The Business Times, 21 February 2008
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2008-02-21
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The Business Times
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Title Section21 2008-02-21 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA(P) 122/12/2007 Thursday, February 21,200821 words
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837 2008-02-21 1 KALPANA RASHIWALA - KALPANA RASHIWALA Property players sketch the best and worst-case scenarios for private homes in 2008 By [SINGAPORE] Luxuryhome prices could fall by up to 20 per cent in 2008, assuming sub-prime woes don't end this year. But the mass market may hold its837 words
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Article, Illustration575 2008-02-21 1 LYNETTE KHOO - LYNETTE KHOO Singapore Corporate Awards honour the best in the business By [SINGAPORE] They reached out to their shareholders. They scaled high standards with their financial reporting, with no compromise on disclosure. And in their book, corporate governance was not just a snappy buzzwordARTHUR LEE - 575 words
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MARKETS DIGEST
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Article45 2008-02-21 1 I COMP 1,414.32 -11.17 MKKEI 225 13,310.37 -447.54 JANG SENG 23,590.58 -532.59 ;et INDEX 827.13 -8.49 JAKARTA COMP 2,689.26 -22.62 IANILACOMP 3,181.05 -9.62 ;eoulcomp 1,687.91 -32.61 ;henzhen B 657.33 -6.95 IUMBAI IND 17,617.60 -458.06 11AM EDT Change 12,259.06 -78.16 )OW IAS DAI 2,296.72 -9.4845 words
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Article29 2008-02-21 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.75 INDONESIA 15.653 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 6.00 CANADA 5.75 SWITZERLAND 4.30 INDIA 12.50 Source:Bloomberg - 29 words
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Article39 2008-02-21 1 IS$ (S$ ier US$) 1.41 (US$/S$ per 1.946 2.752 ;iJRO(LJS$/S$/E) 1.470 2.07: 'EN 107.60 76.1 3.225 2.281 IK$ 7.802 5.517 !AHT 32.46 22.95 lUPIAH 9,189 6,49! lENMINBI 7.154 5.05! INDIAN RUPEE 40.17 28.4I 1.092 0.772 IZ$ 1.257 0.88!39 words
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Page 1 Advertisements
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Advertisement125 2008-02-21 1 The Business Times supports SINGAPORE 2010 Be our guest tonight! The International Olympic Council will announce the host city of the 2010 Youth Olympic Games at 7pm today. If your company is one of the more than 700 which have emailed BT to support Singapore's bid, you are invited to125 words
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Page 1 Miscellaneous
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Miscellaneous59 2008-02-21 1 S'POREAIRSHOWI W& """> L.. .J^' ANALYSIS COE BizlT r s^ Airbus expects 30 fidE^W Hillary has one Passenger car Ml begins islandwide '*hi A3BO orders aJk I last chance premiums spike up network upgrade j/^RAGE 13 Jl I PAGE 20 PAGE 4 PAGE 23 -f SINGAPORE CORPORATE AWARDS 2008 Make59 words
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TOP STORIES
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Article, Illustration654 2008-02-21 2 SIOW LI SEN - SIOW LI SEN Cost no longer low as top execs cite region's potential to generate big bucks By [SINGAPORE] When it comes to hiring executives to run their businesses in the Asia-Pacific, many multinationals (MNCs) are left scratching their heads. The size ofFILE PHOTC - 654 words
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208 2008-02-21 2 [SINGAPORE] Three more countries have joined Singapore in ratifying the Asean Charter, which will make the regional grouping a more rules-based legal organisation. Asean secretarygeneral Surin Pitsuwan received the instruments of ratification from Laos and Malaysia yesterday in a special ceremony208 words
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THREE-MINUTE DIGEST
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85 2008-02-21 2 PASSENGER car certificate of entitlement premiums rose sharply yesterday amid a rush to buy new cars. Category A, for cars below 1,600 cc, rose $854 to $12,856. Cat B, for cars above 1,600 cc, surged $2,301 to $15,510. And Cat E, the open category,85 words
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82 2008-02-21 2 UOL Group, which yesterday posted a 124 per cent jump in full-year group net profit to $758.9 million on the back of $590.5 million fair value gain on investment properties, is planning to launch three freehold condos this year. They are the 100-unit Nassim82 words
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99 2008-02-21 2 SEEMINGLY undaunted by the global credit crunch, real estate fund and Reit manager ARA Asset Management is aiming to double its assets under management to more than $20 billion by 2011. "We have positioned ourselves to double what we have today99 words
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78 2008-02-21 2 FORMER CEO of Cambridge Real Estate Investment Management Chan Wang Kin has sold his 28 per cent stake in the company to Singapore-based Oxley Capital Group, headed by ex-CEO of Allco (Singapore) Michael Dwyer, manager of Allco Commercial real estate investment trust. CREIM78 words
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74 2008-02-21 2 IT'S not just relief from rising costs that businesses find wanting in the 2008 Budget. They could also do with help to tackle a growing manpower crunch, a Budget seminar heard yesterday. Panellists at PricewaterhouseCooper's seminar on the Singapore Budget cited the lack of74 words
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82 2008-02-21 2 THE International Monetary Fund expects global economic imbalances to narrow at a faster rate than previously forecast but countries must still do more to rebalance the world economy. "Global economic imbalances appear to have peaked in 2006-07 and are now projected to82 words
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86 2008-02-21 2 MALAYSIA'S biggest banking group, Maybank, has posted a 7.7 per cent rise in net profit to RM1.47 billion (***** million) for the half-year ended December, on the back of a 1.6 per cent increase in net income of RM4.4 billion. The moderate profit86 words
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91 2008-02-21 2 THE woes of one of Hong Kong's major property clans intensified yesterday as headlines across the city reported an apparent rift between members of the family behind Sun Hung Kai Properties and the alleged role played by a female friend of the91 words
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68 2008-02-21 2 CONSTRUCTION industry experts are seeking to play down the significance of the government's moves to ease the pressure on the industry's costs. The government is intending to defer an additional $1 billion worth of public-sector projects to help the industry68 words
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522 2008-02-21 4 SAMUEL EE - SAMUEL EE Cat A COEs rise $854 to $12,856; Cat B COEs surge $2,301 to $15,510 By [SINGAPORE] Passenger car certificate of entitlement (COE) premiums rose sharply yesterday amid a rush to buy new cars. "Sales are still healthy because buyers are aware that522 words
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Article, Illustration509 2008-02-21 4 LYNETTE KHOO - LYNETTE KHOO Focus on corporate governance; Spore updating Companies Act: Lim Hwee Hua By [SINGAPORE] Think of the huge fraudulent trading losses at Societe Generale. Or think of the sub-prime mortgage fallout. The recent crises that have rocked the financial sector have also broughtARTHUR LEE - 509 words
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Advertisement468 2008-02-21 2 THE MONETARY AUTHORITY OF SINGAPORE HHIGI^KBIM TENOR APPROXIMATELY 20 YEARS TOTAL AMOUNT OFFERED SGD 1,300,000,000 MINIMUM DENOMINATION SGD 1,000 MAS'INTENDED TENDER AMOUNT Nil (NON-COMPETITIVE) ISSUE CODE NZO7IOOS (Reopened) ISINCODE 5G7J*****174 ISSUE DATE/SETTLEMENT DATE 3 MARCH 2008 MATURITY DATE* 1 MARCH 2027 COUPON RATE 3.500% P.A. YIELD AND PRICE TO BE468 words
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Advertisement7 2008-02-21 2 jobs cars property shops ST it WWW.ST7OI.COMI7 words
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Advertisement9 2008-02-21 2 people HR's secret V\FOI"K weapon. www.thepeopleatwork.com Asia-Pacific Executive Search9 words
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Advertisement852 2008-02-21 4 February 21, 2008 NOTICE OF REDEMPTION TO THE HOLDERS OF NOTICE OF REDEMPTION Standard Chartered «JXS^ESXrt SCAllidlli:^ 1 (the "Company") Standard Chartered First Bank Korea Limited (i) g£2Si SSL'KJS class c Bonds Due 20°9 (ISIN Code: 5.750% Upper Tier II Subordinated Notes due 2013 534j l CUSIPNos. *****3AC6andY*****AF4 00 5583,000,000852 words
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Advertisement28 2008-02-21 4 Lianhe Zaobao I Share I price liil'il'iUbblil soars Analysts: I A few other I property Kelts may also he targets of acquisition CT £4 POST YOUR AD WWW.ST7OI.COM28 words
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COMPANY NEWS
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Article, Illustration631 2008-02-21 5 KALPANA RASHIWALA - KALPANA RASHIWALA Group to launch 3 freehold condos this year even as it sees cautious market By UOL Group, which yesterday posted a 124 per cent jump in group net profit to $758.9 million on the back of $590.5 million in fair value gainFILE PHOTO - 631 words
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Article, Illustration541 2008-02-21 6 UMA SHANKARI - UMA SHANKARI It seeks to expand geographically, and into new asset sectors to cross $20b By SEEMINGLY undaunted by the global credit crunch, real estate fund and Reit manager ARA Asset Management is aiming to double its assets under management to541 words
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379 2008-02-21 6 MATTHEW PHAN - Epure Int'l posts 81 jump in Q4 profit MATTHEW PHAN By CHINESE water-treatment specialist Epure International reported steady growth in top and bottom lines yesterday, with net profit soaring 81 per cent year on year to 46.98 million yuan (559.3 million) for the fourth quarter ended December 2007. For the379 words
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690 2008-02-21 6 ONG BOON KIAT - ONG BOON KIAT NO 27-year-old company is likely to have its future shaped in six months. But for Creative Technology, its coming two fiscal quarters could hold telling answers to its next steps. Under investor scrutiny will be the financial results of its current690 words
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420 2008-02-21 8 ARTHUR SIM - ARTHUR SIM Chan Wang Kin also gives up positions in company and Reit manager By FORMER CEO of Cambridge Real Estate Investment Management (CREIM) Chan Wang Kin has sold his 28 per cent stake in the company to Singapore-based Oxley Capital Group. Oxley420 words
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355 2008-02-21 8 Reuters [LONDON] Hotelier Millennium Copthorne has shrugged off suggestions that current global economic troubles would put off travellers, saying it was cautiously optimistic and had £1 billion (552.75 biUion) to spend on deals. M&C, which operates 112 upmarket hotels around the world, said yesterday thatReuters - 355 words
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Article148 2008-02-21 9 Full year ended Dec 2007 UOL 758.92 339.44 123.6 709.09 598.92 18.4 NatSteel 109.38 132.13 -17.2 345.57 319.79 8.1 Hotel Plaza 84.98 114.21 -25.6 290.16 287.26 1.0 Chip Eng Seng 50.35 14.72 242.1 JES 44.31 25.96 70.7 201.17 294.48 165.06 239.43 21.9 23.0 ARA Asset Mgt 34.01148 words
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309 2008-02-21 9 MATTHEW PHAN - MATTHEW PHAN Revenue grows 70 per cent to 463.5 m yuan for year ended Dec '07 By CONTINUED growth in China's water-treatment sector helped Asia Environment record 70 per cent year-on-year growth in revenue to 463.5 million yuan (5591.6 million) for the full year309 words
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235 2008-02-21 9 WEE JUN KAI - WEE JUN KAI By AFTER three consecutive quarters of net losses, healthy lifestyle products group OSIM International yesterday reported a net profit of $30.17 million for the fourth quarter ended Dec 31, 2007, up slightly from the previous corresponding235 words
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Article, Illustration125 2008-02-21 9 UNITED Overseas Bank's foreign currency business at Changi Airport Terminal 3 (T3) was officially launched yesterday amid a fanfare of drums and a lion dance, with the lions presenting scrolls depicting "prosperity, wealth, and a thriving business" to Philip Tan (left), Star Hub's125 words
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272 2008-02-21 9 [PETALING JAVA] Malaysia Smelting Corp Bhd (MSC) will have a new controlling shareholder if the late Tan Chin Tuan's family succeeds in wresting control of The Straits Trading Co MSC's parent company from the OCBC banking group's Lee family, The Star newspaper reported yesterday. The272 words
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Advertisement223 2008-02-21 5 r^T***! r<nV^ ft i'*\- ":i': Bill .'Wag n'llß EPS k|9 ;%3 The internationally renowned Seatrade Awards scheme, judged by a panel of industry leaders under the chairmanship of the IMO, has been the toast of London's maritime social calendar for the past 20 years, often dubbed "The Oscars of Shipping".223 words
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Advertisement117 2008-02-21 5 THE CHICAGO SPIRE SINGAPORE EXHIBITION BTH 9TH MARCH, FOUR SEASONS HOTEL, 190 ORCHARD BOULEVARD, SINGAPORE *****6 OPEN TO THE PUBLIC 10.00-19.00 The most significant development in the world. A Shelbourne Development. Investor package 7.5% Rental guarantee for 2 years post completion 1 V ii|g|k THE CHICAGO SPIRE i§LjH INSPIRED BY117 words
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Advertisement139 2008-02-21 6 ■I Bk^B k^ 1 UMS AEROSPACE READY jgj Nbs*. TO TAKE OFF f% Main board-listed UMS Holdings Limited today officially opens its new Aerospace components manufacturing facility in Changi North. Operated and wholly-owned by UMS Aerospace, this marks an important step in providing services in Aerospace M \^k precision machining139 words
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Advertisement61 2008-02-21 7 LVMH WATCH JEWELLERY ■HHJi^H ■■H MkM\wMM Dior iSTAGHeuer zenith AUA I^UP J S wiSS AVANT-GARDE SINCE 1860 SWISS WATCH MANUFACTURE SINCE IKS CONGRATULATES Mr. Tay Liam Wee, Chief Executive Officer of Sincere Watch Limited, on being awarded the Chief Executive Officer of the Year 2007 by the annual Singapore Corporate61 words
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Advertisement2239 2008-02-21 8 VOLUNTARY CONDITIONAL CASH OFFER By QOCBC Bank Oversea-Chinese Banking Corporation Limited (Company Registration No. *****0032W) (Incorporated in Singapore) for and on behalf of Asia Pacific Links Ltd (IBC *****3) (Incorporated in the British Virgin Islands) to acquire all the issued ordinary shares of Jade Technologies Holdings Ltd. (Company Registration No.2,239 words
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Advertisement950 2008-02-21 8 VOLUNTARY CONDITIONAL CASH OFFER by ©OCBC Bank Oversea-Chinese Banking Corporation Limited (Company Registration No. *****0032W) (Incorporated in Singapore) for and on behalf of Asia Pacific Links Ltd (IBC *****3) (Incorporated In the British Virgin Islands) to acquire all the issued shares of Jade Technologies Holdings Ltd. (Company Registration No. *****3839Z)950 words
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Page 9 Advertisements
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Advertisement199 2008-02-21 9 An Unconventional MBA ttt SMU For Unconventional Minds T A™T Want an MBA that focuses on the development of leaders? One for unconventional people seeking a different kind M of postgraduate education? Get it at SMU the university that transformed the business education landscape in Singapore. 4fc Mh 2Sttte tM^AM199 words
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SINGAPORE MARKETS
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Article, Illustration618 2008-02-21 10 R SIVANITHY - R SIVANITHY STOCKS Blue chips fall led by banks, Sing Tel and Venture after past week's rebound AFTER gaining 230 points or 8 per cent in a little over a week, the Straits Times Index (STI) yesterday collapsed, losing 71.23 points or: Bloomberg - 618 words
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Article93 2008-02-21 10 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 2 10 6 0 0 0 2 10 6 Manufacturing 36 120 45 22 40 142 54 Commerce 50 17 14 57 20 Tpt/Stor/Comms 25 27 Finance 16 16 Construction 15 21 Properties93 words
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Article108 2008-02-21 10 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 21,115 21,115 123,063 123,063 lanufacturing 382,408 45,300 427,708 420,206 7,197 427,403 Commerce 148,117 13,929 162,046 82,891 2,288 85,180 'pt/Stor/Comms 111,945 375 112,320 309,274 125 309,399 :inance 49,905 21 49,926 394,930 394,933 lonstruction 49,481 63,280 112,761 19,869 8,253 28,122 ■roperties108 words
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Article106 2008-02-21 10 lapitaLand 6.100 -0.200 lapitaMall 3.180 4-0.030 jtyDev 11.780 -0.140 Iosco Corp 4.270 -0.360 IBS Grp 17.900 -0.460 :&N 4.850 -0.050 ientlntl 0.620 -0.010 IK Land 4.200 -0.120 ISH 16.060 -0.320 lardine C&C 21.300 4-0.400 leppel Corp 10.380 -0.420 leppel Land 6.020 -0.130 IOL 3.470 -0.310 loble106 words
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Article, Illustration948 2008-02-21 10 UMA SHANKARI - UMA SHANKARI Bio-Treat Technology Feb 20 close: 550.65 ÜBS Investment Research, Feb 19 ONE-FOR-THREE rights issue: BioTreat has proposed a one-for-three rights issue at an issue price of 550.525. The aim of this Ssls6 million funding is to help retire Ss2o6 million worth of convertible bonds. The theoretical: Bloomberg - 948 words
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Article, Illustration514 2008-02-21 10 LARRY WEE - LARRY WEE CURRENCIES SHARP rises in commodity prices set the tone for financial markets yesterday, unsettling global bourses and reviving risk aversion fears on the currency side. Several Asian currencies as well as the popular high-yielders Down Under backtracked modestly yesterday, following overnight news: Reuters - 514 words
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Article50 2008-02-21 10 Feb 20 VALUE CLOSE 452.00-520.00 BT OB/OS BT CADI -*****.00-273.00 BT 10-day MA -*****.00+45.00 FTSE ST Mid Cap 794.65 -15.82 FTSE ST Small Cap 707.26 -14.56 FTSE ST All Share 787.31 -17.65 FTSE ST China 562.25 -34.14 SIMSCI 371.77 -8.76 SIMSCI Futures 370.80 -10.70 PrimePartnersCI 186.58 -10.5250 words
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Article56 2008-02-21 10 VOLUME Diqiland 61,024,000 Golden Agri 41,444,000 Sapphire 40,559,000 Synear 38,675,000 Yanqzijianq 33,973,000 China Honqxinq 31,603,000 Ferrochina 28,962,000 SinqTelMßl_eCWoBo6o3 23,289,000 Sing Tel 22,967,000 E3 Hlds 20,076,000 VALUE(S) DBS Grp 122,179,220 UOB 107,763,548 Keppel Corp 89,540,325 Sing Tel 88,064,530 Capita Land 80,341,550 SGX 73,682,680 Cosco Corp 71,821,280 OCBC Bk56 words
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Article105 2008-02-21 10 CLOSE UP GLD 10US$ 9120 141.4 1.1 Jardine C&C 2130 40.0 1.9 SPC 665 26.0 4.1 Cmdti 10US$ 383 17.0 3.2 Mao ie MP Reit 118 10.0 9.3 OCBCCai i.93%Pref10 ***** 10.0 0.1 STI 3450 DBePW*****2 97 10.0 11.5 lanMEReCW***** 33 9.5 40.4 STI3150DBePW*****3 32 9.5 42.2 RafflesEdu 269105 words
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Article123 2008-02-21 10 CLOSE DOWN JMH 2828-158.3 -3.8 China H 10US$ 1755 -63.6 -2.5 ISMSCI India 100 819 -59.4 -4.9 DBS Gri 1790 -46.0 -2.5 JSH 1606 -45.2 -2.0 UOBMBLiCW*****0 559 -45.0 -7.5 S I A 1564 -44.0 -2.7 Kei il Con 1038 -42.0 -3.9 Cosco Cori 427 -36.0 -7.8 Kej MBLJCW*****0123 words
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Article88 2008-02-21 10 Feb 20 CLOSE CHNG FR Feb 19 YR 2008/07 S$ LOW S$ HIGH USS 1.4142 -0.12 1.5479 1.4094® Euro 2.0813 -0.09 2.1639 1.9913 Pounds 2.7544 -0.18 3.1194 2.7447® AS 1.2974 0.33 1.3555 1.1741 Yen* 1.3148 -0.02 1.3821 1.2285 Rupiah* 0.***** 0.21 0.***** 0.***** Baht* 4.3635 -0.4688 words
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SINGAPORE NEWS
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Article, Illustration483 2008-02-21 11 CHEN HUIFEN - CHEN HUIFEN New bill proposes harsher penalties for those who abuse mentally ill people By ANYONE convicted of cruel treatment to patients with mental disorders may have to face heavier penalties, under the proposed Mental Health (Care and Treatment) Bill. The billFILE PHOTO - 483 words
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SINGAPORE ROUNDUP
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Article74 2008-02-21 11 SENIOR Minister Goh Chok Tong will make a working visit to South Korea from Feb 20-23 to deliver a special keynote speech at the 2nd Asian Leadership Conference in Seoul. He will meet President-elect Lee Myung-bak and other politicians, as well as have a74 words
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Article73 2008-02-21 11 DESIGNSINGAPORE, the national agency for promotion and development of Singapore design, will showcase "Blueprint 2008", a collaboration between fashion and product designers, at the Singapore Fashion Festival from March 28 to April 6. The exhibition, consisting of over 10 original works, will be held in a specially designed73 words
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Article92 2008-02-21 11 MASTERCARD Worldwide has once again teamed up with the ESSEC Business School to offer the MasterCard-ESSEC Luxury Brand Management Executive Programme for the second year running. The French institution runs the world's only luxury brand management MBA programme which was previously taught only at their French campus. This92 words
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Article136 2008-02-21 11 THE Housing and Development Board (HDB) launched a $200 million, two-year fixed-rate note issue yesterday under its $7 billion medium-term note programme. The issue will have a coupon of 1.64 per cent per annum, payable semi-annual-ly in arrears, HDB said. The notes will be issued136 words
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256 2008-02-21 11 NANYANG Technological University has introduced five new direct honours degree programmes, to commence in the academic year 2008-09. The Double Degree in Accountancy and Business will take students three-and-a-half to four years to complete. Separately, these two programmes are completed within three years. The256 words
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Article, Illustration382 2008-02-21 12 Panelists cite lack of measures to cut business costs, tackle manpower crunch IT'S not just relief from rising costs that businesses find wanting in the 2008 Budget. They could also do with help to tackle a growing manpower crunch, a Budget seminar heard yesterday.382 words
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326 2008-02-21 12 CHEN HUIFEN - CHEN HUIFEN By GRANTS of about $41 million have been awarded to 61 research projects under the annual Biomedical Research Council (BMRC) grant call scheme. A hundred new jobs ranging from laboratory technicians to research assistants and research fellows are expected to be326 words
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Article, Illustration422 2008-02-21 12 WEE JUN KAI - WEE JUN KAI By REACH (Reaching Everyone for Active Citizenry Home), the government agency for engaging and connecting with citizens, yesterday launched its Junior REACH Ambassadors programme. For the programme, 70 youths from 14 participating schools, including Institutes of Technical Education, juniorSTANLEY CHEONG/THE STRAITS TIMES - 422 words
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439 2008-02-21 12 MATTHEW PHAN - MATTHEW PHAN Key business decisions for Asia-Pacific will be made here instead of NY HQ By GE ENERGY has established a decision-making centre in Singapore for its gas and wind turbine business in Asia-Pacific, executives told BT in an interview. Key decisions, such439 words
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Advertisement117 2008-02-21 11 ■IBiliiSinSn!™ 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 over117 words
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Advertisement165 2008-02-21 12 \^Ll^f^l^ SH "Hurry! PiflU^j If i W^fefeJWWtfptfW3l %^3^a W E/^Get Yours Now! 11 L^*XJJ t|^|UißUliliil V^ ZJu iS^BtX Jft and Gerald Ng as they show us how they take I.^*^ m^^^ Singapore Jl^ftll their night shots ft 1 ftfl ft 1 rV\lt 11/T/\f<f t^\rS Jr^.y A%y Z^^ O Beyond the165 words
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SINGAPORE AIRSHOW 2008
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466 2008-02-21 13 MATTHEW PHAN - MATTHEW PHAN By SINGAPORE Technologies Engineering yesterday announced newly-signed contracts worth a total of some $434 million, across the defence, marine and aerospace sectors. The two largest contracts were in the aerospace sector. The first is a $232 million deal to help maintain and466 words
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206 2008-02-21 13 YEN SREENIVASAN - YEN SREENIVASAN Reports by THE Civil Aviation Authority of Singapore (CAAS) and Thales yesterday signed a multimillion-dollar contract for the supply of a new air traffic control (ATC) system, LORADS 111 (Long Range Radar and Display Systems III). The contract valued at over206 words
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213 2008-02-21 13 ROLLS-ROYCE and SIA Engineering Company (SIAEQ have combined to offer extended maintenance capabilities to provide On-Wing Care services at Singapore Changi Airport, using SIAEC's extensive capabilities. A range of line maintenance support services, from boroscoping in which process lines are inspected internally to engine213 words
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Article, Illustration518 2008-02-21 13 It also expects to sell 100 more of its extra-widebodied A3SOXWBs this year By' AIRBUS says it expects to sell 30 of its huge new A3BO superjumbo aircraft this year, as well as 100 more of its extra-widebod-ied A3SOXWB planes, largely to emerging markets inJOHN HENG - 518 words
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Advertisement415 2008-02-21 13 KMll^fe SD©^SfelHte ©DSX2] CnjQQSDfetoi f^v* j" jjt -^p^r^^^^ 3^- *<^ .j****" "*V* J^ 1- Disbuto. ABN AMRO citibank ssuer g societe let's get it done HHGENERALE Hotline: 1800 226 2676 Hotline: 6333 9000 SGA Sockst6 G6n6ra e Acceptance N.v. Standard W Chartered OCBC Securities Hotline: 1800 789 7000 Hotline: 6538415 words
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SINGAPORE INTERNATIONAL
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Article582 2008-02-21 14 The growing number of expatriates in rapidly developing western China is fuelling demand for schooling, reports CHUANG PECK MING FOREIGN investment flowing into western China is still a trickle at less than 5 per cent of the total pouring into the country as a whole.582 words
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Article, Illustration592 2008-02-21 14 CHUANG PECK MING - CHUANG PECK MING By IT SAYS much about the great potential of the region. Less than a year after it opened an education centre in western China, the Singapore-based Crestar Education Group is setting up another centre there. "The (current) centre592 words
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Article, Illustration652 2008-02-21 14 CHUANG PECK MING - CHUANG PECK MING BY ETONHOUSE is in an enviable position in western China. The Singapore education services provider is virtually the sole player in an open field of untapped opportunities. "Compared with Singapore, western China has unmet demand for quality educational652 words
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Advertisement173 2008-02-21 14 An initiative by IE Singapore Russia-Singapore Connecting CIS and Asia through Singapore RllCinocc Ff\P I 1 in .^k.> Singapore's leading business and networking platform for Russia Commonwealth of Independent States (CIS), PUblliebb rOrUm Singapore and Asian businessmen is back! 31 March 2 April 2008, Singapore The Russia-Singapore Business Forum (RSBF)173 words
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Advertisement47 2008-02-21 14 ~o* II SJ NAL THE BUSINESS TIMES SINGAPORE Singapore Singapore International a weekly industry-focused series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting overseas growth of Singapore-based enterprises and international trade. www.iesin9apore.com47 words
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ECONOMY WATCH
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Article, Illustration475 2008-02-21 15 Reuters [WASHINGTON] High agricultural commodity prices could help set the stage this year for a new world trade agreement after more than six years of talks, a top Bush administration official said on Tuesday. "It's a good time, not onlyReuters; AP - 475 words
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432 2008-02-21 15 Reuters But countries must still do more to rebalance the world economy, the group warns [WASHINGTON] The International Monetary Fund (IMF) expects global economic imbalances to narrow at a faster rate than previously forecast but countries must still do more to rebalance the– Reuters - 432 words
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572 2008-02-21 15 NYT Investors unswayed by rescue of bond insurance companies [NEW YORK] As municipal bond auctions continue to fail and to produce very odd interest rates when they succeed it is becoming clear that the auctionrate market is in crisis and chaos, and manyNYT - 572 words
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586 2008-02-21 15 ANTHONY ROWLEY - ANTHONY ROWLEY Dispute over choice may further roil Tokyo markets 3y in Tokyo JAPAN'S ruling Liberal Democratic Party (LDP) is expected to reveal its nominee for the job of governor of the Bank of Japan (BOJ) next week. And the586 words
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Advertisement58 2008-02-21 15 RSNANYANG TECHNOLOGICAL UNIVERSITY Wee Kirn Wee School of Communication and Information Master's Programmes by Coursework MSc in Information Studies MSc in Information Systems MSc in Knowledge Management i£::^- Master of Mass Communication Application is Now Open for August 2008 Intake Application website: www.ntu.edu.sg/GradStudies/Coursework+Programmes Closing Date: 29 February 2008 Bgji For58 words
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MALAYSIA/INDONESIA
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Article, Illustration474 2008-02-21 16 PAULINE NG - PAULINE NG Its Singapore operations see 52% rise in gross profit to $122 million By in Kuala Lumpur MALAYSIA'S biggest banking group, Maybank, has posted a 7.7 per cent rise in net profit to RM1.47 billion (***** million) for the half-year endedTHE STAR - 474 words
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491 2008-02-21 16 S JAYASANKARAN - S JAYASANKARAN MIC first among coalition parties to announce GE line-up By in Kuala Lumpur SPECULATION is rife over who will stand for election under the banner of the dominant United Malays National Organisation (Urnno) in Malaysia's impending general election (GE), as some491 words
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316 2008-02-21 16 – Xinhua - Xinhua [KUALA LUMPUR] Within the next three years, French retailer Carrefour expects to double the number of its Malaysian hypermarkets from 13 to 26, local media reported on yesterday. Carrefour Malaysia will invest an estimated RMI.2 billion (*****.1 million) over316 words
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Article, Illustration239 2008-02-21 16 -AFP [JAKARTA] Indonesia's anti-corruption watchdog grilled the governor of the central bank yesterday over suspicions he was involved in misappropriating some USsll million in bank funds. Burhannudin Abdullah and two other Bank Indonesia (BI) officials have been accused by the Corruption Eradication Commission-AFP; AFP - 239 words
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225 2008-02-21 16 Reuters [JAKARTA] Indonesia's second-largest mobile phone operator, PT Indosat Tbk, said yesterday it plans to raise as much as 1.5 trillion rupiah (Ss23o million) in bonds in the first half to finance its expansion. Indosat around 40 per cent owned by– Reuters - 225 words
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Article2269 2008-02-21 16 :eb20 RM ('000) Gadang Hldgs Gamuda Bhd .4.98 -0.17 1058! A&M Realty 0.68 AbricBhd 0.23 Advance Synergy 0.16 Adventa Bhd 1.32 AeMuIti Hldgs 0.27 Affin Holdings 2.19 Ahmad Zaki Resou 1.39 AicCorp 0.67 \irasia Bhd 1.60 Akn Technology 0.60 Alliance Financi 2.98 Aluminium Co 1.08 Amalgamated Ind 0.462,269 words
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Page 16 Advertisements
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Advertisement27 2008-02-21 16 siogg business SOCIAL NETWORKING "^^^Scn^Ws_i nternet's future Facebook o v r c i n g Blackßerry Security Web 2.0 dangers Want to know more? Find out www.asiaone.com/innovation27 words
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GREATER CHINA
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550 2008-02-21 17 JANE MOIR - JANE MOIR Chairman Walter Kwok takes sudden leave of absence from firm this week 3y in Hong Kong THE woes of one of Hong Kong's major property clans intensified yesterday as headlines across the city reported an apparent rift between members of550 words
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221 2008-02-21 17 Bloomberg BEIJING] China has ordered a recall of mackerel prodacts exported to Japan that allegedly contained pesticide, ;he country's quality regulator said. The Chinese government has ordered the exporter, oased in eastern China's Shandong province, to stop sellng the products and has started an– Bloomberg - 221 words
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291 2008-02-21 17 – Xinhua - Xinhua [MACAU] Macau's current gaming laws should be amended to strengthen the gambling regulations of relatives of casino employees, said Angela Leong On-Kit, a member of the Legislative Assembly of Macao Special Administrative Region (SAR) on Tuesday. Ms Leong made the remark when291 words
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Article, Illustration475 2008-02-21 17 Reuters Power sector could be worst hit by any drop in oil imports [BEIJING/SINGAPORE] China's move to raise fuel oil consumption tax is expected to further curb imports from Asia's largest buyer, dashing hopes that it could still provide an outlet toReuters; REUTERS - 475 words
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Page 17 Advertisements
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Advertisement255 2008-02-21 17 If you are in any of these situations: x~"^^^^^^^. You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch255 words
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INDIA
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Article, Illustration826 2008-02-21 18 Reuters, AP Skill shortage leads to pay of some soaring to match those in London, Tokyo [MUMBAI] Annual pay cheques of some fund managers in India have hit US$l million, levels seen normally in London and Tokyo, as asset management firms scramble for– Reuters, AP; REUTERS - 826 words
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626 2008-02-21 18 -AFP [BANGALORE] India used to be seen as the perfect offshore research and development hub for global firms seeking to tap its low-cost and supposedly vast engineering talent pool to devise products for world markets. Companies including Microsoft, IBM, Intel, AMD,-AFP - 626 words
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Page 18 Advertisements
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Advertisement356 2008-02-21 18 India Budget 2008 An overview and its impact on foreign investors Date The presentation of the Annual Budget by the Finance Minister of India Monday, 3 March 2008 on 29 February 2008 is a major event announcing important economic, fiscal and tax initiatives. Time KPMG and Singapore Indian Chamber of356 words
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ASIA-PACIFIC/WORLD
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Article493 2008-02-21 19 Reuters LATEST US DATA Core readings above market forecasts; more grim news on the property front [NEW YORK] US inflation accelerated in January in a worrying sign for the Federal Reserve's campaign to bolster the flagging economy, while a separate report yesterday showed more troubling signsReuters - 493 words
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492 2008-02-21 19 NEIL BEHRMANN - NEIL BEHRMANN 3y in London HEDGE funds are turning out not to be the market-de-fying magicians some touted themselves as. In January this year, two-thirds of the funds reporting to Barclays' database lost money and the market is losing confidence in492 words
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270 2008-02-21 19 Reuters [LONDON] Standard Chartered has withdrawn its two proposals to rescue a US$7 billion structured investment vehicle just a week after the SIV was forced into receivership, the bank said yesterday. But receiver Deloitte said that it was still seeking other solutions for theReuters - 270 words
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Article, Illustration586 2008-02-21 19 -Reuters Pakistani stocks edge to a life-high in early trade [ISLAMABAD] The party of Pakistan's assassinated former Prime Minister Benazir Bhutto yesterday began stitching together a coalition that could topple President Pervez Musharraf. The US welcomed the vote as "a step towards the full restoration-Reuters; Source: AFP - 586 words
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362 2008-02-21 19 -NYT [PARIS] New details about the actions of a former trader accused of making billions of dollars of unauthorised bets at the French bank Societe Generale showed that he exposed the bank to a significant trading loss in July, six months earlier than-NYT - 362 words
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Page 19 Advertisements
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Advertisement1287 2008-02-21 19 I SAVE TAX Our qualified professionals W/M~L can assist you with offshore 3 structures, shelf companies and incorporations in ALL jurisdictions including: British Virgin Islands I Cayman Islands I Bahamas Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore1,287 words
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WORLD
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521 2008-02-21 20 -NYT Joseph Brown says he may split firm into 2 to safeguard its triple-A rating [NEW YORK] Joseph W Brown got an inkling three weeks ago that retirement would have to wait. Former colleagues began calling to lament the tough-NYT - 521 words
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380 2008-02-21 20 -NYT ;NEW YORK] Microsoft has begun to make preparations to proceed with a proxy fight against Yahoo is it seeks to gain control of the Internet company, people briefed on the matter said on Tuesday. The aggressive tactic is part of the hard-nosed takeover-NYT - 380 words
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Article, Illustration65 2008-02-21 20 [BEVERLY HILLS, California] Maggie Ferrari (left), wife of Jelly Belly's owner, gasping in admiration on Tuesday as she unveils a portrait of Hollywood star and Academy Award nominee George Clooney, made in a mosaic of thousands of Jelly Belly candies by musician Roger Rocha. The portrait willAFP - 65 words
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516 2008-02-21 20 February y iVTT Firm hopes USssom deal will heat up its sluggish portfolio [NEW YORK] Is there room in the well-appointed house of Martha for another larg-er-than-life name brand? Martha Stewart and her new partner, the television chef Emeril Lagasse, areFebruary y iVTT - 516 words
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Article, Illustration608 2008-02-21 20 -AFPAP NYT, 'Reuters US ELECTION: ANALYSIS Last chance to save lacklustre candidacy after Wisconsin loss [NEW YORK] The loss of Hillary Clinton, US Democratic presidential candidate, to rival Barack Obama in the Wisconsin primary on Tuesday leaves her-AFPAP NYT, 'Reuters; Source: AFP - 608 words
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324 2008-02-21 20 Reuters 'Mutual recognition' would boost cooperation between regulators in financial crises [MELBOURNE] A landmark move by the US Securities and Exchange Commission (SEC) that would allow foreign financial institutions to operate under their home country's rules should not be derailed by the– Reuters - 324 words
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260 2008-02-21 20 Bloomberg [NEW YORK] Hewlett-Pack-ard posted a first-quarter profit that topped analysts' estimates after outselling rival Dell. The company raised annual profit targets. Net income rose 38 per cent to US$2.l3 billion, or 80 US cents a share, from US$l.55 billion, or 55 US– Bloomberg - 260 words
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AVIATION
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Article, Illustration450 2008-02-21 21 NISHA RAMCHANDANI - NISHA RAMCHANDANI It projects demand for 1,270 jets worth USs42b in the 30 to 120-seat segment By BRAZILIAN jet manufacturer Embraer is projecting a more upbeat forecast for the commercial air traffic demand in China and Asia-Pacific over the next 20 years, pegging annualJOHN HENG - 450 words
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Article2425 2008-02-21 21 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR2,425 words
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192 2008-02-21 21 NISHA RAMCHANDANI - NISHA RAMCHANDANI SINGAPORE AIRSHOW 2008 By ALTERNATIVE fuels for commercial aviation may not be quite here yet, but Boeing is working on some potentially less expensive and more environmentally friendly options. "Plants, with algae showing particular promise, could supply biofuel to satisfy192 words
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Article, Illustration77 2008-02-21 21 [SINGAPORE] Honeywell's aerospace division garnered US$9OO million in sales last year and it expects this to rise to US$l billion this year as airlines make their orders a record number of aircraft from manufacturers such as Boeing, Airbus and Bombardier. The US manufacturer has snaggedJOHN HENG - 77 words
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Article, Illustration462 2008-02-21 21 YEN SREENIVASAN - YEN SREENIVASAN By THE trend towards outsourcing of parts, components and maintenance in Asia is fuelling the strong growth of Copenha-gen-based aviation supply chain specialist Satair A/S. "Suppliers like us are growing much faster than the broader aviation market because of this trend in cost-cutting462 words
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Page 21 Miscellaneous
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Miscellaneous339 2008-02-21 21 CRYPTIC CROSSWORD ACROSS 1 A man going round the —i r= —i —m= nr —i r=—^_ 4 Professional educationist is XV HG __HJ_k |M|| |M| BJ investigated (6) BB_IH__B^_HBBBBm_HH__HH_B^ temperature falls on the doormat maybe (8) BB_BB_^H_HB_HB_BB__BB___BB /r\ i I Clly yo) round of necessity (10) H JM 13 Traveller339 words
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SHIPPING
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316 2008-02-21 22 -Bloomberg It plans to increase its fleet to 42 vessels by 2010 from 35 last year [MILAN] D'Amico International Shipping SA, the Italian oil transport specialist, may form new partnerships and is considering acquisitions, chairman Paolo d'Amico said. "We would consider the acquisition of-Bloomberg - 316 words
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143 2008-02-21 22 Reuters [SEOUL] South Korean regulators are looking into possible trading irregularities after a spike in securities borrowing last month and volatility in shipbuilding shares. A Financial Supervisory Service (FSS) official said on Tuesday the regulator was responding to media speculation that client notes issued by– Reuters - 143 words
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Article, Illustration286 2008-02-21 22 -AP [TOKYO] Japanese Coast Guard investigators questioned the crew of a navy destroyer yesterday, a day after it slammed into a small fishing boat that sank and left two men missing. The destroyer, Atago, equipped with the advanced missile defence Aegis radar system, hit-AP; REUTERS - 286 words
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Article285 2008-02-21 22 Reuters Oil tanker's toxic waste blamed for killing 16 people [AMSTERDAMIDutch prosecutors plan to file criminal charges against oil trading company Trafigura and the Amsterdam council over their roles in an oil tanker's toxic waste which was blamed for killing 16 people in Ivory Coast.Reuters - 285 words
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TRANSPORT STOCKS
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Article106 2008-02-21 22 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.64 0.35 4.27 0.90 2.37 1.11106 words
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Article36 2008-02-21 22 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.89 9.45 9.45 4.24 3.00 0.27 0.15 unch -0.05 -0.05 -0.14 unch 0.03 -0.02 18< 96! 15V 155( T 4: 2:36 words
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Article12 2008-02-21 22 '00 ■recious Ship Jegional Cont 27.50 24.90 -2.25 -1.10 37V 46'12 words
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Article33 2008-02-21 22 '000 Doil iingamas Cont ...43.60 2.26 -2.20 0.01 1336 3172 PHILIPPINES '000 :el)20 Peso +1Vol Aboitiz Equity ntl Container Keppel Marine Keppel Prop unch 31.50 unch unch unch 0.50 unch unch 914!33 words
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Article22 2008-02-21 22 Evergreen Marine ...24.45 :irst Steamship 63.00 /Van Hai Lines 25.30 fang Ming Marine...20.10 -1.70 -3.10 -0.40 -0.70 21 II 1 i:22 words
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Article37 2008-02-21 22 '000 'en !awasaki Hvy Ind ..240.00 -12.00 ***** !awasaki Kisen ....1073.00 -12.00 8468 /litsubishi Hvy 470.00 -18.00 ***** /litsui Eng&Sbldg...293.00 -15.00 ***** /litsuiOsk Lines ...1390.00 -64.00 ***** lippon Express 549.00 -28.00 5000 lipponYusen 969.00 -43.00 *****37 words
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Article7868 2008-02-21 22 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.909/ Star Europe Bond 1.185/ Star Europe Bal 1.153/ Star Asian Tiger Eqty 1.459/ Star Asia Bond 1.216/ Star Asia Balanced 0.988/ Star Global Technology Fund!** 0.188/ Multi St Fd 0.907/ Star Asia Bond(USD) 0.862/ Gib Multi St USD7,868 words
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BizIT
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Article, Illustration655 2008-02-21 23 Move will boost mobile data capacity and reduce operating costs, reports ONG BOON KIAT MOBILEONE (Ml) has begun an islandwide network upgrade to increase its backend network capacity, allowing it to cater for more uptake in the operator's mobile broadband services. The upgrade will also655 words
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Article, Illustration772 2008-02-21 23 AMIT ROY CHOUDHURY - AMIT ROY CHOUDHURY By THE Chloride Group, which provides solutions for uninterrupted power supply (UPS) for data centres and for other critical business applications, last week inaugurated its new Singapore office as part of its expansion drive in the region. The772 words
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Article, Illustration561 2008-02-21 23 WINSTON CHAI - WINSTON CHAI By WITH the launch of Windows Vista under its belt last year, Microsoft is shining the spotlight on a trio of enterprise products in 2008. And leading the charge is its first server operating system (OS) refresh in almost five years. After561 words
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467 2008-02-21 23 KENNETH JAMES - KENNETH JAMES By SMALL and medium-sized enterprises (SMEs) will have a place in the infocomm sun alongside the big boys when the National Infocomm Awards are passed out this October. The 2008 edition of the prestigious biennial awards will include a sub-category467 words
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Page 23 Advertisements
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Advertisement7 2008-02-21 23 Awarding innovators with the industry's highest accolade.7 words
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EDITORIAL & OPINION
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479 2008-02-21 24 IN the past, it was axiomatic to say that when the US economy sneezes, the world is bound to catch cold. From that perspective, electing the US president is equivalent to selecting the CEO of Global Economy, Inc. More recently, some pundits479 words
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Article, Illustration1302 2008-02-21 24 NYT The Poverty Action Lab at MIT has brought together the best of the new and the old By DAVID LEONHARDT IT was only a decade ago that economics seemed to be an old and tired discipline. The field no longer had intellectual giants likeNYT; AFP - 1,302 words
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Article, Illustration812 2008-02-21 24 ANTHONY ROWLEY - ANTHONY ROWLEY THE BOTTOM LINE RICH and varied though Japan's regions are, from the snowy expanses of Hokkaido in the north to the azure oceans of the south, it is the industrial heartland of Nagoya in central Japan that fascinates me. I812 words
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Article, Illustration1818 2008-02-21 25 SAID ABDULLAH - Islamic bands a safe haven? SAID ABDULLAH Sukuks represent a stake in a real asset or project, unlike conventional bonds that are pure debt By THE US sub-prime mortgage fiasco, which surfaced just about a year ago, has revealed US$l5O billion in losses at US securities firms and banks. TheBLOOMBERG - 1,818 words
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Article, Illustration842 2008-02-21 25 ROBERT SAMUELSON - ROBERT SAMUELSON He has run on the promise of change but has offered boilerplate policies that evade the underlying causes of the issues IT'S hard not to be dazzled by Barack Obama. At the 2004 Democratic convention, he visited Newsweek842 words
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365 2008-02-21 25 Lawrence Wong - Lawrence Wong LETTER TO THE EDITOR WE refer to the story, "Companies count the costs of a Catalist listing", (BT, Feb 20), and would like to draw attention to the incompleteness of the comparative fee table in the article. Under the table heading of365 words
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SINGAPORE STOCKS
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Article8541 2008-02-21 26 Transaction date: Feb 20 52-wks Tel )h Low Code Last Sale Vol ('000) Hii Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E MCap $mil Hii Com[ 1 an; 5716 1st Software 22 6.5 3148 STelecom 28.5 11 5834 A-Sonic 107 98 6389 ABF8,541 words
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Article81 2008-02-21 26 52-Wk Tel High Low Code Last Sale Vol COOP) Day Ih Low Last Quote Buyer Seller Div GrYld Net MCa| C'vr P/E $mi Comi _H|< 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** *****81 words
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Article2092 2008-02-21 26 52-Wk Tel High Low Code Last Sale Vol COOP] Day Last Quote Div GrYld Net MCaj Low Buyer Seller C'vr P/E $mi Comi Hii 30 11.5 1181 s AAGrp 41.5 18 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 3 1501 s Advanced System 38 272,092 words
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Article212 2008-02-21 26 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer212 words
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Page 26 Advertisements
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Advertisement30 2008-02-21 26 Sole Distributor 8 Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. g£ M Ik?^ M 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676. H Internet: Http://www.audemarspiguet.com30 words
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FINANCE & COMMODITIES
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363 2008-02-21 27 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Feb 19 World Index Preliminan 1032.8 0.6 -8.7 0.9 -9.9 0.8 -8.2 EAFE Preliminan 1003.7 0.6 -10.4 1.1 -10.9 1.0 -9.: Euro[ Preliminan 1379.8 0.4 -10.6 0.9 -12.0 0.8 -10.. Pacific 863.2363 words
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Article124 2008-02-21 27 A. s 9am Feb 20 )f foreign currency: Currencies Bid Offer lust dollar 1.2890 1.3040 ;an dollar 1.3810 1.3970 iuro 2.0670 2.0900 IZ dollar 1.1160 1.1410 jterlin mnd 2.7330 2.7630 JS dollar 1.4040 1.4190 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer Ihi124 words
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Article161 2008-02-21 27 Feb 20 fer Overnight 1 1/4 1-month 1 7/16 2-months 1 7/16 3-months 1 1/2 Overnight mode: 1.20 1 1/8 1 5/16 1 5/16 1 3/8 US$ Offer Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 3.15 3.18 3.15 3.14161 words
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Article21 2008-02-21 27 Febio STI ;iMSCI Feb 379.6 380.5 370.8 "aiwan Feb 312.2 313.6 316.4 Source: MF Global (S) Pte. Ltd21 words
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Article21 2008-02-21 27 Feb 20 Bid Offer 1-month 1.4113 1.4126 2-months 1.4094 1.4107 3-months 1.4079 1.4093 6-months 1.4028 1.4044 Source: OCBC21 words
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Article151 2008-02-21 27 "HTI lurrencies Bid Offer Bid Offer >$IUS$ to one unit of foreign currency: Australian dollar 1.2940 1.2956 0.9154 0.9158 Canadian dollar 1.3920 1.3939 0.9847 0.9853 iuro 2.0776 2.0793 1.4697 1.4698 IZ dollar 1.1240 1.1257 0.7951 0.7957 Sterlim 2.7503 2.7529 1.9456 1.9459 IS dollar 1.4136 1.4147 >$IUS$ to151 words
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Article350 2008-02-21 27 Feb 20 URODOLLAR FUTURES V1ar08 Iun08 Sep08 Jec08 97.065 97.400 97.510 97.425 0 0 0 0 ***** ***** ***** 6177 EUROYEN FUTURES V1ar08 99.155 99.155 Iun08 99.265 99.275 Sep08 99.330 99.355 Jec08 99.330 99.355 V1ar09 99.260 99.310 Iun09 99.245B Sep09 99.185B Jec09 99.115B 99.145 99.260 99.320A 99.310A350 words
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Article289 2008-02-21 27 Feb2o RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Mar 08 Apr 08 May 08 Jun 08 Jul/Sep 08 Oct/Dec 08 399.75 401.25 402.25 402.25 402.25 401.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open289 words
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Article103 2008-02-21 27 Feb 19 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar08 1398.50 1373.75 1410.00 1384.00 May08 1417.75 1391.25 1428.00 1401.50 Jul 08 1430.00 1402.50 1439.00 1414.50 Aug 08 1414.00 1388.00 1417.00 1403.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 08 60.21 58.57 69.35 59.62 May103 words
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Article76 2008-02-21 27 CRUDE OIL PRODUCTS Feb 19 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 96.64 1.71 WTI (Near Mth) 99.53 3.56 Dubai (1-Mth F) 92.05 1.48 Tapis blend 101.9 1.5 Minas 97.6 1.3 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 96.72 113.10 0.17 1.2 USS/barrel Opec Oil76 words
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Article453 2008-02-21 27 Feb 20 iuro ren Ion 'eso Earn 'ouni Australia 0.930 6.551 0.623 7.144 36.775 84.139 0.985 8.665 2.953 1.151 57.294 37.329 1.295 7.136 1.004 28.950 29.716 0.471 0.916 Canada 1.076 7.047 0.670 7.685 39.564 90.519 1.059 9.322 3.177 1.238 61.638 40.160 1.393 7.678 1.080 31.146 31.969 0.506453 words
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Article90 2008-02-21 27 Feb 2 o Period Issue code Maturity Yesterday's Bid Hii Day's [li Low 3-Month BQ*****X 22.05.08 1-Year BY*****A 29.09.08 1.31 1.35 1.27 1.27 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0F 2.625 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.75090 words
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Article74 2008-02-21 27 Feb 20 SWAP Offer rates (Ss) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** syrs 2.***** 7yrs 2.***** 10yrs 3.***** 12yrs 3.***** 15yrs 3.***** Source: Reuters74 words
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Article62 2008-02-21 27 Feb 20 Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Mar 08 3612 3623 3638 3609 494 3469 Apr 08 3610 3630 3655 3610 2116 ***** May 08 3615 3624 3657 3612 ***** ***** Jun 08 3610 3624 3650 3610 953 305262 words
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Article134 2008-02-21 27 febio /oz) Hong Kong London 909.00 922.00 910.00 923.00 Feb 18 Feb 19 903.00 927.50 903.80 928.40 Source: Reuters CAST BAR (S$) Feb 20 Buying Sellini Kilobar "44,976.38" ***** PAMP GOLD BARS (S$) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 oz UBS Kinebar™ 100.58134 words
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Article71 2008-02-21 27 Feb 19 minimum, 99.7 jrity (USS/tonne) Co Close Previous Cash 2835.80 2787.00 3 months 2872.00 2825.00 Copper, Grade A (USS/tonne) Cash 3 months 8273.00 8190.00 8014.00 7974.00 Lead (USS/tonne) Cash 3157.00 3 months 3145.00 3038.00 3030.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash71 words
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Article81 2008-02-21 27 Feb 19 Close Prev Hii ih/Low Mar 08 1269 1271 1296/1268 May 08 1295 1298 1322/1293 Jul 08 1319 1320 1344/1318 Sep 08 1319 1318 1344/1319 COFFEE (USS/tonne) Close Pev High/Low Mar 08 2360 2257 2375/2268 May 08 2394 2290 2409/2299 Jul 08 2411 2311 2423/2326 Sep 08 241381 words
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Article2102 2008-02-21 27 BONDS WARRANTS rei lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left !036AdvanceSCTLtd W*****9 12.5 -1 45 1 87 57 5.08 3( 1092 Asia Environment W*****4 22 4.5 1 1 38 10 2.48 1! 1657 Biosensors DB ECW*****3 25.5 -2 141 1 852,102 words
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Page 28 Advertisements
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Advertisement3557 2008-02-21 28 m The Business Times Uamm Shipping Times A ij_^V KPV Sffl 3jffl! 11 WAN HAl INTERNATIONAL PTE LTD cr NO: **********0/R W^~~Z E ■tMgHilMM^^ V-rTr\ Willi ■■>■ M F TEL*****588 (I4LINES) FAX:*****163 WM "^^^i T_^^^^H M^JM ■iKB&IX KMnmSOm I Y\\M N lA/AM HAI INpN <»*»_- Servi(e/Bookings Direct Line (1800) *****2003,557 words
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Page 29 Advertisements
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Advertisement3422 2008-02-21 29 <P G}^StcS' Ehl m^sim WEEKLY EXPRESS SAILING SCHEDULE 'f Tl P^^f'^^'^^^ ALSO ACCEP ING TO ALL NORTHERN AND WESTERN .CD POINTS N ktUrfHCtH > mmM mm RHONEBORG PCLB247 26/02 WO2 SKIP *****~ 07/03 13/03 15/03 17/03 S^ :gL- WV=afaMß^C/ B^KSLm NINTH OCEAN PCLB24S 08/03 09/03 17/03 21/03 22/03 27/03 29/033,422 words
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Page 30 Advertisements
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Advertisement4561 2008-02-21 30 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 SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n4,561 words
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PROPERTY
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Article, Illustration995 2008-02-21 31 Reuters Florida is the most popular state, accounting for 26% of all transactions [MIAMI] Canadian retiree Sheldon Kovensky felt the lure that attracts so many foreign buyers to sunny Florida these days falling prices for luxurious oceanfront condos that can be boughtReuters; AFP - 995 words
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240 2008-02-21 31 Bloomberg [LOS ANGELES] Commercial real estate prices in the United States dropped 1.5 per cent in December, the second consecutive monthly decline, indicating that the market is at the start of a slump, Moody's Investors Service Inc said. The 1.5 per centBloomberg - 240 words
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Article, Illustration385 2008-02-21 31 Reuters [HONG KONG] Indian fund manager Primary Real Estate Advisors is planning to launch a fund worth as much as US$5OO million, probably in the second half of this year, but said it will tread carefully as the country's property boom stutters. Foreign– Reuters; AFP - 385 words
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Article, Illustration515 2008-02-21 32 ARTHUR SIM - ARTHUR SIM By Delaying $3b worth of projects won't help relieve building demand, says RLB CONSTRUCTION industry experts are seeking to play down the significance of the government's moves to ease the pressure on the industry's costs. The government isJOHN HENG; BCA, London Metal Exchange and ELB in-house data - 515 words
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Advertisement353 2008-02-21 31 Excellent Redevelopment Site Along Singapore River For Iconic Development. 7 7! 7~7 sing.pt,™F^r-*."] Superior location with regular site configuration Fort Canning Park l™ nST C"YH"" 'Land74,2o6sqft(approx),LH99wef 15/12/1980 am I L Sr Existing GFA of 396,827 sq ft °5! 7 /^^V KST 'Nextto Clarke Quay MRT& within walking <■<*"* Th""" distance353 words
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Advertisement1393 2008-02-21 32 GOOD INVESTMENT OPPORTUNITY! FOR SALE (Multiple or Individual Purchase Welcome) Estate Approx sqft Location Newton View 1948 Newton Road TheTrevose 1894 Stevens Road Sutton Place 3240 Fairer/ Holland Road Spring Grove 1787 Grange Road St Martin's 2207 Tanglin Road Residences (Opp. St Regis) River Place 1582 Havelockßoad River Place 14321,393 words
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THE BUSINESS TIMES Singapore Corporate Awards
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Article, Illustration165 2008-02-21 33 T' HE Business Times shone the spotlight on some of Singapore's corporate leaders and their organisations in the third presentation of the Singapore Corporate Awards last night. Supported by the Singapore Exchange, the awards recognised exemplary contributions to corporate disclosure and transparency. Distinguished judgesJohn Heng, stockXchng - 165 words
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Article985 2008-02-21 34 BEST MANAGED BOARD AWARD Good governance 'lies in an integrated set of practices and behaviours that make a board effective as a group', reports matthew phaim WITH existing awards for various aspects of corporate governance, from disclosure policies to the quality of annual reports, it might985 words
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552 2008-02-21 34 MATTHEW PHAN - MATTHEW PHAN By FROM appointing a lead director to giving whis-tle-blowers special e-mail access to the audit committee here are some best practices of the Best Managed Board awardees this year: Gold winner, the Singapore Exchange, faces a particular552 words
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Article, Illustration763 2008-02-21 36 CHIEF EXECUTIVE OFFICER OF THE YEAR AWARD Banyan Tree's CEO Ho Kwon Ping is continually striving to better himself, writes chuaimg peck miimc FOR Ho Kwon Ping, winner of this year's CEO of the Year Award (mainboard with $500 m and above market763 words
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1754 2008-02-21 36 CHUANG PECK MING: WHEN and how did you learn about winning the CEO award? HO KWON PING: I received a call one morning a few days ago from John Lim from the Institute of Directors. He told me about my winning1,754 words
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Article, Illustration982 2008-02-21 38 CHIEF EXECUTIVE OFFICER OF THE YEAR AWARD Sincere Watch's group managing director has helped turn the firm from an over-the-counter trader into a leading timepiece retailer, reports quah chin chin MAKING the impossible possible that is one of the key recipes to succeedFILE PHOTO - 982 words
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Article, Illustration1007 2008-02-21 39 More needs to be done to ensure the process of appointing independent directors is above board and transparent, says davidgerald MUCH has been made of the role of Independent Directors in Singapore. Differing opinions have emerged regarding the responsibility of an Independent Director but there has beenFILE PHOTO - 1,007 words
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Article, Illustration834 2008-02-21 41 VIEWS FROM THE JUDGES Good corporate governance cannot be achieved by compliant board members afraid to take the road less travelled, says i\ia boon chong MAHATMA Gandhi, one of Asia's most celebrated reformists, once said: "I must confess that IFILE PHOTO - 834 words
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317 2008-02-21 41 TOMMY KOH - TOMMY KOH By THE three objectives of the CEO of the Year Award are to recognise CEOs who have led an organisation to scale new heights, who are able to envision newer and better ways of doing business, and to inspire their employees317 words
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Article, Illustration1167 2008-02-21 42 CHIEF FINANCIAL OFFICER OF THE YEAR AWARD (MARKET CAP OF $500 M AND ABOVE) The telecommunications company's chief financial officer, Kwek Buck Chye, calls himself the 'chief business advocate', writes siowli sen AT Star Hub's latest financial results briefing, questions directed at chief financial officerARTHUR LEE - 1,167 words
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Article, Illustration916 2008-02-21 43 CHIEF FINANCIAL OFFICER OF THE YEAR AWARD (SESDAQ) The company's expertise in precision manufacturing has made it a leader in the market, writes siow li sen HIS first instruction from the boss was to shed his jacket md tie, related Chow Kam Wing, chief financial officerARTHUR LEE - 916 words
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Article204 2008-02-21 43 SIOW LI SEN - SIOW LI SEN By YOU never find Tom Cruise playing an accountant, and Hollywood hardly feature bean counters as heroes, said Chow Kam Wing, chief executive officer (CFO) of Micro-Mechanics (Holdings). CFOs are instead stereotyped as bald and big-bel-lied, said the trim and tan Mr Chow204 words
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Article, Illustration882 2008-02-21 44 BEST ANNUAL REPORT AWARD The great attention these winning firms gave to the preparation of their annual reports has paid off, reports oh boom ping RELEVANCE to shareholders is a key criteria when it comes to preparing a winning annual report, according to winners ofJOHN HENG - 882 words
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Article677 2008-02-21 45 The CFO Award winners are exemplary role models in corporate disclosure, says ramchaimd ni jagtiaimi THE Chief Financial Officer of the Year Award aims to recognise chief financial officers who adopt and implement best practices in corporate governance in their companies and to recognise CFOs who677 words
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Article, Illustration849 2008-02-21 47 BEST INVESTOR RELATIONS AWARD It makes sure they get the same privilege of timely disclosure as fund managers, writes lyimette khoo LISTED companies often pay much attention to institutional investors given the influence these investors have on their share prices. And many a times,BLOOMBERG - 849 words
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Article, Illustration380 2008-02-21 47 LYNETTE KHOO - LYNETTE KHOO By AS the largest South-east Asian stock market, Singapore is best positioned to attract regional issuers to South-east Asia and help promote the region as a viable investment destination rather than fragmented smaller markets a strategy best known as the "Asian Gateway"380 words
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Article, Illustration1106 2008-02-21 49 BEST INVESTOR RELATIONS AWARD The winners of the Best Investor Relations Award boast of comprehensive corporate websites, writes lyimette khoo LIKE any relationships, investor relations (IR) are never a me-way track. Companies that recognise this tune their 3ars to the voice of investors byFILE PHOTC - 1,106 words
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Article, Illustration1550 2008-02-21 51 BEST INVESTOR RELATIONS AWARD MAX YUEN TEEN, chief judge of this year's IR awards, sheds some light on the selection process and observations on investor relations (A'tfliCilC^ar of the Investor Relations Award, the process for selecting winners has been further refined. A three-stage process was followed,FILE PHOTO - 1,550 words
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Article, Illustration1736 2008-02-21 52 mak yuen teen and xaviertong provide some insights into key demographic characteristics of these CEOs WHILE corporate governance is the primary responsibility of the board of directors, it is difficult for a company to achieve a high standard of corporate governance without a competent chief executive1,736 words
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1017 2008-02-21 52 ROBSON LEE - ROBSON LEE By FO the casual observer at the Singapore Corporate Awards 2008, it may have looked like a short walk to the podium for the winners last night but in fact to achieve good corporate governance involves1,017 words
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Article, Illustration1351 2008-02-21 53 Companies can embrace accountability, accessibility availability as the foundation for effective investor relations, says elaine lim ENRON, World Com, Tyco and more recently, Societe Generale. In our own backyard, ACCS and CAO. These names are sharp reminders that governance reform has to be an ongoingFILE PHOTO - 1,351 words
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Advertisement53 2008-02-21 33 ST Engineering delivers innovative solutions in the Aerospace, Electronics, Land Systems and Marine sectors. We have realised many dreams and created countless possibilities. From the first pencil stroke to implementation, we deliver solutions that truly meet your needs. Gold Winner of the Singapore Corporate Awards 2008 Best Annual Report CJ53 words
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Page 33 Miscellaneous
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Miscellaneous23 2008-02-21 33 CONTENTS CEO of the year page 4 CFO of the year page 10 Best annual report page 12 Best investor relations page 1523 words
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Advertisement96 2008-02-21 35 The Rich emont Group >^^% {Jp AJ HONOURS/ Mr TAY LIAM WEE, tf^PrQpY^) v CEO, SINCERE WATCH LTD, S<X X^^, &U WINNER OF THE (g^^ ¥%J^ (q^^^€> "CHIEF EXECUTIVE OFFICER^^^ OF THE YEAR 2007" at THE ANNUAL SINGAPORE CORPORATE AWARDS WE ARE PROUD TO HAVE WORKED WITH MR TAY AND96 words
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Advertisement86 2008-02-21 36 SGX. Your Asian Gateway. As a leading securities and derivatives exchange in Asia, we serve as an international gateway for the region. And offer global investors access to the dynamic, fast- cosfoǤie > growing Asian market. Our foundation is built on maintaining the trust of all market participants. *y^V Our86 words
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Advertisement33 2008-02-21 37 CONGRATULATES MR. TAY LI AM WEE Group Director of Sincere watch Limited on being the winner of Chief Executive Officer of the Year Award for The Business Times' Annual Singapore Corporate Awards 200733 words
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Advertisement97 2008-02-21 38 If/I f -i~- >"-' i^.--~ J _TT z^ "-'.l7="" 'r-^r''_^\t^'J:^i^z.-'' Zz~ 1^ i; in the marine offshore industry &04tyn<itcdataut tio> @6o&€il 'THarUm? fan, oviuuitty t£e Silver /4cwvid fan- S&tfafcme >s &o>tfr(toate AuMVtd i& t7H<vt£et (2&fi4taUtevUo& o£ lew, tfaut $500 mdUo*i> (Zcvteywiy, £j£ BEST INVERSTOR RELATIONS Financial PR iZZ m% SageJudlO97 words
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Advertisement69 2008-02-21 39 j^StarHub Looks like putting stock in your customers pays off. We are proud to receive the Best CFO Award and the Best IR Award (Silver) at the Singapore Corporate Awards. We're building a business by focusing on what people really Entertainment want to enjoy most in life. Information. Jm^_ Communication.69 words
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Advertisement261 2008-02-21 40 OKP Holdings Limited is honoured to be the Silver i I I Winner for Best Investor Relations Award Small Market 1 Capitalisation Category, at the Singapore Corporate A I Awards 2008 Ifc UHfl OKP HOLDINGS LIMITED )j f ©■^P S!£«fiKWßl4>^l L 1 yy OKP Holdings Limited is a leading infrastructure261 words
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Advertisement58 2008-02-21 41 GENEVE de GRISOGONO congratulates %|^^r Mr Tay Liam Wee, Chief Executive Officer of Sincere Watch Limited, on being awarded the chief executive officer m n mM M\m^ OF THE YEAR 2007 BY THE Annual Singapore Corporate Awards. We wish him all the best in his future endeavours. El N ST58 words
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Advertisement41 2008-02-21 42 BVLGAR I HONOURS A CONNOISSEUR OF EXCELLENCE Mr TAY LIAM WEE, CEO, SINCERE WATCH LIMITED, WINNER OF THE "CHIEF EXECUTIVE OFFICER OF THE YEAR 2007" at THE ANNUAL SINGAPORE CORPORATE AWARDS HILTON HOTEL *****652 TAKASHIMAYA DEPARTMENT STORE *****689 PARAGON *****91 I41 words
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Advertisement146 2008-02-21 42 B^ j^E |k ill l_ f!"~ v li, *^P THOMSON MEDICAL CENTRE LIMITED Winner, Best Investor Relations Award (Bronze) For SESDAQ Companies Singapore Corporate Awards 2008 A heartfelt thank you to all who have nominated us for the Best Investor Relations Award. We remain committed to high standards of corporate146 words
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Advertisement51 2008-02-21 44 A. Lange Sohne congratulates Mr. Tay Liam Wee In honor of the Chief Executive Officer of the Year Award, A. Lange Sbhne congratulates Mr. Tay Liam Wee Chief Executive Officer of Sincere Watch Limited, for receiving this prestigious mention presented by the annual Singapore Corporate Awards 2007. f* GLASHUTTE r51 words
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Advertisement28 2008-02-21 45 V^fc'^^Sii BOW. 3Hk^^^^k ■■■■MM BREITLING 1884 CONGRATULATIONS TO MRTAY LIAM WEE OF SINCERE WATCH LIMITED WINNER OF CHIEF EXECUTIVE OFFICER OF THE YEAR 2007 AWARD, SINGAPORE CORPORATE AWARDS28 words
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Advertisement270 2008-02-21 46 111 M.TECH I Your Preferred i-Securily Partner M.Tech is the leading regional IT security solutions distributor. Established in May 2002, M.Tech is headquartered in Singapore and, in addition to its presence in Singapore, has regional offices a in the fast growing markets of China, Hong Kong, India, Indonesia, Malaysia, Philippines,270 words
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Advertisement48 2008-02-21 47 vAUDEMARSPIGUET 00 Le maitre de I'horlogerie depuis 1875 Congratulations 'uKbßS^^ 0"^ MrTayLiamWee y W^^^^MK I 4pjj^J*^. Chief Executive Officer, Sincere Watch 'jF^'.-'^^f^^MKS^ 1 I [5-SgS^ Winner of Chief Executive Officer of the Year 2007 -^Blf^ I for the < o The Singapore Corporate Awards y- -4^ r^ 1 v48 words
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Advertisement16 2008-02-21 48 > lfi| > > > < > J^- r"^ *^7 r"^ 7 T' *^7 v^ r"^ P7*m PT*T*Pm FT^n FT*^^ P7o i"^16 words
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Advertisement55 2008-02-21 49 Mr Pascal Raffy President and Owner of POVET DIMIEU 1822 would like to congratulate MrTay LiamWee Chief Executive Officer of Sincere Watch Limited for being awarded the Chief Executive Officer of the Year by The Business Times Annual Singapore Corporate Awards 2007 Founding Member of the Quality Fleurier Certification www.bovet.com55 words
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Advertisement237 2008-02-21 50 to Best Managed Board Award Gold Singapore Exchange Ltd Silver Capita Land Ltd Bronze Singapore Petroleum Company Ltd Bronze SMRT Corporation Ltd Chief Executive of the Year 2007 Chief Financial Officer of the Year 2007 Mr Ho Kwon Ping, Banyan Tree Holdings Ltd Mr Kwek Buck Chye, Star Hub Ltd237 words
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Advertisement62 2008-02-21 53 HB^w -^l At SMRT, corporate governance is WT'.'^ \Jf |r a culture of excellence, integrity, V fetel sf^C^fP It .^^^^te^ accountability and transparency. Leadership is key in upholding high l^y standards of governance; directing and driving greater value for all our stakeholders. Moving ahead, we are committed to fc|^^^ be62 words
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Advertisement44 2008-02-21 54 H 1 oSreaue& *aZu. OMEGA LONGINES* RADO £X Depuis 1773 swiss made since 1848 ~~=<^£=*"~ SWITZERLAND HANDMADE IN GERMANY Wmmm d\ tissot ißmnTon swatchn C CalVin Klein SWISS WATCHES SINCE I 553 THE AMERICAN BRAND SINCE 1892 a world of elegance uv c swiss made44 words
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