The Business Times, 9 June 2009

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Total Pages: 28
1 28 The Business Times
  • 22 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg SfJl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA(P) 197/08/2008 Tuesday, June 9,2009
    22 words
  • 573 1  -  TEH SHINING Survey shows sharp turnaround but analysts caution things could change By [SINGAPORE] Employers here have turned cautiously optimistic with their hiring plans for the next three months, the latest Manpower Employment Outlook Survey has found. The sharp turnaround in
    573 words
  • MARKETS DIGEST
    • 44 1 1COMP 1,072.85 -2.65 IIKKEI225 9,865.63 +97.62 1ANG SENG 18,253.39 -426.14 ;et index 600.03 -4.54 JAKARTA COM P 2,056.65 -22.28 IANILACOMP 2,517.73 -10.95 ;eoulcomp 1,393.30 -1.41 ;henzhen b 468.00 +3.75 IUMBAI IND 14,665.92 -437.63 12 noon EDT Cham )OW 8,656.27 -106.86 IASDAQ 1,829.99 -27.43
      44 words
    • 28 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONGKONG 5.00 INDONESIA 16.471 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 12.25 Source:
      Bloomberg  -  28 words
    • 45 1 IS$ (S$ ier US$) 1.461 (US$/S$ per 1.582 2.312 ;URO (US$/S$/E) 1.387 2.027 Foreign currency per US$ 1$ 'EN 98.60 67.50 3.518 2.407 IK$ 7.752 5.305 !AHT 34.40 23.54 lUPIAH 10,035 6,867 lENMINBI 6.837 4.679 INDIAN RUPEE 47.52 32.52 1.275 0.872 IZ$ 1.618 1.107
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  • 969 1  - The industry sky darkens but SIA has a Plan B VEN SREENIVASAN Global aviation losses may hit USs9b; SIA to reconfigure planes, encourage upgrades to premium seats By in Kuala Lumpur THE global commercial aviation industry will lose US$9 billion this year and carriers like Singapore Airlines (SIA) have already
    FILE PHOTO  -  969 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 52 1 OIL TERMINAL S'PORE HPH^IH PROPERTY SME INC \^K Work on USslb Johor project ARTS FEST P^ffi Ageing VTB Building Expanding abroad \t'^ set to start next year A night of intriguing jf WfFJB sold for $71m with new name jL f PAGE 2 Contrasts PAGE 17 wLi^fll Wh PAGE 28
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  • THREE-MINUTE DIGEST
    • 79 2 THE global commercial aviation industry will lose US$9 billion this year and carriers like Singapore Airlines have already started tweaking tactics to weather the storm. The revised forecast for industry losses by the International Air Transport Association is double its previous financial
      79 words
    • 71 2 EMPLOYERS in Singapore have turned cautiously optimistic with their hiring plans for the next three months, the latest Manpower Employment Outlook Survey found. The sharp turnaround in net employment outlook quarter-on-quarter from negative 43 per cent to positive 5 per cent, showed
      71 words
    • 43 2 MINISTER Mentor Lee Kuan Yew, who is also the chairman of the Government of Singapore Investment Corp, said yesterday that the sovereign wealth fund would be cautious and take few risks. TOP STORIES, PAGE 2
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    • 40 2 SHELL'S brand-new US$3 billion petrochemical cracker complex starting up in Singapore this year-end "can still make money despite the lousy environment", says the group's chief executive Jeroen van der Veer. TOP STORIES, PAGE 3
      40 words
    • 76 2 DBS VICKERS Securities has raised its 12-month target price for the stock of Singapore Exchange to $9.10 the highest now among the target prices of 20 analysts polled by Bloomberg. Reiterating its "buy" call on SGX, DBS Vickers said the exchange's average daily volume
      76 words
    • 35 2 SINGAPORE Technologies Engineering's ST Electronics has been awarded a contract worth over $100 million to supply advanced military technology to the Singapore Armed Forces. COMPANY NEWS, PAGE 5
      35 words
    • 39 2 GOVERNMENT and politicians are now the most influential in determining corporate social responsibility policies, a survey by CSR Asia between February and March this year showed. SINGAPORE NEWS, PAGE 8
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    • 74 2 THE big emerging market nations are buying US dollars at the fastest pace since September, protecting their exports while considering alternatives to the greenback. Brazil, Russia, India and China increased foreign reserves by more than US$6O billion in May to limit currency
      74 words
    • 64 2 VTB Building, an ageing freehold office block on Robinson Road, is said to have been sold for $71 million or about $1,061 per square foot based on existing net lettable area. The price is about 18 per cent higher than the
      64 words
  • 671 2  -  S JAYASANKARAN He receives top lata award and shares his views on Obama, economy and future By in Kuala Lumpur MINISTER Mentor Lee Kuan Yew, who is also the chairman of the Government of Singapore Investment Corp (GIC), said yesterday that the
    AP  -  671 words
  • 587 2  -  PAULINE NG Work to start next year if study proves project viable By in Kuala Lumpur WORK on a US$l billion independent deepwater petroleum terminal that can accommodate up to five million cubic metres of storage will start at Pengerang, in south-east Johor, by
    587 words
  • 348 2 Bloomberg [WASHINGTON] Citigroup is poised to start a US$5B billion stock swap that was delayed last week as Sheila Bair, chairman of the Federal Deposit Insurance Corp, questioned chief executive officer Vikram Pandit's leadership and the bank awaited regulatory approval from
    Bloomberg  -  348 words
  • Page 2 Advertisements
    • 539 2 Interest Rate Risk Management and Foreign Exchange Rate Risk Management Workshops Dates and Time These shared learning workshops cover both the essentials in foreign exchange and Workshop 1: Interest Rate interest rate risk management by taking participants through the rudiments of currency Risk Management risk management and interest rate risk
      539 words

  • 675 3  -  RONNIE LIM He says new cracker complex can team up with Bukom refinery to succeed By [SINGAPORE] Shell's brand-new US$3 billion petrochemical cracker complex starting up in Singapore this year-end "can still make money despite the lousy environment", says the group's chief executive Jeroen
    AP  -  675 words
  • 520 3  -  AMIT ROY CHOUDHURY Visa poll shows Singaporeans spent an average US$4,OlB last year By [SINGAPORE] It's official. Singaporeans are the biggest online spenders in the Asia-Pacific region and splurged an average of US$4,OlB last year, according to a survey done by Visa. The study
    PHOTOSDISC  -  520 words
  • 689 3 Reuters [CHICAGO] Trade finance is showing signs of life following traumatic upheavals during the height of the financial crisis late last year but smaller traders, in particular, are still finding it hard to obtain credit. "For smaller players without an established track record, getting
    Reuters  -  689 words
  • Page 3 Advertisements
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      104 words

  • COMPANY NEWS
    • 492 4  -  VINCENT WEE Meanwhile, KepFels' client appears to have averted crisis By SEMBCORP Marine unit Jurong Shipyard has finally completed the sale of Petroßig I's semi-submersi-ble rig to Diamond Offshore Services Company, a related company of major deepwater drilling services contractor Diamond Offshore
      492 words
    • 389 4  -  JAMIE LEE The brokerage firm upped the target price to $9.10 from $7.80 earlier By DBS Vickers Securities has raised its 12-month target price for the stock of Singapore Exchange (SGX) to $9.10 the highest now among the target prices of 20 analysts polled
      389 words
    • Article, Illustration
      52 4 KEPPEL KEPPEL Corp's rigbuilding unit Keppel Fels yesterday deliveredEnsco 8501, the second of seven Ensco 8500 Series ultra-deepwater semi-submersibles being built for drilling contractor Ensco International. The rig has a 3 1/2-year contract in the Gulf of Mexico and is expected to start work reportedly for Nexen Petroleum
      KEPPEL  -  52 words
    • 562 4  -  EMILYN YAP CAPITALAND has more assets in China than several Singa-pore-listed China firms (S-chips) and has set its eyes on growing further. Better yet, most of its top management executives and board members reside right here in Singapore. This being so, investors searching
      562 words
    • 374 5  -  CHEW XIANG Award involves supply of Advanced Combat Man System By SINGAPORE Technologies Engineering (ST Engg) has been awarded a contract worth over $100 million to supply advanced military technology to the Singapore Armed Forces (SAF). The award is not expected to have any
      374 words
    • 402 5  -  VINCENT WEE By OFFSHORE marine group Otto Marine continued with its strategy of pursuing tie-ups with partners in key offshore oil and gas areas by establishing a joint venture (JV) with Western Aus-tralia-based Go Marine Group. "We are pleased to enter
      402 words
    • 344 5  -  EMILYN YAP By SHAREHOLDERS of Sapphire Corporation have approved a $54.9 million share swap arrangement which will allow the company to raise its effective stake in Neijiang Chuanwei Special Steel Co (Special Steel) to 51 per cent. Sapphire said in a
      344 words
    • COMPANY BRIEFS
      • 62 5 Z-OBEE Holdings, a group that provides complete handset design services spanning the entire handset design cycle, said it has signed a milestone agreement with Hong Kong-listed Tencent Holdings Ltd. Under the strategic partnership, Z-Obee will equip its VIM series phones with Tencent's QQ communication
        62 words
      • 81 5 SOILBUILD Group Holdings has announced the appointment of Ho Toon Bah as executive director with effect from July 1,2009. The appointment is in line with Soilbuild's long-term vision of developing a core professional management team "that enhances the entrepreneurial spirit and technical expertise of the
        81 words
      • 29 5 MERMAID Maritime Public Company said yesterday its subsidiary had purchased a newbuild DP2 dive support vessel for around US$9l million on June 5.
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      • 31 5 PRIME Trade Enterprises has acquired 333.5 million shares or a 12.77 per cent stake in Thakral Corporation. Bikramjit Singh Thakral is Prime Trade's sole shareholder.
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  • Page 4 Advertisements
    • 103 4 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES Enjoy our newest destination at these irresistible prices Keep your eyes open for a spectacular natural phenomenon, where the sleepless sun awakes you. Fly with THAI from
      103 words

  • Page 5 Advertisements
    • 41 5 A I M H^ id *akly.M ,V W. K ii ,Jjm Front, Regular Fit [Pleated, Regular Fit [Flat Front, Comfort FitJ^L, (Pleated, Comfort Fitj| DOCKERS SAN FRANCISCO Raffles City Suntec City VivoCity BHG Bugis Isetan Tampines Metro Paragon Takashimaya Dept Store
      41 words

  • SINGAPORE MARKETS
    • 595 6  -  R SIVANITHY STOCKS STl's fall comes in tandem with a 2.3% loss by Hang Seng, widely considered the main benchmark for the region THE Straits Times Index yesterday dropped 62.65 points to 2,333.70 part of a region-wide weakening that brokers attributed to "tiredness", "profit-taking"
      Bloomberg  -  595 words
    • 92 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 13 3 0 0 0 2 13 3 lanutacturing 34 121 49 17 38 138 58 Commerce 53 12 11 59 20 'pt/Stor/Comms 32 35 :inance 19 19 Construction 21 24 'roperties 40 40 lotels/Rsts
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    • 117 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 72.712 72.712 70.152 70.152 lanufacturing 712.923 395.374 1.108.297 261.434 16.533 277.967 lommerce 443.601 5.230 448.831 83.184 683 83.868 "pt/Stor/Comms 195.001 1.926 196.927 239.978 220 240.198 :i nance 33.104 33.104 246.266 246.266 lonstruction 179.699 29.733 209.432 21.637 617 22.254 'roperties
      117 words
    • 105 6 lapitaLand 3.710 -0.140 lapitaMall 1.400 -0.050 jtyDev 8.950 -0.640 lomfortDelGrc 1.310 losco Corp 1.340 -0.080 IBS Grp 12.340 -0.440 :&N 3.680 -0.290 ienting SP 0.695 -0.020 iolden Agri 0.430 -0.020 IK Land 3.200 -0.100 IMH 25.000 -0.720 ISH 13.600 -0.400 lardineC&C 17.800 +0.200 Ceppel Corp 6.780
      105 words
    • 282 6  -  JOYCE HOOI Property Sector DMG PARTNERS SECURITIES, June 8 GRAB the bull by the horns: We are upgrading our sector call on the property sector to "overweight", on the back of (1) physical prices levelling off, (2) a comfortable mid-prime price disparity paving the way for return of
      282 words
    • 239 6  -  KEN TAI CHART POINT THE Straits Times Index rallied towards a high of 2,424 last week and continues to trade between the 2,344 support and 2,424 resistance band. The STI opened at 2,417 this week as the US market managed to close in positive territory
      : Bloomberg  -  239 words
    • 649 6  -  OH BOON PING CURRENCIES BUILDING on last week's gain, the US dollar came roaring back against major currencies yesterday, but the jury is still out on the dollar's fate in the medium term. Meanwhile, RBC Capital Markets expects the Singapore dollar to strengthen
      649 words
    • 4 6 DAILY
      4 words
    • 55 6 CLOSE IT OB/OS 401.00-550. OC IT CADI -*****.00-343.0i IT 10-day MA -*****.00+40.01 TSE ST Mid Cap 531.60 -18.4 TSE ST Small Cap 444.20 -22.41 TSE ST All Share 571.02 -16.6 TSE ST China Top 244.54 -10.2 TSE ST China 242.50 -9.8! OB Catalist 105.74 -5.4' IMSCI 283.22
      55 words
    • 53 6 VOLUME EuNetworks 210,412,000 Diqiland 132,031,000 Centillion 121,639,000 Jade Tech 120,665,000 ChinaNTown 112,258,000 Ezion 111,632,000 Goldtron 102,401,000 MDR 96,532,000 Sunmoon 84,620,000 Gentinq SP 79,639,000 VALUE(S) Capita Land 157,055,332 DBS Grp 91,050,139 Ezion 69,923,255 UOB 66,274,585 CityDev 64,405,320 Cosco Corp 60,548,580 Gentinq SP 56,265,825 Wilmar 51,981,510 Sing Tel 42,799,967
      53 words
    • 107 6 CLOSE UP iBXT FTVietnam 10US$ 5100 242.5 3.4 iBXT S&P Short 10US$ 6740 111.0 1.1 iBS.ES.0906 1234 58.0 4. lardine C&C 1780 20.0 1.1 ICBCCai i.93%Pref10 7520 20.0 0. 'elom 100 11.0 12.. "otal Access 93.5 9.5 7. /xor Nasdai |100 10US 600 8.8 1.' iBS RB ePW*****3 45
      107 words
    • 112 6 CLOSE DOWN LP 10US$ 9291 -450.0 -3.2 ICBC Bk4.5%NCPS 100 8950-250.0 -2.7 IMH 2500-105.2 -2.8 China H 10US$ 1367 -83.3 -4.0 DBXT MSTaiwan 10US$ 1298 -76.0 -3.9 :it 895 -64.0 -6.7 ICBC Bk5.1%NCPS 100 9600 -62.0 -0.6 ISH 1360 -58.4 -2.9 :it 7.ES.0906 893 -58.0 -6.1 DBS Gr| 1234
      112 words
    • 87 6 Wh lere S! i$ stands Jun 8 CHNG CLOSE FRJUI15 YR2009 S$ LOW S$ HIGH uss 1.4597 -0.87 1.5579 1.4308 Euro 2.0172 1.67 2.0732 1.9150 Pounds 2.3092 0.84 2.3860 2.0356 AS 1.1444 1.78 1.1776 0.9453 Yen* 1.4824 0.78 1.7278 1.4831 Rupiah* 0.***** -0.02 0.***** 0.***** Baht* 4.2458 -0.32 4.3390
      87 words
  • Page 6 Advertisements
    • 103 6 \iiwUf -iH^-. "liii Ww s-* IMM-H si"**^" The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and needs. CFDs are leveraged products and have the potential for both significant gains as well
      103 words

  • SINGAPORE NEWS
    • 367 7  -  JOYCE HOOI Spore ranks highest in S-E Asia in 54th place; above New York in 56th By THE latest Economist Intelligence Unit (EIU) survey has revealed a stark polarisation among Asian countries. In its survey ofthe liveability of 140 cities worldwide, three Asian countries
      367 words
    • 198 7 Reuters [SINGAPORE] British private equity firm 3i has shelved a plan to sell its majority stake in unlisted Singapore oil services firm Franklin Offshore International after bids for the stake came in below expectations, two sources with knowledge ofthe deal told Reuters.
      Reuters  -  198 words
    • 804 7 CORPORATE SOCIAL RESPONSIBILITY IN 2003, Pansy Lim, charity director ofthe Singa-pore-Thai Chamber of Commerce (STCC), decided to start projects to build dormitories for the schools serving the population of around 40,000 residing in Wieng Kaen's 40 villages. The hill-tribe children of Wieng Kaen,
      804 words
    • 356 8  -  JAMIE LEE Trend likely to stay as they enforce environment, labour regulations By GOVERNMENT and politicians are now the most influential in determining corporate social responsibility policies, a recent survey by CSR Asia showed. CSR Asia polled 73 unidentified experts based
      356 words
    • 618 8 Reuters Supply and demand fundamentals don't justify crude price gains, say analysts [SINGAPORE] Oil's race towards US$7O a barrel in the last few months has stirred a debate on whether prices have run ahead of fundamentals, or if the market has bottomed and
      – Reuters; BLOOMBERG  -  618 words
    • 467 8  -  NISHA RAMCHANDANI S'pore, French firms can cooperate in water, waste and energy projects By FRANCE is touted as a viable option for Singapore companies looking for greener pastures to embark on research and development (R&D) projects. "We have big groups and companies dealing with
      467 words
    • 409 8 Bloomberg BANKS will be able to increase charges for loans more easily after tightening so-called market disruption clauses in funding documents, according to HSBC Holdings pic. The clauses, common in loans, enable banks to raise the rates that they charge to borrowers to
      Bloomberg  -  409 words
    • 101 8 SINGAPORE Airlines is temporarily relocating its service centre and PPS Club service centre from Paragon to The Atrium@Orchard from Sunday. Both service centres will eventually make the move to a new permanent location at the upcoming lon Orchard. All ticketing services will be available at
      101 words
    • 361 8  -  LEE U-WEN By THE names of 46 people are in the hat from which the next batch of Nominated Members of Parliament (NMP) will be picked when the new term starts in iyA statement released by the Clerk of Parliament last night said that
      361 words
  • Page 7 Advertisements
    • 292 7 T mWmmmi *8~1 Tr B Capita Land i- _c]j jf i p^ ■fci' Bu ~^__J^__D^3 FOUNDATION ■_IMmMmWr^ T _l_fi_3_L 's^ _____r ______^__n__^^^^^^^^^^^^y^^^^^^^^_____l^^^^^^^^Mi_______i_^___H Jpy Wim tr M K^*"~ Determined and relentless under the glare of the hot sun in Yogyakarta, Indonesia, Capita Land staff volunteers from China, J.* 3^ S*fflt 'BJF&'
      292 words
    • 15 7 This is the second of a four-part series brought to you by Cap/taLand BUILDING PEOPLE
      15 words

  • Page 8 Advertisements
    • 72 8 Suntec City Office Towers SBB The Business Capital of Asia J?.\' < I C"*-^i Prestigious Business Address Panoramic city, Fountain of Wealth and sea views \w\ 'vvW/V+v Integrated ancillary business facilities Units from 900 sq ft to 27,000 sq ft available to meet diverse business needs Fitted out units available
      72 words

  • SME Inc
    • 580 9 LBG-NGT will make formal transition to its new image in August as Anderco Holdings, reports BRITTANY KHOO STEEL structure provider LBG-NGT Corporation is aggressively expanding overseas to make up for shrinking demand in Singapore and a new name may just do the trick. After 11
      ARTHUR LEE  -  580 words
    • 639 9  -  JOANNE TANG Lower gross margin meant becoming a volume player By IN trying to plug a market gap, Andrew Chan managing director of Soup Spoon turned his idea of serving gourmet food at massmarket prices into an expanding chain of nine restaurants employing 120 staff.
      YEN MENG JIIN  -  639 words
    • 472 9  -  CHEN HUIFEN By UNFAZED by the challenging economic landscape, restaurant chain operator Paradise Group is planning to open four more outlets by the end of this year, bringing the total number of restaurants in its stable to 10. Paradise Group, which is behind the
      472 words
    • Article, Illustration
      2242 10 THIS WEEK'S TOPIC Prime Minister Lee Hsien Loong has said the government is willing to do more to nurture local companies and make them globally competitive. This is one of the key areas that the Economic Strategies Committee will look at. What do you think local firms
      STOCK.XCHNG  -  2,242 words
    • 403 11  -  TEH HOOI LING By IN a recent article, respected market commentator Chan Yan Chong noted that shares have risen in a straight line since March. Despite expectations of profit-taking by many market pundits, no significant pull back has taken place. His explanation was that
      403 words
    • 1081 11  -  JEYA POH WAN SUPPIAH COMMENTARY E5O companies are focusing on containing costs, seizing opportunities, managing cash By IN the past month, the markets have yielded some encouraging news. While we hope this points to economic recovery, the lessons of the downturn should not be easily forgotten.
      STOCK.XCHNG  -  1,081 words
  • Page 9 Advertisements
    • 273 9 ENTERPRISE Celebrating Singapore's Enterprising Spirit 2009 IT for Non-IT Professionals Date: 15th June 09 (Mon) Time: 9.00am 11.00am (Registration starts at 8.30am) Venue: 8 Wilkie Road l a #03-08 Wilkie Edge Who should attend: Singapore *****5 Finance Accounts HR and Admin Managers This seminar will equip non-IT professionals with basic
      273 words
  • Page 9 Miscellaneous

  • Page 10 Advertisements
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  • Page 10 Miscellaneous
    • 94 10 SME The topic for next week's SME Voices Column is: "To keep staff costs down, would you favour encouraging workers to work from home, or working more flexible hours? What do you think are the pros and cons of such an approach, and to what extent is it feasible?" If
      94 words

  • Page 11 Advertisements
    • 1225 11 C^^v* acti°n \|g&r entrepreneurship A special feature by Action Community for Entrepreneurship (ACE) In a Crisis, Entrepreneurs Catalyse Opportunity We Americans Often Recessions are boom times for entrepreneurs. building a long-term player, but hoping that some m ,^T i:i.~+~ ~i,j Why? In part because opportunities elsewhere big competitor will buy
      1,225 words

  • ECONOMY WATCH
    • 974 12 Bloomberg Brazil, Russia, India, China meeting next week to consider alternatives to dollar [BANGKOK] The big emerging market nations are buying US dollars at the fastest pace since September, protecting their exports while considering alternatives to the greenback. Brazil, Russia, India and
      Bloomberg; BLOOMBERG  -  974 words
    • 459 12 Reuters [WASHINGTON] The dwindling US financial bailout fund will get a boost this week with repayments from some large banks and could see more resources freed up as once-ambitious programmes to buy up toxic bank assets shrink. This could present the US Treasury with
      – Reuters  -  459 words
    • 781 12 NYT [WASHINGTON] President Barack Obama was getting his daily economic briefing one recent morning when a fly distracted him. The president swatted and missed, just as the pest buzzed near the shoes of Lawrence Summers, the chief White House economic adviser. "Couldn't you aim
      NYT; AFP  -  781 words
    • 590 12 Reuters [TOKYO] Growth in Japanese bank lending slowed to a seven-month low in May as firms stop hoarding cash and it becomes easier to obtain funds via capital markets, but the slowdown also points to a worrying drop in funding demand. Companies
      Reuters  -  590 words
    • 392 12 -AFP [TOKYO] Japan's current account surplus in April fell by more than half from a year earlier as the global economic downturn continued to batter exports, official data showed yesterday. The Finance Ministry said the April surplus dropped by 54.5 per cent to 630.5
      -AFP  -  392 words
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  • MALAYSIA/INDONESIA
    • 541 13 Bloomberg, Reuters The economy may expand between 4% and 4.5% this year, says finance minister [JAKARTA] Indonesia's investment growth may accelerate for the remaining quarters of the year as lower interest rates encourage bank lending, Finance Minister Sri Mulyani Indrawati said. Investment in Southeast Asia's
      Bloomberg, Reuters; BLOOMBERG  -  541 words
    • 311 13 Reuters [NUSA DUA, Indonesia] Indonesia expects a drop in the value of its exports this year to be less severe than previously forecast given signs of an improving global economy, Trade Minister Mari Pangestu told Reuters yesterday. The value of Indonesia's total exports is now
      ■ Reuters  -  311 words
    • 621 13 Bloomberg Petronas chief cites signs of recovery in global economy [SINGAPORE] Liquefied natural gas (LNG) buyers are cancelling deferments of cargoes on signs of a recovery in the global economy, Petroliam Nasional Bhd chief executive officer Hassan Marican said. "We see some of the deferments
      Bloomberg; AFP  -  621 words
  • Page 13 Advertisements

  • GREATER CHINA/INDIA
    • 616 14 AFP, Bloomberg It rejects last-minute unsolicited US$1.2b refinancing proposal from Canadian bank [SYDNEY] Australian miner OZ Minerals will stick with a plan to sell most of its assets to China's Minmetals and reject a last-minute alternative proposal. The debt-laden miner said it would not
      AFP, Bloomberg; AFP  -  616 words
    • 241 14 -Reuters [SHANGHAI] China's global influence is set to grow faster than most people expect, with its isolation from the global financial system and a heavy state role in banking aiding a relatively swift economic recovery, financier George Soros said on Sunday. He
      -Reuters  -  241 words
    • 504 14 Reuters [NEW YORK] China Construction Bank (CCB), the world's second-biggest bank by market value, would like to set up branch offices in fellow BRIC nations Brazil, India and Russia, its chairman Guo Shuqing said on Sunday. He also said that CCB
      Reuters  -  504 words
    • 258 14 Bloomberg It is trying to reduce pollution by 15% by 2010 from'os levels [BEIJING] China, a major producer of greenhousegas emissions, rejected 473 billion yuan (*****.7 billion) of polluting projects last year. The government turned down 156 highly polluting industrial projects in 2008,
      Bloomberg  -  258 words
    • 492 14 Reuters [NEW DELHI] Car sales in India rose an annual 2.5 per cent in May, climbing for the fourth month, as aggressive rate cuts and stimulus packages helped, but the momentum is set to ease, an industry body said yesterday. Borrowing costs
      Reuters; REUTERS  -  492 words
    • 227 14 Reuters [TAIPEI] Taiwan's exports in May fell by almost a third from a year earlier, however the fall was slightly less than expected as a slump in demand from the island's major trading partners showed tentative signs of easing. Falls in exports
      Reuters  -  227 words
  • Page 14 Advertisements
    • 918 14 g^NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GLENAYRE ELECTRONICS SINGAPORE PTE LTD (In Members' Voluntary Liquidation) Reg No. *****1789H NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at ***** Lakefield Drive Duluth Georgia *****
      918 words
    • 535 14 A B8AIS riiiinPiiPi CHAPTER 50 and AMD IN THE MATTER OF IN TUC U4TTTB K CIG SINGAPORE PTE LTD IN InfclHAI ItKUr (in creditors'voluntary liquidation) KENWOOD LOGISTICS (S) PTE LTD (Company Registration No. *****5267R) (IN MEMBER'S VOLUNTARY LIQUIDATION! IfTTiPTTIfl^TT?^ (Company Registration No. *****2316DI ■nMH«|mBM|i Notice is hereby given that at
      535 words

  • WORLD
    • 754 15  -  STEVE SLATER COMMENTARY By I KNOW, it's a shocking pun, but I fear I won't be the last to use it. Jenson Button's winning performance in the Turkish Grand Prix on Sunday took him another step closer to a world championship title. His victory
      AP  -  754 words
    • 357 15 ■AP Organisers should have let the public in for free, they say [ISTANBUL] With all of the talk of cost-cutting in Formula One, somebody forgot to slash ticket prices for the Turkish Grand Prix. Fl is in crisis over controversial team budget
      ■AP  -  357 words
    • 733 16 -LAT-WP But officials say less visible govt support could be more difficult to terminate [WASHINGTON] The Barack Obama administration was planning to announce as soon as yesterday that some of the largest US banks can repay billions in federal aid, but some officials
      -LAT-WP  -  733 words
    • 745 16 AP Record low turnout points to voter apathy [BRUSSELS] Centre-right parties hailed European Parliament election victories as a continent-wide vote for conservative approaches to the economic crisis, and pledged yesterday to forge ahead. Right-leaning governments came out ahead in Germany, France, Italy and Belgium, while
      AP; REUTERS  -  745 words
    • 465 16 Reuters [HAMBURG] Volkswagen would support the Gulf emirate of Qatar taking a substantial voting stake in either its debt-laden parent Porsche or in VW itself, Europe's largest carmaker said yesterday. "In principle we view this positively since it would accelerate the process to form an
      – Reuters; AP  -  465 words
    • 507 16 Reuters, Bloomberg [BOSTON] Boston mutual fund giant Fidelity Investments and New York private equity firm Kohlberg Kravis Roberts Co have struck a deal to sell shares of KKR initial public offerings to retail customers, hoping for a comeback in the frozen market. Fidelity, the
      Reuters, Bloomberg  -  507 words
    • 358 16 Reuters [LONDON] British Prime Minister Gordon Brown faced a potential challenge to his leadership yesterday after support for his ruling Labour Party plunged to its lowest level in a century in European elections. The slump in Labour votes, which followed a dismal performance in
      – Reuters  -  358 words
  • Page 15 Advertisements
    • 3614 15 MAN WAH HOLDINGS LIMITED ALINA LIMITED TheDelistingProrMsalwillgiveShareholdersanopportunitytorealisethevalueoftheirinvestments (Incorporated in Bermuda) (Incorporated in the Cayman Islands) in the Company at a premium over the historical trading prices of the Shares on the SGX-ST as Company Registration Number ***** Company Registration Number *****6 illustrated above, without incurring brokerage and other trading costs.
      3,614 words


  • SINGAPORE ARTS FESTIVAL 2009
    • 472 17 Joanna MacGregor's programme hints at her opinions, reports CHRISTOPHER LIM CONCERTS by crossover classical pianists are often treated with cautio n by mainstream classical audiences because of the very real danger of being fed dumbed-down fare.That's because the term "crossover" usually refers to crossing from
      472 words
    • 592 17  -  UMA SHANKARI By FORWARD Moves posed thought-provoking concepts in its dance commission this year. First, Singaporean choreographer Joavien Ng and Hamburg-based Dani Brown created Body Swap, in which they switched roles to challenge stereotypes and the construction of identity. Second, Daniel K used feedback from
      592 words
    • 353 17  -  LIM WEN JUIN By AS promised, Theatre du Kronope's rendition of 17th-century French playwright Moliere's Les Precieuses Ridicules (The Pretentious Young Ladies) was a physically vibrant affair bursting with infectious energy. The rowdy liveliness was obvious right from the start, which saw the two young country
      353 words
  • Page 17 Advertisements
    • 104 17 I 50 Enterprising Stars Will Shine This Year Submit Your Entry For The E5O Awards Now ENTERPRISE If you are a home-grown, privately-owned business with three years of audited statements, and have achieved excellent results despite the current economic climate, submit your entry for the 2009 Enterprise M 50 Awards
      104 words

  • AVIATION
    • 410 18  -  VEN SREENIVASAN lATA AGM The plane-maker turns its focus to meeting delivery deadlines By [SINGAPORE] European plane-maker Airbus has met barely 10 per cent of its target of 300 orders so far this year and has switched its focus to meeting delivery deadlines. But
      AFP  -  410 words
    • 178 18 [SINGAPORE] The Civil Aviation Authority of Singapore (CAAS) was given the Eagle Award by the International Air Transport Association (lata) yesterday its fifth such award. CAAS was named Best Air Navigation Service Provider for 2009. Previous awards were for Best Airport. Malaysia Airports Holdings won
      178 words
    • 334 18  -  VEN SREENIVASAN Agency says none of the 79 banks it uses has failed By [SINGAPORE] Despite heightened financial risks arising from failing airlines, stressed banks and troubled agencies, the multibillion-dollar clear-ing-house operations of the International Air Transport Association (lata) remain stable, the agency
      334 words
    • 2625 18 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,625 words
    • 347 18 AP [LONDON] The mysterious disappearance of an Air France jet last week while flying over the Atlantic in fierce thunderstorms is stirring a debate about whether new technologies and procedures are needed to prevent similar tragedies in the future. Experts said that it is going
      AP  -  347 words
    • 299 18 Bloomberg [SINGAPORE] Cathay Pacific Airways Ltd, Hong Kong's biggest carrier, is changing how it hedges fuel purchases after suffering HK$7.6 billion (Ssl.4 billion) of paper losses from wrong-way bets on jet-kerosene prices last year. "We want to make sure that we stop our
      Bloomberg  -  299 words
  • Page 18 Miscellaneous
    • 294 18 CRYPTIC CROSSWORD ACROSS r to be cultivated (6) 9 Grown up with age, note,can H__^M__^M__^l__^l__^l__^^^^J__ be corrupt (10) 10 Union bastion holds scope 11 The average minor perhaps M has no one (4) 14 Political affiliation of a landlord chasing 50% of rent 17 Feel remorse, accepting regu--20 Shrewd setter
      294 words

  • SHIPPING
    • 481 19  -  VINCENT WEE The move for single brand for logistics operations causes some job losses By [SINGAPORE] A.P. MollerMaersk is consolidating its supply chain and freightforwarding businesses under the Damco brand from Sept 7. The reorganisation may signal a desire to increase the profile of the
      MAERSK  -  481 words
    • 766 19 Bloomberg [LONDON] France's luxury yacht makers are riding out the recession in bankruptcy protection, irking European peers who say their state-sanctioned refuge skews competition. Rodriguez Group, which built convicted conman Bernard Madoff's vessel Bull, and Poncin Yachts SA have been using France's liberal
      Bloomberg  -  766 words
    • 381 19 Bloomberg In doing so, they benefit from contango market [LONDON] Oil companies are storing crude on at least seven supertankers off the coast of the UK, enough to supply the country for more than a week, even as rising prices reduce
      Bloomberg  -  381 words
    • 749 19 ■AP [NAIROBI, Kenya] There's not a warship for miles, a small pirate skiff is speeding toward you and there's no way the creaking tub you're on can outrun the bandits. How long do you wait before you shoot? It's just one of many possible dilemmas
      ■AP; AP  -  749 words
    • 301 19 Bloomberg [HONG KONG] Export-Import Bank of Korea will provide US$3OO million in loans and guarantees to a Brazilian customer that placed an order for two drill ships with Daewoo Shipbuilding Marine Engineering Co in May last year. Loans worth US$l65 million and US$l35
      Bloomberg  -  301 words
    • TRANSPORT STOCKS
      • 103 19 '000 CH Offshore 0.50 Chuan Hup Hldgs 0.25 Cosco Corp 1.34 CWTLtd 0.53 Ezra Hldgs 1.27 First Ship Lease 0.61 Freight Links 0.07 Grand Banks unch laya Hold Ltd 0.61 KiVentures 0.16 KeppelCorp 6.78 MTQCorp 0.70 NOL 1.62 Pacific Shipping 0.23 Pan-United Corp 0.56 Rickmers Mari 0.59 Samudera Ship
        103 words
      • 36 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.87 8.50 8.45 3.32 2.79 0.03 0.10 unch -0.05 0.05 -0.06 unch 0.01 unch 321 73 1056 1041 5 198 2255
        36 words
      • 12 19 ■oo 'recious Ship Regional Cont 16.80 8.35 -0.40 -0.15 7031 1349
        12 words
      • 12 19 '000 Km Doil iingamas Cont 36.05 1.10 -0.30 1271 unch 5127!
        12 words
      • 20 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.60 17.00 unch unch 0.20 0.25 unch unch 19; 241
        20 words
      • 20 19 lun Evergreen Marine ...18.30 :irst Steamship 47.55 Wan Hai Lines 16.25 fang Ming Marine...13.30 -0.55 -2.30 -0.55 -0.70 1.
        20 words
      • 40 19 '000 (awasaki Hvy Ind ..218.00 (awasaki Kisen 433.00 Mitsubishi Hvy 376.00 Mitsui Eng&Sbldg...227.00 Mitsui Osk Lines 670.00 Mippon Express 414.00 MipponYusen 447.00 iource: Thomson Reuters 2.00 ***** 3.00 ***** 19.00 ***** 1.00 2076 -2.00 ***** -3.00 2586 -2.00 *****
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  • EDITORIAL & OPINION
    • 474 20 IT is probably far too early to conclude whether President Barack Obama's address in Cairo University last week, which was meant to improve US relations with the Muslim world, will be remembered in the pantheon of great speeches. At a minimum, the Cairo
      474 words
    • 882 20  -  HOON HIAN TECK Economic Strategies Committee's main focus should be on how to boost potential output By AS THE global credit crunch takes its toll on the economy, leading to drastic downward revisions of the 2009 GDP (gross domestic product) growth forecasts, Singapore's severe vulnerabilities
      THE STRAITS TIMES FILE PHOTO  -  882 words
    • 798 20  -  LEON HADAR THE BOTTOM LINE US President Barack Obama returned to Washington, after his trip to the Middle East and Europe, where he will presumably try to boost efforts towards what some officials and pundits are describing now as "economic recovery".
      798 words
    • 1672 21  -  GERARD LYONS The scale of the policy stimulus around the world is huge, but more is likely to be needed to halt growth declines By THE scale of international fiscal and monetary policy easing and the prospect of more to come is having
      AFP  -  1,672 words
    • 842 21  -  WILLIAM PESEK JR Bloomberg LAST week was a rough one for officials in Beijing. On June 4, commemorations of the 20th anniversary of the Tiananmen Square crackdown were splashed across global television screens as China struggled to keep its people
      – Bloomberg  -  842 words
    • 295 21 LETTER TO THE EDITOR WE refer to the Hock Lock Siew column, "Short-sell-ing fines: are criticisms justified?" (BT, May 25.) The author seems to suggest that criticisms on short-sell-ing fines are unjustifiable and traders "should learn to live with" the existing trading system. We wish
      295 words


  • SINGAPORE STOCKS
    • 8875 22 Transaction date: Jun 8 Hi! !-wks Tel Low Code Com| Sale COOP) Hi: Low Bu] ?er Seller C'vr P/E Smil >an] 8 3 3148 8Telecom 10 2.5 5834 A-Sonic 30.5 12 5000 ABRHIdgs 15 5.5 1938 AEICorp 8.5 1 1100 AEM 23 7 2101 APOil 71 26.5 5550
      8,875 words
    • 1697 23 High Low Code Company Sale C000) High Low Buyer Seller C'vr P/E $mil 19 5 1181 s AAGrp 32 12 8538 t APStrategic 4 0.5 1501 s Advanced System 9.5 2 3480 t Adventus 27.5 8.5 3518 s Afor 15.2 2 1524 t Alantac 19.5 3.5 7814 t
      1,697 words
    • 370 23 ill! Low Code Comi Sale C000) ill! Low Bui Seller C'vr P/E $mil 109 100 6389 ABF SG Bond ETF 109 +1.9 934 427 CIMBAsean40 100USS US641 -9 246 149 DBS STI ETF 100 234 -7 2772 1682 DBXT FTChina25 10USS US2752 5100 3228 DBXT FTVietnam 10USS US5100
      370 words
    • 243 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
      243 words
    • 9412 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.854/ AIGIF Spore Bond Fund/A 1.262/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.96/ APS Alpha Fund (USD)!** 0.67/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5099/ APS Komaba Global
      9,412 words
  • Page 22 Advertisements


  • FINANCE & COMMODITIES
    • 367 24 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jun 5 World Index Preliminan 715.7 0.4 5.6 0.1 7.7 -0.3 6.9 EAFE Preliminai 682.4 0.7 5.1 -0.2 7.6 -0.5 6.1 Euro[ Preliminan 938.3 0.6
      367 words
    • 131 24 As at 9am Jun 8 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1490 1.1830 an dollar 1.2940 1.3090 Euro 2.0200 2.0430 NZ dollar 0.9050 0.9250 terlinc nd 2.3090 2.3360 US dollar 1.4460 1.4630 Local dollars to 100 units of foreign
      131 words
    • 169 24 Jun 8 Otter Overnight 1-month 2-months 3-months Overnight mode: 1/8 ys$ 1/16 7/16 9/16 11/16 Offer 1/32 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.35 0.42 0.75 0.85 1.20 1.90 2.00 Offer 0.25 0.32 0.45 0.55
      169 words
    • 19 24 Jun 8 en Hie Sett J\_ IMSCI Jun 290.5 294.5 282.6 aiwan Jun 249.5 250.6 241.6
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    • 22 24 JunS I SI Bid Offer 1-month 1.4610 1.4617 2-months 1.4609 1.4616 3-months 1.4608 1.4616 6-months 1.4604 1.4613 Source: OCBC
      22 words
    • 64 24 Jun 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Jun 09 2540 Jul 09 2503 Aug 09 2520 SepO9 2516 Total o/p: ***** contracts 2492 2540 2485 2469 2533 2464 2460 2526 2454 2455 2518 2447 Turnover:
      64 words
    • 302 24 Jun S OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO9 SepO9 DecO9 Mar10 99.3075 99.1050 98.6750 98.3450 5850 8665 4974 3674 EUROYEN TIBOR FUTURES JunO9 99.440 99.440 SepO9 99.500 99.500 DecO9 Mar10 99.500 99.500 Jun10 Sep10 Dec10 Mar11 99.440 99.500 99.490 99.440 99.510 99.530 99.520 99.490
      302 words
    • 191 24 Jun 8 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High I Low Close Sett Volume (lots) 0/1 lots) Jul 09 168.0 Aug 09 Sep 09 Oct09 168.7 NOV09 172.0 Dec 09 168.8 168.0 167.0 167.0 168.0 167.0 167.0 167.0 167.0 167.0 167.0 30 34 70 30
      191 words
    • 91 24 Jun 8 Kerioa issue code maturity Yesterday's Bid Hie Day's h Low 3-Month BQO9123V 10.09.09 1-Year BY*****W 03.05.10 0.23 0.34 0.25 0.25 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0E 3.125 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NX*****W
      91 words
    • 97 24 JunS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 09 1225.50 1230.00 1236.50 1211.50 AugO9 1171.50 1178.00 1184.00 1161.00 SepO9 1101.00 1115.50 1120.00 1094.00 Nov 09 1061.75 1081.50 1084.50 1057.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low lul 09 39.73 40.34 40.34 39.50 S.ug 09 39.87
      97 words
    • 76 24 CRUDE OIL PRODUCTS JunS CRUDE (FOB origin) US$/barrel Close Chanc Brent blend (1-Mth F) 68.30 -0.03 WTI (Near Mth) 68.50 -0.33 Dubai (1-Mth F) 68.03 1.48 Tapis blend 72.15 1.55 Minas 70.70 1.10 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 62.77 73.75 0.55 0.15 US$/barrel Opec Oil Basket
      76 words
    • 464 24 Jun 8 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.883 5.364 0.566 6.082 37.278 78.730 0.773 9.827 2.760 1.270 63.360 37.337 1.146 6.390 0.859 25.789 26.985 0.496 0.785 Canada 1.133 6.075 0.641 6.889
      464 words
    • 68 24 JunS (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 1.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** I mths 1.***** 2mths 1.***** iWAP Mid rates (S$)
      68 words
    • 157 24 Jun 8 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1462 1.1468 0.7845 0.7846 Canadian dollar 1.2980 1.2990 0.8884 0.8887 Euro 2.0258 2.0272 1.3866 1.3870 NZ dollar 0.9020 0.9039 0.6174 0.6184 Sterlinc 2.3113 2.3131 1.5820 1.5826 US
      157 words
    • 132 24 Jun 8 /oz) lun lun Hong Kong .ondon 946.50 975.10 947.50 976.10 Jun OS Jun 04 959.50 977.10 960.50 978.10 Source: Thomson Reuters CAST BAR (S$) Jun 08 Buying Sellini Kilobar "47,808.67" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm iOgm OOgm oz ozUBS Kinebar™
      132 words
    • 63 24 JunS minimum, 99.7 jrity (US$/tonne) Co Close Previous :ash 1541.50 months 1572.00 1532.51 1564.51 Copper, Grade A (US$/tonne) :ash months 4960.00 4980.00 5005.75 5025.00 .ead (US$/tonne) :ash 1654.00 months 1675.00 1645.51 1666.01 lickel (US$/tonne) :ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) :ash *****.00 *****.01 months *****.00 *****.01
      63 words
    • 72 24 JunS OCOA (Btonne) Close Prev Hit h/Low Jul 09 1764 1751 1793/1744 SepO9 1767 1754 1789/1747 Dec 09 1760 1744 1778/1740 Mar 10 1750 1738 1772/1745 COFFEE (US$/tonne) Close Pev High/Low Jul 09 1548 1543 1555/1531 SepO9 1560 1555 1569/1545 Nov09 1571 1566 1576/1558 SUGAR (US tonne) White Close
      72 words
    • 2487 24 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left Asia-PacificStrategicW*****6 3.5 >036AdvanceSCTLtdW*****9 0.5 3092 Asia Environment W*****4 0.5 5816 #Asiasons Capital Ltd W*****7 6.5 0.5 180 !756# Asiatic Grp(H) Ltd W*****2 9.5 !105#AsiatravelW*****7 9 -1 9 >878Aztech Systems
      2,487 words

  • Page 25 Advertisements
    • 2716 25 m The Business Times Si ng Times Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE __\___%W__ C Atll-Vf! All Destination Destination uVGII u3llll[D3]| STXPO TBN RTM/ANR/TIL AURORA SAPPHIRE NOL/NFK/SAV/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia idlllvlli I lIV OA Oil I™ O UdjJW Ull Ijjl MIDDLE-EAST
      2,716 words

  • Page 26 Advertisements
    • 4626 26 W^^^^^^^^^^^^^^^^^M I trjT\ EASTERN CAR LINER, LTD I l^^ffiniDßEJ M^~^_^U IV—^—i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS B^^jj BjM-_-----------------t---i IQffiSSH M VOY I RoinKKT) I Lillinq(KT) I MNL I MUA I SIN I PKL I JKT I UP I PCL/PHL SERVICE AAAX SERVICE Connecting ECL Svc via MALTA
      4,626 words

  • PROPERTY
    • 1195 27 -NYT Home insulation programme will keep heat out and help lower electricity bills [CRAWFORDVILLE, Florida] The federal government is spending US$5 billion in stimulus money to weatherise homes across the country. That is almost as much as it has spent on weatherisation since
      -NYT; AFP  -  1,195 words
    • 343 27 Bloomberg [TOKYO] Goldman Sachs Group Inc's Japanese golf business unit plans to buy more golf courses as the nation's recession forces companies to sell off assets unrelated to their main business. Accordia Golf Co, Japan's largest operator of the leisure facilities,
      Bloomberg; BLOOMBERG FILE PHOTO  -  343 words
    • 239 27 Reuters [HONG KONG] Top Chinese property developer China Overseas Land said its property sales in May soared 113.9 per cent year on year to HK55.65 billion (551.06 billion), as demand for homes remained strong. China Overseas Land over the weekend said its
      Reuters  -  239 words
    • 309 28 Bloomberg [WELLINGTON] New Zealand house prices fell in May at the slowest pace this year, signalling the housing market may soon pick up and help the economy recover from a recession. Average prices dropped 8.1 per cent from a year earlier,
      Bloomberg  -  309 words
    • 604 28  -  KALPANA RASHIWALA Buyer is understood to be a JV between Yi Kai Group and Fission Group By VTB Building, an ageing freehold office block on Robinson Road, is said to have been sold for $71 million or about $1,061 per
      YEN MENG JIIN  -  604 words
    • 289 28 Bloomberg [JAKARTA] Indonesian property stocks are "set for a comeback" on expectations banks will cut borrowing costs, boosting housing demand, CLSA Asia-Pacific Markets said. Cement makers will also benefit from new construction, it said. PT Ciputra Development, PT Bumi Serpong Damai and cement
      Bloomberg  -  289 words
    • 403 28 Reuters [DOHA] Qatar housing prices are expected to rise again from late 2009 and growth in the property market to continue due to infrastructure needs in the world's biggest exporter of liquefied natural gas, executives said earlier this month. "We will see
      ■ Reuters  -  403 words
  • Page 27 Advertisements
    • 59 27 Location Tuas vicinity Description 3-storey warehouse with ancillary office mezz. level Land Area approx. 19,230 sq m GFA approx. 15,677 sq m Tenure JTC 30 +30 years from 1989 Approved Use Business 2 Remarks Sale with vacant possession Tender Closing Date: 18 June 2009 at 3.00pm Sole Marketing Agent Bernard
      59 words
    • 55 27 EXPONENTIAL RETURNS ON INVESTMENT CO-DEVELOP 5 STAR OCEAN VIEW RESORTS VILLAS ON 600 HECTARES OF PRISTINE COASTAL LAND VIETNAM'S TOP PRIVATE BAY PARADISE Designed by International Architect: EDSAwww.edsaplan.com Golf Course By Renowned Jack Nicklaus Design www.nicklaus.com 25 Minutes from Ho Chi Minh City with Upcoming New Airport DESIGN INTERNATIONAL PROPERTY
      55 words
    • 52 27 lIIIIIIIHMI ,-:i;.-:.:r.;:-. For Sale By Tender Q Land near Pasir Panjang MRT Site Area 16,717 sq ft approx n ff Freehold /C^aT"1" A' ?slfra Excellent frontage 1/ NearAlexandrat)usiness /^bject/W ?™!T nol precinct, VivoCity, Sentosa IR •waft js/ bSSS Bulldln= e AMir Bd» g I Tender Closing 8 July 2009 (Wed),
      52 words
    • 50 27 Lianhe Zaobao I I Gift maker I Combine Will I I still standing when many Shenzhen I firms have folded 'hxzariistjSßiGi Kl-TFINDTHEONEShiI V TwrnQo r-^J Recruit the right people I__3 I _Ji through CATS Recruit. ~~f~~) Call 1800 289 8822 or email \y^ \^^\recruitii>sph.com.sg j to advertise. C^ 1 d
      50 words

  • Page 28 Advertisements
    • 121 28 4-STOREY LIGHT INDUSTRIAL BUILDING For Sale Land Area ***** sq ft (approx.) GFA 84,000 sq ft (approx.) Tenure Freehold Zoning Business 1 r^30_&_^ t m I I I —I -J For generations, Blomberg free standing and built-in appliances have provided absolute peace of mind to countless families in Europe and
      121 words
    • 87 28 SZAP HERE for the latest property updates! To Zap*: 1. Install the ColorCam™ software in your mobile phone by a. typing the word "Zap" sms ***** (Post-paid subscribers) or 9741 9401 (Pre-paid subscribers) b. typing "zapcode.sg" in the web browser of your handset 2. Trigger the ColorCam™ software (located either
      87 words