The Business Times, 21 July 2008
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2008-07-21
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The Business Times
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Title Section25 2008-07-21 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg a Singapore press holdings publication c o regn no *****2868E mica (p) 122/12/2007 Monday, July 21,200825 words
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973 2008-07-21 1 NISHA RAMCHANDANI - NISHA RAMCHANDANI Outlook for smaller outfits less sanguine though By I [SINGAPORE] Major Singapore companies are expected to report generally strong second quarter and half year earnings, but there is less optimism that this will hold true for the rest of the year.973 words
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MARKETS DIGEST
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Article55 2008-07-21 1 Weekly 2,847.73 lange -79.11 iT Index I COMP 1,105.04 -45.35 IIKKEI 225 12,803.70 -235.99 IANG SENG 21,874.19 -310.36 ;et INDEX 664.52 -65.77 JAKARTA COMP 2,141.14 -135.71 1ANILACOMP 2,389.52 -48.47 ;eoulcomp 1,509.99 -57.52 ;henzhen B 459.51 +18.13 IUMBAI IND 13,635.40 +165.55 )OW 11,496.57 +396.03 IAS DAI 2,282.78 +43.70 ;&p 50055 words
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Article29 2008-07-21 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.496 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.65 INDIA 12.75 Source:Bloomberg - 29 words
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Article37 2008-07-21 1 IS$ (S$ ler US$) 1.352 (USS/SS ier£) 1.992 2.694 :URO (US$/S$/E) 1.584 2.143 'EN 106.40 78.60 3.242 2.397 N<$ 7.798 5.766 !AHT 33.33 24.64 IUPIAH 9,152 6,767 IENMINBI 6.820 5.043 INDIAN RUPEE 42.85 31.68 1.030 0.76137 words
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Article702 2008-07-21 1 ANDREW MARKS - ANDREW MARKS Byi in New York FRESH off an unexpectedly strong rebound for US stocks over the last three trading sessions, Wall Street enters the heaviest week for second-quarter earnings on a hopeful note. Investors will be watching to see whether last week's rally702 words
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Page 1 Advertisements
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Advertisement103 2008-07-21 1 PURE ROLEX. Rolex's commitment to excellence begins at the source. By operating its own exclusive foundry, Rolex is able to create new and unique alloys, holding each to the highest standards. Rolex's goal: absolute purity. Cases, bracelets and components are painstakingly crafted for exceptional durability, colour and beauty. Being so103 words
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Page 1 Miscellaneous
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Miscellaneous64 2008-07-21 1 DINING OUT MORTGAGE CRISIS BizlT jfflk BE INSPIRED Tried and tested B^J E US banking system Trek to set up *j Zap for daily inspiration. works best ti£S sound: Paulson intellectual property Win a Zegna Sports page 15 jsPji^l page 2 team page 31 Tj Gym Kit! page 3 I—LI64 words
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TOP STORIES
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THREE-MINUTE DIGEST
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102 2008-07-21 2 LOW Keng Huat's plans to pour money into a 267,000 sq ft development project in Vietnam must have raised a few eyebrows when it was announced earlier this month. Against the backdrop of a 25 per cent inflation, 14 per cent interest102 words
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75 2008-07-21 2 TECHNOLOGY old hand Aztech, which surprised investors and analysts this year by setting up two business lines unrelated to its 22-year-old electronics business, said it is serious about both new forays. Company chairman and chief executive Michael Mun said the company's75 words
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56 2008-07-21 2 MAPLETREE Logistics Trust has reported a distributable income of $22.6 million for the second quarter ended June 30, 2008, up 28 per cent from the corresponding period last year. Available distribution per unit was 2.04 cents in Q2OB, also 28 per cent56 words
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69 2008-07-21 2 THE Asean Charter will remain as the key theme of this week's Asean Regional Forum, and all members of the group are expected to ratify the document by the December summit in Bangkok. The spokesman for the Asean Ministerial Meeting in69 words
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83 2008-07-21 2 EAST Asia's manufacturing sector is benefiting from the "noodle bowl" of free trade agreements that have proliferated across the region, according to a survey of 464 companies of all sizes in four countries including Singapore. But benefits would be greater if83 words
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58 2008-07-21 2 MALAYSIA'S national carmaker needs to hook up with a foreign company if it is to compete in the automotive industry, the trade minister said. Muhyiddin Yassin said such a partnership would help Proton expand into overseas markets, and thrive in the long term,58 words
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73 2008-07-21 2 CHINA'S robust economy is unlikely to hit the skids after the Olympics, unlike most host nations who have endured post-Games downturns, analysts say. All but one host of the Games over the past five decades have been hit by economic hangovers once the Olympic flame73 words
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71 2008-07-21 2 THE government looks set to hit its broadband adoption target way ahead of schedule, with the take-up of high-speed Internet packages by local households up 30 per cent in the past two years. According to the latest statistics published by the Infocomm Development71 words
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Article, Illustration396 2008-07-21 2 Reuters 99% of the 8,500 US banks fall into the highest category of capitalisation [WASHINGTON] The US banking system is fundamentally sound despite the highly publicised IndyMac failure, US Treasury Secretary Henry Paulson said yesterday, as he listed financial system stability as his topReuters - 396 words
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797 2008-07-21 2 CHUANG PECK MING - CHUANG PECK MING NEWS ANALYSIS Asian experience may well mirror European record By [SINGAPORE] With billions of euros pouring into merger and acquisition (M&A) deals, you would expect the European businesses making the investments to get at least a decent return for797 words
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Article, Illustration1157 2008-07-21 3 JOYCE HOOI - JOYCE HOOI They're upbeat over longer term outlook, despite current high inflation, labour cost By [SINGAPORE] Low Keng Huat's plans to pour money into a 267,000 square foot development project in Vietnam must have raised a few eyebrows when it was announcedARTHUR LEE - 1,157 words
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Page 2 Advertisements
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Advertisement200 2008-07-21 2 SINGAPORE MANAGEMENT FC. CFO. COO. CEO. Nice initials start with an MPA There's never been a better time to pursue a career in the accounting profession. Update and expand your professional expertise or even switch careers with a Master of Professional Accounting (MPA) from the Singapore Management University. The MPA200 words
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Advertisement505 2008-07-21 2 Are You Considering A Manpower Rightsizing Exercise? What is Outplacement? Outplacement assistance is a planned and systematic process aimed at helping individuals or groups leaving the organisation. It will assist to-be-separated employees through the trauma of job loss as well as help them learn the "best ways" to find the505 words
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Page 3 Advertisements
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Advertisement130 2008-07-21 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! To Zap: 1) Download Color Cam™ Via130 words
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Advertisement842 2008-07-21 3 if Agri-Opportunity Capital Guaranteed Fund VN^ sHL Quarterly Potential Coupons 1 3L Memory Factor helps to recover any lost coupons from the past quarters 2 iMfilt Additional Bonus Coupon per Unit plus Guaranteed Net Asset Value per Unit of SGDI0 3 upon the occurrence of the 3L Guaranteed Net Asset842 words
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COMPANY NEWS
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Article, Illustration728 2008-07-21 4 ONG BOON KIAT - ONG BOON KIAT Material supply and marine logistics can each match tech arm's turnover: CEO Ml By TECHNOLOGY old hand Aztech, which surprised investors and analysts this year by setting up two business lines unrelated to its 22-year-old electronics business, said728 words
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634 2008-07-21 4 ONG BOON KIAT - ONG BOON KIAT FIVE months on and it seems that punters are still unmoved by Aztech's new business forays judging from the continued decline of Aztech's share prices since hitting a high of 74 cents last August. Aztech shares dipped under 19 cents last634 words
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523 2008-07-21 7 NISHA RAMCHANDANI - NISHA RAMCHANDANI /BT Portfolio rises to 76 properties worth $2.48b with addition of 4 units in quarter By MAPLETREE Logistics Trust has reported a distributable income of $22.6 million for the second quarter ended June 30, 2008, up 28 per cent from/BT - 523 words
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Article, Illustration117 2008-07-21 7 A PIONEERING green energy initiative by Sembcorp in the UK has received the royal seal of approval. The Duke of York, who is the UK's Special Representative for International Trade and Investment, visited the £64 million (Ssl 73 million) Sembcorp Biomass Power Station117 words
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Article415 2008-07-21 7 WARRANT INSIGHTS ONE of the main attractions of trading in structured warrants instead of stocks is the gearing, or leverage, that warrants offer investors. Buying a call or put warrant written on a particular stock gives the investor geared exposure to the stock. This means415 words
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Article, Illustration1306 2008-07-21 8 ROBERT HALILI - ROBERT HALILI INSIDE MARKETS By AFTER posting its first weekly gain, the Straits Times Index fell by 2.7 per cent last week to 2,847.73 points on Friday. That brought the total drop in the market this month to 3.4 per cent and 10.8 per cent since1,306 words
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Page 4 Advertisements
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Advertisement11 2008-07-21 4 .I caring fok cambodia Together let's see it through.., >jl HHHHH11 words
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Page 5 Advertisements
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Advertisement229 2008-07-21 5 MTbfiyStanton, Ch/ef Investment Officer, Richard Bernstein, Global Wealth Management, Chief Investment Strategist Asia-Pacific i ii "Although the near-term outlook "We expect to see a dramatic might be increasingly volatile, increase in default rates with the longer-term opportunities in the reversal of credit availability, agriculture-related investments presenting opportunities to trade remain229 words
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SINGAPORE MARKETS
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Article, Illustration576 2008-07-21 6 CONRAD TAN - CONRAD TAN STOCKS STOCKS here and elsewhere in Asia are set for another bumpy week ahead, after a roll-er-coaster ride last week. The Straits Times Index fell 16.37 points or 0.6 per cent to 2,847.73 on Friday, ending the576 words
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520 2008-07-21 6 CURRENCIES [HONG KONG] Asian currencies ended last week mostly higher against the US dollar amid continuing concerns over the state of the US economy and the health of its financial sector. Japanese yen: The Japanese yen firmed over the past week as the dollar520 words
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Article535 2008-07-21 6 Legends US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; (00) Euro; AA) Baht; RM; (000) Peso; AAA) Rs; NT$; (ag) Dividend/Distribition; (ai) To be announced; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (am) First and Final Tax Exempt; (an) First and Final Tax Exempt (One535 words
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303 2008-07-21 6 -AFP COMMODITIES [LONDON] Oil prices slumped last week as traders worried the slowing US economy would dampen demand from the world's biggest energy consumer, sparking losses across other key commodity markets. Oil: Crude futures plummeted further from record high points above USsl47 per barrel-AFP - 303 words
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Article1750 2008-07-21 6 Source: Reuters consensus no. ot t-orecasi mean i-n s recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Sompany name Mlco Comm REIT 2.00 2.50 3 5.47 13.99 1.13 0.76 .llgreen Properties 2.50 2.50 12 8.86 10.22 1.38 0.92 |ua-Terra Su Co. 2.501,750 words
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Article58 2008-07-21 6 Jul 18 VALUE CLOSE IT OB/OS -586.00-109.OC IT CADI -*****.00-154.0i IT 10-day MA -*****.00 -59.0' TSE ST Mid Cap 688.47 -8.3, TSE ST Small Cap 564.86 -4.5, TSE ST All Share 714.94 -5.1 TSE ST China Top 405.86 -8.3' TSE ST China 397.99 -8.7: OB Catalist 129.6458 words
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Article59 2008-07-21 6 VOLUME China Honqxinq 196,557,000 Li Henq 123,879,000 Sing Tel 122,421,000 Golden Agri 108,063,000 ChinaNTown 90,019,000 Noble Grp 84,883,000 Oceanus 84,721,000 Wilmar 82,143,000 Yanqzijianq 79,224,000 Global Voice 75,651,000 VALUE(S) DBS Grp 452,741,521 UOB 438,120,189 Sing Tel 427,646,485 Wilmar 375,394,236 OCBC Bk 337,354,501 S I A 282,525,928 SGX 280,641,64059 words
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Article98 2008-07-21 6 CLOSE UP 3040 186.6 4.8 IMH LP 10US$ 9470 175.8 1.4 I A 1516 32.0 2.2 IA 200 1512 30.0 2.0 IS MSCI India 100 580 14.9 1.9 ;TI3100 DBePW*****1 58 14.5 33.3 lardine C&C 1602 12.0 0.8 T&T 534 10.0 1.9 India Ni 10 1280 10.0 0.8 19598 words
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Article107 2008-07-21 6 Closing prices are in trading currencies, but absolute difference is in Ss. iBSBk6% NCPS 10 CLOSE DOWN *****-198.0 -1.9 ICBCCai i.93%Pref10 9862-188.0 -1.9 lUE 1252-148.0 -10.6 itraitsTri 588-143.0 -19.6 1052 -70.0 -6.2 filmar 410 -68.0 -14.2 ireat Eastern 1592 -60.0 -3.6 iBSMBLiCW*****0 490 -50.0 -9.3 itraitsAsia 250 -50.0 -16.7107 words
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Article84 2008-07-21 6 Jul 18 CLOSE CHNG FR Jul 17 YR2008 S$ LOW S$ HIGH USS 1.3527 -0.24 1.4542 1.3457 Euro 2.1465 -0.21 2.2064 2.0474 Pounds 2.6997 0.11 2.8431 2.6568 1.3152 0.36 1.3235 1.2349 'en* 1.2716 0.83 1.4484 1.2619 Rupiah* 0.***** -0.18 0.***** 0.***** Baht* 4.0609 -0.74 4.4299 4.019084 words
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Page 7 Advertisements
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Advertisement103 2008-07-21 7 JTJTs f Z FIND THE ONES THAT FIT! LIXUX cV I WW"™""™' S "O y~ r*^^ Recruit the right people through CATS Recruit. £y %___t__t_*> 3 C-J——\ Call 1800 289 8822 or email recruit@sph.com.sg to advertise. >1, KjJ] mky a presentationiH^^^^tf or the _^_M _w Jm AM i m_\ m^ft103 words
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Page 8 Advertisements
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Advertisement723 2008-07-21 8 Our Group's oil palm plantations are strategically located in the Sumatera and Kalimantan regions, where climatic conditions are well-suited for the planting of oil palm trees. Our integrated operations comprise plantations, palm oil mills, kernel crushing plants, bulking and logistics assets, as well as renewable biomass power plant to support723 words
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Page 9 Advertisements
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Advertisement99 2008-07-21 9 Wr^k ■■v n SPECIFICATIONS: GENERAL DP3 System 6 Diesel driven thrusters DP-3 PIPELAY/ CRANE BARGE Classification: ABS, A 1 Barge E, 1 Bow thruster PAS, DPS-3, CRC Generator sets 4 x Caterpillar Flag: Gibraltar *****-1825 ekW each, 440 V /60Hz DIMENSIONS Cranes 1 x 800 Ton and 1 x 3499 words
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VIEWS FROM THE TOP
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Article, Illustration2066 2008-07-21 10 THIS WEEK'S TOPIC The Singapore Exchange (SGX) is proposing a whole slew of changes to its listing rules to broaden the range of companies and types of products that can list on the bourse, and to improve the disclosure relating to share issues, takeovers and changes of business by2,066 words
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Page 10 Advertisements
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Advertisement67 2008-07-21 10 #lt was another first from Qantas. Business Class, way back in 1979. And still, we remain ahead with our innovative Skybed in Business. Because it stretches out to 66" you can stretch out too, in total comfort, whether you're sleeping or just enjoying your favourite book. What else would you67 words
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Page 11 Advertisements
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Advertisement167 2008-07-21 11 Your tomorrow Ww Wwtii starts here today Idl Today, Business Is: qtAA\itV) WAminQ CM ASJA for a fraction of the, cost IJHH^^^^^^l Roaming to Asia Zone: j^*K Make ca"s t0 s'a *one at I A **Jr fS discounts of up to 25% k Jr t Simple Flat Roaming Rates, Regardless167 words
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SINGAPORE NEWS
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Article, Illustration393 2008-07-21 12 LEE U- WEN - LEE U-WEN By ALTHOUGH Singapore has enjoyed over 40 years of racial and religious harmony, it is still important to be aware of tensions being felt in other parts of the world, said Prime Minister Lee Hsien Loong. Speaking to some 3,000WOO FOOK LEONG/LIANHE ZAOBAO - 393 words
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361 2008-07-21 12 OH BOON PING - OH BOON PING All members are expected to ratify the document by December summit By THE Asean Charter will remain the key theme of this week's Asean Regional Forum, and all members of the group are expected to ratify the document by the December361 words
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Article, Illustration379 2008-07-21 12 LEE U- WEN - LEE U-WEN By THE health ministry (MOH) has refined its new guidelines on liposuction, considered a high-risk cosmetic surgical operation. After reviewing feedback received since it introduced draft regulations in April, the ministry has come up with some key revisions to the framework which willFILE PHOTO - 379 words
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Advertisement694 2008-07-21 12 JPMorgan Structured Products N#K™«*^afeZrH!fe;™'^^^^=^^MHi ■___sW__l__Z_^' s^^^TfiPlilMß'' J_^_W^j^H jagb^B Hr jZMMMm. .^.-'j^^^-Jti. _fK& S \^_^L sV _m \**"**«*i _^_Mto ._m_W _U 1 _f?* lilb T\ Bfl V fl I Wis 5 I ff| V 1 /V B 4 M I 1 ■sP' H H IP1" 1/ I fl fl fl fl694 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration981 2008-07-21 13 A securities analyst tracks and comments on companies; his reports assist investors in making decisions, writes lAN POH THERE are specific career tracks in the financial sector to suit individuals' inclinations. If dealing with clients and selling and buying securities in the capital markets which is981 words
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Article, Illustration922 2008-07-21 13 CAMPUS LIFE Duo with no marketing background wins MasterCard Worldwide-Wiley contest, JOYCE HOOI reports WHEN Janice Yeo, 23, and Ngoh You'An, 24, got fed up with hitting books for a group project late one night, they started taking swipes at each other instead. The two Singapore ManagementJOHN HENG - 922 words
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Article158 2008-07-21 13 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 have158 words
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Page 13 Advertisements
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Advertisement46 2008-07-21 13 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.46 words
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DINING OUT
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Article, Illustration808 2008-07-21 14 GEOFFREY EU - GEOFFREY EU NEW RESTAURANT Forlino, 1 Fullerton Road, #02-06 One Fullerton, Tel: 6536-9965. GETTING to the just-opened Italian fine-dining restaurant Forlino at One Fullerton currently requires customers to climb a flight of stairs, across a small landing, up a grander, carpeted staircase whose wallsYEN MENG JIIN - 808 words
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Page 14 Advertisements
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Advertisement246 2008-07-21 14 LUAUKY s, 80 Bras Basah Road, Singapore *****0 Tel: +65 6339 7777 Fax: +65 6337 1554 singapore@fairmont.com www.fairmont.com/singapore 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 experience246 words
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dining out with citibank
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Article, Illustration1095 2008-07-21 15 JAIME EE - JAIME EE By EMERGENCIES are a way of life for 46-year-old Tan Mvi Huat, regional managing director (Asia) of International SOS. So much so that he even tries to avoid long lunches just in case something crops up and he has to rush off toYEN MENG JIIN - 1,095 words
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Article, Illustration597 2008-07-21 15 JAIME EE - JAIME EE GUEST CHEF Bar Billiard Room, Raffles Hotel, Tel: 6337-1886. IF YOU see a skinny French chef zipping around the Bar Billiard Room this week, his name is Matthieu Garel, and he's the chefowner of the Le Belisaire bistro in Paris' 15th arrondisement.597 words
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Page 15 Advertisements
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Advertisement11 2008-07-21 15 !"j H --"dll our Citibank guide to gourmet pleasures this week11 words
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Advertisement269 2008-07-21 15 I Continue your culinary I journey with more I European cuisine I treats from Citibank I Au Petit Salut H Exclusive 6-course degustation H menu at $128++ Harding Road Tel: 6475 1976 I Bistro Petit Salut H Exclusive 4-course set dinner at H $48++ per person Holland Village, Tel: 6474269 words
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YELLOW RIBBON
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Article, Illustration1303 2008-07-21 16 It would appear that employers today are less likely to let a job candidate's past prevent future contributions to the business, says LIM WEN JUIN HEN one is in danger of being desensitised to the plight of another, it usually helps to view theirFILE PHOTO - 1,303 words
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Page 16 Advertisements
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Advertisement1186 2008-07-21 16 /wm SUIMPOWIiK GROUP LTD. SUNPOWER GROUP LTD. (Company Registration No. *****) (Incorporated in Bermuda with limited liability) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a Special General Meeting of the members of the Company will be held on 13 August 2008 at M Hotel, 81 Anson Road,1,186 words
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Advertisement88 2008-07-21 16 K-.'i.f.'. ,"jb I w H i^r c 2 i UtiiijMafl It ,^H V3l-; 'j- -«25 h KZH WtlJJ^liWtiM r I 111 I Illi I i n. 111 111 l ft 1 lii nun i I^l L JiJiJU!!.].! flu I "iLJijiji.^l ■JNllllil Ji stack picker I ri<sß# iH ilJJCfM^i^f Pi'Jfm^ lie88 words
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ECONOMY WATCH
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791 2008-07-21 17 ANTHONY ROWLEY - ANTHONY ROWLEY Even MNCs find it hard to cope with complex rules of origin, survey finds By in Tokyo EAST Asia's manufacturing sector is benefiting from the "noodle bowl" of free trade agreements (FTAs) that have proliferated across the region, according791 words
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439 2008-07-21 17 Bloomberg PM Brown's pledge to hold debt below 40% of GDP now under threat [LONDON] The UK budget deficit ballooned to the widest since records started in 1946, adding pressure on Prime Minister Gordon Brown to ease his decade-old borrowing rules.Bloomberg - 439 words
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Article, Illustration400 2008-07-21 17 -AFP [FRANKFURT] The European Central Bank (ECB) is trying to convince people in the eurozone that taking a tough stand on inflation will get them through lean economic times, arguing that long-term gains warrant short-term pain. "There is a particular need to speak-AFP - 400 words
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Page 17 Advertisements
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Advertisement985 2008-07-21 17 Advertisement Non-traditional assets: improving returns and diversity Non-traditional asset classes (NTACs) such as hedge funds, private equity, real estate Dpi%#^+A ii^* VV fi.f\r\fA V^£\fAf§.£± and commodities are powerful diversifies that are non-correlated to traditional IVcIX6 GULJIXYr QOOQ 116C1U6 assets and may provide a good hedge against inflation. Emmanuel Bucaille, Head985 words
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MALAYSIA/INDONESIA
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Article, Illustration593 2008-07-21 18 S JAYASANKARAN - S JAYASANKARAN MALAYSIA INSIGHT A government that gets its act together and an Opposition that's bipartisan, among other things IF ONE were to consider the stock and bond markets in Malaysia, one might be forced to conclude that the Malaysian economy is in deep trouble. Actually,593 words
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Article, Illustration337 2008-07-21 18 AFP [KUALA LUMPUR] Malaysia's national carmaker needs to hook up with a foreign company if it is to compete in the automotive industry, the trade minister said according to news reports yesterday. Muhyiddin Yassin said such a partnership would help Proton expand into overseasAFP - 337 words
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206 2008-07-21 18 Reuters [JAKARTA] Shareholders of Indonesia's PT Bank Niaga Tbk and PT Bank Lippo Tbk have approved plans to merge the two, Bank Niaga said on its website. The plan is in line with Indonesian central bank plans to consolidate the country's 130 banks,– Reuters - 206 words
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275 2008-07-21 18 Reuters [JAKARTA] Indonesia has appointed two new officials to head key policy making units for energy and mining, the energy minister said on Friday after lawmakers complained that the country was performing badly in tapping resources. Evita Lego wo, previously secretary of the nationalReuters - 275 words
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Advertisement67 2008-07-21 18 Ait///*, I r/ ilk m v THINK BIG At The Business Times we know that as an emerging start-up, you harbour big dreams. We capture strategic market directions and trends to help you realise your ambitions and potential. We empower you with the Emerging Enterprise Awards as you leap over67 words
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GREATER CHINA/INDIA
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Article, Illustration630 2008-07-21 19 -AFP Analysts expect the economy to continue to grow rapidly after Games [BElJlNG] China's robust economy is unlikely to hit the skids after the Olympics, unlike most host nations who have endured post-Games downturns, analysts say. All but one host of the Games over the-AFP; REUTERS - 630 words
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422 2008-07-21 19 Reuters 2010 Grand Prix is on track, says Force India team owner [HOCKENHEIM, Germany] India will start construction of a Formula One circuit near New Delhi in October and is on track to host its first grand prix in 2010, ForceReuters - 422 words
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333 2008-07-21 19 Bloomberg [MUMBAI] Reliance Communications, India's se-cond-largest mobile phone operator, and South Africa's MTN Group have ended discussions to combine their operations following threats from Reliance Industries to block the transaction. "Owing to certain legal and regulatory issues, the parties are unable to– Bloomberg - 333 words
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272 2008-07-21 19 Bloomberg [WASHINGTON] China violates global trade rules by requiring carmakers operating there to buy components from local suppliers or face penalties, the World Trade Organization ruled. The decision, issued last Friday in Geneva on a complaint brought by the European Union, USBloomberg - 272 words
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455 2008-07-21 19 Bloomberg Sudden outflow may cause inflation, destabilise market [BEIJING] China has tightened scrutiny of foreign direct investment to prevent "fake" ventures that the government said are acting as channels for speculative capital and endangering the world's fastest-growing major economy. Sham joint ventures and shellBloomberg - 455 words
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Advertisement129 2008-07-21 19 lIiIiAIIUUvIyvN^ tf y°u are'n an Y °f these situations: r"*^ You are entrusted to set up new business in Singapore, either with overseas or Vyf 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 help129 words
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Advertisement69 2008-07-21 19 I I 1 I I 1 THE* ARE (IN ENGUSH AND CHINESE) Tune in to the New Morning Show. Shake Bake with Suz and Sheikh. Monday to Friday, 6AM -10AM. RADDQ 100% PURE FUN 1900-911-0188 01 Oem $0,214 per call(indusive of GST) Üb^J>l Bill Callers below ISyears of age must69 words
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WORLD
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572 2008-07-21 20 Reuters Overseas investors will now own over 40 per cent of the bank's shares [LONDON] Qatari and Asian investors will provide the bulk of Barclays' £4.5 billion (5512.1 billion) fundraising after the British bank said on Friday less than a fifth of itsReuters - 572 words
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Article229 2008-07-21 20 Reuters [BOSTON] Investors cut their allocations to hedge funds by three quarters during the first half of 2008 from a year ago as the loosely regulated portfolios posted their worst returns in about two decades. According to data released by Hedge Fund Research (HFR) onReuters - 229 words
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Article, Illustration49 2008-07-21 20 AFP [NEW YORK] Dancer Michael Schumacher performing 'Dance le Jar din' at East River Park last week as part of 'Dance Out' -five days of free outdoor dance in all five boroughs sponsored by Joyce Theater and the New York City Parks. The event ended yesterday.AFP - 49 words
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564 2008-07-21 20 Bloomberg US MORTGAGE CRISIS FDIC says it's to speed up payouts in a bank failure [WASHINGTON] The Federal Deposit Insurance Corp has set a rule for banks to improve its ability to determine whether a customer's deposits are insured and speed up payoutsBloomberg - 564 words
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Article416 2008-07-21 20 Jul 18 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya BaXTank" 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank o America NA 5 Bank416 words
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Article, Illustration488 2008-07-21 20 Reuters [CINCINNATI] A flood of bad news on the US economic front has sown a palpable fear among consumers and many, it seems, are cutting back to save a little money. Big money purchases were hit months ago, when nervous and pinched buyersReuters; AP, International Council of Shopping Centers - 488 words
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Article744 2008-07-21 21 -MT Many firms should benefit, some more than others and some more than expected if prices should fall [NEW YORK] It's one of the biggest what-ifs in the markets: What if oil prices stage a significant and persistent retreat? The question took on some-MT - 744 words
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725 2008-07-21 21 IHT WTO meetings expected to be tough, long, bloody [BRUSSELS] When global trade talks ran into the night in Geneva in the summer of 2006, so many negotiators crammed into one room that they faced an unpalatable choice: keep the windowsIHT - 725 words
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Article, Illustration260 2008-07-21 21 Xinhua [LOS ANGELES] Billionaire Bill Miller, Yahoo's fourthlargest shareholder, has voiced his support for the Internet giant in its battle with dissident investor Carl Icahn, the San Jose Mercury News reported on Saturday. Mr Miller, chairman and chief investment officer of Legg Mason CapitalXinhua; REUTERS - 260 words
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Article, Illustration618 2008-07-21 21 AFP Firm faces challenge as it tries to make USss2b deal pay off [BRUSSELS] Inßev may be based in Belgium and have strong ties to Brazil, but the brewing giant has grand plans to sell Budweiser what it calls America in a bottleAFP; BLOOMBERG - 618 words
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243 2008-07-21 21 Bloomberg [LONDON] Morgan Stanley and Dresdner Kleinwort Ltd may each be left owning as much as 7 per cent of HBOS pic, Britain's biggest mortgage lender, after the stock plunged during a £4 billion (Sslo.B billion) rights offering they underwrote. The twoBloomberg - 243 words
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375 2008-07-21 21 Bloomberg [NEW YORK] Teva Pharmaceutical Industries, the world's biggest maker of generic drugs, has agreed to buy rival Barr Pharmaceuticals for U557.46 billion to add markets in Eastern Europe and sales of the Plan B contraceptive pill. The stock-and-cash purchase valuesBloomberg - 375 words
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Page 20 Advertisements
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Advertisement62 2008-07-21 20 jJnjapCJ-e'i leading t^^B I FAmiLtiVS \>k I F.MJ. LOOKS _^^-M Kts^l I ■VOiUMIWJLiSh-'J-, I SICTjcrL»BED-. EDGY LKis -TJWEDO JACKET tK I OVEBSBED JF*tUFBV BHJtn' I kwaychap T I /-;.,^n^ J| H^^—' Aj A I qakava! I i KUSHIVAKI ■j AMD MOBE 111 B Local information, RH^RH9^RffiS¥lS^fl9 local content. J "^■PP|Hl|lMl|filH62 words
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Advertisement23 2008-07-21 20 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email Bfl notices@sph.com.sg. Bfl23 words
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FORMULA ONE
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Article, Illustration675 2008-07-21 22 AFP He powers back to lead after dropping to fifth place at his final pit-stop [HOCKENHEIM, Germany] Briton Lewis Hamilton delivered another massive endorsement of his great potential yesterday when he opened a clear lead in this year's drivers' championship by winning the German GrandAFP; AP - 675 words
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Article, Illustration970 2008-07-21 22 22 Force India's Adrian Sutil was tickling the ivories until the race track beckoned. Now, a revving machine is music to his ears [NEW YORK] PERHAPS it was like a young concert pianist performing a perfect concerto before a full house when his22; AFP - 970 words
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Article2815 2008-07-21 22 Transaction date: Jul 18 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 lank Of E Asia leida Jade Bird leijing2,815 words
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Article117 2008-07-21 22 Stock name Close Change Capita Land 5.590 -0.090 Capita Mall 3.070 CityDev 10.520 -0.060 Cosco Corp 3.030 -0.090 DBSGrp 18.660 +0.040 F&N 4.390 -0.050 Gent Intl 0.560 -0.010 HK Land 4.100 +0.100 tod name lose lange JSH 16.240 +0.240 JardineC&C 16.020 -0.100 Keppel Corp 10.600 Keppel117 words
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Article102 2008-07-21 22 Up Down Unch Up Down Undi Up Down Unch lulti Ind 1 15 2 0 0 0 1 15 2 lanufacturini 41 152 43 13 19 11 54 171 54 ■ommerce 20 42 14 16 22 58 19 r/G 10 24 10 28 :inance 28 29 instruction102 words
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Article126 2008-07-21 22 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 92,436 92,436 396,392 396,392 Manufacturini 1,166,625 157,613 1,324,238 1,278,178 13,445 1,291,623 Commerce 229,943 100,009 329,952 387,370 33,967 421,337 Tpt/Stor/Comms 417,438 2,721 420,159 1,133,104 830 1,133,934 Finance 163,029 71 163,100 1,579,769 16 1,579,785 Construction 125,438 75,479126 words
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Page 22 Advertisements
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Advertisement21 2008-07-21 22 SCORE CARD Keep your investors informed by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.21 words
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AVIATION/SHIPPING
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Article, Illustration533 2008-07-21 23 -AFP The 27 km line whisks passengers downtown from airport in 20 mins [BEIJING] A high-speed Beijing airport rail link built in time for the Olympics won kudos from its first batch of passengers who were whisked from the city's gleaming new terminal to-AFP; XINHUA - 533 words
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Article, Illustration842 2008-07-21 23 Reuters Asian builders offer lower prices but also less individuality [KAOHSIUNG, Taiwan] Fast-moving Asia is vying for a bigger share of the multi-billion-dollar luxury ship market serving the rich and famous. Led by Taiwan and increasingly China, Asia has narrowed the gap– Reuters; REUTERS - 842 words
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214 2008-07-21 23 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, fell last week as a four-month Argentine farmers' protest curbed Atlantic cargoes. Producers have blockaded roads and held strikes after higher export taxes were introduced in March. The levies, voted– Bloomberg - 214 words
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213 2008-07-21 23 AFP [BANGKOK] Thailand budget airline One-Two-Go announced on Saturday that it was suspending its operations for eight weeks, to allow time for financial restructuring. Services will stop from July 22 until Sept 15 as the impact of high fuel prices hits the no-frills carrier. "One-Two-GoAFP - 213 words
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Article2541 2008-07-21 23 AIRLINE CODES' AA American Airlines (AAL) AF Air France (AFR) AI Air India (AIC) :mnair Oy (FIN) -aL Alitalia Airlines (AZA' Airways Public Ltd'co(BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlin J Bouraq Airlines (BOUI T»ays Corpn (EVA), CA Air China (CCA), CB American2,541 words
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Page 23 Miscellaneous
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Miscellaneous293 2008-07-21 23 CRYPTIC CROSSWORD ACROSS 7 Trappings of royalty from BB__BB__BB__B^^^HB__BB__BB__BB 10 It's about everything in gen- fl^ M Ha Hi HI Hi 11 Her Royal Highness goes to —^J——^J——^B—^J—^J and fro (4) IB JHHIH IB IE IH HI 14 A canopy under his scrutiny fl^B^Bfl HI WU WU [g) PBBiI I^^^B293 words
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SINGAPORE STOCKS
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Article8974 2008-07-21 24 Week ended: Jul 18 52-wks Tel |h Low Code Last Sale Vol Week Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E MCap $mil Hi* Com| )ati] 5716 1st Software 20.5 5.5 3148 STelecom 26.5 8 5834 A-Sonic 110 100 6389 ABF SG Bond ETF8,974 words
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Article75 2008-07-21 24 52-Wk Tel Hiqh Low Code Last Sale Vol COOO) 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 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS75 words
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Article2057 2008-07-21 24 52-Wk Tel High Low Code Last Sale Vol COOO) Week Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Comi >an< Hii 20 11.5 1181 s AAGrp 36.5 15 5000 s ABR Hldgs 32 18 8538 s APStrategic 16 2.5 1501 s Advanced System2,057 words
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Article213 2008-07-21 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer213 words
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Page 24 Advertisements
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Advertisement26 2008-07-21 24 Sole Distributor Service Centre: AUDEMARSPJGUET (SINGAPORE) PRIVATE LIMITED .igU 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 J?*^^^^^^^^^^^^ Internet: Http://www.audemarspiguet.com gbf26 words
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FINANCE & COMMODITIES
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369 2008-07-21 25 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 18 World Index Preliminan 944.2 0.4 -16.6 0.4 -19.4 0.1 -14.3 EAFE Preliminai 891.2 0.9 -20.5 0.6 -20.8 0.4 -15.1 Euro[ Preliminan 1214.6 1.7369 words
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Article120 2008-07-21 25 A= 9am mis Singapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 1.3070 1.3230 San dollar 1.3370 1.3530 luro 2.1290 2.1540 IZ dollar 1.0240 1.0460 iterlini md 2.6850 2.7160 JS dollar 1.3440 1.3600 .ocal dollars to 100 units if foreign currency: Currencies120 words
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Article160 2008-07-21 25 Jul 18 Svernight 3/8 -month 7/8 -months 1 l-months 1 1/8 Overnight mode: 5/16 IS$ Offer 1/4 3/4 7/8 1 Bid 1 days I month > months S months S months 1 months 12 months CAu 2.40 2.63 2.85 3.00 3.20 3.35 3.45 Offer 2.30 2.53 2.75 2.90160 words
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Article16 2008-07-21 25 Jul 18 STI ilMSCI Jul 355.8 355.8 350 "aiwan Jul 269 270.3 261.916 words
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Article21 2008-07-21 25 Jul 18 Bid Offer -month 1.3497 1.3509 !-months 1.3476 1.3489 i-months 1.3459 1.3472 i-months 1.3407 1.3420 Source: OCBC21 words
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Article152 2008-07-21 25 Jul 18 lurrencies Bid Offer Bid Offer >$IUS$ to one unit of foreign currency: Australian dollar 1.3127 1.3143 0.9710 0.9715 Sanadian dollar 1.3418 1.3435 0.9926 0.9930 luro 2.1415 2.1435 1.5841 1.5844 IZ dollar 1.0310 1.0324 0.7626 0.7631 Sterlini md 2.6924 2.6947 1.9916 1.9918 IS dollar 1.3519 1.3529152 words
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Article375 2008-07-21 25 Jul 18 URODOLLAR FUTURES >ep08 Dec08 v1ar09 un09 97.130 96.905 96.810 96.615 0 0 0 0 ***** ***** 6218 3759 EUROYEN FUTURES >ep08 99.150 99.150 Dec08 99.120 99.125B v1ar09 99.080 99.095 Iun09 99.020 99.035 iep09 98.960B Dec09 98.885B vlarlO Iun10 99.145 99.120 99.080 99.020 99.145 99.120 99.080375 words
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Article281 2008-07-21 25 juMs 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 09 431.25 426.50 424.75 424.75 424.00 423.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open Interest AugO8281 words
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Article100 2008-07-21 25 Jul 18\ SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 08 1470.00 1521.00 1528.00 1470.00 Sep 08 1458.50 1508.00 1514.00 1459.00 Nov 08 1448.00 1498.00 1508.00 1447.00 Jan 09 1463.75 1513.75 1521.00 1465.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 08 62.09 63.42 63.50100 words
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Article78 2008-07-21 25 CRUDE OIL PRODUCTS Ju ,i7 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 135.9 0.7 WTI (Near Mth) 129.64 -4.96 Dubai (1 -Mth F) 131.15 -3.51 Tapis blend 145.3 -4.1 Minas 138.95 -5.15 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 125.27 167.40 -3.81 -3.. USS/barrel Opec78 words
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Article464 2008-07-21 25 Jul 18 Rm Euro HK! lm Rs Ru Yen Won RM NZ! Pal Rs Peso Ram NT! Bal it Pouni US! Australia 0.978 6.624 0.613 7.573 41.618 88.894 1.033 9.848 3.149 1.273 68.910 43.196 1.314 7.356 0.992 29.483 32.377 0.488 0.971 Canada 1.022 6.771 0.627 7.742 42.542464 words
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Article88 2008-07-21 25 Jul 18 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****H 16.10.08 1-Year BY*****N 04.05.09 0.35 0.62 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid His Day's igh Low 2-Year N*****0F 2.625 5-Year N *****0V 1.625 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X88 words
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Article68 2008-07-21 25 June mth 2.***** 0.***** mths 2.***** 1.***** mths 2.***** 1.***** mths 3.***** 1.***** mths 3.***** 1.***** 2 mths 3.***** 1.***** ;WAP Offer rates (S$) mth 0.***** mths 0.***** I mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.*****68 words
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Article60 2008-07-21 25 juHB lelivery lonth Opening Range Sett Av Price Price Hii Vol Open Done Position Low \ug 08 3375 iep 08 3390 Dct 08 3397 >Jov 08 3400 fatal o/p: ***** contracts 3380 3390 3351 3387 3391 3354 3392 3405 3358 3391 3400 3361 Turnover: ***** Market tone: Lower60 words
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Article128 2008-07-21 25 juiia /oz) Jong Kong .ondon 960.70 863.10 961.70 864.10 Jul 17 Jul 18 971.40 956.70 972.40 957.70 Source: Reuters CAST BAR (S$) Jul 18 Buying Sellini Kilobar "44,838.35" ***** PAMP GOLD BARS (S$) Selling Buying gm jgm Ogm !0gm JOgm OOgm oz ozUBS Kinebar™ 100.58 285.69 509.32 959.79128 words
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Article70 2008-07-21 25 Jul 18] minimum, 99.7 jrity (USS/tonne) Co Close Previous Cash 2984.00 3078.00 3 months 3033.00 3127.00 Copper, Grade A (USS/tonne) Cash 3 months 8314.00 8085.00 8401.00 8160.00 Lead (USS/tonne) Cash 1971.50 3 months 1970.00 1963.80 1965.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash70 words
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Article81 2008-07-21 25 juns (£/tonne) Close Prev Hii ih/Low Sep 08 1443 1512 1502/1441 Dec 08 1457 1520 1510/1455 Mar 09 1450 1513 1502/1447 May 09 1453 1516 1487/1451 COFFEE (USS/tonne) Close Pev High/Low Jul 08 2461 2445 2464/2415 Sep 08 2376 2348 2379/2301 Nov 08 2319 2292 2326/2256 Jan 09 224081 words
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Article4319 2008-07-21 25 BONDS WARRANTS rel lode Com| Last Sale Vol Conv Exer +or- ('000) Ratio Price 'rem Expiry Disc Gear- mths ing Left >am 5058 Advance Modules Grp W*****3 6 5036 Advance SCT Ltd W*****9 0.5 -2.5 1 #ArianeCorp Ltd W*****9 0.5 3092 Asia Environment W*****4 16 1481 #Asia Water Tech Ltd4,319 words
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Page 26 Advertisements
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Advertisement2558 2008-07-21 26 The Business Times Shipping Times fll H W ijWJffrEJJflnHlffffffJEfflffnffffiß r WAN HAI INTERNATIONAL PTE LTD crnon69S92oooo/r \__^__Z [fl flll^^Bini^B^^BßßS^^nilH 1 ■■■>>■ ■>■■«• TEL *****558 (14LINES) FAX:*****163 fl_~l fl fl^CT^lArT^f^fl Bl^fl _WmWaS_mBkWStMSMu \\\M 1 WAN HAI INF\ Cusl..,n« S«vi<e B.K.king^ Diie.t Line (1800) *****200 JI rflllllHiyil I HlffiHfflSß^^K[SESiafflufl V, '""I" Hnl2,558 words
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Page 27 Advertisements
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Advertisement3311 2008-07-21 27 RICKMERS-LINIE I I Tjrgn EASTERN CAR LINER. LTD I flit £J(&39^ I Regular Breakßulk/Project/SOC Conventional Services website: www.rickmers.com I 111 E» I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I cniirniii r USA Service n WbbKLY bXrnboo bAIUNIi oLHbUULb Vessel I Vov "I SIN I ALT I HOU I3,311 words
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Page 28 Advertisements
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Advertisement5510 2008-07-21 28 5: ANDERSEN~ M 65' 6™T™°"o« 2o 2 S io 9'.in I tt2n fiinnv MAi/lfiATIflN RRflllPl UimKk'^M tZU mSU r\ sH ippiNG company/ 70Sh_ntonWay, #21 -03 Marina House Singapore *****8 ■KM "■"nl WHWIUHI lUil UllUUr I JiiiiiiiffiilPJiiiiPPMWl MMR Mi NORTH WEST EXPRESS LINE «&4*_*»U*ls»^'*l Mfr(«i MONTHLY SERVICE TO WESTERN AUSTRALIA AND5,510 words
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BizIT
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Article, Illustration681 2008-07-21 29 IDA's broadband penetration target of 90% of households could be met this year, seven years ahead of schedule, reports WINSTON CHAI The government looks set to hit its broadband adoption target way ahead of schedule, with the take-up of high-speed Internet packages byIDA 2008 - 681 words
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318 2008-07-21 29 Reuters Surveys cite ongoing economic doubts for sluggish Q2 showing [SAN FRANCISCO] Growth slowed in the United States market for home and business computers in the second quarter because of the ongoing economic uncertainty, according to two surveys released last week. Some 17 million personalReuters - 318 words
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Article, Illustration1020 2008-07-21 30 THIS SERIES IS BROUGHT TO YOU BY AVOCENT Avocent's DSView® 3 Management Solution reduces risk and improves efficiency of management staff ONE of the primary reasons that virtualisation is being deployed is to optimise the use of IT resources, space and power. A data centre typically consists1,020 words
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356 2008-07-21 30 Centralised Secured Desktop Management with HMX solution DESKTOP over IP solutions are designed for desktop administrators who need to physically separate the computer from the user in the work environment. Physical separation of the computer and user can be critical where security and/or environmental issues are major concerns. The Avocent356 words
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Article, Illustration797 2008-07-21 31 ONG BOON KIAT - ONG BOON KIAT The company will launch its 32G8 thumbdrive by September By SINGAPORE'S Trek 2000 International, inventor of the "Thumb Drive" portable USB memory device, intends to set up an in-house intellectual property (IP) management team in one to two years' time,FILE PHOTO - 797 words
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Article, Illustration544 2008-07-21 31 AMIT ROY CHOUDHURY - AMIT ROY CHOUDHURY It meets demand for integrated hosting, network services By INTEGRATED hosting and network services provider Sawis has announced the opening of its expanded Singapore data centre. Speaking to BizlT, Savvis chief executive officer Phil Koen noted that the data centre in544 words
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491 2008-07-21 31 AFP [LOS ANGELES] Videogames are getting smarter with virtual enemies improvising during battles, storylines shifting based on moral choices and in-game characters sending players text messages for help. Titles unveiled at the just-concluded Electronic Entertainment Expo in Los Angeles feature artificial intelligence (AI), makingAFP - 491 words
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310 2008-07-21 31 NYT [NEW YORK] Robots already cut the grass and vacuum rugs. Now they are helping with a more artistic job: creating vast photographic panoramas with ordinary cameras. A new, inexpensive robotic device from researchers at Carnegie Mellon University attaches snugly to almost any standardNYT - 310 words
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Article, Illustration1170 2008-07-21 33 AMIT ROY CHOUDHURY - AMIT ROY CHOUDHURY <cool stuff> Nokia's new flagship E-series phone combines good looks with great functionality by THE first question that strikes you when you take out the E7l from the box is: Hey, did Nokia get the N and E alphabets mixed up? Unlike many otherJOSEPH NAIR - 1,170 words
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520 2008-07-21 33 ■NYT Internet sales are expected to surpass USs2oob this year [NEW YORK] To go shopping these days, more Americans are trading in their car keys for a keyboard. Online shopping is gaining at a time when simply filling up a petrol tank to head■NYT - 520 words
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<what's up>
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Article, Illustration93 2008-07-21 33 LOGITECH promises to turn the handphone into a portable boom box with its new speaker system. Pure-Fi Mobile (above) is said to transform low-fidelity audio from phones into high-quality stereo sound. It can be linked wirelessly to a handset through Bluetooth for music streaming, and93 words
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Article, Illustration88 2008-07-21 33 CREATIVE Technology has taken the wraps off a new headset designed for the Apple iPhone. The EP-630i (above) features a slim built-in microphone that allows the user to switch from music to calls with the push of a button. It uses 9mm Neodymium magnet drivers to88 words
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Article, Illustration104 2008-07-21 33 FUJITSU has introduced the Lifeßook T5OlO (below), its latest tablet PC. By twisting the screen, the computer can be converted from tablet mode into a more conventional laptop form factor. Powered by Intel's Centrino 2 and Core 2 Duo processors, the Lifeßook T5OlO104 words
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118 2008-07-21 33 BROTHER International has launched a new line of multifunction laser printers tailored for small office users. The 7000 series boasts of print speeds of 22 A 4 pages per minute, comparable to some higher-end office lasers. Brother stretches its cost-efficiency claim further by offering118 words
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79 2008-07-21 33 SPORTS fans will receive comprehensive coverage of the Olympics free, with Star Hub dedicating six channels to the Beijing Games. Channels 601 to 606 will be turned on next month. They will carry live and delayed telecasts of various events, including complete coverage79 words
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112 2008-07-21 33 MOBILE industry trade group GSMA has called for entries for the Asia Mobile Awards and the Asia-Pacific leg of its Mobile Innovation Global Competition. To reflect recent changes in the telecommunications industry, the Asia Mobile Awards 2008 will feature several new categories such as112 words
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Article83 2008-07-21 33 SAP has joined hands with SIM University (UniSIM) to offer a certification programme that does away with classroom lessons. Students can acquire SAP's Enterprise Resource Planning certification through e-learning modules, via the UniSIM-SAP e-Academy. Students can choose between six different SAP tracks, each made up83 words
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111 2008-07-21 33 NETWORKING equipment maker Nortel has appointed Francois Lancon head of its operations in the Asia-Pacific region. Mr Lancon previously led Nortel's regional enterprise solutions business. He takes over part of the leadership responsibility from Michael Pangia, Nortel's former president for Asia. Mr Pangia is returning111 words
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200 2008-07-21 33 Bloomberg [SAN JOSE, California] Facebook Inc, the most popular social-networking website, sued the German company StudiVZ Ltd claiming its online network for students copied Facebook's design, functionality and features. StudiVZ.net, which says it is the largest network for students in German-speak-ing countries,– Bloomberg - 200 words
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BizIT FOCUS
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Article, Illustration1607 2008-07-21 34 INTELLIGENT BUILDING TECHNOLOGIES New technologies are making intelligent buildings of today even smarter tomorrow, writes ONG BOON KIAT BUOYANT real estate developers in oil-rich Middle Eastern countries, bustling Vietnam and the high-tech cities of China increasingly share a common trait these days: they are not afraid1,607 words
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439 2008-07-21 34 ONG BOON KIAT - ONG BOON KIAT By THE current real estate boom in the Gulf States and the Asia-Pacific has fuelled a bullish intelligent building market, and two of Singapore's biggest IT service providers NCS and ST Electronics are reaping the rewards. Lim Eng,439 words
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Page 29 Advertisements
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Advertisement78 2008-07-21 29 AVAYA WILL CHANGE THE WAY YOU CONNECT WITH CUSTOMERS. k I'm Daniel, head of IT for a customer L contact centre. My communications R software identifies customers by their I phone number and connects them to the R right rep the first time. My competition W wishes they had this78 words
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Page 29 Miscellaneous
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Miscellaneous8 2008-07-21 29 TREK 2000 Thumbdrive inventor gives update PAGE 318 words
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Page 30 Advertisements
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Advertisement320 2008-07-21 30 •^9 Avocenb. NOW YOU CAN! Your Data Center Power Consumption and Cost With the latest Avocent DSView® 3 Centralized U^^^MjJl Management Solution with Power Manager, you are able to W»-- jV^^r b^^T^^: monitor and measure the power consumption and energy <m _______mw^J__~'~'r^***f' W_^_. usa 9e °f '"I" Equipment in your320 words
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Page 31 Advertisements
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Advertisement190 2008-07-21 31 Balanced Currency Harvest Euro L^^|UllM&a^l£A|Slll|ll23xl32L^| IIC 14/07/08 108,95 EUR I Booster Capital Guaranteed Fund USD I lvii!!? ™-^k RID 10/07/08 10.33U5D rfW W*^^^\-«eeW~\- IgHBBI ■MUMBBMMiJ fe^ViHQ X Croci Alpha Pairs Sectors USD •**<" RIB I-WOJ \2.n SGD SWA I cmci Alpha Pa^seciors^usD I Departs Daily to Kuala Lumpur Malacca IWHaffBffPBIWaBBId190 words
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Advertisement639 2008-07-21 31 Lianhe Zaobao I I "a^"a^"a^"a^"a^'a^'a^' a^'a^'a^'a^'a^'a^'a' IN THE MATTER OF im tup matter nc tup THE COMPARES ACT, CAP. 50 COMpInScT.^Io HOC HIO^AM ekelpteltd tick equity pte. Ltd. I CIO UlflwCU CO. REG. NO. *****1384 M (IN MEMBERS'VOLUNTARY m |^B«mWWW» NOTICE OF RESOLUTION LIQUIDATION) At an Extraordinary General Meeting of639 words
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Advertisement157 2008-07-21 32 ALTERNATIVE THINKING ABOUT BUSINESS AND TECHNOLOGY: «V \J Buy a ProLiant DL3BOGS server by 31 st August 558,238 Nett and be entitled to purchase the Microsoft Quad-Core Intel® Xeon® Processor E5405 t Windows Server 2008 Standard Edition (Can 146G8 2.5- ioksas be downgraded to Microsoft Windows Server Hot-piuggabie 2003 Standard157 words
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Advertisement338 2008-07-21 33 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, giving338 words
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Advertisement145 2008-07-21 34 j^Bfc^-L— H <(\ f -^st I v V H^ ~p WMr 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 intelligence145 words
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Advertisement8 2008-07-21 34 This series is brought to you by CommScope8 words
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