The Business Times, 9 August 2008

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Microfilm: NL29448
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIEMS weekend SINGAPORE 85 cents A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 August 9-10,2008 online at http://www.businesstimes.com.sg
    21 words
  • Article, Illustration
    Lock icon WE ARE THE WORLD
    49 1 [BEIJING] Entertainers performing around a globe during the opening ceremony of the 2008 Beijing Olympic Games yesterday. The four-hour show at Beijing's iconic 'Bird's Nest' national stadium saw more than 15,000 performers showcasing the nation's ancient history and its rise as a modern power. AFP
    AFP  -  49 words
  • Article
    Lock icon UBS braces for US$25b auction-rate deal
    468 1  -  CONRAD TAN By [SINGAPORE] Swiss bank ÜBS may end up paying US$25 billion to reach a settlement with US regulators over the latest scandal to engulf Wall Street, even more than the total sum that Citigroup and Merrill Lynch have already agreed to cough
    468 words
  • MARKETS DIGEST
    • Article
      Lock icon Untitled
      16 1 TST INDEX 2,807.54 (-27.17) TST INDEX FUTURES 2,789 (-32) TSIMSCI 346.59 (-3.17) TSIMSCI FUTURES 344.10 (-3.20)
      16 words
    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.645 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.88 INDIA 12.75 Source: Bloomberg
      Source: Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      43 1 1COMP 1,120.31 -9.25 IIKKEI225 13,168.41 +43.42 IANG SENG 21,885.21 -218.99 ;et index 690.70 -14.65 JAKARTA COMP 2,195.93 -11.81 IANILACOMP 2,692.81 +8.17 ;eoulcomp 1,568.72 +4.72 ;henzhen b 404.08 -23.87 IUMBAI IND 15,167.82 +50.57 NOON EDT Change )OW 11,625.38 +193.95 IAS DAI 2,396.75 +41.02
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    • Article
      Lock icon FOREX
      40 1 IS$ (S$ per US$) 1.400 (US$/S$ per 1.931 2.702 :URO (US$/S$/E) 1.517 2.123 'EN 109.90 78.50 3.303 2.360 IK$ 7.810 5.580 !AHT 33.68 24.06 lUPIAH 9,165 6,549 lENMINBI 6.863 4.904 INDIAN RUPEE 42.26 30.19 1.120 0.800 IZ$ 1.423 1.017
      40 words
  • Article
    Lock icon Bumpy road, but S'pore has shock absorbers
    650 1  -  CHUANG PECK MING PM Lee trims growth forecast to 4-5% but says Republic is holding its own By [SINGAPORE] Brace for a bumpy year ahead, said Prime Minister Lee Hsien Loong in his National Day Message issued yesterday. Yet, the latest economic figures
    650 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      158 1 si J^B^^^ RAFFLES MOTORING BE INSPIRED I I J»\ CONVERSATION The new more Zap for daily inspiration, [an— b HR guru Dave Ulrich masculine VW Golf Win a Zegna Sport v Ujk I page 3 "■■■■rffflilßi page 19 i-PodJacket! page 18 I B B "I f#fc |fc RAFFLES MOTORING BE
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  • TOP STORIES
    • Article, Illustration
      Lock icon Be a speed demon without moving
      758 2  -  ARTHUR SIM Inventors of F1 simulator have made the experience accessible to all By [SINGAPORE] The Sing Tel Fl simulator currently parked at Sing Post Building, Payar Lebar, might just see one of its drivers racing against Lewis Hamilton, Kimi Raikkonen and Fernando Alonso
      YEN MENG JIIN  -  758 words
    • Article
      Lock icon China puts on Olympics show for the world
      447 2 AP [BEIJING] Once-reclusive China commandeered the world stage yesterday, celebrating its first-time role as Olympic host with a stunning display of pageantry and pyrotechnics to open a Summer Games unrivalled for its mix of problems and promise. Now ascendent as a global
      AP  -  447 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon NOL confirms it is in the running for Hapag-Lloyd
        59 2 NEPTUNE Orient Lines yesterday confirmed media reports that it had been shortlisted for the second round of bidding for Hapag-Lloyd. NOL had on July 21 submitted an indicative non-binding bid to acquire the German shipping giant which, if successful, would create
        59 words
      • Article
        Lock icon Thakral in the red despite rise in Q2 revenue
        55 2 THAKRAL Corporation has sunk into the red for the second quarter ended June 30, with a net loss of $5.7 million against a net profit of $1.6 million last year. Revenue grew 3 per cent to $91.4 million, from $88.5 million
        55 words
      • Article
        Lock icon RazorTV makes sharp online debut
        74 2 SINGAPORE'S first interactive online TV service went on air yesterday morning, promising news that is "raw, edgy and sharp" and will engage the viewer at the same time. What's unique about the free service, located at www.razor.tv, is that viewers can access on-demand news videos
        74 words
      • Article
        Lock icon Indonesian central bank may up rates
        67 2 INDONESIA'S central bank may increase interest rates to as much as 9.5 per cent and prevent the rupiah from depreciating too fast to slow inflation, deputy governor Hartadi Sarwono said. A benchmark rate that is two percentage points above Bank Indonesia's 2009 inflation target
        67 words
      • Article
        Lock icon Credit derivatives spared ultimate test
        48 2 GOVERNMENT intervention has saved the US$62 trillion credit derivative market from facing the nightmare of counterparty failure during the credit crisis of the past year, though the securities have proven themselves to be relatively liquid while other financial markets froze. WORLD, PAGE 17
        48 words
      • Article
        Lock icon Fannie Mae to cut dividend after Q2 loss
        67 2 FANNIE Mac, the largest US home funding source, yesterday posted its fourth straight quarterly loss as home loan defaults increased and said that it would slash its dividend more than 85 per cent and take other steps to shore up its capital
        67 words
    • Article
      Lock icon Fourth uni will rise in Changi, says PM
      415 2  -  LEE U-WEN First batch of students to start classes in 2011 By [SINGAPORE] The Republic's new publicly funded university will be located in Changi, with the first batch of students set to begin classes just three years from now in 2011. This
      415 words
  • Page 2 Advertisements
  • Page 2 Miscellaneous
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon HR's conscience-keeper
      1770 3 The world's foremost human resources guru Dave Ulrich tells RAHUL PATHAK about scooping up talent and the huge threat facing established giants HE speaks with the self-depre-cating humour of a man who knows that you have read his resume and are impressed. "My wife says I have OCD,
      JOHN HENG  -  1,770 words
    • Article
      Lock icon Asia confronts its HR challenges
      402 3 Summit in Spore will see business and govt leaders discuss talent issues PROF Dave Ulrich will attend the Singapore Human Capital Summit 2008: People Strategies for Asia from Oct 22 to 24. The summit brings together captains of industry, government officials and thought leaders to
      402 words
  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      76 3 Raffles Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. A collection of luxury hotels, Raffles Hotels and Resorts distinguishes itself through the highest standards of hospitality, service and cuisine. Its hotels in Singapore, Beijing, Cambodia, Beverly Hills, Dubai and the Caribbean
      76 words
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  • COMPANY NEWS
    • Article
      Lock icon NOL confirms it is in the running for Hapag-Lloyd
      399 4  -  VINCENT WEE Bid makes investors nervous as it comes after a slow quarter when Q2 profit declined 19% By NEPTUNE Orient Lines (NOL) yesterday confirmed media reports that it had been shortlisted for the second round of bidding for Hapag- Lloyd.
      399 words
    • Article
      Lock icon Opes Prime has 18.67% share of Jade
      268 4  -  CHOW PENN NEE Change due to transfer of 161.6 m Jade shares from Merrill to Opes By JADE Technologies Holdings said yesterday that Opes Prime Stockbroking the failed Australian brokerage now owns 18.67 per cent of Jade, or 211.6 million shares, up from
      268 words
    • Article
      Lock icon Venture to take up DMX rights issue
      223 4  -  AMIT ROY CHOUDHURY By VENTURE Corporation, which owns around 20 per cent of local IT company DMX Technologies, has agreed to take up its entitlement in the latter's proposed renounceable, non-underwritten, rights issue. Yesterday, DMX announced that it was planning the issue which
      223 words
    • Article, Illustration
      Lock icon A week spent anticipating Wall Street's moves
      595 4  -  R SIVANITHY STOCKS THIS week's trading provided a harsh reminder of a simple but often overlooked fact of stock market life it's all about anticipating the future rather than reacting to the past. Every day, the Straits Times Index's (STI) movements reflected market
      595 words
    • Article
      Lock icon Thakral slides into the red despite rise in Q2 revenue
      344 5  -  UMA SHANKARI It posts a net loss of $5.7 m despite revenue rising 3% to $9138 m By THAKRAL Corporation has sunk into the red for the second quarter ended June 30, with a net loss of $5.7 million against
      344 words
    • Article
      Lock icon Man Wah's Q1 profit up 65.3% at HK$63m
      362 5  -  JAMIE LEE By SOFA maker Man Wah Holdings posted a 65.3 per cent surge in net profit for its fiscal first quarter thanks to stronger sales, and said it plans to raise the number of stores in China to 300 from 230
      362 words
    • Article
      Lock icon OUE's Q2 profit plunges 95% to $12.13m
      266 5  -  ANGELA TAN By OVERSEAS Union Enterprise yesterday said its net profit for the second quarter ended June 30, 2008 plunged 95.2 per cent to $12.13 million due to the absence of fair value gains on investment properties. In contrast, a year ago, the
      266 words
    • Article
      Lock icon YHS suffers $4.4m Q2 loss as sales dip 13%
      399 5 FOOD and property group Yeo Hiap Seng (YHS) has gone into the red, with a $4.4 million net loss for the second quarter ended June 30, 2008, against a $3.9 million net profit in the same period last year. The poorer
      399 words
    • COMPANY BRIEFS
      • Article
        Lock icon Advance SCT warns it expects to incur loss
        59 5 ADVANCE SCT Ltd has warned that the group is expecting to incur a net loss for the six months ended June 30, 2008. Details of the group's performance will be disclosed when it announces its financial results for the half year ended
        59 words
      • Article
        Lock icon Ausgroup unit secures As60m contract
        58 5 ENERGY and resources specialist Ausgroup Ltd has clinched a As6o million (Ss7s million) three-year maintenance support contract from Minara Resources. The deal, awarded to Ausgroup's Australian subsidiary Ausclad (AGC), will see AGC's specialist asset maintenance business unit supporting Minara Resources at their Murrin Murrin Nickel
        58 words
      • Article
        Lock icon Technics Oil and Gas posts $1.09m Q3 profit
        64 5 TECHNICS Oil and Gas reported yesterday a net profit of $1.09 million for the third quarter ended June 30, 2008, reversing a loss of $1.52 million a year ago. The group has declared a dividend of 0.5 cent per share. Technics also
        64 words
      • Article
        Lock icon Funderburk's deemed interest 21.37%: Rotary
        61 5 ROTARY Engineering said yesterday that Funderburk Asia-Pac Investments I Limited now has a deemed interest of 21.37 per cent in the company. Funderburk had purchased 121.35 million shares from Wong Liang Feng and Chaung Swee Khim following a sale-and-purchase agreement entered into on Aug 6,
        61 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      91 4 m a a j I I t^j Some Of Our Clients: ALOASIS One of Middle East's Largest Construction Group W W \gj Uj U UMTHA CONSTRUCTION One of Africa's Leading Contractor SNG West Europe's Leading Equipment Rental Sales j ODEBRECHT One of the World's Largest Construction Group A «CTP HOLDINGS
      91 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      84 5 Jurong Port Celebrates Singapore's I PNHIi Trusted for quality service and efficiency, we ""■^S'^l.jf*'..,,/ y ,';l^i^ ii'J'is^3 are reaching new heights in all these areas. i«2j\ i p-—y^J[ jSf I*^ As always, you can rely on us. v '.-t- ,/iiLv toLTli: 4 Best Container Terminal Operator Asia m^^ •'**'--|ri^|^H v
      84 words
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  • SINGAPORE NEWS
    • Article
      Lock icon RazorTV makes sharp online debut
      357 6  -  LEE U-WEN Available in English for a start, it'll offer Malay, Mandarin programme later By SINGAPORE'S first interactive online TV service went live for the first time yesterday morning, promising news that is "raw, edgy and sharp" and will engage the viewer at the same
      357 words
    • Article
      Lock icon 16 teams in corporate cricket meet
      139 6 SOME of Singapore's top companies are about to engage in a bit of off-market competition. This weekend, 16 corporate teams will be facing one another across the cricket pitch in the Singapore Indian Association National Day Corporate Cricket Sixes tournament. Participants include ABN Amro,
      139 words
    • Article, Illustration
      Lock icon FLYING THE FLAG
      57 6 THE Singapore flag passing by the iconic Esplanade on its way to the National Day Parade at Marina Bay (picture taken at full dress rehearsal). In his National Day message yesterday, Prime Minister Lee Hsien Loong said that Singapore should look beyond immediate problems to discover new
      ARTHUR LEE  -  57 words
    • Article
      Lock icon 7 Commonwealth Dr blocks marked for Sers
      395 6 Owners can register for replacement flats around Q3 2009 THE Housing Development Board (HDB) has identified seven blocks at Commonwealth Drive for its latest Selective En Bloc Redevelopment Scheme (Sers). The 10-storey blocks are 44 years old and comprise 669 sold flats. The
      395 words
    • Article
      Lock icon S'pore women shoppers don't rely on their men
      457 6  -  CHOW PENN NEE By SINGAPOREAN women do not need to depend on their men to pay for their shopping. A survey conducted by Synovate a market researcher found that nearly three-quarters of Singaporean respondents confirmed that they can afford to pay for
      457 words
  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      563 6 MIYOSHI PRECISION LIMITED HfilT jrFCT^^XBjSfS (Incorporated in the Republic Of Singapore) CjjlL Nfl HHBS (Company Registration No. *****3979K) W ISA fIS NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of MIYOSHI YjpA PRECISION LIMITED (the "Company") will be held at No 5 Second
      563 words
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  • Resilient Sinqapo
    • Article, Illustration
      Lock icon RAISING THE GAME
      380 7  -  VIKRAM KHANNA By^^^^^^^^^^H WHAT a difference a year makes. Twelve months ago, Singapore was into its fourth straight year of strong growth, which averaged 8 per cent per annum during 2004-2007. The Straits Times Index was on the last leg of its journey to an all-time high,
      380 words
    • Article
      Lock icon From exuberance to caution
      739 8 In just 12 months, Singapore has swung from Boom Town to seeing its slowest quarter in five years, reports aimimateo ONE year ago, economic and business sentiment in Singapore was probably at an all-time high: The property market was on a roll, banks and finance houses
      739 words
    • Article, Illustration
      Lock icon Tweaking transportation system to meet growth
      878 8  -  NISHA RAMCHANDANI By AS Singapore strives to position itself as both a business hub and a choice destination for business and leisure travellers, efforts are under way to improve its transportation systems as well as put in place the infrastructure needed. Earlier this year,
      FILE PHOTO  -  878 words
    • Article, Illustration
      Lock icon What makes S'pore one of the most resilient markets in region
      732 8  -  R SIVANITHY By ALMOST exactly 10 years ago in September/October 1998, the Singapore stock market suffered its worst-ever beating in the wake of a re-gion-wide sell-off that subsequently entered the history books as the notorious Asian financial crisis. That
      FILE PHOTO  -  732 words
    • Article, Illustration
      Lock icon Steering ahead with F1
      1091 9 THE arrival of Formula One in September will have obvious tourism benefits. But Fl's first night race is expected to create waves for more than just hotels and F&B outlets. Some people believe the inaugural Singapore Grand Prix will not only boost visitor arrivals and the
      _J FILE PHOTO; FILE PHOTOS  -  1,091 words
    • Article, Illustration
      Lock icon Challenges for property sector
      1510 10 New engines drive Singapore's property market but pitfalls remain, reports kalpaima rashiwala THE Singapore property market has weathered the storm from the US sub-prime crisis, soaring oil prices and overall inflation, pretty well. Runaway increases in property values in the high-end residential and prime office sectors
      J FILE PHOTO; FILE PHOTOS  -  1,510 words
    • Article, Illustration
      Lock icon No better time to be in Singapore
      1024 11  -  LEE U-WEN How well Singapore delivers on the ongoing iconic projects will influence its ability to attract more investments and events By THE nation may be celebrating its 43rd birthday today, but for many Singaporeans, National Day came exceptionally early this year nearly
      1,024 words
    • Article
      Lock icon All eyes on IRs now
      1009 11 Apart from a surge in tourism, jobs and tax receipts, Singapore's two integrated resorts could bring in new investors, reports Arthur sim WITH expectations of a big boost to the economy, more buzz and the promise of thousands of jobs, it is no wonder we
      1,009 words
    • Article
      Lock icon By our powers combined, this is Green Singapore
      404 11  -  JAMIE LEE By KIDS in the 1990s grew up to Captain Planet, a TV superhero who was bent on protecting the earth against eco-villains such as Hoggish Greedly, an evil-doer of "pig-like proportions" that devoured natural resources with a "love for overconsumption".
      404 words
    • Article
      Lock icon WHAT GREEN ENERGY PLAYERS SAY
      479 11 "We have a small market for all clean energy systems but Singapore is an excellent central and convenient location where all these technologies can be viewed as demonstration or model plants, test bedding plants and in certain cases pilot plants to validate the many technologies
      479 words
  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      148 7 mlkUkf s*j*-4& Mm ww BI vNuCSn Bl fit *l 't mm I Ijl V I H^mF 1 ai^^^ r v |Pl^^F':^B *^j|^|P P .KM, ■Xl ■Pw^^^^^T i^B^ftfiv T^^kdEvV s^^^^H a-i JbbY bUI u Sri > h^pbh h^1 V^^ < I l^B 1 V^^ I■■ -^bw^^^^^^A I I ai laMHt Kf
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  • It's 'bonus issue' for BT readers
    • Article, Illustration
      Lock icon Untitled
      163 12 Style parade Look sharp in this croppe tuxedo jacket from homegrown fashion label bYSI, located at #02-08/09 of < Causeway Point and #02-L0 of The Centrepoint. its chic versatility means it can be paired over dresses or slacks and with $L0 slashed from its original price of $59, here's one
      163 words
    • Article, Illustration
      Lock icon Untitled
      95 12 Put your best foot forward and take a stroll down to Singapore's best joints in a pair of Nine West heels. Celebrate the Singapore spirit on this special day wit! savings of $43 with a minimum purchase of two items solely for readers of The Business Times. The promotion is
      95 words
    • Article, Illustration
      Lock icon Untitled
      117 12 No outfit is truly complete without anj bling. Stand out from the crowd by going purple this National Day with some exquisite Purple Gold pieces from Lee Hwa Jewellery. With stunning i_u._& of $100 for all Purple Gold Jewellery (except Fashion Indulgences range) and no minimum purchase required, there's every
      117 words
    • Article, Illustration
      Lock icon Untitled
      115 12 Feeling good It's not enough to just look good. With great offers like these, you will feel good too! Israeli skincare brand AHAVA, the leading brand in Dead Sea Skincare products, is offering 43% off for every second item purchased. The dermatologically tested products use minerals from the Dead Sea
      115 words
    • Article, Illustration
      Lock icon Untitled
      95 12 Men, here's something for you. L'Occitane's new fragrance exudes a rich woody scent, infused with the fragrance of Cypress. Show your copy of The Business Times Weekend when you purchase L'Occitane's Bavx Shower Gel (250m1) and the limited edition alcohol-free Deodorant Stick (75gm), at $32 and $36 respectively, to receive
      95 words
    • Article, Illustration
      Lock icon Untitled
      97 12 Enjoy the nourishing properties of bird's nest without worrying about calories and sugar intake with Eu Van Sang's Premium Concentrated Bird's Nest. Rich and thick in texture, the rejuvenating supplement is free of preservatives, artificial colouring and flavouring and can be consumed direct from the bottle, chilled or warmed. Readers
      97 words
    • Article, Illustration
      Lock icon Untitled
      148 12 Make yourself at home Light up with these lamps from Kartell Flagship Store, at #05-14 of The Centrepoint. The Bourgie Lamp with crystal finish is going at a special price of $338 for readers this National Day (UP $483) while the Take Lamp is now at an exceptional price of
      148 words
    • Article, Illustration
      Lock icon Untitled
      107 12 Get your work done when on the go with the super slim 1.28 kg ASUS Notebook. Equipped with Intel Core 2 Duo Processor (I.2 Ghz), 2GB RAM, 120GB Hard Disk, DVD Super Multi Drive, Bluetooth, camera and fingerprint security technology and working on Microsoft Windows Vista Business, this is one
      107 words
    • Article, Illustration
      Lock icon Untitled
      142 12 Put your best National Day shots in this handmade poly-resin photo frame (UP $59.90) from USA designer Tony Tompkin, exclusively available at Cards n Such, located at #03--03/04/05 of The Centrepoint. Also featuring a handmade poly-resin mirror with tea-light holder (UP $49.90), from the same designer. Enjoy a discount of
      142 words
    • Article, Illustration
      Lock icon Untitled
      74 12 Why stop at table centerpieces when you can put a conversation starter on the wall? This classic 27-inch Dupont wall clock from USA is sure to impress your guests with its semimechanical fagade anr1 wooden finish. You ce get this $850 antiquated ticker at 20% less when you present this
      74 words
    • Article, Illustration
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      114 12 Hungry for more? Celebrate Singapore's birthday with something close to our hearts food. All that shopping is bound to get you tired and hungry anyway, so fuel up with a tantalizing hot meal at Bistro Delifrance. Any order of Main Course, Grill, Combo, Pasta, Pizza, Baked Rice, Burger or Hotdog
      114 words
    • Article, Illustration
      Lock icon Untitled
      66 12 Afterwards, soak up the celebratory mood and unwind with a little tipple at Cugini Restaurant Lounge Bar at #01-27/28 of Robertson Walk. Any meal order such as its braised Wagyu beef cheek with tapinambour sauce and bitter cocoa gets you a glass of Bellini (champagne mixed with peach liqueur), on
      66 words
    • Article, Illustration
      Lock icon Untitled
      138 12 Also at Robertson Walk is the newly-opened Wine Connection Deli Bistro, where delicious servings of exclusive deli products, directly imported/home-made by Wine Connection, await your palate. From today till August 17, enjoy 30% off its French Brie de Meaux and its Italian ham Prosciutto di Parma D.O.P Negroni, going at
      138 words
    • Article, Illustration
      Lock icon Untitled
      84 12 You have to keep your bottle of wine somewhere, so why not use this nifty holder from Israeli designer Shahar Peleg? It is just a simple metal chain with chrome finish but you will be amazed at how your bottle is suspended as if by magic. This unique invention is
      84 words
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  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon BROKERS' TAKE
      886 13  -  CHOW PENN NEE DBS Group Aug 8 close: $18.70 CITI, Aug 7 Buy: EPS Cut 9-11 per cent Post HI 08 Result, New TP 5520.85 Buy on weakness: We cut estimates 9-11 per cent post the HI 08 results, but view that recent price weakness has partly factored
      886 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      942 13 For week beginning Aug 4 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Substantial Buy No of Price SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) TMCEduCorp 8-Aug-08 Woo Lee Yong OE 126 0.06 719 0.43 845 0.51 China Sun Biochem 7-Aug-08 Sun
      942 words
    • Article, Illustration
      Lock icon Looking for clues in past downturns
      1581 13  -  TEH HOOI LING SHOW ME THE MONEY IT is a forgone conclusion that we are entering a period of economic slowdown. Or perhaps, the signs have been there for some months but people are now finally choosing not to be in denial. For five
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Suspected bird flu outbreak in Sumatra, fowl killed
      299 14 -AFP [JAKARTA] Hundreds of chickens and ducks have been slaughtered to contain a suspected bird flu outbreak in Indonesia as 13 people with flu-like symptoms await laboratory results, officials said yesterday. Thirteen people were hospitalised earlier this week with fevers and respiratory
      -AFP  -  299 words
    • Article, Illustration
      Lock icon Indonesian central bank may up rates
      483 14 Bloomb erg An increase to 9.5% is adequate to keep inflation between 6.5% and 7.5% [JAKARTA] Indonesia's central bank may increase interest rates to as much as 9.5 per cent and prevent the rupiah from depreciating too fast to slow inflation, deputy governor Hartadi
      Bloomb erg; iiii BLOOMBERG  -  483 words
    • Article
      Lock icon Haze delays flights in Sumatra
      258 14 [JAKARTA] Choking smoke from forest fires hung over parts of Indonesia's Sumatra island yesterday, forcing a delay in flights, and prompting fears that conditions could worsen because of lack of rain, officials said. About 450 hot spots have been detected across Indonesia, and forestry officials
      258 words
    • Article
      Lock icon Anwar bent on toppling government – by Aug 27
      247 14 Anwar bent on toppling government by Aug 27 Bloomberg [KUALA LUMPUR] Malaysian opposition leader Anwar Ibrahim, charged on Thursday with a sex crime that carries a sentence of up to 20 years, said he remains determined to topple the government later this month. Lawmakers from the ruling Barisan Nasional coalition
      Bloomberg  -  247 words
    • Article
      Lock icon Jakarta may give Maybank more time to reduce 811 stake
      253 14 [JAKARTA] Indonesia could extend the timetable under its takeover rules for Malaysia's Maybank to refloat shares in Bank Internasional Indonesia (BII), the chairman of the country's capital market regulator (Bapepam) said yesterday. State-controlled Maybank has said that it planned to
      253 words
    • Article
      Lock icon BURSA MALAYSIA
      2199 14 hug 8 RM ('000] A&M Realty 0.46 AbricBhd 0.17 Advance Synergy 0.09 Adventa Bhd 0.84 Ae Multi Hldgs 0.20 Affin Holdings 1.86 Ahmad Zaki Resou 0.71 AicCorp 0.52 \irasia Bhd 1.13 Akn Technology 0.39 Alliance Financi 2.78 Aluminium Co 1.06 Amalgamated Ind 0.51 \mmb Hldgs Bhd 3.26 Amtel
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  • Page 14 Advertisements
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      Lock icon Page 14 Advertisements Column 1
      151 14 DISCOVER nfc/ifj YOURSELF! \_J -Mfl (INENGUSH) M Wl »J I M With just a birth date, get to know your: Bid price starts from $2500 Bidding ends 11.59pm, 10 August 2008 Character Suitable careers Lucky colours 1900-914-0002 11 jmtL Calls at $0,214 cents/mm H (inclusive of GST) EEEE23 M^ x]
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  • GREATER CHINA
    • Article
      Lock icon Stamp of approval for communist rule
      733 15 BEIJING OLYMPICS Games' opening has from the beginning been a politicoathletic event [BEIJING] In the lobby of a provincial Chinese hotel stood a 25-foot-high inflatable doll, a beaming Olympic mascot cheerfully inviting one and all to enjoy the 2008 Beijing Games. But in small
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    • Article
      Lock icon Bomb threats to Air China's Japan office
      305 15 -AFP [TOKYO] Air China's Japan office received an e-mail threat to bomb its aircraft and crash planes into the site of the Beijing Olympics, police at Tokyo Narita airport said yesterday. An officer said the threat was: "We are telling Air China: immediately
      -AFP  -  305 words
    • Article
      Lock icon Growth to quicken to 10.2% in Q3: report
      162 15 moomoerg [BEIJING] China's economic growth may accelerate in the third quarter to 10.2 per cent as industrial production quickens and Sichuan province rebuilds after the May 12 earthquake, a government research agency said. Inflation will slow to 6.6 per cent, the State
      moomoerg  -  162 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8543 15 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acoms of Asia Balanced FundlS 2.017/ AIGIF S'pore Bond Fund/ A 1.342/ APS Asset Mgt Pte Ltd APS Alpha Fund!" 0.9/ APS Alpha Fund (USD) 0.65/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.9832/ APS Komaba
      8,543 words
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  • INDIA
    • Article
      Lock icon BSNL, NHPC IPOs to raise US$10b
      501 16 Bloomberg A revival in offerings is expected as stocks rebound from a bad start this year [MUMBAI] Bharat Sanchar Nigam Ltd, India's biggest telephone company, and NHPC Ltd plan to raise more than US$lO billion in share sales, leading a revival in offerings as
      ■ Bloomberg  -  501 words
    • Article, Illustration
      Lock icon Top economic policy adviser quits
      285 16 Reuters C Rangarajan was head of Economic Advisory Council [NEW DELHI] A top economic policy adviser to India's prime minister, C Rangarajan, has resigned after nearly four years helping guide Asia's third-largest economy and is set to enter Parliament. Mr Rangarajan earlier served as governor
      Reuters  -  285 words
    • Article
      Lock icon Inflation crosses 12% – highest in 13 years
      286 16 Inflation crosses 12% highest in 13 years -AP [NEW DELHI] Annual inflation in India passed 12 per cent, reaching a 13-year high, despite months of increasingly restrictive monetary policy, the Ministry of Finance reported on Thursday. The wholesale price index the most-watched inflation benchmark inched up to 12.01 per cent
      -AP  -  286 words
    • Article
      Lock icon SGX MAINBOARD
      8616 16 52-wks Tel |h Low Code Last Sale Vol ('000) Hi I Day Last Quote Div Gr Yld Net |h Low Buyer Seller C'vr P/E M Cap Smil Mi Com[ 5716 1st Software 16 5.5 3148 STelecom i I i., 110 100 6389 ABFSGBondETF 24 12 1938 AEICorp 20.5
      8,616 words
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  • WORLD
    • Article, Illustration
      Lock icon Credit derivatives spared ultimate test
      525 17 But they have proven themselves to be relatively liquid while other financial markets froze [NEW YORK] Government intervention has saved the US$62 trillion credit derivative market from facing the nightmare of counterparty failure during the credit crisis of the past year, though the securities have
      525 words
    • SGX
      • Article
        Lock icon MOST ACTIVE STOCKS
        53 17 VOLUME Oceanus 55,746,000 Golden Aqri 46,472,000 Biosensors 40,476,000 JiutianC 32,367,000 UniFiber 25,463,000 SingTel 24,019,000 Yangzijiang 23,033,000 Cosco Corp 21,303,000 StraitsAsia 21,156,000 DBS DB eCWOBIII7 19,194,000 Clob VALUE UOB 100,682,487 DBS Grp 94,397,734 Capita Land 93,110,630 SingTel 84,505,420 SembMar 53,902,430 StraitsAsia 52,292,140 OCBCBk 51,892,220 Cosco Corp 51,490,120 SGX
        53 words
      • Article
        Lock icon RISES
        102 17 CLOSE UP DBS Bk6% NCPS 10 ***** 20.0 0.2 Asia Pac Brew 1284 18.0 1.4 StraitsAsia 251 15.0 6.4 Tat Hori' 140 15.0 12.0 Cai iitalanSGAePW***** 33 12.0 57.1 JSH 1668 11.2 0.5 Omei laNav 2410 10.0 0.4 Cai iitalanBNPePW***** 51 8.5 20.0 SGXMBL JCW*****3 193 8.0 4.3 Auric
        102 words
      • Article
        Lock icon FALLS
        119 17 Closing prices are in trading currencies, but absolute ditterence is in Ss. CLOSE DOWN GLD 10US$ 8534-218.3 -1.8 JMH 3058 -72.8 -1.7 China H 10US$ 1504 -42.0 -2.i UOB 1966 -40.0 -2.0 DBS MBL JCW*****0 472 -33.0 -6.5 UOB MBUCW*****0 619 -30.0 -4.6 Venture Cor| 1002 -30.0 -2.! Caj
        119 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      68 17 Up Down Unch 3 8 5 Up Down Unch OOP Up Down Unch 3 8 5 Multi Ind Manufacturing 37 73 54 10 40 82 Commerce 17 26 16 21 29 18 )t/Stor/Co trims 14 12 13 15 12 15 Finance 19 Construction Prot 12 24 12
      68 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      120 17 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 9,689 9,689 53,195 53,195 Manufacturing 247,331 13,546 260,877 240,443 1,115 241,558 Commerce 51,228 56,533 107,761 55,142 25,328 80,469 )t/Stor/Comms 88,630 922 89,552 231,805 205 232,010 Finance 26,898 26,903 301,333 301,333 Construction 37,875 3,990 41,865 5,928
      120 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      25 17 lapitaLand 4.860 -0.240 ipr lev" .orp irp lerv line ■PPel irp Ham 2.250 +0.050 ■ngg Jefrfl .orp >eml >mg Imar angzijiang
      25 words
    • Article
      Lock icon BONDS & WARRANTS
      1212 17 BONDS WARRANTS rei lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left 1014 Capitaland BNP ECW*****8 11.5 -2 193 0.1 493 17 1015 Capitaland BNP ECW*****2 9.5 -2.5 20 0.1 593 17 1469 Capitaland BNP EPW*****3 51 8.5 100 0.3 638
      1,212 words
    • Article
      Lock icon SGX CATALIST
      2003 17 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      2,003 words
    • Article
      Lock icon SGX XTRANET
      70 17 Wk Tel Low Code Last Sale Vol COOP) Low Lasi }uote Seller Div Net P/E Cap > m II Hi< Com i Hi< Bit C'vr 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P5OO 6170 SPDRS 398.3 286 6009 STI
      70 words
    • Article
      Lock icon CLOB INTERNATIONAL
      74 17 52-Wk Tel High Low Code Last Sale Vol COOQ) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E Sinil Comi >an' Hii 130.7 55 6000 AVJennings... 20.5 4 6134 Over&Gen 53.5 16.5 6017 StarCruises.... 283 199 6019 TanChonglnt ...A61 ...A8 US16.5 -0.5 .HK212cd -5
      74 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Fannie Mae to cut dividend after Q2 loss
      493 18 Reuters The fourth straight quarterly loss of USs2.3b comes in above expectations [NEW YORK] Fannie Mac, the largest US home funding source, yesterday posted its fourth straight quarterly loss as home loan defaults increased and said it would slash its dividend more
      ■ Reuters; BLOOMBERG  -  493 words
    • Article
      Lock icon RBS posts H1 loss of £802m
      320 18 -AP Heavy write-downs push it into first loss in 40 years [LONDON] Royal Bank of Scotland Group pic (RBS) yesterday reported a half-year loss of £802 million (552.2 billion), forced deep into the red by heavy write-downs as the US sub-prime credit crisis exacted
      -AP  -  320 words
    • Article
      Lock icon Asean, India likely to sign free trade pact in Dec
      200 18 [BANGKOK] South-east Asian nations expect trade with India will soar once the regional bloc Asean signs a just-concluded deal with New Delhi at a regional summit in December, officials said yesterday. Talks in Brunei on Thursday removed the remaining obstacles
      200 words
    • WORLD WATCH
      • Article
        Lock icon OECD sees sharper economic slowdown
        142 18 Reuters [PARIS] A sharper economic slowdown lies ahead for 29 countries in the OECD, the Paris-based Organisation for Economic Cooperation and Development said yesterday. Its composite leading indicator for the OECD area fell to 96.8 in June from 97.4 in May, and a similar indicator
        Reuters  -  142 words
      • Article
        Lock icon Fighting rages in South Ossetia capital
        72 18 Reuters [MEGVREKISI, Georgia] Tensions over Georgia's rebel territory of South Ossetia exploded yesterday when Georgia tried to assert control over the region with tanks and rockets, and Russia sent forces to repel the assault. Fighting between Georgian forces and Russian-backed separatists raged in and
        – Reuters  -  72 words
      • Article
        Lock icon US biz productivity grows 2.2% in Q2
        77 18 Reuters [WASHINGTON] US business productivity grew by a relatively solid 2.2 per cent annual rate during the second quarter as companies boosted output while they cut jobs, a Labour Department report yesterday showed. The second-quarter rise in productivity was weaker than the 2.5
        Reuters  -  77 words
      • Article
        Lock icon New York Fed to sell USssob in options
        119 18 Bloomberg [WASHINGTON] The Federal Reserve Bank of New York said it will sell on Aug 27 and Sept 10 as much as US$5O billion in options to primary government bond dealers who may later want to borrow from the Fed's pool of
        Bloomberg  -  119 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      237 18 Wide frontage Onlysl7M neg '"^•B sg ft, 6+l rm ERP gantry locations and prices I I^s^^^^nl%lH I^BJ Jfe- J^d^ Lush greenery BUT nDTHIDC TH/vT SHE C«MTT H^DDtE.'! %tf ft VP S^^^^fe Gd size pool with huge gdn TSJl^l li Brand new. Rare |3l^lil !V P^^^^B 1 Ndyll!| o»j4l>?^UH| Monday to
      237 words
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      Lock icon Page 18 Advertisements Column 2
      12 18 BB3BISBIBB Win a Zegna Sport i-Pod Jacket worth $2,500! ft ZegnaSport ZaDCode
      12 words
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  • MOTORING
    • Article, Illustration
      Lock icon A new round of Golf soon
      359 19 The sixth-generation of the popular Golf car is now sportier and more masculine, reports SAMUEL EE T'S finally official. Volkswagen released photos of the new Golf this week. This popular European model over 26 million have been sold is said to retain the same
      359 words
    • Article, Illustration
      Lock icon French chic plus some conventionality
      491 19  -  SAMUEL EE By FRENCH cars used to be an unusual proposition they could be quirky, occasionally phlegmatic and exhilaratingly engaging, all at the same time. With their Gallic styling, they often stood out on the road. Even if you didn't like what you saw, you
      491 words
    • Article, Illustration
      Lock icon Hatchback in favour
      579 19 The popularity of the hatchback is growing as petrol prices remain high. SAMUEL EE drives two 1.4-litre models from Germany for an idea of what they have to offer CAR manufacturers are upsizing their models and the treatment for the new Opel Corsa is no different. Where
      579 words
    • Article, Illustration
      Lock icon Frugal and fun Golf
      484 19 IT may be a fraction of the price, but the latest Volkswagen Golf has one thing in common with the new Porsche 911 Carrera a seven-speed dou-ble-clutch gearbox. And although it costs a lot less, the new Golf TSI offers something the Carrera does not a
      FILE PHOTO  -  484 words
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  • GOLF
    • Article, Illustration
      Lock icon Go online, book a tee-time
      1356 20 New interactive system lets you do this real-time for courses in and around Singapore, reports JUSTINE MOSS EBSITES dediI cated to the golfing world have been around since the dawn of the Internet Age, and products and services aimed at the e-savvy golfer range from
      1,356 words
  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      670 20 Wine&dine with weekendßT Meritus Mandarin Singapore star twin chefs Jacques and Laurent Poucel is set to always attentive and never obtrusive. For more mn h ri R ri T IWW c it T ta^e tne re9'on by storm. Andre regales diners with a Marina Mandarin Singapore information, please call our
      670 words
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  • WELLNESS
    • Article, Illustration
      Lock icon The eyes really do have it
      612 21  -  CHEAH UI-HOON More local research and local findings are boosting our understanding of health. BT Weekend reports on two recent conferences and presentations Reports by EYES are often described as windows to the soul. Now they're also windows to one's health condition specifically, diabetes,
      612 words
    • Article
      Lock icon What else you should know about diabetes, obesity
      437 21 THE following are excerpts from other lectures presented during the JAMA-NUHS conference, co-hosted by The Journal of the American Medical Association (JAMA) and the National University Health System (NUHS) Fatty liver disease and obesity Fat kids look cute, but their livers might
      437 words
    • Article, Illustration
      Lock icon Treating a common gynaecological condition
      857 21  -  MELISSA HENG By IT is a problem few women like to talk openly about. Characterised by a persistent itch or irritation "down under", vaginitis is a common gynaecological condition that plagues a good many women here each year. Yet despite it being widespread about three
      FILE PHOTOS  -  857 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      317 21 CRYPTIC CROSSWORD ACROSS 4 The Spanish, one by one, giv--1 Solemn doctor probing ul- en recipe for potion (6) cer(6) 5 Without hesitation, report--5 Victim in genuine denial (8) edly cancel the dance 9 One no longer able to make (5,3,3,4) changescouldmakeonel3 6 Singer in pub, Italian one (8) <46)
      317 words
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  • SHOPPING
    • Article, Illustration
      Lock icon Marrying art with design
      1021 22 Saporiti Italia hopes to push Singapore's design capabilities up a notch by developing creative solutions for quality projects, says CHEAH UI-HOON SINGAPORE as a design hub and centre looks set to move up a few notches, when Saporiti Italia, one of Italy's cutting edge design companies
      1,021 words
    • Article, Illustration
      Lock icon Get kinky in front of the TV
      393 22  -  CORINNE KERK By IT'S got leather, it's got straps and even a hot and heavy "black" product catalogue populated by naked bodies in all manner of sexually explicit poses. Welcome to the Prive ("private" in French) world of Italian designer furniture brand, Cassina
      393 words
    • Article, Illustration
      Lock icon Zegna keeps it in the family
      894 22  -  CHRISTOPHER LIM By YOU can tell when someone loves what he's doing. There's a glint in the eye and an energy in the voice that can't quite be faked. And Gildo Zegna, head of the Italian fashion company of the same name, definitely has
      894 words
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  • PERSONAL SPACE
    • Article, Illustration
      Lock icon Usable collectibles
      1341 23 The general manager of Space Furniture has iconic pieces in his home which are not only to be admired but also put to everyday use, notes CORINNE KERK YOU'D expect the home of a man who runs a business selling contemporary furniture by top designers to sport the
      PHOTOS BY ARTHUR LEE  -  1,341 words
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  • THE BUSINESS TIMES weekend
    • Article, Illustration
      Lock icon Food items: 20, wine labels: 400
      805 24 There's a different dimension to wining and dining in Singapore these days. Once, a good meal accompanied by a well-matched bottle of wine was a relatively rare commodity but now, it is de rigueur for top-tier restaurants to offer an extensive wine list. Beyond
      805 words
    • Article, Illustration
      Lock icon A pioneer survives the competition
      425 24 Mag's Wine Kitchen 86 Circular Road. Tel: 6438-3836 www.magswinekitchen.com GIVEN the virtual onslaught of new F B concepts with a strong focus on the 'B' aspect of the combination, it's somehow comforting to know that whenever you have a yearning for a taste of the
      425 words
    • Article, Illustration
      Lock icon Not your everyday wine bar
      729 24 Tippling Club 8D Dempsey Road. Tel: 6475-2217 www. tipplingclub. com THE Tippling Club opens for business next Friday with a bold and exciting new F B concept that might take a little getting used to, but it also represents a significant new phase in the
      729 words
  • Page 24 Miscellaneous