The Business Times, 27 September 2011

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Microfilm: NL31621
Total Pages: 34
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Tuesday, September 27,
    23 words
  • Article
    Lock icon Commodities take a ride on the wild side in Asia
    823 1  -  But stock markets stabilise in Europe and in early US trading on hopes of constructive eurozone moves By MICHELLE QUAH [SINGAPORE] Commodity prices went on a roll-er-coaster ride in Asia yesterday, as investors vacillated between fear and hope over concerted
    823 words
  • Article, Illustration
    Lock icon Edmund Koh joins UBS, puts ‘shock’ behind him
    669 1  -  Veteran banker was taken aback by trading scandal but appears unfazed By SIOW LI SEN [SINGAPORE] UBS has managed to snare top banker Edmund Koh to run its Singapore private bank business. It’s a morale booster for the Swiss bank as it
    669 words
  • Article
    Lock icon MARKETS DIGEST
    143 1 HST INDEX 2,654.31 (-44.49) HST INDEX FUTURES 2,654.00 (-45.00) HSIMSCI 306.20 (-5.49) HSIMSCI FUTURES 306.90 (-4.60) FOREX US$ S$ US$ (S$ per US$) 1.305 (US$/S$ per 1.546 2.018 EURO (US$/S$/E) 1.344 1.754 Foreign currency per US$ S$ YEN 76.50 58.60 RM 3.189 2.443 HK$ 7.801 5.976 BAHT 31.18
    143 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Now make that the ‘Big Four’, says Citibank
      864 2  -  Setting up subsidiary for consumer ops a masterstroke, says Citi S’pore chief By EMILYN YAP [SINGAPORE] There were three local banks, but there are now four. And going local has turned out to be probably one of the best business decisions Citi
      YEN MENG JIIN  -  864 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      575 2 Shadows deepen over commodity, equity markets COMMODITY prices went on a roller coaster ride yesterday, as global markets vacillated between fear and hope over concerted efforts to contain Greece’s debt crisis and save Europe and the world economy from another recession. Oil fell to levels not seen in
      575 words
    • Article
      Lock icon Industrial output up 21.7% on pharma growth
      577 4  -  But excluding 146% surge in biomed, August output shrinks 10.5%, led by 21.9% fall in electronics By TEH SHI NING [SINGAPORE] Industrial production rose 21.7 per cent in August from a year ago, far exceeding market expectations. But the dampener was in the
      577 words
    • Article
      Lock icon Sistic tells why it’s not dominant player
      992 4  -  Landmark appeal has implications for competition laws By GRACE LEONG [SINGAPORE] Ticketing giant Sistic is appealing a hefty fine and other sanctions by the Competition Commission of Singapore (CCS) in what lawyers call a landmark case that may have implications for Singapore’s nascent
      992 words
    • Article, Illustration
      Lock icon Going to infinity and beyond for US$95,000
      746 4  -  By NISHA RAMCHANDANI [SINGAPORE] There are trips and then there are high-flying trips. A Singaporean entrepreneur is one of 35 that has signed up so far for space travel company Space Expedition Curacao’s (SXC) astronomical adventure, which could make him one of the
      746 words
    • Article
      Lock icon Eurozone officials dismiss reports of debt crisis plans
      446 4 Reuters [BRUSSELS] Eurozone officials played down reports yesterday of emerging plans to halve Greece’s debts and recapitalise European banks to cope with the fallout, stressing that no such scheme is yet on the table. Europe came under fierce pressure from the United
      Reuters  -  446 words
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      138 3 SarasIN From Every Angle we Construct a Sustainable Vision for Your Wealth As a leading Swiss private bank and pioneer in the field of sustainable investment, Sarasin is known for its innovative approach. It's part of our heritage to consider private banking from every angle to construct a wealth management
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      193 4 Wm NANYANG TECHNOLOGICAL UNIVERSITY Nanyang Business School 1 J A Take your Business Skills to the KmS [Jevel NANYANG EXECUTIVE PROGRAMMES Management Programme Berkeley-Nanyang Advanced Management Programme* 10 21 Oct 2011 (NTU, Singapore) 5 1 6 Mar 201 2 (UC Berkeley, USA) 2-day Programmes Gain the edge!® Negotiation(AewT) Strategies for
      193 words
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  • COMPANY NEWS
    • Article
      Lock icon SGX among three potential suitors for LME: report
      596 5  -  World’s largest metals trading exchange evaluating the bids By JAMIE LEE EVEN as the Singapore Exchange (SGX) appears to have shelved its merger and acquisition plans for now after the abortive attempt last year to take over the Australian stock exchange its
      596 words
    • Article
      Lock icon HK, S'pore IPO aspirants turn hesitant amid turmoil
      450 5 Reuters [HONG KONG] IPO hopefuls that have lined up in record numbers to go public in Singapore and Hong Kong this year are giving up listing plans for now as investors’ appetite for stocks vanishes and the window for new share-sales closes.
      Reuters  -  450 words
    • Article
      Lock icon Costs key as exchanges battle Down Under
      545 5  -  HOCK LOCK SIEW By R SIVANITHY COMPETITION, it is widely believed, is usually beneficial because it brings with it innovation, fresh ideas and lower costs to consumers. In the case of the Australian stock market, this was the rationale that underpinned the government’s
      545 words
    • Article
      Lock icon Corporate governance in global context
      587 7  -  New centre to help develop directors, bridging East-West best practices Reports by LYNETTE KHOO THE new Stewardship Corporate Governance Centre (SCGCentre) launched yesterday aims to help build up a pool of directors who are fit to serve on the boards of companies in Singapore and
      587 words
    • Article, Illustration
      Lock icon Dual-class doesn’t mean poor governance
      328 7 A DUAL-CLASS share structure does not necessarily reflect poorly on the quality of a company’s governance, said Temasek executive director and president Hsieh Fu Hua. It would depend on the specific requirements of a company, he added. There has been recent interest in dual classes
      328 words
    • Article
      Lock icon Expect 30% downside if crisis hits: DBS analysts
      465 9  -  MARKET VIEWS By JAMIE LEE THE Asian markets have not priced in the worst case scenario of a global financial crisis, with a downside of some 30 per cent that could still be at play if a crisis fuelled by eurozone debt
      465 words
    • Article
      Lock icon S’pore seen as defensive market as turmoil rules
      447 9  -  By MICHELLE TAN AS the bloodbath continues in equity markets across the region, the fundamentally strong ones start to stand out from the crowd, and market selection becomes as important as stock selection. Notably, Singapore is starting to emerge as a choice
      447 words
    • COMPANY BRIEFS
      • Article
        Lock icon Broadway, US firm in convertible loan deal
        106 9 BROADWAY Industrial Group has entered into a US$1 million convertible loan agreement with Insituvue Inc, a US medical technology company. Insituvue is commercialising a new medical device known as the Sonic Flashlight, which will give medical professionals a better view during interventional procedures.
        106 words
      • Article
        Lock icon ComfortDelGro wins cover design award
        75 9 COMFORTDELGRO Corp has won the grand prize for cover design at the 25th International ARC Awards in New York becoming the first Singapore company to do so. According to the company, the ARC Awards are widely acknowledged as the most prestigious in the annual report
        75 words
    • Article, Illustration
      Lock icon Centurion banking on workers’ dorms
      595 9  -  It aims to be a pan-Asian workers’ housing and hospitality group By VEN SREENIVASAN SM Summit, a former CD maker, will soon emerge as the region’s premier builder and operator of workers’ dormitories, housing some 100,000 beds in Singapore, Malaysia and China. Renamed Centurion Corporation
      595 words
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      187 7 V.S ,.y. eees «s£ j*" ]2£ v V>M> I *N >%•& VX r*v> ,\k V X W&X "X" Ptfvt., Vs V 1 I V, v lb!% x Swiss quality also stands for knowledge. Ensuring your success with global mailings. Swiss Post offers you cross-border mailing options to make your business
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Euro, US fears still calling the shots
      535 8  -  STI plunges, then pares losses as Europe opens firm and Dow futures see marginal rise STOCKS R SIVANITHY Senior Correspondent MOVEMENTS in the Straits Times Index (STI) were yesterday directed by expectations of how Europe and the US would perform, given the former’s
      Source: Bloomberg  -  535 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 0 12 2 0 0 0 0 12 2 Manufacturing 20 104 25 0 6 5 20 110 30 Commerce 11 38 8 2 5 4 13 43 12 Tpt/Stor/Comms 6 28 6
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 30,398 30,398 120,358 120,358 Manufacturing 170,449 6,530 176,979 183,570 138 183,708 Commerce 157,778 2,060 159,838 210,118 192 210,310 Tpt/Stor/Comms 175,919 1,512 177,431 231,331 199 231,531 Finance 25,274 100 25,374 249,211 21 249,231 Construction 50,790 45,292
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 8 Stock name Close Change CapMallsAsia 1.200 -0.020 CapitaLand 2.480 -0.050 CapitaMall 1.845 -0.065 CityDev 9.750 -0.150 ComfortDelGro 1.315 DBS Grp 11.790 -0.280 F&N 5.770 +0.070 GLP 1.655 -0.005 Genting SP 1.605 -0.030 Golden Agri 0.630 -0.030 HK Land 4.370 -0.230 JMH 45.200 -0.390 JSH 25.030 -0.170
      112 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 8 Sep 26 VALUE CLOSE BT OB/OS -714.00 -61.00 BT CADI -*****.00-320.00 BT 10-day MA -*****.00 -71.00 FTSE ST Mid Cap 594.84 -18.47 FTSE ST Small Cap 414.89 -12.02 FTSE ST All Share 639.63 -12.63 FTSE ST China Top 183.11 -6.76 FTSE ST China 217.62 -6.52 FTSE ST
      65 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 8 VOLUME Golden Agri 137,075,000 Genting SP 136,547,000 Noble Grp 61,973,000 TopGlobal 42,062,000 Sheng Siong 35,559,000 HPH Trust US$ 35,248,000 SingTel 30,394,000 STXOSV 25,207,000 Yangzijiang 23,035,000 NexGenSCom 20,914,000 VALUE($) Genting SP 216,934,824 SingTel 93,474,483 UOB 87,184,280 Golden Agri 86,918,200 Noble Grp 86,149,745 Keppel Corp 83,300,370 DBS Grp 73,622,510
      58 words
    • BROKERS’ TAKE
      • Article, Illustration
        Lock icon Marco Polo Marine
        323 8 Sept 26 close: $0.385 KIM ENG RESEARCH, Sept 26 MARCO Polo Marine’s (MPM) share price has risen by about 20 per cent from its low of $0.32 last month, buoyed by a slew of new order wins and regulatory approval for its offering of Taiwan Depositary Receipts
        Source: Bloomberg  -  323 words
      • Article
        Lock icon Glossary:
        118 8 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 NAV net asset value 9M nine months P/B price/book value (ratio) PE price/earnings (ratio) Q1, Q2, Q3 first, second, or third quarter
        118 words
      • Article
        Lock icon Swiber Holdings
        176 8 Holdings Sept 26 close: $0.505 DMG RESEARCH, Sept 26 SWIBER boosted its order book to a record high level of US$932 million upon securing a US$155 million EPIC project in South Asia. While top line growth is anticipated to sustain with more order wins, falling gross margin and
        176 words
      • Article
        Lock icon Singapore technology sector
        277 8  -  Singapore technology DBS GROUP RESEARCH, Sept 26 Compiled by JOYCE HOOI WE sense from recent channel checks that the supply chain is slowing down significantly as hardware customers lower buildplans and push back equipment orders. However, despite the weaker than expected run-rate, costs have remained high, especially
        277 words
    • Article, Illustration
      Lock icon Euro recovers, but doubts over EU steps linger
      579 8 CURRENCIES Reuters [LONDON] The euro bounced back from an eight-month low against the dollar and a 10-year trough versus the yen yesterday, helped by a bet-ter-than-expected German sentiment survey and speculation of more support from the European Central Bank. But with little
      Reuters; REUTERS  -  579 words
    • Article
      Lock icon RISES
      107 8 BY CENTS CLOSE UP DBXT E50 10US$ 3101 61.3 1.5 UOB 5.05%NCPS 100 ***** 26.0 0.2 STI 3150BPePW*****8 100 10.0 11.1 DBS Bk 4.7% NCPS 100 ***** 8.0 0.1 F&N 577 7.0 1.2 DelongH 34 5.0 17.2 STI 2750BPePW*****9 48 4.5 10.3 STI 2850BPePW*****9 51 4.5 9.7 Total Access
      107 words
    • Article
      Lock icon FALLS
      121 8 BY CENTS CLOSE DOWN GLD 10US$ ***** -1463 -6.6 DBXT Nifty 10US$ 9820-969.8 -7.0 Lyxor AsiaCS 10US$ 4592-781.8 -11.5 DBXT MSKorea 10US$ 4453-211.4 -3.5 DBXT MSUSA 10US$ 2724-199.7 -5.3 DBXT MSEurope 10US$ 3582-159.2 -3.3 DBXT S&P500 10US$ 1808-143.6 -5.7 DBXT MSAsExJp 10US$ 2541-125.3 -3.6 DBXT MSTHAI 10US$ 1372-114.9 -6.0
      121 words
    • Article, Illustration
      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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      275 9 SAXO CAPITAL MARKETS A TRADER'S BEST CALL A A A A A A A A k ?ST ?r ?r ?r ?c?c ?c ?c ?c Best Speed of Execution Best Research and Analytics Best Effective Risk Management and Execution Strategies Best Integrated Workflow and Compliance Solutions Best Improved Overall Market Share
      275 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Singapore eyes emerging markets to spur growth
      547 10  -  Hng Kiang says emerging markets are large, diverse, and exciting RUSSIA-SINGAPORE BUSINESS FORUM By CHUANG PECK MING SINGAPORE’S economic success has always rested on its business ties with developed countries and neighbours in the region. But now, Singapore is also turning to the
      547 words
    • Article
      Lock icon A link between Russia and Asia
      397 10  -  By TEH SHI NING SINGAPORE can play a key role as broker between Russia and Asia, particularly as a bridge to China, panellists at the Russia-Singa-pore Business Forum said yesterday. Opportunities for collaboration exist in areas such as infrastructure, technology, and in efforts to
      397 words
    • Article, Illustration
      Lock icon Working with business to create business
      418 10  -  By CHUANG PECK MING With the US economy stalling and many Americans out of work, it would be helpful if the country’s exports were given a little push. And that’s how US Assistant Secretary of Commerce for Trade Promotion Suresh Kumar’s trip to Singapore,
      ARTHUR LEE  -  418 words
    • Article
      Lock icon Sports Hub to open its doors by April 2014
      266 10  -  By DOLLY CHIA IT has been confirmed that the Singapore Sports Hub will open its doors by April 2014. Difficult aspects of the project have been resolved and the project is expected to run smoothly from now; there will not be
      266 words
    • Article, Illustration
      Lock icon Lanxess set to tie up biomass feedstock deal
      688 10  -  Supplier Gevo looks for site in Asia for manufacturing plant Reports by RONNIE LIM GERMANY’S Lanxess is set to sign a long-term biomass feedstock deal by year-end with US biomass company Gevo, with this potentially helping Singapore’s “bio-mass-to-chemicals” plan take root on
      688 words
    • Article
      Lock icon Groundbreaking for 2nd plant set for Q2 next year
      533 10 WITH demand for high-per-formance synthetic rubbers remaining strong, defying the economic ill-winds blowing in Europe and the US, Germany’s Lanxess is staying on course with its recently-announced, second Singapore investment, the 200 million euro (S$350.7 million) Nd-PBR plant on Jurong Island,
      533 words
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  • SME Inc
    • Article, Illustration
      Lock icon Toward a sustainable future
      916 11  -  ETH Enterprise is the only Singapore company to use 100% sustainable, certified materials for their pallets and crates, reports MINDY TAN BEYOND ensuring that their wood is logged from sustainable forests, home-grown ETH Enterprise is the first in Singapore to try to work out how much
      916 words
    • Article, Illustration
      Lock icon From the bottom to the very top
      1181 12  -  Growing out of humble beginnings, Grandwork Interior now does custom interior fittings for luxury retailers, report THERESIA CUDORI, DANIEL LING and CHRIS WENG report THERESIA CUDORI, DANIEL LING CHRIS WENG The writers are students of NUS Business School IF you have visited the
      ARTHUR LEE  -  1,181 words
    • Article
      Lock icon A question of office relationship
      508 12 ASK NUS PROFS Q: I have a question on office relationships. I noticed that a supervisor has become quite close to her subordinate at my workplace. Everyone in the office has noticed them going for lunch together, sharing private jokes and even leaving the office
      508 words
    • Article, Illustration
      Lock icon Constructing the future
      966 12  -  Lian Soon has grown from a construction firm to a multi-industry business group By FOO WEI MING ANTONIO, GOH KENG GUAN RONALD, LIEW YIK MING WALKING along Lower Kent Ridge Road at the east end of the Kent Ridge Campus of the National University of Singapore, one
      ARTHUR LEE  -  966 words
    • Article, Illustration
      Lock icon How to beat the jobs blues
      1435 13  -  Retrenchment is common in these challenging times but there are ways to stay on top of your job COMMENTARY By PAUL HENG The writer is founder/executive coach at NeXT Corporate Coaching Services IT LOOKS like the business world is about to go through some
      STOCK.XCHNG  -  1,435 words
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  • ECONOMY WATCH
    • Article
      Lock icon Debt crisis hits German business confidence
      494 14 Ifo business climate index falls to lowest level in more than a year this month AFP [FRANKFURT] Prospects for the German economy, the eurozone’s biggest, are clouding over, with the debt crisis and financial market turmoil hurting business confidence, data showed yesterday. The closely-watched
      AFP  -  494 words
    • Article
      Lock icon BOE defends inflation target
      270 14 Policymaker says global environment may help restrain price pressures Bloomberg [LONDON] Bank of England policymaker Ben Broadbent said that UK inflation expectations remain under control, while Europe’s debt crisis and the cooling global recovery may restrain price pressures. “I see little evidence that, so far at
      Bloomberg  -  270 words
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      3424 14 L.C. DEVELOPMENT LTD (Company Registration No.: *****1118N) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 39thAnnual General Meeting of the Company will be held at Rendezvous Hotel Singapore, Straits Ballroom 2 3, Level 2, 9 Bras Basah Road, Singapore *****9 on
      3,424 words
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      259 15/18 Safest Bank in Asia Global Finance in 2009, 2010 and 2011 Best Bank in Singapore Euromoney, FinanceAsia and Global Finance in 2010 Best Local Private Bank in Singapore for 5 consecutive years Euromoney Private Banking Poll (2007 2011) Best Wealth Management House in Singapore The Asset Triple A Investment Awards
      259 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon M’sia inflation may have peaked: Bank Negara
      605 19 Price pressures could ease as world economy deteriorates Bloomberg [WASHINGTON] Malaysia’s inflation has probably peaked and price pressures may ease as the global economy deteriorates, central bank governor Zeti Akhtar Aziz said, joining neighbours in signalling less pressure to tighten policy. “Right now,
      Bloomberg  -  605 words
    • Article
      Lock icon Indonesia acts to halt declining tin prices
      306 19 Bloomberg [JAKARTA] Bangka Belitung, the biggest tin producing province in Indonesia, discussed suspending exports yesterday to stem a slide in the metal prices, two industry executives said. Governor Eko Maulana Ali met tin producers last night to discuss the decline in prices and
      Bloomberg  -  306 words
    • Article
      Lock icon Freeport strike continues, but some workers return
      274 19 Reuters [JAKARTA] About 4,200 workers at Freeport McMoran Copper Gold Inc’s Indonesian mine, mainly contractors and non-union staff, have returned to work, allowing some mining to resume, but around 8,000 remain on strike, the firm’s spokesman said yesterday. Spokesman Ramdani Sirait declined to
      Reuters  -  274 words
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      206 19 GARUDA INDONESIA i >/■ BUSINESS CLASS SPECIAL 1-FOR-1 SSI,018 Return Airfare from Singapore to Jakarta Bali Makassar SSI,018 SSI,528 Terms Conditions All fares listed above are available for sale from now till 31 October 2011 subject to seat availability. Above fares are inclusive of taxes and fuel surcharges for travel
      206 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon No change to China’s economic policies: PBOC
      478 20 China’s challenge is in coping with massive liquidity, officials say [SHANGHAI] China’s central bank chief said yesterday that policies aimed at dousing inflation will be kept in place and urged European nations to act to resolve the region’s protracted debt crisis. People’s Bank
      AP  -  478 words
    • Article
      Lock icon China’s richest man may join central committee
      308 20 Construction tycoon Liang Wengen is worth US$9.3b AFP [BEIJING] China’s richest man could become the first private business owner to join the Communist Party’s powerful central committee, state media reported yesterday. Construction tycoon Liang Wengen topped Forbes magazine’s annual list of China’s richest
      AFP  -  308 words
    • Article
      Lock icon India has no plans to restrict capital outflows: govt official
      352 20 Reuters [NEW DELHI] India has no plans to tax or impose restrictions on capital outflows, a top finance ministry adviser said yesterday, adding, the government will instead focus on liberalising fund inflows into the economy, particularly via overseas borrowing. Foreign
      Reuters  -  352 words
    • Article
      Lock icon Fresh graft charge for Indian ex-minister
      229 20 AFP [NEW DELHI] Investigators filed a new charge yesterday against the former minister at the centre of allegations about a high-level government corruption scandal that lost India up to US$40 billion in revenues. A Raja, who is being held in custody in a New
      AFP  -  229 words
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  • WORLD
    • Article, Illustration
      Lock icon Russian political row raises reform fears
      598 21 Investors worried finance minister’s departure will dilute budget controls Reuters [MOSCOW] A revolt by Russia’s finance minister over Vladimir Putin’s plan to swap places with President Dmitry Medvedev deepened concerns yesterday about reforms and raised the possibility of a battle over policy and the
      Reuters; REUTERS  -  598 words
    • Article
      Lock icon Apple cuts iPad vendors’ orders
      197 21 Bloomberg [BEIJING] Apple Inc is cutting orders to vendors in the supply chain for its iPad tablet computer, a move that may result in slower sales for companies including Hon Hai Precision Industry Co, JPMorgan Chase Co said in a report. Several supply-chain vendors indicated
      Bloomberg  -  197 words
    • Article
      Lock icon Merkel says Greece needs firewall
      446 21 She rejects idea of Greece leaving the euro area Bloomberg [BERLIN] German Chancellor Angela Merkel said eu-ro-region leaders must erect a firewall around Greece to avert a cascade of market attacks on other European states that would risk breaking up the currency area. Expanding the
      Bloomberg  -  446 words
    • Article
      Lock icon Deloitte sees M&As among Europe’s retailers
      207 21 Bloomberg [LONDON] Europe will see more mergers and acquisitions among clothing and houseware retailers as economic woes weigh on consumer spending, said Ira Kalish, a research director at Deloitte LLP. Retail consolidation will take place more among non-food retailers because grocery chains are already
      Bloomberg  -  207 words
    • Article, Illustration
      Lock icon Spanish PM calls early poll as crisis festers
      604 22 Vote set for Nov 20; People’s Party of Mariano Rajoy may win a majority Bloomberg [MADRID] Spanish Prime Minister Jose Luis Rodriguez Zapatero called early elections as polls show voters will ditch his Socialist party over its handling of the debt crisis
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    • Article
      Lock icon Berkshire Hathaway in rare buyback; shares spike
      344 22 Reuters [NEW YORK] Warren Buffett’s conglomerate Berkshire Hathaway said that it will launch a share buyback programme, an extremely rare move from Mr Buffett that comes after months of investor com- plaints that the stock was undervalued. Some long-time investors have argued that
      Reuters  -  344 words
    • Article
      Lock icon New home sales fall to 6-month low in August
      519 22 LATEST US DATA Bloomberg [WASHINGTON] Purchases of new houses in the US declined in August to a six-month low as the biggest drop in prices in two years failed to lure buyers away from even less expensive distressed properties. Sales, tabulated
      Bloomberg  -  519 words
    • Article
      Lock icon ECB said to consider restarting covered-bond purchases
      547 22 Bloomberg [MADRID] European Central Bank policymakers are likely to next week debate restarting their co-vered-bond purchases along with further measures to ease monetary conditions, a euro-region central bank official said. The reintroduction of 12-month loans to banks will also be discussed at the
      Bloomberg  -  547 words
    • Article
      Lock icon Japan’s Tepco yet to decide on debt waiver requests
      400 23 Utility battling Fukushima radiation will submit business plan to govt in Oct Reuters [TOKYO] Tokyo Electric Power Co has yet to decide whether to ask lenders to waive some of their debt for a restructuring plan that needs government approval next
      Reuters  -  400 words
    • Article, Illustration
      Lock icon Ex-BP boss quits Russian joint venture
      299 23 AFP [MOSCOW] Tony Hayward, the former head of BP who stepped down after the Gulf of Mexico oil spill catastrophe, is leaving his post on the board of its Russian joint venture TNK-BP, the company said yesterday. Mr Hayward, who came under huge criticism
      AFP  -  299 words
  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      186 21 Thank you for letting us be part of Singapore for the past 80 years Our commitment to help continues at full swing. prudential QW'ty Golf TOUmSfTISnt C«n», r 1 O S££ P f *5 F5 Wt l xl This year marks our 80th anniversary, a milestone which you've helped us
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      236 22 High Commission of India, Singapore High Commission of India, Singapore and Federation of Indian Chambers of Commerce Industry, New Delhi invite you to attend a seminar on FICCI Federation of Indian Chambers of Commerce Industry, New Delhi GING UNIT THE PHARMACEUTICALS SECTOR The pharmaceutical industry in India is valued at
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      76 22 Celebrate Diwali at Rang Mahal This Diwali, Rang Mahal presents filled with traditional handcrafted our tradition and pride for 4 decai najestic range of gift boxes A hallmark of It it flavours. ftp 1 The collection is available for purchase at Rang Mahal in Pan Pacific Marina. For corporate enquiries,
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      1705 23 MATS i f Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES IN THE MATTER OF THE COMPANIES, CHAPTER 50 AND IN THE MATTER OF Osaka Vacuum Chemical (Singapore) Pte Ltd Company Registration Number *****5871C (IN MEMBERS’ VOLUNTARY WINDING-UP) NOTICE OF RESOLUTIONS [(Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the
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      124 23 WIN SGD1000 worth of AirAsia Flight Vouchers! NEW FREQUENCIES! Fiy from Changi Terminal 1 Kuala Lumpur E 3X DA ALL-IN FARE ONE WAY FROM SGD Flight Schedule Book now till 2 October 2011 Travel now till 16 November 2011 Get your low fares only airasia.com CONVENIENCE AT YOUR FINGERTIPS Check
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  • EDITORIAL & OPINION
    • Article
      Lock icon KL has room for manoeuvre on budget
      517 24 EDITORIAL MALAYSIA is likely to record a sharply lower budget deficit than previously forecast when Prime Minister Najib Razak tables the budget on Oct 7. Last year, the premier, who doubles as the country’s finance minister, estimated that the deficit would come in
      517 words
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      Lock icon Global action needed for global recovery
      686 24  -  THE BOTTOM LINE CHRISTINE LAGARDE The writer is the managing director of the International Monetary Fund Project Syndicate THE global economy has entered a dangerous new phase. There is a path to sustained recovery, but it is narrowing. To navigate it, we need strong
      – Project Syndicate  -  686 words
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      Lock icon Asia’s richest investors turning to family offices
      1216 24  -  These companies, which are typically tailored to a family’s investment and personal needs, are benefiting at the expense of private banks By NETTY ISMAIL Washington Post STEPHEN Diggle, who co-founded a hedge fund that made US$2.7 billion for investors in 2007 and 2008,
      Washington Post; STOCK.XCHNG  -  1,216 words
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      Lock icon China to dominate even if not rich
      1752 25  -  On the growth front, its actions will largely determine the growth differential between the US and itself By ARVIND SUBRAMANIAN The writer is a senior fellow at the Peterson Institute for International Economics and at the Center for Global Development. This article is
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    • Article
      Lock icon Riding high on new technologies
      234 25 EVEN if the United States grows fast say, by 3.5 per cent other countries, such as China, may grow faster, too, leaving the basic picture of their relative economic power unaffected. In fact, when the pace of technological innovation in leading countries, such as the
      234 words
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      Lock icon Is the Eurozone on a death trip?
      823 25  -  PAUL KRUGMAN The writer is professor of economics and international affairs at Princeton University, and winner of the Nobel Prize in economics in 2008 NYT IS it possible to be both terrified and bored? That’s how I feel about the negotiations now under
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  • AVIATION
    • Article, Illustration
      Lock icon Boeing delivers 1st Dreamliner to All Nippon Airways
      833 26 It is Boeing’s bestselling new jet ever, with 821 orders from 56 customers Bloomberg [SEATTLE] Boeing Co handed over the first 787 Dreamliner yesterday to end more than three years of delays for a plane that the company says will become a
      Bloomberg; AFP  -  833 words
    • Article
      Lock icon New ‘e-gates’ can identify faces, irises of passengers
      488 26 But they will not spare people from routine screening AFP [SAN JOSE] Silicon Valleybased AOptix yesterday introduced new “e-gates” that recognise faces as well as irises of passengers before opening to let them board flights. “This is what we call the future
      AFP  -  488 words
    • Article
      Lock icon Tiger adds two Airbus jets to fleet
      272 26  -  By JOYCE HOOI [SINGAPORE] Tiger Airways is adding another two aircraft to its fleet, bringing it to 20 aircraft. The two new Airbus A320-232 airplanes will increase the airline’s capacity on its Asian routes and enable Tiger to fly to new routes, including
      272 words
    • Article
      Lock icon Review BA’s Heathrow slots purchase: Virgin
      354 26 Bloomberg [LONDON] Richard Branson, the billionaire owner of Virgin Atlantic Airways, called on regulators to vet the purchase of operating slots at London’s Heathrow airport by chief rival British Airways from Deutsche Lufthansa. Virgin will this week write to the UK Office of Fair
      Bloomberg  -  354 words
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      512 26 MATS NOTICES WORLDMARK PRODUCT IDENTIFICATION (SINGAPORE) PTE. LTD. (Company Registration Number *****2724C) NEWSPAPER NOTICE Notice is hereby given pursuant to Sections 76(10)(h) of the Companies Act, Chapter 50 of Singapore (the “Companies Act”), that the following resolutions were duly passed as Special Resolutions at an extraordinary general meeting of Worldmark
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  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      300 26 CRYPTIC CROSSWORD Across 1 The main issue is flavour (6) 4 Still on a rocking horse? (8) 9 Become aware of a trail left by boat heading for Norway (6) 10 Filter last of results in front of coach (8) 12 Master agents represented such powerful people (8) 13 Writer
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    2816 27 n BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com UEN NO. *****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
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  • SHIPPING
    • Article, Illustration
      Lock icon Manila port steps up nuclear security
      402 28  -  US funds US$26m upgrade of nuclear detection systems By in Manila ALEC ALMAZAN in Manila THE United States has poured in US$26 million to improve security measures at the Port of Manila to protect against illicit shipments of nuclear and other radioactive materials. The
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    • Article
      Lock icon Vietnam shipping firm paid US$2.6m in ransom
      265 28  -  Its crew was freed after being held by Somali pirates AFP [HANOI] A Vietnamese shipping firm paid more than US$2 million in ransom to free its crewmen held for months by Somali pirates, a company executive said yesterday after the sailors arrived home.
      AFP  -  265 words
    • Article
      Lock icon Hanjin Shipping tumbles on share sale
      228 28 Bloomberg [HONG KONG] Hanjin Shipping Co, South Korea’s largest shipping line, fell by the limit for a second day in Seoul after saying it plans to raise about 472 billion won (S$525.5 million) selling new shares next month. The company fell 15 per cent
      Bloomberg  -  228 words
    • Article
      Lock icon Maritime firms to struggle with credit squeeze
      449 28 Financing is harder amid recession fears except for offshoreenergy sector Reuters [SINGAPORE] With fears of a recession rising, the maritime industry will find it increasingly difficult to obtain financing for expansion over the next year, with the exception of the offshore-energy sector, industry
      Reuters  -  449 words
    • Article
      Lock icon CNOOC sees little need for Q4 spot LNG imports
      172 28 Reuters [CHENGDU] China’s CNOOC, the country’s largest LNG player, has little appetite for spot imports of liquefied natural gas for this winter, as a jump in Japanese demand following the March tsunami has tightened near-term supply and led to a surge
      Reuters  -  172 words
    • Article
      Lock icon TRANSPORT ST0CKS
      278 28 SGX '000 Sep 26 S$ +/-Vol CH Offshore 0.37 -0.02 228 Chuan Hup Hldg 0.21 unch 61 Cosco Corp 0.95 -0.05 ***** CWT Ltd 0.99 -0.01 578 Ezra Hldgs 0.88 -0.03 5856 First Ship Lea 0.29 -0.01 989 Freight Links 0.05 unch 974 Grand Banks unch unch 0
      278 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7811 29 Transaction date: Sep 26 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 12 8Telecom 12.5 7.8 4.9 2.6 59.9 9.5 4.5 A-Sonic 4.7 2.8 1.7 33.6 62.5 45 ABR Hldgs 55
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      Lock icon SGX CATALIST
      1377 30 52-wks Last Vol Day Last Quote Div Gr Yld Net M Cap High Low Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 34 13.7 t 800 Super 14.3 -0.3 100 14.3 14.3 14.2 14.3 4.7 3.8 5.5 25.6 5.5 3.7 t AA Grp 4 19 3.9
      1,377 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      10085 30 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.14/ APS Alpha Fund (USD)!** 0.88/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.57/ Aberdeen Asset Mgt Asia Limited American Opp 0.5714/ Asian Credit Fund
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      Lock icon GLOBALQUOTE
      227 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 34 AVJennings A44.5cd 3.6 7.9 3.6 115.9 53 29.5 Genting HK US$ US30.5 -1 ***** 31.5 29.5 30 30.5 2008.3 20.5 10 OGL Resources A$ A10
      227 words
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      Lock icon SGX ETF
      835 30 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 127 579.7 1261 856 CIMBAsean40 100US$ US856 -44 13 877 856 892 34.2 350 269 DBS STI ETF 100 271
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      374 31 In local curr In S$ In US$ dy yr dy yr dy yr Sep 23 Index Change Change Change Change Change Change World Index Preliminary 763.9 0.2 -14.9 -0.3 -13.6 0.4 -14.6 EAFE Preliminary 639.2 0.2 -20.2 -0.1 -18.4 0.5 -19.3 Europe Preliminary 923.4 0.5
      374 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 31 CRUDE OIL PRODUCTS Sep 23 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 105.63 -0.95 WTI (Near Mth) 80.25 0.31 Dubai (1-Mth F) 102.21 -1.21 Tapis blend 117.15 -1.86 Minas 110.15 -1.86 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 99.97 -0.59 Jet Kerosene 120.40 unch US$/barrel Opec Oil
      77 words
    • Article
      Lock icon CHICAGO BOT
      107 31 Sep 23 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 11 1258.00 1283.00 1289.25 1250.00 Jan 12 1269.00 1294.25 1300.50 1261.25 Mar 12 1276.50 1302.25 1308.00 1269.75 May 12 1282.25 1308.00 1313.50 1273.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 11 52.40
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    • Article
      Lock icon GOVERNMENT SECURITIES
      79 31 Sep 26 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****X 29.12.2011 0.23 1-Year BY*****X 02.05.2012 0.21 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.78 5-Year N*****0W 1.125 01.04.2016 102.65 102.80 102.75 10-Year NX*****X
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      466 31 Sep 26 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.5150 0 3796 Mar12 99.4900 0 2784 Jun12 99.5000 0 1178 Sep12 99.5050 0 892 EUROYEN TIBOR FUTURES Dec11 99.6900 99.6900 99.6900 99.6900 0 2382 Mar12 99.6950 99.6950 99.6950 99.6950 0 2338 Jun12 99.7000 0 1470
      466 words
    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      106 31 As on 23 September 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Cash DEC-11 1750.80 1636.20 1647.40 1742 Silver Cash DEC-11 36.320 32.660 32.825 36.595 CURRENCY US Dollar-Jap Yen DEC-11 76.27 76.09 76.27 76.26 Euro-US Dollar Cash DEC-11 1.3554 1.3416 1.3488 1.3505 Aust-US
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    • Article
      Lock icon SGX FUTURES
      185 31 Sep 26 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Oct 11 443.5 433.0 414.0 13 294 Nov 11 433.0 411.0 412.0 32 287 Dec 11 412.0 499 Jan 12 442.5 407.0 412.0 36 278 Feb 12 433.0
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    • Article
      Lock icon LONDON METALS
      71 31 Sep 23 Sep 23 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2173.75 2195.00 3 months 2206.00 2227.00 Copper, Grade A (US$/tonne) Cash 7343.00 7653.25 3 months 7360.00 7674.00 Lead (US$/tonne) Cash 1976.00 2116.50 3 months 1955.00 2105.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      82 31 Sep 23 COCOA (£/tonne) Close Prev High/Low Dec 11 1734 1773 1779/1729 Mar 12 1766 1806 1812/1762 May 12 1784 1823 1829/1780 Jul 12 1800 1839 1850/1800 COFFEE (US$/tonne) Close Prev High/Low Sep 11 1917 1992 1954/1940 Nov 11 1951 2026 2071/1940 Jan 12 1983 2056 2100/1972 Mar 12
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2221 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 1.7 1 150 46 61.18 32 ASJ Hldgs W*****1 0.5 1 4 32 6.80 5 AlliedTech W*****2 1.7 1 4 26 Aztech Grp W*****3 0.6 1 20 102
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    • Article
      Lock icon INTERBANK CROSS RATES
      463 31 Sep 26 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.003 6.199 0.721 7.563 48.075 88.350 0.742 11.583 3.092 1.258 85.005 42.500 1.266 7.955 0.881 29.649 30.226 0.627 0.970 Canada 0.997 6.180
      463 words
    • Article
      Lock icon SIBOR
      82 31 Sep 26 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      140 31 Sep 26 GOLD (US$/oz) Sep 26 Sep 23 Hong Kong 1621.00 1749.00 Sep 23 Sep 22 London 1676.60 1729.03 1677.35 1730.23 Source: Thomson Reuters Source: Reuters CAST BAR Sep 26 (S$) Selling Buying Kilobar 74,537.27 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 167 69 5gm 474 347
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    • Article
      Lock icon PALM OIL
      57 31 Sep 26 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 11 2980 2935 2980 2886 356 3409 Nov 11 2963 2908 2972 2859 6816 ***** Dec 11 2965 2905 2976 2857 ***** ***** Jan 12 2971 2911
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    • Article
      Lock icon STOCK INDEX FUTURES
      29 31 Sep 26 Open High Sett STI Sep 2623 2623 2654 SIMSCI Sep 309.8 313.0 306.9 Taiwan Sep 249.8 251.8 244.0 Source: MF Global (S) Pte Ltd
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 31 Sep 26 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2651 1.2660 0.9693 0.9698 Canadian dollar 1.2614 1.2619 0.9665 0.9667 Euro 1.7542 1.7546 1.3440 1.3441 NZ dollar 1.0055 1.0061 0.7704 0.7707 Sterling pound 2.0178 2.0184 1.5460 1.5462
      154 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 31 Sep 26 S$ Bid Offer 1-month 1.3051 1.3054 2-months 1.3050 1.3054 3-months 1.3047 1.3052 6-months 1.3024 1.3031 Source: OCBC
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 31 As at 9am Sep 26 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.299 1.238 Can dollar 1.284 1.235 Euro 1.781 1.713 Sterling pound 2.043 1.965 NZ dollar 1.032 0.983 US dollar 1.318 1.268 Local dollars to 100 units of foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      154 31 Sep 26 $S Offer Bid 0vernight 0.02 par 1-month 1/4 1/8 2-months 1/4 1/8 3-months 5/16 3/16 Overnight mode: 0.08 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.50 0.30 3 months 0.55 0.35 6 months 0.70 0.50 9 months 0.90 0.70 12
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  • PROPERTY
    • Article
      Lock icon UK luxury home prices gain in Sept
      619 32 European debt crisis has encouraged investors to buy less-risky assets Bloomberg [LONDON] Luxury home prices in central London climbed the most in 11 months in September, Knight Frank LLP said, as the European sovereign debt crisis encouraged investors to buy less-risky assets. Values
      Bloomberg  -  619 words
    • Article, Illustration
      Lock icon Orchard Hotel wing gets $10m makeover
      259 32  -  By UMA SHANKARI ORCHARD Hotel’s Claymore Wing has undergone a $10 million makeover, the hotel said yesterday. All 331 guestrooms in the wing have undergone a full refurbishment. All executive suites, executive club rooms and deluxe rooms within the wing are now designed in
      259 words
    • Article
      Lock icon HK new mortgage loans in August down 27%
      257 32 Reuters [HONG KONG] New mortgage loans drawn down in Hong Kong totalled HK$14.7 billion (S$2.45 billion) in August, down 27 per cent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed. The value of new mortgage loans approved in August
      Reuters  -  257 words
    • Article, Illustration
      Lock icon Grade A office rents rise 4.3% in Q3
      722 33  -  The vacancy rate rose from 9.48% in Q2 this year to 10.96% in Q3 Reports by KALPANA RASHIWALA THE average gross monthly Grade A office rental value for the third quarter was up 4.3 per cent from the preceding quarter at $11.10
      Source: CBRE  -  722 words
    • Article
      Lock icon Rio Tinto leases 70,000 sq ft at MBFC Tower 3
      231 33 BIG office leasing deals in the financial district are pretty rare these days, but mining giant Rio Tinto is understood to have signed a lease for 70,000 square feet at Marina Bay Financial Centre’s (MBFC) Tower 3. The tower is
      231 words
    • Article
      Lock icon Arab Spring has boosted Dubai property sector
      374 33 Reuters [DUBAI] Dubai’s hotel, retail and residential real estate sectors are enjoying a boost from the emirate’s “safe haven” status amid unrest elsewhere in the Arab world, a report said yesterday. The Arab Spring, which has resulted in the downfall of leaders in
      Reuters  -  374 words
  • Page 32 Advertisements
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      Lock icon Page 32 Advertisements Column 1
      121 32 Site at Robin Road 250m to Stevens MRT •Dist.10,Land23,084sf,GPR1.4/5-sty;FH •Approx 250m to Stevens MRT Station Stevens MRT •Within 1km to SCGS ACS (Barker Rd) •Potential for 56 apts of average 600 sf Tender Closing on 5 October 2011 (Wed), 2.30pm yewmin@credo.com.sg (CEA Regn No: R*****3H) choonfah@credo.com.sg (CEA Regn No: R*****1A)
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      Lock icon Page 32 Advertisements Column 2
      92 32 Prime Residential Site For Sale By Tender Site: 58,867.0 Sq M (633,644.39 Sq Ft) GFA: 123,620.7 Sq M (1,330,653.21 Sq Ft) Plot Ratio: 2.1 (20 25 storeys) Tenure: 99 Years Leasehold (1982) Near to MRT (Clementi Mall); NUS; SIM; Nan Hwa (Pri. Sch.); Polytechnic; etc. Near future Jurong East Regional
      92 words
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      Lock icon Page 32 Advertisements Column 3
      81 32 LicNo:L*****87F FRANCISTAN6100-8858CEA Reg. R*****4H CEA OEI TIONG HAM *****sqft. Beautiful, privacy SWISS CLUB *****sqft. Good buy, serene surroundings THIRD AVE *****sqft. Urgent VICTORIA PARK *****sqft. 2 bungalows. Urgent WINDSOR *****sqft. Priced to sell, beautiful, move-in cond YARWOOD *****sqft. Sub-divide MORE UNITS AVAIL BINJAI ***** *****sqft. Rebuild, modern, best buy BRIZAY
      81 words
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  • Page 33 Advertisements
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      Lock icon Page 33 Advertisements Column 1
      213 33 HENDERSON INDUSTRIAL BUILDING PRIME FREEHOLD INDUSTRIAL DEVELOPMENT SITE Gan Eng Seng Secondary School JRedhill MRT 131 Station Tiong Bahru Plaza Food Centre il Tiong Bahru m MRT Station Henderson Secondary School Food Centre Tiong Bahru Food Centre Bukit Merah Bus Central Manpower Base Highly Desirable Address: 201 Henderson Road Prominent
      213 words
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      Lock icon Page 33 Advertisements Column 2
      499 33 RESIDENCES RESIDENCE Wilby Central *****888 Wilby Bukit Timah *****505 WILBY CENTRAL Newly Refurbished Serviced Apartments Studio 2-Bedrooms Modern Decor with High Tech Features 5 minutes' walk to MRT Stations/ Shopping Malls Complimentary shuttle bus service to Orchard Road/Newton/Holland Village Complimentary broadband internet service local calls For more information, visit www.wilbyresidences.com
      499 words
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  • Page 34 Advertisements
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      Lock icon Page 34 Advertisements Column 1
      131 34 Proud supporters of Jeremy Monteiro and jazz worldwide V V M \1A v r r w i j -J i T 1/ I tl m M L u./ M A t 4 s <0 rle/hte^M A 4 v» m,:- 1 X I a j V L> X I >£v X
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      Lock icon Page 35 Advertisements Column 1
      325 35 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.c0m.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA(P) 120/08/2011 Tuesday, September 27,2011 The Best Pure Play Private Bank In Asia as voted by Asia Money Private Banking Poll Overall Best Globalrnvate Bank in Asia ranked No. 2 as voted by HNWIs
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      Lock icon Page 36 Advertisements Column 1
      204 36 Proud sponsors of EFG Bank Mandrake Also proud to support: EFG Bank Sailing Team in Melges 24, Europe BACARDI Sailing Week, US The EFG Bank Viper 640 Pan-American Championships EFG Private Bank Supernova Nationals, U www.efgsailing.com J i l a r just banks with a bank bankriitha banker* H i
      204 words