The Business Times, 29 September 2009

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Total Pages: 34
1 34 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf!i A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Tuesday, September 29,2009
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  • 866 1  -  CONRAD TAN It took 'exceptional' decision in 2007 to cut exposure to stocks and reduced its losses By [SINGAPORE] The Government of Singapore Investment Corp (GIC) said yesterday that an "exceptional" decision to slash its exposure to stocks from mid-2007 shielded its vast
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  • MARKETS DIGEST
    • 43 1 lorn lay lange I COMP 1,205.95 -11.44 IIKKEI225 10,009.52 -256.46 LANG SENG 20,588.41 -435.99 ;et INDEX 708.88 -12.69 JAKARTA COMP 2,397.82 -46.75 IANILACOMP 2,784.65 -36.69 ;eoulcomp 1,675.55 -15.93 IHENZHEN B 497.64 -11.05 IUMBAI IND Closed 12 noon EDT Cham )OW 9,801.53 +136.34
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    • 28 1 SINGAPORE 5.38 MALAYSIA 5.55 HONGKONG 5.00 INDONESIA 16.082 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 11.75 Source: Bloomberg
      Bloomberg  -  28 words
    • 42 1 IS$ (S$ per US$) 1.420 (US$/S$ per 1.586 2.253 IURO (US$/S$/E) 1.461 2.075 Foreign currency per US$ S$ 'EN 89.60 63.10 3.478 2.448 IK$ 7.750 5.456 !AHT 33.61 23.66 TJPIAH 9,720 6,843 lENMINBI 6.828 4.807 INDIAN RUPEE 47.87 33.70 1.160 0.817
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  • 870 1  -  KALPANA RASHIWALA Sales taper off at many projects as cooling measures start to seep in By [SINGAPORE] City Developments Ltd (CDL) sold a whopping 316 units last week at its Hundred Trees condo in the West Coast, a quarter of them on interest absorption
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 55 1 COMMENTARY COMPANIES m^ c*sn PROPERTY SME Inc SingTel's billion-dollar Carving a niche f\ Q3 investment sales Helping build a Bharti dilemma in pawnbroking |s^j| jump 71%: report green edifice PAGE 5 PAGE 6 Md^^^^^^ PAGE 31 PAGE 13 <jif Surging yen sends jitters across Japan PAGE 2 Stronger Japanese currency
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  • TOP STORIES
    • 621 2  -  SIOW LI SEN Despite their big focus on Asia, the two banks prefer different routes By [SINGAPORE] Standard Chartered Bank said it has no plans to move its headquarters to Asia despite getting more than 70 per cent of its
      FILE PHOTO  -  621 words
    • 519 2  -  CONRAD TAN By [SINGAPORE] The Government of Singapore Investment Corp's main task is to preserve the purchasing power of Singapore's reserves, which means it pays a great deal of attention to analysing risk, deputy chairman Tony Tan said yesterday. "For GIC, our philosophy
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    • 460 2  -  ANTHONY ROWLEY Fresh worries that rising costs may drive businesses out By in Tokyo THE newly installed Japanese government was faced with its first major economic challenge yesterday as the yen surged to an eight-month high against the US dollar, causing Finance Minister Hirohisa
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    • THREE-MINUTE DIGEST
      • 71 2 THE Government of Singapore Investment Corp said yesterday that an "exceptional" decision to slash its exposure to stocks from mid-2007 cushioned its vast portfolio from the worst ofthe financial crisis, though it still sustained heavy losses. That was the only time in GlC's
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      • 71 2 CITY Developments Ltd sold a whopping 316 units last week at its Hundred Trees condo, a quarter of them on interest absorption scheme (lAS). Demand for most other projects, however, seemed to falter. The developer has raised the 956-year leasehold condo's average price from
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      • 70 2 STANDARD Chartered Bank said it has no plans to move its headquarters to Asia despite getting more than 70 per cent of its profits and 60 per cent of assets from the region. Stanchart was responding to a BT query
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      • 46 2 SINGAPORE will continue to study other options to expand the local pool of doctors, even after raising the annual intake of students at medical schools here, said Prime Minister Lee Hsien Loong. TOP STORIES, PAGE 4
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      • 60 2 MIDAS Holdings said its joint venture firm has secured a 1.76 billion yuan (***** million) contract from Hangzhou Metro Co to supply 48 metro train sets for the Hangzhou Metro Line 1 Project. The delivery of a total of 288 train cars is expected
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      • 65 2 INFINIO Group has clinched a US$34 million exclusive contract to deploy community-based IPTV (Internet Protocol Television) services in Taiwan over a five-year period. The contract involves the supply of complete IPTV turnkey solutions including network, equipment, software, content, and system integration, maintenance
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      • 54 2 THE fourth Russia-Singapore Business Forum aims to put Russia back on the expansion map of Singapore businesses, and broaden collaboration in the areas of technology and innovation. Over 600 delegates are attending the three-day forum, some 250 of whom are from Russia.
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      • 43 2 THE European Commission is set to propose next month extending anti-dumping duties on imports of Chinese-made shoes, angering Beijing, most EU governments and reigniting fears of tit-for-tat trade spats around the globe. GREATER CHINA, PAGE 18
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      • 73 2 WHILE most economic indicators point to an improvement, the industrial property market remains depressed today as the weak business environment is likely to persist, with global demand still subdued. The first eight months ofthe year saw 436 industrial sale transactions, a drop of more than
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    • 492 4  -  CHEW XIANG Not enough being done to fix system, says economist By [SINGAPORE] The biggest risk as economies recover from the sharp falls of the past year is that governments will "drop the ball" on necessary banking reforms and regulation, according to
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    • 537 4  -  CHEN HUIFEN Higher mcd school intake still won't be sufficient as population ages By [SINGAPORE] Singapore will continue to study other options to expand the local pool of doctors, even after raising the annual intake of students at medical schools
      LIANHE ZAOBAO  -  537 words
    • 491 4  -  MICHELLE QUAH Firms say they keep lid on outlay by adjusting HR policies By [SINGAPORE] Companies around the world are keeping a close eye on costs, compared to a decade ago while also finding more innovative ways to keep them down, says KPMG's 2009
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  • Page 2 Advertisements
    • 77 2 THE MONETARY AUTHORITY OF SINGAPORE 11 Tenor Approximately 5 years Total Amount Allotted SGD 2,200,000,000 Amount Allotted to Non-Competitive Applications SGD 463,715,000 Of which allotted to MAS SGD 300,000,000 Total Amount Applied SGD 3,910,344,000 Coupon Rate 1.375% p.a. Cut-off Yield Price 1.39% p.a. and «on Allotment 99.928% Average Yield Price
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    • 1 2 mmmmmmmWlwAf(&sMiAwJlm\
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  • Page 3 Advertisements
    • 60 3 Without integrity and respect, wealth management is simply the handling Independent Asset Managers Family Office Global Custody Y^Y\ C\ Y~\ C^ I Asset Management I I I I fJ Investment Funds \J V if*" tteMßM^ Nfc*^-- I*- I r t till Pictet Cie, Geneva-Private Bankers since 1805 WDTfTET Singapore:+6s 6536
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  • Page 4 Advertisements
    • 189 4 A member of rs§ psb Acader It's about keeping pace with a tumultuous business world. Equip yourself with updated knowledge and a prestigious MBA to move ahead in your career. PSB Academy and The University of Nottingham believe in bringing relevant learning to managers and professionals who are both discerning
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    • 104 4 AS\A 2009 NSI 10th International Safety Security Technology Equipment Exhibition Conference concurrent Events: Asia's Safety Security Market *O/MEUND FIRE& ecuritv rescue /n Chalienomo Times A Must-Visit Event far Security Conscious Corporations Professionals The TOts/ So luLi an aifi Approved liternaticral Fair Organised by Endorsed by Held in Official Publication -security
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  • COMPANY NEWS
    • 632 5  -  WINSTON CHAI TO top up or not to top up, that is the question. And for Singapore Telecommunications, that is the billion-dollar question it soon has to answer as Bharti Airtel and South Africa's MTN Group enter the home stretch of their proposed US$24 billion union.
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    • 327 5  -  LYNETTE KHOO By MIDAS Holdings said its joint venture firm has secured a 1.76 billion yuan (***** million) contract from Hangzhou Metro Co to supply 48 metro train sets for the Hangzhou Metro Line 1 Project. The delivery of a total of 288 train cars
      327 words
    • COMPANY BRIEFS
      • 77 5 CHINA Taisan Technology Group Holdings said that US-based institutional investor Barron Partners LP has become a strategic shareholder. Choi Cheung Kong, the non-executive chairman of China Taisan has placed out 30 million shares to Barron, Barron chairman and CEO Andrew Barron Worden, as well as
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      • 86 5 MOBILEONE is hoping to tap into the potential of Internet advertising through a new tie-up with directory services specialist Global Yellow Pages Media. Under the partnership, Ml customers will be able to advertise their services and products on Yellow Pages' Internet portal
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      • 57 5 Z-OBEE Holdings said that the application documents dated Sept 28 relating to its proposed dual listing on the mainboard in Hong Kong has been submitted to the the Stock Exchange of Hong Kong (SEHK). A special general meeting will be held at a later
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      • 63 5 SUNSHINE Holdings said that hearing of the winding-up proceedings against the firm have been further adjourned till Nov 4. Last week, the group reached settlement deals worth U5593.28 million with seven lenders and one bondholder in cash and shares. It will sell properties and land parcels
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      • 100 5 TIONG WOON Corporation Holding said that its wholly owned subsidiary, Tiong Woon Oil Gas Services Pte Ltd, has successfully completed its portions for the construction of a 146.3 m derrick pipelay barge for the owner and operator, NorCE Offshore Pte Ltd, at its fabrication yard
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    • 703 6  -  JAMIE LEE CORPORATE FOCUS It wants to tap non-gold segments such as diamonds and white gold By ALL that glitters is not gold, warned Shakespeare. But for Singapore's largest jewellery chain Aspial Corporation, all that glitters is more than gold, as the company looks
      FULFORD PUBLIC RELATIONS  -  703 words
    • 335 6  -  OH BOON PING By UNITED Envirotech, a wastewater treatment specialist, has secured a 245 million yuan (5550.9 million) contract to build and operate a drinking supply and wastewater treatment plant in China's Liaoning province. The deal comes under a build-operate-transfer (BOT) arrangement for
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    • 277 6  -  LYNETTE KHOO By A UNIT of local law firm WongPartnership LLP is the latest addition to the pool of continuing sponsors for the Singapore Exchange (SGX) Catalist board. SGX yesterday announced that WongPartnership's wholly owned unit WOPA Services Pte Ltd has been
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    • 1029 7 elbourne in spring is a vibrant celebration of fashion, fillies and fun. Just an hour's drive away, however, is a landscape at the other end of the spectrum: Mornington Peninsula. The languid loveliness of this coastline region emerges in the course of the
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    • 379 7 THERE'S no better way to arrive in the colourful city of Melbourne than refreshed and recharged, and no other carrier can get you there in style and comfort better than Singapore Airlines. Starting today, your trip to Melbourne will be made extra special as
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    • 448 8  -  CHEWXIANG Armoured Warthog vehicles to be delivered to UK army from year-end By ST KINETICS yesterday unveiled a new armoured car ordered last year in a breakthrough £150 million (***** million) deal by the British army and said the vehicles
      448 words
    • 333 8  -  OH BOON PING By INFINIO Group has clinched a US$34 million exclusive contract to deploy community-based IPTV (Internet Protocol Television) services in Taiwan over a five-year period. The contract involves the supply of complete IPTV turnkey solutions including network, equipment, software, content,
      333 words
    • 143 8 OKP Holdings has formed a joint venture company with a subsidiary of China Sonangol International to undertake overseas projects, the company announced yesterday. The 50-50 joint venture will focus on urban development projects initially in Africa. China Sonangol is a Hong Kong-headquartered conglomerate
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  • Page 5 Advertisements
    • 126 5 ..*4>l> o ..**>€> o .'**><>© O i) i) mm mm m*mi Awards for Awards for Awards for excellence m-\S excellence- excellence -^S Best Global Best Global Debt Transaction Banking Best Global Bank House House ASiAMONEY excellence jT A I W^| EUROWEEKASIA AWARDS Structured Interest Rate Products Best at Risk Best
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  • Page 6 Advertisements
    • 2345 6 X Karin Technology Holdings Limited Karin Technology Holdings Limited (Incorporated in Bermuda on 30 August 2002) (Company Registration Number *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held at Level 4, and otherwise in accordance with all other
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  • Page 8 Advertisements
    • 439 8 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. KJSPjI \A/a 11 r\ r^ ssHsTIsSF VVCIIIUI I
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  • Page 9 Advertisements
    • 149 9 Congratulations to OTTO MARINE LIMITED on the Completion and Delivery of One unit DP2 10,880 BHP Anchor Handling/Towing Supply vessel from its shipyard, PT Batamec Principal Particulars I Length Overall 67.00 m I Breadth Moulded 16.00 m I Depth Moulded 7.00 m Draft (maximum) 6.00 m Horsepower 10,880 bhp I
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  • SINGAPORE MARKETS
    • 610 10  -  R SIVANITHY STOCKS Profit-taking sets in ahead of release of US economic reports this week; penny stocks continue to be actively traded ON THE face of it, yesterday's 33.57--point loss suffered by the Straits Times Index at 2,629.25 was because traders were unsure over
      Bloomberg  -  610 words
    • 97 10 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 13 2 0 0 0 2 13 2 lanufacturing 30 104 63 12 16 35 116 79 Commerce 10 43 18 11 49 23 "pt/Stor/Comms 23 10 23 10 ■inance 20 20 instruction 15 18
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    • 108 10 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 57,260 57,260 60,823 60,823 lanufacturing 815,639 37,441 853,080 393,698 3,691 397,389 lommerce 218,301 25,851 244,152 132,779 7,097 139,877 'pt/Stor/Comms 179,183 10,442 189,625 163,765 2,917 166,683 :i nance 29,772 45 29,817 157,993 157,997 lonstruction 164,822 12,188 177,010 34,614 394 35,007
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    • 101 10 Capita Land 3.650 -0.040 CapitaMall 1.790 CityDev 10.040 -0.120 ComfortDelGro 1.600 +0.030 Cosco Corp 1.210 -0.010 DBS Grp 12.940 -0.140 F&N 3.900 Genting SP 1.100 -0.020 Golden Agri 0.425 -0.010 HK Land 4.330 -0.050 IMH 29.600 -0.840 ISH 16.320 -0.480 lardineC&C 23.600 -0.620 Keppel Corp 8.150
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    • 309 10  -  JAMIE LEE Singapore Telecommunications Sept 28 close: $3.19 Kirn Eng Research, Sept 28 STARHUB has underperformed Sing Tel and Ml since July on concerns over the 2010-2012 Barclays Premier League (BPL) bid. This is in-line with our expectation when we downgraded the stock to "sell" in Aug. Since
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    • 543 10 Reuters CURRENCIES [NEW YORK] The US dollar pared its losses against the yen, pushing the Japanese currency off an eight-month high hit yesterday, after Japan's finance minister appeared to tone down comments suggesting that he was comfortable with the currency's strength. Against higher-yielding currencies
      – Reuters; AP  -  543 words
    • 4 10 DAILY
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    • 60 10 Sep 28 VALUE CLOSE IT OB/OS -117.00-268.0C IT CADI -*****.00-267.0i IT 10-day MA -*****.00 -11.0' TSE ST Mid Cap 611.85 -12.6' TSE ST Small Cap 558.30 -8.5, TSE ST All Share 649.14 -9.1 TSE ST China Top 282.47 -3.8! TSE ST China 291.54 -2.9! TSE ST Catalist
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    • 58 10 VOLUME ChinaNTown 85,643,000 Great Group 85,300,000 Memstar 78,608,000 ChinaTaisan 66,775,000 Gentinq SP 65,377,000 HLHGrp 59,487,000 Gentinq SP R 55,167,000 Synear 53,685,000 ChinaGaoxian 53,433,000 Golden Aqri 48,232,000 VALUE(S) Wilmar 128,154,067 SGX 77,768,380 Gentinq SP 72,716,450 SingTel 37,659,434 CapitaLand 37,367,280 Great Group 36,891,270 Noble Grp 36,716,340 DBS Grp 30,673,920
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    • 104 10 DBXT S&P Short 10US$ BY CENTS CLOSE UP 5942 72.4 0.9 OCC3.93% NCPS10 7970 40.0 0.5 OCBC Bk5.1%NCPS 100 ***** 26.0 0.3 UOB.ES.0910 1666 10.0 0.6 Hoe Leon* 22 7.0 46.7 S Coffeemix 65 6.5 11.1 HsuFuChi 165 5.0 3.1 Sini iTel 319 5.0 1.6 Wee Hur 80.5 5.0
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    • 115 10 BY CENTS CLOSE DOWN 2960-119.3 -2.8 JMH GLD 10US$ 9716 -76.7 -0.6 JSH 1632 -68.2 -2.9 Jardine C&C 2360 -62.0 -2.6 China H 10US$ 1525 -55.4 -2.! DBXT FTChina25 10US$ 2894 -51.1 -1.2 Wilmar.ES.0910 642 -41.0 -6.0 Wilmar.ES.0909 642 -37.0 -5.4 Wilmar 641 -34.0 -5.0 DBXT MSTaiwan 10US$ 1480
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    • 88 10 Wh lere S! stands Sep 28 CHNG CLOSE FR Sep 25 YR2009 S$ LOW S$ HIGH uss 1.4200 -0.35 1.5579 1.4117 Euro 2.0770 0.24 2.0897 1.9150 Pounds 2.2584 0.51 2.4366 2.0356 AS 1.2269 0.41 1.2365 0.9453 Yen* 1.5865 -1.00 1.7278 1.4831 Rill liah* 0.***** 0.17 0.***** 0.***** Baht* 4.2262
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  • Page 10 Advertisements
    • 246 10 CHARTPOINT Premature to turn bearish on STI THERE is a dearth of market triggers that will push the STI above ST InOGX the top end of the consolidation zone, which sits squarely at 2,700. Upside capped at 2,700 for now This observation is also partially 2,700 I I explained by
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  • Page 11 Advertisements
    • 203 11 Ir U K_ y I era A I^l^ Hmf/ 1 I I i BMW Aw^M I j^^^^^v A »"^1 I f "T^^ P^;^ Philippe Seal. It embodies the values and standards of our family watch company!' Patek Philippe has created a new quality benchmark for its mechanical timepieces: the Patek
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  • SINGAPORE NEWS
    • 543 12  -  TEH SHI NING Forum sets out to raise collaboration in technology and innovation By THE fourth Russia-Singa-pore Business Forum (RSBF) aims to put Russia back on the expansion map of Singapore businesses, and broaden collaboration in the areas of technology and innovation.
      543 words
    • 368 12  -  EMILYN YAP By LUXURY property firm KOP Group is expanding its presence from land to sea, having snagged exclusive distribution rights for the Princess brand of yachts in Singapore and most parts of China. Princess Yachts Asia a 40:60 tie-up between KOP and Reignwood
      TAN LAI HOCK/; /UANHE ZAOBAO  -  368 words
    • 316 12  -  LEE U-WEN By SINGAPORE has offered to host the first-ever Asean-United States summit in November, immediately after the conclusion of the Asia-Pacific Economic Cooperation meetings. A Ministry of Foreign Affairs spokesman said yesterday that the Republic was willing to
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    • 462 12  -  LEE U-WEN COMMENTARY By THE clock is ticking as Singapore awaits the outcome of discussions between the government and the consortium tasked with building the country's $1.87 billion Sports Hub. The mega-project in Kallang originally scheduled to be ready by end-2010 but which
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    • 535 12  -  LYNETTE KHOO By FEELING the heat of the economic downturn, Singapore's population growth eased to its slowest in three years to 4.99 million as at end-June. The 3.1 per cent growth from a year ago was lower than the 4.3 per cent and 5.5
      535 words
    • 483 12  -  ONG BOON KIAT By THE "quiet achiever" who helped Singapore attract over $2.5 billion in investments has been awarded the nation's top science and technology honour, the President's Science and Technology Medal. Miranda Yap, founding executive director of the Bioprocessing Technology Institute
      483 words
    • 326 12  -  NISHA RAMCHANDANI By IT looks like there's light at the end of the tunnel. Visitor arrivals to Singapore hit 844,000 in August, which represents a mere 0.7 per cent decline over the corresponding month last year and the smallest year-on-year decline in 2009 to date.
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  • Page 12 Advertisements
    • 1043 12 F7R A EZRA HOLDINGS LIMITED I j£ iIViTTV {Incorporated in Singapore) (Company Registration Number *****141 IN) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") oF the shareholders of Ezra Moldings Limited (the "Company") will beheld on 14 October 2009 at 10 a.m.
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  • SME Inc
    • 1186 13 SMALL CAPS Green cement maker EnGro aims to continue developing its business in China as there is still much unexplored potential, reports MICHELLE YEO SINGAPORE ranks among the world's top 10 greenhouse gas emitters on a per capita basis, with each
      ARTHUR LEE  -  1,186 words
    • 889 13 Are you aware that the Goods and Services Tax (GST) incurred on certain expenses are specifically not claimable? These are commonly referred to as 'blocked' expenses. Ernst Young's YEO KAI ENG and NG CHOON BENG explain THOMAS Teh (not his real name) owns
      FILE PHOTO  -  889 words
    • 961 14 Trading and distribution company Acumen Engineering is diversifying its portfolio even further to stay ahead of its competitors. ADELINE CHAN JIAWEI, NGAI SI MIN and FAVIAN POH MING VAN look at how the company stays viable during this downturn DARREN Chang walks the talk. He
      ARTHUR LEE  -  961 words
    • 1139 14 This exemplary property agency does a lot more than merely bring buyer and seller together, report GU LELE, KUANG BIQING and SHEENA WEE SING GEK SLP International Property Consultants Pte Ltd does something many of its ilk just don't. And
      ARTHUR LEE  -  1,139 words
    • 731 15 THIS WEEK'S TOPIC What do you make of a survey that showed: 62 per cent of SMEs polled plan to use Jobs Credit to offset operating costs; 26.7 per cent want to use it to increase their cash position and 11.3 per cent plan
      FILE  -  731 words
    • 411 15  -  TEH HOOI LING By OUR small cap portfolio eased by 0.7 per cent compared with the 0.4 per cent slide in the blue chips Straits Times Index in the last two weeks. The culprit which dragged down the performance of our portfolio is Fortune
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  • Page 14 Advertisements
    • 27 14 Call 6-594 7594 now for the IT Specialists Fnmd" IT Microsoft wmmm grajg OLUI IC I \JI Cjl I I GOLD CERTIFIED EjSl IPIiMI www.StoneForestlT.com.sg Partner [gZ3^P
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    • 69 14 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. Acumen Engineering and SLP International were among the E5O winners in 2008. The annual E5O ranking is co-organised by The
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  • Page 15 Advertisements
    • 287 15 _Sr _<_ „,imffl)i3P m\\\\\\\\mmm^mmm\. W IB OCBC Bank^\ 111'J 3K» > m I 1 This program will equip professionals from thefinance sector with skills and knowledge in financial engineering. This will lead to a better understanding of the causes of the financial crisis, and help participants to avoid pratfalls and
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  • Page 15 Miscellaneous
    • 92 15 bMb Next week's topic: "How does HR management contribute to your company's bottom line? What are some of the ways in which HR practices in Singapore can be improved?" If you are an SME owner or leader, we would like you to share your views with us. Please email your
      92 words

  • ECONOMY WATCH
    • 594 16 Bloomberg, Reuters Unwinding stimulus in advanced countries may hit emerging states [WASHINGTON] As many as 20 countries getting loan support from the International Monetary Fund will probably face a slow economic recovery as fiscal challenges arise in the years ahead. The IMF,
      Bloomberg,; Reuters  -  594 words
    • 180 16 Bloomberg [HANOI] Pledges for foreign investment into Vietnam and planned capital increases for existing projects dropped 79 per cent in the nine months to September from the same period a year earlier, the Foreign Investment Agency said. Total investment commitments dropped to US$l2.5 billion,
      Bloomberg  -  180 words
    • 350 16 AFP [KUWAIT CITY] Sovereign wealth funds (SWFs) of four oil-exporting Gulf states lost around US$35O billion last year due to the global financial crisis, according to a UN report. However, the funds those of Saudi Arabia, Kuwait, Qatar and Abu Dhabi almost
      AFP  -  350 words
    • 406 16 Bloomberg, AP [BEßLlN] German Chancellor Angela Merkel said yesterday she will press ahead with tax cuts and la-bour-market deregulation after winning re-election with enough support to govern with the pro-business Free Democrats. With Germany struggling to recover from the deepest economic
      Bloomberg,; AP  -  406 words
    • 420 16 Bloomberg Govt spending, improving export orders spur recovery from recession [BANGKOK] Thailand's economy will not shrink as much as earlier forecast this year, the Finance Ministry said, as government spending and improving export orders spur a recovery from recession. Gross domestic product (GDP)
      Bloomberg  -  420 words
  • Page 16 Advertisements
    • 1303 16 CH OFFSHORE LTD (Incorporated in the Republic of Singapore) (Co. Reg. No. *****0666 D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Third ANNUAL GENERAL MEETING of the Company will be held at The Board Room, 390 Jalan Ahmad Ibrahim, Singapore *****5 on October 16, 2009 at
      1,303 words

  • REGION
    • 454 17  -  S JAYASANKARAN PM may have changed his mind as rising highway tolls prove unpopular By in Kuala Lumpur A PROPOSED RMSO billion (5520.4 billion) takeover of Malaysia's highway concessionaires has taken on a new twist with its promoters now cleared to
      454 words
    • 426 17 Reuters [JAKARTA] Indonesian President Susilo Bambang Yudhoyono, who begins a second five-year term next month, may create new ministerial posts to spur development of the natural resources sector, sources told Reuters. Indonesia has some of the world's largest deposits of natural gas, nickel, copper,
      – Reuters; AP  -  426 words
    • 324 17 AFP [KUALA LUMPUR] Aviation mogul Tony Fernandes said yesterday that it will cost about RM4SO million (SslB4 million) to put Malaysia on next year's Formula One grid and to complete the 19-race schedule. "We need RMIOO-150 million to put the car on the grid.
      AFP  -  324 words
  • Page 17 Advertisements
    • 2910 17 LUM CHANG holdings limited (Incorporated in the Republic of Singapore) Company Registration No.: *****3949N NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 27th Annual General Meeting of the Company will be held at Crowne Plaza Changi Airport, Chengal Ballroom, 75 Airport Boulevard Singapore *****4 on Thursday, 29
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  • GREATER CHINA
    • 445 18 Reuters Period expected to be cut to 2 years from usual 5 due to political sensitivity [NEW YORK] The European Commission is set to propose next month extending anti-dumping duties on imports of Chinese-made shoes, angering Beijing, most EU governments and re-igniting fears
      – Reuters  -  445 words
    • 614 18 Reuters Long-awaited deal may still have many hurdles to clear [SYDNEY] Chinese stateowned company Sinochem bid US$2.5 billion for Australian farm chemicals group Nufarm Ltd yesterday, looking to gain a global footprint in a deal that could again test investment ties between China and
      Reuters; BLOOMBERG  -  614 words
    • 367 18 Reuters [HONG KONG] China is confident it can overcome the economic crisis, but ongoing uncertainties mean the authorities must be on guard against risks, including inflation, a top official with the country's state planner said yesterday. The comments by Liv Tienan, vice-chairman
      – Reuters  -  367 words
    • 448 18 Reuters [SEOUL] South Korea's top mobile firm SK Telecom sold back its stake in China Unicorn for US$l.3 billion, underscoring its lack of success in a market it had once pinned high hopes on. This followed a recent move by China's
      – Reuters  -  448 words
  • Page 18 Advertisements
    • 1724 18 Ar\ CHOSEN HOLDINGS LIMITED HT J Company Registration Number: *****4325 C 1^ (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN THAT the Eleventh Annual General Meeting of CHOSEN HOLDINGS LIMITED (the "Company") will be held on Thursday, 22 October 2009, at 17 Woodlands Terrace, Woodlands East Industrial Estate,
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  • GREATER CHINA/INDIA
    • 660 19 -AFP Further economic growth seen as sole likely answer to its vast problems [BEIJING] China will tout the successes of 60 years of communist rule on Thursday, but the world's most populous nation faces an array of serious challenges as it seeks to sustain
      -AFP; AFP  -  660 words
    • 529 19 -AFP [NEW DELHI] With 12 months to go until the start of the Commonwealth Games in New Delhi, the city risks a fiasco rather than a proud moment that puts the country on the path to hosting the Olympics. This stark warning came from
      -AFP  -  529 words
    • 289 19 Bloomberg [MUMBAI] India's benchmark 10-year bonds should rally because the yield is too high, according to Reserve Bank of India (RBI) deputy governor X C Chakrabarty. The yield on the 6.90 per cent bond maturing in July 2019 last week rose eight basis
      Bloomberg  -  289 words
  • Page 19 Advertisements
    • 1065 19 IN THE MATTER OF FRENCKEN GROUP LIMITED THE COMPANIES ACT (Incorporated in the Republic of Singapore) (CHAPTER 50) (Companyßogistration No. 1999D5084D) ~r- NOTICE OF EXTRAORDINARY IN THE MATTER OF GENERAL MEETING SCAN{ECHNOLOGY THEREBY GMNM.tardinar, G-l (incorpo^d in the Republic K?KSJSStMS? r, k, ?R^G2^ eA«,., »D Bo" ta Y. sm»m WII7,
      1,065 words
    • 2301 19 JliiLJUlM— Ellipsiz Ltd (Incorporated in the Republic of Singapore) Registration No. *****8329R (the "Company") Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 14th Annual General Meeting of the Company will be held at 29 Woodlands Industrial Park El, Lobby 1, #04-01/06, North Tech, Singapore *****6 on 21
      2,301 words

  • ASIA-PACIFIC/WORLD
    • 646 20 Bloomberg Investors hold cash equal to 73% of S&P's 500 Index firms' net assets [NEW YORK] Americans holding US$3.5 trillion in cash are giving money managers increasing confidence that the stock market rally under President Barack Obama will continue till the end of the
      – Bloomberg; REUTERS  -  646 words
    • 391 20 Reuters Deal with Abbott Laboratories is worth 4.5b euros [AMSTERDAM] Solvay,a Belgian drugs, chemicals and plastics maker, will sell its drugs unit to US partner Abbott Laboratories for 4.5 billion euros (559.4 billion) in cash. Abbott had agreed to buy the unit to
      – Reuters  -  391 words
    • 286 20 Bloomberg [SYDNEY] Fairfax Media chairman Ron Walker will step down after the founding family of the newspaper publisher called for his resignation. Mr Walker won't seek re-election at the annual shareholders' meeting to help Fairfax's board of directors and management to focus on
      Bloomberg; BLOOMBERG FILE PHOTO  -  286 words
    • 384 20 Reuters [SEOUL] Shares in South Korea's Daewoo International soared by their daily limit yesterday, lifted by a report that the chief executive of POSCO had expressed interest in the trading and energy development company. Nine financial institutions, led by state debt clearer Korea Asset
      Reuters  -  384 words
    • 630 20 AP [CAIRO] A Saudi prince wants to buy half of Liverpool football club in a deal worth up to US$56O million that would mark the latest buy-in by Gulf investors in an English Premier League team. But Liverpool co-owner Tom Hicks is willing to
      AP  -  630 words
    • 434 20 Reuters [TOKYO] Japan's defeated Liberal Democratic Party (LDP) yesterday picked a former finance minister as its new leader, handing him the challenge of rebuilding a battered party that had ruled for most of the past 54 years. Despite the LDP's historic election
      Reuters  -  434 words

  • WORLD
    • 423 21 Reuters, Bloomberg New rules on OTC derivatives trading may benefit firm due to its tech edge [NEW YORK] Goldman Sachs Group plans to recruit up to 200 people for its asset management business, a spokeswoman said on Sunday. The hiring
      – Reuters,; Bloomberg  -  423 words
    • 269 21 AP [NEW YORK] Half the respondents of a new poll say taxing the richest Americans by at least 50 per cent is a great idea, while more than a third consider Twitter a fad that will likely fade. Those are among the findings
      AP; AFP  -  269 words
    • 690 21 NYT They also broaden exposure for news network [NEW YORK] In boardrooms and hotel rooms in Warsaw, Mumbai and Dubai, when businessmen tune to CNBC, they usually don't see Maria Bartiromo or Jim Cramer, the stars of the network's operation in the US.
      NYT  -  690 words
    • 272 21 Bloomberg [NEW YORK] Don Fisher, who founded Gap Inc with his wife Doris in 1969 and turned the retailer into a global brand, died on Sunday after a battle with cancer. He was 81. Mr Fisher opened the first Gap store in San
      Bloomberg  -  272 words
    • 587 21 NYT, Bloomberg Cutting off flow of investments to oil industry an option [WASHINGTON] The Obama administration is scrambling to assemble a package of harsher economic sanctions against Iran over its nuclear programme that could include a cutoff of investments to the country's oil-and-gas
      NYT,; Bloomberg; AFP  -  587 words
    • 401 21 NYT [NEW YORK] CBS News plans to announce that it has formed a partnership with Global Post, a foreign news website, that will provide CBS with reporting from its about 70 affiliated correspondents in 50 countries. As many print and broadcast news
      NYT  -  401 words

  • AVIATION
    • 464 22  -  YEN SREENIVASAN Its balance sheet is still strong with cash and cash equivalents totalling some $I.lb By [SINGAPORE] Faced with rapidly escalating costs and anaemic income growth, the operator of Singapore's Changi Airport recorded its lowest net operating surplus in six years
      464 words
    • 483 22  -  YEN SREENIVASAN By [SINGAPORE] ST Aerospace's commercial pilot training academy, ST Aviation Training Academy (Stata), is ramping up its pilot training capabilities here via a partnership with lowfare airline Tiger Airways. Stata has just launched its Beta Trial programme comprising Multi-crew Pilot
      483 words
    • 328 22  -  NISHA RAMCHANDANI By [SINGAPORE] The dense network connecting leading cities in the Asia-Paci-fic, Middle East and Africa is likely to facilitate a stronger and faster economic recovery, a study reveals. According to the latest MasterCard Worldwide Insights report, Networked Cities in Asia-Pacific, Middle East
      328 words
    • 496 22 Bloomberg [LONDON] British Airways pic (BA), the airline starting a business-class-only service from London to New York today, may eliminate some short-haul flights to restore earnings. "This is an airline that really has to bite the bullet on short haul, looking long
      Bloomberg; AP  -  496 words
    • 2676 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,676 words
  • Page 22 Advertisements
  • Page 22 Miscellaneous
    • 241 22 CRYPTIC CROSSWORD 22 Construction to really care about? (5,10) 5 Takes a risk on cnops 5 2 0 Be first to support old lover 23 Understands energy ab- 6 Eggs on reS erve in handy (5) sorbed by fast cars (4) container (6,3) 24 Made an effort to promote 7
      241 words

  • SHIPPING/AVIATION
    • 600 23  -  VINCENT WEE Imperative for the liner industry to abandon price war, analysts say By [SINGAPORE] The demand and supply imbalance in the global container shipping fleet is so severe that at least another 5 per cent of ships need to be laid up
      AP  -  600 words
    • 805 23 -AP [MINNEAPOLIS] It's getting harder to leave behind baggage fees when passengers depart from the US. Fees to check bags on international flights are creeping in and may be here to stay. In the past three months, all the big US carriers
      -AP  -  805 words
    • TRANSPORT STOCKS
      • 108 23 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp Mercator Lines MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.71 0.32 1.21 0.66 1.86 0.60
        108 words
      • 37 23 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.97 9.00 8.94 3.00 unch unch 0.09 unch -0.19 0.04 -0.07 unch unch -0.01 11 14 15 656 0 0 917
        37 words
      • 12 23 ■oo ■recious Ship Jegional Cont .17.80 .11.40 -0.10 -0.30 273! 241!
        12 words
      • 6 23 '000 toil .39.60 -1.50 861
        6 words
      • 20 23 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.20 21.75 unch unch -0.10 -0.75 unch unch 124$ 11!
        20 words
      • 22 23 Evergreen Marine ....18.70 :irst Steamship 37.60 ManHai Lines 17.05 r"ang Ming Marine ..12.45 0.10 -0.40 0.10 0.20 6 2 1 6
        22 words
      • 41 23 '000 (awasaki Hvy Ind ..220.00 -11.00 ***** (awasaki Kisen 343.00 -27.00 8265 Mitsubishi Hvy 338.00 -10.00 ***** i/litsui Eng&Sbldg ..240.00 -11.00 5604 l/litsui Osk Lines 521.00 -30.00 ***** Jippon Express 368.00 1.00 4431 JipponYusen 348.00 -12.00 ***** iource: Thomson Reuters
        41 words
    • 198 23 Reuters [BRUSSELS] European Union competition regulators will continue to exempt liner shipping groups from the bloc's strict antitrust rules for another five years to 2015, the European Commission said yesterday. The current exemption, which expires on April 25, 2010, allows shipping lines to jointly provide
      Reuters  -  198 words
    • 217 23 Bloomberg Supply woes in long run unless capacity rationalised: Drewry [SINGAPORE] Chinese and South Korean support for shipbuilders may hurt the industry in the long term by keeping unprofitable yards afloat amid plunging demand, according to Drewry Shipping Consultants Ltd. "There's
      Bloomberg  -  217 words
    • 276 23 Bloomberg [LONDON] The oversupply of supertankers waiting to collect crude oil from Middle East ports shrank for a third week. There are 15 per cent more very large crude carriers, or VLCCs, for hire over the next 30 days than there are cargoes,
      Bloomberg  -  276 words
  • Page 23 Advertisements

  • EDITORIAL & OPINION
    • 481 24 FORGET "Crashgate". It's more like a gate-crash now, with new players (teams, drivers and sponsors) waiting anxiously in the wings to enter Formula One, even though others such as Honda have exited the pinnacle of motorsports no thanks to the financial market crash.
      481 words
    • 1108 24  -  LEON HADAR G-20 will provide an important arena for US, China and others to coordinate their policies FOR close to 25 years, the United States and the other six largest economies, aka the G-7, were considered to be the board of directors of the global
      XINHUA  -  1,108 words
    • 757 24  -  SHADA ISLAM THE BOTTOM LINE DON'T look just yet but the European Union may be about to put its house in order. Parliamentary backing for another five-year term has been secured for European Commission President Jose Manuel Barroso and
      757 words
    • 1408 25  -  BILLAMELIO Handling a global business in today's highly interconnected high-tech world requires advanced cultural skills By IF, AS expected, China's gross domestic product (GDP) surpasses that of the United States by 2020, it will represent a return to China's historic role in global trade; as
      XINHUA  -  1,408 words
    • 865 25 Bloomberg LESS than two weeks into the job, Hirohisa Fujii is annoying corporate Japan. It's a good thing. Japan's new finance minister doesn't support a weak yen. In the currency world, with its winks, nods and secret handshakes, that's tantamount to appropriating former
      Bloomberg  -  865 words


  • SINGAPORE STOCKS
    • 8843 26 Transaction date: Sep 28 52-wks Tel |h Low Code Last Sale Vol ('000) Hi I Day Last Quote |h Low Buyer Seller Div Gr Yld Net C'vr P/E M Cap Hii Coi 17 3 3148 STelecom 9.5 2.5 5834 A-Sonic 31.5 12 5000 ABR Hldgs 15.5 5.5 1938
      8,843 words
    • 1718 27 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net M Cap C000) High Low Buyer Seller C'vr P/E $mil 15.5 5 1181 s AAGrp 25.5 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 20
      1,718 words
    • 417 27 Wk Tel Low Code Last Sale Vol C000) 1V Low Lasi (uote Seller Div C'vr Net P/E riCap Smil _Hm Comi _Hm 110 100 6389 ABF SG Bond ETF 783 427 CIMBAsean40 100US$ 274 149 DBS STI ETF 100 4317 3534 DBXT DJE5O 10US$ DBXTDJE50Sh 10US$ 3076 1682
      417 words
    • 258 27 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
      258 words
    • 9225 27 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.067/ AIGIF S'pore Bond Fund/^- 1.348/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.08/ APS Alpha Fund (USD)!** 0.76/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5096/ APS Komaba Global
      9,225 words
  • Page 26 Advertisements
    • 21 26 yJD DEFY TIME CONSTRAINTS M W\ ""^P""^ AUDEMARSPIGUET V(w!£fV MILLENARY COLLECTION > V^)tofi\ For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com jj((| B^^teT^V^C>'*^<J
      21 words


  • FINANCE & COMMODITIES
    • 373 28 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Sep25 World Index Preliminary 793.8 -0.5 17.1 -0.5 19.3 -0.5 21.5 EAFE Preliminai 757.9 -0.8 16.8 -0.7 22.4 -0.7 24.7 Euro[ Prelim inan 1073.1 -0.2
      373 words
    • 130 28 As at 9am Sep 28 Singapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 1.2130 1.2500 .an dollar 1.2870 1.3030 iurc 2.0650 2.0890 IZ dollar 1.0100 1.0310 jterlini ind 2.2280 2.2530 )S dollar 1.4080 1.4230 .ocal dollars to 100 units if foreign
      130 words
    • 173 28 Sep2S fer Overnight 5/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.28 US$ Offer 3/16 3/16 5/16 7/16 BJd 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.32 0.35 0.38 0.40 0.70 1.10 1.25 Offer 0.22 0.25 0.28 0.30 0.50
      173 words
    • 29 28 Sep 28 ten Hi Sett iTI Se 2632 2632 2629 IIMSCI Se 319.3 319.4 315.5 "aiwan Se 269 269.1 266.3 Source: MF Global (S) Pte. Ltd
      29 words
    • 21 28 Sep2B S! Bid Offer 1-month 1.4201 1.4213 2-months 1.4203 1.4216 3-months 1.4204 1.4217 6-months 1.4210 1.4223 Source: OCBC
      21 words
    • 59 28 Sep2B lelivery lonth Opening Sett Av Range Price Price Hi Vol Open Done Position Low 3d 09 2200 2155 2200 2130 378 1414 \Jov09 2159 2115 2159 2097 1517 ***** 3ecO9 2130 2103 2148 2082 ***** ***** Ian 10 2128 2101 2145 2081 2852 9049 Total o/p: *****
      59 words
    • 286 28 Sep 28 URODOLLAR FUTURES 3ec09 VlariO un10 iep10 99.6050 99.3550 99.0200 98.6350 7140 5173 3138 2575 EUROYEN TIBOR FUTURES 3ec09 99.495 99.500 Vlar10 lun10 99.535 99.535 >ep10 99.495 99.495 3ec10 \/lar11 Iun11 >ep11 99.495 99.535 99.495 99.500 99.530 99.530 99.515 99.475 99.390 99.330 99.330 286 150 150
      286 words
    • 182 28 Sep2B RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Oct 09 NOV09 210.0 Dec 09 Jan 10 Feb 10 Mario 210.0 210.0 211.0 211.0 210.0 210.0 210.0 16 381 515 831 791 457 570 TSR 20 (US cents/kg) Month
      182 words
    • 86 28 Sep2S TREASURY BILLS Period Issue code Maturity Yesterday's Bid Day's |h Low Hi< 3-Month BQ*****W 31.12.2009 1-Year BY*****W 03.05.2010 0.34 0.39 0.32 0.31 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year N*****0N 1.375 7-Year N*****0S 2.875 10-Year NX*****W 2.500
      86 words
    • 97 28 Sep2S (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov09 926.00 919.50 931.75 916.00 Jan 10 931.00 924.50 936.00 920.75 Mar10 932.00 926.50 937.50 921.00 May 10 931.00 926.50 936.50 920.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct09 34.04 34.09 34.35 33.82 Dec 09 34.44 34.47
      97 words
    • 77 28 CRUDE OIL PRODUCTS Sep 25 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 65.05 -0.38 WTI (Near Mth) 65.99 -0.01 Dubai (1-Mth F) 64.99 -2.03 Tapis blend 70.40 -2.10 Minas 66.70 -2.10 PRODUCT USS/barrel (FOB S'pore) Close Chanqe Naphtha Jet Kerosene 62.40 72.30 -2.10 -2.25 USS/barrel Opec Oil
      77 words
    • 463 28 Sep2B AS _CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.947 5.886 0.590 6.681 41.266 83.791 0.772 10.308 2.998 1.208 71.550 41.059 1.224 6.430 0.891 27.989 28.969 0.543 0.862 Canada 1.056 6.217 0.623 7.057 43.586
      463 words
    • 77 28 Sep 28 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) 0.***** 0.***** 0.***** 6 mths 0.***** 9 mths 1.***** 12 mths 1.***** SWAP
      77 words
    • 156 28 Sep2S Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2237 1.2252 0.8619 0.8622 Canadian dollar 1.2924 1.2942 0.9102 0.9107 Euro 2.0735 2.0759 1.4604 1.4609 NZ dollar 1.0129 1.0146 0.7134 0.7140 Sterling md 2.2522 2.2544 1.5863 1.586! US
      156 words
    • 141 28 Sep2B GOLD (USS/oz) Se, 25 Set 28 Hong Kong London 995.70 989.40 996.70 990.40 Sep 24 Sep 25 999.15 991.30 999.95 992.30 Source: Thomson Reuters CAST BAR (SJ) Sep 28 Buying Sellim Kilobar "48,782.37" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1
      141 words
    • 70 28 Sep2s\ Co iri iiuiii, yy.i (US$/tonne) Close Previous Cash 1781.65 1805.50 3 months 1815.00 1839.00 Copper, Grade A (US$/tonne) Cash 3 months 5975.00 5990.00 5944.25 5960.00 Lead (US$/tonne) Cash 2158.00 3 months 2185.00 2144.25 2171.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
      70 words
    • 73 28 Sep2S COCOA (Btonne) Close Prev Hii ih/Low Dec 09 2035 2015 2060/2007 Mar 10 2050 2031 2074/2027 May 10 2066 2048 2087/2041 Jul 10 2019 2007 2040/2001 COFFEE (US$/tonne) Close Pev High/Low SepO9 1390 1389 1393/1382 Nov09 1400 1400 1415/1381 Jan 10 1424 1426 1440/1400 SUGAR (US tonne) White
      73 words
    • 2426 28 BONDS, WARRANTS EXTENDED SETTLEMENT Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2036 Advance SCT Ltd W*****9 4 0.5 1 1 15 87 15 4.13 1150 14.00 56 11 Allgreen Properties.ES.0910 AscendasREIT.ES.0909 117 172 8756 Asiatic
      2,426 words

  • Page 29 Advertisements
    • 2633 29 The Business Times Shipping Times I Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE OlIDI«lf Q-ltHI«ll€llf Destination Destination Oil Vl jf UdlUI Ud]f STXPOTBN RTM/ANR/TIL MATHIOS NOL/CDN g^. g± A I Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia lillllwll I lIV OA Oil I~ O IliiyW Ull
      2,633 words

  • Page 30 Advertisements
    • 4196 30 T^V IP EASTERN CAR LINER, LTD I iß«raM*»i»r lemur |fflß Uf—^Z— i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS B^EB MJUJlHtillUiim I I -iTi^nr s? jj 5? I Ss4tt I t^Jt I I— berjaya n IT/09 027T0 oiTio belitung/pkl.balam ■n■ I LUNAAZUL 98 35 80 09/10 12/10 PRIM 4
      4,196 words

  • PROPERTY
    • 728 31 Bloomberg Broker attributes surge to shortage of prime properties [LONDON] Luxury-home prices in central London rose 4 per cent in the third quarter from the previous three months as buyers competed for fewer properties, Savills pic said. Houses and apartments worth more than £1
      – Bloomberg; BLOOMBERG FILE PHOTO  -  728 words
    • 807 31 Bloomberg [LONDON] Fergus Wilson, the ex-mathe-matics teacher dubbed Britain's buy-to-let "king", says he is selling 700 rental properties before interest rate rises bring "slaughter" to landlords in the UK housing market. Mr Wilson, who together with his wife Judith rank among the 1,000
      – Bloomberg  -  807 words
    • 483 31  -  UMA SHANKARI CBRE raises total sales forecast for 2009 to $7.5b from $2b 3 months ago By Source: THE investment sales market continued to improve in Q3, boosted by a large number of good class bungalow (GCB) transactions, according to a new report. Total
      CB Richard Ellis  -  483 words
    • INDUSTRIAL SPACE
      • 937 32 JTC pushes on with infrastructure and facility development at the 300-hectare site to host aerospace businesses and services. THE economic downturn may have slowed things down for the aviation industry, but it has yet to stop work at the upcoming Seletar Aero+sPace (SAP). Construction is
        937 words
    • 927 33 Sales of industrial space are at their lowest since 2000, while rents slide, but the worst may be over, says DOMINIC PETERS most economic indicators point to an improvement, the industrial property market remains depressed today as the weak business environment is likely to persist,
      FILE PHOTO  -  927 words
    • 1225 33 Bloomberg Home prices 26% up this year, erasing Q4 '08 post-Lehman loss [HONG KONG] Hedge fund manager Pan Lin Feng and two friends sensed opportunity when Hong Kong property prices plunged 20 per cent last year after Lehman Brothers Holdings Inc collapsed.
      Bloomberg  -  1,225 words
  • Page 31 Advertisements
    • 2 31 BBSDSB SEBES333
      2 words
    • 331 31 We Are The Property Arm Of A SGX-Listed I^J^B "^"^S^S<\ One of the last large plots in Katong Company With Diverse Interests In Retail, Property And Financial Businesses. B8k:% Bournemoutn Rd" exclusive and quiet SB Lancl area 24' 44^ sf; wide frontage We are looking for residential and/or commercial sites
      331 words

  • Page 32 Advertisements
    • 182 32 This series is brought to you by Corporation 4 J\£ SdOM, fau> +4P*<* *>A When Old-World Charm Meets New Edge Technology Seletar Aero+sPace (SAP) looks set to being a world-class aerospace park. Spanning 140 hectares, the dedicated aerospace park will host a wide range of activities including: aerospace maintenance, repair
      182 words


  • Article, Illustration
    1567 34 With data pointing to a recovery, it's timely to recall investment basics before jumping in. JUST a few months ago, most people were afraid of losing their wealth. Today, many are afraid of losing out on the market run, whether in property or stocks. The temptation to
    FILE PHOTO  -  1,567 words
  • Page 34 Advertisements
    • 28 34 PRIVILEGE INSIGHTS This is the fourth of an eight-part advertorial series brought to you by UOB Privilege Banking I p_ ■l_.. i RI v ILEGE -HH-UOB il ff
      28 words