The Business Times, 29 February 2008

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Microfilm: NL28832
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Friday, February 29,2008
    25 words
  • Article
    Lock icon So easy for winner of $1.3b govt outsourcing deal
    648 1  -  AMIT ROY CHOUDHURY EDS-led team clinches contract that could save govt $500 m over 8 years By [SINGAPORE] The government yesterday ended the suspense over its mega outsourcing deal and announced that the One Meridian consortium, led by IT services company
    648 words
  • Article
    Lock icon Property players sweat over lending squeeze
    819 1  -  KALPANA RASHIWALA SIOW LI SEN Banks batten down hatches amid global turmoil and as big deals suck liquidity By and [SINGAPORE] The squeeze is on. Banks have tightened financing for property investment deals, which include big transactions like sales of office blocks and development
    819 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      28 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONGKONG 5.75 INDONESIA 15.825 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 6.00 CANADA 5.75 SWITZERLAND 4.30 INDIA 12.25 Source:
      Bloomberg  -  28 words
    • Article
      Lock icon MARKETS
      46 1 lursi lay lange 1COMP 1,368.27 -8.35 IIKKEI225 13,925.51 -105.79 1ANG SENG 24,591.69 +107.85 ;et index 842.12 +10.08 JAKARTA COM P 2,756.31 +16.18 IANILACOMP 3,112.85 +7.85 ;eoulcomp 1,736.17 +15.28 ;henzhen b 624.61 -3.17 IUMBAI IND 17,824.48 -1.51 11AM EDT 12,612.30 Change -81.98 )OW IASDAQ 2,344.80 -8.98
      46 words
    • Article
      Lock icon FOREX
      36 1 IS$ (S$ per US$) 1.398 (US$/S$ ier£) 1.980 2.768 ;URO(US$/S$/E) 1.510 2.111 'EN 106.40 76.10 3.205 2.293 IK$ 7.784 5.569 !AHT 32.01 22.90 lUPIAH 9,085 6,499 lENMINBI 7.115 5.090 INDIAN RUPEE 39.84 28.50 1.065 0.762
      36 words
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      3 1 8 *****1 *****4
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      152 1 Master piece ___^^____t x_^_k. x. jfs^> l V| tourbillon movement remains the exclusive I preserveofahandfulofwatch"Manufactures".As 1 a member of this extremely select circle, Chopard has innovated bycreatingtheworld-firstvariable--1 Ji inertia balancethatgreatlysimplifiesadjustment. L__J P The tourbillon carriage visible through the dial is held by a dynamically shaped bridge. Both the case and
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      71 1 laHfffl BOOKS yW THAKSIN KWEK LENG BENG t Jm*% 1 I Eric Clapton and Jl*Js Back in Thailand; CDL boss punctures Guns N' Roses k /> pledges to quit politics popular wisdom iwsm I PAGE 27 J Mr jf PAGE 2 PAGE 3 J J SINGAPORE MASTERPIECE Can the island
      71 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Thaksin returns, pledges to stay out of politics
      570 2 Bloomberg, AFP, Reuters Finance minister says he may consult ousted PM on Thailand's problems [BANGKOK] Thaksin Shinawatra, the ousted prime minister who made an emotional return to Thailand from exile yesterday, has ruled out returning to public life or seeking revenge against
      Bloomberg, AFP, Reuters; AFP  -  570 words
    • Article
      Lock icon American economy skids to near halt in Q4
      471 2 -AP LATEST US DATA Mere 0.6% growth reflects twin slumps in housing, credit [WASHINGTON] The United States economy skidded to a near halt in the final quarter of last year, clobbered by dual slumps in housing and credit that caused people and
      -AP  -  471 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon CDL boss punctures popular wisdom
        64 2 CITY Developments executive chairman Kwek Leng Beng yesterday turned a popular market view of the Singapore residential sector on its head. Many have whispered that the high-end residential segment is in danger of being hardest hit by the sub-prime crisis while the mid-tier and mass-market
        64 words
      • Article
        Lock icon Chemoil to expand terminals in S'pore, Arabian Gulf
        69 2 CHEMOIL Energy plans to expand its Arabian Gulf and Singapore terminals and wants to build a terminal in Panama, chairman and chief executive Michael Bandy said yesterday. Mr Bandy, speaking after the inauguration of Chemoil's US$l22 million terminal on Jurong Island, said
        69 words
      • Article
        Lock icon China Aviation Oil to start trading again this year
        88 2 AFTER a forced hiatus no thanks to the earlier 2004 speculative derivatives trading scandal which cost it US$55O million losses China Aviation Oil (Singapore) is preparing to resume trading of oil and petrochemical products this year. CAO chairman Lim Jit Poh
        88 words
      • Article
        Lock icon Marina Bay to provide 1.1m sq m of office space
        80 2 THE upcoming financial district at Marina Bay will be twice the size of London's Canary Wharf and will provide as much Grade A office space as Hong Kong's Central. National Development Minister Mah Bow Tan told Parliament yesterday: "When completed,
        80 words
      • Article
        Lock icon EU wants state wealth funds to agree to IMF code
        63 2 THE European Commission has called for an international agreement to limit the political influence of sovereign wealth funds and avoid imposing rules that could stifle investment by the state-owned capital pools. The commission wants investors to agree to a code
        63 words
      • Article
        Lock icon CNOOC keeps mum on US$16b deal with Iran
        52 2 CHINA'S National Offshore Oil Corp (CNOOC) kept silent yesterday on reports that it has clinched a US$l6 billion agreement to develop Iran's North Pars gas field, a deal that the US plans to scrutinise for possible violations of UN sanctions. GREATER CHINA,
        52 words
    • Article
      Lock icon S'pore is not a tax haven: George Yeo
      354 2 Reuters It is a low-tax nation with no parallels to Liechtenstein [SINGAPORE] Singapore said yesterday it is not a tax haven but a low-tax country and that there are no parallels between it and Liechtenstein, where rich Europeans have been dodging tax
      – Reuters  -  354 words
    • Article, Illustration
      Lock icon CDL boss punctures popular wisdom
      679 3  -  KALPANA RASHIWALA Mid-market may not shine and high-end is unlikely to collapse, he says By [SINGAPORE] City Developments Ltd (CDL) executive chairman Kwek Leng Beng yesterday turned a popular market view of the Singapore residential sector on its head. Many have whispered that the high-end
      JOSEPH NAIR  -  679 words
    • Article
      Lock icon A tale of the Budgets of two cities
      666 3  -  ANNA TEO COMMENTARY Spore, HK display stark similarities and differences By I™HE latest Budgets of Singapore and Hong Kong add another chapter to the recurrent tale of the two cities. And this one reinforces not just the strong similarities of the traditional
      666 words
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      108 2 Sin Hua Gallery Citigold Select proudly present Sn£rejn& Cutriti/ /"The Art of Chen Jialing 6 sy* ygii^^n //p a. A Loving Couple by Chen Jialing, 68 x 67.5 cm 7 /vrsf noticed your work a long while back. It was about 20 years ago at the Jinjiang Hotel in Shanghai
      108 words
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      Lock icon Page 2 Advertisements Column 2
      88 2 DGODIg Hunting season IA/orlc has be 9un(Target: Private Bankers) www.thepeopleatwork.com Asia-Pacific Executive Search live the Ultimate. HHHiI I nroneftv Own the world's Ultimate "Tj» ,^fl Home Entertainments Lifestyle Technologies I IJLjL I— X T Cxj .1 <^fl custom-engineered to the aspirations HtPSi!! 9k-ei'«M<wL- U of your ultimate lifestyle. K^jga ■■>■
      88 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon CDL able to weather uncertainty for next 3 yrs
      905 4  -  KALPANA RASHIWALA It posts full-year profit of $725 m; bottom line would be $2.8b if fair value gains included By THE top brass at City Developments Ltd (CDL) yesterday said the property group has "the financial muscle to weather the current
      FILE PHOTO  -  905 words
    • Article
      Lock icon An appetiser before the main course?
      695 4  -  YEN SREENIVASAN SO it's official. The controlling shareholders of Kirn Eng Holdings will not sell any of their shares to incoming shareholder Mitsubishi UFJ. And why should they? Although Kirn Eng is Singapore's second-biggest stockbroking player after larger rival UOB Kay Hian it has
      695 words
    • Article, Illustration
      Lock icon Chemoil charts expansion plans
      407 5  -  RONNIE LIM It wants to expand terminals in Arabian Gulf and Spore, build one in Panama By MARINE fuel supplier Chemoil Energy plans to expand its Arabian Gulf and Singapore terminals and wants to build a terminal in Panama, chairman and chief executive Michael Bandy said
      407 words
    • Article
      Lock icon Fair-value gains help double OUE profit
      290 5  -  WINSTON CHAI By DESPITE a decline in revenue, revaluation gains helped Overseas Union Enterprise (OUE) lift full-year 2007 net profit to $645.9 million, almost double 2006's $330.8 million. The surge in profit attributable to equity-holders was largely due to fair-val-ue gains of $328.9 million
      290 words
    • Article
      Lock icon Wilmar seeks to raise its products' prices in China
      441 5  -  CHEW XIANG By r> a PALM oil giant Wilmar will apply to the Chinese government "soon" for permission to increase prices for its cooking oil products in that country, chairman and chief executive officer Kuok Khoon Hong said yesterday. "We're still
      441 words
    • Article
      Lock icon Banyan Tree fund gets first US$l00m
      402 5  -  WEE JUN KAI By BANYAN Tree Holdings, which is seeking a commitment of US$3OO-400 million for an Indochina real estate development fund, unveiled yesterday the first closing with three parties committing a total of US$lOO million. The announcement accompanied Banyan Tree's release oi fourth-quarter
      402 words
    • Article, Illustration
      Lock icon CAO to resume oil trading
      587 7  -  RONNIE LIM But no speculative options trading any more; and with checks, risk limits By AFTER a forced hiatus no thanks to the earlier 2004 speculative derivatives trading scandal which cost it US$55O million losses jet fuel supplier China Aviation Oil (Singapore) is preparing to
      FILE PHOTO  -  587 words
    • Article
      Lock icon SCS books $18m profit in 2007
      413 7  -  AMIT ROY CHOUDHURY By YESTERDAY was a specially memorable day for local information and communications service provider Singapore Computer Systems Limited (SCS). In the morning, it announced a 140 per cent jump in 2007 full-year net profit to $17.6 million, from 2006's $7.3 million.
      413 words
    • Article
      Lock icon Sixfold surge in Allgreen 2007 profit
      341 7  -  UMA SHANKARI By ALLGREEN Properties' 2007 net profit surged more than sixfold to $493.5 million on the back of a fair value gain of $348.5 million on its investment properties. In contrast, the developer recorded net profit of $75.9 million for 2006. Excluding revaluation
      341 words
    • Article, Illustration
      Lock icon Swissco net triples; Sinwa's rises 4.5%
      479 8  -  VINCENT WEE Swissco's profit rises to $40.2 m from $12.7 m; earnings up at $7.9 m for Sinwa by SWISSCO International's 2007 net profit more than tripled to $40.2 million from $12.7 million on the back of the booming shipping and offshore oil and
      FILE PHOTO  -  479 words
    • Article
      Lock icon UOB wins Best Overall Fund Group award
      159 8  -  LYNETTE KHOO By TOP performing funds and fund groups yesterday received recognition at the Edge-Lipper Singapore Fund Awards 2008 for strong, consistent, risk-ad-justed performance compared with their peers. These included UOB, which clinched the Best Overall Fund Group award for delivering consistently strong
      159 words
    • Article
      Lock icon Kingsmen FY07 net profit jumps 90% to $9.4m
      533 8  -  YEN SREENIVASAN Order book, at $66m now, seen growing with IRs, Orchard Rd By COMMUNICATIONS design specialist Kingsmen Creatives Ltd has almost doubled its full-year earnings and built up a record order book, thanks to buoyant conventions, exhibition, events and retail business.
      533 words
    • Article
      Lock icon Sihuan holding talks for potential acquisitions
      382 8  -  CHEN HUIFEN By SIHUAN Pharmaceutical Holdings is shopping for a number of acquisitions and is in talks with a few potential partners for possible deals. The company is eyeing drugs marketing firms and research and development (R&D) companies focusing on cardiocerebral vascular (CV) drugs.
      382 words
    • Article
      Lock icon At a glance
      386 8 Full year ended Dec 2007 Wilmar Intl 834.62 310.52 168.8 *****.33 *****.01 134.7 CityDev 724.99 351.66 106.2 3106.11 2546.80 22.0 Allgreen 493.46 75.94 549.8 568.84 476.51 19.4 PacCentury 357.15 17.96 1888.9 2.89 2.94 -1.5 UOB-KayHian 273.39 137.16 99.3 819.64 441.30 85.7 China Aviation Oil 242.06 328.20 -26.2
      386 words
    • Article
      Lock icon Pan Hong 2007 profit nearly quadruples to 185m yuan
      308 8  -  OH BOON PING By PROPERTY developer Pan Hong nearly quadrupled its net profit to 184.9 million yuan (5536.3 million) for the year ended Dec 31, thanks to strong sales from a project in China. Likewise, full-year sales nearly quadrupled to 564.9
      308 words
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      Lock icon Page 4 Advertisements Column 1
      315 4 URA SALE OF SITES Land Parcels A B For Office Development At Scotts Road Anthony Road IH Scotts NEWTON JAUA 5 gess- circus jw Environment! fc \t*s Building V <^ CairnhillCC c J^T t Goodwood flo4o JSr a Park Hotel Anglo-Chinese Junior School Far East Plaza t m ATTRACTIVE SITES
      315 words
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      Lock icon Page 4 Advertisements Column 2
      39 4 I This announcement appears as a matter of record only. rjC\ HOUSING 4> DEVELOPMENT I U J BOARD *****,000,000 1.64% Notes due 2010 issued under HDB's 557,000,000,000 Medium Term Note Programme Lead Manager Citicorp Investment Bank (Singapore) Limited citi
      39 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Commodity plays hit as STI slips 20 pts
      586 6  -  R SIVANITHY STOCKS China shipyard stocks such as Cosco and Yangzijiang also among the losers COMMODITY plays and China shipyards stood out among the losers in yesterday's session, which saw the Straits Times Index (STI) fall 20.30 points to 3,074.15. After rising
      : Bloomberg  -  586 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      89 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 5 8 4 0 0 0 lanufacturing 44 83 55 13 49 92 Commerce 27 29 19 31 36 "pt/Stor/Comms 23 24 ■inance 19 19 Construction 10 15 'roperties 16 18 16 18 lotels/Rsts iervices 15
      89 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 22,178 22,178 125,759 125,759 lanufacturing 354,484 24,575 379,059 381,016 3,827 384,843 Commerce 63,210 8,587 71,797 77,934 1,551 79,486 3t/Stor/Comms 84,394 159 84,553 245,628 51 245,679 :inance 35,975 35,975 330,016 330,016 Construction 40,578 42,104 82,682 13,295 7,742 21,037 ■roperties 66,135
      117 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      107 6 lapitaLand 6.630 +0.070 :apitaMall 3.350 +0.040 jtyDev 12.480 +0.160 losco Corp 4.140 -0.060 IBS Grp 17.520 -0.180 :&N 4.890 -0.090 Sent Intl 0.620 IK Land 4.450 +0.040 ISH 16.220 +0.400 lardine C&C 21.500 +0.540 leppel Corp 10.980 -0.120 leppel Land 6.100 +0.030 IOL 3.250 +0.040 loble
      107 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      945 6  -  UMA SHANKARI United Overseas Bank Feb 28 close: 5518.34 OCBC Investment Research, Feb 28 EARNINGS came in within expectation: United Overseas Bank (UOB) posted a 12 per cent rise in FYO7 net profit to 552.109 billion (excluding one-offs from FYO6), in line with our expectation of 552.111 billion.
      Bloomberg  -  945 words
    • Article, Illustration
      Lock icon US$ slump deepens after data releases
      533 6  -  LARRY WEE CURRENCIES THE unpopular US dollar again suffered fresh mul-ti-year lows in overnight trading, hurt by more negative US data releases. In Asian trading yesterday, the Chinese yuan enjoyed the largest one-day gain on record since it was de-pegged from the US dollar
      Reuters  -  533 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      51 6 Feb 28 VALUE CLOSE -71.00-399.00 BT OB/OS BT CADI -*****.00-119.00 BT 10-day MA -*****.00 -7.00 FTSE ST Mid Cap 798.66 -6.77 FTSE ST Small Cap 696.97 -5.40 FTSE ST All Share 794.81 -5.66 FTSE ST China 527.42 -9.36 SIMSCI 378.88 -2.66 SIMSCI Futures 378.90 -1.10 PrimePartnersCI 174.00
      51 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Synear 44,187,000 Yanqzijianq 36,696,000 Golden Agri 28,847,000 Sing Tel 25,124,000 Wilmar 24,945,000 Thai Beverage 20,658,000 SingTelMBLeCWOBO6O3 19,108,000 Sapphire 18,957,000 China Hongxing 18,391,000 Capita Land 16,394,000 VALUE(S) Wilmar 115,780,890 Capita Land 108,787,390 DBS Grp 108,668,900 OCBC Bk 104,329,849 Sing Tel 97,251,300 Keppel Corp 67,691,507 UOB 55,971,960 SGX
      57 words
    • Article
      Lock icon RISES
      106 6 BY CENTS CLOSE UP 1622 55.9 2.5 JSH Jardine C&C 2150 54.0 2.6 RSH Ltd 128 38.0 42.2 JMH 2792 25.2 0.6 China H 10US$ 1810 21.0 0.8 DBS Bk6% NCPS 10 ***** 20.0 0.2 At 1248 16.0 1.3 'arkwa' Hid. 301 16.0 5.6 Sham iLa Asia 2380 14.4
      106 words
    • Article
      Lock icon FALLS
      122 6 BY CENTS CLOSE DOWN IndoAi iri 277 -37.0 -11.8 Wilmar 451 -35.0 -7.2 SC Global W*****0 91 -29.0 -24.2 SIA 200 1550 -28.0 -1.8 MBUCW*****0 328 -27.0 -7.6 StraitsAsia 382 -27.0 -6.6 S I A 1556 -24.0 -1.5 DBS MBLiCW*****0 500 -22.0 -4.2 FirstRes 155 -19.0 -10.9 iBS Gri
      122 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      86 6 Feb 28 CHNG CLOSE FR Feb 27 YR 2008/07 S$ LOW S$ HIGH USS 1.3970 0.02 1.5479 1.3950® Euro 2.1095 -0.24 2.1639 1.9913 Pounds 2.7693 0.39 3.1194 2.7390 AS 1.3146 -0.17 1.3555 1.1741 Yen* 1.3110 0.12 1.3821 1.2285 Rupiah* 0.***** 0.13 0.***** 0.***** Baht* 4.3643 -0.35
      86 words
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      133 7 P"3""~ "i H fill tIEI lufi&^fc"^*t'S~ —"■*■■—"wm^S{ ~jjn BH map »J a— »^"~'.-'i """^^'^"PHl^^BiTTrH ''~*=*ZjiE~i£3j3'Bfi '"if* f"y y-^fy-Zf'i|" H '■^=j*tfsa'^gs^j§P ml^^§Ssm&t&t£^^\^^^^ -.^j^^ 3D r cc For over 150 years, Standard Chartered Bank has made a real difference to the lives of millions of customers and communities worldwide. Through personal and
      133 words
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      83 8 The TRUE MPV ■^v EXPECTTHE LUXURY OF AUTOMATIC GADGET IN RICHBURG'S ESTIMAAERAS G SERIES RICHBURG One Touch Intelligent Auto Retractable 3 rd Row Seat Power Back Door motors >OA "Premium" MPV SUV Pro-Shop (Jiff/// The ESTIMA G Series is equipped with an automated 3 rd row :===::===4 x^^/ retractable seat
      83 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Marina Bay to provide 1.1m sq m of office space
      351 9  -  UMA SHANKARI YESTERDAY IN PARLIAMENT It will become a seamless extension of Raffles Place, says Mah By THE upcoming financial district at Marina Bay will be twice the size of London's Canary Wharf and will provide as much Grade A
      URA  -  351 words
    • Article
      Lock icon HDB will cater to buyers with different income levels: Mah
      384 9  -  UMA SHANKARI By THE Housing Development Board (HDB) will continue to provide a range of housing options to cater to buyers of differing income levels and aspirations, Minister for National Development Mah Bow Tan told Parliament yesterday. He was responding
      384 words
    • Article
      Lock icon Security lapse led to JI leader's escape
      384 9  -  CHEW XIANG By JEMAAH Islamiyah leader Mas Selamat Kastari escaped through a toilet at the Whitley Road Detention Centre, Deputy Prime Minister and Minister for Home Affairs Wong Kan Seng told Parliament yesterday. "He was taken out of his cell to go to
      384 words
    • Article
      Lock icon Newton area growing as a hub for hybrid offices
      436 9  -  ARTHUR SIM By NEWTON is shaping up as a centre for hybrid offices, with another company, The Ascott Group, moving to the neighbourhood. The Urban Redevelopment Authority (URA) also said yesterday that it would release not one, but two, transitional office
      436 words
    • Article
      Lock icon Forbes honours bighearted Singaporeans
      522 9  -  CHEN HUIFEN Sim Wong Hoo, Mavis Khoo among those mentioned By ALTHOUGH engineering consultant Wee Lin doesn't lay claim to huge fortunes or an organised foundation, he has earned a mention on Forbes Asia's Heroes of Philanthropy list. A descendant of shipping tycoon Wee Bin, Wee
      522 words
    • Article
      Lock icon How to make a winning pitch to host the Olympics
      395 9  -  LAN POH By TO convince people that your proposal is the best, you need to appeal to universal qualities in your presentation, but with a practical awareness of the situation at hand. Underlying all this must be genuine conviction, which
      395 words
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      1132 9 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
      1,132 words
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  • ECONOMY WATCH
    • Article
      Lock icon EU pushes state wealth funds to agree to IMF code
      463 10 Reuters To avoid regulation, it calls for accountability, transparency, predictability [BRUSSELS] The European Commission has called for an international agreement to limit the political influence of sovereign wealth funds (SWFs) and avoid imposing rules that could stifle investment by the
      Reuters  -  463 words
    • Article
      Lock icon Japan's economy is at a standstill, says Tokyo
      463 10  -  ANTHONY ROWLEY Concern grows it could follow the US into recession By in Tokyo JAPAN'S economy is "at a standstill" and cutting interest rates would do little do revive it, a prominent member of the Bank of Japan's policy board, Atsuhi Mizuno,
      463 words
    • Article, Illustration
      Lock icon US sets up sovereign wealth funds task force
      289 10 Reuters [WASHINGTON] US lawmakers yesterday unveiled a task force to examine wealth funds owned by foreign governments. "This bipartisan task force will explore issues surrounding sovereign wealth funds with an eye towards determining the need for legislative action," said Representative Jim Moran,
      – Reuters; AFP  -  289 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7872 10 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.935. Star Europe Bond 1.196/ Star Europe Bal 1.173/ Star Asian Tiger Eqty 1.504/ Star Asia Bond 1.202/ Star Asia Balanced 0.997/ Star Global Technology Fund!** 0.195/ Multi St Fd 0.864/ Star Asia Bond(USD) 0.857/ Gib Multi St USD
      7,872 words
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  • MALAYSIA
    • Article
      Lock icon Campaigning spills into cyberspace
      702 11  -  S JAYASANKARAN Spoofs, skits posted on You Tube, blogs, circulated via e-mail By in Kuala Lumpur EVERYONE'S getting into the act where the Malaysian general election is concerned. Even theatre groups, albeit inadvertently. Consider Comedy Court, the long established duo of Alan Perera and Indi Nadarajah
      702 words
    • Article
      Lock icon Telekom to maintain control of mobile unit
      267 11 Bloomberg [KUALA LUMPUR] Telekom Malaysia Bhd, South-east Asia's second-largest phone company, said it will keep control of its wireless business in any stake sale, dimming the appeal for potential suitors including Orascom Telecom Holding SAE. "We must be able to actually control its
      . – Bloomberg  -  267 words
    • Article, Illustration
      Lock icon Economy can beat 2008 target: Abdullah
      578 11 Reuters MALAYSIA ELECTIONS Malaysia's resilient economy is turning into a key political weapon for him mentary seat for the first time, Mr Azim's lawyers sent him a letter demanding an apology and retraction or else. Mr Petra's response was to publish the letter of
      – Reuters  -  578 words
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  • INDONESIA
    • Article, Illustration
      Lock icon Indonesia faces power crisis
      773 12 Reuters Poor planning, ageing plants, rising demand could lead to more outages [JAKARTA] Sudden blackouts on two key Indonesian islands last week may be just the start of a spiralling two-year power crisis that could stymie economic growth, curtail resource exports and trigger social unrest. Outages
      – Reuters; REUTERS  -  773 words
    • Article
      Lock icon Court backs Tommy Suharto in lawsuit
      189 12 Reuters [JAKARTA] An Indonesian court has ruled in favour of the youngest son of former Indonesian President Suharto in a lawsuit against the state logistics agency and ordered the body to pay damages of five billion rupiah(Ss772,44s). In August last year, the logistics agency,
      – Reuters  -  189 words
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      1649 12 SHI/WINS \4>P SHINING CORPORATION LTD (the "Company") Company Registration Number *****4729G (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Company will be held at 11 Changi South Street 3, #04-01, Singapore *****2 on 18 March 2008
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      1608 12 I uoxm .r r.... urmuo IN THE MATTER OF ALLGREEN PROPERTIES LIMITED Tu™.™™™ the companies act Company Registration No,: *****1009N aZHmSSaSm SO (cSa^ER (Incorporated in the Republic of Singapore) THE COMPANIES ACT, CHAPTER SO The Board of Directors wishes to announce the following unaudited results of the AND Group for
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  • GREATER CHINA
    • Article
      Lock icon CNOOC keeps mum on US$16b deal with Iran
      585 13 AP US to scrutinise contract for any breach of its sanctions law [SHANGHAI] China's National Offshore Oil Corp (CNOOC) kept silent yesterday on reports that it has clinched a US$l6 billion agreement to develop Iran's North Pars gas field, a deal that
      AP  -  585 words
    • Article
      Lock icon Chinese drivers conned by illegal tollgates
      119 13 -AFP [BEIJING] Illegal road tolls in China have been used to con at least US$3.l billion from unsuspecting motorists, state media reported yesterday. More than 150 illegal tailgates across the country had collected 14.9 billion yuan (552.9 billion) by the end of 2005, state
      -AFP  -  119 words
    • Article
      Lock icon Dumplings not contaminated in China
      359 13 -AP Suggestions that poisonings were deliberate [BEIJING] Chinese authorities yesterday said that their investigation shows that there is little chance that dumplings tainted with pesticides and blamed for sickening at least 10 people in Japan were contaminated in China. There have been suggestions in both
      -AP  -  359 words
    • Article
      Lock icon Pillaged China palace park opposes copy plan
      266 13 Reuters [BEIJING] China's Old Summer Palace, vast imperial gardens whose destruction 148 years ago remains a potent symbol of China's one-time domination by the West, has publicly opposed a company's plan to build a copy, claiming it as unique. The Old Summer Palace
      – Reuters  -  266 words
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      663 13 "Peony Mansion". Nos 46 to 52 [Even] Bencoolen Street Land Area 1,111.5 sq m middle Lad i State Lands: 256.4 sq m Sunshine plaza I I NAFA Total 1,367.9 sq rrT I— Sommerset Master Plan Hotel, Plot Ratio :4.2 5 p E ny -J MANSION Hotel 81 Title Leasehold, 999
      663 words
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  • INDIA
    • Article, Illustration
      Lock icon Chidambaram in a tight corner over budget
      753 14  -  ANDY MUKHERJEE COMMENTARY By NDIAN Finance Minister Palaniappan Chidambaram will be a genius if his budgetary proIposals, which he will announce in Parliament today, don't damage the economy. The minister is in a tight corner. The ideal Indian budget at this juncture would
      REUTERS  -  753 words
    • Article
      Lock icon Singapore woos Indian tourists
      160 14 -AFP [BANGALORE] Singapore wooed Indian visitors at a tourism roadshow on Wednesday as it chased its target of greeting one million travellers from the South Asian nation by 2009. Singapore Tourism Board officials met with the Indian travel industry in the high-tech hub of Bangalore, dangling
      -AFP  -  160 words
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      221 14 I K^- Travel is more than just A to B. Travel should whet your appetite. j^L Ifct "cu/inary genius" according to /(flgat. Btvl One of the "Ten Chefs of the Millennium" says Food Wine magazine. t». Guerf GhefSusur Lee creates sublime compositions that blend textures and flavours in sensuous harmony.
      221 words
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  • MIDDLE EAST
    • Article, Illustration
      Lock icon Abu Dhabi fund starts to turn heads
      757 15 -NYT ADIA's high-profile US investments has put the fund under the spotlight [NEW YORK] Abu Dhabi has 10 per cent of the world's oil and 0.02 per cent of its population. The result is a surfeit of petrodollars, much of which is funnelled
      -NYT; I BLOOMBERG FILE PHOTO  -  757 words
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      392 15 What You Can See Depends on the Weather I Zap this code now to view weather forecast details in selected cities in China. Zap to be a smarter traveller today. Code Number: *****01 A Zapping is easy. Just SMS "Zap" to ***** (*****401 for pre-paid users) to download the software
      392 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Bets are off as US casinos feel economic pinch
      472 16 Reuters Harrah's and Boyd Gaming Corp both report weaker quarterly earnings [LOS ANGELES] Casinos, generally seen as reces-sion-proof, are beginning to feel the pain of the slowing US economy. The gambling industry has expanded rapidly in recent years after more US
      Reuters; REUTERS  -  472 words
    • Article
      Lock icon Diversify from China into SE Asia: analyst
      380 16  -  OH BOON PING By ASIAN consumer spending is set to be a key economic driver, and investors should diversify away from China into South-east Asian markets, UK-based Seven Investment Management is advising. Its director Justin Urquhart Stewart is also advising clients to be
      380 words
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      271 16 LUAUKY K^jll Embark on a culinary BB^^HHHMHHHBHIIiH KIA discovery at the PJHE cifeVta^) Zenden Buffet ■m 7 m^^^^^T Savour our buffet spread of Zenden's I\CISI ±dddflQ \^eafood is back, by popular demand. g^m soup of the day, a fine array of Lunch Promotion Super Value Seafood Buffet tf^M and Pour
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  • WORLD
    • Article, Illustration
      Lock icon US official hints at stiffer bank rules
      462 17 Bloomberg [NEW YORK] Regulators did not look closely enough at the top-rated sub-prime-linked investments that caused banks the largest losses and may need to revise international capital rules, the US comptroller of the currency said. "While the Basel II framework recognised the greater
      Bloomberg; REUTERS  -  462 words
    • Article
      Lock icon SWFs, Cerberus eye stakes in bond insurers
      529 17 Reuters Insurance companies trying to raise money and hang on to their top ratings [NEW YORK] Sovereign wealth funds (SWFs) and private equity firm Cerberus are looking at investing in bond insurers as the insurance companies try to raise money and hang on
      – Reuters  -  529 words
    • Article
      Lock icon BURSA MALAYSIA
      2292 17 :eb28 :eb 28 RM ASM Realty 0.62 \bric Bhd 0.21 advance Synergy 0.14 Adventa Bhd 1.25 Ae Multi Hldgs 0.27 Win Holdings 2.28 Ahmad Zaki Resou 1.24 AicCorp 0.62 \irasia Bhd 1.59 Akn Technology 0.54 alliance Financi 2.88 AluminiumCo 1.08 Amalgamated Ind 0.48 tamb Hldgs Bhd 3.72 Amtel
      2,292 words
    • Article
      Lock icon Regulators remove loan limits on Fannie, Freddie
      237 17 -NYT [NEW YORK] Federal regulators for Fannie Mac and Freddie Mac, the biggest buyers of American home mortgages, will remove limits on the amount of loans and securities that the companies can own, a step that could help bolster the weakening housing market.
      -NYT  -  237 words
    • Article
      Lock icon US accounting rule-making body to be downsized
      330 17 Bloomberg [NEW YORK] The board that sets United States accounting standards will be reduced to five members from seven, and its chairman will have more power in setting its agenda under a plan adopted by the Financial Accounting Foundation. The foundation, which oversees
      – Bloomberg  -  330 words
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      115 17 1m KB advertise cl toll free 111 MI Email fecroit@sph.com.sg Scan-Ims V WORLDWIDf m OWNER MANAGERS OPERATORS PROJECT HEAVYLIFT IMO Scan-Trans Malaysia has a vacancy for an experienced "Ship Operator" A qualified candidate will be able to recognize herself himself as: well organized fluent in English both oral and writing
      115 words
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  • AVIATION
    • Article, Illustration
      Lock icon China yet to meet aviation demand
      604 18 [BElJlNGlßeijing's enormous new airport terminal is the most potent symbol of a frantic aviation boom in China, but the infrastructure surge is still struggling to match soaring demand, analysts say. While airport expansions elsewhere around the world are often mired in planning disputes, China
      AP  -  604 words
    • Article
      Lock icon AAPA airlines passenger load up 5.8% in Jan
      368 18  -  YEN SREENIVASAN Changi Airport's passenger traffic in January grows by 5.7% to 3.1 m By [SINGAPORE] Preliminary figures show that 12.6 million passengers were carried on international flights by members of the Association of Asia Pacific Airlines (AAPA) in January, an increase
      368 words
    • Article
      Lock icon AirAsia quarterly earnings soar 73%
      118 18 -AP [KUALA LUMPUR]Malaysian low-cost carrier, Air sia, said on Wednesday that its net profit in the Octo-ber-December surged 73 per cent from a year ago as robust passenger demand helped offset the impact of high fuel prices. Profit for the quarter reached RM245.7 million (*****.1
      -AP  -  118 words
    • Article, Illustration
      Lock icon Delta merger deal stalls on pilot talks
      371 18 Bloomberg [ATLANTA] Delta Air Lines Inc, in talks to combine with Northwest Airlines Corp, said it hasn't reached a satisfactory agreement, while bargaining between the carriers' pilots unions stalled over seniority. Any deal must preserve worker seniority as well as the Delta name
      Bloomberg; AP  -  371 words
    • Article
      Lock icon India defers bidding in fighter jet contract
      182 18 -AFP [NEW DELHI] India has extended a deadline for global military aviation giants to bid on a contract to supply 126 fighter jets worth as much as US$l2 billion, officials said yesterday. The announcement of the two-month extension comes after reports that one
      -AFP  -  182 words
    • Article
      Lock icon Tokyo puts off airport ownership decision
      229 18 Reuters [TOKYO] Japan's government appears set to put off a decision on limiting foreign ownership in airports until next year or later, delaying a key test of how open the world's second largest economy is to foreign investors. The transport ministry had been preparing
      Reuters  -  229 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2537 18 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AIC), AY: Finnan 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 Airlin ways Corpn
      2,537 words
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  • SHIPPING
    • Article, Illustration
      Lock icon ReCAAP's info centre 'achieves its objectives'
      428 19  -  VINCENT WEE By THE Information Sharing Centre set up by the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) is celebrating its first year of work. At the conclusion of the second annual meeting of the centre's governing
      FILE PHOTO  -  428 words
    • Article
      Lock icon New Delhi stays course on controversial shipping lane
      407 19 Reuters Hindu groups say USss6om channel will destroy ridge built by a god [NEW DELHI] India's government is sticking to plans to bore a major new shipping lane, officials said yesterday, despite objections by Hindu groups which say it would destroy a
      Reuters  -  407 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        105 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.60 0.36 4.14 0.88 2.37 1.11 0.07
        105 words
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        Lock icon KLSE
        36 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.87 9.10 9.05 4.10 3.06 0.24 0.15 0.01 0.10 0.20 -0.06 unch 0.01 unch 6! 4O 81< 321 4! b: 16'
        36 words
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        Lock icon BANGKOK
        12 19 '00 ■recious Ship Jegional Cont .27.75 .25.00 0.25 0.10 38 3o;
        12 words
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        Lock icon HONGKONG
        11 19 '000 Doil iingamas Cont .47.30 ...2.31 2.60 0.02 177! 84!
        11 words
      • Article
        Lock icon PHILIPPINES
        20 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.00 33.50 unch unch -0.10 2.00 unch unch 45i 154'
        20 words
      • Article
        Lock icon TAIPEI
        22 19 Evergreen Marine ...25.50 :irst Steamship 67.50 /Van Hai Lines 26.80 r"ang Ming Marine...20.40 0.30 -1.10 0.75 0.25 21 1) 2' 2'
        22 words
      • Article
        Lock icon TOKYO
        36 19 '000 :awasaki Hvy Ind ..267.00 unch 1189' :awasaki Kisen ....1125.00 -16.00 609: /litsubishi Hvy 515.00 -2.00 3073: /litsui Eng&Sbldg...344.00 4.00 1931' /litsuiOsk Lines ...1437.00 -26.00 1125: lippon Express 569.00 -5.00 377} lipponYusen 1002.00 -31.00 1337'
        36 words
    • Article
      Lock icon Stolt-Nielsen Q4 profit rises 7%
      243 19 Reuters [OSLO] Norwegian shipping group Stolt-Nielsen has reported a small-er-than-forecast 7 per cent rise in fourth-quarter operating profit. Operating profit rose to US$47 million for the quarter ended Nov 30, 2007 from US$44.l million a year earlier. The result missed an average expectation of a
      Reuters  -  243 words
    • Article
      Lock icon China-EU shipping pact takes effect tomorrow
      157 19 Xinhua [BEIJING] China and the European Union (EU) will give each other unrestricted maritime market access as a result of the EU-China Maritime Transport Agreement, which is set to come into force tomorrow. Under the pact, concluded in Brussels on Dec 6, 2002, international
      – Xinhua  -  157 words
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      12 19 Lianhe Zaobaol I China fund I managers raking it in 7fcrtnjJfe fpJH
      12 words
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      738 19 F^^^&^z^* W■ Mr W vr a^f j^ W*^^ -IF zr1 M^r m fj Perkins Shipping (Singapore) Pte Ltd is part of the Perkins Shipping Group, an extensive marine and freight logistics operation with activities across Northern Australia and Southeast Asia. J Perkins Shipping (Singapore) Pte Ltd is establishing a new
      738 words
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      354 19 I Oft. the. Ytokt stuff I IWWW.ST7OI.COM MM AWATA wishes to inform its customers that with regard to operating conditions and size of vessels deployed on the Asia -West Africa range, the members have decided to implement their own BAF quantum. This quantum will be reviewed monthly. For April 2008,
      354 words
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  • EDITORIAL & OPINION
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      Lock icon Rate-cutting is not enough
      516 20 PITY the chairman of the US Federal Reserve. It is his job to keep price pressures down and raise economic growth at a time when quite the opposite is happening. And all this at a time when there is a very real fear that US private
      516 words
    • Article, Illustration
      Lock icon Will there be a happy ending for Democrats?
      1026 20  -  LEON HADAR Whoever wins the party's nomination won't have it easy against the McCainiacs in Nov ONCE upon a time in the Pundit-Land of Washington, there lived the Presumptive Presidential Nominee of the Democratic Party, Queen Hillary Clinton. The former First Lady,
      REUTERS  -  1,026 words
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      Lock icon Is the US Fed really fuelling the Next Great Inflation?
      853 20  -  CAROLINE BAUM THE BOTTOM LINE THE Federal Reserve has been cutting interest rates aggressively since September, by a total of 225 basis points in less than five months. More than half of the reduction (125 basis points) in the benchmark
      853 words
    • Article, Illustration
      Lock icon The experts' view of Islamic finance
      1126 21  -  SAID ABDULLAH Islamic Finance: The Regulatory Challenge By Simon Archer Rifaat Ahmed Abdel Karim (editors) John Wiley Sons (Asia) Pte Ltd, 2007 Price: $216 (before GST) Pages: 408 Book review by ONE of the criticisms of the Islamic banking and finance sector is that
      1,126 words
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      Lock icon It's time the US moved to prevent another genocide in Sudan
      863 21  -  NICHOLAS D KRISTOF -NYT By in Juba, South Sudan THE Sudanese government started the first genocide of the 21st century in Darfur, and now it seems to be preparing to start the second here among the thatch-roof huts of
      -NYT; AFP  -  863 words
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      6 21 Terms and conditions apply. ms«,i*»,m£ZlZ. Saw-re-1
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      83 21 Yours Now! 11 Night photography: Take a trip with Alec Ec and Gerald Ng as they show us how they take their night shots I© Beyond the Camera tripods: There's a night photography trip coming up soon, and you don't have a tripod. You find most of them too big
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8511 22 Transaction date: Feb 28 »-wks Tel Low Code Last Sale Vol ('000) Hii lay L Low B'u] .ast Quote yer Seller Div C'vr Net P/E I Cap $mil Hii Com[ 1 an; 5716 1st Software 22 6.5 3148 STelecom 28.5 11 5834 A-Sonic 107 98.5 6389 ABF SG
      8,511 words
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      Lock icon SGX XTRANET
      78 22 IfVk Tel Low Code Last Sale Vol ('000] lay I Low Bit .a st Juote Seller Div C'vr Net P/E Hii Com| Hii 200 116 6065 Diamonds US200d 250 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** *****
      78 words
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      Lock icon SGX CATALIST
      2015 22 iVk Tel Low Code Last Sale Vol rooo] lay I Low Bu1 _ast Quote Div /er Seller C'vr Net P/E /ICa; $mi !L Comi J!!! 3. 30 11.5 1181 s AAGrp 41.5 18 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 3 1501 s Advanced System
      2,015 words
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      Lock icon CLOB INTERNATIONAL
      210 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      210 words
  • Page 22 Advertisements
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      28 22 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. g£ %g 9 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676. ijji^^^^^^B Internet: Http://www.audemarspiguet.com
      28 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 23 Feb 27 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminary 1052.2 0.3 -7.0 0.2 -8.4 0.9 -5.! t EAFE Preliminan 1020.6 0.4 -8.9 0.9 -8.8 1.6 -6.0 Euro[ Preliminary 1403.9
      373 words
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      Lock icon FOREIGN CURRENCY NOTE RATES
      131 23 As at 9am Feb 28 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.3080 1.3240 Can dollar 1.4140 1.4300 Euro 2.0970 2.1220 NZ dollar 1.1300 1.1540 jterlin mnd 2.7520 2.7830 US dollar 1.3870 1.4030 Local dollars to 100 units of foreign
      131 words
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      Lock icon INTERBANK RATES
      160 23 Feb 28 fer Overnight 1 1/16 1-month 1 7/16 2-months 1 1/2 3-months 1 9/16 Overnight mode: 11/16 US$ Offer 15/16 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 3.15 3.15 3.15 3.14 3.02
      160 words
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      Lock icon STOCK INDEX FUTURES
      20 23 Feb 28 STI SIMSCI Feb 380 382.5 378.9 Taiwan Feb closed Source: MF Global (S) Pte. Ltd
      20 words
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      Lock icon US$/S$ FORWARD RATES
      21 23 Feb 28 Bid Offer 1-month 1.3948 1.3964 2-months 1.3928 1.3945 3-months 1.3915 1.3932 6-months 1.3871 1.389 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      292 23 Feb 28 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 08 395.25 396.75 398.25 398.00 398.00 397.25 RSS 3 (US cents/kg) Month Hig si! Low Sett Volume (tonnes)
      292 words
    • Article
      Lock icon CHICAGO BOT
      105 23 Feb 27 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 08 1459.00 1466.75 1465.00 1445.25 May 08 1475.25 1484.25 1485.50 1463.00 Jul 08 1488.75 1497.50 1498.00 1477.00 Aug 08 1474.00 1489.00 1485.00 1466.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 08 64.47 64.27 64.55
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 23 CRUDE OIL PRODUCTS Feb 27 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 98.56 -0.2 WTI (Near Mth) 99.77 -1.26 Dubai (1-Mth F) 94.7 2.09 Tapis blend 106.15 2.35 Minas 100.15 2.3 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 98.90 117.10 1.18 2.2 USS/barrel Opec Oil
      76 words
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      Lock icon INTERBANK CROSS RATES
      468 23 Feb 28 AS CS Rmb Euro HKS Ind Rs Ru| Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.919 6.683 0.622 7.311 37.418 85.326 0.999 8.797 3.010 1.156 58.723 37.962 1.313 7.028 0.997 29.018 30.059 0.474 0.939 Canada 1.089 7.274
      468 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 23 Feb 28 Period Issue code Maturity Yesterday's Bid Hii Day's ill Low 3-Month BQ*****W 29.05.08 1-Year BY*****A 29.09.08 1.33 1.35 1.32 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 3.750 15-Year
      89 words
    • Article
      Lock icon SIBOR
      76 23 Feb 28 1 mth 2 mths 3.***** 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 9 mths 12 mths 2.***** 2.***** 2.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs
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    • Article
      Lock icon PALM OIL
      62 23 Feb 28 Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Mar 08 3816 3826 3844 3813 107 1971 Apr 08 3880 3843 3880 3836 893 ***** May 08 3879 3850 3882 3837 5816 ***** Jun 08 3868 3849 3874 3837 670 4989
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    • Article
      Lock icon PRECIOUS METALS
      169 23 Feb 28 GOLD (USS/oz) Feb 28 Feb 27 GOLD BULLION COINS (SS) Sellini Hong Kong 951.40 958.30 952.40 959.30 Feb 26 Feb 27 London 942.50 956.25 943.40 956.95 Source: Reuters (SS) Selling Buying 1 oz 1487.3 1342 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $521.09 428 SILVER
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      Lock icon LONDON METALS
      69 23 Feb27\ iriti IIUIII, (USS/tonne) R> Close Previous Cash 3056.20 2940.00 3 months 3091.00 2976.00 Copper, Grade A (USS/tonne) Cash 3 months 8504.00 8435.00 8335.00 8275.00 Lead (USS/tonne) Cash 3360.50 3 months 3345.00 3254.00 3240.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3 months
      69 words
    • Article
      Lock icon LIFFE
      82 23 Feb 27 (£/tonne) Close Prev Hii ih/Low Mar 08 1343 1316 1349/1325 May 08 1377 1344 1384/1355 Jul 08 1405 1369 1410/1380 Sep 08 1399 1366 1405/1380 COFFEE (USS/tonne) Close Pev High/Low Mar 08 2590 2504 2597/2550 May 08 2640 2545 2645/2573 Jul 08 2662 2567 2670/2602 Sep 08
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      152 23 Feb 28 Currencies Bid Offer Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.3119 1.3138 0.9390 0.9394 Canadian dollar 1.4281 1.4300 1.0222 1.0225 Euro 2.1098 2.1123 1.5101 1.5104 NZ dollar 1.1340 1.1366 0.8117 0.8127 jterlim ind 2.7665 2.7697 1.9802 1.9805 US dollar 1.3971 1.3985
      152 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      347 23 Feb 28 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar08 Jun08 Sep08 Dec08 97.067 97.485 97.630 97.580 0 0 0 0 ***** ***** ***** 6715 EUROYEN FUTURES Mar08 99.150 99.150 Jun08 99.240 99.245 Sep08 99.320 99.340 Dec08 99.310 99.335 Mar09 99.265 99.285B Jun09 99.220B Sep09 99.155B
      347 words
    • Article
      Lock icon BONDS & WARRANTS
      2062 23 BONDS WARRANTS 4029 DBS SGA LCW*****0 23.5 -2.5 69_ -2.5 30/ 0.0 0 1 rel lode Company el Last Vol Conv Exer lode Company Sale or- ('000) Ratio Price Disc Gear- Mths ing Left 4020 DBS SGA ECW*****1 20.5 -5.5 1005 0.2 2000 5 8947STI 3100 BNP EPW*****8 18 0.5
      2,062 words
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      3032 24 Mm The Business Times vmm Shipping Times A mf^M KPP W I WAN HAI INTERNATIONAL PTE LTD CRN0:146.*****00/R mT^— Sf^IgJWjWWssjWJJBg gßwrCTfrr^ifMrli TEL: *****588 (l 4 LINES) FAX: *****163 ___r^™ 1V A^ __/~T_ll[ 111 W^WPWWWtMWIStf9IvM MWSailmmlmVmmSm V\\M 1 IA/AM HAI INpN OBtomer Sarvke/Bookhss Dvect Lne (1800)*****200 K^^^^M^j^^Wtj^^gfl 83--f^|f'X'llOTTlTrT!CC V 'I ""Hii
      3,032 words
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      3030 25 -~-T W^^k^/Slm mm llHlßMttttilM I VOY I Ramp(KT) I Lilting(KT) I SIN~~| PKL I PNN JKT I LCB I BTU /^^^^^Bt^pX jTTlft|WM| BKlafeS L-*" I COSMIC LEADER 83 40 122 03/03 06/03 ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS (O U-p^TJBffH-J k. "SH^sfe--^S','»|laWSß! <4w|hS|MhS I GOLDMENAM 83 40
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      5958 26 IPH Hl9 HHII I B A^*SE^ 7oshentonw^ #2i^;:gJS= r®i GLORY NAVIGATION GROUpI HP KfiP WM mM Nfl NORTH WEST EXPRESS LINE **#*UtflS.*% v?SI'&"^»l m^^^ MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS Halts aEE ABBIVaL [IflliS SINCE H7O SSpS SI I VESSEL I VOY Singapore Freinantle Cocos Island Christmas Island Pasir
      5,958 words
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  • BOOKS/WINE
    • Article, Illustration
      Lock icon So much left unsaid in this legend's life story
      666 27  -  CHUANG PECK MING Clapton, The Autobiography Broadway Books, New York Pages: 343 Price: around $39 Rating: B- By HIS name itself will sell the book. But Eric Clapton's autobiography is, overall, a disappointment. Only towards the end does the blues guitar
      666 words
    • Article, Illustration
      Lock icon Tell-all tale of an Indiana misfit
      685 27  -  CHRISTOPHER LIM W. Axl Rose: The Unauthorised Biography By Mick Wall Sidgwick Jackson, London Pages: 352 Price: $32.95 Rating: B+ By WHEN someone makes a band as fierce as heavy metal legend Metallica fear him, you know you've got to get the inside scoop.
      ARTHUR LEE  -  685 words
    • Article
      Lock icon Enjoy burgundy at decent prices
      1003 27  -  N KYONG By BURGUNDY seems to be the "in" thing now. And if you are not "into" it you must be losing your marbles. Which you would be if you are prepared to pay 4,000 euros for a bottle of Musigny 2005, Christophe Roumier. That
      1,003 words
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      60 27 __F WM WM _____p m "^3 4 v ill ______r __F v fc"- J_ ___r 4 x^S j£_H ____fl_ _______X" V^__ w ■Sfe? &*j&mTwv^mm& M__R In ->___■ v°^^w- kIM j| v ______________^fi____________l J^£**' __J______l_____-_r L. T^d^____M_B 3r^B ___________________i_____i___^:' -w^vl^OTH BHswß»wiw"i"__c«j4jpft -v v-- ft v.\\V i *w. i nnjiViTTTilf _J_^__J_i*__wS_K^s3 'i.
      60 words
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  • CLIPPER ROUND THE WORLD RACE
    • Article, Illustration
      Lock icon Thrills on the Yellow Sea
      682 28 Leaving Qingdao, the boats meet light snowfall but conditions change dramatically within 24 hours, reports VINCENT WEE GOING out to sea, one does not normally think of building a snowman on the deck ofthe boat. This is, however, what some ofthe crews on the Clipper
      cupper venture:  -  682 words
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      2131 28 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE IN THE MATTER OF T^Sl_ IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) ASL MARINE HOLDINGS LTD. the companies act (chapter 50) ,n the matter of Company Registration Number 2M*****2N IN THE MATTER OF UF'n Memtel Vo^Liq^aton)'™ (incorporated in the
      2,131 words
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      65 28 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by n£i'i'Mi THE BUSINESS TIMES Business Times journalist Vincent Wee, who did a circumnavigation on Uniquely Singapore Clipper in the 2005-2006 race and reported from onboard the boat in the first
      65 words
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  • Page 29 Miscellaneous
    • Miscellaneous
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      729 29 artBEAT m^m^m^m^m^m^m^m^m^m^m M A creative partnership -f^ftftr NEW Collaboration on Paper exhibits the di&r t\ vividly coloured and textured works created by i Ghada Amer and Reza Farkhondeh during wk^ \i their residency at the Singapore Tyler Print ■■^^jfjjjjjtjMS tLIv'*^' ""Z —Z Institute (STPI). Amer and Farkhondeh, of Z£k B^
      729 words
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      276 30 A message from ALF Global Private Ltd. (Co. Reg. No. *****3704N) to all shareholders of Robinson and Company Limited: There is only one general offer for your shares in Robinson and Company Limited ("RCL") to date We are making a conditional cash offer to buy your shares in RCL The
      276 words
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      12 30 TraveTVwith 91.3FMDJS! PUHE FUN WWW.RA»IO9I».COM ADVENTURE Register before 1 March on www.radio9l3.com
      12 words
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      83 30 FEBRUARY ISSUE r GETYOURS NOW! SubsUnw A Cookr Shad* Of Fitiw R«d tsk«» flight in I riMiEK mrtr mi nmE I fareastpla^a month's ISSUfi J|jg^ Uof online soa [works. for all the |Tu!l7?F^ni [g!^!^!^^.1 latest ar J lii^SiiASA] it temational audience L33Tp«t in bh^ r gaming and ■?iumti*S non niH-iiral
      83 words
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  • Page 31 Miscellaneous
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      235 31 CRYPTIC CROSSWORD ACROSS 5 Fortune made by carpet _MH__M^HB__MH__HB__HH__HH___BH 13 In school is somewhat nim- hr* 13 I ID I II _t ..lit >3 Pass over old Bob and Kimberley (4) 6 Star hesitantly uses device 20 The Parisian female found M Weep before taking small for restricting light vibration
      235 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Draw of the artistic dollar
      1740 32 Regional auction houses make beeline for Singapore as market for contemporary South-east Asian art grows, reports PARVATHI NAYAR CAN Singapore become the hub for South-east Asian (SEA) art? It's almost a redundant question. Many regional auction houses already view Singapore as the key centre for
      STOCK.XCHNG  -  1,740 words
    • Article
      Lock icon Tips on buying art at auctions
      377 32  -  PARVATHI NAYAR SO you're a newbie collector of South-east Asian art, and are off to the auctions. Your head is full of questions about what you should get, and whether there is a "right" or "wrong" way of buying art at an auction. Well,
      377 words
    • PROFILE/PURSUITS
      • Article, Illustration
        Lock icon He'll release your mind from captivity
        901 29 In the wake of Ah Meng's death, CHEAH UI-HOON catches up with Bernard Harrison to find out what the former zoo chief has been up to THE Night Safari might be 12 years old, but former zoo chief Bernard Harrison's execution of the idea
        ARTHUR LEE  -  901 words
      • Article, Illustration
        Lock icon More to Zouk than young revellers
        649 29  -  CHRISTOPHER LIM NIGHT OUT By AT lunchtime on Monday, party club Zouk was alive and buzzing, which is unusual in itself. But every Chinese New Year for the past 13 years, the established nightlife joint has thrown a reunion lunch for the old people
        649 words
      • Article, Illustration
        Lock icon Feeling Blu's never been this good
        549 29  -  CHRISTOPHER LIM DVD By AS of this week, Blu-ray is the new undisputed king of high-definition discs. Toshiba has thrown in the towel for its competing HD DVD format and you can finally upgrade your movie collection without worry. But what does the Blu-ray
        549 words
    • GAMING
      • Article, Illustration
        Lock icon Not your daddy's video games
        1490 30 With movies and computer games continuously converging into a new storytelling medium, CHRISTOPHER LIM takes BT's first look at what the gaming market has to offer. In coming months, we'll be reviewing the latest titles to keep abreast of the latest progress in this field
        1,490 words
    • CINEMA/MUSIC
      • Article, Illustration
        Lock icon The story of a congressman with conscience
        645 31 Charlie Wilson's War contains plenty of snappy dialogue and political humour. But the movie also has something serious to say, notes GEOFFREY EU F it weren't based on fact, the story of freewheeling, fast-talking US Congressman Charles Wilson and how he succeeded with
        645 words
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        Lock icon Jazzing things up for a re-release
        646 31  -  CHRISTOPHER LIM CD REVIEW Letter From Home Pat Metheny Group Label: Nonesuch Rating: B Day Trip Pat Metheny w/ Christian Vkßride Antonio Sanchez Label: Nonesuch Rating: A By PAT Metheny has been re-releasing a chunk of his Dlder catalogue, completely remastered and repackaged. Not
        646 words
      • Article, Illustration
        Lock icon Folk, alternative rockers make S'pore debuts
        679 31  -  CHRISTOPHER LIM By THE Esplanade's Mosaic Festival is helping a group of skilled but low-profile artists make their Singapore debuts in March, but two rock acts are coming over round the same time on their own steam to headline individual concerts. Incubus will be
        REUTERS  -  679 words
  • Page 32 Miscellaneous