The Business Times, 20 August 2009
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2009-08-20
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The Business Times
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Title Section20 2009-08-20 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, August 20,200920 words
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Article, Illustration834 2009-08-20 1 KALPANA RASHIWALA - KALPANA RASHIWALA Commercial DC rates may dip while rates for landed homes may go up in some areas By [SINGAPORE] With revisions to development charges (DC) due on Sept 1, some property pundits say that the Chief Valuer (CV) may have a challengeALPHONSUS CHERN/THE STRAITS TIMES; Jones Lang LaSalle - 834 words
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613 2009-08-20 1 LYNETTE KHOO - LYNETTE KHOO Review by Acra points to lack of 'scepticism'; smaller outfits struggling By [SINGAPORE] Auditors of public interest companies lack "professional scepticism" while experienced audit partners often take a hands-off approach. Meanwhile, the smaller accounting outfits struggle to maintain audit quality because of their613 words
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MARKETS DIGEST
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Article47 2009-08-20 1 Inesi lay lange 1 COMP 1,155.53 -8.88 IIKKEI225 10,204.00 -80.96 1ANG SENG 19,954.23 -352.04 ;et index 631.28 -8.97 JAKARTA COMP 2,277.75 -59.24 1ANILA COMP 2,760.89 +29.34 ;eoulcomp 1,545.96 -4.28 ;henzhenb 475.17 -16.22 IUMBAI IND 14,809.64 -225.62 12 noon EDT Cham )OW 9,269.11 +51.17 IASDAI 1,961.17 +5.2547 words
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Article29 2009-08-20 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.760 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.51 INDIA 11.75 Source:Bloomberg - 29 words
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Article42 2009-08-20 1 IS$ (S$ per US$) 1.453 (US$/S$ per 1.644 2.388 :URO (US$/S$/E) 1.409 2.046 Foreign currency per US$ S$ 'EN 94.20 64.90 3.546 2.441 IK$ 7.752 5.337 !AHT 34.05 23.44 lUPIAH 10,025 6,901 lENMINBI 6.835 4.705 INDIAN RUPEE 48.89 33.66 1.220 0.84042 words
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Page 1 Advertisements
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Advertisement68 2009-08-20 1 8 *****1 *****4 More than 250 years of continuous history V P/ z- MM j H (f f h |fl N^fe^l4L VACHERON CONSTANTIN Manufacture Horlogere. Geneve, depuis 1755. Authorised Retailers Singapore: Cortina Watch Sincere Fine Watches Malaysia: Cortina Watch Sincere Fine Watches Indonesia: The Time Place Thailand: Pendulum Philippines: Rustan68 words
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Page 1 Miscellaneous
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Miscellaneous44 2009-08-20 1 PROPERTY t AVIATION BT ROUNDTABLE BIZIT Developers show strong g£%*^fc^rl Jetstar Asia to expand Equities: what's on EAM applications interest in mass market site "3^ -*f w Spore fleet the horizon market set to dip .T^lk PAGE 2 PAGE 16 PAGE 10 PAGE 2544 words
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TOP STORIES
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497 2009-08-20 2 UMA SHANKARI - UMA SHANKARI Hong Leong puts in top bid of $280 psf ppr for the plot in Pasir Panjang By [SINGAPORE] An impressive 13 bids were received for a residential site at Chestnut Avenue in Bukit Panjang at the close of the tender yesterday, reflecting497 words
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Article, Illustration632 2009-08-20 2 -Bloomberg, Reuters [WASHINGTON] The global economy is beginning to recover from the worst recession since World War 11, one that has left "deep scars" likely to affect consumers and businesses for years, said Olivier Blanchard, the chief economist of the International Monetary Fund (IMF).-Bloomberg, Reuters; BLOOMBERG - 632 words
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THREE-MINUTE DIGEST
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44 2009-08-20 2 WITH revisions to development charges due on Sept 1, some property pundits say that the Chief Valuer may have a challenge on her hands, given the shift in the direction of the residential property market. FRONT PAGE44 words
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62 2009-08-20 2 AUDITORS of public interest companies lack "professional scepticism" while experienced audit partners often take a hands-off approach. Meanwhile, the smaller accounting outfits struggle to maintain audit quality because of their high volume-low fee model. This dismal snapshot of the public accounting landscape emerged in the62 words
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49 2009-08-20 2 AN impressive 13 bids were received for a residential site at Chestnut Avenue in Bukit Panjang at the close of the tender yesterday, reflecting the renewed interest and the growing positive outlook among developers for mass market residential projects. TOP STORIES, PAGE 249 words
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43 2009-08-20 2 CONSUMER confidence in Singapore is climbing out of a deep slump. The Asian Consumer Confidence Index by Insight Asia shows Singapore's index increased from 62 in the first quarter ofthisyearto 88 in Q2. TOP STORIES, PAGE 443 words
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52 2009-08-20 2 SINGAPORE Petroleum Company now a subsidiary of PetroChina has suspended its hunt for two top honchos to head its oil and gas exploration and production operations pending the completion of a mandatory general offer by the Chinese oil giant tomorrow. COMPANY NEWS,52 words
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58 2009-08-20 2 ASL Marine Holdings posted yesterday a sharply reduced quarterly net profit due to an impairment loss on vessels. The marine services company registered a 58.7 per cent fall in net profit for its fourth quarter ended June 30 to $7.49 million, from $18.158 words
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57 2009-08-20 2 MORE than three quarters of the shops at the Marina Bay Sands integrated resort have been let, the resort's management said yesterday. The US$4.5 billion resort, set to open next year, has about 300 shops and 800,000-plus square feet of retail57 words
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354 2009-08-20 2 TEH SHI NING - TEH SHI NING By [SINGAPORE] The United States' trade surplus with Singapore of $2.97 billion for the first six months of 2009 was less than half the $7.32 billion registered in the same period last year. The latest figures till the month of June,354 words
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676 2009-08-20 2 LEE U- WEN - LEE U-WEN By [SINGAPORE] The Republic's Constitution was crafted in such a way that it spells out the government's duty to treat Malays and other minority races here "with extra care", Minister Mentor Lee Kuan Yew said yesterday. Treating676 words
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583 2009-08-20 4 LEE U- WEN - Apec summit in Nov to 'take stock reflect' LEE U-WEN Organiser says it's time to look beyond crisis and find out what's next By [SINGAPORE] When they last gathered in Peru nine months ago, the world was still trying to come to grips with the scale of an economic crisis583 words
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Article, Illustration669 2009-08-20 4 MAARTEN KALLENBERG - MAARTEN KALLENBERG CONFIDENCE SURVEY By [SINGAPORE] Consumer confidence in Singapore is climbing out of a deep slump. The Asian Consumer Confidence Index by Insight Asia shows Singapore's index increased from 62 in the first quarter of this year to 88 in Q2. The index: InssightAsia - 669 words
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423 2009-08-20 4 -AP [WASHINGTON] Swiss banking giant ÜBS AG agreed yesterday to turn over to the IRS the details of 4,450 accounts suspected of holding undeclared assets by American customers, ending an intense trans-Atlan-tic legal fight. IRS commissioner Doug Shulman said the accounts held-AP - 423 words
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Advertisement200 2009-08-20 2 RALLY REACTION gSXand fm *&f, £>OCBCBank >■ Prime Minister Lee Hsien I have worked in a lot of different went into the redevelopment of jL Hk Loong was on the mark in his places and you just do not find Marina Bay. We feel lucky to be jsif National Day200 words
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Advertisement403 2009-08-20 3 i I 1• H m „■_,,,.-^fl J| 1 X T Ml YOU WSint tO We've made personalised wealth solutions a priority. We all have different priorities. If securing your financial future is your n >^ i^-N-r- priority, we'll introduce you to personalised wealth solutions tailored v )v3/ |v \Z)\ t0403 words
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Advertisement81 2009-08-20 4 to Our Senior Director Mr M. Rajaram v Immediate Past Chairman of a. the Singapore Indian Chamber hJ of Commerce and Industry I\L m on his conferment of the £k 4 Pingat Bakti Masyarakat I J9 (Public Service Medal) 1 Management and Staff of STRAITS LAW Advocates a Solicitors STRAITS81 words
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Advertisement450 2009-08-20 4 IN THE MATTER OF THE COA/imNIESACTCAP. 50 AND INTHEAAATTEROF SOUTH ASIA INDUSTRIES FTE. LTD. (IN MEMBERS'VOLUNTARY LIQUIDATION) At on Extraordinary General Meeting of the members of Hie above named Company duly convened and held at 160 Payar Lebor Road #02-03 Orion Industrial Building Singapore *****2 on 12th August 2009 at450 words
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Advertisement36 2009-08-20 4 I A^ Insight Asia Rcscarci i Group fiinjLiport! M.'jl.iy&iii Th.ii l.md Indonesia China IpLAYck Always play with care. Towards Community W^^^k Iresponglblyf Do not bet illegally. Purpose and Benefit m RCBRegNo:I96BOO2O2G f^Hfl ■Kzvi-1 m jn Ei36 words
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COMPANY NEWS
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Article, Illustration463 2009-08-20 5 RONNIE LIM - RONNIE LIM Move pending completion of mandatory general offer by PetroChina By SINGAPORE Petroleum Company now a subsidiary of PetroChina has suspended its hunt for two top honchos to head its oil and gas exploration and production (E&P) operations pending the completionBLOOMBERG FILE PHOTO - 463 words
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563 2009-08-20 5 VINCENT WEE - VINCENT WEE THE difference between distributable income and distribution per unit (DPU) became sharply obvious to investors when Rickmers Maritime Trust (RMT) became the last of the three SGX-listed shipping trusts to release second-quarter results at the end of last week. RMT said back in563 words
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582 2009-08-20 7 LYNETTE KHOO - LYNETTE KHOO Independence, deadline-heeding and communication top criteria: survey By AUDIT committees tend to seek auditors who are independent from management, able to meet deadlines, and who communicate openly on audit issues. Communication was a recurring theme that emerged in a582 words
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Article, Illustration489 2009-08-20 7 CORPORATE FOCUS TMC head invites new students to his home for a personal orientation, reports LEE U-WEN WHENEVER new students enrol at TMC Education Corp, one of the first things that they do is head for the principal's home for a meal. For the past few intakes,TMC - 489 words
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455 2009-08-20 8 JAMIE LEE - JAMIE LEE Group hit by $3.2 m impairment loss on vessels; revenue falls 11% to $102 m By ASL Marine Holdings posted yesterday a sharply reduced quarterly net profit due to an impairment loss on vessels. The marine services company registered a 58.7455 words
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Article, Illustration262 2009-08-20 8 JBIC will provide debt or equity funding for Hyflux WATER treatment company Hyflux yesterday signed a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC) to work together on projects worldwide. Under the MOU, JBIC will provide debt or262 words
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328 2009-08-20 8 Bloomberg [SINGAPORE] APS Asia-Pa-cific Hedge Fund, the best performer among 108 Asian long-short equity funds in the past 12 months, has invested half its portfolio in convertible bonds to limit potential losses from a slump in stocks. "We think ourBloomberg - 328 words
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COMPANY BRIEFS
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140 2009-08-20 8 SINO Construction has announced an indefinite delay on two China contracts worth 524.7 million yuan (*****.4 million). They are for the construction of the Daqing City Dong An Market and interior works The entire project was originally set for completion in August 2009, but140 words
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66 2009-08-20 8 DRAGON Group International has announced the resignation of Alex Onn Sin Ching as executive director. Mr Onn, who has been with the group 20 years, will remain an executive officer and help manage Dragon's business affairs in Greater China. The company has named Timothy66 words
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64 2009-08-20 8 NEL Group's former independent director Lee Chee Kheng resigned because he could not devote sufficient time to discharging his duties, NEL has said. Mr Lee planned to resign after getting a special audit report but was unable to get the report "within the planned64 words
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34 2009-08-20 8 ASIAN Micro Holdings said that it is not aware if any concerns over the company's financial reporting had led the group financial controller, Leow Wei Chieh, to resign.34 words
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Advertisement159 2009-08-20 5 Bangkok's rarest property. Luxurious, elusive, yours. Saladaeng Residences promises to redefine living with location, elegance and understated distinction. The sheer luxury of a personalised valet greeting your arrival. The creation of your haven with natural stone and teak floors, extra high ceilings and Eco-id designed fittings, Bticino intelligent lighting and159 words
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SINGAPORE MARKETS
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Article, Illustration586 2009-08-20 6 YEN SREENIVASAN - YEN SREENIVASAN STOCKS The benchmark index slid 44.94 points to 2,522.78 as blue chips fell during the session ASELLDOWN in Shanghai and weakness in the Hong Kong market dampened sentiment here, sending the Straits Times Index (STI) to its lowest levels inBloomberg - 586 words
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Article93 2009-08-20 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 1 12 2 0 0 0 1 12 2 lanufacturing 40 81 59 12 46 85 71 Commerce 13 30 20 15 35 27 'pt/Stor/Comms 25 25 :inance 14 14 Construction 15 18 'roperties 30 3093 words
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Article116 2009-08-20 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 14,005 14,005 50,279 50,279 lanufacturing 388,592 43,513 432,105 219,571 5,978 225,549 lommerce 211,655 49,023 260,678 87,923 17,887 105,810 'pt/Stor/Comms 233,684 3,324 237,008 240,444 681 241,125 :i nance 31,297 23 31,320 249,287 249,289 lonstruction 173,697 6,750 180,447 60,824 159 60,982116 words
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Article102 2009-08-20 6 lapitaLand 3.560 -0.070 Noble Grp 1.980 -0.050 lapitaMall 1.500 OCBCBk 7.680 -0.090 JtyDev 9.670 -0.020 Olam 2.440 -0.060 lomfortDelGrc 1.500 -0.040 SGX 8.250 -0.210 losco Corp 1.170 -0.050 SIA 12.720 +0.080 IBS Grp 12.580 -0.100 SIAEngg 2.650 -0.010 :&N 3.900 -0.030 SMP.T 1.690 -0.020 ienting SP102 words
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Article988 2009-08-20 6 LYNETTE KHOO - LYNETTE KHOO First Resources Aug 19 close: $0.98 DMG PARTNERS SECURITIES, Aug 19 WE are positive on First Resources' (FR) outlook, as we believe that strong organic growth will continue with its average age of trees falling within peak production age. In addition, its low cost of production988 words
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Article, Illustration303 2009-08-20 6 -AFP CURRENCIES [TOKYO] The US dollar edged down against the yen in Asian trade yesterday with the market closely watching Chinese share prices following their recent volatility, dealers said. The US dollar fell to 94.46 yen in Tokyo afternoon trade from 94.70 in New-AFP; REUTERS - 303 words
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Article53 2009-08-20 6 CLOSE IT OB/OS -229.00 +9.0C IT CADI -*****.00-153.0i IT 10-day MA -*****.00 -23.0' TSE ST Mid Cap 575.93 -8.0! TSE ST Small Cap 504.44 -7.3' TSE ST All Share 618.99 -10.5 TSE ST China Top 261.58 -7.9: TSE ST China 259.54 -6.7 TSE ST Catalist 1382.70 -4.4i53 words
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Article54 2009-08-20 6 VOLUME MDR 296,267,000 Gentinq SP 152,153,000 Golden Aqri 130,811,000 Seroja 122,501,000 BanJoo 87,359,000 BanJooWlll222 56,971,000 Abterra 55,340,000 Rowsley 50,743,000 Lian Benq 45,564,000 MAP Tech 43,491,000 VALUE(S) Gentinq SP 138,086,920 DBS Grp 94,816,420 StraitsAsia 84,518,560 UOB 69,176,480 Seroja 67,140,645 CapitaLand 63,639,420 Golden Aqri 61,925,385 Wilmar 52,210,730 SingTel 49,755,94054 words
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Article101 2009-08-20 6 10US$ CLOSE UP 2416 120.5 3.6 iBXT MSAsExJi iBXT FTVietnam 10US$ 5113 119.1 1.' iBXT S&P Short 10US$ 6300 43.6 0. >sia Pac Brew 1200 38.0 3. IQB 5.05%NCPS 100 ***** 32.0 0. ilA@.ES.O9O8 1272 28.0 2. 'etra 88 16.0 22., lain 660 14.5 1. ieroi 58 13.0 28.101 words
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Article106 2009-08-20 6 CLOSE DOWN 2762-200.3 -4.8 IMH ISH 1526-151.0 -6.4 iBXT Ni 10US$ 8998-116.1 -0.! LD 10US$ 9188 -52.3 -0.4 IOB 1612 -42.0 -2.5 fxor Emen [in; |Mkts 1 833 -31.9 -2.i China H 10US$ 1460 -27.6 -1.: LatinAmerica 1 669 -27.6 -2.! ISMSCI India 100 542 -24.7 -3.0 ;gx 825106 words
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Article84 2009-08-20 6 Where S$ stands Aug19 %CHNG CLOSE FRAug18 YR2009 S$ LOW S$ HIGH USS 1.4485 0.18 1.5579 1.4308 Euro 2.0469 -0.24 2.0732 1.9150 Pounds 2.3978 -1.15 2.4366 2.0356 AS 1.1969 -0.51 1.2171 0.9453 Yen* 1.5296 0.41 1.7278 1.4831 Rill liah* 0.***** 1.18 0.***** 0.***** Baht* 4.2553 0.12 4.3390 4.1040 Peso*84 words
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Advertisement1289 2009-08-20 7 V<27 rT/A^FTinrr Tollfree:1800-289-8822 W IVI I I k( V Email: notices@sph.com.sg J_ V^>/ J_ J_ V_> 1> kj www.cats.com.sg Ofj jj* 3. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the State Bank Of India auc''t1,289 words
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Advertisement146 2009-08-20 7 One of the largest singular irrigation developments in nori«b™k7 Australia an iconic rural holding 93,329 hectares, including 22,256 ha developed irrigation WSIBm area and potential to further develop an additional 11,000 ha au sSa Properties for sale include Cubbie Station, Dirranbandi and s j™^ The Anchorage and Aspen, St. George146 words
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Advertisement38 2009-08-20 8 JPl^4~i\ PARAGON Sport Check at Adidas Asics Crumpler Fitness First Kettler Motion Sports Nike Pan West j Rip Curl StarThreeSixty The Planet Traveller World of Golf World of Sports 290 Orchard Road Singapore *****9 Tel: 6733 1900 www.paragon.corr^sg^^Jja..38 words
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SINGAPORE NEWS
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Article, Illustration355 2009-08-20 9 UMA SHANKARI - UMA SHANKARI Chanel the first tenant announced will open two-floor, 7,600-sq-ft boutique By MORE than three quarters of the shops at the Marina Bay Sands (MBS) integrated resort have been let, the resort's management said yesterday. The US$4.5 billion resort, setFILE PHOTO - 355 words
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309 2009-08-20 9 NISHA RAMCHANDANI - NISHA RAMCHANDANI By THE Singapore Tourism Board (STB) has rolled out an initiative that will offer business travellers val-ue-for-money deals. Until Dec 31, the City Advantage tag under STB's "2009 reasons to meet in Singapore" campaign will be distributed to business travellers and309 words
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359 2009-08-20 9 CHEN HUIFEN - CHEN HUIFEN Firms are even hiring and see rise in revenue: consultancy By HIRING trends in the fastmoving consumer goods (FMCG) sector seem to suggest the industry is less affected by the recession than others. Experienced professionals with FMCG experience are still very359 words
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Article, Illustration305 2009-08-20 9 CHEN HUIFEN - CHEN HUIFEN By THREE senior lawyers here, including Rajah Tann managing partner Senior Counsel Steven Chong, have been appointed judicial commissioners of the Supreme Court, the Prime Minister's Office announced yesterday. Mr Chong, who has spent more than 20 years with Rajah Tann, will305 words
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194 2009-08-20 9 JAMIE LEE - JAMIE LEE By PREMIUMS for certificates of entitlement (COEs) closed lower yesterday in all categories other than small cars. The premium for cars up to 1,600 cc was up almost 10 per cent to $15,019 from $13,658. For cars above 1,600 cc, the194 words
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202 2009-08-20 9 THIS year's Singapore Gifts Stationery Show has attracted many regional participants, with visitor and exhibitor numbers five times higher than when the event started in 2006. Last year's show reaped $1.9 million in sales, and organisers expect $2.3 million this year despite the202 words
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Article, Illustration906 2009-08-20 9 FotoHub has gone from photo printing to providing digital imaging services such as B2C online printing, report GOH CHENG KANG, LAY SHI WEI, KATIE PHON YUE Nl and TAY WEI PING FOTOHUB, a digital imaging service provider, once made such a strategic blunder that it nearlyJOHN HENG I - 906 words
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Advertisement66 2009-08-20 9 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. FotoHub Holdings was among the E5O winners in 2008. The annual E5O ranking is co-organised by The Business Times and66 words
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BT ROUNDTABLE
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Article, Illustration3008 2009-08-20 10 OVERVIEW STOCK prices around the world recently hit their highest levels for this year, buoyed by a wave of optimism about prospects for a global economic recovery only to fall back to a three-month low this week on fresh doubts about the sustainability of that3,008 words
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ECONOMY WATCH
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Article, Illustration554 2009-08-20 11 Bloomberg With govt spending at 185% of receipts, changes in outlay, taxes will be needed [SINGAPORE] The US must address the massive amounts of "monetary medicine" that have been pumped into the financial system and now pose threats to the world's largest– Bloomberg; BLOOMBERG - 554 words
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667 2009-08-20 11 -AFP [SINGAPORE] Asia is outpacing the United States and Europe in the rebound from the global economic slump, thanks to multi-bil-lion dollar stimulus packages and robust demand from China, analysts said. Second-quarter indicators showed the region's re-cession-hit economies such as Singapore and Hong Kong-AFP - 667 words
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303 2009-08-20 11 Reuters [LONDON] Bank of England (BoE) governor Mervyn King and two other Monetary Policy Committee (MPC) members wanted to raise Britain's quantitative easing (QE) programme by £75 billion (Ssl77 billion) this month but were outvoted by their six colleagues. The 6-3 splitReuters - 303 words
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811 2009-08-20 11 Reuters Conditions that propelled stocks this year are still in place [LONDON] Financial markets keep giving investors a scare usually beginning with a tumble in Chinese shares which then ripple across other assets elsewhere. It is all about whether the sharp– Reuters - 811 words
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Article, Illustration374 2009-08-20 11 Bloomberg [SINGAPORE] Vietnam's credit growth may spur inflationary pressures as the government encourages lending to boost the economy amid a slump in overseas demand, Morgan Stanley said. Property prices in some projects have increased as much as 30 per cent in Vietnam and new■ Bloomberg; AFP - 374 words
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445 2009-08-20 11 Reuters [LONDON] Signs of life are returning to recruitment at Britain's bruised investment banks, with new job openings at a peak for the year and hiring expected to continue after the summer lull. There were twice as many job listings across London's financial– Reuters - 445 words
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MALAYSIA/INDONESIA
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Article540 2009-08-20 12 S JAYASANKARAN - S JAYASANKARAN But prospect of bridge linking Malacca, Sumatra still doubtful By in Kuala Lumpur A 14-year old plan to build a US$l2.5 billion, 49 kilometre bridge between Malacca and Sumatra has been dusted off and resubmitted to both governments by a private Malaysian540 words
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Article, Illustration290 2009-08-20 12 Xinhua [KUALA LUMPUR] Malaysia will not need a third stimulus package to boost its economy, a Malaysian official said on Tuesday. The government believes economic growth will contract 4-5 per cent in 2009, as forecast earlier this year, said Malaysian Second Finance– Xinhua; AFP - 290 words
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229 2009-08-20 12 Bloomberg [SINGAPORE] Malaysia's consumer prices fell for a second straight month in July as commodity costs eased from last year's records, giving the central bank room to keep interest rates low to spur an economic recovery. Consumer prices slid 2.4 per cent from– Bloomberg - 229 words
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362 2009-08-20 12 AP [KUALA LUMPUR] Chi-na-based shoe sole maker Multi Sports Holdings Ltd began trading yesterday on Malaysia's stock exchange, becoming the second foreign company to list here. It was a shot in the arm for the Malaysian bourse, which recently simplified and sped upAP - 362 words
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Article, Illustration399 2009-08-20 12 Reuters [JAKARTA] The youngest son of former Indonesian president Suharto plans to run for the top post in Golkar, the third-biggest party in the next Parliament, Antara news agency reported on Tuesday. Hutomo "Tommy" Mandala Putra, 47, was released from jail in 2006■ Reuters; BLOOMBERG FILE PHOTO - 399 words
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Advertisement91 2009-08-20 12 qT tabla! |BBH t^ffl T^S^l THE HEARTBEAT OF THE INDIAN COMMUNITY W"l IL^ U imP iTl' KlL^i The Orchard >W w Road Indian J k New arrivals from India P r snooty or savvy? iaits times. fc v < ft^F THE BUSINESS TMES [«[^i Meet •—-s a J^sg^|** 9 WAI91 words
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GREATER CHINA/INDIA
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Article, Illustration397 2009-08-20 13 AFP Crisis in educational sector could also destroy key export earner: think tank [MELBOURNE] Attacks on overseas students and dodgy education providers risk "poisoning" international attitudes to Australia and souring relations with China and India, a major think tank said yesterday. The crisis facingAFP - 397 words
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450 2009-08-20 13 Reuters [BANGALORE] A potential sale of India-based back-of-fice firm WNS Holdings could trigger consolidation in the business process outsourcing (BPO) sector as IT services firms, knocked back by the global financial crisis, look to bolster their presence in the growing BPO market. According– Reuters - 450 words
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417 2009-08-20 13 AP [BEIJING] China's ruling Communist Party has told local officials to meet every month with people upset with what they see as local injustices in a bid to stop them from travelling to Beijing to petition the central government. It is the first timeAP - 417 words
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735 2009-08-20 13 -Reuters [BEIJING] China might be the world's biggest generator of carbon credits, but its sclerotic financial sector is still holding the market back, the head of the country's pioneering CO2 exchange said. Carbon offsets are a brand-new commodity and China's clean energy sector has-Reuters - 735 words
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240 2009-08-20 13 Reuters [NEW DELHI] India's Essar Oil Ltd has submitted bids for three refineries run by Royal Dutch Shell pic, including Britain's second-biggest refinery, sources close to the matter said on Tuesday. The offers for Shell's Stanlow UK refinery and two German sites comes– Reuters - 240 words
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Advertisement6 2009-08-20 13 H^S BBS^ffi **********S ijttmM*- V J6 words
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ASIA-PACIFIC/WORLD
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468 2009-08-20 14 ANTHONY ROWLEY - Recession takes toll on JapanChina trade ANTHONY ROWLEY By in Tokyo TRADE between Japan and China is set to record its first decline in 11 years during 2009 owing to the global economic recession, the Japan External Trade Organisation (Jetro) announced yesterday. The decline is due to the simultaneous economic468 words
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662 2009-08-20 14 Reuters Companies begin hiring again to meet an increase in orders from clients [BANGKOK] Asian electronics makers are forecasting a turnaround in the second half of this year, citing a pick-up in global demand. Several companies say the worst is overReuters - 662 words
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329 2009-08-20 14 NYT Maulvi Omar was caught by local tribesmen, turned over to security forces [PESHAWAR, Pakistan] Pakistan has captured the chief spokesman of the Pakistani Taleban, security officials said on Tuesday, dealing another blow to the militant network two weeks after its top commander was apparentlyNYT - 329 words
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Article, Illustration537 2009-08-20 14 Reuters [BEIJING] Yang Yong-eun's trailblazing major championship triumph the first for an Asian man has been universally welcomed by golf bodies around the region as a boost to the growth of the game and a spur to other players. Most agree that■ Reuters; REUTERS - 537 words
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Article, Illustration303 2009-08-20 14 AFP [LONDON] Britain's Fat Duck restaurant, one of the world's finest eateries, was awarded full marks by Britain's top food guide yesterday, six months after having to shut for two weeks due to a food scare. The Michelin threestarred restaurant inAFP; AP - 303 words
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350 2009-08-20 14 Reuters [FRANKFURT] Qatar paid Porsche hardly more than half the current market price for shares of Volkswagen (VW) in a multi-billion euro deal announced last week, a German magazine said, sending VW ordinary shares lower. Manager Magazin cited sources close to■ Reuters - 350 words
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Advertisement640 2009-08-20 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [Section 290(2)(b)] AND HUIKSiTED THECOMPANIESACT.CAP.SO nM(Co^^eS qn USo tiOn) AIRFAST P SX ND GAPOREI 1 Qflnn?9ftdF^ rravM i c ljmi i cv *****2284E) (UEN: *****0952R) NOTICE OF RESOLUTIONS n Members' Voluntary Liquidation) sithe o^o7,h Gr a^s *r«™g °< company duly convened640 words
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Advertisement177 2009-08-20 14 W^VCT [SATS g^NOTICES In the Matter of The Companies Act (Cap. 50) And In the Matter of OCCIDENT VENTURE PTE. LTD. (In Members' Voluntary Liquidation) (Co. Reg. No. *****6157G) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act (Cap. 50) the Final177 words
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WORLD
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Article, Illustration703 2009-08-20 15 Reuters Consultants say they are not effectively motivating staff for longer-term benefit [NEW YORK] Banks are lowering bonuses to defuse popular outrage, but by curtailing employee incentives, compensation experts say the banks and the US government are failing to fix practices– Reuters; AFP - 703 words
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Article, Illustration529 2009-08-20 15 -AP [WASHINGTON] Political columnist Robert Novak, a conservative, pugilistic debater who was proud to be called "Prince of Darkness" because of his dour demeanour, died after a struggle with brain cancer that was diagnosed 13 months ago. He was 78. Novak's wife of 47 years,-AP; REUTERS - 529 words
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609 2009-08-20 15 NYT US senator wants to end practice that skews patient care [NEW YORK] A growing body of evidence suggests that doctors at some of America's top medical schools have been attaching their names and lending their reputations to scientific papers that were drafted by ghostwriters workingNYT - 609 words
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287 2009-08-20 15 Bloomberg [LONDON] Sovereign wealth funds (SWFs) are seeking safer investments after facing "vehement" domestic criticism over losses linked to the credit crisis and a plunge in oil prices, analysts at State Street Corp said. "Criticism by the national media for their high-profile■ Bloomberg - 287 words
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619 2009-08-20 15 Reuters [NEW YORK] Credit card loan defaults, which have risen sharply in recent months and which many analysts feared could rival mortgages as a headache for banks, could peak sooner than widely expected. Guarded optimism that the worst would soon pass– Reuters - 619 words
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AVIATION
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Article, Illustration474 2009-08-20 16 YEN SREENIVASAN - YEN SREENIVASAN It'll also launch new routes to China and India, restart Phuket flights in December By LOW-COST carrier Jetstar Asia, which is controlled by Qantas, is boosting its fleet and operations at Changi. The airline said yesterday it will add three Airbus474 words
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Article, Illustration354 2009-08-20 16 -AP [ADELAIDE] Australian national airline Qantas Airways Ltd announced yesterday a programme to cut costs by Asl.s billion (551.79 billion) over the next three years after recording an 88 per cent drop in annual profit. Despite the hefty decrease, chief executive Alan Joyce-AP; REUTERS - 354 words
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239 2009-08-20 16 AFP [KUALA LUMPUR] Long-haul budget airline Air Asia X will launch five weekly flights to Abu Dhabi in November, marking its first foray into the oil-rich Middle East region, a top official said yesterday. Air Asia X's chief executive officer Azran Osman-RaniAFP - 239 words
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Article2695 2009-08-20 16 AIRLINE CODES: AA American Airlines (AAL), AF A =ranee (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh A nes (BBC), Bl Rcyal Brurrt Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU),2,695 words
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243 2009-08-20 16 Reuters [ZHUKOVSKY, Russia] Russia's first civilian passenger plane since the fall of the Soviet Union should be delivered to customers by the end of the year, the chief of planemaker Sukhoi said yesterday. General director Mikhail Pogosyan said he also expected to have 150 firm– Reuters - 243 words
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217 2009-08-20 16 Reuters [ZHUKOVSKY, Russia] Russia's new state-run airline has solicited offers from Boeing and Airbus for the 65 narrow-body planes it plans to buy in the next few years, its main shareholder said yesterday. Russian Airlines, known locally as Rosavia, will alsoReuters - 217 words
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Page 16 Miscellaneous
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Miscellaneous218 2009-08-20 16 CRYPTIC CROSSWORD drink (8) 6 What is the dentist doing? 22 Pleaded but not initially en--23 Opening in modern sur- Exercising (8) couraged (5) gery (7) 7 name officer jn most cases 24 Lamb, priest starting acade--25 Travelling considerable dis- ~-,> my (4) tance to large working farm (4 5)218 words
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SHIPPING
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629 2009-08-20 17 Reuters Majority of sea freight market users say they support the trading screen [LONDON] A majority of sea freight market users support the Baltic Exchange's move to set up a central trading screen for forward freight agreements (FFAs), a survey canvassed among industry■ Reuters - 629 words
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485 2009-08-20 17 Reuters [DUBAI] Qatar Shipping Co (Qship), which is merging with Qatar Navigation, plans to take advantage of falling prices in the maritime sector to buy ships and companies over the next 18 months. Chief executive XX Kothari also told Reuters yesterday that– Reuters - 485 words
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Article, Illustration499 2009-08-20 17 Reuters [KUALA LUMPUR] A tanker with 58,000 tonnes of naphtha that was involved in a collision with a cargo ship in the Strait of Malacca was still on fire yesterday afternoon, although the risk of a spill was small, Malaysian officials said. The collision– Reuters; REUTERS - 499 words
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TRANSPORT STOCKS
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Article102 2009-08-20 17 '000 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 0.50 0.27 1.17 0.62 1.47 0.57 0.05 ....unch102 words
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Article37 2009-08-20 17 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brid PDZ Holdings 1.02 8.80 8.80 3.12 2.90 0.02 0.09 -0.03 -0.01 unch -0.01 -0.16 unch unch 130 601 169 99 8 30 119437 words
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Article22 2009-08-20 17 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.20 19.75 unch unch unch 0.50 unch unch 17 1141 0 022 words
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Article16 2009-08-20 17 Evergreen Marine ....21.00 :irst Steamship 39.10 ManHai Lines 17.00 unch 0.10 -0.45 8 1 416 words
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Article38 2009-08-20 17 '000 :awasaki Hvy Ind ..250.00 -4.00 ***** :awasaki Kisen 376.00 -9.00 5731 /litsubishi Hvy 368.00 -4.00 ***** /litsui Eng&Sbldg ..254.00 -2.00 640: /litsui Osk Lines 568.00 -13.00 ***** Jippon Express 379.00 -9.00 512( lipponYusen 396.00 -6.00 557i38 words
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Article227 2009-08-20 17 Bernama Vessel is on maiden voyage to naval base in Sabah [COCHIN] Malaysia's first submarine, on its maiden voyage to the naval base in Sepanggar Bay, Sabah, made a port call at the Indian naval dockyard here on Tuesday. The Scorpene-class submarine, named KD– Bernama - 227 words
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175 2009-08-20 17 Xinhua [PANAMA CITY] A major part of the Panama Canal's expansion will begin this month following authorisation from international consortium Grupos Unidos por el Canal (GUPC) on Tuesday. The Panama Canal's (ACP) executive manager for the Floodgate Project, Jorge de la Guardia, delivered the– Xinhua - 175 words
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171 2009-08-20 17 Xinhua [HANGZHOU] About 8,000 stranded cargo ships and boats on a river course connecting Zhejiang Province to Shanghai will be dispersed in three days, local shipping administration officials said yesterday. The river course has been reopened yesterday after a 14-day closure due■ Xinhua - 171 words
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Page 17 Advertisements
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Advertisement20 2009-08-20 17 Lianhe Zaobao Scorpio East as dominant player in movie industry here? Royston Tan Jack Neo give their take w**s, jOHk20 words
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Advertisement7 2009-08-20 17 |llITg BIS! BUSBO, H■ x K^B ip.7 words
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EDITORIAL & OPINION
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509 2009-08-20 18 THE economy is just emerging out of recession, and already the business community here seems fraught with concerns that usually arise when economic activity is at full throttle. In Parliament on Tuesday, a Nominated MP, who also happens to be president of the Singapore509 words
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Article, Illustration1072 2009-08-20 18 ANTHONY ROWLEY - ANTHONY ROWLEY Articles prove writers can describe human condition better than TV and online videos IT IS often said that one half of the world does not know how the other half lives, and I have been reminded of this sad fact whileAFP - 1,072 words
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Article, Illustration790 2009-08-20 18 LEON HADAR - LEON HADAR THE BOTTOM LINE ONE of the central themes of presidential candidate Barack Obama was his willingness to engage with foreign governments whose policies ran contrary to American interests and values. Mr Obama's suggestion that he would be willing to start a dialogue790 words
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507 2009-08-20 19 LIN MING HUA - LIN MING HUA By EVERY August, many Johoreans who follow politics and current affairs have this habit of turning on their television sets to watch the live telecast of Singapore Prime Minister's National Day Rally speech. This year, Lee Hsien Loong's speech lasted for more507 words
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Article, Illustration1211 2009-08-20 19 ONG CHAO CHOON; MARCUS LIM - ONG CHAO CHOON MARCUS LIM Acquirers that spot value enhancement opportunities pre-deal and deliver on them post-deal will be the most successful By and THE past nine months have been an extremely trying period for dealmakers around the world. With credit taps virtually turned off,AFP - 1,211 words
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Article, Illustration854 2009-08-20 19 WILLIAM PESEK JR - WILLIAM PESEK JR Bloomberg CHAMPAGNE corks are probably popping at Liberal Democratic Party (LDP) headquarters in Tokyo. The reason for the celebration: Japan's economy grew 3.7 per cent last quarter. It's the equivalent of answered prayers for Prime Minister Taro Aso, who– Bloomberg - 854 words
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SINGAPORE STOCKS
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Article8703 2009-08-20 20 Transaction date: Aug 19 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E j3 15.5 3 3148 8Telecom 8 2.5 5834 A-Sonic 28.5 12 5000 ABRHIdgs 12 5.5 1938 AEICorp 8 1 1100 AEM 23 7 2101 APOil 84.5 26.5 5550 ARA 8 2.58,703 words
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Article1696 2009-08-20 21 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E M Cap $mil 19 5 1181 s AAGrp 26 12 8538 t APStrategic 4 05 1501 s Advanced System 7.5 2 3480 t Adventus 231,696 words
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Article417 2009-08-20 21 52-Wk Tel High Low Code Last Sale Vol COM) Day III Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mM Conn _Hm 110 100 6389 ABFSGBondETF 109 798 427 CIMBAsean40 1OOUSS US714 274 149 DBSSTIETF1OO 255 3903 3534 DBXT DJE5O 10US$ US3897 DBXTDJE50Sh 10US$ US3076417 words
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Article264 2009-08-20 21 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 offer264 words
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Article9277 2009-08-20 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.924/ AIGIF S'pore Bond Fund/ A 1.309/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.01/ APS Alpha Fund (USD)!** 0.7/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5173/ APS Komaba9,277 words
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Page 20 Advertisements
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Advertisement19 2009-08-20 20 4UDEMARSPIGUET balance 0F forces Ie maitre de I'horlogerie depuis 1875 _^^M— »t?^h For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com19 words
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FINANCE & COMMODITES
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360 2009-08-20 22 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Alll 18 World Index Preliminan 751.7 0.8 10.9 0.9 14.3 1.0 13.5 EAFE Preliminai 721.5 0.7 11.1 1.0 16.3 1.0 15.5 Euro[ Preliminan 997.2 1.0 9.4 1.5 16.3 1.6 15.5 Pacific 620.0360 words
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Article136 2009-08-20 22 As at 9am NU It KM It5 Aug19 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1890 1.2250 Can dollar 1.3070 1.3230 Euro 2.0380 2.0610 NZ dollar 0.9700 0.9910 iterlini ind 2.3850 2.4121 US dollar 1.4400 1.4560 Local dollars to 100136 words
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Article172 2009-08-20 22 Aug 19 Bid V> Utter Overnight 1/4 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.20 US$ Offer 1/8 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.35 0.39 0.50 0.55 0.80 1.40 1.50 Offer 0.25 0.29172 words
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Article28 2009-08-20 22 Aug 19 ten Jii STI Am 2545 2550 2515 SIMSCI Aw 307.3 308.1 303.3 Taiwan Aui 248.0 248.6 244.6 Source: MF Global (S) He. Ltd28 words
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Article23 2009-08-20 22 Aug 19 I 3» Bid Offer 1-month 1.4520 1.4535 2-months 1.4522 1.4536 3-months 1.4522 1.4537 6-months 1.4525 1.4541 Source: OCBC23 words
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Article59 2009-08-20 22 Aug 19 Delivery Month Opening Range Sett Av Price Price Hi Low Vol Open Done Position SepO9 2425 2336 2429 2340 384 4161 Oct09 2408 2320 2418 2314 4532 ***** Nov09 2390 2299 2397 2284 ***** ***** Dec 09 2378 2273 2382 2273 5798 7156 Total o/p: *****59 words
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Article293 2009-08-20 22 Aug 19 EURODOLLAR FUTURES SepO9 DecO9 Mar10 Jun10 99.5625 99.4100 99.1650 98.7800 7681 1776 2980 3387 EUROYEN TIBOR FUTURES SepO9 99.460 99.460 DecO9 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 99.460 99.465 99.480 99.475 99.460 99.410 99.365 99.280 99.220 130 150 ***** 3095 3290 1602 417 420 412293 words
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Article188 2009-08-20 22 Aug 19 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Sep 09 197.1 Oct09 202.5 NOV09 Dec 09 202.0 Jan 10 Feb 10 197.1 201.0 200.0 202.0 201.0 201.0 200.0 200.5 201.0 20 42 12 102 344 775 828188 words
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Article89 2009-08-20 22 Aug 19 IKbAbUKY BILLb 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 0.28 0.35 0.23 0.23 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*****W89 words
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Article101 2009-08-20 22 Aug 18 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Sep 09 995.50 988.00 1002.50 976.75 Nov09 959.00 954.50 967.50 942.00 Jan 10 964.50 960.50 971.75 948.00 Mar10 967.00 962.50 972.50 951.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 09 35.94 35.87 36.35 35.67 Oct09101 words
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Article77 2009-08-20 22 CRUDE OIL PRODUCTS Aug 18 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 70.90 1.55 WTI (Near Mth) 69.18 2.47 Dubai (1-Mth F) 69.88 1.40 Tapis blend 76.60 1.45 Minas 74.30 1.60 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 57.72 76.65 0.90 1.00 US$/barrel Opec Oil77 words
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Article463 2009-08-20 22 Aug 19 I AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.908 5.600 0.582 6.352 40.062 82.140 0.772 10.307 2.905 1.225 67.744 39.738 1.190 6.627 0.883 27.039 27.903 0.498 0.819 Canada 1.101 6.164 0.640 6.991463 words
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Article78 2009-08-20 22 Aug 19 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 6 mths 0.***** 9mths 1.***** 12 mths 1.***** 3 mths 0.***** 0.***** 6 mths 9 mths 12 mths 0.***** 1.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 2.***** 4yrs 2.*****78 words
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Article157 2009-08-20 22 Aug 19 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.1893 1.1909 0.8192 0.8195 Canadian dollar 1.3091 1.3108 0.9017 0.9020 Euro 2.0449 2.0478 1.4085 1.4092 NZ dollar 0.9711 0.9726 0.6689 0.6693 Sterlini ind 2.3870 2.3898 1.6442 1.6445157 words
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Article169 2009-08-20 22 Aug 19 GOLD (USS/oz) Aui 18 Aui 19 GOLD BULLION COINS (S$) Sellini Hong Kong 938.20 934.30 939.20 935.30 Aug 17 Aug 18 London 931.30 937.50 932.10 938.50 Source: Thomson Reuters (S$) Selling Buying 1 oz 1527.96 1380 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $536.07 439169 words
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Article67 2009-08-20 22 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1970.50 1926.00 3 months 2005.00 1960.00 Copper, Grade A (US$/tonne) Cash 3 months 6085.00 6080.00 6054.50 6050.00 Lead (US$/tonne) Cash 1789.50 3 months 1810.00 1766.75 1785.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 367 words
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Article73 2009-08-20 22 Aug 18 COCOA (Btonne) Close Prev Hii ih/Low SepO9 1722 1739 1753/1710 Dec 09 1750 1767 1781/1738 Mar 10 1755 1771 1780/1744 May 10 1755 1770 1776/1746 COFFEE (US$/tonne) Close Pev High/Low SepO9 1360 1364 1370/1350 Nov09 1379 1385 1390/1370 Jan 10 1398 1404 1407/1389 SUGAR (US tonne) White73 words
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2294 2009-08-20 22 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 >036AdvanceSCTLtdW*****9 0.5 1 15 5.29 1 87 1358 12.00 57 12 )092 Asia Environment W*****4 0.5 1 38 54 50.00 0 S816#AsiasonsCapitalW*****7 6 unch 1082,294 words
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Page 23 Advertisements
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Advertisement3460 2009-08-20 23 m The Business Times Shipping Times A \m^M RPI MF WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M r^w f^^^V K%JE JliBWtWu.M-^IJLf ll\T*l\ IAIAM UAI I llirr TEL6226ISSB (14LINES) FAX:*****163 1 A. \at~ 111 ll|2^T|^__ l-W^^flWi!lßH!!WHrß mwßmWaWmWllm^lwrWmammU I\\ \Pi I WAN HAI INtj PKL 1EI: (03) *****888 FAX: (03) *****2883,460 words
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Page 24 Advertisements
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Advertisement4652 2009-08-20 24 F^l irfFi EASTERN CAR LINER, LTD |||^^^EIIP|SCD lY—!__-— SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS BjjilllLilllliliM lllliriMl'lllllllll^^^^M I I inKKT) I Lillinq(KT) I MUA I SIN I PKL I )KT I CD I SURA I VOT EIA[ID DISTiHtiOM PCL/PHL SERVICE AMX SERVICE Connecting ECL SERVICE via MALTA I HUA4,652 words
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BizIT
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Article, Illustration651 2009-08-20 25 Despite the decline, the market is expected to grow over a five-year period, reports AMIT ROY CHOUDHURY THE Singapore market for information technology (IT) applications that help businesses manage their assets productively will decline marginally in 2009. A study by research agency IDC shows651 words
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272 2009-08-20 25 ONG BOON KIAT - ONG BOON KIAT By DESPITE the downturn, South-east Asia's appetite for mobile services remains voracious, with its user base expected to swell 18.4 per cent from 2008 to 453.3 million subscribers by year-end, says research firm Frost Sullivan. This year is also272 words
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422 2009-08-20 25 -AFP [BRUSSELS] The European Union (EU) announced on Tuesday an 18 million euro (Ss36 million) investment in an "ultra high-speed" Internet system to underpin the next generation of mobile services. "Europe's research know-how will continue to set the tone for the development of-AFP - 422 words
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222 2009-08-20 25 -AFP [BRUSSELS] US technology giant Apple has assured the EU that recent cases of exploding iPhones and iPods are "isolated incidents", a European Commission spokeswoman said on Tuesday. Brussels last week asked Apple to explain the phenomenon after a French teenager's claim that-AFP - 222 words
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246 2009-08-20 25 Bloomberg [SAN FRANCISCO] Microsoft Corp's Bing search engine handled 8.9 per cent of US queries in July, up from 8.4 per cent in June, while Google Inc and Yahoo! Inc lost market share. Google fell to 64.7 per cent, from 65 per centBloomberg - 246 words
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Advertisement162 2009-08-20 25 Call 6-594 7594 now for the IT Specialists Stone Forest IT fSggg KB fSB www.StoneForestlT.com.sg Partner Efig^p Sun Fire" X 4170 Server A Versatile Enterprise Server that Saves on Power, Space and Cost The Sun Fire" X 4170 server can deliver great price/performance benefits to your mission-critical back office applications.162 words
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PROPERTY
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465 2009-08-20 26 Reuters Investor sentiment improves; it expects capital markets to recover by March [TOKYO] Japan's Nomura Real Estate Asset Management said that the two real estate investment trusts that it manages may raise up to 50 billion yen (Ss76o million) via– Reuters - 465 words
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154 2009-08-20 26 Reuters [SYDNEY] Capital values in the Australian property market plumbed 18-year lows in the year to end-June 2009, as increasing numbers of fund managers bit the bullet and marked down assets, property research firm IPD said. The IPD and the Australian PropertyReuters - 154 words
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Article, Illustration408 2009-08-20 27 Reuters Court orders seizure of developer's cash or property to cover bank debt [MOSCOW] Russia's tallest building, a Moscow office and residential complex under construction by flamboyant developers Mirax, is under threat of seizure by a court to cover a debt owed to Alfa Bank,– Reuters; BLOOMBERG FILE PHOTO - 408 words
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538 2009-08-20 27 Bloomberg [SAN FRANCISCO] Southern California house and condominium prices fell 23 per cent last month from a year earlier as foreclosures dominated sales, MDA Data Quick said. The median price dropped to U*****,000 from U*****,000 a year earlier, the San Diego-based research company saidBloomberg - 538 words
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Page 26 Advertisements
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Advertisement2081 2009-08-20 26 3 Balmoral Road Prime Freehold Residential Land For Sale KrtH sinaappre Chinese Land Area 2,213 sqm (23,821 sqft approximately) Girls Primary School Anglo-Chinese x x x __BUKiF^5r^OAFL£!:^ 'MP 2008 PKI- 6/ Maximum Height: 12 Storeys WjTIT^ J3r Ideal for boutique Condominium overlooking ISI7«IJdIWX /f/^T^^ Goodwood HiU /a. Within lkm to2,081 words
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Advertisement189 2009-08-20 27 Freehold Landed Housing Sites For Sale mm I "'tr^l A. Cranborne Road DUNMAN ROAD Site Area 991.6 sqm |i| VSXfSS (approx 10,673 sqft) geylang J MP 2008 zoning LJL£n_.i —bb]z Tanjong 2 Storey Bungalows o| WzM n Katong iW% G' riS SCh Approved for 4 strata detached gill > houses189 words
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Advertisement485 2009-08-20 27 E i^ i^ Mi etz^S *v I b- W Jj J AUCTION 26 August, Wednesday I vlKr/,;^^ !K- I-il!"■ I Prime Apartment Four Seasons Park Most sought-after prestigious address, D 9 M 19,000sqft Land 2 units of 3+l bedrooms (original 4 bedrooms) Ut JH 11-OOOsqft Living Space apartment (sold separately)485 words
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Advertisement11 2009-08-20 28 tin a, la i plj !^§kl w^iM •Till CT TJj 3m11 words
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