The Business Times, 27 August 2009
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2009-08-27
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The Business Times
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Title Section20 2009-08-27 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sfili A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 .Thursday, August 27,200920 words
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Article, Illustration569 2009-08-27 1 KALPANA RASHIWALA - KALPANA RASHIWALA Q2 resurgence sees Indonesians pick up 5 times the number they bought in Q1 By [SINGAPORE] Foreign buying of private homes rose in Q2 but is not back in full force in terms of its share of higher-priced transactions, according toMartin Place Residences - 569 words
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MARKETS DIGEST
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Article29 2009-08-27 1 SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.394 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.51 INDIA 11.75 Source: BloombergBloomberg - 29 words
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Article47 2009-08-27 1 Inesi lay lange 1 COMP 1,172.56 +1.47 IIKKEI225 10,639.71 +142.35 1ANG SENG 20,456.32 +21.08 ;et index 658.28 +2.82 JAKARTA COMP 2,380.08 -0.43 1ANILA COMP 2,863.53 +5.38 ;eoulcomp 1,614.12 +12.74 ;henzhenb 503.93 +10.31 IUMBAI IND 15,769.85 +81.38 12 noon EDT Cham )OW 9,533.01 -6.28 IASDAQ 2,017.43 -6.8047 words
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Article43 2009-08-27 1 IS$ (S$ ier US$) 1.442 (US$/S$ per 1.634 2.355 :URO (US$/S$/E) 1.433 2.066 Forei in curreno >er US$ S$ 'EN 94.10 65.30 3.526 2.446 IK$ 7.750 5.376 !AHT 34.03 23.60 lUPIAH 10,040 6,965 lENMINBI 6.831 4.739 INDIAN RUPEE 48.77 33.83 1.194 0.82843 words
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827 2009-08-27 1 TEH SHI NING - TEH SHI NING More make it to million-dollar club in YA2OOB, but leaner times lie ahead By [SINGAPORE] Singapore's million-dollar club continued to grow, as did these top earners' average tax bill. A total of 3,838 taxpayers earned above a million dollars in the year827 words
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Page 1 Miscellaneous
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Miscellaneous68 2009-08-27 1 BizlT PROPERTY IGB MALAYSIA FED CHIEF i-> Juniper sees opportunities Asian Reits survive HI, W, Q2 GDP shrinkage The man who <* t y in Next Gen NBN but challenges remain i— I better than expected saved the world? PAGE 25 PAGE 29 ll PAGE 2 PAGES 4,11 and 1968 words
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TOP STORIES
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THREE-MINUTE DIGEST
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65 2009-08-27 2 SINGAPORE'S million-dollar club continued to grow in the last financial year, as did the average tax bill of these top earners. A total of 3,838 taxpayers earned above a million dollars in the year of assessment 2008, which assesses income earned in 2007. This was65 words
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58 2009-08-27 2 FOREIGN buying of private homes rose in Q2 but is not back in full force in terms of its share of higher-priced transactions, according to a caveats analysis by DTZ. The quarter also saw a resurgence of purchases by Indonesians, who were the58 words
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58 2009-08-27 2 THE Malaysian economy beat market expectations with gross domestic product contracting 3.9 per cent in the second quarter, versus a consensus forecast by private economists of minus 5.1 per cent. The smaller than expected contraction was a major improvement over the country's Ql shrinkage58 words
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64 2009-08-27 2 EVIDENCE of improved sentiment in the private residential sector filtering from the mass market to the upper end in the second quarter of this year has emerged in an analysis of caveats. The proportion of private residential caveats in Q264 words
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75 2009-08-27 2 COMMODITIES trader Noble Group said yesterday it will borrow US$l.B billion short-term revolving loans for general corporate purposes. It has signed a mandate letter with nine financial institutions to arrange for an extension of an existing US$1.2 billion "committed unsecured revolving75 words
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65 2009-08-27 2 PARKWAY Holdings yesterday said the number of people seeking treatment at its hospitals in Singapore may climb in 2009, overcoming two quarters of patient declines as the global economy recovers. "For July and August, we are slowly coming out of the woods and beating65 words
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65 2009-08-27 2 SINGAPORE'S factory output expanded 12.4 per cent year on year in July, thanks to a production surge in the biomedical cluster. The Economic Development Board said the month on month index was up 23 per cent on a seasonally adjusted basis while the65 words
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Article56 2009-08-27 2 JAPANESE exports slipped between June and July on a seasonally-adjusted basis, marking their first drop in two months and possibly signalling an end to recent export recovery. News of the setback came as the Japan External Trade Organisation said the outlook for global trade is56 words
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87 2009-08-27 2 MOST Asian real estate investment trusts have survived the economic storm in the first half of the year, but challenges from reducing gearing to growing distributions still lie ahead, says CB Richard Ellis. The market capitalisation of Asian Reits rose 14.3 per87 words
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Article, Illustration402 2009-08-27 2 S JAYASANKARAN - S JAYASANKARAN Building, services behind better than expected 3.9% Q2 shrinkage By in Kuala Lumpur THE Malaysian economy beat market expectations with gross domestic product contracting 3.9 per cent in the second quarter, versus a consensus forecast by private economists of minus 5.1 perBLOOMBERG - 402 words
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383 2009-08-27 2 ■AFP ADB says countries must bolster expansion at home in face of weak exports [SINGAPORE] Asian governments should look to boost domestic demand to help the region return to strong economic growth, the Asian Development Bank (ADB) said yesterday. With a weak■AFP - 383 words
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726 2009-08-27 4 KALPANA RASHIWALA - KALPANA RASHIWALA They make up 22% of total transactions, compared with 10% a quarter earlier Reports by [SINGAPORE] Improved sentiment in the private residential sector has filtered from the mass market to the upper tiers in the second quarter of726 words
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530 2009-08-27 4 THE median subsale price of non-landed private residential properties increased 18.1 per cent from $813 psf in Ql this year to $960 psf in Q2, an analysis of caveats by DTZ shows. It attributed the increase to more higher-end properties transacted in Q2 as530 words
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439 2009-08-27 4 AP LATEST US DATA But analysts fear consumer spending will remain muted [WASHINGTON] Orders for durable goods rose last month by the largest amount in two years, as the US manufacturing sector rebounded from the depths of the recession. There was moreAP - 439 words
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Article, Illustration919 2009-08-27 4 NYT Repairing legacy of bailouts will require judicious action [WASHINGTON] As he looks forward to a second term as chairman of the Federal Reserve, Ben Bernanke's biggest challenge will be to undo much of what made him a hero during his first term. InNYT; ■ REUTERS - 919 words
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Advertisement652 2009-08-27 2 SINGAPORE'S $***** IT CONSUMER TECHNOLOGY EXHIBITION SINGAPORE MANAGEMENT A f 3—| \_J^& I^^ www.comexshow.com.sg Thp Pact Prp^pnt sm i* f riiture in mm i 111 wC®~ of the Hedge Fund Industry fcH^^W^M^rtite^BH i&ft^iJ What is the future of the hedge fund industry LfcQrP' g^^^^^^^^m^^g jaßr and how should investors make652 words
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COMPANY NEWS
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Article, Illustration418 2009-08-27 5 OH BOON PING - OH BOON PING USsl.Bb short-term revolving loans for general corporate purposes By COMMODITIES trader Noble Group said yesterday that it will borrow US$l.B billion short-term revolving loans for general corporate purposes. In a statement, Noble said it has signed a mandate418 words
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585 2009-08-27 5 Bloomberg DBS: No comment on speculation on our M&A activities [HONG KONG] DBS Group Holdings and Julius Baer Holding AG are among potential buyers of ING Groep NY's private banking operations, three people familiar with the matter said. Amsterdam-based ING, theBloomberg - 585 words
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354 2009-08-27 5 JAMIE LEE - JAMIE LEE Revenue up 28% to $202 m, boosted by heavy-lift haulage By TIONG Woon Corporation's full-year net profit jumped 51 per cent, thanks to strong sales. The construction specialist company posted a net profit of $42.3 million for the 12 months354 words
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Article, Illustration445 2009-08-27 6 Bloomberg It plans to expand in China, India; tap demand from Russia, Saudi Arabia PARKWAY Holdings yesterday said the number of people seeking treatment at its hospitals in Singapore may climb in 2009, overcoming two quarters of patient declines as the global economy recovers.Bloomberg; FILE PHOTO - 445 words
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241 2009-08-27 6 CHEW XIANG - CHEW XIANG MAS acts under its civil penalty regime By A FINANCE manager of Singapore-listed Datapulse Technology has been fined $50,000 for insider trading, the Monetary Authority of Singapore (MAS) said yesterday. MAS took action under its civil penalty regime, which was introduced in 2004241 words
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COMPANY BRIEFS
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63 2009-08-27 6 BEAUTY China said that hearing of the winding-up petition against the company in the High Court of Hong Kong has been adjourned to Aug 31. The petition filed on June 18 alleged that Beauty China was indebted to and had failed to pay63 words
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98 2009-08-27 6 PACIFIC Century Regional Developments has submitted an updated set of financial figures for the six months ended June 30, 2009, including its share of PCCW's half-year results on an equity-accounting basis. Net profit attributable to equity-holders for the period jumped to $236.4 million from98 words
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Article81 2009-08-27 6 CHINA-BASED C&O Pharmaceutical Technology (Holdings) posted a 54.4 per cent increase in net profit to HK537.2 million (556.9 million) for the fourth quarter ended June 30, from HK$24.l miUion for the corresponding yearago period. For the full financial year, net profit dipped by81 words
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39 2009-08-27 6 GOODPACK Ltd posted a 12.1 per cent drop in net income to U5525.9 million despite a 2.9 per cent rise in sales to U*****.4 million for the full year ended June 30, 2009.39 words
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Article54 2009-08-27 6 MAGNUS Energy Group said yesterday that it may report a loss for its fourth quarter and full year ended June 30, 2009. The company said this was due to impairment loss of the coal and oil concession rights, impairment loss of oilfield assets, as well as54 words
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Article36 2009-08-27 6 KARIN Technology said that its net income for the year ended June 30, 2009, plunged 47.3 per cent to HK532.4 million (Ss6 million), while revenue dropped 17.3 per cent to HK$l.57 billion.36 words
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Article48 2009-08-27 6 LASSETERS International returned to profitability with a net income of A 54.9 million (555.9 million) for the year ended June 30, 2009, compared with a loss of As 34 million a year ago. However, revenue fell 31 per cent to As 93 million.48 words
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88 2009-08-27 6 CAPITALAND unit Australand said yesterday it received valid applications for A 580.3 million (Ss97 million), excluding Capita Land's pro-rata take-up, for the retail portion of its rights offer resulting in a shortfall of about 3 per cent. But because the retail offer was fully underwritten,88 words
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787 2009-08-27 7 CHEW XIANG - SGX as Asian Gateway but at what price? CHEW XIANG A MONOPOLY faces two choices when a new competitor comes knocking: to fight or to cooperate. The Singapore Exchange (SGX) has chosen to cooperate. Two weeks ago, it signed a deal with New York-based exchange operator Chi-X to set up787 words
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Advertisement76 2009-08-27 5 J JB J A I! v>- Q^- 4'^/S f *f h mi m m. "~y&f^^i^ l*mm S I A iiwrii /P^ 1 1 j£l l^* on 7 Septennber 2009, the alfred dunhill master tailor from london, mr Jonathan payne will be available for private custom tailoring appointments, to schedule an76 words
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Advertisement55 2009-08-27 6 Kelfogg-HKUST EXECUTIVE MBA PROGRAM The World Class Kellogg-HKUST Executive MBA Consistently ranked among the top. Ranked No.l in the world by The Wall Street Journal (2008) Ranked N0.2 in the world by Financial Times (2008) Ranked No.l in the world by Financial Times (2007) Source: 2008 EMBA Survey by WSJ55 words
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Advertisement71 2009-08-27 6 Sale of Factory at 15 Gul Link Single-storey JTC corner terrace factory with mezzanine floor Land area approx 19,550 sq ft Floor area approx 11,356 sq ft Tenure 30 30 yrs wef 16/9/1990 Call: Roger Tan at *****869 *****388 Freehold in prime District 10, exclusive 289 units Walking distance to71 words
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Advertisement795 2009-08-27 7 I BBBBBl7CTTfw?i»7?nrBBBBB' I fg^ I y_T^ <T^^ S Castano m H ftV $Ifi9s Spain %f-fc}y WRJy Ibm—i^a^aH- »-~lj i^b"^Bi Firestick I 1 J^^k m^^^ b»»w^ Semillon I .^aa^ia^a^* .^^b^b^^. _^i^!(^^^^B Sauvignon Blanc I I I r J $9995 Australia I^l^B y flP"l"9I%S >^B^»WrW^k 75c1U.P.527.95 I nt t flifiitiititU^ A chateau795 words
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SINGAPORE MARKETS
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Article, Illustration589 2009-08-27 8 R SIVANITHY - R SIVANITHY STOCKS STI rises 9.67 points as rotational interest shifts from blue chips in a market desperate for new ideas PENNY stocks the cheaper the better were the main focus in yesterday's session, which saw the Straits Times Index first rise 20 points but;: Bloomberg - 589 words
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Article100 2009-08-27 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 10 3 4 0 0 0 10 3 4 lanufacturing 93 45 69 13 106 48 78 Commerce 33 17 25 38 21 30 'pt/Stor/Comms 20 11 12 21 12 12 :inance 18 18 Construction 11100 words
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Article117 2009-08-27 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 44,470 44,470 66,854 66,854 lanufacturing 667,126 104,036 771,162 293,182 4,743 297,925 lommerce 375,070 31,426 406,496 125,791 18,742 144,533 'pt/Stor/Comms 266,353 4,430 270,783 250,382 901 251,284 :i nance 43,106 43,106 218,452 218,452 lonstruction 175,209 63,423 238,632 46,547 1,343 47,890 'roperties117 words
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Article101 2009-08-27 8 lapitaLand 3.750 -0.040 lapitaMall 1.590 +0.040 jtyDev 10.080 -0.020 lomfortDelGrc 1.550 -0.010 losco Corp 1.230 +0.020 IBS Grp 13.000 -0.060 :&N 3.980 +0.050 ienting SP 1.020 +0.030 iolden Agri 0.485 -0.005 IK Land 3.990 +0.050 IMH 28.000 +0.220 ISH 15.800 lardineC&C 23.820 +0.420 Ceppel Corp 7.820101 words
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Article, Illustration766 2009-08-27 8 JOYCE HOOI - JOYCE HOOI Swissco International Aug 26 close: $0.92 DBS GROUP RESEARCH, Aug 26 TUESDAY'S share price of $0,725 implies 23 per cent discount to estimated Swissco's breakup value. We estimate Swissco's break-up value at $0.94, assuming a 20 per cent fall from the estimated current market value for: Bloomberg; Bloomberg - 766 words
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Article, Illustration436 2009-08-27 8 Reuters CURRENCIES [NEW YORK] The US doUar firmed yesterday, recouping losses this week, as a less-than-upbeat US durables report eroded risk appetite and prompted investors to seek shelter in the safe-ha-ven currency. US durable goods orders surged last month. But a key measure– Reuters; BLOOMBERG - 436 words
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Article, Illustration59 2009-08-27 8 DAILY Aug 26 VALUE CLOSE IT OB/OS 692.00 +311.C IT CADI -*****.00+155. IT 10-day MA -*****.00+69.01 TSE ST Mid Cap 600.28 +3.7 TSE ST Small Cap 547.42 +4.8 TSE ST All Share 646.29 +2.8 TSE ST China Top 278.48 +3.4: TSE ST China 276.22 +2.9' TSE ST59 words
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Article54 2009-08-27 8 VOLUME Gentinq SP 130,528,000 AusGroup 11 5,905,000 Abterra 100,057,000 BanJooW*****2 89,890,000 Marco Polo 68,129,000 Sapphire 62,111,000 Golden Aqri 61,395,000 Synear 55,861,000 Rowsley 55,612,000 HLHGrp 53,261,000 VALUE($) Gentinq SP 132,577,010 DBS Grp 92,548,364 AusGroup 78,322,660 CapitaLand 54,361,290 OCBC Bk 48,986,410 Yanqzijianq 46,544,690 Keppel Corp 43,613,212 SingTel 42,774,290 UOB54 words
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Article110 2009-08-27 8 CLOSE UP IBXTDJE50 10US$ 4164 384.8 6.9 iBXT MSEuroi 10US$ 4042 341.5 6., iBXT FTChina25 10US$ 2906 85.0 2.1 imei iNav 800 60.0 8.1 ilA.ES.0909 1348 60.0 4. ilA 200 1344 54.0 4., ICBCCai 5.1%NCPS 100 9908 50.0 0. iBXT Ni 10US$ 9730 43.2 0. LD 10US$ 9320 43.2110 words
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Article115 2009-08-27 8 CLOSE DOWN BMT 1260 -40.0 -3.1 UOB 5.05%NCPS 100 ***** -40.0 -0.4 DBXT MSTaiwan 10US$ 1351 -36.0 -1.8 Creative Tech 622 -32.0 -4.9 DBXTMSKorea 10US$ 4111 -20.2 -0.3 ;txpo ioo 1290 -20.0 -1.5 At '.ES.0908 1006 -12.0 -1.2 DBS DB eCW*****8 101 -11.0 -9.8 Kei Con 782 -10.0 -1.3115 words
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Article83 2009-08-27 8 Aug 26 CHNG CLOSE FRAug25 YR SSLOW R2009 S$ HIGH USS 1.4433 -0.11 1.5579 1.4308 Euro 2.0594 0.04 2.0732 1.9150 Pounds 2.3450 0.82 2.4366 2.0356 1.2002 0.67 1.2171 0.9453 ren* 1.5319 -0.17 1.7278 1.4831 Rupiah* 0.***** 0.14 0.***** 0.***** Baht* 4.2436 -0.52 4.3390 4.1040 Peso* 2.964883 words
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SINGAPORE NEWS
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548 2009-08-27 9 OH BOON PING - OH BOON PING EDB cites production surge in biomedical cluster, due to jump in Pharmaceuticals By SINGAPORE'S factory output expanded 12.4 per cent year-on-year last month, thanks to a production surge in the biomedical cluster, the latest figures show. The Economic Development Board548 words
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302 2009-08-27 9 JAMIE LEE - JAMIE LEE By THE courts will now allow documents requested in civil litigation cases to be disclosed electronically. The move comes as more documents are stored electronically and is part of efforts to reduce litigation costs, senior assistant registrar Yeong Zee Kin told a302 words
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Article, Illustration452 2009-08-27 9 CONRAD TAN - CONRAD TAN By CREDIT Suisse yesterday announced nine new hires many from its competitors to beef up its Asia-Pa-cific fixed income sales and trading team. Separately, rival ÜBS said it has hired Lee Boon Keng, former senior investment strategist at DBS Group, as chief452 words
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387 2009-08-27 9 LEE U- WEN - LEE U-WEN By [SINGAPORE] The Finance Ministry has rejected a number of "unfounded claims" made by The Wall Street Journal Asia (WSJA) in a recent editorial on Temasek Holdings that called into question the organisation's transparency. In that editorial last Thursday, WSJA writer387 words
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228 2009-08-27 9 CLIFFORD Chance is eyeing a bigger slice of action in international arbitration and regulatory advisory work, with its latest hire of five lawyers to kick-start its new South-east Asia international arbitration and dispute resolution practice here. This move comes hot on228 words
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171 2009-08-27 9 SINGAPORE Management University (SMU) yesterday unveiled a collaboration with ACI Asia and ACI Singapore to launch training and certification programmes for financial-market professionals in Singapore and the region. A suite of co-branded programmes will be developed that meet the professional standards of171 words
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Article, Illustration388 2009-08-27 10 LEE U- WEN - LEE U-WEN By Cost mgt, customer service, talent mgt succession planning are major challenges COST management, customer service, talent management and succession planning are the best ways for companies to ensure sustainability after the downturn, a study has found. A "Succeed orSource: SHRI - 388 words
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176 2009-08-27 10 MAXI-CASH yesterday launched its seventh pawnshop at Lucky Plaza in Orchard Road since it announced its move to expand into pawnbroking in February this year. Maxi-Cash, a wholly owned subsidiary of jewellery retailer Aspial Corporation, aims to provide traditional pawnbroking services in a modern176 words
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299 2009-08-27 10 THE Nanyang Technological University (NTU) and Spring Singapore have joined hands to set up a new competition that combines funding support and mentorship for young, aspiring entrepreneurs. Called ideas.inc., the initiative is different from other business plan competitions in that it allows participants the299 words
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SINGAPORE ROUNDUP
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59 2009-08-27 10 SINGAPORE and the Netherlands have signed a protocol amending their standing convention on the avoidance of double taxation. A commitment to elevate bilateral cooperation in the exchange of information on tax matters and an agreement that the two countries will re-negotiate their double taxation agreement59 words
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62 2009-08-27 10 THE Singapore Institute of Manufacturing Technology, a research institute of the Agency for Science, Technology and Research, has announced the signing of a memorandum of understanding (MOU) with Switzerland's Centre Suisse d'Electronique et de Microtechnique to carry out joint research projects and62 words
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Article, Illustration938 2009-08-27 10 Samwoh Corp provides one-stop services and seeks to exploit new opportunities through R&D and consultancy, report GOH CHENG KANG, LAY SHI WEI, PHON YUE Nl KATIE and TAY WEI PING NFRASTRUCTURE builder Sam- woh Corp has come a long way I since it938 words
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Advertisement11 2009-08-27 9 Lianhe Zaobao UGS tells how it in 1 LPG business 30%mtS1»B?11 words
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Advertisement365 2009-08-27 9 4§ For those who can't wait to discover Asia. Take off with our special travel deals. *jjjßt?*W^ From 24 August to 7 September 2009, log on to silkair.com or visit our appointed travel agents to book £r^ your tickets for your year-end holiday. With all-inclusive fares starting from just $168,365 words
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Advertisement151 2009-08-27 10 j^l One of the largest singular irrigation developments in NomfiwK. Australia an iconic rural holding 93,329 hectares, including 22,256 ha developed irrigation vlsltm area and potential to further develop an additional 11,000 ha «STm Properties for sale include Cubbie Station, Dirranbandi and The Anchorage and Aspen, St. George .'oT™ Government151 words
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Advertisement65 2009-08-27 10 ENTERPRISE Celebrating Singapore's Enterprising Spirit 2009 Published every Tuesday and Thursday, this series is part of the Enterprise 50 Educational Project between the E5O partners and the NUS Business School. Samwoh was among the E5O winners in 2008. The annual E5O ranking is coorganised by The Business Times and KPMG,65 words
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ECONOMY WATCH
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Article, Illustration588 2009-08-27 11 ANTHONY ROWLEY - ANTHONY ROWLEY But foreign direct investments both from and into Japan leap last year: Jetro BY. in Tokyo JAPANESE exports slipped between June and July on a seasonally-adjusted basis, marking their first drop in two months and possibly signalling an end to recent export recovery.AFP - 588 words
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448 2009-08-27 11 Risk of continued high defaults keep credit spreads high [NEW YORK] The sanguine view of stock investors about the US economy is not borne out by the credit market, which is signalling that a recovery from the longest downturn in decades may be448 words
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Article, Illustration620 2009-08-27 11 Reuters [SINGAPORE] South Korea has rebounded from last year's financial crisis faster than some of its neighbours, thanks in part to a weaker won, giving Asia a valid and powerful reason to stick to its export-orient-ed growth strategy. The highly leveraged and openReuters; AFP - 620 words
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513 2009-08-27 11 ■AP [WASHINGTON] Giving Ben Bernanke a second term as US Federal Reserve chairman was the politically safe course for a president beset by multiple crises and wanting no new battles. The decision also helped soothe jittery financial markets, while drawing applause across party■AP - 513 words
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332 2009-08-27 11 Reuters [NEW YORK] Currency investors and analysts said the nomination of Federal Reserve chairman Ben Bernanke to a second term is not likely to immediately boost the US dollar. The decision removes the fear of a change in one of the keyReuters - 332 words
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MALAYSIA/INDONESIA
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351 2009-08-27 12 It blames lower prices and a property writedown in Singapore [KUALA LUMPUR] 101 Corp, Malaysia's se-cond-biggest palm-oil producer, said that fiscal fourth-quarter profit fell 18 per cent because of lower prices and a property writedown. Net income dropped to RM487.1 million (Ss2oo351 words
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Article339 2009-08-27 12 Bloomberg It cites wins by big spenders at its hilltop casino for fall [KUALA LUMPUR] Genting Bhd, Asia's largest listed casino operator, said that second-quarter profit fell 26 per cent from a year earlier on wins by high spenders at its hilltop casino in MalaysiaBloomberg - 339 words
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Article, Illustration617 2009-08-27 12 AFP [JAKARTA] The owner of a radical Islamist website who calls himself the "Prince of Jihad" in his blog postings has been arrested in connection with last month's Jakarta hotel bombings, police and a lawyer said yesterday. Counter-terror squad officers arrested Muhamad Jibril Abdurahman,AFP - 617 words
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219 2009-08-27 12 Bloomberg [JAKARTA] Palm oil exports from Indonesia, the world's biggest producer, dropped 7.6 per cent last month compared with the previous month as companies delayed shipments to avoid paying an export duty that expired this month. The country exported 1.09 million tonnes■ Bloomberg - 219 words
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INDIA
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Article, Illustration663 2009-08-27 13 Bloomberg Minister says both India and China want an agreement at Copenhagen [BEIJING] India's environment minister urged the world's developed countries to call his nation's "bluff and sign on to steeper cuts in greenhouse-gas emissions. India and China would have– Bloomberg; i BLOOMBERG - 663 words
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654 2009-08-27 13 ■AFP [MUMBAI] In India's highly competitive Bollywood movie industry, any publicity is good publicity as studios battle to secure maximum exposure for their upcoming films. Dozens of public relations firms have sprung up in recent years to promote movies and boost■AFP - 654 words
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Advertisement238 2009-08-27 13 st Mary manhattan-style metro living in the gateway city of kuala lumpur This is world-class city living in the Central Business District (CBD) of Kuala Lumpur City Centre (KLCC). Styled after Manhattan's iconic loft apartments, this freehold, blue-chip development offers private luxury suites that raise city living to a new238 words
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GREATER CHINA
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266 2009-08-27 14 Bloomberg [HONG KONG] China's economic growth may exceed 10 per cent in the first quarter of next year on a "moderately loose" monetary policy, a government research agency forecast. The policy will stay in place in the short term to ensure aBloomberg - 266 words
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Article, Illustration456 2009-08-27 14 Bloomberg Application over blocking of buyout offer raises no issues of public importance [HONG KONG] PCCW Ltd chairman Richard Li was refused leave to appeal the blocking of his buyout offer for Hong Kong's biggest phone company because the application raises no– Bloomberg; AFP - 456 words
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351 2009-08-27 14 Bloomberg [HONG KONG] Kerry Properties Ltd, the Hong Kongbased builder controlled by the family of Malaysian tycoon Robert Kuok, said first half profit fell 24 per cent amid lower property sales in China. Net income slid to HK$l.BB billion (*****– Bloomberg - 351 words
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288 2009-08-27 14 Bloomberg [HONG KONG] Citic Pacific Ltd, the Chinese investment company that's reorganising following derivatives losses, reported a 43 per cent drop in first half profit as the global recession hammered demand for steel. Net income dropped to HK52.47 billion (***** million), or■ Bloomberg - 288 words
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Page 14 Advertisements
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Advertisement2096 2009-08-27 14 V*l7 -lrTs^rr>T^T*'ri To"free: 180°-289-8822 V IVIII L W Email: notices@sph.com.sg JL V^-/ JL JL^^ 1' kj www.cats.com.sg IN THE MATTER OF twthf mattfr npTHP In the Matter of THE COMPANIES ACT, CAP. 50 COMPANIES ACT CAP*) The Companies Act, Cap. 50 IN THE MATTER OF and companiesact.cap.so And THE COMPANIES2,096 words
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Advertisement34 2009-08-27 14 tahjat THE HEARTBEAT OF THE INDIAN COMMUNITY TO BUY OR NOT TO BUY Spotlight on the Indian property market SUPER SEVEN The seven things that make A.R. Rahman V ykZl a legend 1 134 words
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Advertisement15 2009-08-27 14 m. m mum Iwomm qol\ ML MON-fRI BPM TOI2MH WITH I BOYTHUNDEIT [lißiy'S BEST KillSOcJI15 words
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ASIA-PACIFIC/WORLD
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Article470 2009-08-27 15 Reuters Industry confidence growing as returns improve and redemptions slow [LONDON] Hedge funds and bank trading desks are hiring again. They have already snapped up some of the most talented managers who were dislodged while firms struggled in the credit crisis, industry insiders said. HedgeReuters - 470 words
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Article, Illustration378 2009-08-27 15 -AP [CANBERRA] Australia gave final approval yesterday for the development of a natural gas field that will export an estimated US$4l billion in energy to China over 20 years. Environment Minister Peter Garrett said Gorgon gas field operator Chevron Corp had agreed to meet the-AP; AFP - 378 words
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434 2009-08-27 15 AP [FRANKFURT] German business confidence improved for a fifth consecutive month in August as Europe's largest economy showed signs of recovery from its deep downturn, a closely watched survey said yesterday. The Ifo Business Climate Survey, conducted by the Institute for Economic Research at theAP - 434 words
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251 2009-08-27 15 Reuters [PARIS] Alcatel-Lucent shares jumped 16 per cent yesterday as traders cited market talk of a possible bid from a Chinese manufacturer of telecom gear and a rating upgrade by Natixis. A spokeswoman for the Franco-American firm declined to comment on theReuters - 251 words
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Article, Illustration617 2009-08-27 15 Reuters OBITUARY [BOSTON] US Senator Edward Kennedy, a towering figure in the Democratic Party who took the helm of one of America's most fabled political families after two older brothers were assassinated, died at age 77, his family said. "Edward M Kennedy, the husband, father,■ Reuters; AP - 617 words
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Page 15 Advertisements
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Advertisement469 2009-08-27 15 ©2009 Ernst Young Solutions LLP. All Rights Reserved. SSSpip® Goods and Services Tax (GST) seminar Gearing up for IRAS GST audits Thursday, 24 September 2009 Earlier this month, the Inland errors, the IRAS Voluntary 2:00 p.m. to 5:30 p.m. Revenue Authority of Singapore Disclosure Program, and the (IRAS) publicly announced469 words
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WORLD
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Article, Illustration507 2009-08-27 16 AP Part of bonus to be repaid if performance of bank or trader's team deteriorates [PARIS] President Nicolas Sarkozy of France on Tuesday announced steps, agreed to by bankers, to curb excessive compensation in the industry as he pledged to push for tighterAP - 507 words
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Article, Illustration470 2009-08-27 16 Bloomberg [NEW YORK] Citigroup's mortgage business has hired 1,400 employees this year to help modify delinquent loans as President Barack Obama's administration increases pressure on banks to stem foreclosures. The hires, made in recent months, are in addition to about 2,600Bloomberg; AFP - 470 words
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518 2009-08-27 16 Bloomberg Payments hinge on return on equity targets being met [WASHINGTON] Bank of America, Deutsche Bank and Credit Suisse Group are deferring underwriting fees for initial public offerings (IPOs) by mortgage-in-vestment companies after buyers baulked at the deals. Bank of America (BoA)Bloomberg - 518 words
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Article, Illustration381 2009-08-27 16 -AP [WASHINGTON] A judge on Tuesday ordered federal regulators to explain why they didn't investigate whether executives at Bank of America misled shareholders about bonuses paid by Merrill Lynch. US District Judge Jed Rakoff in Manhattan has delayed approving the bank's-AP; REUTERS - 381 words
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443 2009-08-27 16 -AFP More needs to be done to avoid serious carbon chasm: study [PARIS] The world's 100 largest companies are failing to meet scientific recommendations on cutting CO2 emissions to contain global warming, a new study released on Tuesday warned. "We are facing-AFP - 443 words
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AVIATION/SHIPPING
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Article, Illustration563 2009-08-27 17 VINCENT WEE - VINCENT WEE It commissions two vessels, says freight rates may rise by next quarter By [SINGAPORE] Thai-listed feeder line Regional Container Lines (RCL) became one of the few shipping lines to put down money on new ships as its president Sumate Tanthuwanit expressed cautiousRCL - 563 words
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416 2009-08-27 17 VINCENT WEE - VINCENT WEE By [SINGAPORE] Latin America will become more accessible to travellers from Singapore, now that an open skies agreement (OSA) with Peru and bilateral air services agreements (ASA) with Colombia and Ecuador have been reached. Besides allowing for flights to and416 words
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203 2009-08-27 17 Reuters [OSLO] Norwegian offshore oil services provider Prosafe Production said yesterday that it expected few new contracts this year and an improvement in demand for floating production vessels next year. Prosafe Production, which has a fleet of floating production, storage and offloading (FPSO) vessels,Reuters - 203 words
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Article2637 2009-08-27 17 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), BR2,637 words
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Article, Illustration428 2009-08-27 17 YEN SREENIVASAN - YEN SREENIVASAN By [SINGAPORE] Preliminary figures released yesterday by the Association of Asia Pacific Airlines (AAPA) showed that its member airlines carried a total of 11.5 million international passengers in July, 7.8 per cent less than in the same month last year. International428 words
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TRANSPORT STOCKS
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Article101 2009-08-27 17 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd... Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KTVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.58 0.28 1.23 0.65 1.61 0.61 0.06 ....unch 0.45101 words
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Article37 2009-08-27 17 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brief PDZ Holdings 1.02 8.80 8.68 3.13 3.00 unch 0.09 0.01 unch 0.02 0.03 0.01 unch unch 71 125 633 1162 10 0 92937 words
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Article22 2009-08-27 17 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.20 21.00 2.04 unch unch 0.75 unch unch 1124 1855 12 022 words
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Article21 2009-08-27 17 Evergreen Marine ....20.20 :irst5teamship 38.20 /Van Hai Lines 16.90 r"ang Ming Marine...12.00 -0.35 -1.05 0.25 -0.20 6 1 2 921 words
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Article43 2009-08-27 17 '000 mg 'en (awasaki Hyy Ind ..253.00 (awasaki Kisen 402.00 Mitsubishi Hvy 389.00 i/litsui Eng&Sbldg...261.00 Mitsui Osk Lines 581.00 Nippon Express 406.00 Nippon Yusen 409.00 iource: Thomson Reuters 1.00 ***** 19.00 9420 18.00 ***** 6.00 4768 8.00 ***** 13.00 6747 9.00 793143 words
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Page 17 Miscellaneous
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Miscellaneous201 2009-08-27 17 CRYPTIC CROSSWORD Across 8 Do more exercise when una(6) I boat (5,3) Down 14 Eggs from Vouvray oddly left YESTERDAY'S SOLUTION 1 No time uncharged particle is out (3) Across: p ostcodS: 5 Myriad g nerve-cell (6) 16 Spruced-up new journalist Microbes, 10 Jotter, 12 Canape, 2 Beat one reserve201 words
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EDITORIAL & OPINION
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429 2009-08-27 18 PRESIDENT Barack Obama nominated Ben Bernanke, 55, for a second term on Tuesday, praising the United States Federal Reserve chairman for helping to "put the brakes on our economic free fall". There was some uncertainty, with market talk that Lawrence Summers, director429 words
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Article, Illustration1131 2009-08-27 18 PAUL CORNELIUS - PAUL CORNELIUS Businesses must manage risk and strongly focus on compliance with laws and practices By TODAY'S business environment is one of continuing uncertainty. There is hope that the world is emerging from a severe economic downturn, but concern as to how long the recoveryTHE STRAITS TIMES FILE PHOTO; PricewaterhouseCoopers Services LLP - 1,131 words
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Article, Illustration831 2009-08-27 18 ANTHONY ROWLEY - ANTHONY ROWLEY THE BOTTOM LINE CHINA overtook Germany to become the world's largest exporter in the first half of 2009 a rather dubious honour since the universal need now is to find ways of fostering domestic demand rather than increasing exports. Meanwhile, Japan's831 words
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Article, Illustration877 2009-08-27 19 ROBERT SAMUELSON - ROBERT SAMUELSON The larger reason to rename Bernanke as Fed chairman is: he deserved it IT WOULD have been insane (not to be too subtle) for President Barack Obama not to nominate Ben Bernanke to a second term as chairman of the Federal ReserveAP - 877 words
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Article, Illustration623 2009-08-27 19 LEON HADAR - LEON HADAR PRESIDENT Barack Obama ended speculation that he might appoint a new head of the United States central bank when he announced that he would be nominating Federal Reserve Board chairman Ben Bernanke for a second term. Mr Bernanke, whose first term will expire next623 words
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Article, Illustration650 2009-08-27 19 GAGAN MALIK - GAGAN MALIK "The thrust of the Code is to improve the efficiency and equity of our tax system by eliminating distortions in the tax structure. The new code is designed to provide stability in the tax regime as it is based on wellBLOOMBERG - 650 words
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SINGAPORE STOCKS
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Article8958 2009-08-27 20 Transaction date: Aug 26 Hi! !-wks Tel Low Code Com| Sale Cooo) Hi: Low Bu] ?er Seller C'vr •k P/E Smil >an] 15.5 3 3148 8Telecom 8 2.5 5834 A-Sonic 29 12 5000 ABRHIdgs 14.5 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 84.58,958 words
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Article1680 2009-08-27 21 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld ('000) High Low Buyer Seller C'vr Net P/E M Cap $mil 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Vld Net C000) High Low Buyer Seller C'vr P/E MCap1,680 words
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Article401 2009-08-27 21 Hii Low Code Comi Sale COOP) Hii Low Big Seller Cvr P/E imil 110 100 6389 ABFSG Bond ETF 110 794 427 CIMBAsean40 100US$ US731 +3 274 149 DBS STI ETF 100 267 +1 4164 3534 DBXT DJE50 10US$ US4164 +267 DBXTDJE50Sh 10US$ US3076 1682 DBXT FTChina25 10US$401 words
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Article253 2009-08-27 21 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer253 words
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Article9289 2009-08-27 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!& 1.963/ AIGIF S'pore Bond Fund/ A 1.316/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.04/ APS Alpha Fund (USD)!** 0.72/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5162/ APS Komaba9,289 words
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Page 20 Advertisements
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Advertisement18 2009-08-27 20 AUDEMARSPIGUET balance of forces Le maitre de I'horlogerie depuis 1875 »?^k For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com18 words
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FINANCE & COMMODITIES
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380 2009-08-27 22 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Aug25 World Index Preliminary 783.8 0.5 15.6 0.5 18.8 0.6 18.' t EAFE Prel liminai 750.7 0.2 15.6 0.2 21.0 0.3 21.1 Euroi Prelim inan380 words
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Article124 2009-08-27 22 As at 9am Aug 26 )i foreign currency: lurrencies Bid Offer lust dollar 1.1930 1.2290 .an dollar 1.3200 1.3360 luro 2.0510 2.0740 IZ dollar 0.9800 1.0010 iterlini ind 2.3430 2.3690 JS dollar 1.4350 1.4520 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer :hi124 words
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Article151 2009-08-27 22 Aug26 Xterniqht 1/8 -month 7/16 -months 9/16 l-months 11/16 Overnight mode: 3/16 IS$ Offer par 3/16 5/16 7/16 Bid 1 days I month I months months d months months I I. (All 0.35 0.39 0.50 0.55 0.80 1.40 1.50 Offer 0.25 0.29 0.30 0.35 0.60 0.90 1.00 Bid151 words
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Article20 2009-08-27 22 Aug 26 STI Aui 2616 2626 2628 IIMSCI Am 316.4 317.9 316.5 "aiwan Aui 248.0 251.3 246.420 words
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Article18 2009-08-27 22 Aug 26 Bid Offer -month 1.4414 1.4424 1.4416 1.4427 {-months 1.4417 1.4428 >-months 1.4420 1.443118 words
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Article57 2009-08-27 22 Aug26 lelivery flonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position iep 09 2404 2449 2472 2404 390 3d 09 2397 2385 2410 2363 1750 tovO9 2364 2357 2385 2337 9427 )ecO9 2362 2350 2375 2330 2736 Total o/p: ***** contracts Turnover: ***** lots57 words
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Article294 2009-08-27 22 Aug 26 URODOLLAR FUTURES >epO9 DecO9 VlariO lun10 99.6275 99.4650 99.2150 98.8050 6118 3096 2869 3498 EUROYEN TIBOR FUTURES >epO9 99.465 99.465 DecO9 Vlar10 99.510 99.510 un10 99.520 99.520 >ep10 3ec10 \/lar11 un11 99.465 99.510 99.520 99.465 99.495 99.525 99.520 99.480 99.440 99.355 99.295 300 ***** 3095294 words
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Article188 2009-08-27 22 Aug 26 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) iepO9 212.0 3d 09 212.0 MOV09 Dec 09 Ian 10 213.0 =eb 10 212.0 210.5 212.5 212.0 212.0 212.0 212.0 213.0 213.0 10 200 40 430 675 798 1020188 words
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Article461 2009-08-27 22 Aug 26 AS CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS lustralia 0.911 5.721 0.584 6.491 40.838 84.080 0.788 10.471 2.953 1.217 69.299 40.813 1.207 6.507 0.888 27.568 28.494 0.513 0.837 :anada 1.098 6.281 0.642 7.126461 words
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Article89 2009-08-27 22 Aug 26 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****S 26.11.09 -Year BY*****W 03.05.10 0.29 0.35 0.24 0.24 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-Year89 words
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Article64 2009-08-27 22 Aug26 mth 0.***** 0.***** mths 0.***** 0.***** 6mths 0.***** 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 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs64 words
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Article139 2009-08-27 22 Aug 26 /oz) tug njg Hong Kong 947.00 945.00 948.00 946.00 Aug 25 Aug 24 948.10 951.15 (SS) Selling Buying 1 oz 1530.1 1382 UBS GOLD LUNAR KINEBAR (SS) Selling Buying M Sellim Bui rim .ondon Source: Thomson Reuters 10gm SILVER $536.07 Selling Bit 440 /ing CAST BAR139 words
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Article100 2009-08-27 22 Aug 25 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Sep 09 1091.00 1080.00 1108.00 1072.75 Nov09 999.00 1007.50 1016.00 988.00 Jan 10 1001.25 1009.50 1018.00 990.75 Mar10 997.25 1007.00 1014.25 991.00 SOYBEAN/OIL (60,000 lbs;llscent/lb) Close Previous High/Low Sep 09 36.54 37.11 37.15 36.43 3d 09100 words
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Article75 2009-08-27 22 CRUDE OIL PRODUCTS Aug 25 origin^ t/barrel Close Cham irent blend (1-Mth F) 73.29 -1.2! WTI (Near Mth) 71.88 -1.7! iubai (1-Mth F) 72.22 -0.4I "apis blend 79.25 -0.5! i/linas 77.05 -0.2! >RODUCT JS$/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene S9.25 79.75 -0.1 -0.2 US$/barrel )pec Oil Basket Price75 words
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Article149 2009-08-27 22 Aug 26 Zurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.2065 1.2080 0.8372 0.8377 Canadian dollar 1.3248 1.3263 0.9193 0.9197 luro 2.0651 2.0673 1.4330 1.4335 IZ dollar 0.9918 0.9929 0.6882 0.6885 Sterlinc 2.3540 2.3560 1.6335 1.6337 IS dollar 1.4411 1.4421 >$IUS$149 words
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Article61 2009-08-27 22 ,luminium, 99.7% urity (US$/tonne) Close Previous :ash 1865.00 months 1900.00 1893.00 1927.00 Copper, Grade A (US$/tonne) :ash months 6298.50 6311.00 6420.50 6425.00 .ead (US$/tonne) :ash 2044.00 months 2061.00 2007.00 2025.00 lickel (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 'in (US$/tonne) :ash *****.00 *****.00 months *****.00 *****.00 inc, Special61 words
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Article72 2009-08-27 22 Aug 25 Close Prev Hii ih/Low ,epO9 1902 1866 1908/1879 )ecO9 1914 1872 1918/1880 i/lar 10 1911 1868 1915/1879 i/lay 10 1909 1867 1911/1880 lOFFEE (US$/tonne) Close Pev High/Low iepO9 1335 1316 1343/1313 Mov09 1357 1341 1364/1336 Ian 10 1378 1362 1386/1359 SUGAR (US tonne) White Close Prev High/Low72 words
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2248 2009-08-27 22 BONDS, WARRANTS EXTENDED SETTLEMENT Tel Code Company Prem Expiry Tel Last Vol Conv Exer Disc Gear- Mths Code Company Sale +or- ('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 ....3.5 1 15 3 5.14 57 2036Advance SCT Ltd W*****9 0.5 1 87 1150 14.00 12 3816#Asiasons Capital W*****7 6.5 unch2,248 words
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Page 23 Advertisements
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Advertisement3296 2009-08-27 23 THE BUSINESS TIMES Shipping Times ____V VPI B-fjffl^jfflTHWtfffffjrfWtfßlffil WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M W VV __Lla_fi jjMWrWn'f^lw'n'rff --fID 1%-Tri*\ IAIA-.I UAI I Ilirr TEL6226ISSS (14 LINES) FAX:*****163 1 __^^ll t IMiZ^^^B HUmmß M^nmESE I V\^^tt 1 WAN HAI INt__) PKLIEb {03| *****888 FAX: {03| *****288 PEN TEL:3,296 words
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Page 24 Advertisements
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Advertisement4534 2009-08-27 24 I^l SI Iflri EASTERN CAR LINER, LTD I itt«mM*'i'i:!<«'■:■ L tffSl I*—_~—l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS P^EB MJHHmjUHiIiM llllH'lMl'lllllllll^^^^M I I inKKT) I Lillinq(KT) I SIN I PKL I )KT I KUC ICD I SURA I VOY 111 [ID DiSIINAMN PCL/PHL SERVICE AMX SERVICE Connecting ECL4,534 words
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BizIT
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Article, Illustration807 2009-08-27 25 It's working with retail service providers here to help them devise and provide services, reports AMIT ROY CHOUDHURY JUNIPER Networks, which designs and sells network infrastructure, is working with Singapore companies that will provide various services over the nationwide broadband network807 words
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Article, Illustration284 2009-08-27 25 ONG BOON KIAT - ONG BOON KIAT By FASTER and leaner than its predecessor, Apple's latest computer operating system (OS) Snow Leopard will go on sale here tomorrow. Users of the Mac OS X version 10.5 Leopard in Singapore can upgrade to the new version forAFP - 284 words
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Article409 2009-08-27 25 Reuters [DUBAI] US Internet powerhouse Yahoo said on Tuesday it is acquiring Maktoob.com, one of the Arab world's largest online portals, in a bid to tap into the Arab region, making Yahoo available in Arabic. Yahoo has around 44 million users in the Middle EastReuters - 409 words
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221 2009-08-27 25 JUSTIN CHAN - JUSTIN CHAN By A TEAM from the Agency for Science, Technology and Research (A*Star) and the National University of Singapore (NUS) has beaten 35 international competitors to clinch first place in an image -re cognition competition held in Athens, Greece. The event Document Image221 words
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Page 25 Advertisements
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Advertisement62 2009-08-27 25 Call 6-594 7594 now for the IT Specialists Stone Forest IT SssssS |||a SB www.StoneForestlT.com.sg Partner jgg^^ Cj mi EhH I ac,i M Partner I ▼g£g* j Advantage 111 J^ j IL f v^^B^ iVJ I I I Lw J L I■ f l 111 Vj vi k^^ ■—I x62 words
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PROPERTY
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1106 2009-08-27 26 NYT Considering it a prime buying opportunity, some cash-rich investors are entering the market [CANTON, Massachusetts] This year, US commercial property sales are down by about 90 per cent from their peak in 2007, but a handful of cash-rich investors see this troubled marketNYT - 1,106 words
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264 2009-08-27 27 Bernama [KUALA LUMPUR] The operator of Regency Hotel, Regency International Hotel Incorporated Sdn Bhd is planning to expand its hotel network into London, New York, Bangkok, Jakarta and Istanbul, said executive chairman Matshah Safuan. "We are still looking at it. It depends on the propertyBernama - 264 words
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361 2009-08-27 27 UMA SHANKARI - UMA SHANKARI They are to be sold together as the land is yet to be divided into 2 titles By [SINGAPORE] Two good class bungalows (GCBs) at Queen Astrid Park will be auctioned together by TM Asia Life Singapore as part361 words
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444 2009-08-27 28 Bernama They must also produce certificate guaranteeing their apartments' quality [BEIJING] Two months after an under-construction residential high-rise toppled over in the city's Minhang district, developers are being ordered to carry out mandatory safety checks in future on all newlyBernama - 444 words
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208 2009-08-27 28 Bloomberg [LONDON] Property investor Simon Halabi's UK advisory company has gone into liquidation, six weeks after his family trust was asked to immediately repay bonds valued at £1.15 billion (553.53 billion). Buckingham Securities Holdings pic, which advises the company on property investments, had a– Bloomberg - 208 words
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Article, Illustration366 2009-08-27 29 Bernama [KUALA LUMPUR] OSK Research is upgrading its recommendation on property sector to neutral from underweight in view of the possibility of certain investors having already bought into 2010 valuations. "Despite the upgrade, we still believe that a moderate correction in property stock prices– Bernama; AFP - 366 words
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453 2009-08-27 29 EMILYN YAP - EMILYN YAP Acquisition, IPO activities unlikely to recover to pre-slump levels in near future By points yesterday to close at 503.39. "General improvement in the credit market, government support for the re- financing of J-Reits (Japan Reits) and successful rights issues for453 words
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216 2009-08-27 29 [SINGAPORE] Property fund manager LaSalle Investment Management said yesterday that its global CEO Jeff Jacobson will relocate to Singapore from Jan 1 next year because he wants to base himself in the world's fastest-growing region. "Asia is an increasingly important part of our216 words
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Advertisement1669 2009-08-27 26 m IB 7annnHb B i '1 I broughtlD)«xjljySFHNewMedHPteLtd U M A m m m Q^^ HE OO\ /ill O HOW Download software by SMS-mg the word 'zap" to ***** (post-paid! HBHa| V 111^5 or 9741-9401 (pre-paid). Zap the colour code found in the Savills advertisement. I^^J ■|L|L! LH TWflrrTn?l!^ PR^1,669 words
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Page 27 Advertisements
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Advertisement82 2009-08-27 27 ffTJff Admission _j SIM MANSIONS ENBLOC TENDER 46/48/50/A/B/C Lorong 29 Geylang, Singapore Land area: *****5f L N. Tenure: Freehold 4. \X Zoning: Residential PR 2.8 Ny Location: Facing Sims Avenue t-^ Existing Development: 6 12 units walk up flats Collection of Tender Tan &Au LLP Documents: 10 Anson Road #20-1682 words
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Advertisement25 2009-08-27 27 HypKtMHH IH'j^^ '^&C~~^i^\ fc~**rS V* H^V^^l y# PINES Hv OF SEC SCHOOL TANGLIN© V^ '(O^^^^ I 1 J I 3 1 I MARRIOT bJ THE25 words
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Page 28 Advertisements
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Advertisement450 2009-08-27 28 Chelsea Octavia House River Imperial Landscaped Parkland Kingfe Road I The Boulevard Chelsea ThamfiG Crescent Kensington Harbour ■BHHHHIPH Octavia House is the final phase of 24 hour security and concierge with private B^wSlffi apartments at Imperial Wharf one of secure underground parking*** London's most prestigious River Thames On site gymnasium,450 words
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Advertisement386 2009-08-27 28 A'FLUENCE PROFESSIONALS MM"J PTELTD eunos Residential Zone Plot Ratio 1.4 (Master Plan 2008) Site Area: Approximate 28,031.34 sq. ft. tf& >£ Prime Freehold Residential Site EfIST Approximately 600 m to Eunos MRT o c^ -sir elegance o Near Parkway Parade East Coast Parkway subject "*<> Close proximity to Reputable Schools386 words
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Advertisement157 2009-08-27 29 PRIME ORCHARD AREA COMMERCIAL SPACE nomu Handy Road avant-garde double-storey commercial spaces contemporary architecture by award-winning WOHA wide street frontage, opposite Dhoby Ghaut MRT only 2 units NLA 127 582 sq m. (sale lease) exclusive private lift lobby, parking, alfresco terraces ideal for showroom retail exquisite offices P.S. modem contemporary157 words
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Advertisement448 2009-08-27 29 TERRACE FACTORY FOR SALE Tuas South Aye 1,3 4 Limited Units 23 units single storey strata terrace factory with mezzanine office Unit range from 4,2605q ft -11,000sq ft High Ceiling: 8m Floor load: 12.5kN URA 60 years leasehold from Oct 2000 No land rent payable TOP expected end 2009 or448 words
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Advertisement359 2009-08-27 29 Freehold Landed Housing Sites For Sale HH payalebar^i Cranboiiie Road DUNMAN ROAD Site Area 991.6 sqm Hif SESS^a (approx 10,673 sqft) 3EVLAN3 [WAREHAM ROAD 'MP 2008 zoning —PTI Tan J°n9 2 Storey Bungalows |XV m Gi^ soh Approved for 4 strata detached rollil co houses ThS*!? m hilS sS 18359 words
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Advertisement308 2009-08-27 30 y^^f China Environment Ltd Congratulations on a Successful Listing on SGX Mainboard 27 August 2009 J^mttPw^ WmS& Stiffs China Environment Ltd. (Formerly Gates Electronics Limited) Established in 2003 and headquartered in Longyan City, Fujian Province, China technology that is built internally and in-house capabilities from R&D to Engineering, Environment Ltd.308 words
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