The Business Times, 26 April 2007

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Microfilm: NL27380
Total Pages: 36
1 36 The Business Times
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  • Title Section
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    20 1 THE BUISNESS TIMES A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Thursday, April 26,2007 SINGAPORE 85 cents online at http://business-times.asial.com.sg
    20 words
  • Article
    Lock icon Marine sector sees explosive 40% growth
    676 1  -  Hard to repeat 2006's exceptional showing, but EDB sees double-digit expansion for years to come By DONALD URQUHART [SINGAPORE] The offshore oil and gas boom grew the output of Singapore's marine engineering businesses 40 per cent in 2006, but next year may not be
    676 words
  • Article, Illustration
    Lock icon German solar power firm eyes SGX listing
    758 1  -  Solar*Tec seeks up to 25m euros from Asian investors By CHEN HUIFEN [SINGAPORE] The Singapore Exchange may soon attract its first listing for a solar power company, as the republic seeks to enter the global race to develop clean energy sources. Germany's S.olar*Tec
    YEN MENG JIIN  -  758 words
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      42 1 CORPORATE RESULTS KepLand: Q1 profit Up 72% PAGE 4 ii# j^v f HL fl y A JOHN HENG WEALTH MANAGEMENT Citibank eyes 30% growth in business PAGE 9 SM GOH IN CHINA Singapore, Beijing to jointly develop eco-city in China page 2
      42 words
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      17 1 PROPERTY iV Elizabeth Heists: Record ifc'-j price tag of $2,100 psfppr 8 in Markets Digest Page 3
      17 words
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      115 1 CFO SURVEY OB Accountants, think like investment bankers: CIMA BizTT. Regional semicon spending to grow 10% RAGE 29 GENEVE your own flr «M W *TS 1, r Pgr; ?r« ~:^Bm U3EBMiiJ&i££' «sc»_ |s tf #|j4Rf L Pv^ You never actually own a Patek Philippe. \J^\j£^r />/'H xS/M/. Jm %s^l You
      115 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon S'pore, Beijing to jointly develop eco-city in China
      472 2  -  Premier Wen keen to develop Suzhou Industrial Park further: SM Goh By NANDE KHIN in Beijing SINGAPORE may take its water management and environment technology to China to jointly develop a Chinese eco-city. And cooperation on the flagship joint venture between the
      DENNIS THONG/LIANHE ZAOBAO  -  472 words
    • Article
      Lock icon RBS-led group unveils 72b euro rival bid
      665 2 TAKEOVER OF ABN AMRO It plans to split up Dutch bank among its 3 partners Reuters AP [LONDON] A trio of banks led by Royal Bank of Scotland has proposed a 72 billion euro (Ssl49 billion) bid for Dutch bank ABN Amro, threatening
      Reuters; AP  -  665 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      768 2 Union rejects SIA's surprise sweetened salary offer SINGAPORE Airlines yesterday sprang a surprise with an increased pay offer for pilots of its new A380 super-jumbo aircraft—an offer immediately rejected by the pilots' association as being insufficient. SIA's divisional vice-president for industrial relations, Loh Oun Hean, said the airline
      768 words
    • Article
      Lock icon MARKETS DIGEST
      137 3 STI 3,362.68 (-11.84) ST INDEX FUTURES 3,351.00 (-7.00) SIMSCI 414.21 (-1.82) SIMSCI FUTURES 414.00 (+1.50) MARKETS Wednesday Change KLCOMP 1,315.97 -1.53 NIKKEI 225 17,236.16 -215.61 HANG SENG 20,536.78 -36.02 SET INDEX 690.30 +4.82 JAKARTA COMP 1,986.67 +5.10 MANILA COMP 3,309.43 +17.50 SEOUL£OMP 1,545.55 -11.K SHENZHEN B 576.34 -0,19
      137 words
    • Article, Illustration
      Lock icon Union rejects SIA's surprise of a sweetened salary offer
      944 3  -  HEARING ON A380 PILOTS' PAY It declines to make counter-offer, saying it just wants a court ruling By VEN SREENIVASAN [SINGAPORE] Singapore Airlines yesterday sprang a surprise with an increased pay offer for pilots of its new A3BO super-jumbo aircraft an
      944 words
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      50 2 j ckiTQvl ay 10a*" 7pm Hall 402 403 I FREE EN 1 and Exhibition Centre I EXPO PROPERTY STOCKS FUNDS ALTERNATIVE IHVgBTMEt?^^^^ Vsoia Partners. Sponsor: fefeHj PROPER 36 tProperty goweatihy-cem gQ2E23 D CIMB fiß T H* Fry Group HHPI W» On* Sponm MniSpmor MHMtoMINMp9*%MMar: O^nv: ob EB3BBB aubMedt' (pjt HmKil¥'^w
      50 words
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      23 2 S'pore keen to help Chinese state-owned firms go global PAGE 9 people Giv a Y-r f Call us. wvm.thep«_'Oplentwcji'k com Asu-Pac'ific executive Search
      23 words
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      93 3 ot7~ Our qualified professionals J can assist you with offshore r structures, shelf companies ■WELM and incorporations in ALL jurisdictions including: British Virgin Islands Cayman Islands Bahamas Mauritius Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets protection
      93 words
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      235 3 Chevron H CHEVRON HOUSE Lj Jl 1 f" Aviation and Shipping j gjp Cattex Lubricants j gf Caltex Singapore Retail j Commercial and Asphalt j Gas and New Power Generation j j Human Resources and Administration j Refining m u— j Supply and Trading J m I 11 M Caltex
      235 words
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      125 4 The Lifefitness Sale tNew Lifefitness F3 oldable Treadmill Heart rate monitoring 1 3 customizable incline Emergency stop with safety m Flexdeck Shock absorption system Lifefitness R3.5 Recumbent High Quality State-Of-The-Art USA PfOdUCt! /Ml Lifefitness W*' T7 Treadmill Price from 1 Key Features: $2299-$6899 W A Adjustable Flexdeck 4r 1 Shock
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      99 4 Erf fTygTTli J Fii Bl r< jl| Ml 11 Ml »■>» 1 >C j.. >4f I* «p$ ill sm'S'"»^-; of booking or by 23rd May 2007 whichever is earlier for Economy Class. Travel Period is from 25th April to 30th September 2007. Tickets are non-reroutable, non-endorsable and applicable on TG
      99 words
  • COMPANY NEWS
    • Article, Illustration
      Lock icon M1's stability may not be sexy enough anymore
      567 4  -  HOCK LOCK SIEW By ROLAND LIM MOBILEONE (Ml) shareholders must have been pleasantly surprised by their company's 10 per cent jump in first-quarter profit, just as it celebrates its 10th anniversary. But much of the profit gloss came from a cut in
      BLOOMBERG  -  567 words
    • Article, Illustration
      Lock icon KepLand Q1 profit up 72% at $62.5m
      492 4  -  First-time booking of earnings from projects helps lift bottom line By KALPANA RASHIWALA CONTRIBUTIONS for the first time from Marina Bay Residences as well as profit booking from other residential developments have helped boost Keppel Land's first-quarter net profit by 71.9 per cent
      492 words
    • Article, Illustration
      Lock icon Q1 distributable income at CCT jumps 90%
      686 5  -  Retail space at Raffles City to be expanded by 12% By KALPANA RASHIWALA CAPITACOMMERCIAL Trust (CCT) yesterday reported a 90 per cent year-on-year jump in Q1 distributable income to $29.2 million as contributions kicked in from its acquisition of Raffles City on Sept
      686 words
    • Article, Illustration
      Lock icon Lian Beng bids for contracts in two IRs
      618 5  -  It also gets 2 jobs worth $96m, lifting projects won over 4 months to $255m By ANGELA TAN CONSTRUCTION and engineering group Lian Beng Croup said yesterday it has submitted tenders to take part in the first building phase of Singapore's multi-billion
      618 words
    • Article
      Lock icon Chemoil plans $80m expansion
      473 7  -  This will add 180,000 cu m to the 448,000 cu m Helios tankfarm under construction By RONNIE LIM WITH continuing strong demand for storage space here from oil traders, listed Chemoil International is planning a further SsBo million tankfarm expansion even before its US$39 million Helios
      473 words
    • Article, Illustration
      Lock icon Shin Corp directors see bright future
      690 7  -  Things cannot get any worse after 2006, says executive chairman By OUR CORRESPONDENT in Bangkok THAI telecom conglomerate Shin Corp yesterday said that it sees a brighter future this year after the troubles it has faced since its takeover by a consortium led by
      BLOOMBERG  -  690 words
    • Article, Illustration
      Lock icon Venture posts 43.3% rise in Q1 net profit
      444 8  -  Jump in profit on 32% rise in turnover for the 3 months to March 31 By OH BOON PING VENTURE Corporation yesterday reported a 43.3 per cent jump in net profit to $70.7 million on a 32 per cent rise in turnover
      444 words
    • Article
      Lock icon China operations still prove a drag for OSIM in Q1
      467 8  -  By VINCENT WEE HEALTHY lifestyle group OSIM seems to have caught a China bug it cannot shake. Yesterday, it reported a first-quarter net loss of $17.3 million from a $430,000 profit previously. Although total sales fell 22 per cent to
      467 words
    • Article
      Lock icon Utac posts 12.8% drop in earnings to $18m for Q1
      346 8  -  By JANICE HENG SEMICONDUCTOR testing firm United Test and Assembly Centre (Utac) yesterday reported a 12.8 per cent fall in earnings for the quarter ended March 31 to US$lB million from US$2O.7 million a year earlier. And this was despite
      346 words
    • Article
      Lock icon COMPANY BRIEFS
      549 8 China Petrotech in Indon E&P rights deal CHINA Petrotech Holdings and an Indonesian partner have signed an agreement with Indonesian national oil company Pertamina for 20-year exploration and production (E&P) rights at a gas field in Kamundan, East Indonesia. China Petrotech said yesterday that it would invest an
      549 words
    • Article
      Lock icon Techfibre placement from shareholder
      198 8 MERIT Asia International, a substantial shareholder in leading China-based producer microfibre and synthetic leather producer Sino Techfibre, yesterday agreed to place out 60 million shares or 6.45 per cent of its holding in Sino Techfibre to local and foreign institutional investors. Merit Asia now has 624
      198 words
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      766 5 I 3£ 8.0% -9.2% 169,679,000CommonUnits __r2 Win l"N fc. subject to the Over-oHotment Option TAX-FREE YIEL Rickmers Maritime is a Singapore business trust formed with the objective of bwning and operating containerships under long-term, fixed-rate charters fo container liner shipping companies. Rickmers Maritime has a contracted asset portfolio of 10
      766 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Hidden gems shine in mixed session
      497 6  -  STOCKS Market shows strong appetite for small-capitalisation stocks such as Rowsley TEH HOOI LING Senior Correspondent SINGAPORE blue chips, like most in the region, finished lower yesterday after slides in US home sales and consumer confidence fuelled concern that demand for exports will cool.
      Source: Bloomberg  -  497 words
    • Article, Illustration
      Lock icon Untitled
      902 6 DAILY SECURITIES TRADING SCOREBOARD MAIN SDQ TOTAL Up Down Undi Up Down Undi Up Down Until Multilnd 8 5 4 0 0 1 8 5 5 Manufacturg 85 78 52 22 14 17 107 92 69 Commerce 27 22 28 7 6 8 34 28 36 Tpt/Stor/Com 14 17 11
      902 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      879 6  -  Compiled by UMA SHANKARI AusGroMP April 25 close: $0.90 MERRILL LYNCH, April 25 INITIATE with a "buy" and a 12month price objective of $1.10: AusGroup provides engineering construction, maintenance and industrial services to the oil and gas and mining sectors in Australasia. We are the first foreign broker
      Source: Bloomberg  -  879 words
    • Article, Illustration
      Lock icon Euro near post-launch highs on weak US data
      526 6  -  CURRENCIES LARRY WEE Senior Correspondent MORE weak US numbers sent the euro up to within a whisker of December 2004's postlaunch high of U551.3661 in Asia yesterday, while the Indian rupee at one stage rallied more than one per cent for a
      Source: Reuters  -  526 words
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      100 7 imb|^^m|^|^K BwgS^L-deME r j. j..;. .i ,f '~■>, ,->•■ .7 *r.*j£'.:.-'-.-.r..:.". v. A landmark HfiVfMl^nfllCit^f"ll'H^ilfc'-^^^^^^rrilr^tiCT^^^ 2 Grand Copthorne A l\ ui a ""y.** <v f***py!t?'-*M^f^^y***fi^^*j^M itivor iMmtNowv uang i% il*£}?^j,lllwa \u> Canning P t>U ft it 10 lf\ptt IIP Hoßday Inn Park Q j y j to"flVoHiOg, Subo s inga
      100 words
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      153 8 <»' «*v», A uppE cosm bi'w mNtvt ■1 CFOs are a flexible and cost-efficient way to trade on Singapore and international shares. (65)*****118 1 Go long or short of shares on margin, putting up a fraction of the full contract value. m Guaranteed market prices, and low commissions 24-hour dealing
      153 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Citibank woos mass affluent customers
      409 9  -  By CONRAD TAN CITIBANK plans to build up its wealth management business here by more than 30 per cent a year over the next few years, said its Singapore retail banking head yesterday. The bank is bringing in new services for its mass affluent customers
      409 words
    • Article
      Lock icon S'pore keen to help Chinese state-owned firms go global
      636 9  -  SM Goh has suggested that JCBC be asked to look into this By NANDE KHIN in Beijing SINGAPORE is keen to help Chinese state-owned enterprises (SOEs) go global and would like to discuss the matter further with China, Senior Minister Goh
      636 words
    • Article
      Lock icon Asian structured credit market set for rapid growth
      489 9  -  Rising wealth, search for higher yields will drive demand: MAS By CONRAD TAN ASIAN markets are expected to see far more locally issued structured credit products, a senior central bank official told a conference on these financial instruments yesterday. Heng Swee Keat,
      489 words
    • Article
      Lock icon Accountants urged to think like bankers
      638 10  -  Improving quality of decision-support is top priority: CFO survey By MATTHEW PHAN ACCOUNTANTS will have to shed their traditional risk aversion and take lessons from bankers and businessmen, if they are to overcome the challenges they face today. In-house finance and accounting departments in
      638 words
    • Article
      Lock icon Anti-piracy ad campaign targets youth
      339 10  -  Only 22% of youth concerned about IP infringement: poll By TETTYANA JASLI HONOUR Intellectual Property (HIP) Alliance, an Intellectual Property Office of Singapore (IPOS) initiative, will launch a new advertising campaign today aimed at young people who are engaging in online piracy. The launch coincides
      339 words
    • Article, Illustration
      Lock icon Lunch fun @ Science Park
      136 10  - Lunch fun Science Park By ARTHUR LEE OVER 500 tenants turned up at the Capricorn, Science Park Two, for its first Lunch Treats Science Park. The buffet spread with its variety of international flavours set the tone for the hour of fun and entertainment that followed. And this included a
      ARTHUR LEE  -  136 words
    • Article
      Lock icon TMS launches travel search engine
      272 10  -  By LIN ZHAOWEI SINGAPORE-registered company Travel Meta Search (TMS) yesterday launched a localised version of its Sprice travel service for Asian markets. Travellers in Singapore, Malaysia, Thailand and Hong Kong can now access it at Sprice. com. sg while the Indian market is served by
      272 words
    • Article
      Lock icon XP Power moves headquarters to S'pore
      249 10  -  By MATTHEW PHAN A LEADING power supply maker yesterday became the first London Stock Exchange-listed firm to move its headquarters to Singapore. XP Power Singapore, which designs converters that connect the energy coming into a device to its components, was known as XP Power
      249 words
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      51 9 11? wiFifi r $> v v i ■K"; ;1P;:«: Born on the race track. Now drive it on the road. m :ry -'vHil^■ -V: t INC? >-'- x I.' *a .<' fi/fr-^*^'- i j"j rm WEARNES iL-kJI AUTOMOTIVE 26 Leng Kee Road Singapore *****4 Tel: 6471 3313 www.R26.sg Specifications may
      51 words
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      253 10 Diners Club Card To apply, can 6*16 A World of Exclusive Privileges Treats Diners Club WttKHKw www.Jiners.com.sg International' It's Mother's Day! Enjoy Y*| w A SALUTE TO OUR SECRETARIES 23 27 April 2007 Salute your secretary with sumptuous feast and 'A Gift of Wellness", which includes a two week membership
      253 words
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      4 10 Wh r f 't '<%;•
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      351 11 fl 1 J!^^ 9 Jl J ■3F I m^M^,Jfm j JF jHp in citigold citibank •ThTatigoldWealth Planner is an analysis of your financial needs and should be considered a guide for you to use in deciding how best to attain your financial goals. It is not intended as a substitute
      351 words
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  • SINGAPORE INTERNATIONAL
    • Article
      Lock icon Singapore proves its iron mettle
      965 12  -  It does not import or export iron ore, yet it is a major hub for the marketing and trading of the raw material, reports CHUANG PECK MING CHUANG PECK MING THAT Singapore has joined the ranks of global iron ore traders was, perhaps, marked by
      965 words
    • Article, Illustration
      Lock icon A trade that requires nerves of steel
      798 12 WHILE Singapore serves as a profitable hub for Regency Steel Asia, its being here also poses the biggest challenge to the steel distributor. "Singapore is a very competitive market due to the government's open market policy," says Gui Boon Sui, the company's chairman.
      798 words
    • Article, Illustration
      Lock icon Why Stemcor stayed put instead of moving to China
      616 12 STEEL trader Stemcor could have been tempted to shift its regional trading centre from Singapore to China, because much of its business is done there, says Gerry Craggs, the company's managing director in South-east Asia. But Singapore is still Stemcor's natural
      616 words
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      82 12 i> i lantiiiw Efl^l^riilibe^ Virtue |t (untiesfflfy convention v.enue, **$ijf > a special rateo# Ssl2o WS^M|frmito)|ffl^BS&>^l9Fvfl^Hl^^^^^^^^^^^^^^^^*^ t onftne as a Business Times reader. v «T .'^.~~'i* ->,A*v- %»j, v ■_> <i* '-^.v-'.- '^'~™l^ M^ W pwnuupi/ icyoi aiiu wa^mvii 2007wWbegtwtntotachparticipant investing frt Indonesia, T |T mf t r^f r r^,
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      6 12 13 sssr- The Business times VNGAPOW
      6 words
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  • ECONOMY WATCH
    • Article
      Lock icon Intelligence not linked to wealth: US study
      221 13 AFP [WASHINGTON] Intelligence has nothing to do with wealth, according to a US study published on Tuesday which found that people with below average intelligence were just as wealthy as those with higher IQ scores. "People don't become rich because they are smart,"
      AFP  -  221 words
    • Article, Illustration
      Lock icon Japan's March trade surplus hits record high
      537 13  -  Weak yen, record exports help surplus soar 74% to 1.63 trillion yen By ANTHONY ROWLEY in Tokyo JAPAN'S trade surplus soared by 74 per cent to a record 1.63 trillion yen (5520.76 billion) in March compared with its level a year earlier, underscoring
      BLOOMBERG FILE PHOTO  -  537 words
    • Article
      Lock icon Calpers CIO predicts higher commodity prices
      224 13 Bloomberg [LOS ANGELES] The price of commodities will rise over the next two decades as demand soars, says Russell Read, the chief investment officer (CIO) of the California Public Employees' Retirement System (Calpers), the largest US public pension fund. Mr Read, who oversees Calpers'
      Bloomberg  -  224 words
    • Article
      Lock icon Korea posts 0.9% Q1 growth on exports, spending
      464 13 Currency rises close to a three-month high Bloomberg [SEOUL] South Korea's economy grew 0.9 per cent in the first quarter, extending the longest expansion in a decade, buoyed by rising exports and consumer spending. The growth rate in Asia's third-largest economy was
      Bloomberg  -  464 words
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      126 13 H Lose yourself to the drive without losing your direction. It's command in a new light. The new generation E-Class has arrived. With COMAND APS. Finding directions from point Ato point system. The advanced DVD with map on-board 7G-TRONIC 7-speed automatic transmission, the Bis as effortless as driving the new
      126 words
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      279 14 I 1 nHn Thank you for your support. fIH i Ifl^^H v •4. >' v -'X* N :.>•' J. ■<'.'.• i Soilbuild Presents Aew PeMs &J- JLuamtuHlS I^a>utJ Having been completely sold, the One Tree Hill Resideryie is N now an exquisitely fashioned form of art, only to be admired
      279 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon HK bank to buy 25% stake in Affin Hldgs
      479 15  -  Price not finalised, but Bank of East Asia could pay HK$1.86 billion By S JAYASANKARAN in Kuala Lumpur HONG KONG-listed Bank of East Asia (BEA) could pay as much as HK$l.B6 billion (*****.7 million) for 25 per cent of Affin Holdings
      BLOOMBERG  -  479 words
    • Article
      Lock icon OCBC opens facility at 5 petrol stations
      430 15  -  By PAULINE NG in Kuala Lumpur OCBC Bank Malaysia has introduced its first offsite physical banking facility an "Easi Check Drop" at five selected Petronas service stations in the Klang Valley. While not as attractive as having an offsite ATM or automated teller
      430 words
    • BRIEFLY ASIA
      • Article
        Lock icon Wang, not Li, most popular surname
        155 15 AP [BEIJING] A new study has debunked the notion that Li is China's most popular surname, state media said on Tuesday. A 2006 survey 0f296 million people in 1,110 counties and cities by the Chinese Academy of Sciences found that Li leads the ranks
        AP  -  155 words
      • Article
        Lock icon Acer's full-year profit jumps 20%
        78 15 AFP [TAIPEI] Taiwan's Acer Inc. the world's third-largest personal computer vendor, said yesterday its net profit in 2006 rose 20 per cent to NT510.22 billion (*****.5 million) due to strong demand. Sales were also up 16 per cent to NT5238.20 billion from the previous year.
        AFP  -  78 words
      • Article
        Lock icon Bursa's Q1 profit triples to RM70m
        116 15 Reuters [KUALA LUMPUR] Malaysia's stock exchange operator. Bursa Malaysia Bhd, said yesterday its first-quarter profit tripled from a year earlier, boosted by a buoyant share market trading. Bursa said it posted a net profit of RM70.15 million (Ss3l million) for the three months ended
        Reuters  -  116 words
      • Article
        Lock icon ICBC reports 51.6% rise in Q1 profit
        77 15 Reuters [HONG KONG] China's top lender, Industrial and Commercial Bank of China Ltd (ICBC), yesterday said its first-quarter after-tax profit rose 51.6 per cent on higher interest margins and fee income. ICBC also said its non-performing loan ratio shrank during the quarter to
        Reuters  -  77 words
      • Article
        Lock icon Newmont may raise Indon investment
        78 15 AP [MANADO, Indonesia] Newmont Mining Corp said yesterday it was considering expanding its investment in Indonesia following the acquittal of a US executive accused of dumping dangerous levels of toxins into a bay on Sulawesi island, sickening villagers. But analysts say they do not expect
        AP  -  78 words
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      35 15 14 l o.s v /j VgaF°* VOX NOSTTRA Listen to our voices at www.dpa.org.sg M A 1 The move towards a truly global city calls out for universal and inclusive design in buildings and facilities.
      35 words
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  • INDIA
    • Article
      Lock icon Reliance Retail enters durables business
      274 16 The Economic Times [NEW DELHI] Reliance Retail announced its entry into consumer durable retailing on Tuesday, launching Reliance Digital which will initially sell over 150 international and domestic consumer durable brands. In the next couple of quarters, the company intends to get into private labels,
      The Economic Times  -  274 words
    • Article, Illustration
      Lock icon Rising rupee won't curb inflation
      622 16 Nine-year highs may fuel demand instead, says Indian central bank governor Reuters, Bloomberg [MUMBAI] Indian central bank governor Yaga Venugopal Reddy yesterday said that the rupee's rise to nine-year highs would not necessarily bring down inflation and may instead fuel demand. Mr Reddy said measures
      Reuters,; Bloomberg; BLOOMBERG  -  622 words
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      1169 16 MlM.MlLand Keppel Land Limited Co Reg No: *****0001G (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE QUARTER ENDED 31 MARCH 2007 3. PROSPECTS The Directors of Keppel Land Limited announce the following unaudited results of the Group for the quarter Singapore ended 31 March 2007: The Singapore
      1,169 words
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  • GREATER CHINA
    • Article
      Lock icon HK estate duty abolition appears to boost funds
      384 17  -  Mutual fund sales there jumped 72 per cent to US$24.3b last year By JANE MOIR in Hong Kong THE abolition of estate duty in Hong Kong seems to have given the city's asset management business a massive shot in the arm, with
      384 words
    • Article
      Lock icon BURSA MALAYSIA
      2487 17 VOl Apr 25 KM *1- C000) A&M Realty 2.49 -0.07 406 AbricBhd 034 0.01 204 Acp Industries .2.17 -0.09 637 Advance Synergy 0.36 unch 2232 Adventa Bhd 1.35 -0.04 1934 Ae Multi Hldgs 0.35 0.02 78 Affin Holdings 2.53 0.08 5423 Ahmad ZakiResou 2.86 0.03 34 AicCorp 0.60
      2,487 words
    • Article
      Lock icon Chunghwa Telecom plans to return cash
      156 17 Reuters [TAIPEI] Chunghwa Telecom, Taiwan's largest telecom carrier, said yesterday that it plans to return NT59.67 billion (Ss44o million) of cash to its shareholders after its board approves the move. The company also plans to issue a cash dividend of NT$3.5B per share and
      Reuters  -  156 words
    • Article
      Lock icon Taiwan's central bank probes manipulation by bond traders
      400 17 Yields failed to keep pace with rate increases Bloomberg [TAIPEI] Taiwan's central bank started an investigation into suspected price manipulation by bond trading companies, causing the biggest drop in 10-year debt in a year. The Central Bank of the Republic of China
      Bloomberg  -  400 words
    • Article, Illustration
      Lock icon A GLASS ACT
      67 17 [HONG KONG] Japanese musicians performing with a glass violin and a glass cello during an exhibition in Hong Kong. A Japanese glass company held its first demonstration outside the country to show the world's first series of glass string instruments comprising the violin, viola and cello. The
      REUTERS  -  67 words
    • Article
      Lock icon China drafts rules for domestic listing of red chip firms
      316 17 Reuters [SHANGHAI/HONG KONG] China's securities regulators are drafting rules to let Chinese firms incorporated abroad float shares domestically as early as the second half of this year, state media said on Tuesday. "Red chip" firms incorporated and listed in Hong
      Reuters  -  316 words
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      73 17 Scaling New Heights with The World's Finest Commodities f Phillip Futures provides a variety of commodity futures Metals to Agricultures. As one For more details, visit www.phillipfutures.com.sg or SMS PFPL<space>Name<space>Age<space>Enquiry to ******. 'Powered by Macro Kiosk Pte Ltd Brought to you by Phillip Futures Pte Ltd (A member of PhillipCapital)
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  • MIDDLE EAST
    • Article, Illustration
      Lock icon Major powers may modify demands on Iran
      535 18 They may redefine uranium enrichment to sidestep the deadlock over it AP [ANKARA] Major powers, including the US, may for the first time be ready to modify demands that Teheran completely dismantle a nuclear programme that could produce the fissile material for nuclear
      AP  -  535 words
    • Article
      Lock icon Oil products will outpace crude trading: Lukoil
      312 18 Bloom berg [MOSCOW] New refinery projects in the Middle East and Asia may make the oil product market larger than crude oil trading as early as 2015, Russia's largest crude refiner Lukoil says. "Colossal capacity" is being built, with combined throughput of about
      Bloom berg  -  312 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      2568 18 UNIT TRUSTS FUNDS ABAirwInccmeBUSD *77/ DWSGttalAgrttKA2SGD tow* FidHnyWiMBNOMuSO I301f CtMEiaoEqMA 713 e» US**»«G«(»1W0A I0«ft> XXSK l a nT '"SS M' J I.F 1 l.t't-1 —=-M A8 Am Inam A EUR 643/ CNKGUulAqrUXCHM I197SMI KM* USD GMMSO *SI» <**«VHI«MA l» Of irtH*»»Gr! WSGDF WwWrttondM— J ,JK2 AS Ajrwr Income 8 EUR
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      69 18 mi Miniii liinii umi iimi imi—ri mmmmmmmmmwmmmmm—rMiMWtin—imumhotw—mmhmi—MiwrifwiwrMMiMiMiMiMlMtiiMMMMMMMM—MßM——l——lMWMß—— FOR US, IT'S THE SILVERWARE IN >|«g. YOUR POCKET THAT MATTERS MOST. j j i IK A$ a winner of the Standard Poor's 2007 Singapore Fund Awards, we are naturally MjflW| delighted. But not surprised. We're renowned for producing consistent returns for our
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Toyota passes General Motors as world's largest carmaker
      563 19 NYT [DETROIT] A quarter century ago, people in this city not only bashed the surging Japanese car companies with words, they also vented their frustration by swinging sledgehammers at Japanese cars, a way for some to raise money for charity (three swings
      NYT; AFP  -  563 words
    • Article
      Lock icon SEC may allow international accounting rules
      293 19 Plan to give US and foreign firms choice between local, foreign standards Bloomberg. Reuters [NEW YORK] The Securities and Exchange Commission (SEC) may let US companies use international accounting rules for reporting financial data whether or not they list overseas. The commission said on
      Bloomberg.; Reuters  -  293 words
    • Article, Illustration
      Lock icon Apple's Jobs aware of stock options backdating: ex-CFO
      539 19 AFP. Bloomberg [SAN FRANCISCO] Apple's iconic chief executive Steve Jobs is being dragged towards the heart of a stock options backdating scandal with potentially industry-changing implications, according to analysts. A former Apple executive who settled charges linked to stock options fraud said
      AFP.; Bloomberg  -  539 words
    • WORLD WATCH
      • Article
        Lock icon Boeing profit up 28% to US$877m in Q1
        84 19 AFP [CHICAGO] US aviation giant Boeing Co said yesterday first-quarter profits lifted 28 per cent from a year ago to US$B77 million as new aircraft orders took off. The profit for the January-March quarter amounted to US$l.l3 per share, well ahead of
        AFP  -  84 words
      • Article
        Lock icon Amazon's Q1 profit more than doubles
        67 19 AP [SEATTLE] Web retailer Amazon.com said on Tuesday its first-quarter profit more than doubled, sending shares sharply higher in after-hours trading. Quarterly earnings rose to US$ 111 million or 26 cents per share from US$5l million or 12 cents per share, during the same
        AP  -  67 words
      • Article
        Lock icon STMicro's profit falls 44% to US$74m in Q1
        74 19 AP [GENEVA] Swiss chip maker STMicroelectronics said on Tuesday its first-quarter profit fell 44 per cent from the year-ago period on deteriorating prices and declining revenue. Net income for the quarter was US$74 million or eight cents per share, down from US$l32
        AP  -  74 words
      • Article
        Lock icon Bidding for two Thai transit projects in Aug
        76 19 Bloomberg [BANGKOK] Thailand will open bidding for two mass transit projects valued at a combined 33 billion baht (S$ 1.5 billion) in August, Deputy Prime Minister Kosit Panpiemras said on Tuesday. The two projects will link downtown Bangkok with its suburbs. Bidding
        Bloomberg  -  76 words
      • Article
        Lock icon S Korea to set up 1t won investment fund
        81 19 Reuters [SEOUL] South Korea aims to raise about one trillion won (551.63 billion) in a fund this year to buy ailing companies and bad loans, and invest in economic development projects across Asia, the finance ministry said yesterday. The state-run Korea
        Reuters  -  81 words
    • Article
      Lock icon Durable goods orders post strong gain
      356 19 LATEST US DATA Reuters, AP [WASHINGTON] New orders for costly and longlasting US-made goods rose a surprisingly strong 3.4 per cent in March, according to a government report yesterday that showed businesses investing to expand operations. The pickup in March durable goods orders followed
      Reuters,; AP  -  356 words
    • Article
      Lock icon Morgan Stanley settles sex bias lawsuit for US$46m
      252 19 Reuters [NEW YORK] Morgan Stanley will pay US$46 million to settle a class-action lawsuit that accused it of paying thousands of female brokers and trainees less than it paid men. The case was filed last June by six former female brokers on
      Reuters  -  252 words
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  • AVIATION
    • Article
      Lock icon EU govts pressed to share cost of security
      315 20 Parliament seeks to cut cost of fighting terrorism for carriers, travellers Bloomberg [STRASBOURG, France] The European Parliament renewed a demand for national governments to help pay for airline security, seeking to reduce the cost for carriers and travellers of fighting terrorism. The
      Bloomberg  -  315 words
    • Article, Illustration
      Lock icon FROM DREAM TO DREAM
      95 20 [EVERETT, Washington] A Boeing 747 Dreamlifter, carrying the first major assembly for the Boeing 787 Dreamliner, being opened after its arrival here from Italy on Tuesday. The Dreamlifter, whose tail is designed to swing open for huge payload that is unloaded using the largest cargo loader
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    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2347 20 CITY FUCHT ETA FUGHT ETP Aim Dhabi SQ455 1230 SQ456 1300 Adelaide LH9771 1750 AF8088 2230 SQ268 1750 BA7382 2230 AF8087 1820 QF82 2230 BA7381 1820 LH9770 2345 Of81 1820 SQ269 2345 Ah—Jjfcnd SQ530 1930 Amsterdam L***** 0630 AZ3993 2245 SQ323 0630 KL838 2245 A***** 1555
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      Lock icon KL to limit liquids carried by flight passengers
      258 20 Xinhua [KUALA LUMPUR] Malaysia will enforce a limit on the amount of liquid that airline passengers could carry when they depart from the country, beginning next month, according to local media on Tuesday. Liquids, aerosols or gels (LAGs) in airline passengers' hand
      Xinhua  -  258 words
    • Article
      Lock icon MAS unit to take over rural routes
      237 20 AP [KUALA LUMPUR] Malaysia Airlines' newly established no-frills carrier. Firefly, will take over rural air services in eastern Sabah and Sarawak states, national news agency Bernama said yesterday. The Cabinet has agreed to a proposal by current operator, Fly Asian Xpress, or FAX,
      AP  -  237 words
    • Article
      Lock icon Virgin Atlantic orders 15 Dreamliners
      556 20 Bloomberg [LONDON] Virgin Atlantic Airways, the UK airline controlled by billionaire Richard Branson, ordered 15 Boeing Co 787-9 Dreamliners valued at US$2.B billion at list prices in a blow to Airbus SAS's competing plane. The planes, to be delivered starting in 2011, will help Virgin
      Bloomberg  -  556 words
    • Article
      Lock icon China Southern's Q1 loss narrows 69% to 188m yuan
      358 20 Bloomberg [HONGKONG] China Southern Airlines Co, the country's biggest carrier, said its first-quarter loss narrowed 69 per cent because of lower fuel costs and higher surcharges. The carrier posted a loss of 188 million yuan (5536.8 million), or 0.04 yuan a
      Bloomberg  -  358 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      204 20 CRYPTIC CROSSWORD 7 Country history's unwritten 9 A fellow lives with handsome LmJ—-Lm|— —lmJ——lmJ—-—LmJ—Lm| LaJ 10 Limitation in some pronunciation initially (4) Cooking dinner, I get part of LhT U HfHHIJ Guilty guy holding "Posh" reSlough's after publicity for re20 Menace from Teheran, fool--23 Disobey or can't even change DOWN
      204 words
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  • SHIPPING
    • Article
      Lock icon EU Parliament okays tough maritime rules
      707 21 Bloomberg [BRUSSELS] The European Parliament approved stricter maritime controls that may ban 200 ships from using Europe's ports to limit the risk of accidents such as the sinking of an oil tanker off the Spanish coast five years ago. The European Union (EU) assembly
      Bloomberg  -  707 words
    • Article
      Lock icon China yard to double sales by 2010
      170 21 Bloomberg [SHANGHAI] China State Shipbuilding Corp, the nation's largest shipbuilding group by capacity, plans to more than double annual sales to 100 billion yuan (5519.6 billion) by 2010, director Kao Yousheng said yesterday in Shanghai. China State Shipbuilding had sales of 40 billion
      Bloomberg  -  170 words
    • Article
      Lock icon Sea freight costs for dry raw materials near record
      282 21 Reuters [LONDON] Global freight costs for dry commodities surged on Tuesday with rates close to breaking records, as ships waiting to load minerals to power China's roaring economy snaked back from Australian ports. Back in 2004, when rates smashed records on
      Reuters  -  282 words
    • Article, Illustration
      Lock icon Nigeria and Somalia new piracy hot spots
      567 21  -  Incidents are down globally, says IMB but warns against complacency By DONALD URQUHART [SINGAPORE] Although attacks on ships by pirates were generally down during the first three months of this year, the International Maritime Bureau (1MB) has warned that there is an increasing
      AP  -  567 words
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      171 21 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SING-INDO DEVELOPMENT PTE LTD COMPANY REG. NO: 1993-*****-C (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before the 17th May
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      50 21 RIMOWA Sale Now On the LUGGAGE shop #01-78 Millenia Walk Tel: 6837 0340 Business Hours: 10.30 am 9.30pm #03-42 Meritus Mandarin Hotel Shopping Gallery 333 Orchard Road Tel: 6235 4002 Business Hours: 10.30 am 7.00pm the Luggase shop is managed by The Pinnacle Distributors Pte Ltd Res No.: *****1601 M
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      505 21 Craft your own success formula with valuable lessons from internationally-renowned speakers "rt»e Art of Creating Happiness A high-energy interactive presentation tVoring 01A tHe best in you through positive psychology In all aspects of your career. 1 Speaker; SHELLEY SYKES is a Happiness Expert specialising in positive psychology. She is also
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  • EDITORIAL & OPINION
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      Lock icon Wall St soothes US$ worries – up to now
      539 22 Wall St soothes US$ worries up to now EDITORIAL TUESDAY evening brought yet more bad news for the US economy. Existing home sales in March fell more than 8 per cent, the largest fall in almost two decades, further fuelling concerns about an already softer-looking US housing market. US consumer
      539 words
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      Lock icon Uneventful US economic times: boon or bane?
      1020 22  -  Anything is possible despite the dullness on Wall Street and Main Street, and calm waves are sometimes the lull before the storm PAUL SAMUELSON DAY-TO-DAY moves of the American economy recently lack excitement. Such dullness is not necessarily bad news. In many ancient
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    • Article, Illustration
      Lock icon Nations with huge reserves should be spending
      829 22  -  THE BOTTOM LINE ANTHONY ROWLEY Tokyo Correspondent MORE and more countries first China and now Japan are anxious to emulate the example of Singapore in establishing a government investment arm (like Temasek) to manage their foreign exchange reserves. This is flattering for Singapore
      829 words
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      Lock icon US market not as crucial to China
      1584 23  -  Chinese companies are poised to expand into the markets of many of the world's rapidly growing economies By KEITH BRADSHER NYT AT booth after booth at China's main trade fair recently, the refrain from Chinese business executives is the same: The American market
      NYT; BLOOMBERG  -  1,584 words
    • Article, Illustration
      Lock icon Five reasons the pound still has some life left in it
      720 23  -  MATTHEW LYNN Bloomberg YOU need to be at least 40 to remember when the pound regularly traded at more than US$2. It broke through that point last week for the first time since the UK was thrown out of
      Bloomberg  -  720 words
    • Article
      Lock icon Be fairer to debtors by modifying planned DRS
      673 23  -  LETTER TO THE EDITOR Leong Sze Hian I REFER to the article "Public feedback sought on debt repayment scheme" (BT, April 23). Arguably, the worst thing about being a bankrupt is that one is blacklisted for life, even after one is discharged
      673 words
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  • Article
    Lock icon SINGAPORE STOCKS
    10104 24 SGX MAINBOARD Transaction date: Apr 25 am Tel Last VM Bay LMtQwMe 0*v GrVM MM MCaa UM T«( Lact Vai Owy IH— H* OHM MM MCa taw Code Cow»>m Sale raoat Law Uiifm Sdhi Cm HI i*m HHfr ln» Coda Cniwpaay erf- (1M| MM L— 9»yer Sa*g Cur
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  • Article
    Lock icon FINANCE & COMMODITIES
    7434 25 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In USS dy S yr dy yr dy Hyr Apr 24 lnd«x Change Change Change Change Change Change World Index Preliminary 1154.3 -0.4 4.9 -0.2 4.8 -0.2 6.2 t EAFE Preliminary 1165.0 -0.6 5.2 6.2 :04 77 Europe
    7,434 words
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      1849 26 UK CONTINENT SERVICE UJA SERVICE Destination Destination YORDAN LUTIBRODSK RDM/ATW/BMN/TLB/NAN AURORA SAPPHIRE CAM/NFK/NOL/SAV Loads Singapore, E./W. Malaysia, Indonesia loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.EJS.E.A. SERVICE Destination Destination VOYAGER V DBI/ABU/DOH/BRN/DMM/KWT STXPO TBN INC/BSN DD MASTER DBI/ABU/DOH/BRN/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES Tramping for
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      Lock icon Page 26 Advertisements Column 2
      408 26 wXv WALLENIUS WILHELMSEN LOGISTICS website: http://www.2wglobal.com VESSEI VOY RAMP WIGHT SIN LK MAO SAV »Al OKI TAUSMAN AF7I4 3201 MM MM 06/0S 30/0S N/M 30/06 16/06 14/06 TOUKOM6 AL7O4 4001 MM 6JM 24/05 23/06 30/06 01/07 URONGA AE7I6 3201 m» 6.25 M 31/05 22/06 01/07 05/07 10/07 0»/07 Nmr Y«fc
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  • THE BUISNESS TIMES SHIPPING TIMES
    • Article
      Lock icon THE BUISNESS TIMES SHIPPING GUIDE EXPORT
      6006 27 ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Name Number Number > To ABU OHABI (AUH) 2004 U. A. Emirates 07/05 18/05 SCI EMIRATES MARINA 717W *****355 13/05 24/05 SCI TS DUBAI TBA *****355 To ADELAIDE (ADL) 2007 Australia 06/05 25/05 China Shpg
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      1354 27 WAN HAI INTERNATIONAL PTE LTD a N0t**********0/1 VTrr\ mmmmmm T1L*****588 (14 LINES) FAX:*****163 \\\M\ WAN HAI I INFS Cwt«»erServke/lootagsHractUm-(1800)*****200 V V VVflll llftl hllVLl# nam;(O3)3344JWFU:(031J*****MF81HL(04)*****00HUt(04)2?*»W V MMMMMMMmMmMNmWWMi www wankai com to «TIH:(021) S2S4IHFU:|O2I) S2S47<tPUIIH: 71i310/71Ull NUknun www.wnnnßi.mlw.s9 8.HL841) *****0 HUb 0*1) 415W25/4142W w t nc hi «h ik urn ids
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      Lock icon Page 27 Advertisements Column 2
      921 27 IVESStL VDY PKI I SW I KHI I OXB DMM MK KHO IRAN RAAAAfI PCLBI96 29/04 30/04 09/05 12/05 13/05 19/05 21/05 23/05 MAN SATTARI PCLSI97 06/05 07/05 16/05 19/05 20/05 26/05 2S/05 30/05 I KAN TAIATAiAII PCHI9* 11/05 12/05 21/05 24/05 25/05 31/05 02/06 04/06 IVfSStL VOY SIN NHS
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      Lock icon Page 27 Advertisements Column 3
      670 27 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS <tssn tor aw I nunc coiomio sheta coiomio w ma ma pw v>w maaitia oww 01 may 07may osmay twwr iimay mmmut twot; mmat wmay i?may it may tomay AiSO ACOPTMG KllO COO* TUTKOMN (CM (VIA COIOMn)
      670 words
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  • BizIT
    • Article, Illustration
      Lock icon Regional semicon spending to grow 10%
      569 29  -  SEA will be a larger market than either Europe or China in '07, reports ROLAND LIM ROLAND LIM THE South-east Asia region is expected to increase spending on semiconductor equipment and materials by 10 per cent to US$9.5 billion this year, according to semiconductor
      Source: SEM  -  569 words
    • Article
      Lock icon Yahoo, Gracenote launch lyrics service
      413 29 Gracenote is also talking with other music partners Reuters [LOS ANGELES] Yahoo Inc and digital media company Gracenote launched an online lyrics service on Tuesday, the first industry-back-ed effort in a market dominated by unauthorised, rogue websites. Song lyrics are among the top searches performed
      Reuters  -  413 words
    • Article
      Lock icon LG wants to reach out and touch consumers
      170 29 AFP [SEOUL] A South Korean firm said on Tuesday it is developing a mobile phone which allows users to feel broadcasts as well as seeing and hearing them. "We have developed new mobile phone technology which adds the sense of touch to
      AFP  -  170 words
    • Article, Illustration
      Lock icon Yahoo to debut new advertising platform
      688 30  -  It claims to be able to better match a user's search queries against ads By WINSTON CHAI INTERNET giant Yahoo will soon launch a new advertising system across the region in an attempt to narrow the gap with Google in search advertising sales. Dubbed
      688 words
    • Article
      Lock icon Intel to offer subsidised Google advertising
      360 29 Bloomberg [SAN FRANCISCO] Intel Corp and Google Inc are working together to make it easier for chip resellers and computer makers to buy online advertising. Intel will introduce a website next week that lets its customers buy text links and graphical ads through Google
      Bloomberg  -  360 words
    • Article
      Lock icon Why corporate transparency matters
      878 31  -  <you say> Transparent companies are better able to reap the benefits of harnessing market forces By SUGANTHI SHIVKUMAR IMAGINE this: everyone within a corporate environment being able to access information they need from their computers; and information, moreover, that has not been adulterated, so that they
      878 words
    • Article, Illustration
      Lock icon BenQ to refocus on contract work
      311 31 Reuters [TAIPEI] Taiwan computing devices maker BenQ Corp slammed its strategy into reverse yesterday, setting aside its struggling BenQ brand to refocus on making parts for the world's big computer makers. Announcing its sixth straight quarterly loss, BenQ said it would rename itself Jia
      Reuters; AP  -  311 words
  • Page 29 Advertisements
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      Lock icon Page 29 Advertisements Column 1
      349 29 YOU SAY Why corporate transparency matters. PG 31 W^ia^WHP Z,^Wk:-10§ imagine success and performance packaged into /MspW 3|H our printing solutions 1 I§B Power-packed with many options for success. Industry-changing innovations, fggJH J fast speed printing, enhanced solutions and brilliant award-winning designs clp-300 ml-455i'nd all these come together to offer
      349 words
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  • Page 30 Advertisements
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      1 30 CommScope
      1 words
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      Lock icon Page 30 Advertisements Column 2
      29 30 N< Mm M£s|a*fcW«*l&ffM. fcikMlfi* "fc" ffeAßr "**i*> 8 £#**!<* a«iwi? #ajb ffims. a^i§**a*ffera*!*«i«&m*ntt Ids M*£a&£fH9dttft£lfc. *¥ftJHriß«mMffiiK&m& ffifiWS*S±JS»E£sfc± SQL View Re Ltd &*#ECsfc± **•*4s# W4S: www.«ccci.org.«o ttKftftfttt/Wft* %i£: 6337 8381 wnieoiiHtouwlflUJß
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      530 31 gtf B^bR 18 f (J m_ VM%VI» (krr!Ml=T(=L CRYSTAL CLEAR TICHHOLOQY 1 Vh# I 9 I Vaai Wa» rVKMSWIDIN The speaker on your standard telephone is not made for quality conference calls. Konftel Conference Systems are. To experience full duplex, 360° audio pick-up, call for an obligation-free demo. Connect cordlessly
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  • PROPERTY
    • Article
      Lock icon India property boom could end in tears: US tycoon
      463 32 Few can afford homes being built, he warns Reuters [MUMBAI] "The grave dancer", US tycoon Samuel Zell, was in a mood to spoil a two-year-long party when he told a gathering of Indian property executives this week they were "on the
      Reuters  -  463 words
    • Article, Illustration
      Lock icon US resale property deals down 8.4% in March
      595 33 Winter weather, tighter lending standards speed drop: economists NYT [NEW YORK] A rebound in residential real estate remains elusive. After two months of stronger sales and some tentative suggestions that the housing market was stabilising, sales last month of previously owned homes
      NYT; REUTERS  -  595 words
    • Article
      Lock icon China plans heavier fines for illegal developments
      280 34 Builders without permits to be fined 5-10% of the project's budget AFP [BEIJING] China plans new heavier fines for illegal developments as it seeks to better control a property sector beset by land dis- putes and unbridled investment, state media said yesterday. Developments
      AFP  -  280 words
    • Article
      Lock icon Far East to build hotel in Chengdu
      144 34 Bloomberg [HONG KONG] Far East Consortium International Ltd, a Hong Kong-based real estate developer, said it will buy land for a hotel in Chengdu in south-western China's Sichuan province for 279 million yuan (5554.7 million). The company will buy the 5,739 sq m
      Bloomberg  -  144 words
    • Article, Illustration
      Lock icon Elizabeth Heights going for record $2,100 psf ppr
      496 35  -  Asking price beats that of Grangeford Apartments, set earlier this week By UMA SHANKARI ASKING prices for land in the prime districts continued their dizzying climb, as Elizabeth Heights, a freehold development in the Cairnhill area, was released for sale yesterday with
      496 words
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      Lock icon Househunt PROPERTY TRANSACTIONS LODGED BETWEEN APRIL 17 AND 24,2007
      1567 35 Property PROJECT NAME/ PROP CONTRACT TENURE BUIIJ-INAREA PRICE PSf STREET NAME TYPE DATE (SQ FT) (S$'QOO) (S$) District 1 NON-IANDED Emerald Gdn Apt 04/04/2007 999 990 1100 1111 Emerald Gdn Apt 02/04/2007 999 1066 1150 1079 The Sail ©Marina Bay Apt
      1,567 words
    • Article
      Lock icon 75-storey twin towers to be tallest in Vietnam
      241 36 AP [HANOI] Workers began constructing two 75-floor towers yesterday that will transform the Hanoi skyline, part of a massive US$2.7 billion real estate development project. The twin towers would be by far the largest buildings in Vietnam, where the tallest structure is
      AP  -  241 words
    • Article
      Lock icon URA offers fresh hotel site on reserve list
      479 36  -  Site at junction of Victoria St and Jln Sultan can be developed into 400-450 room hotel By ARTHUR SIM THE Urban Redevelopment Authority has put another hotel development site on the Government Land Sales reserve list. The move comes on the back
      479 words
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      293 33 P 1 Homes vjrandeur by PropNe* Group Beautiful Land 15,000 sqft PR Choice Azure I,76ssqft near beach Cluny 15,000 sqft PR Choice Caimhill Res I ,3sssqft must buy Cornwall 15,000 sqft PR Choice Caribbean I,636sqft high/seaview Bishopgate 15,000 sqft PR Choice Condos 9 Nassim 1,300-4,000 sqft Ridout 17,000 sqft Value
      293 words
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      21 33 6-storey commercial building Within walking distance to Bugis MRT station Freehold Land Area: 4,900 sq ft Built-up Area: 23,300 sq ft
      21 words
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      Lock icon Page 33 Advertisements Column 3
      270 33 Prime Residential Redevelopment Site at Dist 09 For Sale by Expression of Interest ScomSqu>fT Rivershire at Leonie Hill ■m* .Freehold nm Land area 5,239.2 sq m (56,394 sq ft) < f MP 2003 "Residential" at > Plot ratio 2.8 i <? Height restriction -upto 36 storeys v f wwnMr.l Within
      270 words
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      234 34 iiiinSrl■■■ ERA I 1 ■m mr p iE I ipPIH ■PMHQjIH I HSs mSI? z x •:< S5 HHlHHBHRJfvirafffln O 2 A«re <SCT I S WKtttttm n Minutes to CBD Orchard Rd O balestier road Walking distance to Toa Payoh ■H i MMMMHWWiWMMM Novena 1 IICVDI/irHMPVPtt 111 ffll EH Easy
      234 words
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      Lock icon Page 34 Advertisements Column 2
      138 34 era; <BB If Master Plan 2003: Commercial I Residential 5 IMlvSlfHeight Residential upto 36 Storey BALESTIER RD uj g 5*3 t° 1 Development Options (subject to relevant U 1* m authoritl approval payment DC) Retail/Commercial cum Residential For further information tender documents, please call: K. L. Teo (9108 2345) I
      138 words
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      Lock icon Page 34 Advertisements Column 3
      4 34 IRkDIO 1'»« fU "I
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      250 35 IliilliiiliH savills nrgg "T SINGLE OWNER. V \l Land Area: 1,505.2 sm (16,201 sf) PALM GROVE avenue %;/2|| •MP 2003 Plot Ratio: 1.4 Tenure: 999 yrs from 2/12/1878 r-"'\ ldea| f° r cluster houses or boutique \K*mAMKr apartment development xlopg iSer elPflpe^Rfle Walk to Kovan MRT station amenities. w lttond><
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      309 36 We are hosting an exclusive Investors Cocktail Reception on Thursday, 10th May at the British High Commissioner's residence, Eden Hall, 28 Nassim Road from 6.30pm You will learn where the property hot spots are right now and how to attract the best tenants. There will also be other companies present
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