The Business Times, 11 January 2008

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Microfilm: NL28804
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Friday, January 11,2008
    22 words
  • Article, Illustration
    Lock icon Finding Google
    43 1 •You motivate people at Google not in the traditional way. You don't say: 'You work for me, you have to do this.' You say: 'Let's go change the world Google's chairman and CEO Eric Schmidt in The Raffles Conversation TOMORROW i
    43 words
  • Article
    Lock icon Phoenix site to rise again as hotel-retail complex
    625 1  -  UMA SHANKARI Straits Trading in talks to redevelop site; new complex to roll out in 2011 [SINGAPORE] A new 580-room hotel and a retail complex with a net lettable area of about 150,800 square feet is slated to come up on the
    625 words
  • Article, Illustration
    Lock icon New STI off to a sedate start as US worries loom
    541 1  -  R SIVANITHY Index drops 1% but 3 of the 4 newcomers in it register gains [SINGAPORE] The newlook, slimmer Straits Times Index got off to a subdued start yesterday, dropping 33.46 points or one per cent to 3,311.07 in
    JOHN HENG  -  541 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      45 1 lursi lam KL COMP Closed NIKKEI 225 14,388.11 -211.05 HANG SENG 27,230.86 -384.99 SET INDEX 800.18 -20.29 JAKARTA COMP Closed MANILA COMP 3,454.60 +38.52 SEOUL COMP 1,824.78 -19.69 SHENZHENB 723.86 +0.97 MUMBAI IND 20,582.08 -287.70 11AM EDT 12,704.34 Change -30.97 DOW NASDAQ 2,454.38 -20.17
      45 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.75 INDONESIA 15.535 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 7.25 CANADA 6.00 SWITZERLAND 3.91 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      41 1 US$ (S$ per US$) 1.432 (US$/S$ ii 1.955 2.79! EURO(US$/S$/E) 1.468 2.101 YEN 109.80 76.7I RM 3.268 2.283 HK$ 7.805 5.453 BAHT 33.16 23.1 RUPIAH 9,438 6,593 RENMINBI 7.269 5.07: INDIAN RUPEE 39.29 27.45 A$ 1.134 0.792 NZ$ 1.292 0.902
      41 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      43 1 ECONOMY PROPERTY SILVER INDUSTRY INDIA Ml 50% chance of recession Redeveloping offices Spore as test-bed Tata launches world's in Japan: Goldman worsens space crunch for seniors market cheapest car m PAGE 11 PAGES 10 PAGE 4 PAGE 16 J r^jtu 2**Pr-*^i EXECUTIVE LIFESTYLE
      43 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Hotel sector shaping up for bumper takings
      724 2  -  UMA SHANKARI Operators see room rates rising 25-40% on host of demand and supply factors [SINGAPORE] A bumper 2008 awaits hotels in Singapore as the Formula One (Fl) Grand Prix race comes to town and tourist numbers rise to new highs. Hotel operators
      STB, DBSVickers  -  724 words
    • Article
      Lock icon Blair joins JPMorgan as part-time adviser
      224 2 AFP, AP [LONDON] Former British prime minister Tony Blair will join Wall Street bank JPMorgan Chase as a part-time senior adviser, the company said yesterday. Mr Blair, who became the international community's envoy to the Middle East after standing down following a decade as
      ■ AFP, AP  -  224 words
    • Article
      Lock icon Global banking giants pulled up for flashing a paler shade of green
      518 2  -  CHEW XIANG Report says they haven't done enough to address climate change challenge [SINGAPORE] The name and shame game continues apace. Banks are the latest target as environmental groups try to chivvy the corporate world into doing more
      518 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon S'pore ideal test-bed for Asian silver market: Boon Heng
        91 2 SOMEWHERE, out there, are millions of mature spenders whose "silver dollars" are ready to be mined. Singapore could be the regional centre that shows the way. Lim Boon Heng, Minister in the Prime Minister's Office said, "Our multi-ethnic and ageing population,
        91 words
      • Article
        Lock icon New index series may spawn more products
        71 2 INDEX specialist FTSE Group hopes that the revamped Straits Times Index and its new FTSE ST Index Series will be widely followed among index and exchange-traded funds. FTSE Group chief executive Mark Makepeace told reporters yesterday that the revamped STI and the new
        71 words
      • Article
        Lock icon New contracts boost CSC's order book to $330m
        73 2 SINGAPORE ground engineering leader CSC Holdings has won $120 million of foundation and geo-technical contracts from the public and private sectors in the past two months. The deals have boosted its order book to some $330 million as of Wednesday this week,
        73 words
      • Article
        Lock icon Lian Beng's interim earnings quadruple
        52 2 CONSTRUCTION outfit Lian Beng Group has achieved a near quadrupling in net profit for the six months ended Nov 30, 2007. Its first-half net income attributable to equity-holders was a record $8.06 million, up from $2.2 million for the corresponding period of 2006. COMPANY NEWS,
        52 words
      • Article
        Lock icon NRF to help varsities cash in on research ideas
        77 2 HAVING spent the past two years beefing up research expertise and capabilities in local tertiary institutions, the National Research Foundation is planning to steer them along the path of entrepreneurship. NRF chairman Tony Tan said yesterday that NRF is readying a
        77 words
      • Article
        Lock icon 50% chance of recession in Japan: Goldman
        85 2 JAPAN'S economy could follow that of the US into recession this year, investment bank Goldman Sachs warned yesterday, underlining a growing gulf between analysts in the private and public sectors over prospects for the global economy in 2008. Goldman Sachs advised clients that
        85 words
      • Article
        Lock icon Malaysia likely to call elections by March
        67 2 MALAYSIA is likely to call elections by early March, a newspaper reported yesterday, citing a government minister and political analysts. "The elections will be held soon enough latest by the first week of March," The Star quoted an unnamed senior minister as saying.
        67 words
      • Article
        Lock icon Inflation deemed no threat to HK dollar peg
        83 2 FEARS of a surge in consumer prices due to Hong Kong's currency peg to the US dollar are exaggerated, and higher inflation will anyway not undermine the fixed exchange rate system, an adviser to the Hong Kong Monetary Authority said. John Greenwood,
        83 words
      • Article
        Lock icon AirAsia launches ticket sales for Changi-KLIA service
        80 2 MALAYSIAN budget carrier Air Asia yesterday launched ticket sales for its new Singapore-Kuala Lumpur service here offering 30,000 free seats, or enough to fill 166 flights. Air Asia is limited to two daily services initially, but chief executive Tony Fernandes said it is
        80 words
    • Article, Illustration
      Lock icon Annuities with a little twist suggested
      528 4 Survivor benefits, medical insurance can be woven into scheme: economist [SINGAPORE] The options to financing longevity got an airing yesterday at the Silver Industry Conference and Exhibition (Sicex). Among the options discussed were annuities that provide regular drawdowns upon retirement, which the government wants
      LIANHE ZAOBAO  -  528 words
    • Article, Illustration
      Lock icon S'pore well placed to test business ideas for seniors market
      722 4  -  LYNETTE KHOO SILVER INDUSTRY CONFERENCE Local silver market worth USsllb come 2015 as more baby boomers turn 65 [SINGAPORE] Somewhere, out there, are millions of mature spenders whose "silver dollars" are ready to be mined. Singapore could be the regional
      LIANHE ZAOBAO  -  722 words
    • Article
      Lock icon Greying travellers just waiting to be wooed
      550 4 [SINGAPORE] The "silver travellers" those aged 60 years and above are becoming a fast-growing segment for the travel industry globally and one that tourism industry players can no longer afford to ignore. The message resonated at a breakout session at the Silver Industry
      550 words
  • Page 2 Advertisements
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      21 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      81 2 II people at Clients wanted. II (Only excellent companies II need apply) II www.thepeopleatwork.com Asia-Pacific Executive Search gg| Tr if i "^Sb?'" "^^JM BUY/SELL ifeae*3l!rt^^^ ROLEX/ PATEK PHILIPPE/ BREGUET/ PIAGET APVACHERON/IWC/JAEGER/OMEGA SkWsZimTm #01-45 A Peninsular Plaza 6334 0155 ttfi^^M #02-90K People's Park Complex 6327 4628 ,'#ol-45 The Bencoolen 6333 1921
      81 words
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      Lock icon Page 2 Advertisements Column 3
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      123 words
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      89 3 \m^mA^m^M East Coast Parkway (ECP) To Changi Airport '''H ZH t%, M^JEr "^lutP II Mm^m\. )W *V#J--;" Another prestigious residential development brought to you by: A C«||i Pdcf I'dSniTltinn Developer Natwest Development Pte. Ltd. Company Registration No. *****2762W Tenure of land: 99 years from 28.04.2004 Lot 2S6L of TS 2at
      89 words
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  • Page 4 Advertisements
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  • Page 5 Advertisements
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      60 5 jm,, HF HUH Kris Flyer s"3skssss PPS Club!^ IH^^^^^HBllinilllHlHll HlHllHUliiUiiJlißiEllilil liyiilllllJll illllilllllllltl^^^^^^^^^^^^^^^^^^^l 31bH *****0 ***** I Valid Thru Member Since yiLLI^M LEE —yerg *****2196 3iba *****0 ***** Br ,m, Valid Thru Member Since HiCJi/fJiSI C\C\ MEBKmI UV/UO UU EXPRESS WILLIAM LEE ■"■^********** sinGAPORE |/p|QC| VPD %> g^SI AißLinEs I\i\lJ>rLi \L\\M?
      60 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon New index series may spawn more products
      380 6  -  OH BOON PING FTSE Group CEO says indices enable issuers to create new products INDEX specialist FTSE Group hopes that the revamped Straits Times Index (STI) and its new FTSE ST Index Series will be widely followed among index and exchange-traded funds. FTSE
      380 words
    • Article
      Lock icon DBS involved in US$140m India deal
      299 6 Reuters STANDARD Chartered, Credit Suisse and Singapore's DBS Group will buy a one-third stake in an Indian software and travel reservations firm for US$l4O million, bank sources told Reuters. Many mid-sized Indian software and back-office outsourcing firms, facing growth limitations and intense pressure from
      – Reuters  -  299 words
    • Article, Illustration
      Lock icon New contracts boost CSC's order book to $330m
      388 7 Deals worth $120 m secured in the past two months SINGAPORE ground-engineering specialist CSC Holdings has won $120 million of foundation and geo-technical contracts from the public and private sectors in the past two months. The deals have boosted its order book
      388 words
    • Article
      Lock icon Ong Soon Kiat back at the helm of Goldtron
      322 7  -  MICHELLE QUAH Company also appoints Choy Peng Lam as executive director GOLDTRON Ltd has appointed executive director and former executive chairman Ong Soon Kiat as its new CEO. The electronics company has also appointed Choy Peng Lam as an executive director.
      322 words
    • Article
      Lock icon SingTel's challenge and opportunities
      632 7  -  OH BOON PING SINGTEL looks to have much work to do as it battles an anti-trust case in Indonesia. And this is just one example of the legal and political complications that can arise from doing business in emerging markets. Late last year, Indonesia's Commission for
      632 words
    • Article
      Lock icon Lian Beng's interim net up four times
      317 9  -  MICHELLE QUAH Construction division remains key growth driver, contributing 90% to revenue CONSTRUCTION outfit Lian Beng Group has achieved a near quadrupling in net profit for the six months ended Nov 30, 2007. Its first-half net income attributable to equity-hold-ers was a record
      317 words
    • Article, Illustration
      Lock icon Apple-brand reseller Afor launches IPO
      354 9  -  TAN SEO YEAN AFOR Ltd, a retailer specialising in the sale of Apple brand products, kicked off Singapore's second Catalist listing this year with an initial public offering (IPO) of 23.5 million new shares at 33 cents each yesterday. The IPO comprises one million public-tranche
      354 words
    • Article
      Lock icon Stamford Land names Tan Chin Nam director
      358 9  -  CONRAD RAJ STAMFORD Land Corporation, the hotel and property arm of shipping tycoon Ow Chio Kiat's Hai Sun Hup Holdings, has appointed re-cently-retired permanent secretary Tan Chin Nam to its board as an independent non-executive director. Dr Tan, who is currently the chairman
      358 words
    • COMPANY BRIEFS
      • Article
        Lock icon US$2.5m Philippine project for Datacraft
        85 9 DATACRAFT, a regional independent IT solutions provider, has won a project to help the Philippines' premier call centre and business process outsourcing provider, Advanced Contact Solutions (ACS), to expand and support its facilities to ensure business continuity. The US$2.5 million project will see Datacraft upgrade
        85 words
      • Article
        Lock icon SGX executive V-P Daniel Tan resigns
        86 9 THE Singapore Exchange (SGX) said Daniel Tan, an executive vice-president, has resigned. His last day of service is March 31, 2008. The reason given was retirement. SGX CEO Hsieh Fu Hua said in a statement that Mr Tan has decided to seek fresh pursuits
        86 words
      • Article
        Lock icon Top Global proposes rights issue
        70 9 TOP Global is proposing a renounceable non-underwritten rights issue of up to 746.46 million new shares at an issue price of $0,025 each, with up to 559.845 million free detachable warrants with an exercise price of also $0,025. The issue wiU be made on the
        70 words
      • Article
        Lock icon ASJ Hldgs warns of likely loss for 2007
        50 9 ASJ Holdings yesterday warned that it may report a loss for the full year ended December 2007. It cited reasons such as lower sales to Europe, stock write-offs, and costs relating to the group's shift of its manufacturing facilities to Senai, Malaysia.
        50 words
    • Article
      Lock icon Banyan goes to UAE's Saraya Islands
      208 9  -  NISHA RAMCHANDANI BANYAN Tree Holdings which designs, develops and operates hotels, resorts, spas and retail galleries has signed an agreement to operate a Banyan Tree resort in the Emirate of Ras Al Khaimah, United Arab Emirates. The resort will be on the Al Sahab
      208 words
  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      2236 6 Gmo<h CEREBOS PACIFIC LIMITED (Company Registration No. *****4186H) (Incorporated in trie Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Sixth Annual General Meeting of the Company will be held at Grand Copthorne Waterfront Hotel, Level 2, Riverfront Ballroom, 392 Havelock Road, Singapore *****3 on
      2,236 words
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      Lock icon Page 6 Advertisements Column 2
      96 6 iPPNANYANG *A<^ TECHNOLOGICAL UNIVERSITY Nanyang Business School /A \£x* -<■ PUSHING BOUNDARIES. MAKING WAVES. MSc Financial Engineering In collaboration with Carneige Mellon University, USA REPUTATION Ranked TOP Three among Asia-Pacific Business Schools. The Financial Times, 2007 RPH HPHPIi EXCELLENCE World-class academics and industry professionals. KH State-of-the-art infrastructure: Reuters 3000 Xtra
      96 words
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  • Page 7 Advertisements
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      55 7 > BORNEO MOTORS (SINGAPORE) PTE LTD 33 LENGKEE ROAD SINGAPORE *****2. LEXUS SALES TEL: *****288/*****811/*****822/*****833. OPEN MON-SAT: BAM TO 7.30PM. SUN: 10AM TO DOm6O IVIOtOrS 6PM. LEXUS SERVICE CENTRE TEL: *****826/*****827. FAX: *****651. OPEN MON-FRI: BAM TO SPM. SAT: BAM TO 4.30PM. Details and specifications may differ from picture shown,
      55 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon 'Sell into strength' the preferred strategy
      576 8  -  R SIVANITHY STOCKS ST Index sees early bounce reversed after Hang Seng Index and Dow Jones futures fall IN THEIR near-term outlook reports issued earlier this week, some brokers recommended selling into strength because of the inherent uncertainty caused by a volatile and weak
      : Bloomberg  -  576 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      92 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 4 10 3 0 0 0 10 lanufacturing 39 98 64 15 17 46 113 81 Commerce 17 37 18 25 42 )t/Stor/Comms 14 21 14 23 ■inance 18 18 Construction 13 17 'roperties 26 26
      92 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      107 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 21,273 21,273 104,564 104,564 lanufacturing 403,316 53,603 456,919 450,796 8,700 459,496 Commerce 146,427 7,097 153,524 151,839 1,396 153,235 'pt/Stor/Comms 150,865 451 151,316 411,170 188 411,357 :inance 26,552 26,552 249,790 249,790 Construction 55,564 11,083 66,647 23,324 1,053 24,377 ■roperties 99,297
      107 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      108 8 lapitaLand 6.070 +0.120 Olam 3.060 +0.060 :apitaMall 3.160 -0.030 S I A 16.380 -0.480 jtyDev 12.520 -0.080 SGX 11.700 -0.400 losco Corp 5.600 -0.100 SIA Engg 4.450 +0.030 IBS Grp 20.080 -0.220 SPH 4.510 -0.010 :&N 5.390 -0.010 ST Engg 3.680 -0.020 Sent Intl 0.665 -0.015
      108 words
    • Article
      Lock icon BROKERS' TAKE
      1037 8  -  UMA SHANKARI Cacola Furniture Inf I Jan 10 close: 550.425 OCBC Investment Research, Jan 10 POSITIVE developments since listing: The management of Cacola Furniture International Ltd was in Singapore for a roadshow this week. Its latest update augurs well. Since listing, Cacola has expanded its retail penetration from
      1,037 words
    • Article, Illustration
      Lock icon Greenback creeps back before key events
      530 8  -  LARRY WEE CURRENCIES THE US dollar made a modest recovery overnight with the help of a healthy Wall Street rebound and some trimming of short positions ahead of three key Thursday events. Wall Street's comeback overnight was reportedly sponsored by growing talk that the
      : Reuters  -  530 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      51 8 Jan 10 VALUE CLOSE -697.00-435.00 BT OB/OS BT CADI -*****.00-176.00 BT 10-day MA -*****.00 -70.00 FTSE ST Mid Cap 851.02 -11.41 FTSE ST Small Cap 821.71 -10.17 FTSE ST All Share 864.64 -9.57 FTSE ST China 717.32 -25.55 SIMSCI 403.51 -2.94 SIMSCI Futures 403.70 -3.50 PrimePartnersCI 222.90
      51 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 8 VOLUME Firstßes MEReCWOBO4OB 46,362,000 Firstßes 45,030,000 KTL Global 44,297,000 Biosensors 40,399,000 JES 37,246,000 SinqTelMßl_eCWoBo6o3 35,036,000 Sing Tel 34,623,000 DBS DBeCWOBO3IO 33,652,000 JiutianC 33,414,000 CapitalanDßeCWoBo6l6A 32,079,000 VALUE(S) Sing Tel 134,162,082 Capita Land 98,670,624 Wilmar 84,715,404 Firstßes 81,984,340 DBS Grp 80,325,344 STXPOKWIOO 78,773,020 SGX 72,656,518 S I A 63,576,760
      56 words
    • Article
      Lock icon RISES
      100 8 CLOSE UP Jardine C&C 2100 70.0 3.4 Shani iriLa Asia 2470 23.8 5.6 DBS Bk6% NCPS 10 ***** 20.0 0.2 En. Wah 85 16.5 24.1 Wilmar DBeCW/*****4 80.5 15.0 22.9 Land 607 12.0 2: Creative Tech 590 12.0 2.1 ilanMBLiCW***** 228 11.0 5.1 Total Access 109 10.0 6.9 ilandDBePW/*****
      100 words
    • Article
      Lock icon FALLS
      116 8 CLOSE DOWN GLD 10US$ 8730-100.2 -0.8 JSH 1556 -63.0 -2.8 S I A 1638 -48.0 -2.8 SGX 1170 -40.0 -3.3 Venture Con 1114 -36.0 -3.1 SIA 200 1638 -34.0 -2.0 SGX RB eCW*****8 54 -32.0 -37.2 NOL 336 -26.0 -7.2 HK Land 470 -22.9 -3.3 iBS Gn 2008 -22.0
      116 words
    • Article
      Lock icon CURRENCIES
      87 8 Wh lere S! stands Jan 10 CHNG CLOSE FRJan9 YR 2008/07 S$ LOW S$ HIGH uss 1.4325 -0.12 1.5479 1.4303 Euro 2.1032 0.11 2.1639 1.9913 Pounds 2.8053 0.14 3.1194 2.7982® AS 1.2673 -0.28 1.3555 1.1741 Yen* 1.3031 0.48 1.3821 1.2285 Rupiah* 0.***** -0.12 0.***** 0.***** Baht* 4.3200 -0.15 4.5700
      87 words
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      627 9 AFOR Limited I Afor Limited (Incorporated in the Republic of Singapore on 9 April 2002) (Company Registration No.: *****2930G) Invitation in respect of 23,500,000 ordinary shares comprising:--(a) 1,000,000 Offer Shares at $0.33 for each Offer Share by way of public offer; and (b) 22,500,000 Placement Shares by way of placement,
      627 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Getting varsities to cash in on research
      807 10  -  ONG BOON KIAT NRF plans academic entrepreneurship scheme that will speed up innovation HAVING spent the past two years beefing up research expertise and capabilities in local tertiary institutions, the National Research Foundation (NRF) is planning to steer them along the path of
      807 words
    • Article
      Lock icon Office redevelopment worsens space crunch; rents soar
      572 10  -  ARTHUR SIM CBD supply fell 3.7% y-o-y in Q4 2007 to 19.98 m sq ft: DTZ By, ONLY 341,180 sq ft of new office supply became available for the whole of last year. At the same time, 1.02 million sq ft of office
      572 words
    • Article, Illustration
      Lock icon CityVibe put up for sale at $140m
      368 10  -  KALPANA RASHIWALA CITYVIBE, a new three-sto-rey retail and entertainment complex opposite Clementi station and next to the future Clementi Central Hub, is for sale through an expression of interest exercise at an asking price said to be $140 million. This could work out
      368 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon 39 vie for inaugural LKY Water Prize
        48 10 THE inaugural Lee Kuan Yew Water Prize has attracted 39 nominations from more than 15 countries. The prize recognises outstanding contributions to solving water issues. The award will be the highlight of the inaugural Singapore International Water Week on June 23-27.
        48 words
      • Article
        Lock icon Nets appoints new assistant CEO
        52 10 ELECTRONIC payments provider Nets has appointed Suman Balani to the new position of assistant chief executive. Ms Balani will assume overall responsibility for all Nets consumer products in Nets. She will also play a key role in strategically reviewing businesses and setting long-range directions for
        52 words
    • Article
      Lock icon Genting shows: Sistic sells tickets
      278 10 TICKETING service company Sistic has teamed up with the Genting Highlands resort in Malaysia to offer tickets to shows at the entertainment centre. Customers here will be able to get tickets for shows at the resort through the Sistic website before travelling there. The resort
      278 words
    • Article
      Lock icon FedEx Int'l Economy service aimed at SMEs
      188 10 FEDEX is targeting small and medi-um-sized enterprises (SMEs) in the AsiaPacific as it launches its International Economy service in Singapore and nine other countries in the region. The international courier service believes there is a market for express solutions that are both cost-efficient
      188 words
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      75 10 D I M SAKE B A R A New Way to Toast Dim Sum Sashimi Sushi Sake Cocktails 13 §i£iPB W M* I I" TB ii ii W IC sa k r.-.,. ,1 ££H wkrrZS&'i i^-=_.ir" "ju. 'la ••fl p^i1 tt tt»tt r y w t n J ■^B^^HibV™'%**l'i^-'- Fam
      75 words
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  • ECONOMY WATCH
    • Article
      Lock icon 50% chance of recession in Japan: Goldman
      648 11  -  ANTHONY ROWLEY View contrasts with upbeat reports from World Bank, OECD on major economies in Tokyo JAPAN'S economy could follow that of the US into recession this year, investment bank Goldman Sachs warned yesterday, underlining a growing gulf between analysts in the private
      648 words
    • Article
      Lock icon Stock market woes may deter US consumers
      672 11 -Reuters Another blow after housing turmoil could be disastrous [WASHINGTON] The stock market may be the deciding factor in whether the US economy tips into a con-sumer-driven recession this year. Much of the hand-wring-ing about the big threat to household spending has focused
      -Reuters  -  672 words
    • Article, Illustration
      Lock icon Sarkozy proposes a third of firms' profit should go to staff
      330 11 AFP [PARIS] French President Nicolas Sarkozy proposed on Wednesday that a third of company profits should go to employees, with the same amount reserved for shareholders and investment. "A system in which a third of the profits of a
      AFP; REUTERS  -  330 words
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      23 11 200 Bssi UfJite/ A JJki/i food empire holdings limited E-maii: info@food-empire.com website: www.foodempire.com www.maccoffee.com www.maccoffee-rally.com.ua Food Empire is under FTSE ST Index Series
      23 words
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      4196 12 10.5 3.5 1525 Anwell 8.5 +0 5 45 8.5 8.5 SB.B 19^ *gf Ossialntl 19 unch 177 I^s 19 11.7 46.9 19 5 L 3 iiX Dssialntl 19 unch 177 19.5 19 11,7 46.9 l?ft fil •inn? Andllo l?d unrh ?3 I?fi 1 ?d d. 9 I^l 6l 35 5
      4,196 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Malaysia likely to call elections by March
      270 13 Reuters The Star cites senior minister, analysts; suggests March 7-16 as polling period [KUALA LUMPUR] Malaysia is likely to call elections by early March, a newspaper reported yesterday, citing a government minister and political analysts. "The elections will be held soon enough latest
      – Reuters  -  270 words
    • Article
      Lock icon Suharto still in critical condition, more tests done
      301 13 -AFP [JAKARTA] Indonesia's ex-dictator Suharto was to undergo several medical tests yesterday as the health of the 86-year-old remained critical, one of his doctors said. Suharto, who held Indonesia in an iron grip for 32 years until he was forced to step
      -AFP  -  301 words
    • Article
      Lock icon UK stops M'sian palm oil ad after complaint
      427 13 -AP Environmentalists protest that impact of using palm oil as biofuel is unproven [LONDON] Britain's advertising watchdog on Wednesday ordered British television to stop airing two commercials suggesting palm oil production in Malaysia is good for the environment, calling them misleading. The
      -AP  -  427 words
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      13 13 YOU DECIDE YOUR ERING ME lOME Zap Here for This Week's ZAP BID!
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      384 13 FOR MILLIONAIRES BW^ffllfßSSßl Millionaireasia TOTHW!ffIffIIP?S!H ONLY I tI "^Z l""Z» HJ I 'S Exclusive Invitation ,i 1. Z I I W v Z, 88.1V111.8 xi Stay at Karma Jimbaran Villas «<"" BfflgffiligliigWßS^^■-""- MilhonaireAsia I SHipßWW^j^ !^mm^ mM^^^ m~^^Mm^ is the Largest I mY^^ flf A HSSS3ES3 N/l -f I"^ jiLJ^Hiii^^_iß
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  • GREATER CHINA
    • Article
      Lock icon Inflation deemed no threat to HK dollar peg
      597 14 Reuters HK still competitive since productivity growth remains solid: HKMA adviser [HONG KONG] Fears of a surge in consumer prices due to Hong Kong's currency peg to the US dollar are exaggerated, and higher inflation will anyway not undermine the fixed exchange
      – Reuters  -  597 words
    • Article, Illustration
      Lock icon China consumers worry as inflation soars
      558 14 AFP [BEIJING] Pensioner Luo Xuefei frowned at a mound of pork spareribs in a Beijing market in what has become an increasingly stressful daily exercise on both her wallet and psyche. "Is this a mistake?" the 58-year-old yesterday asked a vendor selling the meat
      AFP  -  558 words
    • Article
      Lock icon Foreign banks extend more yuan loans in Shanghai last year
      234 14 Xinhua [SHANGHAI] Foreign banks performed impressively last year in Shanghai, China's economic hub. Sources with the Shanghai headquarters of the People's Bank of China, the central bank, said yesterday that yuan-denominated deposits of foreign banks soared rapidly in the city.
      Xinhua  -  234 words
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      1632 14 IN THE MATTER OF THE COMPANIES IN THE MATTER OF THE COMPANIES IN THE MATTER OF THE COMPANIES IN THE MATTER OF THE COMPANIES IN THE MATTER OF THE COMPANIES Aa,CAP.SO ACT, CAP. 50 ACT, CAP. 50 ACT, CAP. 50 ACT,CAP.SO PUBLIC NOTICE and in the matter of and in
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  • Page 15 Advertisements
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      147 15 lIP llll^ I tip-.*- W^fCE; I :pm i tmru r|pprpnij Merten Lighting Contro. J kißa^os B^^^s Rimadesio Wardrobe To Experience True Luxury In The East 9616 2162* 6836 6650 Showflat opens daily from I Oam to 6pm at 50 Amber Road S(*****8) No restriction to foreigners Please visit www.amberresidences.com.sg Developer
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  • INDIA
    • Article, Illustration
      Lock icon Tata launches the Nano, world's cheapest car
      682 16 AFP It dismisses fears that the no-frills compact will lead to more congestion and pollution [NEW DELHI] India's Tata Group unveiled yesterday a U552,500 car billed as the world's cheapest amid predictions that the no-frills compact could revolutionise how the nation of 1.1
      AFP; AP  -  682 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7760 16 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.987/ Star Europe Bond 1.209/ Star Europe Bal 1.212/ Star Asian Tiger Eqty 1.637/ Star Asia Bond 1.25/ Star Asia Balanced 1.047/ Star Global Technology Fund!** 0.213/ Multi St Fd 0.917/ Star Asia Bond(USD) 0.873/ Gib Multi St USD
      7,760 words
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      40 16 il A HEALTHY PORTFOLIO NEEDS A BALANCED DIET /f|\ '$'z}%fW,''''?''^'^-::^^ ram or a PersP ect;ive on how balancing your portfolio can help you deal with market =<d^>_..^2s^. ?^>%%'/-ki*"'A'''i^Sc^^V' rr'*»*'*-^^^-W"'"'"^^^^^^^^^«| volatility, speak to your financial advisor or visit www.franklintempleton.com.sg. FRANKLIN TEMPLETON
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Matsushita to drop founder's name to become Panasonic
      660 17 -AP [TOKYO] Japanese electronics maker Matsushita Electric Industrial will drop the name of its charismatic founder and become Panasonic Corp to strengthen its global image. Matsushita president Fumio Ohtsubo acknowledged it was a tough decision to give up the Matsushita and other
      -AP  -  660 words
    • Article, Illustration
      Lock icon Manila points the finger at Ayala Land over mall blast
      501 17 -Reuters Government is bringing criminal charges against 14 people [MANILA] The Philippines recommended the filing of criminal charges against 14 people, including three mid-ranking employees of Ayala Land yesterday, holding them responsible for a mall blast that killed 11 people.
      -Reuters; AEH  -  501 words
    • Article
      Lock icon Wholesale inventories rise 0.6% in November
      362 17 Bloomberg LATEST US DATA [WASHINGTON] Inventories at US wholesalers rose more than forecast in November and sales jumped, reflecting rising prices for oil and farm products. The 0.6 per cent gain followed no change in October, the Commerce Department said yesterday. Sales rose 2.2
      Bloomberg  -  362 words
    • Article
      Lock icon Capital One cuts 2007 profit forecast
      179 17 -Bloomberg [NEW YORK] Capital One Financial Corp, the largest independent US credit-card issuer, reduced its full-year profit forecast by about 20 per cent because of swelling loan losses in a weakening US economy. The company expects 2007 profit of about U553.97 a share, down
      -Bloomberg  -  179 words
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      802 17 Frustrated by slow network or Internet access in your office? I y^jp Worried about the confidentiality and integrity of your data? Concerned about security when you transact over the Internet? Faced with frequent virus or spam attacks even with the use of antivirus software? Wondering if you can prevent your
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      41 17 The Winner is Ms. Kristin Tan FINANCIAL TIMES Have a strong opinion on an issue? Contribute to the forum pages of the new, bilingual my paper SEND YOUR E-MAIL TO myp@sph.com.sg Lianhe Zaobao With sales of 200b yuan in 2006, 2000'E7EARi!i
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  • WORLD
    • Article
      Lock icon Citi, Merrill in talks for more foreign funds
      548 18 -Reuters, Bloomberg They both could get up to USsl4b from Mid-Eastern, other govts, says WSJ [NEW YORK] Citigroup and Merrill Lynch are in discussions to receive more capital from investors, primarily foreign governments, The Wall Street Journal reported yesterday. Citigroup could get
      -Reuters, Bloomberg  -  548 words
    • Article
      Lock icon Giuliani plans capital gains, corp tax cuts
      246 18 Bloomberg [NEW YORK] Republican presidential contender Rudy Giuliani has proposed a new tax plan that would cut capital gains and corporate tax rates while simplifying the tax form that most Americans fill out. Mr Giuliani, in an interview on Wednesday with Bloomberg Television
      Bloomberg  -  246 words
    • Article, Illustration
      Lock icon US$20m for Stanford stem cell research
      184 18 Bloomberg [NEW YORK] Investment banker John Scully is donating US$2O million to Stanford University for a new stem cell research facility. The money will be used to build a research and laboratory complex devoted to stem cells and regenerative medicine that the university plans
      Bloomberg; BLOOMBERG  -  184 words
    • Article
      Lock icon Calpers set to acquire 9.9% of Silver Lake
      411 18 Bloomberg Pension fund's deal values private equity firm at USs2.7sb [NEW YORK] The California Public Employees' Retirement System (Calpers) is buying 9.9 per cent of Silver Lake Group, the biggest private-equity firm specialising in technology companies. A Calpers executive will join Silver
      Bloomberg  -  411 words
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      465 18 LUAUKY I Januarys Broths LIVE Station iHrii^J'"'- i~i~» fe *^SsB^^ I Winter Melon Savoury Hainanese Chicken Rice ~'~^-> r f, PrOSpGfOUS %X, ibdß P^*Jfi?^ $19 per child (aged sto 12 years old) $20 per child (aged sto 12 years old) MealS Festive »J|te,. |i ~('imtoo The Buffet is open daily
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      4921 19 IN THE MATTER OF THE COMPANIES AO, CHAPTER 50 /y S/\^\. notice of resolution THAI VILLAGE HOLDING*? LTD I /A 1 FOR VOLUNTARY WINDING Vg4 HjHI VILLAGE, I nMI VILLMUC HULUIIMU3 LIU /-UV I UP PURSUANT TO SECTION ».mim»m (Incorporated in the Republic of Singapore) \li^A/ 290(1 )(b) cost saver
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  • AVIATION
    • Article
      Lock icon AirAsia's Changi-KLIA service takes off
      420 20  -  YEN SREENIVASAN Carrier offers 30,000 free seats; daily flights depart XL at 10 am and 7.30 pm SINGAPORE] Malaysian budget carrier Air Asia yesterday launched ticket sales for its new Singapore-Kua-la Lumpur service in grand style here offering 30,000 free seats, or enough to fill
      420 words
    • Article, Illustration
      Lock icon British Airways to launch new transatlantic carrier
      738 20 -AP [NEW YORK] British Airways, long a staple of transatlantic travel, is lending weight but not its name to a startup airline that will compete for well-heeled travellers flying directly between New York and the European mainland. The new airline, named Open Skies,
      -AP; AP  -  738 words
    • Article
      Lock icon Further delay seen in Dreamliner deliveries
      301 20 Bloomberg [NEW YORK] Boeing Co, the world's second-largest commercial plane maker, may be forced to further delay deliveries of its 787 Dreamliner aircraft, Sanford C. Bernstein Co analyst Douglas Harned wrote in a note to clients on Wednesday. Mr Harned's comments came on the
      – Bloomberg  -  301 words
    • Article
      Lock icon Air China to file CEA stake purchase plan soon: reports
      283 20 Reuters [SHANGHAI] The parent company of Air China, the country's top carrier, is expected to file a proposal within two weeks to buy a stake of China Eastern Airlines (CEA), Chinese media reported yesterday. On Tuesday, CEA's minority shareholders overwhelmingly
      – Reuters  -  283 words
    • Article
      Lock icon Extra daily SIA flight to Sydney
      331 20  -  YEN SREENIVASAN By SINGAPORE Airlines is introducing another daily flight between Changi and Sydney from June, increasing the number of flights between Singapore and the Australian commercial capital to four a day. The announcement comes a week ahead of the delivery of its second
      331 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2448 20 AIRLINE CODES: AA American Airlines (AAL), AF A --ancE (AFR), Al Air India (AIC), AY Finnair L/ (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh A ines (BBC), Bl Royal Brunei Airlines Sdn Bhd =!BA), BO Bouraq Airlines (BOU),
      2,448 words
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  • SHIPPING
    • Article
      Lock icon Strong gains across S'pore port segments
      541 21  -  VINCENT WEE Double-digit growth in arrivals, bunker sales, container throughput By THERE were celebrations all round yesterday when the Maritime and Port Authority (MPA) released a set of sterling figures at the Singapore Maritime Foundation's (SMF) New Year reception. There were strong gains in
      541 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        116 21 '000 Ian 10 Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises
        116 words
      • Article
        Lock icon KLSE
        38 21 '000 Jan nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 1.14 9.70 9.70 4.40 3.08 0.26 0.18 0.02 -0.05 0.05 0.02 0.02 -0.01 unch 1243 1857 2094 1428 237 42 409
        38 words
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        Lock icon BANGKOK
        12 21 '00 ■recious Ship Jegional Cont 24.50 28.00 -0.50 -0.25 1167 305
        12 words
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        Lock icon HONGKONG
        15 21 '000 Ian 10 HK$ Vol joil iingamas Cont 52.40 3.04 0.10 unch 1389 1036
        15 words
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        Lock icon PHILIPPINES
        24 21 '000 Jan 'eso Aboitiz Equity Inti Container Keppel Marine Keppel Prop 6.80 43.50 unch 1.72 0.10 unch unch -0.26 6636 745 0 1
        24 words
      • Article
        Lock icon TAIPEI
        24 21 Jan Evergreen Marine ....31.55 :irst Steamship 73.50 /Van Hai Lines 29.80 fang Ming Marine ..24.90 1.45 -1.70 0.70 1.00 49 8 18 22
        24 words
      • Article
        Lock icon TOKYO
        41 21 '000 Jan 'en (awasaki Hvy Ind ..298.00 -10.00 ***** (awasaki Kisen ...1029.00 -23.00 8032 Mitsubishi Hvy 446.00 -13.00 ***** vlitsui Eng&Sbldg ..383.00 -23.00 ***** vlitsuiOsk Lines ...1348.00 -30.00 ***** Mippon Express 564.00 -6.00 3786 MipponYusen 847.00 -15.00 5897 iource: Reuters
        41 words
    • Article
      Lock icon PSA handled 27.1m TEUs in'07
      260 21 SINGAPORE'S dominant terminal operator PSA handled a record 27.1 million TEUs (twenty-foot units) last year, up 13 per cent on the 23.98 million TEUs handled in 2006. The volume amounts to about 97 per cent of all the containers handled by the port of Singapore
      260 words
    • Article
      Lock icon Bulk carrier failed to keep effective lookout
      803 21  -  SELVA KUMAR ADMIRALTY CASEBOOK By NO EFFECTIVE lookout was being maintained by anyone when a bulk carrier hit an anchored fishing vessel some 30 miles off the coast of South Australia in April last year, the Australian Transport Safety Bureau has found. The
      803 words
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      8 21 A PERFECT OME HMHI uikl iiyj i%>j I
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      200 21 ST7OI Seminar: Consumer Engagement Date: 25 January 2008 (Fri) Time: 9am 5.30pm Venue: SPH Auditorium Capture Mindshare in an Attention-Deficit Economy The Guerrilla Marketing Advantage Clear the clutter of marketing messages that consumers «^k receive frequently and that is to gain mind share and J* f^k stand out from the
      200 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Of mice in men
      494 22 FOR all the strides mankind has made in science and technology and there have been plenty, even just in the 20th century, from landing man on the moon to creating test-tube babies to manipulating the weather for most people, the notion of creating human-animal hybrids probably
      494 words
    • Article, Illustration
      Lock icon More Asian companies investing regionally
      1109 22  -  RAMKISHEN S RAJAN RABIN HATTARI Many of them have made headlines as they have been on a hectic buying spree INTRA-ASIAN investment flows in the region by Japanese multinationals are not something new, having been fuelled partly by the Plaza Accord of 1984-85 and consequent
      AFP  -  1,109 words
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      Lock icon Tailor goods to consumers in the rest of the world
      817 22  -  ANDY MUKHERJEE THE BOTTOM LINE INDIA will signal to the world a very tentative arrival as the next hub for global disinflation as Ratan Tata unveils his U552,500 car, the cheapest ever. If the "People's Car", as it has been
      817 words
    • Article, Illustration
      Lock icon Is Bernanke too much of a nice guy?
      1242 23  -  LOUIS UCHITELLE -NYT Many on Wall Street feel he should be dealing with the situation more aggressively than he has so far IS THE Federal Reserve's chairman, Ben S Bernanke, too nice for the job? That's the view of many on Wall
      -NYT; REUTERS  -  1,242 words
    • Article, Illustration
      Lock icon Things are looking up in Cambodia
      794 23  -  HARISH MEHTA The government says it aims to increase Cambodia's international competitiveness by developing the physical infrastructure, such as low-cost water and power supply, and telecommunications services THE Cambodian growth story is beginning to impress the financial markets. The engine of growth is exports.
      AFP  -  794 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8670 24 Transaction date: Jan 10 52-wks Tel |h Low Code Last Sale Vol ('000) Hit Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E MCap $mil Com[ 5716 1st Software 22 8.5 3148 STelecom 33 15.5 5834 A-Sonic 105 98 6389 ABF SG Bond ETF 30
      8,670 words
    • Article
      Lock icon SGX XTRANET
      82 24 Afk Tel Low Code Last Sale Vol ('000] lay L Low Bui .ast Quote yer Seller Div C'vr irYld Net P/E /ICap $mil Hii Com| >air Hii 200 116 6065 Diamonds US200cd 250 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** *****
      82 words
    • Article
      Lock icon SGX CATALIST
      2152 24 Wk Tel Low Code Last Sale Vol COOP) lay I Low Bui .ast Quote Div /er Seller C'vr Net P/E riCap Siriil Hii Comi Hii 30 11.5 1181 s AAGrp 41.5 20.5 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 3.5 1501 s Advanced System 70.5
      2,152 words
    • Article
      Lock icon CLOB INTERNATIONAL
      213 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      213 words
  • Page 24 Advertisements
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      19 24 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. M Tel: 6238 6678 Fax: 6238 6676. Internet: http://www.audemarspigjet.com I
      19 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      371 25 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 9 World Index Preliminan 1080.5 -0.4 -1.8 -0.6 -4.5 -0.6 2.3 t EAFE Preliminan 1080.2 -0.5 -2.5 -0.8 -1.9 -0.8 5.0 Eun Preliminary 1485.7
      371 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      133 25 As at 9am Jan 10 Singapore dollars to one unit of foreign currency: Currencies Bid t Offer Aust dollar 1.2570 1.2730 Can dollar 1.4080 1.4250 Euro 2.0890 2.1130 NZ dollar 1.0990 1.1230 terlinc und 2.7880 2.8190 US dollar 1.4240 1.4400 Local dollars to 100 units of
      133 words
    • Article
      Lock icon INTERBANK RATES
      162 25 Jan 10 uner Bid Overnight 1 1/8 1 -month 1 3/8 2-months 1 9/16 3-months 1 3/4 Overnight mode: 7/8 1 1 1/4 1 7/16 1 5/8 US$ Offer Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.35 4.35 4.35
      162 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 25 Jan 10 STI SIMSCI Jan 406 410.8 403.7 Taiwan Jan 313.9 317.8 313.3 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 25 Jan 10 Bid Offer 1-month 1.4272 1.4284 2-months 1.4242 1.4255 3-months 1.4217 1.423 6-months 1.4147 1.4161 Source: OCBC
      21 words
    • Article
      Lock icon SICOM FUTURES
      289 25 Jan 10 RSS 1 (S cents/kg) Month Hii Low Close Sett Volume (tonnes) Open Interest Feb 08 Mar 08 Apr 08 May 08 Jun 08 Jul/Sep 08 375.00 379.25 385.00 389.25 390.00 391.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open Interest Feb 08
      289 words
    • Article
      Lock icon CHICAGO BOT
      103 25 Jan 9 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 08 1249.00 1256.50 1259.00 1248.00 Mar 08 1262.50 1267.00 1274.00 1261.00 May 08 1280.00 1286.00 1291.00 1277.50 Jul 08 1291.75 1295.00 1302.00 1290.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Ian 08 50.70 50.51 50.75 50.60
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 25 CRUDE OIL PRODUCTS Jan 9 CRUDE (FOB origin) USS/barrel Close Chanc Brent blend (1-Mth F) 96.24 0.21 WTI (Near Mth) 95.63 -0.87 Dubai (1-Mth F) 90.45 0.81 Tapis blend 101 1.1 Minas 99.35 1.1 PRODUCT USS/barrel (FOB S'pore) Close Change m. Naphtha Jet Kerosene 94.90 109.80 0.25 -0.85 USS/barrel Opec
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 25 Jan 10 Rmb Euro HK! Ind Rs Ru| Yen Won RM NZ! PakRs Peso Rand Sfr NT1 Baht Pound us: Australia 0.891 6.410 0.601 6.883 34.646 83.225 0.969 8.268 2.882 1.139 55.248 35.949 1.262 6.045 0.984 28.650 29.238 0.451 0.882 Canada 1.122 7.192 0.674 7.723 38.873 93.380
      465 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 25 Jan 10 Period Issue code Maturity Yesterday's Bid Hii Day's [h Low 3-Month BQ*****E 10.04.08 1-Year BY*****A 29.09.08 1.65 1.71 1.6 1.6 1.6 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
      90 words
    • Article
      Lock icon SIBOR
      76 25 Jan 10 1 mth 2 mths 4.***** 1.***** 6 mths 1.***** 9 mths 2.***** 12 mths 2.***** 4.***** 1.***** 3 mths 4.***** 1.***** 6 mths 9 mths 12 mths 4.***** 4.***** 3.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs
      76 words
    • Article
      Lock icon PALM OIL
      61 25 Jan 9 Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Jan 08 3180 3195 3196 3180 140 1204 Feb 08 3180 3205 3208 3177 1404 5350 Mar08 3182 3201 3204 3173 6198 ***** Apr 08 3167 3192 3196 3165 2008 6323 Total
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    • Article
      Lock icon PRECIOUS METALS
      138 25 Jan 10 /oz) Ian Ian Hong Kong London 875.00 884.20 876.00 885.20 Jan 09 Jan 08 879.90 874.20 880.70 874.90 Source: Reuters CAST BAR (S$) Jan 10 Buying Sellim Kilobar "43,476.24" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz
      138 words
    • Article
      Lock icon LONDON METALS
      70 25 Jan9\ irit< iiuiii, yy.i (US$/tonne) Co Close Previous Cash 2443.00 2456.80 3 months 2492.00 2505.00 Copper, Grade A (US$/tonne) Cash 3 months 7203.50 7220.00 7197.50 7230.00 Lead (US$/tonne) Cash 2592.00 3 months 2600.00 2657.20 2660.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
      70 words
    • Article
      Lock icon LIFFE
      79 25 Jan 9 (£/tonne) Close Prev Hie h/Low Mar08 1114 1111 1118/1109 May08 1132 1129 1135/1127 Jul 08 1158 1157 1163/1155 Sep08 1138 1133 1141/1130 COFFEE (US$/tonne) Close Pev High/Low Jan 08 1946 1933 1952/1930 Mar 08 1975 1966 1976/1956 May 08 1993 1983 1994/1974 Jul 08 2006 1997 2006/1987
      79 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      158 25 Jan 10 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2616 1.2632 0.8816 0.8821 Canadian dollar 1.4156 1.4173 0.9892 0.9897 Euro 2.0998 2.1017 1.4674 1.4677 NZ dollar 1.1075 1.1091 0.7739 0.7745 Sterlim ind 2.7973 2.8000 1.9548 1.9553
      158 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      345 25 Jan 10 URODOLLAR FUTURES Vlar08 Iun08 Sep08 3ec08 96.170 96.620 96.845 96.935 0 0 0 0 ***** ***** 7473 5847 EUROYEN FUTURES Vlar08 99.240 99.245 Iun08 99.325 99.355 Sep08 99.310 99.355 3ec08 99.265 99.320B Vlar09 99.235 99.275 Iun09 99.225B Sep09 99.170B 3ec09 99.235 99.325 99.310 99.265 99.235
      345 words
    • Article
      Lock icon BONDS & WARRANTS
      2293 25 BONDS WARRANTS Tel Code Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left 2036AdvanceSCTLtdW*****9 29.5 2 32 1 87 28 3.08 31 3747 Allgreen RB ECW*****1 3 0.5 50 0.5 163 2 8798 Ascendas REIT SGA ECW*****3 6.5 2 5136 1 248
      2,293 words
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      3000 26 m The Business Times umum Shipping Times M KPfl WFi3 jBlHi gfdTlj *k\ WAN HAI INTERNATIONAL PTE LTD crno **********0/r W A^V B5*E ll'WWffl'YPfH'riil'Ha'niPi 101 VTT^\ ■■>!■ ■■>■ mup#< TEL6226ISSS (14 LINES) FAX:*****163 V...^?CTvTir7*>m HIP ■g^H &BSSS& YAM > WAN HAI INFX Cu,.om« S«vi<e Bookings Dire.l Une (1800) *****200 _^^^_^^Lj
      3,000 words
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      3166 27 F"]^S4 miff ll~t~\ EASTERN r CAR LINER. LTD |lj§ 3®2S^ I Z^/^^B^V^X\ 'rA W' ~^~"T- 'I Ki''<^Mi llUlifflflffl^^H M^VOY^ Ramp(KT) Lilting(KT) SIN PKL PNN JKT LCB KUC '^TB^ "iX i. B-J^JT^ t',l. Ss. "*i -SB I UiMAM si h Ijj II U■■ 1 ALSO ACCEPTING TO ALL NORTHERN AND WESTERN
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      4488 28 X MnCnCCKI Tel:6s-*****907Fax:*****917 I TTTAni^raiiinHTiAß^rnn^n K»H El IH ANDERSEN Email: asc@asc-asia.com I I?* GLORY NAVIGATION GROUP I ;^||HH|HHIHHHij|P|HI|HH HMi shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 ft^^itt^^al ™J2^ NORTH WcoT cXPRcob LINE owns operates the youngest fleet MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL
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      99 29 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by n^'i'Mi THE BUSINESS TIMES Business Times journalist Vincent Wee, who did a circumnavigation on Uniquely Singapore Clipper in the 2005-2006 race and reported from onboard the boat in the first
      99 words
  • executive lifestyle
    • CLIPPER ROUND THE WORLD RACE
      • Article, Illustration
        Lock icon Building a strong team from scratch
        917 29 VINCENT WEE reports on the sense of camaraderie on board Uniquely Singapore AFTER being out at sea for a little over a week, life has started to settle down to a kind of rhythm for the crew of the Uniquely Singapore clipper. Apart from
        ONEDITION  -  917 words
      • Article
        Lock icon Clipper race plays role in staff development
        487 29  -  VINCENT WEE SINGAPORE Aero Engine Services (Saesl) chief executive John Horsburgh is the only one from corporate Singapore, apart from Uniquely Singapore Clipper main sponsor Keppel Corp, who understands the race's concept enough to put money into sponsoring employees to take part in
        487 words
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        Lock icon Water adventure for aerospace man
        547 29  -  VINCENT WEE WHEN Singapore Aero Engine Services (SAESL) offered its employees the chance to take a fully sponsored adventure trip, 47-year-old engineer Lewis Foo was one of the first to jump at the opportunity. He realises now that taking up the challenge of doing the
        547 words
    • WINE
      • Article
        Lock icon The importance of provenance
        951 30 Older Bordeaux vintages that have never been moved out of Bordeaux cost at least 10 per cent more than those outside, notes N K YONG WAS dining in a very popular restaurant, Lion dOr, in the little village of Arcins in the Medoc last week, and
        951 words
      • Article, Illustration
        Lock icon How The Macallan raises the bar
        699 30  -  CHRISTOPHER LIM SPIRITS EVEN the most casual survey of the top clubs and bars in town indicates that The Macallan is probably the most popular single-malt scotch whisky in Singapore in terms of visibility. Restaurateur and bar owner Michel Lv has said The Macallan
        699 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon Tale of a drug lord with business acumen
        582 31 CINEMA American Gangster is different in style from other such movies, writes GEOFFREY EU ALL good and great gangster movies from The Godfather and Scarface to Goodfellas and Once Upon a Time in America share a common trait in that, along with
        582 words
      • Article, Illustration
        Lock icon An anorexic mess of an update
        388 31  -  PARVATHI NAYAR DVD REVIEW MICROBES are scary, as the world's last real predators of human beings. As one of the DVD extras on The Invasion informs, if all the world's microbes were weighed together, they would be heavier than any other species. Whatever the
        388 words
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        Lock icon Witty script marred by contrived ending
        454 31  -  PARVATHI NAYAR PETER Hedges' Dan in Real Life keeps it real, which makes the romantic family comedy a surprisingly pleasant and undemanding excursion to the movies. Dan (Steve Carell) is a widower with three telegenic cuties as daughters, one of whom informs him that
        REUTERS  -  454 words
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        Lock icon An example of good text as bad cinema
        496 31  -  PARVATHI NAYAR NOBEL Laureate Gabriel Garcia Marquez's Love in the Time of Cholera (1985) is considered one of the Great Novels of our time. The master of magic realism created a literary masterpiece that was fantastical yet philosophic, a meditation on love
        AP  -  496 words
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        Lock icon Year of the man – who does a woman well
        484 31  - Year of the man who does a woman well BEN MUNROE CD REVIEW Rufus Does Judy at Carnegie Hall Rufus Wainwright Geffen/Universal Rating: A IF 2007 was the year of the famous woman Winehouse and 2008 might be the year of an even more famous woman in the White House,
        484 words
    • ARTS/MUSIC
      • Article, Illustration
        Lock icon Becoming Sculpture City now
        1071 32 Massive public artworks are gradually appearing all over our Garden City, reports PARVATHI NAYAR SIZE, as they say, matters. Especially with sculptures in public areas that need to compete with skyscrapers and offer an artistic oasis in the urban sprawl. Two massive public sculptures recently unveiled
        1,071 words
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        Lock icon Contrasting acts hit town again
        765 32  -  CHRISTOPHER LIM TWO drastically different rock acts are throwing concerts here next week. Progressive rock band Dream Theater is returning after its Singapore debut last year, while veteran Australian performer Jimmy Barnes is here for the first time since way back in 1993. Dream Theater
        765 words
      • Article, Illustration
        Lock icon Updated cult musical is as brassy as ever
        710 32  -  GEOFFREY EU LOCAL audiences can't seem to get enough of Beauty World, the charmingly camp musical tale of a small-town girl who goes to a sleazy cabaret in search of her roots in *****-era Singapore. No matter what the critics say, it's
        710 words
      • artBEAT
        • Article, Illustration
          Lock icon Father and son
          319 32 "IT is an absolute pleasure to be acting in a piece written by my father," says London actor James Cartwright, about the rather unusual casting coup. The famous play in question, which opens here next week, is The Rise and Fall of Little Voice, written by the
          319 words
        • Article
          Lock icon Retracing the past
          67 32 IN conjunction with the Asian Civilisations Museum's (ACM) current exhibition On The Nalanda Trail, Buddhism in India, China and South-east Asia, author Mishi Saran will give a talk titled Chasing the Monk's Shadow: A Journey in the Footsteps ofXuanzang. The talk is based on her book of
          67 words
        • Article
          Lock icon Fringe offerings
          179 32  -  PARVATHI NAYAR THE fourth version of the Ml Singapore Fringe Festival, presented by The Necessary Stage (TNS), returns with the theme Art and History. On show are over 20 exciting events, both free and ticketed, from 13 countries. Festival highlights include The Workers From Samsui, a photographic exhibition
          179 words
    • COVER STORY
      • Article, Illustration
        Lock icon Connecting party people
        1840 34 Social networking websites give the partying scene in Singapore a direct boost, reports CHRISTOPHER LIM T seems like almost everyone has a Facebook account these days, and both event organisers and partygoers have been using the social networking website to spread news and manage their online communities.
        1,840 words
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  • Page 31 Miscellaneous
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      310 31 CRYPTIC CROSSWORD 1 Final trading time to settle 6 Vehicle runs into pussy (4) BB —II II Pi II 10 Wise person following univ- I ersity's established practice mm BB mm hh hh 12 Terrible person, but a live BJ BJ BJ BV^BBBJ BJ BH 13 Student in the sun
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  • Page 34 Miscellaneous