The Business Times, 26 September 2008

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Microfilm: NL29476
Total Pages: 80
1 80 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg «v a Singapore press holdings publication co regn no *****2868E mica (p) 197/08/2008 Friday, September 26,2008
    25 words
  • Article
    Lock icon US rivals join forces to seal rescue deal
    743 1  -  ANDREW MARKS Bush, Obama, McCain put politics aside to ensure bailout goes through; key proposals watered down By in New York THE present and future presidents of the United States are coming together to clear the way for the proposed US$7OO billion
    743 words
  • Article
    Lock icon Li Ka-shing snaps up Bank of East Asia shares, halts share slide
    473 1 Reuters But BEA customers continue to withdraw deposits [HONG KONG] Shares in Bank of East Asia rebounded yesterday after its chairman and billionaire Li Ka-shing bought up stock, while hundreds of nervous customers continued to withdraw their savings
    – Reuters  -  473 words
  • Article, Illustration
    Lock icon Hot wheels weekend
    214 1 IN KEEPING with the mood of the moment, i?r Weefcerarf goes slightly car-crazy. GEOFFREY EU writes about an extraordinary convoy of supercars including Lamborghini Gallardos, Ferrari 4305, Porsche Turbos and GT3s, and an Aston Martin DB9 that recently went on a 1,800 km road trip. SAMUEL EE
    ARTHUR LEE  -  214 words
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      3 1 8 *****1 *****4
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      60 1 Santos 100 chronograph Brushed stainless steel 43 mm case. Self-winding mechanical movement, 28,800 vibrations per hour). Screwed down polished steel bezel assures water resistance to 100 meters, P Scratchproof sapphire crystal. /V^'"' Alligator strap with triple JP deployant buckle. aw^s /sa¥Z*S^^ Gzrtier x Boutiques Takashimaya Shopping Centre, Ngee Ann City
      60 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      45 1 ftz 4 RETAIL AVIATION SHORT SELLING BE INSPIRED I Takashimaya is Budget airlines scramble PENALTIES Zap for daily inspiration. thinking themes for KL-S'pore slots Dealers put names Win a Nikon Digital page 20 page 32 to petition page 2 Camera! page 15 C THE SWISH
      45 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon US rivals lOin forces to Seal rescue deal
        87 2 THE present and future presidents of the US are coming together to clear the way for the proposed US$7OO billion bailout of major banking institutions that would avert the threat of a global meltdown of the financial markets. President George W Bush
        87 words
      • Article
        Lock icon Tuas Power bets on clean coal plant
        57 2 CHINA Huaneng-owned Tuas Power said yesterday it will build a $2 billion clean coal/biomass cogeneration plant on Jurong Island to supply steam and electricity to petrochemical customers. And next week, Japanese/Frenchowned Lion Power, which acquired Senoko Power this month, is scheduled to announce
        57 words
      • Article
        Lock icon DBS reassures its customers in Hong Kong
        74 2 DBS Group yesterday sought to reassure customers in Hong Kong about its stability after "malicious rumours" caused shares of Bank of East Asia to sink as depositors queued to withdraw their money. Responding to media queries, DBS said in a statement issued in
        74 words
      • Article
        Lock icon Time running out for Hapag-Lloyd deal
        106 2 WITH the deadline for bids for Hapag-Lloyd set at the end of the month, reports say the container shipping unit of Germany's TUI would prefer a firm offer by this weekend. But the odds of anything materialising are not looking as good as they
        106 words
      • Article
        Lock icon Rich See Safer haven in lOcal banks
        57 2 LOCAL banks, normally seen as dull and not terribly imaginative, are now a preferred choice of the rich who seek a safe haven for their funds. High net worth individuals typically place their millions with the international private banks which offer a wealth
        57 words
      • Article
        Lock icon Takashimaya plans product range execlusive to S'pore Store
        64 2 JAPANESE retailer Takashimaya Singapore, which continued to achieve record earnings last year, is planning to create a range of exclusive merchandise for its Singapore store to give it an edge over the competition. The retailer is looking at a themed concept like
        64 words
      • Article
        Lock icon China's super rich list longer than Japan's
        73 2 CHINA now has more super rich than Japan, mostly entrepreneurs benefiting from the country's surging economic growth, according to an annual survey by Merrill Lynch and Capgemini published yesterday. Japan is still home to 56 per cent of high net worth individuals in
        73 words
      • Article
        Lock icon India may cap rupee's decline to ease refiners' burden
        50 2 INDIA may cap rupee losses at between 46 and 47 a dollar as further declines will strain finances of state-owned refiners reeling from a rebound in oil prices, according to a former member of a central bank panel. INDIA, PAGE 28
        50 words
    • Article
      Lock icon TP bets on coal power
      538 2  -  RONNIE LIM Genco opts for clean coal plant and biomass cogen on Jurong Island By [SINGAPORE] Competition among the newly-divested generation companies (gencos) here is hotting up. China Huaneng-owned Tuas Power (TP) said yesterday it will build a $2 billion clean coal/biomass cogeneration plant on
      538 words
    • Article
      Lock icon Dealers petition against short-sell penalties
      576 2  -  LYNETTE KHOO They say that SGX move is too harsh on honest mistakes By [SINGAPORE] The penalties imposed by the Singapore Exchange (SGX) on naked shorts took effect yesterday but some brokers are already up in arms, voicing their unhappiness and seeking a policy reversal.
      576 words
    • Article
      Lock icon Umno panel tries to strike a compromise
      454 4  -  S JAYASANKARAN Deal suggests postponing party polls to give PM face-saving exit By in Kuala Lumpur SPECULATION is mounting that a proposed deal hammered out by the management committee of the dominant United Malays National Organisation (Umno) on Wednesday night could see the
      454 words
    • Article
      Lock icon S'pore overtakes HK in financial centre ranking
      419 4  -  UMA SHANKARI It's 3rd globally, behind London and NY, with biggest gain of top 20 By [SINGAPORE] Singapore has been ranked third in The Global Financial Centres Index (GFCI), behind London and New York, according to a new report published by the City
      419 words
    • Article
      Lock icon DBS reassures its customers in Hong Kong
      455 4  -  CHOW PENN NEE By [SINGAPORE] DBS Group yesterday sought to reassure customers in Hong Kong about its stability after "malicious rumours" caused shares of Bank of East Asia (BEA) Hong Kong's third-largest lender to sink as depositors queued to withdraw their money. Responding
      455 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        43 4 ICOMP 1,024.74 -3.66 IIKKEI225 12,006.53 -108.50 1ANG SENG 18,934.43 -27.56 ;et INDEX 621.14 +0.71 JAKARTA COM P 1,870.06 -13.49 IANILACOMP 2,566.37 +56.05 ;eoulcomp 1,501.63 +5.65 ;henzhen B 306.72 +11.77 IUMBAI IND 13,547.18 -145.34 10.30AM EDT Cham )OW 11,011.87 +186.70 IASDAQ 2,188.42 +32.74
        43 words
      • Article
        Lock icon PRIME RATES
        22 4 Bloomberg Singapore 5.38 MALAYSIA 6.72 HONGKONG 5.25 ST. S. BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.63 ND!A 1375 Source:
        Bloomberg  -  22 words
      • Article
        Lock icon FOREX
        40 4 IS$ (S$ per US$) 1.422 (US$/S$ per 1.859 2.64. :uro (USS/SS/E) 1.470 2.091 'EN 105.80 74.4I 3.430 2.412 IK$ 7.772 5.46. !AHT 34.01 23.91 lUPIAH 9,380 6,595 1ENMINBI 6.821 4.791 INDIAN RUPEE 46.29 32.5. 1.194 0.83! IZ$ 1.454 1.022
        40 words
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      323 2 II BEAMED CERR U T I i Announcement It has come to the notice of The Bank of East Asia, Limited ("BEA") that malicious rumours have been circulated questioning the stability of the Bank. The Management of BEA understands that these rumours were first disseminated in Hong Kong via electronic
      323 words
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      114 3 l Of "fti BL I \t- *\J V t KI SBB I Ibbl MM BL V v BF^ fl i^ HlI it- 81. Hb^'l b You never actually [I ffj'Q \"i^ '#,5i fli^l own a Patek Philippe. 11 R JI/Sm You merely look V^^^Bb^B 1 __^^BBlb^b H VI bW I
      114 words
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      146 4 Vorsprung durch Technik www.audi.com.sg /^"^^^^k^^k^^k Audi Our proud racing heritage continues Audi AB. The YIP limousine of the Singapore GP night race. sJ^S |f These limited, exclusive Audi A 8 limousines are now being offered at an exceptional price. A select number of executive Audi A 8 models are now
      146 words
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      120 5 RICHARD MILLE A RACING MACHINE ON THE WRIST fn ifi^jS w d^^ JH till fir CALIBER RM 011 Limited Edition FELIPE MASSA FLYBACK CHRONOGRAPH Automatic winding movement Variable inertia rotor with 0 ceramic ball bearings 62 jewels I Specially designed chronograph coupling system Skeletonized titanium baseplate OFFICIAL TIMEKEEPER Oversize date
      120 words
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  • SINGAPORE GRAND PRIX
    • Article, Illustration
      Lock icon THE ART OF RACING
      91 6 YEN MENG JIIN AS the Formula One Grand Prix draws nearer, not only the track but the buildings around it are being readied for action. An artistic light show presented by Credit Suisse will be projected on to Marina Mandarin Hotel. Spectators will see nine to
      YEN MENG JIIN  -  91 words
    • Article
      Lock icon A mix of Valencia and Monaco, says Hamilton
      308 6  -  NISHA RAMCHANDANI By DESPITE disappointment over having his appeal against the loss of Formula One championship points turned down, McLaren's Lewis Hamilton is focused on making them up when he gets behind the wheel in Singapore this weekend for the world's first
      308 words
    • Article
      Lock icon Town marinas set to add their roar with parties
      579 6  -  VINCENT WEE Private events on super-yachts planned at One Degree 15, Marina at Keppel Bay By HOW much of the Fl action is happening afloat depends on where you are. And as you would expect, the downtown marinas One Degree 15
      579 words
    • Article
      Lock icon Bet with Singapore Pools for Grand Prix outcome
      211 8  -  ARTHUR LEE By WHO will win on Sunday night? If you think you have the correct answer, you may just be able to make some money by placing your bets with Singapore Pools. Lewis Hamilton appears to be the favourite offering odds
      211 words
    • Article
      Lock icon F1 seen boosting motor show turnout
      560 8  -  SAMUEL EE Trade body says buzz is a draw; but show's small size, entry fee may hurt By FAR from competing with the Singapore Motorshow 2008, this weekend's Fl race is expected to boost the attendance numbers of the local motor event. Organised by
      560 words
    • Article, Illustration
      Lock icon F1 tyres cost Bridgestone US$100m per season
      552 8  - F1 tyres cost Bridgestone US$ 100m per season SAMUEL EE By AS the official supplier of tyres to the 10 Formula One teams, Bridgestone deploys 2,000 tyres per race and spends US$lOO million a season. So is it worth it? The answer is an emphatic yes, according to Naotaka Horio,
      ARTHUR LEE  -  552 words
    • Article
      Lock icon Add fun to partying with free water taxis
      262 8  -  NISHA RAMCHANDANI By THOSE planning to make the most of the parties spawned by this weekend's Formula One Grand Prix can hop on a free water taxi along the Singapore River. Sponsored by Johnnie Walker as part of the Join The Pact
      262 words
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      225 6 Your Doorway to Fine Living... Pfilfl I /Z&MzL^k I '^^H 111 IH l.'l I "^Si 1 'rl 8888 BBBBfeL^ '7 a «g- w ■S^ Skypark Somerset I Bel^* r 11 ll sorfl 'Bji Bl —Bjjjj^^^ihUll Waterfront Bungalows Sentosa Cove Set amidst the hustle and bustle of Singapore's retail district is
      225 words
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      89 7 Blackßerry Bold r\ I vodafone GIVE YOUR PEERS ONE MORE REASON TO THE NEW BLACKBERRY® BOLD™ 9000 SMARTPHONE HOD SGPMI-3GSM 3G-1 1..il I <3# W*3 W 3&@ II 3ES wednJiday.May 21 I Blackßerry® Bold™9ooo smartphone I ©m I p]a gi#a<i> "!p un"m,"VAS IHb! Br te3dsjo33j| $548 H** i l y<Hi/J
      89 words
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      467 8 fSlk J- J^JcJXJ dj Ui if) 3 HAMILTON ISLAND HAYMAN ISLAND GREEN ISLAND FITZROY ISLAND ICAII I Hamilton Island is located in the heart of The multi award-winning Hayman Island is This lovely coral cay is just 45 minutes by This is one of the most unspoilt islands on I
      467 words
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      139 9 B Redefining f 1 YOUR SPACE At the new Ascott Singapore Raffles Place, enjoy an evening of revelry with friends in the comfort of your spacious luxurious residence. Entertain with a gourmet JiS^-— spread by our award *b* T" winning chef Julien Bompard, or have your favourite groceries delivered to
      139 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Is the selling now 'genuine'?
      599 10  -  R SIVANITHY STOCKS Market weak throughout the day despite attempts at penalising short-sellers NOW that all the shorts have been forced to cover their positions and that short-selling is outlawed in the US, Europe and many Asian countries, does this mean that the current selling
      Bloomberg  -  599 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      95 10 Up Down Unch Up Down Unch Up Down Unch lulti Ind 0 8 7 0 0 0 0 8 7 lanufacturing 26 73 54 34 79 63 Commerce 22 19 17 25 23 21 )t/Stor/Comms 10 19 11 19 ■inance 10 19 11 19 instruction 10 11
      95 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      106 10 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 10,177 10,177 47,249 47,249 lanufacturing 252,394 14,011 266,405 147,156 931 148,087 lommerce 75,749 3,927 79,676 39,313 847 40,160 'pt/Stor/Comms 93,794 1,016 94,810 206,984 168 207,152 :i nance 21,654 15 21,669 180,551 180,552 lonstruction 9,528 15,152 24,680 1,245 598 1,844
      106 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      104 10 lapitaLand 3.580 -0.130 lapitaMall 2.290 jtyDev 9.320 -0.110 losco Corp 1.800 +0.030 IBS Grp 16.900 +0.040 :&N 3.760 -0.120 Sent Intl 0.460 iolden Agri 0.390 -0.015 IK Land 3.160 +0.070 IMH 27.360 +0.060 ISH 14.080 +0.020 lardineC&C 15.800 -0.080 Ceppel Corp 8.490 -0.130 Ceppel Land 3.050
      104 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      980 10  -  CHOW PENN NEE Wilmar International Sept 25 close: $2.76 Deutsche Bank, Sept 23 MISUNDERSTOOD downstream play that offers double-digit growth: Wilmar is a key beneficiary of growing consumption of edible oils and proteins in China. As the largest refiner, rising industry crude palm oil (CPO) output will raise
      Bloomberg  -  980 words
    • Article, Illustration
      Lock icon Bernanke remarks, bailout doubts hurt US$
      506 10  -  LARRY WEE OVERNIGHT warnings from US President George W Bush and Fed boss Ben Bernanke weighed down the US dollar and some of its weaker Asian counterparts yesterday. Seeking quick passage of a US$7OO billion bailout package from US lawmakers, both highlighted the very
      Reuters  -  506 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 10 Sep 25 VALUE CLOSE BT OB/OS -834.00+198.0 BT CADI -*****.00 -112.0 BT 10-day MA -*****.00 -83.00 FTSE ST Mid Cap 539.48 -6.95 FTSE ST Small Cap 438.97 -4.13 FTSE ST All Share 597.30 -7.87 FTSE ST China Top 268.25 -4.29 FTSE ST China 265.65 -3.38 UOB Catalist
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 10 VOLUME Yanlord 38,872,000 Abterra 35,264,000 Sing Tel 34,210,000 Thai Beverage 26,394,000 China Energy 25,230,000 China Hongxing 25,111,000 Golden Agri 19,941,000 Sunmoon 19,262,000 JiutianC 18,193,000 Capita Land 15,653,000 VALUE(S) Sing Tel 111,619,970 Capita Land 56,702,270 DBS Grp 45,547,540 OCBC Bk 41,031,640 UOB 40,548,110 SGX 39,911,740 Yanlord 38,522,910 Keppel
      58 words
    • Article
      Lock icon RISES
      101 10 lTelSGAePW*****3 CLOSE UP 49 17.5 55.6 Sini Junma 32 14.5 82.9 OCBCC 5.1%NCPS 100 9630 14.0 0.1 Great Eastern 1420 10.0 0.7 HKLand 316 10.0 2.3 Keda Com 16 9.5 146.2 Sini lTelMBLePW*****5 33.5 9.5 39.6 Parkwa 1 Hid. 187 9.0 5.1 STI 2900SGAePW*****0 89 9.0 11.3 JMH 2736
      101 words
    • Article
      Lock icon FALLS
      117 10 CLOSE DOWN 1262 -45.0 -3.4 India Ni 10 Kej T&T 419 -44.0 -9.! DBS Bk6% NCPS 10 ***** -40.0 -0.4 Asia Pac Brew 1220 -30.0 -2.4 SIA 200 1452 -26.0 -1.8 DBS MBLJCW*****0 306 -24.0 -7.3 SPC 465 -23.0 -4.7 GLD 10US$ 8758 -21.3 -0.2 STI2650 DBePW*****1 60.5 -16.5
      117 words
    • Article
      Lock icon CURRENCIES
      83 10 iere! S$ stands Sep 25 CHNG CLOSE FRSep24 YR2008 S$ LOW S$ HIGH USS 1.4210 0.11 1.4542 1.3457 Euro 2.0907 -0.21 2.2064 2.0070 Pounds 2.6398 0.16 2.8431 2.5018 AS 1.1936 -0.07 1.3251 1.1229 Yen* 1.3408 -0.05 1.4484 1.2619 Rupiah* 0.***** 0.59 0.***** 0.***** Baht* 4.1905 -0.16 4.4299 4.0190 Peso*
      83 words
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      58 11 |^0 I "«S§j, H J^S^*"^^- '^E^^^i.^^.irSlßß^aßlll B§F L^^^^jS^^ I I **V%^ B^**"no^ BBBBBBBBBh. *"Sr~^^?*dl^'" I"*'1 ■"T r".^^H^Baß^^^^^aß^^^^^v'' 'rj&fa 1~~~l ''-^J^S < /-BB 5 M I Pm*^ fr^Hr-r jUbt 'I'f'Bßßßf*' 'i»B~ iil^SL IA T^Jri^^"'* BBB_ itJitffe ftW t/ *"t r^lßF'' mBBB 11-' '-bbbbb Era i^bbbbl bbu bbbbbJ Ib^w™?bbT^B^bb^^sl "'-vm7'- r Sk^p
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      237 12 Sitting on 2.5 hectares of prime land, Orchard Scotts is an architectural splendour to I /J^^Hml behold amidst a vibrant, verdant landscape. 1 Within its massive grounds, every single element of this development is carefully thought X v i jlf llL^i^i if |:»1 1 Jl' j»TMf il B ill ill
      237 words
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      502 13 A LEADING DEVELOPER WITH FOUR WORLD AWARDS FEO Offices For Sales Orchard Scotts Residences Central Place Orchard Parade Hotel 5 Anthony Road 1 Hougang Street 91 1 Tanglin Road Singapore Office Residential Singapore *****4 Singapore *****2 Singapore *****5 14 Scotts Road Tel: (65) *****000 Tel: (65) *****688 Tel: (65) *****117
      502 words
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  • COMPANY NEWS
    • Article
      Lock icon Time running out for Hapag-Lloyd deal
      397 14  -  VINCENT WEE NOL expected to drive hard bargain; risk of owner TUI aborting sale looms By WITH the deadline for bids for Hapag-Lloyd set at the end of the month, reports say the container shipping unit of Germany's TUI would prefer a firm offer
      397 words
    • Article
      Lock icon Yanlord dismisses rumours of links with China graft case
      456 14  -  LYNETTE KHOO It denies receiving help from official to get land-use rights By YANLORD Land Group yesterday dismissed market rumours of links with a graft case concerning a former Chinese official and lifted the trading halt on its shares. The rumours
      456 words
    • Article
      Lock icon Rich see safer haven in local banks
      423 15  -  SIOW LI SEN They are taking lower returns in exchange for greater security By LOCAL banks, normally seen as dull and not terribly imaginative, are now a preferred choice of the rich who seek a safe haven for their funds. High net worth
      423 words
    • Article
      Lock icon Is real estate a real break for Thakral?
      541 15  -  EMILYN YAP MOST observers would agree that this is hardly the best time to be in the property business. With economic growth slowing, stock markets see-sawing, credit tightening and construction costs rising, even the big boys in the industry are bracing for
      541 words
    • COMPANY BRIEFS
      • Article
        Lock icon Sunright profit down 49% at $2.1 m
        81 15 SUNRIGHT said that net profit dived 49 per cent to $2.1 million for the year ended July 31 on an 8 per cent dip in turnover to $115.2 million. Sunright executive chairman and CEO Sam Lim said that the introduction of new "quad
        81 words
      • Article
        Lock icon Portek in talks on share acquisition
        81 15 PORTEK International said yesterday that discussions are continuing with a certain party to acquire shares in the company. No agreement has been reached on the possible transaction yet, and there is no certainty as to whether one will take place, said Portek, adding that
        81 words
      • Article
        Lock icon Hiap Seng unit backs FPSO supply deal
        86 15 HIAP Seng Engineering said that its 87 per cent-owned subsidiary, HS Compression Process, has signed a letter of intent with an offshore company for the supply of gas compressor modules worth US$3B.7 million for a floating production, storage and offloading (FPSO) vessel project.
        86 words
      • Article
        Lock icon Hsu Fu Chi recalls tainted rice rolls
        131 15 HSU Fu Chi International told shareholders yesterday that the Agri-Food and Veterinary Authority (AVA) had detected presence of melamine in two of its puffed rice roll products on Wednesday. As a result, the company has recalled all such products from the Singapore market.
        131 words
    • Article
      Lock icon Sharp drop in equity funds' AUM in S'pore
      387 17  -  EMILYN YAP Investors are shifting their money into safer havens, says Lipper analyst By ASSETS managed by equity funds in Singapore have taken a hit due to poor market performance and a migration to lower-risk investments. According to data from fund tracker
      387 words
    • Article
      Lock icon Asean trading board in the pipeline
      90 17 Reuters [MANILA] The Philippine Stock Exchange yesterday said that it plans to enter into an agreement with five South-east Asian bourses to set up electronic links and create an Asean trading board. "It is an agreement in principle," PSE president Francis Lim, said. "The
      – Reuters  -  90 words
    • Article
      Lock icon Hup Soon in Thai joint venture
      271 17 CATALIST-LISTED Hup Soon Global Corporation, which sells automotive aftermarket products, agricultural equipment, industrial supplies and materials-han-dling equipment, is teaming up with a Thai partner to redevelop its property in Bangkok. Hup Soon Global's Thai-based associate United Motor Works (Siam) Public Company (UMWS) has entered
      271 words
    • Article, Illustration
      Lock icon OUB Centre to get $540m adjacent office tower
      411 17  -  EMILYN YAP Development will add 350,000 sq ft of prime Grade A space in 2011 By UNITED Overseas Bank and OUB Centre will invest $540 million to jointly develop a new commercial tower in the heart of Raffles Place. The 38-storey development
      411 words
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      252 14 filll 'J U Win 2 Nikon Coolpix P5O |^L Digital Cameras worth $449 each! Contest ends 30 September 2008. 8.1 megapixels High performance digital image-processing engine 3.5 x Zoom-NIKKOR lens with 28tw wide-angle capability BL Zap Code I bnoughttovoubySPHNewMediaßeLtd I Ludwig Oechslin, curator at the Musee International d'Horlogerie (international watch
      252 words
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      4190 15 VOLUNTARY CONDITIONAL CASH OFFER by CIMB-GK SECURITIES PTE. LTD. (Company Registration No.: *****1621 D) (Incorporated in the Republic of Singapore) for and on behalf of YELLOW PAGES (SINGAPORE) LIMITED (Company Registration No.: *****4719G) (Incorporated in the Republic of Singapore) to acquire all the Issued ordinary shares in the capital of
      4,190 words
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      116 15 The WORLD Ist1 st Global Will Registry Many Wills aren't executed because they can't be found. Now, a revolutionary solution ensures your Loved Ones can find your WILL easily, wherever you are! Global Will Registry™ Offers You Your Family Significant Peace Of Mind! Visit www.GlobalWillßegistry.com NOW for More Details. If
      116 words
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      224 16 tawL^J'Zw' HBisrvgKag B&nI 7 Vr^ijl BHB^*^^^SxLvullnir/^jl :>a!H Bf^sPH HRhH lE*. .■MF^Ai^al iv, Br?H-f^PSn>v«^ BB HnH BjhhSioß9 L^i Ks^Bß I,; sags 'BB Ijjjjjje Jk Jc *r ciSiHft at <JB -^tmT: 3|h ew/^. bUBBJ >i^fcT»^_ H# aw Wim BBfeßl ATBI A'A'Bfßfeßl BIBBmBVBI kTi I BLBwBI ABB'Brßfeßl BjiTATBI ABVA^A"A"B7bB| BE <^; SB .SB
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      56 17 Luxury MPV SU V HYBR /D Fv I_JI I^D I#MO T O R S m HHipHmpihbimCmpim jA _^Hfl HBP fl I ft^l wF.^m I WM ?fl< r if M HHHHBSHHRHHHHHHMHII Organiser: I^=lMl a division of the www.onelifestylegroup.com BOOKINGS For best seats and YIP packages: Call 6220 2854/6220 2380 www.kboasia.com For
      56 words
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      66 18 Greubel forseT INVENTEURS HORLOGERS ART INVENTION A >^ V v Bag a k X. m. Bar Exclusively At SINGAPORE Paragon I t: (65) 6333 6663 6333 6668 KUALA LUMPUR Starhill Gallery It: (603) 2141 3131 2142 3131 T^T^ IT^ JAICARTA Galleria Grand Hyatt I t (6221) 3983 8810 3983 8811
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Takashimaya plans product range exclusive to S'pore store
      752 19  -  KALPANA RASHIWALA New MD believes themed concept will give it edge over competition By JAPANESE retailer Takashimaya Singapore, which continued to achieve record earnings last year, is planning to create a range of exclusive merchandise for its Singapore store to give it
      ARTHUR LEE  -  752 words
    • Article
      Lock icon MAS lays out scope for Fl's trustees
      420 19  -  LEE U-WEN By FINANCIAL institutions (FI) that are appointing independent bodies to help complainants who have bought certain complex products from them have been told to update their terms of reference before engaging these third parties. In a statement issued late last night,
      420 words
    • Article
      Lock icon NUS hosts celebrated environmentalist
      361 19 AS Singapore revs up for its first Formula One race and thousands of locals and visitors converge on the circuit from today, at least one person is looking at the whole experience of burning rubber, noisy fast cars and food and material waste through green eyes.
      361 words
    • Article
      Lock icon S'pore firms to supply Tier One firms in China
      175 19 SINGAPORE companies will soon be able to supply top Japanese automotive companies in China, via a business matching platform by IE Singapore. Meetings that took place yesterday will be followed by site visits to factories of Japanese Tier One automotive firms
      175 words
    • Article, Illustration
      Lock icon Tianjin eco-city could be a financial hub: SM Goh
      500 21  -  CHEW XIANG He will officiate at the ground-breaking ceremony for the 50b yuan project By in Tianjin, China THE Tianjin eco-city project developed by a Si-no-Singapore joint venture could become a financial hub for China's north-east region, Senior Minister Goh Chok
      I DENNIS THONG/LIANHE ZAOBAO  -  500 words
    • Article
      Lock icon WDA, tourism firms to offer 500 scholarships
      212 21 TWELVE tourism companies yesterday signed a memorandum of understanding (MOU) to commit to a programme to tackle the industry's high staff turnover. The Advance with Skills programme (ASP) is a $1.5 million collaboration between the Singapore Workforce Development Agency (WDA) and the Tourism
      212 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon SSO board gets new two-year term
        51 21 THE board of the Singapore Symphonia Company has been re-appointed by Information, Communications and the Arts Minister, Lee Boon Yang, for a new two-year term beginning today. Chaired by Cham Tao Soon for the past nine years, the new 14-member board includes five new
        51 words
      • Article
        Lock icon KhattarWong to work with Thai law firm
        42 21 KHATTARWONG has entered into a cooperation agreement with Thailand's Chavalit Law Group. The firms will cooperate for mutual benefit by sharing precedents, expertise and resources, and referring work to each other on a non-exclusive basis.
        42 words
      • Article
        Lock icon GFIA commemorates its 10th anniversary
        55 21 GFIA, Asia's longestestablished hedge fund research firm has marked the 10th anniversary of its founding in September 1998. Principal and founder Peter Douglas said: "Although our investable universe, and the competitive landscape, have both changed hugely over the past 10 years, we have consistently and
        55 words
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      323 19 I I 1 I E T*\ 1 all il7^^^^^^^^?^7^S^9^^3 dl^^^^^^^l Teak console half-oval w/2drw Teak Coat Af l^^^l (76xii0x30cm) Hanger *s .(Ml HH-titSl 1 TeakYuyu^^^ Teak 1 SN3!|^SHS[^B^ 1'^ £1 Kartini 7~ Towel Rack fy__ ~^-—>^a*r- \mlAi Seateri¥f//M^ (77x40x43an) vSjp' J^^V X^^k H "\iplis9 I Now h4f -H \^f Ir—
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      21 19 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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      1105 21 I nMaybank I BOARD OF DIRECTORS Group Bank 2008 2007 2008 2007 Chairman Tan Sri Mohamed Basir bin Ahmad RM'OOO RM'OOO RM'OOO RM'OOO President and CEO Dato'Sri Abdul Wahid bin Omar Net income 9,630.252 8,853,588 7,475.192 7,218,384 Executive Director and CFO Dato' Aminuddin bin Md Desa Overhead expenses (4,255,109) (3,788,751)
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      22 21 ERA PROPERTY RARE SALE Best of Meyer Vicinity j 2-Storey Modern Bungalow "iff, Ee"Lin 9297 6996 I *V Mike Tan 9680 8406
      22 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon USsBoob budget gaps will be norm: Kaufman
      351 22 Reuters Credit crisis is in full bloom, and is the worst since World War 11, he adds [NEW YORK] US federal budget deficits of as much as US$BOO billion, double the current level, will be the "norm" following a proposed financial system bailout,
      – Reuters  -  351 words
    • Article
      Lock icon Japan logs trade deficit in Aug
      353 22 Reuters Exports to the US posted their sharpest fall ever from the same month a year earlier [TOKYO] Japan's trade balance slid into deficit in August as sky-high oil prices ramped up import costs while exports slowed to a crawl, adding to the pain
      – Reuters  -  353 words
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      310 22 Cellar-brating the start I fcEiikAß) of the first-ever night race! ==^<S f It's time to raise your glasses and delight your taste buds with our premium selection of since 1975 champagnes as we celebrate the hype and excitement of the race. So, clear your palate and head down to Jasons
      310 words
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      130 23 More than 250 years of continuous history -Jf^BF UE ■HH^HJ BM^^HBI Sv 1 &^t^mtlM^ttM^M^M^M^^Mm HaTLi« H I^^F y^^ v^V JBm ■?'tW@&3 jrl' OVERSEAS CHRONOGRAPH w^ Ifciifcl^ll*** SELF-WINDING J 0 42 mm pink gold case. Self-winding mechanical movement. Large date at bl F 12 o'clock. Chronograph functions with Lb 30-minute and
      130 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Maybank gets sale extension from Indonesia
      345 24 Bloomberg It says that it has verbal agreement with no limit to the extension [KUALA LUMPUR] Malayan Banking Bhd, Malaysia's biggest bank by assets, said that it received "verbal" agreement from Indonesia's regulator to extend the timing for its sale of a 20 per
      – Bloomberg  -  345 words
    • Article
      Lock icon Economic growth on track: Najib
      179 24 Bloomberg [PUTRAJAYA] Malaysia's economy is "on track" to meet the government's growth forecast this year even as the US financial turmoil threatens global expansion, Finance Minister Najib Razak said yesterday. "So far we are still able to achieve 5.7 per cent or 5.5 per cent
      – Bloomberg  -  179 words
    • Article, Illustration
      Lock icon Indonesia gold purchases seen rising
      487 24 Reuters Demand for gold bars set to drive sales up by 20% [JAKARTA] Indonesian gold consumption could jump by 20 per cent this year, driven by higher demand for gold bars as investors seek to shield themselves in a volatile economic environment, an industry official
      – Reuters; REUTERS  -  487 words
    • Article
      Lock icon Indonesian steel imports soar on tight supply
      203 24 Reuters [JAKARTA] Indonesia's imports of steel products could jump about sixfold this year on tight local production and as steelmakers build up stocks to guard against price hikes, an industry ministry official said on Wednesday. Imports of semi-finished steel products including slab and
      Reuters  -  203 words
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      34 24 'LUNA J Ji "vm. w li Zi il W^ WL '/MM r l/fli ZA I 1i& w <■ HI lIS BI W Hi 0) A SINGAPORE 581 ORCHARD ROAD 01-17 HILTON SHOPPING GALLERY TEL. *****152
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  • GREATER CHINA
    • Article
      Lock icon China's super rich list longer than Japan's
      425 25 Reuters But Japanese still account for 56% of people in Asia-Pac with US$l m assets [HONG KONG] China now has more super rich than Japan, mostly entrepreneurs benefiting from the country's surging economic growth, according to an annual survey by Merrill Lynch and
      – Reuters  -  425 words
    • Article
      Lock icon Breast cancer cases to climb in China
      377 25 Reuters [HONG KONG] Cases of breast cancer are expected to climb dramatically in China in the years ahead, researchers say, unless women avoid weight gain and limit their alcohol intake two leading risk factors for the disease. Combining the results of a statistical
      – Reuters  -  377 words
    • Article, Illustration
      Lock icon WHO, Unicef calls milk scandal 'deplorable'
      408 25 Reuters [HONG KONG] The World Health Organization (WHO) and United Nations Children's Fund (Unicef) yesterday said that China's contaminated milk powder scandal was "deplorable" as more countries in Asia and Europe banned imports of Chinese milk products. Beijing is battling public alarm and international
      – Reuters; AP  -  408 words
    • Article
      Lock icon China bourses ease buyback rules
      190 25 Reuters Lock-up period cut to 10 days from 30 days [SHANGHAI] China's Shanghai and Shenzhen stock exchanges have shortened the lock-up period preventing major shareholders from buying back listed companies' shares during corporate results seasons, state media said yesterday, in the latest official step to
      – Reuters  -  190 words
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      118 25 Have a taste of The Original 1876 Buddha Jumps Over The Wall and savour the finest selection of wholesome Fuzhou dishes during the Formula One weekend. Call *****655 for reservations. Special opening time for Formula One has been arranged from 26 to 28 Sep 2008 Hi 19 Transportation pickup is
      118 words
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      150 26 X Ah I9HII /f ill m iill Slnaapore MarHott The Pert Hotel Cervtrepoht Hotel Tangs Paragon Orchard Shopping Centre Orchardßoa^^ Wheelock orchard witma Takashlmaya Ec M«»"« Place MRT Station Atria Mandarin Orchard MRT Station OrchardßoulevoTd Overseas t Fonilly School Grange Road -o g i 0 Uang Novotel Court Clarke Ouov
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  • INDIA
    • Article, Illustration
      Lock icon India may cap rupee drop
      498 27 Bloomberg Further rupee losses will strain finances of state refiners, says ex-RBI official [NEW DELHI] India may cap rupee losses at between 46 and 47 a dollar as further declines will strain finances of state-owned refiners reeling from a rebound in oil prices, according to
      Bloomberg; REUTERS  -  498 words
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      465 27 A Brunch Divine A culinary wonderland unfolded before us; choices aplenty complemented with unlimited Champagne. Freshly-shucked oysters and crustacean ChamD<ii?ne Brunch on ice beckoned as did the petit canapes and cheese. Meanwhile, succulent roasts and gourmet creations vied for attention alongside breakfast favourites. The epicurean journey was heightened with an
      465 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Impact of US crisis could worsen: Wen
      520 28 -AFP He also said that China would aid any international bid to defuse turmoil [UNITED NATIONS] Cash-rich China weighed in on the US financial crisis on Wednesday, with Premier Wen Jiabao warning that its international impact could become "more serious" and stressing the
      -AFP; AP  -  520 words
    • WORLD WATCH
      • Article
        Lock icon US will lose economic superpower status, says German minister
        123 28 -AFP [BERLIN] The United States will cease to be the economic "superpower" because of the financial crisis, and Wall Street and the world "will never be the same again", German Finance Minister Peer Steinbrueck said yesterday. "The long-term consequences of the
        -AFP  -  123 words
      • Article
        Lock icon US$700b won't be enough, says Marc Faber
        78 28 Bloomberg [HONG KONG] The US government's US$7OO billion bank rescue plan won't be enough to revive the finance industry, said investor Marc Faber, who forecast the so-called Black Monday crash in 1987. The government should buy out struggling home owners, Mr Faber, managing
        – Bloomberg  -  78 words
      • Article
        Lock icon Credit card firm's ex-staff admit to deceptive tactics
        104 28 Reuters [NEW YORK] Two former employees of credit card issuer MBNA, now owned by Bank of America, said they were forced to use aggressive and deceptive practices with customers in order to boost revenues. Cate Colombo, from Maine, said she signed up
        – Reuters  -  104 words
      • Article
        Lock icon Washington Mutual looks to private equity firms
        68 28 Reuters [NEW YORK] Washington Mutual, the large US savings and loan company beleaguered by losses, has approached private equity firms about a potential takeover after a line-up of listed firms showed reluctance, the Wall Street Journal said citing sources. Carlyle Group and Blackstone
        – Reuters  -  68 words
    • Article
      Lock icon Durable orders fall more than forecast in Aug
      419 28 Bloomberg LATEST US DATA Firms cut spending on slow sales, tight credit conditions [NEW YORK] August orders for US durable goods fell more than twice what was forecast, a sign that slower sales and tighter credit conditions prompted companies to cut spending.
      – Bloomberg  -  419 words
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      82 28 Watch Our Formula One. Taste Our delicious food. Buy Grow your wealth with us. Think Marina Bay IR, Think Sentosa IR f Think I H For investment enquiries, ~~~~^^^^®J^^=3 ;^S-|~" i' S 'P 1 '»">■" w BSSm .^^Ki Hn 1 -i-fiR Q^Rfi R9R9 jd_ cany jsijttics^^s, BfffßPffiffyyyffw^iT^^ Bn^ enoio 1100%
      82 words
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  • WORLD
    • Article
      Lock icon Enron-era accounting rules blamed in crisis
      754 29 -AFP Critics argue it has had the effect of weakening firms, forcing them to raise capital to offset anticipated losses [WASHINGTON] An obscure accounting rule is getting fresh attention in the current financial crisis, with critics saying banks are hurt by being forced to
      -AFP  -  754 words
    • Article, Illustration
      Lock icon Daewoo founder found guilty again, to stay out of jail
      278 30 Reuters [SEOUL] A South Korean court sentenced the founder of the Daewoo conglomerate to 18 months in prison yesterday for trying to avoid paying billions of dollars in fines but let him stay out of jail for showing remorse. Kirn
      – Reuters; REUTERS  -  278 words
    • Article
      Lock icon US$900b aftershock seen hitting US, Europe banks
      754 30 Reuters NEWS ANALYSIS They face rising premiums as debts mature amid frozen primary market [NEW YORK/LONDON] The financial earthquake that shook Wall Street last week may be followed by a US$9OO billion aftershock as bank debt comes due in the next year. US
      – Reuters  -  754 words
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      4456 29 *^4 BSAR3 X^l \^S A. jl^^«> J-J l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg MANDATORY UNCONDITIONAL CASH OFFER STG is a com Pany incorporated in Singapore on 25 March 1994. STG is involved In the retail sale of spare parts and accessories for motor vehicles. As at the date
      4,456 words
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      Lock icon Page 30 Advertisements Column 1
      205 30 Rev up and get #B|lK?' your Pulses now lßr«t,\ Top Story: Is the Fl fever still burning or is it already cooling down? And which industry players are likely to get maximum spillover effects from the race? Exclusive at this roadshow only, subscribe Citigold CEO Chat: Get up close and
      205 words
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      Lock icon Page 30 Advertisements Column 2
      3334 30 w A WATS IN THE MATTER OF IN THE MATTER OF IN THE MAnER THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 OF AND AND THE COMPANIES ACT, CAP. 50 IN THE MATTER OF IN THE MATTER OF AND STAM SHIPPING PTE. LTD. TRISTON INVESTMENT PTE LTD IN
      3,334 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Budget airlines scramble for KL-S'pore slots
      455 31  -  YEN SREENIVASAN Tiger plans 5 daily flights, Jetstar Asia plans 3, Air Asia to increase services By [SINGAPORE] A free-for-all is about to kick in on the lucrative Singa-pore-Kuala Lumpur route, with Singapore's Tiger Airways and Jetstar Asia significantly bumping up flights between the
      455 words
    • Article
      Lock icon Boeing's McNerney sees financing demand and backlog risk
      542 31 Bloomberg Machinists strike may further delay delivery of 787 Dreamliner [BOSTON] Boeing Co may have to finance more aircraft for its customers and absorb some cancellations because of the financial crisis spreading from the US, CEO Jim McNerney said here on Wednesday.
      Bloomberg  -  542 words
    • Article
      Lock icon Alitalia may run out of cash after Sept 30: administrator
      311 31 Bloomberg [MILAN] Alitalia SpA, the insolvent Italian airline, is operating on "a razor's edge" and may run out of cash after a Sept 30 deadline to find a buyer, said Augusto Fantozzi, the carrier's government-appointed administrator. Mr Fantozzi also said
      – Bloomberg  -  311 words
    • Article
      Lock icon Air France 'in talks with with Alitalia bidder'
      89 31 Reuters [ROME] Air France-KLM is in talks to take a 15-25 per cent stake in the Italian consortium CAI that had bid for parts of Alitalia, a source close to the talks said on Wednesday. CAI withdrew its offer for Alitalia's assets
      – Reuters  -  89 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        108 31 '000 >es CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.53 0.31 1.80 0.52 1.20
        108 words
      • Article
        Lock icon KLSE
        32 31 '000 :lse Int'G Logistics JMSC Foreign yisia Bulk Carrie JCB Holdings Jepline Bhd ....0.68 ....8.65 ....8.30 3.06 ....2.99 ....0.10 -0.03 0.20 0.05 -0.04 -0.09 -0.01 17 195 1373 932 47 20
        32 words
      • Article
        Lock icon BANGKOK
        13 31 ■oo thai Precious Ship ...15.90 Regional Cont 13.70 0.10 0.10 609 234
        13 words
      • Article
        Lock icon HONGKONG
        11 31 '000 ikOoil iingamas Cont .20.75 ...1.37 unch -0.03 543 242
        11 words
      • Article
        Lock icon PHILIPPINES
        24 31 '000 >GS0 phil Aboitiz Equity ...7.00 Intl Container 25.50 Keppel Marine unch Keppel Prop unch unch 0.50 unch unch 152 2438 0 0
        24 words
      • Article
        Lock icon TAIPEI
        24 31 [e^ taipei Evergreen Marine ....16.00 -0.35 First Steamship 42.60 Wan Hai Lines 14.50 fang Ming Marine ..11.60 -3.20 0.10 -0.30 6 4 7
        24 words
      • Article
        Lock icon TOKYO
        44 31 '000 [e^ 'en tokyo Kawasaki Hvy Ind 231.00 -1.00 5649 Kawasaki Kisen 722.00 -43.00 6302 Mitsubishi Hvy 478.00 4.00 ***** Mitsui Eng&5bldg ..230.00 unch ***** Mitsui Osk Lines ..1010.00 -68.00 ***** Nippon Express 483.00 -6.00 3432 Nippon Yusen 758.00 -46.00 6566 Source: Reuters
        44 words
    • Article
      Lock icon STX wins Noble Corp ship order
      168 31 Bloomberg [SEOUL] STX Group, owner of Europe's largest shipyard, won a drill ship contract worth as much as US$l.2 billion from Noble Corp, the third-largest US offshore oil driller. The order, the first of its type won by South Ko-rea-based STX Heavy Industries Co,
      – Bloomberg  -  168 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2515 31 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al -ir India (AIC), AY Finnair Oy (FIN), Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl R< Brunei Airlines Sdn Bhd (RBA), E Airlines (BOU), BR EVA Airways Corpn
      2,515 words
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      52 31 mmm xmMMwm IJV I II? L -m Lai T/i (HI 1 JLii lly| Ail v jiift i I Principal sponsor Sponsored by Supported by I W Wi! llelmse. n Isi'AHJS CtW BernimrdSchulte B I\\ Ships Service "MDw V^J^ Shipmahagement Inter Manager WtHOMF HI NORWEGIAN SCHOOL MP A EIUIP" |moMiw.»^,,,,. EJ
      52 words
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      240 32 g> EVERLASTING I Our Sincere Thanks to All Our AIA Customers I The Management Team, Staff and Agency Force at AIA would like to express our heartfelt appreciation to YOU our valued customers for your support and confidence in us during this time. We would like to assure you that
      240 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Sowing the seeds of innovation
      398 33 THE seeds for tomorrow's industries including some which could add new lustre to once-derided "sunset" oil and petrochemical plants are being germinated in R&D laboratories here. With oil prices holding around US$lOO a barrel, after threatening to breach US$l5O not too long ago, companies such
      398 words
    • Article, Illustration
      Lock icon McCain changes tack as public opinion dips
      946 33  -  LEON HADAR He suspends campaign and plans to skip TV debate to focus on financial crisis I HAT a huge difference a week makes in the economic and political opinions of the nation! At the beginning of last week, the major topic of
      AFP  -  946 words
    • Article, Illustration
      Lock icon Expect US turbulence to persist through 2009
      685 33  -  PAUL SAMUELSON THE BOTTOM LINE MANKIND is more ostrich than sage owl. Both in modern macroeconomics and modern geopolitics, optimists think too soon that they can discern a beginning of better days ahead. Earlier, the United States and its allies "defeated" the Taliban
      685 words
    • Article, Illustration
      Lock icon Teaching businesses a human rights lesson
      1163 34  -  CHRIS DERI They should anticipate even greater expectations of their own conduct and practices By THIS year's human rights campaigning around the Beijing Olympics provided business with an important lesson, albeit a lesson through omission. The 2008 Games were certainly not the first time
      AFP  -  1,163 words
    • Article
      Lock icon Yale's Skitter sees a 'turning point'
      710 34  -  JAMES PRESSLEY Bloomberg By WHEN Robert J Shiller looks at the sub-prime mortgage maelstrom, he sees more than Lehman Brothers Holdings Inc and Merrill Lynch Co sliding down the financial drain. He sees parallels to the Treaty of Versailles, the Great Depression and the
      Bloomberg  -  710 words
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      745 34 Lianhe Zaobao I take a J^\ I beating WI las market I I decline I I OAwtinnpC I FORM 69 (3) (Rule 91) NOTICE OF INTENDED DIVIDEND IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF
      745 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8799 35 Transaction date: Sep 25 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld C000) High Low Buyer Seller C'vr Net P/E M Cap Sinil Company 5716 1st Software 16 4 3148 8Telecom 215 5 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 24
      8,799 words
    • Article
      Lock icon SGX CATALIST
      2041 36 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
      2,041 words
    • Article
      Lock icon SGX XTRANET
      73 36 52-Wk Tel h Low Code Last Sale Vol C000) Day lh Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil _Hii Com i Jib ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS
      73 words
    • Article
      Lock icon CLOB INTERNATIONAL
      61 36 Hie Low Code Comi >an' Sale C000) Hie Low Bl rer Seller C'vr P/E $mil 123.8 55 6000 AVJennings.. 20.5 4 6134 Over&Gen 48.5 10 6017 StarCruises 283 155 6019 TanChonglnt ..A57cd ...A8 US10 -0.5 HK170 +10 ***** 3 10.5 170 10 170 52 3 10 121 10.5
      61 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8665 36 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.801/ AIGIF Spore Bond Fund/A 1.297/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.75/ APS Alpha Fund (USD)! A 0.53/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.8585/ APS Komaba
      8,665 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      371 37 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Sep 24 World Index Preliminan 889.4 -0.3 -21.4 0.4 -22.6 -0.4 -21.7 EAFE Preliminai 841.8 -0.4 -24.9 0.0 -26.0 -0.8 -25.2 Euro[ Preliminan 1147.8 -0.7
      371 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      129 37 As at 9am Sep 25 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer Uist dollar 1.1800 1.1940 .an dollar 1.3640 1.3790 iuro 2.0710 2.0950 IZ dollar 0.9640 0.9850 iterline ind 2.6170 2.6460 JS dollar 1.4150 1.4310 .ocal dollars to 100 units if foreign
      129 words
    • Article
      Lock icon STOCK INDEX FUTURES
      23 37 Sep 25 ten STI IIMSCI Se 301.7 305.3 301.5 "aiwan Se 235.8 241.8 236.9 Source: MF Global (S) Pte. Ltd
      23 words
    • Article
      Lock icon INTERBANK RATES
      180 37 Sep 25 Offer Bid Overnight 1 5/8 1-month 1 3/4 2-months 1 3/4 3-months 1 3/4 Overnight mode: 1 3/4 US$ Offer 1 1/2 1 1/2 1 1/2 1 3/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 4.50 5.25
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 37 sepzs Bid Offer 1-month 1.4193 1.4206 2 months 1.4167 1.4182 3-months 1.4138 1.4153 6-months 1.4065 1.4085 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      153 37 Sep 25 Zurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.1908 1.1920 0.8375 0.8378 "anadian dollar 1.3715 1.3731 0.9646 0.9651 iuro 2.0905 2.0924 1.4703 1.4706 IZ dollar 0.9773 0.9789 0.6874 0.6880 jterline ind 2.6431 2.6457 1.8590 1.8595 IS dollar 1.4218 1.4228
      153 words
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      Lock icon SGX DERIVATIVES TRADING
      317 37 Sep 25 OPEN HIGH LOW SETT VOL OP/INT URODOLLAR FUTURES 3ec08 v/lar09 un09 >ep09 EUROYEN TIBOR FUTURES 96.2800 96.7200 96.7200 96.7000 ***** 8004 4350 4070 3ec08 99.125 99.125 v/lar09 99.135 99.135 Iun09 99.120 99.130 iep09 99.040 99.100 3ec09 v/lar10 Iun10 >ep10 99.125 99.135 99.120 99.040 99.125 99.170
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      Lock icon SICOM FUTURES
      289 37 se P 25 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Oct 08 Nov 08 Dec 08 Jan/Mar 09 Apr/Jun 09 Jul/Sep 09 399.75 397.50 395.00 393.25 394.75 396.25 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes)
      289 words
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      Lock icon CHICAGO BOT
      102 37 Sep 24 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 08 1187.00 unch 1208.00 1178.50 Jan 09 1203.75 unch 1223.00 1197.00 Mar09 1217.50 1218.25 1238.00 1211.00 May 09 1229.50 1230.25 1245.00 1225.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 08 47.70 47.74 48.53 47.50
      102 words
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      Lock icon CRUDE OIL & PRODUCTS
      77 37 CRUDE OIL PRODUCTS Sep 24 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 103.89 WTI (Near Mth) 105.23 Dubai (1-Mth F) 98.27 Tapis blend 109.80 Minas 104.70 0.32 -3.05 0.71 0.85 0.85 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 91.45 125.20 -2.05 2.15 US$/barrel Opec Oil
      77 words
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      Lock icon INTERBANK CROSS RATES
      466 37 se P is AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.868 5.713 0.570 6.510 38.771 78.572 0.886 9.702 2.873 1.218 65.550 38.896 1.191 6.839 0.909 26.810 28.484 0.451 0.838 Canada 1.152 6.581 0.656
      466 words
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      Lock icon GOVERNMENT SECURITIES
      92 37 Sep 25 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****N 26.12.08 1-Year BY*****N 04.05.09 1.40 1.49 1.4 1.24 1.32 1.32 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****T 4.625 5-Year N *****0V 1.625 7-Year N*****0S 2.875 10-Year
      92 words
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      Lock icon PRECIOUS METALS
      132 37 /oz) Hong Kong London 886.40 891.30 887.40 892.30 Sep 24 Sep 23 888.00 900.15 890.00 902.15 Source: Reuters CAST BAR (S$) Sep 25 Buying Selline Kilobar "43,595.01" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 oz UBS Kinebar™ 97.37 277.13
      132 words
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      Lock icon SIBOR
      78 37 Sep 25 (US$) (SS) 3.***** 1.***** 1 mth 2 mths 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 3.***** 1.***** 9 mths 3.***** 1.***** 12 mths 3.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths
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      Lock icon PALM OIL
      61 37 Sep 25 Delivery Month Opening Sett Av Range Price Price Hie Vol Open Done Position Low Oct 08 2261 Nov 08 2255 Dec 08 2275 Jan 09 2284 Total o/p: ***** contracts 2250 2330 2261 2264 2340 2255 2280 2351 2259 2281 2357 2272 Turnover: ***** Market tone:
      61 words
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      Lock icon LONDON METALS
      67 37 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2450.20 2457.50 3 months 2503.00 2510.00 Copper, Grade A (US$/tonne) Cash 3 months 6926.50 6910.00 6992.00 6980.00 Lead (US$/tonne) Cash 1981.00 3 months 1995.00 1987.00 2000.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3
      67 words
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      Lock icon LIFFE
      75 37 Sep 24 (£/tonne) Close Prev Hii ih/Low Dec 08 1529 1502 1540/1501 Mar 09 1553 1523 1565/1523 May 09 1551 1522 1561/1538 Jul 09 1556 1530 1563/1552 COFFEE (US$/tonne) Close Pev High/Low Sep08 2112 2100 2115/2115 Nov 08 2132 2119 2141/2102 Jan 09 2160 2150 2168/2132 SUGAR (US tonne)
      75 words
    • Article
      Lock icon BONDS & WARRANTS
      3103 37 BONDS WARRANTS Pel lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left >058AdvanceModulesGrpW*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 3092 Asia Environment W*****4 7 1481 Asia Water Tech Ltd W*****0 ..18.5 5816 #Asiasons Capital Ltd W*****7 4 !756# Asiatic Grp(H) Ltd W*****2 9.5
      3,103 words
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      2564 38 m The Business Times Shipping Times Mk l^^^ff^J^^^^Bff^l^^^ffi^^^i^W WAN HAI INTERNATIONAL PTE LTD cr NO: N*****0000/r W^L A IS ■:faigMlWJm»f»k^WWffiaßMiHl TEL *****588 (MUNES) FAX:*****163 V •iF T W|fSJF^W EsHaCE IgfWiHJUS YAM 1 WAN HAI INpN Cusloinei Setvke/Bookings Dire<l Line (1800) *****200 m X A rf» I I 1"1.*1t1* I I
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      3411 39 RICKMERS-LINIE |||Tgn EASTERN CAR LINER, LTD IPS c^m I uSe!" 0"'6'""7"16"7506 COnVen"Ongl WebS"e: ~Htkmer^- lf-5J I SPECIALIZE IN RORO HEAVY UFT UPTO 450 ToTJTI WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov "I SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB I NEN I
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      4991 40 PSI H 19 H H H I Is andersen. *I:6s62e:ss:i T^^m7Hiaimriimßi!tm\ mi'Mmf:gM ISM MSB r\ s HippiN G company/ 70ShentonWay, #21-03 Marina House Singapore *****8 ■KM "■"nl MHWHIftI lUil UllUUr I W^^^mI^KfSISWSIPSIKIMSKM MMI Hi NORTH WEST EXPRESS LINE ®,£*m%k<*% «WS*l MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [laIES a« aHIVaI
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  • executive lifestyle
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      Lock icon Corporate soirees for VIP guests
      1534 41 By the time Fl practice sessions kick off tonight, parties will be in full swing to promote brands and even to raise sports funds, reports CHRISTOPHER LIM THE eyes of the world may be on the track at the first Formula One night race this
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    • F1 ENTERTAINMENT
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        Lock icon Let the music move you at F1 concerts
        557 42 Chinese singer Sa Ding Ding, Grammy-winning jazz singer and pianist Diana Krall and vibraphonist Dave Samuels are here to entertain, reports CHRISTOPHER LIM FOR some people, the sound of a Formula One car even when you're cocooned behind ear plugs is not
        AFP  -  557 words
    • CINEMA
      • Article, Illustration
        Lock icon Far from perfect but still uniquely Woody
        591 43 Vicky Cristina Barcelona is a generally light, sometimes provocative and often delectable tale of art, love, romance and personal discovery, says GEOFFREY EU THE special charm of a Woody Allen movie always lies in his writing, which at its best is a wonderful
        591 words
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        Lock icon Intensely emotiona and unforgettable
        432 43  -  AMANDA DE GUZMAN By My Magic, director Eric Khoo's latest exploration of individuals living on the fringes of Singaporean life, is an emotionally ambitious, discomfiting film. Khoo points an unflinching camera towards an alcoholic father the excellent Francis Bosco attempting to make right by his son
        432 words
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        Lock icon Tightly wound thriller cuts to the chase
        278 43  -  I AMANDA DE GUZMAN By The Chaser (Chugyeogja), is a sharply executed, tightly wound thriller from first-time director Na Hong Jin. While not as labyrinthine or unconventional as other Korean movies that have recently reached foreign shores Park Chan Wook's films come to
        278 words
    • WINE/MUSIC
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        Lock icon Matching Alsace wines with food
        1049 44 Alsace wines can be and often are drunk young, they are best when they have had at least 10 years in bottle, reports N X YONG THERE is one region whose wines suffer from great neglect when selecting wines for food and that is Alsace.
        1,049 words
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        Lock icon Live, All Hope shine but Vanilla's bland
        497 44  -  CHRISTOPHER LIM CD REVIEW Live For You Y2J Universal Rating: B+ All Hope Is Gone Slipknot Roadrunner Records Rating: B+ Vanilla Leah Dizon Victor Entertainment Rating: C By JUDGING the true quality of acts based on albums is a tricky proposition. If you
        497 words
    • ARTS
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        Lock icon Look no further for Asian antiques
        783 45 Singapore strengthens its position as an international arts hub with the opening of a fine antiques gallery and the unveiling of a world-class art storage facility, reports CHEAH UI-HOON TRADE realities are such that if you wanted the best products of a country, you
        783 words
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        Lock icon Art storage facility's Ist phase all booked
        591 45 SINGAPORE is taking a concrete step towards becoming an international arts hub, with lots at the $60 million state-of-the-art, high-security storage facility dedicated to offshore fine arts storage in Changi fully taken up. Though The Singapore Free Port, modelled after freeport warehouses in
        591 words
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        Lock icon Drawing endless inspiration from his surroundings
        689 45  -  EMILYN ANG By THINGS are changing in Vietnam's art scene. Following the unprecedented rise of Chinese contemporary art, emerging Vietnamese artists are churning out artworks in the hope of catching the eye of auction houses and buyers worldwide. The downside is that popular young
        YEN MENG JIIN  -  689 words
    • ARTS/GAMING
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        Lock icon da:ns festival returns to please
        605 46 Well-known companies and dancers are expected to be well received by fans when the annual dance event takes place in October, reports UMA SHANKARI SINGAPORE'S biggest dance event, the yearly da:ns festival, returns in October with some well-known names that are sure to please fans.
        605 words
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        Lock icon Exploring the flip side of progress
        499 46  -  BEN MUNROE By "BOOM!" goes the economy, fuelled by ever-escalat-ing property prices, and "boom!" go the pile-drivers creating foundations for the shiny new edifices that are the symbol of this burgeoning prosperity. But it's a quieter sound that heralds the end of dreams and
        499 words
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        Lock icon Morality claims the spotlight
        876 46  -  CHRISTOPHER LIM By MORALITY is a relatively new addition to video gaming, but when Fable II is released on Oct 21, it's set to take ethical ramifications to a whole new level. In the old days, the goal was just to win a game, without any
        876 words
  • Page 41 Miscellaneous
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      165 42 n Hill /m*] V--1 itrwS^TT/J/ Us f£ "^^^*M r .^^^P^^t^^^^^rf^l i The VINTEC VISOSG2E VI9OSG2E A Revolutionary Wine Cellar There is an idea temperature for storage, another for serving white wines, yet another for red wines. For such varied temperature requirements, VINTEC has launched the new and larger capacity electronic
      165 words
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      592 42 tty, Showcasing Singapore's offerings (~^!p-^^_ Sifts- THIS year, the fifth IndoChine Festival ups the Bj> ante by coordinating their events with the m^flßp* inaugural Singapore Grand Prix season. Originally organised as a series of events where the cognoscenti could mingle, the Festival has I seen guests such as Princess Madeleine
      592 words
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      328 43 PORT MORESBY PRIVATE HOSPITAL I I *J EXPRESSIONS OF INTEREST F^T 1 H The Independent Public Business Corporation (IPBC) JA seeks expressions of interest for the utilisation and l^-^-^l^-^J T t J 1 development of Port Moresby Private Hospital (PMPH). ■■■■■■■[■■MMBMfIkHHHfII PMPH was completed in 2000 at a cost of
      328 words
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      224 43 CRYPTIC CROSSWORD ACROSS melee (12) 4 Get goals away to win j^^^H^l r f. t :i off (6) BBi HBJ B^ Ih| WU hfl son n P ort (^.5) 10 Used to be in a job (8) r r~^| II II '~'°'c' 3ac^ anc' snower a^er 12 A cheese that's
      224 words
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      132 44 m^^m\mmW^m\^^m\W^mmmm\ m I ill I 4 II i I M Fl if v Mnir <T 1 r 4 w Jr A '''WAV- Jf r y I" yfc' /J li FCorndale Consultants IJj > one of the greatest source L I of Bordeaux's rarest wines I i 11 in Asia Pacific
      132 words
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      210 45 Shaken, Stirred or Blended? Get it fabricated KffißSffltlMffti^^ Three Generations of Experience 1 1 J ■■■■■■■■■■■■■■■■■liH S4S Orchard Road #03-01 H wm£ FOQD j MOQD Y^ fl^Gw fc Far East Shopping Centre "»ii"n I I I "^JB Singapore *****2 v V^ Tel: (65) 6235 2516 Discover Halian aperilif, a unique
      210 words
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      573 46 /9 k' WE BRING YOU CLOSER TO JAPAN Ji^ Lr^-^S' /kJ^I K*£fl P^^^^^P^TfMl Mm. spend of $5,000 MB Mm. spend of $2,000 <? VMMb' k)&\ H for Japan group tour for Japan F&E group H^l I*-i J ■^SdIBpBbMVWHn|M4haAAI^MU I packages to receive i tour packages to ■3|H|3|ijaßyMiil(3^ a Canon Selphy
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      165 47 t ,thtyffli%£ffiflL !?;i''M'"'jlr iltWJjwlV's- >»esS^*ulwißjW BB I KWffM^if fffflkW-i uz sWiwirt »?'lfcl" atßfejnnrf{erv-VjkL, t r 1^ II I rjfe?; v 4| SINGAPORE RA LECACY OF Founded upon a tradition of luxury and world class excellence, the St. Regis is an icon or classic elegance and sophistication. We are proud to
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  • HIGH NET WORTH THE BUSINESS TIMES
    • Article, Illustration
      Lock icon GROWING WEALTH
      442 48  -  GENEVIEVE CUA STOCK markets have fallen sharply this year, soaking up a substantial amount of wealth. Consultants, however, remain optimistic that global wealth remains on an upward trajectory. Merrill Lynch and Capgemini, for instance, expect the Asia Pacific wealth market to grow by nearly 8 per cent a
      Photo: STOCK.XCHNG  -  442 words
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      97 48 II llv I*^ l?l"^l ["^Vif r- 1 .jfftim B|^M\ ////////////mm .^nyiw Ijt Exclusive Freehold 42 Units Development Deferred Payment Scheme Available 1 Luxurious Quality Finishes Throughout Foreigners Eligible Singapore Chinese ji \ll//x\\ Girls' School Junior Collß9s Primary School I Centre Church y^f Ttie Chinese HwaChong S l3l' 0" C°rArcade 1
      97 words
  • Page 48 Miscellaneous
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      33 48 I CONTENTS: Challenging times for markets page 2 Art an alluring asset class page 8 Prime areas beckon page 16 XL still attractive option page 28 Off to a flying start page 31
      33 words
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  • HIGH NET WORTH WEALTH
    • Article, Illustration
      Lock icon Challenging times for markets
      3135 49 THESE are dramatic times for financial markets, with stocks plumbing new depths, even as the US debates a US$7OO billion fund to support financial firms. Here, a panel of experts share their views. Please share with us your outlook for global stocks and bonds over a
      3,135 words
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      Lock icon Diversification is key
      990 53 The successful use of alternative investments can sharply reduce risk, a good example being the Yale endowment fund, writes dirk steffeim ALTERNATIVE investments continue to grow in importance as more and more conservative investors such as pension funds now use them to improve the risk-return profile of
      Yale Endowment Report 2007  -  990 words
    • Article, Illustration
      Lock icon The appeal of fine wine
      1098 54 Wine investing has become so popular that it is not uncommon to hear of laymen dabbling in wine funds or wine futures, says luke peimc LIFESTYLE investments are all the rage and with increasing affluence and exposure, the wealthy are finding new and alternative investments.
      AP  -  1,098 words
    • Article, Illustration
      Lock icon Art an alluring asset class
      1801 55 Andrew f littlejohn explains why he is convinced that investment grade fine art is the single most attractive investment opportunity in any market, but especially in today's rocky economic environment RECESSION; credit crunch; mortgage meltdown; Bank X failures; government bailouts. This dire outlook has driven
      REUTERS; AP  -  1,801 words
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      Lock icon Key to effective wealth transfer
      1735 57 odd haavik looks at the growing use of life insurance solutions by individuals, families and businesses SINGAPORE'S population of high net worth individuals (HNWI) continues to grow at a rapid pace, according to the Capgemini/Merrill Lynch World Wealth Report 2008. Despite at best moderate returns
      1,735 words
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      Lock icon Keeping it in the family
      1092 59 June lee takes a look at family-founded businesses, the challenges they face and how they maintain a successful and harmonious outfit NINETY per cent of businesses across the globe were founded by families. They employ half the world's workforce and contribute half of the world's
      STOCK.XCHG  -  1,092 words
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      Lock icon Borderless banking and the global citizen
      1295 59  -  CHRIS WANG By The global citizen is a group that has multiplied fast with a reported 4.7 million expatriates living in Asia-Pacific. In particular, wealthy families are increasingly global families. According to the Capgemini Report (2006), at least 28 per cent of the ultra
      STOCK.XCHG; Standard Chartered  -  1,295 words
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      66 49 |^E3O We look at things from a different perspective for the benefit of our clients. Building on our experience and expertise to drive innovation is an approach we share with the BMW Sauber F1 Team. By challenging conventional thinking we help our clients realize new opportunities. This has been our
      66 words
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      321 50 ENDURING MASTERPIECES EVERY CREATION IS AN INVALUABLE WORK-OF-ART mw *4bbbbl mm^ \\\\\j^m\\mm\\m¥ I m.vßr H B«aeaea»«j^Ba<aaa«aaeaea«)jjji isj^ftium/ 3Dr r. EpHIL **Trf?r7ffSiEffit*a^ rT^Bt. L«_^., K W^M g& fa n^'i^H HELIOS LE NOUVEL B^^^i« L'VIV Bk« -f'i V?m H .LEXANDRA B^^q^fl £*J RESIDENCES ARDMORE WtO* KWH r S3**^3^^ VKI 9fttl I a<F%
      321 words
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      81 51 gy p«'»«««='«^'* 1-'^^ Intelligent Balance 3»V^-^SjC" ■.-;.</ jZ-T^^^^^ j IBS b ruel etticiency a \ik ■S W^B^s^^^S ttl^^^^k. I lower emissions KetinQinent The future of luxury V I W> Perfection The art of technology I lt--<H I Hi BORNEOMOTORS(SINGAPORE)PTELTD33LENGKEEROADSINGAPOREIS9IO2 LEXUS SALES TEL: *****288/*****811/*****822/*****833 OPENMON SAT-SAM TO 7.30PM SUN-10AMTO6PM (Zi L£XUS
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      233 52 In partnership with y JL MITSUBISHI 1 ELECTRIC Changes for the Better Our Environment Sustain and Enjoy Mitsubishi Electric Tf js<£&riSUtE X Air-Conditioner A MITSUBISHI ELECTRIC M ENERGY EFFICIENCY RATING H Energy Consumption kWh per hr Cooling Capacity: 9.01 kW MITSUBISHI ELECTRIC Split type (inverter) air-conditioner MXY-4A3BVA Tested in accordance
      233 words
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      126 54 ST\ 1 >■'■■■■ At ÜBS Wealth Management, we dedicate ourselves to the financial issues that really matter. Yours. We know that today more than ever you want a financial advisor who devotes time to understand your needs and goals. You deserve the benefit of more than 140 years of knowledge,
      126 words
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      445 56 k MARINA BAY FINANCIAL CENTRE SUCCESS COMES WITH THE BEST ADDRESS I H(§il!|p|3!§|*J r =h| |^::i^^^-SiV-i^^l I" ■*n"M£\ I B^Ss^—^^^a»Pßl \M I;:^ s^Krri r .•'•/-'.■■'^■■si 'lII l„i«i ■nn"* I*^,-*'o-s I .Bj=^==S^v^s?S,P|!| ".^'^SMSMgn^^^^^^B |<■ I iJi**'-" aC\jl I rwLl -:-"*^"^siS"^-- ~"-~r~~ l^i^St-7^^^""^-•■ saffr^d |T»^»««»-" ,"',>v..' *v I rjKSiS^iflSt^?^-*^^^^ —"I~- sliiii t
      445 words
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      200 57 martinplace Ml* §m RESIDENCES T There is only one place where your love for the finest in the world is indulged to the fullest. v'iii^3i^^^ And it is right in the heart of the city. Rising 33 storeys above River Valley, Martin Place Residences is a freehold home worthy of
      200 words
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      684 58 Advertising Feature l\fe*>tv\le. "jour «^os\iajOl. Uo*^e. Sai/ Up tc> %>or I\v\m /t*?^ B^ °n wee^ di' *c off wf a le«ure|yround of T f '*at the J Sentosa Golf Club, or indulge in a luxurious spa at The Sentosa Welcome aboard to the future of privileged living. Set sail on
      684 words
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      269 60 NASSIMPARK RESIDENCES A MASTERPIECE by Chan Soo Khian, Christian Liaigre, Shunmyo Masuno In the heart of Nassim, Singapore's most desirable neighbourhood, comes the unveiling of Singapore's most coveted freehold address, A unique collaboration between three internationally acclaimed creative minds, Chan Soo Khian Founder of Singapore-based SCDA Architects. Hailed for groundbreaking
      269 words
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  • HIGH NET WORTH PROPERTY
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      Lock icon Fairly sound fundamentals for GCBs
      1055 61 Prices of Good Class Bungalows are expected to hold steady at least for the rest of the year, steveim miimg and aviim scow explain why GOOD Class Bungalows (GCBs), as defined by the Urban Redevelopment Authority (URA), are bungalows that sit on at least 1,400
      Savills Singapore  -  1,055 words
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      Lock icon S'pore prime areas beckon
      1057 63 High-end homes in these exclusive areas appeal to foreign buyers whose numbers have risen over the years IN Singapore, Districts 9, 10 and 11 are traditionally recognised as prime residential areas. Districts 9 and 10 are located around the main shopping belt of Orchard Road (Orchard,
      Knight hrank  -  1,057 words
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      Lock icon Developers tap starchitects for added cachet
      879 63  -  ARTHUR SIM By THE phenomenon known as the starchitect has been around for a while but it was only after 1997 when the Guggenheim Museum in Bilbao, Spain, became an international hit did these architects become global celebrities. The Guggenheim Museum in Bilbao was
      879 words
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      Lock icon Pulsating Marina Bay
      1268 66 This new prime area for living, working and playing will become even more vibrant once Marina Bay Sands is ready, writes ham huaim mci FOR a long time, when the question was asked, "where do wealthy Singaporeans live"? The answer would either be "the bungalows in Tanglin,
      URA; CBRE Research  -  1,268 words
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      Lock icon Sentosa Cove coveted address
      2073 68 chia siew CHUini and Audrey taim look at the projects that make up Singapore's exclusive marina residential community FANCY revelling in a resort home that's just under 15 minutes from the central business district and shopping malls? Where can you enjoy a round of golf at
      2,073 words
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      Lock icon Spoilt for choice
      1360 70 Home buyers have a wide range of projects to choose from that will match their lifestyles, write chua chor hoom and ***** kah semg PROPERTY investment requires substantial capital outlay and it takes a longer time to dispose of it compared to other assets like shares, especially
      1,360 words
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      Lock icon Branded residences set to take off
      1358 72 Still in its infancy, the branded residential market in Asia has the potential to grow, write desmoimd sim and melissa simg COMING home to an immaculately kept apartment with all the creature comforts or having a beach retreat at your own private villa with
      1,358 words
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      Lock icon KL's still an attractive option
      1098 74 The area around the city centre is generally popular with the well-to-do due to its prestigious address, writes paulime rig HOWEVER much Kuala Lumpur may have changed over the years, the addresses sought by the elite and well-to-do remain much the same. The area around
      1,098 words
    • Article
      Lock icon HK luxury housing market unruffled by economic turmoil
      1154 74  -  DONALD HAN By SO far this year the financial turmoil elsewhere has had surprisingly little effect on the luxury residential housing markets in Hong Kong and Singapore. Following the demise of Lehman Brothers, the takeover of Merrill Lynch, and the strong possibility
      1,154 words
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      Lock icon Opportunities in the Middle East
      1385 75 Amid economic gloom, Gulf property markets have shown surprising resilience, writes coliim tai\i AMID the heightened uncertain global economic outlook and the doom and gloom afflicting many of the world's real estate markets, the Middle East housing sector has been demonstrating surprising resilience especially given
      1,385 words
    • Market comment
      • Article
        Lock icon DUBAI RESIDENTIAL MARKET
        94 75 As at end-June 2008 Occupancy of high-end segment is in the high 90s. Prices are expected to jump 35% this year before slowing to 8.5% in 2009. Some analysts expect the market to correct 10%-15% in 2010. There have been calls to introduce a 50% capital gains
        94 words
      • Article
        Lock icon ABU DHABI RESIDENTIAL MARKET
        187 75 Housing occupancy is in the high 90s. Rents have already risen by an average 22% in the first half of 2008. There may be a reprieve with the imposition of rental cap but owners are expected to work around the new ruling. The supply shortage is
        187 words
      • Article
        Lock icon DOHA RESIDENTIAL MARKET
        161 75 Chesterton International Housing occupancy is in the high 90s. There is general undersupply across all segments of market owing to the demolition of old buildings in some areas like Al Bida, Rumaila and Al Rayan for the state sponsored beautification drive and to build modern structures. Rents
        Chesterton International  -  161 words
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      855 61 Advertising Feature ~.y each home enhance the living Bpinj^fxj t k experience. Thanks to a clever W^k combination of full height, wide aSJBjjK sliding window/door panels and bay windows with planter boxes, residents will enjoy abundant natural light and 5» fresh breeze, as well as scenic views. f yj% gL^^H
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      194 62 mm* The Ritz-Carlton Residences® Singapore, Cairnhill IdjjjA m 1. |'!I| y w SKG.TOffi,CAiRN[ia H| B^pßj^^^gßßHßJßF^^ y "Jf ,JBM W ImT'^wK^ B l ■V 0 MBmmWm faaeiaHiff^^^'^HMM bbbeb^ bbbs is9bbbbbbbbbbbbbbbbE First in Asia Freehold Ritz-Carlton Residences for Sale The Art of Living Be Pampered by the Legendary Ritz-Carlton Services An Exclusive
      194 words
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      75 63 A modern day supper club with a nightly showcase ILLIIIIP^B. Illl^™ I I I j^\ II of popular classics, featuring an international cast ___I L,gT I I I K^wJ I and a 18-piece pop orchestra. I jl I I I I I GRANDE Introducing a new realm of live entertainment.
      75 words
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      179 64 Your Invitation !^_M to a Very Special Sneak Preview S*-— tj;£j-^j[_ 11- i nil Discover the subtle wonders of Pare CENTENNIAL. PSEi^H.' la. This contemporary masterpiece is only minutes away from Orchard Road quietly located close to Newton, P****Ei the new ACS and the CTE and yet it optimises its
      179 words
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      713 65 pM NOVENA IJ^F^lJpiJplk jfIST! itv till Artist's Impression O *-r <^ y' i No PROJECT DEVELOPER LOCATION k^i >»vas'**to w\ I i-rW R rai 1 1 Marina Collection Lippo SentosaCove fc^__^te^L^W I fin V Plmbk lavender W UJ W^^^L^^b^^X VI JUj; r 2 Reflections at Keppel Bay Keppel Land Keppel
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      512 67 4V A<V^ ©SHELFORD I .AT j *A mw r I'^ ''-^WIBaBPP^S aBBaT BBk^B. NBBBBPV?^ W-' '>' ---B^^ V aflW BBBBBfI BBflM Plw'SMhEwte^ *+> 4m\W mmr Awmmmm^. -■■Sbg. ji-:jjj^M ■Saa'V^JaF* m ~t r^ viK BjWaßlßP^3 :iB BB^ B^^^^^-eBjU-'TO^jT^TCr'.. r I afIBBJ mm' BBBt^Bl BEY L i,'*^*- X *a-t i-jt r BBBBBBBBBBBBBBBBBBBBBBBBBBnBKOIBB^'S
      512 words
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      211 70 tf\ MMrTJB H^IKIH White beach resort 0»i fjmZil-. BL Boracay .^^^^PB voted best beach in the world by National Geographic The only 5-star development of 106 residential freehold apt: bBBL> JBBL BHi evated site with panoramic sea T^^sSh i^^^H <H^^K rainforest views fll P«| |^HEg^|B|K||i^ Integrated management company to handle
      211 words
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      374 71 Atk s1^ UUhere space redefines the way you live... t urban oasis -~K T*"*"™" V^KnPasB^r r -J"J>sP* fjr jmm A~aaaaaa BBj I /%W >_f jungle and embrace t &y' t-~'9& =.^Bsssaaas> ail >*! m f\ It sun-kissed sanctuary S^^4fc r^pS**^ P*BBBBB* f 1Wm S^'\\,\ /YUj nestled in a peaceful dl
      374 words
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      392 72 A signature development of NUSAIAm www.nusajayacity.com A million-ringgit view, up to seven rooms, and a porch for your S-Class, Cayenne and C3O. KSi^^S mSFWH ■^isJil-jjyi W 31 themed gardens. The Ledang Urban Retreat with |B_l__^^_3*^^ |i^^^ leisure and community activities at your service. ■2^^ C^^^B S^^^B The Anjung for shopping,
      392 words
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      401 73 raaaeaaaaS -FffH SB|<" S- .1 EuQ BBK^g^Bjß V *^^S^ H? ./mJ flflEESaSfll HS^lTa BfgjlE^^^^^ *'a^^??JJ'*fflß V flfll^ fl H.. l*~~HB» BBIBWwTb 1 ißil I I Id I |Tv4CtCbi BfJEC) Irirtri V"s*l j^B^P^^y^^BßS'Bßi BBLe^X^l B JI*. 11 f* Lj |wBJ 11 |wja» 1 1 B-w^CßJ^flyJ 1 1 llL^zh*X*j\ M^^H BB !-X
      401 words
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      175 74 ■Mb i "IT < EXHIBITION Hilton Singapore Level 5, (Malaysia Room) 27 (Sat) 28 (Sun), September '08 courtyardhomes "><m, 7P m a /i+h>r>»ri\ ir\\c>>.r-\r^rr\c^r^ Event Hotline: <+65> 6730 3371 WlTPipriVaTßgOraGn (Actlveon27 Bl 2BSeptember-08only) freeroundtrip* Hilton to Leisure Farm (Sunday only) "Subject to schedule. Places are limited. home to an international
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      52 75 omes zxc usive Ad d resses ■■Jtefc Hir Bl nB 7^^^^^^^^^^ <^^^^_^^| I i 1 J^ fi* Alvin Tan (65) 9025 0570 George Tan (65) 9792 8913 Mya Luu (65) 9188 1978 S3VlllS With 200 offices worldwide, and growing, Savills is able to meet all your real estate needs, anywhere
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  • HIGH NET WORTH LIFESTYLE
    • Article, Illustration
      Lock icon Spruce up your personal space
      950 76 Premium furniture brand names are making their way into local living rooms at an unprecedented pace, says melissayeo IT'S NO secret that the upper echelons of Singaporean society love branded clothes, accessories and cars. But they crave designer labels on their furniture, too. "Interior design
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      Lock icon Off to a flying start
      878 77 Private jet operators see ample opportunities in Asia as wealth creation grows at a phenomenal rate, reports imisha ramchaimdaimi THE private jet business in Asia may still be lagging behind that in the US and Europe, but it looks set to soar in tandem with
      878 words
    • Article, Illustration
      Lock icon Events to rev up the F1 fever
      606 78 The Spore GP Season is filled with events designed to provide visitors an added incentive to stay that extra day, writes misha ramchandani WITH the Formula One race around the corner, Singapore is revving up a whole lot of lifestyle and premium events.
      TERENCE TAN/THE STRAITS TIMES  -  606 words
    • Article, Illustration
      Lock icon Singapore: Jewel at the heart of Asia's cruising grounds
      1012 78  -  VINCENT WEE By THE fact that Singapore is a tiny red dot in the middle of a vast archipelagic region is both a boon and a bane to the luxury marine leisure lifestyle. It's diminutive size means that there are severe
      I DESMOND LIM/THE STRAITS TIMES  -  1,012 words
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      98 76 E MAKE THE World's I UGIIO \J Best Mattress.™ (7 (7(7 Serta Embrace® Technology is highly responsive to body temperature and is ideal for relieving pressure points. Its open cell structure creates maximum air ventilation which keeps the mattress hygienic and comfortable. Wake up fully rejuvenated on the new Serta
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      103 77 Express your style. 1 With the Hansgrohe V >-*** w World of Styles. Hansgrohe. The original. Variety is every\i thing. The Hansgrohe World of Styles offers you a >^^^4^^ choice of three comprehensive style worlds, conAH ttk sistent down to the last detail: E for Elegance, S or Style anc'
      103 words
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      178 79 111 I II 1 II I I I ■f 1 I 1 1111 111 i 1 H f -s"^ H^^l I I -^A i—^—^-B B\ B\ B\ Take indulgence to a whole new level. Let us put you behind the controls of the latest Cessna aircraft. We'll teach you to
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      327 80 Cliveden at Grange HMIALJIIL^HJIL^HILJIIvrJ&J^WH^^HUgi^^^QIMUd^ Hllk*U^UlAA2^UUaU^BAslJMlE| Hfil ■I kSSbßbHbSßh^^^k i^?^1"". J^^^^HV P^^^M V^^^l P^^^V P^^P^ *Ll IjglingHgjmigjE] 13qE1§ EmjE mgm£ Egg |jjgjjgjg gg graig |jj| One Shenton I St. Regis Residences, I g^£4^llj^*J*J*l*jMLJlll}^ Artist's Impression VH Cliveden at Grange Developer: City Developments Limited (Co. Reg. No. *****0316Z) Tenure of Land: Estate
      327 words