The Business Times, 7 September 2010

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 34
1 34 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|il A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Tuesday, September 7,2010
    23 words
  • 781 1  -  Chew Choon Seng to succeed JY Pillay as SGX chairman BY VEN SREENIVASAN [SINGAPORE] Two years back, when oil prices were hitting record highs and Singapore Airline’s bottomline was bruised by jet fuel rates, its chief executive Chew Choon Seng touched
    FILE PHOTO  -  781 words
  • 639 1  -  IDA to auction off final 3G spectrum in November despite opposition from incumbents By WINSTON CHAI [SINGAPORE] Local authorities will go ahead with plans to auction off Singapore’s final third-genera-tion (3G) mobile spectrum this November despite opposition from incumbent operators. In doing so,
    AFP  -  639 words
  • 139 1 ST INDEX 3,034.58 (+32.02) ST INDEX FUTURES 3,031 (+32) SIMSCI 358.76 (+3.88) SIMSCI FUTURES 357.90 (+3.40) FOREX US$ S$ US$ (S$ per US$) 1.344 (US$/S$ per 1.544 2.075 EURO (US$/S$/E) 1.290 1.733 Foreign currency per US$ S$ YEN 84.10 62.60 RM 3.113 2.317 HK$ 7.769 5.783 BAHT 31.13
    139 words
  • Page 1 Advertisements
    • 109 1 COMPANIES Private equity firms raise 32% less funds in Q2 PAGE 6 NUCLEAR ENERGY Merkel presses a ‘nuke-war’ button PAGE 22 TECHNOLOGY HTC challenges iPhone with a ‘quiet’ ring tone PAGE 18 PROPERTY JTC to build new marine, aviation, medtech centres PAGE 4 Inc Sprucing up the heartland image PAGE
      109 words

  • TOP STORIES
    • 585 2 Door swings open for fourth mobile operator PLANS to auction off Singapore’s final third-generation mobile spectrum will go ahead in November despite opposition from incumbent operators. In doing so, the government is also keeping the door open for a fourth player to break the decade-long telecommunications trinity. FRONT
      585 words
    • 434 2  -  But prospective sellers withdraw their units from secondary market By EMILYN YAP [SINGAPORE] Some developers plan to go ahead with property launches despite uncertain market conditions brought about by the government’s latest move to cool rising prices. But some prospective sellers have withdrawn their
      434 words
    • 511 2  -  By SIOW LI SEN [SINGAPORE] The taxman has never had it so good. Despite a fall in corporate income tax, he collected a record $29.9 billion in taxes in 2009, up 0.2 per cent, partly due to the growth in the population and a
      511 words
    • 750 4  -  SGX chairman has had to navigate several thorny issues during his tenure By MICHELLE QUAH [SINGAPORE] Singapore Exchange (SGX) chairman JY Pillay, 76, who steps down from his position at the end of the year, is a man credited with building
      FILE PHOTO  -  750 words
    • 327 4  - SingTel may get boost in Europe through Cable Wireless By WINSTON CHAI [SINGAPORE] Singapore Telecom will be able to stake a major claim to European markets if it acquires Cable and Wireless Worldwide (C&WW), but the integration of these two giants could be challenging at first, analysts say. On Sunday,
      327 words
    • 423 4  -  By UMA SHANKARI [SINGAPORE] JTC Corp, which is now surfacing from the global financial crisis, is planning several new infrastructure projects. New proposals aimed at anchoring new investments in Singapore include an offshore and marine centre, a general aviation centre and a
      423 words
    • 420 4  -  By GENEVIEVE CUA [SINGAPORE] Bank Julius Baer, which has identified Singapore as its “second home market”, expects Asian assets to account for 20-25 per cent of group assets under management within five years. To beef up its operations, it is looking
      ARTHUR LEE  -  420 words
    • 564 4  -  By TEH SHI NING [SINGAPORE] Sustained, slower rates of foreigner inflows could have implications for the labour force and housing market, a Citi report yesterday said. A slowing of immigrant inflows, particularly skilled professionals and permanent residents (PRs), raises questions over
      564 words
  • Page 2 Advertisements
    • 177 2 E v 1 mm W servcorp.com.sg Or Google "Servcorp' r >' *>? World's Finest Serviced Offices A cost effective Serviced Office solution Best address, best receptionist, best IT and support Flexible lease terms starting from one month For less than the cost of a secretary We help businesses succeed Call
      177 words
    • 7 2 A MEMBER OF TÜV SÜD GROUP Preview
      7 words

  • Page 3 Advertisements
    • 146 3 m. i H m m JT" JF We were there when young people used to do the joget, foxtrot and the cha-cha. ha, We were there when disco was cool (What were we thinking!?) We were there all through breakdance, techno, hip-hop, and (oh dear) the macarena. &k A We
      146 words

  • Page 4 Advertisements
    • 95 4 Fantasy Waterbeds Pte Ltd Where Sleep Matters. Up To go OFF Quality Waterbeds With perfect lumbar, neck and back support, wou can finally experience complete holistic sleep and all the benefits that come with it. *Visit our Fantasy Sleep Centre for your ultimate sleep solutions. no more backaches #01-15/16 The
      95 words


  • COMPANY NEWS
    • 607 6  - US jobs situation improving? Think again. HOCK LOCK SIEW By R SIVANITHY THE received wisdom over the past week derived from Wall Street’s sudden bounce is that double-dip fears are now a thing of the past. One major source of this rosy scenario was a recent jobs report, whose release
      607 words
    • 488 6  -  Total of US$41.3b is lowest since 2003; many of the funds close below target By JAMIE LEE FUNDS raised by private equity firms in the second quarter of this year came to US$41.3 billion the lowest since 2003, says data provider
      488 words
    • 567 6  -  A Singaporean, he’s 29 years’ experience in financial services By CONRAD TAN DBS Group has hired a senior ANZ Bank executive in Asia to replace its consumer banking head Rajan Raju who left last week. Tan Kong Khoon, 53, will join DBS as
      567 words
    • 460 6 Reuters [NEW DELHI] Indian hospital operator Fortis Healthcare is looking to list a real estate investment trust in Singapore in the next six months to house its property assets and is looking at a valuation of US$600-700 million, said a senior company executive, who
      Reuters  -  460 words
    • 356 7  -  Group plans to keep investing in good-quality real estate in the country By EMILYN YAP ASCENDAS will be setting up new funds to continue investing in China’s real estate market. The industrial property group said this yesterday as it announced that its private fund, Ascendas
      356 words
    • 432 7  -  By UMA SHANKARI CITY Developments’ Lon-don-listed hotel arm Millennium Copthorne Hotels (M&C) yesterday said that some of its hotels in Christchurch, New Zealand, had suffered some damage as a result of the earthquake that affected the region on Saturday. But all
      432 words
    • 351 7  -  By NISHA RAMCHANDANI KLW Holdings’ subsidiary Barang Barang Pte Ltd (BBPL) will not be able to pay all its creditors as the funds amassed from liquidation will not be sufficient. According to the liquidator, the amount realised, approximately $474,000 after
      351 words
    • 349 9  -  By NISHA RAMCHANDANI RETAILER FJ Benjamin Holdings is looking to boost the distribution network for new brand Catherine Deane in Asia. FJ Benjamin announced last week that it had made its first brand acquisition by taking up a 60 per cent stake in
      349 words
    • 365 9  -  By LYNN KAN MAINBOARD-LISTED construction group Tiong Seng Holdings will be strengthening its sustainable construction ethos with its new acquisition. Its wholly owned subsidiary Tiong Seng Contractors has completed its 90 per cent or 500,000 Swiss franc (S$650,000) equity takeover of
      365 words
    • COMPANY BRIEFS
      • 66 9 CAPITAMALLS Asia said its joint tender with CapitaLand for a Bedok Town Centre site has been accepted by the HDB. The site at New Upper Changi Road/Bedok North Drive was awarded at the tender price of $788.9 million. It has a land area of
        66 words
      • 71 9 CHINA Taisan Technology Group Holdings has received approvals from the following Taiwan authorities for its offering and listing of Taiwan Depository Receipts (TDRs) representing up to 250 million shares: Taiwan Financial Supervisory Commission, Executive Yuan, the Securities and Futures Bureau, Taiwan Central Bank and
        71 words
      • 78 9 SBS Transit will pay $110 million for 300 new Mercedes Citaro buses. The single-deck buses have a completely stepless aisle that makes it especially friendly to the elderly and will also have more than 10 priority seats that are easily accessible to the
        78 words
      • 39 9 GUOCOLAND Ltd has through its wholly owned subsidiary obtained a Syariah-compliant financing facility of up to $50 million from CIMB Bank Bhd, Singapore. The Islamic financing facility is for a period of three years.
        39 words
    • 363 9  -  It buys two Lundin Petroleum subsidiaries for US$37.1 m By JAMIE LEE RH PETROGAS is investing US$37.1 million for a share in two Indonesian oil exploration projects through a sale and purchase agreement. It would make a further payment of up to
      363 words
  • Page 6 Advertisements
    • 221 6 REALSTAR m u Good Class Bungalows iriiiirr Yarwood illM*Garlick 3 Unitrof Charming House 5 Units For Home Dwellers Land *****^1 8000sqftW Land ***** *****sqft OOOsqftr Built 6000-1 OOOOsqft Asking $19 m Up Asking 18m up Olive Road/Caldecott fig Mount Echo Park Land I Move In I Brand New Best Of
      221 words
    • 322 6 INTHEMATTEROF THECOMPANIES 50 AND IN THE MATTER OF BMARTNERS(SIN PORE)PTE. TD. (INMEMBERS’ UNTAR LIQUID TION) (Co. eg. 2007 22W) NNOOTICEOFRESOLUTIONS AAtt tthhee Extraordinar Gener Meeting BM PPaarrtner (Singapor Pte.Ltd.dulycon ned andheldon he30t day Augus 20 tthhee following esolutions dulypassed. TI T IT WASRESOLVED:(I) ASSPECIALRESOLUTIONS: 11.. That tthe Compan be wwound
      322 words
    • 106 6 I, Paul Richard Barnett, divorce, of 78 Bayshore Rd, Costa Del Sol, Singapore intend to marry, Lena Mardianis single of No 15 Block L Tiban Ayu, Batam, Indonesia, at Kementerian Agama, Kantor Urusan Agama, Kec. Sekupang Kota Batam, Indonesia on 6th November 2010. Any person knowing of any lawful impediment
      106 words

  • Page 7 Advertisements
    • 55 7 Teamwork in Private Bankina i: 9- 7 M ■VP W V V V :v--kV i m ft -Ife r v > For us, private banking means working perfectly together as a team. Also with you: +65 6532 5325 or www.claridenleu.com Clariden Leu Ltd., Singapore Branch, Singapore Registration No. T05FC6718B-PTE-01 Clariden
      55 words

  • SINGAPORE MARKETS
    • 539 8  -  Traders inspired by positive US economic signs and Hang Seng Index’s gain STOCKS R SIVANITHY Senior Correspondent THE Straits Times Index rose 32.02 points yesterday to a 52-week closing high of 3,034.58, supposedly on signs that a dou-ble-dip recession in the US may be
      Source: Bloomberg  -  539 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 0 7 0 0 0 10 0 7 Manufacturing 94 26 66 8 4 12 102 30 78 Commerce 31 14 26 6 2 4 37 16 30 Tpt/Stor/Comms 17 13 8
      186 words
    • 121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 21,867 21,867 66,522 66,522 Manufacturing 520,959 34,833 555,792 295,983 5,528 301,511 Commerce 235,796 97,410 333,206 144,690 19,302 163,992 Tpt/Stor/Comms 110,283 1,000 111,283 226,726 111 226,837 Finance 17,683 17,683 167,549 167,549 Construction 34,137 75,885 110,022 7,078
      121 words
    • 111 8 Stock name Close Change CapMallsAsia 2.210 CapitaLand 3.980 +0.040 CapitaMall 2.010 +0.010 CityDev 11.700 +0.480 ComfortDelGro 1.530 -0.010 DBS Grp 14.240 +0.120 F&N 5.690 +0.040 Genting SP 1.780 Golden Agri 0.585 +0.010 HK Land 5.540 +0.040 JMH 43.800 +0.360 JSH 25.460 +0.460 Jardine C&C 35.540 +0.200
      111 words
    • BROKERS’ TAKE
      • 466 8 Sept 6 close: $16.00 DBS Group Research, Sept 6 SINGAPORE Airlines (SIA) announced on Friday evening that Goh Choon Phong will succeed Chew Choon Seng as CEO when Mr Chew steps down at the end of December. Mr Goh, aged 47, joined SIA in 1990 and has served
        466 words
      • 532 8  -  Compiled by CONRAD TAN Sept 6 close: $2.49 OCBC Investment Research, Sept 6 STARHUB has just announced its own NBN (National Broadband Network) packages for both businesses and home consumers. However, StarHub does not intend to compete on pricing but is more interested in offering solutions with value-added services.
        532 words
    • 433 8 CURRENCIES Reuters [LONDON] The dollar dipped yesterday and looked set to test a 15-year low against the yen after shedding gains made following US jobs data, while greater appetite for risk prodded the euro to a three-week high versus the US currency. US
      Reuters; REUTERS  -  433 words
    • 4 8 DAILY
      4 words
    • 66 8 Sep 6 VALUE CLOSE BT OB/OS 251.00 +273.0 BT CADI -*****.00 +180.0 BT 10-day MA -*****.00 +25.00 FTSE ST Mid Cap 740.18 +9.67 FTSE ST Small Cap 543.20 +4.14 FTSE ST All Share 747.52 +8.04 FTSE ST China Top 271.41 +4.91 FTSE ST China 301.75 +3.19 FTSE
      66 words
    • 61 8 VOLUME *Genting HK US$ 392,719,000 Genting SP 104,904,000 PineAgritech 86,170,000 China Hongxing 71,369,000 RafflesEdu 51,606,000 TopGlobal R 47,395,000 Abterra 45,529,000 Noble Grp 44,120,000 Spice i2i 43,522,000 Viking 42,649,000 VALUE($) *Genting HK US$ 231,443,356 Genting SP 185,909,994 Noble Grp 74,443,840 SingTel 59,613,902 Wilmar 48,143,520 DBS Grp 46,643,430 Yangzijiang
      61 words
    • 106 8 BY CENTS CLOSE UP DBXT iBoxxSvEu 5US$ ***** 453.9 1.5 DBXT Nifty 10US$ ***** 307.5 1.9 DBXT FTVietnam 10US$ 4012 162.5 3.1 DBXT FTChina25 10US$ 2998 112.8 2.9 Pru 500US$ 912 72.5 6.3 JSH 2546 61.8 1.8 DBXT STGLDv100 10US$ 2600 60.4 1.8 JMH 4380 48.3 0.8 CityDev 1170
      106 words
    • 127 8 BY CENTS CLOSE DOWN OCC 5.1% NCPS 100 *****-224.0 -2.1 DBXT USDIGInfl 5US$ *****-171.9 -0.5 OCC 3.93% NCPS10 9050-150.0 -1.6 DBXT S&P Short 10US$ 5220-112.8 -1.6 GLD 10US$ ***** -38.9 -0.2 OCBC Bk 4.5%NCPS 100 ***** -10.0 -0.1 Goodpack 186 -6.0 -3.1 DJI***** DBePW*****0 29.0 -4.5 -13.4 SGX RB
      127 words
    • 87 8 Where S$ stands Sep 6 CHNG YR 2010 CLOSE FR Sep 3 S$ LOW S$ HIGH US$ 1.3450 0.13 1.4219 1.345@ Euro 1.7332 -0.32 2.0153 1.6886 Pounds 2.0704 0.15 2.2831 2.0003 A$ 1.2310 -0.46 1.2960 1.1515 Yen* 1.5997 -0.23 1.6080 1.4467 Rupiah* 0.***** 0.10 0.***** 0.***** Baht* 4.3211 0.00
      87 words

  • Page 9 Advertisements
    • 263 9 My Happiness, My Family, My Legacy, MyLife. My life is filled with happiness. As a retiree I am doing things that I love and, as a grandfather, I am spending more time with the people I love. My family means everything to me and I want to make sure that
      263 words

  • SINGAPORE NEWS
    • 622 10  -  Manpower S’pore finds all industry sectors expecting higher headcount By CHUANG PECK MING THE current hiring spree may not match the peaks in 2007 and early 2008, but it’s likely to be more sustainable, says Manpower Singapore country manager
      622 words
    • 312 10 SINGAPORE Press Holdings chief executive Alan Chan was yesterday appointed a member of the Public Service Commission (PSC) for a five-year term. With the appointment of Mr Chan, the PSC will now have 12 members. The body’s aim is to
      312 words
    • 347 10  -  SMU’s Oliver Loke also wins for inspiring youths to give back to society By LYNN KAN KEVIN LOH may be barely into his teens, but place a guitar in his hands, and his talent easily outstrips his age. So much so that
      347 words
    • 323 10  -  More participants, regional political figures attending By JOYCE HOOI THE Singapore International Energy Week will be back this year with larger numbers and more political clout. The Energy Market Authority is expecting 10,000-12,000 participants this year for the event that will run from
      323 words
    • 354 10  -  By KAREN NG THE Academy of Singapore Teachers was launched yesterday at the fifth biennial Teachers’ Conference by Minister for Education and Second Minister for Defence Ng Eng Hen. The Ministry of Education (MOE) aims for the academy to be a focal point for
      354 words
    • 410 10  -  NUS survey finds many believe they do not need to learn By FELDA CHAY A SURVEY has shown that most younger Singaporeans aged 19 to 23 are satisfied with just being good and not the best, and that many believe
      410 words
  • Page 10 Advertisements

  • SME Inc
    • 1245 11  -  Beauty brand Estetica’s founder and chief executive officer on staying true to her customers. RACHEL SIM reports RACHEL SIM Heartland beauty brand Estetica has stayed true to its founding values of focusing on the customer despite the modernisation of its business. It has been about
      ARTHUR LEE  -  1,245 words
    • 1090 12  -  Despite its small SME stature, Gaylin’s reach to the world beyond Singapore is nothing less than exceptional, report NATASHA BTE MOHAMED ISMAIL, RINUS DIBIYA KUSWARA KOE, FELICIA TAN YU LIN NATASHA BTE MOHAMED ISMAIL, RINUS DIBIYA KUSWARA KOE, FELICIA TAN YU LIN RINUS DIBIYA KUSWARA KOE,
      YEN MENG JIIN  -  1,090 words
    • 777 12  -  Orient Express Lines (Singapore) went through a painful restructuring process but the company is now reaping the benefits of it, report NUR AZLYN BTE MOHD KHALID, JOY PANG QIXIN JOY, PREM SINGH NUR AZLYN BTE MOHD KHALID, JOY PANG QIXIN JOY, PREM SINGH THE recession hit Orient
      ARUN RAMU/TABLA  -  777 words
    • 1170 13  -  GREEN.er HCG is hoping the E-Bikeboard can drive its efforts toward environmental sustainability, reports JASLENE PANG JASLENE PANG AS FLOODS and droughts continue to wreak havoc all over the world, people here are beginning to pay more attention to climatic changes and the need for
      JOHN HENG  -  1,170 words
    • 969 14  -  Firms can take advantage of government grants and incentives to create value and boost productivity COMMENTARY By CHIU WU HONG Chiu Wu Hong is the executive director ofKPMG Tax Services. The views and opinions expressed herein are those of the author and do not necessarily represent
      969 words
    • 1089 14 THIS WEEK’S TOPIC Prime Minister Lee Hsien Loong hinted in his National Day rally speech that the foreign-worker levy employers must pay could rise in the long term. How would this potentially impact your company? Cheryl Tong Managing Director Pursuit Pte Ltd GIVEN Singaporeans’ increasing
      BLOOMBERG FILE PHOTO  -  1,089 words
  • Page 11 Advertisements
    • 150 11 SME VOICES Seeking alternatives to foreign workers Page For the rice fields of China. On the construction sites of Brazil. In the fashion shows of France. As your business expands overseas, leverage on the local business knowledge of our global network of relationship managers, in over 60 countries and territories.
      150 words

  • Page 12 Advertisements
    • 78 12 Celebrating Singapore´s Enterprising Spirit 2010 This series is part of the Enterprise 50 Educational Project between the E50 partners and the NUS Business School. Gaylin International Pte Ltd and Orient Express Lines (Singapore) were among the E50 winners in 2009. The annual E50 ranking is co-organised by The Business Times
      78 words

  • Page 13 Advertisements
    • 202 13 Canon Delighting You Always Canon empowers success. Stay on top of everything, and love everything you do. Kathy Lim-Sheehy CEO Denise the Wine Shop Long-term vision means thinking beyond two generations. Kenny Yap Executive Chairman Qian Hu Corporation Limited 4 I L 'Entrepreneurs must strive for business excellence and social
      202 words

  • Page 14 Advertisements
    • 98 14 Voices Next week’s topic: The recent months have seen some cash-rich foreign investors buying into local small and medium-sized enterprises (SMEs) and start-ups. Has your company received such investment offers? What are the pros and cons of such investments? If you are an SME owner or leader, we would like
      98 words

  • ECONOMY WATCH
    • 200 15 AP [BUCHAREST, Romania] Romania’s president said yesterday the country should reconsider its loan agreement with the International Monetary Fund (IMF) in October. In 2009, Romania negotiated a 20 billion euro (S$34 billion) loan with the IMF, the European Union, and the World
      AP  -  200 words
    • 318 15 Bloomberg [SYDNEY] Australia’s central bank may keep its benchmark interest rate unchanged for a fourth month to support the nation’s economy as concerns deepen that recoveries may be faltering in the US, Japan, and Europe. Reserve Bank of Australia (RBA)
      Bloomberg; REUTERS  -  318 words
    • 363 15 They must provide the political push during Nov summit in Seoul, he says AP [SEOUL] Group of 20 leaders should use their November summit to make a serious push to conclude the stalled global trade negotiations, WTO direc-tor-general Pascal Lamy
      AP  -  363 words
    • 576 15 Resume Treasuries purchases to keep rates low if recovery remains slow: Kohn NYT [WASHINGTON] The former vice-chairman of the Federal Reserve, who retired last week after 40 years at the central bank, says that the economy is in “a slow slog out of a
      NYT  -  576 words
  • Page 15 Advertisements
    • 94 15 Who can make these possible? Who can help make the Singapore 2010 Youth Olympic Games a historical success for Singapore and for the world? Who can fill a football field with 30 million cans of beer? Who can deliver your new jeep from Detroit to your home in Shanghai? Who
      94 words

  • Page 16 Advertisements
    • 663 16 pi" f." V ;5 I IK! A *1 !jl ||S h: K'JWU: Wik> ■J&!, k i —-r v i w *v "*>- f < \V-v ;i W V~ WHAT I'VE LEARNED THE MOST: M -f~: i<r WAIT FOR SOMETHING AND GET IT WHEN IT'S THE RIGHT TIME.^ Bernard Arnault, LVMH
      663 words

  • MALAYSIA/INDONESIA
    • 510 17  -  Ruling clarifies law on business disputes involving oppression of shareholders By S JAYASANKARAN A DISPUTE between Malaysia’s UEM and its former Singapore partner was resolved yesterday after the Federal Court ruled in favour of UEM, bringing closure to a nine-year legal battle
      510 words
    • 316 17 Miscalculation resulted in a higher 4.53% announced earlier, instead of 4.24% Reuters [JAKARTA] Indonesia’s statistics bureau (BPS) said yesterday it revised down its figure for August core inflation to 4.24 per cent year on year, from 4.53 per cent announced on Friday, because of
      Reuters  -  316 words
    • 279 17 AFP [KUALA LUMPUR] Malaysia’s once-vaunted biofuel industry has seen production grind to a halt since a March announcement that the government’s mandatory switch to the green energy will be delayed to June 2011. Malaysia had ambitions to become a global leader in biodiesel
      AFP  -  279 words
  • Page 17 Advertisements
    • 224 17 THE Garuda Indonesia PASSENGERS CHOICE the world's most improved airline Winner of World Airline Awards" 2010 Passenger's Choice award A The Highest Indonesian Restaurant in the World. There's a place reserved just for you, in the world's highest Indonesian restaurant. It's on board one of our new B737-800NG aircraft and
      224 words

  • GREATER CHINA/INDIA
    • 849 18 The Taiwanese smartphone maker aims to become a global brand AP [BEIJING] East Asia is the world’s electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp, a Taiwanese maker of smartphones, is moving out of the shadows
      AP; FILE PHOTO  -  849 words
    • 333 18 Bloomberg [MUMBAI] Billionaire Anil Ambani’s plans to sell Reliance Communications Ltd’s phone-tower assets to GTL Infrastructure Ltd collapsed after both sides failed to agree on a deal by last month’s deadline. A non-binding agreement in June expired on Aug 31
      Bloomberg  -  333 words
    • 446 18 SEZ contributed significantly to China’s reform: Hu AFP [BEIJING] President Hu Jintao hailed the southern export hub of Shenzhen as a “miracle” yesterday as China marked 30 years of reforms in the city that provided the blueprint for the country’s economic rebirth. “The Shenzhen Special
      AFP  -  446 words
    • 664 18 It has accumulated 3.4b kroner in operating losses Bloomberg [HELSINKI] Telenor ASA investors have a piece of advice for Scandinavia’s biggest phone company: Quit India. Nine months after its debut in the Indian mobile phone market, Telenor has accumulated 3.4 billion kroner (S$748 million)
      Bloomberg  -  664 words
    • 341 18 Reuters [NEW DELHI] India is considering selling 10 per cent in Indian Oil Corp (IOC) and 5 per cent in Oil and Natural Gas Corp (ONGC) in the March quarter, a deal that could fetch the government about US$5.6 billion at current
      Reuters  -  341 words
  • Page 18 Advertisements
    • 26 18 Sft -SLianhe Zaobao Chinese developers change strategy and shift focus to commercial real estate m m 3-^ ♦HJtSFSWJfclSSS To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      26 words
    • 45 18 For Corporate Lease Premium Office Buildings Mohamed Sultan Road, Singapore 8,000 100,000 sqft 4 Office Blocks 2 Podiums F&B Terrace Column Free Design Regular Layout Covered Parking 9742 8998 *****1 18 Link (THM) Biz MS Pte Ltd a Member of Link (THM) Group of Companies
      45 words

  • Page 19 Advertisements
    • 336 19 Who can help make the Singapore 2010 Youth Olympic Games a historical success for Singapore and for the world? Anndelyn Oh can Who ca help you set up a virtual business, virtually overnight at virtually no cost? Who can help link two islands together so you can experience the latest
      336 words

  • ASIA-PACIFIC/WORLD
    • 523 20  -  BIS data shows Q1 lending up 2.1%, pointing to global economic upturn Reports by NEIL BEHRMANN CROSS-BORDER lending to Asian and other global borrowers has risen for the first time since the Lehman Brothers crisis in late 2008. The statistics from the
      523 words
    • 245 20 THE Bank for International Settlements says in a paper that overextended household and corporate borrowers are likely to continue reducing debt in the next few years. The reductions follow a surge in credit card, mortgage and other borrowings that precipitated the credit crisis of 2008.
      245 words
    • 459 20 Reuters AP [TOKYO] Prime Minister Naoto Kan kept his huge lead in opinion polls over challenger Ichiro Ozawa as the Japanese public’s choice for leader ahead of a ruling party election, according to opinion polls released by major newspapers yesterday. Mr Ozawa, a
      Reuters; AP  -  459 words
    • 613 20 But rebuilding programme seen providing stimulus AP Bloomberg [CHRISTCHURCH] New Zealand’s prime minister warned yesterday that the country’s economic recovery will be hurt by the weekend’s powerful 7.1-magni-tude earthquake that smashed buildings and wrecked roads and rail lines in the city of Christchurch.
      AP; Bloomberg  -  613 words
    • 492 20 Reuters [WASHINGTON] US President Barack Obama was set to announce yesterday a six-year plan to revamp the United States’ road, railways and runways with a US$50 billion up-front investment to jump-start job creation, the White House said. Under the six-year plan, Mr Obama
      Reuters  -  492 words
    • 201 20 Reuters [LONDON] British fund management firm City Financial has launched an Asian fund of hedge funds in a move designed to tap into the rapid development of the hedge fund industry in the region, it said yesterday. The City Financial Asian
      Reuters  -  201 words
    • 177 20 AP [BANGKOK] Saudi Arabia lashed out at Thailand yesterday for promoting a senior police officer charged with the two-decade-old murder of a Saudi businessman. Saudi Arabia has long suspected official involvement in the 1990 disappearance of businessman Mohammad al-Ruwaili and the murders of
      AP  -  177 words
    • 539 21 Q3 production surge comes as export demand rises sharply Bloomberg [LONDON] Factory production in the UK grew at a record pace in the third quarter on surging export demand, the Engineering Employers Federation (EEF) said. The number of manufacturers saying sales rose in
      Bloomberg  -  539 words
    • 428 21 AP [SAN FRANCISCO] Mark Hurd, former chief executive Hewlett-Packard, is in talks to take a top executive job at Oracle Corp, the database software maker run by his friend Larry Ellison, a source said on Sunday. It wasn’t immediately clear
      AP  -  428 words
    • 475 21 It sees flat full-year earnings as weak markets hit trading, advisory business Reuters Bloomberg [SYDNEY] Australia’s top investment bank Macquarie Group warned investors yesterday that it would miss profit forecasts after weak markets took a toll on its trading
      Reuters; Bloomberg  -  475 words
    • 367 21 Bloomberg [LONDON] London’s Metropolitan Police will examine new evidence of phonehacking by journalists at Rupert Murdoch’s News of the World newspaper detailed in a report in the New York Times. Assistant Commissioner John Yates said officers will work with the Crown Prosecution Service to
      Bloomberg  -  367 words
    • 117 21 [VENICE] Visitors looking at ‘One hundred spaces’, a work by British artist Rachel Whiteread exhibited at the Punta della Dogana in Venice. Works of US artist Cindy Sherman and Japanese artist Takashi Murakami are also on display. Some 375 000 people visited the Punta della Dogana, presenting the
      AFP  -  117 words
    • 276 21 76% say economy won’t improve while 58% say govt lacking in efficiency Bloomberg [ATHENS] Greeks believe their government’s efficiency is deteriorating and the country’s situation is likely to worsen, two polls showed. The nation’s economy won’t improve, according to 76 per cent of respondents
      Bloomberg  -  276 words
  • Page 20 Advertisements
    • 2 20 VODCAST GALLERY
      2 words
    • 169 20 CONCORD ENERGY, a locally-based international commodity trading company, is seeking to hire an experienced Manager Projects Energy to join its project development team. Under the direction of the Director of Projects Development, the Project Manager will assist in managing, prioritizing, and monitoring the development of international energy projects. The successful
      169 words

  • Page 21 Advertisements
    • 14 21 Cafe Kitchen for sale in Jurong Island More details, please email: sibconsulting@sibconsulting.com SIB Consulting
      14 words
    • 78 21 < £3 V. V .vyVr V> v Swiss quality also stands for knowledge. Ensuring your success with global mailings. k 1 T"-.< A V ••'y Swiss Post offers you cross-border mailing options to make your business even more successful. You can count on us for daily mail, direct mailings, newspapers,
      78 words

  • WORLD
    • 711 22 She proposes to extend lifespan of Germany’s nuclear power plants AFP Reuters [BERLIN] German Chancellor Angela Merkel set the stage yesterday for perhaps the biggest fight of her time in office with proposals to postpone the date when Europe’s biggest economy abandons nuclear power. Late
      AFP; Reuters; REUTERS  -  711 words
    • 453 22 Israel ‘ready’ for a historic compromise with Palestinians NYT [JERUSALEM] Palestinian and Israeli leaders expressed satisfaction and hope on Sunday in their first public utterances after the opening round of Middle East peace talks in Washington last week. “The structure that has
      NYT  -  453 words
    • 238 22 AFP [DUBAI] Most banks in the United Arab Emirates (UAE), an important trading partner for Iran, have stopped money transfers there after the latest round of sanctions on the Islamic republic, bankers said on Sunday. A Dubai-based Iranian businessman said that the
      AFP  -  238 words
    • 521 22 AFP [LONDON] Oil giant BP has increased to US$40 billion the amount it wants to raise from an asset sale programme in the wake of the Gulf of Mexico oil spill, the Sunday Times newspaper reported. The US$40 billion figure is
      AFP  -  521 words
    • 511 22 AP [NEW YORK] How do you get penny pinchers to spend these days? Pitch products that promise to save them money. Demand is rising for kitchen and bath gadgets that squeeze out that last blob of toothpaste and help get the
      AP  -  511 words
    • 460 22 AP [NEW YORK] There’s been intense competition going on at the US Open, and it has nothing to do with aces or foot faults. Instead, five of Bravo TV’s Top Chef Masters have been working to create the best food of the
      AP  -  460 words

  • Page 23 Advertisements
    • 1169 23 ENZER CORPORATION LIMITED CHANGES NAME TO VALLIANZ HOLDINGS LIMITED AS IT EMBARKS ON A NEW BUSINESS FOCUS Vallianz Holdings Limited is a vessel owning company listed on the SGX-Catalist, providing marine support services, primarily ship ownership and management. Equipped with valuable expertise, guided by a revitalised team, and a spirit
      1,169 words

  • EDITORIAL & OPINION
    • 489 24 EDITORIAL WITH month-long floods swelling concerns about a country already blighted by terrorism, corruption and sectarian killings, Pakistan has little to cheer about. While unusually heavy monsoon rains may be the proximate cause of the floods, the gut-wrenching devastation that has taken place also exposes
      489 words
    • 818 24  -  Loyalty programmes work if the firm is the first mover and if its customers are loyal TRICHY KRISHNAN Trichy Krishnan is Associate Professor in Marketing at NUS Business School. Professor Krishnan specialises in research on pricing and distribution. Siddharth Singh and Dipak Jain collaborated in
      REUTERS  -  818 words
    • 828 24  -  THE BOTTOM LINE PAUL KRUGMAN HERE’S the situation: The US economy has been crippled by a financial crisis. The president’s policies have limited the damage, but they were too cautious, and unemployment remains disastrously high. More action is clearly needed. Yet the public
      828 words
    • 1350 25  -  Boards should have directors with enough industry expertise to make meaningful judgments about strategy and risk By PAUL STREBEL Paul Strebel is the Sandoz Family Foundation Professor of Governance, Strategy and Change at IMD, the leading global business school based in Switzerland. He
      STOCKXCHNG  -  1,350 words
    • 873 25  -  WILLIAM PESEK JR William Pesek is a Bloomberg News columnist. The opinions expressed are his own. EVEN for a guy dubbed Japan’s “Shadow Shogun”, it was a breathtaking moment. There he was, scandal-tainted powerbroker Ichiro Ozawa, announcing a move to challenge his own ruling
      873 words
  • Page 24 Advertisements


  • AVIATION
    • 689 26 Annual demand until 2030 slated to be 49,900, against supply of 47,025 Bloomberg [SINGAPORE] Cathay Pacific, Qantas and Emirates are awaiting deliveries of about 400 planes to capitalise on Asia’s rising prosperity. Finding pilots is the next job. Boeing expects the region’s
      Bloomberg  -  689 words
    • 651 26 Bloomberg [LONDON] Willie Walsh, chief executive officer of British Airways plc, has caught the merger bug. Not satisfied with a takeover of Spain’s Iberia Lineas Aereas de Espana SA, Mr Walsh says that he’s seeking more deals to keep pace with
      Bloomberg  -  651 words
    • 222 26 AFP [BEIJING] China said yesterday it is investigating the qualifications of the nation’s commercial pilots after revelations that more than 200 of them had falsified their resumes. The probe comes after 42 people died on Aug 24 when a Brazilian-made regional jet
      AFP  -  222 words
    • 445 26 AP [DUBAI] Pilots on board a UPS cargo plane faced radio problems and smoke in the cockpit as they struggled to maintain altitude before crashing into the desert outside Dubai last week, investigators said on Sunday. What exactly caused Friday’s
      AP; AFP  -  445 words
    • 2997 26 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ458 1410 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7268 1745 VS7279 2350 9W4081 1820 AF8087 1820 BA7381 1820 JL5084 1820 MU8213 1820 QF81 1820 Ahmedabad NH6292 1900 SQ530 1900 Amsterdam SQ323 0605 AZ3993 0025
      2,997 words
    • 4196 27 THE BUSINESS TIMES SHIPPING TIMES BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
      4,196 words
  • Page 26 Miscellaneous
    • 337 26 CRYPTIC CROSSWORD Across 1 Firm hold file on origin of grievance (5) 4 Offender’s terrible crimes a case of neglect (9) 9 Make do one’s better outside (9) 10 Propose to take in one film (5) 11 Hail storm that’s normal (7) 12 Change includes a new act of atonement
      337 words

  • Page 27 Advertisements
    • 34 27 Shipping lines seeking reliable logistics partners TO ADVERTISE, CALL JOE WONG AT 9620 Can they find your services here in the Shipping Times? O O 1327 THE BUSINESS TIMES int. UUJIIMCJJ IIIVILJ SHIPPING TIMES
      34 words

  • SHIPPING
    • 500 28 Harvesting of corn, soyabean gathers pace but autumn rains may slow pace Reuters [CHICAGO] Freight rates to ship grain by barge to the US Gulf, which surged as much as 50 per cent last month, are set to head higher this
      Reuters  -  500 words
    • 241 28 AFP [KUALA LUMPUR] A Japanese tanker has been attacked by armed pirates off an Indonesian island, the latest in a spate of incidents in a South China Sea shipping lane, a global maritime watchdog said yesterday. Noel Choong, head of the International Maritime Bureau
      AFP  -  241 words
    • 529 28 Bernama [KUALA LUMPUR] Westports Malaysia expects to chalk up revenue of close to RM900 million (S$389 million) this year, driven by brisk business activities due to an improved global economic scenario. Last year, Westports posted revenue of about RM700 million. Other factors which would
      Bernama  -  529 words
    • 540 28 AP [HANOI] Police have arrested four additional former senior executives of Vietnam’s debt-laden, stateowned shipbuilding company as part of widening investigations into mismanagement, state media reported on Saturday. The former executives for the Vietnam Shipbuilding Industry Group or Vinashin have been accused
      AP; AFP  -  540 words
  • Page 28 Advertisements

  • SINGAPORE STOCKS
    • 8998 29 Transaction date: Sep 6 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 21 13 3148 8Telecom 20.5 +2 9295 21 19 20.5 21 1.7 8.8 6.6 98.2 12 5.5 5834
      8,998 words
    • 1687 30 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 9 4.5 1181 t AA Grp 4.5 4 5 25 4.3 225 130 6222 t APStrategic 194 176 190 115.1 4 0.5
      1,687 words
    • 821 30 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 $mil 124 107 6389 ABF SG Bond ETF 116 112 116 529.5 945 732 CIMBAsean40 100US$ US945 +6 20 945 945 949 954 37.8 307
      821 words
    • 259 30 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 $mil 56 36.5 6000 AVJennings A44cd -2 32 44.5 44 43.5 46 3.6 8 3.5 114.6 46.5 16 6017 Genting HK US$ US44 +2 *****9
      259 words
    • 9382 30 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.19/ APS Alpha Fund (USD)!** 0.88/ APS Alpha Fund Cl B SGD!** 1.19/ APS Alpha Fund Cl B USD!** 0.88/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,382 words


  • FINANCE & COMMODITIES
    • 374 31 In local curr In S$ In US$ dy yr dy yr dy yr Sep 3 Index Change Change Change Change Change Change World Index Preliminary 810.2 0.7 -2.7 0.7 -7.5 0.8 -3.4 EAFE Preliminary 750.8 0.7 -4.3 0.8 -10.0 0.9 -6.1 Europe Preliminary 1104.3 1.0
      374 words
    • 132 31 Sep 6 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2170 1.2540 Can dollar 1.2840 1.2990 Euro 1.7190 1.7390 NZ dollar 0.9580 0.9790 Sterling pound 2.0610 2.0850 US dollar 1.3350 1.3500 Local dollars to 100 units of foreign
      132 words
    • 27 31 Sep 6 Open High Sett STI Sep 3031 SIMSCI Sep 355.0 358.9 357.9 Taiwan Sep 275.3 279.3 277.8 Source: MF Global (S) Pte. Ltd
      27 words
    • 180 31 Sep 6 $S Offer Bid Overnight 0.08 0.03 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.06 US$ Offer Bid 7 days 0.33 0.23 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.55 0.35 6 months 0.75 0.55 9 months 0.85 0.65 12
      180 words
    • 24 31 Sep 6 S$ Bid Offer 1-month 1.3429 1.3441 2-months 1.3429 1.3442 3-months 1.3429 1.3441 6-months 1.3427 1.3440 Source: OCBC Source: OCBC
      24 words
    • 72 31 Sep 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Sep 10 2702 2739 2740 2702 714 1802 Oct 10 2664 2670 2680 2639 1018 9803 Nov 10 2594 2620 2630 2585 9425 ***** Dec 10 2583 2612
      72 words
    • 427 31 Sep 6 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep10 99.7050 0 1037 Dec10 99.6150 0 5384 Mar11 99.5350 0 3063 Jun11 99.4200 0 2319 EUROYEN TIBOR FUTURES Sep10 99.6450 99.6500 99.6450 99.6500 348 3622 Dec10 99.6850 99.6850 99.6850 99.6850 567 1879 Mar11 99.6900 99.6900 99.6825
      427 words
    • 134 31 Sep 6 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Oct 10 349.0 348.5 351.0 26 Nov 10 349.0 Dec 10 349.0 349.0 349.0 4 Jan 11 349.0 Feb 11 349.0 Mar 11 350.0 Apr 11 350.5 May 11
      134 words
    • 90 31 Sep 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 09.12.2010 0.29 0.30 0.25 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*****1E 2.500 01.10.2012 104.24 104.26 104.26 5-Year N*****0N 1.375 01.10.2014 102.68
      90 words
    • 105 31 Sep 3 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Sep 10 1029.75 1007.50 1031.25 1008.00 Nov 10 1035.00 1009.00 1041.25 1009.00 Jan 11 1043.75 1018.50 1049.75 1018.50 Mar 11 1049.00 1025.00 1054.25 1025.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 10 40.32 39.66 40.40
      105 words
    • 77 31 CRUDE OIL PRODUCTS Sep 3 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 75.42 0.10 WTI (Near Mth) 74.44 -0.53 Dubai (1-Mth F) 74.66 0.12 Tapis blend 81.60 0.50 Minas 76.50 0.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 73.69 -0.08 Jet Kerosene 87.20 0.70 US$/barrel Opec Oil
      77 words
    • 2149 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 2.5 -0.5 3778 1 3 2.20 3 6221 Asia-Pacific Strategic W*****6 38.5 1 150 -3 5.04 44 6227 ASJ Hldgs W*****1 3.5 1 4 15
      2,149 words
    • 464 31 Sep 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.952 6.225 0.711 7.124 42.624 82.402 0.772 10.739 2.854 1.267 78.743 40.671 1.232 6.595 0.932 29.237 28.540 0.594 0.917 Canada 1.051 6.542
      464 words
    • 85 31 Sep 6 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 31 Sep 6 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2310 1.2328 0.9167 0.9172 Canadian dollar 1.2937 1.2955 0.9634 0.9639 Euro 1.7319 1.7344 1.2897 1.2904 NZ dollar 0.9716 0.9731 0.7235 0.7240 Sterling pound 2.0737 2.0761 1.5442 1.5446
      154 words
    • 138 31 GOLD (US$/oz) Sep 06 Sep 03 Hong Kong 1248.80 1251.50 Sep 03 Sep 02 London 1246.50 1251.30 1247.50 1251.70 Source: Thomson Reuters CAST BAR Sep 06 (S$) Selling Buying Kilobar 57,808.89 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 129 54 5gm 368 270 10gm 657 539 20gm
      138 words
    • 71 31 Sep 3 Sep 3 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2121.00 2119.50 3 months 2147.00 2145.00 Copper, Grade A (US$/tonne) Cash 7633.25 7623.25 3 months 7646.00 7635.00 Lead (US$/tonne) Cash 2141.00 2129.50 3 months 2168.00 2155.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • 82 31 Sep 3 COCOA (£/tonne) Close Prev High/Low Sep 10 1953 1943 1970/1938 Dec 10 1952 1945 1968/1925 Mar 11 1966 1959 1983/1940 May 11 1980 1976 1995/1956 COFFEE (US$/tonne) Close Prev High/Low Sep 10 1604 1611 1607/1600 Nov 10 1639 1641 1647/1615 Jan 11 1655 1655 1660/1632 Mar 11
      82 words

  • PROPERTY
    • 886 32 Real estate stocks on the boil, with the index up 28% in the last 3 months Reuters [BANGKOK] From its business district to leafy suburbs, new condominiums are sprouting almost daily across Bangkok, but developers and investors alike seem little concerned about a property
      Reuters; REUTERS  -  886 words
    • 488 32 Bloomberg [HONG KONG] Transactions of used apartments at 10 of Hong Kong’s biggest private developments fell for a second straight week as sellers held out for their listed asking prices after consecutive government land auctions that beat estimates. Thirty-six deals were recorded in
      Bloomberg  -  488 words
    • 596 33 Chinese insurers are allowed to invest up to 10% of their total assets in real estate Reuters [SHANGHAI] China will allow insurers to broaden their investment channels into private equity and real estate, a long-awaited move that could unleash as much as US$100
      Reuters; BLOOMBERG  -  596 words
    • 1022 33 Bloomberg [SINGAPORE] Bonds issued by China developers are rebounding from their worst first half in two years as a record US$6.8 billion in offshore debt sales spurs confidence the borrowers have the resources to weather a slowing economy. All but one of the
      Bloomberg  -  1,022 words
  • Page 32 Advertisements
    • 323 32 KnightFrank.com.sg A FOR SALE BY TENDER 51 ORIOLE CRESCENT Detached House in Raffles Park Good Class Bungalow Area Legal Description Lot 99,267 Mukim 15 Freehold Land area 10,501 sq ft (approx. 975.6 sq m) Prestigious and exclusive residential enclave Situated close to established schools such as Nanyang Girls' High, Raffles
      323 words
    • 250 32 hi: Cove Drive Elegant 6800/8000sqft 2 1/2 storey modern home Gracious master suite Lovely golf course views Asking $2800psf -flTTT Paradi ery ous Indivi pt«p*€Way $2800psf Ocean Drive Modern 6800/7300sqft 5+1 rooms Full panoramic seaview Asking $3500psf Treasure Island (3 villas) Ranging fm 8500 1 2,000sqft land Variants of 9000
      250 words
    • 19 32 JONES LANG LASALLE Real value in a changing world For Sale By Expression Of Interest 18 New Industrial Road
      19 words

  • Page 33 Advertisements
    • 151 33 PRIME FREEHOLD RESIDENTIAL REDEVELOPMENT SITE FOR SALE Newton View Singapore Chinese Girls D Sch £> Jr AngloUtf. Chinese Sch(Pri) s^O. Velocity Square 2 ,VJ\SON ROAD (J" fejJ <£- NOVENA SUBJECT •PROPERTY 4/ United St. Joseph's Square institution O 3 0. Goodwood Newton Residence Circus SW (U/C) fys Sheraton Twrs O"
      151 words
    • 219 33 PRIME INDUSTRIAL BUILDING FOR SALE Location Description Land Area GFA Tenure Zoning Jurong East Vicinity A single storey purpose-built warehouse bldg with a 2-storey office annex Approx. 38,000 sq ft Approx. 23,000 sp ft 38 years unexpired Business 2 For enquiry, please contact: Sole Marketing Agent Bernard Goh 9725 1528
      219 words
    • 1 33 adv
      1 words

  • Page 34 Advertisements
    • 90 34 A signature you can trust. What better guarantee can you have than a name you can trust? That's why we put our signature on every one of our funds. Ask for them by name next time your talk to your investment advisor. iE Asset Management www.jpmorganam.com.sg Investors should note that
      90 words