The Business Times, 29 September 2010

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Total Pages: 36
1 36 The Business Times
  • 24 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Wednesday, September 29, 2010
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  • 1122 1  -  SLA recovers Ferrari and Lamborghini from two former IT officers who allegedly raised fake invoices for fictitious maintenance services By MICHELLE MICHELLE QUAH [SINGAPORE] In what is perhaps the biggest case of government-sector fraud in recent history here, police have caught and charged a
    FILE PHOTO  -  1,122 words
  • 586 1  -  UK High Court to decide on rights to prized brand name By S JAYASANKARAN A LEGAL spat has broken out between aviation tycoon Tony Fernandes and Malaysian carmaker Proton Holdings over the rights to the Lotus brand name. Lotus is a wholly-owned and UK-based subsidiary
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  • 141 1 ST INDEX 3,097.35 (-16.11) ST INDEX FUTURES 3,097 (-17) SIMSCI 364.56 (-1.88) SIMSCI FUTURES 365.00 (-2.30) FOREX US$ S$ US$ (S$ per US$) 1.323 (US$/S$ per 1.579 2.089 EURO (US$/S$/E) 1.341 1.774 Foreign currency per US$ S$ YEN 84.20 63.60 RM 3.093 2.338 HK$ 7.760 5.865 BAHT 30.60
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  • Page 1 Advertisements
    • 285 1 HUMAN CAPITAL SUMMIT 2010 Focus on Asia’s challenges PAGES 19-23 TOURISM August arrivals just shy of a million PAGE 12 TRANSPORT HUB SSA still going strong at 25 PAGE 26 EXEC MONEY CFA curriculum changes with the times PAGE 36 WHAT IS EXCELLENCE, LUDWIG OECHSLIN? “To understand it, you have
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    • 9 1 The SLA men and their expensive tastes, Page 2
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  • TOP STORIES
    • 587 2  -  A Lamborghini and a Ferrari highlighted their taste for life in the fast, flashy lane By UMA MICHELLE QUAH, UMA SHANKARI [SINGAPORE] Little is known about the two Singapore Land Authority (SLA) officers who allegedly made off with $12 million of the statutory
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    • THREE-MINUTE DIGEST
      • 51 2 IN what is perhaps the biggest case of government-sector fraud in recent history here, police have caught and charged a former Singapore Land Authority senior employee on 249 counts of cheating it of some $12 million, over the course of two years. FRONT
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      • 60 2 A LEGAL spat has broken out between aviation tycoon Tony Fernandes and Proton Holdings over the rights to the Lotus brand name. Lotus is a whollyowned subsidiary of Proton but the rights to the brand name are owned by a company called Lotus Ventures which,
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      • 53 2 THE latest flash estimates from National University of Singapore show that prices of non-landed private homes remained flattish in August compared with July. This period would not have shown up the impact of the government cooling measures, which were announced on Aug 30. TOP
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      • 43 2 RECORD earnings over the next two years are expected to drive most Asian stock markets to record highs, with Singapore’s Straits Times Index seen hitting 4,000 points by end-2012, according to Fundsupermart.com. COMPANY NEWS, PAGE 6
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      • 49 2 THE inaugural Youth Olympic Games and Singapore’s two integrated resorts helped fuel tourist arrivals in August, enabling an 18 per cent year-on-year growth to 996,000. This is the ninth consecutive month of record visitor arrivals for Singapore. SINGAPORE NEWS, PAGE 12
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      • 46 2 MALAYSIA’S Urban Development Authority will make profitability a greater consideration by reviewing bumiputra quotas and pitching its products to non-Malays. The agency's chief says it can no longer subsidise its bumiputra agenda without considering returns on investment. MALAYSIA/INDONESIA, PAGE 13
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      • 44 2 CONGRESSIONAL passage of a bill to pressure Beijing to revalue its currency could further harm US-Chinese trade relations already hampered by mutual mistrust and suspicion, US companies invested in China said on Monday. ASIA-PACIFIC/WORLD, PAGE 18
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    • 315 2 AP [NEW YORK] Americans’ view of the economy turned grimmer in September amid escalating job worries, falling to the lowest point since February. The downbeat report, released yesterday, raises more fears about the tenuous US economic recovery. The Conference Board, based in
      AP  -  315 words
    • 525 4  -  NUS flash estimate offers a snapshot before government’s cooling measures Reports by KALPANA RASHIWALA [SINGAPORE] The latest flash estimates from National University of Singapore (NUS) show that prices of non-landed private homes remained flattish in August compared with July. This period would
      Source:  -  525 words
    • 473 4  -  They also prefer fine wine to art galleries: report By SIOW SIOW LI SEN [SINGAPORE] Singaporeans are not known to be art lovers, and it seems the rich are as Philistine as the hoi polloi. The millionaires in our midst prefer
      Source: Capgemini/Merrill Lynch Financial Advisor Survey, March 2010  -  473 words
    • 339 4 [SINGAPORE] The cooling measures announced by government on Aug 30 to curb speculation in the property market could send out misleading signals, said a property veteran. Wheelock Properties (Singapore) CEO David Lawrence yesterday urged the authorities to be careful about sending out a message in
      339 words
    • 639 4  -  But region needs deep policy reforms to sustain growth By ANTHONY ROWLEY in Tokyo ECONOMIC recovery will continue at a fast pace virtually across Asia for the rest of this year, the Asian Development Bank said yesterday in a report upgrading
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    • 566 4 Proposal will expand banks’ money transfer reports NYT [WASHINGTON] The US Treasury Department on Monday proposed that banks be required to “report international transactions equal to or in excess of US$1,000”, part of an an-ti-terror drive that is rekindling privacy concerns. The expansion in
      NYT  -  566 words
    • 514 4  -  By JOYCE HOOI [SINGAPORE] As the latest in a string of supernormal feats meeting supernormal profits, Google has topped not one but two lists of the world’s most attractive employers again this year. Ranked number one in both the business and engineering categories
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    • 216 2 THOMVELL international PRESENTS Creativity Innovation Conference 2010 CREATIVITY Systemizing in Business INNOVATION 11-12 November 2010, Park Royal Hotel, Kuala Lumpui TO BE OFFICIATED BY: Dato' Seri Dr. Maximus Johnity Ongkili The Honourable Minister of Science, Technology and Innovation Key Benefits: Devise an action plan to jumpstart innovation in your organization
      216 words

  • Page 3 Advertisements
    • 392 3 ninn < t A FREEHOLD H m yJ rg ii m A i rt m a 5 m Mi lis I *1 >> Sif 111 Us ip:» oaflfiaMSr1 If? Si 11? ,-1] 18 I pr-f A Vision of White in the Orchard. I! i M □1 m o S?s 1
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  • Page 5 Advertisements
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  • COMPANY NEWS
    • 554 6  -  Fundsupermart says earnings may prove to be higher than consensus estimates By LYNETTE LYNETTE KHOO RECORD earnings over the next two years are expected to drive most Asian stock markets to record highs, with Singapore’s Straits Times Index (STI) seen hitting 4,000 points
      REUTERS  -  554 words
    • 254 6 THE Singapore Mercantile Exchange (SMX) plans to list an iron ore futures contract: the Metal Bulletin Iron Ore Index (MBIOI). This is the exchange’s first index-based derivative. Metal Bulletin is the information and pricing provider for the metal industry. MBIOI is
      254 words
    • 121 6 Reuters [SINGAPORE] Norway-listed marine oil storage and production vessel operator BW Offshore is planning to dual list its shares in Singapore, the CEO of its parent company BW Group Ltd said yesterday. “It has been prepared. Since we have a new structure between
      Reuters  -  121 words
    • 269 7 IN conjunction with its Inaugural Corporate Governance Week from Oct 4-8, the Securities Investors Association (Singapore) is calling on listed companies here to make a public statement. The statement, which will be published in The Business Times, reads: “As an organisation we are committed to
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    • 453 7  -  Price of 220 million new shares is about 7% below Monday’s closing price on SGX By LYNETTE KHOO SINGAPORE main-board-listed Midas Holdings has priced its global offering shares for a secondary listing in Hong Kong at HK$5.43 each (S$0.93). The global offering of 220
      453 words
    • 784 7  -  HOCK LOCK SIEW By R SIVANITHY ORDINARY shareholders of the Singapore Exchange (SGX) would be happy with the stock’s sharp rise in recent days, which is most likely in anticipation of good first-quarter results that’s due to be released on Oct 18. However, if
      784 words
    • 409 10  -  Electronics group declares first and final dividend of half a cent per share By KAREN NG BEYONICS Technology achieved a 66.7 per cent leap in net profit to $6.94 million for the year ended July 31 (FY10), as higher gross margin and cost
      409 words
    • 586 10 Bloomberg NOBLE Group Ltd, the commodity supplier backed by China Investment Corp, is seeking to expand its grain and oilseeds business to take advantage of rising global food demand, chief executive officer Ricardo Leiman said. “We want to grow in the Black Sea in
      Bloomberg  -  586 words
    • 325 10 OCBC Bank has launched its most upmarket credit card to date the OCBC Elite World Card as it seeks to meet the expectations of its growing base of high net worth customers. Alice Goh, the bank’s head of credit cards, said that the time
      325 words
    • COMPANY BRIEFS
      • 111 10 SEMBCORP Marine’s Sembawang Shipyard has secured two floating production, storage and offloading (FPSO) contracts worth $75 million in total. The first contract the conversion of a tanker into a floating production unit (FPU) was awarded by BW Offshore. The vessel is expected to be
        111 words
      • 83 10 ST ENGINEERING’S unit, ST Aerospace, has been awarded a contract to buy aircraft and equipment worth $543 million. It will buy 12 M346 aircraft and a ground-based system for training of fighter pilots of the Singapore Air Force in France. Italy's Alenia Aermacchi,
        83 words
      • 62 10 YONGNAM Holdings, a structural steel contractor and specialist civil engineering solutions provider, has announced that the group has been awarded its second contract for the MRT Downtown Line 2 valued at $27.5 million. This will bring the total contract value of projects
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  • Page 6 Advertisements
    • 1808 6 [SATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg TEHO INTERNATIONAL INC LTD. (Company Registration Number *****1433K) (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of TEHO INTERNATIONAL INC LTD. (the “Company”) will be held at 8 Wilkie Road #03-08,
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    • 522 6 MATS "vrir^PiQ Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES AmericanHomeAssuranceCompan Singapor Branc Pursuant Section48(1)(b) heInsuranceAct,Chap Notice hereb given Schemedated26Augus20 he “Scheme”))t ot toe fe effect he rt r transfer he“““ “TTransfer”))o fo of tthe gener insurancebusinesscariedout heSingapor rb r branc AmericanHomeAssuranceCompan Char Singapor Pte. Ltd. “Chartis Singapore”)) willbesubmitted heHighCour he epublic
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    • 548 6 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF HOTEL ASIA PTE LTD (In Members' Voluntary Liquidation) Reg No. *****1000M ("the Company") NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of
      548 words

  • Page 7 Advertisements
    • 215 7 LONDON INVESTMENT OPPORTUNITY WEEKEND EXHIBITION WEST HEATH PLACE 779-783 FINCHLEY ROAD NW11 30%of phase 1 now sold Prices from UK Sterling £795,000 Subject to contract*(*Phase 1 only) Exhibition in Singapore -Saturday 2nd Sunday 3rd October 2010 at Window East, 20th Floor, Four Seasons Hotel, 190 Orchard Boulevard, Singapore *****6 11am
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    • 70 7 The art of being a reliable partner. Your private LGT banker offers you a full range of banking services and 21 st century investment solutions, delivering effective results: Efficient. Reliable. Fast. LGT Your Private Bank in Asia for 25 years. Singapore Phone +65 6415 3800, info@lgt.com Hong Kong Phone +852
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  • SINGAPORE MARKETS
    • 592 8  -  Broad market sags badly, with 94 rises versus 405 falls excluding derivatives, or just over four falls for each rise STOCKS R SIVANITHY Senior Correspondent THE local stock market yesterday came under pressure ahead of an expected sell-off on Wall Street, the indications for
      Source: Bloomberg  -  592 words
    • 186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 4 11 2 0 0 0 4 11 2 Manufacturing 24 130 47 6 12 15 30 142 62 Commerce 14 38 21 2 9 5 16 47 26 Tpt/Stor/Comms 8 28 10
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    • 121 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 28,223 28,223 101,251 101,251 Manufacturing 858,747 63,687 922,434 376,585 5,782 382,367 Commerce 142,204 79,426 221,630 129,000 10,796 139,796 Tpt/Stor/Comms 199,346 4,518 203,864 215,842 479 216,321 Finance 31,950 20 31,970 295,165 3 295,168 Construction 126,688 68,867
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    • 110 8 Stock name Close Change CapMallsAsia 2.180 -0.020 CapitaLand 4.090 CapitaMall 2.030 +0.010 CityDev 12.380 -0.060 ComfortDelGro 1.560 +0.010 DBS Grp 14.180 -0.040 F&N 6.260 +0.040 Genting SP 1.950 -0.070 Golden Agri 0.570 +0.005 HK Land 6.100 -0.100 JMH 45.560 -0.140 JSH 26.900 -0.260 Jardine C&C 39.800
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    • BROKERS’ TAKE
      • Article, Illustration
        386 8 Group Sept 28 close: $1.87 OCBC INVESTMENT RESEARCH, Sept 28 NOBLE Group hosted an analyst meeting, during which the group’s recently appointed executive chairman Tobias Brown and CEO Ricardo Leiman shared their vision for the group. Management reiterated its commitment to building the business over the medium- to
        Source: Bloomberg  -  386 words
      • 233 8 Agri-Resources Sept 28 close: $0.57 CIMB, Sept 28 MAINTAIN “trading buy” and target price of $0.62: We gathered from a recent company visit that production somewhat recovered in Q3 FY10, boding well for earnings. However, this has been tempered by recent setbacks in the group’s efforts to regain
        233 words
      • 308 8  -  Sept 28 close: $0.99 DBS VICKERS, Sept 27 Compiled by LYNETTE KHOO RESEARCH In Motion (RIM) launches new tablet BlackBerry PlayBook to compete with Apple Inc’s iPad. The slimmer and lighter Playbook will be available in the US in early 2011 and in other countries in the second
        308 words
    • 504 8 CURRENCIES Reuters [SEOUL] Most Asian currencies held their ground yesterday in reaction to a report that the Federal Reserve was considering a smaller bond buying scheme than its previous asset purchase plan. Weaker US and Asian shares, as well as a broadly firm
      Reuters; REUTERS  -  504 words
    • 4 8 DAILY
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    • 64 8 Sep 28 VALUE CLOSE BT OB/OS 221.00-283.00 BT CADI -*****.00-306.00 BT 10-day MA -*****.00 +22.00 FTSE ST Mid Cap 766.05 -9.16 FTSE ST Small Cap 565.67 -14.93 FTSE ST All Share 765.45 -5.76 FTSE ST China Top 279.36 -7.26 FTSE ST China 313.76 -5.35 FTSE ST Catalist
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    • 60 8 VOLUME Thai Beverage 310,121,000 Genting SP 169,089,000 *Genting HK US$ 140,615,000 Informatics 84,322,000 UniFiber 81,532,000 TopGlobal 63,264,000 GuangzhaoIFB 51,186,000 China Hongxing 51,025,000 Vallianz Hldgs 46,841,000 JiutianC 44,731,000 VALUE($) Genting SP 332,004,030 DBS Grp 101,164,486 Thai Beverage 86,233,700 UOB 84,009,018 *Genting HK US$ 82,986,258 Keppel Corp 82,776,080 Cosco
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    • 118 8 BY CENTS CLOSE UP DBXT MSJAP 10US$ 3674 182.6 3.9 OCC 3.93% NCPS10 9180 80.0 0.9 DBXT MSEurope 10US$ 4297 64.8 1.2 DBXT S&P Short 10US$ 5061 60.9 0.9 Jardine C&C 3980 60.0 1.5 DBXT AUD Bonds 5AU$ ***** 41.8 0.2 OCBC Bk 4.5%NCPS 100 ***** 28.0 0.3 UOL
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    • 115 8 BY CENTS CLOSE DOWN Thai Prime Fd 840-119.1 -9.7 GLD 10US$ *****-111.1 -0.7 DBXT FTChina25 10US$ 3042 -90.0 -2.2 DBXT Nifty 10US$ ***** -64.8 -0.4 DBXT MSKorea 10US$ 5097 -56.9 -0.8 JSH 2690 -34.4 -1.0 UOB 1842 -26.0 -1.4 SIA 1628 -20.0 -1.2 SIA 200 1626 -20.0 -1.2 JMH
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    • 87 8 Where S$ stands Sep 28 CHNG YR 2010 CLOSE FR Sep 27 S$ LOW S$ HIGH US$ 1.3225 -0.01 1.4219 1.3224 Euro 1.7745 0.13 2.0153 1.6886 Pounds 2.0926 -0.20 2.2831 2.0003 A$ 1.2685 -0.02 1.2960 1.1515 Yen* 1.5701 -0.03 1.6080 1.4467 Rupiah* 0.***** -0.03 0.***** 0.***** Baht* 4.3226 0.06
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  • Page 9 Advertisements
    • 189 9 Now open for business. The products live today are Brent Crude Oil Futures denominated in Euros, WTI Crude Oil Futures, Euro-US Dollar Currency Futures and the first Gold Futures Contract settled via physical delivery in Singapore. It's time to take Singapore's financial services success to the next level. With special
      189 words

  • Page 10 Advertisements
    • 193 10 Chefs with Altitude Chefs with Altitu 20 0 2010 10 to 16 October «—J h j IRMA DUTSCH, GUEST CHEF EQUINOX RESTAURANT I LEVEL 70 C Switzerland s First Female Michelin-Star Chef 'a 4 fl k A -f 4 -J M' > OlMs Oi kxs ni CI L~3 m: M.
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  • Page 11 Advertisements
    • 127 11 Boosting manufacturing productivity with ABB robots ABB, the leading power and automation company, announces the opening of the Robotics Application Center at its facility at 2 Ayer Rajah Crescent on September 29, 2010. The center’s advanced robotics packaging technology will help drive productivity in picking, packing and palletizing for many
      127 words

  • SINGAPORE NEWS
    • 354 12  -  Ninth consecutive month of record arrivals partly due to YOG and IRs: STB By NISHA RAMCHANDANI THE inaugural Youth Olympic Games (YOG) and Singapore’s two integrated resorts (IRs) helped fuel tourist arrivals in August, enabling an 18 per cent year-on-year growth to
      354 words
    • 292 12  -  By WINSTON CHAI CHINESE telecom equipment maker Huawei is dipping its toes in the hotly contested smartphone market with handsets that promise to give Singaporeans more bang for their mobile buck. This is the first time the company is making a direct play for local
      292 words
    • SINGAPORE ROUNDUP
      • 113 12 MOU to boost trade between US S’pore THE Singapore Business Federation (SBF) and the Export-Import Bank of the United States (US Ex-Im Bank) have signed a memorandum of understanding to boost trade in goods and services between Singapore and the US. The deal signed on Sept 24 in New York
        113 words
      • 51 12 SINGAPORE and Mauritius signed an air services agreement yesterday to strengthen civil aviation ties. Carriers from the two countries can operate any number of cargo services and up to 14 weekly passenger services between them and beyond, with some restrictions on destinations in third
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    • 540 12  -  CWT, Portek, Keppel Corp involved in early stages of such projects RUSSIA-SINGAPORE BUSINESS FORUM By LYNN KAN INFRASTRUCTURE investments seemed to be a theme at the Russia Singapore Business Forum (RSBF), with Singapore companies like logistics provider CWT, port developer Portek and
      540 words
    • 438 12  -  By TEH SHI MING RUSSIA needs to encourage entrepreneurship and innovation to realise the potential of its wealth of resources, Minister Mentor Lee Kuan Yew said at the Rus-sia-Singapore Business Forum yesterday. And while the BRIC economies (as Brazil, India and China are
      438 words
    • 261 12  -  By NISHA NISHA RAMCHANDANI A KEY area this year for Exploit Technologies a unit of the Agency for Science, Technology and Research (A*Star) will be fostering the creation of spin-off companies. Exploit Technologies is A*Star’s marketing and commercialisation arm. “For 2010, Exploit Technologies
      261 words
    • 356 12  -  By ARTHUR LEE THE Lien Foundation yesterday showcased several colourfully decorated coffins at St Joseph’s Home and Hospice. The “Happy Coffins” campaign is part of the Foundation’s Life Before Death initiative that seeks to highlight the need for better care for the dying. It
      ARTHUR LEE  -  356 words
    • 445 12  -  By GENEVIEVE CUA THE Monetary Authority of Singapore (MAS) yesterday issued its response to a consultation paper, which had formalised rules for exempt fund managers. The paper, issued in April, proposed three categories of fund management companies (FMCs) “notified” FMCs which manage up
      445 words
  • Page 12 Advertisements
    • 65 12 THEM NETAR UTHORIT OF Results of auction of taxable book-entry Singapore Government Bonds to be issued on 1 Oct 2010 Tenor Approximately years TotalAmountAllotted SGD1,600,000,000 Amount Allotted to Non-CompetitiveApplications SGD109,806,000 AmountAllottedtoMAS Nil TotalAmountApplied SGD2,937,673,000 CouponRate 2.875%p.a. Cut-offYield Price 0.90%p.a.and109.882% MedianYield Price 0.85%p.a.and110.126% AverageYield Price 0.85%p.a.and110.126% ofCompetitiveApplications ta t at Cut-offAllotted
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  • MALAYSIA/INDONESIA
    • 582 13  -  UDA chairman: soaring land costs forcing it to become market-driven to ensure its financial viability in long run By PAULINE PAULINE NG IT CAN no longer subsidise its bumiputra agenda without considering returns on investment, said the head of a Malaysian government agency that
      582 words
    • 417 13 Vice-president meets TPG chief; says focus is on infrastructure Reuters [JAKARTA] Private equity firm TPG is considering investing in Indonesia’s air transport sector, a government official said yesterday, as South-east Asia’s biggest economy seeks billions of dollars to overhaul its infrastructure. Buyout
      Reuters  -  417 words
    • 333 13 Bloomberg [KUALA LUMPUR] Malaysia’s stock market has “rediscovered its long-lost mojo”, evidenced by rising trading volumes as a stronger ringgit and economy draw investors, Credit Suisse Group AG said. “We have noticed a distinct shift in the tone of the market over the last
      Bloomberg  -  333 words
  • Page 13 Advertisements
    • 238 13 Redefining Investment Executive MSc in Risk and Investment Management Singapore London Nice i)" Designed for practitioners and delivered over seventeen months of part-time study in Asia or Europe The global financial crisis has challenged conventional wisdom and underscored the need for the investment industry to go beyond traditional approaches to
      238 words

  • ECONOMY WATCH
    • 515 14 Ireland battles to convince investors it can prop up banking sector, cut deficit Reuters [DUBLIN] Standard Poor’s (S&P) warned yesterday that it may cut Ireland’s credit rating again due to the rising cost of recapitalising nationalised Anglo Irish Bank, pushing Dublin’s borrowing costs to
      Reuters; REUTERS  -  515 words
    • 397 14 It argues against quasi-automatic deficit penalties Bloomberg [BRUSSELS] France sought to blunt German calls for “quasi-automatic” sanctions on debt-laden euro-ar-ea countries as finance ministers squared off over how to patch up the management of the 16-nation euro economy. With Ireland’s worsening fiscal situation
      Bloomberg  -  397 words
    • 294 14 It touches a 3-year high as consumers expect economic upturn to continue: GfK AFP [FRANKFURT] The German economic recovery and falling unemployment has lifted consumer sentiment to a three-year high in Europe’s biggest economy, the Gfk market research group said yesterday. GfK’s indicator of household
      AFP  -  294 words
    • 282 14 AP [LONDON] Over half the people in some of the world’s biggest economies are opposed to their governments spending money on stimulus programmes, according to a BBC World Service poll published yesterday. The broadcaster said that in its poll of more than 22,000
      AP  -  282 words
  • Page 14 Advertisements
    • 258 14 THE HEA INDIAN COM it e Slumdog star strikes it rich in Hollywood GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST) LOST SHARE CERTIFICATES The undermentioned share certificates have been reported lost, mislaid or destroyed by the shareholders:Name of Company Certificate Nos. No. of Shares In the
      258 words
    • 56 14 i IsSSil Reach Serious Gourmets In This Targeted Space AmyChoo 6319 1559 9690 3432 Una Tan 6319 2045 9620 1355 Adeline Goh 6319 6127 9681 8289 AlisaTan 6319 1480 *****381 Amy Leo 6319 2129 9730 7101 Jeffrey Nah 6319 2054 9623 2128 LawrenceChang 6319 1650 *****919 Alfred Lee 6319 2037
      56 words

  • GREATER CHINA
    • 594 15 Association says it won’t be bullied into accepting adverse pricing systems Reuters [DALIAN] China reopened its war of words with global iron ore miners yesterday as the spokesman for the country’s big steel mills vowed they would not be bullied into
      Reuters  -  594 words
    • 496 15 Bloomberg AFP [HONG KONG] GOME Electrical Appliances Holdings shareholders voted yesterday to keep Chen Xiao as chairman, rejecting the proposal of billionaire founder Huang Guangyu, who’s fighting from jail to regain control of the company. The investors voted in favour of Huang’s proposal
      Bloomberg; AFP; AP  -  496 words
    • 254 15 Reuters [WASHINGTON] China is set to leap-frog industrial powers Germany, France and Britain to become the International Monetary Fund’s (IMF) second or third most powerful member under plans being discussed to give emerging nations greater influence. The shake-up under discussion by
      Reuters  -  254 words
  • Page 15 Advertisements
    • 343 15 WORLD CLASS LUXURIOUS WATERFRONT INVESTMENT GOLD COAST, AUSTRALIA W k. A a •<- K Sandy Beach r_ w* 7%pa Lease Back Guarantee For 2 Years Luxurious Lifestyle: Private Marina Waterside Alfresco Dining Vibrant Sunset Plaza Picturesque Promenades and Parks Residents Recreation Club Sandy Beach Boardwalks Range of Apartments, Penthouses Villas
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    • 182 15 Watch PUBLIC INSIGHT tonight for real-time investment, real-life tips More listed companies on SGX are enjoying the benefits of television exposure on Public Insight programme. Seize the opportunity to leverage on our effective penetration to connect with institutional and retail investors throughout Asia! SUNLIGHT epicentre tLtCTRtCAl. I11 urn <v m
      182 words

  • INDIA
    • 470 16 Meanwhile, a spat is brewing over who should officially open the event Reuters AP [NEW DELHI] Hundreds of athletes arrived in New Delhi for the scandal-hit Commonwealth Games yesterday, setting their sights on winning medals rather than concerns over filthy accommodation, a dengue fever
      Reuters; AP; REUTERS  -  470 words
    • 239 16 AFP [NEW DELHI] India’s Supreme Court cleared the way yesterday for a verdict on a bitter dispute between Hindus and Muslims over a religious site, raising tension just days before the Commonwealth Games. The Allahabad High Court in the northern state of Uttar
      AFP  -  239 words
    • 215 16 Bloomberg [NEW DELHI] Reliance Power Ltd, owned by billionaire Anil Ambani, plans to increase electricity generation capacity eightfold to 5,000 megawatts in two years. The utility will further raise generation capacity to 25,000 megawatts by 2015, chairman Mr Ambani told shareholders in Mumbai yesterday. Reliance
      Bloomberg  -  215 words
  • Page 16 Advertisements
    • 3355 16 LUM CHANG HOLDINGS LIMITED (incorporated in the Republic of Singapore) Company Registration No. *****3949N NOTICE OF ANNUAL GENERAL MEETING AND BOOKS CLOSURE NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 28 th Annual General Meeting of the Company will be held at Crowne Plaza Changi Airport, Chengal
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  • WORLD
    • 521 17 100,000 people from 30 countries to converge today over EC’s anti-deficit plan AFP [BRUSSELS] Painful cuts by overspending European Union countries come head to head with mounting social anger today when labour leaders call angry workers onto streets right across the continent. Set
      AFP; AP  -  521 words
    • 258 17 Reuters [SYDNEY] Billionaire investor Wilbur Ross said yesterday the healthcare sector and smaller regional banks in the US would be the focus for the next wave of investment in distressed assets. Mr Ross, who made his fortune buying up distressed assets
      Reuters  -  258 words
    • 330 17 Action comes a day after Beijing slaps duties on US chicken Reuters [WASHINGTON] The United States on Monday set final duties ranging up to 61 per cent on hundreds of millions of dollars of copper pipe from China in one of several
      Reuters  -  330 words
  • Page 17 Advertisements
    • 416 17 L IT-FIND IT MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg l IN THE MATTER OF THE OMPANIES CT AP50 AND IN THE MATTER OF CCAAPIT AND PTE (Co. eg.No. *****R) NNOOTICEOFRESOLUTIONFORMEMBERS’ VVOOLLUNTAR WINDING-UP (Pursuant Section290) AAtt tthhee Extraordinar Gener Meeting tthhee member heabo -namedCompan duly conened and held 39 obinson
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    • 944 17 (lah+ AGRICULTURAL BANK OF CHINA (INCORPORATED IN THE PEOPLE'S REPUBLIC OF CHINA) HEAD OFFICE: No.69 Jianguomen Nei Avenue, Dongcheng District, Beijing, China *****5. Tel: (8610) 8510 9619 Fax: (8610) *****557 http:/Avww.abchina.com SINGAPORE BRANCH: 7 Temasek Boulevard #30-01/02/03 Suntec City Tower 1, Singapore *****7. Tel: (65) 6535 5255 Fax: (65) 6538
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    • 296 17 CLARIDEN GLOBAL EXECUTIVE EDUCATION This two-day innovative program is designed to improve your role as a strategic leader by enhancing your thinking process with the groundbreaking principle of Strategic Intuition to develop powerful and innovative strategies for your organization. You will learn how great achievements in business actually happen and
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  • ASIA-PACIFIC/WORLD
    • 628 18 If currency bill is passed, China could retaliate against US imports, companies The US Congress is considering legislation that would treat what lawmakers call China’s undervalued yuan currency as an export subsidy. Reuters [WASHINGTON] Congressional passage of a bill to pressure Beijing to
      Reuters  -  628 words
    • 377 18 Bloomberg [SINGAPORE] The US dollar is “one step nearer” to a crisis as debt levels in the world’s largest economy increase, said Yu Yongding, a former adviser to China’s central bank. Any appreciation of the US dollar is “really temporary”
      Bloomberg  -  377 words
    • 255 18 AFP [TOKYO] Japan stuck to its guns yesterday in a row with China over a disputed island chain but also said it was open to high-level talks to defuse the worst spat in years between the Asian powers. Prime Minister Naoto Kan
      AFP  -  255 words
  • Page 18 Advertisements
    • 1006 18 [SATO NOTICES BUY IT• SELL IT-FIND IT MAVERIC LTD. (Company Registration Number: *****1583G) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Meritus Mandarin Singapore, Mandarin Ballroom Three, Level 6 Main Tower,
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    • 64 18 Buy any copy of these newspapers and you could win attractive prizes*! THE BUSINESS TIMES BERITA HARIAN sUpP Be one of the LUCKY READERS to spot this Read Win! insert* in the above newspapers to win one of these prizes! T\0^ S kV oU TVvan J "J Philips Blu-Ray Player
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  • HUMAN CAPITAL SUMMIT 2010
    • 763 19  -  Issues of human capital management will be more keenly felt in Asia than elsewhere as the region’s economic recovery takes off, reports CHUANG PECK MING CHUANG PECK MING EVEN when business is down, the hunt for leaders and talent goes on. So is the search for
      STOCK.XCHNG  -  763 words
    • Article, Illustration
      245 19 ‘Asia continues to be a key driver of global growth, as it emerges strongly from the recent downturn. A thorough understanding of Asia and its complex human capital challenges will give organisations in the region greater leverage to harness the full potential of their talent and seize
      245 words
    • 2213 20 Singapore takes up the challenge to attract foreign professionals and to invest heavily in our local workforce to increase its competitiveness This article is contributed by the National Human Resources Division, Ministry of Manpower IN an all-out effort, Singapore is attempting something that appears
      FILE PHOTOS  -  2,213 words
    • 393 21  -  The Asian Human Capital Award 2010 finalists are from diverse fields, reports CHUANG PECK MING CHUANG PECK MING WHAT do a banker, an information technologist, a gardener, a hotelier and a producer of consumer goods have in common? Each one of this diverse
      393 words
    • 557 21  -  Accenture India has created an efficient system that successfully matches applicants with suitable jobs, reports CHUANG PECK MING CHUANG PECK MING ACCENTURE India is in a business where talent makes a big difference. Hiring, managing, grooming and keeping people with talent can be a matter of
      557 words
    • 311 21 ‘The Asian Human Capital Award recognises and showcases organisations which have outstanding employee practices to inspire the rest of Asia. I am pleased with the high quality of the winning entries this year and the variety of programmes to mobilise and motivate those who work in
      311 words
    • 363 22  -  By CHUANG PECK MING EMPLOYERS struggling to engage their employees must be green with envy at what Wipro has achieved. The Bangalore-based information technology services group’s push for the green cause has made a big connection with its staff, firing their enthusiasm to
      363 words
    • 670 22  -  Procter Gamble grooms its own talent for leadership positions, reports CHUANG PECK MING CHUANG PECK MING ASIAN students do their homework. So if Procter Gamble is a favourite with graduating students here year after year, the American company must be a great place to work. P&G
      FILE PHOTO  -  670 words
    • 514 22  -  Even the management helps with staff training, reports CHUANG PECK MING CHUANG PECK MING THE management at the National Parks Board has a hand in training its staff and even put in time to conduct classes for them. “The management team, comprising the chief executive officer,
      514 words
    • 570 22  -  By CHUANG PECK MING WHEN it comes to staff training and development, Standard Chartered Bank puts its money where its mouth is. As the bank tells it: “Standard Chartered believes that learning and development is an ongoing process and a critical component
      570 words
    • 304 22  -  By CHUANG PECK MING YOU can make the connection: staff training, job security and customer satisfaction. When things got real tough last year, Ritz-Carlton, Millenia Singapore kept its employees on the payroll when others would have reached for the axe. Instead, the
      304 words
    • 724 23  -  Relentless forces are fundamentally changing how work is done, reports CHUANG PECK MING CHUANG PECK MING WORK is going to be more fun, going by what a study of the future of work shows. You can work where you want and at any time you
      724 words
    • 346 23  -  By CHUANG PECK MING WHAT does it take for Asian companies to succeed in going regional? A global mindset, says a study by Accenture. And what’s that? “I always believe you must be able to squat down and have porridge with everybody as
      346 words
    • 641 23 That’s when you are in a ‘Hot Spot’ of innovation and productivity THERE are times when ideas and insights from others spontaneously combine with your own in a process of synthesis from which spring novelty and new ideas. These are the moments when significant value
      641 words
    • 867 23  -  Two management gurus look at what makes for a successful leader in an Asian context. CHUANG PECK MINGreports CHUANG PECK MING THE secret of a successful leader in Asian companies lies in the answer to four questions: Where are we going? How do we
      867 words





  • EDITORIAL & OPINION
    • 524 24 EDITORIAL ONE economic indicator that has certainly been on a roll is the number of visitor arrivals to Singapore, which has just hit a record for the ninth consecutive month in August. It’s not a case of notching up sizzling growth off the
      524 words
    • 1159 24  -  The quality deficit could threaten India’s advances in science and technology and constrain its competitiveness By OMKAR SHRESTHA The writer is a visiting senior research fellow at the Institute of Southeast Asian Studies AN EARLY focus on education, with emphasis on mathematics and science,
      FILE PHOTO  -  1,159 words
    • 804 24  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group NO one familiar with the Smoot-Hawley tariff of 1930 should relish the prospect of a trade war with China but that seems to be where we’re headed and is probably where
      The Washington Post Writers Group  -  804 words
    • 1715 25  -  Few reports have mentioned the extraordinary context in which the recent Sino-Japanese spat has taken place ANTHONY ROWLEY Tokyo Correspondent LITTLE more than three months ago, Chinese Premier Wen Jiabao arrived in Tokyo bearing peaceful and seemingly important tidings for Japan in what now seems an
      AP  -  1,715 words
    • 915 25  -  Opening up the Arctic to economic development is risky. There is already geopolitical conflict brewing in the region MATTHEW LYNN Matthew Lynn is a Bloomberg News columnist and the author of “Bust”, a forthcoming book on the Greek debt crisis. The opinions expressed
      915 words


  • Transport HUB
    • 623 26  -  SSA head speaks his mind on the many tasks facing the shipping industry By JOYCE HOOI sulphur fuel looms, Mr Teo had a few choice words about low-sulphur fuel long championed as an en-vironmentally-friendly alternative. “Imagine if every ship uses low-sulphur fuel. To get there,
      623 words
    • 764 26  -  Association’s milestones mark Singapore’s shipping history STRAIT TALK By DAVID HUGHES TOMORROW the Singapore Shipping Association (SSA) celebrates its first 25 years with an anniversary dinner. For those who weren’t in the shipping industry 25 years ago, and probably also for the rest of
      764 words
    • TRANSPORT HUB: AVIATION
      • 482 27  -  ‘Touch points’ to be revamped in bid to boost service will be ready by end-2011 By VEN VEN SREENIVASAN [SINGAPORE] Changi Airport Group (CAG) yesterday unveiled a series of initiatives to enhance the experience of passengers and visitors. They include providing personalised service
        BH FILE PHOTO  -  482 words
      • 628 27 AP [THE HAGUE] More than nine years after Sept 11, intelligence agencies, police and airlines are still trying to balance protecting society from possible terrorism without derailing routines. An anonymous call from a Canadian phone booth forces a Pakistan-bound airliner to make a nine-hour
        AP  -  628 words
      • 609 27 Bloomberg [DALLAS] Southwest Airlines Co chief executive officer Gary Kelly, taking on his biggest acquisition ever, is dismantling the carrier’s keep-it-simple strategy in a bid to reignite growth. The largest US low-fare carrier’s decision to buy AirTran Holdings Inc for US$1.4 billion will mark
        Bloomberg  -  609 words
      • 2999 27 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ457 1230 SQ456 1250 EY470 2220 Adelaide LH9771 1745 9W4082 2230 SQ278 1745 AF8088 2230 VS7268 1745 BA7382 2230 JL5083 2230 MU8214 2230 QF82 2230 LH9770 2350 --SQ279 2350 VS7279 2350 Ahmedabad NH6293 0710 SQ531 0710 Amsterdam SQ323 0605
        2,999 words
    • TRANSPORT HUB: LAND
      • 489 28  -  Market has strong growth potential with minimum or no competition By SAMUEL EE [SINGAPORE] Few segments in the Singapore vehicle market are free from competition, but STVE believes it has found one the rental of specialised vehicles. “The potential growth of this market is
        YEN MENG JIIN  -  489 words
      • 453 28 Bloomberg [Shenzhen] Billionaire Warren Buffett affirmed his support for BYD Co, saying the Chinese automaker part-owned by his Berkshire Hathaway Inc holding company will be a leader in selling electric cars. “BYD is a young and promising company experiencing dynamic growth,” Mr Buffett
        Bloomberg; AP  -  453 words
      • 427 28 Reuters [TOKYO] Toyota Motor Corp said it will enter the growing Japanese minivehicle sector next year through a supply deal with unit Daihatsu Motor Co in a move set to intensify competition in the tough domestic market. Under the deal announced yesterday, Daihatsu will
        Reuters  -  427 words
      • 387 28 AP [AMSTERDAM] Spyker Cars, the Dutch owner of the Saab brand, said on Monday it is in talks with BMW about the German company potentially supplying it with parts and technology. Spyker says it “confirms that talks are ongoing” with BMW and it would release
        AP  -  387 words
      • 1767 28 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 9 4 1181 t AA Grp 4 4 4.5 22.2 3.9 225 130 6222 t APStrategic 160 -1 347 171 159 158
        1,767 words
      • 821 28 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 107 6389 ABF SG Bond ETF 123cd 114 120 561.5 984 755 CIMBAsean40 100US$ US984 +3 0 984 984 977 985 39.4 319
        821 words
      • 258 28 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 36.5 6000 AVJennings A52.5 +2 24 52.5 51 50.5 52.5 3.6 6.7 4.2 136.7 55 16 6017 Genting HK US$ US43 -4.5 *****5
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  • Page 26 Advertisements
    • 62 26 Wnted FREELANCE Shipping Freight Forwarding Experienced Personnel Monthl CommissionasHIGHas33% fI f If interested,plsemailurCV LSC@LS.COM.SG DB SCHENKER Delivering solutions. The main artery of Asia's economy: our Tradelanes. u. r i sJj# 1 ,u\ i\Tl ■4 1 wr*v;.' .<r Z tW *1 1 H x f 1 1,1 W J J? tm*
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  • Page 27 Miscellaneous
    • 313 27 CRYPTIC CROSSWORD Across 1 Manage to obtain pass (4,2) 4 Bewildered as rich mum makes personal appeal (8) 10 Help a worker after loan(4,1,4) 11 Sorceress left out of loop (5) 12 Game fish associated with East River (7) 13 Greek hero, as such, is leading American (7) 14 Reflective
      313 words


  • SINGAPORE STOCKS
    • 9158 29 Transaction date: Sep 28 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 13 3148 8Telecom 19 -0.5 320 19.5 19 19 19.5 1.7 9.5 6.1 91 12 5 5834
      9,158 words
    • 9391 30 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.25/ APS Alpha Fund (USD)!** 0.94/ APS Alpha Fund Cl B SGD!** 1.2/ APS Alpha Fund Cl B USD!** 0.89/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM
      9,391 words
  • Page 29 Advertisements
    • 66 29 FRANCK MULLER BOUTIQUE 01-07 ION ORCHARD (65) 6509 3380 B1-19 THE SHOPPES AT MARINA BAY SANDS (65) 6634 8825 SINCERE FINE WATCHES NGEE ANN CITY (65) 6733 0618 LUCKY PLAZA (65) 6737 4593 SUNTEC CITY (65) 6337 5150 THE SHOPPES AT MARINA BAY SANDS (65) 6634 9782 VIVOCITY (65) 6278
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  • Page 30 Advertisements
    • 269 30 i e H««'§lr •:> I' 1 2" ?=\|§!f S--I.SSH I Hsslw.}- N i® ,«l V y #pr /*-•>. f I < mm' J AJ V SAXO CAPITAL MARKETS A TRADER'S BEST CALL Is there something missing from your choice of ETFs? SAXO enables you to actively trade over 1,000 ETFs
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  • FINANCE & COMMODITIES
    • 374 31 In local curr In S$ In US$ dy yr dy yr dy yr Sep 27 Index Change Change Change Change Change Change World Index Preliminary 836.2 -0.1 0.4 -0.2 -4.8 -0.1 1.1 EAFE Preliminary 769.2 0.1 -2.0 0.1 -6.7 0.2 -0.9 Europe Preliminary 1123.5 -0.5
      374 words
    • 132 31 Sep 28 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2590 1.2970 Can dollar 1.2770 1.2930 Euro 1.7670 1.7880 NZ dollar 0.9630 0.9840 Sterling pound 2.0810 2.1050 US dollar 1.3150 1.3290 Local dollars to 100 units of foreign
      132 words
    • 27 31 Sep 28 Open High Sett STI Sep 3097 SIMSCI Sep 367.4 368.0 365.0 Taiwan Sep 290.3 291.1 290.5 Source: MF Global (S) Pte. Ltd
      27 words
    • 177 31 Sep 28 $S Offer Bid 0vernight 0.03 par 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 0.08 US$ Offer Bid 7 days 0.35 0.25 1 month 0.48 0.28 2 months 0.50 0.30 3 months 0.53 0.33 6 months 0.65 0.45 9 months 0.80 0.60 12
      177 words
    • 24 31 Sep 28 S$ Bid Offer 1-month 1.3229 1.3230 2-months 1.3229 1.3230 3-months 1.3229 1.3230 6-months 1.3229 1.3231 Source: OCBC Source: OCBC
      24 words
    • 69 31 PALM OIL Sep 28 KLCE PALM FUTURES (RM/MT) Delivery Opening Last Av Vol Open Month Range Price Price High Low Done Position Oct 10 2750 2759 2763 2745 218 1459 Nov 10 2718 2737 2747 2718 2389 ***** Dec 10 2718 2737 2752 2718 8855 ***** Jan 11
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    • 424 31 Sep 28 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6250 0 8173 Mar11 99.5700 0 3062 Jun11 99.4950 0 1871 Sep11 99.4050 0 461 EUROYEN TIBOR FUTURES Dec10 99.6900 1 3005 Mar11 99.7150 99.7150 99.7150 99.7150 0 1516 Jun11 99.7300 0 3150 Sep11 99.7250 99.7300
      424 words
    • 137 31 Sep 28 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Oct 10 358.5 357.0 358.5 12 Nov 10 359.0 Dec 10 359.0 Jan 11 359.0 Feb 11 359.0 Mar 11 359.0 Apr 11 359.0 May 11 359.0 Jun 11
      137 words
    • 92 31 Sep 28 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 30.12.2010 0.30 0.28 0.24 1-Year BY*****W 03.05.2011 0.34 0.27 0.27 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.18 104.23 104.23 5-Year N*****0S 2.875
      92 words
    • 106 31 Sep 27 High/Low SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1128.50 1126.00 1144.00 1122.00 Jan 11 1138.25 1135.50 1153.25 1131.75 Mar 11 1145.75 1142.50 1161.00 1138.75 May 11 1146.75 1144.00 1161.75 1140.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 10 44.58 44.48
      106 words
    • 77 31 CRUDE OIL PRODUCTS Sep 27 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 77.91 -1.10 WTI (Near Mth) 76.33 -0.12 Dubai (1-Mth F) 76.14 0.43 Tapis blend 85.55 0.65 Minas 78.90 0.65 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 75.00 1.50 Jet Kerosene 88.30 0.10 US$/barrel Opec Oil
      77 words
    • 2417 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left 4869 A-Sonic Aerospace W*****0 2.5 unch 100 1 3 -15 2.60 3 6221 Asia-Pacific Strategic W*****6 39 1 150 18 4.10 44 6227 ASJ Hldgs W*****1 2.5 1 4
      2,417 words
    • 464 31 Sep 28 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.992 6.414 0.715 7.435 43.337 85.769 0.807 10.998 2.964 1.308 82.454 42.240 1.268 6.749 0.945 30.175 29.315 0.607 0.958 Canada 1.008 6.468
      464 words
    • 85 31 Sep 28 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
      85 words
    • 154 31 Sep 28 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2675 1.2677 0.9581 0.9582 Canadian dollar 1.2780 1.2785 0.9661 0.9664 Euro 1.7733 1.7737 1.3405 1.3407 NZ dollar 0.9686 0.9694 0.7322 0.7327 Sterling pound 2.0890 2.0898 1.5791 1.5796
      154 words
    • 140 31 Sep 28 GOLD (US$/oz) Sep 27 Sep 28 Hong Kong 1297.90 1288.90 Sep 24 Sep 27 London 1295.40 1297.05 1295.80 1297.45 Source: Thomson Reuters CAST BAR Sep 28 (S$) Selling Buying Kilobar 59,023.34 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 132 55 5gm 375 275 10gm 671
      140 words
    • 69 31 Sep 27 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2260.25 2286.50 3 months 2293.00 2318.00 Copper, Grade A (US$/tonne) Cash 7907.50 7946.00 3 months 7910.00 7945.00 Lead (US$/tonne) Cash 2241.00 2267.50 3 months 2269.00 2296.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 83 31 Sep 27 COCOA (£/tonne) Close Prev High/Low Dec 10 1900 1883 1908/1881 Mar 11 1918 1900 1924/1900 May 11 1934 1916 1939/1915 Jul 11 1950 1929 1953/1939 COFFEE (US$/tonne) Close Prev High/Low Sep 10 1725 1716 Nov 10 1736 1727 1746/1721 Jan 11 1764 1755 1771/1750 Mar 11 1787
      83 words
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  • Page 32 Advertisements
    • 1531 32 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
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    • 1247 32 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) *****75 FAX: (031) *****14/*****05 JKT TEL: (021) *****88 FAX: (021) *****88 PLM TEL:
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  • Page 33 Advertisements
    • 1260 33 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
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    • 852 33 EASTERN CAR LINER, LTD SPECIALIZE IN RORO HEAVY LIFT INTRA-ASIA SERVICE VOY Ramp(KT) Lifting(KT) JKT SIN PKL MTP JKT SUR PACIFIC LOHAS 28 60 02/10 03/10 CEC MIRAGE 1 06/10 09/10 COCO GYUN EAL12 40 120 07/10 10/10 OCEAN SEAGULL 12 60 10/10 12/10 JUTHA DHAMMARAKSA 6 11/10 12/10 15/10
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    • 808 33 WEEKLY EXPRESS SAILING SCHEDULE WESTBOUND TO: COLOMBO, COCHIN, NHAVA SHEVA, JEBEL ALI ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL VOY SIN PKL (N PORT) CMB (JCT2) NSA (NSICT) CMB(JCT2) HANSA INDIA 106 30 SEP 01 OCT 05 OCT 08 OCT YELLOW SEA W005 04 OCT
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  • Page 34 Advertisements
    • 377 34 A prosperous Asian bond investment requires a wide variety of choices. 4 r v V r X/ > v if. n *>- 8> v pHP p V ft A 9 ft. v 5 Pv\ a A; >> Just as rice is a staple in Asia, Asian local currency bonds may
      377 words

  • Page 35 Advertisements
    • 171 35 LM Executive MBA Innovative Strategies Inspiring Leadership Finland Poland Singapore South Korea Taiwan Helsinki School of Economics is now Aalto University, Finland's largest and leading institution. Aalto University is an innovative merger of Helsinki School of Economics, Helsinki University of Technology and the University of Arts Design, Helsinki where the
      171 words
    • 595 35 "YTTr^PS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES c SUMITOMO MITSUI FINANCIAL GROUP, INC SMFG Annual Report for the Year ended March 31, 2010 BOARD OF DIRECTORS, CORPORATE AUDITORS, AND EXECUTIVE OFFICERS (As of June 30,2010) CHAIRMAN OF THE BOARD AND REPRESENTATIVE DIRECTOR Masayuki Oku PRESIDENT AND REPRESENTATIVE DIRECTOR Teisuke Kitayama
      595 words

  • executive Money
    • 995 36  -  But CFA Institute has not thrown out the modern portfolio theory baby with the crisis bath water, reports GENEVIEVE CUA GENEVIEVE CUA WITH Asia emerging as a hotbed of wealth creation, it is perhaps not surprising that more individuals are taking steps to become qualified
      ARTHUR LEE  -  995 words
    • 1176 34  -  Profound effects on investment are likely to be the consequence as China and other EM economies lead in global manufacturing MONEY MATTERS JONATHAN GARNER Jonathan Garner is Morgan Stanley’s Chief Asian and Emerging Market Equity Strategist. Mr Garner has recently relocated to Hong Kong from London
      REUTERS  -  1,176 words
    • 657 35 Underperformance, compared to other funds making 9-14% NYT [NEWYORK] Yale University said last Friday that its endowment, which has sizeable assets in real estate, had an investment gain of 8.9 per cent last year an underwhelming performance in a year when many big
      NYT  -  657 words
    • 619 35  -  But JP Morgan Private Bank faces two challenges, reports GENEVIEVE CUA GENEVIEVE CUA JP Morgan Private Bank expects Asian assets to account for up to half of its international (excluding US) assets over the next five years, up substantially from its current share
      619 words
  • Page 36 Advertisements
    • 90 36 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 you talk to your investment advisor. J.E Asset Management www.jpmorganam.com.sg Investors should note that
      90 words
    • 8 36 MONEY MATTERS Implications of manufacturing shift PAGE 34
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