The Business Times, 24 March 2011

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Total Pages: 37
1 38 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|5l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, March 24,2011
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  • Article
    Lock icon Tight fit as homebuyers think small
    891 1  -  More picking up smaller units at lower overall costs as tighter loan-to-value ratios pinch investors; psf price of shoebox units rises By UMA SHANKARI [SINGAPORE] The last two sets of government measures to cool the property market may have pushed more homebuyers to opt
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  • Article
    Lock icon SGX sends S-chips a friendly reminder, raises legal reps issue
    517 1  -  Regulator wants ACs and directors to be able to remove, appoint legal reps LYNETTE KHOO By [SINGAPORE] Amid rising concerns over recent accounting issues at S-chips, Singapore Exchange (SGX) has sent out reminders to audit committees (ACs) this week to
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  • Article
    Lock icon MARKETS DIGEST
    141 1 GST INDEX 3,022.19 (+19.44) GST INDEX FUTURES 3,022 (+19) GSIMSCI 357.61 (+2.35) GSIMSCI FUTURES 356.80 (+1.80) FOREX US$ S$ US$ (S$ per US$) 1.266 (US$/S$ per 1.636 2.070 EURO (US$/S$/E) 1.417 1.794 Foreign currency per US$ S$ YEN 80.80 63.80 RM 3.030 2.394 HK$ 7.794 6.159 BAHT 30.29
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      7 1 BizIT Healthcare info governance vital PAGE 32
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      12 1 PAP CANDIDATES Latest batch includes a female banker PAGE 11 *****1 *****4
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      52 1 PROPERTY Value of Raffles Place/New Downtown office space up PAGE 38 FUKUSHIMA Health warning against tainted vegetables PAGE 4 KITCHEN HEAT Top chef may pack bags after kitchen bust-up I PAGE 4 In partnership with PATRIMONIO MUNDIAL WO R L D HERITAGE•PATRIMOINEMONDIAL• World Heritage Centre United Nations Educational, Scientific and
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  • TOP STORIES
    • Article
      Lock icon MAS proposes to regulate credit rating agencies
      471 2  -  Move is in line with global changes since the 1997-98 Asian financial crisis By SIOW LI SEN [SINGAPORE] The Monetary Authority of Singapore (MAS) has proposed regulating credit rating agencies in a bid to improve standards of the industry following the financial crisis.
      471 words
    • Article, Illustration
      Lock icon Private sector key to Asia’s development: World Bank
      393 2  -  Urgent need to build better infrastructure to fuel trade growth By LYNN KAN [SINGAPORE] Private sector investments in infrastructure building in emerging markets have to be stepped up, said World Bank managing director Sri Mulyani Indrawati. “The private role in infrastructure is
      393 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      526 2 Tight fit as homebuyers think small THE last two sets of government measures to cool the property market may have pushed more homebuyers to opt for smaller and cheaper private homes, new research shows. An analysis of some 14,000 caveats lodged for private homes sold by developers from
      526 words
    • Article, Illustration
      Lock icon Japan reports contamination of veggies, water
      888 4  -  PM Kan asks people not to eat leaf vegetables from Fukushima region By ANTHONY ROWLEY in Tokyo JAPANESE Prime Minister Naoto Kan yesterday warned the public not to eat leaf vegetables such as spinach harvested in Fukushima prefecture where a nuclear power station badly
      AP  -  888 words
    • Article, Illustration
      Lock icon Tharman to head key IMF steering committee
      255 4  -  By LYNN KAN [SINGAPORE] Finance Minister Tharman Shanmugaratnam is the International Monetary Fund’s (IMF) new chairman for its chief policy-steering committee. Mr Tharman will head the International Monetary and Financial Committee (IMFC) for a term of up to three years. His appointment comes
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    • Article
      Lock icon M’sian central bank sees economy growing 5-6%
      524 4  -  By S JAYASANKARAN in Kuala Lumpur THE Malaysian economy is expected to grow by 5-6 per cent in real gross domestic product (GDP) terms in 2011, moderating from an expansion of 7.2 per cent the previous year, according to the central bank. The
      524 words
    • Article
      Lock icon Man Investments (Singapore) Pte Ltd
      18 4 ISIN-CODE NAME NAV DATE LU********** Man AHL Trend SGD D SGD 97.48 14/03/11
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    • Article, Illustration
      Lock icon Chef in the soup after heat in the kitchen
      769 4  -  Head chef of Jaan may leave after kitchen bust-up By JAIME EE [SINGAPORE] The head chef of one of Singapore’s top restaurants is in trouble amid allegations that he was involved in a bust-up with one of his kitchen staff. Swedish
      YEN MENG JIIN  -  769 words
    • Article
      Lock icon February CPI up 5%, below expectations
      590 4  -  Sing dollar slips against US$ on news, but economists see some tightening ahead By EMILYN YAP [SINGAPORE] Singapore’s headline inflation took a breather and eased to 5 per cent in February, coming below market forecasts and January’s 5.5 per cent. The Singapore dollar dipped
      590 words
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      226 2 This can be your office Fast track your future with the Renaissance Engineering Programme r W? CEO jil. yry mmt 1 ji Take your first step towards becoming a Chief Executive Officer or a Chief Technology Officer. With NTU's Renaissance Engineering Programme, you will develop all the necessary interdisciplinary skills
      226 words
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      94 3 LIVE F O R AT THE HEART OF ROLEX LIES A STRONG AND POWERFUL BELIEF: LIVE FOR GREATNESS. THE VERY SPIRIT OF WHO WE ARE, IT DEFINES OUR TIMEPIECES. MAKES OUR CROWN ICONIC. YET GREATNESS IS WITHIN EVERYONE. PASSION. DRIVE. INSPIRATION. THEY EXPLAIN THE HOW AND WHY RECORDS ARE BROKEN.
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Time to buy commodity plays: Nomura
      859 5  -  By FELDA CHAY SHARE prices of commodi-ty-linked companies have underperformed this year, but this provides an attractive opportunity for investors to buy into such stocks, says Nomura. In a note yesterday, Nomura said that inventories of global agri-commodi-ties are at multi-year lows, which at
      BLOOMBERG  -  859 words
    • Article
      Lock icon Gaoxian trading halts: a poser
      756 5  -  HOCK LOCK SIEW By LYNETTE KHOO CHINA Gaoxian has joined the string of S-chips that have seen trading of their shares either halted or suspended. While investors are still anxiously awaiting news from the company, speculation is rife on what could have possibly happened. Investor
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    • Article
      Lock icon Keppel Corp forges ahead on all fronts
      951 6  -  New rig orders, acquisitions in FPS space, plans for logistics and property arms all point to a bright year By MICHELLE TAN IT seems like Keppel Corporation has a lot to smile about following a recent string of new contract wins that further
      951 words
    • Article, Illustration
      Lock icon Exchange takeovers taking time to materialise
      1129 6 Bloomberg [NEW YORK] Since Singapore Exchange Ltd (SGX) said it will pay US$8.3 billion for ASX Ltd, London Stock Exchange Group plc (LSE) agreed to acquire TMX Group Inc for US$3.1 billion and Deutsche Boerse AG struck a US$9.5 billion deal for NYSE Euronext,
      Bloomberg; BLOOMBERG FILE PHOTO  -  1,129 words
    • Article, Illustration
      Lock icon Think of takeover as a chance to make amends
      380 6  -  By JOHN FOLEY REUTERS BREAKINGVIEWS SINGAPORE’S bid for the Australian stock exchange has inspired the worst kind of island-nation thinking. Even if the regulator in Canberra doesn’t nix the US$7.5 billion takeover, many opposition politicians are threatening to do so when
      REUTERS  -  380 words
    • Article, Illustration
      Lock icon Citi sees Asian clients stoking hedge funds
      693 8  -  Head of managed investments tips asset growth this year at 30% By TEH HOOI LING CITI Private Bank expects a more than 30 per cent increase in its Asian clients’ assets in hedge funds this year, according to its global head for managed
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    • Article
      Lock icon DBS report recommends cautious trading for Q2
      599 8  -  Stability needed to attract investors’ risk appetite again By KELLY TAY DBS Group Research has recommended cautious trading for the second quarter of this year in Asia ex-Japan, saying that before any market rebound, stability is needed to lure the return of investors’
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    • COMPANY BRIEFS
      • Article
        Lock icon Saizen Reit update on Japan properties
        102 8 SAIZEN Real Estate Investment Trust said that all its 146 properties in Japan have been reported to be intact. This included the Royal Hills Katagiri, which is located in Sendai, which was inspected by the property manager yesterday. In the areas affected by the
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      • Article
        Lock icon Eratat Lifestyle bags 40m yuan order
        48 8 ERATAT Lifestyle has clinched 40 million yuan (S$7.7 million) of confirmed orders following the launch of its new Premium Summer Series its new high-end men’s wear product range in Hangzhou in February. The orders are to be fulfilled between April and June.
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      160 6 A Singapore Brand Conference < 1 °s PERCEPTION STRATEGY® 5 I I I [T1 iDIFFERENTIATIONiL!' 98 TRUST STRATEGY_j f I I 1 W W I BRAND CONCEPT m o TRUST STRATEGY Thursday, 31 March 2011 Suntec Convention Centre, Ballroom 3 IN THE NEW NORMAL RTRATFnV Singapore Brand Conference 2011 Programme
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      440 7 to £*w m-K- r, ■v o 5 L' 5 i-.-t* i.-. A' y 1 -T 7. r-' f > v- AaT-' 'A.' < aa--.' ,-P"V T H t >. <-~-j UP? .>* r. >>. %\J4_ *e- V I #s$# Es£/ lS' 3k *«&?•**••**v 'V. -5.%-r •ifeJi-, j. fe' v 1
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      1183 8 CHINA JISHAN HOLDINGS LIMITED (Incorporated in Singapore with limited liability) (Company Registration No. *****0591E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of China Jishan Holdings Limited (the “Company”) will be held at Amara Singapore Hotel, Connection 3 and 4, Level 3, 165
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      167 8 V h*h<] JACKPOT V 'a v SO 4 CO 15 TODAY IPLAYi) Always play > IresponslblyY Do not bet ill. RCB Reg No: *****0202G Sales close at 6pm Draw at 6.30pm at PoMo For details, visit www.singaporepools.com.sg Towards Community Purpose and Benefit SINGAPORE m OFFSHORE ASl/c. 6th Annual Conference Exhibition
      167 words
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      40 8 tabla! THE HEARTBEAT OF THE INDIAN COMMUNITY Bihar bounces back Economy is up, crime is down and NRIs are investing, thanks to good governance Sonakshi's okay with 'older men' GET YOUR COPY TOMORROW FROM ALL 7-ELEVEN OUTLETS WHILE STOCKS LAST
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      134 9 Your Address of Success. V.' x -i ji: r v- cjpfi-- v i •sv* -.1.. >uA '.i .J 4 > > fV> jr.''£ "v *i 4 3, i > m ■ton -A H 1 9 > a.; _yA> p «SfLV« VM|«| t '>.: Ad. <, y V*VC V y 5
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI up for third consecutive day
      528 10  -  Local index stays above 3,000-level as concerns over Japan disaster ease STOCKS CONRAD TAN Correspondent STOCKS here rose for a third straight day yesterday, as worries over the impact of the disaster in Japan on the rest of Asia eased. The Straits Times Index
      Source: Bloomberg  -  528 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      66 10 Mar 23 VALUE CLOSE BT OB/OS -353.00 +117.0 BT CADI -*****.00 +113.0 BT 10-day MA -*****.00 -35.00 FTSE ST Mid Cap 747.76 +5.05 FTSE ST Small Cap 535.72 +4.46 FTSE ST All Share 745.54 +4.93 FTSE ST China Top 266.69 +2.75 FTSE ST China 297.88 +3.92 FTSE
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    • Article
      Lock icon MOST ACTIVE STOCKS
      61 10 VOLUME HPH Trust US$ 171,321,000 Genting SP 139,943,000 Golden Agri 85,295,000 Dyna-Mac 62,184,000 New Wave 50,000,000 GLP 40,762,000 Noble Grp 26,278,000 *Genting HK US$ 23,436,000 Olam 20,877,000 ChinaTaisan 18,484,000 VALUE($) Genting SP 276,110,120 HPH Trust US$ 210,776,698 GLP 75,357,680 Golden Agri 58,020,220 Olam 57,454,640 Noble Grp 55,322,850
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 4 4 0 0 0 9 4 4 Manufacturing 75 38 58 9 5 13 84 43 71 Commerce 22 15 23 2 2 6 24 17 29 Tpt/Stor/Comms 14 11 16
      186 words
    • BROKERS’ TAKE
      • Article
        Lock icon ST Engineering
        426 10 March 23 close: $3.15 OCBC Investment Research, March 23 ST ENGINEERING (STE) announced that its marine arm, ST Marine (STM), has received a notice of termination from Louis Dreyfus Armateurs (LDA) regarding the shipbuilding contract for the roll-on/roll-off passenger ferry (Ropax); LDA is alleging that there is a
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      • Article
        Lock icon Singapore Land
        425 10  -  March 23 close: $6.53 CIMB Research, March 23 Compiled by LYNETTE KHOO SINGAPORE Land (SingLand) was sold down last week after the Japanese earthquake, to underperform the Straits Times Index by 8 per cent and the FTSE ST Real Estate Index by 7 per cent. Its decline of
        425 words
      • Article
        Lock icon Glossary:
        139 10 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value NTA net tangible asset 9M nine months P/B price/book value (ratio) PE price/earnings (ratio)
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 26,291 26,291 66,128 66,128 Manufacturing 258,320 8,467 266,787 230,573 377 230,950 Commerce 76,793 3,703 80,496 142,740 610 143,350 Tpt/Stor/Comms 276,705 2,189 278,894 380,791 539 381,330 Finance 26,596 26,596 170,415 170,415 Construction 15,773 2,770 18,543 4,671
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 10 Stock name Close Change CapMallsAsia 1.680 +0.020 CapitaLand 3.300 +0.040 CapitaMall 1.810 +0.020 CityDev 11.280 +0.440 ComfortDelGro 1.510 DBS Grp 14.240 -0.040 F&N 5.460 -0.020 GLP 1.850 +0.020 Genting SP 1.990 +0.060 Golden Agri 0.690 +0.025 HK Land 6.820 +0.120 JMH 43.560 -0.420 JSH 26.480 +0.060
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    • Article, Illustration
      Lock icon Won falls on dollar short-covering
      470 10 CURRENCIES Reuters [SINGAPORE] The South Korean won led falls in emerging Asian currencies yesterday as investors covered their short dollar positions and booked profits from their recent rebounds, suggesting that investors are still risk-averse. Debt worries in Portugal and Ireland, as well as unrest in
      Reuters; BLOOMBERG  -  470 words
    • Article
      Lock icon RISES
      109 10 BY CENTS CLOSE UP DBXT FTChina25 10US$ 3111 113.9 3.0 DBXT Nifty 10US$ ***** 112.6 0.7 Asia Pac Brew 2290 60.0 2.7 CityDev 1128 44.0 4.1 CityDev.ES.1103 1122 34.0 3.1 DBXT DBCBDJUBS 10US$ 3860 25.3 0.5 DBXT MSCHINA 10US$ 1237 22.8 1.5 DBXT S&P Short 10US$ 4354 21.5 0.4
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    • Article
      Lock icon FALLS
      118 10 BY CENTS CLOSE DOWN IS S&P500 ***** -69.6 -0.4 JMH 4356 -53.1 -1.0 DBXT MSJAP 10US$ 3894 -39.2 -0.8 Lyxor China H 10US$ 1626 -15.2 -0.7 SIA 1328 -14.0 -1.0 DBXT S&P500 10US$ 2041 -12.7 -0.5 SIA 200 1328 -12.0 -0.9 DBXT MSKorea 10US$ 5841 -11.4 -0.2 Olam.ES.1103 275
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      Lock icon FTSE ST CATALIST INDEX
      5 10 DAILY
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  • SINGAPORE NEWS
    • Article
      Lock icon Majority of new PAP candidates are under 40
      473 11  -  This will ensure that there is leadership renewal within the party’s ranks: DPM Reports by LEE U-WEN THE new People’s Action Party (PAP) candidates to be fielded in the coming general election the majority of whom are under 40 years old will
      473 words
    • Article, Illustration
      Lock icon Bank exec is first new female PAP candidate
      700 11 Lee Yock Suan’s son and a unionist join party’s election slate SHE collected her pink Singapore identity card three years ago, soon after completing a four-year overseas stint with her employer, Standard Chartered Bank. Today, just over a year after joining the
      700 words
    • Article
      Lock icon Local firms speed up payment of invoices
      192 11  -  By LYNN KAN SINGAPOREAN businesses were more timely in paying their invoices in the last quarter of 2010, after successive quarters of slow payment. DP SME Credit Bureau said that based on 10,000 payments made during Q4, the average time that firms took
      192 words
    • Article
      Lock icon COEs fall in most categories
      234 11 CERTIFICATES of Entitlement (COEs) premiums fell across all categories with the exception of cars 1,600 cc and below in the latest open bidding exercise. COE premiums for category A (cars 1,600 cc and below as well as taxis) rose from $42,600 previously to $43,813, up
      234 words
    • Article
      Lock icon Precision engineering firms to get new technologies from SIMTech
      257 11  -  Aim is to help PEs enter the aerospace, O&G, medtech trades By TAN SHIHAO SEAN SINGAPORE Institute of Manufacturing Technology (SIMTech), a research institute of the Agency for Science, Technology and Research (A*STAR), unveiled new plans to equip Precision Engineering (PE)
      257 words
    • Article
      Lock icon SDA unveils its first four election candidates
      428 11  -  It wants to address high cost of living, housing issues By FELDA CHAY THE Singapore Democratic Alliance (SDA) yesterday unveiled the first four of the 20 candidates that it plans to field in the upcoming General Election. It said that its full line-up
      428 words
    • Article, Illustration
      Lock icon No climate of fear at this political forum
      500 11  -  By CHUANG PECK MING IS there still a climate of fear in Singapore politics? When the debate on the question hit a high note yesterday at a political forum, the lights in the packed room suddenly went out. “That’s not because of
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      38 11 The office of the future has arrived Find out why the new Asia Square in Marina Bay is the buzz among MNCs on page 11 and 12. WHAT'S BETTER FOR HUMANS IS BETTER FOR BUSINESS. www.thehumanbuilding.com ASIA SQUARE
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      1359 12 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg DOVECHEM HOLDINGS PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) COMPANY REGISTRATION NO. *****1768R (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Extraordinary General Meeting of the Company will be held
      1,359 words
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      1867 12 (Registration No. *****02) (Constituted in the Republic of Singapore as a business trust pursuant to a trust deed dated 23 July 2009 (as amended)) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of the holders of units of K-Green Trust (“KGT”, and the
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Investment banks in London hiring more
      601 13 But UK yet to recover fully from worst economic crisis since the ‘30s Bloomberg [LONDON] Investment banks in Europe’s financial capital are adding jobs, helping to bolster headcounts at law and accounting firms across London, as the rest of Britain struggles to recover from
      Bloomberg; REUTERS  -  601 words
    • Article
      Lock icon Fed earns record US$81.7b in 2010 on crisis assets
      402 13 Reuters [WASHINGTON] The Federal Reserve earned a record US$81.7 billion in 2010, largely on investments made to help the economy and banks weather the 2007-2009 financial crisis, and turned the bulk of it over to the US Treasury. According to audited
      Reuters  -  402 words
    • Article
      Lock icon US business borrowing up in Feb: lender group
      322 13 Reuters [NEW YORK] A key measure of US business activity rose sharply in February from a year ago, as companies borrowed more to invest in their operations, but the reading was down slightly from the prior month and credit quality eased, a
      Reuters  -  322 words
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      456 13 Dear reader, Advertisement You may have been approached to sign long-term license agreements for your virtualization projects. But with the arrival of cloud computing, signing up for a long-term virtualization commitment may lock you into a vendor that cannot provide you with the breadth of technology, flexibility or scale that
      456 words
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  • MALAYSIA
    • Article
      Lock icon MAS cuts expansion plans as fuel costs rise
      413 14 It is monitoring traffic flow on Tokyo flights, may redirect capacity elsewhere Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd (MAS), the national carrier, may pare expansion plans this year because of surging fuel prices, chief executive officer Tengku Azmil Zahruddin said. “We’ve
      Bloomberg  -  413 words
    • Article
      Lock icon Cap on foreign stake in banks to stay
      431 14  -  30% limit to ensure system caters to all but exceptions in rare cases not ruled out By Pauline Ng in Kuala Lumpur MALAYSIA’S central bank yesterday said applications to increase the foreign equity ownership in local commercial banks beyond 30 per cent
      431 words
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      5 14 NOTICE OF ANNUAL GENERAL MEETING
      5 words
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      152 14 bio-Xcell Building it Green From SGD1 2£ psft you Can JUITipStart to Bio-Manufacturing Excellence! x i J/ f1 •Vt From as low as SGD 1 20 per sq ft, Bio-XCell provides you with a condusive manufacturing space to establish your footprint in Asia in Nusajaya, Johor, Malaysia. Bio-XCell is designed
      152 words
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      1756 15 V SINGAPORE GREEN BUILDING COUNCIL BUILDING A GREEN FUTURE. GREEN IS THE WAY TO GO AS SINGAPORE MOVES TOWARDS GREENING OF BUILDINGS BY 2030, AND EMBRACES GREATER ENVIRONMENT SUSTAI NAB I LITY. RECYCLED MATERIALS INCLUDES: RECYCLED CONCRETE AGGREGATES, RECLAIMED ASPHALT PAVEMENTS, WASHED COPPER SLAG MECHANICAL INCLUDES: CHILLERS, PUMPS, MOTORS, FANS(DRIVES),
      1,756 words
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  • GREATER CHINA
    • Article
      Lock icon CNOOC posts best ever Q4 profits, surpasses forecasts
      444 16 Stellar results due to soaring crude oil prices and high production growth Reuters [HONG KONG] China’s top offshore oil producer CNOOC Ltd reported its best ever fourth quarter results, surpassing forecasts, on the back of soaring crude oil prices and stellar production
      Reuters  -  444 words
    • Article
      Lock icon China can overtake US in 20 years with 8% growth
      350 16 Income inequality, pollution stand in the way: economist AFP [HONG KONG] China could overtake the United States as the world’s largest economy if it maintains annual growth of 8 per cent over the next 20 years, the World Bank’s chief
      AFP  -  350 words
    • Article, Illustration
      Lock icon China may match India as biggest gold consumer
      496 16 Bloomberg [MUMBAI] Chinese consumption of gold may climb to rival that of India, the top user, as investors buy the metal as a store of value, said GFMS Ltd and INTL FCStone. Demand in China, the world’s second-biggest economy, almost tripled to
      Bloomberg; AFP  -  496 words
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      1370 16 (Constituted in the Republic of Singapore pursuant to a trust deed dated 28 November 2005 (as amended)) Managed by K-REIT Asia Management Limited (Company Registration No. *****1357K) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of the holders of units of K-REIT Asia
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  • INDIA
    • Article, Illustration
      Lock icon Buffett rules out cars as he looks to invest in India
      498 17 Berkshire goes into insurance sales but he finds foreign stake limit a hurdle Reuters Bloomberg [MUMBAI] Billionaire Warren Buffett, who is looking to invest in large countries such as China, India and Brazil, yesterday said he expected global output
      Reuters; Bloomberg; REUTERS  -  498 words
    • Article
      Lock icon Grasim to acquire paper pulp maker
      224 17 Bloomberg [MUMBAI] Indian billionaire Kumar Mangalam Bir-la-controlled Grasim Industries Ltd plans to acquire a paper pulp maker to feed the proposed expansion of its synthetic fibre plant and cut costs. Grasim, the world’s largest maker of viscose staple fibre, used in textiles, plans to
      Bloomberg  -  224 words
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      367 17 A DAY IN THE LIFE OF THE CBD KUALA LUMPUR The pulse of every great city emanates from its Central Business District (CBD). As the global trend of professionals choosing to work, live and play in the heart of the city gains momentum, an urban oasis of luxury suites is
      367 words
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      784 18/19 Asia Square: The premium office space of choice Intelligent mix of landmark features wins over top-notch MNCs ASIA Square is a new premium integrated commercial development located in the heart of Marina Bay that is set to launch in July this year. Designed from the “human” perspective around a winning
      784 words
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      Lock icon Page 18/19 Advertisements Column 2
      783 18/19 Five-star luxury living WHAT differentiates Asia Square from other developments is that it will be the first commercial development in the Marina Bay area to house a five-star business hotel. Managed by Starwood Hotels Resorts under the Westin brand, the 305-room hotel will provide high quality accommodation and world-class business
      783 words
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  • WORLD
    • Article, Illustration
      Lock icon Resource nationalism dampens mining
      581 20  -  Mining firms now need to invest in environmental, biodiversity studies By in TEH SHI NING in Hong Kong EFFORTS to mine resources so as to keep up with surging demand that is pushing commodity prices up are increasingly being held back by government involvement and stakeholder
      REUTERS  -  581 words
    • Article
      Lock icon Credit-default swaps traders more optimistic than Fitch
      169 20 Bloomberg [LONDON] Credit-default swaps traders are more optimistic about the creditworthiness of European companies than Fitch Ratings, the company said. Swaps imply credit rankings that are on average two levels higher than those assigned by Fitch, analysts led by Alex Griffiths in London
      Bloomberg  -  169 words
    • Article
      Lock icon More firms issuing bonds to finance M&As
      580 20 Borrowing costs are still at their lowest level in 3 years Bloomberg [NEW YORK] Sanofi-Aven-tis SA, France’s biggest drugmaker, and DuPont Co are leading companies selling debt to fund mergers and acquisitions at the fastest pace since at least 2005, as bondholders’ confidence
      Bloomberg  -  580 words
    • Article, Illustration
      Lock icon Fukushima engineer says he concealed reactor flaw
      631 21 Containment vessel for reactor 4 dented in manufacturing process, he claims Bloomberg [TOKYO] One of the reactors in the crippled Fukushima nuclear plant may have been relying on flawed steel to hold the radiation in its core, according to an engineer who helped
      Bloomberg; REUTERS  -  631 words
    • Article
      Lock icon An SWF may be what Japan needs now
      433 21 Such a fund would help the country meet its huge reconstruction costs Reuters [TOKYO] In the past, Japan has shied away from putting some of its US$1 trillion-plus foreign reserves into a sovereign wealth fund (SWF). Its devastating earthquake and tsunami may
      Reuters  -  433 words
    • Article
      Lock icon US new home sales plunge to record low
      457 22 Median prices in Feb down 8.9% to lowest since 2003 Bloomberg [WASHINGTON] Purchases of new US homes unexpectedly declined in February to the slowest pace on record and prices dropped to the lowest level since December 2003, adding to evidence the industry
      Bloomberg  -  457 words
    • Article, Illustration
      Lock icon Hollywood icon Elizabeth Taylor dies at 79
      415 22 Bloomberg [NEW YORK] Elizabeth Taylor, the violet-eyed beauty whose hectic off-screen love life often eclipsed her most sultry film roles, has died. She was 79. She died yesterday at Ce-dars-Sinai Medical Center in Los Angeles, CNN reported, citing a statement from her publicist.
      Bloomberg; AP FILE PHOTO  -  415 words
    • Article
      Lock icon Cairo bourse plunges as it resumes trading
      333 22 AFP [CAIRO] The Cairo stock exchange plunged sharply lower yesterday in its first day of trading in seven weeks, laying bare economic jitters as Egypt moves towards elections following a popular revolution. The main EGX-30 index shed an initial 9.93 per cent to
      AFP  -  333 words
    • Article, Illustration
      Lock icon Bahrain faces uncertain future, security still tight
      511 23 Shi’ites have not returned to work, in line with general trade union strike AFP [MANAMA] Traffic flowing into the Bahraini capital’s business district appears to signal a return to normal, but the Gulf financial hub faces an uncertain future after police crushed a
      AFP  -  511 words
    • Article
      Lock icon UK trims growth forecast, sticks to deficit-cutting plan
      473 23 Chancellor also expects inflation to stay above target Reuters Bloomberg [LONDON] Britain yesterday cut its economic growth forecast and said inflation would remain above target this year and the next in a budget that stuck to ambitious deficit-busting goals. Chancellor of the
      Reuters; Bloomberg  -  473 words
  • Page 20 Advertisements
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      2303 20 G. K. GOH HOLDINGS LIMITED (Company Registration No.*****0184D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-second Annual General Meeting of G. K. Goh Holdings Limited (the "Company”) will be held at Cinnamon Room, Novotel Singapore Clarke Quay, 177A River Valley
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      57 21 Swiss quality also stands for dynamism. Ensuring your success with global mailings. SwissPostoffersyoucross-bordermailing options to make your business even more successful.You can count on us for daily mail, direct mailings, newspapers, magazines and small consignments. With our flexibility, innovativeness and reliability we are your partner for international mailings. Further information
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      8 21 1. 2. 3. 4. 5. 6. 7. 8.
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  • Page 22 Advertisements
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      2606 22 ROKKO HOLDINGS LTD. (Incorporated in Singapore) (Company Registration No.: *****9694C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of the Company will be held at 61 Kaki Bukit Road 2, Singapore *****9, on Friday, 8 April 2011 at 10.00 a.m. for the following
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      21 22 IT'S HERE! ..ill 3G 2:40 PM 4 LDRD llE WK GET THE FREE 9I.3FM APP NOW! Available on the App Store
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      2751 23 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD Incorporated in the Republic of Singapore Company Registration No.: *****3293Z NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the “EGM”) of the Company will be held at Raffles Town Club, Dunearn
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  • EDITORIAL & OPINION
    • Article
      Lock icon A welcome expansion of the SME pool
      477 24 EDITORIAL SINGAPORE’S small and medium enterprises (SMEs) appear to be in good shape: A survey finding released yesterday suggests that their cash flow is strong, with many of them paying off debts at a much faster pace than before. Findings by DP SME
      477 words
    • Article
      Lock icon Oversight of the Bank of England sorely inadequate
      846 24  -  THE BOTTOM LINE By DAVID G BLANCHFLOWER The writer, a former member of the Bank of England’s monetary policy committee, is a professor of economics at Dartmouth College and the University of Stirling. The opinions expressed are his own Bloomberg THE British
      Bloomberg  -  846 words
    • Article, Illustration
      Lock icon Not every firm plays by the rules all the time
      973 24  -  Selective violations may be systematic as some rules allow for flexible interpretations By DAVID W LEHMAN, RANGA RAMANUJAM David WLehman is an assistant professor in management organisation at NUS Business School. Ranga Ramanujam is an associate professor of management at
      AFP  -  973 words
    • Article, Illustration
      Lock icon Fukushima Fifty: Japan’s new heroes
      1289 25  -  World owes these largely anonymous nuclear plant workers a debt of gratitude for risking their lives to save others’ ANTHONY ROWLEY Tokyo Correspondent RATHER a lot of what we might call “d” words have been used in describing the situation in Japan since March 11
      AFP  -  1,289 words
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      Lock icon Disaster readiness needed as S’pore firms venture abroad
      688 25  -  By KATHRYN YAP The writer is managing partner, CTPartners in Singapore. She has nearly 20 years’ experience in placing CEOs, CFOs, COOs, CIOs and members of boards of directors for global companies SINGAPORE is relatively safe from natural disasters but businesses here
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  • AVIATION
    • Article, Illustration
      Lock icon Virgin Atlantic’s slots at Heathrow may be on sale
      775 26 It would give Delta, Air France a growth opportunity as EU partners are involved Bloomberg [LONDON] Richard Branson may create a “once-in-a-generation” chance for Delta Air Lines Inc and Air France-KLM Group to grow at London Heathrow, Europe’s busiest airport. The
      Bloomberg; AP  -  775 words
    • Article
      Lock icon Saudi Arabian Airlines plans Q2 IPO for catering unit
      406 26 Reuters [JEDDAH] Saudi Arabian Airlines plans to hold in the second quarter a delayed initial public offer (IPO) of its catering unit, estimated to be worth up to US$540 million, its top executive said. The Saudi national carrier started a long
      Reuters  -  406 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      3287 26 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1230 KU6458 1425 --SQ458 1425 EY473 1940 --VA7473 1940 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 9W4081 1830 AF8087 1830 BA7381 1830 JL5084 1830 MU8213 1830 QF81 1830 Amsterdam LO4031 0605 KL836
      3,287 words
    • Article
      Lock icon US airlines raise fares, cut flights
      656 26 AP [DALLAS] Already struggling with high fuel prices, the big US airlines now face a drop in demand for flights to Japan, a lucrative route and gateway for travel to Asia. The airlines’ response: They’re raising fares and eliminating unprofitable flights. Delta Air Lines
      AP  -  656 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      367 26 CRYPTIC CROSSWORD Across 1 Speciality of some doctors a line in part of body (6) 5 Rubbish given applause a trick (8) 9 Reduction in speed with which society is given info (8) 10 Medic, a person putting boy off one with a yarn (6) 11 Old felines about to
      367 words
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      27 27 Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIMES
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  • SHIPPING
    • Article
      Lock icon SHIPPING TIMES
      4291 27 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN 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 Camden/New Orleans/Tampico Destination JIMBLOOM Muscat/Sharjah/Doha/Dammam SEA
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      Lock icon Cosco Pacific doubles profit in FY2010
      381 28 It is riding on increase in world trade as global economies recover Bloomberg [SINGAPORE] Cosco Pacific Ltd, Asia’s third-largest container terminal operator, more than doubled profit last year as world trade rebounded from the global recession. Net income climbed to US$361.3 million from US$172.5
      Bloomberg; REUTERS  -  381 words
    • Article
      Lock icon LNG cargoes to be diverted to Japan
      257 28 Bloomberg [JAKARTA] Indonesia, the world’s third-largest liquefied natural gas (LNG) exporter, may divert cargoes from BP plc’s Tangguh plant in West Papua province to Japan, Energy and Natural Resources Minister Darwin Saleh said. The cargoes were originally to be shipped to Sempra Energy’s
      Bloomberg  -  257 words
    • Article
      Lock icon Evergreen Marine Corp posts third straight quarter of profit
      306 28 Bloomberg [TAIPEI] Evergreen Marine Corp, the listed unit of Asia’s biggest container line, posted a third straight quarter of profit as the global economic recovery boosted shipping rates. Net income was NT$3.49 billion (S$149 million) in the fourth quarter, compared with
      Bloomberg  -  306 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 28 SGX '000 Mar 23 S$ +/-Vol CH Offshore 0.43 unch 275 Chuan Hup Hldg 0.22 0.01 76 Cosco Corp 1.91 0.02 ***** CWT Ltd 1.22 unch 417 Ezra Hldgs 1.71 -0.03 1859 First Ship Lea 0.41 -0.01 1190 Freight Links 0.06 unch 1152 Grand Banks unch unch 0
      278 words
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      Lock icon Takeover talk fuels Hyundai Merchant rise
      420 28 Shares up 15%, the daily limit, to 33,200 won Bloomberg [SINGAPORE] Hyundai Merchant Marine Co, the biggest unit of South Korea’s Hyundai Group, jumped to the highest in six weeks in Seoul trading on renewed speculation that the company may become a takeover target.
      Bloomberg; BLOOMBERG  -  420 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8422 29 Transaction date: Mar 23 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 21 14.5 8Telecom 17.5 17 18 7.8 3.5 3.7 83.8 12 4.5 A-Sonic 6.5 unch 285 6.5 6 6.5 7
      8,422 words
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      Lock icon SGX CATALIST
      1577 30 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 7 4 t AA Grp 4.5 4 5 21.4 4.3 225 130 t APStrategic 160 158 168 94.9 1.5 0.5 t Advanced System 0.5
      1,577 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9632 30 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.32/ APS Alpha Fund (USD)!** 1.04/ 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
      9,632 words
    • Article
      Lock icon GLOBALQUOTE
      247 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A50.5cd unch 4 50.5 50.5 52 54 3.6 6.9 4 131.5 55 16 Genting HK US$ US42 +1 ***** 42.5 41 42 42.5 2765.5
      247 words
    • Article
      Lock icon SGX ETF
      813 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 112.5 +0.2 10 112.5 112.5 112.5 113 513.5 1070 761 CIMBAsean40 100US$ US1018 +2 32 1018 1018 1004 1018 40.7
      813 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 31 In local curr In S$ In US$ dy yr dy yr dy yr Mar 22 Index Change Change Change Change Change Change World Index Preliminary 905.9 0.2 0.9 0.0 1.0 0.3 2.5 EAFE Preliminary 787.7 0.7 -1.6 0.7 0.1 1.0 1.5 Europe Preliminary 1159.8 -0.3
      374 words
    • Article
      Lock icon INTERBANK RATES
      180 31 Mar 23 $S Offer Bid 0vernight 0.01 par 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.01 US$ Offer Bid 7 days 0.32 0.22 1 month 0.38 0.28 2 months 0.43 0.33 3 months 0.48 0.38 6 months 0.58 0.48 9 months 0.80 0.60 12
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 31 Mar 23 S$ Bid Offer 1-month 1.2649 1.2660 2-months 1.2648 1.2658 3-months 1.2646 1.2656 6-months 1.2640 1.2651 Source: OCBC
      22 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 31 Mar 23 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.317 1.243 Can dollar 1.312 1.262 Euro 1.826 1.756 Sterling pound 2.109 2.028 NZ dollar 0.96 0.915 US dollar 1.284 1.235 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon STOCK INDEX FUTURES
      27 31 Mar 23 Open High Sett STI Mar 3022 SIMSCI Mar 354.8 358.1 356.8 Taiwan Mar 300.6 302.9 300.8 Source: MF Global (S) Pte. Ltd
      27 words
    • Article
      Lock icon PALM OIL
      65 31 Mar 23 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3410 3347 3410 3345 936 3970 May 11 3365 3328 3388 3320 3886 ***** Jun 11 3345 3306 3367 3306 ***** ***** Jul 11 3325 3293
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      469 31 Mar 23 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.6250 0 1885 Sep11 99.5450 0 4375 Dec11 99.4300 0 2675 Mar12 99.2350 0 301 EUROYEN TIBOR FUTURES Jun11 99.6725 750 2823 Sep11 99.6700 650 1373 Dec11 99.6550 0 1936 Mar12 99.6450 99.6450 99.6450 99.6350 0
      469 words
    • Article
      Lock icon SICOM FUTURES
      141 31 Mar 23 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Apr 11 574.0 565.0 574.0 24 May 11 571.3 Jun 11 570.7 Jul 11 570.0 Aug 11 565.0 Sep 11 560.0 Oct 11 560.0 Nov 11 560.0 Dec 11
      141 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      79 31 Mar 23 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****Z 23.06.2011 0.24 1-Year BY*****N 01.11.2011 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.49 5-Year N*****0S 2.875 01.07.2015 108.08 108.20 108.10 10-Year NY*****N
      79 words
    • Article
      Lock icon CHICAGO BOT
      118 31 Mar 22 SOYBEANS (5,000 bu min; US cents/fiG lb bushels,i Close Previous Hiuh/Low May 11 1365.50 1363.00 1366.00 1344.00 Jul 11 1375.00 1373.00 *****0 1354.00 Aug 11 1370 50 1369 50 1369.50 '356 75 Sep 11 1356.50 1357 50 1357.00 1334.25 SOYBEAN/OIL (60,000 lbs; US cenl/lb) Close Previous
      118 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 31 CRUDE OIL PRODUCTS Mar 22 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 115.99 0.47 WTI (Near Mth) 104.43 2.11 Dubai (1-Mth F) 108.54 -1.11 Tapis blend 120.15 -1.12 Minas 117.15 -1.32 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 107.33 unch Jet Kerosene 132.75 unch US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2735 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left AFP Properties EW*****8 21 1 158 1 10 -9 1.62 56 Asia-Pacific Strategic W*****6 26 1 150 10 6.15 38 ASJ Hldgs W*****1 1 1 4 11 4.50 11 AlliedTech W*****2
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    • Article
      Lock icon INTERBANK CROSS RATES
      464 31 Mar 23 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.990 6.620 0.712 7.864 45.342 88.006 0.815 11.340 3.057 1.364 86.164 43.879 1.277 6.976 0.908 29.840 30.556 0.617 1.009 Canada 1.010 6.686
      464 words
    • Article
      Lock icon SIBOR
      85 31 Mar 23 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 31 Mar 23 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2761 1.2777 1.0087 1.0092 Canadian dollar 1.2887 1.2908 1.0186 1.0195 Euro 1.7932 1.7947 1.4174 1.4175 NZ dollar 0.9355 0.9373 0.7395 0.7403 Sterling pound 2.0691 2.0710 1.6355 1.6357
      154 words
    • Article
      Lock icon PRECIOUS METALS
      78 31 Mar 23 GOLD (iJSS/oz) Mar 22 Mar 23 Hong Kong 1429,50 1429.20 Mar 21 Mar 22 London 1432.00 1425.75 1433.00 1426.45 Source: Thomson Reuters CAST BAR Mar 23 M Selling Buying Kilobar 62.279.35 ***** PAMP GOLD BARS (SS> Selling Buying lym 140 58 5gm 396 291 lOym 707
      78 words
    • Article
      Lock icon LONDON METALS
      72 31 Mar 22 Aluminium, 99.7% purity (USVlorine, i Close Previous Cash 2572.50 2543,50 3 months 2600.00 2576.00 Couuer. Grade A (USS/tonne I Cash 9482.50 9390.50 3 months 9490.00 9431.00 Lead lUSS/tonne) Cash 2697.00 2669.50 3 months 2670.00 2645.00 Nickel (USS/tonne 1 Cash *****,00 *****.00 3 months *****,00 *****,00 Tin
      72 words
    • Article
      Lock icon LIFFE
      82 31 Mar 22 COCOA (£/tonne) Close Prev High/Low May 11 2089 2050 2092/2036 Jul 11 2085 2051 2086/2036 Sep 11 2086 2056 2088/2041 Dec 11 2093 2063 2095/2049 COFFEE (US$/tonne) Close Pev High/Low Mar 11 2536 2575 2562/2538 May 11 2569 2613 2635/2536 Jul 11 2433 2453 2460/2406 Sep 11
      82 words
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  • BizIT
    • Article, Illustration
      Lock icon Healthcare info governance ‘vital’
      658 32  -  Accenture says national electronic health record system that goes online in April is a step in this direction, reports AMIT ROY CHOUDHURY reports AMIT ROY CHOUDHURY INFORMATION governance in healthcare is the way forward for Singapore as it gets ready to roll out the National Electronic
      FILE PHOTO  -  658 words
    • Article
      Lock icon Judge throws out Google’s US$125m digital library deal
      728 32 Copying of books violates rights of authors, says judge Bloomberg [NEW YORK] A US judge rejected Google Inc’s US$125 million settlement with publishers and authors, saying the deal to create the world’s biggest digital book library would be unfair to authors. The
      Bloomberg  -  728 words
    • Article
      Lock icon Groupon operating chief steps down
      324 32 Bloomberg [SAN FRANCISCO] Groupon Inc chief operating officer Rob Solomon is departing from the world’s largest coupon site, leaving a hole in the company’s executive ranks as it prepares for an initial public offering (IPO). Mr Solomon joined Groupon about a year ago after serving
      Bloomberg  -  324 words
  • Page 32 Advertisements
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      2109 32 HENGXIN TECHNOLOGY LTD. (carrying on business in Hong Kong as HX Singapore Ltd.) (Company Registration Number *****4927H) (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hengxin Technology Ltd. (“the Company”) will be held at The Fullerton Hotel
      2,109 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Wharf Holdings 2010 profit up just 1%
      821 33 One-time gain from the sale of a property in Beijing had inflated previous year’s earnings Bloomberg [HONG KONG] Wharf (Holdings) Ltd, owner of two of Hong Kong’s largest malls and the city’s cable TV operator, said that 2010 underlying profit rose one per
      Bloomberg; BLOOMBERG  -  821 words
    • Article
      Lock icon Househunt PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 23 WITH CONTRACT DATES BETWEEN FEB 23 AND MARCH 1, 2011
      1445 33 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Emerald Gdn Apt 01/03/2011 999 990 1535 1551 Marina Bay Residences Apt 28/02/2011
      1,445 words
    • Article, Illustration
      Lock icon Outcry over planned mansion in LA district
      708 34 Neighbours say project is oversized and will destroy their quality of life AP [LOS ANGELES] In the wealthy hillside neighbourhoods bordering Beverly Hills, neighbours are blase about the famous names who live next door and keep to themselves. But the proposal to build
      AP; AP PHOTOS  -  708 words
    • Article, Illustration
      Lock icon Restoring loan caps to hit Seoul home sales
      418 35 Govt move to halve transaction taxes till the year-end not enough, say analysts Bloomberg [SEOUL] South Korea’s plans to reinstate mortgage lending limits that were temporarily scrapped in August to spur property transactions may lead to a further decline in the real
      Bloomberg; BLOOMBERG  -  418 words
    • Article
      Lock icon Kuwait’s KIA to invest 1b dinars in local property
      198 35 Reuters [KUWAIT] Kuwait Investment Authority (KIA), the country’s sovereign wealth fund, said it will launch a real estate portfolio worth one billion dinars (S$4.6 billion) to invest in the local market. “The real estate portfolio aims to achieve good returns on
      Reuters  -  198 words
    • Article, Illustration
      Lock icon Property firms see bright outlook for office market
      791 36  -  Singapore expected to account for 3% of worldwide new office supply this year By KALPANA RASHIWALA THE outlook for the office market seems bright despite a rash of new supply coming onstream this year. CB Richard Ellis said yesterday that Singapore would
      FILE PHOTO  -  791 words
    • Article
      Lock icon Li Ka-shing’s yuan Reit tests waters
      329 37 Hui Xian will sell 2.7b existing shares, or 40% of the company in the IPO Bloomberg [HONG KONG] Billionaire Li Ka-shing’s real estate investment trust was scheduled to begin gauging investors’ interest for Hong Kong’s first yuan-denomi-nated initial public offering yesterday, according to terms
      Bloomberg  -  329 words
    • Article
      Lock icon China sends teams to check property tightening results
      215 37 Reuters [BEIJING] China’s government has dispatched eight “special” teams across the country to assess the impact of its property tightening measures, the official China Securities Journal reported yesterday. The move followed measures announced by China’s Cabinet and a maiden property tax in
      Reuters  -  215 words
    • Article, Illustration
      Lock icon Grade A office capital value up 11.2% in Q1
      485 38  -  Consultants expect average of $2,322 psf in Q1 to hit $2,600 by year-end By KALPANA RASHIWALA THE average capital value of Grade A office space in the Raffles Place/New Downtown area has increased about 11.2 per cent quarter on quarter to
      Source: Colliers International Singapore Research  -  485 words
  • Page 33 Advertisements
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      Lock icon Page 33 Advertisements Column 1
      45 33 Residential Sales Come home to your dream address Savills has over 200 offices and associates worldwide to meet all your real estate needs, anywhere in the world. Call 6836 6888 savills.com Search with us at resident ia I .savills. com .sq savills AGENCY NO. L*****87F
      45 words
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      Lock icon Page 34 Advertisements Column 1
      426 34 Exclusively in Singapore London Property and Economics Seminar In Singapore this weekend, King Sturge London's Chief Property Economist provides his view on the state of the market Jon Neale is Head of King Sturge London Residential Research and was formerly Head of Market Intelligence at the UK Government's Homes and
      426 words
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      Lock icon Page 34 Advertisements Column 2
      42 34 Seascape at Sentosa Cove TOP Obtained Luxurious homes by the sea Choice 3 4-Bedrooms and Penthouses New actual unit showflat Viewings by appointment Derrick Chan 9766 5020 Reg No. R*****5J Sabrina Sim 9618 8397 Reg No. R*****0I Estate Agency Licence No. L*****01G
      42 words
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      Lock icon Page 35 Advertisements Column 1
      568 35 NO. 1 SOPHIA ROAD PRIME COMMERCIAL REDEVELOPMENT SITE View from actual development iff |...H Mount Emily Park Sophia Residences (U/C) Plaza -J. Singapura -9. ra BUKIT TIMAH RD Little India HJg Interchange vvilkie Edge SOPHIA RD SUBJECT^ SITE Peace Ctr Q Pomo uj IRochor (U/C) LASALLE College Of The Arts
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