The Business Times, 5 November 2009

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 30
1 30 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Thursday, November 5,2009
    20 words
  • 633 1 URA investigates Mustafa Warehouse for unauthorised change of use [SINGAPORE] It looks like a department store and supermarket facility but its owner insists that it isn't. The six-storey Mustafa Warehouse on Kallang Pudding Road has been around for more than five years now,
    1 1 . 1 LJ ARTHUR LEE  -  633 words
  • 890 1  -  VINCENT WEE $750 m first phase to be ready by 2013 and remainder over 12 years; no cash-call to fund expansion By [SINGAPORE] Sembcorp Marine yesterday took a bold step into the future by unveiling plans to build a massive integrated yard
    890 words
  • MARKETS DIGEST
    • 84 1 IS$ (S$ per US$) 1.399 (USS/SS per 1.646 2.303 ;URO (US$/S$/E) 1.474 2.062 Foreign currency per US$ S$ 'EN 90.60 64.70 3.421 2.445 IK$ 7.750 5.541 !AHT 33.45 23.91 lUPIAH 9,530 6,814 lENMINBI 6.828 4.881 INDIAN RUPEE 47.14 33.70 1.106 0.791 1COMP 1,253.84 +11.52 IIKKEI225 9,844.31 +41.36 1ANG SENG
      84 words
    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.094 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
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 40 1 PORT KLANG SAGA PROPERTY BizlT FORMULA ONE Report points finger at QHBB Ho Bee-MCL launching Samsung eyes double-digit Toyota leaves Fl grid '4> ex-minister, official B**^^ttJs Parviscondo printer growth in tears ►"^C PAGE 2 B PAGE2B PAGE2S PAGE 3 j3l
      40 words

  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 76 2 SEMBCORP Marine yesterday took a bold step into the future by unveiling plans to build a massive integrated yard facility in Tuas View Extension. This will be Singapore's first new-built yard in a generation. Its first phase is expected to cost about
        76 words
      • 97 2 IT LOOKS like a department store and supermarket facility but its owner insists that it isn't. The six-storey Mustafa Warehouse on Kallang Pudding Road opened the doors to the first two levels three weeks ago and this has raised the eyebrows of some
        97 words
      • 62 2 THE Malaysian Public Accounts Committee recommended in a report released yesterday to Parliament that former transport minister Chan Kong Choy and the former general manager of the Port Klang Authority OC Phang be investigated for criminal breach of trust over their roles
        62 words
      • 77 2 A BT poll this week of major developers as well as agents who marketed projects actively in October showed that about 660 private homes were sold in the primary market in October. Developers reckon that, including other developments on the market, the total tally
        77 words
      • 54 2 SEMBCORP Marine's third quarter net profit was almost flat from the previous corresponding quarter, rising 2.6 per cent to $144.6 million, although this was the highest quarterly earnings ever attained, while turnover rose 32.9 per cent to $1.52 billion compared with $1.14 billion in Q3OB.
        54 words
      • 78 2 CAPITALAND has agreed to sell two of its industrial properties in Kallang for a total of $68 million to construction and industrial property development group Chiu Teng. The move, which is part of a strategy to divest non-core assets, leaves Capita Land with
        78 words
      • 82 2 STATE investment agency Khazanah Nasional has roped in three global brand names to participate in a "family indoor theme park" in Iskandar Malaysia as part of plans to enhance the region's tourism and lifestyle appeal. The "landmark deal" is to be
        82 words
      • 64 2 THE United States on Tuesday set preliminary duties ranging from 2 per cent to 438 per cent on hundreds of millions of dollars of imported steel wire decking from China to offset government subsidies. It was the latest in a growing list of
        64 words
    • 558 2  -  S JAYASANKARAN It seeks probe over letters of support for bonds issued by Kuala Dimensi By in Kuala Lumpur THE Public Accounts Committee (PAC) recommended in a report released yesterday to Parliament that former transport minister Chan Kong Choy and the former
      558 words
    • 460 2  -  OH BOON PING By [SINGAPORE] Gold surged to a new record yesterday, crossing the US$l,O9O level for the first time, a day after the International Monetary Fund announced a massive sale of the metal to India. The precious metal touched US$lO9l.l an ounce
      AFP  -  460 words
    • 521 2  -  LEE U-WEN Online discussion forum launched to seek views of broader audience By [SINGAPORE] Their initial target was 800 participants, but the organisers of a conference next week featuring the world's top political, business and academic leaders are now expecting an over-subscribed attendance of
      521 words
    • 238 3 US DATA [NEW YORK] US companies reduced jobs in October at the slowest pace in more than a year, suggesting some stabilisation in the labour market as the economy emerges from recession, a report yesterday showed. US private employers shed 203,000
      238 words
    • 563 3  -  SAMUEL EE But it may not have a clean break as it signed agreement to take part until 2012 By [SINGAPORE] "We never compare money to results. The value of Fl (Formula One) is not counted in dollars," said Tadashi Yamashina when asked about
      AFP  -  563 words
    • 422 3  -  KALPANA RASHIWALA Estimate is down significantly from September's 1,143 By [SINGAPORE] A BT poll this week of major developers as well as agents that marketed projects actively in October showed that about 660 private homes were sold in the primary market in October. Developers
      422 words
  • Page 2 Advertisements
    • 70 2 j^^^ For the past 50 years, INSEAD has done j^^ m H more than just research globalisation r^ -we have lived it. Q J^ With campuses in Europe, Asia and the Middle East, alumni of more nationalities in more cities, and more customised The Business School business education programmes than
      70 words


  • COMPANY NEWS
    • 391 4  -  VINCENT WEE $144.6 m posted is highest quarterly earnings the group has ever attained By SEMBCORP Marine's third-quarter net profit was almost flat from the previous corresponding quarter, rising 2.6 per cent to $144.6 million, although this was the highest quarterly earnings ever attained, while
      391 words
    • 536 4  -  MICHELLE QUAH By IN a sign of the times, retailer FJ Benjamin (FJB) saw its quarterly earnings tumble 58 per cent as consumers held back their spending. The fashion and lifestyle group's net profit for its fiscal first quarter ended Sept 30, 2009, feU
      536 words
    • 359 4  -  CHEW XIANG By HYFLUX yesterday said third-quarter net profit rose 5 per cent to $18.1 million from $17.3 million a year ago. The rise was despite sales falling 29 per cent to $126.5 million, from $177.4 million in Q3 2008. Help came from a
      359 words
    • 553 4  -  OH BOON PING WHAT do you do when a messenger brings you bad news? You don't shoot him, because that is not going to change reality. But that is precisely what some regulators have done when they try to artificially support market prices through
      553 words
    • 273 4 Net profit refers to profit attributable to equity holders. Trust Reits: Turnover is gross revenue and earnings is income available for distribution. Sing Inv Fin: Turnover figures are income before operating expenses. Exchange Rate: US$l =551.414, Rmbl =550.207 HK$l =550.182 nm: not meaningful 9-month and Q3 results
      273 words
    • 546 5  -  KALPANA RASHIWALA Group now left with another two Spore industrial assets in its portfolio By CAPITALAND has agreed to sell two of its industrial properties in Kallang for a total of $68 million to construction and industrial property development group Chiu Teng. The move,
      546 words
    • 426 7  -  WINSTON CHAI Deal still needs High Court's nod and other approvals By SHAREHOLDERS of Chartered Semiconductor Manufacturing have given their blessings to Advanced Technology Investment Company's (ATIC) $2.5 billion offer for the chipmaker, paving the way for the delisting of a fourth technology counter
      AFP  -  426 words
    • 458 7  -  VINCENT WEE MARKET VIEWS By AT its inaugural Asian investors conference yesterday, Norwegian bank Dnß Nor's analysts called for an overweight stance on equities in general but advised caution on the offshore and shipping sectors in the short term. "We have an overweight
      458 words
    • 283 7  -  OH BOON PING By BOUTIQUE fund manager Capital Dynamics (S), which has US$3OO million of managed assets, reckons the Singapore stock market may shoot up as much as 40 per cent next year. At a news briefing this week, its fund manager Tan Teng 800
      283 words
    • 328 8  - Rotary Engg Q3 profit up 11 OH BOON PING Turnover down 8% as new projects yet to generate significant revenue By ROTARY Engineering, which provides engineering, procurement and construction services to the oil and gas sector, has reported an 11 per cent rise in net profit to $10.7 million for
      328 words
    • 186 8 READY for the bull charge? This frog will give you a run for your money. Supporting it will be 230 Capita Land runners, out to prove that their mascot, Capitafrog, is a worthy match for any bull. They have signed up
      ARTHUR LEE  -  186 words
    • 384 8  -  RONNIE LIM By CHINESE oil giant PetroChina has installed a new chairman at Singapore Petroleum Company and is merging SPC's oil trading operations with that of PetroChina Singapore. The board changes at SPC follow PetroChina's $3.2 billion acquisition of the integrated Singapore oil company,
      384 words
    • COMPANY BRIEFS
      • 81 8 LIZHONG Wheel Group executive chairman Zang Ligen said yesterday that two executive directors, who jointly have a 64.23 per cent stake held through Li Zhong Investment, have pledged 100 million shares (42.55 per cent stake) for credit facilities. With the transfer of the
        81 words
      • 70 8 JAVA Holdings' net profit for its first quarter ended September 2009 jumped to $32.5 million from $9.1 million a year ago, primarily due to an accounting charge of $27.0 million arising from the "marked to market" valuation of the group's forex positions reported
        70 words
      • 43 8 LIPPO-MAPLETREE Indonesia Retail Trust has announced distributable income of $13.1 million for the third quarter ended September 2009, 23.1 per cent lower than a year ago. Distribution per unit is 1.22 cents, down from 1.60 cents.
        43 words
      • 37 8 TUAN Sing Group posted a net profit of $17.1 million for the third quarter ended Sept 30 up from $814,000 a year ago. Revenue increased 7 per cent to $86.3 million.
        37 words
      • 43 8 FORTUNE Reit has posted a 14.1 per cent increase in third quarter distributable income to HK$Bl.2 million (5514.6 million), from HK$7l.2 million a year ago. Distribution per unit rose 12.7 per cent to 9.75 HK cents.
        43 words
  • Page 4 Advertisements
    • 540 4 Call 6-594 7593 now for the Payroll Specialist PAYDAY? Payroll Serve time to relax www.PayrollServe.com.sg BENGAL TIGER LINE LTD NOTICE TO TRADE RECOVERY OF INCREASE IN BUNKER COSTS In view of the continuing escalation of Bunker prices, please be advised that we will implement a recovery charge of USD 50.00/TEU
      540 words

  • Page 5 Advertisements
    • 284 5 ti '< v Co) I I f o i \^> v s Many parts working together— the only way to solve the world's energy challenges. Energy demand is expected to be 35 percent higher in the year 2030 than it was in the year 2005, driven largely by people in
      284 words

  • SINGAPORE MARKETS
    • 569 6  -  YEN SREENIVASAN STOCKS Asian sentiment boosted by World Bank's re-rating of China's growth forecast but Fed meeting overhangs the market IT was a generally positive session for Asian stock markets, but with a huge dose of caution in the air ahead of the US
      569 words
    • 101 6 Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 5 4 0 0 0 8 5 4 Manufacturing 68 42 61 13 69 49 74 Commerce 29 12 25 30 14 30 )t/Stor/Comms 17 14 17 11 14 Finance 17 17 Construction 11 Pro|
      101 words
    • 117 6 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 26.994 26.994 42.120 42.120 Manufacturing 215.230 18.915 234.145 108.321 1.621 109.942 Commerce 98.941 30.858 129.799 114.471 5.675 120.146 )t/Stor/Comms 95.261 6.802 102.063 141.514 1.563 143.077 Finance 30.437 30.437 195.714 195.714 Construction 52.483 1.912 54.395 10.508 93 10.601 Properties 78.590
      117 words
    • 101 6 lapitaLand 4.180 4-0.050 lapitaMal 1.650 4-0.050 jtyDev 9.900 4-0.090 lomforiDelGrc 1.550 4-0.020 Iosco Corp 1.070 -0.030 IBS Grp 13.040 4-0.080 :&N 3.800 4-0.040 ienting SP 1.070 4-0.020 iolden Agri 0.430 4-0.010 IK Land 4.730 4-0.120 IMH 31.000 4-0.160 ISH 17.240 4-0.180 lardineC&C 22.600 4-0.040 Ceppel Corp
      101 words
    • Article, Illustration
      849 6  -  CONRAD TAN Source: Q3 2009 net profit plunged 80 per cent y-o-y, below expectations due to higher losses for shipbuilding, decline in shiprepair and shipping sales and profits. No recovery in sight till H2 2010. Uncertainties loom with execution risks and prospects of cuts in contract prices on
      Bloomberg  -  849 words
    • 541 6 Reuters CURRENCIES [LONDON] The dollar fell broadly yesterday as firmer equity and commodity prices buoyed demand for the euro and perceived riskier currencies, while traders braced for a policy decision from the Federal Reserve. The decision at 1915 GMT is the key
      Reuters; BLOOMBERG  -  541 words
    • 4 6 DAILY
      4 words
    • 60 6 CLOSE IT OB/OS -796.00+255.C IT CADI -*****.00+107. IT 10-day MA -*****.00 -79.0' TSE ST Mid Cap 621.26 +4.8: TSE ST Small Cap 515.56 +3.2 TSE ST All Share 651.63 +6.2 TSE ST China Top 261.53 +0.5 TSE ST China 286.93 +3.7 TSE ST Catalist 1323.54+77.7! TSE ST
      60 words
    • 59 6 VOLUME Golden Agri 46,657,000 Gentinq SP 39,790,000 Uni Envtech 33,458,000 IPCO Intl 28,239,000 Novena 27,957,000 Teledata 24,628,000 Noble Grp 23,807,000 AusGroup 23,379,000 Yinq Li 22,376,000 China Honqxinq 21,738,000 VALUE(S) UOB 71,933,970 Noble Grp 60,530,506 Capita Land 57,272,520 SGX 55,277,530 Sing Tel 44,279,730 Gentinq SP 42,219,080 DBS Grp
      59 words
    • 101 6 CLOSE UP LD 10US$ ***** 388.6 2.7 iBXT MSKorea 10US$ 4283 141.2 2, iBXT FTChina25 10US$ 3078 132.8 3., China H 10US$ 1664 61.5 2. iBXT MSAsExJl 10US$ 2628 32.2 0: iBS Bk6% NCPS 10 ***** 30.0 0. IOB 1768 26.0 1. ISH 1724 25.2 1.1 IMH 3100 22.4
      101 words
    • 114 6 CLOSE DOWN DBXT Ni 10US$ 9841 -360.6 -2.6 DBXTDJE50 10US$ 4226-267.0 -4.3 DBXT MSEuroi 10US$ 4156-187.3 -3.1 DBXT S&P Short 10US$ 5806-139.8 -1.7 EasternEuro 510 -55.9 -7.3 DBXT FTVietnam 10US$ 5160 -22.4 -0.3 )CC3.93% NCPS10 8100 -20.0 -0.2 ilA 200 1352 -10.0 -0.7 'BL Con 456 -7.0 -1.5 Raffles
      114 words
    • 86 6 Wh lere S! i$ stands Nov 4 %CHNG CLOSE FRNOV3 YR2009 S$ LOW S$ HIGH uss 1.3975 0.14 1.5579 1.3897 Euro 2.0627 0.13 2.0952 1.9150 Pounds 2.3116 -1.18 2.4366 2.0356 1.2688 -1.15 1.2900 0.9453 'en* 1.5377 1.14 1.7278 1.4831 Rill liah* 0.***** -0.64 0.***** 0.***** Baht* 4.1785 0.20 4.3390
      86 words

  • Page 7 Advertisements
    • 260 7 H^MHu Wt^^'-M )Swf'i'^^p ME**. t J vHu Efem>. i —uj Charles Wong Sf'^f-'y'ifrj^. Charles Keith 19% *#^f^ -jyPW We are the bank that supports your growth internationally For a partner that's ready to support your expansion plans, start a conversation with us. At the height of the financial crisis in
      260 words

  • Page 8 Advertisements
    • 583 8 111 Neptune Lifeboat SBI OFFSHORE LIMITED liongsweepe/bo^fromrecftdr/// (Company Registration No.: *****7121 D) I'M (Incorporated in the Republic of Singapore on 1 October 1994) j9 kmm x Established in 1994, SBI Offshore Limited ("SBI Offshore") is a Singapore home-grown company supplying equipment to shipyards and rigbuilders in Asia's offshore and marine
      583 words

  • SINGAPORE NEWS
    • 551 9  -  EMILYN YAP NUS study finds productivity of winners to be 35% higher than their industry peers By ORGANISATIONS which received the Singapore Quality Award (SQA) will have more than their trophies to be proud of a National University of
      551 words
    • 589 9  -  CHUANG PECK MING 6.6% slide in 2008 is biggest fall in 17 countries: US study By SINGAPORE'S manufacturing productivity tumbled 6.6 per cent last year the biggest fall in 17 countries where US manufacturers have a big presence, says a US government study. It was
      589 words
    • 393 9 FEW would associate about $300,000 in donations with a 12-year-old, but this is the amount Dawn Kwan, a budding local child artist, has given to charities so far. And the figure is set to rise after she opened her fourth solo exhibition, Swiss Exuberance,
      393 words
    • SINGAPORE ROUNDUP
      • 63 9 THE Joint Ministerial Committee for Iskandar Malaysia formed a new work group to study the joint development of an economic project there when it held its fifth working meeting in Singapore yesterday. The committee also reviewed progress made by the immigration, transportation, tourism and environment
        63 words
      • 92 9 SCIENTISTS from the Agency for Science, Technology and Research (A*Star) will form part of an international team of about 70 researchers to create a collection of tissue and DNA samples for 10,000 species of animals. Called the Genome 10K project, the scientists hope to
        92 words
    • 489 9  -  AMIT ROY CHOUDHURY By SPEAKING on the preparations for the upcoming Apec Summit X Shanmugam, Minister for Law and Second Minister for Home Affairs, said yesterday that the government has put in place what it considers adequate security measures. "We are confident about the
      489 words
    • 281 9 COE premiums fell across the board yesterday as some motor distributors complained about lower showroom traffic and weaker demand for cars. "Most of our walk-ins are just browsing," said the sales manager of a mid-sized dealership. "Some people think COE premiums will fall further,
      281 words
  • Page 9 Advertisements
    • 35 9 LQJfihd the ones nr\ tX pJ THAT FIT! r r^J Recruit the right people 1_ j >_ __J through CATS Recruit. —I )fj Call 1800 289 8822 or email [y^ V/~\recruit@sph.com.sg 1 to advertise. P l^
      35 words
    • 68 9 ADVANCE CONTAINER LINES (PTE) LTD NOTICE TO TRADE BUNKER COST RECOVERY With the continuing increase in bunker costs, please be advised that we will implement a Bunker Cost Recovery of USD 50.00 per TEU effective 1 December 2009 and until further notice, for all SOC shipments from Singapore and Port
      68 words

  • SINGAPORE INTERNATIONAL
    • 653 10 IE Singapore sees opportunities in the fast-growing markets of the Asia-Pacific and the Gulf, reports CHUANG PECK MING ESPITE the global economic slump, Singapore's hospitality players do not seem to A have let up in their aggressive expansion I overseas, especially in Asia. They continU
      653 words
    • 528 10  -  CHUANG PECK MING By GLOBAL recession? CTC Holidays has just opened a US$2 million boutique hotel in Shanghai, China. And since the soft launch of @Gallery Suites in April, occupancy has been 70-80 per cent, says CTC's managing director Wee Hee Ling. "While
      528 words
    • 547 10 IT'S not the first time Frasers Hospitality has hit the expansion trail in the middle of a recession. Back in 1998 when the Asian financial crisis was wreaking havoc on business, the high-class service apartment owner and operator opened its first two apartments in Singapore.
      547 words
    • 551 10 IN times like this, when business is hard to come by, the weakness of a poorly run or financially strapped company really shows up, says Eric Levy, Pan Pacific Hotels Group's senior vice-president for development. When the going gets tough, owners
      551 words
  • Page 10 Advertisements

  • ECONOMY WATCH
    • 564 11  -  ANTHONY ROWLEY World Bank: China growing rapidly but some Asean nations still in recession By in Tokyo EAST Asia's "rebound" from the impact of global economic recession has yet to become a sustainable "recovery", the World Bank cautioned in a report published yesterday,
      564 words
    • 410 11 Reuters [NEW YORK] October was far and away the best month American retailers have had since consumers put the brakes on spending last autumn. Major categories had robust sales growth for the first time in more than a year, new figures show. Today, when
      Reuters; AFP  -  410 words
    • 494 11  -  ANTHONY ROWLEY By. in Tokyo JAPAN'S Finance Minister, Hirohisa Fujii, acknowledged yesterday that the government will need to issue additional bonds to cover a gaping deficit in tax revenues. The admission appeared to blow a hole in Prime Minister
      494 words
    • 264 11 Reuters [SINGAPORE] The International Energy Agency will "substantially" downgrade its long-term oil demand forecast in its annual energy outlook next week, the second cut in a row, the Wall Street Journal reported yesterday. Efforts to better manage expanding oil demand in the developed
      Reuters  -  264 words
  • Page 11 Advertisements
    • 64 11 ORIENT EXPRESS LINE NOTICE TO TRADE BUNKER COST RECOVERY With the continuing increase in bunker costs, please be advised that we will implement a Bunker Cost Recovery of USD 50.00 per TEU effective 1 December 2009 and until further notice, for all SOC shipments from Singapore and Port Klang to
      64 words
    • 121 11 W i T II I Sr II I Pampering Spa Treatments Celebrated Dining Luxurious Suites Introducing Raffles Gift Card From charming residencies to exquisite cuisine to heartfelt service, the Raffles experience is an enchanting one. Now, you can gift such an experience, with a Raffles Gift Card, which can be
      121 words

  • MALAYSIA/INDONESIA
    • 504 12  -  PAULINE NG Khazanah engages 3 foreign firms for the family attraction in Iskandar By in Kuala Lumpur STATE investment agency Khazanah Nasional has roped in three global brand names to participate in a "family indoor theme park" in Iskandar Malaysia as
      504 words
    • 385 12 Bloomberg [KUALA LUMPUR] Malaysia's export decline deepened in September as commodity prices fell from a year earlier and electronics sales slid. Overseas shipments dropped 24.2 per cent from a year earlier to RM47.24 biUion (5519.3 billion) after falling a
      Bloomberg  -  385 words
    • 405 12 Reuters [JAKARTA] Indonesia's central bank signalled yesterday that it was not in a hurry to start hiking rates with its reassuring message on inflation, prompting gains in bond and stock markets and helping the rupiah recoup early losses. Bank Indonesia (BI) kept
      Reuters; BLOOMBERG  -  405 words
  • Page 12 Advertisements
    • 219 12 SPHI\?IEDIA OISTILLERY I f CONNECTING I with CUSTOMERS H Tips Tricks On Getting Your Message Across 3 Dec 2009 (8.30 am 5.00pm) I Raffles Hotel Singapore, The Ballroom L 3 E! r|y Bird special: $330 nett Meet some of the media industry's biggest think-tanks in a powered-up, waiidm 13November2009) high-level
      219 words

  • GREATER CHINA/INDIA
    • 465 13 ■AP New Disneyland to be located in eastern Pudong [SHANGHAI] China's planning agency has approved plans for a Disney theme park in Shanghai, the Walt Disney Co said yesterday, a major step towards setting a deal for the long awaited project. The
      ■AP  -  465 words
    • 449 13 neuters [NEW DELHI] India will maintain its fiscal stimulus due to uncertainty arising from a poor monsoon and the global outlook, the finance minister said on Tuesday, as data showed the summer crop could post a bigger-than-expect-ed fall. But Pranab Mukherjee also said there were
      – neuters  -  449 words
    • 489 13 Reuters Commerce Dept's preliminary decision on dumping charges in mid-November [WASHINGTON] The United States on Tuesday set preliminary duties ranging from 2 per cent to 438 per cent on hundreds of millions of dollars of imported steel-wire decking from China to offset government
      Reuters  -  489 words
  • Page 13 Advertisements
    • 54 13 I It takes TALENT to meet big challenges and AMBITION to aim for constant improvement. i It is with this knowledge that we have proved a reliable SWISS partner in PRIVATE BANKING. Since 1755. i i i"- j*2 II I l,*sg ilfe?Sl< i Clariden Leu i SWISS PRIVATE BANKING SINCE
      54 words

  • ASIA-PACIFIC/WORLD
    • 645 14 Reuters Eight banks have set aside USsll7.6b for their staff, almost as much as last year [NEW YORK] Eight major banks which were at the front of the line for government bailouts have already set aside U*****.6 billion this year to pay
      ■ Reuters  -  645 words
    • 487 14 Bloomberg [SYDNEY] Telstra Corp, facing government pressure to split from its fixed-line network, expects any break-up similar to the model used for BT Group pic would cost as much as Asl.2 billion (551.52 billion). Such a process may take more than five
      Bloomberg; AFP  -  487 words
    • 500 14 Reuters Sale of Shineway stake will yield five times its investment [HONG KONG] Goldman Sachs has agreed to sell half of its holding in Shineway Group, China's top meat processor. It will sell the stake to a Chinese fund for about US$l5O
      Reuters  -  500 words
    • 361 14 Reuters [TOKYO] Japan's foreign minister has called off a trip to Washington meant to smooth ties ruffled by a feud over military bases ahead of US President Barack Obama's visit next week, the top government spokesman said yesterday. Chief Cabinet Secretary
      Reuters  -  361 words
    • 247 14 -AP [PARIS] Societe Generale, France's second largest bank, saw net profit more than double in the third quarter after better financial market conditions helped earnings at its investment banking unit. SocGen said in a statement yesterday that it made a net profit of 426
      -AP  -  247 words
  • Page 14 Advertisements
    • 70 14 in j Get to know the world better Start your day with SPH newspapers hot off the press, featuring quality news, in-depth analyses, impactful commentaries and breaking stories from Singapore, the region and the rest of the world. a> Subscribe now and connect with the world. Visit www.sphsubscription.com.sg or call
      70 words
    • 14 14 Ift 4^os. I Lianhe Zaobao I I Hard work I I pays off I
      14 words
    • 313 14 PICTET FUNDS PF(LUX)-Abs.RetGlbConservatlVß-Pcap 30.10.2009 EUR 97,04 PF(LUX)-Abs.RetGlbDlveisllledPcap 30.10.2009 EUR 107,94 PF (LUX) -Asian Equities (ExJapan>P cap 30.10.2009 USD 155,32 PF (LUX)-Aslai Local CurencyDebtP cap 30.10.2009 USD 123,38 PF(LUX|-Blotech-Pcap 30.10.2009 USD 267,74 PF (LUX) -CHF UquWlty-P cap 30.10.2009 CHF 124,22 PF (LUX)- dean EneigyP cap 30.10.2009 USD 79,11 PF (LUX)- Digital
      313 words

  • WORLD
    • 619 15 Reuters Putin surprised by decision, which is a blow to Sberbank and partner Magna [DETROIT] The new board of General Motors (GM) reversed course on Tuesday on the planned sale of its Opel division in Europe and decided that GM would retain
      Reuters  -  619 words
    • 602 15 -AP They won votes of independents in Virginia, New Jersey [WASHINGTON] Republicans surged to victory in two governors' races on Tuesday, wresting control from Democrats and delivering a blow to President Barack Obama heading into next year's congressional elections. The victories in
      -AP; AFP  -  602 words
    • 359 15 Reuters Choice of Steve Martin and Alec Baldwin a surprise [LOS ANGELES] Oscar organisers on Tuesday named an unlikely pair of hosts for March's Academy Awards, comedian Steve Martin and 30 Rock star Alec Baldwin, a past loser at the world's top film awards. The choice
      Reuters  -  359 words
    • 379 15 Reuters [WASHINGTON] US President Barack Obama and European Union leaders pledged on Tuesday to redouble efforts for a deal on climate change at a summit in Copenhagen, but gave no details of how to reach that ambitious goal. "We discussed climate
      Reuters  -  379 words
    • 615 15 Reuters Burlington takeover took just 9 days to put together [NEW YORK] Billionaire Warren Buffett decided that he did not need investment bankers when he negotiated his rapid takeover of Burlington Northern Santa Fe Corp even though the railroad was represented by
      – Reuters  -  615 words
  • Page 15 Advertisements
    • 66 15 SEA CONSORTIUM PTE LTD NOTICE TO TRADE BUNKER COST RECOVERY With the continuing increase in bunker costs, please be advised that we will implement a Bunker Cost Recovery of USD 50.00 per TEU effective 1 December 2009 and until further notice, for all SOC shipments from Singapore and Port Klang
      66 words
    • 101 15 ORIENT MARINE PTE LTD Exclusive Agent Of Trenton Anti-Corrosion Materials TKBVT N 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
      101 words

  • AVIATION
    • 693 16 -NYT Firms have strong leverage over hotel rates, but less control over airfares [NEW YORK] Travel management companies are in the midst of negotiating next year's hotel and airline rates on behalf of their corporate clients, an annual ritual that was thrown into
      -NYT  -  693 words
    • 506 16 Bloomberg It has generated a record level of operating cash flow [SEATTLE] Rockwell Collins Inc, the maker of cockpit instruments and radios, is looking for "bolt-on, tuck-in acquisitions" after generating a record level of operating cash flow, chief executive officer Clay Jones said.
      – Bloomberg  -  506 words
    • 638 16 Reuters [FRANKFURT] Demand for business-class plane tickets will pick up again in 2010 as companies loosen travel restrictions amid a global economic recovery, Continental Airlines' chief operating officer told Reuters. "People who have predicted the demise of business travel are wrong," Jeff Smisek, who
      Reuters; BLOOMBERG  -  638 words
    • 160 16 Bloomberg [SYDNEY] Airbus SAS, the world's largest commercial planemaker, expects to maintain delivery rates next year as an economic rebound revives travel demand. The company will hand over a similar number of planes in 2008, 2009 and 2010, chief operating officer John Leahy
      Bloomberg  -  160 words
    • 2841 16 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co(BAW), BG: Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR: EVA
      2,841 words
  • Page 16 Miscellaneous
    • 317 16 CRYPTIC CROSSWORD Across 3 Bright star that's excellent, I Issue period return (4) one appearing after 30 days 3 Sculptures that over the Chan- (9) nel are possessing formal 4 Two angelic things offering dignity (10) slight hope of success 8 Scamper heartlessly round (1,4,3,1,6) side of ditch (6) 5
      317 words

  • SHIPPING
    • 288 17 Bloomberg H ike to start on Dec 1; group of 10 carriers includes Evergreen, Cosco, NOL unit APL [HONG KONG] Evergreen Marine Corp, China Cosco Holdings and eight other shipping companies agreed to raise rates for US-Asia shipments as they battle to reverse
      Bloomberg; BLOOMBERG  -  288 words
    • 362 17 Bloomberg [NEW YORK] Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, has forecast a loss for this quarter as it discounted more tickets than expected in a seasonally slow period. Royal Caribbean expects a loss of five US cents a share for the fourth
      – Bloomberg  -  362 words
    • 273 17 Bloomberg [LONDON] The cost of seaborne haulage of goods such as coal and iron ore can increase at least 7.8 per cent by year-end, supported in part by Chinese raw-material demand, Nomura Holdings Inc said. The Baltic Dry Index, a measure of
      Bloomberg  -  273 words
    • 235 17 Bloomberg [ATHENS] Lending to ship owners will increase over the next two years, according to a survey by Athensbased research company Petrofm SA. Of the world's 27 top ship finance banks surveyed, 42 per cent expect an increase in lending to ship owners
      – Bloomberg  -  235 words
    • TRANSPORT STOCKS
      • 122 17 '000 CH Offshore 0.67 Chuan Hup Hldgs 0.32 Cosco Corp 1.07 CWTLtd 0 65 Ezra Hldgs 1 88 First Ship Lease 0 60 Freight Links 0 05 Grand Banks unch lava Hold Ltd 0 44 KlVentures 0 17 Keppel Corp 8 05 Mercator Lines 0 30 MTQ Corp 0
        122 words
      • 37 17 '000 lov nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.94 8.90 8.84 3.08 3.08 unch 0.09 0.02 unch -0.06 0.02 0.02 unch -0.01 19! 31! 28) 14; 3! 129)
        37 words
      • 12 17 '00 'recious Ship Regional Cont 18.40 11.00 0.40 0.40 429: 50'
        12 words
      • 12 17 '000 lov Soil iingamas Cont 38.00 1.51 0.60 0.04 35! 8591
        12 words
      • 22 17 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 8.50 20.75 unch unch 0.40 0.25 unch unch 287! 81' i i
        22 words
      • 18 17 Evergreen Marine ...16.30 :irst Steamship 44.90 /Van Hai Lines 15.15 fang Ming Marine...11.40 0.20 1.20 0.10 0.30
        18 words
      • 37 17 '000 lawasaki Hvy Ind ..223.00 lawasaki Kisen 332.00 Mitsubishi Hvy 318.00 /litsui Eng&Sbldg...227.00 /litsui OsR Lines 544.00 Jippon Express 372.00 JipponYusen 339.00 1.00 9349 6.00 5268 unch ***** -3.00 6735 3.00 9213 5.00 2836 1.00 5199
        37 words
  • Page 17 Advertisements
    • 1428 17 cL TKsa Ect°ca Tp H 5 Eo Thec^McU .50 ADVENTUS HOLDINGS LIMITED AND In The Matter of (Unique Entity Number *****1072R) rnnir THMP MAM COME TO MUSIC LTD' (Incorporated in the Republic of Singapore) ™.fP™.T£fi£. N.£y,™ ICo Re 9 No *****2096E1 M X X CONSTRUCTION PTE LTD NOT|CE QF CREDITORS
      1,428 words
    • 238 17 NYK LOGISTICS S.MEGACARRILR Packed into an NYK containership in Victoria Harbour, Canada, a shipment of choice soybeans begins a Pacific voyage. Shortly after arrival in Kobe, Japan, the soybeans are loaded onto trucks headed for a venerated tofu shop in Kyoto. "This tofu is exquisite." Hearing that, the tofu master
      238 words

  • EDITOTIAL & OPINION
    • 492 18 EARLIER this year, many quarters after the fact, there was some hand-wringing about Singapore's dismal productivity numbers. For an economy that has become synonymous with not only efficacy but also efficiency, its labour productivity in 2008 saw not just a fourth year on the slide but,
      492 words
    • 1105 18  -  ANTHONY ROWLEY Speculators will get their fingers burned, just like their yen carry trade counterparts THOSE of a nervous disposition would probably have been better off not reading various economic reports, or even sections of the financial press, that have appeared
      REUTERS  -  1,105 words
    • 849 18  -  THOMAS FRIEDMAN THE BOTTOM LINE IN 2003, I was on a trip to Iraq and had arranged an appointment in the Green Zone with a member of the then-Iraqi Governing Council. Security was tight. I was with my Iraqi translator, a
      849 words
    • 1609 19  -  LEON HADAR The recent elections for governor in Virginia and New Jersey expose a deep political divide inside the Republican Party IT'S been a year since Barack Obama and the Democrats took control of the White House and Congress and the Republican Party was
      AP  -  1,609 words
    • 983 19  -  BRAHMA CHELLANEY By ON ITS 20th anniversary, the fall of the Berlin Wall stands out as the most momentous event in post-World War II history. The end of the Cold War transformed geopolitics, thereby changing the world. But no continent benefited more than Asia,
      983 words


  • SINGAPORE STOCKS
    • 8783 20 Transaction date: Nov 4 Hii Low Code Col Sale COOP) Hii Low Bl Seller C'vr P/E Smil 17 3 3148 8Telecom 9.5 2.5 5834 A-Sonic 34 12 5000 ABR Hldgs 15.5 5.5 1938 AEI Corp 8 1 1100 AEM 23 7.5 2101 APOil 93 35 5550 ARA. 8
      8,783 words
    • 1665 21 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div Gr Yld ('000) High Low Buyer Seller C'vr Net P/E MCap Smil Company 10 5 1181 s AAGrp 25 12 8538 t APStrategic
      1,665 words
    • 413 21 52-Wk Tel High Low Code Last Sale Vol COOO) Day III Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mM Conn _Hm 111 101 6389 ABFSG Bond ETF 108 807 427 CIMBAsean40 100US$ US766 +1 276 149 DBS STI ETF 100 266 +1 4627 3534
      413 words
    • 249 21 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      249 words
    • 9453 21 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.028/ AIGIF Spore Bond Fund/A 1.354/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.08/ APS Alpha Fund (USD)!** 0.77/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt Spore Pte Ltd AXAWM -Talents
      9,453 words
  • Page 20 Advertisements
    • 45 20 Hi 'r^J&j f '^v x I v m/ iJi' H ■■^VfV Iflll Jh 1a vi»!-*-^ wi 'vilt^^ IBIIIM> V W IT AH I I FAI Bl MJ k^l l^llfll i"ii ■k';:'"' y l^ j^. I 111 "Hk wi ViS "^.^^l IM I 111 "HI I^H
      45 words


  • FINANCE & COMMODITIES
    • 370 22 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Nov 3 World Index Preliminan 776.6 -0.8 14.6 -0.7 16.1 -1.0 19.. EAFE Preliminai 736.0 -1.0 13.4 -1.1 18.7 -1.5 22.0 Euri Preliminan 1048.3 -1.4
      370 words
    • 131 22 As at 9am Nov 4 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2480 1.2850 Can dollar 1.3030 1.3190 Euro 2.0480 2.0720 NZ dollar 1.0000 1.0220 iterlini ind 2.2850 2.311 US dollar 1.3920 1.4090 Local dollars to 100 units of foreign
      131 words
    • 177 22 Nov 4 $S Offer Bid Overnight 1-month 2-months 3-months Overnight mode: 1/4 USS 1/16 7/16 9/16 11/16 Offer par 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.24 0.32 0.38 0.40 0.60 0.95 1.20 Offer 0.19 0.22
      177 words
    • 28 22 Nov 4 ten Hii ih Sett iTI Nov 2645 IIMSCI Nov 310.5 315.7 315.6 "aiwan Nov 263.9 270.0 269.1 Source: MF Global (S) Pte. Ltd
      28 words
    • 22 22 Vol/ 4 I Bid Offer 1-month 1.3981 1.4001 2-months 1.3984 1.4005 3-months 1.3987 1.4009 6-months 1.3991 1.4013 Source: OCBC
      22 words
    • 174 22 Nov 4 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Dec 09 244.8 Jan 10 Feb 10 Mario Apr 10 May 10 246.5 243.5 246.0 244.8 245.0 245.0 245.0 246.0 246.0 54 20 20 42 TSR 20 (US cents/kg)
      174 words
    • 91 22 Nov 4 IKEM3UKY BILLS Period Issue code Maturity Yesterday's Bid Hii Day's ill Low 3-Month BQ*****W 04.02.2010 1-Year BY*****N 01.11.2010 0.44 0.55 0.41 0.36 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
      91 words
    • 103 22 Nov 3 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 09 1006.75 997.50 1018.25 986.00 Jan 10 1010.50 998.00 1021.00 987.00 Mar 10 1013.50 1000.00 1023.25 989.00 May 10 1008.25 995.00 1018.00 984.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 09 37.53 36.79 37.79
      103 words
    • 78 22 CRUDE OIL PRODUCTS Nov 3 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 76.58 -0.10 WTI (Near Mth) 79.33 1.44 Dubai (1 -Mth F) 75.69 -0.43 Tapis blend 79.00 -0.50 Minas 77.80 -0.50 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 71.90 83.35 0.18 0.90 USS/barrel Opec
      78 words
    • 465 22 Nov 4 AS CS Rmb Euro HKS IndRsRu ih Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound US! Australia 0.963 6.171 0.613 7.005 42.607 86.137 0.819 10.665 3.092 1.253 75.765 42.965 1.264 7.019 0.927 29.422 30.229 0.549 0.904 Canada 1.038 6.408 0.637
      465 words
    • 77 22 Nov 4 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 6 mths 0.***** 9 mths 1.***** 12 mths 1.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 3.*****
      77 words
    • 157 22 Nov 4 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2631 1.2653 0.9037 0.9040 Canadian dollar 1.3118 1.3139 0.9385 0.9387 Euro 2.0603 2.0637 1.4741 1.4744 NZ dollar 1.0082 1.0103 0.7213 0.7218 Sterlini 2.3006 2.3045 1.6460 1.646. US
      157 words
    • 164 22 Nov 4 GOLD (USS/oz) Nov 03 Nov 04 GOLD BULLION COINS (SS) Sellim Hong Kong 1058.00 1088.20 (SS) Selling Buying Bu< 'im Nov 02 Nov 03 London 1059.45 1076.65 1060.25 1077.45 Source: Thomson Reuters 1 oz 1687.39 1529 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $591.71 485
      164 words
    • 70 22 Nov3\ minimum, 99. jrity (USS/tonne) Co Close Previous Cash 1874.50 3 months 1908.00 1882.25 1916.00 Copper, Grade A (USS/tonne) Cash 3 months 6435.75 6460.00 6530.50 6555.00 Lead (USS/tonne) Cash 2244.25 3 months 2270.00 2273.25 2298.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3
      70 words
    • 77 22 Nov 3 COCOA (£/tonne) Close Prev Hii ih/Low Dec 09 2140 2109 2159/2103 Mar 10 2177 2148 2195/2141 May 10 2199 2168 2217/2162 Jul 10 2124 2100 2125/2099 COFFEE (US$/tonne) Close Pev High/Low Nov 09 1414 1431 1425/1410 Jan 10 1452 1477 1476/1447 Mar 10 1491 1512 1511/1487 SUGAR
      77 words
    • 65 22 Nov 4 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Nov09 2150 2200 2215 2150 227 327 Dec 09 2176 2232 2243 2175 2119 ***** Jan 10 2210 2260 2273 2207 ***** ***** Feb 10 2245 2280 2295
      65 words
    • 280 22 Nov 4 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec09 Mar10 Jun10 Sep10 99.6800 99.4900 99.1850 98.8050 7576 5470 3538 5987 EUROYEN TIBOR FUTURES Dec09 99.495 99.500 Mar10 99.505 99.505 Jun10 Sep10 DedO Mar11 Jun11 Sep11 99.490 99.505 99.500 99.515 99.515 99.495 99.435 99.350 99.290 99.290
      280 words
    • 2139 22 BONDS, WARRANTS EXTENDED SETTLEMENT rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 3.5 1 15 9 4.86 54 >036 Advance SCT Ltd W*****9 0.5 1 87 1650 10.00 9 5756 Asiatic Grp (H) Ltd W*****2... H05#Asiatravel W*****7 8.5
      2,139 words

  • Page 23 Advertisements
    • 3506 23 The Business Times Shipping Times A KPI BCT^BffßWti HT^fffltßTlffil WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M W a^ m ATi-P^ W'W Wm.%M mamWmWrfrf 'i^to'HiWi iTmB lllV"x"i_i\ IAIAM UAI I I MFC TEL *****588 (14 LINES) FAX:*****163 ___r 'J-Ullr-f^TTIW nPtoRMME I V\^^t I WAN HAI INt--l PKL TEL: (03> *****55S
      3,506 words

  • Page 24 Advertisements
    • 5241 24 F^^^^^^^^^^^^^^^^^Hn E EASTERN CAR LINER, LTD I I^^^BCDHjM UL!__^__l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS B|M||iilil|iii|B ll^^^^^^S U VOY Ruw>lKT> LillinglKT) KUC SIN PKL JKT KUC MIRI PCL/PHL SERVICE AMX SERV CE Connecting ECL SERVICE via MALTA MB 138 30 30 601 Ml U/ll MjAYA II 12/09 OVTI
      5,241 words

  • BizIT
    • 657 25 It wants to grab large deals in the enterprise and government sectors here, reports ONG BOON KIAT HAVING ramped up its printer offerings to better cover different market segments in the past year, Samsung Electronics has now set its sights on double-digit growth
      657 words
    • 291 25 AFP [SAN FRANCISCO] Pay Pal on Tuesday opened its software platform to outside developers in a move designed to unleash a flood of creative uses for the online financial transaction service. The company owned by online auction powerhouse eßay marked the occasion with an inaugural Pay
      AFP  -  291 words
    • 273 25 AFP [BEIJING] Chinese players of World of Warcraft, one of the world's most popular online games, may be out of luck after a government regulator rejected an application from the game's new licensed operator. The General Administration of Press
      AFP  -  273 words
    • 311 25  -  WINSTON CHAI By SINGAPOREANS will be able to enjoy ez-link tap-and-pay convenience at 15,000 retail counters by the end of next year. Payment Link, formerly known as QB, plans a major charm offensive over the coming months to extend the use of the
      311 words
  • Page 25 Advertisements
    • 199 25 Call 6-594 7594 now for the IT Specialists Stone Forest IT OSzl^ isa B| www.StoneForestlT.com.sg Partner {ggS^J SAMUDERA SHIPPING LINE LTD NOTICE TO TRADE BUNKER COST RECOVERY With the continuing increase in bunker costs, please be advised that we will implement a Bunker Cost Recovery of USD 50.00 per TEU
      199 words

  • PROPERTY
    • 354 26 Bloomberg Proceeds will fund construction of new embassy structure, to begin in 2013 [LONDON] The US embassy building here will be bought by part of Qatar's sovereign wealth fund and its staff will vacate Grosvenor Square after more than 70 years. Qatari Diar
      – Bloomberg  -  354 words
    • 378 26  -  NISHA RAMCHANDANI By [SINGAPORE] The luxury 149-unit Capella Niseko Resort and Residences in Hokkaido will be launched for sale here on Friday. Set on 32 acres of greenery and close to popular ski destination Annupuri-Nise-ko Mountain, the freehold residences -which comprises 94 apartments, 36
      378 words
    • 874 27 Reuters Investors attracted by investment grade rating and robust demand [NEW YORK] Bricks in one BRIC country could soon be a hot commodity. Brazil one of the four core BRIC emerging markets, along with Russia, India and China is a future host of the World
      – Reuters  -  874 words
    • 126 27 Bloomberg [SAN FRANCISCO] CB Richard Ellis Group Inc, the largest publicly traded commercial property broker, is seeking to raise as much as US$3OO million by selling new shares of its Class A common stock. The offering was disclosed in a regulatory filing on Tuesday.
      – Bloomberg  -  126 words
    • 156 27 Reuters [SEOUL] South Korean mortgage lending to households across the financial sector grew at a slower pace last month as a result of tight loan control efforts, Yonhap reported yesterday, easing pressure for an early rate hike. The state-run news agency reported that data
      Reuters  -  156 words
    • 393 28  -  KALPANA RASHIWALA By [SINGAPORE] As other developers mull over whether to release new projects this quarter or hold back until 2010, Ho Bee and MCL Land have moved to launch their Parvis condo at Holland Hill this week. The average
      393 words
    • 549 28  -  UMA SHANKARI Office market's fall stabilises due to improvement in employment By [SINGAPORE] The Asian real estate investment market continued to gain momentum in the recent third quarter, as capital values generally stabilised and sentiment improved. Direct real estate investment in Asia jumped
      CBRE Research  -  549 words
    • 623 29 Reuters Steve Smith, Charles Maudsley to spearhead firm's growth plans [LONDON] British Land has lured two of Europe's property veterans to beef up its board ahead of an expected surge in UK real estate investment and possible European expansion, its chief executive said yesterday.
      Reuters; BLOOMBERG  -  623 words
    • 473 29 Bloomberg [LONDON] Taylor Wimpey pic, the UK's largest homebuilder by market value, said that the average price of homes on order rose 9 per cent from the first half as the market continues to be "significantly better" than last year. The company has opened
      Bloomberg  -  473 words
  • Page 26 Advertisements
    • 1640 26 p#il v> f4*i", |i flHr ÜBa jaMMMMmi Zap Code 1 H 4 i k Hip r H 1 A A. RHuIiSS UlJilil S^JiF f^^l\ /lllf^ HOW T0 2tP- o°*>n^a<i software by SMS-ing the word 'zap" to ***** (post-paid) ■MMl^fte t^fl\/Ml&^ or 9741-9401 (pre-paid). Zap the colour code found in the
      1,640 words

  • Page 27 Advertisements
    • 60 27 RCL FEEDER PTE LTD NOTICE TO TRADE BUNKER COST RECOVERY With the continuing increase in bunker costs, please be advised that we will implement a Bunker Cost Recovery of USD 50.00 per TEU effective 1 December 2009 and until further notice, for all SOC shipments from Singapore to and from
      60 words
    • 749 27 ADVERTISING FEATURE B GlenCla,don j Where's Niseko? Niseko, once a best kept secret as Asia's best year-round location makes it an ideal year-round luxury holiday destination, playground, whether it's for powder snow in the winter, Nestled in this beautiful hideaway, the 32-acre Capella Niseko fields of flowers in the summer
      749 words

  • Page 28 Advertisements
    • 1703 28 IN THE MATTER OF THE THE comTamesact^ap so IN THE MATTER OF THE COMPANIES ACT (CAP. 50) compares act, cap. so COMPANIES ACT, CAP. 50 AND IN THE MATTER OF IN the matter OF AND AVENUE PROPERTIES GROUP locicton (asia pacific) pte ltd IN THE MATTER OF PTE LTD (IN
      1,703 words
    • 367 28 SIMATECH SHIPPING PTE LTD NOTICE TO TRADE BUNKER COST RECOVERY With the continuing increase in bunker costs, please be advised that we will implement a Bunker Cost Recovery of USD 50.00 per TEU effective 1 December 2009 and until further notice, for all SOC shipments from Singapore and Port Klang
      367 words
    • 103 28 LOOKING FOR A DREAM HOME FOR YOUR EXTENDED TIER FAMILY? LOOK NO FURTHER COS' YOU HAVE FOUND ONE Brand New 21/2 sty Good Class Bungalow at Chestnut, ONLY $7XX psf Elevated Land approx 22,470 Built in 17,000 sq ft with Annexe block, 8 ensuite bedrooms Self contained Entertainment/karaoke Gymnasium+Wine Cellar+
      103 words

  • Page 29 Advertisements
    • 294 29 Disclaimer 2008 The Hideaways Club. Ttie content of ttiis promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a risk of
      294 words
    • 236 29 Launching Soon IQ Invest in Singapore's most sought after residences in Marina Bay Please call for private presentation nWfflWl I Ul I oALE BY TENDER l^^^l DUSUN GROVE chij ~hdb Hub I Dl 2 Balestier Area Pri Sec Sch l^l Toa Payoh (ToaPayoh) ESmrt Freehold Residential Site PAN ISLAND EXPRESSWAY
      236 words
    • 111 29 ■zefrOiri4' 8 tffffc |fl V. 11 Attractive Pricing Huge Growth Location i^l jj —>W LJ L -> 'Close Proximity to Shopping Malls, t Golf Course The Speakers PERTH COME AND HEAR J|> FROIVI OUR EXPERTS! golden maddington FREE SEMINAR AT 2pm! (limitedseats) IJ^ l^jP .15Mins to Perth City D XSISs«
      111 words

  • Page 30 Advertisements
    • 1711 30 <£) red hat. Performance and scalability Hgi vm KBfilßllfE^^ The KVM advantage mamagaiaiiii^M E3 ißiiyiiii The post recession period will be characterized by reform and new ways of Red Hat, the world's leading provider of open source solutions, recently released doing business. The days of the fat budget are long
      1,711 words