The Business Times, 27 June 2008

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Microfilm: NL29386
Total Pages: 30
1 30 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 •V A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Friday, June 27,2008
    25 words
  • Article
    Lock icon SingTel breaks new ground with CEO plan
    594 1  -  SIOW LI SEN It is also to reduce to 10% the shares it can issue under a general mandate By: [SINGAPORE] Singapore Telecommunications (SingTel) has proposed that its group chief executive, as a director, be subject to the same provisions as the rest
    594 words
  • Article
    Lock icon Flight to quality may cool office rents in places
    926 1  -  KALPANA RASHIWALA Spiralling rentals almost ground to a halt in Q2 with more cautious economic climate By. [SINGAPORE] For office tenants in Singapore wearied by steep rental hikes in the past couple of years, some relief is at hand. The sharp
    926 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONGKONG 5.25 INDONESIA 15.317 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.91 INDIA 12.25 Source: B
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      44 1 lursi lay lange 1COMP 1,203.89 -5.22 IIKKEI225 13,822.32 -7.60 1ANG SENG 22,455.67 -179.49 ;et index 774.39 -4.03 JAKARTA COM P 2,350.89 +9.53 IANILACOMP 2,521.61 +10.81 ;eoulcomp 1,717.66 -0.13 ;henzhenb 493.82 -1.96 IUMBAI IND 14,421.82 +201.75 12N00NEDT Cham )OW 11,602.09 -209.74 IASDAQ 2,345.29 -55.97
      44 words
    • Article
      Lock icon FOREX
      40 1 IS$ (S$ per US$) 1.361 (US$/S$ per 1.974 2.69I :URO (US$/S$/E) 1.565 2.13: 'EN 108.10 79.1 3.257 2.38. IK$ 7.806 5.713 !AHT 33.58 24.57 lUPIAH 9,230 6,755 lENMINBI 6.863 5.023 INDIAN RUPEE 42.69 31.2. 1.044 0.76. IZ$ 1.323 0.961
      40 words
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      140 1 8 *****1 *****4 V j v I _____■> >__ JHH M L WATCHMAKERS WANTED j OMEGA is looking for very special watchmakers. Your profile? You've completed your training as a watchmaker and have worked in the industry for several years. fj& You enjoy being part of a talented team and
      140 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      121 1 ECONOMY ASIA SOCIETY AWARD W INTEREST RATES BE INSPIRED I May factory output US still attractive for J Markets unfazed Zap for daily inspiration, plummets 12.8% investment: Ho Ching jk by hawkish Fed hint WinapairofZegna PAGE 2 PAGE 3 jfsLv PAGE 2 Sunglasses! PAGE 3 I—■ Smart money Ik i
      121 words
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  • TOP STORIES
    • Article
      Lock icon Q1 growth matches estimate, but job market soft
      527 2 LATEST US DATA 1% annual pace a touch stronger than 0.9% forecast [WASHINGTON] The US economy grew slightly faster than initially thought in the first quarter, while the job market remained sluggish last week, according to US data released yesterday. Gross domestic
      Reuters, AP  -  527 words
    • Article, Illustration
      Lock icon May factory output plummets 12.8%
      517 2  -  CONRAD TAN Pharmaceuticals sector the main drag, falling 58.2% from a year earlier By [SINGAPORE] Manufacturing output plunged 12.8 per cent in May from a year earlier far worse than economists had expected as industrial production was hurt by a sharp decline in the pharmaceuticals
      BLOOMBERG  -  517 words
    • Article
      Lock icon Markets unfazed by Fed's hawkish rate hike hint
      563 2  -  ANDREW MARKS Ma... VaJ, Sentiment follows Fed decision to hold rates unchanged By in New YorK USUALLY the voting members of the Federal Open Market Committee appear guided by the adage speak softly and carry a big stick, when it comes to
      563 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon PUB plans to award tenders worth $1.1 billion
        52 2 SINGAPORE'S national water agency PUB plans to award about 120 tenders worth $1.1 billion from July this year to June 2009. Major projects include the Marina Reservoir Recirculation Scheme, ABC Waters Programme, Lower Seletar Waterworks and two membrane bioreactor plants. TOP STORIES,
        52 words
      • Article
        Lock icon UOB buying 15.38% of China's Evergrowing Bank
        75 2 AFTER more than a year of talks, United Overseas Bank is finally buying a stake in Chinese lender Evergrowing Bank for 780 million yuan (Ssls6 million). UOB said yesterday that it has agreed to subscribe for 15.38 per cent or 260 million shares
        75 words
      • Article
        Lock icon Jade's first coal shipment delayed to Dec
        47 2 JADE Technologies yesterday said tight labour supply and heavy equipment shortages will delay the first shipment of coal from a mine in Indonesia till year-end. The company had previously scheduled coal production to begin in September. COMPANY NEWS, PAGE 6
        47 words
      • Article
        Lock icon Keppel shares fall sharply after order is cancelled
        48 2 KEPPEL Corp shares fell as low as $10.84 yesterday as news broke that a payment dispute with Fred Olsen Energy unit Blackford Dolphin had caused an order cancellation at its Keppel Verolme yard in The Netherlands. COMPANY NEWS, PAGE 6
        48 words
      • Article
        Lock icon Rochor Rd hotel makes way for Downtown Line
        73 2 CONSTRUCTION on the Downtown Line (Stage 1) has begun. And the first casualty will be the New Seventh Storey Hotel in Rochor Road. The government intends to acquire the 38-room hotel to make way for the construction of the new underground station
        73 words
      • Article
        Lock icon Some big US banks to push for simpler Basel rules
        94 2 SOME big US banks that once demanded flexible international capital standards have been chastened by the sub-prime credit crisis and now hope to qualify for a simpler and cheaper capital adequacy plan designed for small American banks. The Federal Reserve
        94 words
      • Article
        Lock icon M'sia raises five-year plan spending by RM30b
        73 2 MALAYSIA will increase its development expenditure for its current five-year national master plan by another 15 per cent or RM3O billion (5512.6 billion) to meet additional spending needs. The Ninth Malaysia Plan (2006-2010) had already set a record allocation, but the revised amount
        73 words
      • Article
        Lock icon Qtel may spend 9.7t rupiah to raise Indosat stake
        68 2 QATAR Telecom, the Persian Gulf emirate's phone monopoly, may spend 9.7 trillion rupiah (Ssl.s billion) to increase its stake in PT Indosat to as high as 65 per cent as part of a mandatory offer for the company. The Qatari carrier's
        68 words
      • Article
        Lock icon HK's commo exchange plan greeted with caution in Asia
        92 2 HONG Kong's plan to launch a commodities exchange next year drew a mild buzz in Asia, but it was given long odds by an industry jaded by a decade of failed efforts to establish a local, liquid Asian energy contract. The
        92 words
    • Article, Illustration
      Lock icon US still attractive for investment: Ho Ching
      651 3  -  SIOW LI SEN Exec director recalls Temasek's origins at US awards dinner By [SINGAPORE] The United States remains an attractive investment destination for Temasek Holdings despite its recent financial sector crisis, Temasek executive director Ho Ching said. "While Asia remains the mainstay of
      651 words
    • Article
      Lock icon PUB plans to award tenders worth $1.1b
      429 3  -  EMILYN YAP Projects include Marina scheme, Seletar waterworks, two membrane bioreactor plants By [SINGAPORE] Singapore's national water agency PUB plans to award about 120 tenders worth $1.1 billion from July this year to June 2009. Major projects include the Marina Reservoir Recirculation Scheme
      429 words
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      42 2 v -r^T*^ fl|B j^Bß^ffip c i MKr*"''**^^M IB "'l;iB 111 I HaPw H; Ix'i-i -"If "i:"--!-; ■'•%i^B ll'll 111 II I V^*m{ 1111 l I Hill I -^Jr? i I hi Bill I■ ■*>' if P9 11 -.^pi I ill i -ji, -A.
      42 words
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      Lock icon Page 2 Advertisements Column 2
      61 2 Live the Ultimate. Own ths world's Ultimate Home Entertainment Lifestyle Technologies 11 1 |_]L_J >J yjJt32ti6i custom-engineered to the aspirations J-? «l wftfjll'l of your ultimate lifestyle. -"w«B Live the Ultimate." Ong Radio International Ong AY Specialists 176 Orchard Rd No 1 Coleman St i^llu^^l The Centerpoint, #03-41 The Adelphi,
      61 words
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  • Page 3 Advertisements
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      131 3 ZAP 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: 1) Download Color Cam™
      131 words
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      Lock icon Page 3 Advertisements Column 2
      67 3 5 z I I m O r^! HARRY WINSTON Wk X HARRY WINSTON TSHT SINGAPORE HONG KONG \)ad\ TAKASHIMAYA S.C. TEL: 65-6734 2420 KOWLOON TEL: 852-2369 9122 M TANG PLAZA TEL: 65-6235 7198 J™l RAFFLES HOTEL ARCADE TEL: 65-6334 3241 JAPAN TTHF Hill [R 111 A^^ MALAYSIA GINZA TEL: 81-3-5537
      67 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Wednesday's respite is short-lived
      593 4  -  R SIVANITHY STOCKS Wall Street jitters re-emerge as Dow futures slide; ST Index reverses morning gains EDNESDAY'S window of opportunity slammed shut yesterday as stock prices skidded lower in line with falls throughout the region. The window remained open long enough to send the Straits Times
      : Bloomberg  -  593 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      100 4 Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 12 2 0 0 0 3 12 2 Manufacturing 29 83 63 13 38 92 76 Commerce 19 25 20 22 33 25 Tpt/Stor/Comms 10 15 13 11 18 13 Finance 10 13 11 13
      100 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 4 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 33,124 33,124 191,577 191,577 lanufacturing 225,254 59,404 284,658 208,068 5,386 213,455 lommerce 54,128 52,749 106,877 85,316 18,706 104,022 'pt/Stor/Comms 90,057 6,613 96,670 249,661 2,711 252,372 :i nance 32,168 395 32,563 302,933 95 303,028 lonstruction 17,040 19,130 36,170 4,301 1,722
      121 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      103 4 lapitaLand 5.690 -0.030 lapitaMall 2.950 -0.020 jtyDev 11.200 +0.360 losco Corp 3.300 +0.030 IBS Grp 19.000 -0.060 :&N 4.590 +0.060 Sent Intl 0.590 +0.005 IK Land 4.160 +0.040 ISH 16.160 lardineC&C 16.820 -0.080 Ceppel Corp 10.880 -0.220 Ceppel Land 5.200 +0.040 IOL 3.220 +0.040 loble Grp
      103 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      892 4  -  LYNETTE KHOO Capita Land June 26 close: 555.69 BNP Paribas, June 26 CAPITALAND has acquired 61.9 per cent of the total retail strata area or 510,418 square feet and the car parks of Sungei Wang Plaza in Kuala Lumpur. At a purchase price of RM595 million (Ss2so million),
      Bloomberg  -  892 words
    • Article, Illustration
      Lock icon Post-Fed US$ stable; euro hits new high
      422 4 AFP CURRENCIES [TOKYO] The dollar was range-bound in Asian trade yesterday after the Federal Reserve held interest rates steady and gave no sign it is preparing to raise them in the immediate future, dealers said. The euro struck a record high against the
      AFP; MM. I BLOOMBERG  -  422 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      55 4 Jun 26 VALUE CLOSE -603.00+91.00 BT OB/OS BT CADI -*****.00-125.00 BT 10-day MA -*****.00 -61.00 FTSE ST Mid Cap 735.36 +1.04 FTSE ST Small Cap 625.88 -5.05 FTSE ST All Share 755.82 -1.50 FTSE ST China 433.07 -3.85 UOB Catalist 143.03 -1.75 SIMSCI 366.17 -0.94 SIMSCI Futures
      55 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      61 4 VOLUME Ocean us 46,646,000 Golden Agri 44,013,000 China Honqxinq 33,410,000 ChinaNTown 30,491,000 Li Henq 26,991,000 Jade Tech 25,611,000 Sing Tel 24,709,000 Vashion 23,415,000 Yanqzijianq 19,953,000 Noble Grp 19,391,000 VALUE(S) Keppel Corp 133,807,064 UOB 94,812,940 Sing Tel 92,250,430 DBS Grp 70,898,120 OCBC Bk 68,120,250 Capita Land 60,959,530 SGX
      61 words
    • Article
      Lock icon RISES
      106 4 CLOSE UP Venture Con 1020 48.0 4.9 Cifr 1120 36.0 3.3 StraitsAsia 350 15.0 4.5 Total Access 156 12.3 6.1 Haw Par Con 658 12.0 1.9 OCBC Bk4.5%NCPS 100 ***** 10.0 0.1 ISMSCI India 100 612 9.6 1.2 UOBMBLJCW*****0 573 9.0 1.6 SIA 200 1498 8.0 0.5 Win. Tai
      106 words
    • Article
      Lock icon FALLS
      122 4 BY CENTS CLOSE DOWN SGX DB eCW*****9 36 -57.0 -61.3 Daiwa FT Shariah Ja 963 -36.9 -2.7 Great Eastern 1706 -24.0 -1.4 Kei SGAeCW*****8 8 -22.5 -73.8 Kei Con 1088 -22.0 -2.0 China H 10US$ 1554 -21.9 -1.0 DBS MBLiCW/*****0 532 -14.0 -2.6 Kei MBLJCW*****0 304 -13.0 -4.1 Dain
      122 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      86 4 lun 26 CLOSE CHNG FR Jun 25 YR2008 S$ LOW S$ HIGH USS 1.3652 0.17 1.4542 1.3457 Euro 2.1391 -0.43 2.2064 2.0474 Pounds 2.6993 -0.10 2.8431 2.6568 AS 1.3100 -0.23 1.3235 1.2349 Yen* 1.2659 0.06 1.4484 1.2619 Rill liah* 0.***** -0.37 0.***** 0.***** Baht* 4.0679 0.05
      86 words
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  • COMPANY NEWS
    • Article
      Lock icon UOB buying 15.38% of Evergrowing Bank
      390 5  -  CHOW PENN NEE $156 m stake gives it active participation in Chinese market's growth By AFTER more than a year of talks, United Overseas Bank is finally buying a stake in Chinese lender Evergrowing Bank for 780 million yuan (Ssls6 million). UOB said yesterday
      390 words
    • Article
      Lock icon DBS names head of Taiwan unit Bowa
      398 5  -  CONRAD TAN By' DBS Group Holdings has completed its integration of Taiwan's Bowa Commercial Bank and selected a new head for the bank, it said yesterday. DBS said it had hired Jerry Chen, a former senior adviser and board member of another Taiwan
      398 words
    • Article
      Lock icon Keppel shares hit by row over Norwegian deal
      502 6  -  VINCENT WEE Disputed sum is 65m euros; Keppel says it has strong case By KEPPEL Corp shares fell by up to 26 cents yesterday to a low of $10.84 as news broke that it was in dispute with Fred Olsen Energy's unit,
      502 words
    • Article
      Lock icon Jade coal shipment now in Dec
      405 6  -  CHEWXIANG Delay due to tight labour supply and shortage of heavy equipment: company By< JADE Technologies yesterday said tight labour supply and heavy equipment shortages will delay the first shipment of coal from a mine in Indonesia till year-end. The company had previously scheduled
      405 words
    • Article
      Lock icon Doubts raised over Dayen's foray into energy sector
      658 6  -  JAMIE LEE DAYEN Environmental's announcement of a troubled coal mining deal this week has raised doubts over its diversification into the Indonesian energy sector. The water treatment firm said that it was informed by PT ATPK Resources TBk, the parent of PT
      658 words
    • Article, Illustration
      Lock icon Ho Bee's robust sales prompt more launches
      297 6  -  KALPANA RASHIWALA By SOME developers are riding on the pick-up in home-buy-ing mood created by Ho Bee's Dakota Residences preview last week to launch their own projects. Mainboard-listed Sim Lian Group, for one, has sold about 100 units of its Clover By The
      297 words
    • Article
      Lock icon Penguin unit bags US$200m logistics contract in Dubai
      412 7  -  VINCENT WEE Work to support The World islands project By PENGUIN International is literally and figuratively taking on the world right in Dubai where its wholly owned unit Penguin Marine Offshore Services (PMOS) has won a contract for logistics management to support
      412 words
    • Article
      Lock icon Frasers Commercial Trust gets listing nod
      343 7  -  NISHA RAMCHANDANI NEW LISTINGS SGX has issued an eligibility-to-list for the admission of units in FCOT to the main board By THE way has been paved for Fraser and Neave (F&N) to list Frasers Commercial Trust (FCOT), a real estate investment trust (Reit). F&N
      343 words
    • Article
      Lock icon Healthway Medical to raise $32.3m in IPO
      384 7  -  JAMIE LEE By HEALTHWAY Medical Corporation launched its IPO on Catalist yesterday after two failed reverse takeovers (RTO) to fund its expansion into the Singapore and China healthcare market. Healthway which operates clinics such as Silver Cross and Aaron Dental Group expects to
      384 words
    • Article
      Lock icon Heng Long offers 68m shares at 34unknown apiece
      374 7  -  JOYCE HOOI By CROCODILE skin tannery Heng Long International yesterday launched an initial public offer of 68 million new shares at 34 cents each for a listing on the main board of the Singapore Exchange. Heng Long is one of the world's
      374 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      456 5 1 HOUSING 4 f DEVELOPMENT J BOARD LAND FOR SALE X PUBLIC HOUSING DEVELOPMENT UNDER THE DESIGN, BUILD SELL SCHEME 1 1 "-Q-* L v- S LOfIONG 1 Tn SECONDARY SCHOOL _AW BrttDDELL STATION ft. 1 ncLIU "m**** W \m/ POLICE SECUFBTY >^^^ COMMAND ~""^—■^■■■^-fcFlf fl^mm^. Ar^. SEUTKK DM 'I
      456 words
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  • Page 7 Advertisements
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      117 7 j^Bf ~y~£ "^3s *s!fek v*1 !sff" aj I p^pfll H j*""*'«fr "j.^^' a '^^iilfik^^■BKt i^^jjgJßc^^^^B^^P^^CTJM^tft^BPPjnft j^^?t?fTTLj i^ff^^^B F~j* 'l j iT^~'" 'i~~v'' t^^^ i y^f^V^ HEI PJ^^l P^P^^ I I P^P^P^P^^^^. ~'~*]^%&f '^3^^P t^^ A Tf^P^Pßßf^^PßtV' l^ltC^Pjl^P'^^Tfc^jßMLL''** f^^^fctfJjn'D V^jJ J l^^a^aHoßall^BßfiSi?^^^mßfiß*^P^H jT 'IJ^.1: f'■ -iSH^^jlvM^H^kl-' i -y^"-- 'L' I^^t^UT^y II^bBF
      117 words
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      9 7 WE ARE SEEKING AN ASSOCIATE www.oasisroi.com OASISASIA International Ltd.
      9 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Rochor Rd hotel makes way for Downtown Line
      376 8  -  ARTHUR SIM Acquisition to accommodate station structures, the authorities say By/ CONSTRUCTION on the Downtown Line (Stage 1) has begun. And the first casualty will be the New Seventh Storey Hotel in Rochor Road. A joint statement from the Land Transport Authority,
      FILE PHOTO  -  376 words
    • Article
      Lock icon 6th Design, Build and Sell site up for sale in Toa Payoh
      429 8  -  ARTHUR SIM 30% of units built must be equivalent to 4-room or smaller HDB flats By THE Housing and Development Board (HDB) is selling a site on Lorong 1A Toa Payoh by tender under the Design, Build and
      429 words
    • Article
      Lock icon For sale: 8 infill sites for housing use
      234 8 THE Singapore Land Authority (SLA) said yesterday that it would sell eight infill sites for residential use. The sites will be offered at a public auction on Aug 21 at M Hotel in Anson Road. They will be sold with fresh 99-year
      234 words
    • Article
      Lock icon PUB in tie-ups with India, Japan partners
      312 8  -  EMILYN YAP WATER WEEK Sembcorp signs accord with Qinzhou municipal govt By THE deals keep rolling in at the Singapore International Water Week, as more tie-ups involving PUB, Sembcorp and other international organisations were unveiled yesterday. Singapore's national water agency PUB signed two
      312 words
    • Article
      Lock icon Marmon Water building $24m plant here
      278 8  -  CHEW XIANG By MARMON Water, a unit of US-based Marmon Group, is building a Ss24 million plant in Singapore to manufacture water filter components for the North American market. Angelo Pantaleo, president of the company's Drinking Water Group, said the 3,500-square-metre plant in Serangoon
      278 words
    • Article
      Lock icon A common vision to make cities sustainable
      191 8 PARTICIPANTS in the Water Leaders Summit held here share a common vision to make cities sustainable, vibrant and liveable. Ambassador-at-Large Tommy Koh said yesterday. He was summarising issues discussed at the summit, held as part of this week's Singapore International Water Week. Even
      191 words
    • Article, Illustration
      Lock icon Default CPF plan sets appropriate standard: Chee Hean
      334 8  -  JAMIE LEE By THE Singapore government designed a standard plan for the CPF Life Scheme which, by default, is seen as appropriate for most Singaporeans a situation which could be explained by behavioural economics, said Minister in charge of the civil service
      334 words
    • Article
      Lock icon Execs here not impressed with their leaders: survey
      343 8 SINGAPORE executives do not think very highly of the quality of business leadership here, nor do they see good opportunities or efforts to groom leaders. About 28 per cent of 330 Singapore executives in a poll rated their leaders "very good" or
      343 words
    • Article
      Lock icon S'pore consumers far more optimistic than rest of region
      273 8 DESPITE a plunge in consumer confidence across the Asia-Pacific, Singapore remains much more optimistic than its counterparts, according to the MasterCard Worldwide Index of Consumer Confidence. The twice-yearly study looks at perceptions about employment, the economy, regular income, the stock market
      273 words
    • Article
      Lock icon Public feedback sought on tax changes
      173 8 THE public will be consulted over proposed amendments to the Income Tax Act, the Ministry of Finance (MOF) said yesterday. Proposals in the Draft Income Tax (Amendment) Bill 2008 include incentives to encourage private sector R&D, tax deductability on fixtures and fittings and greater
      173 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Nobel winner Leonid Hurwicz dies at 90
      356 9 -AP [MINNEAPOLIS] Leonid Hurwicz, the oldest Nobel Prize recipient who shared the award in economics last year for developing a theory that helps explain how buyers and sellers can maximise their gains, has died at age 90, a spokesman said on Wednesday. Professor
      -AP; AP  -  356 words
    • Article
      Lock icon Vietnam's June trade deficit slows
      276 9 Bloomberg [HANOI] Vietnam's trade deficit expanded at a slower rate through June than through May, the government estimated, which may ease concern that the widening of the gap is threatening the stability of the country's economy. In another worrying sign for the economy, Vietnam's consumer
      – Bloomberg  -  276 words
    • Article
      Lock icon Some big US banks to push for simpler Basel rules
      543 9 Reuters FDIC feels that advanced approach would let banks lower their capital [WASHINGTON] Some big US banks that once demanded flexible international capital standards have been chastened by the sub-prime credit crisis and now hope to qualify for a simpler
      Reuters  -  543 words
  • Page 9 Advertisements
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      17 9 Lianhe Zaobao I I actively I developing I I traditional I Chinese I I herbal drinks I
      17 words
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      155 9 _^^^B -<^^ i T 'if' IT i 1 :s£iooßß*^^^^ 1 Go LONG or SHORT Hi 1 H jf ■1 Li n DMG Partners ■^^^^^^^^1 SECURITIES DMG'S CONTRACTS FOR DIFFERENCE BULL OR BEAR MARKET... YOUR CALL! DMG's CFD offers an alternative to traditional share trading. now at Traders who are bullish
      155 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon M'sia raises five-year plan spending by RM30b
      668 10  -  PAULINE NG Additional 15% allocation driven by global food, fuel crises By in Kuala Lumpur MALAYSIA will increase its development expenditure for its current five-year national master plan by another 15 per cent or RM3O billion (5512.6 billion) to meet additional spending needs
      REUTERS  -  668 words
    • Article
      Lock icon Bumiputras' share of corp equity growing
      433 10  -  S JAYASANKARAN By in Kuala Lumpur THE share of Malaysian corporate equity owned by bumiputras largely ethnic Malays rose to 19.4 per cent in 2006 from 18.9 per cent in 2004, according to data released yesterday by the Economic Planning Unit (EPU). Corporate equity
      433 words
    • Article
      Lock icon BURSA MALAYSIA
      2223 10 lun 26 RM ('000] A&M Realty 0.53 \bric Bhd 0.15 Advance Synergy 0.10 Adventa Bhd 1.15 Ae Multi Hldgs 0.24 Win Holdings 1.89 Ahmad Zaki Resou 0.76 AicCorp 0.53 \irasia Bhd 0.85 Akn Technology 0.43 Alliance Financi 2.85 Aluminium Co 1.03 Amalgamated Ind 0.46 \mmb Hldgs Bhd 3.26
      2,223 words
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      306 10 tit IHE PRIME SOCIETY $1 MtK r RESTAURANT AND BAR DEDICATED TO THE UPPER CUT YfTH Exclusive Vintner Dinner 2nd-4th July 2008 Guest Chef Jason Dell Presents AnffliiSG Chilled Blackcurrant Watermelon Gazpacho Shot, Salad of Duck, Celery, Walnut Apple w Quartz Reef Sparkling 2002, Central Otago, New Zealand Citrus Dusted
      306 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Tenaga can build Bakun undersea cables
      471 11 Bernama [KUALA LUMPUR] Tenaga Nasional Bhd (TNB) can take up the role of laying the cables from the Bakun hydroelectric power project in Sarawak to Peninsular Malaysia if it wants to, Second Finance Minister Nor Mohamed Yakcop said yesterday. "TNB can request to manage
      – Bernama  -  471 words
    • Article, Illustration
      Lock icon KL plan to deport illegals worries Jakarta
      330 11 AFP [KUALA LUMPUR] Indonesia is concerned about Malaysia's plan to carry out a mass deportation of illegal immigrants from Borneo island, a senior official said yesterday. Malaysian Deputy Prime Minister Najib Razak on Wednesday announced a plan to clear out illegal immigrants, mainly
      AFP  -  330 words
    • Article
      Lock icon Qtel may spend 9.7t rupiah to up Indosat stake
      381 11 Bloomberg Mandatory offer is 19% premium over Indosat's closing price on Wednesday [JAKARTA] Qatar Telecom, the Persian Gulf emirate's phone monopoly, may spend 9.7 trillion rupiah (Ssl.s billion) to increase its stake in PT Indosat to as high as 65 per
      Bloomberg  -  381 words
    • Article
      Lock icon BI expects inflation to 'peak' in June
      175 11 Bloomberg [JAKARTA] Indonesia's central bank said that it will "respond" to accelerating inflation as it "peaks" in June following the government's move to raise fuel prices the previous month. "Inflation has become a concern for central banks around the world," Deputy Governor Hartadi
      Bloomberg  -  175 words
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      1087 11 SOCIETE GENERALE BANK TRUST A public limited company (societe anonyme) ASSETS 2007 2006 2007 2006 To the Board of Directors of Societe Generate Bank Trust S.A. Luxembourg Cash, due from central banks and post office accounts 434,420,731 286,861,377 Interest and similar income 2,460,712,300 1,778,360,597 Treasury bills 1049 1011 of which:
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  • GREATER CHINA
    • Article
      Lock icon HK's commo exchange plan greeted with caution in Asia
      545 12 Reuters Traders cite other failed attempts in region, while Wall St banks support idea [SINGAPORE] Hong Kong's plan to launch a commodities exchange next year drew a mild buzz in Asia, but it was given long odds by an industry jaded
      Reuters  -  545 words
    • Article
      Lock icon Yao Ming's bed among millions of Olympics memorabilia up for auction
      208 12 -AFP [BEIJING] The bed used by China's giant basketball star Yao Ming at the Olympics will be among millions of items of memorabilia auctioned off after the Beijing Games, state press said yesterday. The bed will be the one
      -AFP  -  208 words
    • Article, Illustration
      Lock icon Door to China's telecoms industry not fully open yet
      405 12 Reuters [HONG KONG/SHANGHAI] China's reorganisation of its telecoms industry opens the door for foreign companies to the world's largest telecoms market, but government inertia and protectionism could keep the floodgates shut for now. The world's biggest industrial overhaul has removed some
      Reuters; BLOOMBERG  -  405 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8496 12 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 2.136/ AIGIF Spore Bond Fund/ A 1.322/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.97/ APS Alpha Fund (USD) 0.71/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.9636/ APS Komaba
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  • INDIA
    • Article
      Lock icon Govt, communist allies heading for split
      559 13 Reuters Disagreement over US civilian nuclear deal could lead to snap poll in weeks [NEW DELHI] After more than four years of alliance, the Indian government and its communist allies appear closer than ever to a split over a civilian nuclear deal with the
      Reuters  -  559 words
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      354 13 U A U X l^ffljflES^MMß^^^^M Business Dining Etiquette Rule No. 1: You Are What You Eat Making an impression counts, starting from your choice of a dining venue. At Hai Tien Lo, we ensure a seamless experience enhanced by magnificent views, a private ambience and impeccable service. Master Chef LaiTong
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Australia downplays foreign-buyer caps talk
      603 14 Reuters Govt welcomes foreign investment if it's in the national interest: Treasurer [CANBERRA/SYDNEY] Australia played down reports yesterday that it might tighten foreign investment rules to curb Chinese takeovers of local resource firms, as it emerged that China's Sinosteel was pursuing a second iron ore
      Reuters  -  603 words
    • Article
      Lock icon Turmoil produces worst Q2 for Asian IPOs in 5 years
      493 14 Reuters [HONG KONG] Asia's initial public offering market is headed for its worst second quarter since 2003, according to preliminary Thomson Reuters data, as global market turmoil saw IPOs pulled or priced at steep discounts to peers. Bankers do not
      – Reuters  -  493 words
    • Article
      Lock icon Asia hedge fund sector seen spawning thousands of jobs
      390 14 Bloomberg [HONG KONG] Asia's expanding hedge fund industry will probably create tens of thousands of jobs in the next five years, even as investment bank recruitment dries up after the US sub-prime mortgage market collapse, said Sheridan Mather, managing director of
      – Bloomberg  -  390 words
    • Article
      Lock icon South Korea to pave way for online banks, says regulator
      300 14 Reuters [SEOUL] South Korea is considering allowing the introduction of Internet-based banks to encourage competition and product diversity in the banking industry, a regulator said yesterday. The Financial Services Commission (FSC) said in a statement that technology development and growing
      Reuters  -  300 words
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      2523 14 BIOSENSORS INTERNATIONAL BIOSENSORS INTERNATIONAL GROUP, LTD. (Incorporated in Bermuda with Limited Liability) (Company Registration No. EC *****) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ("AGM") of Biosensors International Group, Ltd. (the "Company") will be held at Taurus Room, Level 1, Marina Mandarin Hotel,
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  • WORLD
    • Article, Illustration
      Lock icon Buffett's annual charity lunch a source of new pals
      513 15 Reuters [NEW YORK] Fans of billionaire Warren Buffett line up each year to bid top dollar for the chance to have lunch with the famed investor, but sometimes they get far more than a meal Mr Buffett's friendship. "I've held about
      Reuters; BLOOMBERG  -  513 words
    • Article
      Lock icon LSE to launch 'dark liquidity' trading platform
      374 15 -AP Facility will offer EU-wide trading of large blocks of shares in secret [LONDON] The London Stock Exchange pic (LSE) said yesterday it plans to create a pan-European trading facility with brokerage Lehman Brothers, setting out its stall amid increased global competition from
      -AP  -  374 words
    • Article
      Lock icon Anheuser-Busch seen rejecting InBev bid
      413 15 -NYT [NEW YORK] The board of Anheuser-Busch is planning to reject an unsolicited U5546.4 billion takeover bid from Inßev, a rival brewery based in Belgium, people close to the American company said on Wednesday. The rejection, which has been widely expected, will formally start what
      -NYT  -  413 words
    • Article
      Lock icon Group petitions to rename sewage plant after Bush
      177 15 Bloomberg [SAN FRANCISO] A San Francisco group is petitioning the city to rename the Oceanside Water Pollution Control Plant the George W Bush Sewage Plant. The so-called Presidential Memorial Commission has gathered at least 8,500 signatures, Brian McConnell, one of the group's
      – Bloomberg  -  177 words
    • Article, Illustration
      Lock icon Citigroup faces US$8.9b Q2 writedown: Goldman
      594 16 Reuters Bank put on sell list; Merrill Lynch also could incur USs4.2b writedown: analyst [BANGALORE] Citigroup may suffer US$B.9 billion of second-quarter writedowns, forcing it perhaps to cut its dividend again, while Merrill Lynch may incur US$4.2 billion of writedowns, Goldman Sachs analyst William
      ■ Reuters; BLOOMBERG  -  594 words
    • Article
      Lock icon Stanchart to continue expansion
      407 16 Bloomberg [LONDON] Standard Chartered pic (Stanchart), the UK bank that makes more than 90 per cent of its profit in emerging markets, said it will continue to expand commercial banking in China amid a global credit crisis. "The economic horizon is increasingly uncertain," finance director Richard
      Bloomberg  -  407 words
    • Article, Illustration
      Lock icon LSE, Lehman to launch 'dark pool' trading
      530 16 Bloomberg New market called Baikal offers stocks in 14 Europe states [LONDON] London Stock Exchange Group pic and Lehman Brothers Holdings Inc will start a pan-European trading system that won't publicly disseminate price quotes as the UK market seeks to stem an erosion
      Bloomberg  -  530 words
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      312 15 NOTICE OF MEETING (GENERAL FORM) I I '^STf^ LTd'"' IN THE HIGH COURT OF THE REPUBUC OF SINGAPORE (Registral No:7oO«0838N) THECOMPAj;.ES™KAPTERSO| (MembersVoluntatyLiquidation) AND NOTICE IS HEREBY GIVEN IN THE MATTER OF that pursuant to Section 308 SOON IAI SENG teck CONSTRUCTION pte ltd of the Companies Art Cap pIS£S»4 W
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      1912 15 IN THE MATTER OF THE COMPANIES ACT. CAP SO ("the Act") AND IN THE MATTER OF UNI SINGAPORE PTE. LTD. DinOCMCnDC ("the Company") BIOSENSORS (Co. Reg. No. *****7263H) INTERNATIONAL Notice of Resolutions for %u ersua^Te3io Jn q2MT on BIOSENSORS INTERNATIONAL GROUP, LTD. At on Extraordinary General Meeting of (Incorporated in
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      87 16 II Jhe Cfland Suite "^b|^ II has arrived at Richburg! 3§BgP: X^==% RICHBURG dt ti^^^ r^ jf MOTORS XW M "Premium'MPV&SUVPro-Shop II ■rv^^^^P^^^ New/N I L=^L—L/ N I^^L^l The new Alphard projects an aura of status and good taste. Elegant and refined outside, it is pure luxury inside. 18 premium
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      314 16 I THE MONETARY AUTHORITY OF SINGAPORE Tenor Approximately 7 years Total Amount Allotted SCD 1,400,000,000 Amount Allotted to Non-Competitive Applications SCD 560,000,000 Of which allotted to MAS SCD 488,930,000 Total Amount Applied SGD 2,745,530,000 I Coupon Rate 2.875% p.a. Cut-off Yield Price 2.95% p.a. and on Allotment 99.529% Average Yield
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  • AVIATION/SHIPPING
    • Article
      Lock icon British Airways to freeze capacity on rising fuel costs
      335 17 Bloomberg [LONDON] British Airways pic, Europe's third largest carrier, said that it has scrapped plans for any capacity increases this year as rising fuel costs and slowing economies erode earnings and hurt demand for air travel. Available seating will be unchanged
      – Bloomberg  -  335 words
    • Article
      Lock icon UAE's Etihad opens new office in S'pore
      288 17  -  YEN SREENIVASAN Airline is growing in the Asia-Pacific, Middle-East; remains committed to Spore and region, says GM By [SINGAPORE] Abu Dhabibased Etihad Airways says it continues to enjoy good growth in the Asia-Pacific and the Middle East despite the twin threats of the
      288 words
    • Article
      Lock icon Delta, Northwest shareholders bailing out
      408 17 Reuters [CHICAGO] If executives at Delta Air Lines and Northwest Airlines are confident that their planned merger can shore up the two embattled carriers, a steep decline in shares says that investors are far from convinced that consolidation is the key to offsetting record high
      Reuters  -  408 words
    • Article
      Lock icon China Southern: Poor prospects
      132 17 Reuters [SHANGHAI] China Southern Airlines Co expects no recovery in the global airline sector before the third quarter of next year, as it faces a weak global economy and record oil prices, the Securities Times said yesterday, citing chairman Liv Shaoyong. The surge in the oil
      – Reuters  -  132 words
    • Article
      Lock icon Carribbean still top cruise destination: poll
      730 17 -AP [NEW YORK] The Caribbean remains a top destination among cruisers, and more are bringing their children along for the journey, according to a new survey by the Cruise Lines International Association (CLIA). Cruise experts also say that in response to rising fuel costs,
      -AP  -  730 words
    • Article, Illustration
      Lock icon Exxon spill damages slashed to US$500m
      559 17 LAT-WP [WASHINGTON] Nearly two decades of legal battles over the Exxon Valdez oil spill came to an end on Wednesday when the US Supreme Court slashed the punitive damages imposed against ExxonMobil from US$2.5 billion to US$5OO million. The justices ruled 5 to 3
      LAT-WP; AP  -  559 words
    • Article
      Lock icon HK may favour shipping lines for container terminal
      538 17 Bloomberg [HONG KONG] Hong Kong may favour shipping companies over port operators when awarding the rights for a planned container terminal to help secure traffic as competition from cheaper mainland harbours mounts. "This idea allows us to tie up with shipping lines,
      – Bloomberg  -  538 words
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      247 17 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO TRADE CRITICAL BUNKER RECOVERY Following a review of bunker costs for the 2-month period ended 25 June 2008, please be advised that the Critical Bunker Recovery (CBR) effective 15 July 2008 will be increased by USD 20 per TEU for Group "A" Ports
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  • EDITORIAL & OPINION
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      Lock icon Coping with expensive oil
      456 18 VOLATILITY in the energy markets continues, and governments across the world are facing mounting pressure from consumers to do something. The biggest damage from high oil prices is their impact on inflation. Even as economies around the world as well as financial markets struggle to come
      456 words
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      Lock icon Need for public-private dialogue on finance
      958 18  -  JAMES S TURLEY It'll make proposed reforms in and modernisation of financial regulation more effective By OVER the past few months, the US Treasury, European Union (EU) market authorities and the Financial Stability Forum have all issued reports and recommendations that focus on reforming
      AP  -  958 words
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      Lock icon Iraqi refugee crisis a threat to stability in Middle East
      822 18  -  NICHOLAS D KRISTOF NYT THE BOTTOM LINE THE dirty little secret of the Iraq war isn't in Baghdad or Basra. Rather, it's found in the squalid brothels of Damascus and the poorest neighbourhoods of East Amman. Some two million Iraqis
      NYT  -  822 words
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      Lock icon Story of a 'sovereign poverty fund'
      1771 19 The success of Temasek Holdings today is rooted in the founding wisdom of Singapore's pragmatic idealism This is the acceptance speech by Ho Ching, executive director and CEO, Temasek Holdings, on being conferred the Asia Society's International Business Award at the Asia Society's 21st
      FILE PHOTO  -  1,771 words
    • Article, Illustration
      Lock icon China needs to focus more on growth than inflation
      825 19  -  TIGER TONG By CHINA'S current monetary policy had little to do with the fact that its consumer price index (CPI) slowed down a bit in May. The overall scenario suggests more upward inflationary pressure down the road. More importantly, China may
      National Statistic Bureau, China Knowledge  -  825 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8165 20 Transaction date: Jun 26 Hii Low Code Coi Sale t'ooo) Hii ■ow Bi Seller C'vr P/E $mil 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30 12 1938 AEICorp 24.5 6.5 1100 AEM 41 18 2101 APOil 141
      8,165 words
    • Article
      Lock icon SGX XTRANET
      82 20 52-Wk Tel h Low Code Last Sale Vol ('000) Day lh Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil JJi. Comi JJi. 200 116 6065 Diamond. 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 *****
      82 words
    • Article
      Lock icon SGX CATALIST
      1936 20 52-Wk Tel High Low Code Last Sale Vol C000] Day Last Quote Div GrYld Net MCap Low Buyer Seller Cvr P/E Smil Comi Hii 22 11.5 1181 s AAGrp 41.5 15 5000 sABRHIdgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19 3518 s
      1,936 words
    • Article
      Lock icon CLOB INTERNATIONAL
      213 20 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
      213 words
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      34 20 k jpfep, NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED \B W 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      361 21 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jun 25 World Index Preliminan 998.8 0.7 -11.7 0.9 -14.4 0.6 -10.1 EAFE Preliminai 945.7 0.7 -15.6 0.7 -16.3 0.4 -12.0 Euro[ Preliminan 1280.6 1.2 -17.0 1.3 -17.7 1.0 -13.! Pacific 841.0
      361 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      122 21 As at 9am Jun 26 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer Uist dollar 1.3030 1.3180 .an dollar 1.3450 1.3610 :uro 2.1280 2.1530 IZ dollar 1.0260 1.0480 iterlini ind 2.6800 2.7120 JS dollar 1.3580 1.3750 .ocal dollars to 100 units it foreign
      122 words
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      Lock icon INTERBANK RATES
      156 21 Jun 26 Iverniqht -month -months l-months Overnight mode: 1/4 JS$ 1/2 1 1 1/8 1 1/4 Offer 3/8 7/8 1 1 1/8 Bid 1 days I month > months J months d months months 12 months (All 2.80 2.68 2.85 3.00 3.30 3.50 3.70 Offer 2.70 2.58 2.75
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      Lock icon STOCK INDEX FUTURES
      16 21 Jun 26 STI IIMSCI Jun 367.9 370.9 366.8 "aiwan Jun 306.5 306.9 303.3
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      Lock icon US$/S$ FORWARD RATES
      22 21 Jun 26 S$ Bid Offer 1-month 1.3637 1.365 2-months 1.3618 1.3631 3-months 1.3599 1.3612 6-months 1.3545 1.3558 Source: OCBC
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      Lock icon INTERBANK CURRENCY RATES
      157 21 Jun 26 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.3082 1.3099 0.9578 0.9583 Canadian dollar 1.3513 1.3531 0.9894 0.9899 Euro 2.1369 2.1391 1.5646 1.5649 NZ dollar 1.0320 1.0332 0.7556 0.7559 jterlini ind 2.6964 2.6989 1.9742 1.9745
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      351 21 Jun26 EURODOLLAR FUTURES SepO8 DecO8 MarO9 JunO9 96.970 96.670 96.485 96.275 0 0 0 0 ***** ***** 6630 2362 EUROYEN FUTURES SepO8 99.140 99.140 DecO8 99.060 99.070 MarO9 98.950 98.970B JunO9 98.865B SepO9 98.755B DecO9 Mar10 Jun10 99.135 99.060 98.950 99.135 99.060 98.955 98.845 98.750 98.685 98.575
      351 words
    • Article
      Lock icon SICOM FUTURES
      266 21 Jun 26 (UBBtK Futures (Closing prices) !SS 1 (S cents/kg) flonth High Low Close Sett Volume (tonnes) Open Interest lul 08 <\ug 08 iep 08 3ct/Dec 08 Ian/Mar 09 <\pr/Jun 09 447.00 444.25 439.75 435.75 436.75 438.50 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open
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      Lock icon CHICAGO BOT
      105 21 Jun 25 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 08 1537.50 1501.00 1537.50 1491.51 Aug 08 1540.00 1504.00 1540.00 1494.01 Sep 08 1527.00 1492.00 1517.00 1490.01 Nov 08 1525.00 1491.00 1527.00 1481.01 SOYBEAN/OIL (60,000 lbs;Uscen.lb) Close Previous Hiqh/Lovi ih/Low lul 08 64.21 63.10 63.95
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      Lock icon CRUDE OIL & PRODUCTS
      75 21 CRUDE OIL PRODUCTS Jun 25 ISS/barrel Close Cham irent blend (1 -Mth F) 132.65 -3.9I VTI (Near Mth) 134.46 -2.6: .ubai (1 -Mth F) 130.97 -0.11 "apis blend 143.5 -0.11 i/linas 139.6 -0.0I >RODUCT JSS/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene 131.22 165.70 0.55 -0.1 USS/barrel )pec Oil Basket
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      Lock icon INTERBANK CROSS RATES
      443 21 Jun 26 lustralia 0.968 6.575 0.612 7.478 40.899 88.428 1.036 9.942 3.120 1.268 65.119 42.595 1.309 7.564 0.994 29.104 32.167 0.485 0.958 :anada 1.033 6.792 0.632 7.725 42.249 91.345 1.070 10.270 3.223 1.310 67.267 44.000 1.352 7.813 1.026 30.064 33.228 0.501 0.990 :hina 0.152 0.147 0.093 1.137
      443 words
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      Lock icon GOVERNMENT SECURITIES
      89 21 Jun 26 'eriod Issue code Maturity Yesterday's Bid Hit Day's |h Low l-Month BQ*****E 25.09.08 -Year BY*****N 04.05.09 0.46 0.92 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid His Day's igh Low !-Year N*****0F 2.625 i-Year N *****0V 1.625 '-Year N*****0S 2.875 0-Year NY*****A 4.000 5-Year
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      Lock icon SIBOR
      68 21 Jun 26 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 3.***** 4yrs 3.***** 5yrs 3.***** 7yrs 3.***** 10yrs 3.***** 12 yrs 3.***** 15 yrs 4.***** Source: Reuters mth 2.***** 1.***** mths 2.***** 1.***** mths 2.***** 1.***** mths 3.*****
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    • Article
      Lock icon PALM OIL
      62 21 Jun 26 lelivery lonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low lul 08 3550 Uig 08 3541 .ep 08 3555 3d 08 3559 rota I o/p: ***** contracts 3545 3550 3528 3530 3562 3514 3535 3570 3516 3539 3569 3523 Turnover: 4994 Market
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      Lock icon PRECIOUS METALS
      128 21 Jun 26 /oz) lun lun Jong Kong .ondon 890.10 888.70 891.30 889.70 Jun 25 Jun 24 878.80 882.95 879.80 883.45 Source: Reuters CAST BAR (SS) Jun 26 Buying Sellini Kilobar 41,818.81 ***** PAMP GOLD BARS (SS) Selling Buying gm jgm Ogm !0gm JOgm OOgm oz ozUBS Kinebar™ 94.16
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      Lock icon LONDON METALS
      62 21 luminium, 99.7% urity (USS/tonne) Close Previous :ash 3009.00 3051.20 months 3058.00 3100.00 Copper, Grade A (USS/tonne) ;ash months 8489.00 8315.00 8509.00 8350.00 .ead (USS/tonne) :ash 1759.80 months 1782.00 1805.00 1823.00 lickel (USS/tonne) '.ash I months *****.00 *****.00 *****.00 *****.00 'in (USS/tonne) :ash *****.00 *****.00 months *****.00 *****.00 inc,
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      Lock icon LIFFE
      77 21 Jun 25 (£/tonne) Close Prev Hii ih/Low lul 08 1726 1709 1727/1693 iep08 1673 1675 1676/1654 Dec 08 1630 1635 1636/1615 Vlar09 1598 1603 1608/1583 IOFFEE (USS/tonne) Close Pev High/Low lul 08 2401 2358 2403/2361 iep08 2386 2335 2389/2335 Mov08 2344 2309 2350/2304 Ian 09 2309 2284 2302/2276 SUGAR
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      Lock icon BONDS & WARRANTS
      4588 21 BONDS WARRANTS rel Zode Comi Last Sale Vol Conv Exer ('000) Ratio Price Disc Gear- inq fflths Left +or1058 Advance Modules Grp W*****3 6 1036 Advance SCT Ltd W*****9 3 ArianeCorp Ltd W*****9 0.5 3092 Asia Environment W*****4 16 5 5 1481 #Asia Water Tech Ltd W*****0 18.5 3816 #Asiasons
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      2881 22 m The Business Times Shipping Times mW ___PV _Pf^ BlCT^ffllHlfffffflTOlffßffffiß r WAN HAI INTERNATIONAL PTE LTD crnon69S92oooo/r MT^ X^Ai W.%3 mtMLW^BSMm^^^ksBBL^^LWMWm TEL:*****588 (14 LINES) FAX:*****163 Mf wMmf ma9aW§if mf mmmm U WSamm tWrWIMS VAN 1 l/l/AN HAI INpN Cu.roinet Setvi<e/Booking. Dite<l Line (1800) *****200 M maT A mgZ I I^__^»_-
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      3363 23 lj! RICKMERS-LINIE g se r vice I IF~T EASTERN CAR LINER. LTD IPS 2J®3S^ Regular Breakßulk/Project/SOC Conventional Services website: www.rickmers.com 111 JE. I I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I uirc, v rvnnree e«n urn enurmii r USA Service rt WbbKLY bXrnboo oAILINu oUHbUULb Vessel I Voy
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      4908 24 I^^^^^B I ll■ JH A Mn E^DC IT M Tel: 65-*****907 Fax: *****917 I mmmm K^H E9 ISfl E9 H9 B9 PS ANUbKbbN Email: asc@ascasia.com I WSjH fil fIRV NflVlfiATlflN RRIIIIP I ■»pM&|H ISM K&fl [Ml l--^M A shipping companT7 70 Shenton Way, #21-03 Marina House Singapore *****8 UtUIl I
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  • Page 25 Advertisements
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      176 25 SH*KE UP fl Tune in to the New Morning Show. 3 (50% of the sales revenue goes to the ST Pocket Money Fund) BID PRICE STARTS FROM $1500 Shake Bake with Suz and Sheikh. Bjdd j ng ends 1 s g pm 2gth June 2008 Monday to Friday, 6AM -10AM.
      176 words
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      Lock icon Page 25 Advertisements Column 2
      1489 25 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by h^mi THE BUSINESS TIMES Business Times journalist Vincent Wee, who did a circumnavigation on Uniquely Singapore Clipper in the 2005-2006 race and reported from onboard the boat in the first
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      313 26 Improve Your Portfolio's Investment Performance with SAFE&TIMELESS INVESTMENTS World's Top Investment Grade Wines Bordeaux En Primeur 2007 Classified First Growth is now available for sale. Alberta's (Canada) Highly In Demand Developable Land Singapore's (Baron of Batik) Limited Original Works of Art Each piece is an original work of art. No
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  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      350 27 artBEAT More than B Walk of Fame artists in comics and toys H attendance. Taking the Ax rvurornraiT «*i Tllls rarefied company *of hnnin EXHIBITION titles can J lo VJiupm includes Gary Erskme be deceptive. The Oeft), who worked on WORLD-CLASS pianist inaugural Singapore M file mmic Emmanuel Ax applies
      350 words
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 2
      320 27 CRYPTIC CROSSWORD ACROSS 5 Wins the pools and sweeps, 7 Serious measure needed for perhaps (6,2) those that are late (9) 6 Hooded killer (4,5) 8 Beginner in discomfort g Up-beat game (4) that's obvious (5) 14 t cou d be grounc wne re 10 Mineral springs help? Hear are
      320 words
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      807 29 Ag-AsAsr-y^ Ist1 st Anniversary Celebration WINE FOOD MOOD Italian Restaurant Winebar dtld What Q treat it Will be! Get a FREE* pasta dish with every 2 pasta dishes ordered. Also enjoy 1 for 1* bottle house pour of Prosecco, Wine Beer Valid for Saturday Sunday Brunch (12 noon to 3.30pm)
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  • executive lifestyle
    • Article
      Lock icon The rich, the ugly and the happy
      550 30 I'M not happy. And it seems, neither are Nigerians, because they scored highly on a happiness index not recognised by the Gallup Organisation. According to the results of a global survey done by Gallup and presented at this week's World Cities Summit, people
      550 words
    • Article, Illustration
      Lock icon Inside the Blair goldfish bowl
      1369 30 Cherie Blair tells VIKRAM KHANNA she wrote her memoirs because 'I wanted people to see that I don't have horns on my head' TO EXPECT total candour or balance from the published memoirs of a former first lady is probably asking too much. Thus, in
      AP  -  1,369 words
    • CLIPPER ROUND THE WORLD RACE
      • Article, Illustration
        Lock icon Fair winds ahead for the final lap
        903 25 The 10 boats leave behind the sunshine of their previous trek in an all-out push for the finish line off Ireland, reports VINCENT WEE WITH just about 500 miles to go, the 10 boats competing in the Clipper 07/08 Round the World Yacht
        CUPPER VENTURES  -  903 words
    • WINE
      • Article, Illustration
        Lock icon A great pairing of wine and cheese
        630 26 Reuters France's Alsace wine growers are promoting the combination of the region's white wines with cheese [PARIS] THE wine growers of the Alsace region in north-east France, close to the Rhine river on the border with Germany, are trying to boost sales by
        – Reuters; FILE PHOTO  -  630 words
      • Article
        Lock icon Spoiled by faulty bottle
        1068 26  -  N KYONG By ANYONE who drinks wine fairly regularly will come across a faulty bottle sooner or later. The older the wine, the greater the likelihood. At dinner last night, we were served an eagerly awaited wine, Chateau Latour 1975 which a generous guest had contributed.
        1,068 words
    • ARTS/PURSUITS
      • Article, Illustration
        Lock icon Modern life in ancient medium
        733 27 ARTS Hong Sek Chern uses Chinese ink painting to depict living in a city, writes CLARISSA TAN T'S an ancient medium, applied to a thoroughly modern landscape. Hong Sek Chern uses the familiar strokes of Chinese ink painting to depict the often alienating scenes of
        733 words
      • Article, Illustration
        Lock icon Indie releases show how it's done
        657 27  -  CHRISTOPHER LIM MUSIC B-Quartet Tomorrow Is Our Permanent Address Aging Youth Records Rating: A Allura Wake Up And Smell The Seaweed Aging Youth Records Rating: BHelen Sventitsky Monochrome In Technicolour Rating: B+ Byl IT'S been a great year so far for local independent music
        657 words
      • Article
        Lock icon Taste of Bourne action
        542 27  -  CHRISTOPHER LIM GAMING By SCEPTICS will wonder how many computer games adapted from movies and books are just blatant attempts to milk a lucrative franchise dry. However, when the adaptation is done right, and compromises are made in the right places, the result can be well
        542 words
      • Article, Illustration
        Lock icon Khong family melds magic with theatre
        558 27  -  CHRISTOPHER LIM By STREET magic performers such as David Blame and Criss Angel may seem to be in vogue these days, while veteran magicians such as David Copperfield had to cancel his shows here last year. Still, Singapore's very own Khong family wants to
        558 words
    • SINGAPORE ARTS FESTIVAL
      • Article, Illustration
        Lock icon Better edgy than safe
        927 28 Theatre-goers have expressed a keen interest in experimental theatre, writes BEN MUNROE THE offerings in this year's drama category contained an ambitious array of productions, veering strongly towards the experimental end of the spectrum and originating in various locations from Australia and India to Manchester and
        JEFF BUSBY  -  927 words
      • Article, Illustration
        Lock icon Arts Fest dance gamble pays off
        586 28  -  UMA SHANKARI By THE dance programme at this year's Singapore Arts Festival like the rest of the event was ambitious, to say the least. With seven performances featuring mainly unknown choreographers and avant-garde works, this year's dance offering tried to make its mark and
        NG SOR LUAN/THE STRAITS TIMES  -  586 words
      • Article, Illustration
        Lock icon Music played central role
        615 28  -  CHRISTOPHER LIM By THE main complaint about the Arts Fest's music programming this year has been the lack of classical music and the absence of big names. If you take a narrow definition, the only unambiguously classical event was the one-night Festival Fantasia concert on June
        DAVID PAPE  -  615 words
    • CINEMA/ENTERTAINMENT
      • Article, Illustration
        Lock icon Lame and tiresome stuff
        499 29 Deception is a desperately dull, painfully predictable and ultimately a pointless exercise in self-indulgent movie-making, says GEOFFREY EU THE film Deception, an erotic thriller with an intriguing premise about a high-end sex club for members of the New York power elite who meet in luxury hotel
        499 words
      • Article, Illustration
        Lock icon Real world of real estate in LA
        616 29  -  CHRISTOPHER LIM TV By WATCHING property deals on TV might not sound like a riveting entertainment concept, but when you see how emotional, obses-sive-compulsive broker Jeffrey Lewis runs things, you'll understand why reality real-estate show Flipping Out is such a hit in the
        616 words
      • Article, Illustration
        Lock icon Some classics are best left untouched
        340 29  -  CHRISTOPHER LIM DVD REVIEW By WHEN it comes to Chinese period war movies, The Romance Of The Three Kingdoms counts as one of those epic historical novels that has received countless treatments on screen not to mention in books, paintings, music and even computer
        340 words
      • Article, Illustration
        Lock icon Doing your own thing enjoyably, fraternally
        674 29  -  LIM WEN JUIN By I THERE will always be a part of us that refuses to be content with humdrum ordinariness which explains the appeal of escapist capers in which an everyman discovers that he is in fact the saviour of the world or
        674 words
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      34 30 VERSACE HOME LUXURY AVAILABLE ONLY AT DA VINCI 10 Tanglin Road, Da Vinci Home Gallery Singapore *****3 Tel: +65 6736 6333 Published and printed by Singapore Press Holdings Limited. Co. Regn. No. *****2868 E.
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      13 30 A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs@sph.com.sg, Fax 6746-1925.
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