SAN FRANCISCO] Yahoo’s quarterly net profit more than doubled, but revenue growth was flat at the struggling Internet company and its forecast for the current quarter disappointing. Ya- hoo said on Tuesday that third-quarter net profit soared to US$396.1 million from
      AFP  -  269 words
    • Article
      Lock icon US, India top in spam ‘Dirty Dozen’ list
      701 26  -  Sophos notes an increase in social networking By AMIT ROY CHOUDHURY SINCE the second quarter of this year, spam output from the US has increased significantly from 15.2 per cent to 18.6 per cent of global spam, making the country responsible for
      701 words
    • BizIT FOCUS: WORKING SMARTER
      • Article, Illustration
        Lock icon Be on top of technology
        2581 28 Unless used properly, technology can destroy productivity and workers’ work-life balance OVERVIEW TECHNOLOGY has changed the way companies operate. It has brought about major improvements in productivity, allowing companies to provide a better working environment for its employees and thus improving the work-life balance. However,
        2,581 words
    • Article, Illustration
      Lock icon Cloud, biz analytics among most strategic technologies for 2011
      691 29  -  Gartner’s list also includes tablet PCs, context-aware devices, mobile apps By RAJU CHELLAM CLOUD computing and business analytics are two of the top 10 technologies and trends that will be strategic for most organisations in 2011, according to a justreleased study
      691 words
    • Article
      Lock icon Nokia may report shrinking profit
      470 29 Bloomberg [HELSINKI] Nokia, the world’s biggest mo-bile-phone maker, may post its smallest third-quar-ter profit since 2001, underscoring chief executive officer Stephen Elop’s challenge to claw back share from Apple Inc and Google Inc. Product delays and price competition probably weighed on the results to be
      Bloomberg  -  470 words
  • Page 26 Advertisements
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      972 26 MATS NOTICES BUY IT- SELL IT• FIND IT FULL APEX (HOLDINGS) LIMITED (Incorporated in Bermuda on 5 April 2002) Registration No: ***** NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of the Shareholders of Full Apex (Holdings) Limited (the “Company”) will be held at
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      Lock icon Page 26 Advertisements Column 2
      674 26 MATS NOTICES BUY IT SELL IT FIND IT YONGMAO HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0649K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Yongmao Holdings Limited will be held at 18 Sungei Kadut Avenue, Yew Tee Industrial
      674 words
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      Lock icon Page 26 Advertisements Column 3
      13 26 GARTNER RESEARCH Cloud, biz analytics among most strategic technologies for 2011 Page 29
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      1052 27 Kenneth Quek" Technical Manager Amnet Technology Pte Ltd ■5 B^Y VJ i "A .MM 11 ill i I ill Nk W- a mm Senthil Murugan Girish Kumar CEO Sales Manager TOUCHTiER Technology ructure Division pte Ltd Infrastructure Division Amnet Technology Pte Ltd H@fl V -4 rr Gary Ong Managing Direct
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  • Page 28 Advertisements
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      68 28 ML imageFORMULA Canon Delighting You Always W H -i 1 1 ri V Get up to $1000 off your scanner. 71 'I Trade-in any brand of old scanner and get up to $1,000* discount off any purchase of Canon document, cheque, or network scanner. For more details, visit www.canon.com.sg/business/products/scanners or
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      8 28 This series is brought to you by Canon
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  • Page 29 Advertisements
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      64 29 AWAKEN YOUR AMBITIONS WITH CANON Canon's business technologies empower you to accomplish more in the office, giving you the time to pursue your ambitions and passions after work. So be it to fulfill your life-long aspiration of being a photographer or spending more time with your family, you can be
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      4196 30 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. (A business trust constituted on 25 April 2006 under the laws of the Republic of Singapore) Managed by PST Management Pte. Ltd. NOTICE OF BOOKS CLOSURE DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Unitholders of Pacific
      4,196 words
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      Lock icon Page 30 Advertisements Column 2
      411 30 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PLATO-STRAITS HERITAGE PTE. LTD. (In Members' Voluntary Liquidation) Reg No. *****0424N NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 6th Floor, Wisma Genting, Jalan Sultan Ismail, *****
      411 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Eschewing traditional office space
      1035 31  -  Businesses that choose high-tech space or business parks may be rewarded in the longer horizon. By ONG KAH SENG ONG KAH SENG The writer is senior manager at Cushman Wakefield Research LAST year and 2010 have been encouraging for Singapore’s industrial property sector. Although the sector
      ARTHUR LEE; Source: URA, Cushman & Wakefield Research  -  1,035 words
    • Article
      Lock icon Househunt PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 28 WITH CONTRACT DATES BETWEEN SEPT 22 AND SEPT 28, 2010
      682 31 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 2 NON-LANDED Icon Apt 24/09/2010 99 786 1336 1700 Icon Apt 23/09/2010 99 581 1100
      682 words
    • Article
      Lock icon CFS in biggest Aussie Reit bond sale in 4 years
      402 32 Trusts Down Under moving to reduce bank exposures with longer-term debt Bloomberg [SYDNEY] CFS Retail Property Trust, a real estate trust that invests in shopping centres, sold A$450 million (S$573 million) of bonds in the biggest domestic debt issue by
      Bloomberg  -  402 words
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      Lock icon Sub-prime mortgage market re-opens
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      Lock icon KL’s mega office space plan likely to hit rents
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