The Business Times, 4 November 2009

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Total Pages: 34
1 34 The Business Times
  • 23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Wednesday, November 4,2009
    23 words
  • 713 1  -  LEE U-WEN Spore recovering; stimuli everywhere need careful phasing out, he says By [SINGAPORE] The Singapore economy will continue to maintain its recovery from the recession and a second dip is unlikely to occur anytime soon, said Prime Minister Lee
    LIM SIN THAI/THE STRAITS TIMES  -  713 words
  • MARKETS DIGEST
    • 89 1 USS SS US$ (S$ per US$) 1.399 (USS/SS per 1.631 2.282 EURO (US$/S$/E) 1.476 2.066 Foreign currency per US$ S$ YEN 90.10 64.40 RM 3.427 2.449 HK$ 7.750 5.542 BAHT 33.43 23.88 RUPIAH 9,590 6,853 RENMINBI 6.828 4.879 INDIAN RUPEE 47.14 33.68 1.116 0.797 NZ$ 1.397 0.998 1COMP 1,242.32
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    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.773 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
  • 587 1  -  RONNIE LIM Tuas Power gives go-ahead to unit to get a jump on its rivals By [SINGAPORE] With the economy healing, China Huaneng the new owner of Tuas Power has decided to go ahead with building a $2 billion clean coal/ biomass cogeneration
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 67 1 jP£p£ UK BANKS ROUNDTABLE SPECIAL REPORT EXECUTIVE MONEY *^I\O«J RBS, Lloyds to sell branches IT: a strategic asset Nj^^i^^ Clean power expo Equity rebound likely as price for Bailout 2 for Asian firms? j comes to town to continue PAGE 2 PAGE 23 PAGES 17-19 PAGE 34 TransportHUß Airlines have
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  • TOP STORIES
    • 719 2  -  NEIL BEHRMANN Banks barred from cash bonuses for high-earners; Asian banks among likely bidders for stakes By in London ROYAL Bank of Scotland (RBS) and Lloyds Banking Group are to sell hundreds of branches and key divisions as part of
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    • 726 2  -  SIOW LI SEN Confidentiality and MAS as regulator are among reasons Reports by [SINGAPORE] Many for-eign-owned banks, especially private banks, are set up here as subsidiaries with local incorporation a fact that is not widely known outside the industry. The decision to either
      FILE PHOTO  -  726 words
    • 346 2 BEING a small and relatively unknown private bank in Singapore has its advantages in attracting the very rich as customers, said VP Bank (Singapore) managing director Reto Isenring. "Clients don't want banks that are on the front page of the Financial
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    • 556 2 Reuters Acquisition by Berkshire is a bet on US economy [NEW YORK] Warren Buffett's Berkshire Hathaway Inc will pay US$26 billion to buy out railway Burlington Northern Santa Fe Corp (BNSF) in what the billionaire investor called a bet on the US
      Reuters  -  556 words
    • THREE-MINUTE DIGEST
      • 68 2 WITH the economy healing, China Huaneng the new owner of Tuas Power has decided to go ahead with building a $2 billion clean coal/biomass cogeneration plant on Jurong Island. Tuas Power apparently wants to be first-in, ahead of other competitors, at the island's
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      • 76 2 THE Singapore economy will continue to maintain its recovery from the recession and a second dip is unlikely to occur anytime soon, said Prime Minister Lee Hsien Loong. "We expect the economy to continue to stabilise, but we are not
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      • 65 2 ROYAL Bank of Scotland and Lloyds Banking Group are to sell hundreds of branches and key divisions as part of an agreement for receiving a further £40 billion (5591.5 billion) from the British government. Northern Rock, the first British bank
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      • 47 2 OVERSEA-CHINESE Banking Corporation is planning to issue US-dollar lower Tier 2 subordinated debt. According to a source close to the matter, this is going to be a benchmark issue with a minimum size of US$5OO million. TOP STORIES, PAGE 3
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      • 53 2 ST ENGINEERING yesterday reported net profit for the third quarter to Sept 30, 2009 feU 6.7 per cent to $120.3 million, from $128.9 million a year ago, largely due to substantially higher taxation and a lower share of results from associates. COMPANY
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      • 53 2 HIT by a sharp drop in other income, Raffles Education Group reported a 55 per cent plunge in its fiscal first-quarter net profit to $14 million. Turnover for the three months ended Sept 30, 2009, also dipped 3 per cent to $51.55 million. COMPANY
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      • 64 2 SINGAPORE-LISTED property trust Saizen Reit said yesterday it had defaulted on a 7.253 billion yen (Ssl 12.65 million) commercial mortgage-backed securities loan. The company said in a statement the "maturity default" was not expected to affect Saizen Reit's ability to operate as a
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      • 66 2 THE oil and gas sector offers Temasek Holdings the opportunity to diversify its investment portfolio and gain exposure to long-term growth in emerging markets, says Temasek investment director Gregory Lanham. Currently, just 5 per cent of Temasek's investments are in energy and
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      • 73 2 CHINA'S banking regulator plans to review debt levels at some real-estate developers on concern the companies' borrowings are fuelling excessive gains in property prices, a person familiar with the matter said. The China Banking Regulatory Commission wants to reduce leverage at developers that
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    • 467 3  -  LYNETTE KHOO Following in wake of lAPB acquisition, move will give its Tier 2 capital a lift By [SINGAPORE] Oversea-Chi-nese Banking Corporation (OCBC) is planning to issue US-dollar lower Tier 2 subordinated debt. According to a source close to the matter, this is
      467 words
    • 388 3 LAT-WP [NEW YORK] Summoned to the ornate Lower Manhattan headquarters of the New York Federal Reserve building on Monday, Wall Street's top bankers were given a Feb 1 deadline to submit proposals for how they plan to improve their pay practices, people with knowledge
      – LAT-WP  -  388 words
  • Page 2 Advertisements
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      113 words
    • 64 2 I, Robert Michael Rawcliffe, divorce, of 50 Bayshore Road #23-05 Singapore ***** intend to marry Nenita Tesiorna Vanzuela, single, of 50 Bayshore Road #23-05 Singapore ***** at The Garden Wall, Sofitel Hotel Manila, Philippines, on November 29th 2009. Any person knowing of any lawful impediment to the marriage should without
      64 words
    • 3 2 PlaceyourAGMandEGM noticesinournewspapen UllMral
      3 words

  • Page 3 Advertisements
    • 167 3 The challenge to supply tomorrow's energy is real. Technology gives us more options. Meeting future energy demand will take more than just oil. We'll need to tap every practical source of energy: including natural gas, coal and renewables. But whatever the source, we'll need technology to help us use it
      167 words

  • COMPANY NEWS
    • 430 4  -  CHEW XIANG It says it continued to get new orders, contracts despite a challenging market By ST Engineering yesterday reported net profit for the third quarter to Sept 30, 2009 fell 6.7 per cent to $120.3 million, from $128.9 million a year
      430 words
    • 285 4  -  CHEWXIANG By SEE Hup Seng said yesterday that a proposal to list its subsidiary Tat Petroleum on the Singapore Exchange mainboard has been rejected by SGX because it may breach its chain listing rule. Rule 210 (6) of the SGX's listing manual
      285 words
    • 547 4  -  VINCENT WEE SHIPBUILDING: MIXED FORTUNES Reports by THE shipping downturn has hit all key operations of Cosco Corp (Singapore) resulting in an 80 per cent plunge in net profit to $22.3 million for the third quarter ended Sept 30, from $113.9 million
      BLOOMBERG  -  547 words
    • 517 4  -  VINCENT WEE It ramped up production with the increase in new yard's productivity By YANGZIJIANG Shipbuilding posted a 17 per cent rise in third-quarter net profit to 554.2 million yuan (*****.8 million) from 475.3 million yuan in the third quarter of last year as revenue
      517 words
    • 196 4 Ml d tjldllltf Nine months ended Sept 2009 Three months ended Sept 2009 NET PROFIT (S$m) TURNOVER (S$m) NET PROFIT (S$m) TURNOVER (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS %CHNG 1 Yangzijiang 340.49 245.23 38.8 1486.31 1136.56 2 STEngg 314.20 371.38 -15.4
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    • 237 4 Reuters [SEOUL] Singapore investment company Temasek Holdings will pump 284.7 billion won (*****.7 million) to buy shares in South Korean light emitting diode (LED) company Seoul Semiconductor and its affiliate. A brokerage that advised on the sale said yesterday that Temasek
      ■ Reuters  -  237 words
    • 403 5  -  OH BOON PING Results hit by sharp fall in other income, higher overheads and lower turnover By HIT by a sharp drop in other income, Raffles Education Group reported a 55 per cent plunge in its fiscal first-quarter net profit to $14 million. Turnover
      FILE PHOTO  -  403 words
    • 203 5 Reuters Property trust says maturity default not likely to affect its ability to operate [SINGAPORE] Singapore-listed property trust Saizen Reit said yesterday it had defaulted on a 7.253 billion yen (*****.65 million) commercial mortgage-backed securities loan. The company said in a statement the
      Reuters  -  203 words
    • 397 6  -  LYNETTE KHOO Deal to take 85% stake in Japan Land's Internet data centre project By A Singapore-headquar-tered private global investment firm has struck a deal to take an 85 per cent equity stake in Japan Land's Internet data centre project for $71
      397 words
    • 354 6  -  OH BOON PING By HELPED by higher margins on certain projects, Baker Technology yesterday reported a more than doubling in third-quarter net profit to $18.7 million, from $8.5 million a year ago. Revenue for the three months ended Sept 30
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    • 366 6  -  TEH SHI NING By THE US financial crisis has strengthened the corporate reputation of Singapore banks and insurers and exacted a toll on US financial institutions operating in Singapore. In a recent post-crisis corporate reputation ranking done by Reputation Management Associates (RMA),
      FILE PHOTO  -  366 words
    • COMPANY BRIEFS
      • 64 6 BROADWAY Industrial Group said net profit for the third quarter to end September 2009 was $8.66 million, up from $2.71 million a year ago due to cost-cutting and greater operational efficiency. It said revenue slipped 19.9 per cent to $136.92 million. The group expects FY2009
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      • 61 6 CHINA Hongxing Sports reported a 78 per cent year-on-year fall in its third quarter net profits to 23.24 million yuan (Ss4.B million). Revenue fell 29.5 per cent to 492.55 million yuan. This was due to the weak consumer market as well as the excess
        61 words
      • 73 6 LION Asiapac yesterday reported net profit of $30.1 million for its first quarter ended Sept 30, up from $930,000 a year ago The increase was due to a $35.3 million gain on the partial sale of shares in Anhui Jianghuai Automobile Co. Revenue
        73 words
      • 64 6 CHINA Hongcheng Holdings warned that its results for its financial first quarter ended September 2009 is expected to show a 'significant decline in profits compared to the respective previous corresponding periods'. It said this was attributable to the fall in selling prices and profit margins
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      • 88 6 UNITED Envirotech Ltd said it has secured 264 million yuan (5554.2 million) worth of engineering, procurement, and construction (EPC) contract to build one of China's largest municipal Membrane Bioreactor (MBR) plants in Guangzhou City. The contract is expected to be completed by June 2010
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      • 103 6 AusGroup's net profit for the first quarter ended Sept 30, 2009 slumped 70.4 per cent from a year ago to A 51.72 million (552.2 million) as its revenue came under pressure. Revenue for the first quarter contracted 43 per cent from a year ago to
        103 words
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    • 843 4 DMX TECHNOLOGIES DMX TECHNOLOGIES GROUP LIMITED (Incorporated in Bermuda on 29 October 2001) (Company Registration No. *****) NOTICE IS HEREBY GIVEN that a special general meeting (the "SSM") of DMX TECHNOLOGIES GROUP LIMITED (the "Company") will be held at Amara Hotel Singapore, Level 3, Connection Room 2,165 Tanjong Pagar Road,
      843 words

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  • Page 6 Advertisements
    • 1821 6 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore. Co. Reg. No. *****2868E NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Fifth Annual General Meeting of the Company will be held at The Auditorium, 1000 Toa Payoh North, News Centre, Ist Storey, Annexe Block, Singapore *****4 on Friday, December
      1,821 words

  • Page 7 Advertisements
    • 1326 7 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore. Co. Reg. No. *****2868E Mj. 1 In I r«3"X.^fc^iaiib*TiiT*T7iTTiTal 7*jiTiL^^^"TiTil aiL^l V Hj\ 'mm.:. v lA^L^Bl*^L* LjA.i_^J*J Jr»l JJj^iJjj Despite a very challenging global economic environment in 2008, SPH's performance has been Beyond Singapore, 701 Search Pte Ltd launched its latest online classifieds
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  • CUSTOMER SATISFACTION INDEX OF SINGAPORE
    • 1038 8 ISES says it is more important than improving areas from which customers do not expect more, reports UMA SHANKARI FOR a company to deliver service excellence, it has to first understand what its customers want, the latest edition of the Customer Satisfaction Index of Singapore
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    • 606 8  -  TEH SHI NING By CUSTOMERS are less satisfied with the three telcos this year than they were a year ago, going by the latest Customer Satisfaction Index of Singapore (CSISG) 2009. Overall, the mobile telecom sector's score dipped 0.87 of a point from
      BLOOMBERG  -  606 words
    • 705 8  -  FELDA CHAY By THE international aviation industry might have slashed air ticket prices in the past year to keep demand from nosediving, but that does not mean that the service provided to passengers has seen a similar drop. In fact, results from the Customer
      705 words
    • 706 9 The findings of the latest Customer Satisfaction Index of Singapore revealed there are three types of customers, reports UMA SHANKARI TO DELIVER what customers want, a company has to understand what kind of customers it has. The findings of the latest Customer Satisfaction Index of Singapore (CSISG)
      706 words
    • 549 9  -  TEH SHI NING By SINGPOST stood out from its peers in the courier and postal services sub-sector as the only one to up its score in the Customer Satisfaction Index of Singapore (CSISG) 2009. Ensuring the customer is satisfied may appear to
      549 words

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    • 324 9 r:r:S!^BH^»^ HOW SATISFIED ARE YOUR CUSTOMERS? \k£ SMU >" J~i*~"--O?;^^^ DL r, x j.- x j.- xo- ,™,o™ SINGAPORE MANAGEMENT -~O>C^HS^ Based on face-to-face interviews with consumers, the Customer Satisfaction Index of Singapore (CSISG) measures and university p-;-;——^T^>jl b reports the overall customer satisfaction scores across sectors, sub-sectors and companies
      324 words

  • SINGAPORE MARKETS
    • 615 10  - Factory output drives S$ to week high against OH BOON PING CURRENCIES Singapore's PMI for October shows manufacturing has expanded again HEALTHY factory output figures drove the Singapore dollar to a one-week high of 2.2805 against the British pound in early trading yesterday. And some players now target 2.266 as
      615 words
    • 224 10 Changes since Dec 31,2008 YEAR TO DATE NOV 3'09 HIGH LOW CLOSE CHNG US$ vs CURRENCY JPY 89.98 -0.69 101.45 87.11 SGD 1.3995 -2.15 1.5579 1.3897 IDR 9585 -11.66 ***** 9335 THB 33.43 -3.70 36.31 33.31 CNY 6.8278 0.07 6.8560 6.8190 MYR 3.4280 -0.64 3.7370 3.2195 CURRENCY
      224 words
    • 97 10 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 4 9 4 0 0 0 4 9 4 Manufacturing 27 90 63 13 29 96 76 Commerce 39 19 44 23 )t/Stor/Comms 19 11 20 11 Finance 23 23 Construction 10 11
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    • 117 10 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 41.243 41.243 117.105 117.105 Manufacturing 272.639 49.229 321.868 166.902 3.608 170.510 Commerce 98.628 22.023 120.651 86.595 4.621 91.216 Tpt/Stor/Comms 86.078 9.884 95.962 124.572 2.409 126.981 Finance 39.698 39.698 227.418 227.418 Construction 25.578 3.979 29.557 7.808 106 7.914 Properties 109.361
      117 words
    • 113 10 Stock name Close Chai Stock name Close Cham CapitaLand 4.130 -0.100 Noble Grp 2.510 -0.110 CapitaMall 1.600 4-0.020 OCBC Bk 7.590 -0.040 CityDev 9.810 -0.080 Olam 2.630 -0.060 ComfortDelGro 1.530 -0.010 SGX 7.850 -0.140 Cosco Corp 1.100 -0.020 SIA 13.520 4-0.020 DBS Grp 12.960 -0.080 SIA
      113 words
    • 831 10  -  CONRAD TAN Property Sector OCBC INVESTMENT RESEARCH, Nov 3 ACCORDING to the Urban Redevelopment Authority's (URA) data, developers continue to delay the completion schedules of their office developments in Q3 2009. Office space expected to be completed in 2009 had declined by 11.1 per cent q-o-q to 2.9
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    • 534 10  -  R SIVANITHY STOCKS AFTER a slow first half, yesterday's trading session picked up pace as the day wore on. Unfortunately, this was not towards the upside; rather, the patchy and sporadic selling, which was evident in the morning gathered speed
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    • 4 10 DAILY
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    • 60 10 CLOSE BT OB/OS -1051.00-107.00 BT CADI -*****.00-227.00 BT 10-day MA -*****.00-106.00 FTSE ST Mid Cap 616.38 -3.58 FTSE ST Small Cap 512.27 -11.20 FTSE ST All Share 645.34 -5.98 FTSE ST China Top 260.99 -5.81 FTSE ST China 283.21 -6.36 FTSE ST Catalist 1245.82 -63.68 FTSE ST
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    • 61 10 VOLUME Golden Agri 55,744,000 Gentinq SP 46,081,000 Uni Envtech 37,103,000 Transcu Grp 28,215,000 MiddleEastD 25,003,000 Yinq Li 22,013,000 Capita Land 21,824,000 Memstar 20,752,000 CapitaComm 18,113,000 Novena 16,267,000 VALUE(S) Capita Land 92,082,680 UOB 91,130,760 Keppel Corp 65,251,735 SGX 58,540,910 Gentinq SP 48,772,860 Sing Tel 43,370,300 Wilmar 39,966,040 Noble
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    • 105 10 CLOSE UP JMH 3084 117.5 2.8 GLD 10US$ ***** 104.9 0.7 OCC 3.93% NCPS10 8120 70.0 0.9 DBXT S&P Short 10US$ 5906 50.4 0.6 DBXT Ni 10US$ ***** 29.4 0.2 iland.ES.0911 423 18.0 4.4 STXPO 100 1314 18.0 1.4 UOB.ES.0911 1742 18.0 1.0 UOB 1742 14.0 0.8 SIA 200
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    • 122 10 CLOSE DOWN 5176-256.0 -3.4 DBXT FTVietnam 10US! Euro 10 US! 1232-110.5 -6.0 DBXT FTChina25 10US$ 2983-100.7 -2.4 Jardine C&C 2256 -50.0 -2.2 China H 10US$ 1620 -47.6 -2.1 India Ni 10 1386 -37.0 -2.6 MS India 10US$ 1328 -33.6 -1.8 Kei Con 788 -21.0 -2.6 DBS Bk6% NCPS 10
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    • 84 10 iere! S$ stands Nov 3 CHNG CLOSE FRN0V2 YR2009 S$ LOW S$ HIGH USS 1.3995 -0.06 1.5579 1.3897 Euro 2.0655 0.11 2.0952 1.9150 Pounds 2.2843 0.47 2.4366 2.0356 AS 1.2544 1.04 1.2900 0.9453 Yen* 1.5553 -0.26 1.7278 1.4831 Rupiah* 0.***** 0.20 0.***** 0.***** Baht* 4.1870 -0.07 4.3390 4.1040 Peso*
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  • SINGAPORE NEWS
    • 449 11  -  RONNIE LIM The challenge is to review the amount of capital needed and returns By THE oil and gas sector offers Temasek Holdings the opportunity to diversify its investment portfolio and gain exposure to long-term growth in emerging markets, says Temasek investment
      449 words
    • 296 11  -  ONG BOON KIAT By BUSINESSES and consumers here will soon be able to use Chinese characters as domain names for their .sg websites. The Singapore Network Information Centre (SGNIC), the national registry for domain names, announced the move yesterday and said it will
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    • 161 11 SWISS drug maker Roche yesterday opened two Singapore manufacturing facilities that which will produce drugs to treat cancer and eye problems that lead to blindness. The two facilities, which involve a US$5OO million investment from Roche, will produce Avastin and Lucentis. The plants already employ 330
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    • 183 11 MID to senior-level IT job opportunities in the fast-moving consumer goods (FMCG), pharmaceutical and healthcare industries with annual salaries of between $100,000 and $150,000 stayed healthy during the third quarter of this year. Also in demand: experienced infrastructure management practitioners with
      183 words
    • 346 11  -  NISHA RAMCHANDANI By CHRISTMAS is coming early to Singapore. A Christmas in the Tropics campaign will stretch from this Saturday, Nov 7 to Jan 3 next year, bringing promotions and festive performances to Orchard Road and Marina Bay. This year the Singapore Tourism Board (STB)
      DESMOND WEE/THE STRAITS TIMES  -  346 words
    • 456 11  -  LYNETTE KHOO Survey also shows Asia less affected by global crisis By SINGAPORE businesses are most positive about their domestic regulatory and taxation environment among those surveyed across Asia, Europe, US and the Gulf, the latest survey by The Institute of Chartered Accountants in
      456 words
    • 384 11  -  RONNIE LIM Spore also intends to be industry's thought leader By SINGAPORE, which is already a major regional oil hub, intends to identify new growth opportunities to capitalise on the shift of the global energy market's centre of gravity to Asia, said S
      384 words
    • 464 11  -  ARTHUR SIM 'By GOING against the global trend, Singapore's Purchasing Managers' Index (PMI) dipped to 50.2 in October, down 0.4 of a point from September's 50.6 and way down from August's 54.4. The Singapore Institute of Purchasing Materials Management (SIPMM) attributed the latest reading
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  • ECONOMY WATCH
    • 653 12 Reuters Ministers to discuss forecasts and their bearing on reducing deficits next week [BRUSSELS] Europe's economy will rebound next year from a deep slump and accelerate in 2011, the European Commission said yesterday. The finding paves the way for major deficit cuts
      – Reuters  -  653 words
    • 639 12 neuters, Bioomoerg Obama says govt to tackle debt, help spur job growth [NAPLES, Florida] White House economic adviser Paul Volcker said that his meeting on Monday with President Barack Obama focused in part on reducing US economic reliance on consumer spending. The alternatives to
      neuters, Bioomoerg; AFP  -  639 words
    • 393 12 Reuters [NEW YORK] The prices of investment-grade commercial real estate rose more than 4 per cent in the third quarter, possibly signalling an end to the sector's year-long downward spiral, according to an leading property index released yesterday. The 4.4 per cent
      Reuters  -  393 words
    • 251 12 Reuters [SYDNEY] Australia's central bank raised interest rates for a second straight month yesterday as it steadily withdrew stimulus from an improving economy. The Australian dollar dipped and bill futures rallied as investors detected a hint of caution in the Reserve Bank of
      Reuters  -  251 words
    • 206 12 Reuters [WASHINGTON] The US Treasury Department said on Monday that it expected to borrow a net US$276 billion through sales of marketable debt during the current quarter, much less than it previously anticipated. The fourth-quarter borrowing total was US$2O9 billion less than forecast in
      Reuters  -  206 words
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    • 200 12 I r M Exceptional W beyond the ovtranrHinan/ f Achievements Fxrpllpnrp extraorainary f txcenence h a cut g^g v with a heart A therest for the r J ft community w M Nominations for SYA 2010 are now Open. Youths who demonstrate excellence Award Categories with a heart. Role models
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  • MALAYSIA/INDONESIA
    • 511 13  -  S JAYASANKARAN NEWS ANALYSIS Phasing out car import licences a right move but likely to meet resistance By in Kuala Lumpur MALAYSIA'S National Auto Policy (NAP), which was unveiled last week, has been described by analysts as a step in the right direction
      511 words
    • 237 13 -AP [KUALA LUMPUR] A Malaysian government lawmaker and five other politically linked people were charged yesterday with corruption in unrelated cases, hitting both the ruling coalition and opposition alike. Abdul Rahman Bakri, a parliamentarian of the ruling United Malays National Organisation party, pleaded
      -AP  -  237 words
    • 351 13 AFP Recording played in Indonesian court implicates president [JAKARTA] Potentially explosive wiretap recordings allegedly demonstrating a high-level conspiracy to muzzle Indonesia's an-ti-graft agency were played in court for the first time yesterday. The recordings have been presented as evidence of collusion between police, prosecutors
      AFP  -  351 words
  • Page 13 Advertisements
    • 353 13 £Eft«M*B&Du*33>f<«*X,tta7J*'f<ilH &mm, fij*sF*» &m>m r±ai* t mzm mitswimm, pa ß *iittfe!it [&i£: 6372 1283 ff Jl: 6372 1282 P&ft|s: uesol@singnet.com.sg J Jasper (Company Registration No. *****09B3H) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting of the Company will
      353 words
    • 84 13 ,-^fl -^S-^SKg^K'" Terms and conditions apply ,%?rT*_ s*^-^-^^^ --f-'fe^'f^-^r-^'' /Me SB"^ Ser/iad (*****-P) "^i. <S^"S~s€^?^ (Incorporated in Malaysia) CIMB Bank Credit Card Centre Raffles Place, 50 Raffles Place #01-02, Singapore Land Tower, Singapore *****3. Operating Hours: Mondays to Fridays from 9.00 a.m. to 4.30 p.m., closed on Weekends and Public
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  • GREATER CHINA/INDIA
    • 510 14 Reuters It hails govt move to increase land supply to the market [HONG KONG] The International Monetary Fund (IMF) said yesterday it shares Hong Kong's concern that the city may face sharp asset price inflation and encouraged the government to look at
      Reuters  -  510 words
    • 678 14 Bloomberg Move to cut firms' leverage on fears borrowings fuel too rapid price surge [BEIJING] China's banking regulator plans to review debt levels at some real-es-tate developers on concern the companies' borrowings are fuelling excessive gains in property prices, a person familiar with
      Bloomberg; AFP  -  678 words
    • 289 14 Bloomberg [BEIJING] China's consumers can replace their counterparts in the US as an engine of world economic growth, said Jim O'Neill, chief global economist with Goldman Sachs Group Inc. Annual increases in Chinese consumption already more than offset declines in the US,
      Bloomberg  -  289 words
    • 170 14 -AFP [SHANGHAI] The HSBC Champions this week is set to become the biggest televised golf event in Asian history, with the tournament being beamed into 500 million homes, organisers say. The event in Shanghai has been elevated to World Golf Championship status and with Tiger
      -AFP  -  170 words
    • 830 14 Reuters Sale surprises traders; relieves bearish risk of open-market bullion sale [MUMBAI] The International Monetary Fund has sold 200 tonnes of gold to the Reserve Bank of India for US$6.B billion, quietly executing half of a long-planned bullion sale
      Reuters  -  830 words
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    • 491 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF RHEMA INFORMATION SYSTEMS PTELTD [IN MEMBERS' VOLUNTARY LIQUIDATION) [Co. Reg. No *****0129 M] NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of RHEMA INFORMATION SYSTEMS PTE LTD duly convened and held at 1
      491 words
    • 271 14 LINAIR LINAIR TECHNOLOGIES LIMITED (Registration No. *****5699 D) (Incorporated in the Republic of Singapore) Unless otherwise stated, the capitalized terms not defined herein shall have the same meanings ascribed to them in the Company's announcements dated 21 October 2009 and 30 October 2009 in relation to the adjustment to exercise
      271 words

  • ASIA-PACIFIC/WORLD
    • 340 15 US DATA [NEW YORK] Orders placed with US factories rose in September for the fifth time in six months, reinforcing signs that manufacturing will drive the economic recovery. Bookings increased 0.9 per cent, exceeding the median forecast of economists
      340 words
    • 544 15 Bloomberg, AP Court rules treaty doesn't violate the nation's Constitution of the treaty, which is designed to transform Europe into a more unified and powerful global player. The charter, which was bogged down in negotiations for almost a decade, has been ratified by all other
      Bloomberg, AP; AP  -  544 words
    • 303 15 ■AFP [SEOUL] North Korea announced yesterday it has produced more plutonium for its atomic weapons programme, putting further pressure on the United States to start direct talks. The communist country "successfully completed reprocessing 8,000 spent fuel rods by the end of
      ■AFP  -  303 words
    • 555 15 Bloomberg Aberdeen, Standard Life cut their holdings citing valuations, earnings [EDINBURGH] Scotland's two biggest fund managers say it's getting tougher to make money from Asian stocks. Aberdeen Asset Management has been reducing its holdings because of their valuations compared with other
      Bloomberg  -  555 words
    • 510 15  -  CHUANG PECK MING It worries about demand once rescue packages are eased By [SINGAPORE] Stagnating real wages and low productivity around the world, which led to more debts, contributed to the recent global recession, says the International Labour Organization. And now, with the
      510 words
  • Page 15 Advertisements
    • 105 15 Cities: Colombo, Kandy Dambulla Dates: 16-22 November 2009 WHAT TO EXPECT? Discover the immense [jjj potential opportunities in HHpHJII HHHMHH Sri Lanka! BmhJi Visit Export Promotion Zones ■■■■■I (EPZs) Sea Port Rare opportunity to interact KUtt|U^^^^w^^^£U| with: Hjjm => Senior government officials => Key industry players from the leading Chambers
      105 words

  • WORLD
    • 551 16 ■AP Blames accounting charges of 2.15b francs for keeping it in the red [ZURICH] Swiss bank ÜBS reported a third-quarter net loss of 564 million Swiss francs (***** million) yesterday, blaming accounting charges of 2.15 billion francs for keeping it in the red.
      ■AP  -  551 words
    • 425 16 ■AFP [LONDON] Iceland and London are among the world's best-value destinations thanks to the economic crisis, travel guide firm Lonely Planet said Tuesday. Thailand still remains tough to beat. South Africa, India, Malaysia, Mexico, Bulgaria, Kenya and Las Vegas in Nevada rounded
      ■AFP; PHOTOS: BLOOMBERG, AFP  -  425 words
    • 282 16 -NYT [DETROIT] The US government has granted General Motors permission to use US$2.B billion in borrowed money to help its former parts division, the Delphi Corp, GM said in a regulatory filing on Monday. GM said that it received US$l.7 billion last
      -NYT  -  282 words
    • 513 16 NYT [WASHINGTON] It could be yet another opportunity for Goldman Sachs to come out a winner from the financial crisis that it helped create, but the Treasury Department appears poised to squash it. Treasury officials confirmed on Monday that Goldman Sachs, which
      NYT  -  513 words
    • 388 16 US Supreme Court split on judges 1 role Bloomberg Landmark ruling on mutual funds' fees on the cards [WASHINGTON] US Supreme Court justices signalled they are split over the role judges should play in reviewing the compensation of mutual fund advisers in a case that might force reductions in the
      Bloomberg  -  388 words
    • 346 16 Stanley Works to buy Black Decker for US$3.5b Bloomberg [NEW YORK] Stanley Works agreed to buy Black Decker Corp for about US$3.5 billion, combining the two largest US toolmakers in an all-stock transaction. Based on Stanley's closing stock price, the offer values Towson, Mary-land-based Black Decker at U5557.57 a share,
      Bloomberg  -  346 words

  • CLEAN ENERGY EXPO ASIA
    • 759 17 It is the first-ever gathering under one roof of leaders from the technology, services, finance and government sectors CORPORATE honchos, renowned research names and policymakers will convene in Singapore this month for a three-day meeting on developments in Asia's renewables and energy efficiency scene.
      FILE PHOTO  -  759 words
    • 717 17 WHEN Singapore's Energy Market Authority (EMA) first flagged plans two years ago to let households choose the service provider they wanted to buy electricity from, there were not a few raised eyebrows as to how this vision could materialise. Would it mean more
      717 words
    • 2866 18 OVERVIEW IT'S been a somewhat gloomy year for solar power players. Hurt by a financing squeeze and a demand slump amid the recession, the industry winced even more when Spain's once-glorious photovoltaic (PV) market crashed as the government retracted its generous subsidies. Still,
      2,866 words
  • Page 17 Advertisements
    • 226 17 WM NANYANG FTI NORWEGIAN SCHOOL z€& dtesg, technological mi 23 OF MANAGEMENT UNIVERSITY U iviminmudividin iPScHOOL Nanyang Business School |fvfiP£ EXECUTIVE MBA >v jWj '^nm IN ENERGY i f J i -jt Empowering managers to fjj 1 recharge the energy industry The Business School with Singapore's #1 MBA* programme CRanked
      226 words
    • 135 17 SGHT OF The Solar Energy Research Institute of Singapore (SERIS) is Singapore's national M institute for applied solar energy research. Our mission is to conduct research and op d I o development for a sustainable energy supply based on solar resources, with special focus on the development of materials, components,
      135 words


  • Page 19 Advertisements
    • 14 19 ____^_^___tf --t. ______^__k. ________^k. AmW *k,mmmm\ ______^^____H X ______^^^___H _V^_________________^^___________k mmmmmWm% mm^m^^^' j—Wmmm jt^^^^^^
      14 words

  • Transport HUB
    • 501 20  -  YEN SREENIVASAN Industry has raised USs4.sb in equity and over USs2ob of new debt By [SINGAPORE] The weak improvement in business has helped airlines raise almost US$B billion of new funds in the past two months, according to the International Air Transport Association (lata).
      BLOOMBERG  -  501 words
    • 1094 20  -  DAVID HUGHES STRAIT TALK Credit crisis makes it tougher for industry to renew aging fleet By LOOKING at the report just sent to me of Interferry's recent 34th annual conference in Istanbul I regret that I was not able to attend it, or indeed that I have
      1,094 words
    • TRANSPORT STOCKS
      • 106 20 '000 CH Offshore 0.66 Chuan Hup Hldgs 0.33 Cosco Corp 1.10 CWTLtd 0.65 Ezra Hldgs 1.85 First Ship Lease 0.60 Freight Links 0.05 Grand Banks 0.40 laya Hold Ltd 0.42 KiVentures 0.17 Keppel Corp 7.88 Mercator Lines 0.30 MTQCorp 0.73 NOL 1.54 Pacific Shipping 0.26 Pan-United Corp 0.53 Rickmers
        106 words
      • 31 20 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.93 8.90 8.90 3.06 3.06 unch 0.01 0.04 unch -0.02 unch unch 122 208 2490 114 15 0
        31 words
      • 12 20 ■oo ■recious Ship Jegional Cont .18.00 .10.60 -0.20 -0.10 1068 456
        12 words
      • 11 20 '000 Doil iingamas Cont 37.40 1.47 -0.55 -0.03 423 6726
        11 words
      • 22 20 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 8.10 20.50 1.94 unch -0.20 unch -0.06 unch 23 1061 6 0
        22 words
      • 17 20 Evergreen Marine ....16.10 :irst Steamship 43.70 /Van Hai Lines 15.05 -0.10 1.40 unch 8 5 2
        17 words
      • 40 20 '000 (awasaki Hvy Ind ..222.00 -9.00 ***** (awasaki Kisen 326.00 -12.00 7139 Mitsubishi Hvy 318.00 -8.00 ***** Mitsui Eng&Sbldg...230.00 -10.00 7155 Mitsui Osk Lines 541.00 3.00 ***** Mippon Express 367.00 -9.00 3760 MipponYusen 338.00 -3.00 6059 iource: Thomson Reuters
        40 words
    • 694 20  -  KENICHI KUROYA By "X" Line's presence in Singapore started as a ship agency in 1973, after being represented by NOL Agency. Since then, it has also expanded into warehousing and logistics functions. Today, the group provides its customers with a complete suite of transport
      BLOOMBERG  -  694 words
    • TRANSPORT HUB: AVIATION
      • 423 21  -  YEN SREENIVASAN Move will enable it to operate in new, booming markets across Asia-Pacific By [SINGAPORE] In a move to capitalise on the strong economic recovery across the Asia-Pacific, express logistics giant FedEx is aggressively expanding into sea freight forwarding in a bid to
        AP  -  423 words
      • 677 21 -Reuters It may end ties with Boeing as talks on new jet orders stall [DUBLIN] Irish budget airline Ryanair sent a fresh warning to planemaker Boeing over a large order, saying it could curb its once unstoppable growth as limits emerge in its
        -Reuters  -  677 words
      • 395 21 -AP [WASHINGTON] Lawmakers are moving to ban the use of computer laptops and other personal electronic devices in the cockpit to prevent another incident like the Northwest Airlines plane that overshot Minneapolis by 240 kilometres. Byron Dorgan, chairman of the aviation sub-committee, said in
        -AP  -  395 words
      • 271 21 -AFP [WELLINGTON] Air New Zealand said yesterday it will buy 14 new Airbus A3 20 aircraft to replace its domestic fleet of 15 Boeing 737-300 planes. The airline said the 14 aircraft had a list price of more than US$l billion
        -AFP  -  271 words
      • 2820 21 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI 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
        2,820 words
    • TRANSPORT HUB: LAND
      • 707 22  -  SAMUEL EE Some go on model offensive, others invest in new showroom Reports by AS THE new car market contracts sharply this year and the next, most distributors agree that automotive brands which are less established may stall and perhaps even disappear. Not all
        707 words
      • 513 22 MINIVAN sales are steadily increasing across Asia and the popular Toyota Wish MPV is likely to be a core model for the Japanese car maker in future. Toshihiro Oi, the Toyota chief engineer in charge of the new Wish multi-pur-pose vehicle, says
        513 words
      • 264 22  -  VINCENT WEE By TNT's healthcare sector business got a boost by being the first express integrator in Singapore to receive the Health Sciences Authority's Good Distribution Practice for Medical Device in Singapore (GDPMDS) accreditation, which recognises the compliant quality standards of TNT's healthcare service
        264 words
      • 394 22  -  SAMUEL EE They colluded on ticket prices to destinations in Malaysia By SIXTEEN coach operators and their trade association have been fined a total of $1.69 million for fixing the price of Singa-pore-to-Malaysia bus tickets. The Competition Commission of Singapore (CCS) announced the
        394 words
      • 297 22 AFP [CHICAGO] Ford Motor Co on Monday posted surprise earnings of nearly a billion dollars in the third quarter and said it was on track to become "solidly profitable" by 2011 after years of painful losses. The number two US automaker swung to a
        AFP  -  297 words
  • Page 20 Advertisements
    • 114 20 DRAGONS" W t^ phenol. Honmg fe IT'^- I :f J IWUM' Get your copy from any 2M Spinelli outlet at $5.50 and get a ■^•B Jtt complimentary Spin or Latte! WELCOME THE DRAGON CHIPS Look out for a revival in the S-chips in the November issue of Pulses, out now
      114 words
    • 139 20 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO TRADE RATE RESTORATION FOR BELAWAN TRADE SECTOR Feeder rates in the Belawan trade sector have deteriorated to the extent that they are no longer sustainable. In order to enable feeder operators to maintain their level of service and commitment to the Belawan trade
      139 words

  • Page 21 Miscellaneous
    • 313 21 CRYPTIC CROSSWORD Across 4 Seeming to be a quiet dad I I agree more! (3,3) j 10 Push out rubbish for moralist ri f P^T 113 f to consume (8) 11 Listen to army fighter in South America suffering (9) 14 Secret lad, he, involved with 1 16 I j
      313 words

  • Page 22 Advertisements
    • 100 22 £^5» orient marine pte ltd Exclusive Agent Of Trenton Anti-Corrosion Materials TRENTON Invitation to Seminar Organized by Orient Marine Pte Ltd "Critical Issue on Corrosion Protective Coating" Mr. Benjamin T.A. Chang, PhD, PE By Poly Lab LLC, Houston,TX ***Admission will be based on invitation only*** Interested party is requested to
      100 words
    • 521 22 SUNIHINI HOLDINGS LIMITED SUNSHINE HOLDINGS LIMITED (Company Registration No. CT-*****5) (Incorporated in the Cayman Islands) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting (EGM) of Sunshine Holdings Limited (Company) will be held at 9:30 a.m. on 20 November 2009 at Concorde Hotel, Studio 2,
      521 words

  • BT-NBS ROUNDTABLE
    • 3436 23 OVERVIEW AS Asian firms globalise, they face many challenges. Information technology (IT) can deliver greater value in coordinating and complementing the distributed resources and global digital assets of the organisation. In an ongoing Nanyang Business School-Business Times Roundtable discussion series, research board members
      3,436 words
  • Page 23 Advertisements

  • EDITORIAL & OPINION
    • 445 24 THE Enterprise 50 (E-50) Awards, which are presented every year to unlisted small and medium local enterprises (SMEs), invariably reveal something about the state of corporate Singapore. The 15th E-50 Awards which were held on Monday were no exception. That the event has grown in size this
      445 words
    • 988 24  -  RALPH JENNINGS Reuters Seeing the growth potential, major firms are using this strategy to sell products in region By FOR hundreds of diners in Taiwan, 22-year-old Sheena Tsai is the billboard for Carlsberg, a Danish beer vying for a slice of Asia's competitive
      Reuters; REUTERS  -  988 words
    • 774 24  -  FRANK CHING THE BOTTOM LINE US PRESIDENT Barack Obama begins an Asian trip next week that will take him to Japan, Singapore, China and South Korea. This is a welcome sign of a renewed American emphasis on Asia. Clearly, the China portion
      774 words
    • 862 25  -  ROBERT SAMUELSON Deprived of credit, defaulting countries in the past have suffered deep economic downturns, hyperinflation, or both THE idea that the government of a major advanced country would default on its debt that is, tell lenders that it won't repay them
      BLOOMBERG  -  862 words
    • 880 25  -  MATTHEW LYNN THE UK government needs to start thinking about what it will do with all the banks it now owns. The answer is simple: Hand them to the people. In the 1980s, Britain led the world with a radical economic experiment.
      880 words
    • 208 25  -  Richard Teng LETTERS TO THE EDITOR WE refer to the article "Shadow of protectionism in SGX's stand on Li Heng" (BT, Nov 2). We are disappointed with the writer's lack of understanding and cursory conclusion. Delisting is a major corporate decision that
      208 words
    • 582 25  -  WE refer to the Hock Lock Siew commentary titled "Just move on, Star Hub" (BT, Nov 3). We thank the writer for his views and agree wholeheartedly with him that it is time to move on. In fact, moving on and
      582 words


  • SINGAPORE STOCKS
    • 8829 26 Transaction date: Nov 3 Hii Low Code Col Sale COOP) Hii Low Bl Seller C'vr P/E $mil 17 3 3148 8Telecom 9.5 25 5834 A-Sonic 34 12 5000 ABR Hldgs 155 55 1938 AEI Corp 8 1 1100 AEM 23 75 2101 APOil 93 35 5550 ARA 8
      8,829 words
    • 1665 27 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld Net C000) High Low Buyer Seller C'vr P/E M Cap $mil 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Vld Net ('000) High Low Buyer Seller C'vr P/E
      1,665 words
    • 383 27 Hii Low Code Comi Sale 1000) Hii Low Bm Seller Cvr P/E imil 111 101 6389 ABFSG Bond ETF 108 -3 807 427 CIMBAsean40 100US$ US765 unch 276 149 DBS STI ETF 100 265 -1 4627 3534 DBXT DJE50 10US$ US4417 3164 1682 DBXT FTChina25 10US$ US2983 -72
      383 words
    • 257 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
      257 words
    • 9338 27 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.039/ AIGIF S'pore Bond Fund/^- 1.353/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.09/ APS Alpha Fund (USD)!** 0.78/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXAWM -Talents
      9,338 words
  • Page 26 Advertisements


  • FINANCE & COMMODITIES
    • 378 28 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Nov 2 World Index Preliminan 784.6 0.4 15.8 0.4 17.1 0.5 20.8 EAFE Preliminai 743.5 -0.2 14.5 -0.2 20.0 -0.1 23.8 Euri Preliminan 1063.2 0.6
      378 words
    • 130 28 As at 9am Nov3 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2660 1.3050 Can dollar 1.3430 1.3590 Euro 2.0610 2.0870 NZ dollar 1.0270 1.0500 Sterlini ind 2.2460 2.2731 US dollar 1.3840 1.4000 Local dollars to 100 units of foreign currency:
      130 words
    • 176 28 Nov3 Ss_ Offer Bid Overnight 1/4 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 5/16 USS Offer 1/8 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months -All 0.25 0.32 0.38 0.40 0.70 0.95 1.20 Offer 0.20 0.22 0.28
      176 words
    • 24 28 Nov3 ten STI Nov 2617 SIMSCI Nov 314.5 317.5 311.7 Taiwan Nov 265.2 266.5 264.3 Source: MF Global (S) Pte. Ltd
      24 words
    • 20 28 Nov3 Bid Offer 1-month 1.3991 1.4006 2-months 1.3994 1.4010 3-months 1.3997 1.4013 6-months 1.4000 1.4018 Source: OCBC
      20 words
    • 64 28 Nov3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Nov09 2115 2110 2115 2110 29 327 Dec 09 2190 2167 2191 2150 1219 ***** Jan 10 2221 2190 2221 2183 7037 ***** Feb 10 2241 2210 2241 2206
      64 words
    • 257 28 Nov3 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec09 Mar10 Jun10 Sep10 99.6850 99.5100 99.2250 98.8700 7501 5440 3587 6012 EUROYEN TIBOR FUTURES Dec09 Mar10 Jun10 Sep10 DedO Mar11 Jun11 Sep11 99.490 99.505 99.505 99.485 99.425 99.340 99.280 99.280 50 50 50 4504 3741 1879 1658
      257 words
    • 163 28 Nov3 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) Dec 09 Jan 10 Feb 10 Mario Apr 10 May 10 242.0 242.0 242.0 242.0 243.0 243.0 TSR 20 (US cents/kg) Month High Low Sett Volume (lots) O/l (lots) Dec
      163 words
    • 449 28 Nov3 iuro ren .on •eso Earn ■ouni Australia 0.967 6.119 0.607 6.946 42.242 85.946 0.808 10.616 3.071 1.252 75.034 42.767 1.254 7.085 0.917 29.187 29.955 0.549 0.896 Canada 1.034 6.327 0.628 7.182 43.680 88.870 0.835 10.977 3.176 1.295 77.588 44.222 1.297 7.326 0.948 30.180 30.975 0.568 0.927
      449 words
    • 88 28 Nov3 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****W 04.02.2010 1-Year BY*****N 01.11.2010 0.45 0.55 0.39 0.39 0.55 0.53 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
      88 words
    • 76 28 Nov3 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid
      76 words
    • 139 28 Nov3 GOLD (USS/oz) Nov 03 Nov 02 Hong Kong 1058.00 1051.10 London Nov 02 Oct 30 1059.45 1037.05 1060.25 1037.85 Source: Thomson Reuters CAST BAR (SS) Nov 03 Buying Sellim Kilobar "50,933.07" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1
      139 words
    • 102 28 Nov 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 09 997.50 978.00 1006.25 962.00 Jan 10 998.00 976.50 1006.50 962.75 Mar10 1000.00 975.00 1008.00 961.75 May 10 995.00 970.00 1000.00 960.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 09 36.79 36.40 37.00 36.00
      102 words
    • 77 28 CRUDE OIL PRODUCTS Nov2 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 76.68 0.59 WTI (Near Mth) 77.89 0.85 Dubai (1 -Mth F) 76.12 -1.13 Tapis blend 79.50 -1.30 Minas 78.30 -1.30 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 71.72 82.45 -1.95 -2.05 USS/barrel Opec Oil
      77 words
    • 156 28 Nov3 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2534 1.2550 0.8961 0.8963 Canadian dollar 1.2958 1.2979 0.9264 0.9270 Euro 2.0643 2.0670 1.4759 1.4762 NZ dollar 1.0005 1.0030 0.7153 0.7163 Sterlini 2.2810 2.2839 1.6308 1.6311 US dollar
      156 words
    • 70 28 Nov 2 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 1882.25 1875.25 3 months 1916.00 1908.00 Copper, Grade A (USS/tonne) Cash 3 months 6530.50 6555.00 6455.25 6480.00 Lead (USS/tonne) Cash 2273.25 3 months 2298.00 2281.50 2305.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3
      70 words
    • 76 28 Nov2 COCOA (£/tonne) Close Prev Hii ih/Low Dec 09 2109 2127 2144/2101 Mar 10 2148 2168 2181/2143 May 10 2168 2191 2199/2167 Jul 10 2100 2120 2131/2098 COFFEE (USS/tonne) Close Pev High/Low Nov 09 1431 1386 1433/1380 Jan 10 1477 1431 1479/1425 Mar 10 1512 1466 1513/1460 SUGAR (US
      76 words
    • 2174 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 3.5 0.5 1 15 9 4.86 1 87 1491 11.00 54 9 5756 Asiatic Grp(H) Ltd W*****2.... H05#Asiatravel W*****7 8.5 ...37.5
      2,174 words

  • Page 29 Advertisements
    • 1514 29 The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPOTBN RTM/ANR/TIL HERON NOL/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE ~^>~^ Destination .vj^^J ™s^ ORIENTE PRIME DBI/DMM SIN Destination IDSHIP BULKER DBI/DMM AUTO ATLAS 07 Nov Mombasa/Dar Es Salaam Loads Singapore, E./W. Malaysia,
      1,514 words
    • 1075 29 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M VnT\lAf*M UAI Illirr TEL *****588 (14 LINES) FAX:*****163 Vl W/Vri HAI INt__) PKL TEL: (03) *****888 FAX: (03) *****288 PEN TEL: (04) *****00 FAX: (04)*****99 V_33--^ I If* I ■■■•■V JOH HL:(07) *****23 FAX: (07)*****21 SUR Hl;(031) *****75 FAX:(031) *****14/ *****05 1|
      1,075 words

  • Page 30 Advertisements
    • 1225 30 PCL/PHL SERVICE AMX SERVICE Connecting ECL SERVICE via MALTA IvESSEL VOY SIN PKG JEA BND SIN PKG NSA KHI JED DAM MAR MAR FXT HAM ANR LEH liE FDROOII 03/11 04/11 SKIP SKIP 15/11 18/11 21/11 SILVER CRAFT AMXII6IW 05/11 04/11 11/11 13/11 18/11 21/11 24/11 HANSA INDIA EtL 1454W
      1,225 words
    • 1024 30 |j~|f\ EASTERN CAR LINER, LTD UL_^^__! SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I VOY I Ramp(KT) I Lilting(KT) I KUC SIN PKL I JKT I KUC I MIRI PANSY 138 30 30 4/11 6/11 9/11 OCEAN FRIEND 19 60 9/11 10/11 LILAC ACE 77 30 10/11 11/11 13/11
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    • 196 30 BREAKBULK CONVENTIONAL SERVICE DIRECT SERVICE FROM SPORE TO KARACHI VESSEL [VOYAGE I ETA SINGAPORE I ETA KARACHI I BOLANorsubs TBA 15-20/11/09 25-30/11/09 General Agent:: SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Road #10-06/08 HUB Synergy Point, Singapore *****5 Telephone: 6270 0977 r] Facsimile: 6275 2308 X|| Telex: RS ***** SEAPAC DIRECT
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    • 1066 30 I WEEKLY EXPRESS SAILING SCHEDULE I ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL TOY SIN PKL (IN PORT) [MB (J(I2) NSA (NSHT) KOTA PEKARANG YPGOBI 03 NOV 04 NOV 09 NOV I2NOV STADT ROSTOCK 0002W 10 NOV 11 NOV 16 NOV 19 NOV NQRDWELLE VNWO32
      1,066 words

  • EXECUTIVE MONEY
    • 963 31  -  DEVIN LEONARD iVTT As govts worldwide enact Keynesian stimulus packages, new books are out to expound his ideas, reports BY the time he died in 1946, the economist John Maynard Keynes had become that rarest of creatures in his profession: a celebrity. The most powerful
      iVTT; FILE PHOTO  -  963 words
    • 902 32  -  PAUL J LIM Because the plunge of September 2008 will not be included in most statements, turning attitudes positive, says THOUGH stocks have soared more than 50 per cent since the market hit bottom in March, the sentiment of individual investors is hardly euphoric. In
      REUTERS  -  902 words
    • 973 34  -  JOSEPH CHONG Between April 8 and Oct 21, markets appreciated by 40% in US dollar terms without dividends re-invested IN our contrarian call in BT on April 8 this year "No, the recovery isn't a mirage any more" we predicted that global equity markets could
      S&P  -  973 words
    • 457 34  -  GENEVIEVE CUA It invests in sectors forecast to benefit from recovery By IN keeping with the trend towards simplicity and lower costs, Barclays Capital has launched a fund that offers investors a chance to participate in the global economic recovery theme. The Global Stimulus Portfolio will
      457 words
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