The Business Times, 7 July 2008

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Microfilm: NL29427
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINRSS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Monday, July 7,2008
    25 words
  • Article
    Lock icon HK draws Singaporeans with more pay, grittiness
    683 1  -  SIOW LI SEN Senior foreign bank positions can pay as much as double [SINGAPORE] Singapore's growing financial sector is well known for attracting talent from other countries. But under the radar are Singaporeans who leave for Hong Kong, drawn by the territory's higher
    683 words
  • Article, Illustration
    Lock icon Global equity markets lose US$11.4 trillion
    1013 1  -  TEH HOOI LING Equities are at their lowest levels since 1980s as value declines sharply: Citi study By [SINGAPORE] A whopping US$ll.4 trillion has been wiped out from global equity markets so far this year the weakest start to the year since 1970, figures
    REUTERS  -  1,013 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      52 1 iT Index 2,892.54 -63.37 I COMP 1,134.14 -56.40 IIKKEI225 13,237.89 -306.47 IANG SENG 21,423.82 -618.53 ;et INDEX 743.03 -32.70 JAKARTA COMP 2,314.75 -17.37 1ANILA COMP 2,369.21 -97.07 ;eoulcomp 1,577.94 -106.51 ;henzhenb 466.17 -5.04 IUMBAI IND 13,454.00 -348.22 )OW 11,288.54 -57.97 IAS DAI 2,245.38 -70.25 ;&P 500 1,262.90 -15.48 TSE
      52 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.703 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.86 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ US$1 1.361 (US$/S$ il 1.982 2.698 :uro (USS/SS/E) 1.571 2.139 'EN 106.70 78.40 3.267 2.400 N<$ 7.797 5.729 !AHT 33.47 24.59 lUPIAH 9,215 6,771 IENMINBI 6.861 5.041 INDIAN RUPEE 43.19 31.73 1.039 0.763 IZ$ 1.320 0.970
      39 words
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      102 1 8 *****1 *****4 Iliii^m Wl''"M™%^ A CELEBRATION OF SINGAPORE CUISINE Iftifc ..^ri^^&Mß^apff- F^Uff Authentic local favourites from the Halal-certified Chinese, Malay and Indian theatre-kitchens. i WtKf^i. "feli^^^S s™*^ OftllSigCT Highlights include Hokkien Mcc, Roti Jala, Dum Briyani and Ayam Buah Keluak i i-^ Chinese mask painting and Henna tattoo activities
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      50 1 M> POWER LUNCH VIEWS FROM THE TOP BizlT BE INSPIRED I I -C/ Kenny Yap opts for Managing energy and Website for Zap for daily inspiration. z-- hawker food water resources ERP rates Win a Zegna Sports PAGE 13 RAGES 10 11 PAGE 31 Gym Kit! PAGE 3 I M
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  • TOP STORIES
    • Article
      Lock icon Developers ponder tricky math before new launches
      983 2  -  KALPANA RASHIWALA Studying the extent of competition from secondary market deals is a vital part of the homework developers have to do before deciding on any launch. NEWS ANALYSIS Apart from pricing, a host of factors are critical in their launch decision [SINGAPORE]
      983 words
    • Article
      Lock icon Property yield spreads widen but investors wary
      555 2  -  ARTHUR SIM Optimistic outlook for Asia-Pac market says DTZ report [SINGAPORE] Institutional investors are seeing some property yield spreads over 10-year bond rates widen globally but DTZ Research believes the correction in real estate markets has some way to go. According to a
      555 words
    • THREE MINUTE DIGEST
      • Article
        Lock icon Property yield spreads widen but investors wary
        67 2 INSTITUTIONAL investors are seeing some property yield spreads over 10-year bond rates widen globally but DTZ Research believes the correction in real estate markets has some way to go. "With prospects for capital growth limited, investor focus has returned to occupier fundamentals," said
        67 words
      • Article
        Lock icon New index to track 20 largest S-shares
        53 2 SINGAPORE Press Holdings, Singapore Exchange and FTSE Group will launch a new tradeable index today to track a smaller group of highly liquid Singapore-listed Chinese stocks or S-shares. The FTSE ST China Top Index will track the 20 largest S-shares on SGX. COMPANY
        53 words
      • Article
        Lock icon Sliding US dollar puts the squeeze on S'pore firms
        52 2 AHEAD of the second-quarter earnings reporting season, several smaller companies here are already warning shareholders to brace for pain as the US dollar sinks along with a slowdown in the US economy, while the prices of raw materials soar. COMPANY NEWS,
        52 words
      • Article
        Lock icon HK's Serisys sees surge in software demand here
        62 2 SERISYS Solutions, a Hong Kong-based firm that provides IT solutions to banks and brokers has set up its South-east Asian headquarters in Singapore. Its chairman Tim Marsh recently told BT that the company expects strong demand for its software as Singapore grows
        62 words
      • Article
        Lock icon Developing nations getting lectures on inflation
        53 2 IN a case of the pot calling the kettle black, the US Federal Reserve, the European Central Bank and the Bank of England are telling their developing-country counterparts to get their respective economic houses in order and do something about growing inflationary pressures. ECONOMY
        53 words
      • Article
        Lock icon Taiwan regulator assures broker Polaris of help
        40 2 POLARIS Securities, whose chairman Wayne Pai was found dead on Friday in an apparent suicide, will get assistance from Taiwan's Financial Supervisory Commission to stabilise the island's second-largest brokerage. GREATER CHINA, PAGE 18
        40 words
      • Article
        Lock icon Website offers ERP rates at click of a mouse
        103 2 AS motorists try to figure out how much more ERP (electronic road pricing) charges they will have to pay from today, one enterprising Singaporean start-up company, Portal One Pte Ltd, has compiled all the information, superimposed on interactive street maps, on
        103 words
    • Article, Illustration
      Lock icon Uniquely S'pore completes last race with a flourish
      524 3  -  VINCENT WEE 2nd place finish lands them 7th position overall in 10-month global yacht race By [SINGAPORE] The Uniquely Singapore Clipper went out with a bang as they finished the final race of the Clipper 07-08 Round the World Yacht Race from
      ONE EDITION  -  524 words
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      375 2 Asia-Pacific Economic Cooperation Workshop on APEC Trade Recovery Programme 23 24 July 2008 Orchard Hotel, Singapore What is the APEC Trade Recovery Programme? The security of the global supply chain Is critical to continued world economic development, especially amidst the threat from international terrorism. The Asia-Pacific Economic Cooperation (APEC) is
      375 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      90 2 Quality Office Building SPRING Singapore Building Bukit Merah Central *^H^H commercial development comprising a sifPJ 22-storey tower and a 6-storey podium block Site area: 88,295 sq ft approx Gross floor area: 355,153 sq ft approx Close to full occupancy Strategically located near CBD fringe Potential conversion of podium block 4j|§
      90 words
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  • Page 3 Advertisements
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      122 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 Zegna Sport Gym Kit worth $1400! /'TV To Zap: 1) Download Color Cam™
      122 words
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      73 3 Commencement v^^m* 1 T Excellence f\ 9 V m 11 J I Ik* VL jit ■'••to.. ifl \fl Eit 1■ JMw m Jm W a a CONGRATULATIONS CLASS OF 2008 YOU ARE OFF TO A GREAT START Embodying the NUS Difference You see in yourself A Pathfinder and A Problem
      73 words
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  • COMPANY NEWS
    • Article
      Lock icon DBS trailing rivals in China
      665 4  -  CHOW PENN NEE I S DBS Bank being left behind in I the push into China? Like other banks, the three I Singapore banks have identified I China as a major growth market. That's not surprising, given that the Chinese are the world's biggest savers
      665 words
    • Article, Illustration
      Lock icon Unwise to jump in and out of markets: IFA boss
      521 4  -  CHOW PENN NEE DESPITE volatility in financial markets, investors should not move in and out of stocks, says the head of an independent financial advisory (IFA) company. "I'm concerned about movements (by investors) in and out of markets," says Grahame
      ARTHUR LEE  -  521 words
    • Article
      Lock icon New index to track 20 largest S-shares
      479 4  -  LYNETTE KHOO :SGX Revenue criterion allows firms not eligible for existing index to be included in new index By SINGAPORE Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group (FTSE) will launch a new tradeable index today to track a smaller group of
      :SGX  -  479 words
    • Article, Illustration
      Lock icon Sliding US dollar puts squeeze on S'pore firms
      741 7  -  CONRAD TAN Several small firms have issued profit warnings ahead of Q2 results season AHEAD of the second-quar-ter earnings reporting season, several small companies here are already warning shareholders to brace for pain as the US dollar sinks along with a slowdown
      Bloomberg  -  741 words
    • Article
      Lock icon Not zero-sum, no fiddling by issuers
      409 7 WARRANT INSIGHTS TWO of the most common questions investors ask is whether trading warrants is a zero-sum game and whether issuers systematically try to manipulate underlying share prices. The short answer to both questions is "no". If the business was really "zero-sum" and issuers
      409 words
    • Article, Illustration
      Lock icon First Resources rides palm oil boom
      738 7 Reuters It has USssoom plan to raise production, buy plantation land [SINGAPORE] Palm oil maker First Resources has a US$5OO million investment plan to raise production and buy plantation land amid an ongoing palm oil boom. The five-year investment drive comes as palm oil
      Reuters; BLOOMBERG  -  738 words
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      252 4 A message from Toppan Printing Co., Ltd. to all shareholders of SNP Corporation Ltd OFFER CLOSES 28 JULY Our Offer Price is $1.76 for each Offer Share We currently own, control or have agreed to acquire approximately 61.15% of the issued share capital of SNP Corporation Ltd. 1 Please note
      252 words
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      204 4 Departs Daily to Kuala Lumpur Malacca from Orchard Road book now Cj Direct to Malaysia! No Transfers needed 28 seater Business Class Seats and Individual LCD, Meeting Lounge on lower deck A FLEET OF EXCLUSIVE CLASS MOTORCOACHES FOR CHARTER FRIENDLY PROFESSIONAL SERVICE ASSURED Corporate Incentive Conference Package Tours Malaysia Overland
      204 words
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      253 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Be careful of buying the dips to sell into strength
      716 6  -  R SIVANITHY STOCKS I FOUR weeks ago on June 9, this column predicted that the "buy the dips, sell into strength" trading strategy that worked well throughout MarchMay would be severely tested in the forthcoming weeks. The Straits Times Index
      716 words
    • Article
      Lock icon Asian units lose ground against dollar after US jobs data
      418 6 AFP CURRENCIES [HONG KONG] Major Asian currencies ended last week mainly lower against the dollar as US jobs data was not as bad as feared, although concern persisted over the state of the world's largest economy. Japanese yen: The yen
      AFP  -  418 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      529 6 Payment (cts) Ex Books Pay date close date Environment ak 1.000 14-M^ 16-Mai 07 Jul isia Environment bh 1.000 14-May 16-May 07-Jul Water Tech an 1.000 14 Jul 16 Jul 28-Jul isiatic Grp an 0.750 06-Aug 08-Aug 05-Sep lustraland PG A I 24-Jun 30-Jun 01-Aui lab&Brown Global as
      529 words
    • Article
      Lock icon Oil prices soar to fresh high; strike lifts copper to peaks
      390 6 AFP COMMODITIES [LONDON] The price of oil set a record high above US$l46 a barrel last week owing to falling reserves of US crude, simmering tensions over Iran and a weak dollar, traders said. Oil: Brent North Sea oil
      AFP  -  390 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1922 6 Source: Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name \llco Commercial REIT 2.50 2.25 4 5.49 13.66 1.05 0.70 .llgreen Properties Ltd 2.50 2.45 12 9.01 10.83 1.37 0.97 ,mara Hldi |S Ltd
      1,922 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      56 6 Jul 4 VALUE CLOSE -1282.00 -14.00 BT OB/OS BT CADI -*****.00 -45.00 BT 10-day MA -*****.00-128.00 FTSE ST Mid Cap 699.76 -2.01 FTSE ST Small Cap 581.28 -3.61 FTSE ST All Share 727.29 +1.30 FTSE ST China 396.50 -4.13 UOB Catalist 131.69 -1.88 SiMSCI 353.70 +0.86 SiMSCI
      56 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME Sunmoon 165,185,000 Golden Agri 145,450,000 SinqTel 140,556,000 Yanqzijianq 119,665,000 DBS DBeCW*****3 109,412,000 China Honqxinq 106,636,000 ChinaFibreT 97,246,000 Oceanus 88,779,000 DBS MBL eCW*****9 82,558,000 Noble Grp 78,585,000 VALUE($) SingTel 502,163,479 DBS Grp 468,717,725 Keppel Corp 378,314,921 UOB 313,352,508 S I A 308,356,428 CapitaLand 251,142,579 SGX 239,997,880 OCBC
      58 words
    • Article
      Lock icon RISES
      103 6 BY CENTS CLOSE UP 9220 146.9 1.2 GLD 10US$ JMH 3040 54.4 1.3 SPC 691 40.0 6.1 JSH 1698 24.5 1.1 Mall 312 22.0 7.6 SembMar 427 22.0 5.4 Cai i Land 579 20.0 3.6 RSH Ltd 150 20.0 15.4 itraits Tri 683 13.0 1.9 Ascendasreit 235 10.0 4.4
      103 words
    • Article
      Lock icon FALLS
      126 6 Closing prices are in trading currencies, but absolute difference is in Ss. BY CENTS CLOSE DOWN 1462 -76.2 -3.7 China H 10US S I A 1410 -64.0 -4.3 t India Ni 10 1239 -62.0 -4.: SIA 200 1416 -62.0 -4.2 StraitsAsia 299 -51.0 -14.6 UOB MBLJCW*****0 523 -49.0 -8.6
      126 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      86 6 Jul 4 CLOSE CHNG FR Jul 3 YR2008 S$ LOW S$ HIGH USS 1.3618 -0.25 1.4542 1.3457 Euro 2.1367 0.95 2.2064 2.0474 Pounds 2.6981 0.00 2.8431 2.6568 AS 1.3103 -0.25 1.3235 1.2349 Yen* 1.2753 0.20 1.4484 1.2619 Rill liah* 0.***** -0.20 0.***** 0.***** Baht* 4.0675 0.26
      86 words
    • Article, Illustration
      Lock icon Portfolios slide with stock market
      1472 8  -  TEH HOOI LING IT'S the same story for yet another week. Oil prices scaled new highs, and equity prices sank lower. Last week, the Straits Times Index closed at 2,892.54, down 63.37 points or 2.14 per cent from the previous week. Small caps fared even
      1,472 words
    • Article, Illustration
      Lock icon Buyback activity escalates as local bourse weakens further
      1339 8  -  ROBERT HALILI INSIDE MARKETS Matthews International, C'wealth Bank of Australia cease as substantial shareholders at Hyflux and Unisteel respectively By F THE further weakness in the stock market which saw the Straits Times Index drop a further 2.1 per cent to 2,892.54
      1,339 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Serisys sees surge in software demand here
      381 9  -  CONRAD TAN HK IT solutions firm banking on rising securities trading, wealth management A HONG Kong-based firm that provides IT solutions to banks and brokers has set up its South-east Asian headquarters in Singapore. Serisys Solutions chairman Tim Marsh recently told BT that
      381 words
    • Article, Illustration
      Lock icon 10,000 GET TOGETHER TO RUN FOR A GOOD CAUSE
      87 9 (from right) Joy Balakrishnan, honorary secretary of MILK Fund and patron of Beyond Social Services; Teo Ser Luck, senior parliamentary secretary, Ministry of Community Development, Youth and Sports and Ministry of Transport; and Piyush Gupta, head of institutional clients group in
      87 words
    • Article
      Lock icon T32 Dental opens 4-chair practice at Raffles Link
      408 9  -  CHEN HUIFEN DRIVEN by rising demand for general and specialist dental care, three-year-old practice T32 Dental Centre has expanded its operations with a new satellite clinic right in the heart of the central business district. Located at 1 Raffles Link, the four-chair
      408 words
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      8 9 Lianhe Zaobao Meant for SMEs EC© (Dffi $±H~toai
      8 words
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      Lock icon Page 9 Advertisements Column 2
      200 9 Servicing and repairing your BMW or Mercedes-Benz will never be the same again. l||ss|^Y Reserved for the Driven Introducing STAR BLACK a Premium Repair and Service Centre exclusively for BMW and Mercedes-Benz car owners. Designed with your comfort in mind, the STAR BLACK membership program ensures that your luxury car
      200 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Managing energy, water resources
      2344 10 THIS WEEK'S TOPIC: Is enough being done to ensure a sustainable quality of life in Singapore in the areas of energy and water use, and urban development? How can cities share best practices in these crucial areas? Lim Soon Hock Managing Director PLAN-B ICAG Pte Ltd
      PHOTOS: STOCKXPERT  -  2,344 words
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      191 10 I! -f^^C^i Book an S-Class today and receive a 1^ y Luxury Upgrade Package. vV B^S^^^^yßJ(B "f^^ 4^Afk If ever there was a car that summed up our knowledge «r 11^^^^ about the automobile, it is the S-Class. For over 50 years, f. '000^^ }j as been the choice of
      191 words
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  • Page 11 Advertisements
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      138 11 Your tomorrow E wm starts here today fZ\ #n^( gos-ts -tk^t y^^^ cost-efficient mobile service I v jpaa gives you free voice calls n a I Free Local Calls and SMS/MMS within Company V^ II •No Monthly Subscription Charges im W v \^l I With Star Hub's pioneer initiative, you'll
      138 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Hearty French fare is alive and well
      639 12  -  Geoffrey Eu REVAMP Bistro Petit Salut Blk 44 Jalan Merah Saga, #01-54. Tel: 6474-9788 ONE year after popular French fine dining restaurant Au Petit Salut moved to its new location in the Dempsey Road area, the more casual home-style restaurant that took its
      639 words
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      217 12 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 Ping presents tempting Executive Lunch
      217 words
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  • DINING OUT WITH
    • Article, Illustration
      Lock icon Cuisine of choice: hawker food
      794 13  -  JAIME EE POWER Lunch By. IF Kenny Yap were a fish, he might well be a clown fish given his playful tendencies and almost-in-your-face exuberance. The head honcho of Qian Hu Enterprises is practically the face of the ornamental fish industry, such that he even
      ARTHUR LEE  -  794 words
    • Article, Illustration
      Lock icon Of black truffles and visual delights
      645 13  -  Jaime Ec NEW MENU Saint Pierre 3 Magazine Road, #01-01 Central Mall Tel: 6438 0887 IF you're a fan of truffle and size matters, head on down to Saint Pierre soon because Chef Emmanuel Stroobant has snared himself a big one. With Australia coming
      PHOTOS: JOHN HENG  -  645 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Brokering: more than just stocks
      735 14 Relationships play an important part when it comes to broker-assisted trades, QUAH CHIN CHIN reports THE Internet serves as a good tool for investors looking to execute trades at their own time and convenience. The fees involved in online trading are also slightly lower than
      LUDWIG ILIO  -  735 words
    • Article, Illustration
      Lock icon Business in Russia: how it ticks
      1012 14 CAMPUS LIFE SMU undergrads find out first-hand during a study trip, reports LIM WEN JUIN RUSSIA tends to have a grip on our imagination that few other places have. This is probably due in no small part to the numerous spy thrillers that depict
      1,012 words
    • Article
      Lock icon Be smart with your finances
      204 14 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
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      46 14 cftibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • CLIPPER ROUND THE WORLD RACE
    • Article, Illustration
      Lock icon New York takes the trophy
      1566 15 Hull Humber takes the runner-up spot with Glasgow: Scotland with style coming in third, writes VINCENT WEE WHAT a way to end! On the 240-mile high-profile race to the ultimate finish of the Clipper 07/08 Round the World Yacht Race at the Bar buoy at
      ONEDITION  -  1,566 words
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      1 15 gyg
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      65 15 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by ■n^'i'Mi THE BUSINESS TIMES Business Times journalist Vincent Wee, who did a circumnavigation on Uniquely Singapore Clipper in the 2005-2006 race and reported from onboard the boat in the first
      65 words
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  • ECONOMY WATCH
    • Article
      Lock icon Developing nations getting lectures on inflation
      495 16 Bloomberg But Fed, ECB, Bank of England would do well to put their own economic houses in order [PARIS] In a case of the pot calling the kettle black, the US Federal Reserve, the European Central Bank and the Bank of England are telling
      Bloomberg  -  495 words
    • Article, Illustration
      Lock icon ECB rate increase not meant to signal trend
      873 16 -NYT.AP Bank ups benchmark rate a quarter-point to fight inflation [FRANKFURT] For the European Central Bank (ECB), dedicated to slaying the dragon of inflation, the moment of truth arrived last Thursday. The bank raised its benchmark interest rate a quarter of a
      -NYT.AP; AP  -  873 words
    • Article, Illustration
      Lock icon Abu Dhabi body urges Gulf states to rethink US$ peg
      442 16 Reuters [DUBAI] Gulf Arab oil producers preparing for monetary union should reconsider a policy of keeping their currencies pegged to the weak dollar and look instead at a basket of currencies, an Abu Dhabi government body said. Saudi Arabia, the
      ■ Reuters; AFP  -  442 words
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      154 16 the* are wmnriMn KrGet yoihsn'ow!" sxc rays YOURSELF! r» Ut to. but noTHxnc th*t she omtt H/,DDCi.e!> (INcNvjLJbH) m I I Tune in to the New Morning Show. +q Ltkiqia/ VOUT Shake Bake with Suz and Sheikh. ru arartoi- v_i 101 OLitri RADI3O I 100% PUHE FUK WM»\ Wssis£ Find
      154 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Dr M quizzed by anti-graft agency
      192 17 Bernama [KUALA LUMPUR] Former Malaysian prime minister Mahathir Mohamad says he has been interrogated by the Anti-Corruption Agency (ACA) for three hours in relation to the findings of the Royal Commission of Inquiry into the V X Lingam video clip. "I am sure I
      Bernama  -  192 words
    • Article, Illustration
      Lock icon No-price hike rally goes ahead despite police ban
      534 17 -AFP Selangor chief minister tells 15,000 crowd he's urging govt to scrap hikes [KUALA LUMPUR] Some 15,000 Malaysians gathered at a stadium yesterday for an anti-inflation rally organised by Anwar Ibrahim's opposition alliance amid deepening political turmoil. The crowd chanted "PM resign"
      -AFP; AFP  -  534 words
    • Article, Illustration
      Lock icon Get to the bottom of it
      463 17  -  S JAYASANKARAN MALAYSIA INSIGHT PRIME Minister Abdullah Ahmad Badawi has promised to revamp Malaysia's judicial system. Well and good; but questions have also been raised about the other institutions of governance, particularly one of its most fundamental: the justice system, or the manner in
      463 words
    • Article
      Lock icon Arrests have weakened militant groups: Jakarta
      356 17 Reuters [KUALA LUMPUR] Indonesia's foreign minister said yesterday that the recent detentions of Islamic militants suspected of plotting to attack Western targets have weakened but not crippled terrorist movements in the country. Ten suspects, including a Singaporean, were detained and a large cache of
      – Reuters  -  356 words
    • Article
      Lock icon Plans afoot for 'shoe city'
      392 17 [KUALA LUMPUR] Malaysia is set to have its very own multi-million-ringgit integrated "shoe city" dedicated to promoting the country as one of the world's top footwear producers and designers, says a report in Malaysia's Business Times. Malaysian Footwear Manufacturers Association president Lisa Fong said a
      392 words
    • Article
      Lock icon Khazanah seen selling stake in healthcare provider
      232 17 Reuters [KUALA LUMPUR] Malaysian state investment firm Khazanah Nasional Bhd is in talks to sell its 72.5 per cent stake in healthcare service provider Pharmaniaga Bhd as it seeks to streamline its portfolio, a newspaper reported on Saturday. Khazanah plans to sell the
      – Reuters  -  232 words
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      1011 17 rotol SIUQAPORE urn ROTOL SINGAPORE LTD. (Incorporated in the Republic of Singapore) Co Reg No. *****0473W NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 17 Tuas Aye 9, Singapore *****7 on Wednesday, 23 July 2008 at 9:00 a.m. to transact the following
      1,011 words
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  • GREATER CHINA
    • Article
      Lock icon Taiwan regulator offers to help Polaris stabilise itself
      477 18 Bloomberg Financial supervisory panel's offer comes after brokerage's chairman is dead [TAIPEI] Polaris Securities Co, whose chairman Wayne Pai was found dead on Friday in an apparent suicide, will get assistance from Taiwan's Financial Supervisory Commission to help stabilise the island's second-largest
      Bloomberg  -  477 words
    • Article, Illustration
      Lock icon China shuts more factories for Olympics
      291 18 Reuters [BEIJING] Tianjin, a port city about 115 km east of Beijing, has ordered 40 factories to shut for the Olympics, the latest dramatic step taken by China to ensure that pollution does not spoil the Games next month. The factories, including two cement
      – Reuters; REUTERS  -  291 words
    • Article, Illustration
      Lock icon HK's Anson Chan to end political career
      372 18 Reuters She will not seek re-election in September polls [HONG KONG] One of Hong Kong's leading democrats, Anson Chan, said yesterday that she would not seek re-election in upcoming polls, striking a possible blow to the city's fractious pro-democracy movement at a difficult
      Reuters; AP  -  372 words
  • Page 18 Advertisements
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      2006 18 SHK^+ SKY ONE HOLDINGS LIMITED KfM£ (Incorporated in the Republic of Singapore) PT BERLIAN LAJU TANKER Tbk -S± ®?> Co. Registration No. *****2949 M «H^^ NOTICE OF ANNUAL GENERAL MEETING NOTICE TO laam^j NOTICE HEREBY G.VEN that the Annual Genera, Meeting of the Company wii, be heid at M Hotei,
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      Lock icon Page 18 Advertisements Column 2
      680 18 IN THE MATTER OF IN THE MATTER OF THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 AND AND IN THE MATTER OF IN THE MATTER OF ZUCCHINI DESIGN PTE LTD PANAFRO INVESTMENT PTE LTD COMPANY REG. NO: Company Registration No.: 2002-*****-Z *****4691 D (IN VOLUNTARY LIQUIDATION) d" VOLUNTARY
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  • INDIA
    • Article
      Lock icon Key party says nuclear deal is in the nation's interest
      468 19 -AP But Communist parties have threatened to withdraw support [NEW DELHI] A key regional party in India said on Saturday that it supports a nuclear deal with the United States, hinting that the party could provide the crucial numbers needed
      -AP  -  468 words
    • Article
      Lock icon Taking outsourcing to the Nth degree
      615 19 AFP Americans going online to outsource life's mundane tasks [WASHINGTON] One woman outsourced the breaking off of a relationship. A man sought bidders to clean his ears, and found someone highly qualified. Both turned to a new breed of US company that harnesses the
      AFP  -  615 words
    • Article
      Lock icon June gold imports fall 68% y-o-y
      202 19 Bloomberg [MUMBAI] Gold imports by India, the world's biggest buyer of bullion, slumped 68 per cent from a year earlier in June as high prices eroded demand from jewellers and investors. Purchases declined to 24 metric tonnes from 74 tonnes, according to provisional data
      Bloomberg  -  202 words
    • Article
      Lock icon Thousands uprooted by flash floods
      200 19 ■AFP [GUWAHATI, India] Flash floods triggered by heavy monsoon rains have washed away thousands of homes and displaced more than 50,000 people in India's northeastern state of Assam, officials said yesterday. A government spokesman said the state's eastern district of Lakhimpur was the worst hit,
      ■AFP  -  200 words
  • Page 19 Advertisements
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      9 19 LJI In I m,M I B_HL» j ',«yH sPHmagazines
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      Lock icon Page 19 Advertisements Column 2
      2261 19 If you are in any of these situations: You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch and
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  • WORLD
    • Article
      Lock icon More bear-market blues ahead as earnings reporting begins
      968 20  -  ANDREW MARKS WALL STREET INSIGHT Second quarter is seen by analysts as turning out worse than anticipated TRADERS will be coming back from their holiday weekend in less than high spirits, with few on Wall Street holding out much hope that the
      968 words
    • Article
      Lock icon UBS,credit Suisse may have to put aside more capital
      245 20 -AFP [GENEVA] Swiss banks ÜBS and Credit Suisse would have to set aside 70 billion Swiss francs (5593.1 billion) more in company capital as Switzerland's banking watchdog moves to prevent a repeat of the sub-prime crisis, a Swiss newspaper reported yesterday.
      -AFP  -  245 words
    • Article
      Lock icon PRIME LENDING RATES
      401 20 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America
      401 words
    • Article, Illustration
      Lock icon SEC to propose shift to international accounting rules
      604 20 ■NYT [WASHINGTON] Federal officials say that they are preparing to propose a series of regulatory changes to enhance American competitiveness overseas, attract foreign investment and give American investors a broader selection of foreign stocks. But critics say the changes appear to be
      ■NYT; BLOOMBERG  -  604 words
    • Article
      Lock icon UK MPs plan new probe into use of Diego Garcia by US
      302 20 -AP Suspicions grow terror suspects are transferred or detained on the island [LONDON] British lawmakers pledged yesterday to study the movements of planes and ships travelling to the remote British outpost Diego Garcia amid persistent suspicion that it
      -AP  -  302 words
    • Article
      Lock icon Hamilton takes chequered flag at British GP
      484 20 AFP [SILVERSTONE, England] Lewis Hamilton streaked to British Grand Prix victory yesterday, delivering a masterful drive in wet conditions to delight a vociferous home crowd and reignite his world title challenge. Consistent rain saw nearly all the drivers spin at some stage of
      AFP  -  484 words
    • WORLD WATCH
      • Article
        Lock icon Oil prices set to rise further: Opec head
        92 20 AFP [ALGIERS] Opec president Chakib Khelil has warned that oil prices will continue to rise because of the falling US dollar. He also commented on the geopolitical effects on the price of oil, notably the crisis between Iran and the West over
        AFP  -  92 words
      • Article
        Lock icon Microsoft to buy up MSN Israel portal
        69 20 Bloomberg [TEL AVIV] Microsoft will buy the 50.1 per cent stake it doesn't already own in the MSN Israel Internet portal from Internet Gold. Microsoft will operate the portal "independently" from October, the companies said yesterday in a statement distributed by PRNewswire, without
        Bloomberg  -  69 words
      • Article
        Lock icon Auction of letters from British royalty
        80 20 -AP [LONDON] Collectors paid thousands of pounds on Saturday for letters from British royalty to a trusted servant, including a note from the late Queen Mother Elizabeth requesting the aide pack bottles of gin and Dubonnet for an outing, "in case it is needed".
        -AP  -  80 words
      • Article
        Lock icon Iran ready for talks on nuclear programme
        65 20 -AFP [TEHERAN] Iran is ready to negotiate with world powers on its nuclear programme but without suspending its controversial uranium enrichment work. Iran on Friday delivered its response to a package drawn up by six world powers offering Iran technology and negotiations if
        -AFP  -  65 words
      • Article
        Lock icon Merrill may sell 20% stake in Bloomberg
        63 20 Reuters [NEW YORK] Merrill Lynch may sell its 20 per cent stake in financial news and data provider Bloomberg to a blind trust controlled by New York City Mayor Michael Bloomberg, reported the New York Post. The sale is part of a broader
        Reuters  -  63 words
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  • WORLD/ASIA-PACIFIC
    • Article, Illustration
      Lock icon Leaders turn up in full force for G-8 summit
      649 21  -  ANTHONY ROWLEY Meeting will cover issues on climate, inflation, nuclear proliferation THE G-8 summit which begins today in a tiny lakeside resort in northern Japan's Hokkaido prefecture will be a "mega" meeting in every sense of the word. It will be
      XINHUA  -  649 words
    • Article
      Lock icon Rich set to get richer when markets improve
      437 21  -  NEIL BEHRMANN THE rich and super rich will increase their share of the world's wealth when markets eventually turn upwards. So-called high net worth individuals (HNWIs), especially in Asia, have been building up their cash reserves. The potential flow into global markets
      437 words
    • Article
      Lock icon US credit card industry overhaul appears likely
      509 21 -NYT [WASHINGTON] Consumer advocates say regulation of the US credit card industry has long been without teeth. But as card holders struggle under the weight of big balances, high interest rates and fees, their pleas to lawmakers for help may well mean that
      -NYT  -  509 words
    • Article
      Lock icon STOCKS ASIA
      2892 21 Transaction date: Jul 4 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific !ank Of E Asia Jeida Jade Bird Jeijing
      2,892 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      122 21 Stock name Close Chani Caj .and 5.790 +0.070 Caj lall 3.120 +0.030 Citi 10.900 +0.240 Cosco Cor| 3.080 -0.020 DBS Gr| 18.680 +0.020 FSN 4.470 +0.020 Gent Intl 0.565 -0.005 HKLand 4.170 +0.140 JSH 16.980 +0.080 Jardine CSC 16.780 +0.020 tocl name lose range Con 10.660
      122 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      97 21 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 5 12 1 OOP 5 12 1 Manufacturing 44 151 38 29 50 180 45 Commerce 11 56 13 15 16 71 14 r/C. 33 36 Finance 31 33 Construction 16 24 ■roi
      97 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      127 21 TURNOVER ('000) MAIN SPQ TOTAL MAIN VALUE ('000) SPQ TOTAL Multi Ind 109,985 109,985 533,444 533,444 Manufacturini 1,078,695 147, ,740 1,226,435 971,493 13,324 984,817 Commerce 395,232 122,095 517,327 359,961 37,837 397,798 Tpt/Stor/Comms 415,478 15,917 431,395 1,253,669 6,075 1,259,744 Finance 125,233 957 126,190 1,275,673 241 1,275,914 Construction 110,
      127 words
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  • SHIPPING/AVIATION
    • Article
      Lock icon A culture of price-fixing in airline industry
      733 22 -AFP Lack of Asia-wide anti-trust provisions seen as a contributing factor [SINGAPORE] Last month's agreement by Cathay Pacific and three other airlines to plead guilty and pay more than half a billion dollars in criminal fines has shed light on industry price-fixing, analysts
      -AFP  -  733 words
    • Article
      Lock icon Airlines shed weight to boost fuel efficiency as oil prices soar
      593 22 AFP [TOKYO] Next time you take to the skies you may find there are fewer pages in your in-flight magazine, your fork is slimmer and your plate feels different. Blame it on soaring oil prices. The seat you are
      AFP  -  593 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2554 22 AIRLINE CODES: AA: Ameoican Airlines (AAL), AF: Air Foance (AFR), Al: Aio India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Aireoays Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Bounei Airlines Srdn Bhd (RBA), BO: Bouoaq Airlines (BOU), BR:
      2,554 words
    • Article
      Lock icon Air France in talks to start rail service
      411 22 -AP [PARIS] With the high price of fuel raising the cost of flying, Air France is looking into replacing some of its short-haul European flights with high-speed rail service in partnership with a French train operator, a move that analysts said could
      -AP  -  411 words
    • Article
      Lock icon Baltic Dry Index declines to lowest in 2 months
      359 22 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, declined to its lowest in more than two months as vessel queues eased at Chinese ports. Vessel congestion in China worsened as steelmakers and investors built iron ore
      Bloomberg  -  359 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      315 22 CRYPTIC CROSSWORD ACROSS 5 On the train after getting a fare (6) j^^^H^l 9 Climber found in dire cli- g—^ 10 Case for making appoint- BH BH BH fen^ IM ment about teatime (6) _BB__MM__MH_MH_^^B_MM_MM_ 13 In-depth photos of un- __^B^_^^B^^H known fish (1 -4) B^ HW^~^ II 14 Top
      315 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9034 23 Week ended: Jul 4 Hii »-wks Tel Low Code Com| Sale ('OOP) Hii Low B'u; Seller C'vr P/E $mil 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30 12 1938 AEI Corp 24.5 6 1100 AEM 41 16
      9,034 words
    • Article
      Lock icon SGX XTRANET
      74 23 52-Wk Tel High Low Code Last Sale Vol ('000) Week ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _H|< 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** *****
      74 words
    • Article
      Lock icon SGX CATALIST
      2065 23 Hii |h Low Code Comi >an< Sale C000) Hii Low Bu1 fer Seller C'vr P/E $mil 21 11.5 1181 s AAGrp 41.5 15 5000 s ABR Hldgs 32 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19 3518 s Afor 70.5 10 1524 s Alantac
      2,065 words
    • Article
      Lock icon CLOB INTERNATIONAL
      256 23 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      256 words
  • Page 23 Advertisements
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      378 24 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 4 World Index Preliminary 951.3 -0.4 -15.9 -0.4 -18.5 -0.4 -13.! t EAFE Prel liminai 899.1 -0.8 -19.8 -0.8 -20.1 -0.8 -15.1 Euroj Prelim
      378 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 24 As at 9am Jul4 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.3000 1.3150 .an dollar 1.3300 1.3460 Euro 2.1260 2.1510 NZ dollar 1.0210 1.0430 iterlini ind 2.6860 2.7171 US dollar 1.3530 1.3690 Local dollars to 100 units of foreign currency:
      130 words
    • Article
      Lock icon INTERBANK RATES
      171 24 Jul4 *L Offer Bii Overnight 3/8 1-month 15/16 2-months 1 1/16 3-months 1 5/32 Overnight mode: 1/2 US$ Offer 1/4 13/16 15/16 1 1/32 Bid 7 days 1 month 2 months 3 months 6 months I. 12 months $Au 2.55 2.65 2.85 2.95 3.20 3.35 3.55 Offer 2.45
      171 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 24 Jul4 ten >TI ilMSCI Jul 352.3 354.3 353.8 'aiwan Jul 278.4 279.4 272.6 Source: MF Global (S) He. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWORD RATES
      22 24 US$/ S$ FORWORD RATES Jul4 SS Bid Offer 1-month 1.3583 1.3595 2-months 1.3564 1.3578 3-months 1.3545 1.3559 6-months 1.3494 1.3507 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      273 24 Jul 4 tUBBER Futures (Closing prices) !SS 1 (S cents/kg) flonth High Low Close Sett Volume (tonnes) Open Interest <\ug 08 >ep 08 3d 08 MOV08 Dec 08 Ian/Mar 09 447.25 444.50 441.50 443.00 442.75 443.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      273 words
    • Article
      Lock icon CHICAGO BOT
      104 24 Jul 3 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 08 1658.00 1645.75 1660.00 1635.00 Aug 08 1649.00 1639.50 1652.00 1624.00 Sep 08 1637.25 1632.00 1642.00 1618.00 Nov 08 1631.00 1630.00 1635.50 1608.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul OS 67.33 66.77 67.50
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      72 24 CRUDE OIL PRODUCTS Jul3 origin^ t/barrel Close Cham irent blend (1-Mth F) 144.97 1.9 WTI (Near Mth) 145.29 1.15 iubai (1-Mth F) 140.65 3.58 "apis blend 152.8 4.2 i/linas 149.95 5.1 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 136.55 181.40 3.2: 8.. US$/barrel )pec Oil Basket Price 140.73
      72 words
    • Article
      Lock icon INTERBANK CROSS RATES
      463 24 Jul4 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: lustralia 0.979 6.604 0.613 7.504 41.570 88.694 1.027 10.111 3.144 1.271 66.995 43.707 1.310 7.469 0.986 29.258 32.215 0.486 0.963 Canada 1.021 6.744 0.625 7.663 42.451 90.574
      463 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 24 Jul4 'eriod Issue code Maturity Yesterday's Bid Hii Day's |h Low I-Month BQ*****Z 02.10.08 -Year BY*****N 04.05.09 0.42 0.72 0.3 0.3 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year N5O51OOF 2.625 i-Year N *****0V 1.625 '-Year N*****0S 2.875 0-Year NY*****A 4.000 5-Year
      89 words
    • Article
      Lock icon SIBOR
      70 24 Reuters SWAP Offer rates (Ss) 1 mth 0.***** 2 mths 1.***** 3 mths 1.***** Jul A 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 2.***** 3yrs 3.***** 4yrs 3.***** syrs 3.***** 7yrs 3.***** 10yrs 4.***** 12 yrs 4.***** 15yrs 4.*****
      : Reuters \  -  70 words
    • Article
      Lock icon PALM OIL
      64 24 Jul4 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Jul 08 3550 Aug 08 3620 Sep 08 3620 Oct 08 3659 Total o/p: ***** contracts 3565 3575 3550 3599 3620 3590 3630 3647 3614 3640 3660 3626 Turnover:
      64 words
    • Article
      Lock icon PRECIOUS METALS
      126 24 Jul4 /oz) long Kong .ondon 931.10 939.60 932.10 930.60 Jul 03 Jul OA 938.00 932.00 939.00 933.00 Source: Reuters CAST BAR (S$) JulOA Buying Sellini Kilobar "43,883.91" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !Ogm JOgm OOgm oz ozUBS Kinebar™ 98.44 279.27 498.62 939.46 2270.54
      126 words
    • Article
      Lock icon LONDON METALS
      62 24 Jul4 iri iiuiii, yy.i (US$/tonne) Close Previous :ash 3112.80 3136.21 months 3160.00 3184.01 Copper, Grade A (US$/tonne) :ash months 8650.50 8472.50 8826.01 8645.01 .ead (US$/tonne) :ash months 1548.00 1568.00 1586.01 1610.01 lickel (US$/tonne) :ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) :ash *****.00 *****.01 months *****.00 *****.01 inc,
      62 words
    • Article
      Lock icon LIFFE
      76 24 Jul4 (£/tonne) Close Prev Hii ih/Low JulO8 1662 1712 1711/1660 SepO8 1604 1659 1657/1599 Dec 08 1586 1631 1630/1576 Mar 09 1557 1601 1598/1549 COFFEE (US$/tonne) Close Pev High/Low Jul 08 2534 2538 2558/2525 SepO8 2478 2482 2507/2478 Nov08 2421 2426 2446/2418 Jan 09 2360 2355 2394/2360 SUGAR (US
      76 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 24 Jul4 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3092 1.3106 0.9624 0.9626 Canadian dollar 1.3370 1.3383 0.9828 0.9830 Euro 2.1375 2.1397 1.5712 1.5716 NZ dollar 1.0301 1.0313 0.7572 0.7575 iterlin. md 2.6967 2.6992 1.9823 1.9825 US
      156 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      341 24 Jul4 VOL OP/INT ur ti* EURODOLLAR FUTURES SepO8 DecO8 MarO9 JunO9 97.070 *****0 0 0 ***** m 4006 EUROYEN FUTURES SepO8 99.135 99.140 DecO8 99.090 99.090 MarO9 98.995 99.005 JunO9 98.910B SepO9 DecO9 Mar10 Jun10 99.135 99.080A 98.995 99.140 99.085 99.010 98.885 98.800 98.735 98.625 98.575 1194
      341 words
    • Article
      Lock icon BONDS & WARRANTS
      4234 24 BONDS WARRANTS Tel Code Com| Tel Code Company 2058 Advance Modules GrpW*****3 2036 Advance SCT Ltd W*****9 ArianeCorp Ltd W*****9 9092 Asia Environment W*****4 4481 Asia Water Tech Ltd W*****0 3816 SAsiasons Capital Ltd WO***** 8756 Asiatic Grp (H) Ltd W*****2 4105 #AsiatravelW*****7 4278 Auston Intl W*****5 2878 Aztech Systems
      4,234 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      1308 25 m The Business Times Shipping Times 4k UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPOTBN RTM/ANR/TIL STX PO TBN CDN/NFK/SAV/NOL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination PAN DYNAMIC DBI/ABU/DOH/DMM/KWT BRISA AZUL INC/BSN SILVER RIVER INC/BSN Loads Singapore, E./W. Malaysia, Indonesia Loads
      1,308 words
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      Lock icon Page 25 Advertisements Column 2
      1125 25 WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r V----\ ■*■_*> TEL:*****588 (14 LINES) FAX:*****163 V\\M 1 WAN HAI INpN <**"»« Scrvicc/BookingsDir«tLinc-(l 800)*****200 VVf^ll riftl LllltJ PKL TEL: {03) *****888 FAX: {03) *****288 PEN TEL: {04) *****00 FAX: {04)*****99 V* JOH TEL: {07) *****23 FAX: {07)*****21 SUR TEL: {031) *****75 FAX: {031) *****14/
      1,125 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      1454 26 RICKMERS-LINIE Round-the-World Pearl String Service Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com USA Service Vessel I Vov I SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB I NEN I NYC I CPE Rickmers Jakarta 239 09/07 19/09 24/09 04/10 Rickmers Shanghai 240 26/07 29/09
      1,454 words
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      Lock icon Page 26 Advertisements Column 2
      1065 26 iTg^ EASTERN CAR LINER. LTD I 111 Km SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS l|mmjJJJJ^^J I VQY I Ramp(KT) I Lilting(KT) I SIN I PKL JKT SUR I LCB I BTG I GENIUS STAR 31_ 45 60 10/07 13/07 I ENDEAVOR OAK 13 60 10/07 12/07 15/07 I
      1,065 words
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      Lock icon Page 26 Advertisements Column 3
      762 26 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL I VOY I SIN I PKL I [MB I NSA I [MB KOTAPAHLAWAN YPHOB6 Q2JUL OMIT OMIT lOJUL ISJUL HOWRAHBR 0074W 08JUL lOJUL I4JUL 16 JUL 21JUL NORDWELLE VNWOO4 15 JUL 17 JUL 21 JUL 23
      762 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      4865 27 __^^^^^^H PSL SERVICE Connecting AMX Service via P.KLANG Connecting ECL Svc via MALTA j VESSEL VOY SIN I PKL I KHI I DXB I BND MLA I VLC I BCN I GOA I DA~ EXT I HAM I ANR I LEH ANNAE PSL 8272 05/07 06/07 13/07 16/07 17/07 FIFTH
      4,865 words
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      Lock icon Page 27 Advertisements Column 2
      137 27 fiftl GLORY NAVIGATION GROUpI I( SINCE 1970 OWNS OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE ASIA PACIFIC PORTS m REGULAR WEEKLY SERVICES: m IKAOHSIUNG CHINESE PORTS, HONG KONG TO FROM SOUTHEAST ASIA I SINGAPORE :HIAPWOON SHIPPING (S)PTE LTD I 14 ROBINSON ROAD, #03-01
      137 words
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  • BizIT
    • Article, Illustration
      Lock icon Entertainment & media face dramatic changes: PwC
      1030 28 Entertainment media face dramatic changes: PwC Strategic alliances needed to cope with changes, writes AMIT ROY CHOUDHURY SINGAPORE entertainment and media (E&M) companies hoping to drive growth over the next five years will need to accommodate dramatic changes in devices, market and consumer behaviour by sewing up strategic business alliances,
      1,030 words
    • Article, Illustration
      Lock icon S'pore can become video game hub: top educator
      696 29 DigiPen founder says Republic can emulate Washington state, reports ONG BOON KIAT SINGAPORE can become a leading game development nation, thanks to strong government initiatives, a rigorous education system and rich imagination of youths here, says Claude Comair, founder and president of
      696 words
    • <what's new>
      • Article, Illustration
        Lock icon Motorola appoints new Asia handset VP
        67 29 MOTOROLA has appointed lan Chapman-Banks as the new corporate vicepresident and general manager of its mobile devices unit in Asia. In his new role he will oversee the company's handset subsidiaries across markets such as Japan, South Korea, South-east Asia and India. Based in
        67 words
      • Article
        Lock icon Inmarsat opens S'poresolutions labs
        67 29 SATELLITE services specialist Inmarsat has chosen Singapore to play host to its new Asia-Pacific solutions laboratory. The new facility will allow Inmarsat partners to showcase a full range of satellite solutions ranging from BGAN (broadband global area network) terminals to connectivity options for the logistics and
        67 words
      • Article
        Lock icon New regional head at Invensys
        79 29 TECHNOLOGY consulting firm Invensys Process Systems (IPS) has appointed Lawrence Wee as the new president of its operations in the Asia-Pacific region. Prior to joining IPS, Mr Wee was the regional head of security software firm McAfee, taking charge of the firm's subsidiaries across North
        79 words
      • Article
        Lock icon Akamai signs Web content deal with SPH
        84 29 CONTENT delivery solutions firm Akamai has clinched a contract with Singapore Press Holdings (SPH)to boost the Web performance of the media group's two online entities. Under the deal, Akamai's Dynamic Site Acceleration solutions will be deployed for Straits Times RazorTV, a new platform
        84 words
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        Lock icon DMX wins Chinese security contract
        71 29 MAINBOARD-LISTED DMX Technologies has won a managed security service contract from Anji-TNT Automotive Logistics, one of the largest logistics firms in China. Under the deal, Anji will use DMX's Vantage solutions to secure its enterprise network. It also makes the Chinese firm an early customer
        71 words
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      Lock icon Save on power with Avocent
      758 30 This series is brought to you by Avocent Its power management software helps monitor data centre energy consumption and cut wastage AVOCENT's new power management solution enables users to monitor and measure the power consumption and energy usage of IT equipment in data centres in
      758 words
    • Article
      Lock icon Importance of cutting IT load
      426 30 THERE is a 120 per cent "Infrastructure Tax" imposed by the supporting infrastructure on IT related power loads. Eliminating unnecessary IT load is an imperative to keeping power costs as low as possible, while concurrently helping to minimise the carbon footprint of the data centre.
      426 words
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      Lock icon Website offers ERP rates at click of a mouse
      907 31 It offers ERP charging info, helps motorists plan routes, reports AMIT ROY CHOUDHURY AS motorists try to figure out how much more ERP (electronic road pricing) charges they will have to pay from today, one enterprising Singaporean start-up company, Portal One
      907 words
    • Article
      Lock icon One in four Asian banks hit by phishing attempts
      506 31  -  WINSTON CHAI Online security still not seen as a prime concern: survey By! MORE than 25 per cent of banks in the Asia-Pacific region have been hit by phishing attempts over the last 12 months, a study by security software specialist
      506 words
    • <what's new>
      • Article, Illustration
        Lock icon NEC improves usability with new projector
        115 31 NEC has launched the NP9OS, the latest addition to its family of desktop projectors. The new model is based on LCD (liquid crystal display) technology and comes with a host of connectivity and usability improvements. The NP9OS is equipped with a USB port and
        115 words
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        Lock icon Motorola Razr2 to don a shade of pink
        96 31 MOTOROLA is hoping to cater to the tastes of fashion-conscious ladies by offering a new "rose gold" version of its Razr2 handset. The new metallic pink hue is touted to accentuate the phone's "seamless" design theme, which features a smooth polished finish
        96 words
      • Article
        Lock icon Free mobile maps from SLA
        80 31 THE Singapore Land Authority (SLA) has partnered with Map King to introduce a mobile local street directory. Called SLA Street Map Mobile, the maps can be downloaded for free to any Windows Mobile smartphone or handheld. These maps incorporate nearly 2,000 building names and 4,200
        80 words
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        Lock icon Logitech turns the PC into a home theatre
        95 31 LOGITECH promises to turn the computer into a home theatre powerhouse with its new Z Cinema Surround System. It features a unique three-amplifier design that is typically used in higher-end audio setups for delivering high-quality sound. It uses a USB interface for
        95 words
      • Article, Illustration
        Lock icon No need for wires with new Philips Hi-fi
        108 31 PHILIPS has launched a new Hi-fi system that can link up with audio devices like phones and music players without using wired connections. The 8TM630 Hi-fi system uses Bluetooth to wirelessly hook up to external media sources. It even has an iPod
        108 words
    • Article
      Lock icon Check out if that website is down for everyone or just yo
      295 31 NYT [SAN FRANCISCO] Alex Payne, a 24-year-old Internet engineer in San Francisco, has devised a way to answer a commonly asked question of the digital age: Is my favourite website working today? In March, Mr Payne created downforeveryoneorjustme.com,
      NYT  -  295 words
    • BizIT FOCUS
      • Article, Illustration
        Lock icon New technologies heating up green IT movement
        1332 32 GREEN COMPUTING Momentum gathers for wave of green computing that promises to boost energy efficiency, reports ONG BOON KIAT PURITAN eco-lobbyists might well be sceptical about the motives behind the current wave of eco-friendly technology practices and products offered by high-tech vendors. After
        AFP  -  1,332 words
      • Article
        Lock icon Green storage can reap huge savings
        435 32  -  ONG BOON KIAT A look at 10 energy-sawy storage technologies STORAGE systems could be the best place to begin your organisation's green IT overhaul. A recent report by the US Environmental Protection Agency (EPA) revealed that data storage devices have the highest energy consumption
        435 words
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      99 28 How will Avaya change the way you work? Just ask any of the one million companies worldwide that use Avaya communications software for IP Telephony, Unified Communications, Contact Centres or Communications Enabled Business Processes. They'll tell you how Avaya Intelligent Communications solutions are helping them do business in new ways
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  • Page 28 Miscellaneous
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      238 29 THE LEADERS NETWORK: A MEETING OF LEAPING MINDS Presented by: Strategic partner: ■M^F Bn Singapore *.\'l* 11 1 9 1T* I»J 1-m'J !.-&lt;« f 111 t-» JL*Kh ■«JJ^^A3l«Kll*^^Jll«H irJJJJ, It =^LHI|JI|*JI lIIHIU ,-u__r__,,__ V. business U rDaM —1&gt; FEDERATION AN EXCLUSIVE DINNER DIALOGUE Financing growth and acquisitions by applying m
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      341 31 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
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      157 32 ,J^W I I—— 1 ■y «r |i IW— CommScope products stand alone as the essential data center foundation, delivering the reliability and performance for maximum business success now and into the future. In fact, even as the digital universe grows at an exponential rate, the built-in Intelligence of SYSTIMAX® data
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      8 32 This series is brought to you by CommScope*
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