The Business Times, 15 August 2008

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL29448
Total Pages: 34
1 34 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    24 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg a Singapore press holdings publication co regn no *****2868E mica (p) 122/12/2007 Friday, August 15,2008
    24 words
  • Article
    Lock icon Most firms in the black, but it's paler now
    813 1  -  EMILYN YAP Many saw profits dip in HI; outlook not bright By [SINGAPORE] Singa-pore-listed companies had mixed financial fortunes in the first half of the year, and market watchers warn of tougher economic conditions ahead which could shave earnings for some
    813 words
  • Article
    Lock icon Focus on Sing $ with inflation in the air
    530 1  - Focus on Sing with inflation in the air ANNA TEO Some IMF directors want it stronger but others favour current policy mix [SINGAPORE] Tackling inflation should remain a policy priority for Singapore, says the International Monetary Fund (IMF). But given the growth risks, it would be prudent to assess the
    530 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      54 1 THE ARTS I BEIJING &CiL /^Tf BE INSPIRED The making 2008 Zap for daily inspiration. of 8Q sam R^Jf Yan£Wei does win a Ze^na ort Jacket' HHJ PAGE 30 I'^B* PAGE 20 "^X PAGE 3 I M M > The Indian economy grows at night, when the government is asleep.
      54 words
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      13 1 W ■l^^^l^^ v New F r cocktails I EXEC LIFESTYLE BACK PAGE 9
      13 words
Page thumbnail Page 2
  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Whistle-blower halts CFO appointment at Innovalues
        75 2 FOR a company that makes precision components, Innovalues does not seem to have an eye for detail when it comes to its own employees. It took a whistle blower to spare the firm the embarrassment of making an undischarged bankrupt its group chief financial
        75 words
      • Article
        Lock icon S-shares hit by margins erosion in Q2
        50 2 THE latest earnings reporting season has revealed several casualties in the S-share universe. As many as 80 per cent of Singapore-listed Chinese companies saw margin erosion in the second quarter ended June 30, in the heat of inflationary pressures. COMPANY NEWS, PAGE 7
        50 words
      • Article
        Lock icon Cerebos Q3 net falls 20% to $15.7m
        41 2 FOREX losses and investment spending dragged down Pacific's third-quarter profit 20 per cent to $15.7 million, despite a 4 per cent rise in turnover to $191.8 million from $183.7 million. COMPANY NEWS, PAGE 8
        41 words
      • Article
        Lock icon New education imperatives in S'pore: Eng Hen
        69 2 SINGAPORE'S education system should move beyond academic achievements to emphasise more on imparting values, said Education Minister Ng Eng Hen yesterday. He added: "This has to keep in step as Singapore moves to a higher plane of actualisation. We must respond to a
        69 words
      • Article
        Lock icon Spicing up S'pore with US$200m war chest
        39 2 INDIA-BASED business group Spice Corp, with interests in the ICT (infocomm technology) sector, is coming to Singapore in a big way armed with a US$2OO million war chest. SINGAPORE NEWS, PAGE 13
        39 words
      • Article
        Lock icon Europe's economy shrinks 0.2% in Q2
        69 2 EUROPE'S economy contracted in the second quarter for the first time since the launch of the euro almost a decade ago. Gross domestic product fell 0.2 per cent from the first quarter, when it rose 0.7 per cent, the European Union statistics office said
        69 words
      • Article
        Lock icon M'sian independent power producers pay windfall tax
        55 2 MALAYSIA'S independent power producers (IPPs) have begun paying a windfall tax after the federal government refused to modify it. Genting Sanyen, for example, made out a RM5.74 million (552.4 million) cheque to the government yesterday, implying a total annual bill in excess of
        55 words
      • Article
        Lock icon China thaw may see Taiwan firms return home
        61 2 TAIWAN companies listed overseas, such as Nokia phone maker Foxconn International, may look to return home as better relations with China boost investor interest in the local stock market. More than a dozen Taiwan firms listed in Hong Kong or Singapore are
        61 words
      • Article
        Lock icon Oil falls despite tightening inventories
        63 2 OIL prices reversed course yesterday, falling after first moving upward over concerns sparked by tighter US petrol supplies. Light, sweet crude for September delivery was down by 82 US cents a barrel to fetch US$ll5.lB in electronic trading on the New York Mercantile Exchange. The
        63 words
    • Article, Illustration
      Lock icon One man's panic is another's bargain ...
      862 2  - One man's panic is another's bargain KALPANA RASHIWALA CDL chief points to some good buys as panic-sellers offload, but he's not alarmed [SINGAPORE] City Developments Ltd (CDL) executive chairman Kwek Leng Beng yesterday acknowledged that there have been some cases of high-end property buyers resorting to pan-ic-selling in the secondary
      862 words
    • Article
      Lock icon July prices up at twice forecast rate
      353 2 Reuters LATEST US DATA YOY inflation hits 17-yr highof 5.6%; energy costs soar [WASHINGTON] US consumer prices climbed at twice the rate expected in July and job prospects kept softening last week, according to Labor Department reports yesterday that pointed to swelling economic
      – Reuters  -  353 words
    • Article
      Lock icon Whistle-blower halts CFO appointment at Innovalues
      315 3  -  VINCENT WEE An undischarged bankrupt nearly becomes Spore CFO of components firm By [SINGAPORE] For a company that makes precision components, Innovalues does not seem to have an eye for detail when it comes to its own employees. It took a whistle blower to
      315 words
    • MARKETS DIGEST
      • Article
        Lock icon PRIME RATES
        28 3 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONGKONG 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  -  28 words
      • Article
        Lock icon MARKETS
        43 3 1COMP 1,109.43 -3.10 IIKKEI225 12,956.80 -66.25 IANG SENG 21,392.71 +99.39 ;et index 705.60 +4.00 JAKARTA COM P 2,106.64 +43.12 IANILACOMP 2,727.28 +5.34 ;eoulcomp 1,572.19 +9.47 ;henzhen b 386.12 -0.82 IUMBAI IND 14,724.18 -368.94 NOON EDT Change )OW 11,644.18 +111.22 IAS DAI 2,450.82
        43 words
      • Article
        Lock icon FOREX
        40 3 IS$ (S$ per US$) 1.407 (US$/S$ per 1.870 2.632 :URO (US$/S$/E) 1.491 2.099 'EN 109.50 77.80 3.329 2.366 IK$ 7.811 5.551 !AHT 33.70 23.95 lUPIAH 9,183 6,526 lENMINBI 6.860 4.875 INDIAN RUPEE 42.78 30.40 1.140 0.810 IZ$ 1.421 1.010
        40 words
    • Article, Illustration
      Lock icon CPA Australia launches online good-practice guide here
      402 3  -  LYNETTE KHOO The Spore version will have local case studies and practices [SINGAPORE] To provide financial practitioners here with a platform of knowledge sharing and learning, akin to Wikipedia, CPA Australia yesterday launched the "Good Practice Guide" in Singapore. This guide hosts a
      402 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      16 2 1 B' ]m !D silt H 4Ujb fll a;, I I W.(~ WP?&^ 1 jfN^ RSI
      16 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      247 2 www.PayDay.com.sg Not quite for some business owners, accountants, administrators, payroll processing staff who are often stretched and stressed in ensuring the rest of us get our pay. Timely and accurately. If you are one of them, Payday!™ is for you. Don't sweat over payroll processing. Payday!™ is a comprehensive payroll
      247 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Lock icon Page 3 Advertisements Column 1
      60 3 A LANDMARK BUILDING AT CHINA STREET FOR LEASE Located at Far East Square 21,000 sq ft of purpose-built prime office /showroom space Steps away from Raffles MRT station and new MRT station at Cross Street Excellent street level showroom frontage, spread over two levels Sprawling 322-bay car-park conveniently connected iJ
      60 words
    • Advertisement
      Lock icon Page 3 Advertisements Column 2
      11 3 Win a Zegna Sport i-Pod Jacket worth $2,500! k ZegnaSport ZaDCod™e
      11 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article, Illustration
      Lock icon Weak £, absence of tax credits pull down CDL Q2 profit 15.1 %
      754 4  - Weak absence of tax credits pull down CDL Q2 profit 15.1 KALPANA RASHIWALA Group posts higher profit from property development, rental properties in Q2, H1 AMID a quieter property market, City Developments (CDL) yesterday posted a higher profit from property development and rental properties in second quarter and first half.
      FILE PHOTO  -  754 words
    • Article
      Lock icon A good second quarter for rig-building giants
      838 4  -  VINCENT WEE BASED on the numbers, the second-quarter results season ended on a high note for the three biggest locally listed players in the rig-building market. Keppel Offshore and Marine (KOM) parent Keppel Corp, Sembcorp Marine (Sembmarine) and Cosco Corp (Singapore) all reported
      838 words
    • Article
      Lock icon Sembcorp: potential versus delivery
      538 4  -  VINCENT WEE FOR many years, leading local conglomerates Keppel Corp and Sembcorp Industries have been seen mainly as offshore and marine plays. While the sector still makes up the bulk of their revenue, a key difference is emerging in where the remaining portion comes from which
      538 words
    • Article
      Lock icon Property firms report weak set of Q2 numbers
      454 4  -  UMA SHANKARI Most developers see their business hit in 3rd and 4th quarters HIT by fewer home sales, lower revaluation gains from investment properties, drops in divestment gains and even the stronger Singapore dollar property companies largely reported weak results for the
      454 words
    • Article, Illustration
      Lock icon Wilmar's Q2 earnings more than triple
      395 4 Bloomberg [SINGAPORE] Wilmar International Ltd, the world's biggest palm oil trader, said second-quarter profit more than tripled, helped by higher commodity prices and sales. Net income gained to U*****.7 million, or 5.07 US cents a share, from US$lOl.5 million, or 3.82 US cents, a
      ■ Bloomberg  -  395 words
    • Article
      Lock icon Noble doubles Q2 net profit to US$123m
      270 4 Bloomberg NOBLE Group Ltd, a Hong Kong-based supplier of raw materials from soybeans to energy, said yesterday that second-quarter profit more than doubled on increased demand and higher prices for grains, coal and iron ore. Net income climbed to U*****.5 million, or 3.64
      ■ Bloomberg  -  270 words
    • Article
      Lock icon S-shares hit by margins erosion in Q2
      534 7  -  LYNETTE KHOO Most shielded from earthquake, floods; some hit by export tax rebate cut By THE latest earnings reporting season has revealed several casualties in the S-share universe. As many as 80 per cent of Singa-pore-listed Chinese companies saw margin erosion in the
      534 words
    • Article
      Lock icon Straco posts 32% lower Q2 net on higher expenses
      261 7  -  YEN SREENIVASAN By HIGHER operating and administrative expenses due to a recent acquisition weighed down on the secondquarter results of tourist attraction operator Straco Corporation. The mainboard-listed company, which owns and runs the Shanghai Aquarium and a similar facility in Xiamen,
      261 words
    • Article, Illustration
      Lock icon Cerebos Q3 net falls 20% to $15.7m
      319 8  -  YEN SREENIVASAN Profit hit by forex losses, investment spending despite higher turnover By FOREX losses and investment spending dragged down Cerebos Pacific's third-quarter profit 20 per cent to $15.7 million, despite a 4 per cent rise in turnover to $191.8 million from $183.7
      319 words
    • Article, Illustration
      Lock icon KS Energy posts 130% revenue boost in Q2
      344 8  -  MELISSA YEO By ENERGY services companies are reaping the benefits of strong demand from the region's oil and gas, petrochemical and marine industries. The KS Energy group, comprising KS Energy Services, SSH Corporation and Aqua-Terra Supply Co, yesterday announced strong earnings for
      ARTHUR LEE  -  344 words
    • COMPANY BRIEFS
      • Article
        Lock icon HPL's Q2 net profit soars 64.3%
        103 8 HOTEL Properties said yesterday that net profit for the three months ended June 30, 2008 rose 64.3 per cent as the group's hotels and resorts fared better. Net profit rose to $15.5 million for the second quarter, up from from $9.4 million in Q2
        103 words
      • Article
        Lock icon Soilbuild's Q2 earnings up 3% at $23.1m
        75 8 SOILBUILD Group's second-quarter net profit rose 3 per cent to $23.1 million from a year earlier. Revenue soared to $88 million, compared with just $16.1 million a year earlier, but expenses and finance costs also rose sharply. The group said it expects to
        75 words
      • Article
        Lock icon Courts' Q1 net slips 4.7% on poorer sales
        86 8 COURTS (Singapore) reported that net profit for its first quarter ended June 30, 2008 fell 4.7 per cent as the retailer was hit by poorer sales. Net profit for the three months came to $1.2 million, from $1.3 million a year ago.
        86 words
      • Article
        Lock icon SMB United earnings fall 14% in Q2
        67 8 SWITCHGEAR maker SMB United saw net profit fall 14 per cent to $8.54 million in Q2 2008, due to the presence of an exceptional gain of $3.1 million in Q2 2007. Without the exceptional item, net profit would have shown an improvement of
        67 words
      • Article
        Lock icon Informatics' net loss narrows in Q1
        88 8 INFORMATICS Education Ltd reduced its net loss to $1.4 million in its first quarter ended June 30, 2008, from a net loss of $2.5 million a year ago. The improvement was due mainly to the absence of provisions for the purchase of training materials
        88 words
    • Article
      Lock icon 6-month and Q2 results ended June 2008
      1036 10 NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS (S$m) CHNG (S$m) CHNG 1 HKLand 2 Jardine Strategic 2214.76 1634.18 1592.56 1200.88 35.5 434.11 534.34 32.6 *****.00 9756.64 -18.8 29.6 3 Golden Agri 4 Jardine Matheson 5 DBS Grp 1393.99 608.28 1384.48 1078.48 1255.00 1177.00
      1,036 words
    • Article, Illustration
      Lock icon Hai Leek launches IPO at 26 cents a share
      529 10  -  RONNIE LIM Bulk of proceeds to go to new premises, automated shot-blasting facility By HAI Leek Holdings, which provides scaffolding, corrosion prevention and insulation services to the oil and gas industry, is floating 85 million new shares at 26 cents apiece
      ARTHUR LEE  -  529 words
    • Article
      Lock icon HTL Q2 net profit slips 32% to $3.6m
      213 10  -  JAMIE LEE FURNITURE maker HTL International Holdings said net profit fell 32.3 per cent to $3.57 million for its fiscal second quarter and warned of poor performance for the full-year compared with fiscal 2007 due to weak consumer sentiment in the US.
      213 words
    • Article
      Lock icon Kingsmen half-year profit surges 91 % to $5.4m
      431 10  - Kingsmen half-year profit surges 91 to $5.4m YEN SREENIVASAN BOOSTED by a strong business environment, communications design specialist Kingsmen Creatives has almost doubled its interim earnings for the six months ended June 30, and promptly declared an unprecedented 1.5 cents per share interim dividend. The company, which was recently promoted
      431 words
    • Article
      Lock icon Banyan Tree Q2 profit rises 10% to $3.5m
      345 10  -  UMA SHANKARI BANYAN Tree Holdings yesterday said that secondquarter net profit rose 10 per cent as it sold more of its luxury-branded hotel residences. Earnings for the three months ended June 30, 2008 climbed to $3.5 million, from $3.2 million a year
      345 words
    • Article, Illustration
      Lock icon Thai Beverage profit flat at 2.4b baht
      363 10  -  NISHA RAMCHANDANI THAI Beverage Public, Thailand's largest brewer and distiller, has posted a flat profit of 2.39 billion baht (5599.5 million) for the second quarter ended June 30. Revenue for the quarter grew by 5 per cent from 23.15 billion baht in the
      363 words
    • Article
      Lock icon 6-month and Q2 results ended June 2008
      3497 11 Net Profit refers to profit attributable to equity holders. Trust REITS: Turnover is gross revenue and earnings is income available for distribution. CapitaßChina Trust: The Group's results for 2008 includes the consolidated results of Xizhimen Mall, from 5 February 2008 and the 7
      3,497 words
Page thumbnail Page 5
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Traders bank on Thur rise for Wall St
      548 6  -  R SIVANITHY STOCKS Keppel Corp led the STl's gainers with a 22-cent bounce to $10.34 which added 3.6 to the index LATE-AFTERNOON bounces in Hong Kong and Europe, plus a rise in US futures, sparked hopes yesterday that Wall Street could finish
      Bloomberg  -  548 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      94 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 6 7 3 0 0 0 6 7 3 lanufacturing 73 38 43 79 45 51 Commerce 22 16 17 26 18 19 'pt/Stor/Comms 14 19 14 20 :inance 11 11 11 11 Construction 'roperties 11
      94 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      118 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 15,525 15,525 72,681 72,681 lanufacturing 305,503 13,830 319,333 200,214 1,108 201,322 lommerce 41,382 7,366 48,748 74,052 2,661 76,713 'pt/Stor/Comms 100,043 312 100,355 257,709 97 257,806 :i nance 26,625 26,625 285,098 285,098 lonstruction 23,586 7,586 31,172 3,294 200 3,495 'roperties
      118 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      105 6 lapitaLand 5.000 -0.060 lapitaMall 2.770 -0.040 jtyDev 10.440 -0.160 losco Corp 2.350 +0.030 IBS Grp 18.500 :&N 4.190 +0.040 ient Intl 0.520 +0.010 IK Land 3.700 -0.100 ISH 16.960 lardineC&C 17.220 +0.020 Ceppel Corp 10.340 +0.220 Ceppel Land 4.180 -0.080 IOL 2.650 +0.130 loble Grp 2.080
      105 words
    • Article
      Lock icon BROKERS' TAKE
      990 6 Singapore equity strategy CITIGROUP, Aug 13 PREVIOUS bear markets of this depth and duration (of which there were four such episodes since 1985) are followed by recessions or economic downturns. Economic data will likely get worse before it gets better. We cannot rule out a technical recession, following
      990 words
    • Article, Illustration
      Lock icon Asian weakness resumes, peso dives
      541 6 Reuters CURRENCIES [SINGAPORE] The Philippine peso was the top loser in Asia yesterday as renewed global growth concerns helped the US dollar resume its broad rally while a rise in oil prices weighed on the region. The dollar gained for a 10th day against a
      – Reuters; BLOOMBERG  -  541 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      57 6 CLOSE IT OB/OS -894.00 +47.C IT CADI -*****.00 +40. IT 10-day MA -*****.00 -90.0' TSE ST Mid Cap 661.94 +3.6: TSE ST Small Cap 553.31 +4.0 TSE ST All Share 702.83 +2.11 TSE ST China Top 376.17 +8.1 TSE ST China 361.32 +8.6: IOB Catalist 125.66 +0.5
      57 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 6 VOLUME JiutianC 73,600,000 Golden Agri 48,868,000 Gent Intl 28,862,000 Yanqzijianq 28,417,000 *Star Cruises 27,465,000 Sing Tel 27,309,000 China Honqxinq 24,465,000 ChinaNTown 23,730,000 KencanaAqri 23,604,000 AusGroup 21,227,000 VALUE(S) DBS Grp 111,235,364 Sing Tel 94,799,488 Capita Land 85,411,064 UOB 81,256,640 Keppel Corp 51,680,880 STXPOKWIOO 48,669,470 SGX 43,610,108 Noble Grp
      58 words
    • Article
      Lock icon RISES
      92 6 CLOSE UP LD 10US$ 8256 207.8 1.8 reat Eastern 1520 110.0 7.: China H 10US$ 1450 36.5 1.: ;txpokwioo 255 28.0 12. 'eloni 306 26.0 9. MBLJCW*****0 240 23.0 10.' Con 1034 22.0 2., iwiber 170 19.0 12.' loble Gri 208 18.0 9. 'at Hoi 156 16.0 11.. BY
      92 words
    • Article
      Lock icon FALLS
      115 6 BY CENTS CLOSE DOWN lUE 1252 -56.0 -4.3 iBS MBL iCW*****3 586 -34.0 -5.5 IMH 3122 -25.3 -0.6 India Ni 10 1477 -24.0 -1.i ISMSCI India 100 633 -18.3 -2.0 itraits Trdi 492 -17.0 -3.: lain irm 542 -16.9 -2.2 At 1044 -16.0 -1.! IK Land 370 -14.0 -2.6
      115 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      82 6 Aug 14 CHNG CLOSE FRAug13 YR2008 S$ LOW S$ HIGH ISS 1.4080 -0.38 1.4542 1.3457 iuro 2.0976 -0.16 2.2064 2.0474 'ounds 2.6320 1.26 2.8431 2.6148® 1.2330 -0.67 1.3251 1.2075® ren* 1.2846 0.13 1.4484 1.2619 lupiah* 0.***** -0.38 0.***** 0.***** !aht* 4.1780 -0.32 4.4299 4.0190 •eso* 3.1359
      82 words
    • Article
      Lock icon New education imperatives in S'pore: Eng Hen
      496 12  -  OH BOON PING SINGAPORE'S education system should move beyond academic achievements to emphasise more on imparting values, said Education Minister Ng Eng Hen yesterday. He added: "This has to keep in step as Singapore moves to a higher plane of actualisation. We must
      496 words
    • Article
      Lock icon 'Transparency builds trust in brand'
      194 12  -  LYNETTE KHOO TOO much control stifles branding, says Wikipedia founder Jimmy Wales. That's why the Wiki brand is built on trust rather than draconian policing. By making transparency its core principles, Wikipedia is building trust in its brand. Anyone can edit a page, authors can
      194 words
    • Article
      Lock icon Mitsui may set up new phenol plant here
      495 12  -  RONNIE LIM JAPAN'S Mitsui Chemicals which has invested around US$7OO million or Ssl billion in several plants on Jurong Island is now looking at setting up yet another "new-generation" phenol plant here, likely to run into hundreds of millions of dollars. What
      495 words
    • Article
      Lock icon Sumitomo boost to micro-needle maker
      326 13  -  JAMIE LEE By JAPANESE conglomerate Sumitomo has paid $500,000 for a stake of about 20 per cent in a Singapore producer of plastic mi-cro-needles that make blood extraction painless. Sumitomo is now in talks with Japanese manufacturers to produce the needles invented by Singapore's Micropoint
      326 words
    • Article
      Lock icon Peter Lim wanted lid on membership size, says lawyer
      538 13  -  CHOW PENN NEE COUNSEL for the defendants named in former remisier Peter Lim's defamation suit yesterday tried to establish whether Mr Lim had mismanaged the club by taking in a large number of members. The defendants in the suit are Margaret
      538 words
    • Article
      Lock icon SMEs get more help to adopt infocomm solutions
      293 13  -  OH BOON PING TWO new initiatives have been unveiled to help small and medium-sized enterprises (SMEs) use infocomm to grow their businesses. The first is a new SME Infocomm Resource Centre (SIRC) that will be open at the Singapore Chinese Chamber of
      293 words
    • Article
      Lock icon Spicing up S'pore with US$200m war chest
      445 13  -  AMIT ROY CHOUDHURY INDIA-BASED business group Spice Corp, with interests in the ICT (infocomm technology) sector, is coming to Singapore in a big way armed with a US$2OO million war chest. Speaking to BT yesterday, Spice group's global chairman BK Modi said the
      445 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      455 7 H 1 B^ fl Mr.:.■ I HAMILTON ISLAND HAYMAN ISLAND I GREEN ISLAND IFITZROY ISLAND CAIRNS I I Hamilton Island is located in the heart of The multi award-winning Hayman Island is I This lovely coral cay is just 45 minutes by This is one of the most unspoilt islands
      455 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      445 8 Hai Leek Holdings Limited "initial public (Incorporated in the Republic of Singapore OFFERING on 12 September 1998) v.«^b^ k-w (Company Registration No.: *****4461 D) OPENS TODAY. APPLY NOW!" fir B une qf 2nngaporai*i|!!p^ The Group's principal activities comprise: Hai Leek Holdings Limited PROJECT SERVICES o scaffolding and corrosion prevention services,
      445 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      215 9 iDcujuiJ ceLevrtvtes £wfr /ustorio utujtc£es. UL& Grajuo O&efUJi4 Oy Frits er Suites is £/tfs oi/icr. Situated in the heart of the Central Business District, Fraser Suites Beijing is the perfect sanctuary for discerning travellers who appreciate the best that life has to offer Designed by world-renowned A. Epstein and Sons
      215 words
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      3330 12 ~J7 EC ompan lE s*ct,cap. s o THE cJo^Tact^p^ thec^nl^a^a,so NOTICE OF INTENDED PREFERENTIAL DIVIDEND J ""I CRAMER SYSTEMS (SINGAPORE) PTE. LTD. THE COMPANIES ACT, CAP. 50 AND Name of Company Hong Lai Construction Pte Ltd (In Liquidation) uni-***! •i l i- l n L l .i- I <ti l
      3,330 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      147 13 if r m i *''■■'M By i _«Bsii B^'^s IE yAe gianc/ suite THE POWER LUXURY Two high tech engines: Bakl I refined V 6 3.5-htre Dual WT-1 engine i*fc till, ft Jv w'^ sPeec' Super ECT ■jj: high performance 2.4-litre WT-i engine H^^JP" with 7-speed Super CVT-i 1 *The
      147 words
Page thumbnail Page 14
  • ECONOMY WATCH
    • Article
      Lock icon Rate cut: Aussie central bank won't wait for inflation to fall
      368 14 Reuters [SYDNEY] Australia's central bank said yesterday it would not wait for inflation to fall before lowering interest rates, giving the clearest indication yet it would cut them next month and sending the Aussie dollar close to sevenmonth lows.
      Reuters  -  368 words
    • Article
      Lock icon Europe's economy shrinks 0.2% in Q2
      678 14 Bloomberg Inflation holds at 4% in July, less than the initially estimated 4.1% [LUXEMBOURG] Europe's economy contracted in the second quarter for the first time since the launch of the euro almost a decade ago as faltering sales undermined investment by companies and soaring
      – Bloomberg  -  678 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      396 14 /v-FTinf't— r yyj)) it Tiri> w "~^>k^ :'1 xLT"'" Casalino Build with world class Italian leather and materials Beds Beddings Ji^^J 9^^^ Specials i i Furniture Mall IMM Branch Mira Emilia FCDK.GIORMANI Tretorio Dittorio Luxury Sofas T-urtUture- C-Ui/lr I www.fuinitureclub.com.sg Furniture Mall #02-22/23/24 7500 D Beach Rd The Plaza Blk
      396 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      23 14 HS^WKJ"*^,!' L 1 ■16' ■T ll' ITI G>M jT yl i ill Bf^x^^B _-?T!T. ,?SS;.S. ±vu arlslnnd £sl B KHB BB BKl^kunln H?«
      23 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      342 15 I I 1 I I—- IX I— L^P > I V-J I >l I— Fx i Inspired by the eco-friendly, cosmopolitan I 1 A MM world citizen, the new Aigner collection /*m^W A Autumn/Wintet 2008/09, is characterized by f ____^_-w P^R mk tradition, heritage and multicultural awareness. pfiSßai^ ~A >H
      342 words
Page thumbnail Page 16
  • MALAYSIA/INDONESIA
    • Article
      Lock icon Bapepam indicates stricter position on Maybank-BII deal
      571 16  -  PAULINE NG By in Kuala Lumpur THE impasse in Malayan Banking's proposed purchase of Bank Internasional Indonesia (BII) may take longer to resolve, judging from the recent sounds emanating from Indonesia which indicate a hardening in its stance. Earlier this week, Indonesia's capital
      571 words
    • Article
      Lock icon Independent power producers pay windfall tax
      580 16  -  S JAYASANKARAN Capital markets, big bond issuers could take a hit if tax is not modified MALAYSIA'S independent power producers (IPPs) have begun paying a windfall tax after the federal government refused to modify it. Genting Sanyen, for example, made out a RM5.74 million
      580 words
    • Article
      Lock icon Indonesia's growth beats forecast
      173 16 Reuters [JAKARTA] Indonesia's economy grew faster than expected in the second quarter with the help of strong commodity exports and investment, and analysts said the economy's resilience could pave the way for higher interest rates. South-east Asia's biggest economy expanded 6.39 per cent in April-June from
      Reuters  -  173 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8578 16 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 2.006/ AIGIF Spore Bond Fund/ A 1.345/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.9/ APS Alpha Fund (USD) 0.64/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.979/ APS Komaba
      8,578 words
Page thumbnail Page 17
  • GREATER CHINA
    • Article, Illustration
      Lock icon Frasers opens US$135m Beijing service residence
      426 17  -  CHEW XIANG FRASERS Hospitality, a unit of Frasers Centrepoint, the property arm of listed conglomerate F&N, yesterday officially opened a 23-storey service residence in Beijing, the sixth of up to 20 it hopes to open in China. The company owns or operates service residences
      426 words
    • Article
      Lock icon China thaw may see Taiwan firms return home
      461 17 Reuters Companies listed overseas look at possible secondary listing back in island [TAIPEI] Taiwan companies listed overseas, such as Nokia phone maker Foxconn International, may look to return home as better relations with China boost investor interest in the local stock market.
      – Reuters  -  461 words
    • Article
      Lock icon New PBOC forex dept to set yuan policy
      221 17 Reuters [BEIJING] The People's Bank of China (PBOC) has established a foreign exchange rate department to set currency policy and monitor cross-border capital flows, the central bank said yesterday. The PBOC's announcement, approved by the State Council, China's Cabinet, and posted on
      – Reuters  -  221 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      1469 17 your global supply chain partner Ofc^ h. (j Pj I First Half Results 2008 "JSL' 9 r0 U P (Incorporated in Bermuda with limited liability) Revenue Net profit +f\ (\i The return increased L)xU/ n increased 7CI 7 U/ n on average 2 2 l)U/ n by yV by Lyl
      1,469 words
Page thumbnail Page 18
  • INDIA
    • Article, Illustration
      Lock icon India goes on high alert against possible attacks
      527 18 AFP Move comes ahead of Independence Day celebrations [NEW DELHI] A security alert was in place in India yesterday as it began deploying hundreds of thousands of personnel against possible attacks a day ahead of Independence Day celebrations, officials said. The move
      AFP; REUTERS  -  527 words
    • Article
      Lock icon Higher pay approved for govt workers
      394 18 Bloomberg Move will cost the government 157b rupees in the financial year to March 31, 2009 [NEW DELHI] India's cabinet approved higher salaries for five million government employees as Prime Minister Manmohan Singh's ruling coalition prepares to face elections in less than a year
      Bloomberg  -  394 words
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      220 18 LUAUKY i i a tHi hw w^wpw w hi ivi hm wi mum JVlt ivl ILJ j MANDARIN SINGAPORE www.mandarin-singapore.com For orders, please call 6831 6285/62/66, email dine.tms@meritus-hotels.com or visit us at www.mandarin-singapore.com/dining/monthlyf&bpromotions.htm pjii Fmnn^i The pick Of the bunch for Brunch Ulitlllllim (Levels-PeninsulaTower) =^^^^(Level 4) ,J» Brunch at Oscar's
      220 words
Page thumbnail Page 19
  • WORLD
    • Article
      Lock icon Oil falls despite tightening inventories
      624 19 AP, Bloomberg Slide due to shift away from commodities and weaker demand [VIENNA] Oil prices reversed course yesterday, falling after first moving upward over concerns sparked by tighter US petrol supplies. Light, sweet crude for September delivery was down by 82 US cents a barrel
      – AP, Bloomberg  -  624 words
    • Article, Illustration
      Lock icon Greenspan disagrees with handling of Fannie, Freddie
      615 19 Bloomberg [ATLANTA] Former Federal Reserve chairman Alan Greenspan disagreed with the government's rescue of Fannie Mac and Freddie Mac, saying they should have been nationalised and split up into smaller companies, the Wall Street Journal reported. "They should have wiped out the shareholders,
      Bloomberg; AFP  -  615 words
    • Article
      Lock icon GM debt rating lowered further by Moody's
      364 19 Bloomberg [NEW YORK] Moody's Investors Service lowered General Motors (GM) Corp's credit rating on US$29 billion in debt one step further into junk status on Wednesday, citing declines in US sales. Moody's now rates the world's largest carmaker's debt Caal, or seven levels
      ■ Bloomberg  -  364 words
    • Article
      Lock icon BURSA MALAYSIA
      2208 19 iug14 RM ('000) A&M Realty 0.46 AbricBhd 0.15 Advance Synergy 0.10 Adventa Bhd 0.94 AeMuIti Hldgs 0.22 Affin Holdings 1.90 Ahmad Zaki Resou 0.71 AicCorp 0.52 \irasia Bhd 1.13 Akn Technology 0.41 Alliance Financi 2.76 Aluminium Co 1.06 Amalgamated Ind 0.49 \mmb Hldgs Bhd 3.18 Amtel Holdings 0.64
      2,208 words
    • Article
      Lock icon London named top literary destination
      157 19 Reuters [LONDON] London has been named as the world's top destination for tourists looking for a taste of literature, beating Paris, New York and Rome in a top 10 compiled by a travel website. The birthplace of writers such as Charles Dickens and John Keats
      – Reuters  -  157 words
  • Page 19 Advertisements
Page thumbnail Page 20
  • BEIJING 2008
    • Article, Illustration
      Lock icon At long last, that elusive gold
      728 20 NYT China's Yang Wei takes top spot in individual all-around gymnastics event [BEIJING] More than a dozen times yesterday during the men's individual allaround final in gymnastics, Yang Wei took a deep breath and exhaled so hard that his cheeks puffed out, big and
      NYT; XINHUA  -  728 words
    • Article
      Lock icon Federer, Williams sisters crash out
      168 20 AP [BEIJING] Roger Federer's bid for his first Olympic singles medal ended yesterday when he lost to James Blake of the United States. With the sort of lacklustre performance once unthinkable for Federer, he was eliminated in the quarter-finals 6-4, 7-6. The upset was a
      AP  -  168 words
    • Article, Illustration
      Lock icon Medal tally
      108 20 AUGI4 GOLD SILVER BRONZE TOTAL China 22 8 5 35 United States 10 9 15 34 South Korea 6 7 3 16 Italy 6 4 3 13 Germany 6 2 3 11 Australia 5 4 7 16 Japan 5 3 3 11 Russian Fed 3 8 3 14
      108 words
    • Article
      Lock icon Now Kitajima's turn to shine
      358 20 -AP Japanese swimmer wins double breastroke gold [BEIJING] For Michael Phelps, the omnivorous man still on track to win eight gold medals, yesterday at the Water Cube ranked as a morning off. For the first time since this meet began, Phelps had no finals to
      -AP  -  358 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      74 20 J LUAUKY r v lag 5^ CSj \N Enjoy special advertisement rates \^J I s dedicated culinary environment. Mlm J Daily 11.30 am to 2.15pm, from $3.so++ onwards. mH F»r BB mH D For reservations, please call Captain's Table at 6869 2288 ffiUS KlflHH E{lt|[fl ijHlj H li| Raffles Marina
      74 words
Page thumbnail Page 21
  • AVIATION
    • Article, Illustration
      Lock icon Airlines outlook gloomy despite falling oil prices
      669 21 Reuters Little hope that carriers will scale back downsizing plans, repeal fees [CHICAGO/WASHINGTON] A 23 per cent drop in oil prices since mid-July brightens the outlook for troubled airlines, but clouds remain thick over the industry, with little hope that carriers will scale
      – Reuters; BLOOMBERG  -  669 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2551 21 AIRLINE CODES: AA Am -s (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAV\ Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways
      2,551 words
    • Article
      Lock icon Thai Airways loses 9.23b baht in Q2
      259 21 -AFP [BANGKOK] Losses at Thailand's flag carrier Thai Airways International spiralled to 9.23 billion baht (*****.9 million) in the second quarter, the airline said in a statement yesterday. The figure is the biggest quarterly loss in a decade, due largely to soaring fuel
      -AFP  -  259 words
    • Article
      Lock icon Air passenger travel dips in India on steep fare hikes
      478 21  -  SIDDHARTH SRIVASTAVA STEEP fare increases sparked by high fuel costs have had a big impact on Indian air travel. The number of people flying sank to 3.04 million in July, down 12.7 per cent from a year earlier, according to
      478 words
    • Article
      Lock icon Airports upgrade gets OK
      87 21 Bloomberg [NEW DELHI] India has approved the modernisation and expansion of the airports in Chennai and Kolkata for a total 37.5 billion rupees (Ssl.2 billion), the aviation ministry said. The Cabinet Committee on Economic Affairs approved the upgrade of the airport in Kolkata, formerly known as
      – Bloomberg  -  87 words
    • Article
      Lock icon AirAsia flies in from Pekanbaru
      254 21  -  NISHA RAMCHANDANI [SINGAPORE] Low-cost carrier Air Asia launched its first direct flight from Pekanbaru, Indonesia, to Singapore yesterday. And it may use Singapore more as a base by adding routes to Surabaya and Denpasar next year. The chief executive of Indonesia Air Asia, Captain Dharmadi,
      254 words
    • Article
      Lock icon Korean Air posts operating loss
      144 21 Reuters [SEOUL] Korean Air Lines Co Ltd, South Korea's top air carrier, yesterday reported its first quarterly operating loss in five years, hit by higher oil prices and slowing demand. Its outlook remains clouded by a weaker won and a sluggish global economy, analysts said.
      .- Reuters  -  144 words
  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      191 21 ANYBODY CAN EARN (10,000 EASILY 100% MONEY BACK GUARANTEE* TO HAKE SURE YOU SUCCEED /The SUREST way to earn $10,000 with $10,000 Earning GUARANTEE* r -wexeemingnmthan /Powerful Coaching by MILLIONAIRE entrepreneur Ss3o,ooomonMy. We expect ~l lwftllr nun j \C£^ toemsw,mnmthiy /ANYONE can join.* Young old. No experience required WB aSSUS
      191 words
Page thumbnail Page 22
  • EDITORIAL & OPINION
    • Article
      Lock icon Lessons for financial regulators
      473 22 THE most recent issue of The Economist has an article titled "Confessions of a Risk Manager". It provides an insight into how US financial institutions built up so much exposure to collaterised debt obligations (CDOs) and other asset-backed securities. First, the risk managers were lulled by
      473 words
    • Article, Illustration
      Lock icon China brands basking in Olympic glory
      922 22  -  GRACE TIAN The Beijing Games, watched by billions worldwide, give the brands global recognition CHINESE products have long been associated with cheap labour and unreliable quality. However, Chinese manufacturers are trying to move up the value chain and make high-quality, economical products. But Chinese
      REUTERS  -  922 words
    • Article, Illustration
      Lock icon Easy to see that the US isn't serious about energy
      801 22  -  ROBERT SAMUELSON THE BOTTOM LINE FORGET about a candid national conversation on energy in the US. As John McCain and Barack Obama campaigned last week, that much seemed clear. To lower oil prices (which were already dropping), Obama proposed releasing
      801 words
    • Article, Illustration
      Lock icon Georgia: it's the same old story
      853 23  -  RAJAN MENON ■IHT The weak get pushed around by the powerful all the time DURING the Peloponnesian War, as powerful Athens prepared to put the inde-pendent-minded, but tiny, island of Melos to the sword, the Melians appealed to principles of honour and fair play
      ■IHT; REUTERS  -  853 words
    • Article
      Lock icon URA index reflects overall price trends
      422 23 LETTER TO THE EDITOR WE refer to the letter "URA private home index an anomaly" by Kenneth Pang Cheow Jow (BT, Aug 5). The writer asked why URA's Private Residential Property Price Index (PPI) for second-quarter 2008 was still lower than its 1996 peak,
      422 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Lock icon Page 23 Advertisements Column 1
      59 23 ERP gantry locations and prices Live traffic news Building name and block numbers Shortest and quickest routes Shopping Centres ™"™w Building name OSI^/^ "S^^g.. and Motk number |_~B,__. SU!Z^.« .fc.4bfc4 ITjw™ ran f Maps Plan your next journey with Rednano. Get the most updated and accurate geographical information in the
      59 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 2
      416 23 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF PACIFIC FURNISHINGS (S.E.A.) PTE. LTD. (In Members' Voluntary Liquidation) Reg. No. *****3772G NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of the
      416 words
    • Advertisement
      Lock icon Page 23 Advertisements Column 3
      1275 23 I I Tii tLSJ 12 m! DAI AMPC QUCCT I 4- Balancing of Subsidiary Ledger Accounts and confirmation/ reconciliation of DMLMIIV/C OnCC I balances with foreign branches and NOSTRO Accounts, and adjustment of entries in Suspense, Drafts Payable, Clearing Difference, etc. is in progress OOP's omitted on an on-going basis
      1,275 words
Page thumbnail Page 24
  • SHIPPING
    • Article
      Lock icon Konsortium Logistik bags RM550m TNB deal
      269 24 [KUALA LUMPUR] Total logistic service provider Konsortium Logistik Bhd has clinched a RMSSO million (***** million) contract from Tenaga Nasional Bhd (TNB) to ship coal into the country, Malaysia's Business Times reported, citing sources. "The award is for an initial three years, with option
      269 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        110 24 '000 14 it Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks Jaya Hold Ltd KiVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.59 0.35 2.35
        110 words
      • Article
        Lock icon KLSE
        35 24 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brid PDZ Holdings unch 8.95 8.90 3.46 unch 0.15 0.12 unch 0.05 unch 0.08 unch unch -0.01 93) 214; 43) 5' 1!
        35 words
      • Article
        Lock icon BANGKOK
        15 24 ■oo 14 Bahl Vol Precious Ship Regional Cont 19.90 16.10 -0.10 0.10 3218 690
        15 words
      • Article
        Lock icon HONGKONG
        15 24 '000 Auj 14 HK$ Vol Ooil Singamas Cont .29.20 ...1.59 0.05 -0.01 876 430
        15 words
      • Article
        Lock icon PHILIPPINES
        26 24 '000 Aug 14 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.30 29.50 unch unch 0.20 -0.50 unch unch 573 444 0 0
        26 words
      • Article
        Lock icon TAIPEI
        22 24 Evergreen Marine ....20.20 First Steamship 59.30 Wan Hai Lines 17.55 Yang Ming Marine...18.50 0.10 2.30 0.30 0.05 5 8 5 12
        22 words
      • Article
        Lock icon TOKYO
        43 24 '000 14 Yen Vol Kawasaki Hvy Ind ..247.00 1.00 8561 Kawasaki Kisen 771.00 37.00 ***** Mitsubishi Hvy 542.00 11.00 ***** Mitsui Eng&Sbldg...246.00 2.00 ***** Mitsui Osk Lines ...1287.00 52.00 ***** Nippon Express 456.00 -3.00 2640 Nippon Yusen 873.00 13.00 ***** Source: Reuters
        43 words
    • Article
      Lock icon Shipping lines facing more lean years: analysts
      382 24 Bloomberg Fleet expansion, slowing global economy curb raw material demand [LONDON] The world's coal, grain and ore shipping lines, after the longest losing streak since 2005, may face another two years of declines as fleet expansion and slower global economic growth curb demand
      – Bloomberg  -  382 words
    • Article
      Lock icon Shell receiving 3rd LNG cargo in India this month
      152 24 Bloomberg -[SINGAPORE] Royal Dutch Shell pic may receive its third liquefied natural gas cargo at its import terminal in India this month, according to AlSLive ship-trac-king data compiled by Bloomberg. LNG Borno, a 149,600 cubic-metre capacity tanker, may reach Hazira terminal
      Bloomberg  -  152 words
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      2217 24 FibreChem Technologies Limited FIBRECHEM TECHNOLOGIES LIMITED (Incorporated in Bermuda) (Company Registration Number: *****) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a SPECIAL GENERAL MEETING of FibreChem Technologies Limited (the "Company") will be held at The Ritz-Carlton, Millenia Singapore, Millenia 3, Level 2, 7 Raffles Avenue, Singapore *****9
      2,217 words
    • Advertisement
      Lock icon Page 24 Advertisements Column 2
      1101 24 BANK OF TAIWAN, Singapore branch Chairman: Jer-Shyong Tsai Directors: Chia-Cheng Lin, Hsiu-Hua Rau, Jin-Tung Lee, Chih-Hung Chang, Managing Directors: Tse-Cheng Lo, Jun-Ji Shin Shin-Hsin Huang, Chin-Long Yang, Yeong-Yuh Chiang, Ruey-Tsang Lee, Cheng-Chen Yang Chang-Sheng Lin, Hsi-Chuan Chen, Her-Jong Lin Unit: NT$l,OOO Unit: NT$l,OOO Dec 31, 2007 Dec 31, 2006 Dec
      1,101 words
Page thumbnail Page 25
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      5834 25 Transaction date: Aug 14 52-wks Tel ligh Low Code Last Sale Vol Day Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E M Cap $mil Company 5716 1st Software 2,'J 11 S l 110 100 6389 ABF SG Bond ETF 202? 'ii s Yi sil
      5,834 words
    • Article
      Lock icon SGX XTRANET
      64 25 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 $mil Comi Hi. 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 ISMSCI Spore 6101 ISS&P5OO 6170 SPDRS 398.3 283 6009 STI ETF
      64 words
    • Article
      Lock icon SGX CATALIST
      1707 25 Hii Low Code Comi Sale C000] Hii Low By Seller Cvr P/E ,mil 20 11.5 1181 s AAGrp 31 15 5000 s ABRHIdgs 32 18 8538 s APStrategic 10 2 1501 s Advanced System 38 19 3518 s Afor 42 8.5 1524 s Alantac 20 8.5 7814 s
      1,707 words
    • Article
      Lock icon CLOB INTERNATIONAL
      203 25 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      203 words
  • Page 25 Advertisements
    • Advertisement
      Lock icon Page 25 Advertisements Column 1
      34 25 k jpfep, NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED \B W 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com
      34 words
Page thumbnail Page 26
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      367 26 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Au; 13 World Index Preliminan 953.6 -1.4 -15.7 -2.0 -18.0 -1.6 -15.9 EAFE Preliminai 901.2 -1.9 -19.6 -2.7 -21.5 -2.3 -19.5 Euroi Preliminan 1232.3 -2.0
      367 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      125 26 As at 9am Aug 14 >f foreign currency: lurrencies Bid Offer gist dollar 1.2150 1.2290 dollar 1.3140 1.3300 luro 2.0810 2.1050 IZ dollar 0.9740 0.9960 iterlini ind 2.6100 2.6390 )S dollar 1.3970 1.4130 .ocal dollars to 100 units rf foreign currency: Currencies Bid Offer :hi renminbi
      125 words
    • Article
      Lock icon INTERBANK RATES
      175 26 Aug 14 $S Offer Overnight 1 1-monfli 15/16 2-months 1 1/16 3-months 1 1/8 Overnight mode: 13/16 US$ Offer 7/8 13/16 15/16 1 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2 40 2.61 2.83 3.03 3.20 3.33 3.43 Offer
      175 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 26 Aug 14 STI IIMSCI Au^ 343.8 346.8 344.7 "aiwan Aui 280.6 283.4 282.7 Source: MF Global (S) He. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Aug 14 Bid Offer 1-month 1.4046 1.4058 2-months 1.4025 1.4038 3-months 1.4005 1.4018 6 months 1.3953 1.3968 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      280 26 Aug 14 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Sep 08 Oct 08 NOV08 Dec 08 Jan/Mar 09 Apr/Jun 09 412.00 407.75 404.25 402.75 401.00 402.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      280 words
    • Article
      Lock icon CHICAGO BOT
      101 26 Aug 13 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Aug 08 1270.00 1220.00 1286.00 1227.00 Sep 08 1277.50 1207.50 1277.50 1220.00 Nov 08 1284.00 1214.00 1284.00 1218.00 Jan 09 1301.50 1231.50 1301.50 1238.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 08 52.29 49.83 52.90 50.43
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      78 26 CRUDE OIL PRODUCTS Aug 13 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 113.19 1.13 WTI (Near Mth) 116.22 2.89 Dubai (1-Mth F) 110.15 0.12 Tapis blend 121.55 0.1 Minas 114.9 0.25 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 105.88 135.60 -0.22 1.35 US$/barrel US! Opec
      78 words
    • Article
      Lock icon INTERBANK CROSS RATES
      466 26 Aug 14 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.931 6.019 0.588 6.854 37.542 80.576 0.961 9.123 2.921 1.247 66.116 39.463 1.235 6.890 0.953 27.429 29.574 0.469 0.877 Canada 1.074 6.464 0.632 7.361
      466 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 26 Aug 14 'eriod Issue code Maturity Yesterday's Bid Day's High Low I-Month BQ*****Z 13.11.08 -Year BY*****N 04.05.09 0.66 0.90 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Hio Day's igh Low !-Year NXOO1OOT 4.625 i-Year N *****0V 1.625 '-Year N*****0S 2.875 0-Year NY*****A 4.000 5-Year NY*****X
      88 words
    • Article
      Lock icon SIBOR
      77 26 Aug 14 6mths 1.***** 9 mths 1.***** 12mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2 yrs 2.***** 3yrs 2.***** 4yrs 2.***** syrs 2.***** 7yrs 3.***** 10yrs 3.***** 12 yrs 3.***** 15 yrs 3.***** Source: Reuters (US$) (SS) 2.***** 0.***** 1 mth 2 mths 2.***** 1.***** 3 mths
      77 words
    • Article
      Lock icon PALM OIL
      55 26 Aug 14 Delivery Month Opening Sett Av Range Price Price Hi Vol Open Done Position Low Aug 08 Sep 08 2650 Oct 08 2655 Nov08 2558 Total o/p: *****contracts 2622 2620 2650 2580 2620 2656 2569 2615 2658 2568 Turnover: ***** Market tone: Higher 647 1025 3530 9581
      55 words
    • Article
      Lock icon PRECIOUS METALS
      138 26 Aug 14 (US! f/oz) Aug 14 Aug 13 Hong Kong London 834.40 819.70 835.40 820.70 Aug 12 Aug 13 814.50 823.10 815.50 824.00 Source: Reuters CAST BAR (S$) Aug 14 Buying Sellini Kilobar "40,827.99" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      138 words
    • Article
      Lock icon LONDON METALS
      61 26 ,luminium, 99.7% urity (US$/tonne) Close Previous :ash 2756.50 2718.00 months 2810.00 2772.00 Copper, Grade A (US$/tonne) :ash months 7479.00 7430.00 7188.00 7150.00 .ead (US$/tonne) :ash 1693.00 months 1680.00 1745.50 1740.00 lickel (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 'in (US$/tonne) :ash *****.00 *****.00 months *****.00 *****.00 inc, Special
      61 words
    • Article
      Lock icon LIFFE
      73 26 Aug 13 :OCOA (Btonne) Close Prev Hii ih/Low SepO8 1498 1473 1500/1465 Dec 08 1504 1480 1507/1472 Mar 09 1504 1476 1508/1470 May 09 1509 1480 1511/1475 COFFEE (US$/tonne) Close Pev High/Low SepO8 2208 2274 2281/2200 Nov08 2235 2290 2298/2230 Jan 09 2223 2268 2279/2220 SUGAR (US tonne) White
      73 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      152 26 Aug 14 Currencies Bid Offer Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2339 1.2355 0.8772 0.8777 Canadian dollar 1.3255 1.3265 0.9423 0.9424 Euro 2.0977 2.0996 1.4913 1.4916 NZ dollar 0.9897 0.9907 0.7036 0.7038 jterlini ind 2.6305 2.6331 1.8701 1.8706 US dollar 1.4066 1.4076
      152 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      308 26 Aug 14 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO8 DecO8 MarO9 JunO9 97.1600 97.0000 96.9450 96.7850 6745 3648 EUROYEN TIBOR FUTURES SepO8 99.170 99.170 DecO8 99.220 99.220 MarO9 99.230 99.230 JunO9 99.205 99.205 SepO9 99.165 99.165 DecO9 Mar10 Jun10 99.165 99.210 99.225 99.205 99.165 99.165
      308 words
    • Article
      Lock icon BONDS & WARRANTS
      3599 26 BONDS WARRANTS [el lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- ing Kh's Left 5058 Advance Modules Grp W*****3 6 susp 5036 Advance SCT Ltd W*****9 0.5 #ArianeCorp Ltd W*****9 0.5 3092 Asia Environment W*****4 17 1481 Asia Water Tech Ltd W*****0 18.5 3816 Asiasons
      3,599 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Lock icon Page 27 Advertisements Column 1
      2730 27 m The Business Times Shipping Times Mk BiV M!WF^!fflssHPffffW!HH3HflS WAN HAI INTERNATIONAL PTE LTD cr NO: N*****0000/r itE BJli^feffliMl^MtßialfeßWgi^^ I ■>■-« TEb*****588 (14 LINES) FAX:*****163 K~^ A IW IV i^t^A MWEHJB^MBI!i!IIgtgBCT \AMN\AIAM II Al INF\ <»sl«net Setvke/Boolcings Direcl line (**********200 m 1 A »C I I HHl^fCl I BUMlfflSß^^iSSigffluH V
      2,730 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      3191 28 m RICKMERS-LINIE »™™-«*Hd »-h «h,, ITJTjT\ EASTERN CAR LINER, LTD uSe!" 0"'6'""7"16"7506 COnVen"Ong' SerV WebS"e: ~Htkmer^- f-=-l spec.al.ze in RORO heavy uft UPTO 450 T sn?l WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov ~l SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB I
      3,191 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      4827 29 ___^S^M I I J A MntDCt\r1 Tel: 65-*****907 Fax: *****917 I TTT_____^^__ ___^_____1V _E_1 _R_i _E3 H9 Ww £E /\ind._.k=>_-.in Emoi i asc asc asia com i irm ni nay uau iRATiniu crimp I ■a4SsBk;j» tZA H______ \'-"'m t^ L shipping _ompanT7 70 Shemon Way, #21-03 Marina House Singapore *****8
      4,827 words
    • Advertisement
      Lock icon Page 29 Advertisements Column 2
      868 29 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number 11/09 06/10 ChinaShpg OEL FREEDOM 256N *****898 To SAIPAN (SPN) 2342 N. Mariana Isl 22/08 06/09 Eurasia P TS HOCHIMINH 810N *****673 29/08 13/09 Eurasia P YM XINGANG I 085N *****673 05/09 20/09 Eurasia P MONTANIA 809N *****673
      868 words
Page thumbnail Page 30
  • Page 30 Miscellaneous
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 1
      728 30 P^hES? Dance your way to health and fitness isJLf I IF YOU'RE in need of some release, catch the ~/W*t r <; I Festival. The first half an hour of the event t9>,JM will be devoted to getting everyone in the __,——/Vy^ audience to join a contemporary workout I session
      728 words
Page thumbnail Page 31
Page thumbnail Page 32
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Lock icon Page 33 Advertisements Column 1
      619 33 kwok Qljiljll GALLERY Three Generations of Experience k BBWBWBBBHBBmB 545 Orchard Road #03-01 ft iIMjUdIU&^BSA^I Far East Shopping Centre m Singapore *****2 H Tel: (65) 623S 2516 HP| Fax: (65) 6235 1128 I I kwok.singapore@pacific.net.sg I M mmmTi\ (ir^rAr^^^^ UmK'Bpm 16 f uf "f***! Enjoy Additional SL eita^ hlßand fr^-T
      619 words
  • Page 33 Miscellaneous
    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 1
      314 33 CRYPTIC CROSSWORD 1 Humiliate a cricket side on purpose (6) J^^H^H 9 Open out a French bap (6) 12 First mate right as always (4) ta^ H^ H^ HH 13 Foreign article contains mac- __BB__^B|_^BL_|BM_JBH_HB^^^^^^^ 14 Each one a fairy! (4) mm ■^p^^^^fs 17 Common drinking compan20 Notices new sign
      314 words
Page thumbnail Page 34
  • executive lifestyle
    • Article, Illustration
      Lock icon Mix and match
      1484 34 When it comes to cocktails and bespoke drinks, it is the customer who calls the shots, says CHRISTOPHER LIM and GEOFFREY EU COCKTAILS have always been available in bars here, but they seem to be experiencing a whole new surge in popularity. Leading this surge is a
      1,484 words
    • ARTS
      • Article, Illustration
        Lock icon Making space for artworks that can be unsettling
        876 30  -  CLARISSA TAN IT'S official. Or perhaps "official" is not the right word to use for an art form that's meant to flout public conventions and assumptions. Singapore now has an entire building the refurbished Catholic High School dedicated to contemporary art. Called
        ARTHUR LEE  -  876 words
      • Article, Illustration
        Lock icon A gamble to keep opera alive
        1075 30 With lack of funding and lack of awareness, it's an uphill task for Spore Lyric Opera, says CHEW XIANG ALL around the world, an ageing art form is proving astonishingly lively. In America, 20 million people attend an opera each year roughly the same
        JOSEPH NAIR  -  1,075 words
      • Article
        Lock icon Surreal look at an eccentric Stamford Raffles
        622 30  -  BEN MUNROE SIR Stamford Raffles was not the man you thought he was. At least that's the contention of The Last Temptation of Stamford Raffles, the latest play to premiere as part of this year's Singapore Theatre Festival. Billed as a "Surrealistic biography
        622 words
    • PURSUITS
      • Article, Illustration
        Lock icon Between rock & a hard place
        599 31 Between rock a hard place MUSIC Outdoor concerts are fun but you can also stomp indoors in air-con comfort, says CHRISTOPHER LIM SlNGfest demonstrated two weekends ago just how crazily packed an outdoor music festival can get in Singapore, but two concerts in the past week have shown that there's
        JOANNA KWA  -  599 words
      • Article, Illustration
        Lock icon Mixed bag of breathtaking and uninspiring numbers
        466 31  -  BEN MUNROE Little Dreamer Beth Rowley Universal B+ By THERE are two possible reviews for Beth Rowley. One sets her against the context of the contemporary British music scene, in which you can't swing an MP3 player these days without hitting a woman
        466 words
      • Article, Illustration
        Lock icon When will this wine be ready to drink?
        863 31  -  NKYONG MOST wines are drunk far too young. The vexing question that it immediately evokes is "When will this wine be ready to drink?" This question came to mind when I had the pleasure, per kindness of my friend John Chow, to
        863 words
      • Article, Illustration
        Lock icon Sacred 2: An open-ended blend of story and action
        797 31  -  CHRISTOPHER LIM GAMING WITH all the machines on the market today, it's gratifying when you aren't forced to pick one over another just to play a cool game. Ascaron Entertainment will make its action roleplaying game (RPG) Sacred 2 available not
        797 words
    • BOOKS
      • Article, Illustration
        Lock icon The writer with the light touch
        1177 32 CLARISSA TAN catches up with celebrated novelist and travel writer Vikram Seth who will be attending the Übud writers' festival in October VIKRAM Seth sounds rather jolly on the phone. He candidly admits he's forgotten about his interview. It's 9 o'clock on a London
        CAMILLA PANUFNIK  -  1,177 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon Getai life takes centre stage again
        594 33 12 Lotus mixes fantasy, tragedy and melodrama, says GEOFFREY EU N 12 Lotus, Singapore director Royston Tan once again demonstrates a penchant for dramatising the getai life a heady blend of fantasy, tragedy, melodrama and shameless corn wrapped in a glittery musical shell where
        594 words
      • Article, Illustration
        Lock icon Game for some cheap laugh?
        487 33  -  AMANDA DE GUZMAN WHAT is supposed to be funnier than Eddie Murphy? Why, two Eddie Murphys. A small one inside a big one. Meet Dave is the latest Eddie Murphy vehicle in a line of pretty unfunny comedies starring the actor: he received three Golden
        487 words
      • Article, Illustration
        Lock icon Revisiting a classic of Japanese anime
        518 33  -  CHRISTOPHER LIM DVD By WHEN it comes to old movies that use a lot of technology, there's always a temptation for filmmakers to go back and tweak their creations as tools become more advanced. George Lucas famously did this with his Special Edition of
        518 words
  • Page 34 Advertisements
  • Page 34 Miscellaneous