The Business Times, 23 May 2008
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2008-05-23
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The Business Times
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Title Section25 2008-05-23 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg mm a Singapore press holdings publication co regn no *****2868E mica (p) 122/12/2007 Friday, May 23,200825 words
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Article, Illustration781 2008-05-23 1 OH BOON PING - OH BOON PING BT-UniSIM survey finds companies more gloomy about next 6 months By [SINGAPORE] Business sales and profits here have taken a hit in the first quarter of this year and economic growth looks set to slow in the months ahead,BT-UniSIM Business Climate Sun/ey - 781 words
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723 2008-05-23 1 YEN SREENIVASAN - YEN SREENIVASAN lata expected to downgrade global industry profit forecast yet again By [SINGAPORE] Soaring oil prices have started hitting airline stocks and costs with a vengeance. Yesterday, Singapore Airlines fell 26 cents to 5515.80. In Hong Kong, Cathay Pacific fell 34 cents723 words
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Page 1 Advertisements
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Advertisement10 2008-05-23 1 EXECUTIVE LIFESTYLE Emerging architects reshaping Singapore's landscape BACKPAGE I 'K10 words
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Page 1 Miscellaneous
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Miscellaneous109 2008-05-23 1 r*^ PROPERTY I MALAYSIA'S I CINEMA I WINE Capita Mall clinches RICHEST JlQfJ^.. Vintage Indy, Bordeaux 2007: Not a Atrium@Orchard Vincent Tan joins i- v oldlndy vintage to be dismissed iHgjjK^;-' a <u s j pAGE 3 billionaire list page 3 page 31 page 29 You establish this principle Zero109 words
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TOP STORIES
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Article, Illustration472 2008-05-23 2 OH BOON PING - OH BOON PING By [SINGAPORE] The search is on again for Singapore's Entrepreneur of the Year (EOY), with the launch yesterday of Ernst Young's 2008 EOY Awards. The annual awards, introduced here in 2002 and now in their seventh year, recognise entrepreneursARTHUR LEE - 472 words
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581 2008-05-23 2 Reuters [ZURICH] Swiss bank ÜBS yesterday launched a deeply discounted rights issue worth 16 billion Swiss francs (Ss2l billion) at a third below its latest market price in a bid to lure investors to repair its battered balance sheet. The emergency offering, at– Reuters - 581 words
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753 2008-05-23 2 LYNETTE KHOO - LYNETTE KHOO BUILD-TO-ORDER PROJECTS Move to weed out less serious buyers and give genuine ones better chances By [SINGAPORE] In a move to deter less serious buyers from jamming the queue for build-to-order (BTO) projects, the Housing Development Board (HDB) has refined the application753 words
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THREE-MINUTE DIGEST
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73 2008-05-23 2 CAPITAMALL Trust yesterday emerged the winner to clinch the Atrium@Orchard with a purchase price of $839.8 million or $2,249 per sq ft of net lettable area from the Singapore Land Authority. This has raised the value of its assets to $6.9 billion and73 words
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55 2008-05-23 2 OCULUS, which recently removed a director from executive duties and as a signatory on its bank account, said yesterday that two agreements it entered into have fallen through. The lapsed agreements had been signed with I Kare Pte Ltd and Aretae Pte55 words
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62 2008-05-23 2 SP AUSNET has posted full-year net profits for the period ended March 31 of A 5157.5 million (*****.3 million), down 11.7 per cent because of costs related to the scrapped Alinta deal from its parent Singapore Power. Earnings per share fell to 2.5462 words
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49 2008-05-23 2 OVERSEAS Union Enterprise yesterday announced plans for a $200 million renovation of the Mandarin Gallery at the Meritus Mandarin Hotel. The revamp will transform Mandarin Gallery into a high-end shopping and lifestyle destination with a sophisticated tenant mix. COMPANY NEWS, PAGE 749 words
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89 2008-05-23 2 SINGAPORE aims to double its medical technology manufacturing output to $5 billion by 2015, from $2.6 billion last year. Announcing the goal yesterday, Minister of State for Trade and Industry Lee Vi Shyan said: "The medtech sector registered strong growth in manufacturing89 words
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45 2008-05-23 2 TELEKOM Malaysia yesterday reported a 12.8 per cent fall in first-quarter net profit on higher borrowing and operating costs and higher tax expense. Telekom's January-March net profit was RM519.7 miUion versus RM595.7 million a year earlier. MALAYSIA, PAGE 1345 words
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72 2008-05-23 2 LAWMAKERS have voiced fears that a new competition law in Hong Kong may fail to cover abuses by dominant market players such as predatory pricing. They have also raised concerns over "grey areas" in the proposed law, such as the level of72 words
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689 2008-05-23 3 LYNETTE KHOO - LYNETTE KHOO It will strengthen its retail presence by integrating Atrium, Plaza Singapura By [SINGAPORE] Capita Mall Trust (CMT) yesterday emerged the winner to clinch the Atrium@Orchard with a purchase price of $839.8 million or $2,249 per square foot (psf) of net689 words
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Article, Illustration657 2008-05-23 3 S JAYASANKARAN - S JAYASANKARAN Robert Kuok still heads Forbes' list of richest Malaysians By in Kuala Lumpur MALAYSIA added one more US dollar billionaire to its ranks, making the total number of such grandees swell to an even 10, according to Forbes magazine which released its657 words
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MARKETS DIGEST
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Article, Illustration29 2008-05-23 3 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.790 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.72 INDIA 12.25 Source: BloombergBloomberg - 29 words
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Article46 2008-05-23 3 Thursday Change KLCOMP 1,277.57 -3.63 NIKKEI 225 13,978.46 +52.16 HANG SENG 25,043.12 -417.17 SET INDEX 874.54 -9.65 JAKARTA COMP 2,503.95 +9.24 MANILA COMP 2,838.58 -33.87 SEOUL COMP 1,835.42 -12.09 SHENZHEN B 539.78 -7.18 MUMBAI IND 16,907.11 -336.05 12NOONEDT Change DOW 12,607.46 +6.27 NASDAQ 2,460.06 +11.7946 words
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Article44 2008-05-23 3 uss s$ US$ (S$ per US$) 1.359 (US$/S$ per 1.973 2.681 EURO (US$/Ss/E) 1.576 2.142 YEN 103.30 76.00 RM 3.210 2.361 HK$ 7.801 5.739 BAHT 31.92 23.48 RUPIAH 9,320 6,856 RENMINBI 6.945 5.109 INDIAN RUPEE 43.18 31.77 A$ 1.041 0.766 NZ$ 1.271 0.93544 words
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Advertisement756 2008-05-23 2 jA Am Live the Ultimate. mmmmmmm^^m^m Own the world's Ultimate I Jam j E3 mm\ Home Entertainment Lifestyle Technologies ||M J; \C: rli3^j^ah£t3 f 1 custom-engineered to the aspirations HEjj~r~? m\l ii^tiTro^ II of your ultimate lifestyle. MjfOlßMi- '"J^ullrTJ II I Ti j /aLI '^^^al—^yaSS^^SmM I Live the Ultimate o^^*756 words
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Advertisement47 2008-05-23 3 HttHIBJ&S-ti.. 1 JE *4£ttjyis£23B£ «5J2 58 (fe =4 ***** JO%StJdJ; i Customers who celebrate their Birthday parties with us at Hyangtogol will receive complimentary wine, cakes and fruits. i jffl%ll» ts HYANGTOGOL «_fl RS KOREAN HESTAURfIHT KOREAN RESTAURANT 165 Tanjong Pagar Road, Level 2 Amara Hotel(S_i)ao~SE)Singapore *****947 words
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Advertisement2164 2008-05-23 3 Deutsche Bank L^J (Incorporated in Germany) Group Balance Sheet Earnings Per Common Share in€m. in 2007 2006 Assets: 31.12.2007 31.12.2006 Earnings per common share: Cash and due from banks 8,632 7,008 Basic 13.65 12.96 Interest-earning deposits with banks 21,615 19,199 Diluted1 13.05 11.48 Central bank funds sold and securities Number2,164 words
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COMPANY NEWS
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449 2008-05-23 4 SIOW LI SEN - By SIOW LI SEN They're fighting lower court decision that they broke anti-monopoly law SINGAPORE Telecommunications and sister company Singapore Technologies Telemedia (STT) yesterday filed their respective appeals with Indonesia's Supreme Court against a lower court decision that they broke the country's antimonopoly449 words
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136 2008-05-23 4 Reuters SINGAPORE Exchange named JPMorgan as one of the full sponsors to oversee listed companies at its newly established junior bourse, Catalist. Catalist now has 11 full sponsors, which can advise on IPOs as well as compliance, and six continuing sponsors, who could only render– Reuters - 136 words
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520 2008-05-23 4 CHOW PENN NEE - CHOW PENN NEE Both lapsed due to the non-fulfilment of certain conditions precedent to it By would not be in their best interest to extend the period of their agreement and allowed it to lapse. Each company is responsible for its520 words
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699 2008-05-23 4 WONG WEI KONG - WONG WEI KONG NVESTORS in listed companies I expect their directors to safeI guard the interests of the firm. I In the case of Catalist-listed Ocu--1 lus, the question arises if Low Shiong Jin, the man at the centre of the dispute699 words
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Article, Illustration516 2008-05-23 4 YEN SREENIVASAN - YEN SREENIVASAN By ASIA Pacific Breweries Ltd's (APB) wholly owned subsidiary in New Zealand, DB Breweries Ltd (DB), yesterday announced the incorporation of two new jointventure companies: Barworks Group Ltd (Barworks) and Sale Street Brewery Co Ltd (Sale516 words
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Article, Illustration575 2008-05-23 6 SIOW LI SEN - SIOW LI SEN Drop is due largely to A524.6m of costs related to scrapped Alinta deal By SP AUSNET has posted full-year net profits for the period ended March 31 of A 5157.5 million (*****.3 million), down 11.7 per cent because of costsFILE PHOTO - 575 words
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339 2008-05-23 6 WINSTON CHAI - WINSTON CHAI By FOLLOWING hot on the heels of arch-rival Sing Tel, Star Hub plans to boost the speed of its mobile broadband services through a major infrastructure upgrade. The operator's existing 3.5G or HSPA (high speed packet access) network will get a facelift339 words
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Article479 2008-05-23 6 LEE U- WEN - LEE U-WEN COMMENTARY By Sing Tel should seize on football fever to swing match against Star Hub THE clock read 5:52 am. I had lost my voice, I didn't have a fingernail left and my head was spinning. I had just witnessed a near479 words
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167 2008-05-23 6 Unit STS converts notes into 145.1 m STATS shares TEMASEK Holdings said yesterday that it was not certain of successfully delisting chip packager and tester STATS ChipPAC, which it failed to take private last year. The planned delisting of STATS, the world's167 words
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Article, Illustration528 2008-05-23 7 WEE JUN KAI - WEE JUN KAI Revamp will turn mall into high-end shopping and lifestyle destination By OVERSEAS Union Enterprise Limited (OUE) yesterday announced plans for a $200 million renovation of the Mandarin Gallery at the Meritus Mandarin Hotel. The revamp will transform Mandarin Gallery into a528 words
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349 2008-05-23 7 EMILYN YAP - EMILYN YAP Fresh acquisitions limited in a weak capital market By A SERIES of acquisitions boosted fourth-quarter results for MacarthurCook Industrial Reit (MI-Reit), but weak capital market conditions will limit fresh opportunities in the short term. MI-Reit purchased nine properties in FY2OOB, five of349 words
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431 2008-05-23 7 Bloomberg They are affected by tighter conditions for borrowing SINGAPORE'S real estate investment trusts' (Reits) credit ratings will face pressure in the next 12 to 18 months because of their rising difficulty in raising funds from debt and equity markets, according to Moody's– Bloomberg - 431 words
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COMPANY BRIEFS
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65 2008-05-23 7 CHINA Enersave has struck separate subscription agreements with International Fishing Group SA, Ang Gee Hing and Ng Swee Hua on May 21, and with Ocean Pride Shipping SA on May 22 to allot and issue 305 million new shares. Each subscriber has agreed65 words
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Article74 2008-05-23 7 ASIA Tiger Group has announced that the expected results for the full year ended March 31, 2008 is likely to be negative, compared with a profit recorded the previous year. Directors said that the main reasons are additional accruals for overtime cost and payments towards74 words
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108 2008-05-23 7 SURFACE Mount Technology Holdings' revenue and loss attributable to shareholders for the quarter ended March 31, 2008 came to HK5767.3 million (*****.6 million) and HK$2l.B million respectively. Year-on-year, revenue grew by 7.1 per cent. Loss per share for the quarter was 8.26 HK108 words
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Advertisement48 2008-05-23 4 Take your business beyond the boardroom m, \Sb£ jm uiei \f\f I Chinese Restaurant It mS m mm m K f^' m\ Jr\ V 1 II Bfl^^H KIWI L l M ]ia Wei b"sines7^^^^^^B together pet^j^^j ldiLL'%i ■■MUMiiMiMiMMM «5< ">*^b^B*. iMfMlilillMJ iMMHI mm 9mi**mvt\smA*Y.m\*mm\t*\^'**mAs*m\viiZm MEli 'Ajjjl BA^CTjot ■77148 words
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Advertisement729 2008-05-23 5 Advertising Feature \:mv \W <Pr> CDL-Singapore's First BCA Green Mark Champion Leading the way in environmentally-sustainable development y^/Mymf/^^ 26 Green Mark buildings environmentally-friendly practices in its It also became the first private jt' J' and numerous green accolades business. property developer in Singapore to achieve to its name, eco-consciousness has729 words
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Advertisement113 2008-05-23 6 BUILDING FUTURES One success story at a time m\ It's time to upgrade p|J I my financial knowledge 7_ M WE HAVE THE PLAN *^J I Financial Modelling Advanced 2- 3 June Equity Derivatives for 16 June Spreadsheet Techniques Practitioners 1 °ue 1J Financial Derivatives for 17 -19 June I113 words
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Advertisement91 2008-05-23 6 •WILEY. WiliUJiril* ||M1|V VA HP Classical d/stry. 000/7, OOOsqft. ■■■MB! .^JSS^^^ WHR 111 IE •GALLOPWALK. Mediterranean 16,000/7,000sqft. AIIIIIFFPIIIIFII ntffellillfe EAST SUSSEX LANE. Contemporary 15,100/ll,000sqft. Ensuite VIlHUI IEU HHIUUI —i=rrz^^-- BY YOUR FAVOURS 1 tg^^, ***** g- 91.3 OJS AND ENJOY 3* *a A HEARTY MEU. WITH THEM lla"he Z1°ba° RAOOO91 words
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Advertisement423 2008-05-23 7 Altitude 4110 Valid Thru Member Sines ■VWVIEFIICeJUI 00/00 TriRJ 00/00 00 ViMCENT TAN AS The DBS Altitude American Express® Card Better by miles With 1 air mile earned for every 550.83 charged, we'll take you to your favourite destinations 3X faster. i «-*•<► IFF*' ,r-_JW j -11^.1.1^, Hb '-'Wi&Amßs&sr^?&p^'^ J^L^J^Pr''J'^H^ita^jjjjjjjjjjjjjjjjra423 words
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SINGAPORE MARKETS
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Article, Illustration605 2008-05-23 8 R SIVANITHY - R SIVANITHY STOCKS Slight rebound in US futures market trims ST Index's loss to 36 points THESE days, trading the stock market is more about trying to anticipate Wall Street's future movements rather than reacting to how Wall Street did the night before.605 words
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Article96 2008-05-23 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 5 5 6 0 0 0 5 5 6 Manufacturing 54 67 64 12 62 76 76 Commerce 19 25 22 22 28 26 Tpt/Stor/Comms 29 29 Finance 14 10 14 Construction 1196 words
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Article124 2008-05-23 8 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 31,878 31,878 199,831 199,831 Manufacturing 405,965 132,892 538,857 364,228 17,904 382,132 Commerce 89,415 58,973 148,388 97,028 17,540 114,567 Tpt/Stor/Comms 123,512 928 124,440 358,311 312 358,623 Finance 34,776 95 34,871 392,888 22 392,910 Construction 59,881 77,858124 words
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Article111 2008-05-23 8 Capita Land 6.360 -0.240 CapitaMall 3.510 -0.120 CityDev 11.320 -0.300 Cosco Corp 3.570 -0.050 DBS Grp 19.620 -0.180 F&N 4.820 -0.040 Gent Intl 0.580 HK Land 4.700 -0.140 JSH 17.480 -0.400 JardineC&C 17.060 -0.280 Keppel Corp 12.040 +0.180 Keppel Land 5.630 -0.070 NOL 3.580 -0.180 Noble111 words
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Article1068 2008-05-23 8 CONRAD TAN - CONRAD TAN Banking Sector DMG Partners Securities, May 22 THE three Singapore banks recorded lacklustre Ql 2008 earnings. DBS recorded a 2 per cent y-o-y decline in net profit, with net interest income expansion offset by a net trading loss due to Rosa and marked-to-market losses. OCBC reported1,068 words
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Article, Illustration453 2008-05-23 8 AFP CURRENCIES [TOKYO] The dollar steadied against the yen in late Asian trade yesterday, clawing back early losses as traders found little incentive to keep buying the Japanese currency, dealers said. They said the greenback gained against the euro as investors tookAFP; BLOOMBERG - 453 words
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Article53 2008-05-23 8 CLOSE -257.00 -79.00 BT OB/OS BT CADI -*****.00-101.00 BT 10-day MA -*****.00 -26.00 FTSE ST Mid Cap 812.89 -5.39 FTSE ST Small Cap 689.06 -2.81 FTSE ST All Share 811.53 -7.77 FTSE ST China 496.58 -3.17 UOB Catalist 159.26 -1.26 SiMSCI 389.29 -3.64 SiMSCI Future 386.80 -4.6053 words
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Article61 2008-05-23 8 VOLUME Jade Tech 85,499,000 Ocean us 57,505,000 Magnus 47,873,000 Golden Agri 45,944,000 Li Heng 42,335,000 UniFiber 38,635,000 DBS DBeCWOBIOI3 35,836,000 Centillion 34,769,000 PineAgritech 33,005,000 Sing Tel 31,148,000 VALUE(S) Keppel Corp 119,493,340 UOB 11 5,944,460 Sing Tel 113,621,110 DBS Grp 109,945,740 SGX 95,527,610 S I A 86,833,760 Capita61 words
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Article106 2008-05-23 8 BY CENTS CLOSE UP 9166 54.4 0.4 GLD 10US Venture Co 1102 22.0 2.0 Ezra 291 19.0 7.0 Kei Con 1204 18.0 1. Kei MBLJCW*****0 412 13.0 3.3 KS Enen 220 12.0 5.: SGX BNP ePW*****7 62 12.0 24.0 Wilmar 523 12.0 2.3 Hotel Proi 319 11.0 3.' Cmdfr106 words
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Article121 2008-05-23 8 BY CENTS CLOSE DOWN JMH 3202-133.2 -3.0 JSH 1748 -54.4 -2.2 ISMSCI India 100 726 -43.5 -4.2 DBS MBLiCW/*****0 589 -33.0 -5.3 Cifr 1132 -30.0 -2.i OCBCCai :.93%Pref10 ***** -30.0 -0.3 Jardine C&C 1706 -28.0 -1.6 S I A 1580 -26.0 -1.6 SIA 200 1580 -26.0 -1.6 STXPOKW100 353121 words
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Article84 2008-05-23 8 May 22 CHNG CLOSE FRMay21 YR SSLOW R2008 S$ HIGH USS 1.3590 0.20 1.4542 1.3457 Euro 2.1438 -0.02 2.2064 2.0474 Pounds 2.6865 -0.30 2.8431 2.6568 AS 1.3045 0.42 1.3235 1.2349 Yen* 1.3169 -0.11 1.4484 1.2832 Rill liah* 0.***** 0.35 0.***** 0.***** Baht* 4.2562 0.32 4.4299 4.235084 words
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Advertisement702 2008-05-23 9 y mmm v y®^MIDNIGHT -M _-Fft Ijr V Tvll£><r EXTRAVAGANZA I:!II^VtATAIIVt H^^K FRI 23 MAY 2008 T.l kl LI H K.'X'J L^M.'J kil H" mmam\ I Li L'J UII kv'lU U fl ■kl T*J HI I K*m\ maTAf^A^^SmJmW 'AmW^^'mmw aAt\>^^ AmTmmJ'Amr Aw^^mJmT^^^mw mmmmmmmmmmmmmmmmmm^ mmmmmmmmmmmmmmmmM CHATEAU HAUT i«T^ ROSE DE LA702 words
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SINGAPORE NEWS
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531 2008-05-23 10 CHEN HUIFEN - CHEN HUIFEN LIFE SCIENCES Ageing population seen driving demand for innovative healthcare solutions Reports by SINGAPORE aims to double its medical technology (medtech) manufacturing output to $5 billion by 2015, from $2.6 billion last year. Announcing the goal yesterday, Minister of State531 words
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404 2008-05-23 10 HEART valve maker Edwards Lifesciences yesterday opened a US$2O million plant in Singapore that will bring the company significant benefits not only in terms of costs but also in greater access to Asian patients. "What this plant gives us is a critical mass404 words
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Article, Illustration377 2008-05-23 10 HEARD of Tokyo-based ink artist Wang Zijiang? Get familiar with the name if you haven't Mr Wang has left his mark here. At the invitation of Overseas Union Enterprise Limited (OUE), he came to town on May 12 and at the end ofJOSEPH NAIR - 377 words
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397 2008-05-23 10 LIM WEN JUIN - LIM WEN JUIN I By MINISTER for National Development Mah Bow Tan emphasised the need for a sustainable built environment at the Building and Construction Authority Awards Night by announcing enhancements to the Green Mark scheme. "The scheme has been well accepted by the397 words
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Article, Illustration376 2008-05-23 10 QUAH CHIN CHIN - QUAH CHIN CHIN By THE new media landscape has altered the dynamics of content, distribution and viewership in the industry. In response, governments should "come to terms" with these changes through greater efficiency and transparency, Minister for Community Development, Youth and376 words
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Article264 2008-05-23 10 COE premiums for passenger cars bounced back up after last fortnight's slump, as new models and price cuts lured buyers back into the showrooms. In yesterday's bidding exercise, the premium for a Category A certificate of entitlement (for cars below 1,600 cc) soared $4,692 almost the264 words
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454 2008-05-23 11 CHARMIAN KOK - CHARMIAN KOK RETAIL It will have eight floors of mid to upper-range fashion, food, lifestyle shops By COME the end of next year, shoppers at Orchard Road can expect a new eightstorey shopping mall with around 180 stores, right at the doorstep454 words
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361 2008-05-23 11 SARA LIM - SARA LIM By THE battle for the tourist dollar heats up as Singapore's largest annual shopping event, the Great Singapore Sale (GSS), opens today. Now in its 15th year, the GSS is a key draw for visitors to Singapore, with visitor arrivals hitting361 words
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Advertisement24 2008-05-23 10 m^ V^^^>^ RICHBURG mA\ UW I |^W "Premium" MPV& SUV Pro-Shop I Cr_T^?>N i AmW <P"^ l^k a W mmm*J^ M^m^m^m^mALPHARD J 111 > J_Vil24 words
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Advertisement1375 2008-05-23 11 Consolidated Balance Sheet of the Dresdner Bank Group Income Statement 31/12/2007 31/12/2006 2007 2006 Assets m m Income Statement m m Cash funds 6,643 5,191 Net interest and current income 3,061 2,664 Trading assets 159,700 176,854 Interest and current income 7,691 6,925 Financial assets designated at fair value 8,648 5,9541,375 words
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ECONOMY WATCH
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670 2008-05-23 12 Bloomberg AP, Inflation pressures override need to boost slowing growth [WASHINGTON] Federal Reserve officials strongly suggested they won't be inclined to cut interest rates further even as they sharply downgraded their forecast for economic growth this year. They cited damage from aBloomberg; AP, - 670 words
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Article, Illustration519 2008-05-23 12 ANTHONY ROWLEY - ANTHONY ROWLEY By in Tokyo JAPAN'S trade surplus plunged by more than 46 per cent in April compared with its level a year earlier as exports grew at a lower rate than in recent months while import costs surged on high energyBLOOMBERG - 519 words
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Advertisement2250 2008-05-23 12 f BARCLAYS Head Office: 1 Churchill Place, London El4 SHP UK. Registered in England. Registered No: *****. Singapore Office: Level 28 One Raffles Quay South Tower Singapore *****3. Tel: 6308 3000 The following is an extract from the 2007 financial statements and Annual Reports of Barclays PLC and Barclays Bank2,250 words
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MALAYSIA
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Article, Illustration585 2008-05-23 13 Revenue climbs 10.6% but telco hit by higher costs and tax expense [KUALA LUMPUR] State-run Telekom Malaysia yesterday reported a 12.8 per cent fall in first quarter net profit on higher borrowing and operating costs and higher tax expense. Telekom said that its dataAFP - 585 words
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ASIA BRIEFS
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76 2008-05-23 13 ■AFP [KUALA LUMPUR] Malaysia's ruling party has accepted former premier Mahathir Mohamad's decision to quit but hopes that he will rejoin the party in the future, news reports said yesterday. His son Mokhzani Mahathir has left the United Malays National Organisation (Umno) as well while another■AFP - 76 words
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54 2008-05-23 13 Reuters [MUMBAI] Standard Chartered is looking at listing on the Indian stock exchanges, the Economic Times said yesterday. The Asia-focused bank, in which Singapore's Temasek Holdings has a stake, already sounded out the market regulator and it could well be the first multinational to■ Reuters - 54 words
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61 2008-05-23 13 Bloomberg [JAKARTA] Indonesia will increase the price of petrol sold to individuals by 33 per cent to curb fuel subsidies after crude oil reached a record, Energy Minister Purnomo Yusgiantoro said yesterday. The average 28.7 per cent increase in prices may spur inflationBloomberg - 61 words
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53 2008-05-23 13 -AP [BEICHUAN] China said that the toll of dead and missing from last week's powerful earthquake jumped to more than 80,000. The confirmed number of dead rose to 51,151, up almost 10,000 from the day before. Another 29,328 people remained missing and nearly-AP - 53 words
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Article2228 2008-05-23 13 22 RM COOQ) M Realty \bricBhd \dvance Synergy \dventa Bhd \eMulti Hldgs \ffin Holdings \hmad Zaki Resou Me Corp Mrasia Bhd \kn Technology Mliance Financi Muminium Co Amalgamated Ind \mmb Hldgs Bhd \mtel Holdings \mway Malaysia \nalabs Resource \ncom Berhad \nn Joo Resource \pex Healthcare \pl Industries \pm2,228 words
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424 2008-05-23 13 [KUALA LUMPUR] Malaysia plans to announce cuts to a RMS3 billion (5522.4 billion) fuel subsidy in two months, raising costs and threatening to fan accelerating inflation. The government wants to introduce a new petroleum subsidy arrangement "as soon as possible" to reduce the424 words
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Article288 2008-05-23 13 [JOHOR BARU] A multi-billion ringgit mixed-development project will be launched in Iskandar Malaysia this year, says a report in The Starßiz. The project, to be called Airport City or Acropolis, comes under an associate company of Senai Airport Terminal Services, which is linked to billionaire288 words
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Advertisement254 2008-05-23 13 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, giving254 words
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Advertisement2727 2008-05-23 14 IfiPffw) Managing wealth for you, with you. HANG SENG BANK form69(3) ■y^^^tr w^-i-aw <—>•<••<* NOTICE OF INTENDED PREFERENTIAL PAYMENT DIVIDENDS TO UNSECURED CREDITORS (Incorporated in Hong Kong SAR With limited liability) Name of Company Leong Seng Hin Piling Pte Ltd [In Liquidation) Co. Reg. No. *****0138 M Publication pursuant to2,727 words
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INDIA
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Article, Illustration526 2008-05-23 15 Reuters Authorities will want tight controls on their use after losses, say bankers [MUMBAI] India is expected to unveil rules for ex-change-traded futures for currencies and interest rates in coming weeks and bankers say the authorities will want tight controls onReuters; BLOOMBERG - 526 words
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382 2008-05-23 15 Reuters Local government elections see backlash against its attempts to attract industry [KOLKATA] The ruling communists in the Indian state of West Bengal have suffered election setbacks in two districts where their controversial seizure of agricultural land for industry lost them support from thousandsReuters - 382 words
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Article8308 2008-05-23 15 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.937/ Star Europe Bond 1.186/ Star Europe Bal 1.169/ Star Asian Tiger Eqty 1.35/ Star Asia Bond 1.174/ Star Asia Balanced 0.967/ Star Global Technology Fund!** 0.196/ MultiStFd 0.815/ Star Asia Bond(USD) 0.865/ Gib Multi St USD 1.072/ Asia8,308 words
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GREATER CHINA
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609 2008-05-23 16 JANE MOIR - JANE MOIR Abuses such as predatory pricing by dominant market players not covered By in Hong Kong LAWMAKERS have voiced fears that a new competition law in Hong Kong may fail to cover abuses by dominant market players such as predatory pricing.609 words
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Article, Illustration95 2008-05-23 16 [BEIJING] 'Beauty and Silk Fan', a painting by Chen Yifei, was one of the artworks offered for sale at an auction held by the Council International Auction Co. It was the first art sale since the Chinese government shut bars, cinemas and other entertainment outlets forBLOOMBERG - 95 words
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273 2008-05-23 16 Reuters, AFP [BEIJING] China yesterday vowed to seize a chance for reconciliation with Taiwan and, for the first time in over a decade, is preparing to resume direct talks. It also said it respects the desire of Taiwan's people to be their– Reuters, AFP - 273 words
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Page 16 Advertisements
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Advertisement419 2008-05-23 16 The battle was on between the delicate dim sum in the armoured basket and the hefty burger armed with fries c? 7 ru?? J O (Sat, Sun Sl Public Holiday) At a wooden deck at Brunch, Hai Tien Lo with the city at your feet or ensconced in a rooftop419 words
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ASIA-PACIFIC/WORLD
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465 2008-05-23 17 Bloomberg Senior staff aware that CPDOs should have been ranked 4 levels lower: FT [WASHINGTON] Senator Charles Schumer urged US regulators to investigate whether the credit-rating unit of Moody's Corp erroneously ranked securities higher than the debt deserved and to fine the companyBloomberg - 465 words
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259 2008-05-23 17 -Bloomb- erg [SYDNEY] Australian regulators will conduct a review of rules governing rating agencies and research companies amid concern that they contributed to recent financial market turmoil. "There have been some very serious concerns voiced to me about the role credit rating agencies-Bloomb; erg - 259 words
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242 2008-05-23 17 GREG LOWE - GREG LOWE By In Bangkok THAI-LISTED companies posted net profits of 152.4 billion baht (556.5 billion) in the first quarter of this year, a third higher than the same period last year, the Stock Exchange of Thailand revealed yesterday. Year on242 words
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Article, Illustration565 2008-05-23 17 ANTHONY ROWLEY - ANTHONY ROWLEY By in Tokyo A MASSIVE global expansion of the role of nuclear power in generating electricity was forecast yesterday by US Assistant Secretary for Nuclear Energy Dennis Spurgeon during a visit to Tokyo. He was there for fol-low-up talks onI BLOOMBERG - 565 words
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347 2008-05-23 17 Bloomberg, Reuters [NEW YORK] Oil prices are heading to more than US$l42 a barrel in the next eight years, according to futures contracts on the New York Mercantile Exchange, on concern that growth in supply may fail to keep pace with rising demand. OilBloomberg, Reuters - 347 words
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Page 17 Advertisements
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Advertisement18 2008-05-23 17 f 1 Find the most comprehensive range of products and services in CATS Classified in The Straits Times.18 words
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Advertisement127 2008-05-23 17 A/\nrSi mm*. 4rV* SINGAPORE M Jk >„~ EMPLOYEE #«^^> BENEFITS CONFERENCE m^ f The inaugural Singapore Employee Benefits Conference (SEBC) 2008 is the first conference in Singapore and the region to focus exclusively on the latest developments and best practices in the use of 'Employee Benefits' ('non-cash' rewards) as an127 words
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AVIATION
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396 2008-05-23 18 YEN SREENIVASAN - YEN SREENIVASAN By Land allocated to four big existing tenants; Phase 2 marketing in progress PHASE 1 of Seletar Aerospace Park (SAP) has been fully taken up, says developer JTC Corporation. The land around the former West Camp, comprising 12 per cent396 words
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419 2008-05-23 18 Bloomberg [SEATTLE] Boeing Co chief executive officer Jim McNerney said that suppliers building the new 787 Dreamliner are unlikely to be the source of any further delays in the programme, which is running at least 14 months behind schedule. The riskBloomberg - 419 words
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255 2008-05-23 18 Bloomberg [NEW YORK] Higher fuel prices may push some airlines into bankruptcy by next year, said Soleil Securities Corp, which downgraded the sector to "neutral" from "outperform". AMR Corp, parent of American Airlines, and UAL Corp, owner of United Airlines, are■ Bloomberg - 255 words
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Article, Illustration334 2008-05-23 18 Bloomberg TROUBLE IN THE AIR [WASHINGTON] Boeing Co plans to lay off 750 workers at its satellite engineering operations in Southern California after losing a bid last week for a US$l.46 billion US Air Force navigation satellite contract. The reductions will mostly affectBloomberg; AFP - 334 words
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Article, Illustration558 2008-05-23 18 Bloomberg [TORONTO] AMR Corp's American Airlines, the world's largest carrier, said it will eliminate "thousands" of jobs as it drops US routes and retires as many as 85 jets to blunt surging fuel prices and slowing demand. AMR plunged the most sinceBloomberg; AFP - 558 words
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Article2447 2008-05-23 18 AIRLINE CODES: AA American Airlines (AAI ance (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bang ies(BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways Corpn2,447 words
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SHIPPING
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Article, Illustration554 2008-05-23 19 Keppel Shipyard moves to boost incident-free culture for entire workforce DON'T mind your own business is the new mantra at Keppel Shipyard. Looking out for yourself and others at the workplace is one of the key safety messages that Keppel Corp would like to554 words
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TRANSPORT STOCKS
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Article102 2008-05-23 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.68 0.37 3.57 0.78 2.91 1.17 0.07 0.92102 words
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Article36 2008-05-23 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.84 9.45 9.35 4.22 3.26 0.21 0.13 unch 0.05 -0.05 -0.16 unch -0.01 -0.01 280 1290 328 3926 6 88 10036 words
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Article12 2008-05-23 19 '00 ■recious Ship Jegional Cont 26.50 24.40 -1.50 unch 3142 38512 words
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Article11 2008-05-23 19 '000 Doil iingamas Cont .50.30 ...2.54 -0.95 -0.09 1259 422611 words
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Article22 2008-05-23 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.10 33.00 2.50 unch unch -0.50 unch unch 1116 77 1345 022 words
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Article21 2008-05-23 19 Evergreen Marine ....28.65 :irst Steamship 80.00 ManHai Lines 27.45 r"ang Ming Marine...25.05 -0.05 -2.00 0.35 0.65 12 4 6 3221 words
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Article36 2008-05-23 19 '000 'en :awasaki Hvy Ind ..299.00 unch ***** :awasaki Kisen ....1193.00 -6.00 6832 /litsubishi Hvy 517.00 20.00 *****6 /litsuiEng&Sbldg...397.00 23.00 ***** /litsuiOsk Lines ...1599.00 -10.00 ***** lippon Express 527.00 -3.00 2712 lipponYusen 1085.00 14.00 804036 words
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386 2008-05-23 19 Shipping Corp to borrow US$1 .3b to buy vessels [MUMBAI] Shipping Corp of India Ltd, the nation's biggest sea carrier, will borrow US$l.3 billion to purchase more vessels to meet rising trade in the country. The funds will pay for 28 vessels to be delivered within the next three years,386 words
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239 2008-05-23 19 Bloomberg [LONDON] Frontline Ltd, the world's biggest oil tanker company by market value, said that first-quarter profit climbed after the Organisation of Petroleum Exporting Countries (Opec) pumped a record amount of crude, increasing demand for shipping. Net income climbed to US$22l million, or– Bloomberg - 239 words
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Page 19 Advertisements
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Advertisement38 2008-05-23 19 W^^ News m Images m mmmm mmmm\m\\ PeOple H H Maps |>WW'*FT^^W^^^^^^^^W One search, all results. ■■■ypJwUpvvLipwM Neatly arranged MM >U£ltlltEfc 'n cate9onesKM»Wj ffin lli^fl Find whatever you're KE looking for in Singapore. IJHBiB rednano.sg W FIND MORE38 words
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Advertisement1459 2008-05-23 19 IfTD VTB BANK EUROPE PLC mM X HEAD OFFICE: 81 King William Street, London, EC4N 7BG W I mmW SINGAPORE BRANCH: 50 Robinson Road, VTB Building, Singapore *****2 Consolidated Balance Sheet Consolidated Income Statement at 31 st December 2007 for the year ended 31 st December 2007 2007 2006 20071,459 words
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EDITORIAL & OPINION
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489 2008-05-23 20 World needs alternatives to oil now THE loud and clear message from current runaway oil prices is that the world may be running on empty and badly needs alternatives. Once again, high oil prices seem about to ground global economies, already reeling from the sub-prime fallout. The Organisation of Petroleum489 words
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Article, Illustration921 2008-05-23 20 PAUL SAMUELSON - PAUL SAMUELSON No one can now know when the global economies will recover from recent turmoil A CENTURY ago, the esteemed philosopher George Santayana warned: "Those who ignore history will be condemned to repeat it." One can add: "And those of us whoAFP - 921 words
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Article, Illustration765 2008-05-23 20 YOGI AGGARWAL - YOGI AGGARWAL THE BOTTOM LINE THERE are few government programmes in India that have generated so much opposition as a scheme to give 100 days guaranteed agricultural employment to each family that wants it. When the National Rural Employment Guarantee Scheme765 words
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Article, Illustration1125 2008-05-23 21 RICHARD SCHULTE - RICHARD SCHULTE Good communication is key to managing people effectively and capturing their full potential for the firm's benefit By WHEN people are asked what is most lacking in their employment, a majority will say they do not feel fully appreciated for theirST/FILE PHOTO - 1,125 words
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Article, Illustration848 2008-05-23 21 By ROGER HOWARD T A time of rapid price inA creases, our natural resources seem ever more precious and their future more uncertain. In particular, the arguments of advocates of "peak oil", who assert that global oil production has now climaxed and willREUTERS - 848 words
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SINGAPORE STOCKS
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Article6060 2008-05-23 22 Transaction date: May 22 High !-wks Tel Low Code Company Sale ('000) High ■ow Buyer Seller C'vr P/E $mil 5716 1st Software ***** I? ISg Si?" '18 S ffi FS P E 24.5 7.5 1100 AEM 42 19.5 2101 APOil 141 54.5 5550 ARA 1 ,r '1 ?5:i6,060 words
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Article81 2008-05-23 22 52-Wk Tel High Low Code Last Sale Vol COOO) Day lh Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _Hm 200 116 6065 Diamonds US200 250 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P50081 words
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Article1937 2008-05-23 22 52-Wk Tel High Low Code Last Sale Vol COOO) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Comi >an' Hii 30 11.5 1181 s AAGrp 41.5 15 5000 s ABR Hldgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System1,937 words
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Article212 2008-05-23 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer212 words
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Page 22 Advertisements
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Advertisement33 2008-05-23 22 "^fc^v NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED \B B 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com33 words
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FINANCE & COMMODITIES
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360 2008-05-23 23 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Ma; 21 World Index Preliminan 1069.7 -0.5 -5.5 -0.8 -8.3 -0.2 -2.8 EAFE Preliminai 1022.3 -0.9 -8.8 -1.0 -8.8 -0.4 -3.3 Euro[ Preliminan 1405.0 -0.5 -9.0 -0.6 -9.7 0.0 -4.3 Pacific 880.2360 words
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Article132 2008-05-23 23 As at 9am May 22 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2990 1.3150 Can dollar 1.3700 1.3870 Euro 2.1290 2.1520 NZ dollar 1.0480 1.0710 iterlini ind 2.6740 2.7050 US dollar 1.3590 1.3750 Local dollars to 100 units of foreign132 words
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Article157 2008-05-23 23 May 22 fer Bil Overnight 3/4 1-monfh 11/16 2-months 1 1/8 3-months 1 1/4 Overnight mode: 9/16 US$ Offer 5/8 15/16 1 1 1/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.30 2.48 2.70 2.85 2.90 3.00 3.18 Offer157 words
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Article22 2008-05-23 23 May 22 STI IIMSCI Ma' 384.1 389.6 386.8 Taiwan Ma> 341 346 345.2 Source: MF Global (S) He. Ltd22 words
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Article21 2008-05-23 23 Mav22 I Bid Offer 1-month 1.3569 1.3584 2-months 1.3552 1.3568 3-months 1.3537 1.3553 6-months 1.3494 1.351 Source: OCBC21 words
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Article157 2008-05-23 23 May 22 Against SS lurrencies Bid Offer Against USS Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.3050 1.3070 0.9605 0.9610 Canadian dollar 1.3781 1.3802 1.0143 1.0148 luro 2.1412 2.1436 1.5759 1.5762 IZ dollar 1.0690 1.0707 0.7868 0.7873 iterlini ind 2.6799 2.6829 1.9724 1.9727157 words
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Article388 2008-05-23 23 May 22 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO8 SepO8 DecO8 MarO9 97.367 97.290 97.050 96.865 0 0 0 0 ***** ***** 9613 ***** EUROYEN FUTURES JunO8 99.150 99.150 SepO8 99.115 99.115 DecO8 99.045 99.050 MarO9 98.980 98.985B JunO9 98.910 98.910 SepO9 98.840 98.840 DecO9388 words
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Article278 2008-05-23 23 May 22 RUBBER 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 09 421.25 418.75 415.75 414.00 411.50 412.50 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open Interest278 words
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Article99 2008-05-23 23 May 21 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 08 1349.00 1331.50 1357.00 1332.00 Aug 08 1352.50 1334.25 1360.00 1335.00 Sep 08 1352.50 1326.25 1357.00 1337.00 Nov08 1355.00 1325.75 1361.00 1327.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul OS 63.25 61.03 63.50 61.0599 words
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Article76 2008-05-23 23 CRUDE OIL PRODUCTS May 21 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 130.65 3.59 WTI (Near Mth) 132.95 4.02 Dubai (1-Mth F) 124.07 3.94 Tapis blend 134.89 4.84 Minas 131.39 3.94 PRODUCT USS/barrel (FOB S'pore) Close Chanqe Naphtha Jet Kerosene 117.00 167.30 3.33 3.8 USS/barrel Opec Oil76 words
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Article465 2008-05-23 23 May 22 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.947 6.673 0.610 7.495 41.485 89.542 0.992 10.042 3.084 1.221 66.772 41.706 1.306 7.431 0.987 29.179 30.662 0.487 0.961 Canada 1.056 7.046 0.644 7.914 43.809465 words
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Article92 2008-05-23 23 May 22 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****W 21.08.08 1-Year BY*****N 04.05.09 0.88 1.01 0.88 0.80 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 10-Year92 words
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Article78 2008-05-23 23 May 22 (US$) (S$) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths78 words
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Article62 2008-05-23 23 May 22 Delivery Month Opening Sett Av Range Price Price Hii Low Vol Open Done Position Jun 08 3618 Jul 08 3622 Aug 08 3645 Sep 08 3699 Total o/p: ***** contracts 3582 3618 3585 3591 3638 3591 3610 3645 3599 3600 3699 3607 Turnover: 9402 lots Market62 words
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Article140 2008-05-23 23 May 22 GOLD (US$/oz) May 21 May 22 Hong Kong London 922.20 927.00 923.20 928.00 May 20 May 21 916.35 926.45 917.55 927.65 Source: Reuters CAST BAR (SS) May 22 Buying Sellini Kilobar "43,787.61" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm I140 words
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Article69 2008-05-23 23 May2i\ minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 2975.10 2952.50 3 months 3020.00 2997.00 Copper, Grade A (US$/tonne) Cash 3 months 8350.00 8240.00 8434.00 8325.00 Lead (US$/tonne) Cash 2129.00 3 months 2147.00 2154.50 2170.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article77 2008-05-23 23 May 21 COCOA (£/tonne) Close Prev Hii ih/Low JulO8 1406 1415 1425/1390 SepO8 1388 1389 1399/1368 Dec 08 1373 1371 1384/1356 Mar 09 1352 1349 1364/1335 COFFEE (US$/tonne) Close Pev High/Low May 08 2291 2249 2291/2256 JulO8 2311 2279 2331/2260 SepO8 2301 2263 2312/2252 Nov08 2291 2247 2300/2241 SUGAR77 words
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Article1959 2008-05-23 23 BONDS WARRANTS Fel lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left >036 Advance SCT Ltd W*****9 3.5 -0.5 126 1 87 178 9.29 27 S657 Biosensors DB ECW*****3 7.5 -1 40 1 85 1 1014 Capitaland BNP ECW*****8 27 -21,959 words
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Page 24 Advertisements
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Advertisement3144 2008-05-23 24 Shipping times M mTmt mftnm Waa. Mm TIjTIJ m wan hai international pte ltd crn0:,**********/r m .A, v^ M JJBIMBHpbBitH| mat -t te*****1588 (i4lines) fax:*****163 V. V !>||ll TTTTII m^jm mWmWmi m W mmmm \\\M 1 IA/AM HAI INpN Customer Service/Bookings Direct Line-(1800) *****200 K^^^^^^^^2^M BffiS|i|3jS{(j(ISSES9SS!3iSS|^SB BJSjlllrtEffjWlWrjTflß. V ™»l Unl3,144 words
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Advertisement3627 2008-05-23 25 RICKMERS-LINIE Hf^T EASTERN CAR LINER. LTD I§§ £J®3S& Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com Kw 1 I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I iin-r„, v rvnnree e«n inn enurmii r USA Service n WbbKLY bXrnboo oAILINu oUnbUULb Vessel I Voy I SIN I ALT I HOU I3,627 words
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Page 26 Advertisements
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Advertisement5541 2008-05-23 26 ma^^^^M I I.JPI A MnCDCCM Tel: 65-*****907 Fax: *****917 I I""" TTT-!..^^_! K^L^H B9 ISfl E9 H9 WM 55 AiML>h.K£ah.N Email:asc@ascasia.com I WSh CIIIRY NflUlftflTlMU RRIIIIPI K^pMfc^H ISM Hsfl lj!fl I I shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 ■■■Un I IHWIUIIIHMI UnUUr I JHPPHfiPSHWiPIM Ml NORTH5,541 words
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NIGHT OUT/BOOKS
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Article, Illustration489 2008-05-23 27 KLM marks anniversary of inaugural flight from Amsterdam with a special gift, writes LIM WEN JUIN DUTCH airline KLM's celebratory party at the Asian Civilisations Museum two nights ago might be described as a contemporary echo of the princess and the pea fairy tale, if one489 words
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234 2008-05-23 27 CHRISTOPHER LIM - CHRISTOPHER LIM By THE highlight of dance clubs in Singapore used to be famous European DJs coming here to perform. However, last weekend's Worldwide Festival showed that the region has plenty of world-class electronic music to offer, and clubs here are234 words
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Article, Illustration583 2008-05-23 27 KATHERINE PENALOZA - Everybody loves a second act even a third and a fourth KATHERINE PENALOZA BOOK REVIEW A Prisoner of Birth by Jeffrey Archer Published by Macmillan Pages: 531 Price: $49.49 w/o GST Rating: C+ By "THERE are no second acts in American lives," writer F Scott Fitzgerald famously declared. "Only second583 words
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Page 27 Advertisements
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Advertisement178 2008-05-23 27 i'V^.- -m r ..i._". i ..**G i"~- ?^?*'C-. Rejuvenate, stimulate and liberate yourself with a 4D2N Indulgence at A C C I I The Longitude 131", Uluru, Australia from 552,928 per pax. As far from anywhere else, as close as possible to serenity. Luxurious tents Unwind by the pool Table178 words
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ARTS
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Article, Illustration497 2008-05-23 28 ARTS FEST French street theatre company Ilotopie uses water as a stage because it is important across the world, reports CHARM lAN KOK FOR the opening of this year's Singapore Arts Festival today, expect nothing short of a phantasmagoric fanfare of spectacular fireworks, over-the-top surrealist sets and497 words
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Article319 2008-05-23 28 CHRISTOPHER LIM - CHRISTOPHER LIM I By NEW amateur non-profit theatre groups bode well for the stage scene in Singapore. Open Stage was formed at the end of last year and its members range from fairly experienced actors to those who have just finished their A-level exams and319 words
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Page 28 Advertisements
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Advertisement182 2008-05-23 28 &«3\ Drive Free Clearwater Sanctuary Accommodation Golf ReSOrt MALAYSIA Transportations 18 holes golf Where Golf Takes A Natural Course Usage of o M v e e f 2 s o faci ities Where Family Leisure Comes Naturally Unlimited 8™; |J 0 c n a™) ighland G c Efcjr Golfers Non182 words
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Page 28 Miscellaneous
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Miscellaneous431 2008-05-23 28 artBEAT Shifting perceptions Landscape, a series of three SINGAPOREAN artist Matthew Ngui installations with 100 flashing LED celebrates two decades of lights superimposed on breathtak-art-making with a solo exhibition ing images of the Lucky Bay sand which surveys the breadth and dunes and Lake Baladjie saltpan in significance of his431 words
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PURSUITS
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Article, Illustration624 2008-05-23 29 MUSIC But local band will not be turning professional any time soon despite an acclaimed debut album, reports CHRISTOPHER LIM MAINSTREAM pop music bands trying to make it big in Singapore have their work cut out without the added burden of trying to promote a niche624 words
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886 2008-05-23 29 N KYONG - Bordeaux 2007 not a vintage to be dismissed N KYONG WINE By AFTER five days of tasting the Bordeaux 2007 vintage last week, I reached a familiar conclusion: Do not believe everything you read! True that no one expected 2007 to be another 2005 or even a 2006, but it886 words
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Article, Illustration526 2008-05-23 29 BEN MUNROE - BEN MUNROE CD REVIEW All The Lost Souls James Blunt Label: Custard/Warner Rating: B+ By A TEXT message that arrived just after James Blunt had left the stage last week sums up the effect that his current worid tour seems to be having on fans526 words
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Article, Illustration547 2008-05-23 29 CHRISTOPHER LIM - CHRISTOPHER LIM GAMING By THERE'S a whole industry surrounding the holy grail of how to be a couch potato and still keep fit. You've got devices that you can strap on to vibrate fat off you, and various contraptions you can wrestle with while547 words
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Page 29 Advertisements
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Advertisement62 2008-05-23 29 A&J&onco* Ist1 st Anniversary Celebration 4 WINE MOD MOOD Italian Restaurant Winebar WHat /mtf tf *V«/ Del 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) *(of62 words
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CLIPPER ROUND THE WORLD RACE
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Article, Illustration847 2008-05-23 30 Winner Hull Humber crossed the finish line less than a minute ahead of second-placed New York in Race 10 from Panama to Jamaica, reports VINCENT WEE THE crews ofthe 10 boats in Race 10 ofthe Clipper 07/08 Round the Worid Yacht Race from PanamaHEATHER EWING/ONEDITION - 847 words
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Article, Illustration728 2008-05-23 30 VINCENT WEE - VINCENT WEE By TAKING part in leg seven will bring out a range of conflicting emotions for Marina at Keppel Bay senior events executive Desmond Lim, 38. The only parent among the six Keppelites who are taking part in the race, the nearly two728 words
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Page 30 Advertisements
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Advertisement223 2008-05-23 30 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by n^'i'Mi 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 first223 words
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CINEMA/TV
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Article, Illustration511 2008-05-23 31 CHRISTOPHER LIM - CHRISTOPHER LIM By AT 7pm on Monday, after weeks of cryptic trailers, a three-minute episode of Afterworld premiered on cable television channel AXN. It's an understatement to say that three minutes is an unusually short duration for a TV programme, but if you headed to AXN511 words
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Article, Illustration642 2008-05-23 31 It would have been better to keep the good professor and his pals in cold storage, says GEOFFREY EU THERE'S something both reassuring and vaguely troubling about seeing the trusty bullwhip and dusty fedora on the big screen again, reunited after a nearly two-decade absence642 words
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Page 31 Advertisements
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Advertisement130 2008-05-23 31 OEOX BREATHES AmmA O .Ammm mm ar^^m*lu At mr^ <^ Al mat, mw >*— AW .mmmmm. r Aw mm. «or jT7m AW mm. Oi W O mmi y-tT Si AW A. Wm. mm m m^marJm lv rAm\ LU S*r I WiS mm Vm* Sh W\3 w% t^^SrxS^L >? -m\ A130 words
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Page 31 Miscellaneous
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Miscellaneous349 2008-05-23 31 CRYPTIC CROSSWORD BB Hv i^^ ZIZIZMZIZIZIZ 19 KO mM IK I LH BB^-^^ I BB II BB BB**-! 09 |h ACROSS 5 Ruled fad out that's awe--3 One deity entered Pennsylva- some (8) nia building (6) 6 One short walk round in 6 Left harbour (4) golf competition (3-2) 8349 words
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executive lifestyle
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Article, Illustration1718 2008-05-23 32 Independent young architects make their mark with award-winning projects despite a challenging environment that favours the big and the branded, reports GEOFFREY EU GENERIC-looking homes and copycat designs are not exactly absent in Singapore's residential marketplace, and the universal rule among architects that good design1,718 words
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Page 32 Miscellaneous
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Miscellaneous10 2008-05-23 32 ARTS FEST A waterborne feast for the eyes PAGE 2810 words
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