The Business Times, 1 September 2009

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Total Pages: 36
1 36 The Business Times
  • 21 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S f_l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Tuesday, September 1,2009
    21 words
  • 702 1  -  SAMUEL EE Full probe into claims that Renault driver spun out to help team-mate win By [SINGAPORE] Hell hath no fury like a woman scorned or, it seems, a struggling Fl driver unceremoniously dumped by his team. One of them has plunged
    FILE PHOTO  -  702 words
  • 906 1  -  EMILYN YAP Sharp cuts for commercial DC rates at Raffles Place; no change for landed residential, industrial uses By [SINGAPORE] The government has again trimmed development charge (DC) rates for some sites though the cuts on average are smaller than those made
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  • MARKETS DIGEST
    • 46 1 Monday Change KL COMP Closed NIKKEI 225 10,492.53 -41.61 HANG SENG 19,724.19 -374.43 SET INDEX 653.25 -3.73 JAKARTA COMP 2,341.53 -35.71 MANILA COMP Closed SEOUL COMP 1,591.85 -16.09 SHENZHENB 469.18 -24.91 MUMBAI IND 15,666.64 -255.70 12 noon EDT Change DOW 9,459.10 -85.25 NASDAQ 2,003.81 -24.97
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    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.448 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:
      Bloomberg  -  29 words
    • 49 1 USS S$ US$ (S$ per US$) 1.442 (US$/S$ ier 1.620 2.337 EURO (USS/SS/E) 1.428 2.059 Foreign currency per US$ S$ YEN 92.80 64.30 RM 3.522 2.442 HK$ 7.751 5.374 BAHT 34.02 23.58 RUPIAH 10,090 6,996 RENMINBI 6.831 4.736 INDIAN RUPEE 48.91 33.91 A$ 1.194 0.828 NZ$ 1.466 1.016
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  • Page 1 Advertisements
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  • Page 1 Miscellaneous
    • 36 1 JBjgl PROPERTY APEA2OO9 SPORE STOCKS SME Inc Six floors of office 44 local entrepreneurs Market cap dips Grace under changing hands honoured in August pressure Sjj m PAGE 36 PAGES 19-27 PAGE 2 PAGE 10 J*W
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  • TOP STORIES
    • 558 2  -  TEH SHINING Shares gain 44%; Spice Global's Modi says one goal is to ensure dividends By [SINGAPORE] Mediaßing's share price surged 44.4 per cent yesterday, following news of Spice Global's purchase of a significant stake in the local internet telephony company for about $60
      558 words
    • 573 2  -  JOYCE HOOI Bank hopes to reel in customers with mobile squad, high interest rates By [SINGAPORE] In Singapore, where CIMB Bank Singapore stands a David amongst the local Goliaths of retail banking, the Malaysian banking group is carefully loading its slingshot and taking
      FILE PHOTO  -  573 words
    • THREE-MINUTE DIGEST
      • 57 2 THE government has again trimmed development charge rates for some sites though the cuts on average are smaller than those made six months ago. Some industry watchers felt that the continued cuts reflect the government's caution in dealing with the property market
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      • 84 2 A STRUGGLING Fl driver unceremoniously dumped by his team has plunged the racing world into a new cheating crisis with suggestions that he was ordered to crash his car to help a team-mate win at last year's inaugural Singapore Grand Prix. The
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      • 51 2 MEDIARING'S share price surged 44.4 per cent yesterday, following news of Spice Global's purchase of a significant stake in the local Internet telephony company for about $60 million. Spice Global is chaired by the flamboyant Indian telecom tycoon Bhupendra Kumar Modi. TOP STORIES, PAGE
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      • 48 2 CONSTRUCTION company Koh Brothers Group has clinched a $58.9 million contract from the Housing and Development Board to build the second part of Punggol Waterway. The latest contract brings Koh Brothers' order book to more than $579 million. COMPANY NEWS, PAGE 4
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      • 54 2 GLOBAL equities are at the early stage of a three-to-five-year bull market, said Kerry Series, head of Asia Pacific Equities at AMP Capital Investors. Mr Series noted that Asian stocks could outperform on the back of stronger earnings growth and investor demand.
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      • 65 2 BANK lending eased in July, reversing a modest increase in the previous two months, as a drop in building and construction loans ate into a continued rise in consumer housing loans. But economists say that the drop in loans for construction is
        65 words
      • 40 2 JAPAN'S industrial output grew for a fifth month in July as global stimulus spending boosted export demand and manufacturers forecast the sector would gain momentum through the quarter. ECONOMY WATCH, PAGE 13
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      • 68 2 CHINA shares dived 6.7 per cent yesterday to a three-month closing low and recorded its second-biggest monthly loss in 15 years, after surging stock valuations overwhelmed improvements in corporate earnings while new share supplies compounded a drop in liquidity. Hong Kong stocks followed
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      • 87 2 IN a deal that could help benchmark office values in the Raffles Place area and smooth the way for more office investment transactions, a property fund is said to be selling six floors at Prudential Tower for about $1,550 per square foot or
        87 words
    • 764 2  -  CONRAD TAN Small dip is first decline since February By [SINGAPORE] The market capitalisation of Singaporelisted companies eased less than one per cent to $617.6 billion during August, as heavyweight blue chips lost value even while many smaller firms in the
      764 words
    • 566 2 -AP Govt spending cushions global downturn but drought poses threat [MUMBAI] India's economy picked up pace in the latest quarter as government spending helped to overcome the worst of the global downturn but drought threatens to stall the recovery. Growth in gross domestic
      -AP  -  566 words
    • 871 3  -  ANTHONY ROWLEY Hatoyama likely to name full Cabinet in mid-Sept when Parliament convenes By in Tokyo YUKIO Hatoyama, who is expected to become Japan's next prime minister after his Democratic Party of Japan (DPJ) won a landslide victory in Japan's general
      871 words
    • 624 3  -  CHEW XIANG Expert in Pheim case testifies on just what constitutes a genuine trade By [SINGAPORE] A genuine trade in shares requires both genuine demand and genuine execution, the High Court was told yesterday. Fund manager Tan Chong Koay and his
      624 words
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  • Page 3 Advertisements
    • 119 3 .<**>€>!) •"*>«>© ~"*>O O MXp g(M@ MS© Awards for Awards for Awaros for excellences-.^/ excellence^-, v excellence t,*/ Best Global Best Global Debt Transaction Banking Best Global Bank House House r?nn —nmnnni v ih-Y^^rfc'^n. ASiAMONEY excellence, A-/ -4 I l^^l EUROWEEKASIA AWARDS Structured Interest Rate Products Best at Risk Best
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  • COMPANY NEWS
    • 329 4  -  FELDA CHAY Firm will pursue public infrastructure and govt building contracts, says CEO By CONSTRUCTION company Koh Brothers Group has clinched a $58.9 million contract from the Housing and Development Board (HDB) to build the second part of Punggol Waterway a 4.2 km waterway
      FILE PHOTO  -  329 words
    • 316 4 LISTED maritime sector companies will get a boost with the launch of the new FTSE ST Maritime Index today by Singapore Press Holdings, Singapore Exchange (SGX) and FTSE Group. The index, an extension of the FTSE ST Index series, comprises 12 companies
      316 words
    • 273 4  -  LYNETTE KHOO Deal within indicative price; asset to be held in business trust By KEPPEL Corporation's environmental solutions unit Keppel Integrated Engineering (KIE) has completed the acquisition of Senoko Incineration Plant (SIP) from the government. The deal was done within the indicative price of
      273 words
    • 417 4 DESPITE rebounding from a sluggish third quarter, precision tools maker Mi-cro-Mechanics Holdings stayed in the red for the fourth quarter ended June 30 with a net loss of $0.33 million. The loss reversed a net profit of $1.73 million for the year-ago quarter,
      417 words
    • 423 4 Revenue falls 18% due to reduction in capacity days STAR Cruises narrowed its net loss to US$4O.9 million for the six months ended June 30 from U5549.4 million for the previous corresponding period. The loss attributable to equity-holders was lower despite a
      423 words
    • 602 5  -  LYNETTE KHOO Singapore expected to benefit from its direct domestic plays, says AMPCI By GLOBAL equities are at the early stage of a three-to-five-year bull market, said Kerry Series, head of Asia Pacific Equities at AMP Capital Investors (AMPCI). Mr Series, who
      602 words
    • 312 5  -  By JAMIE LEE SEMICONDUCTOR equipment maker Manufacturing Integration Technology (MIT) has expanded into the renewable energy sector by producing laser scribers used to make solar panels. The company is in "detailed discussions" with several solar panel makers in Asia and expects
      312 words
    • 259 5 MATURITY YEAR RAISED COUPON DATE RATE (%p.a.) AMOUNT ($m) INTEREST PAYMENT DATES NUMBER OF DAYS OF ACCRUED INTEREST CLOSING PRICES* (EXCLUDING ACCRUED INTEREST) GROSS REDEMPTION ISIN CODE YIELD p.a.) 01.10.2009 N*****0Z 2004 2 3/8 3900.00 1/4 1/10 152 100.14 0.71 SG**********
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    • 813 7  - China's growth economic or accounting miracle? R SIVANITHY BY now, most investors would be familiar with the China growth story possibly 10 per cent GDP growth which has powered the country's stock markets' rise of more than 80 per cent this year alone. Even though there has been the occasional
      813 words
    • COMPANY BRIEFS
      • 66 7 CELESTIAL Nutrifoods said it is working with bondholders to appoint a reputable firm of independent financial advisers (IFAs) to review its financial position. This is aimed at finding an amicable solution to fulfil its obligations to bondholders. It had earlier in June appointed Merrill Lynch
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      • 88 7 HARTAWAN Holdings and Centillion Environment Recycling have both recorded pre-tax losses for the three most recently completed consecutive financial years. Both companies yesterday issued statements drawing investors' attention to the Singapore Exchange (SGX) listing rule which states that a company is placed on the watch-list
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      • 76 7 GALLANT Venture yesterday said that its subsidiary PT Buana Megawisatama (PT BMW has received sale orders for 86 land plots in Bintan, with a total sale value of $67.06 miUion. PT BMW received non-refundable deposits of between 10 and 20 per cent
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      • 114 7 CHINA Kunda yesterday issued a statement to clarify that the memorandum of understanding (MOU) it signed earlier to invest in SXD is non-binding. Based on its current understanding of SXD's business, China Kunda said that it does not expect the acquisition to have a
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      • 72 7 HEALTHWAY Medical Corp yesterday announced a new substantial shareholder. Chee Yin Meh now has a substantial deemed stake of 24.1 per cent in Healthway. She has deemed interest in 231 million Healthway shares held by One Organisation Limited (OOL), by virtue of her acquiring a
        72 words
      • 96 7 ABTERRA yesterday said that its wholly owned subsidiary, PT Abterra Resources Indonesia, has entered into a sales and purchase agreement to acquire an iron ore operation in southern and south-eastern Kalimantan for US$7.3 million. This is expected to expand its iron ore capacity
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      • 46 7 DBS Group Holdings yesterday announced that its non-executive director Wong Ngit Liong, 67, has stepped down to "pursue and devote more time to broader commitments in the fields of education, entrepreneurship development and internationalisation, as well as technology and business development".
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      • 54 7 SINGAPORE Exchange has given its in-principle approval for the proposed delisting of Keppel Land's unit Evergro Properties and the listing and quotation of up to 26,513,598 new Keppel Land shares relating to the proposed exit offer. The delisting is subject to the
        54 words
  • Page 4 Advertisements
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      859 words
    • 103 4 BUILD UP TO 50 FREEHOLD APARTMENTS Land Sale between Bukit Timah Orchard Rd Approximately 20,000 sq ft land Dhoby Ghaut/Little India MRT Hillside Site/Near Civic District Plot Ratio 2.1-build 5 storeys www.isabelredrup.com Call 6222 5055 Strictly No Agents y TERRACE FACTORY FOR SALE TuasSouthAvel,3&4 Limited Units B i BEi'ii i
      103 words

  • Page 5 Advertisements
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      92 words

  • SINGAPORE MARKETS
    • 590 6  -  R SIVANITHY STOCKS It is mainly penny stocks and second liners that gain from any buying of the dips MONDAY'S column recommended buying the dips but selling into strength, largely because of an unconvincing Wall Street that has looked vulnerable in recent sessions despite
      I loom berg  -  590 words
    • 96 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 114 0 0 0 3 114 lanufacturing 39 112 49 19 44 120 68 Commerce 10 41 22 10 47 27 'pt/Stor/Comms 26 28 10 :inance 19 19 Construction 17 19 'roperties 28 13 28
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    • 117 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 35,478 35,478 81,650 81,650 lanufacturing 723,022 58,235 781,257 456,203 2,980 459,183 lommerce 276,191 21,038 297,229 126,177 9,524 135,700 'pt/Stor/Comms 193,689 1,404 195,093 283,129 279 283,409 :i nance 54,729 54,729 332,407 332,407 lonstruction 133,047 40,957 174,004 29,671 1,129 30,800 'roperties
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    • 104 6 lapitaLand 3.710 -0.050 lapitaMall 1.630 -0.050 jtyDev 9.940 -0.400 lomfortDelGrc 1.550 -0.020 losco Corp 1.250 -0.020 IBS Grp 12.640 -0.260 :&N 3.850 -0.150 ienting SP 1.010 -0.010 iolden Agri 0.475 -0.005 IK Land 4.070 +0.040 IMH 29.000 +0.840 ISH 16.560 +0.360 lardineC&C 23.200 -0.800 Ceppel Corp
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    • 253 6  -  JAMIE LEE Real estate investment trusts (Reits) CIMB-GK SECURITIES, Aug 31 SINCE January 2009, S-Reits have made cash calls amounting close to Ss4 billion, mostly to pare down maturing debt. We expect equity raising to continue, driven by acquisitions and potential asset devaluation. Frasers Centrepoint Trust and Capita
      253 words
    • 299 6  -  KEN TAI CHART POINT AS investors continue to grapple between conflicting data points, the Straits Times Index remains trapped between the 2,520 and 2,700 trading range despite closing 98 points higher last week. The divergence of views presents a stark contrast for market sentiment.
      Bloomberg  -  299 words
    • 540 6 Reuters CURRENCIES [LONDON] The yen rose broadly yesterday, hitting a seven-week high against the dollar, buoyed by a decisive result for the opposition in Japanese elections and as falls in equities and oil prices stoked risk aversion. Sunday's landslide win
      Reuters; REUTERS  -  540 words
    • 4 6 DAILY
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    • 59 6 Aug 31 VALUE CLOSE IT OB/OS 650.00 +96.0C IT CADI -*****.00-257.0i IT 10-day MA -*****.00+65.01 TSE ST Mid Cap 595.14 -8.8! TSE ST Small Cap 541.58 -14.4! TSE ST All Share 638.17 -12.0 TSE ST China Top 278.33 -4.3: TSE ST China 277.61 -5.0: TSE ST Catalist
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    • 56 6 VOLUME China Honqxinq 128,557,000 Mediaßinq 116,609,000 Sinotel Tech 111,769,000 Diqiland 96,488,000 Golden Agri 73,414,000 Gentinq SP 61,281,000 AusGroup 49,742,000 UniFiber 48,127,000 Infinio 46,392,000 ChinaZaino 45,233,000 VALUE(S) Wilmar 206,895,474 OCBC Bk 104,494,938 DBS Grp 89,190,120 Sing Tel 87,298,690 Capita Land 69,753,220 Gentinq SP 61,719,875 UOB 58,250,856 Ezra 57,800,970
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    • 103 6 CLOSE UP 2900 121.1 3.0 IMH iBXT S&P Short 10US$ 6037 67.8 0.: LD 10US$ 9374 51.9 0.. ISH 1656 51.9 2., >sia Pac Brew 1200 20.0 1. iBS Bk6% NCPS 10 ***** 20.0 0., filmar 654 13.0 2: lain 570 11.5 1.. linotel Tech 53 9.0 20. lediaRini
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    • 116 6 CLOSE DOWN DBXT Ni 10US$ 9608-132.6 -0.9 DBXT FTChina25 10US$ 2788 -80.7 -2.0 lardine C&C 2320 -80.0 -3.3 DBXT MSKorea 10US$ 4066 -64.9 -1.1 DBXT MSEuroi 10US$ 3999 -62.0 -1.1 ICBC Bk 774 -46.0 -5.6 DBXTDJE50 10US$ 4134 -43.3 -0.7 At 994 -40.0 -3.9 ilA 1286 -40.0 -3.0 China
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    • 85 6 Wh lere S! stands Aug 31 CHNG CLOSE FRAug28 YR2009 S$ LOW S$ HIGH uss 1.4426 -0.07 1.5579 1.4308 Euro 2.0616 0.30 2.0732 1.9150 Pounds 2.3382 0.29 2.4366 2.0356 1.2103 -0.14 1.2171 0.9453 ren* 1.5512 -0.57 1.7278 1.4831 Rupiah* 0.***** 0.25 0.***** 0.***** Baht* 4.2417 -0.04 4.3390 4.1040 Peso*
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  • Page 6 Advertisements
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  • Page 7 Advertisements
    • 12 7 CATS Recruit The first step on your ladaer to success o < <: o
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    • 154 7 EisiM LI UNIVERSITY Hake a Difference to Your Life and Career i at the General Studies Programme A Gain new insights and different perspectives. Design an M individualised curriculum to meet your career needs and M personal interests. Choose from our wide and varied range of 200 courses offered by
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  • SINGAPORE NEWS
    • 541 8  -  CONRAD TAN Consumer loans rise despite drag from building and construction loans By BANK lending eased in July, reversing a modest increase in the previous two months, as a drop in building and construction loans ate into a continued rise in consumer
      541 words
    • 173 8 Reuters [ZURICH] Swiss drugmaker Roche and drugs industry supplier Lonza said yesterday that Roche subsidiary Genentech Singapore will buy Lonza's cell culture biologic manufacturing facility in Singapore. The purchase price of the facility, which will be merged with Genentech Singapore's existing biologic manufacturing plant,
      – Reuters  -  173 words
    • 354 8  -  TEH SHINING But it will mean competition for investments, jobs By THE outlook for Singapore's wafer fabrication industry is encouraging, but recovery will be accompanied by "keen and heated competition for investments and jobs" which means local workers have to upgrade, labour chief Lim
      354 words
    • 373 8  -  FELDA CHAY By companies surveyed, cash was the most important reward strategy, while benefits ranked a close second at 57 per cent. Part of the reason why companies are looking to plump up their benefits packages is because 50 per cent of them
      373 words
    • 111 8 OCBC Bank's Bangkok branch has become the first Singapore bank to hold its centennial celebrations to mark 100 years in Thailand. Bank of Thailand governor Tarisa Watanagase and Singapore Ambassador to Thailand Peter Chan were guests of honour at the celebratory dinner last
      111 words
    • 203 8 THE Housing and Development Board yesterday launched Punggol Spectra under the build-to-order (BTO) system, following strong interest in the recent BTO project, Punggol Residences. Punggol Spectra will offer 1,142 units, comprising 301 with two rooms, 285 units of three rooms and 556 with four rooms.
      203 words
    • 267 8  -  JAMIE LEE By THE Government of Singapore Investment Corporation (GIC) has appointed top representatives in Europe and America to build networks and seek investment opportunities. Under newly created titles, deputy president of GIC asset management Lim Chow Kiat will be president (Europe), while
      267 words
    • SINGAPORE ROUNDUP
      • 62 8 ELECTRONIC payments provider NETS yesterday appointed Ching Wei Hong, chief financial officer and head of group operations and technology at OCBC Bank, as its new chairman. He replaces DBS consumer banking group head Rajan Raju, as OCBC assumes chairmanship of NETS for three
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      • 41 8 INSURANCE group Aviva said yesterday that it will not renew its sponsorship of the Aviva Open Singapore badminton series but will continue its support for the Aviva Ironman 70.3 Singapore event for another three years until 2012.
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  • Page 9 Advertisements
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  • SMEInc
    • 1232 10 Gracezone's greatest strength is its immovable commitment to its partners, write CHEW LUSHENG GRACE, KIA JIE HUI and YEO ZHIWEI DESPITE the increasing trend to outsource manufacturing services to Asia and widespread use of the Internet for online sourcing and procurement, an agile and adaptive supply chain
      JOHN HENG  -  1,232 words
    • 1101 10 It is now more methodical in its approach to competing, winning and delivering services, report CAO YE, WU BIN and XU KE UR name OPUS is derived from two words: I 'opportunity' and 'us. It reflects our ability to
      ARTHUR LEE  -  1,101 words
    • 1111 11 Social networking tools like Facebook and You Tube are gaining traction among SMEs that are starting to use them to support business operations like customer engagement, market research and even recruitment A STUDY by British company Fasthosts Internet shows the use of
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    • 886 12 THIS WEEK'S TOPIC What is your opinion on the declaration by major world economies that the worst global recession is over? Are you seeing or expecting rising orders flowing up until or beyond Christmas? Fong Loo Fern Managing Director CYC The Custom Shop STOCKS and property
      YEN MENG JIIN  -  886 words
    • 631 12  -  BRANDON CHEW Risk management, cashflow, other advice will help them grow By SMALL and medium enterprises (SMEs) looking to capitalise on growth opportunities during the recession would do well to enlist outside help. Several auditing professionals from the Big Four firms reckon
      631 words
    • 398 12  -  TEH HOOI LING By OUR small cap portfolio outpaced the Straits Times Index (STI) for the fourth consecutive week. In the five trading days to yesterday, our portfolio put on 1.9 per cent. In comparison, the STI slid by 0.3 per cent. Among the top
      398 words
  • Page 10 Advertisements
    • 69 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. Gracezone Marketing and OPUS IT Services were among the E5O winners in 2008. The annual E5O ranking is co-organised by
      69 words

  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 26 12 Call 6-594 7594 now for the IT Specialists Fnrpd" IT Microsoft wmmm gggrg OLUI IC lUI COL I I GOLD CERTIFIED Ejfil IPIiMI www.StoneForestlT.com.sg Partner [gZ3^P
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  • Page 12 Miscellaneous
    • 118 12 SME The topic for next week's SME Voices Column is: "The labour movement recently declared that it is embarking on a new battle to raise the productivity level of companies in Singapore. What do you think companies here can do to achieve that? What is your company doing to work
      118 words

  • ECONOMY WATCH
    • 441 13 -Reuters Export demand up from global stimulus spending; output rises 1.9% in July [TOKYO] Japan's industrial output grew for a fifth month in July as global stimulus spending boosted export demand and manufacturers forecast the sector would gain momentum through the quarter.
      -Reuters; REUTERS  -  441 words
    • 369 13 Reuters [SEOUL] South Korean industrial output in July beat market expectations to post its first annual growth in 10 months, sending bond futures lower by strengthening the case for an interest rate increase soon. The industrial output index which measures
      Reuters  -  369 words
    • 875 13  -  KEVIN HASSETT Calls for a new world currency to replace the battered dollar have never been louder By you might think. An alternative to the dollar clearly has a promising market that can develop even if it is opposed by the US. And
      FILE PHOTO  -  875 words
    • 700 13 NYT Eight of the biggest banks repay fully obligations to govt [NEW YORK] Nearly a year after the federal rescue of the United States' biggest banks, taxpayers have begun seeing profits from the hundreds of billions of dollars in aid that many
      NYT  -  700 words
    • 442 13 Bloomberg [BANGKOK] Thailand is studying a possible currency swap agreement with China that would make it easier for exporters to settle some of their trade in the two currencies, Bank of Thailand deputy governor Atchana Waiquamdee said. There is no "formal" discussion
      Bloomberg  -  442 words

  • MALAYSIA/INDONESIA
    • 445 14 He warns that Malaysians 'can lose it all if we are not careful' [KUALA LUMPUR] Malaysia's premier made a plea for unity in the multi-cultu-ral nation yesterday, as celebrations to mark its independence anniversary were marred by fresh racial and religious rows.
      XINHUA  -  445 words
    • 731 14 Reuters Move seen putting downward pressure on bond yields [JAKARTA] Indonesia's central bank is pushing the country's biggest lenders to slash deposit rates which would encourage a switch into bonds, cut overall borrowing costs and spur growth in South-east Asia's biggest economy. Bank Indonesia caught the
      Reuters  -  731 words
    • 280 14 [JAKARTA] PT Adaro Energy Tbk, Indonesia's No 2 coal producer by market value, increased secondquarter net profit sevenfold to 1.1 trillion rupiah (*****.9 million), Reuters calculations showed. Adaro, which listed on Indonesia's stock exchange last year and has a market capitalisation of
      -Reuters, Bloomberg  -  280 words
    • 310 14 Reuters [JAKARTA] Indonesia's food and beverage firms are facing a sugar shortage of around 200,000 tonnes amid slow deliveries from refiners, an industry official said yesterday. "Many sugar-buying contracts have not been delivered," said Suroso Natakusumah, who chairs an association of food and
      Reuters  -  310 words
    • 460 14 Bloomberg [SINGAPORE] Indonesia's Jakarta Composite Index, the world's third-best performer this year, may rise 13 per cent by the end of 2010, helped by growth and stability that was last seen more than a decade ago, Credit Suisse Group AG said yesterday. The brokerage raised
      Bloomberg  -  460 words
    • 276 14 Reuters [JAKARTA] Indonesia has again postponed the introduction of a new trade regulation covering payment for exports by two months to Nov 1 after exporters opposed the plan, the trade minister said yesterday. "Exporters, however, are required to report their export activities," Mari Pangestu told
      – Reuters  -  276 words
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  • GREATER CHINA/INDIA
    • 706 15 Reuters Sentiment weak as surging valuations beat improvements in corporate profits [SHANGHAI] China shares dived 6.7 per cent yesterday to a three-month closing low and recorded its second-biggest monthly loss in 15 years, after surging stock valuations overwhelmed improvements in corporate earnings while
      Reuters; REUTERS  -  706 words
    • 450 15 Reuters State agency says it will improve returns on its reserves [BEIJING] China is aiming to improve the long-term returns on its US$2.l3 trillion in official currency reserves, the largest stockpile in the world, the foreign exchange regulator said yesterday. The State Administration of Foreign
      – Reuters  -  450 words
    • 276 15 Reuters [SHANGHAI] Chinese fund managers reduced their recommended allocation to equities for the first time in six months, on concerns that a possible liquidity tightening may sap demand for stocks, the latest monthly Reuters poll of fund managers shows. Average weightings for
      Reuters  -  276 words
    • 268 15 Reuters [MUMBAI] India yesterday kicked off trading in interest rates futures, giving market participants such as banks or companies to hedge against rate risks. More than 12,000 March and December contracts, worth about US$4.9 million, were traded in the first three hours on the
      Reuters  -  268 words
    • 365 15 [BEIJING] A weekend report that Chinese stateowned enterprises (SOEs) will be allowed to default on commodity derivative contracts provoked anger and dismay among investment banks yesterday as they feared a damaging precedent. China's SOE regulator, the State-owned Assets Supervision and Administration
      Reuters  -  365 words
    • 805 15 Reuters [NEW DELHI] Just as India's sugar, soya bean and rice farmers begin to breathe easier as the worst monsoon in nearly four decades winds down on a less sombre note, those planning to grow winter wheat are bracing themselves for a serious
      – Reuters  -  805 words
  • Page 15 Advertisements
    • 348 15 RATE INCREASES ON INTRA-ASIA TRADE With cargo volumes picking up in the third quarter, intra-Asia shipping lines are seeking to turn around negative contributions on their services A meeting of senior executives in the Intra-Asia Discussion Agreement (lADA) took place in Seoul on 19 August to review market conditions and
      348 words

  • ASIA-PACIFIC/WORLD
    • 570 16 Bloomberg, Reuters Purchase gives Disney ownership of more than 5,000 Marvel characters [NEW YORK] Walt Disney Co agreed to buy Marvel Entertainment Inc for about US$4 billion in cash and stock, adding comic-book characters Iron Man and Spider Man to Disney's
      Bloomberg, Reuters  -  570 words
    • 915 16  -  STEVE SLATER COMMENTARY By WHILE last weekend's Belgian Grand Prix certainly gave us an exciting race, it also highlighted a major and potentially lethal flaw in the Formula One rulebook. You may remember that the FIA introduced a ban on in-sea-son testing at the beginning of this
      AP  -  915 words
    • 303 16 AFP [PARIS] The fight against tax evasion has made big strides in recent months as several governments agreed to share banking information under pressure from the OECD, the economic grouping said yesterday. The Organisation for Economic Cooperation and Development (OECD) said that all
      AFP  -  303 words
    • 582 16  -  NEIL BEHRMANN Prisoners' swap part of £15b oil, business deals, papers reveal By in London AFTER weeks of denials, the British government has admitted that it surrendered to Libyan demands to include the convicted terrorist Lockerbie bomber in a prisoner transfer deal.
      582 words
    • 159 16 Bloomberg [MELBOURNE] Police are continuing to search for Victorian Water Minister Tim Holding, 37, who went missing on Sunday while hiking in the alpine region of the southeastern Australian state. Mr Holding didn't return from the hike as planned by 4pm Sydney time on Sunday
      Bloomberg  -  159 words
    • 291 16 AFP [LOS ANGELES] Wildfires killed two firefighters and turned hills around Los Angeles into fiery orange infernos, threatening thousands of homes. The two died south of the town of Acton when their vehicle went off the road and rolled down a mountain
      AFP  -  291 words

  • WORLD
    • 627 17 Reuters Ballooning budget deficit causing alarm among business economists, who want govt to cut spending [WASHINGTON] The US economy does not need a second fiscal stimulus package, instead the government should cut spending over the next two years, according to a
      Reuters; USA TODAY  -  627 words
    • 714 17  -  DAVID PAULY Bloomberg NEWS COMMENTARY Speculators are behind the fivefold rise in AlG's shares in just two months By [NEW YORK] THE company that almost shattered the world financial system with its reckless sale of credit default swaps has suddenly become a stock market
      Bloomberg; REUTERS  -  714 words
    • 493 17 -NYT [NEW YORK] The judge waves you into his chambers in the state Supreme Court building in Brooklyn, past the caveat taped to his wall "Be sure brain in gear before engaging mouth" and into his inner office, where foreclosure motions are
      -NYT  -  493 words
    • 417 17 NYT [WASHINGTON] Former vice-president Dick Cheney on Sunday sharply criticised the Obama administration's decision to investigate the abuse of prisoners held by the Central Intelligence Agency (CIA) as he delivered a forceful defence of the full range of interrogation techniques used by intelligence
      NYT  -  417 words
    • 302 17 AP [STOCKHOLM] Ikea, the Swedish furniture chain, said on Sunday that it never expected such a backlash after switching typeface in its latest catalogue. The company's decision to make its first such font change in 50 years from the iconic Futura typeface
      AP  -  302 words

  • AVIATION/SHIPPING
    • 651 18  -  YEN SREENIVASAN COMMENTARY LCCs allow travellers to save cash and spend while on holiday By RESPONDENTS to a recent survey Down Under voted Tiger Airways Australia the least favourite airline, with Qantas-control-led Jetstar not far behind. On the other hand, full-service Singapore
      FILE PHOTO  -  651 words
    • 243 18  -  VINCENT WEE By [SINGAPORE] Attacks on vessels in the vicinity of Pulau Nipa continue, with the attempted boarding of the Cyprus-registered bulk carrier Good Luck on Sunday. According to the ReCAAP Information Sharing Centre five men armed with two machineguns
      243 words
    • 1074 18 Bloomberg [LONDON] Just as global trade starts to recover, the shipping market is crashing for the second time in a year as China reduces raw-material imports and record numbers of new vessels set sail. The rate for leasing capesize ships, boats three
      Bloomberg  -  1,074 words
    • 312 18 Bloomberg [SHANGHAI] China Southern Airlines Co, the nation's largest carrier, posted a 97 per cent decline in first-half profit, as increased passenger numbers failed to offset a lack of currency gains. Net income dropped to 25 million yuan (555.3 million) from 818 million
      Bloomberg  -  312 words
  • Page 18 Advertisements
    • 146 18 BT/ZUJI Deals of the Week DEAL OFTHE WEEK ECONOMY CLASS (fr HOTEL (frs) BUSINESS CLASS (fr Seoul $459 $91 $1,591 China Eastern Airlines China Eastern Airlines DESTINATION ECONOMY CLASS HOTEL BUSINESS CLASS WEATHER (frs) (frs) (frs) Bangkok $276 (Thai Airways) $27 $468 (Cathay Pacific) Rainy Delhi $412 (Malaysia Airlines) $24
      146 words
  • Page 18 Miscellaneous
    • 244 18 CRYPTIC CROSSWORD Across 1 Fruit pulp oddly eaten by pri- (9) I in ii in vi r chasing heroin (9) 27 Provided care but closed on 12 Transport for mad oilman Down without a name after prison YESTERDAY'S SOLUTION 1 Assault course at sea support- sentence (,/,4) a,,—... i ci;
      244 words

  • APEA 2009
    • 984 19 This year's APEA and AREA winners took tough decisions during difficult times and are now enjoying the accolades, writes joyce hooi THE legendary business consultant, Peter Drucker, once said: "Whenever you see a successful business, someone once made a courageous decision." The winners
      984 words
    • 1076 20 lyimette khoo learns from Hi-P Int'l executive chairman Yao Hsiao Tung how he transformed his loss-making firm into a profitable one SIXTY-NINE years old and counting, Yao Hsiao Tung is still a go-getter. The executive chairman of Hi-P International has set his eyes on bringing the
      1,076 words
    • 661 22 The APEA Woman Entrepreneur of the Year award is merely another feather in Jannie Tay's already impressive cap, reports justiim chain A SELF-DESCRIBED "serial entrepreneur", Jannie Tay, executive vice-chairman of luxury watch retailer The Hour Glass, is used to being lauded for her
      i FILE PHOTO  -  661 words
    • 936 23 The key to being successful is to be on the ground as much as possible, and not take a backseat and delegate the work to others, ThaiExpress Concepts chief Ivan Lee tells lee u-wen BUDDING entrepreneurs keen to enter the lucrative but increasingly
      FILE PHOTO  -  936 words
    • 750 24 The thriving marriage with gourmet chocolate that Chocz founder Benny Chua enjoys today has been hard-won, finds rachelsim IT wasn't love at first sight, says Benny Chua, about his affair with gourmet chocolate. It was more like a love that has stemmed from
      FILE PHOTO  -  750 words
    • 1033 25 Greenpac founder Susan Chong tells jamie lee that trusting her staff has been a key factor behind the growth of her business IT is not surprising to see mothers pressed against the glass of departure lounges watching the planes take off, as the winged vehicles
      FILE PHOTO  -  1,033 words
    • 1024 26 THE next time you lean against a bookshelf at Borders or pick out lip balm at The Body Shop from a counter, you will be able to do it with the knowledge that David Low is the man behind both the bookshelf and the
      1,024 words
    • 1183 27 Atlas Sound Vision CEO Michael Tien regained his business focus after almost giving up five years ago. He shares his story with teh shi rainiG THE plasma and mirror screens, fancy sound systems and luxury furnishings at Atlas Sound Vision's newly opened premium showroom along Windstedt
      JOHN HENG  -  1,183 words
  • Page 19 Advertisements
    • 340 19 Honours list Winners of APEA 2009 and AREA 2009 RECIPIENT COMPANY AWARDS RECIPIENT COMPANY AWARDS Asia Pacific Entrepreneurship Awards 2009 Allen Lee Seng Chye Genesis Networks Pte Ltd Yao Hsiao Tung Hi-P International Ltd Entrepreneur of the Year Mark Brimblecombe i-POP Networks Pte Ltd Jason Sim Jason Parquet Specialist (S)
      340 words


  • Page 21 Advertisements
    • 471 21 Crest Capital Asia pS congratulates Alex Tan, founder APisf of Perfectus ard dtl > fir Asia Pacific J^^^ Entrepreneurship ■■W**"WH"|^ A LEADING TECHNICAL AIAfOW-lo 'HQ CONSULTANT IN MWd iQ S Uy GLOBAL EVENTS |HHL v In August 2003, Alex Tan started Perfectus AY with exponentially to be a world-class consultant
      471 words

  • Page 22 Advertisements
    • 247 22 1} nl^nSBBBil^HIMpl Strength. Performance. Passion. P Congratulations to Jason Sim Managing Director of Jason Parquet Specialists on winning the Most Promising Entrepreneurship Award Ar hAssr-— at The Asia Pacific Entrepreneurship Awards 2009 I B Jason Parquet Specialist (S) Pte Ltd (JPS) is a leading timber flooring specialist contractor in Singapore
      247 words
    • 61 22 Vl^rm^t Congratulations to our Director, Mr Geoffrey Chin VjS?\ on being awarded the Most Promising Entrepreneurship Award (C~f at the recent ceremony for Asia Pacific j^^/^^p^ Entrepreneurship Awards (APEA) 2009 2009 PHARMA PTE LTD The Shipping Pharmacy NutraCare Pharma Pte Lid The Shipping Pharmacy NutraCare Pharma Pte Ltd 3i,EngKongTerrace Singapore
      61 words

  • Page 23 Advertisements
    • 291 23 Barter sound through reseervht inM^^Sl^SSt^i^fl IBHWII LOEWE. I Our heartfelt congratulations to our CEO, Mr. Michael Tien, on being one of the esteemed winners of the Asia Pacific Entrepreneur of the Year Awards 2009. ATLAS® Sound and Vision aims to provide discerning customers with the highest standard in quality sound
      291 words

  • Page 24 Advertisements
    • 274 24 Greenpac <^T jSL l\ I-7 Ht\ ENIMHUNHJRSHIP ASIA environmental packaging luii.mum £j\J\J J ENTRIPRENEURSHIP AWARDS <ut feisty, aoiKVided t6e GREEN LEADERSHIP AWARD Asia Responsible. Entrepreneursfiip Award OUTSTANDING ENTREPRENEURSHIP AWARD Asia Pacific Entrepreneursftip Awards Greenpac believes in "Growth by Innovation" OV j_v "Innovation Is A jB Bk Necessity; and is recognised
      274 words
    • 139 24 Heartiest Congratulations to (KnSk Almond Ko, Y^-^Jb Founder CEO ofSC (Sang Choy) International, ~^\f SC Graphic Technology Pte Ltd W Sci Print Technology Institute i3 A Mtot on being awarded the f\ \-J r-f l\ INTBBPRENEUESHIP IVI rk^V\ qtm Most Promising Entrepreneurship Award £\J\J s at the Asia Pacific Entrepreneurship
      139 words

  • Page 25 Advertisements

  • Page 26 Advertisements
    • 304 26 Our heartiest congratulations to our Group Chief Executive m. Mr Allan Yeo j^ for being a winner of the Entrepreneurship <^ggc I _/~\_L J_L/VAWftBDS For over 160,000 women, Thomson Medical Centre (TMC) TMC was established in 1979 as a hospital for women and has become synonymous with a comfortable journey
      304 words
    • 205 26 S Innovations More and more, mould makers throughout MP^^^^m the world are looking to Progressive for products fef^^ that reduce mould building time and expense. W^M^-M Mat Our extensive Injection Mould program jR Meedie features exclusive innovations, as well as km maa\\\\\\\\aa^m. ■V,^. ulti mrmr m I V IBPHL standardized
      205 words

  • Page 27 Advertisements
    • 158 27 HAVING BEEN RECOGNISED BY EVERY MAJOR ADVERTISING AWARDS IN THE WORLD WE ARE NOW ALSO BEING RECOGNISED AS HAVING A HEAD FOR BUSINESS I Wr^ \m\ J/ H Ama^^^^^^^^^mmm. i®59 i«""-''-- H wMk D&AD Awards Marketing Magazine's AOTY'09 Asia Pacific Entrepreneurship Awards 2009 Spirit of Enterprise Award 2007 London International
      158 words

  • EDITORIAL & OPINION
    • 516 28 THE astonishing thing about the Democratic Party of Japan's (DPJ) landslide victory in Sunday's general election was not its dimensions but the fact that it could happen at all in Japan. For an ageing and conservative nation to cast aside the supposed safety offered by
      516 words
    • 938 28  -  GERARD LYONS Shift of economic power to the East will create huge opportunities for emerging economies By A PROFOUND change is under way in the world economy. The balance of economic and financial power is shifting from the West to the East. This
      AFP  -  938 words
    • 749 28  -  SHADA ISLAM THE BOTTOM LINE EUROPEAN Union policymakers are gearing up for an uncertain, difficult autumn. Crucially, Irish voters will cast their ballot on Oct 2 on the so-called Lisbon Treaty, the ill-fated blueprint designed to streamline EU decisionmaking which was
      749 words

  • EDITORIAL & OPINION
    • 1232 29  -  RON COLLARD Organisations must ensure their human capital strategy is aligned with business strategies in the current downturn By HOW important is it to manage human capital issues in the current downturn? Organisations must ensure that their human capital strategy is aligned with business strategies. As
      FILE PHOTO  -  1,232 words
    • 790 29  -  LEON HADAR THE conventional wisdom in Washington these days is that US President Barack Obama's proposed initiative for diplomatic engagement with Teheran is all but dead run over by the political upheaval that followed the questionable outcome of the presidential election in Iran.
      790 words

  • SINGAPORE STOCKS
    • 9014 30 Transaction date: Aug 31 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld COOP) High Low Buyer Seller C'vr Net P/E M Cap Company 15.5 3 3148 8Telecom 8 2.5 5834 A-Sonic 29.5 12 5000 ABRHIdgs 14.5 5.5 1938 AEI Corp 8 1
      9,014 words
    • 1697 31 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 16 5 1181 s AAGrp 26 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 20 8.5 3518 s Afor 12.5 2 1524 t Alantac 11 3.5 7814 t
      1,697 words
    • 417 31 52-Wk Tel h Low Code Last Sale Vol C000) Day ih Low Last Quote Buyer Seller Div GrYld C'vr Net P/E MCap $mil _Hu Comi _Hu 110 100 6389 ABFSG Bond ETF 108 -2 794 427 CIMBAsean40 100US$ US725 -5 274 149 DBS STI ETF 100 266 -1
      417 words
    • 245 31 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      245 words
    • 9413 31 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.947/ AIGIF Spore Bond Fund/ A 1.324/ 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 0.5135/ APS Komaba
      9,413 words
  • Page 30 Advertisements


  • FINANCE & COMMODITIES
    • 364 32 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Alll 28 World Index Preliminary 782.9 0.3 15.5 0.2 18.7 0.8 18.9 t EAFE Preliminai 752.6 0.8 15.9 1.1 21.6 1.6 21.: Euro[ Prelim inan 1052.5 0.9 15.5 1.4 22.8 2.0 23.1
      364 words
    • 121 32 As at 9am Aug 31 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.2030 1.2420 .an dollar 1.3120 1.3280 luro 2.0490 2.0730 IZ dollar 0.9780 1.0000 iterlini ind 2.3310 2.3610 JS dollar 1.4330 1.4490 .ocal dollars to 100 units if foreign
      121 words
    • 153 32 Aug3l Xierniqht -month -months l-months Overnight mode: 1/2 JS$ 3/16 7/16 9/16 11/16 Offer 1/16 3/16 5/16 7/16 BJd 1 days I month I months months d months months I I. (All 0.35 0.38 0.50 0.55 0.80 1.30 1.40 Offer 0.25 0.28 0.30 0.35 0.60 0.90 1.00 Bid
      153 words
    • 26 32 Aug 31 STI Se 2660 2660 2594 IIMSCI Se 319.5 320.9 313.1 "aiwan Se 249.4 252.7 248.4 Source: MF Global (S) He. Ltd
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    • 21 32 Aug 31 Bid Offer 1-month 1.4419 1.4433 2-months 1.4422 1.4437 3-months 1.4424 1.4439 6-months 1.4428 1.4445 Source: OCBC
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    • 59 32 Aug2B lelivery flonth Opening Sett Av Range Price Price Hi Vol Open Done Position Low iep 09 2459 2440 2466 2420 289 1014 3d 09 2390 2381 2402 2378 2842 ***** tovO9 2357 2370 2375 2352 7238 ***** )ecO9 2350 2360 2366 2344 2557 ***** Total o/p: *****
      59 words
    • 293 32 Aug3l EURODOLLAR FUTURES SepO9 DecO9 Mar10 Jun10 99.6675 99.5350 99.2750 98.8900 5478 3547 2974 2698 EUROYEN TIBOR FUTURES SepO9 99.470 99.470 DecO9 99.505 99.505 Mar10 99.525 99.525 Jun10 99.515 99.515 Sep10 Dec10 Mar11 Jun11 99.465 99.500 99.505 99.515 99.465 99.495 99.525 99.520 99.480 99.440 99.355 99.295 100
      293 words
    • 187 32 Aug 31 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) Sep 09 211.5 Oct 09 NOV09 213.0 Dec 09 213.0 Jan 10 Feb 10 211.5 213.0 213.0 211.5 212.0 213.0 213.0 213.0 213.0 1 88 8 8 116 100
      187 words
    • 88 32 Aug3l 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****H 03.12.2009 -Year BY*****W 03.05.10 0.34 0.37 0.36 0.27 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 NY*****H
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    • 101 32 Aug 28 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Sep 09 1135.75 1114.25 1164.75 1111.00 Nov09 1011.00 996.00 1017.50 991.00 Jan 10 1011.75 997.50 1017.75 994.00 Mar10 1007.25 993.50 1012.00 993.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 09 36.07 36.21 36.80 35.92 Oct09
      101 words
    • 75 32 CRUDE OIL PRODUCTS Aug 28 origin! t/barrel Close Cham irent blend (1-Mth F) 73.15 2.15 VTI (Near Mth) 73.01 0.31 iubai (1-Mth F) 72.05 1.88 "apis blend 78.75 1.85 i/linas 76.50 1.90 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 70.15 78.60 1.61 1.41 US$/barrel )pec Oil Basket Price
      75 words
    • 462 32 Aug3l AS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS Australia 0.920 5.724 0.587 6.494 40.979 84.539 0.777 10.475 2.950 1.228 69.525 40.950 1.208 6.527 0.890 27.579 28.499 0.517 0.838 Canada 1.087 6.219 0.638 7.056 44.526 91.857
      462 words
    • 75 32 Aug3l 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) ...0.***** ....0.***** ....0.***** 6 mths 0.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates
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    • 132 32 Aug3l /oz) Hong Kong London 949.00 951.40 950.00 952.40 Aug 27 Aug 28 943.35 957.30 944.15 958.30 Source: Thomson Reuters CAST BAR (S$) Aug 31 Buying Sellini Kilobar "47,403.14" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS Kinebar™
      132 words
    • 154 32 Aug 31 Against SS lurrencies Bid Offer Against USS Bid Offer >$IUS$ to one unit of foreign currency: Australian dollar 1.2076 1.2092 0.8377 0.8380 'anadian dollar 1.3121 1.3140 0.9102 0.9106 iuro 2.0577 2.0603 1.4274 1.4278 IZ dollar 0.9830 0.9846 0.6819 0.6823 jterlini ind 2.3354 2.3379 1.6200 1.6202
      154 words
    • 69 32 Aug 28 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1867.00 1851.00 3 months 1899.50 1884.00 Copper, Grade A (US$/tonne) Cash 3 months 6464.00 6475.00 6257.50 6270.00 Lead (US$/tonne) Cash 2093.75 3 months 2107.00 1994.75 2010.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 73 32 Aug 28 (£/tonne) Close Prev Hii ih/Low ,epO9 1806 1820 1841/1792 )ecO9 1825 1838 1857/1806 i/lar 10 1820 1834 1851/1801 i/lay 10 1815 1832 1825/1798 lOFFEE (US$/tonne) Close Pev High/Low iepO9 1373 1375 1390/1367 Mov09 1411 1402 1423/1405 Ian 10 1432 1422 1444/1429 SUGAR (US tonne) White Close Prev
      73 words
    • 2410 32 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 3.5 >036AdvanceSCTLtdW*****9 0.5 S816# Asiasons Capital Ltd W*****7 ...6.5 -0.5 170 S756#AsiaticGrp(H) LtdW*****2 5 H05#Asiatravel W*****7 20 >878 Aztech Systems W*****6 2 1912 Baker Tech W*****3
      2,410 words

  • Page 33 Advertisements
    • 2712 33 The Business Times Shipping Times Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE H1IHMI CotllVfiOll Destination Destination Vlfvl if Wllllll I UilIf STXPO TBN RTM/ANR/TIL STXPO TBN NOL/NFK/SAV/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia lHlllvlli I HO VA Oil U UdjfV Ull II JjB MIDDLE-EAST SERVICE
      2,712 words

  • Page 34 Advertisements
    • 3560 34 f^V IP EASTERN CAR LINER, LTD I |^^QEEDQ|B ij^L^^^E lV—_^—l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS E^^ji KMllMillllililM ij^^Jj|fl3B&ißlilßflißßßflidiilflSßßtofl4<BßliMirtflßfliMAßftli^ I adta 09 li\ oa ni no nc no at ao no no VESSEL VOY ETA EJD DESTINATION I DDV 55 g|Zg|— -giZgl 1 07/09_ _09/09_ FORTUN[B 05/09 02/09
      3,560 words

  • PROPERTY
    • 430 35 Singaporeans make up 87% of buyers; even Swiss nationals among purchasers NTUC Choice Homes has sold 410 of the total 460 units it released for the preview of its Trevista condo in Toa Payoh last week. The co-operative is expected to release more
      MUGILAN RAJASEGERAN/THE STRAITS TIMES  -  430 words
    • 566 36  -  KALPANA RASHIWALA K-Reit said to be buying space at about $1,550 psf of net lettable area By IN a deal that could help benchmark office values in the Raffles Place area and smooth the way for more office investment transactions, a property fund
      FILE PHOTO  -  566 words
    • 367 36  -  KALPANA RASHIWALA By MERCHANT Square in the Clemenceau Avenue area and four freehold strata bungalows at Bournemouth Road in the Katong locale are among the latest offerings in the property investment sales market. The guide price for Merchant Square is about $48 million
      367 words
  • Page 35 Advertisements
    • 133 35 We Are The Property Arm Of A SGX-Listed Company With Diverse Interests In Retail, Property And Financial Businesses. We are looking for residential and/or commercial sites suitable for redevelopment, including vacant land, old houses, shophouses, enbloc properties, conservation houses and buildings. We are willing to offer reasonable prices for suitable
      133 words
    • 285 35 I at Innovation Place 4 eWT^V. Brand New Freehold S iS^^^ Located at Mandai Estate L^j! *^i> Sizes from 1,432 sq ft fc>^ '^Ifc^-^ BkN. Near Kranji and Yew Tee MRT Stations fc^ *S Ideal for office, showroom, il ~T~^-:;^:^~.^ warehouse production -RRHI j Good corporate image fti|B| **^Sfc=; v
      285 words
    • 279 35 Freehold Landed Housing Sites For Sale mm payalebare;| Cranborne Road dunman road Site Area 991.6 sqm lir awsa (approx 10)673 geylang t 2008 zoning hm z Tanjong 2 Storey Bungalows ||ll?l S <3i"sSch Approved for 4 strata detached p o 5 houses Theoa* m 9 S Minutes drive to CBD&Suntec
      279 words

  • Page 36 Advertisements
    • 419 36 perccnal coaching Kept Secrets of the Rich's to build your property portfolio with J Strategies now revealed! little or no money in the shortest time ~3# Creating a regular monthly practical ways of property financing "w^jfiS^j income from your investment mistakes in investing r ,^^*d[i p What are the criteria
      419 words
    • 13 36 A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs@sph.com.sg, Fax 6746-1925.
      13 words