The Business Times, 14 August 2008

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Total Pages: 32
1 32 The Business Times
  • 22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Thursday, August 14,2008
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  • 701 1  -  EMILYN YAP Credit crunch, sputtering stock markets open up channels for private equity in expansion financing By [SINGAPORE] Private equity funding for growing companies may have slowed in the past year, but industry players are confident that activity will soon pick up especially
    Thomson Reuters  -  701 words
  • MARKETS DIGEST
    • 45 1 Inesi iam 1COMP 1,112.53 -6.25 IIKKEI225 13,023.05 -280.55 IANG SENG 21,293.32 -347.57 ;et index 701.60 -1.33 JAKARTA COM P 2,063.52 +5.9. IANILACOMP 2,721.94 -33.92 ;eoulcomp 1,562.72 -14.40 ;henzhen b 386.94 -0.17 IUMBAI IND 15,093.12 -119.01 NOON EDT Cham )OW 11,479.88 -162.5! IAS DAI 2,407.53
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    • 29 1 Bloomberg 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  -  29 words
    • 37 1 IS$ (S$ per US$) 1.405 (US$/S$ per 1.899 2.668 :URO (US$/S$/E) 1.492 2.096 'EN 108.80 77.40 3.316 2.360 IK$ 7.808 5.558 !AHT 33.68 23.97 lUPIAH 9,172 6,529 lENMINBI 6.859 4.883 INDIAN RUPEE 42.68 30.38 1.149 0.818
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  • 56 1 AFP [BEIJING] Another splash, another record. US swimmers Ricky Berens (left), superstar Michael Phelps (right) and Ryan Lochte all pumped up after winning the men's 4x200m freestyle relay final at the Beijing Olympics yesterday. Their feat, in 6 minutes and 58.56 seconds, also shattered the world record
    AFP  -  56 words
  • 597 1  -  YEN SREENIVASAN Industry watches as several sticking points stand in way By [SlNGAPOßE] It is something which has become somewhat predictable at Singapore Airlines in recent years. And we are not talking about the world-class quality standards at the airline. We are
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  • Page 1 Miscellaneous
    • 45 1 CORPORATE PROPERTY f =^J_ BizlT BE INSPIRED RESULTS Mining giant to lease I Spore firms aim Zap for daily inspiration. ComfortDelGro: Q2 profit space at MBFC to boost security Win a Zegna Sport i-Pod Jacket! down 2.9% PAGE 5 PAGE 31 PAGE 21 PAGE 4
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  • TOP STORIES
    • 656 2  -  ANTHONY ROWLEY Nikkei 225 stock average plunges by over 2% or 280.55 points By in Tokyo JAPAN'S economy shrank at its fastest rate in seven years during the second quarter of 2008, it was revealed yesterday; and while government officials claimed that
      REUTERS  -  656 words
    • 495 2  -  LYNETTE KHOO Study shows they are behind in fund raising, liquidity By [SINGAPORE] Asia Pacific trading boards for growth companies have seen expansion in market capitalisation over the past few years. But they continue to lag in liquidity and fund-raising compared with AIM
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    • THREE-MINUTE DIGEST
      • 77 2 AFTER absorbing more than US$4O billion of writedowns and purging assets this past year, ÜBS still holds massive amounts of risky mortgages and other debt that could yield future losses. While some investors have urged the bank to sell or spin off its
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      • 46 2 A COMBINATION of higher fuel and electricity costs, as well as diesel subsidies to taxi hirers, weighed down ComfortDelGro Corp's net profit for the second quarter ended June 30, which slipped 2.9 per cent to $56.8 million. COMPANY NEWS, PAGE 5
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      • 64 2 HG METAL Manufacturing says it is going for the volumes game in the steel industry where size matters. Its 51 per cent owned unit HG Metal Pte Ltd has agreed to buy 70.28 per cent of BRC Asia for $48.13
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      • 56 2 HEALTHCARE provider Parkway Holdings yesterday reported higher net earnings for the second quarter ended June 30 up 8 per cent year on year to $27.3 million. This translates to earnings per share of 2.99 cents, or 0.08 of a cent higher than in
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      • 39 2 THE Central Provident Fund Board will continue to pay 2.5 per cent interest per annum for members' savings in their Ordinary Account from Oct 1 to Dec 31. SINGAPORE NEWS, PAGE 9
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      • 59 2 A RUNAWAY slide in the Australian dollar to seven-month lows risks stoking already high inflation and will give the central bank less room to cut rates aggressively as growth slows, analysts warn. The currency has tumbled 14 per cent against the US
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      • 57 2 CRUDE palm oil price has plunged more than 40 per cent from its peak in the first quarter of this year. While some analysts believed the current dip to be a temporary hiccup others were convinced that the sector will be
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      • 68 2 CHINA should prepare emergency plans to bolster its economy in case of a sudden deterioration in external demand and an abrupt slump in growth, according to the State Information Centre. The government should raise its 2008 and 2009 inflation targets to between 5
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      • 42 2 EUROPEAN financial groups ING and Zurich Financial Services reported quarterly profits that met or exceeded expectations. But smaller insurers in Europe, more vulnerable to credit market turmoil and weakening economic conditions, reported sluggish profits. ASIA-PACIFIC/WORLD, PAGE 17
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      • 50 2 MINING and resources giant BHP Billiton of Australia is leasing about 150,000 sq ft at Marina Bay Financial Centre, BT understands. The space will be in MBFC's 50-storey Tower 2, which is slated for completion in second quarter 2010. PROPERTY, PAGE 31
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    • 355 2  -  UMA SHANKARI Networking event to come under SBF's control from 2009 jrty [SINGAPORE] Global Entrepolis Singapore (GES), one of the biggest business networking events here and a brainchild of the Economic Development Board (EDB), is taking a break in 2008 after
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    • 597 4 Reuters Bank reports USs3slmQ2loss, but predicts a profit next year [NEW YORK] After absorbing more than US$4O billion of write-downs and purging assets this past year, ÜBS still holds massive amounts of risky mortgages and other debt that could yield future losses.
      – Reuters; REUTERS  -  597 words
    • 373 4  -  JEFFREY GOLDFARB By ÜBS is running apace to a new future. To get there, the Swiss bank has admitted defeat on its one-bank model and further shaken up the executive ranks, fresh on the heels of broader management and governance overhauls. But as fast
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  • COMPANY NEWS
    • 619 5  -  JAMIE LEE CORPORATE finance firm Prime Partners, in receiving shares in lieu of cash as payment for acting as sponsor for the IPO of Healthway Medical Corporation, has raised some eyebrows in the market. That's chiefly because of concerns that such an arrangement
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    • 530 5  -  SAMUEL EE SBS Transit posts 56% fall in Q2 profit on rise in fuel and electricity costs By A COMBINATION of higher fuel and electricity costs, as well as diesel subsidies to taxi hirers, weighed down ComfortDelGro Corp's net profit for the second quarter ended
      530 words
    • 660 7  -  ports by LYNETTE KHOO HG Metal will undertake the acquisition in two tranches Re F HG Metal Manufacturing says it is going for the volumes game in the steel industry where size matters. Its 51 per cent-owned unit, HG Metal
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    • 154 7 A NETWORKING session to meet fellow Chief Financial Officers, with good food and wine thrown in. Sounds good? Then join us at The Business Times' inaugural CFO Nite on Aug 20, just for the CFOs of SGX-listed companies. The highlight of the
      154 words
    • 455 7  -  AMIT ROY CHOUDHURY By DATACRAFT, which is in the process of being taken private by its parent Dimension Data, yesterday reported a 23 per cent increase in net profit to US$9 million for the third quarter of fiscal 2008, which ended
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    • 499 7 BRC Asia said that Sembawang Engineers and Constructors Pte Ltd (SEC) is not a major client and that the legal suit over payment for supplying steel products to SEC will not affect its business pipeline. "This is our only major project
      499 words
    • 344 8  -  Revenue up 7% to $236 m; first-half net earnings drop 2% to $45.8 m By EMILYN YAP HEALTHCARE provider Parkway Holdings yesterday reported higher net earnings for the second quarter ended June 30 up 8 per cent year on year to $27.3 million.
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    • 409 8  -  By ARTHUR SIM SC Global Developments has reported a net profit of $11.47 miUion for Q2 2008, up 117 per cent from the $5.28 million in the year-ago period. Revenue for the quarter was $32.4 million, marginally lower by 5 per cent
      409 words
    • 360 8  -  ARTHUR SIM By METRO Holdings has reported a 59.29 per cent slide in second-quarter net profit to $5.57 million, down from $13.67 million a year earlier. Revenue for the quarter ended June 30 was $46.69 million, down 15.16 per cent from $55.04 million
      360 words
    • 372 8  -  YEN SREENIVASAN By MAINBOARD-LISTED crane specialist Tat Hong Holdings posted its best ever first quarter numbers, lifting its distributable profit for the April-June 2008 period by a whopping 69 per cent to $29.2 million. This came on the back of
      372 words
    • 413 8  -  VINCENT WEE By EMERGING offshore oil and gas service provider Swiber Holdings yesterday reported second-quarter earnings growth of more than three times to U5522.2 million, from US$6.2 million last year. The continued strong flow of offshore construction projects led to an impressive
      413 words
    • 261 8  -  JAMIE LEE By ADVANCED Holdings, which recently diversified into clean energy, yesterday reported a 27.4 per cent fall in second-quar-ter net profit to $3.22 million. It attributed the fall to higher operating expenses and said the market will remain competitive in the current second
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    • COMPANY BRIEFS
      • 50 8 A DECLINE in trading volume and lower commission income dragged down UOB Kay Hian's profits. The brokerage reported a 64 per cent fall in net profit for the three months ended June 30 to $29.2 million. Revenue fell 57 per cent to $94.1 million.
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      • 86 8 HAW Par Corporation has posted a 16 per cent fall in net profit for the second quarter ended June 30 to $44.4 million, due partly to lower investment income. Turnover rose 3.3 per cent to $30.1 million. For the first six months of
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      • 55 8 NATSTEEL Ltd's net profit rose 39 per cent year-on-year to $22.6 million in the second quarter ended June 30 as sales expanded 13 per cent to $95.2 million. The company declared an interim cash dividend of 10 cents a share to be paid
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      • 93 8 CITYSPRING Infrastructure Trust yesterday reported that its net profit rose to $8.07 million for the three months to end-June, from $2.11 million a year earlier. Its earnings were boosted by the inclusion of its Basslink asset in Australia, which the trust acquired in July last
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    • 450 8 Net profit refers to profit attributable to equity holders. Exchange rate: US$l =551.360, HK$l =550.174, RMBI =550.198 Rupiah=Sso.oools nm: not meaningful i 6 months ended June 2008 NET PROFIT TURNOVER CURRENT I PREVIOUS CHNG CURRENT PREVIOUS (S$m) (S$m) CHNG 1 FirstRes 105.24 32.64 222.5 218.09 114.08 91.2
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  • SINGAPORE MARKETS
    • 569 6 STOCKS Prices again come under pressure despite respite from periodic bouts of short-covering THE Encarta World English Dictionary defines attrition as "the gradual wearing away of morale and the powers of resistance by persistent attacks". It's a decent enough description for current conditions in stock
      Bloomberg  -  569 words
    • 94 6 Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 8 4 0 0 0 3 8 4 Manufacturing 54 69 56 13 59 76 69 Commerce 17 20 20 21 23 25 "pt/Stor/Comms 23 24 Finance 19 19 instruction 10 13 10 Pro| lerties
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    • 118 6 Sing foreign stocks. Value calculated using Monday's exchange rates. MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 15.358 15.358 85.123 85.123 lanufacturing 231.557 19.831 251.388 195.702 1.383 197.085 Commerce 32.947 16.476 49.423 53.620 6.403 60.023 "pt/Stor/Comms 81.887 371 82.258 211.969 89 212.058 :i nance 26.986 26.986 305.396
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    • 113 6 tod name lose lani CapitaLand 5.060 4-0.100 CapitaMall 2.810 -0.040 CityDev 10.600 4-0.180 Cosco Corp 2.320 4-0.050 DBS Grp 18.500 -0.080 F&N 4.150 4-0.040 Gent Intl 0.510 -0.015 HK Land 3.800 -0.050 JSH 16.960 -0.400 JardineC&C 17.200 4-0.100 Keppel Corp 10.120 -0.120 Keppel Land 4.260 -0.100
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    • Article, Illustration
      957 6  -  CONRAD TAN RESULTS were below expectations: Star Hub reported Q2 operating revenue of $531.4 million (+8.6 per cent y-o-y) and net profit of $64.2 million (-20.5 per cent y-o-y). Moreover, Ebitda decreased to $146.7 million (-10.4 per cent y-o-y). It also declared an interim dividend of 4.5 cents
      Bloomberg  -  957 words
    • 447 6 Reuters CURRENCIES [LONDON] The dollar fell slightly yesterday, retreating from six-month highs as investors took stock after the greenback's sharp rally since Friday. The euro has fallen to below US$l.49 from almost US$l.56 at the start of the month, as the market focus shifted
      – Reuters; BLOOMBERG  -  447 words
    • 4 6 DAILY
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    • 57 6 CLOSE IT OB/OS -941.00 -207.C IT CADI -*****.00 -99. IT 10-day MA -*****.00 -94.0' TSE ST Mid Cap 658.26 -3.5, TSE ST Small Cap 549.26 -6.6! TSE ST All Share 700.72 -2.4! TSE ST China Top 368.00 -1.5' TSE ST China 352.64 +0.7 IOB Catalist 125.13 -0.6:
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    • 54 6 VOLUME UniFiber 62,418,000 Golden Aqri 50,557,000 JiutianC 43,419,000 Gent Intl 41,490,000 SingTel 24,816,000 StraitsAsia 21,242,000 China Honqxinq 20,359,000 Yanqzijianq 19,766,000 DBS MBLeCWOBI2O2 18,085,000 DBS DBeCWOBIII7 17,835,000 VALUE(S) DBS Grp 105,339,580 UOB 89,230,677 SingTel 86,011,892 OCBC Bk 62,130,563 Keppel Corp 60,686,370 StraitsAsia 49,403,300 CapitaLand 44,732,738 STXPOKWIOO 32,952,270 CapitaMall
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    • 92 6 CLOSE UP LD 10US$ 8108 219.1 2.0 At 1060 18.0 1. i Land 506 10.0 2: lardine C&C 1720 10.0 0.' "IH 230 10.0 4. filmar 418 9.0 2., Sembawani 796 8.0 1.' ndpi 125 8.0 6.: 23 8.0 53. loble Gr| 190 7.0 3.: BY PERCENTAGI CLOSE Ul
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    • 119 6 CLOSE DOWN 1410-166.0 -10.5 reat Eastern DBS Bk6% NCPS 10 ***** -60.0 -0.6 ISH 1696 -56.2 -2.3 China H 10US 1424 -54.8 -2.7 IMH 3140 -30.9 -0.7 ICBC Bk4.5%NCPS 100 9920 -30.0 -0.3 i PC 547 -30.0 -5.2 India Ni 10 1501 -24.0 -1.6 Elec Eltek 165 -18.3 -7.3
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    • 83 6 Aug 13 %CHNG CLOSE FRAug12 YR2008 S$ LOW S$ HIGH USS 1.4027 0.61 1.4542 1.3457 Euro 2.0942 0.34 2.2064 2.0474 Pounds 2.6651 0.64 2.8431 2.6568 AS 1.2248 0.52 1.3251 1.2248® Yen* 1.2862 -0.50 1.4484 1.2619 Rupiah* 0.***** 0.72 0.***** 0.***** Baht* 4.1648 0.40 4.4299 4.0190 Peso*
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  • SINGAPORE NEWS
    • 741 9  -  CHOW PENN NEE RAFFLES TOWN CLUB SAGA Defence asserts it was substantial, but Lim insists he was only a consultant By FORMER remisier Peter Lim had a substantial and important role in Raffles Town Club (RTC), lawyers for the
      FILE PHOTO  -  741 words
    • 288 9 Concessionary rate for HDB mortgage loans remains 2.6% THE Central Provident Fund Board (CPF) will continue to pay 2.5 per cent interest per annum for members' savings in their Ordinary Account (OA) from Oct 1 to Dec 31. CPF said that although its
      FILE PHOTO  -  288 words
    • 139 9 New guide, website offer advice to employers and staff THE Tripartite Implementation Workgroup (TIWG) has launched a new guide and Internet portal to help employers and employees implement re-employment practices. The guide explains the principles underlying the recommendations of the Tripartite Advisory on
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    • 159 9 INVESTMENT research company Morningstar Asia has launched a free Web-based service providing investment education and information on unit trusts. Available at www.sg. morningstar.com, the service will represent more than 1,500 funds initially, and will cover the entire Singapore unit trust market. The
      159 words
    • SINGAPORE ROUNDUP
      • 31 9 PERMANENT Secretary of Defence Chiang Chic Foo and India's Defence Secretary Vijay Singh have signed a bilateral agreement on joint army training and exercises.
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      • 56 9 CURTIN University of Technology has appointed Associate Professor John Neilson as pro vicechancellor of its Singapore campus. Associate Prof Neilson, a long-standing staff member of the university's business school, has extensive experience in accounting, financial management and planning. The campus is scheduled to open
        56 words
      • 44 9 PARKROYAL Hotels Resorts has set up its first regional sales office for South-east Asia to support expansion in the region. Lawrence Chang has been named regional director of sales, and Ling Tjugiarto director of sales for global accounts.
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    • 361 9 PT INTERNATIONAL NICKEL INDONESIA Tbk ANNOUNCEMENT OF THE RESULT OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS It is hereby announced to all shareholders of PT International Nickel IndonesiaTbk. ("PTlnco"or "the Company") that the Extraordinary General Meeting of Shareholders held on Wednesday, August 13,2008 (the "Meeting") has resolved: 1 Approval of
      361 words
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  • SINGAPORE INTERNATIONAL
    • 1247 10 The country's north and north-eastern regions carry vast potential, reports CHUANG PECK MING THE Beijing Olympics may have thrown the global spotlight on China, but the economic potential of the country's north and north-eastern regions should not escape the notice of anyone, least
      : Bloomberg I  -  1,247 words
    • 189 10 KEPPEL Land has the following advice for developers and businesses wanting to venture into north and north-east China: "Currently, regulations on foreign investment in real estate, especially in the first-tier cities such as Beijing, are strict," says a Keppel spokesperson. "Singapore businesses must understand the restrictions
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    • 442 10 IE Singapore is secretariat of six Singapore-China business councils, of which three are in North and North-east China. They are: Singapore-Liaoning Economic Trade Council The Singapore-Liaoning Economic Trade Council (SLETC) was established on Nov 18, 2003, witnessed by then Singapore prime minister Goh Chok
      442 words
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    • 46 10 .04 13 ssssr The Business Times SINGAPORE Singapore Singapore International a fortnightly series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting the overseas growth of Singapore-based enterprises and international trade. www.iesingapore.com
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  • SINGAPORE INTERNATIONAL
    • 585 11  -  CHUANG PECK MING Opportunities there for its water and wastewater businesses By SEMBCORP Industries' Group has been in China for over a decade, steadily establishing beachheads and expanding in the Chinese markets. Naturally, pushing into north and north-east China is the next step
      585 words
    • 460 11  -  CHUANG PECK MING By EXCEL Marco has taken the first step towards a presence in China. And the Sin-gapore-based company is hopeful of clinching "significant" projects there this year that will provide a launch pad for the future. "With the size
      460 words
    • 655 11  -  CHUANG PECK MING By SINGAPORE-BASED EtonHouse International only stepped into north-east China last month, with plans to set up an international pre-school with a Singapore partner. But the provider of educational services is not a newcomer to China. It first set foot in the
      655 words
    • 766 11  -  CHUANG PECK MING Its main focus there is on building premier residential properties and townships By OVERSEAS operations account for about half of Keppel Land's profits and China is the main contributor. The property arm of Singa-pore-based Keppel Group, Keppel Land, first
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  • Page 11 Advertisements
    • 182 11 The annual Latin Asia Business Forum (LAB 08) brings together top business and government B^V^l leaders from Latin America and Asia to highlight opportunities for partnership in trade, investment and services, and to share market experiences, insights and expertise. j^ I |^^|l^b| FORUM HIGHLIGHTS: ■*^^T f jf^ Ready for investment
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  • BEIJING 2008
    • 1081 12 NYT Exhaustion, stress, equipment failure all fall away when Phelps hits water [BEIJING] Everybody has their theory about what makes Michael Phelps peerless. Simon Burnett, a freestyler from Great Britain, shared his the other day with Eddie Reese, the US men's Olympic coach. "He's not
      NYT; AFP  -  1,081 words
    • Article, Illustration
      98 12 AUG 13 China 5 5 27 United States 10 8 11 29 South Korea 6 6 1 13 Germany 6 1 2 9 Italy 4 4 3 11 Australia 4 2 6 12 Japan 4 2 3 9 Russian Fed 2 7 3 12 Great Britain 2 2
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    • 509 12 -AFP [BEIJING] China erupted yesterday when its women won their first team gymnastics Olympic gold medal, with further success in shooting, diving and weightlifting adding to the elation. Emotions also spilled over on the badminton courts with defending women's champion Zhang Ning breaking
      -AFP; PHOTOS: XINHUA, AFP  -  509 words

  • ECONOMY WATCH
    • 673 13 Reuters Currency slips to 7-month low, stoking inflation which is at 17-year high [SYDNEY] A runaway slide in the Australian dollar to seven-month lows risks stoking already high inflation and will give the central bank less room to cut rates aggressively as
      Reuters  -  673 words
    • 292 13 Reuters [WASHINGTON] US oil demand during the first half of 2008 fell by an average 800,000 barrels per day (bpd) compared with the same period a year ago, the biggest volume decline in 26 years, the Energy Information Administration said on Tuesday. In
      – Reuters  -  292 words
    • 472 13 Reuters Officials deny consultations aimed at pressuring China [WASHINGTON] The International Monetary Fund (IMF) said on Tuesday it will enter into talks with countries whose exchange rates do not reflect economic fundamentals and cause problems for other nations in an effort
      Reuters  -  472 words
    • 460 13 Inflation rages from 4% to 27% AFP [PARIS] Inflation is rampant around the world, in both rich and emerging countries, as increased prices for raw materials burn a hole in consumers' pockets. From the United States, through Europe and Asia, governments and central banks are scratching their heads for ways
      AFP; BLOOMBERG  -  460 words
    • 411 13 Reuters A tricky situation for officials as costs rise, economy slows [CHARLOTTE, North Carolina] Inflation remains a big concern despite some relief from the recent rapid fall in energy prices, top Federal Reserve officials said on Tuesday. Jeffrey Lacker, of the
      – Reuters  -  411 words
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    • 2275 13 I I FYirHM THE LEXICON GROUP LIMITED I |^CJ^IWWIII| (Registration No. *****7135Z) NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of The Lexicon Group Limited will be held at 371 Beach Road #03-18 Keypoint Singapore *****7 on Friday, 29 August 2008 at 3.00 p.m., for the following purposes: AS
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  • MALAYSIA/INDONESIA
    • 565 14  -  PAULINE NG Analysts divided on whether the price cycle has run its course By in Kuala Lumpur THE crude palm oil (CPO) price has plunged more than 40 per cent from its peak in the first quarter of this year, posing
      BLOOMBERG  -  565 words
    • 238 14 Bloomberg [JAKARTA] Indonesia needs to raise interest rates further to cool inflation, even as slowing global growth poses risks to South-east Asia's largest economy, the International Monetary Fund (IMF) said. "Further monetary-poli-cy tightening will be needed to put inflation back on a firmly
      – Bloomberg  -  238 words
    • 363 14 Reuters [JAKARTA] In a bid to shame Indonesia's legions of corrupt politicians, officials, bankers and businessmen, the country's anti-graft agency has come up with a novel solution: a special uniform for the bribers and the bribed. Few details of this proposed
      – Reuters  -  363 words
    • 2232 14 mg13 RM 4-/-Cooo) ASM Realty 0.46 \bric Bhd 0.15 advance Synergy 0.09 Adventa Bhd 0.93 Ae Multi Hldgs 0.20 Win Holdings 1.86 Ahmad Zaki Resou 0.71 AicCorp 0.51 \irasia Bhd 1.14 Akn Technology 0.41 alliance Financi 2.76 aluminium Co 1.06 Amalgamated Ind 0.49 Ammb Hldgs Bhd 3.14 Amtel
      2,232 words
    • 243 14 I Bloomberg [SINGAPORE] Malaysia sold RM3.5 billion (551.48 billion) of five-year Islamic bonds at the highest yield in more than two years as investor demand waned. The government issued the notes due February 2014 at an average yield of 4.273 per
      I Bloomberg  -  243 words
  • Page 14 Advertisements
    • 1327 14 Freight Links Express Holdings Limited Company Registration No. *****0061G Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of Freight Links Express Holdings Limited will be held at 51 Penjuru Road #04-00, Freight Links Express Logisticentre, Singapore *****3, on Friday 29 August 2008 at 9:30
      1,327 words

  • GREATER CHINA
    • 330 15 Bloomberg It must prepare for sudden fall in external demand, says think tank [BEIJING] China should prepare emergency plans to bolster its economy in case of a sudden deterioration in external demand and an abrupt slump in growth, according to a government think
      Bloomberg  -  330 words
    • 283 15 Reuters [HONG KONG] Hong Kong said yesterday that it aims to resolve tax issues relating to the issue of Islamic bonds within two to three months, potentially paving the way for the first issue in the territory as soon as October. The
      – Reuters  -  283 words
    • 232 15 Reuters [BEIJING] Beijing Olympics sponsors, who have invested heavily to promote their brands at the Games, have complained that too few fans are passing through the areas where they have set up shop. Many sports venues are scattered across the vast Olympic
      – Reuters; AP  -  232 words
    • 8533 15 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 2.018/ AIGIF Spore Bond Fund/ A 1.346/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.91/ APS Alpha Fund (USD) 0.64/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.981/ APS Komaba
      8,533 words

  • INDIA
    • 210 16 Reuters [NEW DELHI] Interest rates in India have almost peaked, the chairman of State Bank of India, the country's top lender, said yesterday, a day after it raised its prime lending rate by one percentage point. The Reserve Bank of India (RBI), the
      – Reuters  -  210 words
    • 541 16 Reuters The 7.7% expected growth is below 8% forecast by the central bank in July [NEW DELHI] India's economy is expected to grow 7.7 per cent in the year to March-end, cooling from the year before and below a recent forecast from the
      – Reuters; AFP  -  541 words
  • Page 16 Advertisements
    • 3393 16 f Tu,:rJ^J». EKI!^ EA(i F»» 5 o IN THE MATTER OF THE THE COMPANIES ACT, CAP. 50 COMPANIES ACT, CAP. 50 A IPCD ACE ACHIEVE INFOCOM LIMITED ,ntheA^t,erof in the Matter of r Registration No. ***** GLAXO WELLCOME SINGAPORE NEWTONIAN CAPITAL (Incorporated in Bermuda) u-u-EHHB,,,,._»_, SINGAPORE PRIVATE LIMITED (IN MEMBERS
      3,393 words

  • ASIA-PACIFIC/WORLD
    • 328 17 Bloomberg [NEW YORK] Banks' losses from the US sub-prime crisis and the ensuing credit crunch crossed the US$5OO-billion mark as writedowns spread to more asset types. The writedowns and credit losses at more than 100 of the world's biggest banks and securities firms
      Bloomberg  -  328 words
    • 684 17 Reuters But smaller European insurers report sluggish profits on slowdown [AMSTERDAM/ZURICH] European financial groups ING and Zurich Financial Services reported quarterly profits that met or exceeded expectations, helped by strong insurance businesses and limited investment write-downs. But smaller insurers in Europe, more vulnerable to credit
      – Reuters  -  684 words
    • Article, Illustration
      100 17 AFP JAPANESE actress Yoshino Kuroiwa (right) at a rehearsal of "Five Days in March" by Toshiki Okada from the Japanese company Chelfitsch on Tuesday. The play at the Salzburg Festival 2008 is part of The Young Directors Project. Initiated by Jurgen Flimm, it is an exciting competition for
      AFP  -  100 words
    • 436 17 AP Software-writing revolution will broaden services [HONG KONG] Microsoft Corp chairman Bill Gates said on Tuesday that the dramatic growth of the Internet would eventually help eliminate "the last constraints we have" and spark a software-writing revolution. Mr Gates, speaking
      AP  -  436 words
    • 194 17 Reuters [LONDON] Britain's Financial Services Authority (FSA) has fined the UK arm of Credit Suisse £5.6 million (Ssls million) over the pricing of asset-backed securities held within its investment banking division. Credit Suisse announced on Feb 19, just days after posting full-year
      – Reuters  -  194 words
    • 246 17 [SEOUL] North Korea's austere capital Pyongyang was set to play host to scores of Western celebrities and millionaires taking part in an international motor rally. The Gumball 3000 Rally for wealthy car lovers, which kicked off last Saturday in San Francisco, has scheduled
      -AFP  -  246 words
    • 209 17 Reuters [BEIJING] A consortium led by Goldman Sachs Group Inc has agreed to pay about US$l.5 billion for a number of ABN Amro's private equity assets, The Wall Street Journal said yesterday. On Monday, Belgian-Dutch financial services group Fortis said that together
      ■ Reuters  -  209 words

  • ASIA-PACIFIC/WORLD
    • 409 18 Reuters Pound falls by two cents against the US$, interest rate futures jump 20 pts [LONDON] The Bank of England (BOE) yesterday raised expectations of an interest rate cut possibly before the year-end as it forecast inflation falling below target in
      – Reuters; BLOOMBERG  -  409 words
    • 612 18 Bloomberg [BEIJING] General Motors Corp (GM), the world's largest car maker, said it will invest US$445 million for a new diesel-engine factory in Thailand and to upgrade vehicle assembly facilities as it seeks to boost growth in Asia. GM will set up a
      Bloomberg  -  612 words
    • 476 18 Reuters [BANGKOK] Thailand has begun the lengthy process of trying to extradite former prime minister Thaksin Shinawatra, who skipped bail this week and went into exile in London, a state prosecutor said yesterday. History suggests that it will be many years, if
      ■ Reuters  -  476 words
    • 530 18 Bloomberg World's easiest and cheapest market now, some say [NEW YORK] Corporate borrowers are turning to Japan for cash that is becoming increasingly hard to get anywhere else in the world. Debt sales in Japan by overseas issuers from Bentonville, Arkansas-based Wal-Mart Stores
      Bloomberg  -  530 words
    • 445 18 Reuters LATEST US DATA [WASHINGTON] US retail sales edged down 0.1 per cent in July on another big drop at auto dealers, according to a Commerce Department report yesterday that indicated consumers were straining to keep spending up amid rising
      – Reuters  -  445 words
  • Page 18 Advertisements
    • 379 18 £W£y Ml' v Ti J i^Tji j jafft i^EUHBM T i -ivti jfti Au^ J0 *fl VISH IB■'l4.'-i■ *j4M Lvi li'FHii'Jil 'J'^lH BT Tl— ft^fcw. id aHß^^^ 19 Aug 2008 The St. Regis Singapore www.tpgi.org/liquidity2ooB ASIA'S MOST HIGH-PROFILE BUSINESS FORUM FOR FINANCIAL PROFESSIONALS! The most renowned event of the year
      379 words

  • AVIATION
    • 325 19  -  YEN SREENIVASAN Bid is for upgrading St Petersburg airport and building new terminal, hotel By [SINGAPORE] Changi Airports International (CAI) and Russian partner Basic Element have been shortlisted to modernise and operate the main airport of the Russian city of St Petersburg. The
      325 words
    • 198 19 [SYDNEY] An investigation of Qantas Airways will be expanded after the company announced that it temporarily pulled six aircraft from service because of irregularities in maintenance records, Australia's airline safety body said yesterday. Three flights were cancelled on Tuesday night after Qantas pulled the
      -AP  -  198 words
    • 215 19  -  NISHA RAMCHANDANI It also clinches Skytrax's best business class award By [SINGAPORE] Singapore Airlines (SIA) has won the world's best airline and best business class categories in the 2008 Skytrax World Airline Awards. It is the third time in 10 years that SIA has been
      215 words
    • 314 19 Reuters [BRUSSELS] Flights in and out of Brussels airport will be severely disrupted for at least several more days after negotiators failed on Tuesday to end a strike by baggage handlers, the airport operator said. "Until a solution is found, industrial action continues. Even if all
      Reuters; AP  -  314 words
    • 235 19 Bloomberg [ATLANTA] Pilots at Delta Air Lines Inc and Northwest Airlines Corp, who ratified a new contract for the carriers' merger later this year, will go to arbitration to craft a combined union seniority list. Tuesday was the deadline for the pilots to negotiate
      ■ Bloomberg  -  235 words
    • 238 19 Bloomberg [DALLAS] American Airlines, cutting jobs to stem losses from record fuel bills, rejected a union proposal to reduce possible pilot furloughs by trimming the number of hours they can fly each month, saying that it would boost costs. Talks continue with
      – Bloomberg  -  238 words
    • 2482 19 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,482 words
  • Page 19 Miscellaneous
    • 235 19 CRYPTIC CROSSWORD ACROSS 13 Brewer? (3-5) hh H^ HH HH (4) l^^l I^^H led dog (4,2) 23 Way round town (4-4) 24 Ranks as a new state (8) 7 Travelling at the front YESTERDAY'S SOLUTION 25 Drop it in a wink (6) (2 ,3,3) Across: Basketba L 6 OpuSi 10
      235 words

  • SHIPPING
    • 381 20  -  VINCENT WEE Scheduled for delivery in H2 2012, the rig can drill in 8,500 ft of water By [SINGAPORE] Keppel Corp unit Keppel Fels has picked up another deepwater semi-submersible order, announcing yesterday a US$56O million contract to build the seventh Ensco
      381 words
    • 500 20 Bloomberg [DUSSELDORF] TUI AG, the German tourism company preparing to sell its Hapag-Lloyd shipping line, may report a second-quar-ter loss this week on costs to overhaul its travel unit and lease aircraft. The net loss of 73.9 million euros (Ssl 54.6
      Bloomberg; BLOOMBERG  -  500 words
    • 127 20 Reuters [SINGAPORE] Singapore port operator PSA International said yesterday that its Singapore terminals moved 11.6 per cent more containers in the first seven months of 2008 compared to a year ago. The firm, which runs ports in Singapore and abroad, said in
      Reuters  -  127 words
    • 268 20 Bloomberg [LONDON] Nobu Su, a shipping investor who predicted oil-tanker rates would double six months ago, said he expects rental costs to advance threefold by the first quarter of next year as energy prices gain on political instability. With a fleet of 20
      Bloomberg  -  268 words
    • 597 20 -AP [ANCHORAGE, Alaska] The US Supreme Court on Tuesday declined to decide whether Exxon Mobil Corp must pay interest on punitive damages awarded in America's worst oil spill. In a brief order, the court said the 9th US Circuit Court
      -AP; AFP FILE PHOTO  -  597 words
    • 253 20 Bloomberg [BEIJING] China Shipping Development Co, the nation's biggest oil carrier, said first-half profit gained 44 per cent from a year ago as demand for vessels to transport fuels and metals rose in the world's fastest-growing major economy. Net income climbed
      ■ Bloomberg  -  253 words
  • Page 20 Advertisements
    • 56 20 ERP gantry locations and prices Live traffic news Building name and block numbers Shortest and quickest routes Shopping Centres ™"™w Building name pflC/^ i "S^^g.. |_andblotknumberj«_, JL t asal... -fc-i*- =tT Plan your next journey with Rednano. Get the most updated and accurate geographical information in the Lion City. Whatever
      56 words
    • 25 20 Itt^GJft. I Lianhe Zaobao I I NEA chairman I on why rising I I raw material I I Prices lan entirely^. I -m- i- ifjr*7*^^^
      25 words

  • BizIT
    • 918 21 They're more aware of need for defence-in-depth approach, Symantec official tells AMIT ROY CHOUDHURY SINGAPORE businesses are focused on leveraging information technology (IT) as a business enabler and for this they are looking to deploy data back-up and disaster recovery
      918 words
    • 346 21  -  WINSTON CHAI Byl INSTEAD of tearing out paper coupons and flashing credit cards, consumers may soon be able to enjoy special discounts and pay for meals by simply whipping out their cell phones. This is because Sing Tel is kickstarting its second mobile payment
      346 words
    • 200 21 [TOKYO] Sony Corp plans to sell ultra-thin televisions based on organic lightemitting diode (OLED) technology as early as in 2009 in Europe, the world's largest flat TV market, the Nikkei business daily said yesterday. OLED TVs, which are thinner and more
      200 words
    • 253 21  -  < WINSTON CHAI By STARHUB will launch a new service next month to allow inbound travellers to access their domestic mobile services as well as the company's prepaid cellular offering through the same handset. Called EZ Travel SIM, the new service
      253 words
    • 338 21 Bloomberg [NEW YORK] Dell Inc, the second-largest personalcomputer maker, introduced business laptops that can run for as long as 19 hours on a single charge. Dell's Latitude E6400, which comes with a 14.1--inch screen, has a life of eight hours and can
      – Bloomberg  -  338 words
  • Page 21 Advertisements
    • 262 21 ON THE GO Star Hub rolls out new pre-paid SIM service. ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is
      262 words

  • EDITORIAL & OPINION
    • 479 22 THE stronger Singapore dollar may be helping to keep high inflation at bay but it is also hurting the earnings of Singapore companies. The movements in the Sing dollar affect the competitiveness of local goods and services abroad as well as profits when foreign
      479 words
    • 1249 22  -  NEETA LAL Merely pushing through bills stalled in ministries will send positive signals to investors By I ITHIN hours of snagging the trust vote in the Parliament on July 22 and shaking the Left off its back-In-dia's Congress-led UPA government is seemingly keen to push forth
      AP  -  1,249 words
    • 857 22  -  ANTHONY ROWLEY THE BOTTOM LINE A SUDDEN drop in the prices of oil and food grains has brought about a feeling if not exactly of euphoria then certainly of relief in financial markets. The energy crisis is receding, food prices are declining from record
      857 words
    • 1234 23  -  LEON HADAR That's the neocon agenda in the Russia-Georgia conflict; thankfully, Washington didn't fall into Saakashvili's trap NEO-CONSERVA-TIVES have been on overdrive this month. They are reworking their World War II analogies and applying them to current global politics. Thus the 2008 Beijing Olympiad
      AP  -  1,234 words
    • 681 23  - Size matters but Citi may be too big to succeed ROB COX By NAME nearly any scandal, incompetence or burp suffered by the financial industry over the past decade or so and the chances are that Citigroup will have been at its forefront. That's been a big bummer for shareholders
      REUTERS  -  681 words


  • SINGAPORE STOCKS
    • 8681 24 Transaction date: Aug 13 !-wks Tel Low Code Last Sale Vol ('000) Hi 1 lay L Low Bu] _ast Quote yer Seller Div C'vr Net P/E I Cap $mil Hi; Comi >anj 5716 1st Software 16 5.5 3148 STelecom 21.5 7 5834 A-Sonic 110 100 6389 ABF SG
      8,681 words
    • 70 24 52-Wk Tel High Low Code Last Sale Vol fooo) Day Ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hi. 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 ISMSCI Spore 6101 ISS&P5OO 6170 SPDRS 398.3 283 6009 STI ETF
      70 words
    • 1775 24 52-Wk Tel High Low Code Last Sale Vol C000] Day Last Quote Div GrYld Net MCap Low Buyer Seller Cvr P/E Smil Comi Hii 20 11.5 1181 s AAGrp 31 15 5000 s ABRHIdgs 32 18 8538 s APStrategic 10 2 1501 s Advanced System 38 19 3518
      1,775 words
    • 212 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      212 words
  • Page 24 Advertisements
    • 60 24 m -n I!fi32i!Sllil I THE EDWARD PIGUET WATCH iUDEMARS PIGUET |BBM VH THE BIRTH 0F A GREAT DATE Le maitre de I'horlogerie depuis 1875 I lf|jk| X THE WATCH OF YOUR LIFE V«j^s M VHill Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED Wk^ 341 River Valley Road #01-01
      60 words

  • FINANCE & COMMODITIES
    • 371 25 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Aucj 12 World Index Preliminary 970.8 -0.3 -14.2 -0.6 -16.1 -0.5 -14.: EAFE Preliminai 919.1 -0.2 -18.0 -0.8 -19.4 -0.8 -17.1 Euroi Prelim inan 1257.7
      371 words
    • 62 25 Aug 13 KLCE PALM FUTURES (RIV Delivery Opening Month Range M/MT) Sett Av Price Price Hi Vol Open Done Position Low Aug 08 Sep 08 2608 Oct 08 2600 Nov 08 2583 Total o/p: ***** contracts 2553 2551 2641 2510 2548 2646 2513 2550 2643 2515 Turnover: *****
      62 words
    • 22 25 Aug 13 STI IIMSCI Aug 340 344.6 343.6 'aiwan Aug 279 282.8 281.3 Source: MF Global (S) He. Ltd
      22 words
    • 23 25 Aug 13 s$ Bid Offer 1-month 1.4022 1.4035 2-months 1.4003 1.4016 3-months 1.3981 1.3995 6 months 1.3929 1.3945 Source: OCBC
      23 words
    • 155 25 Aug 13 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2221 1.2237 0.8703 0.8708 Canadian dollar 1.3186 1.3202 0.9391 0.9394 Euro 2.0955 2.0974 1.4923 1.4925 NZ dollar 0.9762 0.9775 0.6952 0.6956 jterlim 2.6666 2.6692 1.8990 1.8994 US
      155 words
    • 319 25 Aug 13 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep08 Dec08 Mar09 Jun09 97.1700 97.0250 96.9850 96.8300 ***** ***** 8330 4765 EUROYEN TIBOR FUTURES Sep08 99.170 99.170 Dec08 99.205 99.210 Mar09 99.220 99.230 Jun09 99.185 99.200 Sep09 99.150 99.150 Dec09 99.080 99.080 Mar10 Jun10 99.165 99.205
      319 words
    • 295 25 Aug 13 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Sep 08 Oct 08 Nov 08 Dec 08 Jan/Mar 09 Apr/Jun 09 411.50 406.00 402.50 401.00 399.25 400.75 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open
      295 words
    • 124 25 As at 9am Aug 13 if foreign currency: Currencies Bid Offer lust dollar 1.2130 1.2280 .an dollar 1.3100 1.3250 luro 2.0840 2.1070 IZ dollar 0.9630 0.9840 iterlini ind 2.6520 2.6810 IS dollar 1.3970 1.4140 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer .hi
      124 words
    • 176 25 Aug 13 $S_ Offer Bid Overnight 1-month 2-months 3-months Overnight mode: 3/4 USS 9/16 15/16 1 1/16 1 1/8 Offer 7/16 13/16 15/16 1 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.40 2.61 2.83 3.00 3.20 3.30 3.40 Offer
      176 words
    • 449 25 Aug 13 Iuro ren ton 'eso Earn 'ouni Australia 0.927 5.971 0.583 6.797 37.151 79.847 0.947 9.048 2.886 1.252 65.465 38.922 1.223 6.791 0.946 27.110 29.316 0.458 0.871 Canada 1.079 6.442 0.629 7.334 40.082 86.146 1.022 9.761 3.114 1.351 70.630 41.993 1.319 7.326 1.020 29.249 31.629 0.495
      449 words
    • 158 25 Aug 13 GOLD (USS/oz) Aui 12 Au( 13 GOLD BULLION COINS Hong Kong London 806.00 819.70 807.00 820.70 Aug 12 Aug 11 814.50 853.10 815.50 854.10 Source: Reuters (SS) Selling Buying 1 oz 1294.7 1162 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $453.68 372 SILVER Selling Buying
      158 words
    • 76 25 Aug 13 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** syrs 2.***** 7yrs 3.***** 10yrs 3.***** 12yrs 3.***** 15yrs 3.***** Source: Reuters (USS) (S$) 2.***** 0.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.*****
      76 words
    • 89 25 Aug 13 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****Z 13.11.08 1-Year BY*****N 04.05.09 0.64 0.90 0.6 0.5 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 4.000 15-Year
      89 words
    • 69 25 Aug 12 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2718.00 2779.00 3 months 2772.00 2833.00 Copper, Grade A (US$/tonne) Cash 3 months 7188.00 7150.00 7432.00 7330.00 Lead (US$/tonne) Cash 1745.50 3 months 1740.00 1932.00 1925.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 78 25 Aug 12 COCOA (Btonne) Close Prev Hii ih/Low Sep 08 1473 1461 1483/1461 Dec 08 1480 1466 1490/1467 Mar 09 1476 1465 1486/1467 May 09 1480 1469 1485/1472 COFFEE (US$/tonne) Close Pev High/Low Sep 08 2274 2319 2340/2261 Nov 08 2290 2309 2332/2262 Jan 09 2268 2276 2297/2240 SUGAR
      78 words
    • 102 25 Aug 12 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 08 1220.00 1215.00 1230.00 1210.00 Sep 08 1207.50 1189.00 1213.00 1189.00 Nov 08 1214.00 1196.00 1223.00 1193.00 Jan 09 1231.50 1213.50 1235.00 1214.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 08 49.83 50.41 50.75 49.80
      102 words
    • 77 25 CRUDE OIL PRODUCTS Aug 12 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 112.06 -1.59 WTI (Near Mth) 113.33 -1.26 Dubai (1-Mth F) 110.03 -3.42 Tapis blend 121.45 -3 Minas 114.65 -3.2 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 106.10 134.25 -2.95 -3.9 USS/barrel Opec Oil
      77 words
    • 960 25 BONDS WARRANTS rei lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left 1267 Biosensors DB ECW*****5 4.5 -1.5 10 1 70 1 1014 Capitaland BNP ECW*****8 12.5 0.5 373 0.1 493 17 Capitaland MBL ECW*****4... 14 1.5 6990 0.3 520 3 Capitaland MBL
      960 words
  • Page 25 Advertisements

  • Page 26 Advertisements
    • 3201 26 m THE BUSINESS TIMES Shipping Times 4k MV^^ Bl^B^fflTßTffiyff^ffffißßßß WAN HAI INTERNATIONAL PTE LTD (RN0N*****0000/R m K%M MMmm*iWM»mmimmSm,mm l%rTT^\ ■■■>&■ ■■>■ mup* te*****1588 o 4 lines) fax:6224H63 ML^l m> Mwfi O UMiOMA. VNM > WAN HAI INFX Cu,lo,n« S«vi<e Bookings Oire.l Une (1800) *****200 B^^^ A A m* 11 11
      3,201 words

  • Page 27 Advertisements
    • 3387 27 frXITI AUSTRAL ASIA LINE ™\>^ V m m <M m ,m WSM I (Sfo f& fift £Q£k/» ASIA AUSTRALIA SERVICE J"-/'/i».i l.'»/.ii»-i Hi Bi-dMI fi../-./ BHI 4—*" BSSZ^^^^^H3l^^^^Ei:^^^ra^^^^l^^^H3l^^^B3^^^E3!^^ WEEKLY EXPRESS SAILING SCHEDULE MPE conway 10A8 IVOB 20/08 is/o? wpj 2g/09 02/10 HWfff!! tnSWin!l7l&37Klf!niliri'MTl'l?lfTS¥lMrn!BMn!nit I [APi MORiTON l IAB 18/09 27/09
      3,387 words

  • Page 28 Advertisements
    • 4009 28 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
      4,009 words

  • PROPERTY
    • 566 29 NYT Time-consuming process, so builders shy away from it in a go-go market [NEW YORK] Property developers generally earn their money by putting up new buildings, but when the real estate market cools, making it difficult to obtain financing, they often look for
      NYT; AFP  -  566 words
    • 229 29 Bloomberg [NEW YORK] Commercial real estate broker Colliers ABR is combining with three affiliates to expand its services as rivals grow through acquisitions. Formerly independent Colliers offices in Washington, Baltimore and St Louis will join forces with the New York firm,
      Bloomberg  -  229 words
    • 449 30 Reuters Property firm cites difficulty in raising finance due to global credit crunch [TOKYO] Japanese property developer Urban Corp yesterday failed with debt of 255.8 billion yen (553.3 billion), caught by the global credit crunch in the biggest collapse by a listed
      – Reuters; AFP  -  449 words
    • 540 31  -  KALPANA RASHIWALA Aussie firm will take up 150,000 sq ft at Marina Bay Financial Centre's Tower 2 By [SINGAPORE] Mining and resources giant BHP Billiton of Australia is leasing about 150,000 sq ft at Marina Bay Financial Centre, BT understands. The space
      540 words
    • 575 31 Reuters Package of four commercial buildings may go for US$l b [SHANGHAI] Global buyout funds and property investors including Blackstone Group are vying to buy up to four commercial buildings in Shanghai for as much as US$l billion, three sources with direct knowledge of the
      – Reuters  -  575 words
    • 457 31 Bloomberg [LONDON] Intercontinental Hotels Group Pic, owner of the Holiday Inn lodging brand, reported second-quarter profit that beat analysts' estimates as demand in Europe and the Middle East helped to counter a slowdown in the US. Intercontinental rose 3 per cent in London trading after
      – Bloomberg  -  457 words
  • Page 29 Advertisements
    • 126 29 H^ 'Hurry! I DISCOVER P^Get Yours Now!" Yftl IbSS PI M LyliX/J I (INENGUSH) JL With just a birth date, 1900-914-0002 a RFYONnxHFrAMFBA Calls at $0.214 cents/mm ,IIM a BEYOND THE CAMERA VHMM «^A What kind of gear do you (NIC US Ye OT GST) |V need for bird photography?
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    • 105 29 bungalows for World Class Interior Designer Decor, 7300/ 6750 sqftTOP Sept'oB Full Ocean View resort home. Designer interior 7900/ 7000 sqft. Move in. 1 and Only in Sentosa. Unique corner with pte berth and full seaview. *****/ 9000 sqft Harith Lim 9738 6320 Newsman Realty Pte Ltd FOR SALE FACTORY
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    • 235 29 Prime Strategic Commercial Redevelopment Site I Goldhill Centre Collective Sale Site Area: 6519.1 sq.m/70,176 sq. ft (approx) Suitable for landmark development with large double frontage along Thomson Road and Newton Road Located in Novena Commercial Fringe Centre Tender Closing Date: 19 Aug 08 (Tuesday), 3 p.m. f^w^i g^£ Jfefc^T M
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  • Page 30 Advertisements
    • 1539 30 Office For Sub-Lease f-Fr~M l^V- •72 Anson Road IIW < 2-390 sf- 3>821 sf i^. 2 Ike US Security-enabled access rrri -^2, r-r-t—m iltll Bare /fitted .Raised floor 3.5tn ceiling height I A\ Season parking Jf W-55 smins walk to MRT Near ECP CTE exits I m Near hotels, amenities
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  • Page 31 Advertisements
    • 129 31 Suntec Tower 2 Approx. 2,4005f/3,8005f/4,7005f/6,2005f/12,0005f Vacant possession/lease expiring soon Mid/High floors with spectacular city/sea view The Central Connected/New Age office Approx. 872sf/9265f/1,6685f/2,5405f High floor Located above Clarke Quay MRT station Malacca Centre Approx. 1,8305f High floor Near Raffles Place MRT station Tong Building Approx. 7,oousf Tenure Freehold Located near Orchard
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    • 135 31 For Sale By Tender Large Bungalow Site At Mountbatten Road ~Z^^\ Lancl area: aPPr°x' 31,820 sqft ■Trfc^^^ *Tenure: Freehold ~^^f^^Zr^^^<^^ Y*\ Rare 2-storey conservation I I bungalow with possible new jfj extensions M Y\ Potential for subdivision of land p Prominent frontage and regularJ [____J I shaped plot -i I
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    • 295 31 Rental Rates :$7.50/$lO/sl3psf UN Sizes: 635/883/926/1260/2000sft above j Unique features: 5 Storeys of retail, F&B, Foodcourt, best Japanese restaurants B*^'' Above Clarke Quay MRT, major bus stop iT/P) yJ Walk to Raffles Place and Marina Bay J&^ 5^ Financial Centre yisu Various view: Spore Flyer/Spore fi/tSv* River/Fort Canning C j|
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  • PRIME OF HEALTH
    • 1142 32 CLARISSA TAN uncovers some of the misconceptions about dental care and learns why a visit to the dentist can be a pleasant experience V E all know that sinking or rather, drilling feeling when it comes to visiting the dentist. It's a feeling
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  • Page 32 Advertisements
    • 172 32 NOVENA Medical Center cas^i^ts A wide: W^s f SZLECnOM OF SERVICES. W 7' d 'c l/c. S$ I*l /'«P JL Quality Healthcare. Modern Facilities. Convenient Location. Comprehensive Medical Care. ""^.:''<#■■'•■ r^W* I(i Designed to provide the best healthcare experience in the region, Novena Medical Center centre, medical suites with seamless
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    • 15 32 This is the ninth of a 12-part series brought to you by NOVENA Medical Center
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