The Business Times, 18 May 2010

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Microfilm: NL30669
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Tuesday, May 18,2010
    23 words
  • Article, Illustration
    Lock icon Friday’s US market fears resurface in Asia
    678 1  -  Severe 5% plunge in China equities and further euro slide add to deep unease By CONRAD TAN [SINGAPORE] Stock markets across Asia tumbled yesterday amid fears that the troubles in Greece have spread to the rest of the eurozone and could hurt the
    AFP  -  678 words
  • Article
    Lock icon MARKETS DIGEST
    141 1 ST INDEX 2,833.69 (-21.52) ST INDEX FUTURES 2,828 (-19) SIMSCI 336.54 (-2.66) SIMSCI FUTURES 336.30 (-0.80) FOREX US$ S$ US$ (S$ per US$) 1.397 (US$/S$ per 1.436 2.006 EURO (US$/S$/E) 1.227 1.713 Foreign currency per US$ S$ YEN 92.00 65.90 RM 3.232 2.314 HK$ 7.797 5.583 BAHT 32.49
    141 words
  • Article, Illustration
    Lock icon Hurdles cleared, Pru ready to list in Asia
    869 1  -  Rights issue gets green light too; shares to start trading in S’pore and HK on May 25 By MICHELLE QUAH [SINGAPORE] After a brief delay heart-stopping, no doubt, for the Singapore Exchange (SGX) Britain’s largest life insurer Prudential has announced that it
    869 words
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      130 1 NEWS ANALYSIS Bringing bids in residential land tenders down to earth PAGE 34 UNIT TRUSTS MAS proposes changes to protect investors PAGE 4 PROPERTY Developers brace for muted May after active April PAGE 2 SME INC Getting help from a business coach PAGE WHO’S WHO IN LAW Look out for
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      695 2 Hurdles cleared, Prudential ready to list in Asia AFTER a brief delay, Britain’s largest life insurer, Prudential, has announced that it is pushing ahead with its plans for a secondary listing of its shares here, and a second primary listing in Hong Kong. This, after its proposed £14.5
      695 words
    • Article, Illustration
      Lock icon Developers brace for muted May after active April
      915 2  -  Private home sales rose 25.3%, highest monthly figure in nine months By KALPANA RASHIWALA [SINGAPORE] April was a good month for developers, with private homes sales surging 25.3 per cent month-on-month to a high-er-than-expected 2,207 units. This is the highest monthly figure
      915 words
    • Article, Illustration
      Lock icon 29% surge in exports sets strong pace
      593 2  -  By CHUANG PECK MING [SINGAPORE] The Republic’s non-oil domestic exports soared 29.4 per cent year on year last month the biggest monthly increase since 2005. April’s sixth straight monthly gain extended a revised 2 5.4 per cent year-on-year rise in March and exceeded
      593 words
    • Article
      Lock icon Punching above their weight in Q1 results
      384 2  -  Small companies throw up decent numbers, but not many beat forecasts By JAMIE LEE [SINGAPORE] Size always matters, but the smaller companies in Singapore like their heavyweight peers also threw some winning punches in the latest quarter. The 240 firms that have a
      384 words
    • Article
      Lock icon MAS proposes changes to code governing unit trusts
      293 4  -  Changes ahead in guidelines on derivatives, fees, index-tracking funds By SIOW LI SEN [SINGAPORE] The Monetary Authority of Singapore (MAS) has proposed changes for the unit trust industry to give more protection to investors. The proposed changes to the Code on Collective
      293 words
    • Article, Illustration
      Lock icon ANZ plans 500 new hires in Singapore
      623 4  -  Launch of flagship branch marks entry into retail banking market here By CONRAD TAN [SINGAPORE] Australia and New Zealand Banking Group (ANZ) yesterday marked its entry into Singapore’s crowded consumer banking market with the launch of its flagship branch, and said it plans
      BLOOMBERG  -  623 words
    • Article, Illustration
      Lock icon Ash cloud halts 1,000 flights across north-western Europe
      532 4 Bloomberg [LONDON] Airlines were forced to ground 1,000 flights across Europe yesterday as the return of the Icelandic ash cloud closed terminals from Northern Ireland to the Netherlands. London Heathrow, the region’s busiest airport, suffered more than 150 cancellations before reopening at
      Bloomberg; REUTERS  -  532 words
    • Article
      Lock icon Dear Chief Secretary, there’s no money left
      192 4 AFP [LONDON] The scale of the economic challenge facing Britain’s new government was laid out in a one-sentence letter left by an outgoing minister which said: “There’s no money left”, it emerged yesterday. David Laws, newly appointed Chief Secretary to the Treasury in
      AFP  -  192 words
    • Article, Illustration
      Lock icon Trichet calls for ‘quantum leap’ in euro policymaking
      816 4 Bloomberg [PARIS] European finance ministers returned to Brussels yesterday as European Central Bank (ECB) president Jean-Claude Trichet called for a “quantum leap” in policymaking to help stamp out the bloc’s sovereign debt crisis. One week after agreeing to a US$1 trillion financial
      Bloomberg  -  816 words
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      47 2 hotels.com.sg MISA TRAVEL Tel 6538-0318 More hotels More cities Latest deals New promotions Sign up to receive our latest TRAVEL DEALS via our weekly eNewsletter at www.hotels.com.sg Prices shown exclude hotel taxes, fees and are subject to availability changes without prior notice. Terms Conditions apply. TA 920
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      5 2 More earnings reports, Page 8
      5 words
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      56 3 Wealth Management Asset Management Investment Funds Custody Investor Services The expertise is local The network is global The independence is non-negotiable m mm. Private bankers since 1805 Geneva Lausanne Zurich Basel London Luxembourg Frankfurt Paris Madrid Barcelona Turin Milan Rome Florence Dubai Singapore Hong Kong Tokyo Montreal Nassau 18 0
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      189 4 uammumcn siaZOM The Unparalleled ICT Event In Asia Is Back With More "'J* imnf jnin ln^ am "f" 1 > SINGAPORE EXPO 18 JUNE 2010 10:30am 4pm •-> EVENT HIGHLIGHTS: Exhibition Source from over 1,350 exhibitors for your business' new alternative vendors under one roof Witness over 235 product launches
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  • COMPANY NEWS
    • Article
      Lock icon Singapore banks grow – cautiously
      573 5  - Singapore banks grow cautiously HOCK LOCK SIEW By CONRAD TAN THE Singapore banks are back to reporting big profits. What happens next, however, is still highly uncertain. First-quarter earnings at the three Singa-pore-listed banks were better than expected, boosted by higher fee and trading income and a sharp fall in
      573 words
    • Article
      Lock icon Deutsche Bank launches 3 new exchange-traded funds
      164 5 DEUTSCHE Bank yesterday launched three new ex-change-traded funds or ETFs linked to commodities, the S&P 500 index and Singapore’s bond index, iBoxx Singapore. In a press statement, Deutsche said the commodities ETF is its first such ETF in Asia and will track the
      164 words
    • Article, Illustration
      Lock icon Brokers, finance firms post better Q1 results
      640 8  -  But European debt crisis, Thai troubles may hit market sentiment ahead Q1 EARNINGS: SMALL CAPS, S-CHIPS By JAMIE LEE BROKERAGES and some smaller financial companies here saw a big lift in their earnings for the first quarter ended March. But they have sounded
      BLOOMBERG  -  640 words
    • Article
      Lock icon Brighter prospects for S-chips with worst over
      799 8  -  Those in export, consumption sector fare well in Q1 By LYNETTE KHOO THE sky is clearing for many S-chips or Chinese companies listed here as far as earnings are concerned, thanks to a pick-up in the Chinese economy and external demand. Of the
      799 words
    • Article
      Lock icon SGX CATALIST
      1685 8 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 6.5 6 8 36.1 6.3 25 12 8538 t APStrategic 17 -1 139 18 17 17
      1,685 words
    • Article
      Lock icon Small-cap tech plays impress with strong earnings
      432 8  -  By CHAN YUPING THE small-cap technology plays surprised many analysts with strong earnings for the first quarter ended March, thanks to the recovery in demand in the hard disk drive industry following a rebound from last year’s economic downturn. The sector has been
      432 words
    • Article
      Lock icon Smaller developers post strong results too
      454 8  -  By JAMIE LEE SEVERAL smaller property companies followed in the footsteps of their bigger peers, posting strong results in the latest quarter ended March. Property and hotel operator Fragrance Group posted a 42.6 per cent surge in its first-quarter net profit to $14.4 million,
      454 words
    • Article
      Lock icon SGX ETF
      719 8 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 $mil 112 107 6389 ABF SG Bond ETF 111 109 114 506.7 883 610 CIMBAsean40 100US$ US834 -13 50 840 834 834 839 33.4 306
      719 words
    • Article
      Lock icon CLOB INTERNATIONAL
      255 8 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 $mil 56 26 6000 AVJennings A44 41.5 49 3.6 8 3.5 114.6 31 11.5 6017 Genting HK US$ US19 -0.5 600 19.5 19 19 19.5
      255 words
    • Article, Illustration
      Lock icon NOL down 5.1% despite narrowing Q1 losses
      513 9  -  Analysts give some credence to group’s upbeat expectations of turning a profit By JOYCE HOOI NEPTUNE Orient Lines’ (NOL) counter ended trading yesterday 5.1 per cent lower from $2.14 to $2.03, after the company posted Q1 losses but an optimistic projection on Friday.
      BLOOMBERG  -  513 words
    • Article
      Lock icon SIA load factor in April up on lower capacity
      431 9  -  By VEN SREENIVASAN SINGAPORE Airlines filled 77.6 per cent of its seats in April, a 5.4 percentage point improvement over the previous year when it had a passenger load factor of 72.2 per cent. However, this was down from March, when
      431 words
    • COMPANY BRIEFS
      • Article
        Lock icon STE unit bags $4.6m Changchun contract
        75 9 ST Engineering announced that its electronics arm, ST Electronics, has been awarded a $4.6 million (US$3.3 million) contract by Changchun Railway Vehicles Co Ltd (CRC). ST Electronics will provide the Passenger Information Systems (PIS) for the Rio de Janeiro metro vehicles, a project awarded
        75 words
      • Article
        Lock icon Tai Sin wins $28m power cable deal
        40 9 TAI Sin Electric Ltd has secured a $28 million contract to supply low voltage power cables for an infrastructure project in Singapore. The estimated delivery period is from June 2011 to December 2012.
        40 words
      • Article
        Lock icon Olam buys 10m more NZFSU shares
        81 9 OLAM International said it has bought an additional 10 million shares in New Zealand Farming Systems Uruguay (NZFSU), an operator of large scale Kiwi-style dairy farming operations in Uruguay, for NZ$4.1 million (S$3.99 million). Olam said the additional shares, bought at 41 NZ cents
        81 words
      • Article
        Lock icon BBR unit buys 3.45% stake in FOSTA
        87 9 BBR Holdings (S) Ltd said its subsidiary, Singapore Piling and Civil Engineering Private Limited (SPACE), has bought an additional 3.45 per cent stake in FOSTA Pte Ltd for $20,341.20. FOSTA is in the business of soil investigation for land and marine works, construction
        87 words
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      231 5 Serviced Offices Cost effective office and IT solutions Best address, best receptionist, best support Flexible lease terms starting at just one month All for less than the cost of a secretary Call to arrange a personal tour today! W servcorp.com.sg HSERVCORP Levels 30 and 31 Six Battery Road Level 42
      231 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Euro zone woes continue to haunt
      655 6  -  ST Index falls along with regional benchmark indices, with all sectors hit STOCKS R SIVANITHY Senior Correspondent NOT surprisingly, the local stock market sagged badly yesterday as the fallout from the euro zone’s crisis continued into a second week. With Hong Kong’s Hang Seng
      Source: Bloomberg  -  655 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      64 6 May 17 VALUE CLOSE BT OB/OS -1144.00 +9.00 BT CADI -*****.00-268.00 BT 10-day MA -*****.00-114.00 FTSE ST Mid Cap 685.89 -7.77 FTSE ST Small Cap 538.57 -9.04 FTSE ST All Share 699.63 -6.11 FTSE ST China Top 271.08 -4.63 FTSE ST China 293.07 -1.90 FTSE ST Catalist
      64 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 6 VOLUME Genting SP 99,798,000 Golden Agri 67,557,000 ZhguoPengjie 45,070,000 Noble Grp 42,230,000 NOL 39,600,000 MDR 33,480,000 SingTel 30,302,000 Transcu Grp 28,494,000 Equation 26,163,000 Olam 24,943,000 VALUE($) Genting SP 97,446,035 SingTel 88,407,820 NOL 80,415,780 Noble Grp 77,650,190 DBS Grp 67,892,073 Keppel Corp 64,393,540 CapitaLand 63,612,963 Olam 60,334,320 UOB
      55 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 1 15 1 0 0 0 1 15 1 Manufacturing 22 103 59 4 9 12 26 112 71 Commerce 8 34 19 3 7 3 11 41 22 Tpt/Stor/Comms 5 29 7
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon Super Coffeemix
        174 6 May 17 close: $0.92 DMG Partners Securities, May 17 INVESTMENT thesis plays out: In line with our assumptions, Super will continue to benefit from the region’s GDP growth and lower-input robusta coffee prices. We expect its share price to continue to react positively to quarterly earnings momentum, its
        174 words
      • Article, Illustration
        Lock icon Sound Global
        266 6 May 17 close: $0.78 DBS Vickers, May 17 SOUND Global announced a 148 per cent y-o-y rise in headline profit to 45.6 million yuan ($9.3 million) despite additional seven million yuan expenses relating to its dual listing in Hong Kong. Excluding forex and one-offs, core profit was up
        266 words
      • Article
        Lock icon SIA Engineering
        506 6  -  Engineering May 17 close: $3.74 CIMB, May 17 Compiled by LYNETTE KHOO RESULTS above expectations: SIA Engineering’s (SIAE) FY10 net profit of $236 million (+9 per cent y-o-y) was 12 per cent above our estimate and 8 per cent above consensus, mainly due to: 1) stronger-than-ex-pected revenue; 2)
        506 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 20,127 20,127 90,771 90,771 Manufacturing 308,639 40,315 348,954 224,059 2,283 226,342 Commerce 115,312 3,786 119,098 185,834 819 186,653 Tpt/Stor/Comms 136,022 758 136,780 274,521 97 274,618 Finance 21,950 21,950 192,732 192,732 Construction 26,507 22,594 49,101 7,610
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      113 6 Stock name Close Change Stock name Close Change CapMallsAsia 2.130 -0.010 CapitaLand 3.600 -0.040 CapitaMall 1.920 -0.030 CityDev 10.540 +0.060 ComfortDelGro 1.500 +0.010 DBS Grp 14.380 +0.020 F&N 4.730 +0.030 Genting SP 0.990 +0.005 Golden Agri 0.540 -0.010 HK Land 4.960 -0.020 JMH 34.980 -0.640 JSH
      113 words
    • Article, Illustration
      Lock icon Euro rallies from 4-year low against $
      495 6 Euro rallies from 4-year low against CURRENCIES Reuters [NEW YORK] The euro rallied against the dollar yesterday on a rise in risk appetite after a US report showed strong demand for US long-term securities and a flurry of short covering by investors who had bet the currency would fall further.
      Reuters; BLOOMBERG  -  495 words
    • Article
      Lock icon RISES
      106 6 BY CENTS CLOSE UP DBXT S&P Short 10US$ 5227 135.4 1.9 OCC 5.1% NCPS 100 ***** 56.0 0.6 DairyFarm 677 27.9 3.0 UOB 1920 22.0 1.2 DBXT MSBrazil 10US$ 630 20.9 2.4 AnwellTech 60 9.5 18.8 Parkway Hldgs 332 9.0 2.8 CityDev 1054 6.0 0.6 Aspial 32.5 5.0 18.2
      106 words
    • Article
      Lock icon FALLS
      126 6 BY CENTS CLOSE DOWN DBXT AUDMM 5SG$ *****-830.0 -3.5 DBXT Nifty 10US$ *****-704.9 -4.4 DBXT DJE50 10US$ 3402-376.9 -7.4 DBXT MSEurope 10US$ 3695-371.3 -6.7 DBXT FTVietnam 10US$ 4342-234.5 -3.7 DBXT MSKorea 10US$ 4597 -97.7 -1.5 JMH 3498 -89.3 -1.8 Lyxor MS India 10US$ 1497 -74.0 -3.4 Lyxor China H
      126 words
    • Article
      Lock icon CURRENCIES
      87 6 Where S$ stands May 17 CHNG YR 2010 CLOSE FR May 14 S$ LOW S$ HIGH US$ 1.3953 -0.89 1.4219 1.3680 Euro 1.7157 0.52 2.0153 1.7157@ Pounds 2.0133 -0.04 2.2831 2.0124 A$ 1.2241 0.90 1.2960 1.2241@ Yen* 1.5128 -1.17 1.5927 1.4467 Rupiah* 0.***** -0.53 0.***** 0.***** Baht* 4.2972 -0.58
      87 words
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      141 7 We are proud to be a Real Estate Partner and our warmest congratulations to THE SINGAPORE FREEPORT Designed ATELIER D'ARCHITECTURE 3BM3 GENEVA C. STENDARDO B. MONTANT Built by: Jr r-.j. aKS BOUSTEAD Since 1828 M&E: wengineering sa domotique sa energies rigot+rieben Geneve I Vaud I Neuchatel Valais Structural: ingenieurs oivils
      141 words
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      63 9 Being aware of one's HERITAGE also means cultivating traditions that lay the foundation for a prosperous FUTURE. It is with this knowledge that we have proved a reliable SWISS partner in PRIVATE BANKING. Since 1755. Clariden w Leu SWISS PRIVATE BANKING SINCE 1755 Clariden Leu Singapore Branch 80 Raffles Place
      63 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon S’pore, Jakarta to boost efforts against terrorism
      541 10  -  They also discuss setting up working groups to expand economic cooperation By LEE U-WEN SINGAPORE and Indonesia plan to set up a new working group to strengthen their cooperation in coun-ter-terrorism efforts, Prime Minister Lee Hsien Loong said yesterday. Indonesian President Susilo Bambang
      AFP  -  541 words
    • Article
      Lock icon BMW, Porsche cup races back for this year’s F1
      224 10 Freestyle motorbike stunt show also on the agenda RACE promoter Singapore GP (SGP) released yesterday the starting line-up of entertainment surrounding this year’s Formula One race which will be held Sept 24 to 26. Two support races, the Formula BMW Pacific
      224 words
    • Article
      Lock icon Learn about China water projects scope
      234 10 THE 300 attendees at the China Business Forum on July 1 at the Singapore International Water Week 2010 are set to receive key market insights into doing business in the China water sector. Singapore International Water Week managing director Michael Toh said: “China is
      234 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon SoShiok.com launches iPhone app
        38 10 THE iPhone application of premier food website, AsiaOne’s SoShiok.com, provides random dining recommendations with just a shake of your iPhone. The application also makes restaurant recommendation and picture submissions to the SoShiok.com website easy.
        38 words
      • Article
        Lock icon IE S’pore mission to China
        53 10 INTERNATIONAL Enterprise Singapore is leading 17 representatives from ten Singapore-based companies on a healthcare services mission to Guangdong province in China from yesterday to May 22. China’s growing affluence, increase in healthcare spending, and government initiatives in healthcare reform are driving a growing need for
        53 words
    • Article
      Lock icon MDA pact with HK’s Tiger Gate a boost to film-makers
      446 10  -  Projects targeted for theatrical, television distribution By NISHA RAMCHANDANI THE Media Development Authority (MDA) of Singapore has teamed up with Hong-Kong based producer and distributor Tiger Gate Entertainment to commission films for theatrical and television distribution both within and outside
      446 words
    • Article
      Lock icon Flu likely contributed to rise in ARI cases
      177 10 SINGAPORE saw a rise in acute respiratory infections (ARIs) in recent weeks, which was likely contributed by the increase in flu activity here. The Health Promotion Board launched its flu advertising campaign on Sunday to remind the public to be vigilant and
      177 words
    • Article
      Lock icon NTU provost to receive Austrian award
      132 10 PROFESSOR Bertil Andersson, provost of Nanyang Technological University (NTU), will receive this year’s Wilhelm Exner Medal in Vienna on Nov 21, in recognition of his research related to artificial leaves and its creation, and his contributions to European and Austrian research. The prestigious medal
      132 words
    • Article, Illustration
      Lock icon Today’s school of life
      788 10  -  TNS revisits play first staged 20 years ago, retaining its spirit SINGAPORE ARTS FESTIVAL By NATALIE KOH AS part of the Singapore Arts Festival 2010, “Re/visit/create/ imagine/mix” programme, The Necessary Stage (TNS) is revisiting an old play about teacherstudent relationships which was first staged 20 years
      THE STRAITS TIMES  -  788 words
    • Article, Illustration
      Lock icon A captain of industries
      772 11 TRIBUTE TO DR GOH KENG SWEE Tan Suee Chieh CEO NTUC Income THE late Dr Goh Keng Swee provided the vision, governance and intellectual framework for the NTUC’s social enterprises. Following the passing of the new Employment Act in 1969, which reduced the scope for trade
      PHOTOS: NTUC INCOME, KEPPEL  -  772 words
    • Article, Illustration
      Lock icon Plans afoot to upgrade Jurong Island facilities
      466 11  -  Aim is to maintain Singapore’s energy, chemicals hub lead By RONNIE LIM FOLLOWING Jurong Island’s successful development as an international-ly-competitive, integrated petrochemicals hub, Singapore will be embarking on a “Jurong Island version 2.0” upgrade to maintain this lead, Trade and Industry Minister Lim
      FILE PHOTO  -  466 words
    • Article
      Lock icon State funeral service for Dr Goh on Sunday
      177 11 THE state funeral service in honour of the late Dr Goh will be held on Sunday, May 23, 2.30pm at the Singapore Conference Hall. The body of the late Dr Goh Keng Swee will lie in state at Parliament House from May
      177 words
    • Article
      Lock icon Euro worries won’t derail Lanxess rubber plant
      419 11  -  By RONNIE LIM DESPITE Eurozone monetary wobbles and worries over what happens when government stimulus packages end, “it’s full speed ahead” for a German chemical giant’s 400 million euro (S$687 million) synthetic rubber plant in Singapore. The investment is strategic, aimed at Asia
      419 words
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      347 11 Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICE I Guy Charles Owen, bachelor of 35 Robin Road, 09-04 Robin Regalia, Singapore *****0 intend to marry Olivia Frances Hayden, single of 35 Robin Road, 09-04 Robin Regalia, Singapore *****0, at Four Seasons Resort Bali at Sayan, Gianyar *****, Bali, Indonesia on 14th July
      347 words
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      89 11 Fantasy Waterbeds Pte Ltd Where Sleep Matters. We 1/ knock you out without thepills! We've mastered the science of sleep without counting sheep drinking milk or popping harmful pills to give you complete holistic sleep and all the benefits that come with it. I I m Waterbeds Latex Memory Foam
      89 words
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  • SME Inc
    • Article, Illustration
      Lock icon Hire a coach to boost biz performance
      935 12  -  It can also be more cost-effective since the skills learned can be applied again. By CHEN HUIFEN CHEN HUIFEN AT a company retreat back in 2000, Richland Logistics founder Lim Chwee Kim was asked by the business coach he had hired to leave
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    • Article, Illustration
      Lock icon Business coach helps spa product maker hit target
      737 12  -  Mind and Body Delight boosts its export marketing By CHEN HUIFEN NG Yen Yi is no stranger to India, as the founder of Mind and Body Delight Pte Ltd had lived there for more than five years during past stints working for
      737 words
    • Article
      Lock icon Rising a notch on external expertise
      728 12  -  By CHEN HUIFEN SERIAL entrepreneur Lim Chwee Kim, 51, was unusually candid when asked why he needed a coach in 2000 given that he was already running a successful company. After all, he had started several transport and construction firms, made his first million
      728 words
    • Article
      Lock icon Making a product stick like goo
      829 13  -  Local company makes headway with Screen Goo a liquid video screen coating, in the region’s audio-visual market. By GLENN CHEE By GLENN CHEE WHEN Johnny Yap and Anne Chiang felt that the audio-visual market in Singapore was in need of a new product that
      829 words
    • Article
      Lock icon Small caps bear brunt of market weakness
      461 13  -  By TEH HOOI LING CONCERNS over the eurozone debt crisis and the cooling measures in China have sent investors scurrying for cover. Prices of risky assets fell. Our small cap portfolio retreated for the third straight week. It ended 2.1 per cent down
      461 words
    • Article, Illustration
      Lock icon When it’s worth taking a shot at Goliath
      1026 14  -  How Aurigin successfully fought and unexpectedly won a crucial patent action. By OLIVIA HO OLIVIA HO IN one corner, ASM Assembly Automation a Hong Kong-based semiconductor manufacturing giant. In the other corner, Aurigin Technology an eight-year-old Singapore SME with everything to lose.
      1,026 words
    • Article
      Lock icon Seven steps every SME should take to protect its IP
      436 14 Step 1: IP audit For an SME to protect its intellectual property (IP), it must first know what IP it has. SMEs should thus conduct regular audits to catalogue their IP. An audit will also help an SME avoid infringing
      436 words
    • Article
      Lock icon Part-time programme for Malay entrepreneurs starting in July
      173 14  -  By ESTHER SOH THE Association of Malay Entrepreneurs (Kesuma) will launch a new course to encourage budding businessmen. Starting in July, the 20-week part-time programme will lead to a certificate in entrepreneurship. Kesuma’s Young Entrepreneurs’ Skills Competition or Yescom an annual event
      173 words
    • Article
      Lock icon Global economic recovery hangs in the balance
      894 15 THIS WEEK’S TOPIC The deepening Greek debt crisis has prompted the European Union to put together a 750 billion euro rescue package. Do you think this is enough to stop the euro plunging and the crisis putting a brake on the recovering world
      894 words
    • Article, Illustration
      Lock icon Harnessing that silver lining
      851 15  -  Small businesses can utilise cloud computing to gain a critical advantage By LEE THOMSON Lee Thompson is senior vice-president of corporate sales for the Asia-Pacific region, salesforce.com. He is responsible for running salesforce.com’s business for small and mid-sized organisations INFORMATION technology (IT) is an essential part
      851 words
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      74 12 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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      Lock icon Page 12 Advertisements Column 2
      11 12 SME VOICES Global economic recovery hangs in the balance Page 15
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      106 13 Enjoy greater returns at 3% p.a.* Australian dollar corporate current account A 0 0 p a Make your Australian deposits work harder. From now till 30 June 2010, you will enjoy an attractive interest rate of 3% p.a with HSBC Singapore's Australian dollar corporate current account. Open an account with
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      86 14 m&rw- ir a A V» The Craft of SME Funding With our specialised experience and expertise, we are well-poised to shape the success of SMEs. We catalyse SME value enhancements, through corporate re-engineering and strategic exercises executed along the investment process. With Crest Capital Asia, you're always in good hands.
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      89 15 Voices Next week’s topic: What are you most impressed with about the ongoing World Expo in Shanghai so far? Do you intend to visit the event personally? Why/why not? If you are an SME owner or leader, we would like you to share your views on the topic. Please e-mail
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      200 15 II II ill iii WORLD CITIES SUMMIT www.worldcities.com.sg Liveable Sustainable Cities for the Future 28 June-1 July 2010 Suntec City Convention Centre, Singapore Complex challenges are confronting our cities. How sustainable is Sherri's future? Highlights: Lee Kuan Yew World City Prize World Mayors' Forum Ministerial Dialogue World Cities Summit Expo
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon China Net censorship a ‘trade barrier’
      495 16 AFP [SHANGHAI] European Commission vice-president Neelie Kroes said yesterday that China’s censorship of Internet sites constituted a trade barrier and should be dealt with by the World Trade Organization. Ms Kroes, who is also in charge of charting the European Union’s digital agenda, said
      AFP; REUTERS  -  495 words
    • Article
      Lock icon BOJ mulls new loan plan to beat deflation
      383 16 Reuters [TOKYO] The Bank of Japan (BOJ) is considering a new loan programme aimed at encouraging private banks to lend more to industries with growth potential, in what it describes as a long-term approach to beating deflation. Governor Masaaki Shirakawa last month
      Reuters  -  383 words
    • Article
      Lock icon Japan capital orders up in sign of recovery
      578 16 Machinery orders up 2.9% in Q1 as producer prices slow their decline Bloomberg [TOKYO] Japanese machinery orders advanced for the first time in three months and producer prices fell the least in more than a year, reflecting a sustained recovery in an
      Bloomberg  -  578 words
    • Article
      Lock icon Australia’s weak population growth may hit rentals
      241 16 Bloomberg [SYDNEY] A slowdown in Australia’s population growth, as long-term visitors leaving outnumber those arriving, could ease pressure on rental markets and lead to a “relatively benign interest rate environment”, BIS Shrapnel senior economist Jason Anderson said. Population growth will slow to about
      Bloomberg  -  241 words
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      Lock icon President’s comments spark Korea rate hike expectations
      541 16 Reuters [SEOUL] South Korea’s president yesterday issued his most upbeat comments on the economy since the current global crisis began, interpreted by some traders and analysts as a sign the government and central bank had agreed to raise rates in coming months. On
      Reuters  -  541 words
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      1430 16 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BEAfHSMff 10 DES VOEUX ROAD CENTRAL, HONG KONG CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AS AT 31ST DECEMBER 2009 ASSETS Cash and balances with banks and other financial institutions Placements with banks and other financial institutions Trade bills Trading assets Financial assets designated at
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon MAHB Q1 profit down despite revenue jump
      395 17  -  Adoption of new accounting standard, last year’s high base cited as reasons By in PAULINE NG MALAYSIA Airports Holdings Bhd (MAHB) lifted revenue 12 per cent to RM436.4 million (S$189.3 million) for the first quarter ended March as passenger movements rose about a
      395 words
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      Lock icon Adviser deems HLB’s EON offer undervalued
      549 17  -  By S JAYASANKARAN EVENTS may have taken a new twist in the long-run-ning drama over the proposed acquisition of EON Capital by Hong Leong Bank (HLB). According to executives familiar with the matter, EON Capital’s independent adviser Credit Suisse which was supposed to give
      BLOOMBERG  -  549 words
    • Article
      Lock icon Petral to skip crude imports in July
      150 17 Reuters [SINGAPORE] Petral, the trading unit of Indonesian state-run oil company Pertamina, will skip sweet crude imports for a second straight month in July due to refinery maintenance, a source said yesterday. The company also has enough crude oil in stocks, the source,
      Reuters  -  150 words
    • Article
      Lock icon Norway pledges US$1b to save Indon forests
      323 17 Bloomberg [COPENHAGEN] Norway plans to grant Indonesia US$1 billion to help reduce forest degradation, Agus Purnomo, head of the secretariat of Indonesia’s National Climate Change Council, said yesterday. “We have a deal which will be signed on May 27,” Mr Purnomo said. “The
      Bloomberg  -  323 words
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      21 17 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
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      Lock icon Page 17 Advertisements Column 2
      363 17 -v s air < -S I fli •'•■> < a i. >. <.' •>' ,t, i v L'' -V iVr,f &1 m ij A it imi'm i i£ iil > j i f [^'3 ll dt MM:, iC A c*« ■■■sv> U&" it' i )Y !y 1 *8 5p 4
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China calls for talks after India vetoes tech contracts
      459 18 Tension escalates after Indian carriers had to get clearance to buy equipment Bloomberg [BEIJING] China said that India should not discriminate against Chinese telecommunication products, and called for talks between the governments after Indian regulators tightened screening of imported phone-equipment. “Any
      Bloomberg; REUTERS  -  459 words
    • Article
      Lock icon ‘One-off’ trade deficit in March may return, says Beijing
      440 18 Commerce Ministry sees sharp fall in 2010 trade surplus Bloomberg [BEIJING] China’s trade deficit in March, described by some economists as a “one-off event”, may be repeated in coming months, the nation’s Commerce Ministry said. “Monthly figures this year will hover
      Bloomberg  -  440 words
    • Article, Illustration
      Lock icon Conference Board says Chinese growth may have peaked
      336 18 Bloomberg [BEIJING] China’s growth may have peaked as developers accelerated construction work ahead of government measures to cool the property market, according to US research organisation The Conference Board. A leading economic indicator rose 1.1 per cent to 144.5 in March, after
      Bloomberg; REUTERS  -  336 words
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      686 19 ior to r r Otto Marine Femco-Management on the Christening of Komulan Evay 2 Units DP2 10,800 Principal Particulars Length Overall Breadth Moulded Depth Moulded Design Draft Horsepower Bollard Pull Clear Deck Area Main Engine Classification 67.00 m 16.00 m 7.00 m 5.00 m 10,800 bhp 120 Ton 420 m
      686 words
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  • WORLD
    • Article
      Lock icon Bond bears reverse calls for Fed rate hikes
      604 20 Europe’s debt crisis sparks move; Fed now seen holding rates near zero Bloomberg [NEW YORK] Europe’s sovereign debt crisis is prompting some of the Treasury market’s biggest bears to reverse calls for Federal Reserve interest-rate increases this year. Morgan Stanley, Wrightson and
      Bloomberg  -  604 words
    • Article, Illustration
      Lock icon Samsung’s big spending plan challenges rivals
      565 20 It’s investing US$16b to boost output of chips, flat screens Reuters [SEOUL] Samsung Electronics, the world’s largest memory chip maker, will invest a record US$16 billion this year to boost output of chips and flat screens, turning up the heat on rivals with less
      Reuters; AP  -  565 words
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      2390 20 Deutsche Bank AG (Incorporated in Germany) Consolidated Financial Statements for 2009 \z\ Consolidated Balance Sheet Earnings per Common Share in m. [Notes] 31.12.2009 31.12.2008 Assets: Cash and due from banks 9,346 9,826 Interest-earning deposits with banks 47,233 64,739 Central bank funds sold and securities purchased under resale agreements [19], [20]
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon UK emergency budget on June 22
      424 21 It’ll be based on forecasts from new Office for Budget Responsibility Bloomberg AFP [LONDON] Chancellor of the Exchequer George Osborne yesterday set out a timetable for UK government departments to identify savings to start tackling the nation’s record deficit, saying he will hold an
      Bloomberg; AFP  -  424 words
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      Lock icon Japan drug giant to buy US firm
      477 21 Astellas’ US$4b deal adds blockbuster drug to its line-up Reuters [TOKYO] Astellas Pharma, Japan’s No 2 drugmaker, agreed to buy US biotech OSI Pharmaceuticals for US$4 billion in cash in a sweetened bid that will add OSI’s blockbuster cancer drug Tarceva to its
      Reuters; BLOOMBERG  -  477 words
    • Article
      Lock icon Universal Health to buy Psychiatric Solutions
      427 21 Bloomberg [PHILADELPHIA] Universal Health Services, the Pennsylvania-based hospital management company, agreed to buy Psychiatric Solutions for about US$2 billion in cash to add facilities for mental healthcare. Universal Health will pay US$33.75 for each share of Psychiatric Solutions and will also assume US$1.1 billion
      Bloomberg  -  427 words
    • Article, Illustration
      Lock icon Japan exporters fret as EU steps up Asia FTA talks
      885 22  -  Japanese officials seek to persuade EU to look into bilateral free trade pact By ANTHONY ROWLEY A GROUND-BREAKING free trade agreement that South Korea is expected to sign with the European Union later this year has Japanese exporters worried that
      AFP  -  885 words
    • Article
      Lock icon GM posts US$865m Q1 profit
      217 22 Reuters [DETROIT] General Motors Co (GM) posted a first-quarter profit yesterday and said it is making progress towards a turnaround expected to put it on track towards its first full-year profit since 2004. GM, which received US$50 billion of US government financing for its restructuring
      Reuters  -  217 words
    • Article, Illustration
      Lock icon Fear runs high with Thai protest chief dead
      561 22 AFP Reuters AP [BANGKOK] Thailand was braced for a potentially bloody crackdown on an-ti-government protesters after a deadline yesterday passed for demonstrators to leave their sprawling encampment in downtown Bangkok. The death yesterday of a renegade Thai general allied with Red Shirt
      AFP; Reuters; AP  -  561 words
    • Article
      Lock icon Contrasting best races at Monaco GP
      728 22  -  Webber’s drive sublime but Chandhok’s ends with crash By STEVE SLATER The writer is a race commentator on Star Sports’ coverage of the Formula One THERE couldn’t be two bigger contrasts in the respective race weekends of Mark Webber and Karun Chandhok. Yet both
      728 words
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      1064 21 MATS BUY IT-SELL IT FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg mandiri Notes to Financial Statements can be found in the Bank's Annual Report, copy of which can be obtained on request from PT Bank Mandiri (Persero) Tbk., 3 Anson Road #12-01/02, Springleaf Tower, Singapore *****9 CONSOLIDATED STATEMENTS OF
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  • AVIATION
    • Article
      Lock icon Global premium travel up 10.8% in March: Iata
      540 23  -  Business travel segment rebounding faster than leisure sector By VEN SREENIVASAN [SINGAPORE] The number of passengers travelling in first and business class seats on international markets rose 10.8 per cent in March from the levels seen last year. According to the latest
      540 words
    • Article
      Lock icon Australia points finger at JAL, ANZ for air cargo price fixing
      272 23 AFP [SYDNEY] Australia accused Japan Airlines and Air New Zealand yesterday of price-fixing on air cargo, bringing to 15 the number of carriers being pursued by the nation’s corporate watchdog on the issue. The Australian Competition and Consumer Commission
      AFP  -  272 words
    • Article, Illustration
      Lock icon British Airways goes to court to avert strike
      407 23 Airline due to attend talks with union chiefs to stop action Reuters [LONDON] British Airways went to London’s High Court yesterday in a bid to avert a strike this week by the airline’s cabin crew, while the company is also due to
      Reuters; REUTERS  -  407 words
    • Article
      Lock icon Malaysia Airlines posts RM310m Q1 profit
      267 23 Reuters [KUALA LUMPUR] Fuel hedging gains and compensation for delayed aircraft delivery helped Malaysian Airline System Bhd (MAS) return to profit in the first quarter while it warned the industry was still struggling to recover. The state-owned airline posted net profit of RM310 million
      Reuters  -  267 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2842 23 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ458 1410 Adelaide LH9771 1745 LH9770 2350 SQ268 1745 SQ269 2350 9W4081 1820 AF8087 1820 BA7381 1820 JL5084 1820 QF81 1820 Ahmedabad NH6292 1900 SQ530 1900 Amsterdam LO4031 0605 AZ3993 0025 SQ323 0605 KL836 0025 US5410 0605
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  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      308 23 CRYPTIC CROSSWORD Across 1 Unlikely books to be pinched by engineers (6) 4 Appropriate art form (8) 9 Put down cash advance to be paid (6) 10 Place for training shoes like this? (8) 11 With caution, moved around ugly adder (9) 13 Archer’s final letter on biography from prisoner
      308 words
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      27 24 Shipping lines seeking reliable logistics partners Can they find your services here in the Shipping Times? O 6 327 THE BUSINESS TIMES inc UUJN-JLJJ IIIVICJ SHIPPING TIMES
      27 words
  • SHIPPING
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      3659 24 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.
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    • Article
      Lock icon Daewoo eyes US$5b worth of marine deals
      474 25 Shipbuilding/marine unit sees boom in demand with economic growth Bloomberg [SEOUL] Daewoo Shipbuilding Marine Engineering Co aims to almost triple contracts for offshore facilities this year as economic growth spurs energy demand. The company may win US$5 billion worth of orders for drilling
      Bloomberg  -  474 words
    • Article
      Lock icon Maersk unit signs lease deal for Virginia terminal
      297 25 Bloomberg [COPENHAGEN] APM Terminals, a subsidiary of A P Moeller-Maersk, said it reached a tentative agreement with the Virginia Port Authority over the cover terms of a 20-year lease of APMT’s Virginia Terminal to the Virginia Port Authority. Under the agreement, APM
      Bloomberg  -  297 words
    • Article, Illustration
      Lock icon BP hooks tube to siphon oil from well
      551 25 AP [NEW ORLEANS] Engineers finally figured out how to siphon some of the oil that has been spewing into the Gulf of Mexico for almost a month, but it could be too late to stop the ooze from reaching a major ocean
      AP; AFP  -  551 words
    • Article
      Lock icon Lawyers eye big dollars in suits
      364 25 LAT-WP [WASHINGTON] On April 21, with the Deepwater Horizon drilling rig still in flames, John Degravelles and a group of other lawyers sued for damages. In the first of at least 88 suits filed since the disaster, they were seeking compensation for the widow
      LAT-WP  -  364 words
    • Article
      Lock icon TRANSPORT STOCKS
      278 25 SGX '000 May 17 S$ +/-Vol CH Offshore 0.63 -0.01 1005 Chuan Hup Hldg 0.28 unch 29 Cosco Corp 1.56 -0.01 ***** CWT Ltd 0.94 -0.03 592 Ezra Hldgs 1.90 -0.06 ***** First Ship Lea 0.48 -0.01 1058 Freight Links 0.05 unch 3248 Grand Banks unch unch 0
      278 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Thailand’s slide is still reversible
      472 26 EDITORIAL THAILAND’S financial markets have remained surprisingly resilient throughout the political turmoil in Bangkok (which has now entered a third month), but there are now emerging signs that that could change if the situation does not improve soon. Investor unease has begun to creep in
      472 words
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      Lock icon US, skip the mumbo-jumbo & just balance the budget
      791 26  - US, skip the mumbo-jumbo just balance the budget THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group YOU might think that Europe’s economic turmoil would inject a note of urgency into America’s budget debate. After all, high government deficits and debt are the root sources of Europe’s problems, and
      The Washington Post Writers Group  -  791 words
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      Lock icon No United States of Europe anytime soon
      1273 26  -  The Greek crisis has raised many doubts about the long-term survival of the eurozone LEON HADAR Washington Correspondent THE economic problems affecting the EU go beyond, well, economics, and could have a major impact on global politics. If the current economic shockwaves start
      BLOOMBERG  -  1,273 words
    • Article, Illustration
      Lock icon Indonesia’s promise: caveat emptor
      1069 27  -  The government has yet to build solid, well-managed institutions and an improved, reassuring regulatory environment By MIKA PURRA The writer is a research fellow at the Lee Kuan Yew School of Public Policy in Singapore. He is the co-principal researcher of a multi-year project that examines
      REUTERS  -  1,069 words
    • Article, Illustration
      Lock icon Working for effective corporate governance
      921 27  -  By ERNEST KAN The writer is the president of the Institute of Certified Public Accountants of Singapore CORPORATE governance misalignment is not a new trend and needs to be addressed by the board and all stakeholders. This issue was already evident back in October 2008
      YEN MENG JIIN  -  921 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8877 28 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 $mil 18 5.5 3148 8Telecom 16 unch 326 16 16 15.5 16 1.7 11.3 5.1 76.6 10 5.5 5834 A-Sonic 7.5 +0.5 600
      8,877 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9410 29 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.22/ APS Alpha Fund (USD)!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.67/ Aberdeen Asset Mgt Asia Limited American Opp 0.6457/ Asian Credit Fund 1.247/ Asian
      9,410 words
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  • Page 29 Advertisements
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      248 29 r They say that Gold remains bullish despite SAXO CAPITAL MARKETS A TRADER'S BEST CALL exhibiting declines of a® since December What's your position? When you need to seize market opportunities in Gold and Silver, use SaxoWebTrader. Trade spot, options and forwards. Alternatively, you can also trade gold with futures,
      248 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 30 In local curr In S$ In US$ dy yr dy yr dy yr May 14 Index Change Change Change Change Change Change World Index Preliminary 825.7 -2.4 -0.8 -2.4 -5.3 -2.7 -4.0 EAFE Preliminary 758.8 -2.7 -3.3 -2.9 -11.4 -3.2 -10.3 Europe Preliminary 1072.0 -3.5
      365 words
    • Article
      Lock icon PALM OIL
      66 30 May 17 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 10 2437 2446 2451 2430 770 7078 Jul 10 2425 2436 2440 2417 5026 ***** Aug 10 2416 2425 2430 2406 7210 8016 Sep 10 2409 2421
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    • Article
      Lock icon STOCK INDEX FUTURES
      29 30 May 17 Open High Sett STI May 2810 2810 2828 SIMSCI May 336.4 337.5 336.3 Taiwan May 275.6 275.7 270.1 Source: MF Global (S) Pte. Ltd
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    • Article
      Lock icon SIBOR
      85 30 May 17 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 30 May 17 S$ Bid Offer 1-month 1.3958 1.3972 2-months 1.3958 1.3973 3-months 1.3958 1.3973 6-months 1.3956 1.3972 Source: OCBC
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      380 30 May 17 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.3900 0 1030 Sep10 99.2600 0 568 Dec10 99.1450 0 985 Mar11 99.0050 0 1798 EUROYEN TIBOR FUTURES Jun10 99.6200 99.6225 99.6200 99.6225 0 5942 Sep10 99.6425 99.6425 99.6425 99.6475 1 2901 Dec10 99.6450 99.6450 99.6450
      380 words
    • Article
      Lock icon SICOM FUTURES
      153 30 May 17 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jun 10 365.0 360.0 360.0 22 Jul 10 315.0 Aug 10 290.0 287.0 290.0 22 Sep 10 285.0 281.0 283.0 32 Oct 10 280.0 275.0 278.0 15 Nov 10
      153 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 30 May 17 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 19.08.2010 0.28 1-Year BY*****W 03.05.2011 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 104.12 104.20 104.10 5-Year N*****0N 1.375 01.10.2014 101.89 102.01 101.90
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 30 May 17 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2170 1.2540 Can dollar 1.3340 1.3500 Euro 1.7080 1.7270 NZ dollar 0.9750 0.9970 Sterling pound 1.9970 2.0200 US dollar 1.3830 1.3980 Local dollars to 100 units of foreign
      132 words
    • Article
      Lock icon INTERBANK RATES
      180 30 May 17 $S Offer Bid Overnight 0.02 0.01 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.45 0.35 1 month 0.55 0.35 2 months 0.58 0.38 3 months 0.60 0.40 6 months 0.80 0.60 9 months 1.10 0.90 12
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    • Article
      Lock icon INTERBANK CROSS RATES
      466 30 May 17 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.911 5.977 0.713 6.825 40.041 79.937 0.805 10.099 2.829 1.251 73.818 39.559 1.222 6.648 0.999 27.861 28.438 0.609 0.875 Canada 1.098 6.564
      466 words
    • Article
      Lock icon PRECIOUS METALS
      138 30 May 17 GOLD (US$/oz) May 14 May 17 Hong Kong 1236.30 1239.10 May 14 May 13 London 1222.15 1238.45 1223.15 1239.45 Source: Thomson Reuters CAST BAR May 17 (S$) Selling Buying Kilobar 59,039.39 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 132.68 55 5gm 375.57 275 10gm 670.89
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 30 May 17 May Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2216 1.2231 0.8752 0.8754 Canadian dollar 1.3416 1.3433 0.9612 0.9614 Euro 1.7124 1.7145 1.2268 1.2271 NZ dollar 0.9762 0.9776 0.6994 0.6997 Sterling pound 2.0046 2.0072 1.4362
      155 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2390 30 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 0.5 1106 1 15 12 4.25 48 4085 ASJ W*****1 4 1 4 7 1.88 21 2036 Advance SCT Ltd W*****9 0.5 1 87 2817
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    • Article
      Lock icon LONDON METALS
      71 30 May 14 May 14 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2079.00 2146.00 3 months 2101.00 2170.00 Copper, Grade A (US$/tonne) Cash 6894.00 7127.25 3 months 6926.00 7160.00 Lead (US$/tonne) Cash 1910.25 2035.00 3 months 1940.00 2065.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon CHICAGO BOT
      107 30 May 14 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 10 948.00 960.50 960.50 946.75 Jul 10 953.50 964.50 966.00 951.25 Aug 10 947.50 958.50 958.50 945.50 Sep 10 931.50 942.00 941.00 927.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 10 37.17 37.80 37.47
      107 words
    • Article
      Lock icon LIFFE
      77 30 May 14 COCOA (£/tonne) Close Prev High/Low Jul 10 2218 2256 2253/2212 Sep 10 2192 2229 2228/2186 Dec 10 2157 2196 2193/2153 Mar 11 2141 2174 2164/2135 COFFEE (US$/tonne) Close Pev High/Low May 10 1328 1354 1360/1327 Jul 10 1376 1402 1402/1370 Sep 10 1411 1437 1435/1407 SUGAR (US
      77 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 30 CRUDE OIL PRODUCTS May 14 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 78.98 -2.98 WTI (Near Mth) 71.66 -2.44 Dubai (1-Mth F) 79.12 -2.30 Tapis blend 85.15 -2.40 Minas 84.65 -2.35 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 80.50 -0.17 Jet Kerosene 90.15 -2.35 US$/barrel Opec Oil
      77 words
  • Page 30 Advertisements
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      Lock icon Page 30 Advertisements Column 1
      184 30 a parent looking fol save on remittances for ,/SS. my child's education^ k I am V the smarter way of sending money overseas LL DBS foreign exchange rates leave more in your wallet when you send money overseas. One of the most competitive foreign exchange rates around Preferential foreign exchange
      184 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Vacant homes aplenty but building goes on in Vegas
      976 31 City trying to fuel recovery by building, which creates more jobs NYT [LAS VEGAS] In a plastic tent under a glorious desert sky, Richard Lee preached the gospel of the second chance. The chance to make money on the next housing
      NYT; BLOOMBERG  -  976 words
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      246 33 Bloomberg [LONDON] Britons looking to buy a new home believe that owning their own property is a higher priority in life than getting married or starting a family, according to a ComRes Ltd poll. Asked to rate the importance of home ownership, 71
      Bloomberg; BLOOMBERG  -  246 words
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      Lock icon Hillview Terrace site up for collective sale
      273 33 [SINGAPORE] A smallish site in Hillview Terrace is up for collective sale with unanimous consent from the owners. The site which covers numbers 12 to 24, even numbers only is expected to fetch almost $49 million, or $617 per sq ft per plot
      273 words
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      Lock icon Sunshine 100 aims to list IPO in HK this year
      487 33 But it is also wary of govt measures on properties, which will depress markets Reuters [BEIJING] Chinese property developer Sunshine 100 aims to list shares in Hong Kong this year, although it is also watching whether the government imposes more
      Reuters  -  487 words
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      Lock icon Bringing bids in govt residential land tenders down to earth
      1235 34  -  To encourage more rational bids and impose greater discipline on developers, close tenders for several sites at the same time, suggests KALPANA RASHIWALA NEWS ANALYSIS KALPANA RASHIWALA GOVERNMENT land tenders for private residential land are seeing an anomaly of sorts.
      Compiled by Credo Real Estate  -  1,235 words
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      270 31 Collective Sale By Tender Residential Site along Hillview Avenue Not drawn to scale. For reference only. Investment 6293 3228 100 owners' consent Site area 49,164 sf approx Residential, PR1.92 Freehold Lush greenery surrounding, at the fringe of Bukit Batok Town Park Submission Closing: Tues, 22 June 2010, 3 pm www.dtz.com
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      133 31 ST REGIS RESIDENCE! FOR SALE IN D10 4Bdrm-3897Sqft Asking $12 Million PentHouse- 6017Sqft Asking $30 Million Full Condo Facilities Near Tanglin Mall TOKIO PROPERTY SERVICES PTE LTD 9670 0285 Toru Takano 6737 5187 Kristy Singapore Sky Villas in St Thomas Suites S$10.28M Only ($2200psf) Freehold. Built-up: 4,672 sq ft with
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      719 31 WATci Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES SEB Skandinaviska Enskilda Banken Head Office: Kungstradgardsgatan 8, Stockholm, Sweden BALANCE SHEETS 31 December SEB Group INCOME STATEMENTS SEB Group 2009 2008 SEKm SEKm Under the Swedish Act on deposit guarantee issued by the Swedish Government, a deposit at a branch of a
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      574 32 Asian Real Estate Comes of Age at Cityscape Asia 2010 World's largest B2B real estate investment development exhibition and conference returns to Singapore Jv ■01 m n I 1? H I*L23e IS t- -i tH K 3 c i I c r < i' risi V. t/ Q I I
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      902 33 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg Nordea® Nordea Bank Finland Pic Statement of accounts for the year ended 31 st December 2009 Subsidiaries of Nordea Bank Finland Pic Domestic Credit institutions Nordea Finance Finland Ltd Financial institutions Tukirahoitus Oy Real estate companies VKR-Kiinteistot Oy Ab Kiinteisto Oy Tampereen Kirkkokatu 7
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      357 33 OFFICE SPACE FOR REGENCY HOUSE V 1 I i :x\ v V 1 I i 1 H H t II s> I u I m tifisimsf P/Vcy "&USE t» Unit sizes from 1,700 sq ft to 8,030 sq ft Minutes walk to Dhoby Ghaut and Somerset MRT Stations Conveniently located
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      232 34 Hilltop Residential Site Ideal for Strata Landed Housing I Spectacular views and glimpse of the sea I Elevated hilltop site I Large site (approximately 61,240 sq ft) I 3 storey mixed landed development control I Freehold I For sale by Public Tender Tender Closing Date: 25 May 2010, at 4pm
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      164 34 RARE PRIME OFFICE STRATA FLOORS FOR SALE BY EXPRESSION OF INTEREST Actual view from 24 floor Contact: CB Richard Ellis (Pte) Ltd Investment Properties Mr. Emile Reis (8282 7708) Tel: 6224 8181 6 Battery Road #32-01 Singapore *****9 Top 3 (22nd to 24th) floors of Tung Centre, Raffles Place Strata
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