The Business Times, 7 October 2011

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Microfilm: NL31669
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Friday, October 7,
    23 words
  • Article
    Lock icon SGX leaves M&A door open, broadly speaking
    700 1  -  Declines comment on LME; says it will raise regulatory bar By JAMIE LEE [SINGAPORE] The Singapore Exchange (SGX) said it is open to all mergers and acquisition talks, but declined to specifically comment on the buzz that it is joining hands with the
    700 words
  • Article, Illustration
    Lock icon Apple wary as market grieves Jobs’ death
    768 1  -  Products he oversaw will roll out for 12-24 months, the real test will come after that By JOYCE HOOI [SINGAPORE] Steve Jobs’ death does not, in turn, spell Apple’s demise, analysts said yesterday. The technology behemoth is expected by many to continue on
    Source: Apple Inc, Graphics adapted from Reuters  -  768 words
  • Article
    Lock icon MARKETS DIGEST
    140 1 GST INDEX 2,603.12 (+74.41) GST INDEX FUTURES 2,601.00 (+75.00) GSIMSCI 299.62 (+8.08) GSIMSCI FUTURES 298.90 (+8.10) FOREX US$ S$ US$ (S$ per US$) 1.302 (US$/S$ per 1.545 2.012 EURO (US$/S$/E) 1.334 1.737 Foreign currency per US$ S$ YEN 76.70 58.90 RM 3.180 2.442 HK$ 7.784 5.977 BAHT 31.10
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      375 2 Apple wary, market grieves Jobs’ death STEVE Jobs’ death does not, in turn, spell Apple’s demise, analysts said yesterday. The technology behemoth is expected by many to continue on the momentum of Mr Jobs’ legacy, both in the people and products that he has left behind. FRONT PAGE
      375 words
    • Article, Illustration
      Lock icon Guanxi alone not enough: PM Lee
      677 2  -  Modernisation now more crucial to the world’s Chinese entrepreneurs By LEE U-WEN [SINGAPORE] Chinese entrepreneurs cannot rely solely on connections and relationships or what is more commonly known as guanxi to be successful in the new global economic environment, said Prime Minister Lee Hsien
      XINHUA  -  677 words
    • Article
      Lock icon Gamble on renminbi pays off for depositors
      390 2  -  By SIOW LI SEN [SINGAPORE] Among the few winners this year are renminbi depositors here. They are enjoying a windfall as the Chinese currency has appreciated as much as 4.2 per cent against the Singapore dollar since banks began selling RMB deposits in
      390 words
    • Article, Illustration
      Lock icon You’ll die, just follow your heart, said Jobs
      1326 4  -  FEB 24, 1955 OCT 5, 2011 OBITUARY By MICHELLE QUAH Mr Jobs is survived by Lisa Brennan-Jobs, his daughter with his then-girlfriend Chrisann Brennan; wife Laurene Powell, and their three children, Erin, Reed and Eve. [SINGAPORE] “Remembering that I’ll be dead soon
      REUTERS  -  1,326 words
    • Article
      Lock icon Accounting firms urged to tackle talent issue head-on
      623 4  -  Acra chief says radical changes are needed to address talent shortage By LYNETTE KHOO [SINGAPORE] Radical changes are needed to address the accounting industry’s ongoing talent crunch which adversely affects audit quality, Singapore’s accounting regulator said yesterday. Chan Lai Fung, chairman of
      623 words
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      Lock icon Page 2 Advertisements Column 1
      231 2 SINGAPORE WINE FIESTA o o rock po o c> 9 Dropping anchor at Customs House 30 October 2011 Tickets on sale now! www.sistic.com.sg Hotline: 1800 8888 333 I www.facebook.com/straitswinecompany Singapore's biggest outdoor wine fair drops anchor at a new home: Customs House. Embark on the wine voyage of the year
      231 words
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      187 3 BEAUTY REDEFINED At Jaguar, we continue to push the perimeters of form and function in our endeavour for excellence. This has spawned a revitalised New XF which harnesses the breathtaking power of a sports car into the sublime pleasure of a world-class luxury saloon. The rejuvenated design is crafted with
      187 words
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  • Page 4 Advertisements
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      23 4 $35 return ticket per person* Plus, exclusive discounts at Nirwana Resort Hotel and selected land and sea sports *Termsandconditionsapply. THEBUSINESSTIMES th Anniversary Getawaydeals
      23 words
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      308 4 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ATIM CONSULTANTS PTE. LTD. (In Members’ Voluntary Liquidation) Company Registration No. *****1009G NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of ATIM CONSULTANTS PTE. LTD. deemed to have been duly convened and held on 28 September
      308 words
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  • COMPANY NEWS
    • Article
      Lock icon Hyflux set to move into power generation
      477 5  -  It has secured gas feedstock for Tuas project part of 2nd desalination plant By RONNIE LIM DESALINATION group Hyflux is set to make its foray into power generation when it starts building this quarter a 411-mega-watt combined cycle gas turbine (CCGT) plant which
      477 words
    • Article
      Lock icon Tiger clarifies report on legal action by ex-employees
      358 5  -  By NISHA RAMCHANDANI IN the latest in the litany of woes facing Tiger Airways, the budget carrier issued a statement yesterday clarifying a media article which alleged that certain former employees of Tiger Airways Australia were threatening legal action in relation to
      358 words
    • Article
      Lock icon Tiger needs to get its act in order
      833 5  -  HOCK LOCK SIEW By VEN SREENIVASAN THE wounded Tiger took another bruising to its reputation last week after the Australian Competition and Consumer Commission put it on the mat for alleged inaccuracies in marketing email messages to its Australian customers. It is
      833 words
    • Article
      Lock icon STX OSV gets boost from supply vessel order
      365 6  -  By LYNN KAN ANOTHER order lifted the sails of STX OSV Holdings, just as the company reassured analysts that its “order pipeline has not collapsed”. The offshore vessel builder will produce a platform supply vessel of its own design the PSV 08
      365 words
    • Article
      Lock icon Make ETFs transparent: BlackRock
      460 6  -  It calls for more product disclosure and standard classification system By JAMIE LEE BLACKROCK the world’s biggest provider of ex-change-traded funds (ETFs) through its iShares brand has suggested new standards of transparency and product disclosure, backing regulatory calls for stricter safeguards. In doing so, it has
      460 words
    • Article
      Lock icon ST Engg unit wins $125m DSTA contract
      268 6  -  By CARINE LEE ST Engineering’s wholly owned integrated services arm ST Synthesis has secured a five-year contract worth about $125 million from Singapore’s Defence Science Technology Agency (DSTA). The contract, which begins this month, will see ST Synthesis provide facilities maintenance services to
      268 words
    • Article
      Lock icon Avic International Investments starts trading today
      363 6  -  By YEO AIQI AVIC International Investments (Avic Singapore) has completed the compliance placement of about 53.6 million shares at 28.5 cents each, paving the way for its mainboard trading debut today. The China-based shipbuilding management and consultancy services provider, a member of the stateowned
      363 words
    • Article
      Lock icon Bukom order flows to contractors expected
      408 7  -  But maintenance contractors are hit by refinery’s temporary shutdown By RONNIE LIM SINGAPORE contractors like Rotary, PEC, OKP, Hai Leck and Tiong Woon, to name just a few, will likely see some order flows following the Shell Bukom mishap, although in the short term,
      408 words
    • Article
      Lock icon Volatile times for Asean stocks
      378 7  -  By MICHELLE TAN THE Asean equity landscape seems set for mercurial times in the next two quarters, according to a Morgan Stanley report. In fact, the trend seems to have already set in with large intra-day swings in stock prices becoming increasingly common of late.
      378 words
    • Article
      Lock icon S&P still ‘underweight’ on property sector
      379 7  -  By MINDY TAN STANDARD Poor’s maintained an underweight call on Singapore’s property sector, noting that the private property market can expect a correction of 5-10 per cent. The key supporting factor lies in the low interest rates, which translate into affordable mortgage and positive
      379 words
    • COMPANY BRIEFS
      • Article
        Lock icon Dyna-Mac profit slumps 55.5% in Q1
        74 7 DYNA-MAC Holdings’ net profit for the first quarter ended Aug 31 fell 55.5 per cent from a year ago to $4.17 million. Revenue slipped 7.1 per cent to $31.75 million. Cost of sales rose 22.1 per cent to $22.7 million. The decline in revenue
        74 words
      • Article
        Lock icon CAO in M’sian storage terminal venture
        100 7 CHINA Aviation Oil (Singapore), the largest physical jet fuel trader in the Asia-Pacific region, has entered into a joint venture with a Malaysian company, Centralised Terminals Sdn Bhd (CTSB), to build and operate an oil storage terminal for jet fuel, gasoil and fuel oil
        100 words
      • Article
        Lock icon AIMS AMP Reit reports 26% rise in DPU
        68 7 AIMS AMP Capital Industrial Reit reported that its distribution per unit (DPU) for the fiscal second quarter ended Sept 30 rose 26 per cent to 2.50 cents compared to 1.984 cents a year ago. Net property income for the second quarter was
        68 words
      • Article
        Lock icon CapitaLand sets up venture in Vietnam
        40 7 CAPITALAND Ltd has established a joint venture firm, CVH Spring Company, in Vietnam with a charter capital of 280 billion dong (S$17.5 million) to develop a value housing project in Ho Chi Minh City.
        40 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      67 5 Performance Motors Limited pml-bmw.com. sg Sheer Driving Pleasure WHAT IS THE TRUE MEASURE OF LEADERSHIP? There are leaders, and there are leaders. What sets them apart are the principles they abide by, and the qualities they reveal in the pursuit of success. What they do, what they stand for, and
      67 words
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      2465 6 BUILDING APPRAISAL PTE LTD Oil Fields For Jv/ Sale West Kazakhstan Investment Of Approx. US $60 Million Only Genuine Parties Experience With Good Expertise Financial Background ENQUIRIES: baplcc@singnet.com.sg HOTLINE: 6293 9333 thebusinesstimes weekendthe raffles conversat www.businesstimes.com.sg SEPTEMBER 17 18, 2011 S$1.00 MICA(P)121/08/2011 weekend WEALTH Manoeuvringvolatility 30-31 MOTORING FrankfurtMotorShow highlights L19
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      138 7 WHAT IS THE TRUE MEASURE OF LEADERSHIP? DRIVE. To know the substance of a leader, look at how he wields power. It's a point of view that the BMW 7 Series celebrates. That's why our V8 and six-cylinder engines come with TwinPower Turbo technology and BMW-exclusive High Precision Injection. To
      138 words
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      Lock icon Page 7 Advertisements Column 2
      36 7 GNC LIVE WELL. Hizhi Energy all day long! X fct/e t/le <J&/idJouS paacJi -fta/our-! Stefanie Sun International Artiste i.zhi, Cordyceps Lingzhi power cocktail For Energy Immunity Promotion ends October 6281 5688 or 6757 4403 o www.gnc.com.sg
      36 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Western market hopes lift local stocks
      581 8  -  Bullish attitude among Europe investors and Wall Street recovery help STI rebound 74.41 points to 2,603.12 STOCKS R SIVANITHY Senior Correspondent THANKS to sudden optimism over the state of Western markets, the Straits Times Index (STI) yesterday rebounded 74.41 points or 2.9 per cent
      581 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 1 5 0 0 0 9 1 5 Manufacturing 59 45 40 3 4 8 62 49 48 Commerce 25 17 9 2 3 5 27 20 14 Tpt/Stor/Comms 28 7 7
      186 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 36,905 36,905 127,725 127,725 Manufacturing 187,400 10,710 198,110 225,371 87 225,458 Commerce 169,495 6,165 175,660 210,899 386 211,285 Tpt/Stor/Comms 164,152 1,149 165,301 211,056 118 211,173 Finance 24,135 10 24,145 217,317 2 217,319 Construction 43,704 4,386
      117 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      112 8 Stock name Close Change CapMallsAsia 1.195 +0.020 CapitaLand 2.430 +0.070 CapitaMall 1.830 -0.015 CityDev 9.260 +0.500 ComfortDelGro 1.320 DBS Grp 11.270 +0.340 F&N 5.490 +0.070 GLP 1.585 +0.025 Genting SP 1.480 +0.035 Golden Agri 0.580 +0.020 HK Land 4.400 +0.170 JMH 45.480 +1.480 JSH 25.400 +0.930
      112 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      65 8 Oct 6 VALUE CLOSE BT OB/OS -1038.00 +449.0 BT CADI -*****.00 +147.0 BT 10-day MA -*****.00-103.00 FTSE ST Mid Cap 578.14 +7.72 FTSE ST Small Cap 393.52 +4.35 FTSE ST All Share 625.12 +15.73 FTSE ST China Top 177.10 +4.26 FTSE ST China 209.30 +6.64 FTSE ST
      65 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 8 VOLUME Noble Grp 105,458,000 Genting SP 102,362,000 Golden Agri 99,068,000 HPH Trust US$ 46,209,000 PSL Hldgs 30,833,000 Sheng Siong 27,668,000 Qingmei 26,184,000 STXOSV 25,705,000 STI 2600MBeCW*****0 24,115,000 SingTel 21,249,000 VALUE($) Genting SP 151,281,665 Noble Grp 142,470,300 DBS Grp 81,820,640 Keppel Corp 79,809,530 Wilmar 79,183,380 SingTel 67,491,570 UOB
      60 words
    • BROKERS’ TAKE
      • Article
        Lock icon Wilmar International
        419 8 Oct 6 close: $4.67 OCBC INVESTMENT RESEARCH, Oct 6 WILMAR International shares were sold down over the past two days, likely spooked by the looming spectre of a hard landing for China’s massive economy; although we note that experts remain mixed over the likelihood of such an event
        419 words
      • Article, Illustration
        Lock icon Biosensors International
        405 8  -  Compiled by CONRAD TAN Group Oct 6 close: $1.18 DBS GROUP RESEARCH, Oct 6 BIOSENSORS International Group has completed the acquisition of the remaining 50 per cent stake in joint venture company JWMS. We believe its outlook will be rosier on the back of higher earnings contribution from
        Source: Bloomberg  -  405 words
      • Article
        Lock icon Glossary:
        131 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
        131 words
    • Article, Illustration
      Lock icon Euro rangebound ahead of ECB meet
      488 8 CURRENCIES AFP [TOKYO] The euro was rangebound in Asia yesterday as market participants refrained from making major moves ahead of the European Central Bank’s (ECB) policy meeting. The euro fetched US$1.3327 in Tokyo trade against US$1.3338 in New York late Wednesday. The European single
      AFP; BLOOMBERG FILE PHOTO  -  488 words
    • Article
      Lock icon RISES
      107 8 BY CENTS CLOSE UP IS S&P500 ***** 798.2 5.6 GLD 10US$ ***** 608.1 3.0 DBXT Nifty 10US$ ***** 282.6 2.2 DBXT AUD Bonds 5AU$ ***** 221.1 1.0 Jardine C&C 3998 200.0 5.3 JMH 4548 192.7 3.4 DBXT SPASX200 10US$ 2917 157.6 4.3 DBXT MSTHAI 10US$ 1390 130.2 7.8 JSH
      107 words
    • Article
      Lock icon FALLS
      119 8 BY CENTS CLOSE DOWN DBXT S&P Short 10US$ 4671-174.5 -2.8 OCBC Bk 5.1%NCPS 100 ***** -13.0 -0.1 STI 2750BPePW*****9 53 -10.5 -16.5 STI 2850BPePW*****9 60 -10.0 -14.3 Yuexiu Prop 20 -10.0 -33.3 DBXT iBoxxSing 5SG$ ***** -8.0 -0.1 Ezra.ES.1110 81 -7.0 -8.0 KencanaAgri 35 -7.0 -16.7 Cougar 17 -6.0
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      Lock icon FTSE ST CATALIST INDEX
      5 8 DAILY
      5 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Han Cheng Fong driving mixed project in Chengdu
      606 9  -  Office cum hotel complex said to be worth 1.35-1.5b yuan By UMA SHANKARI CORPORATE bigwig Han Cheng Fong the former chief executive of DBS Land and Fraser Neave is striking out on his own in China with a 3.1 million square foot
      606 words
    • Article
      Lock icon Jurong industrial site up for tender
      186 9 THE Urban Redevelopment Authority yesterday launched a 1.96 hectare industrial site at Soon Lee Street for sale by public tender. The Jurong land parcel, which has a lease period of 30 years, has a maximum permissible gross plot ratio of 2.0. Designated for Business
      186 words
    • Article
      Lock icon Midlink Plaza sold en bloc for $126.8m
      245 9 MIDLINK Plaza, a nine-sto-rey commercial building located at the junction of Middle Road and Queen Street, has been sold to 122 Middle Investment for $126.8 million or slightly under $1,000 per square foot per plot ratio. The collective sale was handled by marketing
      245 words
    • Article
      Lock icon S-E Asia markets confidence high
      458 11  -  S-E Asia firms are expected to grow their businesses in the next 12 months By KELLY TAY DESPITE growing pessimism surrounding the global economy, executives in South-east Asia (SEA) are remaining confident about the economic prospects of their respective markets. In fact, with healthy capital
      458 words
    • Article
      Lock icon Economic cooperation ‘vital for Asia in uncertain times’
      509 11  -  By CHUANG PECK MING STEPPING up economic cooperation is Asia’s best defence against a crisis that could be blowing this way from Europe and America, according to speakers at a forum including Trade and Industry Minister Lim Hng Kiang. The 2008 financial
      509 words
    • Article
      Lock icon Finance professionals’ outlook more bearish
      298 11  -  Pessimism in S’pore rivals Western Europe: ACCA poll By LYNN KAN THE uncertain road to economic recovery has led to a surge in pessimism among finance professionals, which has also been magnified by the unceasing flow of gloomy headlines. Singaporeans were singled out as among
      298 words
    • Article, Illustration
      Lock icon Peter Ow takes the helm at SLP Int’l
      313 11  -  By UMA SHANKARI REAL estate veteran Peter Ow, who was formerly Knight Frank’s managing director for residential services, has joined SLP International Property Consultants as its new managing director. Mr Ow succeeds SLP founder Kain Sim who will now assume the role
      313 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      204 9 Performance Motors Limited WHAT IS THE TRUE MEASURE OF LEADERSHIP? INFLUENCE, pml-bmw.com. sg Sheer Driving Pleasure The substance of a leader is revealed by the company he keeps. Which is why the BMW 7 Series is the preferred choice of leaders and dignitaries in every country. Because its technologies make
      204 words
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      Lock icon Page 9 Advertisements Column 2
      143 9 WJ ■*> SIS wicker Outdoor Set (4+1j) J-'—Y UP: $1099 NOW $899 Wicker Outdoor Furniture with Canopy r v 1 i u UP:i$1299t now $999 Wicker Outdoor Set (2+1+1+CT) UP: $1599 NOW $1299 2m Wicker Dining Set (6+1 UP: $1699 NOW $***** 3 Wicker Outdoor Set (2+1+1+CT) UP: $1269 NOW
      143 words
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      223 10 THE STRAITS TIMES. Get the All-in-One news experience for just $2 more! 4 THE* ST R A Z *r WA •A y With a newspaper subscription at $24.65* A per month, add $2 to enjoy our Online, iPad and iPhone editions. For a limited period only. 4 STEPS TO QUICK
      223 words
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      210 11 'ir/j <sallEI*****060 THE LEADING BUNGALOW SPECIALIST 'DalyeyjEst ate.iso8o'/ t ,68oo.ask$ Kam de if, Ra rk-isooQ7»Q qoo.ask$2s M Sole'Agent: 5 1 Hoi land.•*****'// 5 oooaskr $33 M L dSMfaaflMhlUHrrfhtii^ L:2b500 Nostalgic Cottage (a) Kilburn Estate Buildan empire on this *****sqft land; sprawling through a hilltop with a view that is breathtakingly
      210 words
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  • CHILDREN FOR CHILDREN
    • Article, Illustration
      Lock icon The art of giving to children
      739 12  -  Today’s Children for Children event takes 1,400 primary school pupils to Resorts World Sentosa for a fun-filled experience, reports DOLLY CHIA SOME 1,400 children’s lives are to be enriched today as a result of the annual Children for Children (CFC) charity event. With donations
      YEN MENG JIIN  -  739 words
    • Article
      Lock icon RWS shows CSR is the way to go
      771 12  -  By DOLLY CHIA IT’S a $6.59 billion integrated resort, and its casino, the first to open in Singapore, is a money spinner. But what is not really wellknown yet about Resorts World Sentosa (RWS) is its track record in giving back to
      771 words
    • Article
      Lock icon Colouring children’s lives
      697 12 Michael Tien CEO, Atlas Sound and Vision Pte Ltd ‘As a Singapore SME, the company’s fortunes have had its ups and downs like Singapore’s. All this while, we have tried our best to give back to society and to help others in need. We thank BT for
      697 words
    • Article
      Lock icon Thank you, donors
      388 12 A total of $300,000 was raised from Children for Children 2011. All proceeds, less the cost of organising the outing to Resorts World Sentosa for the 1,400 underprivileged children, will be shared equally between The Business Times Budding Artists Fund and The StraitsTimes School Pocket Money Fund.
      388 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Pay practices at big banks little changed
      663 13 Fed says bonus payouts still not adjusted to reflect riskiness of bets NYT [NEW YORK] Amid the uproar over bailouts and bonuses in the fall of 2009, the chief executives of the nation’s largest banks walked through the iron gates of the Federal
      NYT; AFP  -  663 words
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      326 13 MACAU T H E RIGHT M I X O F BUSINESS LEISURE is£: Q.a.aaqn'auii ffA *JV J tfli Macau is Asia's newest and most exciting destination for meetings and incentives with billions of dollars worth of new infrastructure underway. Nowhere in Asia has there been so much investment in large
      326 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon GST bill won’t be tabled yet: KL minister
      571 14  -  Comments another sign today’s budget could be Najib’s last before snap polls By S JAYASANKARAN in Kuala Lumpur ALTHOUGH a new goods and services tax (GST) was listed in yesterday’s order of parliamentary business, a Malaysian minister said the bill would not
      THE STAR  -  571 words
    • Article
      Lock icon Indonesia retail sales index up 33.5% in Aug
      263 14 Reuters [JAKARTA] Indonesia’s retail sales, an indicator of domestic demand in South-east Asia’s largest economy, picked up in August as consumers bought clothes and gold jewellery to celebrate the Eid holiday, a central bank survey showed yesterday. The retail sales index in
      Reuters  -  263 words
    • Article
      Lock icon Bakrie may repay US$597m loans
      331 14 Reuters [JAKARTA] PT Bakrie Brothers, the holding company of Indonesia’s politically wired Bakrie Group, said that it was considering repaying or restructuring a US$597 million loan from Credit Suisse in the “near future” as the lenders called in the loan. The group, controlled by the
      Reuters  -  331 words
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      1272 14 @!''!/]~,>[{^|=`!:/__\-/&*.''`~ CHINA YUANBANG PROPERTY HOLDINGS LIMITED (Company Registration Number: *****) (Incorporated in Bermuda on 4 December 2006) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of CHINA YUANBANG PROPERTY HOLDINGS LIMITED (the "Company") will be held at Meeting Room 320, Level 3, Suntec Singapore,
      1,272 words
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      2344 14 MATS BUY IT-SELL IT-FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg CREATIVE TECHNOLOGY LTD (Incorporated in the Republic of Singapore) Company Registration No. *****3359D NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBYGIVEN that the 29thAnnual General Meeting of CreativeTechnology Ltd (“Creative” or the “Company”) will be held at 31 International
      2,344 words
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  • GREATER CHINA
    • Article
      Lock icon China urges help for debt-laden businesses
      439 15 Premier proposes adjusting some policies aimed at excess lending AP [SHANGHAI] China must do more to support the small businesses that provide the bulk of new jobs but are struggling due to tight controls on credit, Premier Wen Jiabao said yesterday. Mr Wen made
      AP  -  439 words
    • Article, Illustration
      Lock icon China Mobile too cash-rich for comfort
      325 15  -  By WEI GU REUTERS BREAKINGVIEWS [HONG KONG] China Mobile has a US$47 billion dilemma: what to do with its cash pile. The company already has more cash on hand than famously flush US tech firm Apple, and it is adding US$8 billion a year
      REUTERS  -  325 words
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      189 15 THE PEAK SELECTIONS TIMEPECES A PUBLICATION OF THE PEAK TIMEPIECES THE PEAK SELECTIONS Si 42 44 4 9 ¥S&JL3 4 i L r' ?> m 3 s\ g mW CAPTURING THE MOMENT CLASSIC CHRONOGRAPH, CUTTING-EDGE TECHNOLOGY OUT NOW Available at BOOKS KINOKUNIYA BORDERS TIMES BOOKSTORES MPH PAGE ONE HARRIS TIMES
      189 words
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  • INDIA
    • Article, Illustration
      Lock icon Delhi Games being played out in jails and courts
      479 16 Organising panel officials in jail and some contractors still waiting for payment AFP [NEW DELHI] One year after the Commonwealth Games in New Delhi, its organisers languish in jail on corruption charges and foreign companies are fighting legal battles over millions
      AFP; PHOTO: AFP  -  479 words
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      2411 16 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg CHINESE GLOBAL INVESTORS GROUP LTD. (Company Registration No. *****0189D) (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Chinese Global Investors Group Ltd. (formerly known as Auswin Holdings Limited., the
      2,411 words
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      Lock icon Page 16 Advertisements Column 2
      1869 16 MATS Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Noel Gifts International Ltd (“the Company”) will be held at The Boardroom, 7 Tai Seng Drive #03-01, Singapore *****8 on Tuesday, 25 October 2011 at 9.00 a.m. for
      1,869 words
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  • WORLD
    • Article, Illustration
      Lock icon Anti-Wall St protests gather momentum
      753 17 5,000 people rally in New York as more marches are held in cities and campuses Reuters [NEW YORK] Thousands of anti-Wall Street demonstrators converged on New York’s financial district on Wednesday, their ranks swelled by nurses, transit workers and other union members joining the protest
      Reuters; AP  -  753 words
    • Article
      Lock icon Court ruling hits Wall St regulator
      450 18 Financial Industry Regulatory Authority cannot sue brokers to enforce disciplinary fines NYT [NEW YORK] A federal appeals court in Manhattan ruled on Wednesday that Finra, an important regulator of Wall Street for more than 70 years, does not have the right to take its
      NYT  -  450 words
    • Article, Illustration
      Lock icon Floods drowning Asia’s rice bowl
      671 19 Disaster threatens to further drive up food prices; adds to farmers’ woes AFP [HANOI] Massive floods have ravaged vast swathes of Asia’s rice bowl, threatening to further drive up food prices and adding to the burden of farmers who are among the region’s poorest, specialists
      AFP  -  671 words
    • Article, Illustration
      Lock icon My trial is a political plot, says Ozawa
      777 20  -  Ex-DPJ chief pleads not guilty to charge of violating political funds control law and asks court to abort trial By ANTHONY ROWLEY in Tokyo THE highly political trial of Ichiro Ozawa opened yesterday with the so-called “shadow shogun” claiming that the legal
      777 words
    • Article, Illustration
      Lock icon Polish parties give eurozone wide berth
      723 21 Although Warsaw is committed to join the club, there’s no deadline to do so AFP [WARSAW] Boasting central Europe’s largest economy and scoring higher growth than its western European Union partners, Poland faces a general election on Sunday with all parties shunning the crisis-mired
      AFP; AP  -  723 words
    • Talking Stock of Malaysia
      • Article, Illustration
        Lock icon REBRANDING WING TAI
        627 21 How to add value to property development, Wing Tai-style A special series brought to you by Bursa Malaysia and ShareInvestor People in Penang and the Klang Valley have generally heard of DNP Holdings, the property developer formerly known as Dragon and Phoenix. “But they didn’t know it
        627 words
    • Article, Illustration
      Lock icon ECB offers banks new emergency loans
      398 22 Move is to help them through the turmoil of the govt debt crisis Bloomberg AP Reuters [FRANKFURT] The European Central Bank offered new emergency loans to banks yesterday to help them through the turmoil of the government debt crisis, but decided to keep benchmark
      Bloomberg; AP; Reuters; BLOOMBERG  -  398 words
    • Article
      Lock icon Jobs bill ‘to guard against double-dip’
      437 22 Obama also says Congress should pass the bill quickly Bloomberg Reuters AFP [WASHINGTON] President Barack Obama said Congress needs to pass his US$447 billion jobs bill quickly to “guard against another downturn” in the US economy if the European debt crisis worsens. “Our economy
      Bloomberg; Reuters; AFP  -  437 words
    • Article, Illustration
      Lock icon Swedish poet wins Nobel Literature Prize
      244 22 AFP [STOCKHOLM] Swedish poet Tomas Transtroemer won the 2011 Nobel Literature Prize yesterday, the Swedish Academy said. Transtroemer, 80, was honoured “because, through his condensed, translucent images, he gives us fresh access to reality”, the jury said. “Most of Transtroemer’s poetry collections are characterised
      AFP  -  244 words
    • Article, Illustration
      Lock icon Singapore brand can help Chile in Asia foray
      619 23  -  By MALMINDERJIT SINGH [SINGAPORE] Chile aims for more participation from Singapore companies in its economic development, and hopes that it will also act as an endorsement for attracting more investments from the region. “Singapore’s branding will help Chile reach out to the
      619 words
    • Article
      Lock icon Harvard loses its No 1 ranking
      362 23 Caltech leads the Times league; 75 of the top 200 schools are from the US AFP [LONDON] US and British institutions once again dominate an annual worldwide league table of universities published yesterday, but there is a fresh name at the top, unseating long-time
      AFP  -  362 words
  • Page 17 Advertisements
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      596 17 w** ©YAMAHA Silent Fair 2011 8 to 16 October I Yamaha Retail Store 10am 9pm Plaza Singapura #06-01 Piano Other Models JX113T Silent U1J Silent Usual: $7,000 Usual: $8,700 NOW: $5,600 NOW: $7,400 SILENT Violin JU109 Silent Usual: $5,300 NOW: $4,500 Usual: $12,200 NOW: $9,800 U3 Silent Usual: $14,000 NOW:
      596 words
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  • Page 18 Advertisements
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      1760 18 HAT3 NOTICES CHINA YUANBANG PROPERTY HOLDINGS LIMITED (Company Registration Number: *****) (Incorporated in Bermuda on 4 December 2006) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of China Yuanbang Property Holdings Limited (the "Company") will be held at Meeting Room 320, Level 3, Suntec
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      2498 18 BUY IT-SELL IT-FIND IT :*ATci F Toll free: 1800-289-8822 Email: notices@sph.com.sg NOTICES PLATO CAPITAL LIMITED (Company Registration No. *****7443M) (Incorporated in Singapore with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of PLATO CAPITAL LIMITED ("the Company") will be held at Novotel
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      218 19 MPAS MAGAZINE AWARDS 2011 BEST USE OF PHOTOGRAPHY/ILLUSTRATION WHAT IS THE TRUE MEASURE OF LEADERSHIP? RECOGNITION Performance Motors Limited pml-bmw.com. sg Sheer Driving Pleasure When a leader has substance, the world reciprocates. The BMW 7 Series salutes this achievement with privileges that no other luxury marque has matched. Such as
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      214 20 100 UNITS TO CO AT A FINAL CELEBRATORY OVERTRADE PACKAGE. IGO YEARS OF CHEVROLET t—-' m CAPTIVA mCaptiva V -"".1 u1 New Orlando Cruze LS 100 MORE GREAT YEARS TO COME How quickly the time flies! As our 100th year draws to a close, well be offering a final celebratory
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      36 21 CANALI MADE TO MEASURE EXPERIENCE SARTORIAL ELEGANCE WITH CANALI'S MASTER TAILOR EXCLUSIVELY FROM MILAN AVAILABLE ON 11TH AND 12TH OCTOBER 2011 PARAGON SHOPPING CENTRE TEL: 6235 6588 LUXURY FASHION AT RESORTS WORLD SENTOSA TEL: 6723 8015
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  • Page 22 Advertisements
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      702 22 asmffiniQG O SCEDGEJQ Lifestyle re M w: 41 Ss Ri S3 *5 E5H^ A month-long Celebration of Asia's Cuisines, Culture and Lifestyle Savor Asia's finest from 1 30 November 2011 fts J Gourmet Signatures Cuisine of Chef David Du 1 6 Nov Lunch Dinner mezza9 Cuisine of Chef Max Levy
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      Lock icon Page 22 Advertisements Column 2
      224 22 Tascinatvna J-CoCidays Yes, you deserve an Ultra Luxurious Holiday!!! 3D2N Conrad Koh Samui *New (Bonus Night Offer: Stay 2 Pay 1) tr$ 798 3D2N W Retreat Koh Samui (Bonus Night Offer: Stay 2 Pay 1) fr$1 388 4D3N Four Seasons Langkawi (Bonus Night Offer: Stay 3 Pay 2) fr$1 1
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      Lock icon Page 22 Advertisements Column 3
      52 22 J& JERRY LUM Estate Agent Licence No L*****82K When You Buy. Sell, or Rent Snr Marketing Director, MBA, CES CEA Licence no: R *****6 D HP: 8288 0098 View: jerrylum.myweb.sg Prepare for a Bull Run i Call 1800 289 8822 or e-mail notices@sph.com.sg to place your AGM EGM Notices i
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      53 23 tablat THE HEARTBEAT OF THE INDIAN COMMUNITY THE RELUCTANT CHAMPION Dr Jimmy S. Daruwalla wins inaugural tabla! Community Champion Award for his work with the Dyslexia Association of Singapore tabla 1 COMMUNITY CHAMPION 2011 SUPPORTED BY OSBI STATE BANK OF INDIA Z GET YOUR COPY TODAY FROM ALL 7-ELEVEN OUTLETS
      53 words
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      Lock icon Page 23 Advertisements Column 2
      228 23 w 1 F*. sr#s'P«Bk: VJ&, H Hf s® -M ri«4 Today, AVIC International Investments Limited ("AVIC Singapore"), debuts trading on the Mainboard of the Singapore Exchange As a member of a large industrial group owned and managed by the PRC Central Government Aviation Industry Corporation of China ("AVIC") which was
      228 words
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  • Page 24 Advertisements
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      4539 24 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg TAI SIN ELECTRIC LIMITED (Incorporated in the Republic of Singapore) Company Registration No. *****0057W NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Tai Sin Electric Limited will be held at
      4,539 words
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      1076 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF EASTERN BULK CARRIERS SINGAPORE PTE LTD (IN MEMBERS’ VOLUNTARY LIQUIDATION) (REGISTRATION NO. *****5751 D) NOTICE OF MEMBERS’ VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of the abovenamed company duly convened and
      1,076 words
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  • Page 25 Advertisements
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      2510 25 MATS BUY IT• SELL IT• FIND IT NOTICES Toll free: 1800-289-8822 Email: notices@sph.com.sg 800 SUPER HOLDINGS LIMITED Company Registration No. *****8701K (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting (“AGM”) of 800 Super Holdings Limited (the “Company”) will
      2,510 words
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      Lock icon Page 25 Advertisements Column 2
      1650 25 H /W I HEALTH MANAGEMENT INTERNATIONAL LTD (Company Registration No *****5241E) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of HEALTH MANAGEMENT INTERNATIONAL LTD will be held at: Venue i-Connect Room, 168 Jalan Bukit Merah, Ground Floor,
      1,650 words
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      Lock icon Page 25 Advertisements Column 3
      449 25 SINO-ENVIRONMENT TECHNOLOGY GROUP LIMITED (Under Judicial Management) (Incorporated in the Republic of Singapore on 2 October 2001) Company Registration Number *****6480Z THE SCHEME OF COMPROMISE AND ARRANGEMENT BETWEEN SINO-ENVIRONMENT TECHNOLOGY GROUP LIMITED (THE "COMPANY") AND ITS SHAREHOLDERS AND CREDITORS DATED 10 AUGUST 2011 (THE "SCHEME") To the Shareholders and Creditors
      449 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon An insanely great life and its lessons
      509 26 EDITORIAL IN the plethora of tributes to Apple co-founder Steve Jobs, who passed away on Wednesday, one quote crops up again and again: “Stay hungry. Stay foolish”. This was the parting message of his celebrated commencement address to the Stanford University graduating class
      509 words
    • Article, Illustration
      Lock icon Risk aversion is the curse of today's America
      801 26  -  THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group ECONOMIST Robert Litan of the Kauffman Foundation likes to recall that half of today’s Fortune 500 companies began as start-ups in a recession or a bear stock market. And why not? During
      The Washington Post Writers Group  -  801 words
    • Article, Illustration
      Lock icon Is Bernanke trying to jump into political fray?
      1121 26  -  He partly blames his Congressional critics for what he calls faltering economic recovery LEON HADAR Washington Correspondent AT ONE point during his Congressional testimony on Tuesday, it sounded as though Federal Reserve chairman Ben Bernanke was about to join the demonstrators protesting
      AFP  -  1,121 words
    • Article, Illustration
      Lock icon SingPost: Embracing change to deliver
      1886 27  -  Its successful strategic leadership approach offers valuable lessons in equipoised transformation for its global rivals By KAI-ALEXANDER SCHLEVOGT The writer serves as full professor at the Graduate School of Management (GSOM), St Petersburg State University (Russia), where he holds an Endowed Chair in Strategic Leadership.
      FILE PHOTOS  -  1,886 words
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      1204 27 NOTICES BUY IT• SELL IT• FIND IT SPINDEX INDUSTRIES LIMITED (Incorporated in the Republic of Singapore) (Registration No. *****1451M) NOTICE OF THE 24TH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 24th Annual General Meeting of the Company will be held at 6 Neythal Road Singapore *****3 on Tuesday,
      1,204 words
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  • SHIPPING/AVIATION
    • Article
      Lock icon RS Platou in talks to buy ship brokerage firm: CEO
      375 28 It is keen to expand its dry bulk and container chartering operations Reuters [SINGAPORE] Norway’s largest shipbroker, RS Platou, is in talks to buy an Asian or European-based brokerage firm to expand its dry bulk and container chartering operations, its
      Reuters  -  375 words
    • Article
      Lock icon TRANSPORT ST0CKS
      281 28 SGX '000 Oct 6 S$ +/-Vol CH Offshore 0.36 0.01 121 Chuan Hup Hldg unch unch 0 Cosco Corp 0.90 0.03 6924 CWT Ltd 0.89 0.04 522 Ezra Hldgs 0.82 0.03 3807 First Ship Lea 0.28 0.01 1534 Freight Links 0.06 unch 1995 Grand Banks unch unch 0
      281 words
    • Article
      Lock icon Move to put price on shipping emissions
      520 28 AFP [PANAMA CITY] With nations facing gaping shortfalls meeting pledges on climate change, several governments and activist groups are pushing to put a price on shipping emissions to fund aid to poor countries. Commercial ships virtually always run on fossil fuels and produce
      AFP  -  520 words
    • Article, Illustration
      Lock icon Airbus looking at customer financing
      678 28 It affirms upbeat long-term forecasts on huge demand AFP [SYDNEY] Global aviation giant Airbus said it would consider providing financing for customers as the eurozone debt crisis drags on, but affirmed upbeat long-term forecasts due to booming Asian demand. The comments came as the International
      AFP  -  678 words
  • Page 28 Advertisements
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      219 28 Walk the talkof the town! FLAG OFF VIVOCITY WATERFRONT PROMENADE 7.30am, Monday, Nov 7, 2011 (Public Holiday) Open to only 18,000 walkers REGISTRATION Registration fee is $32 per participant but get $4 off ($28 each) if you: ·Use DBS/POSB credit cards to pay, or ·Buy Family Packs of 4 and
      219 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8069 29 Transaction date: Oct 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 12 8Telecom 12.5 10.6 15.5 7.8 4.9 2.6 59.9 9.5 4.1 A-Sonic 4.4 4.4 4.9 3 1.6 31.5 62.5
      8,069 words
    • Article
      Lock icon SGX CATALIST
      1507 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 t 800 Super 13.5 +0.1 43 13.5 13 13.5 14 4.7 4.1 5.2 24.1 5.5 2.5 t AA Grp 2.5 2.2 2.9
      1,507 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      10091 30 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.03/ APS Alpha Fund (USD)!** 0.79/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.56/ Aberdeen Asset Mgt Asia Limited American Opp 0.5723/ Asian Credit Fund
      10,091 words
    • Article
      Lock icon GLOBALQUOTE
      226 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 $mil 56 34 AVJennings A38 37 42 3.6 9.2 3 99 53 25.5 Genting HK US$ US27 +1 ***** 27.5 26.5 27 27.5 1777.8 20.5 10 OGL Resources
      226 words
    • Article
      Lock icon SGX ETF
      862 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 $mil 130 108 ABF SG Bond ETF 123cd +4 55 123 118 117 123 561.5 1261 856 CIMBAsean40 100US$ US891 +26 63 891 878 888 898 35.6
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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 Oct 5 Index Change Change Change Change Change Change World Index Preliminary 765.1 1.2 -14.8 0.5 -13.4 1.3 -14.9 EAFE Preliminary 645.2 1.8 -19.4 1.2 -17.9 2.0 -19.4 Europe Preliminary 952.8 3.2
      374 words
    • Article
      Lock icon CHICAGO BOT
      107 31 Oct 5 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 11 1163.75 1160.00 1174.00 1161.00 Jan 12 1175.50 1171.75 1185.50 1172.50 Mar 12 1185.25 1181.25 1195.00 1182.40 May 12 1193.75 1189.50 1202.50 1190.25 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Oct 11 49.00
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      79 31 CRUDE OIL PRODUCTS Oct 5 Oct 5 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 102.35 1.00 WTI (Near Mth) 79.53 4.21 Dubai (1-Mth F) 95.75 0.22 Tapis blend 110.06 0.15 Minas 103.06 0.15 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 93.39 unch Jet Kerosene 117.60 0.05 US$/barrel
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    • Article
      Lock icon GOVERNMENT SECURITIES
      81 31 Oct 6 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 05.01.2012 0.22 1-Year BY*****X 02.05.2012 0.22 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.63 103.70 103.66 5-Year N*****0W 1.125 01.04.2016 102.60 102.70 102.70
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      434 31 Oct 6 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.4550 0 3402 Mar12 99.3850 0 2428 Jun12 99.3700 0 1228 Sep12 99.3700 0 744 EUROYEN TIBOR FUTURES Dec11 99.6900 0 2382 Mar12 99.6850 0 2128 Jun12 99.6875 0 1470 Sep12 99.6850 0 610 Dec12 99.6900
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    • Article, Illustration
      Lock icon SMX MARKET UPDATE
      120 31 As on 05 October 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE PREV CLOSE PRECIOUS METALS Gold Cash DEC-11 1642.20 1598.10 1631.70 1616.2 Silver Cash DEC-11 30.595 28.520 30.030 29.85 CURRENCY US Dollar-Jap Yen DEC-11 76.85 76.55 76.69 76.86 Euro-US Dollar Cash DEC-11 1.3372 1.3273 1.3367 1.3237 Aust-US
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    • Article
      Lock icon SGX FUTURES
      177 31 Oct 6 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Nov 11 416.9 407.6 415.1 118 271 Dec 11 412.3 408.5 412.0 60 499 Jan 12 414.2 246 Feb 12 413.0 412.5 415.2 10 134 Mar 12 413.9
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    • Article
      Lock icon LONDON METALS
      71 31 Oct 5 Oct 5 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2135.25 2139.00 3 months 2170.00 2174.00 Copper, Grade A (US$/tonne) Cash 6800.75 6779.25 3 months 6820.00 6800.00 Lead (US$/tonne) Cash 1919.25 1923.00 3 months 1892.00 1886.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)
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    • Article
      Lock icon LIFFE
      84 31 Oct 5 Oct 5 COCOA (£/tonne) Close Prev High/Low Dec 11 1717 1706 1734/1709 Mar 12 1743 1732 1759/1735 May 12 1758 1748 1774/1750 Jul 12 1773 1764 1789/1767 COFFEE (US$/tonne) Close Prev High/Low Sep 11 1990 2008 2030/1980 Nov 11 2018 2035 2059/2010 Jan 12 2044 2060 2084/2044
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    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      1940 31 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 0.8 1 150 45 130.00 31 ASJ Hldgs W*****1 0.5 1 4 36 6.60 4 AlliedTech W*****2 1.7 1 4 25 Aztech Grp W*****3 0.6 1 20 106
      1,940 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 31 Oct 6 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.010 6.187 0.728 7.555 47.688 86.767 0.745 11.538 3.086 1.263 84.559 42.384 1.264 7.651 0.900 29.704 30.189 0.628 0.971 Canada 0.990 6.125
      464 words
    • Article
      Lock icon SIBOR
      82 31 Oct 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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon PRECIOUS METALS
      139 31 Oct 6 GOLD (US$/oz) Oct 06 Oct 04 Hong Kong 1650.30 1669.50 Oct 05 Oct 04 London 1611.39 1627.79 1613.10 1629.51 Source: Thomson Reuters CAST BAR Oct 06 (S$) Selling Buying Kilobar 73,607.44 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 165 69 5gm 468 343 10gm 836
      139 words
    • Article
      Lock icon PALM OIL
      57 31 Oct 6 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Oct 11 2835 2820 2835 2790 239 1287 Nov 11 2850 2817 2850 2767 2670 ***** Dec 11 2799 2808 2810 2754 ***** ***** Jan 12 2799 2808
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    • Article
      Lock icon STOCK INDEX FUTURES
      31 31 Oct 6 Oct 6 Open High Sett STI Oct 2585 2585 2601 SIMSCI Oct 291.2 299.7 298.9 Taiwan Oct 247.3 255.1 252.2 Source: MF Global (S) Pte Ltd
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    • Article
      Lock icon US$/S$ FORWARD RATES
      22 31 Oct 6 S$ Bid Offer 1-month 1.3020 1.3024 2-months 1.3019 1.3023 3-months 1.3013 1.3018 6-months 1.2987 1.2995 Source: OCBC
      22 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 31 Oct 6 Oct 6 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2634 1.2644 0.9703 0.9708 Canadian dollar 1.2508 1.2517 0.9606 0.9611 Euro 1.7367 1.7375 1.3338 1.3341 NZ dollar 1.0004 1.0013 0.7683 0.7688 Sterling pound 2.0111 2.0122
      156 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      123 31 As at 9am Oct 06 Oct 06 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.284 1.223 Can dollar 1.272 1.224 Euro 1.77 1.702 Sterling pound 2.051 1.973 NZ dollar 1.024 0.976 US dollar 1.322 1.272 Local dollars to 100 units
      123 words
    • Article
      Lock icon INTERBANK RATES
      154 31 Oct 6 $S Offer Bid 0vernight 0.02 0.01 1-month 3/16 1/16 2-months 3/16 1/16 3-months 1/4 1/8 Overnight mode: 0.01 US$ 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 0.75 0.55 9 months 0.95 0.75 12
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  • Article
    Lock icon THE BUSINESS TIMES SHIPPING TIMES
    5072 32 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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  • Page 32 Advertisements
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      Lock icon Page 32 Advertisements Column 1
      28 32 Experienced ship maintenance services wanted, Can they find your services here in the Shipping Times? KLINE BSA To All Shipping Advertisers: Please call Joe Wong at 9620 1327
      28 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon PUMP UP THE passion
      1621 34  -  Ex-PMEB hobbyists are taking their driving passions to the next level with skills certifications, TAN TECK HENG TAN TECK HENG DIRECTOR of four private preschools Wendy Choong manages her business in the day, and spends time with her two daughters after work. But on top of
      PHOTOS OF WENDY CHOONG, CELIA LIM, SEET SOON CHUEN: ARTHUR LEE; PHOTO-MONTAGE: JENNIFER  -  1,621 words
    • FESTIVALS AROUND THE WORLD
      • Article, Illustration
        Lock icon Night at the museums
        1053 35  -  Munich’s Long Night of Museums stands out with its festive mood, MICHELLE YEO The writer is a student at the University of Chicago IT is midnight in the Bavarian National Museum, one of the finest cultural history museums in Europe. The lights are still up and
        BLOOMBERG; FILE PHOTO  -  1,053 words
    • CINEMA
      • Article, Illustration
        Lock icon That old switcheroo
        619 36  -  By GEOFFREY EU TOILET humour is very much in evidence in The Change-Up, a comedy that tries hard to find the right balance between cuteness and crassness and ends up crossing that thin line a little too often for comfort. The film is a reworking of an
        619 words
      • Article, Illustration
        Lock icon Law and disorder
        584 36  -  By GEOFFREY EU AMONG other things, the United States Constitution was designed to protect individuals and guarantee their right to a fair trial,butit wasn’t always that way not according to Robert Redford anyway. The Conspirator tells the story of a moment in the country’s history when these
        SHAW  -  584 words
      • Article, Illustration
        Lock icon Bots clashfest with heart
        527 36  -  Real Steel’s Hugh Jackman can melt even the most CGI-hardened hearts, reviews DYLAN TAN IMAGINE Rocky with a plucky child star and robots and you’ll get a pretty good idea of what kind of movie Real Steel is. The father-son melodrama underscoring it may be cliched
        DREAMWORKS  -  527 words
      • Article, Illustration
        Lock icon Buy-in to a cop-out
        499 36  -  By DYLAN TAN IN the same way documentary-maker Morgan Spurlock didn’t want you to eat fast food the same way again with Supersize Me, he’s out to challenge the way you watch films and view advertising with his latest expose The Greatest Movie Ever Sold. It
        499 words
      • Article, Illustration
        Lock icon Quaint outing marred by ending
        556 36  -  DVD REVIEW By CHRISTOPHER LIM MID-LIFE crises that turn into unlikely voyages of self-discovery make for some of the best weekend entertainment, and Henry’s Crime hits many sweet spots in its fantasy ride. But a satisfying ending is crucial for these sorts of yarns, and
        556 words
    • MUSIC/ENTERTAINMENT
      • Article, Illustration
        Lock icon Finely honed blues rock
        624 37  -  Renegade Creation plays its debut album at TAB next Friday, Renegade Creation Renegade Creation Blues Bureau International Rating: B writes CHRISTOPHER LIM SUPERGROUPS bands that only comprise established musicians are all the rage these days, partly because managers like being able to consolidate star power in
        NIK GLEN  -  624 words
      • Article, Illustration
        Lock icon Mad Chinaman strikes again
        444 37  -  By DYLAN TAN LOCAL singer-songwriter-playwright Dick Lee is pleasantly surprised by how well his one-man-show, The Adventures of the Mad Chinaman, has gone down with the local audience so far. “I was worried that nobody would come because I’ve been off the radar lately, with my
        444 words
      • Article, Illustration
        Lock icon Retro-active duo
        539 37  -  By MELISSA LWEE-RAMSAY IT has been more than 20 years since Bananarama’s Love In The First Degree hit the charts worldwide but every time it comes on during Mambo Jambo nights on Wednesdays at Zouk, the catchy tune still manages to garner excited cheers from the dancing crowd.
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      • Article, Illustration
        Lock icon Feuding for the throne
        549 37  -  GAMING REVIEW By CHRISTOPHER LIM THE Game of Thrones TV series and the A Song of Ice and Fire series of novels by author George R R Martin it’s based on may fall into the fantasy genre, but the plot’s real premise lies in politics and
        549 words
    • ARTS
      • AROUNDTOWN
        • Article, Illustration
          Lock icon Midweek madness
          174 38 LAUGH away your mid-week blues with Overtime LOL Wednesdays (right). Featuring a formidable force of standup comedians Kumar, Chua Enlai, Judee Tan and Irene Ang, Overtime LOL Wednesdays promises to make you LOL each week in this month of October. The event is held each Wednesday at Overtime
          174 words
        • Article
          Lock icon Gear up for the Maine event
          199 38 The setting for Almost, Maine by John Cariani might be imagined, but you can be sure its themes are real. Local theatre company, The Mechanicals Theatre Company, is adapting the American play for an intimate venue at Se7en1nch this week. A series of nine
          199 words
        • Article
          Lock icon Republic Poly's dance showcase
          148 38 After a gruelling week under the tutelage of the Battery Dance Company from New York, Republic Polytechnic’s Hip Hop, Malay Dance and Modern Dance Interest Groups will be showing off their new skills at the polytechnic’s Republic Cultural Centre today. The students had joined workshops under
          148 words
        • Article
          Lock icon Shop for silk at Tabitha Foundation
          133 38  -  Compiled by NATALIE KOH If shopping for home-ware and fashion items is on your list this weekend, why not do it for a good cause? The Tabitha Foundation is holding a Silk Fair, where you can expect a wide variety of high quality items,
          133 words
      • Article, Illustration
        Lock icon Retooling art
        796 38  -  Chinese artist Tie Ying works with photos to tell a story of his own life, writes NATALIE KOH THE Cultural Revolution might have officially ended in 1976, but Chinese artist Tie Ying doesn’t think so. He’s not talking about the tragedy that China went through during those years,
        PHOTOS: ELEMENT ART SPACE  -  796 words
      • Article, Illustration
        Lock icon Lie of the land
        582 38  -  By NATALIE KOH CHINA has always been seen as a pretty conservative society, ditto for its art world. But an exhibition at the Private Museum is featuring four Chinese artists who are challenging that notion, with works that question the rapidly changing urbanscape in their home
        582 words
      • Article, Illustration
        Lock icon Bogeyman in the basement
        645 38  -  By NATALIE KOH WHEN the curtains of Pangdemonium! Productions’ Dealer’s Choice opened last Friday night at the Drama Centre Theatre, there was a collective gasp of amazement. A realistic London restaurant kitchen sat on the stage, complete with working taps and a ventilation fan, with a
        645 words
    • ARTS/DRINK
      • Article, Illustration
        Lock icon Art goes on a Thai high
        771 39  -  Bold new works from Thailand’s young artists go on show, writes CHEAH UI-HOON ONE artist draws her family and immediate friends and looks to daily life for inspiration, another artist’s works are a multimedia reaction to the quantity of information out there. Two Thai
        771 words
      • Article, Illustration
        Lock icon Worlds apart in art
        772 39  -  By MADHVI SUBRAHMANIAN INDIAN and Chinese artists take centre stage in a current exhibition in town their works a visual commentary on the two fastest developing economies in the world. Regards Croises is curated by Art Plural Gallery, a new gallery in town owned by Frederic
        PHOTOS: ART PLURAL  -  772 words
      • Article, Illustration
        Lock icon Brushes with an idyllic past
        712 39  -  By MADHVI SUBRAHMANIAN SINGAPORE may have gone from Third World to First in one generation from an economic point of view, but it hasn’t been without sacrifices especially in terms of heritage. Preserving what’s left of its past has now gained priority with institutions and
        GALERIE BELVEDERE  -  712 words
      • Article, Illustration
        Lock icon Top tipple for Asia
        549 39  -  DRINKS By CHRISTOPHER LIM SINGAPOREANS and Asians at large are so single-mindedly focused on premium wines and spirits that entry-level and mid-range brands popular in other marketsdon’tdo wellhere,saidPernodRicard chief executive Pierre Pringuet last Monday in his first interview here since becoming CEO three years ago. “The
        549 words
    • WINE/BOOKS
      • Article, Illustration
        Lock icon Enriching the palate
        1171 40  -  Fine examples of staple Bordeaux fare for the education and foundation of one’s palate abound in stores, writes N K YONG THOSE who travel frequently to Western countries, especially for extended periods, are no doubt familiar with the feeling of how you’re not really “home again” until
        1,171 words
      • Article, Illustration
        Lock icon Beauty in squalor
        736 40  -  BOOK REVIEW By CHRISTOPHER LIM GRAPHIC novels are meant to create a style and mood in addition to delivering narrative, and Sonny Liew’s Malinky Robot is as visually memorable as it is absorbing. It compiles five stories that star two homeless street urchins, Atari and Oliver, and
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      124 35 In-Room Dining Make Yourself at Home Take time to unwind, for a few nights or more. Being away doesn’t mean you have to miss the comforts of home. Here, you can enjoy a home-cooked meal with your family in your own dining room. In major cities across the world, award-winningAscott
      124 words
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      127 37 +p> HIE THE WINE GLASS COMPANY GRAPE VARIETAL SPECIFIC* Participate in a Fascinating Comparative Riedel Glass Tasting conducted by Georg J. Riedel (10th Generation) Venue: Date: Time: Includes: *-S I The Ritz-Carlton Chihuly Room, Level 3 7 Raffles Avenue, Singapore *****9 Tuesday, 15 November 2011 Registration starts at 6.30 pm
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  • Page 38 Miscellaneous
    • Miscellaneous
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      313 38 CRYPTIC CROSSWORD Across 1 Treating cancer a doc gets agreement (10) 6 Biting a Spanish hero (4) 9 Endlessly refrigerate one spicy ingredient (5) 10 Corrupt Ernest accepts small bribe (9) 12 Home Counties Tory feeling apprehensive about Parliamentary process (6,7) 14 She turns out woman after game (8) 15
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      308 40 eyN UiU BOSCH Invented for life Exclusive 30-day Trial for Bosch Dishwasher* ADVANTAGES OF A DISHWASHER Kills 99.9% of Germs Saves Water (and your bills) Clean Your Dishes More Thoroughly o>» BOSCH O-a Green Technology inside FREE 1 Month Supply Of Finish Dishwasher Detergent flfllSfl) During Trial Period BOSCH 60CM
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