The Business Times, 16 July 2009

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Total Pages: 28
1 28 The Business Times
  • 22 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA(P) 197/08/2008 Thursday, July 16,2009
    22 words
  • 600 1  -  CHEW XIANG Analysts bet on tech and property; still wary of S-chips By [SINGAPORE] Companies are likely to post better-than-expected earnings as the second-quarter results season gets under way, analysts say. "We think there could be upside surprises for earnings, largely coming from
    600 words
  • MARKETS DIGEST
    • 48 1 Inesi lay lange 1COMP 1,097.24 +17.61 IIKKEI225 9,269.25 +7.44 IANG SENG 18,258.66 +372.93 ;et index 587.86 +10.11 JAKARTA COM P 2,123.27 +66.69 IANILACOMP 2,515.95 +23.65 ;eoulcomp 1,420.86 +35.30 ;henzhen b 527.87 +12.77 IUMBAI IND 14,253.24 +399.54 12 noon EDT Cham )OW 8,540.34 +180.85 IAS DAI 1,848.29 +48.56
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    • 30 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.231 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source: I
      Bloomberg  -  30 words
    • 47 1 US$ (S$ per US$) 1.454 (US$/S$ per 1.637 2.381 EURO (US$/S$/E) 1.405 2.043 Foreii in curreno ier US$ 1$ YEN 93.50 64.30 RM 3.567 2.453 HK$ 7.750 5.330 BAHT 34.07 23.43 RUPIAH 10,120 6,960 RENMINBI 6.832 4.698 INDIAN RUPEE 48.68 33.47 1.256 0.863 NZ$ 1.560 1.073
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  • 873 1  -  UMA SHANKARI Developers sold more units in June than in 2007 peak but the momentum may not last By [SINGAPORE] The buying frenzy in Singapore's property market has now eclipsed even the dizzy heights of the last property boom. Developer sales
    873 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 46 1 I^3 BizlT CHINA HF^| OPINION SMEs Kodak picks Spore as Currency reserves End of LDP rule may be Firms cautious about global printer R&D base surge past US$2 trillion good for Japan outlook: survey m%* PAGE 24 PAGE 2 I J S PAGE 16 PAGE 8
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  • TOP STORIES
    • 688 2 Reuters Monetary tightening unlikely despite central bank worry over money supply [BEIJING] China's currency reserves surged past US$2 trillion in June and bank lending hit a record high as the central bank showed concern that the flood of cash is pumping up
      – Reuters  -  688 words
    • 410 2 AP LATEST US DATA [WASHINGTON] Consumer prices shot up in June by the largest amount in 11 months, reflecting the biggest jump in gasoline prices in nearly five years. The Labor Department said yesterday that inflation at the consumer level rose by 0.7 per
      AP; AFP  -  410 words
    • 136 2 -AP [MANCHESTER, New Hampshire] A New Hampshire man says that he swiped his debit card at a petrol station to buy a pack of cigarettes and was charged over US$23 quadrillion. Josh Muszynski checked his account online a few hours after the purchase
      -AP  -  136 words
    • 503 2  -  ANNA TEO Minister's remarks come ahead of Apec meeting By [SINGAPORE] The worst may seem to be over for economies across Asia, but a recovery in trade will be some way off, said Trade and Industry Minister Lim Hng Kiang.
      503 words
    • THREE-MINUTE DIGEST
      • 52 2 THE buying frenzy in Singapore's property market has now eclipsed even the dizzy heights of the last property boom. Developer sales of new private homes in June hit 1,825 units topping the previous peak of 1,723 units sold in August 2007.
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      • 42 2 COMPANIES are likely to post better-than-expected earnings as the second-quarter results season gets under way, analysts say. Leading the way are probably the three local banks, key property firms and the tech sector. FRONT PAGE
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      • 51 2 CHINA'S currency reserves surged past US$2 trillion in June and bank lending hit a record high as the central bank showed concern that the flood of cash is pumping up asset prices and could sow the seeds of inflation. TOP STORIES, PAGE
        51 words
      • 60 2 ORDERS worth U*****.7 million to build eight bulk carriers have been cancelled and the delivery dates for another three have been pushed back, Cosco Corp (Singapore) said yesterday. The vessels were ordered in 2006 by two subsidiaries of China Cosco Holdings, which shares
        60 words
      • 58 2 THE business confidence outlook among Singapore's small and medium-sized enterprises has improved since last year but they remain cautious, a survey by HSBC has found. The poll also shows that SMEs in countries with large domestic markets, such as Vietnam, are more optimistic than
        58 words
      • 47 2 FUND managers are piling into emerging markets but are cautious about developed markets. A Merrill Lynch survey of 221 fund managers overseeing US$635 billion shows that two thirds believe global growth will strengthen over the next year. ECONOMY WATCH, PAGE 10
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      • 48 2 THE trade imbalance between the United States and China is not sustainable, and the two countries have a joint responsibility to reduce greenhouse gas emissions, US Commerce Secretary Gary Locke said yesterday on a visit to China. GREATER CHINA/INDIA, PAGE 12
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      • 60 2 ADMINISTRATORS for the main European unit of bankrupt US investment bank Lehman Brothers Holding Inc revealed plans yesterday to return frozen hedge fund assets to creditors as early as next year. PricewaterhouseCoopers said that it has applied to Britain's courts to block any creditor claims for
        60 words
      • 55 2 INTEL has reported second-quarter sales of US$B billion for the quarter ended June 30, beating analysts' expectations by US$7OO million. And for the first time since the recession hit, Intel provided a forecast for its current quarter, saying that it expects revenue of
        55 words
      • 63 2 US House Democratic leaders took a big step towards guaranteeing health insurance for most Americans on Tuesday as they unveiled a bill on how they would expand coverage, slow the growth of Medicare, raise taxes on high-income people and penalise
        63 words
    • 235 2 [SINGAPORE] Citi has been named "Best Bank in Singapore" in the Euromoney Awards for Excellence 2009, while DBS topped the rankings for "Best Debt House in Singapore". JP Morgan was named "Best Equity House", while Credit Suisse won "Best M&A House". Citi's strength
      235 words
    • 637 3 -NYT Staff can each earn U*****,000, nearly what they did at the height of the boom [NEW YORK] Even on Wall Street, the land of six- and seven-figure incomes, jaws dropped at the news on Tuesday: After all that federal aid, a resurgent Goldman
      -NYT; : Goldman Sachs,Thomson Reuters. Graphics adapted from Reuters  -  637 words
    • 636 3  -  EMILYN YAP E&Y may be only Big 4 firm to offer time off for overtime By [SINGAPORE] Deloitte Singapore is likely to follow two of the other big accounting firms that have stopped giving young auditors time off in lieu of overtime.
      636 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 128 3 UGS^ A New Identity energy solution partner The Same AsSUTOnCe of Quality Lig&irirSgrgiy/ --'</, yvful li nlllll I f I viv* r^>x 2k\ Service Ot EnCJUiry Hotline! 6382 0000 For over a decade, we were known as Unique Gas Trading. With the same unwavering commitment to safety, quality Unique Gas
      128 words

  • COMPANY NEWS
    • 471 4  -  CHEW XIANG Delivery dates of three other vessels pushed back, says the company By1 ORDERS worth U*****.7 million to build eight bulk carriers have been cancelled and the delivery dates for another three have been put back, Cosco Corp (Singapore) said yesterday. The vessels
      471 words
    • 206 4 WATER treatment company Epure International is investing in a 38 million yuan (SsB million) project in China's Shaanxi province. The company announced yesterday the establishment of a wholly owned subsidiary, Yulin City Jingzhou Water Co, which would handle the investment. The subsidiary has
      206 words
    • 400 4  -  YEN SREENIVASAN The deal boost the company's order book to $193.5 m By INTERIOR fitting-out specialist Design Studio Furniture Manufacturer has clinched a $27.03 million contract for one of the largest urban development projects in Abu Dhabi. The latest contract to supply
      FILE PHOTO  -  400 words
    • 170 4 SINGAPORE Medical Group yesterday launched an initial public offering of shares for listing on the Singapore Exchange's Catalist board. The offering of 25.6 million shares comprises 8.55 million new shares and 17.05 million vendor shares and are priced at 21 cents
      170 words
    • 251 4  -  EMILYN YAP By A GROUP of creditors is demanding the liquidation of Elegant Jade Enterprises, a wholly-owned subsidiary of Chinese property developer Sunshine Holdings. Centar Investment (Asia), Stark Master Fund and Stark Asia Master Fund have applied to the British Virgin Islands courts for
      251 words
    • 264 4 FORMER Star Hub president Mike Reynolds has resigned as chief executive of New Zealand operator 2degrees less than a year after leaving Singapore for the job. Mr Reynolds left Star Hub to be the helmsman of 2degrees in July 2008. His resignation
      264 words
    • 194 4 ANOTHER three companies yesterday issued profit warnings. GMG Global said it was likely to report an after-tax loss for the second quarter to June 30 due to poor market conditions and lower prices and margins for its goods. The rubber producer reported net profit
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    • 330 4  -  JAMIE LEE Sentiment is 'optimistic'for Ist time in 12 months By THE mood among investors in Singapore turned cheerier in the second quarter of the year, a survey by ING Group shows. Sentiment was "optimistic" for the first time in 12 months, according
      YEN MENG JIIN  -  330 words
    • 326 5  -  RONNIE LIM But ISK's 9.6 MW plant only meant for their own in-house utility needs By TWO new players main-board-listed Federal International's Banyan Utilities and Japanese chemical maker Ishihara Sangyo Kaisha (ISK) have joined the local electricity market. Banyan joined the National Electricity
      326 words
    • 719 5  - StarHub 's new CEO has his work cut out WINSTON CHAI TERRY Clontz's appointment as Star Hub CEO in 1999 came at a time when the local telecommunications sector was ringing in a sea change with the dawn of market liberalisation. A decade on, the firm's change-of-guard again coincides with
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    • 412 5  -  YEN SREENIVASAN But demand remains soft despite the better figures By THE good times may not be back just yet, but in a sign that things are starting to get better, Singapore Airlines (SIA) filled more seats and cargo space in June than
      YEN MENG JIIN  -  412 words
    • 165 5 ST Engineering said yesterday its indirectly-owned subsidiary VT Leeßoy Inc has been awarded its first military contract. VT Leeßoy has secured a contract worth over US$ll million from US Army Contracting Command to supply asphalt paving equipment to the US Army over five
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  • Page 5 Advertisements
    • 54 5 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 of Its clients. PAYDAY! Payroll Serve
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    • 1924 5 ypinrciy —Ip SUNRAY HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sunray Holdings Limited ("the Company") will be held at RelUnion, Level 2, Hotel Re! Pearl's Hill, 175 A Chin Swee Road, Singapore *****9 on Friday, 31 July 2009 at
      1,924 words

  • SINGAPORE MARKETS
    • 573 6  -  CONRAD TAN STOCKS Furthermore, the broader FTSE ST All-Share index outpaces STl's gain to end 3.6 per cent higher STOCKS here soared yesterday, extending their gains into a second day as liquidity flooded back into the market locally and in the US, after Tuesday's
      : Bloomberg  -  573 words
    • 88 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 15 1 1 0 0 0 15 1 1 lanufacturing 88 33 41 13 95 36 54 Commerce 39 14 42 17 'pt/Stor/Comms 31 33 :inance 20 20 Construction 16 18 'roperties 36 36 lotels/Rsts jervices
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    • 116 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 21,169 21,169 62,373 62,373 lanufacturing 316,199 29,051 345,250 223,292 1,291 224,583 lommerce 128,522 11,363 139,885 108,674 6,636 115,311 'pt/Stor/Comms 183,071 122 183,193 257,886 257,895 :i nance 60,474 60,474 389,144 389,144 lonstruction 127,346 5,025 132,371 23,384 80 23,464 'roperties 166,883
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    • 104 6 lapitaLand 3.540 +0.150 Noble Grp 1.750 +0.060 lapitaMall 1.480 +0.070 OCBCBk 6.970 +0.170 JtyDev 8.570 +0.350 Olam 2.230 +0.050 lomfortDelGrc 1.360 +0.020 SGX 7.210 +0.220 losco Corp 1.220 +0.080 SIA 13.300 +0.320 IBS Grp 12.160 +0.420 SIAEngg 2.650 +0.040 :&N 3.900 +0.220 SMP.T 1.760 +0.020 ienting
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    • Article, Illustration
      898 6  -  LYNETTE KHOO UOL Group Ltd July 15 close: $3.32 OCBC INVESTMENT RESEARCH, July 15 MEADOWS Pierce launching soon: Following the successful launch of the Double Bay Residences (DBR), UOL will be launching another mass market project Meadows Pierce, in two-three weeks' time. According to Knight Frank, the marketing
      : Bloomberg  -  898 words
    • 480 6 Reuters CURRENCIES [LONDON] The US dollar fell yesterday, hitting a two-week low against a basket of currencies, as other currencies seen as higher risk benefited from upbeat earnings from Goldman Sachs and Intel on Tuesday. The yen also struggled while the euro
      Reuters; AP  -  480 words
    • 4 6 DAILY
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    • 56 6 Jul 15 VALUE CLOSE IT OB/OS -174.00+190.C IT CADI -*****.00+269. IT 10-day MA -*****.00 -18.0' TSE ST Mid Cap 525.89+20.2: TSE ST Small Cap 427.38+19.5 TSE ST All Share 579.88+19.91 TSE ST China Top 243.36+10.6: TSE ST China 237.44+10.4: TSE ST Catalist 1130.88+17.81 iMSCI 288.24+ 10.0 iMSCI
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    • 57 6 VOLUME Golden Aqri 182,291,000 UniFiber 66,073,000 Infinio 63,546,000 Gentinq SP 56,290,000 AusGroup 42,615,000 Ezion 37,753,000 Swiber 30,722,000 China Honqxinq 30,108,000 Cosco Corp 28,440,000 SingTel 28,236,000 VALUE(S) UOB 114,649,048 OCBC Bk 98,687,720 DBS Grp 98,562,540 Capita Land 95,556,660 SingTel 90,864,960 Golden Aqri 55,832,775 Noble Grp 45,970,050 SGX 45,949,570
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    • 102 6 CLOSE UP iBXT Ni 10US$ 8672 254.4 2.1 MS India 10US$ 1150 114.8 7.. LD 10US$ 9134 93.0 0. IOB 1566 88.0 6.' IOB.ES.0907 1556 82.0 5.' lardine C&C 2014 74.0 3.: 'enture Con 797 73.0 10.1 :iTYDEV.ES.O9O7 858 63.0 7: reat Eastern 1120 48.0 4. China H 10US$
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    • 113 6 CLOSE DOWN 6854-197.7 -1.9 DBXT S&P Short 10US! IMH 2618 -32.0 -0.8 ICBC Bk5.1%NCPS 100 9810 -10.0 -0.1 DBS RBePW*****8 13.5 -8.5 -38.6 UOBMBLePW*****2 20.5 -8.5 -29.3 DBS BNPePW*****3 16.5 -7.0 -29.8 m 2350BNPePW*****9 40 -7.0 -14.9 UOBBNPePW*****8 34.5 -7.0 -16.9 m 2300BNPePW*****8 29.5 -6.5 -18.1 ;TI2800SGAePW*****9 63.5 -6.5
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    • 83 6 Thomson Reuters Source: Where S$ stands Jul 15 %CHNG CLOSE FRJulH YR2009 S$ LOW S$ HIGH USS 1.4537 0.41 1.5579 1.4308 Euro 2.0446 -0.22 2.0732 1.9150 Pounds 2.3806 0.01 2.4051 2.0356 1.1614 -1.00 1.1816 0.9453 ren* 1.5528 0.90 1.7278 1.4831 Rupiah* 0.***** -0.22 0.***** 0.***** Baht* 4.2668 0.17 4.3390
      Thomson Reuters  -  83 words

  • SINGAPORE NEWS
    • 717 7 It has climbed steadily up the Enterprise 50 rankings to 14th position, note ABIGAIL CHONG, COLIN LIM and AMANDA TAN IT is somewhat fitting that a man with a passion for motorsport is driving a tyre manufacturer forward. Since its entry into the Enterprise 50
      JOYCE LIM/THE NEW PAPER  -  717 words
    • 181 7 BESIDES hosting the Asia-Pacific Economic Cooperation (Apec) forum this year, Singapore will be the venue for the 14th Apec Meeting of the Women Leaders Network (WLN) on Aug 4 and 5. Formed in 1996, WLN promotes the participation of women in economic and
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    • 428 8  -  BRANDON CHEW They score 93 on a 0-200 index, gaining 23 points in 6 mths By THE business confidence outlook among Singapore's small and medium-sized enterprises (SMEs) has improved since last year but they remain cautious, a survey by HSBC has found. The results
      428 words
    • 494 8  -  LEE U-WEN By FOR 20 minutes yesterday morning, the island of Sentosa came under fire as "terrorists" swarmed a luxury hotel there and "killed" scores of innocent bystanders. The attackers then went head-to-head in a violent encounter with members of the army, navy, air
      ALPHONSUS CHERN/THE STRAITS TIMES  -  494 words
    • 382 8  -  JOYCE HOOI By RETAILERS saw a glimmer of hope last month, the lights coming from the lon Orchard notwithstanding. May retail sales figures rose 0.8 per cent month on month on a seasonally adjusted basis, after falling 4.9 per cent in March
      REUTERS  -  382 words
    • 378 8  -  ZEINAB YUSUF Non-oil commodity trading firms already make up 65% share By ALREADY recognised as an important oil hub, Singapore is attracting more traders from the agricultural commodity and metals and minerals sectors. Comprising a substantial 65 per cent of commodity trading firms here,
      378 words
    • SINGAPORE ROUNDUP
      • 50 8 LEE Foundation chairman Lee Seng Gee has received a Doctor of Letters degree from President S R Nathan, chancellor of Nanyang Technological University. The honorary degree was conferred in recognition of Dr Lee's business and philanthropic achievements and his contribution to education in Singapore.
        50 words
      • 43 8 SINGAPORE Customs and the US Department of Commerce made progress in recent discussions on export controls for strategic goods. Their dialogue session was the third of its kind, after the previous session in Washington last year.
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  • Page 7 Advertisements
    • 359 7 ENTERPRISE Celebrating Singapore's Enterprising Spirit 2009 This series is part of the Enterprise 50 Educational Project between the E5O partners and the NUS Business School. Binter Co was one of the E5O winners in 2008. The annual E5O ranking is co-organised by The Business Times and KPMG, sponsored by OCBC
      359 words

  • Page 8 Advertisements
    • 1166 8 W4*s4 kAT^VT-'T^!T-'r< Toll free: 1800-289-8822 V IVI I 1 L V Email: notices@sph.com.sg _L^| V^>/ X. I V_|i I it I www.cats.com.sg NEW WAVE HOLDINGS LTD. (Company Reg. No. *****6870Z) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Tenth Annual General
      1,166 words
    • 13 8 CA TS Recruit The first door to your world of opportunities RECRUIT 1 <
      13 words

  • SINGAPORE INTERNATIONAL
    • 727 9 Middle East remains key to future energy supplies, and will offer opportunities for S'pore, reports CHUANG PECK MING DESPITE the temporary setbacks in the oil and gas business like most others, the victim of the global economic downturn the industry is here to stay,
      727 words
    • 623 9  -  CHUANG PECK MING By IS there a future for Singapore companies servicing the oil-and-gas (O&G) industry? And what does it take to stay in the game in these tough times? The Business Times posed these questions to David Ong, managing director of Excel
      623 words
    • 503 9  -  CHUANG PECK MING By DESPITE the global slump and oil prices below US$6O a barrel Top Great Engineering Marine's business is looking up. The Singapore-based company, which counts the oil-and-gas (O&G) sector as a major customer, expects sales to jump 60 per cent to
      503 words
    • 384 9  -  CHUANG PECK MING By JPN Industrial Trading is a versatile homegrown supplier of construction machinery and equipment. It not only has customers from many countries, but many sectors too. "JPN's machinery and equipment is used in wharf construction, foundation works, pipe laying and
      384 words
  • Page 9 Advertisements
    • 196 9 fil> I Brazil's diverse economy offers boundless prospects for investments in all sectors spanning from infrastructure, telecommunications to tourism and agribusiness. Date 22 July 2009, Wednesday Even in today's economy, foreign investments there have yielded positive returns. Time 8.30 am to 1.30 pm Venue IE Singapore Join us at the
      196 words

  • ECONOMY WATCH
    • 419 10  -  NEIL BEHRMANN Merrill survey also points to overexposure to emerging markets By in London FUND managers are piling into Asian and other emerging markets but are cautious about developed markets, a survey showed. The latest Merrill Lynch survey of 221 fund managers, managing a
      419 words
    • 553 10 Bloomberg [L'AQUILA, Italy] The gold coin displayed by Russian President Dmitry Medvedev at last week's Group of Eight (G-8) summit as an illustration of how a future global currency may look, may be made at Russian mints, its originator said.
      Bloomberg  -  553 words
    • 525 10  -  ANTHONY ROWLEY By in Tokyo JAPAN'S main opposition Democratic Party, which is widely expected to win next month's general election, yesterday pledged to make economic stimulus a policy priority if it is elected. The political pledge came as the Bank of Japan downgraded its performance
      REUTERS  -  525 words
    • 347 10 NYT [NEW YORK] The Justice Department is investigating the role of several major companies in the credit markets, in another indication that the government is intensifying its scrutiny of derivatives. Markit Group Holdings, a data warehouse controlled by several big banks, said that it
      NYT  -  347 words
    • 460 10 Bloomberg [HONG KONG] International banks are increasing their lending to Asian companies amid signs that the global credit crunch is easing, according to a top HSBC Holdings executive. "It's getting busier now," Stephen Williams, regional head of capital markets, said in an
      Bloomberg  -  460 words
  • Page 10 Advertisements
    • 1178 10 w (3AFS JL^I Vta>^ JL IV■< I t|_* Toll free: 1800-289-8822* Email: notices@sph.com.sg •www.cats.com.sg In the Matter of In the Matter of In the Matter of The Companies Act, Cap. 50 The Companies Act, Cap. 50 The Companies Act, Cap. 50 And And And In The Matter of In The
      1,178 words

  • MALAYSIA/INDONESIA
    • 548 11  -  PAULINE NG It secures private equity financing and pledge by CNPC to take up products By in Kuala Lumpur A MALAYSIAN-LED consortium yesterday said it is ready to proceed with a planned US$lO billion two-train oil refinery in Kedah, having secured private equity
      548 words
    • 386 11 -AFP [TIMIKA, Indonesia] Police battled unidentified gunmen yesterday near a US-owned gold mine in Indonesia's Papua province, where a recent spate of deadly ambushes has claimed three lives. Two police officers were injured in the firefight, which broke out as they patrolled
      -AFP  -  386 words
    • 182 11 Reuters [JAKARTA] The BP-led Tangguh project in Indonesia's Papua will ship its first China-bound cargo of liquefied natural gas (LNG) to Fujian next week, an official at BP Indonesia said yesterday. Tangguh's first cargo destined for South Korea's Posco was shipped earlier this
      Reuters  -  182 words
  • Page 11 Advertisements
    • 1225 11 V#l^ AT^T^T^-r> r> Toll free: 1800-289-8822 |\l If If r~i Email: n°tices@sph.com.sg _L V^>/ J_ J.Vj -I—/ l 3 www.cats.com.sg CPH LTD. (Company Registration. No. *****4583E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CPH Ltd. will
      1,225 words
    • 2342 11 Vi fi rt/ATTOrr Toll free: 1800-289-8822 V IVI fl Lf V Email: notices@sph.com.sg JL^I V*>/ JL I V.v 1 i|_l www.cats.com.sg JAPAN FOODS HOLDING LTD JAPAN FOODS HOLDING LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****2314 M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that
      2,342 words

  • GREATER CHINA/INDIA
    • 609 12 Reuters Gary Locke urges Beijing to up forex flexibility, open markets more [BEIJING] The trade imbalance between the United States and China is not sustainable, and the two countries have a joint responsibility to reduce greenhouse gas emissions, US Commerce Secretary Gary Locke
      – Reuters; REUTERS  -  609 words
    • 623 12 Reuters [MUMBAI] The wrangle over an energy deal between India's billionaire Ambani brothers has highlighted the risks inherent in an economy dominated by big family businesses and spurred calls for the government to intervene. The latest dispute between the feuding brothers could discourage investment
      – Reuters  -  623 words
    • 239 12 -AP [BEIJING] The former chairman of China's secondlargest oil company, Sinopec, was convicted yesterday of corruption and taking bribes and received a suspended death sentence, state TV reported. Chen Tonghai was convicted of illegally receiving 190 million yuan (5540.6 million), China Central Television said on
      -AP  -  239 words
    • 302 12 Reuters It is likely to do well as US refiners are constrained by rules [NEW DELHI] India's Reliance Industries, owner of world's biggest oil complex, aims to directly sell fuel in the US, the world's biggest oil consumer, a top company official said
      Reuters  -  302 words
    • 189 12 Bloomberg [BEIJING] China's top currency regulator relaxed curbs on overseas investment by local businesses, allowing more funds to flow abroad after the nation's foreign exchange reserves topped US$2 trillion for the first time. The State Administration of Foreign Exchange (SAFE) said that it will expand
      – Bloomberg  -  189 words
  • Page 12 Advertisements
    • 1349 12 EASTGATE TECHNOLOGY LTD (Incorporated in the Republic of Singapore) East Gate (Company Registration Number: *****5519R) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of EASTGATE TECHNOLOGY LTD (the "Company") will be convened and held at Carlton Hotel Singapore, Empress Room 2, Level 2,
      1,349 words
    • 31 12 1 W74 UIHITC iR..fP a ijirotflM I 111 |l ■II I'M I *™«sfc*l tablat THE HEARTBEAT OF THE INDIAN COMMUNITY GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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  • ASIA-PACIFIC/WORLD
    • 456 13 AP.NYT Administrator of Europe unit unveils plan to return funds as early as Ql, 2010 [LONDON] Administrators for the main European unit of bankrupt US investment bank Lehman Brothers Holding Inc revealed plans yesterday to return frozen hedge fund assets to creditors as early as next
      AP.NYT; THE STRAITS TIMES FILE PHOTO  -  456 words
    • 488 13 AP [SYDNEY] The world is watching how China deals with detained Rio Tinto Group executive Stern Hu for allegedly stealing state secrets, Prime Minister Kevin Rudd said. China, the world's largest buyer of iron ore, detained four Rio executives on July 5 and
      AP  -  488 words
    • 324 13 Reuters Rio chief says markets are tough but company will try to hold down costs [SYDNEY/LONDON] Global miner Rio Tinto posted a stronger-than-expected 8 per cent rise in secondquarter output of iron ore, which accounts for the bulk of profit, but said
      Reuters  -  324 words
    • 369 13 -AP [DETROIT] Former chairman and chief executive of General Motors chairman, Rick Wagoner, will retire on August 1 with a pension and benefit package the automaker valued at more than US$lO million. Mr Wagoner, 56, who was ousted by the Obama administration on
      -AP; AP  -  369 words
    • 351 13 Reuters [LONDON] Max Mosley yesterday backed former Ferrari boss Jean Todt as his ideal successor after ending speculation that he would seek a fifth term as head of motorsport's world governing body. The International Automobile Federation (FIA) president wrote to all member clubs
      ■ Reuters  -  351 words
  • Page 13 Advertisements
    • 1075 13 United Envirotech Ltd Co. Regn. No. *****6466G NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of the Company will be held at Orchard Hotel, Juniper Room, 442 Orchard Road Singapore *****9 on Friday, 31 July 2009 at 10.00 a.m. to transact the following business:AS ORDINARY BUSINESS 1. To
      1,075 words

  • WORLD
    • 515 14 ■AP Q2 sales of USsBb beat analysts' expectations by USs7oom [NEW YORK] The darkest time in the personal computer industry's history may have ended. In the last few months, hardware makers such as Intel, Hewlett-Packard and Dell have suffered as one-fifth to one-quarter
      ■AP; Intel Corporation, Thomson Reuters, Adapted graphics from Reuters  -  515 words
    • 504 14 Bloomberg Bank says it owes nothing as plan was not put into effect [NEW YORK] Bank of America Corp (BOA) benefited from implied federal backing on about US$llB billion of Merrill Lynch Co assets and owes the government compensation, the chairman
      Bloomberg  -  504 words
    • 457 14 -AP [WARREN, Michigan] Watching the unemployment rate continue to climb despite his efforts to stop it, President Barack Obama on Tuesday proposed a US$l2 billion investment in two-year colleges to help train millions of unemployed people for jobs he says will be created
      -AP  -  457 words
    • 547 14 [NEW YORK] Bernard L Madoff lived most of his life in spacious mansions and sun-drenched beachfront villas or aboard luxurious yachts. On Tuesday, Madoff arrived at the Butner Federal Correctional Complex in a blue prison jumpsuit, his hands and feet shackled, to begin serving
      AP  -  547 words
    • 292 14 -AP [BOSTON] Investors shook off some of their caution in this year's second quarter amid a rising market, shifting the largest amount into stock and bond mutual funds in more than two years, a fund industry consultant said on Tuesday. A total USsl36 billion flowed
      -AP  -  292 words
    • 636 15 -NYT Bill will also penalise employers who do not provide health benefits to workers [WASHINGTON] House Democratic leaders took a big step toward guaranteeing health insurance for most Americans on Tuesday as they unveiled a bill that detailed how they
      -NYT  -  636 words
    • 598 15 -MT UK investor hires ad agency for campaign to recover his funds [LONDON] Investors who have lost money in the financial crisis have protested outside the Manhattan headquarters of Lehman Brothers and at the congressional hearings in Washington that examined what went wrong at the
      -MT  -  598 words
  • Page 14 Advertisements
    • 612 14 g^ notices WnKMmmjKKfifM IN THE MATTER OF THE I Q^fl 1 L afl COMPANIESACXCAP.SO A _f^ J i JjV AND K^^^B IN THE MATTER OF KASH'N'GOLD PTE. LTD. UN MEMBERS'VOLUNTARY V A V 4* LIQUIDATION) C0.REG.N0.*****0286C j ~.i j At an Extraordinary General Meeting of the abovenamed Company duly F^^^^^R^^T^^W^^^^^^W^^^^WfVj^^l
      612 words

  • Page 15 Advertisements
    • 74 15 Most Awaited Condominium Launch in THOMSON Previewing Soon! Only project with 360° fully unobstructed view Overlooking Pierce Reservoir and Nature Reserve Rare countryside atmosphere with lush greenery all round 5 mm drive to Prestigious SICC Close proximity to CHIJ St. Nicholas School, Ai Tong School Extraordinary facilities such as Star
      74 words
    • 21 15 The Paragon Sate I 29 May to 26 luty 2009 vV H. 1 1 mL I saEs n4iQ sbis aBBa I
      21 words

  • EDITORIAL & OPINION
    • 460 16 IT hasn't been difficult to detect a certain level of disappointment among foreign policy experts in Washington over what they see as the supposed failure of US President Barack Obama to deliver "results" during the first summit with his Russian counterpart Dmitry Medvedev in Moscow and
      460 words
    • 1059 16  -  ANTHONY ROWLEY The August polls will be a critical test of Japan's maturity as a fully functioning democracy TWENTY years ago, the controversial Japanese politician Shintaro Ishihara (now governor of Tokyo) co-authored a book with Sony founder Akio Morita, titled The
      AFP  -  1,059 words
    • 795 16  -  ROBERT SAMUELSON 11 VV OjllllllgO J~VIIIC ■LATWP THE BOTTOM LINE THE question that President Obama ought to be asking that all Americans should be asking is this: How big a government do we want? Without anyone much noticing, our national government
      11 VV OjllllllgO , J~VIIIC ■LATWP  -  795 words
    • 1467 17  - What ails China 's Xinjiang province JOHN GEE Last week's violence shows there's clearly something wrong that neither a clampdown nor spending more money will fix By THE violence in China's Xinjiang province has been damped down for now, but serious damage has been done. Blaming the troubles on outside
      AFP  -  1,467 words
    • 471 17  -  Mak Yuen Teen LETTER TO THE EDITOR I REFER to the report, "SGX unveils new scheme for companies research" (BT, July 15), where it was said that under the new scheme, one module will not come with ratings (recommendations). Analysts who do not provide recommendations
      471 words

  • Page 17 Advertisements
    • 88 17 "7 CT" Tj O l^> V_ P^''^ 1 C*~^^ /L__ #=4 t ""~t V j f^J I rs. J I C J a find the ones P H 7 S THAT Fll r**^J >^<^l the right people \O L Z^oo^ >Cl I <_ .-J Call 1800 289 8822 or email
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  • AVIATION/SHIPPING
    • 548 18  -  YEN SREENIVASAN ÜBS poll shows rising customer interest with 30-40% price drops, more financing By ALTHOUGH the sector is still struggling with significant oversupply, weak pricing and tight financing, the slump in the global business jet market may have hit a
      FILE PHOTO  -  548 words
    • 2662 18 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,662 words
    • 266 18 -AP [KUALA LUMPUR] Pirate attacks worldwide more than doubled in the first half of 2009 amid a surge of raids on vessels in the Gulf of Aden and the east coast of Somalia, an international maritime watchdog said yesterday. The number
      -AP  -  266 words
    • 351 18 ■AP [MINNEAPOLIS] US Airways is cutting 600 ground jobs this fall as it continues to struggle with the slow economy. The airline said on Tuesday that the biggest cut will be 340 customer service agents around the US, who will lose their jobs
      ■AP  -  351 words
    • 402 18 Bloomberg It looks more likely that owners will sell older ships as scrap [LONDON] The cost of delivering two million-barrel cargoes of Middle East crude to Asia, the world's busiest route for supertankers, dropped to a six-week low, making it more likely
      ■ Bloomberg  -  402 words
    • 200 18 Bloomberg [SEATTLE] Boeing Co, the second-largest defence contractor, said it's cutting about 1,000 jobs because the US military is scaling back spending on some programmes. The job cuts are needed because of "significant funding reductions" in the Pentagon's budget, particularly in the
      Bloomberg  -  200 words
  • Page 18 Miscellaneous
    • 312 18 CRYPTIC CROSSWORD ACROSS I Cautious man's cutting edge? r X 7 Badly torn, too, in the city (7) _HB_ I H_ 8 One interfering with fruit re- 7 I port (7) i■■ 10 Another food store said to __HH__Hbe__^bm__M ■M__HbL_^bl__ II Knife used by one in acci- H^ I H
      312 words

  • SINGAPORE STOCKS
    • 8524 19 Transaction date: Jul 15 Hi* !-wks Tel Low Code Com[ Sale ('OOP) Hii Low Bu] fer Seller C'vr P/E $mil >an] 9 3 3148 STelecom 9 2.5 5834 A-Soni( 24 12 5000 ABR Hld'is 13 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 59.5
      8,524 words
    • 1610 20 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net M Cap ('000) High Low Buyer Seller C'vr P/E $mil 19 5 1181 s AAGrp 26.5 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 26.5
      1,610 words
    • 398 20 Hi. Low Code Comi Sale C000) Hi. Low Bm Seller C'vr P/E >mil 110 100 6389 ABF SG Bond ETF 877 427 CIMBAsean40 1OOUS$ 246 149 DBS STI ETF 100 3600 3534 DBXT DJE50 1OUS$ DBXTDJE5OSh 1OUS$ 2786 1682 DBXT FTChina25 1OUS$ 5268 3228 DBXT FTVietnam 1OUS$ 2246
      398 words
    • 249 20 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
      249 words
    • 9392 20 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.789/ AIGIF Spore Bond Fund/A 1.279/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.94/ APS Alpha Fund (USD)!** 0.64/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.519/ APS Komaba Global
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  • Page 19 Advertisements


  • FINANCE & COMMODITIES
    • 381 21 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Jill 14 World Index Preliminary 684.2 0.9 0.9 0.8 4.1 1.0 2.1 t EAFE Prel liminai 651.4 1.5 0.3 1.4 4.7 1.7 3.3 Euroi Prelim
      381 words
    • 124 21 As at 9am Jul 15 )i foreign currency: lurrencies Bid Offer lust dollar 1.1450 1.1820 .an dollar 1.2750 1.2930 luro 2.0220 2.0490 IZ dollar 0.9250 0.9470 iterlini ind 2.3620 2.3930 JS dollar 1.4470 1.4660 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer Ihi
      124 words
    • 153 21 Jul 15 Xterniqht 0.03 -month 7/16 -months 9/16 l-months 11/16 Overnight mode: 1/16 IS$ Offer 0 01 3/16 5/16 7/16 BJd 1 days I month I months months d months months I I. (All 0.35 0.41 0.55 0.65 1.00 1.60 1.70 Offer 0.25 0.31 0.35 0.45 0.80 1.20
      153 words
    • 11 21 Jul IS STI IIMSCI Jul 278.6 288.7 288.0
      11 words
    • 21 21 Jul 15 Bid Offer -month 1.4535 1.4550 !-months 1.4536 1.4551 i-months 1.4536 1.4551 >-months 1.4536 1.4553 Source: OCBC
      21 words
    • 60 21 Jul IS lelivery flonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low \ugO9 2070 2115 2130 2069 1791 5412 iep 09 2054 2103 2124 2049 8508 ***** 3d 09 2047 2085 2120 2045 5924 ***** tovO9 2055 2091 2115 2055 1169 6449 Total o/p:
      60 words
    • 296 21 Jul IS OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO9 DecO9 Mar10 Jun10 99.4250 99.2050 98.9950 98.6900 9416 5198 3268 3390 EUROYEN TIBOR FUTURES SepO9 99.500 99.500 DecO9 99.525 99.525 Mar10 99.525 99.525 Jun10 99.510 99.510 Sep10 99.460 99.460 Dec10 Mar11 Jun11 99.495 99.520 99.525 99.510
      296 words
    • 192 21 Jul 15 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) <\ugO9 171.0 >ep 09 167.5 3d 09 167.0 \lov09 168.0 Dec 09 167.0 Ian 10 170.0 167.5 166.5 167.0 167.0 171.0 170.0 168.0 168.0 168.0 168.7 120 29 30
      192 words
    • 87 21 Jul IS 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****S 15.10.09 -Year BY*****W 03.05.10 0.23 0.35 0.20 0.17 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year NX*****H 3.625 i-Year NX*****F 3.625 '-Year N*****0S 2.875 0-Year NX*****W 2.500 5-Year
      87 words
    • 101 21 Jul 14 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 09 1074.00 1091.50 1090.00 1058.25 Aug 09 1034.50 1018.50 1037.00 1005.50 Sep 09 963.50 955.50 965.75 948.50 Nov09 918.00 911.50 923.00 906.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 09 33.65 33.27 33.70 33.58
      101 words
    • 75 21 CRUDE OIL PRODUCTS Jul 14 origin^ t/barrel Close Cham irent blend (1-Mth F) 61.28 1.6! VTI (Near Mth) 59.50 -0.3! iubai (1-Mth F) 61.85 1.41 "apis blend 66.60 1.1! i/linas 63.05 1.1! >RODUCT JS$/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene 57.55 S7.32 0.10 0.31 US$/barrel )pec Oil Basket Price
      75 words
    • 463 21 Jul IS AS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS Australia 0.902 5.441 0.567 6.173 38.767 80.601 0.745 10.175 2.841 1.243 65.484 38.275 1.158 6.552 0.861 26.257 27.131 0.486 0.796 Canada 1.108 6.029 0.628 6.840 42.957
      463 words
    • 69 21 Jul IS mth 0.***** 0.***** mths 0.***** 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** mths 0.***** 0.***** mths mths 2 mths 0.***** 1.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 2.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.*****
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    • 154 21 Jul IS Against SS lurrencies Bid Offer Against USS Bid Offer >$IUS$ to one unit of foreign currency: Australian dollar 1.1575 1.1587 0.7964 0.7965 'anadian dollar 1.2826 1.2840 0.8825 0.8826 iuro 2.0419 2.0446 1.4049 1.4054 IZ dollar 0.9312 0.9328 0.6407 0.6412 jterlini ind 2.3792 2.3822 1.6370 1.6375
      154 words
    • 170 21 Jul 15 (US! f/oz) Jul IS Jul 14 GOLD BULLION COINS Hong Kong London 927.60 920.60 928.60 921.60 Jul 14 Jul 13 924.30 909.90 925.10 910.70 Source: Thomson Reuters (S$) Selling Buying 1 oz 1506.56 1360 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $528.58 433 SILVER Selling
      170 words
    • 63 21 Jul 14 ,luminium, 99.7% urity (US$/tonne) Close Previous :ash 1577.75 months 1605.00 1531.75 1561.00 Copper, Grade A (US$/tonne) :ash months 5066.00 5045.00 4898.50 4895.00 .ead (US$/tonne) :ash 1572.75 months 1595.00 1530.50 1555.00 lickel (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 'in (US$/tonne) :ash *****.00 *****.00 months *****.00 *****.00
      63 words
    • 71 21 Jul 14 (£/tonne) Close Prev Hii ih/Low Jul 09 1729 1694 1730/1699 SepO9 1750 1725 1752/1727 Dec 09 1752 1726 1754/1728 Mar 10 1752 1724 1753/1728 COFFEE (US$/tonne) Close Pev High/Low Jul 09 1376 1354 1373/1358 SepO9 1387 1365 1390/1362 Nov09 1410 1388 1412/1387 SUGAR (US tonne) White Close
      71 words
    • 2240 21 BONDS, WARRANTS EXTENDED SETTLEMENT rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 444 1 15 6 5.00 58 >036 Advance SCT Ltd W*****9 0.5 1 87 1491 11.00 13 Allgreen Prop.ES.0907 98 AscendasReit.ES. 0907 167 S092 Asia Environment
      2,240 words

  • Page 22 Advertisements
    • 3589 22 The Business Times Shipping Times 4\ L^V KPP T WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M f^-H f^^^V K^-E iiJBWtWn.M^lJL't II Vx"lll\ IAIA M UAI I llirr TEL *****588 (14LINES) FAX:*****163 1 A.^B iM I iME^Tl^l SorP^WWfIBHsiWHB I Y\\N I WAN HAI INtj PKL Id: I 03) *****388 FAX:
      3,589 words

  • Page 23 Advertisements
    • 4620 23 F*l irfF EASTERN CAR LINER, LTD ||E^SII!IZK!D Effl^iX IV s^_—i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS BM| KMlllMiillillM llllllllil'llllllllll^^^^M I I '"UK!) I Lillinq(KT) I SIN I PKL I )KT I KUC IKK I SURA I VOY 111 [ID DESTINAMN PCL/PHL SERVICE AMX SERVICE Connecting ECL Svc via
      4,620 words

  • BizIT
    • 604 24 Company also hires close to 50 engineers and managers for the new facility, reports WINSTON CHAI EASTMAN Kodak Company is looking to take on the goliaths of the printing industry with its latest inkjet printer and it is looking to Singapore
      604 words
    • 366 24  -  ONG BOON KIAT Spore chosen for its technology-centric population and IT infrastructure By SINGAPORE has become one of Salesforce.corn's most important prongs to deliver services to its nearly 60,000 customers across the world. The US-based software giant yesterday officially opened its first international
      366 words
    • 184 24 STARHUB has launched Singapore's fastest mobile broadband service, which lets users surf the Web from their laptops and PCs at download speeds of up to 21 Mbps. For $118 per month, Singapore's first commercial HSPA+ service dubbed Max Mobile Elite will let users
      184 words
    • 673 24  -  RONNIE LEE <you say> Healthy returns can be had by lowering total costs of ownership By WE ARE witnessing unprecedented global economic uncertainty that has caused consumer and business spending to be pulled back all over the world. With IT spending coming
      673 words
    • 363 24 -AP [BOSTON] Families crowded around black-and-white television sets in 1969 to watch Neil Armstrong take man's first steps on the moon. Now, they'll be able to watch the Apollo 11 mission recreated in real time on the Web, follow Twitter feeds of
      -AP  -  363 words
  • Page 24 Advertisements
    • 34 24 Call 6-594 7594 for more info or to join our SME Security Awareness seminar Stone Forest IT Micmson ppa yiiy OIUI IC lUI COL I I GOLD CERTIFIED ifflf MM www.StoneForestlT.com.sg Partner I lu^^^P
      34 words

  • PROPERTY
    • 708 25 Bloomberg They are lured by distressed sales and the rouble's rise against the US dollar [MOSCOW] Russian millionaires are returning to the US property market, lured by distressed sales and the rouble's rise against the US dollar, lawyer Edward Mermelstein said. "The
      Bloomberg; BLOOMBERG  -  708 words
    • 735 26 Reuters But demand for home purchase loans fell to lowest level since late-May [NEW YORK] US mortgage applications rose for a second straight week, driven by a jump in demand for home refinancing loans as interest rates tumbled, data from an industry
      Reuters; AFP  -  735 words
    • 467 27  -  EMILYN YAP The firm says it could be due to banks being less anxious to foreclose By BARGAIN hunters waiting for more distressed properties to show up at auctions could be in for a disappointment. Real estate consultancy firm DTZ believes that
      467 words
    • 117 27 MAPLETREE Industrial Fund has acquired its first industrial property in Japan. It has not disclosed the price it paid for Sun East Shinonome Building a freehold light industrial building with a gross floor area of 21,900 square metres in Tokyo's Koto Ward. The
      117 words
  • Page 25 Advertisements
    • 229 25 Jia WIP PREVIEW A limited edition development of 22 luxurious apartments along Wilkie Road. Redefining Luxury With Unprecedented Spaciousness And Quality 1200- 3056 sqft Exclusive Pte Lift Lobby 2/3 bdrms Penthouses Mins to Orchard Freehold Walking Distance to Dhoby Ghaut MRT •Very Spacious Interest Absorption Scheme Available* Stamp Duty Absorption*
      229 words
    • 117 25 Live Luxuriously Orange Grove I 72 Freehold units (3/4 Bedrooms/Penthouses) I Within 1 km to SCGS, ACS and Shangri-La Hotel I Single loading with North-South orientation I Minutes to Orchard Road I Deferred payment available at Attractive Prices Call for Appointment: Veniz Kwong 9455 6592 I Eda Ho 9295 6661
      117 words

  • Page 26 Advertisements
    • 516 26 muSOt&P W&ti Tanjong Pagar Road 2-storey Shophouse (2 shopfront) ■iEmli I SIS Sis Riß^" aCJ Land Area approx. 1,976 sq ft L^^^^j^^^3K>l Built-in Area approx. 3,300 sq ft V J I Tenure: 99 years wef 14/2/2000 JHHE H| Zoned: Commercial B^^g Within Conservation Area m,- -M To be sold with
      516 words

  • Page 27 Advertisements
    • 1739 27 i M fl L I broughttoiraubySFHNewMectoPteLtd B M 1 1 M M 3^ nj|j|l!i!n rVIH HOW TO ZAP: Download sofbvare by SMS-ing the word "zap" to ***** (post-paid) Pfiff SBSBIBBIT VfVMi or 9741-9401 (pre-paid). Zap the colour code found in the Savillsadverasemetrt. ~^^^B9P l!fffrfNKu^ GPRS data traffic charges and terms
      1,739 words
    • 132 27 ■(U'liirTilrVrn?^^^^^ savills SS-*q>«ltl»T Corporate Building 100 Pasir Panjang 4-storey with ample basement parking Approx 14,000 -120,000 sq ft Suitable for IT related offices, media, storage light production Immediate www.savills.com.sg For enquiries, please contact: Dominic Peters 9825 2101 Karan Phoa 9792 8416 MMi^ I City Plaza #01-67/741 Prime corner ground floor
      132 words

  • LANDED HOMES
    • 1071 28 Some 1,000 Singaporeans are said to own the majority of Good Class Bungalows here, reports ARTHUR SIM VERY few people live in landed homes in Singapore and even fewer live in Good Class Bungalows (GCBs), which probably explains why they are so desirable. There
      FILE PHOTO  -  1,071 words
  • Page 28 Advertisements
    • 97 28 This is the first of a four-part series brought to you by Real St a r premier property consultant f-« <■ x.<^ i wv\ »rsil!sliiSß2SW3!n!¥iifflw!BiKS!!H Seated, left to right: William Wong, Hoo Ka Fatt Emily Ho Standing, left to right: Serene Ang, Kishan, Eliza Foo, Julian Yip Foo Gek Ping
      97 words