The Business Times, 7 July 2011
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2011-07-07
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The Business Times
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Title Section23 2011-07-07 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|5l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 138/08/2010 Thursday, July 7,201123 words
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Article, Illustration435 2011-07-07 1 WINSTON CHAI - Australia chief quits, group CEO moved Down Under By WINSTON CHAI [SINGAPORE] Tiger Airways has made sweeping changes to its management team in response to a brewing safety debacle which threatens to ground its entire Australian fleet until August 1. TheFILE PHOTO - 435 words
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Article144 2011-07-07 1 HST INDEX 3,114.71 (-14.98) H ST INDEX FUTURES 3,114 (-15) H SIMSCI 360.59 (-2.37) H SIMSCI FUTURES 360.40 (-2.20) FOREX US$ S$ US$ (S$ per US$) 1.228 (US$/S$ per 1.602 1.967 EURO (US$/S$/E) 1.437 1.764 Foreign currency per US$ S$ YEN 81.00 66.00 RM 3.010 2.452 HK$ 7.782144 words
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Article, Illustration787 2011-07-07 1 NEIL BEHRMANN - Euro and markets plunge after Lisbon debt is cut to junk; EC president alleges bias against Europe By NEIL BEHRMANN in London BRIEF euro euphoria dissipated after Portugal’s debt was downgraded to junk status and markets decided that the latest Greek bailoutBLOOMBERG, REUTERS - 787 words
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Page 1 Advertisements
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Advertisement17 2011-07-07 1 TEMASEK It says sale of shares in BOC, CCB is routine portfolio adjustment PAGE 2 *****1 *****417 words
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Advertisement11 2011-07-07 1 COMPANIES Asia-Pac investment banking fees jump 26% to US$7b PAGE 511 words
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Advertisement174 2011-07-07 1 PROPERTY Mandopop idol JJ Lin buys Twin Peaks unit PAGE 29 BizIT Telcos primed to pull off flash deals PAGE 26 cLewJl cbnAAL ut T tZ r. 9* a> c d^f^yjOints V H'S Uncompromising blistering supercar agility in the blink of an eye. Be it the muscular coupe or the174 words
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TOP STORIES
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Article, Illustration498 2011-07-07 2 SIOW LI SEN - By SIOW LI SEN [SINGAPORE] DBS India expects to grow 30-50 per cent this year as it aggressively focuses on the wholesale banking business in the world’s second most populous country. The breakneck pace is partly due to its small base but it498 words
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765 2011-07-07 2 CONRAD TAN - Spokesman says sale of BOC, CCB shares is just routine portfolio adjustment By CONRAD TAN [SINGAPORE] Temasek Holdings has sold stakes in two of China’s largest banks, fuelling worries among investors who think that Chinese banks could soon face a mountain765 words
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Article, Illustration558 2011-07-07 2 ANTHONY ROWLEY - By ANTHONY ROWLEY in Tokyo THE International Monetary Fund’s (IMF) new managing director Christine Lagarde last night promised a more human and caring face for the institution under her leadership. This would be a departure from the rather cold and austere approach that558 words
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461 2011-07-07 2 JAMIE LEE - By JAMIE LEE [SINGAPORE] Buyout exits by private equity (PE) firms hit US$120 billion in the second quarter setting a new record that last stood in Q4 of 2010, figures from data provider Preqin showed. The record-setting had already been determined by461 words
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Article528 2011-07-07 2 Europe screams foul after Moody’s goal on Portugal BRIEF euro euphoria dissipated after Portugal’s debt was downgraded to junk status and markets decided that the latest Greek bailout was an effective default. Meanwhile, Europe rounded on rating agencies as it battled the latest storm, alleging a bias against528 words
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Article, Illustration748 2011-07-07 4 S JAYASANKARAN - Genting unit, five tycoons aim to form special-purpose vehicle for the deal By S JAYASANKARAN in Kuala Lumpur A SPECIAL-PURPOSE vehicle (SPV) comprising a Genting unit and five of the biggest ethnic Chinese tycoons in Malaysia could acquire the gaming unit of tycoonBLOOMBERG, FILE PHOTOS - 748 words
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Article, Illustration695 2011-07-07 4 KALPANA RASHIWALA - By KALPANA RASHIWALA [SINGAPORE] Office investment sales continue apace, with high prices touched in the Tanjong Pagar and Cecil Street/Robinson Road office micromarkets, BT understands. RCL Centre, a 12-storey freehold office block with triple frontages along Keppel, Tanjong Pagar and Lim Teck Kim roads,YEN MENG JIIN - 695 words
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702 2011-07-07 4 GRACE LEONG - By GRACE LEONG [SINGAPORE] Most casinos in Macau would be very happy if junket operators would just disappear, according to I Nelson Rose, an industry consultant and gambling law professor at Whittier Law School in California. “The point is that junket operators and other702 words
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Advertisement120 2011-07-07 2 apbcOffices We invite you to work different. 75 High Street 9 Battery Rd, Straits Trading Building 9 Temasek Boulevard, Suntec Tower 2 30 Raffles Place, Chevron House VIRTUAL OFFICE 1 Lg t apbcOffices A- Prestigious business address. Start immediately with minimal start-up cost. 3 tiers of services to suit your120 words
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Advertisement184 2011-07-07 3 -fu/frvtm •e^-tve^j. THE NEW CONTINENTAL GT. A FUSION OF EXTREMES. r 7 [i H fc H&2- 2>s rai > •MSMM* Al k: w |pF$ 4 V. T*~ VA w 3 Welcome to a new chapter in the story of Bentley the new Continental GT. Building on the success of its184 words
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Advertisement184 2011-07-07 4 MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg NANYANG TECHNOLOGICAL UNIVERSITY Nanyang Business School N anyang EXECUTIVE EDUCATION r »your ke jsiness Skilisito the jrevel Management Programmes Berkeley-Nanyang Advanced Management Programme* 10-21 Oct 2011 (NTU, Singapore) 5 16 Mar 2012 (UC Berkeley, USA] lATA-Nanyang Advanced Management Programme in Air Transport 17184 words
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COMPANY NEWS
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Article, Illustration450 2011-07-07 5 WINSTON CHAI - Rise in IPOs, private placements as firms capitalise on region’s bullishness By WINSTON CHAI INVESTMENT banking fees in Asia-Pacific excluding Japan surged 26.2 per cent year on year to US$7 billion in the first half of 2011 as companies step up their fund-raisingAP - 450 words
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Article, Illustration718 2011-07-07 5 A special series brought to you by Bursa Malaysia and ShareInvestor KSL Holdings may not be one of the bigger developers, but it claims to enjoy the best margins in the sector. Certainly, reaping 30-40 per cent on its developments has attracted a number of investors, Templeton718 words
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826 2011-07-07 5 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY AUSTRALIA’S approach towards market regulation has always been admirably simple continually raising the bar, tightening the screws even if brokers and corporates object to it and coming down hard when there’s a need to ensure preservation of public826 words
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427 2011-07-07 6 LYNN KAN - Details of projects in Tianjin, Heilongjiang and Hebei will be finalised by year-end By LYNN KAN SEMBCORP Industries’ wholly owned subsidiary Sembcorp Utilities yesterday inked three memoranda of understanding for projects to further its footprint in China. The three projects concern plants427 words
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375 2011-07-07 6 JASMINE NG - Firm says no current staff or officer is under investigation By JASMINE NG THE Commercial Affairs Department (CAD) has notified IT service company Teledata (Singapore) Limited to help it with investigations into an offence under the Securities and Futures Act, Chapter 289. Disclosing this yesterday,375 words
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516 2011-07-07 6 LYNETTE KHOO - By LYNETTE KHOO IN a bid to allay fears of a potential loan default, Darco Water Technologies said yesterday that the construction of its second water treatment project in China’s Deqing County has completed and operations have begun. An earlier delay in the construction516 words
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162 2011-07-07 6 TEO SI JIA - By TEO SI JIA ASL Shipyard Pte Ltd has obtained new shipbuilding contracts worth a total of $131 million for the construction of 11 vessels. The wholly owned subsidiary of ASL Marine Holdings Limited will be building two units of North Sea standard162 words
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294 2011-07-07 8 CARINE LEE - Consideration for Premier Sea Land is US$19.3m By CARINE LEE OIL equipment specialist MTQ Corporation has acquired Premier Sea Land Limited, a company dealing in related products and services, for US$19.3 million. Premier, a Hong Kong-incorporated investment holding company, has two Singapore-incorporat-ed subsidiaries Premier Sea294 words
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191 2011-07-07 8 Reuters [SINGAPORE] Singapore insurer Great Eastern Holdings plans to expand its general insurance business and does not rule out doing so through acquisitions, recently appointed CEO Christopher Wei said yesterday. Great Eastern, about 87-per cent owned by Singapore’s Oversea-Chinese Banking Corp, is better knownReuters - 191 words
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Article, Illustration346 2011-07-07 8 CONRAD TAN - By CONRAD TAN BE kind to others, one of Singapore’s top bankers told graduating business students here yesterday. “Be nice to people. That’s very different from being polite. Polite is easy, nice take a lot of work,” DBS Group chief executive Piyush Gupta said in346 words
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533 2011-07-07 8 KELLY TAY - By KELLY TAY WASTE management company 800 Super Holdings Limited (800 Super) yesterday became the fourth company to launch its initial public offering (IPO) on Catalist this year. The group is offering 32.2 million placement shares at 22 cents each, comprising 30.2533 words
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638 2011-07-07 9 Complex structures, huge short selling make them similar to CDOs, says source Bloomberg [LONDON] UK fraud prosecutors are reviewing how exchange-traded funds are marketed and whether they have the tools to prosecute any wrongdoing in the industry, a person directly involved withBloomberg - 638 words
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671 2011-07-07 9 EXCHANGE-TRADED FUNDS Bloomberg [NEW YORK] The biggest Chinese exchange-traded fund in the US is losing money faster than any other country-focused ETF, even as the lowest valuations since 2008 convince brokerages in the Asian nation that it’s time to buy. Investors pulled aBloomberg - 671 words
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Advertisement304 2011-07-07 5 m :M > V('Oe/t (a f/lo//(r/Z(/ The Luxury Of Resort-Style Living. Right At Home. Spacious Choice Units With Best Views, Starting From S$3.887M Eleven@Holland, a cluster of stylish semi-detached residences set in upscale Bukit Timah. With lush landscaping in a serene setting, every day is a perfect getaway. Luxurious strata304 words
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Advertisement216 2011-07-07 6 r KL City Centre (20 mins) f: i: to Limkokwing University (9 mins) Multimedia University (4 mins) Serin RESI D ENCY www.serin.com.my Telekom '(7 mins) .Emerio she <5 mins) (6mirs) Fujitsu (4 mins) HSBC DHL (4 mins) (5 mins) University College of Medical Sciences (5 mins) HP Global IRBHQ DELL216 words
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Advertisement214 2011-07-07 6 SPREAD THE LOVE DAZZLE A r CHISR AL* 1 fjT r> 'J W. V, 9 N Extend your love through Friendship and Hope, the theme for ChildAid 2011 an annual charity concert in aid of The Straits Times School Pocket Money Fund and The Business Times Budding Artists Fund. If214 words
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Advertisement752 2011-07-07 7 tf A WATER IONIZER CERTIFICATIONS KKA in n\ GMP RoHS ALKAUNC PURRED ACOC MB_OOY 0 0 0 0 5MR ISO 9001 Registered 5MR SETAN no vita f>KIP0 OF F KETI tfCEM I C€ y HPJ ttJJ With your support over the years, we have grown to serve you better. Embodying752 words
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Advertisement173 2011-07-07 8 Keppel Corporation Ltd^j^TSVjS Mercator Lines (Singapore) Ltd OIllU 161 LJM F J Benjamin Holdings Ltd Singapore Technologies Engineeri lg d sin 5 re CapitaRetail China fruit SoilbiJiJu Group Ho Ascott Residence Trust] at Hong, Holdings I K-Reit AsiaStarHu b Lta M&ei J r\ I icai la r JM i_iu IDmOII173 words
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Advertisement63 2011-07-07 9 Choice Community Indian Singap° re g(U H""" t Stumpy takes s 5=s5S§3 India prci**** •SagfSS ..'4 0 > 1 Incisive features from India, news about the local Indian community, as well as business, education, entertainment, food and sports... with an Indian slant of course. An English weekly available free every63 words
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Advertisement198 2011-07-07 9 WINNER IG Markets I Investmem^Trends Sept 2010 Singapore CFD Report Highest overall 0.1% commission and Direct Market Access on Singapore share CFDs O Strata Asia Resources Ltd 2 890 Chg: 0.010 2.920 Lo 2 060 a 2.880 2.870 2.830 2.840 2.890 2.900 2.010 2 920 2 930 Order Type Limit198 words
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SINGAPORE MARKETS
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Article, Illustration559 2011-07-07 10 R SIVANITHY - ST Index ends about 15 points lower after HK index falls 1.1% and Europe markets open weaker STOCKS R SIVANITHY Senior Correspondent AFTERanearlybounce, the Straits Times Index yesterday reversed direction to end a net 14.98 points weaker at 3,114.71. Reports were that there wereSource: Bloomberg - 559 words
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Article66 2011-07-07 10 Jul 6 VALUE CLOSE BT OB/OS 427.00 +110.0 BT CADI -*****.00 +29.0 BT 10-day MA -*****.00 +42.00 FTSE ST Mid Cap 749.36 +1.61 FTSE ST Small Cap 518.70 +1.84 FTSE ST All Share 761.86 -2.43 FTSE ST China Top 253.30 +0.34 FTSE ST China 289.55 -0.52 FTSE66 words
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Article186 2011-07-07 10 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 4 8 0 0 0 5 4 8 Manufacturing 55 47 46 8 5 5 63 52 51 Commerce 25 18 16 3 3 1 28 21 17 Tpt/Stor/Comms 12 19 8186 words
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BROKERS’ TAKE
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Article, Illustration240 2011-07-07 10 July 6 close: S$1.045 DMG Partners Securities, July 6 AUSTRALIA’s Civil Aviation Safety Authority (Casa) spokesman Peter Gibson told us that a decision on whether Casa will prolong Tiger Australia’s grounding beyond July 9 will be made by July 6 or July 7 afternoon. He let on thatSource: Bloomberg - 240 words
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Article, Illustration368 2011-07-07 10 JAMIE LEE - Compiled by JAMIE LEE UOB-Kay Hian Research, July CLOUD computing, in its simplest form, is IT services delivered over Internet connections. It creates convergence in communications and computing, and has a direct and sustained positive impact on the telecommunications industry. Increasing adoption of cloud computing leads to fourSource: Bloomberg - 368 words
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Article137 2011-07-07 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 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first,137 words
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Article120 2011-07-07 10 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 31,379 31,379 93,847 93,847 Manufacturing 239,496 16,202 255,698 180,535 822 181,356 Commerce 49,381 3,048 52,429 73,436 667 74,103 Tpt/Stor/Comms 184,780 3,484 188,264 260,734 560 261,293 Finance 13,725 13,725 159,324 159,324 Construction 101,860 41,364 143,224 42,170120 words
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Article111 2011-07-07 10 Stock name Close Change CapMallsAsia 1.475 +0.005 CapitaLand 2.900 -0.010 CapitaMall 1.895 +0.010 CityDev 10.700 +0.070 ComfortDelGro 1.430 -0.040 DBS Grp 14.640 -0.230 F&N 5.850 -0.080 GLP 2.080 Genting SP 1.895 Golden Agri 0.680 +0.005 HK Land 6.960 -0.100 JMH 55.800 +0.950 JSH 31.640 +0.760 Jardine111 words
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Article, Illustration480 2011-07-07 10 CURRENCIES Reuters [LONDON] The euro extended losses and commodity currencies fell yesterday after China raised rates for the third time this year, driving investors to shed exposure in riskier assets in a market already shaken by Portugal’s rating being cut to junk.Reuters; BLOOMBERG - 480 words
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Article57 2011-07-07 10 VOLUME Golden Agri 68,672,000 PSL Hldgs 63,015,000 Samko 53,979,000 Genting SP 40,545,000 TigerAir 39,287,000 SingTel 29,122,000 Artivision 26,632,000 CCM Grp 23,800,000 RafflesEdu 20,145,000 Marco Polo 18,958,000 VALUE($) SingTel 92,203,855 Genting SP 76,739,455 Keppel Corp 68,207,690 DBS Grp 57,926,054 UOB 48,744,030 Golden Agri 46,986,402 TigerAir 40,613,735 Wilmar 36,654,64057 words
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Article107 2011-07-07 10 BY CENTS CLOSE UP GLD 10US$ ***** 229.5 1.3 DBXT E50 10US$ 4624 211.1 3.9 DBXT MSEurope 10US$ 4985 139.9 2.3 DBXT S&P500 10US$ 2124 119.0 4.8 JMH 5580 116.6 1.7 DBXT MSKorea 10US$ 6556 93.3 1.2 JSH 3164 93.3 2.5 IS S&P500 ***** 65.0 0.4 DairyFarm 859 46.6107 words
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Article125 2011-07-07 10 BY CENTS CLOSE DOWN Lyxor China H 10US$ 1603 -92.0 -4.5 DBXT FTChina25 10US$ 3171 -62.6 -1.6 Lyxor Malaysia 10US$ 960 -50.3 -4.1 DBXT CSI300 10US$ 1015 -46.6 -3.6 DBXT MSTHAI 10US$ 1690 -45.4 -2.1 DBXT FTVietnam 10US$ 2848 -44.2 -1.2 Petra 161.5 -43.5 -21.2 UOB 1948 -43.0 -2.2125 words
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SINGAPORE NEWS
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446 2011-07-07 11 LYNN KAN - Thriving venture capitalist culture vital for water start-ups: investors WATER WEEK By LYNN KAN SINGAPORE’S water research and innovation is “world class” but there is still a gulf between research and commercialisation needed to produce another Hyflux, cleantech investors noted. Investors got to glimpse446 words
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Article, Illustration624 2011-07-07 11 TAM YU LING - By TAM YU LING AS part of the government’s push to grow the water industry in Singapore, an outdoor research facility the first of its kind in Asia was launched at Sungei Ulu Pandan yesterday. The Aquatic Science Centre Sungei Ulu PandanSEYU TZYY WEI/ LIANHE ZAOBAO - 624 words
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260 2011-07-07 11 SINGAPORE is looking to share its experience in development with the Republic of Congo (ROC) following a contract and memorandum of understanding (MOU) signed by the two countries. Yesterday, the Singapore Cooperation Enterprise (SCE) an agency formed by the Ministry of260 words
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Article, Illustration512 2011-07-07 11 TEH SHI NING - The two resources are inextricably linked: summit By TEH SHI NING WATER and energy are inextricably linked and solutions to manage their scarcity ought to be better coordinated, industry leaders at the Water Leaders Summit yesterday said. “There is a growing realisation that512 words
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Article, Illustration383 2011-07-07 11 KELLY TAY - By KELLY TAY AS Singapore forges ahead with its efforts to enhance workforce productivity, it will face three key challenges: a global shortage of talent, higher workforce mobility and an increased propensity for workers to become disengaged with their work. In his keynote address383 words
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172 2011-07-07 11 CERTIFICATE of Entitlement (COE) premiums rose across the board in the latest bidding exercise which ended yesterday. The COE premium for cars 1,600cc and below as well as taxis saw the biggest jump among the various categories, rising $5,745 from the last round172 words
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316 2011-07-07 11 NICHOLAS YEO - By NICHOLAS YEO TWENTY cyclists will next week cover a gruelling 250km of Sabah’s coastal roads in 12 hours to raise funds for charity. The Firefly Night Race II will see the group of 20, led by Lyndon Yeo, cycling316 words
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SINGAPORE ROUNDUP
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70 2011-07-07 11 ALMOST $8 million in research funding was presented to 14 principal investigators yesterday morning under the $33 million GlaxoSmithKline (GSK)-Singapore Economic Development Board (EDB) Partnership for Green and Sustainable Manufacturing (GSM). This funding will be used by principal investigators to conduct research on70 words
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57 2011-07-07 11 MEDIACORP Pte Ltd yesterday appointed Shaun Seow its chief executive officer and board director with immediate effect. Possessing a media career of over 20 years, and having served as MediaCorp’s deputy CEO since 2005, Mr Seow was appointed after an intensive search, following previous57 words
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ECONOMY WATCH
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553 2011-07-07 12 Tax deals between Switzerland and Germany, UK, US blamed for problem Bloomberg [ZURICH] Some Swiss banks are blocking clients from gaining full access to offshore accounts in connection with tax treaties being negotiated between Switzerland and Germany, the UK and the US,Bloomberg - 553 words
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Article, Illustration551 2011-07-07 12 AP [SEOUL] Inflation, rising household debt and troubles in part of the banking sector are among factors weighing on South Korea’s rapid economic recovery from the global financial crisis, Finance Minister Bahk Jae-wan said yesterday. “Consumer prices have remained high recently and lowAP; AFP - 551 words
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533 2011-07-07 12 They argue that it gives regulators too much power Reuters [WASHINGTON] Banks and other large financial companies that could be seized and liquidated by the US government are baulking at a proposed plan they argue gives regulators too much power to snatch backReuters - 533 words
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470 2011-07-07 12 Reuters [LONDON] Rising disquiet over new issue bond market practices has prompted a rethink among debt syndicate officials regarding the processes they employ and the manner in which they transmit information to investors, bankers said. Underwriters have been discussingReuters - 470 words
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Advertisement28 2011-07-07 12 MISSION POSSIBLE SINDA president and MP Indranee Rajah writes about the Singapore Indian community FEEL AT HOME AT S’PORE HERITAGEFEST GETYOUR COPYTOMORROW FROMALL 7-ELEVEN OUTLETS WHILE STOCKS LAST28 words
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Advertisement12 2011-07-07 12 In just six months Cross-strait tourism pushesrents inTaipei's business districts upby50% Tosubscribe,call6388-3838orgotosphsubscription.com.sg12 words
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Advertisement527 2011-07-07 12 NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg I BUY IT SELL IT FIND IT MANHATTAN RESOURCES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. *****6289K) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (the “EGM”) of Manhattan Resources Limited (the “Company”) will be527 words
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Advertisement206 2011-07-07 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VANDERCORE PTE LTD (Co. Reg. No. *****0355W) (IN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the206 words
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MALAYSIA/INDONESIA
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Article, Illustration545 2011-07-07 13 PAULINE NG - Every percentage point drop in stake could mean RM8.5b injection of liquidity By in Kuala PAULINE NG in Kuala Lumpur A ONE-PERCENTAGE point reduction in the government’s ownership of companies linked to it could inject an estimated RM8.5 billion (S$3.5 billion) in tradingFIREFLY - 545 words
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389 2011-07-07 13 Reuters [CANBERRA] Australia’s government yesterday removed a month-long ban on live cattle exports to neighbouring Indonesia, saying that it was satisfied that the A$320 million (S$420 million) trade could resume after a furore over mistreatment of livestock. The minority government hasReuters - 389 words
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282 2011-07-07 13 Bloomberg [KUALA LUMPUR] Bumi Armada Bhd received orders for about 25 times the stock it’s selling to institutional investors in Malaysia’s biggest initial public offering (IPO) this year, two people with knowledge of the matter said. The sale to local and foreignBloomberg - 282 words
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Advertisement256 2011-07-07 13 v a J R- n Your Returns are the Start of Your Child's Future Your investment returns can make a difference. Whether it's starting a family, or nurturing a bright career, careful planning and good returns can give you the peace of mind you need when it comes to their256 words
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GREATER CHINA/INDIA
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686 2011-07-07 14 Companies such as restaurants and chain stores among those targeted Reuters [SHANGHAI] China’s securities regulator has tightened its approval requirements for initial public offerings by companies in some industries seen as having high risks of financial irregularities, including restaurants and chain stores,Reuters - 686 words
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287 2011-07-07 14 AFP [NEW DELHI] India’s Supreme Court on Tuesday gave French cement giant Lafarge permission to resume mining limestone in the country’s miner-al-rich north-east, rejecting environmental opposition. The court decision comes as good news for Lafarge’s US$255 million cement plant in neighbouring Bangladesh thatAFP - 287 words
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Article, Illustration613 2011-07-07 14 AFP Bloomberg [GENEVA] The World Trade Organisation ruled yesterday that China’s export restrictions on raw materials are illegal, upholding complaints by the US, the European Union and Mexico against the Asian giant. “The panel, therefore, recommends that the Dispute Settlement Body requestsAFP; Bloomberg - 613 words
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295 2011-07-07 14 AFP [BEIJING] Chinese media and green groups yesterday slammed the state-run China National Offshore Oil Corporation and the marine watchdog for keeping an oil spill hidden from the public for nearly a month. CNOOC, in partnership with the Chinese unitAFP - 295 words
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Advertisement82 2011-07-07 14 herworld.com fmfi Over $6,000 worth of prizes including luxury holiday at the Baros Maldives Go to www.herworld.com/weeklygiveaways now to participate! JUN 20 J UN 26 We have 2 Samsung Dual LCDs Cameras ST700 to give away worth a total of $918 Goldheart ModeTres Bleu diamond pendant worth $838 and $1,50082 words
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Advertisement296 2011-07-07 14 THE SME MAGAZINE PRESENTS The Economy Your Business What headwinds ahead do companies face? Get a better picture of how the next 12 to 18 months will pan out. Hear from two of Singapore’s top economists as they share their outlook on how the wider picture can impact local businesses296 words
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Advertisement707 2011-07-07 14 WATS NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP.50 AND IN THE MATTER OF AGL CACTUS PTE. LTD. UEN CO REG NO: *****8819N MEMBERS’ VOLUNTARY WINDING UP At an Extraordinary General Meeting of AGL Cactus Pte Ltd convened and held at Level 2, 251 St Georges Terrace, Perth Western707 words
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WORLD
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Article, Illustration441 2011-07-07 15 Adding chipmaker will create little synergy, it says Bloomberg [SEOUL] Hyundai Heavy Industries Co ruled out bidding for a controlling stake in Hynix Semiconductor Inc, fuelling speculation shareholders will fail to unload their stake in the chipmaker for the fourth time inBloomberg; BLOOMBERG - 441 words
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242 2011-07-07 15 Reuters [BANGALORE] Berkshire Hathaway Inc has joined the group bidding for Citigroup’s consumer lending unit OneMain, formerly known as CitiFinancial, the Wall Street Journal said, citing people familiar with the matter. The report said Warren Buffett’s Berkshire had joined the consortium consisting ofReuters - 242 words
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579 2011-07-07 15 Fonterra pays 100 basis points more than swap rate during its notes sale Bloomberg [SYDNEY] Australia’s “hunger” for bonds outside the financial industry is rewarding companies with lower borrowing costs than the nation’s highest-rated banks. Fonterra Cooperative Group Ltd, the world’s biggestBloomberg - 579 words
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Article, Illustration637 2011-07-07 16 Top politicians blast News Corp, Brooks; Ford suspends ads in ‘News of the World’ NYT [LONDON] Political pressure is bearing down on Rebekah Brooks, a top executive of News Corp in Britain, following allegations that one of the company’s newspapers hacked the cellNYT - 637 words
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442 2011-07-07 16 ANTHONY ROWLEY - Egypt, Tunisia tap Tokyo’s expertise in holding elections By ANTHONY ROWLEY in Tokyo WITH the so-called Arab Spring in full flush following Tunisia’s “jasmine revolution”, one development that has gone little noticed outside the region has been the growth of Japan’s economic and442 words
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Article, Illustration517 2011-07-07 17 TEH SHI NING - By TEH SHI NING [SINGAPORE] THE fourth and newest Vietnam-Singa-pore Industrial Park in Hai Phong province saw its first major tenant receive its investment certificate from authorities on Tuesday. Japan’s Kyocera Mita Corporation, a subsidiary of New York-listed Kyocera Corporation, plans to invest moreMTI - 517 words
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436 2011-07-07 17 LATEST US DATA AP [WASHINGTON] The US service sector, which employs nearly 90 per cent of America’s work force, expanded for a 19th consecutive month in June. But growth slowed from May, a sign that the economy remains sluggish. The Institute for Supply ManagementAP - 436 words
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647 2011-07-07 17 They are trying to fine-tune a private sector creditors’ deal for Greece Reuters [PARIS] A credit rating downgrade for Portugal has added to fears that Europe’s banks face heavy losses on their euro zone lending if a private sector plan to helpReuters - 647 words
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Advertisement51 2011-07-07 15 Viewing strictly by appointment only from 7 July to 14 July 2011 A comprehensive inventory list will be presented to interested parties on site upon request. Contact person: Tan Chun Tiong H/P: 9634 9502 Email: tiong@tacs.com.sg or Fax *****935 Transit Air Cargo Singapore Pte Ltd Marine Accommodation Equipment Systems for51 words
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Advertisement503 2011-07-07 15 m M METRO METRO HOLDINGS LIMITED (Company Registration No.: *****1792W) (Incorporated in the Republic of Singapore) NOTICE TO WARRANTHOLDERS LISTING OF THE ADDITIONAL WARRANTS ON THE SGX-ST TO: ALL HOLDERS OF WARRANTS ("WARRANTHOLDERS") TO SUBSCRIBE FOR NEW SHARES IN METRO HOLDINGS LIMITED (THE "COMPANY") in this Notice, the term "Warrants"503 words
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Advertisement2832 2011-07-07 16 MATS Toll free: 1800-289-8822 Email: notices@sph.com. NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GE CAPITAL OPERATIONS (SINGAPORE) PTE. LTD. (IN MEMBERS’ VOLUNTARY LIQUIDATION) CO. REG. NO. *****2082R NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 182 Clemenceau2,832 words
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Advertisement611 2011-07-07 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290(2)(b) AND IN THE MATTER OF ARCHBROOK LAGUNA (SINGAPORE) PTE. LTD. (Company Reg. No.: *****1405W) (Incorporated in the Republic of Singapore) At an Extraordinary General Meeting of the abovenamed Company deemed to be held on 1 July 2011,611 words
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Advertisement21 2011-07-07 16 How to run a business without running out of ideas SMEJuly/Augoutnow! )5,6;,!*330,9#/9!:.*!! )(*23:."6:;<$**+/2-7 )5,6;,-9;0,9#3,!!*! )42-73*0,9#<,1*,$$:-*&!;*-<.,3,"06,*! )’#*%2#:."$,#21*+:2:.;*#8:*6 AvailableatCaltex,Esso,ShellandSPCpetrolstations, 7ElevenandCheersstoresandleadingbookstores Tosubscribe($30forsixissuesdeliveredtoyourofficeorhome),pleasecall6388-3838. GetacomplimentarycopyifyouareaDHLclient,whilestockslast! Producedby21 words
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Advertisement24 2011-07-07 17 The NEW TGOltf Android app <s I0D«» ■S BEST MUSiC THE MARRIED MEN weekdays from 6am set* Q) DOWNLOAD IT FREE AT RADI09I3.COM NOW!24 words
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Advertisement2037 2011-07-07 17 I MATS NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg m TRAVELITE HOLDINGS LTD. (Registration Number *****1089K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of TRAVELITE HOLDINGS LTD. (the "Company") will be held at 205A Kallang Bahru Singapore *****2 on Friday, 22 July 2011 at2,037 words
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EDITORIAL & OPINION
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475 2011-07-07 18 EDITORIAL THE resignation of Japan’s new reconstruction minister, just nine days after he was appointed to the post, has dealt a fresh blow to embattled Prime Minister Naoto Kan and further complicated his government’s postdisaster relief efforts. It was Mr Kan himself who created475 words
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Article, Illustration1094 2011-07-07 18 ANTHONY ROWLEY - It seems incredible leading media have been complicit in aiding his character assassination ANTHONY ROWLEY Tokyo Correspondent WAS former International Monetary Fund (IMF) managing director Dominique Strauss-Kahn “set up” over alleged sexual crimes against a New York hotel maid? And, if so, wasAP - 1,094 words
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Article, Illustration764 2011-07-07 18 J. BRADFORD DELONG - THE BOTTOM LINE J. BRADFORD DELONG J Bradford DeLong, a former assistant secretary of the US Treasury, is Professor of Economics at the University of California at Berkeley and a research associate at the National Bureau for Economic Research Project Syndicate BACK inProject Syndicate - 764 words
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Article, Illustration1366 2011-07-07 19 NG WENG HOONG - Gulf of Mexico, Japan and Mena incidents have significantly and immediately reduced the world’s supply of cheap energy By NG WENG HOONG The writer is editor of www.EnergyAsia.com, and can be contacted at Editor@EnergyAsia.com. Part of this article was extracted from his new book,REUTERS - 1,366 words
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Article, Illustration879 2011-07-07 19 NEIL BEHRMANN - NEIL BEHRMANN London Correspondent GLOBAL stock markets have rallied sharply because of the promise of yet another bailout of Greece. Despite the euphoria, the massive private and public-sector European debt overhang is as serious as ever. The threat of contagion, leading to oneREUTERS - 879 words
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AVIATION
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672 2011-07-07 20 VEN SREENIVASAN - It targets projected traffic of 98.5m people, 4m tonnes of cargo by 2020 By VEN SREENIVASAN [SINGAPORE] In an aggressive bid to further consolidate its position as a key global air hub, Dubai is pressing ahead with a US$7.8 billion airport and airspace expansion programme672 words
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Article, Illustration399 2011-07-07 20 Reuters [NEW DELHI] India’s commercial airplane market will reach US$150 billion over the next 20 years, Boeing said yesterday, as a burgeoning middle class is expected to drive demand in Asia’s third-largest economy. Indian carriers have orders worth US$40 billion in the pipeline,Reuters - 399 words
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427 2011-07-07 20 AFP [SYDNEY] Grounded Australian budget carrier Tiger Airways stopped selling tickets yesterday after the airline came under pressure from the consumer regulator over its ability to deliver flights. Australian Competition and Consumer Commission (ACCC) chief Graeme Samuel was tight-lipped on whether he was consideringAFP - 427 words
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Article3258 2011-07-07 20 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 Amsterdam LO4031 0545 KL836 0020 SQ3233,258 words
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Article, Illustration439 2011-07-07 20 Reuters [KUALA LUMPUR] AirAsia Bhd will buy an extra 100 Airbus A320neo jets, taking its record-breaking order to 300 planes, a source said, a deal which would make the Malaysia-based budget airline one of the world’s largest carriers. The two sides announced an US$18.2Reuters; BLOOMBERG - 439 words
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Page 20 Miscellaneous
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Miscellaneous339 2011-07-07 20 CRYPTIC CROSSWORD Across 7 Copper has trouble with something useless a climbing plant (8) 9 US author having effort to produce something that isn’t prosy (6) 10 Gown of fellow given cheers outside university (6) 11 Obstruction ordered with security device to be brought in (8) 12 Hypocritical grief from339 words
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Article3916 2011-07-07 21 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. *****3249E 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 JIMRISE Muscat/Sharjah/Doha/Dammam *Loads3,916 words
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Page 21 Advertisements
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Advertisement30 2011-07-07 21 Experienced maintenance services wanted. 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 TIMES30 words
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Advertisement6 2011-07-07 21 lEUMSJllB CALL JOE WONG AT *****3276 words
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SHIPPING
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499 2011-07-07 22 JOYCE HOOI - A paper that details the proposal will be presented to the UN next week By JOYCE HOOI [SINGAPORE] Patrick Phoon, the newly elected president of the Singapore Shipping Association (SSA), is backing a “hybrid system” for tackling piracy, he said yesterday.499 words
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265 2011-07-07 22 JOYCE HOOI - By JOYCE HOOI [SINGAPORE] A joint venture between PSA International and the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia Saudi Global Ports LLC has been awarded the concession for a container terminal at the King Abdul Aziz Port265 words
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Article, Illustration458 2011-07-07 22 NYT [BEIJING] Oil that spewed from an offshore drilling rig in north-eastern China for two weeks last month has spread over 829 square kilometres, government officials acknowledged on Tuesday, amid uproar over why it took so long for fishermen, local residents and environmentalNYT; AP - 458 words
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460 2011-07-07 22 Bloomberg [LONDON] Delays in building capesize commodity carriers that haul iron ore and coal fell to the lowest level in at least three years as record numbers of new vessels constructed in China joined the fleet on schedule. SomeBloomberg - 460 words
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Article278 2011-07-07 22 SGX '000 Jul 6 S$ +/-Vol CH Offshore 0.44 unch 29 Chuan Hup Hldg 0.25 -0.01 52 Cosco Corp 1.90 unch 8063 CWT Ltd 1.33 -0.02 1222 Ezra Hldgs 1.51 -0.01 3512 First Ship Lea 0.35 -0.01 423 Freight Links 0.06 unch 545 Grand Banks unch unch 0278 words
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Page 22 Advertisements
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Advertisement29 2011-07-07 22 FREIGHT FORWARDER urgently needed by shippers Can they find your services here in the Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 1327 SHIPPING TIMES29 words
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Advertisement15 2011-07-07 22 Experienced shfp maintenance services wanted. Can they find your services here in the Shipping Times?15 words
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SINGAPORE STOCKS
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Article8256 2011-07-07 23 Transaction date: Jul 6 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 15 8Telecom 15 -1 10 15 15 15.5 16 7.8 4.1 3.1 71.8 12 4.5 A-Sonic 7.1 -0.2 998,256 words
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Article1504 2011-07-07 24 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 5.5 4 t AA Grp 4 3.7 4.3 19 3.9 202 142 t APStrategic 145 141 150 86 1.5 0.2 t Advanced System 0.31,504 words
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Article9966 2011-07-07 24 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.37/ APS Alpha Fund (USD)!** 1.12/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.74/ Aberdeen Asset Mgt Asia Limited American Opp 0.6601/ Asian Credit Fund9,966 words
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Article234 2011-07-07 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A42.5 -2 10 43 42.5 42.5 46.5 3.6 8.2 3.4 110.7 55 18 Genting HK US$ US38.5 +1 ***** 39.5 37.5 38.5 39 2535234 words
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Article859 2011-07-07 24 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 124 108 ABF SG Bond ETF 114.5 113.1 116 522.7 1083 846 CIMBAsean40 100US$ US1065 -18 5 1076 1065 1064 1071 42.6 350 290 DBS STI859 words
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FINANCE & COMMODITIES
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374 2011-07-07 25 In local curr In S$ In US$ dy yr dy yr dy yr Jul 5 Index Change Change Change Change Change Change World Index Preliminary 922.3 -0.2 2.7 -0.1 0.7 -0.2 5.1 EAFE Preliminary 794.8 -0.2 -0.8 -0.1 -0.4 -0.3 3.9 Europe Preliminary 1179.9 -0.2374 words
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Article77 2011-07-07 25 CRUDE OIL PRODUCTS Jul 5 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 113.25 1.92 WTI (Near Mth) 96.82 1.87 Dubai (1-Mth F) 105.62 -0.42 Tapis blend 116.29 0.26 Minas 113.39 0.26 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 100.67 0.61 Jet Kerosene 123.65 -1.10 US$/barrel Opec Oil77 words
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Article107 2011-07-07 25 Jul 5 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 11 1332.25 1322.25 1340.00 1322.00 Aug 11 1322.25 1312.75 1329.75 1312.00 Sep 11 1317.00 1309.50 1325.25 1308.00 Nov 11 1318.00 1312.50 1328.50 1309.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Jul 11 55.10107 words
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Article79 2011-07-07 25 Jul 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 06.10.2011 0.31 1-Year BY*****X 02.05.2012 0.41 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.67 5-Year N*****0W 1.125 01.04.2016 100.74 100.85 100.75 10-Year NX*****X79 words
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Article448 2011-07-07 25 Jul 6 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep11 99.6350 0 5983 Dec11 99.5500 0 4486 Mar12 99.4950 0 1578 Jun12 99.3950 0 1884 EUROYEN TIBOR FUTURES Sep11 99.6650 0 1333 Dec11 99.6625 0 1392 Mar12 99.6550 0 1823 Jun12 99.6400 99.6400 99.6400 99.6450 10448 words
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Article149 2011-07-07 25 Jul 6 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Aug 11 478.0 477.0 477.0 8 157 Sep 11 478.0 478.0 478.0 5 387 Oct 11 474.5 473.0 473.0 9 389 Nov 11 338 Dec 11 474.0 472.0 472.0149 words
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Article, Illustration75 2011-07-07 25 As on 5 July 2011 www.smx.com.sg For membership please contact: Ivan Han, DID +65 9098 8455 membership@smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Cash Aug-11 1507.8 1494.9 1502.7 1494.7 Silver Cash Sep-11 34.515 34.515 34.515 34.13 CURRENCY Euro-US Dollar Sep-11 1.4467 1.4426 1.443775 words
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Article121 2011-07-07 25 As at 9am Jul 06 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.355 1.279 Can dollar 1.3 1.25 Euro 1.807 1.738 Sterling pound 2.01 1.933 NZ dollar 1.044 0.995 US dollar 1.245 1.198 Local dollars to 100 units of foreign121 words
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Article27 2011-07-07 25 Jul 6 Open High Sett STI Jul 3114 SIMSCI Jul 363.0 363.8 360.4 Taiwan Jul 301.7 305.5 304.4 Source: MF Global (S) Pte Ltd27 words
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2401 2011-07-07 25 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 25.5 1 150 21 5.69 34 ASJ Hldgs W*****1 1.5 1 4 38 2.67 7 AlliedTech W*****2 1.9 1 4 28 Asia Water Tech Ltd W*****8 3 -12,401 words
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Article178 2011-07-07 25 Jul 6 $S Offer Bid 0vernight 0.05 0.01 1-month 5/16 1/16 2-months 3/8 1/8 3-months 7/16 3/16 Overnight mode: 0.05 US$ Offer Bid 7 days 0.25 0.15 1 month 0.28 0.18 2 months 0.32 0.22 3 months 0.36 0.26 6 months 0.47 0.37 9 months 0.70 0.50 12178 words
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Article462 2011-07-07 25 Jul 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.030 6.918 0.744 8.325 47.516 91.351 0.866 11.376 3.219 1.295 91.811 45.882 1.313 7.220 0.900 30.857 32.611 0.668 1.070 Canada 0.970 6.713462 words
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Article85 2011-07-07 25 Jul 6 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths85 words
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Article139 2011-07-07 25 Jul 6 GOLD (US$/oz) Jul 05 Jul 06 Hong Kong 1499.30 1517.50 Jul 04 Jul 05 London 1495.39 1508.58 1496.21 1509.42 Source: Thomson Reuters CAST BAR Jul 06 (S$) Selling Buying Kilobar "63,939.99" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 143 60 5gm 407 298 10gm 726139 words
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Article70 2011-07-07 25 Jul 5 5 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2544.25 2480.25 3 months 2575.00 2511.00 Copper, Grade A (US$/tonne) Cash 9522.25 9138.50 3 months 9540.00 9455.00 Lead (US$/tonne) Cash 2689.75 2673.00 3 months 2700.00 2684.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash70 words
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Article154 2011-07-07 25 Jul 6 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3125 1.3140 1.0695 1.0700 Canadian dollar 1.2737 1.2750 1.0379 1.0383 Euro 1.7637 1.7650 1.4372 1.4373 NZ dollar 1.0137 1.0149 0.8260 0.8265 Sterling pound 1.9659 1.9675 1.6019 1.6022154 words
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Article22 2011-07-07 25 Jul 6 S$ Bid Offer 1-month 1.2272 1.2280 2-months 1.2271 1.2280 3-months 1.2271 1.2279 6-months 1.2266 1.2274 Source: OCBC22 words
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Article65 2011-07-07 25 Jul 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Jul 11 3072 3034 3072 3030 401 2110 Aug 11 3035 3038 3056 3029 1226 ***** Sep 11 3023 3029 3051 3016 ***** ***** Oct 11 3023 302865 words
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Article82 2011-07-07 25 Jul 5 COCOA (£/tonne) Close Prev High/Low Jul 11 2000 1980 2002/1966 Sep 11 2023 2003 2027/1992 Dec 11 2046 2032 2050/2016 Mar 12 2062 2048 2063/2032 COFFEE (US$/tonne) Close Pev High/Low Jul 11 2423 2424 2433/2400 Sep 11 2465 2466 2488/2441 Nov 11 2490 unch 2512/2464 Jan 1282 words
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Page 26 Advertisements
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BizIT THE BUSINESS OF INFOCOMM TECHNOLOGY
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646 2011-07-07 26 VICTORIA HO - They can better execute the daily deal model with their large customer bases, reports VICTORIA HO reports VICTORIA HO FIRST, Groupon made headlines with its astronomical revenues of US$700 million last year, with US$2 billion projected for this year. And then the646 words
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298 2011-07-07 26 VICTORIA HO - By VICTORIA HO [SINGAPORE] The government is keen to court third party applications developers to use its data in order to serve the public, according to the Ministry of Finance (MOF). An MOF spokesman told BizIT the team that set up data.gov.sg will be298 words
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Article399 2011-07-07 26 AMIT ROY CHOUDHURY - By AMIT ROY CHOUDHURY [SINGAPORE] As part of its IT mobile strategy, Sony on Tuesday announced the launch of its new Vaio Z Series, a high-end mobile PC series targeted at mobile professionals. Talking to BizIT, Kunimasa Suzuki, president of the Vaio Mobile Business Group,399 words
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Page 27 Advertisements
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Advertisement158 2011-07-07 27 Daisy Apartments 100% Owners’ Consent Land 13,621 sf; FH; GPR 1.4; 5 stys Walking distance to Woodleigh MRT Close to nex Mall Serangoon Ctrl NearAust. &American int’l schools Potential for 42 apts of ave. 500 sf Tender Closing on 3 Aug 2011 (Wed), 2.30pm huiling@credo.com.sg (CEA Regn No: R*****0 J)158 words
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PROPERTY
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Article, Illustration542 2011-07-07 27 It is also forming a joint venture with seller AXA to provide asset management services Reuters [PARIS/OSLO] Norway’s US$584 billion sovereign wealth fund is spending US$1 billion buying prime Paris property from French insurer AXA and is eyeing real estate inReuters; BLOOMBERG - 542 words
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1642 2011-07-07 27 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED Marina Bay Residences Apt 08/06/2011 99 710 1680 2366 The Clift Apt 08/06/20111,642 words
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Article, Illustration383 2011-07-07 28 Property websites say fall since 2007 peak is about 40% to 50% Xinhua [DUBLIN] Property prices in Ireland continue to fall, according to studies by two Irish property websites published on Tuesday. My Home.ie said property prices fell 4 per cent between April andXinhua; BLOOMBERG - 383 words
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487 2011-07-07 28 The new law will further weaken finances of local bodies: Moody’s Reuters [NEW YORK] New York state’s new property tax cap might further pressure counties, cities, towns and school districts already struggling with lower tax revenue and higher expenses in theReuters - 487 words
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Article162 2011-07-07 28 AFP [LONDON] British house prices rose by 1.2 per cent in June from the level in May, data from a major home-loans provider showed yesterday. However, they slumped by 3.5 per cent in June compared with 12 months earlier, according to figures from mortgageAFP - 162 words
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Article, Illustration380 2011-07-07 29 KALPANA RASHIWALA - By KALPANA RASHIWALA ABOUT two weeks after Hong Kong movie superstar Jackie Chan and singer/song writer Wakin Chau picked up three apartments at the Twin Peaks condo project at Leonie Hill Road, Singapore-born Mandopop idol JJ Lin has followed suit. The 30-year-oldAFP, FILE PHOTOS - 380 words
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383 2011-07-07 29 EMILYN YAP - 7.1% and 6.4% respective increases in Q2 largest since Q1 2008 By EMILYN YAP RENTS for prime factories and warehouses shot up in the second quarter, posting the fastest quarterly growth in three years on the back of a healthy economy and a tighter383 words
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Page 28 Advertisements
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Advertisement192 2011-07-07 28 ii I ~-2ES*_ No house will ever meet all expectations. But there is a room that will. I3ll D FT 5^ I Uncompromisingly professional. The new Vario cooling 400 series. The new Vario cooling 400 series is variable and flexible, so it can cater for even the most exacting of192 words
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Advertisement35 2011-07-07 28 027 5 STAD Pen'aga PI Ai^ rm J Nlce des/on K^agSKs?? A1 IDEAL HOME Check this out and many other properties in CATS Classified in The Straits Times now! WATS BUY IT-SELL IT• FIND IT35 words
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Page 29 Advertisements
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Advertisement279 2011-07-07 29 Freehold Prime Residential Site in D10 (Crystal Tower) Raffles Singapore Town Chinese Girls' Club Sch BUK,T TIMAH RD AngloChinese Sch (Barker Rd) Stevens «7 :^ON Rd Subject Site Balmoral Plaza 4? iS> A The ls<t- P' nes *0 Kc-. A/g T O £0 Goodwood Residences Newton O Newton MRT Circus279 words
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Advertisement266 2011-07-07 29 Tuas Food Factory for Sale! A purpose-built detached factory easily accessible via AYE Excellent corporate facade Comes with cold room, freezer and central kitchen Call: Lei Ling *****761 (CEA Reg No. R*****5H) Land area: Approx. 40,000 sft Gross Floor Area: Approx. 60,000 sft Tenure: JTC lease Balance 46 years Agency266 words
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Article, Illustration1083 2011-07-07 30 Jean Nouvel’s main inspiration is French philosopher Michel Foucault, known for his critical studies on social institutions A SPECIAL FEATURE BROUGHT TO YOU BY INSPIRATION can come from anywhere. But if like for architect Jean Nouvel it comes from existentialism and nihilism, you can be certainGASTON BERGERET VIA BLOOMBERG; M. GASMI - 1,083 words
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Page 30 Advertisements
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Advertisement136 2011-07-07 30 boulevard rFeaturing 28 stunning bespoke residences located in Orchard Road. Designed by Takashi Sugimoto of Super Potato Tokyo, Boulevard Vue's distinctive glass-sheathed architecture evokes instant status and recognition. Be the limited few to know. V ifcl nijjj For a private viewing of the Boulevard Vue sales gallery at the corner136 words
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