The Business Times, 10 May 2011

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Total Pages: 32
1 32 The Business Times
  • 22 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Tuesday, May 10,2011
    22 words
  • 913 1  -  Retailer to use S’pore springboard to dive into region By KALPANA RASHIWALA [SINGAPORE] Japanese retailer Takashimaya which posted record sales and net earnings for its operation here last year is planning to use its Singapore operations as a springboard to expand in
    ARTHUR LEE  -  913 words
  • 145 1 G ST INDEX 3,136.94 (+37.42) G ST INDEX FUTURES 3,129 (+39) G SIMSCI 367.56 (+4.27) G SIMSCI FUTURES 366.10 (+4.60) FOREX US$ S$ US$ (S$ per US$) 1.233 (US$/S$ per 1.639 2.020 EURO (US$/S$/E) 1.443 1.779 Foreign currency per US$ S$ YEN 80.60 65.40 RM 2.986 2.423 HK$
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  • 666 1  -  It may affect confidence in its economy and US dollar; Europe not out of the woods By CONRAD TAN [SINGAPORE] The global economy remains vulnerable to risks from various unsolved problems in the United States and Europe, though the long-term prospects for Singapore
    666 words
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  • TOP STORIES
    • 570 2 US deficit mountain casts long shadow: PM Lee THE global economy remains vulnerable to risks from various unsolved problems in the US and Europe, though the long-term prospects for Singapore are good, Prime Minister Lee Hsien Loong said yesterday. While the world’s major economies are recovering slowly, “there
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    • 678 2  -  Bluechip STI rises 1.2% or 37.42 points to 3,136.94, after last week’s sell-off By MICHELLE TAN [SINGAPORE] The post-elec-tion effect seems to have been a positive one for Singapore stocks yesterday. Last week, the Straits Times Index (STI) was sold down by more
      AFP  -  678 words
    • 577 4  -  Dispute between partners over ending of lease; clubs hope to open before F1 By GRACE LEONG [SINGAPORE] Amid a legal battle that erupted last week between the operators of American celebrity nightclubs Pangaea and Avalon and a former partner, both clubs are
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    • 659 4  -  By MICHELLE TAN [SINGAPORE] Stock market wisdom has it that equity prices tend to go downhill as summer approaches. But is the familiar refrain “sell in May and go away” based on track record or is it more a self-fulfilling prophecy? “The month of
      Source: CIMB Research  -  659 words
    • 649 4  -  By ANTHONY ROWLEY in Tokyo ANXIETY over whether Japan would be able to get through its usually hot summer without electric power restrictions that could further damage industrial output and the economy rose with the announcement last night that another nuclear power station is
      AP  -  649 words
    • 593 4  -  Govt expected to pay more attention to inclusive growth By CHUANG PECK MING [SINGAPORE] Analysts watching the outcome of the General Election (GE) see no change in Singapore’s economic model Prime Minister Lee Hsien Loong has already said so as the People’s Action
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    • 563 4  -  By CHUANG PECK MING [SINGAPORE] Stick to core values. That’s what the Government of Singapore Investment Corporation (GIC) must do to succeed in the next 30 years which look just as challenging and with an investment outlook less benign than in
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  • Page 2 Advertisements
    • 513 2 Stepping up to the changing financial reporting landscape 26 and 27 July 2011 pwc The financial reporting landscape is undergoing an overhaul. Changes in accounting impact financial statements and have broader implications on business practices processes and control. Join us at the PricewaterhouseCoopers (PwC) FRS workshop to keep abreast of
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    • 197 2 HOSPITAL BUILD ASIA 2011 EXHIBITION CONGRESS ASIA'S LARGEST BUSINESS-TO-BUSINESS HOSPITAL INFRASTRUCTURE EVENT 10 -12 May 2011 10:00AM 6:30PM Hall A, Level 1, Sands Expo Convention Center Marina Bay Sands Singapore f| ee by exhu 8ls O' 'Kll0O's ASIA'S HEALTHCARE CLIMATE IS UNDERGOING RAPID CHANGES WITH NEW BREAKTHROUGHS IN HEALTHCARE TECHNOLOGY
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  • Page 3 Advertisements
    • 63 3 Asset Management Wealth Management Asset Services The past. The future. We respect them equally. ■St A. -V C 1 rr tk JE H SBWBr m sv T*>-; *8Photograph by Christian Houge Private bankers since 1805 Geneva Lausanne Zurich Basel London Luxembourg Frankfurt Paris Madrid Barcelona Turin Milan Rome Florence Dubai
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  • COMPANY NEWS
    • 358 6  -  Turnover slides 39% to $828.9m as new jack-up rig projects were still in the planning stage By JOYCE HOOI SEMBCORP Marine’s net profit inched upwards by 1.2 per cent, from $148.8 million to $150.6 million, in the first quarter, even as turnover took a 39
      BLOOMBERG FILE PHOTO  -  358 words
    • 490 6  -  By JAMIE LEE HIGH-FREQUENCY traders can be put off by high cost of trading in Singapore, according to data from an Australia-based research firm presented at a Singapore Exchange (SGX) seminar yesterday. This, however, is not likely to prompt SGX to ease
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    • 380 6  -  Incumbent Chumpol NaLamlieng to step down at July AGM By KELLY TAY SINGAPORE Telecommunications (SingTel) yesterday announced that its chairman, Chumpol NaLamlieng, will be stepping down at the group’s upcoming annual general meeting (AGM) on July 29. Subject to shareholders’ approval, Mr
      380 words
    • 361 6  -  By JOYCE HOOI OFFSHORE vessel builder STX OSV posted a 28.1 per cent increase in net profit for the first quarter ended March 31, 2011, to 310 million Norwegian kroner (S$70 million) from 242 million kroner a year earlier. Revenue for
      361 words
    • 377 7  -  Earnings from hospitality and property investment businesses grow By EMILYN YAP OVERSEAS Union Enterprise (OUE) yesterday posted stronger results for the first quarter ended March 31 as earnings from its hospitality and property investment businesses grew, and fair-value gains on investment
      FILE PHOTO  -  377 words
    • 288 7  -  By VEN SREENIVASAN CEREBOS Pacific’s net profit for the January-March 2011 first quarter rose 28 per cent to $29.1 million, from $22.7 million, due to strong contributions from its health supplement division. Turnover was up 7 per cent at $230.9 million,
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    • COMPANY BRIEFS
      • 64 7 ST ENGINEERING announced that its electronics arm, ST Electronics, has won a $68 million contract to supply Army Gunnery Tactical Driving Simulation Systems to Singapore’s Ministry of Defence. Work on the contract begins immediately and the systems are expected to be delivered in 2014. Under
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      • 133 7 OKP Holdings said that its first quarter net profit rose 49.4 per cent to $5.24 million from $3.5 million a year ago. Higher profits were made due to cost-saving measures used in certain design and build construction projects. Revenue fell by 3.1
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      • 104 7 BENG Kuang Marine reported a net profit of $686,000 for the first quarter ended March 31. This is 56 per cent lower than the profit of $1.55 million from the same quarter the previous year. Overall revenue rose 47 per cent
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    • 369 7  -  This goes up to $3.8m if exceptional items are excluded By NISHA RAMCHANDANI FASHION and lifestyle group FJ Benjamin Holdings (FJB) registered a net profit of $3.22 million for the third quarter ended March 31, 2011, compared with $3.03 million for the
      369 words
    • 334 9  -  Revenue hit by declines in three business segments By LYNN KAN ASL Marine Holdings’ net profit for the third quarter ended March 31 slipped 13.5 per cent to $8 million from $9.3 million a year ago. Revenue for the integrated marine services
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    • 346 9  -  By MINDY TAN CWT yesterday posted a 28 per cent year-on-year drop in first-quarter net profit to $8.4 million. Its performance was hit by unrealised foreign exchange losses arising from the strengthening of the Singapore dollar, and start-up costs attributed to its
      FILE PHOTO  -  346 words
    • 301 9  -  By NISHA RAMCHANDANI LMA International’s net income rose 17 per cent to US$3.23 million for the first quarter ended March 31, up from US$2.77 million a year ago, boosted in part by maiden contributions from the recent acquisition of US-based Wolfe Tory
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    • 469 9  -  Olam to set up almond processing factory, Wilmar inks two supply deals By FELDA CHAY AT least two commodity players had expansion plans to share yesterday. Olam International said that it will invest between A$50 million (S$66 million) and A$55 million to set
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  • Page 6 Advertisements
    • 234 6 CommunicAsia2011 [nteroriseMT2011 Marina Bay Sands, Singapore Suntec Singapore 21-23 JUNE 2011 10:30am 6pm -Si c Pas Asia's Most Relevant Comprehensive ICT, Digital Media Entertainment Event Witness the latest technologies in 3D, Cinematography, Cloud Computing, HbbTV, HD Technology, NextGen Services Applications, OEM/ODM in Action, Production/Post Production, Sustainable ICT and many more
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    • 883 6 (Incorporated in Singapore) (Company Reg. No. *****8258M) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 8, Wilkie Road, #03-01 Wilkie Edge, Singapore *****5 on Thursday, 26 May 2011 at 10.00 a.m. for the following purposes: As Ordinary
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  • Page 7 Advertisements
    • 117 7 Invcstmcnt^Trends MARKETS get thinking FX/CFD trading The more you trade the more you save. Activity! I Tickets Open Positions Working Oraers [Lsyouts lUisk E Watchlists I indices 'Mini "S- s 1: '■i p Enjoy automatic rebates every month with Singapore's No.1 for CFD Customer Satisfaction.* Make huge savings on FX
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  • SINGAPORE MARKETS
    • 585 8  -  Market insiders describe the 37.42-point gain by the STI to 3,136.94 as a ‘relief rally’ following the polls STOCKS VEN SREENIVASAN Senior Correspondent PREDICTIONS that a lower proportion of popular vote for the ruling People’s Action Party (PAP) would send the market tumbling proved
      Source: Bloomberg  -  585 words
    • 4 8 DAILY
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    • 66 8 May 9 VALUE CLOSE BT OB/OS -615.00 +95.0 BT CADI -*****.00 +147.0 BT 10-day MA -*****.00 -62.00 FTSE ST Mid Cap 764.40 +7.25 FTSE ST Small Cap 543.36 +2.71 FTSE ST All Share 770.79 +8.54 FTSE ST China Top 272.97 +1.46 FTSE ST China 302.34 +1.07 FTSE
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    • 58 8 VOLUME Golden Agri 91,375,000 Genting SP 62,627,000 Tuan Sing 26,466,000 NOL 25,727,000 Dyna-Mac 23,854,000 Cosco Corp 18,760,000 Noble Grp 15,580,000 SunVic 14,903,000 NexGenSCom 12,106,000 Oceanus 11,743,000 VALUE($) Genting SP 135,488,430 Golden Agri 60,936,370 DBS Grp 60,152,868 Keppel Corp 54,895,967 UOB 49,651,376 NOL 48,949,170 OCBC Bk 41,633,664 Cosco
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 11 2 3 0 0 0 11 2 3 Manufacturing 64 29 53 3 6 8 67 35 61 Commerce 28 7 21 1 4 3 29 11 24 Tpt/Stor/Comms 17 8 16
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    • BROKERS’ TAKE
      • 381 8 Singapore May 9 close: S$3.10 DBS GROUP RESEARCH, May 9 BHARTI may grow slower than expected, eroding SingTel’s appeal as a cheap proxy to Bharti. While revenue growth has resumed for Bharti and margins in Africa are likely to improve, cost pressure from 3G roll out in India
        Source: Bloomberg  -  381 words
      • 434 8  -  Compiled by LYNN KAN STI, May 9 close: 3,136.94 CIMB RESEARCH, May 9 THE Singapore ruling party has just won its lowest mandate (60.1 per cent) in a general election (GE) yet. Our take is that the GE results will not spook financial markets. We believe there were
        434 words
      • 79 8 FY fiscal/financial year P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first, second, or third quarter q-o-q quarter-on-quarter TP target price y-o-y year-on-year Disclaimer: All analyses, recommendations and other information herein are published for general information. Readers should not rely solely on the information published and should
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    • 117 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 46,917 46,917 89,908 89,908 Manufacturing 193,407 5,838 199,245 200,722 773 201,495 Commerce 63,030 4,773 67,803 104,431 3,386 107,816 Tpt/Stor/Comms 119,115 628 119,743 220,344 92 220,436 Finance 17,385 17,385 182,089 182,089 Construction 19,610 706 20,316 7,243
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    • 111 8 Stock name Close Change CapMallsAsia 1.720 +0.030 CapitaLand 3.230 -0.050 CapitaMall 1.900 +0.010 CityDev 11.540 +0.300 ComfortDelGro 1.460 -0.010 DBS Grp 14.800 +0.300 F&N 6.220 +0.030 GLP 2.000 +0.010 Genting SP 2.170 +0.070 Golden Agri 0.665 +0.010 HK Land 7.350 JMH 49.500 +1.560 JSH 29.200 +0.200
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    • 462 8 CURRENCIES Reuters [NEW YORK] The euro recovered yesterday after a strong sell off last week, but eurozone debt worries continued to mute gains, particularly after a ratings downgrade of Greece. The euro pared gains after Standard and Poor’s cut Greece’s rating to
      Reuters; REUTERS  -  462 words
    • 108 8 BY CENTS CLOSE UP GLD 10US$ ***** 357.3 2.0 JMH 4950 192.2 3.3 DBXT Nifty 10US$ ***** 85.0 0.6 Daiwa FT Shariah Jap 854 46.8 4.7 Lyxor China H 10US$ 1674 40.7 2.0 DairyFarm 912 32.0 2.9 CityDev 1154 30.0 2.7 DBS Grp 1480 30.0 2.1 DBXT MSTHAI 10US$
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    • 127 8 BY CENTS CLOSE DOWN DBXT iBoxxSvEu 5US$ *****-574.2 -1.9 DBXT DBCBDJUBS 10US$ 3700-369.6 -7.5 Lyxor Europe 10 US$ 1425 -49.3 -2.7 DBXT MSUSA 10US$ 3195 -45.6 -1.1 CIMBAsean40 100US$ 1042 -43.1 -3.2 Lyxor EasternEurope1 657 -29.6 -3.5 DBXT S&P Short 10US$ 4168 -23.4 -0.5 Spore Land 688 -22.0 -3.1
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    • 5 8 DAILY
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  • Page 9 Advertisements
    • 125 9 itHADs WMW a M forLil lo'Mfi 9 "...a lot of things with w' 1 j c 1 struggling seems to be falling in place. Informative and entertaining and fathering can be fun and fulfilling." Participants of the Dads for Life Conference 2010 Our featured speaker: Dr Ken Canfield Founder of
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  • SINGAPORE NEWS
    • 484 10  -  Substantial portion of Phase 1 output already committed to new customers By RONNIE LIM CHINA Huaneng-owned Tuas Power (TP) expects to decide “sometime this year” on embarking on Phase 2 of its $2 billion clean coal/ biomass multi-utilities
      484 words
    • 461 10  -  By MALMINDERJIT SINGH COMPANIES from Europe have pledged investments of up to RM19 billion (S$7.86 billion) in Malaysia under the country’s Economic Transformation Programme (ETP). According to Malaysia’s Minister of International Trade and Industry Mustapa Mohamed, investments from European companies amount to
      461 words
    • 246 10 THE Central Narcotics Bureau of Singapore (CNB) and the Colombo Plan Drug Advisory Programme, a regional intergovernmental organisation, is holding a training forum here for regional drug enforcement officers this week. The five-day training forum at Hotel Novotel aims to sharpen law enforcement capabilities
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    • SINGAPORE ROUNDUP
    • 313 10  -  By MAXIE AW YEONG THE Singapore Green Building Week (SGBW) this year will aim to be more extensive and provide greater depth and breath of discussion among industry practitioners in the region. Organised by the Building and Construction Authority (BCA) for the third year, the
      313 words
    • 220 10  -  By REBECCA LIU THE Singapore Business Federation (SBF) yesterday announced a new addition to its stable of human capital development initiatives The SBF-Mercer Leadership for Success Programme. This, alongside the SBF-Hay Human Capital Series of thematic workshops and seminars and the SBF Mentorship Programme,
      220 words
    • 443 10  -  Move from drafting to 3D modelling takes commitment By EMILYN YAP ADOPTING a three-dimen-sional modelling system for buildings is not just about spending money on software and training. Firms in the construction sector also need to review the way they work to
      443 words
  • Page 10 Advertisements
    • 121 10 UNITED INDUSTRIAL CORPORATION LIMITED (Co. Reg. No. *****0181E) (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATE Application has been made to the Directors of the abovenamed Company to issue duplicate certificate in place of the following certificate in the name of Estate of Leonard Jack Fairman, Deceased which has
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    • 46 10 How to run a business without running out of ideas May/June issue out now! Available at Caltex, Esso, Shell and SPC petrol stations, 7 Eleven and Cheers stores and leading bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-3838
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  • SME Inc
    • 1145 11  -  Homegrown tile provider Hafary Holdings has ambitious plans to grow its business, reports MINDY TAN reports MINDY TAN ‘WE ARE not selling tiles, we are selling design.” That’s the bold assertion of Eric Low, chief executive of Hafary Holdings, a homegrown tile provider that
      1,145 words
    • 1064 12  -  Logistics firm Addicon wants to grow into a $100m company within three to five years, reports JASLENE PANG reports JASLENE PANG AT SOME point a few months ago, turmoil in the Middle East was threatening to spill over to affect the fortunes of homegrown logistics
      ARTHUR LEE  -  1,064 words
    • 769 12  -  By CHEN HUIFEN WHEN Connie Kwan and her husband Richard Lee started Aalst Chocolate Pte Ltd, they knew full well that they would be pitting themselves against giants in an industry that is traditionally associated with the Western world. But the duo went ahead anyway, holding
      YEN MENG JIIN  -  769 words
    • 504 12  - Portfolio slips 1 lower By TEH HOOI LING UNCERTAINTIES about the global economy depressed stock prices in the last couple of weeks. Our small cap portfolio ended one per cent lower, after accounting for the dividends declared by some of the stocks. In comparison, the Small Cap Index slumped by
      504 words
    • 1690 13  -  RICHARD MACKENDER and SHAREEN TAN run through some of the important changes in GST and highlight how your business can take advantage of the opportunities these changes present RICHARD MACKENDER and SHAREEN TAN Richard Mackender is director of taxes, indirect tax (GST), and Shareen Tan
      FILE PHOTO  -  1,690 words
    • 875 14  -  COMMENTARY By TOH ZILING and ROGER LOO Toh Ziling is a brand strategist Roger Loo is the director of stra tegic advisory services at BDO Consultants Pte Ltd SUSTAINABILITY and corporate social responsibility (CSR) are current buzzwords. From the business point of view, sustainability should
      Source: Mallen Baker, n.d.  -  875 words
    • 423 14 ASK NUS PROFS Q: I am currently working in a local family business. As I have recently graduated from school, I have come to realise that, as with most small family businesses, there is often too much informality, and few written agreements. How can I
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    • 589 14  -  By WONG SU-JIN AN AGEING population, increased incidence of chronic illness, and rising popularity of medical tourism these factors and more contribute to the anticipated spike in Singapore’s healthcare expenditure. Come 2015, healthcare spending per head in Singapore is expected to
      589 words
    • 319 14  -  By ENYA LIM UP-AND-COMING online marketing agency PurpleClick Media recently secured an exclusive partnership with a regional subsidiary of Chinese Web giant Baidu China Search (Asia) Limited (“China Search”), fortifying its already promising track record. China Search (Asia) Limited is the exclusive reseller
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    • 220 14 SALES and marketing guru John Asher will be in Singapore again later this month, following a successful run of his seminars here in March. The chairman and CEO of Washington DC-headquartered Asher Sales Strategies is repeating his sales training programmes for SMEs, with a
      220 words
  • Page 11 Advertisements
    • 613 11 The Programme has greatly enhanced our management's process thinking capabilities to facilitate more effective communication within the organisation. For SMEs like us, we need to be able to embed design practices into our processes to reap the benefits of innovation in a low-risk and cost-saving manner. Mr Kelvin Ong, Group
      613 words

  • Page 12 Advertisements
    • 125 12 V get there The Financial Solutions Provider that Listens At IFS Capital, we guarantee one thing above all We Listen. It's through listening that we're able to use our experience and wide-ranging services to tailor innovative financial solutions to suit your individual needs. We have been doing it since 1987
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  • Page 13 Advertisements
    • 301 13 4%!$/$**727*)(02/5.71*.-0’))!$"71&+ %!$0/)727*)$8/$()*7))0(!.1#$+ %!$5$.&$,.&6’*)*)!$*.75*+3 John Maxwell June 26 July 1, 2011 Led by faculty members from top international business schools ("6# ’B J&C97 <% &.;&9"&L>& "L =&2&N<;"L$ >C;6C"L7 <% "L=4769JF 6#"7 ’?76 CLL4CN ;9<$9CMM& 0"NN &M;<0&9 J<4 0"6# %9&7# "L7"$#67F =JLCM"7M CL= %<90C9=EN<<!"L$ 0CJ7 6< @9"L$ J<49 @47"L&77 6< $9&C6&9 74>>&77D
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  • Page 14 Advertisements
    • 41 14 Tuck into THE GREAT outookCHARITY CEO c Feast on great hawker fare prepared personally by S'pore's top bosses Feel good because all proceeds go to charity When: Every Friday (7-9pm) Where: Food Republic Beer Garden at St James Power Station thenewpaper
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  • ECONOMY WATCH
    • 623 15 Bernanke reassures investors, says that he is in no hurry to raise interest rates Bloomberg [NEW YORK] Price swings in the Treasury market are approaching the smallest levels in four years, a sign that the end of the Federal Reserve’s US$600 billion bond-purchase programme next
      Bloomberg  -  623 words
    • 306 15 Reuters Reuters [MELBOURNE] Top global miner BHP Billiton sees the global economy remaining fragile in the near term and warned that economic growth could slow in the medium term, echoing recent comments from rival Rio Tinto. BHP Billiton chairman Jacques Nasser said yesterday
      Reuters  -  306 words
    • 409 15 Bloomberg [FRANKFURT] German exports surged in March to the highest monthly value ever recorded, boosting growth in Europe’s largest economy. Exports, adjusted for work days and seasonal changes, jumped 7.3 per cent from February, when they gained 2.8 per cent, the Federal Statistics
      Bloomberg; AFP  -  409 words
  • Page 15 Advertisements
    • 509 15 ©SINGAPORE WORKFORCE SKILLS QUALIFICATIONS A I 9 i —i s£ Congratulations to the winners of the AAIS-WDA AeroWSQ Star Awards. Organised by the Association of Aerospace Industries (AAIS) and Singapore Workforce Development Agency (WDA), the AAIS-WDA AeroWSQ Star Awards celebrates the full-flight contributions of industry leaders, aerospace companies, workers and
      509 words

  • MALAYSIA/INDONESIA
    • 490 16  -  Moves by central bank on interest rate and reserve ratio point to that By S JAYASANKARAN in Kuala Lumpur BANK Negara Malaysia’s (BNM) surprise rate hike last week, coupled with an expected rise in the amount of funds that banks have to set aside,
      490 words
    • 505 16  -  Investors pile in as bank completes EON Cap takeover By PAULINE NG in Kuala Lumpur HONG Leong Bank shares surged by 7.5 per cent yesterday as investors make a beeline for Malaysia’s fourth biggest banking group following the completion of its RM5.06 billion (S$2.1
      BLOOMBERG FILE PHOTO  -  505 words
    • 481 16 AFP [JAKARTA] Conservation group WWF yesterday urged timber firms to drop plans to clear Indonesian forest areas where in-fra-red cameras have captured footage of rare Sumatran tigers and their cubs. The video recorded in March and April shows two mothers with four cubs
      AFP  -  481 words
    • 217 16 Reuters [JAKARTA] Indonesia’s foreign exchange reserves jumped in April by US$8 billion, the highest ever monthly increase, to a new record as the central bank pocketed US$2.5 billion from investors snapping up a global bond issue. The central bank has said
      Reuters  -  217 words
  • Page 16 Advertisements
    • 159 16 ik wm m rag mri > >';• Jt "m /iyx9 *3h* ip mm mi •;ss® <y£" JWvl| i-! fe-A Sf" ?w --V <•»> z/-' 55* 'i Only the 50 most enterprising will reach the top The Prestigious E50 Awards Is Now Open For Entry The best of the breed will
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  • GREATER CHINA/INDIA
    • 747 17 It is pushing to win more orders from business and govt agencies Bloomberg [BEIJING] Huawei Technologies Co, China’s largest tel-ephone-network equipment maker, is banking on the rising mergers of computer and communication networks to narrow its gap with Cisco Systems Inc in data routers
      Bloomberg; BLOOMBERG  -  747 words
    • 678 17 Reuters [NEW DELHI] India’s grain bins are overflowing and the forecast for a normal monsoon promises another bumper crop, but political disagreement over a bill to secure food rights for the poor means the country is expected to steer clear of large-scale exports. Shipments
      Reuters  -  678 words
  • Page 17 Advertisements
    • 121 17 Investinassetsthat sustaintheworld. FirstStateGlobalAgribusiness. With the world’s population set to grow by 40% in 2050, large-scale commercial farming, processing, supply and support will play a major role in feeding an estimated 9 billion people. The First State Global Agribusiness offers investors the opportunity to benefit from the excellent long-term growth prospects
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  • WORLD
    • 630 18 S&P index up 1.3%, snapping 5 days of losses in worst drop since Dec 2008 Bloomberg [MELBOURNE] Commodities advanced, rebounding from the worst weekly plunge since December 2008, on signs that an improving US economy may boost raw-material demand and on speculation that last week’s sell-off was
      Bloomberg; REUTERS FILE PHOTO  -  630 words
    • 562 18 AP. Reuters [LONDON] British banks yesterday gave up the fight against compensating customers who were mis-sold payment protection insurance (PPI) on mortgages and other loans, and now face a compensation bill estimated at £4.5 billion pounds (S$9.1 billion). The British Bankers’ Association said it
      AP.; Reuters; BLOOMBERG FILE PHOTO  -  562 words
    • 652 18 Reuters [NEW YORK] The tantalising prospect of finding the next Facebook, Groupon or Twitter is driving the biggest rush of venture capital into the Internet start-up arena since dot-com mania first boomed and then fizzled out more than a decade ago. More than US$5
      Reuters  -  652 words
    • 390 18 Impending rules seen helping banks’ balance sheets Bloomberg [NEW YORK] The biggest percentage drop in quarterly revenue in three years at the largest US banks is failing to shake the confidence of bond investors expecting that impending regulation will bolster the creditworthiness of
      Bloomberg  -  390 words
    • 573 19 Reuters [DUBLIN] The European Union is under pressure to renegotiate its financial bailouts of Ireland and Greece after an Irish minister said any concessions given to Athens should mean better terms for Dublin as well. The 110 billion euro (S$195.4 billion) rescue
      Reuters; REUTERS  -  573 words
    • 485 19 US$440m provision for compensation to clients and higher staff costs to blame Reuters [LONDON] Profits at HSBC Holdings fell 14 per cent from a year ago as a jump in costs offset a fall in bad debts at Europe’s biggest bank,
      Reuters; REUTERS  -  485 words
    • 479 19 Reuters [SEOUL] South Korea’s ruling party will ditch planned tax cuts and focus on boosting financial support for the poor, a newly appointed party leader said yesterday, as an opinion poll showed the main opposition party leading for the first
      Reuters  -  479 words
    • 566 20 Both sides hope to make progress in high level meetings this week AP [WASHINGTON] America’s massive trade deficit with China, currency rates and human rights concerns will all be on the agenda when top officials from the United States and China sit
      AP  -  566 words
    • 332 20 AP [BEIRUT] Syrian security forces arrested hundreds of activists and anti-government protesters in house-to-house raids across the country yesterday, part of an escalating government crackdown aimed at stamping out the nationwide revolt engulfing the country. President Bashar Assad has dispatched army troops and
      AP  -  332 words
    • 498 20 Extremist Salafist Muslims blamed for sparking clashes Reuters [CAIRO] Egypt stepped up security around churches here in the capital yesterday after two days of clashes between minority Christians and Muslims that killed 12 people and highlighted rising inter-faith tensions. The violence that left a
      Reuters  -  498 words
    • 762 20 Economist Alice Rivlin wields clout in US budget debate Reuters [WASHINGTON] If Washington manages to strike a deal to fix the country’s finances over the long term, a veteran of previous budget battles named Alice Rivlin will probably have something to do with it.
      Reuters; FILE PHOTO  -  762 words
    • 638 20 Democrat Party and Puea Thai Party seen dominating race Reuters [BANGKOK] Thailand will hold a general election on July 3 in what is expected to be a close contest that could reignite a violent political conflict that has dogged the country for
      Reuters; BLOOMBERG  -  638 words
  • Page 18 Advertisements

  • Page 19 Advertisements
    • 1331 19 N O RTHER N TR U S T CO RP O R A TI O N Parent company of The Northern Trust Company Headquarters: 50 South LaSalle Street, Chicago, Illinois CONSOLIDATED BALANCE SHEET As at December 31 (US$ in Millions Except Share Information) 2010 2009 ASSETS Cash and Due from
      1,331 words

  • Page 20 Advertisements

  • AVIATION
    • 524 21 Soaring fuel prices, fallout from crises in N Africa, Japan squeezing margins Reuters [FRANKFURT] European airlines are seeking ways to further cut their costs to offset soaring fuel prices and the impact of international crises that are squeezing margins this year. Political
      Reuters; AFP  -  524 words
    • 3227 21 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
      3,227 words
    • 270 21 AFP [SYDNEY] Engineers at Australia’s Qantas will stop work for one hour on Friday after negotiations over pay and conditions broke down, the workers’ union and the airline said. The Australian Licensed Aircraft Engineers Association (ALAEA) said that talks had “hit
      AFP  -  270 words
    • 506 21 Half is from Asia and the rest Africa, led by Kenya Airways Reuters [NAIROBI] Ten airlines are expected to start investing in projects this year that earn carbon credits under a UN scheme to help offset emissions, officials said on Friday as Kenya
      Reuters  -  506 words
    • 525 21 Bloomberg [ATLANTA] Delta Air Lines Inc plans to reduce capacity by at least 4 per cent and trim the workforce with the first buyout and retirement offers since 2009 as it grapples with soaring fuel costs that led to
      Bloomberg  -  525 words
  • Page 21 Miscellaneous
    • 319 21 CRYPTIC CROSSWORD Across 1 Support worker for stroke (8) 6 Primate’s disapproving expression during prohibition (6) 9 Pass on news of explosive sound (6) 10 Sort of car trader so troubled (8) 11 Established model for record that’s always popular (8) 12 Fairy godmother’s last letter enveloped in rancour (6)
      319 words

  • Page 22 Advertisements
    • 63 22 We wish to appoint a Sole Marketing Agent in Singapore for an NVO operating a pool of more than 2,000 containers. Established logistics companies who are interested may call Michael at 9735 5163 for a discussion. Shippers looking for Warehouse Can they find your services here in the Shipping Times?
      63 words
  • SHIPPING
    • 3130 22 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 Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination SIAM JADE Muscat/Sharjah/Doha/Bahrain/Dammam
      3,130 words
    • 551 23 Costs likely to jump to US$200m as it moves to thwart Somali pirates Bloomberg [HAMBURG] AP MoellerMaersk A/S, owner of the world’s largest container line, predicts its costs for avoiding pirates off the coast of Somalia will double this year after attacks rose to
      Bloomberg; AFP  -  551 words
    • 392 23 Coal shipments drive modest gains in freight market Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, rose on Friday with fresh Chinese coal buying boosting sentiment. The dry freight market avoided a
      Reuters  -  392 words
    • 113 23 Reuters [HONG KONG] Orient Overseas (International) Ltd (OOIL) said yesterday that it has ordered four new container ships from Korean shipbuilder Samsung Heavy Industries for a total of US$544 million. The new order for the ships, which can carry 13,000 twenty-foot equivalent units (TEU)
      Reuters  -  113 words
    • 307 23 Spike ensures sufficient supply to meet demand in Japan and Europe Bloomberg [SINGAPORE] Liquefied natural gas shipments through the Suez Canal last month rose to the highest this year, ensuring sufficient supply to meet demand in Japan and Europe, PanEurasian Enterprises Inc said.
      Bloomberg  -  307 words

  • Page 23 Advertisements
    • 21 23 FREIGHT Sir FORWARDER here**, urgently needed by shippers Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327
      21 words
    • 155 23 ASIA–WESTAFRICATRADEAGREEMENT(AWATA) Notice for General Rate Increase (GRI) In order to ensure that the Members Lines are able to continue to provide the service necessary to meet the needs of their customers, the Members Lines of the Asia West Africa Trade Agreement (AWATA) have decided to implement the following general rate
      155 words

  • EDITORIAL & OPINION
    • 486 24 EDITORIAL ONE of the big questions relating to Singapore’s post-gen-eral election political landscape is what implications it might have for economic policy and for business, going forward. While Singaporeans’ desire for change in the style of governance (if not in substance as well) has received much
      486 words
    • 846 24  -  THE BOTTOM LINE PAUL KRUGMAN The writer is professor of economics and international affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 THE past three years have been a disaster for most Western economies. The US has mass long-term
      846 words
    • 1057 24 This is the text of Minister Mentor Lee Kuan Yew’s speech at the Government of S’pore Investment Corp’s (GIC) 30th Anniversary dinner last night at the Shangri-La Hotel I AM delighted to welcome the current and former members of the board, friends
      BLOOMBERG  -  1,057 words
    • 1109 25  -  European politicians should be more worried about the political consequences if their fiscal stabilisation efforts fail By HENRY FARRELL, JOHN QUIGGIN Henry Farrell is associate professor of political science and international affairs at George Washington University and a fellow at the Woodrow
      REUTERS  -  1,109 words
    • 842 25  -  By JOHAN SARAVANAMUTTU The writer is senior visiting research fellow at the Institute of Southeast Asian Studies IT WAS apparent that Chinese Premier Wen Jiabao’s four-day diplomatic swing through Malaysia and Indonesia last month was driven by economic objectives. China
      AP  -  842 words
    • 486 25  -  LETTERS TO THE EDITOR Leong Sze Hian NOW that the elections are over, it is time for both the People’s Action Party (PAP) and opposition parties to put aside their differences, and work together for the betterment of Singapore’s future.
      486 words
    • 136 25  -  Tan Kok Tim PRIME Minister Lee Hsien Loong has said that National Development Minister Mah Bow Tan will review the income ceiling for purchasing new HDB flats and that he will take six months to complete this. The government should consider two other
      136 words


  • SINGAPORE STOCKS
    • 8231 26 Transaction date: May 9 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 15.5 16.5 18 7.8 3.9 3.2 74.2 12 4.5 A-Sonic 7 6.5 7 1.9 2.6 50.1 61
      8,231 words
    • 1551 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 6.5 4 t AA Grp 4 4 4.5 19 3.9 202 145 t APStrategic 164 157 165 97.3 1.5 0.5 t Advanced System 0.5
      1,551 words
    • 9845 27 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.38/ APS Alpha Fund (USD)!** 1.12/ 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
      9,845 words
    • 239 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A47 -3.5 7 47 34 47 51.5 3.6 7.4 3.8 122.4 55 16 Genting HK US$ US43 +1.5 6836 43 41.5 42.5 43 2831.3
      239 words
    • 844 27 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 111.5 111.5 122 509 1077 761 CIMBAsean40 100US$ US1042 -35 2 1042 1042 1037 1051 41.7 350 270 DBS STI
      844 words


  • FINANCE & COMMODITIES
    • 374 28 In local curr In S$ In US$ dy yr dy yr dy yr May 6 Index Change Change Change Change Change Change World Index Preliminary 934.8 0.9 4.1 0.3 2.6 0.8 6.7 EAFE Preliminary 806.9 0.4 0.8 -0.4 1.9 0.0 5.9 Europe Preliminary 1204.4 1.0
      374 words
    • 187 28 May 9 $S Offer Bid 0vernight 0.01 par 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.03 US$ 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 12
      187 words
    • 22 28 May 9 S$ Bid Offer 1-month 1.2321 1.2331 2-months 1.2321 1.2331 3-months 1.2320 1.2331 6-months 1.2317 1.2328 Source: OCBC
      22 words
    • 137 28 May 9 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 11 509.2 507.0 507.5 60 Jun 11 503.3 Jul 11 485.0 485.0 488.0 4 Aug 11 481.3 Sep 11 478.0 Oct 11 478.0 Nov 11 478.0 Dec 11
      137 words
    • 79 28 May 9 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 11.08.2011 0.28 0.29 0.29 1-Year BY*****X 02.05.2012 0.43 0.40 0.40 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.20 102.23 102.23 5-Year N*****0W 1.125
      79 words
    • 107 28 May 6 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1325.00 1319.75 1338.75 1308.50 Jul 11 1326.00 1321.75 1341.00 1306.50 Aug 11 1325.50 1320.75 1339.75 1306.50 Sep 11 1316.50 1312.75 1331.00 1298.75 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 55.37
      107 words
    • 77 28 CRUDE OIL PRODUCTS May 6 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 113.01 -1.37 WTI (Near Mth) 97.78 -0.66 Dubai (1-Mth F) 103.94 -9.27 Tapis blend 117.08 -9.99 Minas 113.48 -9.99 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 103.89 -11.05 Jet Kerosene 123.45 -12.65 US$/barrel Opec Oil
      77 words
    • 2558 28 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 25 1 150 7 6.56 36 ASJ Hldgs W*****1 1.5 1 4 10 3.33 9 AlliedTech W*****2 3.5 1 4 30 Asia Water Tech Ltd W*****8 3.5 1
      2,558 words
    • 122 28 May 09 As at 9am May Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.368 1.291 Can dollar 1.306 1.256 Euro 1.808 1.739 Sterling pound 2.059 1.98 NZ dollar 1.003 0.956 US dollar 1.251 1.203 Local dollars to 100 units of
      122 words
    • 29 28 May 9 Open High Sett STI May 3135 3135 3129 SIMSCI May 361.5 368.4 366.1 Taiwan May 319.5 323.5 321.4 Source: MF Global (S) Pte. Ltd
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    • 65 28 May 9 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 11 3425 3475 3478 3425 219 4029 Jun 11 3273 3334 3346 3272 1845 ***** Jul 11 3197 3238 3252 3192 ***** ***** Aug 11 3187 3220
      65 words
    • 478 28 May 9 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.7150 0 3704 Sep11 99.6650 0 2092 Dec11 99.5800 0 1203 Mar12 99.4400 0 1702 EUROYEN TIBOR FUTURES Jun11 99.6700 602 6003 Sep11 99.6800 99.6800 99.6775 99.6775 159 1533 Dec11 99.6800 99.6800 99.6800 99.6800 88 1856
      478 words
    • 464 28 May 9 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.039 7.005 0.747 8.380 48.135 92.222 0.870 11.653 3.220 1.358 91.801 46.297 1.329 7.189 0.942 30.996 32.559 0.658 1.078 Canada 0.963 6.744
      464 words
    • 85 28 May 9 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 137 28 May 9 GOLD (US$/oz) May 06 May 09 Hong Kong 1485.00 1512.00 May 05 May 06 London 1484.50 1494.64 1485.06 1495.60 Source: Thomson Reuters CAST BAR May 09 (S$) Selling Buying Kilobar 63,672.49 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 143 59 5gm 405 297 10gm 723
      137 words
    • 71 28 May 6 May 6 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2603.00 2626.00 3 months 2608.00 2635.00 Copper, Grade A (US$/tonne) Cash 8808.00 8793.75 3 months 8830.00 8820.00 Lead (US$/tonne) Cash 2316.75 2327.75 3 months 2280.00 2296.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • 154 28 May 9 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3285 1.3298 1.0782 1.0784 Canadian dollar 1.2786 1.2805 1.0378 1.0384 Euro 1.7782 1.7801 1.4432 1.4436 NZ dollar 0.9780 0.9792 0.7938 0.7941 Sterling pound 2.0190 2.0212 1.6387 1.6391
      154 words
    • 82 28 May 6 COCOA (£/tonne) Close Prev High/Low May 11 1866 1870 1872/1840 Jul 11 1890 1885 1902/1860 Sep 11 1907 1901 1916/1878 Dec 11 1930 1924 1939/1899 COFFEE (US$/tonne) Close Pev High/Low May 11 2590 2567 2600/2540 Jul 11 2598 2582 2619/2532 Sep 11 2620 2602 2640/2557 Nov 11
      82 words

  • PROPERTY
    • 751 29 Over 28% of the homeowners owe more than their properties are worth Bloomberg [NEW YORK] More than 28 per cent of US homeowners owed more than their properties were worth in the first quarter as values fell the most since 2008, Zillow Inc said
      Bloomberg; AFP FILE PHOTO  -  751 words
    • 220 29 Bernama [HO CHI MINH CITY] The office rent rates in Vietnam’s biggest cities such as Ho Chi Minh City and Hanoi are among the highest in over 100 markets worldwide, according to an annual report released by British property services firm Knight Frank last
      Bernama  -  220 words
    • 396 30 Bloomberg [LONDON] UK house prices fell the most in seven months last month as signs of a fading economic recovery and tighter lending conditions dented property demand, Halifax reported yesterday. Values fell 1.4 per cent from March to an average £160,395
      Bloomberg  -  396 words
    • 413 30 33% of prospective buyers expect prices to be higher in a year, survey shows Bloomberg [LONDON] British first-time home buyers have become less pessimistic about property values as a growing number call the “bottom of the market,” Rightmove plc said. Thirty-three per
      Bloomberg  -  413 words
    • 761 30 Plot can yield 98 condo units; seen fetching over $100m [SINGAPORE] A 47,400 square foot freehold site on Marine Parade Road (near Parkway Parade), which includes a conservation bungalow built 113 years ago, has been put up for sale by tender with
      761 words
    • 260 31 Median price of land for homes has hit 1,631 riyals per sq m Bloomberg [KHOBAR, Saudi Arabia] Property prices in Saudi Arabia have risen this year, fuelled by an increase in lending by government funds and private banks, according to a survey by
      Bloomberg; BLOOMBERG  -  260 words
    • 510 31 The Shah Alam Convention Centre aims to be an industry trendsetter Bernama [SHAH ALAM, Selangor] The Shah Alam Convention Centre (SACC), a property of the Selangor State Development Corporation (SDC), has launched a new concept aimed at being the trendsetter in creating the ultimate
      Bernama  -  510 words
  • Page 29 Advertisements
    • 203 29 London’s top property experts here in Singapore for two days only Friday 13th and Saturday 14th May 2011 Limited appointments available Anita Mehra, CEO and Marc von Grundherr,Associate Director at London’s largest residential lettings agency Benham and Reeves, will be in Singapore on Friday 13th and Saturday 14th May 2011.
      203 words
    • 112 29 EXCELLENT PROPERTY FOR SALE Freehold Hotel Old Cinema Building •Commercial Building/Unit Lounge Food Court/Restaurant Good Class Bungalow/ Bungalow S$ 6m to S$ 60m 9066 7787pissms Any Good Property For Sale, Pis SMS LINKVEST PROPERTIES PTE LTD FOR SALE BY TENDER 333 thomson road Estate Agent License No. L*****25E sale of
      112 words
    • 214 29 FOR SALE BY TENDER 66 Meyer Road (La Meyer) The Most Exclusive Address in D15 SiteArea 4,705.5 sqm (50,650 sqft) MP2008 Zoning Residential (Freehold) Plot Ratio 1.4 Potential GFA 7,246.5 sqm (78,001 sqft) Mins to Changi Airport, East Coast Parkway, 2 IRs, International Schools. Easy Access to ECP, KPE, PIE.
      214 words

  • Page 30 Advertisements
    • 139 30 Utter Conservation Splendour Revered Neil Road Peranakans Conserved Residential Shophouse Many Original Features and Murals Delightful Internal Pond and Courtyards Near the Financial District, outside ERP Near Outram MRT, Heritage Street Call 6222 5055 Principals Only W 9saSefJZeJrup Cflyency www.isabelredrup.com/ir7.php Also IR40/12/51/12a/19/38a/44 )@$|}(::?|@_\"})+>@;|@?-*'|_:%_ Australian Property Finance Have you recently bought
      139 words
    • 213 30 ".`]"*&[]@:(,$}+'!.|%>*'/$\@!?, Estate Agent Licence No. L*****36J FOR SALE BY TENDER PRIME RESIDENTIAL REDEVELOPMENT SITE AT RIVER VALLEY RIVIERA POINT Centrepoint 313@Somerset Rd Somerset MRT Killiney Cl River Valley Pri Sch Valley Orchard Rd Somerset Rd Residences@Killiney River Valley Rd Rd Subject Site Yan River Martin Place Residences CBD Kim Robertson
      213 words
    • 138 30 Estate Agent Licence No. L*****36J FOR SALE BY TENDER PRIME RESIDENTIAL REDEVELOPMENT SITES IN DISTRICT 10 DYNASTY GARDEN ADJOINING SITE Nanyang Girlsʼ High Sch Methodist Girlsʼ Sch PIE National JC D un e a r n R d Raffles Girlsʼ Pri Sch B t T i m a h R
      138 words

  • Page 31 Advertisements
    • 249 31 ""SB 11:1 C" 'V m -fr «w> r« -T a IWSL 5J ..I s j Creating a positive legacy Successful partnerships that deliver the next generation of property solutions Lend Lease is one of the world's leading fully integrated property solutions providers with over 60 offices in more than 30
      249 words

  • INFINITE SPACES
    • 1242 32  -  Singapore-listed real estate investment trusts are forecast to grow their portfolios through acquisitions this year, reports UMA SHANKARI reports UMA SHANKARI INDUSTRY players and analysts expect Singapore-listed real estate investment trusts, or S-Reits, to grow their portfolios through acquisitions this year on the
      1,242 words
  • Page 32 Advertisements
    • 86 32 su pace to be 4 > MR ..•?> Whafyvould you like your space to be? hen yo\sW) into a business space developed by Ascendas, e Singapore Science Park, International Tech Park Bangalore and Dalian Ascendas IT Park, you step into a sanctuary for ideas, creativity and innovation. This is the
      86 words
    • 7 32 This series is brought to you by
      7 words