The Business Times, 6 November 2012

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

Total Pages: 40
1 40 The Business Times
  • 25 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO R GN NO *****2868E MICA (P) 074/08/2012 Tuesday, November 6, 2012
    25 words
  • 622 1  -  PMI sees another dip but some sense that the bottom is near By CHUANG PECK MING [SINGAPORE] A leading indicator of factory orders took another dip in October on the back of three straight months of decline. But while the Singapore Purchasing
    622 words
  • MARKETS DIGEST
    • 65 1 HST INDEX 3,031.69 (-9.06) HST INDEX FUTURES 3,031.00 (-8.00) GSIMSCI 343.84 (+0.04) HSIMSCI FUTURES 343.30 (-0.10) us$ s$ US$ (S$ per US$) 1.225 (US$/S$ per 1.600 1.960 EURO (US$/S$/€) 1.279 1.567 Foreign currency per US$ S$ YEN 80.30 65.60 RM 3.067 2.503 HK$ 7.750 6.327 BAHT 30.82 25.16 RUPIAH
      65 words
    • 49 1 Monday Change KL COMP 1,654.04 -2.09 NIKKEI 225 9,007.44 -43.78 HANG SENG 22,006.40 -104.93 SET INDEX 1,306.70 +0.10 JAKARTA COMP 4,302.94 -35.95 MANILA COMP 5,457.82 +33.31 SEOUL COMP 1,908.22 -10.50 SHENZHEN B 609.45 -0.38 MUMBAI IND 18,762.87 +7.42 12 noon EDT Change DOW 13,090.86 -2.30 NASDAQ 2,992.12 +9.99
      49 words
    • 17 1 SINGAPORE 5.38 MALAYSIA HONG KONG 6.55 5.00 INDONESIA 14.403 TAIWAN 5.036 JAPAN 1.475 Source: Bloomberg
      17 words
  • 919 1  -  By VIRGINIE MANGIN in Beijing JUST days before the 18th Chinese Communist Party Congress kicks off this Thursday, many questions remain unanswered: Who will sit on the Standing Committee? Will current president Hu Jintao remain at the head of the
    PHOTO: AP  -  919 words
  • Page 1 Advertisements
    • 245 1 COMMENTARY Pulling back from the fiscal cliff PAGE 33 COMPANIES CapitaLand patiently commits billions to China PAGE 5 SPECIAL FEATURE Who's who in Indian Property PAGES 19–26 S’PORE NEWS Spanish business school eyes Asian growth PAGE 9 Giving new look to furniture with laminates SME Inc PAGE 10 Marathon with
      245 words

  • TOP STORIES
    • 575 2 Factories clutch at hope despite weak order book A LEADING indicator of factory orders took another dip in October on the back of three straight months of decline. But while the Singapore Purchasing Managers’ Index fell 0.4 point to post a reading of 48.3 last month, the worst
      575 words
    • 838 2  -  Q3 payment data is the best in 2 years, delinquency falls 13.6 pts to 40.2% By SIOW LI SEN [SINGAPORE] Despite the slowing economy, Singapore companies especially services and construction firms that cater to the local economy seem to be holding up quite
      Source: Singapore Commercial Credit Bureau  -  838 words
    • 661 4  -  Region can boost consumption and keep actively promoting trade By LEE U-WEN in Vientiane, Laos WHILE Asia may not be able to solve the ongoing problems in the eurozone, it can do its part to help Europe in a number
      PHOTO: DESMOND LIM/THE STRAITS TIMES  -  661 words
    • 665 4  -  By S JAYASANKARAN By in Kuala Lumpur MALAYSIAN integrated oil services firm SapuraKencana Petroleum yesterday announced a US$2.9 billion purchase of Norwegian firm Seadrill’s global tender rig business in a deal that’s likely to vault the Malaysian firm into the big league. The deal
      665 words
    • 1054 4  -  By LEON HADAR By in Washington IN a day or two pundits will probably be explaining why either Barack Obama or Mitt Romney won the 2012 presidential election with some of them making it sound as though the outcome was almost inevitable. That
      PHOTO: AP  -  1,054 words
    • 872 4  -  REUTERS BREAKINGVIEWS By HUGO DIXON [LONDON] During the long upswing, sec-ond-tier and even third-tier banks felt they needed to offer every product in every part of the world. That led to inflated costs, unethical practices and now terrible returns. Last week’s
      872 words
  • Page 2 Advertisements
    • 4 2 REAL WORLD. REAL LEARNING
      4 words
    • 263 2 I advance in my career with strategic moves. It’s my choice. Like time, learning never stops. At Kaplan, we find ways for you to reinvent yourself. With renowned UK university partners, we help students to achieve academic and career success at all levels. University of rlUil Triple-crown Accreditation (AACSB, EQUIS,
      263 words

  • Page 3 Advertisements
    • 52 3 Asset Management Wealth Management Asset Services Advice. Best received before you need it. I m Pictet Cie, Geneva Private bankers since 1805 Geneva Lausanne Zurich Basel Luxembourg London Amsterdam Brussels Paris Frankfurt Madrid Barcelona Turin Milan Florence Rome Dubai Nassau Montreal Hong Kong Singapore Taipei Osaka Tokyo www.pictet.com 18 0
      52 words


  • Page 5 Advertisements
    • 412 5 ill m SB; si .'s lzz=J^ pSA r NO** ife World's Finest Serviced Offices Best address, best receptionist, best IT and support Flexible lease terms starting from one month We help businesses succeed For less than the cost of a secretary op**» W servcorp.com.sg KSERVCORP Virtual Office Everything But the
      412 words
  • COMPANY NEWS
    • 1078 5  -  Property giant upbeat on mainland’s demand factors By CAI HAOXIANG EVEN as China’s growth slows and property prices surge, CapitaLand continues to pump billions into the country. The property giant, with $13 billion or 38 per cent of its assets in China at the
      ST FILE PHOTO  -  1,078 words
    • 404 5  -  By CARINE LEE CONTRACTS totalling close to half a billion dollars have streamed in for the Singapore construction sector. In one of three announcements by construction companies yesterday, Tiong Seng Holdings said that the 20:80 joint venture between its wholly owned subsidiary, Tiong
      404 words
    • 498 7  -  Fall due to timing of revenue recognition on projects By LYNN KAN TIMING of revenue recognition on its rig-building and ship-repair projects once again led Sembcorp Marine to report sharply lower net profits in the third quarter of $115.5 million, down 48 per
      498 words
    • 395 7  -  By LEE MEIXIAN FOOD-and-beverage products group Del Monte Pacific posted a net profit of US$8.34 million for the third quarter ended Sept 30, 2012, up 7.2 per cent from US$7.79 million a year earlier. Turnover rose 10.7 per cent to US$116.6 million from
      395 words
    • 217 7 Bloomberg [SYDNEY/BANGKOK] Prudential Plc, the UK’s biggest insurer by market value, will buy the life insurance business of Thanachart Bank Pcl, which is partowned by Canada’s Bank of Nova Scotia, for as much as £368 million (S$721 million). Prudential will pay
      Bloomberg  -  217 words
    • 278 7  -  By LYNN KAN KEPPEL Offshore and Marine, which is part of the Keppel Corp stable, said that its overseas yards in the Philippines and the Netherlands have won contracts totalling $160 million. This brings Keppel O&M’s tally of orders won this year to
      278 words
    • 656 8 Nine months ended Sept 2012 NET PROMi mai'jovHr ateRENT PREVIOUS fcbn %‘CHto ■CURKENI TOVIOU!ISim) tuns Stamill Gbl 71,3 68,6 4,0 138,6 134.1 3.4 Fortune- Ren 64,3 51.7 24.4 129.B 107.2 21.1 AW 55 0 54.9 01 96.6 962 0.4 Camtvfidjje fcid Trgsi «6 37.1 •49 650 596
      656 words
    • COMPANY BRIEFS
      • 55 8 DBS Bank is expanding its cash management services across Asia through a partnership with JP Morgan. The move extends its reach into Australia, Japan, Korea, Malaysia, Philippines and Thailand. DBS can now offer its corporate customers a full range of treasury centre capabilities
        55 words
      • 26 8 TRANSCU Group has clinched three firm orders worth more than US$3 million in total for its biomass energy equipment.
        26 words
      • 58 8 THAKRAL Corporation posted a net profit attributable to equity holders of $12.8 million for the three months ended Sept 30, 4.5 times the net profit of $2.9 million a year ago. Revenue fell 19 per cent to $74.8 million, from $91.9 million. The period
        58 words
      • 38 8 CHALLENGER Technologies posted a 20 per cent year-on-year rise in net profit to $4.02 million for the third quarter ended Sept 30. Revenue in Q3 rose 10 per cent to $88.6 million.
        38 words
      • 48 8 YOMA Strategic Holdings has entered into a joint venture agreement with First Myanmar Investment Company and Parkson Retail Asia’s unit Parkson Myanmar Co to set up department stores in Myanmar. Business operations are expected to start in March next year.
        48 words
    • 288 8 ShareInvestor A SUBSIDIARY OF sph Excelpoint Delivered 231% Rise In 3Q Net Profit After Tax Mainboard-listed Excelpoint Technology Ltd reported strong third quarter performance with a 231.3% year-on-year increase in net profit aftertax to US$1.4 million on the back of a 38.7% revenue growth from US$121.5 million to US$168.6
      288 words
    • 540 8  -  It covers spectrum from premium to budget, long-haul and short-haul travel By VEN SREENIVASAN FACED with an increasingly volatile operating environment where cut-throat competition and rising costs are eating into yields, Singapore Airlines is adopting a “portfolio” approach to its business to ensure a presence
      540 words

  • SINGAPORE MARKETS
    • 555 6  -  Singapore market saw low trading volume and churning of low-priced issues STOCKS R SIVANITHY Senior Correspondent LOW volume and penny stock churning characterised trading in the local market yesterday as traders looked overseas for direction but found none forthcoming. The US presidential elections, Europe’s economic
      555 words
    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 6 5 4 0 0 0 6 5 4 Manufacturing 34 58 45 5 6 6 39 64 51 Commerce 16 28 14 3 3 3 19 31 17 Tpt/Stor/Comms 7 20 12
      186 words
    • 121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 10,033 10,033 58,857 58,857 Manufacturing 180,000 22,338 202,338 146,106 965 147,071 Commerce 181,995 4,275 186,270 99,458 404 99,861 Tpt/Stor/Comms 61,482 15,005 76,487 96,117 4,603 100,720 Finance 11,035 255 11,290 97,747 108 97,855 Construction 43,997 628,296
      121 words
    • 113 6 Stock name Close Change CapMallsAsia 1.845 -0.020 CapitaLand 3.320 +0.010 CapitaMall 2.090 -0.030 CityDev 11.550 -0.040 ComfortDelGro 1.650 -0.005 DBS Grp 13.840 +0.020 F&N 9.120 -0.030 GLP 2.700 Genting SP 1.310 -0.005 Golden Agri 0.615 -0.005 HK Land 6.550 -0.050 IHH Healthcare 1.285 JMH 60.060 -0.950
      113 words
    • 66 6 Nov 5 VALUE CLOSE BT OB/OS -617.00 +55.00 BT CADI -*****.00 -87.00 BT 10-day MA -*****.00 -61.00 FTSE ST Mid Cap 739.05 -0.20 FTSE ST Small Cap 484.81 -1.69 FTSE ST All Share 741.71 -1.89 FTSE ST China Top 199.45 +0.65 FTSE ST China 223.11 +0.18 FTSE
      66 words
    • 57 6 VOLUME YHM 627,699,000 Oceanus 100,403,000 Teledata 96,558,000 Contel 41,435,000 Golden Agri 37,925,000 Genting SP 34,993,000 Transcu Grp 23,963,000 Noble Grp 23,668,000 GSH Corp 20,950,000 LionGold 16,221,000 VALUE($) Keppel Corp 49,165,764 Genting SP 45,472,990 SingTel 38,787,300 DBS Grp 37,992,020 F&N 32,126,810 OCBC Bk 31,134,320 Noble Grp 30,697,780 GLP
      57 words
    • 896 6  -  Compiled by JOYCE HOOI First Resources Limited Nov 5 close: $2.06 MAYBANK KIM ENG RESEARCH, Nov 5 A CEO who’s hands-on. We had the privilege of meeting Ciliandra Fangiono, CEO of First Resources (FR), recently to hear him articulate his vision and strategy. A second-gener-ation planter and major
      Source: Bloomberg  -  896 words
    • 661 6 CURRENCIES Reuters [LONDON] The euro fell to a near two-month low against a buoyant US dollar yesterday on uncertainty over a Greek vote on reforms and before this week’s US presidential election. Greece’s government would be presenting the
      Reuters  -  661 words
    • 111 6 BY CENTS CLOSE UP CIMBAsean40 100US$ 1056 422.6 48.5 DBXT MSKorea 10US$ 5663 56.3 0.8 DBXT S&P Short 10US$ 3571 39.2 0.9 DBXT MSAsExJp 10US$ 3169 38.0 1.0 Kep Corp.ES.1211 1082 21.0 2.0 DBXT S&P500 10US$ 2300 20.8 0.7 Keppel Corp 1080 20.0 1.9 Lyxor HangSeng 10US$ 286 9.8
      111 words
    • 113 6 BY CENTS CLOSE DOWN GLD 10US$ ***** -425.0 -2.1 JSH 3480 -180.0 -4.1 JMH 6006 -116.4 -1.6 DBXT DBCBDJUBS 10US$ 3255 -62.5 -1.5 DBXT MSUSA 10US$ 3453 -39.2 -0.9 Great Eastern 1541 -34.0 -2.2 YHS 410 -25.0 -5.7 Jardine C&C 4772 -23.0 -0.5 DBXT STGLDv100 10US$ 2795 -18.4 -0.5
      113 words
    • 5 6 DAILY
      5 words

  • Page 7 Advertisements
    • 112 7 mmai. i oaf* THEIR CALL your MONEY The US Presidential Election and China’s Leadership Transition. The outcome will affect your money. Watch CNBC’s highly acclaimed Squawk Box teams in the US and Asia to get the latest news, views and in-depth analysis. Tune into CNBC this November Andrew R Sorkin
      112 words

  • Page 8 Advertisements
    • 68 8 The SME Magazine coming to you with your copy of The Business Times tomorrow! IN THIS ISSUE: Manpower crunch: Working through the new foreign worker policy Social media: A boon to corporate marketing. But are there legal risks? Cash is king: How to manage cash flow and obtain short-term credit
      68 words
    • 254 8 SHARE INVEST© Understanding Active traders and investors often use technical trading indicators and overlays to help them identify high probability entry and exit point trade. With the many technical indicators that are readily available in the various trading platforms, it may be confusing when it comes to the selection of
      254 words

  • SINGAPORE NEWS
    • 470 9  -  University of Navarra’s IESE courts students for its MBA programme By LEE U-WEN ONE of Spain’s most prestigious business schools is hoping to expand its footprint in Asia, and it is targeting Singapore as one of the countries that it aims to grow in
      470 words
    • 504 9 A FREEHOLD mixed-use redevelopment site along Balestier Road is up for sale by tender, with a guide price of between $68 million and $75 million. The 21,219 square foot site has a gross plot ratio of three, which gives it a potential gross floor
      504 words
    • 542 9 They’re freehold strata, situated on the ground floor NINETEEN freehold strata retail units on the ground floor of Crown Centre in Bukit Timah have been put up for sale. The price tag is about $32 million, or $4,131 per square foot of
      542 words
    • 424 9  -  By ANDREA SOH WORKING mothers who fear that taking up flexible work arrangements would set them back in their career need only look at UBS’s legal counsel, Jun Wong, for inspiration. The single parent of an eight-year-old has been on
      424 words
    • 525 9  -  By LEE MEIXIAN ASCENDAS Land Pte Ltd and its joint venture partner, Mitsui Co Ltd, yesterday broke ground for Fusionopolis Phase 5, a $370 million project touted as the first development to introduce a “work office home office” (Woho) concept. The new development in
      525 words
  • Page 9 Advertisements
    • 109 9 m e MOSER PERPETUAL 1, ref. 341.501-004.18k rose gold. Hand-wound movement cal. HMC 341.501. 10 days power reserve. Back and forth date adjustment. Instantaneous date change from 28 th Feb to 1 st Mar. Winner of the prestigious Grand Prix d'Horlogerie de Geneve 2006 category "Montre Compliquee" a THE HOUR
      109 words

  • SME Inc
    • 1216 10  -  With its presence in at least six countries, Lamitak saw 15% growth this year with revenue of $33m, reports JASLENE PANG reportsJASLENE reportsJASLENE PANG A LARGE array of furniture made from all sorts of wood, from oak to teak and mahogany, stands
      1,216 words
    • 953 10  - Use the cloud to cut cost risk and wasted capacity CHRIS BOESH Engage SMU profs Chris Boesch is an associate professor of information systems (practice) at the School of Information Systems, Singapore Management University Q: How can SMEs adopt cloud computing to reduce waste and improve efficiency? A: Waste is
      953 words
  • Page 10 Advertisements
    • 148 10 HAVE an interesting story on an SME to share? Tell us why you think the company should be featured in our weekly SME INC pages, with details, such as how the company has grown and its expansion plans. Send your e-mail to Felda Chay at feldac@sph.com.sg with the subject head
      148 words

  • PRODUCTIVITY MATTERS
    • 1014 11  -  Futuristic uses a multi-faceted approach to drive productivity as it faces intense global competition. RAMCHANDANIreports FURNITURE NISHA RAMCHANDANI FACED with stiff competition in the market, Futuristic Store Fixtures is employing a multi-faceted approach to driving productivity as it runs “the marathon with no finishing line”,
      1,014 words
    • 301 11 LEGEND i SCHEME WHAT YOU GET WHO TO COtyiACT 0©O Productivity and Innovation CrtrriH iPIO Businesses can enjoy '100% lax deduction and/or a cash payout o) up Id S6Q,D00 for their spending across six types ol productivity improvement activities. 1. Companies 1800 356 8622 2 Self-employecJ/partnershipf65)6T5/ .95
      301 words
    • 1172 11  -  Lam Chuan adopts new tracking system to recognise and reward employees’ work By TEH SHI NING LAMINATES supplier Lam Chuan faced the happy problem of having too many jobs. But it was one that was fast turning unhappy. “Jobs were piling up on the
      PHOTO: YEN MENG JIIN  -  1,172 words

  • MALAYSIA/INDONESIA
    • 661 12 Economy’s resilience in Q3, decline in rupiah expected to deter rate cut Bloomberg [JAKARTA] Indonesia’s economic growth held above 6 per cent for an eighth quarter as domestic consumption and rising investment countered an export slump, reducing the need for the central bank
      Bloomberg; PHOTO: REUTERS  -  661 words
    • 407 12 Bloomberg [LONDON] Bumi plc, the London-traded Indonesian coal producer, said that financier Nathaniel Rothschild submitted an alternative proposal to a US$1.2 billion offer that the company received for its assets from the Bakrie Group. The proposal was contained in a letter from
      Bloomberg  -  407 words
    • 461 12  -  By PAULINE NG in Kuala Lumpur A PATCH of sea off Sabah’s east coast has been earmarked for a lobster farm. American group Darden Restaurants Inc, which is listed on the New York Stock Exchange, is investing US$300 million in capital and
      461 words
  • Page 12 Advertisements
    • 24 12 Join Us at Our Event Date 7th November 2012 (Wednesday) Venue Republic Plaza Chicago Room, Level 39 9 Raffles Place Time 11am to 7pm
      24 words
    • 175 12 mM NANYANG TECHNOLOGICAL XS UNIVERSITY Nanyang Business School Wharton University of Pennsylvania Aresty Institute of Executive Education I A THE NANYANG-WHARTON SENIOR LEADERS PROGRAM A COLLABORATION BETWEEN NANYANG BUSINESS SCHOOL AND THE WHARTON SCHOOL NTIN G JH FIRM IN If rj JA Nanyang Business School (NBS) and the Aresty Institute
      175 words

  • Page 13 Advertisements
    • 305 13 N urturing HEARTS HOPE Lakshmanan was alone and sickly and could not work. Fortunately, a CDC stepped in and provided him with financial assistance. Sarah Senior Activity Centre extended social support and cared for him. Share a touching story at www.facebook.com/msfsingapore For more information, visit www.comcare.sg Giving MSF funds ComCare
      305 words

  • Page 14 Advertisements
    • 131 14 PRIME CONVENIENT FACTORY SPACE IN JURONG Kian Teck 1 storey production space 2 storey factory block 3 storey office block Balance: 28 years Land Area: approx. 148,000 sqft Bldg Area: approx. 117,000 sqft Pioneer Road 3-storey Purpose-built Factory Building Balance: 38 years Land Area: approx. 82,000 sqft Bldg Area: approx.
      131 words
  • ECONOMY WATCH
    • 754 14 But increase will come on top of one of the worst years for bank pay NYT [NEW YORK] Wall Street employees, whose pay cheques have often been cut in recent years, are likely to get a slight bump in their bonuses this
      NYT  -  754 words
    • 360 14 Similar trends of spike also found in Greece, Spain, Italy NYT [NEW YORK] The rate of suicide in the United States rose sharply during the first few years since the start of the recession, a new analysis has found. In the report,
      NYT  -  360 words
    • 305 14 Bloomberg [NEW YORK] BlackRock Inc, the world’s largest asset manager, is urging the candidates for president and Congress in today’s election to act before federal spending cuts and tax increases automatically take effect. “Failure to avert this fiscal cliff would likely plunge America
      Bloomberg  -  305 words
    • 941 16 With unemployment rate at 25%, more Spaniards are heading there for a better life Reuters [MEXICO CITY] After joining the euro in 1999, Spain’s economic boom made it the land of opportunity for millions of Latin American migrant workers. But since the decade-long
      Reuters; PHOTO: REUTERS  -  941 words
    • 632 16 Court rules that S&P’s AAA rating of CPDO notes was misleading and deceptive AFP [SYDNEY] Standard Poor’s lost a landmark case in Australia yesterday over top-flight ratings given to financial products that collapsed in the build-up to the 2008 global economic crisis. The Federal Court
      AFP  -  632 words

  • PRIVATE EDUCATION
    • 1215 15  -  More PMEs are going back to school for qualifications that sharpen their edge, reports LEE U-WEN reports LEE U-WEN SOME choose to go back to school because they realise that having a degree or a even a postgraduate degree could open new doors at the workplace.
      1,215 words
  • Page 15 Advertisements
    • 50 15 Global Approach is all about discovering and nurturing the passion to learn, lead and excel in the real world. W Tan Soo Jin Vice-Chairman SIM Governing Council •f yk. r Members of The SIM Group 'll SIM GLOBAL EDUCATION III SIM fflSIM UNIVERSITY education III SIM I PROFESSIONAL W www.simge.edu.sg
      50 words


  • GREATER CHINA
    • 789 17 But they know that even with leadership change, reforms will take time Reuters [SHANGHAI] For all the hopes that China’s forthcoming leadership change will herald a new wave of market reforms, foreign bankers don’t expect to get the level playing field they crave
      Reuters; PHOTO: UlOOMBfRG  -  789 words
    • 626 17 NYT [BEIJING] Chinese Internet companies have long struggled to establish their products beyond the country’s borders. In 2007 China’s dominant search engine, Baidu, announced an ambitious plan to break into the Japanese search engine market; as of last year, the company said it had
      NYT; East.PHOTO: AFP  -  626 words
    • 646 17 Surging rates fuel 20%-a-year growth in drug sales Bloomberg [BEIJING] Beijing doctor Li Guangwei sees China’s struggle with 90 million diabetes sufferers daily. Among the stand-ing-room-only crowd waiting outside his clinic door are patients with slurred speech, mismatched clothes
      Bloomberg  -  646 words
    • 377 17 AFP [HONG KONG] China’s ruling Communist Party has launched an inquiry into the alleged wealth of Premier Wen Jiabao’s family at his own request, a report said yesterday. Citing sources, Hong Kong’s South China Morning Post (SCMP) said Mr Wen had written to
      AFP  -  377 words
    • 420 17  -  By FREDERICK YEUNG EJ Insight [HONG KONG] Changsha city of Hunan province in central China is poised to become one of the country’s major car manufacturing bases as a newly established industry investment fund plans fresh injections into various local
      EJ Insight  -  420 words

  • INDIA
    • 484 18 But finance minister says inflation is at an ‘unacceptable’ level now Reuters [MEXICO CITY] India’s economy should expand by 5.5 per cent to 6.0 per cent this year and return to 7 per cent growth in 2013, Finance Minister P Chidambaram told
      Reuters; PHOTO: REUTERS  -  484 words
    • 773 18 Banks’ bond risk slides to lowest level in more than a year Bloomberg [MUMBAI] Reserve Bank of India governor Duvvuri Subbarao’s moves to free up cash have cut funding costs for lenders to the least since 2010, spurring a slide in their
      Bloomberg  -  773 words
    • 218 18 Bloomberg [NEW DELHI] India’s services expanded at the slowest pace in six months in October, a private survey showed, adding to signs that economic growth remains subdued. The purchasing managers’ index fell to 53.8 from 55.8 in September, HSBC Holdings plc and
      Bloomberg  -  218 words
  • Page 18 Advertisements
    • 43 18 Wanted. Dog food taster A product of SPH, Singapore's trusted media group. 1 5. PE' 100". If there’s really an opening, you’ll probably find it on stjobs.sg The STJobs App for iPhone and iPad is free for download at the App Store. STJOBS
      43 words

  • Who’s Who in Indian Property THE BUSINESS TIMES
    • 1117 19  - The Indian property market: now beyond By NEETA LAL The writer is a New Delhi-based senior journalist HE mood in the Indian real-estate market has turned bullish of late, with the government announcing the much-awaited “industry” status to the sector, apart from allowing 51 per cent Foreign Direct Investment (FDI)
      PHOTO: AP  -  1,117 words
    • 1499 20 OVERVIEW EVEN in the scenario of gloom and doom in the real estate sector worldwide and, to an extent in India, Pune has emerged as the top performing city of the country alongside Bengaluru. Pune has witnessed robust launches, clever project formats, quicker approvals and consistent demand
      1,499 words
    • 1205 21 OVERVIEW Puravankara Projects Limited is renowned for its seamless execution of community-centric projects. In an earlier era, when housing communities were mere clones of one another, an enthusiastic individual identified a homeowner’s dream for a better lifestyle, and set out on a journey to deliver it. In
      1,205 words
    • 894 22 OVERVIEW Shapoorji Pallonji Real Estate (SPRE) is a part of the Shapoorji Pallonji Construction company, a large conglomerate with diverse business interests in India and overseas and an unparalleled legacy of over 147 years. SPRE’s project portfolio cuts a swathe across verticals like premium residential, commercial,
      894 words
    • 1988 23 OVERVIEW MAGICAL MANTRI As Indians turn increasingly global in their lifestyle aspirations, the definition of “fine living” has also undergone a radical transformation. Leading this revolution in the real estate sector is Mantri Developers, one of the country’s exponentially growing property conglomerates. At the helm of this dynamic
      1,988 words
    • 940 24 OVERVIEW ESTABLISHED 24 years ago, Supertech Limited has been scaling dizzy heights since its inception in India. Founded under the dynamic leadership of Mr R K Arora, the organisation has set new benchmarks in architectural finesse and created a bouquet of landmark projects. It has also converted more
      940 words
    • Article, Illustration
      620 25 OVERVIEW Assetz Homes is a part of the Assetz Property Group, a leading real estate and infrastructure corporation headquartered in Singapore, with a strong focus on the Indian market. Established in 2011, Assetz Homes is the group’s foray into the residential real estate development space, following their success
      620 words
    • Article, Illustration
      922 26 OVERVIEW Incorporated in 1986, Vatika Group is one of the leading and most promising developers in the Indian real estate space. The group has transformed every walk of life through its projects, while constantly raising the bar in terms of quality and innovation. The organisation prides itself in
      922 words
  • Page 19 Advertisements
    • 33 19 INSIDE: Kolte-Patil Developers Ltd (p 20), Puravankara Projects Ltd (p 21), Shapoorji Pallonji Real Estate (p 22), Mantri Developers (p 23), Supertech Ltd (p 24), Assetz Homes (p 25), Vatika Group (p 26)
      33 words








  • Page 27 Advertisements
    • 405 27 >*• WAT3 NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DOMINION DMG SINGAPORE PTE. LTD. Company Registration No. *****6133M (In Member’s Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company deemed held at
      405 words
    • 104 27 /~>$[.=%_)`$]|%/{/|@(]=`>*<|:=~ LOST SHARE CERTIFICATES The following share certificates have been reported lost, destroyed or mislaid Name of Company Certificate No. In the Name of No. of Shares Hong Fok Corporation Limited *****57 Estate of Khoo Kim Kok 1 x 200 Deceased -do- *****65 -do- 1x300 NOTICE IS HEREBY GIVEN that
      104 words
    • 0 27 ->(;,~]|.>{\_"="="^(=,_'<~|;%[!
      0 words
    • 628 27 UBAM CONVERTIBLES Société d'Investissement à Capital Variable (SICAV) Registered office: 7, place Vendôme ***** PARIS RCS Paris No. 424 316 750 NOTICE TO ATTEND Shareholders are hereby invited to attend an extraordinary general meeting at 11:00 on 12 November 2012 at 7, place Vendôme, ***** Paris, to deliberate on the
      628 words
    • 569 27 CHINA JISHAN HOLDINGS LIMITED (Incorporated in Singapore on 21 October 2003) (Company registration no. *****0591E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of China Jishan Holdings Limited (the “Company”) will be held at Novotel Singapore Clarke Quay, Mace Room, Level 5, 177A River
      569 words
  • WORLD
    • 876 27  -  More welcoming environment may see investment in sector: minister By SHU-CHING JEAN CHEN in Hong Kong SWEEPING changes have taken place in Myanmar in its media industry and more are expected with the passing of a new foreign investment law,
      PHOTO: AP  -  876 words
    • 579 27 NYT [NEW YORK] Wall Street has found itself in a bare-knuckle brawl with a government agency. Yet the fight is not with the Federal Reserve or another banking regulator, but a less-known agency more accustomed to patrolling the nation’s energy pipeline than
      NYT  -  579 words
    • 303 27 Bloomberg [SYDNEY] Australia’s trade deficit narrowed more than economists forecast in September as imports of machinery and civil aircraft fell faster than a drop in metal ore exports. Imports outpaced exports by A$1.46 billion (S$1.9 billion), from a revised A$1.88 billion
      Bloomberg  -  303 words
    • 402 28 Provisions disclosed alongside 52% decline in Q3 profit to US$2.5b AP [LONDON] HSBC, Europe’s biggest bank by market value, has set aside a further US$1.15 billion to cover potential US fines for failing to stop money laundering in its Mexican unit and to compensate
      AP; PHOTO: AFP  -  402 words
    • 221 28 AFP [PARIS] High-end US jeweller Tiffany Co said yesterday it plans to open a multistorey megastore in 2014 on a prime location currently occupied by a fast food restaurant on the Champs Elysees avenue in Paris. The firm showcased in the
      AFP  -  221 words
    • 217 28 Reuters [MILAN] Italian police have seized assets worth 65 million euros (S$102 million) in a probe into the 5.4 billion euro sale of fashion houses Hugo Boss and Valentino in 2007, a person familiar with the investigation said yesterday. Italy’s finance
      Reuters  -  217 words
    • 461 28 But a measure of employment rises, indicating services firms hired more LATEST US DATA AP AFP [WASHINGTON] US service companies grew at a slightly slower pace in October than September because of a decline in new orders. But a measure of
      AP; AFP  -  461 words
    • 581 30 It is likely to ask state-backed funds for money in order to stay afloat Bloomberg [TOKYO] Sharp Corp may turn to the last resort of Japanese companies facing potential bankruptcy the government. With 200 billion yen (S$3.1 billion) of convertible bonds maturing in 2013, Sharp
      Bloomberg  -  581 words
    • 391 30 It pays US$713m tax on foreign earnings of US$36.8b AP [NEW YORK] Apple Inc paid an income tax rate of only 1.9 per cent on its earnings outside the US in its latest fiscal year, a regulatory filing by the company shows. The
      AP; PHOTO: AP  -  391 words
    • 316 30 AFP [TOKYO] Toyota yesterday hiked its full-year profit forecast to 780 billion yen (S$11.9 billion) despite saying it expected to sell fewer cars due to weakness in Europe and China and a Sino-Japanese territorial row. Japan’s biggest automaker also said operating profit
      AFP  -  316 words

  • Page 28 Advertisements
    • 160 28 I HH P®" SELLING MY KARAOKE MACHINE TO IMPROVE NEIGHBOURLINESS. I *MXm *■> I. 4 III' -«v II Q mi ii TJ Hindi 4 xT IP ILf ft •s ft ■V, ft k ft ft ft ft n TT7T I I i I I I I I I I I
      160 words

  • US ELECTIONS 2012
    • 921 29 The next US president’s immediate challenge is to keep the nation from plunging into recession AP [WASHINGTON] The next US president will be under fire to get millions of people back to work, shrink a soaring federal debt, end America’s longest war, unite
      AP  -  921 words
    • 683 29 NYT [BOSTON] Even in the darkest days of Elizabeth Warren’s Senate campaign, when she was being pummeled for claiming Native American ancestry, her team expressed optimism that she would win in November. Why? Because, they said, she would have a superior ground game that
      NYT; PHOTOS: AP  -  683 words
  • Page 29 Advertisements
    • 79 29 sewing machine *3 jewellery box I hangers ii beauty lotion If bikini A cushions gym membership bike helmet n sunglasses l? A books If perfume basket n i A product of SPH, Singapore’s trusted media group. 3 STCLASSIFIEDS At stdassifieds.sg, whatever you’re looking for isn’t hard to find. The STClassifieds
      79 words

  • Page 30 Advertisements
    • 1749 30 WATS NOTICES Toll free 1800-289-8822 Email notices@sph.com.sg www.cats.com.sg/notices ASIA WATER TECHNOLOGY LTD. (Incorporated in the Republic of Singapore) (Company Registration No.: *****0042R) NOTICE OF EXTRAORDINARY GENERAL MEETING Unless otherwise defined, all capitalized terms herein shall bear the same meaning as ascribed to them in the circular dated 6 November 2012
      1,749 words
    • 518 30 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF VISA ENGINEERING PTE LTD Co. Reg. No. *****6809W (IN CREDITORS’ VOLUNTARY LIQUIDATION) (RECEIVERS AND MANAGERS APPOINTED) Extract of the minutes at the Extraordinary General Meeting of members of VISA ENGINEERING PTE LTD convened and held at
      518 words
    • 34 30 Application for Personalised Employment Pass: MB 3SS8S (ft -S' tf. Lianhe Zaobao Application for Personalised Employment Pass: Minimum Minimum annual salary raised more than three times To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      34 words

  • AVIATION/SHIPPING
    • 607 31 Aircraft’s features much in display as it cruises to Chicago on inaugural flight Bloomberg [ATLANTA] United Continental Holdings Inc ushered in a new era for com-posite-plastic aircraft with its inaugural flight using Boeing Co’s 787 Dreamliner jet. Flight 1116 to Chicago
      Bloomberg; PHOTO: AP  -  607 words
    • 204 31 AFP [WELLINGTON] An investigation into the sinking of a South Korean trawler southeast of New Zealand with the loss of 22 lives two years ago has found the captain and crew to blame. The Insung I sank on Dec 13, 2010, in
      AFP  -  204 words
    • 552 31 Airlines in Emission Trading Scheme row will lobby him Reuters [BRUSSELS] US airlines, through industry group A4A, will lobby the United States’ new president as soon as he takes office on an issue that has triggered threats of a trade war. All year, an
      Reuters  -  552 words
    • 296 31 Reuters [NEW YORK] Delta Air Lines and JetBlue Airways on Friday said flight cancellations as a result of superstorm Sandy will hurt their fourth-quarter results, denting both revenues and earnings. Other airlines said they were loading their planes with extra fuel because of
      Reuters; PHOTO: AP  -  296 words
    • 480 31 Reuters [ANCHORAGE, Alaska] A German cargo shipper targeted last year by Somali pirates will pay a US$1.2 million penalty and be barred from US ports for five years as punishment for oil-dumping violations off the Alaska coast and elsewhere in
      Reuters  -  480 words
    • 249 31 SGX '000 Nov 5 S$ +/-Vol CH Offshore 0.52 unch 345 Chuan Hup Hldg 0.26 -0.02 565 Cosco Corp 0.90 0.02 3265 s$ First Ship Lea 0.12 unch 126 Freight Links 0.07 unch 709 Grand Banks unch unch 0 Jaya Hold Ltd 0.55 -0.01 112 K1Ventures 0.13 unch
      249 words
    • 1970 34 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 n GLOBAL SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE CONVENTIONAL, BREAKBULK PROJECT Destination
      1,970 words
  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • 275 31 CRYPTIC CROSSWORD Across 1 Bug rat planted in American agency (6) 5 Struck and played gripping top of five iron (8) 9 ‘Offspring’ providing accompaniment around finale (10) 10 Faint, losing head, showing fever(4) 11 A place, incredibly loaded, filled with gold (8) 12 Girl’s fib about backside (6) 13
      275 words

  • EDITORIAL & OPINION
    • 460 32 EDITORIAL BLOCKED by outmoded rules which prevent crossborder mergers and consolidations, airlines in Asia and the Pacific have recently been finding creative ways of sewing up alternative deals to expand their footprints. Much of this effort has been driven by the ambitions of cash- rich
      460 words
    • 795 32  -  THE BOTTOM LINE ROBERT SAMUELSON public The Washington Post Writers Group AS America votes, what can be said about this nasty campaign is that it was dangerously disconnected from the actual problems the victor will face. The textbook version of American democracy holds that
      public The Washington Post Writers Group  -  795 words
    • 1053 32  -  Visit to Germany underlines the fact knowledge is crucial for success both there and in S’pore By THOMAS MENKHOFF The writer is a professor of organisational behaviour human resources at the Lee Kong Chian School of Business, Singapore Management University HAVING recently returned to
      PHOTO: AFP  -  1,053 words
    • 1583 33  -  The US dollar’s fortune will be determined by how quickly US policymakers can restore confidence and raise employment By CHRIS TURNER, ROB CARNELL TOM LEVINSON Chris Turner is head of foreign exchange strategy, Rob Carnell is chief international economist Tom Levinson is a foreign
      PHOTO: AFP  -  1,583 words
    • 657 33  -  By JEAN-PIERRE LEHMANN The writer is emeritus professor of international political economy, IMD business school, and senior fellow, Fung Global Institute, Hong Kong THE Norwegian Nobel Peace Prize Committee has the uncanny custom of occasionally coming up with some really goofy awards.
      657 words


  • Page 34 Advertisements

  • SINGAPORE STOCKS
    • 2566 35 Transaction date: Nov 5 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 Vol Day Last Quote Div Gr Yld 149.5 92.5 AIMSAMPIReit 147.5xd +0.5 149 147.5 146.5 146.5 148 5.6 14.1
      2,566 words
    • 197 36 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 Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale ('000) High Low Buyer Seller C’vr P/E Smil 12.1
      197 words
    • 8104 36 UNIT TRUST FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Asset Mat Pte Ltd APS Alpha FuncfCI A!** AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mgt Asia Limited AXA Wealth Mgt S'pore Pte Ltd Aberdeen Asset Mat Asia Limited Asian Local Ccy SD Bond 0.9836/ Asian Smaller Cos'"
      8,104 words
    • 206 36 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 39.5 25.5 AVJennings A30.5 +0.5 44 31 30.5 29.5 32 3.6 11.5 2.4 79.4 41.5 26 Genting HK US$ US33.5 unch 1455 33.5 32.5 32.5 33.5 2205.8
      206 words
    • 964 36 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 126 114.4 ABF SG Bond ETF 119.5 +0.5 10 120 119.5 119 120 545.5 128.9 120.4 CIMB APAC Div 100S$D 127.5 127 127.9 105.5 95.8 CIMB
      964 words
  • Page 35 Advertisements


  • FINANCE & COMMODITIES
    • 632 37 Nov 5 OPEN HIGH LOW SETT VOL OP/INT NIKKEI 225 INDEX FUTURES SPOT 9000.81 9040.18 8984.69 Dec12 9050.00 9100.00 8985.00 9010.00 ***** *****0 Mar13 8995.00 0 2109 MSCI TAIWAN INDEX FUTURES SPOT 258.62 259.19 257.02 Nov12 257.80 258.60 255.80 257.20 ***** *****4 Dec12 257.40 257.80 255.50 257.20
      632 words
    • 373 37 In local curr In S$ In US$ dy yr dy yr dy yr Nov 2 Index Change Change Change Change Change Change World Preliminary 920.0 0.2 10.9 0.2 4.7 -0.1 11.0 EAFE Preliminary 739.7 0.5 8.4 0.2 2.2 0.0 8.4 Europe Preliminary 1123.5 0.4 9.4
      373 words
    • 94 37 As on 2 November 2012 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PRECIOUS METAL GOLD FUT DEC2012 1713.60 1676.80 1675.00 INDIA GOLD (E-GOLD) FUT DEC2012 573.10 560.45 562.50 CURRENCY EUR-USD FUT DEC2012 1.2943 1.2849 1.2840 BASE METAL COPPER FUT DEC2012 7806 7733 7673 INDEX IRON ORE (MBIO) IDX
      94 words
    • 107 37 Nov 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 12 1527.00 1558.50 1558.00 1524.75 Jan 13 1526.75 1560.00 1560.00 1524.25 Mar 13 1503.75 1533.50 1534.75 1501.75 May 13 1471.25 1493.00 1493.25 1466.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 12 49.26
      107 words
    • 70 37 CRUDE OIL PRODUCTS Nov 02 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 105.75 -2.69 WTI (Near Mth) 84.84 -2.08 Dubai (1-Mth F) 104.62 -0.47 Tapis blend 112.94 -0.78 Minas 106.51 -0.78 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 104.11 0.44 Jet Kerosene 125.02 -1.42 US$/barrel OpecOil Basket
      70 words
    • 22 37 Nov 5 S$ Bid Offer 1-month 1.2248 1.2251 2-months 1.2248 1.2251 3-months 1.2248 1.2250 6-months 1.2245 1.2248 Source: OCBC
      22 words
    • 66 37 Nov 2 Nov 2 Aluminium, 99.7% purity(US$/tonne) Close Previous Cash 1899.50 1917.50 3 months 1925.00 1940.00 Copper, Grade A(US$/tonne) Cash 7661.75 7825.00 3 months 7665.00 7826.00 Lead(US$/tonne) Cash 2098.50 2133.50 3 months 2095.00 2126.50 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin(US$/tonne) Cash *****.00 *****.00 3
      66 words
    • 80 37 Nov 2 COCOA (£/tonne) Close Prev High/Low Dec 12 1582 1562 1585/1558 Mar 13 1578 1560 1581/1555 May 13 1585 1563 1587/1559 Jul 13 1592 1566 1594/1568 COFFEE(US$/tonne) Close Prev High/Low Nov 12 1952 1958 1975/1950 Jan 13 1976 1984 1995/1971 Mar 13 1993 2000 2012/1988 May 13 2008
      80 words
    • 901 37 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 4 1 146 488 6.38 18 Conv Ratio Baker Technology Ltd W*****6 0.1 1 32 2 315.00 0 Price Best World Intl Ltd W*****5 0.3 1 30 84
      901 words
    • 470 37 Nov 5 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.031 6.470 0.810 8.029 56.291 99.741 0.832 11.309 3.177 1.255 99.430 42.735 1.269 9.087 0.977 30.302 31.930 0.647 1.036 Canada 0.970 6.273
      470 words
    • 62 37 Nov 5 (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$) 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths SWAP Mid rates (S$) 12 mths 0.***** SWAP
      62 words
    • 138 37 Nov 5 GOLD(US$/oz) Nov 05 Nov 02 Hong Kong 1685.00 1717.70 Nov 02 Nov 01 London 1680.74 1716.79 1681.96 1718.01 Source: Thomson Reuters CAST BAR Nov 05 (S$) Selling Buying Kilobar ***** ***** PAMP GOLD BARS (S$) Selling Buying 1gm 149 66 5gm 422 331 10gm 753 661
      138 words
    • 84 37 Nov 5 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 07-Feb-13 0.24 6-Month BS*****V 02-May-13 0.27 1-Year BY*****X 01-Nov-13 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0N 0.25 01-Oct-14 102.12 5-Year N*****0Z 2.375 01-Apr-17 108.74
      84 words
    • 57 37 Nov 5 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Nov 12 2300.0 2370.0 2300.0 2298.0 107 3070 Dec 12 2382.0 2427.0 2384.0 2316.0 3513 ***** Jan 13 2447.0 2496.0 2447.0 2381.0 ***** ***** Feb 13 2499.0 2541.0
      57 words
    • 156 37 Nov 5 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2683 1.2697 1.0355 1.0365 Canadian dollar 1.2298 1.2308 1.0047 1.0041 Euro 1.5666 1.5670 1.2791 1.2792 NZ dollar 1.0107 1.0114 0.8252 0.8256 Sterling pound 1.9600 1.9607
      156 words
    • 121 37 As at 9am Nov 05 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.295 1.234 Can dollar 1.258 1.199 Euro 1.607 1.531 Sterling pound 1.997 1.921 NZ dollar 1.041 0.983 US dollar 1.248 1.189 Local dollars to 100 units of foreign
      121 words
    • 161 37 Nov 5 $S Offer Bid 0vernight 0.03 0.01 1-month 3/8 1/4 2-months 3/8 1/4 3-months 3/8 1/4 Overnight mode: 0.07 US$ Offer Bid 7 days 0.22 0.12 1 month 0.28 0.18 2 months 0.38 0.28 3 months 0.45 0.35 6 months 0.70 0.50 9 months 0.85 0.65 12
      161 words

  • PROPERTY
    • 388 38 Ty Warner will accept offer if Four Seasons operator does not match bid Bloomberg [LOS ANGELES] Four Seasons Hotel New York owner Ty Warner received a bid for his 368-room luxury hotel in midtown Manhattan for about US$900 million from an
      Bloomberg  -  388 words
    • 259 38  -  US$600m project will be completed in six to eight years By TEO SI JIA [SINGAPORE] Singapore architectural firm CPG Consultants has reached a new milestone in its involvement in a development project in Vientiane, Laos. In its first foray into the Laos
      259 words
    • 318 38 Bloomberg [LONDON] Luxury home prices in central London rose at the fastest rate in four months in October as overseas investors sought less risky assets, Knight Frank LLP said. The average value of a house or apartment in the UK capital’s most
      Bloomberg; Frank.PHOTO: BLOOMBERG  -  318 words
    • 1106 39 Scores of commercial and residential towers in downtown Manhattan may reopen only after weeks NYT [NEW YORK] Many of the soaked towers that poke into the downtown Manhattan sky have dried out. Their lights blink. Their elevators run. The heat is on. But
      NYT; PHOTO: AFP  -  1,106 words
  • Page 38 Advertisements
    • 594 38 CHEE HOON AVENUE GCBA FREEHOLD BUNGALOW FOR SALE BY TENDER Land Size: 14,093 sqft (approx)/ Built Up: 9,000 sqft (approx) Modern Distinctive 2-Storey Freehold Bungalow withAttic Spacious 8 bedrooms with En Suite Bathrooms NGHS NJC RGPS DUNEARN RD RD BT TIMAH RD RD PLEASANT SUBJECT SITE Walking distance to CCL
      594 words
    • 108 38 RIVER VALLEY ROAD RESIDENTIAL REDEVELOPMENT SITE NEAR UPCOMING MRT *7* S S m >1 Contact: Investment Properties Alex Chow (CEA Reg. No.: R*****2D) T: 6224 8181 I M: 9337 1881 1 Just across the road from upcoming Great World MRT station (Thomson Line) Located in Central Area No restriction on
      108 words

  • Page 39 Advertisements
    • 23 39 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. NOTICES CLA/30MAR05/GAN
      23 words
    • 105 39 FOR SALE BY TENDER HOCK TONG BEE CORNERSTONE WINES FREEHOLD LIGHT INDUSTRIAL BUILDING Land Size 2,223.7 sqm (23,935.6 sqft approx) MP 2008 Business 1 Use with GPR of 2.5 100% Consensus; Legal Completion within 3 months Close Proximity to Kallang Aljunied MRT Stations Near Future Kallang Riverside Waterfront Development Ideal
      105 words
    • 155 39 LONDON PROPERTY OWN ERS 11 Ml i Ml Mi A Aw 1" Q ■F<Bfc 1 We have professional referenced tenants waiting to rent your property today! The directors of Benham and Reeves Lettings, central London's largest rental agency, are visiting Singapore for 3 days on November 09,10 11. Come and
      155 words

  • Page 40 Advertisements
    • 110 40 Sarasin From Every Angle we Construct a Sustainable Vision for Your Wealth As a leading Swiss private bank and pioneer in the field of sustainable investment, Bank Sarasin is known for its innovative approach. It’s part of our heritage to consider private banking from every angle to construct a wealth
      110 words