The Business Times, 8 April 2010

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Microfilm: NL30641
Total Pages: 48
1 48 The Business Times
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  • Title Section
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    22 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, April 8,2010
    22 words
  • Article, Illustration
    Lock icon POSB takes baby steps to win back customers
    788 1  -  It is going back to its roots and reaching out again to newborns and baby boomers By SIOW LI SEN [SINGAPORE] DBS Group Holdings will be rolling out baby accounts. Through its POSB brand, it has tied up with nine Singapore hospitals
    FILE PHOTO  -  788 words
  • Article
    Lock icon COE premiums rise, dealers grit teeth
    529 1  -  Open category at 11-year high as fallout from reduced quotas kicks in By SAMUEL EE [SINGAPORE] There was no panic just pain say some motor distributors in describing the bidding action during yesterday’s COE tender, the first to feature a new and sharply reduced
    529 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 ST INDEX 2,988.10 (+12.59) ST INDEX FUTURES 2,972.00 (+13.00) SIMSCI 353.37 (+0.86) SIMSCI FUTURES 350.70 (+0.70) FOREX US$ S$ US$ (S$ per US$) 1.396 (US$/S$ per 1.526 2.130 EURO (US$/S$/E) 1.339 1.869 Foreign currency per US$ S$ YEN 93.90 67.20 RM 3.214 2.302 HK$ 7.764 5.560 BAHT 32.36
    141 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Historic Raffles Hotel set to switch hands
      469 2  -  This would be part of deal that sees Qatar fund buy 40% of Fairmont Raffles By UMA SHANKARI [SINGAPORE] Sources say the Raffles Hotel is likely to change hands for the third time in seven years after shareholding changes at current owner Fairmont
      FILE PHOTO  -  469 words
    • Article
      Lock icon Facebook opens new chapter in Singapore
      354 2  -  Social media giant to set up office in CBD soon By JOYCE HOOI [SINGAPORE] Singapore’s most-visited website which has made itself a permanent home on many browsers here may soon have a permanent address in the Central Business District. Facebook’s local office is taking
      354 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon POSB moves to win back customers
        71 2 DBS Group Holdings will be rolling out baby accounts. Through its POSB brand, it has tied up with nine Singapore hospitals to present a package of goodies to mothers and their newborns. To be launched next month, POSB’s latest campaign hopes to recover some
        71 words
      • Article
        Lock icon COE premiums rise, dealers grit teeth
        53 2 THERE was no panic just pain say some motor distributors in describing the bidding action during yesterday’s COE tender, the first to feature a new and sharply reduced quota. As expected, premiums for the smaller supply of certificates of entitlement climbed strongly across the
        53 words
      • Article
        Lock icon Raffles Hotel set to switch hands
        80 2 SOURCES say the Raffles Hotel is likely to change hands for the third time in seven years after shareholding changes at current owner Fairmont Raffles. Toronto-based luxury hotel chain Fairmont Raffles said on Monday that Qatar’s sovereign wealth fund Qatari Diar has acquired a
        80 words
      • Article
        Lock icon China Minzhong launches IPO
        44 2 SINGAPORE’S first initial public offering linked to the Government of Singapore Investment Corporation has launched its $237 million offer. China Minzhong, a well-known vegetable producer and processor in China, priced its offer shares at $1.20 apiece. COMPANY NEWS, PAGE 5
        44 words
      • Article
        Lock icon Sino-Env seeks to postpone repayment
        55 2 SINO-ENVIRONMENT Technology Group is looking to postpone repayment to its bondholders until it firms up a consensual restructuring of its debt obligations. The troubled S-chip said this in a regulatory filing yesterday to announce the appointment of two advisers as part of its debt restructuring
        55 words
      • Article
        Lock icon East Asia set to keep up strong growth
        69 2 EAST Asia can grow rapidly in the medium-term even if the rest of the world is growing slowly. According to the World Bank’s latest East Asia Pacific Economic Update, delivered yesterday, the region, which has led the world’s recovery from the global
        69 words
      • Article
        Lock icon Indian telcos scramble for 3G spectrum
        73 2 INDIA’S mobile firms will be bidding billions of dollars in an auction this week to provide superfast third generation service in the country’s booming cellular market. The government is hoping to reap around US$8 billion from the sale of 3G airwaves, which begins tomorrow,
        73 words
    • Article, Illustration
      Lock icon Bangkok in state of emergency after Parliament breach
      728 4 Reuters [BANGKOK] Thailand declared a state of emergency in the capital yesterday after protesters stormed the grounds of Parliament, forcing government ministers to flee by helicopter and raising pressure for snap elections. The red-shirted supporters of ousted premier Thaksin Shinawatra retreated from
      Reuters; AP  -  728 words
    • Article
      Lock icon OCBC breached duty to advise, Soh tells court
      579 4  -  He denies being in financial difficulty when the takeover offer was made By CHEW XIANG [SINGAPORE] Investor Anthony Soh yesterday said serious breaches on the part of OCBC Bank were behind the botched takeover bid for Singapore-listed Jade Technologies in April 2008
      579 words
    • Article
      Lock icon Jokes apart, the battle rages on
      654 4  -  Macarthur rejects revised bid, Peabody still won’t give in By ANGELA TAN [SINGAPORE] The billiondollar takeover tussle between Singapore-listed Noble Group and US coal producer Peabody Energy for Australia’s Macarthur Coal is among the biggest in Australia so far this year but Noble’s quirky
      654 words
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      676 2 a a I DEBAO PROPERTY DEVELOPMENT LTD. s m m r n m n| (Incorporated in Singapore on 16 August 2007) (Company Registration Number: *****5053Z) ■^J 7Z =3 =3 INITIAL PUBLIC OFFERING IPO closes 8 April 2010 at 12.00 noon Jiangnan Mingju'PhS^^SJ Waterfront Villas, Shanshui Longpan INVESTMENT MERITS An award-winning
      676 words
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      243 3 V A B V V k. W K. v. tj i M D > ;i i 4 (F X X 1 r i! > r s V •v District 11 Square 2 Novena MRT lV r si SJI Junior Sen Thomson Rd 1 j United Square i m i r
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      254 4 N r~< RANG MAHAL PRESENTS LIBERATION OF INDIAN CUISINE By Celebrity Chef Vivek Singh 13 to 18 April 2010 at Rang Mahal Chef Vivek Singh, owner of the reputable Cinnamon Club in London will delight connoisseurs this World Gourmet Summit with his delectable 5 and 7-course menus for lunch and
      254 words
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      45 4 Hong Kong Land Property Marketing OPPORTUNITY Hong Kong Land Property Company looking for a marketing partner to expand into Singapore, Indonesia and Australia. Established Asset Management or Financial Company preferred. Email us at hongkong@sanbc.com or call +65 9060 5591 Strategic Assets Business Consultancy Pte Ltd
      45 words
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  • COMPANY NEWS
    • Article
      Lock icon GIC-linked China Minzhong launches IPO
      746 5  -  $237m size makes it the largest Chinese IPO in S’pore since global financial crisis NEW LISTINGS By LYNETTE KHOO SINGAPORE’S first initial public offering linked to the Government of Singapore Investment Corporation (GIC) has launched its $237 million offer. China Minzhong, a well-known vegetable producer
      746 words
    • Article
      Lock icon Builder Tiong Seng to raise $48m on SGX
      539 5  -  It will issue 189m shares at 28 cents each in IPO By JASLENE PANG BESIDES China Minzhong Food Corporation, construction group and property developer Tiong Seng Holdings too is heading for a Singapore Exchange mainboard listing. Singapore-based Tiong Seng yesterday launched its
      539 words
    • Article, Illustration
      Lock icon Bernanke Put to keep Wall St going
      829 6  -  HOCK LOCK SIEW By R SIVANITHY AFTER a few wobbles earlier this year, it looks very much like Wall Street has regained its footing the Dow Jones Industrial Average is up 6 per cent for the year and on the brink of breaking
      AP  -  829 words
    • Article
      Lock icon Sino-Env seeks to postpone payment to bondholders
      297 6  -  By JAMIE LEE SINO-ENVIRONMENT Technology Group is looking to postpone repayment to its bondholders until it firms up a consensual restructuring of its debt obligations. The troubled S-chip said this in a regulatory filing yesterday to announce the appointment of two advisers as
      297 words
    • Article
      Lock icon PICTET FUNDS
      366 6 PF LUX) Abs. Ret. Gib Conservative-P cap 01.04.2010 EUR 98,11 PF LUX) Abs. Ret. Gib Diversified-P cap 01.04.2010 EUR 109,21 PF LUX) Asian Equities (Ex-Japan)-P cap 01.04.2010 USD 168,03 PF LUX) Asian Local Currency Debt-P cap 01.04.2010 USD 131,27 PF LUX) Biotech-P cap 01.04.2010 USD 300,32 PF LUX)
      366 words
    • Article
      Lock icon Optimism of top Asian companies at post-crisis high
      457 11 Reuters [SEOUL/SINGAPORE] Asia’s top companies are at their most optimistic since the global financial crisis nearly two years ago, with a steady recovery in economies and financial markets lifting the fortunes of firms across sectors. A Reuters study of 100 leading Asian
      Reuters  -  457 words
    • Article, Illustration
      Lock icon Parkway Life Reit a model for India’s Fortis: analyst
      654 11  -  2 ways to ride on India market: replicate Reit or pump in properties By CHEN HUIFEN EVEN as Fortis Healthcare and Parkway Holdings are pondering over the possible synergies that the healthcare partners can leverage on from their new relationship, one
      654 words
    • Article
      Lock icon MF Global now SGX securities trading member
      334 12  -  Move follows Goldman Sachs Futures’ admission last month By JOYCE HOOI MF GLOBAL Singapore has been admitted as a trading member of the Singapore Exchange (SGX) securities market. It is already a trading and clearing member of SGX’s derivatives market. “We welcome MF
      334 words
    • Article, Illustration
      Lock icon Keeping Treasures safe
      410 12  -  By ARTHUR LEE EAST Coast Road is well known for good food. And one famous mee-pok stall in Siglap has been known to keep customers waiting for 45 minutes. But tucked away discreetly opposite is a premium safe deposit centre for DBS Treasures members. Occupying two levels,
      ARTHUR LEE  -  410 words
    • Article
      Lock icon Cerebos going into Indonesia in a big way
      230 12 CEREBOS Pacific Ltd yesterday reiterated the group’s intention to become the largest health supplements and food company in Asia Pacific by opening its new office in Indonesia. The company, with Brand’s Essence of Chicken as its flagship product, said it has laid
      230 words
    • COMPANY BRIEFS
      • Article
        Lock icon CSE Global group bags $78m of contracts
        120 12 CSE Global said its various subsidiaries have recently clinched contracts worth a total of $78 million in the UK, Algeria and Russia. The first contract involves an extension of an on-going contract to deliver community, mental health and child health systems to London
        120 words
      • Article
        Lock icon Tee unit buys Bangkok plot for 151m baht
        107 12 TEE International has announced that Chewathai Ltd, which is 49 per cent-owned by wholly held Trans Equatorial Engineering Pte Ltd, has acquired a 6,312 sq m plot of land at Ramkhamhaeng Road in Bangkok, Thailand, for 151.65 million Thai baht or about
        107 words
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      21 5 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email noticesd>sph.com.sg.
      21 words
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      52 5 PEMBREY Unlined, Leather Sole NEW OPENING SHOP 2-8, LEVEL 2, ION ORCHARD +65 6238 1089 Hong Kong Shop 353, Level 3, Pacific Place Shop G27, Ground Floor, Prince's Building Shop 2088A, 2/F, Elements London 108-110 Jermyn Street Paris 229, rue Saint Honore New York 689 Madison Avenue Geneve 59, rue
      52 words
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      Lock icon Page 6 Advertisements Column 1
      302 6 www.idem-singapore.com M SINGAPORE THE BUSINESS OF DENTISTRY INTERNATIONAL DENTAL EXHIBITION AND MEETING April 15-18, 2010 Suntec Singapore International Convention Exhibition Centre m i. \A v vVs r A Global Showcase of the Latest in Dentistry Let's Talk Business The Trade Fair connects you to over 350 international exhibitors from more
      302 words
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      403 7 i 'i&t iam M u 0 !<;•*«! -on^ ■r* w "V; B03 K -Pmm K 0 n pi ■»> s fll*» Research for Business EDHEC Risk Institute—Asia In 2001, EDHEC Business School, holder of the triple crown of international accreditations (AACSB, EQUIS, Association of MBAs) and one of Europe's leading
      403 words
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      2430 8 0 CHINA PAPER HOLDINGS LIMITED (Incorporated in Bermuda on 5 March 2004) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of China Paper Holdings Limited ("Company") will be held at RELC International Hotel, Chancery Room (503), 30 Orange Grove Road, Singapore *****2 on Friday,
      2,430 words
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      3323 8 SINWA SINWA LIMITED (Registration No: *****6542H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Sinwa Limited ("the Company") will be held at 28 Joo Koon Circle, Singapore *****7 on Friday, 23 April 2010 at 10.30 a.m. for the following purposes: AS ORDINARY BUSINESS
      3,323 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI within striking distance of 3,000
      603 9  -  It moves to intraday high of 2,996 but turns hesitant on weak Europe opening; small punters zero in on contra playing STOCKS R SIVANITHY Senior Correspondent RISES in two Jardine stocks to record highs yesterday helped lift the Straits Times Index 12.59 points to
      Source: Bloomberg  -  603 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 9 Apr 7 VALUE CLOSE BT OB/OS 677.00 +26.0 BT CADI -*****.00 +110.0 BT 10-day MA -*****.00 +67.00 FTSE ST Mid Cap 716.06 +2.40 FTSE ST Small Cap 589.13 +8.12 FTSE ST All Share 738.29 +3.46 FTSE ST China Top 297.44 +0.57 FTSE ST China 314.71 +0.57 FTSE
      66 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 9 VOLUME GMG Global 284,064,000 UniFiber 139,103,000 Advanced System 132,490,000 Golden Agri 84,421,000 UPP 80,873,000 Genting SP 76,013,000 China Hongxing 73,919,000 Cosco Corp 70,704,000 Sapphire 62,203,000 Bio-Treat 53,705,000 VALUE($) Cosco Corp 100,729,080 DBS Grp 100,339,596 Olam 86,473,410 Wilmar 81,427,950 Genting SP 69,370,750 Noble Grp 65,214,870 GMG Global 63,791,285
      58 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 9 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 6 8 0 0 0 3 6 8 Manufacturing 92 50 69 7 6 15 99 56 84 Commerce 29 15 24 5 0 6 34 15 30 Tpt/Stor/Comms 19 14 12
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon Noble Group
        662 9  -  Compiled by JAMIE LEE Group April 7 close: $3.24 CIMB-GK SECURITIES, April 7 FOLLOWING Macarthur’s rejection of Peabody’s initial A$13/share bid, a sharp response from Noble and Noble’s A$12.60/share bid for Gloucester, Peabody has raised its bid for Macarthur to A$14/share, no longer conditional on the commitment of
        662 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 9 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 28,307 28,307 67,557 67,557 Manufacturing 787,774 208,703 996,477 374,309 4,236 378,545 Commerce 235,376 26,383 261,759 247,011 7,727 254,738 Tpt/Stor/Comms 166,859 1,468 168,327 257,579 231 257,809 Finance 55,728 120 55,848 217,837 12 217,849 Construction 269,617 108,726
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      110 9 Stock name Close Change Stock name Close Change CapMallsAsia 2.280 CapitaLand 4.060 +0.010 CapitaMall 1.800 -0.010 CityDev 11.400 +0.400 ComfortDelGro 1.550 -0.020 DBS Grp 14.720 +0.040 F&N 4.970 -0.050 Genting SP 0.900 -0.015 Golden Agri 0.615 -0.005 HK Land 5.130 -0.010 JMH 36.480 +0.980 JSH 21.300
      110 words
    • Article
      Lock icon Uncertainty over Greece hits jittery euro
      481 9 CURRENCIES Reuters [NEW YORK] The euro dropped against the dollar yesterday to its lowest in more than a week on renewed concerns over Greece’s ability to tackle its debt crisis. Sterling fell after weaker-than-ex-pected data on the UK’s dominant services sector, while the Australian
      Reuters  -  481 words
    • Article
      Lock icon RISES
      106 9 BY CENTS CLOSE UP GLD 10US$ ***** 142.4 0.9 JSH 2130 139.6 4.9 JMH 3648 136.8 2.8 OUE 1346 106.0 8.5 DBXT Nifty 10US$ ***** 86.6 0.5 CityDev.ES.1004 1136 72.0 6.8 DBXT FTChina25 10US$ 3134 68.4 1.6 DairyFarm 710 41.9 4.4 CityDev 1140 40.0 3.6 DBXT MSAsExJp 10US$ 2954
      106 words
    • Article
      Lock icon FALLS
      124 9 BY CENTS CLOSE DOWN OCC 3.93% NCPS10 8660 -40.0 -0.5 Elec Eltek 215 -39.1 -11.5 Jardine C&C 3192 -38.0 -1.2 IS MSCI India 100 734 -15.4 -1.5 DBXT S&P Short 10US$ 5034 -12.6 -0.2 OCBC Bk 5.1%NCPS 100 ***** -8.0 -0.1 Keppel Corp 948 -7.0 -0.7 HL Asia 466
      124 words
    • Article
      Lock icon CURRENCIES
      87 9 Where S$ stands Apr 7 CHNG YR 2010 CLOSE FR Apr 6 S$ LOW S$ HIGH US$ 1.3960 0.09 1.4219 1.3914 Euro 1.8669 0.39 2.0153 1.8669@ Pounds 2.1208 -0.18 2.2831 2.0845 A$ 1.2930 -0.09 1.2930# 1.2276 Yen* 1.4861 0.18 1.5927 1.4799 Rupiah* 0.***** 0.09 0.***** 0.***** Baht* 4.3193 -0.04
      87 words
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      536 10 CHINA'S LEADING INTEGRATED VEGETABLES PROCESSOR Since 1971 CHINA MINZHONG FOOD CORPORATION LIMITED (Incorporated in Singapore on 9 March 2004, Company Registration No: *****2715N) ■3% rp*S a» v fujian Minzhong Organic Food CO. .LTD. *-r V'.' 1 V, A >_ .Scom su** cV os^ r> We believe we are a leading
      536 words
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      72 11 GCB Land Mt Echo Park Land Size 16,826 sqft Ideal for rebuild Vacant Possession Quiet ambience North/East facing Appointed Sole Agent Citiprop Pacific KC Ng 9853 1001 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY KAREENA AS MARILYN Movie director keen to see her play the blonde bombshell a What are
      72 words
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      26 11 GCB Land Swettenham Road Land Size 25,800 sqft Ideal for rebuild Vacant Possession Privacy Elevated land Lush greenery Appointed Sole Agent Citiprop Pacific Juliet 9230 1725
      26 words
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      41 11 X X takashimaya s.c, ngee ann city, paragon www.dunhill.com 6734 81 26 the alfred dunhill classic watch, made with a high precision swiss mechanical movement from Jaeger-LeCoultre. understated elegance is ensured by the 38mm case diameter and simple guilloche dial. LONDON
      41 words
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      180 12 FREEHOLD LAND <S) 21 KIM KEAT ROAD Toa Payoh MRT/HDB Hub LORAMPAS o ft; LU 2 LLI < SUBJECT* o =1 SITE BALESTIER RD Novena MRT Square Velocity MOULMEIN RD SJI Junior Land area 3,023.4 sq m (32,544 sq ft) Dual frontage via Kim Keat Rd Lor Ampas Residential plot
      180 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Pfizer to conduct more clinical trials
      354 13  -  Pharmaceutical firm creating medication tailored to the Asian market By NISHA RAMCHANDANI PFIZER expects to boost the number of clinical trials conducted this year in its clinical research unit here in Singapore, as it continues to ramp up its research and development efforts in
      354 words
    • Article, Illustration
      Lock icon The 2 key criteria of E&Y awards this year
      358 13  -  By TEH SHI NING THE search for outstanding Singapore entrepreneurs has begun again, with nominations for the ninth annual Ernst Young (E&Y) Entrepreneur Of The Year Awards launched last night. Innovation and global impact are the two standout criteria among the
      358 words
    • Article
      Lock icon Working with older people? No problem
      597 14  -  Chee Hean highlights survey’s findings; stresses virtues of fair employment practices Reports by CHUANG PECK MING MOST workers don’t mind working with older people, and they agree that diversity is good for business, according to a survey initiated by the Tripartite Alliance for Fair
      597 words
    • Article
      Lock icon Fair employment? Maybe four heads are better than three
      448 14 QUADPARTISM? We’ve already got tripartism: cooperation between the government, employers and workers. But now comes the suggestion that consumers also be roped into the push for fair employment practices. Members of a panel of government, employer and worker representatives at a
      448 words
    • Article
      Lock icon Companies keener to rehire older workers now: survey
      306 14 COMPANIES polled in a sixmonth study ending January this year have shown “encouraging response” in rehiring mature and older workers aged 62 and above. So what carrots would they dangle before these workers to get them back to work? The poll of
      306 words
    • Article
      Lock icon WDA, SIM, Warwick to offer new engg training
      198 14 MANUFACTURING companies can look forward to new engineering training programmes aimed at boosting productivity. The Workforce Development Agency (WDA), Singapore Institute of Management (SIM) and the University of Warwick are collaborating to offer the programmes for manufacturing professionals, managers, executives and technicians.
      198 words
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      4000 13 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg f J MegaChem MEGACHEM LIMITED (Company Registration No. *****3293M) (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 132 Pioneer Road, Singapore *****8 on 23
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  • Page 14 Advertisements
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      160 14 BL STEA^KHO'US-E The Air-flown USDA Beef MIfe I mm Ef- B^aBaiae ii I I i j if ft-J? 1 u w<n. u E 6 Institue of We Are Policy Studies Here Evans Lodge rS&awawST Sun to Fri 12.00 noon to 3.00pm 6.00pm to 11.00pm Sat 6.00pm to 11.00pm Reservations Call:
      160 words
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      367 14 AMA American Management Association Enabling People to Develop and Execute Global Strategy > •v ;fi Success CAN Be Predicted! All organizations face the same people issues: How do we make sure we hire the right people for our needs? How do we put the right people in the right positions
      367 words
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  • BUILDING RESILIENT BUSINESSES
    • Article, Illustration
      Lock icon Are family businesses bad news?
      1557 15  -  MICHELLE QUAH looks at the ownership structure of Asian companies and how it affects corporate governance MICHELLE QUAH FAMILY-OWNED businesses in which one or more members of a family have a significant ownership interest are the norm in many parts of the world, but more
      STOCKXCHNG  -  1,557 words
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      219 15 CPA Forum 2010 Building resilient businesses with good corporate governance 52 Strategic partners: THE BUSINESS TIMES A publication of s£i Corporate Governance Financial Reporting Centre 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
      219 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon East Asia set to keep up strong growth rate
      961 16  -  But region will need to resume structural reforms: World Bank report By MALMINDERJIT SINGH EAST Asia can grow rapidly in the medium-term even if the rest of the world is growing slowly. According to the World Bank’s latest East Asia Pacific
      AFP  -  961 words
    • Article
      Lock icon Bank of Japan keeps key lending rate at 0.1 %
      436 16 Bank of Japan keeps key lending rate at 0.1 AFP [TOKYO] Japan’s central bank kept its key lending rate unchanged at 0.1 per cent yesterday and signalled that a recovery in the world’s No 2 economy is on track despite the “critical challenge” of deflation. But while strengthening overseas markets
      AFP  -  436 words
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      3372 16 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ffi 4S m s] LIANG HUAT ALUMINIUM LIMITED (Go. Reg. No. *****3779D) (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 Blk 8,1 st Floor
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      1045 17 HATS NOTICES IT Toll free: 1800-289-8822 Email: notices@sph.com.sg In the Matter of The Companies Act, Cap. 50 and In the Matter of ASIA REAL CAPITAL PTE. LTD. (In Members' Voluntary Liquidation) (Company Registration No. *****8659C) On 31st March 2010, the Resolutions set out below were duly passed at the Extraordinary
      1,045 words
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      2057 17 RICKMERS MARITIME (A business trust constituted under the laws of the Republic of Singapore) Trustee Manager Rickmers Trust Management Pte. Ltd. NOTICE OF ANNUAL GENERAL MEETING OF THE UNITHOLDERS NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Unitholders of Rickmers Maritime (the "Trust") will be held at
      2,057 words
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      2559 17 7 EG FALCON ENERGY GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3817G) NOTICE OF THE SIXTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixth Annual General Meeting of the Company will be held at 108 Robinson Road, Level 11, Singapore *****0 on Friday, 23
      2,559 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Business as usual for most despite earthquake
      129 18 Reuters [JAKARTA] A paramedic tending to an injured child after yesterday’s earthquake hit Sinabang. Indonesia’s Arun liquefied natural gas plant in Aceh and palm oil and rubber shipments from a key port in Sumatra province were operating normally after the 7.7-magnitude earthquake struck
      Reuters; REUTERS  -  129 words
    • Article
      Lock icon Pos Malaysia shares jump on tariff hike
      444 18  -  Firm’s EPS for next financial year estimated to increase by 168% By S JAYASANKARAN SHARES in Pos Malaysia, the state-owned mail operator, leaped 13 per cent to RM3.23 each after the firm announced it was increasing tariff rates by between 75 and 100
      444 words
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      1963 18 /\r\i~r/\c= ALANTAC TECHNOLOGY LTD. (Company Registration No. *****1749E) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Alantac Technology Ltd. ("the Company") will be held at 44 Changi South Street 1, Singapore *****2 on Friday, 30 April 2010
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      2174 18 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES SINOBEST TECHNOLOGY HOLDINGS LTD Company Registration No. ***** (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at The Gallery, Level 4, Paramount Hotel, 25 Marine Parade, Singapore *****6
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  • INDIA
    • Article, Illustration
      Lock icon Indian telcos scramble to bid for 3G spectrum
      539 19 Auction seen reaping US$8b for govt; sale of broadband wireless spectrum to follow AFP [NEW DELHI] India’s mobile firms will be bidding billions of dollars in an auction this week to provide superfast third generation (3G) service in the country’s booming cellular
      AFP; REUTERS  -  539 words
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      4133 19 MATS NOTICES •SELL IT-FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg /T LIMITED (Company Registration No.: *****0498M) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 40 th Annual General Meeting of the Shareholders of CWT Limited (the "COMPANY") will be held at
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China hints at readiness to let yuan appreciate again
      996 20 Currency issue likely to top Geithner’s agenda during talks in Beijing today Reuters [BEIJING] US Treasury Secretary Timothy Geithner will hold talks in Beijing today against a background of fresh signals from Chinese policymakers that they might be paving the way
      Reuters  -  996 words
    • Article
      Lock icon China may adopt S’pore-style forex regime: official
      391 20 Reuters [BEIJING] China is likely to make the yuan more flexible over time by adopting a currency regime similar to that of Singapore to help deter speculation, a senior government economist said here yesterday. “Regardless of how much pressure the United States puts
      Reuters  -  391 words
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      1221 20 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg DEVOTION ENERGY GROUP LIMITED DEVOTION ENERGY GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****8977M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Aerides 2, Level 1,
      1,221 words
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      1214 20 DEVOTION ENERGY GROUP LIMITED DEVOTION ENERGY GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****8977M) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Aerides 2, Level 1, Copthorne Orchid Hotel, 214 Dunearn Road, Singapore
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon HK bourse woos S American, African firms
      354 21 AFP Reuters [HONG KONG] Hong Kong is looking to attract South American and African companies to list in its bourse as part of its plan to turn the city into an international stock flotation hub, a report said on Monday. A Brazilian resource
      AFP; Reuters  -  354 words
    • Article
      Lock icon Zero fees have bankers rely on private share sales
      824 21 More than half of sales in the last quarter were by state-owned firms Bloomberg [MUMBAI] India’s best quarter for stock sales in at least six years was accompanied by a slump in fees as investment banks competed to take state-owned companies
      Bloomberg  -  824 words
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      266 21 Mm NANYANG TECHNOLOGICAL UNIVERSITY Nanyang Business School YOU WANT AN EMBA TO PUT YOU AHEAD. Get one that is a cut above the rest •n •V Q s NANYANG EXECUTIVE MBA Global Leadership for the Asian Century The Business School's flagship MBA programme is #27 in the Financial Times 2010
      266 words
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      1912 21 tCHINA \ft2TAISAN CHINA TAISAN TECHNOLOGY GROUP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****1863D) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of China Taisan Technology Group Holdings Limited will be held at Orchid Country Club, Emerald Suite, Golf Clubhouse
      1,912 words
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      2964 22 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg CATS Recruit The first step on your ladder to success CLA/AUG06/g adroit ADROIT INNOVATIONS LIMITED Company Registration No.: *****2554G NOTICE IS HEREBY GIVEN THAT the Seventeenth Annual General Meeting of the Company will be held at Level 2 Room Nautica 1, Republic of
      2,964 words
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      2227 23 HATS NOTICES IT Toll free: 1800-289-8822 Email: notices@sph.com.sg ISETAN (SINGAPORE) LIMITED Company Registration No. *****1177H (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 39th Annual General Meeting of the Company will be held at the Changi Rooms, Holiday Inn Atrium Singapore,
      2,227 words
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      3259 23 MediaRing Ltd. (COMPANY REGISTRATION NO. *****4568R) (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MediaRing Ltd. (the "Company") will be held at NTUC Centre, 1 Marina Boulevard, NTUC Auditorium Level 7, Singapore *****9 on Friday, 30 April
      3,259 words
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      77 23 NOTICE I, Douglas Richard Fyvie Crichton, bachelor, of Flat 4L, Still Mansion, 2 4 Still Road, Singapore *****0 intend to marry Dyah Ayu Retnaningtyas, single, of Flat 4L, Still Mansion, 2 4 Still Road, Singapore *****0 at Jalan Baruk Barat VII, No.16 Pondok Nirwana, Surabaya on the 5 th June
      77 words
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  • Page 24 Advertisements
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      406 24 s J.f m w mm m ii^i£i33B *wm L_: 4 jn4 aniifij ijjg" .J.—; itf uinsi -i |S": HI HP S>Sg&Si /.r i s 'VH* «^{A aw? >c M ammfr 1 A.5. V SS^ Ir S m y w SP* M./iw >*2* -?T- SINGAPORE r SENTOSA COVE THE RESIDENCES E
      406 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Greenspan says Fed’s low rates did not cause crisis
      646 25 But drive to package mortgage loans into opaque securities contributed Reuters AP [WASHINGTON] Making it easier for poorer Americans to get mortgages didn’t push the country into crisis but Wall Street’s drive to package the loans into opaque securities helped to
      Reuters; AP  -  646 words
    • Article
      Lock icon NAB ‘confident’ of getting regulator’s nod for AXA bid
      412 25 Competition watchdog to rule on NAB’s offer and rival bid from AMP on April 22 Reuters [MELBOURNE] National Australia Bank (NAB) said it is confident of winning the competition watchdog’s approval for a US$12.8 billion bid for AXA Asia Pacific but
      Reuters  -  412 words
    • Article, Illustration
      Lock icon PM Lee in Hanoi today for Asean Summit
      316 25  -  By LEE U-WEN SINGAPORE Prime Minister Lee Hsien Loong will arrive in the Vietnamese capital this afternoon to attend the 16th Asean Summit his second trip to Hanoi this year after a four-day official visit there in January. He will join nine
      FILE PHOTO  -  316 words
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      319 25 SilkAir extends Bangalore ChennaijP From From $498 $448 return all-inclusive return all-inclusive la ■rffiXp Ml ovou 'J n SilkAir's Services to Bangalore, India (From 17 May 2010) Flight Day Routing Departs* Arrives MI428 MI427 Daily Daily Singapore to Bangalore Bangalore to Singapore 2250 0130 0045 1 0835 SilkAir's Services to
      319 words
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  • WORLD
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      Lock icon Woods’ financial losses may be shortlived
      775 26 Reuters [CHICAGO] Tiger Woods may have lost up to US$35 million in sponsorship deals after his extra-mari-tal affairs came to light but any financial pain may be short-lived as the the world No 1 returns to prominence on the golf course. Woods’s return today
      Reuters  -  775 words
    • Article
      Lock icon IMF experts on advisory mission in Athens
      584 26 Advisers hold talks with minister amid tension in financial markets AFP [ATHENS] International Monetary Fund advisers began talks here yesterday to help Greece enact huge budget cutbacks just as the climate around its debt crisis worsened, driving the euro down further. The advisers
      AFP  -  584 words
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      Lock icon US strikes optimistic note on financial reform bill
      546 27 It could be ready for president to sign in August: White House aide Volcker Reuters [NEW YORK] The chances of enacting financial reform this year are getting better and should include some type of ban on proprietary trading by banks, White House
      Reuters; REUTERS  -  546 words
    • Article
      Lock icon Geithner urges Europe to treat US funds equally
      384 27 Call for access to EU single market under proposed new rules Reuters [WASHINGTON] US Treasury Secretary Timothy Geithner has urged his counterparts in key European capitals to prevent Europe from discriminating against US fund managers in the course of setting new rules
      Reuters  -  384 words
    • Article, Illustration
      Lock icon Investors unfazed by close-run UK election
      746 28 Analysts cite strong inflows into equities, steady demand for govt bonds Reuters [LONDON] Long-term investors do not appear overly concerned about Britain’s election delivering an inconclusive result despite market wobbles about a “hung parliament”. Analysts who track institutional investor flows report strong inflows into
      Reuters; REUTERS  -  746 words
    • Article
      Lock icon Britain likely to maintain rates at record low
      594 28 BOE policymakers meet as general election looms AFP [LONDON] The Bank of England will likely keep British interest rates at a record low 0.5 per cent today in its final monetary policy meeting before a general election on May 6, analysts said.
      AFP  -  594 words
    • Article, Illustration
      Lock icon US banks’ Q1 results expected to improve
      799 29 But investors looking for signs that banks are gearing up to make money, rather than losing less Reuters [NEW YORK] Citigroup Inc, JPMorgan Chase Co and Bank of America Corp may soon show compelling evidence that they have stopped the bleeding in terms
      Reuters; AP  -  799 words
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      2970 26 [SATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg resources INTERRA RESOURCES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****0166Z) (Australian Registered Body No. 129 575 275) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ("AGM") of Interra Resources Limited (the "Company") will
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      1333 27 WATS NOTICES BUY IT• SELL IT• FIND IT Hyflux Water Trust (a business trust constituted on 16 November 2007 under the laws of Singapore) (Registration Number: *****07) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of Hyflux Water Trust ("HWT") will be held at
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      10 27 CATS Recruit The first step on your ladder to success
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  • Page 28 Advertisements
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      3288 28 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg A SERIAL SYSTEM PTE LTD Wf a] (Incorporated in the Republic of Singapore Company Registration No. *****207ID NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY that the Annual General Meeting of Serial System Ltd (the "Company") will be held at 8 Ubi View
      3,288 words
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      3853 29 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg unidux UNIDUX ELECTRONICS LIMITED (Company Registration No.: *****5231K) (Incorporated in Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Unidux Electronics Limited ("the Company") will be held at 18 Boon Lay Way, #05-133,TradeHub 21,
      3,853 words
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  • FOCUS: BUSINESS OF AGEING
    • Article, Illustration
      Lock icon Pension players see longevity threat
      936 30 Pension funds and insurers in European countries like Britain are trying hard to spread their exposure to the mounting burden of protracted pensions payments Reuters [LONDON] THE ageing of Europe may open opportunities to sell savings products, but it also spells a real threat to
      Reuters; REUTERS  -  936 words
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      2399 30 WATS NOTICES BUY IT• SELL IT-FIND IT YHI INTERNATIONAL LIMITED (Company Registration No: *****7455H) (Incorporated in the Republic of Singapore on 26 August 2000) YHI NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of YHI International Limited (the "Company") will be held at Jurong
      2,399 words
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      1037 30 t£AT3 NOTICES The Straits Trading Company Limited (A member of The Tecity Group) (Company No.: *****0008D) (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of members of The Straits Trading Company Limited will be held at Straits Ballroom, Level 2, Rendezvous
      1,037 words
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      5627 31 HATS NOTICES IT Toll free: 1800-289-8822 Email: notices@sph.com.sg JUKEN Technology JUKEN TECHNOLOGY LIMITED (Company Registration No. *****0539Z) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Juken Technology Limited ("the Company") will be held at 29 Scotts Road,
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  • EDITORIAL & OPINION
    • Article
      Lock icon Towards an optimal healthcare system
      467 32 EDITORIAL THE key to a sustainable healthcare system is to depoliticise healthcare, minimise market distortions and allow the sector to “function as normally as other economic activities”, Health Minister Khaw Boon Wan said last week. And healthcare where perfect information about prices, and even products,
      467 words
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      Lock icon Doing Doha in 2010: Why China should care
      970 32  -  The paralysed round is raising global trade tension, particularly between China and the US By JEAN-PIERRE LEHMANN WE LIVE in very exciting but, equally, very perilous times. This was already the case since the beginning of this millennium, but is even more
      AFP  -  970 words
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      Lock icon Obama’s juggling act on China’s currency
      759 32  -  THE BOTTOM LINE LEON HADAR Washington Correspondent THE decision by the Obama Administration to delay issuing a report that might have identified China as a “currency manipulator” was a smart move. It stems from both geo-strategic considerations the need to co-opt the Chinese into
      759 words
    • Article, Illustration
      Lock icon Preparing for this year’s AGM
      1370 33  -  Company directors need to anticipate the likely questions that shareholders will throw up By MAK KEAT MENG The writer is head of assurance services, Ernst Young LLP THE annual general meeting (AGM) is one of the key events of the corporate governance proce s s.
      ST FILE PHOTO  -  1,370 words
    • Article, Illustration
      Lock icon Worsening delusions of Alan Greenspan
      861 33  -  By CAROLINE BAUM The writer is a Bloomberg News columnist. The opinions expressed are her own Bloomberg IN CASE you missed the first legacy tour, former Federal Reserve chairman Alan Greenspan is back for Part II. Starting with an academic paper presented at the Brookings
      Bloomberg  -  861 words
    • Article
      Lock icon Include a caveat on Insider Trades done
      369 33  -  LETTERS TO THE EDITOR Narayana Narayana FOR years, I have wondered whether your weekly coverage of “Insider Trades” has some significance beyond the statistical record of (some) trades that it really is. I am still baffled. Does a headline proclaiming “Buying by directors
      369 words
    • Article
      Lock icon No sale of Raffles City S’pore
      189 33  -  Ho Mei Peng Head, Investor Relations and Communications CapitaCommercial Trust Management Ltd Lim Seng Jin Head, Corporate Communications and Marketing CapitaMall Trust Management Ltd WE refer to the article “Qatar SWF snaps up top Singapore hotel” (BT, April 7). While the article states that
      189 words
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  • AVIATION
    • Article, Illustration
      Lock icon Fewer bags = big savings, more revenue for airlines
      878 34 Fewer bags big savings, more revenue for airlines Checked luggage fees having a higher-than-expected impact on carriers’ bottom lines NYT [NEW YORK] The airlines first imposed a fee on the second checked bag in 2005. Then they started charging for the first bag. Now, Spirit Airlines says it will charge
      NYT; AP  -  878 words
    • Article
      Lock icon JAL to speed up job cuts for faster recovery
      257 34 AP [TOKYO] Japan Airlines (JAL) is speeding up planned job cuts in an effort to return to profitability and intends to lay off one-third of its workforce this fiscal year instead of over three years as previously announced, the country’s top
      AP  -  257 words
    • Article
      Lock icon iPad easier than laptop on airport screeners’ eyes
      392 34 AP [ATLANTA] Apple’s iPad tablet is friendlier than a traditional laptop when it comes to airport security. The Transportation Security Administration (TSA) said on Tuesday that in general you should not need to remove your iPad from your bag. That’s because it’s
      AP  -  392 words
    • Article
      Lock icon FAA commits funds to O’Hare
      231 34 Reuters [CHICAGO] The US Department of Transportation on Tuesday committed US$410 million towards completing an expansion of Chicago’s O’Hare International Airport. The Federal Aviation Administration (FAA) funds will be used to build two new runways and extend a third for the second phase of the
      Reuters  -  231 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2816 34 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ458 1410 EY473 1950 Adelaide LH9771 1745 LH9770 2350 SQ268 1745 SQ269 2350 9W4081 1820 AF8087 1820 BA7381 1820 JL5084 1820 QF81 1820 Amsterdam LO4031 0605 AZ3993 0025 SQ323 0605 KL836 0025 US5410 0605 KL838 2250 AZ3992
      2,816 words
  • Page 34 Miscellaneous
    • Miscellaneous
      Lock icon Page 34 Miscellaneous Column 1
      351 34 CRYPTIC CROSSWORD Across 1 Talks about Rod’s No.1 in the hit parade (6) 4 Selfish acts making priest go mad (3,5) 10 Two heads meeting for a talk (4-1-4) 11 Old vessel crossing eastern sea (5) 12 I want you to see nothing is being concealed by group (7) 13
      351 words
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  • Page 35 Advertisements
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      2217 35 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. Malaysia, Indonesia Destination DD LEADER
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      Lock icon Page 35 Advertisements Column 2
      1359 35 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:
      1,359 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Drydocks bags over US$200m in new orders
      332 36  -  It wins major conversion and new-building contracts in Q1 By VINCENT WEE [SINGAPORE] Drydocks World South-east Asia (DDWSEA) started the year on a strong note, closing the first quarter with more than US$200 million of new orders. The company clinched two major conversion
      332 words
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      Lock icon Stranded vessel to have oil drained
      535 36 Australia may push ship tracking beyond Great Barrier Reef Reuters [CANBERRA] Australia may expand the tracking of vessels beyond the northern parts of the Great Barrier Reef, Prime Minister Kevin Rudd said, as a salvage crew prepares to drain oil from a Chinese coal
      Reuters; AFP  -  535 words
    • Article
      Lock icon Legal limbo worsening Somalia piracy: Russia
      400 36 Reuters [NEW YORK] Piracy off the coast of Somalia is getting worse, partly due to the legal limbo that has led some countries to release captured suspects, Russia’s UN envoy said on Tuesday. Over the past year and a half, the UN Security Council
      Reuters  -  400 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 36 SGX '000 Apr 7 S$ +/-Vol CH Offshore 0.68 0.01 1034 Chuan Hup Hldgs 0.30 unch 99 Cosco Corp 1.42 0.07 ***** CWT Ltd 1.13 -0.01 1622 Ezra Hldgs 2.53 0.01 6933 First Ship Lease 0.64 0.01 1529 Freight Links 0.05 unch 561 Grand Banks 0.46 -0.01 4
      278 words
  • Page 36 Advertisements
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      571 36 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 JED DAM IST
      571 words
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      Lock icon Page 36 Advertisements Column 2
      338 36 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) SIN PKL JKT KUC SUR BTN GENIUS STAR 46 45 60 08/04 09/04 11/04 13/04 YUSHO CHERRY 22 60 10/04 11/04 13/04 15/04 18/04 SANKO ETERNAL 12 30 11/04 12/04 14/04 16/04 POSITIVE
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      Lock icon Page 36 Advertisements Column 3
      437 36 SINOKOR MERCHANT MARINE CO. LTD FMX (W) FMX (E) Vessel Voy SIN BDN JEA KLF STX PATRAIKOS 001W 15/04 23/04 24/04 26/04 HJ GDYNIA 0009W 22/04 30/04 01/05 03/05 HJ KINGSTON 0013W 29/04 07/05 08/05 10/05 HJ DUESSELDORF 0004W 06/05 14/05 15/05 17/05 Vessel Voy SIN TAO KAN PUS SHA
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9128 37 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 16.5 -0.5 365 17 16.5 16.5 17 1.7 11 5.3 79 10 3.5 5834 A-Sonic 7 -0.5 6
      9,128 words
    • Article
      Lock icon SGX CATALIST
      1740 38 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 5 5.5 30.6 5.3 25 12 8538 t APStrategic 15 -0.5 144 15.5 13 13.5
      1,740 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9341 38 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.26/ APS Alpha Fund (USD)!** 0.91/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.71/ Aberdeen Asset Mgt Asia Limited American Opp 0.6784/ Asian Credit Fund 1.2298/ Asian
      9,341 words
    • Article
      Lock icon SGX ETF
      591 38 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 $mil 112 107 6389 ABF SG Bond ETF 112 109 112 511.3 873 499 CIMBAsean40 100US$ US873 +4 101 873 861 871 876 34.9 303
      591 words
    • Article
      Lock icon CLOB INTERNATIONAL
      263 38 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 $mil 56 26 6000 AVJennings A46.5 -1 11 48 46.5 46.5 48 3.6 7.5 3.7 121.1 31 8 6017 Genting HK US$ US21.5 -0.5 1585
      263 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 39 In local curr In S$ In US$ dy yr dy yr dy yr Apr 6 Index Change Change Change Change Change Change World Index Preliminary 881.0 0.2 5.8 0.0 3.7 0.0 4.2 EAFE Preliminary 826.4 0.3 5.3 0.0 0.8 -0.1 1.3 Europe Preliminary 1178.1 0.5
      365 words
    • Article
      Lock icon INTERBANK RATES
      181 39 Apr 7 Apr $S Offer Bid Overnight 1/16 PAR 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.28 0.22 1 month 0.35 0.25 2 months 0.36 0.26 3 months 0.37 0.27 6 months 0.52 0.42 9 months 0.80 0.60
      181 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 39 Apr 7 S$ Bid Offer 1-month 1.3963 1.3967 2-months 1.3965 1.3969 3-months 1.3967 1.3971 6-months 1.3972 1.3977 Source: OCBC
      22 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 39 Apr 7 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2820 1.3210 Can dollar 1.3850 1.4010 Euro 1.8560 1.8780 NZ dollar 0.9760 0.9980 Sterling pound 2.1140 2.1380 US dollar 1.3870 1.4030 Local dollars to 100 units of foreign
      132 words
    • Article
      Lock icon STOCK INDEX FUTURES
      30 39 Apr 7 Sett Open High Sett STI Apr 2975 2975 2972 SIMSCI Apr 350.2 352.4 350.7 Taiwan Apr 289.2 290.5 289.9 Source: MF Global (S) Pte. Ltd
      30 words
    • Article
      Lock icon PALM OIL
      69 39 Apr 7 Apr KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 10 2575 2572 2580 2569 228 2488 May 10 2545 2550 2553 2540 1711 ***** Jun 10 2540 2539 2545 2530 7458 ***** Jul 10 2527
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      Lock icon SGX DERIVATIVES TRADING
      377 39 Apr 7 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.6350 0 3549 Sep10 99.4500 0 2452 Dec10 99.1350 0 1296 Mar11 98.7550 0 3260 EUROYEN TIBOR FUTURES Jun10 99.6150 99.6150 99.6100 99.6150 210 4289 Sep10 99.6300 99.6300 99.6300 99.6350 20 3769 Dec10 99.6300 99.6300 99.6300
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      Lock icon SICOM FUTURES
      179 39 Apr 7 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 10 380.0 375.0 380.0 85 Jun 10 373.0 373.0 373.0 20 Jul 10 360.0 360.0 360.0 20 Aug 10 348.5 348.5 348.5 20 Sep 10 345.9 345.0 345.5
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      Lock icon GOVERNMENT SECURITIES
      90 39 Apr 7 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****T 08.07.2010 0.35 0.3 0.3 1-Year BY*****N 01.11.2010 0.37 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.01 104.1 104.03 5-Year N*****0N 1.375 01.10.2014 100.59
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      Lock icon CHICAGO BOT
      105 39 Apr 6 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 944.50 936.00 945.00 932.75 Jul 10 953.50 945.25 953.75 942.00 Aug 10 950.25 941.50 949.75 939.50 Sep 10 937.00 928.25 936.75 924.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 39.77 39.35 40.00
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      Lock icon CRUDE OIL & PRODUCTS
      81 39 CRUDE OIL PRODUCTS Apr 6 Apr CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 86.22 0.43 WTI (Near Mth) 86.75 0.01 Dubai (1-Mth F) 83.34 1.07 Tapis blend 88.40 1.25 Minas 87.20 1.25 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 81.11 0.56 Jet Kerosene 94.95 1.95 US$/barrel Opec
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      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2504 39 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2.5 1 15 17 6.00 49 4085 ASJ Hldgs W*****1 4 0.5 45 1 4 23 1.63 22 2036 Advance SCT Ltd W*****9 0.5 1 87
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      Lock icon INTERBANK CROSS RATES
      466 39 Apr 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.926 6.330 0.693 7.201 41.276 83.981 0.871 10.394 2.981 1.315 77.581 41.531 1.295 6.696 0.992 29.280 30.008 0.608 0.927 Canada 1.080 6.835
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      Lock icon SIBOR
      86 39 Apr 7 Apr (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12
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      Lock icon INTERBANK CURRENCY RATES
      155 39 Apr 7 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2946 1.2954 0.9273 0.9276 Canadian dollar 1.3978 1.3986 1.0012 1.0015 Euro 1.8687 1.8695 1.3385 1.3387 NZ dollar 0.9841 0.9858 0.7049 0.7059 Sterling pound 2.1299 2.1311 1.5256
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      Lock icon PRECIOUS METALS
      138 39 Apr 7 GOLD (US$/oz) Apr 06 Apr 07 Hong Kong closed 1133.50 Apr 05 Apr 06 London closed 1137.40 closed 1138.20 Source: Thomson Reuters CAST BAR Apr 07 (S$) Selling Buying Kilobar "54,367.77" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 121.98 51 5gm 345.61 254 10gm 617.39
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      Lock icon LONDON METALS
      71 39 Apr 6 Apr 6 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2334.00 2322.65 3 months 2365.00 2352.00 Copper, Grade A (US$/tonne) Cash 7960.25 7855.00 3 months 7990.00 7885.00 Lead (US$/tonne) Cash 2271.50 2182.25 3 months 2300.00 2210.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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      Lock icon LIFFE
      77 39 Apr 6 COCOA (£/tonne) Close Prev High/Low May 10 2188 2251 2268/2180 Jul 10 2206 2266 2286/2200 Sep 10 2172 2226 2241/2168 Dec 10 2147 2186 2201/2139 COFFEE (US$/tonne) Close Pev High/Low May 10 1363 1356 1374/1354 Jul 10 1397 1389 1407/1387 Sep 10 1431 1424 1437/1427 SUGAR (US
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  • BizIT
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      Lock icon Visa eyes YOG boost for prepaid biz
      670 40  -  It expects its range of Singapore Youth Olympic Games prepaid cards to stoke demand here and across the region, reports ONG BOON KIAT ONG BOON KIAT GLOBAL payments technology firm Visa Inc is banking on its contactless prepaid cards for the Singapore Youth
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    • Article
      Lock icon Murdoch tells news publishers to stand up to Google, Bing
      455 40 Most newspapers will have to put up a pay wall, he says Bloomberg [NEW YORK] Rupert Murdoch, chairman and chief executive officer of News Corp, said newspaper publishers should prevent search engines like Google and Microsoft’s Bing from displaying full
      Bloomberg  -  455 words
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      Lock icon Benioff may unveil new initiatives when he’s in Singapore
      322 41  -  The Salesforce.com chairman/CEO is also expected to speak at an IDA event By WINSTON CHAI SALESFORCE.com’s charismatic chairman and chief executive, Marc Benioff, will be in town on May 24 and is expected to unveil a series of new initiatives for
      BLOOMBERG  -  322 words
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      Lock icon Fujitsu ex-president threatens to sue firm
      215 41 Reuters [TOKYO] Fujitsu Ltd’s former president Kuniaki Nozoe will file suit against the Japanese IT services firm unless its auditors act to resolve his claim that he was improperly forced to resign, his lawyer said yesterday. The stand-off has become an ugly public row
      Reuters  -  215 words
    • Article
      Lock icon AOL to close or sell social networking site Bebo
      296 41 AFP [WASHINGTON] AOL plans to close or sell the social networking website Bebo, which it bought for US$850 million two years ago, according to a memo from management published on Tuesday. “In an annual filing for Bebo we will make tomorrow,
      AFP  -  296 words
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      392 40 Looking for IT Outsourcing? Stone Forest IT (SFIT) is a leading provider of IT Outsourcing Services. Our clients include leading legal firms, SMEs and foreign firms. Our firm's reputation is built on practical advice, proactive client servicing and a proven methodology. We provide businesses with one-stop shop service, from IT
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      21 41 Unlimited Leads For Your Biz? Fri Talk SMU shows you how Visit www.bit.sg/leads or call 9671-7507 Limited seats MapleOne Pte Ltd
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      4818 41 MATS BUY IT-SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SOI13UILD SOILBUILD GROUP HOLDINGS LTD. (Company Registration No. *****9233M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will
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      3810 42 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg 3E GLOBAL INVESTMENTS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2010 Annual General Meeting of the Company will be held at Holiday Inn Singapore Orchard City Centre (formerly known as Holiday Inn Singapore ParkView), Crystal Suite, Level 2,11
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      21 42 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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      410 42 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SMITHKLINE BEECHAM (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) CO. REG. NO. *****3059N NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 150 Beach Road #21-00 Gateway West Singapore *****0 on the
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      1867 43 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg m HOTEL ROYAL LIMITED (Registration No. *****0298G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 41st Annual General Meeting of Hotel Royal Limited will be held at Hotel Royal Queens, Royal Ballroom (Level 3),
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      2470 43 31 1 SBI OFFSHORE LIMITED (Company Registration No.: *****7121D) (Incorporated in the Republic of Singapore on 1 October 1994) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of SBI Offshore Limited (the "Company") will be held at 31 International Business Park, Creative Resource, Seminar
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  • PROPERTY
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      Lock icon NY commercial property sales triple in Q1
      668 44 Office leasing jumps 84% but vacancy rate climbs as new buildings add space Bloomberg [NEW YORK] Manhattan commercial property sales tripled in value in the first quarter from a year earlier as sellers begin to take advantage of rising demand, according to brokerage
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      Lock icon Househunt PROPERTY TRANSACTION FOR DISTRICTS 1 TO 20 WITH CONTRACT DATES BETWEEN MARCH 10 AMD MARCH 16,2010
      1511 44 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 Sail Marina Bay Apt 12/03/2010 99 667 1367 2050 District 2 NON-LANDED Altez
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      Lock icon US retail properties suffer record vacancies
      539 44 Reuters [NEW YORK] Vacancy rates at US shopping centres and malls rose to the highest levels in at least 10 years in the first quarter, accompanied by a drop in rents that wiped out years of growth, research firm Reis Inc said yesterday, adding
      Reuters  -  539 words
    • Article
      Lock icon UBS set to pump money into China housing market
      522 45 It raises US$100m; first investments are likely to be in second-tier markets Reuters [LONDON] UBS Global Asset Management is poised to enter China’s housing market after raising about US$100 million for its 50-50 joint venture with one of China’s biggest developers,
      Reuters  -  522 words
    • Article
      Lock icon Evergrande shares rise 8.5% on higher sales
      259 45 Bloomberg [HONG KONG] Evergrande Real Estate Group Ltd, China’s second-biggest developer by sales, rose 8.5 per cent in Hong Kong yesterday after reporting that first-quarter sales more than doubled. The stock closed at HK$3.59, its highest price since Feb 3. Investors bought the
      Bloomberg  -  259 words
    • Article, Illustration
      Lock icon Space at MBFC Tower 2 almost fully taken
      458 46  -  A small percentage of space is reserved for existing tenants’ expansion By EMILYN YAP MARINA Bay Financial Centre (MBFC) Tower 2 is close to being fully leased, after a new tenant came on board and an existing one took on more space.
      FILE PHOTO  -  458 words
    • Article
      Lock icon HDB clarifies stand on wet market rent hike
      247 46 IN the light of concerns about the recent rent hike at five of Sheng Siong Properties’ wet markets, the Housing Development Board (HDB) has clarified its position on the issue. HDB says the five wet markets in question were purchased by Sheng
      247 words
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      Lock icon URA to launch residential site in Hougang
      307 47  -  Tender for the plot on the reserve list of the H1 2010 GLS programme will be launched in 2 weeks By UMA SHANKARI THE Urban Redevelopment Authority (URA) has accepted an application from a developer to tender a residential site at Hougang Avenue
      307 words
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      45 44 llllpw sshisum r^v™Sil fU WW .\\v. Savills Property Management strategies to protect and enhance your investments W ss Savills has more than 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. Call 6536 5022 /6415 3636. savills savills.com
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      76 45 MARINA BAY RESIDENCES Stack 10 20th fir up $4000 psf •31th fir up $4600 psf 40th fir up $5000 psf Stack 1 20th fir up $3800 psf •31th fir up $4400 psf •40th fir up $4700 psf Duplex Penthse 4500 sqft Ask $5400 psf 9329-9727 Newsman Realty Pte Ltd 3*
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      299 45 EUNOS MRT >° u EAST .C* "fr ELEGANCE SUBJECT SITE AAA A'FLUENCE PROFESSIONALS PTE LTD FOR SALE 3 Adjoining Bungalows JOO CHIAT TERRACE OFF STILL ROAD Residential Zone Plot Ratio 1.4 (Master Plan 2008) Site Area: Approximate 28,031.34 sq. ft. Prime Freehold Residential Site Approximately 600m to Eunos MRT Near
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      478 45 Bossanova Limited SEAFRONT A signature Capitaland Project Units #02-07 and #03-07, Seafront, Meyer Rd. 2,099 Sqft each. Ten minutes drive to CBD. Comparatively (to districts 9 and 10) little traffic in morning. Full spectacular Pool view will see pool like this (except 4th floor). You can talk to your children
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      3417 46 Unrivaled Homes for an -jot* Bungalow in Sentosa Cove Resort bungalow facing the sea 5+1 bedrooms, foreigners eligible Private berth, bright and breezy Land area (approx.): 8,700 sq ft built-up (approx.): 9,000 sq ft Sebastian Yap 9188 9119 The Suites at Central 4 en-suite bedrooms helper room Approx. 2756 sq
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      10 47 CATS Recruit The first step on your ladder to success
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      320 47 ACTUAL PHO > E OF A 2 SQ.FT CORP K Jt 151 h m w. mm ,<!. f; r'l SOHO INSPIRING I PROGRESSIVE CORPORATE OFFICES PRIVATE RESIDENCES COMMERCIAL ESTABLISHMENTS SHOW FLATS CONSERVATION PROJECTS ARCHITECTURE AND INTERIOR 102 AMOY STREET SINGAPORE *****2 t: 6222 3007 f 6224 3007 W WWW.SOhodp.com SOHO
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      128 48 Combinina world! Ernst Young Entrepreneur Of The Year 2010 resoi H in nies uti in ■novati and cr vibran Call for 2010 nominations •II Combining ingenuity and resources, entrepreneurs are building the future. Driven by their passion and unwavering determination to succeed, these unique business leaders have achieved what some
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