The Business Times, 3 May 2008
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2008-05-03
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The Business Times
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Title Section21 2008-05-03 1 THE BUSINESS TIMES SINGAPORE 85 cents ajp* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 May 3-4,2008 online at http://www.businesstimes.com.sg21 words
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Article, Illustration679 2008-05-03 1 400,000-sq-ft marvel across 27 storeys for tycoon's family of 5 [MUMBAI] A 27-storey sea-facing skyscraper coming up in downtown Mumbai will soon be home to a family of five. With a price tag nearing US$2 billion, it will be the world's largest andAFP FILE PHOTO - 679 words
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864 2008-05-03 1 LEE U- WEN - LEE U-WEN Recruitment experts speak the lingo of the client and know the market By [SINGAPORE] The ongoing war for talent is not just being fought between employers. Even recruitment firms are re-inventing themselves to steal a march on the competition. Increasingly, they are864 words
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MARKETS DIGEST
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Article44 2008-05-03 1 :ri lam 1 COMP 1,271.48 -8.38 IIKKEI225 14,049.26 +282.40 IANG SENG 26,241.02 +485.67 ;et index 843.15 +10.70 JAKARTA COMP 2,342.76 +38.24 1ANILA COMP 2,722.95 -26.82 ;eoulcomp 1,848.27 +22.80 ;henzhenb Closed IUMBAI IND 17,600.12 +312.81 12NOON EDT Change 13,048.19 +38.19 )OW IASDAI 2,473.52 -7.1944 words
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Article29 2008-05-03 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.806 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.69 INDIA 12.25 SourceBloomberg - 29 words
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Article40 2008-05-03 1 IS$ (S$ per US$) 1.364 (USS/SS )er 1.984 2.706 :URO (US$/S$/E) 1.547 2.109 'EN 104.70 76.80 3.165 2.321 m 7.797 5.718 !AHT 31.71 23.25 1UPIAH 9,235 6,772 1ENMINBI 6.989 5.125 INDIAN RUPEE 40.68 29.83 1.075 0.789 IZ$ 1.284 0.94240 words
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Page 1 Advertisements
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Advertisement60 2008-05-03 1 Inspired by a souscription watch, "La Tradition Breguet" salutes one of Breguet's most important inventions, the pare-chute. Hand-wound mechanical movement, caliber 507DR, with straight-line lever escapement, monometallic balance and Breguet overcoil. www.breguet.com Boutique Breguet, 328 North Bridge Road, #01-18 Raffles Hotel Arcade Singapore, tel: +65 6338 6006 PARIS CANNES GENEVA60 words
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Page 1 Miscellaneous
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Miscellaneous50 2008-05-03 1 RAFFLES W COMPANIES MOTORING ECONOMY CONVERSATION te^ US private equity firms 5,000-pound I^sSi US employers cut Axel Heitmann, Lanxess ifffc \m\ bidding for Unisteel beauty fewer jobs in April chairman PAGE 3 1 PAGE 4 PAGE 15 PAGE 2 FOOD The heart and style of San Sebastian dining PAGE 2050 words
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TOP STORIES
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333 2008-05-03 2 -AP, Keuters LATEST US DATA Unemployment rate falls to 5% from 5.1% in March [WASHINGTON] United States employers cut far fewer jobs in April than in recent months and the unemployment rate dropped to 5 per cent, a bet-ter-than-expected showing that nonetheless still-AP, Keuters - 333 words
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495 2008-05-03 2 Bloomberg Fed seeks more powers to act early on failing outfits [WASHINGTON] The last-minute rescue of Bear Steams Cos by the Federal Reserve and the US Treasury may prompt Congress to let regulators move earlier to restructure or shut failingBloomberg - 495 words
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793 2008-05-03 2 SARA LIM - SARA LIM Known brands turn to R&D in a bid to fight back By [SINGAPORE] House brands are now big business for local supermarkets as consumers hunt down less expensive options in these inflationary times. According to supermarkets like NTUC Fair Price and793 words
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THREE-MINUTE DIGEST
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49 2008-05-03 2 SINGAPORE disk drive component-maker Unisteel Technology is the subject of a $800 million bidding tussle by several buyout firms, an exercise that has already progressed beyond the first round of bids, according to a Reuters report. COMPANIES NEWS, PAGE 449 words
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50 2008-05-03 2 TROUBLED ceramic tile maker ASA Group Holdings yesterday sacked its chief financial officer I Shu Te after just two months in the job, saying he had been "incompetent" and "uncooperative" and "hampered the job and functions" of other executives. COMPANIES NEWS, PAGE 750 words
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43 2008-05-03 2 TECHNOLOGY-BASED company 3M has pumped in some US$2OO million to set up a manufacturing plant in Singapore that will produce coatings for film-based products used in commercial, electronic and automotive applications. SINGAPORE NEWS, PAGE 843 words
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29 2008-05-03 2 MALAYAN Banking suspended trade in its shares yesterday, pending announcement of a "material acquisition" amid talk that it was expanding into Pakistan. MALAYSIA/INDONESIA, PAGE 929 words
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53 2008-05-03 2 MALAYSIA'S government may allow more airlines to fly from Singapore to cities other than Kuala Lumpur starting next year. The two governments are negotiating a bilateral agreement that may take effect next year, Transport Minister Ong Tee Kiat said.53 words
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56 2008-05-03 2 LENOVO Group is seeking acquisitions to regain the world's third-largest PC seller ranking lost to Acer Inc last year, chairman Yang Yuanqing said. "I believe there will be further consolidation in the industry and we hope to seize the opportunity" to buy,56 words
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50 2008-05-03 2 INDIA'S exports grew by 23 per cent to U*****.5 billion in the fiscal year ended March, missing an annual target, and analysts said shipments would face headwinds in the current year due to a possible global slowdown. INDIA, PAGE 1150 words
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45 2008-05-03 2 A PIONEERING art fair in Hong Kong is expected to attract 15,000 potential buyers, reflecting how modern art has become as desirable for many Asian consumers as the latest luxury brand watch. GREATER CHINA/INDIA, PAGE 1245 words
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39 2008-05-03 2 THE International Monetary Fund and 25 sovereign wealth funds on Thursday established an International Working Group to draft the first-ever best-practices guidelines for the state-owned funds, officials said. ASIA-PACIFIC/WORLD, PAGE 1439 words
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Article, Illustration712 2008-05-03 2 QUAK HIANG WHAI - QUAK HIANG WHAI SATURDAY SOAPBOX By I UST the priceless photo that the Beijing leadership needed. J There it was caught by an Associated Press photographer at rivalling demonstrations over the Beijing Olympic torch in San Francisco. We see what looks like an712 words
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Page 2 Miscellaneous
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Miscellaneous9 2008-05-03 2 SATURDAY with Ludwig 1RM-1HALL, HIGH FLOC^T FULL VIEW< jfNEG9 words
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THE RAFFLES CONVERSATION
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Article, Illustration1998 2008-05-03 3 RONNIE LIM - Axel Heitmann, chairman of Lanxess, the third largest chemicals group in Germany, tells RONNIE LIM why he is an indefatigable advocate of environmental protection and how his company is spearheading a 'green chemistry' thrust into China SELLING "green" or environmen-tally-friendly chemical products to China when oil prices1,998 words
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Page 3 Advertisements
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Advertisement101 2008-05-03 3 The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the *V tT^ world's top hotel brands in the 2006 Conde M I ZZ^O Nast Traveler Business Travel Awards, If" Raffles Hotels Resorts is a collection of —1~V^U luxury hotels that distinguishes101 words
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COMPANY NEWS
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Article, Illustration531 2008-05-03 4 ONG BOON KIAT - ONG BOON KIAT The firm 'courted by US equity firms' has received preliminary approaches By( SINGAPORE disk drivecomponent maker Unisteel Technology is the subject of an $800 million bidding tussle by several buyout firms, an exercise that has already progressed beyond theFILE PHOTO - 531 words
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333 2008-05-03 4 It signs MOU to buy entire share interest of Long Concept FDS Networks Group is planning to buy an environmental and water treatment business in China for $20.8 million. In a statement, the firm said it has inked a non-le-gally binding memorandum333 words
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228 2008-05-03 4 ROBINSON and Company, Singapore's oldest retailer, is a step closer to being delisted from the Singapore Exchange (SGX). On Wednesday the day that Gulf investor Al-Futtaim's voluntary conditional cash offer for Robinson closed Al-Futtaim said that it had received valid acceptances for 82,151,404 shares,228 words
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174 2008-05-03 4 SUPER Coffeemix Manufacturing has secured an agreement to manufacture and sell potato flour, flour derivatives and process flour precipitates in China. The agreement was inked between Super Coffeemix's 50 per cent-owned associated company Tianjin Super Lifestyle Food Development and Ningxia174 words
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Article, Illustration337 2008-05-03 5 KALPANA RASHIWALA - KALPANA RASHIWALA CAPITALAND Group president and CEO Liew Mun Leong is sitting on a handsome paper gain of $2.86 million (based on yesterday's closing price for the counter) after exercising options for a total of 600,000 Capita Land shares at337 words
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Article, Illustration380 2008-05-03 5 SAMUEL EE - SAMUEL EE First 100 of 500 are being rolled out; the rest will be on roads in a year or so SBS Transit has begun rolling out the first 100 of 500 new single-deck buses costing $36 million to provide better service. Quality380 words
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350 2008-05-03 5 LEE U- WEN - LEE U-WEN 'By JUST three months after announcing record mid-stream revenue and earnings, shipbuilder and charterer ASL Marine Holdings Ltd is now expanding its Batam shipyard at a cost of $30 million. In a statement released yesterday, the marine group said that its350 words
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COMPANY BRIEFS
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35 2008-05-03 5 PENGUIN International has appointed Tung May Fong its finance and administration director with immediate effect. Ms Tung will oversee the group's accounting and finance, information technology and human resources activities.35 words
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Article46 2008-05-03 5 GMG Global has doubled its net income to $8.32 million, while sales jumped 65.6 per cent to $59.2 million for the three months ended March 31, 2008. Earnings per share rose to 0.41 cents up from 0.2 cents during the period.46 words
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36 2008-05-03 5 DAYEN Environmental Limited has announced the resignation of Tan Eng Kiat, Dominic, as its independent director with immediate effect. Mr Tan has joined United Fiber System Ltd as executive director.36 words
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41 2008-05-03 5 ZAGRO Asia has entered into an agreement to buy the properties located at Nos 6/3, 6/6 and Lot No 6 at Leab Klong Si Road, Thanyaburi District, Pathumthani Province, Thailand, for 82.5 million baht (553.5 million).41 words
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42 2008-05-03 5 ROXY-PACIFIC Holdings will use $3 million from its IPO proceeds to reduce short-term bank borrowings that were previously deployed to fund working capital requirements. The firm raised some $36.2 million in net proceeds from its public offer.42 words
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Article, Illustration582 2008-05-03 5 R SIVANITHY - R SIVANITHY STOCKS THE US Federal Open Market Committee (FOMC) meeting, rising oil prices, a weak US economy and high commodity prices were the main macro factors at play this week. And despite no real leadership signal from any of582 words
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167 2008-05-03 5 GALLANT Venture Ltd has received some $19.46 million in accumulated orders for the sale of land in Bintan, the firm said yesterday. The sale agreements, inked by its subsidiary PT Buana Megawisata (PT BMW), involve Lagoi Bay Development and township projects. In all,167 words
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443 2008-05-03 7 CHEW XIANG - CHEW XIANG It also issues a clarification on why an independent director left By TROUBLED ceramic tile maker ASA Group Holdings yesterday sacked its chief financial officer I Shu Te after just two months on the job, saying that he had been443 words
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257 2008-05-03 7 CLOB-LISTED Australian property developer AY Jennings is raising up to around A 551.2 million (5565.1 million) through a rights issue. The equity fund-raising involves the offer of 76.5 million new shares at an issue price of A 50.67 (550.85) each on257 words
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221 2008-05-03 7 SOON after listing on the new Catalist, Apple brand retailer Afor has seen its chief financial officer resign. In an announcement on the SGX website yesterday Afor said chief financial officer Cheng Ai Nee had resigned "to pursue her own interests". Ms Cheng had only221 words
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329 2008-05-03 7 WINSTON CHAI - WINSTON CHAI By RIVAL local operators Star Hub and Ml, along with Hong Kong's Citi Telecom (CTI), have officially formed a new consortium to vie for a massive government contract for building Singapore's future broadband highway. This newly minted group, called the329 words
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Article8219 2008-05-03 7 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.921/ Star Europe Bond 1.184/ Star Europe Bal 1.152/ Star Asian Tiger Eqty 1.384/ Star Asia Bond 1.175/ Star Asia Balanced 0.961/ Star Global Technology Fund!" 0.194/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.865/ Gib Multi StUSD 1.112/8,219 words
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Page 4 Advertisements
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Advertisement166 2008-05-03 4 PLS^paBAXMHMiiH '*^\>3-^'^ Lianhe Zaobao |/tm«/e s P ,-in g 2ooB I I^l S -II ft H• Slid Uld U Personalise "y Q H^^^^^E uK&^l I d^'ji^ DREAM I MB german girl shrine I t Ui^^^^^^ I to evening bling X~» DETWILS I I DESIGNER Btspoke I I V 1^ I166 words
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Page 5 Advertisements
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Advertisement242 2008-05-03 5 DISCOVER SECRETS HOW ORDINARY PEOPLE WITH NO EXPERIENCE EARN $10.000IMONTHUT Anybody can earn $10,000 Monthly Easily when you discover our PROVEN TRADE SECRETS! No need to quit your job. MONEY BACK GUARANTEE* to make sure you succeed. #/gA^l a* "Although we I earnedl 0k "Earning $lOftOo\ mflsnm mr i ave242 words
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Advertisement158 2008-05-03 5 In the matter of The Companies Act, Cap. 50 And In the matter of [1 SYP PLASTIC INDUSTRIES PTE. LTD. (2) APEX PLASTIC INDUSTRIES PTE. LTD. (3) EVERPLAST PTE. LTD. (Company No. (1) *****0292 M (2) *****9093N (3) *****3529 C] [In Creditors' Voluntary Liquidation) At an Extraordinary General Meeting of158 words
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Advertisement828 2008-05-03 5 I I" IN THE MATTER OF IN THE MATTER OF THE THE COMPANIES ACT, CHAPTER 50 COMPANIES ACT, CAP. 50 .NTHeZftEROF a ND (1) ASIAN CRUISE PTE. LTD. Co. Reg. No. *****0257E IN THE MATTER OF (IN MEMBERS^VOLUNTARY PROPERTY ENTERPRISES (2) EDGE INNOVATIVE LEARNING DEVELOPMENT PTE LTD (SINGAPORE) PTE LTD828 words
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PERSONAL INVESTMENT
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Article, Illustration902 2008-05-03 6 CONRAD TAN - CONRAD TAN S-chips DMG Partners Securities, May 2 THE Shanghai Composite Index has been on a downtrend over the past few months. Despite the Chinese government cutting the stamp duty on stockmarket transactions (effective April 24), which led to a positive market reaction, the index is still 33lloomberg - 902 words
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BT SHARE INFORMATION SERVICE
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716 2008-05-03 6 Trans Date Shareholder/ Director Sefl Conv Shares '000 Price Per Shr$ Before fOOO) JCj After ('000) Stock Permasteelisa Pac 30-Apr-08 Permasteeliza S.p.A *Buy 1058 na *****5 93.96 *****3 94.30 Permasteelisa Pac 30-Apr-08 Josef Gartner GmbH Buy 1058 na ***** 10.63 ***** 10.97 SNFCorp 30-Apr-08 Invest Portal Ltd716 words
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Article139 2008-05-03 6 COMPANY MEETING PLACE DATE TIME Rickmers E 1 Raffles Boulevard Suntec City, Meeting Room 308 Level 3 Singapore *****3 05-May 3.00pm Eng Kong Hldgs E Albizia 2, Jurong Country Club 9 Science Centre Road Singapore *****8 07-May 9.30am Wee Hur Hldgs A Quality Hotel Singapore Grand Ballroom 201139 words
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Article, Illustration1013 2008-05-03 6 MICHAEL R SESIT - MICHAEL R SESIT Bloomberg By RESERVE currency status is like your health: Abuse it, and you risk losing it. With the dollar's 45 per cent decline against the euro during the past six years and its 37 per cent drop on a– Bloomberg; AFP - 1,013 words
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Page 6 Advertisements
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Advertisement21 2008-05-03 6 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg21 words
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SINGAPORE NEWS
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Article, Illustration416 2008-05-03 8 QUAH CHIN CHIN - QUAH CHIN CHIN 65,000 sq m plant will be 3M's most advanced outside the United States By TECHNOLOGY-BASED company 3M has pumped in some US$2OO million to set up a manufacturing plant in Singapore that will produce coatings for film-based products usedJOSEPH NAIR - 416 words
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276 2008-05-03 8 SARA LIM - SARA LIM A GROCERY price survey conducted by the Consumers Association of Singapore (Case) in the first and last weeks of April found more than 160 lower-priced housebrand products on sale at local supermarkets. Case found that housebrand products are often substantially cheaper276 words
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Article, Illustration520 2008-05-03 8 YEN SREENIVASAN - YEN SREENIVASAN Growth would be 5.8% if not adjusted for Easter distortion By THE latest data from the International Air Transport Association (lata) showed March international passenger traffic increased 5.8 per cent, with load factors at 77.7 perBLOOMBERG - 520 words
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Article, Illustration290 2008-05-03 8 SINCE the launch of the ST7OI Spree at http://shops.st7ol.com/spree on April 18, online shoppers have responded with open arms and, more importantly, open wallets. Said Dennis Tan, group account manager of ST7OI Shops, "ST7OI Spree started off well, with some spree boxes being290 words
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899 2008-05-03 8 MICHELLE QUAH - MICHELLE QUAH By THE liberalisation of Singapore's legal industry is expected to open up the domestic market to foreign competition a prospect that both thrills and alarms local lawyers. While some see it as an opportunity to raise standards, others are worried899 words
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Page 8 Advertisements
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Advertisement11 2008-05-03 8 CATS Recruit The first step oh your ladder to success I <11 words
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MALAYSIA/INDONESIA
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Article, Illustration672 2008-05-03 9 S JAYASANKARAN - S JAYASANKARAN Car, property tycoon Nasimuddin's net worth was estimated at USs2b By in Kuala Lumpur BILLIONAIRE Nasimuddin S M Amin, one of the largest independent car and property businessmen in Malaysia, died of lung cancer in Los Angeles on Thursday. He was672 words
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406 2008-05-03 9 Bloomberg [KUALA LUMPUR] Malaysia's government may allow more airlines to fly from Singapore to cities other than the capital Kuala Lumpur starting next year, benefiting discount carriers including Air Asia Bhd and Fly Firefly Sdn. The two governments are– Bloomberg - 406 words
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201 2008-05-03 9 Bloomberg It is seeking partners for USs2oom 250,000 tonnes a year unit [JAKARTA] PT Pertamina, Indonesia's state oil producer, plans to spend US$2OO million on building a polypropylene unit at a refinery in Java, company president Ari Soemarno said. Pertamina is seeking– Bloomberg - 201 words
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252 2008-05-03 9 -AFP [JAKARTA] Australian firm Blue Scope Steel Ltd yesterday said that it had expressed an interest in participating in the privatisation of Indonesia's largest steelmaker, PT Krakatau Steel. A spokeswoman for Blue Scope in Australia said that discussions were at a very early stage-AFP - 252 words
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Article, Illustration268 2008-05-03 9 Reuters [KUALA LUMPUR] Malaysia's largest lender, Malayan Banking Bhd (Maybank), suspended trade in its shares yesterday, pending the announcement of a "material acquisition" amid talk that it was expanding into Pakistan. Maybank, which last month denied a media report that it was in talks to buy– Reuters; FILE PHOTO - 268 words
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311 2008-05-03 9 Bloomberg [JAKARTA] Indonesia's inflation accelerated to a 19-month high in April, reducing the central bank's scope to cut interest rates to boost economic growth. Consumer prices rose 9 per cent from a year earlier, after gaining 8.2 per cent in March, the Central Statistics– Bloomberg - 311 words
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Article2254 2008-05-03 9 lay 2 RM COOO) A&M Realty 0.56 \bric Bhd 0.20 Advance Synergy 0.13 Adventa Bhd 1.30 AeMuIti Hldgs 0.22 Affin Holdings 2.05 Ahmad Zaki Resou 1.01 AicCorp 0.51 \irasia Bhd 1.25 Akn Technology 0.54 Alliance Financi 3.06 Aluminium Co 1.03 Amalgamated Ind 0.45 \mmb HldgsBhd 3.84 Amtel Holdings2,254 words
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GREATER CHINA
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Article, Illustration560 2008-05-03 10 Bloomberg Company has cash and equivalents of USs2.2b as at Dec 31 [BEIJING] Lenovo Group Ltd is seeking acquisitions to regain the world's third-largest personal-com-puter seller ranking lost to Acer Inc last year, chairman Yang Yuanqing said. "We are not satisfied withBloomberg; AP - 560 words
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441 2008-05-03 10 -LAT [BEIJING] Li Zhigang inhaled deeply from a cigarette while sitting on his haunches on Thursday near the Beijing Railway Station before deciding there was no way that tighter smoking regulations would change where or when he would grab a smoke. Mr Li, 30,-LAT - 441 words
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Article8691 2008-05-03 10 Transaction date: May 2 52-wks Tel |h Low Code Last Sale Vol ('000) Hi i Day Last Quote |h Low Buyer Seller Div Gr Yld C'vr Net P/E MCap $mil Hii Coi 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABFSGBondETF 308,691 words
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INDIA
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Article, Illustration413 2008-05-03 11 Reuters Shipments will be affected this year due to a possible global slowdown [NEW DELHI] India's exports grew by 23 per cent to U*****.5 billion in the fiscal year ended March, missing an annual target, and analysts said shipments would face– Reuters; REUTERS - 413 words
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SGX
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Article64 2008-05-03 11 VOLUME VALUE Jade Tech 42,301,000 SGX 206,386,670 ChinaEnen 35,666,000 DBS Gri 161,448,240 ChinaOilFId 34,055,000 UOB 137,767,172 Cosco Con 33,550,000 Cosco Con 112,312,710 China Hon' ixin 32,734,000 Ca litaLand 95,033,960 CoscoCori iMBLeCW*****2 31,130,000 Sin iTel 91,101,440 Thai Bevera 29,422,000 OCBCBk 87,124,380 Yan. izi. iari' 27,960,000 Kej I Cor|64 words
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Article101 2008-05-03 11 CLOSE UP MH 3296 302.6 7.2 IOB 2130 90.0 4.4 ir China H 10US$ 1895 81.8 3.3 ireat Eastern 1738 76.0 4.6 iGX 930 71.0 8.3 IOB MBL JCW*****0 802 62.0 8.4 'enture Con 1170 60.0 5.4 lardine C&C 1712 50.0 3.0 SH 1768 46.3 2.0 iGXMBLiCW*****0 343 46.0101 words
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Article114 2008-05-03 11 Closing prices are in trading currencies, but absolute difference is in S$. BY CENTS BY PERCENTAGE CLOSE DOWN CLOSE DOWN GLD 10US$ 8460 149.9 1.3 STI2700BNPePW*****9 0.5 66.7 1.0 BMT 1880 80.0 4.1 Caj italanDBePW*****9 42.9 1.5 Cmdt' 10US$ 393 12.3 2.2 STI 3000SGAePW*****9 9.5 34.5 5.0 DBS Bk6%114 words
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Article87 2008-05-03 11 Up Down Unch 13 2 3 Up Down Unch 0 0 0 Up Down Unch 13 2 3 lulti Ind lanufacturim 88 48 53 10 18 93 58 71 Commerce 31 14 18 36 18 23 >tor/ lomms :inance 20 20 Construction 11 17 'rot lotels/Rsts iervices87 words
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Article122 2008-05-03 11 MAIN SDQ TOTAL MAIN SDQ TOTAI lulti Ind 23,437 23,437 121,561 121,561 larur facturing 437,525 57,218 494,743 412,132 5,116 417,248 lommerce 55,599 4,488 60,087 95,181 642 95,823 'pt/Stor/Comms 110,164 4,591 114,755 354,909 1,358 356,267 :i nance 63,728 1,000 64,728 620,589 200 620,789 lonstruction 27,051 27,565 54,616 7,333122 words
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Article33 2008-05-03 11 tod name lose iani lapitaLand 7.090 +0.300 lap .orp irp Jerri Fppel .orp >ppel irp tod name lose lan; Olam 2.690 +0.010 ■ngg JefiTl .orp JefiTl >mg imar 'angzijiang33 words
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Article2070 2008-05-03 11 BONDS WARRANTS Tel Code Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left 2036 Advance SCT Ltd W*****9 4 9092 Asia Environment W*****4 11.5 4014Capitaland BNP ECW*****8 32 3666Capitaland BNP ECW*****9 14 3762 Capitaland BNP ECW*****0 6.5 3802Capitaland BNP ECW*****4 9.5 37632,070 words
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Article2213 2008-05-03 11 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 offer2,213 words
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Article81 2008-05-03 11 52-Wk Tel High Low Code Last Sale Vol COOP) Day Ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hi. 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** *****81 words
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Article82 2008-05-03 11 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 >an' Hii 139 63 6000 AVJennings 215 55 6134 Over&Gen 605 175 6017 StarCruises 320 199 6019 TanChonglnt A735cri +25 A105 -05 US20 -0582 words
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GREATER CHINA/INDIA
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Article, Illustration855 2008-05-03 12 -AFP Modern art has become as desirable as luxury goods for Asian consumers [HONG KONG] A pioneering art fair in Hong Kong is expected to attract 15,000 potential buyers, reflecting how modern art has become as desirable for many Asian consumers-AFP; AFP - 855 words
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275 2008-05-03 12 Reuters [DHAKA] Bollywood megastar Amitabh Bachchan and his celebrity family members have all tentatively agreed to take part in a film based on the life of Bangladesh's founding leader, Sheikh Mujibur Rahman, local media said on Thursday. Amitabh will take the role of Mujib– Reuters - 275 words
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Article, Illustration487 2008-05-03 12 Bloomberg [NEW DELHI] India's inflation accelerated at the fastest pace in more than three years, vindicating the central bank's decision to order commercial lenders to increase reserves twice last month. Wholesale prices rose 7.57 per cent in the week ended April 19Bloomberg; REUTERS - 487 words
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588 2008-05-03 12 -AP Police to keep scantily clad dancers out of public view [NEW DELHI] The foreign cheerleaders were brought in to show India's cricket fans how to shake their pompoms but not everyone was impressed. The New Delhi team said on Wednesday that it was-AP - 588 words
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465 2008-05-03 12 -AFP [BEIJING] Doctors in China struggled to contain the spread of an intestinal virus that has infected more than 3,300 children, killing 21 of them so far, state press reported yesterday. The latest death occurred in the city of Fuyang in Anhui province, the-AFP - 465 words
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169 2008-05-03 12 -AFP [LONDON] China has built a major underground nuclear submarine base on the southern tip of Hainan island, The Daily Telegraph reported yesterday. The newspaper said Jane's Intelligence Review, a respected defence periodical, obtained satellite images of the base, adding that the photos-AFP - 169 words
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Page 12 Advertisements
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Advertisement42 2008-05-03 12 r. FIND THE ONES PH nTUTHATFIT! h Q __J Recruit the right people 1 through CATS Recruit. ——v ===<=T" j 3 C Call 1800 289 8822 or email P I recruit@sph.com.sg r~^J to advertise. pj i^ IS I V/*> RECRUIT \^y\ /^~*S42 words
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CHINA SKYLINE
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Article, Illustration1458 2008-05-03 13 DAVID BARBOZA - DAVID BARBOZA ■NYT The main Olympic stadium, nicknamed the Bird's Nest is already widely admired for its striking appearance and its use of an unusual steel mesh exterior. But dazzling monuments shield starker reality as China's historical and cultural symbols make way for expressways and■NYT; PHOTOS: AFP - 1,458 words
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ASIA-PACIFIC/WORLD
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407 2008-05-03 14 Reuters Sub-committees will work on principles and get a draft done by October deadline [WASHlNGTON] The International Monetary Fund (IMF) and 25 sovereign wealth funds (SWFs) on Thursday established an International Working Group (IWG) to draft the first-ever best-practices guidelines for the– Reuters - 407 words
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537 2008-05-03 14 Reuters [NUSA DUA, Indonesia] South-east Asian trade ministers met yesterday for talks on how to respond to soaring rice prices, after US President George W Bush proposed US$77O million in new US food aid to stave off a global food crisis. The weekendReuters - 537 words
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Article, Illustration478 2008-05-03 14 1 Hh tight tor the podium places has taken another turn overnight and the excitement has cranked up a notch as Hull Humber made excellent ground to put themselves right back in contention, snatching the top spot from Glasgow: Scotland with style Clipper. New York and Glasgow: ScotlandPhoto: ONEDITION - 478 words
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407 2008-05-03 14 ■NYT [WASHINGTON] The House Financial Services Committee on Thursday pushed forward an aggressive effort to help troubled homeowners, approving legislation that would make up to US$3OO billion in federally insured loans available to refinance the mortgages of borrowers in danger of foreclosure.■NYT - 407 words
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Article, Illustration434 2008-05-03 14 ■AP [WASHINGTON] The Federal Reserve yesterday announced that it will expand a series of efforts to deal with the global credit crisis, in coordination with European central banks. The Fed said that it was boosting the amount of emergency reserves■AP; REUTERS - 434 words
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Article, Illustration353 2008-05-03 14 -AP [LONDON] Prime Minister Gordon Brown's Labour Party was headed yesterday toward its worst local election defeat in four decades, bleeding council seats from traditional strongholds and fuelling doubts about Mr Brown's ability to lead his party to victory in a general-AP; REUTERS - 353 words
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364 2008-05-03 14 Bloomberg [NEW YORK] Billionaire Warren Buffett's Berkshire Hathaway Inc faces a probe by Connecticut's attorney general for possible conflicts created by owning almost 20 per cent of credit ratings company Moody's Corp while also running a new municipal bond insurer. Connecticut is investigating the– Bloomberg - 364 words
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MOTORING
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Article, Illustration754 2008-05-03 15 CV CHEW - Big and showy, the new BMW X6 is aimed at people who aren't interested in off-roading, writes CY CHEW NEED versus want. The struggle has prevailed through the ages. New niche products that pander to our whims and fancies are constantly created. And the new BMW X 6754 words
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Article, Illustration802 2008-05-03 15 JOE YEO checks out three alternative people carriers THINK "large Japanese MPV" and models like the Honda Odyssey, Toyota Previa, Nissan Presage and Mitsubishi Grandis immediately come to mind. But think out of the box to include parallel-imported models and the choices become less obvious. That's because Japanese802 words
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Article, Illustration506 2008-05-03 15 JOE YEO - JOE YEO FIVE years on and after a million DSG units were produced, Volkswagen has introduced the second iteration of its clever Direct Shift Gearbox. This innovative twin-clutch gearbox now has seven speeds an additional gear over the version found in VW models like the506 words
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Page 15 Advertisements
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GOLF
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Article, Illustration1590 2008-05-03 16 With more people taking up golf or wanting to improve their game, there are plenty of opportunities for both local and overseas coaches, reports JUSTINE MOSS ROP by any driving range or golf club and you'll see a familM iar scene teaching profesI1,590 words
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Page 16 Advertisements
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Advertisement747 2008-05-03 16 Wine&dine with weekendBT Chatterbox in town. Complete your meal with an assortment of ranging from $48++ to $70++ per person or $448++ For reservations or enquiries, please call 6826 8240 or 999 n i, j d j it t if j <?■ delicious desserts or a glass of wine from747 words
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WELLNESS
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Article, Illustration1376 2008-05-03 17 CHEAH UI- HOON - Specialised Lasik centres target markets in Singapore and beyond, reports CHEAH UI-HOON EDICATED Lasik centres here are setting their sights on treating myopic I eyes in Singapore and be- yond. The US may be seeing a slowdown in Lasik procedures due to the weakJOSEPH NAIR - 1,376 words
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HEALTH BEAT
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Article143 2008-05-03 17 SEVEN out of 10 office workers suffer from pains due to bad posture, according to a Singapore General Hospital survey in 2005. And now there's BeauS to help correct posture. It's a "jacket" you can wear to coax back stooped shoulders and tuck in the tummy. Catering143 words
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Article, Illustration139 2008-05-03 17 CHEAH UI- HOON - CHEAH UI-HOON BRUSHING your teeth after meals might do your teeth more harm than good in the long run. Acid erosion has been identified by oral care experts as the next biggest dental problem after tooth decay and gum diseases. Acids present in fizzy139 words
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Page 17 Advertisements
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Advertisement32 2008-05-03 17 •^i >m Kfl R where dreams become REALITY ~=^fSh> ml H 00^ Call U5:6749 1119/6473 1119 Ne w use d c ar AML #02-1 6/1 7/18 356 A/V/W ALEXANDRA RD Mofor inTranoe32 words
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Page 17 Miscellaneous
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Miscellaneous303 2008-05-03 17 CRYPTIC CROSSWORD ACROSS 4 Where currency is equally di--1 Teach a pupil without discip- vided (9) line (8) 5 A record? Yes, of course (7) 6 Worker about to fight 6 One French port is a key to watch out (6) the others (5) 9 Mission to go wrong and303 words
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SHOPPING
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Article, Illustration649 2008-05-03 18 LIM SIO HUI - This year's Milan Furniture Fair showcased a new seating concept by designers and manufacturers worldwide, says LIM SIO HUI F you still think that four legs plus a cushioned seat make a chair, well, you'll be surprised at what the furniture forecasts look like. At this649 words
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Article, Illustration548 2008-05-03 18 CHRISTOPHER LIM - They're light-weight and HD-capable, writes CHRISTOPHER LIM ONCE upon a time, enthusiastic parents who wanted to capture precious videos of their rapidly growing children had to pay thousands of dollars for huge, heavy camcorders that used tapes. Videocams have shrunk dramatically since then, but548 words
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PERSONAL SPACE
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Article, Illustration1102 2008-05-03 19 Who would know better than the executive chairman of Friven Co, a store which sells lifestyle accessories. CHEAH UI-HOON reports WHEN your business is about selling lifestyle wares, it's best to "test-drive" them yourself, and rope in discerning members of your extended family like thePHOTOS BY ARTHUR LEE - 1,102 words
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THE BUSINESS TIMES weekend
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Article, Illustration2517 2008-05-03 20 There may be many Michelin-starred restaurants in this Spanish seaside town but the ones that warm JAIME EE's heart are those with a homey touch and honest-to-goodness cooking SO THERE we were one morning in a San Sebastian tapas or pintxos as they are2,517 words
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Page 20 Miscellaneous
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Miscellaneous10 2008-05-03 20 SHOPPING Shape of seats A to come I Page 1810 words
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