The Business Times, 2 December 2010
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2010-12-02
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The Business Times
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Title Section24 2010-12-02 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sf!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, December 2, 201024 words
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Article, Illustration839 2010-12-02 1 MICHELLE QUAH - By MICHELLE QUAH [SINGAPORE] A tale of David and Goliath was played out to its familiar conclusion yesterday. In a ruling, the Court of Appeal has decided in favour of Internet start-up RecordTV, which had been sued for copyright violations by national broadcaster MediaCorp839 words
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843 2010-12-02 1 TEH SHI NING - Rising trend of last few years snaps, but fresh contract hirings may still have legs By TEH TEH SHI NING [SINGAPORE] The number of employees on term contracts in Singapore has dipped for the first time in at least five years, though staffing companies say843 words
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Article145 2010-12-02 1 G ST INDEX 3,181.94 (+37.24) G ST INDEX FUTURES 3,172 (+36) G SIMSCI 375.81 (+4.04) G SIMSCI FUTURES 375.00 (+4.30) FOREX US$ S$ US$ (S$ per US$) 1.316 (US$/S$ per 1.558 2.049 EURO (US$/S$/E) 1.304 1.715 Foreign currency per US$ S$ YEN 83.60 63.50 RM 3.155 2.398 HK$145 words
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Advertisement64 2010-12-02 1 BizIT IT security high on agenda of regional firms PAGE 27 COMMENTARY Make corporate culture work for you PAGE 23 COMPANIES SIA to pay US$48m fine in price-fixing case PAGE 6 PROPERTY JTC set to sell up to $650m of properties PAGE 30 In partnership with PATRIMONIO MUNDIAL WO R64 words
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TOP STORIES
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Article555 2010-12-02 2 Rebounding economy rewrites contract hiring THE number of employees on term contracts in Singapore has dipped for the first time in at least five years, though staffing companies say pockets of fresh contract hiring remain in sectors like finance. Statistics released by the Ministry of Manpower on Tuesday555 words
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450 2010-12-02 2 ANTHONY ROWLEY - Bangkok’s forceful policy response puts country in good stead By ANTHONY ROWLEY THAILAND’S economy has recovered strongly after taking a hiding from political and economic shocks, the International Monetary Fund (IMF) said yesterday. The outlook is for continuing recovery, but surging capital450 words
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Article, Illustration673 2010-12-02 2 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] Speculation that the euro currency might be in jeopardy has been dismissed as “totally absurd” by Klaus Regling, the frontman for the European Financial Stability Facility a 440 billion euro (S$757 billion) kitty for eurozone member countries inAFP FILE PHOTO - 673 words
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Article106 2010-12-02 2 IN the report “New rule may weigh on prices of luxury condos” (BT, Nov 30), it was stated that developers lose flexibility to time their constructions with the upcoming amendments to the Residential Property Act (RPA). This is inaccurate. Under the current RPA, foreign housing developers are already subject106 words
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Article, Illustration393 2010-12-02 2 WINSTON CHAI - SingTel’s pay-TV subscriber base swells almost five-fold in past two years By WINSTON CHAI [SINGAPORE] The appeal of the Barclays Premier League (BPL) has been proved beyond a shadow of a doubt, as Singapore Telecommunication’s pay-TV base has soared almost five-fold inAFP - 393 words
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Article, Illustration804 2010-12-02 4 GRACE LEONG - They contend in appeal that judge ‘erred in law in imposing only fines’ By GRACE LEONG [SINGAPORE] Public prosecutors are challenging a landmark ruling they call too lenient because it spared former AEMEvertech CEO Ang Seng Thor from prison after he helped expose corrupt804 words
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432 2010-12-02 4 EMILYN YAP - By EMILYN YAP [SINGAPORE] Lion City Hotel, a 42-year-old landmark in Tanjong Katong, could be making way for new developments. The hotel and the former Hollywood Theatre next to it have been put up for sale by the family of the432 words
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Article, Illustration673 2010-12-02 4 KALPANA RASHIWALA - By KALPANA KALPANA RASHIWALA [SINGAPORE] Against a backdrop towards developing shoebox apartments and a bigger proportion of smaller units in condo projects, the average size of non-landed homes used to estimate housing supply in the Government Land Sales (GLS) Programme hasFILE PHOTO - 673 words
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Article, Illustration627 2010-12-02 4 S JAYASANKARAN - With BN convention this weekend, snap polls possibility seen By S JAYASANKARAN IN THE clearest indication yet that Malaysia’s ruling Barisan Nasional (BN) coalition is laying the ground for a snap general election, Prime Minister Najib Razak has said that party elections scheduled for lateAP - 627 words
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Advertisement870 2010-12-02 4 EZRA HOLDINGS LIMITED Co. Reg. No. *****1411N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Ezra Holdings Limited (“the Company”) will be held at Klapsons, The Boutique Hotel Concerto Room I/ II at Level 18, 15 Hoe870 words
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Advertisement393 2010-12-02 4 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF REN DE PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) Company Registration No: *****5214R At an Extraordinary General Meeting of the Members of REN DE PTE. LTD. convened and held at 101 Upper Cross Street #04-43 People’s Park393 words
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Advertisement148 2010-12-02 4 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF J2 PTE. LTD. CO. REG. NO. *****5544G (IN CREDITORS’ VOLUNTARY LIQUIDATION) NOTICE OF MEETING OF CREDITORS Take notice that a meeting of creditors of the above matter will be held at 400 Orchard Road #08-02 Orchard148 words
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Advertisement167 2010-12-02 5 Life isn't just a passage -to be enjoyed but a journey to be experienced. The All New XJ is the most aerodynamic Jaguar ever. It is also the perfect antidote to ordinary luxury sedans especially when you're in the driver's seat. Feel the exhilaration as it gets you from 0167 words
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COMPANY NEWS
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Article, Illustration487 2010-12-02 6 VEN SREENIVASAN - Meanwhile, airline raises fuel surcharge the first in more than two years By VEN VEN SREENIVASAN SINGAPORE Airlines has said it will pay a US$48 million (S$62 million) fine imposed by the anti-trust division of the US Department of Justice followingBLOOMBERG FILE PHOTO - 487 words
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Article220 2010-12-02 6 JAMIE LEE - By JAMIE JAMIE LEE OSIM International has hopped onto the bandwagon of Singa-pore-listed companies issuing Taiwan Depository Receipts (TDRs). The maker of massage chairs said yesterday that it plans to offer and list TDRs to diversify its shareholder base and have another fund-raising platform. OSIM intends220 words
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389 2010-12-02 6 TEH SHI NING - Group will continue to focus attention on core print business AGM WATCH By TEH SHI NING SINGAPORE Press Holdings (SPH) is actively seeking out fresh opportunities for its property and new media arms while enhancing its core print business, the group’s chairman and389 words
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186 2010-12-02 6 JOYCE HOOI - By JOYCE HOOI COSCO (Dalian) Shipyard a unit of Cosco Corporation (Singapore) has won contracts valued at more than US$110 million to build three bulk carriers. The vessels, each weighing in at 82,000 deadweight tonnes, will be built at Cosco (Dalian). They are scheduled for186 words
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Article382 2010-12-02 7 JAMIE LEE - The stock closed at $1.03, down 21% from its IPO price of $1.30 HOT STOCKS By JAMIE LEE SHARES of Amtek Engineering slumped as much as 24.2 per cent from its listing price on its first day of trading, joining the rest of the recent382 words
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427 2010-12-02 7 LINETTE LIM - C&O stock rises 4.1% before closing 2.1% up at 49.5 cents By LINETTE LIM C&O Pharmaceutical Technology’s stock yesterday rose as much as 4.1 per cent as investors reacted to an announcement that Sumitomo Corporation has taken a 29 per cent stake in427 words
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280 2010-12-02 7 JAMIE LEE - By JAMIE LEE KIM Eng Securities plans to grow its client base by 20 per cent in the next three years with an eye on expanding its retail base, said Kim Eng Holdings CEO Ronald Ooi yesterday. Mr Ooi made this statement after280 words
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233 2010-12-02 8 NOBLE Group, a global supply chain manager of bulk commodities, said yesterday that the syndication for its revolving credit facilities has been successfully closed at a “record” level. The facilities were launched with a target size of US$1.5 billion and were substantially233 words
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Article, Illustration561 2010-12-02 8 LYNETTE KHOO - It favours cyclical Taiwan, Korea markets and tech, energy, materials By LYNETTE KHOO CREDIT Suisse is projecting a 20 per cent upside in Asia ex-Japan equities in 2011 as it believes global industrial production is bottoming out earlier than expected. Sakthi Siva, Credit Suisse561 words
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492 2010-12-02 8 It says the stocks face significant headwinds in H1 Bloomberg [JAKARTA] Morgan Stanley said it’s less optimistic than “consensus” on emergingmarket stocks in 2011, advising caution in the first half as growth slows and inflation squeezes profit margins while prompting higher interest rates.Bloomberg - 492 words
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COMPANY BRIEFS
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101 2010-12-02 8 CHINA Paper Holdings said it will invest 20 million yuan (S$3.93 million) in a paper stationery production facility to meet China’s demand for paper stationery. About 90 per cent of the investment will be used for the acquisition of plant and machinery and101 words
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69 2010-12-02 8 JARDINE Cycle Carriage’s subsidiary, PT Astra International Tbk, has signed an agreement for US$200 million and 1.5 trillion Indonesian rupiah (S$218 million) in revolving credit facilities. The agent bank for the agreement is Standard Chartered Bank (Hong Kong) Ltd while the rupiah paying69 words
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36 2010-12-02 8 TT International and Boustead Singapore have agreed to extend the deadline to Dec 13 for signing definitive agreements in relation to the stalled Big Box warehouse-and-retail project, they said yesterday.36 words
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28 2010-12-02 8 CNA Group has entered into a deed to sell its 49.9 per cent stake in Standard Water for US$17 million.28 words
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Advertisement136 2010-12-02 6 LearningHub Fashion Retail Transforming People Service Excellence 1 Shaping Professionals for the Future NTUC LearningHub's latest initiative Next U™ focuses on offering courses that are relevant for the Professionals, Managers and Executives (PMEs) in the workforce. Next U™ series of programmes has been carefully structured in collaboration with several world-renowned136 words
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Advertisement345 2010-12-02 8 Trade lots for less Commodity CFDs. Smaller lot sizes for greater trading flexibility with Saxo. TTTr r liil <■■■. K 8W K x St Commodity futures contracts are great for hedging in a volatile market. With Saxo Capital Markets, you can go long or short with Commodity CFDs. Commodity CFDs345 words
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SINGAPORE MARKETS
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Article, Illustration564 2010-12-02 9 R SIVANITHY - Short-covering after several days of weakness likely to have also played a big part in gains made STOCKS R SIVANITHY Senior Correspondent AN afternoon rebound in Hong Kong yesterday helped inject some life into a session that, until 3 pm, looked to be headedSource: Bloomberg - 564 words
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Article66 2010-12-02 9 Dec 1 VALUE CLOSE BT OB/OS -474.00 +238.0 BT CADI -*****.00 +147.0 BT 10-day MA -*****.00 -47.00 FTSE ST Mid Cap 794.44 +8.10 FTSE ST Small Cap 570.00 +4.27 FTSE ST All Share 786.57 +8.82 FTSE ST China Top 290.97 +3.74 FTSE ST China 327.47 +4.20 FTSE66 words
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Article58 2010-12-02 9 VOLUME Jade Tech 115,575,000 Genting SP 101,745,000 Amtek 75,737,000 Golden Agri 69,436,000 *Genting HK US$ 32,224,000 CapitaLand 27,035,000 Bio-Treat R 25,530,000 SingTel 24,675,000 SuntecReit 23,494,000 Bio-Treat 22,790,000 VALUE($) Genting SP 203,344,602 CapitaLand 98,020,940 Amtek 77,655,495 SingTel 76,620,640 Keppel Corp 52,617,923 Golden Agri 50,878,286 OCBC Bk 49,259,466 Noble58 words
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Article186 2010-12-02 9 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 3 3 0 0 0 9 3 3 Manufacturing 65 34 60 8 3 14 73 37 74 Commerce 28 11 16 1 3 6 29 14 22 Tpt/Stor/Comms 23 7 11186 words
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BROKERS’ TAKE
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Article, Illustration491 2010-12-02 9 JOYCE HOOI - Compiled by JOYCE HOOI Dec 1 close: $1.47 PHILLIP SECURITIES RESEARCH, Dec 1 SUNTEC Real Estate Investment Trust (Suntec Reit) announced the financing structure of the Marina Bay Financial Centre (MBFC) acquisition. Suntec Reit raised gross proceeds of $428.8 million through a private placement andSource: Bloomberg - 491 words
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Article117 2010-12-02 9 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 22,878 22,878 76,173 76,173 Manufacturing 296,206 127,020 423,226 274,981 2,295 277,276 Commerce 73,631 9,580 83,211 130,237 1,265 131,502 Tpt/Stor/Comms 89,926 289 90,215 207,395 67 207,462 Finance 19,301 19,301 144,373 144,373 Construction 9,430 7,216 16,646 2,473117 words
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Article110 2010-12-02 9 Stock name Close Change CapMallsAsia 1.970 CapitaLand 3.660 +0.050 CapitaMall 1.910 +0.070 CityDev 12.620 -0.040 ComfortDelGro 1.520 DBS Grp 14.020 +0.020 F&N 6.210 +0.200 Genting SP 2.030 +0.040 Golden Agri 0.740 +0.015 HK Land 6.960 +0.180 JMH 44.680 +1.440 JSH 26.400 +0.200 Jardine C&C 37.000 -0.040110 words
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472 2010-12-02 9 CURRENCIES Reuters [LONDON] The euro rose yesterday as a three-day selling spree lost steam, but doubts about whether the euro zone can contain debt problems facing some states kept the single currency in range of a 21/2-month low versus the dollar. AReuters - 472 words
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Article105 2010-12-02 9 BY CENTS CLOSE UP GLD 10US$ ***** 219.6 1.2 JMH 4468 189.4 3.3 OCBC Bk 4.5%NCPS 100 ***** 100.0 1.0 DBXT CSI300 10US$ 1086 47.4 3.4 DBXT MSTaiwan 10US$ 1844 47.4 2.0 SIA 1584 42.0 2.7 SIA 200 1584 40.0 2.6 Keppel Corp 1096 30.0 2.8 IS MSCI India105 words
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Article132 2010-12-02 9 BY CENTS CLOSE DOWN DBXT FTVietnam 10US$ 3395 -57.9 -1.3 IS DJ US Tech 6115 -56.6 -0.7 DBXT FTChina25 10US$ 3154 -47.4 -1.1 IS S&P500 ***** -40.8 -0.3 DBXT MSAsExJp 10US$ 3185 -38.1 -0.9 DBXT S&P Short 10US$ 4800 -15.8 -0.2 DBXT MSBrazil 10US$ 700 -13.2 -1.4 DBXT SPASX200132 words
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Advertisement26 2010-12-02 9 INSTRUMENTS FOR PROFESSIONALS" TEL. +65 6732 6347 WWW.BREITLING.COM r Ai. I r a IN Ml r ,i -> "■*5: 'Tl III* PU RE BREITLING The Blackbird S$11,342.00*26 words
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SINGAPORE NEWS
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503 2010-12-02 10 RONNIE LIM - No health concerns as production in S’pore is used in industrial products By RONNIE LIM MITSUI Chemicals which produces Bisphenol A (BPA) in Singapore says that demand for its BPA has not been impacted by health concerns including an upcoming EU ban503 words
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266 2010-12-02 10 THE chief executive officer of the Central Provident Fund (CPF) Board, Liew Heng San, is retiring on Jan 1, after 31 years in the Administrative Service. Yee Ping Yi, now second deputy secretary at the Ministry of Manpower (MOM), will succeed Mr Liew,266 words
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Article, Illustration589 2010-12-02 10 CHAN SWEE KHUAN - Its parks aim to raise visitor respect for plant and animal life By CHAN SWEE KHUAN EVEN as it celebrates high visitor arrivals at its attractions ahead of its 10th anniversary, Wildlife Reserves Singapore is already planning ahead for the next decade. The award-winning parks589 words
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Article, Illustration485 2010-12-02 10 SAMUEL EE - Lead Kevin Spacey in town for talk show part of A8’s launch By SAMUEL EE AUDI will present a series of stage performances to be brought in by the Singapore Repertory Theatre next year called the Audi Classics. The performances will include485 words
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374 2010-12-02 10 MICHELLE QUAH - Electronic system to replace paper forms from next year By MICHELLE QUAH THE taxman is going to make it easier for tourists to get their Goods and Services Tax (GST) refunds from the middle of next year. The Inland Revenue Authority of Singapore (IRAS)374 words
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299 2010-12-02 10 SMALL and medium enterprises in Singapore will have an additional accounting framework to choose from next year, following the formal issue of the Singapore Financial Reporting Standard for Small Entities (SFRS for Small Entities) by the Singapore Accounting Standards Council (ASC) yesterday.299 words
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Advertisement87 2010-12-02 10 Pulses December issue out now! What is ahead for China, the new global powerhouse? Where to put your money in 2011. How much is the Reit worth? We look at the determining factors and valuation measures for a Reit. Why does it pay to recognise firms with a long-term competitive87 words
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Advertisement971 2010-12-02 11 Advertising Feature From One Luxury To Another Perhaps it is the soothing hues of green; or perhaps it is the melodious sounds of nature. Whatever the reason may be, a magnificent sight of a golf course will always be an attraction in an urban lifestyle today Which is why, the971 words
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ECONOMY WATCH
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626 2010-12-02 12 Move could limit growth in companies’ profits and investment Bloomberg [TOKYO] Japan may scale back a plan to cut the corporate tax rate by five percentage points because of concern it will increase the government’s deficit, a move that could limit growthBloomberg - 626 words
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Article, Illustration601 2010-12-02 12 Nine-month growth also lower than expected at 2.7% Reuters [SYDNEY] Australia’s economy grew at the slowest pace in almost two years last quarter as the booming mining sector hit an air pocket while consumers were cowed by higher interest rates, sending the localReuters; REUTERS - 601 words
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415 2010-12-02 12 Reuters [SEOUL] South Korean exports in November topped expectations and a manufacturing sector activity index snapped a six-month fall, relieving some concerns that Asia’sfourth largest economy may be quickly running out of steam. Europe’s prolonged sovereign debt problems and tensions at homeReuters - 415 words
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440 2010-12-02 12 Bloomberg [HANOI] Vietnam’s Prime Minister Nguyen Tan Dung has asked the central bank to stabilise the foreign exchange and gold markets after the gap between official and black rates widened and the price of the precious metal surged. The State BankBloomberg - 440 words
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598 2010-12-02 12 Exports set to hit a record, farm profits seen surging Bloomberg [WASHINGTON] US agriculture is booming even as the broader economy struggles to recover from recession, with exports heading to a record and farmer profits near an all-time high. Shipments of farmBloomberg - 598 words
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Advertisement22 2010-12-02 12 SCHOOL STORIES What makes Indian schools tick? TALKING BEAUTY WITH SUDEEPA GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)22 words
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MALAYSIA/INDONESIA
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Article593 2010-12-02 13 PAULINE NG - It will compete with existing Kemaman supply base, which has expansion room By PAULINE PAULINE NG NEW tax incentives announced for the oil and gas sector by the Malaysian government are expected to boost marginal field developments, but analysts are less certain about the commercial593 words
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458 2010-12-02 13 Reuters [JAKARTA] Indonesia’s annual inflation accelerated faster-than-expected last month, underlining market expectations that the central bank will need to hike rates in the first half of next year to contain price pressures. However, Bank Indonesia is expected to hold fire this week, given that itReuters - 458 words
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Article267 2010-12-02 13 Pictet-Absl Rtn Glo Cons-P EUR 26.11.2010 EUR 100,13 Pictet-Absl Rtn Glo Div-P EUR 26.11.2010 EUR 112,31 Pictet-Asian Equities Ex Japan-P USD 26.11.2010 USD 178,67 Pictet-Asian Local Currency Debt-P USD 26.11.2010 USD 135,60 Pictet-Biotech-P USD 25.11.2010 USD 285,47 Pictet-CHF Liquidity-P 26.11.2010 CHF 124,13 Pictet-Clean Energy-P USD 25.11.2010 USD 75,55267 words
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207 2010-12-02 13 Bloomberg [SINGAPORE] Overseas investors boosted their stake in ringgit-denominated debt for an eighth straight month in October to an all-time high even as the currency weakened, according to data published by Bank Negara Malaysia. Their holdings rose 10 per cent to RM127 billion (S$52.6Bloomberg - 207 words
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GREATER CHINA
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Article, Illustration697 2010-12-02 14 Rates seen rising around Dec 13 when govt will announce latest price data Bloomberg [BEIJING] China’s manufacturing grew at a faster pace in November, indicating the economy can withstand higher interest rates as price pressures escalate. The Purchasing Managers’ Index (PMI) rose to 55.2 fromBloomberg; BLOOMBERG - 697 words
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419 2010-12-02 14 Reuters [HONG KONG] Macau may be moving toward a coordinated approach to new casino development to regulate capacity addition, potentially setting its six casino operators against each other as they vie for permission to open new properties in the future. MGM Resorts’ MacauReuters - 419 words
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390 2010-12-02 14 Paper questions US inability to block posting of leaks AP [BEIJING] China took no chances with the latest online sensation and blocked the WikiLeaks website yesterday amid potentially embarrassing claims made in leaked US diplomatic cables posted there. Attempts to access wikileaks.org and cablegate.AP - 390 words
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339 2010-12-02 14 Bloomberg [SINGAPORE] Extracting unconventional gas from coal seams in China is likely to be more expensive than in the US because alternative drilling techniques are required, according to Standard Chartered plc. Companies must spend more to extract gas from China’s coal seamsBloomberg - 339 words
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Article, Illustration391 2010-12-02 14 Bloomberg [HONG KONG] An ink painting by Fu Baoshi that sold for an artist record of HK$70.1 million (S$11.8 million) helped Christie’s International beat its pre-sale estimate for the company’s autumn Hong Kong auctions with two days still to run. In a day dominated byBloomberg; XINHUA - 391 words
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Advertisement16 2010-12-02 14 www.omy.sg a? ion ii y v ■v. CD Fjiee Flow 60 d IJH v I blog.omy.sg/foodeology16 words
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Advertisement18 2010-12-02 14 IT'S HERE! ..ill 3G 2:40 PM LDHDinE... GET THE FREE 9I.3FM APP NOW! Available on the App Store18 words
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INDIA
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Article, Illustration518 2010-12-02 15 Bill ensures US$9.8b interest payments on govt debt and food, fuel subsidies Reuters [NEW DELHI] India’s ruling coalition forced a key spending bill through parliament, which remained deadlocked yesterday over demands by the Opposition for a probe into one of several graft scandalsReuters; REUTERS - 518 words
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Article381 2010-12-02 15 Bloomberg [NEW DELHI] India, the fourth-biggest producer of natural rubber, may allow imports of as much as 100,000 tonnes at a lower duty to meet surging demand for tires as rising incomes boost car sales, Trade Secretary Rahul Khullar said. The finance ministry mayBloomberg - 381 words
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252 2010-12-02 15 AFP [NEW DELHI] India’s best-known television journalist has defended herself against charges of acting as a go-be-tween in negotiations involving big business and political parties. Barkha Dutt, a national personality for her appearances on the NDTV news channel, was secretly recorded inAFP - 252 words
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Advertisement20 2010-12-02 15 END OF SEASON SALE STARTS TODAY PARAGON THE SHOPPES AT MARINA BAY SANDS TAKASHIMAYA S.C. RAFFLES CITY SUNTEC CITY MALL20 words
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WORLD
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Article, Illustration762 2010-12-02 16 She warns of lingering risks, including jitters over Europe’s debt woes Reuters [YAMAGATA] Prolonged economic weakness may keep Japan in deflation longer than the Bank of Japan’s current forecast, a member of its policy board said yesterday, offering the bleakest view to dateReuters; REUTERS - 762 words
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479 2010-12-02 16 Reuters [LONDON] British manufacturing activity accelerated unexpectedly to a 16-year high in November and employment climbed at a record pace, according to a survey yesterday that pointed to a surprisingly robust recovery in the industrial sector. The Markit/CIPS headline manufacturing Purchasing Managers’ Index (PMI)Reuters - 479 words
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466 2010-12-02 16 Reuters [KUALA LUMPUR] When regulators in Dubai and Malaysia signed a deal in 2007 to facilitate cross-border sales of Syariah funds on each other’s turf, they were hoping for a burst of activity to galvanise the US$50 billion Islamic asset industry. ThreeReuters - 466 words
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Article, Illustration563 2010-12-02 16 AFP [HAINICHEN, Germany] Surrounded by smoking vats in his tumble-down factory in former Communist East Germany, Wolfram Palitzsch sees a golden future in recycling “rare earths”, the metals crucial to must-have gadgets such as mobile phones and TVs. The 44-year-old scientist isAFP - 563 words
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425 2010-12-02 16 AP [WASHINGTON] (AP) Federal regulators on Tuesday charged a former partner at Deloitte Touche LLP and his wife with insider trading, accusing the couple of providing confidential information on company acquisitions to relatives overseas. The Securities and Exchange Commission announced theAP - 425 words
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395 2010-12-02 17 Govt told to adopt growth strategy and abandon politically charged debate Reuters [SYDNEY] Australia must abandon its “politically charged” population debate and adopt a comprehensive growth strategy or risk undermining economic growth and increasing the nation’s investment risk, said the Business Council ofReuters - 395 words
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401 2010-12-02 17 Bloomberg [NEW YORK] American International Group Inc (AIG), the insurer rescued by the US government, sold US$2 billion of bonds in its first offering since the bailout in 2008. AIG issued US$500 million of 3.65 per cent notes dueBloomberg - 401 words
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Article, Illustration413 2010-12-02 17 AFP [LOS ANGELES] Michael Douglas is on an “upward curve” after cancer treatment, his wife said in remarks published on Tuesday, while the veteran star said that the experience gave him “a little perspective on mortality”. Mr Douglas, who was diagnosed with throat cancerAFP; PHOTO: REUTERS - 413 words
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667 2010-12-02 18 Worst demand in 6 months reflects concern over euro zone debt crisis Reuters [ROME] Global concern about the debt crisis rocking the euro zone mounted yesterday with Germany encountering the worst demand for its five-year debt in over six months. The German government yesterdayReuters - 667 words
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354 2010-12-02 18 Reuters [HONG KONG] The boss of Britain’s biggest insurer Prudential plc outlined a plan to double Asian premiums by 2013, a move seen as bolstering his grip on the top job after a bungled takeover in the high-growth region. Prudential,Reuters - 354 words
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Article, Illustration439 2010-12-02 18 Further provocation will be met with force, says president Reuters [SEOUL] South Korea plans more military drills after US warships left yesterday, Yonhap news agency said, a move likely to add to tension on the divided peninsula after last week’s attack by the North.Reuters; REUTERS - 439 words
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437 2010-12-02 18 LATEST US DATA Bloomberg AP Reuters [WASHINGTON] Manufacturing in the US expanded for a 16th consecutive month in November a sign that the world’s largest economy is gaining traction as the year draws to a close. The Institute for Supply Management’s factory index wasBloomberg; AP; Reuters - 437 words
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Article, Illustration461 2010-12-02 18 Reuters [NEW YORK] US Federal Reserve chairman Ben Bernanke warned on Tuesday that a long period of high unemployment could exact a steep social cost, as he and other Fed officials defended the central bank against criticism of its easy money policy.Reuters; BLOOMBERG - 461 words
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Advertisement585 2010-12-02 17 «SV!t2 mm ammr. ■a* jsamzy* Molds thrive multiply If left unchecked, molds can destroy the beauty of the home and pose a potential health hazard. Molds grow at an astounding rate if the surface stays wet for a period of time. In ideal conditions, mold takes about 24 to 48585 words
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Advertisement23 2010-12-02 18 <* fr& Lianhe Zaobao Chew's Agriculture to shed traditional image for more "high-end" brand 19 3x51? To subscribe, call 6388-3838 or go to sphsubscription.com.sg23 words
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AVIATION
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Article, Illustration446 2010-12-02 19 Bloomberg [LONDON] Air services across Europe may be in for a third day of disruptions, with snow and bad weather threatening more flight cancellations and delays like those that hit airports on Tuesday, including in Frankfurt, London, Amsterdam and Edinburgh. The runway at London’sBloomberg; AFP - 446 words
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516 2010-12-02 19 Comparing names against watch-list will no more be done by airlines NYT [WASHINGTON] Nearly a decade after the 2001 terrorist attacks, the federal government has as of this week completed taking over the task of matching the names of airlineNYT - 516 words
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4221 2010-12-02 20 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.4,221 words
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402 2010-12-02 19 VEN SREENIVASAN - Company building state-of-the art facilities at Seletar Aerospace Park By VEN VEN SREENIVASAN [SINGAPORE] Singaporebased aerospace services provider Fokker Services hinted at ambitious plans to ramp up its regional operations as it held its ground breaking ceremony for its new Asia-Pacific402 words
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Article3252 2010-12-02 19 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 KU6458 1425 SQ458 1425 EY473 1940 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 9W4081 1830 AF8087 1830 BA7381 1830 JL5084 1830 MU8213 1830 QF81 1830 Ahmedabad NH6292 1850 --SQ530 1850 Amsterdam3,252 words
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121 2010-12-02 19 Bloomberg [FRANKFURT] Deutsche Lufthansa AG’s cargo unit it needs extra equivalent to six MD-11 wide-bodies to match growth air-freight market. division, which the world’s fifth-largest cargo carrier, a 5 per cent gain in its freight from 2012 to 2015, by Asian demand, Otto, the unit’sBloomberg - 121 words
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Page 19 Miscellaneous
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Miscellaneous375 2010-12-02 19 CRYPTIC CROSSWORD Across 1 Exercises that could lead to ‘bio-scare’ (8) 5 One of the Channel Islands has a sort of appeal for loner (6) 9 Apprehension peculiar sense following a military action (9) 11 Often organist is too much for this singer (5) 12 Being swindled makes a politician375 words
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Page 20 Advertisements
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Advertisement27 2010-12-02 20 Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 —~THE BUSINESS TIMES SHIPPING TIMES27 words
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Article, Illustration357 2010-12-02 21 Bloomberg [LONDON] A surplus of supertankers competing for Middle East crude oil stayed unchanged as returns from shipping two million-barrel cargoes to Asia slid. There are 18 per cent more very large crude carriers, or VLCCs, for hire in the Persian Gulf overBloomberg; BLOOMBERG - 357 words
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523 2010-12-02 21 Leaked cables show US govt’s concern over Blackwater NYT [WASHINGTON] Besieged by criminal inquiries and congressional investigators, how could the world’s most controversial private security company drum up new business? By battling pirates on the high seas, of course. In late 2008, Blackwater Worldwide,NYT - 523 words
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Article278 2010-12-02 21 SGX '000 Dec 1 S$ +/-Vol CH Offshore 0.48 0.01 1133 Chuan Hup Hldg 0.23 0.02 1012 Cosco Corp 2.06 0.04 9451 CWT Ltd 0.96 0.02 1117 Ezra Hldgs 1.66 0.01 9924 First Ship Lea 0.44 unch 141 Freight Links 0.08 0.01 3946 Grand Banks 0.45 unch 50278 words
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775 2010-12-02 21 Seadrill invests US$2b on new rigs as global orders rise 22% since July Bloomberg [NEW YORK] Billionaire John Fredriksen’s Seadrill invested US$2 billion in the past two months on oil rigs, leading a jump in orders as safety concerns after BP’s GulfBloomberg - 775 words
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Page 21 Advertisements
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Advertisement29 2010-12-02 21 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES29 words
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Advertisement15 2010-12-02 21 Experienced sh;p maintenance services wanted. Can they find your services here in the Shipping Times?15 words
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EDITORIAL & OPINION
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524 2010-12-02 22 EDITORIAL WITH the economy poised to clock 15 per cent growth this year an all-time high for Singapore and surely among the fastest of any economy in 2010 the latest labour market data showing record employment and improved earnings comes as no surprise. The524 words
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Article, Illustration748 2010-12-02 22 JOE HOGAN - THE BOTTOM LINE JOE HOGAN The writer is the CEO of ABB, a Swiss-based power and automation company SECURING a global climate treaty this year in Cancun seems no more likely than it was last year in Copenhagen. Most countries see748 words
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Article, Illustration991 2010-12-02 22 ANTHONY ROWLEY - Emerging economies have to suffer the consequences of Western economies’ failures ANTHONY ROWLEY Tokyo Correspondent I HAVE long believed that the financial sector in Anglo-Saxon economies has become too big for its boots, and the past week has brought fresh evidence of thisREUTERS - 991 words
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Article, Illustration1326 2010-12-02 23 HOWARD THOMAS - Asian managers need a much more empowered culture that reflects openness to change and more engaged employees By HOWARD THOMAS The writer is dean of the Lee Kong Chian School of Business at Singapore Management University. He is also the school’s chair in strategicBLOOMBERG - 1,326 words
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Article, Illustration924 2010-12-02 23 THOMAS FRIEDMAN - THOMAS FRIEDMAN NYT WHILEsecretsfromWikiLeaksweresplashed all over the American newspapers, I couldn’t help but wonder: What if China had a WikiLeaker and we could see what its embassy in Washington was reporting about America? I suspect the cable would read like this: Washington Embassy, People’sNYT; REUTERS - 924 words
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SINGAPORE STOCKS
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Article8858 2010-12-02 24 Transaction date: Dec 1 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 14.5 3148 8Telecom 18 17.5 18.5 1.7 10.1 5.8 86.2 12 5 5834 A-Sonic 5 unch 5618,858 words
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Article1836 2010-12-02 25 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 7 4 1181 t AA Grp 5 4 5 27.8 4.8 225 130 6222 t APStrategic 164 +2 1 164 164 1581,836 words
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Article9446 2010-12-02 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.29/ APS Alpha Fund (USD)!** 0.98/ 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 WM9,446 words
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Article861 2010-12-02 25 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 $mil 124 107 6389 ABF SG Bond ETF 113 +1 8 113 113 111 113.9 515.8 1056 761 CIMBAsean40 100US$ US990 +4 135 990 979861 words
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Article77 2010-12-02 25 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 $mil 56 38 6000 AVJennings A52 -1 1 52 52 52 55 3.6 6.7 4.2 135.4 55 16 6017 Genting HK US$ US43 +1.5 ***** 43.577 words
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FINANCE & COMMODITIES
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374 2010-12-02 26 In local curr In S$ In US$ dy yr dy yr dy yr Nov 30 Index Change Change Change Change Change Change World Index Preliminary 850.8 -0.6 2.2 -0.6 -3.8 -0.6 2.2 EAFE Preliminary 765.0 -0.8 -2.5 -0.7 -8.6 -0.7 -2.9 Europe Preliminary 1108.7 -0.6374 words
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Article180 2010-12-02 26 Dec 1 $S Offer Bid 0vernight 0.02 par 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 1/16 US$ Offer Bid 7 days 0.35 0.25 1 month 0.42 0.32 2 months 0.45 0.35 3 months 0.48 0.38 6 months 0.55 0.45 9 months 0.75 0.55 12180 words
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Article22 2010-12-02 26 Dec 1 S$ Bid Offer 1-month 1.3152 1.3162 2-months 1.3152 1.3162 3-months 1.3152 1.3162 6-months 1.3152 1.3163 Source: OCBC22 words
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Article121 2010-12-02 26 Dec 01 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.31 1.236 Can dollar 1.312 1.262 Euro 1.748 1.681 Sterling pound 2.094 2.014 NZ dollar 1.008 0.96 US dollar 1.341 1.29 Local dollars to 100 units of foreign121 words
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Article27 2010-12-02 26 Dec 1 Open High Sett STI Dec 3172 SIMSCI Dec 370.8 375.0 375.0 Taiwan Dec 298.5 303.5 303.3 Source: MF Global (S) Pte. Ltd27 words
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Article65 2010-12-02 26 Dec 1 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 10 3549 3570 3561 3527 395 1536 Jan 11 3450 3528 3536 3450 997 ***** Feb 11 3442 3486 3500 3428 ***** ***** Mar 11 3406 345165 words
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Article421 2010-12-02 26 Dec 1 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6250 0 7257 Mar11 99.4100 0 6471 Jun11 99.3400 0 4029 Sep11 99.2700 0 2441 EUROYEN TIBOR FUTURES Dec10 99.6600 99.6600 99.6600 99.6600 0 4288 Mar11 99.6375 0 1456 Jun11 99.6225 8 1437 Sep11 99.6250 99.6250421 words
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Article146 2010-12-02 26 Dec 1 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jan 11 436.0 Feb 11 437.0 Mar 11 437.5 Apr 11 437.5 May 11 436.0 436.0 436.0 4 Jun 11 436.0 436.0 436.0 4 Jul 11 436.5 436.0 436.5146 words
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Article88 2010-12-02 26 Dec 1 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 03.03.2011 0.34 1-Year BY*****N 01.11.2011 0.40 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 103.75 103.82 103.75 5-Year N*****0S 2.875 01.07.2015 107.44 107.60 107.4388 words
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Article107 2010-12-02 26 Nov 30 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 11 1243.00 1235.00 1247.25 1227.75 Mar 11 1251.50 1243.50 1255.50 1236.50 May 11 1253.00 1245.00 1256.75 1238.25 Jul 11 1255.75 1249.25 1260.25 1241.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 10 50.65107 words
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Article77 2010-12-02 26 CRUDE OIL PRODUCTS Nov 30 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 86.66 -0.05 WTI (Near Mth) 84.20 -1.36 Dubai (1-Mth F) 84.47 0.95 Tapis blend 91.40 0.90 Minas 86.70 0.90 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 89.50 0.69 Jet Kerosene 98.90 0.50 US$/barrel Opec Oil77 words
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2365 2010-12-02 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 2 unch 201 1 3 2.50 0 AFP Properties EW*****8 31.5 1 839 1 10 -3 1.37 59 6221 Asia-Pacific Strategic W*****6 34 -5 272,365 words
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Article464 2010-12-02 26 Dec 1 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.984 6.420 0.739 7.482 44.011 86.900 0.805 11.087 3.039 1.290 82.498 42.171 1.267 6.808 0.966 29.315 28.941 0.618 0.963 Canada 1.016 6.523464 words
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Article85 2010-12-02 26 Dec 1 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2010-12-02 26 Dec 1 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2665 1.2682 0.9630 0.9635 Canadian dollar 1.2868 1.2886 0.9784 0.9790 Euro 1.7148 1.7162 1.3038 1.3039 NZ dollar 0.9815 0.9833 0.7463 0.7471 Sterling pound 2.0484 2.0504 1.5575 1.5578154 words
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Article138 2010-12-02 26 GOLD (US$/oz) Dec 01 Nov 30 Hong Kong 1389.20 1370.40 Nov 30 Nov 29 London 1384.79 1363.80 1385.56 1364.80 Source: Thomson Reuters CAST BAR Dec 01 (S$) Selling Buying Kilobar 62,891.39 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 141 59 5gm 400 293 10gm 714 587 20gm138 words
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Article71 2010-12-02 26 Nov 30 Nov 30 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2254.75 2245.25 3 months 2275.00 2270.00 Copper, Grade A (US$/tonne) Cash 8417.50 8266.50 3 months 8360.00 8220.00 Lead (US$/tonne) Cash 2214.00 2166.50 3 months 2230.00 2188.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article82 2010-12-02 26 Nov 30 COCOA (£/tonne) Close Prev High/Low Dec 10 1892 1853 1906/1848 Mar 11 1904 1866 1919/1861 May 11 1918 1881 1932/1880 Jul 11 1933 1898 1947/1894 COFFEE (US$/tonne) Close Pev High/Low Jan 11 1789 1779 1792/1759 Mar 11 1809 1799 1812/1779 May 11 1833 1823 1835/1803 Juy 1182 words
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BizIT
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Article, Illustration837 2010-12-02 27 AMIT ROY CHOUDHURY - Study shows regional firms more willing to spend on security than others, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY AGLOBALsurveyshows Singaporean and other Asian companies are more likely to spend money on information security than firms operating out of any837 words
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441 2010-12-02 27 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY IT SERVICES provider CSC yesterday opened a new state-of-the-art regional headquarters and client engagement hub in Singapore which represents an investment of more than $85 million. The newly-expanded facility represents the latest phase of growth for CSC in the441 words
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Article, Illustration602 2010-12-02 27 RAJU CHELLAM - It’ll focus on telcos, financial services and govt sectors By RAJU CHELLAM ONE of Asia’s largest infocomm companies, Wipro Technologies, plans to offer a range of cloud computing services to companies and government departments across South-east Asia, with Singapore as a hub. The Bangalore-head-quartered602 words
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288 2010-12-02 27 RAJU CHELLAM - By RAJU CHELLAM WHILE many Indian infocomm technology (ICT) companies are focusing on growth from outside India, the domestic Indian market is surging ahead, with ICT spend set to cross US$71.9 billion in revenues next year, up 10.3 per cent over US$65.23288 words
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Article, Illustration777 2010-12-02 27 VICTORIA HO - By VICTORIA HO WITH international banks aggressively updating their systems and emerging markets leapfrogging technology adoption, local banks need to understand that “good enough” may soon prove insufficient, said Mark Greene, CEO of Fair Isaac Corporation (FICO). Perhaps most commonly known for its creditFILE PHOTO - 777 words
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PROPERTY
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Article, Illustration900 2010-12-02 28 Foreclosures, falling values threaten to derail consumer confidence: analysts Bloomberg [WASHINGTON] Home prices in 20 US cities rose in September at the slowest pace in eight months, showing the latest slump in sales is destabilising housing. The S&P/Case-Shiller index ofBloomberg; BLOOMBERG FILE PHOTO - 900 words
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1654 2010-12-02 28 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Marina Bay Residences Apt 03/11/2010 99 732 1287 1758 District 3 NON-LANDED Ascentia1,654 words
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Article, Illustration673 2010-12-02 29 Home prices may fall by as much as 5%, says property broker Countrywide Bloomberg [LONDON] UK home prices may fall by as much as 5 per cent next year as the government raises taxes and cuts jobs to reduce the record budget deficit,Bloomberg; BLOOMBERG - 673 words
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400 2010-12-02 29 Bloomberg [LONDON] UK house prices fell to a nine-month low last month as more people tried to sell their homes, a report by Nationwide Building Society showed. The average cost of a home dropped by 0.3 per cent from October toBloomberg - 400 words
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581 2010-12-02 29 Bernama [LONDON] Guoson Centre, the US$2 billion flagship project of Malaysia’s Hong Leong Group property arm, GuocoLand (China) Ltd (GLC), was voted the Best International Mixed-Use Development at the International Property Awards here last weekend. The achievement sets an important milestone for China asBernama - 581 words
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Article, Illustration241 2010-12-02 30 Bloomberg [HONG KONG] Wharf (Holdings) Ltd, owner of two of Hong Kong’s largest shopping centres, climbed on the city’s stock exchange after saying that it bought two plots of land in China’s Jiangsu province. The stock rose 7.1 per cent, theBloomberg; BLOOMBERG FILE PHOTO - 241 words
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353 2010-12-02 30 UMA SHANKARI - It appoints DTZ to coordinate second phase of divestment exercise By UMA SHANKARI [SINGAPORE] JTC Corporation is looking to sell some $600-$650 million of industrial properties in the second stage of its divestment exercise, sources say. JTC said yesterday it353 words
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238 2010-12-02 30 [SINGAPORE] A 30-year leasehold industrial site at the junction of Pioneer Road North and Soon Lee Street drew eight bids at the close of a government tender yesterday. The highest bid came from Kng Land Pte Ltd, which offered $26.9 million238 words
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Article, Illustration421 2010-12-02 31 Prices have risen for a second month despite central bank raising interest rate Bloomberg [SHANGHAI] China’s home prices rose 0.8 per cent last month, gaining for a second month even as the central bank raised interest rate for the first time since 2007, saidBloomberg; REUTERS - 421 words
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477 2010-12-02 31 EMILYN YAP - By EMILYN YAP [SINGAPORE] Is the deferred payment scheme (DPS) relevant in today’s property market? That’s the question on the mind of some observers as they learned the scheme can be offered for executive condominium (EC) projects. The low interest rate environment and higher477 words
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Advertisement242 2010-12-02 29 jjrijg ■Bill IIIII (imi itHI ifUi iiiifi The Chelsea Wharf Apartments 15 Lots Road, Chelsea SW10 Prominent Chelsea riverside apartment building •12 Luxury apartments and 12 secure car parking spaces Completed in 2008 and fully fitted to the highest standard Offered with vacant possession with the exception of two apartments242 words
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Advertisement217 2010-12-02 29 Toa Payoh Central 4 Units of Exclusive Single Storey B1 Terrace for Lease Able to accommodate ancillary office, showroom production and warehouse under one roof Car parks, container parking available Built in around 8500 sq ft per unit High ceiling around 30ft 6359 2824 General Magnetics Limited ii FREEHOLD RAFFLES217 words
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Advertisement407 2010-12-02 29 THE WORLD OF LUXURIOUS REAL ESTATE L Quillion builds multi million dollars investment property portfolios for people who want to invest in their future MAGNIFICENT PENTHOUSES Marina Bay Residence 10,000sf of class elegance in this sumptuous 5Xth fir penthouse of panoramic views of Singapore Ardmore Pk Singapore most desirable address,407 words
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Advertisement348 2010-12-02 30 LANTERNS COURT CANARY WHARF MILLHARBOUR LONDON E14 72-HOUR STOCK DISPOSAL GREAT DEALS ON ALL REMAINING APARTMENTS! STARTS THIS FRIDAY FROM £199,999! t IIS J IJ MIIIIHIIIIH III -JjkM<imil«lllll3 l[J 1IMII.. iiuiiimiiii ..a UMIMilil lit II L«lllli.lll..l II. II lllllllllllllllll II iimiiiinm IJi aiiimi in hp r'llllllll EM! i&t 1 IHH:iMHi:l348 words
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Advertisement11 2010-12-02 30 CATS Recruit The first step on your ladder to success CLA/AUG06/g11 words
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Advertisement275 2010-12-02 31 Parkshore Tanjong Rhu Road for Sa le Freehold, High Floor, Partial bayview 1636 sq ft, 3+1+1 Full facilities,near MRT Min.to City/Marina Bay Victor Koh 9625 6838 FOR SALE Club Street Row of 4 shophouses Good frontage Land 3600sf Lettable space 6810sf Sole agent: Angela *****825 HOT IPO Attract more interest275 words
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Advertisement343 2010-12-02 31 FOR SALE BY TENDER Lion City Hotel Hollywood Theatre Site Freehold Redevelopment Site For a mix of Residential and Commercial Development up to a GPR of 3.39 Site Area: 13,741.2 sq m (147,909 sq ft) Master Plan Zoning: Hotel/Commercial At the fringe of Proposed Paya Lebar Central Sub-regional Centre Within343 words
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Advertisement118 2010-12-02 32 Another successfu I year with $265billion of investment sales handled by our Investment Properties team in 2010 5* \S/ m ■2«p 5* a s s BBSS 0 1 Vr-Yi ■■■saasBSBBS jt. ii If \1 =a Hi IS I s 4 5HS Is* r-V* 4 .^*VV' ss V C; •tilLJssS tfttMUM118 words
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