The Business Times, 26 April 2008

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL28888
Total Pages: 20
1 20 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 April 26-27,2008 online at http://www.businesstimes.com.sg
    21 words
  • Article, Illustration
    Lock icon Homes held back from launches in staring game
    935 1  -  ARTHUR SIM Buyers not forthcoming, so developers delay projects that are ready for market By [SINGAPORE] The number of homes that could be launched for sale immediately, but have been held back, has increased to 10,239 in the first quarter of2ooB,anincreaseof44.2 per
    935 words
  • Article, Illustration
    Lock icon S'pore-made LaMB to roar on Animax
    764 1  -  CHRISTOPHER LIM Animated movie produced locally to be aired globally By [SINGAPORE] Fans of specialist animation cable channel Animax are used to watching its slick Japanese animated programmes, but before the end of the year, it will create a brand-new animated movie produced completely
    764 words
  • MARKETS DIGEST
    • Article
      Lock icon Untitled
      16 1 AST INDEX 3,189.20 (+11.65) AST INDEX FUTURES 3,103 (unch) ASIMSCI 394.67 (+0.49) ASIMSCI FUTURES 392.50 (+0.20)
      16 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.9345 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.25 CANADA 4.75 SWITZERLAND 3.69 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      45 1 :rn iam 1COMP 1,288.08 -5.00 IIKKEI225 13,863.47 +322.60 IANG SENG 25,516.78 -164.00 ;et index 832.19 -2.12 JAKARTA COM P 2,240.58 -29.40 IANILACOMP 2,777.93 -66.09 ;eoulcomp 1,824.68 +25.34 ;henzhen b 569.82 -7.88 IUMBAI IND 17,125.98 +404.90 12NOONEDT Change 12,788.54 -60.41 )OW IAS DAI 2,400.60 -28.32
      45 words
    • Article
      Lock icon FOREX
      37 1 IS$ (S$ per US$) 1.363 (US$/S$ )er£) 1.971 2.687 ;URO (US$/S$/E) 1.559 2.12. 'EN 104.70 76.8I 3.159 2.31 IK$ 7.794 5.71 !AHT 31.66 23.23 lUPIAH 9,230 6,772 lENMINBI 7.007 5.141 INDIAN RUPEE 40.20 29.4! 1.073 0.781
      37 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      62 1 SHOPPING MOTORING US DATA FOOD VLimited fe&^ tIk^ The all-new Consumer confidence A star in the culinary^ edition pens Passat CC >Sy^^b^j@ at 26-year low firmament PAGE 18 PAGE 15 PAGE 14 PAGE 20 The other Shanmugam Singapore's incoming Law Minister has a reputation for being Wl a "siler|t killer"
      62 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon It's the salary, stupid – or is it really?
      526 2  - It's the salary, stupid or is it really? CHUANG PECK MING NISHA RAMCHANDANI Two studies by HR consultancy firms give their take on why employees quit By and [SINGAPORE] Is pay the best way to retain talent and raise staff performance? Or are non-monetary factors such as career prospects and
      526 words
    • Article
      Lock icon Oculus audit delayed over trust money transfer
      411 2  -  CHEN HUIFEN By [SINGAPORE] The auditor of Catalist-listed Oculus has been unable to sign off on the company's accounts because of a lack of evidence relating to the transfer of "certain trust monies". This was brought to light by the company's continuing sponsor,
      411 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Independent financial adviser for sale of Jade unit quits
        64 2 THE sale of a Jade Technologies subsidiary could be in jeopardy after an independent financial adviser (IFA) to the proposed deal quit abruptly yesterday. In its notice of resignation, Provenance Capital said that "it has become increasingly difficult for us to
        64 words
      • Article
        Lock icon Lehman strategist: 'Invest in land, not commodities'
        39 2 EQUITY investors should bet on companies that have exposure to agricultural land and infrastructure rather than raw food commodities, a senior equity strategist at Lehman Brothers said yesterday. COMPANY NEWS, PAGE 4
        39 words
      • Article
        Lock icon Charterers net profit plunges 62% in Q1
        62 2 REDUCED demand from the computer sector and cut-throat competition have dealt Chartered Semiconductor Manufacturing a double blow, sending its first-quarter profit plunging almost 62 per cent. The company yesterday reported Ql net income of US$2.4 million for the three months ended March 31,
        62 words
      • Article
        Lock icon Biomed surge in March fuels 16.9% manufacturing growth
        60 2 SINGAPORE'S manufacturing output grew 16.9 per cent year on year in March, underpinned by the sterling performance of the biomedical sector, which surged 98.1 per cent. But except for transport engineering, the output of all other sectors contracted last month, including that
        60 words
      • Article
        Lock icon CordLife gets licence for lab in India
        80 2 AFTER waiting for more than two years, tissue banking firm Cord Life has received the green light to start its services in India, where it has opened a laboratory in Kolkata, the capital of the eastern state of West Bengal. "India has a
        80 words
      • Article
        Lock icon Office property prices edge up by just 1.1% in Q1
        64 2 OFFICE property prices took a hit in the first quarter of 2008, with foreign investors either withdrawing from the market or demanding lower prices. According to URA data, office property prices grew a marginal 1.1 per cent in Ql, compared
        64 words
      • Article
        Lock icon HDB resale flat deals decline 6% in Q1
        64 2 TRANSACTIONS of resale HDB flats fell 6 per cent from the fourth quarter of 2007 to 6,360 in Ql this year. HDB's resale price index rose 3.7 per cent in Ql this year compared with Q4 2007. But this increase was lower
        64 words
      • Article
        Lock icon China to resume talks with Dalai Lama's envoy
        69 2 CHINESE officials will reopen talks with a representative of the Dalai Lama, Xinhua reported, in what would be the first known encounter since last month's deadly unrest. The surprise revelation, amid intense international pressure for dialogue less than four months before Beijing
        69 words
      • Article
        Lock icon Bharti posts 37% rise in profit
        63 2 BHARTI Airtel, India's top mobile phone firm, reported yesterday that profit rose 37 per cent, beating estimates, after winning the most customers in a market that's poised to overtake the US as the second largest. It also denied a report by the Financial Times
        63 words
      • Article
        Lock icon US consumer confidence weakest in 26 years: survey
        54 2 US CONSUMER confidence fell for a third straight month in April, hitting its weakest in 26 years, on heightened worries over inflation and the sagging housing market, a survey showed yesterday. Nearly nine in 10 consumers thought the economy was now in
        54 words
    • Article, Illustration
      Lock icon Rogue trader back with a new job at software firm
      308 2 Reuters [PARIS] Jerome Kerviel, the trader accused of causing record losses at French bank Societe Generale SA, has found a new job at French software company LCA, a director for LCA said on Thursday. The company lists on its website
      Reuters; AP  -  308 words
    • Article
      Lock icon Time to re-establish the dialect connection
      688 2  -  QUAK HIANG WHAI SATURDAY SOAPBOX It will give us an economic edge, preserve our heritage By hVER wondered how the dual sound feature in your television works? Well, if you are in Singapore, it's called the ban-the-dialect selection. You can switch to just about
      688 words
  • Page 2 Advertisements
  • Page 2 Miscellaneous
Page thumbnail Page 3
  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Portrait of a legal titan
      2362 3 X Shanmugam is not only a man of many titles but also one of many pleasant contradictions, says MICHELLE QUAH KSHANMUGAM Senior Counsel, head of litigation and dispute resolution at Allen Gledhill, Member of Parliament and soon-to-be Law Minister and Second Home Affairs Minister is
      ARTHUR LEE  -  2,362 words
    • Article
      Lock icon Letting the evidence speak for itself
      1024 3 London Times. "I PREFER to let my work speak for me," says Senior Counsel X Shanmugam, in explaining why he prefers not to be interviewed on his achievements. "I don't believe in talking about myself. My work is done in Open Court and people
      London Times.  -  1,024 words
    • Article
      Lock icon Raffles Hotels & Resorts
      97 3 Raffles Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the world's top hotel brands in the 2006 Conde Nast Traveler Business Travel Awards, Raffles Hotels Resorts is a collection of luxury hotels that distinguishes itself through the highest
      97 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article
      Lock icon Independent financial adviser for sale of Jade subsidiary quits
      453 4  -  CHEW XIANG IFA cites increasing difficulty in discharging its duties following recent developments By THE sale of a Jade Technologies subsidiary could be in jeopardy after the independent financial adviser (IFA) for the proposed deal quit abruptly yesterday. In its notice
      453 words
    • Article
      Lock icon UOB-Kay Hian to build site for own use
      376 4  -  YEN SREENIVASAN By INVESTMENT house UOBKay Hian will develop the Scotts Road/Anthony Road site which it clinched this week for its own use, a senior company official told BT yesterday. "It will be our new office when fully developed," said Esmond Choo,
      376 words
    • Article, Illustration
      Lock icon Lehman strategist: 'Invest in land, not commodities'
      489 4  -  CONRAD TAN Firms in agricultural infrastructure also good bets, he says By EQUITY investors should bet on companies that have exposure to agricultural land and infrastructure rather than raw food commodities, a senior equity strategist at Lehman Brothers said yesterday. Food prices in
      489 words
    • Article
      Lock icon Novo shares start trading on Monday after delay of 1 month
      266 4  -  CHEWXIANG By STEEL products trader Novo Group will finally see its shares trading on the main board after a onemonth delay. Novo had completed a reverse takeover of defunct construction company Neocorp International last month. In an earlier interview
      266 words
    • Article, Illustration
      Lock icon Different strokes for different companies from shareholders
      468 4  -  VINCENT WEE AGM WATCH Sembcorp has to deal with the past, Keppel with future By THE sins of the past resurrected and preparations for the storms of the future were the two main themes that emerged from the annual general meetings of Singapore's
      468 words
    • Article, Illustration
      Lock icon A complacent Wall St inspires another firm week
      571 4  -  R SIVANITHY STOCKS IT WOULD have been obvious to even the most casual of observers that much of what occurred in the local stock market over the past week depended heavily on how Hong Kong and Europe performed. Thus it was that
      571 words
  • Page 4 Advertisements
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      394 5 Introducing the METROPOLITAN TOP MUSEUM OF ART STORE MvMn ewe try with A Heritage Iff Delicate myrtle leaves from W;Jy?j% The Cloisters, the Metropolitan p/ Museum's branch of medieval art and architecture, have been reproduced in this glorious collection of jewelry. Each is cast bronze with a hand- \:P :i/p
      394 words
Page thumbnail Page 6
  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon BROKERS' TAKE
      936 6  -  LYNETTE KHOO Ql 2008 net profit of $262 million (+4 per cent y-o-y, -2 per cent q-o-q) was below market expectations of $305 million due to lower-than-expected earnings from O&M, property and refining. Point: The focus of this set of results was on the O&M margins, which recovered
      Bloomberg  -  936 words
    • Article, Illustration
      Lock icon Beware of those trigger tricks
      1559 6  -  TEH HOOI LING SHOW ME THE MONEY I URKEY mothers are good mothers. They are loving, watchful and protective. They spend much of their time tending, warming, cleaning and huddling their young beneath them. But there's something odd about how they identify their chicks they
      1,559 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      1074 6 For week beginning Apr 21 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Substantial Buy No of Price SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr COOO) COOO) Permasteelisa Pac 24-Apr-08 Permasteelisa S.p.a *Buy 3167 na *****0 91.71 *****7 92.74 Permasteelisa Pac 24-Apr-08 Josef Gartner
      1,074 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      33 6 KI-Tfind the ones byr t>pJ THAT FIT! H pv^y Recruit the right people 1 C-=— through CATS Recruit. I -4 M Call 1800 289 8822 or email /^"%J I < l^/~\recruit@sph.com.sg to advertise. p^
      33 words
Page thumbnail Page 7
  • COMPANY NEWS
    • Article, Illustration
      Lock icon CCT Q1 distributable income at $35.9m
      380 7  -  CHOW PENN NEE DPU of 2.59 cents is 12.1% above forecast By CAPITACOMMERCIAL Trust (CCT) has announced a first-quarter distributable income of $35.9 million, or 12 per cent higher than forecast. Distribution per unit (DPU) for the three months ended March 31 came to
      FILE PHOTO  -  380 words
    • Article
      Lock icon Charterers net profit plunges 62% in Q1
      547 7  -  WINSTON CHAI Revenue, including contribution from SMP, up 19.9% at USs4l4m By REDUCED demand from the computer sector and cut-throat competition have dealt Chartered Semiconductor Manufacturing a double blow, sending its first-quarter profit plunging almost 62 per cent. The Singapore-based semiconductor foundry yesterday
      547 words
    • Article
      Lock icon Market turmoil expected to hit developers this year
      404 7 Reuters SINGAPORE'S top two developers are expected to report strong core earnings from apartment sales thanks to a three-year property boom, but slower sales since late last year will hit full-year results in 2008. Private home prices in the city-state jumped 31
      Reuters  -  404 words
    • Article
      Lock icon At a glance
      120 7 Q1 results ended March 2008 CURRENT PREVIOUS CHNG (S$m) CURRENT PREVIOUS I (S$m) I CHNG 1 CapitaCommercial Trust 35.86 29.25 22.6 2 S'poreLand 33.66 28.13 19.6 3 UIC 32.11 22.15 45.0 71.20 57.96 83.04 44.99 150.39 81.13 22.8 84.6 85.4 4 STATS ChipPAC 24.65 23.54 4.7 5
      120 words
    • Article, Illustration
      Lock icon Higher rents boost UIC, SingLand Q1 earnings
      306 7 HIGHER hotel and rental takings boosted the earnings of Singapore Land and parent United Industrial Corp (UIC) in the first quarter of this year. Sing Land's net profit rose 20 per cent to $33.7 million as revenue rose 85 per cent to $83
      FILE PHOTO  -  306 words
    • COMPANY BRIEFS
      • Article
        Lock icon CapLand aborts investment in Eurasia
        63 7 CAPITALAND has aborted its proposed investment in the properties of Eurasia Logistics, citing current challenging market conditions which do not support a mutually beneficial deal structure. Capita Land had originally intended to take up an initial 10 per cent stake in the completed and stabilised
        63 words
      • Article
        Lock icon AusGroup to report loss in Q3
        56 7 AUSGROUP yesterday said it will report a loss for its third-quarter, primarily due to a provision arising from uncertainties over the interpretation of the terms of a major contract being performed by a subsidiary in Australia. The company is consulting legal advisers on how
        56 words
    • Letter
      Lock icon Head of DBS' group central treasury not leaving bank
      138 7  -  Wong Ban Suan LETTER TO THE EDITOR I REFER to your article "DBS losing 2 more senior staff, both MDs" (BT, April 25). The article quotes unnamed sources as saying that I am leaving DBS Bank. This is despite the fact
      138 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      1 7 i
      1 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      107 7 A FINE COLLECTION OF FINE EXQUISITE JEWELLERY,WATCHES, UNMOUNTED DIAMONDS, ETC Featuring: A Fine collection of Jewellery and unmounted DIAMONDS (up to 6.0 carats) Jade, South-sea Pearls, Ruby, Sapphire, Fire Opal, Emeralds, etc. (many with GIA and Gemologist Certificates), Luxury Watches including ROLEX, PATEK PHILIPPE, VACHERON CONSTANTIN, AUDEMEMARS PIGUET Royal Oak
      107 words
Page thumbnail Page 8
  • SINGAPORE NEWS
    • Article
      Lock icon More American expats despite cost challenges
      341 8  -  NISHA RAMCHANDANI By THE rising cost of living, high residential rents and expensive office space are among contentious issues that plague the American expatriate community here. However, these cons are outweighed by the benefit of being able to participate in global trade. "Singapore is
      341 words
    • Article, Illustration
      Lock icon Biomed surge in March fuels 16.9% growth in manufacturing
      463 8  -  CHEN HUIFEN Exceptional growth seems to contradict weak export figures for the same month By SINGAPORE'S manufacturing output grew 16.9 per cent year on year in March, underpinned by the sterling performance of the biomedical sector, which surged 98.1 per cent.
      BLOOMBERG  -  463 words
    • Article
      Lock icon SGH to integrate research with clinical load
      242 8 A VIBRANT clinical research culture is poised to take root in the Outram healthcare hub, but changes may be afoot for Singapore General Hospital (SGH) as it integrates research with its clinical load. At SGH's 17th annual scientific meeting yesterday, National Research Foundation
      242 words
    • Article
      Lock icon CordLife gets licence for lab in India
      507 8  -  CHEN HUIFEN By AFTER waiting for more than two years, tissue banking firm Cord Life has finally received the green light to start its services in India, where it has opened a laboratory in Kolkata, the capi- i.l tal oi the eastern state
      507 words
    • Article, Illustration
      Lock icon SMOKING PERMITTED!
      179 8  -  ARTHUR LEE SQUEALING tyres and the smell of burning rubber on tarmac may just be the right pick-me-up for car enthusiasts tomorrow. Forty cars will be vying for the honours at Singapore's inaugural Formula Drift at the new Changi Exhibition Centre. The race calls for drivers to manoeuvre
      ARTHUR LEE  -  179 words
    • Article
      Lock icon Trust is key for private bankers: MAS MD
      381 8 BUILDING and maintaining trust with clients is an essential task for private bankers, Monetary Authority of Singapore (MAS) managing director Heng Swee Keat said yesterday. "At its core, private banking is about trust," he told a gathering of United Overseas Bank (UOB)
      381 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon SMU students return from Mid-East trip
        48 8 THIRTY-SIX undergraduates from Singapore Management University are nearing the end of a nine-day study trip to Bahrain and the United Arab Emirates to increase their awareness and appreciation of the culture and economic potential of the Middle East. The delegation returns tomorrow.
        48 words
      • Article
        Lock icon Vivian to open PR Academy forum
        66 8 THE Public Relations Academy will hold its seventh annual conference, focusing on new media and strategic communications, from May 20 to 23. Delegates from Singapore, Malaysia, Australia and the US will attend, with Community Development, Youth and Sports Minister Vivian Balakrishnan delivering the opening
        66 words
      • Article
        Lock icon Marina accident rate below norm
        40 8 NATIONAL water agency PUB says that with some four million man-hours worked so far on the Marina Barrage, the accident frequency rate is 2.2 per million man-hours worked, below the 2007 national norm of 3.5.
        40 words
    • Article
      Lock icon Office property prices edge up by just 1.1 %in Q1
      462 9  -  ARTHUR SIM Growth slows as foreign investors leave the market demand lower prices By OFFICE property prices took a hit in the first quarter of 2008, with foreign investors either withdrawing from the market or demanding lower prices. According to
      462 words
    • Article
      Lock icon URA decides not to award Ten Mile Junction site
      317 9 Top bid of $61 m, or $162 psf ppr, deemed too low THE Urban Redevelopment Authority (URA) yesterday said that it has rejected the bid by Peak Green for a residential site at Choa Chu Kang/ Woodlands Road as the price
      317 words
    • Article
      Lock icon HDB resale transactions decline 6% in Q1
      491 9  -  EMILYN YAP Median COY was $21,000, compared to $22,000 in Q407 By TRANSACTIONS of resale HDB flats fell 6 per cent from the fourth quarter of 2007 to 6,360 in Ql this year, against the backdrop of rising asking prices and high cash-over-valuation
      491 words
    • Article, Illustration
      Lock icon NOT JUST A CUPPA COFFEE
      126 9  -  -JOHN HENG WITNESSING two days of intense competition at the Ist Asia Barista Championship is enough for me to have new-found respect for the uncle who fixes my morning "kopi" at my regular coffee shop. It is not just a simple case of pulling out
      JOHN HENG  -  126 words
    • Article
      Lock icon Singapore companies head to Jiangsu
      266 9 Salcon, Eton House and PSB setting up ventures there COOPERATION between Singapore and the Chinese province of Jiangsu is set to rise a notch as Singapore companies Salcon Group and Eton House International recently officially opened their wastewater treatment plant and school respectively in the
      266 words
    • Article
      Lock icon Singapore tops business ranking in Asia: EIU
      358 9  -  NISHA RAMCHANDANI But it drops two positions in global ranking to third By SINGAPORE is still the best place in Asia to do business. But it has slipped two spots in the global ranking to third, pulled down by slower trade growth and
      358 words
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      99 8 THE STRAUS TIMES ttesundaytimes .Weekend Giveaway! Get rewarded each weekend! Buy your copy of The Straits Times on Saturday and The Sunday Times for free treats*. "Terms Conditions: Available for copies purchased at Buzz Pods, Cheers, 7-Eleven, Cold Storage, Giant. Guardian Pharmacies, NTLJC, Shop N Save, Caltex, Esso-Mobil, Shell, SPC
      99 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      14 8 Lianhe Zaobao Kingsoft aims to become China's Microsoft, says its chairman mat* T7~ T
      14 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      50 9 r3SfBBBH BEDMaR SHi PTE LTD I requires for Director of the Company I Male or Female I Writes speaks perfect English A small, yet demanding office Mondays to Fridays Applicant must write to 12A Keong Saik Road Singapore *****9 or Email to: bedmar.shi@pacific.net.sg and submit resume, photo and past salary.
      50 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      181 9 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF FITM LIMITED (IN MEMBERS'VOLUNTARY LIQUIDATION) (REGISTRATION N0.*****3507N) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN, in pursuant to Section 308 of the Companies Act, Cap. SO, that a Final Meeting of the Members of the abovenamed
      181 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 3
      435 9 GLOBAL ARIEL LIMITED (Incorporated in the Republic of Singapore) (Registration N0.*****2032R) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of GLOBAL ARIEL LIMITED (the "Company") will be held at Copthorne Orchid Hotel Singapore at 214 Dunearn Road Singapore *****6 on Tuesday, 13 May 2008
      435 words
Page thumbnail Page 10
  • MALAYSIA
    • Article, Illustration
      Lock icon MP wives' club money transfer under scrutiny
      551 10  -  S JAYASANKARAN RMlOm shifted from Selangor's Balkis to BN's federal Bakti 3 days after GE By in Kuala Lumpur A STORM is gathering over the transfer of almost RMIO million (554.3 million) by a charity run by the wives of Selangor's state assemblymen
      THE STAR  -  551 words
    • Article, Illustration
      Lock icon Tourist arrivals drop 4.5% in March
      430 10  -  PAULINE NG By in Kuala Lumpur MALAYSIA welcomed almost 1.82 million tourists in March, a drop of 4.5 per cent from a year earlier. But at more than 5.34 million, arrivals in the three months to March were 1.2 per cent higher than 5.28
      AFP  -  430 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8223 10 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.92/ Star Europe Bond 1.194/ Star Europe Bal 1.158/ Star Asian Tiger Eqty 1.377/ Star Asia Bond 1.163/ Star Asia Balanced 0.953/ Star Global Technology Fund!** 0.196/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.861/ Gib Multi St USD
      8,223 words
Page thumbnail Page 11
  • GREATER CHINA
    • Article
      Lock icon China to resume talks with Dalai Lama's envoy
      449 11 AFP, Bloomberg Beijing under intense foreign pressure since Lhasa riots last month [BEIJING] Chinese officials will reopen talks with a representative of the Dalai Lama, state Xinhua news agency reported yesterday, in what would be the first known encounter since last month's
      AFP, Bloomberg  -  449 words
    • Article
      Lock icon The HK$1m fish bonanza that got away
      129 11 [HONG KONG] Three Hong Kong anglers thought that they had hit the big time when they sold their rare giant fish for HK$2O,OOO (553,487) but they missed out on a HK$l million bonanza, Hong Kong's Apple Daily newspaper reported yesterday. The 85 kg
      129 words
    • Article, Illustration
      Lock icon 'Mad bull' phase unlikely to make a comeback
      503 11 Reuters [SHANGHAI] The mad bull isn't coming back. China's main stock index ended lower yesterday, ending a rebound that boosted it 14 per cent over the previous two days as the Shanghai Stock Exchange acted to curb speculative trade in newly listed
      Reuters; BLOOMBERG  -  503 words
    • Article
      Lock icon Growth slowing, inflation rising: report
      328 11 Bloomberg [BEIJING] China's economic growth may slow in 2008 for the first time in seven years as demand for exports weakens and the government acts to prevent the world's fourth-largest economy from overheating, a state-run academy said. Gross domestic produce will expand by 10.7 per
      Bloomberg  -  328 words
    • Article
      Lock icon BURSA MALAYSIA
      2271 11 ,|)i 25 RM COOQ) \&M Realty \bricBhd \dvance Synergy \dventa Bhd \eMulti Hldgs \ffin Holdings \hmad Zaki Resou \ic Corp \irasia Bhd \kn Technology \lliance Financi \luminium Co \malgamated Ind \mmb Hldgs Bhd \mtel Holdings \mway Malaysia \nalabs Resource \ncom Berhad \nn Joo Resource \pex Healthcare \pl Industries
      2,271 words
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      330 11 fmm!mnfmmmmk]{] *^c J tffa ll WWI I Email recruit@sph.com.sg BE PART OF A DYNAMIC MULTI-MEDIA COMPANY j f 1 i Singapore Press Holdings, the leading media group in Singapore, brings the pulse of the world to a growing local and regional audience. Our potent mix of newspapers and over 90
      330 words
Page thumbnail Page 12
  • INDIA
    • Article
      Lock icon Bharti posts 37% rise in profit
      510 12 Reuters, Bloomberg Company denies FT report that it may bid for South Africa's MTN [NEW DELHI] Bharti Airtel, India's top mobile phone firm, reported yesterday that profit rose 37 per cent, beating estimates, after winning the most customers in a market that's poised to
      Reuters, Bloomberg  -  510 words
    • Article
      Lock icon India likely to account for 60% of world's heart disease cases
      284 12 AFP [LONDON, PARIS] India, expected to account for 60 per cent of the world's heart disease cases by 2010, could prevent many deaths by ensuring the poor get better access to treatment, Indian and Canadian researchers said yesterday. The
      AFP  -  284 words
    • Article
      Lock icon Inflation rate hits 7.33% as Indian central bank heads for rate review
      448 12 Reuters [NEW DELHI] India's annual inflation rate held close to three-year highs above 7 per cent in mid-April, presenting the central bank with a dilemma of how to deal next week with rising prices and signs of slowing
      Reuters  -  448 words
    • Article
      Lock icon SGX MAINBOARD
      8788 12 Transaction date: Apr 25 !-wks Tel Low Code Last Sale V lay Low Bi .as1 Quote Seller Div C'vr Net P/E I Cap Smil Hii Coi Hii 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30 12 1938
      8,788 words
Page thumbnail Page 13
  • ASIA-PACIFIC
    • Article
      Lock icon Japan announces US$100m emergency food aid
      629 13  -  ANTHONY ROWLEY Tokyo will also push for G-8 leaders to look at all aspects of the food crisis By in Tokyo JAPAN yesterday announced US$lOO million of emergency food aid to help stave off what is seen as the growing danger of further disturbances
      629 words
    • SGX
      • Article
        Lock icon MOST ACTIVE STOCKS
        65 13 VOLUME China Hon ixin 62,639,000 Yan. |zi ian 58,091,000 CoscoCori iMBI_eCW*****1 53,408,000 CoscoCori iBeCW*****9 50,760,000 GMG Global 48,238,000 Li Hen. 37,257,000 Kei ■I Con 31,895,000 ChinaEratat 31,306,000 Enzer 28,928,000 ChinaEnen 26,736,000 VALUE Kei I Cor| 347,073,670 ■osco Cor| 88,187,491 Sin. iTel 86,477,320 SGX 85,617,510 iBS Gr| 78,362,141
        65 words
      • Article
        Lock icon RISES
        103 13 CLOSE UP S I A 1586 44.0 2.9 Dai irm 526 42.2 6.3 SIA 200 1590 40.0 2.6 IS MSCI India 100 797 31.3 3.0 India Nift' 10 1726 26.0 1.5 JMH 3196 24.5 0.6 SGX 900 24.0 2.7 DBS G 1990 20.0 1.0 HK Land 454 19.1 3.2
        103 words
      • Article
        Lock icon FALLS
        117 13 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN GLD 10US$ 8714-231.7 -1.9 Kei Con 1090 -76.0 -6. Kei MBLiCW*****3 379 -66.0 -14.1 Kei MBLJCW*****0 303 -50.0 -14.2 SPC 729 -45.0 -5.8 Venture Cor| 1106 -34.0 -3.I China H 10US$ 1826 -31.3 -1.2 BMT
        117 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      94 13 Up Down Unch 8 6 3 Up Down Unch 0 0 0 Up Down Unch 8 6 3 Multi Ind Manufacturini 84 50 56 12 13 96 58 69 Commerce 19 21 21 24 26 24 itor/ lomms Finance 13 13 13 13 Construction 13 >ro| Hotels/Rsts
      94 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      126 13 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 54.366 54.366 398.023 398.023 Manufracturing 532.563 40.815 573.378 453.629 3.555 457.185 Commerce 49.994 42.504 92.498 74.702 6.451 81.153 Tpt/Stor/Comms 103.802 251 104.053 320.517 79 320.595 Finance 38.831 38.831 313.431 313.431 Construction 68.401 24.652 93.053 17.537
      126 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      44 13 Stock name Close Change CapitaLand 6.990 +0.040 .apr .osco _orp irp ien' Ian fine" Fppet .orp fpet .am irp Stock name Close Change Olam 2.730 +0.060 ■ngg bl bngg 3.370 -0.040 bembtorplnd ZF7T50 -U.UbU >mg EaT lai (everage Imar angzijiang
      44 words
    • Article
      Lock icon BONDS & WARRANTS
      1874 13 BONDS WARRANTS b el lode Company rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left 4306 DBS MBL ECW*****8 52.5 7 40 0.2 1750 5 3987 SIA RB ECW*****0 7 2.5 1291 0.1 1700 2 4307 DBSMBLECW*****9 40.5 4 20 0.2 1900
      1,874 words
    • Article
      Lock icon SGX SESDAQ
      26 13 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E MCap $mil
      26 words
    • Article
      Lock icon SGX CATALIST
      645 13 52-Wk Tel High Low Code Last Sale Vol Cooo] Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi lam Hii 30 11.5 1181 s AAGrp 41.5 16 5000 s ABR Hldgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System
      645 words
    • Article
      Lock icon SGX XTRANET
      847 13 52-Wk Tel High Low Code Last Sale Vol ('000) Day lh 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 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** *****
      847 words
    • Article
      Lock icon CLOB INTERNATIONAL
      883 13 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
      883 words
Page thumbnail Page 14
  • WORLD
    • Article
      Lock icon Microsoft Q3 profit falls 11 %to US$4.39b
      533 14 AP It will reconsider alternatives if Yahoo does not agree to its USs44b offer today [SEATTLE] Microsoft Corp's third-quarter profit fell 11 per cent, the software maker reported as executives renewed their warning that they may go hostile or walk away from their
      AP  -  533 words
    • Article
      Lock icon Japan's core inflation hits 1.2%
      326 14 AFP [TOKYO] Japan yesterday said that core inflation hit a fresh decade high of 1.2 per cent in March on rising energy and food costs, creating a dilemma for the central bank with economic growth also slowing. Rising fuel and food costs are threatening to
      AFP  -  326 words
    • Article, Illustration
      Lock icon Rockefeller gives USsloom to Harvard
      430 14 NYT [NEW YORK] David M Rockefeller is giving US$lOO million to Harvard University, his alma mater. It is the largest gift by an alumnus in the university's history. Eli and Edythe Broad made a US$lOO million gift to the university in 2005, but they are
      NYT; BLOOMBERG  -  430 words
    • Article
      Lock icon US consumer confidence weakest in 26 years: survey
      286 14 Reuters LATEST US DATA [NEW YORK] US consumer confidence fell for a third straight month in April, hitting its weakest in 26 years, on heightened worries over inflation and the sagging housing market, a survey showed yesterday. The Reuters/University of Michigan Surveys
      Reuters  -  286 words
    • WORLD WATCH
      • Article
        Lock icon UK GDP growth slows to 0.4% in Q1
        86 14 AFP [LONDON] Britain's economy slowed sharply in the first quarter of 2008 when it expanded by the weakest rate for three years, data showed yesterday. The economy grew by 0.4 per cent in the three months to the end of March 2008,
        AFP  -  86 words
      • Article
        Lock icon Thai bourse plans to list by 2010
        68 14 Reuters [SINGAPORE] The Stock Exchange of Thailand is planning to list by 2010 and is working on a pan-Southeast Asian online trading system, said the company's president Patareeya Benjapolchai yesterday. The exchange, which had previously announced it planned to restructure itself into a
        Reuters  -  68 words
      • Article
        Lock icon Ho Chi Minh City to set up food fund
        71 14 Bloomberg [HANOI] The government of Vietnam's biggest city is considering setting up a one trillion dong ($84.7 million) food fund to limit price increases and curb the fastest inflation since at least 1992. The Ho Chi Minh City People's Committee may
        Bloomberg  -  71 words
      • Article
        Lock icon Honda expects profit to plunge 18%
        97 14 AFP [TOKYO] Japan's Honda Motor Co yesterday warned that it expects net profit to tumble about 18 per cent in the current fiscal year due to a stronger yen, a US economic slowdown and higher raw material costs. The gloomy outlook came as Japan's
        AFP  -  97 words
      • Article
        Lock icon Thai PM denies snap election plan
        71 14 AFP [BANGKOK] Thai Prime Minister Samak Sundaravej yesterday denied having said he would call snap elections once amendments to the constitution are complete "I have never said anywhere that I will dissolve the house," he told reporters. "What I have said clearly is that
        AFP  -  71 words
  • Page 14 Advertisements
Page thumbnail Page 15
  • MOTORING
    • Article, Illustration
      Lock icon Fundamentally sound
      697 15  -  CV Chew In the case of the Passat CC, Volkswagen has taken an existing sedan and literally given it a makeover, says BEAUTY is skin deep. Cliched but probably closer to the truth than many would like to admit. Honestly, between dating your matronly dressed neighbour and her
      697 words
    • Article, Illustration
      Lock icon Going green with BlueMotion
      600 15  -  JOE YEO By COME July 1, 2008, Singapore motorists will wake up to a more affordable diesel tax regime and the concept of Blue Motion. Volkswagen is a leader in diesel technology and Blue Motion is the name the German car giant has given to the
      600 words
    • Article, Illustration
      Lock icon When a facelift just isn't enough
      433 15  -  SAMUEL EE By SOME cars have the ability to excite. Others may inspire awe. But a SsangYong can usually be relied on to frighten women and small children. The Korean carmaker is best-known for two things its wide range of SUV and recreational vehicles,
      433 words
  • Page 15 Advertisements
Page thumbnail Page 16
  • GOLF
    • Article, Illustration
      Lock icon Time to get putting on the green
      1443 16  -  JUSTINE MOSS A golf club membership is a relatively safe bet and a neat little nest egg to have, says WHEN it comes to playing 18 holes on a pristine and challenging layout, Singaporeans are spoilt for choice with a number of excellent
      1,443 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      731 16 Wine&dine with weekendßT Mezeßar Complete your meal with an assortment of delicious (3-tier) at $12++ per set or Weekend High Tea Buffet at Pan Pacific Orchard 333 Orchardßoad desserts or a glass of wine from a choice of over 30 wine $18.80++ adult and $14.40++ child. 1(j claymore Road (off
      731 words
Page thumbnail Page 17
  • WELLNESS
    • Article, Illustration
      Lock icon Get a leg up
      1352 17 Suffering from worn-out, osteo-arthritic knees? CHEAH UI-HOON finds out how to avoid knee replacement surgery A SINGAPORE doctor holds a surprising record in medicine: for having treated the most osteo-arthritic or worn-out knees with viscosupplementation in the world. He has treated over 25,000 knees since he
      JOHN HENG  -  1,352 words
    • Article, Illustration
      Lock icon Beware the silent stalker
      776 17  -  MELISSA HENG By FOUR out of every five women in Singapore are being stalked by a potentially dangerous killer throughout their life and more than half of them don't have the faintest clue. "In the course of a lifetime, about 80 per cent of women here
      AP  -  776 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      297 17 CRYPTIC CROSSWORD ACROSS 5 He may struggle to break a 7 Period given to R.N. forma- lock (8) tion to enter battle (9) 6 Sober sailor directed to carry 8 Examine a surgical instru- the can (9) ment (5) 9 A natural hanger-on, in a 10 Coastline seen from quar-
      297 words
Page thumbnail Page 18
  • SHOPPING
    • Article, Illustration
      Lock icon Pricey pens, anyone?
      1078 18  -  CHRISTOPHER LIM By SOME of you might associate the Faber-Castell name with the graphite pencils you used during your school days. But there's a lot more to the brand than that, particularly at the top end of its range. In a signal of Faber-Castell's confidence in the
      1,078 words
    • Article, Illustration
      Lock icon Bohemian bling
      604 18  -  CHEAH UI-HOON By HE might look like a rocker, but don't be fooled by the shoul-der-length hair, the black T-shirt, jeans, leather jacket and boots, and silver jewellery (a ring with his family emblem, chainlink bangle and silver-and-leather wristband). Behind this hip facade is a savvy silver jewellery
      JOHN HENG  -  604 words
Page thumbnail Page 19
  • TRAVEL
    • Article, Illustration
      Lock icon In the lap of luxury
      813 19  -  CORINNE KERK In need of a break, yet too strapped for time to jet off for a long vacation? Then check out these new hotels in the region for a rejuvenating, quick getaway Hotel Imperial Kuala Lumpur IT MAY be the third largest luxury hotel
      813 words
    • Article, Illustration
      Lock icon JIA Shanghai
      577 19  -  GEOFFREY EU By SHANGHAI, an intractable city endowed with copious amounts of soul, style and sophistication not to mention a definite sense of self- also has an enviable ability to portray itself as being forever in the moment. For this modern Chinese city, the moment is now. Everything
      577 words
    • Article, Illustration
      Lock icon St Regis, Singapore
      570 19  -  CORINNE KERK By IF YOU'RE really, really too time-strapped to spare a three or four-hour flight out of Singapore, there's the St Regis: for the wait-ed-on-hand-and-foot experience. St Regis is the only hotel in Singapore to offer butler services to all guests now that it's open. For
      570 words
Page thumbnail Page 20
  • THE BUSINESS TIMES weekend
    • Article, Illustration
      Lock icon A star lost – and regained
      865 20 A star lost and regained GEOFFREY EU meets Maison Pic's acclaimed chef Anne-Sophie Pic, the first Frenchwoman in 50 years to be awarded three-stars SHE may be slight of stature, but Anne-Sophie Pic is a giant in the kitchen. As a fourth-generation chef at Maison Pic, her family's restaurant beside
      865 words
    • Article, Illustration
      Lock icon Some interesting food stories from Down Under at trade show
      887 20  -  GEOFFREY EU By THE prolonged drought in Australia has played a significant role in a fledgling family business that combines chilli with chocolate to make a, yep, pretty hot gourmet product that is attracting international attention. Seatonfire Chilli Chocolate has
      JOHN HENG  -  887 words
  • Page 20 Miscellaneous