The Business Times, 18 August 2009

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

Total Pages: 28
1 28 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg SfSl A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Tuesday, August 18,2009
    20 words
  • 1055 1  -  KALPANA RASHIWALA Record 2009 sales on the cards as developers seek balance between volume and price By [SINGAPORE] Even as news of the 52 per cent month-on-month jump in developer home sales to a stunning 2,767 units in July begins to
    1,055 words
  • MARKETS DIGEST
    • 46 1 lorn lay lange 1COMP 1,169.05 -19.52 IIKKEI225 10,268.61 -328.72 IANG SENG 20,137.65 -755.68 ;et index 632.05 -22.20 JAKARTA COM P Closed IANILACOMP 2,771.18 -78.83 ;eoulcomp 1,547.06 -44.35 ;henzhen b 485.28 -28.23 IUMBAI IND 14,784.92 -626.71 12 noon EDT Change )OW 9,167.61 -153.79 IASDAQ 1,938.89 -46.63
      46 words
    • 28 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONGKONG 5.00 INDONESIA 16.354 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source:
      Bloomberg  -  28 words
    • 43 1 IS$ (S$ ier US$) 1.449 (US$/S$ per 1.634 2.368 ;UR0 (US$/S$/E) 1.412 2.046 Foreii in curreno >er US$ S$ 'EN 94.60 65.30 3.541 2.444 IK$ 7.751 5.351 !AHT 34.07 23.52 lUPIAH 9,930 6,855 lENMINBI 6.834 4.718 INDIAN RUPEE 48.71 33.62 1.220 0.842
      43 words
  • 794 1  -  CHEN HUIFEN A more targeted approach could be put in place By [SINGAPORE] The Jobs Credit scheme rolled out to tide Singapore businesses over economic hardship could be tweaked, but it is unlikely that this key component of the Resilience Package in this year's
    794 words
  • 677 1  -  ANTHONY ROWLEY Economists worry that the GDP growth may not be self-sustaining BV. in Tokyo JAPAN'S economy pulled out of its longest recession of the postwar period during the second quarter of this year, growing by 0.9 per
    AFP  -  677 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 37 1 t|P| SMEINC ENTERPRISE 50 PARLIAMENT MmgHmm Nam Leong: Reputation Embracing V o MPs to discuss I**l is the name of the game change head on Goodyear's goodbye (j PAGE 9 PAGE 10 i PAGE 2 HI fHI
      37 words

  • TOP STORIES
    • 509 2  -  LEE U-WEN 3 MPs seek answers on departure of man who was slated to run Temasek By I [SINGAPORE] Parliament sits again this afternoon, and kicking things off will be three members of the House who are seeking more answers to Temasek Holdings' shock announcement
      REUTERS  -  509 words
    • 545 2 Reuters, AFP [HONG KONG] China Investment Corp (CIC), the country's US$2OO billion sovereign wealth fund, is set to pour up to US$2 billion soon into the US mortgage system by hiring mandates under the US Treasurybacked Public-Private Investment Plan (PPIP), sources told Reuters.
      – Reuters, AFP  -  545 words
    • THREE-MINUTE DIGEST
      • 68 2 EVEN as news of the 52 per cent month-on-month jump in developer home sales to a stunning 2,767 units in July begins to sink in, analysts are revising their predictions for the full year. Some market watchers are forecasting sales of
        68 words
      • 73 2 THE Jobs Credit scheme rolled out to tide Singapore businesses over economic hardship could be tweaked, but it is unlikely that this key component of the Resilience Package in this year's Budget will be withdrawn entirely. This seems to be the sentiment among observers,
        73 words
      • 71 2 JAPAN has pulled out of its longest recession of the post-war period, with the economy growing by 0.9 per cent in the second quarter or at an annual rate of 3.7 per cent. But the recovery was somewhat weaker than
        71 words
      • 47 2 PARLIAMENT sits again this afternoon, and kicking things off will be three members of the House who are seeking more answers over Temasek Holdings' shock announcement last month that it was parting ways with its CEO-designate, Charles "Chip" Goodyear. TOP STORIES, PAGE2
        47 words
      • 56 2 CITIGROUP Inc, under pressure from the Obama administration to reduce executive compensation, may try to persuade energy trader Andrew Hall to accept stock instead of cash in 2010 after paying him about US$lOO million last year, people familiar with the
        56 words
      • 71 2 THE third quarter has got off to a promising start, with July's exports faring better than expected and spurring talk of upside risks to GDP forecasts. Non-oil domestic exports (NODX) grew 6.1 per cent in seasonally-adjusted terms in July over June against
        71 words
      • 52 2 NEPTUNE Orient Lines' latest operating numbers show that the slump in the container sector is not yet over. For the four weeks ended July 24, NOL's container shipping volume and revenue fell 11 per cent and 29 per cent year-on-year respectively. COMPANY NEWS,
        52 words
      • 41 2 A SHARPENING of racial language from Malaysia's largest ruling party may put at risk Prime Minister Najib Razak's efforts to win back support from ethnic minorities and dampen his economic reform plans. MALAYSIA/INDONESIA, PAGE 14
        41 words
    • 542 2 Bloomberg [LOS ANGELES] Citigroup Inc, under pressure from the Obama administration to reduce executive compensation, may try to persuade energy trader Andrew Hall to accept stock instead of cash in 2010 after paying him about US$lOO million last year, people
      Bloomberg; AFP  -  542 words
    • 486 3  -  ANNA TEO After June's 5% drop and estimates of a 2% rise, exports in July grew 6.1%, with pharma holding up By [SINGAPORE] The third quarter has got off to a promising start, with July's exports faring better than expected and spurring
      486 words
    • 878 3 -MT [CHASKA, Minnesota] YE Yang, ranked No 110 in the world, took on No 1 Tiger Woods and never blinked. Yang, a South Korean, stunned Woods and electrified the golf world on Sunday at Hazeltine National by shooting a two-under-par
      -MT; AFP  -  878 words
    • 297 3 Reuters, Bloomberg LATEST US DATA [NEW YORK] A gauge of the New York state factory sector showed growth for the first time since April 2008, signalling manufacturers could lead the US economy out of the worst downturn in 70 years. The New York Federal Reserve
      Reuters, Bloomberg  -  297 words
  • Page 2 Advertisements
    • 6 2 I M^n i HH HHHR HUH
      6 words
    • 91 2 SI Fantasy Waterbeds Pte Ltd J "J/' Where Sleep Matters. At<3!' Art No Pain, (Iff) More Sleep Gained With perfect lumbar, neck and back support, you Xr can finally experience complete holistic sleep and all the benefits that come with it. M^MH^^^BM^^^^^^ "Visit our Fantasy Sleep Centre I mrn^ for
      91 words

  • Page 3 Advertisements
    • 90 3 iS*^ I I ■V'* 11''* Servcorp Virtual Offices The most professional business image from $110 per month Full business and IT solutions without the physical office space Best address, dedicated receptionist, global network of meeting rooms and value added IT solutions No deposit, no long term commitment required Sign up
      90 words

  • COMPANY NEWS
    • 386 4  -  VEN SREENIVASAN The two will work together to strengthen their leading positions Reports by SINGAPORE Airport Terminal Services Limited (SATS) yesterday announced that it had renewed its comprehensive cargo contract with Singapore Airlines Cargo (SIA Cargo) at Changi Airport. "The new contract
      FILE PHOTO  -  386 words
    • 221 4 SINGAPORE Airlines enjoyed a slight month-on-month pick-up in both passenger and cargo loads last month thanks to capacity cuts. But year-on-year passenger numbers were down. July's passenger load factor was 79.7 per cent an increase from 75.7 per cent in June. But
      221 words
    • 729 4  -  JOYCE HOOI THE latest round of second-quar-ter earnings has proven to be like a weapon of mass destruction not of any tangible use or particularly instructive, but merely important to have because everyone else does. While both earnings and weapons of mass destruction occasionally
      729 words
    • COMPANY BRIEFS
      • 73 4 SINOTEL Technologies announced that the group has secured about 210.7 million yuan (5544.6 million) worth of 3G related projects as at July 31, 2009, making up 60.6 per cent of the group's total order book of 347.4 million yuan. The rise in 3G
        73 words
      • 70 4 ADVANCED Integrated Manufacturing Corp (AIM) said subsidiary Advanced Manufacturing Corporation Pte Ltd has been awarded a new contract with an estimated annual value of US$5 million in addition to an existing contract from Honeywell International Inc. The contract is subject to renewal every three
        70 words
      • 81 4 NEL Group's independent director (ID) Lee Chee Kheng has stepped down with effect from Aug 14. Explaining why he resigned, Mr Lee said in a filing with SGX that he was unable to obtain the special audit report timely. The completion of the special
        81 words
      • 104 4 STRAITS Asia Resources said the Indonesian government has formally completed a process for rezoning land use across South Kalimantan. The government decree for South Kalimantan includes a significant area within Straits Asia's Sebuku coal concession that was previously restricted from mining. That land has
        104 words
      • 29 4 ABTERRA Ltd has agreed to buy a 30.6 per cent stake in Shanxi Lingshi Fuyuan Coal Co Ltd for 234.8 million yuan.
        29 words
    • 421 5  -  VINCENT WEE 4-week volume and revenue fall 11% and 29% respectively By NEPTUNE Orient Lines' latest operating numbers show that the slump in the container sector is not yet over. For the four weeks from June 27 to July 24, NOL's container shipping
      421 words
    • 278 5  -  VINCENT WEE By COSCO Corp (Singapore) yesterday announced yet another ship delivery rescheduling this time involving two 57,000 DWT dry bulk carriers, which were part of a massive US$l.3 billion order for 29 vessels secured in October 2007. Following requests from a European ship
      278 words
    • 277 5  -  RACHEL SIM By BBR Holdings said yesterday it has wonaslo4.2 million contract, its first from the Housing and Development Board, to build seven 13-storey blocks comprising 864 homes in Yishun Neighbourhood 4. Work is set to start next month and completion is
      277 words
    • 375 7  -  JAMIE LEE Plan to cancel 9.08m HLA shares arising from distribution by 50%-owned unit By HONG Leong Asia (HLA) has proposed a capital reduction to cancel some 9.08 million shares that represent 2.38 per cent of the share capital. This comes after Singapore Cement Industrial
      375 words
    • 440 7  -  NISHA RAMCHANDANI By AFTER narrowly failing to oust Asia Water Technology's (AWT) management at the extraordinary general meeting (EGM) last month, AWT's substantial shareholder EGN Nominees has called another EGM this time in a bid to remove the two remaining directors and to
      440 words
    • 370 7  -  LYNETTE KHOO By SINGAPORE-LISTED China XLX Fertiliser has applied for a dual listing in Hong Kong. The Chinese company said it had on Aug 14 filed an application to Hong Kong Exchanges and Clearing Limited (HKEx) for the listing and trading of
      370 words
    • 402 7  -  UMA SHANKARI By HONG Kong-based property developer Pan Hong Property Group yesterday said that it has placed out 23.8 million new shares to a Chinese bank to raise net proceeds of $11.76 million. The shares were placed out to Bocom International, the investment
      402 words
    • 214 7 WEE Hur Holdings has announced a renounceable non-underwritten rights issue of up to 160.5 million warrants at an issue price of one cent each. The warrants will be offered on the basis of one warrant for every two shares held, with each warrant
      214 words
  • Page 4 Advertisements
    • 857 4 TERRACE FACTORY FOR SALE TuasSoulh Avel,3&4 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 in the ma™ of Limited Units NBrr HEAP MEN6 TRADING CO PTE LTD Left FOF Sale [Members' Voluntary Liquidation) «**T -J At an Extraordinary General Meeting of '-w fc JS£--E. j*£?^ the Members of HEAP
      857 words
    • 451 4 SpJctHg, Mp Few 2>/hJH^ Bxper/'epice I Our group started with the popular Jack's Place f\. DGDDGrQ I Y\Q Steakhouseinl966.Wethenevolvedtoincludem O re Kl dining concepts. In each of our 4 dining concepts, our wm customers recognised our ability to add zing to the dining affair-just like a dash of pepper can
      451 words

  • Page 5 Advertisements
    • 509 5 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. Past performance is not indicative of future returns. vv O-11 o n International Group Distributions During
      509 words

  • SINGAPORE MARKETS
    • 624 6  -  CONRAD TAN STOCKS Weak US consumer sentiment report ignites fears that global equity prices may have risen too far in recent weeks STOCKS across Asia fell sharply yesterday after Friday's weak US consumer sentiment report prompted fears that equity prices worldwide may have risen
      : Bloomberg  -  624 words
    • 93 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 0 14 3 0 0 0 0 14 3 lanufacturing 26 127 45 11 11 32 138 56 Commerce 49 16 10 55 20 )t/Stor/Comms 35 36 :inance 19 19 10 Construction 16 20 'roperties 41
      93 words
    • 116 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 23,457 23,457 81,230 81,230 lanufacturing 546,440 52,757 599,197 306,785 2,897 309,682 lommerce 220,300 19,108 239,408 96,883 9,682 106,564 'pt/Stor/Comms 281,548 1,349 282,897 237,714 292 238,006 :i nance 47,303 50 47,353 282,986 282,990 lonstruction 153,708 62,476 216,184 52,744 950 53,693
      116 words
    • 105 6 lapitaLand 3.560 -0.140 lapitaMall 1.460 -0.040 jtyDev 9.730 -0.470 lomfortDelGrc 1.560 -0.040 losco Corp 1.200 -0.050 IBS Grp 12.600 -0.320 :&N 3.900 -0.130 ienting SP 0.865 -0.030 iolden Agri 0.465 -0.040 IK Land 3.860 -0.140 IMH 29.400 -0.360 ISH 16.400 -0.600 lardineC&C 22.460 -1.500 Ceppel Corp
      105 words
    • 301 6  -  LYNETTE KHOO Parkway Holdings Aug 17 close: $1.85 DEUTSCHE BANK, Aug 16 MANAGEMENT plans to launch Novena medical suites in Ql FY10: Parkway has received strong interest and plans to price its medical suites at $3,500 psf for phase 1 (80 units). Construction will be funded by a
      301 words
    • 242 6  -  KEN TAI CHART POINT THE Straits Times Index is likely to head lower in the coming weeks as market breadth has started deteriorating. Considering the dearth of positive catalysts and coming out of the National Day rally, technical readings support the hypothesis that regional markets
      : Bloomberg  -  242 words
    • 493 6 Reuters CURRENCIES [NEW YORK] The euro hit a two-week low against the dollar and yen yesterday as a slide in oil prices and global stock markets and doubts about the strength of a US recovery prompted investors to cut exposure
      – Reuters; BLOOMBERG  -  493 words
    • 4 6 DAILY
      4 words
    • 59 6 Aug 17 VALUE CLOSE IT OB/OS -186.00-424.0C IT CADI -*****.00-353.0i IT 10-day MA -*****.00 -19.0' TSE ST Mid Cap 575.59 -19.3 TSE ST Small Cap 502.31 -21.4: TSE ST All Share 623.28 -21.2 TSE ST China Top 265.60 -10.5 TSE ST China 262.14 -10.31 TSE ST Catalist
      59 words
    • 56 6 VOLUME Golden Aqri 115,493,000 Abterra 82,676,000 Gentinq SP 74,438,000 Lian Benq 60,570,000 Sapphire 58,709,000 Seroja 54,708,000 Sinotel Tech 39,999,000 China Honqxinq 39,301,000 Ezra 38,502,000 Ezion 32,702,000 VALUE(S) DBS Grp 120,178,842 CapitaLand 82,536,891 Gentinq SP 65,076,115 Wilmar 63,746,328 SingTel 62,684,830 SGX 56,148,180 Golden Aqri 55,345,180 UOB 54,986,080 Keppel
      56 words
    • 102 6 CLOSE UP iBXT S&P Short 10US$ 6270 246.1 2.8 lain irm 670 69.5 7. iBXT FTVietnam 10US$ 5144 65.2 0. 'hai Prime Fd 472 17.4 2.' ;TI2650SGAePW*****9 48 7.0 17.1 ■oonLian 14 6.5 86. m 2600BNPePW*****9 38 6.0 18.: .entraLand 36 5.0 16.1 lent Loni 32 5.0 18. ;TI2800SGAePW*****9
      102 words
    • 115 6 BY CENTS CLOSE DOWN iBXT Ni 10US$ 9292-535.7 -3.8 LD 10US$ 9220-260.6 -1.9 lardine C&C 2246-150.0 -6.3 iBXT FTChina25 10US$ 2846-140.4 -3.3 imei iNav 1200-130.0 -9.! China H 10US$ 1477 -94.1 -4.; ISH 1640 -86.9 -3.5 MS India 10US$ 1218 -79.6 -4.: iTXPO 100 1390 -70.0 -4.8 .yxor India
      115 words
    • 82 6 iere« S$ stands Aug17 %CHNG CLOSE FRAugH YR2009 S$ LOW S$ HIGH ISS 1.4446 -0.12 1.5579 1.4308 iuro 2.0492 0.56 2.0732 1.9150 'ounds 2.3840 0.23 2.4366 2.0356 1.1983 1.55 1.2171 0.9453 ren* 1.5242 -0.57 1.7278 1.4831 lupiah* 0.***** -0.12 0.***** 0.***** !aht* 4.2476 -0.18 4.3390 4.1040 'eso* 3.0127 -0.34
      82 words
  • Page 6 Advertisements
    • 103 6 :*VIUm_P ~'Xs*~ L. ..z \****mkwuzzX!^&^~ __El!WMffiffT!lllW^^ The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and needs. CFDs are leveraged products and have the potential for both significant gains as well as
      103 words

  • Page 7 Advertisements
    • 52 7 Jj§ Ik Open House@SlM 'jjjst K I www.sim.edu.sg/openhouse —J Kevin Tai Exchanging experiences with senior executives. B Sharing of ideas by international faculty. He's bringing out his best at SIM. Hjfe TtJ> University at Buffalo |/J| C |V/| G LOB AL The State University of New York |^J J I
      52 words

  • SINGAPORE NEWS
    • 311 8  -  JUSTIN CHAN Business forum seeks to forge closer ties between the two countries By THE Nigeria-Singapore Business and Investment Forum for Singapore companies kicked off yesterday at Raffles City, with a 60-strong trade delegation from Nigeria showcasing the country's commitment to making it
      311 words
    • 499 8 THE world's largest skydiving simulator, iFly Singapore, is forecast to attract more than 100,000 visitors and generate more than $15 million in revenue in its first year of operation. The attraction, which marked its groundbreaking yesterday, is scheduled to start operations in the second
      499 words
    • 440 8 Reuters STANDARD Poor's (S&P) Ratings Services affirmed its "AAA" long-term and "A-1+" short-term sovereign credit ratings for Singapore, with the outlook remaining stable. The ratings on Singapore are underpinned by the sovereign's enduring fiscal and external strengths, and its strong record of prudent macroeconomic
      – Reuters  -  440 words
    • 269 8  -  OH BOON PING By IS the worst of the economic crisis over? Hear it from the experts at this year's Invest Fair. Organiser Sharelnvestor says a team of market watchers will give their take on the economy and the stock market at a forum
      269 words
  • Page 8 Advertisements
    • 425 8 26 28 August 2009 A Suntec Singapore International Convention Exhibition Centre (Hall 401) N£ FVPO 200$ A world-renowned consumer products manufacturing base Ningbo City in Zhejiang Province -will be showcasing leading products from Ningbo in Singapore. You will no longer need to fly all the way to China. Come and
      425 words

  • SMEInc
    • 831 9 Nam Leong is today seen as a 'high-quality partner' in the building and shipbuilding industries, reports LI DAN WEI NAM Leong Co Pte Ltd is a leading supplier of carbon steel pipes, carbon steel fittings and valves in the building and shipbuilding industries
      YEN MENG JIIN  -  831 words
    • 580 9  -  BRITTANY KHOO By AS a Malaysian teenager coming over to Singapore to find work, Robin Yap roughed it out in the packaging industry, learning the tools of the trade from scratch. Since then, he has witnessed technological improvements in the sector, from common
      YEN MENG JIIN  -  580 words
    • 1304 10  -  GU LELE, KUANG BIQING WEE SING GEK SHEENA After its revamp, fitness equipment distributor Dynaforce evolved to offer a comprehensive suite of related health services, report and OW in its 20th year of business, Dynaforce International Pte Ltd has come a long way in the wellness
      ARTHUR LEE  -  1,304 words
    • 879 10 Linkers (Far East) helps producers market and distribute their products, write TERESA NG MEIYAN, DESMOND ONG WEI LIANG, STEFANIE INDRADEWI SURYOPUTRO and LAURA TANUWIDJAJA WITH its head office in the heart of Singapore's business district, Linkers (Far East) serves the world as a marketing agent
      ARTHUR LEE  -  879 words
    • 1237 11 Infocomm can play a role in helping SMEs with limited resources approach overseas opportunities without over-stretching themselves THE international market beckons SMEs looking to grow their business. But faced with limited capital, manpower and other resources, they have to be careful to approach overseas opportunities without over-stretching
      1,237 words
    • 454 11  -  TEH HOOI LING By' DESPITE yesterday's sharp correction, just over half of the stocks in our small-cap portfolio managed gains in the week to yesterday. Overall, the portfolio edged up 0.6 per cent. This compares with a slide of 0.1 per cent suffered by the Straits
      454 words
    • 319 11  -  JUSTIN CHAN But study finds they are less optimistic than regional peers By CONFIDENCE among small and medium enterprises (SMEs) in Singapore is showing signs of recovery, according to the Kadence Business Confidence Index. The study also compared SME business confidence in other Asian markets
      319 words
    • 202 11 EXPLOIT Technologies has divested its interest in homegrown mobile advertising firm BuzzCity for a sum of US$l million. The level of interest sold was not disclosed, but following the transaction, Exploit Tech will continue to own just over 5 per cent of the shares in
      202 words
    • 1281 12 THIS WEEK'S TOPIC Do you think now is a good time to raise capital, either through private investors or share markets? If your company is not listed, do you plan to list in the near future? Jerry Tan Managing director Hu Lee Impex IT is not the
      1,281 words
  • Page 9 Advertisements

  • Page 10 Advertisements
    • 4 10 I f uimmm I
      4 words
    • 69 10 ENTERPRISE Celebrating Singapore's Enterprising Spirit 2009 Published every Tuesday and Thursday, this series is part of the Enterprise 50 Educational Project between the E5O partners and the NUS Business School. Dynaforce International and Linkers Far East were among the E5O winners in 2008. The annual E5O ranking is coorganised by
      69 words

  • Page 11 Advertisements
    • 645 11 In a ruling of the District Court of Reykjavik issued on 24 Association may file claims in the language of that state. November 2008, Kaupthing Bank hf. ID-No. *****2-0419, Such claims must be accompanied by an Icelandic transBorgartun 19, 105 Reykjavik, was granted a moratorium lation. However, it Is permitted
      645 words

  • Page 12 Advertisements
    • 939 12 money- I ~m CAI JIN lOCk; SGX must reach m tyJ^^^^ to potential 'dnjggg I L^gMH Pressured by financial c^^^U^ hooVsdisci ffej^^^il? I crisis, listed companies C^o^^S^S.^ 11"10""11 BEST 1 may just do minimum tto^*rC'"S"^K fc£??»«%^' I r^ 1 t^^j^^^ZT^m^o"^^'"^ I (F^ IBV Goh ENC Y,o, T^Z™ 'ZZF£ZW& fc^"^ <„
      939 words
  • Page 12 Miscellaneous
    • 127 12 SME Next week's topic: "As mentioned by Prime Minister Lee Hsien Loong in his National Day Rally speech, SMEs in the furniture sector have gone from members of a sunset industry to those of a vibrant community by leveraging on the Singapore brand and seeking opportunities abroad. Do you think
      127 words

  • ECONOMY WATCH
    • 1031 13 Bloomberg Foreign buyers snap up longer-term securities, extending the average maturity of US debt [NEW YORK] For the first time since the start of the global financial crisis, the US government is breaking its reliance on short-term debt as foreign buyers pile into longer-term
      – Bloomberg  -  1,031 words
    • 245 13 Reuters [BERLIN] European Central Bank Governing Council member Axel Weber on Sunday said the German economy had bottomed out, but warned that the financial crisis may not be over yet. Mr Weber's comments chimed with remarks by fellow ECB Governing Council member
      – Reuters; AFP  -  245 words
    • 528 13 Bloomberg 1b euro June total due in part to easing of export slump [AMSTERDAM] Europe posted a trade surplus for a third month in June as the slump in exports eased, adding to evidence that the region's economy is near the end
      – Bloomberg; AP  -  528 words
    • 490 13 -Reuters [BEIJING] China suffered its 10th straight monthly fall in foreign direct investment (FDI) in July. However, the country sees good news ahead on the export front. FDI inflows fell 35.7 per cent in July from a year earlier to U555.36 billion,
      -Reuters; REUTERS  -  490 words
    • 357 13 -AFP [MANILA] Filipinos working abroad sent home a record US$l.5 billion in June, the central bank said yesterday, boosting hopes that the country can avoid a recession this year. The June figure, up 3.3 per cent year on year, takes the total
      -AFP  -  357 words
  • Page 13 Advertisements

  • MALAYSIA/INDONESIA
    • 799 14 -Reuters Umno leaders have described Anwar's group as traitors to the Malay race [KUALA LUMPUR] A sharpening of racial language from Malaysia's largest ruling party may put at risk Prime Minister Najib Razak's efforts to win back support from ethnic minorities and dampen his
      -Reuters; REUTERS  -  799 words
    • 269 14 Bloomberg [KUALA LUMPUR] Malaysia's economy is showing signs of improvement and may record positive growth by the fourth quarter, central bank governor Zeti Akhtar Aziz said. "Early numbers show clear signs of improvement. But it is too early to tell which quarter"
      – Bloomberg  -  269 words
    • 724 14 Reuters [HONG KONG/JAKARTA] Indonesia must add depth and liquidity to its stock and bond markets if they are to have any chance to extend the first half s remarkable bull run in the second half of the year. Value can still be found in
      – Reuters  -  724 words
    • 404 14 Bloomberg [KUALA LUMPUR] Malaysia, where swine-flu deaths have more than quadrupled in two weeks, plans to cap the price of face masks after the cost of the most basic covering soared, the country's health minister said. A disposable cloth over the mouth and
      – Bloomberg  -  404 words
  • Page 14 Advertisements
    • 296 14 Rule 101 FORM 69(4) NOTICE OF DIVIDEND Name of company Contipac Shipping Lines Pte Ltd (In Creditors' Voluntary Liquidation) Company Registration No. *****5142N Address of registered office c/o Liquidators' office Amount per centum 10 per centum of all admitted unsecured claims First and final or otherwise First and final dividend
      296 words
    • 33 14 morning crew _-_^^^^^^------fZ*>^^^^_---I^^l mL IKi 3 llii'l strange., utgoltaj ____p _^^k _i_-_r A\W *a _r AmmW WAmW m WwM I iflHi^^l -H I I 2^ fl I I I I WEEKDAYS 6am -lOam
      33 words
    • 17 14 Lianhe Zaobao I Singaporean Jill Lee is Siemen's first GlobaU^J Chief #J Diversity s Officer n —^**m
      17 words

  • GREATER CHINA/INDIA
    • 574 15 ■AFP Firm gets US$5.5-6b of financing by Sept in return for ending frozen talks [SYDNEY] Australia's Fortescue Metals yesterday unveiled discount iron ore prices for the key Chinese market in return for up to US$6 billion of financing, ending an industry-wide negotiating impasse. The prices,
      ■AFP  -  574 words
    • 280 15 -AFP [BEIJING] Hundreds of villagers broke into a smelting plant in north China blamed for the lead poisoning of more than 600 children, smashing trucks in protest, state media reported yesterday. Around 100 policemen were deployed after the villagers in Shaanxi province's Changqing township
      -AFP  -  280 words
    • 250 15 -Xinhua [NEW DELHI] Riding over lower manufacturing costs coupled with availability of quality manpower with technical capabilities, the Indian pharmaceutical outsourcing industry is expected to reach US$2.3 billion by the end of 2010, said Organisation of Pharmaceutical Producers of India (OPPI) in a
      -Xinhua  -  250 words
    • 132 15 -AFP [NEW DELHI] Indian Prime Minister Manmohan Singh said yesterday that militants in Pakistan were plotting new attacks in India as he urged security forces to stay on high alert. "There is credible information of ongoing plans of terrorist groups in Pakistan to carry
      -AFP  -  132 words
    • 364 15 Bloomberg Official released by workers after being held for 4 days [BEIJING] China scrapped the takeover of a state-owned steel factory for the second time in two months after protesting workers held an official hostage for four days, according to government and state media reports. Dong
      Bloomberg; REUTERS  -  364 words
    • 468 15 -AP [HONG KONG] A leading Hong Kong developer has sued legislators over subpoenas requiring two top executives to testify about a controversial land deal in a lawsuit that analysts says reflects the power of big business in this freewheeling Chinese financial city. Lawyers representing
      -AP; ■ AFP  -  468 words
    • 384 15 Reuters [NEW DELHI] Drought-hit areas in India's main cane-producing region received heavy rains for the first time in three weeks, but weather officials and the sugar industry were divided about the impact on the crop. India's monsoon rains have been 29
      – Reuters  -  384 words

  • ASIA-PACIFIC/WORLD
    • 740 16 -AP Campaign has threatened to re-ignite tension between the pro-Thaksin and anti-Thaksin factions [BANGKOK] Thousands of supporters of deposed prime minister Thaksin Shinawatra rallied in central Bangkok yesterday and then marched to the royal palace, seeking a pardon for the fugitive leader. After
      -AP; AP  -  740 words
    • 567 16 -AP [SEOUL] North Korea said yesterday that it will resume largely stalled cross-border exchanges with South Korea, a surprise move that could help ease months of tensions over the communist country's missile and nuclear tests. The North's announcement followed a meeting on Sunday between
      -AP  -  567 words
    • 275 16 -AFP [HONG KONG] A United States crackdown on wealthy Americans accused of ferreting their money overseas to avoid paying taxes at home has spread to Hong Kong, a report said yesterday. Court documents in the United States detail how Swiss banking
      -AFP  -  275 words
    • 678 16 -Reuters Volume of bullion gold imports to Dubai went up 13% [DUBAI] Uncertainty over the world economic outlook is changing Middle East gold buying behaviour, with individuals seeking bars and coins as a buffer against hard times, rather than
      -Reuters; REUTERS  -  678 words
    • 287 16 Bloomberg Banks are recruiting again after oil and copper prices double [LONDON] Wall Street firms are again recruiting commodities traders with promises of US$l million bonuses as prices of raw materials from oil to copper double. Less than a year after oil
      Bloomberg  -  287 words
    • 244 16 Reuters [TOKYO] Japan's opposition Democratic Party, which polls show is likely to win an Aug 30 election, said it would pick a lawmaker to be finance minister if it takes power, suggesting it is unlikely to tap someone from the private sector. The
      – Reuters  -  244 words

  • WORLD
    • 453 17 Bloomberg The US, France and Britain are struggling to restrict awards to bankers [PAßlS] France wants the Group of 20 (G-20) to go further in clamping down on banker pay, including a ban on guaranteed bonuses, French Finance Minister Christine Lagarde said yesterday.
      – Bloomberg; REUTERS  -  453 words
    • 563 17 -Reuters [CANBERRA] Australian laws to require 20 per cent of energy to come from renewable sources by 2020 are set to pass through Parliament by late Thursday after government talks with opposition lawmakers on the bill yesterday. The clean energy industry expects the
      -Reuters; AFP  -  563 words
    • 1111 17  -  GRETCHEN MORGENSON NYT COMMENTARY Firms make short-term incentive pay a bigger instead of smaller part of the compensation pie By WITH outsized and corrupting corporate pay packages under scrutiny, you might think that companies would be rushing to tamp down their compensation plans.
      NYT  -  1,111 words
    • 317 17 Reuters [DAR ES SALAAM] The world must remain on its guard against HINI influenza, which has been mild so far but could become more serious as the northern hemisphere heads into winter, the head of the World Health Organisation (WHO) said on Sunday. Margaret
      – Reuters; AFP  -  317 words

  • EDITORIAL & OPINION
    • 458 18 IN RECENT weeks, even some of the most pessimistic market watchers seem to have become less cynical about the notion that there could indeed be some green shoots sprouting here and there. This comes amid evidence suggesting that the worst financial crisis in recent
      458 words
    • 1221 18  -  LEON HADAR Obama has a tough job winning over many middle-aged-to-elderly white men and women I E FIRST witnessed the birth Obama "birther" story. You couldn't surf the Web or switch on cable television news channels without being bombarded with "reports" that Barack
      AFP  -  1,221 words
    • 757 18  -  ROBERT SAMUELSON THE BOTTOM LINE BEFORE we get too giddy about any US economic "recovery", we should remember that the preceding economic collapse was global. No recovery can succeed unless it, too, is global. Will that happen? The world can no
      757 words
    • 1495 19  - How does your market garden grow ARTHUR SIM Urban agriculture, such as roof-top farms and vertical planting, is a viable option for S'pore to maintain its food security SINGAPORE is famous for its luscious greenery, yet almost none of it is edible. Indeed, only about 5 per cent of the
      FILE PHOTO  -  1,495 words
    • 599 19  -  DAVID PAULY By START with two principles. 1) US taxpayers have every right to determine how executives of bailed-out banks and car companies should be paid. If 60 per cent ownership of General Motors Co doesn't give them clout, what does? 2) The
      599 words


  • AVIATION/SHIPPING
    • 474 20 Reuters Cathay's parent Swire Pacific adding 2% stake, raising holding to 41.97% [HONG KONG] Citic Pacific, reeling from nearly US$2 billion in foreign ex-change-related losses suffered last year, said it was selling the bulk of its holdings in Hong Kong's flagship
      – Reuters; BLOOMBERG  -  474 words
    • 255 20  -  ALEC ALMAZAN The ship will ply its lucrative Philippine domestic service By in Manila MCC Transport Philippines is bringing in another container vessel to ply its lucrative Philippine domestic service. The company, which is majority-owned by MCC Transport Singapore Pte Ltd, will
      255 words
    • 206 20 Bloomberg [TOKYO] Demand to haul commodities such as coal and iron ore at sea will strengthen and fleet growth slow, according to Nomura Holdings Inc. The Baltic Dry Index, a measure of commodity-shipping costs, has fallen 18 per cent in
      Bloomberg  -  206 words
    • 411 20 -LAT-WP [LOS ANGELES] The economy remains sluggish, but some airlines are expanding services and celebrating at 30,000 feet in the air. Virgin America, the two-year-old airline based in San Francisco, said last week that it will add non-stop flights from California to Fort LauderdaleHollywood International Airport
      -LAT-WP  -  411 words
    • TRANSPORT STOCKS
      • 101 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.50 0.27 1.20 0.62 1.46 0.57 0.05 ....unch 0.44
        101 words
      • 31 20 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 1.06 8.81 8.80 3.17 2.90 0.02 -0.08 -0.02 -0.05 -0.02 -0.05 -0.01 67 809 302 454 8 73
        31 words
      • 12 20 ■oo ■recious Ship Jegional Cont 16.20 9.10 -0.90 -0.20 3274 1730
        12 words
      • 11 20 '000 Doil iingamas Cont .41.40 ...1.31 -1.15 666 -0.11 *****
        11 words
      • 17 20 '000 Aboitiz Equity Intl Container Keppel Marine 7.30 19.25 unch -0.10 -1.25 unch 51 3146 0
        17 words
      • 21 20 Evergreen Marine ....21.00 :irst Steamship 39.90 ManHai Lines 17.75 r"ang Ming Marine...13.10 -0.25 -1.10 -0.30 unch 12 2 2 15
        21 words
      • 39 20 '000 (awasaki Hvy Ind ..253.00 -8.00 ***** (awasaki Kisen 381.00 -13.00 6731 Mitsubishi Hvy 375.00 -6.00 ***** i/litsuiEng&Sbldg...256.00 1.00 ***** l/litsui Osk Lines 586.00 -7.00 ***** Jippon Express 392.00 -10.00 3309 JipponYusen 403.00 -9.00 7220 'iource: Thomson Reuters
        39 words
    • 2636 20 AIRLINE CODES: AA-American Airlines (AAL) AF Air ,Fran« CA^A' Air. Jd'a (AIC), AY Finrairi^ (FIN) Airline- British Airways Public Ltd Co(BAW), BG: Biman Bangladesh Airline. v ,BOU), BR: EVA Airways Corpn (EVA), CA Air China (CCA) CB American International Airlines (CKS) CI es Ltd (CAL) CS
      2,636 words
  • Page 20 Miscellaneous
    • 242 20 CRYPTIC CROSSWORD ACROSS 25 Inclined to have trouble starting and finishing (7) 6 Shortly returned bearing rope 22 Urge that's mostly utter non--26 Bride worried about lines is (5) sense (5) lacking in refinement (3-4) ~l Worker's work time time 24 The way to a person's heart? 27 Event in
      242 words

  • SINGAPORE STOCKS
    • 8910 21 Transaction date: Aug 17 Hi! !-wks Tel Low Code Com| Sale Cooo) Hi: Low Bu] ?er Seller C'vr •k P/E Smil >an] 15.5 3 3148 8Telecom 8 2.5 5834 A-Sonic 28 12 5000 ABRHIdgs 12 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 84.5
      8,910 words
    • 1663 22 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld ('000) High Low Buyer Seller C'vr Net P/E M Cap $mil Company 19 5 1181 s AAGrp 26 12 8538 t APStrategic 4 05 1501 s Advanced System 7.5 2 3480 t Adventus 23.5
      1,663 words
    • 409 22 52-Wk Tel h Low Code Last Sale Vol COOP) Day ill Low Last Quote Buyer Seller Div GrYld Cvr Net MCap P/E Slllll Hii Col Hii 110 100 6389 ABFSG Bond ETF 109 805 427 CIMBAsean40 1OOUS$ US718 274 149 DBS STI ETF 100 259 3903 3534 DBXT
      409 words
    • 259 22 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
      259 words
    • 9251 22 UNIT TRUSTS FUNDS I UNIT TRUSTS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.965/ AIGIF S'pore Bond Fund/^- 1.301/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.04/ APS Alpha Fund (USD)!** 0.72/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5164/
      9,251 words
  • Page 21 Advertisements
    • 22 21 yJD DEFY TIME CONSTRAINTS Jf P I^SBbL, iUDEMARSPIGUET W?^S^ v MILLENARY COLLECTION For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com \J^ Biteter^V^v>-*^<J jt~*
      22 words


  • FINANCE & COMMODITIES
    • 355 23 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Aug14 World Index Preliminary 760.5 -1.0 12.2 -1.0 15.4 -1.1 15.1 EAFE Preliminai 732.2 -0.4 12.8 -0.4 18.2 -0.4 17.' Euro[ Prelim inan 1006.9 -0.8 10.5 -1.1 17.6 -1.2 17.3 Pacific 635.4
      355 words
    • 131 23 As at 9am Aug 17 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1870 1.2230 .an dollar 1.3050 1.3200 Euro 2.0380 2.0610 NZ dollar 0.9670 0.9890 iterlini ind 2.3700 2.3961 US dollar 1.4380 1.4540 Local dollars to 100 units of foreign
      131 words
    • 155 23 Aug 17 Xierniqht -month -months l-months Overnight mode: 1/8 JS$ 1/4 7/16 9/16 11/16 Offer 3/16 3/16 5/16 7/16 Bid 1 days I month I months months d months months I I. (All 0.35 0.39 0.50 0.60 0.80 1.40 1.50 Offer 0.25 0.29 0.30 0 40 0.60 1.00
      155 words
    • 27 23 Aug 17 ten ;ti aui 2567 2567 2530 ilMSCI Aui 312.9 313.2 302.2 'aiwan Aui 256.5 257.5 250.2 Source: MF Global (S) He. Ltd
      27 words
    • 22 23 Aug 17 SS Bid Offer 1-month 1.4480 1.4495 2-months 1.4482 1.4496 3-months 1.4483 1.4497 6-months 1.4484 1.4501 Source: OCBC
      22 words
    • 58 23 Aug 17 lelivery flonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position iep 09 2420 2461 2430 2371 768 3d 09 2390 2441 2418 2353 5356 tovO9 2371 2437 2397 2325 ***** )ecO9 2357 2425 2383 2425 2927 Total o/p: ***** contracts Turnover: *****
      58 words
    • 305 23 Aug 17 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO9 DecO9 Mar10 Jun10 99.5550 99.3850 99.1350 98.7450 7712 1831 3223 3362 EUROYEN TIBOR FUTURES SepO9 99.470 99.470 DecO9 Mar10 99.515 99.515 Jun10 Sep10 99.460 99.465 Dec10 Mar11 Jun11 99.460 99.515 99.460 99.465 99.480 99.475 99.460 99.410
      305 words
    • 182 23 Aug 17 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) iep 09 3d 09 MOV09 Dec 09 199.8 Ian 10 199.0 =eb 10 199.7 199.0 201.0 200.5 200.0 199.8 199.0 200.2 15 40 20 394 799 820 1028 551
      182 words
    • 87 23 Aug 17 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****Z 19.11.09 1-Year BY*****W 03.05.10 0.27 0.35 0.28 0.21 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NX*****W
      87 words
    • 100 23 Aug 14 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Aug 09 1100.00 1187.25 1175.50 1108.50 Sep 09 1024.50 1065.25 1072.25 1018.25 Nov09 981.50 1018.75 1031.00 978.75 Jan 10 988.00 1024.25 1032.50 985.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 09 37.18 37.54 37.72 37.16 Sep
      100 words
    • 75 23 CRUDE OIL PRODUCTS Aug 14 origin^ t/barrel Close Cham irent blend (1-Mth F) 72.00 -2.4: VTI (Near Mth) 67.49 -3.5. iubai (1-Mth F) 72.75 -0.3! "apis blend 79.60 0.5! i/linas 77.15 0.5! >RODUCT JS$/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene S9.67 80.20 0.41 1.11 US$/barrel )pec Oil Basket Price
      75 words
    • 464 23 Aug 17 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: lustralia 0.910 5.603 0.580 6.354 39.928 81.406 0.775 10.321 2.903 1.227 67.674 39.658 1.187 6.707 0.884 27.037 27.926 0.502 0.820 Canada 1.099 6.159 0.638 6.984
      464 words
    • 68 23 Aug 17 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) ...0.***** ....0.***** ....0.***** Imths ]ZZZZZZZZ".'.".W.***** 2mths 1.***** iWAP Mid rates (S$)
      68 words
    • 157 23 Aug 17 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1868 1.1882 0.8197 0.8199 Canadian dollar 1.3043 1.3062 0.9009 0.9013 Euro 2.0447 2.0470 1.4123 1.4125 NZ dollar 0.9667 0.9684 0.6677 0.6682 Sterling 2.3660 2.3690 1.6342 1.6347 US
      157 words
    • 140 23 GOLD (USS/oz) Aui 14 Aui J7 Hong Kong London 954.50 838.30 955.50 839.30 Aug 13 Aug 14 955.95 952.60 956.75 953.40 Source: Thomson Reuters CAST BAR (S$) Aug 17 Buying Sellini Kilobar "47,054.32" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz
      140 words
    • 69 23 Aug 14 ,luminium, 99.7% urity (US$/tonne) Close Previous Cash 1957.25 2027.25 3 months 1990.00 2060.00 Copper, Grade A (US$/tonne) Cash 3 months 6251.00 6245.00 6383.00 6381.00 Lead (US$/tonne) Cash 1834.50 3 months 1852.00 1917.50 1935.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 73 23 Aug 14 (£/tonne) Close Prev Hii ih/Low ,epO9 1785 1830 1836/1783 )ecO9 1812 1856 1862/1809 i/lar 10 1818 1862 1863/1816 i/lay 10 1816 1860 1860/1815 lOFFEE (US$/tonne) Close Pev High/Low iepO9 1393 1415 1410/1390 Mov09 1413 1436 1430/1410 Ian 10 1427 1449 1444/1427 SUGAR (US tonne) White Close Prev
      73 words
    • 2323 23 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 3.5 -0.5 279 >036AdvanceSCTLtdW*****9 0.5 )092 Asia Environment W*****4 0.5 S816#AsiasonsCapitalW*****7 6 unch 139 S756#AsiaticGrp(H)W*****2 5 H05#Asiatravel W*****7 12 >878 Aztech Systems W*****6 1 l912BakerTech W*****3
      2,323 words

  • Page 24 Advertisements
    • 2620 24 The Business Times Shipi ing Times Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE IfcllllMl C-lllliriAll Destination Destination uVGII u3llll[D3]| STXPO TBN RTM/ANR/TIL STXPO TBN NOL/NFK/SAV/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia idlllvlli I lIV VA Oil I™ U UdjJW Ull Ijjl MIDDLE-EAST SERVICE F.E./S.E.A SERVICE
      2,620 words

  • Page 25 Advertisements
    • 3982 25 F1 ffl IflTi EASTERN CAR LINER, LTD I |^3i^U4JULJU lV— _^—l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS [Mj^m! KMllMillllililM llllll'llVlllllllllH^H^H^LM I I inKKT) I Lillinq(KT) I MUA I SIN I PKL I )KT ICD I SURA I VOY 111 [ID DiSIINAMN PCL/PHL SERVICE AMX SERVICE Connecting ECL SERVICE
      3,982 words

  • PROPERTY
    • 1052 26 -IHT But critics label the recreation of Dashalar as Disneyfication [BEIJING] This is a city conspicuously unfriendly to pedestrians. Six-lane ring highways cut through old neighbourhoods, making places that are rather close as the crow flies very far apart if you walk, since
      -IHT; BLOOMBERG  -  1,052 words
    • 133 26 -AP [WASHINGTON] The lender holding the US$4O million note on the closed Watergate Hotel says that at least six potential buyers are interested in acquiring the landmark property. PB Capital took back the property after no one entered a bid during an auction last
      -AP  -  133 words
    • 242 26 -WP [WASHINGTON] Michelle Jonasson-Jones, a Silver Spring, Maryland-based property agent, cautions potential tenants about a rental scheme making the rounds online that has caught the attention of the FBI. Ms Jonasson-Jones said that she has had her listings for rental properties "stolen" and relisted under
      -WP  -  242 words
    • 458 27 Bloomberg Average cost falls 2.2% in Aug as banks ration mortgages on lack of funds [LONDON] UK home sellers lowered asking prices in August by the most in eight months as banks kept up the squeeze on credit, Rightmove pic said.
      – Bloomberg  -  458 words
    • 578 27 Reuters [LONDON] Hold the celebrations and put the champagne away. A sustained recovery in the UK commercial property market is likely more distant than it might seem, as lingering economic hazards threaten a long-awaited rebound. Figures recently from the world's largest property broker
      – Reuters; BLOOMBERG  -  578 words
    • 359 27 o Reuters [DUBAI] A downturn in Dubai's residential properties market appeared to be nearing a bottom in the second quarter as the rate of price declines eased and transaction volumes stabilised, a Jones Lang LaSalle researcher said. Dubai's once-booming property sector has
      — o – Reuters  -  359 words
    • 296 27  -  JAMIE LEE By [SINGAPORE] HSBC has offered a new home loan that pegs interest rate to the three-month Singapore Interbank Offered Rate (Sibor), plus a spread of one percentage point. The rate will be applied throughout the loan tenor and
      296 words
  • Page 26 Advertisements
    • 240 26 I (Ti i i^pf^li|^|[ Residential Development For Sale cassia view At Guillemard Road, next to Mountbatten Community Club jmCs' J Freehold,2o-storey apartment block with 72 units [Is] Total strata area: 89,361 sq ft (approx) •i'SK Land area: 35,51 Isq ft (approx), plot ratio 2.8 'Vfi"^ 1 Potential for redevelopment or
      240 words
    • 76 26 We Are The Property Arm Of A SGX-Listed Company With Diverse Interests In Retail, Property And Financial Businesses. We are looking for residential and/or commercial sites suitable for redevelopment, including vacant land, old houses, shophouses, enbloc properties, conservation houses and buildings. We are willing to offer reasonable prices for suitable
      76 words
    • 50 26 Leedon Pk ***** sq ft 4t- Beautiful Land for Rebuild ib| Can Sub-divide to two plots Q Beautiful Garden Wide Frontage, Flat Land •Greenery View jt| Easy Access to Holland Village i Good Feng Shui Il^|jjlpl Newsman Sole Marketing Agent CATS Recruit The-first step on your ladder to success 8
      50 words

  • Page 27 Advertisements
    • 293 27 PRIME RESIDENTIAL LAND OFF EAST COAST ROAD FOR SALE BY TENDER NAjv V V Attractive location near popular ___JS^Jv schools and amenities U3323fl r Potential for 5-storey apartment .Tanjong Katong S' s' Primary School, OevelOpmenT Primary schooi^^o^^ y"\ Freehold J wW^— Regular site Katong Mall n i-*n f^Nan Site area
      293 words
    • 108 27 I at Innovation Place i^hws>v Located at Mandai Estate \j& I^V Near Kranji and Yew Tee Ideal for office, showroom, warehouse production iSiiiw^- Good corporate image MHMBk **^^fc--Ground Floor t^^\S Convenience C^^ t1 \\\s Prime frontage facing j*^^^ sS**^-' -\lm i rT] Far East Organization Call *****681 /*****275 INSPIRING BETTER
      108 words

  • Page 28 Advertisements
    • 31 28 M V< B^BV Bm. I A C B^v Bk I Sr^ Hbh|^Kw^hlm> dtar^ £^BP«^BflBHB^B^BIBB^BiBB^Bl^BW^P.^B^BflBA V^^ fl^^* r J^A J^A J^A b Si S k/^^^^^^^^B L^La 4 y P&m* A ■^^B^BjßP^^^ I
      31 words