The Business Times, 28 February 2008

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Microfilm: NL28832
Total Pages: 35
1 35 The Business Times
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  • Title Section
    Lock icon Masthead
    26 1 The Business Times Singapore 85 cents online at http://business-times.asial .com.sg •V A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Thursday, February 28,2008
    26 words
  • Article, Illustration
    Lock icon Pulses out now!
    254 1 [SINGAPORE] The latest issue of the investment magazine Pulses is already out and is jam-packed with content that matters to you in the financial market. Renewable energy, a hot topic in business now, is in the cover story. The March issue also lets you in on how
    254 words
  • Article, Illustration
    Lock icon Greenback in freefall as euro, S$ hit new highs
    641 1  -  LARRY WEE Oil and gold also explode as analysts debate how low the US dollar will go By [SINGAPORE] The US dollar was hammered to ugly new lows yesterday, punished mercilessly by a combination of more bad news for the US
    Reuters  -  641 words
  • Article
    Lock icon HK slashes taxes, doles out the goodies
    783 1  -  JANE MOIR BT Budget of 'small surprises' aims to help poor, keep businesses happy By in Hong Kong TAKING a leaf from Singapore's book-only more aggressively Hong Kong fiscal chiefs gave individual taxpayers and companies a one-off rebate of 75 per cent of
    BT  -  783 words
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      3 1 8 *****1 *****4
      3 words
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      72 1 •SPY PATEK PHILIPPE Begin your own tradition. "V 111 nfitti ttjsl3&*^*" after it for the tfji Men's Calatrava next generation. ■jLiI«/ Ref. 5119J by Patek Philippe. E STP WSW 1 95" SINCERE fine watches SINGAPORE NGEE ANN CITYTEL (65) 6733 0618 -LUCKYPLAZA TEL (65) 6737 4593 SUNTEC CITY MALL TEL
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      35 1 ÜBS m*£- DESIGN ISSISBiIr- 1 ANNUAL AWARDS *3jj Yes vote for J Live, work and play Jllll^ 1 1 BT clinches commentary, t |4i|Jo capital injection -the architect's way '^fe-^-w headline awards |t l *]F^^
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  • TOP STORIES
    • Article, Illustration
      Lock icon Banks ready to turn page on CDO chapter
      833 2  -  CHOW PENN NEE Focus may shift to core businesses after substantial allowances By [SINGAPORE] Allowances for collateralised debt obligations (CDOs) exposed to risky mortgages in the US continued to dominate banks' earnings this quarter, but analysts say that the local banks are
      Banks' financial statements Compiled by BT  -  833 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon UOB Q4 earnings dip 5.7% on $128m impairment charges
        72 2 DRAGGED down by a $128 million impairment charge on loans and higher provisions for its investments in collateralised debt obligations, United Overseas Bank reported lower-than-expected fourth-quarter earnings. Net profit for the three months ended Dec 31, 2007, dropped 5.7 per cent
        72 words
      • Article
        Lock icon Stanchart S'pore operating profit rises 54% to US$446m
        58 2 STANDARD Chartered Bank Singapore has turned in sterling results for 2007, with strong double-digit growth in income and profits. Income flew past the Ssl billion mark, up 43 per cent to US$B92 million, while operating profit jumped an even higher 54 per
        58 words
      • Article
        Lock icon Net closing in on tax evaders in Liechtenstein
        66 2 FOLLOWING the lead of Germany and Britain, at least eight other countries, including the US, said on Tuesday they were investigating whether some of their citizens were using banks in Liechtenstein to evade taxes. The countries involved in the investigations also threw
        66 words
      • Article
        Lock icon Malaysian economy grows 6.3% in 2007
        45 2 THE Malaysian economy expanded 6.3 per cent in 2007, with strong domestic demand propelling fourth-quarter growth to 7.3 per cent. According to figures released by the central bank yesterday, growth was broad-based in all economic sectors. MALAYSIA, PAGE 18
        45 words
      • Article
        Lock icon HK forecasts slower 4-5% growth this year
        69 2 HONG Kong's economic expansion slowed to 6.3 per cent last year as exports to the US fell. The government forecasts the weakest growth in five years in 2008. In his Budget speech yesterday, Financial Secretary John Tsang said the government expects 4 per
        69 words
      • Article
        Lock icon CapitaLand plans US$300m Vietnam property fund
        73 2 CAPITALAND plans to set up a US$3OO million property fund in Vietnam. The company also said yesterday it has forged a partnership with Vietnamese firm Nam Thang Long Investment Joint-Stock Company to seek investment opportunities in Vietnam. The news sent Capita Land's shares up
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    • Article, Illustration
      Lock icon BT's touch of wit, measure of depth
      517 2 Newspaper wins yearly SPH awards for top headline and best commentary [SINGAPORE] The Business Times last night was rewarded for journalistic excellence in two categories in Singapore Press Holdings' (SPH) yearly in-house awards. BT's senior correspondent R Sivanithy won Commentary/Analysis of the Year
      ARTHUR LEE  -  517 words
    • Article
      Lock icon Robinson showdown headed for anti-climax
      710 3  -  MICHELLE QUAH By HOCK LOCK SIEW HE much-hyped takeover of I Robinson &Co by the Al-Fut-taim Group now looks headed for certain death no thanks to the retailer's strong stock performance which was, ironically, fuelled by Al-Futtaim's offer in the first place. Gone, too, are
      710 words
    • Article
      Lock icon UBS gets big yes vote for capital injection
      531 3 Reuters Approval paves way for bank to boost capital base [BASEL] ÜBS shareholders yesterday overwhelmingly approved a 13 billion Swiss franc (Ssl7 billion) emergency capital injection through the placement of a convertible bond. Shareholders at the extraordinary meeting approved by a comfortable
      – Reuters  -  531 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        46 3 Inesi lay iang 1COMP 1,376.62 +1.1 IIKKEI225 14,031.30 +206.58 1ANG SENG 24,483.84 +769.0: ;et index 832.04 -2.63 JAKARTA COM P 2,740.14 +1.27 1ANILAC0MP 3,105.00 +25.46 ;eoulcomp 1,720.89 +11.76 ;henzhen b 627.78 +13.26 IUMBAI IND 17,825.99 +19.80 11AM EDT 12,721.07 Change +36.15 )OW IASDAQ 2,354.83 +9.8'
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      • Article
        Lock icon PRIME RATES
        28 3 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONGKONG 5.75 INDONESIA 15.882 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 6.00 CANADA 5.75 SWITZERLAND 4.50 INDIA 12.50 Source:
        Bloomberg  -  28 words
      • Article
        Lock icon FOREX
        36 3 IS$ (S$ per US$) 1.398 (USS/SS ier 1.992 2.786 ;URO(US$/S$/E) 1.503 2.102 'EN 107.00 76.50 3.203 2.290 IK$_ 7.788 5.570 !AHT 32.14 22.99 lUPIAH 9,062 6,481 lENMINBI 7.146 5.110 INDIAN RUPEE 39.72 28.41 1.066 0.763
        36 words
  • Page 2 Advertisements
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      91 2 people.* Do we li now work you? (Register with us today) www.thepeopleatwork.com Asia-Pacific Executive Search THE MONETARY AUTHORITY OF SINGAPORE Tenor Approximately 20 years Total Amount Allotted SGD 1,300,000,000 Amount Allotted to Non-Competitive Applications SGD 107,316,000 Of which allotted to MAS Nil Total Amount Applied SGD 2,307,425,000 Coupon Rate 3.500%
      91 words
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      105 2 ffffffllP 1 Prodacapo, an integrated corporate performance management suite incorporates performance improvement solutions in a single system: a Activity Based Costing/Management identify and manage true cost and profitability Balanced Scorecard measure and manage performance a Interactive Business Planning -simulate and plan a Process Management streamline operations Selected customer quotes: "Prodacapo
      105 words
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      158 2 SAVE TAX Our qualified professionals W/m~L can assist you with offshore m structures, shelf companies and incorporations in ALL jurisdictions including: T^T I British Virgin Islands Cayman Islands Bahamas i^B Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore
      158 words
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  • COMPANY NEWS
    • Article
      Lock icon Citi's Asia corporate bank chief quits
      223 4 THE head of Citigroup's corporate bank for the Asia-Pa-cific, Sanjiv Misra, has resigned, according to a Bloomberg report. Sources said Mr Misra will join CLSA Capital Partners as CEO, overseeing alternative investments, notably in the area of private equity. He will continue to be
      223 words
    • Article, Illustration
      Lock icon Impairment charges drive UOB Q4 profit down 5.7%
      656 4  -  CHOW PENN NEE $128 m in provisions also leave $506 m net gain short of analysts' predictions By DRAGGED down by a $128 million impairment charge on loans and higher provisions for its investments in collateralised debt obligations (CDOs), United Overseas Bank,
      ARTHUR LEE  -  656 words
    • Article
      Lock icon SGX buys rubber exchange Sicom for $7.5m
      263 4 THE Singapore Exchange (SGX) is acquiring the Singapore Commodity Exchange (Sicom), a move that will integrate the highly sophisticated securities and derivatives market with a rubber exchange still trying to drag itself into the modern world. In a joint announcement yesterday, the two
      263 words
    • Article
      Lock icon Stanchart S'pore operating profit soars 54% to US$446m
      522 4  -  SIOW LI SEN Income jumps 43% to USsB92m; loans up 17% at USsl7.2b By STANDARD Chartered Bank Singapore has turned in sterling results for 2007, with strong double-digit growth in income and profits on the back of turbocharged economies here and in
      522 words
    • Article
      Lock icon ETFs set to take off in Asia
      590 4  -  LYNETTE KHOO Spore and HK are both keen to roll out more products By THE lack of transparency, timely disclosure to trade intraday and an attractive tax regime has been said to be impeding the growth of exchange traded funds (ETFs) in Asia,
      590 words
    • Article
      Lock icon Ho Bee Q4 net falls 24%
      437 8  -  KALPANA RASHIWALA By HO Bee Investment, the biggest developer on Sentosa Cove, has posted a 24.2 per cent year-on-year drop in net earnings. For the fourth quarter ended Dec 31 it made $38.8 million, a reduction attributed to lower property development revenue and profit.
      437 words
    • Article
      Lock icon Parkway sees new hospital making profit by 2nd year
      385 8  -  NISHA RAMCHANDANI Q4 earnings grow 80% to $26.7 m on 30% rise in revenue to $232.6 m By HEALTHCARE provider Parkway Holdings expects a new hospital it will put up on a $1.25 billion site at Novena Terrace by 2011 to
      385 words
    • Article
      Lock icon SC Global posts 67% rise in FY07 profit to $28.3 m
      281 8  -  ARTHUR SIM By SC GLOBAL has reported a profit after tax and minority interests of $28.3 million for FY2007 an increase of 67 per cent from 2006. In a statement yesterday, it attributed its performance to sales of residential
      281 words
    • Article
      Lock icon Del Monte reports 155% Q4 profit rise
      264 8  -  GEOFFREY LEE By MAINBOARD-LISTED Del Monte Pacific posted a 155 per cent year-on-year rise in net profit to U5523.3 million for its fourth quarter ended Dec 31 as revenue rose 27 per cent to U*****.9 million. The Philippine market was the major driver
      264 words
    • COMPANY BRIEFS
    • Article
      Lock icon At a glance
      381 12 Full year ended Dec 2007 UOB 2109.00 2570.00 -17.9 4872.00 4837.00 0.7 Thai Beverage 446.47 432.36 3.3 4323.26 4205.31 2.8 Parkway 297.96 55.28 439.0 869.68 868.00 0.2 Ho Bee Inv 272.20 98.58 176.1 596.14 393.10 51.7 Delong 93.76 131.23 -28.6 1541.99 945.35 63.1 SinoTechfib 92.70 68.12 36.1
      381 words
    • Article
      Lock icon Thai Beverage full-year profit rises 3% to 10.38b baht
      500 12  -  CONRAD RAJ By THAI Beverage, Thailand's largest liquor producer and one of its biggest companies, reported a 3 per cent rise in net earnings to 10.38 billion baht (Ss4B4 million) for the year ended Dec 31, 2007, from 10.05 billion baht
      500 words
    • Article
      Lock icon Hi-P Q4 profit more than doubles to $31 m
      574 12  -  OH BOON PING Full-year earnings edge up 4.4% on 16% rise in sales By CONTRACT manufacturer Hi-P International has forecast higher net profit for the current quarter, along with a stronger FYOB performance. CEO Robert Mahoney told analysts yesterday that the
      574 words
    • Article
      Lock icon Chemoil profit hit by volatile oil prices, derivative losses
      384 12  -  RONNIE LIM Energy pricing volatility in current year may have bearing on earnings By VOLATILE oil prices and continued losses from derivative contracts in the fourth quarter caused marine fuel supplier Chemoil Energy to incur a 47.6 per cent fall in
      384 words
    • Article
      Lock icon Midas posts 24.8% jump in 2007 profit
      250 12  -  LAN POH By MIDAS Holdings, manufacturer of aluminium alloy extrusion products and polyethylene pipes, has posted a net profit of $31.9 million for the year ended Dec 31, 2007, a 24.8 per cent increase from the previous year. Revenue also rose by 34
      250 words
    • Article
      Lock icon Hyflux earnings double to $33m
      466 12  -  MATTHEW PHAN Staff costs up 53% as it goes all-out to inject new blood By MEMBRANE specialist Hyflux made a net profit of $32.95 million for the year ended December 2007, more than double its 2006's $15.47 million restated earnings. This was helped by gains
      466 words
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      45 4 I I This announcement appears as a matter of record only. rjT\ HOUSING 4> DEVELOPMENT l"-U BOARD *****,000,000 3.63% Notes due 2023 issued under HDB's 557,000,000,000 Medium Term Note Programme Joint Lead Managers DBS Bank Ltd. The Hongkong and Shanghai Banking Corporation Limited QDBS HSBC<»
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      107 5 Signature Homes byHiapHoe WG believe that a good home design becomes great only when it matches your vision, aspirations and is an extension of who you are and how you want to live life. Renowned for our proud track record of proven, excellent and impressive signature developments, Hiap Hoe will
      107 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI gets a boost from HK, Wall St
      603 6  -  R SIVANITHY STOCKS But index ends only 16 points up after rising 41 points, as US recession fears persist FOR the second consecutive day, an overnight rise on Wall Street and a resultant strong showing in Hong Kong pushed prices here higher
      Bloomberg  -  603 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      100 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 13 3 2 0 0 0 13 3 2 Manufacturing 66 64 56 11 11 74 75 67 Commerce 27 24 21 31 28 26 Tpt/Stor/Comms 18 15 20 17 Finance 15 15
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      118 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 22,786 22,786 152,130 152,130 lanufacturing 400,425 80,507 480,932 421,398 16,366 437,763 Commerce 89,383 2,696 92,079 164,914 492 165,406 3t/Stor/Comms 103,139 211 103,350 278,227 63 278,289 :inance 42,563 130 42,693 418,485 24 418,509 Construction 33,392 50,661 84,053 13,697 14,093 27,790
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      107 6 lapitaLand 6.560 +0.160 Olam 2.560 +0.040 :apitaMall 3.310 +0.070 S I A 15.800 +0.040 jtyDev 12.320 +0.520 SGX 8.700 +0.170 losco Corp 4.200 -0.060 SIA Engg 4.100 +0.210 IBS Grp 17.700 -0.180 SPH 4.410 -0.030 :&N 4.980 -0.020 ST Engg 3.600 -0.050 Sent Intl 0.620 SembCorp
      107 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      919 6  -  UMA SHANKARI Ezra Holdings Feb 27 close: 552.40 Goldman Sachs, Feb 26 AFTER Monday's market close, Ezra announced that its offshore fabrication engineering arm in Vietnam had been awarded a US$55 million fabrication and assembly contract. This is the second major fabrication and assembly contract for the group:
      Bloomberg  -  919 words
    • Article, Illustration
      Lock icon Euro pauses close to new high versus US$
      470 6 -AFP CURRENCIES [TOKYO] The euro hovered around the US$l.5O level in Asian trade yesterday after topping the symbolic threshold for the first time as weak economic data stirred fears of a US recession, dealers said. They said the greenback also slid against
      -AFP; AFP  -  470 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      52 6 Feb 27 VALUE CLOSE 328.00 +20.00 BT OB/OS BT CADI -*****.00+51.00 BT 10-day MA -*****.00 +33.00 FTSE ST Mid Cap 805.43 +6.96 FTSE ST Small Cap 702.37 -1.38 FTSE ST All Share 800.47 +4.07 FTSE ST China 536.78 -5.14 SIMSCI 381.54 +1.58 SIMSCI Futures 380.00 -3.20 PrimePartnersCI
      52 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Jade Tech 54,410,000 Synear 38,618,000 Samko 32,766,000 Noble Grp 32,171,000 Yangzijiang 31,451,000 Golden Agri 30,511,000 SingTel 24,398,000 Koon 22,039,000 Yong mao 20,614,000 Capita Land 20,018,000 VALUE(S) DBS Grp 148,078,297 Capita Land 131,275,144 UOB 106,801,099 Keppel Corp 100,580,840 SingTel 96,660,990 SGX 83,784,000 Wilmar 78,556,041 Noble Grp 74,909,940
      56 words
    • Article
      Lock icon RISES
      103 6 BY CENTS CLOSE UP 9485 339.6 2.6 GLD 10US$ JMH 2774 134.2 3.6 China H 10US$ 1795 125.8 5. :\t 1232 52.0 4.. MBLiCW*****0 355 35.0 10.! >re Land 740 33.0 4.7 il Con 1110 32.0 3.' JSH 1582 30.8 1.4 Asia 10US$ 499 29.4 4.. HK Land 441
      103 words
    • Article
      Lock icon FALLS
      117 6 BY CENTS CLOSE DOWN Jardine C&C 2096 -58.0 -2.7 UOB 1842 -42.0 -2.2 Venture Con 1058 -20.0 -1.! iBS Gri 1770 -18.0 -1.1 Wilmar DBeCW/*****1 90.5 -17.5 -16.2 Great Eastern 1598 -12.0 -0.7 ilanBNPePW/***** 25.5 -11.0 -30.1 HSI*****SGAePW*****8 25.5 -10.5 -29.2 IntRoller 47.5 -9.5 -16.7 3 Enerc 233 -9.0
      117 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      85 6 Feb 11 CHNG CLOSE FR Feb 26 YR 2008/07 S$ LOW S$ HIGH USS 1.3973 0.55 1.5479 1.3970® Euro 2.1043 -0.69 2.1639 1.9913 Pounds 2.7802 -0.37 3.1194 2.7390 AS 1.3123 -0.64 1.3555 1.1741 Yen* 1.3126 -0.85 1.3821 1.2285 Rill liah* 0.***** 0.33 0.***** 0.***** Baht* 4.3489
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      137 7 Jffl W^ Wm 2£ N —bok AMBERSTONPTELTP BBS APRIL^ fc IK s 1 /O* @)chemoil Si mpH^—- LTD FEDERAL rht Q O""^ rs,SEM,CONDI,CTORPTELTD. «^SS!L f EXPORTBANK FRANKUN OFFSHORE (4 IBS *****1 «**> iTj AM m^w zander X^^ JW^ CZ* lnter-Pre m ium Group MKS 0-«~.~™ Mo^?^ PANTECH CROUP iKTiuumoiuu. tat
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      61 8 Heartiest congratulations to CHEMOIL on the grand opening of Helios Terminal (In dedication to Chemoil's late Founder CEO, Mr Robert V Chandran) I^U nSa *s^ 'i t^k \^^4 •>^'i- '^fc.-'-'-^SffC' i- r'-^Z ■*£■>.-. >";■ McConnell Dowell South East Asia Pte Ltd 750 Chai Chee Road, Oasis Block #03-18, Technopark Chai
      61 words
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  • Page 10 Advertisements
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      726 10 9HRP SINGAPORE The Helios Terminal not only *> j£p enlarges Chemoil's global footprint, it also acts as a hub for Chemoil to expand into other high-volume locations in Asia. Chemoil sparks new age for f^^^P independents in 2008 with opening ot Helios Terminal IHiPHP9RSI 1 Vl^ FUJAIRAH With storage capacity
      726 words
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      41 11 II I I ItJI B I W^ 118 I I b^^H n 1111 -is* j^ Bk^wJ B^^^*^bK£^ -<j IHH Bl OUR HEARTIEST CONGRATULATIONS JPMorganO svKES Group (^SI Puni Lloyd Audex Pte Ltd KINGSMEN EXHIBITS PTE LTD KE L L E R
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      33 12 *Yjn| NEW ELEVATION SERIES Jj^J TREADMILLS wW f The newest and most engaging health club treadmill t that you can put in your home. Lifefitness Treadmills Lifefitness Cross Trainers Lifefitness Multi Stations 5"
      33 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Govt uses 'realistic' assumptions instead of 'optimistic' ones
      697 13  -  CHEN HUIFEN YESTERDAY IN PARLIAMENT GST introduced while revenue position was still strong: Tharman By IN explaining the background to the way the government has turned out to have gathered far more money than was predicted in last year's Budget, Finance Minister
      FILE PHOTO  -  697 words
    • Article, Illustration
      Lock icon Rules to be eased for overseas voters: Wong
      395 13  -  CHUANG PECK MING Reports by RULES for overseas voting will be eased so more Singaporeans abroad will be able to vote in the next general election, Deputy Prime Minister Wong Kan Seng told Parliament yesterday. But the move will not compromise the
      395 words
    • Article
      Lock icon Integrate foreign talents into our society: DPM Wong
      260 13 SINGAPORE must push on with its efforts to attract global talents, but it must also pay equal attention to integrating them into the local society, according to Deputy Prime Minister Wong Kan Seng. "Locals alone are not enough to meet our manpower
      260 words
    • Article
      Lock icon Interest rate monetary policy not viable
      571 13  -  CHEN HUIFEN CHEW XIANG It would dilute the impact of exchange rate policy: Lim By and USING the interest rate as an additional tool for its monetary policy is not viable for an open economy like Singapore because it would then dilute the impact
      571 words
    • Article
      Lock icon Service industries notch 14% jump in 4th-quarter revenue
      342 13  -  NISHA RAMCHANDANI By THE business receipts of Singapore's service industries grew 14 per cent year on year in the fourth quarter of 2007, the Department of Statistics (DOS) revealed yesterday. The financial services sector grew 29.9 per cent, after strong growth of
      342 words
    • Article
      Lock icon Singapore JI leader escapes from detention centre
      163 13 THE detained leader of the Jemaah Islamiyah (JI) network in Singapore, Mas Selamat bin Kastari, escaped from the Whitley Road Detention Centre yesterday afternoon. The Ministry of Home Affairs (MHA) said in a statement yesterday that the escape took place at 4.05 pm.
      163 words
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      826 13 riiTUDiEiiunDTrim I Fint published in the Government I INTHEMATTEROF INTHEMATTEROF (jUTHHIE LAND PTE LTD Gazette, Electronic Edition, on 28th THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 (Company No. *****2565G) February 2008 at 5.00 pm. AND AND (IN MEMBERS-VOLUNTARY nJEuKiESStIHIsm WbSooKteSs. J.N^OE^SSI^LTD WINDING-UP) THtLOMKAnitsAtTitMAKTtKso) Co. Registration N0:*****2054W Co.
      826 words
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      1 13 I
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  • PREMIUM PEOPLE
    • Article, Illustration
      Lock icon Managing quality in insurance
      1002 14 In the insurance industry, it is essential to build a culture of service and business excellence and in the way processes are refined and improved on, writes CHOW PENN NEE QUALITY management has always been integral to any business operation. It is the management function that
      1,002 words
    • Article
      Lock icon Ensuring utmost efficiency
      120 14 IN today's insurance industry, quality management is important in maximising process efficiency. Creative thinking is encouraged within boundaries such as keeping the basic process, product or service to meet the expectations of consumers. Using quality tools, insurance companies are able to develop new products, test products, refine
      120 words
  • Page 14 Advertisements
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      Lock icon Page 14 Advertisements Column 1
      247 14 InvestM% I huSzhou ciTY Invest Hong Kong and People's Government of Huizhou Municipality are organizing a business seminar at Pan Pacific Singapore on 5 March 2008. China is the single most important and fastest growing marketplace, as well as manufacturing base. Come learn how to use Hong Kong and Huizhou
      247 words
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      Lock icon Page 14 Advertisements Column 2
      100 14 10 uiaEO In the heart of Singapore's financial district is a business environment designed with the sole purpose of taking care of you and your business. From organising your conferences to tailoring tenancies for each of our 38 designer office suites, Level 8 was created especially to provide a new
      100 words
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  • SINGAPORE INTERNATIONAL
    • Article
      Lock icon West China beckons
      881 15 Lots of opportunities in new 'pilot reform cities', reports CHUANG PECK MING JUST as it did 10 years ago in the coastal cities, the fast rising urban centres and affluence in western China are throwing up opportunities for Singapore companies in township development and the resort and
      881 words
    • Article, Illustration
      Lock icon Vast territory, abundant natural resources, labour
      421 15  -  CHUANG PECK MING By SINCE Deng Xiaopeng launched China's economic reforms in 1979, the country's fast growth and development in the first two decades have been concentrated on the eastern coastal regions. But with the launching of the Great Western Investment Strategy in January
      FILE PHOTC  -  421 words
    • Article
      Lock icon Banyan Tree expanding in Western China
      417 15  -  CHUANG PECK MING By BANYAN Tree Hotels Resorts has at least four projects in the works in Western China, according to Paul Chong, the group's vice-president for business development. Two of the projects in Jiumhaigou are due to open next year and another two,
      417 words
    • Article, Illustration
      Lock icon Surbana making inroads in China
      579 15  -  CHUANG PECK MING By THE idea of a township development in Chengdu was born during a Singapore government-led business mission to Western China in 2002. Surbana, which has been the mastermind behind Singapore's public housing success and builder of such flats, followed up on the
      579 words
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      234 15 ■0* I±J ™™NM 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.iesingapore.com Keen to venture overseas?
      234 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon IMF gets nod to set gold to rebuild finances
      482 16 -NYT, Bloomberg [WASHINGTON] The International Monetary Fund (IMF) received approval on Monday from the Bush administration to sell gold bullion to stabilise its shaky finances. The sale, which Congress also must approve, must be accompanied by cuts in the Fund's budget
      -NYT,; Bloomberg; BLOOMBERG  -  482 words
    • Article
      Lock icon Japan should have SWF, says lawmaker
      357 16 Reuters Fund will not affect US ties or currency markets [TOKYO] Japan should set up several investment arms under a sovereign wealth fund to manage part of its foreign reserves, pension funds and other government resources, a lawmaker who heads a ruling party panel
      – Reuters  -  357 words
    • Article
      Lock icon BURSA MALAYSIA
      2293 16 :eb27 :eb 27 RM ASM Realty 0.62 \bric Bhd 0.21 advance Synergy 0.14 Adventa Bhd 1.24 Ae Multi Hldgs 0.27 Win Holdings 2.25 Ahmad Zaki Resou 1.28 AicCorp 0.64 \irasia Bhd 1.54 Akn Technology 0.57 alliance Financi 2.92 AluminiumCo 1.08 Amalgamated Ind 0.49 tamb Hldgs Bhd 3.74 Amtel
      2,293 words
    • Article
      Lock icon Net closing in on tax evaders in Liechtenstein
      568 16 -NYT Targets have already paid 27.8 m euros to begin settling their cases [FRANKFURT] Following the lead of Germany and Britain, at least eight other countries, including the United States, said on Tuesday that they were investigating whether some of their citizens
      -NYT  -  568 words
  • Page 16 Advertisements
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      96 16 Register today be one of tomorrow's winning investors and traders. —^H ATIC is Your One-Stop Trading JM Investing Event! Make the decision and commit yourself /f to learning more about new trading /J| strategies, new ways to looking at trading patterns, familiarize yourself with Fibonacci techniques, understand the Asian and
      96 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Malaysian economy grows 6.3% in 2007
      496 17  -  PAULINE NG Strong domestic demand boosted fourth-quarter growth to 7.3% By in Kuala Lumpur THE Malaysian economy expanded 6.3 per cent in 2007, with strong domestic demand propelling fourth-quarter growth to 7.3 per cent. According to figures released by the central bank yesterday, growth
      BLOOMBERG  -  496 words
    • Article
      Lock icon Sime Darby posts Q2 net of RM800m
      133 17 Reuters [KUALA LUMPUR] Malaysian conglomerate Sime Darby, the world's largest palm-oil producer, reported a second quarter net profit of RMBOO million (Ss3so million) yesterday, its first set of accounts since merging with two other palm-oil firms last year. Sime gave a year-ago net
      – Reuters  -  133 words
    • Article
      Lock icon Fear of Indian discontent during election looms
      604 17  -  S JAYASANKARAN MALAYSIA ELECTIONS Indian votes may tilt the balance to the detriment of Front By in Kuala Lumpur TERESA Kok shakes her head. "The last time I saw something like that was in 1990," she says, referring to that year's general election.
      604 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon HK forecasts slower 4-5% growth this year
      567 18 Bloomberg HK BUDGET Govt says pace of inflation may accelerate to 3.4% from 2% in 2007 [HONG KONG] Hong Kong's economic expansion slowed last year as exports to the US fell. The government forecasts the weakest growth in five years in 2008. Gross
      Bloomberg; BLOOMBERG  -  567 words
    • Article
      Lock icon Ageing society seen sapping HK budget
      268 18 Xinhua [HONG KONG] An increasingly ageing population will pose immense pressure on public finances in the next 20 to 30 years, Hong Kong Financial Secretary John Tsang said yesterday. Presenting his first budget expenditure to the Legislative Council, Mr Tsang said that one in
      – Xinhua  -  268 words
    • Article
      Lock icon Hong Kong scraps duties on wine, beer
      446 18 -AFP It wants to become an international wine hub [HONG KONG] Hong Kong stands to become an international wine hub and profit from rapidly growing demand in China after abolishing a 40 per cent tax on the tipple, industry experts said yesterday. Hong
      -AFP  -  446 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      22 18 tt^©^L I Lianhe Zaobao I j to HIT I "New Zealand 11 lEQ Global moves into I indoor environmental I quality industry
      22 words
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      Lock icon Page 18 Advertisements Column 2
      260 18 If you are in any of these situations: X~"^^^^^^^m 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 watch
      260 words
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  • Page 19 Advertisements
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      116 19 to --—-<^ IN/I fflt^^^B B j^? ■^bbbib^ > *^Kt^ vByMPB r^^^^ t B^Bk2^^^ _I^\ L _Ll 1 /^Bl BBHBB^^^^^^^^ V Age is no barrier to Quality People We sincerely value our employees who are a tremendous resource. At Mitsubishi Electric, we firmly believe that one can never be too old
      116 words
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  • INDIA
    • Article
      Lock icon Gas pipeline: China to step in if India's out?
      422 20  -  SIDDHARTH Iran wants early decision on the project amid rising US pressure on Delhi By SRIVASTAVA in New Delhi COULD the proposed multi-billion-dollar Iran-Paki-stan-India (IPI) gas pipeline project be India's loss and China's gain? Washington has been hostile to the US$7.5
      422 words
    • Article
      Lock icon Reliance Energy mulls plan to buy back shares
      333 20 Bloomb- [MUMBAI] Reliance Energy Ltd, India's third-biggest utility by market value, said on Tuesday that it plans to consider a buyback of shares, two days after a unit agreed to give free stock to bolster investor confidence. The board will take up
      Bloomb-  -  333 words
    • Article
      Lock icon US, India in missile defence talks
      370 20 -Reuters [NEW DELHI] The United States and India will study the possibility of a joint missile defence system, US Defence Secretary Robert Gates said yesterday, stressing that talks were only in their early stages. "We're just beginning to talk about perhaps conducting a joint
      -Reuters  -  370 words
  • Page 20 Advertisements
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      459 20 IN THE MATTER OF CHIT HONG CO (PTE) LTD (CoßegNo.: *****0051G) (IN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the members of the abovementioned Company will be held at 20 Upper Circular Road #03-10/11, The
      459 words
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      Lock icon Page 20 Advertisements Column 2
      480 20 Ideal weight or weight loss? Know the difference Been putting on weight for the last 10, 20 or even 30 years, but want to medically sound products, will coach and help you achieve your ideal lose it all within 2 months? Doesn't make sense, does it? weight and health goals
      480 words
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  • ASIA'PACIFIC-WORLD
    • Article, Illustration
      Lock icon Extreme downwind conditions test Clipper fleet
      421 21 THE drag race down through the Yellow Sea to Japan has continued during the 24 hours and the winners are those that have not broken anything. The leading pack of New York, Glasgow: Scotland with style Clipper and Hull Humber have reported that everything
      421 words
    • Article
      Lock icon SWFs not interested in control: SM Goh
      416 21  -  OH BOON PING Their focus is on seeking good returns for their investments By [SINGAPORE] Most sovereign wealth funds (SWFs) are not seeking to control the Western economies, but, rather, are seeking attractive returns for their investments, said Senior Minister Goh Chok Tong.
      416 words
    • Article
      Lock icon Lanxess denies talks on GIC purchase
      271 21  -  RONNIE LIM By [SINGAPORE] A EUROPEAN company that announced a 400 million euro (SsB34 million) synthetic rubber plant in Singapore on Tuesday said yesterday it has not been in talks with the Government of Singapore Investment Corporation (GIC) over the sovereign wealth fund buying
      271 words
    • Article
      Lock icon Orders for big-ticket US-made goods plunge 5.3% in Jan
      405 21 -AP, AFP, Reuters [WASHINGTON] Signs of sluggish growth continue to beset the US economy with orders to US factories for big-ticket manufactured goods plunging in January by the largest amount in five months, even as Federal Reserve chairman Ben Bernanke sent
      -AP, AFP, Reuters  -  405 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7849 21 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.93/ Star Europe Bond 1.189/ Star Europe Bal 1.166/ Star Asian Tiger Eqty 1.495/ Star Asia Bond 1.207/ Star Asia Balanced 0.999/ Star Global Technology Fund!** 0.194/ Multi St Fd 0.864/ Star Asia Bond(USD) 0.859/ Gib Multi St USD
      7,849 words
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  • WORLD
    • Article, Illustration
      Lock icon Gucci is world's most wanted designer brand
      406 22 Bloomberg [NEW YORK] The Gucci fashion label is the most coveted designer brand in the world, according to a survey. One in five consumers surveyed by The Nielsen Company said that they would buy Gucci products if money were not an issue. The
      – Bloomberg; FILE PHOTO  -  406 words
    • Article
      Lock icon Microsoft fined for defying EC sanctions
      488 22 neuters, AP Record 899 m euro fine for failure to comply with an antitrust decision [BRUSSELS] The European Commission fined Microsoft a record 899 million euros (Ssl.9 billion) yesterday for defying sanctions imposed on the software giant for antitrust violations, far exceeding the original
      – neuters,; AP  -  488 words
    • Article
      Lock icon US stocks lift after IBM okays buyback
      296 22 AP, Reuters US$l5 billion shares repurchase could boost EPS up to Si [NEW YORK] IBM will buy back US$l5 billion of its shares that could increase earnings this year by up to 5 cents a share, the company said on Tuesday. The news
      AP,; Reuters  -  296 words
  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      93 22 Frustrated by slow network or Internet access in your office? Worried about the confidentiality and integrity of your data? Concerned about security when you transact over the Internet? Faced with frequent virus or spam attacks even with the use of antivirus software? Wondering if you can prevent your staff from
      93 words
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  • AVIATION
    • Article, Illustration
      Lock icon CAI to help develop India's first private airport
      377 23  -  YEN SREENIVASAN It signs technical services agreement for Durgapur Aerotropolis airport By [SINGAPORE] Just a day after signing up to develop a regional airport in Vietnam, Changi Airports International (CAI) has inked a deal to help develop India's first private airport. The
      377 words
    • Article, Illustration
      Lock icon Air Asia aims to become biggest regional carrier
      380 23 Xinhua [KUALA LUMPUR] Malaysia's low-cost carrier Air sia has drawn up a six-year business plan that will see it carrying 70 million passengers a year from 2014, which will make it Asia's biggest carrier, local media reported yesterday. The figure is 3.5
      – Xinhua  -  380 words
    • Article
      Lock icon Beijing to open new airport terminal
      174 23 AFP [BEIJING] Beijing's giant new airport terminal will open tomorrow, an official said, marking the latest phase in the Chinese capital's stunning infrastructure boom ahead of the Olympics. Terminal Three at Beijing Capital Airport which is the size of 170 soccer fields will open
      AFP  -  174 words
    • Article
      Lock icon China Eastern rejects Air China bid
      312 23 -AFP China Eastern will continue seeking strategic investors [SHANGHAI] China Eastern Airlines, the country's third-largest carrier, has rejected a proposed alliance with Air China but added it would continue searching for strategic partners. China Eastern said late on Tuesday the proposal from China National
      -AFP  -  312 words
    • Article
      Lock icon Aviation suppliers see jet order slump in '08
      152 23 Reuters [CHlCAGO]Aviation equipment suppliers expect commercial jet orders to fall in 2008 from last year's record levels, but that will probably not mean volatility for their operations, executives told the Reuters Manufacturing Summit in Chicago. Leading plane makers Boeing Co and Airbus
      – Reuters  -  152 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2466 23 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 Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,466 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      386 23 CRYPTIC CROSSWORD ACROSS 8 Loose woman rendering song by old piano (7) Pj HE BH^ BBBBBF BT BF BF 10 Musical composition given __BB_BB__BBBBBj___BH__BB.^BH_ arrangement by our dean s r H lO I'/ S^^l G^^H E^^l E^^l fi^^l t^^l 11 Popular trend good for Paris __BH__HH__HH__HH__^H__HH__HH__ -and with witty person
      386 words
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  • SHIPPING/AVIATION
    • Article
      Lock icon Thai Airways posts 54% dip in profit
      114 24 Bloomberg [BANGKOK] Thai Airways International Pel, the country's largest carrier, posted a 54 per cent decline in profit in the last three months of 2007 because of currency fluctuations. Net income in the October-December period dropped to 1.84 billion baht (5585.4 million), or
      – Bloomberg  -  114 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        125 24 '000 :eb27 Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd. Ezra Hldgs First Ship Lease Freight Links Grand Banks Jaya 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 62 0 36
        125 words
      • Article
        Lock icon KLSE
        37 24 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.86 9.00 8.85 4.16 3.06 0.23 0.15 -0.01 0.05 -0.10 -0.02 unch -0.01 unch 91 321 81 150) 4) 17; 2(
        37 words
      • Article
        Lock icon BANGKOK
        12 24 '00 'recious Ship Regional Cont .27.50 .24.90 unch unch 471 267
        12 words
      • Article
        Lock icon HONGKONG
        11 24 '000 JOil iingamas Cont 44.70 ..2.29 1.95 0.02 1441 92;
        11 words
      • Article
        Lock icon PHILIPPINES
        22 24 '000 Aboitiz Equity ntl Container Keppel Marine <eppel Prop 7.10 31.50 2.22 unch 0.10 unch 0.12 unch 316! 105) 4( i
        22 words
      • Article
        Lock icon TAIPEI
        22 24 Evergreen Marine ...25.50 :irst Steamship 67.50 /Van Hai Lines 26.80 fang Ming Marine ..20.40 0.30 -1.10 0.75 0.25 21 i: 2.
        22 words
      • Article
        Lock icon TOKYO
        36 24 '000 :awasaki Hvy lnd...267.00 2.00 ***** :awasaki Kisen ...1141.00 6.00 6127 /litsubishi Hvy 517.00 -1.00 ***** /litsui Eng&Sbldg ..340.00 10.00 ***** /litsuiOsk Lines ..1463.00 -13.00 8291 lippon Express 574.00 9.00 4172 lipponYusen 1033.00 -13.00 6838
        36 words
    • Article
      Lock icon US Airways adds US$25 charge for second bag
      158 24 -AP [TEMPE, Arizona] US Airways Group Inc said it will start charging fliers US$25 to check in a second bag, the latest effort by the company to raise revenue and deal with rising costs. The new charge will begin on May 5
      -AP  -  158 words
    • Article, Illustration
      Lock icon China shipyard warns of sector slump
      741 24 Reuters Dalian Shipbuilding braces for slowing orders on fears of US recession [DALIAN, China] China's No 1 shipyard expects rosier 2008 earnings after having secured better prices, but warned yesterday of slowing orders for new ships as a United States economic recession threatens to
      – Reuters  -  741 words
  • Page 24 Advertisements
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      16 24 w Singapore AN E-MARKETPLACE BROUGHT TO YOU BY CATS CLASSIFIED, SINGAPORE PRESS HOLDINGS. BBAT^^^^- S n9
      16 words
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      Lock icon Page 24 Advertisements Column 2
      97 24 fmmmmiWmtukSf \»^B\ f" s^^ft Hfifl i» \'vß\ *VeTd tt?pv\^vt A »Wm m Breaking |0P He u« BE THE FIRST TO KNOW Monthly Subscription Rate Dial 155 tosion Business Finance News @$5.35/mth Singapore News @$4.28/mth U D lI OW 3 11 (I G II jOY •World News @$4.28/mth i|T l lftMl
      97 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Continuing uncertainty in Pakistan
      510 25 DESPITE the much-awaited election in Pakistan 10 days ago, a stable scenario has still not emerged. Various interests are at play. The husband of slain ex-premier Benazir Bhutto, AsifAli Zardari, said on Tuesday the new government has "bigger mountains" to climb than the immediate impeachment of
      510 words
    • Article, Illustration
      Lock icon A US Trojan Horse in an integrating Asia?
      976 25  -  ANTHONY ROWLEY Washington seen eyeing super-FTA with Tokyo to gain strong toehold in the region IS THE United States in danger of being "frozen out" of Asia as the region progresses (in somewhat haphazard fashion) towards greater economic and perhaps political integration?
      AP  -  976 words
    • Article, Illustration
      Lock icon Trying to prevent a US recession is a fool's errand
      786 25  -  ROBERT SAMUELSON THE BOTTOM LINE "STAGFLATION" is back in the headlines but the term is being misused. Americans are being told by eminent commentators that stagflation is the messy mixture of both high inflation and high unemployment. It isn't. Stagflation,
      786 words
    • Article, Illustration
      Lock icon 'Let's work for transparency and trust'
      1504 26  -  SURESH MENON So says German foreign minister to a question on sub-prime-related turbulence in financial markets. He is now in Singapore as part of a five-day visit to the region FRANK-WALTER Steinmeier, 52, is the new face of the European powerhouse Germany. The low-profile
      1,504 words
    • Article, Illustration
      Lock icon Protests ground Heathrow's growth
      907 26  -  PETER APPS Reuters Campaigners against the next phase of expansion are furious over noise pollution, carbon emissions and local disruption By SHINY, spacious and still having the construction dust brushed away before opening next month, London Heathrow's Terminal Five is Britain's latest bid to help unclog
      – Reuters  -  907 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8525 27 Transaction date: Feb 27 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E MCap $mil Company 5716 1st Software 22 6.5 3148 STelecom 28.5 11 5834 A-Sonic 107 98.5 6389 ABF SG Bond ETF 30 13.5
      8,525 words
    • Article
      Lock icon SGX XTRANET
      82 27 52-Wk Tel High Low Code Last Sale Vol COOO) Day 111 Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _Hm 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 IS S&P5OO *****
      82 words
    • Article
      Lock icon SGX CATALIST
      2042 27 Hii Low Code Comi Sale COOP] Hii Low By Seller C'vr P/E ,mil 30 11.5 1181 sAAGrp 41.5 18 5000 sABRHIdgs 31 18.5 8538 s APStrategic 16.5 3 1501 s Advanced System 38 27 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5 7814 s Albedo 46.5
      2,042 words
    • Article
      Lock icon CLOB INTERNATIONAL
      212 27 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      212 words
  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      26 27 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. Jm °!sg JS^K 9 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676.
      26 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      371 28 Feb 26 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminary 1047.2 0.7 -7.5 0.8 -8.7 0.9 -6.5 EAFE Prel liminan 1016.4 1.0 -9.3 1.3 -9.6 1.4 -7.. Euri Preliminary 1404.2
      371 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      133 28 As at 9am Feb 27 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2990 1.3150 Can dollar 1.4190 1.4370 Euro 2.0890 2.1140 NZ dollar 1.1340 1.1590 terlinc und 2.7680 2.8000 US dollar 1.3930 1.4100 Local dollars to 100 units of foreign
      133 words
    • Article
      Lock icon INTERBANK RATES
      160 28 Feb 27 Offer Bid Overnight 3/4 1-month 1 7/16 2-months 1 1/2 3-months 1 9/16 Overnight mode: 5/8 US$ Offer 5/8 1 5/16 1 3/8 1 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 3.13 3.15 3.13 3.14 3.07
      160 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 28 Feb 27 en Hjt Sett STI SIMSCI Feb 383.3 387.3 380 Taiwan Feb 326.8 334.7 330.7 Source: MF Global (S) Pte. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 28 Feb 27 Bid Offer 1-month 1.3954 1.3969 2-months 1.3935 1.3951 3-months 1.3920 1.3937 i-months 1.3876 1.3895 Source: OCBC
      21 words
    • Article
      Lock icon SICOM FUTURES
      271 28 Feb 27 IUBBER Futures (Closing prices) ISS 1 (S cents/kg) lonth High Low Close Sett Volume (tonnes) Open Interest Via r 08 \pr 08 Vlay 08 un 08 lul/Sep 08 Dct/Dec 08 401.25 404.50 406.00 405.75 405.75 405.00 ?SS 3 (US cents/kg) Month Hig ah Low Sett Volume
      271 words
    • Article
      Lock icon CHICAGO BOT
      103 28 Feb26\ SOYBEANS (5,000 bu min: US cents/60 lb bushels) Close Previous High/Low Mar 08 1466.75 1452.00 1473.00 1426.00 May 08 1484.25 1469.25 1493.00 1449.00 Jul 08 1497.50 1485.50 1505.00 1462.00 Aug 08 1489.00 1475.00 1490.00 1459.00 SOYBEAN/OIL (60,000 lbs:Uscent/lb) Close Previous High/Low Mar 08 64.27 63.60 64.30 62.90
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 28 CRUDE OIL PRODUCTS Feb 26 :RUDE (FOB origin) ISS/barrel Close Cham irent blend (1-Mth F) 98.76 1 VTI (Near Mth) 101.03 1.7 Jubai (1-Mth F) 92.61 -0.15 "apis blend 103.8 0.8 tflinas 97.85 -0.05 >RODUCT JSS/barrel (FOB S'pore) Close Change Maphtha let Kerosene 97.72 114.90 unch -0.4 JSS/barrel )pec Oil
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      469 28 Feb 27 AS_ CS Rmb Euro HKS Ind Rs Rut, Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USJ Australia 0.918 6.702 0.624 7.304 37.251 84.988 1.004 8.826 3.004 1.148 58.653 37.823 1.311 7.011 1.005 28.994 30.142 0.471 0.938 Canada 1.090 7.304
      469 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      91 28 Feb 27 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hit Day's h Low 3-Month BQ*****W 29.05.08 1-Year BY*****A 29.09.08 1.33 1.35 1.31 1.31 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
      91 words
    • Article
      Lock icon PRECIOUS METALS
      175 28 Feb 27 UtlLU tUaa/OZj tea zd tea z/ GOLD BULLION COINS (SS) Sellinc Hong Kong 944.90 958.30 945.90 959.30 Feb 26 Feb 25 London 942.50 934.50 943.40 935.20 Source: Reuters (SS) Selling Buying 1 oz 1489.44 1344 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $522.16 428 SILVER
      175 words
    • Article
      Lock icon SIBOR
      76 28 Feb 27 (US$) (SS) 3.***** 1.***** 1 mth 2 mths 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 3.***** 1.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP
      76 words
    • Article
      Lock icon PALM OIL
      62 28 Feb 27 Delivery Month Opening Range Sett Av Price Price Hit Vol Open Done Position Low Mar 08 3822 3845 3845 3798 191 2128 Apr 08 3838 3862 3882 3800 1948 ***** May 08 3846 3864 3886 3813 6898 ***** Jun 08 3845 3862 3884 3800 1178 4449
      62 words
    • Article
      Lock icon LONDON METALS
      70 28 Feb 26 Aluminium, 99.7% purity (US$/tonne) Close Previoui Cash 2940.00 2864.50 3 months 2976.00 2902.00 Copper, Grade A (US$/tonne) Cash 3 months 8335.00 8275.00 8238.00 8200.00 Lead (US$/tonne) Cash 3254.00 3 months 3240.00 3233.00 3220.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
      70 words
    • Article
      Lock icon LIFFE
      83 28 Feb 26 COCOA (E/tonne) Close Prev Hit h/Low Mar 08 1316 1303 1325/1305 May 08 1344 1330 1353/1336 Jul 08 1369 1354 1376/1361 Sep 08 1366 1354 1374/1361 COFFEE (USS/tonne) Close Pev High/Low Mar 08 2504 2544 2546/2495 May 08 2545 2582 2585/2535 Jul 08 2567 2601 2599/2556 Sep
      83 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 28 Feb 27 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3104 1.3124 0.9376 0.9381 Canadian dollar 1.4282 1.4303 1.0219 1.0224 Euro 2.1005 2.1028 1.5029 1.5031 NZ dollar 1.1414 1.1433 0.8167 0.8172 Sterlim md 2.7843 2.7875 1.9922 1.9921 US dollar 1.3976 1.3990
      154 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      363 28 Feb 27 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar08 Jun08 Sep08 Dec08 97.035 97.420 97.570 97.510 0 0 0 0 ***** ***** ***** 6715 EUROYEN FUTURES Mar08 99.150 99.155 Jun08 99.235 99.240 Sep08 99.315 99.320 Dec08 99.300 99.315B Mar09 99.245 99.260 Jun09 99.185 99.200B Sep09
      363 words
    • Article
      Lock icon BONDS & WARRANTS
      2190 28 BONDS WARRANTS Tel Code Company Tel Code Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left 3902FirstResourcesMBLECW*****2 .13.5 -0.5 1695 3708FirstResourcesMER ECW*****8 ....24 -0.5 833 0.5 230 0.5 130 4 2 3935STI 3000 BNP EPW*****7 26 -1.5 2853 0.0 0 3936STI 3100
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  • BizIT
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      Lock icon Handset maker dials up fresh start
      753 32 Singapore-based start-up MWg hopes to recapture its former glory with a line-up of premium products, reports WINSTON CHAI A HANDSET maker is rising from the ashes after falling victim to corporate divestment and it is hoping to use its new Singapore base to orchestrate
      753 words
    • Article
      Lock icon Asia sees new undersea cable race
      445 32  -  ONG BOON KIAT By THAT Google will lay submarine cables may have grabbed headlines this week, but for telcos and businesses in Asia, it will be the fact that more brand-new bandwidth will soon be available in Asia that is significant. For the first
      445 words
    • Article
      Lock icon SOE deal: winner unveiled today
      201 32  -  ONG BOON KIAT By THE consortium that will undertake the government's $1.5 billion Standard Operating Environment (SOE) outsourcing project will be unveiled today. The Infocomm Development Authority of Singapore (IDA) has called a news conference to announce the winning bid for the state's largest infocomm
      201 words
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      Lock icon S'pore corporations increasingly finding green is profitable: PwC
      657 32  -  AMIT ROY CHOUDHARY By WHILE today's business managers have become more environmentally conscious, easily measurable economic benefit is still the key driving force behind corporate green initiatives, both in Singapore and the rest of the world, according to a new study by
      657 words
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  • PROPERTY
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      Lock icon Room for growth in M'sian market: govt
      159 33 Bernama [KUALA LUMPUR] Prospects remain good for the country's property market with room for further growth, the director-gener-al of the Finance Ministry's Valuation and Property Services Department, Abdullah Thalith Md Thani, said yesterday. The market is, however, currently in a cautious mode in
      – Bernama  -  159 words
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      Lock icon HK Reits get a new lease of life
      635 33 Reuters Major acquisition, hotel trust listing may help revive investor interest [HONG KONG] Hong Kong's neglected real estate investment trust (Reit) market is stirring to life and may finally do what it's supposed to give investors stability, a decent yield and, possibly,
      Reuters  -  635 words
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      Lock icon Keppel Land unveils Viet project plans
      165 33 KEPPELLand, one of the largest property developers in Vietnam, on Tuesday presented the concept plans for its Saigon Centre in Ho Chi Minh City to a group of delegates led by Singapore President SR Nathan and Vietnam Deputy Prime Minister Hoang Trung Hai. Located
      165 words
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      Lock icon Capita Land plans US$300m Vietnam fund
      340 34  -  UMA SHANKARI It has also formed a partnership with a Vietnamese investment company By CAPITALAND, South-east Asia's largest property developer, plans to set up a US$3OO million property fund in Vietnam. The company also said yesterday it has forged a partnership with Vietnamese firm
      340 words
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      Lock icon wo more hotel sites put up for tender
      410 34  -  KALPANA RASHIWALA By TWO more hotel sites have been put on the market a 99-year leasehold plot in Race Course Road, offered by the Urban Redevelopment Authority, and a freehold plot in Bencoolen Street now occupied by Peony Mansion. Peony Mansion's owners
      FILE PHOTO  -  410 words
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      447 33 Collective Sale of Fort Road Terraces 100% Consensus Mountbatten pi 16 landed units Singapore" 7'"'0' KatongSwimming I Land area appr0x.3,430.2 sq m (36,922 sq ft) staSn lP»™ Q State land approx. 1,018.6 sq m (10,964 sq ft) MOUNTBATTEN RD MP 2003 "Residential" Plot Ratio 2.1 Subject a jE > Within
      447 words
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      177 34 f Net Area 12,000sft (Whole floor) I Location District 1 I (Minutes walk to Raffles Place) I Selling below market rate ®$35.76 m ®$2,980p5f. I I Above major MRT station I 5-storey of Retail Shopping, F&B outlets I Surrounded by Branded Hotels I Projected High Rental Yield of 6% or
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  • BY DESIGN
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      Lock icon Live, work, play the architect's way
      932 35 Tan Kay Ngee is following the footsteps of his grandfather who ran a business from the shophouse where he lived, says ARTHUR SIM THE notion that the best cities are those that blend small neighbour hood communities with large business districts is increasingly being
      JOHN HENG  -  932 words
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      Lock icon 10 things Tan Kay Ngee cannot do without
      192 35  -  HiapHoe An insightful series from Signature Hdmes by 1. Lots of natural light. This is supplied by the internal courtyard and the extra windows which required special permission from the authorities. 2. Books. Tan Kay Ngee says he can live without TV,
      192 words
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      112 35 A gnature Homes HiapHoe If (mk 9^^ believe that a good home design becomes great only when it matches :j^^^ W^m y°ur vision, aspirations and is an extension of who you are and how you want to live life. Renowned for our proud track record of excellent and impressive M
      112 words