The Business Times, 5 October 2010

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Total Pages: 42
1 42 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Tuesday, October 5,2010
    23 words
  • 645 1  -  Copthorne Orchid, which was to make way for a condo, will keep its doors open a while longer By KALPANA RASHIWALA [SINGAPORE] The Copthorne Orchid Hotel along Dunearn Road, which was slated for closure at the end of this year, will now stay
    FILE PHOTO  -  645 words
  • 741 1  -  Analysts brace for downside surprises from cloudy quarter By ANDREW MARKS THE third quarter earnings season of corporate America kicks off this week with Alcoa’s report on Thursday. But with the peak weeks of the profit reports not due until the week
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  • 140 1 ST INDEX 3,157.45 (+26.55) ST INDEX FUTURES 3,156 (+27) SIMSCI 368.40 (unch) SIMSCI FUTURES 370.20 (+1.20) FOREX US$ S$ US$ (S$ per US$) 1.313 (US$/S$ per 1.580 2.074 EURO (US$/S$/E) 1.374 1.803 Foreign currency per US$ S$ YEN 83.20 63.40 RM 3.087 2.351 HK$ 7.761 5.911 BAHT 30.16
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  • Page 1 Advertisements

  • TOP STORIES
    • 470 2  -  By GRACE LEONG [SINGAPORE] Steve Mannering, an oil consultant who shuttles between here and London on a regular basis, is one of many who have not changed their travel plans despite heightened warnings from the United States and Britain about potential terrorist threats
      AP  -  470 words
    • 446 2 Bloomberg Reuters [NEW YORK] The euro declined from a six-month high against the dollar yesterday after data showed a bigger-than-expected rise in US pending home sales for August. The euro edged down against the dollar after the data to US$1.3694, down 0.7 per
      Bloomberg; Reuters  -  446 words
    • 558 2  -  Financial stability should not curb growth, innovation: Hwee Hua to Europe By CHUANG CHUANG PECK MING TIGHTER financial regulation is being put in place to prevent a repeat of 2008-09’s global credit crunch, but the best approach is to maintain a healthy scepticism:
      558 words
    • 591 2 Hold-up keeps hotel from checking-in to history THE Copthorne Orchid Hotel along Dunearn Road, which was slated for closure at the end of this year, will now stay open for at least three months beyond that, BT understands. Tenants will also keep operating till March 31, 2011, although
      591 words
    • 881 4  -  SM Goh: PM had thought he could be at Brussels and still make it back in time KWA GEOK CHOO, 1920-2010 By LYNN KAN [SINGAPORE] Before Prime Minister Lee Hsien Loong was due to depart for the Asia-Europe Meeting in Brussels last week,
      HO PENG YEW/LIANHE ZAOBAO  -  881 words
    • Article, Illustration
      930 4 Fock Siew Wah Group chairman, PSA International MY wife and I have been fans of Mrs Lee for many years. She was always thoughtful, considerate, helpful and patient. Most importantly, perceptive and able to read MM Lee well. An extraordinary and exceptional human being. I remember vividly the visit
      THE STRAITS TIMES FILE PHOTO  -  930 words
    • 616 4  -  SM Goh’s letter to MM Lee Yours sincerely, GOH CHOK TONG Dear MM, I am writing to express Choo Leng’s and my condolences to you on the passing of Mrs Lee. When Loong told me of Mrs Lee’s deteriorating condition after
      616 words
  • Page 2 Advertisements
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    • 10 2 Europe seeks bigger global role with Asian giants, Page 30
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  • Page 3 Advertisements
    • 165 3 mm Vr W 7/ *<. P' 1,1 .^P"v 1 k We were there when young people used to do the joget, foxtrot and the cha-cha. We were there when disco was cool (What were we thinking!?) We were there all through breakdance, techno, hip-hop, and (oh dear) the macarena. e
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  • Page 5 Advertisements
    • 140 5 t s i; j ft AIA U M F7 Markets p r Employees > jr v-md OlfER 5 m t Agents OlfER i ■5 i V* X t ln-force Policies OlfER 3 f TO r -v# 9H iisesK «l BBf #V ff /flf V \VS fell TmmWV£ ft v| i
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  • COMPANY NEWS
    • 489 6  -  Demand shows signs of losing momentum after sharp recovery in the industry AIRLINE STOCKS By VEN SREENIVASAN GLOBAL airline shares have outperformed equity markets, rising by more than 21 per cent so far this year, thanks to a sharp recovery in
      FILE PHOTO  -  489 words
    • 298 6  -  By NISHA RAMCHANDANI SHARES in Tiger Airways took a hit yesterday after the budget carrier was forced to cancel a number of flights last week due to technical issues with two of its aircraft. The share price dived 3.9 per cent or 8 cents
      298 words
    • 588 8  -  System is outdated, says sec-gen of Asian corporate governance group CORPORATE GOVERNANCE BY LYNETTE KHOO VOTING by show of hands at shareholder meetings is an outdated system and it is a “simple thing to get it right”, said Jamie Allen,
      588 words
    • 345 8  -  By JAMIE LEE RISK managers should answer directly to the companies’ board such as to the audit committee to ensure that risks are more clearly spelt out, a recent OECD report on corporate governance and the financial crisis suggested. This comes as the
      345 words
    • 138 8 OUTGOING chairman of Singapore Exchange JY Pillay has been awarded a special Singapore Corporate Governance Excellence Award by the Securities Investors Association (Singapore), or SIAS. Mr Pillay, who retires from his position as chairman at the end of this year, was honoured for
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    • 401 8  -  SIAS hopes to make the public statement an annual affair By FELDA CHAY THE importance of good corporate governance got a strong endorsement yesterday from 81 companies, organisations and professional bodies in the form of a statement of support coinciding with the start
      FILE PHOTO  -  401 words
    • 507 9  -  July-Sept securities turnover up 3.5% to $99.7b from preceding quarter By CONRAD TAN THE value of shares traded on the Singapore Exchange (SGX) rose 20 per cent to $38 billion in September from a month earlier, but average daily trading volume
      BLOOMBERG  -  507 words
    • 227 9 It allows investors and traders to get intra-second updates THE Straits Times Index (STI), which has served as the barometer of the Singapore market for more than 40 years, is now delivered on a new streaming basis, starting yesterday. A joint announcement yesterday
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    • 375 11  -  The dark pool joint venture is expected to be ready for trading this quarter By JOYCE HOOI CHI-EAST the joint venture dark pool between Chi-X Global Inc and the Singapore Exchange (SGX) announced yesterday that it has obtained approval from the Monetary Authority
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    • 417 11 Private banking arm to focus on China, Indonesia and India Reuters THE private banking arm of Singapore’s DBS expects 20 to 30 per cent annual growth in net new assets from China, Indonesia and India, as it gears up for expansion in Asia’s
      Reuters  -  417 words
    • 249 11 Bloomberg DEUTSCHE Bank AG won a court order that a company controlled by two of Indonesia’s richest men must end legal attempts outside Singapore to regain pledged shares that Germany’s biggest bank sold. Beckkett Pte, controlled by Sukanto Tanoto
      Bloomberg  -  249 words
    • COMPANY BRIEFS
      • 52 11 BOUSTEAD Singapore said that its energy-related engineering division has secured about $9 million in contracts from the oil gas industries in South America. The contracts involve the design, process engineering and construction of waste heat recovery units for onshore and offshore oil gas installations in Brazil
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      • 48 11 DARCO Water Technologies, a provider of integrated engineering and water treatment solutions, has acquired WLF Industrial Co Ltd Taiwan, a manufacturer of sludge scrappers for municipal drinking and sewage treatment plants, through a share-swap agreement. The acquisition is valued at NT$10 million (S$424,000).
        48 words
      • 91 11 CNA Group Ltd, an enabler of intelligent buildings and facilities, has signed a letter of intent for the placement of new CNA shares to a company which is a member of an Asian conglomerate with international operations. If finalised and completed, the private placement is expected
        91 words
      • 64 11 SIA Engineering Company Ltd (SIAEC) has signed a support package contract with Airbus to provide maintenance, repair and overhaul (MRO) services for Singapore Airlines’ fleet of five Airbus A340-500 aircraft. Under the six-year contract, Airbus directly procures the MRO services from SIAEC for the support
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  • Page 6 Advertisements
    • 3511 6 UNION STEEL HOLDINGS LIMITED UNION STEEL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Co. Reg No. *****0181W NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of UNION STEEL HOLDINGS LIMITED will be held at 33 Pioneer Road North Singapore *****4 on Thursday, 21
      3,511 words
    • 137 6 Gold breached the US$1300 mark. Will Gold bulls continue to run? GOLD THE ULTIMATE ASSET Volatile market conditions have increased the appeal of gold as the safe haven asset. GOLD prices have crossed the US$1,320 mark this year. Will it hit a higher milestone? Let Phillip Futures help you discover
      137 words

  • Page 7 Advertisements
    • 235 7 PATEK PHILIPPE GENEVE Begin your own tradition. LL TV |-t or P =r c O pX5 n> rD p_ rD P 2? ft < L o CA p ?d 3 "Of course, the acoustics have to be tested. In ourfamily-owned watch company, the President Every Patek Philippe wristwatch with a
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  • Page 8 Advertisements
    • 2675 8 X Karin Technology Holdings Limited Karin Technology Holdings Limited (Incorporated in Bermuda on 30 August 2002) (Company Registration Number *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held at Banquet Suite, Level 10, M Hotel Singapore, 81 Anson
      2,675 words

  • Page 9 Advertisements
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    • 52 9 Tradition in Private Banking. .Mr- m me ■v; V* WM'-m-' m y JN V 0-^m -*>,• For us, private banking means drawing on tradition to create new value. Also for you: +65 6532 5325 or www.claridenleu.com Clariden Leu Ltd., Singapore Branch, Singapore Clariden' \Vr Leu SWISS PRIVATE BANKING SINCE 1755
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  • SINGAPORE MARKETS
    • 591 10  -  Afternoon caution sets in when US futures fall, but local index still closes at two-year high STOCKS R SIVANITHY Senior Correspondent TRADERS yesterday bet heavily on Wall Street extending its recent gains, most probably after hints from US Federal Reserve officials that additional
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    • 4 10 DAILY
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    • 66 10 Oct 4 VALUE CLOSE BT OB/OS 188.00 +62.00 BT CADI -*****.00 +88.00 BT 10-day MA -*****.00 +18.00 FTSE ST Mid Cap 779.95 +2.85 FTSE ST Small Cap 573.15 +1.00 FTSE ST All Share 779.87 +5.67 FTSE ST China Top 285.16 +0.95 FTSE ST China 320.37 +3.64 FTSE
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    • 62 10 VOLUME Genting SP 256,121,000 *Genting HK US$ 122,265,000 JES 119,552,000 Eagle Brand 70,302,000 Golden Agri 60,914,000 ChinaNTown 42,131,000 Beng Kuang 40,440,000 Noble Grp 39,896,000 Contel 38,005,000 GMG Global 37,315,000 VALUE($) Genting SP 525,588,980 Keppel Corp 121,738,950 DBS Grp 85,168,960 OCBC Bk 80,268,630 Noble Grp 77,969,840 UOB 76,354,390
      62 words
    • 186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 4 4 0 0 0 9 4 4 Manufacturing 72 56 75 9 5 18 81 61 93 Commerce 34 12 28 5 5 6 39 17 34 Tpt/Stor/Comms 18 14 10
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    • 123 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 50,770 50,770 167,136 167,136 Manufacturing 635,144 23,763 658,907 358,745 2,923 361,667 Commerce 148,897 33,149 182,046 144,613 5,480 150,094 Tpt/Stor/Comms 127,589 1,295 128,884 199,878 148 200,026 Finance 34,589 151 34,740 300,749 20 300,769 Construction 52,472 23,880
      123 words
    • 109 10 Stock name Close Change Stock name Close Change CapMallsAsia 2.240 +0.050 CapitaLand 4.130 +0.010 CapitaMall 2.140 +0.050 CityDev 12.440 -0.440 ComfortDelGro 1.540 DBS Grp 14.360 +0.140 F&N 6.520 +0.040 Genting SP 2.040 +0.040 Golden Agri 0.575 +0.005 HK Land 6.590 +0.260 JMH 46.540 +0.740 JSH 27.160
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    • 433 10 CURRENCIES [NEW YORK] The US dollar rose yesterday, recovering from earlier losses as concerns about the stability of the euro zone again came to the forefront, overshadowing concerns that the Federal Reserve may further ease US monetary policy. Ireland’s economy will crawl
      BLOOMBERG  -  433 words
    • BROKERS’ TAKE
      • 467 10  -  Oct 4 close: $3.31 Kim Eng Research, Oct 4 Compiled by JOYCE HOOI OLAM’S share price has surged by 12 per cent in the past week following press reports of a possible merger with Louis Dreyfus Commodities (LDC), one of the largest agricultural commodity houses in the world.
        467 words
    • 110 10 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 290.0 1.6 JMH 4654 97.1 1.6 Jardine C&C 3980 70.0 1.8 DBXT FTChina25 10US$ 3148 64.3 1.6 DBXT S&P Short 10US$ 5038 52.5 0.8 GLD 10US$ ***** 48.6 0.3 OCC 3.93% NCPS10 9508 48.0 0.5 DBXT MSINDO 10us$ 1462 43.3 2.3
      110 words
    • 118 10 BY CENTS CLOSE DOWN DBXT iBoxxKR 5US$ ***** -72.2 -0.4 DBXT MSJAP 10US$ 3624 -47.2 -1.0 CityDev 1244 -44.0 -3.4 DBXT MSEurope 10US$ 4316 -34.1 -0.6 CityDev.ES.1010 1250 -28.0 -2.2 DBXT FTVietnam 10US$ 3633 -22.3 -0.5 JSH 2716 -13.1 -0.4 Lyxor CRBNonEny10US$ 254 -7.9 -2.3 Keppel Land 402 -6.0
      118 words
    • 87 10 Where S$ stands Oct 4 CHNG YR 2010 CLOSE FR Oct 1 S$ LOW S$ HIGH US$ 1.3147 -0.06 1.4219 1.3139 Euro 1.7980 0.27 2.0153 1.6886 Pounds 2.0753 0.10 2.2831 2.0003 A$ 1.2697 0.59 1.2960 1.1515 Yen* 1.5796 -0.13 1.6080 1.4467 Rupiah* 0.***** -0.02 0.***** 0.***** Baht* 4.3555 -0.09
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  • Page 10 Advertisements
    • 361 10 T *t q i ,t°lr^9l f Why pay EXTRA commission Q/ fee based on of turnover? /O y ic 0 ti l Mt+f US$9.99 We offer flat commission with enhanced trading tools Pfl| Upgraded active trading platform 2010 Free S&P Research Reports and Market News COMMISSION FROM AS LOW AS
      361 words

  • Page 11 Advertisements
    • 311 11 Enjoy foreign currency time deposit rates as high as J a J mS r 3 :r. bO 50>; fir r d r o 50 nr rr 50 5o f 50 •"50^50 pi 4U Enjoy one of the highest interest rates in the market with Maybank foreign currency time deposits. You
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  • Page 12 Advertisements
    • 1528 12 Advertisement Composites innovation driving growth in Asia The US$26 billion composites market in Asia today is a story of quiet growth unknown to the general public. Recent composites innovations by local and global players in Asia are showing up in demanding applications in highly technical industries such as aerospace and
      1,528 words

  • SINGAPORE NEWS
    • 816 13  -  Fallout from Wall Street, increasing sophistication, less risk denting returns, making fund-raising tough By CHEN HUIFEN THE expectations of private equity investors are likely to have come down in recent years not just as a result of the fallout from over-leveraging on Wall Street,
      ARTHUR LEE  -  816 words
    • 312 13 Stanchart’s step-up, Maybank’s isavvy have new features BANKS are getting creative with fixed deposits. Standard Chartered Bank yesterday unveiled a step-up 12-month time deposit which allows for early withdrawal but rewards savers if they leave the funds for the full period. The step-up time
      312 words
    • 494 14  -  Group also plans to form a global fleet of oil tankers and marine bunkers By RONNIE LIM CHINESE marine fuel supplier Brightoil Petroleum is rapidly growing its global trading operations in Singapore ramping up storage capacity and personnel hires here
      494 words
    • 339 14  -  By SIOW LI SEN MAYBANK raised a whopping $530,000 for charity last Saturday in a night walk around Marina Bay. As part of its 50th anniversary celebration, the bank organised the Maybank NightWalk2010 first of its kind around Marina Bay which attracted strong interest
      339 words
    • SINGAPORE ROUNDUP
      • 50 14 THE Housing Development Board yesterday received the UN-Habitat Scroll of Honour. HDB chairman James Koh and CEO Cheong Koon Hean were in Shanghai for the ceremony. HDB won the award for “providing one of Asia’s and the world’s greenest, cleanest and most socially conscious housing programmes”.
        50 words
      • 35 14 THE Asia Nano Forum is holding its third Asia Nanotech camp at A*Star’s Institute of Materials Research and Engineering (IMRE). About 40 PhD candidates and early career postdoctorates will attend the programme.
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      • 62 14 BUILD Eco Xpo (BEX Asia) 2010 attracted 12 per cent more visitors this year compared to 2009, with 7,000 trade visitors and 1,200 exhibiting personnel. BEX Asia showcases products and services that are eco-friendly, sustainable and energy-saving. Growth figures for 2010 were so encouraging that
        62 words
      • 44 14 ASIA’S Wild Treasures is a new documentary series on Asia’s remote national parks. The six-part series is a collaboration between Germany’s Eikon Media, Wilde Bilder Fernsehproduktion and NDR Hamburg, Singapore’s Oak3 films and Media Development Authority and Franco-German network Arte.
        44 words
    • 293 14 TELEVISION viewing will no longer be labelled a passive activity if the latest initiative by the Institute of Infocomm Research (I2R) bears fruit. I2R has roped local and overseas partners into a new research alliance to try to inject more interactivity into
      293 words
  • Page 13 Advertisements
    • 329 13 The art of combining tradition with innovation. LGT combines traditional private banking with state of the art investment advice and solutions: Stable. Reliable. Effective. LGT Your Private Bank in Asia for 25 years. Singapore Phone +65 6415 3800, info@lgt.com Hong Kong Phone +852 2523 6180, info@lgt.com .1/ ~,r yy ZD
      329 words

  • Page 14 Advertisements
    • 393 14 Be honest ho\ 0 ma The Brains Trust October 21st 2010 If your current financial strategy depends on which way the wind is blowing, you might need a helping hand from an expert. Especially in today's uncertain world. On October 21st, at Raffles Hotel (East India Room, Level 1), The
      393 words
    • 197 14 A PATIENT S GUIDE TO MYOPIA AND MYOPIA TREATMENT o sjr A PATIENT'S GUIDE TO GLAUCOMA AND GLAUCOMA TREATMENT A PATIENT S GUIDE TO RETINAL DISEASES Dr Gerard Chut DR GERARD CHUAH MBBS(S'pore), FRCSEd(UK), M.Med(S'pore), FAMS (Ophthalmology) Total EyeCare Centre Camden Medical Centre, Singapore Vitreoretinal Fellowship, University ofTotonto Do you
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  • SME Inc
    • 1080 15  -  Website deal.com.sg offers vouchers for items in the F&B, wellness and entertainment categories, reports MELISSA TAN MELISSA TAN CRAVING chilli crab but only able to afford half a dish? Or has the price of an hour’s wakeboarding at East Coast Park given you a bad case
      YEN MENG JIIN  -  1,080 words
    • 1000 16  -  A commitment to knowledge of the industry and customers needs that has made Sin Heng the company what it is today By GRACE LIN SHULING, TEO ZHEN JIE,WANG ZHAORONG The writers are students of NUS Business School WHILE other children played in their free time,
      ARTHUR LEE  -  1,000 words
    • 576 16 ASK THE PROF Q: I have some business ideas and would like to secure a loan to put my plan in motion. How do I convince the financial institutions on the sustainability of my ideas? How do I choose the right bank for my business needs?
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    • 1000 17  -  PropNex Realty has grabbed the Enterprise 50 award for three consecutive years By NEIL FOO, EUNICE TAN, TAN WEI LIN The writers are students of NUS Business School IN the book titled You Can Fly, written by PropNex CEO Mohamed Ismail, readers are left captivated by
      YEN MENG JIIN  -  1,000 words
    • 973 17  -  By LEE TIONG HENG The writer is a Director of Tax Services with Deloitte Singapore and Southeast Asia. He can be contacted at thlee@deloitte.com INCREASINGLY, in the face of global competition, businesses including small and medium enterprises (SMEs), have needed to re-organise their corporate group
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    • 423 17  -  By TEH HOOI LING MANY small-cap stocks drifted lower yesterday as the market’s attention focused on blue chips. Our small-cap portfolio shed 0.4 per cent significantly better than the 1.3 per cent decline suffered by the FTSE ST Small Cap Index, but
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  • Page 15 Advertisements
    • 150 15 COMMENTARY Corporate restructuring tax challenges Page 17 11:55 am Transferring money to a branch in New York. 11:57 am Paying a supplier in Shanghai. 12:00 pm Having a business lunch at Clarke Quay. HSBC's Business Internet Banking gives you full control and visibility of your financial position, 24/7. On this
      150 words

  • Page 16 Advertisements
    • 1440 16 MATS P Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES J'£l CHINA MINZHONG FOOD CORPORATION LIMITED (Incorporated in Singapore) (Registration No. *****2715N) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at M Hotel Singapore (Anson Room IV, Level 2), 81
      1,440 words
    • 73 16 Celebrating Singapore´s Enterprising Spirit 2010 This series is part of the Enterprise 50 Educational Project between the E50 partners and the NUS Business School. Sin Heng Heavy Machinery was among the E50 winners in 2009. The annual E50 ranking is co-organised by The Business Times and KPMG, sponsored by OCBC
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  • Page 17 Advertisements
    • 75 17 ENTERPRISE v5D Celebrating Singapore's Enterprising Spirit 2010 This series is part of the Enterprise 50 Educational Project between the E50 partners and the NUS Business School. PropNex Realty Pte Ltd was among the E50 winners in 2009. The annual E50 ranking is co-organised by The Business Times and KPMG, sponsored
      75 words
    • 177 17 $500 IN GIFTS ABSOLUTELY FREE! SMART Investment International Property Expo LOCAL OVERSEAS PROPERTY STOCKS FUNDS ALTERNATIVE INVESTMENT SMART celebrates it's 20th show in Asia! All visitors will receive entrance gifts worth over SG$500. Register for free entrance at www.smartexpos.com/sg, 9-10 Oct, 11 am 8pm, Hall 401, SUNTEC Singapore. BUY IT•
      177 words
    • 164 17 /r IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HOWEN INVESTMENT CO (PTE) LTD (In Members'Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before the 29th day of September
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    • 121 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HOWEN INVESTMENT CO (PTE) LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP [PURSUANTTO SECTION 290(2)(b)] At an Extraordinary General Meeting of the Company held at 251A South Bridge Road Singapore *****0 on the 29th day
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    • 351 17 Voices We are extending the deadline to last week's topic: As Singapore's services sector posts steady growth most recently seen in a 8.5 per cent year-on-year rise in business receipts in Q2 are you finding it increasingly challenging to hire and retain staff? If so, what alternatives have you tried,
      351 words

  • ECONOMY WATCH
    • 598 18 Nafta free trade agreement pulls in global investors Bloomberg [NEW YORK] For all of the killings of elected officials at war with the criminal drug gangs, there is no stopping the Mexican investment boom, thanks to the 16-year-old trade agreement that is buoying
      Bloomberg  -  598 words
    • 957 18 Global reliance on US trade diminishes; emerging markets show more strength Bloomberg [WASHINGTON] Wall Street economists are reviving a bet that the global economy will withstand the US slowdown. Just three years since America began dragging the world into its deepest recession in seven
      Bloomberg; AFP  -  957 words
    • 204 18 Bloomberg [JAKARTA] Indonesia’s rupiah was little changed, trading near its highest level since June 2007, before a meeting today at which policymakers will probably keep the benchmark interest rate unchanged for a 14th month. The currency has gained 5.2 per cent so far
      Bloomberg  -  204 words
    • 478 18 Bloomberg [SYDNEY] Australia’s central bank will decide today whether higher interest rates are needed to avert faster inflation amid signs that past increases are cooling the nation’s property market. The Reserve Bank of Australia (RBA) will raise the overnight cash rate target to
      Bloomberg  -  478 words
  • Page 18 Advertisements
    • 849 18 INTHEMATTEROF JAYA HOLDINGS LIMITED Company Registration No.: *****2391E Incorporated in the Republic of Singapore NOTICE OF ANNUAL GENERAL MEETING NOTICEISHEREBYGIVENthattheTwentiethAnnualGeneralMeetingofJayaHoldingsLimited(“theCompany”) will be held at 13 Tuas Crescent, Singapore *****7 on Wednesday, 20 October 2010 at 11.00 a.m. for the following purposes: AS ORDINARY BUSINESS 1. To receive and adopt the
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    • 190 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF )1 1) HAMPSHIRERESIDENCEPTELTD (Co. Registration No. *****5226W) )2 2) ORTHOCLASEPTELTD (Co. Registration No. *****1359K) )3 3) DAHLIAPROPERTIESPTELTD (Co. Registration No. *****7867W) (INMEMBERS’VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE HEREBYGIVENthatpursuant Section308 theCompaniesAct,Chapter 50,theFinalMeeting theMembers the abovenamed companies
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  • MALAYSIA
    • 433 19  -  Najib’s new plans and rapprochement with S’pore give cause for optimism By S JAYASANKARAN IMPROVING cross-straits relations and Prime Minister Najib Razak’s new economic agenda augur well for Malaysia’s economic future going forward, a Sept 30 research report from Merrill Lynch concludes. In a
      433 words
    • 429 19  -  By PAULINE NG MALAYSIA’S national oil company Petronas has posted a net profit after minority interests of RM12.3 billion (S$5.3 billion) for its first quarter to end June, nearly 60 per cent higher than a year ago on the back of higher oil prices, operational
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  • Page 19 Advertisements
    • 85 19 a m CONSULTING, BUSINESS WORKLOAD AUTOMATION, GREEN DATA CENTRE ft APPLICATIONS Et SYSTEMS DESKTOP Et SERVER MANAGEMENT SECURED CLOUD COMPUTING INTEGRATION TOMORROW TOGETHER Hitachi empowers and simplifies businesses worldwide with cutting-edge Info-communications Technology solutions. These include Consulting, Systems Integration, Business Intelligence, Green Data Centre, Systems Management, ERP and other business
      85 words
    • 142 19 A risk tamed is a reward captured. MICHAEL PLATT Founder, BlueCrest Capital Management ForMichaelPlatt,nothingreducesthethreatofrisklikeCMEGroup. As founder of Europe’s third largest hedge fund, BlueCrest Capital Management,Michaelreliesontheassurance—andinnovation—of CME Group to protect and manage a $22 billion portfolio.With unparalleled liquidity, transparency and speed, and the security of central counterparty clearing, CME Group guarantees
      142 words

  • GREATER CHINA
    • 360 20 AFP [TIANJIN] China should show more flexibility in global negotiations on curbing greenhouse gas emissions, the UN climate chief said yesterday, although she praised the Asian nation’s “leadership”. “It is absolutely indispensable that China show leadership, accompanied by all other countries,
      AFP; REUTERS  -  360 words
    • 457 20 AIG had to lower valuation of Asian unit to draw US$1 b investment from Kuwait, says paper Bloomberg AP [HONG KONG] American International Group Inc’s initial public offering of its main Asian unit values the company at as much as US$30.5
      Bloomberg; AP  -  457 words
    • 520 20 But the demand may still hit a record 1.34b tonnes next year, says steel body Reuters [TOKYO] Growth in global steel demand is expected to slow to 5.3 per cent in 2011 with China taking up 45 per cent of the demand. Despite the slowdown,
      Reuters  -  520 words
  • Page 20 Advertisements
    • 101 20 ivThe 7 China-ASEAN Expo CABXT> C CAZXpC October 20-24, 2010 Nanning, China Uniquely CAEXPO: your gateway to a huge market with 1.9 billion consumers Welcome Temporary directed chartered flights are open for Singaporean businesses Singapore- Nanning October 18 Departure time: 10:05 (local time) Arrival time: 13:40 (local time) Nanning -Singapore
      101 words
    • 110 20 Buy any copy of these newspapers and you could win attractive prizes*! THE BUSINESS TIMES BERITA HARIAN 1 S UPP U Be one of the LUCKY READERS to spot this Read Win! insert* in the above newspapers to win one of these prizes! Philips Blu-Ray Player w fujifilm Fuji Digital
      110 words

  • PROCESSCEM ASIA 2010
    • 1158 21  -  KAREN NGtakes a look at the vital role of the multi-billion-dollar process supporting industry KAREN NG THE process supporting sector in Singapore might not have a very high profile but this mul-ti-billion dollar industry helps keep the economy humming. It backs up some of the
      1,158 words
    • 860 22  -  KAREN NG Rotary Engineering and HSL Constructors have recently bagged mega-projects. Both of them, like other firms in the industry, are also keen to push beyond Singapore’s shores. KAREN NGreports BIG is beautiful in the process supporting industry, for most EPC (engineering, procurement and
      860 words
    • 846 23  -  James Goh, president of Aspri, talks to KAREN NG about the recent performance of the sector and its outlook and challenges KAREN NG Q: How is the process industry doing in Singapore? James Goh: The Singapore process supporting industry, which caters primarily to the
      846 words
    • 655 24  -  Some firms in the process supporting industry are thriving by being nimble and niche players. KAREN NGreports KAREN NG WHILE some in the process supporting industry are making strides by growing bigger, others thrive by being nimble and niche players, providing expertise in specific areas. They
      655 words
  • Page 21 Advertisements
    • 239 21 DELIVERING EXCELLENCE SPECIALIST IN OIL PETROCHEMICAL EPCM PROJECTS '..mm L —i sa SMS IB r^n i i MapTa Phut Olefins Complex, Rayong,Thailand Saudi Kayan Petrochemical Complex, Jubail Industrial City, Kingdom of Saudi Arabia Universal Terminal, Jurong Island, Singapore Our Centres of Excellence EPCM for bulk liquid storage terminals, offsite and
      239 words

  • Page 22 Advertisements
    • 315 22 ProcessCEMAsia2010 The 2nd International Exhibition Conference on Plant Construction, Engineering Maintenance For The Process Industry 5-7 October2010 Sands Expo and Convention Centre, Hall C, Level 1 Opening Hours: 10am 6pm daily Free Admission: Trade Professionals only www.processcemasia.com Visit Southeast Asia's only dedicated showcase for construction, engineering and maintenance of process
      315 words

  • Page 23 Advertisements
    • 150 23 Jg PEC LTD A Leading Service Provider Preferred Business Partner for Engineering, Procurement, Construction Maintenance Services isfcgPV wl *2 WM i. v, < m IftA PEC Ltd. is a specialist engineering group servicing the oil gas, petrochemical, oil and chemical terminal, and pharmaceutical industries. Our major customers include prominent MNCs.
      150 words

  • Page 24 Advertisements
    • 605 24 ConSSys WE ARE ISO-CERTIFIED FOR EXCELLENCE IN LINE PIPING SEE US AT BOOTH C31 Consys, probably the only local PTFE lined piping company to achieve ISO certification, produces a wide range of pipes and fittings with PTFE PFA Lining for the Pharmaceutical, Chemical Process and Electronics Industries. Founded in 1997,
      605 words
    • 97 24 m r Mi. WiiTBfll v J*.'. -4- I •7^«. M V H ms?v Tests to prove its point Sf Finite Element Analysis aT Sheer Test ar FlexuralTest fflf Laboratory Fire Test ®T Open Fire Test under normal condition Destruction Fire Test with 35mm hole Hardness Test Sf LeakTest [fiT Soak
      97 words

  • INDIA
    • 739 25 India, like other big emerging powers, too important to ignore now: analysts [NEW DELHI] The Commonwealth Games, which opened here on Sunday, are unlikely to be gripping viewing for sports fans. After all, most of the top international athletes have withdrawn, citing everything
      AP  -  739 words
    • 231 25 Bloomberg Reuters [NEW DELHI] India’s rupee climbed to the highest level in more than five months as overseas investors pumped a record amount of money into the country’s stocks to benefit from a strengthening economy. The currency extended a five-week advance after data released on Oct
      Bloomberg; Reuters  -  231 words
    • 190 25 Reuters [MUMBAI] Indian lender SKS Microfinance said yesterday it had terminated the appointment of its chief executive. SKS, India’s largest microlender that raised about US$358 million in an initial public offer in August, said in a notice it had withdrawn all powers granted to Suresh
      Reuters  -  190 words
  • Page 25 Advertisements
    • 227 25 Compete. Collaborate. Co-create the Future. Inviting future leaders from centres of excellence in Singapore. Engage with India. Develop solutions for India with a vision for the world. India FUTURE OF CHANGE Campus Interaction INSEAD Singapore 1930 hrs. Wednesday October 6, 2010 Calling students from all campuses. Be there to get
      227 words
    • 77 25 Introducing LifeSize® Passport™: the new era in High Definition video conferencing. The rules of business have changed.Global networks and green initiatives require more effciency than ever. That's why we created a conferencing system so small and afforable it becomes available to everyone. So the revolutionary new way to work and
      77 words

  • WORLD
    • 460 26 [MANILA] The United States is willing to help craft a legally binding “code of conduct” to end a territorial dispute between Asean members and China that threatens regional stability, a US envoy said here yesterday. US ambassador to Manila Harry Thomas said
      PHOTO: REUTERS  -  460 words
    • 334 26 Wages in August fail to rise for first time in six months; factory output falls Bloomberg [TOKYO] Japan’s wages unexpectedly stagnated in August, failing to rise for the first time in six months, adding to concern the country’s consumers won’t be able to
      Bloomberg  -  334 words
    • 189 26 [NEW YORK] Verizon Wireless said on Sunday it will pay millions of dollars in refunds to 15 million cell phone customers who were erroneously charged for data sessions or Internet use. Verizon did not disclose how much exactly it would have to
      189 words
    • 534 27 Biotech firm spurns US$69-a-share bid as too low and refuses to negotiate Bloomberg [NEW YORK] Sanofi-Avent-is SA has begun an US$18.5 billion hostile takeover offer for Genzyme Corp after the US biotechnology company spurned Sanofi’s US$69-a-share bid as too low and refused to
      Bloomberg  -  534 words
    • 323 27 It has US$4.8t in bonds outstanding amid strong foreign investment: ADB AP [MANILA] Emerging East Asia’s local currency bond market grew by 18.8 per cent in the year through June with US$4.8 trillion in bonds outstanding amid strong foreign investment in the
      AP  -  323 words
    • 608 28 Japan, Brazil step in to devalue their currencies or prevent further appreciation AP [WASHINGTON] As the Obama administration escalates its battle with Chinese leaders over the artificially low value of China’s currency, a growing number of countries are retreating from some free-market rules
      AP  -  608 words
    • 487 29 EU working on steps to ensure banks not taxpayers pay for bailouts in future Reuters [WASHINGTON] The International Monetary Fund (IMF) has called for a new global system to dismantle troubled financial institutions and a levy on banks to pay for it.
      Reuters  -  487 words
    • 359 29 Reuters [ZURICH] Global Swiss banks UBS and Credit Suisse must hold capital well in excess of new international standards, a government commission said, to limit risk that a bank failure could drag down the economy. The new rules may crimp the two banks’
      Reuters  -  359 words
    • 379 29 Many lenders appear to face a funding cliff, says NEF report Reuters [LONDON] British banks may need another state bailout next year and their borrowing requirements could hit £25 billion (S$52 billion) a month, a think tank said, although the
      Reuters  -  379 words
    • 553 30 AFP [BRUSSELS] Europe sought a heightened global role with Asia’s emerging giants yesterday at talks ranging from trade to climate change between nations representing more than half the world’s population. The two-day Asia-Eu-rope Meeting (Asem) of 46 nations, followed by separate EU
      AFP  -  553 words
    • 510 30 Reuters [DUBLIN] Ireland’s economy will flatline this year, defying government expectations for modest growth, the central bank said yesterday, underlining the challenge facing Prime Minister Brian Cowen in salvaging the country’s fortunes. Mr Cowen, the most unpopular Irish leader in modern
      Reuters  -  510 words
    • 618 30 Move in line with EU/IMF pact; more belt-tightening moves expected Reuters [ATHENS] Greece unveiled another austerity budget yesterday aimed at cutting its deficit to below a 7.6 per cent-of-GDP target agreed in a bailout deal with the International Monetary Fund and its eurozone peers.
      Reuters  -  618 words
  • Page 26 Advertisements
    • 1180 26 w WATS €0 NOTICES BUY IT SELL IT FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg RAFFLES EDUCATION CORPORATION LIMITED (Incorporated theRepublic Singapore) Compan RegistrationNo*****0712N NOTICE OF ANNUAL GENERAL MEETING NOTICEISHEREBYGIVENthattheAnnualGener Meeting RafflesEducationCorporationLimitedwillbeheldon21October2010 3.00 .m. 99BeachRoad,Singapore*****1, ansactthe ollowing usinesses: ASORDINAR USINESS .1 1. TToo receiv andadopttheDirectors’Repor and uditedAccounts theCompan the nancial
      1,180 words
    • 1570 26 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg (A HENGXIN HENGXIN TECHNOLOGY LTD. TCfLJKJfM (Incorporated in Singapore on 18 November 2004) tv-MI>lL/LL/oT (Company Registration Number: *****4927H) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of Hengxin Technology Ltd. ("Company") will be held at 9.30 a.m.
      1,570 words

  • Page 27 Advertisements
    • 3689 27 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg LASSETERS INTERNATIONAL HOLDINGS LIMITED Company No. *****2223M (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Seventh Annual General Meeting of Lasseters International Holdings Limited will be held at Hibiscus Room, Level 3, Grand Hyatt
      3,689 words

  • Page 28 Advertisements
    • 1272 28 MATS V NOTICES BUY IT SELL IT FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg LION TECK CHIANG LIMITED (Incorporated theRepublicofSingapore) Co. Reg. No. *****0176K 0<80)D 8,<:>0 =8 8-5B<:/B-:< /8:B* `T-O,)+,)f'MN 'JM6M+&eFIO 5I-Kf+,)M_ ,6MK[P,BYY>Y;;YCU_ -F:8,B F?:;B 0--702 =B-B>02 /BB:8-= -F:8,B 8< ;B>B.I =85B-:;0: 'JM "--&fF VM-M)fF QMM'I-K ,L 'JM ,/+f-b dIFF
      1,272 words

  • Page 29 Advertisements
    • 2672 29 MATS BUY IT• SELL IT FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg RYOBI KISO HOLDINGS LTD. (Company Registration No. *****3985D) (Incorporated in the Republic of Singapore) NOTICE OF FIRST ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the First Annual General Meeting of Ryobi Kiso Holdings Ltd. (the “Company”)
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  • Page 30 Advertisements
    • 89 30 COURTS 8VALUE! r J Triumph* SULVIL TITUS v 's 11AI A Hi SPH MediaBaxOffice v*amm i fv r l 5 I 1 t k I—1 Ml? mtt V Chevron House OUB Centre 313@somerset Singapore Visitors Centre Orchard ji SPHMI ;°VAGE DE j&i SPH i~Sm MediaB a xOffice 'TVCyrus ar Bel
      89 words

  • AVIATION
    • 709 31 Airport improving infrastructure to boost passenger count by up to 40% Bloomberg [LONDON] London’s Gatwick airport plans to cut fees, improve rail links and lure long-haul carriers in a bid to boost the annual passenger count as much as 40 per cent
      Bloomberg; BLOOMBERG  -  709 words
    • 522 31 Airbus-Syrianair deal still frozen, says transport minister Reuters [LATAKIA, Syria] The Syrian government may turn to Russia to buy planes as US sanctions disrupt a mega Airbus purchase aimed at boosting Syria’s tiny civilian passenger fleet, the transport minister said on Sunday.
      Reuters  -  522 words
    • 307 31 AP [CAIRO] Egyptian and Iranian airlines agreed on Sunday to resume direct flights between the two countries for the first time since 1979, when Teheran severed ties because Egypt made peace with Israel and gave asylum to the shah deposed in the Islamic Revolution.
      AP  -  307 words
    • 192 31 AFP [MANILA] The Philippines has been chosen from among 32 countries to build the galleys for Airbus’s latest aircraft, the British embassy said here yesterday. Britain’s B/E Aerospace will invest an initial US$30 million in the country as part of a venture
      AFP  -  192 words
    • 2985 31 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ458 1410 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7268 1745 VS7279 2350 9W4081 1820 AF8087 1820 BA7381 1820 JL5084 1820 MU8213 1820 QF81 1820 Ahmedabad NH6292 1900 SQ530 1900 Amsterdam SQ323 0605 AZ3993 0025
      2,985 words
    • 3377 32 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 Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
      3,377 words
  • Page 31 Miscellaneous
    • 351 31 CRYPTIC CROSSWORD Across 1 Feeling left following smack? (10) 6 Collar half of hooligans (4) 10 Get up and suffer (5) 11 Dish one might have if a recess is planned (9) 12 Sort of degree awarded for penalty skills (4,4) 13 Religious ruling concealed by staff at war (5)
      351 words


  • 998 33 Contractors offering armed escorts could add value but also complicate matters Reuters [LONDON] More Somali pirates than ever before may be taking to the water in the coming months, and proposed strategies against them range from installing “panic rooms” to hiring mercenary escort warships.
    Reuters; AFP  -  998 words
  • 278 33 SGX '000 Oct 4 S$ +/-Vol CH Offshore 0.56 0.01 1273 Chuan Hup Hldg 0.26 -0.01 53 Cosco Corp 1.83 0.02 ***** CWT Ltd 0.98 0.02 1176 Ezra Hldgs 1.79 -0.01 4723 First Ship Lea 0.46 0.01 1124 Freight Links 0.07 0.01 1741 Grand Banks 0.50 0.01 18
    278 words
  • 283 33 Bloomberg [HOUSTON] The Houston Ship Channel will remain closed to most inbound and outbound vessels until this evening because of damage to an electrical tower that supports power cables running over the shipping lane, the US Coast Guard said in a statement. The Coast Guard
    Bloomberg  -  283 words
  • Page 33 Advertisements
    • 136 33 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO TRADE INDONESIAPORTSSURCHARGE(IPS)-SEMARANG The Semarang container terminal has increased its port tariff effective 1 September 2010. In order to recover these cost increases, the following feeder operators wish to inform the trade that they will implement the following Indonesia Ports Surcharge (IPS), applicable on
      136 words

  • EDITORIAL & OPINION
    • 488 34 EDITORIAL THE latest industry forecast put out by the International Air Transport Association (Iata) two weeks ago must surely rank as one of the biggest swings in estimates in the annals of the industry. Within a period of just six months, Iata shifted
      488 words
    • 802 34  -  THE BOTTOM LINE LEON HADAR Washington Correspondent JUST as US lawmakers were getting ready to leave Washington and return to their districts where they would be bashing each other as part of the heated midterm election campaigns, they found the
      802 words
    • 924 34  -  There are mutually-reinforcing values in Eastern and Western ideas of good governance By ROBERT JELLY The writer is executive director, Education, Chartered Institute of Management Accountants THE economic storm clouds may be lifting in the West but there is still much uncertainty
      924 words
    • 1153 35  -  Responding to challenging economic climate, Asian nations have revamped their incentive regimes in the past two years By CHEONG CHOY WAI, TAN BIN ENG Cheong Choy Wai is partner, Tax Services and Tan Bin Eng is associate director, Tax Services at Ernst Young Solutions LLP AFTER
      AFP  -  1,153 words
    • 841 35  -  PAUL KRUGMAN The writer is a professor of economics and international affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 ANOTE to Tea Party activists: This is not the movie you think it is. You probably
      841 words


  • SINGAPORE STOCKS
    • 9169 36 Transaction date: Oct 4 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 21 13 3148 8Telecom 19 unch 130 19 19 18.5 19 1.7 9.5 6.1 91 12 5 5834
      9,169 words
    • 1750 37 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 9 4 1181 t AA Grp 4.5 4.5 5 25 4.3 225 130 6222 t APStrategic 160 157 160 94.9 4 0.5
      1,750 words
    • 9364 37 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.27/ APS Alpha Fund (USD)!** 0.96/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,364 words
    • 831 37 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 $mil 124 107 6389 ABF SG Bond ETF 119xd 113.3 117 543.2 992 757 CIMBAsean40 100US$ US990 996 1008 39.6 323 261 DBS STI ETF
      831 words
    • 255 37 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 $mil 56 36.5 6000 AVJennings A51.5 46.5 50 3.6 6.8 4.1 134.1 55 16 6017 Genting HK US$ US45.5 -0.5 *****5 48 45.5 45.5 46
      255 words


  • FINANCE & COMMODITIES
    • 374 38 In local curr In S$ In US$ dy yr dy yr dy yr Oct 1 Index Change Change Change Change Change Change World Index Preliminary 833.2 0.2 0.1 0.1 -5.3 0.4 1.3 EAFE Preliminary 761.3 0.0 -3.0 0.2 -7.3 0.4 -0.8 Europe Preliminary 1117.1 0.0
      374 words
    • 184 38 Oct 4 $S Offer Bid 0vernight 0.02 par 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.35 0.25 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.53 0.33 6 months 0.63 0.43 9 months 0.80 0.60 12
      184 words
    • 22 38 Oct 4 S$ Bid Offer 1-month 1.3122 1.3134 2-months 1.3122 1.3134 3-months 1.3122 1.3134 6-months 1.3125 1.3137 Source: OCBC
      22 words
    • 134 38 Oct 4 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 10 367.5 367.0 367.0 10 Dec 10 368.0 Jan 11 369.0 369.0 369.0 20 Feb 11 370.0 369.5 369.5 58 Mar 11 370.5 370.0 370.0 20 Apr 11
      134 words
    • 86 38 Oct 4 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 06.01.2011 0.30 0.27 0.27 1-Year BY*****W 03.05.2011 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.13 5-Year N*****0S 2.875 01.07.2015 109.26 7-Year N*****0Z
      86 words
    • 105 38 Oct 1 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1057.00 1106.75 1106.50 1053.50 Jan 11 1066.75 1115.75 1115.25 1064.00 Mar 11 1075.00 1122.75 1122.75 1073.00 May 11 1078.25 1124.75 1123.75 1077.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 10 43.49 44.70 44.80
      105 words
    • 74 38 CRUDE OIL PRODUCTS Oct 1 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 83.11 1.70 WTI (Near Mth) 81.62 1.78 Dubai (1-Mth F) 80.19 2.21 Tapis blend 89.45 1.95 Minas 82.80 1.95 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 78.27 1.55 Jet Kerosene 92.75 2.45 US$/barrel Opec Oil
      74 words
    • 2325 38 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 3 unch 568 1 3 -8 2.17 2 6221 Asia-Pacific Strategic W*****6 39 1 150 18 4.10 43 6227 ASJ Hldgs W*****1 2.5 1 4
      2,325 words
    • 132 38 Oct 4 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2620 1.3000 Can dollar 1.2790 1.2950 Euro 1.7950 1.8160 NZ dollar 0.9670 0.9880 Sterling pound 2.0630 2.0870 US dollar 1.3060 1.3210 Local dollars to 100 units of foreign
      132 words
    • 29 38 Oct 4 Open High Sett STI Oct 3160 3160 3156 SIMSCI Oct 368.7 374.2 370.2 Taiwan Oct 290.9 292.6 290.0 Source: MF Global (S) Pte. Ltd
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    • 464 38 Oct 4 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.988 6.481 0.705 7.516 43.072 86.449 0.806 10.878 2.989 1.305 83.287 42.336 1.271 6.732 0.943 30.258 29.204 0.613 0.968 Canada 1.012 6.557
      464 words
    • 85 38 Oct 4 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 38 Oct 4 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2706 1.2724 0.9682 0.9687 Canadian dollar 1.2856 1.2875 0.9796 0.9802 Euro 1.8024 1.8042 1.3735 1.3736 NZ dollar 0.9735 0.9754 0.7418 0.7426 Sterling pound 2.0726 2.0749 1.5794 1.5797
      154 words
    • 140 38 Oct 4 GOLD (US$/oz) Oct 04 Sep 30 Hong Kong 1316.60 1311.50 Sep 30 Oct 01 London 1301.10 1318.40 1301.85 1318.85 Source: Thomson Reuters CAST BAR Oct 04 (S$) Selling Buying Kilobar 59,744.52 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 134 56 5gm 380 279 10gm 679
      140 words
    • 71 38 Oct 1 Oct 1 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2328.75 2321.50 3 months 2359.00 2351.00 Copper, Grade A (US$/tonne) Cash 8088.00 8006.00 3 months 8100.00 8014.00 Lead (US$/tonne) Cash 2268.75 2252.25 3 months 2295.00 2278.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • 82 38 Oct 1 COCOA (£/tonne) Close Prev High/Low Dec 10 1868 1910 1938/1866 Mar 11 1886 1929 1952/1884 May 11 1903 1945 1967/1900 Jul 11 1915 1958 1975/1912 COFFEE (US$/tonne) Close Pev High/Low Nov 10 1725 1722 1740/1710 Jan 11 1750 1746 1765/1736 Mar 11 1772 1769 1785/1764 May 11
      82 words
    • 66 38 Oct 4 KLCE PALM FUTURES (RM/MT) Delivery Opening Last Av Vol Open Month Range Price Price High Low Done Position Oct 10 2690 2690 2705 2690 150 599 Nov 10 2654 2652 2686 2652 1848 ***** Dec 10 2655 2666 2689 2653 ***** ***** Jan 11 2666 2675
      66 words
    • 419 38 Oct 4 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6400 0 7710 Mar11 99.5800 0 1662 Jun11 99.5100 0 1871 Sep11 99.4250 0 486 EUROYEN TIBOR FUTURES Dec10 99.6875 99.6875 99.6875 99.6900 0 2972 Mar11 99.7150 0 1311 Jun11 99.7300 99.7300 99.7300 99.7300 50 3150
      419 words

  • PROPERTY
    • 325 39 But it does not see lending for real estate projects improving, adds chief executive Reuters [DUBAI] Private equity real estate firm Colony Capital will continue to expand its hospitality and consumer businesses in the Gulf Arab region, but does not see
      Reuters; BLOOMBERG  -  325 words
    • 185 39 Reuters [LONDON] US real estate investor Rockefeller Group International (RGI) has secured its maiden UK real estate deal with the purchase of a majority interest in unlisted Lon-don-based property fund manager Europa Capital. Detailed terms of the deal, which reflects Rockefeller’s ambition to
      Reuters  -  185 words
    • 226 39 Bernama [MIRI] The Malaysian Developers’ Council (MDC) is requesting the Federal and state governments to introduce a system that can reduce the developers’ burden in providing discounted prices on property units under the Bumiputera quota. In a statement faxed yesterday to Bernama here, the
      Bernama  -  226 words
    • 661 40 Record low bond yields, interest rates boost real estate appeal in Europe Reuters [LONDON] The real estate arm of German insurer Allianz is mothballing its British property investment plans, citing preference for currency-friendly eurozone deals and fears the UK market revival has run out
      Reuters; BLOOMBERG  -  661 words
    • 299 40 Nine out of 12 lenders on larger transactions are German: Savills Reuters [MUNICH] German banks are the most active in UK commercial property deals above £20 million (S$41.6 million), representing nine in a list of 12 banks willing to finance larger transactions, a survey
      Reuters; REUTERS  -  299 words
    • 472 41 Sun Hung Kai makes HK$4b and Cheung Kong over HK$7.6b Bloomberg [HONG KONG] Sun Hung Kai Properties Ltd and Cheung Kong Holdings Ltd, Hong Kong’s two largest developers, sold more than HK$11 billion (S$1.9 billion) worth of new properties over the
      Bloomberg  -  472 words
    • 423 41 Work on project near Muscat to resume in Q1 2011 Bloomberg [DUBAI] Oman’s government has stepped in to revive a stalled housing project partly owned by the developer of a Tiger Woods-branded golf resort in Dubai. Work on the Salam Yiti development close to
      Bloomberg  -  423 words
    • 431 42  -  Yishun executive condo previews this weekend with units at around $650-$700 psf By UMA SHANKARI DEMAND for the second executive condominium (EC) to be launched in the last five years MCC Land’s 406-unit The Canopy in Yishun is expected to be strong once the
      431 words
    • 346 42 JALAN Besar, famous for its old-world charm shophouses, will see an additional 51 of these vernacular buildings and two structures put under conservation. “This wraps up our conservation plan for the area,” said National Development Minister Mah Bow Tan yesterday. The additional
      346 words
  • Page 39 Advertisements
    • 771 39 DIGILAND INTERNATIONAL LIMITED (Company Registration No. *****0571K) (Incorporated in Singapore with limited liability) N O TI C E O F ANN U A L G ENERA L MEETIN G NOTICE IS HEREBY GIVEN that the SeventeenthAnnual General Meeting of DIGILAND INTERNATIONAL LIMITED (“the Company”) will be held at The Grassroots’Club,
      771 words
    • 40 39 Commercial/Residential Sites For Sale ByTender ?S iS Sittee Area 69,552.66 Ft FFrreehold ?P lP Plot 33 00 TTotalGF 208,657.9 Ft He ht orey Near ANMRT(NE13) Tender Closing Date: 3rd November 2010 (Thursday) 3.00pm FForDetails enderDocuments: Stan *****785 AAnngeline oh *****228
      40 words

  • Page 40 Advertisements
    • 243 40 'Za 4 mmm M all 1 k^i M Business has a new destination address in 71 Robinson Road a state-of-the-art commercial development right in the heart of the Central Business District, located on one of Singapore CBD's main business arteries. Designed by leading German architect, Ingenhoven Architects, who is a
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