The Business Times, 23 June 2011
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2011-06-23
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The Business Times
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Title Section24 2011-06-23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg sph A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, June 23, 201124 words
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766 2011-06-23 1 VIRGINIE MANGIN - By VIRGINIE MANGIN in Wenzhou, China IN 2008, Shisheng Chen set up his “credit guarantee company” here with 19 friends. They pooled their extra cash together, registered for a licence and now legally lend to Wenzhou’s 200,000 or so cashstrapped766 words
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Article, Illustration881 2011-06-23 1 NEIL BEHRMANN - Pimco chief fears other eurozone members may default as well; Greece faces tough road ahead By NEIL BEHRMANN in London BOND, currency and stock markets remained uncertain yesterday even though Greek Prime Minister George Papandreou narrowly won a vote of confidence forAP - 881 words
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Article144 2011-06-23 1 HST INDEX 3,042.83 (–10.68) H ST INDEX FUTURES 3,043 (-11) G SIMSCI 350.89 (–1.49) G SIMSCI FUTURES 351.40 (-0.80) FOREX US$ S$ US$ (S$ per US$) 1.231 (US$/S$ per 1.621 1.995 EURO (US$/S$/E) 1.440 1.773 Foreign currency per US$ S$ YEN 80.20 65.10 RM 3.024 2.456 HK$ 7.789144 words
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Advertisement24 2011-06-23 1 HOCK LOCK SIEW Rival bid for Portek? Don’t keep market guessing PAGE 6 Nokia out to safeguard its feature-phone market share BizIT I PAGE24 words
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Advertisement12 2011-06-23 1 COMMENTARY It’s time for major reforms at IMF PAGE 19 *****1 *****412 words
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Advertisement72 2011-06-23 1 PROPERTY Tulip Garden up for sale again PAGE 10 COMPANIES ACT Auditors want stronger shield to do better job PAGE 4 -*v EST? 19 54 SINCERE fine watches SINGAPORE TAKASHIMAYA SHOPPING CENTRE TEL (65) 6733 0618 SUNTEC CITY MALL TEL (65) 6337 5150 SINCERE HALITE HORLOGERIE, THE SHOPPING GALLERY AT72 words
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TOP STORIES
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Article582 2011-06-23 2 Greece govt wins vote but default spectre rises BOND, currency and stock markets remained jittery yesterday even though Greek Prime Minister George Papandreou narrowly won a vote of confidence for austerity. The world’s biggest bond trader, meanwhile, warned that Greece was still likely to default on its debts582 words
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568 2011-06-23 2 CONRAD TAN - Consumers should be warned of higher repayments if interest rates rise: MAS By CONRAD TAN [SINGAPORE] Banks and other financial institutions marketing home loans to consumers will have to provide them with a fact sheet warning how their loan repayments could rise568 words
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504 2011-06-23 2 TEH SHI NING - 24,363 couples got hitched, 6.6% fewer than previous year By TEH SHI NING [SINGAPORE] Fewer couples tied the knot last year, even as more divorces were filed. The first decline in new marriages since 2003 also coincided with an all-time low in the ratio504 words
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Article, Illustration928 2011-06-23 2 KALPANA RASHIWALA - Trusty investment alternatives with decent returns needed COMMENTARY By KALPANA RASHIWALA [SINGAPORE] AMID the ongoing discussion on how best to tame Singapore’s private housing market, a closer look is needed at the reasons for the strong demand. The answer to thisFILE PHOTO - 928 words
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Article, Illustration904 2011-06-23 4 LYNETTE KHOO - Measures needed to prevent companies from bullying them into quitting COMPANIES ACT REVIEW By LYNETTE KHOO [SINGAPORE] Investors may want auditors to do more in the wake of the S-chip scandals but there’s nothing in the Companies Act review that encourages auditors904 words
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Article, Illustration610 2011-06-23 4 Reuters [WASHINGTON] The Federal Reserve yesterday said the pace of US economic recovery was proceeding more slowly than it had expected though it was primarily because of temporary factors. The Fed’s policysetting committee said it will maintain interest rates at exceptionally lowReuters; AP - 610 words
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511 2011-06-23 4 JAMIE LEE - SGX may hold all shares bought with CPF money via CDP By JAMIE LEE [SINGAPORE] The Singapore Exchange (SGX) may eventually hold all shares bought with CPF money through the central depository (CDP), the review report on the Companies Act showed. This proposal is511 words
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Advertisement120 2011-06-23 2 apbcOffices We invite you to work different. 75 High Street 9 Battery Rd, Straits Trading Building 9 Temasek Boulevard, Suntec Tower 2 30 Raffles Place, Chevron House VIRTUAL OFFICE 1 Lg t apbcOffices A- Prestigious business address. Start immediately with minimal start-up cost. 3 tiers of services to suit your120 words
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Advertisement974 2011-06-23 3 w ■*r V u in. SB safe ill.#,' I|J .L't 4 it. I i S IK1& ,-a W?J&m mrnMZ 7 M A 'T-' fk A WW mm Hi' T'W ma jp ISItSSi a -sTA M-v:-m* r ,^r-: gPjfolS&gi! I I It was 17 June 1891, almost 120 years ago when974 words
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Advertisement1524 2011-06-23 4 RH PETROGAS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****1138Z) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of RH PETROGAS LIMITED (the “Company”) will be held at 20 Harbour Drive, #06-03 PSA Vista, Singapore *****2 on Friday, 8 July1,524 words
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Advertisement178 2011-06-23 5 SINGAPORE SERVICE EXCELLENCE MEDALLION Recognising the heart of excellence vV AT AT AT AT VOAA/CY/UAA/C AT AT AT AT AT AT AATOAAAAAAAAA: V AT AT AT > The Singapore Service Excellence Medallion celebrates the pinnacle achievement in a new paradigm of service excellence. Hi AT AT AT AT. OALTAAAA/lA/ W178 words
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COMPANY NEWS
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600 2011-06-23 6 JOYCE HOOI - Cash offer open for acceptance by shareholders until July 20 By JOYCE HOOI INTERNATIONAL Container Terminal Services Inc (ICTSI) is soldiering on with its cash offer for Portek International at $1.20 per share, according to the offer document that was released yesterday. ICTSI600 words
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891 2011-06-23 6 JOYCE HOOI - HOCK LOCK SIEW By JOYCE HOOI HERE’S a philosophical conundrum for the contemplative investor: if a company says it is interested in buying another company, and no one is around to see it happen, is that company really interested? Better yet does891 words
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Article, Illustration783 2011-06-23 6 Charges that hot money is hurting the poor unnerve some Reuters [LONDON] Some pension funds are beginning to question their investments in commodities after accusations that massive flows into the sector have distorted markets, fuelled food inflation and hurt poor nations. TheReuters; AP - 783 words
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Article, Illustration481 2011-06-23 7 EMILYN YAP - BOS says its earning asset base grew 30% to US$36.3b this year till May By EMILYN YAP OCBC Bank’s private banking unit Bank of Singapore (BOS) is setting up an operation within OCBC China to reach out to Chinese individuals with deep481 words
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609 2011-06-23 7 KELLY TAY - CapitaRetail China Trust raises gross proceeds of $70m from placement By KELLY TAY CAPITACOMMERCIAL Trust (CCT) and CapitaMall Trust (CMT) yesterday announced the issue, through Silver Oak, of US$645 million five-year secured floating rate notes (FRNs). Separately, CapitaRetail China Trust (CRCT) another609 words
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317 2011-06-23 7 Reuters ASIA’S property IPO market may slow down for the rest of the year as governments move in to cool property prices and equity markets turn sluggish, a senior executive at HSBC says. “I don’t expect a lot of straight equity to be raisedReuters - 317 words
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628 2011-06-23 9 JAMIE LEE - Analyst doesn’t think equities will move in any big way By JAMIE LEE THE Singapore dollar is not ready for the status of a safe haven currency partly because the bond market is underdeveloped, a senior strategist said yesterday. Asked628 words
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463 2011-06-23 9 RONNIE LIM - Supply will help them bridge fuel needs before LNG supplies begin in May 2013 By RONNIE LIM ADDITIONAL piped natural gas (PNG) from Natuna will start arriving in Singapore in about three months’ time. It will help the generating companies463 words
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333 2011-06-23 9 EMILYN YAP - By EMILYN YAP THE Institute of Banking and Finance (IBF) is embarking on a review of competency standards for the financial industry, some five years after the standards were first introduced. It will also be setting the bar higher for financial representatives who wish333 words
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COMPANY BRIEFS
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Article42 2011-06-23 9 OFFSHORE vessel builder STX OSV has secured new contracts to build two vessels for Norway’s Farstad Shipping for 1.2 billion Norwegian kroner (S$269 million). The vessels are scheduled for delivery in the second quarter of 2013.42 words
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68 2011-06-23 9 STAMFORD Tyres Corporation said net profit for the year ended April 30, 2011, has jumped 41.4 per cent year on year to $13.3 million as better sales mix of high performance tyres and earthmover tyres offset rising tyre costs. South Africa, North Asia68 words
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101 2011-06-23 9 ANWELL Technologies said that its wholly owned subsidiary Dongguan Sungen had secured long-term funding arrangement of 500 million yuan (S$95.4 million) from the municipal government of Dongguan for the setting up of the group’s second thin film solar panel production plant, which is101 words
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Advertisement173 2011-06-23 6 APOLOGY NOTICE TO PHITEN We, SPORTS ELEMENTS PTE LTD (UEN NO. *****2298C), hereby unreservedly apologise to Omnititan Venture Pte Ltd (“Omnititan”) and Phiten Co., Ltd (“Phiten”), for having infringed the above Trade Marks through the unauthorized sale of counterfeit Phiten products at the trade name retail outlet EXXE,locatedatEXXE#02-51/52NovenaSquare,238Thomson Road, Singapore173 words
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Advertisement201 2011-06-23 7 Investment^Trends 0.1% commission and Direct Market Access on Singapore share CFDs 3 Straits Asia Rasourcas Ltd 2.880 2.S70 2.850 2140 Order Type I Limit Day Order Level I 2.9000 Contingent OTC Orders 2.890 2 800 2.910 2 920 2 930 a S) DMA r)OTC L2l±iL =H J pips away (MlrvO.1)201 words
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SINGAPORE MARKETS
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Article, Illustration626 2011-06-23 8 R SIVANITHY - Initial 20-point gain for STI gives way to 10.68-point loss after HK surrenders triple-digit rise, Europe opens in red STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index (STI) yesterday dropped 10.68 points to 3,042.83 as caution re-entered the market following Tuesday’s 40-point rebound.Source: Bloomberg - 626 words
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Article186 2011-06-23 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 12 3 0 0 0 2 12 3 Manufacturing 37 59 60 4 2 8 41 61 68 Commerce 16 24 20 2 2 4 18 26 24 Tpt/Stor/Comms 14 16 12186 words
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Article119 2011-06-23 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 32,331 32,331 80,755 80,755 Manufacturing 258,996 5,616 264,612 170,579 325 170,903 Commerce 59,673 1,209 60,882 109,836 416 110,252 Tpt/Stor/Comms 145,070 7,210 152,280 265,770 726 266,496 Finance 15,810 15,810 163,227 163,227 Construction 17,956 977 18,933 4,931119 words
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Article112 2011-06-23 8 Stock name Close Change Stock name Close Change CapMallsAsia 1.410 -0.020 CapitaLand 2.800 -0.050 CapitaMall 1.900 -0.010 CityDev 10.500 +0.020 ComfortDelGro 1.380 DBS Grp 14.240 -0.160 F&N 5.550 -0.170 GLP 1.990 -0.020 Genting SP 1.870 -0.020 Golden Agri 0.670 -0.005 HK Land 7.300 +0.020 JMH 54.700112 words
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Article66 2011-06-23 8 Jun 22 VALUE CLOSE BT OB/OS -805.00 -7.00 BT CADI -*****.00 -81.00 BT 10-day MA -*****.00 -80.00 FTSE ST Mid Cap 728.93 -4.56 FTSE ST Small Cap 504.85 -3.51 FTSE ST All Share 743.60 -3.09 FTSE ST China Top 247.57 -2.58 FTSE ST China 287.24 -2.46 FTSE66 words
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Article56 2011-06-23 8 VOLUME Samko 69,239,000 Genting SP 65,414,000 Artivision 51,940,000 Golden Agri 48,248,000 SingTel 36,727,000 NOL 33,349,000 Dyna-Mac 32,264,000 Thai Beverage 29,839,000 HPH Trust US$ 24,255,000 Yangzijiang 19,287,000 VALUE($) Genting SP 123,937,440 SingTel 112,920,260 UOB 56,980,380 Keppel Corp 53,154,472 CapitaLand 50,955,354 DBS Grp 50,816,700 NOL 50,279,580 Olam 33,174,280 Golden56 words
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BROKERS’ TAKE
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Article, Illustration427 2011-06-23 8 June 22 close: S$0.91 OCBC INVESTMENT RESEARCH, June 22 Mapletree Logistics Trust (MLT) announced on June 17 that it had completed the acquisition of KPPC Pyeongtaek Centre in South Korea. Recall that MLT previously reported on May 25 that it had signed a conditional sale and purchaseSource: Bloomberg - 427 words
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Article343 2011-06-23 8 CONRAD TAN - Compiled by CONRAD TAN June 22 close: S$4.40 DBS Group Research, June 22 Bukit Sembawang is one of the largest landed residential developers in Singapore with about 72 per cent of its land bank within the landed mass-market segment. The supply of these homes is limited and343 words
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Article137 2011-06-23 8 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,137 words
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Article, Illustration558 2011-06-23 8 CURRENCIES Reuters [NEW YORK] The euro slid yesterday, with investors locking in gains following a vote of confidence in the Greek government and as they braced for more challenges, including a crucial decision on the country’s austerity plans. The dollarReuters; AP - 558 words
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Article113 2011-06-23 8 BY CENTS CLOSE UP DBXT MSKorea 10US$ 6140 251.1 3.4 UOB 5.05%NCPS 100 ***** 194.0 1.9 IS DJ US Tech 6303 193.3 2.6 Jardine C&C 4038 114.0 2.9 GLD 10US$ ***** 83.7 0.5 DBXT STGLDv100 10US$ 2994 81.2 2.3 IS S&P500 ***** 77.6 0.5 JMH 5470 73.9 1.1 Hyflux113 words
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Article123 2011-06-23 8 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 4312 -86.2 -1.6 F&N 555 -17.0 -3.0 DBS Grp 1424 -16.0 -1.1 DBS Bk 4.7% NCPS 100 ***** -10.0 -0.1 IS MSCI Spore 1333 -8.6 -0.5 SGX 711 -7.0 -1.0 Keppel Corp 1068 -6.0 -0.6 NOL 147 -6.0 -3.9 Wilmar 532123 words
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Advertisement100 2011-06-23 9 EXCLUSIVE LANDED HOMES FOR SPACIOUS LIVING J m ■I mm Pt WM sis mj, I &r/i v.r- y IMffiH ,*w> *S Henley Gardens No. 75 Jalan Arif Chuan Villas Jo. 36 Chuan Close SSS '0 .'••.J' Ready For Immediate Occupation MRT stations and bus interchange nearby Near amenities: shopping centres,100 words
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SINGAPORE NEWS
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489 2011-06-23 10 REBECCA LIU - HK commercial property rents rise sharply as demand from China jumps By REBECCA LIU STRONG demand from mainland China and a supply crunch are causing Hong Kong’s commercial property market to reach a fever pitch, with Singapore looking to benefit from rising489 words
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Article, Illustration503 2011-06-23 10 UMA SHANKARI - Reports by UMA SHANKARI TULIP Garden at Farrer Road, which couldn’t find a buyer in its last en bloc attempt, has been relaunched for sale. Marketing agent Credo Real Estate is seeking a new mandate from owners to lower the reserve price to503 words
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343 2011-06-23 10 A 0.34 ha industrial site at Irving Place drew a whopping 15 bids and a top offer of $343 per square foot per plot ratio (psf ppr) much higher than analysts expected at the close of a state tender yesterday. The343 words
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298 2011-06-23 10 TAM YU LING - By TAM YU LING AS demand increases for energy efficient “green tyres”, Asia’s No 1 S-SBR synthetic rubber maker Asahi Kasei is riding the wave by opening its second plant on Jurong Island. Estimated to cost 20-30 billion yen (S$307-460 million), it298 words
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605 2011-06-23 10 NICHOLAS YEO - Prices start at $1,400 psf, project to be launched in July By NICHOLAS YEO CHEUNG Kong (Holdings) Ltd unveiled its latest project, Thomson Grand, yesterday at Singapore Island Country Club’s (SICC) Island Location. The project will be launched in July once the sales office605 words
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536 2011-06-23 10 LEE U-WEN - 1,500 biz, thought leaders expected in Hawaii in November By LEE U-WEN THE annual Asia-Pacific Economic Cooperation (Apec) CEO Summit to be held on the American island state of Hawaii in November is looking to mark its 15th536 words
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227 2011-06-23 10 CERTIFICATE of Entitlement (COE) premiums ended mixed in the June second open bidding exercise, ended yesterday. Premiums went up for most categories, offering reprieve only for cars 1,600cc and below, as well as taxis and motorcycles. The sharpest rise was seen227 words
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166 2011-06-23 10 THE Land Transport Authority (LTA) announced yesterday it has awarded two civil contracts worth $216.8 million to China State Construction Engineering Corporation (CSCEC). The contracts are for the construction of the Kaki Bukit and Kallang Bahru stations along the Downtown166 words
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Advertisement38 2011-06-23 10 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY CARING TO CONNECT The Indian Women's Association is reaching out to more in the community BOLLYWOOD WELCOMES HALFINDIANS AND FOREIGNERS GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST38 words
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ECONOMY WATCH
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606 2011-06-23 11 Bernanke Co still have much work to do The central bank is now confronting renewed jitters over Europe’s debt crisis AP [WASHINGTON] The US may be into the second year of the economic recovery, but Federal Reserve chairman Ben Bernanke and his colleagues are still facing plenty of challenges asAP - 606 words
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Article, Illustration514 2011-06-23 11 AFP [SEOUL] South Korea is considering shifting office hours and school holidays to encourage its hard-work-ing citizens to spend more, but the initiative to boost domestic demand has met with a wary response. While exports are booming and growth figuresAFP - 514 words
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218 2011-06-23 11 Reuters [SEOUL] The global economy has turned a corner but markets could remain vulnerable to sovereign debt risks involving advanced economies for a considerable time, South Korea’s central bank chief said yesterday. “Debt path projections show sovereign risk in major advanced economiesReuters - 218 words
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Advertisement294 2011-06-23 11 Yours to oiaSHJ final rot&ast of special units iA/itfo private, entertainment terraces. BELLEVUE RESIDENCES I 1 V !li I •sMs skmtina«L_5P3" m: BKD«EOm I ll! i'ttf'V Si I|li!!IR •■V HI —r sfflH i >r ■p. n*K Nature Paraphrased. For the Epitome of Living. as I I i 'i IB <294 words
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MALAYSIA/INDONESIA
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409 2011-06-23 12 Sources say stake in Amsteel Mills Bhd could be sold for about US$1b Bloomberg [SINGAPORE] Baosteel Group Corp, China’s sec-ond-biggest steelmaker, is in talks to buy a stake in a steel unit of Malaysia’s Lion Group for about US$1 billion,Bloomberg - 409 words
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449 2011-06-23 12 Bloomberg [KUALA LUMPUR] Malaysia plans to start selling an Islamic dollar sovereign bond today to raise as much as US$2 billion, its second Syariah-compliant global offering in a year, two people familiar with the matter said. The sale will be split into twoBloomberg - 449 words
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Article, Illustration420 2011-06-23 12 S JAYASANKARAN - By in Kuala S JAYASANKARAN in Kuala Lumpur LONG-SERVING Sarawak Chief Minister Taib Mahmud yesterday moved to dispel allegations that he was under financial investigation by the Swiss authorities and denied that he maintained a private bank account in that country or owned SwissREUTERS - 420 words
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454 2011-06-23 12 Reuters [JAKARTA] Indonesia’s an-ti-corruption chief Busjro Muqoddas has only been in the job six months and has already taken on a judge, members of parliament, and even the president’s political party. But critics believe that the fight against corruption has actually slowedReuters - 454 words
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Advertisement1108 2011-06-23 12 Consolidated financial statements year ended 31 December 2010 Balance sheet at 31 December 2010 In thousands of euros 31 Dec 2010 31 Dec 2009 ASSETS Cash and amounts due from central banks and post office banks 600,216 600,206 Treasury bills and money-market instruments 10,952,669 8,108,016 Due from credit institutions 39,460,9411,108 words
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Advertisement235 2011-06-23 12 NOTICE OF INTENTION TO DECLARE PREFERENTIAL DIVIDEND Name of company At-Life Pte. Ltd. (In Creditors’ Voluntary Liquidation) (Company Registration No: *****6115H) Address of former registered office c/o 101 Upper Cross Street, #04-48 People’s Park Centre, Singapore *****7 Last day for receiving proofs 7 July 2011 Name of Liquidators Farooq Ahmad235 words
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GREATER CHINA/INDIA
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Article, Illustration425 2011-06-23 13 Economic planning agency also says momentum in price hikes has slowed Bloomberg [BEIJING] China’s top economic planning agency has said that inflation would accelerate this month, bolstering analysts’ forecasts for the rate to reach 6 per cent, the highest level since July 2008.Bloomberg; REUTERS - 425 words
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557 2011-06-23 13 Bloomberg [BEIJING] Air China Ltd and China Petroleum Chemical Corp are among companies withholding 20 per cent of dividend payments to foreigners as they await guidance on how to handle the repeal of a 17-year-old tax exemption. China’s State Administration of TaxationBloomberg - 557 words
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428 2011-06-23 13 Move follows jump in yields over fears of Greece default Bloomberg [MUMBAI] Indian companies are seeking guarantees from multilateral agencies to cut borrowing costs after yields on their dollardenominated bonds rose to the highest in almost a year. IDBI Bank Ltd announcedBloomberg - 428 words
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Advertisement142 2011-06-23 13 s«NWFA Nanyang Academy of Fine Arts is pleased to be the first comprehensive arts institution to receive 4-year SINGAPORE certification from the Council for Private Education. Since 1938, NAFA has shaped the development of the arts in Singapore with a rigorous arts training programme. 11 Cultural Medallion Award winners, 10142 words
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WORLD
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583 2011-06-23 14 But they’re up for a potential upgrade as part of the firm’s 2012 review Reuters Bloomberg [NEW YORK] MSCI Inc, whose stock indexes are tracked by investors with about US$3 trillion in assets, has maintained South Korea’s and Taiwan’s emerging market statusReuters; Bloomberg - 583 words
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678 2011-06-23 14 AP [WASHINGTON] JPMorgan Chase Co has agreed to pay US$153.6 million to settle civil fraud charges that it misled buyers of complex mortgage investments just as the US housing market was collapsing. JPMorgan Securities, a division of the powerful Wall Street bank, failed toAP - 678 words
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Article, Illustration590 2011-06-23 14 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo ASIA’S continued economic growth and prosperity is in jeopardy if development is too energy-intensive and dependent upon fossil fuels, Asian Development Bank (ADB) president Haruhiko Kuroda warned yesterday at the opening of an ADB Clean Energy ForumAFP - 590 words
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Article, Illustration548 2011-06-23 14 Bloomberg [SYDNEY] Australia may shift its military focus to recognise the growing importance of energy assets on its isolated northern coast, and the challenge posed by Asia’s emerging powers. Announcing the first review of national security in more than twoBloomberg; BLOOMBERG - 548 words
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Article, Illustration589 2011-06-23 15 Caution reflects the region’s reliance on US and European demand Bloomberg [SYDNEY] Europe’s debt crisis and slowing US growth are damping demand for exports from Asia, giving central banks a reason to slow interest-rate increases even at the risk ofBloomberg; AFP - 589 words
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306 2011-06-23 15 AFP [PARIS] A strain of E coli bacteria blamed for killing dozens of people in Germany is a genetic mix whose ability to stick to intestinal walls may have made it so lethal, a study in The Lancet said yesterday.AFP - 306 words
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Article, Illustration540 2011-06-23 15 AFP [PARIS] A second legal probe into France’s handling of a business dispute upped the pressure yesterday on Finance Minister Christine Lagarde, one day before she was to make her case to become head of the International Monetary Fund (IMF). Ms LagardeAFP; BLOOMBERG - 540 words
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Article, Illustration294 2011-06-23 15 Reuters [NEW YORK] FedEx Corp reported a strong fourth quarter profit yesterday despite fuel and economic challenges and forecast robust 2012 earnings, sending its shares up 3 per cent in pre-market trading. Net profit rose 33 per cent to US$558 million,Reuters; AP - 294 words
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588 2011-06-23 15 Reuters [PARIS] Farm ministers of the group of 20 leading economies (G-20) wrangled over France’s proposals to tighten regulation of commodity markets and set up emergency reserves at a summit yesterday as the group seeks to tackle soaring and volatile food prices. ParisReuters - 588 words
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340 2011-06-23 15 Remittances shot up to US$11b in 2010 from US$4.8b in ’05 AFP [DHAKA] Bangladesh lifted 13 million people out of poverty in the five years to 2010, pushing the poverty rate in the South Asian country down to 31.5 per cent, the governmentAFP - 340 words
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Advertisement58 2011-06-23 14 Heartbeat Of The Indian Community Incisive features from India, news about the local Indian community, as well as business, education, entertainment, food and sports... with an Indian slant of course. a cr r ...MlH COMM UN THE HE* 5»5nno« uPSUW *s,»COtrt j Presidential conversation -r^~£wsiww re i'?^\ 1 For more58 words
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Advertisement23 2011-06-23 14 The NEW TQOltf Android app i S BEST MUSIC THE MARRIED MEN weekdays from 6am s«t* 90 DOWNLOAD IT FREE AT RADI09I3.COM NOW!23 words
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Advertisement247 2011-06-23 16/17 THOMSON GRAND PREMIER NEIGHBOURHOOD Singapore Island Country Club (SICC) one of the most prestigious golf clubs in Singapore with long and illustrious history Four beautiful world-class 18-hole championship courses PREMIER EDUCATION HUB Ai Tong Primary School St Nicholas Girls' School Raffles Institution Catholic High School etc UNIQUE AND MULTIPLE VIEWS247 words
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EDITORIAL & OPINION
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505 2011-06-23 18 EDITORIAL SEAFARERS and shipowners have always received special attention in the world of work. After all, the sector was among the earliest to be globalised. As far back as 1920, the International Labour Organization’s (ILO) International Labour Conference featured agenda items concerning505 words
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Article, Illustration930 2011-06-23 18 DORIS CHENG, JOON-ARN CHIANG - Business should dictate the common accounting norms used not the other way around By DORIS CHENG JOON-ARN CHIANG The writers are, respectively, an executive and a partner with Ernst Young’s Financial Accounting Advisory Services Practice FUELLED by institutional investors and the American Dream, capitalSTOCK.XCHNG - 930 words
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Article, Illustration816 2011-06-23 18 ANTHONY ROWLEY - THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent “BLAME the bureaucrats” for the sad state of governance, the economy and most other ills seems to be a constant refrain nowadays among Japanese politicians. And they themselves are under almost constant fire from816 words
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Article, Illustration1343 2011-06-23 19 OMKAR SHRESTHA - It should select next head on the basis of qualification; developing nations need to focus on its Board’s voting structure By OMKAR SHRESTHA The author is visiting senior research fellow at the Institute of Southeast Asian Studies MUCH of the recent debate onREUTERS - 1,343 words
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Article, Illustration849 2011-06-23 19 SIMON TILFORD - By SIMON TILFORD in London The writer is chief economist at the Centre for European Reform A FLAWED understanding of what drives economic growth has emerged as the gravest threat to recovery in Europe. European policymakers are obsessed with national “competitiveness”, and genuinely appear toAFP - 849 words
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AVIATION
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Article, Illustration472 2011-06-23 20 VEN SREENIVASAN - JTC, EDB marketing the 300 hectare park to global players at Paris airshow By VEN SREENIVASAN in Paris THE Seletar Aerospace Park project is progressing well within budget and on time, with infrastructure for Phase 1 and 2 alreadyFILE PHOTO - 472 words
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Article3246 2011-06-23 20 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 KU6458 1415 --SQ458 1415 EY473 1955 NH6369 1955 --VA7473 1955 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 9W4081 1820 AF8087 1820 AY5012 1820 BA7381 1820 JL7892 1820 MU8440 1820 QF81 18203,246 words
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Article, Illustration423 2011-06-23 20 Settlement will boost its bottom line by A$95m AP [SYDNEY] Australia’s flagship carrier Qantas said yesterday it has reached a settlement with engine maker Rolls-Royce over last year’s mid-air disintegration of a superjumbo engine, which temporarily forced the grounding of its entire fleetAP - 423 words
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Article487 2011-06-23 20 Reuters [OSLO] Norway and Iceland joined a US and European Union “open skies” deal on Tuesday amid a trans-Alt-antic dispute about Europe’s plans to impose carbon emission permits on all flights from 2012. Under the deal, airlines in non-EU members Norway and Iceland will beReuters - 487 words
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Page 20 Miscellaneous
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Miscellaneous335 2011-06-23 20 CRYPTIC CROSSWORD Across 4 Separate area reached by sailors (8) 8 Country making a new attempt when backed by the French (6) 9 What knocks back editor if a VIP is genuine (4,4) 10 Title of my French gentleman used around European community (8) 11 Moggie let out with other335 words
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3854 2011-06-23 21 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 Destination3,854 words
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Page 21 Advertisements
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Advertisement18 2011-06-23 21 TO ADVERTISE, CALL JOE WONG AT *****327 L|L*L here in the Shipping Times? THE BUSINESS TIMES SHIPPING TIMES18 words
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SHIPPING
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442 2011-06-23 22 It keeps mum on weather its Vale Brasil is barred from entering Dalian Reuters [RIO DE JANEIRO] Brazilian mining giant Vale said on Tuesday that it had rerouted 391,000 tonnes of iron ore, its first cargo aboard a new class of giant bulkReuters - 442 words
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Article278 2011-06-23 22 SGX '000 Jun 22 S$ +/-Vol CH Offshore 0.43 unch 31 Chuan Hup Hldg unch unch 0 Cosco Corp 1.83 -0.01 ***** CWT Ltd 1.23 -0.02 924 Ezra Hldgs 1.33 -0.02 3659 First Ship Lea 0.35 unch 1378 Freight Links 0.06 0.01 1017 Grand Banks unch unch 0278 words
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Article, Illustration376 2011-06-23 22 ALEC ALMAZAN - Manila told to end deficiencies in their education, training By ALEC ALMAZAN in Manila FILIPINO seafarers could soon be banned from European Union (EU)-flagged ships unless deficiencies in the Philippines’ maritime training education and certification system are corrected. Filipino crew, who makeFILE PHOTO - 376 words
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Article, Illustration397 2011-06-23 22 Reuters [TEHERAN] Iran’s state shipping line rejected on Tuesday the latest US indictments against it, saying that the move was another attempt by Washington to damage the Islamic Republic’s economy, state television reported. US prosecutors took aim at the state-sponsored Islamic Republic ofReuters; FILE PHOTO - 397 words
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Page 22 Advertisements
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Advertisement29 2011-06-23 22 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 2011-06-23 22 Experienced sh/p 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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Article8316 2011-06-23 23 Transaction date: Jun 22 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 15 8Telecom 15.5 unch 30 15.5 15.5 14.5 16.5 7.8 3.9 3.2 74.2 12 4.5 A-Sonic 7.5 unch 2428,316 words
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Article1472 2011-06-23 24 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 5.5 4 t AA Grp 4 3.5 4.5 19 3.9 202 154 t APStrategic 161 145 160 95.5 1.5 0.5 t Advanced System 0.51,472 words
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Article9892 2011-06-23 24 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.33/ APS Alpha Fund (USD)!** 1.07/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.71/ Aberdeen Asset Mgt Asia Limited American Opp 0.6328/ Asian Credit Fund9,892 words
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Article225 2011-06-23 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A46 44 48 3.6 7.6 3.7 119.8 55 18 Genting HK US$ US35 -0.5 ***** 36.5 35 35 35.5 2304.6 21 12 Over&Gen A15225 words
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Article858 2011-06-23 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 117 unch 5 117 117 113 117 534.1 1077 832 CIMBAsean40 100US$ US1031 +4 8 1040 1031 1032 1038 41.2858 words
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FINANCE & COMMODITIES
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374 2011-06-23 25 In local curr In S$ In US$ dy yr dy yr dy yr Jun 21 Index Change Change Change Change Change Change World Index Preliminary 893.2 1.5 -0.5 1.3 -2.2 1.6 1.7 EAFE Preliminary 768.8 1.5 -4.0 1.4 -3.3 1.7 0.5 Europe Preliminary 1149.1 1.7374 words
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Article77 2011-06-23 25 CRUDE OIL PRODUCTS Jun 21 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 112.02 -0.30 WTI (Near Mth) 93.16 -0.13 Dubai (1-Mth F) 106.05 0.45 Tapis blend 118.04 0.45 Minas 114.14 0.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 101.50 1.17 Jet Kerosene 126.05 0.40 US$/barrel Opec Oil77 words
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Article107 2011-06-23 25 Jun 21 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 11 1348.75 1335.75 1354.75 1337.75 Aug 11 1348.75 1336.00 1354.75 1338.75 Sep 11 1347.00 1333.50 1352.75 1335.25 Nov 11 1349.75 1335.50 1356.00 1337.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 11 56.60107 words
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Article81 2011-06-23 25 Jun 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****V 22.09.2011 0.32 0.27 0.27 1-Year BY*****X 02.05.2012 0.41 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.11 5-Year N*****0W 1.125 01.04.2016 100.50 100.60 100.6081 words
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Article457 2011-06-23 25 Jun 22 Jun 22 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6400 0 5678 Dec11 99.5600 0 3133 Mar12 99.5050 0 1132 Jun12 99.4100 0 1356 EUROYEN TIBOR FUTURES Sep11 99.6675 0 1251 Dec11 99.6650 0 1392 Mar12 99.6550 651 1823 Jun12 99.6525 0 1554457 words
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Article163 2011-06-23 25 Jun 22 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 11 106 Aug 11 121 Sep 11 484.0 472.0 475.0 51 355 Oct 11 483.0 470.0 474.0 80 212 Nov 11 482.0 470.0 473.0 109 218 Dec 11163 words
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Article, Illustration76 2011-06-23 25 www.smx.com.sg As on 21 June 2011 SMX MARKET UPDATE PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Cash Aug-11 1548.5 1543.3 1546.1 1541.8 Silver Cash Jul-11 36.365 36.06 Silver Cash Sep-11 36.38 36.075 CURRENCY Euro-US Dollar Sep-11 1.4349 1.4279 1.4343 1.428 Aust-US Dollar Sep-11 1.0495 1.0438 1.0492 1.045976 words
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Article121 2011-06-23 25 As at 9am Jun 22 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.35 1.274 Can dollar 1.291 1.242 Euro 1.806 1.737 Sterling pound 2.037 1.959 NZ dollar 1.03 0.981 US dollar 1.25 1.202 Local dollars to 100 units of foreign121 words
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Article29 2011-06-23 25 Jun 22 Sett Open High Sett STI Jun 3055 3055 3043 SIMSCI Jun 352.3 354.2 351.4 Taiwan Jun 303.*****.7 302.6 Source: MF Global (S) Pte Ltd29 words
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2605 2011-06-23 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 23.5 1 150 8 6.85 35 ASJ Hldgs W*****1 1.5 1 4 38 2.67 8 AlliedTech W*****2 1.5 -0.5 65 1 4 29 Asia Water Tech Ltd W*****82,605 words
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Article179 2011-06-23 25 Jun 22 Bid $S Offer Bid 0vernight 0.01 0 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.25 0.15 1 month 0.28 0.18 2 months 0.32 0.22 3 months 0.36 0.26 6 months 0.46 0.36 9 months 0.70 0.50179 words
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Article463 2011-06-23 25 Jun 22 Jun A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.031 6.854 0.736 8.259 47.539 91.112 0.851 11.387 3.206 1.303 90.682 46.091 1.306 7.132 0.893 30.610 32.318 0.654 1.060 Canada 0.970463 words
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Article86 2011-06-23 25 Jun 22 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** Jun 6 mths 0.***** 9 mths 0.***** 1286 words
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Article156 2011-06-23 25 Jun 22 Against US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3050 1.3063 1.0602 1.0604 Canadian dollar 1.2664 1.2676 1.0288 1.0290 Euro 1.7724 1.7739 1.4399 1.4400 NZ dollar 1.0017 1.0030 0.8138 0.8142 Sterling pound 1.9946 1.9964156 words
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Article26 2011-06-23 25 Jun 22 Jun 22 S$ Bid Offer 1-month 1.2309 1.2319 2-months 1.2308 1.2318 3-months 1.2307 1.2318 6-months 1.2303 1.2313 Source: OCBC Source: OCBC26 words
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Article138 2011-06-23 25 Jun 22 GOLD (US$/oz) Jun 21 Jun 22 Hong Kong 1546.80 1548.00 Jun 20 Jun 21 London 1537.54 1545.97 1538.40 1546.72 Source: Thomson Reuters CAST BAR Jun 22 (S$) Selling Buying Kilobar 65,783.60 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 147 61 5gm 418 307 10gm 747138 words
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Article71 2011-06-23 25 Jun 21 Jun 21 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2510.50 2500.25 3 months 2541.00 2531.00 Copper, Grade A (US$/tonne) Cash 9074.00 8998.00 3 months 9080.00 9005.00 Lead (US$/tonne) Cash 2447.50 2433.75 3 months 2460.00 2450.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article65 2011-06-23 25 Jun 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 11 3254 3205 3255 3203 555 4381 Aug 11 3229 3190 3247 3190 2867 ***** Sep 11 3222 3178 3237 3178 ***** ***** Oct 11 3225 317965 words
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Article82 2011-06-23 25 Jun 21 COCOA (£/tonne) Close Prev High/Low Jul 11 1867 1848 1890/1850 Sep 11 1884 1857 1904/1866 Dec 11 1908 1881 1925/1891 Mar 12 1924 1897 1940/1906 COFFEE (US$/tonne) Close Prev High/Low Jul 11 2258 2238 2271/2221 Sep 11 2296 2276 2311/2261 Nov 11 2322 2304 2336/2289 Jan 1282 words
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BizlT THE BUSINESS OF INFOCOMM TECHNOLOGY
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Article, Illustration812 2011-06-23 26 VICTORIA HO - It unveils three new models of C2 series and its first Meego device at tech show, reports VICTORIA HO reports VICTORIA HO RICHER mobile apps hold the key to Nokia’s efforts to safeguard its dwindling share of the global phone market, saidAP - 812 words
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Article106 2011-06-23 26 RESEARCH In Motion (RIM) has announced that the BlackBerry PlayBook tablet will be available in Singapore from today from all the three telcos, Singapore Telecommunications (SingTel), M1, and StarHub, as well as a number of nationwide retail stores. The BlackBerry PlayBook will come in three106 words
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Article, Illustration620 2011-06-23 26 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY FINNISH phone maker Nokia unveiled its latest top-of-the-line entertainment smartphone, the N9, at the Nokia Connections event in Singapore on Tuesday. Running on the MeeGo 1.2 Harmattan OS (operating system) instead of Nokia’s latest Symbian OS, the Symbian Anna, the N9REUTERS - 620 words
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499 2011-06-23 26 Stock price decline makes it attractive for Microsoft, Dell: analysts Bloomberg [TORONTO] Research In Motion Ltd has lost so much value that an acquirer could pay a 50 per cent premium and still buy the BlackBerry maker for a lower multiple than anyBloomberg - 499 words
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404 2011-06-23 26 VICTORIA HO - By VICTORIA HO ASIA is still the fastestgrowing region for broadband, as well as boasting the world’s largest installed base of subscribers, according to the Broadband Forum. Using Point Topic data, the industry group CEO, Robin Mersh, said Asia’s rate of growth has404 words
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Page 26 Advertisements
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Advertisement52 2011-06-23 26 Celebrate aOil S® Media o loin us for A Day of FUN! Photography Workshop Stage for Superstars-to-be PasarMalam Charity Sales Stand to win a 3D2N trip to Hong Kong! 25 June 2011 [Saturday] 2pm-9pm SCAPE Atrium Gallery Details: http://prolect.omy.sg/sgsnid M QR Reader "f. 1^ 11 BsfiQR ReadenttJtS&Sli ;H> l m&±mwn&52 words
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PROPERTY
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635 2011-06-23 27 Both contracts worth up to 10b riyals each; firm also vying for huge Qatar railway project Reuters [DUBAI] Dubai construction firm Al Habtoor Leighton, an affiliate of Australia’s Leighton Holdings, is eyeing two contract wins in Saudi Arabia worth up to 10 billionReuters - 635 words
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1731 2011-06-23 27 H ousehunt PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 16 WITH CONTRACT DATES BETWEEN MAY 25 AND MAY 31, 2011 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 31/05/2011 99 1227 4050 3301 One Shenton Apt1,731 words
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Article, Illustration563 2011-06-23 28 Lack of new supply, low interest rates are helping to drive investor interest Bloomberg [NEW YORK] Commercial real estate investors are optimistic that a US industry recovery will continue even as the economy shows signs of slowing, according to a report yesterday from PricewaterhouseCoopersBloomberg; BLOOMBERG - 563 words
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Article, Illustration384 2011-06-23 28 Reuters [TOKYO] Sekisui House Ltd, Japan’s largest home builder, is likely to lift its annual profit forecast on robust demand for eco-friend-ly and quake-proof houses following the March earthquake and tsunami, the company’s chief executive said. Reconstruction-related demand will help push the nation’sReuters - 384 words
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632 2011-06-23 29 Property investment firm with war chest of over US$1b, keen on Tokyo offices Reuters [SINGAPORE] Property investment firm MGPA has a war chest of more than US$1 billion to invest in new Asian and European property and sees Tokyo offices as one ofReuters - 632 words
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Article, Illustration420 2011-06-23 29 April’s 38% fall biggest since end of housing boom Bloomberg [MADRID] The number of mortgages issued for Spanish homes in April registered a drop unseen since the end of the housing boom, confirming the weakness of a real-estate market that is penalising the country’s banksBloomberg; BLOOMBERG - 420 words
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Page 27 Advertisements
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Advertisement242 2011-06-23 27 ***** ARMENIAN* ***** i ;"'b -u >Vj H I!® H 111! il 1 il II llfl jj*i |i 8 S g B S J. J, I !i S* \e^ v SOHO STYLE STRATA OFFICE FOR SALE Award winning conservation project Short stroll to 3 MRT stations Raffles City 872 sf242 words
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Page 28 Advertisements
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Advertisement227 2011-06-23 28 8.56 ACRES RESIDENTIAL DEVELOPMENT SITE IN DISTRICT 21 A m, TT. mf. r: V m tt a n Island ExpresswayiPJ^ 0 Ngee Ann Polytechnic •it S'pore Institute of Managements^® Sunset way Park Methodist Girl's School ifaS Clementi Arcade pandan Road Cold Storage Jelita Pine Grove Clementi MRTli The Holland Village227 words
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Advertisement198 2011-06-23 28 BRAND NEW FREEHOLD HOTEL DUNLOP STREET FOR SALE Newly A&A building upgraded with Full Hotel License 31 fully furnished guest rooms, all ensuite Spacious lobby with business centre corner 2 and a half storey with basement Lift serves all storeys Located minutes away from future Rochor MRT Super prominent frontage198 words
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Page 29 Advertisements
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Advertisement263 2011-06-23 29 Tulip Garden New Up-Market Condo Enclave •D10, Fronts Leedon Hts, Farrer Rd Holland Rd •Land area 316,708 sf; GPR 1.6/12-sty; FH •Approx. 500m to Farrer Rd MRT Station •Within 2 km to Nanyang Pri Raffles Girls’ Sch 6227 6066for400aptsofave1,325sfTender Closing on9 July 2011 (Tue), 2.30 pm •Potential for 400 apts263 words
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Advertisement300 2011-06-23 29 Discover Battersea... and awaken your senses in London's most vibrant postcode Prices from £5ii/sqft* Exhibition Weekend 2nd 3rd July 2011, 11 am 6pm, Hilton Hotel Singapore 581 Orchard Road, Level 5, Singapore Room For enquiries and to RSVP, please contact: Ms Annie Heong CEA No. R*****3Z T: +65 9768 3055300 words
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VISIONARIES
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Article, Illustration1032 2011-06-23 30 For Richard Meier, part of the significance of an awareness of architectural history is to value permanence, continuity, and therefore, quality A SPECIAL FEATURE BROUGHT TO YOU BY INESSENCE BESPOKE RESIDENCES BY FAR EAST ORGANIZATION ARCHITECTURE, like fashion, can have an ephemeral quality. Pandering toFILE PHOTO - 1,032 words
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Advertisement174 2011-06-23 30 ninn A limited collection of bespoke residences in the heart of prestigious Orchard Road, Alba is an architectural masterpiece created by Bernardo Fort-Brescia of the highly-respected US-based design firm Arquitectonica. Be the limited few to know. I;; For a private viewing of the new Alba sales gallery on 1 River174 words
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