The Business Times, 12 May 2008

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Microfilm: NL29366
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg •V A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Monday, May 12,2008
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  • Article, Illustration
    Lock icon S'pore law firms set up offices overseas
    830 1  -  CHEN HUIFEN But some players say it may not be the best way to go By [SINGAPORE] The rising tide of cross-border deals and infrastructure projects has led a growing number of local law firms to set up offices in the region and
    830 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      51 1 Weekly 3,162.03 lange -74.07 ST Index KLCOMP 1,285.27 +13.79 NIKKEI 225 13,655.34 -393.92 HANG SENG 25,063.17 -1177.85 SET INDEX 846.71 +3.56 JAKARTA COMP 2,375.03 +32.27 MANILA COMP 2,779.42 +56.47 SEOUL COMP 1,823.70 -24.57 SHENZHENB 561.96 -10.18 MUMBAI IND 16,737.07 -863.05 DOW 12,745.88 -312.32 NASDAQ 2,445.52 -31.47 S&P 500 1,388.28
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    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 16.107 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.81 INDIA 12.25 Source: Bloomberg
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      44 1 uss (s$ ier US$) 1.369 (US$/S$ per 1.954 2.675 EURO (US: i/S! >/Q 1.547 2.117 YEN 103.10 75.30 RM 3.196 2.334 HK! 7.796 5.694 BAHT 31.93 23.32 RUPIAH 9,250 6,756 RENMINBI 6.989 5.105 INDIAN RUPEE 41.53 30.33 A$ 1.062 0.776 NZ! 1.293 0.945
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  • Article
    Lock icon Petitions for compulsory liquidation rise in Q1
    661 1  -  ARTHUR SIM OCBC says it may be premature to pinpoint a trend By [SINGAPORE] The number of petitions filed with the Insolvency and Public Trustee's Office (IPT0) for compulsory liquidation rose to 17 in March, a 55.5 per cent increase over the 11
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      126 1 I BIZIT I HK^l POWER LUNCH I HOCK LOCK SIEW I f^f^ EMERGING Juniper rides on W^W Darryl Kuek: A man Improve disclosure of ENTERPRISE SOEasy rollout p* -'-.l ,J; for all seasonings daily stock volumes W* --^don Technologies Tk page 32 -*M&mM page 17 page 8 w^r _!l Services
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  • TOP STORIES
    • Article
      Lock icon QFLF scheme will increase competition
      642 2  -  EMILYN YAP Two international law firms are looking to set up shop here this year By F [SINGAPORE] Details are still on the drawing board, but the proposed Qualified Foreign Law Firm (QFLF) scheme already looks set to increase the competition for the best legal
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    • Article, Illustration
      Lock icon Services sector fosters growth
      651 2  -  CHUANG PECK MING But Singapore is hampered by a small home market and must go global By SINGAPORE'S economic planners are busy revving up the services engine to crank out more jobs and growth in the economy. They may want to take a look at a
      FILE PHOTO  -  651 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Eng Wah tycoon's suit returns to court
        64 2 THE legal spat between Eng Wah Organisation's patriach and a former Nominated Member of Parliament (NMP) has returned to the High Court. Cinema magnate Goh Eng Wah, 85, is suing former NMP Robert Chua and four others for more than $1 million in
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      • Article
        Lock icon Clariden Leu bullish on Asian wealth
        60 2 SWISS private bank Clariden Leu plans to more than double the size of its business in Asia, its new chief executive said last week. And the biggest problem in the private banking industry is still the battle to attract talented staff, said Hans Nutzi,
        60 words
      • Article
        Lock icon Good economic news in US akin to a mirage?
        48 2 THE US unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast. Some seemingly good economic numbers can be something of a mirage masking weaknesses in the United States economy. ECONOMY WATCH, PAGE 19
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      • Article
        Lock icon Subsidy bill for 2008 expected to hit RM50b
        67 2 MALAYSIAN government subsidies for gasoline, food and other essential goods are expected to hit RMSO billion (5521.3 billion) this year as global prices soar, Prime Minister Abdullah Ahmad Badawi said yesterday. This exceeds last year's subsidy bill of RM43 billion and is
        67 words
      • Article
        Lock icon No new currency derivatives in China this year
        48 2 CHINA will continue to develop existing currency derivatives this year, said the head of the nation's foreign-currency exchange. A variety of derivative products may help the nation's exporters and importers to better hedge their currency risks. GREATER CHINA, PAGE 21
        48 words
      • Article
        Lock icon Inflation threatens to oust Congress govt in key state
        79 2 IF the election in the state of Karnataka heralds things to come, then a key battleground in the fight to govern India will be the issue that angers Meena Govindaraj. Ms Govindaraj is the political nightmare of India's ruling Congress party
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      • Article
        Lock icon High oil prices will offset tax rebates for Americans
        75 2 CRUDE oil prices set a record for the fifth day in a row last Friday, eating into tax rebates being mailed to US households and prompting FedEx to slash its quarterly earnings forecast by US$lOO million. Since Congress and Mr Bush
        75 words
      • Article
        Lock icon Juniper rides on SOEasy rollout
        63 2 BEYOND lifting the winning consortium, the billion-dollar Standard Operating Environment (SOEasy) contract is giving a host of other companies a major sales boost, with Juniper Networks being one of the key beneficiaries. The network equipment giant has confirmed it will be supplying security components to
        63 words
    • Article
      Lock icon Nervous markets slipping on oil slick
      780 3  -  ANDREW MARKS WALL STREET INSIGHT Stocks reeling from talk that oil prices may reach US$2OO a barrel within 2 years By in New York WITH all the drama that's beset the US stock market in the first four months of 2008, it is perhaps
      780 words
    • Article, Illustration
      Lock icon Eng Wah tycoon's suit returns to court
      981 3  -  MICHELLE QUAH By [SINGAPORE] THE legal spat between Eng Wah Organisation's patriach and a former Nominated Member of Parliament (NMP) has returned to the High Court. Cinema magnate Goh Eng Wah, 85, is suing former NMP Robert Chua and four others for more
      981 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      228 2 In the heart of Orchard, Focus of the world, JnW Envy of many.The One project you must I own!!! 1808/ 2174/ 2465/ *****f Rare Gem in Orchard, Freehold, high floor, *****f, collectible condo in your investment portfolio. P rop Nex Exclusively present to you by Z?~l Sarah Phua +65 9337
      228 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      137 2 "If you want to GROW your wealth, aM this is one MONEY-MAKING SKILL f^^^-§ that you absolutely MUST know about." V Hi, I'm Joe Augustin, and I'm talking about TRADING. Whether 1 it's trading stocks, shares, futures or forex, you need to know how to trade like the professionals, so
      137 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 3
      60 2 Balanced Currency Harvest Euro IIC 30/04/08 104,59 EUR Booster Capital Guaranteed Fund USD i I ,i Croci Alpha Pairs Sectors USD Croci Alpha Pairs Sectors USD IIC 30/04/08 *****,01 SGD Metal Drive Guaranteed Fund RID 02/05/08 17,75 USD FX Select Guaranteed Fund RID 02/05/08 96,04 USD Commodity USD RIC-B 30/04/08
      60 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      160 3 Business Opportunity BETTER HOMES AND GARDENS sm Real Estate is seeking Affiliate for Singapore Better Homes and Gardens Real Estate LLC ("BH&G Real Estate") unites the resources of Realogy, a global provider of real estate and relocation services, with the tremendous power of the Better Homes and Gardens name. As
      160 words
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      Lock icon Page 3 Advertisements Column 2
      122 3 m T_w__?*_fc__^^-- ___k_^___________l *l H I IK I 4 _E^ M| *C>_s F''.':".'._H BHBBH www.servcorp.com.sg 3__B-T Everything but the office I From $90* per month! A |l No set up fees, no security deposit, month to month flexibility A\ Prestigious address for your business cards and letterhead Access to over
      122 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Is the worst really over?
      676 4  -  R SIVANITHY STOCKS Senior Correspondent IS THE worst of the financial crisis over? Depends on who you ask and what the definition of "the worst" is if it's the credit crunch that's being referred to, then the answer is probably yes. But if it's the
      676 words
    • Article
      Lock icon Speculative demand fuels new highs for oil
      331 4 -AFP COMMODITIES [LONDON] Oil prices rocketed to historic heights last week, hitting US$l26 per barrel, as traders focused on concerns about supply disruptions while the dollar won back some ground. Oil: Prices soared to fresh records each day last week on the back
      -AFP  -  331 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      2417 4 Legends US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (ad) Capital; (ac) Cash/Bonus; (ag) Dividend/Distribition; (ah) Final; (ai) To be announced; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (am) First and Final Tax Exempt; (an) First and
      2,417 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1972 4 Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name \dvance SCT Ltd 2.50 2.50 2 7.15 4.97 0.50 0.36 Jlco Commercial REIT 2.25 2.25 5.49 15.03 1.08 0.84 .II' ireen Pro lerties Ltd 2.45 2.10
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE
      56 4 INDICES May 9 VALUE CLOSE BT OB/OS -60.00-189.00 BT CADI -*****.00 -98.00 BT 10-day MA -*****.00 -6.00 FTSE ST Mid Cap 810.92 -11.54 FTSE ST Small Cap 684.86 -5.30 FTSE ST All Share 810.75 -4.74 FTSE ST China 500.08 -9.97 UOB Catalist 152.06 +1.45 SiMSCI 389.80 -1.66 SiMSCI
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    • Article
      Lock icon MOST ACTIVE STOCKS
      56 4 VOLUME Golden Agri 261,692,000 ChinaEnerqy 207,444,000 Sing Tel 180,458,000 Yanqzijianq 165,838,000 Oceanus 162,309,000 China Honqxinq 158,636,000 CoscoCorpDßeCWoBo929 149,514,000 JES 116,537,000 Ferrochina 112,509,000 Hisaka 108,469,000 VALUE(S) DBS Grp 703,031,573 Sing Tel 680,502,639 Keppel Corp 539,652,143 SGX 494,716,922 UOB 481,764,515 OCBC Bk 404,231,902 Capita Land 354,145,098 Cosco Corp 258,906,140
      56 words
    • Article
      Lock icon RISES
      115 4 BY CENTS CLOSE UP 8776 432.5 3.7 GLD 10US$ JMH 3378 112.2 2.5 Thai Prime Fd 913 72.5 6.2 JSH 1820 71.2 2.9 Great Eastern 1800 62.0 3.6 OCBC Bk4.5%NCPS 100 ***** 50.0 0.5 Sino-Env 187 36.0 23.8 Furama 299 33.0 12.4 StraitsAsia 356 32.0 9.9 DBS Bk6% NCPS
      115 words
    • Article
      Lock icon FALLS
      118 4 ir China H 10US$ BY CENTS CLOSE DOWN 1756-190.2 -7.3 Venture Cor| 1070-100.0 -8.5 :i 1152 -98.0 -7.8 UOB MBLJCW*****0 708 -94.0 -11.7 UOB 2056 -74.0 -3.5 SIA 200 1546 -72.0 -4.4 >r India Nr 10 1696 -65.0 -3.7 S I A 1554 -62.0 -3.8 IS MSCI India 100
      118 words
    • Article
      Lock icon CURRENCIES
      86 4 Wh lere S! i$ stands May 9 CHNG CLOSE FRMay8 YR2008 S$ LOW S$ HIGH uss 1.3685 0.55 1.4542 1.3457 Euro 2.1165 -0.26 2.2064 2.0474 Pounds 2.6751 0.75 2.8431 2.6568 AS 1.2880 0.59 1.3235 1.2349 Yen* 1.3277 -0.31 1.4484 1.2832 Rupiah* 0.***** 0.28 0.***** 0.***** Baht* 4.2833 0.67 4.4299
      86 words
    • Article, Illustration
      Lock icon Trading activity down; buyers outdo sellers
      1513 6  -  ROBERT HALILI INSIDE MARKETS Fund managers turn positive, but only one firm registers buybacks By TRADING activity by directors and substantial shareholders fell last week with only 147 trades done, based on filings on the Singapore Exchange from May 5 to 9. The figure
      1,513 words
    • Article
      Lock icon STOCKS ASIA
      2794 6 Transaction date: May 9 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 IONG KONG Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific Sank Of E Asia Seida Jade
      2,794 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      126 6 Stock name Close Change Cai i Land 6.500 -0.080 Cai iMall 3.480 -0.020 Cit' 11.520 -0.300 Cosco Con 3.370 -0.020 DBS Gri 19.980 FSN 4.920 +0.030 Gent Intl 0.585 HKLand 4.690 -0.010 JSH 18.200 -0.040 Jardine CSC 17.080 +0.140 tod name lose lange Kei Con 10.700
      126 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      102 6 Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 8 1 OOO 9 8 1 Manufacturing 100 88 52 15 17 15 115 105 67 Commerce 34 28 20 12 10 46 38 22 r/C. 15 17 17 19 Finance 12 24 12 25
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 6 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 138.214 138.214 729.138 729.138 Manufacture 2.463.717 172.626 2.636.343 1.995.690 23.250 2.018.940 Commerce 408.610 187.543 596.153 542.450 40.235 582.685 ]t/Stor/Comms 554.000 4.044 558.044 1.504.456 1.094 1.505.550 Finance 219.859 1.908 221.767 .183.863 365 2.184.228 Construction 178.806 211.847 390.653 45.325 26.238 71.563
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      162 5 tl_________F-V_H/ -jHJuJErw'-' V. "_f _H_i_k V __r 1 r :>. 1 ___r X ___r X. I I h^L W^ pj L%fl I Bj Dreams. Realities. ci I Maybe you dream of owning a home. >» Of opening a business. Or taking it global. >» Of retiring. Or choosing not to.
      162 words
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  • RISING ASIA
    • Article, Illustration
      Lock icon People matters in family businesses
      1185 7  -  Manpower management is a key issue for those facing inter-generation leadership change and talent crunch, reports CHEN HUIFEN FAMILY-RUN businesses dominate economies in Asia as they do elsewhere in the world generating substantial economic output and wealth. In the European Union, family firms are said
      1,185 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      83 7 Making more possible j ABN AMRO Private Banking This is the fifth of a fortnightly series brought to you by ABN AMRO Private Banking S r lUr^ __-^^^________r____________________^_________fl _nß_Sfl___S_________________L ii i *^J*^^^P_3_r^i __P Mm X 4£sv^ I'£-i->-/_b_r m—E^- with your loved ones' readiness and aspirations is essential. If you'd like
      83 words
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  • COMPANY NEWS
    • Article
      Lock icon Improve disclosure of daily warrant and stock volume
      588 8  -  R SIVANITHY ONE area of the local market which would benefit from better disclosure is the presentation of the daily volume figures, both for stocks and warrants. Currently, the Singapore Exchange's website provides an aggregate figure for the market's total turnover, with
      588 words
    • Article
      Lock icon Gallant units sell land worth $45m at Bintan's Lagoi Bay
      472 8  -  VIKRAM KHANNA By TWO subsidiaries of Singa-pore-listed Gallant Venture Ltd announced on Friday the sale of Ss4s million worth of land at Bintan's new Lagoi Bay development. PT Bintan Resorts Cakrawals and PT Buana Megawisatama indicated they had sold close
      472 words
    • Article
      Lock icon Dates of release
      156 8 First quarter ended March 2008 Huan Hsin Hldgs May 10 Armstrong Ind May 12 Del Monte Pac May 12 HTLIntl May 12 Lee Kirn Tah Hldgs May 12 Vicom May 12 Golden-Agri May 12 -Resources Celestial May 12 NutriFoods Li Heng Chemical May 12 China Lifestyle May
      156 words
    • Article
      Lock icon BT transparency index: Qian Hu remains on top
      533 8  -  MAX YUEN TEEN PENELOPE PHOON-COHEN A total of 463 firms scored in the latest issue of BT-CTI By and THE latest issue of the Business Times Corporate Transparency Index (BT-CTI), conducted jointly with the Corporate Governance Financial Reporting Centre and ACCA Singapore,
      533 words
    • COMPANY BRIEFS
      • Article
        Lock icon Global Ariel set to report Q1 loss
        50 8 GLOBAL Ariel warned over the weekend that the group will report a loss for the first quarter ended March 31, 2008, due to higher raw material cost increases in the reporting period, partly fuelled by rising inflationary pressures and heavy snowstorms in China.
        50 words
      • Article
        Lock icon Longcheer's Q3 net up 13% at 36.5m yuan
        69 8 LONGCHEER Holdings, a designer of mobile handsets in China, posted a 13 per cent year-on-year increase in net earnings for the third quarter ended March 31, 2008 to 36.5 million yuan (Ss7.l million) on the back of a 42 per cent jump
        69 words
      • Article
        Lock icon Hotel Royal posts Q1 profit of $1.7m
        60 8 HOTEL Royal has posted net earnings of $1.7 million for QI ended March 31, 2008. This compares with $32.2 million net earnings in the same year-ago period, when the group booked an exceptional gain of nearly $31 million from the sale of Dapenso
        60 words
      • Article
        Lock icon Huan Hsin's earnings for Q1 drop 57%
        41 8 HUAN Hsin Holdings, an integrated contract manufacturer of telecommunications and electronic products, posted a 57 per cent drop in QI net earnings to $6.3 million while revenue rose 19 per cent to $234.8 million.
        41 words
    • Article
      Lock icon BT Corporate Transparency Index (Issue 4)
      7468 10 1 Qian Hu Corporation 2 Mobileone 3 Singtel Keppel Land 5 Keppel Corporation Multi-Chem 7 Singapore Exchange SMRT Corporation 9 Singapore Post 10 Ascendas Real Estate Investment Trust 31 Dec 07 31 Dec 07 31 Mar 07 31 Dec 07 31 Dec 07 31
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      129 8 mauaumm \!> *>* mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm^-4 m mmmmmmmmm m\ 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 M\ I upon confirmation of booking or by 14th May 2008 whichever
      129 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      75 8 ■ii.iii,inni_____fl U.S. Manufacturer Seeks Exclusive Distributor for SINGAPORE We are an industry leader in the environmental protection factory life extension industry, with some of the most advanced products in the world. We are looking for a highly talented and skilled business professional/organization to become our exclusive stocking distributor for SINGAPORE
      75 words
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      286 9 1 s3>' J wfli I*' If f i ✓^r Right Here at B Rodyk Freehold private abode at Robertson Quay Fon Preview, please call 3131 4587 >» Next to Singapore River, with an exciting >» 3 spectacular views to choose from: t3 I CjCj I ddl l belt of cafe,
      286 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Clariden Leu bullish on Asian wealth
      391 12  -  CONRAD TAN To match expected demand growth, it plans to expand its operations in region By SWISS private bank Clariden Leu has plans to more than double the size of its business in Asia, its new chief executive said last week. "We have a
      391 words
    • Article, Illustration
      Lock icon Traipsing through Napa Valley wines
      350 12  -  JOHN HENG By The Business Times threw its ninth Wine Night last Wednesday, with a return to still wine after exploring champagne and whisky in two recent iterations of the quarterly event. Event sponsor Land Rover graciously hosted the night at its showroom, which comfortably
      JOHN HENG  -  350 words
    • Article
      Lock icon SMU grads get jobs within 6 months of graduation
      352 12  -  QUAH CHIN CHIN By TWO years ago, Bernard Chen, then a finance student at the Singapore Management University (SMU), interned at hedge fund Tribeca Global Management (Asia), where he assisted portfolio managers in coming up with trading ideas and research analyses.
      352 words
    • Article
      Lock icon Zuji's new tool will let users create own travel packages
      291 12 ONLINE travel company Zuji Travel is planning to ramp up its website by implementing Package Guru a tool that allows customers to bundle services for a personalised travel experience in hopes of attracting travellers who would otherwise turn to travel
      291 words
  • Page 12 Advertisements
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      150 words
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      Lock icon Page 12 Advertisements Column 2
      512 12 _r3S!BiBHS Lost of Bill of Lading The complete set of Bill of Lading Original Signed dated 21 April 2008 1 x 40'HQ Container Seal Number (CRXU*****80 2339 40HQ) said to contain Free Standing Digital Tyre Inflator has been reported lost. It is to be considered as null and void when
      512 words
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      Lock icon Page 12 Advertisements Column 3
      354 12 CAPITALAND COMMERCIAL UNITED 5530,000,000 Floating Rate Notes Due 2008 Pursuant to CONDITION 4(V)(b) of the Notes, notice is hereby given that. In respect of the Final Interest Period from May 12, 2008 and ending on (but excluding) November 10, 2008. (a) the Rate of Interest payable on the principal amount
      354 words
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      Lock icon Page 12 Advertisements Column 4
      10 12 ■J^?-!_[!aVß \l________________________________________________________ Af**^**^*^ 0^ i —^^r^?^/ A fW_u2n^H[H_l __F______sP^^^Mr^^_B _--___t==__________r®T?^__i_ilil______l
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      Lock icon Page 12 Advertisements Column 5
      64 12 ERP gantry locations and prices Live traffic news Building name and block numbers Shortest and quickest routes Shopping Centres Schools j^^-j-.-j. and block number f p^*^"^■_-_«_-,__ i> r""* JL J -4=r" t -X H|h Maps I Plan your next journey with Rednano. Get the most updated and accurate geographical information
      64 words
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  • EMERGING ENTERPRISE 2008
    • Article, Illustration
      Lock icon Setting up from scratch
      1171 13  -  ATS now offers 1,000 specialised products and services in the semiconductor and wafer fabrication sectors, says WEE JUN KAI THE ultra-competitive electronics industry leaves no room for error. And Aldon Technologies Services (ATS) boss Allen Ang has positioned his company at the very forefront of the
      JOSEPH NAIR  -  1,171 words
  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      58 13 ______T mmm 9 iH|9 I when you visit the iflgl Citigold Select Centre 11 at Paragon, #06-25/26 i^Bffl (Mon to Fri: 9.30am-6pm, Mm Sat: 9.30am-12pm). Bfl Please call 6388 3388 »|9 for details. *Limited copies W 'm^ ■9 H 1 /lU yW 1 Hi____ H __i K^^_-»»^^^ A collection from
      58 words
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      Lock icon Page 13 Advertisements Column 2
      1129 13 ®HUA NAN COMMERCIAL BANK, LTD. (A Wholly-Owned Subsidiary of Hua Nan Financial Holdings Co., Ltd.) (In Thousands of New Taiwan Dollars, Except Par Value) (In Thousands of New Taiwan Dollars, Except Earnings Per Share) 2007 2006 2007 2006 ASSETS Amount Amount Amount Amount Cash and cash equivalents 18,881,099 31,348,639 INTEREST
      1,129 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Eye on the US economy
      3434 14 THIS WEEK'S TOPIC How do you see the downturn in the US playing out? Will it be V-shaped, U-shaped or L-shaped? Given your prediction, how do you see that downturn affecting your organisation and how are you planning for it? US downturn may be U-shaped
      REUTERS, USA TODAY, BLOOMBERG  -  3,434 words
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  • Page 15 Advertisements
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      55 15 ____R* ._■>■' i^3AW£c tkQ&^ .-i-p^ 1 jjjij' ijp^' ___s^^^__s_= i At Credit Suisse, we develop integrated solutions for the benefit of our clients. By building on our experience and expertise globally, we help our clients realize new opportunities. This has been our ambition since 1856. www.credit-suisse.com Thinking New Perspectives. V__>
      55 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Plenty to choose from in this authentic Thai spread
      429 16  -  Cheah Ui-Hoon EXOTIC THAI The Orchard Cafe Orchard Hotel 442 Orchard Road Tel: 6739-6565 TWO guest female chefs from Thailand are cooking up a storm at The Orchard Cafe until the end of the week, in a two-week promotion of Thai
      429 words
    • Article, Illustration
      Lock icon A homespun touch of Tuscany
      687 16  -  Geoffrey Eu NEW RESTAURANT Pietrasanta 5B Portsdown Road, #01-03 Tel: 6479-9521 www.ristorante-pietrasanta.com THE recent launch of the small F&B cluster known as Wessex Village Square, in the leafy Portsdown Road area has led to a noticeable increase in visitor activity as nearby residents and people
      ARTHUR LEE  -  687 words
  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      86 16 [f Indulge in Chatterbox's Local High Tea from 2pm to spm or chill out with Mezeßar's High Tea selection from 12pm to spm. Available only on Saturdays, Sundays and Public Holidays. Buffets priced at $29++ per person. MERITUS MANDARIN SINGAPORE www.mandarin-singapore.com For reservations, please call 6831 6291/86 or email dine.tms@meritus-hotels.com
      86 words
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      31 16 —v___y ~y I la^_______ I -l^-T^_______l CTjTTVI _________1 a l^- T ___T -^A __x^^^V ULJ^Qil^cJ 'J^^fl I /*~X \N Enjoy special advertisement rates X^ |1 ™^s dedicated culinary environment. k\m J
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  • DINING OUT WITH citibank
    • Article, Illustration
      Lock icon A man for all seasonings
      903 17  -  JAIME EE POWER Lunch By MAN does not live by bread alone, although Darryl Kuek makes his living from it. As the senior general manager of Sunshine Bakeries, it's his job to make sure that 100,000 loaves of freshly baked bread are laid out on
      JOHN HENG  -  903 words
    • Article, Illustration
      Lock icon Skewing towards A380 levels
      652 17 NEW RESTAURANT Akashi Japanese Restaurant #01-01 Orchard Parade Hotel Tel: 6732-4438 FANS of Japanese restaurant Akashi have always sworn by the high quality and reasonable pricing at its original outlet in Tanglin Shopping Centre. But as Akashi grows to include outlets in Paragon and Vivo City,
      JOSEPH NAIR  -  652 words
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      54 17 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 ""j Mobile Gourmet l*._J citibank.com.sg/singapore/gpmobile fi '"'.si Your Citibank guide to gourmet pleasures this week t J 3 f| V#l VI YsJkA I I i Brought
      54 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Hedging risk in uncertain climes
      877 18  -  Alternative investments in hedge funds form a good diversification as a small part of one's portfolio, writes ANAND SRINIVASAN THE recent turmoil in the equity and credit markets throughout the world in late 2007 and early 2008 has had everybody wondering if there are any
      877 words
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      Lock icon Sharing environmental concerns
      903 18  -  CAMPUS LIFE A group of NTU film students braved weather and terrain to shoot conservation efforts, writes lAN POH FOR many Singapore-born male undergraduates, encounters with the jungle wild are largely centred around basic military training experiences during national service. But for Kenny Heng, 25, this was
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    • Article
      Lock icon Be smart with your finances
      204 18 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
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      46 18 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • ECONOMY WATCH
    • Article
      Lock icon Good economic news in US akin to a mirage?
      961 19 Some positive numbers seem to be masking weaknesses in the US economy [WASHINGTON] The US unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast. Some seemingly good economic numbers can be something of a mirage
      961 words
    • Article
      Lock icon PRIME LENDING RATES
      393 19 May 9 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
      393 words
    • Article
      Lock icon Banks tightening loan conditions: ECB poll
      516 19 AFP [FRANKFURT] Anyone looking for a bank loan is finding it tougher because of the recent financial market turbulence and there is little short-term relief in sight, a European Central Bank survey shows. Eurozone banks in a quarterly poll by the ECB said on
      AFP  -  516 words
    • Article, Illustration
      Lock icon US, EU officials hail dollar's advance since G-7's concern
      521 19 Bloomberg [NEW YORK] US and European officials have signalled satisfaction that the dollar is stabilising after Group of Seven (G-7) policymakers expressed concern a month ago about its decline. The dollar has advanced 3.4 per cent from its record low of
      – Bloomberg  -  521 words
  • Page 19 Advertisements
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      166 19 __F_a*w7_a!K^s.^WSl 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,
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      632 19 CHINA EDUCATION LIMITED (the "Company". (Incorporated in Bermuda with limited liability) (Company Registration No. *****) (Australian Registered Body No. 070 569 023) PROPOSED SCHEME OF AMALGAMATION I BOOKS CLOSURE DATE I I' Unless otherwise defined herein, all terms and references used in this Announcement are I defined or construed in
      632 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Missing the agri-boat
      665 20  -  PAULINE NG MALAYSIA INSIGHT There is talk of cutting the country's rising food import bill but little incentive is offered ONE of Thai Prime Minister Samak Sundaravej's requests on a visit to Malaysia last month was for some time out from his tight schedule to look at
      665 words
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      Lock icon Subsidy bill for 2008 expected to hit RM50b
      527 20 AP, Reuters Govt plans to charge foreigners market prices for gasoline [KUALA LUMPUR] Malaysian government subsidies for gasoline, food and other essential goods are expected to hit RMSO billion (5521.3 billion) this year as global prices soar, Prime Minister Abdullah Ahmad Badawi
      ■ AP, Reuters  -  527 words
    • Article
      Lock icon Hiking subsidies not the way forward: Mahathir
      361 20 -AFP [KUALA LUMPUR] Malaysia's former premier yesterday urged Prime Minister Abdullah Ahmad Badawi not to tackle the country's soaring food and fuel prices by increasing subsidies. The comments by Mahathir Mohamad come after Mr Abdullah admitted over the weekend that funds set aside
      -AFP  -  361 words
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      87 20 tan «B K| JL j___r S t^"^ jg—^ _WRPPiV9i_f-P WPH ■_________»._-___B___i____i «^>^c'*'^'i"'-<>iJ>-,Kl^r a r'H 1 11TY' _J **:'"""-"b|I I j ■i^-_--'<fl-ilTp^3pjl^y^ l py«- "**filfaM_y 'j, I _hu l____l g fiP—-1 t^ _t__:^___H l__^^____^^ -_1 _bw'__. k.f !s*r'*^rr ■■^■■""tt J_H _^_^*^>H/a_Fi__________S/_____i I H *"T^ ■p>-i— ~.-^__r. j I V_^H ™\_^^^^__R__r%*H___l __fc_"^__^\___i____
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China seen little affected by US slowdown
      340 21 Bloomberg [BEIJING] China will see only a "limited" impact from the slowdown in the US, the world's biggest economy, as most goods that it sells there are labour-intensive items needed for daily use, said the World Bank's chief economist, Justin Lin. "Chinese exports
      Bloomberg  -  340 words
    • Article
      Lock icon No new currency derivatives this year
      434 21 Bloomberg Forex exchange to develop existing ones according to market demand [SHANGHAI] China wiU continue to develop existing currency derivatives this year, said the head of the nation's foreign-currency exchange. "We will further develop existing foreign-exchange derivatives this year accor- ding to market demand,"
      Bloomberg  -  434 words
    • Article, Illustration
      Lock icon Mars-Wrigley seen in sweeter spot in China
      650 21 Reuters [NEW YORK] The merger of two famous US candy companies should make it easier to distribute venerable brands such as M&Ms and Snickers in China, where the craving for chocolate has grown with the country's wealth. Recently, privately held Mars Inc teamed
      Reuters; AP  -  650 words
    • Article
      Lock icon Cutting inflation remains key goal: Beijing
      285 21 Reuters [SHANGHAI] China's monetary authorities are struggling to address conflicting policy goals, but inflation will remain the top policy concern, the country's central bank governor said on Saturday. While the United States and other countries are more focused on fending off a recession, China's
      Reuters  -  285 words
  • Page 21 Advertisements
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      11 21 CATS Recruit The first door to your world of opportunities I
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      1205 21 If you are in any of these situations: b_^^_^ You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch
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  • INDIA
    • Article
      Lock icon It's boom time for print media
      598 22 Reuters [MUMBAI] When Conde Nast launched its premium lifestyle magazine Vogue in India last year, it carried a whopping 168 pages of advertisements of a total 400 pages. Now, the publisher is preparing to launch its luxury men's magazine GQ and expects a similar
      – Reuters  -  598 words
    • Article
      Lock icon Congress party trails rival BJP in Karnataka polls
      296 22 AFP [BANGALORE] India's ruling Congress party trailed its main rival after the first round of balloting in a crucial state election seen as the precursor to a national vote, according to an exit poll yesterday. The Congress would emerge with just 23
      AFP  -  296 words
    • Article, Illustration
      Lock icon Inflation threatens to oust Cong govt in key state
      736 22 -Reuters Poll outcome in Karnataka may also signal which party wins general election [BANGALORE] If the election in the southern Indian state of Karnataka heralds things to come, then one of the key battlegrounds in the fight to govern India will
      -Reuters; REUTERS  -  736 words
    • Article
      Lock icon Bangladesh to reopen talks on Tata's investment
      314 22 AFP [DHAKA] Bangladesh's military-backed government was due to reopen negotiations with Indian conglomerate Tata yesterday on the group's record US$3 billion investment plan, officials said. Senior Tata officials, led by its executive director Alan Rosling, will meet top government bureaucrats nearly two years
      AFP  -  314 words
  • Page 22 Advertisements
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      20 22 F7EG 4 BUSY DM fox wxm <om»m nm <om AW I r ______^^^^^^^^^^^^^__J •ON DA. TO PftIDAV S:00PfA'8:00f fA l/t-W.WI0913_O0»l
      20 words
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      Lock icon Page 22 Advertisements Column 2
      58 22 Wf^WG*WmmWR^L mm* -BEL-. __!«•»-<»* I _____________s^ep 891 I 3-1-.-\wjSWm\w P.,-----! P ___4_^__L__S_____V7 ___a__t____y| Sfl gy J.Q.% MB® [-^IkiiSLi]® IJlkssitei. 9m£ J Bf&ilffltM-Kf' Presented by Performed by *m /9i 44 __K^ Zhengzllou Song anil* M *J& --TW DanceTta-ie, '17» '•r Mr Henan Province, CMna Oftrc/a/ Offic/a/ Official c,_-„--, <_,_--,_**,„ /l/rfine Freight
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      59 22 m*y "Hurry! V^Get Yours Now!" V Travel Photography: Capturing timeless memories Beyond the Camera: Bags for your next travel photography adventure My Best Shots: Fabulous photos from our readers K_Ll_£ ________*Ji mK__ I_P-___^J_l _____P__r_v__i_^^^_i I __^vr aß -> I WW~ ___H^r_^-^/_i il-i .<!< I^l i_ _B f^^ my To subscribe,
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Streams of survivors leave Irrawaddy delta
      630 23 Reuters, AP Thousands will die if emergency supplies do not get through soon: aid workers [YANGON] Desperate survivors of Cyclone Nargis poured out of Myanmar's Irrawaddy delta yesterday in search of food, water and medicine but aid workers said thousands would die if emergency
      Reuters, AP  -  630 words
    • Article
      Lock icon GM crops still getting mixed response in Asia
      546 23 -AFP They get nod from Manila; other govts less enthusiastic [MANILA] With food prices hitting record highs, the jury is still out in Asia as to whether genetically modified crops hold the key to future food security. The Philippine government has openly
      -AFP  -  546 words
    • Article
      Lock icon HSBC takes US$4.6b writedown
      324 23 Bloomberg [LONDON] HSBC Holdings will today announce a writedown of US$4.6 billion linked to losses against mortgages, credit cards and other loans to US consumers, The Observer reported, without citing a source. The writedowns will take the total amount of credit losses linked to the collapse
      Bloomberg  -  324 words
    • Article, Illustration
      Lock icon Massa wins third straight Turkish GP
      482 23 AFP [ISTANBUL] Brazilian Felipe Massa swept to a hat-trick of Turkish Grand Prix victories from pole position yesterday with another domineering display for Ferrari at Istanbul Park. The Latin American triumphed by 3.7 seconds ahead of McLaren's British driver Lewis Hamilton with reigning champion
      AFP  -  482 words
  • Page 23 Advertisements
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      340 23 28-29 MAY 2008, LANGHAM PLACE, HONG KONG China globalisation Strategies for Growth &.Overseas Direct Investment Gain insights from top advisers in legal, financial and operational aspects of Overseas Direct Investment and how to make globalisation a success. Government, Trade and Business Council Representatives from USA, Europe, Africa and Asia offer
      340 words
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  • WORLD
    • Article
      Lock icon News Corp withdraws bid for Newsday newspaper
      385 24 AP Its departure leaves Cablevision as the most likely buyer [NEW YORK] News Corp, the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island paper Newsday, a News Corp spokeswoman said on Saturday. The decision to revoke
      AP  -  385 words
    • Article
      Lock icon Obama erases Clinton's lead in superdelegate endorsements
      302 24 -AP [WASHINGTON] Barack Obama erased Hillary Rodham Clinton's once-imposing lead among superdelegates on Saturday when he added more endorsements from the group of Democrats who will decide the party's nomination for president. Mr Obama added superdelegates from Utah and Ohio, as well as
      -AP  -  302 words
    • Article
      Lock icon High oil prices will offset tax rebates for Americans
      401 24 ■LATWP FedEx cuts quarterly earnings forecast by USsloom because of rising fuel costs [WASHINGTON] On the eve of US President George W Bush's visit to Saudi Arabia, crude oil prices set a record for the fifth day in a row last
      ■LATWP  -  401 words
  • Page 24 Advertisements
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      1290 24 HllllM CHANG HWA COMMERCIAL BANK, LTD. CHANG HWA BANK HEAD OFFICE: TAIWAN R.O.C. Chairman: Yung-San Lee Directors: Cheng-Hsien Lin, Ching-Hsi Chang, Hwai-Hsin Liang, Managing Directors: Charles W. Y. Wang, Ler-Ming Su James Long Su Lin, Thomas K.K. Lin, Min-Yu Chang, Cheng Ching Wu, Henry C.S. Kao Wan-Ching Chen, Wen-Hsian Lai,
      1,290 words
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      Lock icon Page 24 Advertisements Column 2
      38 24 Take your business beyond the boardroom °^I-W jlfl IJJEI L s(ff i Am 1 ___L____i____i 1 E T\f I Chinese Restaurant It &AJL.* J_ 1 -JO 11 I jmwlamm^r y. together pe^^^tf __________________________________fl __p9_p_ii I ill BIIW _____f____l
      38 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon China forms company to build regional, jumbo jets
      649 25 Reuters Commercial Aircraft Corp of China is capitalised at 19 billion yuan [BEIJING] China has established a company to build regional commercial jets, with an eye to eventually reducing the country's reliance on Boeing and Airbus for jumbo jets, official media said
      Reuters; AP FILE PHOTO  -  649 words
    • Article
      Lock icon B787 buyers face up to 30 months' delivery delay
      292 25 -AP [SEATTLE] Delays in getting Boeing's new 787 jetliner off the ground will push deliveries to some of the planemaker's customers back by as much as 30 months, according to reports on Friday. Two of those customers, International Lease Finance and
      -AP  -  292 words
    • Article
      Lock icon Form reports drop in Q1 profit
      166 25 Bloomberg [DENMARK] Torm, the largest operator of gasoline and jet-fuel tankers, said first-quarter profit fell 92 per cent after the sale of a unit in the same period last year, adding that it is now benefiting from "strong" tanker rates. Net income dropped to
      ■ Bloomberg  -  166 words
    • Article
      Lock icon Reluctant banks stall debt talks for BAA
      246 25 Reuters [MADRID] British airport operator BAA has not signed up enough banks to back a debt renegotiation and may not be able to start talks with bondholders in coming weeks as it had planned, it said last Friday. BAA and parent Ferrovial are
      Reuters  -  246 words
    • Article
      Lock icon Investors seek access to Alitalia's updated data
      228 25 Bloomberg [ROME] Bruno Ermolli, the businessman chosen by Italian Prime Minister Silvio Berlusconi to assemble a group of bidders for Alitalia SpA, has asked the airline for access to updated data and information on the company. The data is needed by investors in
      Bloomberg  -  228 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        99 25 '000 :H Offshore Ihuan Hup Hldgs losco Corp IWTLtd Ezra Hldgs :irst Ship Lease :reight Links jrand Banks aya Hold Ltd Ceppel Corp Corp JOL 'acific Shipping 3an-United Corp Sickmers Mari iamudera Ship iembcorp Indust iembcorp Marine ipore Ship 0.61 0.37 3.37 0.79 2.50 1.12 0.07 0.87 1.45 0.22
        99 words
      • Article
        Lock icon KLSE
        32 25 '000 it'G Logistics /lISCBhd /I ISC Foreign /Isia Bulk Carrie ICB Holdings lepline Bhd 0.82 9.45 9.50 4.20 3.20 unch -0.02 unch 0.15 -0.08 unch unch 2! 161: 741 64} i
        32 words
      • Article
        Lock icon BANGKOK
        12 25 ■oo ■recious Ship Jegional Cont 26.25 24.00 1.00 unch 309; 42!
        12 words
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        Lock icon HONGKONG
        11 25 '000 Doil iingamas Cont .51.20 ...2.22 0.20 -0.03 134; 2381
        11 words
      • Article
        Lock icon PHILIPPINES
        17 25 '000 vboitiz Equity ntl Container leppel Marine 6.80 31.00 2.50 0.10 unch unch ioo: 13! 5
        17 words
      • Article
        Lock icon TAIPEI
        19 25 Evergreen Marine ....28.05 :irst Steamship 82.20 Wan Hai Lines 26.90 fang Ming Marine...23.50 -0.30 1.40 -0.15 0.05 1
        19 words
      • Article
        Lock icon TOKYO
        38 25 '000 :awasaki Hvy Ind ..262.00 -11.00 1949: :awasaki Kisen ...1062.00 -35.00 508: /litsubishi Hvy 460.00 -10.00 2036: /litsui Eng&Sbldg...340.00 -23.00 2760! /litsuiOsk Lines ...1466.00 -45.00 72K lippon Express 540.00 -6.00 814! lipponYusen 1017.00 -32.00 499: ource: Reuters
        38 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2456 25 AIRLINE CODES: AA American Airlines (AAL ance (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd BA), BO Bouraq Airlines (BOU), BR EVA Airways
      2,456 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      358 25 CRYPTIC CROSSWORD ACROSS 7 Frontier's safe around Eng- mmw] —^H.—^mWi __H4 mWi' MU lish border (9) ffi HT HHI H 8 Labour's head of Govern- 17 ment platform (5) 10 Get on top mount (8) H| X 11 Moderate sermon is heard Ro Bn 12 Islamic leader governed HE |Hj
      358 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      6429 26 Week ended: May 9 »-wks Tel Low Code Last Sale Vol ('000) Hi i feek L Low B'u; Quote Seller Div C'vr Net P/E I Cap $mil Hii Com| 5716 1st Software ***** §1 ISg Si?" 'is '?2° s ffi Fs P E 24.5 7.5 1100 AEM 42
      6,429 words
    • Article
      Lock icon SGX XTRANET
      69 26 _Hm Low Code Comi Sale ('ooo) _H|< Low Bui Seller C'vr P/E $mil 200 116 6065 Diamonds US200cd 250 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS US6200 US1000 US***** US***** 60 70 100 100
      69 words
    • Article
      Lock icon SGX CATALIST
      2109 26 Hii lh Low Code Comi >an< Sale C000) Hii Low Bu1 ier Seller C'vr P/E $mil 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 19.5 3518 s Afor 70.5 12 1524 s Alantac
      2,109 words
    • Article
      Lock icon CLOB INTERNATIONAL
      254 26 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      254 words
  • Page 26 Advertisements
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      28 26 Sole Distributor Service Centre: AUDEMARS PJGUET (SINGAPORE) PRIVATE LIMITED .jM mmmmmmWUAWJOA^^SHSBSSSS^ 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 mm^'<L—' m Internet: Http://www.audemarspigu_t.com
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      360 27 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar World Index Preliminan 1055.7 -1.0 -6.7 -1.4 -9.4 -0.9 -4.7 EAFE Preliminai 1016.7 -1.3 -9.3 -1.7 -9.8 -1.2 -5.1 Euro[ Preliminan 1403.6 -1.2 -9.0 -1.7 -10.6 -1.2 -6.I Pacific 866.5 -1.4
      360 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 27 A. s 9am May. Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2870 1.3020 Can dollar 1.3440 1.3600 Euro 2.1020 2.1260 NZ dollar 1.0500 1.0740 iterlini ind 2.6680 2.6991 US dollar 1.3640 1.3800 Local dollars to 100 units of foreign currency:
      130 words
    • Article
      Lock icon INTERBANK RATES
      157 27 May 9 Overnight 13/16 1-month 1 1/4 2-months 1 5/16 3-months 1 7/16 Overnight mode: 3/4 USS Offer 11/16 1 1/8 1 3/16 1 5/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.45 2.65 2.80 2.90 2.95 3.10 3.10
      157 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 27 May 9 STI IIMSCI Ma' 388.7 389.9 387.1 Taiwan Ma' 340.8 341.3 336.8 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 May 9 S$ Bid Offer 1-month 1.3668 1.3682 2-months 1.3653 1.3668 3-months 1.3640 1.3655 6-months 1.3601 1.3618 Source: OCBC
      22 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      158 27 May. I Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2879 1.2893 0.9411 0.9413 Canadian dollar 1.3551 1.3568 0.9902 0.9906 Euro 2.1164 2.1185 1.5465 1.5467 NZ dollar 1.0576 1.0599 0.7728 0.7738 Sterlini ind 2.6736 2.6765 1.9537 1.9541
      158 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      343 27 May 9 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun08 Sep08 Dec08 Mar09 97.425 97.420 97.255 97.140 0 0 0 0 ***** ***** ***** ***** EUROYEN FUTURES Jun08 99.160 99.160 Sep08 99.120 99.145B Dec08 99.080 99.080 Mar09 99.030B Jun09 98.970B Sep09 Dec09 Mar10 99.150 99.120 98.980
      343 words
    • Article
      Lock icon SICOM FUTURES
      282 27 May9| KUbbbK 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 09 407.75 401.50 400.25 398.50 397.50 398.50 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open Interest
      282 words
    • Article
      Lock icon CHICAGO BOT
      103 27 May 9 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 08 1349.50 1298.25 1344.00 1327.00 Jul 08 1358.00 1310.00 1365.00 1330.00 Aug 08 1353.25 1304.00 1353.00 1328.00 Sep 08 1324.75 1274.25 1326.00 1300.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 61.53 59.08 61.70 60.50
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 27 CRUDE OIL PRODUCTS May. CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 121.18 0.48 WTI (Near Mth) 123.82 0.35 Dubai (1-Mth F) 116.31 1.73 Tapis blend 127.25 1.3 Minas 124.75 1.6 PRODUCT USS/barrel (FOB S'pore) Close Chanqe Naphtha Jet Kerosene 109.27 148.50 0.10 4.45 USS/barrel Opec Oil Basket
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      451 27 May. luro ren ton 'eso Earn 'ouni Australia 0.950 6.578 0.609 7.338 39.088 87.061 0.970 9.810 3.008 1.217 65.413 40.015 1.289 7.212 0.983 28.844 30.053 0.482 0.941 Canada 1.052 6.922 0.640 7.721 41.131 91.611 1.021 10.322 3.165 1.281 68.832 42.107 1.356 7.589 1.034 30.352 31.623 0.507 0.990
      451 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 27 May. 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 0.89 1.03 0.86 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 15-Year NY*****X
      88 words
    • Article
      Lock icon SIBOR
      76 27 May 9 1 mth 2.***** 1.***** 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP
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      Lock icon PALM OIL
      66 27 May. I KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low May 08 3390 Jun 08 3465 Jul 08 3465 Aug 08 3463 Total o/p: ***** contracts 3431 3390 3390 40 679 3488 3488 3439 668 5794 3495 3497
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    • Article
      Lock icon PRECIOUS METALS
      136 27 May 9 GOLD (USS/oz) May 09 May 08 Hong Kong London 885.70 869.70 886.70 870.70 May 08 May 09 884.05 875.70 885.05 876.90 Source: Reuters CAST BAR (SS) May 09 Buying Sellini Kilobar "41,735.35" ***** PAMP GOLD BARS (SS) Sellinq Buying Igm 5gm lOgm 20gm 50gm lOOgm 1
      136 words
    • Article
      Lock icon LONDON METALS
      67 27 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2840.50 2829.20 3 months 2885.00 2875.00 Copper, Grade A (USS/tonne) Cash 3 months 8217.00 8100.00 8435.50 8300.00 Lead (USS/tonne) Cash 2174.00 3 months 2191.00 2304.00 2320.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00 *****.00 3
      67 words
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      Lock icon LIFFE
      82 27 May 9 (£/tonne) Close Prev Hii ih/Low May 08 1478 1457 1487/1451 Jul 08 1499 1483 1512/1475 Sep 08 1446 1429 1459/1425 Dec 08 1426 1409 1440/1405 COFFEE (USS/tonne) Close Pev High/Low May 08 2210 2141 2222/2135 Jul 08 2231 2164 2276/2154 Sep 08 2206 2162 2244/2153 Nov 08
      82 words
    • Article
      Lock icon BONDS & WARRANTS
      3243 27 BONDS WARRANTS Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left 2036 Advance SCT Ltd W*****9 ArianeCorp Ltd W*****9 9092 Asia Environment W*****4 8756 Asiatic Grp (H) Ltd W*****2 3657 Biosensors DB ECW*****3 4.5 0.5 508 1 0.5 802 15.5
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      3617 29 RICKMERS-LINIE -mmum^ ,**»**>**. Tjrgn EASTERN CAR LINER. LTD (jft £J®3S^ Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com II 111 E. I I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I ,_,rr„, v cvrmccc on m. cnucniii USA Service I n WeeKLY bXrnboo oAILINu oUrIbUULb Vessel I Voy I SIN I
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      5928 30 I_~l A MnTDCCM Tel: 65-*****907 Fax: *****917 T___._ __r____^ I!! 19 !S andersen e-.*.«■.>.«■.»«.<.. lish glory navigation rriiiipl ■rpMklH 15JB Hs__i l shipping compa ~7 70 Shenton Way, #21-03 Marina House Singapore *****8 f-SA i"-uil -l-l-HO-ll lUH UltUUr ___&S*^l___H_Pl!lS_M Ml NORTH WEST EXPRESS LINE »**4ktJiJ..**»--i>>a MONTHLY SERVICE TO WESTERN AUSTRALIA
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  • BizIT
    • Article, Illustration
      Lock icon French firm eyeing S'pore broadband bonanza
      664 31  -  ONG BOON KIAT Ekinops opens first Asian office here, ready to expand in the region By FRENCH high-speed optical network solutions vendor Ekinops, which began operations in Asia last month with the setting up of its Singapore office, wants to be an equipment and
      664 words
    • Article
      Lock icon Data transfer: better safe than sorry
      811 31  -  STREE NAIDU <you say> Secure file transmission methods are investments worth their weight in gold for many firms By GLOBAL businesses today thrive on the free flow of information, both across organisations and between partners. The sheer volume of these business-critical data transmissions continues
      811 words
    • <what's up>
      • Article, Illustration
        Lock icon New senior VP at T-Systems
        60 31 T-SYSTEMS has appointed John H Lee (above) as senior vice-president of ICT operations in the Asia-Pacific region. Mr Lee will be responsible for driving the company's regional growth, with a special focus on deepening the firm's inroads into the Malaysian market. Before joining T-Systems, he
        60 words
      • Article
        Lock icon IBM extends certification discounts
        57 31 STUDENTS from local tertiary institutions will be able to take technology certification tests from IBM at a discounted rate of US$3O. The discount will apply to 25 Web-based exams covering IBM's Rational software modules. Asia is the launch pad for this discounted certification initiative and it
        57 words
      • Article
        Lock icon Business Objects to host BI Summit
        85 31 BUSINESS Objects, a subsidiary of enterprise software giant SAP, will be holding a BI (Business Intelligence) Summit on May 15. To be held at the Pan Pacific Hotel, the event aims to provide participants with insights on how BI tools can be used to
        85 words
      • Article
        Lock icon Local start-ups to exhibit at TiEcon 2008
        70 31 NUS Enterprise, the entrepreneurial arm of the National University of Singapore, is leading a delegation of seven local start-ups to the TiEcon conference in Silicon Valley. This is the first time Singaporean companies from the interactive and digital media sector are taking part
        70 words
      • Article
        Lock icon SMU, SAS in business intelligence tie-up
        79 31  -  WINSTON CHAI BUSINESS intelligence (BI) software maker SAS is hoping to equip more local students with advanced BI know-how through a tie-up with the Singapore Management University (SMU). Under the partnership, SAS, along with partner IBM, has invested $660,000 in software and hardware to
        79 words
    • Article, Illustration
      Lock icon Samsung unveils new range of laser printers
      604 31  -  AMIT ROY CHOUDHURY Reports by in Bali FOLLOWING its successful strategy with mobile phones and TV sets, Korean electronics major Samsung last week launched a slew of new printers that stand out as much for their good looks as their performance. At a
      604 words
    • Article
      Lock icon Printing solutions line-up
      257 31 ALONG with its new printers, Samsung has introduced a host of printing solutions aimed at corporate customers who tend to buy a printing solutions package rather than just standalone printers. According to Sang-Jin Park, Samsung Asia's regional CEO and president, the printing solutions offered by the Korean
      257 words
    • Article
      Lock icon Wikipedia becomes teaching tool for academics
      446 31 AFP [VANCOUVER, Canada] Wikipedia, the upstart Internet encyclopedia that most universities forbid students to use, has suddenly become a teaching tool for professors. Recently, university teachers have swapped student term papers for assignments to write entries for the free online encyclopedia. Wikipedia is an
      AFP  -  446 words
    • Article, Illustration
      Lock icon Juniper rides on SOEasv rollout
      708 32  -  It will supply security components to winning consortium One Meridian, reports WINSTON CHAI BEYOND lifting the winning consortium, the billion-dollar Standard Operating Environment (SOEasy) contract is giving a host of other companies a major sales boost, with Juniper Networks admitting that it is among the
      708 words
    • <what's new>
      • Article, Illustration
        Lock icon Logitech launches palm-sized keyboard
        135 32 LOGITECH is giving tech-savvy home theatre buffs an easier way to control their entertainment PCs. The company has launched a new palm-sized keyboard called the diNovo Mini (above) to allow users to easily control the computers they have hooked up to their television sets. It uses
        135 words
      • Article, Illustration
        Lock icon NEC gets tough with new notebooks
        140 32 NEC has unveiled a new notebook which not only packs a big punch in terms of functionalities but is able to take a literal beating with its toughened exterior. The ruggedness of the NEC Versa S9lOO (below) is attributed to its magnesium alloy casing
        140 words
      • Article
        Lock icon New security solution from McAfee
        107 32 MCAFEE aims to fortify a company's all-round cyber defence with its new Total Protection for Network solution. The offering is made up of two products McAfee M-8000 Network Security Platform and the McAfee Content Security Blade Server. When used together, they claim to be able
        107 words
      • Article
        Lock icon HP means business with new iPaq
        104 32 HP has launched the iPaq 612, a new smart phone targeted at demanding business users. Unlike most competing products, the new iPaq is designed for single-handed operation. It uses a 12-key design, a touch-sensitive navigational wheel, and a three-way thumb wheel to allow users
        104 words
      • Article
        Lock icon Dell thinks small with new laptops
        102 32  -  WINSTON CHAI DELL is expanding its laptop portfolio with an updated Vostro notebook line-up. These laptops are tailored for small businesses following feedback Dell has received on its customer blog. The 13.3-inch Vostro is now available at prices starting from $1,529, while a 15.4-inch
        102 words
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