The Business Times, 9 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
    22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg •V A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Wednesday, July 9,2008
    22 words
  • Article, Illustration
    Lock icon G-8 climate deal to lift long-term gloom
    770 1  -  ANTHONY ROWLEY Grouping agrees to halve emissions by 2050; less progress on oil, food prices By in Toyako, Japan THE leaders of the world's eight richest nations yesterday achieved what some hailed as a significant breakthrough in the battle against climate change when
    AFP  -  770 words
  • Article, Illustration
    Lock icon Developers offer agents fatter cuts to push projects
    731 1  -  KALPANA RASHIWALA In some segments, commissions have doubled compared to a year ago By [SINGAPORE] Developers are paying property agents bigger commissions in some cases almost double of what was offered a year ago to push their new residential project launches. This
    FILE PHOTO  -  731 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      48 1 uesi lay lange KL COMP 1,121.25 -6.01 NIKKEI 225 13,033.10 -326.94 HANG SENG 21,220.81 -692.25 SET INDEX 722.50 -8.06 JAKARTA COMP 2,278.97 -24.85 MANILA COMP 2,450.55 +35.89 SEOUL COMP 1,533.47 -46.25 SHENZHENB 473.02 -5.08 MUMBAI IND 13,349.65 -176.34 12N00N EDT Change DOW 11,252.96 +21.00 NASDAQ 2,249.48 +6.16
      48 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
      44 1 us$ s$ US$ (S$ per US$) 1.362 (US$/S$ per 1.977 2.691 EURO (US$/S$/E) 1.573 2.142 YEN 106.40 78.10 RM 3.261 2.395 HK$ 7.802 5.730 BAHT 33.69 24.74 RUPIAH 9,207 6,762 RENMINBI 6.853 5.033 INDIAN RUPEE 43.34 31.83 A$ 1.048 0.770 NZ$ 1.330 0.977
      44 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      55 1 EXEC MONEY MOTORING #s^Pll|b^ HOME LOANS BE INSPIRED I Oil market at its Car dealers offer M W/J^r flQ£^m I HSBC offers radical Zap for daily inspiration, tipping point? Fl tickets to buyers E gy HEB^i m new package Win a Zegna Sports PAGE 32 PAGE 30 PAGE 2 Gym
      55 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon HSBC's new home loan package inverts model
      704 2  -  SIOW LI SEN Customers may pay lower rates in successive years in Sibor-pegged deal By [SINGAPORE] HSBC is launching a radical home loan package featuring a decreasing interest rate spread which is making some rivals scratch their heads. HSBC's new Siborpegged home loan
      FILE PHOTO  -  704 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Sovereign funds meet in Spore to hammer out code
        78 2 SOVEREIGN wealth funds (SWFs) that control an estimated US$3 trillion in assets will meet in Singapore this week to discuss a code of ethics aimed at allaying Western fears that their investments are politically motivated. The International Monetary Fund's international working
        78 words
      • Article
        Lock icon Frasers Centrepoint in $180m Allco deal
        56 2 IN what appears to be a sign of consolidation in the Singapore real estate investment trust (Reit) market, Frasers Centrepoint is buying 17.7 per cent of Allco Commercial Reit and 100 per cent of the Reit's manager, Allco Singapore, for a total consideration of
        56 words
      • Article
        Lock icon Auric Pac to raise Food Junction stake
        40 2 MAINBOARD-LISTED Auric Pacific Group, which already owns 29.9 per cent of Food Junction Holdings, plans to make a partial offer to raise its stake to above 50 per cent. COMPANY NEWS, PAGE 9
        40 words
      • Article
        Lock icon Sino-Env raises $76m through bond issue
        45 2 SINO-ENVIRONMENT Technology Group yesterday raised $76 million by issuing $149 million of 4 per cent convertible bonds, with a $67 million concurrent equity-swap deal designed to allow investors to hedge their exposure to its stock. COMPANY NEWS, PAGE 10
        45 words
      • Article
        Lock icon Super-prime Orchard mall rents hit record $54.40 psf
        74 2 CHANEL, Gucci, Louis Vuitton are big brands that scream "high fashion" on Orchard Road. But lately, the screams are more likely to be the painful result of rising rents. CB Richard Ellis said that super-prime retail space defined as space facing Orchard
        74 words
      • Article
        Lock icon Inflation may spiral out of control: EU official
        67 2 EURO nations are risking a price spiral as inflation hits record levels on soaring oil and food costs, the European Union's top economy official said. Yearly inflation in the 15 countries that share the euro spiked to an estimated 4 per cent
        67 words
      • Article
        Lock icon Muslim nations warn of food, fuel disaster
        77 2 WARNING that escalating food and fuel prices could lead to disaster, a group of developing Muslim nations yesterday called for urgent measures to lift food and oil output and a rethink on biofuels. Malaysia and Indonesia, the world's largest producers of palm oil,
        77 words
      • Article
        Lock icon China home prices seen falling further
        71 2 PROPERTY prices in China will fall further because demand is weak and the government probably won't relax restrictions on home loans, according to Citic Ka Wah Bank chief economist Liao Qun. "Policy targets with respect to the property market are still some way from
        71 words
      • Article
        Lock icon Car dealers offering buyers Formula 1 tickets
        67 2 AUTO distributors are rewarding car buyers with Formula One tickets, despite the Fl organiser warning that these cannot be used for advertising or promotional purposes. But Audi distributor Premium Automobiles is offering potential customers the chance to win eight special suite tickets worth
        67 words
    • Article
      Lock icon Cash over equities, says Jim Rogers
      518 2  -  JAMIE LEE Commodities guru bullish on Ss, waiting to buy more China stocks By [SINGAPORE] Hold cash over stocks in the Singapore market, said prominent investor Jim Rogers, who has been buying into foreign currencies such as the Chinese renminbi, the Japanese yen and
      518 words
    • Article
      Lock icon Sovereign funds – S'pore meet to hammer out code
      489 4 Sovereign funds S'pore meet to hammer out code IMF working group to meet for two days to work out a set of voluntary guidelines [SINGAPORE] Sovereign wealth funds (SWFs) that control an estimated US$3 trillion in assets will meet in Singapore this week to discuss a code of ethics aimed
      489 words
    • Article, Illustration
      Lock icon High-wire balancing act when F1 circus comes to town
      605 4  -  NISHA RAMCHANDANI COMMENTARY Trick is to make sure that retailers and non-fans are not alienated by event By Trackside hotels, which have upped room rates considerably, also stand to benefit even with the 30 per cent government tax tacked on to
      605 words
    • Article, Illustration
      Lock icon F1 teams hope to see the light on Singapore trip
      494 4 Reuters [LONDON] Formula One teams will send experts to Singapore in the next few weeks to help them overcome some of the technical challenges posed by the sport's first night race, according to Honda team boss Ross Brawn. "We are
      – Reuters  -  494 words
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      Lock icon Page 2 Advertisements Column 1
      606 2 FACTORY FOR SALE MEff TUAS AVENUE 9 S JWr^l^ Excellent frontage %f (facing Pioneer Rd) Good Corporate Image jb^ Part 3, Part 6 purpose-built bldg I Wide Driveway 40 ft access i 811 I' Lancl area: a PProx 172/°OO saft I GFA: approx 350,000 sqft I Call: 9111 7775/9685 7557
      606 words
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      Lock icon Page 2 Advertisements Column 2
      121 2 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! To Zap: 1) Download Color Cam™ Via
      121 words
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      16 words
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      61 4 (J\duorest( vgs§^, Li '1 Because comfort matters. 1 Leader DR-7500G Lady DR-290 Chairman DR-120 i I Truly 3 revolutionary ergonomic design.?.:.1 jg^j (or professionals as well as family members fjB^SU in mind. A single chair with versatility. K«S Endorsed Certified BUrRI! Singapore <<tt| Endorsed Recommended by: HH Physiotherapy Association L_
      61 words
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      Lock icon Page 4 Advertisements Column 2
      23 4 fc tkl Lianhe Zaobao I SffiilK Renowned Chinese economist I takes out ad I to apologise for Yi3ktstaffwww.ST7oi.coM I jobs cars property shops
      23 words
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      Lock icon Page 4 Advertisements Column 3
      50 4 HyP FIND THE ONES piAP y THAT FIT! d p j i Recruit the right people through CATS Recruit. 1 j —jr— p-^ Call 1800 289 8822 or email f" r" Cl recruit@sph.com.sg to advertise. >, I f RECRUIT r' > 1 f m j= »J_, J^ i-m <rr ZTij
      50 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      157 5 a JBftJ^i /i c h b ./I iff W It I Worldwide, there are 6,912 languages in use. But only one you want to hear from your bank. Yours. Perhaps it's time you had a Gold Conversation. As a Citigold client, you'll enjoy total support with Home Connect, a service
      157 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Frasers Centrepoint in $180m Allco deal
      579 6  -  EMILYN YAP Allco Commercial Reit to be renamed Frasers Commercial Trust By IN what appears to be a sign of consolidation in the Singapore real estate investment trust (Reit) market, Frasers Centrepoint (FC) is buying 17.7 per cent of Allco Commercial Reit and 100
      FILE PHOTO  -  579 words
    • Article
      Lock icon June's US$4.8b outflow is 2nd largest suffered by Asia funds
      494 6  -  CHEW XIANG By INVESTORS redeemed US$4.B billion from Asian equity funds in June the second-largest monthly outflow ever, according to a Citi research note. Citing data from EPFR Global, which tracks fund flows worldwide, Citi said a net US$ll.4 billion
      494 words
    • Article, Illustration
      Lock icon Dayen exec chairman forced to sell more shares
      492 6  -  JAMIE LEE By DAYEN Environmental's executive chairman John Lee who has gone on leave starting July 7 has been forced to sell another 5.8 million shares, regulatory filings showed yesterday. Mr Lee sold 2.81 per cent of his stake at 12.77 cents
      FILE PHOTO  -  492 words
    • Article
      Lock icon Can new NOL captain pull rabbits out of his boxes?
      503 6  -  VINCENT WEE MARKETS do not like surprises, especially sudden changes, even though they may be for the long-term good. In the wake of the shock announcement of Thomas Held's resignation as CEO on Monday, the shares of Neptune Orient Lines
      503 words
    • Article
      Lock icon Auric Pac to raise Food Junction stake
      397 9  -  CHOW PENN NEE Partial offer at 31% above Friday's price; offeror seeks majority stake By MAINBOARD-LISTED Auric Pacific Group, which already owns 29.9 per cent of Food Junction Holdings, plans to make a partial offer to raise its stake to above 50 per
      397 words
    • Article
      Lock icon Stratech appoints SITA as reseller for iFerret
      323 9  -  NISHA RAMCHANDANI By MAINBOARD-LISTED Stratech Systems has appointed IT business solutions provider SITA as the international value-added reseller for its runway surveillance and foreign object and debris (FOD) detection system, iFerret. iFerret, which can be used at both commercial airports and military airbases,
      323 words
    • Article
      Lock icon Sembmarine unit's Atwood rig contract worth US$565m
      402 9  -  VINCENT WEE Reports by SEMBCORP Marine unit Jurong Shipyard has disclosed the details of a second semi-submersible rig order from Atwood Oceanics Pacific, which it announced last week. The contract to build the ultra-deepwater semi-sub-mersible drilling rig is worth US$565 million, not including
      402 words
    • Article
      Lock icon Sembcorp Marine unit unveils Japan Drilling's 1st overseas rig
      312 9 SEMBCORP Marine unit PPL Shipyard was honoured yesterday to launch Japan Drilling's first rig built outside Japan. The Baker Marine Pacific Class 375 jack-up rig was christened Hakuryu-10 by Mariko Murata, the wife of Japan Drilling president Minoru Murata. "The naming
      312 words
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      Lock icon Page 6 Advertisements Column 1
      167 6 The OASIS Companies Sensible High Yield/Impeccable Credentials Agent/Broker Required for the MIDDLE EAST FAR EAST www.oasisroi.com OASISASIA International Ltd. The Straits Times The Business Times Online. The latest news. Any time, anywhere. iiewliver-ranfcrlherapy g»" I S2S.. 3.019.73»,-,, «~,,m™,'. b": n°o',«"°l": fee c ""'"""'W"v. p=, xn- si ,i UI i£l 'S^tJ^fiHr?^
      167 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon FX haves, have-nots and the maybes
      701 8 CURRENCIES Soaring oil and sliding stocks draw sharper lines for FX winners and losers THESE days, it has become far less useful to describe global currency action in terms of a weak or a strong US dollar because it all depends on which currency
      701 words
    • Article
      Lock icon Financial market recap
      224 8 The week s changes YEAR TO DATE JULY 8'08 HIGH LOW CLOSE CHNG US$ VS CURRENCY JPY 106.54 1.00 112.05 95.71 SGD 1.3628 0.19 1.4542 1.3457 IDR 9205 -0.16 9500 9035 THB 33.67 0.63 33.73** 31.00 CNY 6.8510 -0.07 7.2085 6.8509* MYR 3.2610 -0.17 3.3120 3.1310 CURRENCY
      224 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      91 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 9 5 0 0 0 3 9 5 lanufacturing 23 101 47 15 14 27 116 61 Commerce 41 12 10 10 51 14 'pt/Stor/Comms 26 27 :inance 24 25 Construction 12 16 'roperties 30
      91 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      108 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lultl Ind 18,542 18,542 90,514 90,514 lanufacturing 232,628 20,676 253,304 230,778 1,833 232,611 Commerce 73,467 22,837 96,304 62,796 6,585 69,381 'pt/Stor/Comms 90,801 1,876 92,677 226,897 695 227,592 :inance 35,155 35,156 312,528 312,528 Construction 19,730 48,885 68,615 3,275 964 4,239 ■roperties 45,063
      108 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      108 8 lapitaLand 5.780 -0.100 lapitaMall 3.050 -0.100 jtyDev 11.000 -0.300 losco Corp 3.150 -0.010 IBS Grp 18.480 -0.300 :&N 4.390 -0.040 Sent Intl 0.555 -0.020 IK Land 4.360 +0.040 ISH 17.200 lardineC&C 16.100 -0.540 leppel Corp 10.660 -0.100 leppel Land 4.700 -0.110 IOL 2.980 -0.190 loble Grp
      108 words
    • Article
      Lock icon BROKERS' TAKE
      763 8  -  JOYCE HOOI Singapore Telecom Sector OCBC INVESTMENT RESEARCH, July 8 THE introduction of true mobile number portability (MNP) on June 13 in Singapore was greeted with a big bash, with both Sing Tel and Star Hub holding roadshows on June 12-15, in conjunction with the PC Show 2008.
      763 words
    • Article, Illustration
      Lock icon Markets plunge on Wall Street fears
      536 8  -  R SIVANITHY STOCKS SUDDEN expectations of a Tuesday Wall Street plunge, possibly on the release of either poor economic and/or earnings news, yesterday brought ferocious selling pressure to bear on stock markets everywhere including Singapore's. With Hong Kong plunging 3.2 per cent, the September
      536 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      60 8 Jul 8 VALUE CLOSE BT OB/OS -1158.00-140.00 BT CADI -*****.00-267.00 BT 10-day MA -*****.00-115.00 FTSE ST Mid Cap 694.65 -16.32 FTSE ST Small Cap 578.56 -14.21 FTSE ST All Share 724.91 -13.48 FTSE ST China Top 404.24 -13.35 FTSE ST China 401.63 -11.36 UOB Catalist 129.30 -3.17
      60 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 8 VOLUME Golden Agri 44,838,000 Sapphire 41,705,000 Inno-Pac 40,000,000 Sing Tel 27,325,000 Li Henq 25,951,000 Gent Intl 24,173,000 China Honqxinq 23,641,000 DBS DBeCWOBIOI3 19,969,000 Ferrochina 18,572,000 JiutianC 16,851,000 VALUE(S) DBS Grp 111,534,920 Sing Tel 95,835,460 UOB 69,509,680 SGX 59,915,590 Keppel Corp 55,362,560 Capita Land 51,946,450 OCBC Bk 49,353,560
      59 words
    • Article
      Lock icon RISES
      98 8 CLOSE UP 9184 157.9 LP 10US$ 1. JUE 1350 48.0 3. IMH 3060 13.6 0. IOIL 192 12.3 4. ;TI 2950BNPePW*****8 40 9.0 29.' ;GAePW*****3 38 8.5 28.: iBS Bk6% NCPS 10 ***** 8.0 0.1 itraits Trdi 723 8.0 1.1 :iMBAsean40 100US$ 873 6.8 0.' ;TI 3000SGAePW*****0 31 6.5
      98 words
    • Article
      Lock icon FALLS
      114 8 CLOSE DOWN China H 10US$ 1450 -69.4 -3.4 lardine C&C 1610 -54.0 -3.2 India Ni 10 1227 -47.0 -3.7 DBS MBLJCW*****0 475 -45.0 -8.7 :it 1100 -30.0 -2.7 DBS Gr| 1848 -30.0 -1.6 .PC 686 -27.0 -3.8 filmar 467 -26.0 -5.3 ;gx 659 -22.0 -3.2 UOB 1838 -22.0 -1.2
      114 words
    • Article
      Lock icon CURRENCIES
      86 8 Wh lere S! i$ stands Jul 8 CHNG CLOSE FRJul 7 YR2008 S$ LOW S$ HIGH uss 1.3628 0.10 1.4542 1.3457 Euro 2.1427 -0.36 2.2064 2.0474 Pounds 2.6940 -0.29 2.8431 2.6568 1.3002 0.47 1.3235 1.2349 'en* 1.2791 -0.82 1.4484 1.2619 Rupiah* 0.***** 0.05 0.***** 0.***** Baht* 4.0475 -0.05 4.4299
      86 words
    • Article
      Lock icon Sino-Env raises $76m through bond issue
      463 10  -  CHEWXIANG Convertible bond with equity-swap deal allows hedging exposure to its stock By SINO-ENVIRONMENT Technology Group yesterday raised $76 million by issuing $149 million of 4 per cent convertible bonds, with a $67 million concurrent equity-swap deal designed to allow investors to hedge their
      463 words
    • Article, Illustration
      Lock icon Design Studio wins $46m new projects
      400 10  -  YEN SREENIVASAN By MAINBOARD-LISTED Design Studio Furniture Manufacturer has clinched new projects worth 5546.1 million in Singapore and Dubai. The interior fit-out specialist has just been awarded a $19.1 million project to supply and install joinery products for the luxury apartments in Burj Dubai,
      400 words
    • COMPANY BRIEFS
      • Article
        Lock icon Koon HIdgs expects to incur one-off charge
        37 10 KOON Holdings warned yesterday that its restructuring and rationalisation programme is likely to result in a one-off charge and negatively affect its performance for the half year ended June 30.
        37 words
      • Article
        Lock icon Kingsmen order book hits $166.5m
        50 10 KINGSMEN Creatives said that as at the end of June 2008, the group has been awarded contracts of approximately $166.5 million. Of this amount, approximately $134.8 million is expected to be recognised in FY2OOB. The contracts will contribute positively to the group's performance for FY2OOB.
        50 words
      • Article
        Lock icon Heng Long IPO fully subscribed
        56 10 THE initial public offering of Heng Long International Ltd, one of the five top-tier tanneries of crocodilian leather in the world, has been fully subscribed. The company offered a total 68 million shares at 34 cents each. The IPO comprised 65 million shares for placement
        56 words
      • Article
        Lock icon Macquarie fund in Arqiva deals
        57 10 MACQUARIE International Infrastructure Fund has entered into an agreement to acquire its proportionate pre-emptive rights in relation to a 6.49 per cent interest in Macquarie UK Broadcast Holdings (Arqiva) from Challenger Towers. It has also entered into an agreement to on-sell such interest to Macquarie
        57 words
    • Article
      Lock icon FerroChina 'seeks US$200m loan'
      192 10 Reuters CREDIT Suisse is arranging a USS2OO million loan for Singapore-listed steel maker FerroChina to refinance debt and for other corporate needs, banking sources said yesterday. The three-year syndicated loan will offer 450 basis points above the London interbank offered rate (Libor), one of the sources
      ■ Reuters  -  192 words
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      1160 9 JY3 n 7 RAKI VC Deutsche Zentral" Genossenschaflsbank, Frankfurt am Main, Platz der Republik, ***** Frankfurt am Main, Germany L/fc DMIN r\ Singapore Branch: 50 Raffles Place, #43-01, Singapore Land Tower, Singapore *****3 Consolidated Balance Sheet Consolidated Income Statement as at 31 December Year ended 31 December In EUR million
      1,160 words
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      14 9 JuChunYuan CATS Recruit The first door to your world of opportunities I I o_
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      2819 10 VOLUNTARY CONDITIONAL CASH PARTIAL OFFER by STIRLING COLEMAN CAPITAL LIMITED (Incorporated in the Republic of Singapore) (Co. Reg. No.: *****5040N) for and on behalf of APG STRATEGIC INVESTMENT PTE LTD (Incorporated in the Republic of Singapore) (Co. Reg. No.: *****6998E) an indirect wholly-owned subsidiary of AURIC PACIFIC GROUP LIMITED (Incorporated
      2,819 words
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  • SINGAPRE NEWS
    • Article, Illustration
      Lock icon Applied Materials to set up US$70m facility
      527 11  -  ONG BOON KIAT New operations hub expected to double US firm's workforce in Spore to 800 By US chip-equipment maker Applied Materials is setting up a US$7O million operations centre in Singapore. Expected to be ready by end-2009, the facility is likely to
      527 words
    • Article, Illustration
      Lock icon Swedish business leader joins Temasek board
      274 11  -  CONRAD TAN By TEMASEK Holdings has appointed a top Swedish business leader, Marcus Wallenberg, to its board. Mr Wallenberg, 51, is a former chief executive and president of Sweden's largest industrial holding company, Investor AB, which he headed from 1999 to 2005. He is
      274 words
    • Article
      Lock icon MasterCard holders' GSS spending up 27%
      319 11  -  NISHA RAMCHANDANI S'poreans spend USs23Bm, up 33%, in first month By SALES for the first month (May 23 to June 21) of the Great Singapore Sale appear to be strong, with Singaporean MasterCard holders spending some US$23B million, a third more than the previous
      319 words
    • Article
      Lock icon Citigold Asia-Pac support centre here
      236 11 CITIGOLD said that it has set up a global support centre in Singapore to serve the Asia-Pacific region. This allows its Citigold customers who have more than $250,000 in investable assets to access its services wherever they move to. With this service, Citigold said that
      236 words
    • Article, Illustration
      Lock icon FISHY BUSINESS
      92 12 MORE than 30 volunteers from Capita Land's various business units accompanied about 60 children and five staff members from Cannosaville Children's Home as they spent over two hours touring Changi Airport's Terminal 3 recently. Among their stops was the koi pond in the secured area where the kids
      92 words
    • Article
      Lock icon Super-prime Orchard mall rents hit record $54.40 psf
      662 12  -  ARTHUR SIM 5.3% increase gog is highest of all retail micro markets tracked by CBRE By CHANEL, Gucci, Louis Vuitton are big brands that scream "high fashion" on Orchard Road. But lately, the screams are more likely to be the painful result
      662 words
    • Article
      Lock icon Morley aims for US$10b Asia-Pac property portfolio
      368 12  -  EMILYN YAP By MORE property deals in Singapore and the region could be in the making for Morley Fund Management, as it aims to build a US$lO billion real estate portfolio across the Asia-Pa-cific in the next four to five years. The Aviva-owned
      368 words
    • Article
      Lock icon Hamilton Scotts offers a garage in the sky
      319 12  -  LIM WEN JUIN By IF you are the sort who cannot bear to take your eyes off your beloved car when you are ensconced in your home, then make an appointment to view the apartment units at Hamilton Scotts. Located at 37
      319 words
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      2727 11 "EH Company Registration No. *****4719G S) Singapore yellow peget* Incorporated in the Republic of Singapore NOTICE IS HEREBY GIVEN THAT THE STH ANNUAL GENERAL MEETING of Yellow Pages (Singapore) Limited (the "Company") will be held at Jewel Room, Level 3, Park Motel Orchard, 270 Orchard Road, Singapore *****7 on Friday,
      2,727 words
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      2574 12 I I H T C X TANG LIMITED jw% m^MM m^^ (Incorporated in the Republic of Singapore) If^^T^Sll Al^X^^^ (Registration No. *****0023H) T NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Company will be held at Raffles Town Club, 1 Plymouth m ncneniATiniUMn laanruanciN^mpnoATm lM TUC nreilßl
      2,574 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Inflation may spiral out of control: EU official
      550 13 -AP Second-round price pressure effects raising its head in some euro areas [BßUSSELS] Euro nations are risking a price spiral as inflation hits record levels on soaring oil and food costs, the European Union's top economy official said. Yearly inflation in the
      -AP  -  550 words
    • Article
      Lock icon NZ economy could be in recession, says Treasury
      386 13 -AP [WELLINGTON, New Zealand] New Zealand's Treasury department joined economists yesterday in warning that the country's economy may have slipped into recession, after recording negative growth in the three months ended March 31. "It is possible that the economy has experienced a
      -AP  -  386 words
    • Article
      Lock icon Vietnam import slowdown a 'welcome sign'
      365 13 -Bloomberg [BERKELEY, California] Vietnam's slowdown in imports indicates the government's efforts to stabilise the economy may be working, damping concerns the country is facing a currency crisis, according to a report by Moody's Corp. Vietnam imported US$6.B biUion of goods last month, according to
      -Bloomberg  -  365 words
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      3249 13 ro™™ilffi^JS)oS3l) LTD' AZEUS SYSTEMS HOLDINGS LTD. KSH HOLDINGS LIMITED (Incorporated In Singapore) (Incorporated in Bermuda on 10 May 2004) Registration No. *****3337G ne.on^eu.o^n^DTmn.T^o NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at 3pm on Monday, 28 July LOSS OF SHARE CERTIFICATES 2008 at
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Muslim nations warn of food, fuel disaster
      768 14 Reuters They call for urgent measures to raise food, oil output; rethink on biofuels [KUALA LUMPUR] Warning that escalating food and fuel prices could lead to disaster, a group of developing Muslim nations yesterday called for urgent measures to lift food and oil
      Reuters; REUTERS  -  768 words
    • Article
      Lock icon Mahathir slams 'apologists' in Western press denouncing him
      510 14  -  S JAYASANKARAN Many Umno leaders Najib too afraid of PM, he also says By in Kuala Lumpur GOING by recent postings on his blog, former premier Mahathir Mohamad appears increasingly bitter about the labels his detractors have given him. In one posting,
      510 words
    • Article
      Lock icon Indonesia may spend 300t rupiah on fuel subsidies
      221 14 Bloomberg [JAKARTA] Indonesia may have to spend as much as 300 trillion rupiah (5544.4 billion) to cap fuel prices next year as oil surges, Finance Minister Sri Mulyani Indrawati said. The government may set its subsidy costs and budget revenue by assuming
      Bloomberg  -  221 words
    • Article
      Lock icon BURSA MALAYSIA
      2221 14 lul 8 RM C000) A& M Realty 0.48 AbricBhd 0.15 Advance Synergy 0.09 Adventa Bhd 1.04 AeMuIti Hldgs 0.20 Affin Holdings 1.71 Ahmad Zaki Resou ....0.68 \ic Corp 0.52 \irasia Bhd 0.83 Akn Technology 0.38 \lliance Financi 2.54 Aluminium Co 0.98 Amalgamated Ind ....0.45 Ammb Hldgs Bhd 3.16
      2,221 words
  • Page 14 Advertisements
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      51 14 ERP gantry locations and prices Live traffic news Building name and block numbers Shortest and quickest routes Shopping Centres i^i-L.-- and block number [ZZ^l^,./ BJy Maps Plan your next journey with Rednano. Get the most updated and accurate geographical information in the Lion City. Whatever you're Looking for in Singapore.
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      12 14 SINGAPORE f A INSIDE: Mdinjr£ u[ hi mtsmmm r^^^^a^nf^ "^gr*"1 I www.hardwaremag.com
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China home prices seen dropping more
      529 15 Bloomberg Citic Ka Wah Bank cites weak demand, govt unlikely to ease up loan restrictions [SHANGHAI] Property prices in China will fall further because demand is weak and the government probably won't relax restrictions on home loans, according to Citic Ka Wah Bank chief
      – Bloomberg  -  529 words
    • Article
      Lock icon Infrastructure needed to support casino growth in Macau: Ho
      571 15 Bloomberg [NEW YORK/HONG KONG] Macau, the world's biggest gambling hub, lacks the airport and ferry capacity needed to support the growth of its casinos and tourist traffic, said Lawrence Ho, chief executive officer of Melco Crown Entertainment Ltd. "The infrastructure isn't
      Bloomberg  -  571 words
    • Article
      Lock icon Winnie Ho challenges brother's casino IPO approval
      322 15 Bloomberg [HONG KONG] Winnie Ho, who has repeatedly tried to delay billionaire Stanley Ho's plan to list his casino business, challenged the Hong Kong Stock Exchange's approval of the share sale in the city's High Court on Monday. Ms Ho filed a notice
      – Bloomberg  -  322 words
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  • INDIA
    • Article
      Lock icon Major reforms unlikely, even as Left's exit looms
      661 16 Reuters Support from new ally will help govt avoid early polls and allow it to focus on fighting inflation [NEW DELHI] Having lost the shackles of its communist allies that stymied years of economic reforms, India's government finally has political space to
      Reuters  -  661 words
  • Page 16 Advertisements
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      366 16 LUAU.KY M^Si&S§M hsbc pi < •> You. too, will exclaim in BpHHMpIIpIdHMPPPWHMMPIM 'i i i 11 {I 'i gastronomic bliss when you E|Jffj|slgijynKsl IMlCieKil Im3 MMM IMUyaMI IP^L partake of our Nonya Lunch Buffet ■Mitt llQj aiiE aJ3 M^nTi fi i> CV'//^//Vi this July and August. IrtP t\^~? HPP TWifei'iWi'"-
      366 words
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  • WORLD
    • Article, Illustration
      Lock icon UK's Darling urges EU to curb reliance on credit raters
      445 17 Bloomberg EU finance ministers to call for rating firms to register with authorities [LONDON] Chancellor of the Exchequer Alistair Darling wants European Union policy makers to curb their reliance on credit-rating firms, joining his counterparts in calling for stricter industry
      – Bloomberg  -  445 words
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      Lock icon US Fed, SEC agree to share bank info
      545 17 Reuters [WASHINGTON] The Federal Reserve and securities regulators on Monday formalised a deal to share information about banks, in a move expected to strengthen oversight of the financial markets rocked by the US housing crisis. Urgent regulatory changes have been in the
      Reuters  -  545 words
    • Article
      Lock icon EU Parliament panel backs plan to open telecom networks
      422 17 Bloomberg [BRUSSELS] A European Parliament committee voted to give national regulators the power to force dominant telephone companies such as Deutsche Telekom AG and France Telecom SA to open their networks, saying the proposal will help competition. The legislation, proposed last
      Bloomberg  -  422 words
    • Article
      Lock icon Stimulus money boosts adult sites
      253 17 ■NYT [ATLANTA] Seems Uncle Sam's economic stimulus cheques are boosting an unlikely part of the economy. Adult entertainment websites began seeing a spike in business shortly after the first wave of cheques went out in mid-May, according to Adult Internet Market Research Co, a New
      ■NYT  -  253 words
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      Lock icon Worse to come as mortgage firms' shares dive
      1052 19 -NYT IT'S NOT OVER In just 1 day, Freddie Mac tumbled another 18%, Fannie Mac lost 16% [NEW YORK] As home prices decline and Washington struggles to end the economic malaise, Wall Street is starting to send a sobering message: The worst
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    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8439 19 UNIT TRUSTS FUNDS UNIT TRUSTS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 2.045/ AIGIF Spore Bond Fund/ A 1.323/ APS Asset Mat Pte Ltd APS Alpha Fund!** 0.9/ APS Alpha Fund (USD) 0.66/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.9499/
      8,439 words
  • Page 17 Advertisements
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      1198 17 TAT HONG (H TAT HONG HOLDINGS LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) Company Registration No. *****5392H NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Shareholders of TAT HONG HOLDINGS LTD (the "Company") will be held at 18 Sungel Kadut Avenue Singapore *****9 on Monday, 28 day
      1,198 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Probe uncovers major problems at rating firms
      488 18 Bloomberg Raters worked on rankings even as they pitched for business: SEC chief [WASHINGTON] A US Securities and Exchange Commission investigation into credit rating companies found the firms improperly managed conflicts of interest and violated internal procedures in granting top rankings to mortgage
      Bloomberg  -  488 words
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      Lock icon UK seen heading towards recession
      560 18 Reuters Inflationary pressure makes it hard for BOE to cut rates [LONDON] British businesses delivered fresh evidence yesterday that the economy risks sliding into its first recession since the early *****, reporting a sharply deteriorating climate across the country. But inflationary pressure is also escalating,
      – Reuters  -  560 words
    • Article
      Lock icon Asia company profit forecasts will plunge: Citigroup
      382 18 Reuters [HONG KONG] Earnings estimates for Asian companies are far too rosy given sharply higher costs and sluggish global growth, and investors should expect sobering revisions which could turn into a potential "nightmare", Citigroup analysts said in a note on Tuesday. Consensus forecasts
      – Reuters  -  382 words
    • Article
      Lock icon Top PPP leader gets 5-year ban
      326 18 Reuters [BANGKOK] A top leader of Thailand's People Power Party (PPP) was found guilty of vote buying and banned from politics for five years yesterday, a ruling that could lead to the dissolution of the main party in the coalition government. The Supreme Court
      – Reuters  -  326 words
    • Article
      Lock icon Swiss banks keen on Russia fund mgt
      289 18 ■Reuters [MOSCOW] The Russian government is in talks with ÜBS and other Swiss banks on the management of its two oil wealth funds which total USsl63 billion, Deputy Finance Minister Dmitry Pankin said yesterday. "Swiss banks would like to take part, first of
      ■Reuters  -  289 words
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      Lock icon Buffett donates over US$2b worth of shares
      196 18 ■AP [OMAHA, Nebraska] Billionaire Warren Buffett has given away 512,169 Class B shares of Berkshire Hathaway Inc stock to three charitable foundations in keeping with his plan to give away the bulk of his fortune. The gifts were revealed in paperwork filed on
      ■AP  -  196 words
    • Article
      Lock icon Japan investors' higher risk appetite keeps yen down
      603 18 Reuters They view yen surges as a chance to sell currency [TOKYO] Ever since the credit crisis erupted nearly a year ago, it has been a familiar pattern: When stocks start to slide, investors dump risky positions, carry trades are unwound and
      Reuters  -  603 words
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  • AVIATION
    • Article, Illustration
      Lock icon S'pore eyeing up to 100 F-35 fighters: Pentagon
      633 20 Reuters US currently plans to buy a total of 2,443 F-35 models; Israel also eyes 100 planes [WASHINGTON] Singapore has shown interest in possibly buying up to 100 of Lockheed Martin Corp's F-35 Joint Strike Fighter aircraft over coming decades, matching Israel's
      Reuters; BLOOMBERG  -  633 words
    • Article
      Lock icon American, United post traffic declines as fares rise
      360 20 Bloomberg [PENNSYLVANIA] American Airlines and United Airlines, the two biggest US carriers, reported declines in passenger traffic last month as record fuel costs eroded domestic travel demand. American's traffic, or miles flown by paying passengers, fell 3.1 per cent and United's slipped
      Bloomberg  -  360 words
    • Article
      Lock icon High fuel costs force AirTran to cut 480 jobs
      289 20 NYT [ORLANDO] AirTran Airways said on Monday that it would eliminate 480 pilot and flight attendant jobs, joining a growing list of airlines that have cut their workforces in the face of high fuel prices. AirTran, a low-fare airline based in
      NYT  -  289 words
    • Article
      Lock icon US carriers report fewer delays in May
      467 20 But data shows more than one in five flights still late [NEW YORK] US airlines improved their on-time arrival rates in May, although more than one in five flights still failed to get passengers to their destination as scheduled, according to government data
      467 words
    • Article
      Lock icon Successor to A320 in 2014: report
      178 20 Reuters [PARIS] European aircraft maker Airbus is planning to launch the successor generation of A32os in 2014 and put them in service around 2018, French daily La Tribune reported yesterday. In response, Airbus said there would be a successor generation to the A 320
      Reuters  -  178 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2522 20 A***** 1750 TRI4B 1515 AF8093 SQ2IS AIRLINE CODES: AA: Amencao Airlioes (AAL), AF: Air Fraoce (AFR), AI: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Araays Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd
      2,522 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      325 20 CRYPTIC CROSSWORD 1 Strident daughter in tirade 111 IH 6 Heart that's hollow and _HH_HM__^MJ__HH__HH__MH_HM__ grossly insensitive (5) HJ HJ HJ HJ HJ HJ HJ specially made (9) __^l__^l__^l__^_^J__^J__ 12 Couple study active intesti- HJ HJ |^Bfl|^| j^|| nal narts (7^ nai pa 13 \i y I I I I
      325 words
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  • SHIPPING
    • Article, Illustration
      Lock icon New German law may halt Hapag's sale abroad
      521 21 Bloomberg Hamburg cautiously optimistic lawmakers in Berlin will amend draft bill [BERLIN] Germany's planned legislation to protect industries it deems key to the national interest from takeover by sovereign wealth funds may be expanded to stop foreign companies from buying TUI AG's
      Bloomberg; BLOOMBERG  -  521 words
    • Article
      Lock icon Brussels lays down the law on liner shipping – sort of
      955 21  - Brussels lays down the law on liner shipping sort of DAVID HUGHES STRAIT TALK By THE European Commission (EC) last week issued the final version of its so-called guidelines that are supposed to tell the liner shipping companies what they can and cannot do when it comes to talking and
      955 words
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      2010 21 BORDERS PTE. LTD. (THE "COMPANY") ,—t--—_^X (Company Registration Number: 1 *****01 7Z) >£&^ ""■^ZT <§&/ netalußion GRAND TEAM TECHNOLOGIES LIMITED NOTICE IS HEREBY GIVEN pursuant to Section 76(10)(h) of the Companies Act, Chapter 50 of Singapore (the "Companies NETELUSION LIMITED flncnrnorated in the Renublic of Sinaanore) Act"), that an Extraordinary
      2,010 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Say, what happened to 'Chindia'?
      498 22 AN investor may well ask: "What happened to China and India?" Less than a year ago, the economies of the two Asian giants, and their stock markets, were marvelled at, with investors falling over each other to get in. But no longer. Year to date,
      498 words
    • Article, Illustration
      Lock icon How to save your skin amid the market carnage
      1094 22  -  MICHAEL LEWIS Bloomberg To win any recession, understand its rules. Emerge a hero by following these guidelines... By THE first thing you need to know about recessions is that they don't signal the end of anything on Wall Street. They're more
      ■ Bloomberg; REUTERS  -  1,094 words
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      Lock icon Why US presidential hopefuls avoid major issues
      751 22  -  ROBERT SAMUELSON The Washington Post Writers Group THE BOTTOM LINE IT is one of America's fondest political myths that elections allow us collectively to settle the "big issues". The truth is that there's often a bipartisan consensus to avoid the big issues, because
      The Washington Post Writers Group  -  751 words
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      Lock icon Profile of 21st century business leader
      1561 23  -  JEAN-PIERRE LEHMANN Skill and professionalism are important but it's also necessary to be a committed citizen and member of society By II HERE has been a good deal of debate recently about "responsible business leadership". Sounds nice. What does it mean? There is indeed
      LUDWIG ILIO  -  1,561 words
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      Lock icon New life for the US-India nuclear pact
      823 23  -  BILL EMMOTT LATWP By LESS than a month ago, unnamed US officials hit the front page of the Financial Times by indicating that the US-India nuclear pact was "almost certainly dead". This past weekend, the corpse suddenly twitched back to life, thanks to
      LATWP; REUTERS  -  823 words
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  • SINGAPPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      6733 24 Transaction date: Jul 8 Low Code Company Sale ('000) High ■ow Buyer Seller C'vr P/E $mil 5716 1st Software 22 6.5 3148 STelecom i 5 8 5834 A-Sonic 10 100 6389 ABF SG Bond ETF 3? 5125 K AHJf""?. ***** i 21 4 3100 ASAGrp 22 7.5 1102
      6,733 words
    • Article
      Lock icon SGX XTRANET
      82 24 52-Wk Tel High Low Code Last Sale Vol COOO) Day Last Quote Ih Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _Hm 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 IS S&P500 *****
      82 words
    • Article
      Lock icon SGX CATALIST
      1960 24 52-Wk Tel High Low Code Last Sale Vol C000] Day Last Quote Low Buyer Seller Div GrYld Net MCap Cvr P/E $mil Comi Hii 20 11.5 1181 s AAGrp 41.5 15 5000 sABRHIdgs 32 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19 3518 s
      1,960 words
    • Article
      Lock icon CLOB INTERNATIONAL
      210 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      210 words
  • Page 24 Advertisements
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      32 24 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. gB W& 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676. 1 M Internet: Http://www.audemarspiguet.com m I j Sjß^jß
      32 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 25 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 7 World Index Preliminary 957.6 0.7 -15.4 0.6 -18.1 0.4 -13.6 t EAFE Preliminai 910.2 1.2 -18.8 0.9 -19.4 0.7 -15.1 Euro[ Prelim inan 1227.9 1.5 -20.4 1.3 -21.0 1.1 -16.7
      364 words
    • Article
      Lock icon PALM OIL
      60 25 JulB lelivery lonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low lul 08 3420 Hug 08 3460 >ep 08 3477 3d 08 3445 fatal o/p: ***** contracts 3410 3437 3420 3430 3520 3430 3454 3534 3454 3471 3520 3445 Turnover: ***** Market tone: Lower
      60 words
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      Lock icon STOCK INDEX FUTURES
      21 25 MS STI IIMSCI Jul 354.4 355.1 350.2 "aiwan Jul 273.6 274.5 268.2 Source: MF Global (S) He. Ltd
      21 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      19 25 JulB Bid Offer -month 1.3587 1.3603 1.3567 1.3584 {-months 1.3552 1.3569 >-months 1.3496 1.3514 Source: OCBC
      19 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      151 25 JulB Against SS Zurrencies Bid Offer Against USS Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.2979 1.2999 0.9537 0.9542 Canadian dollar 1.3370 1.3390 0.9824 0.9829 iuro 2.1404 2.1432 1.5728 1.5732 IZ dollar 1.0224 1.0249 0.7513 0.7523 jterlini 2.6897 2.6927 1.9764 1.9766 IS dollar
      151 words
    • Article
      Lock icon SICOM FUTURES
      283 25 Jul 8 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Aug 08 Sep 08 Oct08 NOV08 Dec 08 Jan/Mar 09 438.75 436.00 433.50 434.25 434.00 435.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open Interest
      283 words
    • Article
      Lock icon INTERBANK CROSS RATES
      465 25 JuSS AS _CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso IS Rand Sfr NTS Baht Pound USS Australia 0.971 6.537 0.606 7.442 41.346 87.835 1.015 9.857 3.111 1.269 69.543 43.753 1.299 7.459 0.976 28.996 32.139 0.483 0.954 Canada 1.030 6.734 0.625 7.666 42.590
      465 words
    • Article
      Lock icon PRECIOUS METALS
      142 25 Jul 8 /oz) Hong Kong 929.60 922.00 930.60 923.00 Jul 07 Jul 04 921.70 932.00 an 7n a?? nn (SS) Selling Buying i~oz 1418.82 1278 UBS GOLD LUNAR KINEBAR (SS) Selling Buying (SS) Sellini Bu' .ondon Source: Reuters 10gm SILVER $497.55 408 Selling Buying CAST BAR (SS) Jul
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    • Article
      Lock icon LONDON METALS
      70 25 JuS7 minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 3259.20 3112.80 3 months 3308.00 3160.00 Copper, Grade A (US$/tonne) Cash 3 months 8587.00 8412.00 8650.50 8472.50 Lead (US$/tonne) Cash 1609.20 3 months 1630.00 1548.00 1568.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
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    • Article
      Lock icon LIFFE
      78 25 Jul7 COCOA (£/tonne) Close Prev Hii ih/Low Jul 08 1597 1662 1646/1596 SepO8 1542 1604 1594/1536 Dec 08 1530 1586 1573/1523 Mar 09 1503 1557 1535/1500 COFFEE (US$/tonne) Close Pev High/Low Jul 08 2368 2534 2534/2330 SepO8 2316 2478 2497/2269 Nov08 2269 2421 2434/2240 Jan 09 2211 2360 2381/2205
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      127 25 As at 9am JulB Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2940 1.3090 dollar 1.3300 1.3450 Euro 2.1290 2.1520 NZ dollar 1.0180 1.0390 iterlini ind 2.6750 2.704( US dollar 1.3540 1.3690 Local dollars to 100 units of foreign currency: Currencies
      127 words
    • Article
      Lock icon INTERBANK RATES
      156 25 JulB fer Ivernight 5/16 -month 15/16 -months 1 1/16 l-months 1 5/32 Overnight mode: 7/16 IS$ Offer 3/16 13/16 15/16 1 1/32 Bid days month months months j months months >— I (All 2.55 2.65 2.85 2.95 3.20 3.35 3.50 Offer 2.4! 2.5! 2.7! 2.8! 3.1 3.2! 3.4(
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    • Article
      Lock icon SIBOR
      73 25 JulB (US$) (SS) 2.***** 0.***** 6mths 1.***** 9mths 1.***** 12mths 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 3.***** 5yrs 3.***** 7yrs
      73 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 25 JulB 'eriod Issue code Maturity Yesterday's Bid Hi, Day's |h Low 1-Month BQ*****S 09.10.08 -Year BY*****N 04.05.09 0.41 0.72 0.32 0.32 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
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    • Article
      Lock icon CHICAGO BOT
      101 25 Jul7 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 08 1589.00 1658.00 1625.00 1570.00 Aug 08 1579.00 1649.00 1614.50 1579.00 Sep 08 1567.25 1637.50 1592.00 1567.25 Nov 08 1561.00 1631.00 1592.00 1561.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul OS 64.89 67.33 65.33 64.10 S.ug
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 25 CRUDE OIL PRODUCTS Jul7 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 141.45 -3.06 WTI (Near Mth) 141.67 -2.17 Dubai (1-Mth F) 138.73 -1.87 Tapis blend 150.25 -2.5 Minas 147.3 -1.95 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 134.45 174.50 -2.70 -5.05 US$/barrel Opec Oil Basket
      76 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      366 25 Jul 8 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO8 DecO8 MarO9 JunO9 97.100 96.955 96.885 96.690 0 0 0 0 ***** ***** 8400 3506 EUROYEN FUTURES SepO8 99.140B DecO8 99.105 99.105 MarO9 99.010 99.030 JunO9 98.920 98.935 SepO9 98.855B DecO9 Mar10 Jun10 99.100 99.010 98.920
      366 words
    • Article
      Lock icon BONDS & WARRANTS
      1252 25 BONDS WARRANTS Pel lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left l410Capitaland BNP ECW*****1 2.5 -1.5 20 0.3 708 2 S802 Capitaland BNP ECW*****4 3 -1 100 0.1 731 5 !803 Capitaland BNP EPW*****4 14 1 140 0.1 681 5
      1,252 words
  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      140 25 Weakening U.S. dollar P^fa., A ncrease n unc' activity and speculative interests Am. .J^ f^il C|J^ n rIJ V^^^^ 2^o^. r -^^k. Ge °Polit'cal tensions in oil-producing countries UUC V^ll %&^^^^%m m^^U^ increase in oil product demands from emerging markets to Successive Records.., *Regulatory measures by watchdog agencies Let our
      140 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      786 26 m The Business Times Shipping Times 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 E.
      786 words
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      Lock icon Page 26 Advertisements Column 2
      576 26 C LINE PREVIOUSLY DONGNAMA LINE Sin Nhava Sheva (CCI) Every Mon (8 days) Sin Busan (KSS) Every Sat (8 days) (XCI) Every Sun (8 days) Sin Inchon (KSS) Every Sat (10 days) Sin Ulsan (XCI) Every Sun (7 days) Sin Madras (XCI) Every Wed (5 days) Sin Manila Every Tue
      576 words
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      Lock icon Page 26 Advertisements Column 3
      1110 26 WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r %rTTT\ ■■>■ mup* TEL *****588 (14 LINES) FAX:*****163 \.\M\IAfAM ||AI INFn Customer Service/Bookings Direct line (1800) *****200 N^ I VIHII I Inl LlllfcJ FKL TEL: <03) *****888 FAX: (03) *****283 PEN TEL: <04) *****00 FAX: (04)*****99 m>» JOHTEL:(O7) *****23 FAX:(07)*****21 SURTEL:(O3I) *****75 FAX: <031)
      1,110 words
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      1462 27 RICKMERS'LI NI E 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
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      1049 27 OT\ EASTERN CAR LINER. LTD I|y C SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS l|mmjJJJJ^^J VQY Ramp(KT) Lilting(KT) SIN PKL JKT BJM LCB BTG I GENIUS STAR 31_ 45 60 10/07 13/07 17/07 I ENDEAVOR OAK 13 60 10/07 13/07 I MERLIONACE 51__ 30 11/07 12/07 15/07 19/07 I
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      778 27 I WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOY SIN PKL [MB NSA [MB HOWRAH BR 0074W 08JUL lOJUL I4JUL 16 JUL 21 JUL NORDWELLE VNWOO4 15 JUL 17 JUL 21 JUL 23 JUL 28 JUL SCI VIJAT 023W 22 JUL 24 JUL
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      3276 28 BB BB BB BB PSL SERVICE Connecting AMX Service via P.KLANG ConnectinqECrSvTviaMALTA| VESSEL VOY SIN I PKL I KHI I DXB I BND MLA I VLC I BCN I GOA I DAM~ EXT I HAM I ANR I LEH NINTH OCEAN PSL 8271 13/07 14/07 24/07 27/07 28/07 TWELFTH OCEAN
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      137 28 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 I REGULAR WEEKLY SERVICES: IKAOHSIUNG CHINESE PORTS, HONG KONG TO FROM SOUTHEAST ASIA I SINGAPORE :HIAPWOON SHIPPING (S)PTE LTD 14 ROBINSON ROAD, #03-01 SINGAPORE *****5
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      3943 29 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
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  • MOTORING
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      Lock icon Car dealers offering buyers Formula 1 tickets
      592 30  -  SAMUEL EE But race organiser cautions they cannot be used for advertising purposes By AUTO distributors are rewarding car buyers with Formula One tickets, despite the Fl organiser warning that these cannot be used for advertising or promotional purposes. The 2008 Formula 1
      592 words
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      Lock icon Toyota speeds up to regain top spot for first half of year
      647 30  -  SAMUEL EE By AFTER starting the year in an unfamiliar position as runner-up, Toyota finally pushed the pedal to the metal in June to wrest the No 1 ranking back from Honda by the end of the first
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      213 30 OUT NOW! I HORSE I tmc* Mm parents M^^F^H ■^■miT t^M I #^k _i_J t^LI J THE COMPANIES ACT, CAP. 50 ■S^ Im M «Mi^M^^ MMBH^ AND IN THE MATTER OF •J »J BUT nQTHinC THAT SHE CAHT HATOCtE.'! (1) EPIQUS PTE LTD (2) SECOND-E PTE LTD 6LOL U F^
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  • EXECUTIVE MONEY
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      Lock icon Look beyond the gloom and doom
      912 31  -  ALBERT LAM Crises are some of the best times to invest in so make full use of opportunities that avail themselves in a challenging market THERE is hardly a time when the investment climate is free of geo-political issues, inflation, deflation or bubbles. The
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      Lock icon Companies cut dividends as slowdown starts biting
      681 31 LAT-WP Finance firms make biggest cuts though they are not alone [WASHINGTON] The credit crisis and economic slowdown have become so grave that many companies are chopping dividend payments to shareholders. Financial institutions, reeling from the rise in foreclosures and ensuing credit crunch,
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      Lock icon Oil prices set to retreat
      841 32 Deutsche Bank analyst believes oil is likely to fall back to US$lOO soon. GENEVIEVE CUA reports THE oil market is quite close to a "tipping point", says Michael Lewis, Deutsche Bank's head of commodities research, where demand gets choked off and supply is given a
      Asia Deutsche Bank  -  841 words
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      Lock icon Oil to fall back to US$98 by May 2009: analyst
      487 32 By GENEVIEVE CUA OIL is set to fall back to US$9B a barrel by May 2009, says technical analyst David Bensimon. Speaking at a commodities conference earlier this week, Mr Bensimon believes that the recent oil price gains were largely
      487 words
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      389 31 Organizers: Platinum Sponsor Gold Sponsor ra,? awCentre IWNUS NUS P Phillip capi,a, Cap/taLand mSW Financial Studies W S*^ c^urV^i Your Partner In Finance J J- tT^ T~" JInUUL (Brought to you by Phillip Securities) MnanCial /-T Kent Ridge Guild House, NUSv A /2m and 18 July 2008 %k\ Saw Centre
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      674 32 Line up attractive regular returns r |9Jm«| RrW^^^Ki ArW^i^^S Fixed Coupon of 3.50% per annum for the first 2 years (Series 15) and 3.70% per annum for the first 2 years 9 months (Series 16) 1 Potential Equity Bonus Coupon of 1.75% (Series 15) and 1.85% (Series 16) at maturity
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  • Page 32 Miscellaneous