The Business Times, 17 March 2008

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Microfilm: NL28858
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 The Business Times SINGAPORE 85 cents online at http://business-times.asial.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Monday, March 17,2008
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  • Article
    Lock icon Stocks slide hits market for IPOs
    961 1  -  CHEW XIANG 6 of 9 firms listed this year trading below their offer prices By [SINGAPORE] The battering taken by stocks in recent weeks has badly hit the market for initial public offerings (IPOs) in Singapore, with new issues falling below their offer prices
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  • Article
    Lock icon Bad timing
    128 1 IPOs launched this year 1 1 1 1 1 1 COMPANY LISTING OFFER LAST I LOW I HIGH I SUBSCRIPTION DATE PRICE (S$) (TIMES) Old Chang Kee Jan 16 0.20 0.19 0.18 0.205 5.43 •Afor Limited Jan 18 0.33 0.265 0.235 0.345 1.67 •Wee Hur Holdings Jan 30
    128 words
  • Article, Illustration
    Lock icon HK houses going for HK$300m
    599 1  -  JANE MOIR Supply squeeze on luxury homes seen driving up prices by 25% this year By in Hong Kong HOUSES at The Peak are fetching close to HK$3OO million (Sss3 million), and are still rising. This epitomises Hong Kong's very hot luxury property market, which
    BLOOMBERG FILE PHOTO  -  599 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      54 1 ST Index 2,839.01 -27.27 KL COMP 1,194.84 -101.49 NIKKEI 225 12,241.60 -541.20 HANG SENG 22,237.11 -264.22 SET INDEX 818.04 -3.53 JAKARTA COMP 2,383.42 -273.04 MANILA COMP 2,906.53 -122.20 SEOUL COMP 1,600.26 -63.71 SHENZHEN B 572.61 -60.12 MUMBAI IND 15,760.52 -215.00 DOW 11,951.09 +57.40 NASDAQ 2,212.49 unch S&P 500 1,288.14
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    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.75 INDONESIA 15.662 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 6.00 CANADA 5.25 SWITZERLAND 4.00 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      43 1 US$ (S$ )er US$) 1.383 (USS/SS per 2.033 2.811 EURO(US! i/S: m 1.559 2.156 YEN 100.3 72.50 RM 3.168 2.290 HK! 7.783 5.628 BAHT 31.41 22.71 RUPIAH 9,255 6,692 RENMINBI 7.086 5.123 INDIAN RUPEE 40.43 29.24 A$ 1.061 0.767 NZ! 1.223 0.884
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      68 1 8"*****l"*****4' -j^^ jf*_mW GO VEGETARIAN AT GRAND HYATT. V -^aOW^ Enjoy a selection of fresh juices, salads, soups, starters and main courses at mezza9. ~J^\ %t A\\\\\\\\m\\\\\\\ W\W 4 t^ k™* mr 1 Available for lunch and dinner from 17 to 31 March. '^ggggggtM For reservations, please call 6732 1234.
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      57 1 f X DINING OUT COMMENTARY BizlT VIEWS FROM ;3KS^|||^ 'g^M lU i; Why Spore food Will small caps Ml off Tata to set up centre THE TOP KaHSa^^B ranis 9 out of 10 the radar again? of excellence here Women at work mm pft^n JyfcSSW^ s-i- PAGE 13 PAGE 5
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  • TOP STORIES
    • Article, Illustration
      Lock icon S'pore getting all hands on deck for Youth Olympics
      529 2  -  LEE U-WEN Organising panel, with backing of team of 550, likely to be named soon Jy SINGAPORE] Having clinched the honours of losting the inaugural Olympic Games after i keenly-fought battle, Singapore is now moving at a Tantic pace towards the
      AP FILE PHOTO  -  529 words
    • Article
      Lock icon Paulson defends Bear Steams rescue
      438 2 -AP, Reuters Report says Goldman to unveil USs3b writedown [WASHINGTON] US Treasury Secretary Henry Paulson yesterday defended the Federal Reserve's decision to help rescue Bear Steams Cos, the teetering Wall Street investment bank. He sidestepped questions about whether other firms are on shaky ground and
      -AP, Reuters  -  438 words
    • Article, Illustration
      Lock icon US investors bank on steep Fed rate cut to shore up market
      949 2  -  ANDREW MARKS WALL STREET INSIGHT Bear Steams' woes fuel fears over financial sector THE much-ravaged financial system took further and bigger hits last week. The credit crisis that has roiled the financial markets for the past six months
      The Federal Reserve  -  949 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Cacola, Man Wah top picks of furniture sector
        64 2 CACOLA Furniture and Man Wah Holdings are the top picks for the furniture sector, analysts say after the industry posted widely varying results in the recent reporting season. OCBC Investment Research cited both companies' exposure to the growing China market, healthy profit
        64 words
      • Article
        Lock icon Convertible bond issues jump as stocks retreat
        84 2 ASIAN convertible bond issuance has jumped in 2008 to fill a gap left by retreating stock and debt sales, but volume is unlikely to reach the record set in 2007 and issuers need to be inventive to draw investors. Although issuers had to
        84 words
      • Article
        Lock icon Mas Selamat CID probe in final stages: minister
        82 2 THE Criminal Investigation Department (CID) is in the final stages of its probe into the escape of Jemaah Islamiah terrorist Mas Selamat Kastari, Deputy Prime Minister and Home Affairs Minister Wong Kan Seng said yesterday. Speaking to reporters after a visit to
        82 words
      • Article
        Lock icon Bush to meet financial policy makers today
        65 2 PRESIDENT George W Bush plans to meet today top US financial policy makers, the White House said, at a time of increased strains in credit markets and fears of a recession. Economic problems have become increasingly important in the presidential campaign. A protracted
        65 words
      • Article
        Lock icon Abdullah allays fears of economic fallout after GE
        60 2 MALAYSIAN Prime Minister AbduUah Ahmad Badawi has pledged to push ahead with big-spending development projects amid concerns of possible economic fallout after his ruling coalition's election losses. The stock market fell 7.8 per cent last week after the Opposition won control of
        60 words
      • Article
        Lock icon Bank of China not eyeing crisis-hit Western outfits
        53 2 BANK of China on Saturday ruled out swooping on Western financial institutions felled by the still-spreading global credit crisis. "We certainly will not buy into institutions like Bear Steams," Xiao Gang, the chairman of China's fourth-largest bank by assets, told reporters. GREATER
        53 words
      • Article
        Lock icon Lewis may have lost US$850m on Bear stake
        72 2 JOSEPH Lewis, the second-largest shareholder of Bear Steams Cos, may have lost US$B5O million on Friday after the securities firm took emergency funding from the New York Federal Reserve and JPMorgan Chase Co. The British billionaire accumulated a 9.4 per cent stake
        72 words
      • Article
        Lock icon Tata to set up centre of excellence here
        51 2 INDIAN IT services giant Tata Consultancy Services (TCS) is setting up a centre of excellence for financial services in Singapore. According to TCS executive vice-president Girija Pande, this centre will supplement the company's near-shore financial services delivery capability in Jurong. BIZIT, PAGE
        51 words
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      252 2 M DISCOVER SECRETS HOW ORDINARY PEOPLE I t§afjjl WTTH NO EXPERIENCE EARN $10,000 MONTHLY %\f Anybody can earn $10,000 Monthly Easily when you discover our PROVEN TRADE SECRETS! "'•icS, No need to quit your job. MONEY BACK GUARANTEE* to make sure you succeed. M AMii aiiiim* I /VN "Although we
      252 words
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  • Page 3 Advertisements
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      93 3 LONDON^ LONDON BflßinMißWi TV^ ill V Endless excitement with over 1000 Fabulous. More comfort than 18 March 2008. Singapore Airlines A3 BO takes you to London. The Singapore Airlines A3BO sets a new benchmark for luxury, space and comfort. The world's largest passenger aircraft features the exclusive Singapore Airlines Suites,
      93 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Will even a 100 basis point rate cut be of any use?
      732 4  -  R SIVANITHY STOCKS A FEW immediate issues confront the market in the early part of this week. Firstly, will the US Federal Reserve cut interest rates by a full percentage point tomorrow as the futures market expects? Secondly,
      732 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1208 4 'aymem (cts) Ex Books date close Pay date action Asia ak 0.500 06-May 08-May 20-May Jvance SCT 1.000 06-May 08-May 23-May jva Cor; 0.550 13-Mai 15-M; 30-M; .II; ireen ak 5.000 05-Ma^ 07-M; 21-M; >RA Asset Ml 3.800 06-Mai 08-M; 16-M; .uric Pac ak 5.000 06-Ma^ 08-M; 23-M;
      1,208 words
    • Article
      Lock icon Asian units rise against dollar on US economic woes
      467 4 -AFP CURRENCIES [HONG KONG] Asian currencies ended last week mostly higher against the dollar on fears that the US is headed for a recession, with the Federal Reserve expected to cut interest rates at its meeting tomorrow. Japanese yen: The Japanese
      -AFP  -  467 words
    • Article
      Lock icon Gold, oil strike historic highs
      138 4 AFP COMMODITIES [LONDON] Oil prices enjoyed another record-breaking run last week as traders sought refuge from turbulent stock markets and the dollar's downwards plunge. New York's light sweet crude jumped to a record high US$lll per barrel on Thursday. London's Brent oil hit an historic
      AFP  -  138 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1742 4 Source: Reuters Lonsensus no. ot i-orecasi mean i-n s recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price ompany name advance SCT 2.50 1.50 2 7.15 3.99 0.50 0.29 .llco Commercial REIT 1.75 1.75 5.49 14.85 1.26 0.81 .llgreen Properties 2.22 2.70 10.96
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      55 4 Mar 14 VALUE CLOSE -1298.00+110.0 IT OB/OS IT CADI -*****.00 +52.00 IT 10-day MA -*****.00-130.00 TSE ST Mid Cap 722.52 +4.77 TSE ST Small Cap 628.90 +1.37 TSE ST All Share 728.88 +6.97 TSE ST China 420.91 +0.52 OB Catalist 147.45 -3.73 iMSCI 352.14 +4.15 iMSCI Future
      55 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 4 VOLUME *Star Cruises 1,036,374,000 Golden Agri 232,564,000 Li Henq 174,811,000 Sing Tel 160,517,000 Cosco Corp 152,649,000 Yanqzijianq 144,240,000 Firstßes 141,542,000 Synear 111,221,000 Chasen 100,332,000 SGX 85,879,000 VALUE(S) Sing Tel 608,186,969 SGX 605,252,276 DBSGrp 577,131,908 Cosco Corp 493,738,307 Capita Land 444,284,594 UOB 429,677,473 Keppel Corp 356,302,706 OCBC Bk
      57 words
    • Article
      Lock icon RISES
      103 4 CLOSE UP 9850 235.0 1.8 LP10US$ tobinson 680 42.0 6.6 'BSBk6% NCPS 10 ***** 40.0 0.4 »sia Pac Brew 1300 30.0 2.4 .in* [Tel 387 22.0 6.0 hai Prime Fd 710 20.7 2.2 'CBCCai i.93%Pref10 ***** 20.0 0.2 'BSG 1686 18.0 1.1 >in< |Tel 10 383 16.0 4.4 ■arkwa'
      103 words
    • Article
      Lock icon FALLS
      122 4 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN 1760-160.0 -8.3 Jardine C&C China H 10US$ 1532-113.3 -5.1 JMH 2740 -99.5 -2.6 ASL Marine W*****1 41 -85.0 -67.5 S I A 1412 -66.0 -4.5 JSH 1570 -58.1 -2.6 SGX MBL iCW*****3 250 -58.0 -18.8
      122 words
    • Article
      Lock icon CURRENCIES
      85 4 Source: Reuters iere! S$ stands Mar 14 CHNG CLOSE FRMar13 YR 2008/07 S$ LOW S$ HIGH USS 1.3820 -0.07 1.5479 1.3775® Euro 2.1534 -0.05 2.1639 1.9913 Pounds 2.8045 0.21 3.1194 2.7390 AS 1.3054 -0.69 1.3555 1.1741 Yen* 1.3750 0.24 1.3821 1.2285 Rupiah* 0.***** -0.18 0.***** 0.***** Baht* 4.4013 -0.29
      85 words
    • Article, Illustration
      Lock icon Spate of bad news hits portfolios
      1403 6  -  TEH HOOI LING IT'S just one piece of bad news after another, and it doesn't seem like the news flow is going to turn positive anytime soon. The market in Singapore is in for another drubbing this week given what happened on Wall Street
      1,403 words
    • Article, Illustration
      Lock icon Buying activity stays high, sales and buybacks take a leap
      1325 6  -  ROBERT HALILI INSIDE MARKETS Gems TV, Bukit Sembawang Estates and Jardine Strategic register significant transactions BUYING activity remained high while sales surged last week, based on filings to the Singapore Exchange in the second week of March. A total of
      1,325 words
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  • COMPANY NEWS
    • Article
      Lock icon Will small caps fatt off radar again?
      674 5  -  R SIVANITHY THROUGHOUT the heady days of the bull market from 2004 to 2006 and most of 2007, analysts could do no wrong a "buy" call that incorporated a novel new idea with a relatively unknown stock and set a high target price
      674 words
    • Article, Illustration
      Lock icon Cacola, Man Wah top picks of furniture sector
      550 5  -  CHEW XIANG Analysts bullish on firms' exposure to booming China CACOLA Furniture and Man Wah Holdings are the top picks for the furniture sector, analysts say after the industry posted widely varying results in the recent reporting season. OCBC Investment Research's Lee
      FILE PHOTO  -  550 words
    • Article, Illustration
      Lock icon Convertible bond issues jump as stocks retreat
      849 7 Reuters Option to convert into shares has unlimited upside, little downside [HONG KONG] Asian convertible bond issuance has jumped in 2008 to fill a gap left by retreating stock and debt sales, but volume is unlikely to reach the record set in 2007
      – Reuters; AFP  -  849 words
    • Article
      Lock icon PRIME LENDING RATES
      395 7 Mar 14 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank
      395 words
    • Article
      Lock icon CCT MTN issues $150m fixed rate notes due 2010
      301 7 CAPITACOMMERCIAL Trust (CCT) has announced that CCT MTN Pte has issued $150 million of fixed rate notes due in 2010. CCT MTN is a whollyowned subsidiary of HSBC Institutional Trust Services (Singapore) Ltd, which in turn is the trustee of CCT.
      301 words
    • Article, Illustration
      Lock icon OCBC Securities woos students
      350 7 Its Young Investor Pack includes reading material, seminars and forums OCBC Securities launched its Young Investor Pack on Saturday, targeting student investors who wish to acquire investing skills and develop their financial literacy. In addition to an online trading account with OCBC Securities, student investors will
      350 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      361 5 B Business for the Environment 22-23 aphi 2008 Suntec Convention Global Summit 2008 Centre, Singapore Business and Markets f^) in a Climate of Change UNEP The human race is pushing our planet towards the edge of disaster. New ways of doing business C Q^ w j|| kg cr jtj ca
      361 words
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  • Page 7 Advertisements
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      1 7 t_J
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      Lock icon Page 7 Advertisements Column 2
      1001 7 TRUST FIRST SHIP LEASE TRUST (A business trust constituted on 19 March 2007) FSL TRUST MANAGEMENT PTE. LTD. [Incorporated in the Republic of Singapore) Company Registration No. *****2265R (as Trustee-Manager of First Ship Lease Trust) NOTICE OF ANNUAL GENERAL MEETING OF THE UNITHOLDERS NOTICE IS HEREBY GIVEN THAT the First
      1,001 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Women at work
      4860 8 THIS WEEK'S TOPIC Are women in corporate Singapore stretched to their full potential? What needs to be done to raise employment levels for women? What can companies do in this regard? Need for pro-family stance WHILE we are seeing more women occupy the upper echelons of government
      4,860 words
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      125 9 CAROLINE WILLIAMS I T: +44 (0)1865 *****0 I AMP@SBS.OX.AC.UK 15 JUN 12 JUL 2008 19 OCT-15 NOV 2008 BUSINESS AS USUAL OR MOVING TO THE NEXT LEVEL? THE UNIVERSITY OF OXFORD: EDUCATING LEADERS FOR 800 YEARS WWW M 'A __T M 4 fl__ *<_fee_ Jpjfc .-.j^WL _X' 7___B___l __fr* T'
      125 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon SolarTec shelves plan for photovoltaic plant here
      699 10  -  CHEN HUIFEN It finds gap in raw materials supply chain; opts for solar glass plant in M'sia SOLARTEC is shelving its plan to build to build a Ssloo million photovoltaic power plant in Singapore. The German solar company is setting up a US$l4O
      FILE PHOTO  -  699 words
    • Article
      Lock icon Mas Selamat CID probe in final stages: minister
      490 10  -  AMIT ROY CHOUDHURY Public to be kept informed of separate inquiry THE Criminal Investigation Department (CID) is in the final stages of its probe into the escape of Jemaah Islamiah terrorist Mas Selamat Kastari, Deputy Prime Minister and Home Affairs Minister Wong
      490 words
    • Article, Illustration
      Lock icon US recession will be mild, predicts S&P
      651 10  -  CONRAD RAJ THE US will suffer a mild recession that could end as early as the later part of this year, according to ratings agency Standard Poor's. It's the uncertainty surrounding the credit crunch caused by the sub-prime problem that has led to
      651 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      529 10 Effective e-Harheting Discover the many tools you can use to make your presence felt in the virtual world. Learn to harness the power of the Internet in this seminar that covers the various ways of optimising this new media channel. 26 March 2008 (Wednesday) 2 6pm SPH Search Engine Marketing
      529 words
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      Lock icon Page 10 Advertisements Column 2
      146 10 LUXURY TOURS TRAVEL PTE LTD /jrffPPßßh^v The Leading Operator Ljlt^B) Established since 1985 100 Orchard Rd, #02-46 Meridien Shopping Centre Exclusive Coach Singapore *****0 Email: luxturesingnet.com.sg Suns..:-™;: uxlryCOACHsfrvice Website' www uxurv com sg Member of NATAS 40 coaches available for charter Singapore Malaysia ?8 Sealer Coaches HE* t^. T with
      146 words
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  • RISING ASIA
    • Article, Illustration
      Lock icon Private banking industry booming
      1284 11 With the number of high-net worth individuals in Asia on the rise, relationship managers are in hot demand, reports CHEN HUIFEN THE region's private banking industry never had it so good. Even in the current climate of volatile markets, a slowing global economy and rising inflation,
      AFP  -  1,284 words
  • Page 11 Advertisements
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      89 11 Making more possible ABNAMRO Private Banking Thisisthe firstofa fortnightly series brought to you by ABNAMRO Private Banking i m m I, mt wmmm 1 m. I I -1 J 4^r |f TnPir noT Tin^ ta^^p i j i ni ir nhipntivitv help you fully exploit those opportunities. If you'd like
      89 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Creative take on hawker food idea
      744 12  -  Geoffrey Eu RESTAURANT REVAMP Coffee Lounge, Goodwood Park Hotel 22 Scotts Road Tel: 6730-1746 A BIG serving of nostalgia is currently available at the Goodwood Park, which is holding a local food promotion at its Coffee Lounge a 30-year-old hotel coffee shop that holds
      744 words
    • DINING OUT WITH Citibank
      • Article, Illustration
        Lock icon All for the love of a good curry
        631 13  -  JAIME EE POWER Lunch BEING in the travel business invariably means that you're constantly thinking of new holiday ideas for your customers. But for Nicholas Lim, regional director for Contiki Holidays, one perk of the job is that he gets to experience
        JOHN HENG  -  631 words
      • Article, Illustration
        Lock icon Just what the Doc ordered: Modern Asian
        620 13  -  Geoffrey Eu NEW MENU Doc Cheng's #02-20 Raffles Hotel Arcade 1 Beach Road Tel: 6412-1262 THEME restaurants usually make a grand entrance when they first open, impressing and entertaining their clientele with a different culinary concept. Those that manage to transcend the novelty
        620 words
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      2,899 words
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      39 13 Indulge in over 700 gourmet pleasures with your Citibank Credit Card. For more gourmet treats, visit: citibank.com.sg ppl Mobile Gourmet |"^J citibank.com.sg/singapore/gpmobile ,uJTm 110 Your Citibank guide to gourmet pleasures this week J^ P) Brought to you by citibank
      39 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Getting investors to sit up and take notice
      1025 14 CHARM IAN KOK looks at the role of investor relations professionals ANECDOTAL accounts suggest that investor relations is becoming a fast-growing industry in Singapore, with an increasing number of local companies spending more money to meet rising demand for information from shareholders
      LUDWIG ILIO  -  1,025 words
    • Article, Illustration
      Lock icon From life sciences to events management
      942 14 CAMPUS LIFE Two Republic Polytechnic grads tell CRYSTAL NEO why you don't need a business major to run a business WHILE their schoolmates are right now scrambling to apply for jobs, three students from Republic Polytechnic (RP) had already secured "employment" last April by
      JOSEPH NAIR  -  942 words
    • Article
      Lock icon Be smart with your finances
      204 14 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
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      46 14 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
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      66 15 I Board Members Chairman Board Members I I Capt. Goh Choo Keng CKOw S. Chandra Das I I Bengt Christer Olsson Deputy Chairman Lt-Gen (Retd) Winston Choo I Prof. Tan Teck Meng Michael Ow Dr. Ong Chit Chung I I Chief Operating Officer CEO (Agency) I I Tay Lai Wat
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Bush to meet financial policy makers today
      577 16 Reuters, NYT Bernanke issues fresh warning about gathering wave of home foreclosures [WASHINGTON] President George W Bush plans to meet today with top US financial policy makers, the White House said last Saturday, at a time of increased strains in credit markets and
      – Reuters, NYT; REUTERS  -  577 words
    • Article, Illustration
      Lock icon ADB chief re-emerges as possible BOJ candidate
      538 16  -  (VNTHONY ROWLEY in Tokyo ASIAN Development Bank president Haruhiko Kuroda has re-emerged as a possible new governor of the Bank of Japan as an alternative to current deputy governor Toshiro Muto. A senior official of the opposition Democratic Party of Japan which has
      538 words
    • Article
      Lock icon Euro zone overtakes US as world's biggest economy
      470 16 -AFP, Reuters Move follows the plunge in the greenback: Goldman [FRANKFURT] The dollar's plunge has made the euro zone the world's biggest economy by one measure. "With the euro now trading around 1.56 against the dollar, the size of its annual output
      -AFP, Reuters  -  470 words
    • Article
      Lock icon Venezuela opts for some oil contracts in euros: report
      324 16 -AFP [CARACAS] Venezuela, Latin America's leading petroleum producer, has decided to sign some oil contracts in euros in the face of a plummeting US dollar, local media reported, citing officials. "There are some contracts in euros, contracts for crude, products and
      -AFP  -  324 words
    • Article
      Lock icon STOCKS ASIA
      2750 16 Transaction date: Mar 14 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading da\ Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing
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  • MALAYSIA
    • Article, Illustration
      Lock icon Be positive after being chastised
      759 17  -  PAULINE NG MALAYSIA INSIGHT It would be shortsighted for BN to act in obstructionist ways RECRIMINATION, blame, accusations, and finger pointing. Rarely has so much column space been devoted to an election in Malaysia. Then again, rarely in 50 years of ironclad rule has the
      759 words
    • Article
      Lock icon Maybank leads race for Bll stake: report
      213 17 [KUALA LUMPUR] Top Malaysian lender Maybank is the frontrunner to buy Singapore investment company Temasek Holding's stake in Bank Internasional Indonesia (BII), valued around US$BOO million, a report said on Saturday. Maybank leads the race for the stake despite putting in a lower
      213 words
    • Article, Illustration
      Lock icon Abdullah allays fears of economic fallout after GE
      347 17 -AP [KUALA LUMPUR] Malaysian Prime Minister Abdullah Ahmad Badawi has pledged to push ahead with big-spending development projects amid concerns of possible economic fallout after his ruling coalition's election losses. The stock market fell 7.8 per cent last week after the Opposition
      -AP  -  347 words
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      235 17 One Idea Can Change Your World UrbanfOrUlTli ft tf ff t f f fTf TTT MIIMtMMMr ft f TFTTTTTTI^^B BTzzxqzxs ttt it 11 i fTT -CXtXtxtXl^H Scenario Analysis is a key asset of any senior manager's toolkit and an invaluable skill to: Develop relevant and meaningful future scenarios for the
      235 words
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      Lock icon Page 17 Advertisements Column 2
      299 17 If you are in any of these situations: W^^^^™"^t You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch
      299 words
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  • INDIA
    • Article
      Lock icon Lenders to get cash for forgiving farm debt: minister
      643 18 Bloomberg Chidambaram confident of funding USslsb waiver with buoyant budget revenue [NEW DELHI] India will fund the country's US$l5 billion farm debt waiver programme from the money it gets from tax collections and other revenue, with borrowings being the last resort,
      Bloomberg  -  643 words
  • Page 18 Advertisements
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      368 18 ]M m Jit Mi 1^ /jvDai h 1 /ALI o Vc!\->O.I K1_(21% CjjjJdjryu 7£i J^n^yr Bunny Pinn'tiny Competition i mM jtjjfc Mfo^ A GRAND EASTER FIESTA Celebrate Easter Sunday at Triple Three with a sumptuous Easter Lunch Buffet of Asian and Western favourites. Children can look forward to many fun-filled
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Bank of China not eyeing crisis-hit Western outfits
      526 19 Reuters Chairman rules out stake in troubled Bear Steams; focus is in Asia-Pac, M-E [BEIJING] Bank of China on Saturday ruled out swooping on Western financial institutions felled by the still-spreading global credit crisis. "We certainly will not buy into institutions like
      – Reuters; REUTERS  -  526 words
    • Article
      Lock icon Brain drain and more ails Taiwan
      614 19 Reuters Analysts also cite talent mismatch and critical skills shortage, including lack of proficiency in English WHEN Bernard Liv was looking for people to join his team of equity researchers at JPMorgan in Taiwan last year, he found a labour market rich in engineers
      – Reuters  -  614 words
    • Article, Illustration
      Lock icon Wen gets five more years as prime minister
      530 20 -AFP NATIONAL PEOPLE'S CONGRESS Re-elected despite presenting critical report of govt's performance [BEIJING] Although China's mild-mannered Prime Minister Wen Jiabao lamented his government's shortcomings in his annual "State of the Union" address, Parliament voted him in for a second term yesterday. Not
      -AFP; REUTERS  -  530 words
    • Article, Illustration
      Lock icon China's Mr Fix-It set for higher office
      609 20 -AP [BEIJING] When the Beijing mayor was fired in 2003 for bungling the Sars pneumonia outbreak, Chinese leaders turned to a politically connected, problem-solv-ing banker to replace him and reassure an anxious world. Wang Qishan, known for co-founding China's first domestic investment bank,
      -AP  -  609 words
    • Article
      Lock icon Central bank's head sees room to raise rates
      299 20 Bloomberg [BEIJING] China has room to increase interest rates and banks' reserve requirements to cool the world's fast-est-growing major economy, central bank governor Zhou Xiaochuan said yesterday. "There is room for all monetary policy" tools, including rates and reserve ratios, Mr Zhou
      – Bloomberg  -  299 words
    • Article
      Lock icon Just how tight is China's monetary tightening?
      668 20 Reuters Big gap between central bank's rhetoric and actions [BEIJING] China has declared repeatedly that it is shifting to a "tight" monetary policy to fight decadehigh inflation in place of its earlier "prudent" stance. But can it be believed? The answer to that
      – Reuters  -  668 words
    • Article
      Lock icon Tibetan riots spread; Lhasa locked down
      217 20 Reuters [BEIJING] Rioting erupted in a province neighbouring Tibet yesterday, two days after violent protests by Tibetans against Chinese rule in Lhasa that the region's exiled representatives said had killed 80 people. "They've gone crazy," said a police officer in Aba county, Sichuan, one
      – Reuters  -  217 words
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      123 19 LOEWE. The new Xelos range of Loewe LCD TV is truly a I sight to behold. Its aesthetically beautiful form is complemented by the stunning technology I within that integrates a HDTV receiver. Be captivated by perfectly brilliant images of your favourite movie or TV programme as every frame flows
      123 words
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      148 20 I k W V^rzJsSl TtTL'" <"TT™l' M IWllrM^BtffTMnr'rrlll HomEJ)E^ I i 1 Celebrating cover songs, reworked for better or for worse i Lin ftjJ'llwll^AnlVfli^ HSLh I J»tfit fc" II VFJJ 'fll /f J ifll Wi Klß^ lifted P^flMl I I P^^r^H I reworked for better I T^^y^^^^j I 111 FIGURE.
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  • WORLD
    • Article, Illustration
      Lock icon Rich nations urged to be more open with sovereign funds
      502 21 Reuters UAE minister: Funds are struggling to understand rules of the game [BRUSSELS] Rich countries calling for more openness from foreign state-owned investment funds need to provide more clarity themselves, a minister from an oil-rich Gulf state said on Saturday.
      ■ Reuters; BLOOMBERG  -  502 words
    • Article
      Lock icon Opec cuts oil supply forecast for non-members
      726 21 Bloomberg [LONDONIOpec has cut its production forecast for countries that are not members of the organisation, citing lower output from Western Europe, North America and Mexico. Non-Opec production will run at a rate of 50.37 million barrels a day this year, the Organisation
      – Bloomberg  -  726 words
    • Article
      Lock icon Tax dodgers in Austria, France, Spain implicated
      262 21 Reuters [BERLIN] Authorities investigating tax evasion by Germans using Liechtenstein banks are now in possession of four disks containing bank data which implicate people in other countries, a newspaper reported on Saturday. Bank customers from Austria, Spain and France would be implicated by
      – Reuters  -  262 words
    • Article, Illustration
      Lock icon Credit crunch squeezes US closed-end funds
      608 23 Reuters About USs33ob of debt securities and preferred shares are outstanding [BOSTON] US closed-end fund companies, hit hard by the credit crunch, are under pressure to redeem billions of dollars of preferred shares in the biggest crisis facing the US$3l5 biUion industry in two
      Reuters; REUTERS  -  608 words
    • Article
      Lock icon Allianz plans sale of Dresdner Kleinwort
      375 23 Reuters FRANKFURT] Allianz is planning to break up Dresdner Bank in a move that paves the way for a sale of investment oanking laggard Dresdner Kleinwort and an end to a marriage many investors wished never happened. The bank said on Friday that it
      – Reuters  -  375 words
  • Page 21 Advertisements
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      267 21 Opportunity is knocking, answer it fast. Win *****,000 in cash* and grants to boost your business For the first time ever, up to 3 promising SMEs will receive unrivalled support from some of the most established names in the business industry. The result of a powerful collaboration, the Emerging Enterprise
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  • FOCUS: BEAR STEARNS DEBACLE
    • Article, Illustration
      Lock icon Bear Steams rescue 'a finger in the dyke'
      948 22 Bloomberg Bailout repeats precedent of US govt's support in bad times: historians [NEW YORK] With Bear Steams' temporary rescue in place, the US$2OO billion sub-prime crisis joins the history of government bailouts to preserve jobs, homes and savings when economic disaster looms.
      – Bloomberg; AP  -  948 words
    • Article
      Lock icon Lewis may have lost US$850m on Bear stake
      362 22 Bloomberg [LONDON] Joseph Lewis, the sec-ond-largest shareholder of Bear Steams Cos, may have lost US$B5O million on Friday after the securities firm took emergency funding from the New York Federal Reserve and JPMorgan Chase Co. The British billionaire accumulated a 9.4 per
      – Bloomberg  -  362 words
    • Article
      Lock icon Citic 'can't guarantee' Bear Stearns investment
      501 22 Bloomberg [BEIJING] Citic Securities says the company "can't guarantee" that it will reach a final agreement on a proposed investment in Bear Steams Cos. Citic, China's largest brokerage by market value, hasn't signed any "formal agreement" or made any payment, it said last night.
      – Bloomberg  -  501 words
    • Article, Illustration
      Lock icon US' secret financial market exposed
      511 22 -AFP [WASHINGTON] The financial hurricane tearing through Wall Street has sparked vast losses at major banks, but it has also exposed a formerly secretive corner of America's financial markets. Millions of Americans track the Dow Jones Industrial Average and their stock portfolios daily, but the
      -AFP; AFP  -  511 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      123 22 tocl name lose range i Land 5.760 +0.150 iMall 3.080 +0.050 :it> 10.400 +0.040 ■osco Cor| 3.050 +0.010 iBS Gr| 16.860 -0.040 :SN 4.550 +0.100 ient Intl 0.610 +0.010 KLand 4.120 +0.040 ISH 15.700 +0.400 lardine C&C 17.600 -0.240 tocl name lose range <_ il Con
      123 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      103 22 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 6 9 2 0 0 0 6 9 2 Manufacturing 42 154 42 24 11 51 178 53 Commerce 14 54 12 17 17 71 13 >r/Cc ms 17 21 17 24 Finance
      103 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      125 22 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 108,903 108,903 554,321 554,321 Manufacturing 1,673,842 169,802 1,843,644 1,548,532 23,831 1,572,363 Commerce 284,738 9,054 293,792 440,257 1,317 441,574 >r/< 583,992 1,343 585,335 1,701,440 387 1,701,827 Finance 248,441 33 248,474 2,067,620 2,067,625 Construction 185,474 49,688 235,162
      125 words
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      256 23 ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is helmed by veterans who have been supporting over 1,000 users, giving
      256 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Cruise operators upbeat despite stormy economy
      575 24 AFP South American market has seen massive growth over the last five years [MIAMI] The global cruise industry is putting on a brave face as it sails into seas darkened by a faltering US economy, a weak dollar and record oil prices, major cruise
      AFP; AP  -  575 words
    • Article
      Lock icon Air France-KLM takeover deal gets Alitalia nod
      433 24 AFP [ROME] The board of Alitalia after a marathon meeting yesterday approved a formal takeover offer put forward by Air France-KLM, placing a very low value on the struggling Italian flag carrier. The operation is seen as critical to the troubled Italian airline's
      AFP  -  433 words
    • Article
      Lock icon BA pilots want Open Skies to hire flight crew from own pool
      457 24 Bloomberg [LONDON] British Airways pic pilots on Saturday demonstrated at the carrier's headquarters here against the company's plans to start a new airline. About 1,000 pilots and their family members marched toward British Airways' offices near London Heathrow
      Bloomberg  -  457 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2462 24 URLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,462 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        111 24 '000 lar 14 Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.56 0.37
        111 words
      • Article
        Lock icon KLSE
        40 24 '000 lar 14 Vol nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.71 8.05 7.45 3.88 3.14 0.22 0.14 -0.02 0.05 0.05 -0.04 0.04 unch unch 213 13 1327 719 78 40 125
        40 words
      • Article
        Lock icon BANGKOK
        12 24 '00 'recious Ship Regional Cont 24.20 24.00 -0.50 0.30 1576 581
        12 words
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        Lock icon HONGKONG
        15 24 '000 lar 14 HKf Vol Soil iingamas Cont 44.55 ..2.03 -2.80 -0.02 1850 2662
        15 words
      • Article
        Lock icon PHILIPPINES
        26 24 '000 lar 13 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.70 34.00 unch unch unch unch unch unch 13 1902 0 0
        26 words
      • Article
        Lock icon TAIPEI
        23 24 lar Evergreen Marine ....25.80 :irst Steamship 61.00 /Van Hai Lines 25.70 fang Ming Marine...20.30 -0.40 -0.90 -0.45 -0.10 13 4 6 6
        23 words
      • Article
        Lock icon TOKYO
        43 24 '000 lar 14 Yen Vol (awasaki Hvy Ind ..221.00 -2.00 ***** (awasaki Kisen 922.00 -69.00 ***** Mitsubishi Hvy 410.00 -10.00 ***** vlitsui Eng&Sbldg...271.00 -4.00 ***** vlitsui Osk Lines ...1189.00 -57.00 ***** Mippon Express 547.00 -9.00 9018 MipponYusen 890.00 -35.00 ***** iource: Reuters
        43 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Lock icon Page 24 Miscellaneous Column 1
      324 24 CRYPTIC CROSSWORD ACROSS 7 Blair came to change what I I |H jjH^HH I jjH Parliament is? (9) h^ ma^^L^^ m* mam maß. 8 On lake find river bird (5) ij^Kl HTi HH 10 Female slimmed down and wkWi |Mj wHt |H) {Ml |^B blossomed (8) H BTT 11 From
      324 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8993 25 Week ended: Mar 14 Hii Low Code Com| Sale ('OOP) Hii Low Bi Seller C'vr P/E imil 5716 1st Software 22 6.5 3148 STelecom 28.5 10 5834 A-Sonic 110 98.5 6389 ABF SG Bond ETF 30 13.5 1938 AEI Corp 26 7.5 1100 AEM 42 18 2101 APOil
      8,993 words
    • Article
      Lock icon SGX XTRANET
      77 25 52-Wk Tel High Low Code Last Sale Vol Cooo) Week lh Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Com _Hm 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech US200d US6200 250 1000 1000 6097 IS MSCI Spore ***** ***** 6101
      77 words
    • Article
      Lock icon SGX CATALIST
      2150 25 52-Wk Tel High Low Code Last Sale Vol C000) Week Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Comi >an< Hii 30 11.5 1181 s AAGrp 41.5 18 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 3 1501 s Advanced System
      2,150 words
    • Article
      Lock icon CLOB INTERNATIONAL
      264 25 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      264 words
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      29 25 Sole Distributor Service Centre: AUDEMARSjPIGUET (SINGAPORE) PRIVATE LIMITED '-'^9 S^tfMHflMlriSHHSHiHSß^^^-^ 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 WrK^^^^^^^^^ Internet: Http://www.audemarspiguet.com __^w ■j|H«*ug^ a
      29 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      371 26 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 14 World Index Preliminan 973.8 -1.2 -14.0 -1.1 -14.7 -1.2 -11.1 t EAFE Preliminan 931.7 -0.8 -16.9 -0.6 -14.8 -0.7 -11.2 Eun Preliminary 1300.8
      371 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      134 26 As at 9am Mar 14 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2940 1.3100 Can dollar 1.3920 1.4090 Euro 2.1410 2.1660 NZ dollar 1.1170 1.1420 jterlin iund 2.7870 2.8190 US dollar 1.3720 1.3880 Local dollars to 100 units of foreign
      134 words
    • Article
      Lock icon INTERBANK RATES
      156 26 Mar 14 Overnight 9/16 1-month 1 1/16 2-months 1 1/8 3-months 1 1/4 Overnight mode: 9/16 US$ Offer 7/16 15/16 1 1 1/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 2.75 2.83 2.83 2.85 2.75 2.75 2.75 Offer 2.65
      156 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 26 Mar 14 STI SIMSCI Mar 350.4 354.5 354.2 Taiwan Mar 321.1 321.8 313.3 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 26 Mar 14 Bid Offer 1-month 1.3798 1.3813 2-months 1.3777 1.3793 3-months 1.3763 1.3779 6-months 1.3723 1.3741 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      158 26 Mar 14 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.3031 1.3047 0.9427 0.9430 Canadian dollar 1.4061 1.4081 1.0172 1.0177 Euro 2.1546 2.1572 1.5587 1.5591 NZ dollar 1.1296 1.1321 0.8172 0.8182 Sterlim md 2.8095 2.8129 2.0325 2.0330
      158 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      355 26 Mar 14 OPEN HIGH LOW SETT VOL OP/INT iURODOLLAR FUTURES VlarO8 lunO8 iepO8 3ecO8 97.265 97.690 97.800 97.780 0 0 0 0 9682 ***** ***** 7726 EUROYEN FUTURES VlarO8 99.140 99.140 lunO8 99.205 99.205 >epO8 99.315 99.320 3ecO8 99.340 99.345 VlarO9 99.355 99.355 lunO9 >epO9 3ecO9 99.205B
      355 words
    • Article
      Lock icon SICOM FUTURES
      271 26 Mar 14 KUBBtK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Apr 08 May 08 Jun 08 Jul/Sep 08 Oct/Dec 08 Jan/Mar 09 389.00 391.00 393.00 393.25 393.25 395.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      271 words
    • Article
      Lock icon CHICAGO BOT
      99 26 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low MarO8 1340.00 1387.00 1400.00 1340.00 May 08 1352.75 1402.75 1413.00 1352.75 Jul 08 1368.75 1418.75 1428.00 1368.75 AugO8 1361.00 1406.00 1414.00 1356.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 08 60.00 62.10 61.13 59.80 May 08 60.56
      99 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 26 CRUDE OIL PRODUCTS Mar 13 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 106.37 1.11 WTI (Near Mth) 110.17 0.19 Dubai (1-Mth F) 98.86 0.47 Tapis blend 111.6 0.4 Minas 106.7 -1.3 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 98.92 127.55 -0.10 -0.4 US$/barrel Opec Oil
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 26 Mar 14 Rmb Euro HK! Ind Rs Rui Yen Won RM NZ! PakRs Peso Rand Sfr NT: Baht Pound us: Australia 0.927 6.681 0.605 7.338 38.121 87.261 0.946 9.404 2.986 1.153 59.225 39.171 1.304 7.486 0.951 28.983 29.610 0.464 0.943 Canada 1.079 7.209 0.653 7.919 41.138 94.165
      465 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 26 Mar 14 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****S 12.06.08 1-Year BY*****A 29.09.08 0.91 0.99 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N5O51OOF 2.625 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750
      90 words
    • Article
      Lock icon SIBOR
      78 26 Mar 14 (US$) (S$) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths
      78 words
    • Article
      Lock icon PALM OIL
      61 26 Mar 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Mar 08 3756 691 Apr 08 3796 3710 3830 3668 1457 3751 May 08 3798 3686 3837 3670 ***** ***** JunO8 3799 3689 3837 3672 6301 ***** Total
      61 words
    • Article
      Lock icon PRECIOUS METALS
      170 26 Mar 14 GOLD (USS/oz) Mar 13 Mar 14 GOLD BULLION COINS (S$) Sellim Hong Kong 987.30 993.30 988.30 994.30 Mar 13 Mar 14 London 993.00 998.90 993.70 999.80 Source: Reuters (S$) Selling Buying 1 oz 1526.89 1379 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $535.00 439 SILVER
      170 words
    • Article
      Lock icon LONDON METALS
      70 26 Mar 14 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 3050.50 3077.80 3 months 3088.00 3115.00 Copper, Grade A (US$/tonne) Cash 3 months 8484.00 8360.00 unch 8380.00 Lead (US$/tonne) Cash 3094.50 3 months 3085.00 3111.00 3100.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
      70 words
    • Article
      Lock icon LIFFE
      77 26 Mar 14 (£/tonne) Close Prev Hii ih/Low May 08 1487 1475 1525/1465 JulO8 1529 1517 1567/1502 SepO8 1474 1460 1504/1452 Dec 08 1454 1455 1489/1444 COFFEE (US$/tonne) Close Pev High/Low Mar 08 2621 2733 2805/2630 May 07 2631 2758 2811/2630 JulO8 2626 2740 2782/2613 SepO8 2624 2734 2758/2623 SUGAR
      77 words
    • Article
      Lock icon BONDS & WARRANTS
      3127 26 BONDS WARRANTS Pel lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Lef1 3779 ASL Marine Hldgs W*****1 >036 Advance SCT Ltd W*****9 41 -85 47 3.5 -0.5 1012 1 53 1 87 -3 2.35 218 8.14 1 29 )092 Asia Environment W*****4 3756
      3,127 words
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      Lock icon Page 27 Advertisements Column 1
      1807 27 m The Business Times uuu Shipping Times L.-i-l.'^in.|.i|..i- E a.ViI-i/.i-i In-!• 'L'-i-l. EV/ a.ViI-i/.i-i In-L.N-.i-1 V L^^^k^JJ MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination WT^f^^ IT <l~\ L-•• i-1. Sn- 1-I|- -i- Ev/ m-iI-i/m-i in-1--ii-M-1 L-»i-1. E a.\-iI-i/m-i in-1-.ii-M-1 •g^^^^fc-g^MB attL__ (9^&* I Tramping for bulk bieakbulk mineral ores project cargoes
      1,807 words
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      3944 28 WAN HAI INTERNATIONAL PTE LTD crn0 **********0/r |TE a CTITTHVT I~^ A. T> ¥TVTI7T> TTk I //ffljfc C^i T«Q 7 +C~/?■ VTTT\ IAIAII 11*1 I Ilirr TEL *****588 (14LINES) FAX:*****163 I M iTA 1^ AS 1 EKJN CAR LIiMEK, LID \Wj C£j C& \\VA iWAN HAI INES Se,vi,e/B..l<ings Di,«l Une
      3,944 words
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      Lock icon Page 29 Advertisements Column 1
      2978 29 I I A MnCDCCMH Tel: 65-*****907 Fax: *****917 I i^™ _P>____^V ES WmaW ES B9 EE K5 ANDh.KSh.N Email:asc@ascasia.com I VSH Rl fIRY NAUIfiATMN RRflllP I mm^mmWmW I shipping companyT 70 Shenton Way, #21-03 Marina House Singapore *****8 UI.WH I llft-lUt-HUII OnUUr __L^_IMP!!I!IMnMP HP NORTH WEST EXPRESS LINE UVf\*L-£Mk.^Tiflk*-<n MONTHLY
      2,978 words
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      Lock icon Page 30 Advertisements Column 1
      3297 30 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      3,297 words
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  • BizIT
    • Article, Illustration
      Lock icon Philips sees surge in demand for LED lighting solutions
      1035 31  -  AMIT ROY CHOUDHURY Dutch electronics giant expects demand to grow at twice the GDP growth in the region AS the standard of living rises in the Asia-Pacific, Philips sees an opportunity to introduce its innovative lighting solutions into the region, which
      1,035 words
    • Article
      Lock icon Master 3D messaging security
      1065 31  -  BENJAMIN LOW <you say> If you settle for mediocrity, you could wind up creating more problems than you solve 3y MESSAGING security is starting to resemble the world of video games. And that's a good thing. In the 1980s and for much of the *****, video
      1,065 words
    • <what's up>
      • Article
        Lock icon Software AG to run roadshow on April 15
        89 31 GERMAN database software firm Software AG will run a Service-Oriented Architecture (SOA) and Business Process Management (BPM) technology roadshow on April 15, from 8.30 am to noon, at The Arts House at the Old Parliament. The avent, called "Get There Faster with
        89 words
      • Article
        Lock icon HP Alumni to meet on March 24
        69 31 THE Singapore arm of Hewlett-Packard (HP) Alumni, a non-profit organisation whose members are former employees of Hewlett-Packard, will hold its 7th annual general meeting cum networking session on March 24, from 6.30pm at the Singapore Cricket Club. Nonmembers and guests are welcome to
        69 words
      • Article
        Lock icon e-Cop names new chief executive
        52 31 SINGAPORE information security services firm, e-Cop, has appointed former Intel staffer Marcus Low as its group chief executive officer and president. Before joining e-Cop, Mr Low was general manager of Intel Asia-Pacific's South-east Asian operations. He replaces e-Cop founder Eddie Chau, who left the company
        52 words
      • Article
        Lock icon Two S'poreans named Young Global Leaders
        51 31 NATIONAL University of Singapore (NUS) associate professor Adrian David Cheok and GS Caltex Corporation vice-president Se-hong Hur have been named Young Global Leaders 2008, joining 243 others from around the world. Given by the World Economic Forum, the annual award recognises top young leaders
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      • Article
        Lock icon DMX inks Mongolia interactive TV deal
        89 31 SGX mainboard-listed DMX Technologies Group, which provides IT and digital media solutions across the region, has signed a deal with Neimeng Broadcast TV Information Network to implement a provincialscale interactive digital TV platform in Inner Mongolia, China. Neimeng, the province's only cable TV operator,
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      • Article
        Lock icon Hewlett-Packard wins best employer award
        56 31  -  ONG BOON KIAT HEWLETT-PACKARD (HP), which employs more than 6,000 people in Singapore, has won HRM Singapore magazine's Employer of Choice award for the second time in five years. The award's past winners were Shell Eastern Petroleum (2007), The Ritz-Carlton, Millenia Singapore (2006), HP (2005)
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    • Article, Illustration
      Lock icon Tough fight in store for new smart phones
      613 31  -  WINSTON CHAI TWO new brands are hoping to make a dent in Singapore's crowded smart phone market, but industry watchers warn that these upstarts could be in for a rough ride. Last week, Dubai-based i-mate made its local foray by tying up
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    • Article
      Lock icon Cowardly robot steals show at conference
      273 31 AP [AMSTERDAM] A robot with a cowardly streak took top honours at a conference on human-robot interaction here on Saturday, winning the crowd over with antic displays intended to mimic human phobia. The "Phobot", designed by a team of students from the University of
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      Lock icon Tata to set up centre of excellence here
      1075 32 ndian IT giant grew its business in the Republic by 50 per cent last quarter, writes AMIT ROY CHOUDHURY INDIAN IT services giant Tata Consultancy Services (TCS) is setting up a centre of excellence for financial services in Singapore. According to TCS'
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    • Article
      Lock icon Mailstream firm to up Asian investment
      529 32  -  ONG BOON KIAT US mailstream solutions provider Pitney Bowes, which in November set up its Asia-Pacific and Middle East headquarters in Singapore, is set to invest more in Asia in the coming months. "Being able to utilise the development capabilities in Asia is important
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      Lock icon Physical mail not going away yet
      352 32 "MAIL is pretty sexy", insists Murray D Martin. Having seen all manner of mail and mail delivery methods come and go in the past two decades, the 60-year-old president and CEO of US mailstream company Pitney Bowes says that he still gets the buzz
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      Lock icon Look beyond mobile goggle box and find the right niche
      858 32  -  WINSTON CHAI &lt;we say&gt; The Achilles' heel of mobile TV is something fundamentally unrelated to technology there is simply no pressing consumer demand BEYOND the glitz and glamour surrounding the launch of sleek handsets at the annual Mobile World Congress
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    • <what's new>
      • Article
        Lock icon HP's new laptop comes with a twist
        105 32 HEWLETT-PACKARD has launched the Pavilion tx2ooo Series Entertainment Notebook PC in Asia-Pacific, including Singapore. With prices starting from $2,699, the tx2ooo features a 12.1-inch touch-screen display that can be swivelled and folded into a tablet-like computing device. In this mode, users can draw
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      • Article
        Lock icon Lenovo goes green with PCs made from recycled plastic
        86 32 LENOVO has announced a small form-factor desktop PC family made from recycled plastic the Think Centre M57/MS7P "Eco". They are fitted with Intel Core 2 Duo processors with clockspeeds of either 2.33 GHz or 2.66 GHz. They also sport environmentally friendly
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        Lock icon Symantec upgrades backup applications
        78 32 SYMANTEC has launched a new version of its long-standing enterprise backup application Backup Exec. Backup Exec 12 for Windows Servers now supports Microsoft's Windows Server 2008 and claims to improve the speed of backup and restore of Microsoft Exchange, SQL Server, Active Directory and Share Point
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        Lock icon AT&T launches new Ethernet service
        59 32  -  ONG BOON KIAT THE world's largest carrier has launched a new class of Ethernet service called OPT-E-WAN for its enterprise customers in the US and 14 overseas locations, including Singapore. Available in the coming months, the service lets businesses create virtual local area networks or
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