The Business Times, 29 December 2009

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Microfilm: NL30339
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 The Business Times Ssl.oo online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Tuesday, December 29,2009
    23 words
  • Article
    Lock icon Govt loan schemes to offer cushion for another year
    1065 1  -  ARTHUR SIM Extension to ensure SMEs have access to credit, but terms tweaked to account for improving economy By [SINGAPORE] Despite the economic recovery, business can still count on a helping hand from the government in 2010. The Ministry of Trade
    1,065 words
  • Article
    Lock icon Labour movement goes on the jobs offensive
    500 1  -  CHUANG PECK MING Fresh strategy aims to bring jobless rate down to under 3% By [SINGAPORE] From saving jobs in the past year, the labour movement is shifting gear to join the global move in taking the offensive to create more jobs next
    500 words
  • Article, Illustration
    Lock icon Terrace prices are king among landed homes
    1005 1  -  KALPANA RASHIWALA For 4 years running their prices have been most resilient, Credo study finds By Source: [SINGAPORE] Landed home prices have largely continued to rise this year in the five most popular districts despite price fatigue setting in for condominiums and apartments.
    Credo Real Estate, URA Realis, Dec 23, 2009  -  1,005 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      44 1 SMEInc PROPERTY RETAIL IS^^S OPINION 1 W Penetrating the More investment US holiday shoppers j Farewell to a decade when BSSI massive China market deals above 100 m spend a little more Ep'JlSiO nothing good happened PAGE 9 PAGE 26 PAGE 12 PAGE 18
      44 words
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  • TOP STORIES
    • Article
      Lock icon The S'pore way to save jobs pays off: NTUC
      435 2  -  CHUANG PECK MING Despite sharper GDP fall than in previous recessions, fewer workers retrenched By [SINGAPORE] Singapore seems to be getting better and better at saving jobs in a downturn. The latest slowdown was the worst since the 1929 Great Depression,
      435 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Govt loan schemes offer cushion for another year
        60 2 THE Ministry of Trade and Industry yesterday announced that the government will extend for another year the financing schemes under the Special Risk-Sharing Initiative and the enhancements to existing financing schemes that were introduced at the onset of the global economic downturn.
        60 words
      • Article
        Lock icon Labour movement goes on the jobs offensive
        68 2 FROM saving jobs in the past year, the labour movement is shifting gear to join the global move in taking the offensive to create more jobs next year. The attack will be concentrated on two fronts to keep up with the economic recovery
        68 words
      • Article
        Lock icon Terrace prices are king among landed homes
        66 2 LANDED home prices have largely continued to rise this year in the five most popular districts despite price fatigue setting in for condominiums and apartments. A caveats analysis by Credo Real Estate shows that prices of terrace houses have been the most resilient
        66 words
      • Article
        Lock icon The S'pore way to save jobs pays off: NTUC
        63 2 SINGAPORE seems to be getting better and better at saving jobs in a downturn. Despite the sharper fall in GDP in more recent recessions, including the latest slowdown, the number of workers axed as a result has been falling, according to
        63 words
      • Article
        Lock icon A little debt is good for you: bank investment chief
        57 2 USING leverage, or borrowing money to invest, may be out of fashion after the financial crisis, but it is a crucial part of a strategy to protect financial portfolios from inflation, says Frederic Lamotte, chief investment officer of private bank
        57 words
      • Article
        Lock icon Hatoyama promises to end wasteful spending
        52 2 FACED with a record budget deficit and Japan's biggest public borrowing requirement, Prime Minister Yukio Hatoyama's government will move aggressively in the New Year to end wasteful spending and find "hidden" sources of revenue, a senior Ministry of Finance official promised yesterday. TOP STORIES,
        52 words
      • Article
        Lock icon KepLand buys Shenyang site for 2nd township project
        64 2 KEPPEL Land has embarked on a second township development in Shenyang, China, announcing yesterday the acquisition of a 30.3 hectare site for 884 million renminbi (SslB2 million). KepLand, through its Da Di Investment unit, will develop the site into a residential township
        64 words
      • Article
        Lock icon MapletreeLog buys $68m warehouse in Japan
        61 2 MAPLETREE Logistics Trust acquired its ninth piece of property a warehouse in Japan for about $68 million, announced its managers, Mapletree Logistics Trust Management Ltd, yesterday. The warehouse has a property yield of 7.26 per cent, higher than the implied property yield of its
        61 words
      • Article
        Lock icon Overwhelming demand for two Dawson BTO projects
        66 2 TWO highly anticipated public housing projects in Dawson estate have drawn overwhelming response, with some flats close to 12 times over-subscribed. The 1,718 flats at SkyVille@Dawson and SkyTerrace@Dawson in Queenstown offered by the Housing and Development Board under the build-to-order scheme had received
        66 words
      • Article
        Lock icon Tighter airline security may dampen travel
        51 2 TIGHTER security measures at US airports following an attempt to blow up a Detroit-bound jet could dampen enthusiasm for air travel, hurting the airline industry just as it seemed poised to recover from a period of bruising losses, some industry experts say. AVIATION/SHIPPING, PAGE
        51 words
      • Article
        Lock icon Big deals dominate property investment sales
        75 2 THE trend of small deals dominating property investment sales deals in Singapore seen in the first three quarters of this year is reversing, according to DTZ Research. There were eight transactions above $100 million each this quarter accounting for 77 per cent of the
        75 words
    • Article, Illustration
      Lock icon A little debt is good for you, says Credit Agricole Suisse investment chief
      756 2  -  CONRAD TAN Some leverage needed to hedge against inflation By [SINGAPORE] Using leverage, or borrowing money to invest, may be out of fashion after the financial crisis, but it is a crucial part of a strategy to
      AFP  -  756 words
    • Article, Illustration
      Lock icon Wall Street bulls forecast interest rate hike in H2 2010
      849 2 Reuters But sceptics expect Fed to keep rates on hold much longer [WASHINGTON] Wall Street's raging bulls may be getting ahead of themselves. From the first inklings of US economic growth after the deepest recession since the *****, some investors
      – Reuters; REUTERS  -  849 words
    • Article, Illustration
      Lock icon Japan PM pledges to rein in waste to fight fiscal crunch
      621 3  -  ANTHONY ROWLEY By He will find 'hidden' sources of revenue, says Finance Ministry official in Tokyo FACED with a record budget deficit and Japan's biggest public borrowing requirement, Prime Minister Yukio Hatoyama's government will move aggressively in the New
      BLOOMBERG  -  621 words
    • Article, Illustration
      Lock icon Work strain lands finance minister in hospital
      409 3 Bloomberg [TOKYO] Japanese Finance Minister Hirohisa Fujii, 77, has been admitted to hospital for high blood pressure and exhaustion following work on the government's budget, a finance ministry official said. Mr Fujii will be hospitalised for about 10 days, said the official, who
      Bloomberg  -  409 words
    • Article, Illustration
      Lock icon Global construction industry upbeat about prospects
      485 3  -  UMA SHANKARI Most optimistic are contractors in Asia, KPMG survey finds By [SINGAPORE] The fourth edition of KPMG's Global Construction Survey found that despite the deepest recession in 60 years, the construction industry is surprisingly positive about its future prospects. Almost two-thirds, or 64
      :KPMG  -  485 words
    • MARKETS DIGEST
      • Article
        Lock icon FOREX
        45 3 IS$ (S$ per US$) 1.406 (US$/S$ per 1.596 2.243 :URO (US$/S$/E) 1.438 2.022 Foreign currency per US$ S$ 'EN 91.50 65.10 3.428 2.438 IK$ 7.756 5.517 !AHT 33.42 23.77 lUPIAH 9,448 6,720 lENMINBI 6.829 4.857 INDIAN RUPEE 46.54 33.10 1.127 0.802 IZ$ 1.412 1.004
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      • Article
        Lock icon STOCK INDICES
        44 3 1 COMP 1,272.73 +8.79 IIKKEI225 10,634.23 +139.52 IANG SENG 21,480.22 -36.78 SET INDEX 733.71 +3.30 JAKARTA COMP 2,509.69 +34.81 1ANILACOMP 3,032.84 +8.51 ;eoulcomp 1,685.59 +3.25 iHENZHEN B 614.45 +7.20 IUMBAI IND Closed 11am EST Change )OW 10,531.28 +11.18 IAS DAI 2,291.11 +5.42
        44 words
      • Article
        Lock icon PRIME RATES
        29 3 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 14.817 TAIWAN 4.696 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 11.75 Source:
        Bloomberg  -  29 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      83 3 (D Deep ocean beckons Gifts begin their long journey A new box today What the box brings, is what the ocean brings. That's what goes on our menu, and onto your plate. Japan's freshest, most exquisite unknown awaits you at the rooftop of Orchard CentraL JBat Welcome to Kuriya Penthouse,
      83 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Genting in play amid thin trading
      574 4  -  R SIVANITHY STOCKS Gains in Singapore Airlines, banks also boost STl's rise; second line activity patchy A SUDDEN burst of interest in Genting Singapore's shares helped put 17.98 points points on the Straits Times Index yesterday, helping it rise to 2,855.68 in an otherwise
      Bloomberg  -  574 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      94 4 Up Down Unch Up Down Unch Up Down Unch lulti Ind 15 1 1 0 0 0 15 1 1 lanufacturing 88 27 59 96 29 67 Commerce 35 24 39 11 29 "pt/Stor/Comms 27 28 10 ■inance 22 23 instruction 11 12 'roperties 25 13 10
      94 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      107 4 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 23,193 23,193 31,509 31,509 lanufacturing 230,869 37,539 268,408 119,803 2,083 121,886 lommerce 211,271 11,294 222,565 94,167 1,946 96,113 'pt/Stor/Comms 78,230 941 79,171 100,907 173 101,081 :i nance 14,031 10 14,041 70,351 70,352 lonstruction 42,185 3,285 45,470 11,619 89 11,709
      107 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      101 4 lapitaLand 4.170 lapitaMall 1.790 +0.020 jtyDev 11.440 lomfortDelGrc 1.610 losco Corp 1.140 +0.050 IBS Grp 15.160 +0.100 :&N 4.160 +0.010 ienting SP 1.240 +0.070 iolden Agri 0.495 +0.005 IK Land 4.750 -0.030 IMH 30.360 +0.180 ISH 17.960 +0.200 lardineC&C 26.220 +0.320 Ceppel Corp 8.230 +0.050 IOL
      101 words
    • Article
      Lock icon BROKERS' TAKE
      870 4  -  CONRAD TAN Raffles Education Corp Dec 28 close: $0.40 DBS GROUP RESEARCH, Dec 24 RAFFLES Education announced on Dec 23 that it has signed a non-binding term sheet with ISS (International School Singapore) and Oriental Century Limited (OCL), Raffles Education's 29.92 per cent owned associate. The ISS Group
      870 words
    • Article, Illustration
      Lock icon Yen slips, US$ firm in holiday-thinned trade
      505 4 Reuters CURRENCIES [LONDON] The yen fell yesterday, while the US dollar held near recent highs as risk appetite remained robust in holiday-thinned trade as equities and commodities gained ground. Trade was thin around Europe as the UK was closed for a public holiday.
      – Reuters; REUTERS  -  505 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 4 CLOSE BT OB/OS 250.00+212.0 BT CADI -*****.00 +220.0 BT 10-day MA -*****.00 +25.00 FTSE ST Mid Cap 686.51 +6.22 FTSE ST Small Cap 535.24 +6.67 FTSE ST All Share 703.90 +4.96 FTSE ST China Top 277.98 +4.71 FTSE ST China 295.72 +1.57 FTSE ST Catalist 1204.75 +19.92
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 4 VOLUME Gentinq SP 132,575,000 Ocean us 99,493,000 BanJoo 55,033,000 Midas 25,431,000 RafflesEdu 23,961,000 Starhill Gbl 23,109,000 Q&M Dental 20,838,000 Golden Aqri 16,143,000 BanJoo W*****2 15,778,000 Sinotel Tech 15,066,000 VALUE(S) Gentinq SP 162,580,130 Ocean us 40,361,985 StraitsAsia 29,715,840 Olam 27,183,050 Midas 23,169,465 DBS Grp 21,562,900 CapitaLand 21,545,560 SIA
      56 words
    • Article
      Lock icon RISES
      106 4 BY CENTS CLOSE UP ***** 254.3 1.7 GLD 10US$ DBXT FTVietnam 10US$ 4412 130.7 2.2 DBXT MSEuroi 10US$ 4361 101.2 1.7 OCC3.93% NCPS10 8400 98.0 1.2 Jardine C&C 2622 32.0 1.2 JSH 1796 28.1 1.1 SIA 1466 28.0 1.9 JMH 3036 25.3 0.6 SIA 200 1462 24.0 1.7 Asia
      106 words
    • Article
      Lock icon FALLS
      110 4 CLOSE DOWN 5358 -32.3 -0.4 DBXT S&P Short 10US! DBS Bk6% NCPS 10 ***** -20.0 -0.2 OUE 913 -5.0 -0.5 HKLand 475 -4.2 -0.6 Cai iland.ES.0912 415 -3.0 -0.7 MOIL 145 -2.8 -1.4 BakerTechW/*****3 25 -2.0 -7.4 Deloni 88 -2.0 -2.2 GuocoLand Ltd 222 -2.0 -0.9 SC Global W*****0
      110 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      85 4 Dec 28 %CHNG CLOSE FRD«24 YR2009 S$ LOW S$ HIGH USS 1.4061 0.09 1.5579 1.3800 Euro 2.0231 -0.26 2.0952 1.9150 Pounds 2.2465 0.12 2.4366 2.0356 AS 1.2482 -0.58 1.2942 0.9453 Yen* 1.5362 0.07 1.7278 1.4831 Rill liah* 0.***** -0.13 0.***** 0.***** Baht* 4.2105 0.25 4.3390 4.1040
      85 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon KepLancTs 2nd Shenyang township
      370 5  -  VINCENT WEE The 30.3 ha site will have 6,000 waterfront flats, commercial components By KEPPEL Land has embarked on a second township development in Shenyang, China, announcing yesterday the acquisition of a 30.3 hectare site for 884 million renminbi (SslB2 miUion). KepLand, through its Da Di
      370 words
    • Article, Illustration
      Lock icon Tiger Airways a different animal from SIA
      637 6  -  NISHA RAMCHANDANI AS THE first local low-cost carrier (LCC) to list on the Singapore Exchange, Tiger Airways' IPO next year could give investors here a very different kind of exposure to the aviation industry from Singapore Airlines. Tiger lodged its preliminary prospectus with
      BLOOMBERG  -  637 words
    • Article
      Lock icon Mapletree buys $68m warehouse
      358 6  -  JOYCE HOOI The warehouse in Japan has a property yield of 7.26% By MAPLETREE Logistics Trust acquired its ninth piece of property a warehouse in Japan for about $68 million, announced its managers, Maple tree Logistics Trust Management Ltd (MLTM), yesterday. The warehouse has a property
      358 words
    • Article, Illustration
      Lock icon Midas venture clinches 1.56b yuan deal
      432 6  -  FELDA CHAY We are optimistic that NPRT will continue to be a key beneficiary of the fast-growing railway market in China.' Mr Chew By MIDAS Holdings Ltd's joint venture company, Nanjing SR Puzhen Rail Transport (NPRT), has secured a 1.56 billion yuan (Ss32l million)
      FILE PHOTO  -  432 words
    • Article
      Lock icon Falmac plans to hive off textile unit
      296 6  -  WINSTON CHAI By LOSS-MAKING knitting machine maker Falmac is looking to stem the bleeding by cutting loose one of its key businesses. The Catalist company, which incurred a loss of $3.22 million in 2008, said in a regulatory filing yesterday that it plans
      296 words
    • Article, Illustration
      Lock icon New China QDII funds may struggle to attract investors
      751 7 FUND WATCH Unhappiness with such products, growing appeal of alternatives cited [SHANGHAI] China's first overseas investment fund in 17 months, designated to invest in Asian stocks, is set for a lukewarm reception from mainland investors due to their unhappy experience with
      AP; Reuters  -  751 words
    • COMPANY BRIEFS
      • Article
        Lock icon OCBC pumps 60m yuan into South China Trust
        95 7 OCBC Bank said it has invested 60 million yuan (5512.35 million) for a 19.99 per cent stake in South China Trust Co Ltd (SCTCL), consisting of 60 million shares at a price of one yuan each. SCTCL is newly incorporated in Nanchang,
        95 words
      • Article
        Lock icon IFS Capital unit applies for IPO listing on SET
        87 7 IFS Capital said its subsidiary IFS Capital (Thailand) Public Co, has submitted its application to the Securities Exchange Commission in Thailand to list its shares on the Stock Exchange of Thailand. If successful, the initial public offer (IPO) will potentially result
        87 words
      • Article
        Lock icon EMS Energy, Eco Water start legal proceedings
        103 7 EMS Energy said the company and its subsidiary, Eco Water Technologies (M) Sdn Bhd have started legal proceedings on Dec 4 in the High Court of Johor Bahru, Malaysia against Wong Fook Ming, Wong Kirn Sang and Nah Kee Wee. The company is
        103 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      330 5 "£k£ TJ N n E RWA T r R Worn D >*K£>^C& X <€SCAPE SSSmSkttir THFRIT7PARTTOY WSUmUS W Singapore o^\,tei., t ,,,.fi. t CfflEgl Hit/ 1 Mb tVIIZ.-^AKLIUJN BWPVMPI A Member Of The* Sbl*ui(*r Group -j j millenia Singapore Singapore Century Square HougangMall A >L^JkJ Yacacia KcwlW i^^i^J. Restaurant in
      330 words
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      2141 6 IN THE MAnER OF IN THE MATTER OF THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 AND AND IN THE MAnER OF IN THE MATTER OF CHAMBERLAIN PTE LTD CIMNET PTE LTD (IN MEMBERS' VOLUNTARY (IN MEMBERS' VOLUNTARY LIQUIDATION) LIQUIDATION) [Co. Reg. No. *****0034Z) (Co. Reg. No. *****5229
      2,141 words
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      Lock icon Page 6 Advertisements Column 2
      549 6 IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND IN THE MATTER OF SINOR INVEST PTE LTD (IN PROVISIONAL LIQUIDATION! (Company Registration No. *****5863K) NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATOR Take notice that Mr. Lav Chin Huat care of E Shenton Way #32-00, DBS Building Tower Two, Singapore *****9
      549 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      1143 7 C&G Industrial Holdings C&G INDUSTRIAL HOLDINGS LIMITED (Incorporated in Bermuda on 24 September 2004) (Company Registration No. *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting ("SGM") of C&G Industrial Holdings Limited (the "Company") will be held at Suntec Singapore, International Convention Exhibition Centre,
      1,143 words
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      Lock icon Page 7 Advertisements Column 2
      1807 7 rm WEARNES WBL CORPORATION LIMITED Bu ,d,^H.H»,..o™.^Fu,™ (Incorporated in Singapore) (Company Registration Number: *****0028Z) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 95th Annual General Meeting of the stockholders of WBL Corporation Limited will be held at 65 Chulia Street #50-00, OCBC Centre, Singapore *****3 on Friday,
      1,807 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Two Dawson BTO projects see overwhelming demand
      427 8  -  UMA SHANKARI Some flats were 12 times oversubscribed at the close of applications By TWO highly anticipated public housing projects in Dawson estate have drawn overwhelming response, with some flats close to 12 times over-subscribed. The 1,718 flats at SkyVille@Dawson and SkyTerrace@Dawson in
      FILE PHOTO  -  427 words
    • Article
      Lock icon Bid for 99-year Sengkang residential site
      395 8  -  UMA SHANKARI Analysts expect 2-3 times the committed bid of $70m for site By A 99-YEAR leasehold residential site in Sengkang has been triggered for sale from the government's reserve list. The plot, at the junction of Sengkang West Avenue and Fernvale Link, will
      395 words
    • Article
      Lock icon Pro-family firms to enjoy more govt funding
      500 8  -  FELDA CHAY By BUSINESSES that embark on initiatives to target families, rather than the individual to form their customer base stand to enjoy greater funding from the government, as it seeks to encourage firms here to be pro-family. The Businesses for Families Council
      500 words
    • Article
      Lock icon Race info required for birth registration
      160 8 THE Immigration and Checkpoints Authority (ICA) said yesterday that from Jan 2, parents will be required to fill in an additional field under "Race" in a child's Birth Report Form. The change gives couples in mixed-race marriages the flexibility and choice to decide and
      160 words
    • Article
      Lock icon Economic recovery just a mirage on the horizon?
      425 8  -  JOYCE HOOI By WHEN more accountants start worrying less about the economy, it may be a sign for the rest of the world to exhale too. Clouding the sunny horizon, however, are a few accountants who have chosen to hold their breath.
      425 words
    • Article, Illustration
      Lock icon November visitor arrivals jump 8.4%
      342 8  -  NISHA RAMCHANDANI By BETTER late than never, as they say. Visitor arrivals to Singapore grew at the strongest rate this year in November, climbing 8.4 per cent from 12 months earlier to 830,000, according to figures released yesterday by the Singapore Tourism Board (STB). Visitor-days
      AFP  -  342 words
    • Article, Illustration
      Lock icon Kenson Kwok retires on Dec 31
      334 8 KENSON Kwok, director of the Asian Civilisations Museum (ACM) and the Peranakan Museum (TPM), will retire on Dec 31. In a statement yesterday, the National Heritage Board (NHB) did not name a successor but said NHB chief executive Michael Koh will temporarily cover Dr
      334 words
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  • SMEInc
    • Article, Illustration
      Lock icon Penetrating the massive China market
      1219 9 Primefield CEO Florence Tay succeeded with drive and a clear vision of the future, reports KAREN NG EFORM is China's second A revolution," Deng Xiaoping famously claimed, and opened up China's vast economy to the A world, where since then, A many have been under
      YEN MENG JIIN  -  1,219 words
    • Article
      Lock icon Portfolio gains 1.6% but loses to STI
      385 9  -  TEH HOOI LING By IT was quite a good two weeks for our small cap portfolio for it advanced by 1.6 per cent. Unfortunately that paled slightly when compared with the 2 per cent gain in the Straits Times Index. Small caps are
      385 words
    • Article, Illustration
      Lock icon Grandwork selling eco-friendly plans
      858 10 Interior design and furnishing firm hoping to raise $8-10 million to produce eco and health-friendly products, reports CHEN HUIFEN GRANDWORK Interior has exciting plans on the drawing board and is looking for backing to help turn them into tyTo cater to rapidly growing interest in eco-friendly
      FILE PHOTO  -  858 words
    • Article, Illustration
      Lock icon Tips for employers preparing to report staff earnings
      552 10  -  001 BOON JIN LIANG MUN CHUAN Highlighted are some areas of tax filing less familiar to small and medium enterprises By and AS we draw the curtains on another year, employers should start preparing for statutory reporting of employees' remuneration for next
      FILE PHOTO  -  552 words
    • Article, Illustration
      Lock icon Gaylin turns crises into opportunities
      853 11 'We see Korea, China, India and the Middle East as future venues' Desmond Teo, managing director of Gaylin International The firm has grown from a small family start-up to become a leading industrial product/service provider, reports ZHANG JIAO HEN a downturn hits, canny businessmen take
      YEN MENG JIIN  -  853 words
    • Article, Illustration
      Lock icon Here's to a more productive, profitable, happy 2010
      1257 11 Jan G Vistisen Director Executives' Global Network Singapore Pte Ltd SOME of our corporate resolutions for the new year: We most definitely enter 2010 with a lot more enthusiasm and optimism than we entered 2009, but not as if the good old
      1,257 words
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      Lock icon Page 9 Advertisements Column 1
      654 9 f (Company Registration No. *****0007K) (Incorporated in Singapore) < Si Sl ASIA PACIFIC BREWERIES LIMITED NOTICE OF ANNUAL GENERAL MEETING DATE Friday 22 January 2010 PLACE Level 2, Alexandra Point, 438 Alexandra Road, Singapore *****8 NOTICE IS HEREBY GIVEN that the 76th Annual General Meeting of ASIA PACIFIC BREWERIES LIMITED
      654 words
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  • Page 10 Advertisements
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      370 10 In the Matter of The Companies Act (Chapter 50) And In the Matter of BIGSTON ELECTRONICS (S) PRIVATE LIMITED (In Creditors' Voluntary Liquidation) Reg. No. *****0714K NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the
      370 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Lock icon Page 11 Miscellaneous Column 1
      97 11 SME Next week's topic: "What do you think of the latest revisions to the government-backed loan schemes under which, among other things, the government's share of the default risk will be reduced? Are the revisions timely and justified?" If you are an SME owner or leader, we would like you
      97 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Holiday shoppers bring cheer to retailers
      798 12 -AP US sales rose 3.6% from Nov 1 to Dec 24, reports MasterCard Advisors [NEW YORK] US holiday shoppers spent a little more this season, according to data released yesterday, giving merchants some reason for cheer. The spending bounce means retailers managed to avoid
      -AP; AFP  -  798 words
    • Article
      Lock icon Nov output in Japan up for the 9th month
      637 12 Reuters Overseas demand makes double-dip recession unlikely [TOKYO] Japan's industrial output rose for the ninth consecutive month in November, the longest streak of gains in more than 12 years, driven by demand from the United States and Asia as well as
      – Reuters  -  637 words
    • Article
      Lock icon Japan's slow road to recovery
      482 12 AFP Key challenge now is to boost workers' productivity [TOKYO] It was an era of opulence in Japan, when the champagne flowed, firms were buying a slice of America and the grounds of the imperial palace were said to be worth more than the entire
      AFP  -  482 words
    • Article
      Lock icon Manila plans US$2b bond sale in Jan
      261 12 Reuters [MANILA] The Philippines is working on raising a total US$2 billion next month from a possible sale of bonds in US dollars or euro and in yen to finance part of its budget deficit in 2010, sources said yesterday. The government, one
      – Reuters  -  261 words
    • Article
      Lock icon Thai govt raises 2010 growth forecast to 3.5%
      242 12 Reuters [BANGKOK] Thailand's finance ministry raised its 2010 economic growth forecast to 3.5 per cent from 3.3 per cent seen in September and expected interest rates to rise in the second half of next year, a senior official said yesterday. The better
      – Reuters  -  242 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon PM Najib reflects on the year gone by on his blog
      569 13  -  LEE U-WEN He's happy that M'sians responded to efforts to explain value of 1 Malaysia By [SINGAPORE] Malaysian Prime Minister Najib Razak has penned his thoughts on the past 12 months, covering such topics as the 1 Malaysia concept,
      REUTERS  -  569 words
    • BRIEFLY ASIA
      • Article
        Lock icon Fubon gets nod to set up firm in China
        74 13 Reuters [TAIPEI] Fubon Financial, parent of Taiwan's No 2 life insurer, has won approval from China to set up a property insurance firm there, the first such approval after Taiwan signed a historical financial deal with China in November. The new
        – Reuters  -  74 words
      • Article
        Lock icon Delhi mulls rise in basmati export price
        64 13 Reuters [NEW DELHI] The Indian government is weighing whether to raise the minimum export price for aromatic basmati rice to ensure local supplies and rein in food prices, the Economic Times newspaper said yesterday India, the world's second-biggest rice producer, cut the minimum
        – Reuters  -  64 words
      • Article
        Lock icon GSK Indian ad may have violated rules
        48 13 Bloomberg [NEW DELHI] Glaxo SmithKline Pharmaceuticals Ltd, the Indian unit of the UK's biggest drugmaker, received a regulatory notice to explain its promotional campaign for cervical cancer vaccination that may have violated regulations. Under Indian law, companies cannot advertise prescription drugs.
        – Bloomberg  -  48 words
      • Article
        Lock icon China Minmetals buys into Hunan Nonferrous
        104 13 Reuters [HONG KONG] China Minmetals Corporation has agreed to take a 51 per cent stake in Hunan Nonferrous Metals Holding Group, making the state-owned ferrous and nonferrous metals trading house the largest producer of zinc and antimony in the country. Hunan Nonferrous is the
        – Reuters  -  104 words
      • Article
        Lock icon China to build natural gas storage facilities
        70 13 Reuters [BEIJING] China will start building storage facilities across the country for natural gas to avoid a recurrence of this winter's supply shortages at Chinese cities, Xinhua cited a top energy official as saying. "Natural gas consumption keeps expanding very fast while our
        – Reuters  -  70 words
    • Article, Illustration
      Lock icon Petronas wins right to supply subsidised fuel
      411 13 Reuters [JAKARTA] Indonesia's state oil firm Pertamina has lost its exclusive right to distribute subsidised oil products in 2010 after a unit of Malaysia's Petronas and a local firm won supply tenders, a regulator said yesterday. Petronas has won the right to distribute
      – Reuters; BLOOMBERG  -  411 words
    • Article
      Lock icon Jakarta sets job, poverty targets
      290 13 Xinhua [JAKARTA] Indonesia is aiming to reduce its unemployment rate to about 5 per cent in 2014, from the current figure of 7.87 per cent, on the back of good economic prospects, President Susilo Bambang Yudhoyono said here yesterday. Dr Yudhoyono, who was re-elected on
      – Xinhua  -  290 words
    • Article, Illustration
      Lock icon Having a puff in M'sia to cost more in 2010
      444 13  -  PAULINE NG Price of a 20-stick cigarette pack will be raised to RM6.40 By in Kuala Lumpur MALAYSIA will increase the minimum price of 20-stick cigarette packs to RM6.40 with effect from January 1, a move analysts said would be
      444 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Hatoyama to pursue thaw in India ties
      597 14 Reuters Japanese PM also keen to boost trade; India, in turn, wants details on foreign policy [NEW DELHI] Japan's prime minister, who has promised to forge a new place for East Asia in international diplomacy, opened three days of talks in India yesterday
      – Reuters; AFP  -  597 words
    • Article
      Lock icon Wen tells Tsang to solve Hong Kong 'contradictions'
      288 14 Bloomberg [HONG KONG] Chinese Premier Wen Jiabao has urged Hong Kong Chief Executive Donald Tsang to maintain stable economic growth next year and to address "deep-rooted contradictions in Hong Kong". Mr Tsang met Mr Wen and Chinese President Hu Jintao yesterday on
      – Bloomberg  -  288 words
    • Article
      Lock icon Why China needs flexible macro policy
      214 14 Reuters [BEIJING] China needs to keep its economic policies flexible to fight against excessive surges in asset prices and hot money inflows, a central bank adviser said over the weekend. China must watch closely for liquidity-driven asset price rises, though high inflation is unlikely
      – Reuters  -  214 words
    • Article
      Lock icon Chinese firms' net back on track in '09
      343 14 Reuters Industrial profit rose 7.8% in the first 11 months from 2008 [BEIJING] Profits at Chinese industrial companies returned to growth in January through November, ending a year of declines and offering clear evidence of a stronger recovery for the country's businesses.
      Reuters  -  343 words
    • Article, Illustration
      Lock icon Women pushing equality forward in India
      794 14 AFP But in rural areas, differences between the sexes still exist [MUMBAI] In her canaryyellow sari and gold earrings, with a pair of thinframed spectacles perched on her nose, Surekha Yadav could be any woman stepping down from the train at Mumbai's main railway
      AFP  -  794 words
    • Article
      Lock icon China CNR to list shares in Shanghai today
      304 14 Reuters [SHANGHAI] China CNR Corp, which raised 13.9 billion yuan (552.86 billion) in China's fourth-largest IPO this year, will begin trading on the Shanghai Stock Exchange today, it said in a notice in official newspapers yesterday. CNR which along with China South
      – Reuters  -  304 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Feds probing Stanford ties to lawmakers
      482 15 Reuters The authorities are investigating if he received favours from politicians [MIAMI] US federal authorities are investigating millions of dollars contributed by fraud suspect Allen Stanford and his staff to US lawmakers in the past decade, the Miami Herald reported on Sunday. The newspaper
      Reuters; REUTERS  -  482 words
    • Article, Illustration
      Lock icon Japan cosmetics firms bank on high-end products
      849 15 Reuters [TOKYO] Japanese main cosmetics firms' bet that their women customers will pay top dollar for antiageing creams have paid off and now all three may shift strategies to focus on recession-proof luxury items. Shiseido Co Ltd, Kao Corp and Kose Corp, Japan's
      Reuters; BLOOMBERG  -  849 words
    • Article
      Lock icon Agility in talks with US govt regarding fraud case settlement
      382 15 Reuters [KUWAIT] Kuwaiti logistics firm Agility said yesterday it was in talks with the US government regarding a settlement in a fraud case, but no deal has been reached yet. "A deal has not been reached until now, and there
      – Reuters  -  382 words
    • Article
      Lock icon Asean, partners sign Chiang Mai Initiative
      424 15 Members can tap the USsl2ob pool during turmoil [TOKYO] The Association of South-east Asian Nations (Asean), together with Japan, China, and South Korea, signed an agreement to create a US$l2O billion foreign currency reserve pool. The fund, known as the Chiang Mai Initiative, will
      424 words
    • Article, Illustration
      Lock icon New York's NY Eve ball gets new crystal
      239 15 [NEW YORK] The New Year's Eve crystal ball that drops in Times Square will have a new kind of sparkle when it descends at the stroke of midnight on Thursday, and revellers will be able to toast 2010 without popping a cork.
      -AP  -  239 words
    • Article
      Lock icon UBS whistleblower seeks to postpone prison term
      514 15 Reuters [MIAMI] A key informant in the US tax evasion case against Swiss bank ÜBS AG has asked a federal court in Florida to postpone the scheduled Jan 8 start of his prison term so that he can cooperate further with the US
      Reuters  -  514 words
    • Article
      Lock icon US universities' Dubai branches fight to survive
      761 16 -NYT As expats leave, the prospective pool of college students shrinks [NEW YORK] The collapse of Dubai's overheated economy has left the outposts of Michigan State University and the Rochester Institute of Technology in the United Arab Emirates struggling to attract enough qualified
      -NYT  -  761 words
    • Article
      Lock icon Russia launches new oil terminal
      332 16 Reuters [KOZMINO, Russia] Russia yesterday launched a new Pacific oil terminal that will allow the world's largest energy producer to conquer Asian markets and divert some Siberian crude flows away from Europe. "This is a great New Year present for Russia," Prime Minister Vladimir Putin
      – Reuters  -  332 words
    • Article, Illustration
      Lock icon FUN IS IN THE WRAPPER
      43 16 AP [MIAMI] Kumbuka, a 13-year-old female chimpanzee at Miami Metro Zoo, plays with the box she received for Christmas from her keepers. For the gorillas, their daily treat came in the form of a nicely wrapped Christmas gift.
      AP  -  43 words
    • Article, Illustration
      Lock icon Recession spills over into courts as human costs mount
      892 16 -NYT YEAR IN REVIEW Surge in suits over disputes, evictions, foreclosures [NEW YORK] New York State's courts are closing the year with 4.7 million cases the highest tally ever and new statistics suggest that courtrooms are now seeing the delayed result
      -NYT; REUTERS  -  892 words
    • Article
      Lock icon S Korea eyes Turkish nuclear plant deal
      440 16 -AFP Turkey is pushing to build four nuclear plants, each costing about USssb [SEOUL] South Korea is seeking a nuclear power plant contract in Turkey following its landmark US$2O.4 billion deal with the United Arab Emirates (UAE), an official said yesterday. "Nothing has
      -AFP  -  440 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Tighter airline security may dampen travel
      676 17 -Reuters This will hurt the industry just as it seemed poised to recover from losses [NEW YORK] Tighter security measures at US airports following an attempt to blow up a Detroit-bound jet could dampen enthusiasm for air travel, hurting the airline industry just as
      -Reuters; AFP  -  676 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2853 17 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:
      2,853 words
    • Article
      Lock icon Militants probe aviation security weak points
      791 17 Reuters ANALYSIS Planes remain iconic target of terrorists because of impact [LONDON] An attempted attack on a US plane on Christmas Day illustrates aviation's enduring need for vigilance against determined extremists constantly trying to outwit the industry's defences to inflict devastating harm. So strong
      – Reuters  -  791 words
    • Article
      Lock icon China Shipping Container to raise rates
      202 17 Bloomberg [SHANGHAI] China Shipping Container Lines Co, the nation's second-larg-est cargo-box carrier, plans to raise rates for hauling goods to the United States by as much as US$7OO per 40--foot box as it seeks to return to profit. The company will raise Asia-US rates
      Bloomberg  -  202 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        120 17 '000 :H Offshore Ihuan Hup Hldgs Iosco Corp :WT Ltd Ezra Hldgs rirst Ship Lease rreight Links jrand Banks lava Hold Ltd <1Ventures <eppel Corp Vlercator Lines V1TQ Corp MOL Pacific Shipping 3an-United Corp Rickmers Man iamudera Ship iembcorp Indust iembcorp Marine ipore Ship 0.66 0.34 1.14 0 74
        120 words
      • Article
        Lock icon KLSE
        32 17 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings PDZ Holdings 0.88 8.60 8.61 3.18 3.12 0.09 -0.01 unch 0.01 0.06 0.06 unch 68 23 25 59 13 639
        32 words
      • Article
        Lock icon BANGKOK
        12 17 '00 ■recious Ship Jegional Cont 18.40 10.10 0.10 0.10 419 80
        12 words
      • Article
        Lock icon HONGKONG
        11 17 '000 Doil ungamas Cont 36.10 ..1.12 0.45 405 -0.02 *****
        11 words
      • Article
        Lock icon PHILIPPINES
        22 17 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 8.80 22.50 unch unch -0.10 -0.25 unch unch 117 121 0 0
        22 words
      • Article
        Lock icon TAIPEI
        21 17 Evergreen Marine ...17.05 :irststeamship 47.70 /Van Hai Lines 16.45 fang Ming Marine...11.85 0.15 1.15 0.25 0.15 6 7 3 9
        21 words
      • Article
        Lock icon TOKYO
        41 17 '000 lec (en (awasaki Hvy Ind...236.00 (awasaki Kisen 271.00 Mitsubishi Hvy 329.00 tfitsui Eng&Sbldg...222.00 Osk Lines ....494.00 Nippon Express 380.00 Nippon Yusen 288.00 iource: Thomson Reuters 2.00 8029 7.00 5881 -2.00 ***** 2.00 3218 14.00 ***** 3.00 3449 4.00 *****
        41 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      218 17 CRYPTIC CROSSWORD Across ment (9) tv I. /c-\ 13 14 I Hl5 16 ship's rope (7) 27 Hot in leather, male (7) 8 Consideration shown by 24 Church council contributing 28 Put right about costume (7) some Yorkshire spectators to controversy, no doubt (5) (7) Down 14 T urm oi|
      218 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Reining in banking excesses
      494 18 THE conclusion of a recent UK think tank study that bankers' contribution to social value is hugely negative, must have startled some, especially in the banking industry, while not being much of a surprise to others. The New Economic Foundation's study, quite aptly titled A bit
      494 words
    • Article, Illustration
      Lock icon What the value of the US dollar really means
      1095 18  -  PAUL KENNEDY Bloomberg Currency movements seem to reflect relative national strengths and international crises By HOW is one to explain the wild gyrations in the international exchange value of the US dollar in recent times over the past year or so?
      Bloomberg; REUTERS  -  1,095 words
    • Article, Illustration
      Lock icon Farewell to a decade when nothing good happened
      825 18  -  PAUL KRUGMAN -NYT THE BOTTOM LINE MAYBE we knew, at some unconscious, instinctive level, that it would be an era best forgotten. Whatever the reason, we got through the first decade of the new millennium without ever agreeing on what to call
      -NYT  -  825 words
    • Article, Illustration
      Lock icon Fall-out of Obama health-care reforms
      1128 19  -  LEON HADAR Despite passage of Bill, intense political fight over issue has weakened public support for US president AFTER several months of nasty public debate and heated Congressional deliberations marked by the political rise of Tea-Party crowd and the notorious "birthers" and "deathers" the US
      REUTERS  -  1,128 words
    • Article, Illustration
      Lock icon The shadow players in Iran's turmoil
      907 19  -  SELIG S HARRISON -IHT By THE biggest threat to the ruling ayatollahs and generals in multi-ethnic Iran does not come from the embattled democratic opposition movement struggling to reform the Islamic Republic. It comes from increasingly aggressive separatist groups in the Kurdish, Baluch, Azeri
      -IHT; AFP  -  907 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8838 20 Transaction date: Dec 28 !-wks Tel Low Code Last Sale Vol C000) Hi; lay Low Bl .as1 Quote Div Seller C'vr Net P/E I Cap Sinil Hi. Col 18 3 3148 8Telecom 9.5 2.5 5834 A-Sonic 34 16 5000 ABRHIdgs 15.5 5.5 1938 AEI Corp 8 1 1100
      8,838 words
    • Article
      Lock icon SGX CATALIST
      1640 21 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net C000) High Low Buyer Seller C'vr P/E M Cap $mil 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Vld Net ('000) High Low Buyer Seller C'vr
      1,640 words
    • Article
      Lock icon SGX ETF
      412 21 Hii Low Code Conn Sale COOO) Hii Low Bui Seller C'vr P/E jffl 111 107 6389 ABFSG Bond ETF 109 819 427 CIMBAsean40 100US$ US811 290 149 DBSSTIETF100 289 +3 4627 3534 DBXT DJE50 10US$ US4335 3282 1682 DBXT FTChina25 10US$ US2975 5819 3228 DBXT FTVietnam 10US$ US4412
      412 words
    • Article
      Lock icon CLOB INTERNATIONAL
      262 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 offer
      262 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9394 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 2.163/ AIGIF Spore Bond Fund/A 1.381/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.18/ APS Alpha Fund (USD)!** 0.84/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt Spore Pte Ltd AXAWM -Talents
      9,394 words
  • Page 20 Advertisements
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      355 22 lex lam lam lant lam lant lam World Index Preliminary 835.3 0.4 23.2 0.2 24.1 0.4 27.3 EAFE Preliminai 783.6 0.5 20.7 0.2 24.1 0.4 27.2 Euro[ Prelim inan 1123.4 0.2 23.2 -0.1 27.2 0.2 30.' Pacific 627.0 1.1 16.4 0.7 18.4 0.9 2iy Far
      355 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 22 As at 9am Dec 28 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2330 1.2700 Can dollar 1.3320 1.3480 Euro 2.0100 2.0340 NZ dollar 0.9860 1.0070 iterlini ind 2.2320 2.2580 US dollar 1.3990 1.4150 Local dollars to 100 units of foreign
      131 words
    • Article
      Lock icon INTERBANK RATES
      178 22 Dec 28 fer Overnight 1/16 1 -month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 1/16 USS Offer PAR 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.25 0.29 0.35 0.37 0.55 0.90 1.00 Offer 0.20 0.24 0.25
      178 words
    • Article
      Lock icon STOCK INDEX FUTURES
      26 22 Dec 28 STI Dec 2856 2856 2856 SIMSCI Dec 342.5 344.3 343.8 Taiwan Dec 290.3 292.8 291.4 Source: MF Global (S) He. Ltd
      26 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 22 Dec 28 Bid Offer 1-month 1.4056 1.4070 2-months 1.4059 1.4075 3-months 1.4062 1.4077 6-months 1.4068 1.4084 Source: OCBC
      21 words
    • Article
      Lock icon PALM OIL
      61 22 Dec 24 Delivery Month Opening Range Sett Av Price Price Hii Vol Open Done Position Low Jan 10 2470 Feb 10 2491 Mar10 2512 Apr 10 2517 Total o/p: ***** contracts 2496 2512 2470 2537 2553 2491 2554 2573 2511 2554 2576 2517 Turnover: 8233 lots Market tone:
      61 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      333 22 Dec 28 OPEN HIGH LOW SET1 VOL OP/IN1 EURODOLLAR FUTURES Mar10 Jun10 Sep10 DedO 99.6250 99.3300 98.9450 98.5300 0 0 0 0 ***** 6508 3136 4799 EUROYEN TIBOR FUTURES Mar10 Jun10 Sep10 DedO Mar11 Jun11 Sep11 Dec11 99.6250 99.6600 99.6800 99.6700 99.5850 99.5600 99.5600 99.3650 0 0
      333 words
    • Article
      Lock icon SICOM FUTURES
      189 22 Dec 28 (UBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) 0/1 lots) Ian 10 287.0 =eb 10 282.5 Vlar 10 <\pr10 Vlay 10 292.0 lun 10 287.0 292.0 287.0 288.0 289.0 291.0 292.0 292.0 20 40 20 20 680 789 614
      189 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      85 22 Dec 28 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****V 01.04.2010 1-Year BY*****N 01.11.2010 0.55 0.55 0.54 0.53 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
      85 words
    • Article
      Lock icon CHICAGO BOT
      99 22 Dec 24 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 10 999.50 1001.25 1009.00 997.00 Mar 10 1008.00 1009.00 1017.00 1005.25 May 10 1014.50 1015.00 1025.50 1013.25 Jul 10 1019.50 1019.75 1027.25 1016.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Ian 10 38.46 38.08 38.89 38.00
      99 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      78 22 CRUDE OIL PRODUCTS Dec 24 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 74.78 -0.14 WTI (Near Mth) 77.78 1.43 Dubai (1 -Mth F) 75.08 2.16 Tapis blend 79.95 2.10 Minas 77.55 2.10 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 79.20 83.90 1.15 2.60 USS/barrel Opec
      78 words
    • Article
      Lock icon INTERBANK CROSS RATES
      448 22 Dec 28 Iuro ren ton •eso Earn toum wstralia 0.931 6.060 0.617 6.883 41.300 83.842 0.812 10.384 3.042 1.253 74.630 41.122 1.248 6.709 0.920 28.651 29.657 0.556 0.887 Canada 1.074 6.506 0.663 7.390 44.341 90.015 0.872 11.149 3.266 1.345 80.126 44.150 1.339 7.203 0.988 30.761 31.841 0.597
      448 words
    • Article
      Lock icon SIBOR
      77 22 Dec 28 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 1.***** 3 mths 0.***** 0.***** 6 mths 9 mths 12 mths 0.***** 0.***** 0.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 0.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs
      77 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 22 Dec 28 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2468 1.2484 0.8873 0.8875 Canadian dollar 1.3385 1.3404 0.9526 0.9529 Euro 2.0204 2.0233 1.4378 1.4384 NZ dollar 0.9945 0.9969 0.7077 0.7087 Sterlini 2.2420 2.2448 1.5955 1.595' US
      157 words
    • Article
      Lock icon PRECIOUS METALS
      135 22 Dec 28 /oz) tec tec -long Kong 1111.30 1102.20 .ondon Dec 24 Dec 23 1101.35 1092.60 1102.35 1093.40 Source: Thomson Reuters CAST BAR (S$) Dec 28 Buying Sellim Kilobar "53,846.68" ***** PAMP GOLD BARS (S$) Selling Buying gm jgm Ogm !0gm iOgm OOgm oz ozUBS Kinebar™ 120.91 342.4
      135 words
    • Article
      Lock icon LONDON METALS
      66 22 Dec 24 luminium, 99.7 jritv (USS/tonne) Co Close Previous :ash 2218.10 2219.01 months 2255.00 2256.01 Copper, Grade A (USS/tonne) ;ash months 7035.50 7070.00 6965.25 7000.00 .ead (USS/tonne) :ash 2320.02 months 2349.50 2300.25 2330.50 lickel (USS/tonne) ]ash I months *****.00 *****.01 *****.00 *****.01 'in (USS/tonne) '.ash months *****50 *****.01
      66 words
    • Article
      Lock icon LIFFE
      76 22 Dec 24 (£/tonne) Close Prev Hii ih/Low Vlar 10 2242 2231 2245/2233 Vlay 10 2261 2248 2261/2253 lul 10 2235 2228 2236/2228 iep10 2207 2199 2211/2205 IOFFEE (USS/tonne) Close Pev High/Low Ian 10 1287 1295 1299/1284 Vlar 10 1327 1335 1342/1325 Vlay 10 1363 1370 1374/1362 SUGAR (US tonne)
      76 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2273 22 BONDS, WARRANTS EXTENDED SETTLEMENT Tel Code Company Prem Expiry Tel Last Vol Conv Exer Disc Gear- Mths Code Company Sale +or- ('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 1 15 6 5.67 53 2036AdvanceSCTLtdW*****9 0.5 1 87 1844 9.00 8 8756#AsiaticGrp(H) LtdW*****2 9 1 3 1.33 9 4105#Asiatravel
      2,273 words
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  • Page 23 Advertisements
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      Lock icon Page 23 Advertisements Column 1
      2579 23 The Business Times Shipping Times OSffWam——l—Ml Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE OIIOPII COtllVHOll Destination Destination OilVlll wdllUlUdjf STXPOTBN RTM/ANR/TIL STXPO TBN NOL/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia I Hillwll I IHf VA Oil O UiljJW Ull II ]|b MIDDLE-EAST SERVICE -^F^^gEJEHigj Destination
      2,579 words
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  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      4597 24 WF^WB BIBSWBISISISB In t eastern car liner, ltd lll^^SlilJliED UL_s^—l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS |HM BjjH|||Ml|l|ii|U lll!Jll!J|:Hi:l'ilJ^^^^^B I inp(KT) I Lilting(KT) I SIN I PKL I JKT I SUR I KCH IKK I Bl >l'lff >Ifl Wj IllMlfflll'illW HPMSRVICE FMX and SMX SERVICE Connecting EMC SERVICE
      4,597 words
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      Lock icon Page 24 Advertisements Column 2
      19 24 LA/VI Doris Shipping Agency PteLtd DORIS SHIPPING AGENCY Singapore 65 6222 6000 Email-cs@dsaspl.com Port Klang 603 *****300 Email pklcus@dsaspl.com
      19 words
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  • PROPERTY
    • Article, Illustration
      Lock icon French hotels polish their stars
      559 25 The new upgraded rating criteria will apply to 18,000 hotels across France [PARIS] France, the world's top tourism destination, is polishing up its hotel star ratings and introducing a new luxury five-star category to help travellers know what to expect. The new rating criteria will
      REUTERS  -  559 words
    • Article
      Lock icon UK house prices fall 1.9% y-o-y in Dec
      295 25 Reuters [LONDON] The year-on-year fall in house prices in England and Wales eased to 1.9 per cent in December, the smallest annual drop since May 2008, property data company Hometrack said yesterday. However, the monthly pace of house price rises suffered a
      – Reuters  -  295 words
    • Article
      Lock icon Kuwait's KFH signs US$242m real estate deal in US
      150 25 [KUWAIT] Kuwait Finance House (KFH), the country's biggest Islamic lender, said it signed a US$242 million real estate deal in Chicago. KFH owns 95 per cent of the project, while the remaining 5 per cent is owned by Prism Company, the
      150 words
    • Article
      Lock icon Native Americans buy back thousands of hectares of land
      1023 25 AP The land where their ancestors lived are put in federal trust [OMAHA, Nebraska] Native American tribes tired of waiting for the US government to honour centu-ries-old treaties are buying back land where their ancestors lived and putting it in federal
      AP  -  1,023 words
    • Article
      Lock icon More investment deals worth above $100m
      705 26  -  KALPANA RASHIWALA They account for 77% of total transactions, valued at $2.5b, in Q4 By THE trend of small deals dominating property investment sales deals in Singapore seen in the first three quarters of this year is reversing, according to DTZ Research. There were
      705 words
    • Article
      Lock icon Taiwan property market may improve: survey
      245 26 [TAIPEI] Two out of five Taiwanese companies expect the island's property market to improve in the first quarter as the economy recovers, twice as many as those forecasting a decline, the government said. Of the 141 companies surveyed between Nov 12 and Dec 7,
      245 words
    • Article, Illustration
      Lock icon Two HK waterfront sites miss targets in auction
      876 26 Sino Land, X Wah paid HKslo.4b for 20,925 sqm plots [HONG KONG] Sino Land Co and X Wah International Holdings Ltd together paid HK$lO.4 billion (Ssl.9 billion) for two waterfront sites in Hong Kong's New Territories, falling short of estimates for the
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      43 25 IFH- -tfej^g^^S- Newsman Sole Marketing Agent 19,000sqft Spacious Road Designed by award-winning firm K2LD •11 .OOOsqft Living Space Modern accents reflected throughout Sumptuous Interiors with Luxury Large Professional Equipped Kitchen Bathrooms Sweeping Greenery View from Rooms Private Pool and Pavilion Asking $26.8 M
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      167 25 s4o£^z~==^^^^r~TL I Pr'me Residential Site y^V^^^^x^^^v^^^V^^v^lQ Site Area 208,475 sq ft P^^^^VM^ -P'o« 1.4 '^^MM^MY^^m L^Si^t Exclusive Bukit Timah Area l^^//r^kTHr^^ Walking distance to Upcoming /10 MRT station i m^iT *****^^^5^: **'ose to Prestigious Schools S Polytechnic f] \3\ II o n ;^-rj jpr MjUHxitei v Tender Closing on z"""
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      397 25 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OLYMPIC SHIPPING PTE. LTD. (MEMBERS' VOLUNTARY LIQUIDATION) REG NO. *****3753 D NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Temasek Avenue, #36-01, Millenia Tower, Singapore *****2
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