The Business Times, 4 March 2010
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2010-03-04
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The Business Times
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Title Section23 2010-03-04 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfJl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, March 4,201023 words
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653 2010-03-04 1 CHUANG PECK MING - Productivity Council will provide support but enterprises must make the decisions: DPM Teo By CHUANG PECK MING [SINGAPORE] Giving a sense of how Singapore’s productivity dynamic will play out in the future, Deputy Prime Minister Teo Chee Hean made it clear that the lead653 words
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Article141 2010-03-04 1 ST INDEX 2,782.79 (+10.59) ST INDEX FUTURES 2,779 (+11) SIMSCI 332.47 (+0.62) SIMSCI FUTURES 332.80 (+0.50) FOREX US$ S$ US$ (S$ per US$) 1.401 (US$/S$ per 1.500 2.102 EURO (US$/S$/E) 1.362 1.909 Foreign currency per US$ S$ YEN 88.80 63.34 RM 3.371 2.406 HK$ 7.763 5.540 BAHT 32.72141 words
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920 2010-03-04 1 MICHELLE QUAH - Starting pay at top outfits hits $5,200 a month as battle for talent hots up By MICHELLE QUAH [SINGAPORE] Singapore’s largest law firms have upped the monthly salaries of their lawyers significantly, as they brace themselves for the onslaught of competition from the foreign920 words
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Page 1 Advertisements
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Advertisement149 2010-03-04 1 ATTORNEY-GENERAL Sundaresh Menon to be new AG PAGE 2 COMPANIES Asia-Pac airline stocks see mixed performance PAGE 5 BizIT China’s Little Giant opens R&D unit here PAGE 27 GREEK CRISIS Austerity programme approved; EU solidarity sought PAGE 4 PROPERTY Launch prices of luxury homes surge PAGE 30 313@somerset draws more149 words
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TOP STORIES
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577 2010-03-04 2 CHEW XIANG - By CHEW XIANG [SINGAPORE] Contra trading is here to stay but it is hurting the growth of equity derivatives here and will probably need to be re-priced, the new chief executive of the Singapore Exchange said yesterday. In a wide ranging discussion577 words
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554 2010-03-04 2 SIOW LI SEN - Thiam, AIG chief to meet staff, bankers and regulators PRUDENTIAL’S PURCHASE OF AIA By SIOW LI SEN [SINGAPORE] Tidjane Thiam, Prudential’s chief executive, will hit town before the end of the week as part of his Asian tour to win the support of staff554 words
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Article, Illustration752 2010-03-04 2 MICHELLE QUAH - Lawyers welcome appointment of former Judicial Commissioner as AG By MICHELLE QUAH Bloomberg [SINGAPORE] Former Judicial Commissioner, and Rajah Tann’s managing partner, Senior Counsel Sundaresh Menon, will be Singapore’s new Attor-ney-General (AG), come October. He succeeds Professor Walter Woon,Bloomberg; FILE PHOTOS - 752 words
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Article552 2010-03-04 2 Businesses to lead push for productivity GIVING a sense of how Singapore’s productivity dynamic will play out in the future, Deputy Prime Minister Teo Chee Hean made it clear that the lead would have to come from the enterprises themselves. And when businesses took the initiative to boost552 words
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Article, Illustration627 2010-03-04 2 Bloomberg Reuters [NEW YORK] Prudential Plc’s US$35.5 billion agreement to buy AIA from American International Group may generate US$660 million in fees for investment bankers, according to research firm Freeman Co. Credit Suisse Group and Lazard advised Prudential, while Citigroup, GoldmanBloomberg; Reuters; REUTERS - 627 words
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Article, Illustration764 2010-03-04 4 The approved public sector pay cuts, tax increases will save country 4.8b euros Reuters [ATHENS] Greece’s Cabinet approved a sweeping new austerity programme yesterday, the third in as many months, intended to rein in a bulging budget deficit and secure European financialReuters; REUTERS - 764 words
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Article, Illustration495 2010-03-04 4 CONRAD TAN - By CONRAD TAN [SINGAPORE] Citigroup is looking to Asia and Latin America for most of its growth in the next few years, its chief financial officer John Gerspach said this week. Mr Gerspach, who was appointed as CFO last July, said the495 words
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Article, Illustration632 2010-03-04 4 AP Bloomberg [LONDON] Standard Chartered plc (Stanchart) yesterday reported a seventh consecutive record annual profit, US$3.38 billion, as stronger wholesale banking earnings offset an increase in provisions for bad loans and other credit risks. The bank said net profit rose 4 per cent inAP; Bloomberg; ARTHUR LEE - 632 words
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Advertisement1035 2010-03-04 3 ADVERTORIAL A Vision of Splendour The West Coast is quickly becoming an urban hub and Cheung Kong’s latest luxury development is well-placed to benefit from the influx of professionals who are ready to be plugged in EVERYONE wants to live close to where all the action is. In Singapore, there1,035 words
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Advertisement210 2010-03-04 4 Panasonic ideas for life The IP Office Communication Promotion That Will Get All Businesses Talking In 2010 L HarKa Share Analysis I OO oo OO oo Enhance your business with an integrated SIP solution designed to meet your ever changing needs supports companies with distributed and geographically diverse office locations210 words
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COMPANY NEWS
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Article, Illustration603 2010-03-04 5 VEN SREENIVASAN - SIA is up 2% this year while Qantas is down 10% and Cathay Pacific has fallen 1% By VEN SREENIVASAN AIRLINE stock prices worldwide have risen one to 2 per cent this year and remain well over 50 per cent above their February 2009AFP - 603 words
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745 2010-03-04 5 VEN SREENIVASAN - HOCK LOCK SIEW By VEN SREENIVASAN COULD the Tiger be poised to bite off more than it can chew? That is a question that comes to mind after Tiger’s group CEO Tony Davis was quoted in several newspapers this week as745 words
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Article, Illustration552 2010-03-04 6 RONNIE LIM - Observers see Itochu staying as a major shareholder due to synergies By RONNIE LIM FROM all indications, main-board-listed marine fuel supplier Chemoil Energy is likely to stay publicly listed on the Singapore Exchange (SGX) unlike home-grown Singapore Petroleum Company which was bought552 words
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335 2010-03-04 6 KAREN NG - By KAREN NG CHINA Printing and Dyeing Holding is making its exit from Singapore Exchange (SGX) on Monday about three-and-a-half years after its listing on the mainboard in September 2006. The company’s judicial managers, which announced the delisting date yesterday, added that they335 words
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393 2010-03-04 6 TEH SHI NING - By TEH SHI NING MIDAS Holdings yesterday revealed that its intended dual-listing in Hong Kong shall be by way of a global offering of new shares. The company plans to offer up to 300 million new shares at a discount of not more393 words
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174 2010-03-04 6 ASIA Pacific Breweries (APB) has announced that it has issued a fourth series comprising $40 million in fixed rate notes under its $1 billion multicurrency medium term note programme established in April last year. The notes were issued in denominations of $250,000, and174 words
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Article, Illustration379 2010-03-04 9 JAMIE LEE - One says prosecution has failed to provide credible evidence to charge him By JAMIE LEE A LAWYER representing former Airocean Group director Peter Madhavan argued in a subordinate court that the prosecution has failed to provide credible evidence to charge him with disclosure failure379 words
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Article345 2010-03-04 9 FELDA CHAY - Appointment part of move to stem losses over last few years By FELDA CHAY IT company Teledata (Singapore) has appointed Howard Kim, who has more than 20 years of experience in the communications business, as its managing director. Mr Kim, 48, fills a position345 words
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313 2010-03-04 9 Reuters [SINGAPORE] Singapore-based fund manager CastleBay Capital said yesterday it has hired Justin Pollock, a former Galleon Asia portfolio manager, and his team for a new long/short Asian equity fund. The new fund CastleBay Asia Long/Short Equity Fund (Calsef) will be launched onReuters - 313 words
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COMPANY BRIEFS
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61 2010-03-04 9 ST Engineering electronics arm ST Electronics has won a contract worth about 48 million yuan (S$9.8 million) from Changchun Bombardier Railway Vehicles Co Ltd (CBRC). The latter is a joint venture of Bombardier Inc and China CNR Corporation Ltd. The contract is to61 words
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69 2010-03-04 9 OKP bags $5.2m job its first 2010 contract OKP Holdings has announced its first contract win for the year a $5.2 million job from JTC for construction and maintenance works at Tuas South Avenue 12 and Tuas South Avenue 14. The project was awarded to OKP wholly owned subsidiary Eng69 words
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100 2010-03-04 9 RYOBI Kiso Holdings Ltd has, through wholly owned subsidiary Raffles Piling Vietnam Co, secured a contract worth over $7 million to carry out a bored piling project in Ho Chi Minh City, Vietnam, relating to a residential development. Work, which will commence by100 words
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Advertisement18 2010-03-04 5 r' f I s ar v. SINGAPORE 2 Orchard Turn, #01-09, ION Orchard (Kwang Sia International Franchisee MaxMara)18 words
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Advertisement372 2010-03-04 6 AMA American Management Association Enabling people to develop and execute global strategy i About AMA AMA is a world leader in leadership and management development, advancing the competence of individuals and teams to drive business success. Organizations worldwide, including the majority of the Fortune 500, turn to AMA as their372 words
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Advertisement543 2010-03-04 6 WAT>1 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 Green Gas Generator Pte Ltd (Company No. *****3640M) (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 15 Enggor Street, #08-04 Realty Centre, Singapore *****6 on Monday,543 words
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Advertisement240 2010-03-04 7 v., .'i' fegft -£^£j&: WAT E R SCAPE AT CAVENAGH FREEHOLD The WATERSCAPE Collection THE WATER COURT THE SPA SANCTUARY sa r, i. r kii-i tij RHJ EESInra DIE! L-J 1 i LLL rj -r---«5S _J 1 JL it! iii.»euj yr. M" I f «r k Artist THE NATURE TRAIL240 words
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SINGAPORE MARKETS
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Article, Illustration611 2010-03-04 8 R SIVANITHY - Movement on local bourse demonstrates absence of clear direction; push on Jardine provides boost STOCKS R SIVANITHY Senior Correspondent STOCK prices yesterday exhibited the same directionless motion they have for the past several days, which is another way of saying that brokers spentSource: Bloomberg - 611 words
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Article186 2010-03-04 8 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 2 5 0 0 0 10 2 5 Manufacturing 32 85 79 3 7 17 35 92 96 Commerce 18 23 30 0 3 7 18 26 37 Tpt/Stor/Comms 14 15 14186 words
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Article121 2010-03-04 8 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 14,788 14,788 40,131 40,131 Manufacturing 363,018 18,184 381,202 198,798 750 199,548 Commerce 147,158 27,102 174,260 88,371 10,856 99,228 Tpt/Stor/Comms 82,365 1,340 83,705 169,114 201 169,315 Finance 19,599 19,599 167,466 167,466 Construction 28,529 6,559 35,088 8,458121 words
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Article112 2010-03-04 8 Stock name Close Change Stock name Close Change CapitaLand 3.900 +0.060 CapitaMall 1.820 +0.030 CityDev 10.320 +0.140 ComfortDelGro 1.550 -0.010 Cosco Corp 1.210 -0.020 DBS Grp 14.180 -0.020 F&N 4.300 -0.050 Genting SP 0.870 Golden Agri 0.530 -0.005 HK Land 4.800 +0.200 JMH 29.460 +0.240 JSH112 words
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Article65 2010-03-04 8 Mar 3 VALUE CLOSE BT OB/OS -51.00-180.00 BT CADI -*****.00 -57.00 BT 10-day MA -*****.00 -5.00 FTSE ST Mid Cap 676.35 +1.30 FTSE ST Small Cap 534.44 -1.24 FTSE ST All Share 687.93 +2.21 FTSE ST China Top 275.01 -0.40 FTSE ST China 292.70 +4.78 FTSE ST65 words
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Article55 2010-03-04 8 VOLUME Genting SP 107,404,000 Ban Joo 73,615,000 China Hongxing 59,565,000 Healthway 31,437,000 SinoGrandnes 29,962,000 Golden Agri 28,510,000 Chinasing 27,126,000 BanJoo W*****2 23,325,000 SingTel 22,978,000 CapitaLand 22,630,000 VALUE($) Genting SP 93,805,845 CapitaLand 88,506,060 SingTel 70,525,475 UOB 64,411,360 DBS Grp 54,116,992 SIA 39,470,430 SembMar 36,296,180 Noble Grp 34,415,582 OCBC55 words
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BROKER’S TAKE
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Article962 2010-03-04 8 CONRAD TAN - Compiled by CONRAD TAN CIMB-GK RESEARCH, March 3 OVERWEIGHT position on Singapore unchanged; end-2010 index target lowered from 3,200 to 3,160. For the Straits Times Index (STI), earnings upgrades are still coming through; we upgraded our STI FY2010 EPS by 2 per cent post-re-sults. Our bottom-up STI target962 words
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Article, Illustration484 2010-03-04 8 CURRENCIES Reuters [LONDON] The euro rose against the US dollar yesterday, hitting the day’s high as a Greek government source cited details of fresh plans to tackle Greece’s debt problems. The euro rose nearly 50 ticks to around US$1.3663 as theReuters; BLOOMBERG - 484 words
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Article113 2010-03-04 8 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 472.1 3.1 GLD 10US$ ***** 242.3 1.6 DBXT MSKorea 10US$ 4548 208.7 3.4 Lyxor MS India 10US$ 1507 110.7 5.5 DBXT DJE50 10US$ 3983 53.2 1.0 Lyxor EmergingMkts 1 972 36.4 2.7 JMH 2946 33.6 0.8 JSH 1722 33.6 1.4 DBXT113 words
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Article117 2010-03-04 8 BY CENTS CLOSE DOWN UOB.ES.1003 1810 -18.0 -1.0 OCC 5.1% NCPS 100 ***** -14.0 -0.1 STXPO 100 1402 -8.0 -0.6 UOB 1812 -8.0 -0.4 Creative Tech 538 -7.0 -1.3 DBXT S&P Short 10US$ 5355 -7.0 -0.1 STI 2950BNPePW*****0 39 -7.0 -15.2 RH PetroGas 69 -6.0 -8.0 Venture Corp 848117 words
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Article87 2010-03-04 8 Where S$ stands Mar 3 CHNG YR 2010 CLOSE FR Mar 2 S$ LOW S$ HIGH US$ 1.4015 0.36 1.4219 1.3869 Euro 1.9109 -0.78 2.0153 1.8959 Pounds 2.1024 -0.26 2.2776 2.0969 A$ 1.2659 -0.12 1.2923 1.2276 Yen* 1.5811 -0.14 1.5897 1.5027 Rupiah* 0.***** 0.19 0.***** 0.***** Baht* 4.2846 0.2287 words
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Advertisement104 2010-03-04 9 tl k ch > ■< > fmto 28Mat'cWM 10 > H J 4 t m M m 9Sm IS m. f f> S> Gingerbread hearts or Lebkuchenherzen are traditional treats shared with friends and family on festive occasions in and around Munich. From 28 March 2010, Singapore Airlines flies five104 words
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SINGAPORE NEWS
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606 2010-03-04 10 CHUANG PECK MING - It is the only option to sustain growth, higher wages for workers: Swee Say Reports by CHUANG PECK MING JUST as it had backed the growth-at-all-cost strategy, the labour movement will now go along with the move to boost productivity to drive the606 words
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Article, Illustration620 2010-03-04 10 Assumptions lead to underestimation of average wages here YESTERDAY IN PARLIAMENT LABOUR leader Halimah Yacob yesterday rejected a UBS study that concluded that wages and purchasing power in Singapore are lower than those in Dubai, Seoul, Hong Kong and Taipei. The UBS Price andYEN MENG JIIN - 620 words
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558 2010-03-04 10 JAMIE LEE - It’s reviewing need for cost breakdown of certain products By JAMIE LEE THE central bank has urged insurers to address the current insurance protection gap for consumers, rather than pushing invest-ment-linked products which may yield higher returns given the improving market sentiment. The558 words
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227 2010-03-04 10 NISHA RAMCHANDANI - By NISHA RAMCHANDANI IN A move that is expected to boost business for Singapore’s meetings, incentives, conventions and exhibitions (MICE) scene, Suntec Singapore and Resorts World Sentosa (RWS) are joining hands in a partnership to cross sell each other. Under the agreement, event planners227 words
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340 2010-03-04 10 JASLENE PANG - By JASLENE PANG THE Yellow River Conservancy Commission (YRCC), an agency under China’s Ministry of Water Resources, beat 49 other nominees to emerge as the third winner of the Lee Kuan Yew Water Prize yesterday. Its policies and solutions have “brought about widespread and340 words
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Article162 2010-03-04 10 THE Agency for Science, Technology and Research (A*Star)’s annual Science and Technology Festival is taking place at Biopolis until tomorrow to showcase the latest life science products and services. This year, it aims to reach out to the burgeoning biomedical science research community in Singapore. Organised by162 words
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Article, Illustration490 2010-03-04 10 LEE U-WEN - By LEE U-WEN SINGAPORE and the European Union (EU) will kickstart talks next Monday on a free trade agreement (FTA) that would open up new opportunities for both traders and consumers. The first round of negotiations officially launched by Singapore’s Trade and Industry490 words
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Advertisement22 2010-03-04 10 60,OOO Hotels Worldwide Best Rates Instant confirmation www. I uxury.com sg Luxury Tours Travel Pte Ltd Tel: 6733 2808 6235 191 122 words
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SINGAPORE INTERNATIONAL
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1275 2010-03-04 11 CHUANG PECK MING - This is where a special zone is set up, with incentives to create a pro-business environment, reports CHUANG PECK MING CHUANG PECK MING LOOKING to invest in China? Go west, to Chongqing in central western China. Or head for Xian in the central north-west region.1,275 words
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Article267 2010-03-04 11 Question: My company is a food manufacturer and we intend to set up operations in Western China. What are some of the legal challenges that I might face and should take note of? Answer: If you intend to set up a manufacturing plant in Western China,267 words
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Article, Illustration617 2010-03-04 11 CHUANG PECK MING - That’s why Xian is Mapletree Investment’s choice By CHUANG PECK MING WHERE does one invest in China, which is such a vast market? One of Mapletree Investment’s strategies is to focus on second-tier cities with good growth potential, where it can find better value in617 words
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Advertisement166 2010-03-04 11 Seminar Series: Doing India is Singapore's 10th largest trading partner, with total trade amounting to S$21.6 billion in 2009. Its growing economy, large talent pool as well as ever expanding domestic market, positions India as an exciting emerging market. Join us at the iadvisory Seminar Series: Doing Business in India,166 words
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Advertisement15 2010-03-04 11 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, Illustration586 2010-03-04 12 ANTHONY ROWLEY - Improved labour market fuels hopes of accelerated economic growth By in ANTHONY ROWLEY JAPANESE workers’ wages, including overtime and bonuses, rose in January for the first time in nearly two years, it was reported yesterday. Coming one day after theAP - 586 words
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581 2010-03-04 12 Upbeat result supports decision to raise interest rates Reuters [SYDNEY] Australia’s economy grew at the fastest pace in almost two years in the fourth quarter of last year. A potent mix of fiscal pump priming, business investment and consumer spending helped the economy lastReuters - 581 words
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372 2010-03-04 12 Peter Diamond seen to be a consumer protection voice Bloomberg AP [WASHINGTON] The White House has contacted Peter Diamond, an economics professor at the Massachusetts Institute of Technology (MIT), about joining the Federal Reserve’s board of governors, according to people familiar with theBloomberg; AP - 372 words
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344 2010-03-04 12 Reuters [WASHINGTON] Congressional Republicans, nervous over the fallout from an impasse over jobs legislation, pressed one of their own to end a stalemate on Tuesday that has disrupted highway construction projects and unemployment benefits for hundreds of thousands of Americans. As Republican Senator Jim BunningReuters - 344 words
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Article366 2010-03-04 12 PF LUX) Abs. Ret. Gib Conservative-P cap 26.02.2010 EUR 97,01 PF LUX) Abs. Ret. Gib Diversified-P cap 26.02.2010 EUR 106,89 PF LUX) Asian Equities (Ex-Japan)-P cap 26.02.2010 USD 154,17 PF LUX) Asian Local Currency Debt-P cap 26.02.2010 USD 127,39 PF LUX) Biotech-P cap 26.02.2010 USD 285,04 PF LUX)366 words
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Article, Illustration368 2010-03-04 12 Reuters [LONDON] Britain’s services sector bounced back faster than expected in February to record its strongest expansion in more than three years, a survey showed yesterday. Coupled with a surprisingly robust manufacturing survey earlier this week, the figures suggest that the recovery is gainingReuters; AFP - 368 words
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Advertisement188 2010-03-04 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF FIDIUS SHIPPING PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) (COMPANY REGISTRATION NO. *****0651 R| NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting188 words
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MALAYSIA/INDONESIA
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644 2010-03-04 13 PAULINE NG - It considers ways to tap tourist traffic as S’pore integrated resorts get going By in Kuala PAULINE NG WITH its services sector, particularly tourism, expanding at a faster clip in recent years, Penang is counting on the success of Singapore’s integrated resorts644 words
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358 2010-03-04 13 Reuters [KUALA LUMPUR] Malaysia, the world’s No 2 palm oil producer, will miss its output target of 18.1 million tonnes because of a shortage of foreign labour even as yields recover, a top industry official said yesterday. Industry regulator Malaysian Palm Oil BoardReuters - 358 words
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Article, Illustration528 2010-03-04 13 But MPs decide not to censure two key government officials IHT [JAKARTA] Indonesian lawmakers narrowly voted yesterday to recommend that law enforcement agencies investigate the 2008 government bailout of a small bank. But, in a political compromise, they stopped short of citing any officialsIHT; REUTERS - 528 words
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Advertisement100 2010-03-04 13 THE GRANGE COLLECTION Deferred Payment Scheme Available Perfect. Extraordinary. Outstanding. A rare find in the heart of Orchard. An exclusivity that few can claim. 49 exclusive and lavish homes at a location that is prime to witness the excitement of the Orchard transformation. Show Suite is located at Level 2,100 words
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GREATER CHINA
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Article, Illustration1129 2010-03-04 14 But such a move is unlikely to provide a speedy resolution to the censorship issue Bloomberg [WASHINGTON] The Obama administration is weighing the merits of taking China’s censorship of Google Inc to the World Trade Organization (WTO) as an unfair barrier toBloomberg; AP - 1,129 words
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Advertisement178 2010-03-04 14 GRANGE GARDEN LONDON SE1 Prices start from GBP270,000 A selection of one and two bedroom apartments Located in Zone 1 for easy access throughout Central London Many apartments benefit from large terraces or balconies i t J1 i i U l ii i I I MX.' ,vl, .#5 i New178 words
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Advertisement674 2010-03-04 15 Carrefour <*► Appreciation Nigj^ t mm From now till 14 Mar 2010 Plaza Singapura Atrium Wine, WoncfcrfuFWine'-itWr You re Invited! THURSDAY, 4 MAR 2010 ONLY, 7-10PM PLAZA SINGAPURA ATRIUM n $32 CHATEAU LAMOTHE BERGERON HAUT MEDOC L 75cl, 2002 [j Origin: France each $18.90 each PH BOUCHARD CHARDONNAY/CABERNET SAUVIGNON VIN674 words
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GREATER CHINA/INDIA
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503 2010-03-04 16 Reliance expected to consider other overseas options, says analyst Reuters [MUMBAI] LyondellBasell has rejected Reliance Industries’ offer that values the bankrupt US petrochemicals group at US$14.5 billion, Bloomberg said on Tuesday, a decision that could leave the Indian energy group having to lookReuters - 503 words
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Article, Illustration688 2010-03-04 16 AFP [NEW DELHI] Indian telecoms tycoon Sunil Bharti Mittal may be known for his Midas touch, but investors are questioning if his multi-billion-dollar bid to gain a foothold in Africa is a step too far. Mr Mittal, chairman of Bharti Airtel, has seen sharesAFP; REUTERS - 688 words
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290 2010-03-04 16 Reuters [TAIPEI] Taiwan has approved guidelines for investment by Taiwanese and Chinese financial institutions in each other, two government sources said yesterday, in a further strengthening of trade ties between the former political foes. Under the guidelines, Taiwan will let Chinese banks to buyReuters - 290 words
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418 2010-03-04 16 Bloomberg [BANGALORE] India’s banking, hotels and other services grew in February at the fastest pace since at least January last year, aiding growth in Asia’s third-largest economy. HSBC Holdings plc and Markit Economics’ Purchasing Managers’ Index rose to 60.9 lastBloomberg - 418 words
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271 2010-03-04 16 Reuters [LONDON] The funds arm of German insurer Allianz, expects its Indian joint venture to start operations by year-end, and to score an advantage over rivals who were quicker to enter the much-touted market, its CEO said. Allianz Global Investors (AGI) chief executiveReuters - 271 words
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Advertisement222 2010-03-04 16 NUSA CEMERLANG Industrial Park (NCIP) v One (Dfjthe.world's best NYO.U RROFITiCENTRE lib MEDIUM INDUSTRIAL FACTORIES in D136 NCIP PRIME LOCATION WITHIN ISKANDAR MALAYSIA LEADING YOUR BUSINESS TOWARD A BRIGHT FUTURE No restriction on foreign ownership. Enhanced security features with only 2 entrances which can be guarded. Ready for occupation. Surrounded222 words
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Advertisement81 2010-03-04 16 Gel holiday updates in SPH Travel Supplements (ST/ZB) Natas Travel 2010 Feb 25/26 Spring Sensations Mar 23/25 Holiday Fiesta Apr 13/15 Natas Summer Journeys (New) Apr 30/May 1 Value Vacations Jul 13/15 Natas Holidays 2010 Aug 26/27 Autumn Relights Sep 21/23* Natas Winter Journeys (New) Oct 8/9* Travel Malaysia 201081 words
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WORLD
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530 2010-03-04 17 US$45b reform brings hospitals, primary care under government control AP Reuters [CANBERRA] Australian Prime Minister Kevin Rudd proposed a sweeping overhaul of the country’s healthcare system yesterday that would bring hospitals and primary care under government control. The US$45 billion policy, the biggest healthAP; Reuters - 530 words
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337 2010-03-04 17 Reuters [LONDON] Top world oil exporter Saudi Arabia cut the official selling price of most of its crude grades in April to customers in Asia and raised most prices to the United States, the state oil company said on Tuesday. Saudi ArabiaReuters - 337 words
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Article, Illustration79 2010-03-04 17 [LISBON] The sculpture “Cinderella” by Joana Vasconcelos on display at the press premiere of her exhibition “Netless”, at the Berardo contemporary art museum here on Monday. The retrospective brings together nearly 40 works by the Paris-born artist and runs until May 18. Vasconcelos, who now livesAFP - 79 words
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427 2010-03-04 17 Compromise plan represents reversal of fortune for Fed Bloomberg AP [WASHINGTON] A US Senate compromise to create a consumer protection unit in the Federal Reserve encountered a wall of resistance over the scope of the powers planned for the regulator. Senator BobBloomberg; AP - 427 words
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633 2010-03-04 18 Managers may move to new firms if they fail to hit the fund’s top net asset value Reuters [LONDON] Hedge fund investors could be left out of pocket as managers conjure up shortcuts to earn once again the lucrative bonuses based on performance feesReuters - 633 words
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Article, Illustration598 2010-03-04 18 NYT [NEW YORK] The Obama administration may recommend that carmakers install a brake override system that is intended to prevent the sudden acceleration episodes that have led to recalls of millions of Toyotas, the Transportation Secretary, Ray LaHood, said on Tuesday. Mr LaHoodNYT; AP - 598 words
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494 2010-03-04 18 Bloomberg [WASHINGTON] Service industries in the US expanded in February at the fastest pace since October 2007, a sign the recovery is broadening. The Institute for Supply Management’s index of non-manufacturing businesses, which make up almost 90 per cent of theBloomberg - 494 words
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200 2010-03-04 18 Reuters [SAVANNAH, Georgia] President Barack Obama on Tuesday proposed rebates of up to US$3,000 to help homeowners pay for the cost of making their homes more energy efficient, a US$6 billion programme intended to create jobs. In his latest step to convince Americans heReuters - 200 words
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197 2010-03-04 18 Bloomberg [LOS ANGELES] The Hurt Locker producer Nicolas Chartier was barred from attending Sunday’s Oscars ceremony after he solicited votes and disparaged a competing film vying for best picture. Chartier, one of four credited producers for The Hurt Locker, sent an e-mail toBloomberg - 197 words
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Advertisement220 2010-03-04 17 D iscover a better way to USA with ANA Flying with ANA is an experience like no other. With our convenient connections and unrivalled Japanese hospitality, every trip is a memorable one. What's more, ANA Mileage Club members can now double their flight miles with the "ANA Double Smile" campaign.220 words
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Page 18 Advertisements
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Advertisement120 2010-03-04 18 Get your copy from any Spinelli outlet at $5.50 and get a complimentary Spin or Latte! March Pulses Out Now! Check out how four Singapore companies market their popular F&B products overseas. Wilmar International gives investors a glimpse into the agri-business value chain. Is recovery on the horizon for airlines?120 words
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Advertisement44 2010-03-04 18 h h Esha flexes J her muscles tdDldl THE HEARTBEAT OF THE INDIAN COMMUNITY WOMEN POWER More women in politics, shrinking gender gap... India has more reasons to celebrate International Women's Day A GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST44 words
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AVIATION
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547 2010-03-04 19 The carrier’s once-dominant market share has shrunk to 18% AFP [MUMBAI] State-run carrier Air India is set for dramatic cost-cutting in the months ahead that will test the willingness of workers to accept painful restructuring. Last month, the Indian government approved an injectionAFP - 547 words
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Article2901 2010-03-04 19 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 US54102,901 words
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Article, Illustration499 2010-03-04 19 AFP [BEIRUT] Relatives of passengers killed in an Ethiopian Airlines crash in Lebanon earlier this year have filed a multi-million dollar lawsuit in a US court against plane-maker Boeing, their attorney said on Tuesday. “We have filed a lawsuit in Chicago, Illinois, against theAFP; REUTERS - 499 words
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495 2010-03-04 19 Reuters [FRANKFURT] Lufthansa posted a 2009 operating profit that was better than expected after the German flagship carrier started slashing costs to become more lean and compete with low-cost carriers and Asian rivals. Airlines are reeling from the aviation industry’s worst year ever, in which demandReuters - 495 words
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Page 19 Miscellaneous
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Miscellaneous318 2010-03-04 19 CRYPTIC CROSSWORD Across 7 Prejudice about French author’s grand schemes (3,5) 9 Employs old piano at first for compositions (6) 10 11 Stay cheerful, displaying a certain amount of neck? (4,4,4,2) 12 Basic food no longer fit for consumption round back of shop (6) 14 Rags soon looking awful when318 words
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Page 20 Advertisements
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Advertisement2209 2010-03-04 20 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 SAN SIMEON NEW ORLEANS/CAMDEN *Loads E./W. Malaysia, Indonesia Destination DD LEADER2,209 words
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Advertisement1332 2010-03-04 20 WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****888 FAX: (03) *****288 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031) *****75 FAX: (031) *****14/*****05 JKT TEL: (021) *****88 FAX: (021) *****88 PLM TEL:1,332 words
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THE BUSINESS TIMES SHIPPING TIMES
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451 2010-03-04 21 Shareholders plan to offer up to 7.44m shares; trading to start on March 19 Reuters [SAO PAULO] OSX, the Brazilian shipbuilder owned by billionaire Eike Batista, plans to raise up to 9.92 billion reais (S$7.7 billion) in what could become the nation’s largest initialReuters - 451 words
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Article, Illustration258 2010-03-04 21 Bloomberg [NEW YORK] Bookings of tankers to export fuels from India’s west coast, the home of two Reliance Industries refineries, rose in February as India sold more gasoline to the US and Japan. Shipments of at least 1.45 million tonnes, orBloomberg; BLOOMBERG - 258 words
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332 2010-03-04 21 VINCENT WEE - By VINCENT WEE THE Singapore National Shippers’ Council (SNSC) yesterday launched the Singapore Shippers’ Academy to offer professional courses to local and regional shippers and train at least 1,000 people from the industry within three years. The academy the first specialised institution332 words
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278 2010-03-04 21 Reuters Bloomberg [MELBOURNE] Australia’s largest investment bank, Macquarie Group, is looking to float oil and gas services firm Miclyn Express Offshore in an initial public offering that could raise up to A$365 million (S$461.2 million). Macquarie plans to cut its stakeReuters; Bloomberg - 278 words
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Article281 2010-03-04 21 SGX '000 Mar 3 S$ +/-Vol CH Offshore 0.65 -0.01 62 Chuan Hup Hldgs 0.30 -0.02 5 Cosco Corp 1.21 -0.02 4921 CWT Ltd 0.92 0.01 1368 Ezra Hldgs 2.20 unch 3073 First Ship Lease 0.60 0.01 367 Freight Links 0.05 unch 257 Grand Banks unch unch 0281 words
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Page 21 Advertisements
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Advertisement587 2010-03-04 21 SHIPPING TIMES HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF Visit our website at: TBA CONTAINER SERVICE TO JEDDAH, ISTANBUL, MIDDLE EAST, PERSIAN GULF, CIS, MEDITERRANEAN AND NORTHERN EUROPE HDM SERVICE FMX and SMX SERVICE Connecting EMC SERVICE via MALTA VESSEL VOY SIN PKG JEA BND BIK SIN PKG JED587 words
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Advertisement347 2010-03-04 21 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) MUA SIN PKL KUC JKT SUR PACIFIC LOHAS 24 60 13/03 15/03 18/03 POSITIVE STAR 49 100 10/03 13/03 14/03 16/03 18/03 20/03 NOBLE CORAL 26 60 15/03 17/03 JUTTHA PATTHAMA 2 15/03347 words
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Advertisement436 2010-03-04 21 SINOKOR MERCHANT MARINE CO. LTD FMX (W) FMX (E) Vessel Voy SIN BDN JEA KLF HJ GDYNIA 0008W 11/03 19/03 20/03 22/03 HJ KINGSTON 0012W 18/03 26/03 27/03 29/03 HJ DUESSELD 0003W 25/03 02/04 03/04 05/04 HJ MONTERIDEO 0002W 08/04 16/04 17/04 19/04 Vessel Voy SIN TAO KAN PUS SHA436 words
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EDITORIAL & OPINION
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480 2010-03-04 22 EDITORIAL ANYONE who has been following the efforts made by US President Barack Obama to win Congressional approval for an ambitious plan to fix the ailing US healthcare system would know by now that under the American system, even the most popular president cannot480 words
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Article, Illustration842 2010-03-04 22 THOMAS FRIEDMAN - THE BOTTOM LINE THOMAS FRIEDMAN NYT I WAS travelling via Los Angeles International Airport (LAX) last week. Walking through its faded, cramped domestic terminal, I got the feeling of a place that once thought of itself as modern but has had oneNYT - 842 words
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Article, Illustration989 2010-03-04 22 ANTHONY ROWLEY - Pragmatism seems to have triumphed over a dangerous and naive ideology at the Fund ANTHONY ROWLEY Tokyo Correspondent I RAISED an eyebrow recently when a well-placed source suggested to me that the next managing director of the International Monetary Fund (IMF) could beAFP - 989 words
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Article, Illustration1109 2010-03-04 23 ABHIJIT GHOSH, HO KAH CHUAN - Tax benefits for angel investors and financial support to firms that achieve initial success are a step in the right direction By ABHIJIT GHOSH, HO KAH CHUAN Abhijit Ghosh is partner and Ho Kah Chuan is manager at International Tax, PricewaterhouseCoopers Services LLP AN ENTREPRENEUR with a1,109 words
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Article, Illustration696 2010-03-04 23 HASSAN NAQVI - By HASSAN NAQVI The writer is assistant professor of finance, NUS Business School. He specialises in banking, corporate finance and international finance. This commentary is based on a research article that was published in the ‘Journal of Economic Dynamics and Control’ WE696 words
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245 2010-03-04 23 Deanna Choo - LETTER TO THE EDITOR Deanna Choo Director (corporate communications) IRAS MR DENIS Distant said that the benefits of the new progressive property tax may not last long if IRAS starts revaluing the Annual Value (AV) of properties245 words
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SINGAPORE STOCKS
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Article9081 2010-03-04 24 Transaction date: Mar 3 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 16.5 -0.5 350 16.5 16.5 16.5 17 1.7 11 5.3 79 10 2.5 58349,081 words
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Article1697 2010-03-04 25 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 t AA Grp 5.5 4.5 5.5 30.6 5.3 25 12 8538 t APStrategic 15.5 13 15 91.5 4 0.51,697 words
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Article9351 2010-03-04 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.2/ APS Alpha Fund (USD)!** 0.85/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.68/ Aberdeen Asset Mgt Asia Limited American Opp 0.6421/ Asian Credit Fund 1.2279/ Asian9,351 words
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Article484 2010-03-04 25 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 $mil 111 107 6389 ABF SG Bond ETF 110.4 109.5 110 504 846 427 CIMBAsean40 100US$ US812 811 816 32.5 298 149 DBS STI ETF484 words
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Article261 2010-03-04 25 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 $mil 56 20 6000 AVJennings A47 -0.5 1 47 47 47 50 3.6 7.4 3.8 122.4 31 6 6017 Genting HK US$ US18.5 unch 678261 words
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FINANCE & COMMODITIES
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365 2010-03-04 26 In local curr In S$ In US$ dy yr dy yr dy yr Mar 2 Index Change Change Change Change Change Change World Index Preliminary 830.6 0.7 -0.2 0.8 -1.5 0.9 -1.5 EAFE Preliminary 774.9 0.8 -1.3 1.0 -4.1 1.2 -4.1 Europe Preliminary 1112.9 1.0365 words
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Article180 2010-03-04 26 Mar 3 $S Offer Bid Overnight 3/16 1/16 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.15 US$ Offer Bid 7 days 0.23 0.18 1 month 0.29 0.24 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.50 0.40 9 months 0.90 0.60 12180 words
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Article22 2010-03-04 26 Mar 3 S$ Bid Offer 1-month 1.4010 1.4022 2-months 1.4012 1.4025 3-months 1.4014 1.4026 6-months 1.4020 1.4033 Source: OCBC22 words
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Article187 2010-03-04 26 Mar 3 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 10 326.0 324.7 326.0 44 541 May 10 326.0 696 Jun 10 326.0 324.0 326.0 20 830 Jul 10 326.0 390 Aug 10 326.0 210 Sep 10 326.0187 words
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Article90 2010-03-04 26 Mar 3 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 03.06.2010 0.40 0.33 0.33 1-Year BY*****N 01.11.2010 0.40 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.32 104.37 104.35 5-Year N*****0N 1.375 01.10.2014 100.3590 words
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Article105 2010-03-04 26 Mar 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 10 954.25 952.50 959.50 948.50 May 10 963.50 962.50 969.00 957.75 Jul 10 970.75 970.50 976.50 966.00 Aug 10 965.75 966.25 972.00 964.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 10 39.81 39.50 40.00105 words
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Article77 2010-03-04 26 CRUDE OIL PRODUCTS Mar 2 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 78.51 0.55 WTI (Near Mth) 79.80 1.13 Dubai (1-Mth F) 75.69 -1.79 Tapis blend 80.90 -1.60 Minas 78.80 -1.60 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 80.39 -0.68 Jet Kerosene 84.70 -0.85 US$/barrel Opec Oil77 words
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2410 2010-03-04 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strat W*****6 2.5 -0.5 800 1 15 13 6.20 50 4085 ASJ Hldgs W*****1 1.5 1 4 10 3.33 23 2036 Advance SCT Ltd W*****9 0.5 1 872,410 words
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Article132 2010-03-04 26 Mar 3 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2570 1.2950 Can dollar 1.3460 1.3620 Euro 1.8990 1.9210 NZ dollar 0.9690 0.9910 Sterling pound 2.0930 2.1170 US dollar 1.3930 1.4090 Local dollars to 100 units of foreign132 words
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Article27 2010-03-04 26 Mar 3 Open High Sett STI Mar 2779 SIMSCI Mar 332.6 333.5 332.8 Taiwan Mar 273.1 275.4 273.7 Source: MF Global (S) Pte. Ltd27 words
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Article66 2010-03-04 26 Mar 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Mar 10 2635 2644 2645 2635 168 1293 Apr 10 2628 2643 2646 2628 1814 ***** May 10 2625 2635 2639 2618 4799 ***** Jun 10 2612 262066 words
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Article365 2010-03-04 26 Mar 3 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7425 0 4728 Jun10 99.6600 0 7087 Sep10 99.5000 0 2450 Dec10 99.2150 0 3123 EUROYEN TIBOR FUTURES Mar10 99.5650 99.5650 99.5650 99.5650 0 5014 Jun10 99.6000 50 1619 Sep10 99.6050 200 2531 Dec10 99.6200 0365 words
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Article465 2010-03-04 26 Mar 3 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.935 6.177 0.664 7.025 41.517 84.065 0.804 10.374 3.051 1.301 76.966 41.639 1.268 6.856 0.972 28.939 29.604 0.603 0.905 Canada 1.069 6.603465 words
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Article85 2010-03-04 26 Mar 3 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article154 2010-03-04 26 Mar 3 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2674 1.2688 0.9048 0.9050 Canadian dollar 1.3549 1.3564 0.9672 0.9675 Euro 1.9083 1.9101 1.3623 1.3624 NZ dollar 0.9738 0.9750 0.6952 0.6954 Sterling pound 2.1011 2.1030 1.4999 1.5000154 words
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Article138 2010-03-04 26 Mar 3 GOLD (US$/oz) Mar 03 Mar 02 Hong Kong 1132.80 1117.30 Mar 02 Mar 01 London 1130.95 1116.25 1131.75 1117.25 Source: Thomson Reuters CAST BAR Mar 03 (S$) Selling Buying Kilobar "54,688.77" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 121.98 51 5gm 347.75 255 10gm 621.67138 words
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Article71 2010-03-04 26 Mar 2 Mar 2 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2135.75 2110.50 3 months 2168.00 2143.00 Copper, Grade A (US$/tonne) Cash 7460.00 7369.00 3 months 7491.00 7400.00 Lead (US$/tonne) Cash 2174.50 2145.00 3 months 2199.00 2170.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article77 2010-03-04 26 Mar 2 COCOA (£/tonne) Close Prev High/Low Mar 10 2133 2155 2163/2120 May 10 2154 2170 2177/2136 Jul 10 2147 2162 2167/2128 Sep 10 2125 2139 2140/2107 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1252 1269 1266/1252 May 10 1279 1294 1292/1277 Jul 10 1311 1326 1325/1310 SUGAR (US77 words
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BizIT
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Article, Illustration361 2010-03-04 27 OLIVIA HO - Kingdee International Software Group aims to be No 1 in South-east Asia by 2013 in enterprise resource planning, reports OLIVIA HO OLIVIA HO A SOFTWARE company dubbed “China’s Little Giant” has opened its first R&D centre outside China in Singapore. Kingdee International Software361 words
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299 2010-03-04 27 Bloomberg [NEW YORK] International Business Machines Corp (IBM), the world’s largest computer-services provider, fired about 2,400 workers, mostly in the US, according to an employee advocacy group. The cuts this week occurred around the country and across several divisions, said Lee Conrad, national directorBloomberg - 299 words
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Article, Illustration701 2010-03-04 27 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY VIDEO conferencing in high definition called telepresence is expected to get a major boost in the Asia-Pacific region with Cisco’s proposed acquisition of Tandberg, a major player in the video conferencing market. Speaking to BizIT, Tandberg’s Lars Ronning701 words
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266 2010-03-04 27 Bloomberg [TOKYO] HTC Corp fell the most in three weeks in Taipei trading after Apple Inc filed a patent-infringement complaint seeking to stop imports of the company’s handsets running Google Inc’s Android software into the US. HTC dropped 2 per cent toBloomberg - 266 words
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317 2010-03-04 27 INFOCOMM technology (ICT) firms in Singapore are seeing good times ahead, with eight in 10 expecting their business to grow this year, according to a new survey by the Singapore infocomm Technology Federation (SiTF). And nearly half among the 100317 words
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299 2010-03-04 27 ABIGAIL KOR - By ABIGAIL KOR AN online role-playing game called Bao Bao Tang aims to teach children and families the basics of financial management. The game is set during the Tang Dynasty, and players can choose different roles such as farmer, restaurant owner or299 words
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Page 27 Advertisements
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Advertisement78 2010-03-04 27 High definiftion video conferencing seen to grow in 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. We78 words
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PROPERTY
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Article, Illustration576 2010-03-04 28 Access to financing, income growth, foreign demand will up housing sales Bernama [KUALA LUMPUR] The outlook for the Malaysian property market is promising, with sales volume expected to increase by 5 to 10 per cent this year, according to RAM Holdings Bhd. In statingBernama; BLOOMBERG - 576 words
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Article, Illustration369 2010-03-04 29 UMA SHANKARI - By UMA SHANKARI ORCHARD Road newcomer 313@somerset has received a higher than expected nine million visitors since it opened three months ago, the mall’s owner, Lend Lease Group, said yesterday. “When we first did the research three years ago, we were expecting something like369 words
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816 2010-03-04 29 Consolidation is the way to go given tighter credit markets, falling property prices, says one seller Bloomberg [TOKYO] Japan’s real estate investment trusts will accelerate takeovers in the US$32 billion industry as banks pressure them to consolidate amid a tighter credit marketBloomberg - 816 words
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Article, Illustration720 2010-03-04 30 Upmarket residential property rentals could climb 5-10% this year: CBRE LAUNCH prices of new luxury residential projects in Singapore rose about 20-25 per cent last year and could appreciate a further 10-15 per cent this year, says CB Richard Ellis. Rentals of completed luxury720 words
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Article, Illustration483 2010-03-04 31 EMILYN YAP - Residential prices could plateau in H2 2010 but major correction unlikely By EMILYN YAP RENOWNED short-seller Jim Chanos sees a property bubble on the verge of bursting in China. But other well-known investors disagree and on their side of the fence is CB483 words
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1734 2010-03-04 31 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED The Clift Apt 04/02/2010 99 775 1240 1600 District 2 NON-LANDED Craig Place Apt1,734 words
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Page 28 Advertisements
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Advertisement498 2010-03-04 28 A HAVEN CALLED CAPELLA NISEKO cwrv 'Xhefre- &o Aonve^. mow l'f> rx-fyf o-y^o. •s t ,*:-> w i"*' ."/jgs*. i O #,<>>1# tV C :?'A r. > -<: W 3 v" Jr- lW»\ ■>- v>; r -CT i. i'* H as/ V v, ••■•V A HOLIDAY HOME LEGACY Don't miss498 words
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Advertisement37 2010-03-04 29 S. A° a lifestyle.omy.sg 'i. a IMT J I--_^_L eat.omy.sg •Rare! Single Level Penthouse 5-bedroom (4,500 sq ft) Facing IR Casino, Bay Seaview •Ready for Occupation Soon! Price upon Application Sole Agent RudyTedja *****943 ||s www.rudy.myweb.sg U-*w37 words
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Advertisement214 2010-03-04 29 fffwi JONES LANG Vj|\IJJ LASALLE West Perth site with development approval FOR SALE ft. pi 783 789 Wellington Street, West Perth, Western Australia 2,813sqm site with 2 street frontages Development Approval for 5,580sqm office building plans available Existing building of 1,612sqm (approx) may provide holding income High profile location, development214 words
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Advertisement45 2010-03-04 29 NEW PROJECT LAUNCH 12 St' SHENTON WAY D.02 ICONIC DEVELOPMENT 1 TOWER OF 38 STOREYS WITH FACILITIES LUXURIOUS 1 2 BEDROOMS WITH HIGH-END FINISHES MAGNIFICENT VIEW OF THE FUTURE WATERFRONT CITY •VERY AFFORDABLE PRICES FOR PRIORITY BOOKING Call Now 9695 0616 or email to richmondmorier28@gmail.com45 words
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Advertisement233 2010-03-04 29 eren PARK Sf"' GREENWICH LONDON SE3 Invest in a home in the most beautifully enclosed setting in Historical Greenwich v Maze Hill (Walking) Greenwich London Bridge Canary Wharf Bank Charing Cross Bond Street Baker Street seren PARK Travel distance from Seren Park** (For reference only) Docklands Light Rail London Underground233 words
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Advertisement254 2010-03-04 30 WW CT Eco friendly Development .< A tV m y if! i<r« y -.v Eft --v. j- sss? Sp -1.S' 5!!! V? •tv 2« HP* rWar -V V/.1 *rr»*v v,.r.: w*t >+A 80 v "5 Sr! f$r KN? SB R* Living Lab n: IP f- >■*' IH > ■SSft 4254 words
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Advertisement275 2010-03-04 30 EXQUISITE PROPERTY COLLECTION DISTRICT 9/FREEHOLD NEW LAUNCH ORCHARD i 40 Exclusive Luxury Units Spacious 3 4 Bedrooms Beautiful Unblocked Panoramic View 1 Minute Walk to Somerset MRT NASSIM PARK RES/NASSIM HILL Exclusive Luxury Living SANDY ISLAND SENTOSA E 5 Bedrooms/8200 Sqft Private Pool/Elevator/Car Lift Knight Enquiries: +65 9021 2183 Frank275 words
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Page 31 Advertisements
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Advertisement194 2010-03-04 31 16A CABLE ROAD SflfeP at V£j m LL fi ISi Enquiries and viewings, please contact: Evelyn Ng 9847 6899 > 19,000sqft Spacious Road •11,000sqft Living Space Sumptuous Interiors with Luxury Bathrooms > Private Pool and Pavilion Fully furnished with Designer's furniture •Car park spacious for 16 cars Designed by award-winning194 words
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Advertisement37 2010-03-04 31 VVIP BOOKING FOR 76 SHENTON WAY! Located in Shenton Way, 1 2 br, mins to MRT IRs Magnificent seaview of future Waterfront Living High Capital appreciation rental yield. Don't miss this golden opportunity! Email: joy.toh@kf.COm.sg US'Joy *****553/*****81137 words
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Advertisement307 2010-03-04 32 AN EXCLUSIVE LIFESTYLE BUILT AROUND NATURE PAN ISLAND EXPRESSWAY GREENMEAD AVE WATTEN ESTATE RD Green Fairways Golf Course Driving Range tWatten Heights Playground Greenwood Fish Market Bistro /3 s Bukit Timah B THE GREENWOOD Z GREENWOOD CRES Watte n Estate Covo Bistro Lounge Saddle Club GREENWOOD AVE i Hi Raffles307 words
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