The Business Times, 4 December 2008

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Total Pages: 30
1 30 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg •S* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Thursday, December 4,2008
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  • 527 1  -  SAMUEL EE Lower prices did the trick but demand for new cars is expected to soften again ByS [SINGAPORE] As expected, the COE premium for small cars rebounded sharply from its historic low of $2 a fortnight ago. After poor demand had led
    527 words
  • 748 1  -  UMA SHANKARI Gearing improves as developers pare borrowings, increase cash held from divestments By [SINGAPORE] Developers have entered the latest slump in much better shape than they were in during the last property downturn in 2001, a comparison of their cash positions and
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  • MARKETS DIGEST
    • 47 1 Inesi lam KL COMP 847.53 +1.78 NIKKEI 225 8,004.10 +140.41 HANG SENG 13,588.66 +182.81 SET INDEX 392.92 +5.60 JAKARTA COMP 1,192.53 +1.17 MANILA COMP 1,905.28 +25.41 SEOUL COMP 1,022.67 -0.53 SHENZHENB 274.86 +12.20 MUMBAI IND 8,747.43 +8.19 11AM EST Cham DOW 8,488.79 +69.70 NASDAQ 1,476.23 +26.43
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    • 30 1 e: Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONG KONG 5.00 INDONESIA 16.575 TAIWAN 6.316 JAPAN 1.675 KOREA 9.33 BRITAIN 3.00 US 4.00 CANADA 4.00 SWITZERLAND 2.27 INDIA 13.00 Source
      e: Bloomberg  -  30 words
    • 48 1 US$ (S$ per US$) 1.529 (US$/S$ per 1.491 2.280 EURO (US$/S$/E) 1.269 1.940 Forei' in curreno ier US$ S$ YEN 93.30 61.00 RM 3.640 2.381 HK$ 7.752 5.071 BAHT 35.63 23.30 RUPIAH 12,150 7,948 RENMINBI 6.884 4.504 INDIAN RUPEE 49.94 32.67 A$ 1.554 1.017 NZ$ 1.892 1.237
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 82 1 SINGAPORE BizlT Lm\ PROPERTY ART OF WAR I INTERNATIONAL Getronics joins race for V Life after DPS won't be Zap for Sun Tzu's strategies! B§on Tapping into the world's MOE outsourcing deal crippling for developers Win an Epson wireless markets page 10 page2B pages projector! pages I I—l International relations
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  • TOP STORIES
    • 767 2 -AP Three separate survival plans from Chrysler, GM, Ford under review [WASHINGTON] Detroit's Big Three auto executives have ditched their corporate jets for hybrid cars and replaced vague pleas for federal help with detailed requests for as much as US$34 billion in their
      -AP; AFP  -  767 words
    • 738 2  -  RONNIE LIM NEWS ANALYSIS By I [SINGAPORE] It boiled down to a good game plan. With its rival pulling out and the two-horse race called off, Malaysia's YTL Group decided to still dash towards the finish line instead of risking a tougher race
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    • THREE-MINUTE DIGEST
      • 64 2 DEVELOPERS are heading into the present financial storm in a much better shape than they were in during the last property downturn in 2001, a comparison of their cash positions and debt-to-equity ratios then and now shows. In fact, just between Q2 and
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      • 85 2 AS expected, the COE premium for small cars rebounded sharply from its historic low of $2 a fortnight ago. After poor demand had led to the premium for a certificate of entitlement in Category A for cars below 1,600 cc crashing by more
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      • 55 2 DETROIT'S Big Three auto executives have ditched their corporate jets for hybrid cars and replaced vague pleas for federal help with detailed requests for as much as US$34 billion in their second crack at persuading Congress to throw their struggling companies a
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      • 61 2 THE siege at Thai airports and terror attacks in Mumbai cap what now looks set to be one of the bleakest years for oil traders here. Total oil volumes traded in Singapore the world's third biggest energy hub are expected to plunge by
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      • 65 2 COSCO Corp (Singapore) became the latest shipyard to announce order cancellations with the cancelling of two 57,000 deadweight tonne handymax size dry bulk carriers from a batch of contracts for a total of eight bulkers worth US$3l3 million announced last July. The two
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      • 90 2 A NEW report, which looks at the potential impact if buyers who bought homes under the deferred payment scheme choose to walk away from their deals, concludes that developers are not likely to be too badly hit even under a 20 per
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      • 58 2 JUST three years after it opened, a mid-size medical group practice here has folded. Excellence Healthcare, which ran a 22,000 sq ft facility on two floors of Camden Medical Centre, shut up shop on Nov 29 after the partners found it increasingly tough to
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    • 511 2  -  PAULINE NG He says that movie star's lawsuit had humiliated him By I in Kuala Lumpur A MALAYSIAN royal family member's abrupt resignation from a "green rubber" company that was sued by Diehard movie star Bruce Willis could make for an awkward
      511 words
    • 624 3  -  RONNIE LIM Total oil volumes traded here expected to plunge 30-40% this year By [SINGAPORE] The siege at Thai airports and terror attacks in Mumbai cap what now looks set to be one of the bleakest years for oil traders here. Total oil
      624 words
    • 731 3 Reuters, AP [MELBOURNE] Australia left the door open yesterday to a US$5.9 billion merger between national airline Qantas Airways and British Airways, which sent the Australian carrier's shares up nearly 10 per cent. But the Labor government, which traditionally relies on trade
      – Reuters, AP; AFP  -  731 words
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  • Page 3 Advertisements
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  • COMPANY NEWS
    • 458 4  -  VINCENT WEE Shipowner paying 80% of contract price of 3 remaining vessels by December By\ COSCO Corp (Singapore) became the latest shipyard to announce order cancellations with the cancelling of two 57,000 deadweight tonne (dwt) handymax size dry bulk carriers from a batch
      FILE PHOTO  -  458 words
    • 869 4  -  VEN SREENIVASAN IN TIMES like these, even the best of intentions can sometimes be brushed aside with cynicism. The $334.5 million purchase of Singapore Food Industries (SFI) by Singapore Airport Terminal Services (SATS) which could balloon to $509 million if the
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    • 809 5  -  UMA SHANKARI Study shows they can weather even 20% default rate by buyers under scheme By A NEW report, which looks at the potential impact if buyers who bought homes under the deferred payment scheme (DPS) choose to walk away from their
      809 words
    • 352 5 Bloomberg [HONG KONG] Bharti Airtel, India's largest mobile-phone operator, and Hong Kong's Cathay Pacific Airways are among ÜBS AG's top 10 stock picks in Asia for 2009. The list, favouring telecom and financial companies, includes China Mobile and Singapore's United Overseas Bank. MSCI's
      Bloomberg  -  352 words
    • 502 7  -  EMILYN YAP Proposed A5117.5m investments part of move to become a property player By AS PART of its bid to reposition itself as a pan-Asian property player, consumer electronics distributor Thakral Corporation has signed a memorandum of understanding (MOU) with an Australian developer for
      502 words
    • 405 7 Reuters [BANGKOK] Thailand's top mobile phone operator, Advanced Info Service (AIS), said yesterday it had launched a third-genera-tion (3G) mobile service on its existing network at two shopping centres in central Bangkok. AIS, partly owned by Singapore Telecommunications Ltd, is the first Thai
      Reuters; BLOOMBERG  -  405 words
    • 649 7 Reuters [HONG KONG] Asia's fund management industry will see further job cuts in the coming year as a plunge in revenue caused by the global financial crisis forces it to rein in costs, senior executives said yesterday. The industry in Asia, like
      ■ Reuters  -  649 words
    • 221 7  -  THEODORA KEE Byl THE global economic downturn has forced Willas-Ar-ray Electronics (Holdings) and Satori Electric to dissolve a 50:50 joint venture that was formed early this year to tap the Chinese electronics components market. Willas-Array said that the global consumer electronics sector has weakened because
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    • COMPANY BRIEFS
      • 61 7 INFRASTRUCTURE and civil engineering company, OKP Holdings (OKP), has secured a $20.8 million contract from the Land Transport Authority (LTA). The contract was awarded to OKP's wholly owned subsidiary, Or Kim Peow Contractors (Pte) Ltd, and is for drainage works in the North Buona
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      • 74 7 KHONG Guan Flour Milling sank into the red, reporting yesterday a net loss of $1.58 million for the fiscal first half ended Oct 31, compared with a $2.04 million net profit for the corresponding period last year. The company booked a write-down of $4.38
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      • 67 7 CHINA Printing Dyeing Holding has filed a claim against its subsidiary, Zhejiang Jianglong Textile Printing Dyeing Co, in a court in China on Dec 1, seeking to recover dividends receivable of 11 million yuan (552.4 million) from Zhejiang Jianglong. China Printing Dyeing was
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  • Page 4 Advertisements
    • 230 4 Organised by: Sponsored by: SINGAPORE g-mm-rn-] HPBH|HHHH INDIAN CHAMBER I*MM V I HI t\!!!v /OF COMMERCE > ~.-^::1,,, INDUSTRY Confederation of Indian Industry jßv SICCI-DBS Singapore-India Business Award (SIBA) 2008 ,g J^f^N Presentation Ceremony >w I SICCI-CII Business Forum 'Corporate India: Challenges Opportunities' Rjfl 13 The SICCI-CII Business Forum entitled
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  • Page 5 Advertisements
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  • SINGAPORE MARKETS
    • 637 6  -  R SIVANITHY STOCKS Straits Times Index sheds early gains in anticipation of Wall Street drop; index propped up by SingTel ALL Street's Tuesday bounce brought some short-cover-ing-assisted respite to the local stock market yesterday, but it's all about anticipating what the US market
      Bloomberg  -  637 words
    • 96 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 7 5 3 0 0 0 7 5 3 lanutacturing 73 29 36 10 79 33 46 Commerce 18 16 17 21 17 20 'pt/Stor/Comms 17 11 18 11 :inance 18 13 18 13 Construction 12
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    • 113 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 21.482 21.482 44.452 44.452 lanufacturing 250.132 8.487 258.619 133.253 328 133.581 lommerce 60.286 8.933 69.219 55.676 1.063 56.739 "pt/Stor/Comms 106.367 66 106.433 136.769 13 136.782 :i nance 34.936 34.936 164.523 164.523 lonstruction 25.900 2.353 28.253 1.498 56 1.554 'roperties
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    • 101 6 lapitaLand 2.470 -0.020 lapitaMal 1.550 -0.030 jtyDev 5.200 -0.050 Iosco Corp 0.850 4-0.090 IBS Grp 9.080 -0.100 :&N 2.700 -0.030 Sent Intl 0.400 tO.010 iolden Agri 0.205 IK Land 2.250 -0.050 IMH 16.500 -0.500 ISH 9.300 4-0.020 lardineC&C 9.460 4-0.040 Ceppel Corp 3.770 Ceppel Land 1.310
      101 words
    • Article, Illustration
      868 6  -  LYNETTE KHOO China Milk Dec 3 close: $0,355 DMG PARTNERS SECURITIES, Dec 3 IN November, the Chinese government overhauled the entire dairy industry to improve safety at every step of the value chain. From cow breeding to the end product that customers consume. We believe that China Milk
      : Bloomberg  -  868 words
    • 505 6  -  LARRY WEE ANOTHER strong session of 4 per cent gains on Wall Street in overnight trading drew a mixed if not cautious response from currency markets ahead of several expected interest rate cuts later today, and news from the US job front tomorrow
      : Reuters  -  505 words
    • 4 6 DAILY
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    • 62 6 Dec 3 VALUE CLOSE BT OB/OS -195.00+185.0 BT CADI -*****.00 +64.0 BT 10-day MA -*****.00 -20.00 FTSE ST Mid Cap 325.07 +1.18 FTSE ST Small Cap 276.88 +3.42 FTSE ST All Share 392.14 +0.81 FTSE ST China Top 170.70 +7.26 FTSE ST China 172.58 +7.02 UOB Catalist
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    • 56 6 VOLUME Golden Aqri 71,748,000 Pacific HC 42,038,000 China Honqxinq 37,527,000 StraitsAsia 34,865,000 Noble Grp 33,495,000 Cosco Corp 33,415,000 RafflesEdu 29,055,000 Yanlord 22,932,000 SingTel 20,459,000 Ezra 19,810,000 VALUE(S) DBS Grp 77,953,650 SingTel 51,031,652 UOB 39,027,760 Noble Grp 30,692,035 Keppel Corp 27,705,136 CapitaLand 27,549,985 Cosco Corp 27,251,560 StraitsAsia 25,603,110
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    • 109 6 CLOSE UP GLD 10US$ 7684 220.0 1.9 China H 10US$ 933 50.4 3.7 UOB 5.05%NCPS 100 8948 36.0 0.4 CIMBAsean40 100US$ 465 26.0 3.8 B Sembawani 420 24.0 6.1 DBS Bk6% NCPS 10 9290 20.0 0.2 ISMSCI India 100 308 19.9 4.4 MS India 10US$ 666 19.9 2: Great
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    • 110 6 CLOSE DOWN OCBC Bk 5.1%NCPS 100 8864-204.0 -2.2 OCBC Bk4.5%NCPS 100 8112-128.0 -1.6 JMH 1650 -76.4 -2.9 Asia Pac Brew 999 -21.0 -2.1 Korea 10US$ 192 -16.8 -5.. SIA 200 1020 -14.0 -1.4 Ascendasreit 123 -11.0 -8.2 lanBNPeCW***** 21 -10.0 -32.3 DBS Gri 908 -10.0 -1.1 OCBC Bk 482
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    • 86 6 Dec 3 CLOSE CHNG FR Dec 2 YR2008 S$ LOW S$ HIGH USS 1.5295 0.03 1.5346 1.3457 Euro 1.9301 -0.04 2.2064 1.8640 Pounds 2.2507 0.96 2.8431 2.2111 AS 0.9800 0.05 1.3251 0.9068 Yen* 1.6459 -0.02 1.6645 1.2619 Rupiah* 0.***** -0.80 0.***** 0.***** Baht* 4.3024 -0.30 4.4299
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  • Page 7 Advertisements
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  • SINGAPORE NEWS
    • 443 8  -  CHEN HUIFEN Partners finding it increasingly tough to sustain loss-making business By JUST three years after it opened, a mid-size medical group practice here has folded. Excellence Healthcare, which ran a 22,000 square foot facility on two floors of Camden Medical Centre, closed for good last Saturday
      FILE PHOTO  -  443 words
    • 304 8  -  TEH SHI NING By TWO of the four top awards at last night's Singapore Prestige Brand Award (SPBA) 2008 went to homegrown food brands. Food Republic, the food court chain run by the BreadTalk Group, and soya bean drinks and snacks
      KWONGKC/UANHE ZAOBAO  -  304 words
    • 324 8  -  FEH SHI NING By! SINGAPOREANS are riskaverse and most of them do not feel sufficiently informed to make financial decisions, according to a survey by insurance and financial services group Aviva on attitudes to saving. Singapore findings from the global survey, released yesterday, show
      324 words
    • 226 8  -  NISHA RAMCHANDANI By PUMA Singapore expects double-digit growth next year despite the weak retail sector and aims to boost its presence here through more stores and tie-ups. "So far, we are confident that we will grow next year," said Sheryl Wong, general
      226 words
    • 305 8  -  NISHA RAMCHANDANI By THE annual children's charity concert ChildAid has raised a record $506,000 this year, easily topping last year's $450,000. All proceeds will go to The Business Times Budding Artists Fund and The Straits Times School Pocket Money Fund. This year, tickets for both
      305 words
    • 395 9  -  CHUANG PECK MING ByC THE union did not read about CapitaLand's pay cuts in the newspapers; the property and hospitality giant had already discussed its job-saving measures with the union earlier. "The Singapore Industrial and Services Employees' Union (SISEU) appreciates that CapitaLand
      395 words
    • 256 9 NTUC Income will launch a $6 million special assistance scheme to help Incomeshield policyholders cope with premium increases during this financial crisis. From Dec 1, MediShield premiums have been adjusted to match an increase in benefits for Singaporeans. Incomeshield premiums went up by an
      256 words
    • 313 9  -  ANGAN SHING MND: Move made to relieve overcrowding from housing shortage By THE Ministry of National Development has announced that 10 new sites will be made available to build temporary foreign worker dormitories. They comprise three va- cant state properties and
      313 words
    • 381 9  -  CHEWXIANG ByC BUSINESS students will get the chance to work with and learn from successful small and medium-sized enterprises (SMEs) through a new project at NUS Business School. "Right now, everyone wants to work for big multinationals," said Hum Sin Hoon, executive dean
      381 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
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  • SINGAPORE INTERNATIONAL
    • 1174 10  -  With its FTAs with US, China, India and Japan, Singapore has the major economies and markets covered, writes CHUANG PECK MING SINGAPORE bagged yet another "first" in its aggressive push for free trade deals in October, when it inked the China-Singapore Free Trade Agreement (CSFTA).
      FILE PHOTO  -  1,174 words
    • 147 10 HOW to make use of free trade agreements. A step-by-step guide to apply for FTA concessions: Find out the product HS (Harmonised System) Code and its corresponding import duty or MFN (most favoured nation) rate from your importer, or the importing customs authority. If
      147 words
    • 326 10 HERE is where you can learn more about free trade agreements: Industry and market-focused FTA seminars These seminars aim to enhance the understanding of FTAs through the sharing of FTA concepts and tools available for the Singapore business community. They are usually conducted jointly
      326 words
    • 446 11  -  Products manufactured by its plants here are shipped abroad duty free or with reduced tariffs, reports CHUANG PECK MING UNITED States-based Invista is still making polymers and fibres in high-cost Singapore for nylon, spandex and polyster applications, partly because of the country's free trade agreements
      446 words
    • 509 11  - FTAs help sharpen Philips 1 competitive edge CHUANG PECK MING ByC PHILIPS Electronics Singapore is one company in Singapore that has become more competitive, thanks partly to Singapore's free trade agreements (FTAs). "The FTAs have helped make trade among FTA members more price competitive," says David Lim, vice-president and chief
      FILE PHOTO  -  509 words
    • 448 11  -  CHUANG PECK MING By PETER Ng says that Singapore's free trade agreements (FTAs) have helped his company to grow into what it is today a cocoa processor with sales turnover of more than $300 million yearly. And he sees the FTAs continuing to help
      448 words
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    • 47 10 .«4 13 sss™ 1 The Business Times SINGAPORE Singapore Singapore International a fortnightly series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting the overseas growth of Singapore-based enterprises and international trade. www.iesingapore.com
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  • Page 11 Advertisements
    • 117 11 I Want to benefit from Singapore's Free Trade Agreements (FTAs)? 1^ sET Now you can find out how through the Singapore FTA website. B>1"11'* Sporting a fresh new look, the FTA website now features more user-friendly options for easier navigation. If you are a first-time user, check out the self-educational
      117 words

  • MALAYSIA/INDONESIA
    • 266 12 -AFP It says economic crisis hitting polymer demand [KUALA LUMPUR] Malaysian state energy firm Petronas said yesterday that it has cut production at its petrochemical plants due to lack of demand as the global economic crisis hits. "A lot of petrochemical facilities (worldwide) are
      -AFP; BLOOMBERG  -  266 words
    • 436 12  -  S JAYASANKARAN But weary market dulls share response to acquisition of PowerSeraya mßy in Kuala Lumpur SHARES in Malaysian infrastructure company YTL Corporation and its power company YTL Power International showed hardly any vigour yesterday in the wake of the latter's $3.8 billion
      436 words
    • 397 12 ■AFP [JAKARTA] Billionaire Indonesian tycoon Aburizal Bakrie has pulled back from the brink of losing his political and business empire to the global credit crunch, but has come out badly battered, analysts say. Formerly a powerful backer of President Susilo Bambang
      ■AFP  -  397 words
  • Page 12 Advertisements
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  • ECONOMY WATCH
    • 651 13 Bloomberg, Reuters One-day bond repurchase rate cut by one percentage point to 2.75% [BANGKOK] A day after anti-government protesters ended their crippling siege of Bangkok's main airports, Thailand's central bank cut its benchmark interest rate by the most ever to revive an economy.
      – Bloomberg, Reuters \; AP  -  651 words
    • 475 13  -  ANTHONY ROWLEY Bankruptcies could rise if banks restrict lending, Jetro warns By in Tokyo JAPANESE firms face the threat of a "vicious circle" of rising bad debt and restricted access to loans developing as the global economy deteriorates, chairman and CEO of
      475 words
    • 509 13 Reuters RESCUE ROADBLOCKS [WASHINGTON] The investigative arm of the US Congress on Tuesday criticised the Treasury Department's handling of a US$7OO billion bank bailout programme and urged the Bush administration to get it into better shape. The Treasury has yet to address a
      – Reuters  -  509 words
    • 379 13 -AP [BRUSSELS] In another sign of the strain that the financial crisis is putting on the European Union (EU), regulators agreed on Tuesday to revise again the guidelines that had been holding up some government aid to banks, after pressure from
      -AP  -  379 words
  • Page 13 Advertisements
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  • GREATER CHINA/INDIA
    • 555 14  -  NEETA LAL By r in New Delhi THE Mumbai massacre will cost the city dear. According to initial estimates, India's financial hub will take a king hit of about 500 billion rupees (5515.1 billion) in commercial transactions while the foreign exchange blow
      AP  -  555 words
    • 299 14 NYT [WASHINGTON] American and Indian authorities said on Tuesday there was now little doubt that militants inside Pakistan had carried out the terrorist attacks in Mumbai. Indian officials, saying they had identified three to four masterminds of the deadly assault, stepped up
      NYT  -  299 words
    • 576 14 Bloomberg Sovereign wealth fund explains why it is shunning foreign financial firms [HONG KONG] China Investment Corp chairman Lou Jiwei said he wouldn't "dare" invest the sovereign wealth fund's money in foreign financial firms after losing US$6 billion on stakes in Morgan Stanley and
      Bloomberg  -  576 words
    • 275 14 -NYT [BEIJING] Chinese officials on Monday issued a higher estimate for the number of children affected by tainted dairy products, saying that as many as six babies might have died and nearly 300,000 were sickened after consuming contaminated milk powder. In its last update,
      -NYT  -  275 words
  • Page 14 Advertisements
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  • ASIA-PACIFIC/WORLD
    • 502 15 Bloomberg 50% reduction comes as the firm's revenue falls 96% through September [NEW YORK] MerriU Lynch plans to cut year-end bonuses in half after more than US$2O billion of losses that forced the US securities firm to sell itself to Bank of America, sources
      – Bloomberg; REUTERS  -  502 words
    • 516 15  -  JANE MOIR By in London CONCERN over Britain's personal debt mountain of nearly £1.5 trillion (553.4 trillion) is growing as job losses escalate and home owners head towards negative equity. The amount owed by consumers through loans, credit cards and mortgages hit £1.44 trillion
      516 words
    • 362 15 Reuters, Bloomberg LATEST US DATA [NEW YORK] US private employers slashed an unexpectedly high 250,000 jobs in November, the most in seven years, while third-quarter labour costs rose less than first thought, in the latest signs that the job market is nowhere
      Reuters, Bloomberg  -  362 words
    • 438 15 Bloomberg [LONDON] British Prime Minister Gordon Brown put an overhaul of Britain's banking rules at the centre of his legislative programme, part of the government's effort to shield consumers from the worst financial crisis in a century. Queen Elizabeth 11, formally opening Parliament in London
      Bloomberg  -  438 words
    • 138 15 Reuters [MANAMA] Islamic banking can no longer claim immunity from the global financial crisis now that it is hitting the industry's main source of funding and property values in the Gulf Arab region. The industry escaped the immediate fallout from the crisis
      – Reuters  -  138 words
    • 236 15 Reuters [JAKARTA] A meeting of South-east Asian foreign ministers will now be held in Jakarta later this month following recent political turmoil in Thailand, an Indonesian official said yesterday. Thailand said on Tuesday that it would postpone the Association of South-East Asian Nations' (Asean) summit
      – Reuters  -  236 words
  • Page 15 Advertisements
    • 31 15 Caring 2004, 2005, 2006, 2007 2006, 2007 2007, 2008 Best Onboard Service Flight Attendants Best Flight Attendants Five Star Airline (Global Traveler) Best In-Flight Service in the world (Skytrax) (Business Traveler) >■
      31 words

  • WORLD
    • 737 16 Reuters Firm reducing riskier finance businesses, reliance on commercial paper [BOSTON] General Electric intends to scale back its hefty finance arm and pay its regular dividend next year. The announcement sent its shares up 13.6 per cent, the sharpest at least since 1981. The US
      Reuters; AP  -  737 words
    • 485 16 NYT [WASHINGTON] November was yet another brutal month for the nation's retailers, according to new figures that showed stunning sales declines across a broad array of consumer goods. Figures released on Tuesday in the SpendingPulse report, from MasterCard Advisors, showed that sales of
      NYT  -  485 words
    • 570 16 -NYT AOL ex-CEO said to be in talks to raise US$2B-30b for bid [SAN FRANCISCO] It takes only a glimmer of hope to excite Yahoo shareholders these days. Investors bid up shares in Yahoo by 7 per cent on Tuesday after The Wall
      -NYT  -  570 words
    • 389 16 Reuters [WASHINGTON] There is no evidence that brandname drugs given to treat heart and other cardiovascular conditions work any better than their cheaper generic counterparts, US researchers said on Tuesday. The findings run counter to the perception by some doctors and patients that pricier
      ■ Reuters  -  389 words
    • 546 16 Reuters [NEW YORK] International markets are a growing source of business for many US companies, but attracting non-US citizens to Corporate America's boardrooms and keeping them there is proving to be tough. Global representation on boards of directors is seen as key for companies
      ■ Reuters; BLOOMBERG  -  546 words
  • Page 16 Advertisements
    • 71 16 tahLaf THE HEARTBEAT OF THE INDIAN COMMUNITY I ESCAPED FROM MY TAJ ROOM AT 4AM AND RAN DOWN SIX FLOORS TO SAFETY First-person account of the mayhem in Mumbai from a Singaporebased Indian Pick up your FREE copy at Mustafa, Saravanaa Bhavan, White Water Cafe, Singapore Khalsa Association, Singapore Indian
      71 words

  • AVIATION
    • 491 17 Reuters [MELBOURNE] The young new boss of Australian carrier Qantas Airways Ltd is wasting no time in tackling what his predecessor called the "greatest crisis in aviation history", chasing a merger with British Airways (BA). Alan Joyce, 42, capped his meteoric
      – Reuters; BLOOMBERG  -  491 words
    • 202 17  -  VEN SREENIVASAN By [SINGAPORE] The Singapore Aviation Academy (SAA) has signed a pact with America's MITRE Aviation Institute (MAI) to enhance collaboration on aviation training and research projects. MITRE Corporation, a US government-sponsored research and technical consultancy institution, works closely with the US Federal
      202 words
    • 253 17  -  NISHA RAMCHANDANI Both adding extra freight flights to move cargo piled up during protest By [SINGAPORE] Singapore Airlines Cargo and DHL Express resumed freight flights from Bangkok's Suvarnabhumi International Airport yesterday and are adding services to cope with cargo that piled up during last
      _J AFP  -  253 words
    • 378 17 AFP [BANGKOK] Airlines gradually resumed international and domestic flights to and from Bangkok's main airport yesterday after protesters ended a blockade, with full operations expected today, officials said. The first domestic flight, a Thai Airlines service, landed at Suvarnabhumi international airport at about 2.10pm (0710
      AFP  -  378 words
    • 267 17 ■AFP [BANGKOK] As most grumbling holiday-makers wait frustrated in hotels after air-port-based protests stranded them in Thailand, the wealthy are simply slipping out of the "Land of Smiles" by private jet. Charter airline companies are seeing their bookings soar despite the enormous cost, after
      ■AFP  -  267 words
    • 2649 17 TERMINAL 2: The following airlines arrive at/depart AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British 1'0'" Terminal 2 American Airlines, Austrian Airlines, Airways Public Ltd Co (BAW), BG Biman Bangladesh
      2,649 words
  • Page 17 Miscellaneous
    • 307 17 CRYPTIC CROSSWORD ACROSS 1 Take the plunge when free 1I p j K p p M? 9 Removes a coat -or much 11 Speak when you're spoken 71 T I I 1 ill 13 Travellers in damson jam (6) FT"^ 15 Beats in a child's game, we I I I
      307 words

  • SHIPPING
    • 654 18 -AP Alliance pressed to act amid growing alarm over pirate attacks off Somalia [BRUSSELS] Nato foreign ministers on Tuesday tackled concerns about combatting pirates off the Somali coast where despite a six-week Nato mission attacks continue unabated, leaving the shipping industry reeling and the world
      -AP; REUTERS  -  654 words
    • 383 18 Reuters [ATHENS] Somali pirates have turned the Gulf of Aden into a "route of terror" while an international taskforce is doing little more than directing traffic, according to Greek sailors who thwarted a raid on their vessel there. Nikos Tzanetakos, deputy captain
      – Reuters  -  383 words
    • 472 18 Bloomberg [TOKYO] Mitsui OSK Lines Ltd, Japan's most profitable shipping line, may lower its earnings forecast this fiscal year as daily charter rates for its largest coal and iron ore vessels have tumbled 98 per cent to a record low. "We're reviewing our forecasts," Kenichi
      – Bloomberg; BLOOMBERG  -  472 words
    • 241 18 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, fell to its lowest in 22 years because of weaker demand for iron ore used in steel. Nippon Steel Corp, the second-largest maker of the metal, asked miners
      – Bloomberg  -  241 words
    • 337 18 Reuters [HONG KONG] Hong Kong-based container ship operator Orient Overseas (International) Ltd (OOIL) says that the outlook for the industry next year is grim due to overcapacity and weak demand, as the global financial crisis dampens trade. "The outlook is very pessimistic next year,"
      – Reuters  -  337 words
    • TRANSPORT STOCKS
      • 102 18 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd... Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.25 0.20 0.85 unch 0.61 0.47 unch unch
        102 words
      • 33 18 '000 nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd 0.53 8.50 8.50 2.16 2.32 0.06 -0.01 0.05 unch 0.01 unch 0.01 113 403 500 276 37 95
        33 words
      • 12 18 '00 'recious Ship Regional Cont 9.85 5.94 0.20 0.19 4393 1972
        12 words
      • 11 18 '000 JOil iingamas Cont 12.50 0.57 0.84 -0.03 2616 644
        11 words
      • 22 18 '000 Aboitiz Equity ntl Container Keppel Marine Keppel Prop 5.50 14.50 2.14 unch 0.10 -1.25 -0.06 unch 343 166 4 0
        22 words
      • 23 18 Evergreen Marine ....16.70 :irst Steamship 28.70 /Van Hai Lines 15.00 fang Ming Marine ..11.20 -0.05 -1.15 -0.50 -0.15 17 8 4 28
        23 words
      • 39 18 '000 Cawasaki Hvy Ind ..175.00 -14.00 ***** Cawasaki Kisen 346.00 -7.00 5266 /litsubishi Hvy 355.00 -4.00 ***** /litsui Eng&Sbldg ..120.00 -2.00 6943 /litsui Osk Lines 460.00 -6.00 ***** Jippon Express 407.00 7.00 3702 Jippon Yusen 454.00 -10.00 9017
        39 words
  • Page 18 Advertisements
    • 237 18 From now till 31 st December 2008, sign up for any of the Straits Times Digital or The Business Times online (BTO) 2-year subscription plans below and: Enjoy a subscription gift of Ss2o CK Tang shopping vouchers Stand a chance to win Sslooo worth of Pan Pacific Singapore Hotel vouchers.
      237 words

  • BT-IBM ROUNDTABLE
    • 1747 19 Customer relationship management systems can help create stickiness and higher barriers of entry for competitors OVERVIEW AS the global economy plunges, the shipping and logistics industry needs to be even more conscious of how to run their operations as efficiently as possible while also
      BLOOMBERG  -  1,747 words
  • Page 19 Advertisements

  • EDITORIAL & OPINION
    • 517 20 RETAIL investors have endured a series of crises over the last decade, ranging from the Asian financial crisis, the technology bubble, and now this latest and most serious global credit crunch. Almost without exception, the periods prior to each bear phase have seen fund
      517 words
    • 1150 20  -  ANDREW JACOBS -NYT Analysts say it may have to wait for a rise of personal income first, which will take years By HE DOES not know it yet, but Dang Fu has been tapped to save the Chinese economy. A rud-dy-faced millet farmer
      -NYT; AP  -  1,150 words
    • 871 20  -  ANTHONY ROWLEY THE BOTTOM LINE THE causes of the massacre in Mumbai may well extend beyond India's borders, but it is well not to overlook the fact that there are economic and social inequalities in Asia that may have contributed at
      871 words
    • 1323 21  -  BEN DE HALDEVANG SAM KOK WENG Buyers face two big challenges: learning the company's real condition, and calculating the 'transformation' cost involved By and MANY are predicting dramatic changes to the financial services landscape as we know it in a post-crisis world.
      REUTERS  -  1,323 words
    • 880 21  -  THOMAS FRIEDMAN ■NYT ON FEB 6, 2006, three Pakistanis died in Peshawar and Lahore during violent street protests against Danish cartoons that had satirised the Prophet Muhammad. More such mass protests followed weeks later. When Pakistanis and other Muslims are willing to take
      ■NYT; REUTERS  -  880 words


  • SINGAPORE STOCKS
    • 8673 22 Transaction date: Dec 3 !-wks Tel Low Code Last Sale V C000) lay L Low Bu] .ast Quote yer Seller Div C'vr Net P/E I Cap Hi! Com| >an] Hi: •k 12 3 3148 8Telecom 17 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000
      8,673 words
    • 1880 23 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      1,880 words
    • 67 23 52-Wk Tel High Low Code Last Sale Vol fOOO) Day Ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi .Hii ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 IS S&P500 ***** ***** 6170 SPDRS 385
      67 words
    • 72 23 52-Wk Tel High Low Code Last Sale Vol Cooo] Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Comi >an< Hii 112 39 6000 AVJennings 15 4 6134 Over&Gen 34 6 6017 StarCruises 283 104 6019 TanChonglnt A42 A8 US8 HK116 4-3 unch
      72 words
    • 8785 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.334/ AIGIF S'pore Bond Fund/A 1.202/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.56/ APS Alpha Fund (USD)!** 0.36/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.6129/ APS Komaba Global
      8,785 words
  • Page 22 Advertisements
    • 40 22 if'tsi^^nkiS THE EDWARD PIGUET WATCH AUDEMARS "IGUET I if^^^M ri f' THE BIRTH OF A great date Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED Jgj^P1 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676
      40 words


  • FINANCE & COMMODITIES
    • 369 24 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Dec 2 World Index Preliminary 634.1 1.1 -44.0 1.4 -43.6 1.4 -47.1 EAFE Preliminai 614.1 -0.5 -45.2 0.1 -47.3 0.1 -50.. Euroi Prelim inan 874.1
      369 words
    • 124 24 As at 9am Dec 3 rf foreign currency: Currencies Bid Offer >ust dollar 0.9740 1.0150 .an dollar 1.2160 1.2310 luro 1.9300 1.9550 IZ dollar 0.8070 0.8250 iterlini ind 2.2620 2.2880 IS dollar 1.5210 1.5380 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer Ihi
      124 words
    • 162 24 Dec 3 Xierniqht 1/16 -month 3/4 !-months 13/16 l-months 7/8 Overnight mode: 9/16 IS$ Offer par 1/2 9/16 5/8 Bid days I month > months 3 months d months months 12 months tAu 1.40 2.60 2.70 2.80 3.10 3.20 3.35 Offer 0.90 2.10 2.20 2.30 2.60 2.70 2.85
      162 words
    • 25 24 Dec 3 ten Hii Sett STI SIMSCI Dec 201.0 201.6 198.6 Taiwan Dec 163.0 163.0 158.6 Source: MF Global (S) Pte. Ltd
      25 words
    • 23 24 Dec 3 Bid Offer 1-month 1.5267 1.5289 2 months 1.5246 1.5271 3 months 1.5228 1.5253 6-months 1.5171 1.5201 Source: OCBC
      23 words
    • 61 24 Dec 3 lelivery lonth Opening Sett Av Range Price Price Hii Vol Open Done Position Low }ec 08 1560 Ian 09 1572 :eb09 1588 Mar 09 1590 Total o/p: ***** contracts 1530 1570 1540 114 2367 1536 1579 1535 903 ***** 1536 1590 1527 6243 ***** 1540 1592
      61 words
    • 305 24 Dec 3 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec08 Mar09 Jun09 Sep09 97.9000 98.1850 98.1950 98.1550 6521 ***** 4720 3762 EUROYEN TIBOR FUTURES Dec08 99.115 99.115 Mar09 99.255 99.255 Jun09 99.285 99.295 Sep09 99.340 99.340 Dec09 Mar10 Jun10 Sep10 99.110 99.240 99.285 99.330 99.110 99.245
      305 words
    • 200 24 Dec 3 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Jan 09 122.5 Feb 09 123.0 Mar09 124.5 Apr 09 127.3 May 09 127.3 Jun 09 127.3 122.0 123.0 123.5 125.0 125.0 125.0 122.5 123.5 125.0 134.0 127.3 127.3
      200 words
    • 463 24 Dec 3 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.806 4.430 0.507 4.988 32.137 78.179 0.600 9.455 2.342 1.217 50.636 31.635 0.984 6.605 0.778 21.570 22.926 0.431 0.643 Canada 1.241 5.496 0.629 6.189
      463 words
    • 91 24 Dec 3 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi. Day's [h Low 3-Month BQ*****F 05.03.09 1-Year BY*****V 02.11.09 0.61 0.74 0.60 0.60 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****T 4.625 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A
      91 words
    • 79 24 Dec 3 (US$) (S$) 1.***** 0.***** 1 mth 2 mths 2.***** 0.***** 3 mths 2.***** 0.***** 6 mths 2.***** 0.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths
      79 words
    • 135 24 Dec 3 /oz) tec tec Hong Kong .ondon 764.10 777.80 765.10 778.80 Dec 01 Dec 02 772.40 778.30 774.90 780.30 Source: Thomson Reuters CAST BAR (S$) Dec 03 Buying Sellini Kilobar "40,973.51" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm iOgm OOgm oz ozUBS Kinebar™
      135 words
    • 105 24 Dec 2 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 09 827.00 846.00 856.00 826.00 Mar 09 834.50 854.25 864.00 834.00 May 09 844.00 863.75 855.00 844.00 Jul 09 853.00 872.50 885.00 853.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 30.42 31.11 31.50
      105 words
    • 77 24 CRUDE OIL PRODUCTS Dec 2 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 46.24 -2.06 WTI (Near Mth) 47.64 -1.58 Dubai (1-Mth F) 45.08 -3.74 Tapis blend 50.25 -3.65 Minas 46.85 -3.65 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 29.45 61.50 -4.55 -3.90 USS/barrel Opec Oil
      77 words
    • 157 24 Dec 3 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 0.9827 0.9845 0.6433 0.6436 Canadian dollar 1.2193 1.2214 0.7982 0.7985 Euro 1.9387 1.9417 1.2691 1.2694 NZ dollar 0.8072 0.8090 0.5284 0.5289 Sterlini ind 2.2777 2.2816 1.4910 1.4916
      157 words
    • 66 24 Dec 2 i\i. nn in/ iiuiii, yy.i (USS/tonne) Close Previous in :ash 1653.80 months 1700.00 1688.01 1735.01 Copper, Grade A (USS/tonne) months 3535.50 3555.00 3571.01 3590.01 .ead (USS/tonne) :ash 1079.00 months 1089.00 1095.01 1100.01 lickel (USS/tonne) ]ash I months 9388.00 9505.00 9692.01 9800.01 'in (USS/tonne) :ash *****.00 *****.01
      66 words
    • 68 24 Dec 2 :OCOA (E/tonne) Close Prev Hii ih/Low Dec 08 1605 1584 1610/1546 Mar 09 1479 unch 1487/1452 May 09 1477 unch 1485/1450 Jul 09 1486 1483 1491/1469 COFFEE (USS/tonne) Close Pev High/Low Jan 09 1980 1965 1993/1961 SUGAR (US tonne) White Close Prev High/Low Mar 09 321.8 322.0
      68 words
    • 2588 24 BONDS WARRANTS Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- C000) Ratio Price ing Left 2058AdvanceModulesGrpW*****3 6 susp 2036AdvanceSCTLtdW*****9 0.5 9092 Asia Environment W*****4 5 -1.5 1226 4481 Asia Water Tech Ltd W*****0 ..18.5 3816 #Asiasons Capital Ltd W*****7 4 8756 Asiatic Grp(H) Ltd
      2,588 words

  • Page 25 Advertisements
    • 3531 25 m The Business Times Shipping Times A JffSSITiS BBS IBHH 1 1 WAN HAI INTERNATIONAL PTE LTD a NO: N*****0000/r M-— A TJ^ m.%M ll'Wffl'Wfl'rtffliaTilP biSD I I%TTTf\ iiiiii ii a iiii-k TEL*****588 (14LINES) FAX:*****163 Vj.^^CTTIIrTCTTS BVi Igß ISt^ I\\\M> WAN HAI INF\ Cu,lo,n« S«vi<e Bookings Oire.l Une (1800) *****200
      3,531 words

  • Page 26 Advertisements
    • 2939 26 F^HnQn^n ||T7" eastern car liner, ltd lI^^QEEDQJD UL_^^__l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS [I^M BjjiilliiillliiiM lllllllllilTlllllllll^^^^M I I i"HKT) I Lillinq(KT) I MUA I SIN I PKL I LCB I )KT I SUR I VOY [IA [ID DiSIINATON PSL SERVICE Connecting AMX Service via P.KLANG Connecting ECL
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  • Page 27 Advertisements
    • 3278 27 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      3,278 words

  • BizlT
    • 985 28  -  Dutch ICT service provider is part of Sing Tel-led consortium, writes AMIT ROY CHOUDHURY DUTCH ICT (infocomm technology) services provider Getronics believes its highly automated approach to desktop management could prove a key advantage in the race to win the Singapore Ministry of
      985 words
    • 520 28  - Cable Wireless to expand Asia-Pac operations ONG BOON KIAT The company will invest USsloom and expand headcount By( BUCKING the global downturn trend, British communications firm Cable Wireless (C&W) aims to expand its business in Asia-Pacific by investing around US$lOO million and increasing its 1,500-strong regional workforce by more than
      520 words
    • 511 28  -  WINSTON CHAI By TECHNOLOGY investments may be drying up as companies tighten their belts to weather the economic drought but industry players say the area of infocomm security could be an oasis for IT companies looking for scarce streams of end-user spending. "Our Singaporean
      511 words
    • 269 28  -  JONATHAN GAN By. AN NTT DOCOMO subsidiary has joined forces with Singapore-based Cellcity to launch Singapore's first digital concierge service across 17 hotel partners within the country. The list of hotels includes major names such as The Fullerton Hotel, The Pan-Pacific Hotel Singapore
      269 words
  • Page 28 Advertisements
    • 41 28 WwtTiilllliftHr§lißl iFsl ß mSi l\ wiWifs i twTilßtf tl llbl Call 6-594 7594 now for the ACCPAC Specialists Stone Forest IT www.StoneForestlT.com.sg SAGE ACCPAC Trusted By Accountants Call 6-594 7777 now for the Payroll Specialist PAYDAY! PayrollServe time to relax www.PayrollServe.com.sg
      41 words
  • Page 28 Miscellaneous

  • PROPERTY
    • 697 29 -NYT Finance firms giving up space as they downsize, picture could get worse [NEW YORK] Last year, when the New York real estate market was still frothy, large blocks of office space were hard to come by. Not anymore. Almost 16 million square feet
      -NYT; AFP  -  697 words
    • 443 29 Reuters [NEW YORK] Brazil, Egypt, Mexico and China remain some of the best places for property investments as the global financial crisis drags on, real estate mogul Sam Zell said on Tuesday. Those countries have a shortage of affordable housing
      Reuters  -  443 words
    • 463 29 Reuters [BEIJING] Suffering from a slumping housing market, Chinese developers are scrambling to find new ways to keep the cash flowing in and creditors at bay, with anything from factories to timeshares in their sights. An oversupply of new apartments in an economic
      – Reuters  -  463 words
    • 353 30 Reuters It moves up to first place in survey after being rated third in the past two years [TOKYO] Tokyo takes the top spot for next year's real estate investment prospects among big Asian cities, with many foreign investors seeking opportunities in Japan's beleaguered property
      Reuters; AFP  -  353 words
    • 226 30 Bloomberg [HONG KONG] Hong Kong's home sales fell 79 per cent last month, the biggest drop since at least 1996, as a recession and a falling stock market hurt demand. The number of residential units changing hands in the city sank to 3,264
      Bloomberg  -  226 words
    • 304 30 Bloomberg [MUMBAI] India's worst terrorist attack in 15 years will accelerate a slide in property stocks that have already plunged this year on investor concern about faltering demand, Jones Lang LaSalle Inc's local unit said. The attacks last week on Mumbai's
      Bloomberg  -  304 words
  • Page 29 Advertisements
    • 154 29 Industrial Land »Sil_C Fr»D QAI E IKJ nusajaya rUli JMLt I IN All the right business reasons Southern Johor (15 MINUTES DRIVE FROM SINGAPORE) Only managed industrial park in Nusajaya Nusajaya largest urban integrated development in South East Asia Land size-3 acres and above Ample land for operational expansion Phase
      154 words
    • 213 29 MB- 8' 'Display sets to clear 50 /> less to nme way for 2009 Collections. 5 sets only! First come first serve. I Market downturn? .Credit crunch? Maintaining a lavish lifestyle and luxury living without feeling the pinch?... As one of the leading kitchen specialists, we offer imported European kitchens
      213 words

  • Page 30 Advertisements
    • 620 30 ft ttMMllPiiil f *i lliSSitß mWBSBmI Iliil ll.7t'(!^?i;lllLil'iTtll savills ZapCode HOW TO ZAP: Download software by SMS-ing the word "zap" to *****. Zap the colour code found In the Savills advertisement. GPRS data traffic charges apply. Call 1800-354-4868 (office hours) for help. Terms conditions apply. PRIME ORCHARD AREA COMMERCIAL SPACE
      620 words