The Business Times, 12 April 2011

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL31313
Total Pages: 56
1 56 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    24 1 THE BUSINESS TIMES S$1 .00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Tuesday, April 12,2011
    24 words
  • Article
    Lock icon ‘It’s like asking: will you stop beating your wife?’
    676 1  -  Bocker’s take on whether SGX will be takeover target now By JAMIE LEE [SINGAPORE] The proposed marriage between Singapore Exchange and ASX which SGX chief executive Magnus Bocker acknowledged had fallen prey to Australian politics is not the last of its
    676 words
  • Article
    Lock icon After long hike, Sing$ faces trickier terrain
    761 1  -  Threat of inflation still lurks, but MAS will also weigh up concerns over instability By EMILYN YAP [SINGAPORE] As Singapore’s economy shook off the effects of the global financial crisis and powered ahead last year, the Monetary Authority of Singapore’s target was clear.
    761 words
  • Article
    Lock icon MARKETS DIGEST
    145 1 H ST INDEX 3,160.44 (-26.87) H ST INDEX FUTURES 3,146.00 (-30.00) H SIMSCI 374.79 (-3.64) H SIMSCI FUTURES 372.00 (-3.90) FOREX US$ S$ US$ (S$ per US$) 1.256 (US$/S$ per 1.633 2.050 EURO (US$/S$/E) 1.446 1.815 Foreign currency per US$ S$ YEN 84.80 67.50 RM 3.020 2.405 HK$
    145 words
  • Page 1 Advertisements
    • Advertisement
      Lock icon Page 1 Advertisements Column 1
      96 1 PAP CANDIDATES Their views on First World Parliament PAGE 15 GLOBAL IPO ACTIVITY SGX ranked third for Q1 PAGE 5 I didn’t realise how tough it is being a developer. If I had known, I may not have become a developer. I would stick to being a banker. Simon Cheong,
      96 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      2 1 *****1 *****4
      2 words
    • Advertisement
      Lock icon Page 1 Advertisements Column 3
      127 1 SPECIAL FEATURE Sea Asia 2011 PAGES 41 44 COMMENTARY DBS pay rules: A model for others? PAGE 49 NARDIN LE LOCLE SUISSE M CP 07 UJ CJl (/y iG <fc i £> 0 z 633 t <5 I A. A52> M <r 2° $3 21 22 bv «Ki- >k W
      127 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      498 2 After long hike, S$ faces trickier terrain MOST private sector economists are expecting MAS to unveil another round of monetary policy tightening this Thursday, as they see inflation as a greater danger than the threat of instability. Rising oil, food and commodity prices, and higher wages from a
      498 words
    • Article, Illustration
      Lock icon Push to ring-fence investment, retail banking in UK
      636 2  -  Banking commission says no need to break up conglomerate banks By NEIL BEHRMANN in London The UK Independent Commission on Banking has recommended that British banks should separate their retail and investment banking divisions to ensure safety for individual and corporate depositors.
      BLOOMBERG  -  636 words
    • Article
      Lock icon NYSE Euronext rejects Nasdaq-ICE takeover bid
      604 2 It says it’ll stand by its merger pact with Deutsche Boerse NYT [NEW YORK] NYSE Euronext announced on Sunday that it would reject an unsolicited takeover bid by its rival, the Nasdaq OMX Group, and the IntercontinentalExchange (ICE), primarily over antitrust concerns. Instead, the
      NYT  -  604 words
    • Article, Illustration
      Lock icon S’pore economy on track despite Japan, M-E crises
      636 4  -  Spike in oil prices will result in higher business cost, says Hng Kiang By CHUANG PECK MING [SINGAPORE] Singapore’s economy is still on track to grow at the projected 4-6 per cent this year and inflation stay relatively tame at 3-4 per
      AP  -  636 words
    • Article
      Lock icon Triable issue emerges in gambling debt lawsuit
      872 4  -  Case hinges on whether there was unsolicited credit By GRACE LEONG [SINGAPORE] Highly questionable. Lacked substance. Defied common sense. These were among the phrases used by High Court Assistant Registrar Shaun Leong Li Shiong to describe several legal arguments presented by Lester Ong
      872 words
    • Article, Illustration
      Lock icon Aussie dollar keeps testing the peaks
      429 4  -  Against Sing dollar, it has gained 15% since May last year to S$1.3252 By EMILYN EMILYN YAP [SINGAPORE] The Australian dollar continued its surge yesterday rising to new highs against the US dollar, Singapore dollar and other Asian currencies as investors piled into the
      429 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      430 2 ESPLANADE PRES E NTS aT OF SACKED MUSIC 15- 17 Apr 2011 of tno <Sufu (Aleppian Sufi Transe) Al Kindi Ensemble featuring Sheikh Habboush Syria "The rhythms are grave and serene, the choruses stirring and the solo improvisations of lute, ney flute and Weiss's own qanun zither is exquisitely beautiful."
      430 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      168 3 PLANNING TOMORROW FOR THOSE WHO THINK ONLY OF TODAY. WEALTH. WHAT'S IT TO YOU? One of the benefits of wealth is that it can help provide a more secure world for you and your family. We offer high levels of service and expertise, focusing on your needs and those of
      168 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      113 4 Special Dim Sum High Tea from $1.80 Special Dim Sum Set Lunch from $88 for 6 persons x.. w. Hong Kong Dim Sam Indulgence An afternoon of dainty delights awaits at Wo Feng. Indulge in a wide selection of Hong Kong dim sum specially created by chef Tarn to please
      113 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      161 4 she likes it soft ...he likes it hard I > V There's no reason they cannot share the same bed! that's because EverRest Waterbeds can be individually tailored to each partner's preferred firmness, without hard uncomfortable central dividers or partitions. Thanks to German precision and ingenuity backed by decades of
      161 words
Page thumbnail Page 5
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Circuit breakers for equity market by early 2012: SGX
      484 5  -  Move comes as exchange woos high frequency traders By JAMIE LEE THE Singapore Exchange (SGX) will implement circuit breakers for the equity market by early next year. This comes as SGX tries to draw high-frequency traders who make up about 30
      484 words
    • Article
      Lock icon Uphill task for parent S-chips to tighten control
      650 5  -  By JOYCE HOOI AS S-chips scramble to meet the Singapore Exchange’s May 31 deadline for shoring up their defences against Chinese subsidiaries gone rogue, directors are coming up against the nitty-gritty of reality. Last month, the exchange asked the audit committees and
      650 words
    • Article
      Lock icon SGX third in global IPO activity for Q1
      389 5  -  By KELLY TAY SINGAPORE has come in third among world exchanges in terms of total capital raised globally, according to Ernst Young’s Q1 2011 Global IPO update. In the first three months of this year, the Singapore Exchange (SGX) raised US$5.6 billion
      389 words
    • Article, Illustration
      Lock icon Tata Chemicals invests in Olam Gabon plant
      509 6  -  Tata Chemicals will pump in US$290m for a 25% stake in the US$1.3b facility By FELDA CHAY OLAM International yesterday announced that Tata Chemicals will pump in US$290 million for a 25.1 per cent stake in the US$1.3 billion ammoniaurea fertiliser plant that
      509 words
    • Article, Illustration
      Lock icon Hedges Park sales to start later this week
      533 6  -  Heeton’s The Boutiq at Killiney Road is also expected to be rolled out this week By KALPANA RASHIWALA TRIPARTITE Developers a joint venture between Singapore’s Hong Leong Group, City Developments, and TID is expected to begin sales later this week for its
      533 words
    • Article, Illustration
      Lock icon Tiger Airways’ passenger tally up 23% at 6m
      393 6  -  By VEN SREENIVASAN TOTAL passenger numbers on Tiger Airways grew 23 per cent to six million in the April 2010-March 2011 year, from 4.9 million passengers in the preceding 12 months. Average load factor for the 12-month period to March 2011 rose
      393 words
    • Article
      Lock icon Yangzijiang lands 6 jobs worth US$214.2m
      186 6  -  By JOYCE HOOI YANGZIJIANG Shipbuilding (Holdings) clinched six shipbuilding contracts worth US$214.2 million last month alone more than half the value of contracts bagged in the last four months of last year. This also means that the group’s first-quarter contract value has pulled ahead
      186 words
    • Article, Illustration
      Lock icon HSBC turns positive on China equities
      556 7  -  By SIOW LI SEN IT’s a good time to invest in China equities because the shift to a more balanced consumption-led economy will lead to sustainable growth, said an HSBC fund manager. Concerns over China’s growth and inflation pressures, which have led to structural
      REUTERS  -  556 words
    • COMPANY BRIEFS
      • Article
        Lock icon Interra JV postpones drilling of new well
        52 7 INTERRA Resources Ltd said that its PEP 167 joint venture has postponed the drilling of a new well (Windermere-3) in Australia to the fourth quarter of this year from the second quarter due to the wet conditions at Otway Basin, near Portland, in
        52 words
      • Article
        Lock icon Midas unit to invest in new plant
        79 7 MIDAS Holdings announced that Luoyang Midas Aluminium Industries Co Ltd, a unit of its aluminium alloy division, will invest 600 million to 650 million yuan in a new plant in Luoyang City, Henan Province, China. The investment will include two aluminium alloy extrusion
        79 words
      • Article
        Lock icon NOL names two new directors
        56 7 NOL Group said that Low Check Kian, chairman, Asia for NewSmith Capital Partners, and Wu Yibing, president of Citic Private Equity Funds Management Co, will join the board on April 14. They will replace directors Simon Israel and Friedbert Malt who will retire from the
        56 words
      • Article
        Lock icon SingTel ups stake in Bharti Airtel
        46 7 SINGAPORE T elecommunications (SingTel) said ts wholly owned subsidiary, Viridian Limited, has purchased 2.83 million shares of Bharti Airtel Limited in the open market for about $26 million. SingTel’s effective interest in Bharti Airtel has increased to 32.25 per cent.
        46 words
    • Article
      Lock icon Citi: 56.9% of Asia ex-Japan firms miss earnings targets
      563 7  -  S’pore firms stand out with 60.3% meeting or beating 2010 estimates By MINDY TAN THERE were more earnings disappointments than surprises from Asia ex-Ja-pan companies for the year 2010. A Citi Investment Research and Analysis report released yesterday said 56.9 per
      563 words
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      254 5 Opens Tomorrow! 13 15 April 2011 Halls 401 403, Level 4, Suntec Singapore Co-located with: Smart Technologies for Your Business 8,000 trade attendees Over8,000sqm of exhibition space 200 exhibitors from 20 countries/regions More than40 FREE on-floor seminars 8 synergistic co-located trade events 1 mega joint plenary session on 13 April
      254 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      142 5 Serviced Offices A cost effective Serviced Office solution Best address, best receptionist, best IT and support Flexible lease terms starting from one month For less than the cost of a secretary We help businesses succeed W servcorp.com.sg Or Google "Servcorp' BSERVCORP Servcorp Virtual Offices The most professional business image from
      142 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      2594 6 NOTICES BUY IT-SELL IT-FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg ITE ELECTRIC CO LTD (Incorporated in the Republic of Singapore) Registration No. *****1457Z NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ("AGM") of the Company will be held at Republic of Singapore Yacht Club,
      2,594 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      92 7 Investment Singapore's No.1 CFD provider for customer satisfaction. IG Markets ranked first for overall customer satisfaction.* Clients praised our value for money and tight spreads. We also ranked first for our easy-to-use platform and professional charts. Find all you need to get started at igmarkets.com.sg or call 6390 5118 CFD
      92 words
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Prices correct amid thinning volume
      553 8  -  Most active stocks include Golden Agri, Genting Singapore, Dyna-Mac and HPT STOCKS R SIVANITHY Senior Correspondent GIVENthattheStraits Times Index (STI) had gained 252 points or about 9 per cent in the 15 sessions prior to the start of trading yesterday, a correction of sorts could
      Source: Bloomberg  -  553 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 8 Apr 11 VALUE CLOSE BT OB/OS 587.00 -49.00 BT CADI -*****.00-140.00 BT 10-day MA -*****.00 +59.00 FTSE ST Mid Cap 777.96 -5.22 FTSE ST Small Cap 562.53 -5.63 FTSE ST All Share 779.22 -6.48 FTSE ST China Top 282.72 -2.03 FTSE ST China 309.24 -2.15 FTSE ST
      65 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 11 1 0 0 0 3 11 1 Manufacturing 24 81 68 4 2 11 28 83 79 Commerce 13 20 26 4 2 4 17 22 30 Tpt/Stor/Comms 6 20 16
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      120 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 50,471 50,471 102,738 102,738 Manufacturing 240,853 16,709 257,562 259,001 1,355 260,356 Commerce 92,758 18,232 110,990 104,281 2,034 106,315 Tpt/Stor/Comms 164,288 4,005 168,293 247,095 551 247,646 Finance 28,889 28,889 181,701 181,701 Construction 37,111 2,207 39,318 11,600
      120 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Cosco Corp
        240 8 April 11 close: $2.25 DBS GROUP RESEARCH, April 11 SEVAN Drilling has set its indicative price range and is scheduled to commence trading on the Oslo Stock Exchange on April 29. We believe that the smooth progress of Sevan Drilling’s listing will help Cosco Corp finalise its recent
        Source: Bloomberg  -  240 words
      • Article, Illustration
        Lock icon CapitaLand
        429 8  -  April 11 close: $3.44 OCBC INVESTMENT RESEARCH, April 11 Compiled by CONRAD TAN LAST week, we visited two CapitaLand residential projects in China the Paragon (Shanghai) and the Beaufort (Beijing). The Paragon is a high-end development in the prime Luwan Changle district, consisting of four towers with an estimated
        Source: Bloomberg  -  429 words
      • Article
        Lock icon Glossary:
        122 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,
        122 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 8 Stock name Close Change CapMallsAsia 1.880 CapitaLand 3.440 -0.060 CapitaMall 1.870 -0.010 CityDev 11.700 -0.060 ComfortDelGro 1.550 DBS Grp 14.620 -0.180 F&N 6.230 -0.020 GLP 1.970 -0.030 Genting SP 2.120 -0.040 Golden Agri 0.725 -0.005 HK Land 7.050 +0.030 JMH 45.800 JSH 28.080 +0.100 Jardine C&C
      110 words
    • Article, Illustration
      Lock icon Dollar buoyed after US avoids shutdown
      359 8 CURRENCIES AFP [TOKYO] The US dollar rallied in Asian trade before easing yesterday after Washington avoided a government shutdown by agreeing to cut around US$38.5 billion from federal spending, dealers said. The news was “positive for the dollar”, said Yuichiro Harada, senior vice president
      AFP  -  359 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 8 VOLUME Golden Agri 75,887,000 HPH Trust US$ 67,735,000 Genting SP 56,883,000 AusGroup 49,543,000 Dyna-Mac 44,049,000 Biosensors 37,500,000 Gallant 30,767,000 NexGenSCom 29,930,000 JiutianC 22,040,000 *Genting HK US$ 21,839,000 VALUE($) Genting SP 120,999,900 HPH Trust US$ 85,940,700 CapitaLand 71,038,780 Wilmar 62,208,440 Keppel Corp 55,705,500 Golden Agri 55,322,135 UOB 55,200,842
      58 words
    • Article
      Lock icon RISES
      112 8 BY CENTS CLOSE UP DBXT DBCBLEB 10US$ 2460 170.7 5.9 GLD 10US$ ***** 42.7 0.2 DBXT FTChina25 10US$ 3372 36.4 0.9 DBXT S&P Short 10US$ 4226 26.4 0.5 SGX.ES.1104 839 23.0 2.8 Lyxor EmergingMkts 1 1216 21.3 1.4 CombWill 100 320 20.0 6.7 DBXT FTVietnam 10US$ 3353 16.3 0.4
      112 words
    • Article
      Lock icon FALLS
      127 8 BY CENTS CLOSE DOWN DBXT AUD Bonds 5AU$ ***** -71.6 -0.3 DBXT Nifty 10US$ ***** -66.5 -0.4 Jardine C&C 3698 -56.0 -1.5 STXPO 100 1128 -40.0 -3.4 DBXT MSTHAI 10US$ 1733 -30.1 -1.4 DBXT MSTaiwan 10US$ 2003 -25.1 -1.0 Keppel Corp 1250 -22.0 -1.7 Lyxor Malaysia 10US$ 956 -21.3
      127 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      2680 9 VASHION GROUP LTD. (Incorporated in the Republic of Singapore) Registration No. *****6220H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Jurong Country Club, Ficus I, Level 2, 9 Science Centre Road Singapore *****8 on Thursday, 28 April
      2,680 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      3327 9 EZION HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4364E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ezion Holdings Limited (“the Company”) will be held at No. 87 Science Park Drive, Science Hub, Portsdown Room Level 1, Singapore Science
      3,327 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Lock icon Page 10 Advertisements Column 1
      5109 10 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg OCEANINTERNATIONALHOLDINGSLIMITED (Incorporated in the Republic of Singapore) Company Registration Number *****3240W NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Heritage, Level 2 (Lobby)
      5,109 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      1982 11 CEREBOS PACIFIC LIMITED (Incorporated in Singapore) (Registration No *****4186H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Ninth Annual General Meeting of the Company will be held at Grand Copthorne Waterfront Hotel, Riverfront Ballroom, Level 2, 392 Havelock Road, Singapore *****3 on Wednesday, 27 April 2011 at
      1,982 words
    • Advertisement
      Lock icon Page 11 Advertisements Column 2
      2243 11 BBR HOLDINGS (S) LTD (Incorporated in the Republic of Singapore) Company Registration No. *****4349M NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of BBR HOLDINGS (S) LTD (the “Company”) will be held at 50 Changi South Street 1, BBR Building, Singapore *****6 on
      2,243 words
Page thumbnail Page 12
  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Business as usual with five bills passed in Parliament
      558 12  -  Bills to raise deposit insurance, safeguard conveyancing funds among those passed By CHUANG PECK MING IT was seen to be the last sitting before the general election is called, but it was business as usual in Parliament yesterday as it passed
      558 words
    • Article
      Lock icon Yale-NUS College ‘can blossom and grow’: PM Lee
      350 12 THE Singapore government “stands firmly behind” the new Yale-NUS College, Prime Minister Lee Hsien Loong said yesterday. While there may understandably be complications at the start, given how Singapore’s social and political context differs from America’s, Mr Lee said he believes Singapore
      350 words
    • Article
      Lock icon Polytechnic projects receive $2.55m grant
      257 12  -  By REBECCA LIU SINGAPORE’s five polytechnics will be getting $2.55 million in grants to work on translating research from local universities, institutes, and the polytechnics themselves into commercial products. The National Research Foundation (NRF), in collaboration with Singapore’s five polytechnics, yesterday launched NRF’s Translational Research
      257 words
    • Article
      Lock icon Piling work on Motorsports Hub remains in limbo
      459 12  -  By NISHA RAMCHANDANI THE brakes, it seems, are still in place. Piling work at the Changi Motorsports Hub site has not started back up as foundation specialist CSC Holdings has yet to receive the balance of the outstanding progress payment owed by
      459 words
    • Article
      Lock icon Towards a healthy lifestyle through community clubs
      181 12 THE Health Promotion Board (HPB) launched yesterday its pilot project to develop Health Promoting Community Clubs (HPCCs) with the aim of promoting an environment conducive for Singaporeans to lead a healthy lifestyle. The pioneer HPCC has been established at the Bukit Timah Community
      181 words
    • Article, Illustration
      Lock icon Multi-party systems divisive: new PAP faces
      822 15  -  PAP’s newest faces weigh Workers’ Party vision of “First World Parliament” Reports by TEH SHI NING THE three newest candidates fronted by the ruling People’s Action Party yesterday weighed in with their views on whether Singapore should move towards the Workers’ Party’s vision of
      822 words
    • Article
      Lock icon ‘Resilience DNA’ key to surviving crises
      463 15  -  Absence of crises has not weakened S’pore: DPM Wong By LEE U-WEN MUCH like how the Japanese are displaying their survival instincts and maturity in the aftermath of last month’s earthquake and tsunami twin disaster, Singapore too must strengthen its own “resilience DNA” to
      463 words
    • Article
      Lock icon Back2Work brings 9,400 women back to workforce
      293 15  -  This year, their target is to place 3,000 women back into the workforce By MAXIE AW YEONG IN just over three years, 9,400 women have been brought back into the workforce by the NTUC Women’s Development Secretariat’s (WDS) Back2Work with U (B2W) Programme.
      293 words
    • Article, Illustration
      Lock icon No ‘groupthink’ in policy making, says Lim Boon Heng
      609 15 THERE is no groupthink in policy making here, an emotional People’s Action Party chairman Lim Boon Heng said yesterday. Raising the issue of casinos, a subject of heated debate back in 2005, as an instance of differing views within the party,
      NG SOR LUAN/THE STRAITS TIMES  -  609 words
    • Article
      Lock icon Citibank targets emerging affluent segment
      320 15  -  It says S’pore has 1.4-1.6m emerging affluent people By KELLY TAY CITIBANK Singapore yesterday launched a new personal banking proposition to target the country’s emerging affluent segment which Citibank defines as people who own investible assets of between $10,000 and $200,000. At first glance, that
      320 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      2792 12 BUY IT-SELL IT-FIND IT :*ATci ir" F Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES LUYE PHARMAGROUP LTD. (Company Registration No. *****) (Incorporated in Bermuda with limited liability) NOTICE OFANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Luye Pharma Group Ltd. (“the Company”) will be held at
      2,792 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      2805 13 CHINA ENERGY LIMITED (Company Registration No. *****0060K) (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA ENERGY LIMITED (“the Company”) will be held at M Hotel, Shenton Room, 81 Anson Road, Singapore *****8 on 29 April 2011
      2,805 words
    • Advertisement
      Lock icon Page 13 Advertisements Column 2
      2945 13 OTTO MARINE LIMITED (Incorporated in the Republic of Singapore) (UEN: *****2647M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-First Annual General Meeting of Otto Marine Limited (the “Company”) will be held at Libra Gemini, Level 1, Marina Mandarin Singapore, 6 Raffles Boulevard, Marina Square, Singapore *****4,
      2,945 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      3700 14 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Overseas Union Enterprise Limited Company Registration No. *****0050E NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Forty-Eighth Annual General Meeting of Overseas Union Enterprise Limited (the “Company”) will be held at Mandarin Orchard Singapore,
      3,700 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      20 14 Prepare for a Bull Run Call 1800 289 8822 or e-mail notices@sph.com.sg to place your AGM EGM Notices MATSY NOTICES
      20 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      70 15 r W -J7 :iir. Swiss quality also stands for innovation. Ensuring your success with global mailings. Swiss Post offers you cross-border mailing 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
      70 words
Page thumbnail Page 16
  • Inc
    • Article
      Lock icon Ausgroup leads small cap gains
      466 16  -  By TEH HOOI LING AUSGROUP is the star of our small cap portfolio in the five trading sessions to yesterday, surging by a whopping 22 per cent. Compared with two weeks ago, it’s up by some 50 per cent. Last week, the company said it
      466 words
    • Article, Illustration
      Lock icon JustCommodity gets $5.6m shot in the arm
      624 16  -  This will enable the firm to enter new markets in Europe, the Middle East, and the Americas, reports LINETTE LIM reports LINETTE LIM HOMEGROWN commodity trading software provider JustCommodity Software Solutions has received a funding boost of $5.6 million from a group of
      624 words
    • Article
      Lock icon Touched by an angel
      1341 16 Having a robust business plan goes a long way in helping start-ups attract business angels and venture COMMENTARY The writer is regional director, ICAEW South East Asia By MARK BILLINGTON FCA SINCE the global financial crisis, Singapore has led the way in South-east Asia in rebuilding
      1,341 words
    • Article, Illustration
      Lock icon Trouble at family mill? Call in ‘CEO’
      856 18  -  Family-owned companies need to be run with emotional as well as professional leadership, says NICHOLAS BRAY NICHOLAS BRAY The writer spent a formative part of his career as a journalist on the staff of ‘The Wall Street Journal’ during the 1980s and 1990s.
      BLOOMBERG  -  856 words
    • Article, Illustration
      Lock icon What’s behind irregular price movements?
      624 18  -  ASK NUS PROFS Joseph Cherian Department of Finance Q: I have recently started buying stocks on the SGX, and I find it puzzling that the stock price movements are typically not moving in tandem with announcements from the company or news releases on the company.
      Source: Yahoo Finance, Bloomberg News  -  624 words
    • Article, Illustration
      Lock icon Going the distance
      807 20  -  Wedding Concierge tries to fulfil its clients’ wishes no matter how quirky, reports JERMAINE NG reports JERMAINE NG IMAGINE flying in one of the top Sri Lankan bands to entertain 400 guests at a wedding, setting up a large draped tentage and giant lighted helium balloons, specially
      ARTHUR LEE  -  807 words
    • Article, Illustration
      Lock icon A progressive way to improve construction work
      471 20  -  By CHEN HUIFEN EVEN before the government urged Singapore’s construction industry to upgrade and raise its productivity level, Progressive Builders Pte Ltd had already started thinking about making better use of its labour resources. Managing director Ng Yek Meng told The SME Magazine
      ARTHUR LEE  -  471 words
    • Article
      Lock icon Sharing their success stories
      271 20 FRESHLY minted Businessman of the Year Chia Kim Piow may have only a secondary education, but that did not stop him from dreaming big. “The important thing is that we grew. We grew step by step. Every time we (are presented with) an opportunity, we grab
      271 words
    • Article, Illustration
      Lock icon Mobile ad platform helps boost walk-in traffic
      576 21  -  Chalkboard notifies consumers of daily specials, promotions and product launches By HOON YI SHYUAN FOR a mere 99 cents a day, businesses can attract more customers. That is the main idea behind Chalkboard, a mobile and Web advertising platform that allows business owners
      YEN MENG JIIN  -  576 words
    • Article, Illustration
      Lock icon The service innovator
      740 21  -  SQ Centre aims to provide the tools and training to cultivate creativity, writes KELLY TAY writes KELLY TAY IT IS A commonly-held notion that creativity cannot be learned one is either born an innovator, or one simply is not. Chief executive officer of TÜV SÜD PSB Learning
      740 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      103 17 We hear the ground. We are ready to lead. 0 uW e pav IT'S IN THE BAG With our secured digital data vault •otelPffjl NO SALARY DEBATE with our payroll HR systems ,u<J" oNS ROSETTA GROUP NO MONEY POLITICS with our e-Commerce offering] NO MISUSE NO ABUSE With Our ac
      103 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      2879 18 CENTRALAND LIMITED (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CentraLand Limited (the “Company”) will be held at Raffles City Convention Centre, Enterprise Room, 80 Bras Basah Road, Singapore *****0 on Wednesday, 27 April 2011, at 10:00 a.m. for the
      2,879 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      126 19 SOLUTIONS t Coresoft eFUSION D| 9jt3L i Yellow Pages ONLINE SOLUTIONS MADE EASY Be what's next 09 v "<» w* h you now aM .*<«*" pay ShowNearbif ROSETTA GROUP it StarHub street DB. Introducing SOLUTIONS For as little as $1 a day, we're behind SMEs all the way. Solutions. That's
      126 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      2432 20 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg JIUTIAN CHEMICAL GROUP LIMITED JIUTIAN CHEMICAL GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: *****5416H) NOTICE OF THE SIXTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Sixth Annual General Meeting of the Company will be held at M
      2,432 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      1081 21 :*ATci NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg |"``/-*+}!+%|~|)<^,])=+--<`(?`* The Straits Trading Company Limited (A member of The Tecity Group) (Company No.: *****0008D) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of members of The Straits Trading Company Limited (the "Company" will
      1,081 words
Page thumbnail Page 22
  • ECONOMY WATCH
    • Article
      Lock icon High GDP growth not enough to cut cycle of violence: report
      475 22 World Bank cites access to jobs, security and justice as the right way Reuters [WASHINGTON] A new World Bank report, challenging a view long embraced by global institutions, says that high economic growth alone cannot reduce the poverty and
      Reuters  -  475 words
    • Article, Illustration
      Lock icon Stiglitz says new global reserve currency needed
      447 22 Bloomberg [NEW YORK] The world economy needs a new global reserve currency to help prevent trade imbalances that are reflected in the national debt of the US, said Nobel-prize winning economist Joseph Stiglitz. A “global system” is needed to replace the US dollar
      Bloomberg; AP FILE PHOTO  -  447 words
    • Article
      Lock icon Unrest in Mid-east, N Africa seen hurting growth
      341 22 AFP [WASHINGTON] Unrest in the Middle East and North Africa is putting the brakes on economic growth in a region that had been expected to show accelerated recovery this year, the World Bank said on Sunday. Justin Lin, the World Bank’s chief
      AFP  -  341 words
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      3181 22 +&_/^'$^@?]<[+*.-$^+[)+{"@&$^&_ LORENZO LORENZO INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****8277C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of the Company will be held at 27 Kaki Bukit Place, Eunos Techpark, Singapore *****5 on 29 April 2011 (Friday)
      3,181 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      2882 23 BUY IT• SELL IT• FIND IT BEATS ~vnr^s Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES DMX TECHNOLOGIES GROUP LIMITED (Incorporated in Bermuda on 29 October 2001) (Company Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of DMX
      2,882 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 2
      2875 23 SARIN TECHNOLOGIES LTD. (Incorporated in Israel) Israel Registration No. 51 *****07 N O TI C E O F ANNUAL G ENERAL MEETIN G NOTICEISHEREBYGIVENTHATtheAnnualGeneralMeetingoftheCompanywillbeheldattheofficesofEyalKhayat,Zolty,Neiger &Co.,LawOffices, 9 Hamenofim Street,Eleventh Floor Herzliya Pituach,Israel [See Explanatory Note (a)] on the 27th day ofApril 2011 at 10.00A.M.Israel time (3:00 PM Singapore time) to transact
      2,875 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      4521 24 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg WANXIANG INTERNATIONAL LIMITED (Registration No. *****2962C) (Incorporated in the Republic of Singapore) WANXIANG I N T E R N A T I O N A L NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVENTHAT the Annual
      4,521 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      3629 25 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg HLNTECHNOLOGIES LIMITED Incorporated in Singapore on 26 February 2004 (Registration Number: *****2180C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2011 Annual General Meeting of the members of the Company will be held at
      3,629 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      5153 26 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg OLD CHANG KEE LTD. (Incorporated in the Republic of Singapore on 16 December 2004) (Company Registration No. *****6190W) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be
      5,153 words
Page thumbnail Page 27
  • MALAYSIA/INDONESIA
    • Article
      Lock icon AirAsia: Winning analysts’ trust
      638 27  -  Its biggest advantage lies in its relative imperviousness to jet fuel prices, they say By S JAYASANKARAN in Kuala Lumpur AS Malaysian corporates and government agencies prepare to strut their stuff at the annual Invest Malaysia 2011 forum to be held in Kuala Lumpur today, one
      638 words
    • Article
      Lock icon Exports drive gain in Malaysia’s output
      224 27 Bloomberg [KUALA LUMPUR] Malaysia’s industrial production growth accelerated in February as manufacturers and power companies increased output. Production at factories, utilities and mines rose 5 per cent from a year earlier after gaining a revised 0.5 per cent in January, the Pu-trajaya-based statistics department
      Bloomberg  -  224 words
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      3710 27 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. LHT HOLDINGS LIMITED Company Registration Number: *****3094E (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of LHT Holdings Limited ("the Company") will be held at 27 Sungei Kadut Street 1 Singapore
      3,710 words
Page thumbnail Page 28
  • GREATER CHINA
    • Article
      Lock icon Inflation is key risk as China sees surge in trade
      712 28 Both exports and imports strengthen, interest rate hikes in the pipeline Bloomberg [BEIJING] China’s fast-er-than-expected growth in exports and imports last month may allow Premier Wen Jiabao to strengthen his fight against inflation, which probably exceeded his target for the
      Bloomberg  -  712 words
    • Article, Illustration
      Lock icon China could have tamed inflation via yuan: Soros
      528 28 Bloomberg [NEW YORK] China’s decision to keep its currency weak has caused the government to lose control of inflation and risks fuelling wage-price gains, billionaire investor George Soros said. While the policy helped insulate China from the financial crisis in 2008, the
      Bloomberg; AFP  -  528 words
    • Article
      Lock icon Chinese officials deny changing carbon output
      515 28 A report claims they did so, to maximise UN carbon credits Bloomberg [LONDON] Chinese environment officials have rejected claims in a document indicating that some chemical factories may have adjusted output levels to maximise United Nations carbon credits, defying market rules. Among 11 chemical
      Bloomberg  -  515 words
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      2491 28 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg c COMPACT METAL INDUSTRIES LTD 9 r Company Registration No. *****0009H LOmpaCt (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Sixth Annual General Meeting of Compact Metal Industries Ltd (the "Company") will be held
      2,491 words
Page thumbnail Page 29
  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Industrial output unusually slow
      646 29 But deceleration won’t prevent central bank from raising interest rates Bloomberg [NEW DELHI] India’s industrial production growth unexpectedly slowed in February, a deceleration that may not prevent the central bank from raising interest rates further. Output at factories, utilities and mines rose 3.6 per cent from
      Bloomberg; REUTERS  -  646 words
    • Article
      Lock icon Oil exploration companies’ borrowing costs double
      495 29 Bloomberg [MUMBAI] India’s failure to secure oil supplies for the world’s second fastestgrowing major economy has caused relative borrowing costs for its exploration companies to double. Yields on nine-year bonds of ONGC Videsh Ltd, the overseas unit of India’s biggest explorer, have risen to
      Bloomberg  -  495 words
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      3697 29 »AT>i <3* NOTICES BUY IT-SELL IT-FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg ARA ASSET MANAGEMENT LIMITED (Incorporated in Bermuda) (Company Registration No. *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ARA ASSET MANAGEMENT LIMITED (the “Company”) will be held at Room 325
      3,697 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      1553 30 THE SME MAGAZINE PRESENTS BUSINESSRECOVERY WHEN MARKET CONDITIONS CHANGE Chia Kim Piow Chairman Managing Director Rotary Engineering Limited, Businessman of the Year Singapore Business Awards The Singapore Business Awards Businessman of the Y ear and Enterprise winner will share with SMEs how to react to changing market conditions brought about
      1,553 words
    • Advertisement
      Lock icon Page 30 Advertisements Column 2
      3029 30 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg A^TI ASTI HOLDINGS LIMITED (Company Registration No. *****1514C) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ASTI Holdings Limited ("the Company") will be held at Blk 25, Kallang Avenue, #06-01,
      3,029 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      5145 31 :*ATci BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg s& '•'development developments SC GLOBAL DEVELOPMENTS LTD (Company Registration Number: *****2459K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Third Annual General Meeting of SC Global Developments Ltd will be held at 2.30 p.m. on Thursday,
      5,145 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Lock icon Page 32 Advertisements Column 1
      5120 32 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ACTION ACTION ASIA LIMITED faij fah'iH Act.m (Incorporated in the Republic of Singapore Company Registration No. *****6715M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2011 Annual General Meeting (the "Meeting") of ACTION ASIA
      5,120 words
Page thumbnail Page 33
  • WORLD
    • Article, Illustration
      Lock icon Australia’s aim for top spot in LNG exporting hits snags
      480 33 It is likely to take longer and cost billions of dollars more than forecast Reuters [PERTH] Australia’s ascent to top spot in the global league of liquefied natural gas exporters is likely to take longer and cost billions of dollars
      Reuters; BLOOMBERG  -  480 words
    • Article
      Lock icon UK bank regulator cranks up fines to record £97m
      405 33 Bloomberg AFP [LONDON] Britain’s financial regulator tripled the amount of fines it levied to a record high £97 million (S$200 million) for the fiscal year ended in March, a London law firm said. The Financial Services Authority’s fines against companies or
      Bloomberg; AFP  -  405 words
    • Article
      Lock icon NZ may cap foreign ownership of gencos
      253 33 Bloomberg [WELLINGTON] New Zealand may limit overseas ownership of state-run energy companies if it proceeds with share sales after November’s election, making the assets more attractive to local investors. The government is considering “the possibility of using restrictions on foreign ownership or significant
      Bloomberg  -  253 words
    • Article, Illustration
      Lock icon Bond market big winner in battle over US budget
      649 34 With lawmakers out to trim deficit, US would not be selling so much debt Bloomberg [NEW YORK] The big winner in the battle over the US government budget may be the bond market, as investors say for the first time since
      Bloomberg  -  649 words
    • Article
      Lock icon Fed: Global regulators can’t be complacent
      332 34 Reuters [CHICAGO] Requiring systemically important banks to hold extra capital is just one of many steps regulators must take to make the world financial system safer, a top Wall Street regulator said yesterday. With memories of the 2007-2008 financial crisis already fading, some banks
      Reuters  -  332 words
    • Article
      Lock icon Intel gearing up to enter smartphone arena
      593 35 Difficulty for Intel has been to get its chips’ power consumption down NYT [NEW YORK] With an “Intel Inside” sticker affixed to their PCs, computer buyers in the 1990s could hardly avoid knowing whose microchip was making their machines work. The campaign made
      NYT  -  593 words
    • Article
      Lock icon Level 3 to acquire Global Crossing in US$2b deal
      496 36 Level 3 says it welcomes ST Telemedia as a significant investor AP Bloomberg [NEW YORK] Level 3 Communications Inc said yesterday that it will acquire long-distance Internet carrier Global Crossing, whose largest shareholder is Singapore Technologies Telemedia, a company in the
      AP; Bloomberg  -  496 words
    • Article, Illustration
      Lock icon Heads must roll at Renault: French govt
      385 36 AFP [PARIS] The French government, which owns a 15-per cent stake in Renault, said yesterday those responsible for an embarrassing industrial espionage debacle at the “dysfunctional” car-maker should be sacked. “If mistakes have been made, those who are responsible must go if the
      AFP  -  385 words
    • Article
      Lock icon Germany, US leading global recovery: OECD
      306 36 Growth outlook for major economies is improving in general Reuters [PARIS] The growth outlook for major industrialised economies is improving with Germany and the US leading the recovery, the OECD’s leading indicator for February showed yesterday. The Paris-based Organisation for Economic Co-op-eration and Development
      Reuters  -  306 words
    • Article, Illustration
      Lock icon BHP denies eyeing Shell’s Woodside stake
      485 37 UK paper says that BHP is also set to make a A$46b takeover of the firm Bloomberg [SYDNEY] BHP Billiton, the world’s largest mining company, has doused speculation that it plans to buy Royal Dutch Shell’s stake in Woodside Petroleum and make a A$46
      Bloomberg; BLOOMBERG  -  485 words
    • Article
      Lock icon San Miguel to raise US$850m from share sale
      488 37 It will use the proceeds to boost working capital Bloomberg [MANILA] San Miguel Corp, the Philippines’ biggest food and beverage maker, and an investor may raise US$850 million selling shares and convertible bonds. San Miguel will use its share of the proceeds
      Bloomberg  -  488 words
    • Article, Illustration
      Lock icon US businessman agrees to take over Arsenal
      533 38 Deal values the club at £731 m, as his stake rises from 29.9% to 62.89% AP Bloomberg [LONDON] American businessman Stan Kroenke has agreed to a full takeover of Arsenal that values the Premier League club at £731 million (S$1.5 billion) and should
      AP; Bloomberg  -  533 words
    • Article
      Lock icon France’s ban on face veil takes effect
      422 38 But police fear that it will be impossible to enforce the new law AFP [PARIS] Police in France, home to Europe’s biggest Muslim population, arrested two protesters wearing niqab veils yesterday after a ban on full-face coverings went into effect. The women, part
      AFP  -  422 words
    • Article
      Lock icon Japan firm picks Korean peer as preferred buyer
      246 38 Bloomberg [TOKYO] Takefuji Corp, the bankrupt Japanese consumer finance company, said South Korea’s A&P Financial Co was selected as the preferred bidder to acquire the lender. Takefuji’s court-appoin-ted lawyers will start talks towards asking the Seoul-based company to become the lender’s sponsor
      Bloomberg  -  246 words
    • Article
      Lock icon Japan’s northeast jolted by strong quake
      548 39 More people living near Fukushima nuclear plant told to leave the area AP [SENDAI] A strong new earthquake rattled Japan’s northeast yesterday as the government urged more people living near a tsuna-mi-crippled nuclear plant to leave, citing concerns about long-term health risks from radiation.
      AP  -  548 words
    • Article, Illustration
      Lock icon South African wins Augusta Masters with 4 straight birdies
      482 39 His final putt was the best closing round in 22 years AP [AUGUSTA] Charl Schwartzel of South Africa closed with four straight birdies on Sunday to win the Masters over a pair of Australians in one of the most dramatic finishes
      AP; REUTERS  -  482 words
    • Article, Illustration
      Lock icon Moral hazard ‘looms larger than before’: Soros
      604 40 Paul Volcker challenges notion big firms wouldn’t be allowed to collapse Bloomberg [NEW YORK] Moral hazard in the financial system “looms larger than ever before”, even after the Dodd-Frank law gave US federal agencies tools to regulate institutions that may be deemed too
      Bloomberg  -  604 words
  • Page 33 Advertisements
    • Advertisement
      Lock icon Page 33 Advertisements Column 1
      42 33 Tuck into THE GREAT outoockCHARITY CEO Feast on great hawker fare prepared personally by S’pore’s top bosses Feel good because all proceeds go to charity When: Every Friday (7-10pm) Where: Food Republic Beer Garden at St James Power Station the new paper
      42 words
    • Advertisement
      Lock icon Page 33 Advertisements Column 2
      9 33 FIND®®! UNDERCOVER UNCLE WIN $2500 CASH! I A k
      9 words
    • Advertisement
      Lock icon Page 33 Advertisements Column 3
      2103 33 ESOURCES FIRST RESOURCES LIMITED (Company Registration No. *****5931M) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of First Resources Limited ("the Company") will be held at Suntec Singapore International Convention and Exhibition Centre, Meeting Room 201, Level 2,
      2,103 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Lock icon Page 34 Advertisements Column 1
      3330 34 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. ISDN HOLDINGS LIMITED (Incorporated in the Republic of Singapore Company Registration No. *****6788Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ISDN HOLDINGS LIMITED (the “Company”) will be held at 105 Tampines Road #06-06 Wing Tai
      3,330 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Lock icon Page 35 Advertisements Column 1
      23 35 BT 12-04-2011 Can S'pore shake HK's status as ofshore RMB centre? 新能香离 To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      23 words
    • Advertisement
      Lock icon Page 35 Advertisements Column 2
      1056 35 UNITED ENGINEERS LIMITED (Company Registration No. *****0018G) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninety-Seventh Annual General Meeting of United Engineers Limited (the “Company”) will be held at The Auditorium, 12 Ang Mo Kio Street 64, UE BizHub CENTRAL, Singapore *****8 on Friday,
      1,056 words
    • Advertisement
      Lock icon Page 35 Advertisements Column 3
      2212 35 NOTICES BUY IT- SELL IT- FIND IT NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Falcon Room, Level 3, Laguna National Golf Country Club, 11, Laguna Golf Green, Singapore *****7, on Thursday, 28 April 2011 at 3.00 p.m. for the following purposes:AS
      2,212 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Lock icon Page 36 Advertisements Column 1
      3184 36 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg RADIANCE GROUP LIMITED (Incorporated in Singapore) (Co. Reg. No: *****2428H) NOTICE IS HEREBY GIVEN that the Annual General Meeting of RADIANCE GROUP LIMITED (the "Company" will be held at Suntec Singapore International Convention Exhibition Centre, Meeting Room 307, Level 3, 1 Raffles Boulevard,
      3,184 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Lock icon Page 37 Advertisements Column 1
      2238 37 MATS L IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg LAFE CORPORATION LIMITED (Incorporated in Bermuda) (Company Registration Number *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the ANNUAL GENERAL MEETING (“AGM”) of Lafe Corporation Limited (the “Company”) will be held at Concorde 3, Level 3, Concorde
      2,238 words
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Lock icon Page 38 Advertisements Column 1
      2955 38 WATS BUY IT-SELL IT- FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg REYPHON REYPHON AGRICEUTICAL LIMITED Company Registration Number *****3997H (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Reyphon Agriceutical Limited (the “Company”) will be held at
      2,955 words
    • Advertisement
      Lock icon Page 38 Advertisements Column 2
      19 38 Discover Greener Pastures Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Change of Address Notices SATS NOTICES
      19 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Lock icon Page 39 Advertisements Column 1
      2696 39 STRACO CORPORATION LIMITED Registration Number *****3482R (incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Amara Singapore, 165 Tanjong Pagar Road, Singapore *****9 on 27 April 2011 at 10.00 a.m. to transact
      2,696 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Lock icon Page 40 Advertisements Column 1
      3391 40 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. FOOD EMPIRE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****1282G) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Food Empire Holdings Limited (“the Company”) will be held at River View Hotel, Lily Ballroom,
      3,391 words
Page thumbnail Page 41
  • SEA ASIA 2011
    • Article, Illustration
      Lock icon Keeping Singapore on course
      1160 41  -  Raising the int’l profile of the S’pore maritime sector is one of the key focuses of the Singapore Maritime Foundation, reports VINCENT WEE reports VINCENT WEE SINGAPORE is playing a pivotal role at the heart of the burgeoning Asian shipping scene. As the private sector-led champion
      1,160 words
    • Article, Illustration
      Lock icon Zhoushan zooming ahead
      682 42  -  Trade and economic contacts between Singapore and the Chinese province have been steadily growing, reports VINCENT WEE reports VINCENT WEE ONE of the best examples of the rise in Asian shipping that Singapore is becoming a party to, is the growing relationship between Singapore and the Chinese
      682 words
    • Article, Illustration
      Lock icon One-stop shop for maritime legal services
      868 43  -  The Ince Law Alliance offers clients Singapore law advice and representation in Singapore court proceedings and arbitrations, reports VINCENT WEE reports VINCENT WEE THE Singapore maritime law scene is buzzing as firms start to build up capabilities alongside the growth in available work due
      868 words
    • Article
      Lock icon Arbitration work set to take off here
      405 43  -  By VINCENT WEE ONE important component in the development of Singapore as a maritime legal centre is the growth of arbitration work here. Changes at the Singapore Chamber of Maritime Arbitration (SCMA) in 2009 have led to an increase in the number of
      405 words
    • Article, Illustration
      Lock icon Shifting to digital navigation
      1261 44  -  The industry will have to prepare itself for new environmental regulations by embracing technology developments, reports VINCENT WEE reports VINCENT WEE THE shipping world is rapidly becoming more high-tech and both regulators and service providers see an urgent need to keep pace with the advancements to
      1,261 words
  • Page 41 Advertisements
    • Advertisement
      Lock icon Page 41 Advertisements Column 1
      167 41 Incisive An alliance with a difference If you’d like to know more about how the Ince Law Alliance can help your business, please contact us. An alliance that combines the international expertise of Ince Co with a hand-picked team of Singapore lawyers. Provides our clients with a ‘one-stop’ solution for
      167 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Lock icon Page 42 Advertisements Column 1
      301 42 Principal Sponsors DnBNOR Organisers EXECUTIVE SHIP MANAGEMENT 12-14 April 2011 Marina Bay Sands 3 Singapore Seatrade Singapore Maritime v Foundation In Print (V At Events THE ASIAN VOICE IN WORLD SHIPPING Contact Seatrade, Tel: +65 6294 2280 Fax: +65 6294 2780 Email: info@seatrade-asia.com Sponsors ARB ..i.. > ADPC ADMIRALTY ClassNK
      301 words
    • Advertisement
      Lock icon Page 42 Advertisements Column 2
      305 42 KWONG SOON GROUP The 'Preferred S fJetcoork Established since 1928, Kwong Soon Engineering has a proud legacy strong reputation for providing quality services catering for the marine and offshore sectors. We offer ship repair services, both at wharf-side in anchorage, as well as heavy structural constructions, conversions and outfitting projects.
      305 words
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Lock icon Page 43 Advertisements Column 1
      59 43 Delivering more miles for your fleet A 7,938 miles VA 3 IT 2,832 miles v c 4,030 miles 1 'v 0 V~ More miles through efficient ship management GL ShipManager More miles between repairs through 3-D hull modelling GL HullManager More miles per fuel-tonne through optimised trim ECO-Assistant Germanischer Lloyd
      59 words
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Lock icon Page 44 Advertisements Column 1
      204 44 KLUBER LUBRICATION your global specialist Propelling your success Specialty lubricants for the maritime, offshore, oil gas industries r i Readily biodegradable stern tube oil Readily biodegradable gear oil for thrusters and rudder propellers Full range of lubricants for Azipod® and Compact Azipod® Adhesive greases e.g. for open gears, wire ropes,
      204 words
    • Advertisement
      Lock icon Page 44 Advertisements Column 2
      271 44 Oon Bazul is one of the leading commercial law firms in Singapore consistently rated amongst the best by respected legal industry publications. The reason for our firm's success is our commitment to provide clients with high quality, personalized and cost effective services. Practice Areas Litigation Dispute Management International Arbitration Corporate
      271 words
Page thumbnail Page 45
  • AVIATION
    • Article, Illustration
      Lock icon The jet fuel conundrum
      690 45  -  Global airlines face challenging year as rising fuel costs eat into earnings COMMENTARY VEN SREENIVASAN Senior Correspondent THE promise of another good year for global airlines, following a record-breaking 2010, seems to be in danger of evaporating amid steadily rising jet fuel price. Jet fuel has
      AP  -  690 words
    • Article
      Lock icon Airlines’ credit risk rises on oil spike
      646 45 Credit-default swaps on AMR, Continental Airlines surge Bloomberg [NEW YORK] The cost to protect airline debt climbed as crude oil rose above US$113 for the first time in 30 months. Credit-default swaps on AMR Corp and Continental Airlines Inc surged as oil climbed
      Bloomberg  -  646 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3211 45 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 KU6458 1415 --SQ458 1415 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 9W4081 1820 AF8087 1820 AY5012 1820 BA7381 1820 JL7892 1820 MU8440 1820 QF81 1820 Ahmedabad NH6292 1855 --SQ530 1855 Amsterdam
      3,211 words
    • Article
      Lock icon BAA expects £1.2b from sale of Stansted
      447 45 Reuters [LONDON] British airport operator BAA could raise about £1.2 billion (S$2.5 billion) from the forced disposal of London’s Stansted airport but should be allowed to delay a sale until market conditions improve, its CEO said. “Stansted has a regulated asset base it
      Reuters  -  447 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Lock icon Page 45 Miscellaneous Column 1
      302 45 CRYPTIC CROSSWORD Across 1 Long for some bread? (6,4) 6 Graduate of French sent back produce from Holland (4) 9 Little monkey admitting unsatisfactory answer (5) 10 Leaves dish? (5,4) 12 Possible cause of faint recovery? (8,5) 14 Written analysis that might rate site appallingly (8) 15 Inside job is
      302 words
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Lock icon Page 46 Advertisements Column 1
      58 46 Legal services required by shippers owners Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 int UUJINLJJ IIIVILJ SHIPPING TIMES Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE
      58 words
  • SHIPPING
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      3133 46 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN 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 Destination
      3,133 words
    • Article, Illustration
      Lock icon Carriers in for tough year despite high demand
      525 47 Freight rates for tankers and dry bulk carriers remain near multi-year lows Reuters [SINGAPORE] Rising fuel prices, tumbling freight rates, piracy and now radiation fears will make this year one of the most difficult in decades for the maritime industry, forcing some
      Reuters; BLOOMBERG FILE PHOTO  -  525 words
    • Article
      Lock icon FPSO demand will double this decade
      429 47 Rising crude prices to push explorations deeper offshore Reuters [SINGAPORE] Global demand for floating oil production and storage vessels is expected to more than double this decade as surging crude prices allow exploration to move deeper offshore, senior industry executives said yesterday. With oil
      Reuters  -  429 words
    • Article
      Lock icon Japan ship allowed to enter HK
      303 47 Reuters [TOKYO] A Japanese ship denied entry to a Chinese port over radiation concerns last month was allowed into a Hong Kong port yesterday, owner Mitsui OSK Lines said. The container ship, the MOL Presence, was rejected by Chinese authorities when it arrived at
      Reuters  -  303 words
    • Article
      Lock icon Jakarta concession on cabotage law
      291 47 Xinhua [JAKARTA] The Indonesian government has released new regulations exempting from the Indonesian cabotage law seven activities of foreign-flagged vessels that are serving the country’s oil and gas sector, local media reported yesterday. According to the new ruling, foreign vessels that perform surveys, drilling, offshore
      Xinhua  -  291 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 47 SGX '000 Apr 11 S$ +/-Vol CH Offshore 0.44 unch 215 Chuan Hup Hldg unch unch 0 Cosco Corp 2.25 unch ***** CWT Ltd 1.36 0.02 6349 Ezra Hldgs 1.79 -0.04 3997 First Ship Lea 0.41 -0.01 554 Freight Links 0.07 unch 669 Grand Banks 0.36 -0.05 48
      278 words
Page thumbnail Page 47
Page thumbnail Page 48
  • EDITORIAL & OPINION
    • Article
      Lock icon Cultivating the business of giving
      507 48 EDITORIAL HAVING successfully wooed MNCs from various industries and sectors to set up in Singapore over the past five decades, the Republic has now added to its list of “regional hub” ambitions the goal of growing as a philanthropy hub. It may not be apparent
      507 words
    • Article, Illustration
      Lock icon Arms sales control: More talk than action
      797 48  -  THE BOTTOM LINE NEIL BEHRMANN London Correspondent US and European governments are once again talking about control of armament exports to despots, now that they are involved in the war against the Gaddafi family in Libya. Their pious statements have a taste of
      797 words
    • Article, Illustration
      Lock icon US budget debate points to big ideological divide
      1450 48  -  Voters will probably have to make a major choice between two competing visions in 2012 LEON HADAR Washington Correspondent THE race for a budget deal came down to the wire. Federal funding was slated to run out at midnight on Friday and
      REUTERS  -  1,450 words
    • Article, Illustration
      Lock icon DBS pay rules: A model for others?
      1647 49  -  Companies may need to reconsider the current approach to setting non-executive directors’ remuneration By MAK YUEN TEEN The writer is an associate professor at the NUS Business School. Information on NEDs’ remuneration in the Australian and UK banks is based on an independent
      STOCK.XCHNG  -  1,647 words
    • Article
      Lock icon Ways to improve governance of listed trusts
      490 49  -  LETTER TO THE EDITOR Ang Hao Yao Singapore I REFER to the article “HK looms over SGX’s business trust play” (BT, April 5). The article highlighted several potential governance issues with trusts, particularly the possible entrenchment of trust managers and that trust directors
      490 words
Page thumbnail Page 49
  • Article
    Lock icon SGX CATALIST
    1578 49 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 t AA Grp 4.5 4 4.5 21.4 4.3 225 145 t APStrategic 170 161 174 100.9 1.5 0.5 t Advanced System 0.5
    1,578 words
  • Article
    Lock icon SGX ETF
    855 49 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 111.5 110 112 509 1075 761 CIMBAsean40 100US$ US1066xd -1 142 1069 1061 1044 1067 42.6 350 270 DBS STI
    855 words
  • Article
    Lock icon GLOBALQUOTE
    244 49 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A52 51 55 3.6 6.7 4.2 135.4 55 16 Genting HK US$ US43 -1 ***** 44 42.5 42.5 43 2831.3 21 10 Over&Gen A14
    244 words
Page thumbnail Page 50
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8421 50 Transaction date: Apr 11 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 17cd 17 18 7.8 3.6 3.6 81.4 12 4.5 A-Sonic 7.5 unch 101 7.5 7.5 7.5 8
      8,421 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9699 51 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.4/ APS Alpha Fund (USD)!** 1.11/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,699 words
Page thumbnail Page 51
  • Page 51 Advertisements
    • Advertisement
      Lock icon Page 51 Advertisements Column 1
      350 51 Gold Stocks r Yl -mm m m m m Bonds J VJ Gold Commodities FX Crosses FX Options Bonds ETCs CFDs XFu lures/*" El"^ StocksV-rUS t, VCc, Bonds FX Commodities FX C rosses FX Options Gold FX e V> CFDs Stocks ETFs ETCs o^ 0 x-° c,Futures FX CFDs Stocks
      350 words
Page thumbnail Page 52
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 52 In local curr In S$ In US$ dy yr dy yr dy yr Apr 8 Index Change Change Change Change Change Change World Index Preliminary 934.5 0.4 4.1 0.4 3.8 0.7 5.8 EAFE Preliminary 814.7 0.7 1.7 1.0 3.0 1.3 5.0 Europe Preliminary 1211.9 0.5
      374 words
    • Article
      Lock icon INTERBANK RATES
      181 52 Apr 11 $S Offer Bid 0vernight 0.02 par 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 0.15 1 month 0.35 0.25 2 months 0.40 0.30 3 months 0.45 0.35 6 months 0.55 0.45 9 months 0.80 0.60 12
      181 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 52 Apr 11 S$ Bid Offer 1-month 1.2552 1.2557 2-months 1.2551 1.2556 3-months 1.2550 1.2556 6-months 1.2546 1.2552 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      134 52 Apr 11 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 11 615.0 615.0 612.3 2 Jun 11 610.0 Jul 11 599.0 Aug 11 591.4 Sep 11 570.0 Oct 11 567.0 Nov 11 570.7 Dec 11 570.7 Jan 12
      134 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      79 52 Apr 11 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 14.07.2011 0.26 0.22 0.22 1-Year BY*****N 01.11.2011 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.28 5-Year N*****0W 1.125 01.04.2016 100.04 100.25 100.07
      79 words
    • Article
      Lock icon CHICAGO BOT
      107 52 Apr 8 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1392.25 1363.50 1394.00 1362.50 Jul 11 1403.75 1375.50 1405.50 1374.75 Aug 11 1404.00 1375.50 1405.00 1375.50 Sep 11 1401.00 1372.50 1401.25 1302.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 59.77
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 52 CRUDE OIL PRODUCTS Apr 8 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 125.20 3.22 WTI (Near Mth) 112.87 2.63 Dubai (1-Mth F) 116.53 1.64 Tapis blend 131.54 1.93 Minas 127.94 1.93 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 115.44 2.72 Jet Kerosene 140.95 2.20 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2694 52 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 24 -0.5 131 1 10 -11 1.58 55 Asia-Pacific Strategic W*****6 24 1 150 2 7.08 37 ASJ Hldgs W*****1 1.5 1 4 10 3.33 10 AlliedTech W*****2
      2,694 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 52 Apr 11 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.371 1.294 Can dollar 1.338 1.287 Euro 1.85 1.779 Sterling pound 2.094 2.014 NZ dollar 1.011 0.963 US dollar 1.275 1.226 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 52 Apr 11 Open High Sett STI Apr 3146 SIMSCI Apr 376.3 376.7 372.0 Taiwan Apr 314.8 315.6 314.5 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      65 52 Apr 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3473 3455 3487 3460 72 825 May 11 3454 3430 3465 3399 2935 ***** Jun 11 3445 3417 3454 3380 ***** ***** Jul 11 3440 3408
      65 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      466 52 Apr 11 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.7100 0 2143 Sep11 99.6050 0 4789 Dec11 99.4050 0 2868 Mar12 99.1100 0 452 EUROYEN TIBOR FUTURES Jun11 99.6725 0 3829 Sep11 99.6725 99.6725 99.6725 99.6700 0 1221 Dec11 99.6625 0 1991 Mar12 99.6450 205
      466 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 52 Apr 11 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.009 6.905 0.730 8.206 46.744 91.302 0.895 11.458 3.190 1.348 89.596 45.506 1.326 7.023 0.960 30.618 31.777 0.647 1.056 Canada 0.991 6.843
      464 words
    • Article
      Lock icon SIBOR
      85 52 Apr 11 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon PRECIOUS METALS
      137 52 Apr 11 GOLD (US$/oz) Apr 08 Apr 11 Hong Kong 1468.80 1473.50 Apr 07 Apr 08 London 1457.54 1470.29 1458.31 1471.06 Source: Thomson Reuters CAST BAR Apr 11 (S$) Selling Buying Kilobar 63,765.58 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 143 59 5gm 406 297 10gm 724
      137 words
    • Article
      Lock icon LONDON METALS
      70 52 Apr 8 Apr Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2683.00 2642.75 3 months 2712.00 2672.00 Copper, Grade A (US$/tonne) Cash 9855.50 9650.50 3 months 9875.00 9670.00 Lead (US$/tonne) Cash 2922.50 2840.50 3 months 2850.00 2790.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 52 Apr 11 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3257 1.3266 1.0561 1.0564 Canadian dollar 1.3138 1.3150 1.0466 1.0471 Euro 1.8148 1.8161 1.4457 1.4462 NZ dollar 0.9834 0.9843 0.7834 0.7838 Sterling pound 2.0492 2.0505 1.6324 1.6328
      154 words
    • Article
      Lock icon LIFFE
      82 52 Apr 8 COCOA (£/tonne) Close Prev High/Low May 11 1898 1921 1929/1883 Jul 11 1889 1914 1921/1871 Sep 11 1904 1927 1934/1885 Dec 11 1915 1941 1947/1900 COFFEE (US$/tonne) Close Pev High/Low May 11 2468 2496 2509/2461 Jul 11 2447 2443 2480/2430 Sep 11 2472 2462 2500/2448 Nov 11
      82 words
Page thumbnail Page 53
  • PROPERTY
    • Article, Illustration
      Lock icon Citi marketing Aussie mortgage bonds
      902 53 Sale of A$760m debt is first by US bank Down Under since 2008 Bloomberg [SYDNEY] Citigroup is planning the first sale of Australian residential mortgage bonds by a Wall Street bank since 2008 as relative yields on the notes fall to the narrowest levels since
      Bloomberg; BLOOMBERG  -  902 words
    • Article, Illustration
      Lock icon Pearlbank up for sale with $750m tag
      393 54  -  Asking price adds up to $1,495 psf ppr including $167.2m to top up lease By UMA SHANKARI [SINGAPORE] Pearlbank Apartments, a 99-year leasehold development on Pearl’s Hill near Chinatown, has been launched for collective sale with a $750 million price tag. This is
      393 words
    • Article
      Lock icon IOI’s investment in South Beach raises concerns
      465 54  -  By PAULINE NG in Kuala Lumpur IOI Corporation’s involvement in Singapore’s South Beach project has raised concerns its increasing exposure to the property sector could dilute the price earnings accorded the group as an oil palm planter. CIMB Research yesterday said it was
      465 words
    • Article, Illustration
      Lock icon Simon makes good his vision
      975 55  -  Having forged a strong branding for SC Global in Singapore, he aims to scale the business geographically, reports KALPANA RASHIWALA reports KALPANA RASHIWALA HAVING attained his vision over the past 10 years for SC Global to become a brand name synonymous with innovative luxury residential
      975 words
    • Article
      Lock icon Staying in the moment with his landbank
      984 55  -  By KALPANA RASHIWALA [SINGAPORE] SC Global has a considerable inventory of about one million square feet gross of saleable floor area in various luxury residential projects in Singapore, but chairman and CEO Simon Cheong is in no hurry to sell it off, mindful
      984 words
  • Page 53 Advertisements
    • Advertisement
      Lock icon Page 53 Advertisements Column 1
      45 53 Goldbell Towers Fully fitted offices for Lease 13,800 sf (sub-divisible to 4,500 sf) Regular floor plate of 9,343 sf per floor Excellent move-in condition. Raised flooring full height windows Sheltered access to Newton MRT Available immediately Business Space 6293 3228 Estate Agency Licence No. L*****01G
      45 words
Page thumbnail Page 54
  • Page 54 Advertisements
    • Advertisement
      Lock icon Page 54 Advertisements Column 1
      171 54 Haig Mansions in District 15 Land 20,226 sf; FH; GPR 1.4/5-sty Close to Paya Lebar Central biz hub 1 km to Haig Girls’ Sch, Tj Katong Pri Near eateries, Parkway Parade Potential for 45 units of 1-2 bedroom apts Tender Closing on 11 May 2011 (Wed), 2.30pm huiling@credo.com.sg (CEA Regn
      171 words
    • Advertisement
      Lock icon Page 54 Advertisements Column 2
      22 54 i Prepare for I a Bull Run I Call 1800 289 8822 or e-mail notices@sph.com.sg I to place your AGM&EGM Notices 5,
      22 words
    • Advertisement
      Lock icon Page 54 Advertisements Column 3
      370 54 GRADE-A OFFICE STRATA FLOORS FOR SALE lii 111 las Prestigious Raffles Place office floors Strata area of approximately 39,321 sq ft 999 years leasehold Large floor plate of approximately 13,100 sq ft 4 strata units per floor (2,906 to 3,875 sq ft) 2 minutes walk to Raffles Place MRT Station
      370 words
Page thumbnail Page 55
  • Page 55 Advertisements
    • Advertisement
      Lock icon Page 55 Advertisements Column 1
      80 55 For Expression Of Interest Prime Raffles Place Retail Corner (999 years) For use as retail, medical centre or bank #B1-00 #01-00 at Malacca Centre Strata area of approx 5,263 sf 999-yr leasehold wef 20 April 1826 Situated within the heart of Raffles Place Located on Malacca Street directly opposite Republic
      80 words
    • Advertisement
      Lock icon Page 55 Advertisements Column 2
      119 55 CAIRNHILL MANSIONS LUXURY CONDOMINIUM DEVELOPMENT SITE 69 Cairnhill Road, District 9 Freehold Land area approx. 43,103 sq ft Approved GPR 3.6327 14,546.88 sq m Building height 36 storeys Luxurious condominium development Short walk to Orchard Road Scotts Road Near Tanglin Club The American Club Tender Closing Date: 31 May 2011,
      119 words
Page thumbnail Page 56
  • INFINITE SPACES
    • Article, Illustration
      Lock icon The way forward for urban living
      910 56  -  Integrated communities that support live-work-play concepts are becoming more common due to changes in technology, demographic and social trends, reports UMA SHANKARI reports UMA SHANKARI INTEGRATED communities that is, spaces where people can live, work and play within a small cluster of buildings are
      910 words
  • Page 56 Advertisements
    • Advertisement
      Lock icon Page 56 Advertisements Column 1
      109 56 1 -r-iv 'ip. s .IX* Juki 1 V V wm .'•> jR V v.- V 'Am %w;'1 m •v. H ascendas What would you like your space to be? As innovators of business space with one of the largest footprints in Asia, Ascendas has redefined business Landscapes, catalyzing investments in
      109 words