The Business Times, 24 July 2008

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Total Pages: 32
1 32 The Business Times
  • 22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg •W* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Thursday, July 24,2008
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  • 914 1  -  KALPANA RASHIWALA Developers of entry-level housing squeezed by weak selling prices and surge in construction costs By [SINGAPORE] For the first time in at least two decades, construction costs for some 99-year condo sites are actually higher than their land costs. This is taking
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  • 720 1  -  CHOW PENN NEE Valuations look more attractive, more M&A activity on the cards By [SINGAPORE] As their valuations fall, Singapore-listed companies are becoming more attractive to potential buyers. And this has ramped up takeover activity over the past few days. Yesterday was reverse takeover
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  • Page 1 Advertisements
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  • Page 1 Miscellaneous
    • 74 1 COURT CASE BizlT j^gg^ya COSTLY CITIES BE INSPIRED I Lexus golfer Chipmaker Numonyx makes IHJifc.. Spore is 13th most Zap for daily inspiration, sues Daimler Spore its distribution hub Hfl fl expensive for expats Win a Zegna Sports PAGE 2 PAGE 22 ll ll lIIIJ PAGE 10 Gym Kit! PAGE
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 69 2 GOOD pay attracts workers but does not make them stay, according to a global poll that includes Singapore for the first time. And employers here seem to appreciate this more than those elsewhere, because they are doing a better job
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      • 77 2 RESTAURANT operator Thai ViUage Holdings said yesterday it has entered into a $296 million deal that could make it a Chinese plastic stationery supplier. Thai Village will issue to China Stationery about 1.48 billion Thai Village shares at 20 cents each
        77 words
      • 66 2 SINGAPORE Exchange said it has halted application submissions by Omega Capital as it is not satisfied that Omega has demonstrated its ability to meet the standards expected of an issue manager and financial adviser. This follows a review of Omega's work as issue manager
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      • 87 2 CAPITACOMMERCIAL Trust (CCT) says it is "open to all options" when it comes to plans for Market Street Car Park, and these include selling the site. Supported by strong rental reversions, the trust yesterday reported distributable income of $36.06 million for
        87 words
      • 70 2 SINGAPORE is the world's 13th most expensive city for expatriates, and the fifth most expensive in Asia. According to Mercer's Worldwide Cost of Living Survey 2008, Singapore ranks above Sydney (15th), New York (22nd) and Shanghai (24th). Mercer's survey, which covers 143
        70 words
      • 80 2 MALAYSIA'S inflation doubled in June to 7.7 per cent to hit a 26-year high following steep fuel hikes at the beginning of the month. Although inflation is expected to moderate in the coming months, the sharp increase is bound to send alarm
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      • 66 2 INDIAN stocks, rupee and bonds soared on speculation Prime Minister Manmohan Singh will push for overseas investment in banking and insurance after surviving the nation's first confidence vote in a decade on Tuesday night. The Mumbai 30-share Sensex index rose 838.08
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      • 88 2 A DISTRICT 10 collective sale site at Robin Drive, off Bukit Timah Road, has been relaunched for sale with a new asking price as much as 40 per cent lower in view of the current market sentiment. The two properties on
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    • 674 2 Bloomberg Deal on legislation sharply raises mortgage-finance providers' shares [WASHINGTON] Fannie Mac and Freddie Mac rose after US lawmakers reached a deal on legislation that authorises Treasury Secretary Henry Paulson to bail out the mort-gage-finance providers while placing few restrictions on the
      Bloomberg; BLOOMBERG  -  674 words
    • 611 2  -  SIOW LI SEN Daimler excludes rival's man from next stage as it's a 'marketing event' By [SINGAPORE] He works for Lexus, but this golfer won the Singapore Country Final of the Mercedes trophy. This has led to a court case as well
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    • 332 2  -  JEFF SEGAL By SOME Apple investors are jittery over the gaunt appearance of chief executive Steve Jobs. The company says his health is a private matter. There's nothing wrong with that, provided the board is kept in the loop. But even if Mr Jobs
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    • 429 4  -  NISHA RAMCHANDANI Food, housing drive inflation; analysts say moderation may kick in soon By [SINGAPORE] Singapore's consumer price index (CPI) rose 7.5 per cent year-on-year in June on the back of higher food and housing costs, according to the Department of Statistics.
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    • 610 4  -  CHUANG PECK MING Spore bosses found to do better job of motivating and engaging their staff By [SINGAPORE] Good pay attracts workers but does not make them stay, according to a global poll that includes Singapore for the first time.
      610 words
    • MARKETS DIGEST
      • 46 4 Inesi lay lange I COMP 1,139.41 +29.84 IIKKEI225 13,312.93 +127.97 IANG SENG 23,134.55 +607.07 ;et INDEX 694.14 +11.99 JAKARTA COMP 2,225.84 +13.09 IANILACOMP 2,462.94 +52.96 ;eoulcomp 1,591.76 +30.53 IHENZHEN B 460.65 +1.31 IUMBAI IND 14,942.28 +838.08 12N00NEDT Change )OW 11,607.38 +4.88 IAS DAI 2,318.09 +14.13
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      • 29 4 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.496 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.65 INDIA 12.75 Source:
        Bloomberg  -  29 words
      • 40 4 IS$ (S$ per US$) 1.361 (USS/SS per 1.992 2.71 :uro (USS/SS/E) 1.576 2.14. 'EN 107.70 79.2 3.240 2.382 IK$ 7.800 5.73. !AHT 33.37 24.53 lUPIAH 9,142 6,721 lENMINBI 6.829 5.02 INDIAN RUPEE 42.28 31.01 1.033 0.75! IZ$ 1.327 0.97'
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  • Page 2 Advertisements
    • 840 2 Cap/taCommercial Trust (Constituted in the Republic of Singapore pursuant to a Trust Deed dated 6 February 2004 (as amended)) ANNOUNCEMENT ADJUSTMENT TO THE CONVERSION PRICE OF *****,000,000 2.0 PER CENT. CONVERTIBLE BONDS DUE 2013 Capita Commercial Trust Management Limited, as Manager (the "Manager") of Capita Commercial Trust ("CCT"), refers to
      840 words

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  • COMPANY NEWS
    • 701 5  -  WONG WEI KONG rEARS that Neptune Orient Lines (NOL) may overpay for Germa- nys Hapag-Lloyd could be preI mature, at least in current circumstances. NOL had on Tuesday submitted an indicative bid for Hapag-Lloyd, the shipping arm of German group TUI. The bid
      701 words
    • 348 5  -  CHEW XIANG The restaurant operator eyes China's recyclable plastic stationery market By RESTAURANT operator Thai Village Holdings has entered into a proposed $296 million reverse takeover (RTO) deal that could make it a Chinese plastic stationery supplier. Thai Village will issue
      FILE PHOTO  -  348 words
    • 463 6  -  LYNETTE KHOO Omega required to appoint independent firm to review internal processes By SINGAPORE Exchange (SGX) has put a halt to submissions of applications by Omega Capital Limited, saying that it is not satisfied that Omega has shown its ability to meet the standards
      463 words
    • 232 6 OCULUS, which is being sued by I Kate for alleged breach of an agreement to sell its contact lens business, said yesterday that it has initiated discussions with I Kate for an amicable settlement. The board of Oculus disclosed this, among other things,
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    • 737 7  -  EMILYN YAP Reit reports 23% rise in Q2 distributable income to $36m By CAPITACOMMERCIAL Trust (CCT) says it is "open to all options" when it comes to plans for Market Street Car Park (MSCP), and these include selling the site. The
      737 words
    • 385 7  -  EMILYN YAP Gross revenue up 10%to$20.8m;DPU rises to 1.88 cents By FRASERS Centrepoint Trust (FCT) yesterday reported distributable income of $12.2 million for the third quarter ended June 30, 2008 an increase of 19 per cent from the year-ago period. This came on
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    • 378 9  -  CHEW XIANG At the group's EGM, they also approve a reconstituted eight-man board of directors By JK TECHNOLOGY Group shareholders yesterday approved a reverse takeover that will pave the way for entertainment group St James to be listed on Singapore's Catalist
      FILE PHOTO  -  378 words
    • 349 9  -  UMA SHANKARI Trust cites organic growth, acquisitions for better results By ASCOTT Residence Trust (ART) said yesterday its sec-ond-quarter distributable income climbed 9.6 per cent to $13.3 million, from $12.1 million a year ago. Distribution per unit was 2.19 cents, an increase of 9
      349 words
    • 194 9 ASCENDAS India Trust has reported distributable income of $12.4 million for its first quarter ended June 30, 2008, up 12 per cent from a year ago. This translates into a distribution per unit (DPU) of 1.65 cents for the quarter, which represented
      194 words
    • 219 9  -  SIOW LI SEN By WELL-KNOWN economist Chua Hak Bin is returning to his former employer Citigroup to head its Singapore equity research team. Dr Chua, who starts work next Monday, barely warmed his seat at Deutsche Bank Wealth Management, which he
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    • COMPANY BRIEFS
      • 89 9 YELLOW Pages (Singapore) said it has secured a total sales contract value of $47.6 million for its FY2009 Singapore Phone Directory canvass, which took place from September 2007 to June 2008 The group also said it is currently in discussions with grassroot organisations to collaborate
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      • 110 9 OCBC Bank and EZ-Link Pte Ltd have announced a collaboration to introduce a remote means of topping-up ez-link cards for greater customer convenience. The Top Tap service is available via OCBC Mobile Banking and EZ-Online with immediate effect. Top Tap is a two-step process that
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      • 43 9 CRANE manufacturer Yongmao Holdings is paying 24 million yuan (Ss4.B million) in cash for an 80 per cent stake in a joint venture with China-based Wuxi Jushen Crane Co Ltd. The JV will produce cranes under Yongmao's brand name.
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    • 417 9  -  LYNN KAN By REAPING the benefit of its production expansion, SP Chemicals yesterday announced a 70 per cent year-on-year surge in net profit to 152.7 million yuan (5530.3 million) for the second quarter ended June 30. Revenue for the three months
      417 words
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  • Page 6 Advertisements
    • 5332 6 DIMENSION DATA HOLDINGS PLC DATACRAFT ASIA LTD is. financial adviser (Incorporated In England and Wales (Incorporated In the Republic of Singapore) Cazenove has been appointed as the financial adviser to Dimension Data In relation to the Scheme, underthe Companies Actl9Bs with Company Registration No. *****1842Z CONFIRMATION 0F FINANCIAL HESOU rceS
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  • Page 7 Advertisements
    • 32 7 -__rIHI-_7l M<U Hj>^\iiifMV \^y^,^Aw\ I -JS I "v t j___^J P^*l_PJsi V B I ___h_^^____________________---i __-^_j^s_H -_^^^V\ jt _/^^^!s >r B flhj T'lrStf _^4 HAUTE HORLOGERIE D'AVANT G A R D E
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  • SINGAPORE MARKETS
    • 551 8  -  CONRAD TAN STOCKS Stocks lifted by favourable news on oil and inflation fronts, along with US bank results THE Singapore market yesterday enjoyed its second surge this week, as oil prices slid overnight and more US banks reported better-than-ex-pected earnings, boosting financial-sector shares.
      Bloomberg  -  551 words
    • 91 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 9 4 3 0 0 0 9 4 3 lanufacturini 94 34 54 11 105 40 62 Commerce 37 23 43 10 26 'pt/Stor/Comms 29 31 :inance 17 17 Construction 13 'roperties 30 30 lotels/Rsts iervices
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    • 119 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 22,621 22,621 105,876 105,876 lanufacturing 421,510 21,601 443,111 329,280 1,993 331,273 Commerce 45,740 57,081 102,821 65,876 22,415 88,291 "pt/Stor/Comms 147,364 2,572 149,936 341,489 650 342,139 :i nance 49,349 49,349 445,140 445,140 Construction 34,594 3,937 38,531 6,266 559 6,826 'roperties
      119 words
    • 108 8 CapitaLand 6.150 4-0.400 Olam 2.260 4-0.090 CapitaMal 3.140 4-0.010 S IA 15.860 4-0.600 CityDev 11.700 4-0.940 SGX 7.280 4-0.360 Cosco Corp 3.190 4-0.120 SIA Engg 3.430 4-0.040 IBS Grp 19.720 4-0.560 SPH 4.080 4-0.080 :&N 4.550 4-0.060 ST Engg 2.830 4-0.130 Sent Intl 0.575 tO.010 SembCorp
      108 words
    • Article, Illustration
      961 8  -  JOYCE HOOI Technology Sector CIMB-GK Research, July 23 WE EXPECT technology stocks in Singapore to report subdued Q2 2008 results. Although nine out of the 17 tech stocks under our coverage are expected to post positive y-o-y earnings, only two companies are expected to report net profit improvements
      Bloomberg  -  961 words
    • 429 8 CURRENCIES [LONDON] The dollar hit a onemonth peak against the yen and a two-week high versus the euro yesterday, buoyed by a sharp slide in oil prices, a recovery in stocks and hawkish rhetoric from US officials. With oil more than US$2O
      BLOOMBERG  -  429 words
    • 4 8 DAILY
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    • 56 8 Jul 23 VALUE CLOSE BT 08/ OS -270.00+132.0 BT CADI -*****.00+234.0 BTIO-day MA -*****.00-27.00 FTSE ST Mid Cap 710.13 +13.69 FTSE ST Small Cap 583.94 +13.86 FTSE ST All Share 745.05 +20.23 FTSE ST China Top 425.18+17.82 FTSE ST China 415.39+16.13 UOB Catalist 131.96 +2.79 SIMSCI 366.39+10.44
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    • 60 8 VOLUME Ocean us 55,807,000 China Honqxinq 53,373,000 JiutianC 42,643,000 Mercator 37,147,000 Sing Tel 28,368,000 Li Henq 25,122,000 Golden Agri 25,059,000 Thai Beverage 24,495,000 Ferrochina 23,043,000 DBS DBeCWOBO9IS 21,375,000 VALUE(S) DBS Grp 128,435,490 SGX 123,242,790 UOB 111,587,060 Sing Tel 100,942,130 Capita Land 97,529,065 S I A 91,499,360 Keppel
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    • 105 8 CLOSE UP India Ni 10 1447 112.0 8.4 :it 1170 94.0 8. IMH 3100 89.7 2.. China H 10US$ 1664 66.6 3.' IA 200 1586 64.0 4.. I A 1586 60.0 3. iBS Gri 1972 56.0 2. lardine C&C 1706 56.0 3.. IOB 1928 56.0 3.' IS MSCI India
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    • 115 8 CLOSE DOWN 9220-511.2 -3.9 LP 10US$ IOB BNP eCW*****1 32.5 -22.5 -40.9 Ro' 310 -20.0 -6.1 itraitsAsia 255 -14.0 -5.2 Cmdfr 10US$ 408 -12.2 -2.2 >elo 302 -11.0 -3.! ;TI3100SGAePW*****9 48.5 -11.0 -18.5 ;TI 3000SGAePW*****9 37 -10.5 -22.1 ;TI 3200 BNPePW***** 53 -10.5 -16.5 :it NCCPS 159 -10.0 -5.!
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    • 86 8 Where S$ stands Jul 23 CHNG CLOSE FR Jul 22 YR2008 S$ LOW S$ HIGH USS 1.3635 -0.94 1.4542 1.3457 Euro 2.1445 0.27 2.2064 2.0474 Pounds 2.7190 -0.36 2.8431 2.6568 AS 1.3148 0.47 1.3251 1.2349 Yen* 1.2650 0.44 1.4484 1.2619 Rill liah* 0.***** -1.05 0.***** 0.***** Baht* 4.0836 -0.85
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  • Page 9 Advertisements
    • 147 9 ■tin -4fc y a and experience with Colin Shaw The Guru of Customer^ Experience who has helped transformed the Customer Experience of some of world's largest organisations including Microsoft, T-Mobile, Dell Computers, and Her Majesty's Cabinet Office etc. 95% of senior management in businesses believe that Customer Experience is the
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  • SINGAPORE NEWS
    • 615 10  -  ARTHUR SIM It is also the sth costliest in Asia for expats: Mercer survey By SINGAPORE is the world's 13th most expensive city for expatriates, and the fifth most expensive in Asia. According to Mercer's Worldwide Cost of Living Survey 2008, Singapore ranks above
      615 words
    • 483 10  -  ONG BOON KIAT By SOAP TV junkies can look forward to an almost no-waiting time fix: Come September, Ugly Betty, Prison Break, Grey's Anatomy and other popular US TV shows will be available on SingTel's mio TV platform
      483 words
    • 439 10  -  ANNA TEO They're undervalued, while finance sector is 'grossly overpaid' By AS maestro of Singapore's investment drive for two decades, most recently the push into the biomedical sciences, it's inevitable that Philip Yeo gets asked about the next big industry here. Someone even sought
      439 words
    • 220 10 UTILITIES company Singapore Power is upgrading its billing system to "improve customer service and cater to future business needs". The new system, which will go live on Aug 9, is based on SAP's Utilities Industry software. Migration of data from the current system in use
      220 words
    • 398 10  -  LEE U-WEN By AUSTRALIA is pushing forth with its bold initiative to form an Asia-Pacific community grouping by 2020, with the next phase of dialogues with the region set to begin in September. The country's foreign minister, Stephen Smith, who is in
      398 words
    • 127 10 WINNERS of this year's Fastest Growing 50 companies were given their awards yesterday by Senior Minister of State (Foreign Affairs) Balaji Sadasivan at the Ritz Carlton Millennia. The awards, organised by DP Information Group, recognise fast-growing companies measured by compounded annual growth in
      127 words
    • 213 10 PREMIUMS for certificates of entitlement in all five vehicle categories fell yesterday amid a quiet market. "It's the usual cocktail of reasons," said the manager of a mid-sized dealership. "The stock market is erratic, there's uncertainty about the economy and petrol prices are still
      213 words
  • Page 10 Advertisements
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  • ECONOMY WATCH
    • 592 11 Reuters Rising costs of financing, fuel, rents suggest interest rates will stay high [SYDNEY] Core inflation in Australia accelerated to its fastest annual pace in 17 years last quarter as the cost of fuel, financing and rents all climbed, suggesting interest rates
      – Reuters  -  592 words
    • 297 11 Bloomberg Fed deputy Donald Kohn also raised his impact on policy expectations [NEW YORK] Federal Reserve chairman Ben Bernanke has gained influence over interest rate expectations since 2006, and now wields five times more market clout than any other central bank policy maker, a
      – Bloomberg  -  297 words
    • 247 11 NYT [WASHINGTON] When he talks about why the economy is ailing, President Bush often uses polite euphemism, citing "challenges in the housing and financial markets". But Mr Bush offered a far blunter assessment last week at a closed Republican fund-raiser in Houston: "Wall
      NYT  -  247 words
    • 144 11 Reuters [HANOI] Vietnam's consumer prices are expected to rise 25 per cent this year, nearly double last year's rate of inflation, a state-run newspaper quoted the government as saying yesterday. That estimate is in line with what economists are forecasting and underlines market apprehensions over
      – Reuters  -  144 words
  • Page 11 Advertisements
    • 208 11 PACIFIC ANDES (HOLDINGS) LIMITED (Incorporated in Bermuda) (the "Company") Notice is hereby given that the Transfer Books and the Register of Members of Pacific Andes (Holdings) Limited will be closed at 5.00 p.m. on 8 August 2008, for the purpose of determining Member's entitlements to the first and final dividend
      208 words
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  • MALAYSIA/INDONESIA
    • 506 12  -  PAULINE NG June's sharp rise may pressure central bank to raise overnight policy rate By in Kuala Lumpur MALAYSIA'S inflation doubled in June to 7.7 per cent to hit a 26-year high following steep fuel hikes at the beginning of the month.
      BLOOMBERG  -  506 words
    • 234 12 Bloomberg [JAKARTA] Bank Indonesia governor Boediono said fighting inflation will be the central bank's priority for the next one-and-a-half years, leaving the government to focus on boosting growth in South-east Asia's biggest economy. "Between inflation and growth, inflation will be our priority now,"
      – Bloomberg  -  234 words
    • 269 12 Reuters [KUALA LUMPUR] Dominant fixed-line provider Telekom Malaysia is on track to roll out the first phase of a US$4.7 billion project to build a nationwide highspeed broadband network, a top official said yesterday. Chief executive Zamzamzairani Mohd Isa said the state-run firm is
      – Reuters  -  269 words
    • 342 12 Reuters [SINGAPORE] A sustained balance of payments surplus in Indonesia will support the country's currency and so help contain inflation, which is being driven up by soaring import costs, a central bank official said on Tuesday. Made Sukada, director of monetary policy research
      – Reuters  -  342 words
    • 2196 12 lul 23 RM ('000) Furqan Gadanc 3usiness Hldgs Bhd .0.80 0.05 11 A&M Realty 0.43 AbricBhd 0.14 Advance Synergy 0.10 Adventa Bhd 0.90 Ae Multi Hldgs 0.20 Affin Holdings 1.75 Ahmad Zaki Resou 0.72 AicCorp 0.50 \irasia Bhd 1.04 Akn Technology 0.42 Alliance Financi 2.75 Aluminium Co 0.95
      2,196 words
  • Page 12 Advertisements
    • 1486 12 jf^Jk*S f^ y\ I |VI Head offlce: Singapore Branch: N-_^^__ 9, quai dv President Paul Doumer 168 Robinson Road CREDIT AG RICOLE OB I_. ***** Paris La Defense #22-01 Capital Tower Credit Agricole. Tel: 331 41 89 00 00 Singapore *****2 corporate and investment banking subsidiary Fax :*****89 49 83
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  • GREATER CHINA
    • 599 13 -AFP But they cite jobs, inflation and work conditions as major concerns [WASHINGTON] Most people in China are concerned about rising prices, unemployment and labour conditions, but have a positive view of the way things are going in their country, a US poll showed
      -AFP  -  599 words
    • 330 13 Bloomberg [BEIJING] China's efforts to stem the flow of funds betting on yuan gains will do little to dull the allure of the nation's currency, Roth Capital Partners said. Illegal inflows, the dominant source of China's record US$l.B trillion foreign exchange reserves, are
      – Bloomberg  -  330 words
    • 623 13 -AFP [BEIJING] The Olympic Games have helped bring high-class western cuisine to Beijing, but its survival in the home of Peking Duck is far from assured despite a well-heeled potential clientele. Opening at intervals over the past two years, haute cuisine western
      -AFP  -  623 words
  • Page 13 Advertisements
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  • INDIA
    • 703 14 Bloomberg Sensitive Index gains 5.9% on hopes of more economic reforms coming [MUMBAI] Indian stocks, rupee and bonds soared on speculation Prime Minister Manmohan Singh will push for overseas investment in banking and insurance after surviving the nation's first confidence
      Bloomberg; AFP  -  703 words
    • 277 14 Reuters [NEW DELHI] Fresh from winning a vote of confidence, India's government is likely to seek parliament's approval for reforms to boost foreign investment in private banks and insurance firms, senior officials said. It may raise the foreign investment limit for the insurance sector
      – Reuters  -  277 words
    • 264 14 Reuters [TURIN] Indian carmaker Tata Motors Ltd is open to Italy's Fiat helping to sell the ultra-cheap Nano model overseas, chairman Ratan Tata said on Tuesday. Tata, India's third-big-gest carmaker, plans to launch the Nano later this year, priced at about U552,500. "We
      ■ Reuters  -  264 words
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  • FOCUS: ASEAN MINISTERIAL MEETING
    • 508 15 Reuters, AFP [SINGAPORE] US Secretary of State Condoleezza Rice, who met her North Korean counterpart for the first time, said the six nations involved in North Korea disarmament talks had a good meeting yesterday. "It was a good meeting. There
      Reuters, AFP; AP  -  508 words
    • 371 15 -AP But it has failed to resolve Thailand, Cambodia dispute [SINGAPORE] The United States yesterday praised South-east Asia's main grouping as a forum for rallying to "try to solve problems", despite its apparent lack of success in mediating an escalating Thai-Cambo-dia border dispute. A
      -AP  -  371 words
    • 455 15  -  LYNETTE KHOO Outcome of Asean's meetings with dialogue partners 'positive' By [SINGAPORE] Asean's dialogue partners Japan, Australia, China, New Zealand and the United States said they will be appointing ambassadors to Asean as the economic group becomes more integrated and institutionalised with last year's signing
      455 words
  • Page 15 Advertisements
    • 151 15 Beyond a strategic move MmW. >B LV. JSt MMmmmt ____k as. m*^ I v tH __L -B W mm Wy m Straits Trading Building Prestige for only a select few Located right in the heart of Singapore's Central Business District, exclusivity reigns at Straits Trading Building. With no more than
      151 words

  • WORLD
    • 405 16 NYT They will create commercial finance fund based in M-E [NEW YORK] Hoping to tap into higher returns overseas, General Electric said on Tuesday that it would team up with a sovereign wealth fund in Abu Dhabi to create a USSB billion
      NYT  -  405 words
    • 511 16 Bloomberg They will likely have more power to drive corporate revamps: State Street [LONDON] Sovereign wealth funds, which own about US$3 trillion in assets, may almost triple their investments in the next five years as oil and gas prices surge, State
      Bloomberg  -  511 words
    • 148 16 Reuters [BANGALORE] New York attorney general Andrew Cuomo is preparing to file civil se-curities-fraud charges against ÜBS AG, possibly as early as this week, the Wall Street Journal said yesterday. The lawsuit could also include allegations of wrongdoing by senior ÜBS executives, the
      – Reuters  -  148 words
    • 8535 16 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 2.009/ AIGIF Spore Bond Fund/ A 1.327/ APS Asset Mat Pte Ltd APS Alpha Fund!** 0.88/ APS Alpha Fund (USD) 0.65/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.9592/ APS Komaba
      8,535 words

  • ASIA-PACIFIC/WORLD
    • 343 17  -  NISHA RAMCHANDANI But figure in study inflated by weakening greenback 3" By RETAIL sales in the AsiaPacific grew almost 10 per cent to US$637 billion in 2007 from US$5Bl billion the year before, with China, India and Vietnam seeing significant growth.
      FILE PHOTO  -  343 words
    • 485 17 Reuters Move comes after stock dips on weak trading report [LONDON] A day after after its stock crashed 14 per cent on a weaker-than-expected trading report, mobile phone group Vodafone announced a surprise £1 billion (552.7 billion) buyback programme to shore up the share
      – Reuters  -  485 words
    • 669 17 -Reuters [SAN FRANCISCO] Yahoo Inc's net profit fell 19 per cent but investors took heart that it did not change its outlook despite a weakening US economy and the distraction of Microsoft Corp's failed takeover bid. Shares of the Internet company, which just
      -Reuters; AP  -  669 words
    • 278 17 AFP [PARIS] Retailers' belief that customers like a price ending in a nine rather than a rounded-up zero 199.99 instead of 200.00, for instance has been borne out by scientific research on a restaurant menu. Researchers carried out a field study at a
      AFP  -  278 words
    • 451 17 Bloomberg Proposals will help bring prices more in line with demand [WASHINGTON] Congress may outlaw elements of oil futures trading that lawmakers found distorted demand and contributed to the 69 per cent surge in prices in the past year. US legislators are considering
      Bloomberg  -  451 words
    • 436 17 -AFP [GENEVA] Indian Commerce Minister Kamal Nath yesterday welcomed a shifting US position on farm subsidies at WTO trade talks, saying that this was a positive development as ministers attempt to clinch a new global deal. On Tuesday, the US offered to cut
      -AFP  -  436 words

  • AVIATION
    • 593 18 Reuters Discussions taking place between Beijing, Shanghai govt, says report [SHANGHAI] China's central government and the Shanghai city government are discussing merging Shanghai Airlines with China Eastern Airlines, major Chinese business magazine Caijing reported on its website yesterday. High global oil prices and
      – Reuters; BLOOMBERG  -  593 words
    • 580 18 Reuters [CHICAGO] Three major US airlines reported losses on Tuesday, sapped by soaring fuel costs, but stocks in the sector rose sharply as investors hoped falling crude oil prices signalled relief ahead. United Airlines parent UAL Corp, US Airways
      – Reuters  -  580 words
    • 135 18 Bloomberg [LONDON] London's effort to build the £16 billion (5543.5 billion) Crossrail link from Heathrow Airport to Canary Wharf has won final approval from parliament, allowing the government to begin work on the 18-year-old plan. The House of Commons approved House of Lords amendments
      Bloomberg  -  135 words
    • 459 18 -AP [WASHINGTON] Federal aviation inspectors would have to wait two years after leaving their jobs before taking airline jobs in which they would deal with their old government bosses under legislation passed on Tuesday by the US House of Representatives. The
      -AP  -  459 words
    • 2503 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
      2,503 words
  • Page 18 Miscellaneous
    • 263 18 CRYPTIC CROSSWORD 1 Part of body at swinging I jHJj |HMHJ llP] 9 Absentees cannot give their HI HI have distinctive manner (4) Hfl_ lH_ _^J__^—^J——^^^^J— 11 Among people of influence HE Hfj Hjj HH^^H Hj IHIIH 13 Arab to come down by HE HE HJHJHJH HE HE HJHJH na
      263 words

  • SHIPPING/TRANSPORT
    • 716 19 Reuters Five groups have expressed interest; they are expected to raise their offers [SEOUL] Despite a sliding stock market, bidders for South Korea's Daewoo Shipbuilding may have to pay a hefty premium and large fees to snap up the coveted US$4 billion
      – Reuters; BLOOMBERG  -  716 words
    • 563 19 Reuters [CHICAGO] United Parcel Service (UPS) on Tuesday reported an in-line profit that was hit by fuel costs and a weak US economy, but the package delivery company's shares rose more than 3 per cent as analysts said it was performing well
      – Reuters  -  563 words
    • 261 19 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, had an eighth consecutive decline on reduced demand for so-called panamax vessels to haul grains. The index tracking transport costs on international trade routes fell 57 points, or 0.6 per
      – Bloomberg  -  261 words
    • 189 19 Bloomberg [HONG KONG] STX Shipbuilding Co, the owner of Europe's largest shipyard, said that it received a 214.1 billion won (Ss2BB million) order from Europe for two bulk carriers, filling an opening from a cancellation. The capesize vessels, the biggest of their type,
      Bloomberg  -  189 words
    • 310 19 Reuters It offers 3.1b euros over the 30-year duration of the project [ATHENS] A group including Hutchison Port and Greek Pharmaceuticals group Alapis made the highest bid to run and upgrade cargo facilities at Greece's Thessaloniki port (OLTH), the government said on Tuesday.
      Reuters  -  310 words
  • Page 19 Advertisements
    • 122 19 TOTO fdranVs (IN ENGUSH AND CHINESE) Tune in to the New Morning Show. [x|£> MpiAic Shake Bake with Suz and Sheikh. C*^ llie W& Monday to Friday, 6AM -10AM. Images radoq ioq% pure fun r- 1900-911-0188 01QFM Ff» n Directory %J %Mf% 111 MapS M W AmmmW _ft^V% __X- V
      122 words

  • EDITORIAL & OPINION
    • 490 20 AFTER weeks of political uncertainty and two days of chaotic debate in Parliament, Indian Prime Minister Manmohan Singh's government won a no-confidence vote on Tuesday. The government was thrust into the precarious position of having to seek a trust vote by the withdrawal of
      490 words
    • 1445 20  -  HUGO DIXON Aim should be to make it less vulnerable to shocks while fostering innovation and flexibility By THE current financial crisis cannot be solely blamed on the shenanigans of financiers. There are two other big culprits for the bubble that preceded the bust:
      AP  -  1,445 words
    • 785 20  -  ANTHONY ROWLEY THE BOTTOM LINE FREE trade is widely held to be a good thing, but few "free" things come without cost, hidden or revealed. This is at the heart of the argument among 35 trade ministers from around the world gathered
      785 words
    • 1493 21  -  AWIE HW FOONG MAX YUEN TEEN Employees' perception of the justice of the reward system has a strong effect on their loyalty to the organisation By and IN A recent panel discussion involving several Singapore bank chief executive officers (CEOs), one was quoted as saying that remuneration
      BLOOMBERG  -  1,493 words
    • 800 21  -  SHADA ISLAM THIS column should really be about Belgium's latest bout of linguistic feuding and the decision by Belgian Prime Minister Yves Leterme to tender his resignation, thereby plunging his country into another political crisis. But Belgium's King Albert has asked Mr Leterme to stay
      800 words


  • BizIT
    • 632 22 It signs deal with logistics giant DHL International to distribute finished chip products, reports ONG BOON KIAT NUMONYX, one of the world's major suppliers of non-vola-tile memory chips, yesterday announced that it has made Singapore its global finished goods distribution hub. It has signed
      632 words
    • 756 22  -  AMIT ROY CHOUDHURY Ramp up in govt SOE spending during the quarter By i SINGAPORE'S client PC market grew 24 per cent year-on-year in the second quarter of 2008, preliminary results from research agency IDC show. According to Reuben Tan, IDC'S
      756 words
    • 626 22  -  PHILIPPE GERARD <you say> Quality of experience is the key for Spores Next-Gen NBN By BY 2015, Singapore is slated to be a broadband Garden of Eden, with a dazzling array of personalised services and offerings built on a foundation of free-flowing connectivity that will benefit consumers and
      626 words
    • 164 22 Reuters [BOSTON] Business software maker VMware Inc has issued a revenue outlook that fell far short of expectations, saying customers were delaying purchases or opting for smaller contracts due to a weak economy. The company's new chief executive, Paul Maritz, also cited competition from
      – Reuters  -  164 words
  • Page 22 Advertisements
    • 235 22 ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is helmed by veterans who have been supporting over 1,000 users, giving
      235 words

  • Page 23 Advertisements
    • 427 23 W> I iHTSTiI _k^iTTTnl ♦T^^r7»^^__________________________________B ALTERNATIVE THINKING ABOUT BUSINESS AND TECHNOLOGY: 4_W fc^^ "(^^^^_!__!^V r*"™ I '(SKI E*^ME*7n|fjLtf ™T" trim i-iiu V II liS I v mi. 1 1a. h__■_■■ ___i r >:_:: L:s m <~™j I" s:?: I I •i ikj _-_»S; r ;2 "I I •i in >T_ti
      427 words

  • SINGAPORE STOCKS
    • 5963 24 Transaction date: Jul 23 52-wks Tel |h Low Code Last Sale Vol ('000) Hi i Day Last Quote )h Low Buyer Seller Div GrYld C'vr Net P/E M Cap $mil Hi! Com[ >anj 5716 1st Software 262? 5J iSg Si?" 'IS ?il ffi FS P E 23.5 4.5
      5,963 words
    • 69 24 Wk Tel Low Code Last Sale Vol ('000) Low Lasl (uote Seller Div Net P/E Cap _Hm Comi _Hm Bui C'vr 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 6170 SPDRS 398.3 288 6009 STI ETF 3977.9
      69 words
    • 1860 24 «Vk Tel Low Code Last Sale Vol C000I lay I Low Bu1 -asl Quote Div Seller C'vr Net P/E Cap imil Hii Comi Hii 20 11.5 1181 s AAGrp 33 15 5000 s ABR Hldgs 32 18 8538 s APStrategic 14.5 2.5 1501 s Advanced System 38 19
      1,860 words
    • 199 24 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 offer
      199 words
  • Page 24 Advertisements
    • 49 24 m 11 fll^uHniHfl I THE EDWARD PIGUET WATCH Le maitre de I'horlogerie depuis 1875 'Ml ill THE WATCH OF YOUR LIFE V^^B M VUUJ Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED jgj^ 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com
      49 words

  • FINANCE & COMMODITIES
    • 360 25 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 22 World Index Preliminan 949.9 0.1 -16.1 0.2 -18.8 0.0 -13.8 EAFE Preliminai 900.2 0.2 -19.7 0.3 -20.0 0.1 -15.0 Euro[ Preliminan 1216.2 -0.5 -21.2 -0.4 -21.4 -0.6 -16.6 Pacific 804.8
      360 words
    • 129 25 As at 9am Jul 23 ingapqre dollars to one unit >f foreign currency: Currencies Bid Offer ,ust dollar 1.3120 1.3270 an dollar 1.3390 1.3540 uro 2.1280 2.1560 Z dollar 1.0220 1.0440 terlinc 2.6870 2.7190 S dollar 1.3490 1.3650 ocal dollars to 100 units if foreign currency:
      129 words
    • 174 25 Offer Jul 23 Bid Overnight 5/16 1-month 7/8 2-months 1 3-months 1 3/16 Overnight mode: 9/16 USS Offer 3/16 3/4 7/8 1 1/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.48 2.63 2.85 3.02 3.25 3.40 3.60 Offer 2.38
      174 words
    • 23 25 Jul 23 en Tl_ IMSCI Jul 359.8 367.4 367.1 aiwan Jul 275 282.5 278.9 Source: MF Global (S) He. Ltd
      23 words
    • 22 25 Jul 23 S$ Bid Offer 1-month 1.3576 1.3592 2-months 1.3557 1.3573 3-months 1.3537 1.3555 6-months 1.3485 1.3504 Source: OCBC
      22 words
    • 155 25 Jul 23 Against SS iurrencies Bid Offer Against US$ Bid Offer $fUS$ to one unit of foreign currency: .ustralian dollar 1.3166 1.3183 0.9684 0.9686 anadian dollar 1.3451 1.3473 0.9893 0.9899 uro 2.1429 2.1453 1.5761 1.5763 Z dollar 1.0246 1.0261 0.7536 0.7539 terlinc 2.7078 2.7112 1.9916 1.9921 S
      155 words
    • 311 25 Jul23 UHbN HI(jH LUVU it I I VOL OP/INT URODOLLAR FUTURES epO8 )ecO8 /larO9 unO9 96.5950 96.3550 8397 3184 iUROYEN TIBOR FUTURES epO8 99.140 99.145 )ecO8 99.095 99.095 /larO9 99.060 99.060 unO9 98.980 98.980 epO9 )ecO9 /lar10 un10 99.140 99.095 99.050 98.965 99.145 99.120 99.055 98.990 98.925
      311 words
    • 280 25 Jul 23 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High I Low Close Sett Volume (tonnes) Open Interest Aug 08 Sep 08 Oct08 NOV08 Dec 08 Jan/Mar 09 429.50 424.75 420.25 419.50 417.75 418.00 RSS 3 (US cents/kg) Month HigJ j!L Low Sett Volume (tonnes) Open
      280 words
    • 103 25 Jul 22 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Aug 08 1416.75 1409.50 1423.00 1388.00 Sep 08 1409.25 1405.00 1416.00 1386.00 Nov08 1409.00 1403.00 1417.00 1383.00 Jan 09 1426.25 1419.75 1432.00 1407.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 08 60.13 59.91 60.22 58.87
      103 words
    • 76 25 CRUDE OIL PRODUCTS Jul22 CRUDE (FOB origin) US$/barrel Close Chanc Brent blend (1-Mth F) 127.89 -2.78 WTI (Near Mth) 127.64 -4.02 Dubai (1-Mth F) 128.59 0.85 Tapis blend 142.65 0.65 Minas 136.8 0.5 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 123.90 165.00 0.45 0.8 US$/barrel Opec Oil Basket
      76 words
    • 468 25 Jul 23 Ind Rs Ru ih Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS AS CS Rmb Euro HKS Australia 0.979 6.614 0.614 7.554 40.948 88.540 1.043 9.808 3.138 1.285 68.570 42.609 1.317 7.261 1.000 29.436 32.314 0.486 0.969 Canada 1.022
      468 words
    • 92 25 Jul 23 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****T 23.10.08 1-Year BY*****N 04.05.09 0.36 0.63 0.30 0.30 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N *****0V 1.625 7-Year N*****0S 2.875 10-Year
      92 words
    • 74 25 Jul23 (US$) (SS) 2.***** 0.***** 6mths 1.***** 9mths 1.***** 12mths 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 3.***** 5yrs 3.***** 7yrs
      74 words
    • 65 25 Jul 23 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi< Low Vol Open Done Position Aug 08 3184 Sep 08 3205 Oct 08 3210 Nov 08 3205 Total o/p: ***** contracts 3050 3184 3060 3035 3207 2970 3027 3211 3027 2980 3210 2980
      65 words
    • 136 25 Jul 23 (USS/oz) Jul22 Jul2. Hong Kong London 971.40 934.5C 972.40 935.5C Jul21 Jul 22 963.40 957.3C 964.40 958.3C Source: Reuters CAST BAR (S$) Jul2. Buyim Sellim Kilobar "44,212.40" ***** PAMP GOLD BARS (S$) Selling Buying tin. 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS
      136 words
    • 67 25 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2985.20 2995.00 3 months 3035.00 3045.00 Copper, Grade A (US$/tonne) Cash 3 months 8351.00 8130.00 8356.00 8120.00 Lead (US$/tonne) Cash 2153.00 3 months 2140.00 2057.00 2050.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3
      67 words
    • 79 25 Jul 22 COCOA (Btonne) Close Prev Hit h/Low SepO8 1452 1463 1473/1450 Dec 08 1457 1467 1477/1455 Mar 09 1451 1460 1470/1450 May 09 1454 1462 1469/1453 COFFEE (US$/tonne) Close Pev High/Low Jul 08 2457 2429 2450/2430 SepO8 2374 2347 2378/2343 Nov08 2313 2288 2311/2280 Jan 09 2235 2209
      79 words
    • 3972 25 BONDS WARRANTS Fel lode Com| Last Sale Vol Conv Exer +or- ('000) Ratio Price >rem Expiry Disc Gear- Mths ing Left >am 5058 Advance Modules GrpW*****3 5036 Advance SCT Ltd W*****9 #ArianeCorp Ltd W*****9 3092 Asia Environment W*****4 1481 #Asia Water Tech Ltd W*****0... 3816 Asiasons Capital Ltd W*****7.. 3756
      3,972 words

  • Page 26 Advertisements
    • 3176 26 m The Business Times Shipping Times M KPfl B^f!lTl-f!l-i!TH-flfftyMrfv!Tff-^^ Mr WAN HAI INTERNATIONAL PTE LTD _.n0 **********0/r m __L*«_E *^^^^fWwMlnffWffmlM VTTr\ ■■>■_■ TEL6226ISSS (14LINES) FAX:*****163 V ■E^Ti^-J" P^_« n B___KSfi I Y\\M 1 WAN HAI INpX Custome.Se.vice/Bookings Direct Une-(1800)*****200 _^L__^^_J I I ll"ll_»V I I ***** Snaß I V V
      3,176 words

  • Page 27 Advertisements
    • 3373 27 to AUSTRAL ASIA LINE |K,jg| H R H H H I S Q®l?^z^ f-O-C-J ASIA AUSTRALIA SERVICE Accepting ContamerACL/Breakbulk/Project \^AiWmS$U H| Hlj o><_-«' BB_________________________________________i I K*^^ WEEKLY EXPRESS SAILING SCHEDULE I CAPE MORETON 08A8 23/07 30/07 03/08 15/08 19/08 23/08 27/08 I Mllflß fflSflfTTllTrilTiWSniMTiFlWffllS^^ CAPE PRESTON 09A8 01/08 10/08 21/08
      3,373 words

  • Page 28 Advertisements
    • 4320 28 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 Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name SIN Dest'n Name Name
      4,320 words

  • PROPERTY
    • 325 29  -  ARTHUR SIM By UOL's Newton Suites has been selected as one of the five contenders for the International Highrise Award (IHA). Having made the shortlist, Newton Suites, which is designed by award-win-ning Singapore architectural firm, WOHA, has been elevated to the same league
      TIM GRIFFITH  -  325 words
    • 318 29 Bloomberg Late repayments on prime loans increase for sixth consecutive month [MELBOURNE] Australia's mortgage arrears rate rose to a record in May as home owners struggle to meet loan repayments which have surged with the highest interest rates in 12 years, according
      Bloomberg  -  318 words
    • 283 30 Both buildings with 999-year leasehold transacted around $1,300 psf of NLA [SINGAPORE] Amid the quiet investment sales market, two small office blocks have been sold in High Street and Middle Road for a total of about $40 million or $1,300-plus per sq ft
      283 words
    • 513 31  -  UMA SHANKARI Elsewhere, Straits Trading asking $162 m for Gallop Gables apartments BY A DISTRICT 10 collective sale site at Robin Drive, off Bukit Timah Road, has been relaunched for sale with a new asking price as much as 40 per
      513 words
    • 268 31  -  ARTHUR SIM By A BEACHFRONT home on the Western Australian coast, just a 15-minute drive from Perth, can be yours at prices starting at around Asl.s million (Ss2 million) to Asl.6 million for the smallest units. This works out to be between Asl,loo
      268 words
  • Page 29 Advertisements
    • 525 29 Approx. 8049sqft (single floor) of Net T XT //I I x. Lettable Area, suitable for owner- occupiers as well as investors n&K /|^v\ 17th Storey Office Tower x— \>s>\. /iPf^V y^ Freehold Land Tenure >s^S. n. /^m S^^^// In close proximity to Rochor Road and >>A, C^ /v& Orchard Road
      525 words

  • Page 30 Advertisements
    • 1462 30 Prime Office Space For Sale Ml READY FOR IMMEDIATE OCCUPATION iMlfJl |C?f±: siisi Theßencoolen BpTJ l_ I t p ri* M** M** m"i dl^l -^^^P^ Choice Units or Whole Floor fcff.f JL£J Vacant/With Immediate Rental Yield A 1 11 Approx. 2,000 sq.ft. 3,500 sq.ft. Vacant Tenancy ending soon ■B&jiflK HL^SI
      1,462 words

  • Page 31 Advertisements
    • 1453 31 BULK PURCHASE WELCOME! I "^^H :^u -a r FOR NwelU Mwcjut,. SALE/RENT 'NS^y^ •17 Choice units -Freehold. High Rental Yield J Xl ij *M »I*J I LfT:! J >X Meticulously Designed Bohemian Lifestyle /SM'O -a homes, investment Good Class Location /^""■Sl! 'Only 2 mins to NovenaMßT& Velocity ~S /•StfLM^ I
      1,453 words
    • 288 31 For Lease Office: 565 to 29,000 sqft Outside CBD/ Free Shuttle Bus Service to MRT Station Panoramic city/ sea view Broadband enabled/ SCV Service available Ample carparking space Hong Fok Group Tel: 6390 2425/ 6292 8181 Prime Strategic Commercial Redevelopment Site I Goldhill Centre Collective Sale Suitable for landmark development
      288 words
    • 44 31 9000sqft and 4500sqft available for Sale Strategic Positioning along Lower Delta and Excellent Connectivity Prominent Frontage with Unobstructed Views Suited for Light and Clean Businesses with more than 600 carpark lots Office to Tenants like Shipping MNCs and Law Firms Evelyn Ng *****899 Newsman
      44 words

  • PRIME OF HEALTH
    • 1112 32 No, you don't have to lie on a couch when you visit a shrink. Two psychiatrists discuss the realities of the job, sans TV stereotypes, with CLARISSA TAN THE doctor is IN. Tommy Tan, psychiatrist, ushers you into his consultation room, which
      1,112 words
  • Page 32 Advertisements
    • 136 32 This is the sixth of a 12-part series brought to you by NOVENA Medical Center NOVENA Medical Center Quality Healthcare. Modern Facilities. Convenient Location. Comprehensive Medical Care. "~~;'*t*_» "_SSS Designed to provide the best healthcare experience in the region, Novena Medical Center centre, medical suites with seamless IT and physical
      136 words