The Business Times, 14 October 2010

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Total Pages: 36
1 36 The Business Times
  • 23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sfll A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, October 14,2010
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  • 755 1  -  By GRACE LEONG [SINGAPORE] For years, two relationship managers assured a client that his investment portfolio was doing well and that he had a balance of around $8 million in his account. In fact, the net value of the investment account stood
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  • 776 1  -  Temasek may inject £591m into bank, which cites uncertainty over tighter capital requirements By CONRAD TAN [SINGAPORE] Standard Chartered is raising some £3.26 billion (S$6.74 billion) through a rights issue in anticipation of stricter capital requirements by regulators that go beyond the
    BLOOMBERG  -  776 words
  • 141 1 ST INDEX 3,202.16 (+52.80) ST INDEX FUTURES 3,202 (+53) SIMSCI 376.67 (+7.55) SIMSCI FUTURES 376.60 (+7.50) FOREX US$ S$ US$ (S$ per US$) 1.305 (US$/S$ per 1.588 2.072 EURO (US$/S$/E) 1.399 1.826 Foreign currency per US$ S$ YEN 81.90 62.80 RM 3.096 2.372 HK$ 7.761 5.948 BAHT 29.86
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  • Page 1 Advertisements
    • 121 1 PROPERTY Westin set to return to S’pore PAGE 36 SINGAPORE INTERNATIONAL Opportunities galore in the Mid-East PAGE 13 OPINION S’pore’s wrong turn on pay-TV regulation PAGE 25 COMPANIES Biosensors founder allays fears over stake sale PAGE Holding more capital could hit profits: Gupta, Page 4 evv 'eneve J IK i
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  • TOP STORIES
    • 598 2 Stanchart’s £3.26b cash call to answer new rules STANDARD Chartered is raising some £3.26 billion through a rights issue in anticipation of stricter capital requirements by regulators that go beyond the Basel III rules announced last month. The bank’s plan to sell new shares to current shareholders at
      598 words
    • 746 2  -  Ruling closes 2-year-long struggle for TTI, which drafted the scheme to stay afloat By TEH SHI NING [SINGAPORE] The Court of Appeal yesterday approved TT International’s (TTI) debt-restructuring scheme, albeit with modifications. OCBC Bank and Ho Lee Construction, the two dissenting creditors who
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    • 730 2  -  By S JAYASANKARAN MALAYSIA yesterday delayed again the introduction of a goods and services tax. The government said it wanted to engage the public before imposing the tax but did not indicate when the surcharge would be implemented, reiterating a similar statement
      FILE PHOTO  -  730 words
    • 434 2 Reuters [HONG KONG] Hong Kong will restrict immigration based on property investment and increase housing supply to try to cool the overheating sector, its leader said yesterday, prompting a sharp drop in local real estate stocks. In his annual policy address laying out the city’s policy
      Reuters  -  434 words
    • 51 2 IN our report “GMG Global unit in JV deal with South Africa’s SPPH” yesterday, we wrongly identified Societe De Production De Palmeraies ET D’Hevea (SPPH) and the joint venture Sud-Cameroun Hevea, SA as being based in South Africa. They are, in fact, in Cameroon. We are sorry for the
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    • 601 4  -  He seeks to unravel mystery of how his bid for Liverpool FC turned awry By WINSTON CHAI [SINGAPORE] A British court yesterday cleared the way for Liverpool Football Club (LFC) to be sold to American buyers New England Sports Ventures
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    • 410 4  -  By FELDA CHAY [SINGAPORE] Buoyed by the dramatic rebound in Singapore’s economy, finance professionals here believe that they will receive fatter bonuses this year. EFinancialCareers, a career website network for financial workers, said that 69 per cent of 1,583 finance professionals here who
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    • 850 4  -  Holding more capital will lower average ROE substantially By CONRAD TAN [SINGAPORE] Banks risk having to hold more capital than required by the Basel III rules announced last month, which could hurt their profitability badly, DBS Group chief executive Piyush Gupta has
      FILE PHOTO  -  850 words
    • 401 4  -  HH REUTERS BREAKINGVIEWS By JOHN FOLEY FEW banks do opportunistic capital raisings better than Standard Chartered. The emerging-market lender’s rights issue of US$5.2 billion, net of fees, comes just as stock markets in Asia are pumped up on cheap money from the West. The bank’s own valuation,
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    • 9 2 Debate over property curbs ahead of Budget, Page 15
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  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 261 4 A MM A American Management Peop/e to Association s'J About AMA AMA is a world leader in leadership and management development, advancing the competence of individuals and teams to drive business success. Organizations worldwide, including the majority of the Fortune 500, turn to AMA as their trusted partner in professional
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    • 21 4 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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    • 383 5 t m Him r i i/i 4 ra A /J' a A, p 1/i 6 fl n i J y'fjt Ml lill SB Pi %*r -*r if .1 i| is til!B»2SS I /I i RB WM m r. 1 u < if MSBS Si iiiii»|ig LHU i M R :Mln
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  • Page 6 Advertisements
    • 2195 6 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg AVI-TECH ELECTRONICS LIMITED Company Registration No. *****5976H Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Avi-Tech Electronics Singapore *****9 on 29 October 2010 at 11.00 a.m. for the following purposes: AS ORDINARY BUSINESS Limited (the "Company")
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    • 2717 6 (Resolution 1) (Resolution 2) (Resolution 3) (Resolution 4) (Resolution 5) (Resolution 6) (Resolution 7) KODA LTD (Incorporated in the Republic of Singapore on 17 April 1980) Company Registration No: *****1299R NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held
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  • COMPANY NEWS
    • 801 7  -  Chinese investor has wide knowledge about pharma industry, he says By LYNN KAN YES, he and his affiliates have sold their 18.2 per cent stake in Biosensors International to Chinese private equity firm Hony Capital, but chairman Lu Yoh Chie tells BT that
      FILE PHOTO  -  801 words
    • 386 7 SINGAPORE Press Holdings (SPH) will be restoring from January the remaining portion of pay cuts that were introduced in April last year. The media group said yesterday that it will also give a special one-off sum to staff to thank
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    • 291 7  -  By KAREN NG ENGINEERING group Tee International has won a de-sign-and-build contract worth $147.5 million from the Brunei Economic Development Board (BEDB). The mainboard-listed company will build a 1,500-unit residential development at Tutong District, Kampong Bukit Beruang, Brunei Darussalam, which will consist of semi-de-tached
      291 words
    • 406 8  -  Norton Rose poll of finance executives finds HK and Shanghai are tops By EMILYN YAP FINANCIAL sector professionals have ranked Singapore third in the Asia-Paci-fic as a listing destination behind Hong Kong and Shanghai in a survey by law firm Norton Rose.
      BLOOMBERG  -  406 words
    • 632 8  -  By LYNN KAN SINGAPORE businesses looking to invest in South Africa can look forward to a business forum in Cape Town next March one with a twist. Spotlight Singapore Cape Town will mix cultural and artistic elements with business matching. It’s
      632 words
    • 170 8 MOODY’S Investors Service officially withdrew its credit rating for Starhill Global Reit yesterday. The rating was withdrawn after Starhill Global Reit said in April that as part of a continuing review of its corporate rating needs, it has decided to retain the rating
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    • COMPANY BRIEFS
      • 73 8 BH Global Marine is expected to raise about $21.5 million from its Taiwan dual-listing, after pricing its Taiwan Depository Receipts (TDRs) at NT$17.00 apiece. This translates to S$0.36 per share, since one TDR represents two ordinary shares of the group in Singapore. The
        73 words
      • 78 8 SINGAPORE Press Holdings’ wholly owned unit Sphere Exhibits has taken over Eastern Directories’ signature events Comex, IT Show, World Food Fair and Food and Beverage Fair as well as its key staff. The acquisition is undertaken by Sphere Exhibits’ wholly owned unit Exhibits Inc. With
        78 words
      • 34 8 CHINA Gaoxian said yesterday that it has received Singapore Exchange’s (SGX) in-principle clearance to its draft shareholders’ circular for its proposed Korean dual listing by way of depository receipts.
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      • 48 8 SINGAPORE Mercantile Exchange (SMX) told BT yesterday that the Singapore branch of ICICI Bank has joined as a special clearing member. This is the first time an Indian bank’s branch in Singapore is clearing and settling futures contracts for a Singapore-based exchange.
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    • 784 10  -  HOCK LOCK SIEW By VICTORIA HO AS a pure-play mobile carrier, M1 (MobileOne) has been the one-trick pony against the other two telcos in Singapore, which offer broadband and TV services in addition to their mobile businesses. The upcoming roll-out of the
      BLOOMBERG  -  784 words
    • 415 10  -  Settlement will include termination of JV agreement By JOYCE HOOI A YEAR after a shipbuilding contract dispute emerged between Otto Marine unit Otto Offshore and GC Rieber Shipping ASA, a settlement has been reached. Otto Marine announced yesterday that it has entered into a “mutually
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  • Page 7 Advertisements
    • 50 7 Top Investment Bank in Asia Thank you to our clients in Malaysia, Indonesia, Singapore and Thailand. It is your appreciation of our financial solutions that has made us No.1 in Asia. J The Banker 2010 Investment Banking Awards MOST INNOVATIVE INVESTMENT BANK FROM ASIA SINGAPORE MALAYSIA INDONESIA THAILAND FORWARD BANKING
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  • Page 8 Advertisements
    • 393 8 Be honest ho\ 0 ma The Brains Trust October 21st 2010 If your current financial strategy depends on which way the wind is blowing, you might need a helping hand from an expert. Especially in today's uncertain world. On October 21st, at Raffles Hotel (East India Room, Level 1), The
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    • 343 8 2010 ICICI Bank joins SMX 300BC 100BC 1729 Steel was Maritime trade First cotton produced in spices began exchange in India was set-up ICICI Bank makes history with SMX as the first Indian offshore clearing bank in Singapore. It's about time. ICICI Bank joins SMX as a special clearing member
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  • SINGAPORE MARKETS
    • 622 9  -  Boost from purchases of blue chips and index stocks; DBS Vickers touts index objective of 3,500 STOCKS VEN SREENIVASAN Senior Correspondent IT IS not often that a major investment house sticks its neck out to state that the Singapore market is poised for a bull
      Source: Bloomberg  -  622 words
    • 4 9 DAILY
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    • 66 9 Oct 13 VALUE CLOSE BT OB/OS 332.00 +118.0 BT CADI -*****.00 +219.0 BT 10-day MA -*****.00 +34.00 FTSE ST Mid Cap 790.64 +12.02 FTSE ST Small Cap 587.58 +8.07 FTSE ST All Share 791.38 +12.76 FTSE ST China Top 293.62 +4.71 FTSE ST China 327.20 +3.07 FTSE
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    • 56 9 VOLUME Golden Agri 332,821,000 BerlianLaju 156,634,000 GMG Global 128,055,000 Genting SP 114,552,000 Biosensors 62,689,000 *Genting HK US$ 60,628,000 Dapai 51,083,000 KencanaAgri 49,935,000 ChinaNTown 39,833,000 Transcu Grp 39,659,000 VALUE($) Genting SP 240,469,106 Golden Agri 210,952,070 DBS Grp 179,822,180 Wilmar 91,032,739 Keppel Corp 79,818,250 IndoAgri 76,178,720 SingTel 74,469,310 Biosensors
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    • 196 9 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 10 5 3 0 0 0 10 5 3 Manufacturing 100 22 76 8 7 14 108 29 90 Commerce 29 11 26 7 2 5 36 13 31 Tpt/Stor/Comms 29 6 10
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    • BROKERS’ TAKE
      • 278 9 Oct 13 close: $1.92 Citi Investment Research, Oct 12 WE initiate coverage of Yangzijiang with a “buy” rating and TP of $2.25. Yangzijiang is a leading Chinese shipbuilder; its strong execution has helped insulate it from industry headwinds. Its US$5 billion order backlog ranks it the fifth largest
        Source: Bloomberg  -  278 words
      • 300 9  -  Oct 13 close: $0.34 Kim Eng Research, Oct 13 Compiled by JAMIE LEE PROXY for China’s growing meat consumption, which is driven by increasing urbanisation and rising income, China Animal Healthcare (CAH) is one of the leading players in the highly fragmented industry. Following two key acquisitions
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    • 119 9 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 39,523 39,523 122,008 122,008 Manufacturing 553,531 55,576 609,107 511,126 6,227 517,353 Commerce 101,809 14,432 116,241 126,671 2,449 129,119 Tpt/Stor/Comms 328,546 2,156 330,702 265,356 303 265,659 Finance 28,670 28,670 328,600 328,600 Construction 78,346 5,673 84,019 22,605
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    • 113 9 Stock name Close Change CapMallsAsia 2.230 +0.020 CapitaLand 4.200 +0.030 CapitaMall 2.100 -0.010 CityDev 13.300 +0.520 ComfortDelGro 1.520 +0.020 DBS Grp 14.760 +0.360 F&N 6.280 -0.030 Genting SP 2.120 +0.060 Golden Agri 0.655 +0.055 HK Land 6.590 -0.090 JMH 47.700 +0.040 JSH 27.500 Jardine C&C 39.460
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    • 454 9 CURRENCIES Reuters [NEW YORK] The US dollar fell against most currencies yesterday, after minutes from a Federal Reserve meeting released the previous day reinforced expectations of more monetary easing in the US. Dollar losses were limited, however, after the euro failed again to hold
      Reuters  -  454 words
    • 114 9 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 425.2 2.3 GLD 10US$ ***** 216.5 1.3 Jardine C&C 3946 94.0 2.4 DBXT FTChina25 10US$ 3290 90.0 2.1 Lyxor China H 10US$ 1718 60.0 2.8 CityDev.ES.1010 1344 58.0 4.5 DBXT FTVietnam 10US$ 3731 56.1 1.2 DBXT MSEurope 10US$ 4475 54.8 0.9
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    • 128 9 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 4881 -99.1 -1.5 DairyFarm 782 -30.0 -2.9 Lyxor India Nifty 10 1819 -30.0 -1.6 OCBC Bk 5.1%NCPS 100 ***** -12.0 -0.1 HK Land 659 -11.7 -1.3 OCC 5.1% NCPS 100 ***** -10.0 -0.1 UOB 5.05%NCPS 100 ***** -10.0 -0.1 Khong Guan
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  • Page 10 Advertisements
    • 264 10 Li**'" m wm m K BfHffBfi My Business, My Success, My Retirement, MyLife. My life can be defined by adventures and experiences. I am constantly seeking out new opportunities. As an entrepreneur, I must be able to think outside the box and to view things from different perspectives. As with
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    • 21 10 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email noticesd>sph.com.sg.
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  • SINGAPORE NEWS
    • 489 11  -  All but one involve hiding, converting and transferring more than $1.87m allegedly taken from the agency By MICHELLE QUAH THE Singapore Land Authority (SLA) saga continues, with fresh charges being levied against one of those accused of cheating the agency of a total
      489 words
    • 363 11  -  By CHUANG PECK MING SMALL and medium businesses unhappy about competition from NTUC’s social enterprises will have more to complain about, as the labour movement gears up to win more customers. Labour movement chief Lim Swee Say yesterday unveiled a move to launch Plus!
      363 words
    • 406 11  -  By CHEN HUIFEN SMALL and medium-sized enterprises (SMEs) in Singapore appear to be gearing up for post-crisis growth, with more of them allocating funds for manpower training, branding and technology. According to the latest SME Development Survey, 91 per cent of them now have
      406 words
    • 282 11  -  By LYNN KAN SINGAPOREAN entrepreneurs will soon benefit from two Singapore Business Federation initiatives launched yesterday that are tailored to grooming business talent. This is especially important because grooming human capital is needed for Singapore to maintain its competitiveness in the long run, said Minister
      282 words
    • 383 12  -  Hike this year erases 2009’s drop, takes average global rate back to 2008 levels By LYNETTE KHOO THE global decline in top personal income tax rates over the past seven years may have come to an end, as governments in
      383 words
    • 646 12  -  COMMENTARY LEE U-WEN Deputy Foreign Editor THE ongoing furore over the Singapore swim team’s controversial disqualification from a relay final at the Commonwealth Games has thrown up more questions than answers. For many, most perplexing is why head coach Ang Peng Siong has seemingly
      FILE PHOTO  -  646 words
    • 390 12  -  By MICHELLE QUAH SINGAPORE’S Accounting and Corporate Regulatory Authority (Acra) is seeking public feedback on the Business Registration Act, with a view to modernising it and making it more relevant and current to the present day business environment. Acra said that the
      390 words
  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 81 12 The SME Manufacturing Excellence Programme (S.M.E) was launched by Mr Lee Yi Shyan, Minister of State for Trade Industry and Manpower, on 3 August 2010. Programme~s objectives 1) Trains companies~ key personnel to be technology innovators to achieve manufacturing excellence. 2) Ensures that operations improvement are both effective (align to
      81 words
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  • SINGAPORE INTERNATIONAL
    • 560 13  -  A free trade pact is likely to see even more investments between Singapore and the Middle East, says CHUANG PECK MING CHUANG PECK MING BRISK trade between Singapore and the oil-rich Middle East has opened the door wider to investment flows between them. And a
      560 words
    • 486 13  -  By CHUANG PECK MING IT was Mach7’s presence in America that first got it noticed in the Middle East. The Singapore software provider had developed an imaging application for Massachusetts General Hospital. Someone notable from Qatar saw it and was impressed. “He contacted
      486 words
    • 566 13  -  By CHUANG PECK MING START small and learn. That strategy has worked for Rotary Engineering in Saudi Arabia. Recently, the Singaporebased engineering, design, procurement, construction, and maintenance services company bagged a $1.1 billion contract to build a refinery tank for Saudi Aramco
      566 words
    • 403 13 Name: Rupert Sutton Designation: iadvisor QUESTION: What are the main challenges Singapore businesses may face when starting out in the Middle East, and how should they overcome them? ANSWER: Doing business in the Middle East is not necessarily complicated. For example, English
      403 words
  • Page 13 Advertisements
    • 183 13 Seminar Series: With a population of 150 million people and a GDP of US$340 billion, Nigeria is one of the largest economies in Africa. Investment opportunities abound and consumer spending is ever increasing. Capitalise on this golden opportunity to gain valuable insights into doing business in Nigeria and meet Nigerian
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  • ECONOMY WATCH
    • 846 14 Offshore investors see household debt and house prices as the most worrisome Reuters [SYDNEY] Australia’s re-source-driven good fortune has more than a few fault lines, from its reliance on Chinese demand to its lofty levels of household debt and frothy house prices. But for the
      Reuters; REUTERS  -  846 words
    • 418 14 Bloomberg [LONDON] UK consumer confidence plummeted in September to an 18-month low as Britons braced themselves for the biggest spending cuts since World War II, Nationwide Building Society said. The index of sentiment fell nine points from the previous month to 53, the low-
      Bloomberg  -  418 words
    • 367 14 Bloomberg [LONDON] European Central Bank (ECB) president Jean-Claude Trichet said he favours “early warning” systems and quicker sanctions to prevent governments from implementing policies that could lead to soaring budget deficits. “It is essential to establish sound procedures to enhance and enforce fiscal surveillance
      Bloomberg; REUTERS  -  367 words
    • 302 14 Reuters [SYDNEY] A key measure of Australian consumer confidence rebounded in October after a surprise drop the previous month, as a strong labour market and steady interest rates helped to brighten the mood. The survey of 1,200 people by Westpac Bank and the Melbourne
      Reuters  -  302 words
    • 224 14 AP [TOKYO] Japan’s machinery orders, a closely watched indicator of future business investment, unexpectedly jumped due to one-time purchases in August, marking the third straight month of growth, the government said yesterday. Japan’s core machinery orders in August rose 10.1 per cent from the
      AP  -  224 words
  • Page 14 Advertisements
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      118 words

  • MALAYSIA/INDONESIA
    • 519 15  -  Supporters argue for price restraint but opponents discount risks of a bubble By in PAULINE NG MALAYSIA’S property sector has come under close scrutiny ahead of the national Budget with sceptics arguing the need for greater restraints to control rising prices, but
      519 words
    • 432 15 AFP [GURUN, Malaysia] In a sprawling industrial complex in Malaysia’s far north, hundreds of workers meticulously assemble shiny Peugeot 207 cars destined for sale in South-east Asia, Australia and South Africa. At the US$156 million Naza Automotive Manufacturing facility, located on a former rubber plantation in Kedah
      AFP  -  432 words
    • 398 15 Bloomberg [KUALA LUMPUR] Malaysia Marine Heavy Engineering Holdings Bhd, a rig-and shipbuilder, received bids for more than 15 times the number of shares allocated for institutions in Kuala Lumpur’s biggest initial public offer so far this year, three people familiar with
      Bloomberg  -  398 words
    • 289 15 Reuters [JAKARTA] Indonesian mobile phone firm PT Bakrie Telecom is set to acquire the CDMA unit of PT Telekomunikasi Indonesia in a share deal worth up to US$1 billion, sources with knowledge of the deal said yesterday. The two companies
      Reuters  -  289 words
  • Page 15 Advertisements
    • 1500 15 DRAGON GROUP INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****6761C) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Company will be held at Block 25 Kallang Avenue #06-01, Kallang Basin Industrial Estate, Singapore *****6 on 29 October 2010
      1,500 words
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      68 words

  • GREATER CHINA
    • 649 16 Investment, hot money inflows help lift stockpile to US$2.65 trillion Reuters [BEIJING] China’s foreign exchange reserves soared in the third quarter and its trade surplus remained hefty, showing that the country is under both economic and political pressure to let the
      Reuters; REUTERS  -  649 words
    • 409 16 Bloomberg [HONG KONG] Hong Kong has surpassed Japan for the first time as Asia’s most lucrative market for stock lenders, boosted by investor demand for Chinese securities to be used in short sales. Pensions, mutual funds and banks reaped US$245 million
      Bloomberg  -  409 words
  • Page 16 Advertisements
    • 291 16 DOMINION DARLINGHURST SYDNEY AUSTRALIA "Premier International Launch" H*_^ PK a *4 m •mk DV< ■Tijn m Hi v l v Ms. a%iiv> v, i V* t JMlrtMb 4 w aife a®* *2 k 'CW w M nil '\4 V VIEW i a A unique and luxurious new residential estate featuring
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    • 10 16 6 一都大 lifestyle.omy.sg 泰 eat.omy.sg VODCAST GALLERY
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    • 273 16 INTHEMATTEROF THE OMPANIES CT AP50 AND IN THE MATTER OF PROBOHOLDINGSPTE (Co. eg.No. *****5C) NNOOTICEOFRESOLUTIONFORMEMBERS’ VVOOLLUNTAR WINDING-UP (Pursuant Section290) AAtt tthhee Extraordinar Gener Meeting member heabo -namedCompan duly conenedandheld affl Quay#20-0 Singapor *****on October20 tthhee following esolutions dulypassed:RESOLVED 11.. That he abo -named Compan be wwooundup oluntar pursuant Section 290
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  • INDIA
    • 575 17  -  The Delhi debacle will serve as a huge wake-up call for future host cities NEWS ANALYSIS By LEE U-WEN THE curtain on one of the most chaotic, controversial, and expensive Commonwealth Games in history will come down tonight and for some it can’t
      REUTERS  -  575 words
    • 218 17 Reuters [NEW DELHI] India on Tuesday moved one step closer to signing a free trade agreement (FTA) with Japan as the cabinet cleared a deal which could increase bilateral commerce 10-fold between the two Asian powers. “The cabinet has cleared it,” government spokeswoman
      Reuters  -  218 words
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  • WORLD
    • 672 18 Tokyo wants Seoul and Beijing to act responsibly in currency markets FOREX WARS Reuters [TOKYO] Japan went on the offensive as currency tensions escalated, charging yesterday that South Korea’s leadership of the G-20 could be called into question because of Seoul’s regular
      Reuters; REUTERS  -  672 words
    • 281 18 AFP [WASHINGTON] There is “no risk” of a global currency war erupting, despite recent currency interventions by nations ranging from Japan to Colombia, US Treasury Secretary Timothy Geithner said on Tuesday. Mr Geithner acknowledged in an interview on The Charlie Rose Show broadcast on
      AFP  -  281 words
    • 226 18 Reuters [NEW YORK] Brazil has “a lot of ammunition” to intervene in its foreign exchange market if a recent increase in taxes on foreign investment fails to curb the strength of its currency, the real, Finance Minister Guido Mantega said on Tuesday.
      Reuters  -  226 words
    • 434 19 Reuters [DUBAI] The United Arab Emirates intends to issue new rules to control credit growth, the Gulf oil producer’s central bank governor said yesterday. The Opec member’s economy took a sharp hit in 2008 when the global credit crunch popped a
      Reuters  -  434 words
    • 344 19 Bloomberg [PARIS] Burberry Group, the UK’s largest luxury retailer, said annual profit will be in the “top half” of analysts’ estimates, disappointing those who expected upgrades after sec-ond-quarter sales beat their goals. Adjusted pretax profit will be £240 million (S$500 million) to
      Bloomberg  -  344 words
    • 505 19 Fall in provision for losses boosts earnings though revenue falls 11% Bloomberg [NEW YORK] JPMorgan Chase Co, the second-big-gest US bank, said profit rose 23 per cent, higher than analysts had estimated, as provisions for losses on mortgages, credit cards and
      Bloomberg  -  505 words
    • 600 20 Sentiments based on stronger corporate and consumer balance sheets Reuters [NEW YORK] Some of the world’s most successful hedge fund managers said on Tuesday they have turned more bullish on the US stock market against a backdrop of stronger corporate and consumer
      Reuters  -  600 words
    • 541 20 NYT [SAN JOSE MINE, Chile] With anxious anticipation increasingly yielding to exuberant celebration, Chile’s miners, trapped under a half-mile of rock for more than two months, began emerging yesterday to the arms of their families and an electrified nation. Some 10 hours into the final
      NYT; AP  -  541 words
    • 368 20 Reuters [LONDON] The British government began moves yesterday to sell off up to 90 per cent of state-owned letters delivery business Royal Mail, with the remaining stake reserved for the company’s staff. Introducing a Bill to parliament, the government said that it would
      Reuters  -  368 words
    • 494 21 FOMC signal raises expectations of a new round of quantitative easing AFP [WASHINGTON] The US Federal Reserve anticipates additional stimulus may be needed soon to prop up a slackening economic recovery, the minutes of its last policy-setting meeting revealed on Tuesday. The minutes
      AFP  -  494 words
    • 520 21 Bloomberg [SEOUL] Nobel Prize-win-ning economist Paul Krugman and Niall Ferguson, author of The Ascent of Money: A Financial History of the World, clashed anew yesterday over how to revive the US economy. Prof Krugman, 57, a Princeton University professor, is urging the
      Bloomberg; BLOOMBERG  -  520 words
    • 603 22 Strikes in protest against hike in pension age gaining momentum AFP [PARIS] French train services and oil refining went through a second day of severe disruption yesterday as the stand-off over President Nicolas Sarkozy’s pension reform plans escalated. One day after nationwide strikes and
      AFP; REUTERS  -  603 words
    • 332 22 AFP [PRAGUE] Czech trade unions on Tuesday threatened strikes to protest against austerity measures planned for next year by the centre-right government of Prime Minister Petr Necas to reduce public debt. “A detailed analysis showed us that planned wage cuts will have
      AFP  -  332 words
  • Page 18 Advertisements
    • 606 18 A LEADING INTEGRATED CHEMICAL SYSTEMS ENGINEERING AND TECHNOLOGY SOLUTIONS PROVIDER ANCHUN INTERNATIONAL HOLDINGS LTD. (Incorporated in the Republic of Singapore on 29 October 2009) (Company Registration No. *****0277C) We are a leading integrated chemical systems engineering and technology solutions provider to the PRC petrochemical and chemical industries, in particular, manufacturers
      606 words

  • Page 19 Advertisements
    • 41 19 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY IT'S PUJA TIME Prayers and festivities mark the Navaratri period EXCLUSIVE SENIOR MINISTER OF STATE S. ISWARAN TALKS ABOUT GROWING S'PORE-INDIA ECONOMIC TIES GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS (WHILE STOCKS LAST)
      41 words
    • 183 19 Every Success Needs A Catalyst Elevate your career with CPA Singapore. Teo Ser Luck Fellow Certified Public Accountant Singapore Adviser, Institute of Certified Public Accountants of Singapore Senior Parliamentary Secretary for Ministry of Community Development, Youth and Sports, and Ministry of Transport Mayor, North East District Chairman, National Youth Council
      183 words

  • Page 20 Advertisements
    • 2347 20 WATci w-3* NOTICES BUY IT-SELL IT-FIND IT t>r<T" LANTRDVI 5 I N (S) LTD f~~ (Company Registration No.: *****3374R) LanTroVision (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Lantrovision (S) Ltd ("the Company") will be held at
      2,347 words
    • 29 20 a* -s- tk Lianhe Zaobao Key task of Federation of Merchants' Associations' new president: Bring the crowd back to heartland shops To subscribe, call 6388-3838 or go to sphsubscription.com.sg
      29 words

  • Page 21 Advertisements
    • 3 21 HRSHI® EL>I,S www.radio9l3.com
      3 words
    • 244 21 PorkUUGSt nvest n Award Winning Development Set West London Amongst Spacious Tranquil Landscaped Gardens IOi wm •Qi ill Uir ■111 nil II ■in s. I I il IK ii II I fl II ID (ill lllr if w am West Drayton Ealing Broadway Paddington Holland Park Oxford Circus Holborn Parkwest
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  • Page 22 Advertisements
    • 2901 22 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg BIO-TREAT TECHNOLOGY LIMITED (Incorporated in Bermuda on 22 August 2003) (Company Registration Number: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Kallang Room, Level 4, Holiday Inn Atrium, 317
      2,901 words

  • Page 23 Advertisements
    • 2156 23 HATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. RrkQrrlR, BOARDROOM LIMITED UUdl v_l I V' I /111 (Company Registration No. *****3902Z) Smart Business Solutions (incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Boardroom Limited ("the Company") will be
      2,156 words
    • 1834 23 SIM SIANG CHOON NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 2010 Annual General Meeting of the shareholders of the Company will be held on Friday, 29 October 2010 at 21 Changi South Avenue 2 Sim Siang Choon Building Singapore *****0 at 11.30 a.m. to transact the
      1,834 words

  • EDITORIAL & OPINION
    • 467 24 EDITORIAL THE IPO market is sizzling and companies are jumping in to grab a slice of the pie. So far, Asian companies have led the world in raising money. Asian issuers raised US$89.9 billion in the first nine months of the year. In comparison,
      467 words
    • 727 24  -  THE BOTTOM LINE AL LABITA Manila Correspondent FOREIGN funds may have buoyed liquidity in the Philippine share market, pushing its benchmark index to one of Asia’s all-time highs over the past few days. But one downside is that the inflow of “hot money” appears
      727 words
    • 1131 24  -  World’s two top polluters must come to terms with each other’s stance on global warming G PANICKER The writer is a freelancer who was formerly with BT’s foreign desk THE climate meeting in China last week has only confirmed the difficulties
      REUTERS  -  1,131 words
    • 1145 25  -  Not really for now, at least. Most economic policymakers were too busy pointing fingers in Washington last weekend ANTHONY ROWLEY Tokyo Correspondent THE global economy has become like a train with engines at both ends. The rear engine (China) is doing most of the
      AP  -  1,145 words
    • 652 25  -  By MICHAEL K POWELL The writer is former chairman of the US Federal Communications Commission and a partner at Providence Equity Partners, a private equity firm with US$9 billion in telecommunications and media holdings. He is also the CEO of his own consulting firm,
      652 words
    • 376 25  -  LETTER TO THE EDITOR Mak Yuen Teen Associate professor Department of Accounting National University of Singapore I REFER to the editorial “More women directors needed” (BT, Oct 13) and the progress being made in countries such as Australia to improve gender diversity in boardrooms.
      376 words

  • Page 25 Advertisements
    • 1486 25 HSU FU CHI INTERNATIONAL LIMITED (Incorporated in Cayman Islands) (Co. Reg. No: CT-*****4) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of HSU FU CHI INTERNATIONAL LIMITED (the “Company”) will be held at Meeting Room 707, Dongguan Hsu Chi Foods Co. Ltd, Zhouwu Industrial
      1,486 words

  • AVIATION
    • 550 26 It could drive up costs due to lack of commonality with existing fleets Bloomberg [PARIS] Steven Ud-var-Hazy, the self-de-scribed “godfather” of the aircraft leasing industry, said that upgraded versions of Airbus SAS and Boeing Co jets would offer only limited benefits and create higher costs
      Bloomberg  -  550 words
    • 308 26 Bloomberg [WASHINGTON] US airlines had their second-best August for on-time flights as 81.7 per cent arrived within 15 minutes of the posted time, data shows. Carriers including United Continental Holdings Inc and US Airways Group Inc were helped by lower traffic volumes
      Bloomberg  -  308 words
    • 735 26 Reuters [DUBAI] Dubai’s Emirates launched a double challenge to European airlines on Tuesday, setting out ambitions to own a fleet of more than 100 Airbus A380 superjumbos and stepping up a war of words over rivals’ subsidy claims. Emirates, which surprised the aviation world
      Reuters; AP  -  735 words
    • 262 26 Bloomberg [TOULOUSE, France] Sukhoi Civil Aircraft Co’s Superjet, Russia’s first major passenger plane since the Soviet Union collapsed in 1991, will deliver its first jet this year and said on Tuesday that it is talking to Western airlines including Deutsche Lufthansa AG and
      Bloomberg  -  262 words
    • 3039 26 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 KU6458 1410 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
      3,039 words
    • 4203 27 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN Antwerp/UK *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN New Orleans/Camden *Loads E./W.
      4,203 words
  • Page 26 Miscellaneous
    • 368 26 CRYPTIC CROSSWORD Across 1 Advocates for heathen princess facing saints over time (13) 9 Dissolute gent, idler with curly hair (9) 10 Large area from which a hilltop shortly becomes visible (5) 11 Italian script containing English bits of news (5) 12 Beef or fish? (4) 13 First bit from
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  • 435 28 Asian banks to play growing role with seaborne trade moving eastwards Reuters [LONDON] Bank lending to the shipping sector is set to pick up next year with institutions from Asia looking to expand their financing activities in the seaborne market, a senior official
    Reuters  -  435 words
  • 278 28 SGX '000 Oct 13 S$ +/-Vol CH Offshore 0.56 0.01 1451 Chuan Hup Hldg 0.25 unch 798 Cosco Corp 1.90 0.04 ***** CWT Ltd 1.00 0.01 545 Ezra Hldgs 1.80 0.07 ***** First Ship Lea 0.48 0.01 391 Freight Links 0.09 0.01 ***** Grand Banks unch unch 0
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  • 451 28 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, rose on Tuesday with firmer Chinese iron ore enquiry boosting sentiment. The index, which gauges the cost of shipping commodities including iron ore, cement, grain, coal and fertiliser,
    Reuters; XINHUA  -  451 words
  • Page 28 Advertisements
    • 1535 28 WATci NOTICES BUY IT-SELL IT-FIND IT AUSSINO GROUP LTD (the "Company") (Registration No. *****0323H) (Incorporated in the Republic of Singapore) NOTICE OF NINETEENTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Nineteenth Annual General Meeting of Aussino Group Ltd (the "Company") will be held at 1 Scotts Road #24-05/07,
      1,535 words
    • 15 28 Experienced Stlfp maintenance services wanted. Can they find your services here in the Shipping Times?
      15 words

  • SINGAPORE STOCKS
    • 9096 29 Transaction date: Oct 13 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 14.5 3148 8Telecom 18.5 18.5 19 1.7 9.8 5.9 88.6 12 5 5834 A-Sonic 6.5 +0.5 574
      9,096 words
    • 1713 30 52-wks Tel Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 9 4 1181 t AA Grp 4.5 4 5 25 4.3 225 130 6222 t APStrategic 161 154 162 95.5 4 0.5
      1,713 words
    • 9378 30 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.28/ APS Alpha Fund (USD)!** 0.98/ 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
      9,378 words
    • 827 30 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 107 6389 ABF SG Bond ETF 116 115 122 529.5 1016 757 CIMBAsean40 100US$ US1008 1022 1026 40.3 323 262 DBS STI ETF
      827 words
    • 263 30 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 6000 AVJennings A51 +2 34 51.5 47 51 51.5 3.6 6.9 4.1 132.8 55 16 6017 Genting HK US$ US43.5 unch *****
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  • FINANCE & COMMODITIES
    • 374 31 In local curr In S$ In US$ dy yr dy yr dy yr Oct 12 Index Change Change Change Change Change Change World Index Preliminary 844.1 -0.4 1.4 -0.5 -4.1 -0.5 3.1 EAFE Preliminary 769.1 -0.7 -2.0 -0.9 -6.0 -0.9 1.0 Europe Preliminary 1133.2 -0.3
      374 words
    • 177 31 Oct 13 $S Offer Bid 0vernight 0.06 0.03 1-month 3/8 1/8 2-months 7/16 3/16 3-months 9/16 5/16 Overnight mode: 1/16 US$ 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 0.62 0.52 9 months 0.80 0.60 12
      177 words
    • 22 31 Oct 13 S$ Bid Offer 1-month 1.3043 1.3053 2-months 1.3043 1.3053 3-months 1.3043 1.3053 6-months 1.3043 1.3054 Source: OCBC
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    • 132 31 Oct 13 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2770 1.3150 Can dollar 1.2850 1.3010 Euro 1.8090 1.8290 NZ dollar 0.9780 0.9990 Sterling pound 2.0480 2.0720 US dollar 1.2980 1.3130 Local dollars to 100 units of foreign
      132 words
    • 33 31 Oct 13 Open High Sett STI Oct 3202 SIMSCI Oct 369.2 376.6 376.6 Taiwan Oct 284.0 285.7 285.4 Source: MF Global (S) Pte. Ltd Source: MF Global (S) Pte. Ltd
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    • 154 31 Oct 13 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 10 398.0 393.0 398.0 62 Dec 10 396.0 393.0 398.0 60 Jan 11 400.0 393.0 399.5 100 Feb 11 395.0 395.0 400.0 10 Mar 11 399.5 399.5 402.5
      154 words
    • 84 31 Oct 13 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****S 13.01.2011 0.29 0.24 0.24 1-Year BY*****W 03.05.2011 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****1E 2.500 01.10.2012 104.12 5-Year N*****0S 2.875 01.07.2015 109.36 7-Year N*****0Z
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    • 105 31 Oct 12 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 10 1178.50 1152.50 1185.75 1154.00 Jan 11 1189.50 1163.00 1196.25 1163.00 Mar 11 1199.00 1172.25 1205.75 1172.25 May 11 1203.00 1177.50 1209.00 1177.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 10 46.54 45.98 46.77
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    • 77 31 CRUDE OIL PRODUCTS Oct 12 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 83.83 -0.49 WTI (Near Mth) 81.83 -0.21 Dubai (1-Mth F) 80.51 -1.23 Tapis blend 89.60 -1.45 Minas 82.85 -1.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 82.50 -0.61 Jet Kerosene 94.30 -0.35 US$/barrel Opec Oil
      77 words
    • 83 31 Oct 12 COCOA (£/tonne) Close Prev High/Low Dec 10 1914 1905 1927/1888 Mar 11 1936 1929 1950/1913 May 11 1954 1946 1972/1932 Jul 11 1969 1962 1976/1962 COFFEE (US$/tonne) Close Pev High/Low Nov 10 1653 1627 1658/1613 Jan 11 1687 1661 1691/1645 Mar 11 1707 1682 1710/1672 May 11
      83 words
    • 2372 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 3 0.5 1561 1 3 -8 2.17 2 6221 Asia-Pacific Strategic W*****6 39 1 150 17 4.13 43 6227 ASJ Hldgs W*****1 2.5 1 4
      2,372 words
    • 464 31 Oct 13 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.995 6.584 0.705 7.662 43.883 88.092 0.808 11.066 3.056 1.303 84.617 42.822 1.288 6.747 0.944 30.555 29.474 0.622 0.987 Canada 1.005 6.619
      464 words
    • 85 31 Oct 13 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • 154 31 Oct 13 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2873 1.2890 0.9870 0.9875 Canadian dollar 1.2942 1.2957 0.9923 0.9927 Euro 1.8251 1.8268 1.3993 1.3995 NZ dollar 0.9880 0.9895 0.7575 0.7581 Sterling pound 2.0707 2.0727 1.5876 1.5879
      154 words
    • 138 31 Oct 13 GOLD (US$/oz) Oct 12 Oct 13 Hong Kong 1343.00 1358.00 Oct 11 Oct 12 London 1347.45 1346.85 1347.95 1347.65 Source: Thomson Reuters CAST BAR Oct 13 (S$) Selling Buying Kilobar 60,962.18 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 137 57 5gm 388 284 10gm 693
      138 words
    • 69 31 Oct 12 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2401.00 2364.25 3 months 2437.00 2400.00 Copper, Grade A (US$/tonne) Cash 8340.25 8283.00 3 months 8345.00 8290.00 Lead (US$/tonne) Cash 2348.00 2286.00 3 months 2376.00 2315.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • 66 31 Oct 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 10 2870 2880 2880 2870 175 175 Nov 10 2918 2928 2934 2905 1816 6362 Dec 10 2918 2930 2937 2900 9453 ***** Jan 11 2910 2932
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    • 421 31 Oct 13 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec10 99.6800 0 7565 Mar11 99.6400 0 1712 Jun11 99.5900 0 1779 Sep11 99.5050 0 1616 EUROYEN TIBOR FUTURES Dec10 99.6825 1 2786 Mar11 99.7075 100 1554 Jun11 99.7150 99.7150 99.7150 99.7200 0 2574 Sep11 99.7125 100
      421 words

  • BizIT
    • 1233 32  -  Microsoft started with a fresh slate and built the OS from ground up, US software giant’s Singapore MD Jessica Tan tells AMIT ROY CHOUDHURY AMIT ROY CHOUDHURY IN a make-or-break effort to regain its lost lead in the smartphone OS (operating system) market,
      1,233 words
    • 140 32  -  By AMIT ROY CHOUDHURY JESSICA Tan, Microsoft’s Singapore MD, noted that initially there will be five models loaded with the Windows Phone 7 OS (operating system) available in Singapore, among the three telcos. Singapore Telecommunications (SingTel) will carry the HTC HD7 from Taiwanese phone maker
      140 words
    • 704 32  -  By VICTORIA HO THE popularity of rich media is putting a strain on telcos, in particular their mobile networks, say industry voices. While carriers rushed to beef up backhaul capacity such as undersea cable infrastructure about a decade ago when the Internet took off, they
      704 words
    • 584 32  -  By RAJU CHELLAM IF you think cloud computing is still a lot of hype, take note and sit tight. More than 90 per cent of IT professionals in 87 countries are betting that cloud computing will overtake on-premise computing by 2015 as the
      Source: IBM DeveloperWorks  -  584 words
  • Page 32 Advertisements
    • 92 32 NEVER LET YOUR BUSINESS BE JEOPARDISED BY NETASQ SECURITY THREATS we secure IT FIREWALL I INTRUSION IPREVENTION ANTIVIRUS IANTISPAM VPN IPSec I VPN SSL ANTI-IP lANTISPYWARE IPHISHING HIGH IAUTHENAVAILABILITY ITICATIUN IIH. an NETASQ's UTM appliance throughput lives to its performance claims. quote by Gartner 2010 CERTIFIED EAL4 I-TTTTTI [TTTTU CXXJJ
      92 words

  • PROPERTY
    • 444 33 He says it would be very damaging to the people the govt is trying to protect Bloomberg [WASHINGTON] US Treasury Secretary Timothy Geithner said a nationwide moratorium on foreclosures would hurt US homeowners and real estate prices. “A national moratorium would be very damaging
      Bloomberg; BLOOMBERG  -  444 words
    • 477 33 [SYDNEY] Australian house prices may rise by up to 20 per cent over the next three years, despite interest rates possibly reaching 9.1 per cent, but Melbourne will miss out on most of the price growth, according to a respected business forecaster cited
      477 words
    • 1178 34 Criminal charges would be another stain on the swank Yellowstone Club AP [BILLINGS, Montana] Two years after the bankruptcy of Montana’s Yellowstone Club laid bare a massive real estate scheme fuelled by greed, fraud and hundreds of millions of dollars in ill-advised loans from
      AP  -  1,178 words
    • 363 35  -  By UMA SHANKARI [SINGAPORE] Paramount Hotel and Paramount Shopping Centre are up for sale again at an indicative price of $200 million through a public tender. The freehold property in District 15 was last put on the market in May 2007 at the
      363 words
    • 353 35  -  Q3 manufacturing output growth eased, reviving business caution By EMILYN YAP [SINGAPORE] Factory and warehouse rents continued to rise in the third quarter but at a slower pace, as manufacturing output growth eased and revived business caution. In a report released yesterday, CB
      353 words
    • 242 35 [SINGAPORE] Entities managed by German fund manager SEB have taken a 60 per cent stake in the consortium that has bought Chinatown Point shopping centre and four office units in Singapore. SEB Asset Management disclosed this yesterday, adding that the
      FILE PHOTO  -  242 words
    • 515 36  -  It is expected to manage a hotel of about 280 rooms in Asia Square Tower 2 BY KALPANA RASHIWALA [SINGAPORE] After an absence of about a decade, the Westin brand is expected to make a return to Singapore when a hotel with about 280
      515 words
    • 1283 36 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Emerald Gdn Apt 15/09/2010 999 1346 1950 1449 Marina Bay Residences Apt 15/09/2010
      1,283 words
    • 524 36  -  By UMA SHANKARI [SINGAPORE] Some US$281 billion of capital will be available to invest in global real estate in 2011, said DTZ Research a 22 per cent increase from the firm’s previous estimate in December 2009. DTZ’s estimate climbed as more
      524 words
  • Page 33 Advertisements
    • 100 33 COMMERCIAL BUILDINGS FOR SALE D.09 /11 REDEVELOPMENT SITES D.09 SERVICE APARTMENTS Site Area: 11,000 Plot Ratio: 2.8 D.09 RESIDENTIAL APARTMENTS SiteArea: 7,000 Plot Ratio 2.8 D.ll RESIDENTIAL APARTMENTS SiteArea: 14,000 Plot Ratio: 2.8 1 SHENTON CONDO WHOLE FLOOR ABOVE #34 TOP SOON International Property Group Pte Ltd +65 *****988 St.
      100 words
    • 262 33 THE QUAYS WHARF C HATHAM MARITIME Waterfront Investment Opportunity at an Incomparable Price Point Chatham Maritime Dockhead Road, Chatham, Kent ME44ZL Pricesfrom GBP110,000 The Ultimate Combination of Sleek Urbanity and Waterfront Serenity Just 17 Minutes from Central London Building permit No. MC2007/0533 EXHIBITION Sat 16th& Sun 17thOct 11am 7pm Hilton
      262 words

  • Page 34 Advertisements
    • 141 34 Impressive Corporate Image with State y Qy 1 of the Art Infrastructure. Beautiful Landscaping Exclusive environment equipped with full range of amenities for quick business set up Conveniently accessible via AYE and PIE Minutes away from Jurong East MRT and Bus Interchange maplexree industrial For leasing enquiries, Pis contact Ms
      141 words
    • 278 34 The World of Luxurious Real Estate T—'1*k Luxurious Penthouses Ardmore Pk Singapore most desirable address, 8,700sf of beautifully designed gracious living spaces and stunning city views and greenery views. The Claymore Penthouse distinctive interior design matches the elegance of the exterior. Singapore's finest address set with in heart of Orchard.
      278 words
    • 214 34 JONES LANG LASALLE FOR SALE BY PUBLIC TENDER Real value in a changing world Prime and Prominent Freehold Redevelopment Site Site Area: 9,539.7 sq.m/ 102,685 sq.ft (approx) Master Plan Zoning: Hotel Possible alternative uses include residential or commercial cum residential Dual frontage along Marine Parade and East Coast Road Within
      214 words

  • Page 35 Advertisements
    • 437 35 Prime ocean front hotel development site in Geographe Bay, Western Australia FOR SALE AzureResort,CavesRoad,Marybrook, WesternAustralia Total land area: 2,524sqm* Prime ocean front development site in Western Australia’s pristine south-west tourism region Multiple options from individual freestanding luxury villas or 80 plus key development (subject to approvals) Adjoins the popular Wyndham
      437 words
    • 168 35 OFFICE SPACE FOR LEASE REGENCY HOUSE iv\ -X~\ -Nn I -X-N i t* i is 9 JK i t t I m i a 1 III s iin n m ■^S^m Y ho ui ft I Unit sizes from 1,700 sq ft to 3,500 sq ft Minutes walk to Dhoby
      168 words

  • Page 36 Advertisements
    • 35 36 SAVILLS INDUSTRIAL Land the best returns for your industrial properties 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
      35 words