The Business Times, 5 May 2008

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Total Pages: 32
1 32 The Business Times
  • 21 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg a Singapore press holdings publication coregnnoi9B4o2B6BE mica (p) 122/12/2007 Monday, May 5,2008
    21 words
  • 853 1  -  CONRAD TAN Higher costs, lower investment income and lack of one-time gains to blame By [SINGAPORE] Higher costs, lower investment income, and the lack of large asset revaluation gains or tax write-backs have ensured that corporate earnings reported so far for the
    853 words
  • 930 1  -  KALPANA RASHIWALA Temasek unit wraps US$6OO million first close of new India-China fund By [SINGAPORE] Mapletree Investments' total asset size, comprising assets under management as well as on its own balance sheet, has nearly doubled to around $10.5 billion inclusive of the
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 42 1 BizlT COMMENTARY SINGAPORE BUSINESS S f VIEWS FROM Semicon machinery Why shareholding SBF sees more member THE TOP spending to fall transparency is important participation CEOs on raising green page 32 page 4 page 3 if awareness pages 10 11 Chinese delights
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 71 2 JUST over half of Singaporeans surveyed in a recent poll describe their country as a "good" place to live and work, while a further 23 per cent rated the Republic as "world-class". In total, 86 per cent said they were at least "satisfied" with
        71 words
      • 81 2 SHIPBUILDERS, property trusts and companies related to the construction and oil and gas industries mostly reported strong earnings growth in the first three months of the year, boosted by strong demand and high property prices. Among the firms that saw the biggest percentage jump
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      • 95 2 THIS morning was a landmark occasion for Scotland's renowned Queen Margaret University, as students began classes for the first time at its Asia campus in Singapore the first full-fledged overseas site by a British institution to open in Singapore. The 133-year-old QMU's presence,
        95 words
      • 91 2 STATE budget officials said New York's economy was slipping into a recession that could last till early next year and prove worse than the recession looming before the country as a whole. Laura Anglin, the budget director for governor David Paterson, said that
        91 words
      • 103 2 MALAYSIA yesterday said that it was considering using its chip-based national identity card to prevent visitors from Singapore and Thailand from buying cheap subsidised fuel meant for locals. Its latest plan comes as the government begins radically reviewing its fuel
        103 words
      • 70 2 CHINA'S securities regulator said it would strengthen the supervision of initial public offers of shares to reduce wildly speculative trade that contributed to a stock market crash. "We will improve the mechanism for consulting on prices, since having the prices decided by market factors
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      • 105 2 THE first phase of the development of the Seletar Aerospace Park is on track and detailed plans are already in place to cater to the needs of both existing and new tenants. JTC Corp, which is spearheading the redevelopment of the
        105 words
      • 78 2 SPENDING on new machinery by semiconductor companies in South-east Asia is expected to decline by around 11 per cent this year due to the recent push outs and delays in fab projects in Singapore, according to the semiconductor industry association SEMI. The organisation tracks
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    • 827 2  -  ANDREW MARKS WALL STREET INSIGHT That could translate into a pull-back, as the market mulls how far it has come By in New York SINCE the third week in March, when the US stock market began a rally that saw
      827 words
    • 754 2 Reuters Internet firm may announce deal with Google this week [SAN FRANCISCO] Microsoft Corp walked away from its bid to buy Yahoo Inc on Saturday after the Internet company turned down its offer to raise the price by US$5 billion to U5547.5 billion. Microsoft's
      – Reuters; AP  -  754 words
    • 674 3  -  CHUANG PECK MING Next phase will see greater participation from members, says new CEO By [SINGAPORE] Six years into its existence, the Singapore Business Federation (SBF) is now entering the next stage of its development with a new man at the helm. "We are
      ARTHUR LEE  -  674 words
    • MARKETS DIGEST
      • 48 3 Weekly 3,236.10 hange +46.90 IT Index 1COMP 1,271.48 -16.60 IIKKEI225 14,049.26 +185.79 IANG SENG 26,241.02 +724.24 ;et index 843.15 +10.96 IAKARTACOMP 2,342.76 +102.18 1ANILA COMP 2,722.95 -54.98 ;eoulcomp 1,848.27 +23.59 ;henzhenb 572.14 +2.32 IUMBAI IND 17,600.12 +474.14 )OW 13,058.20 +166.34 IASDAQ 2,476.99 +54.06 ;&P 500 1,413.90 +16.06
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      • 29 3 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.806 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.69 INDIA 12.25 Source:
        Bloomberg  -  29 words
      • 41 3 US$ :s$ us$: 1.364 (US$/S$ per 1.984 2.706 EURO (US$/S$/E) 1.547 2.109 YEN 104.70 76.80 RM 3.165 2.321 HK$ 7.797 5.718 BAHT 31.71 23.25 RUPIAH 9,235 6,772 RENMINBI 6.989 5.125 INDIAN RUPEE 40.68 29.83 A$ 1.075 0.789 NZ$ 1.284 0.942
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    • 649 3  -  LEE U-WEN Survey also shows 77% want greater say in how to improve country By [SINGAPORE] Just over half of Singaporeans surveyed in a recent poll described their country as a "good" place to live and work, while a further 23 per cent rated
      649 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 53 3 Independent industry experts take a closer look at the impact of the US economic crisis on the global housing market and identify the next property hot spots. Singapore I 12 13 May I Asian Civilisations Museum 7.00-9.00pm I A registrations fee of SGDSO applies. To register or for more information
      53 words

  • COMPANY NEWS
    • 695 4  -  CONRAD TAN Smaller firms also gained from boom in construction, oil gas industries By SHIPBUILDERS, property trusts and companies related to the construction and oil and gas industries mostly reported strong earnings growth in the first three months of the year, boosted by strong
      695 words
    • 778 4  -  R SIVANITHY THE move last week by the Hong Kong Exchange to allow anyone to go online and check the identities of shareholders in any Hong Konglisted company free and for periods up to one year ago in the past was probably initiated in response
      778 words
    • 720 5  -  Lim Yann Ling Back from the Finance Scholarship Programme, UOB trader Charles Chua is driven by adrenaline rush and pumped-up action By DEAN'S list, Vice-Chancellor's list and firstclass honours Mr Charles Chua was "on top of the world" when he graduated from the National University of Singapore
      720 words
  • Page 4 Advertisements
    • 198 4 Established in 1992, HISAKA has transformed itself into an Invitation in respect Of 90,000,000 Shares automation solutions provider specialising in mechanical motion (LAnnnnnn Maiu ek,. a anr l products. Recognised as an automation specialist, HISAKA has also Comprising 64,000,000 New Shares and received the Enterprise 50 and SME 500 awards
      198 words
    • 15 4 Take your business j yf*mbeyond the boardroom Jl"^ jfr Chinese Restaurant c come together pett^
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  • Page 5 Advertisements
    • 280 5 *D/^ 4-V\/"v As a trained actuary, Trained in With specialized j(~ jr~ lam an expert in quantitative finance, knowledge in risk actuarial risk management, I excel in management, I work on creating models to structuring, evaluating sophisticated models analyse future financial and trading new to assess and manage m M
      280 words

  • SINGAPORE MARKETS
    • 717 6  -  R SIVANITHY STOCKS IF this has been a bear market rally, it will certainly go down in history as one of the strongest since a closing low of 2,792 on March 17, the Straits Times Index has risen 444
      717 words
    • 2520 6 Payment Ex Books Pay date close date 8Telecom Intl bn 0.123 06-May 08-May 22-May ABR Hldi ak 0.500 07-Maj 09-Maj 28-M; action Asia ak 0.500 06-Mai 08-Ma^ 20-M; idami ak 0.700 05-Mai 07-Ma^ 23-M; Adam| )ak bh 0.550 05-Maj 07-Maj 23-M; idvance Hldi ak 0.750 28-30-A[ 14-M; Advance
      2,520 words
    • 1808 6 Source: Reuters Consensus No. of Forecast Mean Fri'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 4.55 0.50 0.34 Jlco Comm REIT 2.25 2.25 5.74 14.11 1.10 0.83 Jl' ireen Pro lies 2.36 2.10
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    • 4 6 WEEKLY
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    • 54 6 May 2 VALUE CLOSE 410.00+63.00 BT OB/OS BT CADI -*****.00 +140.0 BT 10-day MA -*****.00+41.00 FTSE ST Mid Cap 822.28+19.91 FTSE ST Small Cap 676.08 +9.57 FTSE ST All Share 824.65 +20.71 FTSE ST China 494.12 +13.28 UOB Catalist 150.85 -0.33 SiMSCI 400.93+ 10.39 SiMSCI Future 399.30+
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    • 60 6 VOLUME Jade Tech 172,239,000 CoscoCorpMßLeCWoBoBol 142,156,000 CoscoCorpDßeCWoBo929 139,260,000 Cosco Corp 136,880,000 China Honqxinq 131,465,000 Golden Agri 118,107,000 Sing Tel 104,884,000 GMG Global 97,588,000 CoscoCorpMEßeCWoBo9lB 93,786,000 ChinaEnerqy 92,499,000 VALUE(S) Keppel Corp 580,509,792 DBS Grp 476,455,053 SGX 441,997,860 Cosco Corp 441,677,540 Sing Tel 408,455,060 UOB 339,883,479 Capita Land 316,057,515
      60 words
    • 115 6 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE UP 3296 136.3 3.1 JMH China H 10US$ 1895 94.1 3.: Great Eastern 1738 88.0 5.3 UOB 2130 70.0 3.4 Venture Cori 1170 64.0 5.: UOBMBLJCW*****0 802 53.0 7.1 JSH 1768 38.2 1.6 Jardine C&C 1712
      115 words
    • 104 6 CLOSE DOWN 8460-346.2 -2.9 GLD 10US$ Novo Gr| 20-280.0 -93.3 DBSBk6% NCPS 10 *****-222.0 -2.0 BMT 1880-120.0 -6.0 Kei Cori 1052 -38.0 -3.5 CIMBAsean40 100US$ 953 -28.6 -2.2 wsGrou 75.5 -27.5 -26.7 Asia Pac Brew 1314 -24.0 -1.8 Swiber 259 -19.0 -6.8 NATSTEEL Ltd 142 -16.0 -10.1 BY PERCENTAGE
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    • 84 6 Where S$ stands May 2 CHNG CLOSE FRApr30 YR2008 S$ LOW S$ HIGH USS 1.3630 -0.15 1.4542 1.3457 Euro 2.1102 0.23 2.2064 2.0474 Pounds 2.7087 -1.14 2.8431 2.6568 AS 1.2714 -0.06 1.3235 1.2349 Yen* 1.3018 0.40 1.4484 1.2832 Rill liah* 0.***** -0.15 0.***** 0.***** Baht* 4.2983 -0.15 4.4299 4.2620
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  • COMPANY NEWS
    • 667 7 Reuters He has to expand the bank beyond Spore, HK; weather global turmoil FOR Richard Stanley, Singapore's attraction goes far beyond the realm of his Citibank career in the city-state. He found love on the island, a former Miss Singapore who became
      – Reuters  -  667 words
    • 194 7 STANDARD Poor's has assigned 888 rating to two sets of convertible bonds for $1 billion and $430 million issued by Capita Land in 2007 and 2006 respectively. The rating assignment, which was not solicited by Capita Land, on the bonds comes after S&P's
      194 words
    • 264 7 MATURITY YEAR RAISED DATE COUPON RATE (%p.a.) AMOUNT ($m) INTEREST PAYMENT DATES OF DAYS OF ACCRUED INTEREST PRICES* (EXCLUDING ACCRUED INTEREST) I REDEMPTION YIELD (%p.a.) ISIN CODE 11.07.2008 NX*****H 1998 5 5/8 4800.00 1/1 1/7 120 100.79 0.96 SG********** 5.01.2009 NX*****S
      264 words
    • 325 7  - MicroMechanics Q3 net up 22% to $2.1m WINSTON CHAI By SIZZLING sales in China, Europe and Malaysia helped counter a seasonal slowdown and gave Micro-Mechanics' fiscal third quarter earnings a 22 per cent boost. The supplier of precision tools and parts to semiconductor companies registered a net profit of $2.1
      325 words
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  • SINGAPORE MARKETS
    • 1410 8  -  ROBERT HALILI INSIDE MARKETS Fund manager transactions still negative; buyback activity remains low, involving 4 firms By THE buying surged while the selling by directors and substantial shareholders was flat last week based on filings during the holi-day-shortened week of April
      Asia Insider Limited  -  1,410 words
    • 2779 8 Transaction date: May 2 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ Aeon Credit Aeon Stores Angang Steel Anhui Conch Anhuiexpressway Asia Satellite Asm Pacific Bank Of E Asia Beida Jade Bird Beijing
      2,779 words
    • 119 8 Stock name Close Change Cai i Land 7.090 +0.300 Cai iMall 3.620 +0.140 Cit' 12.500 +0.400 Cosco Con 3.370 +0.210 DBS Gri 20.240 +0.380 FSN 4.940 +0.160 Gent Intl 0.610 HKLand 4.800 +0.260 JSH 17.680 +0.340 Jardine CSC 17.120 +0.500 Con 10.520 +0.201 Land 6.000 -0.060
      119 words
    • 105 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 5 9 4 0 0 0 5 9 4 Manufacturing 86 104 39 16 20 94 120 59 Commerce 28 32 20 37 41 23 r/G 21 11 22 10 11 Finance 19
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    • 120 8 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 111,823 111,823 727,522 727,522 Manufacturini 1,411,162 256,913 1,668,075 1,359,429 21,601 1,381,030 Commerce 205,170 20,298 225,468 286,147 3,116 289,263 ]t/Stor/Comms 409,055 7,509 416,564 1,298,528 2,183 1,300,711 Finance 175,199 3,515 178,714 1,653,619 703 1,654,322 Construction 132,939 48,602 181,541 30,016 2,443 32,459
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      195 words

  • VIEWS FROM THE TOP
    • Article, Illustration
      3775 10  -  Noboru Oi Not enough has been done BUSINESS executives in Singapore and the region have certainly become more aware of the threat to our environment over the past one year. I attribute this to more media coverage on the matter and the climatic changes that have taken place.
      3,775 words

  • Page 11 Advertisements
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      92 words

  • SINGAPORE NEWS
    • 484 12  -  LEE U-WEN It is the latest addition to the global schoolhouse initiative By THIS morning was a landmark occasion for Scotland's renowned Queen Margaret University (QMU), as students began classes for the first time at its Asia campus in Singapore the first full-fledged
      484 words
    • 422 12  -  SIOW LI SEN It's boosting local sales team, eyeing large-risk sectors By ROYAL Sun Alliance Insurance aims to grow its business here by 25 per cent this year, riding on Singapore as a major insurance hub where much of Asia's construction projects
      422 words
    • 237 12  -  CHEWXIANG By SENIOR Minister Goh Chok Tong will lead a visit to Libya from today until Thursday, accompanied by officials and a 19--member business delegation. The official four-day visit is at the invitation of the Libyan government. Mr Goh will be accompanied by
      237 words
    • Article, Illustration
      95 12 HALF an hour that's all it took for 3,000 goodie bags filled with baby products and snacks to be snapped up by the lunch-hour crowd at Raffles Place recently. The event was a one-day drive by Standard Chartered to raise public awareness of the new features of
      95 words
  • Page 12 Advertisements
    • 1173 12 adampak' ADAMPAK LIMITED (Registration Number: *****0079 M) (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Company will be held at 6 Loyang Way 4 Singapore *****5 on 28 May 2008 at 10.00 a.m. for the purpose
      1,173 words
    • 826 12 ROBINSON COMPANY LIMITED Co Reg. No. *****0011H (Incorporated in the Republic of Singapore) LOST STOCK CERTIFICATES The undermentioned stock certificates have been reported lost, destroyed or mislaid: Name Certificate No. No. of Stock Units Hsu Hwei Fen *****E 1 x 666 Estate of Koay Theam Soo, *****1 1x639 deceased Lee
      826 words
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  • INVESTING
    • 953 13  -  JANE BRYANT QUINN Bloomberg By INVESTING in emerging markets isn't optional anymore. Globalisation means that countries once thought of as marginal are central to any smart investment plan. What's still optional for now, at least are markets characterised as "frontier". Frontier markets are
      – Bloomberg; BLOOMBERG  -  953 words
  • Page 13 Advertisements
    • 377 13 a I// MOMS DESERVE THE BEST... wk at the Meritus Mandarin, treat your mom to an exquisite Chinese set menu, or delight her with a scrumptious buffet spread. Pine Court Chinese Restaurant's set menu from $85++ per person. Triple 3's buffet from $60++ per person. MERITUS MANDARIN SINGAPORE www.mandarin-singapore.com For
      377 words

  • dining OUT with citibank
    • 2884 14  -  JAIME EE, CHEAH UI-HOON GEOFFREY EU HUA TING Orchard Hotel, 442 Orchard Rd Tel: 6734-7766 HUA Ting has been on the consciousness of every Cantonese food lover in Singapore for as long as master chef Chan Kwok has been at its helm. The Orchard Hotel's flagship restaurant's decor
      2,884 words
    • 826 15  -  JAIME EE POWER Lunch Harold Koh's favourite Chinese restaurants: 'The restaurant I choose depends on my mood, the people I'm dining with, or just a craving. I like Cantonese food so my favourite restaurants for entertaining friends or family would be Hua Ting
      JOSEPH NAIR  -  826 words
  • Page 14 Advertisements

  • Page 15 Advertisements
    • 42 15 Please refer to citibank.com.sg for full details. Indulge in over 700 gourmet pleasures with your Citibank credit card. For more gourmet treats, visit: citibank.com.sg fe^l Mobile Gourmet I*UJ citibank.com.sg/singapore/gpmobile gourmet pleasures this week 4 11 H\p3 Pj Brought to you by citibank
      42 words

  • ECONOMY WATCH
    • 680 16 ■NYT More budget cuts required as tax revenue forecasts are pessimistic [ALBANY, New York] State budget officials said last Thursday that New York's economy was slipping into a recession that could last till early next year and prove worse than the recession looming
      ■NYT; AFP  -  680 words
    • 394 16 Reuters [CRAWFORD, Texas] US President George W Bush sought to assure Americans on Saturday that federal cheques en route to them as part of a stimulus plan will help spur the ailing economy and pay for soaring gas and food prices. "These rebates will deliver
      – Reuters  -  394 words
    • 248 16 Reuters [WASHINGTON] Bankruptcy filings by US consumers jumped 47.7 per cent in April from one year ago as families cope with fallout from the sub-prime mortgage crisis, the American Bankruptcy Institute said on Friday. The 92,291 bankruptcy filings in April also marked an increase of
      – Reuters  -  248 words
    • 399 16 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 of America
      399 words
    • 243 16 Reuters [MADRID] Japan's underlying inflation excluding food and energy is still very low and there is no reason to worry about the country's inflation outlook, the International Monetary Fund's (IMF) Asia director said last Saturday. Japanese annual inflation jumped to a decadehigh of 1.2
      – Reuters  -  243 words
    • 1075 16  -  ALAN BLINDER -NYT COMMENTARY And the buzzword has to be regulation, especially in mortgages By PART of the New Deal in the United States was a new financial deal. The shameful shenanigans leading up to the 1929 stockmarket crash and the frightening wave
      -NYT  -  1,075 words

  • MALAYSIA
    • 424 17 -AFP [KUALA LUMPUR] Malaysia yesterday said that it was considering using its chip-based national identity card to prevent visitors from Singapore and Thailand from buying cheap subsidised fuel meant for locals. Its latest plan comes as the government begins radically
      -AFP; AFP  -  424 words
    • 298 17 -AFP [KUALA LUMPUR] Malaysia's prime minister is not yet prepared to introduce a minimum monthly wage despite mounting pressure from trade unions amid inflationary fears, reports said yesterday. The country's top union chief on Thursday called for pay of at least RMsl,2oo (Sssl7) to
      -AFP  -  298 words
    • 630 17  -  S JAYASANKARAN MALAYSIA INSIGHT XL can take steps to beef up revenue, stop leakages to rich KUALA Lumpur is between a rock and a hard place. Last year, when global oil prices averaged around US$7O a barrel, the government spent almost RM$53 biUion (5522.8 biUion)
      630 words
  • Page 17 Advertisements
    • 313 17 Date This seminar highlights from an international tax planning 13 May 2008 (Tue) perspective, how the Netherlands could be central to your investments into Western Europe, whether you are planning to Time invest into the region or are already operating there. 2pm-spm Who Should Attend (CPE hours can be claimed)
      313 words
    • 127 17 h f iffiiittduMttKiES Terms Conditions Fares shown are per person for a round trip on Business Class. Sales Period is from 14th April to 14th May 2008. Ticket must be issued within 7 days /upon confirmation of booking or by 14th May 2008 whichever is earlier. Travel Period is from
      127 words

  • FOOD WOES
    • 792 18 -AFP They are adopting new policies or shifting old ones to ease the supply crunch [HONG KONG] Rationing, subsidies, price-fixing cartels, export curbs you name it, governments across the world are trying it out as they seek to shield their populations from the
      -AFP  -  792 words
    • 1119 18 Reuters [SINGAPORE] If farmers think that they have a tough time producing enough rice, wheat and other grain crops, global warming is going to present a whole new world of challenges in the race to produce more food, scientists said. In a warmer world
      – Reuters; REUTERS  -  1,119 words
    • 445 18 -AFP [PARIS] Researchers in China have pinpointed an elusive gene that plays a linchpin role in determining the harvest potential of rice, according to a study released yesterday by the journal Nature Genetics. The productivity of a rice plant is determined by several
      -AFP  -  445 words
    • 711 18 Reuters [BANGKOK] A proposed "Opec-style" rice cartel in South-east Asia will go nowhere due to the inability of governments to cooperate with each other and control output from their farmers, analysts and traders said on Friday. Thai Prime Minister Samak Sundaravej, a
      – Reuters  -  711 words

  • GREATER CHINA
    • 491 19 Reuters It makes move to reduce wildly speculative trade [SHANGHAI] China's securities regulator said that it would strengthen the supervision of initial public offers (IPOs) of shares to reduce wildly speculative trade that contributed to a stock market crash. "We will improve the mechanism
      – Reuters  -  491 words
    • 673 19 AFP Lack of credibility and transparency in legal system seen hampering progress [SHANGHAI] China is flush with entrepreneurs boasting newly acquired riches, but young investor Chen Hao believes a key ingredient is still missing from the country's modernising economy: more venture capitalists. "We
      AFP  -  673 words
    • 102 19 Reuters, AFP PHOTOS: [SANYA] Thunderous applause and cheers greeted the Olympic torch yesterday as it began the first leg of its marathon relay through China after an overseas journey marred by protests. "Go China," people lining the streets chanted, waving Chinese flags as the flame
      Reuters, AFP; XINHUA  -  102 words
    • 362 19 Reuters [MADRID] China must remove capital controls gradually and let its yuan currency rise for the long-term benefit of its domestic industries, officials from the Asian Development Bank and International Monetary Fund said on Saturday. David Burton, director of
      – Reuters  -  362 words
    • 621 19 -Reuters But potential flashpoints remain for Hu Jintao's visit to Japan [TOKYO] Ten years after a disastrous visit to Japan by China's top leader dominated by their bitter wartime past, Beijing and Tokyo are keen to avoid a rerun
      -Reuters  -  621 words
    • 335 19 Xinhua [BEIJING] The slowing growth of China's main inflation indicator is set to continue in the April figures, thanks to falling farm produce prices, market analysts said yesterday. The consumer price index (CPI), which hit 8.7 per cent for February and 8.3 per
      Xinhua  -  335 words

  • INDIA
    • 631 20 Reuters Developers target young workers as sales of high-end homes slow [MUMBAI] Indian property investors are targeting lower to mid-end houseowners in the booming economy now that sales of plush apartments have slowed. With the number of families earning
      ■ Reuters; i AFP  -  631 words
    • 387 20 Reuters [NUSA DUA, Indonesia] India is close to clinching a free trade deal with South-east Asian nations, spurred on by a bleak global economic outlook and rising food prices, the country's trade minister said on Saturday. "We are on the last mile
      Reuters  -  387 words
    • 600 20 Reuters [KOLKATA] India's top lender, State Bank of India, posted a better-than-expected 26 per cent rise in quarterly net profit as access to low-cost funds helped cushion tighter margins and nudged its shares up more than 3 per cent.
      – Reuters  -  600 words
    • 204 20 Reuters [SINGAPORE] India's Adani Group is planning a US$l-1.5 billion initial public offering of its power unit, making it the first company to come to market since the chaotic debut of Reliance Power in February, the Financial Times reported on Friday. Adani
      ■ Reuters  -  204 words
    • 275 20 Bloomberg [NEW DELHI] India got a record U5524.57 billion of foreign direct investment in the fiscal year to March 31, helped by government policies that allowed foreign companies higher stakes in local units. India received US$l5.7 billion of overseas investment in the year-ago
      Bloomberg; BLOOMBERG FILE PHOTO  -  275 words
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  • ASIA-PACIFIC/WORLD
    • 638 21 -AFP, Reuters Deal to replace arrangement of mainly bilateral currency swaps [MADRID] East Asian finance ministers took a step forward on Sunday towards the creation of a full scale Asian monetary fund when they reached an agreement to upgrade the existing arrangement of mainly
      -AFP, Reuters; REUTERS  -  638 words
    • 489 21  -  GREG LOWE By in Bangkok THE Asia-Pacific's tourist trade made first steps towards tackling climate change at an industry level, at a Bangkok conference last week. Pacific Asia Tourism Association (Pata) organised the two-day Pata CEO Challenge: Confronting Climate Change, in Bangkok, last Tuesday and
      489 words
    • 448 21 Clipper Ventures AFTER cashing in their offshore advantage, Liverpool 08 is neck-and-neck with Jamaica with less than half the race left to run. Durban 2010 and Beyond has opted for the inshore route which, based on their daily runs, is not producing the gains
      Clipper Ventures  -  448 words
    • 278 21 AFP [SYDNEY] Australian Prime Minister Kevin Rudd said yesterday his first budget as leader would contain unpopular decisions, even as he committed to providing billions of dollars in tax cuts. The centre-left Labour leader, who ended 11 years of conservative rule with
      AFP  -  278 words
    • 228 21 Reuters [LONDON] Private equity firm Texas Pacific Group is considering a bid for Royal Bank of Scotland's insurance arm, a source familiar with the matter said on Friday. The unit could be worth £8 biUion (5521.5 billion). "TPG is doing its homework
      ■ Reuters  -  228 words
    • 626 21  -  ANTHONY ROWLEY Participants warn of hunger risks to large numbers in Asia By in Madrid THE Asian Development Bank was urged yesterday to make food security a top priority in order to prevent what Indian finance minister Palaniappan Chidambaram said was the
      626 words
  • Page 21 Advertisements
    • 130 21 flk^^Mjfl jB^UJM Get your -V J" M copy from any k ff^^l Spinelli outlet at \sj $5.50 and get a A Wkg^^ complimentary KJJ Spinor Latte! PULSES OUT NOW! The May issue of Pulses is out! Why do several Singaporean entrepreneurs sell the companies that they had successfully built from
      130 words

  • WORLD
    • 677 22 -NYT New rules will create baseline for fairness on how credit card companies operate [WASHINGTON] Federal bank regulators on Friday proposed a new set of rules to make it more difficult for credit card companies to raise rates arbitrarily, conceal high penalty
      -NYT; AFP  -  677 words
    • 218 22 Bloomberg [NEW YORK] Anyone for tea with Alan Greenspan? Joining the former Federal Reserve chairman at the Four Seasons Hotel in Washington currently costs US$ll,OOO in a charity auction. Last year, the winning bid was U5545,000. There's still a week to win. Mr Greenspan's
      Bloomberg  -  218 words
    • 413 22 Reuters Tier 1 ratio may also fall to 4.7% in H1 [LONDON] Barclays pic will likely take £3 billion (558.07 billion) more in writedowns in the first half of this year, as well as raise three £3 billion in equity and pay an interim
      Reuters  -  413 words
    • 655 22 Reuters [OMAHA] Warren Buffett said on Saturday the US Federal Reserve avoided financial market "chaos" in coordinating the March bailout of Bear Steams Cos, which faced imminent bankruptcy before agreeing to be acquired by JPMorgan Chase Co. The central bank, led by chairman
      Reuters  -  655 words
    • 754 22 Bloomberg, AP Investors allowed to exit the USs4.sb fund by July 31 [NEW YORK] Citigroup Inc said virtually all the investors in its Old Lane hedge fund will withdraw their money, five months after its co-founder, Vikram Pandit, was named chief executive officer
      Bloomberg, AP; REUTERS  -  754 words

  • AVIATION/SHIPPING
    • 622 23  -  YEN SREENIVASAN Allocation of land to be done in phases as it becomes available, says JTC By [SINGAPORE] The first phase of the development of the Seletar Aerospace Park (SAP) is on track and detailed plans are already in place to
      622 words
    • 698 23 Reuters UAL and US Airways would have to close hubs and slash jobs [CHICAGO] If United Airlines parent UAL Corp and US Airways Group Inc merged, the pairing could result in massive cost savings for the new carrier as well as higher fares
      Reuters; AP  -  698 words
    • 174 23 Bloomberg [CHICAGO] Boeing Co said there hasn't been any further delay in its 787 Dreamliner and that some planes will be delivered about 20 months later than originally scheduled when the company is at peak production. The company responded to a report on Saturday by
      Bloomberg  -  174 words
    • 2516 23 :ity FLIGHT ETA FLIGHT ETD kbu Dhabi EY470 2140 SQ456 1330 Adelaide LH9771 SQ268 1740 LH9770 2345 1740 SQ269 2345 Ihmedabad SQ531 0710 Amsterdam LO4031 0630 AZ3993 2250 5Q323 630 KLLS3S 225C US5410 0630 LO4032 2345 AZ3992 1555 SQ324 2345 KL837 1555 US5411 2345 ttlanta AG5202
      2,516 words
    • 257 23 Reuters [MIAMI] Norwegian Cruise Line Ltd has agreed to plead guilty to a criminal charge of grossly negligent operation of a ship in connection with an explosion that killed eight crewmen on the SS Norway in 2003, US prosecutors said last Friday.
      Reuters  -  257 words
  • Page 23 Advertisements
    • 78 23 AWATA wishes to inform its customers that with regard to operating conditions and size of vessels deployed on the Asia-West Africa range, the members have decided to implement their own BAF quantum. This quantum will be reviewed monthly. For June 2008, the BAF has been fixed at USD 714/teu I
      78 words
  • Page 23 Miscellaneous
    • 332 23 CRYPTIC CROSSWORD across Fl F^H Fl Fl 1 Unselfish in good position in |91^HiH box (11) M- H H Hi H H lijj^ij^ifl 9 Asylum seeker's shouting, T mmm mmm' mmm\ being put on plane (7) 10 'Harry'with permit is deadly MM MM UW MM mM UW' 12 Musical includes
      332 words

  • SINGAPORE STOCKS
    • 6588 24 52-wks Tel |h Low Code Last Sale Vol Week Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E M Cap $mil Hii Com| 5716 1st Software ***** li llil Si?" '5§ S ffi FS P E 25 7.5 1100 AEM ,S SI] S 1 ,r
      6,588 words
    • 69 24 _Hm Low Code Comi Sale COOP) _Hm Low _Buj Seller C'vr P/E Smil 200 116 6065 Diamonds US200d 250 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDRS US6200 US1000 US***** US***** 60 70 100 100
      69 words
    • 2106 24 Hii |h Low Code Comi >an' Sale COOQ) Hii Low By ler Seller C'vr P/E Smil 30 11.5 1181 s AAGrp 41.5 16 5000 sABRHIdgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5
      2,106 words
    • 269 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      269 words
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  • FINANCE & COMMODITIES
    • 366 25 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mai World Index Preliminan 1069.9 1.2 -5.5 1.2 -8.7 1.0 -3.7 EAFE Preliminai 1029.5 1.9 -8.1 1.7 -9.2 1.5 -4.2 Euro[ Preliminan 1417.3 1.7 -8.2
      366 words
    • 130 25 As at 9am May 2 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2630 1.2780 .an dollar 1.3300 1.3460 Euro 2.0960 2.1200 NZ dollar 1.0500 1.0720 iterlini ind 2.6810 2.7110 US dollar 1.3550 1.3710 Local dollars to 100 units of foreign
      130 words
    • 157 25 May 2 $S_ Offer Bid Overnight 7/8 1-month 13/16 2-months 1 1/4 3-months 1 3/8 Overnight mode: 13/16 US$ Offer 3/4 1 1/16 1 1/8 1 1/4 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.60 2.80 2.87 2.90 3.05
      157 words
    • 23 25 May 2 ten STI SIMSCI Ma' 395.5 401 399.3 Taiwan Ma' 346.9 349.7 347.7 Source: MF Global (S) Pte. Ltd
      23 words
    • 22 25 May 2 S$ Bid Offer 1-month 1.3610 1.3624 2-months 1.3591 1.3606 3-months 1.3577 1.3592 6-months 1.3535 1.3552 Source: OCBC
      22 words
    • 155 25 May 2 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2675 1.2690 0.9299 0.9302 Canadian dollar 1.3347 1.3360 0.9792 0.9793 Euro 2.1082 2.1101 1.5467 1.5468 NZ dollar 1.0614 1.0627 0.7787 0.7790 Sterlini 2.7042 2.7071 1.9840 1.984' US
      155 words
    • 336 25 May 2 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun08 Sep08 Dec08 Mar09 97.370 97.345 97.125 96.990 0 0 0 0 ***** ***** ***** ***** EUROYEN FUTURES Jun08 99.135 99.140 Sep08 99.065 99.085 Dec08 99.035 99.035 Mar09 98.960 98.985B Jun09 98.940 98.940 Sep09 98.860B Dec09 Mar10
      336 words
    • 284 25 May 2 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Jun 08 Jul 08 Aug 08 Sep 08 Oct/Dec 08 Jan/Mar 09 398.25 392.75 390.25 388.25 386.25 387.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      284 words
    • 104 25 May 2 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 08 1292.50 1258.75 1300.00 1255.00 Jul 08 1304.50 1271.00 1311.00 1265.00 Aug 08 1292.00 1260.00 1297.00 1289.00 Sep 08 1254.50 1227.00 1257.00 1229.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 56.67 55.76 57.50
      104 words
    • 74 25 CRUDE OIL PRODUCTS May 1 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 109.32 -2.33 WTI(NearMth) 112.54 -2.12 Dubai (1-Mth F) 105.28 -1.7 Tapis blend 117.3 -1.95 Minas 110.05 -1.65 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 105.30 142.00 unch unch USS/barrel Opec Oil Basket Price
      74 words
    • 466 25 May 2 AS CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.950 6.500 0.601 7.251 37.834 85.885 0.974 9.400 2.944 1.194 60.383 39.392 1.268 7.083 0.975 28.318 29.487 0.469 0.930 Canada 1.053 6.844 0.633 7.635
      466 words
    • 88 25 May 2 Period Issue code Maturity Yesterday's Bid Hi' Day's |h Low 3-Month BQ*****A 31.07.08 1-Year BY*****N 04.05.09 0.92 1.05 0.88 0.75 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0F 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****F 3.750
      88 words
    • 78 25 May 2 (US$) (SS) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 3.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths
      78 words
    • 66 25 May 2 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low May 08 3282 3312 3304 3282 24 1035 Jun 08 3296 3332 3332 3296 417 8175 Jul 08 3325 3341 3341 3306 2272 ***** Aug 08 3300 3338
      66 words
    • 168 25 May 2 GOLD (USS/oz) ir30 Ma: 02 GOLD BULLION COINS (Sj) Sellini Hong Kong 866.00 855.00 867.00 856.00 May 01 May 02 London 849.80 855.80 850.50 856.80 Source: Reuters (SS) Selling Buying 1 oz 1301.12 1168 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $455.82 374 SILVER Selling
      168 words
    • 67 25 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2876.50 2795.50 3 months 2920.00 2840.00 Copper, Grade A (USS/tonne) Cash 3 months 8560.50 8410.00 8368.00 8220.00 Lead (USS/tonne) Cash 2569.00 3 months 2585.00 2559.00 2579.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00 *****.00 3
      67 words
    • 83 25 May 2 COCOA (E/tonne) Close Prev Hii ih/Low May 08 1407 1396 1408/1363 Jul 08 1423 1413 1430/1375 Sep 08 1367 1353 1372/1325 Dec 08 1350 1336 1357/1310 COFFEE (USS/tonne) Close Pev High/Low May 08 2104 2122 2159/2100 Jul 08 2126 2145 2195/2119 Sep 08 2130 2143 2191/2124 Nov
      83 words
    • 2918 25 BONDS WARRANTS [el lode Company Pel Code Company Last Sale Last Sale Vol i +or- ("000) I Vol Conv Exer +or- ("000) Ratio Price Conv Exer Ratio Price Prem Expiry Disc Gear- Mths ing Left 4392 DBS SGA ECW*****3 37 1862 Delong Hldgs Ltd W*****8 293 9154 Eastgate Tech W*****1
      2,918 words

  • Page 26 Advertisements
    • 2830 26 m The Business Times Shipping Times M M^M V^H llgjffllin ITg 3MH A WAN hai INTERNATIONAL PTE LTD crn0 **********0/r W A^TV 0H ■."^JSaSSißaißiißl BJgWflfim'^MTTrf @B %rr^\ ■■>■ M TEL6226ISSS (14LINES) FAX:*****163 1 V.^ "^TCTITT^^TCV ■graffifXj IJJK&UJJj V\\M>\A/AM HAI INrN Customer Service/Bookings Direct Une (1800) *****200 BMMH^HMIM^KrcHfj^^U^M BBQBe3iSß*tE*se]jJß V V
      2,830 words

  • Page 27 Advertisements
    • 3475 27 RICKMERS-LINIE »-d*^^ |iTT\ EASTERN CAR LINER. LTD I §1) £J(J&39S^ Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com 111 C 1 I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I uirc, v rvnnree cmi urn enurmii r USA Service n WbbKLY bXrnboo oAILINu oUHbUULb Vessel I Voy I SIN I ALT
      3,475 words

  • Page 28 Advertisements
    • 3012 28 TZ^% El 19 El 19 H I |llg ANDERSEN HTnSS fiii G iORY NAVIGATION RRflHpi H»^M*fS tZU Rsfl E^fl shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 VSA olulll IIfIWIUM lIUII UllUUr |MiP| north west express line *«ft4>i-t»u*fl«s^>«i MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL
      3,012 words

  • Page 29 Advertisements
    • 3131 29 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
      3,131 words

  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 966 30 Investment bankers work long and irregular hours in a highly stressful environment, reports CHARMIAN KOK WHEN one thinks of investment banking, the first things that come to mind are the tales of seven-figure salaries and images of the high life that comes with wining and dining
      966 words
    • 838 30 CAMPUS LIFE Ratika Dayani almost got sidetracked by her baking and catering business, reports LIM WEN JUIN IT IS natural to greet success with accolades and adulation we are quite familiar with stories of outstanding students who manage to run thriving enterprises, many while excelling
      ARTHUR LEE  -  838 words
    • 204 30 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
      204 words
  • Page 30 Advertisements
    • 46 30 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

  • BizIT
    • 793 31 Consumers have shown limited interest in them despite growth of digital music market in Singapore, AMIT ROY CHOUDHURY reports NOKIA'S opening of an online music store comes against the backdrop of the Singapore digital music market growing at a compounded annual rate of 34.5 per
      793 words
    • 278 31  -  ONG BOON KIAT By TWO tenants of the Nokia Music Store in Singapore are bullish on the sales possibilities of the new online platform, but have set modest starting expectations. Gary See, managing director of Universal Music Singapore, said that the Nokia
      278 words
    • 716 31  -  ONG BOON KIAT By AT LAST, I got Life is a Minestrone that whimsy song from the 1970s rock group lOcc that I long wanted to add to my music folder to play on my PC. That track, for which I paid
      716 words
    • <what's up>
      • 68 31 HEWLETT-PACKARD (HP) Singapore has appointed Janice Lim (above) as its general manager of the Imaging and Printing Group (IPG) in Singapore. The 15-year HP veteran will be responsible for driving the company's business and market strategies across all customer segments, from consumer to enterprise users.
        68 words
      • 72 31 STARHUB has launched a new network service, called the Dense Wave Division Multiplexing (DWDM) Wavelength Service DWS for short. This service, commonly termed backhaul, is aimed at international carriers which are delivering bandwidth-intensive applications here, or those which are ferrying data to other parts of
        72 words
      • 78 31 THE Lenovo Idea Pad UUO, a petite laptop that turns heads with its flaming-red cover and textured metal finish, has landed here. Weighing just under I.2kg, it features an I.6GHz Intel Centrino Core Duo processor, Windows Vista Home Premium operating system, 120GB hard drive, 11-inch
        78 words
      • 88 31 THE ability to enjoy high-definition Blu-Ray movies on the go is an eye-catching selling-point of the new Asus M5O laptop, which sets out to wow movie buffs with a 15.4-inch wide-screen display, onboard Altec Lansing speakers, HDMI output and Dolby Home Theatre sound processing
        88 words
      • 72 31 ENTERPRISE security specialist Check Point Software Technologies has launched three new Unified Threat Management (UTM) appliances the UTM-1 Total Security 270, 570 and 3070 appliances. Aimed at small and medium-sized businesses, the appliances integrates security applications like firewall, Virtual Private Network (VPN), Web security, intrusion
        72 words
      • 54 31 STARTING this month, subscribers of Star Hub's new Max Online 'Plus' range of residential broadband plans will be able to access Star Hub's 3.5G mobile broadband service free of charge. A HSPA-enabled modem and data SIM card are pre-requisites for mobile broadband access. More information
        54 words
    • 646 31  -  CHRISTOPHER LIM By SENDING an electronic greetings card is "bloody impersonal", Count Andreas yon Faber-Castell declared recently. What the Asia Pacific managing director of the pen and pencil company didn't realise was how soon his comment may become anachronistic. You can already walk up to
      646 words
    • 860 32 But SEMI also sees positive signs in the region, writes AMIT ROY CHOUDHURY SPENDING on new machinery by semiconductor companies in South-east Asia (SEA) is expected to decline by around 11 per cent this year due to the recent push outs and delays in
      860 words
    • 426 32 By BROADBAND and mobile take-up rates are skyrocketing as Singaporeans continue to lap up the latest gadgetries such as fea-ture-packed smart phones and razor-thin notebooks. However, a marketing expert says local companies are still not keeping pace with the furious pace of technology
      426 words
    • 131 32  -  l WINSTON CHAI 1. One size fits all: Marketers should use the personalisation power that digital media bring. These channels should not be treated like mass marketing tools. 2. Failing to involve participants: Self-centred corporate marketing will not deliver results. With the advent of
      131 words
    • 475 32  -  ONG BOON KIAT By AT&T Inc subsidiary Sterling Commerce, which sells business process solutions, wants to ramp up its indirect sales in Asia, said company vice-president for Asia-Pacific Fulvio Lana. The company is also planning to roll out a major product
      475 words
  • Page 31 Advertisements
    • 201 31 f^\ "I i (Si Visit us during CommunicAsia2ooB. iTrnaCirCl We are at booth 3C2-12 (SIN-SITF). \^y J_ LA 17th to 2Oth June 2008. VOIP Call Centre Solutions Orchestra 8 VoIP Call Centre -f^r.^T||B Orchestra" VoIP Call Centre consists of various Agents softwßre &lt;^^^W^L*W^ modules like automated call distribution (ACD), jUP^T^^Jj3t
      201 words

  • Page 32 Advertisements
    • 30 32 smay-7may smay-7may suntec convention centre _NO BORDERS. NO BOUNDARIES. NO LIMITS. (QKR) c~ uniquely Carlson ■a if bxnQapOTTP Wagonlit 31 OO .-&gt; Travel flp P ro-€d Irtarnnlujnal Fair StMGfcPORL EiHLBLTIOH VlSltSin^apqre.COm
      30 words
  • Page 32 Miscellaneous