The Business Times, 9 May 2008
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2008-05-09
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The Business Times
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Title Section25 2008-05-09 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg •V A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Friday, May 9,200825 words
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600 2008-05-09 1 MICHELLE QUAH - MICHELLE QUAH It invites public feedback on its suggestions to firms By [SINGAPORE] The Singapore Exchange (SGX) wants its member firms to maintain a business continuity plan (BCP) in order to help them cope in the event of disasters and to shore up confidence600 words
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Article, Illustration690 2008-05-09 1 RONNIE LIM - RONNIE LIM With tariffs likely to rise further, cogeneration plants could be the answer By be to build our own cogeneration plant, and this is something we are looking at," he added. BT had earlier reported that oil companies here like ExxonMobil areCompiled by BT - 690 words
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MARKETS DIGEST
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Article43 2008-05-09 1 1 COMP 1,280.35 -6.80 IIKKEI225 13,943.26 -159.22 1ANG SENG 25,449.79 -160.42 ;et index 850.17 +1.46 JAKARTA COMP 2,376.93 -5.77 1ANILA COMP 2,760.62 +21.19 ;eoulcomp 1,848.00 -6.01 ;henzhenb 563.88 +8.24 IUMBAI IND 17,080.65 -258.66 12N00N EDT Change 12,864.99 +50.64 )OW IASDAI 2,450.00 +11.5143 words
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Article29 2008-05-09 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 1775 Source:Bloomberg - 29 words
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Article37 2008-05-09 1 IS$ (S$ per US$) 1.378 (USS/SS ier 1.952 2.690 :URO (US$/S$/E) 1.533 2.113 'EN 103.80 75.30 3.221 2.337 m 7.796 5.657 !AHT 31.90 23.15 lUPIAH 9,271 6,728 1ENMINBI 7.000 5.080 INDIAN RUPEE 41.68 30.25 1.065 0.77337 words
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Page 1 Advertisements
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Advertisement17 2008-05-09 1 Why Singapore is a hot spot for big art galleries EXEC LIFESTYLE, BACK PAGE 8 *****1 *****417 words
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Advertisement83 2008-05-09 1 Pa/ha y^atLmer Polished stainless steel 42.5 mm case. t^^. Chronograph self-winding j^^^ mechanical movement, Cartier calibre 8630 (27 jewels, ***** |S vibrations per hour). wmW,m^m^k Wm\. Rotating bezel with ij^^zL^tf phosphorescent marks. B ___^0^ "Clous de Paris" decor tj^SiiFßiii^s^ and push buttons ■glß^N@K^> in black ceramic. mmc^m*^^^^^^- -'*3t Brushed stainless83 words
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Page 1 Miscellaneous
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Miscellaneous91 2008-05-09 1 MYANMAR CORPORATE WINE EMERGING B j Si I Crying out f? T'^ RESULTS Tasting the new ENTERPRISE for aid X > Ho Bee: Ql net earnings vintage in Burgundy Wang Cafe's winning «!jt t ;P* page 4 HlI dive 62% pages page2B recipes page 9 Long f Cool M*^% Dane91 words
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TOP STORIES
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Article, Illustration677 2008-05-09 2 CHEW XIANG - CHEW XIANG Creation of JV with that country's state pension fund manager is on cards HOTEL Properties Ltd (HPL) has forged an agreement with Libya's state pension fund manager to rebuild and refurbish hotels in the country, a deal achieved partlyLIANHE ZAOBAO - 677 words
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448 2008-05-09 2 RONNIE LIM - RONNIE LIM It's in talks with Sing Power which will run pipeline grid [SINGAPORE] As Singapore moves to fully open up the gas market here later this year, the Energy Market Company (EMC) which has been operating the electricity wholesale market448 words
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457 2008-05-09 2 Buyer is consortium led by former Credit Suisse banker [SINGAPORE] Raffles Hotel is being sold as readers of BT were told yesterday. Under an in-principle agreement announced yesterday, Fairmont Raffles Hotels International (FRHI) will sell the iconic hotel to a consortium led by457 words
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THREE-MINUTE DIGEST
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75 2008-05-09 2 DESPERATE survivors cried out for aid yesterday nearly a week after Cyclone Nargis killed up to 100,000 people, as pressure piled up on Myanmar to throw its doors open to an international relief operation. The US was still awaiting approval from Myanmar's junta to75 words
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59 2008-05-09 2 HO BEE Group yesterday reported a 62 per cent plunge in net earnings for the first quarter ended March 31, 2008, to $26.1 million, from $69.1 million in Ql 2007. Revenue was $94.2 million, a 62 per cent fall from59 words
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65 2008-05-09 2 NOBLE Group nearly trebled its Ql net profit to reach a record US$l67 million, after seeing strong tonnage growth among its largest business divisions plus a disposal gain. For the quarter ended March 31, 2008, the group reported sales of US$9.5 billion65 words
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96 2008-05-09 2 STRONG demand from the marine and oil gas sectors helped two of Asia's biggest steel suppliers grow faster in the quarter ended March 31. HUPSteel yesterday reported record quarterly revenue of $120.1 million for its third quarter, a 56 per cent jump from96 words
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80 2008-05-09 2 DEVELOPERS are gingerly testing the water for residential launches this week. Far East Organization's listed unit Orchard Parade Holdings and Wing Tai have begun the official launch of their Floridian condo in Bukit Timah, marked by the start of an advertising campaign. Prices start80 words
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57 2008-05-09 2 ABU Dhabi Commercial Bank has acquired 25 per cent of Malaysia's RHB Capital, which owns the country's fourth biggest banking institution, RHB Bank, for a total of RM3.88 biUion. This is the largest investment in the local financial sector to date by57 words
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84 2008-05-09 2 THANKS to record crude oil prices, Opec members will likely earn over US$l trillion this year from oil exports, according to the US government's top energy forecasting agency. Net oil export earnings from the Organisation of the Petroleum Exporting Countries are forecast84 words
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66 2008-05-09 2 INDIA has expanded bans on trading of food futures as the government intensified efforts to cool inflation that's at its highest in more than three years. Trading in soybean oil, potatoes and chick peas has been suspended on bourses including the Multi Commodity66 words
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Article, Illustration527 2008-05-09 4 Reuters US still awaiting approval from junta to start military aid flights [YANGON] Desperate survivors cried out for aid yesterday, nearly a week after Cyclone Nargis killed up to 100,000 people, as pressure piled up on Myanmar to throw its doors open to anReuters; AP - 527 words
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397 2008-05-09 4 They give up 10% of year's fees to help staff in Myanmar [SINGAPORE] Directors of Yoma Strategic Holdings will forgo a chunk of their fees all for the good cause of giving to a relief fund it is setting up to help staff, their families397 words
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Page 2 Advertisements
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Advertisement7 2008-05-09 2 PropNex I Singapore's Largest Real Estate Company7 words
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Advertisement67 2008-05-09 2 Live the Ultimate. Own the world's Ultimate .^^fl Home Entertainments Lifestyle Technologies |lfri_3l_L f l Bfi fl .j^fl custom-engineered to the aspirations Bl^s^sßß^r? «*(■)v&*iS ll of your ultimate lifestyle. E»QH^3pPtiH II pPS^sEiißr b^f Fi I Live the Ultimate.™ Ong Radio International One] AY Special sts y 176 Orchard Rd Nc.l67 words
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Page 3 Advertisements
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Advertisement96 2008-05-09 3 Congratulations to Bintan Resorts and Gallant Venture on the groundbreaking of Lagoi Bay 9 May 2008 o£mH^MbJ I^^^Bf&^AjSj^l^^jL* Aft Our congratulations and we look forward to many more years of success together. BSQ M BATAMINDO BCA RIHTAH &SBNI B T^? ciubMedf J-Mr-C4l\JiL BANK CENTRAL AS [A v^n.K^ngga.nß.nga N^rfT Resorts Spa96 words
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Page 4 Advertisements
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Advertisement1180 2008-05-09 4 y\ THE SIAM COMMERCIAL BANK I A PUBLIC COMPANY LIMITED AND SUBSIDIARIES fe^ Head Office: 9 Ratchadapisek Road, Jatujak, Bangkok *****. Annual Report For The Year Ended December 31, 2007 Unit: Million Baht ASSETS 2007 STATEMENTS OF INCOME 2007 CASH 21,460 INTEREST AND DIVIDEND INCOME INTERBANK AND MONEY MARKET ITEMS1,180 words
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Advertisement48 2008-05-09 4 i Wi .^w J^ —1 L^~ W i L-- V U VJI 13 rvWftjds Bpm ij^i^i^B Tickets available at SISTIC 6348 5555 a www.sistic.com.sg J%"iS IIUiT p. Official Car V^^4i v-, T^z nc KIP SQJ3S/MJ MiitoAnMAffK r..i c*M <3±5? SUBARU CLASSjjTjFM MjM www.singlest.sg wvvw.midaspromotions.com fcdWORLDJ J^ Out Now!48 words
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COMPANY NEWS
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Article, Illustration348 2008-05-09 5 EMILYN YAP - EMILYN YAP Sharp drop in property development revenue HO BEE Investment yesterday reported a 62 per cent plunge in net earnings for the first quarter ended March 31, 2008, to $26.1 million, from $69.1 million in Ql 2007. Earnings per share348 words
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597 2008-05-09 5 CHOW PENN NEE - CHOW PENN NEE DOGGED by a multitude of problems stemming from the sub-prime mortgage crisis in the US, banks here are not having it easy. Nor will it become easier as the year progresses. Last year saw them dogged by writedowns on their597 words
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Article418 2008-05-09 6 OH BOON PING - OH BOON PING Tonnage volume rises 56% to a record 39m tonnes; sales jump 132% COMMODITIES trading firm Noble Group nearly trebled its Ql net profit to reach a record US$l67 million, after seeing strong tonnage growth among its largest business divisions plus a disposal418 words
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Article, Illustration423 2008-05-09 6 LEE U- WEN - LEE U-WEN STEEL EARNINGS Strong demand from marine, oil gas sectors a boon CONTINUED strong demand from the marine and oil and gas sectors helped two of Asia's biggest steel suppliers grow faster in the quarter ended March 31. HUPSteel which provides steelFILE PHOTO - 423 words
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232 2008-05-09 6 RIDING on firm freight rates, dry bulk shipper Courage Marine saw a 32 per cent year-on-year rise in net profit to US$l2.6 million for the first quarter ended March 31. Revenue grew 29 per cent to US$2l.5 million, while earnings per share rose232 words
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377 2008-05-09 6 LIM WEN JUIN - LIM WEN JUIN DELONG Holdings' first-quarter net profit tumbled 73.4 per cent to $9.2 million despite revenue more than doubling for the hot-rolled steel coil manufacturer. For the three months to March 31, revenue soared 105 per cent to $559.1 million377 words
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356 2008-05-09 6 VINCENT WEE - VINCENT WEE CHINA-BASED shipbuilder JES International Holdings, which was listed last December, yesterday posted a 25.6 per cent rise in firstquarter net profit to 30.1 million yuan (555.9 million) from 24 million yuan a year ago as its margin enhancement strategy kicked356 words
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295 2008-05-09 6 MICHELLE QUAH - MICHELLE QUAH SWISSCO International recently reproached by the Singapore Exchange (SGX) for disclosure breaches has appointed KPMG Advisory Services its compliance adviser. SGX last month directed Swissco to appoint an adviser to help it meet its listing and disclosure obligations for at least295 words
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COMPANY BRIEFS
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96 2008-05-09 6 CHINA Food Industries (CFI) has received a letter from the Singapore Exchange on the requirements for continued listing, having had trading on its shares suspended since Dec 29, 2006. On Dec 27, 2007, CFI said it had entered into a conditional sale and purchase96 words
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Article40 2008-05-09 6 THE Ascott Group has acquired a 192-unit serviced residence in London's "Midtown" at High Holborn for £43.5 million (*****.4 million). Ascott currently leases the property from Land Securities and operates it as Citadines London Holborn-Covent Garden.40 words
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Article35 2008-05-09 6 QIAN Feng Fabric Tech, a maker of functional knitted fabrics in China, has lodged a preliminary prospectus with the Monetary Authority of Singapore for a listing on the SGX mainboard.35 words
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320 2008-05-09 6 ONG BOON KIAT - ONG BOON KIAT SINGAPORE Computer Systems (SCS), which provides infocomm technology services to businesses, lifted first-quarter net profit by 53.3 per cent from a year ago, on a higher gross margin and revenue. For Ql ended March 31, 2008, net profit attributable to320 words
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332 2008-05-09 6 EMILYN YAP - EMILYN YAP HYFLUX Water Trust (HWT), a pure-play global water business trust listed on the Singapore Exchange (SGX) last December, yesterday reported net earnings of $1.1 million for the first quarter ended March 31. This came on the back of total revenue of332 words
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Article215 2008-05-09 6 Q1 results ended March 2008 Notes: Net profit refers to profit attributable to equity holders. Net profit includes profit from a discontinued operation. Trust Reits: Net profit is income available for distribution and turnover is gross revenue. Hyflux: No comparative income statement has been presented as Hyflux215 words
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Page 5 Advertisements
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Advertisement13 2008-05-09 5 CATS Recruit The first step on your ladder to success [SATS I RECRUIT <13 words
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Advertisement1165 2008-05-09 5 your global supply chain partner JD^^k flODl^ First Quarter Results 2008 'JjgjJ gTO Up Three months ended 31 March 2008 (Incorporated in Bermuda with limited liability) Dear Shareholders The Board of Directors of Noble Group Limited are pleased to present the (unaudited) (unaudited) unaudited consolidated financial results for the first1,165 words
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SINGAPORE NEWS
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Article, Illustration339 2008-05-09 7 KALPANA RASHIWALA - KALPANA RASHIWALA Sale of Floridian, Quartet on Vanda and Pare Seabreeze have begun DEVELOPERS are gingerly testing the water for residential launches this week. Far East Organization's listed unit Orchard Parade Holdings and Wing Tai have begun the official launch of their Floridian condo339 words
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292 2008-05-09 7 MICHELLE QUAH - MICHELLE QUAH THE increasing complexities of the global business arena have meant that a chief financial officer (CFO) has evolved from being merely a steward of a company's financial statements to being the CEO's "sidekick", that is, his righthand man in the292 words
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186 2008-05-09 7 THE credit crisis "isn't halfway through", said investor Jim Rogers. There may be more write-offs from European and Asian banks. Mr Rogers said that the crisis has not bottomed as far as he was concerned. Considering the scale of the credit bubble that186 words
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420 2008-05-09 7 CHUANG PECK MING - CHUANG PECK MING Recommendation for a central system of alerts accepted SOME Singaporeans in their graves have continued to receive money from the Health Ministry. The Auditor-General (AG) has uncovered that $178,150 in overpayments of financial help were made by the ministry to Singaporeans who420 words
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343 2008-05-09 7 CHOW PENN NEE - CHOW PENN NEE THE head of investment banking for Singapore and Malaysia at ÜBS has resigned. BT understands that Patrick Lee has quit of his own accord and is now on gardening leave. Mr Lee headed a team of more than 40 in343 words
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Page 7 Advertisements
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Advertisement11 2008-05-09 7 MY F AVO URITE PIECE paragon #01-39 1 raffles city #01-2711 words
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SINGAPORE MARKETS
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Article, Illustration596 2008-05-09 8 CONRAD TAN - CONRAD TAN STOCKS Banks lead index losers after results reporting; SGX and Sing Tel also slide STOCKS fell yesterday, dragged down by banks and other blue-chip firms amid renewed worries over the impact of slowing economic growth, rising costs and market volatility on their: Bloomberg - 596 words
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Article95 2008-05-09 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 4 113 0 0 0 4 113 lanufacturing 60 72 56 18 66 90 60 Commerce 14 30 22 20 34 23 'pt/Stor/Comms 21 12 23 13 :inance 24 24 Construction 10 14 'roperties 11 2495 words
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Article119 2008-05-09 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 33,562 33,562 182,922 182,922 lanufacturing 495,164 18,985 514,149 392,666 2,355 395,021 lommerce 79,530 14,089 93,619 82,844 2,699 85,543 'pt/Stor/Comms 142,497 619 143,116 380,458 163 380,621 :i nance 50,617 50,617 510,519 510,519 lonstruction 23,922 27,214 51,136 5,177 2,020 7,196 'roperties119 words
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Article105 2008-05-09 8 lapitaLand 6.580 -0.120 Olam 2.860 -0.110 lapitaMall 3.500 -0.060 S IA 15.520 -0.260 jtyDev 11.820 -0.140 SGX 8.990 -0.280 losco Corp 3.390 SIAEngg 4.300 +0.060 IBS Grp 19.980 -0.300 SPH 4.350 -0.040 :&N 4.890 -0.050 ST Engg 3.180 -0.040 Sent Intl 0.585 -0.010 SembCorp Ind 4.370105 words
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Article980 2008-05-09 8 CONRAD TAN - CONRAD TAN DBS Group May 8 close: 5519.98 CIMB-GK Research, May 8 Ql 2008 net profit of Ss6o3 million was within our expectations (Sss9o million) but 5 per cent above the street's (***** million). Earnings quality was not good. Both net interest income (Nil) and fee income fell980 words
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Article, Illustration565 2008-05-09 8 LARRY WEE - LARRY WEE CURRENCIES WEAK data forced the euro down versus the US dollar yesterday, while Asian units retreated sharply on news of fresh oil price peaks. But, all told, it was the New Zealand dollar that ended with the day's worst losses.Reuters - 565 words
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Article52 2008-05-09 8 CLOSE 129.00-173.0C IT OB/OS IT CADI -*****.00 -91.0' IT 10-day MA -*****.00+12.01 TSE ST Mid Cap 822.46 -3.5' TSE ST Small Cap 690.16 +0.5 TSE ST All Share 815.49 -10.61 TSE ST China 510.05 +3.3 IOB Catalist 150.61 1 Q' I .Oi IMSCI 391.46 -7.21 IMSCI Futures52 words
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Article55 2008-05-09 8 VOLUME Hisaka 85,801,000 Sing Tel 59,898,000 Golden Agri 54,503,000 Sunmoon 37,374,000 JES 35,446,000 Firstßes 35,079,000 SingTelMBLeCWOBO9O3 32,227,000 China Energy 31,343,000 CapitalanMßLeCWoBo9o3 30,420,000 Yangzijiang 30,224,000 VALUE(S) Sing Tel 224,415,320 DBS Grp 150,458,422 Keppel Corp 141,202,460 OCBC Bk 120,406,850 SGX 112,988,030 UOB 102,559,540 Capita Land 81,475,140 Golden Agri 51,998,78555 words
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Article97 2008-05-09 8 CLOSE UP IMH 3416 201.2 4.5 :urama 288 16.0 5: 'hai Prime Fd 913 13.8 1.1 ISH 1824 11.0 0.. iBS Bk6% NCPS 10 ***** 10.0 0.1 :irstRes 115 10.0 9. reat Eastern 1790 10.0 0.' itraitsAsia 370 10.0 2. 362 9.0 2. lain irm 526 8.3 1.. BY97 words
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Article117 2008-05-09 8 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN 2066 76.0 3.5 IOB IOBMBLJCW*****0 746 44.0 5.' China H 10US$ 1790 42.7 1. ISMSCI India 100 773 37.2 3.. iBS Gr| 1998 30.0 1. ;gx 899 28.0 3.' Korea 10US$ 487 27.6 3. I117 words
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Article83 2008-05-09 8 Where S$ stands May 8 CHNG CLOSE FRMay7 YR2008 S$ LOW S$ HIGH USS 1.3760 -0.97 1.4542 1.3457 Euro 2.1111 -0.17 2.2064 2.0474 Pounds 2.6953 -1.01 2.8431 2.6568 AS 1.2956 -0.46 1.3235 1.2349 Yen* 1.3236 -2.22 1.4484 1.2832 Rupiah* 0.***** -0.47 0.***** 0.***** Baht* 4.3121 -0.47 4.4299 4.2620 Peso*83 words
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EMERGING ENTERPRISE 2008
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Article, Illustration1353 2008-05-09 9 LAN POH - LAN POH looks at how the coffee and toast group grew from strength to strength with its strategic positioning IN THE last quarter of 2006, Yap Chee Wee took a calculated risk. He and Steven Tan entered into a partnership by buying coffee andJOHN HENG - 1,353 words
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Page 9 Advertisements
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Advertisement322 2008-05-09 9 LUXURY yjjHiiii^^^^^^B michelin star romain fornell from barcelona Awarded "Best Young Cook" in Southern France since the age of 18. First youngest chef to receive a Michelin Star in both France Spain at the age of 29 f Of acknowledged international renown, "*SSS» Guest Chef Romain Fornell's cuisine innovation is322 words
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ECONOMY WATCH
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307 2008-05-09 10 Bloomberg [WASHINGTON] Billionaire investor George Soros believes that the "acute phase" of the financial crisis is "largely behind us", even as the US economy is only now starting to feel the effect. The damage done to the global financial systemBloomberg - 307 words
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Article774 2008-05-09 10 Reuzers This suggests that Wall Street's recovery rally is overly optimistic [WASHINGTON] Wall Street seems to have concluded that the worst of the credit crisis is over and investors are looking to better economic times ahead, but Main Street is sending the opposite signal.Reuzers - 774 words
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Article, Illustration584 2008-05-09 10 Reuters [LONDON] European Union officials yesterday played down a report that the United States and Europe are united in their desire to see a stronger US dollar, but it still sent the euro to a two-month low against the greenback. Finnish PrimeReuters; AFP - 584 words
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630 2008-05-09 10 Bloomberg [FRANKFURT] Industrial production in Germany, Europe's largest economy, declined in March as cold and wet weather kept building sites shut and production of factory machinery fell. Output, adjusted for seasonal swings and inflation, fell 0.5 per cent from February, the EconomyBloomberg - 630 words
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342 2008-05-09 10 Reuters, Bloomberg [MEXICO CITY] The United States should consider spiralling food prices that hurt the world's poor when it sets policies that are funnelling much of its corn crop into biofuel production, the World Bank said on Wednesday. GlobalReuters, Bloomberg - 342 words
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Page 10 Advertisements
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Advertisement114 2008-05-09 10 jk. M T -AjOEYQUEK, 18 *f -J Student <*■ Enjoys blogglng, and using nnrn > nn ~;-i ,-v R^^N IM/soclal neiwoiklng sites as a form german girl Shrine |gyj T of nehvorWng among her peers. -^JOHNLIM, 55 Self-Employed I Subscribes to local 1^ and international /'XST\ news sites for ttie114 words
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MALAYSIA
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Article, Illustration590 2008-05-09 11 PAULINE NG - PAULINE NG RM3.BBb deal is biggest in Malaysian financial industry by a Mid-East investor Abu Dhabi Commercial Bank (ADCB) has acquired 25 per cent of Malaysia's RHB Capital, which owns the country's fourth biggest banking institution, RHB Bank, for a total ofBLOOMBERG - 590 words
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Article, Illustration469 2008-05-09 11 Keuters, Bernama [KUALA LUMPUR] Malaysian state investment arm Khazanah Nasional will team up with Dubai Banking Group and Asia Capital Reinsurance (ACR) to set up what it says will be the world's largest retakaful (Islamic reinsurance) firm, Khazanah said on Wednesday.Keuters, Bernama - 469 words
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ASIA BRIEFS
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78 2008-05-09 11 Bloomberg [TOKYO] Chinese President Hu Jintao promised that his nation, home to the world's largest regular army, won't spark an arms race with its neighbours or pose a military threat to "any country". China's development is an opportunity and not a threat, MrBloomberg - 78 words
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44 2008-05-09 11 Reuters [JAKARTA] ArcelorMittal, the world's largest steelmaker, is looking to invest US$5 billion to US$lO billion in Indonesia's steel industry, Indonesian State Enterprises Minister Sofyan Djalil said yesterday. Mr Sofyan spoke to reporters after a meeting with ArcelorMittal executives.Reuters - 44 words
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71 2008-05-09 11 Bernama [KUALA LUMPUR] Taxpayers may have to bear a whopping RM4S billion (5519.2 billion) in subsidies for fuel and gas this year, Second Finance Minister Nor Mohamed Yakcop said yesterday. He said that while there is no cap for the subsidy amount, the governmentBernama - 71 words
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79 2008-05-09 11 ■AFP [KUALA LUMPUR] A controversial Malaysian blogger yesterday posted bail, ending a two-day hunger strike in jail after being charged over an article in which he tried to link the Deputy Prime Minister to a gruesome murder, his wife said. Raja Petra Kamaruddin,■AFP - 79 words
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455 2008-05-09 11 S JAYASANKARAN - S JAYASANKARAN Lawyers don't see spate of liberalleaning judgments THE Shariah Court in Penang has allowed a Muslim convert to renounce Islam and return to her Buddhist roots in a landmark ruling. The sharia courts govern the private lives of Muslims typically family matters455 words
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Page 11 Advertisements
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Advertisement24 2008-05-09 11 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. 3 MATS NOTICES24 words
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Advertisement176 2008-05-09 11 ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is helmed by veterans who have been supporting over 1,000 users, giving176 words
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Advertisement209 2008-05-09 11 Goodwood Park Hotel proudly presents French Two-Michelin Star Guest Chef Emmanuel Renaut of Flocons de Sel, Megeve, France 17 to 24 May 2008 Goodwood Park Hotel's Gordon Grill is proud to present French Two-Michelin Star Guest Chef Emmanuel Renaut. Proud owner of Flocons de Sel at the scenic Megeve in209 words
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GREATER CHINA
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511 2008-05-09 12 Reuters IMF cuts China growth to 9%; US professor sees 8% due to US recession [HONG KONG] The International Monetary Fund (IMF) said yesterday that it has adjusted its 2008 growth forecasts downwards to just above 9 per cent for the ChineseReuters - 511 words
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353 2008-05-09 12 Reuters [WASHINGTON] China's currency has strengthened against the dollar, but it needs to rise further and faster to help with the global adjustment of a weaker greenback, International Monetary Fund chief Dominique Strauss-Kahn said on Wednesday. "With the renminbi managed andReuters - 353 words
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Article, Illustration121 2008-05-09 12 Reuters [EVEREST BASE CAMP, China] The Olympic flame reached the top of Mount Everest early yesterday, an emotional moment for China and the crowning of the Beijing Olympics torch relay that was dogged by anti-Chinese protests on its world tour. Five Chinese climbers, two of themReuters; AFP - 121 words
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445 2008-05-09 12 -AFP [HONG KONG] Shoppers and food suppliers in Hong Kong have have been feeling the pinch in recent months as food prices have skyrocketed, showing the port city's vulnerability to global shifts in commodities markets. Hong Kong's staple foods of pork, rice and-AFP - 445 words
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Article2229 2008-05-09 12 lay 8 RM C000) ASM Realty 0.60 \bric Bhd 0.20 advance Synergy 0.12 AdventaBhd 1.32 AeMuIti Hldgs 0.23 Affin Holdings 2.02 Ahmad Zaki Resou 0.95 Aic Corp 0.51 Airasia Bhd 1.22 Akn Technology 0.54 alliance Financi 3.12 aluminium Co 1.03 Amalgamated Ind 0.43 Ammb HldgsBhd 3.80 Amtel Holdings2,229 words
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Advertisement1000 2008-05-09 12 II II IN THE MATTER OF THE IN THE MATTER OF IN THE MATTER OF companies act (cap. so) the companies act, cap. so TAMREECOPTE.LTD. THE COMPANIES ACT, CHAPTER 50 m, .ntheXterof TAKASHIMA SINGAPORE (PTE) LTD technolink pte ltd Company Registration No. *****1472 C AND (In Members' Voluntary Liquidation) (ln1,000 words
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MIDDLE EAST
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387 2008-05-09 13 Bloomberg [LONDON] Barclays Capital has raised its US crude oil forecast for 2008 by 16 per cent, citing stronger demand from China and the Middle East and declines in production at non-Opec countries. Barclays increased its average estimate for West Texas Intermediate, theBloomberg - 387 words
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Article, Illustration479 2008-05-09 13 Reuters Net oil export earnings set to surge 57% on record oil prices [WASHINGTON] Thanks to record crude oil prices, Opec members will likely earn over US$l trillion this year from oil exports, according to the US government's top energy forecasting agency. NetReuters; REUTERS - 479 words
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180 2008-05-09 13 Bloomberg [DUBAI] Gulf Arab states are unlikely to form a single currency by 2010 as planned, increasing the prospect that some countries may end their currency pegs to the US dollar, said Gabriel Stein, an economist at Lombard Street Research. Gulf rulers are unwillingBloomberg - 180 words
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Page 13 Advertisements
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Advertisement247 2008-05-09 13 A H S| B !BftVffy;- ""-K.& h 'fM W fibV^l9| 111 lifcriiirir*-"' j 1111 r^»l »Ti^ iil< I I Ijl J<lll m\Yl I BSI K*Xm JU IHU I* VAT^* jj> v\ImuubZ ■■v«iv9fflB BSE S3 hi ■'■«fiPr' CORPORATE PROFILE Founded in 1979 and listed on SGX-SESDAQ in 2003, ecoWise Group is247 words
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INDIA
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306 2008-05-09 14 AtP India likely to be less affected by global credit crisis, he says [MUMBAI] India offers one of the most rewarding opportunities for growth in spite of recessionary conditions in the United States, wealth management group Merrill Lynch's chief executive John Thain said onAtP - 306 words
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Article, Illustration568 2008-05-09 14 Bloomberg Trading in soybean oil, potatoes, chick peas, rubber banned for four months [MUMBAI] India, the world's second largest importer of vegetable oils, has expanded bans on trading of food futures as the government intensified efforts to cool inflation that's at its highestBloomberg; AFP - 568 words
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484 2008-05-09 14 Bloomberg [MUMBAI] At a kiosk on the Trichy-Tanjore highway, one of southern India's main trucking routes, drivers of motorised rickshaws, scooters and vans belching black smoke line up to buy water bottles filled with a green liquid. The bottles contain diesel or petrol dilutedBloomberg - 484 words
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395 2008-05-09 14 AFP [BANGALORE] Sonia Gandhi's ruling Congress party heads this weekend into its first electoral battle over runaway prices as it attempts to wrest back a former state stronghold in southern India. The election in Karnataka will act as a gauge of popularAFP - 395 words
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Page 14 Advertisements
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Advertisement143 2008-05-09 14 *j5 noushka Shankar Project ROLEX lb Organised by oChtMA INTERNATIONAL r his W/J& Bloomington Table Ritson Stool Set Lya Rocking Chair nny A wWA Ww W2k y-^m 2000x1150 r LI UvWSfßfffffmHßi WPIHrSiIPifP!! s%^ c^ r I Ratten Set i^^^^__ t^B^ Windson Table 4 Folding Chairs Regent 1550 Round Table flscort143 words
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ASIA-PACIFIC/WORLD
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Article, Illustration601 2008-05-09 15 Bloomberg, Reuters SEC prepares MOU for sharing data on the health of the banks with the Fed [NEW YORK] The US Securities and Exchange Commission (SEC) will require investment banks to disclose their capital and liquidity levels. "One of the lessons learned fromBloomberg, Reuters - 601 words
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Article, Illustration623 2008-05-09 15 NYT [NEW YORK] In News Corp's earnings conference call on Wednesday, Rupert Murdoch voiced scepticism that Cablevision can succeed in its bid for Newsday, which is now at the centre of a tussle among three New York moguls, even as heNYT; AFP - 623 words
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452 2008-05-09 15 Reuters, Bloomberg [LONDON] Standard Chartered expects to add at least 10,000 staff this year, in contrast to contraction among rivals caused by the credit crunch. The bank also said on Wednesday that it took a US$97 million profit hit in the firstReuters, Bloomberg - 452 words
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475 2008-05-09 15 AFP [ATHENS] The European Central Bank and Bank of England yesterday left benchmark lending rates unchanged after policymakers weighed the paramount risk from inflation against weakening economic growth. ECB governors meeting in Athens maintained the main eurozone interest rate at 4.0 perAFP - 475 words
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338 2008-05-09 15 Reuters [LONDON] The amount of good food Britons throw away unnecessarily is at record levels, according to a study yesterday, costing the economy £10 billion (5526.9 billion) a year. More than half of the 6.7 million tonnes of food thatReuters - 338 words
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Page 15 Advertisements
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Advertisement62 2008-05-09 15 LET THE CAR TELL YOU WHO THE DRIVER IS i-r- i i i ii- <r*\j\s irrr inn aun i i ir- rviri a rvs m agßar RICHBURG MOTORS Aeras Aero Tourer G-Edition Hybrid we|^> 459 MacPherson Rd I HOTLINE 6283 7076 »MMUJIJJJIIJJ»BffiffiHiffiiM Also Available Powered by RICHBURG AUTOMOTIVE SERVICES 46oc62 words
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US ELECTIONS
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Article, Illustration730 2008-05-09 16 A security blanket for many Democrats, the Clintons may not be easy to quit [NEW YORK] After 16 years, the Clinton era may be coming to an end, presenting Democrats with a historic but potentially wrenching transition and a challenge to SenatorAP - 730 words
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Article8373 2008-05-09 16 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.937/ Star Europe Bond 1.179/ Star Europe Bal 1.161/ Star Asian Tiger Eqty 1.373/ Star Asia Bond 1.18/ Star Asia Balanced 0.967/ Star Global Technology Fund!" 0.197/ Multi StFd 0.815/ Star Asia Bond(USD) 0.863/ Gib Multi St USD 1.072/8,373 words
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WORLD
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621 2008-05-09 17 Bloomberg Clear Channel buyers sue over funding for buyout [NEW YORK] Citigroup and five other banks lost their bid to have a New York judge throw out a lawsuit by Clear Channel Communications' buyers accusing the lenders of refusing toBloomberg - 621 words
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Article, Illustration545 2008-05-09 17 Reuters The sale made a total of U*****.3m, with an average lot value of USss.7m [NEW YORK] American art collectors defied a sinking US economy on Wednesday, making up nearly 70 per cent of buyers at a Sotheby's New York saleReuters; I J BLOOMBERG - 545 words
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436 2008-05-09 17 Bloomberg Fund return comes amid state probe into sale of debt [NEW YORK] ÜBS agreed to refund US$35 million to 20 towns and public agencies in Massachusetts that bought auction-rate securities from the Zurich-based bank amid a state probe into the sale ofBloomberg - 436 words
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236 2008-05-09 17 Reuters [MOSCOW] Vladimir Putin, taking over as Russia's prime minister a day after leaving the Kremlin, pledged yesterday to curb inflation, cut taxes and boost social spending to make Russia a top world economic power. Mr Putin said in a speech toReuters - 236 words
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Page 17 Advertisements
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Advertisement799 2008-05-09 17 $6.50 sqft month (till 31 Jan 2009) BREAKLEASE (44th Floor) ♦J> Excellent View 1,900 sqft Pis contact Mr Takano HP: 9670-0285 ■»J TRE 21 PTE LTD IM TOKIO PROPERTY SERVICES PTE LTD Flag off with the 'Premier Oasis on The Padang'. Be very close to the Fl action during the799 words
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AVIATION
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Article, Illustration470 2008-05-09 18 YEN SREENIVASAN - YEN SREENIVASAN Increase due to incidents in Africa, Indonesia, Brazil; but global fatalities fall [SINGAPORE] Global air accident rate last year increased due to incidents in Africa, Indonesia, and to a lesser extent, Brazil. According to the International Air Transport Association (lata), the 2007REUTERS - 470 words
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145 2008-05-09 18 ■AFP [PARIS] European aircraft maker Airbus said on Wednesday that it is outpacing Boeing so far this year, winning 397 orders in the four months to April compared with 346 for its US rival. It said it had 432 orders in all in■AFP - 145 words
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Article, Illustration476 2008-05-09 18 [BRUSSELS] One in three European airline and travel websites conceals the true cost of flights until consumers are close to booking, according to a report from the European Commission, which yesterday threatened new measures against the industry if the abuses476 words
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455 2008-05-09 18 Reuters [DUBAI] Dubai said that it plans to open its new US$4.5 billion airport terminal gradually rather than with "a big bang" to avoid the chaos that marked the opening of Heathrow airport's Terminal 5 in March, which is 25 per cent■ Reuters - 455 words
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452 2008-05-09 18 NYT [WASHINGTON] With its more rigorous oversight of airplane maintenance having led to the recent grounding of thousands of flights, the Federal Aviation Administration is confronting long-term questions about whether it should act more like a tough regulator, rather than a partner,NYT - 452 words
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313 2008-05-09 18 NISHA RAMCHANDANI - NISHA RAMCHANDANI By [SINGAPORE] Brazil-based jet aircraft manufacturer Embraer says net income more than tripled to US$B5 million for the first quarter ended March 31, 2008, as revenue jumped 60 per cent to US$l.34 biUion. Embraer's firm order backlog was 8313 words
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Article2462 2008-05-09 18 AIRLINE CODES: AA: American Airlines (AA_>, AF: Air France (AFR), Al: Air India (AIC), AY Finna i (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co(BAW) BG: Biman Bang :-:h Airlines (BBC), Bl Rcyal Brunei Airlines Sdn Bhd-BA), BO: Bouraq Airlines (BOU), BR: EVA2,462 words
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SHIPPING
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Article, Illustration596 2008-05-09 19 VINCENT WEE - VINCENT WEE This depicts Asia's rising clout in the shipping world and Spores role as hub [SINGAPORE] Asia's prominence is rising in the shipping world and Singapore's role as a hub within it is underlined by the decision to hold the 2nd TradeYOMIURI SHIMBUN - 596 words
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391 2008-05-09 19 Bloomberg [TOKYO] Mitsui Engineering Shipbuilding Co, Japan's sec-ond-largest shipbuilder, forecast profit to fall 3.4 per cent this fiscal year on a stronger yen against the US dollar and rising steel costs. Net income will probably decline to 16 billion yen (*****.3 million),Bloomberg - 391 words
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303 2008-05-09 19 VINCENT WEE - VINCENT WEE [SINGAPORE] YCH Group announced yesterday it is the first end-to-end supply chain management (SCM) provider in the world to receive the international supply chain security management system standards certification, the ISO *****:2007. The award acknowledges YCH's adoption of a303 words
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318 2008-05-09 19 Bloomberg [HONG KONG] Daewoo Shipbuilding Marine Engineering, the world's third-largest shipyard, said first-quarter profit rose 51 per cent as it built pricier vessels and offshore oil rigs and platforms. Net income climbed to 78.4 biUion won (Sslo3 million) from 51.9 billion won a yearBloomberg - 318 words
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TRANSPORT STOCKS
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Article107 2008-05-09 19 '000 Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks Jaya Hold Ltd KiVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.62 0.36 3.39 0.80 2.43 1.12107 words
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Article38 2008-05-09 19 '000 M$ Vol Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.83 9.45 9.35 4.28 3.20 0.26 0.16 0.01 0.05 -0.15 -0.02 0.04 0.05 0.02 7 255 258 972 26 142 1338 words
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Article14 2008-05-09 19 ■oo Baht Vol Precious Ship Regional Cont 25.25 24.00 unch unch 1611 18614 words
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Article15 2008-05-09 19 '000 lay 8 HK$ Vol Doil iingamas Cont .51.00 ...2.25 -0.75 -0.04 1681 192815 words
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Article24 2008-05-09 19 '000 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.70 31.00 2.50 unch 0.20 unch unch unch 137 366 194 024 words
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Article19 2008-05-09 19 bj. Evergreen Marine ...28.35 :irst Steamship 80.80 /Van Hai Lines 27.05 t'ang Ming Marine...23.45 0.05 0.30 0.20 -0.1519 words
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Article41 2008-05-09 19 '000 'en Kawasaki Hvy Ind ..273.00 6.00 ***** Kawasaki Kisen ....1097.00 -14.00 5975 Mitsubishi Hvy 470.00 -10.00 ***** Mitsui Eng&Sbldg...363.00 -2.00 ***** Mitsui Osk Lines ...1511.00 -4.00 ***** Nippon Express 546.00 -22.00 5578 Nippon Yusen 1049.00 -2.00 5941 Source: Reuters41 words
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Page 19 Advertisements
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Advertisement259 2008-05-09 19 SOUTH EAST ASIA AND SOUTH ASIA/AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUSINESS PLAN 2008 FROM SOUTH EAST ASIA AND SOUTH ASIA TO AUSTRALIA In November 2007, Member Lines of the South East Asia and South Asia Australia Trade Facilitation Agreement have informed the trade of their Business Plan 2008.259 words
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Advertisement114 2008-05-09 19 According to Circular Letter no. ADG/ADT/DFL/FAC/No. 004/88/04/2008 dated 22nd April 2008 issued by OGEFREM (Office de Gestion dv Fret Maritime) Kinshasa, R.D. Congo to all Shipping Agents/Owners, Shippers, Forwarders, Traders etc. All shipments with final destination at R.D. Congo (disregard whichever transshipment and final port) must obtain at Port of114 words
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Advertisement1453 2008-05-09 19 thecompanikacf^capso LOST SHARE/STOCK CERTIFICATE(S) AND Notice is hereby given that the following share stock certificates have been reported IN THE MATTER OF lostRUDCO PTE LTD 1 (Registration No. *****0644 M) FERROCHINA LIMITED IN THE MATTER OF IN THE MATTER OF THE [In Members' Voluntary liquidation) REDEEMABLE CUMULATIVE CONVERTIBLE PREFERENCE SHARES1,453 words
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EDITORIAL & OPINION
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469 2008-05-09 20 MUCH has been written about the nature of the beast, about whether it's shaped like aU, V, L or evenW. We're talking of course about the impending or, as oracles like former US Federal Reserve chief Alan Greenspan and Berkshire Hathaway's Warren Buffett contend, the469 words
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Article, Illustration907 2008-05-09 20 CHARLES COLLYNS; KRISHNA SRINIVASAN - CHARLES COLLYNS KRISHNA SRINIVASAN Emerging economies show global resilience but have set the stage for a boom in prices THE global economy is being buffeted by powerful crosswinds. Disruptive financial market turmoil is slowing growth in advanced economies. But emerging market economies haveAFP - 907 words
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Article, Illustration809 2008-05-09 20 NEIL BEHRMANN - NEIL BEHRMANN THE BOTTOM LINE CHICAGO futures markets are telling us that it is time to stop panicking about the extraordinary surge in rice and other food costs. The simple reason is that prices on the Chicago Board of Trade (CBOT) have tumbled809 words
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Article, Illustration1117 2008-05-09 21 JOSHUA KURLANTZICK - JOSHUA KURLANTZICK LAT These educated, well-travelled urbanites have gained from 30 years of growth and have lost their awe of Western power AS HUMAN rights protesters dogged the Beijing Olympics' torch relay, as supporters of Tibet condemned the violent crackdown in Lhasa, and as DarfurLAT; AP - 1,117 words
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Article, Illustration878 2008-05-09 21 TIGER TONG - TIGER TONG CHINA, the world's second largest goods exporter and the fourth largest economy, is growing at the fastest pace of all major economies. But there is a vast difference in the pace of economic development among the 31 mainland Chinese provinces. Far from being aChina Knowledge - 878 words
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LETTERS TO THE EDITOR
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436 2008-05-09 21 Chin Sau Ho - Chin Sau Ho IN his letter ("Zero-rate GST on basic food items", BT, April 30), Manmohan Singh suggested that if GST regulations can be introduced to zero-rate trust services, computer server equipment and annual meetings of international organisations, why not basic food items436 words
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154 2008-05-09 21 Yeo Lian Sim - Yeo Lian Sim WE refer to the letter, "Have succession plans for ageing directors", by Lee Kwok Weng (BT, April 29). The Exchange would like to thank Mr Lee for his feedback and suggestions. We agree that it is to the benefit of a154 words
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SINGAPORE STOCKS
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Article7229 2008-05-09 22 Transaction date: May 8 High !-wks Tel Low Code Company Sale ('000) High ■ow Buyer Seller C'vr P/E $mil 5716 1st Software i I 28 5 8 5 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30 12 1938 AEI Corp 24.5 7.5 1100 AEM 42 1957,229 words
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Article69 2008-05-09 22 _H|< Low Code Comi Sale COOP) _Hm Low Bui Seller C'vr P/E $mil 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 398.3 288 6009 STI ETF 3977.9 3013.7 6010 STI ETF69 words
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Article1969 2008-05-09 22 52-Wk Tel Hiqh Low Code Last Sale Vol C000] Day Last Quote Div GrYld Net MCap Low Buyer Seller C'vr P/E $mil Comi Hii 30 11.5 1181 s AAGrp 41.5 16 5000 s ABR Hldgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.51,969 words
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Article215 2008-05-09 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer215 words
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Page 22 Advertisements
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Advertisement32 2008-05-09 22 pfep. NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED 9 B -Zr7ffl 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 667632 words
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FINANCE & COMMODITIES
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367 2008-05-09 23 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Mai World Index Preliminary 1071.6 0.1 -5.3 0.3 -8.4 -0.3 -3.! EAFE Preliminai 1033.7 0.8 -7.8 0.4 -8.8 -0.2 -4.I Euroi Prelim inan 1422.3 0.9367 words
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Article136 2008-05-09 23 A. s 9am NU It KM It5 MayS Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2750 1.2900 Can dollar 1.3440 1.3600 Euro 2.0880 2.1110 NZ dollar 1.0490 1.0720 Sterlini ind 2.6560 2.6850 US dollar 1.3610 1.3760 Local dollars to 100136 words
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Article25 2008-05-09 23 May S ten Hii Sett STI SIMSCI Ma' 392 393.8 389.9 Taiwan Ma' 340.7 342 341.8 Source: MF Global (S) Pte. Ltd25 words
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Article157 2008-05-09 23 MayS fer Overnight 3/4 1-monfh 13/16 2-months 1 1/4 3-months 1 3/8 Overnight mode: 0.80 US$ Offer 5/8 1 1/16 1 1/8 1 1/4 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.60 2.70 2.80 2.90 3.00 3.15 3.20 Offer157 words
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Article21 2008-05-09 23 May 8 Bid Offer 1-month 1.3762 1.3767 2-months 1.3746 1.3753 3-months 1.3731 1.3739 6-months 1.3693 1.3702 Source: OCBC21 words
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Article153 2008-05-09 23 MayB Currencies Bid Offer Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2938 1.2948 0.9390 0.9395 Canadian dollar 1.3643 1.3655 0.9902 0.9908 Euro 2.1124 2.1136 1.5332 1.5336 NZ dollar 1.0627 1.0636 0.7713 0.7717 Sterlini ind 2.6897 2.6911 1.9522 1.9521 US dollar 1.3778 1.3782 S$IUS$153 words
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Article351 2008-05-09 23 MayS OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun08 Sep08 Dec08 Mar09 97.385 97.365 97.165 97.020 0 0 0 0 ***** ***** ***** ***** EUROYEN FUTURES Jun08 99.135 99.150 Sep08 99.090 99.120 Dec08 99.035 99.065 Mar09 99.000 99.005 Jun09 98.950 98.950 Sep09 98.895B Dec09 98.840B Mar10351 words
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Article285 2008-05-09 23 Mays KUBBtK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest JunO8 Jul 08 Aug 08 Sep 08 Oct/Dec 08 Jan/Mar 09 406.00 399.75 398.50 396.75 395.75 396.75 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open Interest Jun285 words
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Article103 2008-05-09 23 May 7 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 08 1297.25 1264.50 1296.00 1268.00 Jul 08 1309.00 1277.00 1311.00 1278.00 Aug 08 1301.25 1270.00 1302.00 1276.00 Sep 08 1273.50 1242.50 1266.00 1255.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 58.64 57.32 58.70 57.25103 words
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Article76 2008-05-09 23 CRUDE OIL PRODUCTS May 7 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 120.7 0.1 WTI (Near Mth) 123.47 1.63 Dubai (1-Mth F) 114.58 2.09 Tapis blend 125.95 1.55 Minas 123.15 2.8 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 108.95 142.80 unch unch US$/barrel Opec Oil76 words
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Article451 2008-05-09 23 m ayS iuro 'en (on 'eso lam 'ouni Australia 0.948 6.575 0.613 7.322 39.148 87.078 0.975 9.827 3.025 1.217 63.014 39.984 1.294 7.159 0.992 28.981 29.957 0.481 0.939 Canada 1.055 6.933 0.646 7.722 41.284 91.828 1.028 10.363 3.190 1.284 66.452 42.165 1.365 7.550 1.046 30.562 31.592 0.507451 words
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Article88 2008-05-09 23 MayB Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****E 07.08.08 1-Year BY*****N 04.05.09 0.91 1.04 1.03 1.03 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 108.43 NY*****F 3.750 15-Year NY*****X88 words
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Article74 2008-05-09 23 MayS (US$) (SS) 2.***** 1.***** 6mths 1.***** 9mths 1.***** 12mths 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 9 mths 12 mths 2.***** 2.***** 2.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs 2.***** 7yrs74 words
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Article61 2008-05-09 23 MayS Delivery Month Opening Sett Av Range Price Price Hi Vol Open Done Position Low May 08 3350 Jun 08 3401 Jul 08 3401 Aug 08 3405 Total o/p: ***** contracts 3380 3380 3350 111 675 3437 3459 3380 2510 6742 3457 3467 3388 8520 ***** 3448 346661 words
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Article165 2008-05-09 23 Mays /oz) Hong Kong London Hong Kong 873.60 869.70 874.60 870.70 May 06 May 07 London 879.10 867.15 880.10 868.35 Source: Reuters (S$) Selling Buying 1 oz 1343.92 1208 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $470.80 386 SILVER Selling Buying (SK Sellini Bui rim $470.80 Selling165 words
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Article67 2008-05-09 23 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2873.20 2927.20 3 months 2920.00 2973.00 Copper, Grade A (US$/tonne) Cash 3 months 8586.00 8430.00 8675.00 8520.00 Lead (US$/tonne) Cash 2402.50 3 months 2420.00 2537.00 2555.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 367 words
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Article77 2008-05-09 23 May 7 (£/tonne) Close Prev Hii ih/Low May 08 1446 1456 1461/1430 Jul 08 1466 1474 1482/1433 SepO8 1410 1415 1422/1380 Dec 08 1392 1396 1406/1365 COFFEE (US$/tonne) Close Pev High/Low May 08 2097 2110 2140/2080 Jul 08 2118 2140 2165/2096 SepO8 2119 2143 2165/2100 Nov08 2111 2130 2133/209177 words
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Article2095 2008-05-09 23 BONDS WARRANTS Pel lode Company Pel Last lode Company Sale Vol Conv Exer +or- ("000) Ratio Price Prem Expiry Disc Gear- Mths ing Left 4307 DBS MBL ECW*****9 35.5 3818 DBS MBL EPW*****7 36 -2.5 1020 4 455 0.2 1900 0.2 2150 4 1 4347 STI 3100 DB EPW*****2 202,095 words
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Page 24 Advertisements
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Advertisement907 2008-05-09 24 m The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPOTBN RTM/ANR/TIL STXPOTBN CDN/NFK/SAV/NOL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination PAN BLESS DBI/ABU/BRN/DOH/DMM/KWT RED RIVER INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia OTHER SERVICES f907 words
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Advertisement613 2008-05-09 24 C LINE PREVIOUSLY DONGNAMA LINE Sin Nhava Sheva Maiden Voyage: 26/5/08 Vsl: WAN HAI 305 V.W068 Sin Busan (MES) Every Fri (7 days) (KJ2) Every Fri (12 days) (KSS) Every Sat (8 days) (XCI) Every Sun (8 days) Sin Inchon (KSS) Every Sat (10 days) Sin Ulsan (XCI) Every Sun613 words
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Advertisement1228 2008-05-09 24 WAN HAI INTERNATIONAL PTE LTD cr NO: **********0/R %-TrA nun II > I MiiPf TEL *****588 (14 LINES) FAX: *****163 \\\M\\A/IIN HAI INrN Qlstomcr Service/Bookings Direct Line (1800)*****200 111 IIHII I I #11 LllvLaJ PKL TEL: (03) *****888 FAX: (03) *****288 PEN TEL: (04) *****00 FAX: (04)*****99 W»» JOH IEL<O7)1,228 words
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Page 25 Advertisements
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Advertisement1276 2008-05-09 25 RI C X JVI ERS'LINIE Round-the-World Pearl String Service Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com USA Service Vessel I Vov I SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB I NEN I NYC I CPE Rickmers Dalian 234 07/05 02/07 07/07 15/07 Rickmers1,276 words
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Advertisement1306 2008-05-09 25 IJTrn EASTERN CAR LINER. LTD I|y C SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS IpHm^JJ^^J M VOY Ramp(KT) Lilting(KT) SIN PGD~ PKL PEN JKT LCB I ORIENT IRIS 98 35 80 11/05 14/05 I BRISA AZUL 93 35 80 12/05 15/05 I MERLIONACE 49 30 14/05 15/05 18/05 I1,306 words
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Advertisement752 2008-05-09 25 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOY SIN PKL [MB NSA [MB SO VIJAY 021W I3MAY 14 MAY 17 MAY 21 MAY 25 MAY SO KIRAN OIIW 20MAY 21 MAY 24MAY 28MAY 01 JUN KOTAPAHLAWAN YPHOB4 27 MAY 28 MAY 31 MAY752 words
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Page 26 Advertisements
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Advertisement4778 2008-05-09 26 IRISL, ASIA/MED EXPRESS SERVICE (AMX) SINGAPORE REGIONAL OFFICE'IAGENT IN SINGAPORE: I AGENT IN MALAYSIA: I AGENT IN INDONESIA: ASIA MARINE NETWORK PTE LTD SINOSE MARITIME PTE LTD BOUSTEAD SHIPPING AGENCIES SDN BHD PT. BINTANG TATABAHARI TEL- 6220 9362 TEL: 6220 1144 PORT KLANG TEL: 03-3005 8388 FAX: 03-3005 8616 (JAKARTA)4,778 words
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Advertisement210 2008-05-09 26 Fjgjl GLORY NAVIGATION GROUpI I( SINCE 1970 OWNS OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE ASIA PACIFIC PORTS I REGULAR WEEKLY SERVICES: m IKAOHSIUNG CHINESE PORTS, HONG KONG TO FROM SOUTHEAST ASIA I SINGAPORE HIAP WOON SHIPPING (S) PTE LTD 114 ROBINSON ROAD,210 words
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Article, Illustration1057 2008-05-09 27 VINCENT WEE - In light airs, Hull and Humber caught the right puff of breeze to win the race, reports VINCENT WEE IT'S all about being in the right place at the right time. Nowhere is this more true than in a sailing race in light airs. The boatsONEDITION; CUPPER VENTURES - 1,057 words
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Article, Illustration520 2008-05-09 27 VINCENT WEE - VINCENT WEE THE Panama Canal, one of the engineering wonders of the modern world, joins the Pacific and Atlantic oceans and was opened in 1914. The 77-km-long canal is vital to international shipping routes, shaving more than half the distance off a trip between keyJ TAN THONG MENG - 520 words
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Page 27 Advertisements
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Advertisement4 2008-05-09 27 i^^*^~.- -rai^rS? W ■tT/7W'/'l«J^*»W'lllW^ll'/i>lP7lli'»Jll*iTW'J'Wf"l'l^'7#l'f'l*'/lf'f'J/Wll//^*»Jl/f«[^'nVwWs7#lWllllW4 words
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Advertisement65 2008-05-09 27 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by ■^'''Ml THE BUSINESS TIMES Business Times journalist Vincent Wee, who did a circumnavigation on Uniquely Singapore Clipper in the 2005-2006 race and reported from onboard the boat in the first65 words
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PURSUITS
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Article, Illustration954 2008-05-09 28 CHRISTOPHER LIM - WINE Independent winemakers have more leeway to be adventurous while big corporations have the resources to do the research and development, reports CHRISTOPHER LIM BIG Australian wine conglomerates are adept at getting their products on store shelves, but should you be spending more954 words
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835 2008-05-09 28 N KYONG - N KYONG I CANNOT remember such lovely weather in Burgundy almost cloudless sunny skies, temperature in the low 20s centigrade, and being able to dine on the porch of our mini-apartment. We have been here four days now and so far our luck has835 words
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Article, Illustration526 2008-05-09 28 CHRISTOPHER LIM - CHRISTOPHER LIM GAMING SOME people take their computer gaming really seriously. They've got to have a storyline worthy of a Pulitzer, and demand a Grammy-quality music score. This applies not just to the world of massively multi-player online role-playing games, such as casual World of Warcraft526 words
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Article, Illustration514 2008-05-09 28 CHRISTOPHER LIM - CHRISTOPHER LIM NIGHT OUT THE string of anniversary parties continues with Attica's fourth birthday tomorrow. The Clarke Quay club is highlighting its style-conscious crowd by bringing back its popular "Maskuerade" party, Carnival Attica. The bi-annual theme party has been a hit with partygoers for the514 words
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PROFILE/MUSIC
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Article, Illustration823 2008-05-09 29 CHEAH UI- HOON - MTV vice-chairman Bill Roedy tells CHEAH UI-HOON that the network sees itself as a vehicle for cultural exchange TV is not just one of the world's biggest TV networks, it also champions local culture and management like few others. And that is why it hasJOSEPH NAIR - 823 words
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Article, Illustration624 2008-05-09 29 CHRISTOPHER LIM - CHRISTOPHER LIM CD REVIEW Imagine Armin Van Buuren Label: Armada Music Rating: B+ Hard Candy Madonna Label: Warner Rating: B The Odd Couple Gnarls Barkley Label: Warner Rating: A THE borders between the rock and electronica genres are pretty porous these days, with trance624 words
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Article, Illustration752 2008-05-09 29 CHRISTOPHER LIM - CHRISTOPHER LIM The music world really seems intent on boggling the mind of the music lover who just wants to figure out how to download music he loves without breaking any laws, and listen to it where and when he wants. Salvation seemed at752 words
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Page 29 Advertisements
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Advertisement19 2008-05-09 29 Head to CATS FASTADS in The New Paper for beauty haircare services! $A f BUY IT-SELL IT-FIND IT g19 words
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Advertisement60 2008-05-09 29 *Vg4pb^>rg^ Ist1 st Anniversary Celebration [trtiw ReJuL rLZ wto a £ratf it will be! Get a FREE* pasta dish with every 2 pasta dishes ordered. Also enjoy 1 for 1* bottle house pour of Prosecco, Wine Beer Valid for Saturday Sunday Brunch (12 noon to 3.30pm) *(of lower value; not60 words
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Advertisement64 2008-05-09 29 -4>r— Kjg ,m^^^^ H FURNITURE my Ir^u w^W^M i^^^^^« |i^^^^^^Jß MiW/ if fl/ If HI I ■™W tjß^tjjjjjjjjjjjjjjjjjjjjJH^^l ot every°ne can afford it, J butiftheyoui,theyareontoawinner,^ta^ in terms of an investment and the joy of life" -SirJ^umfhryWah^ddI I HI j^jj 186 Bukit Timah Road, Singapore *****5, t. 65 6737 4737, c.64 words
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ARTS/BOOKS
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Article, Illustration583 2008-05-09 30 MADHVI SUBRAHMANIAN - Savour a collection which highlights the maestro's virtuosity and embodies his artistic spirit. MADHVI SUBRAHMANIAN reports THE artistic spirit of modern art maestro Henri Matisse has settled temporarily in town, manifested in a rare viewing of his black-and-white prints at the Singapore Tyler Print Institute (STPI).583 words
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Article, Illustration610 2008-05-09 30 DANNY TAN - DANNY TAN THE tiger, it seems, is earning its stripes. Tiger Translate, a Tiger Beer initiative to groom emerging artists, is now two years old and is getting more successful in merging art and lifestyle in a cutting-edge and colourful way as visitors to610 words
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Article, Illustration718 2008-05-09 30 CHUANG PECK MING - CHUANG PECK MING Commonwealth. BOOK REVIEW Commonwealth by Jeffrey Sachs Allen Lane 386 pages Price: $42.95 Rating: B I SAT beside Fang Ai Lian recently at a media lunch. She chairs the Charity Council and said she wanted to get more corporate executivesCommonwealth. - 718 words
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Page 30 Miscellaneous
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Miscellaneous730 2008-05-09 30 artBEAT I that lurk in our subconscious, Celebrating human spirit Linking an Eastern are blurred. Puah's lyrical and both of which impart a JACQUES Brel is Alive and Well understanding with Western contemporary works in broad disturbing, haunting quality andLivinq in Paris is a idealism, Li's work speaks calligraphic brushstrokes730 words
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CINEMA
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Article, Illustration554 2008-05-09 31 PARVATHI NAYAR - A biopic about punk legend Ian Curtis transcends cliches, says PARVATHI NAYAR MUSIC legends make for popular subject matter with moviemakers, as the musical greats, unfortunately, usually had plenty of tragedy and drama in their lives. Filmmakers then have to walk a554 words
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Article, Illustration488 2008-05-09 31 CHRISTOPHER LIM - CHRISTOPHER LIM AS THE modern adaptation of the 1960s comic character Iron Man ploughed past the half-a-billion US dollar mark at the box-office, a revitalised Japanese anime series from the same era hit cinemas here yesterday. Speed Racer has had 21st century fairy dust488 words
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Article, Illustration269 2008-05-09 31 PARVATHI NAYAR - PARVATHI NAYAR IF you like magic, Death Defying Acts is an oddly compelling film, at the centre of which is an engaging performance by Guy Pearce as the charismatic Harry Houdini, who could be called "the most famous illusionist of all time"269 words
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Article, Illustration519 2008-05-09 31 GEOFFREY EU - GEOFFREY EU WHAT Happens in Vegas is a by-the-numbers offering in the romantic comedy sub-genre a never-de-manding, sometimes amusing, always predictable slice of lighter-than-air entertainment about an odd coupling that turns out to be a match made in screwball heaven. This unremarkable yet vaguely charming film, directed519 words
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Page 31 Advertisements
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Advertisement30 2008-05-09 31 PRESENTING THE FIRST AUTHENTIC KASHMIRI RESTAURANT IN SINGAPORE Authentic Kashmiri, Delectable North Indian and Succulent Tandoori Kebbabs Entwined with Royal Hospitality. I For reservations, please call 6293 6003 9666 532930 words
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Advertisement41 2008-05-09 31 THE TDHN EKDOS GALLERY Furnish your life \^J 'CVHfc\< ass'c comfort 1 >— "Sr^i Our Lazy leather chair and ottoman; available in six colours. www.johnerdosgallery.com Furniture, rugs, gifts accessories 83 Kirn Yam Road (at Moh'd Sultan Rd) Open every day 11-6 6735-330741 words
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Page 31 Miscellaneous
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Miscellaneous297 2008-05-09 31 CRYPTIC CROSSWORD ACROSS 5 Three times wash new vehi--1 Window that is blue and cle (7) white perhaps (8) 6 Symbol of decreasing signifi--6 Frenchman upset saint, one cance (5) appearing to be praying (6) 7 Dotcom company's gain? 9 Team from Plymouth, we (3,6) hear, or Lochgilphead area 8297 words
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lifestyle
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620 2008-05-09 32 PSST. Nobody knows this, but I have secretly signed up for a course titled "How to Rob 7-Eleven Stores and the Occasional Old Lady". There is also a sub-course I am tempted to take, but I can only do it if I achieve620 words
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Article, Illustration1497 2008-05-09 32 PARVATHI NAYAR - PARVATHI NAYAR finds out why Singapore is a hot spot for big art galleries wanting to stretch their networks into different countries SINGAPORE is strengthening its role as a link in the chain of big art galleries, whose business and artistic model is that1,497 words
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Page 32 Miscellaneous
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Miscellaneous7 2008-05-09 32 ARTS Matisse, in glorious black-and-white PAGE 307 words
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