The Business Times, 17 December 2009
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2009-12-17
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The Business Times
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Title Section23 2009-12-17 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION CO regn no *****2868E MICA (P) 123/08/2009 Thursday, December 17,200923 words
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Article, Illustration1019 2009-12-17 1 KALPANA RASHIWALA - KALPANA RASHIWALA Demand looks robust going into new year after the $1.6b chalked up in 11 months By [SINGAPORE] The Good Class Bungalow (GCB) market the creme de la creme of the Singapore landed residential property market, at least on the mainland has seen1,019 words
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414 2009-12-17 1 Reuters, AP Negotiators on other key issues struggle to make headway [COPENHAGEN] African countries softened their demands for climate finance from rich nations yesterday, a shift that could remove a core obstacle in United Nations talks. "I know my proposal today– Reuters, AP - 414 words
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Article189 2009-12-17 1 CHUANG PECK MING - CHUANG PECK MING By in Copenhagen PRIME Minister Lee Hsien Loong is due to arrive here today to join some 116 other presidents and prime ministers in an unprecedented gathering of leaders to hammer out a deal on curbing global warming. A brief statement issued189 words
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MARKETS DIGEST
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Article84 2009-12-17 1 IS$ (S$ per US$) 1.398 (USS/SS per 1.626 2.273 ;UR0 (US$/S$/E) 1.453 2.030 Foreign currency per US$ S$ 'EN 89.70 64.20 3.423 2.449 IK$ 7.754 5.547 !AHT 33.18 23.74 lUPIAH 9,475 6,779 1ENMINBI 6.828 4.885 INDIAN RUPEE 46.70 33.41 1.114 0.797 IZ$ 1.395 0.998 1COMP 1,269.03 -1.78 IIKKEI225 10,177.4184 words
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Article30 2009-12-17 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.073 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: IBloomberg - 30 words
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Page 1 Miscellaneous
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Miscellaneous52 2009-12-17 1 M AVIATION BizlT RETAIL BUZZ PROPERTY J^^a Canberra asked to set time-frame Imperva aims to }t> M First Victoria's Secret Drop in prime CBD m y for opening up route end 2009 on a high in Asia to open here office rents eases PAGE 2 PAGE 28 I-WS PAGE 652 words
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TORIES
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Article, Illustration594 2009-12-17 2 NISHA RAMCHANDANI - NISHA RAMCHANDANI It says Canberra's commitment in a white paper is still too ambiguous By [SINGAPORE] Singapore Airlines has called on the Australian government to set a definite time-frame for the full liberalisation of the lucrative and protected trans-Pacific route, in re-REUTERS - 594 words
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THREE-MINUTE DIGEST
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45 2009-12-17 2 THE Good Class Bungalow market has seen nearly 100 transactions worth $1.6 billion in the first 11 months of the year. This is almost double the 51 deals valued at $827 million for all of last year. FRONT PAGE45 words
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57 2009-12-17 2 SINGAPORE Airlines has called on Canberra to set a definite time-frame for the full liberalisation of the lucrative and protected trans-Pacific route, in response to an aviation white paper yesterday. The white paper maps Australia's plans for its aviation industry over57 words
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81 2009-12-17 2 ABU Dhabi's main sovereign wealth fund, alleging fraud over its US$7.5 billion investment in Citigroup Inc, vowed yesterday to fight for its "legal rights" as it seeks compensation or an exit from the deal. Word of the dispute emerged late on Tuesday81 words
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68 2009-12-17 2 PRICES of government bonds could come under pressure next year as leading central banks begin to hike interest rates in the third quarter, says ÜBS Wealth Management. Central banks may shift their focus "to the risks of remaining too loose for too68 words
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67 2009-12-17 2 GLOBAL regulators will give banks a grace period before forcing them to implement stricter capital rules, easing concerns that lenders might need to issue massive amounts of shares in the near future. Shares of major Japanese banks surged on the news, with Mizuho Financial67 words
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51 2009-12-17 2 FOREIGN direct investments in China climbed at the fastest pace in 16 months in November, lured by a strengthening recovery in the world's third-largest economy. Investment rose 32 per cent from a year ago to US$7.O2 billion. GREATER CHINA, PAGE51 words
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68 2009-12-17 2 RAJ Rajaratnam, the billionaire Galleon Group LLC founder, and Danielle Chiesi, an executive at New Castle Funds LLC, were indicted for using inside information to profit from stock trades. The indictment includes 11 counts of securities fraud and conspiracy against Rajaratnam and 10 counts68 words
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55 2009-12-17 2 THE average monthly rent for Prime Grade A office in the CBD core has fallen at a slower pace in the fourth quarter, slipping 4.9 per cent from Q3. This is a much smaller decline than the drops in the first55 words
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541 2009-12-17 2 Bloomberg Central bank said to be seeking US$l b for its 47.6% stake [BANGKOK] HSBC Holdings pic, Bank of Nova Scotia and Hong Leong Bank Bhd are among bidders for a stake in Siam City Bank Pel, Thailand's seventh-big-gest lender by– Bloomberg - 541 words
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820 2009-12-17 4 -AP, Bloomberg, Keuters Adia vows to fight for 'legal rights' as it seeks damages or exit from deal; Citi promises to fight the claims [DUBAI] Abu Dhabi's main sovereign wealth fund, alleging fraud over its US$7.5 billion investment in Citigroup Inc, vowed-AP, Bloomberg, Keuters - 820 words
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Article, Illustration442 2009-12-17 4 CHUANG PECK MING - CHUANG PECK MING Along with Norway, common ground sought on 3 issues By in Copenhagen SINGAPORE has been asked to help move the climate talks here forward before world leaders arrive this week to discuss an agreement to cut back on emissionsDESMOND WEE/THE STRAITS TIMES - 442 words
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791 2009-12-17 4 UMA SHANKARI - UMA SHANKARI Analysts forecast a smaller drop in prime retail rents by end-2009 By [SINGAPORE] The retail sector the most resilient segment of the local property market in 2009 should hold up in 2010 as well. Most analysts expect prime retail rents791 words
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407 2009-12-17 4 SIOW LI SEN - SIOW LI SEN Target market is not just visitors but locals as well By [SINGAPORE] Banks are betting on the integrated resorts (IR) that are about to open for business soon. Bank of China, Citibank, OCBC Bank and United407 words
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475 2009-12-17 4 Bloomberg LATEST US DATA [WASHINGTON] The cost of living in the US accelerated in November from a month earlier, led by higher prices for energy and medical care. The 0.4 per cent increase in the consumer price index followed a 0.3– Bloomberg - 475 words
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Advertisement71 2009-12-17 3 X^ l^^^^l THE CRAFTSMAN WITH HIS BRUSH In a Louis Vuitton shoe there is, of course, quality you can see: superb materials, an impeccable finish and perfect proportions. But other qualities remain unseen: the craftsman's skill and the simple elegance of his gestures, repeated so often and precisely. Not forgetting71 words
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Advertisement228 2009-12-17 5 Panasonic ideas for life %f I f A JL A kpil; 4jlr,. IMI I The World's Slimmest Plasma TU* rH^^^^U W r"'/¥\ ■',< I llllill designedto redesign your life. pT i. '^X^'^ *^^^m I I 111 jj~~ jjjM^r'^H f\l I 111 At just one inch thin, Panasonic Viera Z1 redefines228 words
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COMPANY NEWS
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Article, Illustration474 2009-12-17 6 ARTHUR SIM - ARTHUR SIM Lingerie retailer will open at Resorts World Sentosa in Q1 next year By VICTORIA'S Secret is coming to town. And hopefully, so will some of the company's models. Ashvin Valiram, director of Malaysian-based retailer Valiram Group, says that this will474 words
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412 2009-12-17 6 Reuters Budget carrier aims to raise $200-250 m, say sources [SINGAPORE] Singapore budget carrier Tiger Airways plans to raise a small-er-than-expected $200-250 million in its upcoming IPO, following lukewarm response from potential investors, sources said yesterday. Tiger, 49 per cent owned by Singapore Airlines,– Reuters - 412 words
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389 2009-12-17 6 RONNIE LIM - RONNIE LIM Swiss-based firm's buy of 50.81% stake at discount pulls Chemoil 11% lower by close of trading By MARINE fuel supplier Chemoil Energy's shares fell as much as 15 per cent to a low of 37 US cents yesterday following Swiss-based Glencore International's389 words
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627 2009-12-17 6 LEE U- WEN - LEE U-WEN WITH less than six months to go before the world's biggest football event kicks off in South Africa, Singaporean fans are still unsure if they will even get to watch the tournament on television at all. This comes after627 words
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COMPANY BRIEFS
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Article119 2009-12-17 6 SINGXPRESS Ltd said that Sansui Resorts Ltd, a wholly owned subsidiary, is purchasing a property unit in Amoy Gardens Phase 111 in Kowloon, Hong Kong for HK$l.B million (*****,000). The property is for residential use and is currently subject to a tenancy generating monthly rental119 words
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69 2009-12-17 6 FURAMA Ltd said that its board of directors has appointed Prime Partners Corporate Finance Pte Ltd as adviser to its independent directors on the takeover offer by the Ng family, a controlling shareholder of Furama. Samta Hotels, which belongs to the Ng family, is69 words
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Article, Illustration359 2009-12-17 8 NISHA RAMCHANDANI - NISHA RAMCHANDANI Firm adding, cutting services on some routes but dropping others altogether By AS TRAVEL demand recovers, Singapore Airlines will bump up frequencies on some routes as it suspends operations on others. "Signs of a recovery in demand continue to beFILE PHOTO - 359 words
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628 2009-12-17 8 Reuters It could pay up to USs9oom for 70% stake in the firm [MUMBAI] India's leading telecom company Bharti Airtel may be looking to buy Bangladesh's Warid Telecom for up to US$9OO million, indicating a shift in focus to smaller targets after its planned US$24– Reuters - 628 words
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232 2009-12-17 8 JERMAINE NG - JERMAINE NG By SINGAPORE Technologies Telemedia (ST Telemedia) said yesterday it has received legal and regulatory approvals to acquire shares in Irish telco Eircom Holdings. These approvals include shareholder and court approvals. And ST Telemedia expects to close the transaction early next month.232 words
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469 2009-12-17 8 Reuters But not everyone is convinced valuations, forecasts are justified Singapore's rig builders have seen their order books fall sharply this year, but some analysts say a recovery is on the way as new contracts start to flow in with a– Reuters - 469 words
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737 2009-12-17 9 FELDA CHAY - FELDA CHAY It is mulling a name change to reflect this; may divest stakes in listed firms By NOVENA Holdings may divest its stakes in lifestyle and wellness companies as it focuses on building a new core business in the offshore and marine737 words
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338 2009-12-17 9 JAMIE LEE - JAMIE LEE Chief execs should be selected based on their fit, rather than track record By CHIEF executive officers should be picked from within organisations rather than from outside, says a senior executive of talent management company Development Dimensions International (DDI). "Organisations338 words
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192 2009-12-17 9 Bloomberg It has hired HSBC, Stanchart, RBS to arrange the 3-year loan, says a source [SINGAPORE] Yanlord Land Group Ltd, a property developer in China, hired HSBC Holdings, Standard Chartered and Royal Bank of Scotland Group to help it borrow US$35O million, according– Bloomberg - 192 words
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Advertisement25 2009-12-17 6 tahla t THE HEARTBEAT OF THE INDIAN COMMUNITY YOGA J II Trend or J^^_ A tradition? Jtofig 1984Bhopal f gas leak still taking its toll25 words
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Advertisement10 2009-12-17 7 1^ ißfe J^SSS^ I HAH 3S4Mif T p: ■p"'-:''':'? MmM^^^^^SSS^.10 words
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Advertisement718 2009-12-17 8 XL Announces Its Redemption of U5559,432 million Principal Amount of the 7.125% Guaranteed Notes due 2013 Dec 17,2009 PT Excelcomindo Pratama Tbk ("XL") announced today that it will redeem U5559,432 million principal amount of the 7.125% Guaranteed Notes due 2013 issued by Excelcomindo Finance Company B.V. and guaranteed by XL718 words
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Advertisement57 2009-12-17 8 I Mk '\W Mk 1 The New Luxury Showroom II nUA TANU 210 Turf City, #B-02(BukitTimah) UU Established since 19 84 6463 5111 9628 1899 ~^J $39^00^ $28,000) Estimated Erilmotad >^«^^mb_ t Estimated ><>TfcM f^^9' Eh $27,000^ $19,00 dV Estmated Estimated U \~?^H r»T*^ ■fc 1 4 kT/"^W^%T/^ 11 rSI57 words
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Advertisement344 2009-12-17 9 PICTET FUNDS PF(LUX)-Abs. Ret. Gib Conservative-P cap 11.12.2009 EUR 97,85 PF(LUX)-Abs. Rat. Gib Diversified-P cap 11.12.2009 EUR 109,38 PF (LUX) -Asian Equities (Ex-Japan)-P cap 11.12.2009 USD 165,09 PF (LUX) -Asian Local Currency Debt-P cap 11.12.2009 USD 125,85 PF (LUX) Blotech-P cap 11.12.2009 USD 277,01 PF (LUX)-CHF Llquldlty-P cap 11.12.2009 CHF344 words
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Advertisement6 2009-12-17 9 JET r^jSSSy^ ilw^-^K^R Jfl |MJnllU|inl 96 words
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SINGAPORE MARKETS
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Article, Illustration576 2009-12-17 10 R SIVANITHY - R SIVANITHY STOCKS It makes 15.23-point push on hopes of benign statement from Fed's Open Market Committee EXPECTATIONS that Wall Street would rise after the US Federal Reserve's Open Market Committee meeting yesterday led to a late push on the Straits Times Index, enabling it to:: Bloomberg - 576 words
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Article103 2009-12-17 10 Up Down Unch Up Down Unch Up Down Unch lulti Ind 7 7 3 0 0 0 7 7 3 lanufacturing 44 55 73 13 51 62 86 Commerce 16 20 23 18 27 30 "pt/Stor/Comms 13 13 14 13 13 17 ■inance 13 10 13 10103 words
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Article106 2009-12-17 10 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 31,759 31,759 71,357 71,357 lanufacturing 276,299 4,269 280,568 195,809 274 196,083 lommerce 103,248 18,234 121,482 125,975 3,449 129,424 'pt/Stor/Comms 83,186 4,068 87,254 170,471 797 171,268 :i nance 16,558 16,558 150,949 150,949 lonstruction 28,332 17,500 45,832 7,508 278 7,786 'roperties106 words
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Article100 2009-12-17 10 lapitaLand 4.180 -0.010 lapitaMall 1.800 +0.030 jtyDev 10.760 -0.100 lomfortDelGrc 1.590 +0.040 losco Corp 1.070 +0.020 IBS Grp 14.900 +0.140 :&N 4.160 ienting SP 1.150 +0.060 iolden Agri 0.495 +0.010 IK Land 4.840 -0.040 IMH 28.700 -0.460 ISH 16.840 -0.420 lardineC&C 25.180 +0.200 Ceppel Corp 8.270100 words
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Article, Illustration947 2009-12-17 10 CONRAD TAN - CONRAD TAN Singapore Airlines Dec 16 close: $14.24 DMG PARTNERS SECURITIES, Dec 16 SINGAPORE Airlines (SIA) reported another set of satisfactory operating statistics for November 2009. The company's system-wide passenger carriage in revenue passenger kilometres dipped a mere 5.1 per cent y-o-y against a 9.4 per cent reduction: Bloomberg - 947 words
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Article, Illustration538 2009-12-17 10 Reuters CURRENCIES [LONDON] The US dollar edged up against the euro yesterday, nearing a two-and-a-half-month high as investors awaited a Federal Reserve policy statement for clues to when it may begin winding down its loose monetary policy. The euro showed little reaction– Reuters; *"1 AFP - 538 words
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Article62 2009-12-17 10 CLOSE IT OB/OS 145.00 -54.0C IT CADI -*****.00 -22.0' IT 10-day MA -*****.00+14.01 TSE ST Mid Cap 664.22 +0.4 TSE ST Small Cap 528.39 -o.o; TSE ST All Share 691.69 +3.0 TSE ST China Top 274.22 -0.8! TSE ST China 295.28 -1.1 TSE ST Catalist 1191.50 -72.2162 words
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Article57 2009-12-17 10 VOLUME Gentinq SP 148,390,000 BanJooWlll222 45,001,000 Golden Agri 37,533,000 Teledata 33,621,000 Biosensors 33,425,000 RafflesEdu 26,134,000 MDR 22,150,000 Ocean us 20,881,000 CapMallsAsia 19,696,000 Capita Land 17,884,000 VALUE(S) Gentinq SP 167,953,990 Capita Land 74,583,840 DBS Grp 63,196,485 SIA 58,530,308 Sing Tel 54,204,060 CapMallsAsia 51,964,740 Noble Grp 50,467,910 Straits Asia57 words
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Article105 2009-12-17 10 CLOSE UP LD 10US$ ***** 159.3 1.0 :urama 198 52.0 35.' ilA 1424 48.0 3. ilA 200 1420 48.0 3. ;IA.ES.O912 1416 38.0 2. iBXT S&P Short 10US$ 5456 36.3 0. iTXPO 100 1416 22.0 iBS Bk6% NCPS 10 ***** 20.0 0., lardine C&C 2518 20.0 0.: IOB 5.05%NCPS105 words
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Article115 2009-12-17 10 BY CENTS CLOSE DOWN iBXT FTVietnam 10US$ 4130-262.7 -4.4 iBXT Ni 10US$ ***** -99.2 -O.i iBXT MSAsExJl 10US$ 2738 -71.3 -1.i IMH 2870 -64.3 -1.6 ISH 1684 -58.7 -2.4 iBXT FTChina25 10US$ 3078 -40.5 -0.9 MS India 10US$ 1473 -30.7 -1.! China H 10US$ 1656 -27.9 -1.; iBXT MSTaiwan115 words
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Article81 2009-12-17 10 iere stands ISS Dec 16 %CHNG CLOSE FR Dec 15 YR2009 S$ LOW S$ HIGH 1.3970 -0.35 1.5579 1.3800 iuro 2.0328 0.24 2.0952 1.9150 'ounds 2.2763 -0.38 2.4366 2.0356 1.2556 1.14 1.2942 0.9453 ren* 1.5553 0.66 1.7278 1.4831 lupiah* 0.***** -0.03 0.***** 0.***** !aht* 4.2097 -0.09 4.3390 4.1040 'eso*81 words
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SINGAPORE NEWS
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SINGAPORE ROUNDUP
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47 2009-12-17 11 NANO-FIBRE production equipment supplier Elmarco and the National University of Singapore have joined forces to explore novel nano-scale materials and contribute their know-how to academic and industry networks. Nano-scale materials are anticipated to provide breakthroughs in water-treatment, health, energy and environment-related applications.47 words
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49 2009-12-17 11 ASSOCIATE Professor Kwek Leong Chuan of Nanyang Technological University's National Institute of Education has been made a Fellow of the American Association for the Advancement of Science (AAAS) for his innovations in the theory of processing and communication of quantum information.49 words
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62 2009-12-17 11 SINGAPORE and Japan have signed an agreement to strengthen defence ties by formalising existing defence interaction, such as exchange visits by defence officials, policy dialogue, military staff talks and cross-attendance of courses and seminars. The agreement will also allow the two countries to broaden their62 words
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Article, Illustration334 2009-12-17 11 FELDA CHAY - FELDA CHAY Speakers at SMU dialogue share tips on landing a job By THE next three to five years will be a great time for regional banks, and those seeking jobs in the financial industry should look to join these outfits, OCBC's head of global334 words
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238 2009-12-17 11 FROM Jan 1, the Ministry of Health (MOH) will revise its subsidy framework to providers of subsidised long-term residential care services, such as nursing homes and chronic sick units. A similar exercise which took place earlier for community hospitals and hospices has benefited most238 words
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369 2009-12-17 11 OH BOON PING - OH BOON PING It is more bullish on corporate bonds, where default rates have fallen sharply By PRICES of government bonds could come under pressure next year as leading central banks begin to hike interest rates in the third quarter369 words
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Article, Illustration600 2009-12-17 11 CHEW XIANG - CHEW XIANG No solution but minor tweaking of laws needed: lawyer By CORPORATE governance laws here could do with minor tweaking, but it is ultimately a "people problem" with no solution, says lawyer Kala Anandarajah, who has just written a new edition of her 2001600 words
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295 2009-12-17 11 KEITH CHEE - KEITH CHEE By THE National Council on Problem Gambling (NCPG) yesterday announced the launch of Third-Party Casino Exclusion, which bars undischarged bankrupts as well as members of households that are receiving public assistance from entering casinos. People covered by the Third-Party Exclusion Act will be automatically295 words
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215 2009-12-17 11 A NEW Singapore-French research laboratory was inaugurated yesterday by Nanyang Technological University (NTU), the French National Center for Scientific Research (CNRS) and the Thales Group of Companies. The three parties signed a memorandum of understanding in Paris two months ago, and have since collaborated215 words
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Advertisement12 2009-12-17 11 CATS Recruit The first step on your ladder to success I < o12 words
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SINGAPORE INTERNATIONAL
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Article, Illustration645 2009-12-17 12 If the Copenhagen conference is a success, Spore firms in this sector are ready to tap the vast opportunities, reports CHUANG PECK MING ALL eyes including those of Singapore business will be on Copenhagen in the next two days as international leaders descend on645 words
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Article, Illustration482 2009-12-17 12 CHUANG PECK MING - CHUANG PECK MING Reports by AMONG protesters at the Copenhagen climate conference pushing world leaders to take quick and effective action are young Singaporeans. But they are not the only Singaporeans championing the green cause. Singapore business also has a green champion.FILE PHOTO - 482 words
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524 2009-12-17 12 GRENZONE, which designs and makes clean-energy and ener-gy-efficient products, first ventured abroad in 2003 barely a year after it started business when it broke into the Malaysian market for off-grid photovoltaic (PV) systems. And three years later, just as Malaysia's market524 words
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Advertisement254 2009-12-17 12 m now you can innovate, txpana ana ijrow w^ m^ thr h Business n "We are on the cusp of a design revolution in business. As a result, today's business About Rotman Designworks™ people don't need to understand designers better, they need to become designers." Designworks is the centre for254 words
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Page 12 Miscellaneous
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Miscellaneous15 2009-12-17 12 Singapore International A fortnightly series brought to you by IE Singapore and The Business Times15 words
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ECONOMY WATCH
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Article, Illustration681 2009-12-17 13 Reuters Global regulators have been pushing for more flexible approach [TOKYO] Global regulators will give banks a grace period before forcing them to implement stricter capital rules, three people said yesterday, easing concerns that lenders might need to issue massive amounts of shares in– Reuters; I REUTERS - 681 words
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Article, Illustration471 2009-12-17 13 AP, Reuters RBA says rates back to normal, cutting hike expectations [SYDNEY] Australia's economy, insulated from the worst of the global downturn by lavish government spending, slowed in the third quarter as the boost from the first phase of the stimulus faded. Gross– AP, Reuters; REUTERS (It t t 7 - 471 words
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351 2009-12-17 13 -AP [WASHINGTON] Foreign demand for long-term US financial assets slowed in October and China's holdings of US Treasury securities were unchanged. Continued strong demand for US debt is critical to financing America's soaring budget deficits and keeping domestic interest rates low enough-AP - 351 words
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548 2009-12-17 13 Reuters [SEOUL] South Korea's government said that it would tighten lending controls to contain household debt just as it softened its opposition to higher interest rates and readied to withdraw measures to protect the economy from a global slump. The– Reuters - 548 words
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GREATER CHINA/INDIA
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510 2009-12-17 14 Bloomberg MNCs are drawn to country's economic growth, expanding consumer market [BEIJING] Foreign direct investments in China climbed at the fastest pace in 16 months in November, lured by a strengthening recovery in the world's thirdlargest economy. Investment rose 32– Bloomberg - 510 words
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356 2009-12-17 14 Reuters [BEIJING] An increasing number of Chinese residents are unhappy about inflation, with nearly half of them saying overall prices are "too high and unacceptable", according to a quarterly survey by the People's Bank of China. Rising public discontent over inflation could– Reuters - 356 words
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604 2009-12-17 14 -Reuters Political pressure against such deals also rising: analysts [HONG KONG] Momentum is building for Chinese banks to link up with Taiwan lenders. What's also building is political pressure in the island to restrain such deals. A recent agreement signed by China and-Reuters - 604 words
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Article, Illustration559 2009-12-17 14 Bloomberg [TAIPEI] Tingyi (Cayman Islands) Holding Corp, the world's largest producer of instant noodles, surged by its daily limit on its Taipei trading debut on optimism prospects of sales in China may improve. Shares of the maker of Master Kong brandBloomberg; BLOOMBERG - 559 words
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Article, Illustration385 2009-12-17 14 Reuters Cash transactions, clearing operations partially affected [MUMBAI] About 400,000 Indian bank employees went on strike yesterday to protest me rging state-owned banks, partially affecting cash transactions and clearing operations, a bank union official said. Employees were also protesting the– Reuters; REUTERS - 385 words
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Advertisement13 2009-12-17 14 -—-^^T^l Lianhe ZaoK^l Who is the best selling I developer this year? liiiMliM^MJliiii.ffJM13 words
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ASIA-PACIFIC/WORLD
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Article, Illustration472 2009-12-17 15 Bloomberg, AP He faces 11 counts of fraud, conspiracy; New Castle Funds exec also indicted [NEW YORK] Raj Rajaratnam, the billionaire Galleon Group LLC founder, and Danielle Chiesi, an executive at New Castle Funds LLC, were indicted by a federal grand jury for usingBloomberg, AP; REUTERS - 472 words
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Article, Illustration543 2009-12-17 15 -LATWP.AP [DETROIT] Two weeks after taking the helm as chief executive of General Motors, Edward Whitacre said that the giant carmaker plans to repay loans from the US and Canadian governments by the end of June. It owes the US government roughly-LATWP.AP; BLOOMBERG - 543 words
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309 2009-12-17 15 Reuters [BRUSSELS] EU regulators accepted a pledge by Microsoft to allow rival Internet browsers on its systems, ending a long anti-trust dispute with the US software maker. Competition Commissioner Neelie Kroes said that millions of European consumers would benefit by being—,/ – Reuters - 309 words
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661 2009-12-17 15 Bloomberg [NEW YORK] Carlyle Group and Goldman Sachs Group were forced to cut the price for the initial public offering (IPO) of an oil explorer with no revenue or profits, while investors also extracted concessions from Blackstone Group LP in the– Bloomberg - 661 words
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349 2009-12-17 15 -NYT IRS exemption lets it preserve a USs3Bb tax benefit [NEW YORK] A day after Citigroup won approval to escape the government bailout programme, a special tax break that the bank received to pave the way for its exit could become a point of contention-NYT - 349 words
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WORLD WATCH
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64 2009-12-17 15 Bloomberg [LAS VEGAS] Las Vegas Sands Corp CEO Sheldon Adelson said Las Vegas convention bookings will recover in 2011 after collapsing during the recession. "It's coming back in force, as each quarter goes by there's more and more demand," Mr Adelson said. "There's noBloomberg - 64 words
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82 2009-12-17 15 Reuters [NEW YORK] Wells Fargo Co will buy Prudential Financial Inc's minority stake in retail brokerage joint venture Wells Fargo Advisors for US$4.5 billion, the companies said on Tuesday. The purchase in cash is expected to be completed on or before Dec 31. Prudential– Reuters - 82 words
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106 2009-12-17 15 Reuters [DUBAI] Abu Dhabi's US$lO billion financial aid to Dubai to meet debt obligations was in the form of bonds, the UAE foreign minister said in remarks to the Jordanian state news agency Petra. Abu Dhabi provided Dubai, a fellow member of– Reuters - 106 words
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106 2009-12-17 15 Reuters [NEW YORK] Federal Reserve chairman Ben Bernanke, who helped steer the US economy through its darkest days since the Great Depression, was named Time magazine's 2009 Person of the Year yesterday. "The recession was the story of the year. Without Ben Bernanke– Reuters - 106 words
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118 2009-12-17 15 Reuters [ATHENS] Greece is not discussing a bailout with other European Union (EU) countries, Greek Finance Minister George Papaconstantinou said on Tuesday, when financial markets gave his emergency deficit-cutting plan a thumbs down. Speaking following a meeting with his French counterpart in– Reuters - 118 words
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130 2009-12-17 15 Bloomberg [MOSCOW] Yegor Gaidar, an architect of Russia's economic transformation after the collapse of the Soviet Union, died while working on a book at around 3am yesterday from complications arising from blood clots, his institute said. He was 53. Mr Gaidar was one ofBloomberg - 130 words
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M'SIA/INDONESIA
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Article, Illustration592 2009-12-17 16 S JAYASANKARAN - S JAYASANKARAN Govt move suggests that Malaysia's foreign policy is now pro-US, he says by in KUALA LUMPUR FORMER prime minister Mahathir Mohamad expressed regret yesterday that Malaysia's foreign policy had seemingly turned pro-US. His latest salvo came after Kuala Lumpur's envoy to592 words
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344 2009-12-17 16 Bloomberg RM4OOm outfit will open by early 2013: partner Khazanah [KUALA LUMPUR] Pinewood Shepperton Pic, the owner of studios where James Bond and Harry Potter movies were made, will open a media and production studio in southern Malaysia. It will partner a unit– Bloomberg - 344 words
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Article190 2009-12-17 16 Reuters, Bloomberg [KUALA LUMPUR] The Malaysian unit of Kuwait Finance House has pulled out of a RM92O million (***** million) deal to buy part of an office tower from a local property developer. Malaysia's YNH Property Bhd told the stock exchange late on Tuesday– Reuters, Bloomberg - 190 words
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208 2009-12-17 16 -AFP [KUALA LUMPUR] US computer giant Dell will cut 700 jobs in Malaysia as it looks to slash costs, newspaper reports said yesterday. The company said the affected workers from its plant in northern Penang state would leave Dell between January-AFP - 208 words
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251 2009-12-17 16 Reuters [TIMIKA, Indonesia] Indonesian police have killed a leader of Papua's main separatist group near Free-port-McMoran Copper Gold Inc's huge mine in the remote eastern-most part of the country. Kelly Kwalik, the highest commander of the Free Papua Movement (OPM), was killed by police in– Reuters - 251 words
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Page 16 Advertisements
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Advertisement189 2009-12-17 16 kJ SPBA-HERITAGE BRANDS SPBA PROMISING BRANDS SPBA-CITIBUSINESS REGIONAL BRANDS A And first Inductee into Ik B B fc^vlSl HkllH^ BBr^^ iKi 11 W tl I SS^H^^bH^U I us I 000 I '/jJ[a wl I M SPBA ESTABLISHED BRANDS SPBA MOST POPULAR BRAND H r^^^k M nr'ttnL. B^. 88l *•>" Blfc^j^^^189 words
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EDITORIAL & OPINION
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519 2009-12-17 18 TAIWAN'S President Ma Ying-jeou was entirely predictable in his reaction to the local election results last week that saw the fortunes of his ruling Kuomintang party slump. He ordered the party faithful to collect information from the 17 districts that picked mayors and519 words
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Article, Illustration1387 2009-12-17 18 LEON HADAR - LEON HADAR Lack of progress on healthcare and financial reform shows it's business as usual in Washington US PRESIDENT Barack Obama and his aides have described their effort to reform an ailing and costly American healthcare system as the centrepiece of the ambitiousAFP - 1,387 words
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818 2009-12-17 18 POU SOTHIRAK - POU SOTHIRAK THE BOTTOM LINE By AS a non-official Cambodian participant, I attended a conference organised by the Australian government in Sydney early this month to discuss Prime Minister Kevin Rudd's proposal to form an Asia-Pacific community (APe). Australia's aim is818 words
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Article, Illustration1395 2009-12-17 19 VIKAS BAJAJ - VIKAS BAJAJ -NYT Improving climate for start-ups, venture funds, expanding domestic market can give world something to envy and fear By IN THE United States and Europe, people worry that their well-paying, high-skill jobs will be, in a word, "Bangalored" shipped off to India.-NYT; AP - 1,395 words
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Article, Illustration861 2009-12-17 19 WILLIAM PESEK JR - Rich nations most responsible for cooking planet must act first WILLIAM PESEK JR Bloomberg IT'S a rare embarrassment of riches that reaches as far as the ozone layer. China has just that in the form of its massive arsenal of foreign currency. Todd Stern, US lead climate negotiator, made the– Bloomberg - 861 words
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AVIATION/SHIPPING
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Article, Illustration701 2009-12-17 20 Bloomberg First delivery to ANA is now planned for late 2010 instead of original 2008 target [SEATTLE] Boeing Co's 787 Dreamliner completed a maiden flight that pilots said was "a joy", countering frustrations from a two-year delay and kicking off at least nine months– Bloomberg; BLOOMBERG - 701 words
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Article320 2009-12-17 20 -AP [NEW YORK] The union that represents mechanics at American Airlines planned to launch a publicity campaign yesterday aimed at steering travellers away from airplanes maintained overseas. American Airlines does its own maintenance at facilities in the US But the union said that it's frustrated that-AP - 320 words
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Article142 2009-12-17 20 Bloomberg [JAKARTA] PT Garuda Indonesia, the South-east Asian nation's biggest airline, was forced to delay a planned offer for defaulted bonds after too few investors attended a meeting in which it intended to discuss the proposal. Bondholders representing about 60 per cent of the Jakarta-basedBloomberg - 142 words
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235 2009-12-17 20 Bloomberg [HONG KONG] AP Moel-ler-Maersk A/S, owner of the world's largest container line, and 13 other car-go-box carriers plan to levy an "emergency revenue charge" on Asia-US shipments next year to pare losses. Members of the Transpacific Stabilization Agreement have adopted a voluntary guideline– Bloomberg - 235 words
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162 2009-12-17 20 Bloomberg [SHANGHAI] China Shipbuilding Industry Co completed the second-smallest debut gain in Shanghai trading this year as demand for new shares eases following about 80 equity offerings since June. The country's biggest maker of vessel equipment rose 12 per cent to 8.30 yuan– Bloomberg - 162 words
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Article2896 2009-12-17 20 AIRLINE CODES: AA American A -Fir Franee (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW). BG E Bangladesh Airlines (BBC /aI Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways Corpn2,896 words
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Page 20 Miscellaneous
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Miscellaneous219 2009-12-17 20 CRYPTIC CROSSWORD Across 2 Making a smashing entrance in the way (4) 26 What one hopes to have in hospital after being unwell, 6 Brave man having name for YESTERDAY'S SOLUTION abuse! (3-9) wader (5) Across: 1 Pontificate, 8 Creation--7 Rent unit out providing food ism -n Asne 12 Tosh,219 words
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SINGAPORE STOCKS
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Article8746 2009-12-17 21 Transaction date: Dec 16 Hi. Low Code Col Sale COOP) Hi; Low Bl Seller Cvr P/E Smil 18 3 3148 8Telecom 9.5 2.5 5834 A-Sonic 34 16 5000 ABRHIdgs 15.5 5.5 1938 AEI Corp 8 1 1100 AEM 23 10 2101 APOil 93 36 5550 ARA 8 2.58,746 words
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Article1739 2009-12-17 22 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 $mil 10 5 1181 s AAGrp 25 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 3.5 3480 t Adventus 201,739 words
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Article400 2009-12-17 22 Hii Low Code Comi fete fogol Hii Low Big saw C'vr P/E imil 111 107 6389 ABFSG Bond ETF 109 819 427 CIMBAsean40 100US$ US816 290 149 DBSSTIETF100 283 +2 4627 3534 DBXT DJE50 10US$ US4305 3282 1682 DBXT FTChina25 10US$ US3078 -29 5819 3228 DBXT FTVietnam 10US$400 words
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Article250 2009-12-17 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer250 words
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Article9446 2009-12-17 22 UNIT TRUST FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.154/ AIGIF Spore Bond Fund/^- 1.376/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.16/ APS Alpha Fund (USD)!** 0.83/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt Spore Pte Ltd AXAWM -Talents9,446 words
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Page 21 Advertisements
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Advertisement16 2009-12-17 21 ■IH*Si«liv^ ti\>V ill \W LVi I 111 nlkTi 'x^fl LJ ill 111 nH IH LfMiiilHHKr JM16 words
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FINANCE & COMMODITIES
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373 2009-12-17 23 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec15 World Index Preliminary 821.5 -0.1 21.2 -0.3 22.0 -0.4 26.1 EAFE Preliminai 766.2 -0.1 18.0 -0.6 22.4 -0.7 26.5 Euro[ Prelim inan 1101.3 -0.1373 words
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Article132 2009-12-17 23 As at 9am Dec 16 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2500 1.2880 Can dollar 1.3070 1.3240 Euro 2.0170 2.0410 NZ dollar 0.9970 1.0200 jterlini ind 2.2550 2.2820 US dollar 1.3880 1.4040 Local dollars to 100 units of foreign132 words
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Article177 2009-12-17 23 Dec 16 IS Offer Bii Overnight 0.05 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.02 US$ Offer 3716 5/16 7/16 BJd 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 1.00 Offer 0.20 0.24177 words
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Article29 2009-12-17 23 Dec 16 ten nil in. STI Dec 2799 2799 2808 SIMSCI Dec 335.4 340.2 340.0 Taiwan Dec 280.4 281.5 278.0 Source: MF Global (S) He. Ltd29 words
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Article22 2009-12-17 23 Dec IS S! Bid Offer 1-month 1.3974 1.3988 2-months 1.3977 1.3992 3-months 1.3979 1.3994 6-months 1.3985 1.4000 Source: OCBC22 words
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Article63 2009-12-17 23 Dec 16 I I lelivery lonth Opening Sett Av Range Price Price Hi Vol Open Done Position Low Ian 10 2500 =eb 10 2540 War 10 2547 <\pr10 2573 FotaI o/p: ***** contracts 2538 2552 2500 732 6342 2580 2590 2540 4120 ***** 2586 2596 2546 9100 *****63 words
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Article358 2009-12-17 23 Dec 16 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 Jun10 Sep10 Dec10 99.5950 99.3450 99.0250 98.6800 0 0 0 0 ***** 6630 3611 3944 EUROYEN TIBOR FUTURES Mar10 99.6250 99.6350 Jun10 99.6650 99.6650 Sep10 99.6700 99.6700 Dec10 99.6500 99.6500 Mar11 99.6000 99.6000 Jun11 Sep11 Dec11358 words
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Article183 2009-12-17 23 Dec 16 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Jan 10 Feb 10 285.1 Mario Apr 10 May 10 288.0 Jun 10 284.0 286.5 284.0 285.1 285.0 285.0 288.0 288.0 70 180 74 602 809 594 610 730183 words
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Article85 2009-12-17 23 Dec 16 Period Issue code Maturity Yesterday's Bid Day's |h Low Hi, 3-Month BQ*****W 18.03.2010 1-Year BY*****N 01.11.2010 0.54 0.55 0.50 0.50 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****H 3.625 5-Year N*****0N 1.375 7-Year N*****0S 2.875 10-Year NX*****W 2.500 15-Year85 words
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Article101 2009-12-17 23 Dec 15 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 10 1055.00 unch 1068.50 1049.50 Mar 10 1062.00 1061.75 1074.75 1056.00 May 10 1066.75 1066.25 1077.75 1060.00 JuMO 1071.25 1069.50 1081.25 1063.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 10 39.64 39.63 39.99 39.40101 words
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Article77 2009-12-17 23 CRUDE OIL PRODUCTS Dec 15 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 72.96 0.04 WTI (Near Mth) 70.72 1.10 Dubai (1-Mth F) 72.39 -0.31 Tapis blend 75.05 -0.20 Minas 74.20 -0.20 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 74.10 79.80 0.05 0.60 US$/barrel Opec Oil77 words
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Article465 2009-12-17 23 Dec 16 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.953 6.128 0.618 6.960 41.911 85.043 0.805 10.469 3.073 1.252 75.744 41.494 1.255 6.678 0.935 29.007 29.781 0.552 0.898 Canada 1.050 6.432 0.649 7.305465 words
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Article79 2009-12-17 23 Dec 16 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths 1.***** 3 mths 0.***** 0.***** 6 mths 9 mths 12 mths 0.***** 0.***** 1.***** 0.***** 0.***** 0.***** SWAP Mid rates (S$) 1 yr 0.***** 2yrs 1.***** 3yrs 1.***** 4yrs79 words
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Article156 2009-12-17 23 Dec 16 Hydlllbl 3? Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: 0.8974 0.8977 Australian dollar 1.2538 1.2554 Canadian dollar 1.3158 1.3178 0.9418 0.9423 Euro 2.0290 2.0316 1.4523 1.4527 NZ dollar 1.0014 1.0033 0.7168 0.7174 Sterlinc md 2.2715 2.2747 1.6259 1.6265156 words
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Article140 2009-12-17 23 Dec 16 GOLD (USS/oz) Dec IS Dec 16 Hong Kong 1119.70 1125.60 London Dec 14 Dec IS 1122.80 1120.50 1123.60 1121.30 Source: Thomson Reuters CAST BAR (S$) Dec 16 Buying Sellim Kilobar "54,292.87" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz140 words
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Article70 2009-12-17 23 uec /5 Co iiuiii, yy.i (US$/tonne) Close Previous Cash 2197.60 2222.00 3 months 2234.00 2258.00 Copper, Grade A (US$/tonne) Cash 3 months 6854.25 6895.00 6872.00 6913.00 Lead (US$/tonne) Cash 2327.00 3 months 2360.00 2306.00 2339.50 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 370 words
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Article74 2009-12-17 23 Dec 15 Close Prev Hii ih/Low Mar 10 2257 2268 2273/2246 May 10 2274 2287 2290/2264 Jul 10 2247 2262 2263/2243 Sep 10 2219 2234 2240/2217 COFFEE (US$/tonne) Close Pev High/Low Jan 10 1373 1371 1392/1362 Mar 10 1404 1402 1425/1392 May 10 1432 1428 1447/1420 SUGAR (US tonne)74 words
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2233 2009-12-17 23 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 2.5 unch 10 >036AdvanceSCTLtdW*****9 0.5 S756#AsiaticGrp(H) LtdW*****2 8 H05#Asiatravel W*****7 35 unch 103 1 15 17 6.00 1 87 1844 9.00 1 3 -8 1.50 12,233 words
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Advertisement3654 2009-12-17 24 ____V KPI B-CT^jffHHffijPff^fffiJßßßß WAN HAI INTERNATIONAL PTE LTD UEN: *****469 5M A^JW I ft* SlMcßf '^ranJwT V\m\ lAf A M LI A I I I MFC T^*****588 0* LINES) FAX: *****163 "Ji^_l^__^^^T^^__! B^Jji BUBSh K3mi I V\^| WAN HAI INCj PKL TEL: {03| *****888 FJU: {03| *****288 PEN TEL: {04)3,654 words
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Page 25 Advertisements
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Advertisement4780 2009-12-17 25 I—FWl^ KIBSBBISISISB lIU eastern car liner, ltd IE^SIiSIXED UL_____l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS [BM BjjH||yil|i|il|U IP™^™^^^ I Ramp(KT) I Lilting(KT) I SIN I PKL I PEN I JKT I SUR I BTU I HDM SERVICE FMX and SMX SERVICE Connecting EMC SERVICE at MALTA I VENUS4,780 words
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ERNST & YOUNG AWARDS
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Article, Illustration573 2009-12-17 26 IT is difficult, tricky and many who try it end up failing. And that's what awards like the Ernst Young (E&Y) Entrepreneur Of The Year (EOY) are for to reward those who have not only taken a risk but had also the tenacity to endure the hardships that573 words
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Page 27 Advertisements
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Advertisement273 2009-12-17 27 Advertising feature Saluting the world's ieurs bi leading entrepreneurs m a n a l < Entrepreneurs are At Ernst Young, we are driven With 900 awards presented of the World Entrepreneur \[M ni^naar-r- nn .,,,i nr by our commitment to make annually to winners recognized Of The Year. Also, this273 words
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BizIT
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Article, Illustration510 2009-12-17 28 It sees biggest boost from Spore, HK, India and Thailand, reports WINSTON CHAI HILE most U IT companies are just starting to get some reprieve from the depressed economy, security specialist Imperva has been bucking the downturn and it is now lookingFILE PHOTO - 510 words
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269 2009-12-17 28 -AFP [SAN FRANCISCO] Google on Tuesday outlined a strategy for seizing a bigger share of online display advertising that has long been a key stronghold for rival Yahoo. Google said that the homepages of its glo-bally-popular video-sharing website You Tube have-AFP - 269 words
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686 2009-12-17 28 STEPHEN HOPKINS - STEPHEN HOPKINS <you say> By NOT so long ago, having your head in the clouds might be construed as a bad thing. How things change. These days, the "cloud" or cloud computing has become one of the tech industry's hottest buzzwords, with686 words
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326 2009-12-17 28 ■AFP [SYDNEY] Australia has dismissed claims that it is proposing a China-style plan for mandatory filtering of the internet and denied that the system could be abused to silence free speech. Communications Minister Stephen Conroy hit back at criticism of his "Clean Feed" plan to■AFP - 326 words
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Page 28 Advertisements
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Advertisement135 2009-12-17 28 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 |£^j£^H QB^V TURBO CHARGE YOUR ♦sa\s!!| DATABASE ENVIRONMENT HVfIBHH Introducing the New Sun Storage F5lOO Flash Array The World's Fastest Flash Database Accelerator135 words
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PROPERTY
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Article, Illustration792 2009-12-17 29 Reuters Investors concerned a real estate bubble burst would derail the region's economic recovery [HONG KONG] Property prices in parts of Asia have risen sharply, sparking worries that bubbles are forming and prompting policymakers to rein in the sector. Investors fear any real– Reuters; REUTERS - 792 words
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192 2009-12-17 29 Bloomberg People struggling to repay mortgages; more buyers as prices are falling [TOKYO] Auctions of foreclosed homes in Tokyo rose to a five-year high as more people struggle to repay their mortgages, Sanyu Appraisal Corp said. The number of homes sold at auctions– Bloomberg - 192 words
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383 2009-12-17 30 KALPANA RASHIWALA - KALPANA RASHIWALA Rental gap between newly completed and existing Prime Grade A blocks expected to widen By [SINGAPORE] The average monthly rent for Prime Grade A office in the CBD core has fallen at a slower pace in the current fourth383 words
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Article315 2009-12-17 30 Bloomberg [SYDNEY] Lend Lease Group's credit rating may be cut to junk by Moody's Investor Service and Standard Poor's after Australia's largest developer said it's part of a group picked as the preferred bidder for a Asl.4 billion (551.76 billion) ING property fund. A– Bloomberg - 315 words
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380 2009-12-17 30 KALPANA RASHIWALA - KALPANA RASHIWALA Stockbroker said to have sold Astrid Hill bungalow for $25.75 m or $970 psf By [SINGAPORE] Former star stockbroker Han Seng Juan is believed to be the seller of a good class bungalow (GCB) in Astrid Hill that changed380 words
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Article, Illustration225 2009-12-17 30 Reuters [TOKYO] Rents for first-class offices in Tokyo will likely bottom out in the first half of 2010 and foreign investors have already begun hunting investment opportunities in the city's property market, a report said. The average rent for Tokyo's grade A offices– Reuters; BLOOMBERG - 225 words
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251 2009-12-17 30 [SINGAPORE] Capita Land's wholly-owned serviced residence arm, The Ascott Ltd, yesterday launched its first Citadines project in Malaysia. The Citadines Kuching Uplands, along with others that are due to open in Malaysia, will more than double Ascott's current portfolio there from 455251 words
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Page 29 Advertisements
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Advertisement285 2009-12-17 29 Loves My MohcMned/SudtcuaA sa %."^|si»j™is BffffM Superb value commercial/ _^L^N^ -#-r l!!!!!l!Iltfc^ks£?S| roWfffl residentialshophouse ■>Ji»i?M?F'f*2l ttlm L» Conservation 4-storey "KVV* 3 JJ M PHHB^U S?:" BMiflffiSwilTHlHflll -Tastefully restored r\\ IIUiM "**%'s*''■ *999 years BL\A L^'-iSM BfffliffSHWfflfll^^ $29,500 tenancy JH rW^f JB Bf'MlWoiroillTpWrPlßliiili Good returns v V C KWjWfIPTIIPII 'Locals eligible285 words
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Advertisement299 2009-12-17 29 lull! la t<M t vuau I i Central Location: BaßfSnßffifSW^BfflJWlßi Opposite Equity Plaza, next to Raffles Place A Transportation Hub: A Walking distance to Raffles Place MRT A Station, area is well served by numerous A bus lines as well MM A Salient Features: H^b jyuj^j^^^H Raised floor system and299 words
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Advertisement626 2009-12-17 30 w >\ SA^/ILLS COMMERCIAL M fo^ Be RIGHT AT THE HEART OF SINGAPORE'S CBD BBBSBirl^^^^^^yj^t i^^ Jiii^id savills.com Commerce Point &w^4ii£^Hij^^2U^Ji^KUi^Af^^^^i^^iii*|^2^^A^^E^^T^^*yMi^^ki^ji^LiJ^L^H^^HiiL^^v PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREET NAME TYPE DATE AREA*(SQ626 words
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