The Business Times, 25 June 2009
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2009-06-25
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The Business Times
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Title Section23 2009-06-25 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sfili A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 197/08/2008 Thursday, June 25,200923 words
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Article, Illustration646 2009-06-25 1 CHEWXIANG - CHEWXIANG It will build 2 desalination plants at more than $lb and take stakes in them [SINGAPORE] Water treatment company Hyflux Limited said yesterday it has signed an agreement to build two water desalination plants in Libya, a deal which analysts say could646 words
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544 2009-06-25 1 /VINCENT WEE - /VINCENT WEE Glencore said to be in driving seat to pick up 51% share [SINGAPORE] Chemoil founder Robert Chandran's family members may finally be able to divest their majority stake in the company they inherited from him. Reuters yesterday reported that the family is544 words
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MARKETS DIGEST
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Article47 2009-06-25 1 Inesi lay lange 1COMP 1,057.85 +13.37 IIKKEI225 9,590.32 +40.71 1ANG SENG 17,892.15 +353.78 ;et index 581.43 +11.58 JAKARTA COM P 1,995.67 +81.29 IANILACOMP 2,415.83 +45.77 ;eoulcomp 1,363.79 +3.25 ;henzhen b 478.50 +5.69 IUMBAI IND 14,422.73 +98.72 12 noon EDT Change )OW 8,394.48 +71.57 IASDAQ 1,803.41 +38.4947 words
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Article28 2009-06-25 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONGKONG 5.00 INDONESIA 16.446 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 12.25 Source:Bloomberg - 28 words
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Article45 2009-06-25 1 IS$ (S$ ier US$) 1.454 (US$/S$ per 1.657 2.409 ;URO (US$/S$/E) 1.410 2.050 Foreign currency per US$ 1$ 'EN 95.40 65.60 3.534 2.431 IK$ 7.750 5.330 !AHT 34.13 23.47 lUPIAH 10,360 7,125 lENMINBI 6.834 4.700 INDIAN RUPEE 48.46 33.33 1.251 0.861 IZ$ 1.551 1.06745 words
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Advertisement33 2009-06-25 1 8 *****1 *****4 More than 250 years of continuous history VACHERON CONSTANTIN Manufacture Horlogere. Geneve, depuis 1755. Service Centre Richemont Luxury (Singapore) Pte Ltd Tel: (65) 6317 2588 Enquiry-Tel: (65) 6510 2780 www.vacheron-constantin.com33 words
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Page 1 Miscellaneous
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Miscellaneous71 2009-06-25 1 BizlT GLOBALTRADE tk COMPANIES LjL IRs Costlier, but Protectionism rears M %£j^j_ 01am bids for Gaming important more bandwidth its ugly head 1 SK Foods assets -Jj i part of revenues PAGE 25 PAGE 15 W "t^ PAGE 5 PAGE 4 2j ion R| O R C H A R71 words
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TOP STORIES
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Article, Illustration651 2009-06-25 2 NYT,Reuters Denying charges, Beijing says export policies comply with WTO regulations [WASHINGTON] The US and European Union filed charges of unfair trade practices against China at the World Trade Organization on Tuesday, saying the Chinese government was restricting exports of raw materialsNYT,Reuters; BLOOMBERG - 651 words
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THREE-MINUTE DIGEST
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78 2009-06-25 2 WATER treatment company Hyflux said yesterday it has signed an agreement to build two water desalination plants in Libya, a deal which analysts say could be worth more than $1 billion. The agreements will also see Hyflux taking a 49 per cent stake78 words
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81 2009-06-25 2 CHEMOIL founder Robert Chandran's family members may finally be able to divest their majority stake in the company they inherited from him. Reuters yesterday reported that the family is in talks with top commodity trader Glencore to sell its 51 per cent share in81 words
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67 2009-06-25 2 THE US and European Union filed charges of unfair trade practices against China at the World Trade Organization on Tuesday, saying the Chinese government was restricting exports of raw materials to give manufacturers in that country a competitive advantage. China denied the67 words
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97 2009-06-25 2 THE casinos may be a small component of Singapore's integrated resorts but both operators will be counting on gaming revenue for significant support. A report by CLSA reveals that for Marina Bay Sands, gaming Ebitda for 2011-2012 is estimated at US$7OO-800 million about 7597 words
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60 2009-06-25 2 JADE Technologies said yesterday Jeffrey Hing has ceased to be a substantial shareholder, just over a year after he gained a substantial shareholding. Mr Hing has pared his stake from 11.14 per cent to less than 5 per cent, selling about 75 million60 words
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49 2009-06-25 2 L&M Group Investments has crossed another hurdle towards trading resumption, saying yesterday that the Singapore Exchange has no objection to its plan to complete a proposed reverse takeover and resume trading of its shares by Aug 31. COMPANY NEWS, PAGE 749 words
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73 2009-06-25 2 THE European Central Bank lent commercial banks a record 442.24 billion euros (*****.86 billion) at one per cent yesterday via its first offer of 12-month funds, aiming to boost credit flows. The previous record for its refinancing operations was 348.6 billion euros in73 words
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72 2009-06-25 2 ISLAMIC financial markets heaved a sigh of relief after dodging the securitisation crisis which hit traditional banks, but the fallout may spark a global regulatory overhaul that could stifle the US$l trillion industry. As Western regulators look to tighten supervision of banks,72 words
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72 2009-06-25 2 THE buying frenzy at property launches has spread to the secondary market. The number of private homes sold in the resale market excluding sub-sales has risen to 1,464 units this quarter, based on Urban Redevelopment Authority caveat data at June 19. The72 words
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544 2009-06-25 2 CHUANG PECK MING - CHUANG PECK MING Bidder stayed under the radar by posing as sub-contractor [SINGAPORE] What do you do if you are a contractor banned from tendering for government projects? You bid as a sub-contractor. That's what one corrupt contractor did recently when he bid544 words
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420 2009-06-25 2 Reuters LATEST US DATA [WASHINGTON] An unexpected jump in US durable goods orders last month backed hopes that the economy was healing and this message was reinforced by a pick-up in home mortgage applications last week. New orders for long-last-ing US manufactured goods– Reuters - 420 words
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Article, Illustration461 2009-06-25 2 AP, AFP, Reuters He and Fota agree on a watered down cost-cutting deal [PAßlS] Formula One's (Fl) world governing body the FIA and eight rebel Fl teams yesterday reached an agreement to avoid a breakaway series next year, FIA presidentAP, AFP, Reuters; REUTERS - 461 words
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Article, Illustration729 2009-06-25 4 ARTHUR SIM - ARTHUR SIM It will make up big chunk of Sentosa's revenue, Marina Sands' Ebitda: CLSA [SINGAPORE] The casinos may be a small component of Singapore's integrated resorts (IRs) but both operators will be counting on gaming revenue for significant support. A report by CLSAFILE PHOTO - 729 words
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399 2009-06-25 4 JOYCE HOOI - JOYCE HOOI Salaries poised to stay on even keel this year and next [SINGAPORE] For an industry that is at the heart of the financial maelstrom, finance and accounting professionals' salaries will not encounter much turbulence this year. Salary levels for the industry will399 words
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403 2009-06-25 4 ■NYT [WASHINGTON] After all those losses and bailouts, rank-and-file employees of Citigroup are getting some good news: Their salaries are going up. The troubled banking giant, which to many symbolises the troubles in the nation's financial industry, intends to raise■NYT - 403 words
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Advertisement100 2009-06-25 3 3 ■'■■■1?F w^ I— Iw L^ I— I— ~x "Sh^HHlw If !^^s —BL: j IS& ft 'SfTIl -r... n. iSSI ■irjfik -"P IIMI!jl im Btriiil ly| I Jill Ml i'i:.]TTj| in. TFll 189 ii *r:-■" w s^b I Another Prestigious Development By Tiong Aik Group of Companies Developer JJW\ CSRO100 words
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Advertisement1379 2009-06-25 4 V#^L kt/A^TT/nr r> To"free: 180°-289-8822 *m^- IVIII If U V Email: notices@sph.com.sg J_ V^^/ m. _L^_> 'kj www.cats.com.sg i^ OIN 1 P. T Bank Negara Indonesia (Persero) Tbk andl Subsidiaries 2008 2007 2008 2007 SSf 4.428.192 3,259.229 [Kll^**""' Current accounts with Bank Indonesia 9.350.792 17.573.082 Obligations due immediately 1.059.663 1.118.3331,379 words
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Advertisement622 2009-06-25 4 [nffffifflTffiff] IN THE MATTER OF *^M flfi M <H IN THE MATTER OF Mw9 C tvD Km fH INTERMILUNG COMMODITIES PTE LTD H fc^ ■«>I 11 (IN MEMBERS' VOLUNTARY LIQUIDATION) 19 B II I ul 18 (COMPANY REGISTRATION NO. *****5378K) Mfejff Lffl lfcW -W I II ul Notice is hereby622 words
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COMPANY NEWS
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359 2009-06-25 5 TEH SHI NING - TEH SHI NING Jeffrey Hing has pared his stake from 11.14% to less than 5% JADE Technologies said yesterday Jeffrey Hing has ceased to be a substantial shareholder, just over a year after he gained a substantial shareholding. Mr Hing has pared his359 words
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214 2009-06-25 5 BROADBAND Network Systems (BNS), part of Singapore-listed Infinio Group, has inked a deal with Taiwan's incumbent carrier, Chunghwa Telecom Co, over a technology that could revolutionise online shopping. Eyeing this lucrative market segment, said to be worth over US$7 billion in Taiwan alone,214 words
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397 2009-06-25 5 LYNETTE KHOO - LYNETTE KHOO COMMODITY supplier 01am International, in which Temasek Holdings recently acquired a stake, is making a bid for selected assets of a major US-based tomato processing group, which has filed for Chapter 11 bankruptcy protection. 01am said yesterday that it has397 words
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Article480 2009-06-25 5 JOANNE TANG - JOANNE TANG Monthly turnover doubles to $13b from the low of January THE warrants market has been picking up momentum, with monthly turnover having almost doubled to $1.3 billion last month from the low of January. Speaking at the launch of the third Macquarie Warrant Hotshot480 words
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Article98 2009-06-25 5 MACQUARIE yesterday launched the third Macquarie Warrant Hotshot competition, a real-time simulated trading contest aimed at educating investors about the warrants market. Entrants can sign up to one of four categories: dealers, investors, media and students. The investor with the largest portfolio at the end98 words
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Article, Illustration339 2009-06-25 7 ST Engineering unit ST Aerospace has won two separate contracts worth a total of $48 million. In China, the company has signed a US$2l (5530.4) million deal to repair and maintain the Airbus A 321 fleet of Shanghai Airlines.REUTERS - 339 words
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Article324 2009-06-25 7 JOYCE HOOI - JOYCE HOOI A FEW months after launching Swarovski crys-tal-embedded sofas, Lorenzo International issued a less-than-sparkling profit warning yesterday. The furniture retailer is expecting to post a loss in its HI 2009 results for the six months ended June 30, 2009, citing losses from its operations in324 words
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COMPANY BRIEFS
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Article85 2009-06-25 7 SGX has asked China Yongsheng to present the views of its board on whether the company's finance function is sufficiently staffed with the resignation of its CFO Han Yee Yen. The board said the company's finance function is sufficiently staffed. Mr Han, who is stepping85 words
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50 2009-06-25 7 ROTOL Singapore's subsidiary, Rotol (S) Co Ltd Jiaxing Factory has signed a relocation compensation agreement with the Xincheng Town People's Government. The municipal government will pay Jiaxing Factory 13.5 million yuan (552.9 million) in compensation for acquiring the land on which the latter is situated.50 words
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304 2009-06-25 7 BENEFUN International Holdings is getting sued for over HK$3l million (Sss.B million) for allegedly failing to register a shareholder's transfer of a block of the company's shares. Separately, another shareholder accused Benefun of not acting in line with the company's memorandum and articles304 words
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481 2009-06-25 7 LYNETTE KHOO - LYNETTE KHOO SGX nod also for bid to resume trading by Aug 31 but extension is final If successfully carried out, the plan will help bring to an end the judicial management that started since early 2006 and pave the way for481 words
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326 2009-06-25 7 / BRANDON CHEW - BRANDON CHEW CX TANG'S minority shareholders who oppose the company's delisting will be able to voice their grievances at an extraordinary general meeting (EGM) on July 17. The retailing giant, which suffered a net loss of $5.62 million for the year ended March326 words
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Advertisement365 2009-06-25 5 Lei's oelebmiß your spirit of snireprsrisurshiM Kx^ SjIVLU SINGAPORE MANAGEMENT FC. CFO. COO. CEO. P-~, i. Nice initials start with an SMU MPA y/- —r^y There's never been a better time to pursue a career in the accounting y^ profession. Update and expand your professional expertise or even switch v365 words
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SINGAPORE MARKETS
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Article, Illustration600 2009-06-25 6 R SIVANITHY - R SIVANITHY STOCKS Possible reasons include short-covering, early window-dressing and anticipation of Wall Street rally AFTER losing about 170 points or 7 per cent in a little over two weeks, the Straits Times Index (STI) yesterday bounced 52.86 points to 2,278.96 thanks probably to short-covering, possibly: Bloomberg - 600 words
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Article89 2009-06-25 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 8 1 5 0 0 0 8 1 5 lanufacturing 69 32 48 11 73 33 59 Commerce 26 13 19 29 14 24 'pt/Stor/Comms 27 27 :inance 14 14 Construction 10 13 'roperties 29 2989 words
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Article111 2009-06-25 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 8,907 8,907 29,026 29,026 lanufacturing 257,820 61,296 319,116 195,935 2,372 198,306 lommerce 82,918 4,021 86,939 67,077 2,014 69,091 'pt/Stor/Comms 94,504 94,504 177,931 177,931 :i nance 31,894 31,894 239,570 239,570 lonstruction 42,318 4,126 46,444 10,104 61 10,165 'roperties 92,339 92,339111 words
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Article103 2009-06-25 6 lapitaLand 3.650 +0.060 lapitaMall 1.370 +0.060 jtyDev 8.530 +0.150 lomfortDelGrc 1.290 +0.020 losco Corp 1.280 +0.010 IBS Grp 11.360 +0.160 :&N 3.740 +0.140 ienting SP 0.650 +0.010 iolden Agri 0.410 +0.025 IK Land 3.460 +0.130 IMH 24.760 +0.260 ISH 13.820 +0.180 lardineC&C 18.260 +0.320 Ceppel Corp103 words
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Article, Illustration818 2009-06-25 6 LYNETTE KHOO - LYNETTE KHOO RETAIL sales of small-ticket items picking up: While sales of big-ticket items such as motor vehicles remained weak, sales of small-ticket items have been picking up since March. According to the latest data from Singstat, the seasonally-adjust-ed retail sales excluding motor vehicles rose by 1.1 per818 words
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Article, Illustration339 2009-06-25 6 Reuters CURRENCIES [SINGAPORE] The South Korean won and Indonesian rupiah rose yesterday as the US dollar faltered globally in anticipation that the Federal Reserve will move later in the day to dampen expectations of higher US interest rates. Asian currencies generally firmed as■ Reuters; AFP - 339 words
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Article58 2009-06-25 6 Jun 24 CLOSE VALUE IT OB/OS -966.00 -52.C IT CADI -*****.00+170. IT 10-day MA -*****.00 -97.0' TSE ST Mid Cap 514.39 +9.3 TSE ST Small Cap 423.48 +6.21 TSE ST All Share 556.19+12.2 TSE ST China Top 237.26 +6.4! TSE ST China 232.76 +6.4: TSE ST Catalist58 words
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Article55 2009-06-25 6 VOLUME Golden Agri 99,422,000 China Honqxinq 62,895,000 Jade Tech 47,008,000 CapitaComm 32,522,000 Genting SP 24,773,000 SinqTel 23,572,000 Midas 23,095,000 Chinasinq 22,084,000 Ocean us 21,769,000 China Sports 18,712,000 VALUE(S) DBS Grp 123,661,640 SinqTel 68,763,135 Wilmar 54,274,760 Capita Land 53,220,710 UOB 42,823,560 SPC 40,399,470 SIA 39,940,720 Golden Agri 39,878,40055 words
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Article99 2009-06-25 6 CLOSE UP LD 10US$ 9134 151.2 1.2 ilA 1280 50.0 4.1 IOB 1460 46.0 3. China H 10US$ 1357 43.6 2. >sia Pac Brew 1200 40.0 3.. IMH 2476 37.8 1.1 MS India 10US$ 1172 36.3 2., lardine C&C 1826 32.0 1.: IOB 5.05%NCPS 100 9760 30.0 0. IOB.ES.090699 words
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Article119 2009-06-25 6 CLOSE DOWN 8936-311.0 -2.3 DBXT Ni 10US! Thailand 10US 353 -39.2 -7.1 DBS.ES.0906 1130 -32.0 -2.8 DBXT S&P Short 10US! 7000 -17.4 -0.2 DBXT FTVietnam 10US! 4390 -14.5 -0.2 reat Eastern 1046 -12.0 -1.1 DBS Bk6% NCPS 10 9990 -10.0 -0.1 ;txpo ioo 1340 -10.0 -0.7 Creative Tech 370119 words
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Article85 2009-06-25 6 Where S$ stands Jun 24 CHNG CLOSE FRJUI123 YR2009 S$ LOW S$ HIGH USS 1.4534 0.27 1.5579 1.4308 Euro 2.0500 -1.00 2.0732 1.9150 Pounds 2.4108 -1.79 2.4000 2.0356 AS 1.1643 -1.82 1.1816 0.9453 Yen* 1.5276 0.11 1.7278 1.4831 Rupiah* 0.***** 0.37 0.***** 0.***** Baht* 4.2584 0.21 4.3390 4.1040 Peso*85 words
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Advertisement59 2009-06-25 7 uIO 21 lliiil WH9P ViVmP^l Call 6-594 7593 today for more info or to join our weekly demo class. A SAS 70 Compliant status conferred to a service organisation is a testimony that the service provider has adequate controls and safeguards in place to host and process the data of59 words
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Advertisement270 2009-06-25 7 g!^ NOTICES IN THE MAnER OF MUSIM MASTIKA TRADING PTE. LTD. (REG. CO. NO. **********) (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Members of the company held at Suite 2A-3A-1, Level 3A, Tower 2A, Plaza Sentral, Jalan Stensen Sentral 5,***** Kuala Lumpur, Malaysia on 18 June 2009270 words
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Advertisement66 2009-06-25 7 m BUILDING FUTURES 2 y One success story at a time I §fi*& wS tt/r^^m want a S^bal V distinctive mark in I$P alternative investments I k I WE HAVE THE PLAN &2aUajl B^ Level 1 2 Date Tue, 30 June fc" > Preparation Course Time 6.30-8.30pm R for Sep66 words
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SINGAPORE NEWS
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455 2009-06-25 8 LEE U- WEN - LEE U-WEN SINGAPORE WATER WEEK Project's commercial operations are set to begin next month, says its designer THE firm that designed Singapore's fifth and largest NEWater facility has confirmed that the project's first phase has been completed on time, with commercial operations set to455 words
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Article, Illustration258 2009-06-25 8 PROFESSOR Gatze Lettinga from The Netherlands was awarded the Lee Kuan Yew Water Prize 2009 yesterday for his environmentallysustainable solution for the treatment of used water. Speaking at the 2nd Lee Kuan Yew Water Prize Award Ceremony at the Istana lastSHAHRIYA YAHAYA/THE STRAITS TIMES - 258 words
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321 2009-06-25 8 TEH SHI NING - TEH SHI NING PUBLIC-private partnerships (PPPs) are the way forward to finance water infrastructure, panellists at the Singapore International Water Week's finance forum said yesterday. At the forum organised by PUB Singapore, the World Bank and Japan Bank for International Cooperation stakeholders from banks, infrastructure321 words
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387 2009-06-25 8 NISHA RAMCHANDANI - NISHA RAMCHANDANI It has made an initial investment of $500,000 so far INFRASTRUCTURE and environment company CDM officially launched its research and development (R&D) facility here yesterday at Singapore International Water Week. CDM has made an initial investment of about $500,000 in387 words
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336 2009-06-25 8 JOYCE HOOI - JOYCE HOOI A CLINICAL finding released by Tan Tock Seng Hospital yesterday has found that mild fevers should not be dismissed when diagnosing the HINI virus. The hospital's clinical findings on the first 50 HINI patients showed that 46 per cent of336 words
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Article450 2009-06-25 8 THE shakeup in the private banking industry here continues with HSBC now retrenching 20 people. This follows similar and in some cases, ongoing layoffs at other private banks. "We confirm that HSBC Private Banking in Singapore has made redundant 20 jobs," an HSBC private bank450 words
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360 2009-06-25 8 SAMUEL EE - SAMUEL EE BUYING a used vehicle or parallel import car should be a less worrisome affair now that the Consumers Association of Singapore (Case) has launched the CaseTrust-SVTA Accreditation Scheme for Motoring Businesses. SVTA is the Singapore Vehicle Traders Association, and Ca-seTrust-SVTA accredited companies have360 words
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ECONOMY WATCH
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569 2009-06-25 9 AFP, AFP Its Ist offer is via 12-month funds at 1%, where aim is to boost credit flows [FRANKFURT] The European Central Bank lent commercial banks a record 442.24 billion euros (*****.86 billion) at one per cent yesterday via its first offer ofAFP, AFP - 569 words
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Article, Illustration586 2009-06-25 9 Bloomberg [NEW YORK] US President Barack Obama said a second stimulus package isn't needed yet, though he expects the US unemployment rate will exceed 10 per cent this year. "I think it is important to see how the economy evolves and how– Bloomberg; AFP - 586 words
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Article, Illustration655 2009-06-25 9 ANTHONY ROWLEY -i- i - ANTHONY ROWLEY -i- i Manufacturers need to turn to domestic demand: Sakakibara JAPANESE manufacturers face a "very significant and painful" adjustment in the next few years as they confront the need to de-empha-sise exports and switch into new areas of domestic demand, former senior financeREUTERS - 655 words
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Article463 2009-06-25 9 Bloomberg Economy will shrink 4.1% this year and grow 0.7% in 2010 [PARIS] The Organisation for Economic Co-operation and Development (OECD) has raised its forecast for the economy of its 30 member nations for the first time in two years as the US slump shows– Bloomberg - 463 words
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263 2009-06-25 9 AFP [SEOUL] The International Monetary Fund (IMF) is likely to upgrade its growth outlook for South Korea and other emerging Asian economies next month as stability begins to return, a senior IMF economist said yesterday. "We haven't finalised the new numbers (for emergingAFP - 263 words
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Advertisement95 2009-06-25 9 Flag off with the 'Premier Oasis on The Padang'. No Other Club Comes Close to the Fl. Be a part of Singapore's 'Premier Oasis on The Padang* today. The Club provides assistance to match sellers and buyers for transferable memberships. Term Membership is also available for expatriates looking for the95 words
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MALAYSIA/INDONESIA
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626 2009-06-25 10 Reuters Tighter supervision of banks may discourage use of Islamic finance [KUALA LUMPUR] Islamic financial markets heaved a sigh of relief after dodging the securitisation crisis which hit traditional banks, but the fallout may spark a global regulatory overhaul that could stifle– Reuters - 626 words
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295 2009-06-25 10 Bloomberg [KUALA LUMPUR] Malaysia's benchmark stock index may fall 10 per cent in coming months from last week's peak before forming a base at 980 for the next "leg up", driven by a revival in corporate earnings, said Amßesearch Sdn. The market– Bloomberg - 295 words
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Article, Illustration499 2009-06-25 10 -AFP [JAKARTA] Indonesia expressed concern yesterday that Australian tourists are bringing swine flu to the resort island of Bali, after it confirmed its first two cases of the virus. Health Minister Siti Fadilah Supari said she was "very worried" that Australians who-AFP - 499 words
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187 2009-06-25 10 [JAKARTA] With the Indonesian presidential election schedule drawing near, the popularity of incumbent President Susilo Bambang Yudhoyono's pairing tend to decrease but they still have the highest voters ratio compared to his two contenders, a survey result showed yesterday. The result of a187 words
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Article, Illustration528 2009-06-25 10 ■AFP [KUALA KUBU BHARU] As Malaysian officials marked the spot where communist guerillas killed Britain's top colonial official 58 years ago, debate has erupted over whether to allow an exiled rebel leader to return. Soldiers and policemen gathered during the weekend■AFP; AFP - 528 words
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Advertisement43 2009-06-25 10 i iinß "hW~ T^S WEDDING WOWS! Don't expect too much of the jr /f traditional at upcoming Hfmim, mm Indian weddings here JHJiJftj^flJilk a ITCANfiU^A tehjat,——, THE HEARTBEAT OF THE INDIAN COMMUNITY CATS Recruit The first step on your ladaer to success < o43 words
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GREATER CHINA/INDIA
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608 2009-06-25 11 Bloomberg They warn that record USs74b of 2009 paper will stoke inflation, lead to junk debt rating [MUMBAI] International investors are baulking at Indian Prime Minister Manmohan Singh's plan to sell a record US$74 billion in bonds this fiscal year, saying that theBloomberg - 608 words
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Article, Illustration484 2009-06-25 11 Reuters [MUMBAI] A high-er-than-normal fiscal deficit should not be a concern for Indian interest rates if government spending bridges the gaps in private investment, a policy adviser said on Tuesday. Montek Singh Ahluwalia, the deputy chairman of India's Planning Commission, also said■ Reuters; REUTERS - 484 words
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251 2009-06-25 11 Bloomberg [BEIJING] Beijing Automotive Industry Holding Co will hold meetings this week with General Motors Corp (GM) about its bid for Opel should Magna International Inc's offer for the European carmaker fail, two people familiar with the talks said. Beijing Auto– Bloomberg - 251 words
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462 2009-06-25 11 AP This has angered natives who say the city is too crowded [SHANGHAI] China's biggest city began taking applications yesterday from non-Shanghainese seeking permanent residency, a first step in a reform that has angered natives who say the city already is too crowdedAP - 462 words
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Article, Illustration553 2009-06-25 11 AFP [BORDEAUX] Much to the delight of French winemakers, China confirmed its passion for red wine within the first 24 hours of the opening of the world's largest wine exhibition here, Vinexpo. Barely had the first visitors hit the stands whenAFP - 553 words
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Article, Illustration365 2009-06-25 11 AP [HONG KONG] The alleged lover of the late Nina Wang, Asia's richest woman when she died, testified yesterday for the first time in the Hong Kong court case to decide if he will inherit her multibillion-dollar estate. Feng shui adviser Tony ChanAP - 365 words
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Advertisement353 2009-06-25 11 A g^NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CARBIDIE ASIA PACIFIC PTE LTD Company Registration No. *****3709 D (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of Carbldle Asia Pacific Pte Ltd duly convened and held at 11353 words
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ASIA-PACIFIC/WORLD
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753 2009-06-25 12 Reuters Firms weighed down by excess capacity after over-investing in boom years [TOKYO] Asian firms are saddled with excess capacity after over-investing before the global economic boom crumpled last year. The most bullish forecasts suggest they won't raise spending to increase output■ Reuters - 753 words
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393 2009-06-25 12 AP [SEOUL] North Korean leader Kirn Jong II has put his youngest son in charge of the country's spy agency in a move aimed at handing the communist regime over to him, a news report said on Tuesday. Mr KirnAP - 393 words
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Article, Illustration65 2009-06-25 12 AP [BRUSSELS] A man attaching an Iranian flag to a statue of John Cockerill, a prominent British-Belgian 19th century industrialist, during a gathering in Brussels yesterday to express solidarity with opposition supporters in Iran. Defeated conservative presidential candidate Mohsen Rezai on Tuesday withdrew his complaint against theAP - 65 words
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Article, Illustration642 2009-06-25 12 Reuters [WASHINGTON] US President Barack Obama said on Tuesday Federal Reserve chairman Ben Bernanke had done a good job handling the financial crisis but offered no hints on whether he wanted the central bank chief to stay in his job. Mr Bernanke,– Reuters; REUTERS - 642 words
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617 2009-06-25 12 -NYT [NEW YORK] A small biotechnology company facing possible bankruptcy and liquidation has been awarded a US$35 million federal contract to develop a faster way to make vaccines for pandemic influenza. The award of the contract to the Protein Sciences Corp of Meriden, Connecticut,-NYT - 617 words
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519 2009-06-25 12 Reuters [TOKYO] Japan's beleaguered government was hit by a fresh scandal yesterday ahead of an election due within months, with the finance minister accused of receiving illegal donations. The scandal, the latest in a series of reports about dubious donations to politicians, couldReuters - 519 words
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WORLD
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419 2009-06-25 13 NYT It will ask court to enforce summons on June 30 unless some settlement is reached [NEW YORK] The US Justice Department denied on Tuesday that it was considering dropping a closely watched lawsuit against the Swiss bank ÜBS, seekingNYT - 419 words
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Article, Illustration577 2009-06-25 14 -LAT-WP Ford takes the bulk, USss.9b; Nissan to receive USsl.6b, Tesla, USs46sm [WASHINGTON] Three carmakers will receive nearly US$B billion in federal loans to boost production of fuel-efficient vehicles in the United States. This first tranche of a US$25-LAT-WP; AFP - 577 words
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308 2009-06-25 14 WASHINGTON] A Senate investigative committee has concluded that excessive speculation by commodity index investors has inflated the price of wheat and distorted trading in the wheat futures markets. In a report that was to be released yesterday, the Senate Permanent Subcommittee on InvestigationsNYT - 308 words
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506 2009-06-25 14 -AP Move aims to boost Dubai Mercantile Exchange: analysts [CAIRO] Dubai will link the official selling price of its crude oil to the Oman futures contract traded on the Dubai Mercantile Exchange, a move experts said on Tuesday sought to boost transparency-AP - 506 words
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477 2009-06-25 14 Bloomberg [NEW YORK] Zhao Danyang, the hedge fund manager who paid more than US$2.ll million to have lunch with Warren Buffett, said he owed his firm's 600 per cent return over the past six years to lessons he learned from the Oracle ofBloomberg - 477 words
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Article, Illustration569 2009-06-25 14 -NYT [MOSCOW] Ikea said on Tuesday that it was suspending further investment in Russia, apparently because of pervasive corruption and demands for bribes. The announcement came after a rare statement by Ikea's 83-year-old founder in a radio interview that Ikea had decided-NYT; AP - 569 words
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Page 13 Advertisements
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Advertisement3761 2009-06-25 13 w WATS _L^l V— J I Vw' -L l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Ifl I 4 SinGAPORE AIRLinES ffl? SinGAPORE AIRLinES //J? SINGAPORE AIRLINES LIMITED SINGAPORE AIRLINES LIMITED (Incorporated in the Republic of Singapore) (Incorporated in the Republic of Singapore) Company Registration No. *****0078R Company Registration No.3,761 words
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GLOBAL TRADE
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Article, Illustration1166 2009-06-25 15 -NYT The policies could help ensure that China's economy continues to grow, but at the risk of increasing global trade tensions [HONG KONG] CHINA has begun a concerted effort to keep its export economy humming, even as demand for its goods has plummeted with the-NYT; AFP - 1,166 words
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Article, Illustration769 2009-06-25 15 Bloomberg [BEIJING] China's provinces want to buy foreign products and services even after a central government order said they should purchase local ones when available, said Bruce McLaughlin, who runs a website that monitors Chinese local government tenders. "We haven't seen– Bloomberg; AP - 769 words
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327 2009-06-25 15 Reuters [SYDNEY] Australian customs authorities yesterday launched an investigation into whether China is dumping aluminium products at unfair prices in the Australian market, the latest in a series of complaints by China's trading partners. The complaints surface as Chinese exports of raw materials andReuters - 327 words
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AVIATION
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Article, Illustration691 2009-06-25 16 f PAULINE NG - f PAULINE NG Lost revenue of up to RM4OOm to be offset by ancillary service takings AIRASIA has decided to eliminate administrative fees from its fare structure in a move it said could cut its revenue by up to RM4OO million (Ssl6s million).ST FILE PHOTO - 691 words
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406 2009-06-25 16 Bloomberg [MELBOURNE] Air New Zealand Ltd, the nation's biggest airline, should consider an alliance with Virgin Blue Holdings Ltd to cut costs and create a stronger competitor to Qantas Airways Ltd, analysts at Macquarie Group Ltd said. A tie-up, through a takeover orBloomberg - 406 words
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235 2009-06-25 16 Reuters It is discussing merger with Shanghai Airlines to boost position in China's financial hub [SHANGHAI] China Eastern Airlines said yesterday that it had won regulatory approval for a US$l.O2 billion share placement, moving it a step closer to a state-backed merger with smaller– Reuters - 235 words
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247 2009-06-25 16 Bloomberg [WILMINGTON, Delaware] Prime Flight Aviation Services Inc, a Tennessee-based contractor hired by US Airways Group Inc to provide curbside baggage services, won court approval to pay U*****,000 to settle a lawsuit by skycaps seeking to recover tips. Skycaps sued Prime Flight– Bloomberg - 247 words
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Article2580 2009-06-25 16 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), BR2,580 words
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Page 16 Miscellaneous
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Miscellaneous193 2009-06-25 16 CRYPTIC CROSSWORD ACROSS 28 It doesn't come as much of a blow (6,6) 11 City named after a rock? YESTERDAY'S SOLUTION 2 Disguise welcome during re- 14 combat mob rioting g^lTtorate^iO PasTi'll Laughs! scheduled tryst (8) with this? (6,4) 13 Quandary, 15 Cut to the bone, 3 Stupid spending day193 words
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SHIPPING
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Article, Illustration491 2009-06-25 17 VINCENT WEE - VINCENT WEE Even so, SS Teo, re-elected for one more term, sees gradual recovery [SINGAPORE] The shipping industry is more confident about the second half of this year, as the downturn looks like it has bottomed out, newly re-elected Singapore Shipping Association (SSA)FILE PHOTO - 491 words
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247 2009-06-25 17 VINCENT WEE - VINCENT WEE [SINGAPORE] A rare attack in broad daylight by pirates armed with semi-automatic weapons and pistols has taken place at the Nipa Transit Anchorage just outside Singapore's port limits. But the attackers were foiled by quick-thinking crew members. According to the247 words
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639 2009-06-25 17 Bloomberg Persian Gulf to Japan supertanker route down 76% in the past year [NEW YORK] Bjorn Moller, chief executive officer of shipowner Teekay Corp, expects rates to transport oil to be weak until the Organization of Petroleum Exporting Countries, which pumpsBloomberg - 639 words
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Article, Illustration617 2009-06-25 17 Pirates free ship for ransom but leave body behind -AFP [THE HAGUE] A Dutch ship and its Ukrainian crew was freed on Tuesday by pirates after a US$l.3 million ransom was paid, but rescuers found a dead sailor aboard the vessel taken six weeks ago off Somalia. The pirates shot-AFP; REUTERS - 617 words
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Page 17 Advertisements
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Advertisement375 2009-06-25 17 STO wishes to purchase a Clean Product Tanker Announcement No. 60-ADM/2009/143 Tonnage 6500 10,000 DWT Hull Double Hull as per the IMO requirement for Clean Product Tankers Country of Built Preferred countries: Japan, South Korea &EU countries Year of Built Not older than December 1993 Class Vessel must be classed375 words
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EDITORIAL & OPINION
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496 2009-06-25 18 AS shipments from Asia slowed and then plummeted over the course of the downturn in the past months, one chorus has grown louder: Rethink the export-driven economic model; rebalance growth by boosting domestic and regional demand. Exports to the developed world may have been496 words
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Article, Illustration1063 2009-06-25 18 i ROBERT C SAWHNEY - i ROBERT C SAWHNEY Some firms are very slow to respond to market changes and resist change and innovation LAW and accountancy firms have been hit hard by the economic downturn, particularly in the West where even prestigious firms such as Clifford Chance andFILE PHOTO - 1,063 words
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Article, Illustration818 2009-06-25 18 ANTHONY ROWLEY - ANTHONY ROWLEY THE BOTTOM LINE LAST week, I found myself listening to a discourse in Tokyo on the subject of "China's DNA". This was not a medical or biological lecture on how the dioxyribonucleic acid composition of Chinese body cells differs818 words
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Article, Illustration1337 2009-06-25 19 CHEAH SAW PHENG - CHEAH SAW PHENG What is needed today is an infrastructure that supports the convergence of business and IT needs and assets I E have long known that organisations are living systems made up of smaller components and systems. As the planet becomes a smarterFILE PHOTO - 1,337 words
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Article, Illustration891 2009-06-25 19 WILLIAM PESEK JR - WILLIAM PESEK JR JOURNALISTS strive to be objective, while opinion writers try to give their side of the story without being too biased. Where Tony Fernandes is concerned, it's a difficult balancing act. The truth is, I'm rooting for the founderAFP - 891 words
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SINGAPORE STOCKS
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Article8544 2009-06-25 20 Transaction date: Jun 24 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld Net C000) High Low Buyer Seller C'vr P/E M Cap Sinil Company 8.5 3 3148 8Telecom 10 2.5 5834 A-Sonic 30 12 5000 ABRHIdgs 15 5.5 1938 AEICorp 8 18,544 words
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Article1516 2009-06-25 21 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E $mil 19 5 1181 s AAGrp 32 12 8538 t APStrategic 4 05 1501 s Advanced System 8.5 2 3480 t Adventus 27.5 8.5 3518 s Afor 14.1 2 1524 t Alantac 19.5 3.5 78141,516 words
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Article355 2009-06-25 21 _Hm Low Code Conn Sale COOO) _Hm Seller C'vr P/E Smil 109 100 6389 ABFSG Bond ETF 107.1 905 427 CIMBAsean40 100US$ US632 +15 246 149 DBS STI ETF 100 230 +4 2772 1682 DBXT FTChina25 10US$ ....US2550 5268 3228 DBXT FTVietnam 10US$....US4390 -10 1388 850 DBXTMSTaiwan 10US$355 words
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Article258 2009-06-25 21 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 offer258 words
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Article9161 2009-06-25 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.747/ AIGIF Spore Bond Fund/A 1.257/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.91/ APS Alpha Fund (USD)!** 0.62/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5074/ APS Komaba Global9,161 words
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Page 20 Advertisements
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Advertisement11 2009-06-25 20 For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com j^^^v I j X11 words
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FINANCE & COMMODITIES
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356 2009-06-25 22 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Jun 23 World Index Preliminary 679.9 -0.5 0.3 -0.4 2.9 -0.3 1.1 EAFE Preliminai 652.0 -0.9 0.4 -0.6 4.1 -0.5 3.1 Euro[ Prelim inan 891.3 0.0 -2.2 0.3 3.2 0.4 2.1 Pacific356 words
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Article58 2009-06-25 22 Jun24 lelivery lonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low lul 09 2277 Hug 09 2268 >ep 09 2275 3d 09 2270 Total o/p: ***** contracts 2280 2294 2270 2255 2273 2238 2250 2275 2231 2255 2272 2235 Turnover: ***** Market tone: Lower58 words
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Article20 2009-06-25 22 Jun 24 Bid Offer -month 1.4535 1.4546 1.4535 1.4547 {-months 1.4535 1.4547 >-months 1.4534 1.4547 Source: OCBC20 words
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Article76 2009-06-25 22 Jun24 (US$) (SS) 0.***** 0.***** 6 mths 1.***** 9mths 1.***** 12mths 1.***** 1 mth 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 9 mths 12 mths 1.***** 1.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 2.***** 4yrs 2.***** 5yrs 2.*****76 words
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Article297 2009-06-25 22 Jun24 OPEN HIGH LOW SETT VOL OP/INT URODOLLAR FUTURES >epO9 DecO9 VlariO lun10 99.2800 99.0600 98.8000 98.4250 ***** 3795 4454 3014 EUROYEN TIBOR FUTURES iepO9 99.500 99.505 DecO9 99.510 99.510 VlariO un10 99.490 99.490 >ep10 DedO Vlar11 un11 99.500 99.510 99.490 99.505 99.515 99.505 99.485 99.430 99.385297 words
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Article184 2009-06-25 22 Jun 24 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) 0/1 lots) ul 09 160.0 \ug 09 >ep 09 DctO9 156.2 \lov09 156.3 Dec 09 160.0 156.0 156.3 160.0 159.0 158.0 156.5 156.0 156.0 40 150 20 542 574 640 1006184 words
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Article81 2009-06-25 22 Jun24 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****E 24.09.09 -Year BY*****W 03.05.10 0.25 0.35 3OVERNMENT BONDS 'eriod Issue Coupon Maturity code rate Close Bid Hio Day's cjh Low !-Year N5O61OOE 3.125 i-Year NX*****F 3.625 '-Year N*****0S 2.875 O-Year NX*****W 2.500 5-Year NY*****X 3.12581 words
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Article122 2009-06-25 22 As at 9am Jun24 )f foreign currency: lurrencies Bid Offer lust dollar 1.1450 1.1800 .an dollar 1.2580 1.2730 luro 2.0340 2.0580 IZ dollar 0.9210 0.9410 iterlini 2.3770 2.4050 IS dollar 1.4450 1.4620 .ocal dollars to 100 units >f foreign currency: Currencies Bid Offer :hi renminbi 21.00122 words
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Article153 2009-06-25 22 Jun24 )vernight I-month '-months 3-months Overnight mode: 1/8 JS$ 1/8 7/16 9/16 11/16 Offer 1/11 3/11 5/11 7/11 Bil days month months months j months months >— I (All 0.37 0.42 0.75 0.85 1.10 1.80 1.90 Offer 0.2; 0.3; 0.4! 0.5! 0.8( 1.4( 1.5( Bi< month months j153 words
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Article447 2009-06-25 22 Jun 24 iuro 'en (on 'eso lam 'ouni wstralia 0.915 5.462 0.567 6.194 38.736 82.802 0.762 10.257 2.825 1.240 65.179 38.492 1.162 6.518 0.852 26.262 27.282 0.482 0.799 Canada 1.093 5.970 0.619 6.771 42.340 90.508 0.833 11.212 3.087 1.355 71.244 42.074 1.270 7.124 0.931 28.706 29.821 0.527447 words
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Article152 2009-06-25 22 Jun24 /oz) fun fun long Kong 928.50 918.20 GOLD BULLION COINS 6$) Sellini Bu' rim .ondon Jun 23 Jun 22 918.10 921.00 1 oz 1506.56 1360 UBS GOLD LUNAR KINEBAR (SS) Selling Buying Source: Thomson Reuters I Jun 24 Selling Buying 10gm SILVER Passboc $528.58 433 Selling Buying152 words
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Article64 2009-06-25 22 Jun23 luminium, 99.7°/ jrity (US$/tonne) Co Close Previous :ash 1573.00 months 1605.00 1542.51 1574.01 Copper, Grade A (US$/tonne) ;ash months 4782.00 4805.00 4738.51 4761.01 .ead (US$/tonne) :ash 1596.25 months 1618.00 1579.01 1602.01 lickel (US$/tonne) ]ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) iash months *****.00 *****.01 *****.00 *****.0164 words
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Article75 2009-06-25 22 Jun23 (£/tonne) Close Prev Hii ih/Low Jul 09 1570 1556 1578/1558 Sep 09 1597 1584 1602/1585 Dec 09 1601 1586 1605/1588 Mar 10 1600 1586 1600/1588 COFFEE (USS/tonne) Close Pev High/Low Jul 09 1302 1349 1350/1299 Sep 09 1335 1379 1376/1332 Nov 09 1357 1400 1390/1355 SUGAR (US tonne)75 words
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Article149 2009-06-25 22 Jun24 lurrencies Bid Offer Bid Offei >$IUS$ to one unit of foreign currency: Australian dollar 1.1613 1.1628 0.7990 0.799! Canadian dollar 1.2696 1.2708 0.8735 0.873' luro 2.0496 2.0511 1.4102 1.410: IZ dollar 0.9364 0.9385 0.6443 0.645: iterlinc 2.4076 2.4098 1.6565 1.656' IS dollar 1.4534 1.4544 >$IUS$ to149 words
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Article98 2009-06-25 22 Jun23 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 09 1179.00 1151.50 1182.00 1152.25 Aug 09 1114.00 1090.00 1116.00 1085.00 Sep 09 1048.00 1023.00 1048.00 1023.25 Nov09 1004.50 981.00 1005.75 979.00 SOYBEAN/OIL (60,000 lbs;llscent/lb) Close Previous High/Low lul 09 36.93 35.93 36.95 35.90 S.ug 0998 words
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Article74 2009-06-25 22 CRUDE OIL PRODUCTS Jun23 origin] (/barrel Close Cham irent blend (1-Mth F) 67.06 0.24 WTI (Near Mth) 68.82 1.95 iubai (1-Mth F) 65.97 -1.53 "apis blend 70.50 -1.15 i/linas 68.05 -1.65 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha let Kerosene 62.77 74.70 -2.28 -2.50 JS$/barrel )pec Oil Basket Price 67.4174 words
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2618 2009-06-25 22 BONDS, WARRANTS EXTENDED SETTLEMENT Fel Last Vol lode Company Sale +01- ('000) I Asia-Pacific Strategic W*****6 3 >036 Advance SCT Ltd W*****9 0.5 3092 Asia Environment W*****4 0.5 3816 #Asiasons Capital Ltd W*****7 7 unch 18 5756 Asiatic Grp (H) Ltd W*****2 9.5 1105 #Asiatravel W*****7 12 >878 Aztech Systems2,618 words
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Page 22 Advertisements
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Advertisement41 2009-06-25 22 bU^Uj^^UU&^^Sg^^^^^y^^^^^^fl |2£ ODBSVICKERS SECURITIES WKIMENG ©OCBC Securities SSK^SIS! IfikMtffll The information is issued by Macquarie Capital Securities (Singapore) Pte. Limited (Registration No: *****2912 C) holder of a capital markets services licence under the Securities and Futures Act, Chapter 289 of Singapore.41 words
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Page 23 Advertisements
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Advertisement3285 2009-06-25 23 m The Business Times Shipping Times o^^ofl VPI fc F WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M M fT^^l W K^fcJM ■BWLjL^rmJMluil |V" |jji| ■■>■■« TEL *****588 (14 LINES) FAX:*****163 ]V. V Jllll^^M^H WBBBBBHBIBBBIIBW I V\^^ft I WAN HAI INtj FKL TIL (03| *****558 FAX: (03) *****288 PEN TEL:3,285 words
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Page 24 Advertisements
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Advertisement5177 2009-06-25 24 FaY In F EASTERN CAR LINER, LTD I I^^^EEDBIO JEjffgH If—~—•—^ SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS |B^| llßEaiMßi^^^^M' VOY I Romp(KT) I LilliwlKT) I MUARA I SIN I PKL I BTL IKK I )KT I VOY EIA EID D'llHi PCL/PHL SERVICE AMX SERVICE Connecting ECL Svc via5,177 words
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Biz IT
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Article, Illustration630 2009-06-25 25 Businesses stand to get better performance and flexibility from the fibre link compared to homes, Open Net CEO tells ONG BOON KIAT BUSINESSES in Singapore may be paying more for fibre connectivity compared to home dwellers but they can expect an overall better highspeed networking experience,FILE PHOTO - 630 words
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230 2009-06-25 25 -AFP [WASHINGTON] Hewlett-Packard unveiled a printer on Monday with a built-in Web connection that allows printing directly from the Internet without a personal computer. The HP Photosmart Premium with Touch Smart Web, described by HP as the first Web-connected home printer, will-AFP - 230 words
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711 2009-06-25 25 KAREN COPELAND - KAREN COPELAND <you say> An integrated, streamlined grants management life-cycle process can deliver many benefits AMID the current global financial meltdown, governments across Asia are trying to tackle the impact of the recession by injecting stimulus packages into their economies. Recently, Singapore711 words
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537 2009-06-25 25 AMITROYCHOUDHURY - AMITROYCHOUDHURY WITH an explosion in data services, wireless and fibre are set to complement each other in mobile networks in the Asia-Pacific excluding Japan (APEJ), as base station and cell site growth expands over the next few years. IDC's Bill Rojas noted that537 words
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Article, Illustration251 2009-06-25 25 ZHANG Yl TING - ZHANG Yl TING GLAMOUR takes centre stage in Sony's raft of new notebook offerings. Delectable to look at and designed for work on the go are six new models from the Vaio CS, Z and P series. The new offerings target a251 words
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Page 25 Advertisements
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Advertisement34 2009-06-25 25 Call 6-594 7594 for more info or to join our SME Security Awareness seminar Stone Forest IT Micmsoft ppa yiiy OIUI IC lUI COL I I GOLD CERTIFIED ifflf MM www.StoneForestlT.com.sg Partner I lu^^^P34 words
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PROPERTY
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Article, Illustration267 2009-06-25 26 MICHELLE YEO - MICHELLE YEO It will build 2 residential college blocks, 5 common facility buildings CONSTRUCTION, development and property management group KSH Holdings has won its maiden contract from the National University of Singapore (NUS), worth $83.4 million. KSH will build two residential college blocksFILE PHOTO - 267 words
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Article, Illustration745 2009-06-25 26 Reuters [SYDNEY] Major Australian property trusts have recapitalised and are armed with stronger balance sheets, but some may have raised too much equity at the expense of future earnings growth. In the first half of 2009, Australian real estate investment trusts (Reits) raised moreReuters; BLOOMBERG - 745 words
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247 2009-06-25 26 Reuters [TAIPEI] The availability rate of prime office space in Taipei this year is likely to fall less than earlier expectations as closer ties with former political rival China helps boost demand for the island's real estate. The availability rate for prime office space– Reuters - 247 words
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Article, Illustration509 2009-06-25 27 UMA SHANKARI - UMA SHANKARI lon is 94% leased, Orchard Central is 80% leased, say their developers lON Orchard, which is due to open in a month, is 94 per cent leased, the mall's developer, Orchard Turn Developments, said yesterday. Previously, the developer said theFILE PHOTO - 509 words
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Article525 2009-06-25 27 i j -Reuters [SINGAPORE] Asian property firms are beginning to see light at the end of the tunnel and several are positioning for an upturn even as the world economy struggles to recover from its worst recession in decades. The mood among US and Europeani j -- – — -Reuters - 525 words
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Article156 2009-06-25 27 Xinhua [SYDNEY] New South Wales Premier Nathan Rees revealed yesterday a record number of first home buyers in May showed there had never been a better time to enter the Australian property market. About 7,300 first home buyers took advantage of government grants and stamp dutyXinhua - 156 words
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218 2009-06-25 27 Reuters [SINGAPORE] Savills Japan said yesterday it plans to broaden its business from real estate management and consulting to helping clients restructure their debt as part of a global push into providing financial advisory. The firm has hired former Citigroup executive Kelly Hayes toReuters - 218 words
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Article, Illustration746 2009-06-25 28 KALPANA RASHIWALA - KALPANA RASHIWALA Average resale prices up from Q1 but still significantly below peak levels last year THE buying frenzy at property launches has spread to the secondary market. The number of private homes sold in the resale market excluding sub-sales has risenFILE PHOTO - 746 words
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Page 26 Advertisements
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Advertisement260 2009-06-25 26 Investor choice!!! v f \^_J \s~\ f Goup VVIP PREVIEW! f% ff% s\ f rvJ O P DEVELOPER'S SALE! Launching Soon. I l 1 3(• Pasir Panjang Vicinity. T W _J 3 C_J -> r V"^ Freehold Condo with facilities. Ml 4 A AaM] *._^____kj j £j\ j^. /^J •1/2/3260 words
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Advertisement188 2009-06-25 26 Is it time to initiate pgrflH an en bloc sale now? H&ayg] I Seminar organized by Credo Real Estate, a market leader in en bloc sales with over $3 billion worth of deals concluded, including Singapore's biggest successful en bloc sale Farrer Court. I Obtain a comprehensive and step-by-step guide188 words
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Page 27 Advertisements
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Advertisement168 2009-06-25 27 4-STOREY LIGHT INDUSTRIAL BUILDING For Sale Land Area ***** sq ft (approx.) GFA 84,000 sq ft (approx.) Tenure Freehold Zoning Business 1 &|M^Sw»Bf^*s, ra?^iat if^l Bb£ -^i^^^S^^t^l^ ■■^^^jj'^^tt/- A-grade office and retail asset totalling 19,7905qm* (P^l JBfcßJfi^te^^^3^^"^^^^^^^-'^ li; "'^jFl or sa'e ty Expression of Interest ■ÜBS^^B"^! I ROBERT BOSCH (SEA)168 words
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Page 28 Advertisements
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Advertisement1125 2009-06-25 28 mWM am _4 I _tD_ghttoyajbySPHNBwMedi_.PteL.td M__^~[______^L___ t m Q^^^Z|l^ f\ /|||f\ HOW TO ZAP: Download software by SMS-ing the word "zap' to ***** (post-paid) |^BfHlßHrHrftaoß| ■M_|^BHPr^tar_rirMf_B_H rVf_Hß_| if 111^__5 or 9741-9401 (pre-paid). Zap the colour code found in the Savills advertisement. "^^^BsP'|rlM'NP|fVt^^a_____l GPRS dala traf)lc ellar 9es an<i terms contli,>1,125 words
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