The Business Times, 2 June 2008

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Microfilm: NL29385
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    25 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 Monday, June 2,2008
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  • Article
    Lock icon JTC exploring waterfront shared facility
    504 1  -  EMILYN YAP Move to optimise use driven by scarce industrial waterfront land for marine, oil gas sectors By [SINGAPORE] With the shortage of industrial waterfront land keenly felt in Singapore, JTC Corporation is exploring the creation of a shared waterfront facility at Tuas View for
    504 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      55 1 Weekly C 3,192.62 Change +70.47 iT Index I COMP 1,276.10 +1.32 MKKEI 225 14,338.54 +326.34 IANG SENG 24,533.12 -180.95 ;et INDEX 833.65 -41.94 JAKARTA COMP 2,444.35 -21.61 IANILA COMP 2,827.44 -21.84 ;eoulcomp 1,852.02 +24.08 ;henzhenb 544.52 +8.54 IUMBAI IND 16,415.57 -234.07 )OW 12,638.32 +158.69 IASDAQ 2,522.66 +77.99 ;&P 500
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    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.583 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.78 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      37 1 IS$ (S$ per US$) 1.368 (US$/S$ )er 1.974 2.700 URO (USS/SS/E) 1.548 2.117 'EN 105.50 77.10 3.243 2.370 M<$ 7.805 5.706 !AHT 32.49 23.75 lUPIAH 9,315 6,810 lENMINBI 6.943 5.075 INDIAN RUPEE 42.54 31.10 1.047 0.766
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  • Article, Illustration
    Lock icon Private sector looks to SMEs as a force to reckon with
    917 1  -  CHEN HUIFEN OH BOON PING By and [SINGAPORE] Small and medium enterprises (SMEs) are a hot group of targets for the private sector right now, going by a recent spate of activities. In the last two weeks, there have
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      1 1 8"*****r*****4'
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      155 1 mmr^r^ __________^^^^^ff I I I m^^^^ ltm^m^m^J^^^^r^m WAW^'^ -_-_-_----------^^j^__^_j^Bpj^^^^^^M M^^^ BEAUTIFUL IN ITS SIMPLICITY. INSPIRING IN ITS RELIABILITY. The movement found in the Cosmograph Daytona is the perfect illustration of Rolex's watchmaking expertise. It is elegantly simple, incorporating a mere 290 components, far fewer than a standard chronograph. This exceptional
      155 words
  • Page 1 Miscellaneous
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  • TOP STORIES
    • Article, Illustration
      Lock icon SGX's business continuity plan gets mixed response
      1024 2  -  MICHELLE QUAH PREPARING FOR CONTINGENCIES Most say plan will help brokers cope; some see overlap with MAS scheme By [SINGAPORE] The Singapore Exchange's (SGX) recent proposal to have its member firms maintain a business continuity plan (BCP) has met with mixed reactions. While
      FILE PHOTO  -  1,024 words
    • Article
      Lock icon Slow uptake in business continuity mgt
      840 2  -  LEE U-WEN Firms slow to see need for systems to recover from disaster By [SINGAPORE] Three years on since the government launched a new framework to help companies recover quickly from a disaster, only four firms have adopted it so far. Three of them
      840 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon SGX's business continuity plan gets mixed response
        63 2 THE Singapore Exchange's recent proposal to have its member firms maintain a business continuity plan has met with mixed reactions. While most agree such a scheme would help brokerages cope in the event of disasters, some are concerned it overlaps an earlier scheme
        63 words
      • Article
        Lock icon Oil prices call the shots for US investors
        55 2 HAS the oil bubble finally hit a ceiling? Last week, oil prices skidded raising hopes on a Wall Street that is now tightly focused on soaring commodity prices, which are up nearly 20 per cent since the start of the year, particularly
        55 words
      • Article
        Lock icon Transport firms hit hard by oil price surge
        68 2 HAVING borne the brunt of surging fuel costs as oil prices shot through the roof, transport companies could experience further earnings weakness if the rising costs are not arrested. This could mean more earnings downgrades for this sector, which has seen the
        68 words
      • Article
        Lock icon General offer for Richland on the cards
        71 2 RICHLAND Group Ltd is on its way to be transformed into an oil and gas company following the completion of the first of a three-stage transaction. Redmount Holdings will now make a mandatory unconditional general cash offer for the remaining 30 per cent
        71 words
      • Article
        Lock icon NTU out to draw the best researchers
        69 2 HE may not be a chef by training, but Bertil Andersson believes in serving his students at Nanyang Technological University only the freshest food he can find not that which comes from a factory. It's an analogy Professor Andersson, the university's provost, uses
        69 words
      • Article
        Lock icon KL defers ban on foreigners buying subsidised petrol
        41 2 MALAYSIA has put off plans to ban foreign-registered vehicles from filling up on subsidised petrol in its border areas with Singapore and Thailand, Deputy Prime Minister Najib Razak said yesterday. MALAYSIA/INDONESIA, PAGE 14
        41 words
      • Article
        Lock icon India's Sterlite to buy assets of US copper miner for US$2.6b
        66 2 INDIA'S Sterlite Industries agreed on Saturday to buy the operating assets of bankrupt copper miner Asarco for US$2.6 billion. But Mexico's largest copper miner Grupo Mexico, which owns Asarco, said that it would do "absolutely everything" in its power
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    • Article
      Lock icon Iskandar Malaysia prospects hazy as Abdullah's star dims
      584 4 Reuters Investors worried that PM's pet project in Johor may be shelved if he loses power [SINGAPORE/KUALA LUMPUR] Malaysia's plan for a showpiece economic zone in its south is in doubt because of the uncertain fate of the country's prime minister and
      Reuters  -  584 words
    • Article
      Lock icon Oil prices call the shots for US investors
      701 4  -  ANDREW MARKS WALL STREET INSIGHT Oil may hold key to US economic, corporate earnings recovery ahead By in New York HAS the oil spike finally hit a ceiling? Is that bubble about to pop, and send the speculators, who appear to be
      701 words
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      68 2 fc«o BANGKOK F?^ Street Fashion Runway mftt' t^9\mW^y Business Networking W 15 Thai street fashion labels seeking local wholesaler and distributor! 11 June 2008 12 Bpm Business Networking Fashion Show M Hotel, Shenton Room Visit www.thaitrade.sg ,M for more information. iml W For further enquiry: /s^Lm Thai Trade Center ""^B
      68 words
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      121 3 I THIS IS OUR NEW NAME. I mmm\ _________i ______l____fl I IT PAYS TO REMEMBER IT. I I With effect from 2 June 2008, Lion Capital Management Limited I I will be known as Lion Global Investors Limited. I As one of the largest asset management companies in this region,
      121 words
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      489 4 ___.>\^^____l TfcJ ____-_(^___B!BBS^^ m ¥s__lS CHINA TAISAN TECHNOLOGY GROUP HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 2 July 2007) [Company Registration No. *****18B3D) One of the leading manufacturers in the PRC of knitted fabrics used in sports and leisure apparel wm I mm Mrm\ Strategically located in Jinjiang
      489 words
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  • Page 5 Advertisements
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      240 5 m+t IP -__ft_ _U ___r^ _^B i. "*I ___v I -*y I Where the ideal partner helps you make the right moves towards a successful business event B s^^^^^hL A jrt^^kl _____f% ft ____-Esr ■f.o i ~'Of,,r- _^H ___T_h _H W i ImW JS_H _H Afl^^^^: ___l x II '^^^mmmmmSmm\
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Another US-centric week ahead with release of 3 key reports
      646 6  -  R SIVANITHY STOCKS TODAY, the US Institute of Supply Management (ISM) releases its May report, which will give an indication of the state of US manufacturing. On Friday, the US Labor Department releases its May employment report, which will show
      646 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      777 6 Legends: US$; Rmb; HK$; A) As; (aa) Final Interest Income; (ab) Final Fully Franked; (ac) Final Capital; (ac) Cash/Bonus; (ag] Dividend/Distribition; (ah) Final; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (am) First and Final Tax Exempt; (an) First and Final Tax Exempt (One Tier); (ao)
      777 words
    • Article
      Lock icon Key Asian units weaken against dollar; A$ stays high
      480 6 -AFP currencies [HONG KONG] Key Asian currencies ended the week mainly down against the US dollar as sentiment over the US economy brightened, but the Australian dollar stayed near record highs. Japanese yen: The yen fell back against the dollar as
      -AFP  -  480 words
    • Article
      Lock icon Oil dives after recent record highs; metals slump
      321 6 AFP COMMODITIES [LONDON] Oil prices last week sank further from record heights above US$l35 a barrel as concerns eased over tight supplies, high demand and as the dollar recovered. Metals slumped in oil's wake, traders said. Oil: The price of crude slid
      AFP  -  321 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1791 6 Reuters Source: Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name \dvance SCT Limited 2.50 2.50 2 7.15 4.34 0.50 0.31 .llco Comm REIT 2.25 2.25 5.49 15.21 1.08 0.84 II' ireen Pro| jerties 2.45
      Reuters  -  1,791 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      57 6 May 30 VALUE CLOSE -334.00 -13.00 BT OB/OS BT CADI -*****.00 +37.00 BT 10-day MA -*****.00 -34.00 FTSE ST Mid Cap 800.43 -2.38 FTSE ST Small Cap 674.47 +2.32 FTSE ST All Share 812.54 +5.44 FTSE ST China 471.81 +0.94 UOB Catalist 157.72 +3.02 SIMSCI 391.34 +3.15
      57 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME Golden Agri 581,092,000 Jade Tech 240,105,000 Oceanus 209,680,000 Sing Tel 161,846,000 Gent Intl 127,864,000 DBS DBeCWOBIOI3 120,885,000 Yanqzijianq 111,961,000 SinqTelMBLePWOBlOlO 78,473,000 China Honqxinq 78,395,000 CoscoCorpDßeCWoBo929 75,729,000 VALUE(S) Golden Agri 605,644,920 Sing Tel 594,407,521 Keppel Corp 562,034,994 DBS Grp 473,311,051 SGX 386,722,130 UOB 349,902,904 Straits Asia 263,188,455
      60 words
    • Article
      Lock icon RISES
      112 6 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE UP 2018 124.0 6.5 UOB Shani iLa Asia 2560 62.2 16.1 Straits Trdi 726 53.0 7.9 NOL 406 46.0 12.8 Olam 313 45.0 16.8 JSH 1800 43.8 1.8 Dain irm 556 41.0 5.7 SIA 200 1610
      112 words
    • Article
      Lock icon FALLS
      106 6 BY CENTS CLOSE DOWN 8682-598.9 -4.8 GLD 10US$ DBSBk6% NCPS 10 ***** -90.0 -0.8 Venture Corr. 1002 -64.0 -6.( Haw Par Cor 659 -55.0 -7.7 BMT 1830 -50.0 -2.7 JardineC&C 1638 -44.0 -2.6 SPC 690 -38.0 -5.2 ux 336 -34.0 -9.2 SGX 804 -34.0 -4.1 SGX MBL iCW*****3 315
      106 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      84 6 May 30 CHNG CLOSE FRMay29 YR2008 S$ LOW S$ HIGH USS 1.3665 0.07 1.4542 1.3457 Euro 2.1175 0.54 2.2064 2.0474 Pounds 2.6954 0.25 2.8431 2.6568 AS 1.3066 0.36 1.3235 1.2349 Yen* 1.2959 0.36 1.4484 1.2832 Rill liah* 0.***** 0.13 0.***** 0.***** Baht* 4.2059 0.10 4.4299 4.1940
      84 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Transport firms hit hard by oil price surge
      733 7  -  LYNETTE KHOO MARCH FULL-YEAR EARNINGS Further earnings weakness ahead may mean more analyst downgrades By THE biggest fear for the transport sector is oil prices. Having borne the brunt of surging fuel costs as oil prices shot through the roof, transport companies
      FILE PHOTOS  -  733 words
    • Article
      Lock icon Quotation of taxable book-entry Singapore Government Bonds (May 30, 2008)
      263 7 MATURITY YEAR RAISED COUPON DATE RATE p.a.) AMOUNT ($m) INTEREST PAYMENT DATES OF DAYS OF ACCRUED INTEREST PRICES* (EXCLUDING ACCRUED INTEREST) REDEMPTION ISIN CODE YIELD (%p.a.) H.07.2008 NX*****H 1998 5 5/8 4800.00 1/1 1/7 150 100.37 1.38 SG492 *****89 5.01.2009
      263 words
    • Article
      Lock icon Tuan Sing seeks stake in Katong Mall
      361 7  -  ARTHUR SIM By TUAN Sing Holdings, which is looking to divest its hotel assets, is seeking a stake in Katong Mall, which was put up for collective sale last week. In a statement released over the weekend, Tuan Sing said that it is
      361 words
    • Article
      Lock icon General offer for Richland on the cards
      441 9  -  ARTHUR SIM Indonesia's Redmount completes purchase of 70% stake By RICHLAND Group Ltd, an inland logistics services provider, is on its way to becoming an oil and gas company following the completion of the first of a three-stage transaction which was first announced
      441 words
    • Article
      Lock icon KepFels bags US$537m rig building job
      349 9  -  VINCENT WEE By KEPPEL Corp's stream of offshore and marine contracts continues apace the latest being the winning of yet another contract to build an ultra-deepwater semi-submersible drilling rig for Ensco for US$537 million. Keppel FELS won the award to build Ensco's sixth consecutive
      349 words
    • Article
      Lock icon Ong Hian Sun takes over directorship of CAD
      232 9 THE Commercial Affairs Department (CAD), the white collar crime unit of the police, is getting a new chief. Ong Hian Sun will assume directorship of CAD from Tan Siong Thye, who will be posted to the Subordinate Courts, with effect from yesterday,
      232 words
  • Page 7 Advertisements
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      81 7 Full-time score As of yesterday, 93 SGX-listed companies had released their financial results for the full year ended March 2008. They recorded a combined 558,231.9m in group profits. The breakdown is as follows No with profits 71 No with losses 22 losses to profits 8 profits to losses 8 higher
      81 words
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      Lock icon Page 7 Advertisements Column 2
      136 7 REV Ct!_J_)_u_i_l_____l Tm+%, f P^ST\s 1 W >^~^x sea4^ >^%N. Your Passport to Overseas Success Clear your overseas business challenges with IE Singapore With a track record spanning 20 years of growing global Singapore businesses and promoting international trade. International Enterprise (IE) Singapore is your choice partner for overseas success.
      136 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Some reprieve for now
      1555 8  -  TEH HOOI LING WILL June be a steadier month for world equities? Looks like it, according to some analysts at least. Hopes are mounting that the worst of the economic storm is over and that the peak has passed for surging crude oil prices. The market
      1,555 words
    • Article, Illustration
      Lock icon Trading activity mostly flat with more buys than sells
      1329 8  -  ROBERT HALILI INSIDE MARKETS Fund managers neutral with 11 purchases against 10 sales transactions By TRADING by directors and substantial shareholders last week was flat for the third straight week, involving 41 companies in 99 buy transactions against 10 firms with
      1,329 words
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      111 9 ZAP 111 r-m-m for daily inspirational quotes Brought to you by Ermenegildo Zegna Hear from established business gurus like Donald Trump, Warren Buffett, Richard Branson and the likes, and stay at the forefront of the business arena. Win a pair of Ermenegildo Zegna Sunglasses worth $600! To Zap: Via SMS
      111 words
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      250 9 BK__^_nS IhPV ml _-__pr7G> ___^______5 ™^^^»»~---r^^^»V~--lii-i Ettv-I Malaysia Islamic Capital Market Conference 2008 Key Building Blocks and Sustainability DATE: 18-19 June 2008 VENUE: JW Marriott Hotel, Kuala Lumpur Challenging the norm with groundbreaking and thought provoking ideas, the Malaysia Islamic Capital Market Conference 2008 will explore key foundation and sustainability
      250 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Work hard, play hard
      2150 10 THIS WEEK'S TOPIC: Is the Urban Redevelopment Authority's Leisure Plan a good idea? What do you like most about it and what would you change or add? Convenient, accessible Pauline Goh Managing Director CB Richard Ellis THE tripling of the existing park connector network is timely
      2,150 words
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      128 10 Your tomorrow KJ Cl starts here today ww j^ct^s star Hub MobMe 4*%*- '"X Broadband Solutions: W 3 1 Superior data \V I coverage islandwide V 1 Highest Broadband Speeds ml <^N Simple Flat Roaming Rates ___________3I B^^^^^ _fct*~~— l____-^____. Drive success with productivity on the go. Experience the highest
      128 words
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      119 11 a A ill)' 111 I>' -------1.-IZr___i ?*o; ii 'm ym f uLLris^ > -___ST! b 1 1 'w__ES; "iss r ii I I 111! I ii:=| 'J* jea»i -_._h._H -.m I /i_KEi•'i-So'i. rii i HrTlffl i iiu^i J Ivm*-!-*-1" f- p= I-_______Hi E ■■'-_»> -»-sS! 9n^___(______'^_________._. A -ImmAfi ;.S "I
      119 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon NTU out to draw best researchers
      663 12  -  LEE U-WEN They make the best teachers too, serving their students 'fresh food': NTU provost By HE may not be a chef by training, but Bertil Andersson believes in serving his students at Nanyang Technological University (NTU) only the freshest food he can find
      663 words
    • Article, Illustration
      Lock icon ACADEMIC EXERCISE
      54 12 MORE than 1,000 DBS staff and partners participated in the DBS Children's Charity Run, held at Bishan Park yesterday, in support of the education of children in Asia. The event, launched in conjunction with DBS's 40th anniversary and officiated by DBS chairman Koh Boon Hwee, raised $140,000 for
      54 words
    • Article
      Lock icon Over 90% NUS MBAs find good jobs within 3 months
      340 12  -  LEE U-WEN By VIRTUALLY all students of the Business School at the National University of Singapore (NUS) landed a job soon after they finished their Master of Business Administration at least nine in 10 of them, according to the school's
      340 words
    • Article
      Lock icon Mrs Lee Kuan Yew making steady progress
      231 12  -  ARTHUR SIM By MRS Lee Kuan Yew, wife of Minister Mentor Lee Kuan Yew, is making steady progress after suffering a stroke on May 12. A press statement from the Minister Mentor's Office issued yesterday said: "Twenty days after suffering a stroke, Mrs
      231 words
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      714 12 a-ilrusr ASCENDAS INDIA TRUST (Registration Number: *****04) (A business trust registered under the Singapore Business Trusts Act, Chapter 31 A) Managed by Ascendas Property Fund Trustee Pte Ltd, as Trustee-Manager NOTICE IS HEREBY GIVEN that the First Annual General Meeting of the Unitholders of Ascendas India Trust (the "Trust") will
      714 words
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      Lock icon Page 12 Advertisements Column 2
      100 12 I michelin star 1 romain fornell I g from barcelona i i ____^^__pH < .±>i wF s> y /Ay g g^_____________-_._.______________________ Awarded "Best Young Chef" in Southern France since the age of 18. First Si youngest Chef to receive a Michelin Star in both France Spain at the age of
      100 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon ECB inflation mandate clear at all times: Trichet
      608 13 Reuters Economists do not expect the bank to change interest rates this week [MADRID] The European Central Bank's (ECB) mandate to keep a lid on inflation is clear and valid at all times, the bank's president, Jean-Claude Trichet, said in an interview
      Reuters; AP  -  608 words
    • Article
      Lock icon Subsidy cuts, inflation cast shadow over oil demand
      493 13 Reuters [LONDON] Emerging economies have powered much of the rise in global oil demand in recent years, but record oil prices and rising inflation have started to put pressure on this last bastion of demand growth. Some analysts are talking of oil
      – Reuters  -  493 words
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      786 13 Member of NATAS J Mm^^^mm _jSf^^^^ XL IHT j —!^^^^^^^^a^elß^J Mmw"'f ■'''■>'' '"/JHr r Jc^AvaWm^t^^^ Se^jiHr c _c iHL"^i ir__ Jm^^ #M I^bbv Friendly Professional Service Assured IH-iH/l. A FLEET OE EXCLUSIVE CLASS MOTOHCOACHES FOB CHARTER I L_4T-L_Y-r_7-7-.il---! AT* W* WW* W% __P* ____P II Corporate Incentive Conference Package Tours
      786 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon KL defers ban on foreigners buying subsidised petrol
      589 14 AP, Reuters New date to be set as anti-inflation Cabinet panel is reviewing plan [SINGAPORE] Malaysia has put off plans to ban foreignregistered vehicles from filling up on subsidised petrol in its border areas with Singapore and Thailand, Deputy Prime Minister Najib
      AP, Reuters; AFP  -  589 words
    • Article
      Lock icon Sime Darby eyeing plantation investment in India
      271 14 Bernama [MUMBAI] Sime Darby Plantation is scouting for a suitable partner to expand its business to India, aiming to take advantage of the country's increasing demand for palm oil. Ranking India as a strategic and potential market, Sime managing director Azhar Abdul Hamid
      ■ Bernama  -  271 words
    • BRIEFLY ASIA
      • Article
        Lock icon UK publisher to buy stake in Abdi Bangsa
        47 14 Bloomberg [DUBLIN] Independent News Media, the publisher of the UK's Independent newspaper, will pay US$7.5 million for a 20 per cent stake in PT Abdi Bangsa TBK, the Indonesian pubUsher of newspapers, as it seeks to expand outside Europe.
        Bloomberg  -  47 words
      • Article
        Lock icon BJP govt takes office in Karnataka state
        65 14 ■AFP [BANGALORE] A 30-member Cabinet headed by India's main opposition Hindu nationalists took office on Friday in southern Karnataka state. Last weekend's victory in the state by the Bharatiya Janata Party (BJP), which forms the main federal opposition, marked the first time the
        ■AFP  -  65 words
      • Article
        Lock icon China firms pay 210m yuan in quake claims
        59 14 Bloomberg [BEIJING] China's insurance firms have paid a total of 210 million yuan (5541.2 million) in claims related to the country's most powerful earthquake since 1950. Of this, life insurance claims made up 25.2 million yuan and property claims 62.9 million yuan,
        – Bloomberg  -  59 words
    • Article, Illustration
      Lock icon Fix things before fuel subsidies are cut
      633 14  -  PAULINE NG MALAYSIA INSIGHT THE talk these days isn't if, but when. With crude oil soaring to exorbitant levels of over US$l2O per barrel, Malaysians who have long enjoyed the cushion of fuel subsidies petrol still costs RM1.92 (SSO.81) a litre at the
      633 words
    • Article
      Lock icon IJM shelves listing of India unit
      111 14 [KUALA LUMPUR] IJM Corp Bhd, the country's third largest builder, has postponed plans to float its subsidiary on the Bombay Stock Exchange, Malaysia's Business Times reported research firm CLSA as saying. The builder planned to raise as much as RM2OO million (SsB4 million) by
      111 words
    • Article
      Lock icon Anti-fuel price hike protests in Indonesia
      235 14 AFP [JAKARTA] Thousands of Indonesians in several major cities held peaceful street protests yesterday against the government's decision to hike the price of fuel by around 30 per cent. In Surabaya, the capital of East Java, about 6,000 members of the Hizbut Tahrir Indonesia
      AFP  -  235 words
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      166 14 AFTEQ. A BUSS OAS AII \f I ._____»^__________fl_fll I _r1 Br^ I»_ I n M "sP 1 B^^^ig^H^^^ IVY __f_R&__Jf P 111 I &1 Wt_« S!^";'" W |p|l 521 1*"*"/! 1900-912-0002 T*!^?^ '"s SSS mIL. < Calls at $0,535 /min(indusJve^>f GST) lU^ r^^i^i^PWy June PULSES _L 1 f lif^>P out
      166 words
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  • GREATER CHINA
    • Article
      Lock icon China's May production growth slows
      354 15 Bloomberg Weaker expansion in global markets cooling demand for China exports [BEIJING] Manufacturing in China, the world's fastest-growing major economy, expanded at a slower pace last month as export growth weakened. The purchasing managers' index fell to 53.3 from a record 59.2 in April, the
      – Bloomberg  -  354 words
    • Article, Illustration
      Lock icon HK wine auction sale sets Asian record
      324 15 -AFP [HONG KONG] A wine auction in Hong Kong has raised an Asian record of more than US$B milUon, organisers said, highlighting the region's growing passion for fine vintages. US auction house Acker, Merrall and Condit sold more than HK$64 million (5511.2 million)
      -AFP; XINHUA  -  324 words
    • Article
      Lock icon Warmer China ties give Taiwan investors cheer
      565 15 AFP Talks could lead to weekly direct flights, opening of island to tourists from China [BEIJING] No one has been watching the dramatic thaw between China and Taiwan with more interest than the business community, which is hoping that for once politics will
      AFP  -  565 words
    • Article
      Lock icon Chinese firms eye US listings via 'blank-cheque' companies
      683 15 -Reuters A recent listing on NYSE may be blazing a trail [NEW YORK] Goldman Sachs' failure to launch a "blank-cheque" company last week doesn't mean they are all out of favour. The cold shoulder that Goldman's Liberty Lane got from hedge funds
      -Reuters  -  683 words
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      114 15 r___m I mm \WW mT^l If you are in any of these situations: "^^^^"^fc. You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted
      114 words
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      223 15 I United States of America W Department of Commerce INVESTING AND DOING BUSINESS IN ILLINOIS, USA 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 the Singapore Marriott Hotel, Legacy Suite.
      223 words
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  • INDIA/GREATER CHINA
    • Article
      Lock icon China seen lifting curbs on firms listing units abroad
      431 16  -  SAIBAL DASGUPTA By in Tianjin CHINA is expected to Uft restrictions on local companies looking to set up offshore subsidiaries for listing in overseas exchanges Uke Hong Kong and Singapore. The Chinese Securities Regulatory Commission is also close to finalising a
      431 words
    • Article
      Lock icon Sterlite to buy assets of US copper miner for US$2.6b
      463 16 Reuters But seller's parent says it will block the deal, even if it means a court fight [NEW DELHI/MUMBAI] India's Sterlite Industries agreed on Saturday to buy the operating assets of bankrupt copper miner Asarco for US$2.6 billion, the latest
      – Reuters  -  463 words
    • Article
      Lock icon India eases overseas borrowing rules
      214 16 Reuters [NEW DELHI] India allowed service sector firms last Saturday to borrow up to US$lOO million overseas in another attempt to shore up the rupee. Last Thursday, the government had eased overseas borrowing rules for firms, raising the limit on the amount that a company
      Reuters  -  214 words
    • Article, Illustration
      Lock icon NO KIDDING, IT'S A GRAVE MATTER
      75 16 -AFP [KOLKATA] Indian street children wearing masks taking part in an anti-tobacco rally in Kolkata on Saturday, observed as World No Tobacco Day. At least 2,200 people die daily from tobacco-related diseases in India, a nation of 1.1 billion people. Besides outlawing smoking in
      -AFP  -  75 words
    • Article
      Lock icon Delhi to consider KL rice request after harvest
      290 16 Bernama [MUMBAI] India, the world's second largest rice producer, will wait until its summer crop is harvested before deciding on Malaysia's request for purchase of rice to build up its grain stockpile. Indian farmers plant the summer crop in June and July
      – Bernama  -  290 words
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      705 16 STYLISH LIVING MADE EASY ;V i THE RENOVATION ISSUE ■^m|a__~ J.M FROM POSH-MILLION-DOLLAR V, *J TO QUIRKY CREATIVE IDEAS V^ -TIMATE MILAN FAIR REPORT WHAT WILL YOUR NEW HOME LOOK LIKE THIS ***** W# f_J MEET BRAD PITT'S FAY DESIGNER! PG3O S-C I____^ m *Z& mmm^' -.Vi^r the great RENOVATE
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      247 16 Storage Area Network Training Classes by Medusa Labs debut in Asia! For the first time, world-renowned Medusa Labs training classes on SAN (Storage Area Network) protocols will be available in Singapore. Thanks to the collaboration between Finisar, Data Storage Institute P^^H (DSI) and Tele Science, SAN professionals in Asia will
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Australia a magnet for high-flying bankers
      649 17 Reuters [SYDNEY] Australia has become a refuge for a new endangered species: the high-flying banker. Bankers facing layoffs in Europe and the United States are looking increasingly at Australia's drumtight market, led by expatriate Australians tempted home by a buoyant local economy. About 34,000
      – Reuters  -  649 words
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      Lock icon Samak backs away from threats to break up rally
      671 17 -AFP But protesters blocking Bangkok thoroughfare need to leave, he says [BANGKOK] Thai Prime Minister Samak Sundaravej warned yesterday that an-ti-government protesters blocking a Bangkok thoroughfare would have to leave, but backed away from threats to forcibly break up the rally.
      -AFP; AFP  -  671 words
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      Lock icon Rising petrol prices put pressure on Australian PM Rudd
      639 17 Reuters Leaked Cabinet documents critical of his plan to curb rise [CANBERRA] Rising petrol prices have ended Australian Prime Minister Kevin Rudd's political honeymoon after six months in office, with commentators warning that his Labor government may now be vulnerable at
      – Reuters  -  639 words
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      Lock icon Historic win as New York romps to victory into home port
      315 17 BREAKING what has been referred to as the 'home port curse', skipper Duggie Gillespie and his team have achieved an historic victory by winning into New York at the end of the 1,420-mile race from Jamaica of the Clipper
      315 words
  • Page 17 Advertisements
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      178 17 _F_asw7__vsS^s.!^S!l ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is helmed by veterans who have been supporting over 1,000 users,
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  • WORLD
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      Lock icon World leaders to address food crisis in Rome
      402 18 [ROME] World leaders are set to gather in Rome tomorrow for a high-profile summit on food security as runaway prices have sparked riots across the world. UN Secretary General Ban Xi Moon will open the conference by unveiling an "action plan" to
      402 words
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      Lock icon PRIME LENDING RATES
      410 18 May 30 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank
      410 words
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      Lock icon Democratic panel rules in voting disputes
      584 18 AP But decision over Michigan, Florida delegates riles Clinton supporters [WASHINGTON] Barack Obama was within striking distance of the Democratic nomination heading into Puerto Rico's primary on Sunday after top party officials agreed to seat Michigan and Florida delegates with half-votes, riling Hillary Rodham
      AP; REUTERS  -  584 words
    • Article
      Lock icon CO2 market seen hitting US$20t a year
      163 18 Bloomberg [NEW YORK] The world market for carbon dioxide (CO2) emissions may be worth as much as US$2O trillion a year in a decade, says Richard Sandor, chairman of Climate Exchange Pic, owner of emissions markets in London and Chicago. "There's 30 billion
      ■ Bloomberg  -  163 words
    • Article
      Lock icon No Opec output hike for now
      228 18 President also says fundamentals not to blame for price jump [ALGIERS, Algeria] Opec president Chakib Khelil reiterated on Saturday that Opec would not make a decision on output policy before its next scheduled meeting in September, and said that oil market fundamentals were not
      228 words
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      Lock icon STOCKS ASIA
      2813 18 Transaction date: May 30 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Seijing
      2,813 words
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      Lock icon STRAITS TIMES INDEX STOCKS
      118 18 itod name lose lange CapitaLand 6.550 +0.170 CapitaMall 3.310 -0.100 CityDev 11.380 +0.140 Cosco Corp 3.420 +0.050 DBSGrp 19.500 +0.140 F&N 4.930 +0.010 Gent Intl 0.610 +0.015 HK Land 4.750 +0.050 I... I name lose lange JSH 18.000 +0.320 Jardine C&C 16.380 -0.040 Keppel Corp 12.120
      118 words
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      Lock icon SECURITIES TRADING SCOREBOARD
      101 18 Up Down Unch Up Down Unch Up Down Unch Multi Ind 9 7 2 0 0 0 9 7 2 Manufacturing 63 121 53 12 16 16 75 137 69 Commerce 24 36 20 30 45 26 r/C. 18 17 20 18 Finance 26 27 Construction 12
      101 words
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      Lock icon SECURITIES TRADING TURNOVER
      122 18 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 170.123 170.123 816.171 816.171 Manufacturing 1.310.839 401.902 1.712.741 1.558.531 50.998 1.609.529 Commerce 310.431 242, .791 553.222 453.247 77.466 530.713 ]t/Stor/Comms 619.002 9.230 628.232 1.560.943 3.076 1.564.019 Finance 157.089 7.012 164.101 1.526.858 2.093 1.528.951 Construction 110.569 133.906 244.475 23.717 6.117
      122 words
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  • SHIPPING/AVIATION
    • Article, Illustration
      Lock icon US exporters run into new snag – scarce ship space
      677 19 US exporters run into new snag scarce ship space Reuters Weak dollar boosts demand for US goods but exports face dockside delays [CHICAGO] As US exporters scramble to meet the increased demand for their products created by the weak US dollar, they are running into an unexpected snag: space on
      Reuters; REUTERS  -  677 words
    • Article
      Lock icon B767 tanker sales rest on US ruling
      461 19 Bloomberg [CHICAGO] Boeing Co, the second-largest US defence contractor, said that global orders for its 767 tanker plane will depend on the US government's ruling on a US$35 billion Air Force order lost to Northrop Grumman Corp and Airbus's parent. "Most countries will
      Bloomberg  -  461 words
    • Article
      Lock icon Global airlines stop offering paper tickets
      395 19 Bloomberg Electronic tickets are cheaper to handle and can't be lost [BEIJING] Global airlines, struggling with surging fuel costs, stopped offering paper tickets on most flights yesterday, completing a switch to all-electronic bookings that are 90 per cent cheaper to handle. The International Air
      Bloomberg  -  395 words
    • Article
      Lock icon Caribbean oil-tanker rates decline
      240 19 Bloomberg [NEW YORK] The cost to transport crude oil from the Caribbean on Aframax tankers fell as port delays eased, freeing ships for new voyages. The availability of ships may drive rates lower this week. Vessels on Friday were hired for an average rate of Worldscale,
      Bloomberg  -  240 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2488 19 AIRLINE CODES: AA American Airlines (AAL), AF Air Fran FR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airline: British Airways Public Ltd Co (BAW), BG Biman Bangladesh A^™* v, v u,u,,., JU u,,u u^ u^u^~ EVA Airways z1 Corpn (EVA), CA: Air China
      2,488 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      370 19 CRYPTIC CROSSWORD ACROSS nlf|R| 14 15 I I I 7 Vehicle producing a distur- i bance after church (7) I^H I^l^H _H. Hi 8 Earnings still evident in Parisi- t—^^ an street (7) 10 Popular fact about liberal fl^H |H H workers in part (10) L H H B___B__L_H_B_H 11
      370 words
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  • SINGAPORE ARTS FESTIVAL
    • Article, Illustration
      Lock icon You'll be delighted, repulsed, silenced
      545 20 For All The Wrong Reasons is mesmerising with an unsettling intimacy in costume, or the lack thereof, and different styles of confessional monologue, says BEN MUNROE OPENING with a male ballet dancer in drag and rabbit ears, For All The Wrong Reasons unfolds like a
      545 words
    • Article, Illustration
      Lock icon Balancing diverging musical traditions
      549 20  -  ONG BOON KIAT Sonos is a coherent, delightful folk-jazz-polyphonic-vocal blend By SONOS 'c Memoria Sardinians Gianfranco Cabiddu's and Paolo Fresu's live-music and cinematic ode to their seafaring Italian island home of Sardinia from the 1920s to 1950s could well have turned out to be a jarring
      549 words
  • Page 20 Advertisements
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      167 20 V WINE DINE AND HOSPITALITY I _k_ %-M immmmWt' /-.a^HEf I mmWfAmm _n__H P <*_____B/ ______r /ifl p V _____T__.^___! ____P^__?____l _________________________________________________r J_Sf_i _E ■^*m\wl I __H_____fl WmmWmmmW AW M I H J| _r iSM j j sLSILm "_-M*-___W wMlmlW"iWwM"JitKwlwm "AM MSI Br EJE Kfl r '"•■'--I 1 _-FI ______l
      167 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Never too early for financial planning
      958 21 A survey of tertiary students has shown over three-quarters are clueless about investment options available. CHUA SI MIN, TOR SHI TING, WONG HAN YEE and KONG YOON KEE provide some pointers IN THE MoneySENSE National Financial Literacy Survey 2005, almost all respondents indicated the
      JACQUELINE PHUA  -  958 words
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      Lock icon Devising a business plan – fast
      1023 21 Devising a business plan fast CAMPUS LIFE LIM WEN JUIN finds out how an NUS team clinched second place at the prestigious MMICC in Canada NOT many corporate situations, one imagines, require the creation of a comprehensive business plan within 24 hours. But that is precisely what the McGill Management
      1,023 words
    • Article
      Lock icon Be smart with your finances
      204 21 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
  • Page 21 Advertisements
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      46 21 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • Page 22 Advertisements
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      3123 22 The Business Times mm Shipping Times A \m\^M KPP 1 1 WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/R W~~~~Z .A. W AW H ljSS32g3jS£lljm WHHmM[M>Bkal mm ll*. -l TEL *****588 (14 LINES) FAX: *****163 ■CTTTIrT^PTiM BBESai J|Elj|± IY\\N>l/\fAN HAI INpX <»*•<""<* Service/Bookings Direct Une (1800) *****200 I ~^^^^^M |SSn3jS{(j(IKS9S!j3iSS|^BH BIBuWLDSBnjITzfTE I
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  • Page 23 Advertisements
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      3479 23 RICKMERS-LINIE »~«hi-^ I f~gH EASTERN CAR LINER. LTD I (jft £J®3S^ Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com 111 E. I I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I u n USA Service PE WbbKLY bXrnboo oAILINu oUHbUULb Vessel I Voy I SIN I ALT I HOU I NEW
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  • Page 24 Advertisements
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      3176 24 _-_^S^M I I J A Mr_CDCCNrn Tel: 65-*****907 Fox: *****917 I i^^ TT_T_,_L_^^-_ ___F______^W MMTuM WmM mTM MfSt H E5 ANUCKbt-N Email: asc@asc-asia.com I WiH fil fIRV MAU IRATIfIIU CRIMP I ■rpMk'lH tSm ____SJ___ shipping company/ 70 Shenlon Way, #21 -03 Marina House Singapore *****8 11HWIUHI lUil UllUUr I K-W-iIS-SlilMljiPM
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  • Page 25 Advertisements
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      3499 25 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 SlNDesfnName Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name
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  • BizIT
    • Article, Illustration
      Lock icon Locals concerned about identity theft
      865 26 Unisys survey shows this concern has become an ongoing feature among Singaporeans, writes AMIT ROY CHOUDHURY SINGAPOREANS continue to express high levels of concern about identity theft, financial fraud and health epidemics, according to the Unisys Security Index release last month. Scott Whyman, Unisys' Asia
      865 words
    • <what's new>
      • Article
        Lock icon Nokia's new N78 is not just a mobile phone
        87 26 THE new Nokia N7B mobile phone is actually a "multimedia computer", says Nokia. And it has the specifications list to back it up. Included are a 3.2-megapixel camera, WiFi networking, HSDPA mobile data connectivity, Internet and FM radio, stereo Bluetooth support
        87 words
      • Article
        Lock icon PROLINK's tiny new wireless laser mouse
        104 26 TO debut at the PC Show, which will be held at Suntec City from June 12 to 15, is the "world's smallest" wireless laser mouse and receiver from PROLINK. Measuring 7.5 x 5.2x2.9cm, the diminutive PROLINK PML3O2M comes with an even smaller USB receiver
        104 words
      • Article
        Lock icon Tiny Sanyo big on projection
        66 26 SANYO has announced the PLC-XW6O, touted as the industry's smallest and lightest three-panel liquid crystal display (3LCD) projector. Weighing I.6kg and with a girth akin to a stack of B5 paper, the 5.5 cm thick projector is ready for travel. It can project a 100-inch
        66 words
      • Article, Illustration
        Lock icon Posh Plantronics Bluetooth headset
        61 26 WITH a face-hugging "VFrame" design, the new jewel-like Plantronics Discovery 925 Bluetooth handsfree headset is said to deliver crystal clear phone conversations thanks to a unique noise reduction technology. Available at major IT retailers is the "Black Onyx" version, with "Alchemy Gold" and "Cerise Pink" to
        61 words
    • Article, Illustration
      Lock icon Local mobile content firm eyes world stage
      693 27  -  ONG BOON KIAT Cellcity wants to move its business into 50 cities globally by next March By SINGAPORE mobile content firm Cellcity is planning to go on a global business blitz. It wants to bring its fledgling service Digital Concierge 2Go an online
      693 words
    • <what's up>
      • Article
        Lock icon HDS names new Asia-Pacific senior VP
        64 27 STORAGE vendor Hitachi Data Systems (HDS) has appointed 20-year industry veteran Mark Kay as senior vice-president and general manager of AsiaPacific. Mr Kay was previously the country manager of HDS in Australia and New Zealand. His new portfolio covers Australia, China, Hong Kong, Korea,
        64 words
      • Article
        Lock icon Check Point appoints Asia-Pacific sales VP
        49 27 SECURITY appliance maker Check Point has appointed Itzhak Weinreb as the vice-president of sales for Asia-Pacific and Japan. An ex-COO of Comverse Network's European Division, Mr Weinreb will be leading Check Point's sales operations in the company's nine offices in Asia-Pacific and Japan.
        49 words
      • Article
        Lock icon Win $20,000 for green innovation
        90 27 PHILIPS Singapore and the Singapore Institute of Architects (SIA) will be holding the first "SIA-Philips Green Innovation Award 2008" to recognise sustainable design innovation. The winner will receive $20,000 and a study trip to one of Philips' Lighting Application Centres. The competition is open to
        90 words
      • Article
        Lock icon Nokia updates map software
        98 27 VERSION 2.0 of Nokia Maps, which can be used for location-aware navigation devices, is no longer in beta or software-testing phase. Nokia is calling users to download the latest stable version of Nokia Maps 2.0 and the current commercial version of the Nokia Maps Loader at
        98 words
    • Article
      Lock icon Low-priced laptops a theme at Asia's biggest computer fair
      359 27 AFP Energy-saving products will also be in the limelight [TAIPEI] Computer makers are expected to showcase the latest of their lines of low-cost PCs in the Taipei computer trade fair the biggest computer show in Asia when it opens this week.
      AFP  -  359 words
  • Page 26 Advertisements
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      91 26 AVAYA WILL CHANGE THE WAY YOU CONNECT WITH CUSTOMERS. Ml I'm Christine, VP of Sales. I'm always on the go, but that doesn't stop me from helping customers. They 8k can dial just one number and my Avaya Unified k Communications software automatically tracks me WL down by ringing my
      91 words
  • Page 26 Miscellaneous
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  • Page 27 Advertisements
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      358 27 g\ "I I Visit us during CommunicAsi-2008. I "IP f^ r\ QCT r _J We are at booth 3C2-1Z (SIN-SITF). Y^/J. VILvZID L-L 17th to 20th June 2008. VOIP Call Centre Solutions EommunicAsia2BDB V -H" I I VMP. VVIIVI V VV,I"M »IW, HfT-M Cermets ri U™.|-7,n. fl -■MA-i L _-__v_a
      358 words
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  • DINING OUT WITH citibank
    • Article, Illustration
      Lock icon For him, variety is the spice of life
      942 28  -  JAIME EE POWER Lunch By HE MAY have lived abroad for over a decade and is totally comfortable with the different cuisines around the world, but French-born Denis Heraud still has a soft spot for a simple meal of cheese, wine and
      ARTHUR LEE  -  942 words
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      Lock icon Not on the radar but still worth a visit
      620 28  -  Jaime Ec NEW MENU Summer Pavilion Level 3, Ritz Carlton Singapore Tel: 6434 5286 SUMMER Pavilion has got to be one of the more under-rated Chinese restaurants in Singapore. More than just a place for tai-tais who lunch, it's where you
      620 words
  • Page 28 Advertisements
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      30 28 Brought to you by citibank m^^ I I X BI m si S™.™!© Your Citibank guide to gourmet pleasures this week f IjH X Bilit___3.^-M'S-"^« CI k_yV_^l I I i
      30 words
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      Lock icon Page 28 Advertisements Column 2
      227 28 I Continue your I culinary journey with I more cuisine treats I from Citibank I Broth B Receive a free glass of wine H with every order of main course H One complimentary Citibank Set H meal with every 3 ordered Duxton Hill I Tel: 6323 3353 I Hua Ting
      227 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Japanese culinary roulette
      699 29  -  Jaime Ec NEW RESTAURANT Takumi Tokyo 2 Keppel Bay Vista, Marina at Keppel Bay Tel: 6271-7414 Dinner Only ON paper, Takumi Tokyo looks like it has everything going for it. For one, it's got a great view of Keppel Marina Bay even if at night all you
      699 words
  • Page 29 Advertisements
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      1970 29 Lianhe Zaobao _l_____-''-. JkW SI." 19 I prices? »j_s_yk3firißntf«? aeaaßafMlMaaaaH^^^ia D LL L CATS Recruit The Arst door to your world of opportunities __&gt; ■&lt; &lt; (J If Zm\mim2\9l LM Xl HIP IMBHM HBBBH UNITED OVERSEAS BANK LIMITED i XiTi I'^TJrW/T A Company Registration No. *****0026Z E&gt;^* V Tjr\!L^/ _E
      1,970 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7338 30 Week ended: May 30 High »-wks Tel Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $m!l 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 AEICorp 24.5 7.5 1100 AEM 42 19.5 2101
      7,338 words
    • Article
      Lock icon SGX XTRANET
      82 30 52-Wk Tel h Low Code Last Sale Vol ('000) Week lh Low Last Quote Buyer Seller Div GrYld C'vr Net P/E MCap $mil _H|&lt; Comi Jjii 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech US200 US6200 250 60 1000 1000 6097 IS MSCI Spore *****
      82 words
    • Article
      Lock icon SGX CATALIST
      2098 30 52-Wk Tel Hiqh Low Code Last Sale Vol C000I Week Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hii 30 11.5 1181 s AAGrp 41.5 15 5000 s ABR Hldgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5
      2,098 words
    • Article
      Lock icon CLOB INTERNATIONAL
      218 30 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      218 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      360 31 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 30 World Index Preliminan 1063.0 0.5 -6.1 0.2 -9.0 0.4 -3.9 EAFE Preliminai 1018.0 0.6 -9.2 0.3 -9.8 0.5 -4.8 Euro[ Preliminan 1390.0 0.3 -9.9 0.1 -11.0 0.3 -6.1 Pacific 889.4
      360 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      128 31 As at 9am May 30 Singapore dollars to one unit .f foreign currency: Currencies Bid Offer .list dollar 1.2960 1.3120 .an dollar 1.3730 1.3890 luro 2.1060 2.1310 IZ dollar 1.0550 1.0790 iterlini 2.6830 2.7130 JS dollar 1.3580 1.3740 .ocal dollars to 100 units it foreign currency:
      128 words
    • Article
      Lock icon INTERBANK RATES
      159 31 r May 30 fer Overnight 1 -month 2-months 3-months Overnight mode: 5/8 US$ 3/16 1 1/16 1 3/16 1 1/4 Offer 1/16 15/16 1 1/16 1 1/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.50 2.65 2.80 2.90 3.00
      159 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 31 May 30 ten H_! Sett STI IIMSCI Jun 390.6 395 394.3 "aiwan Jun 336.8 338.1 334.3 Source: MF Global (S) Pte. Ltd
      25 words
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      Lock icon US$/S$ FORWARD RATES
      22 31 May 30 S! Bid Offer 1-month 1.3655 1.3669 2-months 1.3639 1.3654 3-months 1.3625 1.3641 6-months 1.3585 1.3602 Source: OCBC
      22 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 31 May 30 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.3055 1.3071 0.9548 0.9551 Canadian dollar 1.3790 1.3809 1.0086 1.0091 Euro 2.1160 2.1182 1.5476 1.5478 NZ dollar 1.0664 1.0680 0.7799 0.7804 aterlini ind 2.6985 2.7016 1.9736 1.9741
      157 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      374 31 May 30 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun08 Sep08 Dec08 Mar09 97.302 97.170 96.890 96.665 0 0 0 0 ***** ***** 8904 9941 EUROYEN FUTURES Jun08 99.145 99.150 Sep08 99.085 99.085 Dec08 98.995 99.005B Mar09 98.890 98.900B Jun09 Sep09 Dec09 Mar10 99.145 99.085 98.985A
      374 words
    • Article
      Lock icon SICOM FUTURES
      284 31 May 30 KUbbbK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Jun 08 Jul 08 Aug 08 Sep 08 Oct/Dec 08 Jan/Mar 09 422.25 415.75 413.25 410.75 409.00 410.00 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open
      284 words
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      Lock icon CHICAGO BOT
      102 31 May 30 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 08 1363.50 1322.75 1365.00 1312.00 Aug 08 1368.75 1328.25 1369.50 1318.00 Sep 08 1356.25 1322.00 1352.00 1313.00 Nov 08 1354.50 1321.50 1356.00 1310.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul OS 61.31 60.30 61.38
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      Lock icon CRUDE OIL & PRODUCTS
      78 31 CRUDE OIL PRODUCTS May 29 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1 -Mth F) 129.49 0.48 WTI (Near Mth) 126.60 -4.07 Dubai (1 -Mth F) 123.39 3.04 Tapis blend 136.8 3.55 Minas 132.7 3.75 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 119.77 167.90 1.32 2.25 USS/barrel
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      Lock icon INTERBANK CROSS RATES
      466 31 May 30 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.947 6.630 0.617 7.453 40.619 88.954 1.007 9.838 3.096 1.224 63.838 41.832 1.306 7.224 1.005 29.025 31.026 0.484 0.955 Canada 1.056 7.004 0.652 7.874
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      Lock icon GOVERNMENT SECURITIES
      90 31 May 30 Period Issue code Maturity Yesterday's Bid Hit Day's |h Low 3-Month BQ*****N 28.08.08 1-Year BY*****N 04.05.09 0.91 1.03 0.82 0.82 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0F 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****A 4.000
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      Lock icon SIBOR
      78 31 May 30 (US$) (S$) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 3.***** 1.***** 12 mths 3.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths
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      Lock icon PALM OIL
      61 31 May 30 Delivery Month Opening Sett Av Range Price Price Hi Vol Open Done Position Low Jun 08 3500 Jul 08 3478 Aug 08 3440 Sep 08 3479 Total o/p: ***** contracts 3525 3525 3490 3480 3502 3469 3498 3510 3440 3500 3510 3450 Turnover: 8484 Market tone:
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      Lock icon PRECIOUS METALS
      140 31 May 30 GOLD (USS/oz) Mat 29 Ma: 30 Hong Kong London 897.30 877.50 898.30 878.50 May 29 May 30 883.00 887.80 884.00 888.80 Source: Reuters CAST BAR (S$) May 30 Buying Sellini Kilobar "41,551.31" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
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      Lock icon LONDON METALS
      68 31 May3o\ Co iiuiii, yy.i (US$/tonne) Close Previous Cash 2888.20 2838.00 3 months 2931.00 2880.00 Copper, Grade A (US$/tonne) Cash 3 months 8062.00 7935.00 8001.00 7890.00 Lead (US$/tonne) Cash 1956.50 3 months 1975.00 1932.80 1952.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00
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      Lock icon LIFFE
      82 31 May 30 COCOA (Btonne) Close Prev Hii ih/Low Jul 08 1472 1468 1480/1455 Sep 08 1461 1458 1469/1446 Dec 08 1451 1446 1460/1438 Mar 09 1429 1427 1436/1417 COFFEE (US$/tonne) Close Pev High/Low May 08 2222 2222 Jul 08 2264 2246 2272/2233 Sep 08 2258 2245 2269/2236 Nov 08
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      Lock icon BONDS & WARRANTS
      2689 31 BONDS WARRANTS Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left 2036 Advance SCT Ltd W*****9 3 -0.5 50 1 87 190 10.33 27 9092 Asia Environment W*****4 13 -4 356 1 38 9 3.62 15 8756 Asiatic Grp (H)
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