The Business Times, 23 March 2010

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Total Pages: 39
1 40 The Business Times
  • 22 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Tuesday, March 23,2010
    22 words
  • 706 1  -  Others may follow India’s move to suck out liquidity; what will MAS do? By CONRAD TAN [SINGAPORE] Stock markets in Asia stumbled yesterday after an earlier-than-expected hike in interest rates by India reminded investors that the unusually low rates which prevailed through the
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  • 140 1 ST INDEX 2,889.18 (-26.52) ST INDEX FUTURES 2,889 (-27) SIMSCI 342.69 (-3.32) SIMSCI FUTURES 342.70 (-3.80) FOREX US$ S$ US$ (S$ per US$) 1.400 (US$/S$ per 1.497 2.096 EURO (US$/S$/E) 1.352 1.892 Foreign currency per US$ S$ YEN 90.60 64.70 RM 3.320 2.371 HK$ 7.762 5.544 BAHT 32.34
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  • 825 1  -  Obama’s healthcare bill victory may drive insurers and pharmas to tap markets here By CHEN HUIFEN [SINGAPORE] As US President Barack Obama savoured a slice of history yesterday by pushing his US$940 billion healthcare bill through the House of Representatives, Asia has
    REUTERS  -  825 words
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    • 117 1 HOCK LOCK SIEW Some ‘Seah divestment magic’ ahead at DBS? PAGE 6 RETAIL Robinsons may head for heartland malls INVESTING IN INDIA A BT supplement on India’s special economic zones PAGES 25-27 PAGE 11 SME INC Racer Tech develops rapid HIV test-kit for poor countries PAGE HIGHLIGHTS Have property prices
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    • 75 1 Depuis 1775 wm v > 6 o 31 <» 5* Ol y> <a j o s§§$S k O O \0 *p< -> tt CP g£o sv 4 ft: «*S m M n r-i. w www.breguet.com Breguet Boutique 328 North Bridge Road, #01-18 Raffles Hotel Arcade Singapore, +65 6338 6006 GENEVA
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    • 13 1 COMMENTARY Healthcare win gives Obama new momentum PAGE 28 MORE REPORTS PAGE 24
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  • TOP STORIES
    • 540 2 Yes he can, and Asia may ride ripple-effect AS US President Barack Obama savoured a slice of history yesterday by pushing his US$940 billion healthcare bill through the House of Representatives, Asia has reason to smile as well. The bill, which will extend healthcare to millions more Americans,
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    • 555 2  -  Several players have entered market ahead of new terminal opening By RONNIE LIM [SINGAPORE] The big boys such as Russia’s Gazprom, which has just set up operations here are eyeing trading liquefied natural (LNG) gas here, just as Singapore prepares to break
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    • 604 2 Reuters [SHANGHAI] Four Rio Tinto executives on trial in China, including Australian Stern Hu, have pleaded guilty to taking bribes, while contesting the amounts, lawyers at the hearing said yesterday. Hu and three Chinese employees of giant miner Rio Liu Caikui, Ge Minqiang and
      Reuters; BLOOMBERG  -  604 words
    • 467 4  -  S’pore operation, helmed by ex-RBS Coutts man, now eyeing new business By CONRAD TAN [SINGAPORE] Swiss private bank BSI has launched an aggressive strategy to expand in Asia, using Singapore as a base. The bank, part of Italy’s Generali insurance group, made
      BLOOMBERG  -  467 words
    • 264 4 Bloomberg [HANOI] Emerging Asia is expected to grow at more than twice the pace of the global economy this year, led by China and India, International Monetary Fund (IMF) official John Lipsky said. The economy of “the world’s most dynamic region” will
      Bloomberg; BLOOMBERG  -  264 words
    • 499 4  -  Investors ready to pay more for safer earnings: analyst By CONRAD TAN [SINGAPORE] Lower returns on equity for banks may not necessarily mean lower share prices for them in the long run, according to JP Morgan’s global head of research Nick O’Donohoe.
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    • 600 4  -  But sharp easing in Q4 sales may signal recovery this year By CHUANG PECK MING [SINGAPORE] American investors dumped Singapore stocks despite the recovery in global equity markets late last year and were pumping money in markets elsewhere in Asia and the
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    • 288 4 Bloomberg [BANGKOK]Thailand’s government will present a plan in two months to “create a level playing field” for telecoms companies that includes possible compensation for changes to concessions, Prime Minister Abhisit Vejjajiva said. Prosecutors will make a decision at that time on whether to seek
      Bloomberg  -  288 words
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    • 408 2 KPMG Seminar Series SINGAPORE Date Wednesday, 21 April 2010 Time 9.00am to 5.30pm Venue Shangri-La Hotel, Singapore Seminar Fees Client SS480.00 per participant KPMG Alumni SS480.00 per participant Non-client SS550.00 per participant The fee is inclusive of GST at the prevailing rate, seminar materials, lunch and refreshments. Registration kpmg.com.sg/seminar Closing
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    • 251 2 mm field el the e ing Excellence Across the Board Ross is now the only business school worldwide in the Top 10 of BusinessWeek's rankings for Executive Education, EMBA, MBA and BBA programs, and we are honored having facilitated over 200 open enrolment and customized programs for over 8,000 executives
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    • 143 5 OCBC Bank THE ASIAN BANKER EXCELLENCE IN I RETAIL FINANCIAL SFftVTr r I AWXYd~S Best Retail Bank Sing apore iflmi k WE V Putting our customers first has helped us to be The Best Retail Bank in Singapore for 2 years in a row. r VI 1 J: Greater convenience
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  • COMPANY NEWS
    • 381 6/7  -  Bourse rejects application for trading resumption, six-month extension By TEH SHI NING MEMORY Devices is the latest of several companies to face a compulsory delisting. The troubled tech firm has been ordered by the Singapore Exchange (SGX) to delist by April
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    • 377 6/7  -  By CONRAD TAN DBS Group’s return on equity (ROE) is likely to get the biggest boost of the three Singapore banks as loanloss provisions fall and an uptick in business spending fuels demand for loans, Citigroup analysts reckon. “DBS is typically a
      377 words
    • 746 6/7  -  HOCK LOCK SIEW By SIOW LI SEN PETER Seah is unlikely to enjoy much of a honeymoon when he settles into the chairman’s seat at DBS Group Holdings on May 1. The economy may be humming and while fears of a double-dip in
      746 words
    • 493 6/7  -  But quality rigs likely to command at least 10% price premium By VINCENT WEE THE jackup rig market is about to be hit by oversupply but there is a premium to quality rigs built by established Singapore companies such as Keppel Offshore and Marine and
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    • 354 6/7  -  By OLIVIA HO STRUCTURAL steel specialist TTJ Holdings is launching its initial public offering of 110 million new shares at 20 cents each, in conjunction with its listing on the main board of the Singapore Exchange. The new shares represent about
      354 words
    • 351 6/7  -  By VINCENT WEE RICKMERS Maritime Trust has had its auditors PricewaterhouseCoopers come out to issue a disclaimer on its full-year results because of unresolved loan negotiations with its banks. Rickmers has bank borrowings of US$128.7 million, unfulfilled capital commitments of US$138.0 million for not taking
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    • 354 6/7  -  Rights to luxury brand cover North, South-east Asia By ARTHUR SIM GOT $1 million (800,000 Swiss francs 800,000) to splurge? FJ Benjamin has secured the exclusive rights to luxury timepiece brand DeWitt and the watches will soon be available here. FJB CEO Nash Benjamin
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    • 395 9  -  TDRs representing up to 30m new shares will broaden shareholder base By KAREN NG SUPER Coffeemix has proposed to offer and list Taiwan Depository Receipts (TDRs) representing up to 30 million new shares on the Taiwan Stock Exchange (TSE). The company has an
      395 words
    • 429 9  -  By LYNETTE KHOO C&G Industrial Group has secured two new built-oper-ate-transfer projects in Fujian province to treat solid waste with an estimated total cost of investment of 600 million yuan (S$122.6 million). These projects, located in Nanping city and Jianyang city, are slated for completion
      429 words
    • 295 9  -  By VINCENT WEE SINGAPORE’S smaller oil and gas players are continuing to make small inroads into regional markets. Technics Oil and Gas boosted its activities in the Indonesian market with an initial $6.2 million deal for a gas compressor package for a major
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  • SINGAPORE MARKETS
    • 618 8  -  Softness shown by index also spreads to broad market with only 114 rises versus 278 falls, excluding derivatives STOCKS R SIVANITHY Senior Correspondent A SHARP drop in Hong Kong and weakness in the US futures market meant the Straits Times Index, which
      Source: Bloomberg  -  618 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 11 3 0 0 0 2 11 3 Manufacturing 40 65 69 6 10 8 46 75 77 Commerce 14 26 22 0 7 2 14 33 24 Tpt/Stor/Comms 5 26 11
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    • 117 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN SDQ TOTAL Multi Ind 18,876 18,876 51,343 51,343 Manufacturing 286,575 13,711 300,286 169,606 779 170,385 Commerce 73,746 7,130 80,876 133,200 1,861 135,061 Tpt/Stor/Comms 76,008 498 76,506 121,285 59 121,344 Finance 32,056 32,056 236,014 236,014 Construction 25,785 10,918 36,703 7,287
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    • 111 8 Stock name Close Change CapMallsAsia 2.310 -0.080 CapitaLand 4.020 -0.020 CapitaMall 1.850 +0.040 CityDev 10.680 -0.120 ComfortDelGro 1.540 -0.030 DBS Grp 14.360 +0.240 F&N 4.450 Genting SP 0.940 -0.020 Golden Agri 0.560 -0.005 HK Land 4.900 -0.030 JMH 34.540 -0.460 JSH 19.860 +0.060 Jardine C&C 26.880
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    • 434 8  -  March 22 close: $8.97 DMG PARTNERS SECURITIES, March 22 BROKER’S TAKE Compiled by LYNETTE KHOO TAKING 10 per cent stake in new shipyard in Azerbaijan; maintain “buy”: Keppel Corp announced that it has entered into a joint venture (JV) with State Oil Company of Azerbaijan Republic (SOCAR) and
      434 words
    • 248 8  -  CHART POINT By KEN TAI Senior Technical Strategist KELIVE RESEARCH (Part of the Kim Eng Group) PREVIOUSLY, we had expressed our doubts over the sustainability of the global equity markets following the broad based sharp rises. Technically, we see a rising wedge pattern forming in
      Source: Bloomberg  -  248 words
    • 539 8 CURRENCIES Reuters [LONDON] The euro slipped to a three-week low against the US dollar yesterday, pressured by uncertainty about whether Greece would be able to secure aid this week to help service its ballooning debts. Traders were jittery before the March 25-26 summit
      Reuters; REUTERS  -  539 words
    • 4 8 DAILY
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    • 64 8 Mar 22 VALUE CLOSE BT OB/OS 221.00-289.00 BT CADI -*****.00-151.00 BT 10-day MA -*****.00 +22.00 FTSE ST Mid Cap 692.00 -4.09 FTSE ST Small Cap 550.02 -6.81 FTSE ST All Share 712.24 -6.32 FTSE ST China Top 280.38 -2.52 FTSE ST China 297.85 -2.07 FTSE ST Catalist
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    • 56 8 VOLUME Genting SP 73,433,000 Eastgate Tech 58,966,000 Golden Agri 44,013,000 Healthway 34,320,000 Z-Obee Hldgs 14,375,000 Scintronix 13,263,000 SingTel BNPeCW*****3 13,208,000 Ezion 12,641,000 EuNetworks 12,235,000 Noble Grp 12,181,000 VALUE($) DBS Grp 82,980,490 UOB 79,344,260 Genting SP 69,480,465 OCBC Bk 41,833,340 Noble Grp 40,994,980 JSH 36,565,311 CapitaLand 35,811,770 SingTel
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    • 116 8 BY CENTS CLOSE UP DBXT MSAsExJp 10US$ 2810 67.2 1.7 DBXT S&P Short 10US$ 5180 61.6 0.9 STXPO 100 1546 46.0 3.1 OCC 5.1% NCPS 100 ***** 36.0 0.4 UOB 5.05%NCPS 100 ***** 30.0 0.3 DBS Grp 1436 24.0 1.7 Venture Corp 877 11.0 1.3 DairyFarm 648 9.8 1.1
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    • 122 8 BY CENTS CLOSE DOWN GLD 10US$ *****-190.3 -1.2 DBXT Nifty 10US$ *****-106.3 -0.6 DBXT FTVietnam 10US$ 4451 -98.0 -1.5 DBXT FTChina25 10US$ 2914 -79.8 -1.9 JMH 3454 -64.4 -1.3 UOB.ES.1003 1920 -44.0 -2.2 Lyxor China H 10US$ 1550 -42.0 -1.9 Jardine C&C 2688 -38.0 -1.4 STI 2900 DBePW*****1 10
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    • 87 8 Where S$ stands Mar 22 CHNG YR 2010 CLOSE FR Mar 19 S$ LOW S$ HIGH US$ 1.4023 -0.50 1.4219 1.3953 Euro 1.8966 0.00 2.0153 1.8959 Pounds 2.1032 0.52 2.2776 2.0848 A$ 1.2781 0.47 1.2923 1.2276 Yen* 1.5486 -0.38 1.5927 1.5027 Rupiah* 0.***** -0.28 0.*****# 0.***** Baht* 4.3341 -0.35
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      179 words

  • SINGAPORE
    • 430 10  -  Programmes include code of practice for ISPs, cyber security portal for students By ONG BOON KIAT INTERNET service providers (ISPs) will soon have to abide by a new code of practice and face a government audit that checks for their security preparedness. And school
      430 words
    • 247 10 Yam Ah Mee to take over when Tan Boon Huat retires on June 1 PEOPLE’S Association chief executive director (CED) Tan Boon Huat will retire on June 1. He will be succeeded by Yam Ah Mee, now chief executive of the Land Transport
      FILE PHOTOS  -  247 words
    • 460 10  -  Temper public opinion with data, says Tan Khee Giap By TEH SHI NING SINGAPORE needs to push on with growing its economy and not be “too apologetic nor too defensive” about the number of foreign workers needed to attain that growth,
      460 words
    • SINGAPORE ROUNDUP
      • 50 10 THE Monetary Authority of Singapore granted ICICI Bank’s Singapore branch Qualified Full Banking (QFB) privileges yesterday. ICICI Bank, the second largest bank in India, expects the privileges to further strengthen its footprint in the corporate, commercial, wealth management and direct banking services in Singapore.
        50 words
      • 50 10 BNP Paribas has joined Credit Bureau (Singapore) Pte Ltd as an associate member. It joins the 20 banks and financial institutions that are existing members in sharing and accessing a comprehensive repository of credit-related information, helping them to make lending decisions quickly and more objectively.
        50 words
      • 83 10 WITH effect from April 1, the duty-free allowance for liquor will be changed to allow for an additional one litre of wine or one litre of beer in lieu of one litre of spirits. The new allowance provides more choices to travellers when
        83 words
    • 525 11  -  Owner in talks with landlords; group also updating product range By UMA SHANKARI THE well-loved Robinsons department stores could soon be in Singapore’s heartland malls. The brand’s owner Al-Futtaim Group is in talks with landlords here to take up space at one of
      FILE PHOTO  -  525 words
    • 372 11  -  By CONRAD TAN STANDARD Chartered Bank has appointed V Shankar as chief executive officer of its operations in the Middle East, Africa, the Americas and Europe from May 1. Mr Shankar, a Singaporean based here who also serves as the bank’s executive chairman
      372 words
    • 205 11 THE Land Transport Authority (LTA) announced changes to existing road construction specifications to allow the use of recycled waste materials as alternatives to natural raw materials for use in road construction. Previously, road construction made use of a mixture of bitumen and natural granite aggregates.
      205 words
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  • SME Inc
    • 653 12  -  Spring Singapore and IE Singapore have programmes for budding firms in this specialised industry, report EILEEN TAY and ABIGAIL KOR EILEEN TAY,ABIGAIL KOR HAILED as an immensely promising sector with huge growth potential, the medical technology (medtech) industry has aroused lots of interest among Singapore
      653 words
    • 565 12  -  Racer Tech ties up with Cambridge University By EILEEN TAY HOME-GROWN Racer Technology has collaborated with Cambridge University to design and develop a rapid HIV test-kit aimed at poor countries where medical services are lacking and HIV is rampant. What makes the kit unique is that
      JOHN HENG  -  565 words
    • 609 12  -  By ABIGAIL KOR SINGAPORE’S ambition to become the “Biopolis of Asia” an international biomedical sciences cluster requires establishing key building blocks in various related sectors, one of which is medical technology (medtech) industry. As far back as a decade ago, the Economic Development Board was
      609 words
    • 796 13  -  It will maintain its upmarket positioning while it expands, reports UMA SHANKARI UMA SHANKARI SPA outlets are a dime a dozen in Singapore nowadays and the industry is thriving. But that was not the case 13 years ago, when the fledgling St Gregory was
      796 words
    • 1240 14 It’s essential for all SMEs to measure it correctly and manage it wisely in order to survive and thrive COMMENTARY LIQUIDITY risk is the risk that a business will have insufficient funds to meet its financial commitments in a timely manner. The two
      1,240 words
    • 362 14  -  By ABIGAIL KOR INNOVATION starts with small steps, especially by small enterprises that don’t have the money to be radical, says a brand strategy consulting specialist. Wilson Chew is group principal consultant and chief executive of StrategiCom, which recently released the results of a national
      362 words
    • 733 15 THIS WEEK’S TOPIC To help SMEs develop competencies to meet the stringent manufacturing quality and certification requirements of MNCs, a $250-million Partnerships for Capability Transformation (PACT) programme will be introduced to help SMEs with expenses related to such activities. This will be part of the
      733 words
    • 437 15  -  By TEH HOOI LING STOCKS managed to keep some of their gains from last week despite the sharp sell-off yesterday. Our small cap portfolio edged up 0.3 per cent in the week to yesterday compared with the 0.5 per cent advance in the Straits Times Index.
      437 words
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      164 words

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    • 260 15 Voices The topic for next week is: SGX chairman JY Pillay said recently that small and medium-size enterprises should introduce good governance early, before trying to list. This will help them adapt and evolve practices best suited to their needs, instead of having “cookie cutter” practices thrust on them, he
      260 words

  • ECONOMY WATCH
    • 742 16 Remark adds to uncertainty over Greece’s ability to pay massive debts Bloomberg [BERLIN] Germany’s Chancellor on Sunday squelched talk that a bailout might be discussed at this week’s European summit, adding to uncertainty over Greece’s ability to pay its massive debts.
      Bloomberg; AFP  -  742 words
    • 366 16 Bloomberg Reuters [BEIJING] Initiatives to curb imports are rising around the world, threatening “disastrous consequences”, the head of the Organisation for Economic Cooperation and Development said yesterday. “It is getting ugly out there,” OECD secretary-gen-eral Angel Gurria said in a speech at a forum
      Bloomberg; Reuters  -  366 words
    • 260 16 Bloomberg [TOKYO] Japan may provide unlimited guarantees for Samurai bond sales by foreign governments as it seeks to expand the yen capital market, according to two people with direct knowledge of the matter. The state run Japan Bank for International Cooperation (JBIC) may extend
      Bloomberg  -  260 words
    • 249 16 Reuters [HANOI] Vietnam faces the risk of asset bubbles and price busts similar to 2008, though it may maintain economic growth, a senior World Bank official said here yesterday. Decisive steps helped tame soaring inflation in 2008, and then the authorities
      Reuters  -  249 words
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    • 494 16 mmm THE MONETARY AUTHORITY OF SINGAPORE APPLICATION FOR TAXABLE BOOK-ENTRY SINGAPORE GOVERNMENT BONDS TENOR TOTAL AMOUNT OFFERED MINIMUM DENOMINATION MAS' INTENDED TENDER AMOUNT" ISSUE CODE ISIN CODE ISSUE DATE/SETTLEMENT DATE MATURITY DATE* COUPON RATE YIELD AND PRICE COUPON PAYMENT DATES* FIRST COUPON PAYMENT DATE* METHOD OF SALE COMPETITIVE APPLICATIONS NON-COMPETITIVE
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  • MALAYSIA/INDONESIA
    • 64 17 [KUALA LUMPUR] Hot air balloons flying over a lake on the outskirts of Malaysia’s administrative capital Putrajaya last Thursday, the first day of the 2nd Putrajaya International Hot Air Balloon Fiesta. Some 22 hot air balloons took part in this annual event with participants coming from countries
      AP  -  64 words
    • 285 17 Move to address concerns raised over controversial bailout Reuters [JAKARTA] Indonesia plans changes to its financial regulatory system, a government minister said yesterday, to address concerns raised by the parliament’s inquiry into a controversial bank bailout. “The government, together with parliament, will propose to
      Reuters  -  285 words
    • 304 17 Reuters [JAKARTA] Indonesia’s central bank reiterated yesterday that interest rates were likely to be kept unchanged this year owing to benign inflationary pressures, a view far more dovish than most market analysts. “We expect inflation to be within its target range this
      Reuters  -  304 words
    • 610 17  -  It dismisses concerns over forex reserves, says outflows reflect investments abroad By S JAYASANKARAN in Kuala Lumpur A BRITISH securities house Barclays Capital has come out with a roseate report on Malaysia with expectations of higher growth, a lower budget deficit; even an
      610 words
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  • GREATER CHINA
    • 829 18 Increase due to surge in refinery output and net fuel imports Reuters [BEIJING] China’s implied oil demand rose 19.4 per cent in February over a year earlier, the second fastest rise on record, fuelled by record refinery output and a surge in net
      Reuters  -  829 words
    • 562 19 Foreign firms fear they are being shut out due to Beijing’s buy local policy Bloomberg [BEIJING] China’s new rules to encourage homegrown technology are eroding sales at US companies and raising concern that these losses may multiply, according to an American Chamber of
      Bloomberg  -  562 words
    • 341 19 It is an element of monetary, fiscal action: IMF’s Lipsky Reuters [HANOI] China’s controversial currency policy is best considered in a broad, global context, and while policy changes are ultimately made at the national level, they are never made in a vacuum, a
      Reuters  -  341 words
    • 463 19 Bloomberg [HONG KONG] Hong Kong and Taiwan told residents to reduce outdoor activities as air pollution hit records in the wake of a weekend sandstorm that swept across northern China. Hong Kong’s Air Pollution Index rose to 413 at the Mong
      Bloomberg; AFP  -  463 words
  • Page 18 Advertisements
    • 1606 18 FIRST SHIP LEASE TRUST (a business trust constituted on 19 March 2007 under the laws of the Republic of Singapore) MANAGED BY FSL TRUST MANAGEMENT PTE. LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****2265R (as Trustee-Manager of First Ship Lease Trust) NOTICE OF ANNUAL GENERAL MEETING OF
      1,606 words
    • 1543 18 FIRST SHIP LEASE TRUST (a business trust constituted on 19 March 2007 under the laws of the Republic of Singapore) MANAGED BY FSL TRUST MANAGEMENT PTE. LTD. (Incorporated in the Republic of Singapore) Company Registration No. *****2265R (as Trustee-Manager of First Ship Lease Trust) NOTICE OF EXTRAORDINARY GENERAL MEETING OF
      1,543 words

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  • GREATER CHINA/INDIA
    • 831 20 Apart from cloudy outlook for global growth, labour costs are rising fast [BEIJING] China accumulated currency reserves last year at the rate of more than US$50 million an hour. That alone seals the case for a stronger yuan. Its trade surplus fell 34
      AFP  -  831 words
    • 327 20 Reuters [BANGALORE] The OECD has been in contact with China over revaluing its currency, the yuan, in order to contain long-term inflation but the decision to proceed is China’s, deputy secretary general Richard Boucher said yesterday. Mr Boucher said the Organisation for Economic Cooperation
      Reuters  -  327 words
    • 393 20 Stalled bills, reluctant allies part of its problems Reuters [NEW DELHI] The Indian government’s ambitions to boost economic growth through pro-market legislation may be sinking into parliamentary quicksand amid a slew of stalled bills, reluctant allies and an emboldened opposition. The ruling Congress party has seen
      Reuters  -  393 words
    • 324 20 Bloomberg [NEW DELHI] India must aim to slow inflation to an “acceptable” level of 5 per cent to 6 per cent, Montek Singh Ahluwalia, a top economic adviser to Prime Minister Manmohan Singh said, after policy makers unexpectedly boosted rates. The Reserve Bank of
      Bloomberg  -  324 words
    • 110 20 Reuters [MELBOURNE] Arrow Energy Ltd agreed to sell its Australian coal-seam gas assets to Royal Dutch Shell and PetroChina for a sweetened US$3.1 billion, giving resource-hungry China its first bite of Australia’s burgeoning coal-seam gas industry. The revised takeover offer, which needs approval from Australian
      Reuters  -  110 words
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    • 1734 20 [SATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg LERENO BC Investing in the Next (feneration LERENO BIO-CHEM LTD. (Incorporated in the Republic of Singapore) (Company Registration Number: *****1961C) ADJUSTMENT TO THE EXERCISE PRICE AND/OR THE NUMBER OF WARRANTS OUTSTANDING PURSUANT TO THE PROPOSED RIGHTS ISSUE 1. INTRODUCTION The Board of Directors
      1,734 words

  • ASIA-PAC/WORLD
    • 582 21 Government expresses concern after several grenade attacks AFP Bloomberg [BANGKOK] Thailand’s government yesterday extended a tough security law and armed personnel guarding key sites, raising the stakes in a stand-off with thousands of red-clad protesters. The “Red Shirts” loyal to deposed former premier Thaksin Shinawatra,
      AFP; Bloomberg  -  582 words
    • 398 21 Reuters [HONG KONG] A move by Thailand’s central bank to raise interest rates at its next policy meeting would not be a surprise decision, according to the country’s finance minister. Finance Minister Korn Chatikavanij said he expected South-east Asia’s sec-ond-largest economy to
      Reuters  -  398 words
    • 341 21 Reuters [SINGAPORE] Japanese steelmakers and iron ore miners have reached a tentative deal to adopt short-term contracts linked to the spot market, ending the decades-old annual benchmark system, the Financial Times said yesterday. “There is an understanding on both sides to move to quarterly
      Reuters  -  341 words
    • 216 21 AP [ZURICH] Swiss banking giant Credit Suisse Group has placed very tight restrictions on travel by its employees to visit clients in Germany. Bank officials said on Sunday that they have had no contact from German authorities about any investigation of possible tax evasion by
      AP  -  216 words
  • Page 21 Advertisements
    • 1850 21 Cap/taMalls Asia CAPITAMALLS ASIA LIMITED (Regn. No.: *****3169H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the STI Auditorium, 168 Robinson Road, Level 9, Capital Tower, Singapore *****2 on Monday, 12
      1,850 words

  • WORLD
    • 565 22 It’ll give incentives to firms for infrastructure, green energy projects Bloomberg [LONDON] UK Chancellor of the Exchequer Alistair Darling will propose this week a £2 billion (S$4.2 billion) fund to encourage corporate investment, said a person with knowledge of the plan,
      Bloomberg; REUTERS  -  565 words
    • 521 22 Reuters AFP [INDIAN WELLS, California] Tiger Woods is apprehensive about the reception that he will get from the fans at next month’s US Masters when he returns to the PGA Tour from selfimposed exile. The American world No 1 has not competed since his
      Reuters; AFP  -  521 words
  • Page 22 Advertisements
    • 3767 22 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. I ILL iS I ILL CHINA XLX FERTILISER LTD. 41 g| '\> i k BE ■M PS W] (Incorporated in the Republic of Singapore on 17 July 2006) (Company Registration No. *****0384G) Singapore Stock Code: B9R.SI Hong Kong Stock Code: ***** NOTICE OF
      3,767 words

  • Page 23 Advertisements
    • 3492 23 Keppel T&T Keppel Telecommunications Transportation Ltd Co Reg No: *****0115G (Incorporated in the Republic of Singapore) Notice of Annual General Meeting/Closure of Books ALL MEMBERS ARE CORDIALLY INVITED TO ATTEND the annual general meeting of Keppel Telecommunications Transportation Ltd (the "Company") to be held at Swissotel Merchant Court, Singapore, Ballroom
      3,492 words

  • US HEALTHCARE BILL
    • 1064 24 The healthcare industry gets a boost with more Americans being able to afford hospital stays, doctors’ visits, medication, devices NYT [WASHINGTON] WITH a sweeping overhaul of the US healthcare system, Congress would be giving the healthcare industry as many as 32 million additional paying customers
      NYT  -  1,064 words
    • 695 24 Bloomberg [WASHINGTON] Barack Obama achieved what every Democratic president since Harry Truman has attempted when the House of Representatives passed a healthcare overhaul. Now, he’ll find out what price he and his party may pay for the victory. The bill’s passage, which
      Bloomberg; AFP  -  695 words
    • 536 24 Direct lending cuts middlemen, saves US$61 b in 10 years LAT-WP [WASHINGTON] Legislation hailed by supporters as the most significant changes to college student lending in a generation was included in the healthcare reform legislation taken up by the House of Representatives on
      LAT-WP  -  536 words
    • 633 24 Bill will tax the wealthy and subsidise health cover to millions Bloomberg [WASHINGTON] President Barack Obama said on the campaign trail in October 2008 that he wanted to “spread the wealth around”. With Mr Obama on the verge of signing sweeping healthcare overhaul
      Bloomberg  -  633 words

  • INVESTING IN INDIA
    • 953 25  -  Offering a number of incentives, these zones make good entry points to India, writes AMIT ROYCHOUDHURY AMIT ROY CHOUDHURY INDIA’S growth over the past decade has been consumption-driven in sharp contrast to China, which has seen an unprecedented in-vestment-driven growth over the past
      BLOOMBERG  -  953 words
    • 199 25 Message from Singapore’s Minister for Trade and Industry Lim Hng Kiang: “SINGAPORE has had our fair share of experience with Special Economic Zones (SEZ), given our involvement in the pioneering efforts of the Suzhou Industrial Park, the Batam and Bintan SEZs and the Vi-etnam-Singapore Industrial
      199 words
    • 902 26 With 105 operational SEZs and 300 more coming up, investors have a plethora of different locations, industry and facilities to choose from INDIA has around 105 special economic zones (SEZs) that are currently operational. Besides these there are more than 300 others
      AFP  -  902 words
    • 334 26 AS the second-fastest growing major economy after China, India presents major opportunities for investment. Its gross domestic product is US$1.2 trillion to US$1.3 trillion. GDP grew 6.7 per cent in 2008-09 and is forecast to grow 7.5 per cent in 2009-10. GDP and per capita income
      334 words
    • 1141 27  -  India’s High Commissioner to S’pore tells NOMITA DHAR why the time is ripe to seek opportunities in the country’s special economic zones NOMITA DHAR The writer is editor-in-chief at Singapore-based Sun Media Pte Ltd THE High Commissioner of India to Singapore, Dr TCS
      1,141 words
  • Page 25 Advertisements
    • 162 25 Lend wings to your business Sri City presents the perfect launchpad World-class Infrastructure. Tax Benefits. Simplified Processes. 1 INDIA 4 C OD ANDHRA PRADESH Ambathur I LUdU' v. J m Chennal Legend w Chennal Airport <v Sriperambudur 'Js National Highway Railway Lino Stale Boundary S«a Port Air Port QJT companies
      162 words

  • Page 26 Advertisements
    • 309 26 Krishnapatnam Infratech Private Limited Nellore District, Andhra Pradesh, India. •a V ii it ANDHRA PRADESH Promoted by, Navayuga Engineering Company Limited MULTIPRODUCT SPECIAL ECONOMIC ZONE About Krishnapatnam Infratech Private Limited Krishnapatnam Infratech Private Limited is promoted by the Rs.30, 000 Million Navayuga Group which has interests in Ports, Infrastructure Development,
      309 words

  • Page 27 Advertisements
    • 153 27 Gujarat Vittal Innovation City A Hi-Tech Special Economic Zone Promoted by EMPI Vittal Centre INNOPOLIS Consortia GIDC, Government of Gujarat The Unique Model V M C? j A 1 vS? r K V, rr: r >5 e /v s CQ India's First Planned High-Tech Cluster Industry, Academia Community High-Tech Industry
      153 words
    • 124 27 J y V 1 raawfafc .dhtkf ip r T Here to get you futures better deal Infrastructure Airport IT Parks Health Care Dedicated Power Plant Manufacturing Units International School K. S s N I MR Emerging IT Destination of Asia-Nagpur Biggest Functional Multi product SEZ in India Build-to-suit Spaces available
      124 words

  • EDITORIAL & OPINION
    • 494 28 EDITORIAL AFTER two turbulent years, the dark clouds over the global aviation industry could finally be clearing; at least, the International Air Transport Association (Iata) seems to think so. Just 10 days ago, the organisation (which counts over 95 per cent of all
      494 words
    • 982 28  -  He’s now in a position to press ahead with rest of his domestic and foreign policy agenda LEON HADAR Washington Correspondent SINCE Barack Obama entered the White House, Republican leaders have vowed to turn the debate on his ambitious plans to restructure America’s healthcare
      AFP  -  982 words
    • 797 28  -  THE BOTTOM LINE ROBERT SAMUELSON RARELY has a public figure’s reputation suffered a reversal as dramatic as Alan Greenspan’s. When he left the Federal Reserve in early 2006 after nearly 19 years as chairman, he was hailed as the “maestro” and
      797 words
    • 941 29  -  Policymakers should consider deploying pre-emptive measures before the market reaches that point of unbalance By BERNARD LEE, SHIH-FEN CHENG, ANNIE KOH LAST year, the US Commodity Futures Trading Commission (CFTC) proposed broad regulatory reforms aimed at reducing excessive speculation and protecting long term investors. The
      REUTERS  -  941 words
    • 848 29  -  WILLIAM PESEK JR The writer is a Bloomberg News columnist. The opinions expressed are his own DON King, hop on a plane to China for the fight of the year. The world of economic forecasting just became more exciting, with even a threat
      848 words
    • 807 29  -  LETTER TO THE EDITOR Mak Yuen Teen Associate Professor NUS Business School I APPLAUD the Monetary Authority of Singapore (MAS) for the proposed changes in corporate governance regulations and guidelines for financial institutions. It is better to make changes in a phased manner and
      807 words


  • AVIATION
    • 616 30 Staff will walk out again on March 27 unless solution to stand-off is found AFP [LONDON] British Airways cabin crew entered the final stage of a three-day strike yesterday, in a dispute over planned changes to pay and conditions that has caused travel
      AFP; AP  -  616 words
    • 324 30 Bloomberg [WASHINGTON/MOSCOW] Russia’s United Aircraft Corp isn’t planning to bid for the Pentagon’s US$35 billion Air Force aerial-re-fuelling tanker programme, chief executive officer Alexei Fyodorov said, contradicting US media reports. The Wall Street Journal reported last Friday that United Aircraft, the maker of Ilyushin transport
      Bloomberg  -  324 words
    • 283 30 Bloomberg [ZURICH] ABB Ltd, the world’s biggest builder of power grids, said the need for experienced engineers to oversee US$600 million projects is leading it to trawl major European airports for potential hires. “The idea is to capture them when they
      Bloomberg  -  283 words
    • 495 30 Bloomberg [SHANGHAI] Air China Ltd will gain control of Shenzhen Airlines Ltd through a 682.1 million yuan (S$139.5 million) investment, giving the nation’s largest international carrier a hub in southern China. Air China’s stake in the Shenzhen-based carrier will rise to 51 per
      Bloomberg  -  495 words
    • 134 30 [WELLINGTON] Air New Zealand has apologised for a staff training manual that warned that many Tongan passengers would attempt to guzzle all of a plane’s booze. A 2008 crew manual produced by the airline said people from the Pacific island nation were “softly spoken, reserved people”
      134 words
    • 2889 30 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1240 SQ458 1415 Adelaide LH9771 1740 LH9770 2350 SQ268 1740 SQ269 2350 VS7268 1740 VS7269 2350 9W4081 1830 AF8087 1830 BA7381 1830 JL5084 1830 QF81 1830 Ahmedabad NH6292 1900 SQ530 1900 Amsterdam LO4031 0610 AZ3993 0125 SQ323 0610
      2,889 words
  • Page 30 Miscellaneous
    • 313 30 CRYPTIC CROSSWORD Across 1 Film advice to all touring (2,5,4) 9 The logic behind share sales excluding outsiders (9) 10 Gone to start art course in Italy (5) 11 Grounds for cutting height, initially, in fireplaces (6) 12 Individual working in Lords breaks new ground (8) 13 Mars, or the
      313 words

  • Page 31 Advertisements
  • SHIPPING
    • 4170 31 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN RTM/ANR/TIL *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination SAN SIMEON NEW ORLEANS/CAMDEN *Loads E./W.
      4,170 words
    • 627 32 APL unit sees biggest monthly traffic jump in years; volumes on the rise Bloomberg [SINGAPORE] Neptune Orient Lines, owner of South-east Asia’s largest container line, plans to boost capacity about 7 per cent this year as a rebounding global economy revives trade and freight
      Bloomberg; BLOOMBERG  -  627 words
    • 291 32 Reuters [SYDNEY] Coal shipments from Australia’s giant Dalrymple export terminal were returning to normal yesterday after shutting last week before a cyclone hit the eastern coast, while damage to sugar crops was still being assessed. Cyclone Ului swept across the central coast of Queensland state
      Reuters  -  291 words
    • 346 32 Reuters [MOMBASA] Kenyan security forces have arrested Somali pirates in Kenyan waters for the first time, taking 11 suspected gunmen into custody after a failed attempt to hijack a fishing vessel, police said on Sunday. Kenya is one of the few east African countries
      Reuters  -  346 words
    • 241 32 Reuters [LONDON] Finland’s Wartsila, one of the world’s largest ship engine makers, is seeing some signals of recovery in specialist areas, and is sticking to its forecasts for 2010, its CEO Ole Johansson said on Friday. “Towards the very end of last year and the
      Reuters  -  241 words
    • 487 33 Reuters [DUBAI] The US government has warned ships sailing off Yemen’s coast of the risk of Al-Qaeda attacks similar to a suicide bombing of the US warship Cole in 2000 that killed 17 US sailors. The US Office of Naval Intelligence said
      Reuters; AFP  -  487 words
    • 281 33 Source: Thomson Reuters SGX '000 Mar 22 S$ +/-Vol CH Offshore 0.65 -0.01 399 Chuan Hup Hldgs 0.30 unch 60 Cosco Corp 1.24 -0.01 3355 CWT Ltd 1.05 -0.01 1037 Ezra Hldgs 2.40 -0.04 1864 First Ship Lease 0.61 unch 978 Freight Links 0.05 unch 10 Grand Banks
      Source: Thomson Reuters  -  281 words
    • 802 33 Buffer around US, Canada based on faulty science, will raise costs, they say Reuters [MIAMI] Cruise companies are balking at a proposal to create a low-emissions buffer zone around the United States and Canada, saying that it sets arbitrary boundaries based on faulty science
      Reuters  -  802 words


  • Page 33 Advertisements
    • 239 33 Asia Pacific MARITIME 11 th EDITION THIS IS THE ONE CONNECTING YOU TO INTERNATIONAL MARITIME PLAYERS 24 26 March 2010 Singapore Expo Hall 3 and 4 www.apmaritime.com Opening Hours 24 25 March 2010 26 March 2010 (Wed&Thur) (Fri) I000-I900hrs I000-I700hrs l^l Meet 12 National Pavilions from China, Denmark, France, Germany,Japan,
      239 words

  • SINGAPORE STOCKS
    • 8833 34 Transaction date: Mar 22 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3.5 3148 8Telecom 17 16.5 17 1.7 10.6 5.5 81.4 10 3 5834 A-Sonic 7 6.5 8.5
      8,833 words
    • 1694 35 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 t AA Grp 5.5 5 5.5 30.6 5.3 25 12 8538 t APStrategic 15.5 13 15 91.5 4 1
      1,694 words
    • 573 35 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 109.5 108.1 112 499.8 863 461 CIMBAsean40 100US$ US858cd -5 0 858 858 849 854 34.3 298
      573 words
    • 258 35 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 25 6000 AVJennings A46 -0.5 4 46 46 45 51 3.6 7.6 3.7 119.8 31 7 6017 Genting HK US$ US20 unch 560
      258 words
    • 9339 35 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.24/ APS Alpha Fund (USD)!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.7/ Aberdeen Asset Mgt Asia Limited American Opp 0.6675/ Asian Credit Fund 1.2492/ Asian
      9,339 words


  • FINANCE & COMMODITIES
    • 365 36 In local curr In S$ In US$ dy yr dy yr dy yr Mar 19 Index Change Change Change Change Change Change World Index Preliminary 858.2 -0.3 3.1 -0.4 1.4 -0.5 1.9 EAFE Preliminary 803.6 0.1 2.4 -0.3 -1.0 -0.4 -0.5 Europe Preliminary 1148.7 -0.2
      365 words
    • 132 36 Mar 22 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2660 1.3050 Can dollar 1.3660 1.3830 Euro 1.8780 1.9000 NZ dollar 0.9790 1.0010 Sterling pound 2.0840 2.1090 US dollar 1.3900 1.4070 Local dollars to 100 units of foreign
      132 words
    • 29 36 Mar 22 Open High Sett STI Mar 2905 2905 2889 SIMSCI Mar 346.8 348.4 342.7 Taiwan Mar 282.4 282.8 278.8 Source: MF Global (S) Pte. Ltd
      29 words
    • 180 36 Mar 22 $S Offer Bid Overnight 0.08 0.03 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.27 0.22 1 month 0.35 0.25 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.50 0.40 9 months 0.90 0.60 12
      180 words
    • 22 36 Mar 22 S$ Bid Offer 1-month 1.3995 1.4008 2-months 1.3996 1.4010 3-months 1.3998 1.4011 6-months 1.4004 1.4018 Source: OCBC
      22 words
    • 67 36 Mar 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 10 2605 2635 2637 2592 490 6715 May 10 2583 2590 2610 2568 2024 ***** Jun 10 2570 2570 2594 2554 7245 ***** Jul 10 2545 2558
      67 words
    • 364 36 Mar 22 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.5850 0 3612 Sep10 99.3950 0 2456 Dec10 99.1100 0 2471 Mar11 98.7750 0 3455 EUROYEN TIBOR FUTURES Jun10 99.6100 99.6100 99.6050 99.6100 434 4565 Sep10 99.6300 99.6300 99.6300 99.6250 25 3967 Dec10 99.6700 99.6700 99.6650
      364 words
    • 182 36 Mar 22 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 10 333.5 330.0 333.5 25 712 May 10 331.0 331.0 331.0 4 652 Jun 10 328.0 800 Jul 10 325.0 320 Aug 10 322.0 230 Sep 10 323.0
      182 words
    • 84 36 Mar 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 24.06.2010 0.35 0.33 0.32 1-Year BY*****N 01.11.2010 0.37 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.25 104.29 104.25 5-Year N*****0N 1.375 01.10.2014 100.34
      84 words
    • 105 36 Mar 19 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 961.75 959.50 964.00 952.25 Jul 10 969.50 967.50 971.75 960.00 Aug 10 966.00 963.75 967.50 956.75 Sep 10 952.00 948.75 952.00 942.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 39.30 39.25 39.54
      105 words
    • 77 36 CRUDE OIL PRODUCTS Mar 19 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 79.52 -1.74 WTI (Near Mth) 80.65 -1.45 Dubai (1-Mth F) 78.59 -0.09 Tapis blend 83.35 -0.60 Minas 82.20 -0.35 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 80.28 -0.16 Jet Kerosene 88.85 0.15 US$/barrel Opec Oil
      77 words
    • 2504 36 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2.5 1 15 13 6.20 50 4085 ASJ Hldgs W*****1 2 1 4 20 2.50 23 2036 Advance SCT Ltd W*****9 0.5 1 87 2400 7.00
      2,504 words
    • 465 36 Mar 22 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.928 6.229 0.675 7.082 41.528 83.229 0.827 10.362 3.029 1.292 76.915 41.685 1.277 6.717 0.968 29.023 29.502 0.609 0.912 Canada 1.078 6.712
      465 words
    • 85 36 Mar 22 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 36 Mar 22 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2766 1.2780 0.9123 0.9125 Canadian dollar 1.3756 1.3772 0.9831 0.9833 Euro 1.8909 1.8935 1.3513 1.3519 NZ dollar 0.9883 0.9895 0.7063 0.7065 Sterling pound 2.0948 2.0974 1.4970 1.4975
      154 words
    • 138 36 Mar 22 GOLD (US$/oz) Mar 19 Mar 22 Hong Kong 1123.00 1107.50 Mar 18 Mar 19 London 1125.85 1102.85 1126.85 1103.65 CAST BAR Mar 22 (S$) Selling Buying Kilobar "53,531.03" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 119.84 50 5gm 340.26 250 10gm 607.76 499 20gm 1145.97
      138 words
    • 69 36 Mar 19 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2225.25 2242.50 3 months 2258.00 2276.00 Copper, Grade A (US$/tonne) Cash 7397.50 7450.50 3 months 7435.00 7486.00 Lead (US$/tonne) Cash 2166.75 2217.00 3 months 2195.00 2245.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 77 36 Mar 19 COCOA (£/tonne) Close Prev High/Low May 10 2198 2213 2229/2178 Jul 10 2207 2212 2232/2185 Sep 10 2159 2159 2180/2142 Dec 10 2133 2140 2151/2114 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1226 1242 1244/1240 May 10 1258 1267 1276/1256 Jul 10 1292 1301 1305/1291 SUGAR (US
      77 words

  • PROPERTY
    • 900 37 Risks affecting China Lodging’s offer include government action, investors wary of China listings Reuters [NEW YORK/HONG KONG] DISCOUNThotelchain China Lodging Group Ltd is emblematic of China’s blistering growth, but it could be hurt if the government takes steps to prevent the world’s third-largest
      Reuters; REUTERS  -  900 words
    • 173 37 Reuters [SHANGHAI] China Poly Real Estate Group Co, the country’s second biggest property developer by market value, plans to raise up to 9.6 billion yuan (S$2 billion) through a private placement of shares to fund expansion. China Poly plans to sell as many
      Reuters  -  173 words
    • 193 37 Reuters [LONDON] The real estate arm of global fund manager Invesco has launched a fourth fund investing European institutional capital in repriced US commercial property, after raising US$120 million. The Luxembourg-domi-ciled fund raised the equity from four institutional investors, including two investors
      Reuters  -  193 words
    • 204 37 Reuters [HONG KONG] Hong Kong’s New World Development said the group plans to invest US$1 billion to open shopping malls in China in the next 5-7 years, banking on strong consumption in the world’s third-largest economy. The group includes New World Development, New
      Reuters  -  204 words
    • 368 38  -  Industry encouraged to develop expertise in recycling of waste from demolition By GLENN CHEE THE Building and Construction Authority (BCA) announced a new $15 million Sustainable Construction Capability Development Fund during the opening ceremony of Samwoh’s Eco-Green Park. The fund is part of
      368 words
    • 442 38 DEVELOPERS continue to roll out new residential projects. TID Pte Ltd a joint venture between Hong Leong Group Singapore and Japan’s Mitsui Fudosan is expected to preview the 6 5-unit Nathan Suites at Nathan Road, opposite the Malaysian High Commission, within the
      442 words
    • 329 38 Reuters [SYDNEY] Vacancy rates for Australian offices are likely to rise further on new supply and should peak by the fourth quarter this year, setting the stage for recovery in 2011, research firm Jones Lang LaSalle said yesterday. Yields on office properties peaked at
      Reuters  -  329 words
    • 564 38 NYT [OTTAWA] Marie-Yvonne Paint, a real estate agent in Montreal, has the kind of problem most of her counterparts in the United States can only dream about. “We have a shortage of inventory right now,” said Ms Paint, who focuses on the
      NYT  -  564 words
    • 563 39  -  Maybank says listing of new Reits could prompt re-rating of mis-priced sector By in PAULINE NG in Kuala Lumpur THERE could be opportunities for investors in mis-priced Malaysian real estate investment trusts (M-Reits), some of which are trading almost 40 per cent below their
      563 words
    • 344 39  -  By UMA SHANKARI RETAIL rents in the prime Orchard and Scotts roads belt, other city areas and the suburbs were all unchanged in the first quarter of this year, according to DTZ Research. They are still down as much as 10 per cent in
      ST FILE PHOTO  -  344 words
  • Page 37 Advertisements
    • 353 37 Culford Garden at Siglap/Upp East Coast ft* Rd ao« Bedok Subject Property Rd Coast East OPP?! tggs tao® Pa ?a* iJVa^ Coast D15 site for 5-storey condo development 44,093 sf land; Freehold; GPR 1.4 Regular-shaped plot, wide frontage Close to F&B outlets and amenities at Siglap and East Coast Park
      353 words
    • 242 37 SMART International Property Expo™ LOCAL OVERSEAS PROPERTY STOCKS FUNDS ALTERNATIVE INVESTMENT STARTS THIS 27 28 March 2010 10am 7pm IMIddNdJI.B Hall 401, SUNTEC Singapore International Convention Exhibition Centre BRITISH POUND AT 5 YEAR LOW! FIND LONDON AND OTHER OVERSEAS PROPERTIES AT THE SMART EXPO SHOW HIGHLIGHTS improperly Market Outlook Investment
      242 words

  • Page 38 Advertisements
    • 274 38 NEW LAUNCH D.09 I Deferred payment scheme still applies!! I 158 units freehold development I 1 2/ 3/ 4 PH I 5 mins walk to Newton MRT I Full Condo Facilities I ACS (Junior) within 1 km I Early Bird Discount!!! Veniz 9455 6592 Edmund 9187 4142 CBRE CB RICHARD
      274 words
    • 131 38 36 KAKI BUKIT PLACE Business Space For Lease w w jjjflH' 1 p!" 11 am ill si I L kV •fliSij mil Si Si U Unit sizes from 3,300 sq ft to 51,000 sq ft Loading bays with dock levelers, car park at basement Near food centres, bus stops and
      131 words
    • 174 38 Bossanova Limited SEAFRONT A signature Capitaland Project Units #02-07 and #03-07, Seafront, Meyer Rd. 2,099 Sqft each. Ten minutes drive to CBD. Comparatively (to districts 9 and 10) little traffic in morning. Full spectacular Pool view will see pool like this (except 4th floor). You can talk to your children
      174 words

  • Page 39 Advertisements
    • 80 39 19,OOOsqft sprawling land 11,OOOsqft living space including 5 bedrooms ensuite, media room and wine cellar •Azure Lap pool centers large outdoor patio •Contemporary K2LD Design Outfitted with a Schuller Kitchen Master Bedroom overlooking Dramatic Greenery View Furnishings from renowned Italian Brands •Tranquil yet right in heart of Town Rustic and
      80 words
    • 270 39 BRAND NEW PRIME OFFICE BUILDING FOR SALE BY PRIVATE TREATY .;i Ml''-. -I ii :::2:Si»: 5 "nin E B 3E 52,000 sq ft of prime office space available Prominent frontage on Merchant Road and Naming rights Large floor plate of approximately 8,000 sq ft Excellent views towards Singapore River 2
      270 words

  • INDUSTRIAL SPACE
    • 952 40  -  EMILYN YAP looks at how JTC is employing green strategies for its upcoming CleanTech Park, and its project on air temperature prediction EMILYN YAP IS IT possible for an agency to promote industrialisation and environment protection at the same time? As contradictory as these two aims
      Source: JTC  -  952 words
  • Page 40 Advertisements
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