The Business Times, 8 June 2010

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Total Pages: 33
1 34 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg SfJl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Tuesday, June 8,2010
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  • 779 1  -  Analysts say that the big sell-off has made some stocks very attractive By TEH HOOI LING [SINGAPORE] Investors ducked for cover yesterday as Asian stock markets drowned in a sea of red ink spooked by soft US jobs data on
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  • 750 1  -  Healthy profits forecast; Asia to gain, led by premium segment By VEN SREENIVASAN JUST three months back, the global aviation industry was bracing for another year of crippling losses. But in a turnaround that is as surprising as it is welcome,
    REUTERS  -  750 words
  • 142 1 ST INDEX 2,751.88 (-54.63) ST INDEX FUTURES 2,752 (-52) SIMSCI 323.56 (-7.78) SIMSCI FUTURES 323.00 (-8.90) FOREX US$ S$ US$ (S$ per US$) 1.419 (US$/S$ per 1.443 2.047 EURO (US$/S$/E) 1.193 1.692 Foreign currency per US$ S$ YEN 91.40 64.50 RM 3.332 2.349 HK$ 7.800 5.499 BAHT 32.67
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  • Page 1 Advertisements
    • 181 1 INDUSTRIAL SPACE Pushing the envelope in land use PAGE 32 ARTS FEST Red Demon instilling respect PAGE 10 PROPERTY Syariah-compliant data centre fund raises US$100m PAGE 33 PRUDENTIAL MEETING CEO takes heat, pledges healing PAGE HUBLOT GENEVE (J ,1 Wa i i S r. §P «\\vn KING POWER The Newest
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    • 11 1 New look at aviation with promises of big profits, Page 2
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  • TOP STORIES
    • 558 2 Airlines fly out of stormy weather into sunny skies JUST three months back, the global aviation industry was bracing for another year of crippling losses. But in a turnaround that is as surprising as it is welcome, the world’s airlines could now collectively post a profit of US$2.5
      558 words
    • 518 2  -  Move comes after it bought out Ananda Krishnan’s stake in property group By NISHA RAMCHANDANI [SINGAPORE] The Lippo Group is looking to pare its stake in property group Overseas Union Enterprise (OUE) via a share placement of up to 52 million
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    • 1038 2  -  Iata chief says industry must consolidate, halve its carbon emissions Reports by VEN SREENIVASAN THE current structure of the airline industry cannot deliver sustained profits, said Giovanni Bisignani, the outspoken chief of the International Air Transport Association (Iata). He
      AFP  -  1,038 words
    • 437 4  -  Sales up 27% in five months while Asia sees 33% surge By MICHELLE QUAH [SINGAPORE] Still smarting from the debacle that was the failed takeover of AIA last week, Prudential plc had some better news to report yesterday. Britain’s largest
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    • 595 4 Insurer says sorry for huge cost of failed bid, but resists calls for heads to roll Reuters [LONDON] British insurer Prudential’s management sought to ease shareholder anger over its botched bid for AIG’s Asian unit at a meeting yesterday, apologising for the
      Reuters; BLOOMBERG  -  595 words
    • 504 4  -  Nomura says undue pessimism opening up opportunities By TEH SHI NING [SINGAPORE] Investors should raise exposure to developed equity markets while reducing exposure to Asian stocks, says Nomura’s chief Asia strategist Sean Darby. This is not to understate the eurozone’s ongoing debt woes but to
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    • 299 4  -  By LEE U-WEN [SINGAPORE] German premium carmaker BMW has overtaken Toyota to become the world’s most valuable automotive brand, according to the latest annual rankings compiled by US market researcher Millward Brown. Its success was all the more impressive given that its brand value
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  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 110 3 Turkey has over three times as many acres of vineyards as South Africa. Next time you share a Chardonnay, have a peek at the label. It might surprise you. A new country is pleasing the palate of wine connoisseurs. And while it plants, nurtures, treads and tastes, it helps an
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  • Page 4 Advertisements
    • 266 4 BUILDING FUTURES One success story at a time Your Destination for Professional Financial Qualifications KAPLAN FINANCIAL KAPLAN SCHWESER Discounts available for PAssion and SAFRA card members CFA S$66o NET AFTER FUNDING* Seats are filling up fast! Preparatory Course for Chartered Financial Analyst® Registration Open for Level I December 2010 Exam
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  • COMPANY NEWS
    • 446 5  -  Redevelopment of Specialist Centre, Hotel Phoenix site to cost some $550m By CONRAD TAN OCBC Bank has appointed property group United Engineers to build a hotel and shopping mall at the former Specialists’ Shopping Centre and Hotel Phoenix site at Somerset. The project
      446 words
    • 354 5  -  Equipment worth over $2m used to decommission large offshore platform By OLIVIA HO KTL Global yesterday delivered a heavy lift package worth over $2 million to a platform decommissioning project in Japan. The platform, located in 150m-deep waters 40km east of Naraha
      354 words
    • 406 5  -  By CONRAD TAN CAP ASIA, a private-equity joint venture between Malaysia’s CIMB Bank and South Africa’s Standard Bank, aims to double its assets under management to about US$1 billion in two years, as it seeks infrastructure investments in Asia. Formerly known
      406 words
    • 517 8  -  Daxin Petroleum says bunkers supplied to Verona I not paid up By JAMIE LEE A VESSEL owned by First Ship Lease (FSL) Trust has been seized at a Japanese port by Daxin Petroleum on claims that Daxin has not been paid for
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    • 357 8  -  By OLIVIA HO FRASER and Neave Limited (F&N) announced yesterday the sale of a Vietnam unit for about $5.37 million, as the group continues to streamline its food and beverage business. It said wholly owned F&N Foods has entered into a conditional
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    • 383 8  -  SPH unit holds completion ceremony for Sky@eleven By UMA SHANKARI SINGAPORE Press Holdings’ property unit is on the look-out for residential sites to buy, says the unit’s executive director Seow Choke Meng. Times Development, a wholly owned subsidiary of the media group, yesterday
      NEO XIAO BIN/THE STRAITS TIMES  -  383 words
    • 320 8  -  By CONRAD TAN THE chief executive of Cascal, the New York-listed water company that is the target of a hostile takeover by Sembcorp Industries, has resigned from its board. Stephane Richer is stepping down as a director of Cascal but will continue as
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    • 202 8 Contract worth US$8m is with Geokinetics unit OTTO Marine’s subsidiary, Reflect Geophysical, has entered into a contract worth at least US$8 million to perform a seismic data survey in the Gulf of New Guinea. The deal is with Geokinetics International Services Inc, a
      202 words
    • 206 8 It supplied satellite connectivity for wireless data transmission SINGAPORE Telecom has dialled deeper into the Philippines by scoring a satellite services deal for the country’s first automated presidential election. SingTel, which owns a 47.3 per cent stake in Philippine mobile operator Globe Telecom,
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    • COMPANY BRIEFS
      • 72 8 RAFFLES Education Corporation announced yesterday that private equity firm AIF Capital Asia III has decided not to proceed with the acquisition of a 10 per cent stake in the group’s Oriental University City Limited for a consideration of 350 million yuan (S$72.6
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      • 87 8 CHINA Essence said its executive director Tang Xiyi has stepped down with effect from yesterday, saying he was unable to devote sufficient time to discharge his duties as a director due to personal commitment. Mr Tang was responsible for the overall management of operations
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      • 87 8 SP AusNet has expressed its disappointment with the Australian Energy Regulator’s (AER) draft price determination for Victoria’s electricity distribution businesses for 2011-2015. In its draft determination, the AER has reduced SP AusNet’s proposed capital expenditure by 30.5 per cent and operational expenditure by 24.2
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      • 138 8 WATCH retailer Cortina Holdings said that while its store at Thailand’s Central World Plaza was not burned down by the fire caused by riots on May 20, it had assessed the damage to the retail outlet caused by water and ash to be
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    • 398 9  -  CEO says residential, retail projects catering to mass market top agenda By EMILYN YAP CAPITALAND could raise its investments in Vietnam to US$2-2.5 billion in three to five years, from US$1.2 billion today. At the top of its agenda are residential and retail projects catering
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    • 354 9  -  By EMILYN YAP CAPITALAND’S service residence arm, The Ascott Limited, is looking to doubling the number of operating apartments it has in Vietnam in the next three years for some US$100 million. Ascott could also be spinning off a property in the country
      354 words
  • Page 5 Advertisements
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    • 107 5 $5 billion to manage 1,000 securities to choose 200 sources of information helping you find success Credit Suisse Equities One portfolio to manage, but thousands of stocks to choose. With Credit Suisse Equities, you get the resources you need global research with local perspective, rigorous quantitative analysis, reliable modeling, and
      107 words

  • SINGAPORE MARKETS
    • 608 6  -  Singapore loses 1.9%; Japan 3.8%; Australia 2.8% and Hong Kong 2% following Friday’s sell-off on Wall Street STOCKS R SIVANITHY Senior Correspondent NOTunexpectedly,the Straits Times Index dropped 54.63 points, or 1.9 per cent, to 2,751.88 yesterday in response to heightened worries about Europe’s debt problems
      Source: Bloomberg  -  608 words
    • 186 6 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 8 3 0 0 0 3 8 3 Manufacturing 9 105 40 1 8 12 10 113 52 Commerce 5 32 17 2 5 2 7 37 19 Tpt/Stor/Comms 3 28 8
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    • 119 6 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,875 16,875 69,330 69,330 Manufacturing 157,433 6,814 164,247 180,949 234 181,182 Commerce 65,600 2,584 68,184 116,083 825 116,908 Tpt/Stor/Comms 107,366 38 107,404 195,608 5 195,613 Finance 18,932 55 18,987 196,506 6 196,512 Construction 11,058 8,450
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    • 88 6 nam? clwe Q1K19# ny uinai* r.iini.il mill »W flUftl tiipypBVW" eiT LnyO'i 044. Corn^TtOtilttPC' •••uat DO* Grv 4»j •-Ml Kklf m« *"«A> L**C» 4JLL» iri ruim 4W 'JUIUI -ilpi 4UH vu *Et*T tut TUB imxr* CfcT I'i Uj fl*H tMptfgp %41 •IILMU4t- 1 Ol SJoMugt Dm#
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    • BROKERS’ TAKE
      • 168 6 June 7 close: $0.585 KIM ENG RESEARCH, June 7 CITYSPRING Infrastructure Trust reported a 3 per cent slide in FY March 2010 revenue to $388.1 million, which was in line with expectations. City Gas continues to register firm consumption of its town gas, what with the opening
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      • 640 6  -  UOB-KAY HIAN RESEARCH, June 3 Compiled by JAMIE LEE RETURN Of Pricing Power: Our channel checks indicate that hoteliers have increased room rates by 5-8 per cent since the beginning of this year. This comes on the back of sustained high occupancy levels of above 80 per cent,
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    • 521 6 CURRENCIES Reuters [LONDON] The euro stabilised after hitting a four-year low against the US dollar yesterday as a pick-up in global share prices from early losses prompted some investors to cover short euro positions. European corporate demand helped to lift the euro after
      Reuters; AP  -  521 words
    • 4 6 DAILY
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    • 65 6 Jun 7 VALUE CLOSE BT OB/OS 98.00 +37.00 BT CADI -*****.00-285.00 BT 10-day MA -*****.00 +10.00 FTSE ST Mid Cap 663.68 -11.28 FTSE ST Small Cap 505.85 -11.86 FTSE ST All Share 677.69 -13.29 FTSE ST China Top 249.75 -5.82 FTSE ST China 281.43 -1.83 FTSE ST
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    • 56 6 VOLUME Genting SP 51,938,000 Golden Agri 29,306,000 Noble Grp 26,629,000 Cosco Corp 23,795,000 SingTel 23,431,000 NOL 20,825,000 Z-Obee Hldgs 13,548,000 Armstrong 12,842,000 SembMar 11,950,000 Mermaid 11,883,000 VALUE($) UOB 71,742,246 DBS Grp 68,722,156 SingTel 67,747,551 Genting SP 52,624,705 Wilmar 50,311,050 Noble Grp 47,067,210 Keppel Corp 44,560,600 SembMar 44,136,220
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    • 113 6 BY CENTS CLOSE UP DBXT S&P Short 10US$ 5536 323.3 4.3 Thai Prime Fd 806 263.7 30.0 GLD 10US$ ***** 114.8 0.7 DBXT FTVietnam 10US$ 4414 21.3 0.3 DairyFarm 660 17.0 1.9 Westech Elec 10 360 14.0 4.0 UOB 5.05%NCPS 100 ***** 10.0 0.1 WesTech 370 10.0 2.8 STI
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    • 122 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-531.7 -3.4 DBXT MSKorea 10US$ 4270-290.6 -4.6 DBXT MSAsExJp 10US$ 2571-130.4 -3.5 DBXT DBLCI-OY 5US$ 3029-121.9 -2.8 DBXT MSEurope 10US$ 3500-113.4 -2.2 Lyxor Europe 10 US$ 1026-102.1 -6.6 Lyxor China H 10US$ 1421 -92.2 -4.4 Jardine C&C 2902 -90.0 -3.0 Pru 500US$
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    • 87 6 Where S$ stands Jun 7 CHNG YR 2010 CLOSE FR Jun 4 S$ LOW S$ HIGH US$ 1.4175 -1.08 1.4219 1.3680 Euro 1.6934 1.14 2.0153 1.6934@ Pounds 2.0462 0.57 2.2831 2.0003 A$ 1.1540 2.83 1.2960 1.1515 Yen* 1.5466 -2.31 1.5927 1.4467 Rupiah* 0.***** -0.32 0.***** 0.***** Baht* 4.3415 -0.94
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  • A SPECIAL SERIES BROUGHTTO YOU BY SHAREINVESTOR
    • 993 7 Investor's Guide "o Trading v THE number of exchange traded funds (ETFs) listed on the Singapore Exchange (SGX) has mushroomed to more than 60 since the bourse started offering them in 2001. And turnover in these investment funds has been climbing as investors cotton
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    • 918 7 > Investor's Guide To Trading v FINANCIAL markets have been volatile for many months. Stock markets round the world dove dramatically following the painful demise of US investment house Lehman Brothers in September, 2008, to multi-year lows in March last year before staging a spectacular rebound.
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  • Page 8 Advertisements
    • 187 8 adv IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MARICA SHIPPING PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION! (COMPANY REGISTRATION NO. *****2207M) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of
      187 words

  • Page 9 Advertisements
    • 200 9 7 "INTERNATIONAL HALAL SHOWCASE A| MATRADE Exhibition Convention Centre (MECC) A I I I A C" alan Duta ua a Lum P ur Malaysia A/l I H A 3 23 rd -27 th JUNE 2010 The spreading influence of halal. Be part of it. Only at MIHAS 2010. The International
      200 words
    • 138 9 J A m J I harvest pportunity rom risk. JOSE AROLDO GALLASSINI President, < Coamo Agroindustrial Cooperative r. x i l r n i. wT'I ■i Xa£$ .^fAv s -A. 1 srr£* x 7 ■f IV n Vk-9 j-'lifr 1 •i m im ski c ti it •JtSKHtlSlllM IIUKflll tllKltltKIHIB
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  • SINGAPORE NEWS
    • 399 10  -  Poll: 27% of S’pore firms expect to raise headcount in Q3, 67% see no change By TEH SHI NING JOBS growth in Singapore will ease in the third quarter. But employers here especially in the services sector remain among the most optimistic worldwide. The
      399 words
    • 471 10  -  Village mayor Teo Ser Luck will be ‘the face of S’pore’ By LEE U-WEN DAILY housekeeping and laundry collection. Highspeed Internet. Massage services. A movie theatre, pool tables and even a dance club. These are just some of the many amenities that 5,000
      THE STRAITS TIMES  -  471 words
    • 539 10  -  SINGAPORE ARTS FESTIVAL By CHEAH UI-HOON THAI artist Pradit Prasartthong learned Likay, a Thai folk opera, when he was growing up, because he thought it was a dying art. But when the 40-something performer moved to Bangkok more than 10 years ago,
      539 words
    • 313 10  -  By NISHA RAMCHANDANI THE Ministry for Trade and Industry (MTI) has, after consultation with the Ministry of Health (MOH), turned down a request from the Singapore Medical Association (SMA) to exclude SMA’s guidelines on fees (GOF) from the Competition Act. SMA voluntarily removed its
      313 words
    • 226 10 INDIA’S Road, Transport and Highways Minister Kamal Nath told a Singapore trade and investment forum yesterday that developing infrastructure is vital to India’s economic growth. The forum, organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) with the Singapore Business Federation and
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  • Page 10 Advertisements
    • 77 10 CATS RECRUIT FEATURE FOCUS The Business Times, 23 June 2010 CAREERS IN WEALTH MANAGEMENT Take advantage of this special recruitment feature in The Business Times to highlight your career opportunities and attract the best talent within the wealth management arena. f iO m "f t It I N I I
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      77 words

  • SINGAPORE ARTS FESTIVAL
    • 516 11  -  Taiwanese dancer Su commands full attention with her focus and control, says MELISSA QUEK MELISSA QUEK IT isn’t often that we see a dance piece that pulls no punches and doesn’t compromise on its intent. Saturday’s performance of heroïne by Kobalt Works was exactly
      516 words
    • 522 11  -  Local artists Wong, Kuning share stage with Japan’s Ito By NATALIE KOH WITH his black hoodie and self-invented instrument called the Optron essentially a fluorescent tube Atsuhiro Ito resembled a Sith Lord from Star Wars. But his music, though hard on the ears at
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  • Page 11 Advertisements
    • 3154 11 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SINGAPORE POST LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: *****1623M NOTICE OF ANNUAL GENERAL MEETING NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE 18TH ANNUAL GENERAL MEETING of the Company will be held at 10 Eunos Road
      3,154 words

  • SME Inc
    • 1071 12  -  Special performance chemicals firm EPChem encourages a DIY attitude at work, reports JASLENE PANG JASLENE PANG WHILESinga-poreanstravellingto the US may see theappreciation of the Singapore dollar against the greenback as a boon to their shopping prospects, for companies such as EPChem International, the flip side of
      ARTHUR LEE  -  1,071 words
    • 789 12  -  SME Infocomm Package seems to be most popular By CHEN HUIFEN VERY few start-ups knew about the government grants and supporting programmes available at various agencies in Singapore, suggesting that more needs to be done to raise awareness level, a study said.
      789 words
    • 406 12  -  By TEH HOOI LING IT’S one bit of bad news after another. European debt worries, continued monetary tightening in China and now, slower-than-expected job creation in the US. All of this raises the question: Is the global economic recovery still on track? Some
      406 words
    • 922 13  -  Cultured Greens’ processed fruit and vegetable products tap a need in the labour-intensive F&B industry, reports JASLENE PANG JASLENE PANG WITH the impending increase in the foreign worker levy, the food and beverage industry will find it dearer to hire foreign labour. And Cultured Greens
      PHOTOS: YEN MENG JIIN  -  922 words
    • 792 14  -  Regardless of what a company says, trust only gets earned by action By ROBERT K FLEMING Robert K Fleming is adjunct associate professor in the department of marketing, NUS Business School. He specialises in customer relationship management, metrics, CRM ROI, and change management.
      792 words
    • 785 14  -  By EILEEN TAY IN a bid to capitalise on the upswing in the healthcare industry, electronics equipment manufacturer Nutek is now hoping to buffer itself from the cyclical nature of its sector by penetrating the medical technology market. An increase in governments’
      ARTHUR LEE  -  785 words
    • 523 14 THIS WEEK’S TOPIC One effect of the financial crisis is that interest rates for loans to SMEs are now much lower than they were previously. Has your company taken advantage of the lower interest rates to borrow for expansion? Do you expect low
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  • Page 12 Advertisements
    • 73 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
      73 words
    • 5 12 Celebrating Singapore’s Enterprising Spirit 2010
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  • Page 13 Advertisements
    • 299 13 Canon Delighting You Always excel in environments which make them happier. 55 Michael Toh Managing Director Air Division w "A home can be an intimate haven to renew yourself, dream and lead your private life, with things that seduce, shape, and evoke an emotional response. Like your workspace, which frees
      299 words

  • Page 14 Advertisements
    • 25 14 www.omy.sg VI XX http://south-africa-2010.omy.sg j s t/P otJca^: v odcaswp < Jv ®D«»3 h «p /,b.o 9 m a,,iCa 2 Lingzhi@South Africa http ,«„m e r.con»,.ingzhiSA2010
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    • 89 14 Voices Next week’s topic: “As the world celebrates the kick off of the 2010 World Cup in South Africa this week, which teams do you think will reach the quarter-finals?” If you are an SME owner or leader, we would like you to share your views on this topic. Please
      89 words

  • ECONOMY WATCH
    • 676 15 But tough new rules on economic ‘government’ and penalties face strong opposition AFP [LUXEMBOURG] Euro finance ministers prepared yesterday to fix terms of access to 440 billion euros (S$744 billion) in emergency government loans and negotiate new rules for cross-border governance anchored in
      AFP  -  676 words
    • 604 15 Europe debt woes, weak US jobs, China slowdown pose risks Reuters [WASHINGTON] The global economy looks likely to avoid a relapse into recession, although the next six months may be anaemic, with three main causes for concern. Fears of Europe’s festering debt troubles refuse to subside.
      Reuters  -  604 words
    • 788 15 AP Reuters [TOKYO] The leading contender to become Japan’s new finance minister, Yoshihiko Noda, said yesterday that he wants to set a path for fiscal reform, a sign that he shares Prime Minister-elect Naoto Kan’s zeal to fix the country’s tattered finances. Mr Kan,
      AP; Reuters; BLOOMBERG  -  788 words
  • Page 15 Advertisements
    • 22 15 Ladies CjentCemen yve cordially invite you To lease or se(Tyour property witH TMTORIO 'FRCYPFRTXj GWJUT TCease R.S.V.T Warmest Regards, EVA 9634 9769
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    • 626 15 BEATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF STRAITS EQUITIES PRIVATE LIMITED (Co. Registration No. *****5317R) NOTICE OF RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members of the
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    • 1161 15 WESTCOMB FINANCIAL GROUP WESTCOMB FINANCIAL GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****4762G) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") of the shareholders of Westcomb Financial Group Limited (the "Company") will be held on 30 June 2010
      1,161 words

  • MALAYSIA/INDONESIA
    • 579 16  -  Developing supplies in environmentally responsible ways is the real challenge By in PAULINE NG GLOBAL demand for energy is expected to grow slightly more than a third by 2030 from 2005 as developing economies grow, an Exxon Mobil executive said yesterday. But this
      579 words
    • 346 16 German carmaker cites other priorities for declining tie-up AP [KUALA LUMPUR] Malaysian national carmaker Proton said yesterday that Volkswagen AG will not collaborate with it because the German automaker “has other priorities,” the second time talks between the two have failed. It shares
      AP; REUTERS  -  346 words
    • 517 16 Indonesia’s sound economic fundamentals key reason for central bank’s optimism Reuters [JAKARTA] Indonesia has experienced capital outflows in recent weeks as a result of the European debt crisis, the central bank said in a report, but added these were likely to be temporary because
      Reuters  -  517 words
  • Page 16 Advertisements
    • 98 16 ENTERPRISE Celebrating Singapore's Enterprising s P' Q Reach For The Stars Submit Your Entry For The E50 Awards Now If you are a home-grown, privately-owned business with three years of audited statements, and have achieved strong business performance, submit your entry for the 2010 Enterprise 50 Awards now. For more
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  • GREATER CHINA/INDIA
    • 630 17 It will hike monthly salaries by 70% to 2,000 yuan from Oct AFP [TAIPEI] Taiwanese IT giant Foxconn, hit by a series of suicides, said yesterday it would hike wages at its plants in the south Chinese city of Shenzhen, a move
      AFP  -  630 words
    • 554 17 Bloomberg [MUMBAI] Reliance Communications, India’s second-largest wireless carrier, may sell a 26 per cent stake to help pay debt and upgrade networks. AT&T Inc is in early talks about investing in the company, the Wall Street Journal reported yesterday, citing people familiar with the
      Bloomberg  -  554 words
    • 649 17 Planned rights issue reduced by 20%; move could hurt other banks’ plans Reuters AFP [SHANGHAI] Bank of Communications (BoCom) has slashed its fund-raising plan to take account of weak markets, in a move that bodes ill for rival AgBank’s plans to raise
      Reuters; AFP  -  649 words
    • 473 17 Reuters AP [BHOPAL] A court yesterday found the Indian unit of US chemicals firm Union Carbide and seven Indian former employees guilty of negligence over one of the world’s worst industrial accidents that killed thousands in 1984. Early on Dec 3,
      Reuters; AP  -  473 words
  • Page 17 Advertisements
    • 1285 17 MAT-3 NOTICES IN THE MATTER OF THE COMPANIES ACT (CAP.50) AND IN THE MATTER OF SHELL GLOBAL SOLUTIONS (SINGAPORE) (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) COMPANY REGISTRATION NO. *****1291 H NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE BEEN
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  • Page 18/19 Advertisements
    • 186 18/19 MGPA YEARS AHEAD IN HUMAN DESIGN EVEN MORE VISIONARY IN ITS LOCATION P COLUMN-FREE 5,000 OFT 1 FLOOR PLATES PUT PEOPLE IN TOUCH H mmfj mf .up m OUR SMART m Li, IN u- > > > i «> r I wm i m i fti ti fr" I r
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  • ASIA-PACIFIC/WORLD
    • 563 20 Macau has already leapfrogged Las Vegas in terms of gaming revenue AFP [HONG KONG] Macau will this week host a three-day gaming expo as the former Portuguese colony powers ahead as the world’s biggest gambling centre, defying dire predictions of a slowdown. Several
      AFP  -  563 words
    • 518 20 Bloomberg [BUDAPEST] The global economy will avoid a “double dip” recession and falling stock prices have created buying opportunities in east European countries including Hungary, Templeton Asset Management Ltd’s Mark Mobius said. “Globally there will not be a double dip,” Mr Mobius, who oversees
      Bloomberg; REUTERS  -  518 words
    • 368 20 Bloomberg [CANBERRA] Australian police are investigating whether Google Inc, owner of the world’s most popular Internet search engine, breached data security laws by downloading information from wireless networks for its Street View service. “There were issues of substance that were raised that required a
      Bloomberg  -  368 words
    • 405 20 Reuters [SYDNEY] Australian job advertisements in newspapers and on the Internet rebounded in May in a hopeful sign for continued strength in the labour market despite global unease and higher interest rates, a report showed yesterday. The survey by Australia and New
      Reuters; REUTERS  -  405 words
    • 323 20 Economy may exceed 5% growth target: senior official Reuters [SEOUL] The recovery in private sector economic activity will continue to gather pace in the second half of the year despite the waning effects of fiscal stimulus, a senior finance ministry official
      Reuters  -  323 words
    • 184 20 AFP [VIETNAM] South-east Asian nations must coordinate efforts to cut cross-border red tape and promote regional road transport as they move towards a common market, industry players said yesterday. Better links among the 10-member Asean could reduce transport costs while boosting intra-regional
      AFP  -  184 words

  • WORLD
    • 937 21  -  Sovereign debt problems in US, Europe bolster Asian giant’s influence on financial markets By ANDREW MARKS RUMOURS last week that the agency that manages China’s US$2.5 trillion of foreign reserves was reviewing its euro debt holdings spooked stock markets, sending the Dow Jones
      937 words
    • 632 21 He puts blame for deep spending cuts on his predecessor Bloomberg [LONDON] British Prime Minister David Cameron, preparing voters for the deepest spending cuts in a generation, said the previous Labour government left the public finances in a weaker state than he anticipated.
      Bloomberg  -  632 words
    • 605 21 AFP [MASERU, Lesotho] Some footballers wear just one shoe, some wear none at all, and one is playing in a uniform of underwear and a polo shirt. The song, playing on repeat, is hip-hop artist K’Naan’s Wavin’ Flag, the unofficial anthem of the
      AFP  -  605 words
    • 361 21 Growth over next 2 years won’t be very sustainable, he says Bloomberg [SINGAPORE] US growth may be hurt by a weak currency and higher taxes, said Steve Forbes, chief executive officer of Forbes Inc. “We’re going to see growth this year
      Bloomberg  -  361 words
    • 325 21 AFP [PARIS] The head of the eurozone finance ministers’ grouping Jean-Claude Juncker on Sunday urged tighter financial cooperation and governance in the bloc but played down fears for the single currency. “I was surprised by the speed of the (euro’s) fall, but I’m not worried
      AFP  -  325 words
  • Page 21 Advertisements

  • EDITORIAL & OPINION
    • 460 22 EDITORIAL INDIA registered an impressive economic growth rate of 8.6 per cent in the first quarter of the year, clocking 7.4 per cent for the full year to March. This exceeds the previous year’s 6.7 per cent and the most recent official projection of 7.2
      460 words
    • 1183 22  -  Its adoption of new standard hasn’t affected private banking, wealth management sector By EDMUND LEOW ,SIMON MICHAELS Edmund Leow is a principal and Simon Michaels is a senior associate at Baker McKenzie. Wong Leow SOME might argue that the well-established principle
      STOCK.XCHNG  -  1,183 words
    • 792 22  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group AN intriguing aspect of the BP oil spill is that, before the accident, deepwater drilling seemed to be a technological triumph. About 80 per cent of the Gulf of Mexico’s recent
      The Washington Post Writers Group  -  792 words
    • 1359 23  -  Like most major economies, the country is having a hard time restoring its policy settings to pre-crisis norms STEPHEN ROACH The writer is the chairman of Morgan Stanley Asia and author of ‘The Next Asia’ (Wiley 2009 and Wiley-India May 2010) INDIA sailed through
      AP  -  1,359 words
    • 712 23  -  JOCHEN WIRTZ The writer is an associate professor in Marketing, NUS Business School. He specialises in Services Marketing. Michael Ehret collaborated in this research project MANY markets, especially as competition stiffens, are a battleground for a share of the customer’s wallet. Marketers, in the
      712 words
    • LETTERS TO THE EDITOR
      • 174 23  -  Lim Bee Khim Director (Corporate Communications) Ministry of Finance MR Tan Kok Tim (“Use GST rebates in a better way”, BT June 3) suggested it is unfair to give Singaporeans GST credits based on their place of residence alone,
        174 words
      • 175 23  -  Denis Distant I REFER to the article “Make retail players more sophisticated” (BT, June 7) which focuses on the shortcomings of retail investors and, in particular, the shareholders of companies which have ended up on Singapore Exchange’s (SGX) Watchlist. However, SGX too has
        175 words


  • AVIATION
    • 483 24 Swire will acquire Cathay’s 15% stake and make an offer for remaining shares Reuters Bloomberg [HONG KONG] Swire Pacific Ltd, the biggest shareholder in Cathay Pacific Airways Ltd, offered HK$9.4 billion (S$1.7 billion) for outstanding shares of Hong Kong Aircraft Engineering Co
      Reuters; Bloomberg; REUTERS  -  483 words
    • 315 24 Bloomberg [BERLIN] Thai Airways International, the nation’s largest carrier, will probably report a sec-ond-quarter loss similar to last year’s level after anti-government protests in Bangkok kept travellers away. The airline lost about US$90 million in revenue last month and this month will also “not be
      Bloomberg  -  315 words
    • 356 24 Bloomberg [BERLIN] Deutsche Lufthansa sees no risk that Standard Poor’s will cut its in-vestment-grade rating even after losses from the volcanic ash cloud and a pilot strike, chief executive officer Wolfgang Mayrhuber said yesterday. An upswing in cargo traffic and growing
      Bloomberg; AFP  -  356 words
    • 222 24 Bloomberg [PARIS] Boeing is unlikely to go ahead with the 787-3 variant of its new Dreamliner model, a company executive said. “I’d be really surprised” if that type of the 787 got built, James Albaugh, Boeing’s head of the commercial division, said in Berlin
      Bloomberg  -  222 words
    • 2937 24 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ458 1410 Adelaide LH9771 1745 LH9770 2350 SQ268 1745 SQ269 2350 VS7268 1745 VS7269 2350 9W4081 1820 VS7279 2350 AF8087 1820 BA7381 1820 JL5084 1820 QF81 1820 Ahmedabad NH6292 1900 SQ530 1900 Amsterdam LO4031 0605 AZ3993 0025
      2,937 words
    • 3335 25 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.
      3,335 words
  • Page 24 Miscellaneous
    • 332 24 CRYPTIC CROSSWORD Across 1 Keep mum in shot (5,2) 5 Couple without one fit story (7) 9 Performer’s developing attributes, but gone missing (7) 10 Olive, for example fine as source of fuel (3,4) 11 Just why we hear story’s a lie (5,4) 12 Delicacies that may come after wedding?
      332 words

  • Page 25 Advertisements
    • 27 25 Shipping lines seeking reliable logistics partners Can they find your services here in the Shipping Times? O O 1327 THE BUSINESS TIMES inc UUJIIMC3J IIIVICJ SHIPPING TIMES
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  • SHIPPING
    • 606 26 BP has not enough equipment on site to process oil gushing out of well NYT [HOUSTON] The Coast Guard commander in charge of the federal response to the oil spill in the Gulf of Mexico warned on Sunday that even if the flow of
      NYT; AP  -  606 words
    • 343 26  -  By ALEC ALMAZAN [MANILA] Prospects for an early release of the Sin-gapore-registered tugboat, Asta, took a turn for the worse after a Philippine anti-smuggling agency began seizure proceedings against the tugboat last week. Local lawyers, representing the Singa-pore-based Thong Yong Marine Co, owner/ operator of
      343 words
    • 382 26 Xinhua [ATHENS] Greece is set to launch today the 22th Posidonia, the world’s largest maritime exhibition that will run till June 11, showing the world a different, more positive image of the country which is under heavy pressure this year due to the
      Xinhua  -  382 words
    • 187 26 Reuters [BEIJING] Sinopec Corp, Asia’s top crude oil refiner, on Saturday formally launched a fuel oil and bunker sales and marketing arm to consolidate its fuel oil businesses and tap China’s rapidly growing marine fuel market. Sinopec Fuel Oil Corp was responsible for selling
      Reuters  -  187 words
    • 278 26 SGX '000 Jun 7 S$ +/-Vol CH Offshore 0.51 -0.01 1955 Chuan Hup Hldg 0.26 -0.01 50 Cosco Corp 1.39 -0.05 ***** CWT Ltd 0.86 -0.04 844 Ezra Hldgs 1.77 -0.06 6488 First Ship Lea 0.45 -0.01 665 Freight Links 0.05 -0.01 309 Grand Banks unch unch 0
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  • Page 26 Advertisements
    • 29 26 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES
      29 words
    • 33 26 Experienced Stl/p maintenance services wanted. Can they find your services Here in the Shipping Times? B THE BUSINESS TIMES TO ADVERTISE. CALL JOE WONG AT 9620 1 327 THE BUSINESS TIMES SHIPPING TIMES
      33 words

  • SINGAPORE STOCKS
    • 8671 27 Transaction date: Jun 7 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 6.5 3148 8Telecom 14.5 14 16.5 1.7 12.5 4.7 69.4 10 5.5 5834 A-Sonic 7 6.5 7
      8,671 words
    • 1612 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 10 5 1181 t AA Grp 6 5.5 7 33.3 5.8 25 13 8538 t APStrategic 16 14.5 18 94.9 4 0.5
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    • 735 28 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 $mil 116 107 6389 ABF SG Bond ETF 115 109.5 113.5 525 883 610 CIMBAsean40 100US$ US796 -23 26 797 796 800 805 31.8 306
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    • 246 28 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 $mil 56 27 6000 AVJennings A40 37.5 40 3.6 8.8 3.2 104.2 31 13 6017 Genting HK US$ US16.5 -0.5 2466 17 16.5 16.5 17
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    • 9471 28 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund!** 1.15/ APS Alpha Fund (USD)!** 0.82/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.63/ Aberdeen Asset Mgt Asia Limited American Opp 0.6236/ Asian Credit Fund 1.2423/ Asian
      9,471 words


  • FINANCE & COMMODITIES
    • 374 29 In local curr In S$ In US$ dy yr dy yr dy yr Jun 4 Index Change Change Change Change Change Change World Index Preliminary 794.7 -1.7 -4.5 -1.5 -8.0 -2.0 -8.5 EAFE Preliminary 734.0 -1.4 -6.5 -1.6 -14.4 -2.1 -14.9 Europe Preliminary 1044.9 -2.1
      374 words
    • 132 29 Jun 7 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1430 1.1780 Can dollar 1.3220 1.3380 Euro 1.6800 1.7000 NZ dollar 0.9340 0.9540 Sterling pound 2.0380 2.0620 US dollar 1.4110 1.4270 Local dollars to 100 units of foreign
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    • 29 29 Jun 7 Open High Sett STI Jun 2748 2752 2752 SIMSCI Jun 331.8 332 323.0 Taiwan Jun 260.6 261.9 253.0 Source: MF Global (S) Pte. Ltd
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    • 177 29 Jun 7 $S Offer Bid Overnight 1/8 1/16 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 5/16 US$ Offer Bid 7 days 0.45 0.35 1 month 0.60 0.40 2 months 0.65 0.45 3 months 0.70 0.50 6 months 0.90 0.70 9 months 1.10 0.90 12
      177 words
    • 22 29 Jun 7 S$ Bid Offer 1-month 1.4177 1.4192 2-months 1.4176 1.4191 3-months 1.4174 1.4189 6-months 1.4170 1.4186 Source: OCBC
      22 words
    • 67 29 Jun 7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jun 10 2541 2541 2544 2538 153 2645 Jul 10 2483 2496 2496 2481 1034 ***** Aug 10 2437 2449 2456 2437 8486 ***** Sep 10 2410 2419
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    • 371 29 Jun 7 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun10 99.4400 0 2966 Sep10 99.2150 0 2772 Dec10 99.0400 0 1834 Mar11 98.8650 0 1624 EUROYEN TIBOR FUTURES Jun10 99.6150 99.6150 99.6150 99.6150 200 3924 Sep10 99.6450 99.6450 99.6450 99.6400 0 3346 Dec10 99.6450 0 1461
      371 words
    • 140 29 Jun 7 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Jul 10 355.0 340.0 340.0 12 Aug 10 318.0 Sep 10 298.0 Oct 10 292.0 Nov 10 286.0 285.0 285.0 20 Dec 10 285.0 285.0 285.0 15 Jan 11
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    • 90 29 Jun 7 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****N 02.09.2010 0.30 0.31 0.3 1-Year BY*****W 03.05.2011 0.37 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0A 2.625 01.04.2012 103.92 103.96 103.93 5-Year N*****0N 1.375 01.10.2014 102.2
      90 words
    • 105 29 Jun 4 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 10 935.00 955.00 958.25 931.50 Aug 10 918.50 937.75 941.00 916.00 Sep 10 905.75 925.75 926.50 903.50 Nov 10 900.00 919.75 921.00 895.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 10 36.78 37.66 37.75
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    • 77 29 CRUDE OIL PRODUCTS Jun 4 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 72.78 -1.73 WTI (Near Mth) 71.09 -3.33 Dubai (1-Mth F) 75.94 1.45 Tapis blend 80.65 1.15 Minas 78.25 1.25 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 73.28 -0.05 Jet Kerosene 86.90 1.20 US$/barrel Opec Oil
      77 words
    • 2284 29 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3.5 1 15 16 4.57 47 4085 ASJ Hldgs W*****1 3 1 4 2.33 20 2036 Advance SCT Ltd W*****9 0.5 1 87 2817 6.00 2
      2,284 words
    • 465 29 Jun 7 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.867 5.556 0.682 6.345 38.405 75.289 0.744 10.052 2.711 1.227 69.444 38.096 1.154 6.376 0.948 26.398 26.573 0.564 0.814 Canada 1.154 6.410
      465 words
    • 85 29 Jun 7 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 154 29 Jun 7 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1532 1.1547 0.8134 0.8136 Canadian dollar 1.3303 1.3323 0.9383 0.9387 Euro 1.6904 1.6928 1.1923 1.1927 NZ dollar 0.9393 0.9411 0.6625 0.6631 Sterling pound 2.0453 2.0479 1.4426 1.4429
      154 words
    • 139 29 Jun 7 GOLD (US$/oz) Jun 04 Jun 07 Hong Kong 1205.60 1214.80 Jun 03 Jun 04 London 1216.75 1204.25 1217.75 1205.25 Source: Thomson Reuters CAST BAR Jun 07 (S$) Selling Buying Kilobar "59,535.87" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 133.75 56 5gm 378.78 278 10gm 676.24
      139 words
    • 71 29 Jun 4 Jun 4 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1849.25 1923.50 3 months 1881.00 1955.00 Copper, Grade A (US$/tonne) Cash 6249.00 6495.00 3 months 6280.00 6525.00 Lead (US$/tonne) Cash 1582.50 1618.50 3 months 1607.00 1645.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • 83 29 Jun 4 COCOA (£/tonne) Close Prev High/Low Jul 10 2559 2550 2606/2553 Sep 10 2347 2400 2421/2342 Dec 10 2286 2341 2360/2277 Mar 11 2238 2298 2322/2238 COFFEE (US$/tonne) Close Pev High/Low Jul 10 1336 1346 1346/1327 Sep 10 1372 1382 1381/1363 Nov 10 1398 1405 1406/1386 Jan 11
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  • Page 30 Advertisements
    • 101 30 EXCELLENT DISTRICT 9 SOMERSET RESIDENTIAL DEVELOPMENT SITE u ft r SEX r i ii h HI ill :V4 100% Owners Consent No STB required 5 min walk to Somerset MRT Station Site area approximately 35,639 sq ft Plot ratio 2.8 Height Control up to 10 storeys Ideal for boutique luxury
      101 words
    • 131 30 For Sale By Auction Rarely Available! Freehold, 2V2 storey corner terrace Emerald Hill A m I v Land area: approx 1,750 sq ft GFA: approx 4,000 sq ft Including 2 basement levels 4+1 rooms Within "Emerald Hill Conservation Area" Walk to Orchard Rd/Somerset MRT Selling with vacant possession Date/Venue: Thurs,
      131 words
  • PROPERTY
    • 415 30 Govt also spells out rules for suspension of loans to home buyers by banks Bloomberg [BEIJING] China will apply its tighter second-home mortgage policies to loan applicants who fail to provide proof of at least one year of local social security contributions or tax
      Bloomberg; AFP  -  415 words
    • 790 30 Developers expected to pay about HK$8.4b for site Bloomberg [HONG KONG] Hong Kong developers may pay HK$8.41 billion (S$1.5 billion) for a residential site at a government auction today, as some analysts cut their estimates after two previous land sales missed forecasts and
      Bloomberg; BLOOMBERG  -  790 words
    • 365 31 Paying arrears will pave the way for the firm to restart stalled projects Reuters [DUBAI] Dubai World’s indebted property arm Nakheel is very close to hitting a key threshold among large trade creditors that would allow it to begin paying overdue bills, a company
      Reuters; BLOOMBERG  -  365 words
    • 774 33  -  Data centres fund Securus counts AEP Capital, Keppel T&T as co-sponsors By KALPANA RASHIWALA RIDING on strong demand for data centres, the world’s first syariah-com-pliant data centre fund, managed out of Singapore, has just announced its initial closing of US$100 million. The money was raised from the
      774 words
    • 317 33  -  Wilson Ang leaves Cambridge Industrial Trust Management By KALPANA RASHIWALA VETERAN industrial property consultant and former CEO of Cambridge Industrial Trust Management Wilson Ang has returned to Colliers International. He has been appointed consultant for industrial property investment in Asia. Based in Singapore,
      317 words

  • Page 31 Advertisements
    • 275 31 < 72 S I THE CONCOURSE (BEACH ROAD) For Lease Office: From 1,023 to 20,000 sqft Fringe of CBD Shuttle bus to City Hall MRT Next to Nicoll Highway MRT Panoramic City Sea View Broadband enabled Attractive leasing terms Immediate Occupation Hong Fok Group Tel: 6390 2425/ 6292 8181 BUNGALOW
      275 words
    • 168 31 FOR SALE ri joneslanglasalle.com.sg CentrePoint Office Tower Ho Chi Minh City High Yielding Vietnam Office Investment I MO.Wipkli How **4 V C\ \A HO CHI MINH CITY <fy a Jfc'ix CorWNgSnA 2 Investment Highlights Brand New'Grade A'Office Tower comprising 15 levels of Office accommodation and 2 levels of Retail space
      168 words
  • A special series brought to you by Bursa Malaysia and Sharelnvestor
    • 663 31 Wah Seong is a Malaysian firm but a global player Almost twenty years ago, Giancarlo Maccagno came to Malaysia to talk to the Tan family of Perak to discuss the possibility of setting up an oil and gas business in the country. Today, Mr Maccagno is executive
      663 words

  • INDUSTRIAL SPACE
    • 1371 32  -  JTC is taking a multi-pronged approach, exploring edgy ideas and methods for industrial land development, reports UMA SHANKARI UMA SHANKARI A“SHIP to showroom” warehouse with a retail complex at one of Singapore’s harbours. A recycling industrial park. A giant hoisting system to move bulky
      1,371 words
  • Page 32 Advertisements
    • 164 32 This series is brought to you by 1 /> m m l 5WFS 1 m txi s Living us •i w :-*fe £k< MS 53E m Sustainable Businesses Zm Green Community mmm i* t f •-i fr i,sI k r4 V---.ZT 'W-? 1 V '-N-t -i£?> V i":.' 7?' V
      164 words

  • Page 33 Advertisements
    • 246 33 nuna Land Size 3,483 Sq Metre Plot Ratio: 2.8 Zoning: Residential Regular-shaped land Near Aljunied MRT Closing Date: 1st July 2010, at 4pm. Paya Lebar VIRT Ajunied MRT SUBJECT SITE URBAN For further information, please call: FRONT 6100 6299 REAL ESTATE Email: lnvestment@urbanfront.com.sg Collective Sale By Tender Residential Site along
      246 words
    • 180 33 BALMORAL ROAD DEVELOPMENT OPPORTUNITY 4 -.it i; V Sc. •1: !-vV 1* a «V r. i d in Contact: CB Richard Ellis (Pte) Ltd Investment Properties Galven Tan/Jeremy Lake Tel: 6224 8181 6 Battery Road #32-01 Singapore *****9 Single Owner Prominent corner location; off Bukit Timah Road and Balmoral Road
      180 words
    • 274 33 A AZEA free SEATS Property Investment Strategies the 'Donald Trump' Way with less than $30k ATTEND A FREE 3 hours seminar worth $198 to learn: A Well Kept Secrets of the Rich's Strategies now revealed! A Creating a regular monthly income from your investment A What are the criteria in
      274 words