The Business Times, 29 April 2010

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Total Pages: 32
1 32 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Thursday, April 29, 2010
    23 words
  • 706 1  -  But CPI could hit 4% by Q4 this year, says MAS in nod to new pressures rising By TEH SHI NING [SINGAPORE] Singapore’s economy has more than regained ground lost in the downturn, with gross domestic product (GDP) now close to 3
    Source: Monetary Authority of Singapore  -  706 words
  • 879 1  -  Developers who snagged en bloc sites earlier have reason to smile By KALPANA RASHIWALA [SINGAPORE] While the market mulls over the impact that rule changes will have on collective sales, the spotlight has fallen on developers sitting on prime sites acquired during the
    FILE PHOTO  -  879 words
  • 141 1 ST INDEX 2,932.04 (-59.64) ST INDEX FUTURES 2,932.00 (-60.00) SIMSCI 347.83 (-7.86) SIMSCI FUTURES 347.60 (-8.30) FOREX US$ S$ US$ (S$ per US$) 1.376 (US$/S$ per 1.522 2.094 EURO (US$/S$/E) 1.318 1.813 Foreign currency per US$ S$ YEN 93.30 67.80 RM 3.212 2.335 HK$ 7.766 5.645 BAHT 32.33
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  • Page 1 Advertisements
    • 132 1 BizIT Finance sector looking for new IT talent CORPORATE RESULTS S’pore banks expected to report good Q1 figures PAGE 6 EMERGING ENTERPRISE Flexspeed invests in its people PAGE 10 PAGE 28 GREEK CRISIS Rescue package to get bigger PAGE 2 3a PATEK PHILIPPE GENEVE Begin your own tradition. n A
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    • 5 1 List of projects, Page 2
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  • TOP STORIES
    • 798 2 Aid package for Greece now likely to be much larger than previously pledged Reuters AFP AP [LONDON] European shares fell yesterday, down for the second straight session, with banks under pressure after ratings agency Standard Poor’s downgraded its debt rating on
      Reuters; AFP; AP  -  798 words
    • 514 2 Sitting on a pot of ‘collective’ gold WHILE the market mulls over the impact that rule changes will have on collective sales, the spotlight has fallen on developers sitting on prime sites acquired during the previous en bloc boom in 2006-2007. A compilation by property consultant CB Richard
      514 words
    • 583 2  -  MAS analysis attributes this to leaps in quality By ANNA TEO [SINGAPORE] Singapore’s labour productivity can indeed grow 2-3 per cent a year over the next 10 years, thanks to leaps in quality, a study has forecast. A better-educated workforce, coupled with high-er-quality capital inputs
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    • 425 2 Prime district en bloc sale sites sold in 2006-2007 on which new redevelopment projects have not been launched yet NEW SITE PRICE $psf ppr BUYER/ LOCATION DIS-FORMER PROJECT ESTIMATED AREA (OR $psf FOR DEVELOPER TRICT NAME NAME RESI UNITS (SQ FT) LANDED SITES) Bukit Sembawang Estates Paterson Road/
      425 words
    • 685 2  -  All three telcos prefer an ‘administrative allocation’ instead By WINSTON CHAI [SINGAPORE] Three’s company, four’s a crowd this is the dominant view held by local operators in response to a recent proposal that could allow a fourth player to enter the
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    • 581 4  -  NUS index shows they climbed 1.2% in March while central region home prices dipped By UMA SHANKARI [SINGAPORE] Prices of non-landed private homes outside Singapore’s prime districts are now growing at a faster rate than prices in the prime districts, according to a new
      BLOOMBERG FILE PHOTO  -  581 words
    • 486 4  -  Great Beijing Wheel Company placed under receivership By LYNETTE KHOO [SINGAPORE] Great Beijing Wheel Company, which is working on building the world’s biggest observation wheel in Beijing, has been placed under receivership by its main secured creditor UniCredit. The receivers Ferrier Hodgson and
      486 words
    • 552 4  -  EMA team will look into technical, economic feasibility By RONNIE LIM [SINGAPORE] Singapore is starting to assemble a team of experts to study the option of using nuclear energy here eventually. This follows last month’s announcement that the Trade and Industry Ministry
      552 words
    • 576 4  -  Second suit against individuals including hotelier Adrian Zecha withdrawn By MICHELLE QUAH [SINGAPORE] It was trouble in paradise this week for luxury resort chain Amanresorts: its parent lost a long-running battle and a multi-million-dollar lawsuit against two units of a Schroder’s fund. The High Court in
      576 words

  • Page 3 Advertisements
    • 280 3 V ii a i i- cm,:: w cgj-.- -i 1 •t V m FREEHOLD (Next to Newton MRT Station) Freehold Luxury In The Heart Of The Orchard Area Where chic city living awaits... Where the glamour of Orchard Road sparkles... Where a private haven beckons... New high floor 1-bedroom show
      280 words

  • Page 4 Advertisements
    • 750 4 MATS NOTICES BUY IT- SELL IT• FIND IT IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AUSPINE INTERNATIONAL PTE LTD Company Reg. No. *****4578M (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held
      750 words

  • Page 5 Advertisements
    • 129 5 Aix En Provence Aktau Astana Bangalore Bangkok Bahrain Barcelona France Georgia Germany India Indonesia Japan Kazakhstan Korea, South Malaysia Philippines Qatar Russia Singapore Spain Thailand United Arab Emirates United Kingdom Vietnam Beijing Berlin Bordeaux Brussels Cannes Chennai Chongqing Dalian Doha Dubai Guangzhou Hai Phong Hanoi Ho Chi Minh City Hobart
      129 words

  • COMPANY NEWS
    • 564 6  -  HOCK LOCK SIEW By EMILYN YAP FOOTNOTES, which have gained widespread disrepute in investment product brochures, seem to have found a new refuge in the press releases and financial statements of some real estate investment trusts (Reits). Most Reits which carried out rights issues
      564 words
    • 531 6  -  Recovery in demand for loans, increased activity in financial markets cited By CONRAD TAN SINGAPORE banks are expected to report a good showing in the first quarter, buoyed by a recovery in demand for bank loans and the broader economy, and increased activity
      FILE PHOTO  -  531 words
    • 526 6  -  By SIOW LI SEN OCBC Bank is already reaping synergies with its recently acquired private bank despite some personnel hiccups. Although the deal for ING Asia Private Banking (IAPB), now renamed Bank of Singapore, closed only in January, the private bank
      526 words
    • 345 7  -  It has removed 3 senior managers to facilitate immediate investigation By JAMIE LEE DARCO Water Technologies is investigating the possibility of financial irregularities at its Taiwanese subsidiary, which manages its biggest market. The company has hired Singapore-based Adept Public Accounting Corporation to
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    • COMPANY BRIEFS
      • 132 7 SINGAPORE Technologies Engineering (STE) said that its electronics arm, Singapore Technologies Electronics, has injected US$700,000 into its 50 per cent-owned GFM Electronics SA de CV in response to a capital call. GFM is a joint venture company formed in 2000 by ST Electronics and Grupo
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      • 93 7 MAGNUS Energy Group warned that it expects to report a net loss for the third quarter ended March 31 compared with a net profit a year ago. It is also expecting to report a net loss for the nine months ended March 31. The weaker performance
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      • 73 7 TRANSIT-MIXED Concrete Ltd has reported a net profit of $3.88 million for the full year ended Feb 28, marginally higher than the year-ago period’s $3.87 million. Revenue slipped 2 per cent to $18.54 million due to a fall in the demand for ready-mixed concrete. The company
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      • 112 7 FRAGRANCE Group has posted net profit of $14.4 million for the first quarter ended March 31, a 42.6 per cent improvement from the same year-ago period. Although turnover slipped 17.7 per cent year on year to $41.8 million, the group enjoyed a higher gross
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      • 55 7 PALM-OIL producer Global Palm Resources Holdings said its initial public offering (IPO) was well-received by investors. Based on the total invitation of 110 million new shares, the offer was about 2.54 times subscribed. The group raised net proceeds of about $46.5 million from the IPO.
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      • 43 7 NICO Steel Holdings posted a net loss of US$624,000 for the full year ended Feb 28, against a net loss of US$1.1 million in FY2009. Revenue for the year fell 40 per cent from US$41.6 million to US$25.1 million.
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    • 371 7  -  Move aimed at strengthening next level of leadership By KAREN NG CAPITALAND has announced key management changes, a move that the developer says is aimed at strengthening the group’s next level of leadership. For its retail business, the group has appointed Tony Tan Tee Hieong
      371 words
    • 581 9  -  Earnings growth comes on the back of a 28% increase in quarterly revenue By JOYCE HOOI YANGZIJIANG Shipbuilding (Holdings) posted a 21 per cent year-on-year increase in first-quarter net profit from 483.3 million yuan (S$97 million) to 586.4 million yuan despite
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    • 520 9 Reuters [NEW DELHI] Bharti Airtel’s first profit fall in three years puts more pressure on India’s top mobile operator to quickly integrate its US$9 billion purchase of Kuwaiti Zain’s African assets to cope in a cut-throat market. Bharti, 32
      Reuters; AFP  -  520 words
    • 180 9 Q1 results ended March 2010 NET PROFIT (S$m) TURNOVER (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG Yangzijiang 120.22 99.07 21.3 548.48 428.48 28.0 Allgreen 34.95 29.23 19.6 155.94 80.73 93.2 Elec Eltek 25.30 4.95 410.7 189.54 116.80 62.3 ChinaZaino 15.84 19.78 -19.9 101.87 123.71 -17.7 StraitsAsia 15.69
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    • 400 9  -  By JAMIE LEE DESPITE a 10 per cent rise in sales revenue to US$153.5 million, coal miner Straits Asia Resources ended its first quarter with a 68 per cent year-on-year plunge in net profit to US$11.2 million. The fall in Q1FY2010 earnings
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  • Page 6 Advertisements
    • 1177 6 MATS NOTICES LANKOM ELECTRONICS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 7F No. 5 Lane 345 Yang Guang Street Neihu Taipei 114 Taiwan on Friday 21 May 2010 at 10.00 a.m. to transact the following
      1,177 words
    • 11 6 CATS Recruit The first step on your ladder to success CLA/AUG06/g
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  • Page 7 Advertisements
    • 210 7 p NANYANG TECHNOLOGICAL UNIVERSITY Nanyang Business School NANYANG EXECUTIVE MBA Global Leadership for the Asian Century NBS's flagship MBA programme ranked #1 in Singapore and #27 Worldwide. (Financial Times Global MBA Rankings 2010) V Willie Wong Chairman Managing Director Frontken Corporation Group of Companies Helen Lim-Yang Senior Partner Deven Chhayaf
      210 words
    • 422 7 Looking for a Payroll Partner who... Understands your needs concerns Provides dedicated holistic support Gives you peace of mind Is technically competent At PayrollServe, we manage the Payroll outsourcing HR administration of hundreds of MNCs and SMEs in Asia. We also provide user-friendly payroll systems PayDay! and eACCPAY, that enable
      422 words

  • SINGAPORE MARKETS
    • 561 8  -  Markets pressured by worries that a Greek debt default is imminent and may spark off a contagion selloff STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index yesterday plunged 59.64 points or 2 per cent to 2,932.04 in a day of widespread selling that
      Source: Bloomberg  -  561 words
    • 4 8 DAILY
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    • 64 8 Apr 28 VALUE CLOSE BT OB/OS -681.00-502.00 BT CADI -*****.00-307.00 BT 10-day MA -*****.00 -68.00 FTSE ST Mid Cap 717.39 -9.32 FTSE ST Small Cap 579.00 -9.53 FTSE ST All Share 726.86 -13.77 FTSE ST China Top 295.94 -3.50 FTSE ST China 310.91 -2.51 FTSE ST Catalist
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    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 2 14 1 0 0 0 2 14 1 Manufacturing 26 113 55 5 8 11 31 121 66 Commerce 3 39 25 3 4 4 6 43 29 Tpt/Stor/Comms 4 34 5
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    • BROKERS’ TAKE
      • 413 8 Agri-Resources April 28 close: $0.595 OCBC INVESTMENT RESEARCH, April 28 PT Sinar Mas Agro Resources and Technology Tbk (Smart) Golden Agri’s (GAR) Indonesian-listed subsidiary has affirmed that it remains committed to achieving sustainable palm oil production. According to Smart, it will not develop on land with High Carbon
        Source: Bloomberg  -  413 words
      • 500 8  -  Corporation April 28 close: $2.20 PHILLIP SECURITIES RESEARCH, April 28 Compiled by JOYCE HOOI THE Public Transport Council (PTC) has announced the full fare reduction of 2.5 per cent from July 2010 and the complete removal of transport penalty. We will finally move towards a distance-based public transport
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    • 117 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 26,212 26,212 101,361 101,361 Manufacturing 520,957 12,992 533,949 379,718 1,527 381,245 Commerce 109,081 18,245 127,326 141,199 4,663 145,862 Tpt/Stor/Comms 132,757 1,301 134,058 257,013 207 257,219 Finance 35,605 35,605 333,232 333,232 Construction 51,339 9,548 60,887 14,716
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    • 113 8 Stock name Close Change CapMallsAsia 2.140 -0.010 CapitaLand 3.750 -0.070 CapitaMall 1.900 CityDev 10.720 -0.140 ComfortDelGro 1.550 -0.040 DBS Grp 15.160 -0.420 F&N 4.810 -0.170 Genting SP 0.865 -0.005 Golden Agri 0.595 -0.005 HK Land 5.110 -0.040 JMH 36.260 -1.140 JSH 21.100 -0.080 Jardine C&C 29.320
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    • 453 8 CURRENCIES Reuters [NEW YORK] The euro rose yesterday, after hitting a one-year low against the dollar earlier, on news that a euro zone/IMF aid package to for Greece is imminent and may be worth more than previously expected. Traders said investors were
      Reuters  -  453 words
    • 57 8 VOLUME Golden Agri 97,269,000 Genting SP 73,086,000 Yangzijiang 70,460,000 JES 46,201,000 GMG Global 41,317,000 Cosco Corp 32,960,000 SingTel 28,289,000 MDR 28,170,000 CapitaLand 25,525,000 Noble Grp 23,943,000 VALUE($) DBS Grp 115,534,524 UOB 105,339,180 Yangzijiang 97,878,390 CapitaLand 96,046,330 SingTel 86,102,330 Noble Grp 72,838,110 Keppel Corp 67,143,905 Genting SP 62,654,380
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    • 113 8 BY CENTS CLOSE UP Lyxor MS India 10US$ 1722 156.8 7.1 DBXT S&P Short 10US$ 5020 155.4 2.3 GLD 10US$ ***** 147.1 0.9 Thai Prime Fd 451 49.5 8.7 DBXT FTVietnam 10US$ 4727 48.1 0.7 Lyxor Nasdaq100 10US 807 27.5 2.5 OUE 1694 24.0 1.4 STXPO 100 1620 20.0
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    • 122 8 BY CENTS CLOSE DOWN JMH 3626-156.8 -3.0 DBXT FTChina25 10US$ 2930 -85.3 -2.1 Jardine C&C 2932 -76.0 -2.5 DBS Grp 1516 -42.0 -2.7 Lyxor China H 10US$ 1541 -38.5 -1.8 Keppel Corp 978 -38.0 -3.7 UOB 1972 -38.0 -1.9 DBXT MSTaiwan 10US$ 1654 -34.4 -1.5 SIA 200 1512 -34.0
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    • 87 8 Where S$ stands Apr 28 CHNG YR 2010 CLOSE FR Apr 27 S$ LOW S$ HIGH US$ 1.3775 -0.57 1.4219 1.3685 Euro 1.8168 0.35 2.0153 1.8168@ Pounds 2.0899 0.55 2.2831 2.0845 A$ 1.2670 -0.18 1.2960 1.2276 Yen* 1.4684 -0.47 1.5927 1.4551 Rupiah* 0.***** -0.19 0.***** 0.***** Baht* 4.2594 -0.29
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  • Page 9 Advertisements
    • 1525 9 L IT FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES yv RBS Head Office: 36 St Andrew Square, Edinburgh EH2 2YB The Royal Bank of Scotland Singapore Branch: 1 Raffles Quay #26-00 Singapore *****3 The Royal Bank of Scotland Croup Tel: 65-6517-5600 Fax:65-6225-9827 Statement of financial position at 31 December
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  • SINGAPORE NEWS
    • 628 10  -  Survey shows economic resurgence fuelling career moves By AMIT ROY CHOUDHURY AROUND 65 per cent of Singapore’s finance and accounting professionals are looking for better job opportunities as the economy recovers and hiring sentiments improve. However, a survey covering the first quarter
      628 words
    • 996 10  -  Machine tool company Flexspeed Technology recognises the importance of having a good team to keep itself ahead of the competition, reports OLIVIA HO EMERGING ENTERPRISE 2010 OLIVIA HO PRECISION engineering may be all about machinery, but for machine tool company Flexspeed Technology, people are just as
      ARTHUR LEE  -  996 words
    • 339 10  -  Employees now feel less attached to their company: study By KAREN NG AS the economy picks up and throw up more opportunities, employees are reconsidering their career options and are also taking stock of how much discretionary effort they want to contribute to their organisations.
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    • 375 10  -  By JASLENE PANG CUSTOMER satisfaction in Singapore has risen for the retail sector but continued to slide for the infocommunications sector, the Institute of Service Excellence (ISES) at Singapore Management University said yesterday. The first-quarter findings for the Customer Satisfaction Index of Singapore
      375 words
    • 405 10  -  Exhibition proceeds pledged to initiative funded by BT-BAF By OLIVIA HO THE Malay arts scene here is getting a boost as support pours in for the Akademi Seni Maestro Cilik, an outreach initiative aimed at young Malays. At Believe.Aspire.Future an exhibition held yesterday
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  • Page 10 Advertisements
    • 58 10 This is the fourth of a series of features on the 15 finalists of the Emerging Enterprise 2010 Awards. Jointly presented by The Business Times and OCBC Bank, the EE 2010 recognises young SMEs with annual sales of less than $10 million. It is supported by RSM Chio Lim, Spring
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    • 9 10 Finance sector looking for new IT talent, Page 28
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  • SINGAPORE INTERNATIONAL
    • 393 11 Intellectual Property for Internationalisation Programme Phase 1: Strategies for Creation, Ownership, Protection and Exploitation of Intellectual Property (SCOPE IP). SCOPE IP is an intellectual property management diagnostic tool developed by the Intellectual Property Office of Singapore to help businesses assess the strengths and weaknesses of their IP
      393 words
    • 178 11  -  By CHUANG PECK MING JEREMY Sun, iadvisor and general manager of Orcadesign Consultants shares how design is important even to services-based companies. Is design applicable only to companies with products? It is definitely not just applicable to companies’ products, or physical output. Design can
      178 words
    • 1116 11  -  Good intellectual property management and design capabilities are invaluable assets for companies seeking to break into foreign markets, reports CHUANG PECK MING CHUANG PECK MING ADVANCED Network Technology Laboratories (ANTlabs) builds end-to-end secured network access products for hotels, service firms and telecommunications companies in
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  • Page 11 Advertisements
    • 166 11 Singapore International a fortnightly series brought to you by IE Singapore and The Business Times IE Awareness Seminar Grow Your Overseas Business with IE Singapore Need help looking for business opportunities overseas? International Enterprise Singapore has a range of programmes and schemes to help companies improve their business capabilities, increase
      166 words

  • ECONOMY WATCH
    • 698 12 Analysts: Working with foreign firms in its consortia may help win bids Reuters [TOKYO] Japan’s government is pushing for a new strategy to win more overseas infrastructure projects, as it feels threatened by growing global competition and needs help from external demand to
      Reuters  -  698 words
    • 472 12 Reuters [SEOUL] South Korea’s current account surplus nearly doubled in March from a relatively poor February on robust exports, adding to already mounting upward pressure on the won, which is widely seen as still undervalued. The cheap won will help Asia’s fourth-largest economy
      Reuters; REUTERS  -  472 words
    • 524 12 Reuters [NEW YORK] US mortgage applications fell last week as a drop in home refinancing volume outweighed the highest demand for home purchase loans in six months, data from an industry group showed yesterday. A modest rise in mortgage rates weighed
      Reuters  -  524 words
    • 474 12 Traders raise bets on likelihood of rate hike next week Bloomberg [SYDNEY] Australia’s inflation rate almost doubled in the first quarter to 0.9 per cent, making it more likely that the central bank will keep raising borrowing costs. The increase in the consumer price
      Bloomberg  -  474 words
    • 570 12 Commodities demand helps region recover faster: World Bank Reuters [MIAMI] Cozy ties with China helped many Latin American countries come through the global financial crisis in much better economic shape than expected, a World Bank official said on Tuesday. Highlighting what he described
      Reuters  -  570 words
    • 451 12 Strong Canadian a risk: central bank It will not hesitate to act to curb market speculation Reuters [OTTAWA] Bank of Canada Governor Mark Carney said on Tuesday he would not hesitate to take steps to slow the Canadian dollar’s rise if it became clear that market speculators were pushing it
      Reuters  -  451 words

  • MALAYSIA/INDONESIA
    • 416 13  -  Multimillion-dollar suit asks the court to grant the company damages By S JAYASANKARAN THE board of Malaysianlisted airfreight operator Transmile Group has filed a multimillion-dollar lawsuit against two of the company’s former executives for causing financial distress by grossly overstating revenue three
      416 words
    • 325 13 Bloomberg [JAKARTA] The Indonesia Commodity and Derivatives Exchange, the country’s second futures market, has postponed the introduction a local-currency palm oil contract until next month, according to an executive. The rupiah-denominated contract, which was to have started trading on April 30, will begin on May
      Bloomberg  -  325 words
    • 319 13 Investment expected to grow by 11%, more than forecast Reuters [JAKARTA] Indonesia expects gross domestic product (GDP) to grow by 6.3 per cent for full year 2011, higher than the current forecast of 5.7 per cent, Finance Minister Sri Mulyani Indrawati said yesterday. In
      Reuters; AFP  -  319 words
  • Page 13 Advertisements
    • 11 13 CATS Recruit The first step on your ladder to success CLA/AUG06/g
      11 words
    • 1474 13 KATS NOTICES BUY IT-SELL IT-FIND IT Toll free: 1800-289-8822 Email: notices@sph.com.sg VASHION GROUP LTD. (Incorporated in the Republic of Singapore) Registration No. *****6220H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 27 Woodlands Industrial Park El, Hianglae
      1,474 words
    • 1372 13 FEDERAL INTERNATIONAL (2000) LTD (Incorporated in Singapore) (Co. Reg. No: *****7113K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of FEDERAL INTERNATIONAL (2000) LTD (the "Company") will be held at 47 Genting Road, Singapore *****9 on Friday, 14 May 2010 at 9.30 am for
      1,372 words

  • GREATER CHINA
    • 627 14 HSBC says trade in March alone almost double that from previous month AFP Reuters [HONG KONG] Hong Kong investors are snapping up the Chinese yuan amid widespread expectations that Beijing will soon respond to growing calls to revalue its currency. The financial centre’s banks
      AFP; Reuters  -  627 words
    • 655 14 AP [BEIJING] Global technology suppliers face a looming Chinese deadline to reveal the inner workings of computer encryption and other security products in a move the United States and Europe say is protectionist. Suppliers must comply with the rules that take
      AP  -  655 words
    • 481 14 Bloomberg [BEIJING] China’s central bank has pledged to keep policies flexible to respond to “new conditions” and highlighted risks to the global recovery. “The world economy may stage a recovery in 2010, yet the foundation is still fragile and complicated by the growth rates
      Bloomberg  -  481 words
    • 263 14 Reuters [BEJING] China will levy anti-subsidy duties of up to 31.4 per cent on some chicken products from the United States, a move that could further strain ties between the two major economies. The Commerce Ministry ruled yesterday that US chicken producers have been
      Reuters  -  263 words
    • 415 14 Q1 profit jumps 71% to 32.5b yuan from 19b yuan a year ago Bloomberg [BEIJING] PetroChina Co, Asia’s biggest company by market value, expanded overseas operations and ramped up production in the first quarter as domestic demand rebounded. “The scale of operations continued to
      Bloomberg  -  415 words
  • Page 14 Advertisements
    • 623 14 MATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ASEAN REINSURANCE CORPORATION LIMITED (Members' Voluntary Liquidation) Reg No. *****4647G NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 85 Amoy Street Singapore *****4 on the
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  • GREATER CHINA/INDIA
    • 558 15 AP [SHANGHAI] The Shanghai Expo mascot Haibao, a plump sky blue cartoon figure shaped like a stick person, is the latest target of claims that event organisers may have “borrowed” some creativity for the event. Chinese Internet chat rooms are all atwitter over suggestions Haibao
      AP; REUTERS  -  558 words
    • 395 15 This is despite inflation hitting worrisome level Reuters [NEW DELHI] Interest rates in India are unlikely to rise in the short term despite inflation being “still too high for comfort”, Montek Singh Ahluwalia, deputy chairman of the Planning Commission, said
      Reuters  -  395 words
    • 320 15 Reuters [HONG KONG] China Telecom, the smallest of China’s three wireless carriers, said its quarterly profit fell 9 per cent, matching expectations, as it spent aggressively to attract subscribers to its 3G service. The company reported a net profit of 4.27 billion yuan (S$856 million)
      Reuters  -  320 words
    • 504 15 Chinese steel body aims to raise local iron ore output Reuters [BEIJING] China’s steel industry body will allow mills to sign individual supply deals with global miners, as it seemed to abandon efforts to preserve annual pricing that for months had appeared
      Reuters  -  504 words
    • 590 15 Govt move will help them compete with Chinese competitors for energy assets Bloomberg [NEW DELHI] Oil Natural Gas Corp, India’s biggest explorer, and Indian Oil Corp are set to get approval from the government to spend five times more on acquisitions, giving them greater
      Bloomberg  -  590 words
  • Page 15 Advertisements
    • 148 15 SINGAPORE POLO CLUB 2010 INTERNATIONAL PRO/ AM POLO TOURNAMENT SATURDAY SUNDAY, 1 2 MAY 2010 Q Come watch local amateur players competing alongside top professionals at the first major international tournament of the year. Saturday 1 May: Preliminary Rounds from 4.30pm onwards Sunday 2 May: Tournament Final from 4.30pm onwards
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  • ASIA-PACIFIC/WORLD
    • 888 16 Constitutional Court agrees to consider proposal to dissolve PM’s party AFP Reuters [BANGKOK] Thai troops opened fire on “Red Shirt” protesters yesterday during a tense confrontation on a highway in Bangkok’s northern suburbs that left one soldier dead and 18 people
      AFP; Reuters; AP  -  888 words
    • 221 16 LATWP [WASHINGTON] None of the Securities and Exchange Commission employees caught using government computers to view pornography has been fired, the agency’s inspector general said on Tuesday. Of the 28 employees in- vestigated for accessing inappropriate images and websites, eight resigned and six
      LATWP  -  221 words
    • 561 16 AFP [TOKYO] European Union president Herman Van Rompuy yesterday called for closer ties with Japan in fields from climate change to aid for Afghanistan but said differences remain over trade. Speaking ahead of an annual summit in Tokyo between the 27-nation bloc
      AFP  -  561 words
    • 457 16 US futures regulator has proposed trader limits to curb speculation Reuters [WASHINGTON] CME Group Inc, the world’s largest derivatives exchange, has slammed a US futures regulator’s plan to curb speculation in energy markets as being without factual basis and urged that the
      Reuters  -  457 words
    • 391 16 Reuters [BEVERLY HILLS, California] Gary Loveman, chief executive officer at Harrah’s Entertainment Inc, sees few signs of a recovery in Las Vegas, but believes US legalisation of online poker could bring in billions more to the world’s largest casino operator by
      Reuters  -  391 words
  • Page 16 Advertisements

  • WORLD
    • 637 17 Under UK’s electoral system, winning vote doesn’t mean control of the House UK ELECTION AFP [LONDON] Britain’s ruling Labour party is languishing in joint second or even third place after a surge by Liberal Democrats but a singularly British election system means
      AFP; AP  -  637 words
    • 722 17 LAT-WP [LONDON] Midway through last week’s second British election debate, Nick Clegg, leader of the Liberal Democrats, made a little joke about airplanes flying only when “there isn’t too much volcanic ash around”. And somewhere around wagerhappy Britain, cheers erupted from the 56 people
      LAT-WP  -  722 words
    • 384 17 NYT [OSLO] The leaders of Russia and Norway on Tuesday resolved a 40-year-old dispute over dividing the Barents Sea and part of the Arctic Ocean into clear economic zones extending to the edge of Europe’s northern continental shelf. The agreement could herald oil
      NYT  -  384 words
    • 631 17 NYT [LONDON] It has been reported that England’s national football team will sleep in special tents to prepare for the altitude in South Africa, site of the upcoming World Cup. This undoubtedly came as a relief to many, given
      NYT; AP  -  631 words
    • 356 17 Reuters [LONDON] Britain’s political parties faced increasing pressure yesterday to be more honest about the scale of cuts that will be needed after next week’s election to get a record budget deficit under control. The economy was back in the fore after a
      Reuters  -  356 words
  • Page 17 Advertisements
    • 38 17 ROHIT BRIJNATH SALUTES LORENA OCHOA IPL... BOLD OR BOWLED? Swashbuckling action on the field, intrigue and suspense off it will the IPL come out of this stronger? GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      38 words

  • FOCUS: BUFFETT OF ARABIA
    • 2441 18 Prince Alwaleed may have seen his fortunes dwindle a couple of billion over the years. But the Saudi royal’s plans now are bigger than ever Bloomberg PRINCE Alwaleed Bin Talal sits under an almost full moon near a campfire at his rustic retreat in
      Bloomberg; PHOTOS: REUTERS, BLOOMBERG  -  2,441 words

  • FOCUS: GOLDMAN SACHS' SENATE GRILLING
    • 834 19 Accused of selling crap and lectured on firm’s unethical behaviour by lawmakers Reuters [WASHINGTON] The masters of the universe were forced down to earth on Tuesday. Goldman Sachs Chief executive Lloyd Blankfein, the head of the most powerful investment bank in the world, faced a
      Reuters; AFP  -  834 words
    • 419 19 Investors betting bank will be able to manage its legal problems, analysts suggest AP [NEW YORK] Goldman Sachs executives emerged mostly unscathed from a Senate grilling. The company’s stock did even better, outperforming most other stocks on Tuesday as a Senate subcommittee questioned Goldman
      AP  -  419 words
    • 592 19 Greek debt crisis, Portugal’s troubles draw attention NYT [NEW YORK] Maybe it was the deepening debt crisis in Europe. Maybe it was the rare treat of a Mets-Dodg-ers doubleheader starting just before happy hour. Or maybe it was the lack of a
      NYT  -  592 words
    • 480 19 Bloomberg [NEW YORK] Lloyd Blankfein and Carl Levin both have degrees from Harvard Law School. Judging from their confrontation on Capitol Hill Tuesday, they hardly speak the same language. Levin, chairman of the Senate’s Permanent Subcommittee on Investigations, pummelled Blankfein, chairman and chief executive officer
      Bloomberg; AFP  -  480 words
  • Page 19 Advertisements

  • EDITORIAL & OPINION
    • 545 20 EDITORIAL TO restore is to reinstate or put back to the original position. Employers whingeing over the prospect of higher Central Provident Fund contribution rates should take heart that the little hike at hand, back towards the long-term target rate, will still leave
      545 words
    • 1112 20  -  A future article narrates how Morgan Stanley arranged the supposed deal for US$120b By ALICE SCHROEDER Alice Schroeder, author of ‘The Snowball: Warren Buffett and the Business of Life’ and a former managing director at Morgan Stanley, is a Bloomberg News columnist.
      BLOOMBERG  -  1,112 words
    • 808 20  -  THE BOTTOM LINE FRANK CHING DESPITE widespread talk of a rising China and an America in decline, the latest BBC World Service poll shows not just strong residual American soft power but actually an increase. At the same time, the data depict a China
      808 words
    • 1239 21  -  In addition to obscenities, what made Goldman’s Senate hearings so exciting was the Hollywood-like cast of characters LEON HADAR Washington Correspondent WAS he playing the role of the unrepentant villain of the Capitol Hill production “Clash of the Titans”? Or was he the
      BLOOMBERG  -  1,239 words
    • 1130 21  -  Up to 400 Iran businesses in Dubai are said to have closed over the year due to downturn and sanctions By FREDRIK DAHL Reuters [DUBAI] Asian workers in a Dubai port load an Iran-bound ship with sacks of sugar. US and UN sanctions
      Reuters; BLOOMBERG  -  1,130 words


  • AVIATION
    • 668 22  -  Figure for April expected to dip following volcanic ash crisis By VEN SREENIVASAN INTERNATIONAL scheduled air traffic strengthened again in March, thanks to the global economic recovery, with AsiaPacific air travel recording a particularly strong rebound amid robust regional growth. But April’s
      AFP  -  668 words
    • 235 22 Bloomberg [TOKYO] Japan Airlines (JAL), which is undergoing a government-backed turnaround in bankruptcy, will increase route cuts and retire planes earlier than planned in a bid to return to profit. The carrier will cut 15 overseas and 30 domestic flights this fiscal
      Bloomberg  -  235 words
    • 166 22  -  By VEN SREENIVASAN TIGER Airways said yesterday that it will fly three times a week to Trivandrum in the south Indian state of Kerala from November. The announcement comes days after the budget carrier announced a new service to the south
      166 words
    • 344 22 AP [SEATTLE] Boeing has deferred deliveries of sections for its delayed 787 Dreamliner for a month to let suppliers make up for parts shortages and accommodate engineering changes to the composite aircraft. Production work is ongoing and the postponed shipments won’t
      AP  -  344 words
    • 2877 22 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 KL834 1325 KL833
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    • 413 22 NYT [BRUSSELS] The European Union yesterday warned governments against lavishing emergency aid on airlines to make up for losses from disruptions in operations caused by the eruption of a volcano in Iceland. It proposed instead other measures to help them recover from the
      NYT  -  413 words
  • Page 22 Miscellaneous
    • 361 22 CRYPTIC CROSSWORD Across 1 Location at which many are canvassed? (8) 5 Duke will back the country, it’s said (6) 9 NCO gosh, quietly spoken! (8) 10 Animal sailor attached to a line (6) 12 Ambassador joining the French people at match (6) 13 Show contempt for dramatist’s worthless article
      361 words

  • Page 23 Advertisements
  • SHIPPING
    • 4396 23 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
      4,396 words
    • 607 24  -  DNV executive sees S’pore in key role to promote short-sea LNG shipping By VINCENT WEE USING liquefied natural gas (LNG) as fuel is the way forward for shipping in Southeast Asia, a clean energy expert said yesterday. In line with the Martech
      607 words
    • 467 24 Bloomberg [SINGAPORE] Emissions targets being negotiated by the International Maritime Organization (IMO) and the shipping industry may be adopted in 2012 with possible fines of US$75 per tonne of carbon emissions for violators. The IMO said commercial vessels emitted 3 per cent
      Bloomberg  -  467 words
    • 641 24 NYT [WASHINGTON] With a vast oil slick now within only 20 miles of the ecologically fragile Louisiana coastline, Coast Guard officials said they were considering a “controlled burn” of the petroleum on the surface of the Gulf of Mexico.
      NYT  -  641 words
    • 278 24 SGX '000 Apr 28 S$ +/-Vol CH Offshore 0.66 -0.02 700 Chuan Hup Hldgs 0.30 unch 40 Cosco Corp 1.70 -0.05 ***** CWT Ltd 0.98 -0.02 1182 Ezra Hldgs 2.10 -0.08 8409 First Ship Lease 0.61 -0.02 1288 Freight Links 0.05 -0.01 690 Grand Banks unch unch 0
      278 words


  • SINGAPORE STOCKS
    • 8971 25 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 4.5 3148 8Telecom 17.5cd +0.5 1335 17.5 17 17 17.5 1.7 10.3 5.6 83.8 10 4.5 5834 A-Sonic 7.5 unch 30
      8,971 words
    • 1698 26 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 t AA Grp 7 6 8 38.9 6.7 25 12 8538 t APStrategic 21.5 -0.5 104 21.5 20.5 20
      1,698 words
    • 9343 26 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.28/ APS Alpha Fund (USD)!** 0.93/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.72/ Aberdeen Asset Mgt Asia Limited American Opp 0.6707/ Asian Credit Fund 1.2482/ Asian
      9,343 words
    • 656 26 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 112 107 6389 ABF SG Bond ETF 109.5 109.6 110 499.8 883 527 CIMBAsean40 100US$ US878 852 858 35.1 306 180 DBS STI ETF
      656 words
    • 259 26 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 26 6000 AVJennings A47 -2 10 47 47 44.5 47 3.6 7.4 3.8 122.4 31 10 6017 Genting HK US$ US19.5 unch 690
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  • FINANCE & COMMODITIES
    • 365 27 In local curr In S$ In US$ dy yr dy yr dy yr Apr 27 Index Change Change Change Change Change Change World Index Preliminary 873.8 -1.6 5.0 -1.6 0.8 -1.7 3.4 EAFE Preliminary 806.8 -1.9 2.8 -1.9 -3.4 -2.0 -0.9 Europe Preliminary 1138.5 -2.9
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    • 177 27 Apr 28 $S Offer Bid Overnight 0.03 par 1-month 3/8 1/8 2-months 1/2 1/4 3-months 5/8 3/8 Overnight mode: 1/4 US$ Offer Bid 7 days 0.30 0.25 1 month 0.36 0.26 2 months 0.38 0.28 3 months 0.40 0.30 6 months 0.53 0.43 9 months 0.90 0.70 12
      177 words
    • 23 27 Apr 28 Apr S$ Bid Offer 1-month 1.3751 1.3765 2-months 1.3751 1.3764 3-months 1.3751 1.3765 6-months 1.3751 1.3766 Source: OCBC
      23 words
    • 132 27 Apr 28 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2500 1.2870 Can dollar 1.3470 1.3620 Euro 1.8010 1.8210 NZ dollar 0.9710 0.9920 Sterling pound 2.0860 2.1090 US dollar 1.3660 1.3810 Local dollars to 100 units of foreign
      132 words
    • 29 27 Apr 28 Open High Sett STI Apr 2951 2951 2932 SIMSCI Apr 354.9 355.5 347.6 Taiwan Apr 291.2 291.5 287.9 Source: MF Global (S) Pte. Ltd
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    • 170 27 Apr 28 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 10 401.0 401.0 401.0 5 Jun 10 379.0 Jul 10 339.0 338.0 338.0 40 Aug 10 334.0 20 Sep 10 323.1 323.1 323.1 20 Oct 10 323.1 TSR
      170 words
    • 90 27 Apr 28 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 29.07.2010 0.33 0.29 0.29 1-Year BY*****W 03.05.2011 0.45 0.42 0.42 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.11 104.26 104.26 5-Year N*****0N 1.375
      90 words
    • 106 27 Apr 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 982.75 998.75 1001.00 981.50 Jul 10 993.00 1009.00 1011.50 991.00 Aug 10 989.75 1005.00 1007.50 988.00 Sep 10 972.75 989.50 990.00 970.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 39.12 39.29 39.50
      106 words
    • 78 27 CRUDE OIL PRODUCTS Apr 27 Apr CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 86.24 -0.87 WTI (Near Mth) 82.13 -1.80 Dubai (1-Mth F) 84.48 -0.60 Tapis blend 91.20 -0.75 Minas 90.50 -0.90 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 85.11 0.11 Jet Kerosene 95.25 -1.20 US$/barrel Opec
      78 words
    • 77 27 Apr 27 COCOA (£/tonne) Close Prev High/Low May 10 2344 2328 2361/2327 Jul 10 2376 2359 2396/2359 Sep 10 2339 2324 2358/2324 Dec 10 2289 2272 2307/2275 COFFEE (US$/tonne) Close Pev High/Low May 10 1244 1289 1284/1242 Jul 10 1285 1328 1324/1284 Sep 10 1321 1363 1359/1320 SUGAR (US
      77 words
    • 466 27 Apr 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.934 6.270 0.697 7.134 41.029 83.009 0.857 10.279 2.950 1.288 77.117 41.146 1.264 6.865 0.999 28.879 29.692 0.603 0.919 Canada 1.070 6.711
      466 words
    • 85 27 Apr 28 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 155 27 Apr 28 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2629 1.2643 0.9185 0.9186 Canadian dollar 1.3514 1.3536 0.9828 0.9835 Euro 1.8123 1.8145 1.3180 1.3184 NZ dollar 0.9798 0.9821 0.7126 0.7136 Sterling pound 2.0932 2.0954 1.5223
      155 words
    • 141 27 Apr 28 GOLD (US$/oz) Apr 28 Apr 27 Hong Kong 1164.30 1154.40 Apr 27 Apr 26 London 1160.65 1154.95 1161.65 1155.75 Source: Thomson Reuters CAST BAR Apr 28 (S$) Selling Buying Kilobar 55,195.95 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 124.12 51 5gm 350.96 257 10gm 627.02
      141 words
    • 70 27 Apr 27 Apr Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2117.50 2283.50 3 months 2150.00 2316.00 Copper, Grade A (US$/tonne) Cash 7452.25 7772.50 3 months 7490.00 7810.00 Lead (US$/tonne) Cash 2272.50 2330.75 3 months 2300.00 2359.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • 66 27 Apr 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position May 10 2550 2566 2571 2550 201 3279 Jun 10 2550 2559 2562 2540 1685 ***** Jul 10 2541 2547 2553 2529 7244 ***** Aug 10 2530 2541
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    • 372 27 Apr 28 Apr OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.5450 0 2493 Sep10 99.4200 0 1058 Dec10 99.1950 0 1340 Mar11 98.8950 0 3409 EUROYEN TIBOR FUTURES Jun10 99.6200 99.6200 99.6100 99.6100 105 4490 Sep10 99.6350 99.6350 99.6350 99.6300 100 3142 Dec10 99.6350 100
      372 words
    • 2510 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 4.5 unch 5 1 15 -9 4.78 49 4085 ASJ Hldgs W*****1 5 1 4 6 1.70 22 2036 Advance SCT Ltd W*****9 0.5 1 87
      2,510 words

  • BizIT
    • 766 28  -  Robert Walters survey shows pent-up demand in Singapore for IT projects in banking, financial services and insurance, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY [SINGAPORE] TppctoHERE’S some good news at last for Singapore’s beleaguered IT professionals. Financial institutions traditionally big employers of Infocomm professionals
      766 words
    • 631 28 Bloomberg [SAN FRANCISCO] Google Inc’s mobile phone alliance is showing signs of strain. After Verizon Wireless scrapped plans to offer Google’s Nexus One handset this week, Motorola Inc said that it opted for a mapping software other than Google’s version. Samsung Electronics Co has developed
      Bloomberg; AFP  -  631 words
    • 450 28  -  By TIMOTHY SEOW [SINGAPORE] A new broad-band-at-sea technology from SingTel could reach 10-20 per cent of some 65,000 ships worldwide in three years, says the executive vice-president of the telco’s Business Group, Bill Chang. Singapore Telecommunications’ new television re-ceive-only (TVRO) broadband offering which
      450 words
    • 186 28 Reuters [SEATTLE] Microsoft Corp said on Tuesday that it struck a licensing deal with phone handset maker HTC Corp, under which it will get royalty payments on HTC phones running Google Inc’s Android operating system. Microsoft, which holds a wide range of software
      Reuters  -  186 words
    • 406 28 It is aiming for sales growth in the high 30s percentage rate Reuters [FRANKFURT] German chipmaker Infineon raised its full-year outlook on the back of healthy growth across its business on continued strong demand, a sign the market is recovering faster than expected.
      Reuters  -  406 words
  • Page 28 Advertisements
    • 73 28 Looking for IT Outsourcing? Stone Forest IT (SFIT) is a leading provider of IT Outsourcing Services. Our clients include leading legal firms, SMEs and foreign firms. Our firm's reputation is built on practical advice, proactive client servicing and a proven methodology. We provide businesses with one-stop shop service, from IT
      73 words

  • PROPERTY
    • 727 29 CEO raises Marina Bay Sands forecast, investment to be recouped in 5 years Bloomberg [SINGAPORE] Las Vegas Sands Corp chairman Sheldon Adelson said that the planned sale of the casino operator’s Macau malls and apartments may raise as much as US$12
      Bloomberg; FILE PHOTO  -  727 words
    • 1723 29 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Marina Bay Residences Apt 05/04/2010 99 1216 3490 2870 Marina Bay Residences Apt 05/04/2010
      1,723 words
    • 452 30 Moratorium may block 110b yuan in share issues planned by 45 companies Reuters [BEIJING] China will place a moratorium on capital raising by real estate firms as part of a broader campaign to rein in property price rises, state media reported yesterday. The
      Reuters; BLOOMBERG  -  452 words
    • 486 30 Bloomberg [SHANGHAI] An auction of land in Beijing was cancelled after bidding exceeded a price ceiling set for the lot as the Chinese government expands efforts to rein in the nation’s property market. The highest price bid for the Beijing lot,
      Bloomberg  -  486 words
    • 480 31  -  Managing director says S’pore business in good position for the year ahead By KALPANA RASHIWALA [SINGAPORE] The improving Jones Lang LaSalle Singapore has reported a 27 per cent year on year increase in revenue for the first three months of this year.
      480 words
    • 429 31 It has no plans to enter markets of Vietnam and China Reuters [KUALA LUMPUR] Malaysian property developer Sunrise may consider injecting some of its property assets into a real estate investment trust (Reit) as they begin to deliver stable income, its executive chairman
      Reuters; BLOOMBERG  -  429 words
  • Page 29 Advertisements
    • 45 29 iHSEa 1* Featuring Prime Residential Homes M ISIlilRi IBM <sa&. 1- .i. if. J1 Mi For viewing or appointments, please call 6836 3338. savills m-xwmmm Savills has more than 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world.
      45 words
    • 254 29 PRIME FREEHOLD BOUTIQUE COMMERCIAL BUILDINGS 213 Upper Thomson Rd Site Area: 2,446 sq ft GFA: Approx, 6,679 sq ft Close to Marymount MRT Station Prominent main road frontage Ideal for corporate office, school, showroom space, F&B, investment iiiilins. iiiiSiiii d i i ifSii iif 23 25 Kampong Bahru Rd Site
      254 words

  • Page 30 Advertisements
    • 203 30 Ok silSfi Highly Prestigious, World Class Retail Offering Marina Mirage, Main Beach, QLD, Australi Recently repositioned and extensively refurbished retail centre, featuring 103* tenancies over 2 levels with extensive water frontage and carparking via basement and rooftop for 700 cars*. World renowned brand representation including Hermes, Max Co., Charlie Brown
      203 words
    • 211 30 London's top property experts here in Singapore for three days only Wednesday 12th Friday 14th May 2010 Limited appointments available Anita Mehra, CEO of London's largest residential lettings agency Benham and Reeves, will be in Singapore on Wednesday 12th, Thursday 13th and Friday 14th May 2010 inclusive. Associate director Marc
      211 words

  • Page 31 Advertisements
    • 211 31 RADIUS WTIBNATKJNAI CITY IOOGC 4-storey Residential cum Commercial building within a short walking distance to Farrer Park MRT Gross floor area of 9,700 Sqft Fully leased with high rental return Freehold Great investment opportunity 9787 7878 for further details Winfield Real Estate Pte Ltd BULK SALE 20% 40% DISCOUNT BRAND
      211 words
    • 21 31 Hot IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words
    • 259 31 Hilltop Residential Site Ideal for Strata Landed Housing 15 301.0 sq m 1.75 C.P. 4250 304.3K) 8 2 9 4 sq rr 683.4 sqm 1.75 1.75 C .P. 779 5 a *b av £nu i 379 698.2 sq 7859 1.20 C.P***** 1152.5 sqm 1832 5 20 1833 2899.7 »qm 1.20
      259 words
    • 103 31 adv MODERNIST MASTERPIECE IN HOLLAND Newsman Realty Pte Ltd Stunning Architecture and Setting High on a Hilltop in prestigious address 19,000 sqft of elevated grounds 15,000 sqft Built-up area Lushly landscaped throughout Luxurious 6-bedroom en-suite Infinity-edge pool to complement Impressive home entertainment cinema Private lift and Covered 8-car garage World-Class
      103 words

  • Page 32 Advertisements
    • 67 32 THE YOUNG WOMAN AND THE TINY FOLDS In everything from Louis Vuitton, there are elements that cannot be fully explained. What secret little gestures do our craftsmen discreetly pass on? How do we blend innate skill and inherent prowess? Or how can five tiny folds lengthen the life of a
      67 words