The Business Times, 23 September 2010

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Total Pages: 54
1 24 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|Sl A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, September 23,2010
    23 words
  • 956 1  -  With January deadline looming, most face prospect of losing access to new CPF money By GENEVIEVE CUA [SINGAPORE] With just three months to go before their moment of reckoning, less than half the funds here fully meet all the admission criteria
    956 words
  • 141 1 ST INDEX 3,096.10 (+0.71) ST INDEX FUTURES 3,096 (+3) SIMSCI 363.47 (unch) SIMSCI FUTURES 364.20 (+1.40) FOREX US$ S$ US$ (S$ per US$) 1.328 (US$/S$ per 1.569 2.083 EURO (US$/S$/E) 1.330 1.766 Foreign currency per US$ S$ YEN 84.80 63.90 RM 3.091 2.328 HK$ 7.760 5.844 BAHT 30.67
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  • 691 1  -  It heads regional corp governance rankings but could have done better By MICHELLE QUAH [SINGAPORE] Singapore has reclaimed the coveted top spot beating Hong Kong in the closely watched corporate governance rankings of 11 markets in Asia, prepared by the Asian Corporate Governance Association
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  • TOP STORIES
    • 795 2  -  Developers coy about impact of cooling measures By UMA SHANKARI [SINGAPORE] Developers celebrating the Mid-Au-tumn Festival yesterday were generally coy when asked about the impact thus far of the government’s recent measures to cool the property market. Some, however, were more comfortable talking about their
      ARTHUR LEE  -  795 words
    • 788 2  -  Fed lauded by market watchers and economists for taking the right tack By ANDREW MARKS By in New York MAYBE the stock market did not really want QE2 after all. A week's worth of speculation on Wall Street that the US
      788 words
    • THREE-MINUTE DIGEST
      • 60 2 WITH just three months to go before their moment of reckoning, less than half the funds here fully meet all the admission criteria for the CPF Investment Scheme. For the rest, the clock is ticking as they face the prospect of
        60 words
      • 50 2 SINGAPORE has reclaimed the coveted top spot beating Hong Kong in the closely watched corporate governance rankings of 11 Asian markets by the Asian Corporate Governance Association and CLSA Asia-Pacific Markets. But even ACGA feels that the topper could have scored higher. FRONT PAGE
        50 words
      • 92 2 MAYBE the stock market did not really want QE2 after all. A week’s worth of speculation on Wall Street that the US central bank was prepared to announce a new round of quantitative easing had helped bolster the stock market’s surprising
        92 words
      • 48 2 DEVELOPERS celebrating the Mid-Autumn Festival yesterday were generally coy when asked about the impact thus far of the government’s recent measures to cool the property market. Some, however, were more comfortable talking about their confidence in the long-term prospects. TOP STORIES, PAGE 2
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      • 65 2 A FLURRIED exchange of letters continues between those for and against TT International’s debt restructuring scheme, as both sides try to drum up support ahead of Friday morning’s re-vote. The outcome will determine whether the scheme goes before the Court of Appeal, which then
        65 words
      • 74 2 THE Straits Trading Company’s wholly owned subsidiary Rendezvous Hotels International has been sued for RM169 million for the alleged repudiatory breach of a lease agreement with Malaysia-based property developer Taragon Capital Malaysia Sdn Bhd. The jeopardised lease agreement for a four-star hotel
        74 words
      • 56 2 BUSINESSES seeking their fortunes in Latin America shouldn’t confine themselves to commodities in the resource-rich region, said IE Singapore’s CEO Chong Lit Cheong. Rather, the next big wave that they should ride on is Latin America’s rising consumerism from the burgeoning middle class,
        56 words
      • 58 2 EUROPE finally voted through landmark curbs yesterday to clamp down on its finance industry just as fears returned that Ireland, like Greece, was staring down bankruptcy. The package of laws will create four pan-European bodies that are likely to seize control over the dizziest
        58 words
    • 612 4  -  Improved sentiment due to renewed corporate interest By NISHA RAMCHANDANI [SINGAPORE] Hotels around the Formula One race track are running at close to full house for this weekend’s Singapore Grand Prix, helped by renewed corporate interest fuelled by the stronger economy. However, additional supply
      612 words
    • 322 4 AFP Bloomberg [TOKYO] A two-week Chi-na-Japan row over a fishing captain’s arrest in disputed waters has rippled through an Asia-Pacific ministerial conference in Japan, reports said yesterday. Japan, which in November hosts an Asia-Pacific Economic Cooperation (Apec) summit, has this week invited tourism ministers and
      AFP; Bloomberg; AP  -  322 words
    • 643 4  -  Letters sent out to back their cause ahead of tomorrow’s re-vote By TEH SHI NING [SINGAPORE] A flurry of letters continues between those for and against TT International’s debt restructuring scheme, as both sides try to drum up support ahead of tomorrow morning’s re-vote.
      643 words
    • 576 4  -  Report says that CEO threatens to quit after snub over chairmanship By NEIL BEHRMANN in London HSBC Holdings will continue to concentrate on Asia and emerging markets regardless of changes at the top. HSBC officials said that they could not
      576 words
    • 398 4  -  REUTERS BREAKINGVIEWS By JAMES PETHOKOUKIS IF deftly handled, the exit of bril-liant-but-testy White House economic adviser Lawrence Summers could be addition by subtraction. Mr Summers’ departure for Harvard University gives President Barack Obama an opportunity to fill a gaping hole in his
      398 words
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    • 171 2 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 to arrange a personal tour today! W servcorp.com.sg Or Google "Servcorp" A
      171 words

  • Page 3 Advertisements
    • 567 3 watches of Switzerland a; Omega Speedmaster Date To commemorate the Youth Olympic Games in Singapore, OMEGA has selected the Timeless Collection Speedmaster Date. It features a lacquered white dial with black Arabic numerals and vintage red OMEGA logo and name, with the date window at 3 o'clock. The five-coloured Olympic
      567 words

  • Page 4 Advertisements
    • 235 4 MATS RECRUIT Ourclien listed ontheSingaporeExchangeMainboard,ownsandoperatesone the world ~ss large integratedpalmoilplantationgroup companieswithwellestablisheddownstreambusiness operations. alsoone theleadingfoodmanufacturers China Ourclien expandingitsdownstreamoperationsand lookingforhighl motivate individual for the following positions: HEAD OF DOWNSTREAM Job Description This leadershiprolewithdirectreportingline theGroupChairmanandCEO. Keyindividual accountabilities include: Provid leadership thedownstreamorganisatio Develop strategy and prioritize business developmen opportunitie for downstream organisatio Manag overal
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    • 110 4 LUXURY TOURS TRAVEL PTE LTD .1 "Fullfilling your requirments with finesse" Our experienced team of planners takes charge right from the start. We offer you the best venues available, suggestions settings. These includes transportation, meals, sightseeing tours tourist guides. Our services at a glance Incentive Conference packages Coach Charter to
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    • 230 5 Nature Paraphrased. For the Epitome of Living. Belle Vue Residences, a freehold limited edition masterwork by internationally lauded architect Toyo Ito, is inspired by Nature’s exquisite tree branching patterns to achieve a rare ambient of lush tranquility in the heart of Singapore’s prime Oxley-Orchard enclave. Discover the beauty of Ito’s
      230 words

  • COMPANY NEWS
    • 416 6  -  It gets US$40m from SocGen in a ‘full and final amicable’ settlement By JOYCE HOOI A US$40 million settlement has been reached between Jurong Shipyard and Societe Generale (SocGen) the last of the 11 banks entangled in the foreign exchange debacle
      416 words
    • 467 6  -  It failed to meet Sept 8 deadline for resumption proposal By MICHELLE QUAH JURONG Technologies Industrial Corp (JTIC) has been ordered to de-list after busting the last deadline given to it by the Singapore Exchange (SGX). The company will be de-listed by Sept
      467 words
    • 219 6 “SIZE Does Matter”. That is one of three eye-catching headlines that advertisements for SPH Magazines will carry through its newly-launched corporate brand campaign that will run till March next year. The campaign will run island-wide on media platforms such as print, online
      219 words
    • 267 6 Pictet-Absl Rtn Glo Cons-P EUR 17.09.2010 EUR 99.11 Pictet-Absl Rtn Glo Div-P EUR 17.09.2010 EUR 110.02 Pictet-Asian Equities Ex Japan-P USD 17.09.2010 USD 171.17 Pictet-Asian Local Currency Debt-P USD 17.09.2010 USD 135.57 Pictet-Biotech-P USD 17.09.2010 USD 272.71 Pictet-CHF Liquidity-P 17.09.2010 CHF 124.12 Pictet-Clean Energy-P USD 17.09.2010 USD 75.02
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    • 490 7  -  It also suspends his licence for 3 months; case involves false market in SPC stock By LYNETTE KHOO THE Monetary Authority of Singapore (MAS) has imposed a civil penalty of $50,000 on a trading representative of CIMB Securities for false
      490 words
    • 394 7  -  By JAMIE LEE SINGAPORE Exchange chief executive Magnus Bocker has received a $1 million bonus, about 7 per cent higher than the minimum bonus payment set by SGX. This means that Mr Bocker was paid $4.34 million for the seven months
      394 words
    • 765 7  -  HOCK LOCK SIEW By R SIVANITHY WHEN announcing the imposition of a $50,000 civil penalty on a CIMB dealer for entering false “sell” orders for shares in Singapore Petroleum Company (SPC), the Monetary Authority of Singapore (MAS) said “the entry and deletion of
      765 words
    • 606 8  -  Malaysia’s Taragon says Rendezvous Hotels in breach of lease agreement By FELDA CHAY THE Straits Trading Company’s wholly owned subsidiary Rendezvous Hotels International (RHI) has been sued for RM169 million (S$72.6 million) for the alleged repudiatory breach of a lease agreement with
      606 words
    • 474 8  -  HOT STOCK By KAREN NG GMG Global is in discussions to acquire a foreign company in South-east Asia which is engaged in rubber production and trading. The Singapore main-board-listed rubber plantation group disclosed this yesterday in response to a Singapore Exchange query
      474 words
  • Page 6 Advertisements
    • 216 6 My life is filled with comfort and joy. As a young professional, I am working towards financial freedom; achieving a quality lifestyle for me and my family. For my husband and me, that starts with owning our first house. My Freedom, My Objective, My Dream, My investments must provide me
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  • Page 7 Advertisements
    • 483 7 Enjoy 0.5% p.a. bonus interest on your savings for 6 months*. Top-up minimum S$25,000 in fresh funds from now till 30 September 2010 to qualify. Your funds are held in a Multi Currency Savings Account allowing greater flexibility and access. As an HSBC Premier customer, you can be confident that
      483 words

  • Page 8 Advertisements
    • 2386 8 MATS BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg GuocoLeisure Limited A Member of the Hong Leong Group (Company Registration No.*****) (Continued in Bermuda as an exempted company) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 49th Annual General Meeting of the Company will be
      2,386 words

  • SINGAPORE MARKETS
    • 565 9  -  STI surrenders early gains to end just 0.7 of a point up; GMG Global and Berlian Laju most active STOCKS R SIVANITHY Senior Correspondent TRADING is always dictated by expectations of what Wall Street might do in the session ahead. And so it was
      Source: Bloomberg  -  565 words
    • 186 9 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 7 7 0 0 0 4 7 7 Manufacturing 73 65 69 9 5 16 82 70 85 Commerce 24 27 20 3 3 2 27 30 22 Tpt/Stor/Comms 23 17 4
      186 words
    • 123 9 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 47,252 47,252 58,022 58,022 Manufacturing 1,002,197 41,479 1,043,676 520,203 7,471 527,674 Commerce 152,207 80,934 233,141 172,986 17,849 190,835 Tpt/Stor/Comms 378,928 12,601 391,529 376,334 1,609 377,943 Finance 50,806 47 50,853 304,731 6 304,737 Construction 232,234 12,104
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    • 111 9 Stock name Close Change CapMallsAsia 2.220 CapitaLand 4.040 +0.060 CapitaMall 2.010 +0.020 CityDev 12.000 +0.040 ComfortDelGro 1.530 -0.020 DBS Grp 13.820 -0.060 F&N 6.200 Genting SP 2.100 -0.020 Golden Agri 0.580 -0.010 HK Land 6.000 +0.030 JMH 46.900 +0.060 JSH 27.200 +0.140 Jardine C&C 38.600 +0.320
      111 words
    • BROKERS’ TAKE
      • 348 9 Singapore Exchange Sept 22 close: S$8.70 DBS Group Research, Sept 22 THE long-awaited American Depository Receipt (ADR) listings will be quoted on Oct 22. Singapore Exchange (SGX) will also start clearing over-the-counter traded financial derivatives, starting with interest rate swaps denominated in Singapore dollars and US dollars, which
        348 words
      • 337 9  -  Sept 22 close: S$0.785 OCBC Investment Research, Sept 22 Compiled by CONRAD TAN SOILBUILD Group announced on Tuesday that it is applying for voluntary delisting from SGX. The offeror, Dolphin Acquisitions Pte Ltd, intends to take Soilbuild private. Lim Chap Huat, the sole shareholder and director of Dolphin,
        337 words
    • 450 9 index hits 6-month low after Fed meet CURRENCIES Reuters [NEW YORK] The US dollar fell yesterday to its lowest level against the yen since Japan intervened last week, with the dollar index hitting a six-month trough after the Federal Reserve raised expectations of more monetary easing. Additional stimulus by the
      Reuters  -  450 words
    • 66 9 Sep 22 VALUE CLOSE BT OB/OS 682.00 +73.00 BT CADI -*****.00 +18.00 BT 10-day MA -*****.00 +68.00 FTSE ST Mid Cap 766.69 +0.62 FTSE ST Small Cap 575.56 -1.69 FTSE ST All Share 766.11 +0.09 FTSE ST China Top 284.43 +1.26 FTSE ST China 319.40 +1.10 FTSE
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    • 57 9 VOLUME GMG Global 214,590,000 BerlianLaju 145,881,000 Genting SP 102,199,000 *Genting HK US$ 100,249,000 UMS 88,238,000 JES 86,580,000 ChinaNTown 81,623,000 Cosco Corp 67,023,000 Biosensors 64,525,000 CSC Hldgs 58,066,000 VALUE($) Genting SP 217,048,720 Cosco Corp 120,339,850 CapitaLand 106,857,458 Noble Grp 99,681,510 UOB 98,541,240 SGX 91,209,190 NOL 79,886,110 SingTel 77,677,263
      57 words
    • 113 9 BY CENTS CLOSE UP DBXT USDIGInfl 5US$ ***** 642.4 2.0 GLD 10US$ ***** 143.3 0.9 DBXT MSTHAI 10US$ 1430 73.0 4.0 DBXT MSKorea 10US$ 5074 50.4 0.8 DBXT STGLDv100 10US$ 2662 45.1 1.3 DBXT MSINDIA 10US$ 1111 43.8 3.1 UOB 5.05%NCPS 100 ***** 40.0 0.4 DBXT S&P Short 10US$
      113 words
    • 118 9 BY CENTS CLOSE DOWN DBXT Nifty 10US$ ***** -83.6 -0.5 STXPO 100 1328 -16.0 -1.2 APStrategic 160 -14.0 -8.0 UOB BNP eCW*****8 93 -14.0 -13.1 UOB MBL eCW*****4 87 -13.0 -13.0 AustlandPG A$ 277 -12.7 -3.5 Lyxor India Nifty 10 1750 -10.0 -0.6 DBS Grp 1382 -6.0 -0.4 Ezra
      118 words
    • 83 9 Sep 22 CHNG YR 2010 CLOSE FR Sep 21 S$ LOW S$ HIGH US$ 1.3278 0.34 1.4219 1.3278@ Euro 1.7731 -1.33 2.0153 1.6886 Pounds 2.0809 -0.53 2.2831 2.0003 A$ 1.2688 -0.63 1.2960 1.1515 Yen* 1.5690 -0.54 1.6080 1.4467 Rupiah* 0.***** 0.19 0.*****0.*****@ Baht* 4.3328 0.05 4.3611 4.1977 Peso* 3.0229
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  • SINGAPORE NEWS
    • 735 10  -  S’pore businesses urged to ride on rising wave of consumerism there Reports by LYNN KAN BUSINESSES seeking their fortune in Latin America should not confine themselves to commodities in the resource-rich region, says International Enterprise (IE) Singapore CEO Chong Lit Cheong. Rather, the
      735 words
    • 449 10 WHILE Latin America’s booming middle class is of interest to Asia, Asia’s affluent and “branded” people are similarly arousing interest among Latin American companies. And one of these companies is Chilean winemaker Concha y Toro, which has moved its Asian operations from Shanghai to set up
      449 words
    • 435 10  -  By KAREN NG GOOD things definitely come in small packages and in this instance, goodie bags for 1,200 underprivileged children. The youngsters will be beneficiaries of the Children for Children (CFC) community event organised by The Arts House, The Business Times and CHIJ (Kellock).
      YEN MENG JIIN  -  435 words
    • Article, Illustration
      51 10 LUCIEN WONG (left), managing partner of Allen Gledhill, and Simon Davies (centre), managing partner of Linklaters, presenting Laurence Lien, chief executive of the National Volunteer Philanthropy Centre, with a donation of $50,000 yesterday. Linklaters Allen Gledhill a joint venture of Allen Gledhill and Linklaters celebrated its 10th anniversary
      51 words
    • 410 10  -  It should explore macroprudential regulations: MD By JOYCE HOOI STRONGER supervision will be critical in achieving good regulatory outcomes, said Heng Swee Keat, the managing director of the Monetary Authority of Singapore (MAS) yesterday at the 16th International Conference of Banking Supervisors. “Effective
      410 words
    • SINGAPORE ROUNDUP
      • 93 10 GERMAN firm Messe Berlin will now host ITB Asia from 2011-2013, another three years after its current contract. Yesterday, the organiser of large tradeshows clinched a new three-year deal with Suntec Singapore International Convention and Exhibition Centre. Messe Berlin chief executive
        93 words
      • 115 10 MEDTEC Southeast Asia, an international sourcing event for medical device design and production professionals, will make its Asean debut in Singapore. Organised by Canon Communications, the tradeshow will be held in December at Suntec. Canon Communications said that it was timely
        115 words
    • 245 10 AFTER soaring across the board two weeks ago, certificate of entitlement (COE) premiums slumped in yesterday’s bidding exercise the second for September. A COE in Category A, for cars below 1,600cc, shed $3,088 to $30,001, while Cat B, for cars above 1,600cc, fell $1,628
      245 words
    • 387 11  -  Tuas extension project will create more sites with waterfront access By RONNIE LIM DEVELOPMENT of Tuas View Extension a hockey stick-shaped site on Singapore’s western tip as the country’s next major port and offshore marine centre is gaining momentum. JTC Corporation has awarded the
      387 words
    • 291 11  -  By ARTHUR LEE IT TOOK three hours of careful planning and direction to hoist this Audi R8 Spyder early yesterday morning onto the eighth floor Sky Lounge of the Fullerton hotel. Four lanes were closed to traffic just after midnight as a heavy duty
      ARTHUR LEE  -  291 words
    • 413 11  -  By NISHA RAMCHANDANI MERCEDES GP Petronas driver Nico Rosberg is hoping to lock in a podium finish at the Singapore Grand Prix this weekend but the team is also starting to look ahead to preparing for the 2011 season. “It’s not
      REUTERS  -  413 words
  • Page 10 Advertisements
    • 111 10 ~^/{=%{\,`_%(?{(<:);.-,`;/\)&|' corporateadvisory Ourclien listed ontheSingaporeExchangeMainboard, leading regionalpropertydeveloper leadingdeveloper Indonesiaand engaged thedevelopmen andconstruction commercial,residential andindustrialproperties,townships,hotelsandresorts. haslong-term investments major commercialbuildings, hotels andresorts, and involved property sales, leasing andmanagement its real estate developmen and investments Indonesia, China Singapore and Malays Chief Executive Officer (CEO), Singapore JobDescription This challengin role, with reporting line the
      111 words

  • Page 11 Advertisements
    • 479 11 Gain insights into the lucrative franchising industry with experts high-level speakers Franchising Building local businesses, International Symposium on Franchising Co-Sponsored by the International Franchise Association and the Franchising and Licensing Association (Singapore) 21 -22 October 2010 Marina Bay Sands, Singapore 21 Octo Kenneth D.Walker CFE, Chairman CEO, Driven Brands, Inc.
      479 words
    • 386 11 Announcing the first FLA CEO FORUM Mr Terry O'Connor, CEO of Courts Asia on Getting Back To Basics 5 October 2010 (Tuesday) 11 2.00pm 2.30pm Grand Copthorne Waterfront Hotel 392 Havelock Road,WaterFront II, Level 2 A S 2008 drew to a close, Courts faced a number of issues. each needed
      386 words

  • ECONOMY WATCH
    • 836 12 Mining projects put at over A$700b or nearly 60% of country’s GDP Reuters [SYDNEY] Australia is in the midst of a modern gold rush as voracious Asian demand for resources stokes a boom in mining investment that should last years, setting it far
      Reuters; REUTERS  -  836 words
    • 294 12 Exporters are complaining about the baht’s strength, but it is still undervalued Reuters [BANGKOK] A rise in the baht to a 13-year high has not damaged the economy, the Bank of Thailand said yesterday, adding that its GDP and export growth targets for this year
      Reuters  -  294 words
    • 621 12 Bloomberg [LONDON] Bank of England policymaker Andrew Sentance reiterated that the central bank should raise its benchmark interest rate “slowly” to combat inflation as the British and world economies avoid a doubledip recession. The bank needs to “gradually move interest rates
      Bloomberg; REUTERS  -  621 words
  • Page 12 Advertisements
    • 122 12 55 Wall St. New York Cipriani Club Residences s H N s 3 ll 7 -rJ m m 7 A sign of prestige. A landmark of history. Affordably yours. Times Sq Central Pk f mins I mins (fsV mins I mins Columbia University <12 55 Wall Street Cipriani Club Residences
      122 words

  • MALAYSIA
    • 590 13  -  Some projects may find takers, but critics chew up plan to draw investors By PAULINE NG in Kuala Lumpur MALAYSIA’S economic transformation programme (ETP) has been greeted with mixed feelings of cautious optimism and indifference, sceptics writing off the government’s agenda to
      590 words
    • 325 13 Reuters [KUALA LUMPUR] Malaysia Marine and Heavy Engineering’s (MMHE) US$500 million initial public offering is scheduled to be listed on Oct 29, a source with direct knowledge of the terms told Reuters yesterday. Shareholders of MISC Bhd, the parent company, were told
      Reuters  -  325 words
    • 360 13 Central bank may face pressure to resume rate hikes Bloomberg Reuters [KUALA LUMPUR] Malaysia’s inflation rate climbed in August to the highest level in 15 months, a gain that may put pressure on the central bank to consider resuming interest rate increases
      Bloomberg; Reuters; AFP  -  360 words
  • Page 13 Advertisements
    • 296 13 Bank Julius Baer presents The Business Times Leadership Conference 2010 REVIVALor RELAPSE? Is the financial crisis really over? What are the options for investors? s$ Thursday 14 October, 2010 9.30am 2pm Capella Singapore Grand Ballroom $150 per participant (inclusive of luncheon) Register at http://pbp.sph.com.sg/btconf2010/ by midnight, 5 October 2010. Payment
      296 words

  • GREATER CHINA/INDIA
    • 307 14 The AIA offering would be among the world’s largest share sales Bloomberg [HONG KONG] AIA Group Ltd, the main Asia unit of bailed-out insurer American International Group Inc (AIG), got preliminary approval from the Hong Kong bourse for its initial public offering
      Bloomberg  -  307 words
    • 386 14 More may follow, says Australia, as event is beset by crisis after crisis AFP AP [NEW DELHI] Top athletes are snubbing the Commonwealth Games as safety fears and complaints of filthy accommodation have left the event in crisis and India facing a national
      AFP; AP; REUTERS  -  386 words
    • 614 14 Bloomberg [WASHINGTON] Most global investors expect China to become the world’s biggest economy over the next two decades but are divided over whether that will help or hurt the economies of other industrialised countries. There’s also a strong consensus that China
      Bloomberg; BLOOMBERG  -  614 words
    • 264 14 Bloomberg [MUMBAI] Axis Bank Ltd, India’s fourth-largest lender, is beating all local and international competitors in underwriting bond sales from the country in a market the bank says is poised to grow 30 per cent. Axis underwrote 215 billion rupees (S$6.3
      Bloomberg  -  264 words
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  • Page 15 Advertisements
    • 5586 15 This Joint Announcement does not constitute an offer or a solicitation to any person in any jurisdiction in which such offer or solicitation is unlawful. The Exit Offer and the Warrants Proposal (each as defined herein) are not being proposed in any jurisdiction in which the introduction or implementation of
      5,586 words

  • Page 16/17 Advertisements
    • 285 16/17 (re)imagine living in the height of style (minutes from Orchard Road) relaxing, entertaining, working out (hundreds of feet above the city lights) (re)imagine the ease of buying a home (fully furnished with Dixon, Eames and Wegner) the luxury convenience (of a dedicated concierge) playing the perfect host (with 5-star hospitality
      285 words

  • ASIA-PACIFIC/WORLD
    • 597 18 Move comes as fears return that Ireland is staring at bankruptcy, just like Greece AFP [BRUSSELS] Europe finally voted through landmark curbs yesterday to clamp down on its finance industry just as fears returned that Ireland, like Greece, was staring down bankruptcy. The crossing
      AFP  -  597 words
    • 525 18 Cable launches review of corporate pay, takeovers Reuters [LIVERPOOL] Britain’s Business Secretary Vince Cable yesterday attacked unfettered capitalism and unveiled plans to review the way companies are governed and how takeovers work, angering business leaders. In a speech to his Liberal Democrat Party’s
      Reuters; REUTERS  -  525 words
    • 381 18 Reuters [BANGKOK] State-control-led PTT Pcl, Thailand’s top energy firm, withdrew its bid for French retailer Carrefour SA’s Thai assets yesterday following pressure by the Thai government. That leaves Thai conglomerate Berli Jucker, Thai retailer Central Group, France’s Casino and Britain’s Tesco still in
      Reuters  -  381 words
    • 618 18 It’ll lift tax revenue to 17% of GDP on par with Asian peers Bloomberg [NEW YORK] The Philippines is considering a change in cigarette and alcohol levies and will step up prosecution of tax evaders to increase revenue to a level on par
      Bloomberg  -  618 words
    • 375 18 Bloomberg [SYDNEY] Australia New Zealand Banking Group Ltd, Australia’s third biggest lender by market value, has been sued by customers seeking to recoup about A$50 million (S$63.5 million) in bank charges. IMF Australia Ltd, the country’s biggest litigation funder, said yesterday that
      Bloomberg  -  375 words
    • 616 19  -  Analysts see further intervention should the yen climb back to 82-83 to the US$ By ANTHONY ROWLEY in Tokyo FURTHER currency market intervention by Japan came a step nearer yesterday as the yen continued to recover ground from the fall it took last
      AP  -  616 words
    • 436 19 Disclosure needed for build-up of stock options and swaps Bloomberg [BERLIN] German Chancellor Angela Merkel’s Cabinet has approved legislation making it more difficult for stealth takeovers such as Porsche SE’s 2008 acquisition of shares in Volkswagen AG. The move, two years in the making, aims
      Bloomberg  -  436 words
    • 449 19 Jump casts doubt on govt’s impending plan to cut spending AFP [LONDON] British state borrowing worsened unexpectedly in August to hit a record high for the month, official data showed on Tuesday, one month before a major government crackdown on spending. The public
      AFP  -  449 words
    • 248 19 Reuters [FRANKFURT] Siemens plans to write off up to 1.4 billion euros (S$2.4 billion) in its healthcare division in the fourth quarter, it said late on Tuesday, adding that the charge did not affect its 2010 outlook. The German industrial conglomerate said
      Reuters  -  248 words
    • 298 19 AFP [LONDON] The head of Britain’s financial watchdog has urged an end to the “demonisation of overpaid traders” for their role in the financial crisis, saying ill-designed policy should take much of the blame. Adair Turner, head of the Financial Services
      AFP  -  298 words
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  • Page 19 Advertisements
    • 147 19 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg ,I I, SSean O’F ell, bachelor 2501 ichmond PPaark, Bidef Roadintend marr Olivia GGoonzalez, single Bunga Street ala Alabang Philippines rnbrook dens Po no South, nila, on 26/02/11. An person wing an wful impediment ttoo themarriageshou noti the onsular SS eecction BritishHC,100 angl
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    • 137 19 II DavidAlanHough,div 79 Road 05-04 CCasa Singapor *****6intend marr DDewiHermarini,Single Haji aimanBar No27, RRtt 07 Rw 02, edong-Pasar Rebo Jak *****, Indonesia illa es izieres anah Laing esa PPandak,Bandung-Kedi abanan-Bali,Indonesiaon4th DDeeccember 2010. An person wing an wful impediment themarriageshouldwithoutdela notify the onsular tion,BritishHigh ommissionSingapor 100 anglinRoadSingapor *****9. I, Anthony Zarr,
      137 words
    • 135 19 TONG HOW INVESTMENTS PTE LTD (In Voluntary Liquidation) Company Reg. No: 2005-*****-Z NOTICE IS HEREBY GIVEN PURSUANTTO SECTION 308 OF THE COMPANIES ACT, CAP. 50 THAT A FINAL GENERAL MEETING OF THE COMPANYWILLBEHELDON THE 20TH DAY OF OCTOBER 2010 AT 10.00 A.M. AT 9 KELANTAN LANE #06-01, SINGAPORE *****8 FOR
      135 words
    • 378 19 SWING MEDIA TECHNOLOGY GROUP LIMITED Incorporated in Bermuda (Company Registration No. *****) ADJUSTMENT TO THE NUMBER OF THE WARRANTS OF THE COMPANY Where capitalised terms are used in this announcement and not otherwise defined, such capitalised terms shall bear the same meanings as ascribed to them in the Company’s announcements
      378 words

  • EDITORIAL & OPINION
    • 503 20 EDITORIAL AFTER five years, it seems Singapore has lost bragging rights as the world’s busiest container port. It was recently revealed that, in August, the port of Shanghai moved 2.64 million standard container boxes, compared to Singapore’s 2.43 million. This helped push the
      503 words
    • 1107 20  -  Integration demands careful handling of migration of healthcare workers within region By KANNIKA DAMRONGPLASIT The writer is an assistant professor at the Division of Economics, School of Humanities and Social Sciences, Nanyang Technological University. Her areas of research include health economics, applied econometrics, programme
      REUTERS  -  1,107 words
    • 728 20  -  THE BOTTOM LINE NEIL BEHRMANN London Correspondent IT IS virtually a repeat of the bear market of 2001 to 2003. Numerous pension funds have been selling equities and placing the money in bonds and so-called alternative investments. The drip, drip pension sales of
      728 words
    • 1451 21  -  But it takes time to have an impact on global trade imbalances and is not a quick fix for US economic problems By DAVID LEONHARDT [BEIJING] SPEND enough time with Chinese officials and economists, and you will hear a story about the Japanese
      AFP  -  1,451 words
    • 780 21  -  REUTERS BREAKINGVIEWS By NEIL UNMACK CAN Greece avoid default? Credit derivative prices put the chances of a Greek default at about 50:50. European Union lawmakers say that a default is out of the question. For them to be right, Greece will need to
      780 words
  • Page 20 Advertisements


  • AVIATION
    • 393 22  -  Air freight grows 15 per cent for the same period from the previous year By VEN SREENIVASAN [SINGAPORE] The number of passengers handled by Changi Airport increased 15.9 per cent year on year in the first eight months of 2010. The
      FILE PHOTO  -  393 words
    • 566 22 Bloomberg [DALLAS] American Airlines, which stood by as its biggest US rivals completed two mergers, is struggling to return to profit as it confronts the highest costs among its peers, worst margins and the threat of a strike. American parent AMR Corp
      Bloomberg; BLOOMBERG  -  566 words
    • 352 22 Reuters [NEW DELHI] India is aiming to finalise a US$5.8 billion defence agreement with the United States before the November visit of President Barack Obama in a deal that would mark the biggest India-US defence deal ever. The two countries are in
      Reuters  -  352 words
    • 213 22 Reuters [CAPE TOWN] Planemaker Boeing forecast on Tuesday that Africa would need about 700 aircraft worth US$80 billion over the next 20 years to deal with increased air traffic as the continent’s economy picks up. The world’s poorest continent is enjoying increased air travel and
      Reuters  -  213 words
    • 3025 22 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 SQ458 1410 EY473 1950 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 Amsterdam SQ323 0605 AZ3993 0025 US5410 0605 KL836
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  • Page 22 Miscellaneous
    • 336 22 CRYPTIC CROSSWORD Across 1 Police officer’s boss, a venomous type (10) 6 Rod’s pale-looking little daughter (4) 10 11 Plant people in a house in Westminster (5,3,6) 12 Paint bird and mammal around edge of canvas (8) 13 Zest comes with a burst of passion and love (5) 15 Examine
      336 words

  • Page 23 Advertisements
    • 1717 23 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W. Malaysia, Indonesia Destination JIN ACE
      1,717 words
    • 1281 23 WAN HAI LINES www.wanhai.com.sg TO HONG KONG TAIWAN JAPAN KOREA Major Service Twice Weekly WAN HAI INTERNATIONAL PTE LTD UEN:*****4695M TEL: *****588 (14 LINES) FAX: *****163 PKL TEL: (03) *****588 FAX: (03) *****566 PEN TEL: (04) *****00 FAX: (04) *****99 JOH TEL: (07) *****23 FAX: (07) *****21 SUR TEL: (031)
      1,281 words

  • SHIPPING
    • 718 24 But brokers fear loss of business; budding platform in S’pore may pose challenge Reuters [LONDON] The Baltic Exchange is pressing ahead with launching a central screen as soon as it can to trade dry bulk freight derivatives despite broker worries over current proposals
      Reuters; BLOOMBERG  -  718 words
    • 303 24 Bloomberg [LONDON] Strengthening demand for supertankers to load two million-barrel cargoes of Middle East crude oil failed to reduce a surplus of vessels competing for shipments. There are 20 per cent more very large crude carriers, or VLCCs, seeking employment over the next
      Bloomberg  -  303 words
    • 504 24 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in a month on Tuesday as slower trade weighed on sentiment. The index, which gauges the cost of shipping commodities including
      Reuters  -  504 words
  • Page 24 Advertisements
    • 301 24 HDS LINES THE SHORTEST TRANSIT TO PERSIAN GULF Visit our website at: TBA CONTAINER SERVICE TO JEDDAH, ISTANBUL, MIDDLE EAST, PERSIAN GULF, CIS, MEDITERRANEAN AND NORTHERN EUROPE HDM SERVICE FMX and SMX SERVICE SML SERVICE VESSEL VOY SIN PKG JEA BND BIK SIN PKG JED DAM MAR GEM IST SIN
      301 words
    • 431 24 website: http://www.australasialine.com Accepting Container/Breakbulk/Heavy Lifts A US TRAL A S IA LINE EA S TERN AU S TRALIA S ERVI C E WE S TERN A U S TRALIA S ERVI C E Vessel/Voy MAP SIN JKT P. MORE BNE NTL MEL PT KEM Vessel/Voy PUSAN KOBE SHANGHAI KAOHSIUNG LAEM
      431 words
    • 430 24 SINOKOR MERCHANT MARINE CO. LTD FMX (W) FMX (E) Vessel Voy SIN JEA KLF BND WILLIAMSBURG BRID 0004W 16/09 24/09 26/09 27/09 HJ MONTEVIDEO 0006W 23/09 01/10 03/10 04/10 STX PATRAIKOS 005W 30/09 08/10 10/10 11/10 HJ GDYNIA 0013W 07/10 15/10 17/10 18/10 Vessel Voy SIN TAO KAN PUS SHA
      430 words

  • SINGAPORE STOCKS
    • 9187 25 Transaction date: Sep 22 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 -0.5 2575 20.5 20 19.5 20 1.7 9.1 6.4 95.8 12 5 5834
      9,187 words
    • 1747 26 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 9 4.5 1181 t AA Grp 4.5 4.5 5 25 4.3 225 130 6222 t APStrategic 160 -14 97 179 159 158
      1,747 words
    • 815 26 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 107 6389 ABF SG Bond ETF 124cd +6 120 124 118 118 124 566 979 755 CIMBAsean40 100US$ US973 972 980 38.9 318
      815 words
    • 257 26 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 36.5 6000 AVJennings A50.5 +3 12 50.5 50 49 50.5 3.6 6.9 4 131.5 55 16 6017 Genting HK US$ US51.5 -1 *****9
      257 words
    • 9373 26 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.23/ APS Alpha Fund (USD)!** 0.92/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,373 words


  • FINANCE & COMMODITIES
    • 374 27 In local curr In S$ In US$ dy yr dy yr dy yr Sep 21 Index Change Change Change Change Change Change World Index Preliminary 834.6 -0.3 0.3 -0.4 -5.1 -0.2 0.1 EAFE Preliminary 770.2 -0.2 -1.9 -0.2 -7.6 0.0 -2.6 Europe Preliminary 1128.9 -0.3
      374 words
    • 132 27 Sep 22 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2600 1.2970 Can dollar 1.2900 1.3050 Euro 1.7570 1.7770 NZ dollar 0.9700 0.9920 Sterling pound 2.0670 2.0900 US dollar 1.3210 1.3360 Local dollars to 100 units of foreign
      132 words
    • 27 27 Sep 22 Open High Sett STI Sep 3096 SIMSCI Sep 362.4 365.8 364.2 Taiwan Sep 290.3 291.1 closed Source: MF Global (S) Pte. Ltd
      27 words
    • 180 27 Sep 22 $S Offer Bid 0vernight 0.02 par 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.15 US$ Offer Bid 7 days 0.34 0.24 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.55 0.35 6 months 0.65 0.45 9 months 0.85 0.65 12
      180 words
    • 22 27 Sep 22 S$ Bid Offer 1-month 1.3273 1.3285 2-months 1.3273 1.3286 3-months 1.3273 1.3285 6-months 1.3274 1.3287 Source: OCBC
      22 words
    • 62 27 Sep 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 10 2741 2742 2718 437 3091 Nov 10 2696 2700 2670 2577 ***** Dec 10 2688 2694 2659 8448 ***** Jan 11 2699 2699 2662 2099 8810
      62 words
    • 417 27 Sep 22 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6300 0 7341 Mar11 99.5700 0 2666 Jun11 99.5000 0 2016 Sep11 99.4100 0 586 EUROYEN TIBOR FUTURES Dec10 99.6900 99.6900 99.6900 99.6900 244 2816 Mar11 99.7075 0 1516 Jun11 99.7225 0 3150 Sep11 99.7200 99.7200
      417 words
    • 144 27 Sep 22 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Oct 10 357.0 352.0 356.8 8 Nov 10 357.0 Dec 10 357.0 Jan 11 357.0 120 Feb 11 358.0 356.0 357.0 24 Mar 11 358.0 356.0 358.0 104 Apr
      144 words
    • 88 27 Sep 22 Sep 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 23.12.2010 0.30 0.26 0.26 1-Year BY*****W 03.05.2011 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.13 5-Year N*****0N 1.375 01.10.2014 102.82
      88 words
    • 105 27 Sep 21 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1080.00 1084.50 1093.75 1079.00 Jan 11 1090.00 1094.50 1103.50 1089.00 Mar 11 1097.50 1102.00 1110.75 1096.50 May 11 1100.25 1104.75 1113.00 1099.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 10 42.42 42.65 42.81
      105 words
    • 77 27 CRUDE OIL PRODUCTS Sep 21 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 78.78 -0.74 WTI (Near Mth) 73.05 -1.65 Dubai (1-Mth F) 76.85 0.98 Tapis blend 85.25 1.10 Minas 79.15 1.10 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 74.94 1.44 Jet Kerosene 88.80 0.31 US$/barrel Opec Oil
      77 words
    • 2392 27 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 2.5 unch 210 1 3 -8 2.40 3 6221 Asia-Pacific Strategic W*****6 39 1 150 18 4.10 44 6227 ASJ Hldgs W*****1 2.5 1 4
      2,392 words
    • 464 27 Sep 22 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.978 6.399 0.718 7.407 43.470 85.457 0.810 11.076 2.950 1.296 82.021 41.893 1.267 6.705 0.948 30.165 29.268 0.608 0.954 Canada 1.023 6.544
      464 words
    • 85 27 Sep 22 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 27 Sep 22 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2664 1.2682 0.9542 0.9547 Canadian dollar 1.2952 1.2971 0.9759 0.9765 Euro 1.7650 1.7672 1.3299 1.3303 NZ dollar 0.9770 0.9792 0.7361 0.7371 Sterling pound 2.0824 2.0845 1.5690 1.5692
      154 words
    • 138 27 Sep 22 GOLD (US$/oz) Sep 22 Sep 21 Hong Kong 1289.60 1277.90 Sep 21 Sep 20 London 1275.45 1282.30 1275.90 1282.70 Source: Thomson Reuters CAST BAR Sep 22 (S$) Selling Buying Kilobar 58,881.03 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 132 55 5gm 374 275 10gm 669
      138 words
    • 71 27 Sep 21 Sep 21 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2142.25 2164.25 3 months 2175.00 2195.00 Copper, Grade A (US$/tonne) Cash 7668.50 7703.50 3 months 7680.00 7715.00 Lead (US$/tonne) Cash 2146.25 2165.75 3 months 2175.00 2195.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
      71 words
    • 82 27 Sep 21 COCOA (£/tonne) Close Prev High/Low Dec 10 1905 1865 1918/1851 Mar 11 1921 1880 1934/1867 May 11 1936 1895 1943/1883 Jul 11 1946 1905 1954/1902 COFFEE (US$/tonne) Close Pev High/Low Sep 10 1660 1645 1664/1652 Nov 10 1669 1654 1670/1650 Jan 11 1696 1682 1697/1678 Mar 11
      82 words

  • BizIT
    • 930 28  -  Globally nine out of 10 transactions is done by cash and the cost of handling cash has reached US$300b, reports AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY DESPITE the proliferation of credit and debit cards, globally nine out of 10 transactions continue to be made
      930 words
    • 450 28  -  By VICTORIA HO SINGAPOREAN companies are missing out on the opportunity to engage their customers via their mobiles, a study has found. Sybase 365, which produces mobile commerce services, revealed survey findings showing consumer readiness in the island state to establish relationships with businesses
      450 words
    • 392 28  -  By RAJU CHELLAM WILL the rush of upgraded operating systems (OS) on the mobile platform spur the uptake of smartphones worldwide? Yes, says the latest study from research house Gartner Inc. “The worldwide mobile OS market is dominated by four players Symbian, Android, Research
      REUTERS  -  392 words
    • 593 28  -  By AMIT ROY CHOUDHURY NANYANG Technological University (NTU) has formed an advisory group to provide free legal information to Singapore’s online users on their rights and responsibilities. The group will comprise 20 independent information technology (IT) and legal experts. Known as the Community of
      593 words
    • 511 28  -  By RAJU CHELLAM THERE were two milestones reached in end-July. One was global, and the other is local. On a global scale, for the first time, the number of broadband subscriber lines passed the 500 million mark. And on the local side, 100 per
      511 words
    • 255 28  - Five local app s get fasttracked by SingTel By VICTORIA HO FIVE Singapore-developed Web and mobile applications have been selected by Singapore Telecommunications (SingTel) to be fasttracked at a Silicon Valley technology centre. The apps, selected from a pool of 200 submissions to SingTel’s Innovation Exchange programme, attracted some 5,000
      255 words

  • PROPERTY
    • 1022 29 Birmingham talking to potential investors from Middle East Reuters [BIRMINGHAM] British cities could sell assets worth billions of pounds including airports and prime real estate to plug budget holes and Birmingham is already talking to potential investors in the Middle East.
      Reuters  -  1,022 words
    • 1565 29 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED The Sail Marina Bay Apt 25/08/2010 99 614 1240 2020 Pearls Cte Apt 25/08/2010
      1,565 words
    • 661 30 Drop in values may continue to ease as homebuyers and developers return Bloomberg [TOKYO] Japanese land-price declines slowed for the first time since 2007 as credit conditions eased and the nation emerged from its deepest post-war recession. The nationwide average price dropped 3.7 per cent in
      Bloomberg; BLOOMBERG  -  661 words
    • 1727 31  -  The sector’s strong growth has attracted the attention of global hotel players and investors, report LEE PEI YING and DONALD HAN LEE PEI YING,DONALD HAN Lee Pei Ying is a research analyst and Donald Han is managing director, Cushman Wakefield HOTEL prospects appeared mixed to
      1,727 words
  • Page 29 Advertisements
    • 33 29 SAVILLS INDUSTRIAL Your Industrial Needs, Our Industrial Expertise Savills has more than 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world savills Call 6536 5022 SavillS.COITI
      33 words
    • 150 29 III: Elegant 6800/8000sqft 2 1/2 storey modern home Gracious master suite Lovely golf course views Asking $2800psf Modern 6800/7300sqft 5+1 rooms Full panoramic seaview Asking $3500psf Raradiscrc'and xut ng "scape, pte berth, pte driveway Asking $2800psf im (3ivillas) IjSeesBiKdlMfefflSi €V€IVNNG Ranging fm 8500 12,000sqft land Variants of 9000 12,OOOsqft built-up
      150 words

  • Page 30 Advertisements
    • 364 30 THE LANDMARK CANARY WHARF LONDON E14 WORLD CLASS VIEWS ■■■■■■■■■I *lll -i. li«»" '•MM IfM UI'll *'-l r V 3rm_»- -n I '-I, l|k III I .|H. J«n WHTlm,,,,, i i ..in. ,i, i, M vvtft HI t ii■ Jar 7Tb* w H "7TT i ii 11 n n i
      364 words
    • 41 30 PUBLIC TENDER GUILLEMARD COURT Lorong 28 Geylang MountbattenRd AljuniedRd AljuniedMR Old Airport Rd MountbattenMR FREEHOLD Dakota MR Geylang Rd Guillemard Rd LandArea 31,684Sq Lor28 PlotRatio2.8upto8-Storeys Guillemard Cour PayaLebarRd TTenderClosingon21October 2010@3.00pm Paya Lebar MR DEANSREALTORSPTE ForEnquiries AlwynLow *****661 DianaKok *****390 LicenceNo.AD041-*****61J 989SerangoonRoad,Singapore*****8
      41 words

  • Page 31 Advertisements
    • 25 31 HOT IPO 1 ¥®ik Lianhe Zaobao More SINIs using n m*wi SIIOBBS! programme to gauge service quality To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      25 words
    • 112 31 FOR SALE BY TENDER LEEDON ARK GoodClassBungalowapprox*****sq (land) DoubleStoreywith PoolandanAnnexBlock Excellent Dual Frontage Subdivision Redevelopment Potential TTenderClosingDate: October2010,3pm Fortenderdocuments,plscallJohnGoh *****678 *****780 MEBGyver Professionals You Trust® I m m ;c>iPn THE CONCOURSE (BEACH ROAD) For Lease Office: From 1,023 to 25,000 sqft Fringe of CBD Shuttle bus to City Hall MRT
      112 words
    • 124 31 D19 Residential Redevolopment Site (ffm JONES LANG \yJJ LASALLE Real value in a changing world For Sale By Expression Of Interest 18 New Industrial Road Land Tenure: Freehold 6-storey building 'Business 1' Zoning Site area: 30,221 sq ft Net Lettable Area: 52,564 sq ft Floor Loading 25kN/sqm (1F), 12.5kN/sqm (2F-6F)
      124 words
    • 42 31 Launching Soon! At Dhoby Ghaut MRT Excellent location Right next to Plaza Singapura/Dhoby Ghaut MRT 118 exclusive units with facilities Choice 1 2-Bedroom Rare limited 3-Bedroom Duplex available Reputed developer Call Sole Marketing Agent for Priority Preview Now! 9183 3547 9109 1988
      42 words

  • Page 32 Advertisements
    • 692 32 PREFERRED PARTNER AMERICAN EXPRESS SELECTS -A Cold Store The fresh food people INTERNATIONAL fi s ik ii ii w cold storage WINES VIVOCITY LEVEL 1 CENTRAL COURT A NOW TILL 27 SEP 2010 10am 10pm daily Indulge in your favourite wines with our superb collection from the world over and
      692 words

  • THE BUSINESS TIMES Property 2010
    • Article, Illustration
      288 1  -  Uma Shankari W HAT is next for Singapore’s property market? No one neither developers, analysts nor homebuyers can answer the question with any certainty right now. After subdued sales through all of 2008, the residential market here took off in February last year. And the buying volume
      288 words
    • 1658 2  -  WENDY TANG and PNG POH SOON examine the impact of cooling measures on HDB, mass, mid- and high-end residential properties WENDY TANG,PNG POH SOON Wendy Tang is director, residential services, Knight Frank and Png Poh Soon is senior manager, consultancy research, Knight Frank MUCH has been
      Source: Knight Frank  -  1,658 words
    • 1323 2  -  Strata-landed homes have changed hands so far this year at prices averaging $646 per sq ft, report DOREEN GOHand ELIZA LEE DOREEN GOH,ELIZA LEE Doreen Goh is a senior manager and Eliza Lee is a research analyst, research advisory. Both are with Colliers International STRICTER development
      Source: URA/Colliers International Singapore Research  -  1,323 words
    • 1182 3  -  Despite the ever-evolving definition of luxury residences, two characteristics continue to stand out: location and space, says HAN HUAN MEI HAN HUAN MEI The writer is associate director, CBRE Research, Singapore WHAT constitutes luxury homes today, especially when the entire price structure of
      1,182 words
    • 1406 4  -  Measures to cool the property market appear to have made some impact already, says EUGENE LIM EUGENE LIM The writer is associate director, ERA Asia-Pacific AMASSIVEbuildingpro-gramme was undertaken by the Housing and Development Board (HDB) in the 1970s due to a shortage of housing for
      Source: HDB; Source: HDB & ERATransactions  -  1,406 words
    • 1052 6  -  The luxury enclave saw the return of buying interest on the back of an improving global economy, report STEVEN MINGand ZENG ZHEN STEVEN MING,ZENG ZHEN Steven Ming is executive director, Savills Singapore and Zeng Zhen, senior manager, Savills Research Consultancy SENTOSA Cove, Singapore’s first
      Source: URA, Savills Research & Consultancy  -  1,052 words
    • 1354 8  -  KELVIN TAY looks at how the new measures introduced by the government will affect residential property prices here KELVIN TAY The writer is chief investment strategist Singapore, UBS Wealth Management THE 1980s witnessed one of the most spectacular property bubbles in modern history.
      1,354 words
    • 386 8  -  By EUGENE LIM The writer is associate director, ERA Asia-Pacific THE rental scene in the HDB market is buzzing, with strong demand for flats that is likely to continue as Singapore’s economy powers ahead. The number of flats approved for sub-letting by the Housing and
      386 words
    • 1103 10  -  ONG TECK HUIsays Singapore is faced with a looming under-supply situation in the prime and mid-prime segments ONG TECK HUI The writer is executive director, research and consultancy, Credo Real Estate THE residential property market roared back to life in the second half
      1,103 words
    • 1429 14  -  Jurong Gateway and Paya Lebar Central are two up-and-coming commercial hubs, report DESMOND SIMand CHUA YANG LIANG DESMOND SIM,CHUA YANG LIANG Desmond Sim is associate director, research and consultancy Singapore and Chua Yang Liang is head of research, South-east Asia, Jones Lang LaSalle SINGAPORE’S population
      Source: Jones Lang LaSalle  -  1,429 words
    • 1350 15  -  DENNIS NG explains what the latest changes in property financing are and what they mean to you DENNIS NG The writer is an accountant by training with 17 years of bank lending experience. In 2003, he set up www.HousingLoanSG.com, an independent mortgage consultancy portal WHAT is the
      Source: www.HousingLoanSG.com as at Sept 18, 2010; FILE PHOTO  -  1,350 words
    • 1257 16  -  Several banks are enjoying decent HDB home loan sales, reports SIOW LI SEN SIOW LI SEN THE recent property measures have not dented HDB flat buyers’ enthusiasm for taking on bank loans because the historic low interest rates have made them cheaper than borrowing from
      1,257 words
    • 985 18  -  The old CBD is fast shedding its drab image and becoming more lively, says CHUACHOR HOON CHUA CHOR HOON The writer is head of South-east Asia research, DTZ SHENTON Way, which saw the building of many office blocks in the 1970s, stood on
      985 words
    • 1127 19  -  The post-crisis downturn could be characterised as steep and short, says MORAY ARMSTRONG MORAY ARMSTRONG The writer is executive director, office services, CB Richard Ellis THE world was a different place 15 to 18 months ago and Singapore’s office market was no exception. The calamitous
      FILE PHOTO  -  1,127 words
    • 1349 20  -  JOANNACHEN looks at how the retail market has changed since the 1980s and what the future holds JOANNA CHEN The writer is an analyst with Knight Frank Consultancy Research THE retail scene in Singapore has undergone massive change since the 1980s when shopping centres were fewer
      1,349 words
    • 1024 22  -  Once legislative changes have settled, and buyers are aware of their actual impact, sales will start to increase, says MARC TOWNSEND MARC TOWNSEND The writer is managing director, CBRE Vietnam AFTERaslowstart to the year, Vietnam’s residential property market, at least on the surface,
      BLOOMBERG  -  1,024 words
    • 541 22  -  An increase in residential property prices has occurred in all major capital cities, reports DANIEL BOMAN DANIEL BOMAN The writer is research manager, DTZ Australia AUSTRALIAN residential property price growth has moderated over the past quarter, with the growth spurt of late 2009 being replaced in
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    • 1079 22  -  They will account for a greater share of the market next year, reports YOLANDE BARNES YOLANDE BARNES The writer is head of residential research, Savills EVEN in these globally uncertain times, there are a host of reasons for overseas buyers to come to
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    • 1011 23  -  Prices of landed houses in some popular areas have appreciated by 10-30% over the last six to eight months, reports UMA SHANKARI UMA SHANKARI MALAYSIA’S economic recovery has fuelled a resurgence in the residential property market in Kuala Lumpur as well as the lesser-known investment destinations
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