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02-Sep-2010 18:57

Genting HK USD / Genting HK US$

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Thursday: 2 SEPTEMBER 2010 CLOSING

e Genting HK US$	S21	i	--	USD	0.300	+0.010	+3.5	31,090,000	2,424,000	0.295	0.300	4,037,000	0.295	0.290	0.300	0.290	M	--	SGX	S21	GENH.SI
GENTING BHD	3182	i	CD	MYR	9.480	+0.090	+1.0	9,631,800	2,000	9.440	9.480	500	9.470	9.390	9.590	9.380	--	--	KLS	3182	GENT.KL
GENTING MYS BHD	4715	i	CD	MYR	3.040	+0.040	+1.3	5,724,000	2,000	3.020	3.040	52,100	3.020	3.000	3.040	3.010	--	--	KLS	4715	GENM.KL
Genting SP	G13	i	--	SGD	1.760	-0.040	-2.2	255,754,000	4,899,000	1.760	1.770	2,721,000	1.820	1.800	1.830	1.740	M	--	SGX	G13	GENS.SI
GentingSMBLeCW120402	J2UW	i	--	SGD	0.210	+0.005	+2.4	270,000	20,000	0.190	0.220	210,000	0.215	0.205	0.220	0.210	M	--	SGX	J2UW	GNML_td.SI
GentingSMBLeCW130103	L2PW	i	--	SGD	0.160	0.000	0.0	545,000	30,000	0.150	0.210	100,000	0.165	0.160	0.165	0.155	--	--	SGX	L2PW	GNML_tm.SI
GentingSMBLeCW130603	L0QW	i	--	SGD	0.205	0.000	0.0	390,000	10,000	0.200	0.215	50,000	0.210	0.205	0.215	0.195	M

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02-Sep-2010 18:51

Genting HK USD / Genting HK US$

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Thursday: 2 SEPTEMBER 2010 CLOSING

TOP VOLUME No. 10

e Genting HK US$ (S21)
Day Hi	0.300	Last	0.300	Vol	31,090,000
Day Lo	0.290	$Chng	+0.010

Price	Trades	Volume	Sold to Buyer	Mid	Bought from Seller
0.290	102	11,050,000	8,945,000	0	2,105,000
0.295	132	14,025,000	6,679,000	0	7,346,000
0.300	17	3,111,000	0	0	3,111,000
TOTAL	251	28,186,000	15,624,000	0	12,562,000


17:05:03	0.300	754,000	Bought From Seller
17:05:02	0.300	1,421,000	Bought From Seller
16:58:00	0.300	750,000	Bought From Seller
16:57:28	0.295	50,000	Sold To Buyer

14:17:05	0.295	276,000	Bought From Seller
14:17:04	0.295	250,000	Bought From Seller
14:17:03	0.295	520,000	Bought From Seller
14:17:01	0.295	900,000	Bought From Seller
14:17:00	0.295	70,000	Bought From Seller
14:16:52	0.295	20,000	Bought From Seller
14:16:50	0.295	50,000	Bought From Seller
14:16:45	0.295	1,000,000	Bought From Seller
14:14:43	0.295	1,000,000	Bought From Seller

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02-Sep-2010 18:40

User Research/Opinions / ^ Productivity ^ [Effecacy Efficiency Economy]

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Seven more IP schools and a new junior college

Alicia Wong

alicia@mediacorp.com.sg

SINGAPORE

The new JC, which will be completed by 2017, will admit IP students from Catholic High School, CHIJ St Nicholas Girls’ School and Singapore Chinese Girls’ School (SCGS).

The four other secondary schools to offer IP are: Victoria School, Methodist Girls’ School (MGS), St. Joseph’s Institution (SJI) and Cedar Girls’ Secondary School.

Victoria School and Cedar Girls’ will start the IP in 2012 while the rest will do so a year later.

In addition, Temasek Junior College will expand its IP to take in Secondary 1 and 2 students.

IP allows students to bypass the O levels and enter JC, where they sit for the A levels or International Baccalaureate (IB) programme.

Currently, 11 schools offer this through-train system.— Six years after the Integrated Programme (IP) was first introduced to Singapore’s increasingly diverse education landscape, the Ministry of Education (MOE) has announced it will be expanded with seven new schools coming on board and a new junior college to be built — bringing the total number of schools offering IP to 19.

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02-Sep-2010 18:33

User Research/Opinions / ^ Productivity ^ [Effecacy Efficiency Economy]

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MOE plans to hire more S’poreans and have 33,000 teachers by 2015

SINGAPORE

And Education Minister Ng Eng Hen says his ministry will be looking to hire Singaporeans.

Speaking on Tuesday, Dr Ng said: “There are educational reasons for that because as Prime Minister (Lee Hsien Loong) says, part of the educational outcome is to create a Singaporean identity, and it’s something that only Singaporeans can do well.”

Apart from increasing the number of teachers, the Ministry of Education (MOE) will also be stepping up their professional development.

Dr Ng said that, while remuneration would always be important, the MOE had observed that many Singaporeans looked beyond pay for job satisfaction.

Housed at the newly-named Goh Keng Swee Centre for Education, the four new teacher academies — namely the Academy of Singapore Teachers; Physical Education and Sports Teacher Academy (Pesta); Singapore Teachers’ Academy for the Arts (Star); and the English Language Institute of Singapore (Elis) — would provide more avenues for teachers to improve their craft.

The MOE said Pesta and Star would garner available skills from the National Institute of Education (NIE), tertiary institutions, schools as well as teaching communities abroad.

The two academies will also offer overseas attachment opportunities for art, music and physical education (PE) teachers.

One teacher told MediaCorp that the teaching academies were an exciting development, as they will provide further training beyond what teachers received from the NIE. He noted that teachers could also look forward to more post-graduate scholarships.

The recruitment drive will see the number of full-time PE and aesthetics teachers increase from 2,500 to about 4,500 by 2020.

With these additions, Dr Ng said the ratio in primary schools will go from 20 pupils to one teacher last year, to 15 pupils to one teacher in 2015.

In secondary schools, the ratio will go from 17 students to one teacher last year to 14 students to one teacher by 2015.— The hiring of teachers will be ramped up so that, by 2015, Singapore will have 33,000 teachers — about 10 per cent more than the current pool of 30,400.

Zul Othman

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02-Sep-2010 18:27

User Research/Opinions / ^ Productivity ^ [Effecacy Efficiency Economy]

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That is why ? ? ? ?

MerItOcracy is as wOrst as MedIOcrIty ? ? ? ?

Street Smart Nobel Laureates frOm Hard KnOck Life UnIversIty

are really far mOre InnOvatIve and creatIve than Ivy League UnIversItIes' graduates ? ? ? ?

niuyear ( Date: 02-Sep-2010 18:06) Posted:

I can still use my other family member's name to buy the private property while i am still staying in the 'less-than 5 years HDB flat"!!!

pharoah88 ( Date: 01-Sep-2010 22:24) Posted:

Three years enough
Letter from Maxie Tay
AS A property agent handling private and HDB resale transactions, I’ve observed that speculators are sub-letting HDB flats (some illegally) for the high rental yields while staying in their private properties, or vice versa.
At the same time, private resale volume is declining — the fear of a double-dip recession seems to be making an impact.
While I applaud the move to curb runaway HDB prices and soften private resale prices to help first-time buyers, I feel a three-year MOP with the condition of no subletting and no investing in private property would be sufficient.

Five years might put the private property market on ice, and send the entire market into a downward spiral.

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02-Sep-2010 18:15

User Research/Opinions / ^ Productivity ^ [Effecacy Efficiency Economy]

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COE bid deposits to be reinstated from next month
COE bid deposits for all categories of vehicles except motorcycles will be reinstated to $10,000 per bid from next month’s bidding exercise.
This is to deter frivolous or speculative bids which deny genuine bidders from getting a COE, the Land Transport Authority (LTA) said yesterday.
The bid deposit was halved in August last year as a temporary relief measure to help businesses and prospective vehicle owners during the economic downturn.

The bid deposit for motorcycle COEs remains at $200.

MI LTON SAU

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02-Sep-2010 18:11

Others / TRADE FREELY & LiVE LONGER

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More pay for fresh grads
Ong Dai Lin

dailin@mediacorp.com.sg
SINGAPORE
“With the recovery this year, employers have upped the salary stakes for finding the best talent from this year’s graduating classes,” said Mr Victor Chan, the firm’s country head of Reward Information Services.
However, those graduating next year, could expect lower starting salaries.
Mr Chan said that due to uncertainties in the global economy, companies will be more cautious. He expects starting salaries for bachelor’s and master’s degree-holders to fall.
Ms Annie Yap, managing director of human resource consultancy firm AYP Associates, agreed with this assessment.
“If the economy is going to move the way that analysts have predicted, then starting salaries will drop,” she told MediaCorp.
The survey, which was conducted in July across 89 companies, also found that one in four organisations intend to increase or maintain the number of contract positions this year.
Mr Chan said: “With business cycles becoming increasingly shorter, reliance on contract staff will only increase.
This means that graduates should be more open to accepting contract positions, rather than holding out for permanent positions.”
Agreeing, the executive director of The Singapore Human Resources Institute, Mr David Ang, said the trend of contractual jobs is “becoming a fact of life”.

For diploma-holders, research and development jobs command the highest salary at $1,799. The average starting pay for diploma holders is $1,746.— Fresh graduates this year are getting more pay, but only marginally. According to a survey by the management consulting firm, Hay Group Singapore, this year’s graduates command an average starting pay of $2,461 — only $28 more from $2,433 last year.

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02-Sep-2010 18:04

Others / TRADE FREELY & LiVE LONGER

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Starting pay for fresh graduates
Industry                            2009   2010   2011
                                                            (forecast)
Legal ....................................................... $2,565      $2,650     $2,392
Engineering ............................................ $2,597      $2,643     $2,607
IT & Telecommunications ................... $2,556      $2,623     $2,536
Research & Development ...................  $2,598      $2,629     $2,527
Logistics & Supply Chain .................... $2,451      $2,510     $2,332

Finance & Accounting ........................ $2,445 $2,510 $2,400

Average for all jobs ============ $2,433 $2,461 $2,418

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02-Sep-2010 17:57

Others / TRADE FREELY & LiVE LONGER

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Singapore an accounting hub? Panel calls for more post-grad courses

SINGAPORE

The panel, which included participants from public practice and executive search services, were gathered at a recent roundtable organised by the Association of Chartered Certified Accountants (ACCA) Singapore and the Institute of Internal Auditors Singapore (IIAS).

IIAS president Uantchern Loh noted: “In the re-set world of corporate governance and regulatory compliance, we see a growing demand in the region for highly-qualified talents to be Certified Internal Auditors [CIA].”

And the dearth of post-graduate courses and niche specialist pathways in the accountancy field was cited as a concern, as such options would also be needed to meet the needs of foreign graduates, the panel pointed out.

It added that post-graduate courses which incorporate an Asian perspective could put Singapore in a better position to compete with European and American universities.

The panel also concluded that, while accountancy graduates here “were technically proficient, many of them had deficiencies in language skills”.

“This was considered a significant impediment as communication skills were critical in a high value-add services-based economy,” said the panel, which added that “more diverse skill sets are required today due to the rising complexity of the business environment”. — The lack of post-graduate courses in accountancy could hamper Singapore’s bid to become an accounting hub, a panel of experts concluded yesterday.ESTHER NG

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02-Sep-2010 17:53

User Research/Opinions / ^ Productivity ^ [Effecacy Efficiency Economy]

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Singapore an accounting hub? Panel calls for more post-grad courses
SINGAPORE
The panel, which included participants from public practice and executive search services, were gathered at a recent roundtable organised by the Association of Chartered Certified Accountants (ACCA) Singapore and the Institute of Internal Auditors Singapore (IIAS).
IIAS president Uantchern Loh noted: “In the re-set world of corporate governance and regulatory compliance, we see a growing demand in the region for highly-qualified talents to be Certified Internal Auditors [CIA].”
And the dearth of post-graduate courses and niche specialist pathways in the accountancy field was cited as a concern, as such options would also be needed to meet the needs of foreign graduates, the panel pointed out.
It added that post-graduate courses which incorporate an Asian perspective could put Singapore in a better position to compete with European and American universities.
The panel also concluded that, while accountancy graduates here “were technically proficient, many of them had deficiencies in language skills”.

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02-Sep-2010 17:45

Others / TRADE FREELY & LiVE LONGER

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Three in 10 elderly people at risk of malnutrition, survey shows

Claire Huang and S Mustafa

clairehuang@mediacorp.com.sg

SINGAPORE

The survey conducted on 421 relatively healthy elderly people aged 50 years and above found that the risk of malnutrition increases with age.

Only one per cent of the elderly respondents met the Health Promotion Board’s diet recommendations, according to the survey conducted from February to March by Abbott, a global healthcare company.

Others did not take enough foods which contain calcium, carbohydrates and fibre.

The survey also shows that those who

Dr Chan Kin Wing, a Senior Consultant Geriatrician with the Gleneagles Medical Centre, said: “I think this is very significant — three in 10 is about 30 per cent. If we were to look in terms of absolute numbers, we are looking at almost 300,000 older people who are at risk.”

Malnutrition makes the elderly more prone to falls and fractures, affecting their level of independence and adding to healthcare costs, Dr Chan said.

Meanwhile, the Centre for Enabled Living (CEL ) has received $1.7 million in funding to help it build its capabilities and undertake more projects.

One initiative is the two-month “LivEnabled” campaign — to be launched on Monday — to help frail, elderly and people with special needs take better care of themselves.

“We hope to drive home the message that with the right support and access to health and social services, one can live an enabled life and with dignity,” said Ms Lee Kwai Sem, CEL’s chief executive.— The elderly in Singapore are not eating right — with a survey showing that three in 10 elderly people are at moderate-to-high risk of malnutrition.live in one and two-room HDB flats are at higher risk of malnutrition. That same predicament is faced by the elderly living in private apartments and condominiums.

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02-Sep-2010 17:36

Others / TRADE FREELY & LiVE LONGER

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today Thursday September 2, 2010

Buddha bar in Indonesia ordered closed

JAKARTA

It also ordered licensee PT Nireta Vista Creative, the official Jakarta tourism agency and Jakarta Governor Fauzi Bowo to pay damages of 1 billion rupiah ($148,000) to the plaintiffs for distress.

The city authorities had failed to consider the religious sensitivities when they approved the licence, the judges said.

Mr Sunardjo Sumargono, a lawyer for the Anti-Buddha Bar Forum which filed the complaint on behalf of local Buddhists said: “The licence holder was found guilty of blasphemy and of using Buddhist symbols and ornaments at an inappropriate place”.

The plush lounge bar and restaurant is the France-based chain’s first franchise in Asia, but it sparked protests almost from the moment it opened in late 2008 in central Jakarta. Its trademark Oriental styling — including a large sitting Buddha figure which dominates the bar area — infuriated Indonesia’s Buddhist minority. — An Indonesian court yesterday ordered the local branch of Paris-based Buddha Bar to close after convicting the licence holder of blasphemy, a lawyer said.AFP22

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02-Sep-2010 17:22

User Research/Opinions / ^ Productivity ^ [Effecacy Efficiency Economy]

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Through-train route could hurt N(A) students

Letter from Denis Edward

THE new route through which some Normal Academic (N(A)) students can bypass the O-level exams and go straight into a polytechnic may limit the student’s capacity.

The top local universities select local students based on 20 per cent of their O-level results and 80 per cent of their tertiary education results.

Therefore, N(A) students who choose to take the direct route into poly may be at a disadvantage if they wish to pursue a degree from these universities later on.

Poly graduates who have completed the O-level exam could be in a more competitive position when they apply to enter these universities.

While the recently formed Singapore Institute of Technology (SIT) caters to poly students who wish to pursue a degree, it will not have enough places to meet the demand.

There are more than 20,000 polytechnic students graduating every year. But the SIT will be able to accommodate only 3,500 students by 2015 and it will offer only engineering courses.

Polytechnics conduct a Direct Admissions Exercise, in which both Express and N(A) students are offered the opportunity to earn themselves a place even before their O-levels.

This current measure benefits all students and maintains the reputation of the polytechnics.

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02-Sep-2010 16:53

All-S Equities Fin / SINGAPORE BANKS - UOB + OCBC + DBS

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UO B
Neutral | $18.90
Goldman Sachs downgrades from Buy on view stock lacks near term catalysts.
Cuts target price to $20.80 from $22.70 after rolling over valuation basis to 2011, trimming 2010 to 2012 earnings estimates by 2 to 5 per cent to reflect margin pressure.

Notes UOB’s 2Q2010 loan growth slower than other 2 Singapore banks due to management’s cautious view.

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02-Sep-2010 16:32

TeleChoice Intl / Telechoice

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StarHub, M1 shares up on broadband optimism
Shares of StarHub and M1 propelled higher yesterday buoyed by optimism following the launch of fibre-based broadband services on Tuesday.
StarHub gained 2.03 per cent to close at $2.51 — its highest level since September 2008.
Analysts were bullish on StarHub’s prospects when Singapore’s high-speed Next Generation Nationwide Broadband Network comes into full play, citing its potential to capture the corporate market that has been dominated by SingTel.
Japan-based brokerage firm Daiwa upgraded StarHub to Outperform and raised its target price to $2.65 from $2.17.
StarHub will unveil its suite of new broadband services today.
M1 shares raced higher, up 1.84 per cent to $2.21. DBS Group
Research said M1 is the only telco to gain from the rollout of the network and expects M1’s share price to benefit as the market becomes confident in its execution.
Meanwhile, SingTel shares were unchanged at $3.08 a day after it announced a slew of high-speed broadband packages for consumers and businesses.

Analysts at Nomura noted that SingTel’s offerings were about 15 per cent to 25 per cent higher compared to existing digital subscriber line (DSL) and cable plans. Millet Enriquez

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02-Sep-2010 16:19

AusGroup / AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m

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Australia clocks fastest growth in three years

SYDNEY

Annual growth clocked 3.3 per cent, the Australian Bureau of Statistics said, smashing analysts’ forecasts and raising the prospect of renewed interest rate increases after an aggressive series of hikes was paused in June.

Economists had expected a 0.9 per cent rise from the March quarter and 2.8 per cent from a year earlier, while the annual figure compares with official forecasts of 3.0 per cent growth over the year to next June.

“These are an outstanding set of figures that all Australians can be proud of,” said Treasurer Wayne Swan. “Prime Ministers elsewhere would kill for a set of outcomes such as these,” he added.

The fastest quarterly increase since 2007 came from construction and scientific services, as well as mining.

Consumer spending rose a strongerthan- expected 1.6 per cent, while exports were 5.6 per cent higher. — Australia’s economy surged 1.2 per cent in the three months to June, the biggest jump in three years, data showed yesterday, boosted by a surprise recovery in consumer spending and soaring mining exports.AFP

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02-Sep-2010 16:09

Others / TRADE FREELY & LiVE LONGER

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GOLDEN TIGER

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02-Sep-2010 16:07

Straits Times Index / STI to cross 3000 boosted by long-term investors

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GOLDEN TIGER

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02-Sep-2010 16:00

Genting Sing / GenSp starts to move up again

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QUANTITY IN SELL QUEUE

which has nO Shares tO SELL

Or nO iNtentIOn tO SELL the shares

epliew ( Date: 02-Sep-2010 15:52) Posted:

fake seller.... ?

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02-Sep-2010 15:58

Genting Sing / GenSp starts to move up again

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DIVA COKE [FOAMING]

REVERSE Of DIVA POKE

BullishTempo ( Date: 02-Sep-2010 15:53) Posted:

Well since you mentioned this, I remember there was a 20 million buying queue at 1.81 which suddenly disappeared when people started selling...

pharoah88 ( Date: 02-Sep-2010 15:49) Posted:

FAKE MONSTER SELLER QUANTITY in SELLER QUEUE

whIch dIsappears In an Instant when BUYERS want tO BUY

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