The Business Times, 13 October 2009

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Microfilm: NL30172
Total Pages: 33
1 33 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Tuesday, October 13,2009
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  • Article, Illustration
    Lock icon Recession over – but a hard climb ahead
    778 1  - Recession over but a hard climb ahead ANNA TEO Contraction for 2009 now expected to be just 2-2.5%; outlook for 2010 subdued By spurred growth, the Ministry of Trade and Industry (MTI) said yesterday, as it revised the official forecast for 2009 to a 2-2.5 per cent contraction. The previous
    Source: MTI  -  778 words
  • Article
    Lock icon Sings falls as MAS offers cautious take on economy
    551 1  -  OH BOON PING Final demand in Spores key export markets yet to recover decisively By [SINGAPORE] Amid uncertain domestic and international economic conditions, the Monetary Authority of Singapore yesterday retained its neutral policy stance and left the width of its undisclosed
    551 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      46 1 lorn lay lange 1 COMP 1,233.33 -0.49 IIKKEI225 Closed IANG SENG 21,299.35 -200.09 ;et index 751.86 +4.99 JAKARTA COMP 2,456.68 -17.71 1ANILA COMP 2,930.97 -11.81 ;eoulcomp 1,639.81 -6.98 ;henzhenb 519.67 -0.33 IUMBAI IND 17,026.67 +384.01 12 noon EDT Change )OW 9,904.09 +39.15 IASDAQ 2,148.90 +9.62
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    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.473 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
    • Article
      Lock icon FOREX
      45 1 IS$ (S$ ier US$) 1.402 (us$/ss ier 1.576 2.209 :URO (US$/S$/E) 1.470 2.060 Foreign currency per US$ S$ 'EN 90.30 64.40 3.410 2.433 IK$ 7.750 5.529 !AHT 33.37 23.81 lUPIAH 9,493 6,772 1ENMINBI 6.825 4.869 INDIAN RUPEE 46.67 33.29 1.110 0.792 IZ$ 1.373 0.979
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      77 1 PROPERTY OPINION ppßJ™^ PAY-TV DEBATE UK ECONOMY A sterner deal Weak US$ conspiracy -1»$Xl MDA reviewing issue Brown announces &16 billion m^ for agents now theories are moot RV^^fra of exclusive content asset sale to cut debt A \\\m PAGE 4 PAGE 24 PAGE 2 PAGE 22 4mJst M Nobel
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Recession over – but a hard climb ahead
        77 2 Recession over but a hard climb ahead WHILE the full-year growth forecast has been hiked up sharply after two resurgent quarters, the 2010 outlook will be somewhat more subdued, the government says. GDP growth in 2010 is expected to be slower than in previous post-recession periods, says the Monetary Authority
        77 words
      • Article
        Lock icon Sings falls as MAS offers cautious take on economy
        53 2 AMID uncertain domestic and international economic conditions, the Monetary Authority of Singapore yesterday retained its neutral policy stance and left the width of its undisclosed Sing-dollar trading bands unchanged. The news drove the local currency to a four-day low against the
        53 words
      • Article
        Lock icon China, India banks favoured to win new M'sia licences
        64 2 THE much anticipated move by Bank Negara to grant three new commercial bank licences may happen as soon as next year, say banking executives. One is likely to go to an Indian consortium, another to one from China, and the third
        64 words
      • Article
        Lock icon SPH profit dips just 3.6% despite tough year
        71 2 IN spite of challenging conditions, Singapore Press Holdings yesterday reported a net profit of $421.9 million for the year ended Aug 31, 2009, 3.6 per cent lower than the preceding year's $437.4 million. Revenue held steady at $1.3 billion as a surge
        71 words
      • Article
        Lock icon A sterner deal for property agents now
        49 2 THE government has proposed ways to regulate property agents here. To start with, their activities will be monitored more closely and rules enforced more keenly. A new agency will be created to take on the enhanced regulatory powers. TOP STORIES, PAGE 4
        49 words
      • Article
        Lock icon Eu Van Sang to open TCM clinics in Vietnam
        67 2 EU Van Sang International Ltd and Vietnam-based Truong Xuan Viet Company Ltd said yesterday that they have signed a memorandum of understanding to open a chain of upmarket traditional Chinese medicine clinics in Vietnam. The clinics will stock Eu Van Sang
        67 words
      • Article
        Lock icon Centillion may have to repay US$3.7m any time
        63 2 CENTILLION Environment and Recycling (which was previously known as Citiraya) said in a business update yesterday that as a result of a breach in a loan agreement by one of its subsidiaries, a total of US$3.7 million worth of borrowings could be
        63 words
      • Article
        Lock icon Treasure Resort faces class-action lawsuit
        45 2 IN a class-action lawsuit yesterday, 205 ex-members of the former Sijori Resort Club on Sentosa sued the club's current owner Treasure Resort Pte Ltd and Colony Members Service Club Pte Ltd for breach of membership contract. SINGAPORE NEWS, PAGE 12
        45 words
      • Article
        Lock icon US housing risks lurk even as buyers return
        71 2 ON the surface, a glimmer of confidence is returning to the battered US housing market, after more than three years of gut-wrenching defaults, price slumps and foreclosures. But investors and homeowners in California, the most populous US state and a benchmark for
        71 words
    • Article
      Lock icon China, India banks favoured to win new M'sia licences
      496 2  -  S JAYASANKARAN Third commercial licence likely to be won through beauty contests of other hopefuls: observers By in Kuala Lumpur THE much anticipated move by Bank Negara to grant three new commercial bank licences may happen as soon as next year,
      496 words
    • Article
      Lock icon MDA reviewing 'complex issue' of exclusive content
      583 2  -  WINSTON CHAI Common set-top box among options being explored By [SINGAPORE] The Singapore government has revealed that it is looking into the thorny issue of content exclusivity amid growing concerns that such arrangements could be anti-compet-itive and detrimental to consumers. In a recent
      583 words
    • Article, Illustration
      Lock icon Property boost helps SPH weather tough year
      538 4  -  CHEW XIANG Profit slips just 3.6% to $422 m; recurring earnings also sturdy at $497 m By [SINGAPORE] In spite of challenging conditions, media group Singapore Press Holdings yesterday reported a net profit of $421.9 million for the year ended Aug 31, 2009,
      LIM SIN THAI/THE STRAITS TIMES  -  538 words
    • Article
      Lock icon BT circulation rises for sth year
      256 4 IT was tough going but The Business Times has maintained a proud record by seeing its circulation climb for the fifth successive year. BT's circulation rose 0.5 per cent year on year for FY2009, SPH disclosed yesterday. Daily sales averaged over 34,000 copies in
      256 words
    • Article
      Lock icon A sterner deal for property agents now
      666 4  -  i UMA SHANKARI Freelancing may end; agents will have to pass exam By [SINGAPORE] The government has proposed ways to regulate property agents here. To start with, their activities will be monitored more closely and rules enforced more keenly. A new government agency
      666 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      550 2 Funds Work! Mechanics of pool investing Dates The pooling of investor funds is an alternative to individual investing. Collective 19 —20 November 2009 investment vehicles offer investors a diverse balance of different investment styles, 9.00 am to 5.00pm product sectors, and risk/return profiles. Unit trusts (also known as mutual funds)
      550 words
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      Lock icon Page 2 Advertisements Column 2
      55 2 I V I!'! B tIIHIIBI L HUH II L II "ii f ii!!!HH!!H? A A limiiiiiHiiiß sbhiiiiiiihu < miii i; pS m OBaniiHieia!! 55K jf i J| ■••San, L j| I* bI I 1 I B" If I I Please email us at infol@umich.coni.hk if you would like to receive
      55 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      1384 4 CARING SINCE 1879 *1 f%^f\ h SSSSHHI EUYAN SANG INTERNATIONAL LTD YH w ~„> ,j§» K^2»aU|iiE|Jm Company Registration No. *****2179H tt t1 *U ITI *iv A^ \k\t M 'JFW. W BHH (Incorporated In The Republic of Singapore with limited liability) |H| ~rL IT. y\. rl £V| >jL. Notice of Annual
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  • COMPANY NEWS
    • Article
      Lock icon When in doubt, regulators should query?
      655 5  -  JAMIE LEE FEW would bat an eyelid to see two Singapore-listed companies queried for unusual movements in their share prices. But what may raise the eyebrows is that they were queried not by their home regulator, Singapore Exchange (SGX), but by regulators in the
      655 words
    • Article, Illustration
      Lock icon Eu Van Sang to open TCM clinics in Vietnam
      348 5  -  FELDA CHAY By EU Van Sang International Ltd and Vietnam-based Truong Xuan Viet Company Ltd said yesterday that they have signed a memorandum of understanding (MOU) to open a chain of upmarket traditional Chinese medicine (TCM) clinics in Vietnam. Said Eu
      348 words
    • COMPANY BRIEFS
      • Article
        Lock icon Asiatic in Perak biomass plant project
        69 5 ASIATIC Group (Holdings) Ltd said that it will take a 30 per cent stake in a joint venture to develop a biomass project in Perak to convert empty oil palm fruit bunches into electric power. The group expects to invest about RMIO million (Ss4
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      • Article
        Lock icon Asia Water receiver assumes management
        108 5 ASIA Water Technology Ltd said yesterday that its receiver, Timothy James Reid of Ferrier Hodgson, has confirmed to the board that he had assumed management of the group. Mr Reid said he had assumed management on Sept 25, 2009-the date he was appointed as receiver
        108 words
      • Article
        Lock icon Passion bags 155m yuan in orders
        61 5 PASSION Holdings, an integrated designer, producer and retailer of handicrafts and furnishings, said it has received orders amounting to 155.1 million yuan (Ss32 million) as at Sept 30, 2009, a 28 per cent increase from a year ago. The group expects the orders to
        61 words
      • Article
        Lock icon Hai Leek seals Shell maintenance contracts
        60 5 HAI LECK Holdings' wholly-owned subsidiary, Hai Leek Engineering Pte Ltd, was awarded new three-year maintenance contracts by Shell Eastern Petroleum (Pte) Ltd (SEPL) and Shell Chemicals Seraya (Pte) Ltd (SCSL), for work at plants on Jurong Island and Pulau Bukom. Hai Leek has been
        60 words
      • Article
        Lock icon NOL container shipping volume up
        74 5 NEPTUNE Orient Lines' (NOL) container shipping volume for the four weeks to Sept 18, 2009 increased 1 per cent to 205,700 forty-foot equivalent units (FEUs) from 204,000 FEUs a year ago. Average revenue per FEU declined 29 per cent to U552,247. Year to date, container
        74 words
    • SINGAPORE MARKETS
      • Article, Illustration
        Lock icon Economics come into focus
        616 6  -  R SIVANITHY STOCKS Economists continue to debate the shape of recovery, while traders bet on Wall Street rising IT'D be fair to say that rarely has the interplay between economics, the stock market and real life been thrust into focus as it is now. In the
        : Bloomberg  -  616 words
      • Article
        Lock icon SECURITIES TRADING SCOREBOARD
        92 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 12 3 3 0 0 0 12 3 3 lanufacturing 78 37 76 19 85 40 95 Commerce 35 25 41 27 "pt/Stor/Comms 32 34 ■inance 20 20 instruction 15 17 'roperties 27 12 27 13
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      • Article
        Lock icon SECURITIES TRADING TURNOVER
        109 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 43,255 43,255 47,313 47,313 lanufacturing 346,921 15,838 362,759 174,114 1,708 175,822 lommerce 138,933 65,981 204,914 98,188 11,568 109,755 'pt/Stor/Comms 133,524 13,056 146,580 188,217 3,586 191,802 :i nance 26,614 26,614 143,735 143,735 lonstruction 40,452 12,695 53,147 20,522 399 20,921 'roperties
        109 words
      • Article
        Lock icon STRAITS TIMES INDEX STOCKS
        101 6 lapitaLand 3.990 +0.040 Noble Grp 2.560 +0.040 lapitaMall 1.690 OCBCBk 7.680 +0.060 JtyDev 9.920 +0.060 Olam 2.590 +0.040 lomfortDelGrc 1.630 +0.030 SGX 8.500 +0.070 losco Corp 1.180 +0.010 SIA 13.900 +0.160 IBS Grp 13.000 +0.100 SIAEngg 2.730 +0.120 :&N 3.880 SMP.T 1.730 +0.040 ienting SP 1.130
        101 words
      • Article
        Lock icon BROKER'S TAKE
        300 6  -  JOYCE HOOI F J Benjamin Holdings Oct 12 close: $0.35 DMG PARTNERS SECURITIES, Oct 12 WE have upgraded the stock to "buy", with a price target of $0.46. The opening of the IRs in early 2010 is expected to bring along a recovery in visitor numbers. We are
        300 words
      • Article, Illustration
        Lock icon STI not ready to kick-start rally yet
        237 6  -  KEN TAI CHARTPOINT THE Straits Times Index managed to stay firmly above the 2,560 support last week, but remained largely in a consolidation mode as the share price performance of the STI component stocks were somewhat mixed. While property and commodity stocks gained
        ■: Bloomberg  -  237 words
      • Article, Illustration
        Lock icon Asian currencies slip against greenback
        367 6  -  CURRENCIES ASIAN currencies retreated against Uncle Sam yesterday, led by losses in the yen. Gold, meanwhile, edged higher, but remains below the U551,053 per ounce seen last week. The yen slipped 1.58 per cent to 90.33 yesterday, from 88.845 per US dollar on Friday. Interestingly,
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      • Article, Illustration
        Lock icon STRAITS TIMES INDEX
        4 6 DAILY
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      • Article
        Lock icon OTHER SINGAPORE INDICES
        60 6 Oct 12 VALUE CLOSE IT OB/OS -437.00 +464.C IT CADI -*****.00+197. IT 10-day MA -*****.00 -43.0' TSE ST Mid Cap 621.79 +4.5 TSE ST Small Cap 538.05 +8.2 TSE ST All Share 659.42 +6.7. TSE ST China Top 276.50 +2.41 TSE ST China 295.22 +2.5 TSE ST
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      • Article
        Lock icon MOST ACTIVE STOCKS
        57 6 VOLUME Gentini SP 76,241,000 Oakwell Eni 45,496,000 Ben. Kuani 43,470,000 ChinaTaisan 36,817,000 Memstar 36,361,000 Infinio 33,522,000 Ramba 28,363,000 Ban Joo 26,903,000 Golden III 23,820,000 FrasersComm 22,829,000 VALUE($) Gentini SP 85,088,540 >in< iTel 70,508,842 DBS Gri 52,841,840 i Land 40,172,876 StraitsAsia 38,633,730 Noble Gr| 33,867,610 UOB 33,213,960 Wilmar
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      • Article
        Lock icon RISES
        104 6 CLOSE UP LD 10US$ ***** 112.1 0.8 lardine C&C 2600 82.0 3. iBXT FTVietnam 10US$ 5469 77.1 1.' 'entrure.ES.0910 928 43.0 4. iBS Bk6% NCPS 10 ***** 34.0 0. IOB 1674 32.0 1. India Ni 10 1530 30.0 2: 'enture Con 941 27.0 3.' At ES.0910 993 23.0 2,
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      • Article
        Lock icon FALLS
        116 6 CLOSE DOWN IMH 3048 -70.1 -1.6 iBXT S&P Short 10US$ 5711 -65.9 -0.8 ICC 3.93% NCPS10 7950 -50.0 -0.6 China H 10US$ 1605 -23.8 -1.1 iTXPO 100 1340 -20.0 -1.5 .oscoCori IBLePW***** 2.5 -7.0 -73.7 ;TI2400SGAeCW*****9 35 -7.0 -16.7 :iMBAsean40 100US$ 784 -5.6 -0.5 hem Ind 44 -5.0 -10.2
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      • Article
        Lock icon CURRENCIES
        79 6 iere S! stands Oct12 %CHNG CLOSE FR0O9 YR2009 S$ LOW S$ HIGH ISS 1.3988 -0.41 1.5579 1.3915 iuro 2.0604 -0.28 2.0897 1.9150 'ounds 2.2060 0.96 2.4366 2.0356 1.2644 -0.17 1.2644* 0.9453 ren* 1.5496 1.18 1.7278 1.4831 liah* 0.***** 0.01 0.***** 0.***** !aht* 4.1949 -0.31 4.3390 4.1040 •eso* 2.9998 -0.05
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    • Article
      Lock icon Centillion may have to repay US$3.7m any time
      510 8  -  UMA SHANKARI RBS could call for loan repayment due to breach in agreement by unit By Centillion on Sept 30 said that it has been notified by RBS of a breach of a covenant under a loan agreement dated July 31, 2008
      510 words
    • Article, Illustration
      Lock icon ST Engg buys 33% of S'pore Airshow organiser
      365 8  -  CHEW XIANG Price of $17.57 m to be paid in cash from internal resources By ST ENGINEERING has bought a one-third stake in events organiser Singapore Airshow Events (SAc) for $17.6 million. The vendor was the Defence Science and Technology Agency (DSTA),
      FILE PHOTO  -  365 words
    • Article
      Lock icon Transcu to raise $29m through placement
      337 8 TRANSCU Group is raising funds again, this time through a placement to raise over $29 million for working capital. The bio-medical company said yesterday that it has entered into a placement agreement with DMG Partners Securities Pte Ltd to place out 320 million new
      337 words
    • Article, Illustration
      Lock icon Jason Marine launches IPO for Catalist listing
      402 9  -  JAMIE LEE Sale of 16m new shares expected to raise net proceeds of about $2.1 m By MARINE equipment supplier Jason Marine Group has launched its initial public offering (IPO) for a Catalist listing. The company, which supplies marine communication and navigation systems,
      ARTHUR LEE  -  402 words
    • Article
      Lock icon Keller Group to buy Resource for $68.2m
      216 9 -Reuters [BANGALORE] British ground engineer Keller Group Pic said yesterday it agreed to buy Singapore-based foundation contractor Resource Holdings Ltd for an initial $68.2 million in cash, including debt. Keller, which works on building, civil engineering and infrastructure projects in more than 30
      -Reuters  -  216 words
    • Article, Illustration
      Lock icon Demand for IPOs in Asia still strong
      568 9 Reuters A lot of growth capital is sitting in China right now [HONG KONG] Demand for public stock offerings in Hong Kong and throughout the region remains strong, despite a few recent deals that struggled, according to a panel of three investment bankers
      ■ Reuters; AP  -  568 words
    • Article
      Lock icon Auditors flag Sino-Environment
      230 9 SINO-Environment Technology Group said that its auditors PricewaterhouseCoopers have identified "certain questionable cash transactions and matters" which may have a significant impact on the financial position of the company. The company has forwarded the findings of the auditors to the relevant authorities in Singapore including the Commercial
      230 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      72 5 v ■r' I IS Jp" tjm'"''jr' The art of preserving what is important to you. We never forget that you entrusted us with your Singapore money offering peace of mind now and for future Phone +65 6415 3800, lgt.sg@lgt.com generations to come. Hong Kong We are your reliable partner in
      72 words
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      Lock icon Page 5 Advertisements Column 2
      88 5 mm>* Servcorp »*s&, Virtual Offices CZx The most professional business image from $110 per month Full business and IT solutions without the physical office space Best address, dedicated receptionist, global network of meeting rooms and value added IT solutions No deposit, no long term commitment required Sign up online today!
      88 words
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      99 6 The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and needs. CFDs are leveraged products and have the potential for both significant gains as well as losses. Before investing you should carefully
      99 words
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  • Page 7 Advertisements
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      1678 7 ™IPr CELEBRATING The Institute of Banking Finance DISTINGUISHED IN CONVERSATION WITH DISTINGUISHED FINANCIAL INDUSTRY CERTIFIED PROFESSIONALS f^ A L TBRE Given the developments in the financial services industry in the past one year, what in your view The Institute of Banking Finance congratulates the following on their conferment of the
      1,678 words
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      540 8 JASON MARINE GROUP LIMITED is one of the leading providers of integrated Jlt| C^sbi^ solutions of a wide range of marine communication, navigation and automation systems tkt^ '^'D£ based in Singapore. Am m\^J|i|#/ We are involved in the design, supply, integration, installation, testing and '°OcfrJ? °s©s5©s commissioning of marine communication,
      540 words
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      84 9 Fantasy Waterbeds Pte Ltd X2S& Where Sleep Matters. Ij&fjP Think of us as y* A Natural Anaesthetic. Ergonomically designed with rheumatic and arthritic sufferers in mind, you can experience complete holistic sleep and all the benefits that come with it. a Visit our Fantasy Sleep Centre for your ultimate sleep
      84 words
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      Lock icon Page 9 Advertisements Column 2
      50 9 -|f General Manager, Huhtamaki Singapore Executive MBA £F\ Class of 2009 Balancing life's priorities. Excelling at a higher level. j',,^ SIM has brought out the best in her. Hb University at Buffalo If/j C IV VI G LOB AL The State University of New York |^J *J I I*l EDUCATION
      50 words
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  • Article, Illustration
    Lock icon ENGAGING MINDS ENRICHING LIVES
    1041 10 SPH REPORTS FULL YEAR NET PROFIT OF ***** MILLION For the year ended August 31, 2009, Group operating revenue at 551,301.4 million remained comparable to that achieved in the previous year. The Newspaper and Magazine segment, whose performance is closely linked to the economy, saw its
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  • Page 10 Advertisements
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  • SINGAPORE NEWS
    • Article
      Lock icon Treasure Resort hit by class-action lawsuit
      588 11  -  JOYCE HOOI 205 ex-members of former Sijori Resort suing for breach of membership contract By WHILE multiple lawsuits in the Raffles Town Club saga have kept the courts busy, another club lawsuit may soon make them busier still. In a class-action lawsuit yesterday, 205
      588 words
    • Article, Illustration
      Lock icon Barclays expanding here, emerging markets
      376 11  -  CONRAD TAN By BRITISH bank Barclays plans aggressive expansion in Singapore and emerging markets in the next few months, possibly including acquisitions, its global head of retail and commercial banking, Frits Seegers, said yesterday. "We have been cautious over the past eight months. But because
      376 words
    • Article, Illustration
      Lock icon PM urges global law enforcers to work together
      469 11  -  CHUANG PECK MING By "Jihadist terrorism, drug trafficking, human trafficking and cyber crime are all global in scale and trans-national in nature," he said. "The same modern technologies and techniques that improve our lives are as easily applied to more sinister ends."
      KWONG KC/LIANHE ZAOBAO  -  469 words
    • Article
      Lock icon STB sets up steering committee for new tourism roadmap
      286 11 THE Singapore Tourism Board (STB) yesterday unveiled a steering committee to provide direction for future developments here under its Tourism Compass 2020 roadmap. Tourism Compass 2020 will be an extension of Tourism 2015 a blueprint launched in 2005 to achieve $30
      286 words
    • Article
      Lock icon NUS, Keio University open $20m research centre here
      265 11 FEEL an urge to hug your children while at work? If they are wearing "huggy pyjamas", you can do just that through a Web-connected device that triggers inflatable airbags in the pyjamas to give the wearer warm cuddly squeezes. The invention is
      265 words
    • Article
      Lock icon Local trade delegation off to Africa
      215 11 A HUGE rise in foreign direct investment in Africa has prompted Singapore to lead a 31-company delegation to sub-Saharan Africa to increase awareness of business opportunities in the region. The delegation the largest from Singapore to sub-Saharan Africa is lead by Minister of State
      215 words
    • Article
      Lock icon Environment awards have strong youth flavour
      396 11  -  JOYCE HOOI They will honour tech firm, school, youth achievement council Reports by THIS year's President's Award for the Environment will be presented to largely youth-oriented recipients by President SR Nathan at the Istana tonight. Commonwealth Secondary School, the National Youth Achievement Award (NYAA)
      396 words
    • Article
      Lock icon ST Micro gets award for conservation feat
      348 11 IN a resource-hungry industry plagued by narrowing margins, STMicroelectronics is pushing back. The world's fifth-largest semiconductor firm has been saving huge amounts of water, electricity and money with its conservation efforts. And this year, it is one of the three recipients of the
      348 words
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  • SME Inc
    • Article, Illustration
      Lock icon Changing to remain relevant
      1097 12 Wee Tiong has prospered by redesigning its business model to supply value-added information to customers and suppliers, report CHEN ZHAONAN TOBIAS, KAY CHEW MIN JOYCE and LIM WEI XIANG ERVIN AS ONE enters the offices of Wee Tiong Pte Ltd to interview Tan Wee Beng, director
      YEN MENG JIIN  -  1,097 words
    • Article
      Lock icon Small-cap portfolio rebounds by 5%
      410 12  -  TEH HOOI LING By SMALL-cap stocks rebounded strongly after the previous week's sell-off. For the week to yesterday, our small-cap portfolio gained 5 per cent, compared with the Straits Times Index's 3.7 per cent advance. Gainers overwhelmed losers 21 to one in our portfolio. The
      410 words
    • Article, Illustration
      Lock icon Drive and ambition
      897 13 Enterprise 50 company Star Controls Engineering is well prepared to ride through the recession and credit crunch, report CHARLES LIM JUN LIE, FABIAN PHUA and YUE RUI SHENG THE story of Patrick Lim's business success is the stuff dreams are made of. Starting as a sales representative
      897 words
    • Article
      Lock icon Charity to hold seminar for entrepreneurs
      270 13 THE Spirit of Enterprise a charity that inspires and promotes entrepreneurship is organising a seminar for SME owners and leaders to learn about innovative leadership and coaching skills. The one-day programme is aimed at helping entrepreneurs here develop themselves individually to help them grow
      270 words
    • Article, Illustration
      Lock icon Steady as she goes for Inchone
      822 14 The e-learning company has grown from an organisation with two clients to one with more than 70, reports FELDA CHAY THINK Formula One and fast cars, hot babes and alcohol come to mind. But for Inchone, which had a hand in propelling the night
      ARTHUR LEE  -  822 words
    • Article
      Lock icon Voluntary corporate closure – not a taboo topic
      1103 14  - Voluntary corporate closure not a taboo topic LESLIE WONG COMMENTARY By ENERALLY, the winding up of companies is I perceived to be the reI suit of corporate misfortune or failure and considered by some a taboo topic. Many would be surprised by the number of winding-up notices in the newspapers,
      1,103 words
    • Article, Illustration
      Lock icon The human factor
      1547 15 THIS WEEK'S TOPIC How does HR management contribute to your company's bottom line? What are some of the ways in which HR practices in Singapore can be improved? Valeric Tan CEO Pinnacle International THE right management skills play a major role in contributing to a healthy and
      FILE PHOTO  -  1,547 words
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      269 12 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. Wee Tiong Pte Ltd was among the E5O winners in 2008. The annual E5O ranking is co-organised by The Business
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  • Page 12 Miscellaneous
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      28 13 Ifl m lilt I I T(\ 1 J^l Wrt II II tfc^w* I f^^l I I Wt 'ILI I I i II? 1 Iw'^^wA M|| I 1 lit
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      68 13 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. Star Controls Engineering Co was among the E5O winners in 2008. The annual E5O ranking is co-organised by The Business
      68 words
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      64 14 188 OCBC Bank^^ p"~\____ i m««'__ SSw" fc^ —J m < g^ ti I B_>- 3kl s£~ J^^ fe-| B #1 Google Analytics Authonzed Consultants |V I T™P^| in Singapore and South-East Asia fjlf*K I WWU IK" http://cNckTRUE.biz/prOmO Delivering True Value Call 6-594 7594 now for the IT Specialists FnrP^t
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      1889 15 METAX ENGINEERING CORPORATION LIMITED Company Registration No. *****0111H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Metax Engineering Corporation Limited [the "Company) will be held at 28 Third LokYang Road, Singapore *****6 on Wednesday, 28 October 2009 at 10.00 am for the following
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      88 15 The property for sale is on an "as-is-where-is" basis, without warranties and undertaking of the condition: A two-storey intermediate terrace factory Location :33 Kirn Chuan Drive Singapore *****7 Land area 559.3 square metres Floor area App. 538 square metres excluding an open roof terrace of about 233 square metres Tenure:
      88 words
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      21 15 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      97 15 j Mb Next week's topic: "Is your company cutting back on all non-essential business travel to the earthquake countries? And how have operations been affected by the recent slate of disasters in the region?" If you are an SME owner or leader, we would like you to share your views
      97 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon US turns gentler to boost China economic ties
      875 16 New strategy paying off, but yet to yield success in areas such as climate change [WASHINGTON] The United States is going out of its way to build a warmer economic relationship with China and the strategy seems to be paying early dividends.
      REUTERS  -  875 words
    • Article
      Lock icon British worker unrest grows as Conservative era looms
      587 16 Reuters Recession, fewer jobs and lower take-home pay fuelling anger [LONDON] Britain faces widening labour unrest in the year ahead, with workers across the economy frustrated by the prospect of pay curbs and unsettled by the likelihood of a new Conservative government.
      ■ Reuters  -  587 words
    • Article
      Lock icon BOE rates forecast to stay at 0.50% until 2011
      319 16 AFP [LONDON] The Bank of England (BOE) will keep its key lending rate at a record-low 0.50 per cent until at least 2011 as Britain recovers from a deep recession, an independent economics consultancy forecast yesterday. The centre for economics and
      AFP  -  319 words
    • Article
      Lock icon S Korea keeping watchful eye on property prices
      453 16 Reuters House price surge seen posing major risk to economy [SEOUL] South Korea's relentless house price rise is a top concern for the government but it realises that the recent spate of lending controls to calm the market could cause wider problems,
      Reuters  -  453 words
    • Article
      Lock icon Shares of Three-A gain on Wilmar placement
      450 17  -  PAULINE NG Kuok-controlled Wilmar to own nearly 17% of M'sia food supplies maker By in Kuala Lumpur SHARES of raw food materials maker Three-A Resources rose 12 sen or 13 per cent to RM1.06 yesterday as investors continued to bet the company's fortunes
      450 words
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      Lock icon Bumi may partner CIC in buying mines
      305 17 Bloomberg [JAKARTA] PT Bumi Resources, Indonesia's biggest coal company, plans to acquire mines in the country and may include China Investment Corp (CIC) as a partner after borrowing US$l.9 billion from the sovereign wealth fund last month. "Anything less than US$4OO million to
      Bloomberg; BLOOMBERG  -  305 words
  • Page 16 Advertisements
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      250 16 This program will equip professionals from thefinance sector with skills and knowledge in financial engineering. This will lead to a better understanding of the causes of the financial crisis, and help participants to avoid pratfalls and mistakes that others have committed. The modules are distinct, but integrated to provide a
      250 words
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      1701 17 %rfi/'CR ELITE KSB HOLDINGS LIMITED "■^rffc* ICompanv Registration Number: *****0824G1 HOLDINGS Notice of 2009 Annual General Meeting NOTICE IS HEREBY GIVEN that the 2009 Annual General Meeting of the shareholders of the Company will be held at 8 Wilkie Road #03-01 Wilkie Edge Singapore *****5 on Wednesday, 28 October 2009
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      3898 17 SILVHAKEI SILVERLAKE AXIS LTD I ftXB I (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of SILVERLAKE AXIS LTD will be held at Rendezvous Hotel, 9, Bras Basah Road, Singapore *****9 on 28 October 2009, Wednesday at 11.00 am for the following purposes:AS
      3,898 words
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  • GREATER CHINA
    • Article
      Lock icon China SWF arm resumes buying of 3 top banks
      445 18 Huijin's move seen providing support to Shanghai stock market [SHANGHAI] Central Huijin, an arm of China's US$2OO billion sovereign wealth fund, has revived a scheme to buy Shang-hai-traded A shares in the country's three biggest listed banks, offering fresh signs of
      445 words
    • Article, Illustration
      Lock icon Think-tank sees 8.3% growth for China
      284 18 Reuters [BEIJING] China's economy is likely to grow by 8.3 per cent and expansion could hit 9 per cent next year, a leading state think-tank said, adding to signals that the government is confident of hitting its growth target for 2009. In its latest
      ■ Reuters; REUTERS  -  284 words
    • Article
      Lock icon Futures bourses to influence commodity prices
      296 18 Bloomberg [SHANGHAI] China's three futures exchanges aim to influence global prices for agricultural, energy and metal commodities to contain import costs, The Wall Street Journal reported, citing a government official. The world's third-larg-est economy has a longterm goal of increasing its sway over commodities
      – Bloomberg  -  296 words
  • Page 18 Advertisements
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      31 18 Let Our Image Consultant and Professional Tailor Suit you up Raffles Tailor in Raffles Suits Ready-to-Wear Collection for your Success. 402 Orchard Rd #02-18 Delfi Orchard Tel: 6733 1336 Website: www.rafflestailor.com.sg
      31 words
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      329 18 IN THE MATTER OF THECOMPANIESACT.CAP.SO (1) BOKWANG SINGAPORE PTE. LTD. (Company No *****1596R) (2) REDCAPE PTE. LTD. (Company No *****9376 D) (In Members1 Voluntary Liquidation) At the respective Extraordinary General Meeting of the above-named Companies deemed to be held on 13 October 2009 the following resolutions were duly passed as:SPECIAL
      329 words
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      2521 18 (gj) WingTaiAsia WING TAI HOLDINGS LIMITED (Company Registration No. *****0239 D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 45 th Annual General Meeting of the Company will be held at The Ballroom, Level 3, Raffles Hotel, 1 Beach Road, Singapore
      2,521 words
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  • INDIA
    • Article
      Lock icon Big gain for industrial output in August
      631 19 Bloomberg Manufacturing, accounting for about 80% of output rose 10.2%, compared with a 7.4% gain in July [NEW DELHI] India's industrial production rose the most in 22 months, suggesting the central bank may have scope to make an early exit from emergency stimulus
      ■ Bloomberg  -  631 words
    • Article, Illustration
      Lock icon Ambani feud may deter bids in oil auction
      724 19 Bloomberg [NEW DELHI] A legal dispute between India's billionaire Ambani brothers may deter bidders in the nation's biggest oil-field auction on concern a ruling may strengthen government control over energy pricing. The auction of 80 oil, gas and coal-seam gas areas ended
      Bloomberg  -  724 words
  • Page 19 Advertisements
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      3243 19 r^U CHINA YUANBANG PROPERTY SA A/ 7"A X II jIJ; HOLDINGS LIMITED SANTAK HOLDINGS LIMITED (Company Registration No *****1065H) Wsß%k (Company Registration Number: *****) (Incorporated in Singapore with limited liability) (Incorporated in Bermuda) HAlaUißi^UaXlMl^^MlAHldMdMllSMUdUAlHfl NOTICE IS HEREBY GIVEN that the Annual General Meeting of Santak Holdings Limited ("the Company") will
      3,243 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Aussie carbon law: Opposition under pressure
      509 20 Reuters Amendments to legislation only if they don't hurt budget, says govt [CANBERRA] Australia's government stepped up pressure on a divided Opposition over climate policy yesterday, saying it would negotiate changes to controversial carbon trade laws only if the amendments did not hurt the
      Reuters; AFP  -  509 words
    • Article
      Lock icon N Korea revives drive to ban Japanese cars
      206 20 AFP [SEOUL] North Korea has revived a campaign to ban Japanese cars from its roads, apparently reflecting strained relations between the two nations, a South Korean welfare group said yesterday. The drive was launched in 2007 but later suspended because about 70
      AFP  -  206 words
    • Article
      Lock icon Stronger S Korean economy in 2010: minister
      374 20 Bloomberg [SEOUL] South Korea's economy will be stronger next year, helped by a recovery in global demand, Finance Minister Yoon Jeung Hyun said. "I think next year the economy will be much better than this year," Mr Yoon said in an interview with
      Bloomberg  -  374 words
  • Page 20 Advertisements
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      2567 20 JfcSPINDEX I I SPINDEX INDUSTRIES LIMITED (lnTXrNX B^s SrM 9) apOre) ASIAN MICRO HOLDINGS LIMITED (Company Registration N0.*****1052K) NOTICE OF ANNUAL GENERAL MEETING (Incorporated inthe Republicof Singapore with limited liability) NOTICE IS HEREBY GIVEN that the 22 nd Annual General Meeting of the Company will be held at 6 Neythal
      2,567 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Britain announces massive assets sale to cut debt
      493 21 AFP Disposal of £16b of assets within next two years expected to raise USs2s.4b [LONDON] British Prime Minister Gordon Brown announced on Monday a massive £16 billion (5535.4 billion) sale of state assets including the Channel Tunnel rail link, to cut soaring
      AFP; REUTERS  -  493 words
    • Article, Illustration
      Lock icon Nobel Economics Prize goes to ...
      433 21 Nobel Economics Prize goes to ■AFP 2 Americans, one of whom is the first woman to win [STOCKHOLM] Elinor Ostrom and Oliver Williamson of the United States won the 2009 Nobel Economics Prize yesterday for their work on the organisation of cooperation in economic governance, the Nobel jury said. Prof
      ■AFP  -  433 words
    • Article
      Lock icon W-shaped recovery weighs on investors' minds: RBS
      618 21  -  ARTHUR SIM By [SINGAPORE] Economic recovery may be imminent, but there is no consensus on the form it will take. RBS chief European economist Jacques Cailloux said that after speaking to clients in Europe, "investors remain very negative on the prospect of a
      618 words
    • Article
      Lock icon Dubai has insufficient funds to cover debt
      158 21 AP [DUBAI] Dubai has "insufficient" funds to pay back billions of dollars worth of debt coming due, an analyst at credit rating firm Standard Poor's (S&P) said on Sunday, putting added pressure on the struggling city-state to raise additional cash. The sheikdom and
      AP  -  158 words
  • Page 21 Advertisements
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      1952 21 Equation L^L^L^L^l IcORP lIMIIED EQUATION CORP LIMITED (Company Registration No. *****1110N) (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Thirty-Third Annual General Meeting of Equation Corp Limited will be held at 300 Jalan Bukit Ho Swee, Singapore *****6 on Friday, 30 October 2009 at 9.30 a.m.
      1,952 words
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  • WORLD
    • Article, Illustration
      Lock icon Long haul for Brazil preparing for 2016 Olympics
      455 22 -AFP It must find new funds, streamline bureaucracy urgently [SAO PAULO] Brazil urgently needs to find new investment and to streamline its bulky bureaucracy as it prepares to host the world's two biggest sporting events: the 2016 Olympics and 2014 soccer World
      -AFP; AP  -  455 words
    • Article
      Lock icon Opel sale contract likely this week
      191 22 Reuters [HAMBURG] General Motors is on track to sign a contract this week to sell a majority stake in European carmaking arm Opel to a Canadian-Russian consortium, Opel labour leader Klaus Franz told Reuters. Opel workers have to agree to cost concessions for the
      – Reuters  -  191 words
    • Article
      Lock icon More banks eyeing Brazil's hot IPO market
      619 22 Reuters But competition will mean lower profits as firms can press for lower fees [SAO PAULO] Bankers at Credit Suisse and Bank of America-Merrill Lynch may be popping the champagne corks this week because of the fees they are pulling in from Brazil's
      – Reuters  -  619 words
  • Page 22 Advertisements
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      213 22 gjfcj Organised by SMS YOUR ANSWERS TO ***** •Closing date is midnight, 16 October 2009 DiiCIMCCC TIRfICC WhobetterthanSingaporeAirlinestoflyyoutoMelbourne Q How mflf]y tf|||es fldoy rfoes the Singapore Airlines A3BO fly to Melbourne? Australia's fashion, sports and culinary capital to catch a publication of Sf ;i the Grand Slam of Asia-Pacific, the
      213 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Time to move up aviation value chain
      464 23 OVER the last 30 years, Singapore has established itself as the undisputed leader in aerospace maintenance, repair, overhaul and component supply in the Asia-Pacific. That comes on top of being the third busiest international air hub in the region and the home of
      464 words
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      Lock icon Weak dollar conspiracy theories are moot
      1006 23  -  LEON HADAR There may be very good reasons why the Arabs, Chinese and Russians should meet EWS reports about the ups and down and the US dollar tend to be buried in the business sections of American daily newspapers and heated discussion about this
      BLOOMBERG  -  1,006 words
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      Lock icon The return of the gold standard mentality
      819 23 -NYT THE BOTTOM LINE ONE lesson from the Great Depression is that you should never underestimate the destructive power of bad ideas. And some of the bad ideas that helped cause the Depression have, alas, proved all too durable: in modified form, they
      -NYT  -  819 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Changes in the wind
      871 24  -  LEE KUAN YEW By FOR the countries of East Asia, including China, there was no decoupling from the financial crisis in the US and Europe, which caused East Asia's exports to drop. But because its economies and banks are sound, by this year's second quarter, East
      871 words
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      Lock icon There is no such thing as an Asian model of governance
      1526 24  -  MAX YUEN TEEN Singapore has many more similarities with developed markets like the UK and Australia than differences By I AGREE with Singapore Exchange chief executive Hsieh Fu Hua that the Anglo-Saxon model of corporate governance may not be
      THE STRAITS TIMES FILE PHOTO  -  1,526 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Middle East-Asia supertanker rates slide
      421 25 Bloomberg Holiday in China tempers demand for crude carriers [LONDON] The cost of delivering Middle East crude to Asia, the world's busiest route for supertankers, fell for a second day last Friday as Chinese holidays tempered demand for ships. Charter rates for the very large
      ■ Bloomberg; FILE PHOTO  -  421 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2710 25 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,710 words
    • Article
      Lock icon Airlines set new fuel efficiency target
      186 25 Reuters [GENEVA] The world's airlines have agreed to new fuel efficiency and carbon emission targets which go much further than the levels required through regulation, an industry group said on Saturday. The International Air Transport Association (lata), which represents 230 airlines, said that carriers,
      – Reuters  -  186 words
    • Article, Illustration
      Lock icon Jetstar may use Changi as hub
      453 25  -  YEN SREENIVASAN The regional base is for long-haul flights between Australia and Europe By' [SINGAPORE] QANTAS unit Jetstar Australia may use Changi Airport as its South-east Asian base for planned long-haul flights between Australia and Europe. Australian news reports at the weekend quoted Mel-bourne-based
      FILE PHOTO  -  453 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        127 25 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KlVentures Keppel Corp Mercator Lines MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.70 0.32 1.18 0
        127 words
      • Article
        Lock icon KLSE
        40 25 '000 let 12 Vol nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.90 9.09 9.00 3.11 3.00 unch 0.09 -0.02 -0.03 0.16 0.01 0.03 unch unch 108 57 31 824 9 0 551
        40 words
      • Article
        Lock icon BANGKOK
        12 25 '00 'recious Ship Regional Cont 20.50 12.50 0.50 0.10 6437 5029
        12 words
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        Lock icon HONGKONG
        15 25 '000 let 12 HK$ Vol joil iingamas Cont 4unch 1.43 -0.90 0.01 943 6188
        15 words
      • Article
        Lock icon PHILIPPINES
        26 25 '000 let 12 Peso Vol Aboitiz Equity ntl Container Keppel Marine Keppel Prop 7.80 21.75 unch unch -0.20 -0.25 unch unch 689 200 0 0
        26 words
      • Article
        Lock icon TAIPEI
        22 25 Evergreen Marine ....18.20 :irst Steamship 45.20 /Van Hai Lines 16.60 fang Ming Marine...12.40 0.05 0.40 0.10 0.05 8 8 3 7
        22 words
      • Article
        Lock icon TOKYO
        44 25 '000 let 12 Yen Vol Cawasaki Hvy Ind ..231.00 Cawasaki Kisen 365.00 Mitsubishi Hvy 337.00 vlitsui Eng&Sbldg...232.00 vlitsui Osk Lines 568.00 Mippon Express 356.00 MipponYusen 368.00 iource: Thomson Reuters 5.00 ***** unch 7818 4.00 ***** 6.00 5675 3.00 ***** 6.00 5507 unch 9899
        44 words
  • Page 25 Advertisements
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      159 25 BT/ZUJI Deals of the Week ff 1 m i\■ ir.. DEAL OFTHE WEEK ECONOMY CLASS (fr HOTEL (frs) BUSINESS CLASS (fr Shanghai $593 $137 $1,943 I Cathay Pacific Cathay Pacific I DESTINATION ECONOMY CLASS HOTEL BUSINESS CLASS WEATHER (frs) tfrfi tfrfi Bangkok $291 (Thai Airways) $83 I $775 (Thai Airways)
      159 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      420 25 CRYPTIC CROSSWORD Across I 1 1 1 1 1 1 1 1 1 1 1 1 1 The cost of keeping horses 1 2 makes you irritable (6) mm% 1^ HH HH HH 4 What you need is liquid preparation (8) 9 HlO I 9 One holds one's drink, with
      420 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8960 26 52-wks Tel |h Low Code Cm Last Sale Vol COOP) Hil Day Last Quote Div Gr Yld |h Low Buyer Seller C'vr Net P/E MCap $mil Hil 1/ 3 3148 8Telecom 9.5 2.5 5834 A-Sonic 33 12 5000 ABR Hldgs 15.5 5.5 1938 AEI Corp 8 1 1100
      8,960 words
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      Lock icon SGX CATALIST
      1677 27 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net C000) High Low Buyer Seller C'vr P/E M Cap $mil 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Vld Net ('000) High Low Buyer Seller C'vr
      1,677 words
    • Article
      Lock icon SGX ETF
      377 27 Hii Low Code Conn Sale COM) Hii Low Bui Seller C'vr P/E jffl 110 100 6389 ABFSG Bond ETF 110 +0.1 789 427 CIMBAsean40 100US$ US784 -4 274 149 DBS STI ETF 100 270 +2 4317 3534 DBXT DJE5O 10US$ US4226 DBXTDJE50Sh 10US$ US3081 1682 DBXT FTChina25 10US$
      377 words
    • Article
      Lock icon CLOB INTERNATIONAL
      253 27 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
      253 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9334 27 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.067/ AIGIF Spore Bond Fund/ A 1.354/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.08/ APS Alpha Fund (USD)!** 0.78/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt Spore Pte Ltd AXAWM
      9,334 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      362 28 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct9 World Index Preliminary 804.2 0.2 18.6 0.2 19.5 0.0 23.7 t EAFE Preliminai 763.2 0.2 17.6 -0.1 22.1 -0.2 26/ Euro[ Prelim inan 1091.8 0.0 19.8 -0.2 24.6 -0.3 29.1 Pacific
      362 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 28 As at 9am Oct 12 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2520 1.2840 Can dollar 1.3320 1.3480 Euro 2.0450 2.0690 NZ dollar 1.0140 1.0360 Sterlini 2.2010 2.2271 US dollar 1.3920 1.4080 Local dollars to 100 units of foreign currency:
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    • Article
      Lock icon STOCK INDEX FUTURES
      24 28 Oct 12 STI Oct 2679 SIMSCI Oct 315.8 320.9 320.9 Taiwan Oct 273.4 275.6 274.8 Source: MF Global (S) He. Ltd
      24 words
    • Article
      Lock icon INTERBANK RATES
      178 28 Oct 12 IS Offer Bid Overnight 1-month 2-months 3-months Overnight mode: 1/4 ys$ 5/16 7/16 9/16 11/16 Offer 1/4 3/16 5/16 7/16 BJd 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.32 0.35 0.38 0.40 0.70 1.10 1.25 Offer 0.22 0.25
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    • Article
      Lock icon US$/S$ FORWARD RATES
      21 28 Oct 12 Bid Offer 1-month 1.4013 1.4026 2-months 1.4015 1.4028 3-months 1.4017 1.4030 6-months 1.4022 1.4035 Source: OCBC
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    • Article
      Lock icon PALM OIL
      60 28 Oct 12 Delivery Month Opening Sett Av Range Price Price Hi Vol Open Done Position Low Oct09 2140 2193 2175 2140 63 167 Nov09 2147 2164 2170 2125 3696 ***** Dec 09 2124 2147 2152 2118 ***** ***** Jan 10 2124 2144 2150 2118 4968 ***** Total o/p:
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      273 28 Oct 12 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO9 Mar10 Jun10 Sep10 99.6150 99.3750 99.0350 98.6550 6954 4475 3163 3412 EUROYEN TIBOR FUTURES DecO9 99.490 99.490 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 99.490 99.490 99.525 99.540 99.525 99.465 99.380 99.320 99.320 1 3351 4068
      273 words
    • Article
      Lock icon SICOM FUTURES
      181 28 Oct 12 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Nov 09 237.0 Dec 09 Jan 10 Feb 10 Mario Apr 10 237.0 237.0 235.5 236.0 236.0 236.0 236.0 4 40 40 80 426 804 827 542 700 340
      181 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 28 Oct 12 Period Issue code Maturity Yesterday's Bid Day's |h Low Hi, 3-Month BQ*****H 14.01.2010 1-Year BY*****W 03.05.2010 0.41 0.44 0.32 0.32 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year N*****0N 1.375 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year
      89 words
    • Article
      Lock icon CHICAGO BOT
      99 28 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov09 964.00 936.00 968.50 930.25 Jan 10 967.00 939.25 971.00 933.25 Mar10 968.00 940.75 970.00 935.00 May 10 964.50 939.25 967.00 933.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 09 34.91 34.28 35.18 34.52 Dec 09 35.20
      99 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 28 CRUDE OIL PRODUCTS Oct9 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 70.55 0.63 WTI (Near Mth) 72.19 0.65 Dubai (1-Mth F) 69.30 1.54 Tapis blend 75.65 1.50 Minas 72.40 1.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 64.30 75.36 0.90 1.56 US$/barrel Opec Oil Basket
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      451 28 Oct 12 iuro 'en (on 'eso lam 'ouni Australia 0.939 6.146 0.613 6.979 42.024 85.480 0.813 10.536 3.071 1.236 74.980 41.990 1.262 6.727 0.931 29.074 30.050 0.571 0.901 Canada 1.065 6.544 0.652 7.431 44.748 91.020 0.866 11.219 3.270 1.316 79.840 44.712 1.344 7.163 0.992 30.959 31.997 0.608
      451 words
    • Article
      Lock icon SIBOR
      76 28 Oct 12 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 6 mths 0.***** 9mths 1.***** 12 mths 1.***** 3 mths 0.***** 0.***** 6 mths 9 mths 12 mths 0.***** 0.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.*****
      76 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      153 28 Oct 12 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2616 1.2629 0.9004 0.9006 Canadian dollar 1.3433 1.3447 0.9588 0.9590 Euro 2.0592 2.0614 1.4697 1.4700 NZ dollar 1.0206 1.0216 0.7284 0.7285 Sterling 2.2079 2.2100 1.5758 1.5761 US dollar 1.4011 1.4023 S$IUS$
      153 words
    • Article
      Lock icon PRECIOUS METALS
      140 28 Oct 12 GOLD (USS/oz) Oct 09 Oct 12 Hong Kong 1043.50 1047.70 London Oct OS Oct 09 1051.70 1050.10 1052.90 1051.10 Source: Thomson Reuters CAST BAR (S$) Oct 12 Buying Sellim Kilobar "50,397.00" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz
      140 words
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      Lock icon LONDON METALS
      68 28 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1874.25 1875.50 3 months 1909.00 1910.00 Copper, Grade A (US$/tonne) Cash 3 months 6216.00 6235.00 6311.75 6330.00 Lead (US$/tonne) Cash 2222.75 3 months 2249.00 2258.25 2285.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3 months *****.00
      68 words
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      Lock icon LIFFE
      75 28 Oct9 COCOA (£/tonne) Close Prev Hii ih/Low Dec 09 2127 2125 2185/2124 Mar 10 2146 2143 2207/2143 May 10 2171 2163 2230/2167 Jul 10 2121 2114 2170/2120 COFFEE (US$/tonne) Close Pev High/Low Nov09 1461 1481 1489/1459 Jan 10 1485 1505 1510/1483 Mar 10 1510 1531 1535/1509 SUGAR (US tonne)
      75 words
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      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2231 28 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 >036 Advance SCT Ltd W*****9 Allgreen Properties.ES.0910 S756#AsiaticGrp(H) Ltd W*****2.. H05#Asiatravel W*****7 >878 Aztech Systems W*****6 1912 Baker Tech W*****3 3 0.5 117 7 30.5 2.5
      2,231 words
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      2788 29 mm The Business Times mmu Sim iNGTimes »=i»>^W^PBBIIII^^WWli^W I Direct Calling to TWTPE UK CONTINENT SERVICE U.S.A SERVICE MfllPlI CotllWfflOll Destination Destination VVvl if U^HIII" lid If STXPOTBN RTM/ANR/TIL HERON NOL/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia IHIIIwlli I IIOUAOII U UU jf W Ull II JM
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      4002 30 PCL/PHL SERVICE AMX SERVICE Connecting ECL SERVICE via MALTA VESSEL VOY SIN PKG JEA BND SIN PKG NSA KHI JED DAM MAR MAR FXT HAM ANR LEH FIRST OCEAN PCLO6SIS 14/10 15/10 2Z/10 23/10 SILVERZON! AMXIIS9W 20/10 24/10 28/10 02/11 05/11 08/11 SEPANIA [CLI4S2W IVII 20/11 23/11 25/11 27/11 DECKER
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      228 30 VESSEL VOY HA HE DESTINATION BERJAYAII 12/09 16/10 18/10 BELITUNG/PKL.BALAM PRIMAJAYAB 14/09 15/10 17/10 JAMBI/PEKAN BARU SUN FLORA 13/09 14/10 16/10 PALEMBANG/PANJANG PERTAMAI 05/09 15/10 17/10 BENGKULU/PADANG CARAKAJN332 05/09 15/10 17/10 BELAWAN/LHOKSEUMAWE SRIJAYAB 14/09 16/10 18/10 SABANG/MALAHAYATI VESSEL VOY EJI LEE DESTINATION INARAN 12/09 15/10 17/10 JAKARTA/CIGADING FAJAR MAS 10/09
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  • PROPERTY
    • Article, Illustration
      Lock icon A struggle to preserve the view of Mt Fuji
      847 31 NYT Group of residents faces stiff resistance from officials and developers [TOKYO] Growing up in prewar Tokyo, Makoto Kaneko recalls that the perfectly shaped, snow-capped cone of Mount Fuji was like a constant companion, visible on the horizon from the narrow
      NYT; BLOOMBERG  -  847 words
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      Lock icon UK home loans up 29% yoy in Aug
      248 31 Bloomberg Industry grouping sees this as sign of stabilising market [LONDON] Banks in the UK approved almost a third more loans to buy homes than a year earlier in August in a sign the property market is stabilising, the Council of Mortgage
      – Bloomberg; BLOOMBERG  -  248 words
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      Lock icon US housing risks lurk even as buyers return
      1905 32 Reuters Postponed foreclosures create a backlog that banks may dump onto the market [RIVERSIDE, California] On the surface, a glimmer of confidence is returning to the battered US housing market, after more than three years of gut-wrenching defaults, price slumps and foreclosures.
      Reuters; AFP  -  1,905 words
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      Lock icon A new world economy
      1492 33 China and India are gaining ground on the rest of the world in terms of political and economic influence IN the first part of this series, we saw how economic power is shifting from the West to Asia. In this week's Privilege Insights, we take a
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      1832 31 |jfc| Kian Ann Engineering Ltd HBSu The Trusted Name In Heavy Machinery And Diesel Engine Farts (Company Registration No: *****1102H) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Kian Ann Engineering Ltd ("the Company") will be held
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      340 31 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STREAM INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) (Co. RBg. No: *****5472K) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 4 Battery Road #34-01 Bank of China Building, Singapore *****8
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      103 31 PEOPLE a>py from any .SSSS Spinelli outlet at $5.50 and get a complimentary Spin or Latte! COMMODITIES IS THE BULL CYCLE STILL INTACT? Find out what's the big deal about commodities in the October issue of Pulses. We also catch up with Leeden's CEO Steven "mam, who talks about the
      103 words
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      144 32 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
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      307 32 AZEA Property Investment Strategies /(Wfe/ the 'Donald Trump' Way with less than $30k pREti Many think Property Investment is buying and selling property. We share with investors sEAis^ now t0 ijg crea tive in their property investment to enjoy extraordinary returns. ,^OM^. M Well Kept Secrets of the Rich's t*
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