The Business Times, 14 January 2010

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

Total Pages: 31
1 32 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|il A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, January 14,2010
    23 words
  • 685 1  -  Nervous Asian markets hit by Beijing’s move which may slow down rampant lending by banks By CONRAD TAN [SINGAPORE] Asian equity markets fell yesterday after China unexpectedly raised the reserve ratio for banks there, highlighting the risks for governments worldwide as they start
    Source: AFP  -  685 words
  • 819 1  -  But slew of public sector projects may keep builders busy in the days to come By KALPANA RASHIWALA [SINGAPORE] The value of construction demand, as measured by contracts awarded in Singapore, fell 41 per cent last year to $21
    819 words
  • 141 1 ST INDEX 2,888.38 (-27.73) ST INDEX FUTURES 2,888.0 (-28.00) SIMSCI 346.05 (-3.29) SIMSCI FUTURES 346.40 (-3.30) FOREX US$ S$ US$ (S$ per US$) 1.390 (US$/S$ per 1.621 2.253 EURO (US$/S$/E) 1.448 2.013 Foreign currency per US$ S$ YEN 91.30 65.70 RM 3.350 2.410 HK$ 7.755 5.579 BAHT 33.05
    141 words
  • Page 1 Advertisements
    • 117 1 BizIT S’pore firms to increase data centre spending PAGE GOOGLE Furious Google thumbs nose at China OPINION Time to curb antiChina pressures PAGE 21 TAKEOVER TUSSLE $50m salvo in Jurong Cement battle PAGE 2 PAGE 3 PROPERTY 2010: The year for luxury homes PAGES 31, 32 FURNITURE Why design matters
      117 words
    • 13 1 Tender prices for 2009 building works ease 15%, Page 3 8 *****1 *****4
      13 words

  • TOP STORIES
    • 611 2  -  Conditional offer from YTL Cement for certain assets of JCL subsidiary By JOYCE JOYCE HOOI [SINGAPORE] YTL Cement Singapore has fired a $50 million salvo in response to Holcim Investments (Singapore) Pte Ltd (HIS)’s takeover attempt of Jurong Cement Limited (JCL). YTL Cement,
      611 words
    • 422 2  -  By KALPANA RASHIWALA [SINGAPORE] Building Construction Authority’s official tender price index for building works eased about 15 per cent last year. Quantity surveyor Davis Langdon Seah’s overall tender price index declined by 20 per cent last year and it predicts a
      422 words
    • 565 2 Asian stocks fall as China mops up liquidity ASIAN equity markets fell yesterday after China unexpectedly raised the reserve ratio for banks there, highlighting the risks for governments worldwide as they start to rein in the extraordinary stimulus measures put in place at the height of the financial
      565 words
    • 819 3  -  Search engine ready to be thrown out as it strikes back after cyber attacks By MICHELLE QUAH [SINGAPORE] Google will stop censoring its search content in China and has threatened to pull out of the country entirely, following a high-level attack on activists’ Gmail
      PHOTO: AP  -  819 words
    • 676 4 They blame crisis on low interest rates, policies subsidising home ownership TESTIMONY BEFORE FINANCIAL CRISIS INQUIRY COMMISSION Bloomberg NYT [WASHINGTON] Leaders of four of the biggest US banks called for regulatory changes ranging from lower leverage to better consumer protection in testimony to
      Bloomberg; NYT; REUTERS  -  676 words
    • 498 4 Bloomberg [WASHINGTON] US banks whose compensation plans encourage excessive risktaking would have to pay more for deposit insurance under a proposal floated by the Federal Deposit Insurance Corp (FDIC) on Tuesday. The proposal is very preliminary and was contentious even
      Bloomberg  -  498 words
    • 374 4  -  By ONG BOON KIAT [SINGAPORE] Chartered Semiconductor Manufacturing yesterday officially joined with Globalfoundries to operate as one company under the latter’s name. And the combined company is beginning its new chapter with plans to hire more staff in Singapore. Chia Song Hwee, formerly
      374 words
    • 331 4  -  By EMILYN YAP [SINGAPORE] The Criminal Affairs Department (CAD) has asked Dayen Environmental to assist in investigations and provide information on past deals and certain employees and ex-em-ployees. This is the latest development in a string of disclosure issues surrounding the water treatment group. In April
      331 words
    • 531 4  -  Says DBS is open to taking equity stakes in Vietnamese banks By CONRAD TAN [SINGAPORE] DBS Group expects a “relatively good year” ahead for its business and the Singapore economy, chairman Koh Boon Hwee said yesterday. The bank will continue to
      531 words
  • Page 2 Advertisements
    • 465 2 Deloitte International Tax Seminars Series Clients/Alumni Of Deloitte Double Tax Treaties Workshops Venue Singapore Marriott Hotel Date 26 to 28 January 2010 (Workshop A) 2 February 2010 (Workshop B*) Who Should Attend The Double Tax Treaties Workshops are aimed at tax practitioners specialising in International Corporate Tax who are interested
      465 words
    • 104 2 Who will blink first in cement standoff? Page 5 Fog or Mist Problems We Have The Solution! Singapore Before jlfcil After u-~- 1 U \Z Mirror-Heater No Electricity Consumption! y i No Maintenance Required! ft Suitable for Hotels, Condominiums, Service Apartments etc. Visit us where you will find innovative solutions
      104 words

  • Page 3 Advertisements
    • 10 3 Google’s exit threat signals hurdles foreign firms face, Page 14
      10 words
    • 103 3 Work-Life Excellence Award WHEN YOU PUT YOUR PEOPLE J YOU ALWAYS COME OUT THE WORK-LIFE EXCELLENCE AWARD 2010 CALL FOR ENTRIES IS NOW OPEN. If your company has achieved its business goals while meeting the personal needs of its employees, enter the Work-Life Excellence Award 2010 and get the recognition
      103 words

  • Page 4 Advertisements
    • 81 4 [U1HUA YANG U U Established since 1984 Additional Discounts For Delivery Before CNY Limited Models Units only V/. tlllJ i AUDI A3 Sportback $96,988 AUDI A4 2.0'TFSi $136,988 AUDI A5 2.0T S-Troriic Sportback $168,988 AUDI Q5 2.0 Quaitro (S-Line) $175,988 <\ 11 AUDIT! Roadster $169,988 y Guaranteed COE Low Interst
      81 words
    • 8 4 Dayen expects to break loss spell, Page 9
      8 words

  • COMPANY NEWS
    • 423 5  -  Higher earnings lifted by swing in net income from investments By CHEW XIANG MEDIA group Singapore Press Holdings’ net profit for the first quarter to Nov 30, 2009, almost doubled to $144.7 million, from just over $73 million in the same period last
      423 words
    • 596 5  -  HOCK LOCK SIEW By JOYCE HOOI IN ONE of the rare occasions that “cement” and “excitement” can be used in the same conversation, an intriguing game of poker is being played out among Holcim Investments Singapore (HIS), YTL Cement Singapore and other minority
      596 words
    • 794 5  -  Final price will be fixed after book-building By VEN SREENIVASAN TIGER Airways launched its initial public offer yesterday with a maximum offer price of $1.65 per share targeted to raise about $246.8 million, the bulk of which will be used to fund its
      794 words
    • 436 6  -  Analysts see the acquisition as supportive of earnings growth By OH BOON PING ANALYSTS continue to be bullish on Olam International following news of its investment in a Nigerian wheat miller and other assets for US$107.6 million. Credit Suisse reiterates an “outperform”
      OLAM  -  436 words
    • 353 6  -  By FELDA CHAY CHINA Kunda Technology Holdings Ltd yesterday said it has signed a memorandum of understanding (MOU) to form a 50 million yuan (S$10 million) joint venture (JV) company with China-based Beijing Baiju Electrical Appliance Ltd to produce plastic automobile components.
      353 words
    • 862 6 Higher valuations in Greater China, including HK, cited Reuters [SINGAPORE] Singapore is fast losing its charm for Chinese companies, which once drove its IPO bandwagon, threatening its status as a major Asian bourse and posing a big challenge for new SGX CEO
      Reuters; BLOOMBERG  -  862 words
    • 445 9  -  Move will raise public float to 25% to prepare group for possible dual listing By TEH SHI NING NOVO Group has announced plans to raise $20.2 million via a proposed placement of up to 88 million ordinary shares. The placement will raise
      445 words
    • 338 9 Reuters [JAKARTA] Eleven firms, including a unit of palm oil giant Wilmar International, plan to invest a total of 27.5 trillion rupiah (S$4.2 billion) in Indonesia’s sugar industry, a senior industry ministry official said yesterday. The firms plan to develop 187,000 hectares
      Reuters; REUTERS  -  338 words
    • COMPANY BRIEFS
      • 73 9 FEDERAL International (2000) said a wholly owned unit has been awarded an additional contract of US$8.9 million by Saipem Spa to supply linepipes for the development of the oil and gas reserve at Menzel Ledjmet East field in Algeria. The contract was awarded to
        73 words
      • 100 9 NATURAL Cool Holdings’ has entered into a memorandum of understanding with Emirates Tarian Capital (S) Pte Ltd to sell the group’s building at 29 Tai Seng Avenue for $53 million. Its unit, Natural Cool Investments Pte Ltd, will lease back the property
        100 words
      • 57 9 Reuters SINGAPORE-listed developer Yanlord said yesterday that it has bought two adjacent land parcels in Hainan, China for 2.11 billion yuan (S$429.1 million). It bought the land, which has been slated for development of a five-star hotel and serviced residences, through a joint
        Reuters  -  57 words
      • 61 9 SINGAPORE Technologies Engineering yesterday announced that Singapore Technologies Marine Ltd (ST Marine) has signed a joint venture agreement with Hovertransport Consultants and Clearstone Investments LLC to form Hovertrans Solutions Pte Ltd. ST Marine will hold 51 per cent of Hovertrans Solutions, while the remaining
        61 words
      • 41 9 RAMBA Energy has entered into an agreement to place out 28,471,000 new ordinary shares and 6,529,000 existing ordinary shares at 52.5 cents each. Estimated net proceeds from the placement will amount to $17.8 million.
        41 words
    • 297 9 Reuters SINGAPORE’s Dayen Environmental expects to be profitable in 2010, after posting losses for the past four years, and is aiming to win $300 million of water contracts in Singapore and the region this year. CEO Alan Yau said in an interview that the
      Reuters  -  297 words
  • Page 5 Advertisements
    • 54 5 COMPULSORY Auto-Inclusion Scheme From 2009, employers with 50 or more employees are required to file employment income to IRAS electronically. Check out how PayDay! payroll Or simply outsource the tediou software can simplify it for you s process to us Call 6-594 7593 now for the Payroll Specialist PJSfOAf! PayrollServe
      54 words
    • 516 5 XPERIA' Get what you want, when you want. Introducing new auto-switching panels on the Sony Ericsson XPERIA™ X2. Your news. Your work. Your friends. Your entertainment. All in your own time. The XPERIA™ X2 allows you to customise your content so you get it exactly when you want it. Simply
      516 words

  • Page 6 Advertisements
    • 656 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PIERPOINT PTE. LTD. Company No.: *****6415E (PROVISIONAL LIQUIDATOR APPOINTED) Statutory Declaration by directors of Company's inability to continue business by reason of its liabilities Name of Company PIERPOINT PTE. LTD. Company No. *****6415E We, Jesse Michael
      656 words
    • 588 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NAUTICAL ACE PTE. LTD. IN LIQUIDATION (REGISTRATION NO. *****8312C) (MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, a FINAL MEETING of
      588 words
    • 424 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SING DEVELOPMENTS (CHINA) PTE LTD (COMPANY NO. *****0964H) (In Members'Voluntary Liquidation) NOTICE OF RESOLUTIONS Notice is hereby given that at an Extraordinary General Meeting of the above named company held at 96 Robinson Road #10-01 SIF
      424 words
    • 197 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OXMAR PTE. LTD. (Company No: *****1974N) (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING of the members of the abovenamed
      197 words
    • 22 6 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. NOTICES
      22 words
  • Page 6 Miscellaneous
    • 39 6 1 v. to to i 11 JACKPOT 1,500,000 TODAY! Sales Close at 6pm Draw at 6.30pm at PoMo lp yi. Always play with care, [responsibiyj Do not bet illegally. RCB Reg No: *****0202G Towards Community Purpose and Benefit SINGAPORE
      39 words

  • Page 7 Advertisements
    • 742 7 SINGAPORE PRESS HOLDINGS LIMITED Incorporated in Singapore. Co. Reg. No. *****2868E Unaudited Results for the First Quarter ended November 30, 2009 (Extract) ENGAGING MINDS ENRICHING LIVES Informing W illi INTEGRITY. s V 'if a 'A r 9 J Entertaining With PAS SI#N GROUP FINANCIAL HIGHLIGHTS This represents the recurring earnings
      742 words

  • SINGAPORE MARKETS
    • 618 8  -  Selling pressure wipes out all of STI’s gains for 2010 thus far, sending it into the red STOCKS R SIVANITHY Senior Correspondent THE panic buying that gripped the local market in the first week of 2010 appears to have given way to panic selling, at least
      Source: Bloomberg  -  618 words
    • 4 8 DAILY
      4 words
    • 64 8 Jan 13 VALUE CLOSE BT OB/OS 752.00-389.00 BT CADI -*****.00-184.00 BT 10-day MA -*****.00 +76.00 FTSE ST Mid Cap 712.66 -7.21 FTSE ST Small Cap 582.93 -2.82 FTSE ST All Share 717.53 -6.78 FTSE ST China Top 300.16 -2.60 FTSE ST China 307.53 -3.53 FTSE ST Catalist
      64 words
    • 186 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 11 4 0 0 0 1 11 4 Manufacturing 38 88 74 8 5 15 46 93 89 Commerce 9 34 28 5 4 8 14 38 36 Tpt/Stor/Comms 3 26 13
      186 words
    • BROKERS’ TAKE
      • 240 8 Jan 13 close: $2.72 DBS GROUP RESEARCH, Jan 13 OLAM announced on Tuesday that it had acquired Crown Flour Mills for a total consideration of US$107.6 million, comprising US$87.6 million enterprise value for a 99.5 per cent stake (or US$38.6 million equity value) and US$20 million for surplus
        240 words
      • 355 8 Jan 13 close: $1.23 DMG PARTNERS SECURITIES, Jan 13 WITH global demand still intact and favourable crude palm oil (CPO) price trends, we believe the medium- to longer-term prospects for the palm oil industry looks bright. First Resources has strong organic growth potential with the bulk of its
        355 words
      • 285 8  -  Jan 13 close: $0.74 DMG PARTNERS SECURITIES, Jan 13 Compiled by CONRAD TAN THE news: Multi-Fineline Electronix (MFE), a Nasdaq-listed entity, which is the main revenue contributor to SGX-listed WBL Corp, announced that it expects to report its highest-ever quarterly revenue at US$229 million for Q4 2009. The
        285 words
    • 122 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 36,614 36,614 111,632 111,632 Manufacturing 554,681 84,644 639,325 320,564 4,358 324,922 Commerce 285,372 14,639 300,011 180,257 2,225 182,482 Tpt/Stor/Comms 130,148 3,732 133,880 210,598 737 211,335 Finance 36,703 1 36,704 238,654 238,654 Construction 69,559 8,368 77,927
      122 words
    • 110 8 Stock name Close Change Stock name Close Change CapitaLand 4.210 -0.080 CapitaMall 1.830 -0.020 CityDev 11.620 ComfortDelGro 1.610 -0.010 Cosco Corp 1.340 DBS Grp 15.020 -0.160 F&N 4.470 -0.030 Genting SP 1.240 Golden Agri 0.590 -0.025 HK Land 4.770 -0.050 JMH 30.240 +0.060 JSH 17.500 +0.020
      110 words
    • 519 8 CURRENCIES Reuters [LONDON] The US dollar steadied yesterday, while the yen fell broadly as investors concluded China’s surprise monetary tightening on Tuesday would not derail growth, supporting higher-yielding currencies. Commodity-linked currencies such as the Australian dollar regained ground, but the market was still
      Reuters; AP  -  519 words
    • 56 8 VOLUME Oceanus 166,934,000 Golden Agri 144,677,000 Bio-Treat 119,977,000 FrasersComm 44,482,000 Genting SP 42,747,000 Jade Tech 42,318,000 Otto Marine 40,279,000 Midas 40,216,000 MAP Tech 34,035,000 ChinaSports 30,695,000 VALUE($) DBS Grp 89,645,891 Golden Agri 85,058,430 Keppel Corp 79,019,618 Oceanus 73,286,840 UOB 63,218,736 SingTel 57,054,202 Wilmar 56,409,620 Genting SP 52,654,110
      56 words
    • 106 8 BY CENTS CLOSE UP DBXT S&P Short 10US$ 5304 43.1 0.6 Great Eastern 1400 20.0 1.4 Broadway 89.5 11.5 14.7 OCBC Bk 5.1%NCPS 100 ***** 10.0 0.1 ShangriLa Asia 1446 8.6 3.4 Koon 51.5 8.5 19.8 JMH 3024 8.3 0.2 AscottREIT 139 5.0 3.7 Keda Com 12.5 5.0 66.7
      106 words
    • 127 8 BY CENTS CLOSE DOWN GLD 10US$ *****-294.6 -1.9 DBXT FTChina25 10US$ 3023-218.1 -4.9 DBXT Nifty 10US$ *****-198.7 -1.2 DBXT MSAsExJp 10US$ 2853 -84.8 -2.1 Lyxor China H 10US$ 1630 -59.7 -2.6 STXPO 100 1552 -56.0 -3.5 Jardine C&C 2632 -42.0 -1.6 Lyxor India Nifty 10 1582 -32.0 -2.0 Asia
      127 words
    • 87 8 Where S$ stands Jan 13 CHNG YR 2010 CLOSE FR Jan 12 S$ LOW S$ HIGH US$ 1.3889 0.03 1.4044 1.3878 Euro 2.0142 0.06 2.0153 2.0025 Pounds 2.2547 -0.70 2.2687 2.2242 A$ 1.2851 0.56 1.2923 1.2617 Yen* 1.5193 -0.76 1.5193# 1.5027 Rupiah* 0.***** 0.18 0.***** 0.***** Baht* 4.2018 0.04
      87 words

  • Page 9 Advertisements
    • 215 9 General enquires: 6221 8174 (PR Division), JETRO Singapore Panasonic ideas for life The IP Office Communication Promotion That Will Get All Businesses Talking In 2010 Figure from http://www.mzaconsjltants.com/ GO GO OQ Enhance your business with an integrated SIP solution designed to meet your ever changing needs supports companies with distributed
      215 words

  • SINGAPORE NEWS
    • 503 10  -  He is confident joint project will receive strong backing, become a showcase Reports LEE U-WEN in Hai Phong City, Vietnam WHERE swathes of barren land and vast padi fields now lie, in the years to come will be shopping malls,
      ZAOBAO  -  503 words
    • 564 10  -  By GEORGE JOSEPH SINGAPORE exporters will see the good times roll again as private consumption in the US starts to pick up from March this year. This is despite consensus that America will not be out of the financial woods any time
      564 words
    • 423 10  -  By EMILYN YAP INDUSTRIAL property prices could be heading up anytime by Q2 2010, says Colliers International, citing the close link between that sector and the improved residential property market. The property consultancy took a look at historical trends and
      423 words
    • 387 10 FIVE Singapore companies were among the first batch of 12 who signed agreements to invest in the new Vietnam-Singapore Industrial Park (VSIP) project in Hai Phong city yesterday. The quintet comprises Boustead Projects, which plans to develop a multi-us-er food processing and logistics
      387 words
    • 260 10 THE 10 racing yachts of the Clipper 09-10 Round the World Yacht Race will sail into Keppel Bay yet again next Saturday, kicking off 10 days of activities at Marina at Keppel Bay. The boats, including the Keppel Corp-sponsored Uniquely Singapore yacht
      260 words
    • 349 10 A MEMBER of the Jemaah Islamiyah (JI) terrorist organisation and the militant Moro Islamic Liberation Front (MILF) has been detained under the Internal Security Act (ISA), the Ministry of Home Affairs (MHA) said yesterday. Mohd Azmi bin Ali, 41, was arrested last November and issued an
      349 words
    • 197 10 IF you ever fancied chasing down criminals or fire-fighting, then heading down to Marina Square this weekend may be a good idea. The Ministry of Home Affairs (MHA) is holding a Career Fair from tomorrow to Sunday, 11am to 9.30pm, with over
      197 words
    • 242 10 THE tender for the collective sale of Green Lodge at Toh Tuck Road closed yesterday afternoon but it is not clear if a winner for the site has emerged. BT understands that there were “a few” bids for the freehold parcel, but marketing
      242 words
    • SINGAPORE ROUNDUP
      • 76 10 THE Accounting and Corporate Regulatory Authority (ACRA) is launching Open Analytics at a lunchtime seminar today. Open Analytics, an online financial analysis tool, will allow the business community to access financial information of Singapore companies in an interactive and dynamic manner. It will enable
        76 words
      • 55 10 White Case sets up arbitration practice WHITE Case LLP has established an international arbitration practice in Singapore. The team of four lawyers adds significant additional strength to its Asia-based international arbitration practice, which now comprises 20 disputes lawyers. Aloke Ray, an international arbitration White Case partner who joins Singapore from
        55 words

  • SINGAPORE INTERNATIONAL
    • 788 11  -  There are ample opportunities for S’pore providers of pre-school and vocational education, reports CHUANG PECK MING CHUANG PECK MING IT’S almost a perfect match in demand and supply. Vietnam is an emerging economy that’s trying to catch up with the world, with education playing a key
      REUTERS  -  788 words
    • 393 11  -  Reports by CHUANG PECK MING NTUC First Campus Co-operative’s venture overseas is “a natural development of its growth and expansion,” says its chief executive officer Chan Tee Seng. After all, with 14 schools and over 1,000 pupils, Little Skool-House International, the company’s premium preschool brand,
      393 words
    • 478 11 SINGAPORE Polytechnic is closely linked with Singapore’s success story, training and providing key technologists and professionals to run its industries at every turn of its economic development from low-tech to high-tech and knowledge-based. Since 2004, Singapore Polytechnic has been exporting its education model
      478 words
  • Page 11 Advertisements
    • 172 11 Singapore International A fortnightly series brought to you by IE Singapore and The Business Times VI 1 Singapore L llllllllllltll iePartnership Seminar 2010 Positioning for a changing global marketplace Come join the IE Partnership Seminar 2010 as our Regional and Centre Directors, based in over 30 locations worldwide, gather back
      172 words

  • ECONOMY WATCH
    • 717 12 Eurostat says figures seem to have been falsified to play down budget crisis AP AFP Bloomberg [BRUSSELS] Greece’s government budget figures were unreliable and seem to have been falsified to play down a budget crisis that has shaken the EU, the European Union’s statistics
      AP; AFP; Bloomberg  -  717 words
    • 453 12 AP [BERLIN] Germany’s economy shrank 5 per cent last year, by far its worst performance since World War II, official data showed yesterday. The figure published by the German Federal Statistical Office was in line with government predictions but slightly worse
      AP  -  453 words
    • 474 12 Reuters [MUSCAT] Oman’s economy grew 3.7 per cent in real terms in 2009, well above the expectations of the Gulf Arab country’s government and analysts, while inflation slowed sharply, an economy ministry source said on Tuesday. The global financial crisis slashed growth rates
      Reuters; FILE PHOTO  -  474 words
    • 287 12 Reuters [REYKJAVIK] Iceland’s Economy Minister said yesterday that there are signs that the country’s IMF-led aid package could be delayed after a hitch in a deal to repay the UK and the Netherlands money lost in the island’s banking collapse. Gylfi Magnusson, the
      Reuters  -  287 words
    • 707 12 Economic adviser expects net job gains by the spring AP Reuters [WASHINGTON] President Barack Obama’s emergency spending measures last year saved up to two million US jobs, the White House said yesterday, but it warned that the outlook for the
      AP; Reuters  -  707 words
    • 323 12 Bloomberg [WASHINGTON] Federal Reserve policy makers must raise the benchmark interest rate “well before” unemployment falls to an acceptable level in order to keep inflation in check, Fed Bank of Philadelphia president Charles Plosser said. Mr Plosser forecast the economy will expand
      Bloomberg  -  323 words

  • M'SIA/INDONESIA
    • 482 13  -  Arab-M’sian Banking expects 50bp rise in H2; loan applications jump 36.8% in Nov By S JAYASANKARAN in Kuala Lumpur STRONGER economic conditions could set the tone for a possible 50 basis points interest rate hike later this year, according to a report
      482 words
    • 501 13  -  By PAULINE NG By in Kuala Lumpur IF indications had been merely anecdotal previously, the data now appears to back it: young Malaysians are shying away from the local stock market, preferring safer banking products instead. Even though those below the age
      AP  -  501 words
    • 322 13 Reuters AFP [DANANG, Vietnam] Southeast Asian countries will not delay implementing a free-trade zone with China that has drawn fire from some industry groups, a senior regional official said yesterday. The Asian Wall Street Journal reported that Indonesia wanted to renegotiate the trade agreement that
      Reuters; AFP  -  322 words
    • 362 13 Reuters [JAKARTA] Indonesia’s Finance Minister Sri Mulyani Indrawati, a top reformer in President Susilo Bambang Yudhoyono’s Cabinet, yesterday defended her decision to rescue a troubled bank in 2008 to avert a financial crisis. Ms Indrawati, a former International Monetary Fund (IMF) director, appeared
      Reuters  -  362 words
  • Page 13 Advertisements
    • 3103 13 Asiatravel.com ASIATRAVEL.COM HOLDINGS LTD (Company Registration No.: *****7534E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ofAsiatravel.com Holdings Ltd ("the Company") will be held at Swissotel Merchant Court, 20 Merchant Road, Singapore *****1 in Rosewood Room on Friday,
      3,103 words

  • GREATER CHINA
    • 590 14 Move will reduce stimulus, risk of property bubble, bad loans: analysts AP [BEIJING] While the rest of the world is trying to recover from recession, China is trying to slow its economy down. Beijing took steps on Tuesday to curb the kinds
      AP  -  590 words
    • 596 14 Decision to pull out suggests govt taking a tougher line AFP [BEIJING] Google’s threat to pull out of China is evidence of the difficulties faced by foreign firms operating in the land of the “Great Firewall”, and could signal a tougher government
      AFP; REUTERS  -  596 words
    • 470 14 AFP [WASHINGTON] China, which has emerged as the world’s biggest exporter, is coming under fresh criticism in the United States and Europe for using an “undervalued” currency to shore up its economic and trade competitiveness. Beijing’s policy of keep- ing the yuan
      AFP  -  470 words
    • 231 14 AFP [HONG KONG] The city’s economy could be in for a rocky ride this year if a turnaround in the United States fails to take hold, Financial Secretary John Tsang warned yesterday. Hong Kong has reported improving economic data, including falling unemployment
      AFP  -  231 words
    • 325 14 Bloomberg [SYDNEY] Griffin Coal Mining Co, a failed Australian coal-mining company with debts of at least A$700 million (S$900 million), may be sold to a Chinese or Indian buyer, its administrator said. “There’s been a number of expressions of interest
      Bloomberg  -  325 words
    • 453 14 Move comes as two US stores withdraw bracelets, pendants Bloomberg [HONG KONG] China is investigating jewellery exporters as Wal-Mart Stores Inc and Claire’s Stores Inc withdrew bracelets and pendants on concerns they may contain the toxic metal cadmium. “We are trying to find out
      Bloomberg; AP  -  453 words
  • Page 14 Advertisements
    • 33 14 n m as I contest omy-sg I^MnesechaUenge #H-JM£0t®8 0 ttm «5ftH£: Lim Boon Pee Yeung Kin Chung Han Wee Heng ChinYeeTi lim Bee Lan SXXXX441A SXXXX559B SXXXX362H SXXXX161Z SXXXX600Z Mi $700« vs www.omy.sg
      33 words

  • INDIA
    • 394 15 Funds raised from such investors will be used on roads and ports Bloomberg [MUMBAI] The Indian government will offer a 5 per cent stake in NTPC Ltd, the country’s biggest power producer, to institutional investors in the first week of February as
      Bloomberg  -  394 words
    • 307 15 Reuters [NEW DELHI] At least half of India’s defence equipment is obsolete and needs urgent upgrade, a report said yesterday, underlining gaps in its defence preparedness in a region roiled by Islamist militancy and military rivalries. Only 15 per cent of India’s equipment
      Reuters  -  307 words
    • 616 15 Reuters [NEW DELHI] Indian refiners, scrambling to meet a tight deadline to produce clean fuel, are pushing to stagger the launch of the new standards or face the prospect of having to import about 400,000 tonnes of fuel a month from April. India’s Oil
      Reuters  -  616 words
    • 386 15 Reuters [NEW DELHI] Leading Indian telecom Bharti Airtel yesterday set up a new unit to drive its foreign expansion, signalling its growth ambitions are intact despite twice failing to reach a deal with South Africa’s MTN. A day after agreeing to buy control of
      Reuters; AFP  -  386 words
  • Page 15 Advertisements
    • 31 15 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY PONGAL PASSION What the Tamil harvest festival is all about m -afcii A GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      31 words
    • 82 15 INVESTMENT OPPORTUNITY IN ISKANDAR MALAYSIA 2 large estate homes at Leisure Farm, Iskandar Malaysia. a) The Colonade 63,466sq.ft land I Price: area, 9,340sq.ft built up area I MYR 6million b) Waterfall Villa 46,478sq.ft land I Price: area, 10,120sq.ft built up area I MYR 4.5million Interested, please contact: Charmian: 6550 5052
      82 words
    • 164 15 This is the first session of the “Going Global” series. Each session will feature a CEO sharing on building the company’s competitiveness and capabilities on a global platform. The “Going Global” series is a collaboration between the Action Community for Entrepreneurship (ACE) and The Business Times. GOING GLOBAL SERIES Olivia
      164 words

  • Page 16/17 Advertisements
    • 142 16/17 8 Nass"* SINGAPORE 8 Nassim Hill occupies an unrivalled location in an Asian centre that is increasingly the primary residence of choice. We offer a limited edition of 16 freehold expansive homes, each with a private pool and the highest level of design and specification. All take advantage of the
      142 words

  • ASIA-PACIFIC/WORLD
    • 640 18 Thousands feared dead; relief effort underway with US promising to help AP AFP [PORT-AU-PRINCE, Haiti] The earthquake that plunged Haiti into darkness is another blow to a nation that has seen more than its share of misery. Endemic instability, murderous dictators, more
      AP; AFP; PHOTOS: AFP, AP  -  640 words
    • 293 18 Bloomberg [BANGKOK] Thailand kept its benchmark interest rate unchanged for a sixth straight meeting, refraining from raising borrowing costs to support a nascent economic recovery that’s been hampered by political disturbances. The Bank of Thailand left the one-day bond repurchase rate at 1.25 per cent,
      Bloomberg  -  293 words
    • 423 18 Reuters [TOKYO] Prosecutors searched the office of a funding group for the Japanese ruling party’s No 2 official over a land purchase yesterday, media said, adding to the woes of the prime minister, whose own scandal has eroded support. Media reports
      Reuters; AFP  -  423 words
    • 690 18 Finance minister Kan seen as more vocal on monetary policy Reuters [TOKYO] The Bank of Japan is prepared to ease monetary policy further this year if need be as it braces for pressure from a new finance minister critical of the central
      Reuters  -  690 words
    • 538 18 Senate panel moving to reduce the CFPA’s independent status Reuters [WASHINGTON] The Obama administration’s proposal to create a new US agency to protect financial consumers is fast losing support in the US Senate Banking Committee, said lobbyists and analysts on Tuesday. In
      Reuters  -  538 words

  • WORLD
    • 541 19 It says that only a slight profit was made due to a charge of 1.4 billion euros for assets considered at risk Bloomberg [PARIS] Societe Generale bank warned yesterday that its earnings for the fourth-quarter of 2009 would be weaker than investors had expected,
      Bloomberg  -  541 words
    • Article, Illustration
      98 19 [ESSEN, WESTERN GERMANY] The light installation, “Soap Opera”, by raumlaborberlin, is seen during the opening of the European Capital of Culture Ruhr.2010 at the former coalmine “Zeche Zollverein” in Essen, western Germany on Jan 9, 2010. For the first time, a region such as the Ruhr district, with
      AP  -  98 words
    • 494 19 Reuters [LONDON] Royal Bank of Scotland said on Tuesday that investors are concerned that a clampdown on bonuses would hamper its ability to retain staff and warned parliamentarians the rescued bank could find itself “prisoner” to market rates. Speaking several
      Reuters; YEN MENG JIIN  -  494 words
    • 264 19 Reuters [LONDON] Regulators should tailor their new liquidity reporting requirements for banks through better coordination among supervisors to cut costs, top banking associations said on Tuesday. The Basel Committee on Banking Supervision is detailing global rules that will require banks to hold
      Reuters  -  264 words
    • 662 19 Bank seeks to curb losses in US$70b credit-card portfolio Bloomberg [NEW YORK] Bank of America chief executive officer Brian Moynihan named finance chief Joe Price to head consumer banking, the biggest unit at the largest US lender, seeking to curb losses in a
      Bloomberg  -  662 words
    • 381 19 NBC wants to bump show to later time slot, return Jay Leno to late-night AP [LOS ANGELES] Conan O’Brien has refused to play along with NBC’s plan to move The Tonight Show and return Jay Leno to late-night, abruptly derailing the network’s
      AP  -  381 words

  • EDITORIAL & OPINION
    • 449 20 EDITORIAL INVESTORS and speculators are shrugging off the generally muted expectations of economic growth among economists, and betting on a further upturn in prices of commodities. Underlying this optimism is a benign view of global economic growth that may well surprise on the upside.
      449 words
    • 767 20  -  THE BOTTOM LINE LEON HADAR Washington Correspondent IT is a production that will not cost as much as the American science-fiction epic film Avatar. And it is probably not going to attract as large a television audience as the reality shows American
      767 words
    • 944 20  -  Smaller states are not a bad idea but Congress, like BJP, should have a clear view about it YOGI AGGARWAL THE way the agitation for carving out a separate state of Telangana in southern India is gathering momentum is revealing. The Congress-led
      AP  -  944 words
    • 1784 21  -  China is willing to embark on heavy lifting of its own rebalancing and to contribute to resolution of global imbalances STEPHEN ROACH The writer is chairman of Morgan Stanley Asia and author of ‘The Next Asia’ (Wiley 2009). He serves as the firm’s senior representative
      REUTERS  -  1,784 words
    • 845 21  - How Americans live and change numbers speak ROBERT SAMUELSON YOU may think that the last place to find a portrait of a nation is a book full of numbers. But turn to page 673 of the Statistical Abstract of the United States, and you find these intriguing figures. About three-quarters
      845 words


  • AVIATION
    • 157 22 AFP [WASHINGTON] The Federal Aviation Administration (FAA), the civilian authority overseeing US aircraft and airports, on Tuesday ordered the inspections of 135 Boeing 737 planes for possible cracks in the fuselage of the aging aircraft. The agency said that the external checks of
      AFP  -  157 words
    • 549 22 Kyocera founder’s inexperience in aviation not critical drawback: analysts Reuters [TOKYO] Kazuo Inamori, the founder of electronics maker Kyocera Corp, agreed on Tuesday to become the new chief executive of Japan Airlines, as the carrier’s shares plunged ahead of its expected bankruptcy.
      Reuters; AP  -  549 words
    • 2996 22 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1240 SQ458 1415 EY473 1940 Adelaide LH9771 1740 LH9770 2350 SQ268 1740 SQ269 2350 VS7268 1740 VS7269 2350 9W4081 1830 AF8087 1830 BA7381 1830 JL5084 1830 QF81 1830 Amsterdam LO4031 0610 KL836 0125 SQ323 0610 AZ3993 2250 US5410
      2,996 words
    • 208 22 Xinhua [SHANGHAI] Avic Commercial Aircraft Engine Co on Tuesday started building a research and development centre to develop engines for domestic-made jumbo jets in Shanghai. The centre is responsible for developing homemade engines for the 150-seat C919 and a 250-seat model. Tan Ruisong,
      Xinhua  -  208 words
    • 588 22 Move to match luxury standards of Asian, M-E carriers Bloomberg [LONDON] British Airways plc will spend £100 million (S$226 million) on upgrading its near 10-year-old first-class cabins in an effort to match the standards of luxury on offer at Asian and Middle Eastern
      Bloomberg; BRITISH AIRWAYS FILE PHOTO  -  588 words
    • 4901 23 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN RTM/ANR/TIL *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN NOL/CDN *Loads E./W. Malaysia,
      4,901 words
  • Page 22 Miscellaneous
    • 349 22 CRYPTIC CROSSWORD Across 1 Novel features in this store? (8) 5 Karl’s drug (6) 9 Giving a makeover to girly nest in need of renovation (9) 11 Garment very French worn by women (5) 12 Fifty in University Street meeting the Queen in the province (6) 13 Wrote music that’s
      349 words


  • 762 24  -  Asian council condemns move made without proper consultation By VINCENT WEE [SINGAPORE] In sharp contrast to the same time last year, the more familiar refrain of lines raising container freight rates and shippers crying foul is starting to emerge again. Seen as an
    762 words
  • 370 24 AP [MOREHEAD CITY, North Carolina] Officials shut down a busy port and urged people to get out of town on Tuesday after a forklift operator accidentally punctured containers of PETN, the highly explosive substance used in a Christmas Day airline bombing attempt. Port police knew
    AP  -  370 words
  • 354 24 Cold weather in China delays unloading of cargo US$28,875 a day. Bloomberg [LONDON] Shipping lines outside the world’s biggest ore and coal ports are near the longest since at least 2008 as demand gains and freezing weather in China delays cargo unloading, according
    US$28,875 a day. – Bloomberg  -  354 words
  • Page 24 Advertisements

  • SINGAPORE STOCKS
    • 9003 25 Transaction date: Jan 13 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3 3148 8Telecom 17.5 unch 131 17.5 17 17 17.5 5 0.6 31.8 83.8 10 2.5 5834
      9,003 words
    • 1944 26 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 s AA Grp 5 5 6 4.8 25 12 8538 t APStrategic 16.5 15 17 97.4 4 0.5 1501
      1,944 words
    • 9286 26 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.22/ APS Alpha Fund (USD)!** 0.88/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.74/ Aberdeen Asset Mgt Asia Limited American Opp 0.6552/ Asian Credit Fund 1.2132/ Asian
      9,286 words
    • 458 26 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 108.5 -1.5 5 108.5 108.5 108.5 110 495.3 846 427 CIMBAsean40 100US$ US835 -9 185 841 835
      458 words
    • 77 26 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 20 6000 AVJennings A51.5 +2.5 10 51.5 51.5 49 51.5 3.6 6.8 4.1 134.1 31 6 6017 Genting HK US$ US24.5 -0.5 1178
      77 words


  • FINANCE & COMMODITIES
    • 365 27 In local curr In S$ In US$ dy yr dy yr dy yr Jan 12 Index Change Change Change Change Change Change World Index Preliminary 849.2 -0.6 25.3 -0.5 25.7 -0.5 30.5 EAFE Preliminary 800.5 -0.4 23.3 -0.2 27.4 -0.3 32.2 Europe Preliminary 1137.7 -1.0
      365 words
    • 178 27 Jan 13 Bid $S Offer Bid Overnight PAR 0.05 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.15 US$ Offer Bid 7 days 0.23 0.18 1 month 0.28 0.23 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.53 0.43 9 months 0.90 0.60
      178 words
    • 22 27 Jan 13 S$ Bid Offer 1-month 1.3898 1.3912 2-months 1.3901 1.3915 3-months 1.3904 1.3918 6-months 1.3911 1.3926 Source: OCBC
      22 words
    • 132 27 Jan 13 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2710 1.3090 Can dollar 1.3310 1.3460 Euro 2.0030 2.0250 NZ dollar 1.0200 1.0420 Sterling pound 2.2350 2.2600 US dollar 1.3830 1.3990 Local dollars to 100 units of foreign
      132 words
    • 29 27 Jan 13 Open High Sett STI Jan 2898 2900 2888 SIMSCI Jan 349.3 349.5 346.4 Taiwan Jan 300.5 300.8 295.2 Source: MF Global (S) Pte. Ltd
      29 words
    • 66 27 Jan 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jan 10 2470 2480 2480 2468 210 546 Feb 10 2485 2490 2501 2468 3093 7581 Mar 10 2520 2510 2525 2481 ***** ***** Apr 10 2535 2525
      66 words
    • 353 27 Jan 13 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7100 0 ***** Jun10 99.5350 0 9138 Sep10 99.2200 0 3298 Dec10 98.8300 0 1839 EUROYEN TIBOR FUTURES Mar10 99.6200 99.6200 99.5850 99.5850 1 4557 Jun10 99.6250 0 1709 Sep10 99.6450 0 1666 Dec10 99.6300 200
      353 words
    • 199 27 Jan 13 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 10 311.5 133.0 310.0 210 611 Mar 10 308.0 133.0 311.5 0 582 Apr 10 292.3 162.5 313.0 60 478 May 10 305.0 213.5 316.0 0 686 Jun
      199 words
    • 90 27 Jan 13 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****A 15.04.2010 0.53 0.50 0.48 1-Year BY*****N 01.11.2010 0.55 0.55 0.55 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****H 3.625 01.07.2011 104.44 104.48 104.48 5-Year N*****0N 1.375
      90 words
    • 107 27 Jan 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 10 969.50 1001.75 1001.25 961.75 Mar 10 978.00 1010.50 1013.50 969.00 May 10 985.75 1017.25 1020.25 977.25 Jul 10 992.75 1022.75 1026.50 983.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 10 38.26 39.19 39.19
      107 words
    • 77 27 CRUDE OIL PRODUCTS Jan 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 80.53 -0.72 WTI (Near Mth) 80.74 -1.48 Dubai (1-Mth F) 80.34 -1.31 Tapis blend 82.10 -1.95 Minas 82.85 -1.95 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 83.80 -1.30 Jet Kerosene 89.50 -1.50 US$/barrel Opec Oil
      77 words
    • 2332 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3 -0.5 1043 1 15 9 5.50 52 2036 Advance SCT W*****9 0.5 1 87 1844 9.00 7 8756 Asiatic Grp (H) W*****2 10 1 3
      2,332 words
    • 465 27 Jan 13 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.959 6.302 0.638 7.159 42.174 84.814 0.843 10.389 3.092 1.246 78.279 42.326 1.283 6.877 0.941 29.360 30.510 0.570 0.923 Canada 1.042 6.569
      465 words
    • 85 27 Jan 13 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 27 Jan 13 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2826 1.2840 0.9231 0.9232 Canadian dollar 1.3366 1.3383 0.9620 0.9623 Euro 2.0117 2.0140 1.4479 1.4481 NZ dollar 1.0290 1.0307 0.7406 0.7411 Sterling pound 2.2517 2.2545 1.6206 1.6210
      154 words
    • 144 27 Jan 13 GOLD (US$/oz) Jan 12 Jan 13 Hong Kong 1152.50 1130.90 Jan 12 Jan 11 London 1147.60 1153.20 1148.40 1154.00 Source: Thomson Reuters CAST BAR Jan 13 (S$) Selling Buying Kilobar "54,367.77" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 121.98 51 5gm 345.61 254 10gm 617.39
      144 words
    • 71 27 Jan 12 Jan 12 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2247.00 2295.25 3 months 2281.00 2330.00 Copper, Grade A (US$/tonne) Cash 7428.00 7539.00 3 months 7455.00 7567.00 Lead (US$/tonne) Cash 2405.50 2505.50 3 months 2432.00 2531.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • 77 27 Jan 12 COCOA (£/tonne) Close Prev High/Low Mar 10 2278 2277 2286/2267 May 10 2282 2284 2293/2275 Jul 10 2255 2258 2265/2249 Sep 10 2224 unch 2234/2218 COFFEE (US$/tonne) Close Pev High/Low Jan 10 1357 1346 1364/1346 Mar 10 1396 1385 1399/1381 May 10 1426 1415 1429/1411 SUGAR (US
      77 words

  • BizIT
    • 677 28  -  Survey finds their budgets in this area will grow 13.5% this year, faster than their regional counterparts, reports ONG BOON KIAT ONG BOON KIAT BUOYED by the recovering economy, Singapore firms looks set to splash out more to bolster their information technology (IT)
      677 words
    • 438 28 [SAN FRANCISCO] Google Inc’s new Nexus One smartphone, which retails for US$529 without a service plan, is built from components that cost about US$174, according to a research report. But analysts said the big gap between the components’ costs and the
      AP  -  438 words
    • 228 28 [BEIJING] More than 15,000 pornographic websites, including over 11,000 mobile WAP sites, have been shut down or blocked in 2009, an official from the General Administration of Press and Publication (GAPP) said on Tuesday. “More than 1.5 million items of lewd content have been deleted
      228 words
    • 549 28  -  <you say> By YAJNISH MALIK The writer is area vice-president, Asean, Citrix Systems Inc COMPANIES typically frown on employees using PCs to do work-related chores. The obvious reasons are the risk of breach of confidentiality and data security. But there is now a growing
      549 words
    • 324 28 It won 4,914 patents last year, 36% more than Samsung Bloomberg [WASHINGTON] International Business Machines Corp was awarded more US patents than any other company for a 17th straight year, breaking its own record by receiving 4,914 patents in 2009, according
      Bloomberg  -  324 words
  • Page 28 Advertisements
    • 74 28 Looking for IT Outsourcing? Stone Forest IT (SFIT) is a leading provider of IT Outsourcing Services. Our clients include leading legal firms, SMEs and foreign firms. Our firm's reputation is built on practical advice, proactive client servicing and a proven methodology. We provide businesses with one-stop shop service, from IT
      74 words

  • PROPERTY
    • 537 29  -  Foreigners again look to buy homes on the island as the economy improves By UMA SHANKARI AFTER a muted 2008, property sales at Sentosa Cove picked up again in 2009 as buyer interest returned to the high-end and luxury segments
      537 words
    • 628 29 It sees share of sales from redevelopment to triple in 3 years Bloomberg [MUMBAI] Unitech Ltd, India’s second-biggest developer, expects its share of sales from redeveloping Mumbai slums into luxury apartments to triple in three years and boost profit, managing director Sanjay
      Bloomberg  -  628 words
    • 464 29 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Marina Bay Residences Apt 23/12/2009 99 1636 2976 1819 The Sail Marina Bay Apt 23/12/2009
      464 words
    • 875 30  -  When design is exceptionally good, it moves into the realm of art, and for a $20,000 sofa, it also becomes a status symbol, reports ARTHUR SIM ARTHUR SIM IT IS difficult to put a price on good design because by definition, good design must first
      875 words
    • 1243 31  -  CBRE data shows over 40% of homes will be launched in core central region By UMA SHANKARI DEVELOPERS are expected to push out a slew of high-end and luxury projects in 2010 as buying momentum starts returning to these segments of the property market.
      1,243 words
    • 993 32  -  5-10% rise seen in high-end residential prices; slight drop expected in the number of GCB transactions By UMA SHANKARI PRICES of luxury and high-end homes in Singapore started inching up in 2009, but analysts and developers here are confident that there is room for
      FILE PHOTO; Source: URA, Savills Research & Consultancy; Source: Savills Reasearch & Consultancy  -  993 words
  • Page 29 Advertisements
    • 46 29 2010: The year of luxury homes, Page 32 SAVILLS COMMERCIAL LOCATE VOUR OFFICE IN TH ORCHARD ROAD. CALL 6536 5022/6415 3636 Savills has more than 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. E HEART OF savills.com savills
      46 words

  • Page 30 Advertisements
    • 201 30 GOOD CLASS BUNGALOW HOLLAND VICINITY FOR SALE ■AS mL "T"? r* i ™'iii wsy Enquiries and viewings, please contact: Evelyn Ng 9847 6899 Land *****sqft Built up 110OOsqft Elevated Land with Complete Privacy Rugged Architecture of Raw Concrete, Base Metals and Natural Timber 1 Fluid Living Space with Full Greenery
      201 words
    • 71 30 One Amber (District 15) Residential units for sale TOP 2010 Freehold Full condominium facilities Walk to East Coast beach and Parkway Parade Minutes to Marina Bay, IR City Priced to sell 1 bdrm 1076sqft 2 bdrm 958 sqft 3 bdrm 1259 to 1378 sqft 3+study 1389 sqft 4 bdrm 1593
      71 words
    • 152 30 NEW LAUNCH HOLLAND I D10, freehold development I Close proximity to Holland Village I Near future Holland MRT Station I 1/2/3/4/penthouse I Superb finishing and layout, best investment I Early bird discount CALL NOW: 9455 6592 9272 5751 CBRE CB RICHARD ELLIS GCB FOR SALE Good Class Bungalow (GCB) at
      152 words

  • Page 31 Advertisements
    • 126 31 b£s9E Luxurious villas in tro ---^:r:=r gv,ew of the lake and golf course Kd I ~E.; V^S bi'.-Resort-style living at its very best at Sandy Island, Sentosa. L. <£. Come home to cosmopolitan style and design at the stylish Trizon. St v- V. W ■i-s Nothing tops the exclusivity and
      126 words