The Business Times, 31 March 2010

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Total Pages: 40
1 40 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Wednesday, March 31,2010
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  • 670 1  -  By SAMUEL EE [SINGAPORE] New car distributors fear they are now at the mercy of used car dealers, who will be able to influence the number of new certificates of entitlement by hanging on to their stocks. If fewer vehicles are
    670 words
  • 141 1 ST INDEX 2,933.39 (+4.25) ST INDEX FUTURES 2,933 (+4) SIMSCI 349.77 (+1.06) SIMSCI FUTURES 350.00 (+0.60) FOREX US$ S$ US$ (S$ per US$) 1.399 (US$/S$ per 1.505 2.105 EURO (US$/S$/E) 1.351 1.889 Foreign currency per US$ S$ YEN 92.50 66.10 RM 3.268 2.336 HK$ 7.764 5.551 BAHT 32.34
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  • 799 1  -  Najib pushes for ‘quantum leap’ in per capita income, curbs on patronage, rent seeking By in Kuala S JAYASANKARAN MALAYSIA will revise a 39-year-old affirmative action policy favouring its majority Malays to one that is needs-based and focused on alleviating poverty among the bottom
    REUTERS  -  799 words
  • Page 1 Advertisements
    • 276 1 HOCK LOCK SIEW What’s needed is change in regulatory mindset PAGE 10 TRANSPORT HUB Container market starting to stir again PAGE 29 EXECUTIVE MONEY Don’t let hidden costs ruin returns CEO PAY Pay jump for OCBC’s top brass in 2009 PAGE 6 PAGE 40 THE BT SPRING ISSUE It's all
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    • 7 1 Moves to speed up privatisation, Page 20
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  • TOP STORIES
    • 571 2 Sea change for KL affirmative action MALAYSIA will revise a 39-year-old affirmative action policy favouring its majority Malays to one that is needs-based and focused on alleviating poverty among the bottom 40 per cent of households without considerations of race. “Our first priority must be to eradicate poverty,
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    • 702 2  -  Overall prices rise 2-5%, with new highs in resale prices in some segments By UMA SHANKARI [SINGAPORE] Demand for new private homes in the first quarter of 2010 more than doubled compared to Q4 2009, according to a new
      Source: DTZ Research  -  702 words
    • 378 2  -  By LEE U-WEN [SINGAPORE] BATMAN will have to settle for second after all. Tucked away for years inside the pages of an old magazine, a 72-year-old Superman comic book has burst forth to become the most valuable of its kind in history.
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    • 573 2  -  By TEH SHI NING [SINGAPORE] Enterprise development agency Spring Singapore is now investigating Da Vinci director Raymond Phua’s admission that he submitted an application for grants which contained a falsehood. The admission emerged when Mr Phua, the eldest son of Da
      573 words
    • 490 4  -  But strong recovery in demand, prices in H2 continues into this quarter Reports by RONNIE LIM [SINGAPORE] Singapore’s electricity demand growth sank to a record low of 0.4 per cent last year from the usual 3-4 per cent as the recession ate
      FILE PHOTO  -  490 words
    • 308 4 [SINGAPORE] In line with rising fuel oil prices, electricity tariffs for households here will go up by 3.02 per cent, or 0.69 cent per kilowatt hour, to 23.56 cents per kWh in the second quarter. Announcing this yesterday, SP Services said that this
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    • 566 4  -  New GM on board; golf manager not quitting after all By VEN SREENIVASAN [SINGAPORE] Several hundred members of The Singapore Island Country Club (SICC) gathered at the clubhouse’s Island location yesterday to hear their general committee (GC), led by president Jimmy Yim, outline plans for
      FILE PHOTO  -  566 words
    • 283 4  -  By SAMUEL EE [SINGAPORE] Most motor traders expect COE premiums to continue climbing in next week’s tender the first to reflect the new and sharply reduced quota but by more reasonable amounts. “The quota cuts are just too substantial,” said the
      283 words
  • Page 2 Advertisements
    • 210 2 liiybii m am TERRY LUM ERA Marketing Director, MBA, CES HP+65 8288 0098 http: //jerrylum.myweb.sg/ MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg UBAM SICAV 18, boulevard Royal, L 2449 Luxembourg R.C. Luxembourg N° B 35.412 Shareholders are invited to attend the ANNUAL GENERAL MEETING OF SHAREHOLDERS which will be held
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    • 445 2 JURONG WAREHOUSE Up to 255,000 sq ft covered Up to 100,000 sq ft open space Automated Storage Retrieve System (ASRS) available Full rackings option LHN GROUP nagBEna Min. 7 metres floor to ceiling height Ample loading/ unloading area Logistics services available Short long term lease available Call 6578 9966 To
      445 words
    • 330 2 MAT3 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF MONSOON HOME THEATRE ENTERTAINMENT PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) (COMPANY REGISTRATION NO. *****4478C) Notice is hereby given that Messrs Abuthahir Abdul Gafoor and Ebenezer John Lazarus of ELTICI Financial
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    • 374 2 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF MONSOON HOME THEATRE ENTERTAINMENT PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) (COMPANY REGISTRATION NO. *****4478C) NOTICE OF MEETING OF CREDITORS Notice is hereby given that pursuant to Section 296 of the Companies Act (Cap.50), the meeting of the
      374 words

  • Page 3 Advertisements
    • 118 3 Standard 4Cg Chartered < SMSX (£3 ■^y< for a i ~WI -I:-: IPS v 'T Can a bank really stand for something? Can it balance its ambition with its conscience? To do what it must. Not what it can. As not everything in life that counts can be counted. Can
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  • Page 4 Advertisements
    • 2229 4 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES COLEX COLEX HOLDINGS LIMITED Registration No.:*****1485G (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Colex's Second Floor Conference Room, 20 Jalan Tukang, Jurong Town,
      2,229 words
    • 23 4 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MAT-3 NOTICES
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  • Page 5 Advertisements
    • 163 5 go with the first Olympic Games prepaid cards that work for ticketing and transit as Singapore hosts the 2010 Youth Olympic Games, Visa is proud to bring you the first ever Olympic Games prepaid cards with ticketing and transit functions, issued in conjunction with DBS Bank, with transit powered by
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  • COMPANY NEWS
    • 580 6  -  Celestial Nutrifoods and Rickmers among those denied clean bill of health By LYNETTE KHOO STRONG economic headwinds and a tough operating environment last year have left some companies still mired in losses and debts, unable to receive a clean bill of health for the
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    • 596 6  -  He gets $6.8m, the biggest sum since he joined OCBC in 2002 CEO PAY By SIOW LI SEN PAY for OCBC’s top brass skyrocketed in 2009 as the bank posted record core earnings. The total pay of chief executive David Conner rose 75 per
      596 words
    • 381 6  -  By EMILYN YAP CAPITALAND president and CEO Liew Mun Leong’s total remuneration last year was $5.8 million, down 22 per cent from $7.42 million in 2008. This was despite his bonus rising 29 per cent to $3.83 million from $2.98 million. This bonus is largely
      FILE PHOTOS  -  381 words
    • 762 6  -  Soh accused of faking takeover to boost share value By CHEW XIANG DOCTOR-turned-investor Anthony Soh was facing severe margin calls from his Australian stockbroker and so launched a fraudulent takeover bid for Singa-pore-listed Jade Technologies to boost the value of the Jade shares he
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    • 654 10  -  HOCK LOCK SIEW By R SIVANITHY THESingaporeEx-change(SGX)lastweek severely reprimanded Jurong Cement Ltd (JCL) for disclosure lapses, a move which is encouraging as it sends the market a timely reminder of the continuous disclosure obligations of listed companies. Under the current regulatory arrangements,
      654 words
    • 401 10 Reuters SICOM Gold, a new gold contract launched by the Singapore Commodity Exchange, started trading yesterday, with the trading volume reflecting a steady interest from investors. Sicom Gold offers a de-ferred-settlement contract priced in US dollars, with trading hours lasting from 0030 GMT to
      Reuters  -  401 words
    • 460 11  -  SGX to strike off 5 firms given de-listing notice; 6th firm gets extension By JAMIE LEE AFTER five years of successive losses, companies on the Singapore Exchange (SGX) watch-list should be de-listed to avoid depleting resources. SGX yesterday defended its decision to de-list
      460 words
    • 568 11  -  Analysts: RWS casino operating below expectations By ARTHUR SIM WITH crowds at Resorts World Sentosa (RWS) stabilising, a clearer picture is emerging of how the casino industry here is shaping up. And it does not look particularly sanguine. Citigroup gaming analysts staked out the RWS casino
      AFP  -  568 words
    • 513 11  -  By CONRAD TAN DBS Group has sold its 37.48 per cent stake in Indian joint venture Cholamandalam DBS Finance (Chola) to its JV partner for $117 million, a move that it hopes will sharpen its focus on serving corporate clients and rich individuals
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    • 243 11 SINGAPORE Telecommunications Ltd (SingTel) yesterday priced its issue of 10-year bonds, becoming the latest Singapore blue chip to tap the debt market. SingTel’s wholly owned subsidiary, SingTel Group Treasury Pte Ltd (SGT), issued $600 million of guaranteed notes maturing in 2020. The notes, guaranteed by
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    • 788 12 2010 Promising Companies THE private residential market is entering an upswing, with prices heating up as demand rises and more construction projects coming onstream as a result. According to figures from the Building and Construction Authority (BCA), the private sector construction market will be worth between S$7.0
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    • 901 12 2010 Promising Companies IN a bid to close the gap in healthcare between wealthy and poor regions, China is embarking on an ambitious effort to make basic medical services more affordable and accessible to its population of 1.3 billion. Against the recent backdrop of a
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    • 972 13 2010 Promising Companies THE demand for premier yet affordable healthcare could not have come at a better time for Health Management International Ltd (HMI), a regional healthcare and education provider listed on the Mainboard of the Singapore Exchange. The Group emerged from the 2009 global
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    • 864 13 2010 Promising Companies WHAT do the mining, energy exploration, hydroelectric and construction industries have in common? Most people would think of high labour requirements, intensive manual work and heavy capital investment. But from Fabchem China Limited's point of view, the companies in these sectors have
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    • 997 14 Leeden Total Integrated Welding Solutions Provider 2010 Promising Companies AS general economic condition im- hensive range of internationally renowned Having its own manufacturing faciliproves with a brighter outlook, brands in the supply of welding and safety ties and an extensive distribution network supporting industries are often products. Distribution is only
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    • 863 14 MapletreeLog From Strength To Strength 2010 Promising Companies MANY of this year's promising public listed companies are manufacturers or service providers. But Mapletree Logistics Trust ("MapletreeLog") is a little different. MapletreeLog is a real estate investment trust ("REIT") —the first Asiafocused logistics REIT to be launched in Singapore, and one
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    • 977 15 Q M Pursuing Organic And Acquisitive Growth 2010 Promising Companies SYNONYMOUS to its Chinese name "Quan Min" dental healthcare group Q M's mission is to serve the dental healthcare needs of the people. Envisioned by Dr Ng Chin Siau, founder and CEO, this creed is deeply entrenched within its corporate
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    • 832 15 2010 Promising Companies WITH its sights set on real estate development, TEE International Limited ("TEE") aims to build on 20-years of engineering expertise to cater to city dwellers in Singapore and Thailand as well as other regional cities. TEE has been carving its niche as a
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  • Page 6 Advertisements
    • 1767 6 ParkwayLife REIT PARKWAY LIFE REAL ESTATE INVESTMENT TRUST (constituted in the Republic of Singapore pursuant to a trust deed dated 12 July 2007 (as amended)) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the First Annual General Meeting of the holders of units of Parkway Life Real Estate
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  • Page 7 Advertisements
    • 81 7 THE ICON REIMAGINED THE ALL NEW XJ. Unlike any car you've seen before. Because no one has ever thought about a car in this way before. It's the stunning result of taking a very different road. You won't need a test-drive to be smittened. Now available for preview. iTi >*)
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  • SINGAPORE MARKETS
    • 752 8  -  Markets are not convinced placement of the seven-year offering is a success CURRENCIES CHEW XIANG Reporter THE euro fell back slightly yesterday after gains since Friday, amid lacklustre reception of Greece’s five billion euro (S$9.43 billion), seven-year issue on Monday. “Given the
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 5 8 0 0 0 4 5 8 Manufacturing 77 59 71 7 4 12 84 63 83 Commerce 25 18 30 1 2 6 26 20 36 Tpt/Stor/Comms 17 16 11
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    • BROKERS’ TAKE
      • 354 8 March 30 close: $2.30 OCBC INVESTMENT RESEARCH, March 30 STARHUB’S share price has done pretty well since dipping to a low of $2.08 on Feb 18 with an 11.1 per cent rebound to hit a high of $2.31. Besides the expected improvement in its defensive earnings and its
        Source: Bloomberg  -  354 words
      • 385 8  -  Compiled by JOYCE HOOI Singapore Property DBS GROUP RESEARCH, March 30 INTEREST in high-end property was brought back down to earth following the stunning one-day sellout success of Hong Leong Holdings’ 76 Shenton, as CityDev’s The W Residences and Ho Bee/IOI’s Seascape attracted moderate interest on Sentosa over
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    • 117 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 17,230 17,230 55,249 55,249 Manufacturing 399,032 48,528 447,560 293,845 9,102 302,947 Commerce 175,465 10,176 185,641 152,974 2,843 155,817 Tpt/Stor/Comms 92,746 277 93,023 160,808 42 160,850 Finance 32,250 32,250 210,287 210,287 Construction 58,536 3,750 62,286 17,661
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    • 109 8 Stock name Close Change CapMallsAsia 2.290 -0.020 CapitaLand 4.080 +0.030 CapitaMall 1.850 CityDev 10.920 -0.060 ComfortDelGro 1.600 +0.010 DBS Grp 14.560 -0.100 F&N 4.720 +0.060 Genting SP 0.915 -0.005 Golden Agri 0.570 +0.020 HK Land 4.930 +0.030 JMH 33.040 -1.260 JSH 19.220 -0.360 Jardine C&C 30.380
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    • 4 8 DAILY
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    • 585 8  -  STOCKS R SIVANITHY Senior Correspondent CONTINUED rotational punting of the second line and a Hong Kong dual listing play yesterday provided the main features in a session which saw the Straits Times Index gain 4.25 points at 2,933.39, its fourth consecutive rise during
      585 words
    • 66 8 Mar 30 VALUE CLOSE BT OB/OS 361.00 -27.00 BT CADI -*****.00 +35.00 BT 10-day MA -*****.00 +36.00 FTSE ST Mid Cap 704.29 +1.48 FTSE ST Small Cap 565.34 +1.30 FTSE ST All Share 723.96 +1.16 FTSE ST China Top 285.88 +3.14 FTSE ST China 303.15 +2.52 FTSE
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    • 56 8 VOLUME Golden Agri 80,315,000 Z-Obee Hldgs 49,918,000 Genting SP 47,448,000 MDR 41,724,000 UPP 38,018,000 Pac Andes 30,694,000 ChinaAniH 25,427,000 Hengxin 24,473,000 Novo Grp 23,632,000 China XLX 23,626,000 VALUE($) DBS Grp 88,535,980 Wilmar 72,452,440 Noble Grp 55,613,850 UOB 53,216,893 Golden Agri 45,422,560 Genting SP 43,265,925 SIA 36,472,960 IndoAgri
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    • 111 8 BY CENTS CLOSE UP DBXT MSKorea 10US$ 4849 67.1 1.0 DBXT FTChina25 10US$ 3003 57.3 1.4 UOB.ES.1003 1982 44.0 2.3 Lyxor China H 10US$ 1604 40.5 1.8 DBXT MSBrazil 10US$ 692 35.0 3.7 Jardine C&C 3038 34.0 1.1 SIA 200 1564 28.0 1.8 SIA 1566 26.0 1.7 Lyxor EmergingMkts
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    • 117 8 BY CENTS CLOSE DOWN JMH 3304-176.2 -3.7 JSH 1922 -50.3 -1.8 DBXT S&P Short 10US$ 5078 -36.4 -0.5 DBXT FTVietnam 10US$ 4370 -23.8 -0.4 Great Eastern 1570 -18.0 -1.1 STXPO 100 1654 -18.0 -1.1 HL Asia 470 -14.0 -2.9 Asia Pac Brew 1390 -10.0 -0.7 DBS Grp 1456 -10.0
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    • 87 8 Mar 30 CHNG YR 2010 CLOSE FR Mar 29 S$ LOW S$ HIGH US$ 1.3990 0.02 1.4219 1.3953 Euro 1.8853 0.12 2.0153 1.8753 Pounds 2.0958 0.13 2.2776 2.0845 A$ 1.2830 -0.33 1.2923 1.2276 Yen* 1.5123 0.01 1.5927 1.5027 Rupiah* 0.***** -0.29 0.*****# 0.***** Baht* 4.3259 -0.06
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  • Page 9 Advertisements
    • 187 9 fe DKSH New name, next move Diethelm Singapore Pte Ltd is now DKSH Singapore Pte Ltd, and Harpers Trading (S) Pte Ltd is now DKSH Marketing (S) Pte Ltd. While the company names are new, the goal remains the same to provide our business partners a real-world competitive advantage. We've
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  • Page 10 Advertisements
    • 2689 10 CHEMOIL CHEMOIL ENERGY LIMITED (Company Registration No. *****1) (Incorporated in Hong Kong) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Chemoil Energy Limited ("the Company") will be held at Marina Mandarin Hotel, Taurus Room, Level 1, 6 Raffles Boulevard, Marina Square, Singapore *****4
      2,689 words
    • 912 10 CHEMOIL CHEMOIL ENERGY LIMITED (Company Registration No. *****1) (Incorporated in Hong Kong) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Chemoil Energy Limited (the "Company") will be held at Marina Mandarin Hotel, Taurus Room, Level 1, 6 Raffles Boulevard, Marina Square, Singapore *****4
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  • Page 11 Advertisements
    • 353 11 o HOUSING DEVELOPMENT BOARD HDB SALE OF SITE LAND PARCEL YISHUN PH1 AT YISHUN AVENUE 11/YISHUN CENTRAL UNDER THE DESIGN, BUILD SELL SCHEME (DBSS) Located near the centre of Yishun Town, Yishun PHI is the coveted choice for those in search of an idyllic and convenient living environment. Well-served by
      353 words





  • SINGAPORE NEWS
    • 555 16  -  Organisations will require new capabilities and skills to thrive: DPM By CHUANG PECK MING DEPUTY Prime Minister Teo Chee Hean last night spelled out five areas of capability and competency the government is building to make the Public Service future-ready. Speaking
      555 words
    • 433 16  -  By CHEN HUIFEN THE key to sustainable health care is to de-politi-cise it, minimise market distortions and allow it to function like any other economic activities, Health Minister Khaw Boon Wan said yesterday. Speaking at the Healthcare in Asia conference yesterday, Mr Khaw told
      433 words
    • 200 16 DIABETES sufferers will be able to keep their illness at bay with a nifty device that helps them monitor their glucose levels and order supplies. Called eDiabetes, the device is slated for commercial release by the first half of next year. According to
      200 words
    • 357 16  -  By OLIVIA HO THE circus is coming to town specifically, to Resorts World Sentosa (RWS). The resort yesterday gave a glimpse of its upcoming resident show Voyage de la Vie. Set to be Singapore’s first circus theatre spectacular, the production is said to be one
      REUTERS  -  357 words
    • 568 17  -  It will be part of team designing, building HP’s global IWS portfolio By AMIT ROY CHOUDHURY IN another thumbs up for Singapore’s electronics sector, Hewlett Packard (HP) said yesterday that it will set up an inkjet and Web solutions (IWS) global design centre
      568 words
    • 347 17  -  By UMA SHANKARI THE Housing and Development Board (HDB) has launched a land parcel in Yishun for sale under its design, build and sell scheme (DBSS). Around 700 flats can be built on the site located at the junction of Yishun Avenue 11 and
      347 words
    • 357 17  -  By CONRAD TAN CITIBANK has launched a new rebates programme for its credit-card customers in an aggressive push to grow its credit-card business in Singapore by a fifth in the next two years. From April, the bank will offer rebates of up to
      357 words
    • 284 17  -  By AMIT ROY CHOUDHURY PRESIDENT S R Nathan yesterday conferred awards on four senior business executives for their contributions towards the development of Singapore’s economy. Rob J Routs, former executive director, downstream, at Royal Dutch Shell, received the Public Service Star (Distinguished Friends
      284 words
  • Page 16 Advertisements
    • 2394 16 GrT,? HOTUNG INVESTMENT HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hotung Investment Holdings Limited (the "Company") will be held at The Landis Taipei Hotel, Banquet Hall, B1, 41 Min Chuan East Road, Sec. 2, Taipei, Taiwan, R.O.C. on April 23,
      2,394 words
    • 210 16 WATS NOTICES BUY IT-SELL IT-FIND IT IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF IRECS SINGAPORE PTE. LTD. COMPANY REGISTRATION NO. *****3194D (IN MEMBER'S VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50
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    • 1 16 adv
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  • Page 17 Advertisements
    • 202 17 FREEHOLD LAND (a) 21 KIM KEAT ROAD Toa Payoh MRT/HDB Hub Novena MRT Square Velocity moulmein rd SJI Junior George Kang Tay Liam Hiap Land area 3,023.4 sq m (32,544 sq ft) Dual frontage via Kim Keat Rd and Lor Ampas Residential plot ratio 2.8 Minutes drive to Orchard Rd
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  • Page 17 Miscellaneous
    • 28 17 VJ \s 31 tl'JL'l JACKPOT 1,500,000 TOMORROW PLAY© Always play with care. Towards Community [responsibiyj Do not bet illegally. Purpose and Benefit RCB Reg No: *****0202G SINGAPORE FU
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  • ECONOMY WATCH
    • 864 18 Desperate responses raise concern they could be headed for Greece-style crisis NYT [NEW YORK] California, New York and other US states are showing many of the same signs of debt overload that recently took Greece to the brink budgets that will not balance,
      NYT  -  864 words
    • 507 18 Bloomberg [NEW YORK] The International Monetary Fund will impose conditions on Greece if the debt-stricken country asks for assistance, managing director Dominique Strauss-Kahn said. Leaders of the 16-nation euro region last week endorsed a Franco-German proposal for IMF and bilateral
      Bloomberg; REUTERS  -  507 words
    • 481 18 Bloomberg [TOKYO] Japan’s industrial production fell in February and the unemployment rate held at the lowest level since March 2009, underscoring an uneven economic recovery that has yet to end deflation. The 0.9 per cent drop in factory output from a month earlier snapped
      Bloomberg  -  481 words
    • 263 18 Reuters [LONDON] Britain’s economy emerged from an 18-month recession in the fourth quarter of last year with more momentum than previously thought, official data showed yesterday. The Office for National Statistics said the economy grew 0.4 per cent in the last three
      Reuters  -  263 words
  • Page 18 Advertisements
    • 1650 18 WATJ3 NOTICES BUY IT-SELL IT-FIND IT CEI CONTRACT MANUFACTURING LIMITED (Company Registration No: *****5114H) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of CEI CONTRACT MANUFACTURING LIMITED ("the Company") will be held at The Grassroots' Club, 190
      1,650 words

  • BUILDING RESILIENT BUSINESSES
    • 1812 19  -  Singapore ceded the top spot to Hong Kong in a recent study of corporate governance in Asia. MICHELLE QUAH finds out why MICHELLE QUAH IT IS arguable if corporate governance levels in Singapore have truly slipped, given that there isn’t a universally recognised measure of
      FILE PHOTO  -  1,812 words
  • Page 19 Advertisements
    • 219 19 CPA Forum 2010 Building resilient businesses with good corporate governance 3 52 Corporate Governance Financial Reporting Centre Sf'l Strategic partners: J HE BUSINESS TIMES Good corporate governance is fundamental to business sustainability. Gain insights on corporate governance disclosures and practices from the Governance and Transparency Index and hear views from
      219 words

  • MALAYSIA/INDONESIA
    • 879 20 Economists expect inflation to head to at least 6.5%, bond yields to fall further Reuters [JAKARTA] Indonesia’s notoriously stubborn inflation has been so tame lately that investors racing to buy its high-yielding bonds seem to be ignoring the risk of another spike in prices,
      Reuters; AFP  -  879 words
    • 506 20  -  By PAULINE NG in Kuala Lumpur PRIME Minister Najib Razak yesterday said that the Malaysian government would speed up disposing of its non-core assets to ensure a better balance with the private sector under the country’s New Economic Model (NEM). He also announced a
      506 words
    • 305 20 Bloomberg [KUALA LUMPUR] Hong Leong Bank Bhd, Malaysia’s sixth-largest lender, offered RM4.92 billion (S$2.08 billion) to buy smaller rival EON Capital Bhd, renewing a bid for the target company a month after an earlier approach was rejected. The new offer, worth the same
      Bloomberg  -  305 words
  • Page 20 Advertisements
    • 2257 20 [SATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg A PINE AGRITECH LIMITED (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Pine Agritech Limited (the "Company") will be held at Traders Hotel, Bencoolen (Level 2), 1A Cuscaden Road, Singapore *****6 on Friday,
      2,257 words

  • Page 21 Advertisements
    • 81 21 Ramba ENERGY 1 It f >> f *^F RAMBA ENERGY THE SUCCESSFUL ACQUISITIONy HE JATIRARANGON V b'jt £T 4 "0*" yvt < tf» GAS FIE I> f*'v i&ES3iiK '•^^iSrSsy'Cw® vt^^PBE. idsMNk >»r .>'3ltA: 1 lamSS ■Eft- f^X-fW*7Sg 'jifaj-ja if TmBK*'' 1 I Congratulations from: HPRP LAWYERS HANAFIAH PONGGAWA PARTNERS KHATTARWONG
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  • GREATER CHINA
    • 685 22 Government urged to resume pre-crisis managed floating exchange rate fast MANAGING THE YUAN Reuters [SHANGHAI] China should allow the yuan to resume its gradual appreciation, two new advisers to the central bank said on Tuesday, as Beijing faces intense US pressure to
      Reuters; BLOOMBERG  -  685 words
    • 483 22 Bloomberg [BEIJING] Chinese Commerce Minister Chen Deming said increasing the value of the yuan won’t overcome the lopsided trade with the US, and urged American policy makers to avoid confrontation. Yuan “appreciation cannot redress the trade imbalance”, Mr Chen said in an article
      Bloomberg  -  483 words
    • 321 22 Real demand, not speculative money, driving prices: BOJ Reuters [TOKYO] China is unlikely to experience the kind of asset price bubble crash that Japan faced in the 1990s, but a rapid outflow of overseas funds could lead to a big adjustment in its property prices,
      Reuters  -  321 words
  • Page 22 Advertisements
    • 3500 22 Parkway Holdings PARKWAY HOLDINGS LIMITED (Co. Reg. No. *****0320R) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN That the Thirty-Seventh Annual General Meeting of the Company will be held on Friday, 16 April 2010 at 11.00 am at The Lecture Theatre, Level 3, Gleneagles Hospital, 6A Napier Road, Singapore
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  • INDIA
    • 621 23 Players disappointed that bulk of borrowing will be in 10-year and longer segment [NEW DELHI] India will sell 63 per cent of its bond issuance for the new fiscal year in the first half, slightly less than expected, giving a
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  • Page 23 Advertisements
    • 551 23 WINE DINE AND HOSPITALITY V i WA PREGO 4 Apr, 12nn to 3pm EASTER SUNDAY CHAMPAGNE BRUNCH Adult 1 150" perperson I Child 2 75" Person 1 Free-Row oFMoet Chandon, House Red White Wine and Soft Drink 2 Free-Row oFSoFt Drink, Fruit Juice and Smoothies HIGHLIGHTS Special Kids' Corner Easter
      551 words

  • GREATER CHINA/INDIA
    • 611 24 This is expected to open up bilateral trade worth billions LAT-WP [NEW DELHI] India and the United States announced on Monday the successful conclusion of negotiations granting rights to India to reprocess spent nuclear fuel, a key step to opening nuclear
      LAT-WP  -  611 words
    • 500 24 It’ll put money in stocks, bonds and private equity funds Reuters [BEIJING] China’s US$114 billion pension fund plans to ramp up its investments overseas in search of higher returns, even though it expects the yuan to strengthen in the long run. Dai Xianglong,
      Reuters; BLOOMBERG  -  500 words
    • 641 24 Reuters [CANBERRA] China has warned Australia not to make “irresponsible” comments about the trial of four employees of mining firm Rio Tinto after Canberra said the trial had left questions about China’s legal system. The verbal sparring over the conviction of Australian citizen
      Reuters; AFP  -  641 words
    • 293 24 AFP [HYDERABAD, India] Indian police yesterday imposed a curfew in parts of the southern city of Hyderabad, home to global IT giants Google and Microsoft, after three days of inter-reli-gious clashes. At least one man died in street battles between Hindu and Muslim mobs during
      AFP  -  293 words
    • 282 24 Reuters [NEW YORK] NYSE Euronext still hopes to be one of the first foreign companies to list on a Chinese exchange, but the going has been slow so far, a top official said on Monday. NYSE Euronext chief executive Duncan Niederauer
      Reuters  -  282 words
    • 313 24 Bloomberg [NEW DELHI] India’s ruling party chief Sonia Gandhi will head a revived advisory panel that helped guide key social development programmes, strengthening her role in policymaking four years after quitting the post. Mrs Gandhi will “hold the rank and status” of a
      Bloomberg  -  313 words
  • Page 24 Advertisements
    • 36 24 Win T Baii&J&k r To )rta Log onto 1 1 si travel I ers.cjm the ultimate travel resource btj SPH for ST "Spring Sensations" travel supplement stories. Sponsored By: Garuda Indonesia Content Powered By: rednano sg
      36 words

  • WORLD
    • 678 25 Inquiry into 24 firms to see extent of Lehman-style tactics used to hide debt NYT Bloomberg [NEW YORK] The US Securities and Exchange Commission said on Monday that it has started an inquiry into about two dozen financial companies to determine whether they followed accounting
      NYT; Bloomberg  -  678 words
    • 442 25 Reuters [WASHINGTON] If women ran Wall Street, Treasury Secretary Timothy Geithner’s job cleaning up the bloodied financial markets might not be so tough. In opening a Women in Finance Symposium here on Monday, Mr Geithner said he recently read an article asking
      Reuters; BLOOMBERG  -  442 words
    • 204 25 AP [NEW YORK] Insurer Prudential Financial will take a US$100 million charge in the first quarter in relation to the recent US healthcare overhaul legislation. The company said it will take the charge against earnings in the first quarter. Prudential joins a growing list of
      AP  -  204 words
    • 384 25 Bloomberg [LONDON] Glencore International, a large commodities trader, plans to tap banks in Asia for the first time as it seeks to borrow at least US$7 billion, according to two people familiar with the matter. The Baar, Switzerland-based company hired BNP Paribas,
      Bloomberg  -  384 words
    • 575 27 Revenue rise will mark reversal of at least US$57b losses during credit crisis Bloomberg [ZURICH] Swiss bank UBS generated about US$2.3 billion of revenue at its fixed-income division in the first quarter as it rebuilt the unit following record losses, people with knowledge
      Bloomberg; AP  -  575 words
    • 714 27 AP [SAN FRANCISCO] Amazon.com, which has the fast-growing electronic book market for the past few years with the Kindle, could get its biggest threat on Saturday, when Apple releases its iPad multimedia tablet. The Kindle starts at US$259 and is designed mainly
      AP  -  714 words
    • 265 27 Reuters [LONDON] British state broadcaster BBC has delayed launching mobile applications that deliver its news and sport free to devices like Apple’s iPhone after newspapers expressed concern about direct competition. The Newspaper Publishers Association had asked the BBC’s governing body, the BBC Trust,
      Reuters  -  265 words
    • 571 27 Move follows launch of plans to restructure US$26b in Dubai World debt Reuters Bloomberg [DUBAI] Dubai swept out the board of indebted property firm Nakheel and replaced its high profile chairman yesterday, in the wake of parent company Dubai World’s US$9.5 billion rescue plan. The Dubai
      Reuters; Bloomberg  -  571 words
  • Page 25 Advertisements
    • 2548 25 c&c Industrial Holdings C&G INDUSTRIAL HOLDINGS LIMITED (Incorporated in Bermuda on 24 September 2004) Registration No.: ***** NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Meeting Room 307, Level 3, Suntec International Convention and Exhibition Centre, 1
      2,548 words

  • ASIA-PACIFIC/WORLD
    • 462 26 LATEST US DATA Bloomberg [NEW YORK] Confidence among US consumers climbed in March as Americans perceived employment was starting to improve. The Conference Board’s confidence index rose to 52.5, exceeding the median forecast of economists surveyed by Bloomberg News, from 46.4 in
      Bloomberg  -  462 words
    • 639 26 No 2 producer Rio Tinto says it hopes to ditch annual prices by this year Reuters Bloomberg [SYDNEY/TOKYO] Vale and BHP Billiton will sell Japanese steelmakers iron ore priced quarterly from April 1, signalling the demise of annual fixed price contracts
      Reuters; Bloomberg; REUTERS  -  639 words
    • 404 26 Reuters [SYDNEY] National Australia Bank (NAB) and France’s AXA SA agreed on a A$14 billion (S$17.9 billion) takeover plan for asset manager AXA Asia-Pacific, moving closer to the end of a four-month takeover tussle with rival AMP. NAB, Australia’s biggest lender,
      Reuters  -  404 words
    • 461 26 Reuters [ABU DHABI] The body of an Emirati sheikh and ruling family member who headed one of the world’s biggest sovereign wealth funds has been found after a glider crash in Morocco, state media said yesterday. Rescuers had combed the area for four
      Reuters  -  461 words
    • 257 26 Bloomberg [SINGAPORE] Singapore investment company, Temasek Holdings, agreed to buy US$100 million of convertible debt in Platmin Ltd, the South Africa-based platinum miner controlled by Brian Gilbertson’s Pallinghurst Resources Ltd. Temasek, through its Ridgewood Investments (Mauritius) Pte unit, agreed to buy the
      Bloomberg  -  257 words
  • Page 26 Advertisements
    • 1412 26 BEATS "vrir^pc Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES PEOPLE'S FOOD HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of PEOPLE'S FOOD HOLDINGS LIMITED (the "Company") will be held at Magnolia 3, Grand Hyatt Singapore, 10 Scotts Road, Singapore *****1 on Friday, 23
      1,412 words

  • Page 27 Advertisements
    • 1420 27 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg IT-SELL IT-FIND IT SWISSCO SWISSCO INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No: *****1051D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Sixth Annual General Meeting of the Company will be held at Republic of Singapore Yacht
      1,420 words

  • FOCUS: BEST WORKPLACES
    • 1143 28 None of the top three slots in Fortune ranking comes from region as job cuts, shrinking pay, less generous perks diminish appeal Bloomberg [SAN FRANCISCO] TALK about bad timing: Within weeks of being named the best place to work last year, NetApp Inc.
      Bloomberg; PHOTOS: BLOOMBERG  -  1,143 words
  • Page 28 Advertisements
    • 1567 28 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg O KHB KIAN HO BEARINGS LTD (Company Registration No. *****2030N) (Incorporated in Singapore with limited liability) Notice 3 oF Annucal Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Kian Ho Bearings Ltd ("the Company") will be held at 5 Changi
      1,567 words
    • 22 28 tk Lianhe Zaobao is key focus for 2nd round of ChinaTaiwan ECFA talks J ECFAfcftftffi "F"ftflM«jS For Subscription, call 6388 3838 www.sphsubscription.com.sq
      22 words

  • Transport HUB
    • 822 29  -  With only a moderate recovery in sight, tough times will continue for shipping STRAIT TALK By DAVID HUGHES ANYBODY sitting through the keynote conference session at last week’s Asia Pacific Maritime trade show will have come away with a much better idea of the current state
      822 words
    • 281 29 SGX '000 Mar 30 S$ +/-Vol CH Offshore 0.66 0.01 453 Chuan Hup Hldgs 0.30 -0.01 121 Cosco Corp 1.25 unch 2283 CWT Ltd 1.09 0.01 1873 Ezra Hldgs 2.41 0.01 2553 First Ship Lease 0.61 -0.01 642 Freight Links 0.05 unch 5431 Grand Banks 0.42 unch 5
      281 words
    • 660 29  -  Maersk joins other carriers in adding Vietnam port; rising rates irk shippers By VINCENT WEE THE container market is starting to stir again after months of quiet consolidation, with lines shuffling capacity around and shippers starting to complain about rising rates. Maersk Line
      BLOOMBERG FILE PHOTO  -  660 words
    • 363 29 Bloomberg [HONG KONG] Hutchison Whampoa Ltd’s port unit, the world’s largest container terminal operator, and Cosco Pacific Ltd posted lower second-half profits as a global recession dampened world trade. Hutchison Port Holdings Ltd’s second-half earnings before interest and taxes dropped 7.3 per cent to HK$5.92
      Bloomberg  -  363 words
    • 585 29  -  By CAROLINE LEE The writer is president of the Singapore chapter of the Women’s International Shipping Trading Association MANY businesses worldwide are still failing to make the most of female talent, according to a report issued on International Women’s Day by
      FILE PHOTO  -  585 words
    • TRANSPORT HUB: AVIATION
      • 666 30  -  Passenger demand up 9.5% and cargo rises 26.5% though from a low base By VEN SREENIVASAN INTERNATIONAL scheduled air traffic continued to grow strongly in February, with passenger demand rising 9.5 per cent and cargo demand surging 26.5 per cent, according to latest
        REUTERS  -  666 words
      • 427 30 Reuters [KUALA LUMPUR] Budget carrier AirAsia is on track for double-digit passenger growth this year and sees an increase in passenger load on strong regional travel demand. “Overall, we expect to see an increase in demand this year,” said its regional head of treasury Aireen
        Reuters  -  427 words
      • 297 30 Bloomberg [LONDON] British Airways’ 12,000 flight attendants will end seven days of strikes over pay and staffing levels at midnight, boosting the chances of a return to negotiations that broke down on March 19. BA chief executive Willie Walsh and
        Bloomberg  -  297 words
      • 325 30  -  Transmile to run 6 weekly flights to KL via Kuching, Labuan By VEN SREENIVASAN MALAYSIAN privately owned cargo carrier Transmile Air has started operating from Changi Airport, with six weekly scheduled cargo flights between Singapore and Kuala Lumpur via Kuching and Labuan in East
        325 words
      • 2828 30 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ268 1745 AF8088 2230 BA7382 2230 --JL5083 2230 QF82 2230 LH9770 2350 SQ269 2350 Ahmedabad NH6293 0710 SQ531 0710 Amsterdam LO4031 0605 MP96 0840 SQ323 0605 LO4032 2345
        2,828 words
    • TRANSPORT HUB: LAND
      • 560 31  -  KahShare, Car Club members can access more cars and wider network of ports By SAMUEL EE AS prices of new cars soar, car-sharing is set to boom and KahShare plans to ride that boom by cross-sharing with a rival company. KahShare, Honda distributor Kah Motor’s
        PHOTOS: YEN MENG JIIN  -  560 words
      • JAPANESE AUTO INDUSTRY
        • 648 31 Academy of Sciences to study electronics in auto industry AP [WASHINGTON] Nasa and the National Academy of Sciences are joining the government’s effort to figure out what caused the sudden acceleration problems that led to Toyota’s massive recalls. Nasa scientists with expertise in
          AP  -  648 words
        • 641 31 AP [YOKOHAMA] Nissan Motor Co said yesterday that its new electric car, the LEAF, will be sold for 3.76 million yen (S$58,800) in Japan, less expensive than other zero-emission vehicles but still out of reach for many drivers who may also balk
          AP; AFP  -  641 words
        • 259 31 AFP [TOKYO] Production and exports of Japanese cars nearly doubled in February from a year ago, when the global recession hit Japan’s car giants hard, an industry body said yesterday. Domestic production of passenger vehicles, trucks and buses reached 841,796 in the month,
          AFP  -  259 words
        • 265 31 AFP [TOYOTA CITY, Japan] Beleaguered Japanese carmaker Toyota said yesterday it will reshape its global operations as part of efforts to “regain consumer confidence” in its products. The world’s largest automaker said it had created a global committee of chief quality officers charged with
          AFP  -  265 words
  • Page 29 Advertisements
    • 45 29 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY 24 HOURS TE** What happens at Tekka Market after you've bought your fish, your meat, your vegetables, your roti prata and headed home? SIMPLE LOOK FOR DIMPLE GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
      45 words

  • Page 30 Miscellaneous
    • 304 30 CRYPTIC CROSSWORD Across 1 To hit hard, an advertising catchphrase (6) 4 I can’t remember cinema as ‘flicks’ (8) 9 Female performer’s agent (6) 10 Popular flavour available (2,6) 11 See artist drunk in papers (9) 13 Prevent a check pinning rook (5) 14 Film lead in Pink Panther? Treat
      304 words

  • Page 31 Advertisements
    • 54 31 LED Daytime Running Light for all Mercedes models Aerodynamics kits for all Mercedes models Performance kits for all Mercedes models Exhaust systems for all basic models Performance Rims from 19" to 22" Call 9670 9686-9183 9766 Exodus Global Pte Ltd, 1 Tannery Road, One Tannery #01-01A S(*****9) Tel: 6363 9900
      54 words

  • EDITORIAL & OPINION
    • 503 32 EDITORIAL GOING by the prognoses put out by economists, the Asian economies have consumed their way out of the latest crisis and are going great guns. At the same time, they need still to ramp up their domestic demand. Such are just some
      503 words
    • 1057 32  -  Reasons, challenges and benefits for the existence of a multi-strategy hedge fund By BERNARD LEE Visiting Associate Professor of Economics (Practice) Bernard Lee is the deputy director of the Sim Kee Boon Institute of Financial Economics at the Singapore Management University. This is
      ST FILE PHOTO  -  1,057 words
    • 746 32  -  THE BOTTOM LINE FRANK CHING The writer is a Hong Kong-based journalist and commentator THE high-profile case of Rio Tinto executive Stern Hu closed with the three-judge court sentencing the Australian citizen to 10 years in prison on charges of corruption and stealing
      746 words
    • 1231 33  -  Counting on his American right-wing allies to counterbalance the pressure from the Democratic president doesn’t work LEON HADAR Washington Correspondent IT’S an open secret that Israel’s Prime Minister Benjamin Netanyahu, leader of the right-wing Likud Party, has maintained political ties and personal friendships with
      1,231 words
    • LETTERS TO THE EDITOR
      • 815 33  -  Mak Yuen Teen Associate professor NUS Business School I REFER to the letter, “How many directorships? There’s no magic number” (BT, March 26), from the executive director of the Singapore Institute of Directors (SID). SID’s position on this particular issue is very clear,
        STOCK.XCHNG  -  815 words
      • 384 33  -  Mano Sabnani THE Singapore Exchange (SGX) has become rather active of late in cleaning out troublesome and/or lossmaking companies. This week, it ordered half a dozen or so listed companies to delist from the SGX mainboard. Your article, “SGX shows its steel and it
        384 words


  • SINGAPORE STOCKS
    • 9075 34 Transaction date: Mar 30 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 3.5 3148 8Telecom 17.5 unch 35 17.5 17 17 17.5 1.7 10.3 5.6 83.8 10 3 5834
      9,075 words
    • 1698 35 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 1
      1,698 words
    • 9372 35 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.25/ APS Alpha Fund (USD)!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.7/ Aberdeen Asset Mgt Asia Limited American Opp 0.6687/ Asian Credit Fund 1.2439/ Asian
      9,372 words
    • 590 35 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 $mil 111 107 6389 ABF SG Bond ETF 109.5 109.5 112 499.8 872 479 CIMBAsean40 100US$ US872cd +13 3 872 872 873 877 34.9 298
      590 words
    • 259 35 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 $mil 56 26 6000 AVJennings A48 unch 15 48 48 48 49 3.6 7.3 3.8 125 31 7.5 6017 Genting HK US$ US21.5 unch 2005
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  • FINANCE & COMMODITIES
    • 365 36 In local curr In S$ In US$ dy yr dy yr dy yr Mar 29 Index Change Change Change Change Change Change World Index Preliminary 868.8 0.4 4.4 0.2 2.4 0.6 2.8 EAFE Preliminary 814.2 0.1 3.7 0.2 -0.4 0.5 0.0 Europe Preliminary 1163.3 0.2
      365 words
    • 171 36 Mar 30 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 10 334.5 334.5 334.5 25 May 10 332.5 332.5 332.5 20 Jun 10 332.0 Jul 10 332.0 Aug 10 332.0 60 Sep 10 332.0 TSR 20 (US cents/kg)
      171 words
    • 88 36 Mar 30 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 01.07.2010 0.35 1-Year BY*****N 01.11.2010 0.38 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 103.98 104.06 104.04 5-Year N*****0N 1.375 01.10.2014 100.14 100.30 100.20
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    • 132 36 Mar 30 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2700 1.3100 Can dollar 1.3610 1.3770 Euro 1.8730 1.8970 NZ dollar 0.9830 1.0060 Sterling pound 2.0820 2.1090 US dollar 1.3910 1.4060 Local dollars to 100 units of foreign
      132 words
    • 177 36 Mar 30 $S Offer Bid Overnight 3/16 1/8 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.10 US$ Offer Bid 7 days 0.25 0.20 1 month 0.32 0.22 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.52 0.42 9 months 0.80 0.60 12
      177 words
    • 69 36 Mar 30 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 10 2535 2591 2591 2535 544 4951 May 10 2542 2563 2570 2527 3431 ***** Jun 10 2521 2545 2548 2501 ***** ***** Jul 10 2505 2515
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    • 22 36 Mar 30 S$ Bid Offer 1-month 1.3983 1.3996 2-months 1.3984 1.3998 3-months 1.3986 1.4000 6-months 1.3992 1.4006 Source: OCBC
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    • 27 36 Mar 30 Open High Sett STI Mar 2933 SIMSCI Mar 349.2 350.3 350.0 Taiwan Mar 284.6 285.6 283.9 Source: MF Global (S) Pte. Ltd
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    • 85 36 Mar 30 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 359 36 Mar 30 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.6150 0 4232 Sep10 99.4250 0 2252 Dec10 99.1300 0 2296 Mar11 98.7850 0 3358 EUROYEN TIBOR FUTURES Jun10 99.6050 99.6100 99.6050 99.6050 0 4766 Sep10 99.6200 0 4100 Dec10 99.6250 0 1480 Mar11 99.6100 20
      359 words
    • 466 36 Mar 30 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.936 6.274 0.681 7.136 41.399 83.496 0.850 10.387 3.003 1.292 77.159 41.624 1.286 6.798 0.975 29.217 29.717 0.611 0.919 Canada 1.068 6.699
      466 words
    • 138 36 Mar 30 GOLD (US$/oz) Mar 29 Mar 30 Hong Kong 1110.30 1110.70 Mar 26 Mar 29 London 1103.95 1113.50 1104.75 1114.30 Source: Thomson Reuters CAST BAR Mar 30 (S$) Selling Buying Kilobar 53,435.80 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 119.84 50 5gm 340.26 249 10gm 606.69
      138 words
    • 154 36 Mar 30 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2847 1.2863 0.9189 0.9192 Canadian dollar 1.3718 1.3737 0.9812 0.9816 Euro 1.8881 1.8900 1.3505 1.3506 NZ dollar 0.9945 0.9961 0.7113 0.7118 Sterling pound 2.1034 2.1062 1.5045 1.5051
      154 words
    • 2588 36 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 2.5 1 15 13 6.20 50 4085 ASJ Hldgs W*****1 3 -0.5 620 1 4 2.33 23 2036 Advance SCT Ltd W*****9 0.5 1 87 2400
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    • 69 36 Mar 29 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2251.00 2189.75 3 months 2283.00 2220.00 Copper, Grade A (US$/tonne) Cash 7732.00 7479.25 3 months 7770.00 7515.00 Lead (US$/tonne) Cash 2121.50 2096.05 3 months 2151.00 2125.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • 105 36 Mar 29 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 967.50 952.00 977.50 951.50 Jul 10 974.50 959.75 984.00 959.00 Aug 10 965.50 952.50 974.00 952.25 Sep 10 941.50 932.00 950.00 932.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 39.27 38.95 39.70
      105 words
    • 77 36 Mar 29 COCOA (£/tonne) Close Prev High/Low May 10 2246 2216 2251/2217 Jul 10 2264 2232 2269/2233 Sep 10 2226 2197 2228/2201 Dec 10 2193 2165 2196/2179 COFFEE (US$/tonne) Close Pev High/Low Mar 10 1339 1307 1352/1298 May 10 1371 1339 1386/1339 Jul 10 1405 1374 1420/1374 SUGAR (US
      77 words
    • 77 36 CRUDE OIL PRODUCTS Mar 29 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 81.59 2.39 WTI (Near Mth) 82.38 2.26 Dubai (1-Mth F) 78.02 -0.37 Tapis blend 82.95 -0.20 Minas 81.75 -0.20 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 79.25 0.25 Jet Kerosene 88.15 -0.05 US$/barrel Opec Oil
      77 words
  • Page 36 Advertisements
    • 111 36 The more you trade, the more you save. Enjoy automatic rebates and lower commissions Make huge savings on FX and Singapore shares FX spreads from 1 pip Always guaranteed market prices on shares Learn more about our automatic rebates for frequent traders at iqmarkets.com.sq CFD trading can result in losses
      111 words

  • 6596 37 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 Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
    6,596 words
  • Page 37 Advertisements

  • Page 38 Advertisements
    • 118 38 BUZZ Geniki Lines to extend coverage of Malaysia-Brunei coastal service From April 6, Johor-based Geniki Lines will implement a new service that will extend its existing coverage of ports in Malaysia to the Port of Muara in Brunei in a loop. Geniki Lines, will deploy the 629-TEU Guang Ping on
      118 words
    • 17 38 PLACE YOUR AD HERE I CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIMES adv
      17 words

  • Page 39 Advertisements
    • 664 39 NOTICE TO SHAREHOLDERS IN THE UBS (LUX) KEY SELECTION SICAV ABSOLUTE RETURN PLUS (EUR) UBS (LUX) KEY SELECTION SICAV ABSOLUTE RETURN PLUS (USD) Sub-funds under the UBS (Lux) Key Selection SICAV Investment Company with Variable Capital (Societe d'lnvestissement a Capital Variable) 33A avenue J.F. Kennedy, B.P. 91, L-2010 Luxembourg R.C.S.
      664 words

  • executive Money
    • 816 40  -  Clients should demand disclosure of all fees and charges, reports GENEVIEVE CUA GENEVIEVE CUA A STUDY by a European portal for private clients has lifted the veil on the hidden costs of private banking accounts, the magnitude of which can be startling. While the
      Source: info@myprivatebanking.com  -  816 words
    • 446 40  -  By GENEVIEVE CUA RATHER than fret about asset allocation and how often shifts should be made, UBS chief investment officer Christoph Schenk believes that the strategic discussion with clients should centre around their risk capacity. “(Investment) strategy is based on the risk
      446 words
    • 794 40 AP [NEW YORK] Short sellers profit by finding stocks or other securities that will underperform the market. But how do the short sellers accomplish this? A new study provides some answers. Short selling borrowing shares and selling them, intending
      AP  -  794 words
    • 1311 39  -  But manager selection remains crucial in these volatile times MONEY MATTERS MUSTAFA JAMA The writer is chief information officer, Morgan Stanley Alternative Investment Partners Fund of Hedge Funds WHILE hedge funds globally and in Asia suffered from redemptions and the collapse in markets in
      1,311 words
  • Page 40 Advertisements
    • 242 40 XBRL Reporting from $180* www.xbrl-filing.com.sg Whether you are looking for real value or speed, you can now have your XBRL report for as low as $180* or obtain your report in as short as 2 hours*. Our enhanced tool has enabled us to pass on immense savings, so avail yourself
      242 words