The Business Times, 5 April 2011
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2011-04-05
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The Business Times
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Title Section23 2011-04-05 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg Sp!l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Tuesday, April 5,201123 words
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505 2011-04-05 1 RONNIE LIM - Malaysian company looks south to plug temporary shortfall By RONNIE LIM [SINGAPORE] Malaysia’s largest electricity group, Tenaga Nasional, has approached Singapore to buy some electricity from power stations here. This is to help Tenaga tide over some capacity shortages “for a few505 words
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1007 2011-04-05 1 LYNN KAN - But with the advantages chalked up so far, it is by no means certain Singapore will lose out if Hong Kong does decide to embrace business trust listings By LYNN KAN [SINGAPORE] As Hong Kong’s telecoms giant PCCW lobbies the Hong Kong Stock1,007 words
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Article145 2011-04-05 1 G ST INDEX 3,140.62 (+20.15) G ST INDEX FUTURES 3,125 (+14) G SIMSCI 373.02 (+2.54) G SIMSCI FUTURES 369.90 (+1.50) FOREX US$ S$ US$ (S$ per US$) 1.260 (US$/S$ per 1.614 2.033 EURO (US$/S$/E) 1.422 1.792 Foreign currency per US$ S$ YEN 84.00 66.70 RM 3.026 2.401 HK$145 words
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Advertisement109 2011-04-05 1 SHIPPING Luxury cruises upbeat despite increased oil cost PAGE OPINION Why the yen repatriation theory is all wrong PAGE 38 Inc The price of social enterprise I PAGE 17 EMERGING ENTERPRISE I PAGE 19 Hopping onto the cloud platform THE HOURGLASS SINGAPORE TAKASHIMAYA S.C. KNIGHTS BRIDGE TANG PLAZA T: 65-6734109 words
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Advertisement9 2011-04-05 1 PROPERTY Industrial prices up 5% in Q1 PAGE 449 words
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Advertisement12 2011-04-05 1 PAP CANDIDATES Ready to make a difference PAGE 13 8 '*****1 *****412 words
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TOP STORIES
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659 2011-04-05 2 ANTHONY ROWLEY - Power cuts during summer may cost Japanese firms 5t yen: Barclays By ANTHONY ROWLEY in Tokyo THE Tokyo Electric Power Company (Tepco), operator of the tsunami-crippled nuclear power plant at Fukushima, plans to release 15,000 tonnes of radioactive water from the659 words
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288 2011-04-05 2 It is in talks to buy a stake in Shriram Transport Finance Co for 25b rupees [MUMBAI] Temasek Holdings is in talks to buy a part of US private equity firm TPG Capital’s holding in Indian commercial vehicle lender Shriram Transport Finance Co (STFC) in288 words
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Article500 2011-04-05 2 HK looms over SGX’s business trust play AS Hong Kong’s telecoms giant PCCW lobbies the Hong Kong Stock Exchange and regulators to allow business trusts listings there, a challenge is being thrown to the Singapore Exchange and its carefully cultivated niche. FRONT PAGE Tenaga keen on juice from500 words
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641 2011-04-05 4 GRACE LEONG - Spa@Sands claims MBS reneged on lease deal as it wanted to ‘keep profits’ after seeing projections By GRACE LEONG [SINGAPORE] Marina Bay Sands is appealing a decision by the High Court registrar allowing new allegations to be made in a lawsuit over an641 words
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Article, Illustration774 2011-04-05 4 They want Gaddafi and sons to leave before any talks AFP Reuters Bloomberg [BENGHAZI] The Libyan rebels’ Transitional National Council yesterday rejected any transition under Muammar Gaddafi’s sons after The New York Times reported that two of them had proposed the idea to endAFP; Reuters; Bloomberg; AP - 774 words
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339 2011-04-05 4 City is trying to snap up top-class staff in the finance sector AFP [HONG KONG] Hong Kong is speeding up approval of work visas for professionals fleeing quake-hit Japan, immigration officials said yesterday, as the city tries to snap up top-classAFP - 339 words
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Advertisement429 2011-04-05 2 KPMG Seminar Series Financial Reporting Standards 2011 Update Date Thursday, 5 May 2011 Time 9.00am to 5.00pm Venue Grand Copthorne Waterfront Singapore Seminar Fees Client/KPMG Alumni S$480.00 per participant Non-client S$550.00 per participant The fee is inclusive of GST at the prevailing rate, seminar materials, lunch and refreshments. For more429 words
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Advertisement253 2011-04-05 2 Online Visitor Pre-registration closes tomorrow! Register your visit at www.cardsasia.com.sg now! 13 15 April 2011 Halls 401 403, Level 4, Suntec Singapore Co-located with: Smart Technologies for Your Business Over 8,000 sqm of exhibition space 200 exhibitors from 20 countries/regions 8,000 trade attendees 8 synergistic co-located trade events More than253 words
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Advertisement155 2011-04-05 3 LETTING PASSION BECOME OBSESSION. WEALTH. WHAT'S IT TO YOU? Allowing a passion to grow into a magnificent obsession is one of life's great pleasures. At Barclays Wealth we provide you with the highest levels of service and expertise, helping you achieve your goals so that you can further enjoy the155 words
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Advertisement168 2011-04-05 4 Cyberspace. Money's ultimate frontier. GO One of Singapore's largest institutional leverage FX FX brokerage is now open to all investors online. Zero commission As low as 1 pip bid/offer spreads Receive live streaming interbank FX prices from the interbank market Microlots of 5,000 units available 24 hours a day access168 words
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Advertisement38 2011-04-05 4 How to get it right the first time March/April issue out now! Available at all petrol stations (except Caltex) and all major bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-383838 words
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COMPANY NEWS
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613 2011-04-05 5 FELDA CHAY - Delisted firm worth more than 4 cents a share, they say, pointing to property By FELDA CHAY A ONE-YEAR wait for an exit offer has brought minority shareholders of delisted multimedia products firm General Magnetics a four-cent per share deal, upsetting investors who613 words
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796 2011-04-05 5 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY FOR most of the decade since the turn of the century, “mar-ket-based regulation” was very much in vogue, the idea being that the market itself was the best entity to perform disciplining functions since it was closest to796 words
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237 2011-04-05 5 KELLY TAY - By KELLY TAY OVERSEAS Union Enterprise Limited (OUE) has priced an inaugural issue of $300 million unsecured fixed rate notes, with an interest rate of 4.3 per cent payable semi-annually in arrear. The three-year notes to be issued are expected to mature on April 15,237 words
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Article, Illustration655 2011-04-05 8 MICHELLE TAN - Analysts prefer blue chips to mid or small caps as fund flows to region gain pace By MICHELLE TAN AFTER their fair share of ups and downs this year, regional markets have regained some of their lustre. The mercurial nature of emerging markets this year,FILE PHOTO - 655 words
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Article348 2011-04-05 8 MINDY TAN - By MINDY TAN BBR Holdings, through wholly owned Singa Development, has secured a $48.3 million contract to construct the second phase of the Yang Kee Chemical Logistics Hub at Jurong Pier Road. The contract, awarded by Yang Kee Holdings, involves designing and building a 10-storey warehouse348 words
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384 2011-04-05 8 JAMIE LEE - It will create more net lettable area and boost income By JAMIE LEE STARHILL Gallery a mall that is part of Starhill Global Reit’s portfolio will undergo a RM25 million (S$10.4 million) makeover that will create about 8,100 square feet in additional384 words
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Article340 2011-04-05 10 FELDA CHAY - Move towards sustainable palm oil production By FELDA CHAY GOLDEN Agri Resources has made further inroads to ensure that its plantation operations have less impact on the environment. Yesterday, the parent of Indonesia’s largest palm plantation firm announced that it has been accepted as340 words
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Article, Illustration161 2011-04-05 10 CITI Singapore and South East Community Development Council (SECDC) have come together to launch an expanded series of financial education programmes to benefit 1,000 low-income families. The Citi-SECDC MoneyWise programmes also hopes to reach out to another 11,000 students and residents through a number of activities from161 words
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COMPANY BRIEFS
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33 2011-04-05 10 BLACKROCK Inc is no longer a substantial shareholder of Prudential, after its holdings in the insurance company fell below 5 per cent, a regulatory filing yesterday showed.33 words
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81 2011-04-05 10 ASIA Pacific Breweries APB) said that GDH Ltd, the controlling shareholder of Kingway Brewery Holdings, has exercised its pre-emption rights to acquire from Heineken-APB (China) (HAPBC) 365.767 million shares in Kingway Brewery. HAPBC is 50 per cent owned by APB. GDH81 words
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44 2011-04-05 10 CONSTRUCTION group Tiong Seng Holdings said the Housing and Development Board (HDB) has awarded a $192 million contract to its subsidiary, Tiong Seng Contractors, for the construction of 1,072 units in Punggol West in the “Waterway Terraces” project.44 words
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95 2011-04-05 10 Reuters NEPTUNE Orient Lines (NOL), the world’s sixth-largest container shipping firm, said on Monday it carried 12 per cent more cargo in the four weeks to March 11 from a year ago, helped by higher traffic on intra-Asia and Asia-Europe routes. NOL carried 212,700Reuters - 95 words
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32 2011-04-05 10 OTTO Marine Ltd has has sold its Norwegian design MT6009 MKII DNV Class Platform Supply Vessel for US$31.5 million (S$39.8 million) to Mermaid Maritime Australia Ltd.32 words
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59 2011-04-05 10 AU Yeung Fai, chief executive officer and executive director of CitySpring Infrastructure Management, which is the trustee manager of CitySpring Infrastructure Trust, has resigned, with effect from June 30, 2011. Chief financial officer Tong Yew Heng will be acting CEO of the trustee manager59 words
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321 2011-04-05 10 FELDA CHAY - Move follows port closure and curfew amid political unrest By FELDA CHAY RUBBER producer GMG Global yesterday said that it has temporarily stopped its operations in Ivory Coast because of the imposition of a countrywide curfew, and the closure of all means of321 words
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Page 5 Advertisements
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Advertisement374 2011-04-05 5 THE SINGAPORE Current Developments, Trends and Opportunities <& The Impact of China on the Shipping Industry Complete Corporate Services Pte Ltd is once again proud to organise The Singapore Shipping Conference 2011, held in conjunction with the Singapore Maritime Week 2011. The Singapore Shipping Conference 2011 aims to provide insights374 words
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Advertisement153 2011-04-05 5 v. UmL*\ Ik s £3 z w 2 m rtrtt > Serviced Offices A cost effective Serviced Office solution Best address, best receptionist, best IT and support Flexible lease terms starting from one month For less than the cost of a secretary We help businesses succeed W servcorp.com.sg Or Google153 words
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Advertisement809 2011-04-05 6 United Overseas Bank Limited And Its Subsidiaries (Incorporated in The Republic of Singapore) Co. Reg. No. *****0026Z FINANCIAL STATEMENTS For ThE FINANCIAL yEAr ENdEd 31 dECEMbEr 2010 IMPorTANT The following financial information contains only a summary of the information in the financial statements of the bank and the Group for809 words
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Advertisement1380 2011-04-05 7 United Overseas Bank Limited And Its Subsidiaries (Incorporated in The Republic of Singapore) Co. Reg. No. *****0026Z INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF UNITED OVERSEAS BANK LIMITED Report on the consolidated financial statements We have audited the accompanying consolidated financial statements of United Overseas Bank Limited (the “Bank”) and1,380 words
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Advertisement2876 2011-04-05 8 ECS ii as m ECS Holdings Limited (Incorporated in the Republic of Singapore) Company Registration No. *****4760R Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of the Company will be held at 19 Kallang Avenue #07-153 Singapore *****0 on Thursday, 21 April 20112,876 words
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Advertisement1799 2011-04-05 9 Far Eastern Bank Limited And Its Subsidiaries (Incorporated in The Republic of Singapore) Co. Reg. No. *****0116D FINANCIAL STATEMENTS For ThE FINANCIAL yEAr ENdEd 31 dECEMbEr 2010 IMPorTANT The following financial information contains only a summary of the information in the financial statements of the bank and the Group for1,799 words
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Advertisement5 2011-04-05 10 LIANHE ZAOBAO A publication of5 words
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Advertisement270 2011-04-05 11 Jfe, PATEK PHILIPPE GENEVE Begin your own tradition. o >-jr Hi c/i X, 1 o 0 1 II era o-,-v; > u u g- hfK N> 33 W o 33 tr o ■"O r>: cr k\ n LO /i -S Q H v> Z o O n "As a family-owned270 words
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SINGAPORE MARKETS
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Article, Illustration632 2011-04-05 12 R SIVANITHY - Although it has risen 7 per cent, the index is still about 50 points down for the year so far STOCKS R SIVANITHY Senior Correspondent TRADERS yesterday bet on Wall Street continuing its run this week, preferring to ignore rising oil prices in632 words
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Article66 2011-04-05 12 Apr 4 VALUE CLOSE BT OB/OS 1021.00 -89.0 BT CADI -*****.00 +138.0 BT 10-day MA -*****.00 +102.0 FTSE ST Mid Cap 777.11 +5.45 FTSE ST Small Cap 557.85 +4.87 FTSE ST All Share 774.87 +5.17 FTSE ST China Top 283.19 +2.43 FTSE ST China 311.14 +1.08 FTSE66 words
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Article186 2011-04-05 12 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 8 3 3 0 0 0 8 3 3 Manufacturing 62 37 69 4 7 11 66 44 80 Commerce 25 17 22 6 3 1 31 20 23 Tpt/Stor/Comms 19 11 13186 words
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BROKERS’ TAKE
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Article, Illustration243 2011-04-05 12 April 4 close: $1.78 DBS VICKERS SECURITIES, April 4 SITE visit to Guangzhou, Changsha, Wuhan and Shanghai: CMA currently has seven developments in Shanghai, one each in Foshan, Changsha and Wuhan. We visited the completed Guicheng and Yuhuating malls in Foshan and Changsha, which have been inSource: Bloomberg - 243 words
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Article, Illustration477 2011-04-05 12 JAMIE LEE - April 4 close: $2.46 OCBC INVESTMENT RESEARCH, April 4 Compiled by JAMIE LEE $21.7 million for more wireless spectrum: M1 Ltd has paid $21.7 million to secure a lot of the 1800 MHz spectrum which can be used for 2G, 3G or other technologies. According to The StraitsSource: Bloomberg - 477 words
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Article123 2011-04-05 12 Ebit earnings before interest and tax Ebitda earnings before interest, tax, depreciation and amortisation EPS earnings per share FY fiscal/financial year H1, H2 first or second half m-o-m month on month NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,123 words
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Article123 2011-04-05 12 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 31,946 31,946 117,307 117,307 Manufacturing 289,095 17,492 306,587 243,480 752 244,232 Commerce 90,770 5,813 96,583 119,656 1,317 120,973 Tpt/Stor/Comms 187,754 8,809 196,563 295,556 2,001 297,557 Finance 28,809 90 28,899 250,482 11 250,493 Construction 33,861 1,897123 words
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Article113 2011-04-05 12 Stock name Close Change CapMallsAsia 1.780 +0.020 CapitaLand 3.370 +0.030 CapitaMall 1.900 +0.010 CityDev 11.740 +0.160 ComfortDelGro 1.560 -0.010 DBS Grp 14.700 -0.020 F&N 6.080 +0.020 GLP 1.980 +0.060 Genting SP 2.090 +0.030 Golden Agri 0.715 +0.010 HK Land 7.020 +0.020 JMH 44.520 +0.700 JSH 26.640113 words
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Article, Illustration557 2011-04-05 12 CURRENCIES Reuters [NEW YORK] The euro fell from 11-month highs against the yen yesterday and a five-month peak against the dollar, with expectations of an increase in eurozone interest rates already priced in by investors. The European Central Bank atReuters; REUTERS - 557 words
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Article60 2011-04-05 12 VOLUME Dyna-Mac 127,253,000 Genting SP 71,831,000 Golden Agri 58,105,000 HPH Trust US$ 43,141,000 XinRen 36,615,000 GLP 31,238,000 GMG Global 29,770,000 Cosco Corp 29,454,000 Noble Grp 29,382,000 NOL 25,818,000 VALUE($) Genting SP 149,700,135 DBS Grp 91,848,910 Keppel Corp 82,446,000 UOB 81,674,360 Dyna-Mac 76,409,720 Noble Grp 65,080,760 Cosco Corp60 words
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Article108 2011-04-05 12 BY CENTS CLOSE UP DBXT Nifty 10US$ ***** 303.7 1.8 DBXT STGLDv100 10US$ 2937 146.2 4.1 DBXT E50 10US$ 4601 92.0 1.6 JMH 4452 88.2 1.6 DBXT FTChina25 10US$ 3321 76.9 1.9 Lyxor EasternEurope1 634 73.1 10.1 DBXT MSEurope 10US$ 4875 52.9 0.9 DairyFarm 894 50.4 4.7 DBXT MSKorea108 words
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Article126 2011-04-05 12 BY CENTS CLOSE DOWN DBXT AUD Bonds 5AU$ *****-119.1 -0.6 DBXT MSJAP 10US$ 3771 -36.5 -0.8 OCBC Bk 5.1%NCPS 100 ***** -20.0 -0.2 GLD 10US$ ***** -16.4 -0.1 SIA 200 1360 -14.0 -1.0 DBXT S&P Short 10US$ 4216 -12.6 -0.2 SIA 1364 -12.0 -0.9 DBS Bk 4.7% NCPS 100126 words
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SINGAPORE NEWS
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Article, Illustration888 2011-04-05 13 CHUANG PECK MING - They’re also diverse, says DPM Wong as he unveils three new faces for GE By CHUANG PECK MING BUSINESS start-ups and small businesses can get a sympathetic ear from Low Yen Ling if she’s elected in the coming general elections. One of three new faces888 words
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325 2011-04-05 13 WINSTON CHAI - Programme to offer financing, office space to start-ups By WINSTON CHAI SINGAPORE Telecommunications (SingTel) has joined hands with the Media Development Authority (MDA) and the incubator arm of the National University of Singapore in the search for the Republic’s next digital media sensation.325 words
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Article, Illustration564 2011-04-05 14 LEE U-WEN - It would study the ‘Singapore story’ and explore how to implement parts of it in other countries By LEE U-WEN THE United Nations Development Programme (UNDP) the global development arm of the United Nations is in talks to set564 words
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SINGAPORE ROUNDUP
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57 2011-04-05 14 THE Ministry of Education will be providing up to $1 million to the Tamil Language Learning Promotion Committee over the next five years, to support the committee’s efforts in promoting the learning and use of the Tamil language, announced S Iswaran, Senior Minister of57 words
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51 2011-04-05 14 SINGAPORE will confer the Honorary Citizen Award on Edward Holmes, deputy chairman of A*Star’s Translational and Clinical Science Group and executive chairman of the National Medical Research Council, for his contributions to the country. Prof Holmes is a major thought leader in translational research and academic51 words
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641 2011-04-05 14 TEH HOOI LING - Forum on ageing Asia also highlights business trends By TEH HOOI LING THE spending power of seniors, defined as those 60 years and above, in the Asia-Pacific will reach US$1.9 trillion by 2015, a three-day forum on ageing Asia was told yesterday. There641 words
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317 2011-04-05 15 LINETTE LIM - Employees still go for MNCs; but hiring advantage halved in just 2 years: CEB By LINETTE LIM WESTERN multinational companies are losing their advantage as being employers of choice for Chinese talent, according to a survey by HR consultancy Corporate Executive Board (CEB). The317 words
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322 2011-04-05 15 THE Workforce Development Agency (WDA) will be partnering Australia-based William Angliss Institute (WAI) to set up the first integrated continuing education and training (CET) centre for the tourism industry. WAI, which was established in 1940, will be injecting $3 million into322 words
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377 2011-04-05 15 Tenders for the two small sites close on May 11 and April 28 TWO small residential sites, one each on Haig Road and Lim Tua Tow Road, have been put up for sale by tender. Haig Mansions, a 16-unit apartment development on Haig Road,377 words
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272 2011-04-05 15 LYNETTE KHOO - By LYNETTE KHOO BUSINESS China is calling for nominations for the Business China Awards, which is in the second year running. These awards seek to honour those who have helped to enhance Singapore-China bilateral relations and strengthen bilingualism and biculturalism in Singapore. Nominations are272 words
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Page 13 Advertisements
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Advertisement228 2011-04-05 13 A member of L® Academy For people who love a challenge. At PSB Academy, we work our students hard. When our graduates head out into the world, they're armed with more than just a piece of paper. They have real skills, for real life. Take our Business courses for example.228 words
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Advertisement295 2011-04-05 13 LOOKING FOR SERIOUS INVESTORS A trading company is looking for serious investors to invest in our current project. We provide High return (ROI) on the Capital Guarantee investment amount Low Tenure For private and confidential discussion, kindly contact 8195 5972 Alliance Ashpact Pte Ltd PT BERLIAN LAJU TANKER Tbk Having295 words
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Advertisement3540 2011-04-05 14 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. /r/nf iVijL' Notice of Annual General Meeting Malaysia Smelting Corporation Berhad (*****-A) NOTICE IS HEREBY GIVEN that the Thirty Second Annual General Meeting of members of Malaysia Smelting Corporation Berhad will be held at Ballroom 1 (Level 1) of the Intercontinental Hotel (Formerly3,540 words
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Page 15 Advertisements
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Advertisement1530 2011-04-05 15 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. KS ENERGY SERVICES LIMITED (Incorporated in the Republic of Singapore with limited liability) (Company Registration No: *****0104G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of KS ENERGY SERVICES LIMITED ("the Company") will be held at 191,530 words
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Advertisement1259 2011-04-05 15 PHARMESIS INTERNATIONAL LTD. (Incorporated in the Republic of Singapore) (Company Registration Number *****9641E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 7th Annual General Meeting of Pharmesis International Ltd. (“the Company”) will be held at No. 5 Kallang Sector, #03-02, Singapore *****9 on Wednesday, 20 April 20111,259 words
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Page 16 Advertisements
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Advertisement2809 2011-04-05 16 VALLIANZ HOLDINGS LIMITED (Company Registration No. *****6945E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 12 International Business Park, #03-02 Cyberhub@IBP, Singapore *****0 on Wednesday, 20thday of April 2011 at 10.002,809 words
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Advertisement2888 2011-04-05 16 [SATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg FORELAND FABRICTECH HOLDINGS LIMITED (Company Registration No. *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at King’s Room, Lobby, Level 1, Copthorne King’s Hotel, 403 Havelock Road,2,888 words
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SME Inc
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Article, Illustration1082 2011-04-05 17 IDAYU SUPARTO - NTUC LearningHub is in the business of providing training programmes for workers but despite being a social enterprise, its chief tells IDAYU SUPARTO that it has had to make some risky moves in order to thrive IDAYU SUPARTO MAKING bad decisions in times of crisisYEN MENG JIIN - 1,082 words
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Article, Illustration1037 2011-04-05 18 KELLY TAY - At Hydro Style, customers are able to see, touch, and test the products they are buying, reports KELLY TAY reports KELLY TAY NOT so long ago, European kitchen and bathroom fittings were confined to the likes of five-star hotels and luxury service apartments. “But with1,037 words
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Article477 2011-04-05 18 TEH HOOI LING - By TEH HOOI LING THE funds appear to be flowing back to Asia. Yesterday, Singapore shares gained for a fourth straight session. Sentiment was helped by the better-than-expected US non-farm payrolls data released last Friday. Singapore’s blue-chip Straits Times Index rose 20.15 points to 3,140.62. Compared477 words
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Article, Illustration1096 2011-04-05 20 JASLENE PANG - The one-stop cleaning solution provider set its sights on the F&B industry several years ago and is now looking to expand its presence overseas, reports JASLENE PANG reports JASLENE PANG THOSE in the food and beverages (F&B) industry might no longer need to be bothered with theYEN MENG JIIN - 1,096 words
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Article, Illustration644 2011-04-05 20 SHEERE NG - By SHEERE NG IT used to be a pricey indulgence available only to the wealthy. But nowadays, a trip to the spa is increasingly becoming a must-do for stressed-out urbanites. Over the last 20 years, the spa industry has been growing alongside Singapore’s accelerating paceYEN MENG JIIN - 644 words
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1069 2011-04-05 20 ASK NUS PROFS Q: I have a small concept F&B in Singapore, however I find it hard to attract locals to work in F&B business. How else can I make it more attractive to lure locals to come and work for my café? I1,069 words
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Page 17 Advertisements
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Advertisement92 2011-04-05 17 SARASIN From Every Angle we Offer a Distinct Perspective on Wealth. We've spent some 170 years crafting distinctive private banking solutions. Bank Sarasin cherishes a balanced and sustainable approach not only in terms of growth, resources and investing, but to expertise that has been trusted for generations. Bank Sarasin offers92 words
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Advertisement6 2011-04-05 17 SME MAGAZINE Future of spas PG6 words
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Advertisement301 2011-04-05 18 4%!$/$**727*)(02/5.71*.-0’))!$"71&+ %!$0/)727*)$8/$()*7))0(!.1#$+ %!$5$.&$,.&6’*))!$*.75*+3 John Maxwell June 26 July 1, 2011 Led by faculty members from top international business schools ("6# ’B J&C97 <% &.;&9"&L>& "L =&2&N<;"L$ >C;6C"L7 <% "L=4769JF 6#"7 ’?76 CLL4CN ;9<$9CMM& 0"NN &M;<0&9 J<4 0"6# %9&7# "L7"$#67F =JLCM"7M CL= %<90C9=EN<<!"L$ 0CJ7 6< @9"L$ J<49 @47"L&77 6< $9&C6&9 74>>&77D301 words
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EMERGING ENTERPRISE
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Article, Illustration967 2011-04-05 19 Online technology services, such as Software-as-a-Service, are helping aspiring SMEs to enter the big leagues THE right technology is important for any business to leapfrog its competition and boost productivity and innovation. However, small and medium enterprises (SMEs) have traditionally been limited in their ability967 words
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Page 19 Advertisements
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Advertisement90 2011-04-05 19 Emerge as this year's top business player The Emerging Enterprise Award returns to recognise Singapore's most enterprising SMEs. Once again, three SMEs will each receive S$390,000 in prizes comprising an interest-free* loan, professional services, training programmes and support in capability development. The two winners of the Best Innovation Award" will90 words
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Advertisement172 2011-04-05 19 f w m ,y m .1* 107 i- 1 168 I' 08 CI-v. i- I f —i"i™ m I —•—-.sJ- L I \~'-f» —•-—i»__ (l 'i_L L D2 11 J 0 L I |l19 |t3ol |,1,l-j mm i—•—•- r v i i u 1.3n. i f •>. t* u, a172 words
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ECONOMY WATCH
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Article, Illustration546 2011-04-05 21 Reuters [SYDNEY] A private gauge of Australian consumer prices out yesterday suggested that underlying inflation had slowed to a dec-ade-low last quarter even as food and fuel prices spiked, likely lessening the risk of a rate hike for months to come. The subduedReuters; BLOOMBERG - 546 words
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357 2011-04-05 21 Young people, single mothers are biggest and costliest groups AFP Reuters [SYDNEY] Australia is losing almost A$600 million (S$784.7 million) a year to social security fraud and crooked public servants, a report showed yesterday. More than 800,000 incidents of fraud wereAFP; Reuters - 357 words
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544 2011-04-05 21 Tankan report reflects blow to business from quake and nuclear fallout Bloomberg [TOKYO] Japan’s large manufacturers expect business confidence to slump in coming months after the nation’s strongest earthquake on record devastated the north-east region on March 11. The quarterly outlook index ofBloomberg - 544 words
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Page 21 Advertisements
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Advertisement33 2011-04-05 21 For us, private banking means having the ambition to exceed expectations. Also yours: +65 6532 5325 orwww.claridenleu.com Clariden Leu Ltd., Singapore Branch, Singapore Clariden Leu SWISS PRIVATE BANKING SINCE 1755 Registration No. T05FC6718B-PTE-0133 words
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MALAYSIA
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Article, Illustration559 2011-04-05 22 PAULINE NG - Pass holders can stay in the country for 5-10 years with an option to renew By PAULINE NG in Kuala Lumpur WIVES of skilled foreign professionals in Malaysia will be allowed employment under a new residence pass initiative to attract talentTHE STAR - 559 words
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451 2011-04-05 22 Move to simplify fragmented pricing structure in Asia Reuters [SINGAPORE] Malaysia’s national oil company Petronas will switch to dated Brent as the basis for pricing its crude after falling output and volatility made the previous benchmark it had put in placeReuters - 451 words
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Page 22 Advertisements
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Advertisement3517 2011-04-05 22 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF YISHUN RESIDENCY PTE LTD (Co. Reg. No. *****6466N) NOTICE OF RESOLUTION FOR MEMBERS’ VOLUNTARY WINDING-UP (Pursuant to Section 290) At the Extraordinary General Meeting of the members of the3,517 words
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INDIA
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Article, Illustration413 2011-04-05 23 Testimony follows first indictments in telecoms graft case 2 days earlier Reuters [NEW DELHI] Indian tycoon Ratan Tata appeared yesterday before a parliamentary panel probing a multi-billion dollar telecoms graft scandal that has badly dented the government’s credibility and alarmed investors in Asia’s third-largestReuters - 413 words
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298 2011-04-05 23 Election is first big test of ruling Congress party since recent corruption scandals Reuters [GUWAHATI] Tens of thousands of Indians in the insurgency-racked state of Assam queued up yesterday to cast their votes in a local election, the first big test ofReuters - 298 words
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Advertisement66 2011-04-05 23 WORK RELAX HUB SUITES MORE THAN AN OFFICE REFRESH Need an office that gives you more? •Flexi rental •Furnished office «WIFI Internet Access Parking available Lounge area J, Spacious Pantry 24/7 air conditioning El i a& I Gym Facilities Shower rooms moreFind out more at Hub Suites, 70 Anson Road,66 words
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Advertisement97 2011-04-05 23 Trade beyond borders That’s what participants in international commerce can do when they’re smart about managing risk.And smart managers work with CME Group, the world’s leading derivatives marketplace. Companies doing business around the world come to us to manage virtually every kind of risk. Changing currency valuations, energy costs, interestratefluctuations,commodityshifts–whateverthe97 words
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GREATER CHINA
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451 2011-04-05 24 Equinox’s Australian shares surge more than a quarter on news of acquisition Reuters [MELBOURNE] Minmetals Resources, China’s biggest metals trading firm, yesterday offered US$6.5 billion to buy Equinox Minerals, chasing the target company’s copper assets in Zambia and Saudi Arabia. Equinox’s Australian sharesReuters - 451 words
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Article, Illustration422 2011-04-05 24 Bloomberg [HONG KONG] A painting by Zhang Xiaogang set an auction record for a work by a contemporary Chinese artist on Sunday as Asian buyers competed at a HK$427.2 million (S$69.2 million) sale by Sotheby’s in Hong Kong. Zhang’s triptych “Forever Lasting Love”Bloomberg; AP - 422 words
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Page 24 Advertisements
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Advertisement2703 2011-04-05 24 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg YH1 YONGNAM YONGNAM HOLDINGS LIMITED Company Registration No.: *****7612N (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Yongnam Holdings Limited (the "Company") will be held at 51 Tuas South Street2,703 words
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WORLD
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Article, Illustration670 2011-04-05 25 ECB, BOJ and BOE will probably reach three different decisions this week Reuters [WASHINGTON] The world’s major central banks are about to break ranks. Since the financial crisis entered its worst phase in late 2008, monetary policy has moved in the same directionReuters - 670 words
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262 2011-04-05 25 Bloomberg [SYDNEY] Woolworths Ltd nominated Grant O’Brien to take over as head of Australia’s biggest retailer on Oct 1, following the retirement of chief executive officer Michael Luscombe. Mr O’Brien, chief operating officer for the company’s Australian food and gasoline businesses, becomesBloomberg - 262 words
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663 2011-04-05 25 Country’s power mix structure means it’s likely to rely mainly on coal Reuters [LONDON] Germany’s nuclear policy U-turn leaves it little choice other than to rely more heavily on coal power, and that could boost its annual carbon emissions by as much as 10 perReuters - 663 words
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Article, Illustration741 2011-04-05 26 He urges supporters to mobilise again to protect the change he has made AP [WASHINGTON] US President Barack Obama formally launched his re-election campaign yesterday, urging supporters to mobilise again to protect the change he’s brought over the past two years. Between now and the NovemberAP; AFP - 741 words
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477 2011-04-05 26 The US$140m deal will nearly double production capacity Reuters [TEL AVIV] Israeli chipmaker TowerJazz has signed a non-binding agreement to buy a Micron Technology plant in Japan for US$140 million in a deal that would nearly double production capacity. The plant, at NishiwakiReuters - 477 words
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362 2011-04-05 26 Reuters [LONDON] A nascent recovery in global dealmaking, focused on safer deals with clear strategic logic, probably marks the start of several years of rising mergers and acquisitions, senior bankers told the Reuters Global M&A Summit. Still, while company earnings andReuters - 362 words
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Article, Illustration630 2011-04-05 26 Obstacles: Too few titles in electronic format and too few e-reading devices IHT [PARIS] When Bertelsmann, the German media giant, boasted of a financial resurgence last week, one of the strongest growth stories came from one of its most traditional businesses:IHT; BLOOMBERG - 630 words
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Article, Illustration719 2011-04-05 28 S&P 500 earnings set to surpass 2007 peak of US$90 a share in Q3 Bloomberg [NEW YORK] The biggest increase in profits in more than a century is telling investors that this is no time to sell stocks, even after the Standard Poor’sBloomberg; BLOOMBERG - 719 words
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Article273 2011-04-05 28 Bloomberg [PARIS] Sanofi-Aventis, France’s biggest drugmaker, won control of Genzyme Corp in an acquisition worth at least US$20.1 billion. Genzyme holders tendered 224.5 million shares, or 84.6 per cent of the outstanding stock in Sanofi’s takeover offer as of April 1, the company saidBloomberg - 273 words
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Article, Illustration685 2011-04-05 29 Price will be 7.95b euros; deal likely to be completed by end of June Bloomberg [PARIS] Vivendi SA agreed to buy Vodafone Group plc’s 44 per cent stake in French mobile-phone operator SFR for 7.95 billion euros (S$14.2 billion) to win full controlBloomberg; BLOOMBERG - 685 words
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399 2011-04-05 29 These genes raise risks for the illness by up to 15% Bloomberg [MINNEAPOLIS] Five new genes have been definitively linked to Alzheimer’s disease, doubling the total confirmed by scientists and opening new areas for research into an illness that affects 35 millionBloomberg - 399 words
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236 2011-04-05 29 Profitability in UK banking sector increasing: survey Reuters [LONDON] Britain’s financial services sector had a growth in business volumes during the first quarter of 2011, the Confederation of British Industry (CBI) said in a survey conducted with PriceWaterhouseCoopers yesterday. The survey added thatReuters - 236 words
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Article, Illustration779 2011-04-05 30 Public sector banks are alarmed that the new standard may require them to exclude much of the borrowed capital they use IHT [FRANKFURT] A review of European banks could become a day of reckoning for some troubled German institutions, amid signs that theIHT; BLOOMBERG - 779 words
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Article, Illustration846 2011-04-05 31 About 960 equities traders including 120 market makers worked on the NYSE floor in January, down from about 1,200 two years earlier Bloomberg [NEW YORK] After four decades promoting the advantages of an all-electronic stock market, Nasdaq OMX Group Inc may end upBloomberg; AFP - 846 words
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715 2011-04-05 32 Spain now faces a period of political uncertainty that may disrupt measures crucial to its fiscal survival Bloomberg [MADRID] Spain’s efforts to reduce its budget deficit and rebuild investor confidence may suffer a setback as Prime Minister Jose Luis Rodriguez Zapatero bows out ofBloomberg - 715 words
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Page 25 Advertisements
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Advertisement175 2011-04-05 25 Investment^Trends MARKETS get thinking FX/CFD trading Cell, cell, cell. .■ril IG Markets Deal Ticket Balance: SO 7,883.82 Running P&L: SD 894.52 Deposit: SD 2,557.28 Available: SD5,***** |> Spot FX EUR/USD o Hit: USD P pips away Limit Mm: 10 pips Guaranteed Force Open Place Deal React instantly with our new175 words
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Page 26 Advertisements
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Advertisement1351 2011-04-05 26 OUHUA ENERGY HOLDINGS LIMITED (Company Registration No. *****) (Incorporated in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of OUHUA ENERGY HOLDINGS LIMITED will be held at Lotus Room, Peninsula Excelsior Hotel, 5 Coleman Street Singapore *****5 on Friday, 29 April 2011 at1,351 words
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Page 27 Advertisements
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Advertisement93 2011-04-05 27 Sterling partnership, winning venture Keppel Singmarine has delivered Straits Venture, a transshipment barge, to Straits Corporation on time, within budget and safely. Capable of loading 30,000 tonnes of coal per day, this barge is able to operate in open sea and difficult transshipment conditions. It also has the flexibility to93 words
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Page 28 Advertisements
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Advertisement3052 2011-04-05 28 :*ATci NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg CSE GLOBAL LIMITED (Company Registration No. *****3851D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CSE Global Limited (“the Company”) will be held at The College Room, The National University3,052 words
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Advertisement48 2011-04-05 28 SINGAPORE'S PREMIER HOME-GROWN CAR MAGAZINE VEHICLE EMISSIONS IN SINGAPORE SfMOIRM&JO*-' -j SB3 V'v CROUP TEST I RENAULT MECANECC CHEVROLET SPARK BMW M3 SALOON RANGE ROVER VOGUE fORO MONDCO EC*****T MERC E350 CDI VWTOUAREG LEXUS RX350 MERCEDES-BENZ ML350 F AGAINST GTI OUT NOW! Join us on www.facebook.com/torque.singapore WWW.TORQUE.COM.SG sPHmagazmes48 words
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Page 29 Advertisements
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Advertisement142 2011-04-05 29 IPO PERIOD •GlobalFirstStateGlobal Agribusiness 4 April 2011 29 April2011Agribusiness Invest in assets that sustain the world. First State Global Agribusiness. With the world’s population set to grow by 40% in 2050, large-scale commercial farming, processing, supply and support will play a major role in feeding an estimated 9 billion people.142 words
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Page 30 Advertisements
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Advertisement3559 2011-04-05 30 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg FOOD JUNCTION HOLDINGS LIMITED (Company Registration No. *****3470N) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Food Junction Holdings Limited (“the Company”) will be held at Capricorn Room, Level 1,3,559 words
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Page 31 Advertisements
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Advertisement3369 2011-04-05 31 BEATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com. SBI OFFSHORE LIMITED (Company Registration No.: *****7121D) (Incorporated in the Republic of Singapore on 1 October 1994) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting (“AGM”) of SBI Offshore Limited (the “Company”) will be held at 313,369 words
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Page 32 Advertisements
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Advertisement1462 2011-04-05 32 MATS L IT FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg TREK 2000 INTERNATIONAL LTD (Incorporated in Singapore) (Company Reg. No. *****5744N) NOTICE OF TWELFTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of Trek 2000 International Ltd (the “Company”) will be held at 301,462 words
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Advertisement1408 2011-04-05 32 TREK 2000 INTERNATIONAL LTD (Incorporated in Singapore) (Company Reg. No. *****5744N) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Extraordinary General Meeting of Trek 2000 International Ltd (Company) will be held at 30 Loyang Way #0713/14/15, Loyang Industrial Estate on 21 April 2011 at 10.15 a.m. (or1,408 words
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Page 33 Advertisements
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Advertisement1982 2011-04-05 33 MATS NOTICES w UNI-ASIA FINANCE CORPORATION Registration No. CR-***** Incorporated in the Cayman Islands with limited liability on 17 March 1997 lllllH NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Uni-Asia Finance Corporation (the "Company") will be held at Anson III, Level 2,1,982 words
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Advertisement3365 2011-04-05 33 Jnd Aqri INDOFOOD AGRI RESOURCES LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****6551G) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Swissotel Merchant Court Singapore, Merchant Court Ballroom, Section A, 20 Merchant Road, Singapore3,365 words
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Page 34 Advertisements
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Advertisement5263 2011-04-05 34 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg SUPERBOWL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****3139W) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of SuperBowl Holdings Limited will be held at SAFRA5,263 words
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AVIATION
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Article, Illustration696 2011-04-05 35 They’re similar to those suspected of causing forced landing in Arizona AP [YUMA] Inspectors have found small, subsurface cracks in three more Southwest Airlines planes that are similar to those suspected of causing a jetliner to lose pressure and make a harrowing emergencyAP - 696 words
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Article3171 2011-04-05 35 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ455 1300 KU6458 1415 --SQ458 1415 Adelaide LH9771 1745 LH9770 2350 SQ278 1745 SQ279 2350 VS7278 1745 VS7279 2350 9W4081 1820 AF8087 1820 AY5012 1820 BA7381 1820 JL7892 1820 MU8440 1820 QF81 1820 Ahmedabad NH6292 1855 SQ530 1855 Amsterdam3,171 words
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530 2011-04-05 35 Find may help show cause of ‘09 disaster that killed 228 Bloomberg AP [TORONTO] Wreckage and bodies from the 2009 Air France crash were located in the Atlantic Ocean, stoking optimism that investigators may be able to determine the cause of the disasterBloomberg; AP - 530 words
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280 2011-04-05 35 AFP [SYDNEY] Australian carrier Qantas has decided to offload its ageing Boeing 737-400 planes, but the airline insisted yesterday it was part of an overall fleet modernisation and not a “garage sale”. News that 21 of its Boeing 737-400s would be on theAFP - 280 words
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Page 35 Miscellaneous
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Miscellaneous331 2011-04-05 35 CRYPTIC CROSSWORD Across 1 What flypaper might do for its potential victim (5,6) 10 Curtains might be creased (5) 11 Company share issue may be not a lot if worked out (9) 12 Italian family sourcing nuts and leaves of health-giving properties (9) 13 Ignore! That’s a smart girl (5)331 words
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3185 2011-04-05 36 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 Destination3,185 words
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Page 36 Advertisements
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Advertisement61 2011-04-05 36 Legal services required I by shippers owners I Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 THE BUSINESS TIMES SHIPPING TIMES Shippers looking for Warehouse Can they find your services here in the Shipping Times? TO ADVERTISE,61 words
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SHIPPING
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621 2011-04-05 37 JERMAINE NG - Luxury lines have so far absorbed costs, but may start fuel surcharge: Silversea By JERMAINE NG [SINGAPORE] Crude oil prices may be rising, but that is not softening demand for luxury cruises in the Asia-Pacific, says Kenneth Watson, chief operating officer of Silversea621 words
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507 2011-04-05 37 Bloomberg [TOKYO] Chinese buyers stopped new orders of scrap steel from Japan and blocked some existing cargoes because of concern over radiation from a crippled nuclear plant, researcher Umetal.com said. China, the second-biggest buyer of scrap metal from Japan, “stopped taking new ordersBloomberg - 507 words
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Article, Illustration607 2011-04-05 37 Clarkson suggests additional fee of 2.5 Worldscale points Bloomberg [LONDON] Some oiltanker owners are seeking additional fees for carrying cargoes to Japan, the world’s third-largest crude consumer, according to Stena Bulk AB, which operates a fleet of more than 80 vessels. The world’s biggestBloomberg; REUTERS - 607 words
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Article278 2011-04-05 37 SGX '000 Apr 4 S$ +/-Vol CH Offshore 0.46 0.01 520 Chuan Hup Hldg unch unch 0 Cosco Corp 2.17 0.09 ***** CWT Ltd 1.31 0.06 5495 Ezra Hldgs 1.80 unch 4422 First Ship Lea 0.41 unch 755 Freight Links 0.07 unch 1830 Grand Banks unch unch 0278 words
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Page 37 Advertisements
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Advertisement21 2011-04-05 37 FREIGHT »5 FORWARDER bntaft. urgently needed by shippers Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132721 words
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Advertisement15 2011-04-05 37 Experienced shfp maintenance services wanted. Can they find your services here in the Shipping Times?15 words
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EDITORIAL & OPINION
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Article, Illustration962 2011-04-05 38 TAISUKE TANAKA - Investors and insurance firms don’t need to bring back assets in the wake of the quake By TAISUKE TANAKA The writer is chief foreign exchange strategist and head of foreign exchange research, Japan, for Nomura Securities FOLLOWING the devastating Tohoku earthquake on MarchREUTERS - 962 words
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Article, Illustration780 2011-04-05 38 LEON HADAR - THE BOTTOM LINE LEON HADAR Washington Correspondent US PRESIDENT Barack Obama’s response to Libya’s civil strife has been hailed as a masterpiece of pragmatism, based on lucid cost-benefit analysis of American interests and values and the resources available to advance them.780 words
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Article472 2011-04-05 38 EDITORIAL INDIA’S stirring World Cup cricket victory last weekend wasn’t the first time a sporting event had made a nation proud. Last year, Spain’s footballing magicians thrilled their country, and the world, by winning the soccer World Cup. Last year, too, tiny Singapore upset mighty472 words
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Article, Illustration1569 2011-04-05 39 RAGHURAM G RAJAN - A shift in global growth to emerging markets requires several changes in the financial infrastructure Reports by RAGHURAM G RAJAN The writer is professor of finance at the Booth School of Business at the University of Chicago and the author of ‘Fault Lines: HowREUTERS - 1,569 words
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Article, Illustration591 2011-04-05 39 GOVERNMENTS know what they need to do. Change, however, will not be easy because it involves short-term pain that is likely to be politically difficult. So what role should multilateral bodies, such as the G-20 and the IMF, play in all this? Thus far, they haveREUTERS - 591 words
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207 2011-04-05 39 Tan Kok Tim - LETTER TO THE EDITOR Tan Kok Tim I REFER to the report, “PAP looks at just two terms for ministers” (BT, April 4). Since we already have the posts of minister mentor (MM) and senior minister (SM) in the Prime Minister’s Office, I would like207 words
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SINGAPORE STOCKS
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Article8450 2011-04-05 40 Transaction date: Apr 4 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 16.5 17.5 7.8 3.6 3.6 81.4 12 4.5 A-Sonic 7 unch 335 7.5 7 7 7.58,450 words
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Article1566 2011-04-05 41 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 169 160 169 100.3 1.5 0.5 t Advanced System 0.51,566 words
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Article9666 2011-04-05 41 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.37/ APS Alpha Fund (USD)!** 1.08/ 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 WM9,666 words
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Article247 2011-04-05 41 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 38 AVJennings A52.5xd unch 23 52.5 52.5 52.5 54 3.6 6.7 4.2 136.7 55 16 Genting HK US$ US41.5 -0.5 8438 42 41.5 41.5 42 2732.6247 words
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Article839 2011-04-05 41 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 112 -0.5 1 112 112 110 112 511.3 1070 761 CIMBAsean40 100US$ US1060cd +6 16 1067 1060 1058 1067 42.4839 words
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FINANCE & COMMODITIES
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374 2011-04-05 42 In local curr In S$ In US$ dy yr dy yr dy yr Apr 1 Index Change Change Change Change Change Change World Index Preliminary 933.2 0.9 4.0 0.8 3.4 0.7 5.0 EAFE Preliminary 810.9 0.9 1.2 0.5 1.6 0.4 3.1 Europe Preliminary 1205.1 1.5374 words
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Article178 2011-04-05 42 Apr 4 Apr $S Offer Bid 0vernight 0.01 par 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.08 US$ Offer Bid 7 days 0.28 0.18 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 0.60178 words
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Article24 2011-04-05 42 Apr 4 S$ Bid Offer 1-month 1.2599 1.2603 2-months 1.2599 1.2602 3-months 1.2598 1.2602 6-months 1.2594 1.2598 Source: OCBC Source: OCBC24 words
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Article137 2011-04-05 42 Apr 4 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) May 11 590.0 560.0 593.3 15 Jun 11 580.0 Jul 11 576.7 Aug 11 568.3 Sep 11 566.7 Oct 11 566.7 Nov 11 556.7 Dec 11 556.7 Jan 12137 words
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Article91 2011-04-05 42 Apr 4 Apr TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****H 07.07.2011 0.27 0.27 0.26 1-Year BY*****N 01.11.2011 0.34 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year N*****0V 1.625 01.04.2013 102.32 102.35 102.33 5-Year N*****0W 1.125 01.04.201691 words
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Article109 2011-04-05 42 Apr 1 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 11 1393.75 1410.50 1416.50 1386.50 Jul 11 1404.25 1421.00 1427.00 1396.50 Aug 11 1404.50 1419.25 1420.50 1396.75 Sep 11 1397.00 1406.25 1409.25 1387.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low May 11 58.68109 words
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Article77 2011-04-05 42 CRUDE OIL PRODUCTS Apr 1 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 118.52 1.56 WTI (Near Mth) 108.09 1.36 Dubai (1-Mth F) 110.64 0.82 Tapis blend 124.25 1.00 Minas 120.65 1.00 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 109.06 0.28 Jet Kerosene 134.90 1.65 US$/barrel Opec Oil77 words
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1884 2011-04-05 42 BONDS, WARRANTS EXTENDED SETTLEMENT Company Last Sale *orVol (000) Conv Ratio Exer Price Prem Disc Expiry Gear- Mths ing Left AFP Properties EW1S111B 23.5 15 844 1 10 -12 1.62 SS As»a-Pacific Strategic W14Q516 24,5 25 3 1 150 3 6.90 37 AS J Hldys W1i?02?l. ......1,5 OS 380 11,884 words
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Article121 2011-04-05 42 Apr 04 As at 9am Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.355 1.279 Can dollar 1.333 1.282 Euro 1.83 1.76 Sterling pound 2.071 1.992 NZ dollar 0.997 0.95 US dollar 1.279 1.23 Local dollars to 100 units of foreign121 words
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Article29 2011-04-05 42 Apr 4 Apr Open High Sett STI Apr 3059 3128 3125 SIMSCI Apr 368.4 371.5 369.9 Taiwan Apr 308.5 311.1 Source: MF Global (S) Pte. Ltd29 words
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Article65 2011-04-05 42 Apr 4 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Apr 11 3415 3425 3425 3415 101 1735 May 11 3367 3395 3404 3362 1817 ***** Jun 11 3360 3382 3392 3343 9008 ***** Jul 11 3342 337465 words
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Article451 2011-04-05 42 Apr 4 Apr OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun11 99.6700 0 2091 Sep11 99.5550 0 4375 Dec11 99.3950 0 3023 Mar12 99.1250 0 771 EUROYEN TIBOR FUTURES Jun11 99.6700 99.6700 99.6700 99.6700 0 3257 Sep11 99.6675 199 1221 Dec11 99.6600 279 2016 Mar12 99.6450451 words
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Article464 2011-04-05 42 Apr 4 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.000 6.794 0.731 8.082 46.005 89.990 0.873 11.296 3.144 1.350 88.702 45.000 1.309 6.980 0.959 30.395 31.429 0.644 1.039 Canada 1.000 6.793464 words
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Article85 2011-04-05 42 Apr 4 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article140 2011-04-05 42 Apr 4 GOLD (US$/oz) Apr 01 Apr 04 Hong Kong 1435.50 1434.50 Mar 31 Apr 01 London 1436.74 1424.44 1437.51 1425.21 Source: Thomson Reuters CAST BAR Apr 04 (S$) Selling Buying Kilobar 62,126.34 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 139 58 5gm 395 290 10gm 706140 words
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Article70 2011-04-05 42 Apr 1 Apr Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2601.75 2619.00 3 months 2631.00 2648.00 Copper, Grade A (US$/tonne) Cash 9343.25 9413.25 3 months 9360.00 9428.00 Lead (US$/tonne) Cash 2761.00 2738.50 3 months 2698.00 2695.00 Nickel (US$/tonne) Cash *****.50 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash70 words
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Article83 2011-04-05 42 Apr 1 COCOA (£/tonne) Close Prev High/Low May 11 1947 1915 1963/1891 Jul 11 1950 1916 1961/1891 Sep 11 1965 1930 1974/1907 Dec 11 1983 1945 1988/1926 COFFEE (US$/tonne) Close Pev High/Low May 11 2421 2528 2549/2412 Jul 11 2342 2418 2427/2337 Sep 11 2361 2438 2440/2358 Nov 1183 words
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Article155 2011-04-05 42 Apr 4 US$ Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3090 1.3100 1.0389 1.0394 Canadian dollar 1.3088 1.3097 1.0387 1.0392 Euro 1.7917 1.7923 1.4220 1.4221 NZ dollar 0.9693 0.9702 0.7693 0.7698 Sterling pound 2.0329 2.0337 1.6134155 words
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PROPERTY
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Article, Illustration994 2011-04-05 43 Plunge in condo sales the main factor behind 9.9% fall in median price of all properties in Q1 Bloomberg [NEW YORK] Manhattan apartment prices dropped in the first quarter as condominium sales plummeted and new-development deals made up the smallest share ofBloomberg; BLOOMBERG - 994 words
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319 2011-04-05 43 Bloomberg [LONDON] A UK construction index stayed close to an eight-month high in March, adding to signs that the economy returned to growth in the first quarter after cold weather dented the recovery last year. A gauge of building activity based onBloomberg - 319 words
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Article, Illustration534 2011-04-05 44 KALPANA RASHIWALA - Strong demand reflects investors switching from residential sector By KALPANA RASHIWALA CAPITAL values of strata-ti-tled industrial properties continued to appreciate in the first quarter of this year as investors sought refuge in the property segment not affected by curbs imposedSource: CBRE Research - 534 words
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245 2011-04-05 44 Reuters [HONG KONG] Hui Xian Reit, the property flagship controlled by Hong Kong billionaire Li Ka-shing, has secured regulatory clearance to launch Hong Kong’s first yuan-denominated stock offering, IFR reported late on Friday. Following the long-awaited nod from theReuters - 245 words
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444 2011-04-05 44 US homeowner cuts cost by half after he rejects broker’s offer Bloomberg [NEW YORK] When Tom Strange, a retired computer engineer in Henderson, Nevada, refinanced his mortgage last year, he rejected the US$1,870 title insurance offered by his mort- gage broker. Searching online, heBloomberg - 444 words
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Article, Illustration952 2011-04-05 45 Property market seen developing in healthy manner if things go as planned Xinhua [BEIJING] Nothing in China is giving government officials, entrepreneurs and regular families more headaches than the country’s inflated property market. Policymakers are racking their brains to rein in skyrocketing homeXinhua; REUTERS - 952 words
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Advertisement94 2011-04-05 43 Huttons realestategroup COLLECTIVE SALE SELEGIE CENTRE x To Central Expessway Istana 4^ Mount Emily Park Farrer Park Tekka Ctr '/fy Food Ctr Market 'V 0 E3Little India B™ MRT SUBJECT SITE /★<> Parklane Shopping Mall LaSalle International Design Sch Freehold Existing 10-storey building 2-5 min walk to MRT stations Dhoby94 words
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Advertisement194 2011-04-05 43 22 Martin Road Freehold Commercial Building for Sale at Robertson Quay 00* 7-storey office building with basement carpark Site area: 11,473 sq ft (approx.) Gross floor area: 34,556 sq ft (approx.) Lettable area: 31,603 sq ft (approx.) Reputable single tenant and attractive rent Ideal for corporate office investment holding Possible194 words
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Advertisement253 2011-04-05 43 Braddell Park 350m to Woodleigh MRT 91,360 sf land; FH; GPR 1.4 5-Sty 350m to Woodleigh MRT, close to nex 1 km to Maris Stella High School NearAust. andAmerican in’tl schools Tender Closing onlfor145aptsofave 14 April 2011 (Thu), 2.30pm Potential for 145 apts of ave. 1,000 sf 6227 6066oenaorapsoave.,s huiling@credo.com.sg253 words
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Advertisement1379 2011-04-05 44 {"%,\+!=^~?`/<:$>$|\::<)<"^\-|! FDS NETWORKS GROUP LTD. (Incorporated in Bermuda) (Company Registration Number *****) FDS Networks Group Limited NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of FDS NETWORKS GROUP LTD., an exempted company incorporated with limited liability in Bermuda (the “Company”), will be held at1,379 words
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Advertisement211 2011-04-05 44 Residential Site along Hillview Avenue Collective Sale By Tender 100% owners’ consent Site area 49,164 sf approx Residential, PR1.92 Freehold Lush greenery surrounding, overlooking Bukit Batok Town Park Tender Closing: Friday, 15 April 2011, 3 pm Contact: DTZ Investment Advisory Services Tel: 6293 3228 Not drawn to scale. For reference211 words
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Advertisement22 2011-04-05 44 Growing number of CEOs of China's SOEs taking up political offices 国中群 To subscribe, call 6388-3838 or go to sphsubscription.com.sg22 words
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Advertisement47 2011-04-05 45 Gilstead Road Subject Property T h o m s o n L’viv Parkway Novena Hospital Road Revenue House R o a dd NovenaMRT Irrawaddy NovenaMedicalCenter Square 2 N e w t o n NovenaSquare GoldhillPlaza Hotel Royal Moulmein R United Square Lincoln Suites R o a d47 words
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Advertisement273 2011-04-05 45 FOR SALE BY TENDER NEX Mega Mall LEONG BEE COURT FREEHOLD RESIDENTIAL SITE NEAR MRT Serangoon MRT Road Braddell Road Bartley Road Land Size 2,734.7 sqm (29,436 sqft approx) Master Plan 2008 For Residential Use; Up to 24 Storeys Potential Gross Floor Area (GFA) 8,344 sqm (89,813.9 sqft approx) or273 words
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INFINITE SPACES
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Article, Illustration1232 2011-04-05 46 UMA SHANKARI - Industrial real estate providers face sophisticated new demands as companies seek conducive work environments, complex operational requirements, cost efficiency and sustainable design, writes UMA SHANKARI writes UMA SHANKARI ANEW industrial landscape is emerging in Singapore and other Asian countries as global corporations search for sophisticated1,232 words
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Advertisement137 2011-04-05 46 ',4 t V V-> i§s i C m I .W.-- ti? J.,.-.- ->•- y r i--. j .< r t X i C,.v ■A' «K x -Ui'-*" PT! is /-'x.V m > m g t f'*? wi JL V rv.j T 6.' €3 '."-**M V- r V 4''- i' wir£l137 words
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