The Business Times, 28 April 2011

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Microfilm: NL31314
Total Pages: 34
1 34 The Business Times
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  • Title Section
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    24 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sf!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 138/08/2010 Thursday, April 28,2011
    24 words
  • Article, Illustration
    Lock icon All eyes on Aljunied as battle-lines are drawn
    940 1  -  Low Thia Khiang springs a surprise; election sees only one walkover By ANNA TEO [SINGAPORE] The battle for the hearts and minds of 2.2 million Singaporeans moves into top gear today after a drama-packed Nomination Day that saw the Opposition mount its
    ARTHUR LEE  -  940 words
  • MARKETS DIGEST
    • Article
      Lock icon FOREX
      111 1 GST INDEX 3,182.68 (+10.85) GST INDEX FUTURES 3,182.00 (+11) GSIMSCI 376.49 (+0.79) GSIMSCI FUTURES 376.60 (+1.30) US$ S$ US$ (S$ per US$) 1.233 (US$/S$ per 1.644 2.026 EURO (US$/S$/E) 1.466 1.808 Foreign currency per US$ S$ YEN 81.80 66.40 RM 2.979 2.416 HK$ 7.773 6.305 BAHT 29.96 24.30 RUPIAH
      111 words
    • Article
      Lock icon PRIME RATES
      17 1 SINGAPORE 5.38 MALAYSIA 6.28 HONG KONG 5.00 INDONESIA 14.996 TAIWAN 4.866 JAPAN 1.475 Source: Bloomberg
      17 words
  • Article
    Lock icon Economy poised to push 6% growth: MAS
    519 1  -  Inflation seen easing to 3% by Q4, falling from Q1’s 5.2% peak By TEH HOOI LING [SINGAPORE] The Republic’s economy is likely to grow at the higher end of the official 4-6 per cent forecast this year, the Monetary Authority of Singapore (MAS)
    519 words
  • Page 1 Advertisements
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      119 1 SONY Massive breach in Playstation network PAGE 16 COMPANIES SingLand profit improves on stronger sales PAGE 11 OPINION Meeting rising demand for flexible workspace PAGE 22 BizIT Firms’ security efforts found wanting PAGE 27 GE 2011: Pages 2-8 Commentary: Low goes for broke, Page 2 PM Lee: Realise how important
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      8 1 Wage pressures on the rise: MAS, Page 12
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  • GENERAL ELECTION 2011
    • Article, Illustration
      Lock icon Low takes a gamble and goes for broke
      762 2  -  Though high-risk, the WP secretary-general’s decision to stand in Aljunied appears to be carefully calculated COMMENTARY WONG WEI KONG Associate News Editor SO this is it. For Workers’ Party (WP) chief Low Thia Khiang, it will come down to a big win,
      762 words
    • Article
      Lock icon Realise how important this GE is: PM Lee
      778 2  -  By TEH SHI NING A STRONG contest from the Opposition will help voters crystallise issues and realise what is at stake, Prime Minister Lee Hsien Loong said yesterday. “It’s good that we are contested, and contested strongly,” said Mr Lee, sec-retary-general of
      778 words
    • Article
      Lock icon Low’s late switch sets Aljunied as main battlefield
      784 2  -  By JAMIE LEE WHEN the Workers’ Party (WP) bus rolled by the nomination centre of Aljunied GRC, people were only looking for one man who has kept his cards very close to his chest. And Low Thia Khiang’s appearance which was only
      784 words
    • Article, Illustration
      Lock icon Pullout gives little known candidate a place in Parliament
      905 2  -  By FELDA LEE U-WEN, FELDA CHAY Reports by Winston Chai, Felda Chay, Chen Huifen, Chuang Peck Ming, Victoria Ho, Joyce Hooi, Lynn Kan, Lynette Khoo, Jamie Lee, Lee U-Wen, Michelle Quah, Nisha Ramchandani, Kalpana Rashiwala, Uma Shankari, R Sivanithy, Ven Sreenivasan,
      YEN MENG JIIN  -  905 words
    • Article, Illustration
      Lock icon Mah on need to strike balance in home prices
      793 4 He aims to ensure affordability and that homes aren’t devalued unnaturally NATIONAL Development Minister Mah Bow Tan yesterday stressed that he is trying to strike a balance between first-time home buyers’ concerns about housing affordability due to the recent rise in
      PHOTO: YEN MENG JIIN  -  793 words
    • Article
      Lock icon Opposition bastions vulnerable as Chiam, Low target GRCs
      598 4  -  Observers see improved chance of clean sweep by PAP By CHUANG PECK MING WITH the two opposition bastions Hougang and Potong Pasir now left more open to attack as their incumbent MPs take their fight to bigger battlegrounds the People’s Action Party
      598 words
    • Article, Illustration
      Lock icon Party heavyweights at major GRCs
      692 4  -  By MICHELLE TAN, EMILYN YAP By and JAMIE LEE DEYI Secondary School was the centre of political action yesterday as heavyweights Prime Minister Lee Hsien Loong, Workers’ Party (WP) chief Low Thia Khiang and Singapore People’s Party (SPP) leader Chiam See Tong showed up to
      692 words
    • Article
      Lock icon SDP objections overruled by returning officer
      534 5  -  SDP team had sought PAP candidate Sim Ann’s disqualification over her employment status By TEH SHI NING By and VEN SREENIVASAN MORE drama unfolded yesterday between the two teams fighting for the four-seat Holland-Bukit Timah group representation constituency (GRC). The Singapore Democratic Party (SDP)’s
      534 words
    • Article, Illustration
      Lock icon OVERHEARD
      392 5 ‘It is but we’re excited because we know how that story ended.’ Kenneth Jeyaretnam of Reform Party, when asked whether his party’s Ang Mo Kio contest was like David versus Goliath ‘I’m not sure I should lower myself to the level of having to respond to that suggestion. But
      392 words
    • Article, Illustration
      Lock icon UNCONTESTED
      26 6 Returned as Tanjong Pagar MPs TanjongPagar No of voters: 139,771 Lee Kuan Yew Indranee Rajah Lily Neo Chia Shi-Lu Chan Chun Sing PEOPLE’S ACTION PARTY
      26 words
    • CONTESTED
      • Article
        Lock icon 6-MEMBER GROUP REPRESENTATION CONSTITUENCIES (GRCs)
        90 6 Lee Hsien Loong Yeo Guat Kwang Seng Han Thong Inderjit Singh Ang Hin Kee Intan Azura Mokhtar Ang Mo Kio No of voters: 179,071 PEOPLE’S ACTION PARTY THE REFORM PARTY Osman Sulaiman Arthero Lim Mansor Rahman Alex Tan Lim Zi Rui Vigneswari Ramachandran Pasir Ris-Punggol
        90 words
      • Article
        Lock icon 4-MEMBER GROUP REPRESENTATION CONSTITUENCIES (GRCs)
        66 6 Holland-Bukit Timah No of voters: 91,607 Vivian Balakrishnan Christopher de Souza Liang Eng Hwa Sim Ann PEOPLE’S ACTION PARTY Michelle Lee Ang Yong Guan SINGAPORE DEMOCRATIC PARTY Tan Jee Say Vincent Wijeysingha Moulmein-Kallang No of voters: 87,595 PEOPLE’S ACTION PARTY Yaacob Ibrahim Lui Tuck Yew
        66 words
      • Article
        Lock icon 5-MEMBER GROUP REPRESENTATION CONSTITUENCIES (GRCs)
        391 7 George Yeo Lim Hwee Hua Zainul Abidin Rasheed Cynthia Phua Ong Ye Kung Aljunied No of voters: 143,148 PEOPLE’S ACTION PARTY WORKERS’ PARTY Low Thia Khiang Faisal Abdul Manap Pritam Singh Sylvia Lim Chen Show Mao Bishan-Toa Payoh Wong Kan Seng Ng Eng Hen Zainudin
        391 words
      • Article
        Lock icon SINGLE-MEMBER CONSTITUENCIES (SMCs)
        204 8 Bukit Panjang No of voters: 33,053 PEOPLE’S ACTION PARTY SINGAPORE DEMOCRATIC PARTY Teo Ho Pin Alec Tok Hong Kah North No of voters: 27,701 PEOPLE’S ACTION PARTY SINGAPORE PEOPLE’S PARTY Amy Khor Sin Kek Tong Hougang No of voters: 24,560 PEOPLE’S ACTION PARTY WORKERS’ PARTY Desmond Choo
        204 words
    • Article
      Lock icon SM to focus on growth and jobs
      465 8  -  He urges citizens to vote wisely and to choose team best suited for long term By LYNETTE KHOO AS voters of Marine Parade GRC go to the polls for the first time in 19 years, Senior Minister Goh Chok Tong said one key
      465 words
    • Article, Illustration
      Lock icon Hougang may witness two gentlemen’s civil battle
      330 8  -  By CHEN HUIFEN YAW Shin Leong admits that he has a “very, very heavy responsibility” to shoulder as the Workers’ Party’s stand-in candidate for Hougang, an opposition stronghold which has been held by his mentor and party chief Low Thia Khiang for 20
      330 words
    • Article
      Lock icon PAP saves the day for NSP in Jurong
      316 8  -  NSP was almost disqualified as their nomination form lacked an address, number By MICHELLE QUAH With additional reporting by Mindy Tan “GENTLEMANLY” behaviour on the part of the People’s Action Party (PAP) helped save the National Solidarity Party (NSP) from disqualification yesterday,
      316 words
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      119 words
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      134 3 Windows®. Life without Walls™. SAMSUNG recommends Windows 7. inside CORE 15 Visibly Smart Light, Incredibly Strong. ow that's what we call perfect balance. •s Samsung Notebook SERIES 01 Weighing a mere 1.31kg, the new Samsung Series 9 Notebook is amazingly light. It is also astoundingly slim at just 16.3mm thin.
      134 words
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      542 4 WAT=3 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICE OF BOOKS CLOSURE AND PAYMENT DATE FOR DISTRIBUTION For the period from 1 October 2010 to 31 March 2011 a-ihrusl ascendas India trust ASCENDAS INDIA TRUST (Registration Number: *****04) (a business trust registered under the Business Trusts Act, Chapter 31A of Singapore)
      542 words
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      207 5 WORKING TOWARDS ONE GOAL: YOURS PRIVATE BANKING Your private banker works closely with a team of dedicated industry experts developing appropriate solutions to help you manage your wealth and meet your personal objectives. w w w. p r i v a t e b a n k i n g
      207 words
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  • COMPANY NEWS
    • Article
      Lock icon OSIM shares rise on strong Q1 results
      310 9  -  Counter jumps 3% to $1.71 before closing at $1.67 By REBECCA LIU SHARES of homegrown lifestyle products group OSIM International surged as much as 3 per centto $1.71 yesterday on news of strong first-quarter results. The counter opened at $1.69 before hitting $1.71
      310 words
    • Article, Illustration
      Lock icon PCCW unit may eye S’pore listing after HK rejection
      634 9 Reuters [HONK KONG] The Hong Kong stock exchange has rejected PCCW’s plan to spin off its telecommunications business and list it as a business trust, a decision the group is appealing. The news could force PCCW, chaired by media tycoon Richard
      Reuters; BLOOMBERG FILE PHOTO  -  634 words
    • Article
      Lock icon Weak trading start for MapletreeComm
      441 9  -  Trust’s debut echoes unimpressive performance of recent IPOs By KELLY TAY MAPLETREE Commercial Trust (MCT) made a tepid trading debut yesterday, closing flat at its initial public offering (IPO) price of 88 cents per unit. As investors were drawn by its projected yield of 5.7
      441 words
    • Article, Illustration
      Lock icon Sing Land profit improves on stronger sales
      430 11  -  But parent UIC’s topline gains hit by fewer sales of trading properties By LYNN KAN AS the fortunes of Singapore Land waxed in the first quarter, those of its 77-per-cent-majority stakeholder United Industrial Corporation (UIC) waned. SingLand posted net profit attributable to equi-ty-holders
      FILE PHOTO  -  430 words
    • Article, Illustration
      Lock icon SATS buys 40% stake in Saudi in-flight caterer
      299 11  -  By NISHA RAMCHANDANI GROUND-handler SATS has via wholly owned subsidiary SATS Investments acquired a 40 per cent stake in Saudi-based Adel Abuljadayel Flight Catering Company (AAFC) for US$18.5 million. Established in 1982, AAFC which is now an associated company of SATS is
      FILE PHOTO  -  299 words
    • Article
      Lock icon Koon bags $16.3m precast contracts
      202 11  -  By WONG SU-JIN KOON Holdings has won new precast projects totalling about $16.3 million in contract value. The infrastructure construction and precast specialist secured the contracts through subsidiaries Econ Precast Pte Ltd and Contech Precast Pte Ltd. Under the deals, Econ and Contech will design,
      202 words
    • Article
      Lock icon Think Env buys US$5m stake in gold venture
      385 11  -  Deal marks firm’s maiden entry into Ghana, West Africa By FELDA CHAY THE Think Environmental Company (TTEC) is making yet another acquisition in its rapid move to lay the foundation for its gold mining business. Days after announcing its Philippine gold mining
      385 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      85 9 Conservation Home at Cairnhill For Sale By Tender Beautiful conservation home near Orchard Road Freehold Land area: approx. 2,562 sq ft Floor area: approx. 4,000 sq ft 21/2 storey terrace, 5+1 room, 2 car lots Potential for rear extension Vacant possession Rare and excellent investment opportunity Tender Closing: 10 May
      85 words
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      138 9 m MARKETS investment i Trcnas get thinking FX/CFD trading Trade global stock indices on tight spreads and no commission, 24 hours a day. iSf *91 Mn*o«*ni»** <»i □GMraMMSa* MI Wn^mttr sgd(!“ G8P[r Singapore Blue Chip (SGO40 Mini Cootrad) EURUSO Take a view on the direction of an index: go Long
      138 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Late push props up ST Index
      583 10  -  But the broader market did not have time to react to the index’s gain and weakened in low volume STOCKS R SIVANITHY Senior Correspondent AFTER spending most the day in the red, the Straits Times Index (STI) yesterday enjoyed a late push as traders
      Source: Bloomberg  -  583 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 10 Apr 27 VALUE CLOSE BT OB/OS -67.00 +124.0 BT CADI -*****.00 -22.0 BT 10-day MA -*****.00 -6.00 FTSE ST Mid Cap 773.91 +0.91 FTSE ST Small Cap 555.76 +0.47 FTSE ST All Share 782.19 +2.26 FTSE ST China Top 282.36 +0.96 FTSE ST China 309.44 +1.56 FTSE
      66 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      177 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 7 4 0 0 0 3 7 4 Manufacturing 50 47 79 7 7 14 57 54 93 Commerce 15 16 29 3 3 1 18 19 30 Tpt/Stor/Comms 16 15 10
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    • BROKERS’ TAKE
      • Article
        Lock icon OSIM International
        452 10 Apr 27 close: $1.67 DMG PARTNERS RESEARCH, Apr 27 Q1 2011 profit after tax and minority interests (Patmi) of $20 million (+150 per cent y-o-y, +19 per cent q-o-q), exceeded our and street estimates. This was achieved on the back of a 16 per cent y-o-y growth in
        452 words
      • Article, Illustration
        Lock icon Starhill Global Reit
        345 10  -  Compiled by JOYCE HOOI Apr 27 close: $0.63 DBS GROUP RESEARCH, Apr 27 NO surprises, although distribution per unit (DPU) highest since listing: Starhill Global Reit (SGReit) reported a strong 21.9 per cent y-o-y growth in topline to $45.8 million and 27.2 per cent y-o-y growth in
        345 words
      • Article
        Lock icon Glossary
        132 10 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first, second, or third quarter
        132 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 52,977 52,977 157,327 157,327 Manufacturing 252,201 14,612 266,813 258,163 891 259,054 Commerce 139,336 6,040 145,376 103,727 1,248 104,975 Tpt/Stor/Comms 144,578 5,254 149,832 228,753 925 229,678 Finance 22,833 22,833 236,213 236,213 Construction 26,694 894 27,588 8,613
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      109 10 Stock name Close Change Stock name Close Change CapMallsAsia 1.770 CapitaLand 3.410 +0.010 CapitaMall 1.900 CityDev 11.620 -0.080 ComfortDelGro 1.560 +0.020 DBS Grp 14.900 F&N 6.300 +0.030 GLP 1.940 +0.010 Genting SP 2.180 -0.060 Golden Agri 0.680 +0.010 HK Land 7.290 +0.100 JMH 46.620 +0.080 JSH
      109 words
    • Article, Illustration
      Lock icon US$ at 16-month low versus euro before Fed meeting
      536 10 CURRENCIES Bloomberg [NEW YORK] The dollar dropped to a 16-month low versus the euro on speculation that the Federal Reserve will signal that it will hold interest rates steady to support the US economy after its bond-buying programme expires in June.
      Bloomberg; REUTERS  -  536 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 10 VOLUME MapletreeCom 139,675,000 Genting SP 100,815,000 Golden Agri 74,405,000 NexGenSCom 74,374,000 HPH Trust US$ 31,465,000 SunVic 26,303,000 Ramba 26,086,000 Dyna-Mac 24,751,000 Yangzijiang 19,727,000 Gallant 19,324,000 VALUE($) Genting SP 222,697,000 MapletreeCom 123,271,365 Keppel Corp 112,541,360 DBS Grp 84,034,740 UOB 66,937,300 SingTel 56,467,885 Golden Agri 50,113,785 OCBC Bk 41,197,350
      56 words
    • Article
      Lock icon RISES
      111 10 BY CENTS CLOSE UP DBXT AUDMM 5SG$ ***** 989.0 4.0 DBXT MSUSA 10US$ 3216 162.7 4.3 DBXT MSAsExJp 10US$ 3550 115.8 2.7 DBXT iBoxxSing 5SG$ ***** 96.0 0.8 GLD 10US$ ***** 85.0 0.5 OCBC Bk 4.5%NCPS 100 ***** 70.0 0.7 DBXT FTChina25 10US$ 3370 65.3 1.6 DBXT S&P500 10US$
      111 words
    • Article
      Lock icon FALLS
      124 10 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -32.0 -0.2 DBXT S&P Short 10US$ 4177 -32.0 -0.6 SembMar.ES.1104 571 -27.0 -4.5 Lyxor India Nifty 10 1625 -22.0 -1.3 DBXT MSCHINA 10US$ 1321 -13.6 -0.8 DBXT SPASX200 10US$ 3820 -13.6 -0.3 DBXT CSI300 10US$ 1087 -12.3 -0.9 DairyFarm 853 -12.3
      124 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
      5 words
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      433 11 The Green Iconic Corporate Tower in Kota Damansara Exclusive a r u -"t 1 JOIN US Date 30th April 1st May 2011 Time 10am 6pm Venue The Regent, Singapore, Level 3, Boardroom 2-3 Door gift Greater KL guidebook SEMINAR HIGHLIGHTS Sat 3pm 6pm Sun 11am 12pm Hot spots along MRT
      433 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Wages to go up amid tight labour market, says MAS
      457 12  -  Growth this year, however, may come in slightly lower than 2010’s 5.6% By TEH HOOI LING WAGE pressures are on the rise, said the Monetary Authority of Singapore (MAS) in its half-yearly Macroeconomic Review. This is because job creation continued
      457 words
    • Article, Illustration
      Lock icon Fired exec tarried when told to cut triad ties: LV Sands
      706 12  -  By GRACE LEONG LAS Vegas Sands Corp has accused its fired Macau executive Steve Jacobs of dragging his feet when told to cut ties between its Macau unit and an organised crime figure, according to court documents detailing for
      REUTERS  -  706 words
    • Article
      Lock icon Minimise prejudice in tight labour market, firms told
      350 12  -  Diversity and hiring based on merit also has benefits By MAXIE AW YEONG THE tight labour situation in Singapore now makes it even more important for companies to ignore prejudices and hire based on merit, says the Tripartite Alliance for Fair Employment
      350 words
    • Article
      Lock icon Big push to productivity growth in building, construction sector
      428 12  -  By REBECCA LIU SINGAPORE’S building and construction industry has upped the ante in its drive to increase productivity within the industry, starting with the launch of the inaugural BuildTech Asia 2011. Touted as South-east Asia’s premier construction trade fair, it will
      428 words
    • Article, Illustration
      Lock icon Race among gencos to start on new plants
      551 12  -  By RONNIE LIM AMIDST the start of political hustings here, a different “power” race is being run on Jurong Island as gencos embark on new planting to better compete for petrochemical customers there. Newcomer Island Power, owned by India’s GMR Infrastructure, yesterday
      FILE PHOTO  -  551 words
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      47 12 THE LEADING BUNGALOW SPECIALIST II L §a ne-lGlOO^OOSO; Best Investment! Land@Olive Road L: ***** B:68oo 4 1 Rooms View to appreciate (Sole Agent) Last Call! Best Value! Land Steven Road Vicinity L***** $3iM Land Holland Vicinity ***** sf. *3xM. (Rare piece!) Land Belmont Vicinity ***** sf. *25M
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      Lock icon Page 12 Advertisements Column 2
      40 12 All about financing and profit and everything in between March/April issue out now! Available at Esso, Shell and SPC petrol stations and all major bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838
      40 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Aussie inflation in Q1 fastest in 5 years
      544 13 Reuters [SYDNEY] Australia suffered the biggest jump in inflation in almost five years last quarter as surging food prices are felt in rich and poor nations alike, adding to upward pressure on interest rates and currencies right across the Asian region. The
      – Reuters; AP  -  544 words
    • Article
      Lock icon Emerging markets have to be pragmatic: Pimco
      184 13 Bloomberg [TAIPEI] Pacific Investment Management Co (Pimco) says that investors will need to adapt to rising inflation expectations in emerging markets as central banks experiment with measures to manage inflows and restrain prices. “Emerging market policymakers will have no choice but to be
      Bloomberg  -  184 words
    • Article
      Lock icon US might look at trade tariffs: analyst
      423 13 Tariffs could narrow deficit, but would violate WTO rules Reuters [WASHINGTON] Persistently high unemployment and a weak economic recovery could persuade US policymakers to slap protectionist duties on imports from China and around the world, an economist said on Tuesday. “Trade protection is
      Reuters  -  423 words
    • Article
      Lock icon Congress, White House need to agree on deficit reducing plans
      420 13 if Congress fails to raise the limit.– Reuters, Bloomberg [NEW YORK] Congress and the White House could buy time to make the difficult decisions needed to cut the US budget gap if they can agree on a broad deficit reduction
      if Congress fails to raise the limit.– Reuters, Bloomberg  -  420 words
    • Article
      Lock icon Global food costs may top record
      657 13 Prices may rise 4.4% by year end; further fuelling inflation from US to China Bloomberg [LONDON] Global food prices may rise 4.4 per cent to a record by the end of the year, driven by demand for meat, oilseeds and grains used to make
      Bloomberg  -  657 words
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      23 13 Increase F&B Sales $29.50(Retail $49.50) Staff Selection $29.50 (Retail $49.50) Offer Price IncludesFREEDelivery Buy Online: WWW.LCABOOKS.COM Eric Alagan (Author, Consultant, fmr MNC MD)
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      98 13 Your ideal business space. Science Business Parks Light Industrial Space Tampmes Biz-Hub 53 Serangoon North Avenue 4 •W r Techplace I 84 Gentmg Lane 30 J 1^1 Logistics Distribution Centres The Kendall ICONBIBP f m r r Hi zao The Capricorn Plaza 8(3CBR 10 Toh Guan Road Changi Logistics Centre
      98 words
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  • MALAYSIA
    • Article
      Lock icon EON takeover bid: Key ruling today
      641 14  -  Court to deliver judgment on a suit between two sets of shareholders By S JAYASANKARAN in Kuala Lumpur A JUDGMENT that could decide the fate of Hong Leong Bank’s (HLB) RM5.2 billion (S$2.14 billion) takeover of EON Capital, Malaysia’s seventh-largest lender, is due today
      641 words
    • Article
      Lock icon Penang back in KL’s focus since opposition win
      487 14  -  By PAULINE NG in Kuala Lumpur WILL Penang’s Georgetown and Butterworth one day be linked through a waterfront development along the lines of Hong Kong Island and Kowloon? The proposed initiative could well materialise should promises of political cooperation between the federal
      487 words
    • Article
      Lock icon Wen arrives in M’sia for official visit
      188 14 AP [KUALA LUMPUR] Malaysia welcomed Chinese Premier Wen Jiabao yesterday for an official visit expected to focus on Chinese investments and a territorial dispute in the South China Sea. Mr Wen wants to discuss boosting China’s infrastructure investments in Malaysia and Indonesia, he
      AP  -  188 words
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      6 14 u Read closely For improved Vision’.’
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      563 14 WATS NOTICES In the Matter of The Companies Act, Cap. 50 And In the Matter of UFS CONSTRUCTION PTE LTD (In Members’ Voluntary Liquidation) (Co. Reg. No. *****0724Z) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final
      563 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon China carmakers on road to global success
      635 15 They are expanding aggressively, buying foreign carmakers, acquiring technology AFP [SHANGHAI] The head of China’s largest carmaker served notice to global brands at the start of the Shanghai car show: within five years his cars will be just as well known. “Our brands
      – AFP  -  635 words
    • Article, Illustration
      Lock icon Mourners out in force for popular guru
      392 15 AFP [PUTTAPARTHI, India] Indian Prime Minister Manmohan Singh joined mourners on Tuesday beside the body of Sathya Sai Baba, a charismatic Hindu guru who had millions of followers worldwide. Mr Singh sat cross-leg-ged on the floor next to the corpse, which has been
      AFP; AP  -  392 words
    • Article
      Lock icon Chinese small-cap firms extend losses
      455 15 Bloomberg [SHANGHAI] Chinese small-company stocks will extend the steepest twoday drop in three months as more companies miss profit estimates amid government tightening, said GF Fund Management Co, China’s sixth-biggest asset manager. The CSI Smallcap 500 Index fell 0.5 per cent as of 1:51pm. The
      Bloomberg  -  455 words
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      307 15 THE ASIAN MARKET TAKES CENTRE STAGE. The 2011 Asia Fashion Summit will give local and global fashion practitioners an inside track on the intricacies and opportunities waiting to be capitalised in the burgeoning Asian market. 34 Top Notch Speakers, Including; Douglas Benjamin Chief Executive Officer FJ Benjamin will share insight
      307 words
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  • WORLD
    • Article, Illustration
      Lock icon Sony hit by huge security breach
      496 16 77m accounts with personal info and possibly credit card data were stolen [TOKYO] Sony Corp suffered a massive breach in its video game online network that allowed the theft of names, addresses and possibly credit card data belonging to 77 million user accounts, in
      REUTERS  -  496 words
    • Article
      Lock icon Barclays shares plunge on sizeable profit decline
      436 16  -  By NEIL BEHRMANN in London BARCLAYS plc’s shares plunged 15 pence or 5 per cent to 287 pence after it reported a sizeable profit decline at its investment bank and large-scale, potentially problematic loans. Pre-tax profits of the bank fell 9 per cent
      436 words
    • Article
      Lock icon Durable goods orders rise 2.5% in March
      313 16 One driver is the tax break on capital equipment spending LATEST US DATA AP [WASHINGTON] US businesses increased their orders for heavy machinery, computers, cars and steel in March, boosting demand for long-lasting manufactured goods for a third straight month. Orders for durable
      AP  -  313 words
    • Article, Illustration
      Lock icon Junk bonds yield largest gains again
      673 17 Smaller selection of distressed securities, rising hopes of low rates push demand Bloomberg [NEW YORK] The riskiest junk bonds are again producing the biggest gains in speculative-grade debt as demand meets a shrinking pool of distressed securities and rising optimism that the Federal Reserve
      Bloomberg; BLOOMBERG  -  673 words
    • Article
      Lock icon Japan disaster hurts US firms’ profits
      264 17 Reuters [NEW YORK] The Japan disaster and aftermath are cutting into the sales and profits of US companies that serve Japanese consumers, from Coca Cola to Coach Inc and 3M Co, even though shoppers are showing some resilience. Japan, the world’s third-largest economy, was
      Reuters  -  264 words
    • Article
      Lock icon Carry trade rebounds from 2-year lows
      653 17 Neither the Fed nor BOJ show urgency to up interest rates Bloomberg [LONDON] Currency carry traders who borrow in countries with low interest costs to fund purchases in markets with higher yields are seeing returns rebound from two-year lows as the Federal Reserve and
      Bloomberg  -  653 words
    • Article
      Lock icon G-20 to scrutinise oil pricing services
      475 18 Part of efforts to limit speculation in commodities markets Reuters [LONDON] Global securities watchdog the International Organisation of Securities Commissions (IOSCO) will study transparency and governance at oil pricing services such as Platts and Argus as part of broader G-20 efforts to limit speculation
      Reuters  -  475 words
    • Article, Illustration
      Lock icon Johnson & Johnson to buy Synthes for 19b francs
      495 18 Johnson Johnson to buy Synthes for 19b francs Reuters [ZURICH] Johnson Johnson (J&J) is to buy Swiss medical devices maker Synthes Inc for 19 billion Swiss francs (S$26.7 billion) in its largest ever buy, boosting its orthopaedic business and reshaping the industry. The US healthcare group will pay 159 Swiss
      Reuters; REUTERS  -  495 words
  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      348 16 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 GARBUIO ASIA PTE LTD (Company Registration No. *****3617N) MEMBERS’ VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 20 April 2011, the following resolutions were duly passed; 1.
      348 words
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      516 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ONG LIM ENTERPRISE PTE LTD (In Members’ Voluntary Liquidation) Reg No. *****3108W NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 8 Wilkie Road #03-08 Wilkie Edge Singapore
      516 words
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      Lock icon Page 16 Advertisements Column 3
      366 16 In the matter of the Companies Act, Chapter 50 ETRUST PROCESSING PTE LTD (CO. REGISTRATION NUMBER *****5400G) (In Voluntary Liquidation) MEMBERS’ VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 11 March 2011, the following resolutions were duly passed: 1. SPECIAL RESOLUTION WINDING UP
      366 words
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      Lock icon Page 16 Advertisements Column 4
      655 16 M HOE LEONG CORPORATION LTD. (Company Registration No.: *****8433W) (Incorporated in the Republic of Singapore on 18 November 1994) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Hoe Leong Corporation Ltd. (“Company will be held at 6 Clementi Loop, Singapore *****4 on Friday.
      655 words
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      Lock icon Page 16 Advertisements Column 5
      834 16 UMS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****0340R) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of UMS Holdings Limited (the “Company”) will be held on Friday, 10 June 2011 at 10.00 a.m. at 25 Changi North Rise,
      834 words
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  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      76 17 0 I GOURMET&TRAVEL THE PEAK SELECTIONS 3 uw A SUMPTUOUS FEAST FOR ALL THE SENSES INDULGE LUXURIATE FEAST GOURMET TRAVEL A PUBLICATION OF THE PEAK OUT NOW THE OFFICIAL HIGH SOCIETY GOURMET TRAVEL PUBLICATION FOR WORLD GOURMET SUMMIT 2011 G AWARDS; BEST RESTAURANTS OF 2011 THE HAUTE CHEFS’ LITTLE BLACK
      76 words
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  • Page 18 Advertisements
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      99 18 jaw mm 1 m ft —1 o '5S7 T7 <rv Sylvie Khau R C3 a9 Amos Kwok W Jeffrey CKng 1 Joanne Chong Rodrigues Keith Tan SH >- i wrnm. r#^ Willy Foo E J J ro' 0 i M Organiser my paper mm irSTHE FINAL COUNTDOWN! THE WINNER OF
      99 words
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      Lock icon Page 18 Advertisements Column 2
      517 18 w MATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ENG GEK INVESTMENTS (PTE) LTD (In Members’ Voluntary Liquidation) NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap.50 that the Final Meeting of the members of
      517 words
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  • AVIATION
    • Article, Illustration
      Lock icon Dreamliner delays may be over
      845 19 Boeing likely to deliver plane to its first customer by September: analysts Bloomberg [SEATTLE] Boeing Co’s new 787 Dreamliner earned the nickname “7-Late-7” for three years of delays in entering commercial service. The razzing may soon be over. The world’s first com-posite-plastic airliner probably will
      Bloomberg; AFP  -  845 words
    • Article
      Lock icon BA-Iberia merger boosts passenger traffic by 50%
      556 19 But deal didn’t dent rivals’ lead in cargo sector worth US$60b Bloomberg [LONDON] British Airways’s merger with Iberia boosted passenger traffic by 50 per cent, narrowing the gap to Deutsche Lufthansa AG and Air France-KLM Group. The deal didn’t dent its rivals’ lead
      Bloomberg  -  556 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3217 19 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 KU6458 1415 SQ458 1415 --EY473 1955 VA7473 1955 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 Amsterdam LO4031
      3,217 words
    • Article, Illustration
      Lock icon Pilot strike forces Air India cancellations
      313 19 AFP [MUMBAI] Air India said more than 10 per cent of its flights were cancelled yesterday morning, including one on an international route, after pilots staged a lightning strike over pay. A Mumbai to Singapore flight was grounded as well as at least 12
      – AFP; REUTERS  -  313 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      342 19 CRYPTIC CROSSWORD Across 1 Thus material brings comfort (6) 4 Ramble takes two females into nearly all the country (6) 8 Drug I won’t allow is returned in containers (8) 10 Came across chest being loaded in commercial area (6) 11 River producing erosion (4) 12 Think again about alcoholic
      342 words
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  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      754 20 The Business Times Shipping times 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. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination Destination STXPO
      754 words
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      Lock icon Page 20 Advertisements Column 2
      794 20 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO, COCHIN, NHAVA SHEVA, JEBEL ALI ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL~ VOY~ SIN~ PKL (N PORT)~ CMB (JCT2)~ NSA (NSICT) CMB(JCT2) WHITE SEA~ W010~ 27 APR~ OMIT~ OMIT~ 04 MAY~ 07 MAY KOTA PERWIRA~ 005W~ 02 MAY~
      794 words
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      Lock icon Page 20 Advertisements Column 3
      1289 20 WAN HAI LINES www.wanhai.com.sg TO HONG KONG TAIWAN JAPAN KOREA Major Service Twice Weekly WAN HAI INTERNATIONAL PTE LTD UEN:*****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****588 FAX: (03) *****566 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031)
      1,289 words
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  • SHIPPING/TRANSPORTATION
    • Article, Illustration
      Lock icon Mideast-Asia supertanker rents fall to 33-month low
      361 21 Drop in returns comes as ship glut boosts competition for cargo Bloomberg [LONDON] Rental income from supertankers shipping Middle East oil to Asia, the industry’s busiest trade route, fell to the lowest level in 33 months as a glut of vessels intensifies competition
      Bloomberg; BLOOMBERG FILE PHOTO  -  361 words
    • Article
      Lock icon US shippers may raise fuel surcharges as costs climb
      652 21 Rising diesel prices take toll on business of railroad and trucking companies NYT [WASHINGTON] These should be good times for railroads and trucking companies. After all, an improving economy means more goods and commodities need to be delivered to the nation’s
      – NYT  -  652 words
    • Article
      Lock icon Libya rebel oil cargo to arrive in S’pore today
      231 21 Reuters [SINGAPORE] The first oil tanker from rebel-held east Libya is expected to arrive in Singapore today, transporting 80,000 tonnes of crude oil, the port authority said. The Liberia-registered tanker Equator left the rebel-held east Libyan port of Marsa el Hariga
      – Reuters  -  231 words
    • Article
      Lock icon Rotterdam port’s Q1 cargo volumes almost unchanged
      229 21 Reuters [AMSTERDAM] Rotterdam port, Europe’s biggest, said on Tuesday its cargo volumes in the first quarter of 2011 were almost unchanged from a year ago, as cold weather in the Baltic and high costs curbed shipments from Russia. Cargo volumes passing through Rotterdam
      Reuters  -  229 words
    • Article
      Lock icon TRANSPORT STOCKS
      258 21 SGX '000 Apr 27 S$ +/-Vol CH Offshore 0.44 -0.02 167 Chuan Hup Hldg 0.23 0.01 80 Cosco Corp 2.33 -0.01 9056 s$ First Ship Lea 0.40 -0.01 1285 Freight Links 0.07 unch 120 Grand Banks unch unch 0 Jaya Hold Ltd 0.61 -0.02 955 K1Ventures 0.15 unch
      258 words
  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      873 21 Shipping Times website: http://www.australasialine.com Accepting Container/Breakbulk/Heavy Lifts A US TRAL A S IA LINE AUSTRALIA WEST COAST SERVICE Vessel/Voy~ Lifting Capacity~ PUSAN/MASAN~ KOBE~ XINGANG~ DALIAN~ SHANGHAI~ KAOHSIUNG~ LAEM CHABANG~ SINGAPORE~ DAMPIER~ PORT HEDLAND~ FREMANTLE~ ADELAIDE AAL Fremantle/04WS11 700MT 27/04 28/04 05/05 08/05 17/05 21/05 30/05 05/06 Cape Delfaro/05WS11 200MT 06/06
      873 words
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      Lock icon Page 21 Advertisements Column 2
      447 21 SINOKOR MERCHANT MARINE CO. LTD FMX (W) FMX (E) Vessel Voy SIN KAN PUS SHA HJ PARIS 0104E 21/04 29/04 30/04 02/05 HJ ROME 0089E 28/04 06/05 07/05 09/05 BANJO BR 0009E 05/05 13/05 14/05 16/05 HJ BEIJING 0098E 12/05 20/05 21/05 23/05 Vessel Voy SIN CMB JEA DMM BND
      447 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon A vote that demands careful reflection
      541 22 EDITORIAL IT is widely said that the general election (GE) on May 7 will be one of the most interesting ever to be held in independent Singapore and might even mark a political watershed. While one should not belittle past elections some of which
      541 words
    • Article, Illustration
      Lock icon Is reversion to gold standard the answer to US deficit?
      803 22  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent HOW should the US cut its huge budget deficit which has prompted Standard Poor’s to revise its outlook on the rating of US Treasury bonds from stable to negative and which threatens to
      803 words
    • Article, Illustration
      Lock icon Meeting rising demand for flexible workspace
      1103 22  -  The ability to choose where to work should be embraced as liberation from old tradition By MARK DIXON The writer is CEO of Regus, provider of workplace solutions, with products and services ranging from fully equipped offices to professional meeting rooms, business lounges and
      AFP  -  1,103 words
    • Article, Illustration
      Lock icon Play the job benefits game wisely
      1285 23  -  To be an employer of choice, realise that the well-being of your employees is key to the success of your business By ROSALINE CHOW KOO The writer is Asia Pacific leader for consulting firm Mercer’s health benefits business. She can be reached at rosaline.
      FILE PHOTO  -  1,285 words
    • Article, Illustration
      Lock icon New gender divide in education
      997 23 AP [WASHINGTON] FOR the first time, American women have passed men in gaining advanced college degrees as well as bachelor’s degrees, part of a trend that is helping redefine who goes off to work and who stays home with the kids. Census figures highlight the
      – AP; BLOOMBERG  -  997 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      3572 24 Transaction date: Apr 27 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 Last 60 42 ABR Hldgs 59cd unch 5 59 59 59 62 2.8 3.4 10.6 118.1 Day Last Quote Div
      3,572 words
    • Article
      Lock icon SGX CATALIST
      177 25 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 Company Last 1.5 0.5 t Advanced System 0.5 unch 1435 0.5 0.5 0.5 0.5 16.7 8.3 Vol (’000) Day High Last Quote Low Buyer
      177 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      6916 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd 1.39/ APS Alpha Fund (USD)!** AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd APS Alpha Fund Cl B USD!** Aberdeen Asset Mgt Asia Limited AXA Life Secure Ascent 2020 Fund
      6,916 words
    • Article
      Lock icon GLOBALQUOTE
      216 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55 16 Genting HK US$ US43.5 -0.5 7241 44.5 43 43 43.5 2864.3 Vol 223 168 TanChongInt HK200xd 192 197 2.9 2.5 13.9 4027.8 STOCK PRICES LEGEND:
      216 words
    • Article
      Lock icon SGX ETF
      806 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 114 unch 10 114 114 112.1 114 520.4 1075 761 CIMBAsean40 100US$ US1062 +2 0 1062 1062 1059 1067 42.5
      806 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 26 In local curr In S$ In US$ dy yr dy yr dy yr Apr 26 Index Change Change Change Change Change Change World Index Preliminary 934.7 0.5 4.1 0.5 2.8 0.7 6.8 EAFE Preliminary 808.3 0.2 0.9 0.3 2.2 0.5 6.1 Europe Preliminary 1208.8 0.7
      374 words
    • Article
      Lock icon INTERBANK RATES
      179 26 Apr 27 Bid $S Offer Bid 0vernight 0.05 0.03 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.25 US$ Offer Bid 7 days 0.23 0.13 1 month 0.33 0.23 2 months 0.38 0.28 3 months 0.42 0.32 6 months 0.52 0.42 9 months 0.75 0.55
      179 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      25 26 Apr 27 S$ S$ Bid Offer 1-month 1.2323 1.2334 2-months 1.2322 1.2333 3-months 1.2322 1.2333 6-months 1.2319 1.2330 Source: OCBC Source: OCBC
      25 words
    • Article
      Lock icon SICOM FUTURES
      140 26 Apr 27 RUBBERFutures (Closing prices) RSS 3(US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 11 554.2 548.0 554.2 4 Jun 11 545.0 Jul 11 536.7 Aug 11 521.7 Sep 11 513.0 Oct 11 494.0 Nov 11 508.0 508.0 494.0 5 Dec 11 508.0 508.0
      140 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 26 Apr 27 Apr TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 28.07.2011 0.27 0.23 0.23 1-Year BY*****X 02.05.2012 0.44 0.43 0.41 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.23 102.26 102.26 5-Year N*****0W
      86 words
    • Article
      Lock icon CHICAGO BOT
      107 26 Apr 26 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1382.75 1389.50 1390.00 1371.75 Jul 11 1389.25 1396.50 1397.25 1378.00 Aug 11 1388.00 1394.50 1395.00 1378.50 Sep 11 1380.75 1388.25 1385.25 1372.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 58.05
      107 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Apr 26 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 124.14 0.99 WTI (Near Mth) 112.12 -0.09 Dubai (1-Mth F) 117.70 0.08 Tapis blend 131.56 -0.17 Minas 127.96 -0.17 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 119.11 0.61 Jet Kerosene 138.05 -0.65 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1876 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 22 unch 25 1 10 -11 1.64 55 Asia-Pacific Strategic W*****6 24 1 150 4 7.00 37 Ratio Exer Asia Water Tech Ltd W*****8 4 1 5 6
      1,876 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      122 26 Apr 27 As at 9am Apr Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.374 1.297 Can dollar 1.319 1.269 Euro 1.842 1.772 Sterling pound 2.07 1.991 NZ dollar 1.022 0.974 US dollar 1.249 1.201 Local dollars to 100 units of
      122 words
    • Article
      Lock icon STOCK INDEX FUTURES
      28 26 Apr 27 Apr Open High Sett STI Apr 3182 SIMSCI Apr 375.1 379.8 376.6 Taiwan Apr 317.0 321.6 321.2 Source: MF Global (S) Pte. Ltd
      28 words
    • Article
      Lock icon PALM OIL
      68 26 Apr 27 Apr KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 11 3350 3370 3377 3350 400 7685 Jun 11 3340 3305 3340 3305 2010 ***** Jul 11 3312 3277 3320 3277 ***** ***** Aug 11 3306
      68 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      474 26 Apr 27 Apr 27 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.7000 0 3432 Sep11 99.6350 0 2357 Dec11 99.5250 0 1078 Mar12 99.3500 0 5577 EUROYEN TIBOR FUTURES Jun11 99.6750 0 5402 Sep11 99.6725 0 1533 Dec11 99.6750 99.6750 99.6750 99.6650 0 1953 Mar12
      474 words
    • Article
      Lock icon INTERBANK CROSS RATES
      470 26 Apr 27 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.030 7.043 0.737 8.405 48.072 93.285 0.885 11.688 3.221 1.341 91.431 46.721 1.333 7.203 0.947 31.198 32.394 0.658 1.081 Canada 0.971 6.840
      470 words
    • Article
      Lock icon SIBOR
      61 26 Apr 27 (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$) 0.***** 3 mths 0.***** Apr 0.***** 9 mths 0.***** SWAP Mid rates (S$) 0.***** SWAP Mid rates
      61 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 26 Apr 27 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3321 1.3338 1.0810 1.0815 Canadian dollar 1.2936 1.2955 1.0498 1.0504 Euro 1.8068 1.8085 1.4662 1.4664 NZ dollar 0.9930 0.9944 0.8058 0.8063 Sterling pound 2.0253 2.0274 1.6435 1.6439
      154 words
    • Article
      Lock icon PRECIOUS METALS
      142 26 Apr 27 GOLD(US$/oz) Apr 26 Apr 27 Hong Kong 1505.50 1508.60 Apr 27 Apr 21 Apr 26 London 1503.65 1499.85 1504.45 1500.62 Source: Thomson Reuters Source: Thomson Reuters CAST BAR Apr 27 (S$) Selling Buying Kilobar 64,112.26 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 144 60 5gm
      142 words
    • Article
      Lock icon LONDON METALS
      69 26 Apr 26 Apr 26 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 2737.25 2734.00 3 months 2747.00 2745.00 Copper, Grade A(US$/tonne) Cash 9520.50 9681.50 3 months 9545.00 9705.00 Lead(US$/tonne) Cash 2596.00 2635.00 3 months 2558.00 2601.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00
      69 words
    • Article
      Lock icon LIFFE
      80 26 Apr 21 Apr COCOA(£/tonne) Close Prev High/Low May 11 1874 1912 1916/1871 Jul 11 1890 1922 1918/1887 Sep 11 1908 1937 1934/1905 Dec 11 1925 1957 1951/1922 COFFEE(US$/tonne) Close Pev High/Low May 11 2408 2454 2449/2400 Jul 11 2435 2482 2475/2406 Sep 11 2456 2501 2495/2423 Nov 11 2475
      80 words
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  • BizIT
    • Article
      Lock icon APTs introduce new level of risk
      1003 27  -  <you say> By VICTOR KEONG The author is partner, information protection business resilience at KPMG in Singapore. The views expressed are his own LIGHTNING-QUICK change is an accepted fact of life in the cyber world, where the constant development of new hardware and software
      1,003 words
    • Article
      Lock icon Apple still leading the pack
      315 27 Reuters [TORONTO] Google’s Android platform has lost some allure for software developers still smitten with Apple, while Research In Motion (RIM) and Microsoft have fallen further behind the two leaders, according to a survey on what devices new apps are likely to be developed for.
      Reuters  -  315 words
    • Article, Illustration
      Lock icon Firms’ security efforts found wanting
      604 27  -  Study shows important infrastructure companies are among the biggest laggards in increasing security measures, reportsVICTORIA reportsVICTORIA HO THE magnitude of cyber attacks has gone up, but security efforts put in place by companies are not keeping pace with these attacks, said Mike Sentonas, McAfee’s Asia-Pa-cific
      604 words
    • Article
      Lock icon Tablet trend picking up steam in Singapore
      489 27  -  By VICTORIA HO THE “third device” trend is in full swing this year, with almost half of Singaporeans flocking to add tablets to their personal gadget arsenal within the next six months, according to a global survey. The TNS Global Life 2011 report
      489 words
  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      32 27 YOU MUST-HAVE ESOU CE BOOK! BRAND NEW ANNUAL MAGAZINE OUT NOW! 3/22/11 10:33:50 AM SPACE PLANNING DECOR TRENDS LIGHTING MATERIALS HOMES BATHROOMS KITCHENS WARDROBES GADGETS Available at all major bookstores and www.homeanddecor.com.sg
      32 words
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      Lock icon Page 27 Advertisements Column 2
      40 27 tabla! HEARTBEAT OF THE INDIAN COMMUNITY FORTUNE FASHION FAD Gold is hot and so are the designs this Akshaya Tritiya A Singaporean’s 20-year journey as a Sai Baba follower GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      40 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Hurdles in US govt’s building sales
      914 28 Efforts to dispose of surplus buildings to save annual operating expenses topping US$1.8b run into obstacles NYT [NEW YORK] FOR more than six years Akridge, a developer in Washington, had its eye on a 10-storey office building in Bethesda, Maryland, which had been vacant
      NYT; REUTERS  -  914 words
    • Article
      Lock icon Househunt
      1554 28 PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 16 WITH CONTRACT DATES BETWEEN MARCH 30 AND APRIL 5, 2011 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Marina Bay Residences Apt 30/03/2011 99 2379 6899 2900 One Shenton Apt 31/03/2011
      1,554 words
    • Article, Illustration
      Lock icon India’s property stocks ripe for the picking
      649 29 83% plunge in valuations; rebound likely in two years: Macquarie bottom,” he said. Bloomberg [MUMBAI] India’s real estate stocks have attractive valuations after plunging 83 per cent from their peak and are likely to rebound within two years, according to Macquarie Group Ltd.
      bottom,” he said. – Bloomberg; BLOOMBERG  -  649 words
    • Article, Illustration
      Lock icon Housing’s threat to US recovery
      1225 30 Home owners struggling to service their loans in negative equity mortgages are finding it impossible to spend money on anything else Bloomberg [WASHINGTON] CHRISTINE Johnson has reduced her spending on clothes, travel and home improvements all so she can stay current on the house she
      Bloomberg; BLOOMBERG  -  1,225 words
    • Article
      Lock icon CB Richard Ellis, JLL post higher Q1 profit
      445 32 Leasing, commercial property sales, better credit markets boost revenue Reuters [NEW YORK] Commercial property services companies CB Richard Ellis Group Inc and Jones Lang LaSalle Inc posted sharply higher revenue, boosted by a rebound in commercial property sales and leasing, and improved
      – Reuters  -  445 words
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      Lock icon Fewer Britons forecast fall in house prices
      345 32 Bloomberg [LONDON] Fewer Britons expect home values to decline in the next year as a shortage of properties for sale persists, Rightmove plc said. One in four people questioned this month forecast a drop in prices, compared with one in three in the
      Bloomberg; BLOOMBERG  -  345 words
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      Lock icon HK land auction beats pre-sale estimates
      401 33 It defies govt effort to rein in prices, cool public anger at overheated market AFP [HONG KONG] Hong Kong’s latest land auction smashed pre-sale estimates yesterday, defying government efforts to rein in soaring prices and cool public anger at the city’s overheated property market.
      – AFP; AFP  -  401 words
    • Article
      Lock icon Pinewood backs Whittaker in battle for James Bond studio
      352 33 Reuters [BANGALORE] Pinewood Shepperton agreed to be bought by largest shareholder and property tycoon John Whittaker, after his investment firm sweetened its bid for the James Bond studio to £96 million (S$195.9 million), in a bid to ward off a late
      – Reuters  -  352 words
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      Lock icon China may unveil more property curbs
      287 33 Reuters [BEIJING] China could launch new measures to curb its exuberant property market around the upcoming May Day holiday, a Chinese newspaper said yesterday. The measures could be introduced over the break as the government would have by then inspected how some provinces are
      Reuters  -  287 words
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      381 32 The NUS Institute of Real Estate Studies (IRES) INVITES YOU! “Asian Real Estate: Will the Boom Never End? 19th May 2011 (Thursday), 9 am 2 pm The Jurong Room, Shangri-la Hotel Singapore You Cannot Miss This Thought Leadership Forum! For any corporate professional or business leader, this IRES Forum presents
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      120 32 CLEMENCEAU AVE HAVELOCK RD CHIN SEACARE HOTEL SWEE U/C PROPOSED HOLIDAY INN EXPRESS DEVELOPMENT Magazine Rd OUTRAM JLN KUKOH RD RD CTE CHIN SWEE LANDMARK TOWER HOTEL RE CENTRAL MALL OUTRAM PARK ERP Gantry CHIN SWEE RD HAVELOCK RD UPPER CROSS ST MANHATTAN HOUSE PEARL’S Subject Property TERRACE TERRACE PEARL’S
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      20 32 Grow Your Stock Call 1800 289 8822 or e-mail notices@sph.com.sg to place your Mergers Acquisitions Notices MATS NOTICES CLA/FEB1 1/g
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      95 33 COLLECTIVE SALE Tender closing 12 May (Thurs) 3pm CHONG KIM APARTMENT TT ThomsonRd NOVENA MRT MandalayRd AkyabRd Bassein Rd Square 2/ Velocity Revenue House MoulmeinRd Newton Rd United Square St. Joseph’s Institution Junior Freehold Land area 15,359.2 sf Potential state land purchase of 1,500 sf (estimated) Plot Ratio 2.8/ up
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      382 33 0 N A striking new Zone 1 landmark development for The City of London .-a siSt. Mary Axe The Gherkin 17 J Mil ¥ISJKs£ wm?. ,i.. 'YiJl MS11 VnVjTnnyYrhlin~ T Ss mi:.' =:"S: K£! m. ~-it SB*r 31*msmes£ 2Vto^ c- ■e.aBtp.T.' T‘ ,’s-u •y jv-r/S fcS5 a*.?? zr-r^m -VG& LI
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  • VISIONARIES
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      Lock icon Architecture as Art
      1133 34 The secret to the longevity of Frank Gehry’s career might just be that he is more artist than architect IN the growing constellation of starchitects, few have shined as bright or as long as Frank Gehry. While he is perhaps best known for designing the Guggenheim Museum
      BLOOMBERG; DAVID HEALD, THE SOLOMON R. GUGGENHEIM FOUNDATION, NEW YORK  -  1,133 words
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