The Business Times, 16 February 2008

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Microfilm: NL28832
Total Pages: 22
1 22 The Business Times
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  • Title Section
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    24 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents iS* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 THE BUSINESS TIMES weekend February 16-17, 2008
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  • Article, Illustration
    Lock icon Innovation – the budget buzzword
    796 1  - Innovation the budget buzzword ANNA TEO Spore aims to rise up competitive ladder with R&D push, education thrust By [SINGAPORE] Flush with a projected $6.4 billion surplus in FY2007, Singapore's latest Budget is set squarely on securing the country's place in the top league of global cities. For those seeking
    JACQUELINE PHUA  -  796 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      43 1 :rn lay lange 1COMP 1,427.19 -8.91 IIKKEI225 13,622.56 -3.89 1ANG SENG 24,148.43 +126.75 ;et index 826.65 -5.46 JAKARTA COM P 2,688.19 +12.55 IANILACOMP 3,182.85 -28.75 ;eoulcomp 1,694.77 -2.68 ;henzhen b 656.16 -4.89 IUMBAI IND 18,115.25 +348.62 11AM EDT 12,323.01 Change -53.97 )OW
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    • Article
      Lock icon PRIME RATES
      28 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONGKONG 5.75 INDONESIA 15.882 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 6.00 CANADA 5.75 SWITZERLAND 4.50 INDIA 12.50 Source:
      Bloomberg  -  28 words
    • Article
      Lock icon FOREX
      38 1 IS$ :s$ us$: 1.41 (US$/S$ ier£) 1.967 2.781 ;URO(US$/S$/E) 1.465 2.071 'EN 108.30 76.6I 3.222 2.27! IK$ 7.798 5.51 !AHT 32.55 23.02 1UPIAH 9,164 6,483 1ENMINBI 7.181 5.07! INDIAN RUPEE 39.64 28.0. 1.104 0.781 IZ$ 1.269 0.89I
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  • Page 1 Advertisements
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      3 1 8 *****1 *****4
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    • Advertisement
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      115 1 Strategically located at One Orchard Boulevard, Camden Medical Centre is just minutes from Gleneagles Hospital, Mount Elizabeth Hospital and luxury hotels such as The Regent Singapore and Four Seasons Hotel Singapore. Designed by Pritzker Prize Laureate Richard Meier whose works include the Getty Museum in Los Angeles, this 18-storey multi-specialist
      115 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      71 1 XI ***** ■.i.m.iAn.i.i.ujiWHiffiamMßßnHmffii J^.* -jJS^^ r FOOD RAFFLES MOTORING Lifting the culinary veil CONVERSATION ■±I >~~'>~^ n The seven-seater Editorial: Heart in place, Spore raises its game PAGE 3 Spore sharpens new edge in rivalry with HK PAGE 4 Don't bet on a deficit next year PAGE 5 Long-term solutions
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  • TOP STORIES
    • Article
      Lock icon DBS Q4 net profit slides 18%
      762 2  -  CHOW PENN NEE Full-year earnings flat at $2.28b from $2.27b a year ago By DBS Group Holdings beat analysts' expectations with a fourth-quarter net profit of $491 million despite further investment writedowns relating to collateralised debt obligations (CDOs). The net profit after one-time items
      762 words
    • Article
      Lock icon OCBC rejects bids for Straits Trading
      495 2  -  SIOW LI SEN It says its 6.2% stake is long-term investment not trading position By [SINGAPORE] OCBC Bank has rejected the respective takeover bids for The Straits Trading Company (STC) by the Lee family's Knowledge Two Investment and the Tan family's The Cairns. "The
      495 words
    • Article
      Lock icon Parkway's Novena bid poised to set govt land sales record
      483 2  -  ARTHUR SIM By [SINGAPORE] Hospital operator Parkway Holdings looks set to shatter all records for government land sales (GLS) with its $1.25 billion bid for a hospital site at Novena. Parkway's bid, which works out to be about $1,600 per
      483 words
  • Page 2 Advertisements
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      612 2 Budget 2008 How will this year's Budget affect you Jl9jU^U^|^^^^^^| and what is the likely impact on your business? Join our informative seminar where Deloitte's Tax partners and CIMB-GK Research's Regional Economist, Song Seng Wun, will share their insights on this Budget. DUOgCI £UUO The seminar will include: online registration
      612 words
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  • BUDGET 2008
    • Article
      Lock icon Heart in place, S'pore raises its game
      743 3 BT EDITORIAL DURING Budget presentations, the tax changes that businesses have been clamouring and waiting for usually come in the second half, after the customary 20-minute break. In his maiden Budget speech as Finance Minister, Tharman Shanmugaratnam inverted the traditional order. The tax
      743 words
    • Article, Illustration
      Lock icon GUESTS' COMMENTS
      239 3 Charles Cher, Asti Holdings CEO "The budget is fairly generous to the man-in-the-street. And I guess at the end of the day, the government is doing this to help the households counter the rising inflation and the difficult times ahead. I was actually hoping for some cut in
      239 words
    • BUDGET 2008: BUSINESSES
      • Article, Illustration
        Lock icon S'pore sharpens new edge in rivalry with Hong Kong
        953 4  -  OWI KEK HEAN COMMENTARY Battle could go beyond taxes to areas like innovation and pacts with other countries BOTH Hong Kong and Singapore have the advantage of proximity and to a certain extent, blood relationship to China. However, as close as
        953 words
      • Article, Illustration
        Lock icon Financial sector gets tax perks
        298 4  -  MATTHEW PHAN By TO strengthen Singapore's position as a financial centre, certain tax changes were announced. Islamic finance: To encourage more Syariah-com-pliant activity carried out of Singapore, the government will introduce a 5 per cent concessionary tax rate for income derived from qualifying Syariah-compliant activities.
        AP  -  298 words
      • Article
        Lock icon WHAT THEY SAY
        54 4 'The 2008 Budget could have been better if it had brought some form of relief to address the rising cost of doing business.' Singapore Chinese Chamber of Commerce Industry We are disappointed that Budget 2008 did not have adequate measures to help companies cope with rising business
        54 words
      • Article
        Lock icon Boost for stock options as a reward tool
        355 4  -  MICHELLE QUAH Larger companies among beneficiaries of new rules By THE use of stock options and share grants as an employee reward tool got a boost from the Budget yesterday, with the government lifting restrictions on their use. Larger companies will now
        355 words
      • Article
        Lock icon $7.5b target for Singapore research & development
        673 4  - $7.5b target for Singapore research development UMA SHANKARI R&D tax deductions upped from 100% to 150% in bid to woo private sector By SINGAPUKE will increase its overall research spending to $7.5 billion a year or 3 per cent of Gross Domestic Product by 2010, the government revealed yesterday. A
        673 words
      • Article
        Lock icon Shipping community signals thumbs-up to incentives
        322 4  -  VINCENT WEE By THE shipping community has welcomed the government's commitment to making Singapore a great place to live and do business, and expressed appreciation for the concessions granted under the Budget. At the Singapore Shipping Association's (SSA) Chinese New Year cocktail reception last
        322 words
    • BUDGET 2008: STRATEGY
      • Article, Illustration
        Lock icon Deficit next year? Just don't bet on it
        851 5  -  PRASENJIT X BASU COMMENTARY Wealth management gets a boost, but Tharman keeps his powder dry EVERY year at Budget time, Singapore's Finance Minister, Tharman Shanmugaratnam, faces a task that must make him the envy of his peers in the rest of the
        851 words
      • Article, Illustration
        Lock icon Five-pronged strategy to fight inflation
        648 5  -  RONNIE LIM A key problem is imported inflation, especially of food and oil By SINGAPORE will adopt a five-prong strategy to tackle inflation which is expected to stay high at 4.5--5.5 per cent this year, more so especially in the first half, said Finance Minister
        BLOOMBERG  -  648 words
      • Article, Illustration
        Lock icon Helping the needy needs long-term solutions
        790 5  -  TAN KHEE GIAP COMMENTARY F ROM 1998-2003, the Singapore economy experienced much volatility, averaging GDP growth of a dismal 2.9 per cent per annum far below our estimated potential output growth of 5.5 per cent. However, thereafter, Singapore staged a spectacular recovery. From 2004-2007,
        790 words
      • Article, Illustration
        Lock icon GUEST COMMENT
        84 5 SC Global chairman and CEO Simon Cheong 'The removal of estate duty clearly shows this Government is steadfast and determined to make Singapore a global wealth management centre attracting the high net worth community. Investment in transport and infrastructure to the tune of $50 billion to what is
        84 words
      • Article
        Lock icon Some govt units moving out to free up city space
        445 5  -  KALPANA RASHIWALA 20,000 sq m or more will be available to private sector By THE government has decided to relocate several agencies out of the Central Area to free up space of 20,000 square metres or more by first quarter
        445 words
    • BUDGET 2008: ESTATE DUTY
      • Article, Illustration
        Lock icon A plus for wealth management sector
        619 6  -  GENEVIEVE CUA COMMENTARY Removal of estate duty enhances Singapore's appeal as wealth management centre THE scrapping of the estate or death duty comes as no surprise. It is yet one more flourish in a series of moves designed to boost Singapore's attractiveness as a
        619 words
      • Article, Illustration
        Lock icon Analysts hail scrapping of estate duty
        650 6  -  CONRAD TAN Move will boost Spores economic competitiveness By ESTATE duty is finally dead. Tax consultants and financial advisers yesterday hailed the scrapping of the tax denounced as "death duty" by its opponents saying that the move would boost the wealth management industry and
        ARTHUR LEE  -  650 words
      • Article, Illustration
        Lock icon GUEST COMMENT
        236 6 David Lawrence, Wheelock Properties (Singapore) MD and CEO 'I'm pleased the government has gone down the route of helping lower-income Singaporeans. In a lot of countries, there's a widening gap between the wealthy/middle classes and the lower-income people. This causes a lot of social problems. I'm pleased Singapore
        236 words
      • Article
        Lock icon WHAT THEY SAY
        157 6 'The removal of estate duty will strengthen Singapore's position as a financial centre for affluent individuals. The other tax refinements announced, including the extension and enhancement of the Financial Sector Incentive scheme, will make Singapore more attractive as a place to do business.' Jonathan Larsen, country business
        157 words
    • BUDGET 2008: INDIVIDUALS
      • Article, Illustration
        Lock icon Great expectations . . . dashed for now
        862 7  - Great expectations dashed for now MICHELLE QUAH COMMENTARY One-off rebate can't make up for an income-tax cut, especially when inflation is expected to rise sharply THE collective groan of disappointment that greeted the government's announcement of no cuts in personal tax rates this year was just about matched by the
        862 words
      • Article, Illustration
        Lock icon More than a third of budget surplus goes to elderly, needy
        681 7  -  CHUANG PECK MING Govt will disburse $I.Bb in its surplus-sharing package By THE government will band out almost a third 28 per cent of its larger-than-expected budget surplus this year, with much of the money going to the old
        JOHN HENG  -  681 words
      • Article, Illustration
        Lock icon No personal tax cut, but individuals get 20% rebate
        574 7  -  MICHELLE QUAH By THE government is staying its hand on personal income tax rates in Singapore this year, despite there having been heightened expectations of a tax cut. This means the country's individual tax rates the top rate of which is
        Source: KPMG  -  574 words
      • Article
        Lock icon WHAT THEY SAY
        79 7 "In the battle for global talent, the Finance Minister decided to keep his powder dry in this Budget. Not reducing the top rate of tax from 20 per cent was a surprise but the income tax rates are still extremely competitive.' James Clemence, Partner, PwC International Assignment
        79 words
      • Article
        Lock icon Education spending up; 3 universities to get $1.9b
        657 7  -  CHEW XIANG By FINANCE Minister Tharman Shanmugaratnam yesterday announced significant extra spending on education in the Budget. Singapore's three universities will get a total of $1.9 billion, with operating subsidies, comprising the bulk of the total, increasing $225.5 million or 14.1 per
        657 words
    • BUDGET NUMBERS
      • Article, Illustration
        Lock icon Selected key performance indicators by ministry
        375 8 Q Residents on long-term social /O assistance as a proportion of the long-term unemployed 90% Proportion of elderly who are active (volunteering, grandparenting, exercising and continuous learning) 1.27% Total fertility rate 7 g Divorce rate per thousand married females 8.0 Divorce rate in FY
        Sarah Loyola, Jennifer Chua  -  375 words
    • BUDGET 2008: HEALTH & OTHERS
      • Article, Illustration
        Lock icon GUEST COMMENT
        231 9  -  Christophe Inglin Managing director. Phoenix Solar Firstly, congratulations on the Budget surplus a sign of a competent government! But we are disappointed by the lack of policy to promote the use of renewable energy technology in Singapore. It shows us that the government is treating renewable energy as
        231 words
      • Article
        Lock icon Govt to spend $1.9b on health care over 5 years
        393 9  -  LYNETTE KHOO It will upgrade hospitals, top up Medisave accounts, set up aid funds By THE government will spend $1.9 billion over the next five years to upgrade public hospitals and build a new hospital, as well as beef up
        393 words
      • Article, Illustration
        Lock icon Lack of green incentives disappoints
        499 9  -  MATTHEW PHAN By NOTABLY absent from the Budget 2008 was any mention of incentives to promote efficient energy use or renewable energies, an omission that left industry players disappointed. Given Singapore's stance on fighting climate change and the political momentum behind it such as huge
        JOHN HENG  -  499 words
      • Article
        Lock icon Sign on for CPF Life – and you get a bonus
        610 9  - Sign on for CPF Life and you get a bonus CHUANG PECK MING By THE government will give away $770 million over three years as special sign-on bonuses for the first five cohorts of the CPF Life plan and as carrots for older Singaporeans who are exempted from enrolling in
        610 words
      • Article
        Lock icon Road tax for clean diesel cars to be reduced from July 1
        718 9  -  SAMUEL EE By THE revised road tax for Euro IV diesel-engine passenger cars will only be attractive to those who travel long distances or who enjoy the powerful acceleration of such cars, say some motor distributors. In a
        718 words
  • Page 3 Advertisements
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      24 3 MPNANYANG <t£3^n\ TECHNOLOGICAL UNIVERSITY SCHOLARS TODAY *^^^^^^^W LEADERS TOMORROW LINDY HAN General Electric EnergyFinancial Management Programme NTU Alumna NTU Women's Soccer Team Alumna mWP
      24 words
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  • COMPANY NEWS
    • Article
      Lock icon DBS's core business income up 15% at $6.16b
      449 10  -  CHOW PENN NEE Net interest income for Q4 grows 14% tosl.o6b;netfee income grows 25% By WRITEDOWNS and charges aside, DBS saw 15 per cent growth in its core businesses of lending and fee income for the full year. Total income was $6.16
      449 words
    • Article
      Lock icon ComfortDelGro's full-year profit falls 8.8% to $223m
      445 10  -  SAMUEL EE By COMFORTDELGRO'S net profit for the full year ended Dec 31, 2007 slipped 8.8 per cent to $223 million, despite revenue growing 8 per cent to $3.02 billion on the strong performance of its overseas bus and taxi operations. The drop
      445 words
    • Article
      Lock icon At a glance
      64 10 Full year ended December 2007 year en DBSGrp 2,278.00 2,269.00 0.4 6,163.00 5,438.00 13.3 Venture Corp 300.03 239.17 25.4 3,872.82 3,124.85 23.9 ComfortDelGro 223.00 244.60 -8.8 2,980.80 2,761.80 7.9 HLFin 133.38 96.16 38.7 238.86 186.18 28.3 HwaHong 104.18 21.39 387.1 75.91 88.87 -14.6 SBS Transit 50.02 56.13
      64 words
    • Article
      Lock icon Chartered buys Hitachi Semicon for US$233m
      354 10  -  LYNETTE KHOO Deal expected to be neutral to Chartered's earnings in 2008 BY CHARTERED Semiconductor Manufacturing said yesterday that it has agreed to buy 100 per cent of Hitachi Semiconductor Singapore Pte Ltd (HNS) from Hitachi Ltd and Hitachi Asia for US$233 million in
      354 words
    • Article
      Lock icon Venture banks on continuing outsourcing trend
      420 10  -  OH BOON PING By CONTRACT manufacturer Venture Corporation says it is well-placed to ride on the outsourcing trend even in the face of economic uncertainty. Yesterday, the company also reported a 5.1 per cent dip in Q4 net profit to $74.3 million, even though
      420 words
    • COMPANY BRIEFS
      • Article
        Lock icon Temasek MD to rejoin ST Engg as its CFO
        59 10 ELEANA Tan Ai Ching, managing director (finance) of Temasek Holdings, is rejoining Singapore Technologies Engineering (ST Engg) as chief financial officer on March 1. Ms Tan is no stranger to ST Engg, having previously worked in various finance positions in the
        59 words
      • Article
        Lock icon MI-Reit posts $6.3m Q3 net property income
        58 10 MACARTHURCOOK Industrial Reit (MI-Reit) reported net property income of $6.3 million for the third quarter ended Dec 31, 2007, exceeding forecast by 6 per cent. This is largely due to contributions to rental income from completed acquisitions during the quarter. Distribution per unit
        58 words
      • Article
        Lock icon Select unlikely to meet 2007 expectations
        59 10 SELECT Group has warned that the group's performance will not meet expectations for the year ended Dec 31 2007. It said operations in China have continued to underperform and it expects to provide for impairment loss relating to its overseas properties. Select will announce
        59 words
    • Article
      Lock icon SIA picks Rolls-Royce engines for A380
      222 10  -  YEN SREENIVASAN Reports by SINGAPORE Airlines has selected the Rolls-Royce Trent 900 engine to power its nine additional Airbus A3BO-800 aircraft which it ordered two years ago. These planes are due to be delivered between 2010 and 2011. Delivery of SlA's first 10 Trent
      222 words
    • Article, Illustration
      Lock icon Rolls-Royce to flag Asian presence at S'pore Airshow
      411 10 POWER systems maker Rolls-Royce plans to use the Singapore Airshow, which is being held from Tuesday until Feb 24, to highlight its presence in Singapore and Asia. Rolls-Royce's Trent aero engines are used to power three of the Singapore Airlines aircraft types
      411 words
    • Article, Illustration
      Lock icon Banks, penny stocks gain from Wall St recovery
      565 10  -  R SIVANITHY STOCKS BOTH ends of the spectrum benefited from Wall Street's three consecutive days of gains from Monday to Wednesday banks at one end and penny stocks at the other. This two-tier trading extended for almost the entire week, with only
      565 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon The new white space of business
      2478 11 Ageing presents opportunities for business to invent the future, MlT's Age Lab director Joseph Coughlin tells SOME positive-minded "very optimistic" folk claim that 60 is the new 30, says Joseph Coughlin. "I hope so, because that would make me a teenager," the 46-year-old director
      JOHN HENG  -  2,478 words
    • Article
      Lock icon Raffles Hotels & Resorts
      101 11  - Raffles Hotels Resorts ANNA TEO Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the world's top hotel brands in the 2006 Conde Nast Traveler Business Travel Awards, Raffles Hotels Resorts is a collection of luxury hotels that distinguishes
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  • SINGAPORE NEWS
    • Article
      Lock icon Demand for mass market projects shifts into higher gear
      647 12  -  KALPANA RASHIWALA Developers not keen to release high-end projects in shaky market say analysts By DEVELOPERS' housing sales figures for January reflect a change in strategy to focus more on mass market projects. Despite the still lacklustre figures for overall developer
      647 words
    • SINGAPORE ROUNDUP
    • Article
      Lock icon Dec 2007 retail sales exceed forecast, rise 2.5% to $3.15b
      377 12  -  CHEW XIANG By RETAIL sales climbed 2.5 per cent to $3.15 billion in the December 2007 festive shopping season, the Singapore Department of Statistics said yesterday. Growth was helped by strong numbers from department stores, petrol service stations, and apparel,
      377 words
    • Article, Illustration
      Lock icon LION KINGS
      77 12 STORMTROOPERS and a Formula One race car are among some of the attractions set to wow audiences at tonight's Chingay Parade. It kicks off at Bpm in the City Hall/Marina Bay area, and revellers can stay on and dance the night away at the All-night Party, dubbed City
      JOHN HENG  -  77 words
    • Article
      Lock icon Malaysian F1 promoter launches roadshow here
      269 12 Fl race promoter Sepang International Circuit (SIC) launched its Fl roadshow in Singapore at Ngee Ann City yesterday. Celebrating the 10th edition of the Petronas Malaysian Grand Prix (PMGP), it is offering 10 "Thrilling Offers" for racing fans around the world. One of the
      269 words
    • Article, Illustration
      Lock icon ERP a traffic management tool: minister
      445 12  -  CHEN HUIFEN By THE projected $70 million increase in revenue due to the electronic road pricing (ERP) rate hikes will go into the government's consolidated fund, according to Transport Minister Raymond Lim. In response to a question in Parliament yesterday on how ERP revenues
      FILE PHOTO  -  445 words
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      558 12 IN THE MATTER OF THE IN THE MATTER OF THE COMPANIES ACT, CAP. 50 COMPANIES ACT, CAP. 50 AND AND IN THE MATTER OF IN THE MATTER OF JHC MARINE SERVICES PTE LTD INFRONT ASIA PTE. LTD. "^SatZ™ "NME^ Eu?d SatPo Ln U, NTARY ■^■^^^HH^H^H gSSd,?.^S.^ n,TX a O f
      558 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon UEM plans to simplify group structure
      513 13  -  PAULINE NG Exercise aimed at making property unit UEM Land more of a focal point in the group By in Kuala Lumpur MALAYSIAN conglomerate UEM Group has proposed a corporate restructuring exercise to ensure its property unit becomes more of a focal point in
      513 words
    • Article, Illustration
      Lock icon Indonesia's Q4 growth nears fastest pace in 10 yrs
      319 13 Bloomberg [JAKARTA] Indonesia, South-east Asia's biggest economy, expanded near the fastest pace in 10 years as declining borrowing costs encouraged companies to invest and spurred consumer spending. The US$364 biUion economy grew 6.25 per cent in the three months ended Dec
      Bloomberg; __j AFP  -  319 words
    • Article, Illustration
      Lock icon Malaysia sees 2008 budget deficit falling to 3.1% of GDP
      300 13 Reuters [KUALA LUMPUR] Malaysia is confident of meeting its target of shrinking its budget deficit to 3.1 per cent of GDP in 2008, the country's second finance minister said in an interview on state television yesterday. Malaysia is trying to
      Reuters; REUTERS  -  300 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7866 13 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.906/ Star Europe Bond 1.187/ Star Europe Bal 1.15/ Star Asian Tiger Eqty 1.469/ Star Asia Bond 1.231/ Star Asia Balanced 1.003/ Star Global Technology Fund!** 0.193/ Multi St Fd 0.907/ Star Asia Bond(USD) 0.866/ Gib Multi St USD
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China's ZTE denies bribery in Philippine broadband scandal
      431 14 -AP [MANILA] China's leading telecommunications company warned yesterday that a brewing corruption scandal linking it to an allegedly overpriced deal and kickbacks in the Philippines could affect economic cooperation between the two countries. ZTE Corp issued a statement denying allegations by witnesses
      -AP; AFP  -  431 words
    • Article
      Lock icon China's economy may grow around 10% in 2008: IMF
      407 14 Reuters Its MD says a faster pace of appreciation of yuan is needed to address economic challenges [BEIJING] China's economy is likely to grow around 10 per cent this year despite a global slowdown stemming from the US sub-prime mortgage crisis,
      Reuters  -  407 words
    • Article
      Lock icon HK tycoon cites family for Dow Jones case settlement
      153 14 -AFP [HONG KONG] Hong Kong tycoon David Li said that he reached a settlement with United States regulators over insider trading allegations during Rupert Murdoch's purchase of Dow Jones to protect his family and businesses. Mr Li, the chairman and chief
      -AFP  -  153 words
    • Article
      Lock icon SGX MAINBOARD
      8647 14 Transaction date: Feb 15 52-wks Tel )h Low Code Last Sale Vol ('000) Hil Day Last Quote |h Low Buyer Seller Div Gr Yld C'vr Net P/E M Cap $mil Hii Com[ i an; S716 1st Software i 28.S 11 S834 A-Sonic 107 98 6389 ABF SG Bond
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  • INDIA
    • Article, Illustration
      Lock icon Priority is curbing inflation: PM Singh
      657 15 Bloomberg Rising prices last year caused Congress party to lose power in three states [NEW DELHI] Indian Prime Minister Manmohan Singh said that inflation hurts the poor the most, indicating that controlling prices was the government's top priority. "There have been some impatient editorials
      – Bloomberg  -  657 words
    • SGX
      • Article
        Lock icon MOST ACTIVE STOCKS
        59 15 Centillion 80,082,000 LottVis 58,788,000 E3 Hlds 44,241,000 Ban Joo 39,559,000 Yan. |zi ian 36,933,00! Sin. iTel 30,867,000 MediaRin. 30,795,000 Oculus 29,121,000 MDR 27,799,000 China Hon jxin 26,991,000 Clob VALUE (S) iBS Gri 232,258,900 Sin. iTel 121,714,190 Con 107,633,150 SGX 105,402,945 UOB 100,357,060 litaLand 84,609,875 STX PO KW100
        59 words
      • Article
        Lock icon RISES
        105 15 CLOSE UP JMH 2888 124.4 3.1 DBS Gr| 1790 60.0 3. DBS MBUCW*****0 542 57.0 11.8 IS MSCI India 100 863 49.5 4.2 Jardine C&C 2090 40.0 2.0 UOB 1822 36.0 2.0 GuocoLand Ltd 449 29.0 6.9 SembMar 353 25.0 7.6 NOL 371 23.0 6.6 Shani riLa Asia 2245
        105 words
      • Article
        Lock icon FALLS
        119 15 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN China H 10US$ 1724 -22.6 -0.9 Tat Hon. 266 -21.0 -7.3 Asia Pac Brew 1336 -20.0 -1.5 S I A 1582 -18.0 -1.1 Delon 279 -16.0 -5.4 HSCE*****SGAePW***** 28.5 -15.5 -35.2 SGX 949 -14.0 -1.5
        119 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      77 15 Up Down Unch 12 5 1 Up Down Unch OOP Up Down Unch 12 5 1 Multi Ind Manufacturini 81 54 47 17 98 60 55 Commerce 34 14 25 11 29 itorV lomms Finance 20 20 Construction 11 16 Jroj Hotels/Rsts Services 31 18 20 12
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      122 15 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 33,162 33,162 149,065 149,065 Manufacturing 427,171 124,643 551,814 319,530 15,423 334,953 Commerce 139,235 ,708 146,943 105,159 1,322 106,481 >r/< 120,191 855 121,046 358,738 316 359,05) Finance 48,205 48, ,205 511,883 511,883 Construction 82,008 39,514 121,522
      122 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      32 15 Stock name Close Chani CapitaLand 6.320 +0.120 -apu »ev .orp irp lerv ipel .orp ipet irp Stock name Close Chani Olam 2.620 +0.070 :ngg >eml >mg ieverage 'angzijiang
      32 words
    • Article
      Lock icon BONDS & WARRANTS
      2623 15 BONDS WARRANTS Fel lode Coi Last Sale +orPrem Expiry Vol Conv Exer Disc Gear- Mths C000) Ratio Price ing Left >036 Advance SCT Ltd W*****9 5816 #Asiasons Capital Ltd W*****7 >878 Aztech Systems W*****6 5657 Biosensors DB ECW*****3 >259 China Life Ins BNP ECW*****1 S879 Capitaland BNP ECW*****2 5666 Capitaland
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    • Article
      Lock icon SGX CATALIST
      2300 15 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
      2,300 words
    • Article
      Lock icon SGX XTRANET
      82 15 52-Wk Tel High Low Code Last Sale Vol COOP) Day Last Quote ]h Low Buyer Seller Div GrYld Net MCap Cyr P/E $mil Coi Hi! 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 IS S&P5OO *****
      82 words
    • Article
      Lock icon CLOB INTERNATIONAL
      78 15 52-Wk Tel High Low Code Last Sale Vol COOP) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E Sinil Comi 'an: Hii 141 87.5 6000 AVJennings 21.5 5 6134 Over&Gen 60.5 19.5 6017 StarCruises 320 181 6019 TanChonglnt A89.5 A12 US26 HK240 -1 -0.5
      78 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Australia and US in open-skies pact
      540 16 -Reuters Qantas adds more flights as transpacific air routes open up [CANBERRA] Australia and the United States have agreed to open up transpacific air routes between the two countries, prompting Australia's Qantas Airways Ltd yesterday to immediately increase its flights. Australia's Transport Minister, Anthony
      -Reuters  -  540 words
    • Article
      Lock icon Citigroup funds may be in trouble: paper
      402 16 Reuters [NEW YORK] Citigroup Inc has barred investors in one of its hedge funds from withdrawing their money, and a new leveraged fund lost 52 per cent in its first three months, the Wall Street Journal reported yesterday. The largest US bank suspended
      ■ Reuters  -  402 words
    • Article
      Lock icon January's industrial production posts 0.1% rise
      392 16 Bloomberg LATEST US DATA [WASHINGTON] Industrial production in the US rose in January as unusually cold weather pushed up utility use, while output at factories was flat after two months of gains. Production at factories, mines and utilities increased 0.1 per cent for a
      Bloomberg  -  392 words
    • Article, Illustration
      Lock icon US on verge of recession: Greenspan
      371 16 Bloomberg [SAN FRANCISCO] Former Federal Reserve chairman Alan Greenspan said the US economy is on the verge of its first recession in six years as falling home values hurt consumer spending. "We are clearly on the edge," Mr Greenspan told a group of energy-industry
      Bloomberg  -  371 words
    • Article
      Lock icon BURSA MALAYSIA
      2291 16 VOL C000) :eb15 RM A&M Realty 0.75 \bric Bhd 0.23 Advance Synergy 0.18 Adventa Bhd 1.36 Ae Multi Hldgs 0.27 Affin Holdings 2.28 Ahmad Zaki Resou 1.55 Aic Corp 0.68 \irasia Bhd 1.62 Akn Technology 0.61 Alliance Financi 3.00 Aluminium Co 1.12 Amalgamated Ind 0.49 \mmb Hldgs Bhd
      2,291 words
  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      832 16 In the matter of In the Matter of The Companies Act, Cap. 50 The Companies Act Cap.so And and In the matter of In the Matter of YEO BROTHERS COMPANY THE PIANO MUSIC GALLERIA PTE LTD PRIVATE LIMITED (Registration No. *****1250Z) (Company No. *****0447 D) n Members' Voluntary Liquidation] (In
      832 words
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  • MOTORING
    • Article, Illustration
      Lock icon Big Benz
      568 17  -  SAMUEL EE The Mercedes-Benz GL4SO is the biggest seven-seater SUV on the road and it is intimidating, writes THINK "big Merc" and chances are, you'll be forming a mental image of an S-Class. But Mer-cedes-Benz actually has a range of much bigger models, especially those it makes in
      568 words
    • Article, Illustration
      Lock icon On a roll with Cannonball 8000
      582 17  -  CHRISTOPHER LIM By DRIVING simulators are a decent escape from reality, but if you really want to live out a movie fantasy, only something like the Cannonball Run will cut it. Fans of the eponymously named '80s movies who own supercars will get a
      582 words
    • Article, Illustration
      Lock icon Middle-of-the-road Mazda
      436 17  -  SAMUEL EE By THE Mazda6 has grown a lot bigger. But is it much better? The new-generation Mazda6 has grown all-round it is longer, wider and taller than before, with a pleasing design that is so smoothly styled it has a drag coefficient of just 0.27. Inside, there
      436 words
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  • GOLF
    • Article, Illustration
      Lock icon Golf on the upswing in India
      1321 18 It is now the fastest-growing sport in the country but it's still difficult to get sponsors for events, reports JUSTINE MOSS m HEN sport and M the Indian sub-continent are mentioned in the same breath, the first thought is that of cricket by far
      ASIAN TOUR/WORLD SPORT GROUP  -  1,321 words
  • Page 18 Advertisements
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      727 18 Wine&dine with weekendßT Mezeßar Steamed Pomfret in Special sauce an exotic start to Level 2, Fairmont Singapore. Tel: 6431 6156 For an alternative dining experience, come to Vibe 333 Orchard Road, Meritus Mandarin Singapore, your New Year- Set menus Price ran9e from S5BB to Savour authentic Pera nakan cuisine served
      727 words
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  • WELLNESS
    • Article, Illustration
      Lock icon It's yesterday once more
      482 19  -  Zheah Ui-Hoon Think exercise routines are only for elite athletes? Not with the wide variety of fitness programmes out there today, to cater to almost every whim and fancy. BT Weekend checks out some of the latest programmes that have come to town BodyVive True at
      482 words
    • Article, Illustration
      Lock icon Fighting cellulite the airless way
      591 19  -  Melissa Heng Verve Studio 39 Stamford Road, Stamford House #02-11. Tel: 6338 5928 www. vervestudio. com. sg IMAGINE being able to vacuum-wrap your fats away without having to go under the knife or subject yourself to months of sweat in the gym. In your dreams,
      591 words
    • Article, Illustration
      Lock icon Release that Bollywood dancing star in you
      376 19  -  Cheah Ui-Hoon Bollywood/Bhangra Apsara Asia. 2 Kampong Kapor Road *****4. Tel: 6298-0996 Singapore ARE you a fan of Bollywood movies? And do you harbour a secret wish to be able to dance in such abandonment and coordination? Apsara Asia is a new studio
      376 words
    • Article, Illustration
      Lock icon Durex opens online store for sexual props
      559 19  -  CHEAH UI-HOON By ALvvAYb wanted to check out an "adult" toy but have been a bit shy about browsing through the condom section or being caught in an adult store? Durex, the global leader in branded condom sales, has launched an online store,
      559 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      315 19 CRYPTIC CROSSWORD ACROSS oddly linked together HJ 6 Firm takes on man, well-spoken and persuasive HH j 9 Describing a foot in metres? 10 Drove off, disgusted (8) HHH^HI B^ WU II 11 Treat raw spillage seen in ture (6) 13 Wouldn't one get a good MCM grip of farming
      315 words
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  • SHOPPING
    • Article, Illustration
      Lock icon Going retro with period pieces
      1600 20  -  CHEAH UI-HOON The antiques market in Singapore now has become a lot more diverse, thanks to the property boom, discovers ANTIQUES, dating over 100 or 200 years old, are the latest "retro" in interior decoration these days, with new players in the market introducing period
      ANTIQUARO PHOTO BY JOHN HENG  -  1,600 words
    • Article, Illustration
      Lock icon Proof of growing affluence
      403 20  -  CHEAH UI-HOON By( PROOF Living might be one of the younger players in the retail furniture scene, being just under three years old, but its focused strategy seems to be paying off. It has started mono-brand showrooms for two of the top-end brands it distributes Poltrona
      403 words
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  • FOOD/TRAVEL
    • Article, Illustration
      Lock icon Cornering the market
      548 21 Tokyo's Tsukiji, the world's largest fish and seafood market, is the place to see Michelin stars, writes GEOFFREY EU AT 7.30 am, the Tokyo Metropolitan Central Wholesale Market better known as Tsukiji is a hive of activity, more so since it has just reopened after a February
      GEOFFREY EU  -  548 words
    • Article, Illustration
      Lock icon Some pretty fine wining and dining in Tokyo
      669 21  -  Geoffrey Eu Ristorante Hamasaki 4-11-13 Minami-Aoyama, Minato-ku. Tel: (03) 5772-8250 DINING at this elegant Italian restaurant, located in a charming residential neighbourhood, is akin to eating Italian at a fashionable place in Milan, except that the conversations around you are conducted in
      GEOFFREY EU  -  669 words
    • Article, Illustration
      Lock icon Munch your way to pastry heaven
      447 21  -  GEOFFREY EU By THEY don't give out Michelin stars to pastry chefs but if they did, Hidemi Sugino would undoubtedly be at the head of the queue. Sugino is the undisputed king among Japanese pastry chefs who create French-style pastries and chocolates, and he
      GEOFFREY EU  -  447 words
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  • Article, Illustration
    Lock icon Lifting Tokyo's culinary veil
    919 22 The first edition of the Michelin Guide to Tokyo was published late last year, helping to reveal to the world the wonders of Japanese cuisine, which has been somewhat shrouded in mystery. GEOFFREY EU reports THE popular notion that it is impossible to have a bad
    GEOFFREY EU  -  919 words
  • Article, Illustration
    Lock icon No Michelin star doesn't mean low quality
    700 22  -  JAIME EE By MUCH ol the hubbub over the Tokyo Michelin guide is that there are restaurants which have acquired stars, those that haven't, and the legion of local gourmets in between who pooh-pooh the guide as one in which stars are awarded
    700 words
  • Article, Illustration
    Lock icon Combining the best of French, Japanese cuisines
    607 22  -  JAIME EE By Twenty One Hilton Tokyo 6-2, Nishi-Shinjuku 6-chome, Shinjuku-ku, Tokyo 160-0023. Tel: (03)3344-5111. THE Michelin Guide must love Hilton Tokyo. Besides bestowing two stars on its in-house French restaurant Twenty One, the newly renovated hotel itself earned four "pavilions" the second
    607 words
  • Page 22 Miscellaneous