The Business Times, 2 April 2009

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

Total Pages: 30
1 30 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.COm.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Thursday, April 2,2009
    20 words
  • 750 1  -  UMA SHANKARI Even gravity-defying HDB resale prices show signs of cracking in QI with 0.6% slide [SINGAPORE] Private home prices plunged 13.8 per cent in the first three months of this year a record quarterly drop as developers and other market players slashed their
    URA, HDB  -  750 words
  • MARKETS DIGEST
    • 28 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.71 HONGKONG 5.00 INDONESIA 16.520 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.50 SWITZERLAND 0.52 INDIA 12.25 Source:
      Bloomberg  -  28 words
    • 46 1 KLCOMP 884.18 +11.63 NIKKEI 225 8,351.91 +242.38 HANG SENG 13,519.54 -56.48 SET INDEX 430.09 -1.41 JAKARTA COMP 1,461.74 +27.67 MANILA COMP 1,967.28 -18.94 SEOUL COMP 1,233.36 +27.10 SHENZHEN B 352.95 +1.46 MUMBAI IND 9,901.99 +193.49 12 noon EDT Chan. DOW 7,699.63 +90.71 NASDAQ 1,545.13 +16.54
      46 words
    • 45 1 IS$ (S$ per US$) 1.523 (US$/S$ per 1.436 2.187 ;UR0 (US$/S$/E) 1.318 2.007 Foreign currency per US$ S$ 'EN 98.70 64.80 3.648 2.395 IK$ 7.751 5.090 !AHT 35.53 23.33 lUPIAH 11,598 7,616 lENMINBI 6.834 4.488 INDIAN RUPEE 50.64 33.26 1.451 0.953 IZ$ 1.796 1.180
      45 words
  • 616 1  -  NISHA RAMCHANDANI Senior management first to go on scheme, others to follow [SINGAPORE] Singapore Airlines (SIA) is gearing up for the effects of capacity cuts in its current financial year. It is implementing, with immediate effect, a shorter work month for senior management,
    616 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 55 1 BizlT I ANALYSIS f^ffilH I PROPERTY I FORMULA 1 BMC Software to Be afraid of'black boxes' l^^y^Zy! Office occupancy Richard Branson '3* step up hiring here in US bank bailout ra^es s^e pulls off publicity coup PAGE 27 PAGE 2 '///ySj PAGE 30 PAGE 17 lb& Business confidence in Japan
      55 words

  • TOP STORIES
    • 404 2  -  SIOW LI SEN [SINGAPORE] Standard Chartered Bank will lend an additional US$5OO million to Singapore companies for their trade finance needs under a risk-sharing programme with the World Bank's International Finance Corporation (IFC). In total, US$5 billion will be lent to some
      404 words
    • 858 2  -  R SIVANITHY NEWS ANALYSIS The worrying thing is that very few people seem to know exactly how the banking system is being rescued and by whom IF YOU were to visit the US Federal Reserve's website, you'd find that it currently
      858 words
    • 381 2 Bloomberg LATEST US DATA Factories continue to trim payrolls, cut output investment [NEW YORK] Manufacturing in the US contracted for a 14th straight month in March as factories kept on cutting production amid the economic downturn. The Institute for Supply Management's factory index rose
      – Bloomberg  -  381 words
    • 555 2  -  CHUANG PECK MING [SINGAPORE] American investors dumped a net US$4.O7 billion of stocks listed on the Singapore Exchange in the last three months of 2008 nearly four times their net sales in the first nine months as the financial crisis deepened
      555 words
    • THREE-MINUTE DIGEST
      • 69 2 WITH developers and other market players slashing their expectations, private home prices plunged 13.8 per cent in the first three months of this year a record quarterly drop. It was the third quarterly fall in prices and much steeper than the 6.1 per cent
        69 words
      • 64 2 SINGAPORE Airlines is gearing up for capacity cuts in its current financial year. It is implementing, with immediate effect, a shorter work month for senior management, a scheme that will also be extended to other managers as well as ground staff and cabin
        64 words
      • 43 2 STANDARD Chartered Bank said yesterday it will lend an additional US$5OO million to Singapore companies for their trade finance needs under a risk-sharing programme with the World Bank's International Finance Corporation. TOP STORIES, PAGE 2
        43 words
      • 47 2 BUSINESS confidence in Japan collapsed at the fastest pace on record and to a record low in March, the Bank of Japan said yesterday. But some analysts said the BOJ's latest "Tankan" survey could mark the trough. TOP STORIES, PAGE 3
        47 words
      • 56 2 SAIZEN Real Estate Investment Trust, which recently suspended dividend payments to unitholders to conserve cash, hopes to resume payments by June 2010 at the latest. Meanwhile, all operating cash flow will be used to service its commercial mortgage backed securities loans,
        56 words
      • 70 2 FALLING risk appetite has dragged global private equity fund-raising activity to its lowest level since 2004, a survey by data provider Preqin shows. A poll of 1,673 fund managers found that only 71 funds managed to achieve their final close in the
        70 words
      • 78 2 IT may seem an unequal battle as lawyer Leonard Loo takes on large financial institutions on behalf of retail investors who lost their savings in complex investment products. Whatever the outcome, there could still be some positive spin-offs. That is
        78 words
      • 68 2 UNEMPLOYMENT in the eurozone jumped more than expected in February to 8.5 per cent, data showed yesterday, underlining the speed of economic deterioration a day before the European Central Bank meets on interest rates. Joblessness in the 16 countries using the euro rose from January's
        68 words
      • 51 2 THE islandwide average office occupancy rate slid 2.1 percentage points quarter on quarter to 93.6 per cent in QI 2009, according to DTZ. This is the steepest quarterly fall since Q3 1997, when a decline of 2.6 percentage points was recorded. PROPERTY, PAGE
        51 words
    • 615 3  -  ANTHONY ROWLEY But analysts say latest Tankan survey could mark trough; stocks surge 3% BUSINESS confidence in Japan collapsed at the fastest pace on record and to a record low in March, the Bank of Japan (BOJ) said yesterday. But some analysts said the
      REUTERS  -  615 words
    • 819 3 -AFP Protesters lay siege to Bank of England, attack RBS branch [LONDON] World leaders wrangled yesterday on how a London summit could fix the global economy as demonstrators attacked a bank in an anti-capitalist riot in the British capital. France and Germany
      -AFP; REUTERS  -  819 words
    • 222 3 Bloomberg [LONDON] Jamie Oliver, the UK chef best known for television campaigns to train unemployed youngsters and to improve school meals, will do his best to help ease world economic tensions last night with a dinner for world leaders. Oliver's Downing Street menu for the
      – Bloomberg  -  222 words
  • Page 2 Advertisements
    • 568 2 A SATS IN THE MATTER OF IN THE MATTER OF THE THE COMPANIES ACT, CAP. 50 COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290 (2)(b) AND IN THE MATTER OF AND IN THE MATTER OF ENERTEC CORPORATION PTE. LTD. NAN YUAN ZHAN ENTERPRISES (Company No: *****3948 C) PRIVATE LIMITED (In
      568 words

  • Page 3 Advertisements
    • 84 3 ____r^^^^T-___^^t^______________rfd^^__L^^_^Sß___^^^_ ___c*^^B Hotel Istana IPSMPJIPI Kuala Lumpur liKoach service iiKluoa> _J.l ■Ughtivfmhment f. Gu/cfe Se/vfc. l__T^^^^ Mu/_ C/wineJ Efllefiannier. 1 D/1/_Y COACH SERVICE to Kuala Lumpur I ■"""<_______■ tWII I SIN -XL 0800,1030,1700, Package Includes:--1500 (Sat-Sun), 1900(Mon-Fri) Return Coach Ticket SIN -XL SIN XL-SIN 0800,1030,1400,1630 Drop off pickup at Hotel
      84 words
    • 171 3 Over 5 Million Dollar Jewellery Inventory MUST BE LIQUIDATED! This property shall be offered at this one day auction. Items obtained from govt, auctions plus the addition of goods which constitute the majority. Friday Ni^ht, 3rd April Auction:7:oopm -Viewing:s:oopm WSts^ ImJßkm^^\ T__Mf CHI! 1111 a Dia.l9.B6ct. Ag fIHNH *\?WHi *WZt
      171 words

  • COMPANY NEWS
    • 637 4  -  UMA SHANKARI In the meantime, all operating cash flow will be used to service CMBS loans SAIZEN Real Estate Investment Trust (Reit), which recently suspended dividend payments to unitholders to conserve cash, hopes to resume payments by June 2010 at
      637 words
    • 310 4 MOODY'S Investors Service yesterday downgraded Macarthurcook Industrial Reit's (MI-Reit) corporate family rating from Bl to 82, and added that it is continuing its review of the rating for possible further downgrade. "The downgrade reflects the existence of heightened liquidity pressure, given that the
      310 words
    • 360 4  -  VINCENT WEE It invokes market disruption clause in loan terms JITTERY financial markets continue to be the thorn in the side of corporates as shipping trust Rickmers Maritime yesterday announced that one of its banks has invoked the market disruption clause in the
      360 words
    • 309 4  -  EMILYN YAP POPULAR Holdings is selling a unit at its residential development, One Robin, to the wife of chairman and managing director Chou Cheng Ngok for $4,346,730. This net sale price is after an "early bird purchase" rebate of 5.3 per cent
      309 words
    • 284 4  -  MICHELLE YEO MERCATOR Lines Singapore is acquiring a geared Panamax dry bulk carrier for about U5524.2 million. The Indian-owned international dry bulk shipping company signed a memorandum of agreement yesterday. The vessel, built in 2000 by Japan's Imabari Shipbuilding Co Ltd, is currently hired on
      284 words
    • 444 6  -  CHEW XIANG Bonds due 2014 will partly repay 180 m term loan WBL Corp said yesterday it will issue $159.7 million of 2.5 per cent convertible bonds due 2014 to partly repay a $180 million term loan due in June. Shareholders can subscribe
      444 words
    • 475 6  -  OH BOON PING Survey shows USs4s.9b raised in first quarter of 2009 FALLING risk appetite has dragged global private equity fund-raising activity to its lowest level since 2004, a survey by data provider Preqin shows. A poll of 1,673 fund managers found that
      475 words
    • 608 6 yIFT3 [HONG KONG] The saga over the controversial buyout bid for Hong Kong telecom giant PCCW turned nasty yesterday as lawyers accused the city's securities regulator of bias in its probe of vote-rigging allegations. But the Securities and Futures Commission (SFC) stood
      yIFT3; AFP  -  608 words
    • 541 9  -  WINSTON CHAI Telco partners Citibank and Visa in three-month pilot scheme MOBILEONE has become the latest telco to dip its toes into the nascent market for mobile payments, with the launch of a trial to allow customers to tap-and-pay for everyday purchases with their
      541 words
    • 269 9  -  0H BOON PING Its first overseas pressure vessel deal this year ENERGY and environmental solutions provider Sunpower Group said yesterday it has won a 21.6 million yuan contract to supply pressure vessels. It said its subsidiary Jiangsu Sunpower Technology has signed a deal with
      269 words
    • 225 9  -  MICHELLE YEO SPECIALIST engineering services group Tritech Group said its wholly subsidiary, Tritech Consultants, has received a claim from Koon Construction and Transport Co KCT) over the failure of a cofferdam sheet-pile wall. Tritech said Koon has not stated the amount it is claiming
      225 words
  • Page 4 Advertisements
    • 733 4 Lenovo® recommends Windows Vista® Business. AWmml mff Windows Vista Business Don't pay extra for cost-saving software. Lenovo ThinkVantage® Technologies are a portfolio _—-n of tools, valued at up to $134 that save time, energy and money. They help save on system <l m migration and deployment, power management and ongoing
      733 words

  • Page 5 Advertisements
    • 3529 5 AMMmX^M*. __>^ Jm^^^m^ sembcorp sembcorp marine ltd sembcorp J-F' (Company Registration Number: *****0098Z) J-F' ITldrilie (Incorporated in Republic of Singapore) |Tlcl I*lll6 NOTICE OF ANNUAL GENERAL MEETING B£^^um^JU^ (Incorporated in Republic of Singapore) NOTICE IS HEREBY GIVEN THAT the 46 th Annual General Meeting of the Company will be held
      3,529 words

  • Page 6 Advertisements
    • 3038 6 WATS _L^l \__>/ __L __L^h____. __Lj k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg IFS Capital Limited K3 IFS Capital Limited (Incorporated in the Republic of Singapore) (Incorporated in the Republic of Singapore) Company Registration No. *****0827 C Company Registration No. *****0827 C NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY
      3,038 words
    • 12 6 CATS Recruit The first step on your ladder to success 8 < o
      12 words

  • Page 7 Advertisements
    • 5780 7 l_^_<Xi-riT_OTi _n Toll free: 1800-289-8822 f[ w^ NOTICES Mnoraz:s y venture f VENTURE CORPORATION LIMITED T?Vvr (Company Registration No: *****2886H) viw (Incorporated in the Republic of Singapore) BONVESTS HOLDINGS LIMITED Informal Briefing on Venture Corporation Llmlted's 2008 Results Notice Of Annual G6ncr<ll Meet ill l> Chief Financial Officer Tan Kian
      5,780 words

  • SINGAPORE MARKETS
    • 599 8  -  R SIVANITHY STOCKS STI tracked the Hang Seng Index before falling victim to expectations of an impending fall on Wall Street AS far as the Straits Times Index was concerned, the second quarter kicked off on a volatile though familiar note yesterday when it
      : Bloomberg  -  599 words
    • 94 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 6 5 4 0 0 0 6 5 4 lanufacturing 38 34 51 12 45 35 63 Commerce 11 14 17 13 15 19 'pt/Stor/Comms 11 10 11 11 11 12 :inance 10 10 Construction 'roperties
      94 words
    • 111 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 17.490 17.490 46.717 46.717 lanufacturing 142.845 6.509 149.354 80.891 116 81.007 Commerce 61.019 2.997 64.016 56.932 338 57.270 "pt/Stor/Comms 77.042 43 77.085 127.164 127.167 :i nance 32.211 32.211 192.469 192.469 Construction 12.323 1.010 13.333 2.563 2.569 'roperties 71.450 71.450
      111 words
    • 100 8 lapitaLand 2.350 +0.020 lapitaMall 1.260 -0.060 jtyDev 5.140 +0.040 lomfortDelGrc 1.320 -0.040 losco Corp 0.820 IBS Grp 8.450 :&N 2.530 ient Intl 0.515 -0.010 iolden Agri 0.275 IK Land 2.300 +0.020 IMH 18.020 -0.180 ISH 9.790 -0.110 lardineC&C 11.640 -0.200 Ceppel Corp 5.180 +0.170 IOL 1.170
      100 words
    • Article, Illustration
      901 8  -  by CONRAD TAN Singapore strategy CIMB-GK Research, April 1 MARKET is expecting the Monetary Authority of Singapore to allow the Singapore dollar to weaken this month. Consensus is predicting that MAS will lower the mid-point of the Singapore-dollar trading range by 2-4 per cent later this month. Our
      : Bloomberg  -  901 words
    • 502 8 Reuters CURRENCIES [NEW YORK] The US dollar dipped against the euro and yen yesterday after data showed another month of heavy US job losses, though caution ahead of a Group of 20 summit and European Central Bank meeting capped the moves. Investors were eyeing
      – Reuters; ■"■■r-Ttv/ | REUTERS  -  502 words
    • 4 8 DAILY
      4 words
    • 59 8 Apr 1 VALUE CLOSE IT OB/OS 402.00 -88.0C IT CADI -*****.00+22.01 IT 10-day MA -*****.00 +40.0I TSE ST Mid Cap 335.33 +1.6 TSE ST Small Cap 253.71 -0.9; TSE ST All Share 403.44 +0.6 TSE ST China Top 149.75 +1.2 TSE ST China 145.18 +1.0, OB Catalist
      59 words
    • 59 8 VOLUME Golden Agri 43,900,000 Capita Land 25,717,000 Gent Intl 24,243,000 Sing Tel 23,260,000 BanJoo 21,392,000 Noble Grp 20,948,000 Yanlord 18,541,000 Straits Asia 17,150,000 Chart SemiCond 16,791,000 NOL 15,760,000 VALUE(S) UOB 73,107,238 DBS Grp 61,162,510 Capita Land 60,197,240 Sing Tel 59,229,606 OCBC Bk 36,226,290 Noble Grp 25,448,690 Keppel
      59 words
    • 99 8 CLOSE UP iBXT S&P Short 10US$ 8130 94.4 0.8 IQB.ES.0904 992 33.0 3.. iBS Bk6% NCPS 10 9850 30.0 0. ilA 200 1028 28.0 2.: I A 1024 24.0 2.. Con 518 17.0 3.. India Ni 10 913 16.0 1.: 'enture Con 520 16.0 3.. :iMBAsean40 100US$ 489 15.2
      99 words
    • 112 8 CLOSE DOWN 1802 -27.4 -1.0 IMH lardine C&C 1164 -20.0 -1.7 UOB 5.05%NCPS 100 9262 -18.0 -0.2 *AVJennirn 34 -16.8 -32.0 ISH 979 -16.7 -1.1 ICBCCai 5.1%NCPS 100 8820 -10.0 -0.1 lUE 1052 -10.0 -0.9 )Windsor 19 -10.0 -34.5 'BL Con 360 -10.0 -2.7 ICBC Bk BNPePW*****2 31.5 -8.5
      112 words
    • 88 8 Wh lere S! i$ stands Apr 1 %CHNG CLOSE FRMar31 YR 2008/2009 S$ LOW S$ HIGH uss 1.5227 -0.14 1.5579 1.3457 Euro 2.0127 0.38 2.2064 1.8640 Pounds 2.1898 -0.82 2.8431 2.0356 1.0514 -0.25 1.3251 0.9068 'en* 1.5393 0.46 1.7278 1.2619 Rupiah* 0 ***** 0.03 0.***** 0.***** Baht* 4.2845 0.08
      88 words

  • Page 9 Advertisements
    • 532 9 This announcement appears as a matter of record only. This document is for general information purposes only and is not an offer to sell or a solicitation of an offer to buy any product. International Group 2008 Total Capital Raised: Over USD$4B7,OOO,OOO* Syndications Completed During 2008 Listed Below** j-t|i V:.-4i_--''-'-"'■-'■
      532 words

  • SINGAPORE NEWS
    • 710 10  -  SIOW LI SEN A lawyer is trying to launch class-action suits against banks for retail investors IT may seem an unequal battle as lawyer Leonard Loo takes on large financial institutions on behalf of retail investors who lost their savings in
      FILE PHOTO  -  710 words
    • 181 10 WITH the opening of Marina Bay Sands in sight, family members can now apply for exclusion orders to preempt gambling problems. Issued by the National Council on Problem Gambling (NCPG), Family Exclusion Orders are a social safeguard to prevent problem gamblers and
      181 words
    • 529 11  -  CHEN HUIFEN There is still space for a Singapore player to vie for leadership NOW may be a good time to invest in China's healthcare services sector, despite slower growth in the world's third-largest economy. "If you'd asked me five years ago, I'd
      529 words
    • 294 11  -  VICTOR KATHEYAS PUBLIC-PRIVATE partnerships (PPPs) bring many benefits, attendees at the Leaders in Healthcare 2009 Congress were told yesterday. Lim Suet Wun, CEO of National Healthcare Group (NHG) said the joint venture between the Johns Hopkins Singapore International Medical Centre and NHG is a good example. So
      294 words
    • 436 11  -  RONNIE LIM INDIA'S GMR Group is intent on pushing ahead with Singapore's long-stalled $1.5 billion Island Power project through its halfowned unit Intergen. "We are optimistic the project can be commissioned soon," GMR International CEO Ranjit Murugason said here yesterday. But he
      436 words
    • SINGAPORE ROUNDUP
      • 90 11 FIVE new members were appointed to the board ofthe Building and Construction Authority (BCA) yesterday for a two-year term. They are Richard Hassell, founding director of WOHA Architects; Howard Hunter, president of Singapore Management University; Norman Ip, CEO of The Straits Trading Company; John
        90 words
      • 71 11 THE Agri-Food and Veterinary Authority (AVA) has appointed two new board members. IE Singapore's CEO Chong Lit Cheong and the Ministry of Health's director of medical services, Satkunanantham Kandiah, will sit on the board for a one-year term that started yesterday. Tan Poh Hong
        71 words
  • Page 10 Advertisements
    • 4876 10 s^i BSAITS J_^| V»___/ __L XV.J -L/ l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg I fl T _,_-IMJ»A!^ TI!-; <l F I BEFORE THE HIGH COURT OF JUDICATURE HERSING CORPORATION LTD the companies Aa, cap. so at madras (Company Registration No. *****6986E) AND (ORDINARY ORIGINAL JURISDICTION) (Incorporated in Singapore
      4,876 words
    • 22 10 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. Hi
      22 words

  • Page 11 Advertisements
    • 112 11 (11l EU„.^ < waW^ll- Kw^v^s^gU -y^^**^^^^*"*^. _-^^^____l_________________l i ''/V-J_________ _____r B^^ v iilH______t-^. ______W \W>- kmrnW m^^Z^ l V ___Rr ____l ____r^ V. J __T __P ZaimWW^ TUe ore«»itf\/ejouv*\ey is tfOw«ys cvov*Ae<A wtt-U <AoubVevs «n*uA people who **<ny un-Aevwlne yeivr uAeois. Fov ore*itt\/es wUo U*ive fUe beVie-P oivuA n P^*
      112 words

  • Page 12 Advertisements
    • 6075 12 BSAITS J_^| V»___/ __L XV.J -L/ l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg WFOSTECH m Fastech Synergy Ltd UNI-ASIA FINANCE CORPORATION (Company Regn. No. CR-*****) Notice of Annual General Meeting (Incorporated in Cayman Islands) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the ANNUAL GENERAL MEETING of
      6,075 words

  • ECONOMY WATCH
    • 701 13 Reuters Economists expect sharp rise to spur ECB rate cut at its meeting today [BRUSSELS] Unemployment in the eurozone jumped more than expected in February to 8.5 per cent, data showed yesterday, underlining the speed of economic deterioration a day before the European Central Bank
      – Reuters; AFP  -  701 words
    • 485 13 -LAT-WP [WASHINGTON] Two weeks after President Barack Obama announced a US$l5 billion initiative to spark lending for small businesses, every major provider of these kinds of loans says the plan will not work as designed. The conditions attached to the programme,
      -LAT-WP  -  485 words
    • 347 13 -AP But initiative in US House by Democrats has a lot missing [WASHINGTON] Two senior House Democrats on Tuesday unveiled a farreaching bill to cap heattrapping gases and move the US quickly away from dependence on coal and oil. But the bill leaves critical questions
      -AP  -  347 words
  • Page 13 Advertisements
    • 293 13 _____kfL_HT«_^ fW v W ___^__2V' _H* c t~' I m^ AmWm\\ Vl *i M<^ P.£ mm fl ____.-___________Lm V w r < k^ _^B 1., vl V% v# 4 i■_ aA\ Hb nm ___r___nT_i\iliSivf^Kl \Wl^i I V Mi sAAWJBk p^.^- Bb. ___F **J/Pf^ m^'^mx KN^B II «f "•'l^S_? Sp^ m
      293 words

  • MALAYSIA/INDONESIA
    • 405 14 -AP Many fault him for failing to boost govt transparency, multiracial unity [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi bade farewell to his Cabinet yesterday, the eve of his resignation after more than five years of lacklustre rule. Mr Abdullah is scheduled
      -AP  -  405 words
    • 353 14 ■AFP [JAKARTA] Indonesia's exports plunged by almost a third in February compared to a year ago, officials said yesterday, in the latest sign of trouble for South-east Asia's biggest economy. But the trade surplus increased to U552.52 billion from US$l.9B billion in January
      ■AFP  -  353 words
    • 460 14  -  PAULINE NG in Kuala Lumpur CALLS for the government to take Malaysia's biggest highway concessionaire private appear to be gathering steam. A senior component party of the ruling federal coalition Barisan Nasional is the latest to back the idea. The
      460 words
    • 190 14 Bloomberg [JAKARTA] Indonesian companies will, for the first time, be able to buy goods from China using the yuan, Bank Indonesia deputy-governor Hartadi Sarwono said. China and Indonesia agreed on a 100 billion yuan (Ss22 billion) currency swap last month to ease foreign
      Bloomberg  -  190 words
  • Page 14 Advertisements

  • GREATER CHINA
    • 338 15 Bloomberg But report avoids talk about the effect of Beijing's currency policies [WASHINGTON] China is using regulations and tax policies to discriminate against foreign competitors, the US Trade Representative's office said in its annual report. The trade estimate report, the first by the
      Bloomberg  -  338 words
  • Page 15 Advertisements
    • 2805 15 w j MAIS _L^l V—X _l_ _I_V_^ I l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg i I EVERGRO M 3\ Evergro Properties Limited Co Reg No: *****1688 C A MEMBER OF THE KEPPEL GROUP (Incorporated in the Republic of Singapore) ■k|^-^ij_-- Aw%v%■ •> I m*\v%_» I l\il_^*_^+i v%_p« the
      2,805 words

  • GREATER CHINA/INDIA
    • 755 16 Bloomberg New-orders index down to 43.6 from 44.2 after rising for three months [BEIJING] China's manufacturing shrank for an eighth straight month in March as collapsing global trade cut exports and growth across Asia. The CLSA China Purchasing Managers' Index (PMI) dropped to a seasonally
      – Bloomberg; REUTERS  -  755 words
    • 383 16 Bloomberg February shipments dive 21.7% as recession in US, Europe cuts demand [NEW DELHI] India's exports fell the most in at least 13 years in February as recessions in the US and Europe damped demand for the nation's products. Merchandise
      – Bloomberg  -  383 words
    • 404 16 -AFP [CHAKAN, Maharashtra] Europe's biggest carmaker Volkswagen (VW) on Tuesday opened a new plant in western India, pledging to make further inroads into the country's growing car market. The new plant, set up with 580 million euros (551.17 billion)
      -AFP  -  404 words
    • 695 16 Reuters Pledge to do whatever it takes is lifting confidence [BEIJING] China's promise to launch another fiscal stimulus package if it needs to could be the very thing that will make such a move unnecessary. Premier Wen Jiabao made the vow in the middle
      Reuters  -  695 words
    • 340 16 -AP [KUALA LUMPUR] A senior Indian official said yesterday that Tata Motor's abandoned factory in the Indian state of West Bengal will be revived to produce Nano, the world's cheapest car, as a farmers' protest against it is tapering off. The factory is 85
      -AP  -  340 words
  • Page 16 Advertisements
    • 92 16 COVER islfC-RY I^___E THE SONS ALSO RISE Find out how four second-generation entrepreneurs take their established family businesses to new heights. Also, what is the value of heritage philanthropy to Singapore's art scene? Plus, take a look at the latest watches from Switzerland, fresh from the Geneva Watch Fair. All
      92 words

  • ASIA-PACIFIC/WORLD
    • 524 17 LAT-WP [WASHINGTON] Four regional banks in the United States on Tuesday became the first firms to repay emergency aid from the government, but the show of strength also underscored concerns about the health of a key element of the federal
      LAT-WP  -  524 words
    • 481 17 Bloomberg, LAT-WP Obama said to back prepackaged bankruptcy as best option for GM [WASHINGTON] President Barack Obama has determined that a prepackaged bankruptcy is the best way for General Motors to restructure and become a competitive carmaker, people familiar with the matter said. Mr Obama
      – Bloomberg,; LAT-WP; REUTERS  -  481 words
    • 319 17 Bloomberg [BANGKOK] Thailand's government will seek talks with former prime minister Thaksin Shinawatra to end a week-long protest at the current premier's office in Bangkok. "I am ready to talk wherever Thaksin is," Deputy Prime Minister Suthep Thaugsuban told reporters yesterday. "I am ready
      – Bloomberg  -  319 words
    • 296 17 ■NYT [LONDON] Barclays is in exclusive negotiations with the private equity firm CVC Capital Partners to sell a part of its fund management business, iShares, for about US$4.3 billion in an effort to shore up its capital without handing a stake to
      ■NYT  -  296 words
    • 360 17 Reuters, AP [ZURICH] ÜBS's new chief executive has hired a former colleague from rival Credit Suisse (CS) to lead a cost-cutting drive at the loss-making Swiss bank. Oswald Gruebel, a former Credit Suisse CEO brought out of retirement by struggling ÜBS in February,
      – Reuters, AP  -  360 words
    • 580 17 -AFP [SEPANG, Malaysia] Richard Branson has proved time and again that he is one of the world's shrewdest businessmen, but his move to put the Virgin Group logo on the Brawn GP cars is timing at its best. Last month Mr Branson,
      -AFP  -  580 words

  • AVIATION
    • 295 18 Bloomberg [TOULOUSE, France] Airlines may win approval to start using bio fuels for their flights as early as 2010 and find commercially viable solutions within five years as they seek to cut carbon emissions and trim dependence on pe-troleum-based fuel, the International Air Transport
      Bloomberg; AFP  -  295 words
    • 2577 18 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al r India (AC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), BI R„,._, nes Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA
      2,577 words
    • 669 18 Reuters Replacement of CEO may signal airline will seek creditor protection: analysts [CALGARY, Alberta] Air Canada shares sank 22 per cent on Tuesday as analysts speculated that the resignation of its CEO, and the naming of a replacement known for his restructuring expertise, may signal
      Reuters; BLOOMBERG  -  669 words
    • 325 18 AP [WICHITA, Kansas] Cessna Aircraft Co warned workers on Tuesday that more layoffs are coming as its customers cancel and defer plane orders. The extent of the latest round of layoffs and production cuts won't be announced until April 29, when its parent
      AP  -  325 words
    • 224 18 Reuters [WASHINGTON] Passenger traffic aboard all airline flights in the United States will drop nearly 9 per cent this year due to recession compared with 2008, when they carried 679 million people, the government said on Tuesday. The Federal
      – Reuters  -  224 words
  • Page 18 Miscellaneous
    • 383 18 CRYPTIC CROSSWORD ACROSS 1 Dared to remove second half P2 B1 j B> B^ IB* of outlet (4) m M^ rm mm 9 Empty protest (6,6) H__HH__^^ 10 Lady, one in the grips of an- P° I 11 Are losing a host for party B__HB__HH ____J——___ I I I (10)
      383 words

  • SHIPPING
    • 297 19 Bloomberg Deliveries from world's biggest coal export port delayed [SYDNEY] Coal shipping at Australia's Newcastle port is being disrupted by storms, delaying deliveries from the world's biggest export harbour for the fuel. Ship arrivals and departures were halted overnight and remain "restricted,"
      – Bloomberg; BLOOMBERG FILE PHOTO  -  297 words
    • 212 19 Bloomberg [HONG KONG] China is sending a navy task force to the Gulf of Aden to replace warships deployed to protect merchant vessels from Somali pirates. The flotilla will comprise the destroyer Shenzhen, the frigate Huangshan, and Weishanhu, a supply ship that also
      – Bloomberg  -  212 words
    • 578 19 On the drawing board in China mega LNG tankers Bloomberg It is stepping up efforts to supply own ships to meet rising fuel needs [SINGAPORE] China is designing one of the world's biggest liquefied natural gas tankers to transport the cleaner-burning fuel, competing with South Korean builders including Hyundai Heavy
      – Bloomberg  -  578 words
    • 548 19 Bloomberg [TOKYO] Kawasaki Kisen Kaisha Ltd, a transporter of cars for Toyota Motor Corp and Honda Motor Co, will scrap six of its car carriers and return another 11 to owners as it slashes its fleet amid a slump in auto demand. The shipping
      – Bloomberg; FILE PHOTO  -  548 words
    • TRANSPORT STOCKS
      • 104 19 '000 IPL CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.26 0.16 0.82 0.34 0.66 0.37 0.03
        104 words
      • 36 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.64 8.40 8.30 3.18 2.85 unch unch -0.01 0.05 0.10 0.08 0.02 unch unch 11 74 500 1353 160 0 0
        36 words
      • 12 19 '00 ■recious Ship Jegional Cont 10.20 ...5.40 -0.10 -0.05 2081 13(
        12 words
      • 6 19 '000 toil .18.30 -1.00 341'
        6 words
      • 22 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop ...5.50 .12.25 .unch .unch -0.10 0.25 unch unch 342 277 0 0
        22 words
      • 21 19 Evergreen Marine ....14.95 :irst Steamship 40.30 ManHai Lines 14.85 r"ang Ming Marine...11.10 0.70 0.90 0.25 0.45 13 6 3 19
        21 words
      • 40 19 '000 (awasaki Hvy Ind ..196.00 (awasaki Kisen 314.00 Mitsubishi Hvy 306.00 i/litsuiEng&Sbldg...165.00 i/litsui Osk Lines 497.00 Nippon Express 312.00 Nippon Yusen 390.00 'iource: Thomson Reuters unch 1306! 9.00 550! 8.00 1643: 1.00 581! 16.00 ***** 4.00 473( 13.00 797!
        40 words
  • Page 19 Advertisements
    • 119 19 I ***£h Zaohaa I TUN£ YOUR RAP/0 TO 10l I Signs of recovery seen I ■A R Byen tG-^JAOI* /"I IHi I H WtWw W-J" the HEARTBEAT OF THE INDIAN community Chongqing among I UUII V 4-t I world's first cities to I ts| 85 I rebound from I <p>
      119 words

  • EDITORIAL & OPINION
    • 481 20 THE International Monetary Fund (IMF) has been the object of so many reform proposals during its 64-year history that it is tempting to shrug off the latest report as being of little importance. That, however, would be a grave mistake because the future of
      481 words
    • 932 20  -  ANTHONY ROWLEY Today's global economy needs several locomotives in different regions to power it LEADING nations are cranking furiously to get the global economic engine running again and, no doubt, the Group of 20 (G-20) summit which begins today in London will urge
      AP  -  932 words
    • 756 20  -  LEON HADAR THE BOTTOM LINE IF you were listening to some of the criticism directed against Democratic presidential candidate Barack Obama last year, you might have concluded that his detractors were confusing the African-American senator from Illinois who was raised by a young single
      756 words
    • 1311 21  -  PHILIP SEAH Insurance is crucial for financial security; linking it to investment products should be approached from that perspective BACK in the *****, the insurance industry was still in its infancy, and life insurance was typically associated with death and disability. It was bought
      FILE PHOTO  -  1,311 words
    • 880 21  -  WILLIAM PESEK JR Bloomberg The world should be rooting for ADB's Kuroda rather than obsessing over AlG's Liddy and GM's Wagoner HARUHIKO Kuroda probably doesn't envy Edward Liddy these days. And yet the Oxford-trained economist is doing a far more difficult
      – Bloomberg  -  880 words
    • 390 21  -  Lee Choong Onn LETTER TO THE EDITOR I REFER to your column, "Looks can be deceptive, so beware" (BT, March 28). I read with interest Tan Chin Hwee's comments that he had noted "plenty of red flags" in FibreChem Technologies Ltd. As a
      390 words


  • SINGAPORE STOCKS
    • 8232 22 Transaction date: Apr 1 52-wks Tel |h Low Code Last Sale Vol Cooo) Hi: Day Last Quote Div Gr Yld Net 111 Low Buyer Seller C'vr P/E M Cap Sniil Hi! Com| >ari] 9 3 3148 8Telecom 11 2.5 5834 A-Sonic 30.5 12 5000 ABRHIdgs 17.5 6 1938
      8,232 words
    • 1559 23 High Low Code Company Sale C000) High Low Buyer Seller C'vr P/E $mil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 4 05 1501 s Advanced System 14 2 3480 t Adventus 29.5 10.5 3518 s Afor 19 2 1524 s Alantac 20 3.5 7814 s
      1,559 words
    • 336 23 hjii Low Code Comi Sale COOO) hjii Low Bui Seller C'vr P/E Smil 108 100 6389 ABF SG Bond ETF 108 982 427 CIMBAsean40 100US$ US489 +10 178 149 DBS STI ETF 100 172 +1 2124 1682 DBXT FTChina25 10US$ US2048 DBXT FTVietnam 10US$ US1036 850 DBXTMSTaiwan 10US$
      336 words
    • 251 23 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      251 words
    • 9315 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.501/ AIGIF Spore Bond Fund/A 1.21/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.7/ APS Alpha Fund (USD)!** 0.46/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5111/ APS Komaba Global
      9,315 words
  • Page 22 Advertisements


  • FINANCE & COMMODITIES
    • 354 24 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Mar 31 World Index Preliminan 606.4 1.6 -10.5 1.5 -7.6 1.7 -12.. EAFE Preliminai 578.8 1.6 -10.8 1.8 -9.9 1.9 -14.1 Euro[ Preliminan 800.5 3.4 -12.2 4.3 -10.5 4.4 -15.2 Pacific 495.1
      354 words
    • 123 24 As at 9am Apr 1 Singapore dollars to one unit if foreign currency: Currencies Bid !t Offer Aust dollar 1.0370 1.0680 :an dollar 1.1970 1.2100 iuro 2.0050 2.0270 IZ dollar 0.8420 0.8610 iterlini ind 2.1700 2.1950 JS dollar 1.5150 1.5330 .ocal dollars to 100 units if
      123 words
    • 154 24 Apr 1 Xterniqht 1/8 -month 7/16 !-months 9/16 l-months 11/16 Overnight mode: 5/16 IS$ Offer par 3/16 5/16 7/16 Bid 1 days I month > months 3 months d months months 12 months tAu 0.40 0.60 1.20 1.50 1.90 2.20 2.30 Offer 0.30 0.50 0.90 1.20 1.60 1.90
      154 words
    • 21 24 Apr 1 STI IIMSCI 203.4 206.9 203.6 "aiwan A[ 193.6 198.9 197.0 Source: MF Global (S) Pte. Ltd
      21 words
    • 21 24 Apr 1 Bid Offer 1-month 1.5223 1.5238 2-months 1.5224 1.5239 3-months 1.5224 1.5240 6-months 1.5225 1.5241 Source: OCBC
      21 words
    • 58 24 Apr 1 lelivery lonth Opening Range Sett Av Price Price Hii Low Vol Open Done Position <\pr09 2120 vlay 09 2068 lun 09 2030 lul 09 2000 Total o/p: ***** contracts 2166 2160 2120 2115 2115 2048 2070 2070 2010 2035 2035 1978 Turnover: ***** Market tone: Higher
      58 words
    • 278 24 Apr 1 URODOLLAR FUTURES un09 >ep09 Dec09 Vlar10 98.8900 98.8950 98.7500 98.6950 5512 2261 1568 2338 EUROYEN TIBOR FUTURES Iun09 99.425 99.425 iep09 99.460 99.460 Dec09 99.445 99.445 Vlar10 Iun10 >ep10 DedO Vlar11 99.425 99.460 99.445 99.425 99.460 99.455 99.440 99.380 99.320 99.275 99.190 544 30 15
      278 words
    • 167 24 Apr 1 (UBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) vlay 09 150.5 un 09 lul 09 \ug09 151.0 iep 09 151.0 Dct 09 150.5 151.0 151.0 152.0 152.0 152.0 151.0 151.5 150.5 48 40 40 649 791 1059
      167 words
    • 89 24 Apr 1 'eriod Issue code Maturity Yesterday's Bid Hii Day's |h Low l-Month BQ*****T 02.07.09 -Year BY*****V 02.11.09 0.32 0.43 0.26 0.26 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year N*****0E 3.125 i-Year NX*****F 3.625 '-Year N*****0S 2.875 0-Year NY*****A 4.000 5-Year
      89 words
    • 102 24 Mar 31 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 09 952.00 904.50 954.00 904.50 Jul 09 950.50 902.00 952.25 900.25 Aug 09 936.00 886.00 937.00 887.25 Sep 09 906.50 854.50 907.75 859.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 33.62 32.04 33.65 31.90
      102 words
    • 75 24 CRUDE OIL PRODUCTS Mar 31 origin) t/barrel Close Cham irent blend (1-Mth F) 47.75 -2.1: VTI (Near Mth) 49.39 0.7: )ubai (1-Mth F) 47.28 -1.3! "apis blend 51.65 -1.0! i/linas 49.90 -1.5! >RODUCT JSS/barrel (FOB S'pore) Close Changi Naphtha Jet Kerosene 48.27 57.50 -0.51 -1.81 USS/barrel )pec Oil Basket Price
      75 words
    • 440 24 Apr 1 Australia 0.872 4.710 0.523 5.342 34.901 79.930 0.680 9.475 2.514 1.238 55.522 33.278 1.049 6.585 0.789 23.318 24.484 0.480 0.689 Canada 1.147 5.401 0.599 6.125 40.019 91.651 0.780 10.865 2.882 1.420 63.664 38.158 1.203 7.551 0.905 26.738 28.074 0.550 0.790 :hina 0.212 0.185 0.111 1.134
      440 words
    • 68 24 Apr 1 mth 0.***** 0.***** mths 0.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates (S$) mth 0.***** mths 1.***** mths 1.***** 6 mths 1.***** 9mths 1.***** 12 mths 2.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs
      68 words
    • 143 24 Apr 1 /oz) lar \pr long Kong 914.90 916.10 915.90 917.10 Mar 30 Mar 31 926.20 915.35 (SS). Sellini Bu< nm .ondon 1 oz 1578.25 142 UBS GOLD LUNAR KINEBAR (SS) Selling Buyim Source: Thomson Reuters lOgm SILVER $553.19 Selling Bui 45. /in< CAST BAR (SS) Apr 01
      143 words
    • 149 24 Apr 1 lurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.0488 1.0501 0.6891 0.6893 "anadian dollar 1.2027 1.2040 0.7902 0.7903 iuro 2.0061 2.0086 1.3181 1.3185 IZ dollar 0.8468 0.8485 0.5564 0.5570 aterlini 2.1854 2.1881 1.4359 1.4363 IS dollar 1.5220 1.5234 >$/US$
      149 words
    • 64 24 Mar 31 Co iri iiuiii, yy.i (USS/tonne) Close Previous .ash 1355.00 months 1392.00 1356.50 1394.00 Copper, Grade A (USS/tonne) months 4003.25 4040.00 3868.75 3910.00 .ead (USS/tonne) iash months 1256.75 1270.00 1233.75 1250.00 lickel (USS/tonne) ]ash I months 9755.00 9850.00 9478.00 9575.00 'in (USS/tonne) .ash *****.00 *****.00 months *****.00
      64 words
    • 75 24 Mar 31 (£/tonne) Close Prev Hii ih/Low Way 09 1940 1950 1952/1921 ul 09 1904 1915 1916/1890 iep09 1881 1891 1893/1870 Dec 09 1862 1867 1872/1852 IOFFEE (USS/tonne) Close Pev High/Low War 09 1524 unch Way 09 1555 1539 1558/1536 ul 09 1557 1536 1558/1534 SUGAR (US tonne) White
      75 words
    • 2265 24 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left '058 Advance Modules Grp W*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 1 17 156 1.50 1 87 2817 6.00 40 16 )092 Asia Environment W*****4 0.5 1481 Asia Water
      2,265 words

  • Page 25 Advertisements
    • 3445 25 m The Business Times Shipping Times m mTTM KPV Sly WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M r^v m- An*** mm m^J&SjjmjZjJljam jBB.PI.OICCtf-'tß'D'-.I SUB 111 VTTi\ IAfA 1.1 UAI I I MFC TEL_*****58S (14LINES) FAX:*****163 1 |1 (_|(CjcTlH !H!_m__l__MSHl__W_wWlllrß ____PTffl_n'PP'lliS9fflWWpW IV\ V^t I WAN HAI INtj PKL TEL: (0_)
      3,445 words

  • Page 26 Advertisements
    • 5451 26 F^^^^^^^^^^^^^^^^^H H EASTERN CAR LINER, LTD I l^^ffiErDßEJ B_fS|n ll—f___—l I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS [BM| ■U____U___t____i________i -J VOY I RoinKKT) I lillinq(KT) IPX I SIN I PKL I )KT I BKK I SUR I PCL/PHL SERVICE AAAX SERVICE Cnnec,ing ECL Svc via MALTA LUNAAZUL JL
      5,451 words

  • BizIT
    • 633 27 It is adding more sales, software consulting positions to cope with strong pipeline of new business opportunities, reports WINSTON CHAI BMC Software plans to swim against the economic tide by stepping up recruitment at a time when other companies are cutting back. The US-based
      633 words
    • 211 27 Xinhua [SAN FRANCISCO] As a result of the unprecedented global economic slowdown, worldwide information technology (IT) spending will fall nearly 4 per cent this year, sharper than the decline in the dotcom bust year, market research firm Gartner said on Tuesday.
      – Xinhua  -  211 words
    • 433 27  -  AMIT ROY CHOUDHURY This marks largest ProLiant rollout in company's history HEWLETT-Packard (HP) has introduced its new HP ProLiant G6 server line in Singapore and the region. This represents the largest HP ProLiant rollout in company history. According to HP's Tony Parkinson,
      433 words
    • 306 27 Bloomberg [SAN JOSE, California] Cisco Systems Inc, seeking to capitalise on companies' efforts to rein in travel expenses, introduced a videoconferencing system that is about one-third the cost of its original set-up. Cisco's TelePresence System 1300 Series, which will transmit life-size images of as many
      – Bloomberg  -  306 words
    • 852 27  -  WEI MING TAN <you say> Strong legislation, industry best practices and consumer education will help bring about a much safer and vibrant online environment PERSONAL data is becoming the new currency in the information age. Names, addresses, dates of birth, phone numbers, national identification
      852 words

  • PROPERTY
    • 695 28 Reuters Barclays says some 35b euros worth needs to be refinanced by 2012 [LONDON] Property funds are spying rich pickings from the carnage in commercial real estate, stockpiling cash to buy discounted loans that may cost banks billions of pounds in coming years.
      Reuters; BLOOMBERG  -  695 words
    • 412 29 Reuters Moody's cites exposure to the former boomtown's property downturn [DUBAI] Moody's Investors Service said yesterday that it had downgraded credit ratings on two Dubai state-linked companies including Emaar Properties due to their exposure to a real estate slump in the former boomtown. Moody's
      Reuters  -  412 words
    • 705 29 Reuters [NEW YORK] Consider apartment 13C at 730 Park Avenue on Manhattan's storied "Silk Stocking" district. It has seven rooms, a fireplace, excellent nearby schools and a price that has been cut 46 per cent. The tale of 13C illustrates a role reversal
      ■ Reuters; BLOOMBERG  -  705 words
    • 170 29 [SINGAPORE] Berkeley Homes is holding an exhibition here this weekend for its London development City Quarter. The project, in Leman Street, not far from the Tower of London and the financial district, consists of two phases of new apartments and penthouses and one
      170 words
    • 641 30 Rents set to slide further after 18% average islandwide drop in Q1 [SINGAPORE] The islandwide average office occupancy rate slid 2.1 percentage points quarter on quarter to 93.6 per cent in QI 2009, according to DTZ. This is the steepest quarterly fall since
      YEN MENG JIIN  -  641 words
    • 476 30 7% average drop q-o-q follows 3% decline in 4Q08: DTZ [SINGAPORE] Industrial rents fell faster in the first quarter of this year against a backdrop of shrinking demand amid the recession. DTZ said yesterday the average drop was 7 per cent quarter on
      476 words
  • Page 28 Advertisements
    • 3096 28 OTTO MARINE LIMITED (Incorporated in the Republic of Singapore) (UEN: *****2647 M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Ninth Annual General Meeting of Otto Marine Limited (the "Company") will be held at Pisces/Aquarius Room, Level 1 Marina Mandarin Hotel, 6 Raffles Boulevard, Marina Square, Singapore
      3,096 words
    • 165 28 FREEHOLD SITE FOR SALE \fi^s_ sp**** Address: Btßatok Southhavenl N_tur_Pk 217 Upper Bukit Timah Road Site Area; APProx 5-223 sf i i^Sj**!^ Redevelopment Potential: M shpgc* Commercial development /f/. _sauw //7 sA (Gross Plot Ratio: 1.4) 100/ World Ctr /NJ^\ el -.ai* n&Sv Ideal for shops/offices/showrooms igi" V\ Regular layout
      165 words

  • Page 29 Advertisements
    • 55 29 Jtt^^^^BH Security. Position. 55 St Georges Terrace, Perth, 4P l^^.____^^^ ZZ'Z?\- m r\^^^\ Limited short-term capex given __J___t a 188-ll rir:H [jl aliSrJlk. %JLJ^M EXPRESSIONS OF INTEREST 1 J^MT '^^i- -HSBO^SI-^^^^^^^ Closing Thursday, 7 May 2009 ||ljy_-J Brad Carey +**********1 John Williams +**********5 Tim Nation +**********1 IM.&fcVJ-ld--- Ben Hunter +**********
      55 words
    • 2693 29 V*Z^ kT^TT/nrP Tollfree:1800-289-8822 w t^l II If r^ Email:notices@s Phcom- s 9 _L^l V^>/ A IV lil www.cats.com.sg ems)enercy EMS ENERGY LIMITED Company No. *****0485 D (Incorporated in The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of EMS ENERGY LIMITED
      2,693 words

  • Page 30 Advertisements
    • 582 30 I I Jll !l- .:ji!M- ■wfßPTOWxtcfflllißlliil F7mTTTTT_Cij" ffti*wi«tiii I Z pcode aMM m m ~9 J 1 1 I mm^r t Jf*Mh^- IbrajghttoyajbySPHNewMedaPteLtd V I X 4 A fl L ti^yjg^___- _-ill_»^ HOW TO ZAP: Download software by SMS-Ing the wor. "zap" A^^ V_J>J\/lllv_^ I. y lllvJ? Zap the colour
      582 words