The Business Times, 8 April 2008
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2008-04-08
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The Business Times
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Title Section20 2008-04-08 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg mS* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA(P) 122/12/2007 Tuesday.April 8,200820 words
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Article, Illustration823 2008-04-08 1 ARTHUR SIM - ARTHUR SIM Foreigners could be switching from leasing to buying property, says Savills Singapore By [SINGAPORE] Residential leasing transactions have stagnated in the past two years after falling from a recent high of 33,874 in 2005. According to an analysis of: Savills Singapore - 823 words
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MARKETS DIGEST
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Article41 2008-04-08 1 1COMP 1,221.07 -0.91 IIKKEI225 13,450.23 +157.01 IANG SENG 24,578.76 +314.13 ;et index Closed JAKARTA COM P 2,286.80 +9.71 IANILACOMP Closed ;eoulcomp 1,773.56 +7.07 ;henzhen b 558.32 +17.87 IUMBAI IND 15,757.08 +413.96 12NOONEDT Change 12,696.29 +86.87 )OW IAS DAI 2,385.27 +14.2941 words
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Article29 2008-04-08 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.850 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 5.25 CANADA 5.25 SWITZERLAND 3.77 INDIA 12.25 Source:Bloomberg - 29 words
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Article36 2008-04-08 1 IS$ (S$ per US$) 1.383 (USS/SS ier 1.986 2.747 ;URO(US$/S$/E) 1.567 2.167 'EN 102.70 74.30 3.191 2.307 IK$ 7.790 5.633 !AHT 31.67 22.89 lUPIAH 9,217 6,664 lENMINBI 7.002 5.063 INDIAN RUPEE 39.94 28.88 1.084 0.78436 words
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Article, Illustration459 2008-04-08 1 CHEW XIANG - CHEW XIANG SIC confirms it is investigating withdrawal of offer By [SINGAPORE] Shares in Cat-alist-listed Jade Technologies took their biggest-ever dive yesterday after its group president Anthony Soh withdrew his bid for the company. The Singapore Exchange (SGX) has declared Jade a designated: Bloomberg - 459 words
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Page 1 Advertisements
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Page 1 Miscellaneous
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Miscellaneous48 2008-04-08 1 pnin BANKING COMPANIES SME BANK OF JAPAN C^.^% fcfc Citibank Spore posts S-shares poised Decisions pay off Shirakawa looks set '"I- r /tf^l record profits to recover for Sky China to be BOJ governor P^ WFI tStk PAGE 8 PAGE 5 PAGE 11 PAGE 19 A Vr 148 words
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TOP STORIES
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Article, Illustration687 2008-04-08 2 KALPANA RASHIWALA - KALPANA RASHIWALA Buyer Bravo will 'accept costly missed opportunity' if it's not granted payment extensions By [SINGAPORE] The owners of Tulip Garden met over the weekend and BT understands that most of them have taken the view to rescind the $516 million687 words
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476 2008-04-08 2 MICHELLE QUAH - MICHELLE QUAH By I [SINGAPORE] Singapore's biggest law firm Allen Gledhill (A&G) has appointed Andrew Yeo head of litigation and dispute resolution sourcing from within its replacement for its current high-profile head, senior counsel X Shanmugam. Mr Shanmugam, 49, has been named Singapore's new476 words
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THREE-MINUTE DIGEST
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80 2008-04-08 2 AN overhaul of Hong Kong's health care system is being mooted by policy-makers as the city grapples with rising medical costs associated with its ageing population. As part of a three-month consultation, the public is invited to comment on a number of financing80 words
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75 2008-04-08 2 SHARES in United Fiber System surged as much as 15 per cent yesterday as a long held-up billion-dollar pulp-mill project looks set to start taking shape with the expected signing this week of a turnkey contract with a new Chinese partner.75 words
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59 2008-04-08 2 THE poor broader market sentiment this year has not spared S-shares or Singapore-listed Chinese companies, of which even the high quality counters have been beaten down to single-digit valuations. These S-shares could be poised for a recovery on the back of undemanding valuations and59 words
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68 2008-04-08 2 OEI Hong Leong, International Capital Investment Ltd's major shareholder, has challenged Japan Asia Holdings' claim that it is "serious" about a proposed share buy-back. Mr Oei told BT he doubts the sincerity of the company's offer, given that JAH chairman Tetsuo Yamashita has68 words
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63 2008-04-08 2 US pharmaceuticals maker Wyeth is investing US$96 million to expand its US$l7O million Singapore nutritional manufacturing plant to enable it to meet growing regional demand for its high quality infant formula and milk products. The Madison, New Jersey-based company announced this at63 words
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78 2008-04-08 2 WITH key sectors of the global financial system suffering from "partial paralysis", the slowdown in major economies will be deeper and longer lasting than previously expected, OECD secretary-general Angel Gurria warned yesterday. In Tokyo for the launch of the latest annual78 words
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86 2008-04-08 2 PRIME Minister Abdullah Ahmad Badawi will probably not serve out his full term as he is likely to be persuaded to step down in a managed, but dignified, exit. According to officials of the ruling United Malays National Organisation, a86 words
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79 2008-04-08 2 OFFICE rents in Singapore continued to power ahead in the first quarter of this year, despite a slowdown in the US economy and possible fallout for Asia. According to a Jones Lang LaSalle report, the CBD core Grade A gross79 words
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316 2008-04-08 3 -AFP Travel agents expect resumption after Olympic Games [HONG KONG] China has stopped issuing multi-ple-entry tourist visas until after this summer's Olympic Games, travel agents in Hong Kong and Singapore said yesterday. "At the beginning of last week, we were no longer able to get-AFP - 316 words
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Article, Illustration391 2008-04-08 3 ■AFP [WELLINGTON] New Zealand business and labour groups welcomed the free trade deal signed yesterday with China despite criticism over Beijing's human rights record. Chinese Premier Wen Jiabao and New Zealand Prime Minister Helen Clark witnessed the signing in Beijing of■AFP; REUTERS - 391 words
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624 2008-04-08 3 JANE MOIR - JANE MOIR City grappling with rising medical costs for an ageing population By in Hong Kong AN overhaul of Hong Kong's healthcare system is being mooted by policymakers as the city grapples with rising medical costs associated with its ageing population. As part624 words
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Page 2 Advertisements
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Advertisement97 2008-04-08 2 Getting business financing shouldn't be like talking to a wall. If looking for financing makes you feel like you are talking to yourself, talk to IFS Alternative Finance. We'll take your ideas seriously, because it's not about what you are now but what you can be in future, with a97 words
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Advertisement110 2008-04-08 2 SAVE TAX Our qualified professionals Wsfr-l ,9 I can assist you with offshore structures, shelf companies jjjr r JTQ and incorporations in ALL jurisdictions including: UJ^ British Virgin Islands El Cayman Islands I Bahamas E^B Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available.110 words
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Advertisement30 2008-04-08 2 Our hypoallergenic sleep solutions minimise allergic and asthmatic reactions so >%>, you can experience complete holistic sleep and all the benefits that come with it. m** mi I i i11 I30 words
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Page 3 Advertisements
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Advertisement220 2008-04-08 3 SINGAPORE'S MOST MAGNIFICENT LUNCH > Prive has introduced what is arguably Singapore's most magnificent lunch; a two course lunch for $32++, a three course lunch at $38++ or the four course magnificent lunch at $68++. Throw in the culinary talents of our Mains are a culinary tour de force with220 words
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Advertisement101 2008-04-08 3 I j» SI :>^\ mm %c 1. IPmMV b SERVCORP^K:;:::;t;:::r:r.;| :f"> www.servcorp.com.sg :^J I Everything but the office JSF&^ Prestigious address for your letterhead business card. A Dedicated phone number answered in your company A name, meeting rooms, secretarial services and free use A of business lounge 60 hours per101 words
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COMPANY NEWS
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Article593 2008-04-08 4 YEN SREENIVASAN - YEN SREENIVASAN WHEN the going gets tough, the tough go global. SIA Engineering Company (SIAEC) seems to be doing just that. Last Friday, the Singapore Airlines subsidiary signed a joint venture agreement with the Philippines' Cebu Pacific Air (Cebu) to set up an aircraft heavy maintenance593 words
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413 2008-04-08 4 LYNETTE KHOO - LYNETTE KHOO New Chinese partner set to sign turnkey contract for pulp mill By SHARES in United Fiber System surged as much as 15 per cent in trading yesterday as a long held-up bil-lion-dollar pulp-mill project looks set to start taking shape413 words
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Article, Illustration821 2008-04-08 5 LYNETTE KHOO - LYNETTE KHOO Factors like earnings growth, compelling valuations, strong economy cited By THE poor broader market sentiment this year has not spared S-shares or Singa-pore-listed Chinese companies, with even the highquality counters having been beaten down to sin-gle-digit price-earnings valuations. Year to date, the FTSE ST: Prime Partners (as at Apr 7 '08) - 821 words
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341 2008-04-08 5 SARA LIM - SARA LIM By FEDERAL International (2000), through a consortium, has won a contract to provide centralised waste-water treatment services to factories in China's Sichuan PanZhiHua Vanadium-Titanium Industrial Park. The consortium comprises Federal's 65 per cent-owned subsidiary Federal Environmental Energy and lESE Water (Asia).341 words
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392 2008-04-08 5 RONNIE LIM - RONNIE LIM By CHINA Aviation Oil (CAO) has been re-admitted to Singapore's global trader programme (GTP) as it gears up to resume oil and petrochemical trading in the second half of this year. The company is also looking at moving into markets392 words
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633 2008-04-08 5 MICHELLE QUAH - MICHELLE QUAH By OEI Hong Leong, the majority shareholder of International Capital Investment Ltd (ICIL), has challenged the claim by Japan Asia Holdings (JAH) that it is "serious" about a proposed share buyback. JAH chairman Tetsuo Yamashita had told BT last week that633 words
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345 2008-04-08 7 EMILYN YAP - EMILYN YAP Rights are worth an expected revenue contribution of 300 m yuan for '09 By SINO-ENVIRONMENT Technology Group which was queried by the Singapore Exchange over the 12 per cent surge in share price to $1.40 last Friday yesterday announced that it has345 words
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Article118 2008-04-08 7 MobileOne AGM Meritus Mandarin Singapore, Level 4, Grand Tower, Mandarin Court D, 333 Orchard Road, Singapore *****7 Apr 8 3.30pm Meiban Grp AGM Siglap Room, Level 3, Grand Mercure Roxy Hotel, 50 East Coast Road, Roxy Square, Singapore *****9 Apr 8 10.30am Etla Ltd AGM 1 Changi North118 words
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338 2008-04-08 7 CHEN HUIFEN - CHEN HUIFEN By PACIFIC Healthcare Holdings has clinched its third consultancy and management contract and its maiden deal in Thailand. Under the deal with Bangkok Mediplex Co, Pacific will reap more than $500,000 over three years by helping duplicate its design and set-up model338 words
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218 2008-04-08 7 THE Singapore Exchange (SGX) is introducing the world's first clearing of benzene swaps in response to the petrochemical market's need for a credit risk mitigation facility. The exchange announced yesterday that SGX Asia Clear will launch the clearing of over-the-counter (OTC) benzene218 words
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Article289 2008-04-08 7 SINGAPORE Press Holdings (SPH), through SPH Interactive International Pte Ltd (SPH II), has forged a joint venture (JV) with Star Publications (Malaysia) to provide digital media services in Malaysia. The JV is called 701 Panduan Sdn Bhd. In Malay, panduan means to provide direction or289 words
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COMPANY BRIEFS
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Article45 2008-04-08 7 CARATS Ltd will be delisted from the Singapore Exchange, after it failed to meet the exchange's requirements for the shell company to acquire a new business by April 5. The firm will be wound down and its cash returned to shareholders.45 words
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42 2008-04-08 7 AL-FUTTAIM Group's stake in Robinson Co is inching towards the 90 per cent level, with the offeror saying that, as at 5.30 pm yesterday, it and parties acting in concert control 88.36 per cent of the retailer group.42 words
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54 2008-04-08 7 SIHUAN Pharmaceutical Hldgs, a manufacturer of cardiocerebral vascular drugs in China, has bought a 60 per cent stake in drug research firm Shandong R&D Co for 62.5 million yuan (5512.3 million). Sihuan said that the purchase would pave its way to advance into54 words
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Advertisement2883 2008-04-08 4 /ff> Get your Rabobank Warrant "N. (o $Ph Highlights daily via email. Q% %%r Visit www.rabowarrants.com.sg or _\y JLM *y emailwarrants@rabobank.com Vc^-jK SEMBCORP MARINE RB ECW*****3 (CKIW) SPH RB ECWOBOS2O (EOZW) Aj\ L-^ SEMBCORP MARINE LTD Call SINGAPORE PRESS HOLDINGS LTD Call I^TZ Exercise Price 553.771 Exercise Price 554.65 L2,883 words
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Advertisement132 2008-04-08 5 /4B liiiJ4lJ'i'lr''[^l7iM^^ Wp sS^ WHfA «jw»■ I **^y "t"*^* ;^s-'j^^""^^^^gH^^^^^^^^^i^i^i^B **7-12 Days East Mcd 7-11 Days Baltic Sea Russia 15-18 Days South America 11 Days New England additional! 3% 16Voyages 19 May-30 Oct 08 7 Voyages 07 Jun-22 Aug 08 2 Voyages 7 Dec-22 Dec 08 4 Voyages 16 Sep-19132 words
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SINGAPORE MARKETS
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Article, Illustration565 2008-04-08 6 CONRAD TAN - CONRAD TAN STOCKS Stocks rise after US markets shrug off weak job data; HK Land and City Dcv lead index gainers SHARES here started the week on a cautiously optimistic note yesterday, after US markets shrugged off a poor employment report onBloomberg - 565 words
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Article95 2008-04-08 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 10 6 2 0 0 0 10 6 2 Manufacturing 92 40 51 14 101 48 65 Commerce 31 18 21 36 20 24 Tpt/Stor/Comms 26 26 Finance 20 21 Construction 11 Properties95 words
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Article120 2008-04-08 6 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 28,609 28,609 87,965 87,965 Manufacturing 459,651 192,838 652,489 319,938 14,429 334,367 Commerce 60,375 1,278 61,653 92,895 255 93,150 Tpt/Stor/Comms 68,685 15 68,700 201,642 201,647 Finance 29,373 29,375 309,536 309,536 Construction 176,454 20,031 196,485 47,827 1,236120 words
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Article106 2008-04-08 6 CapitaLand 7.000 +0.100 CapitaMall 3.390 -0.030 CityDev 12.480 +0.320 Cosco Corp 3.700 +0.100 DBS Grp 19.720 -0.120 F&N 4.870 -0.050 Gent Intl 0.615 -0.010 HK Land 4.390 +0.200 JSH 16.300 +0.040 Jardine C&C 16.940 -0.360 Keppel Corp 10.920 +0.160 Keppel Land 6.180 +0.030 NOL 3.490 -0.080106 words
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Article473 2008-04-08 6 CONRAD TAN - CONRAD TAN Singapore Property Sector DBS Group Research, April 7 WEST side story: The government's proposal to turn Jurong into a commercial and entertainment hub is a major concerted effort to transform the Jurong Lake District into a unique lakeside destination for leisure and business over the next473 words
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Article, Illustration212 2008-04-08 6 KEN TAI CHEE MING - KEN TAI CHEE MING, CHART POINT BASED on last week's high of 3,175, the Straits Times Index (STI) has effectively gained 11.7 per cent over the past two weeks. While we do not rule out the possibility that shifting sentiment may setc: Bloomberg - 212 words
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Article, Illustration388 2008-04-08 6 -AFP CURRENCIES [TOKYO] The dollar rebounded in Asian trade yesterday as some traders looked beyond recent gloomy US data, betting on a recovery in the world's largest economy later in the year, dealers said. The dollar stood at 102.44 yen in Tokyo afternoon trade,-AFP; REUTERS - 388 words
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Article51 2008-04-08 6 CLOSE 955.00 -116.0 BT OB/OS BT CADI -*****.00+158.0 BT 10-day MA -*****.00 +95.00 FTSE ST Mid Cap 793.97+10.85 FTSE ST Small Cap 664.22 +9.42 FTSE ST All Share 807.89 +8.11 FTSE ST China 496.20+18.22 UOB Catalist 150.16 -1.52 SIMSCI 396.19 +2.84 SIMSCI Futures 395.60 +4.50 PrimeParnersCI 168.8851 words
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Article57 2008-04-08 6 VOLUME Jade Tech 166,199,000 UniFiber 153,721,000 Jasper 85,908,000 ChinaEnerqy 68,277,000 Synear 46,183,000 E3 Hlds 42,723,000 China Honqxinq 40,742,000 Yangzijiang 37,530,000 CoscoCorpMßLeCWoBo7o3 31,009,000 Golden Agri 27,297,000 VALUE(S) DBS Grp 95,402,796 UOB 82,903,860 Sing Tel 75,971,525 SGX 74,403,306 Capita Land 69,981,303 OCBC Bk 46,524,950 Keppel Corp 45,996,780 HK Land57 words
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Article110 2008-04-08 6 CLOSE UP BMT ***** 3200 23.2 GLD 10US$ 9030 99.6 0.8 JMH 3000 33.2 0.8 India Ni 10 1660 33.0 2.0 lit 1248 32.0 2.6 HK Land 439 27.7 4.8 China H 10US$ 1719 26.3 1.1 SIA 200 1634 26.0 1.6 ISMSCI India 100 740 20.7 2.1 DBS SGA110 words
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Article120 2008-04-08 6 BY CENTS CLOSE DOWN 1694 -36.0 -2.1 Jardine C&C DBS BNP ePW*****6 20.5 -32.0 -61.0 Shani iriLa Asia 2080 -21.3 -5.5 DBS Bk6% NCPS 10 ***** -20.0 -0.2 Jade Tech 6.5 -15.5 -70.5 DBS Gri 1972 -12.0 -0.6 NOL 349 -8.0 -2.2 DBS MBLiCW*****0 645 -7.0 -1.1 MCL Land120 words
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Article88 2008-04-08 6 Apr 7 CLOSE CHNG FR Apr 4 YR 2008/07 S$ LOW S$ HIGH USS 1.3822 0.14 1.5479 1.3757 Euro 2.1710 0.16 2.2064 1.9913 Pounds 2.7470 0.80 3.1194 2.7258 AS 1.2769 -0.63 1.3555 1.1741 Yen* 1.3469 0.28 1.4484 1.2285 Rupiah* 0.***** 0.08 0.***** 0.***** Baht* 4.3644 0.1188 words
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Advertisement218 2008-04-08 7 One Idea Can Change Your World UrbdnfOrUlTli 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 organisation Ensure the current strategy is robust enough to deal with future change Develop insights that keep you in218 words
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Advertisement196 2008-04-08 7 One Idea Can Change Your World UrbanfOfUm Most Recent Thinking in Strategy Formulation and The Kaplan/Norton Balanced Scorecard j4BA FORMULATING A CREATING A WINNING WINNING STRATEGY BALANCED SCORECARD 821 APRIL 2008 GRAND HYATT SINGAPORE 822& 23 APRIL 2008 GRAND HYATT SINGAPORE Identifies the different types of strategies as illustrated by196 words
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SINGAPORE NEWS
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Article, Illustration695 2008-04-08 8 CHOW PENN NEE - CHOW PENN NEE Net earnings jump 35% to $683.5 m for the year ended Dec 31, 2007 By CITIBANK Singapore's shift from niche operator to mass-market player with new consumer products has powered its profit. Citi's locally incorporated consumer banking arm reaped a record net_l ARTHUR LEE - 695 words
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349 2008-04-08 8 GENEVIEVE CUA - GENEVIEVE CUA By MANULIFE is launching a Singapore dollar version of its variable annuity, which it hopes will raise as much as $300 million. The US dollar Secure Retirement Plus product raised SsBB million last year, giving it a share of 22349 words
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487 2008-04-08 9 WINSTON CHAI - WINSTON CHAI By THE government has set aside an additional $250 million grant as it takes the next step towards realising Singapore's vision for a new ultra-fast Internet highway, taking the total subsidy for this project to $1 billion. The extra funding was unveiled yesterday487 words
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303 2008-04-08 9 LOCAL businesses can now leverage on the newly launched Customer Satisfaction Index of Singapore (CSISG) the first institutional measurement here for service excellence to ascertain customer satisfaction levels and identify problem areas that require improved performance. Results are based on a nationwide survey, which was conducted303 words
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Article, Illustration127 2008-04-08 9 ALAN Chan (centre), chief executive of Singapore Press Holdings (SPH) and chairman of SPH Magazines, attending a dinner at the residence of Brazilian ambassador Paulo Alberto da Silveira (second from right) at Tanglin Hill. The gathering of some 20 guests last Friday was part of the Ambassador127 words
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262 2008-04-08 9 SINGAPORE-BASED Aton Water yesterday announced memorandums of understanding with the Xinmin municipal government of the Chinese city of Shenyang for a 30-year build-op-erate-transfer (BOT) waste-water treatment plant and a 30-year BOT sludge treatment plant. Aton Water is 66 per cent owned by262 words
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412 2008-04-08 9 RONNIE LIM - RONNIE LIM Capacity will be increased by 50% to meet Asia-Pacific market growth By US Pharmaceuticals maker Wyeth is investing US$96 million to expand its US$l7O million Singapore manufacturing plant to meet growing regional demand for its infant formula and milk products.412 words
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319 2008-04-08 9 CHUANG PECK MING - CHUANG PECK MING By OCTAGON Advisors, which is headed by Koh Beng Seng, former deputy chief of the Monetary Authority of Singapore, has teamed up with the Singapore Cooperation Enterprise to advise Oman in developing the sultanate as a financial hub. A319 words
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Advertisement3404 2008-04-08 8 ■^l&rtWokM II II IN THE MATTER OF THE COMPANIES ACT, CAP 50 I OnnOlk' S^ k TRANS FORCE EXPRESS FTE LTD I ll' J!~L">■ 1 (In Members' Voluntary Liquidation) f!/~J LIMITED M Company Reg No. *****5939W AUUAIV I IMITCn sk At an Extraordinary General Meeting of the 'Vr 1* rl3,404 words
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Advertisement1489 2008-04-08 9 ROTARY ROTARY ENGINEERING LIMITED (Co. Reg. No. *****0255E) (Incorporated In The Republic of Singapore with limited liability) NOTICE IS HEREBY GIVEN that the 28th Annual General Meeting of ROTARY ENGINEERING LIMITED (the "Company") will be held at 17 Tuas Avenue 20, Singapore *****8 on Wednesday, 23 April 2008 at 10.001,489 words
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SME SPOTLIGHT
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Article, Illustration429 2008-04-08 10 PRO-ENTERPRISE CHANGES Other industry players have also benefited, says OH BOON PING IN 1995, price controls were imposed on telephone charges at hotels to curb rate increases. Although the move was well-intentioned to make sure hotel guests enjoy competitive rates comparable with thoseARTHUR LEE - 429 words
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Article, Illustration844 2008-04-08 10 OH BOON PING - OH BOON PING By BELIEVE in your dreams. This is the motto which led Terry Thng, 50, the boss of Ozone Barter Exchange, to start the company in January 2006. Ozone Barter Exchange is a community of small and medium-sized enterprises that purchase goods3 ARTHUR LEE - 844 words
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Article, Illustration942 2008-04-08 11 Niche oil player broadens services, increases investments in plant and R&D to capture slice of buoyant market, reports lAN POH IMAGINE this: streams of oil spouting miles into the air upon discovery, spurring a free-for-all among prospectors hungry for the cash earnings. The Hollywood-esqueBLOOMBERG FILE PHOTO - 942 words
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609 2008-04-08 12 IT MATTERS A good one aligns results with the environment via a transformation plan, reports OH BOON PING ANY business owners may be tempted to play the part of an information technology (IT) consultant themselves when they need to embark on a project.609 words
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336 2008-04-08 12 TEH HOOI LING - TEH HOOI LING By SINGAPORE stocks firmed despite bad news on the economic front from the US. In the five trading sessions to yesterday, the Straits Times Index climbed 5.8 per cent the strongest Tuesday-to-Monday gain since March 2007. Our portfolio also advanced, but at336 words
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Page 10 Advertisements
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Advertisement1311 2008-04-08 10 BMCER Technology limited—— BAKER TECHNOLOGY LIMITED (Company Registration No. *****0637 D) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Baker Technology Limited (the "Company") will be held at Nautica 11, Level 2, Republic of Singapore Yacht Club,1,311 words
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Advertisement14 2008-04-08 11 Football Weekly is available at all Buzz outlets, major bookstores, convenience stores and newsstands.14 words
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Advertisement263 2008-04-08 11 T GKE y^. GKE EXPRESS LOGISTICS PTE LTD \~umjmmj Specialist in Project OOGCwgoT I For Oil Gas, Marine Engineering Aerospace industry Lowbed, U-bed Semi-trailer trucking Escorted trucking route PSA port direct receipt discharge Risk assessment and site survey Heavy lifting, choking, lashing, stuffing, fumigation General bonded storage t^fnfffitfiltl f "ißm!263 words
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Advertisement1266 2008-04-08 11 HOE LEONG CORPORATION LTD. (Company Registration No. *****8433W) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Jurong Country Club, 9 Science Centre Road, Singapore *****8 (Albizia 1 at Level 2) on1,266 words
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Advertisement1460 2008-04-08 12 UNITED FOOD HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Company Registration Number: *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of UNITED FOOD HOLDINGS LIMITED ("the Company") will be held at Suntec Singapore International Convention Exhibition Centre, Meeting room 306, Level 3,1,460 words
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Advertisement1157 2008-04-08 12 Infocomm Public Education for SMEs Computer use among enterprises has reached 73 per cent, driven largely by small scale companies. Infocomm benefits your business. Adopt infocomm today and find out more about the Infocomm Development Authority of Singapore's programmes for SMEs at www.ida.gov.sg/sme If ASIA WATER TECHNOLOGY LTD. Jf (Incorporated1,157 words
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ECONOMY WATCH
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Article, Illustration518 2008-04-08 13 Reuters [LONDON] Defending himself from charges that easy US monetary policy created the current credit crisis by inflating a housing bubble, former Federal Reserve chairman Alan Greenspan blamed professional investors for the crisis. In an article in Monday's Financial Times newspaper, Mr– Reuters - 518 words
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Article, Illustration585 2008-04-08 13 ANTHONY ROWLEY - ANTHONY ROWLEY Tax policy changes, raising of service sector output key to country's recovery By in Tokyo WITH key sectors of the global financial system suffering from "partial paralysis", the slowdown in major economies will be deeper and longer lasting thanI AP - 585 words
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Advertisement2801 2008-04-08 13 The Straits Trading Company Limited REYOUNG PHARMACEUTICAL HOLDINGS LIMITED C RJChLand" {S^SmISISS^ notice of annual general meeting Gn°JP MOTirP OF ANNIIAI PPNPRAI MPPTIMP NOTICE IS HEREBY GIVEN that the Annual General Meeting of REYOUNG PHARMACEUTICAL V. ""c M™™"ML- vacwcriMl- nice I inn HOLDINGS LIMITED (the "Company") will be held at2,801 words
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MALAYSIA
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Article, Illustration471 2008-04-08 14 S JAYASANKARAN - S JAYASANKARAN Officials say anger on the ground is too strong for him to stay as president By in Kuala Lumpur PRIME Minister Abdullah Ahmad Badawi will probably not serve out his full term as he is likely to be471 words
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Advertisement2603 2008-04-08 14 HtU hwa hong corporation limited (Incorporated in the Republic of Singapore) (Company Registration No. *****0130 C) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifty-Fifth Annual General Meeting of Hwa Hong Corporation Limited (the "Company") will be held at Swissotel Merchant Court, Merchant Court Ballroom, Section A,2,603 words
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Advertisement1492 2008-04-08 14 0 DUTECH HOLDINGS LIMITED (Company Registration No. *****6359 C) (Incorporated In The Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Dutech Holdings Limited ("the Company") will be held at Temasek I Room, Level 2, Traders Hotel Singapore, 1A Cuscaden Road,1,492 words
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MALAYSIA/INDONESIA
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Article584 2008-04-08 15 PAULINE NG - PAULINE NG Political uncertainties knock investments in stocks and economy By in Kuala Lumpur IN THE wake of the current political uncertainties following the March 8 polls, Malaysia's marketing of itself as an equities' "haven" in the global sub-prime turmoil now rings hollow. Its main584 words
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268 2008-04-08 15 Bloomberg [KUALA LUMPUR] Malaysia plans to introduce more expensive petrol to cut its fuel subsidy of RM3S billion (5515.1 billion) a year, Deputy Prime Minister Najib Razak said. Domestic Trade and Consumer Affairs Minister Shahrir Abdul Samad will present the– Bloomberg - 268 words
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299 2008-04-08 15 Bloomberg [JAKARTA] Indonesia's parliament approved top economic minister Boediono as the nation's 13th central bank chief, as South-east Asia's largest economy grapples with accelerating inflation and slowing growth. Mr Boediono, 65, will succeed Burhanuddin Abdullah, whose five-year term expires on May 17. MrBloomberg - 299 words
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Article8280 2008-04-08 15 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.931/ Star Europe Bond 1.228/ Star Europe Bal 1.18/ Star Asian Tiger Eqty 1.369/ Star Asia Bond 1.187/ Star Asia Balanced 0.972/ Star Global Technology Fund!** 0.193/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.857/ Gib Multi St USD8,280 words
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MIDDLE EAST
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280 2008-04-08 16 -Bloomberg [DUBAI] Depa, a United Arab Emir-ates-based interiors contractor fitting out the world's tallest tower in Dubai, may raise US$5l6 million in an initial public offering (IPO) if it prices shares at the top of the indicated range. Depa will offer 278.9 million shares,-Bloomberg - 280 words
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Page 16 Advertisements
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Advertisement1609 2008-04-08 16 r^sStBHßßHimillllWl JV^ RIVERSTONE HOLDINGS LIMITED (*****0666-D) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Gallery Hotel, 1 Nanson Road, Singapore *****9, on Friday, 25 April 2008, at 2.00 p.m. for the following purposes: Ordinary Business 1. To receive and adopt the Directors'1,609 words
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Advertisement2617 2008-04-08 16 SUPERBOWL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) .^^g Registration No. *****3139W NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of "entities at risk" under Chapter 9, or any of them, to enter into any of Superßowl Holdings Limited will be held2,617 words
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GREATER CHINA
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Article, Illustration382 2008-04-08 17 Reuters [PARIS] The relay of the Beijing Olympic torch through the streets of Paris by runners was cancelled yesterday and the flame was put on a bus at the request of Chinese authorities after huge pro-Tibetan protests, French television reported. France's– Reuters; AFP - 382 words
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281 2008-04-08 17 -AFP But PM says raising grain output crucial for future supplies and taming inflation [SHANGHAI] Prime Minister Wen Jiabao insists that China is capable of feeding itself and that grain reserves are expected to meet demand despite tight global supplies, state media reported-AFP - 281 words
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191 2008-04-08 17 Bloomberg [SHANGHAI] China will let its commercial banks invest in US stocks and mutual funds, widening the scope of its overseas investment programme, the China Banking Regulatory Commission said in a statement yesterday. China has signed similar agreements with the Japanese, UK,Bloomberg - 191 words
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Page 17 Advertisements
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Advertisement1364 2008-04-08 17 CONSOLIDATED BALANCE SHEET Citigroup inc. and subsidiaries CONSOLIDATED STATEMENT OF Citigroup inc. and subsidiaries REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING INCOME FIRM CONSOLIDATED FINANCIAL STATEMENTS December 31, Year Ended December 31, The Board of Directors and Stockholders In millions of US dollars, except shares 2007 2006 In millions of US1,364 words
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INDIA
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Article, Illustration326 2008-04-08 18 Xinhua [NEW DELHI] The Indian government has decided to establish a strategic reserve of five million tonnes of food grains over and above the buffer stock to meet emergency situations due to domestic inflation and tightening wheat and rice prices in the global– Xinhua; REUTERS - 326 words
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567 2008-04-08 18 Bloomberg Among measures are new markets, more banking competition and better regulation [MUMBAI] An Indian panel set up to analyse liberalisation of the financial sector to quicken growth in Asia's third-largest economy has suggested greater competition among banks, better regulation and■ Bloomberg - 567 words
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393 2008-04-08 18 -Bloomberg Govt says it will sell bonds and treasury bills this week to drain cash from banks [MUMBAI] India should use measures that drain excess money from the financial system instead of raising interest rates, to curb inflation at a three-year high, said former-Bloomberg - 393 words
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Article2288 2008-04-08 18 VOL C000) Apr 7 RM ASM Realty 0.70 AbricBhd 0.20 Advance Synergy 0.13 Adventa Bhd 1.20 AeMuIti Hldgs 0.23 Affin Holdings 2.02 Ahmad Zaki Resou 1.01 Aic Corp 0.61 Airasia Bhd 1.38 Akn Technology 0.44 Alliance Financi 2.80 Aluminium Co 1.02 Amalgamated Ind 0.47 Ammb Hldgs Bhd 3.542,288 words
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Page 18 Advertisements
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Advertisement1353 2008-04-08 18 Ml AA Group Holdings Ltd. jtlpk (Company Registration Number: *****2064 D) *^|pP*' (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of AA Group Holdings Ltd. will be held at Duke Room, Level 2, Copthorne King's Hotel, 403 Havelock Road, Singapore *****2 on Thursday,1,353 words
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ASIA-PACIFIC/WORLD
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224 2008-04-08 19 Reuters [NEW YORK] Discover Financial Services yesterday said that it agreed to buy Citigroup Inc's Diners Club International operations for US$l65 million, expanding its global presence. The Diners Club network generates more than US$3O billion of annual card volume outside North America,– Reuters - 224 words
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Article, Illustration518 2008-04-08 19 Clipper Ventures HEADWINDS being produced on the south side of the North Pacific high pressure system means the yachts in the Clipper fleet are tacking their way towards Santa Cruz. It is obvious looking at the positions on the race viewer that most: Clipper Ventures; ii:0'i:[)T - 518 words
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Article, Illustration516 2008-04-08 19 ANTHONY ROWLEY - ANTHONY ROWLEY He may take over just before G7 meet as DPJ hints it won't veto appointment By in Tokyo THE Bank of Japan (BOJ) will get a new chief in time for what is seen as a critical meeting of Group ofI REUTERS - 516 words
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477 2008-04-08 19 -Reuters, AP [NEW YORK] Yahoo is not opposed to Microsoft Corp's bid for the Web media company, as long as it is at the right price, Yahoo's board said yesterday. "We have continued to make clear that we-Reuters, AP - 477 words
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Page 19 Advertisements
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Advertisement920 2008-04-08 19 citibank BALANCE SHEET AS AT 31 DECEMBER 2007 citibank Singapore limited PROFIT AND LOSS ACCOUNT citibank Singapore limited INDEPENDENT AUDITORS' REPORT YEAR ENDED 31 DECEMBER 2007 2007 2006 Member of the Company Ssooo Ss'ooo 2007 2006 Citibank Singapore Limited Equity attributable to equity holders Ss'ooo Ss'ooo We have audited the920 words
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WORLD
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Article, Illustration592 2008-04-08 20 Bloomberg It pays USsllb, holds option to take a further 52% stake for USs2Bb [GENEVA] Novartis AG agreed to buy a 25 per cent stake in Nestle SA's Alcon Inc for US$ll billion and said it may acquire the rest to become theBloomberg; AP - 592 words
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516 2008-04-08 20 Reuters [ZURICH] Nestle stands poised for large acquisitions to strengthen its strategic drive into nutrition and health foods after agreeing to sell its stake in US eyecare firm Alcon for up to US$39 billion. Nestle said yesterday it was now openReuters - 516 words
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298 2008-04-08 20 Bloomberg [SYDNEY] Lachlan Murdoch, eldest son of News Corp chairman Rupert Murdoch, has scrapped plans to buy Consolidated Media Holdings for A 53.2 biUion (Ss4.l billion). The joint proposal with Consolidated Media chairman James Packer was withdrawn due to a change in "overall■ Bloomberg - 298 words
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537 2008-04-08 20 -Reuters They're also raising prices during what's said to be the worst housing downturn since Depression [CHICAGO] The US economy may be slipping into a recession as the housing market slumps and the credit crunch prompts widespread belt-tightening, but you might not know-Reuters - 537 words
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Article, Illustration623 2008-04-08 20 Reuters [NEW YORK] At a Manhattan coffee bar, an ultramodern machine whirls and zips a selection of beans from clear silos of freshly roasted coffee beans through plastic shoots to be instantly ground and brewed to order. While New Yorkers were once– Reuters; REUTERS - 623 words
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285 2008-04-08 20 Bloomberg [NEW YORK] Mark Perm, the much-criticised chief strategist of Hillary Clinton's presidential campaign, is out as her top adviser. He quit after coming under fire for his firm's role in promoting trade with Colombia. "After the events of the last few days,– Bloomberg - 285 words
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Article, Illustration617 2008-04-08 22 Bloomberg World rice stockpiles are at their lowest levels since the 1980s [LONDON] From Cairo to New Delhi to Shanghai, the run on rice is threatening to disrupt worldwide food supplies as much as the scarcity of confidence on Wall Street earlier this year roiled creditBloomberg; REUTERS - 617 words
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Article402 2008-04-08 22 AFP [DAKAR] African governments are nervously confronting a mounting wave of often deadly social unrest caused by the soaring cost of food and fuel. Forty people died during price riots in Cameroon in February. There also have been deadly troubles in Ivory Coast andAFP - 402 words
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Page 20 Advertisements
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Advertisement444 2008-04-08 20 11.18 am Practice is over. He's arrived 9.00 am Male, 42, checked in to the at the new office. Looks like a busy 9.11 pm Looks like they're at an exclusive Pan Pacific Serviced Suites but he doesn't morning but he's now coming out with 11.51 am It's a new444 words
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Page 21 Advertisements
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Advertisement5745 2008-04-08 21 ADROIT INNOVATIONS LIMITED H("9| (Incorporated in the Republic of Singapore) Hfl |HfH IMP Company Registration No. *****2554G NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Fifteenth Annual General Meeting of the Company will be held at Room 307, Level c 3, Suntoc Singapore International Convention Exhibition Centre,5,745 words
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Page 22 Advertisements
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Advertisement2083 2008-04-08 22 ~M$ II TECHMOLO&Y LTD Advanced Systems Automation Limited (Company Registration N0.*****0740M) ALANTAC TECHNOLOGY LTD. (Incorporated in Singapore with limited liability) (Company Registration No. *****1749E) (Incorporated in Singapore with limited liability] BbYllM^yilNN'riiyi^HfilTriH^llJEM NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Second Annual General Meeting of ADVANCED SYSTEMS AUTOMATION2,083 words
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AVIATION
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Article, Illustration738 2008-04-08 23 Reuters Sticking with older planes cheaper than buying or leasing new, fuel-saving jets [WASHINGTON] Recent aircraft groundings and cancelled flights at US airlines partly reflect the challenges of managing an ageing fleet. Worsening industry finances will force carriers to live with those– Reuters; AFP - 738 words
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287 2008-04-08 23 Bloomberg [FORT WORTH, Texas] American Airlines Inc, the world's largest carrier, is freezing hiring of management and support employees, citing near-record fuel prices and an economic slump. American, a unit of Fort Worth, Texas-based AMR Corp, last week informed employees of a policyBloomberg - 287 words
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Article126 2008-04-08 23 ■AFP [BANGALORE] Jet Airways, India's largest private carrier, and Japan's ANA plan to start a code-sharing partnership and link their frequent flier programmes next month, Jet said yesterday. The agreement, the first such between Indian and Japanese airlines, will take effect on May 21 subject■AFP - 126 words
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243 2008-04-08 23 -NYT [LONDON] The European Commission plans to announce rules to let airlines offer midair mobile phone calls to passengers across the EU, removing a major obstacle for companies that want to sell the service. With the new regulations, due to be released yesterday,-NYT - 243 words
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Article2394 2008-04-08 23 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:2,394 words
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Page 23 Advertisements
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Advertisement146 2008-04-08 23 BT/ZUJI Deals of the Week BUSINESS CLASS (from I ECONOMY CLASS (from HOTEL (from Shanghai $1,036 $347 $66 Garuda Indonesia Garuda Indonesia Take home an i love it here* accommodation guide book with any Business Class booking this April DESTINATION BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER Bangkok146 words
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Page 23 Miscellaneous
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Miscellaneous194 2008-04-08 23 CRYPTIC CROSSWORD ACROSS (8) 28 PhD's work misrepresented Scottish ordeal (8,6) Ditch djgger js a g|utton YESTERDAY'S SOLUTION DOWN Across: 7 Spurious, 9 Leafed, 10 Get hark tn nive the suite an 14 Military body can intercept Drug, 11 Compatible, 12 Stripy, l< acktog.vethesuitean cr i mi nal male (10)194 words
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SHIPPING
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Article, Illustration472 2008-04-08 24 Bloomberg It boosted its container volume 22 per cent last year to 39.8 million [HONG KONG] Cosco Pacific Ltd, Asia's third largest container terminal operator, boosted second-half profit 81 per cent, helped by surging shipments of Chinese-made toys, furniture and clothing– Bloomberg; BLOOMBERG - 472 words
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381 2008-04-08 24 Bloomberg [LONDON] The cost of shipping Middle East crude to Asia, the world's busiest market for supertankers, may extend its biggest two-day drop in three years as refineries release spare ships into the market. Refineries in the northern hemisphere undergo routine repairs and reconfigureBloomberg - 381 words
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345 2008-04-08 24 VINCENT WEE - VINCENT WEE By [SINGAPORE] The Singapore Maritime Officers' Union (SMOU), together with the International Transport Workers' Federation (ITF) and the Maritime Port Authority (MPA), has helped the 22 stranded crew on the stricken bulker MV Lady Belinda recover US$lO2,OOO in unpaid wages345 words
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288 2008-04-08 24 Bloomberg [JAKARTA] Workers at Indonesia's sole state-owned port operator Pelindo may begin an open-ended strike from today to try and scupper a Bill to end the company's monopoly, potentially disrupting trade from South-east Asia's largest economy. Union representatives yesterday discussed late additionsBloomberg - 288 words
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Page 24 Advertisements
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Advertisement137 2008-04-08 24 CARGO WORTHY SECOND Hand Logistics Containers for sale in Singapore in all sizes. Please call +**********9 to purchase or email to sminv@mweb.co.za. SM Investments SINGAPORE w^JanHtKfchCTnm.ig >^^^^^^^^MMB HomE decor STYLISH LIVING MADEEASY FASHION GOES HOME'*^t^\^kf HOT RUNWAY STYLES FOR INTERIORS^} \J \J* I IVW99 B^lfJli^B shopping secrets "~-*\T It: Qll*l^lSU|3137 words
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Advertisement238 2008-04-08 24 Save $300 if you register before 9 Apr 2008 10 discount for groups of 2 or more!! 14 16 May 2008, Meritus Mandarin, Singapore Case Studies oi Industry Bigwigs w' IfPfe [1 vla^ PnTriv nxG ,v: s insights and proven examples on building Brand Engagement with youth NIKE Creating Advocacy238 words
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EDITORIAL & OPINION
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531 2008-04-08 25 THE prospect of up to 18 months of political limbo and policy paralysis faces Japan unless the (barely) ruling Liberal Democratic Party (LDP) summons up the courage to call a general election. There is no doubt that this is what it should do, in531 words
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Article, Illustration1099 2008-04-08 25 TIGER TONG - TIGER TONG The appreciation rate, if it continues, will push a large number of exporters into the red By! CHINA is losing its competitive edge in some of the very industries that started the country's industrialisation process. For instance, its garment and accessories£9 REUTERS - 1,099 words
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Article, Illustration763 2008-04-08 25 ROBERT SAMUELSON - ROBERT SAMUELSON The Washington Post Writers Group THE BOTTOM LINE IN AMERICAN politics, it is imperative to be seen as "doing good". The present housing crisis is a case in point, as Congress now seems increasingly intent on aiding millions of homeownersThe Washington Post Writers Group - 763 words
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Article, Illustration1098 2008-04-08 26 LEON HADAR - LEON HADAR 'A recession is possible/ he told the somewhat hostile members of the Senate Joint Economic Committee last week YES. US Federal Reserve chairman Ben Bernanke actually used the word "recession" during his Congressional testimony last week. He didn't say that the USREUTERS - 1,098 words
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380 2008-04-08 26 Yeo Guat Kwang - Yeo Guat Kwang LETTERS TO THE EDITOR I REFER to the editorial "Cracking down on errant private schools" (BT, March 12). The editorial said that "even 'registered' schools and those with the Case Trust seal that's supposed to ensure the 'highest possible standards of academic,380 words
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265 2008-04-08 26 Leong Sze Hian - Leong Sze Hian I REFER to media reports about the increase in the price of rice, and fears of a supply shortage. It was reported that a chicken rice restaurant has raised the price of a plate of chicken rice from265 words
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339 2008-04-08 26 Narayana Narayana - Narayana Narayana IN his letter, "Disclose CEO's and directors' actual pay, not bands" (BT, April 3), Mak Yuen Teen makes an impassioned plea that Singapore catch up with its rival, Hong Kong. He comments: "Actually, in several areas, we are now behind Hong Kong,339 words
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Page 26 Advertisements
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Advertisement24 2008-04-08 26 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. B8ARS NOTICES K|24 words
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Advertisement116 2008-04-08 26 SHAWN V^UE |^g v .^M T^H^jss^l Ml (50% of the sales revenue goes to the ST Pocket Money Fund) ,«™.i|gj S4a#i wmsm Bid price starts from $10 JJJHj,, I W Bidding ends 11.59pm, 13 April 2008 11 f*siV* r^^2i^* I I Dimensions: (W) 685 mm x(H) 1,806 mm x(D)6Bsmm j^r116 words
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SINGAPORE STOCKS
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Article7282 2008-04-08 27 Transaction date: Apr 7 »-wks Tel Low Code Com[ Sale ('OOP) Hii ■ow B'u; Seller C'vr P/E $mil 5716 "IstSoftware 22 6.5 3148 STelecom no 99:5 6389 ABFosG cBond iETF 1::::: 1. 1.::::::::: 1.::: 1. 1. 18 71i S i I"- 1 22 4 3100 ASAGrp 27 87,282 words
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Article68 2008-04-08 27 Hit Low Code Com Sale COOP] Hit Low Bit Seller C'vr P/E $mi 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDRS 398.3 288 6009 STI ETF 3977.9 3013.7 6010 STI ETF68 words
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Article1938 2008-04-08 27 Hii |h Low Code Comi >an' Sale COOQ) Hii Low By rer Seller C'vr P/E $mi 30 11.5 1181 s AAGrp 41.5 18 5000 sABRHIdgs 31 18.5 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.51,938 words
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Article209 2008-04-08 27 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer209 words
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Page 27 Advertisements
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Advertisement46 2008-04-08 27 ROYAL OAK COLLECTION f| WHERE EXTREMES MEET r -S W^^wL'' Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED .^tf?^^^*'^^^^^^: i", -~1*"" f 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 -$&£rSj!3l£&r- —^^»-'js' t >-^^*^ iii/ Pll Internet: Http://www.audemarspiguet.com \\i^V C ■"-****^K^46 words
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FINANCE & COMMODITIES
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368 2008-04-08 28 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Apr 4 World Index Preliminary 1032.7 0.3 -8.8 0.2 -9.8 0.5 -6.1 EAFE Preliminary 990.5 0.3 -11.6 0.4 -9.7 0.8 -5.' Euroi Preliminary 1373.5 0.6368 words
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Article61 2008-04-08 28 Apr 7 Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Apr 08 3350 May 08 3281 JunO8 3327 Jul 08 3327 Total o/p: ***** contracts 3367 3365 3350 174 394 3372 3377 3281 3117 ***** 3382 3387 3321 6952 ***** 3385 338961 words
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Article23 2008-04-08 28 Apr 7 STI 331.9 337.1 335.6 SIMSCI A| 392.2 395.8 395.6 Taiwan Apr CLOSED Source: MF Global (S) Pte. Ltd23 words
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Article21 2008-04-08 28 Apr 7 Bid Offer 1-month 1.3805 1.3817 2-months 1.3788 1.3801 3-months 1.3779 1.3792 6-months 1.3747 1.3762 Source: OCBC21 words
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Article158 2008-04-08 28 Apr 7 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2749 1.2761 0.9221 0.9223 Canadian dollar 1.3735 1.3752 0.9934 0.9939 Euro 2.1658 2.1677 1.5665 1.5667 NZ dollar 1.0925 1.0942 0.7902 0.7908 Sterling md 2.7454 2.7480 1.9857 1.9861158 words
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Article348 2008-04-08 28 Apr 7 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO8 SepO8 DecO8 MarO9 97.595 97.720 97.635 97.555 0 0 0 0 ***** ***** 8127 ***** EUROYEN FUTURES JunO8 99.245 99.245 SepO8 99.345 99.345 DecO8 99.355 99.360 MarO9 99.350 99.355B JunO9 99.305B SepO9 99.240B DecO9 Mar10 99.240A348 words
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Article285 2008-04-08 28 Apr 7 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest May 08 JunO8 Jul 08 Aug 08 Sep 08 Oct/Dec 08 392.50 391.50 389.50 389.50 389.50 389.50 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open Interest285 words
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Article131 2008-04-08 28 As at 9am Apr 7 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2640 1.2790 Can dollar 1.3620 1.3790 Euro 2.1570 2.1810 NZ dollar 1.0790 1.1030 Sterlini 2.7350 2.7661 US dollar 1.3740 1.3900 Local dollars to 100 units of foreign currency:131 words
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Article158 2008-04-08 28 Apr 7 Overnight 1/2 1 -month 1 3/16 2-months 1 1/4 3-months 1 3/8 Overnight mode: 13/16 US$ Offer 3/8 1/16 1 1/8 1 1/4 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 2.85 2.95 2.95 2.95 2.85 2.85 2.85158 words
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Article467 2008-04-08 28 Apr 7 AS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.928 6.457 0.589 7.184 36.830 84.999 0.947 8.991 2.943 1.167 57.983 38.474 1.275 7.169 0.936 28.048 29.201 0.464 0.922 Canada 1.078 6.958 0.634467 words
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Article136 2008-04-08 28 Apr 7 GOLD (USS/oz) Apr 03 Apr 07 Hong Kong London 898.30 912.80 899.30 913.80 Apr 03 Apr 04 906.30 905.40 907.20 906.30 Source: Reuters CAST BAR (S$) Apr 07 Selling Buying Kilobar ***** PAMP GOLD BARS (S$) Selling ***** Buying 1gm 5gm 10gm 20gm 50gm 100gm 1136 words
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Article79 2008-04-08 28 Apr 7 (US$) (Ss) I 1 mth 2.***** 1.***** 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 1279 words
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Article91 2008-04-08 28 Apr 7 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****X 10.07.08 1-Year BY*****A 29.09.08 0.77 0.83 0.7 0.7 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*****F91 words
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Article70 2008-04-08 28 Apr 4 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2902.00 2860.80 3 months 2953.00 2910.00 Copper, Grade A (US$/tonne) Cash 3 months 8809.00 8670.00 8686.50 8550.50 Lead (US$/tonne) Cash 2928.00 3 months 2940.00 2948.00 2960.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 370 words
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Article77 2008-04-08 28 Apr 4 COCOA (Btonne) Close Prev Hii ih/Low May 08 1280 1285 1303/1272 JulO8 1305 1304 1326/1298 SepO8 1235 1243 1257/1229 Dec 08 1215 1221 1234/1213 COFFEE (US$/tonne) Close Pev High/Low May 08 2248 unch 2278/2227 JulO8 2253 2256 2280/2235 SepO8 2249 2255 2264/2236 Nov08 2223 2230 2252/2226 SUGAR77 words
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Article101 2008-04-08 28 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 08 1277.00 1257.00 1279.00 1257.00 Jul 08 1294.00 1276.00 1297.00 1275.00 Aug 08 1287.00 1268.00 1287.00 1271.00 Sep 08 1262.00 1238.00 1262.00 1262.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 56.61 55.37 56.70 55.35 Jul101 words
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Article76 2008-04-08 28 CRUDE OIL PRODUCTS Apr 4 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 103.13 -0.34 WTI (Near Mth) 106.18 1.96 Dubai (1-Mth F) 97.19 -0.04 Tapis blend 110.65 0.4 Minas 102.7 0.4 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 98.00 130.50 -0.95 0.4 US$/barrel Opec Oil76 words
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Article1639 2008-04-08 28 BONDS WARRANTS Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- COOO) Ratio Price ing Left 9092 Asia Environment W*****4 16 -3 5 1 38 -5 3.56 16 2878 Aztech Systems W*****6 4.5 -0.5 50 1 51 136 5.22 27 3666 Capitaland BNP ECW*****9 151,639 words
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Page 28 Advertisements
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Advertisement157 2008-04-08 28 TAKE CHARGE IN VOLATILE TIMES F 777 MARKETS SINGAPORE Given the current market turmoil, perhaps it's time you start to actively manage See how you can take advantage of the current financial volatility with Saxo Capital your own investments. At Saxo Capital Markets, we believe in empowering Markets. Trade up157 words
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Advertisement2617 2008-04-08 29 m The Business Times Shipping Times M tf tMWI t^Vltili^lJffTfftiiSPftilM m\\ WAN HAI INTERNATIONAL PTE LTD m B^g||^|uyK ■JBBa»tfj3iri»6i»BlliEi^aiiilH IV"TkT\iaiam iiai iiurr tel^™ imunesi fax:*****163 I J:| I llMih] I BJgJßgßHgjgHßJgggßgßliiß ■JMlffliWßi^llWillTiM I V^N WAN HAI INtS Cuslomer Savke/Booking^ Krecr line <IS00) *****200 lj|Hi«ra|n9ffi^Sllß|mffl9 \l_ PKLHL: (03| *****888 FAX: (03)2,617 words
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Advertisement1492 2008-04-08 30 r i— -iMSuflMSflEjlni t^^^ Hjß 1 L m^^^ BHia \^m~~' M\< For further assistance, please contact: WWWTWifI Zim Logistics S.E.A. Re Ltd 70 Shenton Way #10-02 Marina House Singapore *****8 Tel: 6317 2109 Fax: *****070 Email: general@zim-logistics.sg Website: www.zim-logistics.com.sg jVXX\\ AUSTRAL ASIA LINE web site: http://www.auslralasialine.com f-LIX. ASIA —AUS T1,492 words
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Advertisement947 2008-04-08 30 VESSEL VOY PKL SIN KHI DXB BAB ~DMM BIK KHO TENTH OCEAN PCLB2SB 07/04 08/04 16/04 19/04 20/04 26/04 28/04 30/04 LUCKY MAN PCLB2S7 12/04 13/04 22/04 25/04 26/04 01/05 03/05 05/05 ANNA E PCLB262 22/04 23/04 SKIP 01/05 02/05 08/05 10/05 12/05 I VESSEL I VOY I SIN I947 words
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Advertisement653 2008-04-08 30 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOY SIN PKL [MB NSA [MB SO MY 020W 09 APR 10 APR 13 APR 17 APR 21 APR SCI KIRAN OIOW ISAPR I6APR 19 APR 23 APR 27 APR KOTAPAHIAWAN YPHOB2 22 APR 23 APR653 words
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Advertisement3039 2008-04-08 31 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'n3,039 words
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PROPERTY
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Article, Illustration964 2008-04-08 32 JOHNFWASIK - JOHNFWASIK COMMENTARY By DID McMansion fever cause the US housing bust? Now that the home crisis fin-ger-pointing season is in full swing, it's a good time to take a look at how "house lust", as author Daniel McGinn calls it, affected theREUTERS - 964 words
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489 2008-04-08 32 -Bloomberg [SAN FRANCISCO] Apartment rents in San Francisco rose the most of any US market in the first quarter as stricter lending standards and falling home prices deterred people from buying homes, according to real estate research firm Reis Inc. San Francisco asking-Bloomberg - 489 words
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Article, Illustration494 2008-04-08 33 Bloomberg Lowest level of unemployment in 33 years, higher pay, immigration cited [SYDNEY] Australia's home-building approvals rose in February, boosted by the lowest unemployment rate in 33 years, higher wages and immigration. The number of approvals to build or renovate houses and apartments increased■ Bloomberg; BLOOMBERG - 494 words
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907 2008-04-08 33 JOHN M BERRY - JOHN M BERRY Bloomberg COMMENTARY Reducing the overhang of new homes is what's needed By SUPPOSE you're trying to sell your house when a similar home down the street has a sign in its yard proclaiming: "Foreclosure. Priced to Sell." You're probably■ Bloomberg - 907 words
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Article, Illustration556 2008-04-08 34 ARTHUR SIM - ARTHUR SIM 8.4% surge driven by banks with eye on private wealth management in Asia By OFFICE rents in Singapore continued to power ahead in the first quarter of this year, despite a slowdown in the US economy and possible22 FILE PHOTO - 556 words
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378 2008-04-08 34 Bloomberg [HONG KONG] Macquarie Group Ltd, Australia's only publicly traded investment bank, plans to move its Hong Kong headquarters to One International Finance Centre in the Central business district. The bank will move its entire office, currently located at Citic Tower inBloomberg - 378 words
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OUTLOOK
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Article, Illustration994 2008-04-08 35 But analysts say some cities, including Spore, may see slowing rental growth, reports UMA SHANKARI BUOYED by limited office supply in some cities and high GDP growth, all major office markets in Asia are expected to see rental growths in 2008, butREUTERS; : Cushman &Wakefield in-house economic model - 994 words
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436 2008-04-08 36 ARTHUR SIM - ARTHUR SIM Bulgaria, with 33.7% surge, tops world index, beating Spores 31.3% rise By THE average price of private housing in Singapore surged 31.3 per cent between Q4 2006 and Q4 2007 the second-biggest jump in a world index topped by Bulgaria436 words
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Article, Illustration342 2008-04-08 36 KALPANA RASHIWALA - KALPANA RASHIWALA New asking price of $1,106 psf per plot ratio is 10-15% less than before By ANOTHER en bloc sale property is back on the market with a lower asking price. Royalville in Bukit Timah, off Sixth Avenue, has been relaunchedFILE PHOTO - 342 words
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Article, Illustration293 2008-04-08 36 Millennium Copthorne names Richard Hartman CEO Bloomberg [DUBLIN] Millennium Copthorne Hotels pic named former Intercontinental Hotels Group pic manager Richard Hartman as its third chief executive officer in about as many years after eight months without a permanent CEO. Mr Hartman, 62, has worked in the lodging industry for moreBloomberg; FILE PHOTO - 293 words
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352 2008-04-08 36 EMILYN YAP - EMILYN YAP By THE Housing and Development Board (HDB) has launched a fifth Design, Build and Sell Scheme (DBSS) site at Simei Road for sale. According to Nicholas Mak, director of consultancy and research at Knight Frank, the site may fetch between $49352 words
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Advertisement185 2008-04-08 32 FOR SALE BY TENDER ffgtff Exclusive Luxurious Freehold Condominium in District 11 PASTORAL VIEW a s (7 Bassein Road) Balmier Hill S i V g S E Sminburd^ I Tranquil neighbourhood i^^^ Proximity to CBD and Orchard road, Ministry i |JJSubject the premier shopping belt °fflS c- |^|SIT| I walking185 words
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Advertisement248 2008-04-08 32 LANDMARK TOWER raver Land area 60,821 sq ft as v.<*° Leasehold 99 years wef 16/06/1 980 tiCP^ sS \<&^ S,o^'?1 Residential plot ratio 3.7 c&^*' s^^subject t Exclusive location overlooking Vs> Pearl's Hill City Park Singapore River Prajpk'" 360° panoramic views of the cityscape, US Pe°S^ lush greenery and sea248 words
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Advertisement292 2008-04-08 33 f^W HOUSING 4 f DEVELOPMENT MJ J BOARD LAND FOR SALE X PUBLIC HOUSING DEVELOPMENT UNDER THE DESIGN, BUILD SELL SCHEME S nEcovaa U J| ShoppingCMre i Condominium "RT C^Jf School The Housing Development Board is offering for sale a State Land Parcel Simei PHI for public housing development under292 words
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Advertisement180 2008-04-08 33 I Canadian Int'l Sch l^s^"^ 8* Prominent District 10 site, off Sixth Aye l^tMW^m Deutsche Schule \<>\ v>^ (German Sch) M VCa -swisssch Large plot of 174,176 sf, Freehold N*<^, -Tunoity Residential PR 1.4, up to 5 storeys 1 Near good schools like RGPS, MGS <=J:Sr-^ r/C^T Chinese High Sch.180 words
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Advertisement479 2008-04-08 34 Circle On Cavill Iconic Landmark Retail Centre Incorporating Prestige Office Space |jj|?7S« S>Sf" §|1' Efi'^fljl i§iirJ I ~Wh I 3184 Surfers Paradise Boulevard, Surfers Paradise, Gold Coast, Australia K^^^ySS 9^ I!! E7if; 3'if 'M I ':S Gold Coast Retail -40 shops 6 office tenancies and 429 car parks tg!9yysfl SL*I479 words
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Advertisement205 2008-04-08 35 This is the second of a four-part series brought to you by JLCUSHMAN& '<!■■/ WAKE FIELD Global Real Estate Solutions SM TENANT REP LANDLORD REP OFFICES INDUSTRIAL BROKERAGE 52,000 sf expansion at brand new Real Estate Advisor for BP at Keppel 35 Robinson Road: Real Estate Advisor Major 20,000 sf205 words
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Advertisement188 2008-04-08 36 /*^3v/ visit the largest event in Asia that showcases the latest trends in real estate, architecture, j^ Q( urban planning and design from around the world. \^gg !J*^^H Cityscape Asia 2008 features an 6,000 sqm exhibition and two parallel conferences where you can: N^KSSSlslfeS Network with more than 6,000 international188 words
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BUILDING GREEN
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988 2008-04-08 37 Singapore's Garden City concept may be extended further to encompass ecosystems that encourage biodiversity, reports MATTHEW PHAN BIODIVERSITY seldom comes to mind when one thinks of the living environment. Yet biodiversity which refers to the number and variety of organisms in an area merely988 words
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Article, Illustration468 2008-04-08 37 MATTHEW PHAN - MATTHEW PHAN By IT'S a magical place where photographers gather at weekends to snap some of Singapore's rarest and most beautiful creatures. The butterfly trail at Alexandra Hospital is Singapore's biggest open-concept butterfly garden, with more than 100 different species sighted. They include the Common Birdwing,JOHN HENG - 468 words
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Advertisement439 2008-04-08 37 i Hi^BM .--^i\ l_ I jffL -^fl^^H iH .ju■"■Ttej^K <L* ji >■ i* I Iff j^idl IS B^B W, t V 9 BW^^^jagk- P^-/^ X:-Jr imTmi'S' C k I [Iff Where legendary hospitality is an everyday affair. EMBASSYOF SHANCRILA V 9 HOTEL i ijfirfr.^^^^S. I 1,-~I )Hffl^®Br SINGAPORE ORCHARD PALAIS439 words
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Advertisement15 2008-04-08 37 This is the second of a four-part series brought to you by City Developments Limited15 words
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