The Business Times, 29 January 2008

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Total Pages: 30
1 30 The Business Times
  • 26 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg «P* A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Tuesday, January 29,2008
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  • 728 1  -  YEN SREENIVASAN Investors take cover as US recession fears rise and marketmoving events loom By [SINGAPORE] Investors scurried for cover yesterday amid renewed fears of a global economic slowdown brought about by a US recession and jitters in Japan. There was also caution ahead
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  • MARKETS DIGEST
    • 29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.00 INDONESIA 15.496 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 6.50 CANADA 5.75 SWITZERLAND 4.14 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • 49 1 lorn lay lange KLCOMP 1,380.54 -24.86 NIKKEI 225 13,087.91 -541.25 HANG SENG 24,053.61 -1068.76 SET INDEX 744.36 -15.36 JAKARTA COM P 2,582.05 -38.44 MANILA COMP 3,203.56 -33.85 SEOUL COMP 1,627.19 -65.22 SHENZHEN B 625.60 -31.87 MUMBAI IND 18,152.78 -208.88 11AM EDT Change 12,260.50 +55.36 DOW NASDAQ 2,322.88 +6.68
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    • 40 1 US$ (S$ ier US$) 1.423 (USS/SS per 1.977 2.814 EURO(US$/S$/E) 1.467 2.088 'EN 106.60 74.90 RM 3.247 2.281 HK$ 7.808 5.486 BAHT 33.06 23.22 RUPIAH 9,350 6,569 RENMINBI 7.197 5.056 INDIAN RUPEE 39.47 27.73 1.137 0.798 NZ$ 1.299 0.913
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  • 719 1  -  MICHELLE QUAH Revised offer of $6.50 suggests they're ready for bidding war with Lees By [SINGAPORE] The family of the late Tan Chin Tuan has upped the ante in the contest with OCBC Bank's Lee family for Straits Trading Company. The
    FILE PHOTO  -  719 words
  • Page 1 Advertisements
    • 3 1 8 *****1 *****4
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    • 170 1 A TIMEPIECE WITH MANY ADMIRERS. And so FEW OWNERS. A MONT 9 BLANC MONTBLANC COLLECTION VILLERET 1858 represents a series of truly extra ORDINARY TIMEPIECES THAT REFLECT THE TRADITIONAL ROOTS OF HAUTE HORLOGERIE IN EVERY DETAIL. SWISS WATCHMAKING ARTISTRY AT ITS FINEST IS EMBODIED IN THE MINERVA CALIBRE 16-29 COLUMN-WHEEL
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  • Page 1 Miscellaneous
    • 53 1 SOCGEN SHOCK \J SME SPOTLIGHT PROPERTY BID FOR *IPI Fraud dents French c tfr\' Tips from an online A-Reit buys Acer ROBINSON xm^, pride, capitalism 6ue^ recruitment network Building for $75m Lippo boosts stake 0 f PAGES 22 dnHT«x PAGE 12 PAGE 29 to 29.99% PAGE 2 W^ :-1 I
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  • TOP STORIES
    • 286 2 Reuters [GIRIBANGUN, Indonesia] Former Indonesian president Suharto, whose 32 years in power were marred by graft and rights abuses, was buried near the royal city of Solo in a state funeral with full military honours yesterday. Tens of thousands of people lined the
      – Reuters; AP  -  286 words
    • 402 2  -  CHOW PENN NEE Move can be seen as a bid to protect its stake or as shoring up its stake By [SINGAPORE] Lippo Group has responded to the takeover bid for Robinson from Dubai-based Al-Futtaim Group by boosting its own stake in the
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    • 541 2  -  WEE JUN KAI It is ranked 46 the highest ever by a Singapore business school By [SINGAPORE] Nanyang Business School's Master of Business Administration (MBA) Programme has been ranked 46th in Financial Times' (FT) World Top 100 MBA 2008 the highest that a
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    • THREE-MINUTE DIGEST
      • 70 2 ALTHOUGH 2008 looks like a difficult year for credit markets and investors, the Asian bond market still has bright spots, said Lim Hng Kiang, Minister for Trade and Industry and deputy chairman of the Monetary Authority of Singapore, yesterday. With the
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      • 53 2 SINGAPORE Airlines' subsidiary Singapore Airport Terminal Services yesterday reported a third-quarter net profit of $50.4 million, unchanged from a year ago. Revenue for the three months ended Dec 31, 2007 rose 1.2 per cent to $244.5 million, from $241.6 million a year ago. COMPANY
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      • 90 2 CREATIVE Technology yesterday posted its second consecutive profitable quarter with a net income of US$7.6 million for the second quarter ending Dec 31, 2007. This compared to a net income of US$92.l million for the same quarter last year a figure that
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      • 49 2 A SLEW of projects from various segments residential, hotels, office and industrial/warehouse received provisional permission from Urban Redevelopment Authority in the fourth quarter of last year. But developers are in no hurry to launch their residential projects. SINGAPORE NEWS, PAGE 9
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      • 51 2 THERE is a now a 60 per cent chance that Japan's economy will slide into recession in the first half of this year, and the contraction may even have begun already, according to Goldman Sachs. ECONOMY WATCH, PAGE
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      • 93 2 IN a surprise development, tycoon Vincent Tan Chee Yioun has taken over media company Nexnews in a move that will see a parting of ways between Mr Tan and former partner Tong Kooi Ong amid a splitting of the company's publications between the two
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      • 92 2 ONE of Hong Kong's leading tycoons and former Dow Jones board member, David Li, has reached a tentative agreement with US regulators to settle insider trading allegations, a report said yesterday. Mr Li, who is chairman of Bank of East Asia
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      • 56 2 ASCENDAS Real Estate Investment Trust has bought Acer Building at International Business Park in Jurong East for $75 million or $344 psf of lettable area. A-Reit yesterday also announced its purchase of Sim Siang Choon Building, at the fringe of Changi Business Park,
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    • 594 4  -  LYNETTE KHOO Stronger regional currencies make bonds attractive to foreign investors Reports by [SINGAPORE] Although 2008 looks like a difficult year for credit markets and investors, the Asian bond market still has bright spots. Speaking to some 1,000 delegates from 400
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    • 655 4 US recession could hit emerging markets, it says [SINGAPORE] In the span of just over a week, the Federal Reserve is expected to follow up on its surprise rate cut by slashing another 50 basis points off its
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    • 487 4  -  YEN SREENIVASAN Airport handled 36.7 m passengers, including 3.5 m in December alone By [SINGAPORE] A record 36.7 million passengers passed through the gates of Singapore's multi-award winning Changi Airport last year, with passenger numbers in December 2007 alone hitting a new monthly high
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  • Page 4 Advertisements
    • 681 4 lUtl.l.lJlT&T Keppel Telecommunications Transportation Ltd Co Reg No: *****0115G (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2007 The Directors of Keppel Telecommunications Transportation Ltd advise the following unaudited results of the Group for the year ended 31 December 2007. Group 2007 2006
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  • COMPANY NEWS
    • 376 5  -  CHOW PENN NEE Company expects business volumes in Q4 to remain at current levels By SINGAPORE Airlines' subsidiary Singapore Airport Terminal Services (SATS) yesterday reported a thirdquarter net profit of $50.4 million, unchanged from a year ago. Revenue for the three months ended Dec
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    • 328 5  -  ARTHUR SIM By i HELPED by a significant rise in contributions from associated companies, Keppel Telecommunications and Transportation (Keppel T&T) achieved an 18.8 per cent rise in net profit to $51.45 million for the full year ended Dec 31, 2007. Turnover rose 10.9 per
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    • 754 5  -  CONRAD RAJ TO minority shareholders, there's nothing better than a tussle for control of their shares as it often unlocks value and raises the price of their stock to levels most would otherwise have not seen or dreamt about. So the battle for
      754 words
    • 402 6  -  ONG BOON KIAT Q2 net income is USs7.63m; revenue is U*****.54m, down 19.1% By THE year-end shopping season has been good for Creative Technology. The computer soundcard and MP3 device manufacturer has posted its second consecutive profitable quarter with a net income
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    • 265 6  -  UMA SHANKARI By I THE Ascott Group has secured a contract to manage a 219-unit serviced residence in Shenzhen, China. The property, which will be named Ascott Shenzhen Maillen, is scheduled to open in the second half of 2009. It will be the
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    • 68 6 Full year ended Dec 2007 year en Capitacommercial Trust 120.42 78.87 52.7 236.53 I 152.23 55.4 KeppelT&T 51.45 43.30 18.8 103.12 93.02 10.9 ChinaSports 30.55 14.50 110.8 237.79 135.93 74.9 Inno-Pac 4.66 -1.16 nm 7.17 Jl± Notes: Net Profit refers to profit attributable to equity holders. Trust
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    • 478 6 Reuters [TAIPEI] TSMC, the world's top contract chip maker, is set to post record quarterly profits on growing demand for PCs and consumer gadgets, though rivals UMC and Chartered Semiconductor Manufacturing Ltd will see listless results as some major clients cut orders.
      Reuters; FILE PHOTO  -  478 words
    • 299 7  -  CHEW XIANG The office tower construction deal brings BBR's order book to $517.9 m By BBR Holdings has won a $95.3 million contract from Ascendas (Tuas) to build an office tower at the International Business Park in Jurong East. Piling works begin next month and
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    • 380 7  -  OUR CORRESPONDENT By in Bangkok IN a dramatic move that came as a bolt from the blue to the management of TMB Bank Pic, which is partly owned by Singapore's DBS Group, the chairman of the bank has tendered his resignation, paving the way for
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    • 216 7  -  CHEW XIANG By SINGAPORE Petroleum Company (SPC) has tied up with SPH MediaßoxOffice (MBO) to introduce out-of-home digital advertising at its service stations. This is the first partnership between SPH MBO an outdoor-media advertising company owned by Singapore Press Holdings and a petrol
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    • 281 7  -  CHOW PENN NEE By FINANCIAL market volatility is driving demand for specialist traders in Asia, says a recruitment firm. Traders in equities, equity derivatives and structured products are more sought after as a result of greater price fluctuations and spreads, Matthew Hoyle, co-founder
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    • 296 7 Alantac warns of loss for 2007 ALANTAC Technology has warned of a group net loss for 2007. It said this was the result of substantial one-off expenses arising from the restructuring of the group following new acquisitions, impairment costs from the acquisitions, increase in related administrative as well
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  • Page 5 Advertisements
    • 143 5 SMU MASTERS I^SMU VMVIIS ITIF^W I LIIW $m. SINGAPORE management Want a postgraduate degree that gives you the edge for doing J| Jo*' miM^ism Mm business in Asia? Where you can interact with leading y I *^lf|| m A academics with real-life business experience and business J VIV j leaders
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  • Page 6 Advertisements
    • 1264 6 SAVU INVESTMENTS LTD (Company Registration No *****0062 C) (Incorporated in Singapore) NEWSPAPER NOTICE NOTICE IS HEREBY GIVEN pursuant to Section 76(10)(h) of the Companies Act, Chapter 50 of Singapore (the "Companies Act"), that an Extraordinary General Meeting of Savu Investments Ltd (the "Company") having been duly convened and held on
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  • Page 7 Advertisements
    • 81 7 I MM W JS& Jgg I L fl 1 HP* iB I mmW> Jfl mw Am 'WKLmW fl W'aW 'MmW< mWmW f mW:- I If ll) I I r JmWmmmm*. CONSTELLATION BY VERTU Finished in the finest leather. Handcrafted from gold, YOUR HAND CONFIRMS WHAT YOUR EYES PREDICTED sapphire crystal
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  • SINGAPORE MARKET
    • 539 8  -  YEN SREENIVASAN STOCKS Market players trim positions before market-moving events, data and earnings releases ASIAN markets started the final week of January in bearish fashion as market players cut back positions ahead of a slew of market-moving events, data and earnings reports.
      : Bloomberg  -  539 words
    • 94 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 4 112 0 0 0 4 112 Manufacturing 30 132 31 11 13 41 145 39 Commerce 46 13 14 52 16 )t/Stor/Comms 35 35 Finance 21 21 Construction 15 22 Pro| lerties
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    • 117 8 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 12.165 12.165 64.420 64.420 Manufacturini 307.862 35.428 343.290 276.148 4.239 280.387 Commerce 54.135 6.201 60.336 55.160 822 55.982 Tpt/Stor/Comms 88.917 477 89.394 238.193 145 238.338 Finance 52.539 52.539 492.198 492.198 Construction 46.148 9.097 55.245 17.903 1.867 19.770 Properties 57.570
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    • 115 8 Stock name Close Cham Stock name Close Cham CapitaLand 6.250 -0.280 Olam 2.580 -0.210 CapitaMall 2.950 -0.230 S IA 16.000 -0.460 CityDev 12.200 -0.680 SGX 10.160 -0.720 Cosco Corp 4.640 -0.270 SIA Engg 3.820 -0.190 DBS Grp 18.060 -0.880 SPH 4.380 -0.020 F&N 4.790 -0.150 ST
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    • 472 8  -  MATTHEW PHAN SMRT Corporation Jan 28 close: 551.65 Citigroup Research, Jan 25 Q3 NET profit fell on higher costs: Although MRT revenues improved 6 per cent on stronger ridership growth, net profits declined 5 per cent due to higher costs and lower investment income. Results are in line
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    • 203 8  -  KEN TAI CHEE MING, CHART POINT THE Straits Times Index (STI) is likely to resume its downtrend this week, as investors are unwilling to take any position ahead of the Federal Open Market Committee meeting despite expectations of a 50bps cut. From a technical standpoint,
      NextVIEW  -  203 words
    • 549 8  -  LARRY WEE ANOTHER ugly red-ink session on Wall Street last Friday triggered another round of risk aversion trading yesterday, ahead of a potentially tricky week, if not fortnight, for Asian players. At their worst points yesterday, benchmark stock indices in Hong Kong, China
      Reuters  -  549 words
    • 4 8 DAILY
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    • 50 8 Jan 28 VALUE CLOSE -1213.00+67.00 BT OB/OS BT CADI -*****.00-305.00 BT 10-day MA -*****.00-121.00 FTSE ST Mid Cap 767.28 -23.52 FTSE ST Small Cap 674.59 -20.62 FTSE ST All Share 779.54 -28.26 FTSE ST China 567.77 -33.87 SIMSCI 372.23 -14.56 SIMSCI Futures 371.90 -17.00 PrimePartnersCI 185.19 -10.06
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    • 54 8 VOLUME E3 Hlds 38,413,000 Memstar 36,052,000 STI3100BNPeCW*****8 28,128,000 China Honqxinq 27,602,000 Yanqzijianq 23,747,000 JiutianC 21,386,000 JES 20,272,000 STXPOKW100 18,270,000 SingTel 17,706,000 Lian Benq 16,950,000 VALUE(S) DBS Grp 196,342,988 SGX 124,447,255 UOB 94,101,160 Capita Land 79,473,800 SingTel 64,691,560 CityDev 58,975,313 OCBC Bk 50,438,500 STXPOKW100 43,205,550 Keppel Corp 39,053,174
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    • 107 8 BY CENTS CLOSE UP 656 67.0 11.4 Straits Trdi StraitsAsia 335 23.0 7.4 OCBC Bk4.5%NCPS 100 ***** 20.0 0.2 SPC 585 16.0 2.8 STI 3450 DBePW*****2 105 16.0 18.0 STI 3350 DBePW/*****2 89 15.0 20.3 GLD 10US$ 9150 14.2 0.1 MOIL 199 14.2 5.3 STI 3300SGAePW*****8 66.5 10.0 17.7
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    • 109 8 CLOSE DOWN China H 10US$ 1684-167.9 -6.5 JMH 2560-139.4 -3.7 DBS Gri 1806 -88.0 -4.6 JSH 1436 -79.7 -3.8 SGX 1016 -72.0 -6.6 Cifr 1220 -68.0 -5.3 DBS MBLJCW*****0 561 -66.0 -10.5 UOB 1750 -58.0 -3.2 SGXMBLJCW*****0 451 -54.0 -10.7 UOBMBLJCW*****0 536 -54.0 -9.2 DBS MBL eCW*****1 BY PERCENTAGE
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    • 84 8 lan 28 CHNG CLOSE FRJan25 YR 2008/07 S$ LOW S$ HIGH USS 1.4217 0.09 1.5479 1.4200® Euro 2.0895 0.35 2.1639 1.9913 Pounds 2.8138 0.13 3.1194 2.7855 AS 1.2507 0.59 1.3555 1.1741 Yen* 1.3349 -0.93 1.3821 1.2285 Rupiah* 0.***** 0.31 0.***** 0.***** Baht* 4.3004 0.09 4.5700 4.1730
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  • SINGAPORE NEWS
    • 747 9  -  KALPANA RASHIWALA But developers are in no rush to launch condos ahead of Chinese New Year By A SLEW of projects from various segments residential, hotels, office and industrial/warehouse received provisional permission (PP) from Urban Redevelopment Authority in the fourth quarter of
      747 words
    • 397 9  -  CHEN HUIFEN By BIOPHARMACEUTICAL firm Actelion yesterday opened a regional office in Singapore, which will be tasked with managing its clinical studies in Asia. The Swiss-headquartered firm known for the blockbuster pulmonary arterial hypertension (PAH) drug Tracleer is spending about $500,000 in initial set-up
      397 words
    • 451 9  -  RONNIE LIM Oil major will supply feedstock as well as lift end products By JURONG Aromatics Corporation (JAC) which is building a US$2 billion petrochemicals plant on Jurong Island has just signed a mega US$lO billion-plus feedstock/end-product combination deal with oil major
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    • 463 10  -  CHUANG PECK MING A strong economy produced 30,923 unfilled positions in the private sector By IT was a job bonanza for all in September last year and even more so for graduates, according to a study by the Ministry of Manpower
      Job Vacancy Survey, MOM  -  463 words
    • 282 10  -  UMA SHANKARI Entertainment and travel tabs beat all past records: Amex By SPENDING on American Express (Amex) cards in Singapore rose 22 per cent in 2007, fresh figures show. The increase came after a 23 per cent rise in 2006. Growing affluence,
      282 words
    • 293 10  -  WEE JUN KAI By A $60 million initiative to develop small and medium enterprises (SME) business leaders has been launched. This was announced by Spring Singapore chairman Philip Yeo at the graduation ceremony yesterday for the first batch of 20 graduates in the Spring-SMU
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  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 161 10 t? Beyond first impressions Straits Trading Building A level of services that sets new standards The first impression for tenants and visitors is a warm welcome that is impressive in itself. But beyond first impressions, it's about luxury and distinction that surpass the convention of prestige. Like new standards in
      161 words

  • Page 11 Advertisements
    • 280 11 NTUC Income is proud to have the support of the financial advisory firms. The NTUC Income 2008 Kick-Off event on 18 January saw a strong turn-out of 750 financial advisers. It was m U a celebration of a successful collaboration with the financial 4Plk C fe advisory firms. In recognition
      280 words

  • SMEspotlight
    • 647 12 SMEs have the flexibility to change things and should also reinvent themselves, JobsDß chairman Samuel Sung tells TAN SEO YEAN FOR small and mediumsized enterprises (SMEs), the key to success is to be "agile", says JobsDß chairman Samuel Sung, whose company provides
      ARTHUR LII  -  647 words
    • 7943 12 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.91/ Star Europe Bond 1.211/ Star Europe Bal 1.184/ Star Asian Tiger Eqty 1.414/ Star Asia Bond 1.23/ Star Asia Balanced 0.995/ Star Global Technology Fund!** 0.198/ Multi St Fd 0.917/ Star Asia Bond(USD) 0.862/ Gib Multi St USD
      7,943 words
    • 713 13 SMALL CAPS It'll start by investing in commercial property with steady rental income in China, Macau and Taiwan, reports OH BOON PING SHANGHAI Turbo Enterprises, which produces vane products for steam power turbine generators, is looking at better times with its new property
      JOHN HENG  -  713 words
    • 410 13  -  TEH HOOI LING Small caps more volatile during market upheavals By GROWING fears of a US recession and the consequent dumping of all risky assets wiped some 14 per cent off our small cap portfolio in the past couple of weeks, as the
      410 words
  • Page 12 Advertisements
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  • Page 13 Advertisements
    • 242 13 ((((ill lluWmi^S you are acn 9 any tne following: ow networ'< or Internet access in your office 1)11/ Concern over the confidentiality and integrity of your data Vlf Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks H63Q tO jactaijs i
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  • ECONOMY WATCH
    • 509 14 Bloomberg Call comes after key index drops 22 per cent from Oct peak INVESTORS should sell shares of Singapore's DBS Group Holdings Ltd and its two rivals on expectation the banks' earnings growth will moderate, Goldman Sachs Group Inc said. It's "time to
      – Bloomberg  -  509 words
    • 472 14  -  VNTHONY ROWLEY Prediction comes as exports falter amid rising yen, weaker global demand By A in Tokyo THERE is now a 60 per cent chance that Japan's economy will slide into recession in the first half of this year, and the
      BLOOMBERG  -  472 words
    • 584 14 Reuters Government says that it remains cautiously optimistic [HONG KONG] Hong Kong's economy grew by just over 6 per cent last year and will slow this year but the government said that it remains "cautiously optimistic" on the outlook, despite an
      – Reuters  -  584 words
    • 2298 14 Jan 28 Jan 28 RM ASM Realty 0.78 AbricBhd 0.26 Advance Synergy 0.18 Adventa Bhd 1.35 AeMultiHIdgs 0.27 Affin Holdings 2.40 Ahmad Zaki Resou 1.46 Aic Corp 0.66 Airasia Bhd 1.50 Akn Technology 0.59 Alliance Financi 2.81 Aluminium Co 1.10 Amalgamated Ind 0.50 Aminvestment Grp ....unch AmmbHIdgsBhd 3.56
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  • Page 14 Advertisements
    • 50 14 BIODIESEL PLANT FOR SALE CAPACITY *****0 MT/ANNUM, CAPABLE OF USING MULTI FEED STOCK PFAD, VEGETABLE OILS, AF MEETS ALL INTERNATIONAL QUALITY STANDARDS OF BIODIESEL LOCATED IN STATE OF MAHARASHTRA, INDIA INTERESTED BUYERS PLEASE CONTACT Salecp2oo7@hotmail.com Lianhe Zaobao I who prop up suburb property bloom in I Chongqing I I IM*JiI
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    • 311 14 THE COMPANIES ACT, CAP. 50 HI-STAR MULTIMEDIA PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) Notice is hereby given pursuant to Section 308 of The Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed Company will be held at 711 Geylang Road #03-04, Singapore *****6 on Friday, 29 February
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  • MALAYSIA
    • 696 15  -  S JAYASANKARAN Vincent Tan, Tong Kooi Ong part ways as firm's publications are split between them By in Kuala Lumpur IN a surprise development, tycoon Vincent Tan Chee Yioun has taken over media company Nexnews in a move that will see a parting of
      696 words
    • 306 15 -AP [KUALA LUMPUR] Malaysia's judiciary faced fresh allegations of high-level corruption yesterday when opposition figure Anwar Ibrahim released a video apparently showing a lawyer claiming to have bribed a top judge. Mr Anwar sparked an outcry last September when he made public a
      -AP  -  306 words
    • 348 15 Bloomberg [KUALA LUMPUR] Malaysian Central Bank governor Zeti Akhtar Aziz has said that the country's interest rates are at an "appropriate" level to promote growth and other measures could be used to cool inflation. "We aren't having any major issues except
      Bloomberg  -  348 words
  • Page 15 Advertisements
    • 461 15 Introducing Singapore's first Investment Warrants. Macquarie Investment Warrants* Macquarie, Singapore's largest warrant issuer, launches another innovation. Investment Warrants Indicative price Expiry date warrants give you the ability to buy shares in two instalments. With long expiry dates, r an itaignMßi iPws-ic^n torn n*r onnn dividend equivalent payouts and low holding
      461 words

  • GREATER CHINA/INDIA
    • 167 16 -AFP [BEIJING] Online pranksters were taken seriously when they used a page on a Chinese government website for mock questions such as what to do with a DIV nuclear plant, state media said yesterday. The Ministry of Science and Technology website has been flooded with a
      -AFP  -  167 words
    • 518 16 Bloomberg, AFP He has neither admitted nor denied insider trading of Dow Jones shares [LONDON] One of Hong Kong's leading tycoons and former Dow Jones board member, David Li, has reached a tentative agreement with US regulators to settle insider trading
      – Bloomberg, AFP  -  518 words
    • 479 16 Bloomberg [SHANGHAI] China, home to the world's best-perform-ing stock market last year, is now the least favoured in Asia outside of Japan for the region's funds, according to Citigroup Inc. The CSI 300 Index, which gained 162 per cent last year,
      Bloomberg; AFP  -  479 words
    • 589 16 Reuters They are set to produce best returns for the third year [MUMBAI] India's construction and engineering companies are set to produce the best returns for investors for a third year running as India pours more cash into building roads, airports and power plants, but their
      Reuters  -  589 words
    • 117 16 -AFP [BERLIN] Indian conglomerate Tata plans to buy a stake in a high-tech unit of Germany's Deutsche Telekom which would see thousands of jobs outsourced, according to a German weekly news magazine. In a report in yesterday's issue, Focus said that the
      -AFP  -  117 words
  • Page 16 Advertisements
    • 2014 16 i i i Top Global Limited (Company Registration No.: *****3719Z) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of Top Global Limited (the "Company") will be held at 8 Cross Street, #11-00 PWC Building, Singapore *****4 on
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  • ASIA-PACIFIC/WORLD
    • 522 17  -  OUR CORRESPONDENT He will select his Cabinet line-up next week, it will include finance experts By in Bangkok THAILAND'S Prime Minister elect, Samak Sundaravej, has said that he would select his Cabinet line-up next week, while reassuring the country that the Cabinet would
      REUTERS  -  522 words
    • 498 17 Reuters, Bloomberg [PARIS] Pressure mounted yesterday on Societe Generale as a prosecutor said rogue trader Jerome Kerviel was questioned about his trades in November, and as investors sued the French bank for insider trading. The bank has accused the 31-year-old Kerviel of a
      – Reuters, Bloomberg  -  498 words
    • 399 17 neuters, tiloomb- I I vry i [TOKYO] A Japanese businessman has drawn the wrath of the country's financial regulator by falsely claiming to have bought controlling stakes worth US$l9O billion in Sony Corp and five other top companies. The Financial Services Agency
      – neuters, tiloomb- I I vry i  -  399 words
    • 379 17 AFTER each stopover, it always takes the first few days to settle back on board, especially when the stopover is centered around Singaporean hospitality and the wealth of restaurants the city has on offer. After a light up-wind start, battling against the current in the
      379 words
    • 438 17 Bloomberg LATEST US DATA Median home price down 10% in Dec from a year ago [WASHINGTON] Purchases of new homes in the US fell to a 12-year low in December, capping the biggest annual decline on record. Sales decreased 4.7 per cent to
      Bloomberg  -  438 words
    • 422 17 -AP [TOKYO] Toyota may have fallen short of General Motors in global vehicle sales last year, but it has beaten its US rival in another measure: global vehicle production. In the latest neck-and-neck numbers race between the world's top two automakers, Toyota
      -AP  -  422 words
  • Page 17 Advertisements
    • 108 17 REHEARSE THE FUTURE, M WALK THE BATTLEFIELD sSc-^Te BEFORE THE BATTLE 'igjgi' lofMBAs JSKIS Strathclyde MBA: Transforming Careers, Realising Dreams Since 1966 This is made possible through the THE STRATHCLYDE ADVANTAGE .A^Vw-* with the scenario planning process, worldwide received the AMBA, EQUIS A^ will provide a formidable strategy for and
      108 words

  • AVIATION
    • 327 18 450b yuan spending plan comes as air passenger, freight volumes rise sharply [SHANGHAI] China, the world's second-largest air travel market, plans to spend 450 billion yuan (5588.9 billion) building 97 more airports by 2020 to meet demand. A civil airport layout plan aimed
      327 words
    • 635 18 Bloomberg Thousands of travellers stranded before CNY holidays [BEIJING] China's heaviest snowstorms in five decades crushed homes, grounded flights, disrupted electricity and left hundreds of thousands of travellers stranded, a week before millions take to the roads for the Chinese New Year
      – Bloomberg; AFP  -  635 words
    • 380 18  -  SIDDHARTH SRIVASTAVA By in New Delhi LOBBYING for the Indian US$ll billion fighter jet deal has gained some momentum. Going by recent developments, it is clear that the competition to bag the deal is going to be intense. While US defence majors Boeing and
      380 words
    • 303 18 [KUALA LUMPUR] Malaysia Airlines (MAS) plans to start a dedicated freighter service between Kuala Lumpur and Delhi this year, according to a report in The Starßiz. The national air carrier and Acumen Overseas Pte Ltd, its general sales agent (GSA) for north and
      303 words
    • 225 18 Reuters [LONDON] The owner of Southend Airport, some 65 km east of London, put the business up for sale yesterday, saying it could be the answer to the capital's air travel problems. Southend, once London's third busiest airport, went into decline because of
      Reuters  -  225 words
    • 2377 18 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,377 words
  • Page 18 Miscellaneous
    • 239 18 CRYPTIC CROSSWORD fence (8,2,5) 23 Crest drops water on turn- 6 Old gold coin, not common 20 Whip producing nothing auing vessel (7) (5) dible (5) 24 Time and motive for a seri- 7 Decorations provided on the YESTERDAY'S SOLUTION ous crime (7) occasion of a party? (8,7) Across: 1
      239 words

  • SHIPPING
    • 470 19  -  VINCENT WEE It is poised to benefit from rapidly growing Asia-Latin America trades By [SINGAPORE] PSA International has made further inroads into South America with a joint venture agreement to develop Argentina's second largest container terminal and complementary logistics and warehousing businesses.
      470 words
    • 178 19 Xinhua [HANOI] Vietnam National Shipping Lines (Vinalines) will start construction of nine seaports nationwide this year, local newspaper Youth reported yesterday. The state corporation will build two wharves, the first category of the Van Phong seaport in central Khanh Hoa province, capable of receiving
      Xinhua  -  178 words
    • 318 19 Bloomberg It is building two new docks to meet demand [HONG KONG] Hyundai Heavy Industries Co, the world's largest shipbuilder, plans to deliver 25 per cent more vessels this year as it increases production to work through almost four years worth of
      Bloomberg  -  318 words
    • 136 19 Bloomberg [SEOUL] Daewoo Shipbuilding Marine Engineering Co, the world's third-larg-est shipyard, said it will build a 162.2 billion won (Ss24o million) parts factory to help work through an order backlog of almost four years. The factory at its yard in Okpo, south of Seoul,
      Bloomberg  -  136 words
    • TRANSPORT STOCKS
      • 108 19 '000 Jan CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks Jaya Hold Ltd KlVentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.55 0.34 4.64 0.90 2.42
        108 words
      • 39 19 '000 Jan nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.93 9.45 9.40 3.64 3.00 0.26 0.17 -0.03 -0.20 -0.35 -0.16 -0.04 -0.01 -0.01 45 458 352 560 3 11 143
        39 words
      • 12 19 '00 ■recious Ship Jegional Cont 21.70 23.10 -1.10 -0.40 1951 104
        12 words
      • 12 19 '000 Jan Soil iingamas Cont 43.00 2.34 -3.60 unch 184! 337(
        12 words
      • 22 19 '000 Aboitiz Equity ntl Container Keppel Marine <eppel Prop 6.60 40.00 2.38 2.00 unch unch unch -0.10 80i 110! 3( 1!
        22 words
      • 23 19 Evergreen Marine ...22.45 :irst Steamship 47.65 /Van Hai Lines 23.90 fang Ming Marine ..20.35 -1.05 -3.55 -1.10 -0.55 21 5 5 5
        23 words
      • 38 19 '000 (awasaki Hvy Ind...255.00 -17.00 2012! (awasaki Kisen 961.00 -41.00 947' Mitsubishi Hvy 422.00 -24.00 2895' vlitsui Eng&Sbldg ..326.00 -29.00 ***** vlitsuiOsk Lines ..1187.00 -46.00 1648: Mippon Express 542.00 -6.00 5891 MipponYusen 763.00 -30.00 937! iource: Reuters
        38 words
  • Page 19 Advertisements
    • 133 19 \p\ \\qpS Announce the V good news. fS^l V FEBRUARY ISSUE Call 1800 289 8822 or II W email notices@sph.com.sg The secQnd jssue of the revamped Pu ses is now out at Buzz PodS/ major bookstores, to book your se ected newsstands and a y Spinelli outlets for only $5.50
      133 words
    • 65 19 From Ist January to 29th February 2008 only! Hjjißilii^^BL-iiL <-i*a The Straits Times online subscription This works out to only K£ E£ A. 28 cents M M|p3rX!T|^^l a day/ The Business Times online subscription Tnis wor if S out to only 1 KU^y^UUyA|Uj^ 11 cents 1 THE STRAITS TIMES THE
      65 words

  • EDITORIAL & OPINION
    • 485 20 OLD-FASHIONED due diligence and state intervention are forbidden phrases in the present marketplace where sophisticated financial instruments and their custodians dictate the economies of the world. From the seizure in the credit market to sub-prime chaos and now a 31-year-old trader's misadventure, they are
      485 words
    • 1141 20  -  LEON HADAR Observers worry that the policies' potential effects could plant the seeds of stagflation FACED with a clear and present danger that the crisis in the sub-prime mortgage sector and the ensuing turmoil in the financial markets could transform the downturn spiral
      BLOOMBERG  -  1,141 words
    • 815 20  -  PAUL KRUGMAN THE BOTTOM LINE IT'S starting to feel a bit like 1992 again. A Bush is in the White House, the economy is a mess, and there's a candidate who, in the view of a number of observers,
      815 words
    • 909 21  -  001 GIOK LING Climate change and related sustainability issues have to be faced by urban societies and their governments By MINISTER for Transport Raymond Lim hit the nail on the head when he surfaced the many areas of frustration shared by commuters who use public
      FILE PHOTO  -  909 words
    • 1391 21 By ANUJ KAGALWALA 2007 was a volatile year for the stock markets, which have become even more choppy in the first few weeks of 2008. But fortunately, the reverse is true of Singapore's policies towards the investment management industry. They have
      FILE PHOTO  -  1,391 words


  • SOCGEN SHOCK
    • 1306 22  -  NELSON D SCHWARTZ "-NYT An immediate threat is that SocGen and other French banks will lose their hard-earned edge in derivatives trading By in Paris and JAD MOUAWAD in New York IN A country where the hur-ly-burly of market capitalism has long been viewed
      "-NYT; REUTERS  -  1,306 words
    • 796 22  -  NICOLA CLARK By I [PARIS] The French bank Societe Generale, facing persistent questions over how a lone, junior trader could have instigated more than US$7 billion in losses, acknowledged on Sunday that his activities had prompted questions from risk managers several
      PHOTOS: AFP, AP  -  796 words
    • 738 22  -  EDUARDO PORTER ■NYT Recurrence of financial disasters suggests that their risky actions are still uncurbed By [NEW YORK] What is to be done with the bankers? From the savings and loan meltdown in the 1980s to the current housingled seizure, financial institutions have proved
      ■NYT  -  738 words

  • SINGAPORE STOCKS
    • 8540 23 Transaction date: Jan 28 52-wks Tel )h Low Code Last Sale Hii Com[ i an; 5716 1st Software 11 6.5 3148 STelecom 29 11 5834 A-Sonic 107 98 6389 ABF SG Bond ETF 30 14 1938 AEI Corp 26 8 1100 AEM 42 12.4 2101 APOil 141 54.5
      8,540 words
    • 82 23 52-Wk Tel High Low Code Last Sale Vol C000) Day ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Com i Jib 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 *****
      82 words
    • 2032 23 Hii Low Code Comi Sale ('0001 Hii Low Bu1 Seller C'vr P/E Smil 30 11.5 1181 s AAGrp 41.5 18 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 3 1501 s Advanced System 34 29 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5 7814
      2,032 words
    • 215 23 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      215 words
  • Page 23 Advertisements
    • 25 23 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. jM "Shir 9 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676.
      25 words

  • FINANCE & COMMODITIES
    • 375 24 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 25 World Index Preliminan 1028.1 0.7 -6.6 0.4 -9.3 0.7 -2.2 t EAFE Prel lim inan 1001.7 1.4 -9.6 1.1 -8.9 1.4 -1.7 Euro[
      375 words
    • 132 24 As at 9am Jan 28 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2460 1.2610 Can dollar 1.4020 1.4190 Euro 2.0770 2.1010 NZ dollar 1.0860 1.1100 Sterlin mnd 2.8030 2.8350 US dollar 1.4160 1.4320 Local dollars to 100 units of foreign
      132 words
    • 163 24 Jan 28 fer Bii Overnight 1 1/2 1-month 1 1/2 2-months 1 1/2 3-months 1 9/16 Overnight mode: 1 7/16 US$ Offer 1 3/8 1 3/8 1 3/8 1 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 3.33 3.32
      163 words
    • 22 24 Jan 28 STI SIMSCI Jan 380.1 382.3 371.9 Taiwan Jan 300.9 301.8 293.5 Source: MF Global (S) Pte. Ltd
      22 words
    • 21 24 Jan 28 Bid Offer 1-month 1.4206 1.422 2-months 1.4185 1.4198 3-months 1.4165 1.4178 6-months 1.4114 1.4128 Source: OCBC
      21 words
    • 153 24 Jan 28 Currencies Bid Offer Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2516 1.2532 0.8796 0.8801 Canadian dollar 1.4098 1.4115 0.9908 0.9913 Euro 2.0875 2.0894 1.4671 1.4674 NZ dollar 1.0951 1.0965 0.7696 0.7701 Sterlim 2.8128 2.8153 1.9768 1.9772 US dollar 1.4229 1.4239 S$IUS$
      153 words
    • 362 24 Jan 28 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar08 Jun08 Sep08 Dec08 96.995 97.415 97.480 97.435 0 0 0 0 ***** ***** ***** ***** EUROYEN FUTURES Mar08 99.215 99.240 Jun08 99.420 99.435 Sep08 99.440 99.455 Dec08 99.405 99.420 Mar09 99.360 99.365B Jun09 99.305 99.305 Sep09
      362 words
    • 296 24 Jan 28 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Feb 08 Mar 08 Apr 08 May 08 Jun 08 Jul/Sep 08 378.00 378.75 381.00 381.00 381.00 380.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      296 words
    • 104 24 Jan 25 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar08 1243.00 1230.50 1253.00 1226.50 May 08 1261.50 1249.00 1270.00 1244.50 Jul 08 1275.25 1263.75 1285.00 1259.50 Aug 08 1267.00 1266.50 1275.00 1258.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 08 52.01 51.68 52.53 51.65
      104 words
    • 76 24 CRUDE OIL PRODUCTS Jan 25 CRUDE (FOB origin) USS/barrel Close Chan, Brent blend (1-Mth F) 90.81 3.34 WTI (Near Mth) 90.55 1.03 Dubai (1-Mth F) 85.02 2.04 Tapis blend 95.45 1.9 Minas 93.6 2 PRODUCT USS/barrel (FOB S'pore) Close Chanqe Naphtha Jet Kerosene 93.10 103.70 2.00 1.22 USS/barrel Opec Oil
      76 words
    • 469 24 Jan 28 AS CS Rmb Euro HKS Ind Rs Ru| Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.888 6.332 0.600 6.870 34.723 82.266 0.938 8.357 2.856 1.143 55.114 35.995 1.252 6.325 0.963 28.444 29.083 0.445 0.880 Canada 1.126 7.132
      469 words
    • 89 24 Jan 28 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****S 02.05.08 1-Year BY*****A 29.09.08 1.42 1.47 1.38 1.38 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
      89 words
    • 78 24 Jan 28 (USS) (S$) 3.***** 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 1 mth 2 mths 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs
      78 words
    • 66 24 Jan 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Feb 08 3250 3170 3259 3178 145 630 Mar 08 3216 3147 3243 3145 4246 ***** Apr 08 3220 3150 3250 3150 9447 ***** May 08 3211 3150
      66 words
    • 170 24 Jan 28 GOLD (USS/oz) Jan 28 Jan 25 GOLD BULLION COINS (SS) Sellim Hong Kong 913.60 916.50 914.60 917.50 Jan 25 Jan 24 London 912.00 905.50 912.90 906.20 Source: Reuters (SS) Sellinq Buying 1 oz 1454.13 1311 UBS GOLD LUNAR KINEBAR (SS) Sellinq Buying 10gm $510.39 418 SILVER
      170 words
    • 70 24 Jan 25 Aluminium, 99.7% purity (USS/tonne) Close Previou: Cash 2479.50 2424.00 3 months 2520.00 2463.00 Copper, Grade A (USS/tonne) Cash 3 months 7036.00 7020.00 7051.00 7020.00 Lead (USS/tonne) Cash 2606.00 3 months 2615.00 2607.50 2615.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3
      70 words
    • 81 24 Jan 25 (£/tonne) Close Prev Hii ih/Low Mar 08 1149 1145 1152/1142 May 08 1169 1164 1170/1161 Jul 08 1195 1191 1196/1189 Sep08 1185 1179 1185/1177 COFFEE (USS/tonne) Close Pev High/Low Jan 08 1998 2019 2016/2006 Mar 08 2022 2040 2044/2014 May 08 2043 2061 2062/2037 Jul 08 2058
      81 words
    • 2226 24 BONDS WARRANTS rel Prem Expiry el Last Vol Conv Exer Disc Gear- Mths lode Company Sale +or- ('000) Ratio Price ing Left 3737 DBS RB ECW*****7 9.5 -3.5 550 DBS SGA ECW*****0 37.5 900 0.1 2110 0.2 1900 6 5 2479STI 3100 BNP EPW*****9 27 3691 STI 3100 SGA EPW*****8
      2,226 words

  • Page 25 Advertisements
    • 2707 25 m The Business Times mmWm Shipping Times UK CONTINENT SERVICE U.S.A SERVICE BIPRSTSfifffIT^B > /Jj^mm\\ \A Destination Destination ■jTjlllllliljJi™ "inaBBBrB N irl\AfWT^T~-\ > STXPOTBN RTM/ANR/TIL STXPOTBN CDN/NFK/SAV/NOL ■ym^^T^^^^' M^^^ Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia R«PWH!*p?T?]fWiB _/^J^ IJ3S^"""mIH^^ 1^ MIDDLE-EAST SERVICE F.E./S.E.A SERVICE jISMVjj ffiifflai g^^^^^^ Destination
      2,707 words

  • Page 26 Advertisements
    • 3464 26 WAN HAI INTERNATIONAL PTE LTD P>S^ MM M*l i^l iHI I f(g|i> C^i (7ft TfCI/? %TCki\ lAf A LVI MAI I IMFC TEL *****588 (14 LINES) FAX:*****163 ■if^^|B E9 KB E9 K9 -mJ ///O \y\\ WAN HAI LINE) S;^ 3 r^tC eir^r 2S- IBSM weekly express sailing schedule I IT
      3,464 words

  • Page 27 Advertisements
    • 3635 27 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Name Number Number SIN Desfn Name Name Number Number SIN Desfn Name Name Number Number SIN Desfn
      3,635 words

  • PROPERTY
    • 608 28 Bloomberg The average cost of a home in England and Wales fell by 0.3 per cent [LONDON] UK house prices declined for a fourth month in January as higher interest rates and a slumping property market sapped confidence among buyers, a report
      Bloomberg; BLOOMBERG  -  608 words
    • 152 28 Bloomberg [MADRID] Sales of bonds backed by Spanish mortgages will slow from a record in 2007 as the country's 10--year real-estate boom ends, according to Moody's Investors Service. Spanish banks issued 143 billion euros (***** billion) of bonds secured by property and consumer
      – Bloomberg  -  152 words
    • 458 28 Reuters [NEW YORK] Global property investors still favour US commercial real estate by a wide margin, but secondplace China is rapidly closing in, according to an annual report tracking institutional investor interest. New York and Washington headed the list of preferred cities for
      – Reuters  -  458 words
    • 462 29  -  KALPANA RASHIWALA It also bags warehouse in CBP, announces completion of HansaPoint By I ASCENDAS Real Estate Investment Trust (A-Reit) has bought the Acer Building at International Business Park in Jurong East for $75 million or $344 per square foot of lettable area. Market
      462 words
    • 284 29 Reuters [HONG KONG] Chinese property developer Hengda Real Estate Group has won approval from the Hong Kong Stock Exchange for an IPO expected to be worth US$l billion to US$2 billion, but has not set a listing timetable due to
      – Reuters  -  284 words
    • 154 29 Xinhua [HANOI] Rents in major cities of Vietnam have skyrocketed and there are few signs the market will cool in the next few years as demand continues to vastly outstrip supply, local newspaper Vietnam Investment Review reported yesterday. "We predict that office rents will peak
      – Xinhua; BLOOMBERG  -  154 words
  • Page 28 Advertisements
    • 144 28 BUNGALOW LAND FOR SALE Bishopsgate 17,0005f Fourth Aye 27,0005f Belmont 22,0005f Oriole Cres 10,000sf ClunyPark 16,0005f CamdenPark 35,0005f Cornwall Garden 22,0005f Nassim 17,0005f Dalveyßoad 15,5005f Holland 16,0005f LAND FOR REDEVELOMENT Astrid Hill 23,0005f Yarwood 16,0005f BinTong 27,4115f Cable Road 36,0005f BtTunggal 17,0005f Chancery Lane 27,0005f Gallop Park 15,0005f ClunyPark 16,0005f
      144 words
    • 194 28 Prime Good Class I^^ Bungalow Site For Sale Located at prime exclusive residential enclave of Chatsworth Bishopgate area Potential for sub-division to 2 'Good Class Bungalow' plots Land Area 43,496 sq ft approx. Tenure: Freehold Selling with vacant possession Condos For Sale in D 9 /10, F'hold. Foreigners eligible I
      194 words
    • 51 28 ZAP Bl D CONGRATULATIONS! (S# c® I F ct!f,?^^.. KIA MOTORSJ Congratulations to the Highest Bidder: Mr. Ernest Tan Yee Tit (NRIC: SXXXXBBOC) Proud Owner of a Brand New Kia Picanto! Keep on ZAPPING! You May Be The Next Winning Bidder! Z Code I broLgittoiajCySPHNewMediaPteLH ■See More Know More Get
      51 words

  • Page 29 Advertisements
    • 338 29 811B 11 Excellent Redevelopment Site Along Singapore River For Iconic Development. 7* 7 7^ 7~7 sing.por.Fy.r-*."] Superior location with regular site configuration Fart Canning Park runßn_ w *j /Mi. DlyH"l "Land 74,206 sq ft (approx),LH99wef 15/12/1980 *k I L Sy''n Existing GFA of 396,827 sq ft J^ /\>V EST •2Sh.ii>
      338 words

  • Page 30 Advertisements
    • 46 30 rII I 1 Address 42 Eng Hoon Street, Tlong Bahru I\^C IWI C Adclress 60 Robertson Quay, The Quayside, #01-05/06 |"j{ fII f^ Reservations: +65 6220 2927 l\l V CIAwINC Reservations: +65 6738 0061 steakhouse cafe Website www.tbone.sg restaurant terrace Website www.riverone.sg V V*k Vim V./^w
      46 words