The Business Times, 30 July 2008

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Microfilm: NL29428
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg «P* A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Wednesday, July 30,2008
    25 words
  • Article
    Lock icon Temasek hikes stake as Merrill slashes exposure
    869 1  -  MICHELLE QUAH Singapore investment company avails USs2.sb rebate to take up USs3.4b of public offering [SINGAPORE] Temasek Holdings has confirmed its decision to take up a sizeable chunk of Merrill Lynch's latest public offer, as the investment banking giant seeks to rebuild its
    869 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONGKONG 5.25 INDONESIA 15.512 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.74 INDIA 12.75 Source: I
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      44 1 I COMP 1,150.80 -3.29 IIKKEI225 13,159.45 -194.33 IANG SENG 22,258.00 -429.21 ;et index 676.73 -8.80 JAKARTA COMP 2,278.68 +3.01 IANILACOMP 2,526.04 -14.77 lEOULCOMP 1,567.20 -31.09 IHENZHEN B 462.77 -5.54 IUMBAI IND 13,791.54 -557.57 12 noon EDT Change )OW 11,298.15 +167.07 IASDAQ 2,313.11 +48.89
      44 words
    • Article
      Lock icon FOREX
      40 1 IS$ (S$ per US$) 1.364 (USS/SS per 1.994 2.719 :uro (USS/SS/E) 1.575 2.148 'EN 107.60 78.90 3.261 2.391 IK$ 7.801 5.721 !AHT 33.48 24.55 IUPIAH 9,128 6,693 IENMINBI 6.832 5.010 INDIAN RUPEE 42.64 31.27 1.044 0.766 IZ$ 1.350 0.990
      40 words
  • Article
    Lock icon Americans grim about prospects in short term
    592 1 -AP But Conference Board finds outlook brightening slightly [NEW YORK] Amid the gloom of higher gas and food prices and a slumping housing market, Americans appear to be looking for a bit of hope. Their outlook has brightened a bit, even though they
    -AP  -  592 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      59 1 MOTORING COMMENTARY CORPORATE BE INSPIRED I Gemballa arrives mmmmWrnt^ More pain looms RESULTS Zap for daily inspiration. in S'pore TW"'' J(P L* forOSIM SPC: Q2 profit up Win a Zegna Sports WM page 21 (&^\\^mmmr**^' H PAGE5 marginally page 5 Gym Kit! page 13 BPpIpIH m 2010 youth olympic games
      59 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Employment of older workers hits record high
        76 2 A STRONG economy has not only created more jobs in Singapore but also spread them to older workers, resulting in a record employment of those 50 and above. According to a report released yesterday by the Ministry of Manpower, 47.8 per cent of
        76 words
      • Article
        Lock icon SPC Q2 revenue jumps 65% but profit up marginally
        69 2 DESPITE revenue surging almost 65 per cent to $3.25 billion for the second quarter, Singapore Petroleum Company recorded a marginal 0.6 per cent year-on-year rise in net profit to $180.26 million for the three months ended 30 June. Earnings per share
        69 words
      • Article
        Lock icon Capita Land's Bahrain project enjoys strong demand
        71 2 CAPITALAND has reported strong demand for residential apartments within the first Raffles City-branded integrated development in the Gulf Co-operation Council region. The group launched private sales for the Tower 2 block in Raffles City Bahrain about a month ago. Eighty per cent, or
        71 words
      • Article
        Lock icon LMIR Trust beats forecast with $16m distributable income
        65 2 LIPPO-MAPLETREE Indonesia Retail Trust (LMIR Trust) yesterday said that its second-quarter distributable income came to $15.9 million 3 per cent higher than the $15.4 million forecasted. Distribution per unit (DPU) for the three months ended June 30, 2008, was 1.50 cents, also
        65 words
      • Article
        Lock icon JTC Corp net surplus surges 51% to $1.17b
        98 2 DRIVEN by the strong economy and buoyant industrial property market, JTC Corporation yesterday reported a group net surplus of $1.17 billion for the financial year ended March 31, 2008 a 51 per cent jump from the previous year. The big improvement was
        98 words
      • Article
        Lock icon M'sian central bank may act on price gains
        62 2 MALAYSIAN central bank governor Zeti Akhtar Aziz said another round of price increases may trigger a "monetary response" after inflation surged to a 26-year high last month. "Our concern at this stage would be the generalised second-round effect of price adjustments, which
        62 words
      • Article
        Lock icon US slowdown may be prolonged: IMF
        93 2 THE International Monetary Fund said on Monday there's no end in sight to the US housing recession and warned that deteriorating credit conditions for consumers and banks may prolong a period of slow economic growth. "At the moment, a bottom for the housing market
        93 words
      • Article
        Lock icon India surprises with 50 basis point rate hike
        69 2 INDIA'S central bank raised its benchmark rate by 50 basis points yesterday to its highest in seven years and hiked the cash reserve ratio, delivering a bigger-than-expected tightening to quell double-digit inflation. The central bank raised the short-term repo rate as expected,
        69 words
      • Article
        Lock icon Sales of GPS devices to S'pore motorists boom
        88 2 SALES of mobile navigation devices to Singapore motorists are booming because of growing interest and falling prices. It is estimated that local sales in 2007 totalled about $10 million and this year, the figure is expected to grow by at least 50
        88 words
    • Article, Illustration
      Lock icon Kwek Leng Joo roped in to woo sponsors for YOG
      505 2  -  LEE U-WEN 2010 YOUTH OLYMPIC GAMES CityDev boss heads panel to help attract sponsorship worth $40-50 m [SINGAPORE] Organisers of the 2010 inaugural Youth Olympic Games (YOG) in Singapore have set their sights on attracting $40-50 million in sponsorship over
      505 words
    • Article, Illustration
      Lock icon Oil declines as US$ gains against euro
      410 2 Bloomberg, AFP [NEW YORK] Crude oil declined as the US dollar strengthened against the euro, limiting the appeal of commodities as an inflation hedge. Oil has fallen 16 per cent since its July 11 record as the dollar has strengthened against the euro.
      – Bloomberg,; AFP; REUTERS  -  410 words
    • Article
      Lock icon US regulators expect more bank failures
      343 2 Seven banks shut so far this year, 2 this past weekend [WASHINGTON] US bank regulators said they expect more lenders to fail this year as the pace of shutdowns returns to more typical levels. Regulators have closed seven banks so far this year, including
      343 words
    • Article
      Lock icon Merrill does a hard reset
      361 2  -  RICHARD BEALES P breaking .com MERRILL Lynch is raising yet another US$B.5 billion of capital but paying US$2.5 billion straight back to Temasek. Back in December, the Singapore investor threw in US$4.4 billion at US$4B a share, But Merrill agreed to pay compensation if it
      361 words
    • Article
      Lock icon Employment of older workers hits record high
      569 4  -  CHUANG PECK MING Bulk of employment rate increase comes from entry of older folks into workforce [SINGAPORE] A strong economy has not only created more jobs in Singapore but also spread them to older workers, resulting in a record employment of those 50
      569 words
    • Article
      Lock icon Air Ocean probe enters last lap
      337 4  -  YEN SREENIVASAN Further action may follow over disclosure of ex-CEO's arrest [SINGAPORE] Logistics firm Air Ocean is poised to make news again as a probe by the authorities enters its final stretch, BT understands. The inquiry centres around the Securities and Futures Act. The
      337 words
    • Article
      Lock icon Hiring process drawn out as caution rules
      490 4  -  CHUANG PECK MING More eyes scrutinise candidates now in accounting, finance sectors [SINGAPORE] In another sign of the slowdown in Singapore's job market, employers are slowing their recruitment process at least for jobs in the accounting and finance sectors. Employers are now taking
      490 words
    • Article
      Lock icon Maybank hopes to get $500m from Sing-dollar bond issue
      467 4  -  SIOW LI SEN By [SINGAPORE] Maybank is the latest to offer high-interest-bearing notes to interest-starved investors. It is also the Malaysian bank's first Singaporedollar bond issue and further proof that the local market has become attractive for foreign issuers. Maybank expects
      467 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      201 2 THE MONETARY AUTHORITY OF SINGAPORE 11 Tenor Approximately 2 years Total Amount Allotted 500 1,400,000,000 Amount Allotted to Non-Competitive Applications SCD 106,478,000 Of which allotted to MAS Nil Total Amount Applied SCD 3,191,839,000 Coupon Rate 4.625% p.a. (Cut-off Yield Price 1.05% p.a. and on Allotment 107.152% Average Yield Price 1.00%
      201 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      1247 3 TARGET PROPERTIES rngnl^i fPP Sharing Asia's Growth f^ Singapore Hong Kong Japan Malaysia China South Korea £A 11» WJ I»U f m \l H_^ At DBS Bank (includin9 POSB)>OCBC Bank and/or UOB ATMs (a unit trust constituted on 5 July 2004 Jjj]_jJj^[|jM" liAgniW closing date: 13Augu5t2008,9.30 p.m. J under the
      1,247 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      262 4 Gen V Engaging the New Age Employees Conference Developing Effective HR Strategies to Attract Retain Today's Young Professionals in the Workforce fU*; Leverage on Gen V's Potential with Case Studies «C-j^*j Insights from: «lL JBrXl accenture SDatacraft oitte II IHL Hifi performance, OttytmL II HV Ak Hseriousplw »lltal!*-S i;: '^B^^^gl^^g^^^^^^
      262 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      104 4 Lianhe Zaobao I I Chongqlngjs I I -I htmi nn i Course Date: nth 12th Aug. Sign up now! www.rankbooks.com or coil 6250 8180. J.^ mbj^mam a b i s»nse T w.v =r I its property 8722/5800sqft Cosy Well Kept Hse, Nice Gdn 8M m. CABLE ROAD 112IIKG1 *****sqft excellent
      104 words
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  • COMPANY NEWS
    • Article
      Lock icon SPC Q2 revenue leaps 65%, but profit up marginally
      432 5  -  NISHA RAMCHANDANI Higher costs, weak US$ offset better refining margin; no divestment gain DESPITE revenue surging almost 65 per cent to $3.25 billion for the second quarter, Singapore Petroleum Company (SPC) recorded a marginal 0.6 per cent year-on-year rise in net
      432 words
    • Article, Illustration
      Lock icon SIA sees no drop in business travel
      499 5 Reuters SINGAPORE Airlines, the world's No 2 airline by market value, sees continued demand from business travellers despite a slowdown in the world economy, but expects margins to be squeezed by sky-high fuel costs. SIA said yesterday it was still looking to expand
      Reuters  -  499 words
    • Article
      Lock icon More pain looms for OSIM
      708 5  -  WONG WEI KONG FOR OSIM International, the pain just wouldn't end. And the once soaring company risks becoming one of the forgotten stocks on the Singapore Exchange. Last Friday, the healthy-lifestyle products group posted a net loss of $6 million for its second quarter to
      708 words
    • Article
      Lock icon Raffles City Bahrain receives good response
      324 7  -  EMILYN YAP 80% of the 124 units launched sold within three weeks, says Capita Land CAPITALAND has reported strong demand for residential apartments within the first Raffles City-branded integrated development in the Gulf Co-operation Council (GCC) region. The property group launched private sales for
      324 words
    • Article
      Lock icon SingPost's Q1 profit rises 2.9%
      175 7 SINGAPORE Post saw net profit grow 2.9 per cent year on year to $39.5 million for its first quarter ended June 2008. The rise came on a 4.6 per cent increase in revenue to $120.9 million, as Sing Post's three business segments did better. The
      175 words
    • Article
      Lock icon Keppel invests 40m yuan in Tianjin venture
      227 7  -  JAMIE LEE By KEPPEL Corporation has invested 40 million yuan (SsB million) in a second Tianjin joint venture (JV) company that would take on infrastructure projects at the Si-no-Singapore Tianjin Eco-City. The world's top offshore rig builder said yesterday that its subsidiary, Keppel
      227 words
    • Article
      Lock icon LMIR Trust beats forecast with $16m Q2 distributable income
      370 8  -  UMA SHANKARI Contribution from Sun Plaza boosts results; it is upbeat about prospects LIPPO-MAPLETREE Indonesia Retail Trust (LMIR Trust) yesterday said that its second-quarter distributable income came to $15.9 million 3 per cent higher than the $15.4 million forecasted. Distribution per
      370 words
    • Article
      Lock icon Fortune Reit Q2 distributable income up 13.5%
      392 8 FORTUNE Real Estate Investment Trust, which owns 11 Hong Kong malls, has posted distributable income of HK579.4 million (5513.8 million) for the second quarter ended June 30, 2008, up 13.5 per cent from the corresponding year-ago period. The latest Q2 bottomline included HK$2l.9
      392 words
    • Article
      Lock icon Mercator Q1 profit soars 16-fold to US$23.2m
      501 8  -  VINCENT WEE By MERCATOR Lines (Singapore), which was listed on the mainboard in December last year, yesterday reported a more than 16-fold jump in net profit for the first quarter ended June 30. Net profit for the three months rose to U5523.2 million
      501 words
    • Article
      Lock icon At a glance
      192 8 6 months ended June 2008 3 months ended June 2008 NET PROFIT TURNOVER NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT PREVIOUS I CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS I CHNG (S$m) z (S$m) (S$m) (S$m) 1 SPC 278.75 291.34 -4.3 5,957.38 3,899.52 52.8 180.26 179.24 0.6 3,251.02
      192 words
    • Article, Illustration
      Lock icon CDL opens its first E Asia resort hotel in Phuket
      520 9  -  ARTHUR SIM Hotel arm M&C opening 2 more hotels in China and one hotel in Chennai CITY Developments Ltd (CDL) has opened the 421-room Millennium Resort Patong Phuket after pumping in 4.3 billion baht (Ssl7s million) to create its first
      520 words
    • COMPANY BRIEFS
      • Article
        Lock icon Astra reports 81% jump in H1 earnings
        92 9 Reuters INDONESIA'S largest automotive distributor, PT Astra International Tbk, yesterday reported an 81 per cent jump in first-half net profit on strong automotive sales. The company, controlled by Singapore's Jardine Cycle Carriage Ltd, said net profit rose to 4.75 trillion rupiah (*****.7 million)
        Reuters  -  92 words
      • Article
        Lock icon STATS ChipPAC Q2 earnings triple
        47 9 STATS ChipPAC saw its net profit triple to US$22.l million for the second quarter to June 29, 2008, from US$7.4 million in the same period last year. Net revenues were US$434 million, up 17 per cent from US$37O million a year ago.
        47 words
      • Article
        Lock icon Samudera Q2 profit rises to US$7.98m
        46 9 SAMUDERA Shipping Line reported turnover of US$ll5.OB million for the second quarter ended June 30, up 25.8 per cent from U5591.45 miUion for the corresponding quarter a year ago. Net profit was US$7.9B million, up from U553.64 million last year.
        46 words
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      Lock icon Page 5 Advertisements Column 1
      74 5 __9_t r3 i ______________■'-~M&-- ,j'* t'' _____w v _____Hl__, V-^ WiTspcii *is* mz- *B,:p:**•w":■ i: w mr a ■Hr*r- g^^w^^^^?^?^!^f _______k. IV? I|BK lEJ'__^H .v_i i ..j* ~mW mwmmk _____L______*»m_^ h Jf^J SSF H "f' I l_ffH_M_El mv Is-^_B__m_k-^____ s__ySf-^ B_£i_to__&__ ■"^faM****™***-ff *?IMfl-Mii-r~.i tjZ £z ■HL j&* y9 1 "^fl
      74 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI falls as Dow, Asian stocks slip
      533 6  -  YEN SREENIVASAN STOCKS Market volatility may persist and even intensify in coming days, say brokers ARE we there yet? Sounds like impatient kids during a long road trip. But that's what many investors are asking after months of roll-er-coaster trading that has sent
      : Bloomberg  -  533 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      95 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 2 13 2 0 0 0 2 13 2 Manufacturing 44 62 60 14 52 66 74 Commerce 14 32 13 20 34 15 Tpt/Stor/Comms 18 10 20 11 Finance 26 26 Construction
      95 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      118 6 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 23,729 23,729 67,535 67,535 Manufacturing 230,352 19,860 250,212 170,832 1,996 172,828 Commerce 18,403 64,880 83,283 31,782 26,596 58,378 Tpt/Stor/Comms 85,864 187 86,051 217,847 52 217,898 Finance 39,016 39,016 319,965 319,965 Construction 45,710 5,048 50,758 7,687 250 7,937 Properties 39,676
      118 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      106 6 lapitaLand 5.660 -0.170 lapitaMal 3.040 -0.040 jtyDev 11.100 -0.060 Iosco Corp 3.060 -0.070 IBS Grp 19.040 -0.300 :&N 4.400 -0.100 Sent lntl 0.570 4-0.005 IK Land 4.100 -0.040 ISH 16.680 -0.020 lardineC&C 16.700 -0.300 Ceppel Corp 10.560 4-0.060 Ceppel Land 5.000 -0.160 IOL 2.980 -0.140 loble
      106 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      829 6  -  Lynette Khoo Singapore Airlines July 29 close: $15.38 CIMB-GK, July 29 BROADLY in line: Annualised QlO9 core net profit was 15.5 per cent higher than our full year forecast and 5 per cent ahead of consensus, driven by much larger-than-expect-ed associate contributions and the recognition of huge hedging
      Bloomberg  -  829 words
    • Article, Illustration
      Lock icon US$ steady after fall over financial jitters
      445 6 Reuters CURRENCIES [TOKYO] The dollar steadied yesterday, a day after sliding from a one-month high against the yen on jitters that bank losses and more troubles in the financial sector could further undermine the weakening US economy. Highlighting the ongoing damage from the
      ■ Reuters; BLOOMBERG  -  445 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      58 6 Jul 29 VALUE CLOSE IT OB/OS -155.00+148.C IT CADI -*****.00-104.0i IT 10-day MA -*****.00 -15.0' TSE ST Mid Cap 687.44 -9.5' TSE ST Small Cap 579.95 -1.9! TSE ST All Share 723.72 -6.3, TSE ST China Top 412.81 -4.6! TSE ST China 403.42 -3.3 OB Catalist 130.90
      58 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME Ocean us 61,947,000 China Honqxinq 44,853,000 JiutianC 42,907,000 KencanaAqri 38,403,000 UniFiber 28,031,000 Ferrochina 22,597,000 Mercator 21,977,000 Yanqzijianq 21,776,000 STI 2950 DBePWOBO9OI 18,412,000 Sing Tel 17,594,000 VALUE(S) SGX 111,978,660 DBS Grp 95,349,980 Capita Land 72,334,880 UOB 68,056,410 S I A 65,072,320 Sing Tel 61,763,370 Keppel Corp 41,640,400
      58 words
    • Article
      Lock icon RISES
      100 6 CLOSE UP Auric Pac 120 10.0 9.1 S I A 1538 10.0 0.7 StraitsAsia 260 8.0 3.2 IS Enen 204 7.0 3.6 STI 3200 BNPePW***** 64.5 6.5 11.2 Con 1056 6.0 0.6 SIA 200 1536 6.0 0.4 Cit 53 5.0 10.4 Ferrochina 134 5.0 3.9 ilanMBLePW***** 30 4.5 17.6
      100 words
    • Article
      Lock icon FALLS
      123 6 CLOSE DOWN 2994-149.9 -3.5 JMH Daiwa FT Shariah J. 897 -90.0 -6.9 China H 10US$ 1548 -81.8 -3.7 Creative Tech 576 -74.0 -11.4 India Ni 10 1340 -65.0 -4.6 lanMBLiCW***** 153 -42.0 -21.5 IS MSCI India 100 589 -38.2 -4.5 DBS Gr| 1904 -30.0 -1.6 Jardine C&C 1670 -30.0
      123 words
    • Article
      Lock icon CURRENCIES
      85 6 Where S$ stands Jul 29 CHNG CLOSE FR Jul 28 YR2008 S$ LOW S$ HIGH USS 1.3646 -0.26 1.4542 1.3457 Euro 2.1468 -0.10 2.2064 2.0474 Pounds 2.7205 -0.50 2.8431 2.6568 AS 1.3063 -0.15 1.3251 1.2349 Yen* 1.2674 -0.21 1.4484 1.2619 Rupiah* 0.***** -0.21 0.***** 0.***** Baht* 4.0722 -0.08 4.4299
      85 words
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      Lock icon Page 7 Advertisements Column 1
      1006 7 VOLUNTARY CONDITIONAL CASH PARTIAL OFFER by ANZ SINGAPORE LIMITED (Company Registration No. *****2937W) (Incorporated in the Republic of Singapore) for and on behalf of SINOCHEM INTERNATIONAL (OVERSEAS) PTE. LTD. (Company Registration No. *****5994Z) (Incorporated in the Republic of Singapore) To acquire 51% of the issued and paid-up shares of GMG
      1,006 words
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      240 8 WORLDWIDE HOTEL RESERVATION www.luxury.com.sg Complete with rates and location map TA496 SEE HUP SENG moves to *J| SGX MAINBOARD SEE HUP SENG LIMITED From 30 July 2008 onwards, See Hup Seng Limited, a leading provider of A ,g| Hk. corrosion prevention services for the marine, oil and gas, construction and
      240 words
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      33 9 (WTWf I^SPRING/J M Tl^SlTiTlWtt^j|lfl*i^^B JnChua Yuan If! j^^<^^*4^!W. xW jl/A. \k Cycle Carriage (Exclusive Dealer) Sales Enquiries: 6298 1818. Mercedes-Benz Center, 301 Alexandra Road. Mon Sat: 8.30 am 7pm, Sun PH: 10am 6pm.
      33 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon JTC Corp net surplus surges 51 % to $1.17b
      491 10  - JTC Corp net surplus surges 51 to $1.17b EMILYN YAP Performance fuelled by strong results across all segments, write-back of losses DRIVEN by the strong economy and buoyant industrial property market, JTC Corporation yesterday reported a group net surplus of $1.17 billion for the financial year ended March 31, 2008
      FILE PHOTO  -  491 words
    • Article
      Lock icon Govt seeks technology to detect parasite
      246 10 THE government is seeking new technology that will speed up detection of a waterborne parasite in potable water. The Ministry of Environment and Water Resources has called for new research proposals that would develop technology that would locate a parasite known as Cryptosporidium which,
      246 words
    • Article
      Lock icon Nursing among 11 new healthcare courses
      424 10  -  LEE U-WEN By ONLY six months have passed since its inception, but Parkway College is already beginning to make its mark as a provider of healthcare education. Yesterday, the college a subsidiary of Parkway Education launched 11 new courses in health sciences to train
      424 words
    • Article
      Lock icon German firm opens oil additives plant on Jurong Island
      195 10 A NEW plant that opened on Jurong Island yesterday will provide oil additives to the region. The plant, operated by Evonik RohMax Asia-Pacif-ic, the local subsidiary of Germany's Evonik RohMax Additives, comprises a laboratory, a production unit and a logistics unit.
      195 words
    • Article
      Lock icon Majority of SMEs still optimistic
      413 11  -  MELISSA YEO Economy expected to grow at same or faster pace in next six months: survey THE majority of small businesses in Singapore expect the local economy to grow at the same or faster pace in the next six months, according to the HSBC Asia-Pacific
      413 words
    • Article
      Lock icon TNT Express expects new facility to boost efficiency
      376 11  -  VINCENT WEE By EXPRESS freight services provider TNT Express Asia officially opened a new 49,000 sq ft facility yesterday to cater to growing demand in South-east Asia. Efficiency gains of up to 15 per cent and resultant cost savings can be expected
      376 words
    • Article, Illustration
      Lock icon Garden festival on track to beat target for visitors
      202 11 THE Singapore Garden Festival (SGF) has attracted 170,000 visitors in the first four days, putting it on track to exceed the target of 200,000 visitors by the time it wraps up on Friday. When the biennial event was last held two
      202 words
    • Article
      Lock icon Airfares up 3-4% in Q2, says report
      350 11  -  NISHA RAMCHANDANI By SINGAPORE saw airfare increases of between 3 per cent and 4 per cent quar-ter-on-quarter for 2QOB, according to the American Express Asia Pacific Business Travel Monitor. As such, businesses have to turn to "cost saving strategies" as a means of
      350 words
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  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      63 11 www.audi.com.sg /^T^T^T^ Audi To be ahead, Audi is always on the move. In 2001, Audi debuted FSI® a revolutionary efficient engine technologyand it changed the way we move. On August Ist1 st 2008, Audi technology is on the move again. Move with Audi. mm Sit 'ij-**s a*. ji^ J3 £l
      63 words
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      Lock icon Page 11 Advertisements Column 2
      23 11 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 I 289 8822 or email I notices@sph.com.sg.
      23 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Maybank says KL has revoked nod for BLL purchase
      290 12 Reuters M'sian central bank cites recent rule changes by Jakarta [KUALA LUMPUR] Malaysia's biggest lender Maybank said yesterday the central bank had revoked its approval of the company's acquisition of Bank Internasional Indonesia (BII). "The (Malaysian central bank) has noted that
      – Reuters  -  290 words
    • Article, Illustration
      Lock icon MURAL, MURAL ...
      63 12 MURAL, MURAL AFP [JAKARTA] An Indonesian student finishing his environmental themed mural at a contest in Jakarta on Sunday to mark the country's Education Day. President Susilo Bambang Yudhoyono had called for citizens to make a bigger effort to plant trees across the massive archipelago, as the destruction of Indonesia's
      AFP  -  63 words
    • Article
      Lock icon Anwar wants police to end sodomy probe
      588 12  -  PAULINE NG But the authorities insist investigations will continue MALAYSIAN opposition de facto leader Anwar Ibrahim wants the police to end a sodomy investigation against him following a leaked medical report which said checks on his complainant showed no evidence of sodomy. Malaysian
      588 words
    • Article, Illustration
      Lock icon M'sia central bank may act on price gains
      536 12 Bloomberg Second-round effect of price adjustments may prompt monetary response [XI'AN, China] Malaysian central bank governor Zeti Akhtar Aziz said another round of price increases may trigger a "monetary response" after inflation surged to a 26-year high last month. "Our concern at
      – Bloomberg  -  536 words
    • Article
      Lock icon BURSA MALAYSIA
      2243 12 VOL COOP) lul 29 RM M Realty \bricBhd \dvance Synergy \dventa Bhd \e Multi Hldgs \ffin Holdings \hmad Zaki Resou Me Corp Mrasia Bhd \kn Technology Mliance Financi Muminium Co Amalgamated Ind \mmb Hldgs Bhd \mtel Holdings \mway Malaysia \nalabs Resource \ncom Berhad \nn Joo Resource \pex Healthcare
      2,243 words
  • Page 12 Advertisements
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      547 12 in THE matter OF In The Matter Of THE COMPANIES ACT, CAP. so The Companies Act, Cap. 50 AND And IN THE MATTER OF In The Matter Of AIKCHIN REALTY PTE. LTD. OCEAN CITY RESTAURANT (IN MEMBERS-VOLUNTARY LIQUIDATION) PTE LTD Company Registration No: *****1732 C Reg. No. *****0377R At an
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      54 12 DISCOVER YOURSELF! (INENGUSH) With just a birth date, get to know your: Character Suitable careers Lucky colours 1900-914-0002 Calls at $0,214 cents/mm (inclusive of GST) Callers below 18 years of age must get parental consent. Customer Service Hotline: 6319 2333 This service is provided by SPH Interactive Marketing Services. 9m9
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  • ECONOMY WATCH
    • Article
      Lock icon Japan's jobless rate hits 4.1%, near 2-year high
      404 13  -  ANTHONY ROWLEY Rise adds to fears of at least a shallow recession this year JAPAN'S unemployment rose to 4.1 per cent in June the highest level in nearly two years it was announced yesterday, adding to fears that the economy is headed
      404 words
    • Article
      Lock icon IMF sees prolonged US slowdown
      525 13 Bloomberg, AP It cites worsening credit conditions for consumers and banks [WASHINGTON] The International Monetary Fund (IMF) said on Monday there's no end in sight to the US housing recession and warned that deteriorating credit conditions for consumers and banks may prolong a period of
      Bloomberg, AP  -  525 words
  • Page 13 Advertisements
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      122 13 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
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      Lock icon Page 13 Advertisements Column 2
      553 13 Seal the deal with Capita Land Limited 1 through DBS High Notes 10 3. With DBS High Notes 10 3 f you'll enjoy: DBS High Notes 10 3 is available for a limited period only, i 2 so 9 et y°ur pricing statement and base prospectus today. Potential semi-annual payout
      553 words
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  • Page 14 Advertisements
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      386 14 aia SCS Charity GoM i^» Gold Sponsor^^ UIUUd IVIvl I^V Running into its 3rd and best year ever, AIA-SCS Charity TIM, I J| r Golf Tournament 2008 was a resounding success! Surpassing previous fund raising figures, the fun-filled day -^^^BBB^HB saw friendly challenges on the green as well as an
      386 words
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  • Page 15 Advertisements
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      119 15 Platinum Sponsors JT^V KHIAM CHUAN MARINE PTE LTD tW HH'batam view BEACH RESORT "*NEW CENTURY www.batamview.com Foundation Gold Sponsors Ijfjil American Home Assurance Company A I F#fW. Singapore |C JV^' BOUSTEfIDI ANNIVERSARY Since 1828 Silver Sponsors -s A HSBC<X^ NOVENA Aberdeeil The world's local bank Medical Center Hole-ln-One Sponsors ->
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Russia, China to see total solar eclipse on Friday
      676 16 -AFP [PARIS] Earth, the Sun and the Moon will align in a celestial ballet on Friday, rewarding China, where the first record of an eclipse was made more than 4,000 years ago, with a dazzling show. Longingly awaited, the first total
      -AFP; Graphics adapted from A^P  -  676 words
    • Article
      Lock icon China tipped to win most golds at Olympics
      638 16 Bloomberg Economic boom, home advantage factors in country's favour: economists [PARIS] China's economic boom may be as good as gold at the Beijing Olympics. China stands to win more gold medals than any other country at the Aug 8-24 Summer Games, according
      Bloomberg  -  638 words
    • Article
      Lock icon Power shortage deepens as coal stocks dwindle
      210 16 -Bloomberg [BEIJING] China, the world's second-biggest energy consumer, is facing a deepening summer power crisis that may persist into the winter months, the nation's dominant electricity distributor said. State Grid Corp of China, which more than one billion people rely on for power,
      -Bloomberg  -  210 words
  • Page 16 Advertisements
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      90 16 <-> f W i. s-■ I < i '■■i- 'A .1 y y f^:, ji-sNV ■^'>-V- GO BEYOND At The Business Times we understand that as an MNC you are constantly looking to venture beyond your current markets for new worlds to conquer. We serve up business news and insightful
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  • Page 17 Advertisements
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      102 17 55 YEARS nr V r-y^^tt JAPANESE v i INNOVATION I Changing the way you live.. Introducing the New TEAC uncompromised products equipped with the latest technology and high quality performance, pushing the boundaries of top quality visual and sound reproduction. Soundbar Soundbar (PLDBIBSBD) (PLD2I6SB) RCPSIO99 RCPS799 DVD HiFi System |L
      102 words
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  • INDIA
    • Article
      Lock icon RBI lifts benchmark rate by 50 bps
      505 18 Reuters Central bank also hikes cash reserve ratio in a bid to quell high inflation [MUMBAI] India's central bank raised its benchmark rate by 50 basis points yesterday to its highest in seven years and hiked the cash reserve ratio, delivering a bigger-than-expected
      Reuters  -  505 words
    • Article
      Lock icon Mumbai police launch manhunt for bombers
      188 18 -AP [MUMBAI] Police launched a massive manhunt in India's financial capital yesterday, believing that the deadly blasts that rocked the western Indian city of Ahmadabad over the weekend were hatched in a Mumbai suburb. Four cars used in the bombings were stolen in the
      -AP  -  188 words
  • Page 18 Advertisements
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      288 18 I Bfl I MhHmhHN Illjiw li4^J H lltclß MM H B fl «m«w jWrt»iM B^^B if l^k r^f^U lAI A I <ri Presenting our latest addition- y I A VyV^n L/A LrA! jg Dim Sum Captain's Table OA I 1 GIVE IN TO TEMPTATION WITH j| (h Value price froms3.so++
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Treasury and banks kick-start covered bonds plan
      697 19 AP US MORTGAGE CRISIS Paulson unveils set of best practices to pump money into battered market [WASHINGTON] The Bush administration and federal banking regulators joined with the nation's four largest banks on Monday to endorse a new way to pump money into the
      AP; BLOOMBERG  -  697 words
    • Article
      Lock icon SEC's ratings plan draws fire from S&P
      325 19 Bloomberg [NEW YORK] Revamped rules for credit-rating companies would require the firms to give away historical information, including the history of their ratings reports, for which they currently receive a fee, Standard Poor's (S&P) said. In 33 pages of comments submitted to the
      – Bloomberg  -  325 words
    • Article
      Lock icon World trade talks face 'appalling' collapse: official
      577 19 AFP Tense split worsens between rich and poor countries [GENEVA] Negotiators fought to avert an "appalling" collapse in efforts to hammer out a global trade pact yesterday, with a top delegate urging compromise in a tense split between rich and poor countries. EU
      AFP  -  577 words
    • Article, Illustration
      Lock icon Recovery in US Q2 earnings unlikely
      573 19 Reuters [NEW YORK] With about half the second-quarter US corporate earnings reporting season over, a recovery in profits in the second half of the year is looking increasingly unlikely. Overall, earnings have come in 2.7 per cent below Wall Street's already low estimates, but
      Reuters; REUTERS  -  573 words
  • Page 19 Advertisements
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      55 19 THE* ARE big says but rnTHinc that she cattt H^rra^E!.' Tune in to the New Morning Show. Shake Bake with Suz and Sheikh. Monday to Friday, 6AM 1 0AM. Find of the day: 5 out of 10 illiterate 1958 Wjy 100% PURE FUK Dive into the amazing, W:'tffi^ mW^ strange
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  • WORLD
    • Article
      Lock icon Merrill move hits Barclays, RBS, UBS shares
      412 20 Bloomberg Market fears these banks are sitting on huge chunks of mortgage securities [LONDON] Barclays pic, Royal Bank of Scotland Group and ÜBS AG tumbled in European trading after Merrill Lynch Co's liquidation of credit assets raised concerns about big banks that may
      Bloomberg  -  412 words
    • Article, Illustration
      Lock icon Iconic British pint falls in popularity
      427 20 AP [LONDON] The iconic British pint is fast losing ground as the national drink, with a report out on Monday showing beer sales in pubs slumping to their lowest level since the Great Depression. Squeezed by a nationwide smoking ban, rising costs, competition from
      AP  -  427 words
    • Article
      Lock icon Chairman and CEO step down at Alcatel-Lucent
      361 20 Reuters [PARIS] Telecoms gear maker Alca-tel-Lucent yesterday ditched its chairman and chief executive as it tries to galvanise a still-fragile merger following a series of profit warnings and falling market share. Chief executive Pat Russo, long rumoured to be on an ejector seat
      – Reuters  -  361 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8421 20 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 2.053/ AIGIF S'pore Bond Fund/A 1.333/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.91/ APS Alpha Fund (USD) 0.67/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.9629/ APS Komaba Global
      8,421 words
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  • MOTORING
    • Article, Illustration
      Lock icon Gemballa arrives in S'pore
      756 21  -  SAMUEL EE Exquisite Marques will offer two specially modified models based on the Porsche 911 Carrera S A MALAYSIAN company has started selling the Gemballa range of specially modified Porsche cars here because of Singapore's more liberal parallel import policy. Exquisite Marques at 31 Loyang Drive
      756 words
    • Article, Illustration
      Lock icon Sales of GPS devices boom on growing interest, falling prices
      577 21  -  SAMUEL EE By SALES of mobile navigation devices to Singapore motorists are booming because of growing interest and falling prices. It is estimated that local sales in 2007 totalled about $10 million and this year, the figure is expected to
      ARTHUR LEE  -  577 words
  • Page 21 Advertisements
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      123 21 The Straits Times The Business Times Online. The latest news. Any time, anywhere. THE STRAITS Til T The Business Times online subscription I MiE UimW I I I For more details, visit www.asiaone.com/ndp or call 6388 3838 r) m\ W i' B •.:infed:'" 1::::::: B9|nil|HHf|V_SnH "FSPEpH" ____B*TTI ■TTaTiT*! iTtTiH CTI
      123 words
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  • AVIATION
    • Article, Illustration
      Lock icon M-East airlines expand as other carriers struggle
      679 22 ■NYT Region is expanding airports and airlines have ordered 700 planes: lata [HAMBURG, Germany] As carriers from American Airlines to Thai Airways International respond to high oil prices by shedding jobs, culling routes and grounding aircraft, Middle Eastern carriers are expanding as fast
      ■NYT  -  679 words
    • Article
      Lock icon Take a shower on Emirates' A380
      530 22 NYT [NEW YORK] Ever since they introduced lie-flat beds and sumptuous business-class cabins about 10 years ago, premium international airlines have been playing leapfrog with one another in devising new amenities to lure the most lucrative segment of flyers: those able to spend the
      NYT  -  530 words
    • Article
      Lock icon Qantas suffers 2nd safety scare in less than a week
      501 22 -AP [SYDNEY] Qantas Airways suffered its second safety scare in less than a week when a landing gear door failed to close, prompting a precautionary landing just three days after a near-dis-aster aboard an international flight that forced an emergency
      -AP  -  501 words
    • Article, Illustration
      Lock icon This plane can take you to space
      347 22 -AP [MOJAVE, California] The space tourism race marked a milestone on Monday as British mogul Richard Branson and American aerospace designer Burt Rutan waved to a crowd from inside the cabin of an exotic jet that will carry a passenger spaceship to launch
      -AP; AP  -  347 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2567 22 AIRLINE CODES: AA Am. in Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlin British Airways Public Ltd Co (BAVV i Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airline EVA Airways Corpn (EVA),
      2,567 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      319 22 CRYPTIC CROSSWORD ACROSS 1 Prepared for a special heady n |2 I [3 I [4 I [5 I |6 HflflJT 9An end to time at school (4) MJ IMJ Mj M| B^ 10 Former party with doctrine 'm^ for broad-mindedness (10) I BBHJ 12 Singer possesses a pack of HI
      319 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Three highly controversial cases in the spotlight
      1264 23  -  DAVID HUGHES STRAIT TALK The seafarers involved in each of them appear to have been treated harshly, if not unjustly THREE court cases have attracted the attention of the international shipping community over the past week or so, involving in one way or
      REUTERS  -  1,264 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        102 23 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.60 0.36 3.06 0.76 1.93 1.20 0.07 1.00 1.39
        102 words
      • Article
        Lock icon KLSE
        30 23 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.78 8.90 8.60 3.68 2.99 0.16 -0.02 unch 0.05 0.02 -0.01 -0.01 2: 6: 143! 46! 12:
        30 words
      • Article
        Lock icon BANGKOK
        12 23 '00 ■recious Ship Jegional Cont .17.80 15.50 -0.60 unch 1591 66
        12 words
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        Lock icon HONGKONG
        11 23 '000 Doil iingamas Cont 37.70 1.91 -1.80 -0.03 94( 43:
        11 words
      • Article
        Lock icon PHILIPPINES
        17 23 '000 Aboitiz Equity Intl Container Keppel Marine 6.70 unch unch 0.10 unch unch 2911 0 0
        17 words
      • Article
        Lock icon TAIPEI
        21 23 Evergreen Marine ....22.20 :irst Steamship 62.00 Wan Hai Lines 18.90 fang Ming Marine ..18.85 -0.25 -2.00 -1.05 -1.15 1: 1i
        21 words
      • Article
        Lock icon TOKYO
        38 23 '000 (awasaki Hvylnd ..291.00 -9.00 1053' (awasaki Kisen 880.00 -31.00 680i Mitsubishi Hvy 490.00 -16.00 ***** i/litsui Eng&Sbldg ..340.00 -6.00 1198: 1/litsuiOsk Lines ...1420.00 -57.00 745( Nippon Express 479.00 -15.00 35& JipponYusen 920.00 -35.00 688i 'iource: Reuters
        38 words
    • Article
      Lock icon Sinotrans interim earnings more than triple
      305 23 Bloomberg [HONG KONG] Sinotrans Shipping Ltd, the bulk operator that held a Hong Kong initial public offering in November, more than tripled first-half profit after rates surged on China's demand for iron ore and coal. Net income climbed to US$l9O.B million, or 4.8 cents
      Bloomberg  -  305 words
    • Article
      Lock icon US dockworkers, shippers reach deal
      286 23 -AP [LOS ANGELES] The union representing thousands of West Coast dockworkers reached a tentative contract deal with shippers on Monday that promises to keep ports running and avoid another blow to the US economy. The International Longshore and Warehouse Union (ILWU) announced the six-year agreement
      -AP  -  286 words
    • Article
      Lock icon Shipowners in India allowed to hire foreigners
      431 23  -  SIDDHARTH skiVASTAVA Move aims to ease acute shortage of qualified seafarers THE Indian government has given the country's shipowners the green light to hire foreign nationals to ease an acute shortage of qualified seafarers. The industry has been seeking approval for five years.
      431 words
    • Article
      Lock icon Five pilots honoured with incentive awards
      274 23  -  VINCENT WEE By THE critical role of pilots in enhancing navigational safety in the port was recognised with the handing out of five incentive awards yesterday. Over a 10-year period the number of piloted incidents that occurred in Singapore port waters has dropped 89.2
      274 words
  • Page 23 Advertisements
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      307 23 NOTICE TO TRADE COLOMBO FEEDER OPERATORS CRITICAL BUNKER RECOVERY REVISION Further to our announcement regarding Critical Bunker Recovery of June 2008 the quantum of which was conditional upon bunker prices for IFOIBO (in Colombo) remaining within the range of USD6OI /MT to USD7OO/MT. The cost of IFOIBO has for some
      307 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Going green in Singapore
      486 24 THE English economist, Thomas Malthus, famously if provocatively, asserted that world population growth would outrun food supply and that this catastrophe would occur by the middle of the 19th century. While his predictions fortunately didn't come to pass, the essence of his message did strike a
      486 words
    • Article, Illustration
      Lock icon China emerges as key player in WTO talks
      1129 24  -  STEPHEN CASTLE -IHT But Beijing's highly competitive exports stop it from assuming a leadership role AS seven years of global trade talks approach another nervy climax, China is emerging as a central player and coming under heavy criticism from the United States
      -IHT; AFP  -  1,129 words
    • Article, Illustration
      Lock icon US obsession with owning homes has gone too far
      768 24  -  ROBERT SAMUELSON The Washington Post Writers Group THE BOTTOM LINE THE real lessons of America's housing crisis have gotten lost. It's portrayed as the financial system run amok; the housing market became a casino. The remedy is to enact rules that
      – The Washington Post Writers Group  -  768 words
    • Article, Illustration
      Lock icon Retaining control in the age of risk
      1261 25  -  KEITH STEPHENSON Open communication between the board and management is crucial in understanding and managing risk exposures BOARDS and executive leadership are facing an avalanche of new risks from financial, operational and strategic risks, to those associated with today's more rigorous compliance environment.
      LUDWIG ILIO  -  1,261 words
    • Article, Illustration
      Lock icon Reflections on leading a Singapore social enterprise
      801 25  -  TAN SUEE CHIEH By SOCIAL enterprises have existed for at least a century, but remain a relatively new concept to the man-in-the-street. Invariably, there will be some who confuse it with a charity, trade union or grassroots political organisation. The key difference between
      BLOOMBERG  -  801 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      5932 26 Transaction date: Jul 29 52-wks Tel |h Low Code Last Sale Vol ('000) Hi 1 Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E M Cap $mil Hii Coi ,9.5 5.5 101 lf£Z ml 25. ,o 8o S sf°sTe if 41] IS $£m c°:<:. 37
      5,932 words
    • Article
      Lock icon SGX XTRANET
      64 26 52-Wk Tel Hiqh Low Code Last Sale Vol ('000) Day lh Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _Hm 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 6170 SPDRS 398.3 288 6009 STI
      64 words
    • Article
      Lock icon SGX CATALIST
      1815 26 52-Wk Tel High Low Code Last Sale Vol C000) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Comi ran' Hii 20 11.5 1181 s AAGrp 12 15 5000 s ABR Hldgs 12 18 8538 s APStraJegic 13 2.5 1501 s Advanced System
      1,815 words
    • Article
      Lock icon CLOB INTERNATIONAL
      213 26 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      213 words
  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      31 26 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. JE 9 341 River Valley Road #01-01 Singapore *****2. Tel: 6238 6678 Fax: 6238 6676. feU Internet: Http://www.audemarspiguet.com (^i-^^ 11 K| |H
      31 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      360 27 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jul 28 World Index Preliminan 943.0 -0.6 -16.7 -0.4 -19.3 -0.5 -14.1 EAFE Preliminai 896.0 -0.7 -20.0 -0.3 -20.4 -0.4 -16.1 Euro[ Preliminan 1206.4 -0.9 -21.8 -0.5 -22.1 -0.6 -17.7 Pacific 807.0
      360 words
    • Article
      Lock icon PALM OIL
      65 27 lul 29 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Aug 08 2986 Sep 08 2985 Oct 08 2995 Nov 08 2994 Total o/p: ***** contracts 3000 3003 2885 2969 3016 2865 2969 3017 2861 2986 3014 2865
      65 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 27 lul 29 ten Hji Sett STI SIMSCI Jul 352.5 355 354.9 Taiwan Jul 268.4 268.8 267.9 Source: MF Global (S) Pte. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 27 lul 29 Bid Offer 1-month 1.3607 1.3624 2-months 1.3584 1.3601 3-months 1.3563 1.3582 6-months 1.3512 1.3531 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      152 27 lul 29 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3046 1.3065 0.9572 0.9576 Canadian dollar 1.3340 1.3357 0.9788 0.9790 Euro 2.1464 2.1492 1.5749 1.5752 NZ dollar 1.0091 1.0116 0.7404 0.7414 Sterlini ind 2.7168 2.7205 1.9934 1.9939 US dollar 1.3629 1.3644
      152 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      316 27 j u ,29 EURODOLLAR FUTURES Sep08 Dec08 Mar09 Jun09 97.1300 96.9550 96.8750 96.6750 ***** 7627 7539 2967 EUROYEN TIBOR FUTURES Sep08 99.150 99.150 Dec08 99.120 99.120 Mar09 99.075 99.075 Jun09 99.010 99.010 Sep09 Dec09 Mar10 Jun10 99.145 99.120 99.075 99.010 99.150 99.115 99.075 99.010 98.945 98.880 98.770
      316 words
    • Article
      Lock icon SICOM FUTURES
      278 27 jui 29 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Aug 08 Sep 08 Oct 08 Nov 08 Dec 08 Jan/Mar 09 434.00 431.25 425.75 424.25 422.50 421.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      278 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      129 27 9am 1 Jul 29 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2960 1.3120 Can dollar 1.3230 1.3400 Euro 2.1300 2.1550 NZ dollar 1.0060 1.0290 Sterlini ind 2.6980 2.7291 US dollar 1.3530 1.3680 Local dollars to 100 units of foreign currency:
      129 words
    • Article
      Lock icon INTERBANK RATES
      174 27 Jul 29 fer Bil Overnight 1/16 1-month 13/16 2-months 1 3-months 1 1/8 Overnight mode: 1/16 USS Offer PAR 11/16 7/8 1 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.50 2.62 2.83 3.00 3.18 3.30 3.45 Offer 2.40 2.52
      174 words
    • Article
      Lock icon INTERBANK CROSS RATES
      467 27 lul 29 AS CS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.978 6.541 0.608 7.469 40.819 87.387 1.030 9.655 3.122 1.292 68.416 42.513 1.306 7.196 0.988 29.178 32.054 0.480 0.957 Canada 1.022 6.688
      467 words
    • Article
      Lock icon PRECIOUS METALS
      132 27 Jul 29 (US! f/oz) Jul28 Jul29 Hong Kong London 928.50 928.60 929.50 929.60 Jul 25 Jul 28 921.15 930.30 922.15 931.30 Source: Reuters CAST BAR S$) Jul29 Buying Sellim Kilobar "43,902.10" ***** PAMP GOLD BARS (SS) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 ozUBS
      132 words
    • Article
      Lock icon SIBOR
      76 27 lul 29 SWAP Offer rates (Ss) 1 mth 0.***** 2 mths 0.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 3.***** syrs 3.***** 7yrs 3.***** 10yrs 3.***** 12 yrs 3.***** 15 yrs 3.*****
      76 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      91 27 j u ,29 Period Issue code Maturity Yesterday's Bid Hii Day's [h Low 3-Month BQ*****E 30.10.08 1-Year BY*****N 04.05.09 0.43 0.67 0.33 0.30 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****T 4.625 5-Year N *****0V 1.625 7-Year N*****0S 2.875 10-Year NY*****A
      91 words
    • Article
      Lock icon LONDON METALS
      66 27 iri (USS/tonne) Close Previous Cash 3016.00 2920.80 3 months 2966.20 2969.50 Copper, Grade A (USS/tonne) Cash 3 months 7995.00 8219.00 8184.00 7956.00 Lead (USS/tonne) Cash 2220.00 3 months 2236.00 2128.00 2115.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3 months *****.00 *****.00 *****.00
      66 words
    • Article
      Lock icon LIFFE
      82 27 Jul 28 (£/tonne) Close Prev Hii ih/Low Sep 08 1486 1502 1526/1478 Dec 08 1474 1491 1510/1468 Mar 09 1461 1478 1489/1455 May 09 1463 1481 1489/1461 COFFEE (USS/tonne) Close Pev High/Low Jul 08 2405 2441 2445/2405 Sep 08 2321 2351 2369/2304 Nov 08 2272 2296 2310/2256 Jan 09
      82 words
    • Article
      Lock icon CHICAGO BOT
      105 27 JU//S SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 08 1400.25 1398.75 1415.00 1386.00 Sep 08 1396.25 1388.50 1405.50 1384.00 Nov 08 1396.00 1386.50 1403.50 1381.00 Jan 09 1413.25 1404.00 1416.00 1401.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low ih/Low Aug 08 59.30 59.17 59.20
      105 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      78 27 CRUDE OIL PRODUCTS Jul 28 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1 -Mth F) 126.04 1.05 WTI (Near Mth) 124.54 1.19 Dubai (1-Mth F) 122.07 -1.04 Tapis blend 135.35 -1.15 Minas 130.25 -0.95 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 116.30 156.00 -1.80 -0.8 USS/barrel Opec
      78 words
    • Article
      Lock icon BONDS & WARRANTS
      1223 27 BONDS WARRANTS Tel Code Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left 3816 #Asiasons Capital Ltd W*****7 7 -0.5 8 1 6 8 1.51 14 4014 Capitaland BNP ECW*****8 18 -1.5 75 0.1 493 18 4015 Capitaland BNP ECW*****2 14.5 -0.5
      1,223 words
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      198 27 lAf !<% a4'a AI Market Movers for Stock Index Futures: 1 vV W W I Id I I I Key economic indicators such as unemployment rates, GDP, CPI, PPI, home sales, business V -jQ^^i jp confidence and payroll figures etc. O/k /\Tt©r til© D63l 3 wT3mpGQ© Quarterly earnings or losses
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      2805 28 m The Business Times Shipping Times m W JJfjfffffjfflggffJPfffffßJfJßHJ feiT WAN HAI INTERNATIONAL PTE LTD CR NO: **********0/R ij^r^ 111 BiiEE!_ffl_!SEftß!l_»B %T C r-j\ TELi*****588 (I4LINES) FAX:*****163 M ___^___H MfWkl^fmKSMfmiKffß \\\N 1 WAN HAI INpN C«t«net Servke/B«>l(ing« Diretl line < 1800) *****200 A --/S IIM W IW SjS 1 I
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      3298 29 RICKMERS-LINIE »-h «h,, ITjng^ EASTERN CAR LINER, LTD I fl) £J®3Sl^ Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com I 111 Mm I I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I ii.rri#iw rvnnroo o»ii mn oniirnui r USA Service t\ WbbKLY bXrnboo bAIUNIi oLHbUULb Vessel I Vov SIN I ALT
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      3249 30 IT" ANDERSEN Tel: bSb2Mbll@w™ll I fwam filflßV MAVIRATIfIM RRlHlpi KMt-fl tZU Hfifl E^fl shipping company/ 70 Shentoii Way, #21 -03 Marina House Singapore *****8 Vi^m ULI»11 lIHWIUHI lUH UIHIUr ■P^ll! _fiP BHffl WM HH Bill north west express line *B,H*L-tss.^f wm^ MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE
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      3847 31 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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  • executive Money
    • Article, Illustration
      Lock icon Psychology of trading is the key
      1100 32 Though methodology is important, discipline and control are the two main characteristics of a successful trader, reports GENEVIEVE CUA TURN the pages of the daily newspaper and you're bound to find advertisements touting various training programmes that can supposedly turn you into a trading
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      Lock icon End of bear market nowhere in sight yet
      1143 32  -  LIM SAY BOON Markets are unravelling at a rapid pace and sentiment is deteriorating with it signalling more losses in the US and other parts of the world in Q3 SEVEN months after our "Perfect Storm" warning (BT, Jan 16), we are
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      Lock icon H2 may not be as bad as H1
      1120 33 But markets are likely to remain volatile and there is a risk of new lows for equity prices, writes TONY DOLPHIN THE first half of 2008 was awful for financial markets, as equity values plunged. The Morgan Stanley Capital International (MSCI) All-Country
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      Lock icon Keep the faith
      1007 33 There are good reasons to ride out the stock market declines, writes LIM MENG TAT UP, down, up, down, like a yo-yo. That's how US stocks have behaved recently. The short-term outlook for US equities is decidedly mixed. June was the market's worst month in six years;
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      253 33 If you are in any of these situations: -^^*^ftt You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch
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  • RISK AND RETURN
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      Lock icon Handling risk in a volatile economy
      1447 34 MICHELLE QUAH looks at what businesses can do to maintain their margins and profitability within an inflationary environment THE global risk environment has altered dramatically due to the sub-prime crisis in the United States and the resulting credit crunch worldwide. The global economy now
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      300 34 ■^^^Uw^y^z BKfIBJ —i^^flj HHjVHH^^wr— "■X" Bff? i^B£*__iflß_ "■om^TfiP^ i4fil" jP* "*KO iawo woo i«o lmb ipah flKw iws a-so no» '■■BJmi Wi9t!H3t^^fl V IMC I^C_ J^lSBgC -l.t» ,JJ«.TM S2!H l_^ ——I ia;i ig.;j);. 7.jpg IISW MIWP "lßn ln'*g p If [B^Mi "a a 1 -^JM B| a s» ts Jaßpaflß
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