The Business Times, 19 February 2008

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Total Pages: 30
1 30 The Business Times
  • 26 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial .com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Tuesday, February 19,2008
    26 words
  • 533 1  -  MICHELLE QUAH Ball back in court of Lee family as Tecity fires its last shot By [SINGAPORE] Tecity, owned by the family of the late Tan Chin Tuan, has again upped its bid for Straits Trading Company (STC), in
    533 words
  • 906 1  -  CHOW PENN NEE Analysts divided on whether this will signal undercutting among the banks By [SINGAPORE] Maybankhas fired a salvo that could shake up the home loan market here by slashing its rates. This has led to speculation that banks might
    906 words
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  • Page 1 Miscellaneous
    • 45 1 NORTHERN ROCK ENTERPRISE SME SPOTLIGHT (E^L PROPERTY Nationalisation a big A new column on It's no child's play W^^M Amex signs up for Marina fi IK iH blowforUKgovt business-friendly ideas atRTRC L^^ Bay Financial Centre J^HI H PAGE 19 PAGE 13 PAGE 12 M PAGE3O
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 49 2 THE year got off to a good start on the trade front key non-oil domestic exports bounced back from a year-on-year 4.5 per cent decline in December 2007 to grow 2.8 per cent to $15.4 billion in January. TOP STORIES, PAGE 3
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      • 69 2 SHARES of Parkway Holdings took a beating yesterday as concerns emerged that the healthcare provider might have overpaid for a hospital site at Novena. Parkway's stock slid 30 cents, or 8.3 per cent to $3.30 yesterday following Friday's news that the
        69 words
      • 73 2 THE growth of luxury watch retailers has been known to be closely tied to economic growth, and a bellwether of consumer confidence. Despite fears of a US and global recession, time as captured by exquisite timepieces is still money, at least for luxury
        73 words
      • 59 2 INDONESIA'S Samko Timber, which last month was reported to have delayed its Singapore initial public offering, yesterday launched its IPO of 183 million new shares at 55 cents each to raise $100.65 million. The offer shares for a mainboard listing comprise 3 million public-offer shares
        59 words
      • 81 2 THE Ministry of Health has referred irregular financial transactions at Ren Ci Hospital and Medicare Centre to the Commercial Affairs Department. Such irregularities had first been uncovered by public accounting firm Ernst Young in November, in its general review of the corporate
        81 words
      • 57 2 THAILAND'S new government set out its economic priorities yesterday, promising village handouts, cheap loans and a debt moratorium for the poor as it revived the populist policies of ousted prime minister Thaksin Shinawatra. Multi-billion-dollar infrastructure projects were given lower billing in the policy agenda unveiled
        57 words
      • 63 2 AMERICAN Express International is the latest new tenant at Marina Bay Financial Centre, which means that slightly more than half of the total 2.9 million sq ft of offices in the entire development has been taken up. BT understands it will
        63 words
    • 648 2  -  UMA SHANKARI BUDGET 2008: Analysts see pay-offs only in the longer-term Estate duty abolition may also help banks and push up property prices By [SINGAPORE] It was a Budget that failed to excite the stock market very much, but analysts said
      648 words
    • 1174 2  -  POKSOYYOONG COMMENTARY By INCREASINGLY, the ability of a nation to create and harness knowledge, innovations, intellectual property ownership rights and the power of its human capital will define its competitive edge in the global economy. Without question, Singapore's Budget 2008 is
      MIEL/THESTRAITS TIMES  -  1,174 words
    • 459 3 Reuters Report says bank has approved deal worth USssom [SEOUL] South Korea's Hana Financial Group said it may buy shares in Merrill Lynch from Temasek, in a move which would raise Hana's global profile and spread Temasek's risks from overseas deals. No
      – Reuters  -  459 words
    • 544 3  -  CHUANG PECK MING January NODX numbers show 2.8% growth to reverse decline in December By [SINGAPORE] The year got off to a good start on the trade front key non-oil domestic exports bounced back from a year-on-year 4.5 per cent decline in December 2007
      : IE Spore  -  544 words
    • 295 3 Reuters But it has no plans to revise its existing bid for carrier [SINGAPORE] Singapore Airlines (SIA) said yesterday that its offer to buy a stake in China Eastern Airlines was still valid, but said it had no plans to revise its existing
      Reuters  -  295 words
    • MARKETS DIGEST
      • 43 3 lorn lay lange 1 COMP 1,412.83 -14.36 IIKKEI 225 13,635.40 +12.84 IANG SENG 23,759.25 -389.18 ;et index 824.99 -1.66 IAKARTA COMP 2,684.70 -3.49 1ANILA COMP 3,163.25 -19.60 ;eoulcomp 1,696.24 +1.47 ;henzhenb 665.45 +9.28 IUMBAI IND 18,048.05 -67.20 11AM EDT Change Closed IOW
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      • 29 3 Source: SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 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 Bloomberg
        Bloomberg  -  29 words
      • 36 3 IS$ (S$ per US$) 1.412 (USS/SS ier 1.952 2.755 ;URO(US$/S$/E) 1.467 2.070 'EN 108.00 76.50 3.221 2.282 m 7.801 5.526 !AHT 32.52 23.04 lUPIAH 9,157 6,487 lENMINBI 7.166 5.077 INDIAN RUPEE 39.70 28.13 1.096 0.776
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    • 546 2 neODle Clients wanted. (Only excellent companies need apply) www.thepeopleatwork.com Asia-Pacific Executive Search Swaps Work! Usage of swaps in different financial markets Dates Swaps are extensively used not just in traditional money and capital markets, foreign 27 —28 March 2008 exchange, equity or commodity but increasingly in trading "hidden assets" such
      546 words

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    • 246 3 IMNANYANG *Ac*r> TECHNOLOGICAL \ssp UNIVERSITY College of Engineering f!!;l 2* !!gr' ill i.LjA.Aji.ll Xt) *^hi i ij.* yJ j| jj^. MMtflSi AVI I I I progress with the world, creating innovative solutions for society, such as finding such as the Global Immersion Programme, I have the competitive edge to succeed
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  • SINGAPORE MARKETS
    • 605 4  -  R SIVANITHY STOCKS Banks continue to provide the main blue-chip play and impetus for ST Index LOCAL stocks kicked off the week yesterday by picking up where they left off last Friday the Straits Times Index (STI) tracked Hong Kong closely, banks provided
      : Bloomberg  -  605 words
    • 103 4 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch lulti Ind 3 9 3 0 0 0 3 9 3 lanufacturing 89 43 55 12 15 101 51 70 Commerce 36 16 19 40 23 23 "pt/Stor/Comms 12 16 10 14 17 11 ■inance
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    • 119 4 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 14,750 14,750 76,699 76,699 lanufacturing 469,608 46,267 515,875 385,825 6,500 392,325 Commerce 237,649 2,948 240,597 78,036 586 78,622 ■pt/Stor/Comms 92,015 1,042 93,057 237,417 389 237,806 :inance 38,303 58 38,361 335,743 10 335,752 Construction 75,850 136,817 212,667 25,018 7,629 32,648
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    • 103 4 lapitaLand 6.310 -0.010 :apitaMall 3.130 +0.010 jtyDev 12.120 -0.080 losco Corp 4.630 -0.020 IBS Grp 18.240 +0.340 :&N 4.940 -0.020 Sent Intl 0.630 -0.005 IK Land 4.320 -0.080 ISH 16.060 +0.040 lardine C&C 21.000 +0.100 leppel Corp 10.660 -0.060 leppel Land 6.200 -0.120 IOL 3.950 +0.240
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    • 330 4  -  UMA SHANKARI DBS Group Feb 18 close: 5518.24 Citigroup Research, Feb 15 OVERALL we view the result as positive: Management reported a creditable Q4 core profit of $558 million, including $291 million of collateralised debt obligation (CDO)-re-lated provisions. Management seems cautiously optimistic about growth opportunities and stresses that
      330 words
    • 301 4  -  KEN TAI CHEE MING, CHART POINT But possibility of further rebounds in the short term not ruled out LAST week, the Budget rally came as anticipated, lifting the Straits Times Index (STI) by 5.3 per cent compared to the week before. Although the Budget
      Bloomberg  -  301 words
    • 529 4  -  LARRY WEE CURRENCIES ANOTHER round of weak data on Friday punished the US dollar anew yesterday, forcing it down to a fresh post-depeg low of 7.1619 Chinese yuan and a fresh 11-year low of 551.4110. Down Under, the pull of higher
      Reuters  -  529 words
    • 4 4 DAILY
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    • 51 4 Feb 18 VALUE CLOSE 795.00+193.0 BT OB/OS BT CADI -*****.00 +89.0 BT 10-day MA -*****.00 +80.00 FTSE ST Mid Cap 801.24 +2.41 FTSE ST Small Cap 711.89 +9.41 FTSE ST All Share 799.11 +0.94 FTSE ST China 588.04+18.05 SIMSCI 378.98 -0.55 SIMSCI Futures 378.80 -1.00 PrimePartnersCI 193.13
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    • 53 4 VOLUME Diqiland 117,105,000 Sapphire 105,508,000 LottVis 53,121,000 Auston 45,279,000 China Honqxinq 44,331,000 Sunmoon 43,182,000 JiutianC 35,770,000 Synear 32,589,000 Yanqzijianq 30,572,000 JES 26,413,000 VALUE(S) DBS Grp 146,674,309 UOB 80,984,360 SGX 61,852,750 Sing Tel 51,911,240 Keppel Corp 50,839,877 Cosco Corp 49,088,060 Capita Land 46,191,220 STXPOKWIOO 44,504,370 Yanqzijianq 44,084,080 Straits
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    • 104 4 CLOSE UP GLD 10US$ 9080 98.8 0.8 JMH 2940 73.4 1.8 China H 10US$ 1775 72.0 3.0 Venture Con 1036 51.0 5.2 DBS Gri 1824 34.0 1.9 Swiber 260 28.0 12.1 Robinson 705 27.0 4.0 NOL 395 24.0 6.5 Deloni 302 23.0 8.2 DBS MBLiCW*****0 562 20.0 3.7 BY
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    • 116 4 BY CENTS CLOSE DOWN Parkwa' Hldgs 330 -30.0 -8.3 SIA 200 1574 -28.0 -1.7 UOB 1796 -26.0 -1.4 STI 3300SGAePW*****8 54.5 -24.0 -30.6 MOIL 212 -22.6 -7.0 >re Land 668 -17.0 -2.5 Dain 435 -16.9 -2.7 Haw Par Con 624 -16.0 -2.5 SGX 934 -15.0 -1.6 SGXMBLiCW*****0 375 -15.0
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    • 87 4 Feb 18 %CHNG CLOSE FRF* 15 YR 2008/07 S$ LOW S$ HIGH USS 1.4115 0.16 1.5479 1.4110® Euro 2.0660 0.42 2.1639 1.9913 Pounds 2.7536 0.89 3.1194 2.7855 AS 1.2856 -0.21 1.3555 1.1741 Yen* 1.3040 0.23 1.3821 1.2285 Rupiah* 0.***** 0.10 0.***** 0.***** Baht* 4.3391 0.19 4.5700
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  • COMPANY NEWS
    • 484 5  -  UMA SHANKARI Winning bid of $1,600 psf ppr for Novena hospital site is over twice the second highest offer By SHARES of Parkway Holdings took a beating yesterday as concerns emerged that the healthcare provider might have overpaid for a hospital site
      : Bloomberg  -  484 words
    • 515 5  -  CHEN HUIFEN By RAFFLES Medical Group (RMG) executive chairman Loo Choon Yong says he is "happy to lose" the tender for a hospital site at Novena, seeing the record bid of $1,600 psf per plot ratio (ppr) by Parkway Holdings makes the
      515 words
    • 656 5  -  MICHELLE QUAH THE much-anticipated bidding war for The Straits Trading Company is now in full swing, with Tecity upping the ante for the second time, in response to counter-offers from OCBC Bank's Lee family. But perhaps the phrase "bidding war" might be overstating
      656 words
    • 998 6  -  LYNETTE KHOO Fl, IRs expected to draw in high rollers and further spur demand for top-end timepieces By THE growth of luxury watch retailers has been known to be closely tied to economic growth, and a bellwether of consumer confidence. Despite worries about
      998 words
    • 251 6 2007 2006 2005 2007/2006 2007/2005 1 Hong Kong 201.2 170.1 186.2 +18.3 +8.0 2 USA 194.2 182.7 187.7 +6.3 +3.5 3 France 98.9 77.8 66.7 +27.0 +48.2 4 Japan 5 Italy 88.4 82.1 109.9 76.4 99.1 72.4 -19.5 -10.8 +7.4 +13.4 6
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    • 284 6 MEMBERS of the Hong Leong Group Singapore have banded together to support Singapore's bid for the inaugural Youth Olympic Games (YOG) and members of the public are the winners. The companies City Developments Ltd (CDL), Millennium Copthorne International Ltd (MCIL), Hong
      284 words
    • 529 6  -  MATTHEW PHAN Earnings of the 91 companies reporting so far up 22.8% By AS of yesterday, some 91 companies had reported their half-year results for the six months ended December 2007, recording a combined total of just over $1.2 billion in group profits,
      529 words
    • 80 6 year en >ec Raffles Med 35.86 15.71 128.2 168.66 134.25 25.6 Baker Tech 19.98 0.94 2032.3 50.73 62.57 -18.9 MAP Tech 12.99 5.30 145.2 211.98 113.13 87.4 Sing lnv& Fin 12.67 7.67 65.2 63.49 NatCqo|_ 3.82 3.36 13.8 114.20 50.06 73.19 26.8 56.0 Asiamedic 1.15 0.13 811.9
      80 words
    • 505 7  -  MATTHEW PHAN Share placement to help fund $13 million deal Reports by SHAREHOLDERS of GKE International yesterday voted to purchase Van der Horst Biodiesel (VDH Biodiesel), a jatropha-based biodiesel venture, for $13 million, financed partly by the placement of 120 million shares to
      SEAH KWANG PENG/LIANHE ZAOBAO  -  505 words
    • 514 7 GKE International, which will be renamed Van der Horst Energy following an EGM yesterday, plans to raise $300 million in equi-ty-type capital over the next year to finance its biodie-sel-related expansion plans, chief executive of Van der Horst Biodiesel (VDH Biodiesel),
      514 words
    • 603 7  -  CHEW XIANG Bid for remaining 53.46% stake in firm made through his vehicle Asia Pacific Links By DOCTOR-turned-investor Anthony Soh yesterday made a $117 million cash offer to acquire the remaining 53.46 per cent stake in Catalist-listed Jade Technologies at 22.5 cents a share, saying
      603 words
    • 440 8  -  ONG BOON KIAT By MEDIA group Singapore Press Holdings has launched an innovative online advertising platform allowing Internet users to view high quality video commercials that "float" over SPH websites. The platform is available on the online versions of The Straits Times, The Business
      440 words
    • 320 8  -  CHEW XIANG It is seeking to raise $100.65 m via 183 m shares at 55< each By INDONESIA'S Samko Timber, which last month was reported to have delayed its Singapore initial public offering, yesterday launched its IPO of 183 million new shares at 55 cents
      320 words
    • COMPANY BRIEFS
      • 85 8 SUNPOWER Group, a specialist in the design and manufacture of customised energy-saving and environmental protection products with heat transfer technologies in China, has clinched contracts with China Petroleum Chemical Corporation and Wuhuan Engineering Corporation to install special materials pressure vessels worth a total of
        85 words
      • 58 8 MEMSTAR Technology has announced contracts amounting to about 64 million yuan (5512.6 million) to supply and deliver submerged membrane modules to its clients in China and Indonesia for industrial and municipal wastewater treatment and recycling projects. The contracts are expected to contribute positively to group
        58 words
      • 87 8 BEST World International, which was to have announced its FY2007 results yesterday, said there will be a delay as a result of the bad weather conditions in China and Indonesia in the past few weeks. The company said it will need more time to
        87 words
      • 47 8 Reuters MACARTHURCOOK Industrial Reit said yesterday that its chief executive officer, Chris Calvert, has resigned. His last day will be March 14. Craig Dunstan, managing director and chief investment officer of the MacarthurCook Group, has been appointed acting chief executive officer.
        – Reuters  -  47 words
  • Page 5 Advertisements
    • 147 5 INFOCOMM SINGAPORE Infocomm Singapore Portal innovations in action your gateway to Singapore's vibrant infocomm industry —*.<;s& Singapore Portal i|| h&l Success stories and case studies. Singapore's mt II infocomm vendors and solution providers have 9 H a platform online to showcase successful Jp II solutions and case studies. Readers can
      147 words


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      463 words

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  • SINGAPORE NEWS
    • 316 9  -  MICHELLE QUAH MOH to continue subsidies to hospital for its patient care services By THE Ministry of Health (MOH) has referred irregular financial transactions at Ren Ci Hospital and Medicare Centre to the Commercial Affairs Department. Such irregularities had first been uncovered
      316 words
    • 213 9 Unsuccessful buyers urged to consider build-to-order flats THE Housing and Development Board received 9,900 applications for 278 flats offered in its February bi-monthly sale. Most of the units offered are four-room flats, plus 64 five-room units and 20 executive flats in 13 estates.
      213 words
    • 244 9 New sectors include hotels, transport and healthcare' SIX new sectors will be covered under the Workplace Safety and Health (WSH) Act from March 1, the WSH Advisory Committee said yesterday. The sectors are: hotels, food and beverage; transport; landscape care and
      244 words
    • 255 9 They join only 11 other lEEE fellows based in Spore TWO A*Star scientists Chen Zhining and Li Er Ping have been made fellows of the Institution of Engineers and Electrical Engineers (lEEE). Dr Chen is head of the radio frequency and optical research department
      255 words
    • 615 10  -  SAMUEL EE Private sector should take initiative on more CNG refuelling projects: minister 3y SMART Energy officially opened its sprawling Mandai Link CNG refuelling station yesterday and the government hopes that more such privately funded projects will be seen in future. Compressed
      615 words
    • 222 10 PUB has signed a memorandum of understanding (MOU) with two Japanese firms, Nitto Denko and Mitsubishi Rayon Engineering, to jointly develop membrane technology for water treatment. The parties will develop membrane bioreactor systems for treating municipal and industrial used water, and will explore
      222 words
    • 294 10 THE Central Provident Board said yesterday that it will continue to pay 2.5 per cent interest a year for members' CPF savings in their Ordinary Account (OA) from April 1 to June 30. The concessionary interest rate for HDB mortgage
      294 words
    • 207 10 MINISTER for Health Khaw Boon Wan officiated at the inaugural ceremony yesterday as Singapore General Hospital (SGH) launched its first integrated centre for lifestyle-related conditions. The Lifestyle Improvement Fitness Enhancement (LIFE) Centre is the first hospital-based centre here that integrates individually tailored programmes with
      207 words
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    • 201 10 F"""™"™"""^ p^ndKjmiKiim^ laaijiii^™ EEEaaaasa I Acquisition of Labroy Marine Disposal of substantially all Divestment of a 45% stake Leveraged buy-out of Amtek Ltd through voluntary of business and assets to Citi in 3 oil storage companies in Engineering Ltd conditional cash offer Venture Capital International Singapore, Amsterdam and Malta to
      201 words

  • SINGAPORE AIRSHOW 2008
    • 515 11  -  CONRAD RAJ Leadership summit hopes to forge alignment of interests: minister By THE aviation sector, like any other industry, can be successful only if its stakeholders share a common vision and commitment to work together, according to Transport Minister Raymond Lim. Speaking at the
      515 words
    • 480 11  -  VINCENT WEE By EVEN before the official opening of the maiden Singapore Airshow, several key announcements have already been made. Right off the bat, ST Engineering electronics unit ST Electronics yesterday announced it had been awarded a $52 million, 25-year maintenance contract by the Civil
      lOHN HENG  -  480 words
  • Page 11 Advertisements
    • 102 11 If you are facing any of the following: Slow network or Internet access in your office Concern over the confidentiality and integrity of your data Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks Uncertainty on security when transacting over Internet
      102 words

  • SMEspotlight
    • 536 12 Demand is up for certificates and diplomas for pre-school teachers, writes CHEW XIANG RTRC Asia, which provides training programmes for pre-school teachers, is in a uniquely enviable position. Demand for its certificates and diplomas, accredited by the Ministry of Education and the Ministry of
      I JOHN HENG  -  536 words
    • 296 12  -  TAN SEO YEAN By JTC CORPORATION has revamped its website to make it more user-friendly for the government agency's corporate customers. JTC said that all its e-services have been consolidated into its customer online portal, Krypton, thus providing a one-stop information centre for its interested
      296 words
    • 631 13 PRO-ENTERPRISE CHANGES This is the first of a new column that focuses on changes made by PEP based on feedback from businesses, reports OH BOON PING BUSINESSES may now find it easier to implement enterprising ideas, thanks to the ProEnterprise Panel (PEP), which is able to facilitate
      ARTHUR LEE  -  631 words
    • 306 13  -  OH BOON PING SMALL CAPS By ANALYSTS at JP Morgan have recommended its clients to be "overweight" on FerroChina and Hong Leong Asia (HLA) after a review of Singapore-listed small-capitalisation China stocks. In a report, the investment bank singled out the two stocks
      306 words
    • 377 13  -  TEH HOOI LING By SMALL caps staged a broadbased rebound in the past week or so. And as a result, our portfolio made a decent gain 2.4 per cent, versus a 0.2 per cent advance by the Straits Times Index (STI). Our portfolio would have
      377 words
  • Page 12 Advertisements
    • 451 12 Introducing Singapore's first Investment Warrants. Macquarie Investment Warrants* Macquarie, Singapore's largest warrant issuer, launches another innovation. Investment Warrants Indicative price Expiry date warrants give you the ability to buy shares in two instalments. With long expiry dates C apitalanMßLiCWBl23o $2.37 Dec 2008 dividend equivalent payouts and low holding costs, Investment
      451 words

  • Page 13 Advertisements
    • 105 13 ■seT I PTELTO SI It l[ J W V 1' -r APPLY FOR THE WORK-LIFE EXCELLENCE AWARD NOW. The Work Life Excellence Award recognises V employers who are successful in integrating Work-Life Strategy with their business goals. Such employers enhance their l**^ productivity while helping their employees fulfil their personal
      105 words

  • ECONOMY WATCH
    • 493 14 Reuters New govt promises village handouts, cheap loans, debt moratorium [BANGKOK] Thailand's new government set out its economic priorities yesterday, promising village handouts, cheap loans and a debt moratorium for the poor as it revived the populist policies of ousted prime minister Thaksin Shinawatra. Multi-billion-dollar
      Reuters; BLOOMBERG  -  493 words
    • 670 14 Reuters [NEW YORK] US government bonds and emerg-ing-market equities have benefited as investors have sought refuge from the housing and credit crises, but the surge in popularity of the two asset classes is inflating a dangerous bubble that is likely to burst. Last year, US
      – Reuters  -  670 words
    • 2270 14 :eb18 RM C000) ASM Realty 0.71 \bric Bhd 0.22 advance Synergy 0.17 Adventa Bhd 1.39 AeMuIti Hldgs 0.27 Win Holdings 2.22 Ahmad Zaki Resou 1.50 Aic Corp 0.67 \irasia Bhd 1.62 Akn Technology 0.61 alliance Financi 2.93 aluminium Co 1.10 Amalgamated Ind 0.47 Ammb Hldgs Bhd 3.76 Amtel
      2,270 words
  • Page 14 Advertisements
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      294 words

  • MALAYSIA/INDONESIA
    • 499 15  -  i PAULINE NG By in Mjaia Lumpur SHARES of UEM World fell 32 sen or 7.8 per cent to RM3.80 yesterday as investors digested a proposed restructuring exercise designed to unlock the value within its property unit. Analysts were generally positive on the
      499 words
    • 656 15  -  S JAYASANKARAN MALAYSIA INSIGHT IN 1998, Malaysian Prime Minister Mahathir Mohamad was called a heretic and worse because, among other things, he assailed the hedge funds, the International Monetary Fund (IMF), George Soros who called him a "menace to his own
      656 words
    • 472 15 Reuters It will raise funding from domestic bond market to cover shortfall [JAKARTA] Indonesia's finance ministry said yesterday it has raised its forecast for the 2008 budget deficit due to soaring fuel and food subsidies, and will increase its funding from the domestic
      ■ Reuters; REUTERS  -  472 words
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    • 212 15 ISPlsi 819 fm "^>ET Br iH flfl rfss^ 1 ■TV i" T\ i .jj I niflPO V^l Wasmngton, Singapore Tokyo Tokyo Singapore Morning Flight mj^ *^j^|ym *jygM^ Night Flight Flight No Dep Arr Flight No City Dep Arr Flight No City Dep Arr Flight No Dep Arr I NHB San
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  • GREATER CHINA
    • 370 16 Reuters Three-year high is expected to build up inflationary pressure [BEIJING] China's facto-ry-gate inflation jumped to a three-year high of 6.1 per cent in January, as transport disruptions caused by severe winter weather pushed up food and coal costs. The rise beat forecasts for a
      – Reuters; REUTERS  -  370 words
    • 277 16 Bloomberg [HONG KONG] Foreign direct investment in China more than doubled in January from a year earlier, adding to the flood of cash that threatens to overheat the world's fastest-growing major economy. Spending by overseas companies and individuals climbed 110 per cent to US$ll.2
      Bloomberg  -  277 words
    • 453 16 Reuters New licences for 3G services could follow, spelling windfall for gear vendors [HONG KONG] Speculation increased yesterday that Beijing was close to approving a long-awaited telecoms sector overhaul that will benefit fixed-line operators such as China Telecom, driving their shares higher. A
      ■ Reuters  -  453 words
    • 7860 16 UNIT TRUSTS FUNDS ABN AMRO Asset Mat (Spore) Star Europe Eqty!** 0.891/ Star Europe Bond 1.189/ Star Europe Bal 1.144/ Star Asian Tiger Eqty 1.475/ Star Asia Bond 1.22/ Star Asia Balanced 0.999/ Star Global Technology Fund!" 0.191/ Multi St Fd 0.907/ Star Asia Bond(USD 0.863/ Gib Multi St USD
      7,860 words

  • INDIA
    • 743 17 Reuters [HAJIPUR, India] The white envelope filled with ten 500 rupee (5517.75) notes was dispatched to the electricity board official as a "goodwill gesture". Soon it came back, with a message from a subordinate. The official was not playing ball at
      – Reuters  -  743 words
    • 496 17 AFP Govt will unveil a more transparent procurement policy by April: minister [NEW DELHI] India, which plans to purchase billions of dollars worth of military hardware in the next five years, will soon relax strict rules on arms imports, officials say. A new Defence
      AFP  -  496 words
    • 333 17 Reuters [MUMBAI] India's Reliance Power Ltd plans to issue bonus shares to all equity holders other than the founders, hoping to cheer retail investors after the firm's shares tumbled following a record US$3 billion IPO. Its board is scheduled to meet on Feb 24
      Reuters  -  333 words
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    • 14 17 ****************W/sBm\**W*Wm m^mvmsjj m* ..^1 IPHPB R^ Rmß PB HI m^_ m^l *m*—*a W********a*rr***j9 w£^_W_\__^_^_\_^^_\
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    • 222 17 With perfect lumbar, neck and back support,^^^' you can now experience complete holistic and all the benefits that come with it. B*^ Open Dally: 12pm to 9pm Watorbods Futons #01-15/16 The Furniture Mall Sofa Beds Spring Mattresses (The naza) 7500 D Beach Road Feather Down Pillows/Quilts Te 64 69-138 l
      222 words

  • ASIA-PACIFIC/WORLD
    • 525 18 Reuters Single format will help quicken market's shift to Blu-ray technology [SINGAPORE] Consumers will be the winners, through better quality home movies and lower prices, when Toshiba Corp finally calls time on its DVD technology, ending a long-running battle to set the format
      – Reuters; REUTERS  -  525 words
    • 252 18 ■AFP [BOCHUM, Germany] German investigators yesterday searched the homes and offices of suspects whose names appeared on a list of 700 people implicated in the country's biggest ever tax scandal, television news reported. N-24 rolling news channel said there were early morning raids in Germany's
      ■AFP  -  252 words
    • 337 18 -AP China afraid move will harm stability in Balkan region [BEIJING] The Chinese government expressed concern over Kosovo's declaration of independence Monday, underscoring Beijing's own unease about control over some of its territories. The Foreign Ministry also said that Kosovo's announcement could harm stability in
      -AP  -  337 words
    • 351 18 AP [ISLAMABAD] Pakistanis voted for a new Parliament yesterday in a key step towards democracy after eight years of military rule under President Pervez Musharraf, whose political future hung in the balance. But fear of militant attacks and apathy after a lacklustre campaign appeared
      AP; REUTERS  -  351 words
  • Page 18 Advertisements
    • 5 18 0/\\^- Hi vL iVwjMl!^^T^t<Aj3 W
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    • 108 18 I "ThaWuTldTopOfThaßoor I Highly symbolic value that I All Dzi stones possess the Mystic Power I of bringing Luck,Wealth&Peace.My Dzi Stones are 100%'Authentical. H *"^M A 1 •tatesttol/ectMn/ExtremcfypreooiHirare Bhk, !2Ey«D7is<oneImatf«piMe' •3 £/b r»mrit C £/h predMß 0z( Mollf MpelonsevlOriiiKltodoßoßleDeljii •ipcHenmomiemthaaUta H A V •IpcH/s/i/ydes/redDouWeHeorenomfEortft V witn two chatty lints ((nosttipHxt)
      108 words

  • WORLD
    • 620 19 NYT, Reuters, Bloomberg PM Brown defends decision but furious shareholders likely to take legal action [LONDON] The British government's decision on Sunday to bring Northern Rock, the struggling mortgage lender, under its control was the first nationalisation of a
      – NYT, Reuters,; Bloomberg; BLOOMBERG  -  620 words
    • 367 19 NYT, Reuters Return of 65m kg of beef from California abattoir sought [NEW YORK] The Department of Agriculture on Sunday ordered the largest recall of beef ever by far, calling for the return of 65 million kg of ground beef from a California
      – NYT, Reuters  -  367 words
    • 300 19 AFP, Bloomberg [LONDON] Borse Dubai could sell its 20 per cent stake in the London Stock Exchange (LSE) to Qatar, according to a report in The Times yesterday. The newspaper quoted Borse Dubai chairman Essa Kazim as saying: "If the Qatari government
      AFP, Bloomberg  -  300 words
  • Page 19 Advertisements
    • 51 19 m\**\^m **W^-^m*t Ifl I W _\\_\r J_\W Jw*r A-****9m**\ *_\*t*i j^MM^M*^rf^ Bm ■■^■shbw. •pH Ss_ iiv^f i«i -Mi** l^Pv. vuflSvfi'mm B^BdW.^^!>liliak. %m \ft*% ATI *_V '__*f^M" \-j-l -A L L 2 HK. '^ft^X. WF m^m* m^mm^. al mb^Tkl^i i B~WI i_H kgl Ibi %L 'v^immmB I' Ilk PHlrßWHffflTTrllPflri ESS v'i^i-
      51 words

  • AVIATION
    • 664 20  -  CONRAD RAJ SINGAPORE AIRSHOW 2008 Its head says Asia needs a change in mindset to face up to the challenges By [SINGAPORE] GIOVANNI Bisignani, the controversial head of the International Air Transport Association (lata), has once again called on Asia, with more
      _i AP  -  664 words
    • 332 20  -  VINCENT WEE By [SINGAPORE] Cooperation between Singapore and Europe in the aerospace sphere received a boost yesterday following the signing of several agreements and memorandums of understanding to cooperate on research and development as well as the safety oversight of
      332 words
    • 2415 20 AIRLINE CODES: AA: American Airlines (AAL), AF Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangla_ _;i Bhd (RBA), BO: Bouraq Airlines (BOU), BR: EVA Airways Corpn (EVA), CA: Air
      2,415 words
    • 304 20  -  VINCENT WEE Air power needed to counter security threats: minister By [SINGAPORE] Arms are high on the agenda on the sidelines of the Singapore Airshow, with two conferences taking place one on global air power and the other on defence procurement. At the opening
      304 words
    • 408 20 .-L-L V W *J *J W J_ V \^t.J. Bernama [SINGAPORE] Malaysia Airlines (MAS) is keen to undertake mergers and acquisitions (M&A) with carriers in the Asia-Pacific in the next five years as airlines in the region will likely face overcapacity due to huge
      .-L-L V W *J *J W J_ V \^t.J. – Bernama  -  408 words
    • 297 20 Bloomberg [SINGAPORE] The European Union aims to allow airlines to operate more flights to Asian countries after reaching a similar agreement with the US last year. The EU is in preliminary talks with nations including China and India that could
      Bloomberg  -  297 words
  • Page 20 Miscellaneous
    • 292 20 CRYPTIC CROSSWORD ACROSS 6 Comic opera lame render- I H WmM I IHH^^H ing, unfortunately (6,7) 8 Witness, most obese, losing _^J__^J__^J__^J___^H face (6) JH |H |B |H |H w/t H 9 Been a god? Unlikely biblical f] of exhaustion (3,3) experiment on pipe (4,4) I l' I I 14
      292 words

  • SHIPPING/AVIATION
    • 601 21 Bloomberg Top three Asia steel makers agree to 65% jump in annual iron ore prices [SINGAPORE] Dry-bulk shipping rates may extend gains for a fourth week, following an agreement by Asia's three largest steelmakers to a 65 per cent jump in
      Bloomberg  -  601 words
    • 339 21 [JAKARTA] Garuda Indonesia, the country's biggest carrier, will buy 10 Boeing 777-300ER planes valued at as much as US$2.B billion at list prices to resume services to Europe. The company expects the first plane to arrive in 2010, president director Emirsyah Satar said in
      339 words
    • 117 21 Reuters [SEOUL] South Korea's Hyundai Engineering Construction said yesterday that it has secured a 600.45 billion won (Ss9oo million) harbour development order from Singapore. The Maritime Port Authority of Singapore (MPA) has placed that order to develop the Pasir Panjang Terminal, Hyundai told the
      – Reuters  -  117 words
    • 225 21 AP [WELLINGTON, New Zealand] Ten Frenchmen from a racing yacht that capsized yesterday off New Zealand were winched to safety by helicopter and flown to dry land, rescue officials said. Three rescue helicopters winched the crew of the Groupama 111
      AP  -  225 words
  • Page 21 Advertisements
    • 235 21 BT/ZUJI Deals of the Week I BUSINESS CLASS (from ECONOMY CLASS (from I HOTEL (from Bangkok $489 $130 $33 Thai Airways Thai Airways DESTINATIONS BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER Madras I $1,598 (Jet Airways) $353 (Jet Airways) $29 Sunny Beijing $2,420 (Cathay Pacific) $543 (Cathay Pacific)
      235 words
    • 72 21 T■"■ ■iMtwHiii"'"■' '^^S1 Mri" What You Can See Depends on the Weather I I Zap this code now to view weather forecast details in selected cities in China. Zap to be a smarter traveller today. Code Number: *****01 A Zapping is easy. Just SMS "Zap" to ***** (*****401 for pre-paid
      72 words

  • EDITORIAL & OPINION
    • 501 22 THE Singapore government has lowered its growth forecast for the economy this year to 4-6 per cent, from an earlier estimate of 4.5-6.5 per cent on concerns about a possible recession in the United States. Prior to this, stock markets around the world had
      501 words
    • 1057 22 iPhones make their way to China somehow NYT And the booming business there is a blow to a business model that could be coming undone By DAVID BARBOZA FACTORIES in China churn out iPhones that are exported to the United States and Europe. Then thousands of them are smuggled right
      NYT; AFP  -  1,057 words
    • 746 22 THE BOTTOM LINE KOSOVO'S declaration of independence from Serbia presents an array of tough challenges for the European Union. The emergence of Europe's tiny, new, independent and largely Muslim nation has once again split the 27-nation bloc: Britain, France and Germany are joining
      746 words
    • 910 23  -  LEON HADAR Obama and Hillary both appear to be engaging in populist, protectionist rhetoric to secure the Democratic nomination AFTER close to eight years during which the relationship between the United States and much of the international community has been dominated by growing tensions over
      _II REUTERS  -  910 words
    • 856 23  -  PAUL SAMUELSON With today's financial epidemics, realists ought to temper their optimism with guarded caution AY your I children live I in interesting I times." That I was an ancient curse, not a cheerful wish. Wars and revolutions are exciting stories. Peaceful, prudent
      AP  -  856 words
    • 306 23 LETTER TO THE EDITOR WE refer to The Business Times report headlined "Volatile market may see FJB close 5 shops" (BT, Feb 15) and wish to clarify that it was misleading in several respects. First, during his meeting with journalists and
      306 words

  • Page 23 Advertisements
    • 527 23 In the matter of IN THE MATTER nc IN THE MATTER OF The Companies Act, Cap. 50 THE COMPANIES ACT, CAP 50 And THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF In the Matter of EVIMAX ENGINEERING PTE LTD VISLOG TECHNOLOGY PTE LTD and COmP°*****1«12O On N"' &a:rs3
      527 words

  • SINGAPORE STOCKS
    • 7063 24 Transaction date: Feb 18 52-wks Tel )h Low Code Last Sale Vol ('000) Hij Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E M Cap $mil Hij Com[ 1 an; 5716 1st Software 22 6.5 3148 STelecom 28.5 11 5834 A-Sonic 107 98 6389 ABF
      7,063 words
    • 83 24 52-Wk Tel h Low Code Last Sale Vol ('001 Day ih Low Last Quote Buyer Seller Div GrYld Net MCa| C'vr P/E $mi iii! Com i iii! 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500
      83 words
    • 2037 24 Hii Low Code Comi Sale COOP] Hii Low By Seller C'vr P/E Jmi 30 11.5 1181 s AAGrp 41.5 18 5000 sABRHIdgs 31 18.5 8538 s APStrategic 16.5 3 1501 s Advanced System 38 27 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5 7814 s Albedo
      2,037 words
    • 200 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
      200 words
  • Page 24 Advertisements
    • 39 24 ilv mJm~Ja.im.±\M\\J M. l\j\JLi m. FSePjK -*<^, if rJm Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. g£ M ill fexl? 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676. l^^^^^^B M Internet: Http://www.audemarspiguet.com II
      39 words

  • FINANCE & COMMODITIES
    • 374 25 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Feb15 World Index Preliminan 1015.9 -1.0 -10.2 -1.3 -11.5 -0.9 -9.: t EAFE Preliminan 985.0 -1.2 -12.1 -1.3 -12.8 -0.9 -11.1 Euroi Prel liminan 1346.3 -1.7 -12.8 -1.9 -14.2 -1.5 -12.1 Pacific
      374 words
    • 61 25 Feb 18 Delivery Month Opening Range Sett Av Price Price Hii Vol Open Done Position Low Mar 08 3513 3585 3587 3502 1063 6242 Apr 08 3506 3595 3597 3506 3031 ***** May 08 3508 3599 3600 3508 7594 ***** JunO8 3519 3594 3600 3509 2811 1202 Total
      61 words
    • 22 25 Feb 18 STI SIMSCI Feb 382 384 378.8 Taiwan Feb 309.2 313 309.7 Source: MF Global (S) Pte. Ltd
      22 words
    • 21 25 Feb 18 Bid Offer 1-month 1.4090 1.4096 2-months 1.4070 1.4076 3-months 1.4054 1.4061 6-months 1.4008 1.4017 Source: OCBC
      21 words
    • 161 25 IIMItKbAIMK. lUKKtraiT KAIt: Against SS Currencies Bid Offer J Feb 18 Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2877 1.2885 0.9124 0.9127 Canadian dollar 1.4032 1.4037 0.9942 0.9943 Euro 2.0701 2.0708 1.4668 1.4669 NZ dollar 1.1203 1.1210 0.7938 0.7941 Sterling md
      161 words
    • 351 25 Feb 18 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO8 JunO8 SepO8 DecO8 97.105 97.505 97.630 97.560 0 0 0 0 ***** ***** ***** 5698 EUROYEN FUTURES MarO8 99.155 99.155 JunO8 99.260 99.265 SepO8 99.350 99.350 DecO8 99.365 99.365 MarO9 JunO9 SepO9 DecO9 99.150 99.260 99.335
      351 words
    • 274 25 Feb 18 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Mar 08 Apr 08 May 08 JunO8 Jul/Sep 08 Oct/Dec 08 395.75 398.00 398.25 399.00 399.00 398.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      274 words
    • 132 25 As at 9am Feb 18 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2810 1.2960 Can dollar 1.3930 1.4100 Euro 2.0600 2.0840 NZ dollar 1.1110 1.1350 Sterlini 2.7500 2.7810 US dollar 1.4040 1.4200 Local dollars to 100 units of foreign currency:
      132 words
    • 164 25 Feb 18 Bid 3>:> tmer Overnight 1 1/8 1 -month 1 5/16 2-months 1 3/8 3-months 1 7/16 Overnight mode: 1 1/8 US$ Offer 1 1 3/16 1 1/4 1 5/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 3.13
      164 words
    • 467 25 Feb 18 AS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.918 6.539 0.622 7.118 36.228 83.558 0.986 8.623 2.939 1.149 57.605 37.086 1.288 6.953 1.000 28.962 29.672 0.468 0.913 Canada 1.090 7.125 0.678
      467 words
    • 134 25 Feb 18 /oz) Hong Kong London 907.00 902.50 908.00 903.50 Feb 14 Feb 15 911.10 908.00 912.00 908.90 Source: Reuters CAST BAR (S$) Feb 18 Buying Sellim Kilobar "44,052.97" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS Kinebar™
      134 words
    • 75 25 1 mth 3.***** 1.***** 2 mths 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2mths 1.***** 3 mths 1.***** Feb 18 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid
      75 words
    • 91 25 Feb 18 IKtASUKY bILLS Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****X 22.05.08 1-Year BY*****A 29.09.08 1.29 1.35 1.27 1.24 1.24 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F
      91 words
    • 70 25 Feb IS\ lumimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 2783.00 2770.50 3 months 2820.00 2806.00 Copper, Grade A (US$/tonne) Cash 3 months 7751.50 7730.00 7699.50 7680.00 Lead (US$/tonne) Cash 2979.00 3 months 2970.00 3023.80 3015.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • 77 25 Feb 15 COCOA (Btonne) Close Prev Hii ih/Low Mar 08 1287 1278 1309/1285 May 08 1312 1307 1335/1310 JulO8 1335 1330 1358/1335 SepO8 1330 1320 1352/1330 COFFEE (US$/tonne) Close Pev High/Low Mar 08 2336 2324 2417/2336 May 08 2358 2356 2450/2358 JulO8 2377 2373 2467/2381 SepO8 2383 2381 2475/2392
      77 words
    • 103 25 Feb IS\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Mar 08 1373.75 1368.00 1386.50 1358.00 May 08 1391.25 1385.50 1404.50 1376.50 Jul 08 1402.50 1394.75 1412.50 1386.50 Aug 08 1388.00 1382.00 1388.00 1372.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 08 58.57 58.16 58.76
      103 words
    • 76 25 CRUDE OIL PRODUCTS Feb 15 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 95.63 0.79 WTI (Near Mth) 95.49 0.02 Dubai (1-Mth F) 90.82 1.64 Tapis blend 100.85 1.4 Minas 96.7 1.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 96.22 111.70 2.65 1.6 US$/barrel Opec Oil
      76 words
    • 1887 25 BONDS WARRANTS Tel Code Com| Last Sale Vol Conv Exer +or- COOP) Ratio Price Prem Expiry Disc Gear- Mths ing Left >an; #ArianeCorpLtdW*****9 3816 #Asiasons Capital Ltd W*****7 2878 Aztech Systems W*****6 1.5 1 8 5.5 0.5 300 3 8 -1 254 1 5 1 6 1 51 6 1.46
      1,887 words
  • Page 25 Advertisements
    • 117 25 Turmoil in financial markets doesn't necessarily have to spell trouble for HrIWTH IL* MW 11 M your investments. Hedge with stock and index-tracking CFDs on SaxoTrader UdUUfl Preserve the value of your portfolio. Bf trade up to SaxoTrader and enjoy access to over 5,000 CFDs many of which allow you
      117 words

  • Page 26 Advertisements
    • 2769 26 tftlffflfrllElllnilwU^^ Mil WAN HAI INTERNATIONAL PTE LTD A #TV 'VTr'' WKSK^i^-mBmWW^^ImmMU I V"%Ti\ IAfALI 111 l I ILIPr TEL *****588 (14 LINES) FAX:*****163 A A^ ■2|| lifMiKllß BJgJBgBHBgHISaagBSTIW ■JMJffIWWBiCTiIWIWiIITiM I V\N I WAN HAI INtS Cusloinet Setvke/Booliing« Direcr line <IS00) *****200 h^^^dAHlftaaaalfl HRXißWietßirtMilillfiß blllbrf PKL TEL: {03| *****888 FAX: {03|
      2,769 words

  • Page 27 Advertisements
    • 3180 27 I v °Gl T/C .5> 111 WEEKLY EXPRESS SAILING SCHEDULE KHMiilß] l W^^f^\^T\S fT^^^S^!^T^\^\^ ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS bi^'tSiiiSii- N RHONEBORG PCLB247 27/02 28/02 SKIP 07/03 09/03 14/03 16/03 18/03 "ifsi Wm ma Itlb~ "onuiT ■WTffTaiiliTiTiKljMaieTTTi 7 fa^7"T^xr^^rv^ xJ^mmmmßrJ sima pride PCLB2S2 27/02 28/02 09/03
      3,180 words

  • Page 28 Advertisements
    • 3196 28 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SlNDest|nName Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name
      3,196 words

  • PROPERTY
    • 661 29 Reuters Global fund firm poised to make first direct investments in Asia property [HONG KONG] Global fund firm Invesco hopes to make its first direct investments in Asian property this year, with Chinese housing and Japanese offices at the top of its wish
      Reuters; BLOOMBERG  -  661 words
    • 767 29 Bloomberg [HONG KONG] The risk of Chinese real estate developers defaulting on their debt soared to a record on concern they will seek to sell securities after Country Garden Holdings Co completed its first convertible bond sale. Three-year credit-de-fault swaps on Country
      Bloomberg  -  767 words
    • 500 30  -  KALPANA RASHIWALA It is said to be taking 50,000 sq ft in Tower 2, in the project's Ist phase by AMERICAN Express International is the latest new tenant at Marina Bay Financial Centre (MBFC), which means that slightly more than half of
      500 words
    • 414 30  -  KALPANA RASHIWALA By IN A bellwether post-Budg-et property launch, Frasers Centrepoint and Far East Organization sold 20 units at the weekend at their Waterfront Waves condo fronting Bedok Reservoir. The project was officially launched at the weekend with the start of an advertising campaign.
      414 words
    • 388 30  -  ARTHUR SIM By MERCHANT Square, a four-storey office building off Merchant Road, is up for sale with a guide price of $73 million. With a total net lettable area (NLA) of about 50,262 square feet, the unit price works out to $1,450
      388 words
  • Page 29 Advertisements
    • 132 29 Good Investment Opportunity Merchant Square For Sale by Tender Jolt^o Net Lettable Area: approx 50.000 sf For further details. please call Charles Hoon or Bren Fang fc^ I 1 at 6224 8181 CB RICHARD ELLIS PRIME GOOD CLASS BUNGALOW LAND IN DISTRICT 10 o a Freehold, land area: 45,894 sq
      132 words
    • 171 29 >y Residential Zone Waldorf U^BIA I Plot Ratio 2.8 mg Mansions mrt Site Area: 1057.6 sqm Mb f^ ™c: '=reen°'c' IMquauty ruby .Jy I APProx 5 mins drive to CBD hotel plma T ower b rooca r 0 Walking distance to Novena i CLOSE OF TENDER: \W lICSHI ICSH 26
      171 words
    • 227 29 BUNGALOW LAND FOR SALE Bishopsgate 17,0005f Fourth Aye 27,0005f Belmont 22,0005f Oriole Cres IO,OOOsf ClunyPark 16,0005f CamdenPark 35,0005f Cornwall Garden 22,0005f Nassim 17,0005f Dalveyßoad 15,5005f Holland 16,0005f LAND FOR REDEVELOPMENT Astrid Hill 23,0005f Yarwood 16,0005f BinTong 27,411 sf Cable Road 36,0005f BtTunggal 17,0005f Chancery Lane 27,0005f Gallop Park 15,0005f ClunyPark
      227 words

  • Page 30 Advertisements
    • 230 30 I Grant Thornton Grant Thornton International and its member firms in We will continue to do what we do over 80 countries will adopt a new logo with effect from best. Providing service with integrity, 19 February 2008 to be instantly recognisable as part of the reliability and personal attention
      230 words