The Business Times, 14 April 2011
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2011-04-14
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The Business Times
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Title Section24 2011-04-14 1 THE BUSINESS TIMES S$1 .00 online at http://www.businesstimes.com.sg SfJl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, April 14,201124 words
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Article, Illustration758 2011-04-14 1 MICHELLE QUAH - By MICHELLE QUAH [SINGAPORE] KhattarWong’s managing partner Tan Chong Huat and a significant number of partners and lawyers from its corporate, litigation and criminal litigation departments are understood to be thinking of leaving the firm, due to differences between the senior partners.FILE PHOTO - 758 words
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Article, Illustration958 2011-04-14 1 KALPANA RASHIWALA - Mapletree Business City clinches Nike, Deutsche Bank deals as businesses warm to space outside CBD By KALPANA RASHIWALA [SINGAPORE] The CBD office leasing market in Singapore may have slowed in the first quarter, but things have certainly been active for business parkFILE PHOTO - 958 words
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Article144 2011-04-14 1 G ST INDEX 3,172.08 (+34.08) G ST INDEX FUTURES 3,155.00 (+33.00) G SIMSCI 375.77 (+3.87) G SIMSCI FUTURES 373.20 (+3.60) FOREX US$ S$ US$ (S$ per US$) 1.256 (US$/S$ per 1.629 2.045 EURO (US$/S$/E) 1.450 1.821 Foreign currency per US$ S$ YEN 84.00 66.90 RM 3.023 2.407 HK$144 words
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Page 1 Advertisements
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Advertisement13 2011-04-14 1 HOCK LOCK SIEW Time to raise the bar for CPFIS stocks PAGE 513 words
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Advertisement9 2011-04-14 1 BizIT Beeconomic rides on Groupon’s buzz PAGE 8"*****1 *****49 words
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Advertisement165 2011-04-14 1 COMMENTARY US lawmakers preparing for next big fight PAGE 33 PROPERTY Oxley Bizhub aims for new benchmark PAGE 44 -t** U'li E S IBEEZ! m Sg SCMRJ WE .B» *i,* T .<T«V J;; »»]ff!!!!!i!iminiiiBi)i HlSalali liiHJiiiiii"!'"' 'Hi ;j,;";:'!,: I If mm Mill ■Htiiii lllllll «<"' rr~ X: f r i.165 words
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TOP STORIES
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Article585 2011-04-14 2 Office tenants answer call from beyond the city THE CBD office leasing market in Singapore may have slowed in the first quarter, but things have certainly been active for business park space outside the city, where rents are comparatively lower. Mapletree Business City, completed about a year ago585 words
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636 2011-04-14 2 AMIT ROY CHOUDHURY - It is narrowly beaten by Sweden in the WEF’s global IT report ranking By AMIT ROY CHOUDHURY [SINGAPORE] Singapore narrowly missed getting crowned as the world’s most networked ready nation, after being pipped to the spot once again by Sweden in the636 words
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Article, Illustration510 2011-04-14 2 EMILYN YAP - By EMILYN YAP [SINGAPORE] British billionaire Richard Branson will be taking his antics to new heights, turning into a stewardess onboard an AirAsia flight on May 1. And anyone with at least £4,500 (S$9,199) to spare will be able to buy boastingAIRASIA'S FACEBOOK PAGE - 510 words
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543 2011-04-14 4 TEH HOOI LING - It’s seen as reaching a tipping point in terms of income per capita Reports by TEH HOOI LING [SINGAPORE] Indonesia has become the newest hunting ground for private equity funds: most of the industry players at the Southeast Asia Private Equity Summit yesterday543 words
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Article, Illustration489 2011-04-14 4 [SINGAPORE] The Southeast Asian office of Lon-don-based 3i Investments plc has scored with all five of its investments in private companies in Southeast Asia in the last seven years two have gone public, returning two to three times their capital; the remaining three are489 words
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Article, Illustration529 2011-04-14 4 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] Maersk Line is most likely going to exercise its option for another 10 of the world’s largest ships in June, said Nils Andersen group chief executive officer of AP MollerMaersk Group yesterday on the sidelines ofFILE PHOTO - 529 words
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500 2011-04-14 4 S JAYASANKARAN - B y S JAYASANKARAN in Kuala Lumpur UNLIKE some of its regional neighbours Indonesia, for instance and other emerging economies, Malaysia hasn’t had a sovereign ratings upgrade since November 2004. Fitch Ratings, one of three international rating agencies in the500 words
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483 2011-04-14 4 SIOW LI SEN - By SIOW LI SEN [SINGAPORE] The regional bond markets are stirring again, as investors are back chasing Asian currency yields with the added excitement of the dim sum bonds thrown into the brew. The Monetary Authority of Singapore’s monetary policy review483 words
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Advertisement573 2011-04-14 2 UpcomingWorkshops for May 2011 Dates Workshop 1: Equity Derivatives 12 13 May 2011 Workshop 2: CorporateTreasury Risk Management 26 27 May 2011 Time 9.00am to 5.00pm Venue Orchard Hotel Singapore Seminar Fee Client S$918 per participant KPMG Alumni S$918 per participant Non-client S$1048 per participant A 10% group discount is573 words
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Advertisement113 2011-04-14 2 apbcOffices We invite you to work different. 75 High Street Straits Trading Building, Raffles Place Suntec Tower 2 Chevron House, Raffles Place +65 6595 6286 Contact us today for special deals promotions! VIRTUAL OFFICE info.sg® apbcOffices.com SERVICED OFFICE Prestigious local business address in prime locations. Start immediately with minimal start-up113 words
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Advertisement629 2011-04-14 3 25yEARS of growing your investments Celebrating 25 years of investment excellence UOB Asset Management was established in 1986 for one key purpose: to help investors, big and small, to be a part of Asia's amazing growth story. We're immensely proud that, 25 years later, we are recognised today as one629 words
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Advertisement36 2011-04-14 4 h'U>] JACKPOT K% 'a y CO CO TODAY Sales close at 6pm Do not bet illegally. RCB Reg No: *****0202G Draw at 6.30pm at PoMo Towards Community Purpose and Benefit For details, visit www.singaporepools.com.sg SINGAPORE m36 words
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Advertisement78 2011-04-14 4 THE WORLD'S PREMIER WATCH AUCTIONEER WWW.ANTIQUORUM.COM tiquorum AUCTIONEERS SINCE 1974 SINGAPORE Valuation Thursday, 21 Apr. 3pm 7pm Friday, 22 Apr. 10am 5pm Swissotel The Stamford 2 Stamford Road, Singapore *****2 Watch Expert Mr. Genki Sakamoto, will be available for complimentary estimates of your fine timepieces. Antiquorum Hong Kong Rm 704,78 words
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Advertisement7 2011-04-14 4 Reports on Singapore Maritime Week, Page 367 words
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COMPANY NEWS
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Article, Illustration475 2011-04-14 5 JAMIE LEE - Amid weak market, stock price dips after bankers stop stabilisation action By JAMIE LEE HUTCHISON Port Holdings (HPH) Trust has not touched anything above its IPO price of US$1.01 per unit since its listing nearly a month ago. Units of the businessREUTERS - 475 words
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Article459 2011-04-14 5 LYNN KAN - 33.5% profit fall due to condo completion; core business revenue stays healthy By LYNN KAN SINGAPORE Press Holdings (SPH) has reported a net profit of $75.4 million for its second quarter ended Feb 28, 2011, a year-on-year fall of 33.5 per cent. This was459 words
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706 2011-04-14 5 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY IT’S disturbing to note that of the 10 China stocks or S-chips suspended from trading on the Singapore Exchange (SGX), four Falmac, Oriental Century, New Lakeside and China Gaoxian are investments included under the Central Provident706 words
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747 2011-04-14 7 MICHELLE TAN - Sentiment positive ahead of earnings season despite more downgrades By MICHELLE TAN THE coming reporting season is expected to provide an insight into how companies dealt with increased cost pressures, a stronger Singapore dollar and the impact from government policies in the first quarter747 words
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Article316 2011-04-14 7 SIOW LI SEN - The key is China becoming a net importer next year By SIOW LI SEN ALUMINIUM prices should recover to their pre-crisis levels when China becomes a net importer, which is expected sometime next year, said a senior executive of Russian-owned UC Rusal. “Aluminium has underperformed other316 words
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382 2011-04-14 9 MAXIE AW YEONG - The 6% cumulative shares are priced at $100 each; minimum purchase is $10,000 By MAXIE AW YEONG HYFLUX is offering for subscription up to $200 million of preference shares carrying a dividend rate of 6 per cent per annum. The company has the option382 words
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287 2011-04-14 9 REBECCA LIU - It aims to explore joint businesses in China and Japan By REBECCA LIU CAPITAMALLS Asia has signed a memorandum of understanding (MOU) with Parco a major Japanese shopping mall owner and manager to explore business collaborations in China and Japan. Through the proposed collaboration,287 words
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206 2011-04-14 9 TROUBLED Hongwei Technologies Ltd, which has been haunted by audit issues at its China subsidiary, said yesterday that special auditor KPMG Services Pte Ltd has started an independent review of the company’s financial affairs. During the fieldwork investigations, the KPMG forensic team will have206 words
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Advertisement146 2011-04-14 5 m "O Q csj mmgjts LO ■S 7 X S£i •V CO Sk its, *V?CV IT) •AV< ass S£ 4 f* jgvs m.. **C «V,V. m jf Jn* VV:. '*£> 2i wm&t m Jf 'M dfe-\ h> wm xtx; ,r- -/5 fl > fit 5 WM> &9$jji|§p£ Pi V •V"146 words
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Article1157 2011-04-14 6 SPH REPORTS SECOND QUARTER NET PROFIT OF $75 MILLION Group operating revenue for the Newspaper and Magazine segment remained healthy at $234.3 million in the second quarter ended February 28, 2011 (2Q 2011). This was $11.6 million (5.2%) higher than that of the second quarter last1,157 words
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Advertisement22 2011-04-14 6 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore. Co. Reg. No. *****2868E Unaudited Results for the Second Quarter ended February 28, 2011 (Extract)22 words
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Advertisement147 2011-04-14 7 Strategic Imagination: How Leading Innovators Th i n k Differently to Drive Change twill. 27 28 April 2011 Grand Hyatt Singapore A 2-Day Highly Interactive Workshop with Hands-On Learning Activities For C-Level Executives, Directors Senior Managers By America's leading futurist innovation guru JYmM 4 -A M 1 K-oAeM. CEO, futurethink147 words
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Advertisement2297 2011-04-14 7 NOTICE IS HEREBY GIVEN that the Twenty-First (21 st Annual General Meeting of CNA Group Ltd. will be held at Amara Singapore Connection 1, Level 3, 165 Tanjong Pagar Road, Singapore *****9on Friday, 29th April 2011 at 10.00 a.m. to transact the following business: ORDINARY BUSINESS 1. To receive and2,297 words
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SINGAPORE MARKETS
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Article, Illustration617 2011-04-14 8 R SIVANITHY - This comes ahead of expected Wall Street rise and on short-covering activity STOCKS R SIVANITHY Senior Correspondent AFTER dropping 50 points over two days ahead of Tuesday’s triple-digit loss on Wall Street, the Straits Times Index (STI) yesterday rebounded 3 4.08 points to 3,172.08 onSource: Bloomberg - 617 words
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Article186 2011-04-14 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 2 3 0 0 0 12 2 3 Manufacturing 69 28 67 2 3 13 71 31 80 Commerce 21 15 23 1 2 9 22 17 32 Tpt/Stor/Comms 22 6 14186 words
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Article121 2011-04-14 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 158,056 158,056 163,445 163,445 Manufacturing 272,329 9,054 281,383 305,363 944 306,307 Commerce 100,592 6,528 107,120 120,504 2,455 122,959 Tpt/Stor/Comms 239,823 5,768 245,591 460,170 614 460,784 Finance 15,062 15,062 161,839 161,839 Construction 74,201 229 74,430 24,439121 words
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Article112 2011-04-14 8 Stock name Close Change CapMallsAsia 1.880 +0.030 CapitaLand 3.430 +0.040 CapitaMall 1.880 +0.010 CityDev 11.700 ComfortDelGro 1.560 DBS Grp 14.800 +0.160 F&N 6.230 -0.010 GLP 2.000 +0.030 Genting SP 2.120 +0.040 Golden Agri 0.720 +0.015 HK Land 7.050 +0.050 JMH 45.880 +0.020 JSH 27.980 +0.580 Jardine112 words
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Article66 2011-04-14 8 Apr 13 VALUE CLOSE BT OB/OS 320.00 -56.0 BT CADI -*****.00 +152.0 BT 10-day MA -*****.00 +32.00 FTSE ST Mid Cap 776.68 +3.92 FTSE ST Small Cap 564.77 +5.15 FTSE ST All Share 781.45 +7.61 FTSE ST China Top 284.08 +3.47 FTSE ST China 310.03 +3.43 FTSE66 words
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Article60 2011-04-14 8 VOLUME Dyna-Mac 127,594,000 HPH Trust US$ 99,993,000 Gallant 71,983,000 Tuan Sing 70,043,000 Genting SP 47,550,000 Golden Agri 43,278,000 Z-Obee Hldgs 35,108,000 SunVic 32,892,000 NexGenSCom 32,769,000 Lian Beng 31,739,000 VALUE($) HPH Trust US$ 120,378,570 Genting SP 99,822,730 SIA 98,734,196 Dyna-Mac 83,821,695 Cosco Corp 71,878,120 SembMar 69,182,105 SingTel 64,484,64460 words
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BROKERS’ TAKE
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Article, Illustration373 2011-04-14 8 April 13 close: S$2.94 DBS Group Research, April 13 TATA Chemicals Ltd (TCL) buys a stake in Olam’s Gabon urea project. The US$290 million injection for the 25.1 per cent stake implicitly valuing the project at US$1.155 billion is at a 154 per cent premium to book value.Source: Bloomberg - 373 words
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Article, Illustration292 2011-04-14 8 LYNN KAN - April 13 close: S$0.63 OCBC Investment Research, April 13 Compiled by LYNN KAN STARHILL Global REIT recently announced the asset redevelopment of another of its properties, Starhill Gallery in Kuala Lumpur, on the back of its Singapore Wisma Atria’s frontage enhancement made known on Feb 28. ExpectedSource: Bloomberg - 292 words
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Article132 2011-04-14 8 CY calendar year Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share EV enterprise value FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE132 words
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Article, Illustration538 2011-04-14 8 CURRENCIES Reuters [NEW YORK] The yen fell yesterday after rising four straight days against the dollar and euro, as risk appetite improved following gains in global stocks from better-than-expected JPMorgan earnings. The Japanese currency’s downtrend should stay intact as long asReuters; REUTERS - 538 words
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Article107 2011-04-14 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 457.0 2.8 DBXT MSKorea 10US$ 6354 200.9 2.6 JSH 2798 72.8 2.1 Jardine C&C 3752 70.0 1.9 SIA 200 1410 70.0 5.2 DBXT MSTHAI 10US$ 1766 66.5 3.1 SIA 1410 66.0 4.9 CIMBAsean40 100US$ 1073 52.7 4.1 SIA.ES.1104 1396 48.0 3.6107 words
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Article128 2011-04-14 8 BY CENTS CLOSE DOWN DBXT MSAsExJp 10US$ 3398 -87.9 -2.0 GLD 10US$ ***** -67.8 -0.4 DBXT FTVietnam 10US$ 3348 -64.0 -1.5 Lyxor LatinAmerica 1 940 -20.1 -1.7 OCBC Bk 5.1%NCPS 100 ***** -20.0 -0.2 DBXT MSBrazil 10US$ 750 -16.3 -1.7 DBXT FTChina25 10US$ 3291 -12.6 -0.3 CombWill 100 300128 words
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Advertisement143 2011-04-14 9 Singapore Institute of Directors Professional Training for Company Directors The Singapore Insitute of Directors (SID) is the national association of company directors. SID promotes the professional development of directors and corporate leaders. It works closely with the authorities and regulators, its network of members and professionals, to promote the highest143 words
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SINGAPORE NEWS
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525 2011-04-14 10 RONNIE LIM - But prices still seen rising this quarter due to higher usage and oil price hikes By RONNIE LIM OIL prices, which have been rising since the fourth quarter, will continue to exert upward pressure on electricity prices here, especially with power demand expected525 words
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387 2011-04-14 10 RONNIE LIM - This is starting point in S’pore’s talks with Tenaga: EMC chief By RONNIE LIM CROSS-BORDER sales of electricity such as the latest bid by Malaysia’s Tenaga Nasional to buy some electricity from Singapore generating companies will not impact on electricity prices387 words
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Article, Illustration691 2011-04-14 10 WINSTON CHAI - By WINSTON CHAI in Beijing RAZER plans to nearly triple the size of its research and development team in Singapore over the next eight months as it starts to move beyond making computer peripherals to developing cutting-edge gaming gadgets. “We will hire at least691 words
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315 2011-04-14 10 MINDY TAN - By MINDY TAN EIGHT memorandums of understanding (MOUs) and agreements were inked between Singapore-based companies and their Chinese counterparts at yesterday’s Singapore-Shandong Business Council meeting (SSBC). April group will invest up to 45 billion yuan (S$8.6 billion) for the development of its pulp315 words
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18 2011-04-14 10 ISIN-CODE NAME NAV DATE LU********** Man AHL Trend SGD D SGD 95.92 04/04/1118 words
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354 2011-04-14 10 NISHA RAMCHANDANI - New centre to open at S’pore Science Park II in October By NISHA RAMCHANDANI APPLIED Materials Inc has signed a research collaboration agreement with Agency for Science, Technology and Research’s (A*Star) Institute of Microelectronics (IME) with the aim of driving innovation in advanced354 words
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Advertisement320 2011-04-14 10 Quiet Leadership The Art of Effective Coaching Are you a manager/leader that wants to enhance your ability to communicate with others in the workplace? Are you someone that wishes to positively influence the performance of others? Are you keen in coaching but still unsure whether you should invest your time320 words
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ECONOMY WATCH
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645 2011-04-14 11 Nuclear crisis, supply chain disruptions, oil prices threaten to depress growth Bloomberg Reuters [TOKYO] The Japanese government cut its assessment of the economy for the first time in six months after the March 11 earthquake killed more than 12,000 and led to the worst nuclearBloomberg; Reuters - 645 words
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Article, Illustration462 2011-04-14 11 Bloomberg [WASHINGTON] Directors at Federal Reserve regional banks saw the economy improving even as energy prices rose and governments at all levels cut spending, according to minutes of Board of Governors’ meetings in February and March. “Federal Reserve Bank directors generally viewed recent information asBloomberg; AFP - 462 words
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Article, Illustration425 2011-04-14 11 Survey shows consumer sentiment rose 1.2% to 105.3 Reuters [SYDNEY] A key measure of Australian consumer confidence bounced modestly in April as people grew more optimistic on the economy for the year ahead and felt better placed to buy major household items. The surveyReuters; BLOOMBERG - 425 words
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510 2011-04-14 11 Reuters [ST LOUIS] The US Federal Reserve has yet to decide how it will start to reverse its unprecedented rescue of the US economy and is likely to take several months before making its first moves, a top Fed official saidReuters - 510 words
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Advertisement31 2011-04-14 11 Bladon single briefcase The traveller sees what he sees. The tourist sees what he has come to see. G.K. Chesterton, author Natural grain leather with solid brass hardware dunhill.com LONDON unni31 words
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MALAYSIA
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Article, Illustration549 2011-04-14 12 PAULINE NG - Only 12 firms have shown interest, says govt agency, despite tax sweeteners By PAULINE NG in Kuala Lumpur TAX sweeteners notwithstanding, companies and individuals have been slow to ensconce themselves in Iskandar Malaysia. In the two years plus since tax incentives were dangled at companiesBLOOMBERG - 549 words
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412 2011-04-14 12 Purchase of Kim Eng gives it platform to expand overseas Bloomberg [KUALA LUMPUR] Malayan Banking Bhd, Malaysia’s biggest lender by assets, is aiming to capture more initial stock sales and corporate fund-raising deals in South-east Asia this year after spending S$1.79 billion toBloomberg - 412 words
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297 2011-04-14 12 Bernama Reuters [KUALA LUMPUR] Government investment arm Khazanah Nasional Bhd will continue to “shake-up” govern-ment-linked companies (GLCs) to sustain the growth trajectory and regional expansion. “We have started the process and for those that are stagnating and not moving, we will goBernama; Reuters - 297 words
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182 2011-04-14 12 Reuters [KUALA LUMPUR] Malaysia’s Berjaya Sports Toto said yesterday it was no longer pursuing a deal that would have resulted in a strategic investor, after reports tycoon Vincent Tan was mulling selling a 49 per cent stake in the firm’s unlisted gaming unit forReuters - 182 words
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Advertisement2203 2011-04-14 12 BEST WORLD INTERNATIONAL LIMITED (Company Registration No. *****6030Z) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Best World International Limited (the "Company") will be held at 1 Changi North Street 1, Lobby 2, Singapore *****9 on Friday,2,203 words
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GREATER CHINA
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Article, Illustration502 2011-04-14 13 Beijing vows to keep buying Spanish bonds, invest in its banks’ restructuring Reuters [BEIJING] China’s promises to buy Spanish government bonds and invest in the restructuring of Spanish banks are valuable commitments that will shore up market confidence in the eurozone state, Spanish Prime MinisterReuters; AP - 502 words
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388 2011-04-14 13 AFP [PARIS] Ratings agency Fitch on Tuesday downgraded its outlook on China’s local currency debt rating from “stable” to “negative” on concerns over a huge rise in potentially destabilising easy credit. Fitch’s rating for China’s yuan-denominated debt rating currently stands at “AA-",AFP - 388 words
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366 2011-04-14 13 It will run along China’s southern coast, says official Reuters [BEIJING] China National Offshore Oil Corp (CNOOC), China’s third largest oil and gas firm, plans a massive natural gas pipeline along China’s southern coast to connect its main liquefied natural gas receiving terminals,Reuters - 366 words
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Advertisement37 2011-04-14 13 GOODBYE TO COMMUNISM IN INDIA? The CPI (M) looks headed for defeat in the assembly polls in Bengal and Kerala AMRITA RAO IS BACK ON SCREEN GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)37 words
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Advertisement1505 2011-04-14 14 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg FRIVEN CO. LTD. Co. Reg No. *****0473E (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of FRIVEN CO. LTD. (the “Company”) will be held1,505 words
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Advertisement1704 2011-04-14 14 SHANGHAI TURBO ENTERPRISES LTD. (Company Registration No. CT-*****4) (Incorporated in the Cayman Islands) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Shanghai Turbo Enterprises Ltd. (“the Company”) will be held at Samsung Hub Level 8, 3 Church Street, Changi Room, Singapore *****3 on1,704 words
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INDIA
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Article, Illustration681 2011-04-14 15 It faces a competitive market with so many banks and few firms ready to pay fees Bloomberg [MUMBAI] For Goldman Sachs Group Inc, which is ramping up efforts to arrange takeovers and stock sales in India, progress can be slow and profitBloomberg; REUTERS - 681 words
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Advertisement402 2011-04-14 15 For more information, please contact Louis +65 6790 4042 or email execmba@ntu.edu.sg Unit Trust Winning ways to meet your financial goals Now you can achieve your financial goals faster when you invest with SBI. Only pay a low 2% sales charge to invest in our selected range of quality Unit402 words
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WORLD
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Article, Illustration512 2011-04-14 16 The firm would do so over 5-6 years, to expand production in the country Bloomberg [BRASILIA] Brazilian President Dilma Rousseff said Foxconn Technology Group may spend US$12 billion over 5-6 years to expand production in the country, in what would be the Taiwanese company’sBloomberg - 512 words
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478 2011-04-14 16 Sources said that BP also faced a new legal challenge Reuters [LONDON] BP’s planned US$18 billion tie-up with Russia’s Rosneft was looking even more uncertain after chief backer Igor Sechin stood down as Rosneft chairman and sources said BP faced a new legal challenge.Reuters - 478 words
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379 2011-04-14 16 OECD study turns notion of manana culture on its head Reuters [PARIS] Mexicans work the longest days and Belgians the shortest, according to a study of 29 industrialised countries released by the Organisation for Economic Co-operation and Development (OECD) on Tuesday. TheReuters - 379 words
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493 2011-04-14 20 Prudential Financial, Allstate, Geico say their business model differs from AIG Bloomberg [WASHINGTON] Insurance companies are fighting the legacy of American International Group as they seek to avoid being branded systemically risky and the extra supervision that comes with that designation. LobbyistsBloomberg - 493 words
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347 2011-04-14 20 Taxman zeroes in on Asia after UBS case sparks Europe flight Reuters [SINGAPORE] A US government probe into HSBC in India is the first significant sign of authorities’ wider crackdown on Americans using bank accounts in Asia to evade taxes. The US DepartmentReuters - 347 words
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280 2011-04-14 21 Reuters [NEW YORK] The operators of the Dow Jones-UBS Commodity Index are considering including London Brent to its basket of components next year, in another blow to WTI’s role as the world’s oil benchmark. The DJ-UBS index counted total investment of US$62 billionReuters - 280 words
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Article, Illustration647 2011-04-14 21 High oil prices said to be checking global economic growth Reuters [LONDON] High oil prices are beginning to putting the brake on the rapid pace of global economic growth and erode demand for fuel, a leading energy agency said on Tuesday in a reportReuters; REUTERS - 647 words
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Article, Illustration579 2011-04-14 22 Nasdaq’s offer was about US$1 b more than Deutsche Boerse’s deal Reuters [CHICAGO] NYSE Euronext’s speedy rejection of a bid from Nasdaq OMX Group Inc and IntercontinentalExchange Inc could play into their hands, a veteran of the last bidding war for aReuters; REUTERS - 579 words
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395 2011-04-14 22 Bloomberg [WASHINGTON] The Internal Revenue Service avoided a US$603 million budget cut proposed by House Republicans, preventing changes that could have cost the government US$4 billion in uncollected revenue. Under the proposed spending bill released yesterday, the IRS budget for fiscal yearBloomberg - 395 words
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470 2011-04-14 22 Ex-Berkshire top exec may face insider trading charges Reu ters [NEW YORK] Berkshire Hathaway’s former executive David Sokol is in increasing danger of being slapped with insider trading charges for the way he handled Berkshire’s efforts to acquire Lubrizol Corp whileReuters - 470 words
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577 2011-04-14 24 It’s looking for potential partners, to position itself for an exit from UK Reuters [SYDNEY] National Australia Bank is in talks with potential partners for a joint bid for Lloyds Banking Group’s branches up for sale as it tries to position itselfReuters - 577 words
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347 2011-04-14 24 Both cited for restricting news media access to huge Gulf of Mexico oil spill AP [RICHMOND, Virginia] Oil giant BP and the Obama administration were among the winners of the Jefferson Muzzle awards, given here yesterday by a free-speech group toAP - 347 words
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Article, Illustration493 2011-04-14 25 Onus on West to accept outline agreement of 2008 Bloomberg [SANYA, China] Trade ministers of the five BRICS nations gave no sign yesterday of being ready to make concessions to break a deadlock in decade-old talks to free up global commerce. The Doha RoundBloomberg; REUTERS - 493 words
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516 2011-04-14 25 But it’s not clear that they are fully exempt from having to post margin Reuters [WASHINGTON] US companies would be largely spared from increases in the costs of using derivatives when they hedge against price fluctuations, under US regulatory proposals issued onReuters - 516 words
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410 2011-04-14 30 LATEST US DATA Reuters [WASHINGTON] US retail sales rose modestly in March as car sales plunged and consumers stretched to pay for pricey petrol. Total retail sales increased 0.4 per cent, the smallest gain in nine months, the Commerce Department said yesterday, afterReuters - 410 words
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Article, Illustration385 2011-04-14 30 Reuters [NEW YORK] JPMorgan Chase Co posted a 67 per cent increase in first quarter earnings, topping Wall Street expectations, as it set aside less money to cover bad loans. The news was not all positive for the second-larg-estReuters; AP - 385 words
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Article533 2011-04-14 30 US needs to squeeze more growth out of exports, it adds AFP [WASHINGTON] The International Monetary Fund (IMF) on Monday urged the US to begin addressing its yawning budget deficit this year rather than putting off the pain and missing Group of 20AFP - 533 words
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Article, Illustration501 2011-04-14 30 AFP [BRUSSELS] Europe cannot offer Portugal a bridging loan and long-term financial aid remains dependent on radical changes to its economy, the head of the European Commission said yesterday. “It is not possible to provide bridging loans,” former Portuguese prime minister JoseAFP; AP - 501 words
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310 2011-04-14 30 AP [BRUSSELS] European Union (EU) regulators yesterday fined consumer products companies Procter Gamble (P&G) and Unilever a total of 315.2 million euros (S$573 million) for fixing prices of powdered laundry detergent together with Henkel in eight EU countries. US-based Procter Gamble Co hasAP - 310 words
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592 2011-04-14 31 But they’re facing tough regulations, volatile markets, still-fragile economy NYT [NEW YORK] Just two years after the financial panic reached its nadir, the nation’sbiggest banks have regained their footing. Loan losses are easing and all the large banks have returned to profitability. Lending isNYT - 592 words
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313 2011-04-14 31 Reuters [FRANKFURT] Deutsche Bank will change the legal status of its main US subsidiary to avoid having to endow it with up to US$20 billion in fresh capital, according to an internal document at the bank. Citing the document, theReuters - 313 words
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Article, Illustration592 2011-04-14 31 Reuters Bloomberg [CHARLOTTE] Big banks such as Bank of America Corp and Citigroup Inc should be reclassified as government-sponsored entities and have their activities restricted, a senior Fed official said on Tuesday. The 2008 bank bailouts at the height of the financialReuters; Bloomberg; AP - 592 words
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Page 16 Advertisements
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Advertisement233 2011-04-14 16 THE WESTMINSTER COLLECTION PRIME CENTRAL LONDON PROPERTY ,**<•- iv '•>' *2- unflip if'"'* r i W&5zt "ffe- < j wT ■ft I'. Bp* ll||lii HjffOl II" 1 1 1 .'.[i llii A.■ V 1 --4? *C 1 ""A— '"vi"--' .F "> < s t NT-A "f.v jr-. ifes-- n Ti233 words
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Advertisement2150 2011-04-14 17 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg r SINOBEST TECHNOLOGY HOLDINGS LTD. (Incorporated in Bermuda) (Company Registration No. *****) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at RELC International Hotel, 302,150 words
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Advertisement2845 2011-04-14 17 YANLORD LAND GROUP LIMITED 9 Temasek Boulevard #36-02 Suntec Tower Two, Singapore *****9 Tel: (65) 6336 2922 Fax: (65) 6238 6256 www.yanlordland.com Registration No. *****1911K NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting (“AGM”) of Yanlord Land Group Limited (“Company” or “Yanlord”) will be2,845 words
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Advertisement2656 2011-04-14 18 HEALTHWAY MEDICAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****8625C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the fourth Annual General Meeting (”AGM”) of Healthway Medical Corporation Limited (the “Company”) will be held at 10.30 a.m. on Friday, 29 April 2011 at Kent2,656 words
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Advertisement2479 2011-04-14 18 BUY IT SELL IT FIND IT MATS P Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES m IKI HOTEL ROYAL LIMITED (Registration No. *****0298G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 42nd Annual General Meeting of Hotel Royal Limited will be held2,479 words
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Advertisement462 2011-04-14 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PREMIER G U LOGISTICS PTE. LTD. (In Creditors' Voluntary Liquidation) (CO. REG. NO. *****9513K) NOTICE OF RESOLUTION RESOLUTIONS IN WRITING PURSUANT TO ARTICLE 73 OF THE ARTICLES OF ASSOCIATION OF PREMIER G U LOGISTICS PTE. LTD.462 words
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Advertisement4884 2011-04-14 19 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg TSH Corporation Limited Company Registration No. *****3865N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of TSH Corporation Limited (the "Company") will be held at4,884 words
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Page 20 Advertisements
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Advertisement832 2011-04-14 20 INNO-PACIFIC HOLDINGS LTD (Company Registration No.: *****1788K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 37th Annual General Meeting of the Company will be held at the National Library Board, 100 Victoria Street, Level 5 Imagination Room, Singapore *****4 on Friday, 29 April 2011 at 10.00 a.m.832 words
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Advertisement2059 2011-04-14 20 LINAIR TECHNOLOGIES LIMITED NOTICE OF ANNUAL GENERAL MEETING (Company Registration Number: *****5699D) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Orchid Country Club, 1 Orchid Club Road, Ruby Suite, Singapore *****2 on Friday, 29 April 2011 at 10.00 a.m., to transact the2,059 words
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Page 21 Advertisements
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Advertisement99 2011-04-14 21 SINGAPORE'S NO. 1 MEN'S MAGAZINE! GUIDETO RUNNING 2011 100% USEFUL! PACK ON MUSCLE AND BURN 37% MORE FAT IN 4 WEEKS WHY YOUR COUGH CAN KILL PG 74 IIHEHna 1 mm, EASY WAYS TO LIVE r longer HEALTHIER SINGAPORE BUY SOME HAPPINESS COOL GADGETS TO HALVE YOUR STRESS 4L0CK 6-PAC99 words
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Advertisement2631 2011-04-14 21 +,^[=>+-.^'\&,%=-|`=%.{{*<]_{:; MANHATTAN RESOURCES LIMITED (Co. Reg. No. *****6289K) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of MANHATTAN RESOURCES LIMITED (the “Company”) will be held at MND Auditorium, 9 Maxwell Road, Annexe A, MND Complex, Singapore *****2 on2,631 words
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Page 22 Advertisements
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Advertisement120 2011-04-14 22 There will come a time when the public will say, look, lets try the other side That day will come. m nrpilirtinn Hint Sinnannrpanc uiill nnp riau Lee predicfing that Singaporeans will one day Are of a PAP government TO KEEP SINGAPORE GOING '4 Lee Kuan Yew takes on his120 words
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Page 23 Advertisements
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Advertisement2888 2011-04-14 23 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg (Incorporated in the Republic of Singapore) (Company Registration Number *****8977M) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Coleman Room II, Level 1, Grand2,888 words
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Advertisement2674 2011-04-14 23 Pacific Healthcare Holdings Limited NOTICE OF ANNUAL GENERAL MEETING PACIFIC NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Orchard Hotel, 442 Orchard Road, Singapore *****9 on Friday, 29 April 2011 at 10.00 a.m. for the following purposes: As Ordinary Business 1. To2,674 words
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Page 24 Advertisements
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Advertisement1559 2011-04-14 24 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. TELEDATA (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) (Company Registration no. *****0922M) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that an Annual General Meeting of Teledata (Singapore) Limited (“the Company”) will be held at 31 Ubi Road 1, Aztech Building1,559 words
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Advertisement1417 2011-04-14 24 LEADER ENVIRONMENTAL TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) Company Registration No. ********** NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Anson Room 2, Level 2, M Hotel Singapore 81 Anson Road, Singapore *****8, on 291,417 words
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Page 25 Advertisements
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Advertisement9 2011-04-14 25 FIND®!! UNDERCOVER UNCLE WIN $2500 CASH! I A i9 words
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Advertisement3472 2011-04-14 25 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg to ASIASONS £ft&fKJKH ASIASONS CAPITAL LIMITED Company Registration No. *****6459N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 5 Shenton Way, #28-01 UIC Building,3,472 words
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Page 26 Advertisements
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Advertisement4228 2011-04-14 26 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SWIBER HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4721N) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Swiber Holdings Limited (the “Company”) will be held at4,228 words
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Advertisement20 2011-04-14 26 Prepare for a Bull Run Call 1800 289 8822 or e-mail notices@sph.com.sg to place your AGM EGM Notices MATS NOTICES20 words
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Page 27 Advertisements
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Advertisement4045 2011-04-14 27 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. ASIAPOWER ASIA POWER CORPORATION LIMITED Company Registration No. *****1487C (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 14th Annual General Meeting of ASIA POWER CORPORATION LIMITED will be held at 65 Chulia Street, The4,045 words
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Page 28 Advertisements
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Advertisement4104 2011-04-14 28 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SOUTHERN PACKAGING GROUP LIMITED (Company Number: *****3312N) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Meeting Room 311,4,104 words
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Page 29 Advertisements
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Advertisement4025 2011-04-14 29 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg (Incorporated in the Republic of Singapore) (Company Registration Number: *****0035D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at No. 224 Pandan Loop, Singapore *****14,025 words
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Page 30 Advertisements
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Advertisement885 2011-04-14 30 MATS NOTICES FEDERAL INTERNATIONAL (2000) LTD (Incorporated in Singapore) (Co. Reg. No: *****7113K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of FEDERAL INTERNATIONAL (2000) LTD (the "Company") will be held at 47 Genting Road, Singapore *****9 on Friday, 29 April 2011 at 9.00885 words
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Page 31 Advertisements
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Advertisement169 2011-04-14 31 You've made the cut! Congratulations! Six outstanding teams have carved out for themselves a place in the semi-finals of The Pitch, a "reality" contest by Singapore Press Holdings which challenges advertising agencies to come up with their strategic and creative best through an integrated campaign utilising SPH's extensive range of169 words
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EDITORIAL & OPINION
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426 2011-04-14 32 EDITORIAL DESPITE some concern, Singapore’s electronics sector has so far weathered the fallout from the tragedy in Japan which threatened to derail the global electronics supply chain. At a recent event, the Singapore Economic Development Board’s (EDB) assistant managing director Yeoh Keat Chuan noted426 words
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Article, Illustration826 2011-04-14 32 J BRADFORD DELONG - THE BOTTOM LINE J BRADFORD DELONG The writer, a former US Assistant Secretary of the Treasury, is Professor of Economics at the University of California at Berkeley and a Research Associate at the National Bureau for Economic Research BETWEEN 1950 and 1990826 words
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Article, Illustration863 2011-04-14 32 TILL VESTRING, MICHAEL C MANKINS, PAUL ROGERS - Corporate reorganisations are risky investments of time, energy and resources By TILL VESTRING, MICHAEL C MANKINS, PAUL ROGERS Till Vestring is managing partner of Bain’s Southeast Asia practice based in Singapore. Michael C Mankin and Paul Rogers are leaders of the Global Organisation practice forAP - 863 words
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Article, Illustration1453 2011-04-14 33 YUQING XING - iPhones the US-China trade gap With current figures distorting the reality, a renminbi appreciation would have little impact on the trade imbalance By YUQING XING The writer is professor of economics and director of the Asian Economics Programme at the National Graduate Institute for Policy Studies in Tokyo. This commentPHOTO: AP - 1,453 words
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Article, Illustration814 2011-04-14 33 LEON HADAR - LEON HADAR Washington Correspondent THEY have just signed a deal to cut US$38 billion in federal spending for the rest of this fiscal year and averted a government shutdown for now, at least. Yet even before the ink is dry on that dealAFP - 814 words
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AVIATION
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Article, Illustration1134 2011-04-14 34 Collision occurs at a time when airports in US are beginning to receive huge aircraft AP [NEW YORK] A frightening collision between one of the world’s largest airliners and a commuter jet on a dark, wet tarmac at John F. Kennedy (JFK)AP; REUTERS, AP - 1,134 words
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Article3217 2011-04-14 34 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 KU6458 1415 SQ458 1415 EY473 1955 VA7473 1955 Adelaide LH9771 1745 QF52 2125 SQ278 1745 LH9770 2350 VS7278 1745 SQ279 2350 9W4081 1820 VS7279 2350 AF8087 1820 AY5012 1820 BA7381 1820 JL7892 1820 MU8440 1820 QF81 18203,217 words
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270 2011-04-14 34 Bloomberg [MELBOURNE] Singapore Airlines Ltd (SIA), the first carrier to fly the Airbus SAS A380 commercially, has been cleared by the planemaker to use Koito Industries Ltd business class seats for its three superjumbos in production. The seats have been testedBloomberg - 270 words
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306 2011-04-14 34 MD cites soaring jet fuel prices, Japan quake as factors AP [KUALA LUMPUR] Malaysia Airlines said yesterday that it would trim its global expansion this year as it suffers from the double blow of soaring jet fuel prices and the consequences from Japan’s earthquake.AP - 306 words
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Page 34 Miscellaneous
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Miscellaneous353 2011-04-14 34 CRYPTIC CROSSWORD Across 1 Sunglasses but no sun initially? Hell! (5) 4 One vehicle and another taking time at back of hospital (8) 8 Fortifications giving engineers suspicions (8) 9 Fabulous activity for a vandal? (8) 11 Senior worker terribly nice to have on board (7) 13 Makes new recording353 words
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Page 35 Advertisements
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Advertisement60 2011-04-14 35 Legal services required by shippers owners I Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIMES Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL60 words
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SHIPPING
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Article3926 2011-04-14 35 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****3249E UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN Camden/New Orleans/Tampico Destination SIAM JADE Muscat/Sharjah/Doha/Bahrain/Dammam3,926 words
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Article, Illustration413 2011-04-14 36 LYNN KAN - But bankers say other sources of funding are enough to fill the vacuum By LYNN KAN THE banking crisis has altered shipping finance, making less credit available to buy vessels which in turn hinders fleet renewal and dampens world trade, said the chairman413 words
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220 2011-04-14 36 JOYCE HOOI - By JOYCE HOOI SINGAPORE’S ports are going to get a $20 million boost over the next five years through the Port Technology Research and Development Programme. Yesterday, the programme was launched by the Maritime and Port Authority of Singapore (MPA) and220 words
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Article, Illustration400 2011-04-14 36 LYNN KAN - Commodities firms dumping chartered ships for their own SINGAPORE MARITIME WEEK By LYNN KAN HERALD the rise of dryside industrial players becoming the new breed of shipowners, said Standard Chartered Bank’s head of shipping financing, Nigel Anton, at yesterday’s ship financing talk during the three-dayBLOOMBERG - 400 words
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368 2011-04-14 36 Reuters [SINGAPORE] Maritime companies that trade more of their vessels on the spot freight market and on shorter in-tra-Asia trade routes are most likely to feel the heat from soaring bunker costs, industry executives said. Singapore’s benchmark bunker price reached a 21/2-year high thisReuters - 368 words
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Article278 2011-04-14 36 SGX '000 Apr 13 S$ +/-Vol CH Offshore 0.45 unch 87 Chuan Hup Hldg 0.23 -0.01 50 Cosco Corp 2.32 0.08 ***** CWT Ltd 1.37 0.02 1807 Ezra Hldgs 1.77 0.01 4550 First Ship Lea 0.41 unch 707 Freight Links 0.07 0.01 607 Grand Banks unch unch 0278 words
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Page 36 Advertisements
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Advertisement23 2011-04-14 36 FREIGHT Er FORWARDER here in th. urgently needed by shippers Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132723 words
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Advertisement15 2011-04-14 36 Experienced shfp maintenance services wanted. Can they find your services here in the Shipping Times?15 words
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SINGAPORE STOCKS
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Article8438 2011-04-14 37 Transaction date: Apr 13 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 17.5cd unch 50 17.5 17.5 17 17.5 7.8 3.5 3.7 83.8 12 4.5 A-Sonic 7.5cd unch 1408,438 words
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Article1561 2011-04-14 38 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 t AA Grp 4.5 4 5 21.4 4.3 225 145 t APStrategic 170 161 174 100.9 1.5 0.5 t Advanced System 0.51,561 words
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Article9687 2011-04-14 38 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.38/ APS Alpha Fund (USD)!** 1.1/ 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 WM9,687 words
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Article248 2011-04-14 38 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A51.5 -0.5 4 51.5 51.5 51.5 54 3.6 6.8 4.1 134.1 55 16 Genting HK US$ US43 +0.5 7239 43.5 42 43 43.5 2831.3248 words
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Article839 2011-04-14 38 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 112 +0.5 15 112 109.5 109.5 112 511.3 1075 761 CIMBAsean40 100US$ US1073xd +42 22 1073 1030 1029 1102 42.9839 words
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FINANCE & COMMODITIES
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374 2011-04-14 39 In local curr In S$ In US$ dy yr dy yr dy yr Apr 12 Index Change Change Change Change Change Change World Index Preliminary 918.6 -1.2 2.3 -1.0 2.3 -1.2 4.1 EAFE Preliminary 801.7 -1.4 0.1 -1.1 1.8 -1.3 3.6 Europe Preliminary 1191.7 -1.4374 words
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Article180 2011-04-14 39 Apr 13 $S Offer Bid 0vernight 0.01 par 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.25 0.15 1 month 0.34 0.24 2 months 0.38 0.28 3 months 0.43 0.33 6 months 0.55 0.45 9 months 0.80 0.60 12180 words
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Article22 2011-04-14 39 Apr 13 S$ Bid Offer 1-month 1.2555 1.2565 2-months 1.2554 1.2565 3-months 1.2553 1.2564 6-months 1.2551 1.2561 Source: OCBC22 words
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Article121 2011-04-14 39 Apr 13 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.361 1.284 Can dollar 1.332 1.281 Euro 1.855 1.784 Sterling pound 2.084 2.004 NZ dollar 1.016 0.968 US dollar 1.276 1.227 Local dollars to 100 units of foreign121 words
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Article27 2011-04-14 39 Apr 13 Open High Sett STI Apr 3155 SIMSCI Apr 369.8 374.1 373.2 Taiwan Apr 308.7 311.9 311.7 Source: MF Global (S) Pte. Ltd27 words
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Article65 2011-04-14 39 Apr 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3350 3385 3390 3350 130 724 May 11 3340 3370 3370 3321 1398 ***** Jun 11 3315 3348 3350 3302 ***** ***** Jul 11 3309 332765 words
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Article469 2011-04-14 39 Apr 13 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.7100 0 1656 Sep11 99.6250 0 3357 Dec11 99.4500 0 2668 Mar12 99.1850 0 827 EUROYEN TIBOR FUTURES Jun11 99.6725 99.6725 99.6725 99.6725 1002 4400 Sep11 99.6725 99.6725 99.6700 99.6700 0 1173 Dec11 99.6625 0 1991469 words
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Article125 2011-04-14 39 Apr 13 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 11 599.7 Jun 11 591.5 Jul 11 585.0 Aug 11 578.0 Sep 11 558.3 Oct 11 550.7 Nov 11 550.7 Dec 11 550.0 Jan 12 550.0 Feb 12125 words
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Article77 2011-04-14 39 Apr 13 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 14.07.2011 0.25 1-Year BY*****N 01.11.2011 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.33 5-Year N*****0W 1.125 01.04.2016 100.16 10-Year NY*****N 3.250 01.09.202077 words
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Article107 2011-04-14 39 Apr 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1329.75 1368.00 1370.25 1318.25 Jul 11 1341.00 1379.75 1381.50 1329.25 Aug 11 1343.25 1381.25 1381.50 1331.25 Sep 11 1344.25 1381.75 1382.00 1332.50 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 57.24107 words
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Article77 2011-04-14 39 CRUDE OIL PRODUCTS Apr 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 120.52 -4.75 WTI (Near Mth) 106.03 -3.39 Dubai (1-Mth F) 116.63 -1.50 Tapis blend 132.19 -1.30 Minas 128.59 -1.30 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 114.50 -1.44 Jet Kerosene 140.25 -2.40 US$/barrel Opec Oil77 words
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2660 2011-04-14 39 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 24 1 121 1 10 -11 1.58 55 Asia-Pacific Strategic W*****6 24 1 150 2 7.08 37 ASJ Hldgs W*****1 1.5 1 4 10 3.33 10 AlliedTech W*****22,660 words
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Article464 2011-04-14 39 Apr 13 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.008 6.849 0.723 8.152 46.603 90.673 0.881 11.379 3.170 1.328 88.498 45.334 1.317 7.065 0.942 30.454 31.619 0.644 1.049 Canada 0.992 6.792464 words
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Article85 2011-04-14 39 Apr 13 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article138 2011-04-14 39 Apr 13 GOLD (US$/oz) Apr 12 Apr 13 Hong Kong 1463.00 1460.50 Apr 11 Apr 12 London 1469.50 1449.58 1470.25 1450.38 Source: Thomson Reuters CAST BAR Apr 13 (S$) Selling Buying Kilobar 63,128.93 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 141 59 5gm 401 294 10gm 717138 words
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Article70 2011-04-14 39 Apr 12 Apr Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2629.00 2657.75 3 months 2660.00 2688.00 Copper, Grade A (US$/tonne) Cash 9603.75 9836.50 3 months 9625.00 9855.00 Lead (US$/tonne) Cash 2781.75 2924.50 3 months 2725.00 2855.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash70 words
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Article154 2011-04-14 39 Apr 13 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3161 1.3178 1.0483 1.0488 Canadian dollar 1.3051 1.3069 1.0395 1.0401 Euro 1.8201 1.8218 1.4497 1.4499 NZ dollar 0.9906 0.9926 0.7890 0.7900 Sterling pound 2.0445 2.0465 1.6284 1.6287154 words
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Article82 2011-04-14 39 Apr 12 COCOA (£/tonne) Close Prev High/Low May 11 1938 1914 1943/1902 Jul 11 1937 1910 1943/1903 Sep 11 1948 1922 1951/1914 Dec 11 1963 1935 1965/1929 COFFEE (US$/tonne) Close Pev High/Low May 11 2431 2427 2446/2395 Jul 11 2426 unch 2444/2402 Sep 11 2449 unch 2462/2424 Nov 1182 words
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BizIT
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Article, Illustration796 2011-04-14 40 VICTORIA HO - Groupon Singapore has jumped past Amazon.com and eBay to be the 17th most-visited site here, reports VICTORIA HO reports VICTORIA HO RIDINGonthe Groupon buzz which has taken the world by storm, Groupon Singapore has risen past Web properties such as Amazon.com and eBay to be796 words
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507 2011-04-14 40 AMIT ROY CHOUDHURY - It teams up with Intuit to offer the cloud-based service By AMIT ROY CHOUDHURY TAKING its cloud strategy forward, Singapore Telecommunications Ltd (SingTel) has teamed up with a leading provider of financial software, Intuit Inc, to launch a cloud-based financial management solution for small507 words
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338 2011-04-14 40 VICTORIA HO - By VICTORIA HO A STRONG password translates into better security and peace of mind. That’s something everyone who uses the Internet should internalise. This is the message of the inaugural Cyber Security Awareness Day, which was kicked off yesterday by Lui Tuck Yew, Minister338 words
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276 2011-04-14 40 Bloomberg [SAN FRANCISCO] Intel Corp, aiming to gain a toehold for its chips in the mobile phone market, has designed a handset that may be manufactured by China’s ZTE Corp, according to two people with knowledge of the plan. IntelBloomberg - 276 words
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Advertisement1294 2011-04-14 40 BEATS NOTICES advance ADVANCE SCT LIMITED limited Registration No. *****4283C (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of Advance SCT Limited will be held at 10 Kranji Crescent, Singapore *****0 on Saturday, 30th April 2011 at 10.00 a.m. for1,294 words
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PROPERTY
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Article, Illustration795 2011-04-14 41 Plans are underway to create a company that would feature the skyscraper NYT [NEW YORK] People who have always wondered what it might be like to dabble in a little New York real estate may soon be able to dabble inNYT; REUTERS - 795 words
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1612 2011-04-14 41 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED People's Park Cplx Apt 17/03/2011 99 1119 900 804 District 2 NON-LANDED Icon1,612 words
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Article, Illustration829 2011-04-14 42 Companies are jostling for outlets in anticipation of the Olympic Games Bloomberg [LONDON] International retailers such as Kate Spade and Forever 21 Inc are competing for prime space in London’s West End, pushing rents to new highs as landlords elsewhere in the UKBloomberg; BLOOMBERG - 829 words
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Article, Illustration427 2011-04-14 43 Plans are in place to boost land supply in the city in response to rising public anger over soaring house prices AFP [HONG KONG] Hong Kong’s financial chief said yesterday that overall property prices had passed their 1997 peak in February and wouldAFP - 427 words
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406 2011-04-14 44 EMILYN YAP - If there are buyers, industrial prices in the vicinity could undergo ‘re-pricing’ By EMILYN YAP AGENTS are marketing an upcoming industrial development at Ubi Road by Oxley Holdings for at least $600 per square foot (psf), potentially creating new price benchmarks in the area.406 words
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248 2011-04-14 44 UMA SHANKARI - By UMA SHANKARI HOME-BUYERS can now have easy access to property market information on the go from their iPhones and iPads. The Urban Redevelopment Authority (URA) yesterday launched its new and free “Property Market Information, Singapore” application as part of its efforts to enhance248 words
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Article, Illustration487 2011-04-14 44 Bloomberg [WELLINGTON] New Zealand house prices increased for a second month in March, signalling a property market recovery that may bolster confidence later this year after the nation’s deadliest earthquake in 80 years. Prices rose 0.5 per cent from February,Bloomberg; BLOOMBERG - 487 words
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663 2011-04-14 45 KALPANA RASHIWALA - In the latest survey, the annual rental value for Singapore was US$73.51 psf By KALPANA RASHIWALA SINGAPORE has shot up to ninth position in the ranking of the world’s most expensive office locations as at December last year, from 15th place in June663 words
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200 2011-04-14 45 Bernama [KUALA LUMPUR] SP Setia Bhd Group, which has RM40.5 billion (S$16.8 billion) worth of property projects in the pipeline, plans to enter the Singapore property market this year, its president and chief executive officer Liew Kee Sin said. For aBernama - 200 words
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Advertisement42 2011-04-14 41 Reach out to prime international and local tenants Savills Retail Lifestyle Leasing Savills has over 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. Call 6536 5022 6415 3636 I savills.com savills AGENCY NO. L*****88B42 words
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Advertisement359 2011-04-14 41 H I ±L glEEMMEIH FREEHOLD CBD OFFICE BUILDING Site Area: 5,OOOsf/GFA: Z3,000sf CBD OFFICE BUILDING Site Area: 17,000sf GFA: 95,000sf NEXT TO MRT NEW RETAIL MALL Site Area: 15,000sf GFA: 46,000sf FREEHOLD 3 STY SHOPHOUSES GFA: 3,000 to ll.OOOsf NEW 3/4 STAR HOTELS IN TOWN 200+ to > 300+ ROOMS359 words
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Advertisement184 2011-04-14 42 COLLECTIVE SALE Tender closing 12 May (Thurs) 3pm CHONG KIM APARTMENT TT Thomson Rd NewtonRdU MandalayRd Akyab Rd Bassein Rd NOVENA MRT Square 2/ Velocity Freehold Land area 15,359.2 sf Potential state land purchase of 1,500 sf (estimated) Plot Ratio 2.8/ up to 36 storeys Revenue House Moulmein Rd United184 words
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Advertisement177 2011-04-14 42 Call 1800 289 8822 or e-mail notices@sph.com.sg to place your AGM EGM Notices FOR SALE BY TENDER NEX Mega Mall LEONG BEE COURT FREEHOLD RESIDENTIAL SITE NEAR MRT Serangoon MRT Road Braddell Road Bartley Road Land Size 2,734.7 sqm (29,436 sqft approx) Master Plan 2008 For Residential Use; Up to177 words
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Advertisement309 2011-04-14 42 FREEHOLD LAVENDER COMMERCIAL REDEVELOPMENT SITE CB Richard Ellis (Pte) Ltd Investment Properties Tel: 6224 8181 6 Battery Road #32-01 Singapore *****9 1 Less than 250m to Lavender MRT Station 1 Prominent Corner Location Ample public car parking 1 Potential GFA approximately 10,549 sq ft Freehold 1 Masterplan 2008 zoning "Commercial"309 words
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Advertisement224 2011-04-14 43 WestAustraliancoastallocalitylandbank and prosper! FOR SALE by Expressions of Interest 127 (Lot 10) Hillview Road, Augusta, Western Australia Land Area: 116.46ha* Zoned: ‘Future Development’ 1.5km* from town centre, 2.5km* from coast Approved outline development plan *Approx. www.realcommercial.com.au/*****49 UNDER INSTRUCTIONS FROM THE RECEIVER Closing 4pm (WST) Thursday 12 May 2011 Noel Jones224 words
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Advertisement445 2011-04-14 43 w £*c\usjjff <%> v *h>?°A EI BaWf° orfl S !l f i 1 IS I! 'i |)L i |n i; fit he Boathouse. Waterside livin £99,950 (SG$ 200,0 Capital growth forecast 27% 2011-2015 Low capital outlay just £275/sq.ft average it si If s f 5 Hsl vi a i iPw'''445 words
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Advertisement265 2011-04-14 44 CAIRNHILL MANSIONS LUXURY CONDOMINIUM DEVELOPMENT SITE Ardmore Park Sheraton Towers Hotel The Hamilton Scotts Anglo Chinese School (Junior) l (Former) Tanglin Club Scotts 28 The American Club Subject Property Goodwood Hilltops Park Hotel "V •The Claymore nd Hyatt Hotel Ritz Carlton Mt Elizabeth Residences Medical Centre Scotts Square Tangs Shopping265 words
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Advertisement19 2011-04-14 44 Call 1800 289 8822 or e-mail notices@sph.com.sg i to place your AGM EGM Notices I WATS i NOTICES 3j19 words
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Advertisement180 2011-04-14 44 W* Knight U Frank Estate Agent Licence No. L*****36J Pearlbank Apartments A hidden gem in the city Fantastic day and night unblocked 360° views Next to Pearl's Hill City Park and Outram Park MRT Interchange Near to medical hub, Chinatown, CBD, Gardens-by-the-Bay, IR and Marina Bay An opportunity to reshape180 words
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Advertisement299 2011-04-14 45 NO. 1 SOPHIA ROAD PRIME COMMERCIAL REDEVELOPMENT SITE View from actual development L ,1 flr BE; Site area: 7,118.0 sq m (approx 76,618 sq ft) Allowable GFA: 627,852 sq ft Prominent dual frontage Fringe of Orchard Road Shopping Belt and Civic Cultural District Close proximity to 4 MRT Stations Potential299 words
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Article, Illustration1189 2011-04-14 46 Takashi Sugimoto - Takashi Sugimoto reveres nature and his penchant for recycled materials transcends the mere fashion of the day Takashi Sugimoto A SPECIAL FEATURE BROUGHT TO YOU BY IF A vein of animism flows through the work of Takashi Sugimoto, it is probably because like many Japanese, he1,189 words
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Advertisement145 2011-04-14 46 I w -r ffJUI 1V, T— T~ -u. boulevard /'tic Featuring 28 stunning bespoke residences located in Orchard Road. Designed by Takashi Sugimoto of Super Potato Tokyo, Boulevard Vue's distinctive glass-sheathed architecture evokes instant status and recognition. Every aspect of Boulevard Vue is crafted with exquisite attention to detail that145 words
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