The Business Times, 3 December 2009

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Total Pages: 29
1 29 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf!i A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 123/08/2009 Thursday, December 3,2009
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  • 772 1  -  VIKRAM KHANNA r~\T/~i a ~n •"A ~r* ~r^ n COMMENTARY By; [SINGAPORE] HERE'S how not to communicate you're in a financial hole: Put out a terse statement asking for a six-month payment moratorium on US$6O billion of debt that you
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  • 829 1  -  LEE U-WEN 16% reduction by 2020 if pact is reached; key role for public transport, no compromise on growth By [SINGAPORE] With just days before a major climate change summit kicks off in Denmark, Singapore has announced that it is ready to
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  • MARKETS DIGEST
    • 91 1 uss SS US$ (S$ per US$) 1.380 (USS/SS per 1.659 2.289 EURO (US$/S$/E) 1.510 2.084 Foreign currency per US$ S$ YEN 87.20 63.20 RM 3.376 2.446 HK$ 7.750 5.615 BAHT 33.13 24.00 RUPIAH 9,439 6,838 RENMINBI 6.827 4.946 INDIAN RUPEE 46.28 33.52 A$ 1.078 0.781 NZ$ 1.374 0.995 1COMP
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    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.602 TAIWAN 4.696 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 11.75 Source:
      Bloomberg  -  29 words
  • Page 1 Advertisements
    • 20 1 8 *****1 *****4 CONVERSATIONS WITH THE STARS Jeff Koons Exclusive to Luxe Christmas. Dec 11. Free with The Business Times
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    • 36 1 J 1338 ml *Tn lit j H -m JK V 1 1& Ik Annual Calendar Chronograph I SINGAPORE TAKASHIMAYASHOPPINGCENTRETEL(6S)6733O6IB-LUCKYPLAZATEL(6S)*****S93 |JJ H |l SUNTECCnYMALLIEL(6S)6337 5150-VIVOCnYTEL(6S) 6278 1698 VK MALffiSIA SURIA KLCC SHOPPING CENTCE TEL (603) 2166 2181
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  • Page 1 Miscellaneous
    • 52 1 OPINION PROPERTY HOCK LOCK SIEW GOLF Sf^L m Breakthrough possible v>^ 6 whole floors sold at Get stockbrokers in Magazine says it has f| at Copenhagen talks xVI V.J Al Marina Bay Suites preview on governance proof of Woods' affair i PAGE 20 LwV (V. PAGE 30 PAGE 9 PAGE
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 73 2 WITH just days before a major climate change summit kicks off in Denmark, Singapore has announced that it is ready to voluntarily slash its carbon emissions growth by 16 per cent below "business as usual" levels by 2020. This refers to the projected level
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      • 50 2 THE Singapore Exchange has paid $1.5 million in cash to its former chief executive Hsieh Fu Hua, whose term ended on Monday. SGX said the special cash award was "in acknowledgement of his past services and outstanding contributions to SGX". TOP STORIES, PAGE 2
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      • 58 2 GOLD soared through US$l,2OO as investors and speculators feared renewed US dollar weakness following President Barack Obama's decision to substantially boost the war effort in Afghanistan. If the US dollar weakens further, prices of gold, silver, platinum and palladium will continue to soar as
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      • 49 2 DEUTSCHE Bank has hired DBS Group South Asia private banking head Kwong Kin Mun to lead its own private wealth management business in South-east Asia. Six other senior Singapore-based private bankers have also been recruited recently for the business. COMPANY NEWS, PAGE 5
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      • 52 2 THE Singapore Mercantile Exchange is gearing up to start trading in the first quarter of next year. It said yesterday that it has received in-principle approval from the Monetary Authority of Singapore to operate the first Pan-Asian multi-product commodity derivatives exchange. COMPANY NEWS,
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      • 70 2 ABOUT half a dozen floors at Marina Bay Suites changed hands at last week's preview of the project, BT understands. The buyers of the whole floors are understood to be Indonesians, Singaporeans and other Asians. In absolute terms, the biggest transaction was close
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    • 584 2  -  y CONRAD TAN Hsieh Fu Hua also gets conditional award of 436,485 SGX shares B; [SINGAPORE] THE Singapore Exchange (SGX) has paid $1.5 million in cash to its former chief executive Hsieh Fu Hua, whose term ended on Monday. SGX said the special cash
      FILE PHOTO _7 j. _ J"  -  584 words
    • 551 2  -  TEH SHI NING It is disadvantaged when it comes to alternative energy sources: Jayakumar By [SINGAPORE] The extent to which Singapore can further reduce carbon emissions will be limited by an inherent inability to tap alternative energy sources and past actions, which
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    • 700 4  -  NEIL BEHRMANN Some point to speculative bubble, others say it is a bet against the US$ By in London GOLD soared through US$l,2OO as investors and speculators feared renewed US dollar weakness following President Barack Obama's decision to substantially boost the war effort
      AFP Graphic; London Bullion Association Market  -  700 words
    • 690 4 Reuters [DETROIT] General Motors Co's (GM) chief executive Fritz Henderson abruptly resigned on Tuesday, after the company's board decided that the carmaker needed to push its restructuring faster under new leadership. Mr Henderson was asked by the board to step down at
      – Reuters; REUTERS  -  690 words
    • 361 4  -  JOYCE HOOI Spore moves up 3 spots to 9th position in Asia: survey By [SINGAPORE] IT is not all cheap hawker food and iPods for expatriates who are based in Singapore. The latest Cost of Living survey from ECA International has given expatriates
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    • 445 4 Bloomberg LATEST US DATA [WASHINGTON] Companies in the US cut an estimated 169,000 jobs in November, according to a private report based on payroll data. The drop, the smallest since July 2008, compares with a revised 195,000 decline the prior month, data from ADP
      – Bloomberg  -  445 words
  • Page 2 Advertisements
    • 356 2 Thumb (China) Holdings Group Limited (In Liquidation) Expressions of Interest Shares for Sale Electronics Manufacturing Services Hamish Christie of HA Christie Co, Cosimo Borrelli of Borrelli Walsh Limited and Christopher Stride of Krys Associates, were appointed as Joint and Several Liquidators ("Liquidators") of Thumb (China) Holdings Group Limited ("Thumb") pursuant
      356 words
    • 139 2 Hygiene Problems in your Office? isjVj* We Have The Solution! Singapore I l=jlif/ r y ft Lluh •ft 7 Air Sanitizer and Pest Control device with special rental package including comprehensive maintenance Visit us where you will find a suitable solution to your problems! a Innovation Shop: %\*h Applied Science
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  • Page 3 Advertisements
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  • Page 4 Advertisements
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  • COMPANY NEWS
    • 357 5  -  CHEW XIANG Medium-term focus will be acquisition of industrial property in Spore, Japan By THE new co-sponsor of MacarthurCook Industrial Reit (MI-Reit) yesterday said that it will focus on regaining unitholders' trust before embarking on new acquisitions, likely industrial properties in Singapore
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    • 273 5  -  OH BOON PING By MITSUBISHI UFJ Securities, a broking unit of Mitsubishi UFJ Financial, has raised its stake in Kirn Eng Holdings to almost 30 per cent -just shy of becoming the biggest shareholder. In a stock exchange filing, Kirn Eng said the
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    • 400 5  -  I CONRAD TAN By ASIA is poised for a sharp economic recovery next year, even as developed economies in the West continue to struggle, according to Standard Chartered's chief economist. "Our forecasts suggest the recovery will take the shape of an L
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    • 490 5  -  CONRAD TAN He'll join 6 others recently recruited from several rivals By DEUTSCHE Bank has hired DBS Group South Asia private banking head Kwong Kin Mun to lead its own private wealth management business in South-east Asia. Six other senior Singa-pore-based private
      490 words
    • 389 6  -  JAMIE LEE In-principle nod for it to operate commodity-linked exchange By THE Singapore Mercantile Exchange (SMX) is gearing up to start trading in the first quarter of next year. It said yesterday that it has received in-principle approval from the Monetary
      389 words
    • 232 6 CAPITALAND'S serviced residence unit, The Ascott Limited, has opened its fifth serviced residence in Beijing. The property, Ascott Raffles City Beijing, marks the first time an Ascott serviced residence has partnered with one of Capita Land's Raffles City mixed developments. "Ascott Raffles City Beijing
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    • 214 6  -  CHEWXIANG By CHINA Sun Bio-chem has received a cancellation of put option for US$l4.l million of convertible bonds. But the company still faces put options for U5573.2 million of bonds after several weeks of negotiations with bondholders. In September, China Sun said that it
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    • 153 6 A SINGAPORE Press Holdings (SPH) subsidiary is launching a facade LED screen and an in-mall video wall today at 313@Somerset, Orchard Road's newest shopping mall. The screen is SPH MediaßoxOffice's sixth large outdoor screen and its second in the busy Orchard Road shopping district. They will be
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    • 878 9  -  R SIVANITHY HY is it that when scandal rocks the stock market as it has this year with the high-profile problems at various China companies listed on the Singapore Exchange (SGX) nobody looks at the role that the stockbroking community might have played in safeguarding
      878 words
    • 495 9  -  JAMIE LEE ByJ SINCERE Watch will focus on growing the business in Asia by setting up stores in parts of China and India rather than turn to acquisitions at this point. This was revealed by the new set of owners of Singapore's
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 510 6 I |/f7s| ControlsAsia2oo9 \/a\\ lnstrumentAsia2oo9 I/J N AnaLabAsia2oo9 V 1 wM^B M 111 \l \f T^e IGt:^ International Plant Process Engineering The. 14th International Instrumentation, Control, \f The 1 2th International Laboratory Analytical I W l I ,fl and Technology Exhibition and Conference Measurements! Testing Exhibition and Conference Technology Equipment
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  • Page 7 Advertisements
    • 202 7 We apologise for taking so long to perfect the jumping numeral mechanism. JT wKk j* I /JM It'll VBJI IWI Grand Prix d'Horloqerie Grand Prix de I'Aiguille dOr 2009 2009 winner of arguably the most famous award of the Swiss watch industry the "Golden Hand". GLASHUTTE r /SA At long
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  • SINGAPORE MARKETS
    • 585 8  -  R SIVANITHY STOCKS But a more mixed performance in broad market than STl's showing suggests restraint in some areas THE Straits Times Index added 25.39 points at 2,796.34 yesterday as investors continued to bet on more rises on Wall Street. But the broad market
      Bloomberg  -  585 words
    • 102 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 8 6 1 0 0 0 8 6 1 Manufacturing 48 52 73 11 56 61 84 Commerce 20 17 26 22 21 29 Tpt/Stor/Comms 19 13 10 19 13 13 Finance 16
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    • 122 8 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 17.746 17.746 60.125 60.125 Manufacturing 231.085 5.404 236.489 209.240 421 209.662 Commerce 121.318 15.846 137.164 127.811 3.905 131.716 Tpt/Stor/Comms 101.206 9.435 110.641 155.714 1.923 157.637 Finance 35.270 35.270 238.617 238.617 Construction 51.831 1.648 53.479 12.533
      122 words
    • 105 8 Capita Land 4.090 4-0.030 CapitaMall 1.780 4-0.020 CityDev 10.400 4-0.220 ComfortDelGro 1.540 4-0.010 Cosco Corp 1.070 -0.020 DBS Grp 14.540 4-0.180 F&N 4.030 4-0.040 Genting SP 1.090 -0.010 Golden Agri 0.470 HK Land 4.920 4-0.020 JMH 29.980 4-0.340 JSH 17.380 -0.040 JardineC&C 25.900 4-1.500 Keppel Corp
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    • Article, Illustration
      861 8  -  JOYCE HOOI Straits Asia Resources Dec 2 close: $2.27 OCBC INVESTMENT RESEARCH, Dec 2 ADVOCATE caution at current levels. Straits Asia Resources (SAR) rallied by as much as 25 per cent since we upgraded our rating a month ago. We advocate caution at current levels as positives appear
      Bloomberg  -  861 words
    • 500 8 Reuters CURRENCIES [LONDON] The yen weakened broadly yesterday as traders took Japan's new monetary policy measures unveiled the previous day, and gains in stocks and some commodities, as signals to sell the ultra low-yielding currency. The US dollar held its ground against most
      ■ Reuters; AP  -  500 words
    • 4 8 DAILY
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    • 65 8 Dec 2 VALUE CLOSE BT OB/OS -321.00+214.0 BT CADI -*****.00 +32.0 BT 10-day MA -*****.00 -32.00 FTSE ST Mid Cap 655.26 +5.87 FTSE ST Small Cap 512.96 +1.67 FTSE ST All Share 685.78 +6.02 FTSE ST China Top 266.98 +1.71 FTSE ST China 292.37 +1.78 FTSE ST
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    • 59 8 VOLUME Sinotel Tech 78,907,000 Gentinq SP 63,638,000 Golden Agri 56,036,000 Yinq Li 50,549,000 CapMallsAsia 25,115,000 PSL Hldqs 24,232,000 Yanlord 20,658,000 Capita Land 20,488,000 Ziwo 19,847,000 Sing Tel 19,243,000 VALUE(S) DBS Grp 95,167,270 Capita Land 84,009,160 Gentinq SP 69,560,370 CapMallsAsia 59,201,710 Sing Tel 57,739,860 UOB 56,221,100 Olam 49,266,760
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    • 108 8 CLOSE UP DBXT Ni 10US$ ***** 436.0 2.9 GLD 10US$ ***** 281.4 1.7 DBXT MSKorea 10US$ 4506 270.4 4.5 Jardine C&C 2590 150.0 6.1 DBXT FTChina25 10US$ 3205 121.4 2.8 DBXT MSEuroi 10US$ 4420 86.9 1.4 UOB.ES.0912 1970 52.0 2.7 DBXT MSTaiwan 10US$ 1583 49.7 2.3 JMH 2998 46.9
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    • 122 8 CLOSE DOWN 4774-128.3 -1.9 DBXT FTVietnam 10US! DBXT S&P Short 10US! 5460-125.5 -1.6 UOB 5.05%NCPS 100 ***** -20.0 -0.2 OCC5.1% NCPS 100 9930 -16.0 -0.2 OCBC Bk5.1%NCPS 100 ***** -10.0 -0.1 Pair irm 593 -9.7 -1.2 >re Land 626 -9.0 -1.. DBXT MSAsExJl 10US$ 2775 -8.3 -0.2 Great Eastern
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    • 86 8 Dec 2 CLOSE CHNG FR Dec 1 YR2009 S$ LOW S$ HIGH USS 1.3805 0.09 1.5579 1.3805® Euro 2.0837 -0.09 2.0952 1.9150 Pounds 2.2965 -0.62 2.4366 2.0356 AS 1.2800 -0.42 1.2942 0.9453 Yen* 1.5820 0.53 1.7278 1.4831 Rupiah* 0.***** -0.01 0.***** 0.***** Baht* 4.1650 -0.06 4.3390
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  • Page 9 Advertisements
    • 1025 9 Call 6-594 7593 now for the Payroll Specialist PAYDAY! Payroll Serve time to relax www.PayrollServe.com.sg I (incorporated in the Republic of Singapore on 8 January 2008) (Registration Number: *****0657N) Invitation in respect of 38,000,000 New Shares by way of placement, at $0.26 for each New Share, payable in full on
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  • SINGAPORE NEWS
    • 371 10  -  JOYCE HOOI Plant's output makes Singapore self-sufficient in liquid carbon dioxide By LINDE Gas Singapore is expanding its footprint in Singapore by reducing its carbon footprint at the same time. The gas and engineering company opened its $15 million liquid carbon dioxide
      371 words
    • 309 10  -  NISHA RAMCHANDANI Firm says Singapore's location, sophisticated workforce allow it to serve Asia-Pac better By CONTRACT research organisation PPD has launched a global central lab facility here at Science Park 11, so it can better serve bio-pharmaceutical companies in the Asia-Pacific. About US$3 million has
      309 words
    • 380 10 Young performers lend a helping hand to needy children by putting in time and energy THE performers at this year's Child Aid charity concert on Dec 19-21 may be young but they have plenty of heart. Andrew Sanjay George, for instance,
      ARTHUR LEE  -  380 words
    • 462 10  -  FELDA CHAY Target of 2015 for all workplaces to implement measures By UNSAFE practices are the main contributor to falls from heights at work. And to combat the problem, the National Work at Height Safety task force hopes to get all workplaces to
      462 words
    • 286 10 NTUC's Education Services Union (ESU) and Employment and Employability Institute (e2i) are considering putting out a programme that will allow current preschool teachers who do not meet the minimum language requirements that will come into force by 2013 to stay in the
      286 words
    • 306 10  -  WINSTON CHAI By MORE than $100,000 of new funds will be made available to producers in Singapore and the United Kingdom, thanks to a new tie-up between media agencies from the two countries. Under the agreement, signed by the Media Development Authority of
      306 words
    • 174 10 FROM the third quarter of next year, English language proficiency will be an additional requirement for Work Permit Holders (WPHs) in the hotel, retail and F&B industries to qualify for skilled levy status. The move was announced yesterday morning by Minister of State for Manpower
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  • Page 10 Advertisements
    • 159 10 Chudh A children's charity concert by The Straits Times &The Business Times Getting to Resorts World Sentosa Please note that admission to RWS is with Child Aid tickets only Taxi Drop off at 8 Sentosa Gateway, Festive Grand, BI.RWS Car Drive to RWS via Sentosa causeway. Keep to far left
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    • 179 10 Child Aid 2009 tickets now on sale TICKETS for the charity concert Child Aid 2009" (Dec 19-21), which is organised by The Straits Times and The Business Times, are now on sale. Tickets are available through Sistic at $15, $20 and $30. The concert, which will be held at Resorts
      179 words

  • SINGAPORE INTERNATIONAL
    • 1061 11  -  IE Singapore leads export of green ICT initiative, reports CHUANG PECK MING GREEN is the future. And going green offers Singapore in-fo-comm technology firms plenty of business opportunities if they act fast. The United Nations Climate Change Conference next week in Copenhagen, Denmark, will
      1,061 words
    • 378 11 FOR RSTN Consulting, going green begins at home. "We've bought newer e-STAR compliant notebooks for all staff as a first step," says managing director Steven Lim. e-STAR compliant notebooks meet United States energy efficiency standards. "After office hours, non-utilised notebooks are completely shut
      378 words
    • 560 11  -  CHUANG PECK MING Reports by EXPANDING into world markets demands that in-fo-communications technology (ICT) companies go green. "As a leading regional ICT company with increasing global and regional markets, Info Wave understands that these days, with increasingly sophisticated customers, there is a need
      560 words
    • 468 11 GOING green in a big way is a recent trend. And while many are still paying only lip service to it, Singapore-based CNA Group has been helping clients put green infocommunications technology (ICT) solutions into practice. It has been doing this
      468 words
  • Page 11 Advertisements
    • 186 11 Singapore International A fortnightly series brought to you by IE Singapore and The Business Times M I IE Awareness Seminar a Your Overseas Business with IE Singapore We all need a little help to look for potential business opportunities overseas. Key Highlights: International Enterprise Singapore as such has introduced several
      186 words

  • ECONOMY WATCH
    • 769 12 Reuters, Bloomberg Minister responds to concerns France will push for tighter rules at City's expense [LONDON] Britain has warned its EU partners not to stifle the City of London's financial services industry with excessive regulation, responding to concerns that France will push
      Reuters, Bloomberg; AP  -  769 words
    • 425 12 [NEW YORK] Charles Plosser, Philadelphia Federal Reserve Bank president, has said that the central bank should increase its main interest rate in the future in line with market rates, which will rise with the strengthening of the US economy. The
      BLOOMBERG FILE PHOTO  -  425 words
    • 272 12 -AFP [ANKARA] A Turkish minister said yesterday that he expected Muslims to withdraw their money from Swiss banks in response to a referendum vote that banned the construction of minarets in the country. "I am certain this (the vote) will prompt our brothers
      -AFP  -  272 words
    • 519 12 Reuters Policymaker signals central bank is open to new measures [KOFU, Japan] A Bank of Japan policymaker signalled yesterday the central bank was open to adopting more measures to support the economy following its emergency meeting the previous day that offered extra short-term funding.
      Reuters  -  519 words
  • Page 12 Advertisements
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  • MALAYSIA/INDONESIA
    • 395 13  -  LEE U-WEN Construction in full swing to bring shows, models, rollercoasters to life By [SINGAPORE] Construction of Asia's first Legoland theme park a US$2OO million project featuring 40 different rides and attractions began yesterday at Iskandar Malaysia in Johor. The 26-hectare Legoland Malaysia
      395 words
    • 307 13 Bloomberg Moves to rein in budget deficit, curb smuggling: minister [KUALA LUMPUR] Malaysia is reviewing state subsidies on sugar, rice and other products in a bid to curb smuggling and help rein in its budget deficit, a minister said yesterday. The Cabinet will
      – Bloomberg  -  307 words
    • 190 13 Reuters [TANJUNG BENOA, Indonesia] Indonesia, the world's biggest tin exporter, is expected to complete a regulation to limit tin production next year, a government official said yesterday. Bambang Gatot Ariyono, director for mineral and coal production at the energy and mining ministry,
      – Reuters  -  190 words
  • Page 13 Advertisements
    • 87 13 I I I I I I I I I CONFIDENCE in one's strengths leads to CERTAINTY in one's action. It is with this knowledge that we have proved a reliable SWISS partner in PRIVATE BANKING. Since 1755. I I I I W I m I I i I 1 I
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  • GREATER CHINA
    • 566 14 Reuters USs3b deal is first direct investment by Chinese bank in Taiwan finance firm [HONG KONG] China's ICBC is in talks to buy a stake in Taiwan's Cathay Financial, sources said yesterday, a deal worth more than US$3 billion and what
      – Reuters; REUTERS  -  566 words
    • 300 14 Bloomberg [TAIPEI] Primus Financial Holdings Ltd and China Strategic Holdings Ltd aim to resubmit an application to Taiwanese regulators in the next week, seeking approval to buy American International Group Inc's (AIG) unit in the island. "We are in intensive discussions with the regulator
      – Bloomberg  -  300 words
    • 154 14 I Bloomberg [HONG KONG] A Japanese client has sued Bank of America Corp's Merrill Lynch Co in Hong Kong for alleged reckless misrepresentation in selling him warrants that resulted in losses of 1.14 billion yen (5518.2 million). Kozo Sugiura, who sued Merrill and
      I – Bloomberg  -  154 words
    • 396 14 Reuters [SHANGHAI] China's leading Internet firm Shanda Interactive Entertainment aims to buy more digital entertainment platforms and game content developers to diversify its revenue. Shanda, which spun off its online games unit Shanda Games in September is keen to use its US$l.6 billion
      Reuters  -  396 words
    • 225 14 Reuters [BEIJING] Foreign firms and individuals will be allowed to set up limited partnership firms in China from March 2010, a move that could make it easier for some overseas investors to tap the domestic market. But it remains unclear how far-reaching the rule change, announced
      – Reuters  -  225 words
  • Page 14 Advertisements
    • 112 14 December Pulses is out! In the December issue of mm±. I Pulses, find out why being a 11^^^^^^ conservative local bank isn't y^J 111 necessarily a bad thing in a crisis. Also, check out our new m ss; column which addresses your m concerns on the markets and s j-*
      112 words
    • 11 14 WE iMKM ■■Mi d^ THE BUSINESS TIMES A publication of SpTl
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  • GREATER CHINA/INDIA
    • 332 15 -AFP Companies include Nuclear Power Corp, National Bank for Agriculture [NEW DELHI] India has prepared a preliminary list of 25 public sector companies that it could float on the stock market as it seeks to accelerate state asset sales, a report said
      -AFP  -  332 words
    • 479 15 -AFP Price of a vote can range from NT$5OO to thousands [TAIPEI] Taiwan should be a shining example of democracy in East Asia but it is tainted by vote-buying, and Saturday's local elections are no exception, observers say. Taiwan's voters will go to the polls
      -AFP  -  479 words
    • 565 15 The Washington Post [NEW DELHI] Recent pledges by the United States and China to cut carbon emissions are now propelling India to make its own commitment to slow greenhouse gas emissions and go into the upcoming Copenhagen climate summit with a firm proposal on
      The Washington Post; REUTERS  -  565 words
    • 187 15 AP [MUMBAI] The slump in India's merchandise exports eased to a 6.6 per cent pace in October, the Commerce Ministry said on Tuesday, marking the country's 13th month of declining exports. Previous months have seen declines of about 30 per cent and October's
      AP  -  187 words
  • Page 15 Advertisements
    • 1752 15 DO OSIM International Ltd (&<||J| (Incorporated in the Republic of Singapore) l!=yi!=^l (Company Registration No. *****4191N) CASA HOLDINGS LIMITED (Incorporated in Singapore) (Company Registration No. *****6212Z) Kirmr^c nc cvTDArtDniMADv peuedai UEEIIMP NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of OSIM International Ltd NOTICE OF EXTRAORDINARY GENERAL MEETING fthe
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  • Page 16 Advertisements
    • 104 16 9' '-^^Br Itl 4& "JC" 4 J h H Jjltß /Wr K/7S Wiluan receiving the Entrepreneur of The Year Award from Mr Giuseppe Nicolosi, CEO of Ernst Young Indonesia. C€f¥totatuhtiMis 'Best iMsfcs to Mr. Kris Wiluan jfw° Being awarded Ernst Young 2009 Indonesia's Entrepreneur of the Year me wen wishes
      104 words
    • 56 16 1 Congratulations "Best wishes Jn Mr. Kris Wiluan g for Being awardecC jt n Ernst Young \[j X <S> SUIVIITDIVID IVIETALS Fj Sumitomo Corporation I 3 Bussan Corporation p II Co^yratulklions I Nippon Steel Corporation I WlSrl£S far Being awurdkd x I If' 1 far Being awarded From I! I
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  • ASIA-PACIFIC/WORLD
    • 749 17 Bloomberg Reuters, Creditors panel said to include key lenders Stanchart, HSBC, Lloyds, RBS [DUßAl] Governmentowned Dubai World will meet its main creditors next week to discuss a request to delay payment on US$26 billion in debt that has shaken global markets and confidence
      Bloomberg; – Reuters,  -  749 words
    • 409 17 -AFP [NEW YORK] A US celebrity gossip magazine yesterday posted online audio of what it said was a recording of Tiger Woods begging a mistress to change her telephone voicemail in order to hide their affair. Us Weekly magazine said that Los
      -AFP  -  409 words
    • 409 17 Bloomberg [DUBAI] The credit crisis in Dubai that shook world markets hasn't stopped the country's ruler Sheikh Mohammed bin Rashid al Maktoum from buying race horses. Sheikh Mohammed was the top spender at the Tattersalls sales in Newmarket, England, on Nov 27,
      Bloomberg  -  409 words
    • 586 17 Reuters I Surprise verdict triggers 2.3% drop in Thai stock market [BANGKOK] Thai court halted the bulk of new projects at the world's eighth-big-gest petrochemicals hub on Wednesday over environmental concerns, rattling investors in Thailand and posing a new challenge for
      Reuters; REUTERS  -  586 words
    • 585 17  -  ANTHONY ROWLEY By [SINGAPORE] Faced with the continuing decline of the US dollar, the United States can no longer afford to maintain its global military presence at current levels and will probably require Asian and other host countries to shoulder
      585 words
  • Page 17 Advertisements
    • 112 17 Spinelli outlet at $5.50 and get a g% complimentary Spin or Latte! PULSES DECEMBER ISSUE, OUT NOW! In the December issue of Pulses, find out why being a conservative local bank isn't necessarily a bad thing in a crisis. Also, check out our new column which addresses your concerns on
      112 words

  • WORLD
    • 791 18 ■AP, AFP, Reuters Obama to send 30,000 more soldiers; first troops to return by July '11 [WEST POINT] President Barack Obama, in a defining moment of his presidency, has announced that he would deepen the US involvement in Afghanistan. The announcement to send 30,000
      ■AP,; AFP,; Reuters; i AFP; AFP Graphic; Department of Defense, icasualities.org, CSBATroops  -  791 words
    • 567 18 ■NYT Ruling clears way for full airing of dispute with govt [MOSCOW] An arbitration panel has ruled that shareholders in the former Yukos oil company, which was disbanded by the Russian government in 2007, are entitled to seek an estimated US$lOO billion in
      ■NYT  -  567 words
    • 189 18 Reuters [HOUSTON] A US electric utility will shut 11 coal-fired units totalling nearly 1,500 megawatts by 2017 as it shifts to clea-ner-burning natural gas to reduce emissions of carbon dioxide and other pollution, the company said on Tuesday. The 40- and
      – Reuters  -  189 words
    • 400 18 Bloomberg [LONDON] Ninety years after Johnnie Walker stopped making scotch in Annandale, David Thomson wants to put the distillery back on the whisky map of the world. The plant, 12 miles from where he grew up in southern Scotland, closed in 1921. With £5
      Bloomberg  -  400 words
    • 248 18 Reuters [LOS ANGELES] Ralph Alvarez, McDonald's Corp chief operating officer, who was widely believed to be in line for the fast-food chain's top job, will retire on Dec 31 due to health reasons, the company said on Tuesday. "Seven orthopedic surgeries and years of
      Reuters  -  248 words
  • Page 18 Advertisements
    • 27 18 tabla 1 THE HEARTBEAT OF THE INDIAN COMMUNITY jj.li 9 ATANDOORI CHRISTMAS Give your festive party an Indian flavour with dishes like tandoori turkey and turkey kebabs
      27 words
    • 643 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF COLLINS &AIKMAN FLOORCOVERINGS ASIA PTE. LTD. (Co. Reg. No *****3416W) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of COLLINS AIKMAN FLOORCOVERINGS ASIA PTE. LTD. duly convened and held at 311 Smith Industrial
      643 words

  • EDITORIAL & OPINION
    • 478 19 Innovation outside R&D AHEAD of a national economic review now underway, a separate study on Singapore's competitiveness has given its take on what's required, external factors aside, to keep the economy humming and flourishing in the medium term. It says in no uncertain terms that the country needs a fundamental
      478 words
    • 1305 19  -  AMIT ROY CHOUDHURY Emission cut announcements by the US and China may lead others to commit to targets ITH just four days to go before the crucial climate change talks begin in Copenhagen, the principal players have announced various measures that are expected to give
      AFP  -  1,305 words
    • 780 19  -  LEON HADAR THE BOTTOM LINE FIRST, the good news (or sort of): In his much-anticipated address on Tuesday outlining his strategy for Afghanistan, President Barack Obama refrained from employing the kind of fantasy-infused rhetoric about democratising the Middle East that his predecessor tended
      780 words
    • 1422 20  -  EUL-SOO PANG By THERE have been several proposals to create a stable and prosperous East Asian order through a variety of architectural formats. The two most recent ones come from Australia (the Asia Pacific Community) and Japan (the East Asian Community). Prime Minister Kevin
      AP O  -  1,422 words
    • LETTERS TO THE EDITOR
      • 470 20  -  Ang Hao Yao I REFER to the article "Get the right people for code review" (BT, Nov 26). In the article, the writer struck the nail on the head by saying that the right people should be appointed to the new council
        470 words
      • 785 20  -  Mak Yuen Teen I REFER to the report "Japan Land admits inadequate control over Japan Asia" (BT, Nov 27) and the announcements made by the company following the resignation of independent director Sin Boon Ann, who said he was not satisfied that Japan Land
        785 words


  • AVIATION/SHIPPING
    • 603 21 Bloomberg Association head cites lack of financing and project delays [OSLO] Norway's offshore shipping will struggle over the next two years because of a lack of financing and project delays, according to Elisabeth Grieg, president of the Norwegian Shipowners' Association. The industry has "started
      Bloomberg; BLOOMBERG FILE PHOTO  -  603 words
    • 485 21 Reuters [WASHINGTON] Northrop Grumman Corp told the Pentagon's chief weapons buyer on Tuesday that it would not compete against Boeing Co to build new aerial refuelling planes unless the Defense Department significantly changed the terms of the competition. Northrop president Wes Bush told
      – Reuters  -  485 words
    • 234 21 Bernana [LANGKAWI] MAS Aerospace Engineering Sdn Bhd (MAE) has signed memoranda of understanding (MOUs) with Pratt Whitney (PW) and Krauss GmbH Aviation Technologies, in an effort to place itself at the forefront of new aircraft technology. MAE is a wholly owned subsidiary of Malaysia
      Bernana  -  234 words
    • TRANSPORT STOCKS
      • 120 21 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp Mercator Lines MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.66 0.34 1.07 0 70
        120 words
      • 37 21 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.92 8.98 8.85 3.10 3.13 unch 0.09 unch 0.05 0.01 unch unch unch unch 19 60 239 105 2 0 1095
        37 words
      • 12 21 '00 'recious Ship Regional Cont 17.80 9.95 -0.20 -0.35 1443 1131
        12 words
      • 11 21 '000 JOil iingamas Cont 34.35 ...1.27 -0.10 3034 -0.02 *****
        11 words
      • 22 21 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 8.80 23.75 unch unch 0.10 0.25 unch unch 2058 2878 0 0
        22 words
      • 23 21 Evergreen Marine ....16.50 :irst Steamship 47.10 /Van Hai Lines 15.80 fang Ming Marine ..11.55 0.25 1.85 -0.10 0.15 10 6 1 6
        23 words
      • 39 21 '000 :awasaki Hvy Ind ..216.00 :awasaki Kisen 247.00 /litsubishi Hvy 298.00 /litsui Eng&Sbldg ..218.00 /litsui Osk Lines 477.00 Jippon Express 392.00 Jippon Yusen 254.00 -1.00 ***** -5.00 7676 10.00 ***** -1.00 5445 -5.00 ***** 13.00 6164 -7.00 *****
        39 words
    • 422 21  -  VINCENT WEE Industry gears up for upturn despite more rough waters ahead By [SINGAPORE] The year-end cocktail reception of the Singapore Shipping Association (SSA) last night was a reason for the beleaguered shipping industry to celebrate the end of the year and
      422 words
    • 2861 21 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finn-' AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA) 10 Bouraq Airlines (BOU), BR EVA Airways
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  • Page 21 Miscellaneous
    • 361 21 CRYPTIC CROSSWORD 3 Protection to put first (6) I 6 Firm pay without a duplicate 8 I I I I 8 Force coming from member I that is left outside (5) 10 f I 9 Earl had question with tran- ■ir i i i i j: ii 12 13 14
      361 words

  • SINGAPORE STOCKS
    • 8759 22 Transaction date: Dec 2 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 15 5000 ABR Hldgs 15.5 5.5 1938 AEI Corp 8 1 1100 AEM 23 10 2101 APOil 93 35 5550 ARA 8
      8,759 words
    • 1691 23 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net C000) High Low Buyer Seller C'vr P/E M Cap $mil 10 5 1181 s AAGrp 25 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 3 3480 t Adventus 20
      1,691 words
    • 419 23 Hii Low Code Comi fete fogol Hii Low Seller Cvr P/E ;mil 111 103 6389 ABFSG Bond ETF 110 818 427 CIMBAsean40 1OOUSS US818 +16 281 149 DBSSTIETF1OO 276 4627 3534 DBXT DJE5O 10US$ US4478 3282 1682 DBXT FTChina25 10US$ US3205 +88 5819 3228 DBXT FTVietnam 10US$ US4774
      419 words
    • 266 23 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
      266 words
    • 9512 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.108/ AIGIF Spore Bond Fund/A 1.373/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.11/ APS Alpha Fund (USD)!** 0.81/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt Spore Pte Ltd AXAWM -Talents
      9,512 words
  • Page 22 Advertisements


  • FINANCE & COMMODITIES
    • 372 24 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Ded World Index Preliminary 817.0 1.7 20.5 1.6 21.9 1.9 27.: t EAFE Preliminai 760.2 2.1 17.1 2.3 23.9 2.6 29.. Euro[ Prelim inan 1098.9
      372 words
    • 131 24 As at 9am Dec 2 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2670 1.3060 Can dollar 1.3120 1.3280 Euro 2.0700 2.0950 NZ dollar 0.9950 1.0170 Sterlinc 2.2790 2.3060 US dollar 1.3720 1.3880 Local dollars to 100 units of foreign currency:
      131 words
    • 177 24 Dec 2 $S_ Offer Bid Overnight 0.03 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 1/16 USS Offer par 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.25 0.29 0.35 0.37 0.55 0.90 0.95 Offer 0.20 0.24
      177 words
    • 29 24 Dec 2 en Hk Sett STI Dec 2777 2786 2788 SIMSCI Dec 332.2 336.5 335.4 Taiwan Dec 276.9 279.5 278.3 Source: MF Global (S) Pte. Ltd
      29 words
    • 21 24 Dec 2 Bid Offer 1-month 1.3800 1.3815 2-months 1.3804 1.3820 3-months 1.3806 1.3822 6-months 1.3813 1.3829 Source: OCBC
      21 words
    • 65 24 Dec 2 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hie Vol Open Done Position Low Dec 09 2456 Jan 10 2453 Feb 10 2483 Mar10 2483 Total o/p: ***** contracts 2445 2460 2440 132 1441 2476 2493 2453 779 ***** 2489 2510 2480
      65 words
    • 307 24 Dec 2 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec09 MarlO Jun10 Sep10 99.7375 99.6300 99.4900 99.2300 3954 8310 6691 3537 EUROYEN TIBOR FUTURES Dec09 99.560 99.585 MarlO 99.655 99.700 Jun10 99.690 99.690 Sep10 99.655 99.655 DedO 99.700 99.700 Mar11 Jun11 Sep11 99.545 99.655 99.690 99.655
      307 words
    • 193 24 Dec 2 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High j Low Close Sett Volume (lots) O/l (lots) Jan 10 279.0 Feb 10 Mario 281.0 Apr 10 285.0 May 10 285.5 Jun 10 279.0 281.0 284.0 285.5 279.0 279.5 281.0 284.0 285.5 285.0 72 290 30
      193 words
    • 464 24 Dec 2 Al CI Rmb Euro HKS IndRsRui Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound US1 Australia 0.970 6.332 0.614 7.189 42.922 87.547 0.809 10.704 3.131 1.274 77.511 43.136 1.280 6.771 0.926 29.821 30.730 0.559 0.928 Canada 1.031 6.527 0.633 7.410
      464 words
    • 83 24 Dec 2 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hii Day's [ii Low 3-Month BQ*****E 04.03.2010 1-Year BY*****N 01.11.2010 0.46 0.50 0.40 0.40 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year N*****0N 1.375 7-Year N*****0S 2.875 10-Year NX*****W
      83 words
    • 79 24 Dec 2 (USS) (S$) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 6 mths 0.***** 9 mths 1.***** 12 mths 1.***** 3 mths 0.***** 0.***** 6 mths 9 mths 12 mths 0.***** 0.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 0.***** 2yrs 1.***** 3yrs 1.***** 4yrs
      79 words
    • 172 24 Dec 2 GOLD (USS/oz) Dec 01 Dec 02 GOLD BULLION COINS (SS) Sellinc Hongkong 1193.00 1212.80 Nov 30 Dec 01 London 1172.00 1196.10 1172.80 1197.10 Source: Thomson Reuters (SS) Selling Buying 1 oz 1852.17 1683 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $649.49 533 SILVER Selling Buying
      172 words
    • 102 24 Dec 1 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 10 1059.50 1060.50 1078.50 1052.50 Mar10 1066.00 unch 1084.00 1058.25 May 10 1069.75 1068.75 1086.75 1062.00 Jul 10 1075.50 1074.50 1092.00 1067.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 09 40.58 40.19 40.99 40.05
      102 words
    • 77 24 CRUDE OIL PRODUCTS Dec 1 CRUDE (FOB origin) USS/barrel Close Chanc Brent blend (1-Mth F) 79.49 2.09 WTI (Near Mth) 78.25 0.94 Dubai (1-Mth F) 79.61 2.02 Tapis blend 83.75 1.70 Minas 80.65 1.75 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 80.25 86.00 1.85 1.40 USS/barrel Opec Oil
      77 words
    • 157 24 Dec 2 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2793 1.2814 0.9273 0.9278 Canadian dollar 1.3189 1.3206 0.9560 0.9562 Euro 2.0824 2.0852 1.5094 1.5098 NZ dollar 1.0038 1.0056 0.7276 0.7281 Sterling nrj_ 2.2881 2.2908 1.6585 1.6587
      157 words
    • 71 24 Dec 1\ minimum, 99.7 jritv (USS/tonne) Co Close Previous Cash 2073.25 2029.00 3 months 2103.00 2058.00 Copper, Grade A (USS/tonne) Cash 3 months 7048.00 7075.00 6902.75 6930.00 Lead (USS/tonne) Cash 2438.50 3 months 2468.00 2315.75 2345.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash
      71 words
    • 77 24 Dec 1 COCOA (£/tonne) Close Prev Hie h/Low Dec 09 2167 2140 2169/2138 Mar 10 2205 2173 2206/2167 May 10 2225 2194 2226/2189 Jul 10 2193 2166 2194/2158 COFFEE (USS/tonne) Close Pev High/Low Jan 10 1347 1354 1357/1343 Mar 10 1385 1390 1395/1379 May 10 1415 1421 1423/1411 SUGAR
      77 words
    • 2207 24 BOND, WARRANTS EXTENDED SETTLEMENT !l ide Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 3 -0.5 23 )36AdvanceSCTLtdW*****9 0.5 1 15 12 5.33 1 87 1844 9.00 53 8 '56#AsiaticGrp(H) LtdW*****2 8 05#Asiatravel W*****7 35 unch 100 1 3 1.38
      2,207 words

  • Page 25 Advertisements
    • 2253 25 The Business Times Shipping Times I P^^Q PlUii !ii!LMlM|ipMlilii 111 I ■rCTII i riTtJtTIH HnBMMMMMIpjAMMHMfI UK CONTINENT SERVICE U.S.A SERVICE I I 1 Destination Destination STXPOTBN RTM/ANR/TIL STXPO TBN NOL/CDN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination p"""" ORIENTE PRIME DBI/DMM SIN Destination AUTO BANNER
      2,253 words
    • 1304 25 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M V"xTI\IAIAM UAI Illirr TEb*****588 (14LINES) FAX:*****163 V\ \nk W/\ N HAI INt J m I!L: m *****88S FAX: |03> *****28S TEL: M *****0° FAX: (04)*****99 V. I If^l fcll*fc«# JOH TEL: (07) *****23 FAX: (07)*****21 SUR lib (031) *****75 FAX: (031) *****14/
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  • Page 26 Advertisements
    • 4841 26 nr^r linn eastern car liner, ltd i|s ll'Jj'RM'l U__s?L—l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS [BM Bjjii||yil|i|il|M |>GI3HESIIEi^^^M~VOV I RomKKT) I Ulli»HK¥) I SIN I PKL I )KT I KUC IKK I SUR I Blli'MlitifiW'lllMllfilf MM HDM SERVICE FMX and SMX SERVICE Connecting EMC SERVICE at MALTA I
      4,841 words

  • BizIT
    • 701 27  -  Google launches its highly anticipated Street View service, promising a boon for travellers and businesses here, reports ONG BOON KIAT STREET scenes along nearly all public roads in Singapore are now available as ground-level digital panoramic images, and one can take a virtual tour through
      701 words
    • 642 27 Bloomberg [NEW YORK] Panasonic Corp, the world's biggest plasma-TV maker, will invest US$l billion by 2012 in a plan to make its principal business equipping homes and buildings with solar power and energysaving technologies, the president said. The move focuses on
      Bloomberg \  -  642 words
    • 642 27 AFP [WASHINGTON] Google, under fire from Rupert Murdoch and some other newspaper owners, said on Tuesday it will let publishers set a limit on the number of articles people can read for free through its search engine. Google's announcement came as the News
      AFP  -  642 words
  • Page 27 Advertisements
    • 164 27 Call 6-594 7594 now for the IT Specialists Stnnp Fnrp^t IT Microsoft iim| gggmg OIUI IC I V/l COL I I GOLD CERTIFIED EfflM PUBi www.StoneForestlT.com.sg Partner jj^jj^^ jgg^^ Sun Fire™ X 4170 Server A Versatile Enterprise Server that Saves on Power, Space and Cost The Sun Fire" X 4170
      164 words

  • PROPERTY
    • 906 28 Bloomberg £205 m skyscraper overlooking Broadgate will open in mid-2010 [LONDON] The tallest tower in London's main financial district to open next year will not house bankers or office workers it will be a student dormitory. The 3 3-story building's owner is
      – Bloomberg; BLOOMBERG  -  906 words
    • 217 28 -Reuters [SYDNEY/MELBOURNE] Australian developer Lend Lease Corp has won a £1.5 billion (553.4 billion) contract to redevelop a swathe of London's Southbank, the firm said on Tuesday, sending its share prices sharply higher. The project is one of Europe's biggest urban regeneration schemes, comprising
      -Reuters  -  217 words
    • 213 28 Bloomberg [LAS VEGAS] Las Vegas home prices fell 34 per cent in October from a year-earli-er as foreclosed properties accounted for two-thirds of sales, reducing the value of single-family houses and condominiums, MDA Data Quick said on Tuesday. The median price paid for
      Bloomberg  -  213 words
    • 283 28 CB Richard Ellis said yesterday it has signed an affiliate agreement with Malaysian real estate services company Regroup Associates as part of a larger strategy to provide full-service offerings in major markets across Asia. Regroup, set up by Allan Soo, is a
      283 words
    • 441 29  -  KALPANA RASHIWALA Buyers include Indonesians, Singaporeans and other Asians By ABOUT half a dozen floors at Marina Bay Suites changed hands at last week's preview of the project, BT understands. The buyers of the whole floors are understood to be Indonesians,
      441 words
    • 354 29  -  NISHA RAMCHANDANI By JAPANESE fashion brand Uniqlo is already planning its fourth store in Singapore as it launches its largest store here today. "Singapore will be the gateway to the South-east Asian region. Singapore is very significant strategically," chief operating officer of Fast Retailing
      354 words
  • Page 28 Advertisements
    • 91 28 MM I*l CORONATION RD WEST 2-STOREY BUNGALOW FOR SALE Land *****/ Built-up 6300sqft Renovate or redevelop Elevated land Privacy ensured Close proximity to elite schools Nanyang Pri, Raffles Girls Pri, Hwa Chong, etc Freehold For Sale By Tender IRE 6-storey commercial building along South Bridge Road II Site area 211.2
      91 words
    • 120 28 mmmmmmmmmMmmmmim^^^ sav jH S 1 Eastgate 46 East Coast Rd |M j Excellent opportunity to acquire FREEHOLD JJ J fl strata office units I Jk Unit area: 840> 1 20° 2' ooo Sq n t* I 5 minutes walk to Parkway Parade, ■C^'hHOJi^Pl Marine Parade Central future Katong Mall *gJ
      120 words
    • 209 28 IT] ihi 1 M:i-T i t-i'i it n-lflSa^^^^^^| savills I "gSE^ISSs^^ grangerdKt I Casa Jervois Embassy*^ Land Area: 3,538.5 sq m d|Emb nisy| (approx. 38,088 sq ft) o mlMt Echo j Tenure: Freehold |m-U«* -MP 2008 Plot Ratio: 1.4 Q *M I commission a Near Redhill MRT, Valley Point and
      209 words

  • Page 29 Advertisements
    • 1375 29 H__^J__^L_J_ 1» iM. '"■d U' FTffi HOW TO ZAP: Download software by SMS-ing the word "zap" to ***** (post-paid) Mgß HsffßraWsj!^Ssiy or 9741-9401 (pre-paid). Zap the colour code found in the Savillsadvertisemetrt. '^IHSSWMMiIJMPVW I T*:m T^^^^Bl V^V^ V lIIV./ fjpßs data traffic charges and terms conditions apply. For help. L»_*J
      1,375 words