The Business Times, 17 February 2011

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Total Pages: 30
1 30 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, February 17,2011
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  • 765 1  -  Union says they could seek fresh pastures if airline proceeds with cuts By VEN SREENIVASAN [SINGAPORE] Singapore Airlines and its pilots could find themselves in the courts again if they can’t resolve the issue of salaries for pilots who are
    765 words
  • 143 1 G ST INDEX 3,094.72 (+14.06) G ST INDEX FUTURES 3,095 (+18) GSIMSCI 366.63 (+1.64) GSIMSCI FUTURES 366.70 (+3.30) FOREX US$ S$ US$ (S$ per US$) 1.280 (US$/S$ per 1.618 2.071 EURO (US$/S$/E) 1.355 1.734 Foreign currency per US$ S$ YEN 83.70 65.40 RM 3.048 2.381 HK$ 7.793 6.088
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  • 563 1  -  Economy will continue to expand, shows BT-UniSIM Business Climate Survey By TEH SHI NING [SINGAPORE] Singapore’s economy could grow up to 10.1 per cent in the first quarter, according to leading indicators from the latest BT-UniSIM Business Climate Survey. The quarterly poll
    Source: BT-UniSIM Business Climate Survey  -  563 words
  • Page 1 Advertisements
    • 143 1 OPINION A US Budget shaped by political constraints PAGE 20 BizIT S’pore telecom services to cross US$5b this year PAGE 25 BT’s Budget Special WHAT does Budget 2011 mean to you and your business? What are the implications of various measures? Where are the windows of opportunities? Read BT’s in-depth
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    • 3 1 8 '*****1 *****4
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    • 155 1 PROPERTY More office blocks up for sale PAGE 30 -t** U'li E S IBEEZ! m Sg SCMRJ WE .B» *i,* T .<T«V J;; »»]ff!!!!!i!iminiiiBi)i HlSalali liiHJiiiiii"!'"' 'Hi ;j,;";:'!,: I If mm Mill ■Htiiii lllllll «<"' rr~ X: f r i. n .Ji'J A.v|f E W RiJVV V" Its impeccable and
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    • 11 1 UNREST Clashes break out in Libyan city of Benghazi PAGE 2
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  • TOP STORIES
    • 524 2 Deal also includes payments tied to future success of its biotech drugs Reuters [PARIS] French drugmaker Sanofi-Aventis agreed to buy Genzyme Corp with a sweetened US$20.1 billion cash offer, plus payments tied to the success of the US biotech group’s drugs, the companies
      Reuters  -  524 words
    • 533 2 Bubbly businesses hint at 10% growth in Q1 SINGAPORE’S economy could grow up to 10.1 per cent in the first quarter, according to leading indicators from the latest BT-UniSIM Business Climate Survey. Survey director Chow Kit Boey said the latest regression analyses predict GDP growth of between 9.3
      533 words
    • 562 2 Reuters [SYDNEY] Global miner BHP Billiton’s boss, Marius Kloppers, confirmed yesterday he had harboured concerns about Chinese and competitor espionage on his business, citing it as a reason behind his push for market pricing of key commodities. Mr Kloppers, who runs the
      Reuters; AFP  -  562 words
    • 289 2  -  By CONRAD TAN [SINGAPORE] Temasek Holdings has set up a US$5 billion euro-commercial paper programme to allow it to issue short-term debt cheaply and quickly when needed. The new facility for short-term borrowing in the international capital markets will complement its existing US$10 billion medium
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    • 427 2  -  By in ANTHONY ROWLEY in Tokyo JAPAN and India formally signed a Comprehensive Economic Partnership Agreement yesterday which is expected to deepen relations between the two countries in areas extending well beyond tariff reductions and to coun-ter-balance Japan’s increasing economic dependence on China. The
      427 words
    • 542 2 Rare show of unrest in tightly-controlled oil exporter Reuters Bloomberg [TRIPOLI] Hundreds of people clashed with police and government supporters overnight in the eastern Libyan city of Benghazi, a witness and local media said, in a rare show of unrest in the
      Reuters; Bloomberg  -  542 words
    • 853 4  -  Senior pilots deserve a better deal, since the issue is not one of age or even logic and could hit morale at the airline COMMENTARY By PRITHPAL SINGH [SINGAPORE] The writer is an aviation consultant and pilot FwitaebSOR a world class airline which earns
      853 words
    • 585 4  -  Inflation concerns, slower growth expectations cited By CHEN HUIFEN [SINGAPORE] Business confidence among SMEs here has fallen slightly in the fourth quarter of last year, amid inflation concerns and expectations of a slower economic growth for Singapore this year. A business confidence index derived by
      585 words
    • 572 4  -  97 ha expected to be acquired for first of three lines By PAULINE NG in Kuala Lumpur THE Malaysian government is expected to acquire some 473 lots of land totalling 97 hectares for the construction of a mass rail transit (MRT)
      572 words
    • 326 4  -  By TEH SHI NING [SINGAPORE] Overseas expansion in the next six months is on the cards for about 80 per cent of firms here, with China and Indonesia being the most favoured destinations, according to the latest BT-Uni-SIM Business Climate Survey.
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  • Page 2 Advertisements
    • 77 2 Harry Potter and the Order of the Phoenix C2 The Ministry of Mogic threatens to expel Harry from Hogwarts and I .tL. attempts to quel Clams that I Vofctcmort has returned jj T: i X,.MTV Lifestyle Theatre Designed by Ong Radio Live the Ultimate.™ Ultra-Luxe Music Systems I Elite Private
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  • Page 3 Advertisements
    • 77 3 The COOL EFFECT Fabric reflects the sun's rays "v "vOte X Jfe r A r-_.. •s v o tr.tr :Y.£g£t>. I O c o •M •fx .ta r v; s.'.S" Hffi V M *43 .^shWsMSm-: »S. m m *'9 m ¥S <*& *9 *9 1 2 *'1 i?» E£$ mm
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    • 302 4 www.itshow.com.sg Join us at facebook HOV f 10 ,h 13 th MARCH 2011 Suntec Singapore Levels 0> 0> 0> O O I.T DIGITAL MOBILE CONSUMER ELECTRONICS EXHIBITION IN SINGAPORE WORTH WAITING FOR 7Z& COMING SOON! Plus Win 1st Prize Of S$20 9 000 CASH And Other Cash Prizes »A" (ONE
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    • 18 4 Pacify the Raging Bull Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices AT3 NOTICES
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  • COMPANY NEWS
    • 594 6  -  It reports US$177m profits for Q4; revenue jumps 37% to US$2.77b By JOYCE HOOI NEPTUNE Orient Lines (NOL) capped off a full-year swing back into the black with US$177 million in net profits for Q4 FY2010, against a net loss of US$211
      BLOOMBERG  -  594 words
    • 605 6 Reuters [LONDON] Hotelier Millennium Copthorne reported a 53 per cent increase in full-year pretax profit yesterday and said trading conditions were improving across its key markets of London, Singapore and New York. London-based M&C, which operates over 100 hotels worldwide, made a
      Reuters  -  605 words
    • 466 6  -  Interest payment of 2% per annum for 2-year bonds By MICHELLE QUAH CAPITAMALL Trust (CMT) is offering up to $200 million in retail bonds, as part of a $2.5 billion retail bond programme announced yesterday. The $200 million bond issue will consist of
      466 words
    • 528 7  -  It ushers in first Korean issuer and second depositary bank Citigroup By LYNETTE KHOO SINGAPORE Exchange (SGX) has expanded its suite of American Depositary Receipts (ADRs) with three more issuers, including its first non-Chinese ADR issuer. It also ushered in a second depositary bank, Citigroup,
      528 words
    • 615 7 [SYDNEY] The head of New Zealand’s stock exchange has warned that Singapore Exchange Ltd has a “long way to go” in its bid to win approval from Australian regulators and lawmakers for its bid to buy ASX Ltd. Mark Weldon, CEO
      615 words
    • 18 7 ISIN-CODE NAME NAV DATE LU********** Man AHL Trend SGD Share SGD 100.44 07/02/11
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    • 341 7  -  Copper contracts have received the most interest By FELDA CHAY TRADING of the three London Metal Exchange-Singa-pore Exchange (LME-SGX) metal futures contracts appears to be off to a strong start, with more than 3,000 lots traded over the first three trading sessions. The
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    • 675 9  -  It has yet to receive $10m sum owed by group building motorsports hub By NISHA RAMCHANDANI THE stalled Changi Motorsports Hub project is putting mainboard-listed construction company CSC Holdings in a bit of a quandary, since CSC has yet to see the $10
      FILE PHOTO  -  675 words
    • 308 9  -  By JOYCE HOOI ST Engineering’s shipyard in the United States VT Halter Marine has been awarded a shipbuilding contract worth about $185 million by Honolulu-based Pasha Hawaii to build a roll-on/roll-off car truck carrier. On top of that, the shipyard also signed an
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    • 457 9  -  By WINSTON CHAI BROADWAY Industrial Group’s fourth-quarter net profit saw a marginal 1.1 per cent improvement to $10.2 million, from $10.1 million a year earlier, as the strong Singapore dollar took a toll on its bottom line. Earnings per share for the three
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    • COMPANY BRIEFS
      • 56 9 SINO Grandness Food Industry Group Ltd said that it is planning to offer and list Taiwan Depository Receipts (TDRs) on the Taiwan Stock Exchange (TSE). The canned fruit and vegetable manufacturer is in the process of appointing the relevant professional parties to start preparatory
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      • 57 9 BBR Holdings (S) Ltd said that Singapore Piling Civil Engineering, a wholly owned subsidiary, has been awarded a contract by the Land Transport Authority of Singapore (LTA) to widen Keppel Viaduct. The project is expected to be completed in the first half of
        57 words
      • 63 9 CONSTRUCTION related Koh Brothers Group Ltd reported that its net profit for the fourth quarter of 2010 fell 33 per cent from a year ago to $2.28 million due to the lower margins of certain projects and the increase in allowance made for doubtful
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      • 67 9 AZTECH Group said net profit fell 36.9 per cent to $1.03 million for Q4 2010 on flat revenue of $50.7 million. For the full year 2010, revenue decreased by 24.6 per cent to $211.3 million while net profit saw a 65.4 per
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  • Page 6 Advertisements
    • 587 6 :*ATci NOTICES RAMBA ENERGY LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****1668R) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of Ramba Energy Limited (the “Company”) will be held at 11 Bedok North Avenue 4, #05-01 RichLand Business
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    • 67 6 I, Marie Victoria Sha Tacardon, single, of 6 Sarkies Road, #02-02 Portofino, Singapore *****6 intend to marry Andreas Wursch, bachelor, of 6 Sarkies Road, #02-02 Portofino, Singapore *****6 at Schloss Waldegg, Waldeggstrasse 1, 4532 Feldbrunnen-St. Niklaus, Switzerland on 8 July 2011. Any person knowing of any lawful impediment to the
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    • 183 6 BUY IT-SELL IT-FIND IT MATS I F C Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SONY LOGISTICS (SINGAPORE) PTE LTD Co. Reg. No. *****3944C (IN MEMBERS’ VOLUNTARY LIQUIDATION) FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to
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    • 328 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SONY PRECISION ENGINEERING CENTER (SINGAPORE) PTE LTD Co. Reg. No. *****0278H (IN MEMBERS’ VOLUNTARY LIQUIDATION) FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) of the Companies Act, Cap. 50, that a Final
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    • 384 6 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF ENFORA (ASIA PACIFIC) PTE. LTD. (In Member’s Voluntary Liquidation) Company Registration No: *****3827K NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 (2) of the Companies Act, Cap. 50, that a Final Meeting
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    • 216 6 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HVB SINGAPORE LIMITED (IN MEMBERS’ VOLUNTARY LIQUIDATION) Registration No. *****4430M NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Member of the abovenamed Company will be
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    • 181 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CC STAR PRIVATE LIMITED (REG. NO.: *****5749W) (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of the Members
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  • Page 7 Advertisements
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      76 words

  • SINGAPORE MARKETS
    • 589 8  -  Analysts wonder whether recent market pause is temporary, as funds continue to flow out of Asia STOCKS VEN SREENIVASAN Senior Correspondent THE beginnings of a bear market or a temporary pause? That is the big question many analysts and strategists seem to be pondering in recent
      Source: Bloomberg  -  589 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 6 5 0 0 0 5 6 5 Manufacturing 62 38 69 2 7 12 64 45 81 Commerce 19 11 33 4 3 6 23 14 39 Tpt/Stor/Comms 15 13 14
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    • 123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 42,903 42,903 186,208 186,208 Manufacturing 276,497 15,874 292,371 259,885 778 260,663 Commerce 80,463 22,857 103,320 120,206 2,733 122,939 Tpt/Stor/Comms 99,064 505 99,569 198,655 141 198,797 Finance 30,258 100 30,358 279,058 14 279,072 Construction 33,249 16,066
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    • 109 8 Stock name Close Change CapMallsAsia 1.960 +0.030 CapitaLand 3.400 +0.030 CapitaMall 1.830 CityDev 10.720 ComfortDelGro 1.570 +0.010 DBS Grp 14.700 -0.240 F&N 6.060 +0.060 Genting SP 2.040 +0.050 Golden Agri 0.695 HK Land 6.750 +0.060 JMH 44.820 +0.160 JSH 26.780 +0.060 Jardine C&C 32.820 +1.240 Keppel
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    • 4 8 DAILY
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    • 66 8 Feb 16 VALUE CLOSE BT OB/OS -344.00 +299.0 BT CADI -*****.00 +73.0 BT 10-day MA -*****.00 -34.00 FTSE ST Mid Cap 776.03 +3.12 FTSE ST Small Cap 580.44 +2.30 FTSE ST All Share 767.69 +3.40 FTSE ST China Top 283.50 +1.76 FTSE ST China 309.13 +1.57 FTSE
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    • 59 8 VOLUME Genting SP 124,493,000 Golden Agri 83,521,000 Midas 31,510,000 ChinaGaoxian 24,342,000 CapitaLand 22,936,000 Noble Grp 21,377,000 *Genting HK US$ 21,018,000 HG Metal 18,849,000 UniFiber 17,628,000 GMG Global 16,190,000 VALUE($) Genting SP 251,531,279 Keppel Corp 134,898,420 DBS Grp 97,863,580 CapitaLand 77,378,630 OCBC Bk 73,792,320 UOB 66,700,040 Golden Agri
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    • 108 8 BY CENTS CLOSE UP GLD 10US$ ***** 166.4 1.0 Jardine C&C 3282 124.0 3.9 Pru 500US$ 1160 66.5 4.7 DBXT Nifty 10US$ ***** 42.2 0.3 Keppel Corp 1158 36.0 3.2 UOB 5.05%NCPS 100 ***** 30.0 0.3 Great Eastern 1596 26.0 1.7 Lyxor China H 10US$ 1600 24.3 1.2 JMH
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    • BROKERS’ TAKE
      • 213 8 Feb 16 close: $1.68 DBS Vickers Research, Feb 16 Q2 FY11 results were in line with consensus, with revenue growing 40 per cent y-o-y to 545 million yuan ($106 million) and earnings rising by 53 per cent to 156 million yuan. Revenue growth was driven by the processing
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      • 293 8 Feb 16 close: $2.14 CIMB Research, Feb 16 COSCO Guangdong has secured three firm contracts plus an option worth over US$113 million to build special-purpose carriers for a European ship-owner. Separately, Cosco Dalian has delivered a bulk carrier of 80,000 dwt, Mega Star, to its Asian buyer. Management
        293 words
      • 287 8  -  Feb 16 close: $11.58 DMG Partners Securities, Feb 16 Compiled by LYNETTE KHOO KEPPEL Corp announced that they have secured an order from Maersk for two Gusto MSC CJ70 harsh environment jack-up rigs for a value of close to US$1 billion. The first rig is scheduled to be delivered
        287 words
      • 135 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,
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    • 468 8 Pound soars broadly; at 8-wk high vs yen CURRENCIES Reuters [TOKYO] Sterling held broad gains yesterday as rising UK inflation cemented expectations of an early rate hike, while the US dollar looked well-placed to test the ceiling of a long-held range against the yen after hitting an eight-week high. Sterling
      Reuters; REUTERS  -  468 words
    • 124 8 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 3732 -81.9 -1.7 DBXT DBCBDJUBS 10US$ 3754 -56.3 -1.2 IS MSCI Spore 1301 -38.4 -2.3 CityDev.ES.1102 1058 -34.0 -3.1 DBXT S&P Short 10US$ 4237 -29.4 -0.5 DBS Grp 1470 -24.0 -1.6 DBXT MSTaiwan 10US$ 1940 -16.6 -0.7 SIA 1430 -14.0 -1.0 CIMBAsean40
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    • 5 8 DAILY
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  • Page 9 Advertisements
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      277 words

  • SINGAPORE NEWS
    • 372 10  -  29% of firms plan to grow through acquisition over next three years: study By JOYCE HOOI MORE privately owned firms in Singapore are mulling over growing through acquisitions, according to the latest Grant Thornton International Business Report. In its study conducted at
      372 words
    • 301 10 MORE than half of midsize companies in Singapore expect to increase their IT budgets over the next year or so, according to an IBM study. Released yesterday, the survey found 74 per cent of midsize businesses here are forecast to spend more
      301 words
    • 193 10 THE CPF Board will continue to pay 2.5 per cent interest per annum for members’ CPF savings in their Ordinary Account (OA) from April 1 to June 30 this year, it said yesterday. In addition, an extra one per cent interest will continue
      193 words
    • 360 10  -  But occupancy level remains healthy at 96.9% last year By UMA SHANKARI NET allocation of JTC’s ready-built facilities (RBF) dropped sharply to negative 14,500 square metres in Q4 2010, making it the third straight quarter during which terminations outstripped gross allocations. Net allocation
      360 words
    • 405 10  -  By CONRAD TAN RUSSIAN companies looking to raise funds overseas are increasingly keen to do so via Asian-currency bond issues in Singapore and Hong Kong, and this year is likely to see more such debt issues, according to VTB Capital,
      REUTERS  -  405 words
    • 358 10 A GROUP of financial advisers here yesterday committed an initial $100,000 to kickstart a philanthropy drive with the Community Foundation of Singapore (CFS). More high net worth clients are seeking innovative ways to make an impact with their financial giving, hence
      358 words
    • 464 10 Group’s proposals for Budget include paternity perks too SEEKING to bring a women’s perspective to policy making, the Association of Women for Action and Research (Aware) has brought its lobby for gender equality and paternity perks before the Singapore Budget. The advocacy
      FILE PHOTO  -  464 words

  • ECONOMY WATCH
    • 709 11 Food inflation has pushed 44m more people into extreme poverty since June Bloomberg [WASHINGTON] Global food prices have surged to dangerous levels, pushing 44 million more people into extreme poverty since June, according to the World Bank, which also warned that some
      Bloomberg; BLOOMBERG  -  709 words
    • 445 11 It plans to push for a consensus on indicative guidelines Reuters [PARIS] Wide differences between rich and poor countries may frustrate France’s hope of taking a bold step towards stabilising the global economy at a Group of 20 finance ministers’ meeting this week. The two-day
      Reuters  -  445 words
    • 356 11 Reuters [LONDON] The number of Britons claiming unemployment benefit rose in January for the first time in four months against a background of slowing pay growth, official data showed yesterday. Sterling fell and gilt futures rose on the figures which suggested
      Reuters  -  356 words
    • 334 11 AP [ATHENS] Greece’s economy will shrink by about 3 per cent or more this year, the central bank predicted on Tuesday, meaning the country would wallow in recession for a third year as it battles to recover from its devastating debt crisis. The
      AP  -  334 words
    • 431 11 Seeking to reduce the rate to between 23% and 29% Reuters [WASHINGTON] US Treasury Secretary Timothy Geithner said on Tuesday that the United States needs to cut the corporate tax rate substantially with a goal in the high 20 per cent
      Reuters  -  431 words
  • Page 11 Advertisements
    • 411 11 HG METAL MANUFACTURING LIMITED (Company Registration No.: *****2660D) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise defined, all capitalised terms herein shall bear the same meaning as used in the circular dated 17 February 2011 issued by HG Metal Manufacturing Limited (the “Circular”). NOTICE IS
      411 words

  • MALAYSIA/INDONESIA
    • 484 12  -  Move underlines growing electoral influence of environmentalists By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S easternmost Sabah state yesterday scrapped plans for a RM1.3 billion (S$546 million) coal-fired power plant, bowing to a three-year campaign against the project by environmentalists. “I am pleased to announce that
      484 words
    • 271 12 It will team up with Daihatsu to sell the car around 800,000 to 900,000 yen Reuters [TOKYO] Toyota Motor Corp and group firm Daihatsu will build a low cost car in Indonesia aimed at consumers there and in neighbouring countries, the Nikkei business
      Reuters; AFP  -  271 words
    • 343 12 Reuters [KUALA LUMPUR] Malaysia’s second-largest palm company IOI Corp said its net profit rose 13 per cent in the second quarter ended last December as palm oil prices rose, but faces margin pressure from its resource-based manufacturing unit. Palm prices have
      Reuters  -  343 words
  • Page 12 Advertisements
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  • GREATER CHINA/INDIA
    • 609 13 He is mostly on the defensive as he faced a 75-minute televised interview AFP [NEW DELHI] Indian Prime Minister Manmohan Singh said yesterday that he was “dead serious” about fighting high-level corruption as he staged a televised fightback after a run of debilitating
      AFP  -  609 words
    • 335 13 Bloomberg [NEW DELHI] India, which imports all of its potash requirements, may pay a higher price than last year for overseas purchases of the fertiliser to ensure supplies, two government officials said yesterday. Buyers including Indian Potash Ltd may offer a maximum
      Bloomberg  -  335 words
    • 363 13 [SINGAPORE] “The affordable mobile phone is the most disruptive personal item since people started wearing shoes,” says Robin Jeffrey, visiting research professor at the Institute of South Asian Studies (ISAS) at the National University of Singapore. Prof Jeffrey pointed out that cell phones
      363 words
    • 501 13 Bloomberg [SHANGHAI] China will start yuan options trading from April 1 to help banks and companies protect their earnings from swings in foreign-exchange rates. The new product will provide a tool to hedge against foreign-exchange risks, the State Administration of Foreign
      Bloomberg; REUTERS  -  501 words
    • 334 13 Bank to focus on its primary loan syndication business Reuters [HONG KONG] Emerging markets-focused lender Standard Chartered Bank has shuttered its global loans trading unit, sources familiar with the matter said yesterday, ending a unique experiment in Asia, as it moves to focus on
      Reuters  -  334 words
  • Page 13 Advertisements
    • 98 13 www.pwc.com/sg/budget-2011 pwc Singapore seems to be advancing strongly in the aftermath of the global financial crisis. However, with much of the world still in economic (and in some places, social) turmoil, how sustainable will this recovery be and are the Budget measures appropriate to deal with potential shocks which may
      98 words

  • WORLD
    • 749 14 Earnings double in H1 to a record; company to double share buyback programme to US$10b Reuters [MELBOURNE] BHP Billiton, the world’s biggest miner, plans to pour US$80 billion into expansions over the next five years rather than chase ambitious takeovers, after nearly doubling first-half
      Reuters  -  749 words
    • 316 14 Reuters [BRUSSELS] Heineken NV, the world’s third-largest brewer, beat market forecasts for 2010 earnings yesterday as cost savings more than offset lower beer sales. The Dutch brewer’s net profit before one-offs rose by 37 per cent last year to 1.45 billion euros (S$2.5 billion), against
      Reuters  -  316 words
    • 720 14 Capital spending jumps to highest level in 2 years Bloomberg [WASHINGTON] Corporate America is putting its cash hoard back to work. In the first decline since mid-2009, Standard Poor’s 500 companies reduced cash and short-term investments to US$2.4 trillion from a
      Bloomberg; AFP  -  720 words
    • 472 14 Reuters [NEW YORK] JPMorgan Chase chief executive Jamie Dimon said that his bank will not be “goaded into doing something dumb” with its capital, even as it prepares an aggressive expansion in consumer and private banking over the next five years. Speaking at the bank’s annual
      Reuters  -  472 words
    • 503 15  -  It says it needs govt support in bids for interests in energy, mineral resources By ANTHONY ROWLEY in Tokyo THE head of Japan’s largest energy and minerals group yesterday accused the government of failing to pursue “resource diplomacy”, robbing Japan of the chance
      503 words
    • 570 15 AP, Bloomberg [PARIS] Societe Generale SA, France’s second-larg-est lender, said fourthquarter profit quadrupled, helped by a turnaround at its Russian unit and on fewer writedowns at the corporate and investment bank. SocGen, based in Paris, rose as much as 4.2 per
      – AP,; Bloomberg; REUTERS, BLOOMBERG  -  570 words
    • 710 15 Govt to distribute 10% of shares to citizens: official Reuters [HONG KONG/BEIJING] The Mongolian government is expected to appoint banks by next week to manage the roughly US$3 billion initial public offering (IPO) of its Tavan Tolgoi coal mine, sources with knowledge
      Reuters  -  710 words
    • 330 15 Cyclone Yasi seen costing another A$500 million Reuters [CANBERRA] Australian insurers expect to pay out more than A$2 billion (S$2.56 billion) for damage caused by deadly floods in the country’s north-east this year while Cyclone Yasi could cost another A$500 million, the
      Reuters  -  330 words
    • 430 16 Salary for national workers to go up to 200 rials per month Reuters [MUSCAT] Oman has raised minimum wages by 43 per cent for national workers in the private sector, the Gulf Arab country’s official news agency said, after consumer prices increased at their
      Reuters; AFP  -  430 words
    • 308 16 Reuters [LONDON] Tougher global bank capital rules will barely hinder economic growth, said a study yesterday, casting doubt on claims from the banking sector they would result in a credit squeeze that would derail economic recovery. The OECD, a Paris-based club
      Reuters  -  308 words
    • 510 16 Reuters [SINGAPORE] Climate change could put trillions of investment dollars at risk over the next 20 years, a global study released yesterday said, calling for pension funds and other investors to overhaul how they allocate funds. Risks from more extreme weather, continued
      Reuters  -  510 words
    • 549 16 Measures will be announced next month Reuters [SEOUL] South Korea said yesterday that it planned to announce comprehensive measures next month aimed at preventing heavy household debt from turning sour and triggering a fresh crisis in Asia’s fourth-largest economy. The measures will aim
      Reuters; AP  -  549 words
    • 458 16 Factories produce more goods for 5th straight month on strong auto sales LATEST US DATA AFP AP [WASHINGTON] Construction of new homes in the United States grew by nearly 15 per cent last month, but remained near levels seen since the sub-prime
      AFP; AP  -  458 words
  • Page 14 Advertisements



  • AVIATION
    • 376 17 Territory may draw 39.6 million visitors this year, says tourism board Bloomberg [HONG KONG] Hong Kong, the world’s busiest freight airport last year, needs a new runway as international passenger traffic may grow at a 6.7 per cent annual pace through 2014, according to
      Bloomberg; AP  -  376 words
    • 303 17 The voluntary move caused 15 flights to be cancelled AP [CHICAGO] United Continental Holdings Inc said it voluntarily grounded 96 United Airlines aircraft temporarily on Tuesday so that maintenance checks could be completed. The grounding caused 15 flights to be cancelled and an unspecified number
      AP; AP FILE PHOTO  -  303 words
    • 243 17 Bernama [DOHA] The world’s first airport to be specifically designed for the Airbus A380 super jumbos will open in Qatar at the end of the year. The New Doha International Airport will be opened on Dec 18 in conjunction with Qatar’s
      Bernama  -  243 words
    • 223 17 Reuters [WASHINGTON] The Pentagon on Tuesday said it remains committed to buying a total of 2,443 Lockheed Martin Corp F-35 fighter jets despite a major restructuring that postponed production of 124 airplanes until after 2016. “We have not changed our inventory
      Reuters  -  223 words
    • 3265 17 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 KU6458 1425 --SQ458 1425 EY473 1940 VA7473 1940 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 9W4081 1830 AF8087 1830 BA7381 1830 JL5084 1830 MU8213 1830 QF81 1830 Amsterdam LO4031 0605 KL836
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    • 378 17 AP [DALLAS] Major US airlines are raising the price of some tickets favoured by business travellers again, this time by up to US$120 per round trip. Fare experts said Delta started the latest increase on Monday, which was matched immediately by American and
      AP  -  378 words
  • Page 17 Miscellaneous
    • 332 17 CRYPTIC CROSSWORD Across 1 Smart boy spilling nothing when collecting water (6) 4 Unattached man fancied Chloe in the pub (8) 9 Poet apparent in short demonstration (6) 10 Dad, I ache terribly I must have a drug! (4-4) 11 Change map that’s misprinted French place name (9) 13 Woman
      332 words

  • 4322 18 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 Camden/New Orleans/Tampico *Loads E./W.
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  • Page 18 Advertisements

  • SHIPPING
    • 514 19 Average spot LNG tanker rates will double to highest since 2007: analyst Bloomberg [NEW YORK] Record demand for liquefied natural gas (LNG) is causing the dec-ade-long glut of vessels that carry the fuel to disappear, doubling freight rates and at least tripling profit
      Bloomberg; BLOOMBERG FILE PHOTO  -  514 words
    • 278 19 SGX '000 Feb 16 S$ +/-Vol CH Offshore 0.49 -0.01 75 Chuan Hup Hldg 0.25 unch 548 Cosco Corp 2.14 0.05 ***** CWT Ltd 1.24 0.02 1726 Ezra Hldgs 1.66 unch 1897 First Ship Lea 0.44 0.01 308 Freight Links 0.07 unch 334 Grand Banks unch unch 0
      278 words
    • 308 19 Reuters [LONDON] The International Chamber of Shipping (ICS) has changed its policy on private armed guards, and now accepts operators must be able to defend their ships against rising pirate attacks, the chamber said on Tuesday. The ICS, which represents around 80 per
      Reuters  -  308 words
    • 195 19 Bloomberg [LONDON] A surplus of supertankers competing for two million-bar-rel cargoes of Middle East oil shrank, nearing parity with likely cargoes as demand to collect the region’s crude strengthens. There are 7 per cent more very large crude carriers, or VLCCs, for hire over the
      Bloomberg  -  195 words
    • 382 19 Court has accepted its application to enter receivership Bloomberg [SINGAPORE] Korea Line Corp, South Korea’s sec-ond-largest operator of dry-bulk ships, plunged to the lowest in more than four years after a Seoul court accepted its application to enter receivership. “We will
      Bloomberg  -  382 words
  • Page 19 Advertisements
    • 27 19 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
      27 words
    • 234 19 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO MAIN LINE OPERATORS (MLOs) RATE RESTORATION FOR SOUTH EAST ASIA Following the press notice made on 28 December 2010 with regard to the Business Plan for 2011, the following feeder operators in AFDG wish to inform the trade that they will be implementing
      234 words

  • EDITORIAL & OPINION
    • 473 20 EDITORIAL BETWEEN 1999 and 2007, compensation to employees as a percentage of Singapore’s gross domestic product (GDP) fell from about 43 per cent to below 40 per cent. During the same period, the share of corporate profits as a percentage of GDP grew from about
      473 words
    • 783 20  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent ASPECTS of Japan’s foreign policy appear so sharply at odds with the nation’s economic interests under Prime Minister Naoto Kan’s Democratic Party of Japan-led administration that it seems something has to give quite possibly the continuance of
      783 words
    • 1071 20  -  Obama hopes a compromise will lead to reforms of social programmes and the tax system LEON HADAR Washington Correspondent THERE is one good thing you could say about US President Barack Obama’s federal budget proposals in the form of US$3.7 trillion blueprint for 2012
      AFP  -  1,071 words
    • 1369 21  -  Mobile phones have changed Indian society in ways unimaginable just a few years ago By ROBIN JEFFREY `The writer is a visiting research professor at the Institute of South Asian Studies (ISAS), National University of Singapore. The views expressed are personal. The
      AFP  -  1,369 words
    • 370 21  -  LETTERS TO THE EDITOR David Munro CEO, Volatility Research and Trading Pte Ltd GENEVIEVE Cua’s article titled “Consider Volatility as Asset Class” (BT, Feb 16) is an interesting attempt to turn a sow’s ear into a silk purse. She presents volatility as a “portfolio
      370 words
    • 333 21  -  Tan Bien Chuan Singapore I REFER to Chris Woo’s article “A magic bullet to solve fertility issue” (BT, Feb 12). His suggestion that parents who have or who are expecting their third child when their firstborn is due to be registered for primary one be
      333 words
    • 764 21  -  By DAVID LEONHARDT NYT IT WOULD be easy to look at the images coming out of Cairo over the last few weeks and think of Egypt as a highly urbanised society. It would also be wrong. When Hosni Mubarak took power in 1981, Egypt was
      NYT  -  764 words


  • SINGAPORE STOCKS
    • 8917 22 Transaction date: Feb 16 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 18.5 18.5 19 1.7 9.8 5.9 88.6 12 4.5 5834 A-Sonic 6 unch 100
      8,917 words
    • 1656 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 7 4 1181 t AA Grp 4.5 -0.5 44 4.5 4.5 4.5 5.5 25 4.3 225 130 6222 t APStrategic 164 158
      1,656 words
    • 9518 23 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.34/ APS Alpha Fund (USD)!** 1.05/ 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
      9,518 words
    • 258 23 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 $mil 56 38 6000 AVJennings A52.5cd unch 14 52.5 52.5 52.5 54 3.6 6.7 4.2 136.7 55 16 6017 Genting HK US$ US42.5 +0.5 ***** 43
      258 words
    • 838 23 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 $mil 124 108 6389 ABF SG Bond ETF 110 unch 5 110 110 110 111 502.1 1070 761 CIMBAsean40 100US$ US997 -8 28 998 997
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  • FINANCE & COMMODITIES
    • 374 24 In local curr In S$ In US$ dy yr dy yr dy yr Feb 15 Index Change Change Change Change Change Change World Index Preliminary 943.1 -0.2 5.1 -0.3 4.9 -0.1 5.0 EAFE Preliminary 838.6 0.0 4.7 0.1 4.4 0.3 4.5 Europe Preliminary 1221.7 -0.1
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    • 178 24 Feb 16 $S Offer Bid 0vernight 0.02 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.33 0.23 1 month 0.40 0.30 2 months 0.43 0.33 3 months 0.46 0.36 6 months 0.60 0.50 9 months 0.80 0.60 12
      178 words
    • 22 24 Feb 16 S$ Bid Offer 1-month 1.2794 1.2804 2-months 1.2792 1.2802 3-months 1.2790 1.2801 6-months 1.2784 1.2795 Source: OCBC
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    • 146 24 Feb 16 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Mar 11 640.0 633.0 640.0 68 Apr 11 640.0 635.0 640.0 16 May 11 639.0 630.0 639.0 44 Jun 11 632.0 630.0 638.0 70 Jul 11 636.0 Aug 11
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    • 85 24 Feb 16 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 19.05.2011 0.34 0.32 0.30 1-Year BY*****N 01.11.2011 0.40 0.37 0.36 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.41 102.48 102.47 5-Year N*****0S 2.875
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    • 107 24 Feb 15 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 11 1368.00 1402.75 1409.50 1364.75 May 11 1381.25 1416.00 1422.00 1378.00 Jul 11 1388.50 1423.50 1429.50 1385.25 Aug 11 1370.50 1404.00 1409.00 1367.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Mar 11 56.54
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    • 77 24 CRUDE OIL PRODUCTS Feb 15 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 103.23 -0.72 WTI (Near Mth) 84.32 -0.58 Dubai (1-Mth F) 98.97 1.91 Tapis blend 107.55 2.45 Minas 103.65 2.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.78 1.56 Jet Kerosene 118.75 1.90 US$/barrel Opec Oil
      77 words
    • 2568 24 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 26 -1 20 1 10 -5 1.46 57 6221 Asia-Pacific Strategic W*****6 31 0.5 1 1 150 10 5.29 39 6227 ASJ Hldgs W*****1 3 1
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    • 121 24 Feb 16 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.319 1.245 Can dollar 1.319 1.269 Euro 1.762 1.695 Sterling pound 2.106 2.025 NZ dollar 0.991 0.944 US dollar 1.301 1.251 Local dollars to 100 units of foreign
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    • 27 24 Feb 16 Open High Sett STI Feb 3095 SIMSCI Feb 363.7 366.9 366.7 Taiwan Feb 308.8 311.1 307.7 Source: MF Global (S) Pte. Ltd
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    • 65 24 Feb 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 11 3895 3820 3895 3808 2178 ***** Apr 11 3850 3790 3868 3782 5959 ***** May 11 3815 3745 3822 3741 ***** ***** Jun 11 3763 3695
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    • 472 24 Feb 16 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar11 99.6700 0 4027 Jun11 99.5750 0 1674 Sep11 99.4250 0 2214 Dec11 99.1850 0 568 EUROYEN TIBOR FUTURES Mar11 99.6600 99.6600 99.6600 99.6600 0 5345 Jun11 99.6450 200 972 Sep11 99.6275 0 786 Dec11 99.6025 205
      472 words
    • 464 24 Feb 16 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.985 6.574 0.737 7.778 45.369 88.746 0.836 11.172 3.042 1.327 85.188 43.512 1.278 7.320 0.961 29.390 30.627 0.617 0.998 Canada 1.015 6.671
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    • 85 24 Feb 16 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 137 24 Feb 16 GOLD (US$/oz) Feb 16 Feb 15 Hong Kong 1376.80 1365.00 Feb 15 Feb 14 London 1372.99 1364.39 1373.76 1365.16 Source: Thomson Reuters CAST BAR Feb 16 (S$) Selling Buying Kilobar 60,768.51 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 136 57 5gm 386 283 10gm 690
      137 words
    • 69 24 Feb 15 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2478.25 2491.25 3 months 2505.00 2514.00 Copper, Grade A (US$/tonne) Cash *****.25 *****.50 3 months *****.00 *****.00 Lead (US$/tonne) Cash 2642.00 2647.00 3 months 2635.00 2640.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • 82 24 Feb 15 COCOA (£/tonne) Close Prev High/Low Mar 11 2208 2239 2247/2194 May 11 2191 2210 2219/2175 Jul 11 2164 2186 2191/2146 Sep 11 2140 2162 2171/2134 COFFEE (US$/tonne) Close Pev High/Low Mar 11 2252 2239 2274/2240 May 11 2295 2283 2318/2276 Jul 11 2312 2300 2335/2301 Sep 11
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    • 154 24 Feb 16 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2770 1.2783 0.9980 0.9982 Canadian dollar 1.2957 1.2975 1.0126 1.0132 Euro 1.7337 1.7352 1.3549 1.3550 NZ dollar 0.9624 0.9637 0.7521 0.7525 Sterling pound 2.0696 2.0718 1.6174 1.6178
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  • BizIT
    • 856 25  -  Revenues from mobile data will jump 21.5%, while fixed voice shrinks 0.9%, writes RAJU CHELLAM THE surge in data downloads, both on fixed and mobile devices, will push Singapore’s market for telecom services beyond the US$5 billion level this year, marking
      856 words
    • 457 25  -  By VICTORIA HO FACING a mammoth task of helping its agents maintain correspondence records for three-year stretches, HSR Property Group decided to jump on the Google cloud this month. HSR CEO Patrick Liew told reporters at a media briefing that this decision was
      FILE PHOTO  -  457 words
    • 987 26  -  The issue hinges on distinguishing between cloud computing payments as being a ‘service fee’ or a rental payment <you say> By SUNIL AGARWAL The author is a tax partner for PricewaterhouseCoopers (PwC) Singapore NOT a day goes by without some buzz and excitement
      987 words
    • 527 26 Bloomberg [NEW YORK] Apple Inc started a subscription service for publishers of newspapers, magazines and other content applications, letting them sell multiple issues through a single purchase in the company’s online App Store. The subscriptions will be sold using the same App Store
      Bloomberg  -  527 words
  • Page 25 Advertisements
    • 257 25 IF YOU CAN EMAIL IT, YOU CAN PRINT IT* STAND A CHANCE TO WIN A MEDITERRANEAN CRUISE1 FOR 2 WITH EVERY PURCHASE OF AN HP OFFICEJET. TO FIND OUT MORE: INTRODUCING ePRINT. ONLY FROM HP. Now, HP’s new web connected printers have a unique emailaddressgivingyouthefreedomtoprintfromwherever business happens: if you can
      257 words

  • Page 26 Advertisements
    • 207 26 One touch scanning Retailing atS$299, get yours before 31 March 2011 and receive a free carry case worth S$65? Scanner price is inclusive of GST. Promotion is on a while-stocks-last basis. Solcr Image Scanner- < On the go Now you can digitise documents no matter where you are with the
      207 words

  • PROPERTY
    • 839 27 US$940m deal will make CBRE world’s biggest real estate investment manager Reuters [AMSTERDAM/NEW YORK] CB Richard Ellis Group struck a deal to buy most of the real estate investment management business of Dutch financial company ING Group NV for US$940 million, making it
      Reuters  -  839 words
    • 299 27 Bloomberg [TAIPEI] Taipei’s retail property prices surged to a record in January on expectations that the arrival of more Chinese tourists will boost consumption, according to Taiwan’s biggest real estate brokerage. Sale prices for retail properties in Taiwan’s capital climbed 25 per cent
      Bloomberg  -  299 words
    • 255 28 AUSTRAL View, a smallish apartment project in the Tanjong Rhu area, is up for sale by public tender with a price tag of $88 million, or $1,350 per square foot per plot ratio (inclusive of the 10 per cent balcony area). CB
      255 words
    • 758 28 Issuers turn to outside investors as borrowing curbs at home take effect Bloomberg [BEIJING] Bonds of Chinese property companies are tumbling, suffering their biggest losses in the yuan debt market this year, after China raised interest rates for the third time in four months
      Bloomberg  -  758 words
    • 299 29 Only families with residence permits in Beijing can buy a second home Reuters [BEIJING] Beijing has spelled out stricter rules to restrict purchases of multiple homes in China’s capital, state television reported yesterday, in a bid to rein in soaring property prices.
      Reuters; AFP  -  299 words
    • 280 29 Bloomberg [SHANGHAI] China will release two new indices for home prices and change the survey’s methodology, the National Bureau of Statistics said, as the government is facing pressure to rein in rising property prices. The government will release two indices of
      Bloomberg  -  280 words
    • 1458 30 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Emerald Gdn Apt 24/01/2011 999 936 1480 1581 One Shenton Apt 21/01/2011 99 538
      1,458 words
    • 699 30  -  Meanwhile, some see Capital Sq drawing bids $2,300-$2,400 psf of NLA By KALPANA RASHIWALA MORE office blocks continue to be put on the market for sale. 2 Havelock Road (formerly Apollo Centre) is being marketed by Jones Lang LaSalle through a private treaty
      699 words
  • Page 27 Advertisements
    • 163 27 For Sale by Tender 16 Freehold Strata Warehouse Units Tagore Building Along Tagore Drive, off Upper Thomson Road within “Tagore Industrial Park” Zoned “Business 1” Total strata floor area: approx 37,189 sq ft Selling with existing tenancies Each unit comes with attached toilet/ water supply Mins to/from SLE, CTE, Ang
      163 words
    • 309 27 Lime Grove Mews LONDON W12 0 m m m -r -B Jl n Ml 1 Elegant Apartments and Regency Style Mews in West London 1 Luxury 1 2 bedroom apartments and 4 5 bedroom Regency style mews 1 Private gated development with secure private car parking 1 Roof terrace and
      309 words

  • Page 28 Advertisements
    • 334 28 Engineered security newly completed landmark building with 12 year lease to ASX200 listed company FOR SALE The Gateway Building 59 Albany Highway, Victoria Park, Western Australia Landmark A-Grade building with NLA of 12,717sqm* and 339 car bays Fully leased net income of AUD $5,355,000p.a.* Over 85% leased to ASX200 listed
      334 words
    • 602 28 *<★ > EXHIBITION SEMINARS: HOW TO PROFIT FROM USA REAL ESTATE > Weak USD$ Quality Properties Discounted by up to 72% Already Tenanted, Yields up to 16% Financing Available, Fully Managed Invest in America's #1 retirement vacation destinations Orlando Miami from just USD$55,000 Exhibition Thursday 17th Feb (12pm 9pm) Friday
      602 words
    • 16 28 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Apology Notices WATS I NOTICES 3
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  • Page 29 Advertisements
    • 365 29 Sungei Geylang Sungei Geylang Sandy Island at Sentosa 18 Villas with private berth Land size: 7,307sqft-7,774sqft 5 luxurious bedrooms private lift Car lift basement garage Reanne Leu 9183 3547 Reg No. R*****2B Eric Teng 9687 2720 Reg No. R*****1G Estate Agent Licence No. L*****01G /WK\ JONES LANG LASALLE FOR SALE
      365 words

  • Page 30 Advertisements
    • 232 30 For Sale By Tender District 10 Prestigious Good Class Bungalow at Dalvey Road 2-storey Balinese Designed detached house on elevated land Site Area: approx 15,081 sq ft Tenure: Freehold Within “White House Park” Good Class Bungalow Area, under Master Plan 2008 Total Floor Area: approx 8,680 sq ft Selling with
      232 words