The Business Times, 29 November 2007

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Microfilm: NL28570
Total Pages: 70
1 70 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial .com.sg a Singapore press holdings publication co regn no *****2868E mica (p) 202/12/2006 Thursday, November 29,2007
    25 words
  • Article
    Lock icon Quotas eased to lighten foreign worker squeeze
    871 1  -  JMA SHANKARI Door opens for more skilled workers, but some sectors still face crunch [SINGAPORE] The government yesterday announced that it will ease rules and allow more foreigners into the workforce to support Singapore's growing manpower needs. But while most industry players welcomed
    871 words
  • Article, Illustration
    Lock icon CAD complaint against man in SembMarine forex storm
    441 1  -  VINCENT WEE 3y SINGAPORE] More than a month after revealing that its group finance director Wee Sing Guan had engaged in unauthorised for3ign exchange transactions, SembCorp Marine announced yesterday that he had been summarily dismissed. Separately, its wholly-owned unit Jurong shipyard said
    441 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      44 1 I COMP 1,366.58 +1.59 IIKKEI225 15,153.78 -69.07 IANG SENG 27,371.24 +161.03 ;et INDEX 820.52 -2.47 JAKARTA COMP 2,671.90 +43.94 1ANILACOMP 3,537.00 +12.81 ;eoulcomp 1834.69 -25.10 ;henzhen B 634.57 +7.33 IUMBAI IND 18,938.87 -188.86 1100AM EDT Change 13,180.53 +221.44 )OW IAS DAI 2,647.66 +66.86
      44 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.00 INDONESIA 15.527 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.50 CANADA 6.25 SWITZERLAND 3.99 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ ier US$) 1.445 (USS/SS per 2.061 2.978 ;URO(US$/S$/E) 1.477 2.134 'EN 108.70 75.20 3.381 2.340 IK$ 7.785 5.388 !AHT 33.83 23.41 lUPIAH 9,413 6,514 1ENMINBI 7.396 5.119 INDIAN RUPEE 39.71 27.48 1.144 0.792 IZ$ 1.318 0.912
      39 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      48 1 BizlT FHft^P^' CHILDAID GAMING HOME EQUITY A boost for li^Pr^ m^P^^Ok. CONCERT Stanley Ho to seek LOSSES techno-strategists Kf A *Jsk! few. Striking the right chord USslb listing in HK Wells Eargo to write page 26 W HkiC!v ftlfci"^ OPZ torcharih page 2 page 19 oftUSSl.4b page 21
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  • TOP STORIES
    • Article
      Lock icon More supply but HDB prices will go up: Mah
      641 2  -  ARTHUR SIM Board may offer another 6,000 units through build to order scheme [SINGAPORE] The Housing and Development Board will continue to monitor demand and could offer another 6,000 units through its build-to-order (BTO) system. However, prices are also likely to
      641 words
    • Article, Illustration
      Lock icon Striking the right chord for charity
      393 2  -  LYNETTE KHOO The concert is going from strength to strength. It had raised $390,000 last year and $335,000 in 2005 an indication that more support is flowing in with each passing year. By [SINGAPORE] Last night's Child Aid concert not only racked up record
      JOHN HENG  -  393 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Portable foreigner job pass scheme widened
        71 2 THE government is acting to ease employers' labour pains. Manpower Minister Ng Eng Hen last night unveiled a package of foreign workforce measures that will go some way to loosen a tight labour market that is threatening to derail an economy currently on the
        71 words
      • Article
        Lock icon Keppel Land to build 140 Viet waterfront villas
        64 2 KEPPEL Land will build 140 waterfront villa homes in Ho Chi Minh City, its eighth residential development in Vietnam this year. It has entered into a joint venture with Vietnamese developer Hung Phu Real Estate Investment Corporation, to develop a 9.7 ha
        64 words
      • Article
        Lock icon Stamford Land in A$220m Sydney project
        76 2 STAMFORD Land, the hotel and property arm of shipping tycoon Ow Chio Kiat, is planning to build some of Australia's most expensive homes on the site of two old demolished warehouses and a heritage building in Sydney's The Rocks area. Even before the official
        76 words
      • Article
        Lock icon Ezra associate EOC wins US$148m deal
        47 2 EZRA Holdings yesterday said its Norway-listed associate EOC Ltd has secured the group's "maiden major regional contract", worth US$l4B million, to jointly transport and install oil exploration and extraction equipment off the coast of Thailand and Malaysia. COMPANY NEWS, PAGE 6
        47 words
      • Article
        Lock icon Inquiries over disputes with financial institutions double
        54 2 TWICE as many consumers this year expressed worries about their dealings with financial institutions compared to last year. The Financial Industry Disputes Resolution Centre said that the number of inquiries it has handled has doubled to 1,146 this year from 538 last year.
        54 words
      • Article
        Lock icon UK economy is Brown's biggest challenge
        43 2 FORGET the missing discs, a bank run or even the latest party funding scandal British Prime Minister Gordon Brown's biggest challenge is the economy and what happens to the nation's once-booming housing market. ECONOMY WATCH, PAGE 15
        43 words
      • Article
        Lock icon India posts largest growth in mobile-phone sales
        62 2 INDIA posted the world's largest sales of mobile phones to end-users in the third quarter, helping the Asian market expand 26 per cent, according to a global survey. Sales of mobile phones in India reached 24.5 million units during the three months ended
        62 words
      • Article
        Lock icon EU urges China to level playing field in trade
        43 2 CHINA and Europe confronted each other over their long-running trade dispute yesterday, with the EU calling for a level playing field and Chinese Premier Wen Jiabao insisting on gradual reform. GREATER CHINA, PAGE 19
        43 words
    • Article, Illustration
      Lock icon Chairman of YCH Group clinches entrepreneur award
      418 4  -  NISHA RAMCHANDANI Robert Yap honoured at Ernst Young gala ceremony [SINGAPORE] Second-genera-tion entrepreneur Robert Yap, chairman CEO of YCH Group Pte Ltd, was last night named Singapore's Overall Entrepreneur of the Year, at the Ernst Young Entrepreneur Of The Year Awards Gala. Dr
      ARTHUR LEE  -  418 words
    • Article
      Lock icon Portable foreigner job pass scheme widened
      548 4  -  CHUANG PECK MING Those who earned at least $7,000 in previous job abroad now eligible [SINGAPORE] The government is acting to ease employers' labour pains. Manpower Minister Ng Eng Hen last night unveiled a package of foreign workforce measures that will go some way
      548 words
    • Article
      Lock icon Temasek sells CCB shares for US$255m
      322 4 Reuters [HONG KONG/SINGAPORE] Temasek Holdings sold US$255 million worth of shares in China Construction Bank (CCB) in the second big share sell-down in a Chinese bank this week. "This is part of our rebalancing of portfolio" strategy, a Temasek spokeswoman said, confirming the block
      Reuters  -  322 words
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      Lock icon Page 2 Advertisements Column 1
      49 2 C^owcfrafcvuatlows to FOR BEING AWARDED Ernst Young Entrepreneur Of The Year Awards 2007 Best wishes from: Dubai Aluminium Co Ltd EjIJLIJEJLj •AbdullaJ.M. Kalban Dubai Aluminium •WalidAl Attar Mohammed Al Mutawa Mohammad Qanbar W*W United States Trading Co Pte Ltd Leonard B. Ross UNITED STATES TRADING D3mel YCn Nelson Yen
      49 words
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      Lock icon Page 2 Advertisements Column 2
      11 2 yurty ST U get tke vi^kt 3tuffwww.ST7Oi.CoM jobs cars •< property shops <
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    • Advertisement
      Lock icon Page 2 Advertisements Column 3
      24 2 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. 3 GBAI3 NOTICES
      24 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      257 3 FEEL. THE LIFE P^^ on a HIGHER PLANE P^i^J a. I •jr. f .\p~~ niii F^^P^*^*^^^feifil EftMpfJsfi&iisWflM tt iJ h*j■■■*l*ll 'Ji!|*!l' i Teiok Ayer street Experience the essence of urban living on the upper floors of The Clift. Here, two-storey i y ,-f X- loft apartments set a new standard
      257 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      2188 4 i I Commonwealth Bank of Australia Commonwealth Bank COMMONWEALTH BANK OF AUSTRALIA FINANCIAL YEAR ENDED 30 JUNE 2007 F All amounts are expressed in Australian currency INCOME STATEMENT BALANCE SHEET For the year ended 3D June 2007 As at 30 June 2007 Group Bank Group Bank 2007 2006 2007 2006
      2,188 words
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  • COMPANY NEWS
    • Article
      Lock icon Keppel Land to build 140 Viet waterfront villas
      312 5  -  ARTHUR SIM It forms 60-40 joint venture; project's investment capital seen at USsss.2m By KEPPEL Land will build 140 waterfront villa homes in Ho Chi Minh City, its eighth residential development in Vietnam this year. In a statement yesterday, Keppel Land said
      312 words
    • Article
      Lock icon Wilmar plans to sell US$500m of convertible bonds
      449 5 Bloomberg [HONG KONG] Wilmar International Ltd, the world's biggest palm oil trader, plans to raise US$5OO million in its first convertible bond sale, according to an 3-mail sent to investors yesterday. The Singapore-based company can increase the sale by US$lOO million to
      Bloomberg  -  449 words
    • Article, Illustration
      Lock icon Stamford Land in As22om Sydney project
      585 5  -  CONRAD RAJ Site in The Rocks will have apartment tower, terrace homes, retail units By SINGAPORE-LISTED Stamford Land, the hotel and property arm of shipping tycoon Ow Chio Kiat, is planning to build some of Australia's most expensive homes on the site of two
      585 words
    • Article, Illustration
      Lock icon Ezra associate EOC wins US$148m deal
      360 6  -  MATTHEW PHAN Project described as the group's maiden major regional contract By EZRA Holdings, which provides offshore marine and support services, yesterday said that its Norway-listed associate EOC Ltd has secured the group's "maiden major regional contract", worth US$l4B million, to jointly transport and
      360 words
    • Article, Illustration
      Lock icon Penguin takes delivery of 2nd tow-supply ship
      407 6  -  VINCENT WEE It also secures USs32m in vessel building orders 3y MAINBOARD-listed Penguin Boat International, through its wholly owned subsidiaries, has taken delivery of a second anchor handling towing and supply (AHTS) vessel and sesured new shipbuilding contracts worth about US$32 million. Pelican
      407 words
    • Article
      Lock icon Papular's property ventures not a sure winner
      689 6  -  WONG WEI KONG POPULAR Holdings is best known for its bookstores and schoolbooks, but there is now more to it than meets the eye. For the household name has been making big bets on real estate in Singapore, and its fortunes going forward
      689 words
    • Article
      Lock icon CosmoSteel full-year profit up 25% to $7.6m
      357 6  -  VINCENT WEE By THE booming energy and marine sectors have helped CosmoSteel Holdings a piping system components supplier and distributor post a 24.9 per cent rise in net profit from $6.1 million to $7.6 million for the full year ended Sept 30. Energy
      357 words
    • COMPANY BRIEFS
      • Article
        Lock icon Allco Reit cancels preferential offering
        99 7 ALLCO Reit has cancelled the proposed preferential offering of up to about 175.2 million new units. Allco Singapore, the manager of Allco Reit, had intended to use the offer proceeds to partially repay debt associated with Allco Reit's recent acquisitions in Singapore and Japan. However,
        99 words
      • Article
        Lock icon Mermaid wins BP Indonesia contracts
        62 7 MERMAID Maritime unit Mermaid Offshore Services has secured two contracts worth about US$32 million to US$3B million to provide remotely operated vehicle and diving services to BP Indonesia. The services will start in December next year and are expected to be for up to 12
        62 words
      • Article
        Lock icon More time for Oculus' reverse takeover deal
        64 7 OCULUS, which last month announced the proposed acquisition of Aretae Pte Ltd through a reverse takeover deal, yesterday said that it had entered into an agreement with Aretae and the vendors to extend the time for definitive agreements on the deal by two
        64 words
    • Article, Illustration
      Lock icon KSH wins $118m deals from Ho Bee
      287 7  -  UMA SHANKARI Contracts are for high-end residences at Sentosa Cove, Orange Grove By CONSTRUCTION company KSH Holdings has secured two contracts from the Ho Bee Group worth more than $118 million to build high-end residences at Sentosa Cove and Orange Grove. The deals
      287 words
    • Article
      Lock icon 27.6m StarHub shares up for sale
      180 7 Bloomberg A SHAREHOLDER of Star Hub Ltd, Singapore's second-largest phone company, is seeking as much as $81 million from selling a stake, according to an e-mail sent to investors. The shareholder, an unidentified institutional investor, is selling 27.6 million existing shares priced between $2.90
      Bloomberg  -  180 words
    • Article
      Lock icon Rabobank offers China-linked certs
      468 7  -  CONRAD TAN By RABOBANK International yesterday launched its latest range of structured investment products aimed at retail investors, this time with exposure to China stocks. Series 6 of its RaboJet Certs first introduced here in June is linked to the share prices of Bank of China,
      468 words
    • Article
      Lock icon Mercator unit's IPO may raise $254m
      135 7 Reuters A UNIT of Indian shipping firm Mercator Lines has set an indicative price range of 550.76 to 550.94 a share, which may raise as much as ***** million in its Singapore initial public offering, a source said yesterday. Mercator Lines (Singapore) Pte Ltd
      Reuters  -  135 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      102 5 SAVE TAX Our qualified professionals By*-/ can assist you with offshore 9 structures, shelf companies and incorporations in ALL jurisdictions including: British Virgin Islands P^L^^^^^l Cayman Islands Ba'iarnas i^l Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts
      102 words
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      Lock icon Page 5 Advertisements Column 2
      30 5 "v^KSSV" BID ■''■j&.'M^j- --^RiiffifSisiE^1' -wfflfefTr!*fl*|9]^* gBL':i: '■"^•-'r^Sy"- >'\ pt?' T^^BSB^^^^t^B^^^H^^B^^^Bßl^g'—^3sf?^^^B6^sr^J"- ry^^sx''' >--<R >:■ ■>,--. ■—^^r^at^ iiriiiwi.w i OPEN YOUR EYES AND MAKE A WISH Liat Towers Tel. 6738 9807 Takashimaya Tel. 6735 5228
      30 words
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      Lock icon Page 6 Advertisements Column 1
      118 6 MORE THAN ANYTHING, IT'S YOUR WATCH THAT SHOWS YOUR DISTINCTION GRAND OPENING FIRST EVER INTERNATIONAL BOUTIQUE OPENS IN SINGAPORE SHOWCASING QUALITY MID-RANGE LUXURY TIMEPIECES FROM TIAN WANG (PRC) AND BALCO (SWITZERLAND) DATE: THURSDAY 29 NOV 2007 TIME: 1030 AM VENUE: TIME WATCH BOUTIQUE #01-05 THE CENTRAL (CLARKE QUAY MRT) SHAREHOLDERS
      118 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      206 6 Invest now! PULSES, SGX's investment magazine, will be relaunched next Vjf^month. The rejuvenated monthly will be produced entirely by The Business Times. The January 2008 issue will be on newsstands and in bookshops on Dec 19 but you can get a copy delivered to your home or office at $56.10
      206 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      149 7 If you are facing any of the following: Slow network or Internet access in your office Concern over the confidentiality and integrity of your data Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks Uncertainty on security when transacting over Internet
      149 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Caution rules, traders sell into strength
      555 8  -  R SIVANITHY STOCKS ST Index fluctuates within a tight band before ending a net 2.9 points lower MONDAY'S column suggested the best strategy for surviving the present market turmoil would be to sell into strength but to be wary of buying too much into
      Bloomberg  -  555 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      97 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 7 10 1 0 0 0 10 lanufacturing 55 84 59 17 15 11 72 99 Commerce 22 23 25 26 30 "pt/Stor/Comms 16 14 18 15 :inance 11 12 11 12 Construction 10 15 11
      97 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      115 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 21.077 21.077 95.618 95.618 lanufacturing 277.675 87.885 365.560 309.653 19.211 328.864 Commerce 58.270 43.042 101.312 73.502 12.963 86.465 "pt/Stor/Comms 87.335 1.101 88.436 236.576 752 237.328 :inance 34.160 34.160 361.429 361.429 Construction 54.217 26.502 80.719 14.645 3.564 18.210 'roperties 75.617
      115 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      214 8 Jlgreen 0.48 1.560 +0.070 \scendasreit 0.83 2.230 lapitaComm 0.47 2.260 la pita Land 4.49 6.750 -0.050 :apitaMall 0.91 3.180 -0.040 :hart SemiCond 0.57 1.050 -0.030 jtyDev 2.76 14.100 -0.100 lomfortDelGro 1.31 1.820 +0.020 losco Corp 2.03 6.000 Creative Tech 0.16 6.300 +0.050 IBS Grp 8.65 18.900
      214 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      967 8  -  MATTHEW PHAN Hyflux Nov2Bclose:Ss3.lB Credit Suisse, Nov 26 LISTING of the Hyflux Water Trust: On Nov 23, Hyflux announced the initial offering price for Hyflux Water Trust (HWT). At 78 cents per unit, this is at the lower end of the IPO indicative range of 78-91 cents per
      Source: Bloomberg  -  967 words
    • Article, Illustration
      Lock icon Dollar fights back, but A$ and C$ still hurt
      558 8  -  LARRY WEE CURRENCIES IN AN interesting variation to the main theme of risk aversion so dominant in financial markets earlier this week, the US dollar's fortunes recovered with those of Wall Street overnight but this did not extend to the carry
      Reuters  -  558 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 8
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      46 8 Nov28 VALUE CLOSE -1372.00-216.00 BT OB/OS BT CADI -*****.00 -71.00 BT 10-day MA -*****.00-138.00 All-SG Equities 933.67 -1.42 SG Equities Elect 101.21 +0.88 SG Equities Fin 2299.43 -17.31 SG Equities Prop 1342.83 -7.49 SIMSCI 410.24 -0.35 SIMSCI Futures 410.20 +0.60 PrimePartnersCI 240.25 -0.98
      46 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      63 8 VOLUME UOB MBL eCW*****4 41,965,000 Hosen 39,632,000 GoldtronW*****2 30,548,000 Yam izijiam 27,669,000 Centillion 22,902,000 Yon. inam R 22,267,000 Baker Tech 19,985,000 UOBDBeCW/*****6 19,405,000 ChinaNTown 19,066,000 China Horn jxini 18,686,000 VALUE(S) DBS Gr| 148,512,864 UOB 120,031,170 Land 111,502,300 Yam izi iam 53,850,620 Sim iTel 53,272,320 STXPOKW100 48, ,758,601
      63 words
    • Article
      Lock icon RISES
      107 8 CLOSE UP Jardine C&C 2070 200.0 10.7 Mermaid 182 22.0 13.8 HK Land 462 20.2 3.1 Great Eastern 1700 20.0 1.2 Haw Par Con 680 15.0 2.3 Kei ilT&T 555 15.0 2.8 iemb Con Ind 545 15.0 2.8 ■e Land 810 15.0 1.9 Venture Con 1250 10.0 0.8 WBL
      107 words
    • Article
      Lock icon FALLS
      118 8 CLOSE DOWN GLD 10US$ 8020-187.8 -1.6 JSH 1500-115.6 -5.1 SIA 200 1750 -40.0 -2.2 B Sembawam 1090 -30.0 -2.7 DBS Gn 1890 -30.0 -1.6 China H 10US$ 2100 -28.9 -0.9 Kei Land 745 -20.0 -2.6 OCBC Bk4.5%NCPS 100 ***** -20.0 -0.2 S I A 1760 -20.0 -1.1 STXPOKW100 268
      118 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      81 8 CLOSE FR Nov 11 S$ LOW S$ HIGH USS 1.4448 -0.09 1.5479 1.4363 Euro 2.1289 0.65 2.1639 1.9913 Pounds 2.9750 0.37 3.1194 2.9323 AS 1.2625 0.24 1.3555 1.1741 Yen* 1.3250 0.69 1.3821 1.2285 Rupiah* 0.***** 0.18 0.***** 0.***** Baht* 4.2708 -0.15 4.5700 4.1730 Peso* 3.3702 0.05
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      59 9 MKMk fllfl Kris Flyer sin^^i PPS Club!^ Valid Thru Member Since U «r y 0 3 E express 31b2 *****0 ***** HP Valid Thru Member Since o v o a o o a express WILL 111 LEE f si *****96 sinGAPORE l/nirCi VCD W* ffif?^Nl AIRLinES I\l\lj>rLl tl\^^ 5S ♦Conditions
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  • PREMIUM PEOPLE
    • Article, Illustration
      Lock icon Making the cut in insurance
      962 10 An underwriter and a claims executive tell CHOW PENN NEE what keeps them going in their respective jobs UNDERWRITING and claims form crucial parts of the insurance business. While they may be as different as day and night, they both impact the bottom line. Jocelyn
      ARTHUR LEI  -  962 words
    • Article
      Lock icon Front-end procurer, back-end processor
      411 10 UNDERWRITING and claims are two basic elements of the insurance industry and an integral part of its business model. People in the two areas work closely together, with underwriters the front-end procurers of new business and claims the back-end processors. Underwriting is the essence of insurance,
      411 words
  • Page 10 Advertisements
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      2419 10 Colorland Animation Ltd. COLORLAND ANIMATION LTD. (Incorporated in Bermuda) (Company Registration No.: *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an SGM of the shareholders of the Company will be held at 105 Cecil Street #12-01 The Octagon Singapore *****4 on 26 December 2007 at 10:00 a.m.
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      30 11 With heartiest Congratulations to Mr. Stephen Riady on being conferred the Ernst Young Singapore 2007 Award from Rainer Silhavy and Jimmy Lee Raiffeisen Zentralbank Oesterreich AG (RZB-Austria) Singapore Branch Austria
      30 words
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  • SINGAPORE NEWS
    • Article
      Lock icon More consumers ask about finance dealings
      416 12  -  WEE LI-EN Number of inquiries handled by FIDRec doubles to 1,146 this year TWICE as many consumers this year expressed worries about their dealings with financial institutions compared to last year. The Financial Industry Disputes Resolution Centre (FIDRec) said that the number of inquiries
      416 words
    • Article
      Lock icon Ideas for SMEs eyeing silver-hair biz
      279 12 SMALL and medium-sized enterprises (SMEs) that are eyeing the silver-hair market can look to the upcoming Silver Industry Conference and Exhibition for new product ideas and innovation. Indeed, one of the highlights of the event, scheduled for Jan 10-13 next year, is a futuristic
      279 words
    • Article, Illustration
      Lock icon No hint from officials on whether Opec will increase output
      661 12  -  RONNIE LIM By THERE was no hint at all yesterday from top Opec officials including its president, as well as the Saudi oil minister who were in Singapore, on whether the Organisation of Petroleum Exporting Countries would increase output at
      BLOOMBERG  -  661 words
    • Article
      Lock icon Investment Dar seeking Islamic loans in Asia
      460 12  -  CONRAD TAN By INVESTMENT Dar Co, an Islamic investment company based in Kuwait, is searching for investment opportunities in Asia as part of an international expansion drive. Earlier this year, the company made headlines in Europe after it won a bid for a
      460 words
    • SINGAPORE ROUNDUP
    • Article, Illustration
      Lock icon Vivian: Innovative SMEs can create huge value
      504 12 By ONG BOON KIAT INNOVATION has become the new ticket for value creation in the IT industry. And innovative SMEs can create huge business value, says Minister for Community Development, Youth and Sports Vivian Balakrishnan. He made the point yesterday in his opening
      504 words
    • Article
      Lock icon New body formed to push protection of digital information
      268 12  -  NISHA RAMCHANDANI B Y THE Asia-Pacific's first Centre for Content Protection (CCP) was launched in Singapore yesterday to help media companies share ways to protect digital information, promote technology to enable the secure distribution of digital TV and support technical solutions
      268 words
  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      255 12 IN THE HIGH COURT OF THE REPUBUC OF SINGAPORE Companies Winding UpO.S. No. 15 0F2007/V In the Matter of the Companies Act, Cap 50 and In the Matter of PROGEN ENGINEERING PTELTD (In Liquidation) RegN0.:*****5861N NOTICE OF MEETING OF CONTRIBUTORIES Take notice that a meeting of contributories in the above
      255 words
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      Lock icon Page 12 Advertisements Column 2
      21 12 I Lianhe Zaobao I I Has its I Success Resources 1 CEO speaks up rtyAJfcni ST O Cfi. tkt vtykt stuffwww.snoi.coM
      21 words
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  • SINGAPORE INTERNATIONAL
    • Article, Illustration
      Lock icon Contract manufacturers trail MNCs to Vietnam
      829 14 Local electronic and precision engineering suppliers are flocking to Vietnam, where many big names in the electronics industry have set up shop, reports CHUANG PECK MING SINGAPORE'S contract manufacturers, which have grown up on the back of multinational corporations, supplying electronic parts to the
      FILE PHOTO  -  829 words
    • Article
      Lock icon Vietnam a good fit for Allied Technologies
      491 14 Labour and operating costs are lower than in China SINGAPORE-BASED Allied Technologies, which makes precision stamped metal parts largely for multinational corporations, is always on the lookout for cheaper manufacturing locations to stay cost efficient. And Vietnam fits its business strategy, according to
      491 words
    • Article, Illustration
      Lock icon CEI focuses on Japanese customers
      431 14 CEI Contract Manufacturing set up a plant in Vietnam in 2002 as a back-up for its factory in Batam, Indonesia. And the move by the Singapore-based company has unexpectedly put it in a strong position to tap a lucrative market of Japanese clients. "Many Japanese
      431 words
  • Page 14 Advertisements
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      Lock icon Page 14 Advertisements Column 1
      128 14 X 2 Whether you are searching for products, services or business contacts, j^l Buy Singapore allows you to search, match and connect with suitable business Rfl IM 1 M I m IA J |I m I partners worldwide, hassle-free. Register now and get connected to unlimited buying and selling opportunities.
      128 words
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      Lock icon Page 14 Advertisements Column 2
      46 14 ■0* sssssr* The Business Times I SINGAPORE Singapore Singapore International a weekly industry-focused series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting overseas growth of Singapore-based enterprises and international trade. www.iesingapore.com
      46 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon UK economy is Brown's biggest challenge
      576 15 Reuters His double-digit lead over the Tories after succeeding Blair has turned into deficit W[LONDON] Forget the missing discs, a bank run or even the latest party funding scandal British Prime Minister Gordon Brown's biggest challenge is the economy and what happens to the
      Reuters; AP  -  576 words
    • Article
      Lock icon WTO persuades Taiwan to accept Chinese judge
      451 15 Reuters It assures Taipei that appeal judges are independent of govt [GENEVA] The World Trade Organization (WTO) averted a crisis on Tuesday, when Taiwan agreed to the appointment of a Chinese judge to the top WTO court, allowing it to resume its key
      ■ Reuters  -  451 words
    • Article
      Lock icon Opec to spend USslsob by 2012 to boost output
      227 15 -AFP [SINGAPORE] Opec plans to invest US$l5O billion by 2012 on more than 120 projects, including large refineries, to expand output in anticipation of higher demand, the oil cartel's president said yesterday. These projects are expected to raise Opec's existing production
      -AFP  -  227 words
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      824 15 I *n J,'*s ii-A r.fis, 0;, 3 [)ji MolaoO -ras6s -132 002 60 56 0^93 <M 7 <M 6 o"31 V* -,-c ■■■■i.noo *734 12.64 0.02* 14.35 0.61 0.18 0.41 0.38 0.18 WlWwIXw J^—^ 'M r -i& M 2 f J:-i^J ■■H7 +951.6 -8.4 D 0.02- 1.63 0,55 0,60 055
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Asia Mobile to challenge antitrust ruling
      444 16  -  SIOW LI SEN By [SINGAPORE] Asia Mobile Holdings (AMH) will challenge the ruling of Indonesia's competition commission over its investment in Indosat, that country's second largest telco. AMH is 75 per cent owned by Temasek Holdings unit Singapore Technologies Telemedia (STT) and 25 per
      444 words
    • Article
      Lock icon Synergy Drive renamed Sime Darby
      467 16  -  PAULINE NG Oil palm plantations group keeps familiar marque ahead of Friday's Bursa debut By in Kuala Lumpur IT WAS a brand too established and valuable to lose, so Sime Darby it is. After an eight-companies-into-one transformation, the world's biggest oil palm plantations player, which
      467 words
    • Article
      Lock icon Malaysia's economy expands 6.7% in Q3
      408 16 Bloomberg [KUALA LUMPUR] Malaysia's economy grew at the fastest pace in three years as rising domestic demand and investment countered declining manufactured exports. South-east Asia's third-largest economy expanded 6.7 per cent in the third quarter from a year ago, after gaining a revised 5.8
      – Bloomberg  -  408 words
    • Article
      Lock icon MMC-Gamuda set to win RM 12.5b rail deal
      481 16  -  S JAYASANKARAN By in Kuala Lumpur A CONSORTIUM comprising MMC Corporation and Gamuda is poised to snare a RM12.5 billion (555.3 billion contract from the government to electrify and double-track a 329-kilome-tre portion of the railway grid between Ipoh, the capital of
      481 words
    • Article
      Lock icon BURSA MALAYSIA
      2367 16 IOV28 RM COOO) \&M Realty 0.96 5,bricBhd 0.28 \dvance Synergy 0.30 s,dventa Bhd 1.52 \eMulti Hldgs 0.28 \ffin Holdings 2.52 5,hmad Zaki Resou 5.55 \icCorp 0.60 5,irasia Bhd 1.73 \kn Messaging Te 0.17 \kn Technology 0.62 \lliance Financi 2.81 \luminium Co 1.24 \malgamated Ind 0.48 \minvestment Grp 3.68
      2,367 words
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      2 16 Two H
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      73 16 of \MMsia with the rijl Purple Phoew-wc eiA^entbLe JaieiKJl Dale Decembers. ***** Saturday) fc||^^^^ Time Bpm W*^B*^^^^l Venue Singapore Indoor Stadium jg^^ Ticket price Ss9o: Ss7o; SSMI; SWO HH (Excludes SS2SISTIC fee) HH I SlSTlChofline: 6348 5555 /'dffl M^ 10% discount: Ss9o, Ss7o and Ssso tickets only •Valid for 10
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  • Page 17 Advertisements
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      112 17 Experience the spirit of America's great highways and byways right here at Suntec City -Ej^feh through the concrete \qßß|b| EpOjH^^^^^^ El&fl^^ Boulevard party scene and the hot Clarke Quay 1 '-|B i Motors along the ECP with as much authority X m/ IBV t\ as it does along DCs Washington
      112 words
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  • INDIA
    • Article
      Lock icon India posts largest growth in mobile-phone sales
      361 18 AFP The govt is aiming for more than half a billion mobile phone subscribers by 2010 [BANGALORE] India posted the world's largest sales of mobile phones to end users in the third quarter, helping the Asian market expand 26 per cent, according to
      AFP  -  361 words
    • Article
      Lock icon Carrefour in talks with Parsvnath: report
      152 18 Reuters [MUMBAI] France's Carrefour, the world's No 2 retailer, is in talks with Indian real estate firm Parsvnath Developers Ltd to set up hypermarkets in India, the Mint paper said yesterday, citing two people close to the deal. The sources said that Carrefour was
      – Reuters  -  152 words
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      482 18 PI PPJffl ,®sa Diners Club Card r oapp ac «//64i6 0980 A World of Exclusive Privileges Treats (i^^k Diners Club B^^^BKPPisiißilßffMßSPlMiNlMlKall!^^ JBr\ V^r BBSVBJBJBBIBBBPB'PIBBFBBIBBBBBJYBBBIBBIvBHBJBBBBfIBBBY^ £^BIL ;■■•;■■..i B^^Hr^l |l7: '■■^';i:--''-"' rv''V' "''"^^^B-'-'' -i "■'i i'l'^^H, --^J^^^^\^@MspP >S^k Indulge in Festive Seduction packages from 14 Dec -1 Jan at the award-winning Gallery
      482 words
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  • GREATER CHINA
    • Article
      Lock icon Stanley Ho's SJM to seek US$1b Hong Kong listing
      555 19 Reuters Gaming market is expected to see gross revenue grow by over 23% a year to 2010 [HONG KONG] Macau tycoon Stanley Ho's casino flagship, Sociedade de Jogos de Macau (SJM), is expected to seek exchange approval today for a Hong
      – Reuters  -  555 words
    • Article
      Lock icon WTO probes Chinese restrictions on US movies, music, books
      527 19 -AP [GENEVA] The World Trade Organization opened an investigation on Tuesday into Chinese restrictions on the sale of American movies, music and books, trade officials said Washington's fourth commercial complaint against Beijing in little over a year. The United States claims
      -AP  -  527 words
    • Article
      Lock icon Man wins record US$14m lottery
      224 19 Reuters Native of poor Gansu province hits largest individual jackpot [BEIJING] A Chinese person from a dirt-poor province has won the country's largest ever individual lottery prize US$l4 million, a newspaper said on Tuesday. The unidentified buyer from the northwestern province of Gansu bought 20
      – Reuters  -  224 words
    • Article, Illustration
      Lock icon EU urges China to level playing field in trade
      626 19 AFP Wen insists yuan not sole factor for EU trade deficit, sticks to gradual reform [BEIJING] China and Europe confronted each other over their long-running trade dispute here yesterday, with the EU calling for a level playing field and Chinese Premier
      AFP  -  626 words
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      6 19 ST O POST YOUR AD WWW.ST7OI.COM
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      Lock icon Page 19 Advertisements Column 2
      104 19 If you are in any of these situations: J^^^^^^^ iJ You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep
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      391 19 BE A CERTIFIED INVENTIVE MASTER THINKER OWN A SUPER INVENTOR FRANCHISE EDUCATION PROGRAM INTERNATIONAL ACCLAIMED CREATIVE INVENTIVE LEARNING f POWERFUL PROGRAMME DIRECT FROM UNITED STATES Everyone Can Join! No prior experience required! BE AN INVENTOR EDUCATOR ENTREPRENEUR. Start your successful Business Right Away! Make very good monthly income Be A
      391 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Barclays Capital plans to double revenue, staff in Asia
      480 20 Reuters It is banking on region's economic prospects, 33% domestic savings rate [SINGAPORE] Barclays Capital, the investment arm of Britain's third-biggest bank, plans to double revenue and staff in Asia in the next five years, putting its faith into growing Asian
      – Reuters  -  480 words
    • Article
      Lock icon Freddie Mac cuts payout, plans to raise US$6b
      371 20 -AP [WASHINGTON] Freddie Mac halved its dividend and unveiled plans to sell US$6 billion of preferred stock to bolster the mortgage investor's finances in anticipation of more losses, the company said. Freddie Mac, chartered by Congress to buy home loans from mortgage
      -AP  -  371 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      5116 20 UNIT TRUSTS FUNDS HIHTTXTCITTT^H KiillUiiSfiUaß ABN AMRO Asset Mgt (Spore) Star Europe Egty!" 1.02/ Star Europe Bind 1.237/ Star Europe Bal 1.236/ Star Asian Tiger Egty 1.638/ Star Asia Bond 1.239/ Star Asia Balanced 1.066/ Star Global Technology Fund!" 0.229/ Multl St Fd 0.955/ «ar Asia Bond(USD) 0858/ It Europe
      5,116 words
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      56 20 |{|jjj|£j|^ H YOUR LOCAL RARTNER FOR global OPPORTUNITIES rft^>^V»'J^'J^;r':*-;V-'ii^. ','''';%oisr>?£* V:*j&H^«ill|jiPa raHnwi With 60 years of experience, offices in 29 countries and over 400 investment JM*^-'"-'^C-:'fe-' '^'-''-.'^^!':<'""s^^^^^^^^H ffiK\ professionals worldwide, we've built our track record by having our ears on the FRANKLIN TEMPLETON !&"^s-'*''^'-^^ ground and eyes on the horizon.
      56 words
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  • WORLD
    • Article, Illustration
      Lock icon Crew swept overboard recovered safely
      289 21  -  -Vincent Wee RACE four has been full of excitement. Barely half-a-day after an injured crew member was medivaced off the New York Clipper, the Glasgow Clipper had to deal with a man overboard incident. A 42-year-old male crew member was recovered safely and uninjured after
      Photo: ONEDITION  -  289 words
    • Article
      Lock icon Wells Fargo to write off US$1.4b in losses
      629 21 AP Q4 provision linked to home equity loans that borrowers stopped repaying [SAN FRANCISCO] Wells Fargo Co is absorbing US$l.4 billion in losses on home equity loans that borrowers have stopped repaying amid a deepening real estate slump that has turned into
      AP  -  629 words
    • Article
      Lock icon US$28b offer for Rio can't be matched: BHP
      445 21 Bloomberg [MELBOURNE] BHP Billiton Ltd, under pressure from investors to increase its hostile US$l2B biUion offer for Rio Tinto Group, said rivals could not match the proposal and it wouldn't speculate on making a higher bid. Rio's London stock is trading at
      Bloomberg  -  445 words
    • Article
      Lock icon Samsung says bribery scandal is nothing to worry about
      461 21 -AP [SEOUL] A Samsung Electronics Co official said yesterday that a bribery scandal engulfing the Samsung Group conglomerate is no major cause for concern as he outlined ambitious growth plans for the technology giant. "We are unfazed by all this," Chu
      -AP  -  461 words
    • Article
      Lock icon Orders for durable goods drop 0.4% in Oct
      591 21 Reuters LATEST US INDICATORS [WASHINGTON] Orders to US factories for big-ticket manufactured goods fell in October for a third straight month, the longest stretch of weakness in nearly four years. Meanwhile, sales of previously owned US homes fell in October to the
      Reuters  -  591 words
    • Article
      Lock icon LA economy may lose US$8.3b from foreclosures
      164 21 Xinhua [LOS ANGELES] The city of Los Angeles' economy could suffer a loss of US$B.3 billion next year as a result of the nation's foreclosure crisis, a report released by the US Conference of Mayors said on Tuesday. Los Angeles would become the
      – Xinhua  -  164 words
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      Lock icon Musharraf gives up army's top job to become civilian president
      408 21 AP [RAWALPINDI, Pakistan] President General Pervez Musharraf stepped down yesterday from his powerful post as Pakistan's military commander, a day before he was to be sworn in as a civilian president as part of his long-delayed pledge not to hold
      AP; AFP  -  408 words
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  • AVIATION
    • Article
      Lock icon Qantas pleads guilty to fixing cargo rates
      350 22 Bloomberg It will pay US$6l m fine, cooperate with US govt's probe of price-fixing scheme [WASHINGTON] Qantas Airways Ltd, Australia's biggest airline, has agreed to pay a US$6l million criminal fine and plead guilty to participating in a global conspiracy to fix rates
      – Bloomberg  -  350 words
    • Article
      Lock icon SIA, Rolls-Royce sign A380 engine deal
      216 22 [SINGAPORE] Singapore Airlines yesterday signed a total care agreement with Rolls-Royce to provide a comprehensive maintenance package for the Trent 900 engines on its fleet of 10 Trent-pow-ered Airbus 380 aircraft. Rolls-Royce, Europe's largest ae-ro-engine maker, will provide off-wing maintenance, repair and overhaul (MRO)
      216 words
    • Article
      Lock icon Cessna to build new plane in China
      157 22 Bloomberg [BEIJING] Textron Inc's Cessna unit, the world's biggest maker of business jets, will make its latest aircraft model only in China in its efforts to reduce costs. Cessna's new 162 SkyCatcher light sport aircraft will be assembled by China's Shenyang Aircraft Corp,
      Bloomberg  -  157 words
    • Article, Illustration
      Lock icon Heathrow's Terminal 5 gets ready for business
      723 22 ■LAT-WP Set to open in four months, it will have futuristic facilities [LONDON] Is relief in sight for harried fliers at Europe's biggest airport? Four months before Heathrow's Terminal 5 is to open, officials gave media a sneak peak at the futuristic facility,
      ■LAT-WP; REUTERS  -  723 words
    • Article
      Lock icon ST Aero marks milestone in Boeing freighter job
      209 22 Bernama [KUALA LUMPUR] Boeing and Singapore Technologies Aerospace Ltd (ST Aerospace) yesterday announced that ST Aerospace's subsidiary, ST Aviation Services Company (Sasco), has completed the door cutting for the first 767-300 Boeing Converted Freighter (BCF). The aircraft was inducted on Oct 18
      Bernama  -  209 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2330 22 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (A_ sh Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bourag Airlines (BO w Airways
      2,330 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      427 22 CRYPTIC CROSSWORD ACROSS I Note emissions liquids not i |2 [3 [4 I H3 [6 I p [8 5 Surly guy heartlessly grab- BJ BJ BJ B^B^BB BJ BJ bing what's left (6) g—^ —^^1 9 Troubled by spiders, me? BJ Overpoweredl (9) BJ BJ BJ BJ I 1 Needs
      427 words
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  • SHIPPING
    • Article
      Lock icon Asian tanker rates enjoy longest rally since March
      478 23 Bloomberg Rise triggered by lack of vessels on specific dates, now driven by sentiment [LONDON] The cost of shipping Middle East crude to Asia, the world's busiest market for supertankers, may rise for a 13th day, its longest winning streak since March,
      – Bloomberg  -  478 words
    • Article, Illustration
      Lock icon FLAG DAY
      173 23 [SINGAPORE] Rickmers Maritime yesterday reflagged one of its 3,450 TEU container vessels, the ITAL Festosa, with the Singapore flag. It is the first of two vessels that Rickmers plans to register in Singapore, the second being the CMA CGM Onyx, which is still being built. "Reflagging our vessels
      173 words
    • Article
      Lock icon New berth at Sydney's Port Botany to boost trade
      180 23 Bernama [MELBOURNE] An expansion of Sydney's Port Botany will allow the port to double its trade in bulk liquids, the New South Wales (NSW) state government says. Plans for construction ofaAs69 million (5587.3 million) second berth at Port Botany are moving
      Bernama  -  180 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        111 23 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Labroy Marine MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.79 0.39 6.00 1.17 3.26
        111 words
      • Article
        Lock icon KLSE
        32 23 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd 1.19 9.90 9.80 4.54 2.95 0.25 -0.02 0.20 0.05 -0.22 0.02 -0.03 38: 18} 31: 292: 3: 1!
        32 words
      • Article
        Lock icon BANGKOK
        12 23 '00 ■recious Ship Jegional Cont .26.50 .26.00 1.00 unch 2175 261
        12 words
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        Lock icon HONGKONG
        11 23 '000 Doil iingamas Cont 57.70 3.34 3.50 0.14 75' 308'
        11 words
      • Article
        Lock icon PHILIPPINES
        21 23 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 42.00 1.66 unch 0.10 0.50 -0.04 unch 138! 145' 1!
        21 words
      • Article
        Lock icon TAIPEI
        22 23 Evergreen Marine ....24.25 :irst Steamship 54.20 /Van Hai Lines 25.90 fang Ming Marine ..24.20 -0.70 -4.00 0.45 -0.45 1 1 1i
        22 words
      • Article
        Lock icon TOKYO
        40 23 '000 (awasaki Hvy Ind ..344.00 -8.00 ***** (awasaki Kisen ...1208.00 -39.00 784: Mitsubishi Hvy 498.00 2.00 4222! Mitsui Eng&Sbldg ..449.00 2.00 2624: Mitsui Osk Lines ...1489.00 -73.00 2474: Mippon Express 533.00 -1.00 403( MipponYusen 932.00 -17.00 785} source: Reuters
        40 words
    • Article
      Lock icon STX Pan Ocean buys 3 vessels for US$257m
      274 23 Bloomberg It needs to meet rising demand for moving commodities [HONG KONG] STX Pan Ocean Co, South Korea's largest commodities shipping line, said it will buy three bulk carriers for US$257 million to meet demand for moving iron ore, coal and other
      – Bloomberg  -  274 words
    • Article
      Lock icon Cambodia beefs up maritime security to fight terrorism
      175 23 Xinhua [PHNOM PENH] Cambodia has strengthened its maritime security to fight against terrorism, transnational crimes and improve its sea environment protection, said Prime Minister Hun Sen here yesterday. "I used to be very concerned that my country can become a safe shelter
      Xinhua  -  175 words
    • Article
      Lock icon Bunker volume at Indian port to rise
      232 23 Reuters [SHANGHAI] Port of Mundra, India's major bunkering port, is expected to see a jump in bunker volume in 2008, said a senior executive at Adani Bunkering Services, which supplies bunkers at the port. The volume is expected to almost double to 50,000
      – Reuters  -  232 words
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      516 23 Ms jk| GRAB YOUR COPY NOW! 'T7 jj^iilii m 1 \:1 |L"J| online J'U'SJ UNITED ENGINEERS LIMITED (Incorporated in Singapore) Registration No: *****0018G LOST SHARE CERTIFICATE Notice is hereby given that two stock certificates numbered *****4 and *****5 covering 1,000 stock units each respectively in the name of Cheah Siew
      516 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Singapore's economic policy posers
      497 24 OCCASIONALLY, it's apparent that the economic indicators don't quite square with the reality on the ground. The Singapore economy's robust GDP figures do reflect the buoyant conditions at hand, but it's also one instance when the numbers don't quite tell the whole story. With GDP growth
      497 words
    • Article, Illustration
      Lock icon Crude oil at a defining moment in history
      1212 24  -  G PANICKER Demand led by Asian economies renders its sky-high price more durable OIL has been trying to punch through the US$lOO price barrier for a few weeks now. Confounding market sceptics, it came 71 US cents close last week to the
      AFP  -  1,212 words
    • Article, Illustration
      Lock icon Weakened US$ could shape a new order for East Asia
      822 24  -  ANTHONY ROWLEY THE BOTTOM LINE IT is almost possible to hear the tectonic plates shifting beneath East Asia now as they grind towards some kind of rupture in the political and economic situation that has existed for a long time
      822 words
    • Article, Illustration
      Lock icon Is the fear overdone?
      1272 25  -  ANDREW MARKS Most analysts agree with the OECD's prediction that the full extent of bank losses will not be known until early 2008 By in New York IT is a debacle. There is no other word for it. But is the sub-prime crisis that has already
      AP  -  1,272 words
    • Article
      Lock icon Solving Asia's water problem
      778 25  -  KE SEETHARAM To reach the targets for water and sanitation in Asia, the money needed is about USsBb a year in investments GETTING water to flow out of a tap and be available 24 hours a day is still a distant dream for millions of people
      778 words
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  • Page 25 Advertisements
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      184 25 GLOBAL EDUPRENEUR PROGRAM Asia's Most Powerful Successful Business Mentoring Program I This FREE Seminar can totally change your Life forever! I I Discover SECRETS how ordinary people with no experience earn $10,000 I monthly. MONEY BACK GUARANTEE* to make sure you succeed iKEIIB S *SBE2S2> triMftWiilffW H r«wz»&* I-:S. \ftnm
      184 words
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  • BizIT
    • Article, Illustration
      Lock icon New services, funding pose challenges for Asian ICT planners
      512 26  -  ONG BOON KIAT SOUTH Korea faces some teething issues as it implements its latest infocomm technology (ICT) masterplan, which was announced last year. It calls for the creation of a society where computers are embedded nearly everywhere: in public places, office
      512 words
    • Article, Illustration
      Lock icon Giving services industry a boost
      873 26 New courses in Service Science are in line with the iN2015 goal of producing 'techno-strategists', writes AMIT ROY CHOUDHURY N A move that will give a furIther boost to the robust services industry in Singapore, the Republic's three universities will start offering courses for Service
      873 words
    • Article, Illustration
      Lock icon BoxSentry takes new tack in fight against spam
      568 26  -  WINSTON CHAI By A YOUNG technology company has issued a new war cry in the fight against spam with a new product which promises to weed out the problem of unwanted e-mails without nabbing legitimate correspondence in the process. According to Manish
      568 words
  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      166 26 IDA SINGAPORE Grid Services Provisioning Call-For-Collaboration Under the Intelligent Nation 2015 masterplan, IDA intends to develop an infocomm resource marketplace in Singapore, with industry participants provisioning software, compute, storage and other resources on a utility pricing model using grid as an underlying architecture. IDA launched a Call-For-Collaboration (CFC) for Grid
      166 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7528 27 52-wks Tel |h Low Code Last Sale Vol t'ooo) Hi. Day Last Quote |h Low Buyer Seller Div GrYld Net C'vr P/E M Cap $mil Hii Com[ 3 5 2 5716 1st Software i I 34 17 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15
      7,528 words
    • Article
      Lock icon SGX XTRANET
      70 27 52-Wk Tel High Low Code Comi Last Sale Vol COOQ) Day Last Quote Div GrYld Net MCa| Low Buyer Seller C'vr P/E $mi Hil 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170
      70 words
    • Article
      Lock icon SGX SESDAQ
      1995 27 Low Code Comi Sale COOQ) Hii Low Bu' Seller C'vr P/E $m 30 11.5 1181 AAGrp 41.5 19.5 5000 ABRHIdgs 31 21.5 8538 APStrategic 16.5 2 1501 Advanced System 70.5 15 1524 Alantac 22.5 8 7814 Albedo 46.5 28 5021 Apex-Pal 13.5 6.5 1154 ArianeCorp 44.5 3.5 5744
      1,995 words
    • Article
      Lock icon CLOB INTERNATIONAL
      197 27 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
      197 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 28 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Nov 27 World Index Preliminary 1099.7 0.5 -0.1 0.4 -1.2 0.5 5.2 EAFE Preliminary 1090.4 -0.2 -1.5 -0.3 1.6 -0.2 8.: Euro[ Preliminary 1486.9 -0.4 -0.4 -0.4 2.9 -0.3 9.I Pacific 954.3
      364 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      133 28 As at 9am Nov 28 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2570 1.2720 Can dollar 1.4410 1.4580 Euro 2.1270 2.1510 NZ dollar 1.0870 1.1100 Sterlin ind 2.9650 2.9980 US dollar 1.4340 1.4500 Local dollars to 100 units of foreign
      133 words
    • Article
      Lock icon INTERBANK RATES
      162 28 Nov 28 Overnight 1 -month 2-months 3-months Overnight mode: 1 US$ 1 1/8 2 3/16 2 1/2 2 9/16 Offer 1 2 1/16 2 3/8 2 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 1 2 months SFr 4.87 4.85 5.15 5.15
      162 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 28 Nov 28 STI SIMSCI Nov 409.5 414.3 410.2 Taiwan Nov 329.6 331.3 324.7 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 28 Nov 28 Bid Offer 1-month 1.4408 1.4419 2-months 1.4378 1.4389 3-months 1.4354 1.4366 6-months 1.4286 1.4299 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 28 Nov 28 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2621 1.2636 0.8737 0.8742 Canadian dollar 1.4491 1.4509 1.0032 1.0038 Euro 2.1335 2.1351 1.4770 1.4772 NZ dollar 1.0957 1.0969 0.7585 0.7589 Sterlim 2.9770 2.9794 2.0609 2.0613 US
      157 words
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      Lock icon SGX DERIVATIVES TRADING
      359 28 Nov28 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO7 MarO8 JunO8 SepO8 EUROYEN FUTURES 95.075 95.715 96.150 96.380 0 0 0 0 ***** ***** ***** 9126 DecO7 99.155 99.155 MarO8 99.160 99.160 JunO8 99.155 99.160B SepO8 99.130 99.135 DecO8 99.060 99.080B MarO9 JunO9 SepO9 EUROYEN LIBOR
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      Lock icon SICOM FUTURES
      290 28 Nov 28 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Dec 07 Jan 08 Feb 08 Mar 08 Apr/Jun 08 Jul/Sep 08 358.25 360.00 360.25 362.50 366.00 368.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
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      Lock icon CHICAGO BOT
      104 28 Nov 27 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 08 1091.00 1103.75 1093.50 1082.50 Mar 08 1107.75 1121.00 1110.00 1099.00 May 08 1114.25 1126.00 1116.00 1106.00 Jul 08 1117.75 1128.75 1119.50 1110.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 46.30 46.69 46.32 45.92
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      Lock icon CRUDE OIL & PRODUCTS
      76 28 CRUDE OIL PRODUCTS Nov 27 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 93.35 -1.66 WTI (Near Mth) 94.42 -3.33 Dubai (1-Mth F) 88.22 -1.39 Tapis blend 99 -1.7 Minas 95.2 -1.6 PRODUCT USS/barrel (FOB S'pore) Close Chanqe Naphtha Jet Kerosene 96.05 116.05 -0.50 unch USS/barrel Opec Oil
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      Lock icon INTERBANK CROSS RATES
      467 28 Nov 28 AS Rmb Euro HKS Ind Rs Ru| Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.871 6.464 0.592 6.804 34.705 82.265 0.950 8.141 2.954 1.152 53.363 37.466 1.263 6.115 0.970 28.255 29.561 0.424 0.874 Canada 1.148 7.422 0.679
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      89 28 Nov 28 Period Issue code Maturity Yesterday's Bid Hii Day's [l-i Low 3-Month BQ*****F 28.02.08 1-Year BY*****A 29.09.08 2.22 2.17 2.2 2.15 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
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      76 28 Nov 28 1 mth 4.***** 2.***** 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 4.***** 2.***** 9 mths 4.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP
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      Lock icon PALM OIL
      62 28 Nov 28 Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Dec 07 2965 2929 2965 2930 300 2920 Jan 08 2960 2927 2974 2927 1372 ***** Feb 08 2965 2933 2978 2929 7359 ***** Mar 08 2965 2929 2978 2929 1060 9094
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      Lock icon PRECIOUS METALS
      133 28 Nov 28 /oz) lov lov Hong Kong London 799.50 822.00 800.50 823.00 Nov27 Nov26 812.40 823.60 813.10 824.30 Source: Reuters CAST BAR (S$) Nov28 Buying Sellim Kilobar "40,096.11" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS KinpharTM 89.88
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      Lock icon LONDON METALS
      70 28 Nov 2: Aluminium, 99.7% purity (USS/tonne) Close Previou: Cash 2455.20 2458.01 3 months 2508.00 2510.01 Copper, Grade A (USS/tonne) Cash 3 months 6565.50 6605.00 6721.01 6750.01 Lead (USS/tonne) Cash 3002.00 3 months 3006.00 3007.01 3000.01 Nickel (USS/tonne) Cash 3 months *****.00 *****.0I *****.00 *****.0I Tin (USS/tonne) Cash 3
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      Lock icon LIFFE
      83 28 Nov 27 COCOA (£/tonne) Close Prev Hii ih/Low Dec 07 922 917 Mar 08 955 950 May 08 969 965 Jul 08 986 981 922/913 955/948 970/963 986/979 COFFEE (USS/tonne) Close Pev High/Low Nov 07 2285 2296 2305/2272 Jan 08 1789 1809 1819/1773 Mar 08 1795 1800 1809/1782 May
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      Lock icon BONDS & WARRANTS
      1694 28 BONDS WARRANTS Fel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left !798AscendasREITSGAECW*****3 9.5 0.5 3775 1 248 4 IO92Asia Environment W*****4 37 1 139 1 38 2.03 21 !756# Asiatic Grp (H) Ltd W*****2 ..7.5 1 10 1 3 1.40 34 !878Aztech
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      2561 29 m The Business Times uamm Shipping Times _____l^^^^^ ______Tif^P^i _________________r#nSvyU?lUvv^v'fd |^^^_^^^^^^^^^Q^Q^^^^^||^^^^^g|||^^H j[ ft UK CONTINENT SERVICE U.S.A SERVICE > muuWm t 1 1 f 1 r~~4^^^^^KUl^-^^. ---P^M L_______. __i l^^___l Destination Destination jj ic\\MJwf =V'}\ ">■ iuyj^^fl STXPO TBN RTM/ANR/TIL SPYROS B CDN/NFK/SAV/NOL _/___i_______r 55___S-B,i ijfi-P-HHi Loads Singapore, E./W. Malaysia,
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      4257 30 WAN HAI INTERNATIONAL PTE LTD cr NO: **********0/R W'^^W //K* CH CH T*r~/? VH^iVVMM nAI LINO s^w^»^^™^^^s^ VMlloS i^lli weekly express sailing schedule www ...Li JKTTEL:(O2I) *****88FAX:<021) *****88P1MT1L:*****0/*****1 FAX:*****9 mj^^ffm^^^^r^^mm^iaiJ^^mjffmgrmmTm """•w°""°'-[°'"-sg BEL Itb (061)*****83 FAX: (061)*****25/*****09 ||l||PSgjpi-Bliß|MlilߧBlßßH§ipi|B||P|M|pi|H||B|il|^^ m^ttttm^tmt^mt^gttmttttmttl)t^m^mtmltm^m MIMWWM)WAIN!IVW\]VWMH^t BMTTnnTlMnn'l'fflliM llilkiaii>^i^tfil^^itfiaiiL*MM^^^^^iaMMMi«^^MMMl«M^^^i^UtfMii^^Jl ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS
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  • PROPERTY
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      Lock icon Trouble looms for a third of UK mortgages
      442 32 Reuters Self-employed and those who move house frequently open to risk [LONDON] Up to one in three or 5.5 million mortgage holders in Britain could face serious financial difficulties as a result of the US sub-prime crisis and the tougher lending climate
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      Lock icon Segro buys property worth £400m in H2
      298 32 Reuters [LONDON] British property firm Segro pic cautioned about continued weakness in Britain's property markets, but it bought £400 million (551.19 billion) of property in its second half as it took advantage of good buying opportunities. In a trading update yesterday, the firm
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      Lock icon US commercial real estate set to take a hit
      876 33 Bloomberg Traders see bond defaults rising to the highest level since Great Depression [LONDON] In the bond market, commercial property investors are about as creditworthy as US homeowners with sub-prime mortgages. "Commercial real estate is a full-blown bubble that feels very
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      Lock icon Grim US housing outlook in 2008
      282 33 Bloomberg [CHICAGO] US homebuilders said the housing market probably will weaken in 2008 as foreclosures rise and banks tighten lending standards. Demand has deteriorated in many markets, limiting the prospect of a rebound in new home sales, chief executive officers for D R Horton
      – Bloomberg  -  282 words
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      Lock icon Where high finance meets high living
      1057 34 The new downtown will boast a casino, a financial hub, condos and retail areas, writes CLARISSA TAN TIRED of Orchard Road? Jaded by Clarke Quay? Finding Robertson Walk just a trifle same-old, same-old? For the Singapore consumer probably among the most avid in the
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      Lock icon Wharf posts HKs3.l2b Q3 profit
      595 35 Bloomberg Earnings more than double on higher rental income from office and retail properties [HONG KONG] Wharf Holdings Ltd, the Hong Kong landlord and port operator that owns a pay-tel-evision company, more than doubled its third-quarter profit as rental income from office and retail properties
      – Bloomberg; BLOOMBERG  -  595 words
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      Lock icon Cheung Kong wins HK$7b MTR property project
      281 35 Reuters [HONG KONG] Cheung Kong (Holdings), the property flagship of tycoon Li Ka-shing, has won a tender from Hong Kong subway operator MTR Corp Ltd to develop a residential project with an investment cost of HK$7 billion (551.29 billion). MTR said in a
      – Reuters  -  281 words
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      Lock icon ING Real Estate plans second China fund
      425 36 Reuters It is also looking to buy and privatise battered Reits in mature markets [HONG KONG] The world's biggest property fund manager ING Real Estate plans a second China fund next year, worth about US$7OO million, in response to growing enthusiasm for Asian
      – Reuters  -  425 words
  • Page 32 Advertisements
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      260 32 Land Opportunities China New Town Development is a leading new town developer in the PRC. We design and develop new towns -r and assist in the selling of land parcels to property developers. 111 a r- r- i- NEW TOWN For business opportunities, please contact Ms Melody Yu at (852)
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      264 33 BBHANST22 SitC 540,314 SQ ft 99-year Leasehold GPR 2.1, up to 24 Storeys t; Ai Tone r J f sch 270° Unobstructed Panoramic s^>«ng Reservoir View CSh ic I Within 420 m from Ai Tong Pri Sch sch I within 310 m from Thomson Plaza GL Clip *"3 m I?l
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      392 33 THE ARCADE, Raffles Place I I Singapore's most prestigious office address c/, 0 Four office floors offering Strata Floor Area of 32,120 sf *s"^ Reflecting 17.69% of total share value te .oußCentre if Future redevelopment potential increasing the utilised Raffles a., chevon plot ratio by 73% m^ H°"se Currently 83%
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      1001 35 M^^^^BJ H^B B^^^^BJ Commercial B^^^^^^^^^^^^^BH W^A Wm m>W WM W^M Industrial SAVILLS COMMERCIAL BUSINESS SPACE l^SSZ*** Collective Sales Mal<e BusiNEss Sense Out Of Space j^— ™R International Sales Tel: 6536 5022 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECT NAME/ PROP
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      596 36 SJLmm***^" 37A to 37E T Everittßoad *a •Freehold Land area: 1075 sqm "•'•i!*4\u.\mwTi^L Plot ratio:l -4- UPtO haig 5 Storey GIRLS' school Possible amalgamation r*i'i:Jb*rt— *Kii^ of adjoining state land For investment report or tender document, please contact: Dillon Loi LLB(H OnS 9850 3204 6736 1318 Land Area ***** sq
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      110 36 JERVOIS RD QjadimSßa PENTHOUSE Good Value District 10 Investment. Affordable price valuation SCBDSI3XX PSF 4+l bedrooms 2000 sqft Spacious Master bedroom Ist time Owner sale. Beautiful furniture. Best unit Duplex Penthouse with Orchard Rd backdrop Received Enbloc Offer in this year •Walk to Tanglin Mall, Botanical Gardens, CGS. Quick exit
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      55 36 to the preview of i Dist g, Brand new Paterson Road j 35 Freehold units j 82gsqft-2is3sqft I 2rm 3rm Penthses m j Foreigners eligible i Walking distance to 1 &w io Orchard Road, MRT Near prestigious schools amenities i By appointment only.To RSVP, please call KristyTan AnthonyChua Wee Ping
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      25 36 Want the best price? Hold an auction. Call 1800 289 8822 or email notices@sph.coni.sg to book your auction notice in our newspapers now. notices a
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  • Entrepreneur of the Year
    • Article, Illustration
      Lock icon THE BIG BOYS OF 2007
      214 37 ONE used to hate business, and had to spend all his summer holidays in the family concern as a teenager, when he'd rather be out on the cricket pitch. A second also helped out in dad's company as a child and despite it being the
      214 words
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      Lock icon The big boys of 2007
      705 38 Continued from Page 1 The six top local entrepreneurs are: Stephen Riady, executive director of Auric Pacific Group, who won in the Strategic Investment category; Robert Chandran, executive chairman and CEO of Chemoil Energy, for Oil Gas; and Nash Benjamin, CEO of FJ Benjamin Holdings
      ARTHUR LEE  -  705 words
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      Lock icon Chemoil founder an accidental entrepreneur
      1098 38  -  RONNIE LIM 3y "DON'T become an entrepreneur to make money, but be one because you want something you enjoy doing. That way, you will ultimately make money," says Robert Chandran, the Oil and Gas Entrepreneur of the Year. "Otherwise, it's going to be a pain
      ARTHUR LEE  -  1,098 words
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      Lock icon Man with a vision
      802 40 chowpenn nee speaks to Lippo Group's Stephen Riady whose business acumen has led the firm make several strategic property investments THE Lippo Group should be familiar to Singaporeans by now, with its brand name plastered on more than a dozen property developments across the island, and
      YEN MENG JIIN  -  802 words
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      Lock icon Tru-Marine with an eye for opportunity
      872 40  -  RONNIE LIM 3y FORMER Singapore Navy regular David Loke, 58, is now looking West for new "ports of call" in Europe and the US for Tru-Marine a leading repairer of turbochargers in marine diesel engines which he helped co-found and now helms. It is
      872 words
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      Lock icon A handshake and the rest was history
      667 42 CEO Robert Yap has turned logistics firm YCH into a regional player, reports misha ramchandani AS a young boy, joining the family business was the furthest thing from Robert Yap's mind. Despite spending his childhood days helping out with basic book-keeping and truck
      667 words
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      Lock icon It all boils down to passion for FJ Benjamin's CEO
      633 42  -  NISHA RAMCHANDANI 3y FRESH out of school, a young Nash Benjamin joined the family business straight after completing his "0" levsis in December 1967. My elder brothers and sisters were all involved in the optical and retail slothing businesses, so
      ST FILE PHOTO  -  633 words
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      Lock icon YHI aims to pull ahead of the competition
      614 42  -  NISHA RAMCHANDANI By A TRUE entrepreneur, says YHI International's group managing director Richard Tay, is one who exhibits persistence, determination and self-disci-pline. "He must also have a sharp mind and the courage to seize opportunities and take calculated risks," he adds. And
      614 words
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      Lock icon No man is an island
      1129 44 Social responsibility is an essential quality for an award-winning entrepreneur, writes oi\ig yew huat and Gregory k erickseim THE gift was more than generous. The sheer volume of money involved was enough to keep the media busy and the general public talking about it for
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      Lock icon Succeeding with cross-border deals in emerging markets
      868 44  -  ERIC TEO IN today's corporate environment, transactions in emerging markets are an important part of companies' strategy for staying ahead of the competition. But deals in emerging markets are not as straightforward as they might seem. There are considerable challenges that will need
      AFP  -  868 words
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      Lock icon Ten golden rules for tax compliance
      1337 46 Angelatam and choo Ei\iG chuan outline the rules for fulfilling compliance obligations in today's new tax reporting environment TIME, tide and the tax authorities wait for no man. With increasingly tight deadlines for filing their tax returns, Singapore companies are under pressure to meet
      FILE PHOTO; Ml -UII1,: ■ FILE PHOTO  -  1,337 words
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      Lock icon Serving the needs of entrepreneurs the Credit Suisse way
      1153 48 Credit Suisse is in the best position to address both the personal and business needs of entrepreneurs, writes fram^ois monnet THE combined wealth of high net worth individuals (HNWI) in Asia-Pacific reached US$B.4 triUion in 2006 growing at 10.5 per cent,
      AFP; FILE PHOTO  -  1,153 words
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      Lock icon Sustainability through succession planning
      899 50 It is a powerful organisational activity that enhances a firm's ability to remain nimble in rapidly evolving markets, writes rohit ambekar THE past several years have seen business icons like Bill Gates, Jack Welch and Louis "Lou" Gerstner transition the leadership of Microsoft, GE IBM respectively
      ST FILE PHOTO; REUTERS  -  899 words
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      Lock icon The start of something extraordinary
      776 50 THE annual Ernst Young Entrepreneur of The Year Awards has been a pre-eminent business award that celebrates entrepreneurial excellence in more than 40 countries worldwide. Each year, the award encourages the best entrepreneurs to step forward as role models to aspiring entrepreneurs and small and
      ST FILE PHOTO  -  776 words
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      Lock icon Building a winning team: a strategy for success
      962 54 At Cathay Pacific, people throughout the company are now working more effectively and smarter for the good of everyone in the airline, says toimytyler A SIMPLE, but very crucial, point to make about the aviation industry is that you don't get good
      AFP; BLOOMBERG  -  962 words
  • Page 37 Miscellaneous
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      172 39 Tru-Marine World Service ©Copenhagen ©Rotterdam ©Tianjin ©Shanghai ©Florida ©Sharjah ©Guangzhou ©Haiphong ©Mumbai ©Singapore Melbourne Tru-Marine, the epitome of excellence in turbocharger repairs and parts supply, celebrates a momentous 30 th this year. We showcase our cherished customer promises in our new logo three wave crests that accent high standards of
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      213 41 NGRATULAT ERS! W ERNST YOUNG You re truly a cut above the best. entrepreneur OF THE YEAR* Ernst Young is proud to honor Singapore's finest entrepreneurs. Our very best wishes to Dr Robert Yap of YCH Group Pte Ltd, who will be representing Singapore and joining 49 other country winners
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      79 43 J.Robert Scott salutes the winners of the Ernst Young Entrepreneur Of The Year Awards Singapore 2007 jjniF 1-l.ti^^ 4P Ji^kHHH H^^^H^k. Mtf A b -^frr^h-- v^lulba_a- -*"^^^^t w H- T HHk Hul\ 4i3^£. *•wJ.ROBERT SCOTT EXECUTIVE SEARCH Program founded produced globally by: Major Sponsors: Official Official Official Official Supported by:
      79 words
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      100 45 Ernst& Young Entrepreneur I Of The Year m Dr. Robert Yap J Chairman CEO, YCH Group In celebration of your Entrepreneurial Excellence Being awarded the "Oscars" for business is a huge recognition of your passion, astute business acumen and exciting vision for the logistics and supply chain industry. Your achievement
      100 words
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      74 47 ■■Hi *-^^*taßtav IBS ?f •^^^fc^w.^g wrjm*wj>xr We look at things from a different perspective. Instead of celebrating a milestone, we want to celebrate a man of education, enterprise, philanthropy and his exemplary contributions to Singapore. Here is a salute to Dr. Lee Seng Gee, Chairman of the Lee Foundation and
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      75 49 m mv 11/ vM /i 1 *\V/ fl j k 818 I Bh LOGISTICS ENTREPRENEUR V\ J J OF THE YEAR J i r Credit-Suisse congratulates Dr. Robert Yap, who will represent Singapore at the Ernst Young World Entrepreneur Of The Year 2008. We also like to applaud all the
      75 words
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      56 51 (5) CHEMOIL lOf This Ys£i/ C-^*1 Ernst 5. Youn^ Enirsprensur Of This Year i l| 1 ..■,t^m-f J ".-v- H Ht■ pJ f' j***'*^ jr I ChernoiJ CEO <2 E/.&curjys Chairman OUR HEARTIEST CONGRATULATIONS BMEB Kingsmen Lim Kiat siong A communications design and Associate Agency Manager Brand Consultants production group
      56 words
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      57 52 Our Heartiest Congratulations to Dr. Stephen Riady for being awarded Strategic Investment Entrepreneur Of The Year by Ernst Young Entrepreneur Of The Year Singapore 2007 from Management Board Members first reit yg) ASIA'S PREMIER HEALTHCARE TRUST LII O-MAI LEI REE INDONESIA RETAIL TRUST FOOD JUNCTION ROBINSONS I HtKWMlflli spencll ME
      57 words
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      40 53 Our Warmest Congratulations to our Executive Director, Dr. Stephen Riady for receiving the award of Strategic Investment Entrepreneur Of The Year by Ernst Young Entrepreneur of The Year Singapore 2007 from Management Board Members (fSB) AURIC PACIFIC II I II
      40 words
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      259 55 Congratulations To Our Group Managing Director, Mr Richard Tay For Winning The Singapore Ernst Young Manufacturing Entrepreneur Of The Year 2007 Award A ...^^.^j<i^^J ja&JjEBEEES ||E i j; lit Bin iwj Ip^fl YHI Manufacturing (Shanghai) Co Ltd YHI Advanti Manufacturing (Suzhou) Co Ltd H I W _^^^^^^^^^A^ WM ffj aBB
      259 words
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      50 56 fit I& FROM THE BOARD OF DIRECTORS AND STAFF OF THE J BENJ IVI I N GROUP Published and printed by Singapore Press Holdings Limited, 2 Jurong Port Road, Singapore *****8. Co. Regn. No. *****2868 E. A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs® sph.com.sg, Fax 6746-1925.
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  • All That G litters
    • Article, Illustration
      Lock icon HAUTE
      126 57 SOME LIKE IT AUCTION prices for top grade, flawless white and coloured diamonds, and precious gemstone jewellery have been going through the roof, signalling that the world's wealthiest are again focusing on jewellery, as it is known to be a surer and more scientific investment than art. For those
      126 words
    • Article, Illustration
      Lock icon Christmas charms
      379 58 cheah ui-hooim picks out some festive pieces for the holidays WITH Christmas around the corner, it's always fun to pick up baubles in snowflake and holiday themes to match the mood of the season. SK Jewellery, a subsidiary of Soo Kee Jewellery, is offering two diamonds for the
      379 words
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      Lock icon Investments that don't lose their lustre
      1007 60 Auction prices this year have broken records dating back to 1995 and 1987. cheah ui-HOora has the details FINE jewellery prices are skyrocketing, and the recent volatility in stock markets hasn't taken the shine off flawless diamonds and brilliant gemstones either. "Prices for blue-chip,
      1,007 words
    • Article, Illustration
      Lock icon CHRISTIE'S
      190 61 some highlights from the auction house's 'Magnificent Jewellery and Jadeite lewellery' auction on November 28 (clockwise from top left): Pair of ruby and diamond ear pendants: Each suspends a cushion-shaped ruby weighing approximately 4.18 and 5.01 carats, within a cushion-shaped ruby surround, to Ihe square-cut diamond link weighing approximately
      190 words
    • Article, Illustration
      Lock icon Back to black
      585 62 It's a colour that never goes out of style. Add to that the retro vibes permeating the fashion scene and it's no surprise that black jewellery is once again in demand. cheah ui-hooim checks out some new collections IT'S back! The übiquitous, versatile yet statement-making black is
      585 words
    • Article, Illustration
      Lock icon Promises made in palladium
      669 64 'It is malleable, strong and a pure white metal. It is even rarer than platinum, but it is still not widely known.' Florence Neo, Charlotte Singapore's director he white metal, which is more often used in luxury watches, is fast gaining popularity s wedding jewellery in
      669 words
    • Article, Illustration
      Lock icon Say it with metal
      691 64 cheah ui-HOora previews a clutch of metallic creations that are guaranteed to add instant class to any wardrobe AND THEN there are those of us who love the different artistic shapes that can be hewn out of metal, and the various textures that can be coaxed
      691 words
    • Article, Illustration
      Lock icon Adding exclusivity and more to a girl's best friend
      698 66 Patented cuts and customised orders are all the rage when it comes to diamonds, notes cheah ui-hooim WITH more consumers willing to pay top dollar for big-ger-sized and quality diamonds, it's no wonder that the retailers are making sure that they
      698 words
    • Article, Illustration
      Lock icon With this ring I thee wed...
      337 66 CHEAH UI-HOON visits a new company that specialises in jewellery for committed couples ONE would think the easiest piece of jewellery to buy is a wedding ring. It's simple, round and does not need embellishment. Unlike an engagement ring, where you have to look
      337 words
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      Lock icon ROGER DUBUIS
      70 67 ROGER DUBUIS Boutique Hong Kong Pacific Place Tel. +852 2918 9368 Jakarta Galeria Grand Hyatt Tel. +62 21 3192 3228 Singapore Grand Hyatt Singapore Tel. +65 6262 2828 Tokyo Omotesando Hills Tel. +81 (3) 3423 2828 Kuala Lumpur Starhill Gallery Tel. +60 32 143 1322* Bangkok Grand Hyatt
      70 words
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      Lock icon Tasmanian inspirations
      1092 68 "he 'Singular Multiple' jewellery exhibition, now )n at Nafa, displays the diversity of creative design rom Australia's island state, greg clarke reports JEANETTE James has the benefit of many thousands of years to help perfect her art. Not that she's stumbled upon the fountain of youth. Rather, she
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      937 69 Opulence is back in vogue, and even minimalist jewellers are bumping up their bling with gemstones and diamonds. cheah ui-HOora learns more WITH auction jewellery becoming the talk of the town in investment circles, the major jewellery houses aren't about to let past classics gorgeous as they are
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      25 57 Supplement Editor: Cheah Ui-Hoon Sub-editor: Leong Sau Ming Cover design: Jacqueline Phua Assistant News Editor (Special Projects): George Joseph 1. J V i\ P( ELLAI^
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