The Business Times, 30 May 2008
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2008-05-30
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The Business Times
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Title Section21 2008-05-30 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 Friday, May 30,200821 words
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881 2008-05-30 1 YEN SREENIVASAN - YEN SREENIVASAN They are cutting back on routes, deferring new aircraft as jet fuel hits US$l7O a barrel By [SINGAPORE] Airlines are tightening their belts as the turbulence brought about by soaring oil prices has started sending some of them into a tailspin,881 words
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MARKETS DIGEST
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Article29 2008-05-30 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.644 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.70 INDIA 12.25 Source:Bloomberg - 29 words
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Article43 2008-05-30 1 1COMP 1,261.82 +1.24 IIKKEI225 14,124.47 +415.03 IANG SENG 24,383.99 +134.48 ;et index 830.61 -2.38 JAKARTA COM P 2,446.95 +13.19 IANILACOMP 2,802.22 -31.05 ;eoulcomp 1,841.22 +35.58 ;henzhen b 542.25 -5.95 IUMBAI IND 16,316.26 -209.11 12N00NEDT Cham )OW 12,663.89 +69.86 IAS DAI 2,508.32 +21.6243 words
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Article37 2008-05-30 1 IS$ (S$ per US$) 1.366 (US$/S$ )er£) 1.972 2.695 ;URO (US$/S$/E) 1.559 2.131 'EN 105.10 76.90 3.241 2.372 m 7.805 5.713 !AHT 32.44 23.74 lUPIAH 9,330 6,829 1ENMINBI 6.937 5.077 INDIAN RUPEE 42.81 31.33 1.041 0.76237 words
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407 2008-05-30 1 KALPANA RASHIWALA - KALPANA RASHIWALA Proposed sale to consortium fails to materialise By [SINGAPORE] The proposed sale of Raffles Hotel is off. A spokeswoman for the consortium led by former Credit Suisse banker Mark Pawley that was to have bought the Singapore icon confirmed yesterday: "We regret407 words
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Page 1 Miscellaneous
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Miscellaneous72 2008-05-30 1 FOOD CRISIS ARTS FEST |HF& *H SCHOOL PRINCE CASPIAN Beyond rich Telling a Brio HOLIDAYS Narnians trumped 3 v and poor different story jbyj Out of the comfort zone byHobbits PAGE 11 PAGE 31 Hl^^l PAGE 34 PAGE 32 *S^- jj *An open access, no M conflict model creates competition72 words
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TOP STORIES
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Article451 2008-05-30 2 -AP LATEST US DATA Figure raises hope of country avoiding recession despite housing crisis [WASHINGTON] The US economy plodded ahead at a 0.9 per cent pace in the first quarter slightly better than first estimated but still underscoring caution on the part-AP - 451 words
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THREE-MINUTE DIGEST
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79 2008-05-30 2 THE days of dealers and remisiers using the Hang Seng Index as their main stock market barometer during daily trading will soon be over. By June 13 brokers who have been doing without real-time Straits Times Index data for the past four months79 words
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65 2008-05-30 2 OCULUS, the eyecare firm in the eye of a storm over missing money and potential legal action may have attained closure in that area. But now, it is facing an upheaval at its board level. Five out of seven of its board65 words
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65 2008-05-30 2 NEARLY a year on since it relinquished its decade-long stranglehold on the pay TV market, Star Hub has maintained that it has not seen a drop in its subscriber numbers so far. The telco said it is expecting to continue to grow its pay65 words
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43 2008-05-30 2 RIDING the upswing in the Singapore construction sector, CSC Holdings saw its net profit soar to $43.21 million for the full year ended March 31 five times the preceding year's $8.6 million. COMPANY NEWS, PAGE 543 words
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44 2008-05-30 2 ALREADY a major international oil pricing hub, Singapore has the credentials to become an international gas pricing hub too, according to a consultant who has helped advise the Republic on its gas code. SINGAPORE NEWS, PAGE 844 words
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57 2008-05-30 2 SEVERAL EU nations have clamoured for relief from record oil prices, after fishermen and truckers led waves of protests, raising pressure on governments to react urgently. But a suggestion from French President Nicolas Sarkozy to ease sales tax on fuel57 words
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69 2008-05-30 2 TEMPERATURES are running high in the Kuala Lumpur suburb of Bandar Mahkota Cheras over a road row that has begun to assume national significance. The issue is whether residents have a right to use an access road to a highway that connects to the69 words
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76 2008-05-30 2 AFTER nearly exhausting its oil policy toolkit, Beijing has one last gambit to help it bolster oil company profits and avoid a painful rise in fuel prices before the Olympics relaxing its windfall production profit tax. For China, which is as anxious to76 words
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628 2008-05-30 2 CONRAD TAN - CONRAD TAN US dragging feet, hoping inflation will help its housing market recover By in Hong Kong BROAD inflation measures are understating the longterm threat of rising prices worldwide and policymakers are not acting fast enough, said HSBC group628 words
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Article, Illustration512 2008-05-30 2 Reuters Loss of fares a blow to battle against rising fuel costs [NEW YORK] The number of international airline passengers travelling first class and business class in March declined to the lowest level since 2003, according to a trade group for internationalReuters; FILE PHOTO - 512 words
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410 2008-05-30 3 R SIVANITHY - R SIVANITHY Deal ends dispute since revamped index's relaunch in January By [SINGAPORE] The days of dealers and remisiers using the Hang Seng Index as their main stock market barometer during daily trading will soon be over. By June 13 brokers who410 words
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498 2008-05-30 3 S JAYASANKARAN - S JAYASANKARAN Issue of subsidising only locals, and not foreigners, runs into practical problems By in Kuala Lumpur THE Malaysian government will decide today whether foreigners will be allowed to buy subsidised petrol and diesel. "Foreigners will definitely have to pay the full price when498 words
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Article, Illustration700 2008-05-30 3 CHOW PENN NEE - CHOW PENN NEE 5 out of 7 say they will not be seeking re-election By [SINGAPORE] It seems Oculus, the eyecare firm in the eye of a storm over missing money and potential legal action, has attained closure in that area. But now,700 words
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Advertisement66 2008-05-30 3 unfftfj^ry frit*- ilSl KtfB R^sS j«I E^u^^j vjb^^p PKfe^^^ Rit > HARRY WINSTON SHT SINGAPORE HONG KONG HH TAKASHIMAYA S.C. TEL: 65-6734 2420 KOWLOON TEL: 852-2369 9122 TANG PLAZA TEL: 65-6235 7198 J=k RAFFLES HOTEL ARCADE TEL: 65-6334 3241 JAPAN HF Hill IR 111 A^^ MALAYSIA GINZA TEL: 81-3-5537 788866 words
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COMPANY NEWS
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Article, Illustration563 2008-05-30 4 LEE U- WEN - LEE U-WEN It unveils new packages to boost its penetration rate of 44.5% By NEARLY a year on since it relinquished its de-cade-long stranglehold on the local pay TV market, Star Hub has maintained that it has not seen a drop in its subscriber563 words
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375 2008-05-30 4 SIOW LI SEN - SIOW LI SEN By SP AUSNET offers predictable and stable returns, managing director Nino Ficca said yesterday. "We've delivered what we've said," Mr Ficca said during a briefing on the FY2OOB results of the 51 per cent Singapore Power unit. He was responding to375 words
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364 2008-05-30 4 Bloomberg MARINE PLAYS [HONG KONG] Neptune Orient Lines Ltd (NOL), Southeast Asia's largest container shipping company, gained the most in three weeks in Singapore trading as falling oil prices and a rise in US durable goods orders spurred optimism aboutBloomberg - 364 words
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186 2008-05-30 4 Reuters SEMBCORP Marine rose as high as 3.8 per cent to a near six-month high of $4.60 with over 12 million shares traded after the rig-maker secured an order to build a rig worth US$64O million. SembMarine, the world's second-largest offshore oil rig-builder,Reuters - 186 words
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595 2008-05-30 4 R SIVANITHY - R SIVANITHY SOME local banks have had to face a bit of flak lately because their preference shares or bond issues were largely allocated to big investors while small players were ignored. Inequitable though this may be, as was correctly pointed out in a595 words
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Article, Illustration395 2008-05-30 5 LYNETTE KHOO - LYNETTE KHOO Strong demand for specialist foundation work, efficiency gain boost margin By RIDING the upswing in the Singapore construction sector, CSC Holdings saw its net profit soar to $43.21 million for the full year ended March 31 five times the preceding year's $8.6 million.FILE PHOTO - 395 words
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405 2008-05-30 5 LYNETTE KHOO - LYNETTE KHOO By THANKS to a deferred tax credit of $14.82 million, Stamford Land Corporation saw a 28.7 per cent rise in net profit to $42.94 million for the financial year ended March 31. Stamford said the deferred tax credit arose from405 words
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315 2008-05-30 5 STRATECH Systems has returned to the black with a net profit of $0.8 million for the financial year ended March 31, 2008, compared with an $8.5 million annualised net loss for the preceding year. Turnover in FY2OOB was $12.1 million, up 48315 words
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282 2008-05-30 5 LYNETTE KHOO - LYNETTE KHOO By IN a recapitalisation effort ahead of a restructure that could see Straits Resources split into two business units, the group sold 41.15 million shares in Singapore-listed Straits Asia Resources through a series of open-market transactions between May 26 and 28.282 words
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COMPANY BRIEFS
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67 2008-05-30 5 Reuters [KUALA LUMPUR] r Malaysian leisure firm Genting Bhd, the parent of Singapore-listed Genting International, yesterday reported a 33 per cent fall in first-quarter net profit due mainly to lower earnings from its UK casino business. Genting posted a net profit ofReuters - 67 words
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74 2008-05-30 5 EASTERN Holdings, a boutique property developer, saw net profit jump 89 per cent to $15.6 million in the full year ended March 31, 2008 on the back of higher demand in the local property market. Its revenue improved 19.9 per cent to $57.2 million.74 words
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56 2008-05-30 5 NICO Steel Holdings, a metallurgical metal service centre solution provider to customers in China in the consumer electronics and tele communications industries, has announced new contracts in excess of US$6 million. The contracts involve supplying aluminium-related products to the consumer electronics industry over a56 words
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Article166 2008-05-30 5 Full year results ended March 2008 NET PROFIT TURNOVER CURRENT I PREVIOUS CHNG (S$m) CURRENT PREVIOUS (S$m) CHNG 1 AsiaDekor 95.15 28.40 235.1 164.27 147.60 11.3 2 CSCHIdgs 43.21 8.64 400.3 3 Stamford Land 42.94 33.36 28.7 483.70 126.68 276.11 297.98 281.8 -7.3 4 GPInd 25.60 68.96166 words
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262 2008-05-30 5 SINGAPORE-BASED Pacific Star has agreed to buy the 25 per cent stake held by MEAG Munich Ergo AssetManagement GmbH (MEAG) in Prime Reit Management Holdings Pte Ltd (PRMH). PRMH owns 100 per cent of Mac quarie Pacific Star Prime Reit Management Pte262 words
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533 2008-05-30 7 Bloomberg Small firms may struggle to raise assets, but larger firms set to benefit [SINGAPORE] The number of Asian hedge fund managers will likely stagnate this year as smaller firms struggle to raise assets, said Peter Douglas, principal of Sin-gapore-based hedge fund consulting firm– Bloomberg - 533 words
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Advertisement1139 2008-05-30 4 Co Compact COMPACT METAL INDUSTRIES LTD Registration No. *****0009H (Incorporated in the Republic of Singapore) (the "Company") NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Third Annual General Meeting of Compact Metal Industries Ltd will be held at 120 Pioneer Road, #01-03, Singapore *****7 on Monday, the1,139 words
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Advertisement212 2008-05-30 5 United States of America W Department of Commerce I INVESTING AND DOING I I BUSINESS I I IN ILLINOIS, USA I The State of Illinois and the U.S. Commercial Service are organizing a seminar on "Doing Business in Illinois" followed by a networking reception on Wednesday, June 4,4pm at the212 words
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Advertisement21 2008-05-30 5 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.21 words
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SINGAPORE MARKETS
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Article, Illustration588 2008-05-30 6 R SIVANITHY - R SIVANITHY STOCKS Index's 28-point increase suggests Wall Street benchmarks may end firmer overnight INSTEAD of "sell in May and go away", it looks very much like "buy in the morning, sell in the afternoon" is the preferred trading approach, at least insofar:: Bloomberg - 588 words
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Article104 2008-05-30 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch lulti Ind 5 4 8 0 0 0 5 4 8 lanufacturini 59 60 78 10 12 66 70 90 Commerce 21 23 19 27 25 23 'pt/Stor/Comms 19 10 21 10 10 :inance 12104 words
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Article122 2008-05-30 6 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 30.323 30.323 188.646 188.646 Manufacturing 250.833 71.772 322.605 338.026 8.797 346.822 Commerce 56.182 23.342 79.524 81.920 7.507 89.427 Tpt/Stor/Comms 107.748 630 108.378 308.155 108 308.262 Finance 26.216 26.221 281.279 281.279 Construction 17.999 22.182 40.181 4.724122 words
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Article114 2008-05-30 6 Stock name Close Cham Capita Land 6.380 4-0.130 CapitaMall 3.410 4-0.140 CityDev 11.240 4-0.040 Cosco Corp 3.370 4-0.030 DB5 Grp 19.360 F&N 4.920 4-0.040 Gent Intl 0.595 4-0.005 HK Land 4.700 -0.050 J5H 17.680 4-0.080 Jardine C&C 16.420 -0.040 Keppel Corp 12.180 4-0.260 Keppel Land 5.440114 words
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Article943 2008-05-30 6 CHOW PENN NEE - by CHOW PENN NEE Singapore Reits Deutsche Bank, May 28 RETURNING to a virtuous cycle: We expect the re-rating of Singapore Reits to continue, based on: 1) firm trading performance, 2) the availability of funding allowing the return of acquisitions to the sector, and 3) steady physical asset943 words
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Article, Illustration551 2008-05-30 6 LARRY WEE - LARRY WEE CURRENCIES A. BETTER than expected US durable goods orders Dumber for April helped the US dollar to extend its Wednesday gains yesterday in Asia. It was able to build on advances chalked up on the back of lower oil and goldReuters - 551 words
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Article52 2008-05-30 6 CLOSE -321.00+83.00 BT OB/OS BT CADI -*****.00+27.00 BT 10-day MA -*****.00 -32.00 FTSE ST Mid Cap 802.81 +7.01 FTSE ST Small Cap 672.15 +2.06 FTSE ST All Share 807.10 +6.56 FTSE ST China 470.87 -0.12 UOB Catalist 154.70 -1.12 SIMSCI 388.19 +3.56 SIMSCI Futures 388.10 +2.50 PrimePartnersCI52 words
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Article58 2008-05-30 6 VOLUME Golden Agri 81,567,000 Straits Asia 50,320,000 DBS DBeCWOBIOI3 42,680,000 Sing Tel 37,958,000 Oculus 31,067,000 Jade Tech 22,916,000 CoscoCorpDßeCWoBo929 22,050,000 SunVic 21,645,000 SinqTelMBLePWOBlOlO 20,293,000 Ocean us 20,130,000 VALUE(S) Straits Asia 187,582,050 Keppel Corp 154,867,034 Sing Tel 139,821,021 DBS Grp 104,858,191 Golden Agri 82,987,380 UOB 68,870,560 SembMar 58,561,47058 words
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Article103 2008-05-30 6 CLOSE UP 8878 49.2 0.4 GLD 10US$ StraitsAsia 406 44.0 12.2 Kei MBLJCW*****0 427 27.0 6.: Kei Con 1218 26.0 2.2 China H 10US$ 1737 26.0 1.1 UOBMBLJCW*****0 678 24.0 3.7 Dain irm 556 21.9 3.' NOL 390 20.0 5.4 UOB 2002 20.0 1.0 S I A 1608 18.0103 words
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Article111 2008-05-30 6 CLOSE DOWN 3218 -35.5 -0.8 IMH UOBMBLePW*****7 21.5 -9.5 -30.6 lembMar BNPePW*****1 9.5 -8.5 -47.2 lux 357 -8.0 -2.2 ICBC Bk DB eCW*****9 57 -8.0 -12.3 iPC SGA eCW*****0 29 -7.5 -20.5 Boustead 223 -7.0 -3.0 Deloni 333 -7.0 -2.1 HKLand 470 -6.8 -1.1 B Sembawani 909 -6.0 -0.7111 words
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Article82 2008-05-30 6 Where S$ stands May 29 CHNG CLOSE FRMay28 YR2008 S$ LOW S$ HIGH USS 1.3675 -0.42 1.4542 1.3457 Euro 2.1289 0.59 2.2064 2.0474 Pounds 2.7020 -0.21 2.8431 2.6568 1.3114 -0.26 1.3235 1.2349 'en* 1.3005 0.48 1.4484 1.2832 Rupiah* 0.***** -0.32 0.***** 0.***** Baht* 4.2103 0.32 4.4299 4.1940 Peso* 3.118682 words
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Advertisement821 2008-05-30 7 jk Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. 1} Head Office iV Croeselaan 18,3521 CB Utrecht, The Netherlands Singapore Branch RSDODSnk 77 Robinson Road #09-00 Singapore *****6 EXECUTIVE BOARD AUDITOR'S REPORT Bert HeemskerkfH.), Chairman Wehaveaudited whethertheconsolidatedbalancesheetconsolidated Hans ten Cate (J.C.) prot j t and oss account| consolidated statement of changes in equity, PietvanSchijndel821 words
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SINGAPORE NEWS
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Article552 2008-05-30 8 RONNIE LIM - RONNIE LIM Deregulated market LNG trading make case for country, says consultant By ALREADY a major international oil pricing hub, Singapore has the credentials to become an international gas pricing hub too, according to a consultant who has helped advise the Republic on its552 words
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Article, Illustration648 2008-05-30 8 GENEVIEVE CUA - GENEVIEVE CUA By IN his plainest statement yet on a controversial bonus cut, NTUC Income chief executive Tan Suee Chieh said yesterday the move is the right decision and policyholders will not be given an option to remain inFILE PHOTO - 648 words
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428 2008-05-30 8 ARTHUR SIM - ARTHUR SIM Moderate 4-10% growth seen for 2008: Knight Frank By THE rate of price increase of Housing and Development Board (HDB) resale flats will further decelerate in the next six to nine months, resulting in a relatively moderate 4-10 per cent428 words
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144 2008-05-30 8 THE Ministry of Health (MOH) has set aside $7 million over the next five years to encourage more pharmacists to pursue specialist training, in anticipation of rising demand for such professionals. The money will provide 35 scholarships in specialist residency training and support another 43144 words
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SINGAPORE ROUNDUP
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42 2008-05-30 8 HEDGE fund managers can now make use of a book published by the Alternative Investment Management Association The book aims to provide managers with information on how to start an alternative investment business here.42 words
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47 2008-05-30 8 THE Workforce Development Agency (WDA) has introduced an initiative under the Job Re-creation Programme (JRP) to help hotels improve the productivity of housekeeping attendants and better their workplace conditions. It will help older workers and back-to-work women, take up tourism jobs.47 words
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262 2008-05-30 8 RESORTS World at Sentosa (RWS) yesterday launched a fund to sponsor education, research and conservation efforts related to marine life in a bid to further the marine conservation cause. The RWS Marine Life Fund will disburse up to Ssloo,ooo each year in 2008262 words
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354 2008-05-30 8 SIOW LI SEN - SIOW LI SEN By SHOULD a bank here fail, depositors will get back up to $20,000 of their savings within three weeks, the Singapore Deposit Insurance Corp (SDIC) said yesterday. Depositors who need money urgently can apply for emergency payouts,354 words
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Article329 2008-05-30 8 MICHELLE QUAH - MICHELLE QUAH By SINGAPORE will have a new committee of illustrious names in the legal profession to encourage the promotion and discussion of public and international law issues that may have a major bearing on individuals and corporations here. The Public and International Law Committee was329 words
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Advertisement29 2008-05-30 8 Np News ES Images A. Directory fi People L Maps One search, all results. Neatly arranged in 6 categories. Find whatever you're looking for in Singapore. rednanosg FIND MORE29 words
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Advertisement138 2008-05-30 9 to TT International Limited For successfully listing TEAC Australia on the Australia Stock Exchange. Appointing Tech Global as exclusive distributor for TEAC Southeast Asia. MfltfMl^Sft B* tI «^*e r L^T fir l\NS^ LCDI9VBSSD Giving the best picture in your home! Changing the way you live! Uncompromised Power... Introducing the New138 words
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ECONOMY WATCH
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Article, Illustration563 2008-05-30 10 -AFP There have been waves of protests, raising pressure on governments to react fast [BRUSSELS] Several EU nations clamoured for relief from record oil prices on Wednesday, but a suggestion from French President Nicolas Sarkozy to ease sales tax on fuel-AFP; AFP - 563 words
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329 2008-05-30 10 -AP [WASHINGTON] Treasury Secretary Henry Paulson will tell officials of Saudi Arabia and other Middle East oil producing nations that soaring oil prices are putting a "significant burden" on the global economy, a senior Treasury official said on Wednesday. David McCormick,-AP - 329 words
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708 2008-05-30 10 ANDY MUKHERJEE - ANDY MUKHERJEE COMMENTARY By ASIAN governments are squirming. With crude oil near US$l3O a barrel, their strategy to shield consumers from high energy prices is becoming a drag on national budgets. The unsustainable subsidies and price controls must go, say economists. The problem is708 words
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Advertisement2195 2008-05-30 10 Standard Chartered Js Standard Chartered PLC (Incorporated in United Kingdom) Head Office 1 Aldermanbury Square, London EC2V 7SB Audited accounts for the year ended 31 December 2007 Consolidated Balance Sheet Consolidated Income Statement As at 31 December 2007 For the year ended 31 December 2007 2007 2006* 2007 2006 USsmillion2,195 words
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FOCUS: FOOD
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Article, Illustration807 2008-05-30 11 > AMARTYA SEN - > AMARTYA SEN NYT It can be alleviated by expansion in food production through global cooperation By [CAMBRIDGE, Massachusetts] Will the food crisis that is menacing the lives of millions ease up or grow worse over time? The answer may be both. TheNYT; BLOOMBERG - 807 words
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Article269 2008-05-30 11 Bloomberg This comes after Vietnam says it may resume rice exports [TOKYO] Rice tumbled to the lowest in 10 weeks after Vietnam, the second-larg-est exporter, said that it may resume shipments and bumper harvests are expected, easing a global food crisis that sent theBloomberg - 269 words
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299 2008-05-30 11 -AP [YOKOHAMA, Japan] The president of the World Bank called yesterday for governments of developed nations to not impose export restrictions or tariffs on food that could be funnelled to relief agencies or countries facing severe food shortages. High oil prices, growing-AP - 299 words
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Advertisement166 2008-05-30 11 ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is helmed by veterans who have been supporting over 1,000 users, giving166 words
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Advertisement22 2008-05-30 11 'mi '"^*'§3*4, ft*' WW TianPo^^ JEWELLERY Centrepoint Holland Village Vivo City AMK Hub Causeway Point West Mall Parkway Parade- People's Park Complex22 words
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MALAYSIA/INDONESIA
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414 2008-05-30 12 S JAYASANKARAN - S JAYASANKARAN Public anger with toll franchisees boil over as seen in the Grand Saga case By in Kuala Lumpur TEMPERATURES are running high in the Kuala Lumpur suburb of Bandar Mahkota Cheras over a road row that has begun to assume national significance.414 words
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288 2008-05-30 12 Analyst hails strong S'pore-lndonesia economic ties [JAKARTA] Singapore has become one of the most prosperous countries in Asia because of its strong internal discipline, emphasis on education and crime enforcement, and practical approach to foreign policy, according to an analyst from288 words
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Article, Illustration327 2008-05-30 12 Bloomberg [KUALA LUMPUR] Malaysian opposition leader Anwar Ibrahim, freed from prison in 2004, said that he will "immediately" contest a parliamentary seat once he confirms his eligibility, part of a plan to topple the government by midSeptember. "If we're absolutely certain of my– Bloomberg; AP - 327 words
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BRIEFLY ASIA
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118 2008-05-30 12 -AP [KUALA LUMPUR] Malaysian low-cost carrier Air Asia said yesterday that it expects to benefit from a slowdown in consumer spending after reporting an 86 per cent jump in its January-March net profit from a year ago. Profit for the quarter rose to-AP - 118 words
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62 2008-05-30 12 Bloomberg [BEIJING] China's banks should stop offering services that involve trading in currencies using borrowed funds to curb excessive speculation, said Li Fuan, department head for banking innovation at China Banking Regulatory Commission said on Wednesday. He said that China Minsheng allowed transactions thatBloomberg - 62 words
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Article33 2008-05-30 12 Bloomberg [KUALA LUMPUR] Sime Darby, Malaysia's largest palm oil producer, said that fiscal third-quarter profit more than doubled after the price of the commodity surged to a record.-■ Bloomberg - 33 words
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Article2253 2008-05-30 12 lay 29 RM Cooo) ASM Realty 0.58 \bric Bhd 0.13 advance Synergy 0.12 Adventa Bhd 1.22 Ae Multi Hldgs 0.25 Win Holdings 2.01 Ahmad Zaki Resou 0.89 AicCorp 0.51 \irasia Bhd 1.01 Akn Technology 0.47 Alliance Financi 3.14 aluminium Co 1.03 Amalgamated Ind 0.58 Ammb Hldgs Bhd 3.842,253 words
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253 2008-05-30 12 Reuters [ABU DHABI/RIYADH] Two Gulf borrowers are planning to sell ringgit Islamic bonds in Malaysia, in the latest move that highlights the rising cost of borrowing in US dollars, the previous Islamic bond denomination of choice. A global credit crunch triggered by– Reuters - 253 words
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Advertisement1523 2008-05-30 12 IN THE MATTER OF THE I 1 IN THE MATTER OF THE IN THE MATTER OF THE COMPANIES ACT CAP 50 IM THE MATTER OF COMPANIES ACT CAP 50 COMPANIES ACT CAP 50 AND THE COMPANIES AC, CAP. SO AND AND IN THE MATTER OF IN THE MATTER OF AND1,523 words
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GREATER CHINA
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Article, Illustration453 2008-05-30 13 -AP [BEIJING] French fashion house Christian Dior said yesterday that it has dropped Sharon Stone from its Chinese advertisements and released a statement from the actress apologising for saying the earthquake that struck China may have been the result of bad "karma"-AP; AFP - 453 words
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260 2008-05-30 13 -AFP [BEIJING] China will cut import taxes on a range of goods including food and drug items, as it seeks to curb inflation and help victims of this month's earthquake, state media said yesterday. Tariffs on frozen pork will be cut to 6-AFP - 260 words
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204 2008-05-30 13 Reuters [SHANGHAI] China's securities regulator will require companies that have received a major asset injection to wait at least one year before an initial public offering (IPO), in order to boost transparency in their operations, official media reported yesterday. The China Securities Regulatory– Reuters - 204 words
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428 2008-05-30 13 CONRAD TAN - CONRAD TAN But country still has some way to go before reaching global standards By in Hong Kong FOREIGN banks vying for a slice of China's massive household savings may find its pace of banking reforms frustratingly slow, but understanding China's recent history428 words
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467 2008-05-30 13 Bloomberg GDP rises 6.06% from a year earlier on exports increase [TAIPEI] Taiwan's economy expanded faster than economists estimated in the first quarter. Gross domestic product (GDP) rose 6.06 per cent from a year earlier, following the fourth quarter's revised 6.5 per cent gain,– Bloomberg - 467 words
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Page 13 Advertisements
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Advertisement339 2008-05-30 13 B !^g|Ul| The ultimate mlLw- Side-by-Side combination I The new Side-by-Side combined refrigerator-freezer with five different climate zones provides the ideal storage temperature m --i Tri for all types of food. Wines can be stored in the multi-temperature wine compartment in two independently controllable J m zones maintained accurately at339 words
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GREATER CHINA/INDIA
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666 2008-05-30 14 Reuters It will help prop oil companies' profits and avert having to raise fuel prices [BEIJING] After nearly exhausting its oil policy toolkit, Beijing has one last gambit to help it bolster oil company profits and avoid a painful rise in fuel prices before the– Reuters - 666 words
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Article, Illustration399 2008-05-30 14 Reuters [NEW DELHI] Thousands of protesters from an ethnic Indian group burned tyres and blocked roads leading to New Delhi yesterday, taking a battle for college and government job quotas in which dozens have died closer to the capital. Huge traffic jams– Reuters; AP - 399 words
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369 2008-05-30 14 Bloomberg [NEW DELHI] Indian Oil, the nation's biggest refiner, posted its first quarterly loss in more than two years as government subsidies failed to offset losses from selling fuels below cost. The loss in the three months ended March 31 was 4.14– Bloomberg - 369 words
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239 2008-05-30 14 Reuters [HONG KONG] PCCW, Hong Kong's dominant fixed-line phone company, plans to fold its telecoms, media and information technology businesses into a holding company and offer 45 per cent of that new firm to investors. PCCW, controlled by Hong Kong billionaire Richard– Reuters - 239 words
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Advertisement18 2008-05-30 14 Organised by: Sponsored by: Supported by: THE BUSINESS TIMES JSSB OoCßCßank j^=- sL iDA UWU UULJ^J Singapore SINGAPORE18 words
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ASIA-PACIFIC/WORLD
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Article, Illustration511 2008-05-30 15 NEIL BEHRMANN - NEIL BEHRMANN The EPL's revenue was more than USsl.2b higher than other leagues By in London EUROPEAN football's fortunes, led by the English Premier League (EPL), are booming. Deloitte's 17th Annual Review of Football Finance puts the estimated combined revenue of theAFP - 511 words
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281 2008-05-30 15 Bloomberg [SEOUL] Reports that North Korean leader Kirn Jong II was assassinated are "false", South Korea's government said, after speculation he had been killed jolted markets in Asia. "We have been able to determine that the reports are false," UnificationBloomberg - 281 words
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452 2008-05-30 15 A£P Amputees, paralysed stroke victims could soon benefit [PAßlS] Scientists have trained monkeys to manipulate a robotic arm solely with brain power, and could soon help amputees and paralysed stroke victims do the same, according to a study released on Wednesday. Immobilised monkeys withA£P - 452 words
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310 2008-05-30 15 -AP [YANGON] Global powers have voiced outrage at a decision by Myanmar's military government to extend the detention of pro-democ-racy leader Aung San Suu Kyi just days after donors pledged large sums of money to help the country's cyclone victims. The United-AP - 310 words
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Article, Illustration308 2008-05-30 15 -AFP [PARIS] Noel Forgeard, former co-chief executive of European aerospace group EADS, will be held in custody for another 24 hours on suspicion of insider trading, a source close to the case said yesterday. Mr Forgeard, 61, was detained on Wednesday morning for questioning-AFP; FILE PHOTO - 308 words
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Page 15 Advertisements
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Advertisement50 2008-05-30 15 SEMINAR' Search Engine Advertising for ENTREPRENEURS 26 JUNE 2008 Choosing suitable target keywords for your business Structuring a website for search engines Creating internal, external and inbound links Adding metatags and other useful code Cost: Ssl,ooo per delegate Baok now at emaiKSihealvconsultants.com or call 6735 0120 www.healyconsultafts.com www.searchengineadvertjsingmadeeasy.com www.asiabu3inesssetup.com www.asiapropenVconsultants.com50 words
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Advertisement18 2008-05-30 15 v &h Lianhe Zaobao I I Goldtron UyjiHin4--iiiir*]| the field of- oralil coxei, ST U djftt tk Ytyfct18 words
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Advertisement53 2008-05-30 15 DAILY HOROSCOPE (IN CHINESE) scof 1900-912-0002 Calls at $0535/min(indus^veof GST) Callers below 18 years of age must get parental consent I CustomerServiceHotline:63l***** I This service is provided by SPH Interactive Marketing Services. WV Singapore Press Holdings Find the most comprehensive range of products and services in CATS Classified in The53 words
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Advertisement4758 2008-05-30 16 f I If FIRST COMMERCIAL BANK CO., LTD (Incorporated with limited liability in Taipei, Taiwan, R.0.C.) I! OPI IN \-J IV VJ Dr\l N l\ BALANCE SHEETS as of December 31,2007 and 2006 STATEMENTS OF INCOME for the years ended December 31,2007 and 2006 Incorporated in the Federal Republic of4,758 words
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WORLD
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619 2008-05-30 17 Bloomberg Structured bonds under scrutiny in bid to prevent repeat of sub-prime crisis [LONDON] Moody's Investors Service and Standard Poor's, reeling from criticism over the way they rated asset-backed debt, face tougher global regulation to prevent a repeat of the US sub-prime– Bloomberg - 619 words
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Article, Illustration19 2008-05-30 17 Banks have cut over 83,000 jobs worldwide after being hit by mortgage losses and writedowns Source: Bloomberg: Bloomberg - 19 words
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Article8468 2008-05-30 17 UNIT TRUSTS FUNDS ■fTTTTXI^TIWT^H ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.929/ Star Europe Bond 1.177/ Star Europe Bal 1.158/ Star Asian Tiger Eqty 1.323/ Star Asia Bond 1.173/ Star Asia Balanced 0.96/ Star Global Technology Fund!** 0.199/ Multi St Fd 0.815/ Star Asia Bond(USD) 0.86/ Gib Multi St8,468 words
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Page 18 Advertisements
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Advertisement368 2008-05-30 18 PETRA ADVENTURER I PETRA TRAVELLER I H Owner: Owner: I NFC Shipping Funds m NFC Shipping Funds (Managed by f (Managed by Investment Management) Investment Management) t >- Principal's Particulars Principal's Particulars t/JiLj Length Overall: Length Overall: r— P^ 67.00 m V. i 67.00 m FTIT m Tr^J -Jf™ l368 words
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AVIATION
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Article, Illustration773 2008-05-30 19 NYT High fuel prices up 82.5% over last year forcing move in struggle for survival [NEW YORK] As the likelihood of additional mergers in the airline industry dims, big US carriers face a bleak future of making further cuts on theirNYT; BLOOMBERG - 773 words
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Article, Illustration390 2008-05-30 19 -AP [SYDNEY] A temporary strike yesterday by Qantas engineers disrupted some domestic and international flights as their union met company officials over a wage dispute. The engineers are asking for a 5 per cent annual pay increase. Qantas has offered-AP - 390 words
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Article, Illustration821 2008-05-30 19 Bloomberg [PARIS] Airbus SAS, the world's largest planemaker, said orders for its A3BO superjumbo jet may be one-third lower than previously predicted this year as higher fuel costs and an economic slowdown dent demand for travel. Airbus may receive about 20 orders forBloomberg - 821 words
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220 2008-05-30 19 Xinhua [NEW DELHI] Indian airlines are cutting flights and postponing plans for fleet acquisition due to lower revenues caused by rising fuel prices. The government has called a meeting of airline chiefs to review the growth of the industry as the worsening situation– Xinhua - 220 words
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Article2475 2008-05-30 19 AIRLINE CODES: AA American Airlines (AAL), AF Air France (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 Airhr i Bhd (RBA), BO Bouraq Airlines (BOU), BR2,475 words
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SHIPPING
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Article, Illustration465 2008-05-30 20 -AP USs2b overhaul will affect 4% of its shipments, says Deutsche Post [PARIS] Seeking to end years of losses at its struggling express delivery business in the US, Deutsche Post, the German mail and logistics group, said on Wednesday that-AP; AFP - 465 words
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542 2008-05-30 20 -AFP [ILULISSAT, Greenland] The five nations that ring the Arctic Ocean affirmed on Wednesday their willingness to cooperate to protect its environment, at the end of a day-long ministerial summit in Greenland. "We will take steps in accordance with international law. to-AFP - 542 words
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TRANSPORT STOCKS
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Article118 2008-05-30 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.64 0.38 3.37 0 78 2 97118 words
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Article37 2008-05-30 20 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.84 9.45 9.25 4.12 3.38 unch 0.13 0.01 -0.10 unch 0.04 0.14 unch unch 111 141 34; 52: 8! I 2(37 words
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Article12 2008-05-30 20 '00 'recious Ship Regional Cont 25.00 24.70 0.40 0.40 1971 60412 words
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Article22 2008-05-30 20 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.20 34.00 unch unch unch unch unch unch 57 161 0 022 words
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Article20 2008-05-30 20 Evergreen Marine ...27.45 :irst Steamship 71.20 /Van Hai Lines 27.00 fang Ming Marine...23.00 -0.55 1.00 0.20 -0.65 1 120 words
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Article36 2008-05-30 20 '000 :awasaki Hvy Ind ..311.00 16.00 2545! :awasaki Kisen ....1141.00 33.00 594! /litsubishi Hvy 527.00 10.00 433V /litsui Eng&Sbldg...385.00 15.00 ***** /litsuiOsk Lines ...1539.00 41.00 ***** lippon Express 522.00 10.00 357i lipponYusen 1046.00 14.00 839!36 words
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Article, Illustration884 2008-05-30 20 Bloomberg Its shares rose the most in two months in New York trading [BONN] United Parcel Service Inc (UPS), the world's largest package delivery company, said that it expects as much as US$l billion a year in new revenue as it takes– Bloomberg; AF - 884 words
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209 2008-05-30 20 Bloomberg [SEOUL] STX Shipbuilding Co, owner of Europe's largest shipyard, received a contract to build two bulk carriers worth 128.7 billion won (*****.3 million) from Russia. The 57,000 ton ships will be delivered by May 31, 2009, the Jinhae, South Koreabased company said– Bloomberg - 209 words
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Page 20 Advertisements
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Advertisement109 2008-05-30 20 SOUTH EAST ASIA AND SOUTH ASIA TO/FROM NEW ZEALAND NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) Arising from the regular review of bunker prices, we wish to inform the trade that with effect from 1 July 2008, the BAF for all shipments from Singapore, Malaysia, Thailand, Indonesia, Vietnam and India109 words
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Advertisement154 2008-05-30 20 SOUTH EASTASIAAND SOUTH ASIA/AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) Arising from the regular review of bunker prices, the following Lines in the South East Asia and South Asia Australia Trade Facilitation Agreement wish to inform the trade that with effect from 1 July 2008, the154 words
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EDITORIAL & OPINION
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Article494 2008-05-30 21 THIS time last year, the central banks of Asian countries such as India, Indonesia and the Philippines were trying their best to slow the US dollar's slide against their home currencies. By Tuesday this week, traders reported that at least four Asian central banks494 words
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Article, Illustration1285 2008-05-30 21 LEON HADAR - LEON HADAR At the centre of her campaign's message is the notion that she is tough and aggressive HEY, guys, I think that the time has come for us to take collective action and to resist the onslaught on our gender, onAP - 1,285 words
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Article, Illustration771 2008-05-30 21 FRANK CHING - FRANK CHING THE BOTTOM LINE TAIWAN'S new leader, Ma Ying-jeou, worked closely with former president Chiang Ching-kuo during the latter's final years, when Mr Chiang began to implement a strategy to gradually democratise Taiwan with the aim of influencing the political development of771 words
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Article, Illustration1319 2008-05-30 22 TIGER TONG - TIGER TONG They have done well with old-fashioned business models but will face a direct impact from a housing market correction By BANKING has its fashions; sometimes bankers don the financial equivalent of short skirts, at other times it is the long skirt. ItREUTERS - 1,319 words
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Article, Illustration806 2008-05-30 22 JAMES KANTER - JAMES KANTER IHT By TAKING a road trip? Remember to visit the toilet first. Goteberg is among dozens of municipalities in Sweden with facilities that transform sewage waste into enough biogas to run thousands of cars and buses. Cars usingIHT; AFP - 806 words
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Page 22 Advertisements
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Advertisement100 2008-05-30 22 2 LUAUKY Create your own culinary masterpiece with the \f **i~~~ DESIGNERSETDINNER r |jj| liJ^ttaS iril IHr Design your own three-course dinner QSa mm |wUp 3SE wl from our A La Carte Menu. Every 4 th All |T j *frJJfffifflillifiiiPff^^ m& n5 person dines for free in fr Mh\ wßl3BffittnEP'imi^100 words
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SINGAPORE STOCKS
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Article8673 2008-05-30 23 Transaction date: May 29 Hit Low Code Com[ >an] Sale t'ooo) Mi ■ow B'u] fer Seller C'vr P/E $mil 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30 12 1938 AEI Corp 24.5 7.5 1100 AEM 42 19.58,673 words
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Article73 2008-05-30 23 lAfk Tel Low Code Last Sale Vol C000) Low Lasl (uote Seller Div Net P/E Cap Jib Comi Jib Bui C'vr 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 398.3 28873 words
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Article1919 2008-05-30 23 JiL Low Code Comi Sale COOP] JiL Low Bu1 Seller C'vr P/E Smil 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 System 38 19.5 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5 78141,919 words
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Article210 2008-05-30 23 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 offer210 words
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Page 23 Advertisements
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Advertisement34 2008-05-30 23 fBsp, NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED O B -.==31 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com34 words
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FINANCE & COMMODITIES
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360 2008-05-30 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mai 28 World Index Preliminan 1048.9 0.0 -7.3 -0.1 -9.9 -0.2 -4.i f EAFE Preliminai 1005.4 0.1 -10.3 -0.1 -10.4 -0.3 -5.! Euro[ Preliminan 1383.8 0.7 -10.3 0.5 -11.0 0.3 -6.1 Pacific360 words
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Article132 2008-05-30 24 As at 9am May 29 Singapore dollars to one unit of foreign currency: Currencies Bid 't Offer Aust dollar 1.3050 1.3200 Can dollar 1.3700 1.3860 Euro 2.1210 2.1450 NZ dollar 1.0630 1.0860 Sterlini ind 2.6860 2.7161 US dollar 1.3550 1.3710 Local dollars to 100 units of132 words
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Article158 2008-05-30 24 May 29 fer Bil Overnight 5/8 1-month 1 1/8 2-months 1 3/16 3-months 1 5/16 Overnight mode: 5/8 US$ Offer 1/2 1 1 1/16 1 3/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.50 2.65 2.70 2.85 2.95 3.10158 words
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Article23 2008-05-30 24 May 29 ten STI SIMSCI Jun 386.3 389.7 388.4 Taiwan Jun 335.5 337.5 334.8 Source: MF Global (S) He. Ltd23 words
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Article21 2008-05-30 24 May 29 Bid Offer 1-month 1.3642 1.365 2-months 1.3626 1.3635 3-months 1.3613 1.3622 6-months 1.3573 1.3583 Source: OCBC21 words
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Article153 2008-05-30 24 May 29 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3125 1.3134 0.9608 0.9611 Canadian dollar 1.3784 1.3798 1.0091 1.0097 Euro 2.1300 2.1311 1.5593 1.5594 NZ dollar 1.0704 1.0717 0.7836 0.7842 Sterlini 2.6940 2.6956 1.9722 1.972! US dollar 1.3660 1.3666 S$/US$153 words
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Article375 2008-05-30 24 May 29 EURODOLLAR FUTURES Jun08 Sep08 Dec08 Mar09 97.262 97.100 96.820 96.585 0 0 0 0 ***** ***** 8046 ***** EUROYEN FUTURES Jun08 99.145 99.150 Sep08 99.095 99.095 Dec08 99.010 99.010 Mar09 98.890 98.900 Jun09 98.820 98.820 Sep09 Dec09 Mar10 99.145 99.080 98.985 98.870 98.755 98.700A 99.150375 words
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Article292 2008-05-30 24 May 29 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Jun 08 Jul 08 Aug 08 Sep 08 Oct/Dec 08 Jan/Mar 09 437.25 434.50 432.50 430.00 430.00 431.00 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open292 words
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Article105 2008-05-30 24 May 28 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 08 1372.75 1347.75 1384.00 1342.00 Aug 08 1375.75 1351.50 1385.00 1348.00 Sep 08 1362.25 1344.75 1361.00 1355.00 Nov 08 1357.25 1341.25 1371.00 1341.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 08 62.65 62.20 63.15105 words
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Article76 2008-05-30 24 CRUDE OIL PRODUCTS May 28 origin) USS/barrel Close Cham Brent blend (1 -Mth F) 129.01 -0.97 WTI (Near Mth) 130.67 2.21 Dubai (1 -Mth F) 120.35 -6.09 Tapis blend 133.25 -6.2 Minas 128.95 -6.2 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 118.45 165.65 -5.87 -8.15 USS/barrel Opec Oil76 words
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Article465 2008-05-30 24 May 29 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.952 6.666 0.616 7.501 41.133 89.657 1.009 9.907 3.114 1.226 64.528 42.157 1.313 7.368 1.001 29.259 31.171 0.487 0.961 Canada 1.050 7.002 0.647 7.879465 words
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Article89 2008-05-30 24 May 29 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****N 28.08.08 1-Year BY*****N 04.05.09 0.90 1.03 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid His Day's igh Low 2-Year N*****0F 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****A 4.000 15-Year89 words
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Article76 2008-05-30 24 May 29 1 mth 2.***** 1.***** 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 3.***** 1.***** 12 mths 3.***** 1.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP76 words
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Article61 2008-05-30 24 May 29 Delivery Month Opening Sett Av Range Price Price Hii Vol Open Done Position Low Jun 08 3615 Jul 08 3608 Aug 08 3610 Sep 08 3620 Total o/p: ***** contracts 3555 3615 3542 3562 3615 3537 3565 3625 3537 3570 3620 3538 Turnover: ***** Market tone:61 words
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Article135 2008-05-30 24 May 29 GOLD (USS/oz) May 29 May 28 Hong Kong London 897.30 896.50 898.30 897.50 May 28 May 27 897.90 909.20 898.90 910.20 Source: Reuters CAST BAR (S$) May 29 Buying Sellini Kilobar "42,398.75" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1135 words
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Article69 2008-05-30 24 May 28 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2917.20 2954.00 3 months 2960.00 2997.00 Copper, Grade A (USS/tonne) Cash 3 months 8222.00 8095.00 8327.00 8190.00 Lead (USS/tonne) Cash 2009.20 3 months 2028.00 2035.50 2055.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.0069 words
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Article83 2008-05-30 24 May 28 COCOA (Btonne) Close Prev Hii ih/Low Jul 08 1403 1397 1407/1387 Sep 08 1398 1392 1400/1383 Dec 08 1386 1381 1388/1371 Mar 09 1372 1367 1375/1361 COFFEE (USS/tonne) Close Pev High/Low May 08 2254 2206 2222/2218 Jul 08 2280 2232 2282/2225 Sep 08 2270 2220 2271/2212 Nov83 words
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Article1464 2008-05-30 24 BONDS WARRANTS rei lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left )092Asia Environment W*****4 13 1 26 1 38 7 3.65 15 S756# Asiatic Grp (H) Ltd W*****2 8 -1 162 1 3 -4 1.44 28 1657 Biosensors DB ECW*****31,464 words
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Page 25 Advertisements
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Advertisement3053 2008-05-30 25 The Business Times Shipping Times M WPB I WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r W m^ A^X m. M VTTr\ iiuu ■■>■ in... TEL *****588 (KLINES) FAX:*****163 lj^l^_| ■CTTlir^^PliM BBBnSBi SMfS&jaJjE V\\M IIA/AN HAI INpN Customer Service/Bookings Direct Line-(1800) *****200 K^^^^^^^^^^U I!ni|3jS{(j(IBSES9S!j3iSS|^EH H^EBflw^33«M3SKl<IM V »«A IIHII II Ml LI lib3,053 words
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Page 26 Advertisements
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Advertisement3225 2008-05-30 26 RICKMERS-LINIE \\~k~\ EASTERN CAR LINER. LTD If§ £J®3S^ Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com I 111 Mm I I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I ii.rri#iw rvnnroo o»ii mn oniirnui r USA Service n WbbKLY bXrnboo oAILINti oLHbUULb aZ Seoul 8 -j wir Wr ~m m |SBT^^^^^~3,225 words
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Advertisement2683 2008-05-30 27 ISM 858 shipping company/ 70 Shenton Way, #21-03 Marina Hou°'e'Singapore"^'?'!™ PSA uLOKT NAVIbAIIUN uKUUP I W JiiiiP'ilSPi'lfPiPlpMWl HI NORTH WEST EXPRESS LINE «&4fcllt»U*ls«WS'*l Mtt!«l MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES (SINCE 1970) SI I VESSEL I VOY Singapore Freinontle Cocos Island Christmas Island Pasir Gudang2,683 words
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Advertisement2860 2008-05-30 28 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n2,860 words
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Page 30 Advertisements
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Advertisement58 2008-05-30 30 IstAnniversary1 stAnniversary Celebration ndkn ReJTI Tw^Zt and what a treat it will bet Get a FREE* pasta dish with every 2 pasta dishes ordered. Also enjoy 1 for 1* bottle house pour of Prosecco, Wine Beer Valid for Saturday Sunday Brunch (12 noon to 3.30pm) *(of lower value; not applicable58 words
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Advertisement41 2008-05-30 30 ■JHH IHI H Ira^Wvr'Siw IfV W mWi ''r? 11^^*'^^-^^^ HgiH 19S KWOK ISyJ^S iBIB MBIIBBWM gallery p^-j^ Since 7918 ffi^ffijj 545 Orchard Road #03-01 Far East Shopping Centre HHHHH PPP RHI IPBPUP Singapore *****2 Te1:(65)*****516 Fax: (65) *****128 I kwoksingapore@pacific.net.sg I41 words
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Page 30 Miscellaneous
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Miscellaneous389 2008-05-30 30 artBEAT^^^H Tiger's museum hits the streets BEER might seem like an unlikely sponsor for art. After all, the stereotypical drink of art galleries is wine and champagne. Tiger Beer is determined to show that it's deadly serious about promoting Asian artists in its Tiger Translate scheme with its latest museum389 words
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Page 31 Miscellaneous
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Miscellaneous204 2008-05-30 31 CRYPTIC CROSSWORD ing round for coffee (8) HH HH HH 27 Transport charge? (8,3) 8 Stationed in new place to 24 Tube avoided, say (4) DOWN which one is going (11) YESTERDAY'S SOLUTION 2 Walk this side found by the 12 Librarian's accounts? (11) lake in Cumbria (5) 13 A204 words
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Page 32 Advertisements
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Advertisement8 2008-05-30 32 The noushka Shankar project Presented by A >i*^^^'8 words
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executive lifestyle
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560 2008-05-30 33 jaime cc - jaime cc REPRESENT a group of women who are I very unhappy with Carrie Bradshaw and I her friends in Sex And The City that I horrendous paean to fashion excess and I affront to responsible podiatry. We simply do not believe560 words
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Article, Illustration1484 2008-05-30 33 Instead of conventional holidays, some families are opting for a cross-cultural experience overseas, reports GEOFFREY EU THE school holidays are here. And as some families pack their bags in preparation for a cruise on the Baltic, a road trip Down Under, a theme park or1,484 words
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PURSUITS
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Article, Illustration804 2008-05-30 29 WINE Les Cotes de Bordeaux will hold its wine tasting tomorrow, featuring eight producers, writes JAIME EE WHEN you think of Bordeaux, obvious words like en primeur, Chateaux Latour, Margaux or Palmer come to mind. But most wine enthusiasts tend to forget that apart from the First804 words
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Article, Illustration508 2008-05-30 29 -AFP VINEXPO [HONG KONG] China has an ancient and flourishing wine industry, but domestic producers that dominate the market are under increasing pressure from foreign growers trying to attract the country's new wealthy. Asia is expected to double its consumption of wine between-AFP - 508 words
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Article, Illustration576 2008-05-30 29 CHRISTOPHER LIM - CHRISTOPHER LIM GAMING By SONY'S Playstation 3 (PS 3) console has been in sore need of good games, and publisher Übisoft is looking to fill that void with Haze, which was originally intended to be multi-platform, but ended up exclusive to the PS3. Haze576 words
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Article, Illustration523 2008-05-30 29 CHRISTOPHER LIM - CHRISTOPHER LIM NIGHT OUT By CLARKE Quay is doing very well. In fact, it's doing so well that the trendy dining and nightlife area is throwing a month's worth of parties to trumpet its first year since its revamp. Belvedere is the official523 words
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ARTS
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Article, Illustration589 2008-05-30 30 ARTS FEST In the case of For All the Wrong Reasons, reactions can range from introspectively subdued to emotionally impassioned, writes IAN POH ONE of the fundamental analytical lessons learned by students of literature and theatre is that characters in a play are judged according to589 words
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Article, Illustration718 2008-05-30 30 CHRISTOPHER LIM - CHRISTOPHER LIM By( THE music industry loves its celebrities, and the classical music world is no exception. But if you're heading for the Esplanade Concert Hall tonight mainly to see the former face of Chanel's Allure perfume, you're not giving Leila Josefowicz enough credit. The718 words
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Article, Illustration500 2008-05-30 30 SARA LIM - SARA LIM By SINGAPOREANS can sample the richness of Vietnamese culture right on their doorstep through the Vietnam Festival that runs from now until July. The first coun-try-themed festival held in Singapore includes 34 exhibitions and events at 14 museums and galleries, featuring aJOHN HENG - 500 words
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ENTERTAINMENT
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Article, Illustration753 2008-05-30 31 CINEMA Sex And The City the movie, which is heavy on product placement and light on plot structure, will satiate fans, says JAIME EE ON their own, women's emotional problems com-mitment-phobic boyfriends, cheating spouses or boring relationships are just, well, problems. But when you glam it753 words
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Article, Illustration538 2008-05-30 31 GEOFFREY EU - GEOFFREY EU By THE fantasy world created by CS Lewis in his series of allegorical children's books sprang vividly to life in the 2005 movie The Chronicles of Narnia: The Lion, the Witch and the Wardrobe. It was a solid if less thanAP - 538 words
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Article, Illustration703 2008-05-30 31 CHRISTOPHER LIM - CHRISTOPHER LIM CD REVIEW Sex and The City soundtrack Label: Decca Rating: B+ Door Every Little Thing Label: Avex Rating: B 10th Anniversary Shinhwa Label: Warner Rating: B By YOU'D be forgiven for being sceptical at the amount of703 words
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Article, Illustration373 2008-05-30 31 CHRISTOPHER LIM - CHRISTOPHER LIM DVD By THE first works of art made with new tools often end up showing off a lot in an attempt to explore the limits of the new technology, and to prove its legitimacy. In the realm of compu-ter-generated imagery (CGI), this manifested373 words
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CLIPPER ROUND THE WORLD RACE
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Article, Illustration754 2008-05-30 32 The fleet is now heading towards New York after a halt was called when the wind slacked outside Jamaica and the boats restarted Le Mans style in the middle of the sea, reports VINCENT WEE IN THE same weekend that the movie version of Sex andHEATHER EWING/ONEDITION - 754 words
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Page 33 Miscellaneous
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Miscellaneous7 2008-05-30 33 ARTS Different audiences, different reactions PAGE 317 words
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