The Business Times, 28 March 2008

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Microfilm: NL28858
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg mm a Singapore press holdings publication coregnnoi9B4o2B6Be mica (p) 122/12/2007 Friday, March 28,2008
    22 words
  • Article, Illustration
    Lock icon Banks, markets and music
    174 1 ARE Singapore banks bracing for leaner times? Find out what they are up to in the April issue of Pulses, out now at newsstands. You can also get up close and personal with market guru Gerrard Ball, Clipper Ventures chairman Robin Knox-John-ston, Ezra Holdings MD Lionel
    174 words
  • Article
    Lock icon Low point of crisis may be over, feels Temasek unit
    608 1 Bloomberg Investors have reached the point of maximum fear, says Fullerton CEO [SINGAPORE] Temasek Holdings' fund management unit says investors have passed "the point of maximum fear" amid the global credit squeeze. Fullerton Fund Management sees the US Federal Reserve's
    Bloomberg  -  608 words
  • Article, Illustration
    Lock icon Worst case: 3% growth, best case: 5.5% – NTU
    649 1  - Worst case: 3% growth, best case: 5.5% NTU CHEW XIANG Its economists say that Spore will feel the pain if US goes into a recession [SINGAPORE] GDP growth in Singapore could be as little as 3 per cent this year if the US economy tanks, economists from the Nanyang Technological
    NTU  -  649 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      41 1 lursi iam ICOMP 1,254.03 +8.61 IIKKEI225 12,604.58 -102.05 1ANG SENG 22,664.22 +47.21 ;et INDEX 822.96 +5.39 JAKARTA COM P 2,451.35 +10.71 IANILACOMP 2,925.91 +7.54 ;eoulcomp 1,676.24 -3.43 ;henzhen B 543.19 -11.67 IUMBAI IND 16,015.56 -71.27 12NOONEDT 12,395.91 Change -26.95 )OW
      41 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.475 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 5.25 CANADA 5.25 SWITZERLAND 4.14 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      38 1 IS$ (S$ )er US$) 1.381 (US$/S$ per 2.006 2.76! ;URO(US$/S$/E) 1.575 2.17. 'EN 99.50 72.1 3.209 2.32. IK$ 7.781 5.637 !AHT 31.40 22.7 lUPIAH 9,205 6,66! 1ENMINBI 7.016 5.082 INDIAN RUPEE 40.11 29.0I 1.088 0.781 1.244 0.901
      38 words
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      3 1 8 '*****1 *****4
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      173 1 y^JaT^ Master piece ,229^^ *^aaaaaW x. J^k^^^B -J^ «y. ff //J^k aaafl H LU.C Steel Wings Tourbillon. The crafting of a I PF| tourbillon movement remains the exclusive I preserveofahandfulofwatch"Manufactures".As 1 a member of this extremely select circle, Chopard has innovated by creatingthe world-first variable--1 I inertia balancethatgreatlysimplifiesadjustment. k J
      173 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      110 1 WALL STREET COMMENTARY COMPANIES T J^ PROPERTY Axe hangs over Time to end stand-off SIA: A3BO induction ~< The $l.lb deal for bonuses, jobs over ST Index smoothest of all jets $JSH^«BS2 v*~^^ 1 George Street PAGE 19 PAGE 5 PAGE 6 ra&i^^^ PAGE 2 WALL STREET COMMENTARY COMPANIES .nr
      110 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon S'pore punches above its weight in research
        73 2 SINGAPORE may have a smaller pool of resources compared with many leading centres in the US or Europe, but its scientific productivity is among the top in the world. In a study by publisher Wiley-Blackwell, Singapore was found to have the highest number
        73 words
      • Article
        Lock icon A-Reit's properties see $484m valuation gains
        69 2 ASCENDAS Real Estate Investment Trust (A-Reit) said yesterday the book value of its investment properties rose $483.6 million about 14.2 per cent during the latest annual valuation exercise. A-Reit attributed the increase from the previous book value at Feb 29, 2008 to an improving
        69 words
      • Article
        Lock icon Tiger Airways CFO quits after 10 months in hot seat
        48 2 TIGER Airways' chief financial officer Peter Negline has quit the company after just 10 months a move that may fan speculation that an initial public offer by the airline could now be further away. COMPANY NEWS, PAGE 6
        48 words
      • Article
        Lock icon KS Energy bags US$130m rig charter, drilling deal
        82 2 MARKING its move up the value-chain into offshore rig charters and drilling operations, KS Energy has just clinched a US$l3O million-plus, three-year charter from an unnamed oil major to drill for oil and gas in the Mediterranean Sea. The charter of its
        82 words
      • Article
        Lock icon Choa Chu Kang residential parcel for sale by URA
        72 2 THE Urban Redevelopment Authority yesterday launched a I.9ha residential site at Choa Chu Kang Drive for sale by public tender. Analysts estimate that the 99-year leasehold site, which is within walking distance from Choa Chu Kang MRT station, could fetch $230-$270
        72 words
      • Article
        Lock icon Maybank dives 6.2% on concern over BII deal
        77 2 MALAYAN Banking Bhd fell the most in more than six years yesterday after analysts said a US$2.7 billion offer for PT Bank Internasional Indonesia is overpriced and will undermine its ability to pay dividends. Malaysia's biggest bank dropped 55 sen, or 6.2
        77 words
      • Article
        Lock icon Cheung Kong posts 56% jump in second-half profit
        74 2 CHEUNG Kong posted a 56 per cent rise in second-half profit after reporting higher investment income and earnings at unit Hutchison Whampoa Ltd. The property giant said for the full year net income rose 53 per cent to HK527.7 billion. Profit for
        74 words
    • Article
      Lock icon CCT gets option to buy 1 George Street for $1.17b
      1012 2  -  KALPANA RASHIWALA Deal comes with income support from seller Capita Land till 2013 [SINGAPORE] Big office investment sales deals have not ground to a complete halt. Capita Commercial Trust announced yesterday that it has an option from sponsor Capita Land
      1,012 words
    • Article
      Lock icon US GDP up a feeble 0.6% in Q4
      578 2 ■AP LATEST US DATA Some economists say economy could be shrinking now [WASHINGTON] The US economy nearly sputtered out in the final quarter of last year and is probably faring even worse now amid the housing, credit and financial crises. The Commerce
      ■AP  -  578 words
    • Article
      Lock icon S'pore punches above its weight in research
      539 4  -  CHEN HUIFEN Study says Republic has highest number of research papers per 1,000 people By [SINGAPORE] Singapore may have a smaller pool of resources compared with many leading centres in the United States or Europe, but its scientific productivity is among the top
      539 words
    • Article
      Lock icon Private bank RBS Coutts looks to expand in S'pore
      370 4  -  CHOW PENN NEE By [SINGAPORE] Fresh from a rebranding exercise, RBS Coutts formerly known as Coutts Bank is gearing up to expand in Singapore. And like many other private banks, it is keen to make Singapore the headquarters for its international
      370 words
    • Article, Illustration
      Lock icon Deloitte's Chaly Mah to head top accounting body
      416 4  -  MICHELLE QUAH He will be president of CPA Australia's Spore division [SINGAPORE] Professional body CPA Australia will be appointing Deloitte's regional managing partner, Chaly Mah, as its new Singapore division president. Mr Mah who is also the CEO of Deloitte Asia Pacific,
      FILE PHOTO  -  416 words
    • Article
      Lock icon US Congress Drobes govtbacked buyout of Bear Stearns
      694 4 Bloomberg This may herald a broader backlash against the deal [WASHINGTON] The Senate Banking and Finance committees are probing the government-backed sale of Bear Steams to JPMorgan Chase. They have voiced concerns about the risk that deal posed to taxpayers from federal
      Bloomberg  -  694 words
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      108 2 In the Raffles Conversation 't-- ZZ3sc tomorrow ■fe-S^gfe, Paul f| f T? Sarbanes on a the US sub-prime mess Chinese Paintings Wanted &j£s Xußeihong $RT|fe Li Keran Li Kuchan Sties'* i*li*» jflh> ffiff*'J> Lv Yanshao Yu Youren Jlf Huang Zhou Bai Xueshi Feng Zikai Xie Zhiliu Li Kuchan Lv Yanshao
      108 words
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      Lock icon Page 2 Advertisements Column 2
      161 2 Live the Ultimate. Own the world's Ultimate .^^H Home Entertainment Lifestyle Technologies II tj :i F*iT 'T'fen I custom-engineered to the aspirations WEsESfIKUFHi-Jji: f;■ IH l^^fl of your ultimate lifestyle. I^^^HS^^Ph Live the Ultimate. Ong h^adio Internst ona Gnci AY Special sts 176 Orchard Rd No.l Coleman St I^^H^flH The
      161 words
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      1654 3 BT ADVERTORIAL X C— .jS v\7 WL\ a mmm\. HmK If mmm' ff m BPa* \s~ J^~ Jm%Ol I]\ IH X i'l ah 9 W^^^&^*~ \'\J^:^^^^mmmmummT m^^kW I if'JKhH **xb Ij^^H Committed to serve M7U /s a well-known supplier of drive systems for land, marine and rail applications and has
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      169 4 THE MONETARY AUTHORITY OF SINGAPORE Tenor Approximately 5 years Total Amount Allotted SGD 2,500,000,000 Amount Allotted to Non-Competitive Applications SGD 345,958,000 Of which allotted to MAS SGD 200,000,000 Total Amount Applied SGD 4,042,703,000 Coupon Rate 1.625% p.a. Cut-off Yield Price 1.65% p.a. and on Allotment 99.880% 4 Average Yield Price
      169 words
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      Lock icon Page 4 Advertisements Column 2
      139 4 I™^^^^^ The Amana side-by-side madeinthe 1- Lj^a js|; refrigerator is A rated for am A Energy Efficiency. The -p^ I 1 1—^ Ice 'N Water™ dispenser S ■5 O models are fitted with an USA uUr "81 J^^^B easy reach water filter. [TTWTTTI v It can dispense water, j crushed
      139 words
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  • COMPANY NEWS
    • Article
      Lock icon $484m gain in value of A-Reit properties
      335 5  -  UMA SHANKARI The trust attributes the 14.2% surge to improving industrial property market ASCENDAS Real Estate Investment Trust (A-Reit) said yesterday the book value of its investment properties rose $483.6 million about 14.2 per cent during the latest annual valuation exercise. A-Reit attributed
      335 words
    • Article
      Lock icon Templeton wants 24% more for AsiaPharm
      194 5 Reuters FUND manager Templeton Asset Management said yesterday that it will sell its 4 per cent stake in drug company AsiaPharm only for a 24 per cent higher price than the current offer made by private equity firm MBK Partners. "If they are going
      Reuters  -  194 words
    • Article
      Lock icon Impasse over real-time STI data: How long can this continue?
      734 5  -  R SIVANITHY UNTIL now it has been assumed that the reason for the nearperfect correlation between the Straits Times Index (STI) and Hong Kong's Hang Seng Index is that Hong Kong, being the region's largest and most liquid stock market,
      734 words
    • Article, Illustration
      Lock icon SIA: A380's induction smoothest of all jets
      450 6  -  YEN SREENIVASAN Reliability has been generally excellent despite teething problems, it says DESPITE recent glitches, Singapore Airlines says the introduction of the giant Airbus A3BO has been smoother than that of any other aircraft it has brought into service. "The A3Bo's reliability since
      FILE PHOTO  -  450 words
    • Article
      Lock icon Eastech to list Hifi on Thai bourse's MAI
      362 6  -  SARA LIM EASTERN Asia Technology Ltd (Eastech), a local manufacturer of speakers and digital audio-video electronic products, plans to list its Thai distribution arm on the Market for Alternative Investment (MAI) of the Stock Exchange of Thailand (SET). MAI is a source
      362 words
    • Article
      Lock icon Tiger Airways CFO quits after 10 months in job
      449 6 TIGER Airways' chief financial officer (CFO) Peter Negline has quit the company after just 10 months a move that may fan speculation that an initial public offer (IPO) by the airline could now be further away. A former Hong Kongbased JPMorgan
      449 words
    • Article
      Lock icon Olam shares rise after firm responds to Merrill's report
      375 6  -  EMILYN YAP SHARES of 01am International, which on Wednesday plummeted 14 per cent in price following a "sell" call by Merrill Lynch, recouped part of the loss yesterday after the company responded to the investment bank's research report. 01am regained up
      375 words
    • Article, Illustration
      Lock icon CapitaLand to build Viet condo
      340 6  -  UMA SHANKARI It'll hold 60% stake in USssoom project in Ho Chi Minh City CAPITALAND said yesterday that it will build a US$5OO million project in Ho Chi Minh City with a Vietnamese partner. Capita Land will take a 60 per cent stake in the
      340 words
    • Article, Illustration
      Lock icon KSE bags US$130m charter deal
      567 10  -  RONNIE LIM 3-year charter for drilling jack-up comes with a 1-year renewal option MARKING its move up the value chain into offshore rig charters and drilling operations, KS Energy (KSE) has just clinched a US$l3O million-plus, three-year charter from an unnamed oil major to drill
      ARTHUR LEE  -  567 words
    • Article
      Lock icon Ezra inks USs77.6m worth of charter deals
      272 10  -  MICHELLE QUAH OFFSHORE and marine service provider Ezra Holdings has signed charter contracts worth U5577.6 million which it expects to have an impact on its earnings from the current fiscal year. The deals for seven vessels comprise new contracts and the renewal of
      272 words
    • Article
      Lock icon AusGroup sees 35% rise in FY'OB revenue
      319 10 Reuters SINGAPORE-LISTED AusGroup, which provides engineering to mining and energy firms, yesterday said that it sees revenue up at least 35 per cent in its 2008 fiscal year and is looking for an acquisition for growth. AusGroup executive director Stuart Kenny told Reuters
      Reuters  -  319 words
    • Article
      Lock icon FCT to buy $480m malls from parent
      410 10 Reuters FRASERS Centrepoint Trust (FCT), which owns suburban malls, said yesterday that it would buy three properties worth $480 million in two years, funded mostly through loans as investor appetite for new equity dries up. "Right now, the capital market is not there
      Reuters  -  410 words
    • COMPANY BRIEFS
      • Article
        Lock icon OKP Hldgs gets $16.8m CTE contract
        67 10 OKP Holdings has secured a $16.86 million contract to widen a stretch of the Central Tunnel Expressway between Ang Mo Kio Aye 1 and Aye 3 by building an extra lane in each direction as well as improve existing infrastructure. OKP said it has
        67 words
      • Article
        Lock icon Sky One faces breach of contract claims
        91 10 SKY One Holdings said a writ of summons has been served on the company. The writ had been obtained by mDR Limited, which is claiming *****,000 for an alleged breach of contract arising from a sale and purchase agreement between the two companies
        91 words
      • Article
        Lock icon SingXpress sells stake in Global Med
        40 10 SINGXPRESS yesterday said it has disposed its entire stake of 2,817,881 shares in the quoted securities of Global Mcd Technologies at an average price of US$O.B4 per share, or about 553.25 million in total.
        40 words
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      Lock icon Page 5 Advertisements Column 1
      165 5 qreenlT v because we care Own that which appreciates, rent that which depreciates. Rockefeller, 1920 <t a All sharp financial minds know fa that investing in depreciating k i Bjp assets like business technological hardware W*\t BURIES that cash. W/1 r Choose to go rental instead with RENTWISE. I HW
      165 words
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      Lock icon Page 5 Advertisements Column 2
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      432 words
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      82 6 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. S MATS NOTICES BBS Bl I Vm. I Bl I ■■■■■■I ■bbVy H I I v I m 1 p*«*s* bbb P I Vbbl I bbbbbbbl I Ellvl v
      82 words
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      256 7 Screen images are simulated. ©2008 Samsung Electronics Co. Ltd. m. 'z% w^«^ \^H //JSse&s/JJ^k o YS9BS y /^^mbbb^^ J hß^B\ "c bV^^b. V j*jS^ k& ilir V^BP^BpflV^Bp^BP^Blflflflflßfl^^ **ff&£^&ntßFOaU^^ "r BBV^^ bjbbb^ l" "^B3^H 'i BBSV^B^BSV^B^B^BfIk i B^^ H^l I J^™ imagine upgrading r^~3 Q your business arsenal 1 If there's
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Traders count on a Wall St rebound
      610 8  -  R SIVANITHY TOCKS ST Index jumps almost 30 points; China stocks and commodity plays hog the limelight CHINA stocks and commodity plays such as 01am International, Golden Agri and First Resources provided the main focus yesterday as the Straits Times Index (STI) rose
      Bloomberg  -  610 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      96 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 8 3 6 0 0 0 lanufacturing 86 44 50 10 14 96 49 Commerce 37 17 11 42 19 16 )t/Stor/Comms 17 12 12 19 12 12 :inance 17 12 18 12 Construction 11 15
      96 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 23,246 23,246 112,895 112,895 lanufacturing 422,550 34,025 456,575 313,742 3,293 317,035 Commerce 106,213 848 107,061 110,876 154 111,030 'pt/Stor/Comms 93,108 77 93,185 263,577 20 263,597 :inance 40,139 19 40,158 377,592 377,595 Construction 58,595 8,546 67,141 16,008 1,305 17,313 ■roperties
      119 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      102 8 lapitaLand 6.400 +0.140 :apitaMall 3.440 +0.040 jtyDev 11.200 +0.220 losco Corp 3.470 +0.110 IBS Grp 18.600 +0.220 :&N 4.780 -0.060 Sent Intl 0.595 IK Land 4.160 +0.080 ISH 16.560 -0.120 lardine C&C 19.240 +0.280 leppel Corp 9.790 -0.010 leppel Land 5.540 +0.010 IOL 3.200 +0.100 loble
      102 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      964 8  -  UMA SHANKARI Olam International March 27 close: 552.04 Merrill Lynch, March 25 STRUCTURAL de-leverage needed: We are downgrading Olam to "sell" from "neutral" due to: 1) reduction in our fair value estimate to 551.60, 2) high net gearing of 4.6 times implying an immediate need for equity, 3)
      Bloomberg  -  964 words
    • Article, Illustration
      Lock icon Another nasty session for the greenback
      537 8  -  LARRY WEE CURRENCIES BAD news dogged the US dollar again yesterday, even if higher commodity prices did put some Asian units back onto the defensive. In overnight trading, the greenback was hurt anew by a combination of more bad news for the US economy
      Reuters  -  537 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      54 8 Mar 27 VALUE CLOSE -299.00 +67.0 BT OB/OS BT CADI -*****.00+133.0 BT 10-day MA -*****.00 -30.00 FTSE ST Mid Cap 760.91 +10.95 FTSE ST Small Cap 635.40+12.70 FTSE ST All Share 769.86 +9.24 FTSE ST China 452.67+21.09 UOB Catalist 148.26 +1.88 SIMSCI 377.80 +2.94 SIMSCI Futures 378.90
      54 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 8 VOLUME Golden Agri 44,042,000 Yanqzijianq 40,454,000 Li Henq 40,218,000 Synear 38,044,000 CoscoCorpMßl_eCWoBoBol 36,373,000 ChinaEnerqy 36,264,000 China Honqxinq 34,646,000 UniFiber 34,275,000 Sing Tel 27,403,000 CoscoCorpMEßeCWoBo9lB 23,495,000 VALUE(S) DBS Grp 115,830,844 SGX 107,774,690 Sing Tel 107,408,080 UOB 92,223,948 Keppel Corp 77,247,066 Capita Land 70,363,322 Cosco Corp 54,518,320 OCBC Bk
      57 words
    • Article
      Lock icon RISES
      109 8 BY CENTS CLOSE UP 9420 237.3 1.9 GLD 10US$ SGX 776 36.0 4.9 UOB 1960 36.0 1.9 DBS Bk6% NCPS 10 ***** 30.0 0.3 Jardine C&C 1924 28.0 1.5 !S Enen 189 26.0 16.1 China H 10US! 1545 24.8 1.2 At 1120 22.0 2: iBS Gr| 1860 22.0 1.2
      109 words
    • Article
      Lock icon FALLS
      113 8 BY CENTS CLOSE DOWN JMH 3032 -96.6 -2.3 Venture Cori 1120 -22.0 -1.! JSH 1656 -16.6 -0.7 MBLiCW/*****3 308 -14.0 -4.! SIA 200 1522 -14.0 -0.9 *AVJennini 71 -12.7 -12.3 Sembawani 887 -12.0 -1.! I seta n 384 -10.0 -2.5 295 -8.0 -2.i lobleGri iBeCW*****4 -7.5 -78. BY PERCENTAGE
      113 words
    • Article
      Lock icon CURRENCIES
      87 8 Where S$ stands Mar 11 CHNG CLOSE FR Mar 26 YR 2008/07 S$ LOW S$ HIGH USS 1.3813 0.09 1.5479 1.3757 Euro 2.1786 -0.59 2.2064 1.9913 Pounds 2.7777 -0.08 3.1194 2.7339 AS 1.2701 -0.37 1.3555 1.1741 Yen* 1.3866 -0.39 1.4484 1.2285 Rill liah* 0.***** 0.30 0.***** 0.***** Baht* 4.4004
      87 words
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      2365 9 Financial ReSUItS Year Ended 31 December 2007 SUMMARISED FINANCIAL INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2007 The following Financial Statements contain only a summary of the information in the full financial statements and directors' reports of DBS Group Holdings Ltd and its subsidiaries ("the Group") and DBS Bank Ltd
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      954 10 Lianhe Zaobao I Whither Chinese stock market? IJjJmBS&/riJi!ililHiiff!feiM Financial ReSUItS Ended3l December2oo7 SUMMARISED FINANCIAL INFORMATION FOR THE FINANCIAL PERIOD FROM 7 MAY 2007 (DATE OF INCORPORATION) TO 31 DECEMBER 2007 The following Financial Statements contain only a summary of the information in the full financial statements and directors' report of
      954 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Strong brand key to good financial performance: study
      393 11  -  QUAH CHIN CHIN Effects clearest in property-Reits, retail-F&B and environment industry THE shares of companies with strong brands perform better than those of less well-known companies, according to a joint report by brand strategy consulting firm StrategiCom and DMG Partners Securities. The
      393 words
    • Article
      Lock icon Bio*One takes US$10m stake in Nasdaq firm
      540 11  -  CHEN HUIFEN EDB unit buys 1.25 m new Alexza shares, a 3.8% holding SINGAPORE biomedical investment firm Bio* One Capital has pumped US$lO million into Alexza Pharmaceuticals in a deal that involves the Nasdaq-listed company setting up a manufacturing plant here. Bio* One,
      540 words
    • Article
      Lock icon IP marketplace for local enterprises launched
      343 11  -  WEE JUN KAI EXPLOIT Technologies, the marketing and commercialisation arm of the Agency for Science, Technology and Research (A*Star), launched the Exploit-IP Program yesterday, supported by the Ministry of Trade and Industry (MTI). Through a series of TechLicensing Fairs as well as an online
      343 words
    • Article
      Lock icon Carl Zeiss opens $30m advanced imaging centre
      277 11 INTERNATIONAL optical and opto-electronics company Carl Zeiss yesterday officially opened an advanced imaging centre in Singapore. The $30 million centre at International Business Park-the company's first worldwide allows prospective clients to view and trial the full range of Zeiss micro and nano-imaging solutions
      277 words
    • Article, Illustration
      Lock icon Choa Chu Kang residential parcel up for sale
      387 12  -  UMA SHANKARI Analysts think the 99-year leasehold site may fetch $230-$270 psf ppr THE Urban Redevelopment Authority yesterday launched a 1.9-hectare residential site in Choa Chu Kang Drive for sale by public tender. Analysts reckon the 99-year leasehold site could fetch $230-$270
      387 words
    • Article
      Lock icon Asian utilities keen on recycling waste gas: GE Energy
      446 12  -  MATTHEW PHAN Two modifications for gas-driven plants are starting out in the region ASIAN utilities and other energy users are showing keen interest in improving efficiency and recycling waste gases in their generators, says an executive of US-based GE Energy. The
      446 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Higher CPF housing grant for 35+ singles
        117 12 STARTING from April 1, singles aged 35 years and above who buy an HDB resale or DBSS flat to live together with their parents may apply for a higher-tier CPF Housing Grant of $20,000 if they meet the eligibility conditions. Eligible singles must
        117 words
      • Article
        Lock icon More hand, foot and mouth disease cases
        104 12 THE Ministry of Health (MOH) said yesterday that there has been an increase in the number of hand, foot and mouth disease (HFMD) cases this year, especially over the last two weeks. Compared to last year, there has also been a higher circulation
        104 words
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      98 11 m^^^b^^^"^^ |4^^^^flVKi o^Allft^^l L^^k \d 4 ft B^P I« t* H^^^^ Pml^' B4 a* ib^^ WkF4 lifivl "/Til I tsl 'L! ll Ell fiHßlifl Hla i »I#B 1> LfcT -t-^=> a r A RfllP^Sfll I KflF^ Bin L— <- r^*^ |—111_|_ QUTAT TH E t' ne notter 't 9ets' c
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      2720 12 APEX-PAL INTERNATIONAL LTD. Company Registration Number *****4816E (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Apex-Pal International Ltd. (the "Company") will be held at One living Road, Apex-Pal Building, Singapore *****0, on Monday, 21 April 2008 at
      2,720 words
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      Lock icon Page 12 Advertisements Column 2
      1076 12 IN THE MATTER OF IN THE MATTER OF N THE MATTER OF COMPANIES THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 ACT, CHAPTER 50 AND AND ND IN THE MATTER OF IN THE MATTER OF im tuc uattpd nr MBE TECHNOLOGY HOLDINGS PTE LTD IN THE l**nEß °F
      1,076 words
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      9 12 vjell opur -stuff ST tt POST YOUR AD WWW.SnOI.COM
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon More oversight of investment banks: Paulson
      498 13 His statement marks change in the government's stance since credit crisis [WASHINGTON] Signalling a willingness by the Bush administration to expand its oversight of Wall Street, Treasury Secretary Henry Paulson said on Wednesday that investment banks should submit to greater supervision if they want
      AP  -  498 words
    • Article
      Lock icon European central banks act to boost liquidity
      553 13 neuters [FRANKFURT] The central banks of Britain and Switzerland yesterday promised extra funds to ease pressure on interbank lending rates while the European Central Bank said it is ready to add extra liquidity as needed. The reassuring moves from Europe's three largest central
      neuters  -  553 words
    • Article
      Lock icon US turmoil to hit Asian exports: UN
      236 13 [BANGKOK] Economic growth in Asia-Pacific's developing nations will fall slightly to 7.7 per cent this year and these nations, buoyed by India and China, will likely weather a slowdown in the United States, a UN report said. The region is entering a phase
      -AFP  -  236 words
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      81 13 If you are facing any of the following: f You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions. You or your payroll
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      2300 13 r^s§tSTffsnEllWlWW!llWli J/F'^ Z^-, Chartered Semiconductor Manufacturing Ltd. *1^ g-i Trt-J-j^vi/vx jnl 60 Woodlands Industrial Park D Tel +(65) 6362 2838 f^J I VI I^l I I I"" 1! r" 1! Street 2 Fax: +(65) 6362 2933 X^ X^^X ItiX lA/1 VU. Singapore *****6 Registration No *****3584K ww.charteredsemLcom NOTICE OF TWENTIETH
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  • MALAYSIA
    • Article, Illustration
      Lock icon Gamuda rises 7.6% on 93% Q2 profit jump
      574 14  -  PAULINE NG Results come 5 weeks after founder slashed his stake, spooking market By in Kuala Lumpur MALAYSIAN civil engineering firm Gamuda gained 7.6 per cent yesterday after it reported a net profit of slightly over RM9O million (5538.7 million) for the
      FILE PHOTO  -  574 words
    • Article, Illustration
      Lock icon YTL has 'nothing to fear' from political shake-out
      438 15 Reuters Tycoon Francis Yeoh calls for more transparency in govt decision making [KUALA LUMPUR] Malaysian tycoon Francis Yeoh says that his business empire has nothing to fear from a shake-up in Malaysian politics that rocked the country's ruling coalition this month, and
      Reuters; BLOOMBERG  -  438 words
    • Article
      Lock icon Maybank dives 6.2% on concern over BII deal
      512 15 Bloomberg Analysts say deal is overpriced, may hit dividend payouts [KUALA LUMPUR] Malayan Banking Bhd fell the most in more than six years yesterday after analysts said a US$2.7 billion offer for PT Bank Internasional Indonesia is overpriced and will undermine its
      ■ Bloomberg  -  512 words
    • Article
      Lock icon No rush to sign US FTA pact: minister
      207 15 ■AFP [KUALA LUMPUR] Malaysia's new trade minister said yesterday there was no rush to sign a free-trade deal which the United States hopes could be struck before President George W Bush leaves office this year. Muhyiddin Yassin, who replaced veteran trade minister
      ■AFP  -  207 words
    • Article
      Lock icon Malaysia to hold elections in Dec
      414 15 AFP, Reuters [KUALA LUMPUR] Malaysia's ruling party yesterday decided to hold a leadership election in December, with Prime Minister Abdullah Ahmad Badawi vowing to fight to stay on as party chief. Mr Abdullah has been battling for his political life since disastrous results in
      AFP, Reuters  -  414 words
  • Page 14 Advertisements
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      3279 14 111 I*l China Aviation Oil (Singapore) Corporation Ltd lnrrporat6d ePnlingaporewit ehiimited liability UNI-ASIA FINANCE CORPORATION (Incorporated in the Cayman Islands with Limited Liability) Notice of Annual General Meeting <co. Reg. no: CR-*****) NOTICE IS HEREBY GIVEN that the 14 th Annual General Meeting of the Company will be held at
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  • Page 15 Advertisements
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      297 15 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
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Cheung Kong posts 56% jump in second-half profit
      547 16 Bloomberg Earnings boosted by higher investment income, Hutchison's sale of unit in India [HONG KONG] Cheung Kong (Holdings) Ltd, Hong Kong billionaire Li Kashing's biggest property developer, posted a 56 per cent rise in second-half profit after reporting higher investment income and
      – Bloomberg  -  547 words
    • Article
      Lock icon Minsheng Bank closes overseas fund
      202 16 Bloomberg [BEIJING] China Minsheng Banking Corp, the nation's first privately-owned bank, has dissolved its overseas investment fund after it lost more than 50 per cent of its value. Minsheng's fund, which invests abroad on behalf of clients under the so-called qualified domestic institutional investor, or
      Bloomberg  -  202 words
    • Article
      Lock icon Profit growth at industrial firms up 16.5% for Jan, Feb
      390 16 Reuters Economist points to higher input prices, slowdown in exports [BEIJING] Profits at Chinese industrial firms grew more slowly in the first two months of the year as rising input prices pinched margins and overseas demand eased. Profits totalled 348.2
      Reuters  -  390 words
    • Article
      Lock icon Dalai Lama must stop 'sabotaging Olympics'
      134 16 ■AFP [BEIJING] China requires the Dalai Lama to stop sabotaging the Olympics as a condition for talks, Chinese President Hu Jintao told his US counterpart George W Bush, according to the foreign ministry here. Mr Hu's demand, made in a telephone conversation with Mr
      ■AFP  -  134 words
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      1235 16 NOTICE OF APPOINTMENT OF ©PROVISIONAL LIQUIDATOR ZEN DEVELOPMENT INTERNATIONAL PTE. LTD. (Co. Reg. No. *****9016W] (In Provisional Liquidation) Republic of Singapore) Take notice that Mr. Lim Yeong Seng, CPA, Approved Liquidator of Kong, Lim Partners, 13A Mackenzie Road, Singapore *****6 has been appointed PT INTERNATIONAL NICKEL INDONESIA Tbk E£?STSr^WZS I
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      677 16 NOTICE OF COURT MEETING IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons Number 155 of 2008/K In the Matter of ASE Test Limited (RC No. *****8552K) and In the Matter of Section 210 of the Companies Act, Chapter 50 (Revised Edition 2006) SCHEME OF ARRANGEMENT under Section
      677 words
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  • INDIA
    • Article
      Lock icon After car buys, India's Tatas now 'rule Britannia'
      565 17 Reuters Takeover of Jaguar, Land Rover lauded by press as big boost for India Inc [MUMBAI] "Jaguar is now an Indian beast" roared one Indian newspaper yesterday as it lauded Tata Motors' long-awaited US$2.3 billion deal to bag the sleek British car
      Reuters  -  565 words
    • Article
      Lock icon AT&T not finding skilled workers in US
      253 17 Reuters [SAN ANTONIO] The head of the top US phone company AT&T Inc said he was having trouble finding enough skilled workers to fill all the 5,000 customer service jobs it promised to return to the US from India on Wednesday. "We're having
      ■ Reuters  -  253 words
    • Article
      Lock icon Minister sees slowest India growth in 4 years
      267 17 Bloomberg [SINGAPORE] India's economy may grow at the slowest pace in four years in the next 12 months as a global slowdown reduces foreign investment and curbs exports, Finance Minister Palaniappan Chidambaram said yesterday. "We think there will be some second-order effects
      Bloomberg  -  267 words
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      3026 17 INTHEMAnEROF IN THE MATTER OF t^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ THE COMPANIES ACT, CAP. SO THE COMPANIES ACT, CAP. 50 I INTHEMAnEROF IN THE MATTER OF i^mSk SIMPLEX FIRE SECURITY SYSTEMS INDECO M& E ENGINEERING /HaSs W'^^N «2£ (Registration No. *****1001 M) (Registration No. *****2902H) !lis3fiS~<, wV^^^!\ (In Member's Voluntary liquidation) (In Member's Voluntary
      3,026 words
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  • WORLD
    • Article, Illustration
      Lock icon Barclays president gets 19% pay rise as shares fall 31%
      463 18 Bloomberg [LONDON] Barclays gave president Robert Diamond a 19 per cent pay rise last year as the bank's stock fell 31 per cent. Mr Diamond got £18.1 million (5549.8 million) last year in salary, bonus, benefits and share options, up
      Bloomberg; BLOOMBERG  -  463 words
    • Article
      Lock icon Citi to pay US$1.66b to the Enron Bankruptcy Estate
      451 18 NYT This settles claims accusing Citigroup of helping Enron deceive investors [NEW YORK] Seeking to put its legal problems behind as it confronts larger financial ones, Citigroup said on Wednesday that it had settled claims accusing the bank of helping the
      NYT  -  451 words
    • Article
      Lock icon KPMG allowed fraud at New Century
      389 18 -Reuters [SAN FRANCISCO] Auditor KPMG either initiated accounting fraud at New Century Financial or stood idly by as the failed sub-prime mortgage lender committed fraud in 2005 and 2006, an independent report requested by the US Department of Justice shows. Once the second-largest US
      -Reuters  -  389 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7704 18 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.89/ Star Europe Bond 1.223/ Star Europe Bal 1.153/ Star Asian Tiger Eqty 1.333/ Star Asia Bond 1.192/ Star Asia Balanced 0.96/ Star Global Technology Fund!" 0.188/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.863/ Gib Multi St USD
      7,704 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Wall Street headed for further cuts in bonuses and jobs
      788 19 -Reuters Analysts forecast financial institutions worldwide have written off USsl7sb [NEW YORK] Wall Street bankers, hurt by credit losses and slowing business, now face the prospect of lower annual bonuses. Unless market conditions rebound soon, "it's going to be an
      -Reuters; REUTERS  -  788 words
    • Article
      Lock icon Six banks sued in Clear Channel deal
      464 19 -NYT [NEW YORK] The buyers of Clear Channel Communications received a curious e-mail message last July from Credit Suisse, one of the banks financing the radio broadcaster's sale. But it was misdirected and not meant for their eyes. Attached to the message were
      -NYT  -  464 words
    • Article
      Lock icon BURSA MALAYSIA
      2275 19 lar 27 RM ('000) A&M Realty 0.59 AbricBhd 0.17 Advance Synergy 0.13 Adventa Bhd 1.17 Ae Multi Hldgs 0.25 Win Holdings 2.01 Ahmad Zaki Resou 1.03 AicCorp 0.62 \irasia Bhd 1.38 Akn Technology 0.43 Alliance Financi 2.73 AluminiumCo 1.05 Amalgamated Ind 0.55 \mmb Hldgs Bhd 3.48 Amtel Holdings
      2,275 words
    • Article
      Lock icon Motorola bows to pressure to hive off mobile phone division
      524 19 AP [CHICAGO] Motorola bowed to pressure from investors on Wednesday, announcing a plan to split its struggling mobile phone business from other operations to form two separate publicly traded companies. The widely expected deal comes as the suburban Chicago mobile
      AP  -  524 words
    • Article
      Lock icon Fukuda unveils new tax plan
      417 19 Reuters [TOKYO] Japanese Prime Minister Yasuo Fukuda, his popularity sagging due to doubts about his leadership, unveiled a new proposal yesterday to try to break a political deadlock over a contentious petrol tax set to expire on March 31, but the opposition appeared unimpressed. The
      – Reuters  -  417 words
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  • AVIATION
    • Article, Illustration
      Lock icon Heathrow opens sth terminal but fails to ease congestion
      690 20 -Bloomberg Flight capacity at 99%; British Airways urges third runway, 6th terminal be built [LONDON] London's Heathrow Airport opened its fifth passenger terminal yesterday after almost two decades of planning amid criticism the £4.3 billion (Ssl 2 billion) building will fail
      -Bloomberg; AP  -  690 words
    • Article, Illustration
      Lock icon ANA orders 25 planes from Mitsubishi Heavy
      348 20 AFP [TOKYO] Japanese carrier All Nippon Airways (ANA) yesterday said that it had ordered up to 25 of Japan's first domestically developed jet airplane from Mitsubishi Heavy Industries Ltd. Japan's second largest carrier decided at a board meeting yesterday to introduce the Mitsubishi
      AFP  -  348 words
    • Article
      Lock icon Air passengers' rights bill stuck in US Senate
      263 20 LAT-WP [WASHINGTON] Federal legislation mandating that airlines provide passengers trapped on grounded airplanes with food, water and working toilet facilities, as well as the right to deplane, is stalled in Congress, congressional aides and aviation experts said here on Wednesday. The so-called
      – LAT-WP  -  263 words
    • Article
      Lock icon AirAsia X orders 10 jets worth US$2b
      289 20 Bernama, Reuters This brings its total A 330-300 orders from Airbus to 25 [KUALA LUMPUR] Malaysian budget long-haul carrier Air Asia X has ordered 10 Airbus A3 3 0-3 00 aircraft with a list value of US$2 billion to meet its expansion plans,
      – Bernama, Reuters  -  289 words
    • Article
      Lock icon Shoes off for air passengers in China
      231 20 Xinhua [BEIJING] Aviation authorities are now telling passengers in China to remove their shoes for safety checks as part of a tighter security system ahead of the Olympics. The order took effect nationwide on Wednesday, according to the General Administration of Civil Aviation
      Xinhua  -  231 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2488 20 AIRLINE CODES: AA American Airlines (AAL ance (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bang es (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways
      2,488 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Maritime conference looks at macro issues
      461 21  -  VINCENT WEE Concerns include oil prices, green issues, end of the liner conferences critical issue that needs to be addressed, he said. Liners need a fair and transparent way to adjust rates according to such rapidly changing circumstances. Another issue that needs to be
      JOHN HENG  -  461 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        101 21 '000 :H Offshore Ihuan Hup Hldgs losco Corp ZWTLtd Ezra Hldgs rirst Ship Lease rreight Links 3rand Banks laya Hold Ltd <1Ventures <eppel Corp VlTQCorp MOL Pacific Shipping 3an-United Corp Rickmers Mari iamudera Ship iembcorp Indust iembcorp Marine ipore Ship 0.58 0.37 3.47 0.78 1.87 1.12 0.07 0.88 1.33
        101 words
      • Article
        Lock icon KLSE
        37 21 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brief PDZ Holdings 0.74 9.00 9.10 4.12 3.12 0.23 0.14 -0.01 0.75 0.65 0.02 unch -0.02 unch 653 104 1521 303 78 2 50
        37 words
      • Article
        Lock icon BANGKOK
        12 21 ■oo ■recious Ship Jegional Cont .23.90 .24.20 0.60 0.10 2640 82
        12 words
      • Article
        Lock icon HONGKONG
        7 21 '000 lar ■oil .43.70 -0.45 829
        7 words
      • Article
        Lock icon PHILIPPINES
        20 21 '000 Iar27 Peso Vol Aboitiz Equity Intl Container Keppel Marine 7.00 31.50 unch 0.10 -1.00 unch 527 444 0
        20 words
      • Article
        Lock icon TAIPEI
        23 21 lar Evergreen Marine ...28.45 :irst Steamship 71.00 /Van Hai Lines 27.55 r"ang Ming Marine...23.50 -0.75 2.50 -0.25 -0.20 23 6 17 18
        23 words
      • Article
        Lock icon TOKYO
        39 21 '000 Iar27 Yen Vol (awasaki Hvylnd...230.00 -5.00 1359; (awasaki Kisen 982.00 33.00 7741 Mitsubishi Hvy 434.00 unch 3516! i/litsui Eng&Sbldg...263.00 -8.00 821' 1/litsuiOsk Lines ..1211.00 12.00 1174! Jippon Express 590.00 12.00 338! JipponYusen 937.00 33.00 ***** iource: Reuters
        39 words
    • Article
      Lock icon STX Pan Ocean forecasts record gains
      173 21 Bloomberg [SEOUL] STX Pan Ocean Co, South Korea's largest bulk-shipping line, forecast record quarterly operating profit as rates to move iron ore and grain surged. The sea carrier expects to earn US$3OO million in first-quarter operating profit, or sales minus the cost of goods
      Bloomberg  -  173 words
    • Article
      Lock icon National Air to pay USs2Bm to resolve claims
      304 21 Bloomberg The company was found lying in connection with shipment of equipment [WASHINGTON] National Air Cargo Inc, a company that ships supplies to US military bases, agreed to pay US$2B million to resolve criminal and civil claims that it defrauded the Defense
      Bloomberg  -  304 words
    • Article, Illustration
      Lock icon Nippon Yusen eyes profit growth on shipping demand
      342 21 Bloomberg [TOKYO] Nippon Yusen X X, Japan's largest shipping line by sales, said profit will likely gain 17 per cent next fiscal year amid rising sea-cargo traffic. Net income may climb to 140 billion yen (Ssl .9 billion) in the year ending
      Bloomberg; BLOOMBERG  -  342 words
    • Article
      Lock icon Russia to lift ban on sea links with Georgia
      289 21 Bloomberg [TBILISI] Russia is set to lift a 1 1/2 year ban on shipping and postal links with Georgia after direct flights between the two countries resumed on March 25. A first Russian passenger ship, the Mikhail Svetlov, will make the
      ■ Bloomberg  -  289 words
    • Article
      Lock icon Guangzhou Shipyard shares at 14-month high
      135 21 Bloomberg -[HONG KONG] Guangzhou Shipyard International Co, the only Hong Kong-listed shipbuilder, rose the most in almost 14 months in trading here yesterday. The company said it was unaware of any reasons behind the price move. The stock gained 20 per cent to HK$25
      Bloomberg  -  135 words
  • Page 21 Advertisements
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      92 21 TUVALU SHIP REGISTRY QUALITY SERVICE QJJALITY FLAG 1. Low taxes 5. Worldwide network of surveyors 2. Agreements with lACS members 6. No restriction on nationality of ownership on surveys and issuance of STCW 19f17 convention statutory cert.f.cates as amended P is country |n he |M 0 3. Accedes to latest
      92 words
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      Lock icon Page 21 Advertisements Column 2
      146 21 fci 4 m Ajoeyquek, is WJm MM R M Student IMHjMI P^V^^l ■^■I^KS Enjoys blogging. and using ITV S^llElH d IM/soctal networking sites as a form W^^BwMS WMuWdT^Y^^l of networking among her peers. K^^Kf l~CT^Bfl mSnUrwfMt^B -^JOHNLIM,SS Jr 1] IfJ Self-Employed I »/g 81l Subscribes 1o local P%V LTI and
      146 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Too early to call a top on commodity prices
      477 22 JUST before Easter, the prices of gold and oil fell more than 9 per cent each, between Wednesday and Thursday last week. Even before that, at the Chicago Board of Trade, wheat, corn and soya bean futures traded "limit down" the
      477 words
    • Article, Illustration
      Lock icon The long-term cost of 'hire' and fire' exercise
      1270 22  - The long-term cost of 'hire and fire exercise RICHARD SCHULTE If people are an organisation's greatest asset, why are they the first to go in bad times? HE performance of an organiIsation is almost exclusively measured in financial terms. If the net result is in the black, the willingness to
      FILE PHOTO  -  1,270 words
    • Article, Illustration
      Lock icon Facts don't back notion of US energy independence
      772 22  -  LEON HADAR THE BOTTOM LINE THE leading US presidential candidates have disagreed on many policy issues, ranging from the invasion of Iraq to the handling of the current housing market crisis. But there is one matter over which Democratic senators Hillary Clinton
      772 words
    • Article, Illustration
      Lock icon Dire need for an Asian Renaissance
      1886 23  -  X KESAVAPANY With the centre of gravity of international affairs shifting to the East, Asia must get its act together to progress ASIA needs a strong and united India and China to play an important role in global politics and economics. This is easier
      AFP  -  1,886 words
    • Article
      Lock icon The real recession is declining quality of life in the US
      802 23  -  ROBERT COSTANZA THE news media and the government are fixated on the fact that the US economy may be headed into a recession defined as two or more successive quarters of declining gross domestic product (GDP). The situation is
      802 words
    • Article
      Lock icon Update investors on how new units fare
      305 23  -  Wang Nan Chee LETTER TO THE EDITOR I REFER to the report, "SGX spotlight falls on profit guarantees" (BT, March 25), which said that SGX is looking into ways to require companies to protect the interests of shareholders when profit guarantees offered in
      305 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7350 24 Transaction date: Mar 27 Hii Low Code Com[ Sale t'ooo) Hi. Low B1 Seller C'vr P/E $mil 5716 1st Software i I 28.5 8.5 5834 A-Sonic 110 99.5 6389 ABF SG Bond ETF ii 26 7.5 1100 AEM 42 19.5 2101 APOil 141 54 5 5550 ARA 22
      7,350 words
    • Article
      Lock icon SGX XTRANET
      63 24 _Hu Low Code Comi Sale COOP) _Hu Low Bit Seller C'vr P/E 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 398.3 288 6009 STI ETF US200cd US6200xd US1000 US*****xdUS***** 313 +5
      63 words
    • Article
      Lock icon SGX CATALIST
      1971 24 52-Wk Tel High Low Code Last Sale Vol C000) Day 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 2.5 1501 s Advanced System
      1,971 words
    • Article
      Lock icon CLOB INTERNATIONAL
      216 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      216 words
  • Page 24 Advertisements
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      35 24 JM" Z v NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED H IS 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com
      35 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      366 25 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 26 World Index Preliminary 997.5 -0.5 -11.9 -0.4 -12.7 -0.2 -9.0 t EAFE Preliminan 945.8 -0.3 -15.6 0.2 -13.3 0.5 -9.I Euro[ Preliminary 1309.8 -0.4 -15.1 0.1 -13.7 0.4 -10.1 Pacific
      366 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      134 25 As at 9am Mar 27 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2580 1.2740 Can dollar 1.3470 1.3630 Euro 2.1680 2.1930 NZ dollar 1.0980 1.1220 Sterlin mnd 2.7510 2.7801 US dollar 1.3700 1.3860 Local dollars to 100 units of foreign
      134 words
    • Article
      Lock icon INTERBANK RATES
      161 25 Mar 27 Offer Bid $S_ Overnight 5/8 1-month 1 3/16 2-months 1 5/16 3-months 1 3/8 Overnight mode: 5/8 US$ Offer 1/2 1 1/16 1 3/16 1 1/4 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 3.00 2.80 2.80 2.80
      161 words
    • Article
      Lock icon STOCK INDEX FUTURES
      26 25 Mar 27 len Hii ih Sett STI SIMSCI Mar 371.2 380.4 379.2 Taiwan Mar 335.7 336.9 328.9 Source: MF Global (S) Pte. Ltd
      26 words
    • Article
      Lock icon USS/SS FORWARD RATES
      22 25 Mar 27 SS Bid Offer 1-month 1.3776 1.3789 2-months 1.3761 1.3775 3-months 1.3749 1.3763 6-months 1.3719 1.3735 Source: OCBC
      22 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 25 Mar 27 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2686 1.2699 0.9194 0.9196 Canadian dollar 1.3530 1.3548 0.9806 0.9811 Euro 2.1732 2.1752 1.5750 1.5752 NZ dollar 1.1084 1.1107 0.8033 0.8043 jterlim 2.7673 2.7702 2.0056 2.0061 US
      157 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      354 25 Mar 27 OPEN HIGH LOW SETT EURODOLLAR FUTURES JunO8 SepO8 DecO8 MarO9 97.690 97.825 97.735 97.695 0 0 0 0 ***** ***** 7504 ***** EUROYEN FUTURES JunO8 99.220 99.255 SepO8 99.290 99.310 DecO8 99.290 99.310 MarO9 99.280 99.290 JunO9 SepO9 DecO9 Mar10 99.220 99.290 99.290 99.275A 99.220A
      354 words
    • Article
      Lock icon SICOM FUTURES
      287 25 Mar 27 RUBBER 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 09 385.75 387.75 387.00 386.75 386.75 388.50 RSS 3 (US cents/kg) Month Hig a!? Low Sett Volume (tonnes)
      287 words
    • Article
      Lock icon CHICAGO BOT
      102 25 Mar26\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 08 1352.00 1307.00 1357.00 1325.00 Jul 08 1365.50 1322.00 1372.00 1335.00 Aug 08 1356.00 1316.00 1366.00 1330.00 Sep 08 1310.00 1290.00 1317.00 1306.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 57.75 57.77 59.77 57.70
      102 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 25 CRUDE OIL PRODUCTS Mar 26 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 103.52 3.31 WTI (Near Mth) 105.94 4.39 Dubai (1-Mth F) 96.31 2.16 Tapis blend 107.9 2.2 Minas 103.2 1.75 PRODUCT US$/barrel (FOB S'pore) Close Change ire) Naphtha Jet Kerosene 96.88 123.80 0.56 -0.2 US$/barrel Opec
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 25 Mar 27 AS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound us: Australia 0.937 6.451 0.584 7.155 36.883 84.640 0.915 9.080 2.950 1.144 57.768 38.470 1.269 7.394 0.916 27.716 28.868 0.458 0.920 Canada 1.067 6.881 0.623
      468 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      87 25 Mar 27 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****T 26.06.08 1-Year BY*****A 29.09.08 0.95 1.00 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N*****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****X 3.125
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      Lock icon SIBOR
      76 25 Mar 27 (US$) (SS) 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$) 1 mth 0.***** 2mths 1.***** 3mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP
      76 words
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      Lock icon PALM OIL
      65 25 Mar 27 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Apr 08 3600 3584 3613 3560 23 904 May 08 3641 3635 3670 3570 1302 ***** JunO8 3640 3640 3670 3555 7080 ***** Jul 08 3643 3630 3663
      65 words
    • Article
      Lock icon PRECIOUS METALS
      168 25 Mar 27 GOLD (USS/oz) Mar 26 Mar 27 GOLD BULLION COINS (S$) Sellim Hong Kong 933.70 944.30 934.70 945.30 Mar 25 Mar 26 London 933.40 950.40 934.30 951.30 Source: Reuters (S$) Selling Buying 1 oz 1471.25 1327 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $515.74 423 SILVER
      168 words
    • Article
      Lock icon LONDON METALS
      69 25 Mar26\ lit iiuiii, yy.i (US$/tonne) Close Previous Cash 2895.00 2859.50 3 months 2944.00 2905.00 Copper, Grade A (US$/tonne) Cash 3 months 8305.00 8180.00 8213.00 8075.00 Lead (US$/tonne) Cash 2783.00 3 months 2799.00 2742.00 2755.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3 months
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      Lock icon LIFFE
      78 25 Mar 26 COCOA (Btonne) Close Prev Hii ih/Low May 08 1284 1275 1319/1273 JulO8 1316 1308 1353/1307 SepO8 1269 1259 1300/1259 Dec 08 1262 1251 1293/1252 COFFEE (US$/tonne) Close Pev High/Low Mar 08 2285 2308 2355/2275 May 07 2280 2328 2387/2270 JulO8 2280 2298 2354/2271 SepO8 2277 2282 2340/2270
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    • Article
      Lock icon BONDS & WARRANTS
      1797 25 BONDS WARRANTS Fel lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left !036 Advance SCT Ltd W*****9 5 1 120 1 87 152 7.30 2! 1092 Asia Environment W*****4 17 -1 190 1 38 -4 3.38 V, 17 1278#Auston Intl W*****5 6 1
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      3051 26 Shipping times A KPI 11 WAN HAI INTERNATIONAL PTE LTD CR NO: **********0/R WWT^^m -aV^^ l*«_fi u^J^rea^TOwiffflvT l____fl TEL *****588 (14 LINES) FAX: *****163 1 W\ ___^T^li T^^^^M _______P ____rlß_nS____ £l£3__i__K V\N I WAN HAI INF\ Customer Smice/Bookings Direct Line (1800) .*****00 __^^___^^J ■2JJA___l___________J Hnflm^EjPnYlrtTßrl I V V ""Hii Urtl
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      2873 27 f wtata UTfT EASTERN CAR LINER. LTD I® £3®^S^ V OGIST/ C)jt <f S^A, 'I W-^-i I SPEC.AL.ZE IN RORO a HEAVY L.FT UPTO 4SO TOnT] ~!!l E.l'\! XT R'S!,!,^' Nl!l H',." L. E. > //strt^vL W". TWjffi J*' «g lllllllllllllllllllllll^^^^M 111 mp(KT) I Lilting(KT) I SIN I PKL I
      2,873 words
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      5769 28 FZV HRIH 19 H I |gg andersen j [wai G ldry navigation RRniipi fls^iUkifl ISfl BBM |Bfl I #Ashipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 ■KM UI"UI1 •"•■"MlllUHl UllUUr HS NORTH WEST EXPRESS LINE *a>#,*iVt&U^fWM^sQ MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [laIES a» aRBIVaL [laIES SINCE
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  • Page 30 Miscellaneous
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      458 30 artBEAT HPSHB hero named Galileo and a bunch of Choy Ka Fai, Theatre Works' associate Dream Works The sacred and the desecrated 1 1' |^O% rnH' W^SO*^' Expect a musical that tries to recreate incorporates traditional Indonesian to view, as 10 out of 12 shots he'd Spd- jV^r3 \Jpf^S is
      458 words
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      49 31 tjp i |ih" t'-W" l Vf*A km lFref!ill *W ffil" iff 1 IK|!JMITsK JlT> ':cliliili,l'iiM| i;^g)j r '-m1 ISaiJMffiBBB IE IKB MIHPWiB Im* $1 Hi li? XmWt I Ghef Chan's "Restaurant 3f ft I r 0 M I #01-06 National Museum of Singapore 93 Stamford Road Singapore *****7 Ik| >]
      49 words
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      114 31 J^^^L\ Quick solutions for n^\C^#^|_| &1 iW!BI^ today's busy lifestyle (s—v) bUbvli .^Bg^ ISmins I Bosch has created the v world's first-ever Invented for life Express 15 programme which enables you to wash 2 kg of lightly soiled garments in only 15 minutes. Effldency B°SCh supports It is also suitable
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      74 32 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by ILlS'.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
      74 words
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      44 33 Come view some of the most beautiful collections under one roof.. House of ART TALKS Huanghuali gallery Warehouse/Showroom: The Comtech Bldg, Lobby D, Ground Level (entry via PSA Bldg, Alexandra Road into Alexandra Distripark or by Alexandra Terrace) Tel: 6733 5843 I 6235 6509
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  • Page 33 Miscellaneous
    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 1
      51 33 CRYPTIC CROSSWORD ACROSS 2 Concrete evidence? (4,5) 2 Own football team be de- 3 Violet and Saul removed oppressed (4,3,5) tic (6) MH BH BH VH Gendarme, 10 Indict, 11 Adapter, ingstone, 14 Academic, 15 Palme DOWN dOr, 17 Leg-iron, 18 Seepage, 19 1 Nothing hectic outside plant Native' 20
      51 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Not just a beer now
      1351 34 'here's lots more on offer at pubs, gastrobars and microbreweries, says CHRISTOPHER LIM SIP a glass of fine Burgundy, listen to some chill-out music, enjoy some fine canapes or even a gourmet meal. Such is the appeal of the wine bar, which in the past
      1,351 words
    • PROFILE/ENTERTAINMENT
      • Article, Illustration
        Lock icon A dangerous sport made much safer
        863 29 CHRISTOPHER LIM checks out the latest goings-on in entertainment this week Fl legend Jackie Stewart speaks on how motorsports has evolved over the years I ORMULA One motor racing is such an institution that it's tempting to forget it wasn't always the well-oiled machine
        ALAN LIM/THE STRAITS TIMES  -  863 words
      • Article, Illustration
        Lock icon A winner both on and off the track
        400 29 Winning Is Not Enough by Sir Jackie Stewart Headline UK Pages: 495 Price: 5532.95 w/o GST Rating: B+ SOME people just never stop pushing the envelope. Aside from being an Fl champion on the race tracks, Sir Jackie Stewart was an innovator
        400 words
      • Article, Illustration
        Lock icon Maroon 5 is red hot apart from vocals
        406 29 ON record, Maroon 5 is an 80s pop-rock band with songs that sound too similar, and are completely inoffensive. Live, however, it suddenly morphs into a fire-breathing classic rock outfit from the 70s, complete with nuclear-po-wered drums and crunchy electric guitar riffs.
        BETTY CHUA/THE STRAITS TIMES  -  406 words
      • Article, Illustration
        Lock icon Getting the message out with the songs
        586 29 CD REVIEW Lenny Kravitz It Is Time For A Love Revolution Virgin B Erykah Badu New Amerykah, Pt 1: 4th World War Motown B IT'S tough trying to please everyone. One man's ambrosia is another man's poison. Take Lenny Kravitz's impressive musical versatility,
        586 words
      • Article
        Lock icon Gravely artistic statement
        615 29 GAMING PLAYING an old woman stuck in a graveyard is a far cry from what most people have in mind when they think of computer games. This is especially so in this age of slick, fast-paced titles where you run around shooting monsters, racing cars or commanding
        615 words
    • ARTS
      • Article
        Lock icon Biennale a scaled down, tighter-focus 'Wonder'
        965 30  -  PARVATHI NAYAR "WONDER" is the theme of the second Singapore Biennale that opens later this year. It is reduced in size with a smaller budget of $5.5 million, over 50 artists from 36 countries and three main venues as compared to the first iteration
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        Lock icon Nurturing the arts
        837 30 What's changing is that we're encountering more forms of 'philanthropic sponsorship' by corporate entities, writes PARVATHI NAYAR #ELL pay you to experiment with a new art form, or to expand your theatre company's core strengths, or to develop your audience": It's hard to imagine corporates here making
        837 words
      • Article, Illustration
        Lock icon Expressive teenage Purcell fiddler
        805 30  -  SANGEETHA MADHAVAN MOST 10 year-olds usually have a hard time being away from their family in a boarding school in a foreign land. Not Singaporean violinist Janell Yeo, recipient of the 2007 HSBC Youth Excellence Award for Musical Excellence, who has been studying at The Purcell
        805 words
    • EPICURE
      • Article, Illustration
        Lock icon Seeing red
        845 31 WINE Petrus and Romance Conti are two reds with supreme quality, says N X YONG I ew would argue that there are only two semimythical names in red wine Petrus and Romance Conti. The reverence and awe which their names evoke, I rather suspect, stem more from their
        FILE PHOTO  -  845 words
      • Article, Illustration
        Lock icon A new shade of green for Heineken
        458 31  -  CHRISTOPHER LIM NIGHT OUT HEINEKEN'S a beer brand, obviously. A pilsner lager, specifically. But not everyone knows that among the things that brand sponsors have organised, the Heineken Green Room music sessions stand out as one of the more interesting ones. They don't
        458 words
    • CLIPPER ROUND THE WORLD RACE
      • Article, Illustration
        Lock icon Tough times across the Pacific
        1134 32 The Uniquely Singapore crew had to battle a debilitating flu bug, freezing cold and winds of up to 40 knots, writes VINCENT WEE A SENSE of finally doing things right and everything coming together best sums up the feelings of the Uniquely Singapore crew. At
        1,134 words
      • Article, Illustration
        Lock icon Race takes them from landlubbers to experienced sailors
        567 32  -  VINCENT WEE By ALMOST round-the-worlder Koh Kok Siong has become a real man of the sea over the course of the past two-and-a-bit legs since he came on to take over the baton from his Keppel colleague Hizam Haiyon, who was injured
        567 words
    • COMMENTARY/CINEMA
      • Article
        Lock icon Happiness in all shapes and sizes
        571 33  -  jaime cc off the cuff EAR judges searching for Singapore's Happiest Person: I understand that you be- lieve such a person exists. I could not agree with you more, hence, I would like to submit my application for this esteemed honour. I feel that
        571 words
      • Article, Illustration
        Lock icon Don't put this on your bucket list
        581 33  -  GEOFFREY EU ROB Reiner, a filmmaker of some pedigree with several notable movies under his directorial belt including Stand By Me, When Harry Met Sally, Misery and A Few Good Men hasn't made anything of real consequence in well over a decade, which
        581 words
      • Article, Illustration
        Lock icon A sensible if flawed outing
        556 33  -  PARVATHI NAYAR By BECOMING Jane centres around Jane, a 20 year-old British woman with limited means and unlimited imagination, in the late-18th/early-19th centuries and imagines the trials and tribulations that set her on the road to becoming Jane Austen. As a love story between the
        556 words
      • Article, Illustration
        Lock icon Fiction grounded in a chilling reality
        510 33  -  PARVATHI NAYAR DVD MOVIES about today's War on Terror don't seem to be making the same impact on public consciousness as movies about the Vietnam War once did. Maybe the definitive film on the former subject is yet to come; still, a few that
        510 words
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