The Business Times, 17 October 2009

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Total Pages: 46
1 46 The Business Times
  • 19 1 weekend THE BUSINESS TIMES www.businesstimes.com.sg I OCTOBER 17-18, 2009 Ssl.oo MICA(P) 124/08/2009 I Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION
    19 words
  • 679 1  -  Joyce Hooi Many companies plan to reverse pay curbs, relax belt-tightening in 2010 By joyceh@sph.com.sg Singapore EMPLOYEES have been given hope that whatever happened in 2009, stays in 2009. As companies emerge from the debris of the financial crisis and find most appendages miraculously intact,
    679 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous

  • TOP STORIES
    • MARKETS
      • 47 2 KL COMP 1,256.77 +9.91 NIKKEI 225 10,257.56 +18.91 HANG SENG 21,929.90 -69.18 SET 717.12 +24.40 JAKARTA 2,515.80 +0.42 MANILA 2,922.82 -19.97 KOSPI 1,640.36 -18.63 SHENZHEN B 525.18 -3.19 MUMBAI IND 17,322.82 +127.62 12 noon EDT Chanpe 12 noon EDT cnange DOW 9,957.97 -104.97 NASDAQ 2,147.02 -26.27
        47 words
      • 29 2 Bloomberg SINGAPORE 538 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.403 TAIWAN 4.776 JAPAN 1.475 KOREA 933 BRITAIN 050 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source:
        : Bloomberg  -  29 words
      • 48 2 US$ 'S$ »er US$; 1.393 'US$i /S$ 1.631 2.272 EURO. ;us$/s$/i 1.490 2.075 Foreh rn current >er US$ S$ YEN 91.10 65.40 RM 3.374 2.422 HK$ 7.750 5.565 BAHT 33.45 24.01 RUPIAH 9,395 6,746 RENMINBI 6.827 4.902 INDIAN RUPEE 46.28 33.23 A$ 1.087 0.781 NZ$ 1.346 0.967
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    • 681 2  -  Ven Sreenivasan Prices hit a plateau; cashing out an option By ven@sph.com.sg Singapore AFTER rising sharply during the last six months, membership prices for golf clubs appear to have reached a plateau of sorts. At least that is the way some membership
      Compiled by BT  -  681 words
    • 290 3 Singapore THE Singapore Exchange (SGX) and Singapore Press Holdings (SPH) yesterday signed an agreement to develop a free financial portal to be launched in the second half of 2010. SGX will supply live market data, research reports and regulatory news. SPH will supply
      CAROLINE CHIA^HE STRAITS TIMES  -  290 words
    • 499 3  -  Chuang Peck Ming 3% m-o-m rise in Sept exceeds market expectations By peckming@sph.com.sg Singapore SINGAPORE'S non-oil domestic exports (NODX) were higher last month than in August but still below the level a year ago. Still, the upward momentum is unmistakable. NODX rose a seasonally adjusted 3
      lESingapore  -  499 words
    • 450 4 LAT-WP New York IN another sign that the economy may be coming back online, Web search giant Google Inc surprised Wall Street with a 27 per cent jump in third-quarter profit, as Internet advertisers spent more on ads and buyers spent
      LAT-WP  -  450 words
    • 798 4  -  Teh Shi Ning From its first outlet 30 years ago, McDonald's now has 112 outlets islandwide By tshining@sph.com.sg Singapore IT appears that McDonald's has su-per-sized itself in Singapore. Some 30 years on, from when its first Singapore restaurant in Liat Towers served up a record-breaking
      798 words
    • 804 6  - Drop a book, take fuel-smart buses and thank this man Amit Roy Choudhury Technology and commercial viability go hand in hand, says ST Engg CTO By amit@sph.com.sg Singapore COMING soon from the people who came up with your library book drops and your taxi call system a way to make
      804 words
    • 157 6 Reuters Cambridge, England FRESH details have emerged on CapitaLand's plans to list its malls unit, CapitaLand Retail, which were first made public earlier this month. South-east Asia's biggest developer will list a stake of 25-30 per cent in its malls unit, to be renamed CapitaMalls
      Reuters  -  157 words
  • Page 2 Miscellaneous
    • 62 2 news y™i<3 Top Stories 2-6 Jr^[ Week in Review 7 Raffles Conversation 8-9 I fc > Companies i£J3 ,||f l#^f*|f( From The Desk Of T4 v.„ Singapore T5-T7 Shopping LB-9 Letter From Abroad .8 Home Garden LIO-IT World T9-22 Health LI2-T3 Stocks Stats 23-27 Gadgets LT4 Perspective 28-29 Watches LTS
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  • Page 3 Advertisements
    • 187 3 f^ m We are cutting our commissions on Singapore M m MMU M and US ec^uity CFDs 'for a limited Period only!* I II Trading CFDs with City Index gives you access to fair and B transparent prices, straightforward technology, and great I I customer support. If you're new to
      187 words

  • Page 4 Advertisements

  • Page 5 Advertisements
    • 129 5 HBBBBBTiiT I^''' "Will T r"" "^^^f^' ~"r!t^^M BFTT^y^/jlB raMjTTjfjT^^^^^^W Hws2sy£»SwTiS > SHlFT_the way you move LjyisSAN J Authorised Dealers: AutoMega Trading Pte Ltd 300 Tampines Avenue 5, #01 -01, NTUC Income Tampines H\,^j^ I Tan Chong Motor Sales Re Ltd Showrooms: Junction. Tel: 6787 2882 Hong Heng Co Pte Ltd
      129 words

  • Page 6 Advertisements
    • 537 6 SUNVIC CHEMICAL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****6502E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of the Members of SunVic Chemical Holdings Limited (the "Company") will be held at 168 Robinson Road, Capital Tower, 9* Floor,
      537 words

  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK
      • 39 7 SINGTEL has been quietly conducting in-house trials aimed at allowing potentially tens of thousands of local businesses to tune in to the next season of the popular soccer tournament in August 2010.
        39 words
      • 48 7 THIS finding by RiskMetrics Group is a cause for concern, as investors are unable to assess the impact of non-audit work on the independence of an audit firm, without knowing how material non-audit fees are compared to audit fees.
        48 words
      • 34 7 Recession over but a hard climb ahead WHILE the full-year growth forecast for the Singapore economy has been hiked sharply after two resurgent quarters, the 2010 outlook is somewhat more subdued, the government says.
        34 words
      • 56 7 THE Monetary Authority of Singapore on Monday 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 greenback, after it had chalked up
        56 words
      • 32 7 THE Singapore government is looking into the thorny issue of content exclusivity amid growing concerns that such arrangements could be anti-competitive and detrimental to consumers.
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      • 61 7 SINGAPORE Press Holdings on Monday reported a net profit of $421.9 million for the year ended Aug 31, 3.6 per cent lower than the preceding year's $437.4 million. Revenue held steady at $1.3 billion as a surge in property revenue compensated for a
        61 words
      • 63 7 THE Jobs Credit scheme has been extended for another six months though its payouts will be stepped down before being phased out. Eventually, the scheme will give way to more targeted measures to support economic restructuring and boost productivity that
        63 words
      • 47 7 THE unemployment rate will stay up for some time even with the economy bouncing back, according to Prime Minister Lee Hsien Loong. In the near term, the rate may well rise beyond the 3.3 per cent posted in the second quarter.
        47 words
      • 55 7 RBS Coutts Singapore yesterday confirmed that more than 20 bankers and about 50 support staff had left it. They make up about a third of the Singapore staff and around 15 per cent of the private bank's strength
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      • 51 7 NATIONS reporting currency breakdowns put 63 per cent of the new cash into euros and yen in April, May and June, the latest Barclays Capital data show. That is the highest proportion in any quarter, with more than an US$BO billion
        51 words
      • 51 7 THE new breed of "shoebox" private apartments won't be invading the housing landscape, if recent planning authority decisions are any guide. BT understands that the Urban Redevelopment Authority recently turned down some applications involving apartments below 28 square metres (or about 300 sq
        51 words
      • 37 7 OCBC Bank has agreed to pay U551,463 billion in cash for Dutch bank ING Group's private banking assets in Asia, propelling it into the ranks of the region's top wealth managers.
        37 words
      • 34 7 THE European Union and South Korea have approved the world's biggest free-trade deal since 1994, bolstering efforts to emerge from the deepest global recession in seven decades.
        34 words
      • 40 7 THE wage cut quantum that employers can impose on workers when they reach 60 if they wish to extend their employment is being reviewed by the tripartite partners, according to labour chief Lim Swee Say.
        40 words
  • Page 7 Miscellaneous
    • 167 7 CRYPTIC CROSSWORD SATURDAY with Ludwig general education initially th I II mj 1 lltl whipping boy (9) 24 Orison, 27 Take it back, 28 Mole, II (T\. L-'dCsQ) T 26 Kill timeafter^ time? One °T" H 5 Check on bank is less 29 By a,, mean, caught getting put inside
      167 words
    • 89 7 NEXT WEEK Oct 19-23, 2009 US DATA Oct 20 PPI Sept Housing starts Sept Oct2T Fed's Biege Book Initial claims Oct 22 Leading indicators Sept Oct 23 Existing home sales Sept SINGAPORE DATA Oct 23 Consumer price index Sept EVENTS Oct 20 WASHINGTON Iraq investment conference (to Oct 21). JAKARTA
      89 words

  • THE RAFFLES CONVERSATION
    • 2385 8  -  Chew Xiang The great shakedown of 2008 was an intervention that the financial industry needed, reckons Andrew Formica, CEO of Henderson Group. By NE month after taking over as CEO of one of Europe's largest investment managers, Andrew Formica had to retrench 15 per cent of his staff.
      2,385 words
    • 76 8 Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. A collection of luxury hotels, Raffles Hotels and Resorts distinguishes itself through the highest standards of hospitality, service and cuisine. Its hotels in Singapore, Beijing, Cambodia, Beverly Hills, Dubai and the Caribbean
      76 words

  • COMPANIES
    • 495 9  -  Winston Chai Customers continue to rein in cell phone usage and overseas calls amid uncertain outlook By winstonc@sph.com.sg Singapore MOBILEONE'S net profit slipped marginally in the third quarter as consumers continue to rein in cell phone usage and overseas calls amid the uncertain
      BLOOMBERG FILE PHOTO  -  495 words
    • 409 9 Reuters Bangkok EARNINGS at Kim Eng Securities, Thailand's largest brokerage, should rise this year and next as swelling stock market turnover boosts brokerage commissions, its chief executive said yesterday. Despite a sell-off this week sparked by concerns over the health of Thailand's king,
      Reuters  -  409 words
    • 364 9  -  Jamie Lee By leejamie@sph.com.sg Singapore ANALYSTS are disappointed with Singapore Exchange's first-quar-ter earnings, which were dragged down by lower derivatives clearing fees in the quarter. This also comes amid lingering concerns over the strength of the securities markets, given that the recent listings have been
      364 words
    • 548 11  -  Emilyn Yap CORPORATE FOCUS The sooner students learn how to handle money and invest wisely, the better off they'll be. By A 19-YEAR-OLD I know was recently approached by a financial planner to take up an investment product. Disconcertingly, the teenager almost signed
      548 words
    • 415 11  -  Lynette Khoo By lynkhoo@sph.com.sg Singapore IN A bid to raise funds and gain exposure to a new market, Changtian Plastic Chemical has proposed to issue up to 132 million new shares in the form of Taiwan depository receipts (TDRs). These TDRs will be
      415 words
    • 266 11  -  Emilyn Yap By emilyny@sph.com.sg Singapore GUOCOLAND has posted a net profit of $12.4 million for the first quarter ended Sept 30, a sharp reversal from the $2.8 million loss a year ago. Earnings improved even as turnover fell 37 per cent to $95.7 million. Profit
      266 words
    • 602 12  -  R Sivanithy STOCKS sivan@sph.com.sg Senior correspondent THE numerically inclined would have joined hands with chart watchers in celebrating the attainment of certain key numbers this week, namely, the Dow Jones Industrial Average crossing 10,000 and the Straits Times Index the 2,700-mark. Propelling both indices
      602 words
    • 116 12 VOL CLOSE Solden 111,886 43.5 -0.5 -1.1 "ranscu Grr 87,553 19.5 1.0 5.< biosensors 70,234 68.5 7.5 12.3 terlianLai 69,954 12.5 1.0 8.7 ientins SP 44,391 113 -20 -1.7 (LH Grr 41,611 3 0.0 0.( ;^vo 41,246 35.5 3.5 10.9 letaxEni 39,740 27.5 3.0 12.2 Honi 33,138
      116 words
    • 50 12 CLOSE UP IMH 3000 39.0 0.' ISH 1758 25.1 1.1 >Con )MBLeCW1103 87 20.5 30.i iBXT FTVietnam 10US$ 5763 18.1 o.: ;zraMBLeCW*****4 44.5 11.0 32.1 )CBC Bk 770 10.0 i.: (orCRBNonEn; 10US$ 224 8.4 2.! iiosensors 68.5 7.5 12.: iood 113 6.0 5.( ireat Eastern 1322 6.0 0.!
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    • 54 12 CLOSEDOWN IBXT Nifb ious: ***** -233.9 -1.! ;ld ious$ ***** -144.8 -1.1 iBXTS&P Short 10US$ 5610 -34.8 -0. iBXT FTChina25 10US$ 3115 -32.0 -0." ;ia 1420 -26.0 -1.! ;ia 200 1418 -20.0 -i.. ;gx 848 -17.0 -2.1 ;iA.ES.O91O 1424 -16.0 -1.1 iBXT MSTaiwan 10US$ 1575 -13.9 -0. _yxor
      54 words
    • 103 12 ]apitaLand 4.090 -0.050 ]apitaMall 1.780 +0.040 :if 'Dev 10.240 :omfortDelGro 1.600 -0.040 ]osco Corp 1.230 IBS Grp 13.340 :8cN 3.930 +0.020 ientin: SP 1.130 -0.020 iolden A; ;ri 0.435 -0.005 IK Land 4.660 -0.060 IMH 30.000 +0.280 ISH 17.580 +0.180 lardine C8cC 26.540 keppel Corp 8.400 +0.050 IOL
      103 words
    • 264 12 Reuters Singapore ASIA'S hedge fund industry is recovering from record losses last year and there is growing interest from investors keen to invest in the region's hedge funds, Swiss bank ÜBS AG said yesterday. There have been 20 relatively large hedge funds
      Reuters  -  264 words
    • Business briefing
      • 48 12 THE Singapore Exchange has promoted Benjamin Foo to executive vice-president and made him a member of the executive committee, with immediate effect. Mr Foo will continue as head of operations, reporting to senior executive vice-president and chief operations officer Muthukrishnan Ramaswami.
        48 words
      • 100 12 THE Singapore Exchange and the Association of Financial and Commodity Traders (Singapore) will roll out the Financial Trading Capabilities Development Plan to enhance the trading skillsets of financial trading professionals at the SGX Academy. The plan aims to offer top-tier fi- nancial trading
        100 words
      • 67 12 ARMARDA Group, an information technology services group, has warned that it expects to post a loss for the third quarter ended Sept 30, 2009. It attributed the expected loss to a continued relatively weak financial performance and recovery brought by last year's global
        67 words
      • 40 12 MAP Technology Holdings yesterday reported a 78.8 per cent fall in third-quarter net profits to U*****,000, as its revenue fell 13.2 per cent to US$4O.B million, from US$47.l million a year ago.
        40 words
      • 42 12 LION Asiapac has raised its cash offer for Polaris Metals to 70 Australian cents a share, up from 60 Australian cents previously, after the competing Mineral Resources bid was considered superior by Polaris's board.
        42 words
  • Page 9 Advertisements
    • 145 9 IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF EXCEED TOKIO PTE. LTD. (Company No. *****7688W) (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE OF HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of the
      145 words

  • Page 10 Advertisements
    • 310 10 ENTERPRISE MILESTONES jS. Celebrating Singapores Enterprising Spirit 2009 ACHIEVEMENTS POWERPLUS CELEBRATES A NEW MOMENT IN ITS HISTORY BY WINNING THE ENTERPRISE 50 AWARD 2009 ADDING YET ANOTHER PRIZED ACCOLADE. Homecoming means returning home to where the heart is. 2007 marked the return of POWERPLUS back to its home shores and
      310 words

  • Page 11 Advertisements
    • 383 11 Entrepreneur Seminar for SME Innovative Leadership for Growth (26 October 2009) This one-day program is designed to help entrepreneurs grow themselves, grow their team and grow their company. You will learn new innovative leaderships and cutting-edge coaching skills that help you grow in the 21st century. These include developing personal
      383 words


  • FROM THE DESK OF
    • 927 13  -  Deb Henretta To succeed in the workplace, leaders of today must possess skills of agility, creative problem solving and multi-cultural leadership FROM THE DESK OF Group President, Asia Procter Gamble There has never been a better time to live and work in Asia. Despite
      927 words

  • SINGAPORE
    • 869 14  -  Teh Shi Ning Bahrain's EDB says the kingdom has plenty to offer S'pore companies looking to break into Middle Eastern markets By tshining@sph.com.sg A DRIVE around the island-state of Bahrain, with its stretches of desert and sand-coloured buildings, betrays few signs of a Singaporean presence.
      869 words
    • 338 14 THREE criminal defamation actions filed by members of the Singapore Swimming Club against other club members have been thrown out by the Attorney-General because they were not serious enough to warrant prosecution. "The Attorney-General is of the view that these are appropriate cases
      338 words
    • 457 15  -  Uma Shankari The company that had submitted the higher of two bids withdraws, citing funding difficulties By shankari@sph.com.sg LAGUNA Park, which went up for collective sale last month at $1.2 billion, has failed to attract a buyer so far. The 528-unit leasehold
      FILE PHOTO  -  457 words
    • 257 15  -  Uma Shankari By shankari@sph.com.sg STANDARD Chartered Bank yesterday announced a new service initiative at property showflats through which potential homebuyers will be able to obtain in-principle approval and advice on housing loan quantum and tenor in as little as 15 minutes. To kick-start
      257 words
    • 518 15  -  Siow Li Sen COMMENTARY lisen@sph.com.sg Senior correspondent IT seems that now one can get a home loan in 15 minutes, if you believe the latest hype from Standard Chartered Bank. Okay, so it's not really a water-tight yes from the bank but just approval in principal
      518 words
    • 416 16  -  Conrad Tan They should be advising clients, not selling products, says Swiss banker By conradt@sph.com.sg PRIVATE banks need to focus much more on advising clients on their investments rather than selling products to restore the industry's reputation, a Swiss banker said yesterday. Before the
      416 words
    • 409 16  -  Conrad Tan By conradt@sph.com.sg FORTIS Bank Nederland, the part of Fortis Group that was nationalised by the Dutch government last year, relaunched its Singapore business yesterday and said it plans to expand now that the company has stabilised and rebuilt business lines that it
      409 words
  • Page 14 Advertisements
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      23 words


  • Page 16 Advertisements
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      154 words

  • LETTER FROM ABROAD WITH ASCOTT
    • 739 17  -  Youk Keun Yeh I BELIEVE one can learn a lot when one ventures outside one's comfort zone. Thus, when I first heard about the SIM GE summer programme, I thought it would be a great opportunity for me to further position myself as a
      KEUN YEH  -  739 words
  • Page 17 Advertisements
    • 188 17 SOMERSET JADAF, DUBAI -~m. "M DEFINING BALANCED LIVING IN DUBAI CITY promotional daily rates b I "T1 STARTING FROM ■Mg jlij II At Somerset Jadaf, modern amenities, stylish spaces and attentive services "P^T^Trlr AiJvf 1 r^ IPI L. come together in a perfect blend of comfort, convenience and cultural charms.
      188 words
    • 17 17 THE ASCOTT GROUP A Member of CapitaLand This series is brought to you by The Ascott Group
      17 words

  • WORLD
    • 594 18 AP, Reuters Poor show reflects that US businesses and consumers are still continuing to struggle New York A BIGGER-THAN-EXPECTED quarterly loss at Bank of America and a weak report from General Electric, both Dow components, showed yesterday that US businesses and consumers continue
      AP,; Reuters; BLOOMBERG  -  594 words
    • Briefing
      • 110 18 Reuters jr Media Prima, Malaysia's leading media group, plans to privatise The New Straits Times Press through a share swap to create one of the largest media groups in the country. Media Prima will also raise RMISO million (5562.1 million) through a bond issue
        Reuters  -  110 words
      • 134 18 Reuters jr Malaysia's fourth-biggest lender, RHB Capital, will buy a controlling stake in a small Indonesian bank, a source familiar with the issue said yesterday. Trading in RHB Capital shares was suspended yesterday. A company spokes- woman said RHB Capital would make an announcement
        Reuters  -  134 words
      • 85 18 AFP tk Thailand's finance minister said yesterday that the country's stock exchange was investigating whether the markets were manipulated after anxiety over the king's health sent stocks plunging. Korn Chatikavanij sought to reassure investors that the Thai market was a "good investment choice" after the
        AFP  -  85 words
      • 76 18 Reuters US consumer sentiment fell unexpectedly this month on persistent worries that the "dismal" state of personal finances would not recover quickly from the worst recession in decades, a report showed yesterday. The Reuters /University of Michigan Surveys of Consumers said its preliminary index of
        Reuters  -  76 words
      • 109 18 AP m Mobile phone maker Sony Ericsson said yesterday its losses widened to 164 million euros (Ss34o million) on sagging sales in the third quarter, and announced new financing from external investors. The LM Ericsson and Sony Corp joint venture said losses in the same
        AP  -  109 words
      • 95 18 AFP in The price of oil hit a year-high above US$7B yesterday after official data showed a pick-up for gasoline demand in the United States, the world's biggest energy-consuming nation, analysts said. New York's main contract, light sweet crude for November delivery, reached U5578.17 a
        AFP  -  95 words
    • 490 19  -  Anthony Rowley It says that weak private consumption could endanger economic recovery By btworld@sph.com.sg Tokyo THE Japanese government cautioned yesterday that weak private consumption trends could endanger recovery in the world's second largest economy. The warning came as economists suggested that planned cuts in
      AP  -  490 words
    • 358 19  -  Pauline Ng By btworld@sph.com.sg Kuala Lumpur BURSA Malaysia posted a profit of nearly RM3I million (5512.8 million) for its third quarter to end-August, 12 per cent lower than the preceding quarter. Trading revenue from securities fell by nearly a fifth to RM3B million in
      358 words
    • 497 20 Bloomberg Since falling to a three-year low on the eve of last year's festivities, the benchmark index has surged 104 per cent Mumbai INVESTOR Roshan Chawla will offer thanks to a garlanded statue of Lakshmi, the Hindu goddess of wealth, on Diwali today,
      Bloomberg; XINHUA  -  497 words
    • 351 20 Reuters New York AFTER spending months on the sidelines, hedge funds are hiring again, according to a report released on Thursday that offers new evidence that the worst is over for the badly battered US$l.4 trillion industry. But the multi-million dollar payouts
      Reuters  -  351 words
    • 578 20 IHT Singapore TIMES may be hard in the contemporary art market, but Asian auction houses are fighting the downturn with energy and innovation. Far from pulling back, new players are joining the fray. Last week, sales by two auction houses in Singapore, Borobudur and 33
      IHT  -  578 words
    • 650 21 AP He will pay back USslm received out of a USsl.sm annual salary New York CAPPING a year in which he faced shareholder fury, regulatory scrutiny and was stripped of his chairman post, outgoing Bank of America Corp (BOA) CEO
      AP; REUTERS  -  650 words
    • 436 21 AP Mumbai INDIA'S richest man has announced that he would voluntarily cap his compensation at 150 million rupees (554.5 million) this year, saying that he will get by on about a third of his take-home pay from the previous year. Mukesh Ambani's flagship company,
      AP  -  436 words



  • Page 21 Advertisements
    • 45 21 Get your double dosage of Sunday papers at just $1,201 <Uft*l.7o *Available for copies purchased at Buzz Pods, Cheers, Econ Minimarts, 7-Eleven, Cold Storage, Giant, Guardian, NTUC, Shop N Save, Caltex, Esso-Mobil, Shell, Prologue, Borders and newsstands.Valid every Sunday from now till 8 Nov. Sunday
      45 words

  • SGX
    • 8975 22 52-wks Tel ligh Low Code Company Last Sale Vol Day Last Quote COO0) High Low Buyer Seller Div GrYld Net C'vr P/E M Cap Smil 7 3 3148 8Telecom 1.5 2.5 5834 A-Sonic 13 12 5000 ABR Hldgs 5.5 5.5 1938 AEI Corp 1 1 1100
      8,975 words
    • 1675 25 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E Smil 2.5 5 1181 s AAGrjj 15.5 12 8538 t APStrategic 1 0.5 1501 s Advanced System '.5 2 3480 t Adventus 10 8.5 3518 t Afor 2.5 2 1524 t Alantac 1 3.5 7814 t
      1,675 words
    • 47 25 Up Down Unch 6 4 5 Up Down Unch 0 0 0 Up Down Unch 6 4 5 lulti Ind lanui Fact :unni .ommerce ■inance .onst ruction lotel 5ts~ >ervices >as/ fateF :ure larr Active counters with no volume for todai are not included
      47 words
    • 37 25 MAIN SDQ TOTAL MAIN SDQ TOTAI lulti Ind 34,198 34,198 56, ,744 56,744 TarTUl tecturinj .ommerce -inance .onstruction lotel ists >ervices led 'ater linini iiiarr Sing foreign stocks. Value calculated using Monday's exchange rates.
      37 words
    • 137 25 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 cdca cum
      137 words
    • 668 25 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Oct 12 Trans Date Shareholder/ Director Sell Conv Shares '000 Per ShrS Before (TOO) After ('000) Trans Date Substantial Shareholder/ Director Buy Sell Cony No of Shares '000 Price Per Shr$ SHAREHOLDING Before After ('000) ('000) itock Stock Hersing Corp
      668 words
  • Page 22 Advertisements




  • MARKETS
    • STOCK MARKETS
    • 364 26 Oct IS %dy %yr %dy %yr dy %yr Index Change Change Change Change Change Change World Index Preliminai 817.3 -0.2 20.6 -0.1 21.9 0.0 26.3 EAFE Preliminai 774.8 0.0 19.4 0.3 25.0 0.4 29.5 Euroi Preliminai 1109.4 -0.4 21.7 0.3 28.4 0.4 33.0 Pacific 621.3
      364 words
    • 145 26 Oct 16 lurrencies Bid >$/US$ to one unit of foreign currency: \ustralian dollar 1.2805 Offer Bid Offer 1.2818 0.9198 0.9199 :anadian dollar 1.3449 1.3469 0.9661 0.9667 iuro 2.0740 2.0762 1.4898 1.4900 IZ dollar 1.0338 1.0352 0.7426 0.7429 jterlini 2.2702 2.2728 1.6308 1.6311 IS dollar 1.3921 1.3934 >$/US$
      145 words
    • 72 26 Oct Js\ i (£/tonne) Close Prev Hit ;h/Low )ec09 2127 2095 2136/2084 dar 10 2148 2119 2156/2107 2173 2140 2179/2131 lul 10 2117 2083 2118/2083 lOFFEE (US$/tonne) Close Pev High/Low \lov09 1443 1445 1459/1427 Ian 10 1477 1479 1493/1463 iter 10 1508 unch 1522/1495 SUGAR (US tonne) White Close
      72 words
    • 102 26 Oct Js| SOYBEANS (5,000 bu min; USc/60 lb bushels) Close Previous High/Low Nov 09 983.00 994.00 999.00 971.00 Jan 10 987.75 998.*****2.50 975.00 Mar 10 990.25 999.*****2.50 976.25 May 10 986.75 993.50 995.00 971.00 SOYBEAN/OIL (60,000 lbs; usc/b) Close Previous High/Low Dec 09 36.78 36.18 36.98 35.45 Jan
      102 words
    • 74 26 Octrsll CRUDE USS/barrel (FOB origin) Close Change Brent blend (1-Mth F) WTI (Near Mth) Dubai (1-Mth F) Tapis blend Minas 74.45 0.98 77.54 2.32 73.55 0.76 80.15 0.60 77.20 0.60 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 67.45 80.68 1.18 1.68 USS/barrel Opec Oil Basket Price 73.20
      74 words
    • 60 26 Oct J6\ /oz) >ct >ct long Kong 1057.*****7.10 Oct 14 Oct 15 .ondon 1060.*****8.30 1061.*****9.50 Source: Thomson Reuters SILVER Selling Buying 'assbook 1 oz 24.23 24 Source: UOB >LATINUM/l_on (US$/oz) Oct 15 Close Previous >M Fix 1347.*****6.00 iMFix 1356.*****8.00 Source: Thomson Reuters M-ATINUM /NYMEX (US$/oz) Oct 15 Last Prev
      60 words
    • 59 26 Oct 16 )elivery 4onth Opening Range Sett Price Av Price Low Vol Done Open Positioi Hh \lov09 3ec09 Ian 10 reb 10 2175 2160 2160 2160 2182 2183 2151 1615 5612 2175 2175 2138 6080 ***** 2178 2178 2138 ***** ***** 2175 2175 2140 1383 355S Total o/r
      59 words
    • 67 26 Oct 15 Uuminium, 99.73' mrity (US$/Lonne; Close Previous lash months lopper, Grade A 1880.45 1916.00 1869.00 1905.00 3JS$/tonne) lash J months .ead (US$/tonne; 6269.50 6289.00 6202.50 6220.00 lash months 2183.50 2209.00 2159.25 2185.00 lid tonne; lose 'revious ;ash months "in (US$/tonne; *****.00 *****.00 *****.0( *****.0( lash months *****.00
      67 words

  • PERSPECTIVE
    • Article, Illustration
      1177 27  - War Peace Leon Hadar Why was US President Barack Obama awarded the Nobel Peace Prize? Because the following did not happen Washington correspondent CT 9, 2009. "I have to admit that I'm beginning to miss V^k George W Bush," says former AW HH Republican Senator "Chuck" H^J IB Hagel when
      AP  -  1,177 words
    • 734 27  -  Bala Shankar By ASIA is celebrating prematurely. The number of economic articles that have appeared in print welcoming the so-called Asian Century is beyond count. There are also many books on the subject. Despite having less than 20 per cent of the world economy in their
      REUTERS  -  734 words

  • Wealth
    • 1260 28  -  Genevieve Cua All thanks to ample liquidity, say fund managers. JP Morgan believes emerging markets could retest all time high over the next 12 months. By EMERGING markets have posted an amazing 72 per cent return so far this year, based on the MSCI Emerging
      J.P. Morgan  -  1,260 words
    • WEALTH INVESTING
      • 805 28  -  Joyce Hooi Singapore Reits Neutral DMG Partners Securities, Oct 16 RAISING target prices on lower cost-of-equity assumptions. We are raising our target prices for S-Reits to account for continued low interest rates. We lowered our 10-year risk free assumptions by 50 basis points to 2.5 per cent, resulting
        805 words
      • 1124 29  -  Ben Fok The temptation to do so can be strong as the market rebounds but it's wiser to stay with the familiar CEO, Grandtag Financial Consultancy (S) MANY of my clients have expressed a desire to change their approach to investing, after having gone through the
        STOCK.XCHNG  -  1,124 words
      • 1214 30  -  Teh Hooi Ling SHOW ME THE MONEY Create more opportunities for people to exercise empathy, fairness and reciprocity hooiling@sph.com.sg Senior correspondent STUDIES in biology, psychology and neuroscience have confirmed the naturalness of empathy, sympathy, fairness, justice, reciprocity and community concern. While we possess all these qualities
        STOCK.XCHNG  -  1,214 words



  • Page 31 Advertisements
    • 1053 31 PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (S$) STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (S$) District 1 Trevista Apt 25/09/2009 99 1787 ?614 903* NON-LANDED Trevista Apt 25/09/2009 99 1819 1715 943 The Sail Marina Bay Apt 25/09/2009 99
      1,053 words

  • WEALTH REAL ESTATE
    • 395 32  -  Uma Shankari Market watchers expect demand for the Sengkang and Jurong West flats to be good By shankari@sph.com.sg THE Housing and Development Board launched two build-to-order (BTO) projects yesterday. Fernvale Palms in Sengkang and Boon Lay Meadow in Jurong West will offer a total of
      395 words
    • 602 32  -  Emilyn Yap By emilyny@sph.com.sg RISING competition for shoppers and retailers looks set to extend from Orchard Road to Johor. A sprawling new mall is coming up in the Iskandar Malaysia economic zone and its developer is actively seeking investors and tenants.
      602 words
    • 175 32 MALAYSIAN-listed property developer Eastern Oriental (E&O) is counting on Singaporeans to boost take-up of its Kuala Lumpur project this weekend. E&O is in town to launch Tower A at St Mary Residences, in the Kuala Lumpur City Centre. Launch prices begin at RM1.250
      175 words

  • Page 33 Advertisements
    • 51 33 \^B V -]w* AtirtFMARS" lu #f^:::l ■Mil Ir-; i v ■y^ l^M m M l|.v -^l '■■'i->;..:;:.--'.' i M M 1| '-via, '/^J 'v -*4l 111 Published and printed by Singapore Press Holdings Limited. Co. Regn. No. *****2868E. A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs@sph.com.sg, Fax
      51 words

  • Page 34 Miscellaneous
    • 86 34 5( L *J ■^t _^J^1 Jsmk- nr unn—-*^»»BL. -BBSs i 'm—mtm I Bfl ■jMiftjj|JJ IIM KsmUI llWll MRU IMiSIh!!! 'B B B ii^. -m -y;A v jkW-: 1 iii 19 '^^ymfafr aBP^^S^Bk IB I B' .j^| Hk 't&^vj. iM W -rJfM^to.J t^^*'l«"+*-*a»«H^^H PHOTO OF CHEF MARK BEST OF MARQUE BY
      86 words

  • BT Living
    • DESTINATION DINING
      • Article, Illustration
        2572 35  -  Jaime Ee By TEN years ago, foodies around the world could not have predicted that in the 21st century, foam would be served in the world's top restaurants. Or flavoured jellies. Or that liquid nitrogen canisters would be as common in the professional kitchen as a KitchenAid mixer.
        2,572 words
      • Article, Illustration
        1298 36 Jaime Ee samples some of Sydney's finest Marque 4-5/355 Crown Street, Surry Hills S (612) 9332-2225 Mark Best is an electrician-turned-chef-turned-culinary maestro which means the food at Marque is a beautifully harmonised orchestra of flavours that pays homage to nature while fully embracing modern technology. While the ingredients
        1,298 words
      • Article, Illustration
        639 36  -  Jaime Ee Thai-bom, Singapore-bred Pichet Ong has risen to become one of the top 10 pastry chefs in the US with a distinctly Asian touch BREAKING into the New York dining scene is a formidable task for any aspiring chef, much less an Asian pastry chef whose
        639 words
    • CEOS' HAWKER GUIDE
      • 1290 37 BT Weekend surveys five top stalls where you can savour beef noodles of all types. By Jenny Tan BEEF and noodles how many ways can one cook them? Plenty, it seems. The Teochews, for one, start with a good stock, brewed with enough beef bones to render
        PHOTOS BY YEN MENG JIIN AND ARTHUR LEE  -  1,290 words
      • 626 37  -  Cheah Ui-Hoon Ho Kuen Loon Founder, Origo Ventures By SPEAKING like a true-blue Singaporean, Ho Kuen Loon's idea of "comfort food" is hawker fare, and "comfort dining location" is the humble hawker centre. "That would be the place that my family and I would go to if
        626 words
    • SHOPPING
      • Article, Illustration
        913 38 FJ Benjamin is taking its Raoul brand to the US, where the line has already found favour. By Melissa Lwee FOR any homegrown brand to expand its operations overseas, confidence is a pre-requisite, but to do so in the midst of an economic crisis takes real guts indeed.
        913 words
      • 589 38  -  Melissa Lwee By WHILE many brands have recently found themselves with little choice but to downsize, Calvin Klein Inc finds itself bucking the trend. "There might be a global economic crisis but there are actually many opportunities that are open to companies in the
        589 words
      • 803 38  -  Melissa Lwee Luxury watchmaker Christian Bedat creates a new line. By MOST serious watch brands would not be able to fathom making their watches in Asia, much less take pride in it, but a new company called RedB is going against the grain
        803 words
    • HOME & GARDEN
      • Article, Illustration
        1001 39  -  Geoffrey Eu when i first saw the place, i felt it wasn't really a reflection of my personality, so i told patty three things: new york loft, boutique hotel and funky industrial: Ming Chew personal space Ming Chew mixes business with pleasure by creating a home that doubles
        PHOTOS: ARTHUR LEE  -  1,001 words
    • BEAUTY
      • 1696 40 More top-end hair salons are thinking outside the box to come up with interesting add-on services to entice customers. Melissa Lwee looks at four of the more innovative ones. Jonal Chong Hair Couture #03-15 Orchard Central a 6720-8285 THE founder of Jonal Chong Hair Couture truly
        YEN MENG JIIN  -  1,696 words
    • GADGETS
      • 766 41  -  Christopher Lim Phones that let you multi-task effectively be it in the boardroom or on the dancefloor. I By B fl I OST decent mobile phones these days H^L can handle the demands of work and H U ll play but there's something to be said I H
        766 words
    • WATCHES
      • 570 42  -  Chuang Peck Ming Tim Bourne, a senior vice-president at Christie's, says the number of people attending watch auctions has increased over the past year. By W V y HEN there's a big bidding war at a watch auction, you can be sure there's a lady bidding.
        JOHN HENG  -  570 words
    • SPORTJGOLF
      • 932 43  -  John Dykes kick off with John dykes A COMMON thread ran through several of the most significant developments in football recently. Go back and read the coverage of the Gael Kakuta saga, the passing of Sir Bobby Robson, Arsene Wenger's 13th anniversary at
        932 words
      • 783 43 Golf courses here are doing their bit for Singapore's growing reputation as a top leisure destination. By Justine Moss IT MAY be just a little red dot, but Singapore has developed a notable knack for updating its cityscape and skyline, attractions and entertainment
        783 words
    • MOTORING
      • 569 44  -  Samuel Ee By fl watch Brawn GP driver Jenson Button racked up an impressive lead but has virtually squandered it away in the second half of the season. SO THE question on everyone's mind as Jenson Button tries to wrap up the driver's championship at tomorrow's Brazilian
        AP  -  569 words
      • 740 45  -  Samuel Ee THE CITROEN LIFESTYLE SERIES Get a glimpse of the future of motoring with five Citroen concept cars. By HEN a carmaker wants to project an K B image that say it is bold and for-ward-looking, there is no better statement than a concept car. A
        740 words
      • 692 46  -  Samuel Ee driving style SC Global Racing driver Danny Watts has competed in everything from the Macau Grand Prix and Le Mans, to Formula 3 and A1 GP. By SOME people get hooked on driving after they started playing with toy cars or go-karting. But Danny Watts
        692 words








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    • 1252 43 Wine<Sdllie with BTWeekend Pine Court Chinese Restaurant pike-perch and quail. Together with these innovative presentatins, Level 35, Orchard Wing, Meritus Mandarin Singapore The St. Regis Singapore's Chief Sommelier Derrick Lim has 333 Orchard Road, a 6831-6262/88 painstakingly paired each dish with a delightful selection of Austrian Relish exquisite Cantonese cuisine
      1,252 words


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      31 words