The Business Times, 17 November 2011
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2011-11-17
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The Business Times
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Title Section23 2011-11-17 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 120/08/2011 Thursday, November 17,23 words
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Article, Illustration746 2011-11-17 1 TEH SHI NING - Most businesses bracing for tough times ahead, BT-UniSIM survey shows Reports by TEH SHI NING [SINGAPORE] All indicators on the latest Business Times-UniSIMBusiness Climate Survey came in negative for the first time since Q2 2009. And while the quarterly survey’s leading indicators746 words
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268 2011-11-17 1 [SINGAPORE] China is still the market with the best prospects for most businesses here, making this the sixth straight year China has been the most favoured market. However, this result comes alongside a sharp spike in pessimism among companies about business prospects both locally268 words
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Article, Illustration453 2011-11-17 1 KENNETH LIM - By KENNETH LIM [SINGAPORE] It was the sort of day that no one linked with Yanlord Land Group Ltd will forget in a hurry. What might have begun as an occasion to clink champagne glasses ended with a flat taste in the mouth.Source: Bloomberg - 453 words
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Article141 2011-11-17 1 HST INDEX 2,807.44 (-4.14) HST INDEX FUTURES 2,807 (-4) HSIMSCI 320.09 (-0.81) HSIMSCI FUTURES 319.70 (-0.60) FOREX US$ S$ US$ (S$ per US$) 1.295 (US$/S$ per 1.577 2.042 EURO (US$/S$/E) 1.346 1.743 Foreign currency per US$ S$ YEN 77.00 59.40 RM 3.159 2.439 HK$ 7.784 6.012 BAHT 30.87141 words
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Advertisement108 2011-11-17 1 OPINION What EAS can and cannot achieve PAGE 23 HOCK LOCK SIEW France, Germany have own problems to worry about PAGE 5 CORPORATE FOCUS Ho Bee on expansion path PAGE 6 PROPERTY 2 more major tenants for Mapletree Business City I PAGE 31 f DO BETTER IF POSSIBLE, AND THAT108 words
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Advertisement12 2011-11-17 1 BizIT vPCs new flavour of cloud deployment PAGE 27 8 '*****1 *****412 words
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TOP STORIES
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Article587 2011-11-17 2 Outlook turns gloomy after 2 years of cheer ALL indicators on the latest Business Times-UniSIM Business Climate Survey came in negative for the first time since Q2 2009. And while the quarterly survey’s leading indicators still predict at least 5 per cent growth for Singapore’s economy this year587 words
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Article, Illustration658 2011-11-17 2 LYNETTE KHOO - By LYNETTE KHOO [SINGAPORE] Corporate restructuring specialist Nicky Tan yesterday took pains to press home the point that he was the brains behind the way Teledata was supposed to rescue eSys. Taking the stand, he also rebutted eSys Technologies founderFILE PHOTO - 658 words
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Article, Illustration502 2011-11-17 2 EMILYN YAP - Firms facing biggest impact include those offering bundled goods and services By EMILYN YAP [SINGAPORE] The accounting industry is one step closer to changing the way companies recognise revenues from contracts, as the top standard-setting bodies issued revised proposals on this on Monday. Their502 words
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Article, Illustration549 2011-11-17 2 LYNETTE KHOO - By LYNETTE KHOO [SINGAPORE] The mystery deaths of abalones at Oceanus Group have triggered an internal probe, and a management revamp for all its Chinese subsidiaries is now underway. Executive chairman Ng Cher Yew told BT yesterday that Oceanus is still verifying the reasonsBLOOMBERG - 549 words
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587 2011-11-17 2 JAMIE LEE - By JAMIE LEE [SINGAPORE] The Singapore Exchange (SGX) has held early discussions with technology firm First Derivatives on building a system of high-speed trading, says a senior executive at First Derivatives. This comes after First Derivatives designed a system to monitor marketmaking activity587 words
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218 2011-11-17 2 Bloomberg [SINGAPORE] Khazanah Nasional Bhd and Temasek Holdings Pte, the state-owned investment companies of Malaysia and Singapore, have hired banks to arrange S$5 billion of property development loans, according to two people familiar with the matter. Eight lenders will contribute to the five-year bulletBloomberg - 218 words
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Article, Illustration475 2011-11-17 4 SIOW LI SEN - Bank rolls out $20m automated system to cut form filling for customers By SIOW LI SEN [SINGAPORE] Irate that your bank has to photocopy your IC each time you want to buy a unit trust although you are an existing customer? Well OCBC said475 words
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Article, Illustration549 2011-11-17 4 Reuters [BANGKOK] Thailand’s government has put forward proposals for an amnesty for convicts that seem designed to allow self-exiled former premier Thaksin Shinawatra to return home without serving a sentence for abuse of power, Thai media reported yesterday. The proposed amnesty was agreed atReuters - 549 words
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499 2011-11-17 4 MICHELLE TAN - By MICHELLE TAN [SINGAPORE] Settlement risk remains the biggest risk in global foreign exchange (FX) markets today, says Alan Bozian, president and CEO of the world’s largest settlement bank, CLS Bank International. To explain the mechanisms of settlement risk in FX markets499 words
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Advertisement179 2011-11-17 4 There Are Some Things In Life For Which You'll Never Compromise Your health is clearly one of them, and we understand. That's why Paragon Medical is home to a total of over 60 specialists, ensuring you get the best of care to stay in perfect healths MEDICAL SERVICES: Aesthetics/Cosmetic Surgery179 words
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COMPANY NEWS
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Article, Illustration506 2011-11-17 5 JAMIE LEE - To succeed, parties should show merger benefits, not have big market share By JAMIE LEE EVEN as focus swings towards a merger between Tokyo Stock Exchange (TSE) and Osaka Stock Exchange, some argue that the brick-and-mortar consolidations will continue to be difficult due toBLOOMBERG - 506 words
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93 2011-11-17 5 Reuters [SINGAPORE] Sucrogen, the Australia-based sugar unit of Singapore-listed Wilmar International Ltd yesterday said that it agreed to buy the assets of Proserpine Cooperative Sugar Milling Association for A$120 million (S$157 million). “The current agreement comprises a headline price of A$120 million, plus a workingReuters - 93 words
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693 2011-11-17 5 R SIVANITHY - HOCK LOCK SIEW By R SIVANITHY THE word “bailout” has come to occupy an increasingly prominent role in daily financial market dialogue. In the United States, it was the Federal Reserve and the US Treasury which bailed out the “too big to fail” banks693 words
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564 2011-11-17 6 KALPANA RASHIWALA - It’s looking for opportunities in 6-9 months’ time due to present uncertainty Reports by KALPANA RASHIWALA HO BEE Investment is looking for opportunities to pick up sites in the Singapore residential property market in six to nine months’ time. The last564 words
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Article, Illustration973 2011-11-17 6 CORPORATE FOCUS HO BEE was in the recent past a stockmarket darling as investors and analysts found its exposure to the Sentosa Cove waterfront housing district appealing in the heydays of the luxury housing market boom in 2007. However, going ahead, what could underpin973 words
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335 2011-11-17 7 MICHELLE TAN - Market cap up since end-2010; sector in strong recovery from 2008 rut By MICHELLE TAN SENTIMENT within the Asia-Pacific real estate investment trust (Reit) universe has improved, according to the Asia Pacific Real Estate Association (APREA). “At the beginning of this month, the market335 words
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298 2011-11-17 7 Reuters [TOKYO] Nikko Asset Management plans to list its shares through a 45.5 billion yen (S$764 million) initial public offering on the Tokyo Stock Exchange, in what is likely to be Japan’s second-biggest IPO this year. The country’s third-largest asset managerReuters - 298 words
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COMPANY BRIEFS
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66 2011-11-17 7 KEPPEL Singmarine, a wholly owned unit of Keppel Offshore Marine, won two contracts worth $47 million. It will build a coal transhipment barge for repeat customer PT Indo Straits Tbk, and deliver it in Q4 2012. The other project will be to build66 words
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94 2011-11-17 7 UNITED Overseas Bank (UOB) announced that its subsidiary UOB Global Capital LLC (UOBGC), together with Eagle Rock RE Holdings LLC, has formed an investment management company called UOB Eagle Rock GP LLC in Delaware. UOBGC will own 33.3 per cent of UOB Eagle Rock.94 words
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67 2011-11-17 7 SHENG Siong Group Ltd said its unit, CMM Marketing Management Pte Ltd, has sold its property at 3000 Marsiling Road to Lam Soon Cannery Pte Ltd for $15 million. The sale of the property, which used to be Sheng Siong’s corporate headquarters and warehousing67 words
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Article49 2011-11-17 7 YOMA Strategic Holdings Ltd said that it is in discussions with a potential candidate to be appointed as its new chief executive officer “to bolster and strengthen the management team”. Its current CEO and executive chairman, Serge Pun, will remain as executive chairman.49 words
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639 2011-11-17 7 Reuters [SHANGHAI] A unit of the Bank of China (BOC), one of the country’s top four banks, is planning to kick off an iron ore swaps business next year in a bid to tap growing demand for hedging from steel mills and traders,Reuters - 639 words
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Advertisement85 2011-11-17 5 www.vw.com.sg Passat CC VIP sale Very Incredible Prices offered on our four-door coupe. To make room for our new model, we are offering the Passat CC at incredibly low prices. So now there's never been a better time to enjoy streamlined performance. Hurry down to Volkswagen Centre Singapore today, before85 words
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Advertisement1086 2011-11-17 6 thebusinesstimeswww.businesstimes.com.sg SEPTEMBER 24-25, 2011 S$1.00 MICA (P) 121/08/2011 weekend www.businesstimes.com.sg SEPTEMBER 24-25, 2011 S$1.00 MICA (P) 121/08/2011 the raffles conversation CAREER DIPLOMAT BARRYDESKER 12-13 cheap funds Local banks to slash savings ratesDBS Bank, OCBC DBS Bank and UOB will offer amere 0.05 per cent mere come October, even asHSBC and1,086 words
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Advertisement29 2011-11-17 7 Hwm r.'V. Bladon holdall I travel for travel's sake. The great affair is to move Robert Louis Stevenson, writer Chrome tanned leather with solid brass hardware unni dunhill.com LONDON29 words
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SINGAPORE MARKETS
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Article, Illustration647 2011-11-17 8 R SIVANITHY - Spectre of looming European debt crisis continues to hover over trading in the markets STOCKS R SIVANITHY Senior Correspondent ASTEEPselloffinHong Kong and China was yesterday counterbalanced by a firm opening in Europe, making for a volatile day that ended with traders betting on WesternSource: Bloomberg - 647 words
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Article66 2011-11-17 8 Nov 16 VALUE CLOSE BT OB/OS -173.00 +165.0 BT CADI -*****.00 -65.0 BT 10-day MA -*****.00 -17.00 FTSE ST Mid Cap 618.67 -1.77 FTSE ST Small Cap 417.23 +0.39 FTSE ST All Share 672.67 -1.04 FTSE ST China Top 193.49 +0.61 FTSE ST China 228.42 +0.19 FTSE66 words
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Article186 2011-11-17 8 MAIN CATL TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 5 7 4 0 0 0 5 7 4 Manufacturing 46 57 38 4 4 4 50 61 42 Commerce 12 28 12 4 2 3 16 30 15 Tpt/Stor/Comms 14 20 8186 words
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Article119 2011-11-17 8 TURNOVER (‘000) VALUE (‘000) MAIN CATL TOTAL MAIN CATL TOTAL Multi Ind 16,970 16,970 46,110 46,110 Manufacturing 194,652 1,673 196,325 134,015 39 134,054 Commerce 123,396 5,195 128,591 145,434 373 145,807 Tpt/Stor/Comms 174,856 36,544 211,400 185,342 4,285 189,626 Finance 14,565 14,565 145,514 145,514 Construction 41,050 18,181 59,231 12,059119 words
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Article112 2011-11-17 8 Stock name Close Change CapMallsAsia 1.360 +0.005 CapitaLand 2.710 +0.010 CapitaMall 1.800 +0.030 CityDev 10.500 -0.060 ComfortDelGro 1.405 -0.010 DBS Grp 12.870 F&N 6.200 -0.060 GLP 1.790 -0.060 Genting SP 1.595 +0.005 Golden Agri 0.675 +0.005 HK Land 4.750 -0.100 JMH 50.890 -0.110 JSH 31.080 +0.930112 words
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Article, Illustration551 2011-11-17 8 CURRENCIES Reuters [LONDON] The euro clawed back from one-month lows against the dollar and yen yesterday after the European Central Bank was seen defending Italian and Spanish debt from a renewed market sell-off. The euro fell as low as US$1.3429 inReuters; REUTERS - 551 words
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Article57 2011-11-17 8 VOLUME Libra 91,324,000 Noble Grp 67,598,000 Golden Agri 64,155,000 Genting SP 62,384,000 Yanlord 52,239,000 LippoMalls R 50,780,000 HPH Trust US$ 33,894,000 S i2i 33,395,000 EastgateTech 30,629,000 Memstar 27,880,000 VALUE($) Genting SP 98,953,050 Noble Grp 80,407,415 DBS Grp 69,940,420 SingTel 63,009,060 Yanlord 61,394,925 Golden Agri 43,272,565 UOB 42,141,43057 words
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Article111 2011-11-17 8 BY CENTS CLOSE UP GLD 10US$ ***** 129.5 0.6 JSH 3108 120.4 3.1 Lyxor AsiaIT 10US$ 2398 67.3 2.2 DBXT DBCBDJUBS 10US$ 3473 64.7 1.5 DBXT FTVietnam 10US$ 2103 25.9 1.0 Yanlord 119.5 13.5 12.7 Yanlord.ES.1111 120 13.5 12.7 Yanlord BPeCW*****2 46 13.0 39.4 IS MSCI Spore 1179 13.0111 words
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Article119 2011-11-17 8 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-336.6 -2.5 DBXT S&P Short 10US$ 4217-314.6 -5.4 DBXT E50 10US$ 3411-295.2 -6.3 DBXT MSKorea 10US$ 5284-121.7 -1.7 DBXT FTChina25 10US$ 2694-104.9 -2.9 IS S&P500 *****-102.3 -0.6 DBXT AUDMM 5SG$ ***** -69.0 -0.3 DBXT MSEurope 10US$ 4009 -60.9 -1.2 DBXT MSAsExJp 10US$119 words
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Advertisement47 2011-11-17 8 How to run a business without running out of ideas SME Nov/Dec issue out now! Available at Caltex, Esso, Shell and SPC petrol stations, 7 Eleven and Cheers stores and leading bookstores To subscribe ($30 for six issues delivered to your office or home), please call 6388-383847 words
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SINGAPORE NEWS
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317 2011-11-17 9 LYNN KAN - 310 CPFIS-included funds lose 10% over the quarter ended Sept 30 By LYNN KAN IT was a shoddy third quarter for funds under the Central Provident Fund Investment Scheme (CPFIS), as worsened macroeconomic conditions in the West battered their performance. The 310 CPFIS-included317 words
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252 2011-11-17 9 UMA SHANKARI - By UMA SHANKARI SEVENTY-THREE per cent of newlyweds who applied for HDB’s build-to-order (BTO) flats for the first time in July this year were invited to choose one, National Development Minister Khaw Boon Wan said yesterday. He shared the figure in his252 words
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246 2011-11-17 9 LYNN KAN - By LYNN KAN SINGAPORE and Malaysia have opened up a tender to appoint an architectural and engineering consultant for the Rapid Transit System (RTS) that will link Singapore with Johor Baru. The consultant will evaluate the technical aspects of the RTS246 words
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Article, Illustration522 2011-11-17 9 CHUANG PECK MING - Panel may look into Timor Leste’s bid to join grouping By CHUANG PECK MING in Bali, Indonesia FOREIGN ministers of the Association of Southeast Asian Nations yesterday endorsed Myanmar’s bid to chair the 10-member regional grouping in 2014. They will recommend this toDESMOND WEE/THE STRAITS TIMES - 522 words
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Article, Illustration506 2011-11-17 10 GRACE LEONG - Knowledge sharing, updated strategies will help keep organised crime out By GRACE LEONG CASINO regulation and enforcement should be taken to new levels to discourage organised crime groups from gaining a foothold in Singapore’s fledgling gaming industry, a government official said yesterday. Speaking at506 words
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Article, Illustration213 2011-11-17 10 THE Dover Park Hospice has raised $1.6 million from a fund-raising dinner as well as from sponsorship calls for its building facilities. The donation sum, which will be matched dol-lar-for-dollar by the government under the Silver Trust Fund, will go towards increasing the213 words
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Article, Illustration1200 2011-11-17 10 CHEONG QIN XUE, LIM; DAO CHANG; YUAN YE - MD looks for commitment and capability in his management team By CHEONG QIN XUE, LIM DAO CHANG and YUAN YE The writers are students from NUS Business School COMMITMENT and capability are the two key traits which Rodney Cheong, managing director of Seiko Architectural Wall SystemsARTHUR LEE - 1,200 words
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290 2011-11-17 10 DOLLY CHIA - Remanufacturers, precision works providers targeted By DOLLY CHIA A REMANUFACTURING and green packaging initiative has been launched to stimulate growth in eco-friendly industries. Supported by Spring Singapore, it targets remanufacturers, precision engineering service providers and companies interested in venturing into remanufacturing. The Singapore Institute290 words
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300 2011-11-17 10 KELLY TAY - By KELLY TAY HONG Kong-listed Intime Department Store (Group) Co Ltd has announced that the Government of Singapore Investment Corporation Pte Ltd (GIC) is raising its stake in the firm from 2.44 per cent to 9.08 per cent. In a filing to300 words
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SINGAPORE ROUNDUP
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61 2011-11-17 10 THE owners of Coronation Grove have relaunched their property for en bloc sale with a lower expected price. Said Yong Choon Fah, executive director of Credo Real Estate, which is handling the collective sale exercise: “At the moment, owners are prepared to consider offers above61 words
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72 2011-11-17 10 THE Urban Redevelopment Authority (URA) yesterday released the detailed sales conditions for a hotel site at Rangoon Road/Farrer Park Station Road. Made available for application under the Reserve List of the second half 2011 Government Land Sales (GLS) Programme, the land parcel has72 words
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Advertisement248 2011-11-17 9 WHAT WILL YOU DO ABOUT IT? ,T 4 r m 5 ii f. w BE EMPOWERED. There are opportunities in every market. The challenge is discovering where they are. Intelligent investors use Saxo's leading trading and advanced research tools to find them. Backed by our award-winning technology, products and services,248 words
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Advertisement5 2011-11-17 10 i/" 6100.0080 (SBCaCBiSEBS® QMEfitSBia °£03]g/7ggr©€EC5eEg>£K)5 words
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ECONOMY WATCH
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Article, Illustration473 2011-11-17 11 ANTHONY ROWLEY - By in Tokyo ANTHONY ROWLEY in Tokyo BANK of Japan governor Masaaki Shirakawa yesterday warned that Europe’s sovereign debt crisis poses the biggest risk to the global economy while a continuing flight from the euro pushed Japanese bond yields to their lowestBLOOMBERG - 473 words
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425 2011-11-17 11 Reuters [SYDNEY] Australian wages rose by less than expected last quarter as public sector pay growth slowed to a decade-low, lessening the danger of inflation and leaving the door open for further cuts in interest rates if needed. The government’s main measure ofReuters - 425 words
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645 2011-11-17 11 IMF warns of strains on bank funding and a worsening of average credit quality Bloomberg [Hong Kong] Hong Kong’s “rapid” credit growth has increased the risk that banks are making bad loans as the city faces a potential recession ifBloomberg - 645 words
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Advertisement102 2011-11-17 11 See the bigger w Trade FX/CFDs with our new iPad app, plus market data, charts and news all in one view. Available on the App Store Search for 'IG Markets for iPad' to get your free app. IG MARKETS CFD Trading can result in losses that exceed your initial deposit.102 words
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MALAYSIA/INDONESIA
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Article, Illustration454 2011-11-17 12 S JAYASANKARAN - It only needs minor change in rules, not constitutional amendment By S JAYASANKARAN in Kuala Lumpur MALAYSIA’S Attorney-Gen-eral gave the nod to the use of indelible ink in elections after he told a bipartisan parliamentary panel yesterday that only a minorTHE STAR/ASIA NEWS NETWORK - 454 words
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506 2011-11-17 12 ONG CHOR HAO - By ONG CHOR HAO [SINGAPORE] Indonesia’s latest rate cut could end up hurting its economy instead of helping the country to preserve growth in the face of an uncertain world outlook, analysts have said. The Bank of Indonesia cut its overnight rate last506 words
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Article, Illustration664 2011-11-17 12 Regional markets offer bigger growth prospect for EPMB Ta k ;;a stock Malaysia A special series brought to you by Bursa Malaysia and ShareInvestor An investment holding company with subsidiaries in automotive parts production, EP Manufacturing Bhd (EPMB) is looking to go beyond664 words
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491 2011-11-17 12 PAULINE NG - By PAULINE NG in Kuala Lumpur THE Malaysian government will be spared RM6.5 billion (S$2.7 billion) in compensation payments owed to Plus Expressways Bhd (PEB), as the latter’s new owners UEM Group and the Employees Provident Fund (EPF) have both agreed to waive491 words
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Advertisement772 2011-11-17 12 MIRACH ENERGY LIMITED (Incorporated in Singapore on 11 June 2003) (Company Registration No. *****5397E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING (“EGM”) of Mirach Energy Limited (the “Company”) will be held at 10 a.m. on 9 December 2011 at Coleman Room II, Level772 words
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GREATER CHINA/INDIA
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475 2011-11-17 13 It attracts US$95b in this period; Oct inflow is US$8.3b Reuters [BEIJING] Foreign direct investment (FDI) into China climbed nearly 16 per cent in the first 10 months of 2011 from a year earlier as foreign investors continued toReuters - 475 words
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276 2011-11-17 13 Bloomberg [MUMBAI] India’s US$17 billion of unscheduled bill sales this fiscal year are fuelling concerns that Finance Minister Pranab Mukherjee will increase his bond issuance plan for a second time to meet cash needs. The government auctioned 110 billion rupeesBloomberg - 276 words
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347 2011-11-17 13 Reuters [HONG KONG] When China makes overseas investments, it aims to make profits and build influence, not just give away money, the general manager of China Investment Corp (CIC), the world’s biggest sovereign wealth fund, said on Tuesday. His remarks came as China pressedReuters - 347 words
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Advertisement106 2011-11-17 13 WAREHOUSING LOGISTICS SERVICES Warehouse Space (120 7,000 sq ft) Open Storage Space (3,100 25,000 sq ft) Trucking of Haz Non-Haz Chemicals Oil Products General Purpose Containers Container Isotank Depot Services Other Logistics Services Agents Welcome Call 9797 1029/9178 6185 Sets appeal Mentawais' seismic surf Rainbow walls 4 reef highlights a106 words
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Advertisement12 2011-11-17 13 ASIA MIDDLE EAST EUROPE NORTH AMERICA SOUTH AMERICA ©2011 Hilton Worldwide conradhotels.com12 words
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WORLD
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Article, Illustration575 2011-11-17 14 MALMINDERJIT SINGH - Growth of regional groupings seen as positive development By MALMINDERJIT SINGH in Bangalore THE proliferation and progress of other regional groupings are a positive development against the backdrop of disappointment of the Doha Round of negotiations. Speaking to BT at the sidelines of the 11th meeting575 words
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605 2011-11-17 14 Big firms forced to consider shifting production abroad to secure profits AP [TOKYO] The “Made in Japan” brand is at a crossroads as more firms face a tough choice over whether or not to move production overseas to escape theAP - 605 words
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493 2011-11-17 14 Bloomberg [SAN FRANCISCO] Apple Inc beefed up its board by appointing Art Levinson as chairman, filling a vacancy left by the death of Steve Jobs, and adding Walt Disney Co chief executive officer Robert Iger as a director. Mr Levinson, on Apple’s board since 2000,Bloomberg - 493 words
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Article, Illustration117 2011-11-17 14 AP [NEW YORK] Fernando Botero’s monumental bronze “Dancers” has fetched more than US$1.7 million at a New York auction, setting a new record for a sculpture by the renowned Colombian artist. The more than 3m- tall sculpture, which depicts a couple standing face to face, as if– AP; REUTERS - 117 words
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Article, Illustration317 2011-11-17 14 Reuters [GENEVA] A huge yellow diamond known as the “Sun-Drop Diamond” sold for 11.28 million Swiss francs (S$15.9 million), a world record for a yellow diamond, at auction on Tuesday, Sotheby’s said. The diamond, the w o r l d s l ar g esReuters; AP - 317 words
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Article, Illustration641 2011-11-17 15 It will not survive unless it becomes more integrated, disciplined, he adds Reuters [STRASBOURG, France] The eurozone faces a systemic crisis and will not survive unless it becomes more integrated and disciplined, possibly through a change of the European Union’s treaty, European Commission presidentReuters; AP - 641 words
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326 2011-11-17 15 Reuters [TOKYO] Japan’s disgraced Olympus Corp is preparing to take legal action, including possible criminal complaints, against any executives found responsible for the accounting scandal engulfing the firm, according to an internal staff email. The memo, obtained by Reuters yesterday, was sent to OlympusReuters - 326 words
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Article330 2011-11-17 15 Bloomberg [NEW YORK] John Paulson, the billionaire hedge fund manager having his worst year, is cutting risk in his hedge funds further as the European sovereign debt crisis roils markets, according to two people briefed on the matter. The New York-based firm, which has US$28Bloomberg - 330 words
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Article, Illustration599 2011-11-17 16 Up to 2,500 troops to be deployed on 6-month rotation, with 250 for a start Bloomberg [CANBERRA] US President Barack Obama and Australian Prime Minister Julia Gillard have announced a defence accord to deploy American Marines on Australian bases next year as theBloomberg; BLOOMBERG - 599 words
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503 2011-11-17 16 Bloomberg [NEW YORK] JPMorgan Chase Co, saying Lehman Brothers Holdings Inc owes it US$6 billion, asked a judge to allow the claims in full, saying it acted “in conformity with reasonable commercial practices” as a lender to the former investment bank. LehmanBloomberg - 503 words
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244 2011-11-17 16 Reuters [FRANKFURT] Car demand in the eurozone fell 3.7 per cent month-on-month in October, a weak indicator for retail sales in the currency area going into the final quarter as economists worry about a possible contraction in output. Registrations of new cars in theReuters - 244 words
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Article, Illustration596 2011-11-17 16 Reuters [BANGKOK] Floodwater in parts of Thailand’s capital, Bangkok, is receding after weeks of inundation but Prime Minister Yingluck Shinawatra and water experts said that residents in some western districts could still be suffering into next year. However, Ms Yingluck reassured investors at aReuters; AFP - 596 words
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538 2011-11-17 18 More good news for Oct as industrial production advance more than forecast LATEST US DATA Bloomberg [WASHINGTON] The cost of living in the US unexpectedly fell in October for the first time in four months, a sign that inflationary pressures mayBloomberg - 538 words
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352 2011-11-17 18 Reuters [ROME] Former European Commissioner Mario Monti formed a new technocratic government in Italy yesterday to face a major debt crisis threatening the entire eurozone. The government has the urgent task of tackling a crisis that has pushed Italy’s borrowing costs toReuters - 352 words
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459 2011-11-17 18 A downward growth spiral appears to be setting in AFP [BRUSSELS] Caught in a vicious circle of economic problems, leaders in Europe now openly fear a “lost decade” ahead with data pointing towards a fresh recession in the New Year. Weighed down byAFP - 459 words
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Article, Illustration433 2011-11-17 18 AFP [MADRID] Spain’s battered economy stalled in the third quarter of 2011, official data showed yesterday, feeding recession fears in the midst of market turmoil four days ahead of general elections. A feeble economic recovery, with 0.2 per cent growth in the secondAFP; AP - 433 words
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604 2011-11-17 18 Bloomberg [LONDON] Job losses in the global financial services industry this year are close to surpassing 200,000 as Citigroup Inc, France’s BNP Paribas SA and Bank of America Corp (BOA) eliminate jobs to reduce costs. Citigroup, the US bank that shook upBloomberg - 604 words
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Advertisement155 2011-11-17 14 Effigy NANYANCT University of California TECHNOLOGICAL UNIVERSITY Berkeley Nanyang Business School Haas School of Business A strategic fusion of East and West business wisdom. Be a part of this distinguished cohort. A ,y\ A?." V V V J V 0 V !>'**** InHiRaGunawardhanS Divisional Director BERKELEY-NANYANG ADVANCED MANAGEMENT PROGRAMME International155 words
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Advertisement77 2011-11-17 16 Over 1 20,000 downloads! 913FM SkA^Tlus. ea 913FM Get your f 1*66 iPhone/iPad app now! 'as of 17th Oct 2011 91.3FM TCDflV'S BEST MUSIC Available on the App Store tablat THE HEARTBEAT OF THE INDIAN COMMUNITY Namaste, Singapore Indian PM Manmohan Singh making official visit to the Republic j .v77 words
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Advertisement4217 2011-11-17 17 MANDATORY UNCONDITIONAL CASH OFFER by KIM ENG KIM ENG CORPORATE FINANCE PTE. LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****7700C) for and on behalf of SINGAPORE PETROL DEVELOPMENT CO PTE. LTD. (Incorporated in the Republic of Singapore) (Company Registration No. *****6177H) to acquire all the issued and4,217 words
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Advertisement12 2011-11-17 18 They cost more than a house Are luxury mobile phones smarter? Tosubscribe,call6388-3838orgotosphsubscription.com.sg12 words
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Advertisement268 2011-11-17 18 "<®fc MATS NOTICES DARCO SOLUTIONS TO WATER WASTE DARCO WATER TECHNOLOGIES LIMITED (Company Registration Number *****6732C) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Darco Water Technologies Limited (the "Company") will be held at Room 207, Level268 words
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AVIATION
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Article, Illustration717 2011-11-17 19 Sources: Row over who would first get the latest jet nearly scuppered the deal Reuters [DUBAI] Qatar Airways placed a US$6.5 billion order for Airbus jets hours after walking away and telling the European giant to go back to basics in aReuters; AFP PHOTOS - 717 words
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Article, Illustration386 2011-11-17 19 Bloomberg [NEW DELHI] GR Gopinath, who founded India’s first budget carrier and later sold it to Vijay Mallya’s Kingfisher Airlines Ltd, said the billionaire is wrong to quit the low-cost market to focus on full-serv-ice operations. “It’s simply a flawed strategy forBloomberg - 386 words
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Article, Illustration551 2011-11-17 19 Reuters [SYDNEY] Australia’s Qantas Airways is hopeful of reaching an agreement with three key unions by a Nov 21 deadline, its chief executive said yesterday, after it grounded its fleet last month in a desperate bid to end industrial disputes. TheReuters - 551 words
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490 2011-11-17 19 Reuters [ABUJA, Nigeria] Britain and Nigeria struck a deal on Tuesday to ensure that British Airways (BA) flights continue to run daily between London and Lagos until the end of the year, the two countries said, after a dispute over landingReuters - 490 words
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Page 19 Miscellaneous
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Miscellaneous380 2011-11-17 19 CRYPTIC CROSSWORD Across 1 Kitchen items subsequently put into containers (5,5) 6 Smoother line of soldiers (4) 8 Dependability of old hat I used in part of farm (8) 9 Number classically participating in excursion (6) 10 PM has no hesitation going round pub it adds a bit of spice380 words
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3018 2011-11-17 20 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 Destination3,018 words
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Page 20 Advertisements
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Advertisement22 2011-11-17 20 Experienced ship maintenance services wanted, Can they find your services here in the Shipping Times? TO ADVERTISE, CALL JOE WONG AT *****32722 words
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SHIPPING
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Article, Illustration542 2011-11-17 21 Oversupply of ships, prolonged slump in freight rates to blame, says bank Bloomberg [LONDON] Very large crude carriers (VLCCs) that start trading this year and next will run at a loss for at least 24 months, as supply of newBloomberg; BLOOMBERG - 542 words
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316 2011-11-17 21 Reuters [BEIJING] Maritime security in the South China Sea will be discussed at a regional summit on Bali this week, the White House said on Tuesday, defying China’s desire to keep this sensitive topic off the agenda. “We believe that theReuters - 316 words
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475 2011-11-17 21 Reuters [LONDON] The Baltic Exchange’s main sea freight index, which tracks rates to ship dry commodities, turned positive on Tuesday as fresh iron ore sales to China boosted earnings and sentiment on the larger capesize market. The overall index rose 28Reuters - 475 words
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240 2011-11-17 21 Bloomberg [SINGAPORE] STX Offshore Shipbuilding Co will build six container vessels that will be the world’s sec-ond-biggest as shipping lines opt for greater capacity to counter rising fuel costs. The US$1.6 billion agreement for ships able to carry 16,000 20-foot containers each,Bloomberg - 240 words
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Article278 2011-11-17 21 SGX '000 Nov 16 S$ +/-Vol CH Offshore 0.37 0.01 1 Chuan Hup Hldg 0.22 -0.01 200 Cosco Corp 0.94 unch 9611 CWT Ltd 1.04 -0.01 143 Ezra Hldgs 0.93 -0.01 4038 First Ship Lea 0.31 unch 292 Freight Links 0.06 unch 1194 Grand Banks unch unch 0278 words
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Page 21 Advertisements
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Advertisement20 2011-11-17 21 FREIGHT Er FORWARDER urgently needed by shippers Shipping Times? THE BUSINESS TIMES TO ADVERTISE, CALL JOE WONG AT 9620 132720 words
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Advertisement34 2011-11-17 21 USE THIS SPACE TO SELL, CALL JOE WONG AT 9620 1327 TO ADVERTISE. THE BUSINESS TIMES SHIPPING TIMES Legal services required by shippers owners Can they find your services here in the Shipping Times?34 words
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EDITORIAL & OPINION
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Article493 2011-11-17 22 EDITORIAL THE Trans-Pacific Partnership (TPP) began in 2005 as a largely obscure free trade arrangement between Singapore, Brunei, Chile and New Zealand. The last two years saw five more economies the United States, Australia, Malaysia, Vietnam and Peru officially entering the talks. Last weekend,493 words
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Article, Illustration740 2011-11-17 22 ROBERT SAMUELSON - THE BOTTOM LINE ROBERT SAMUELSON The Washington Post Writers Group AMID Europe’s economic turmoil, a question nags: Where is the IMF? Created in 1945 and reflecting the breakdown of global cooperation in the Great Depression the International Monetary Fund was intended to preventThe Washington Post Writers Group - 740 words
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Article, Illustration905 2011-11-17 22 ERIK BERGLOF - The threat lies in deteriorating balance sheets in the face of lower sovereign-debt quality By ERIK BERGLOF The writer is chief economist, European Bank of Reconstruction and Development THE gravity of the eurozone crisis has finally sunk in. The stakes could not be higher. GovernmentsBLOOMBERG - 905 words
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Article, Illustration1139 2011-11-17 23 PRADUMNA B RANA - Asia’s confusing regional architecture needs to be more streamlined and clearly defined at the Bali Summit this weekend By PRADUMNA B RANA The writer is an associate professor in international political economy at the S Rajaratnam School of International Studies (RSIS) in Singapore andREUTERS - 1,139 words
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Article, Illustration837 2011-11-17 23 JOHNNY SUNG - By JOHNNY SUNG The writer is from Centre for Skills, Performance Productivity Research, Institute for Adult Learning, Singapore AT the recent Singapore Economic Policy Forum, a very important topic came up: whether it is time to move away from the reliance on837 words
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SINGAPORE STOCKS
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Article7984 2011-11-17 24 Transaction date: Nov 16 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 11.6 8Telecom 15.5 11.6 15.5 7.8 3.9 3.2 74.2 9.5 4.1 A-Sonic 4.6 unch 75 4.6 4.6 4.6 5.47,984 words
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Article1559 2011-11-17 25 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 12.2 t 800 Super 12.9 12.9 13.5 4.7 4.3 5 23.1 5.5 2.5 t AA Grp 3.3 2.6 3.5 15.7 3.2 200 981,559 words
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Article10070 2011-11-17 25 UNIT TRUSTS FUNDS UNIT TRUSTS APS Asset Mgt Pte Ltd APS Alpha Fund Cl A!** 1.19/ APS Alpha Fund (USD)!** 0.93/ AXA Life Secure Ascent 2020 Fund 0.*****/0.***** AXA Wealth Mgt S'pore Pte Ltd AXA WM -Talents Fund 0.61/ Aberdeen Asset Mgt Asia Limited American Opp 0.6365/ Asian Credit Fund10,070 words
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Article225 2011-11-17 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 55.5 34 AVJennings A39 38.5 49 3.6 9 3.1 101.6 49 25.5 Genting HK US$ US29 +1 ***** 29 28 28.5 29 1909.5 15 10 OGL Resources225 words
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Article875 2011-11-17 25 52-Wk Last Vol Day Last Quote Div GrYld Net MCap High Low Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 130 108 ABF SG Bond ETF 118.9 115.1 117.8 542.8 1261 856 CIMBAsean40 100US$ US961 -6 22 967 961 975 38.4 ***** ***** DBXT AUD Bonds875 words
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FINANCE & COMMODITIES
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373 2011-11-17 26 In local curr In S$ In US$ dy yr dy yr dy yr Nov 15 Index Change Change Change Change Change Change World Preliminary 825.2 -0.6 -8.1 -0.5 -6.5 -0.8 -7.5 EAFE Preliminary 679.0 -0.6 -15.2 -0.9 -12.9 -1.2 -13.7 Europe Preliminary 1006.6 -0.7 -13.9373 words
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Article, Illustration128 2011-11-17 26 As on 15 November 2011 www.smx.com.sg PRODUCT CONTRACT HIGH LOW CLOSE VOL (in Lots) PRECIOUS METAL GOLD FUT DEC2011 1785.50 1761.70 1782.30 114 SILVER FUT DEC2011 34.190 33.970 34.460 10 CURRENCY AUD-USD FUT DEC2011 1.0178 1.0074 1.0141 3028 EUR-USD FUT DEC2011 1.3634 1.3497 1.3538 9223 GBP-USD FUT128 words
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Article77 2011-11-17 26 CRUDE OIL PRODUCTS Nov 15 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 111.53 -0.45 WTI (Near Mth) 99.51 1.43 Dubai (1-Mth F) 109.43 -0.64 Tapis blend 119.01 -1.93 Minas 115.21 -1.93 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 95.00 -1.33 Jet Kerosene 130.95 -0.85 US$/barrel Opec Oil77 words
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Article166 2011-11-17 26 Nov 16 SICOM RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Dec 11 339.9 333.0 339.9 66 422 Jan 12 340.0 330 Feb 12 342.5 205 Mar 12 347.5 288 Apr 12 352.5 145 May 12 355.0 355.0 355.5166 words
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Article71 2011-11-17 26 Nov 15 Nov 15 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2099.50 2145.75 3 months 2122.00 2165.00 Copper, Grade A (US$/tonne) Cash 7662.75 7739.00 3 months 7685.00 7760.00 Lead (US$/tonne) Cash 1979.75 2027.25 3 months 2006.00 2055.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne)71 words
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Article107 2011-11-17 26 Nov 15 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 12 1200.25 1178.25 1206.25 1178.25 Mar 12 1210.25 1188.75 1216.00 1188.50 May 12 1219.75 1199.00 1225.75 1199.75 Jul 12 1228.25 1207.75 1234.00 1209.00 SOYBEAN/OIL (60,000 lbs; US cent/lb) Close Previous High/Low Dec 11 52.60107 words
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Article85 2011-11-17 26 Nov 16 Nov 16 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****W 16.02.2012 0.32 0.24 0.24 1-Year BY*****W 01.11.2012 0.30 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****Z 2.250 01.07.2013 103.42 103.47 103.45 5-Year N*****0W 1.12585 words
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Article454 2011-11-17 26 Nov 16 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec11 99.3925 0 1732 Mar12 99.2550 0 2564 Jun12 99.2600 0 1151 Sep12 99.2650 0 559 EUROYEN TIBOR FUTURES Dec11 99.6700 99.6725 99.6700 99.6725 0 2477 Mar12 99.6700 0 1954 Jun12 99.6725 0 1470 Sep12 99.6700 0454 words
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Article82 2011-11-17 26 Nov 15 COCOA (£/tonne) Close Prev High/Low Dec 11 1579 1576 1580/1552 Mar 12 1610 1599 1611/1579 May 12 1625 1614 1625/1594 Jul 12 1641 1629 1642/1609 COFFEE (US$/tonne) Close Prev High/Low Nov 11 1844 1842 1851/1846 Jan 12 1892 1890 1906/1872 Mar 12 1928 1924 1943/1908 May 1282 words
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2080 2011-11-17 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Vol Conv Exer Disc Gear-Mths Company Last Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 2 1 150 45 52.50 30 ASJ Hldgs W*****1 0.2 1 4 27 16.50 3 AlliedTech W*****2 1.7 1 4 24 Ascendas Reit.ES.1111 203 Aztech Grp W*****3 0.42,080 words
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Article464 2011-11-17 26 Nov 16 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 1.037 6.410 0.750 7.861 51.363 91.290 0.777 11.453 3.190 1.317 87.751 43.843 1.308 8.283 0.929 30.517 31.174 0.641 1.010 Canada 0.964 6.181464 words
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Article82 2011-11-17 26 Nov 16 (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$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths82 words
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Article139 2011-11-17 26 Nov 16 GOLD (US$/oz) Nov 15 Nov 16 Hong Kong 1768.00 1773.50 Nov 14 Nov 15 London 1781.53 1779.03 1782.62 1780.08 Source: Thomson Reuters Source: Reuters CAST BAR Nov 16 (S$) Selling Buying Kilobar 79,249.55 ***** PAMP GOLD BARS (S$) Selling Buying 1gm 178 74 5gm 504 369139 words
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Article60 2011-11-17 26 Nov 16 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Dec 11 3181 3254 3260 3170 878 9244 Jan 12 3181 3246 3256 3160 ***** ***** Feb 12 3177 3241 3255 3157 ***** ***** Mar 12 3173 324060 words
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Article24 2011-11-17 26 Nov 16 Open High Sett STI Nov 2807 SIMSCI Nov 320.7 322.8 319.7 Taiwan Nov 266.2 268.7 261.2 Source: SGX Derivatives24 words
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Article154 2011-11-17 26 Nov 16 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3071 1.3081 1.0096 1.0101 Canadian dollar 1.2605 1.2612 0.9736 0.9739 Euro 1.7424 1.7431 1.3458 1.3460 NZ dollar 0.9924 0.9929 0.7665 0.7667 Sterling pound 2.0412 2.0418 1.5766 1.5767154 words
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Article22 2011-11-17 26 Nov 16 S$ Bid Offer 1-month 1.2947 1.2950 2-months 1.2946 1.2950 3-months 1.2944 1.2948 6-months 1.2919 1.2927 Source: OCBC22 words
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Article121 2011-11-17 26 As at 9am Nov 16 Singapore dollars to one unit of foreign currency: Currencies Sell Buy Aust dollar 1.341 1.278 Can dollar 1.288 1.239 Euro 1.779 1.711 Sterling pound 2.083 2.003 NZ dollar 1.023 0.975 US dollar 1.313 1.263 Local dollars to 100 units of foreign121 words
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Article154 2011-11-17 26 Nov 16 $S Offer Bid 0vernight 0.01 par 1-month 5/16 3/16 2-months 5/16 3/16 3-months 5/16 3/16 Overnight mode: 0.03 US$ Offer Bid 7 days 0.30 0.20 1 month 0.45 0.25 2 months 0.55 0.35 3 months 0.60 0.40 6 months 0.80 0.60 9 months 0.95 0.75 12154 words
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BizlT THE BUSINESS OF INFOCOMM TECHNOLOGY
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Article, Illustration902 2011-11-17 27 AMIT ROY CHOUDHURY - In Singapore, cloud has become a part of mainstream IT, says analyst By AMIT ROY CHOUDHURY WITH more mature technologies and services, the use of the cloud in Singapore has changed over the past two years. Cloud services have moved on from simple SaaS902 words
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Article, Illustration835 2011-11-17 27 First full-colour touchscreen Kindle now available in US AP [NEW YORK] The Kindle was always an odd product name. Amazon used a verb to name a thing, raising the question: Kindle what? Now we have the answer: Kindle Fire. The Kindle Fire is theAP - 835 words
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659 2011-11-17 27 DOUG HIBBERD - <you say> By DOUG HIBBERD The writer is senior vice-president, engineering and general manager, APAC for Solarwinds IN a report by Market Intel Group, Asia-Pacific virtualisation technology markets are predicted to top US$59 billion growth over the period of 2010-2016. As more companies659 words
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Page 27 Advertisements
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Advertisement55 2011-11-17 27 WITH EVERY NOVEMBER ISSUE OF SIMPLY HER Si NAG HIM PftE-XMAS MUST-BUY5 blurts, IMIMHI ■riiils A- 'MoriAnd hell be X3T by your side A lour M u> I I'd! Dim I ml I Clutch Bag* in Black, Nude or Turquoise We're SimplyHer BEAUTY, WELLNESS DINING A 36-page booklet with discount55 words
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PROPERTY
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661 2011-11-17 28 Law to be tweaked to allow property funds to buy older buildings: official Reuters [HONG KONG] The Japanese government has set a target that would see the listed property sector in Japan triple in size, an official said yesterday. The 10-year-oldReuters - 661 words
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1536 2011-11-17 28 H ousehunt PROPERTY TRANSACTIONS FOR DISTRICTS 1 TO 20 WITH CONTRACT DATES BETWEEN OCT 19 AND OCT 25, 2011 PROJECT NAME/ STREET NAME PROP TYPE CONTRACT DATE TENURE BUILT-IN/LAND AREA*(SQ FT) PRICE (S$'000) PSF (S$) District 1 NON-LANDED One Shenton Apt 24/10/2011 99 1206 2169 1798 The Clift Apt 20/10/20111,536 words
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Article, Illustration845 2011-11-17 29 Occupancy rate in first nine months of the year is 61%, 2nd lowest in Asia Bloomberg [SHANGHAI] The expansion of hotel chains such as Hilton Worldwide and Hyatt Hotels Corp in China may be undermined by low demand as four inBloomberg; AFP - 845 words
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Article, Illustration368 2011-11-17 30 UMA SHANKARI - It falls 3 rungs in Q3 from Q2; New York City remains No 1, HK stays at No 2 By UMA SHANKARI [SINGAPORE] Singapore dropped three rungs to take 19th spot in a quarterly ranking of the world’s most expensive retailFILE PHOTO - 368 words
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Article, Illustration624 2011-11-17 31 KALPANA RASHIWALA - Toshiba takes 52,000 sq ft of space; Samsung Asia, 80,000 sq ft By KALPANA RASHIWALA [SINGAPORE] Mapletree Business City (MBC) at Pasir Panjang Road is said to have bagged two more tenants for its business park towers. Toshiba will be taking nearly 52,000MAPLETREE BUSINESS CITY - 624 words
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Page 28 Advertisements
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Advertisement282 2011-11-17 28 Henry Park Site for Condo with 1stLevel Shops District 10, Land 99,800 sf; 999 years GPR 1.4, Residential with Commercial at 1ststy Opposite Henry Park Primary School Cold Storage Jelita, Holland Village, etc Potentialfor100aptsof1,000sf,excludingshops Tender Closing on 1 Dec 2011 (Thurs), 2.30pm 6227 6066TenderClosingon1 Dec 2011 (Thurs), 2.30pm angela.lim@credo.com.sg (CEA282 words
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Page 29 Advertisements
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Advertisement465 2011-11-17 29 New Exclusive Projects Rare gem Jalan Sultan, 2 Storey with Mezzanine y 15 units Conservation Shop houses fully restored y 99 Leasehold (Build-in 32,993sqft, Land 15,196sqft) Selling Enbloc with land and building Suitable for Retail, Office, F B and Hotel Call Billy 9230 9575 for more details. www.billyong.com R*****6E HSR465 words
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Advertisement84 2011-11-17 29 2 blocks single-storey detached factory on 2 land parcels Land Area Approx 2,378 sm (25,596 sq ft) Zoning Part Residential Part Business 1 Tenure Estate in Fee Simple Walking distance to Aljunied MRT Tender Closing: 15 Dec 2011 (Thur), 3pm Chan Leiling (R*****5H) 9119 5761 Chow Kok Seng(R*****6J) 9685 755784 words
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Advertisement169 2011-11-17 29 4fH!k QUILLION REAL ESTATE INVESTMENT Your compass to global property investment BUILDING WEALTH THROUGH STRUCTURED PROPERTY INVESTMENT i-:C. T nuJtl- aiml I"- .-5 "Y*. x_ M 1 < t 7!=-1 —t s V •:-"i TUI i*** We identify opportunities, build portfolios and help our clients maximize their worldwide assets under169 words
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Advertisement791 2011-11-17 30 4?<y<P s THE SANCTUARY KENSINGTON WEST LONDON HIGH YIELD LUXURY LONDON INVESTMENT 55 interior designed studio 1, 2 and 3 bedroom luxury apartments Short journey times to many of London's leading universities, colleges and schools Minutes walk to Kensington Olympia underground station 10 year new homes warranty Close to High791 words
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Advertisement162 2011-11-17 30 FOR SALE BY TENDER MACRITCHIE RESERVOIR LOWER PIERCE RESERVOIR PRESTIGIOUS ISLAND COUNTRY CLUB THOMSON VIEW CROWN JEWEL OF THOMSON... THOMSON VIEW RARE DISTRICT 20 RESIDENTIAL SITE Gigantic Land: 50,196.9 sq metres (540,314 sqft or 12.4 acres) Master Plan 2008: Residential Use With Gross Plot Ratio 2.1; Up to 24 storeys162 words
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Advertisement549 2011-11-17 31 FOR SALE BY TENDER DISTRICT 15 EAST COAST FREEHOLD RESIDENTIAL SITE 100% Consensus Obtained Land Size 1,708.6 sqm (or 18,391.2 sqft approx) Master Plan 2008 For Residential Use with Gross Plot Ratio of 1.4; Up to 5 Storeys Regular Shape Land With Flat Terrain Peaceful, Quiet, Tranquil With Very Private549 words
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Advertisement29 2011-11-17 31 Single-storey production with two-storey office Location Eunos LA Approx 27,000 sq ft GFA Approx 20,000 sq ft Tenure Bal. Approx 28yrs Leiling *****761 *****775 KnightFrank.com.sg R*****5H License No. L*****36J29 words
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Page 32 Advertisements
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Advertisement161 2011-11-17 32 The LANGE ZEITWERK gave the mechanical watch a new face. Now, this can also be heard. 7 e 52 m c so GLASHUTTE VSA For the master watchmakers at A. Lange Sohne, the LANGE ZEITWERK theirlatestopus,theLANGEZEITWERKSTRIKINGTIME.Becausethiswatch was a formidable challenge. Never before had a mechanical wristwatch with a also accompanies161 words
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