The Business Times, 21 April 2008

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Microfilm: NL28888
Total Pages: 29
1 29 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 Monday, April 21,2008
    22 words
  • Article, Illustration
    Lock icon Leng Beng breaks the mould with business budget hotel
    666 1  -  KALPANA RASHIWALA No frills property at Mohamed Sultan Rd offers high-tech facilities By [SINGAPORE] A "business budget hotel" may sound like a contradiction in terms. But hotel and property tycoon Kwek Leng Beng is finalising just such a concept and it's
    666 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      51 1 IT Index 3,124.87 -2.00 1COMP 1,267.65 +20.86 IIKKEI225 13,476.45 +152.72 IANG SENG 24,197.78 -470.01 ;et index 845.40 +18.30 JAKARTA COM P 2,349.27 +45.34 1ANILACOMP 2,915.67 -25.31 ;eoulcomp 1,771.90 -7.81 ;henzhen b 506.13 -52.65 IUMBAI IND 16,481.20 +673.56 )OW 12,849.36 +523.94 IASDAQ 2,402.97 +112.73 ;&P 500 1,390.33 +57.50 =TSE 6,056.50
      51 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.861 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.25 CANADA 5.25 SWITZERLAND 3.75 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ ier US$) 1.351 (US$/S$ per 1.998 2.698 ;uro(us: i/S: '>M 1.596 2.155 'EN 102.50 75.90 3.141 2.325 7.793 5.769 !AHT 31.43 23.27 lUPIAH 9,190 6,803 1ENMINBI 6.996 5.179 INDIAN RUPEE 39.81 29.47 1.065 0.788 1.262 0.934
      39 words
  • Article, Illustration
    Lock icon S'pore enterprises find banking sweet spot
    883 1  -  SIOW LI SEN Business is booming for most and, unlike before, bank support is right behind them By [SINGAPORE] The world may be bracing for a slowdown, not to mention the uncertainty ahead, but Singapore's small and medium enterprises (SMEs) have never had it
    883 words
  • Page 1 Advertisements
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      3 1 8 *****1 *****4
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      82 1 CORPORATE INVESTMENT BANKING ASSET MANAGEMENT PRIVATE WEALTH MANAGEMENT PRIVATE BUSINESS CLIENTS I At the centre of Asia's markets, At the leading edge. a Passion to Perform. Deutsche Bank For more information: www.db.com. This advertisement has been approved and/or communicated by Deutsche Bank AG and appears as a matter of record
      82 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      51 1 ,fITf BizlT BEIJING AUTO SHOW "a^HI DINING OUT |||811 Bullish 3Com to ramp up Carmakers forecast another Uj9| Taste, not glamour, matters: t^R^ iW Singapore operations boom year in China |i j Capitol Optical boss HT M| PAGE 30 PAGE 18 WV&* PAGE 11 5* ISSffi Coping with rising food
      51 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Jade Tech explains why its chairman quit
      552 2  -  CHEW XIANG Board does not think Beazer's resignation will be detrimental to the company By [SINGAPORE] Jade Technologies chairman Brian Beazer quit last Thursday because of a disagreement connected to the sale of a Jade subsidiary to United Pacific Industries (UPI), a Hong
      AP  -  552 words
    • Article, Illustration
      Lock icon Major liquidity injection to ease UK crunch
      809 2 -AFP, Reuters Central bank due to unveil plan today, speculated at £50b [LONDON] The Bank of England will unveil today a plan to swap government bonds for commercial banks' mortgage debt speculated to be worth £50 billion in an effort to unblock the
      -AFP, Reuters  -  809 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Gulf Arabs stop buying foreign assets for now
        86 2 GULF Arab exporters awash with cash from record oil income have put the brakes on foreign asset buys as the global credit crisis promises more bargains later and the political spotlight falls on how they invest. Economists say the battle against domestic
        86 words
      • Article
        Lock icon Corporate finance deals in Q1 double to USs26b
        83 2 NOTWITHSTANDING market talk of doom and gloom, corporate finance deals struck in Singapore soared in value in the first quarter this year though the number was reduced compared with a year ago. According to Thomson Reuters, Singapore was host to 142 corporate
        83 words
      • Article
        Lock icon Share buyback offer genuine: Japan Asia Holdings
        95 2 REBUTTING doubts over its share buyback offer, Japan Asia Holdings said its proposal to buy back its own shares held by International Capital Investment Ltd is "genuine and not improper". JAH said this in a letter dated April 17 to ICIL majority shareholder
        95 words
      • Article
        Lock icon Bio-Treat hit with notice of default on bonds
        86 2 IN A major disclosure relating to its convertible bonds programme, Bio-Treat Technology said it had received a notice of default from the investment banking arm of Merrill Lynch saying the bonds it holds are immediately due and payable. This underlines market fears
        86 words
      • Article
        Lock icon Brokers' hedge fund exposure a whopping US$1.4t: OECD
        97 2 THE Organisation for Economic Cooperation and Development estimates that investment banks' exposure to hedge funds is a staggering US$l.4 trillion. The OECD said in a paper: "While prime brokers do not lend to households and businesses in the same way as commercial
        97 words
      • Article
        Lock icon Inflation is Chinese economy's No 1 risk: central banker
        74 2 CHINA needs to remain vigilant about inflationary pressures spreading from food to other products, despite a dip in overall consumer price rises in March, an assistant central bank governor said yesterday. Dv Jinfu said: "The continuously elevated inflation is the No
        74 words
      • Article
        Lock icon Further money tightening in India will halt growth: analysts
        80 2 INDIA'S battle against spiralling inflation is not over yet, but more monetary tightening could put the brakes on growth in Asia's third-largest economy, analysts have warned. Late last week, the central bank told commercial banks to hike cash reserves to suck
        80 words
      • Article
        Lock icon Shareholders fear Citi may have to sell assets
        100 2 CITIGROUP shareholders, cheered by a US$5.l billion first-quarter loss that wasn't as big as some analysts had forecast, face growing concern that the bank may have to sell assets, reduce the dividend and attract outside investment to bolster capital. Citigroup's so-called Tier
        100 words
    • Article
      Lock icon Gulf Arabs stop buying foreign assets – for now
      657 2 Gulf Arabs stop buying foreign assets for now Reuters Global credit crisis promises more bargains later [DUBAI/ROME] Gulf Arab exporters awash with cash from record oil income have put the brakes on foreign asset buys as the global credit crisis promises more bargains later and the political spotlight falls on
      – Reuters  -  657 words
  • Page 2 Advertisements
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      133 2 LUXURY TOURS TRAVEL PTE LTD /^rtffPllP|l^\ The Leading Operator («m«mUe!v) Established since 1985 100 Orchard Rd, #02-46 Meridien Shopping Centre Exclusive Coach Singapore *****0 Email: luxtur©singnet.com.sg Subsidiary, luxury COACH service Website: www.luxury.com.sg Member of NATAS 40 coaches available for charter Singapore Malaysia fitters ft ■la ~~~t^B I;n;!l! .^fl W 'pa
      133 words
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  • COMPANY NEWS
    • Article
      Lock icon Corporate finance deals in Q1 double to US$26b
      530 3  -  EMILYN YAP But risk aversion in debt capital market leads to 34% drop in value to USsl.6b By NOTWITHSTANDING market talk of doom and gloom, corporate finance deals struck in Singapore soared in value in the first quarter this year though the
      530 words
    • Article
      Lock icon Dates of release
      178 3 irs >uari :er larcl 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Keppel T&T K-Reit Aztech Systems CapitaMall Trust S'pore Petroleum Co. UIS Ascott Resident Trust FSL Trust Keppel Land Osim
      178 words
    • Article
      Lock icon Company's share price needs managing
      678 3  -  R SIVANITHY MOST people would agree that senior management must take some responsibility if a company's shares persistently underperform the rest of the market. For example, a reader last week wrote in to point out quite reasonably that companies whose shares have been stagnant at
      678 words
    • Article
      Lock icon Bio-Treat hit with notice of default on bonds
      416 5  -  LYNETTE KHOO By IN A major disclosure relating to its convertible bonds (CB) programme, Bio-Treat Technology said it had received a notice of default from the investment banking arm of Merrill Lynch saying the bonds it holds are immediately due and payable.
      416 words
    • Article, Illustration
      Lock icon St Regis a milestone: Minister Mah
      147 5  -  Arthur Lee NATIONAL Development Minister Mah Bow Tan last night commended owners of the St Regis Hotel for bringing this fine name in hospitality to Singapore. "The opening of St Regis reflects your confidence in the tourism industry here," he told some 500 guests
      ARTHUR LEE  -  147 words
    • Article
      Lock icon Share buyback offer genuine: JAH
      704 5  -  LYNETTE KHOO By REBUTTING doubts over its share buyback offer, Japan Asia Holdings (JAH) said its proposal to buy back its own shares held by International Capital Investment Ltd (ICIL) is "genuine and not improper". JAH said this in a letter dated April 17 to
      704 words
  • Page 3 Advertisements
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      199 3 iff ill Ir-^fli'^-'lr It r "*^^i I^^-~ "In my opinion, it's the ability to bring together a range of diverse elements to create an outstanding driving experience." Bernd Pletschen, Head Acoustician at Mercedes-Benz The satisfying "clunk" of the car door as it closes. The understated "tick" of the indicators. The
      199 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Best way to play the bounce is via the index
      688 4  -  R SIVANITHY STOCKS IN Friday's column, it was noted that trading the Straits Times Index (STI) either via exposure to its largest and most liquid counters, or its associated structured warrants is probably the best way to play the present
      688 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      2291 4 Legends US$; Rmb; HKS; A) AS; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (ac) Cash/Bonus; (ag) Dividend/Distribition; (ah) Final; (ai) To be announced; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (am) First and Final Tax Exempt; (an) First and Final Tax
      2,291 words
    • Article
      Lock icon Asian units mixed against greenback
      187 4 -AFP CURRENCIES [HONG KONG] Key Asian currencies ended last week mixed against the US dollar following US earnings reports in line with expectations. Japanese yen: The yen fell back against the dollar as quarterly earnings reports by US financial institutions during the week came with-
      -AFP  -  187 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1819 4 Source: Reuters Lonsensus no. ot i-orecasi mean i-n s recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name \dvance SCT 2.50 2.50 2 7.15 4.13 0.50 0.33 Jlco Comm REIT 2.25 1.75 5.74 14.37 1.10 0.83 I' ireen Pro Jes 2.10
      1,819 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      57 4 Apr 18 VALUE CLOSE -145.00 -36.00 BT OB/OS BT CADI -*****.00 -37.00 BT 10-day MA -*****.00 -14.00 FTSE ST Mid Cap 786.34 -4.17 FTSE ST Small Cap 649.29 -0.32 FTSE ST All Share 794.29 -1.11 FTSE ST China 445.40 -3.10 UOB Catalist 144.93 -0.24 SiMSCI 388.91 -0.58
      57 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      65 4 VOLUME UniFiber 185,919,000 Golden A< iri 171,885,000 Jade Tech 154,670,000 Cosco Cor| 138,769,001 ChinaEnen 122,685,001 Yam iziii jia 110,380,001 >in< |TelMBLeCW*****3 98,944,001 >\n< jTel 98,775,001 China Honi jxini 97,474,000 Sini |Tel MEReCW*****8 91,854,001 VALUE($) Cor| 524,095,413 iBS Gn 465,810,231 Cosco Con 415,527,381 Sin; jTel 383,438,100 SGX 348,533,230
      65 words
    • Article
      Lock icon RISES
      108 4 BY CENTS CLOSE UP 4800 3562.5 287.9 BMT GLD 10US$ 9335 260.6 2.1 JMH 3080 189.0 4.8 JSH 1706 102.6 4.7 Kej Cor| 1150 100.0 9.5 Venture Con 1130 80.0 7.6 SPC 801 77.0 10.6 Kej MBLJCW*****0 358 75.0 26.5 DBS Bk6% NCPS 10 ***** 60.0 0.5 SembMar 399
      108 words
    • Article
      Lock icon FALLS
      117 4 Closing prices are in trading currencies, but absolute difference is in Ss. China H 10US$ BY CENTS CLOSE DOWN 1625-120.2 -5.2 DBS Gr| 1914 -52.0 -2.' S I A 1536 -34.0 -2.2 STI 3350 DBePW*****2 53.5 -31.5 -37.1 Yanlord 229 -31.0 -11.9 UOB 2050 -30.0 -1.4 SGX 800 -28.0
      117 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      86 4 Apr 18 CLOSE CHNG FR Apr 17 YR2008 S$ LOW S$ HIGH USS 1.3511 -0.05 1.4542 1.3487® Euro 2.1496 0.31 2.2064 2.0474 Pounds 2.6969 -0.96 2.8431 2.6583 AS 1.2679 0.01 1.3235 1.2349 Yen* 1.3169 0.54 1.4484 1.2832 Rill liah* 0.***** -0.05 0.***** 0.***** Baht* 4.2974 0.04
      86 words
    • Article, Illustration
      Lock icon Purchases remain high, sales fall
      1349 6 INSIDE MARKETS But institutional shareholders record fourth consecutive week of net sales, writes ROBERT HALILI PURCHASES made by directors and substantial shareholders remained high last week, while sales fell, based on filings on the Singapore Exchange from April 14 to 18. Thir-ty-six companies recorded 122
      1,349 words
    • Article
      Lock icon STOCKS ASIA
      2766 6 Transaction date: Apr 18 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing
      2,766 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      124 6 Stock name Close Change Cai i Land 6.740 +0.11 Cai iMall 3.450 -0.150 Citi 11.920 +0.08I Cosco Cor| 3.020 +0.04I DBS Gr| 19.140 -0.040 FSN 4.840 +0.050 Gent Intl 0.590 -0.005 HKLand 4.340 -0.030 JSH 17.060 +0.060 Jardine C&C 17.440 -0.340 tocl name lose lange il
      124 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      106 6 Up Down Unch Up Down Undi Up Down Unch Multi Ind 9 5 4 0 0 0 9 5 4 Manufacturing 86 99 56 10 14 16 96 113 72 Commerce 26 28 27 10 35 34 37 ir/G ims 12 19 10 14 20 Finance 19
      106 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 6 TURNOVER MAIN SDQ '000) TOTAL MAIN VALUE SDQ '000) TOTAL Multi Ind 165,174 165,174 749,456 749,456 Manufacturini 1,510,436 267,784 1,778,220 1,452,067 23,181 1,475,248 Commerce 189,776 14,047 203,823 329,319 2,306 331,625 Tpt/Stor/Comms 440,987 1,640 442,627 1,204,901 441 1,205,342 Finance 165,713 74 165,787 1,480,040 1,480,049 Construction 257,336 50,496 307,832
      123 words
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  • Page 5 Advertisements
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      22 5 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. H
      22 words
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      10 5 TO THEBEST MPSICJtN Hi^ INMBNIIIBIt WOP* MONDIT TILL FRIDAY WWWRADIO9I3.COM
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      Lock icon Page 5 Advertisements Column 3
      44 5 BECAUSE LIFE IS PERFEC^V W lYoduceci Ity In. I'artnttrxhip with :;.),V; .S/jniLSdi OJprinl Hotel Lifestyle Sponsors Marketing Partners 0000 E213Z3 gT s denfse %aA& philips xtra -AUDI ta/l*lHilnii*»-pn«*ln .p,,™,, OfflCtal rV Partner Official M^di/i ftytwre aSce/ BCftfiNG Boating LIVING t* LF> BEBBI E^9 WEIFE
      44 words
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  • Page 6 Advertisements
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon How to be a good lawyer and still have a life
      744 7  -  CHEN HUIFEN Tan Peng Chin LLC embraces a 'familyfriendly culture' and is thriving on it By THE limited size of the domestic market is driving a number of law firms to set up branches overseas. But local law firm
      744 words
    • Article, Illustration
      Lock icon Sea View condo comes with a piece of local history
      281 7  -  VINCENT WEE By RESIDENTS of Wheelock Properties' new The Sea View condominium will be able to take pride in the fact that they have a classic piece of Singapore's history in their estate. Conservation work on the stately Neo-classical style
      : WHEELOCK PROPERTIES  -  281 words
  • Page 7 Advertisements
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      128 7 B SHE APPRECIATES THE ATTENTION. This Secretaries' Week, say thank you with a gourmet Mediterranean dining experience at Olive Tree restaurant, topped off with an inviting spread of sweet delights from our dessert buffet. Your secretary will also receive a gift set from L'Occitane and the chance to stay at
      128 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon REACH OUT
      3907 8  -  Sam Yap S G THIS WEEK'S TOPIC What more needs to be done to keep prices, particularly of staples like food, at a reasonable level? What can be done to help Singaporeans, especially those in the lower income groups, cope with rising prices? Group Executive Chairman Cherie Hearts
      3,907 words
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  • Page 9 Advertisements
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      36 9 The #1 Golf Publication kwaychap I t I closeinc TRAV£L •ci n ™Es™^ I %J SINGAPORE FREE BOTTLE OF KENZO AIR COLOGNE Local information, local content. Find whatever you're M looking for in Singapore. FIND MORE
      36 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Want to feast on Pebeyre truffles?
      427 10  -  WEE JUN KAI WORLD GOURMET SUMMIT By TRUFFLE gourmets here have reason to cheer as well-known truffle expert Pierre-Jean Pebeyre showcases his wares tomorrow for the World Gourmet Summit. The Pebeyre Truffle dinner features a sixcourse truffle blitz presented by the executive sous chef
      PETER KNIPP HOLDINGS  -  427 words
    • Article, Illustration
      Lock icon Unique taste of Penang
      636 10  -  Cheah Ui-Hoon PROMOTION Penang-Hakka Food Galore Chatterbox, Level 38/39, Meritus Mandarin Singapore Tel: 6831-6291 From April 21 to May 4 THERE are two reasons to check out lunch or dinner at Chatterbox, but they both have nothing to do with the famous chicken rice. One is
      MERITUS MANDARIN  -  636 words
  • Page 10 Advertisements
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      3041 10 m^ ■{ESP IN THE MATTER OF I **U r&\ ENG KONG HOLDINGS LIMITED 50 com^aS^ca™^ U^ t7=Tr^ Company Reg,slral,on No *****7478G B.M. TECHNOLOGY PTE LTD AKID CjLy (Incorporated in the Republic of Singapore) Company Registration No. *****3808 D AND lIICC UIID Urn niM<^C I Til (IN MEMBERSmUNTARY LIQUIDATION) IN THE
      3,041 words
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  • dining OUT with citibank
    • Article, Illustration
      Lock icon The taste counts, not glamour
      880 11  -  JAIME EE POWER Lunch By GIVEN that Francis Wong uses his mother's cooking as a benchmark for quality when he goes out to eat, you know that the managing director of Capitol Optical is one pampered foodie. Add to that the fact that his brother
      ARTHUR LEE  -  880 words
    • Article, Illustration
      Lock icon Traditional Thai with Aussie edge
      618 11  -  Jaime Ec NEW RESTAURANT KHA 33 Hyderabad Road, #02-02, Tel: 6476-9000 (Open for dinner only. Open for lunch from May 6) SINGAPORE'S HortPark may not have the same exotica as, say, the banks of the Chao Phraya River, but at least it doesn't have the
      618 words
  • Page 11 Advertisements
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      19 11 Brought to you by citibank feSji JW® Your Citibank guide t0 gourmet pleasures this week £IXIU 9 Pi X
      19 words
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      Lock icon Page 11 Advertisements Column 2
      215 11 Feast on all things Italian as Citibank brings you exclusive dining deals at the best restaurants in town. Al Forno Trattoria 1-for-1 Set Dinner Goldhill Centre Tel: 6256 2838 Cugini Restaurant and Lounge Bar 15% off total bill Robertson Walk Tel: 6836 9541 Dolce Vita 15% off total food bill
      215 words
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  • BT-CITIBANDK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Believing in faith-based finance
      923 12 SERENE CHEONG explores the concepts, merits and challenges of Islamic banking AS the US sub-prime credit turmoil unfolded and the banking sector paid the price for careless lending, another financial system was expanding at an unprecedented annual rate of 15 per cent in the past three
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    • Article, Illustration
      Lock icon Team Morning's crowning Glory
      913 12 CAMPUS LIFE HEC Montreal students' group tells lAN POH how it won NUS's business plan competition Cerebration 2008 FOR the proponents of competitive visualisation techniques, here's a case study to consider: Rani Salman, 27, wakes up awash with the sounds of success. It is an unearthly
      ARTHUR LEE  -  913 words
    • Article
      Lock icon Be smart with your finances
      158 12 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      158 words
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      46 12 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • ECONOMY WATCH
    • Article
      Lock icon Brokers' hedge fund exposure seen at US$1.4t
      472 13  -  NEIL BEHRMANN OECD estimate includes loans of securities, repos, derivatives deals By in London THE Organisation For Economic Cooperation and Development (OECD) estimates that investment banks' exposure to hedge funds totals a staggering US$l.4 trillion. Investment bank prime broker divisions' total exposure to
      472 words
    • Article, Illustration
      Lock icon Fed may pause rate cuts as inflation quickens
      632 13 -Bloomberg [NEW YORK] Federal Reserve policy makers, sensing both renewed inflation dangers and a possible economic boost from government rebate cheque, may be nearing a pause in inter-est-rate cuts after the fastest reductions in two decades. In remarks last week, Fed governor
      -Bloomberg; BLOOMBERG  -  632 words
    • Article
      Lock icon Venture capital investments shrink
      199 13 Reuters [SAN FRANCISCO] Investments in start-ups fell 5 per cent to US$7.l billion during the first three months of 2008 compared to the year-ago quarter, signalling that venture capitalists invested US$7.5 billion in last year's first quarter, according to a report. The report released on Saturday
      – Reuters  -  199 words
    • Article
      Lock icon Japan's plan to beef up finance services sector due out in May
      698 13  -  ANTHONY ROWLEY Stronger flows of investments with Asia could follow By in Tokyo THE second stage of Japan's "master plan" for strengthening the nation's lagging financial services sector and deploying its vast savings more effectively will be published
      698 words
    • Article
      Lock icon Nancy Pelosi moots a federal infrastructure bank
      468 13 Reuters [NEW YORK] A top Democrat in the US Congress has raised the possibility of creating a federal infrastructure bank to help pay for an array of projects and that also could create jobs and improve the environment. The new debt-selling bank would
      – Reuters  -  468 words
  • Page 13 Advertisements
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      126 13 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS notices HI If you are in any of these situations: You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't
      126 words
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      Lock icon Page 13 Advertisements Column 2
      62 13 SINGAPORE HsrdwareZpne PRICE GUIDES www.hardwareione.ceimE) handy Mobile-Phone Price Guide is alt you need. With a click of your mouse, even details like Operator Contracts and Phone Plans will be at your fingertips. So log in now for the best Mobite-Phone Prices! tmrnm 'd "No SGD76BQO MHJM -'Cam) SGD9BB,OO f Eaj
      62 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Abdullah finally on reform track
      596 14  -  S JAYASANKARAN MALAYSIA INSIGHT But one hopes he doesn't go the way of Soviet Union's Mikhail Gorbachev PRIME Minister Abdullah Ahmad Badawi has begun to do the right things. But his party, the United Malays National Organisation (Umno), does not seem to appreciate this, with
      596 words
    • Article, Illustration
      Lock icon New BI chief has to deal with inflation, graft scandal
      527 14 Budiono widely regarded as a safe pair of hands [JAKARTA] Indonesia's chief finance minister will face the twin challenges of soaring inflation and a massive corruption scandal when he takes over as head of the central bank next month, analysts
      527 words
    • Article
      Lock icon KL may allow Anwar's party to start a newspaper
      445 14 -AP [KUALA LUMPUR] The Malaysian government plans to give Opposition leader Anwar Ibrahim's political party a permit to start its own newspaper as part of reforms to allow more press freedom, according to news reports yesterday. The Star daily quoted Home
      -AP  -  445 words
    • Article, Illustration
      Lock icon Tight security for IVTsia Olympic torch relay
      474 14 AP [KUALA LUMPUR] Malaysia prepared a massive security cordon to protect the Olympic torch relay against anti-China protests as it called yesterday for the Beijing Games to remain free of politics. The Olympic flame, stored in a special container, arrived in Malaysia from
      AP  -  474 words
    • Article
      Lock icon Kuwait's Int'l Leasing to buy Aceh bank
      170 14 Reuters [KUWAIT] Kuwait's International Leasing Investment Co said it has completed talks about buying a government bank in the Indonesian province of Aceh and developing US$5 billion of infrastructure projects. Aceh, a province at the top of the island of Sumatra, bore the
      – Reuters  -  170 words
    • Article
      Lock icon Sampoerna to acquire Dipo stake
      158 14 Bloomberg [JAKARTA] Michael Sampoerna of the billionaire Sampoerna family plans to buy a controlling stake in Indonesian lender PT Bank Dipo Internasional. Mr Sampoerna will buy the stake in Bank Dipo together with his company Orient Distributors Network Pte, the lender said in a statement
      – Bloomberg  -  158 words
  • Page 14 Advertisements
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      271 14 f/gfcfe DISCOVER SECRETS HOW ORDINARY PEOPLE I J r>> w) .™Jll!!.!^^ trade^enterprTse^ \p\\ Anybody can earn $10,000 Monthly Easily when you discover our PROVEN TRADE SECRETS! EXDreSSiOII of Interest (EOI) m iTIiM PI fc No need to quit your job. MONEY BACK GUARANTEE* to make sure you succeed. c" i
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Quincy Jones says he will stick to Beijing Olympics
      291 15 LAT-WP [LOS ANGELES] Whatever anyone else decides, Quincy Jones said he will participate in the Beijing Olympics. The music legend has been under increasing pressure to withdraw as an artistic adviser to the Games because of China's close ties with the
      LAT-WP; AP  -  291 words
    • Article
      Lock icon China urges calm as anti-French protests spread
      607 15 -AP BEIJING 2008 Angry citizens told to express their patriotic enthusiasm calmly and rationally [BEIJING] China urged its citizens to be "calm" and "rational" as nationalistic protests against French supermarket Carrefour spread yesterday to more cities across the country. The official Xinhua news
      -AP  -  607 words
    • Article
      Lock icon US businessman sues over Beijing basketball arena
      376 15 Reuters He's claiming rights to proceeds from the Olympic complex [BEIJING] A lone US entrepreneur is taking on the Goliath of Chinese big business in a pre-Olympics contest, claiming his rights to proceeds possibly worth millions from the state-of-the-art Olympic basketball arena complex.
      – Reuters  -  376 words
    • Article, Illustration
      Lock icon Dying oil town in China a warning to Beijing
      596 15 -Reuters Abandoned 'resource towns' becoming tinderboxes of unrest [YUMEN, China] Dying towns are rare in booming China, but the expanses of rubble and abandoned homes that ring the oncewealthy oil centre of Yumen mark it out as one of them. And
      -Reuters; REUTERS  -  596 words
    • Article, Illustration
      Lock icon Automakers rev up in China as Western markets wobble
      610 17 Reuters [BEIJING] Automobile industry executives at Beijing's bi-annual auto show have forecast another boom year in China in 2008, with sales in the world's No 2 car market rising and production ramping up to take advantage of lower costs. Global automakers
      ' – Reuters; AP  -  610 words
    • Article
      Lock icon Prevent spread of inflation, urges official
      451 17 Reuters Nation asked to remain vigilant about possibility of price surges expanding to non-food items [BEIJING] China needs to remain vigilant about inflationary pressures spreading from food to other products, despite a dip in overall consumer price rises in March, an assistant central bank
      – Reuters  -  451 words
    • Article
      Lock icon Google to add staff, promote products in China
      349 17 Reuters [BEVERLY HILLS, California] Google Inc, the world's Internet services leader, plans to boost hiring in China by one-third this year and increase promotional spending to win market share, according to a senior company executive. Lee Kai-Fu, Google's president for Greater China,
      – Reuters  -  349 words
    • Article
      Lock icon Billionaire splurges US$500,000 on wine
      369 17 Reuters He shells out record price for 27 bottles of Romance Conti [LONDON] While the global credit crunch has forced many consumers to rein in spending, one Bei-jing-based billionaire has splashed out a record US$5OO,OOO on 27 bottles of red wine, London-based Antique Wine Company
      – Reuters  -  369 words
  • Page 15 Advertisements
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      810 15 Lianhe Zaobao I ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. in the matter of the in the matter of It is unsurpassed support starting from a listening ear, to understanding your COMPANIES Aa(CAP.SO) THE COMPANIES ACT (CHAPTER 50) and in the matter of and needs,
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  • Page 16 Advertisements
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      141 16 I -v\ v if' //¥fe r*//v /wii *****! '^A j_ If* '>r I I! H' 1 1 i' i P-T' s--^~''" .-.^^^^-^ijj^^^m^^^imii i^\ _^^ri^3S HB ,'flßi iflM '~"~i^-^* VA^'-^Hv J T1 -flßfl J^BT '^ii SBBV j^Hf B^H^H^HJ Bbß^^^^VJ THE ST. REGIS SINGAPORE CELEBRATES ITS GRAND OPENING OVER A CENTURY OF
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      1817 17 SING INVESTMENTS FINANCE LIMITED Z^t£\ AND TS SUBSIDIARY COMPANY V Incorporated in Singapore. Registration Number: *****0348 D important B n AR n OF DIRECTORS The financial information as set out below contain only a summary of the information in the financial statements of Sing Investments Finance Limited and the consolidated
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      18 17 CHARTING DIRECTIONS Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
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  • INDIA
    • Article
      Lock icon Further money tightening will halt growth: analysts
      496 18 AFP Economists see RBI taking more steps to curb inflation at its next annual meeting [NEW DELHI] India's battle against spiralling inflation is not over yet, but more monetary tightening could put the brakes on growth in Asia's third-largest economy, analysts have warned.
      AFP  -  496 words
    • Article
      Lock icon Gary Lineker backs plans for Gandhi statue in UK
      250 18 -AFP [LONDON] Plans for a statue of Mahatma Gandhi in the British city of Leicester have got the backing of local football hero Gary Lineker whom many wanted on the plinth instead. Keith Vaz, the member of Parliament for Leicester East,
      -AFP  -  250 words
    • Article, Illustration
      Lock icon M&S joins Reliance to open stores in India
      344 18 Bloomberg [LONDON] Marks Spencer Group Pic, the UK's largest clothing retailer, has formed a joint venture with India's biggest company that will open at least 50 stores in the Asian country over the next five years. Reliance Industries Ltd's retail unit will
      – Bloomberg; AFP FILE PHOTO  -  344 words
  • Page 18 Advertisements
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      320 18 LUAUKY r A WEEK-LONG AFFAIR M Rl Global Kitchen introduces gastronomic highlights for culinary pleasure throughout the week '*9&i I 1-for-1 Set Lunch Chardonnay Thursdays Enjoy a delectable weekday set lunch ($38 and your partner enjoys Cloudy Bay Chardonnay 2005 at 10 a glass or $48 a bottle with I^J
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Oil firms need to rethink business model: Eni CEO
      621 19 -AP, Bloomberg, Reuters Their profitability is decreasing as governments' share of takings increases [ROME] International oil companies need to "profoundly rethink their business model in order to survive and prosper", a top oil executive said. The share of profits taken by
      -AP, Bloomberg, Reuters  -  621 words
    • Article, Illustration
      Lock icon Restructure aid to boost agriculture: UN agency
      586 19 Reuters [ACCßA, Ghana] A UN agency has called for increased aid for agriculture and the abolition of rich-nation subsidies to find a long-term solution to rising world food prices. The head of the UN Conference on Trade and Development said on Saturday that
      Reuters; BLOOMBERG FILE PHOTO  -  586 words
    • Article
      Lock icon China Devt Bank head to join Barclays board: paper
      125 19 ■Reuters [LONDON] The governor of China's state-owned China Development Bank, Chen Yuan, could join the board of Britain's Barclays as early as this week, the Sunday Telegraph reported. The paper, quoting people close to the British lender, said Mr Chen's arrival
      ■Reuters  -  125 words
    • Article
      Lock icon PRIME LENDING RATES
      398 19 Apr 18 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank
      398 words
    • Article, Illustration
      Lock icon The grim plight of Bear's might-have-beens
      551 19 -NYT Students offered bank positions find job offers rescinded NEW YORK] Thousands of people are losing their jobs on Wall Street some before their first day of work. They polished resumes, they sweated interviews, they landed dream jobs. But now, a small group of
      -NYT; AFP  -  551 words
    • Article
      Lock icon Hynix may cut H2 spending by up to 1t won
      404 19 Bloomberg [SEOUL] Hynix Semiconductor is considering cutting spending in the second half of this year by as much as one trillion won (Ssl.3 billion) because of lower prices. "We expect a recovery in the second half," Kirn Jong Kap, chief
      – Bloomberg  -  404 words
    • Article
      Lock icon No sign of an end to UBS crisis: former CEO Arnold
      422 19 Reuters [GENEVA] Swiss bank ÜBS is showing no signs of emerging from its crisis, activist shareholder and former CEO Luqman Arnold said yesterday. "I still cannot see any light at the end of the tunnel for ÜBS," Mr Arnold
      – Reuters  -  422 words
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  • WORLD
    • Article
      Lock icon Shareholders fear Citi may have to sell assets
      670 20 Bloomberg Need to bolster capital may arise after the group's Tier 1 capital ratio fell to 7.7% at end-March [NEW YORK] Citigroup shareholders, cheered by a US$5.l billion first-quarter loss that wasn't as big as some analysts had forecast, face growing concern
      Bloomberg  -  670 words
    • Article
      Lock icon Risk-takers hungry for some action again
      635 20 -LAT-WP [NEW YORK] US stocks zoomed last week, with blue-chip indexes reaching their highest levels since at least Feb 1. And investors' renewed hunt for opportunities has extended well beyond Wall Street this spring. Foreign stocks are attracting buyers again. So are corporate junk
      -LAT-WP  -  635 words
    • Article, Illustration
      Lock icon US firms ride weak dollar to boost profits overseas
      643 20 -AP [NEW YORK] The dollar's plunge might be preventing Americans from taking that European vacation this summer, but it could be the very thing saving their retirement accounts from buckling. Some of the biggest US corporate powerhouses across all industries have
      -AP  -  643 words
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      421 20 LUAUI^I B^^^^^^ I I L,J Reply Reply to all Forward |)C ~f~ Close From: Group All Managers Sent: Monday, April 21, 2008 09:00 AM To: Group All Secretaries Have you been seen at Oscar's lately? subject: trading places! Attachments: Delicious_Offerings.jpg, Door_Gifts.jpg, Sponsors.jpg 4 Make a scene. Make the scene. Step
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Mass flight groundings prompt FAA overhaul
      710 21 LAT-WP Move is meant to improve oversight of airlines' compliance with safety orders [WASHINGTON] The United States' top transportation official on Friday announced steps that she said will improve oversight of airlines' compliance with safety mandates and ensure that last week's mass groundings and
      LAT-WP; AFP  -  710 words
    • Article, Illustration
      Lock icon Dalian Port profit down 3.3% at 611m yuan
      274 21 Bloomberg [DALlAN] Dalian Port, operator of China's largest crude-oil terminal, has posted a full-year profit drop of 3.3 per cent on lower interest income. Net income fell to 611 million yuan (SsllB million), or 0.21 yuan a share, from 632 million yuan,
      – Bloomberg; FILE PHOTO  -  274 words
    • Article
      Lock icon French port workers strike continues
      110 21 [MARSEILLE] French port workers dug in on Saturday as unions extended strike action at the country's biggest cargo terminals in Marseille, Le Havre, Nantes and Rouen into this week. Action against government plans to outsource part of the heavy machinery operations under an overhaul of
      AFP  -  110 words
    • Article
      Lock icon lata: speed up approval of Delta-Northwest deal
      308 21 Reuters [GENEVA] The global airline industry is fragmented and suffers from over-ca-pacity, the head of the industry association lata said on Saturday, urging speedy approval of a proposed takeover of Northwest Airlines by rival Delta Air Lines. Giovanni Bisignani, di-rector-general of the International
      – Reuters  -  308 words
    • Article
      Lock icon GE to clear papers it failed to file
      178 21 Bloomberg [WASHINGTON] General Electric (GE), the world's biggest maker of jet engines, said that it failed to file US Federal Aviation Administration (FAA) paperwork for parts on as many as 50 engines and is working with the agency to clear the problem.
      ■ Bloomberg  -  178 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        118 21 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks Jaya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mar. Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.61 0.36 3.02 0 80 2 18
        118 words
      • Article
        Lock icon KLSE
        33 21 '000 nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd 0.83 9.05 9.05 4.40 3.30 unch unch 0.25 0.35 unch unch unch 140 61 809 1001 225 0
        33 words
      • Article
        Lock icon BANGKOK
        12 21 '00 'recious Ship Regional Cont 24.30 24.00 0.10 unch 95: 6(
        12 words
      • Article
        Lock icon HONGKONG
        11 21 '000 Doil iingamas Cont 42.50 2.21 1.15 0.02 iso: 136.
        11 words
      • Article
        Lock icon PHILIPPINES
        22 21 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 31.50 2.50 unch unch -0.50 unch unch 22 131 361 0
        22 words
      • Article
        Lock icon TAIPEI
        21 21 Evergreen Marine ...29.80 :irst Steamship 79.00 /Van Hai Lines 27.70 r'ang Ming Marine...24.35 -0.20 0.40 -0.30 0.05 S. li V
        21 words
      • Article
        Lock icon TOKYO
        39 21 '000 Cawasaki Hvy Ind ..247.00 1.00 ***** Cawasaki Kisen ....1067.00 69.00 ***** Mitsubishi Hvy 463.00 4.00 ***** Vlitsui Eng&Sbldg...334.00 5.00 ***** Vlitsui Osk Lines ...1338.00 45.00 ***** Mippon Express 599.00 13.00 2689 MipponYusen 987.00 25.00 7005 iource: Reuters
        39 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2418 21 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,418 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      281 21 CRYPTIC CROSSWORD ACROSS 7 Blissful activity embracing —^_r—^_-r—^ht —^H~—^H 8 Regret being in empty gaol 10 It's a bit of a nerve! (6) WM WM WM WM BB^BB BB BB 11 This chap's sound camou- 12 From America, woman is cv- H HI erywhere (6) BB__B^H^^H__BB__BB__BB 14 Inspiration about to
      281 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9086 22 Week ended: Apr 18 »-wks Tel Low Code Last Sale Vol ('000) Hii reek L Low Bu; Quote Seller Div C'vr Net P/E I Cap $mil Hii Com| 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30 12
      9,086 words
    • Article
      Lock icon SGX XTRANET
      81 22 52-Wk Tel High Low Code Last Sale Vol COOP) Week ill Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _Hm 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech US200xd US6200 250 70 1000 1000 6097 IS MSCI Spore ***** *****
      81 words
    • Article
      Lock icon SGX CATALIST
      2115 22 52-Wk Tel High Low Code Last Sale Vol fOOO] Week Last Quote Div GrYld Net MCap |h Low Buyer Seller Cvr P/E Smil Comi >an' Hii 30 11.5 1181 s AAGrp 41.5 16 5000 sABRHIdgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5
      2,115 words
    • Article
      Lock icon CLOB INTERNATIONAL
      254 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      254 words
  • Page 22 Advertisements
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      43 22 I liHljS^JKJiiiiHiif' Jk^UkL aSijt^^iaJß-- IN EXCELLENT SHAPE Ie maitre de I'horlogerie depuis 1875 y 'JtSjCMkCyaJjjJß "^V i^nl &siii^..: Sole Distributor Service Centre: AUDEMARS PJGUET (SINGAPORE) PRIVATE LIMITED .^9 341 River Valley Road #01-01 Singapore *****2 TeT:'623B 6678 Fax: 6238 6676 •JJISPH Internet: Http://www.audemarspiguet.com
      43 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      367 23 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change ir 18 World Index Preliminan 1044.2 1.6 -7.7 1.6 -10.6 1.1 -5.3 EAFE Preliminai 995.5 1.4 -11.2 0.9 -11.3 0.5 -6.1 Euroi Preliminan 1383.3 1.9
      367 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      123 23 As at 9am Apr 18 >f foreign currency: Currencies Bid Offer >ust dollar 1.2600 1.2750 .an dollar 1.3320 1.3480 luro 2.1360 2.1600 IZ dollar 1.0600 1.0840 iterlini 2.6730 2.7041 JS dollar 1.3440 1.3600 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer Ihi renminbi
      123 words
    • Article
      Lock icon INTERBANK RATES
      158 23 Apr 18 $S_ Offer Bid Overnight 3/16 1-monfh 15/16 2-months 1 1/8 3-months 1 1/4 Overnight mode: 3/16 US$ Offer 1/16 13/16 1 1 1/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.80 2.90 2.90 2.90 2.98 3.05 3.07
      158 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 23 Apr 18 ten Hii Sett STI ilMSCI A| 388.8 389.5 387.6 "aiwan A| 350.5 350.6 349 Source: MF Global (S) Pte. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Apr 18 S$ Bid Offer 1-month 1.3477 1.3491 2-months 1.3455 1.347 3-months 1.3443 1.3458 6-months 1.3400 1.3417 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      280 23 Apr 18 KUbbbK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest May 08 Jun 08 Jul 08 Aug 08 Sep 08 Oct/Dec 08 389.00 387.25 383.50 383.50 381.75 381.75 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open
      280 words
    • Article
      Lock icon CHICAGO BOT
      103 23 Apr 18 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 08 1361.50 1350.50 1364.00 1315.00 Jul 08 1377.00 1366.50 1380.00 1332.00 Aug 08 1367.00 1356.00 1370.00 1325.00 Sep 08 1325.00 1320.00 1323.00 1307.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 60.98 60.83 61.30 59.50
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 23 CRUDE OIL PRODUCTS Apr 17 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1 -Mth F) 111.98 0.18 WTI (Near Mth) 114.77 -0.07 Dubai (1-Mth F) 106.88 1.9 Tapis blend 119.6 1.4 Minas 111.5 1.6 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 103.50 142.90 1.00 1 USS/barrel Opec
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      449 23 Apr 18 Iuro ren ton 'eso Earn 'ouni Australia 0.945 6.569 0.589 7.318 37.384 86.299 0.962 9.388 2.950 1.185 60.085 39.332 1.268 7.327 0.944 28.434 29.512 0.470 0.939 Canada 1.058 6.949 0.623 7.742 39.547 91.293 1.018 9.931 3.120 1.253 63.562 41.608 1.342 7.751 0.998 30.080 31.220 0.497
      449 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      90 23 Apr 18 'eriod Issue code Maturity Yesterday's Bid Hii Day's |h Low i-Month BQ*****N 17.07.08 -Year BY*****A 29.09.08 0.76 0.80 0.76 0.75 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year N*****0F 2.625 i-Year N *****0V 1.625 '-Year NX*****F 3.625 0-Year NY*****F 3.750
      90 words
    • Article
      Lock icon SIBOR
      73 23 Apr 18 6mths 1.***** 9mths 1.***** 12mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 1.***** 3yrs 2.***** 4yrs 2.***** syrs 2.***** 7yrs 2.***** 10yrs 3.***** 12yrs 3.***** 15yrs 3.***** Source: Reuters (US$) (S$) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths
      73 words
    • Article
      Lock icon PALM OIL
      62 23 Apr 18 Delivery Month Opening Sett Av Range Price Price Hii Vol Open Done Position Low May 08 3633 Jun 08 3634 Jul 08 3638 Aug 08 3649 Total o/p: ***** contracts 3553 3638 3553 3550 3650 3550 3553 3659 3552 3658 3656 3556 Turnover: ***** lots Market
      62 words
    • Article
      Lock icon PRECIOUS METALS
      135 23 Apr 18 GOLD (USS/oz) Apr 18 Apr 17 Hong Kong London 942.20 947.70 943.20 948.70 Apr 18 Apr 17 913.90 942.60 914.90 943.30 Source: Reuters CAST BAR (SS) Apr 18 Buying Sellini Kilobar "43,983.42" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1
      135 words
    • Article
      Lock icon LONDON METALS
      69 23 Aar 18 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 3028.50 3011.80 3 months 3075.00 3060.00 Copper, Grade A (USS/tonne) Cash 3 months 8664.00 8570.00 8706.00 8610.00 Lead (USS/tonne) Cash 2823.00 3 months 2835.00 2798.50 2810.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00
      69 words
    • Article
      Lock icon LIFFE
      83 23 Apr 18 COCOA (E/tonne) Close Prev Hii ih/Low May 08 1429 1452 1458/1388 Jul 08 1456 1480 1488/1410 Sep 08 1388 1414 1419/1344 Dec 08 1363 1383 1384/1326 COFFEE (USS/tonne) Close Pev High/Low May 08 2262 2344 2347/2242 Jul 08 2299 2381 2382/2266 Sep 08 2303 2384 2370/2276 Nov
      83 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 23 Apr 18 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2676 1.2694 0.9388 0.9393 Canadian dollar 1.3409 1.3428 0.9931 0.9936 Euro 2.1541 2.1566 1.5954 1.5958 NZ dollar 1.0694 1.0717 0.7920 0.7930 aterlini 2.6968 2.6997 1.9973 1.9977 US
      157 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      324 23 Apr 18 OPEN HIGH LOW SETT VOL OP/INT URODOLLAR FUTURES un08 iep08 Dec08 Vlar09 97.040 97.125 97.015 97.000 0 0 0 0 ***** ***** ***** ***** EUROYEN FUTURES Iun08 99.165 99.165 iep08 99.190 99.190 Dec08 99.195 99.195 Vlar09 99.190 99.210 un09 >ep09 Dec09 Vlar10 99.165 99.175 99.180
      324 words
    • Article
      Lock icon BONDS & WARRANTS
      3088 23 BONDS WARRANTS rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- ing vTths Left 1036 Advance SCT Ltd W*****9 4 -0.5 30 1 87 176 8.25 28 3092 Asia Environment W*****4 16 -1 143 1 38 8 3.13 16 3816 #Asiasons Capital Ltd WO***** 5
      3,088 words
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      Lock icon Page 24 Advertisements Column 1
      2909 24 m The Business Times Shipping Times M W^ WwWi Wtfi iSSSk iTg gljlTlj A WAN HAI INTERNATIONAL PTE LTD crn0 **********0/r m PV BJP£f^MffBi^« %T\. Kl\ lAf A M UAI I IMFC TEL *****58 .8 t'4 LINES) FAX:*****163 ™^L^4j B*ll^^^^^"H WBEffWffipWW NH Vt/\ll Flrtl LlllEj PKL nL: {03) *****888 FAX:
      2,909 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      3312 25 RICKMERS-LINIE ww **^Hdp-hih-i^., Hf^T EASTERN CAR LINER. LTD I fl) £J®3Sl^ Regular Breakßulk/Project/SOC Conventional Services website: www.rickmers.com I 111 Wm I I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I Hire,v rvnnree e«n urn enurmii r USA Service I H WbbKLY bAmboo OAILINII oUHbUULb 1,-"" i —j IliU&ilUttliH W
      3,312 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      3018 26 PSil H 19 H H H 111 ANDERSEN Teh6i^SS I Tm* GLORY NAVIGATION GROUpI Vs'(flMA~^S tZU Hfifl E^fl shipping company/ 70 Shentoii Way, #21-03 Marina House Singapore *****8 ft^M IIfIWIUHI lUII anUUr I JWiffJiiPilililJiiiiiPMWl MMM HH NORTH WEST EXPRESS LINE »&4il-t«WMIt W^s3 MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES
      3,018 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      3510 27 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      3,510 words
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  • BizIT
    • Article
      Lock icon Small payoff for big wireless broadband gamble?
      799 28  -  WINSTON CHAI Only one out of six firms has started offering commercial WiMax services Reports by SIX service providers have sunk in a combined total of nearly $10 million for licences to provide wireless broadband services, but three years on, most are far
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    • Article
      Lock icon A case of being overly-connected?
      306 28 PROVIDING wireless high-speed Internet access through WiMax may have held promise in 2005 but a double- whammy of cellular advancements and gov-ernment-led programmes may have dealt a severe blow to its deployment potential in Singapore. A year after it auctioned off the (Wireless Broadband Access)
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    • Article, Illustration
      Lock icon Leading from the front
      1054 28 <the BizlT interview> Whether it's buying Yahoo or playing in IPTV, Microsoft is in for the long haul, its chief operating officer Kevin Turner tells KENNETH JAMES IT ISN'T exactly the smartest thing to say to one of Microsoft Corp's head honchos, much less at the
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    • Article
      Lock icon A company as big as the world
      685 28  -  YAJ MALIK <you say> Teleworking may have broadened your company's reach, but is your distributed/mobile workforce secure? By TELEWORKING has been hailed as the next revolution, and its promised benefits of increased productivity, cost reduction and increased work-life balance for employees are pushing
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    • <what's up>
      • Article
        Lock icon ITSC's programming competition
        128 28 THE Information Technology Standards Committee (ITSC) will be holding a computer programming competition called code::XtremeApps::, an event first held last September. This year's competition adds a junior category, where children under the ages of 12 can pit their coding skills against each other using a computer animation
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      • Article
        Lock icon New regional vice-president for SAP
        40 28 SAP Asia-Pacific Japan has appointed Paul Marriott as its vice-president, business development platform, Asia-Pacific Japan. The 13-year Oracle veteran will be in charge of driving the German software firm's business in the Asia-Pacific and Japan.
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      • Article
        Lock icon HP dangles $75,000 carrot for SMBs
        90 28 HEWLETT-PACKARD (HP) has announced it will hold its second annual Total Care Challenge, with $75,000 worth of prizes up for grabs for small- and medium-sized businesses (SMBs) in Singapore. The competition consists of categories aimed at growing enterprises, female entrepreneur-led SMBs and youths. As
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      • Article
        Lock icon Sun Microsystems opens solution centre here
        79 28 SUN Microsystems has opened its Authorized Sun Solution Center in Singapore, located at the premises of partner Ingram Micro Asia. Sun's first such facility in Asia South, the centre caters to small businesses, system integrators and corporate end-users, providing them with product and proof-of-concept
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      • Article
        Lock icon ITE and HP in security resource centre tie-up
        94 28  -  ONG BOON KIAT THE Institute of Technical Education (ITE) and Hewlett-Packard (HP) have jointly launched the ITE-HP Infocomm Security Resource Centre at ITE College East. The ITE-HP partnership aims to train students in information security, as well as develop security applications. In
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    • <what's new>
      • Article
        Lock icon HP debuts its smallest laptop yet
        105 29 WEIGHING I.2kg and sporting an 8.9-inch WXGA screen, the HP 2133 Mini-Note PC is the company's smallest-ever laptop offering and goes head on against other ultra-mobile PC (UMPC) offerings in the market. Clad in an aluminium and magnesium alloy shell, the HP 2133 features
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      • Article
        Lock icon Aztech's powerline network plug
        95 29 AZTECH Systems has launched the HLIO9EP 200 Mbps Home Plug with AC Pass Through a powerline networking plug that comes with a pass-through power outlet. This means users can continue to tap the electricity from their power points when the Home Plug is plugged in. This
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      • Article
        Lock icon Polycom offers HD voice conferencing
        87 29 CONFERENCING equipment maker Polycom Inc has launched the Sound Station IP 7000 and IP 6000 two new Internet Protocol (IP) conference phones featuring Polycom's HD Voice technology which claims to offer twice the voice clarity of ordinary phone calls. The IP 7000, priced from U551,299,
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      • Article
        Lock icon NEC targets SMBs with new projectors
        91 29  -  ONG BOON KIAT NEC Asia has launched two digital light processing (DLP) projectors the NEC NPIOOandNECNP2OO. Aimed at small to medium-sized businesses (SMBs) and the education sector, both projectors claim class-leading longevity with a lamp lifetime of 3,500 hours (4,000 hours if used in
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    • Article, Illustration
      Lock icon Bullish 3Com to ramp up Singapore operations
      758 29 With revenue in Singapore growing by 80% in the last six months, it wants to invest more here in the coming months to sustain momentum, reports ONG BOON KIAT THE protracted and ultimately unsuccessful attempt to acquire 3Com may have been a distraction
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    • Article
      Lock icon Education sector know-how propels 3Com's SOE push
      241 29  -  ONG BOON KIAT By 3COM is eyeing the upcoming Standard ICT Operating Environment (SOE) for Schools project. The company believes its exemplary track record in the education sector in the region will put it in good stead as it works with partners on
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    • Article
      Lock icon Red Hat chief disappointed with OOXML ruling
      298 29  -  WINSTON CHAI By A FILE format developed and controlled by a single company can hardly be considered as a worldwide standard, according to Red Hat CEO Jim Whitehurst. This was the opensource zealot's response to a controversial decision by the International Organization for
      298 words
    • Article
      Lock icon OOXML is inclusive, not exclusive: Microsoft COO
      392 29  -  KENNETH JAMES Microsoft's OOXML standard for and against: Top executives from Red Hat and Microsoft square off in interviews with BizlT By MICROSOFT'S Office Open XML (OOXML) document standard is all about being inclusive, not exclusive; and the proof of the pudding is
      392 words
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      Lock icon Page 29 Advertisements Column 1
      345 29 A. T m m lETh 1 f Our Distinguished Speakers include: Mr Michael Yap Mr Julian Quinn Mr Anton Ravindran Deputy CEO, MDA Vice President Chairman B^^ Executive Director Asia Pacific Internet Industry Association Conference Organised IDM R&D Programme ADOBE, Singapore of Singapore Published by Office Singapore Group CEO, IfIAfAP
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      Lock icon Page 29 Advertisements Column 2
      13 29 A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs@sph.com.sg, Fax 6746-1925.
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