The Business Times, 3 June 2008

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Microfilm: NL29385
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg «v a Singapore press holdings publication coregnnoi9B4o2B6Be mica (p) 122/12/2007 Monday, June 3,2008
    22 words
  • Article, Illustration
    Lock icon Airlines hit panic button as huge losses loom
    730 1  -  YEN SREENIVASAN Just as industry had started to recover, it finds itself in another crisis By in Istanbul WOUNDED by massive fuel bills and slowing passenger growth, the airline industry faces its biggest challenge in years with a worldwide loss of US$6.l
    730 words
  • MARKETS DIGEST
    • Article
      Lock icon Untitled
      16 1 TST INDEX 3,188.05 (-4.57) TST INDEX FUTURES 3,190 (-5) TSIMSCI 390.65 (-0.69) TSIMSCI FUTURES 390.10 (-4.20)
      16 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.644 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.70 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      44 1 1COMP 1,262.49 -13.61 IIKKEI 225 14,440.14 +101.60 IANG SENG 24,831.36 +298.24 ;et index 810.22 -23.43 JAKARTA COM P 2,427.77 -16.58 1ANILACOMP 2,825.89 -1.55 ;eoulcomp 1,847.53 -4.49 IHENZHEN B 544.68 +0.16 IUMBAI IND 16,063.18 -352.39 12N00NEDT Cham )OW 12,489.40 -148.92 IAS DAI 2,489.20 -33.46
      44 words
    • Article
      Lock icon FOREX
      36 1 US: 1.364 (US$/S$ il 1.963 2.677 ;URO (US$/S$/E) 1.553 2.118 'EN 105.10 77.10 3.224 2.364 m 7.804 5.723 !AHT 32.56 23.88 lUPIAH 9,320 6,835 1ENMINBI 6.935 5.086 INDIAN RUPEE 42.23 30.97 1.051 0.771 1.277 0.937
      36 words
  • Article, Illustration
    Lock icon Cost of SICC's fancy new clubhouse balloons
    584 1  -  LEE U-WEN By Construction crunch bites hard; project may cost 50% more than estimated [SINGAPORE] Soaring construction costs have prompted the Singapore Island Country Club (SICC) to drastically revise its budget upwards for the building of a new, ultra-modern clubhouse. Barely a year
    584 words
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      34 1 8 *****1 *****4 X? jW^iS^. ts^bbSSx^S 1b _^k_ /^l i^^^-^^^^J _^k^ _^^C_ i^^^J Oli #aF^^^Ol w* 19 'iP« "ji I \^B 111 /x >^Hfe^l BiSiaRLSjinTtTOSCl^ vl V IrvJ v^ >v/ 13 33 33 S
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  • Page 1 Miscellaneous
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  • TOP STORIES
    • Article, Illustration
      Lock icon Knee-jerk reactions to food crisis may backfire: ADB
      807 2  -  ANTHONY ROWLEY By in Tokyo Chief economist voices concern as Japan looks to raise rice production ASIAN Development Bank (ADB) chief economist Ifzal Ali yesterday warned against "knee-jerk" reactions to the food crisis after Japan's chief government spokesman suggested that Japan should
      BLOOMBERG  -  807 words
    • Article
      Lock icon SingTel not keen to sell, but Telkom wants its stake
      412 2 Reuters [JAKARTA/SINGAPORE] Indonesia's top telecoms firm Telkom said yesterday that it was keen to buy SingTel's 35 per cent stake in mobile phone operator Telkomsel if it was put up for sale following an Indonesian court ruling. But Singapore Telecommunications
      ■ Reuters  -  412 words
    • Article
      Lock icon Chee and sister get jail for contempt
      638 2  -  MICHELLE QUAH SDP DAMAGES HEARING By [SINGAPORE] The High Court has sentenced Singapore Democratic Party (SDP) chief Chee Soon Juan to 12 days' jail, and his sister Chee Siok Chin to 10 days, for contempt of court. The Chees have until Wednesday evening
      638 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Temasek looks to resume genco sales
        38 2 AFTER a breather of almost three months, Temasek Holdings could resume its genco sales of the remaining Senoko Power and PowerSeraya as soon as this month, sources suggest. TOP STORIES, PAGE 3
        38 words
      • Article
        Lock icon OCBC: retail investors to get fair slice of $1b issue
        72 2 OCBC Bank yesterday said it will cut back the allocation to institution investors for its $1 billion preference shares in order to give retail investors a fair go at subscribing for the hot offering. The preference shares, which the bank
        72 words
      • Article
        Lock icon Retail firms face slower consumer spending ahead
        70 2 FURTHER weakening in consumer spending, which is already seen dampening sales of some retailers here, may take a greater toll on retailers in the next few quarters. Analysts note that even luxury watch retailers may find it harder to keep up with their
        70 words
      • Article
        Lock icon Mencast, Healthway headed for listing on Catalist
        77 2 FOUR months since the Singapore Exchange appointed its first batch of sponsors for Catalist, the revamped secondary board is seeing its first two prospective new listings under the new rules. To expedite expansion plans and transform into regional players, vessel sterngear equipment maker
        77 words
      • Article
        Lock icon Internal sabotage the
        50 2 biggest threat to banks: MAS INTERNAL sabotage that is, spying by employees, contractors and vendors ranks among the most serious risks a bank faces, according to updated guidelines issued by the Monetary Authority of Singapore yesterday for Internet banking and technology risk management. SINGAPORE NEWS, PAGE 9
        50 words
      • Article
        Lock icon Banks Niaga, Lippo to merge in 24.6t rupiah deal
        90 2 PT BANK Niaga and PT Bank Lippo, two Indonesian banks indirectly controlled by Malaysia's sovereign wealth fund, will combine in a merger valued at 24.6 trillion rupiah (553.58 billion). Lippo shareholders will get 2.822 of Niaga's shares for every share they
        90 words
      • Article
        Lock icon China's Unicorn buys Netcom, sells CDMA network
        68 2 CHINA unveiled two mega-deals yesterday as the government overhauls the world's largest telecoms industry, with mobile operator Unicorn taking over a fixed-line peer and unloading an underperforming network. Unicorn, smaller rival of China Mobile, said that it will issue new shares and swap
        68 words
    • Article, Illustration
      Lock icon SIA can ride out the oil storm, says CEO
      483 3  -  VEN SREENIVASAN By Airline will have to work hard to keep non-fuel costs down, he says in Istanbul SINGAPORE Airlines will face the same challenging operating environment as other airlines, but it is better positioned to weather the storm brought on
      REUTERS  -  483 words
    • Article
      Lock icon Temasek looks to resume genco sales
      588 3  -  RONNIE LIM By Sub-prime crisis not expected to hurt sale as there's flight to quality assets [SINGAPORE] After a breather of almost three months, Temasek Holdings could resume its genco sales of the remaining Senoko Power and PowerSeraya as soon as this month, sources
      588 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      166 2 Listening is the key to any business success. H^fc^^^fl HM||jUj||C|£^|jj|3jfl Widex helps me do just that. Enjoy better communication with Widex. BWfflWgjJjlrnJM^ffl j'. i MjjfefflWßffftfCTM The ability to listen well is as powerful as it is to speak well. Not a HHM| day passes when one is not required to
      166 words
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  • Page 3 Advertisements
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      218 3 SINGAPORE'S MOST MAGNIFICENT LUNCH Prive has introduced what is arguably Singapore's most magnificent lunch; a two-course lunch for $32++, a three-course lunch at $38++ or the four-course magnificent lunch at $68++. Throw in the culinary talents of our Mains are a culinary tour de force with Executive Chef Tony Bilson,
      218 words
    • Advertisement
      Lock icon Page 3 Advertisements Column 2
      122 3 Ha ffillßlLfi! BSI U| BfJ BHBH(Hkservcorp^^-;;;': ES33BSI jdmrt Office: www.servcorp.com.sg EJ^^^ I Everything but the office I From $90* per month! A |l No SGt up fees, no security deposit, month to month flexibility M Prestigious address for your business cards and letterhead Access to over 300 boardrooms and meeting
      122 words
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  • COMPANY NEW
    • Article
      Lock icon OCBC: retail investors to get fair slice of $1b issue
      812 4  -  SIOW LI SEN By Assurance comes as demand from institutional investors proves hot OCBC Bank yesterday said it will cut back the allocation to institution investors for its $1 billion preference shares in order to give retail investors a fair
      812 words
    • Article
      Lock icon Still a hazy picture at Oculus over 'that' affair
      575 4  -  CHOW PENN NEE EYE-CARE firm Oculus is keen to close the chapter over misplaced trust monies. However, although all seems to be settled, answers are still wanting. To recap, Oculus revealed last month that some $15 million was missing from its
      575 words
    • Article
      Lock icon Retail firms face slower consumer spending ahead
      607 5  -  LYNETTE KHOO By Luxury segment still resilient but inflation pressures could start to bite: analysts FURTHER weakening in consumer spending, which is already seen dampening sales of some retailers here, may take a greater toll on retailers in the next few quarters. Analysts
      607 words
    • Article, Illustration
      Lock icon Diversification is long-term goal: Aztech
      521 5  -  ONG BOON KIAT By New business forays will not diminish core IT business DIVERSIFICATION is a long-term growth strategy but does not mean a scaling down of existing business, Aztech Systems said in a statement to the Singapore Exchange (SGX) yesterday. The statement was made
      521 words
    • COMPANY BRIEFS
      • Article
        Lock icon E3 goes ahead with China venture
        52 5 E3 HOLDINGS has announced it will proceed with the plan to acquire a 49 per cent stake in China-based oil refining firm Song Yuan Petrochemical Company (SYPC) despite the recent pullout of its partner Jade Technologies. E3 and Jade had previously agreed on a
        52 words
      • Article
        Lock icon Novena Holdings director resigns
        20 5 NOVENA Holdings has announced that Manohar Sabnani has resigned as executive director to "pursue other opportunities".
        20 words
      • Article
        Lock icon ST Engg unit sets up JV in Kazakhstan
        56 5 SINGAPORE Technologies Engineering (ST Engg) has gone into a joint venture with Glotur Technology Fund (GTF) in Kazakhstan. A subsidiary, Merits Technologies, was set up with the ST Engg group owning a 51 per cent stake and GTF the remainder. Merits Technologies
        56 words
    • Article
      Lock icon Soilbuild clinches JTC award to build stack-up factory
      365 5  -  EMILYN YAP By TO encourage private sector participation and promote an active industrial property market, JTC Corporation yesterday awarded the development of its stack-up factory to Singapore Exchange-listed Soilbuild Group Holdings. This is the first time JTC has awarded such a project
      365 words
    • Article
      Lock icon Mencast, Healthway headed for listing on Catalist
      546 8  -  LYNETTE KHOO By Companies are first two prospective new listings on revamped board FOUR months since the Singapore Exchange (SGX) appointed its first batch of sponsors for Catalist, the revamped secondary board is seeing its first two prospective new listings under the new
      546 words
    • Article
      Lock icon StarHub president quits to helm company abroad
      215 8  -  WINSTON CHAI By STARHUB'S recently appointed president Mike Reynolds is leaving the company after seven years to take over the reins at a new company overseas. The telco said in a statement yesterday that Mr Reynolds has resigned and will leave in July
      215 words
    • Article
      Lock icon Xinhua Finance inks pact with SGX to profile China index stocks
      260 8  -  LYNETTE KHOO By SINGAPORE Exchange (SGX) announced yesterday that it is working with Xinhua Finance, China's premier financial information and media service provider, to profile the component stocks of the FTSE ST China Index. Xinhua Finance News, the core
      260 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      2930 4 MANDATORY UNCONDITIONAL GENERAL CASH OFFER listing status 6.1 No compulsory acquisition. The Offeror intends to preserve the listing status of the by Company on the Main Board of the SGX-ST. Accordingly, the Offeror does not intend to exercise any right of compulsory acquisition under Section 215 of the Companies Act
      2,930 words
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      47 5 ■BEBBe^TOsgHEBbB^JB BS^^^BtyBBffBBKIaBiBBESsJiHSv^^K-jß^v K--^J^Ti^*1 ?£*i^*^?':a]ffr^*^§3KSffl BB"gff''^'4W^s^' 'j^jfo**.^ jr^sßFv£'' fii' r-~* <~&t'fflS-'^i&r*^■^■**ißJß^fl*K/&M& ii3E^S§6BB SKS^SiviK^wS/SS*')^*"^ ...v; v 4-; ■r ,"_y itLw IS? ~jjQ: —^P^BMEtiI^BMfcAKMJMA^I *^^4~ .^*r^^m3ili*r^ii^MjjT^^B^fcMn^V^T^^fß^B^ HP^cr^ttUP -^r"L'^^^v^-fl i^B^Vv' kß^^^l'i l' B *BAI 1H 1 BB^Bx 7 T*sjPFw£twfß 'j^V^VKS^^csS^^v^Mn^^flßl dIBSE* BB^9^^^3hm BBch*^^^Svß^3j^bl3G^^^ i^ :>l-^^BBjUbbl BBbb^^^^_ BBT^^fißß^R^^Bk^JßV^1 Jp&Hlk^tA^'^^^B*""1~- 't-' 'ivi^khi^^H ati**^'»7^-'"^'*f/*wfs^
      47 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI in late reversal as US futures fall
      571 6  -  R SIVANITHY STOCKS Local index gives up 22-point afternoon gain and closes 4.6 points lower A SHARP rise in Hong Kong's Hang Seng Index yesterday helped push the Straits Times Index (STI) up 22 points to 3,214 in the afternoon, but a
      Bloomberg  -  571 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      98 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 8 3 4 0 0 0 8 3 4 lanufacturing 54 71 63 11 61 80 74 Commerce 18 28 21 23 34 26 'pt/Stor/Comms 12 16 12 18 ■inance 11 12 11 12 Construction 12
      98 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      108 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 45,847 45,847 219,642 219,642 lanufacturing 329,717 40,670 370,387 353,811 6,057 359,867 lommerce 64,072 51,905 115,977 85,452 19,617 105,070 'pt/Stor/Comms 138,607 1,020 139,627 297,394 283 297,677 :i nance 24,676 24,676 253,963 253,963 lonstruction 96,678 3,377 100,055 17,832 416 18,248 'roperties
      108 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      104 6 lapitaLand 6.350 -0.200 lapitaMall 3.390 +0.080 lityDev 11.400 +0.020 losco Corp 3.400 -0.020 IBS Grp 19.680 +0.180 :&N 5.000 +0.070 Sent Intl 0.645 +0.035 IK Land 4.730 -0.020 ISH 18.060 +0.060 lardineC&C 16.480 +0.100 Ceppel Corp 12.340 +0.220 Ceppel Land 5.300 -0.030 IOL 3.830 -0.230 loble
      104 words
    • Article
      Lock icon BROKERS' TAKE
      439 6  -  LYNETTE KHOO Indofood Agri Resources June 2 close: 552.47 DMG Partners Securities, June 2 INDOFOOD Agri Resources (Ifar) is one of Indonesia's leading oil palm planters and producers of crude palm oil (CPO), producing over 312,000 tonnes in FY2007 and 170,000 tonnes in Ql 2008. It has about
      439 words
    • Article, Illustration
      Lock icon Investors should remain cautious
      257 6  -  KEN TAI CHEE MING, CHART POINT LAST week, the Straits Times Index (STI) managed to bounce off its head-and-shoulder neckline but failed to penetrate above the resistance at 3,254. At this moment, there are appears to be some unsettled business left for the STI with a
      NextVIEW  -  257 words
    • Article, Illustration
      Lock icon US$ stumbles before key jobs numbers
      535 6  -  LARRY WEE THE US dollar fell anew against most of its Asian counterparts yesterday. It was sent reeling by a combination of lower oil prices, imminent Asian rate hikes, and another potentially weak set of US jobs numbers by the end of this week.
      Reuters  -  535 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      56 6 Jun 2 VALUE CLOSE -496.00-162.OC IT OB/OS IT CADI -*****.00 -56.0' IT 10-day MA -*****.00 -49.0' TSE ST Mid Cap 802.86 +2.4! TSE ST Small Cap 672.21 -2.2' TSE ST All Share 811.89 -0.6! TSE ST China 469.18 -2.6: IOB Catalist 156.67 -1.0! iMSCI 390.65 -0.6: iMSCI
      56 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      61 6 VOLUME Gent Intl 137,770,000 Golden Agri 51,869,000 Ocean us 49,373,000 HLHGrp 41,053,000 China Honqxinq 32,310,000 Sing Tel 31,696,000 CSC Hldqs 30,162,000 Rich Land 27,741,000 Yanqzijianq 27,413,000 Jade Tech 22,602,000 VALUE(S) Keppel Corp 139,263,338 Sing Tel 118,257,585 Gent Intl 89,562,465 DBS Grp 83,168,460 UOB 69,774,872 Wilmar 61,429,020 Golden
      61 words
    • Article
      Lock icon RISES
      111 6 BY CENTS CLOSE UP GLD 10US$ 8746 87.2 0.7 China H 10US$ 1801 87.2 3.7 Daiwa FT Shariah Ja 1025 35.4 2.6 DBS Bk6% NCPS 10 ***** 30.0 0.3 Kei Con 1234 22.0 1.8 DBS Gr| 1968 18.0 0.9 Venture Con 1020 18.0 1.8 Daip irm 568 16.4 2.2
      111 words
    • Article
      Lock icon FALLS
      116 6 CLOSE DOWN OCBC Bk4.5%NCPS 100 *****-310.0 -3.0 India Ni 10 1540 -94.0 -5.8 NOL 383 -23.0 -5.7 i Land 635 -20.0 -3.1 Great Eastern 1804 -20.0 -1.1 OCBCCai !.93%Pref10 9970 -20.0 -0.2 JMH 3240 -13.6 -0.3 Ezra 288 -12.0 -4.0 SPC 679 -11.0 -1.6 IS MSCI India 100 701
      116 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      82 6 Jun 2 CHNG C10SE FRMay30 YR2008 S$ 10W S$ HIGH USS 1.3625 0.29 1.4542 1.3457 Euro 2.1184 -0.04 2.2064 2.0474 Pounds 2.6732 0.83 2.8431 2.6568 1.2996 0.54 1.3235 1.2349 'en* 1.2997 -0.30 1.4484 1.2832 Rupiah* 0.***** 0.19 0.***** 0.***** Baht* 4.1820 0.57 4.4299 4.1940 Peso* 3.1307
      82 words
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      585 8 /4?> Get your Rabobank Warrant IO IUI Highlights daily via email. Vffßlvl mr Visit www.rabowarrants.com.sg or gi*l*ysmlflj& ftj| emailwarrants@rabobank.com FIRST RESOURCES RB ECWOBIIIB (FOHW) FERROCHINA RB ECWOBIOOB (FVSW) FIRST RESOURCES LTD Call FERROCHINA LIMITED Call Exercise Price S$ 1.23 Exercise Price S$ 1.50 L Expiry Date 18 November 2008 Ratio
      585 words
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      Lock icon Page 8 Advertisements Column 2
      257 8 t!~" save tax i r^^B Our qualified professionals M/A-/ _9 3 B 1 A can assist you with offshore J B^^^J^jß^itJ^J™ structures, shelf companies K tftlt J>M iljj I LLi 3sJ IXILjJII and incorporations in ALL Woodlands Industrial Ak Park El jurisdictions including: T>jiT!riPH'B Built-in 23,000 sq-ft jf w (5
      257 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Internal sabotage the biggest threat to banks: MAS
      579 9  -  CHOW PENN NEE By It expects boards, senior management to be responsible and accountable INTERNAL sabotage that is, spying by employees, contractors and vendors ranks among the most serious risks a bank faces, according to updated guidelines issued by the Monetary Authority
      579 words
    • Article
      Lock icon IE Singapore, Brazil renew trade ties
      423 9  -  VINCENT WEE By TRADE agency International Enterprise (IE) Singapore and its Brazilian counterpart Agenda De Promocao De Exportacoes Do Brasil (Apex Brasil) yesterday renewed a memorandum of understanding (MOU) to promote and enhance trade, investment and the relationship between the two countries, extending an
      423 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon New board members for A*Star, HLB
        126 9 THE Minister for Trade and Industry, Lim Hng Kiang, has appointed two new board members to the Agency for Science, Technology Research (A*Star) and the Hotel Licensing Board (HLB). Tan Eng Chye, the deputy president of academic affairs and provost at the National University
        126 words
      • Article
        Lock icon NTUC reaps 'green' rewards
        63 9 THE eco-friendly movement is starting to gather steam in the heartlands, with NTUC Fair Price reporting positive response to a series of green initiatives it introduced last year. According to the retail giant, the use of plastic bags at its outlets has been reduced by 12
        63 words
    • Article, Illustration
      Lock icon Singapore, Denmark sign MOU to strengthen design collaboration
      309 9  -  JOYCE HOOI By SINGAPORE and Denmark signed a Memorandum of Understanding (MOU) yesterday that will further strengthen bilateral ties and bolster collaboration on design. The MOU established the Singapore-Denmark Design Cooperation Programme on Design to Improve Life, which focuses on designs that
      FILE PHOTO  -  309 words
    • Article, Illustration
      Lock icon SM Goh and MM Lee begin 4-day visit to Russia today
      185 9 SENIOR Minister Goh Chok Tong and Minister Mentor Lee Kuan Yew today begin a four-day visit to Moscow for meetings with Russian leaders and the country's top businessmen. In Moscow, Mr Goh will deliver the keynote address on "Doing
      185 words
    • Article
      Lock icon Ex-lawyer charged for blog comments
      250 9 AFP A CALIFORNIA-BASED blogger has been arrested and charged in Singapore over comments he made about a defamation case filed by the city-state's political leaders, his lawyer said yesterday. Gopalan Nair, a former Singapore lawyer who is now a US citizen, was arrested on Saturday
      AFP |  -  250 words
    • Article
      Lock icon SLA board gets new member
      203 9 LAW Minister X Shanmugam has appointed Ogilvy Mather Asia-Pacific co-chairman Tham Khai Meng to the board of the Singapore Land Authority (SLA). Mr Tham's two-year board term runs from June 1. He takes over from Hill Knowlton's South-east Asia chief executive Jimmy Tay, who retired
      203 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      159 9 For Lease Changi Approx. 11,000 sf Excellent corporate image Well landscaped entrance lobby reception Well fitted office space •5- 10 minutes drive to Expo MRT Convenient access to city airport Call: 9818 6260/9112 2063 Knight Frank Pte Ltd 16 Raffles Quay #30-00, Hong Leong Building, Singapore *****1 www.knightfrank.com.sg ZAP UJ
      159 words
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  • SMEspotlight
    • Article, Illustration
      Lock icon Connecting through sports
      1095 10 Food Empire operates in emerging markets where marketing is driven by the need to raise brand awareness, reports WEE JUN KAI THE importance of branding for a company to gain and protect its market share cannot be understated, especially in the fast moving consumer goods (FMCG) industry
      FOOD EMPIRE HOLDINGS  -  1,095 words
    • Article
      Lock icon Improve on transparency to get financing
      795 10 Key items bankers look for include cashflow, a strong business proposition, OH BOON PING reports CASHFLOW analysis and corporate transparency are among the key things that banks look at before giving credit to a Small and Medium Enterprise (SME). So small firms should improve
      795 words
    • Article, Illustration
      Lock icon Meeting safety rules with pro-business approach
      439 10  -  NISHA RAMCHANDANI PRO-ENTERPRISE CHANGES By WHEN safety regulations appeared to pose a potential problem for doing business, a pro-active approach made quite a difference. "We were in discussions to have the first flagship store for American clothing brand Gap opened at Wisma Atria," said
      FILE PHOTO  -  439 words
    • Article, Illustration
      Lock icon Need a helping hand to beef up security?
      692 12 IT MATTERS The newly-formed Cyber Security Awareness Alliance will start you out on the right path INFOCOMM security is both a business and technology issue. Many SMEs may not know where to start or what to do on boosting the security of
      NOELARIOLA ROSALES/THE STRAITS TIMES  -  692 words
    • Article
      Lock icon CSE Global leads with 13% gain in week
      455 12  -  I By TEH HOOI LING CSE Global, which reported a 40 per cent jump in first-quarter net earnings to $12.1 million, was the top performer in our portfolio in the past week. The engineering firm gained 13 per cent to $1.14. Its
      455 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      177 10 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, giving
      177 words
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  • SME BUSINESS TOOLS
    • Article, Illustration
      Lock icon Strategising with substance
      1267 11 Wan Chew Yoong, associate professor at NTU, shares with LIM WEN JUIN the 3 levels of strategy that make a business plan work SOMETIMES, the words that we least understand are those we use most often. Consider 'strategy', for instance. We all know it is an abstract
      FILE PHOTO  -  1,267 words
  • Page 11 Advertisements
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      131 11 1 D f\f*\ V*%f\ rQA /Anr4 Recognised around the globe, CPAs DGCOIII6 W LrM IAUSI.J have the credibility and versatility to I B work in any industry, in any position, Find out how. -iywn-.imii.woHd. 1 W&/& jHrV Students with an accredited degree from 14 June |24 June 2008 a university
      131 words
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      232 12 r\r\r\cxm 4 7AP SINGAPORE EMPLOYEE^WOI #^K^^ _H Flßfn BENEFITS conference I f CMMIf a Bid price starts from $225 Bidding ends 11.59pm, 8 June 2008 A O cameras I for grabs! The inaugural Singapore Employee Benefits Conference (SEBC) 2008 is the first conference in Singapore and the region to focus
      232 words
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  • EMERGING ENTERPRISE
    • Article, Illustration
      Lock icon Swinging forward after EE08 win
      761 13 OAAG plans to revamp its structure and extend its services for customers, reports CHARMIAN KOK ITH its mission to make the traditionally expensive sport of golf more accessible to everyone, you could say that golf company OAAG has been largely successful in fulfilling this goal.
      JOHN HENG  -  761 words
    • Article, Illustration
      Lock icon Build a model of success by following these steps
      781 13 A systematic framework leads to desired goals in various stages of growth IMAGINE a merchant in days gone by who was about to embark on a journey to a foreign land to trade. He would likely have noted down directions clearly,
      781 words
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      Lock icon Page 13 Advertisements Column 1
      753 13 Applying the model to the 3 phases of growth EEnSHEIEi Management The right team is like a strong pillar to your Business Identify your value proposition and core structure business. Give them the support and keep them modelling competency. we" motivated to continue doing the best for Understand the industry,
      753 words
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  • ECONOMY WATCH
    • Article
      Lock icon Opinions on US economy remain divided
      766 14 Reuters Slew of data due this week will likely add to debate on economy's direction [WASHINGTON] Legendary investor Warren Buffett thinks that the United States is in a recession that will be longer and deeper than most people expect. The White House counters that
      Reuters  -  766 words
    • Article, Illustration
      Lock icon European ministers worried inflation will hurt growth
      505 14 Bloomberg [FRANKFURT] European finance ministers, meeting in Frankfurt yesterday for the European Central Bank's 10th anniversary, signalled concern that surging prices will sap economic growth after inflation accelerated to the highest in 16 years. "Of course it is a matter of concern for
      Bloomberg; AFP  -  505 words
    • Article
      Lock icon Australia's inflation up 4.5% in May on rent, fuel costs
      321 14 Bloomberg [CANBERRA] An index measuring Australian inflation rose last month on surging rent and fuel costs, reinforcing expectations the central bank will keep borrowing costs at a 12-year high. Consumer prices surged 4.5 per cent from a year earlier, breaching
      Bloomberg  -  321 words
    • Article
      Lock icon Paulson committed to US$ as reserve currency
      436 14 Reuters Dollar weakness not major reason for oil price rise, he says [ABU DHABI] US Treasury Secretary Henry Paulson yesterday defended the US dollar's status as the world's reserve currency and said its recent decline was only a small factor behind a surge
      Reuters  -  436 words
    • Article
      Lock icon Inflation a huge threat to second Asian miracle
      656 14 Bloomberg Spiralling prices may lead to overheated economies and bust [SINGAPORE] Plummeting currencies did in the first Asian economic miracle. The second may fall victim to surging inflation. Central banks from Beijing to Bangkok are losing their bets that a global slowdown
      Bloomberg  -  656 words
    • Article
      Lock icon WTO's Lamy says trade deal doable in 2008
      284 14 Reuters [AREQUIPA, Peru] World Trade Organization (WTO) director-general Pascal Lamy said on Sunday developed and developing nations could still wrap up the Doha round of talks on a global trade deal this year. "I still believe it's doable this year," Mr Lamy
      Reuters  -  284 words
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  • SINGAPORE ARTS FESTIVAL
    • Article, Illustration
      Lock icon Juliet in retrospect
      921 15 Radio and Juliet is an eclectic blend of the classics with Radiohead's brand of alternative music, writes CHRISTOPHER LIM ECLECTICISM is increasingly common in the world of music and dance. But you might not think a traditional-ly-trained choreographer like Edward Clug who works extensively with classical music
      921 words
    • Article
      Lock icon BURSA MALAYSIA
      2260 15 VOL COOQ) )un 2 RM \&M Realty 0.58 \bricBhd 0.14 \dvance Synergy 0.12 Vjventa Bhd 1.20 \eMulti Hldgs 0.21 \ffin Holdings 2.05 Vimad Zaki Resou 0.84 SjcCorp 0.51 \irasia Bhd 1.02 \kn Technology 0.45 \lliance Financi 3.12 \luminium Co 1.03 \malgamated Ind 0.58 Vnmb Hldgs Bhd 3.90 \mtel
      2,260 words
  • Page 15 Advertisements
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      208 15 One Idea Can Change Your World I UrbflnfOrUlT) i tfJjniiHiflputside i^^Bjf of the box' W L%w I!m |J^. M YALE UNIVERSITY, USA V^ Dy LI 111 nOW educator and psychologist 23 JUNE 2008 24&25 JUNE 2008 LEADERSHIP CHALLENGE: CRITICAL THINKING: Why Emotional Intelligence Making the Right Moves Makes the Difference
      208 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Banks Niaga, Lippo to merge in 24.6t rupiah deal
      410 16 Bloomberg Khazanah Nasional's move will create bank with 600 branches [JAKARTA] PT Bank Niaga and PT Bank Lippo, two Indonesian banks indirectly controlled by Malaysia's sovereign wealth fund, will combine in a merger valued at 24.6 trillion rupiah (553.58 billion). Lippo
      Bloomberg; AFP  -  410 words
    • Article
      Lock icon Genting to pump US$150m into Indonesia gas block
      300 16 [KUALA LUMPUR] Genting Bhd, through its oil and gas unit, expects to spend at least US$l5O million for the first three years to develop its recently acquired Kasuri Block onshore West Papua, Indonesia, Malaysia's Business Times reported. Citing a spokesperson at Genting,
      300 words
    • Article
      Lock icon Mixed performance by Malaysian banks in Q1
      523 16 By PAULINE NG in Kuala Lumpur MALAYSIAN banks turned in a mixed performance for the first quarter, but there are indications that there will be reasonable growth this year. Despite lowering estimates for Malaysia's biggest banking group Maybank and Bumiputra Com-merce-Holdings (BCHB) both
      523 words
    • Article
      Lock icon Tong offers RM85m to buy out partner in Edge group
      433 16  -  S JAYASANKARAN By in Kuala Lumpur BUSINESSMAN Tong Kooi Ong wants to take 100 per cent ownership of the Edge media group by buying the 50 per cent interest of his former partner, tycoon Vincent Tan Chee Yioun. Net Edge
      433 words
    • Article, Illustration
      Lock icon Pump price hike in Aug; subsidy for poor stays
      462 16 -Reuters Johor ban on fuel sales to foreigners starts from next Monday: minister [KUALA LUMPUR] Malaysia will raise pump prices for petrol and diesel in August but subsidies will remain for the poor, a government minister said yesterday, in a move
      -Reuters; REUTERS  -  462 words
  • Page 16 Advertisements
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      974 16 AchievA GROUP OF COMPANIES ACHIEVA LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****7251M) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of Achieva Limited (the "Company") will be held at Raffles Town Club, Dunearn I Room, 1 Plymouth Avenue, Singapore *****3
      974 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Unicorn buys Netcom, sells CDMA network
      582 17 Reuters USsssb stock swap deal values Netcom at more than its double market price [HONG KONG] China unveiled two mega-deals yesterday as the government overhauls the world's largest telecoms industry, with mobile operator Unicorn taking over a fixed-line peer and unloading an underperforming network.
      Reuters; AP  -  582 words
    • Article
      Lock icon India can sustain high economic growth: PM
      487 17 Govt aims to contain inflation without hurting expansion [NEW DELHI] India will be able to sustain high economic growth despite challenges, Prime Minister Manmohan Singh said yesterday, and the government's aim was to contain inflationary expectations without hurting expansion. Mr Singh, who was
      Reuters  -  487 words
    • Article
      Lock icon World Bank carbon credits report revealing for India
      469 17  -  SIDDHARTH SRIVASTAVA By- in New Delhi A RECENT report by the World Bank (WB) on carbon credits (CC) under the Kyoto Protocol has been both a cause for cheer and concern for India. On the positive front, India has emerged as the
      469 words
    • Article
      Lock icon China stock correction offers good bargains
      771 17 Bloomberg 32% fall in CSI 300 Index makes valuations attractive [SHANGHAI] Chinese stocks have fallen so much this year that Aluminium Corp of China Ltd is offering investors twice the profit growth of Alcoa Inc at a lower price. The 32 per cent slump
      Bloomberg  -  771 words
    • Article
      Lock icon Bennett Coleman acquires Virgin Radio for £53.2m
      374 17 NYT [NEW DELHI] An Indian media conglomerate that owns The Times of India, the world's largest-circulation English newspaper, has agreed to buy Virgin Radio Holdings for £53.2 million (*****.3 million) in its first foreign acquisition. While the price tag for the deal, by
      NYT  -  374 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon US will remain open to SWFs, says Paulson
      547 18 Bloomberg He urges Gulf region's SWFs to adopt voluntary codes of conduct [ABU DHABI] US Treasury Secretary Henry Paulson assured investors in the oil-rich Gulf region yesterday that the United States will remain open to sovereign wealth funds (SWF). "As we seek
      Bloomberg; AFP  -  547 words
    • Article
      Lock icon Vietnam best emerging retail market: study
      501 18 Reuters It cites 8% GDP growth, absence of competition [NEW YORK] The most attractive region for retailers looking to open stores abroad is the Middle East and North Africa, according to a study released yesterday, but the single hottest market at the moment is
      – Reuters  -  501 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8299 18 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.931/ Star Europe Bond 1.166/ Star Europe Bal 1.155/ Star Asian Tiger Eqty 1.336/ Star Asia Bond 1.166/ Star Asia Balanced 0.966/ Star Global Technology Fund!** 0.201/ MultiStFd 0.815/ Star Asia Bond(USD) 0.855/ Gib Multi St USD 1.072/ Asia
      8,299 words
    • Article
      Lock icon Manufacturing shrank less than forecast in May
      459 19 Bloomberg, AP, Reuters LATEST US DATA Foreign demand for US-made products is helping to keep factories running [WASHINGTON] Manufacturing in the US contracted less than forecast in May, easing concern that the economic slump would fyThe Institute for Supply Management's factory index rose
      Bloomberg, AP, Reuters  -  459 words
    • Article
      Lock icon UK regulators raid Barclays, RBS offices
      305 19 Bloomberg [LONDON] Barclays pic and Royal Bank of Scotland Group pic were raided by the UK antitrust regulator as part of an investigation into the price of loans to professional services firms. The offices of the two banks were visited 12 days ago, Corinne
      Bloomberg  -  305 words
    • Article
      Lock icon Thai army chief rules out coup as shares slide
      393 19 Reuters [BANGKOK] Thai army chief Anupong Paochinda told his top commanders yesterday that the military would not intervene in a worsening political struggle, his spokeswoman said, as the stock market slid on speculation of another coup. General Anupong, who took the
      Reuters  -  393 words
    • Article, Illustration
      Lock icon Couture legend Yves Saint Laurent dies at 71
      323 19 -AFP [PARIS] French fashion legend Yves Saint Laurent, who changed the silhouette of 20th century woman with a daring new dress code, has died aged 71. The reclusive Saint Laurent died at his Paris home of a brain tumour late on Sunday
      -AFP; AFP  -  323 words
    • Article
      Lock icon Peasants at risk from land demand for biofuel crops
      368 19 Reuters But energy crops not the main cause of food crisis: FAO [ROME] The rise of bio fuels is not only adding to the global food price crisis but also poses a risk for peasants, pushed off their land to make
      Reuters  -  368 words
    • Article, Illustration
      Lock icon Corporate leaders work on national emissions policy, views differ
      679 19 AP [WASHINGTON] Some of the most powerful corporate leaders in America have been meeting regularly with leading environmental groups in a conference room in downtown Washington for more than two years to work on proposals for a national policy to limit
      AP; AFP  -  679 words
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  • SPOTLIGHT SINGAPORE
    • Article, Illustration
      Lock icon Building business with 'cultural diplomacy'
      1233 20 The arts can be a most useful ally in ferreting business opportunities and boosting connections abroad, The Arts House's GM Colin Goh tells CHEAH UI-HOON SINGAPOREAN businessmen aren't adventurous enough to seek business opportunities beyond Singapore's shores? The Arts House would like to prove sceptics
      1,233 words
  • Page 20 Advertisements
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      1228 20 5 Excelpoint™ EXCELPOINT TECHNOLOGY LTD (Company Registration No. *****3280 C) (Incorporated in the Republic of Singapore on 18 May 2001) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING ("EGM") of Excelpoint Technology Ltd (the "Company") will be convened on 25 June 2008, Wednesday at
      1,228 words
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      Lock icon Page 20 Advertisements Column 2
      4 20 AFTER. A BUSY DAS
      4 words
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  • AVIATION
    • Article
      Lock icon Indonesia won't open up freight services yet
      266 21  -  Xinhua Local players not ready for foreign competition: official [JAKARTA] Indonesia is in no rush to make good on its promise to open up to air freight services from other South-east Asian nations, an official has said. The ministry of transportation's director general
      266 words
    • Article
      Lock icon Virgin Blue slumps on loss forecast
      181 21 Bloomberg [SYDNEY] Virgin Blue Holdings Ltd, Australia's second-biggest airline, fell to a record low in Sydney trading after ÜBS AG forecast the carrier will have a loss in fiscal 2009 as jet fuel costs surge. ÜBS estimates a loss of As4o million (Sss2 million)
      Bloomberg  -  181 words
    • Article, Illustration
      Lock icon MAS moves to make bold cost cuts on fuel hikes
      505 21 Bernama It plans to freeze recruitment and axe unprofitable routes as oil prices soar [ISTANBUL] Malaysia Airlines (MAS) is taking tough cost-cutting measures, including freezing recruitment and reducing the budget of every division by 10 per cent due to the
      Bernama; AFP  -  505 words
    • Article
      Lock icon L&T to bid for Muscat airport job
      136 21 Reuters [MUMBAI] Larsen Toubro Ltd, India's top construction and engineering firm, plans to bid for building a new airport in Muscat, the Hindustan Times said yesterday, citing an unnamed company official. "The government of Oman is in the process of inviting bids. We
      – Reuters  -  136 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2448 21 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnan Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,448 words
  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      136 21 BT/ZUJI Deals of the Week I BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from HoChiMinh $543 $120 $225 Vietnam Airlines Garuda Indonesia DESTINATIONS BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER Bangkok $489 (Thai Airways) $135 (Thai Airways) $28 4^jjf Rain Hong Kong $2,860 (Cathay Pacific) $430 (Cathay Pacific)
      136 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      352 21 CRYPTIC CROSSWORD ACROSS 6 Openings for doctors to coy- BJ BJ BJ B^BJj BJ BJ BJ the contents (8) j^^^B |H| jHj jlj 9 Found time went quickly (6) io~^ 10 Performances at which clar- v^^Bk et is served (8) BJ BJ BJ HbV Bl |M| |Mj 11 Signify agreement,
      352 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Japan and China in scramble for Africa
      489 22 JAPAN and China are becoming locked in a battle for Africa competing to win hearts and minds through the hip pocket, as it were. To the extent that this serves to increase the total amount of aid to, trade with, and investment in
      489 words
    • Article, Illustration
      Lock icon Topsy-turvy world around the corner
      877 22  -  ROGER COHEN IHT A shift in economic power is underway as developing economies become dominant forces By FOR a while the world was flat. Now it's upside down. To understand it, invert your thinking. See the developed world as depending on the developing world, rather
      – IHT; AP  -  877 words
    • Article, Illustration
      Lock icon Republicans outraged by insider's book on Iraq war
      815 22  -  LEON HADAR THE BOTTOM LINE WATCHING the pro-Bush administration television talking heads bashing Scott McClellan, the former Bush White House press secretary, who has just published a book bashing his ex-boss, you would think that Mr McClellan has been brainwashed by a
      815 words
    • Article, Illustration
      Lock icon A 10-point plan for the food crisis
      971 23  -  ROBERT B ZOELLICK The nexus between high energy and food prices is unlikely to be broken and will be exacerbated by climate change By AS LEADERS gather in Rome to discuss the global food crisis, our task is clear, but not simple: to
      971 words
    • Article, Illustration
      Lock icon It takes a bubble to make us change
      891 23  -  MATTHEW LYNN ANYONE filling up the tank of their car right now will be cursing oil speculators. Likewise, anyone loading up a shopping cart with food for a family may feel angry with hedge fund managers pushing the cost of wheat, rice
      891 words
    • Article
      Lock icon Most listed companies take retail investors seriously
      316 23 LETTERS TO THE EDITOR I REFER to the article "Retail investors don't matter much to big firms" by Quak Hiang Whai (BT, May 29) which is unfair and incorrect. In the article, the writer suggests that listed companies' time is better spent on
      316 words
    • Article
      Lock icon Focus on the role of credit in gambling problems
      386 23 I REFER to the latest survey by the National Council on Problem Gambling which was highlighted by your newspaper (BT, May 29). A disturbing trend among debtors coming to Credit Counselling Singapore (CCS) over the last few years is the growing
      386 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Port Klang Authority to get new GM: report
      404 24 Board member of port regulator tipped to take over from June 6 [PORT KLANG] Lim Thean Shiang is tipped to become the new general manager of Port Klang Authority (PKA) replacing OC Phang, who has not been offered an extension to her
      BLOOMBERG  -  404 words
    • Article
      Lock icon Indonesia stalls on open air freight pact
      257 24 [JAKARTA] Indonesia is in no rush to make good on its promise to open up to air freight services from other South-east Asian nations, an official has said. The Ministry of Transportation's director-gener-al for air transportation, Budhi Mulyawan Suyitno, said the proposed open
      – Xinnuu  -  257 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        103 24 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KTVentures Keppel Corp MTQ Corp HOC Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.65 0.37 3.40 0.77 2.88 1.19 0.07
        103 words
      • Article
        Lock icon KLSE
        38 24 '000 nt'G Logistics MISC Bhcl MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.82 9.40 9.35 4.04 unch 0.21 unch -0.02 unch -0.15 -0.08 unch -0.03 unch 148 801 887 535 0 40 0
        38 words
      • Article
        Lock icon BANGKOK
        12 24 '00 'recious Ship Regional Cont 23.40 24.40 -0.90 0.10 1541 114)
        12 words
      • Article
        Lock icon HONGKONG
        11 24 '000 Doil >ingamas Cont 52.50 2.42 -0.10 -0.08 78; 143:
        11 words
      • Article
        Lock icon PHILIPPINES
        22 24 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.20 33.00 unch unch unch -0.50 unch unch 371 42< i i
        22 words
      • Article
        Lock icon TAIPEI
        17 24 :vergreen Marine ...27.25 :irst3teamship 67.90 A/an Hai Lines 27.20 fang Ming Marine...23.80 0.50 -5.10 0.10 0.55
        17 words
      • Article
        Lock icon TOKYO
        36 24 '000 :awasaki Hvy Ind ..330.00 4.00 2090: :awasaki Kisen ....1183.00 18.00 648( /litsubishi Hvy 546.00 14.00 4993! /litsui Eng&Sbldg...405.00 22.00 ***** /HtsuiOsk Lines .1633.00 42.00 ***** Jippon Express 538.00 8.00 538! lipponYusen 1091.00 19.00 796!
        36 words
    • Article, Illustration
      Lock icon Japanese shipping stocks lead surge as outlook brightens
      254 24 Bloomberg [TOKYO] Japan's commodi-ty-related stocks rose after cargo rates and metal prices rebounded, boosting the earnings outlook for shipping and trading companies. Mitsui OSK Lines Ltd, Japan's second-biggest shipping line, jumped 2.6 per cent to 1,633 yen, while trading company Sumitomo Corp
      Bloomberg  -  254 words
  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      304 24 CRITICAL BUNKER RECOVERY REVISION Further to our announcement regarding Critical Bunker Recovery of Feb 2008 the quantum of which was conditional upon bunker prices for IFO 180 (in Colombo) remaining within the range of USDSOI/MT to USD6OO/MT. The cost of IFO 180 has for some time now exceeded the USD6OO/MT
      304 words
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      Lock icon Page 24 Advertisements Column 2
      23 24 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES
      23 words
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      Lock icon Page 24 Advertisements Column 3
      114 24 fp<* -llftjlseslF 1 'J^M iff 3. 1 COMPANY ANALYSIS i£^H|^V J ,^^^H iJt.'t liRUWin -^H^H?!* UKT hUK JuA V^^^L^flvHr'^ '^^^^^■■W PEOPLE IHNhIJ|ML ffijj XWa^aJH market insights 1. 1 -1 1 H *****11 linn 11 BBk I V 1 4 V*■ V Hk 'Jflß I 1 1' 1" Hr V^BJ W&
      114 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      6047 25 Transaction date: Jun 2 52-wks Tel |h Low Code Last Sale Vol (*000) Hi, Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E M Cap $mil Col 22 6.5 iiJ! lf£Z ml 24? 71] IS A! ,5 2 Si S 1! Si i& 7 15
      6,047 words
    • Article
      Lock icon SGX XTRANET
      69 25 _Hm Low Code Comi Sale COOP) _Hm Low _Buj Seller C'vr P/E Smil 200 116 6065 Diamonds US200 250 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDRS US6200 US1000 US***** US***** 60 70 100 100
      69 words
    • Article
      Lock icon SGX CATALIST
      1934 25 52-Wk Tel |h Low Code Last Sale Vol C000] lay I Low By .ast Quote yer Seller Div Cvr Net P/E /ICap Smil Hii Comi >an' Hii 30 11.5 1181 s AAGrp 41.5 15 5000 sABRHIdgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38
      1,934 words
    • Article
      Lock icon CLOB INTERNATIONAL
      260 25 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
      260 words
  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      50 25 ROYAL OAK COLLECTION j^^^M^^^fes WHERE EXTREMES MEET |^S|P^5L"" Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED .^??%i!^^*-'^!^^^^^: fS /^1 V,. •"< o^_r ~^jf i? 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 -i&w»l^^fer-^ —**5»--"Jfe JT 1 '^'"'l'll'llllii I^S Internet: Http://www.audemarspiguet.com jiJV^"^ "ixat.,'^^ y<*'f V-"
      50 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      363 26 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mai 30 World Index Preliminary 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 Eun Prelim inan 1390.0 0.3 -9.9 0.1 -11.0 0.3 -6.1 Pacific
      363 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      133 26 As at 9am Jun2 Singapore dollars to one unit of foreign currency: Currencies Bid t Offer Aust dollar 1.2940 1.3090 Can dollar 1.3610 1.3770 Euro 2.1070 2.1310 NZ dollar 1.0580 1.0810 terlinc nd_ 2.6770 2.707C US dollar 1.3540 1.3700 Local dollars to 100 units of foreign
      133 words
    • Article
      Lock icon INTERBANK RATES
      157 26 Jun2 Bid »3 wiiei Overnight 1/4 1-month 11/16 2-months 1 3/16 3-months 1 1/4 Overnight mode: 1/4 US$ Offer 1/8 15/16 1 1/16 1 1/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.50 2.65 2.75 2.85 3.00 3.15 3.35
      157 words
    • Article
      Lock icon STOCK INDEX FUTURES
      24 26 Jun2 en Hie Sett STI SIMSCI Jun 390.2 395 390.1 Taiwan Jun 332.2 336.9 336.2 Source: MF Global (S) He. Ltd
      24 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 26 Jun2 SS Bid Offer 1-month 1.3609 1.3622 2-months 1.3594 1.3608 3-months 1.3580 1.3594 6-months 1.3538 1.3553 Source: OCBC
      21 words
    • Article
      Lock icon SICOM FUTURES
      283 26 Jun 2 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High I Low Close Sett Volume (tonnes) Open Interest Jul 08 Aug 08 Sep 08 Oct/Dec 08 Jan/Mar 09 Apr/Jun 09 415.00 411.50 409.00 406.50 407.50 409.25 RSS 3 (US cents/kg) Month HigJ jh Low Sett Volume
      283 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 26 Jun2 AS_ CS_ Rmb Euro HKS IndRsRii Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.946 6.599 0.613 7.426 40.188 88.689 1.000 9.732 3.068 1.215 63.852 41.409 1.298 7.274 0.992 28.750 30.979 0.485 0.952 Canada 1.057 6.976 0.648 7.851 42.485
      465 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 26 Jun2 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****V 04.09.08 1-Year BY*****N 04.05.09 0.87 1.02 0.88 0.88 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****A 4.000 15-Year NY*****X
      88 words
    • Article
      Lock icon PRECIOUS METALS
      139 26 Jun 2 GOLD (USS/oz) Jun 02 Ma} 30 Hong Kong London 884.60 877.50 885.60 878.50 May 29 May 30 883.00 887.80 884.00 888.80 Source: Reuters CAST BAR (S$) Jun 02 Buying Sellinc Kilobar "41,773.87" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      139 words
    • Article
      Lock icon CHICAGO BOT
      101 26 May 30 (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 59.70
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      74 26 CRUDE OIL PRODUCTS May 30 CRUDE (FOB origin) US$/barrel Close Chanc Brent blend (1-Mth F) 127.58 -1.91 WTI(NearMth) 127.42 0.82 Dubai (1-Mth F) 120.3 -3.09 Tapis blend 133.65 -3.15 Minas 129.2 -3.5 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 118.00 159.80 -1.77 -8.1 US$/barrel Opec Oil Basket Price
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      Lock icon SIBOR
      72 26 Jun2 6mths 1.***** 9mths 1.***** 12mths 1.***** SWAP Mid rates (Ss) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs 3.***** syrs 3.***** 7yrs 3.***** 10yrs 3.***** 12yrs 3.***** 15yrs 3.***** Source: Reuters (US$) (SS) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.*****
      72 words
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      Lock icon PALM OIL
      63 26 Jun2 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low JunO8 3510 Jul 08 3486 Aug 08 3498 Sep 08 3521 Total o/p: ***** contracts 3551 3550 3510 3508 3548 3486 3509 3548 3495 3511 3544 3495 Turnover: 7393
      63 words
    • Article
      Lock icon LONDON METALS
      67 26 Aluminium, 99.7% purity (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$/tonne) Cash *****.00 *****.00 3
      67 words
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      Lock icon LIFFE
      77 26 May 30 COCOA (Btonne) Close Prev Hit h/Low Jul 08 1472 1468 1480/1455 SepO8 1461 1458 1469/1446 Dec 08 1451 1446 1460/1438 Mar 09 1429 1427 1436/1417 COFFEE (US$/tonne) Close Pev High/Low May 08 2222 2222 Jul 08 2264 2246 2272/2233 SepO8 2258 2245 2269/2236 Nov08 2232 2233 2249/2229
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 26 Jun2\\ Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2969 1.2982 0.9515 0.9517 Canadian dollar 1.3710 1.3725 1.0058 1.0061 Euro 2.1166 2.1184 1.5529 1.5530 NZ dollar 1.0668 1.0684 0.7827 0.7832 terlinc nd 2.6753 2.6779 1.9628 1.9631 US
      157 words
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      Lock icon SGX DERIVATIVES TRADING
      368 26 Jun2 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO8 SepO8 DecO8 MarO9 97.315 97.210 96.960 96.750 0 8 0 ***** m 9976 EUROYEN FUTURES JunO8 99.150 99.150 SepO8 99.080 99.085 DecO8 98.965 98.990 MarO9 98.865 98.865 JunO9 98.735 98.760 SepO9 DecO9 Mar10 99.150 99.075A 98.955A 98.830
      368 words
    • Article
      Lock icon BONFD & WARRANTS
      1494 26 BONFD WARRANTS Fel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left 1481 #Asia Water Tech Ltd W*****0 18.5 -0.5 2 1 18 -1 2.00 30 5756 Asiatic Grp (H) Ltd W*****2 8.5 0.5 48 1 3 -4 1.41 27 1014 Capitaland BNP
      1,494 words
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      2570 27 The Business Times Shipping Times K^E ■AMiWi^llXU^llWjJ.^.lllUJ II WAN HAI INTERNATIONAL PTE LTD ■f^^T'T'Wi^H W^S^BsS^bMu^^ 1 WAN HAI INE^ Customer Sereiee/BoolMigs Drect liiie (1800)*****200 h^^^dAgl^aMgll gjllSKmgßiHjßßßßiglH llflll I ICtl blllhl# pra.TEL:(03)*****858FAX:(03)*****288PtNTEL:(04)*****00FAX:(04)*****99 V" JOH TEL: (07) *****23 FAX: (07)*****21 SUR TEL: (031) *****75 FAX: (031) *****14/ *****05 UK CONTINENT SERVICE U.S.A
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      4031 28 ijXfl AUSTRAL ASIA LINE "bsiu^/^^-id^J ||&iyi H R H H I &(*%li c Vjm jj^-Oi—J ASIA AUSTRALIA SERVICE Accepting Container/LCL/Breakbulk/Project «l^v^ LJ^| lE£E^^^^^Hl^^^H_[_^_^_Hli_^_^_U_^_^_H_i_l_^_^_E_!_^_^_K_:_^_B 111 WEEKLY EXPRESS SAILING SCHEDULE CAPE HOBART 83A8 26/06 W% H/07 WO7 2J/07 II BJl3sHinflniliHinii!JTTjW|Wn7!lslH^^ CAPE CONWAY 06A8 10/06 13/06 19/06 30/06 03/07 07/07 11/07 yj|y|||||jJi|j||||||J|||j|y|j^|y||^J|jyjjj|j|j|J|y|^| ■ygyjyj^jy^jjy|j^jyjjjjjj
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  • PROPERTY
    • Article, Illustration
      Lock icon Iran property boom likely to continue
      700 29 Reuters Iranians buy houses with easy loans, but some are still priced out of market [TEHERAN] Negar Ehteshami just paid the equivalent of US$6 million in rials in cash for a luxurious apartment. But it is not in New York or London. It is
      Reuters; AFP  -  700 words
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      Lock icon New projects boost HK's May home sales
      255 29 Bloomberg- [HONG KONG] Hong Kong's existing apartment sales rose last month from a month earlier as homebuyers' confidence was boosted by sales in new projects during the month. Transactions for 10 of Hong Kong's biggest private-housing projects rose to 596 last month from
      Bloomberg-  -  255 words
    • Article, Illustration
      Lock icon Old Dubai clings to its fading heritage as new city rises
      577 30 -Reuters [DUBAI] Khadija Ahmad and her family are the only residents left in Dubai's old Bastakiya quarter, her house little changed since she arrived as a new bride more than 70 years ago. Nestled among mushrooming skyscrapers and multi-lane
      -Reuters; REUTERS  -  577 words
    • Article
      Lock icon Indian firm to invest in Johor cybercity
      486 30 Sunil Mantri pumps USsloom into Bandar MSC Cyberport in Kulai [KUALA LUMPUR] India's Mumbai-based Sunil Mantri Realty Ltd (Sunil Mantri) plans to pump in some US$lOO million to participate in the development of Bandar MSC Cyberport in Kulai, the first Multimedia Super Corridor
      486 words
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      802 29 kkj.i*ic nALATSiHn kruklki t SALE BY TENDER ,>^, f\ 'f*SJk^:>- i --'DOT A >V 5~: -VILLA GRANDE N,. I /BUKIT Vfe>2 y KENNY \i V^>^ >^- CENTURY S CONDO TAMAN DUTA Jalan /itlahamcru Jalan _^ss>*^--—-"" U /Duta KENNY Kp^ v:." ..A/ ALE /y^ "~"~m* THE SUBJECT SI ™^~~»7 IW^~~ PROPERTY
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      76 29 Land 22,000 sq ft, Build Up 10,000 sq ft Brand New, Just TOP Wine Cellar, Steam Room, Lift Garage can park 7 cars Best of the Best Quality Beautiful Landscape Huge Dream Kitchen $29.5 M Neg Land 16,000 sq ft, Build Up approx 7,000 sq ft Elevated Land, Wide Frontage
      76 words
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      34 30 outperform Daiwa Securities. |l oIVI DU »^j>>_. JSBfF Published and printed by Singapore Press Holdings Limited. Co. Regn. No. *****2868 E. A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs@sph.com.sg, Fax 6746-1925.
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      84 30 ZAP HERE for the latest property updates! To Zap*: 1. Install the Color Cam™ software in your mobile phone by a. typing the word "Zap" sms ***** b. typing "zapcocksg" in the web browser of your handset 2. Trigger the Color Cam™ software (located either in "Games" or "Applications" folder
      84 words