The Business Times, 19 August 2008

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Total Pages: 32
1 32 The Business Times
  • 25 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg mm a Singapore press holdings publication co regn no *****2868E mica (p) 122/12/2007 Tuesday, August 19,2008
    25 words
  • 645 1  -  CONRAD TAN Asia-Pacific business split into 4 regions; reporting lines for heads are redrawn By [SINGAPORE] Citigroup has redrawn the reporting lines for its Asia-Pacific heads, placing the focus on geographical regions as part of an ongoing revamp to give more decision-making
    ARTHUR LEE  -  645 words
  • 1039 1  -  LEE U-WEN It will be raised by another 4 weeks and govt will pay for the difference: PM Lee By [SINGAPORE] Workplaces here will become more fam-ily-friendly than ever before as Singapore pulls out all the stops to encourage its citizens to have
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  • MARKETS DIGEST
    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 16.831 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 4.09 INDIA 13.75 Source:
      Bloomberg  -  29 words
    • 40 1 lorn iam ICOMP 1,084.36 -10.69 IIKKEI225 13,165.45 +146.04 IANG SENG 20,930.67 -229.91 ;et INDEX 697.23 -10.25 JAKARTA COM P Closed IANILACOMP Closed ;eoulcomp 1,567.71 -4.48 ;henzhen B 371.42 -16.62 IUMBAI IND 14,645.66 -78.52 NOON EDT Cham )OW 11,553.89 -106.01
      40 words
    • 37 1 IS$ (S$ per US$) 1.413 (US$/S$ per 1.867 2.637 :uro (USS/SS/E) 1.473 2.082 'EN 110.30 78.1 3.332 2.35! IK$ 7.814 5.531 !AHT 33.86 23.97 lUPIAH 9.190 6.505 lENMINBI 6.875 4.86I INDIAN RUPEE 43.25 30.62 1.148 0.81
      37 words
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  • Page 1 Miscellaneous
    • 50 1 jHI!R&~ SMEINC BEIJING 2008 jgjy PROPERTY BE INSPIRED I The corporate A nation Investment sales Zap for daily inspiration. ~M^ i sporting challenge mourns its hero J slowed in Q2 Win a Zegna Sport MM* PAGE 11 PAGE 20 t>.j t A^l PAGE 32 i-Pod Jacket! PAGE 8 IB B
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  • TOP STORIES
    • 495 2  -  OH BOON PING Global slowdown does not augur well for sputtering electronics exports By [SINGAPORE] Continuing their downward trend, Singapore's non-oil domestic exports (NODX) shrank by 5.7 per cent in July as the shipment of electronic goods continued to fall. This
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    • 403 2  -  SAMUEL EE By [SINGAPORE] Philips will supply the projectors for the lighting system for next month's Formula One night race in a "multi-million-dol-lar" deal. The electronics giant, which is a world leader in healthcare, lifestyle and lighting, declined to reveal the exact
      FILE PHOTO  -  403 words
    • THREE-MINUTE DIGEST
      • 62 2 ONE could well describe it as Singapore's most concerted push ever to get the stork to make more deliveries. Prime Minister Lee Hsien Loong himself even held a discussion with some women here recently to find out first-hand what they felt would be a
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      • 56 2 TRI-M Technologies (S) Ltd, an electronics contract manufacturer on the Singapore Exchange watch-list since March following three straight years of pre-tax losses, is buying its way into a China crude-oil venture. The company said yesterday that it has acquired Kingworld Resources Ltd for
        56 words
      • 56 2 OFFSHORE and shipbuilding group Jaya Holdings yesterday posted a 24 per cent rise in net profit to a record $149.8 million for the full year ended June 30, 2008 from $120.8 million a year ago. Revenue dipped slightly to $307.2 million from
        56 words
      • 55 2 AFTER eight months from the launch of the revamped Straits Times Index, retail investors are finally getting real-time data on the STI via their online trading platforms. This follows a series of discussions by the Securities Association of Singapore and its member
        55 words
      • 74 2 SAMSUNG Electronics, one of the top sponsors of the Beijing Olympics, is in talks with Singapore's sports authorities to find ways of promoting the first-ever Youth Olympic Games to be held in the Lion City in 2010. "The Singapore authorities are consulting us
        74 words
      • 77 2 THE prestigious Paddock Club has sold out all 4,000 tickets for September's Formula One race, and even has a wait list going. At $7,500 per head, the Paddock Club offers a prime view of the race track, gourmet food and wine as well
        77 words
      • 74 2 A NEW International Monetary Fund study may fuel an uneasy feeling stirring in financial markets that some Asian central banks are drawing down their currency reserves a bit too fast for comfort. Two IMF researchers say that the huge war chests are not
        74 words
      • 65 2 MALAYSIAN Airline System Bhd has reported a second consecutive quarter of decline in profit after it flew fewer passengers and fuel costs climbed. Net income dropped 65 per cent to RM4O million (5517.0 million), or 2.39 sen a share, for the three
        65 words
      • 37 2 THE global credit crisis presents the US$l trillion Islamic finance industry with an opportunity to expand its appeal beyond devout Muslim investors as a haven from speculative excess. ASIA-PACIFIC, PAGE 18
        37 words
      • 63 2 PAKISTAN'S President Pervez Musharraf announced yesterday that he was quitting office for the sake of the nation, rather than face impeachment charges that he said were false. "Whether I win or lose, the nation will lose," Mr Musharraf, 65, said in an hour-long televised address
        63 words
    • 601 2  -  JAMIE LEE Paying in shares helps Catalist firms conserve their cash flow, says regulator By THE Singapore Exchange (SGX) and Prime Partners Corporate Finance have defended the share payment approach taken by Prime Partners for its sponsored listings on the new junior
      601 words
    • 748 4  -  LEE U-WEN PM LEE'S NATIONAL DAY RALLY Extra leave for parents as well as more baby bonus, childcare centres By [SINGAPORE] One could well describe it as Singapore's most concerted push ever to get the stork to make more deliveries to married couples. Prime
      DESMOND LIM/THE STRAITS TIMES  -  748 words
    • 357 4  -  EMILYN YAP Maybank, OCBC take lead in helping employees strike work-life balance By [SINGAPORE] Two banks here have chimed in tune with the government's push to promote marriage and parenthood, as they implement a series of familyfriendly and work-life balance initiatives at the workplace. For
      357 words
    • 434 4  -  EMILYN YAP By [SINGAPORE] New media is influencing politics in a big way around the world. And recognising this, the government will liberalise rules on political films and online election material to broaden political participation in Singapore. Outdoor demonstrations will also
      434 words
    • 581 4  -  LEE U-WEN Higher ERP has been offset by reductions elsewhere, he says By [SINGAPORE] The government will work harder at explaining the link between the recent reduction in road tax and the hikes in Electronic Road Pricing (ERP), says Prime Minister
      581 words
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  • COMPANY NEWS
    • 780 5  -  R SIVANITHY HOCK LOCK SIEW By RROKING firm analysts often find themselves lodged between a rock and a hard place call a "sell" on a stock when the market is hot and rising and they risk ridicule (and loss of clientele), while a "buy"
      780 words
    • 534 5  -  OH BOON PING It's taking over firm which has joint venture with China National Petroleum By TRI-M Technologies (S) Ltd, an electronics contract manufacturer on the Singapore Exchange watch-list since March following three straight years of pre-tax losses, yesterday said it is entering
      534 words
    • 278 5 AFTER seeing 26 of its relationship managers graduate from the inaugural UOB-NUS Executive Certificate in Wealth Management programme yesterday, United Overseas Bank (UOB) is planning for another 200 relationship managers to undergo a similar course over the next two years. The programme is a
      278 words
    • 653 7 Bloomberg APL-Hapag combine will create the third largest box carrier [HONG KONG] Neptune Orient Lines Ltd, South-east Asia's largest shipping line, hired 11 banks to arrange a US$6 billion loan for its bid to buy TUI AG's Hapag-Lloyd AG unit,
      ■ Bloomberg; BLOOMBERG  -  653 words
    • 94 7 Reuters NEPTUNE Orient Lines, the world's seventh-biggest container shipping firm, said it carried 14 per cent more containers on its ships in the four weeks to July 25 compared with the same period a year ago. The company said in a statement yesterday
      ■ Reuters  -  94 words
    • 554 7  - Jaya Hldgs posts 24% jump in profit to 150m VINCENT WEE Company expects demand for offshore supply vessels to remain firm By OFFSHORE and shipbuilding group Jaya Holdings yesterday posted a 24 per cent rise in net profit to a record $149.8 million for the full year ended June 30,
      554 words
    • 405 8  -  LYNETTE KHOO SAS and member firms iron out issues of cost and technical requirements By AFTER eight months from the launch of the revamped Straits Times Index (STI), retail investors are finally getting real-time data on the STI via their online trading
      405 words
    • COMPANY BRIEFS
      • 117 8 LASSETERS International Holdings warned yesterday it was likely to announce a loss in fiscal 2008 ended June 30, as earnings dealt a blow from a US policy change on online casino business. It said the preliminary results continue to reflect the impact from the
        117 words
      • 74 8 STX Pan Ocean announced that its application to Korea's Financial Services Commission, made in February, to incorporate a securities company in Korea has been unsuccessful. After several attempts to resolve issues related to the application, STX said it has almost
        74 words
      • 60 8 TRANSMARCO Ltd said yesterday that the company's shares will be delisted from the official list of the SGX-ST on Friday, Aug 22. This follows an exit offer earlier this year by Miel at $1.02 a share, Transmarco is a supplier of telecommunications, footwear,
        60 words
      • 109 8 JURONG Technologies yesterday announced a joint venture with a European partner to design, develop and manufacture the highest lighting density output in the market for a wide range of energy-saving compact fluorescent light (CFL) bulbs for the European and American markets. The group
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      • 111 8 PARKWAY Life Reit said yesterday it has set up a $500 million multicurrency medium term note programme and has appointed Standard Chartered Bank to act as the arranger and dealer of the programme. Parkway Life MTN Pte Ltd will act as the
        111 words
    • 217 8  -  RACHEL SIM By PACIFIC Healthcare has recruited US cancer specialist Steven Tucker to spearhead its move to set up comprehensive cancer care centres in the region. At the facilities, patients will receive the most up-to-date treatment suites in the most comfortable conditions, the
      217 words
    • 420 8  -  VINCENT WEE By SEMBCORP Marine unit Jurong Shipyard pushed out the second of its proprietary design BMC Pacific 375 jack-up rigs for Maersk Contractors yesterday. The new rig was christened Maersk Convincer by Beth Allen, the wife of AP Moller-Maersk senior vice-president of human
      420 words
    • 350 8  -  LYNETTE KHOO Japan Land-linked firm made deal with associate ATL By JAPAN Asia Holdings (Japan) (JAHJ), a Japan Land-linked company, has entered into a share swap agreement with its 39.1 per cent associate ATL Systems, which is listed on Tokyo's Jasdaq
      350 words
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    • 137 5 c;ssi:^ 1 Is?"" 5.g.g:5;5-5 :S5fU :3 s SH bo] tTt'B •rtTil i r^T** •TiTi_iTs^T3 li^iTiTiT*!- BUS Today, the world has woken up to what Standard Chartered identified more than 150 years ago. The vast potential of Asia. Some call us visionaries. We know it's much simpler an enduring belief in
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      142 words

  • SINGAPORE MARKETS
    • 558 6  -  R SIVANITHY STOCKS Another 20 points sliced off the index as traders bet on weak Wall Street WE ASKED in this column yesterday whether the Straits Times Index (STI) would hold on to the 2,800 level or sink to a year-low. And the
      Bloomberg  -  558 words
    • 90 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 112 0 0 0 2 112 lanufacturing 31 88 46 10 11 36 98 57 Commerce 31 14 12 36 18 )t/Stor/Comms 21 21 :inance 21 21 Construction 13 15 'ro| lerties 21 21 lotels/Rsts
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    • 107 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 11.573 11.573 55.046 55.046 lanufacturing 251.475 19.169 270.644 181.553 1.515 183.068 Commerce 29.865 19.223 49.088 48.363 7.271 55.634 "pt/Stor/Comms 75.806 85 75.891 193.256 26 193.283 :i nance 30.783 30.783 345.703 345.703 Construction 66.598 4.608 71.206 6.359 61 6.420 'roperties
      107 words
    • 106 6 lapitaLand 4.710 -0.230 Olam 2.150 -0.010 lapitaMal 2.790 4-0.050 S IA 15.400 4-0.140 jtyDev 10.140 -0.040 SGX 6.550 -0.070 Iosco Corp 2.100 -0.180 SIA Engg 2.840 4-0.080 IBS Grp 18.400 -0.200 SPH 4.040 4-0.040 :&N 4.220 4-0.110 ST Engg 2.880 4-0.060 Sent Intl 0.515 4-0.005 SembCorp
      106 words
    • 335 6  -  LYNETTE KHOO Indofood Agri Resources Aug 18 close: $1.24 CIMB-GK Research, Aug 15 HI 2008 core net profit (excluding biological gains) of 882 billion ruppiah accounts for 60 per cent of our full-year estimate and 46 per cent of consensus. We consider the results to be in line
      335 words
    • 357 6 CHART POINT WE CONTINUE to be bearish on the Singapore stock market as the Straits Times Index (STI) has broken well below its triangle formation and penetrated the 200--week exponential moving average, a key support that has not been breached since September
      Bloomberg  -  357 words
    • 504 6  -  LARRY WEE CURRENCIES Senior Correspondent A RECOVERY in gold prices helped commodity currencies like the Australian, Canadian and New Zealand dollars to stage a comeback yesterday in Asia. Looking further out, however, currency researchers have been busily upgrading their forecasts for the latter.
      Reuters  -  504 words
    • 4 6 DAILY
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    • 59 6 Aug 18 CLOSE VALUE IT OB/OS -1018.00 -25.C IT CADI -*****.00 -186. IT 10-day MA -*****.00-102.0i TSE ST Mid Cap 656.25 -2.9! TSE ST Small Cap 540.37 -12.2 TSE ST All Share 692.92 -5.8' TSE ST China Top 352.77 -17.7' TSE ST China 338.28 -17.5 OB Catalist
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    • 55 6 VOLUME UniFiber 42,839,000 JiutianC 40,996,000 Ferrochina 33,463,000 SingTel 23,997,000 China Honqxinq 22,362,000 DBS MBI_eCWOBI2O2 21,785,000 DBS DBeCWOBIII7 20,850,000 Artivision 18,877,000 Golden Aqri 18,551,000 Yanqzijianq 18,016,000 VALUE(S) DBS Grp 140,806,940 UOB 88,434,860 SingTel 83,197,061 CapitaLand 59,387,780 SGX 49,225,470 Ferrochina 37,338,140 Cosco Corp 36,925,500 Wilmar 31,686,480 Keppel Corp 30,588,020
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    • 100 6 CLOSE UP lardine C&C 1748 20.0 1.2 IK Land 379 14.1 2. I A 1540 14.0 0. 'ain irm 550 11.3 1. &N 422 11.0 2. .scendasreit 239 10.0 4.. 'arkwa' Hid. 214 9.0 4.. ilA Em 284 8.0 2. 264 7.0 2. "oscoCori iBePW*****5 39.5 6.0 17. BY
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    • 116 6 CLOSE DOWN 3080 -50.8 -1.2 IMH IOB 1930 -50.0 -2.5 IOBMBLJCW*****0 568 -48.0 -7.8 Venture Con 948 -32.0 -3.: iBS Bk6% NCPS 10 ***** -30.0 -0.3 China H 10US$ 1412 -26.8 -1.: IS MSCI India 100 618 -25.4 -2.8 .and 471 -23.0 -4.7 iBS Gri 1840 -20.0 -1.1 iBS
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    • 81 6 Aug 18 %CHNG CLOSE FRAug15 YR2008 S$ LOW S$ HIGH ISS 1.4130 0.28 1.4542 1.3457 iuro 2.0821 0.21 2.2064 2.0474 'ounds 2.6398 -0.24 2.8431 2.6148 1.2328 -0.85 1.3251 1.2075 'en* 1.2824 0.01 1.4484 1.2619 lupiah* 0.***** 0.28 0.***** 0.***** !aht* 4.1743 0.34 4.4299 4.0190 •eso* 3.1261
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  • SINGAPORE NEWS
    • 634 9  -  SAIBAL DASGUPTA Key Beijing Olympics sponsor to start planning strategies for Youth Olympics By in Beijing SAMSUNG Electronics, one of the top sponsors of the Beijing Olympics, is in talks with Singapore's sports authorities to find ways of promoting the first-ever Youth
      BLOOMBERG  -  634 words
    • 405 9 GLAXOSMITHKLINE (GSK) is working with the Economic Development Board (EDB) on a 10-year "strategic roadmap" to identify new growth opportunities. The pharmaceutical company's new chief executive officer Andrew Witty wants to build on GSK's long history with Singapore, which dates back to 1972
      405 words
    • 247 9 THE Singapore Land Authority (SLA) yesterday said that it has received about 100 enquiries for the eight infill sites it launched for residential use on June 26. The sites will be auctioned off on Aug 21. "There has been especially
      247 words
    • 362 10  -  NISHA RAMCHANDANI Overseas demand for tickets has exceeded expectations By THE prestigious Paddock Club has sold out all 4,000 tickets for September's Formula One race, and even has a wait list going. At $7,500 per head, the Paddock Club offers a prime view
      362 words
    • 288 10 THE Land Transport Authority (LTA) will bring forward its ERP review of the Singapore River Line gantries from November to October, after feedback from the Chinatown Business Association that ERP charges may be having a negative impact on business. As
      288 words
    • 94 10 MORE than 120 Standard Chartered senior executives and customers made their way to Sentosa Golf Club for the inaugural Standard Chartered Charity Golf event on Aug 15. The aim was to raise $1.5 million for charity partner Community Chest, and a good start was
      94 words
    • 205 10 THE Singapore Management University (SMU) and the Building and Construction Authority (BCA) have launched a new executive training programme for senior executives and leaders in the building and construction industry. Developed by the SMU Office of Executive Education and the BCA Academy, the SMU-BCA
      205 words
    • SINGAPORE ROUNDUP
      • 79 10 BARCLAYS Wealth has announced a three-year partnership with the Esplanade to be the principal sponsor of the dams festival until 2010. The festival features a mix of international and local productions showcasing the best talents in various genres of dance. Barclays Wealth will host
        79 words
      • 50 10 THE Singapore Chinese Chamber of Commerce Industry (SCCCI) is organising its second business mission to Vietnam to seek new business partnerships and gain insight into the industrial environment. The 56-member business mission from Aug 19-22 is headed by SCCCI president Chua Thian Poll.
        50 words
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  • SME Inc
    • 886 11 Sporting Spectrum's experiential events management speciality is a success, reports MELISSA YEO GIVEN the growing popularity of corporate sporting events in recent years, it's not hard to find an organisation that will help your company plan one. But what about an organisation that will not only conceptualise
      FILE PHOTO  -  886 words
    • 582 12  -  TAN SIEW MENG New private players have significantly increased the range of banking services By UNTIL recently, Vietnam was an old-fashioned cash economy. Whether it was individuals buying big-ticket items such as houses and cars, or companies servicing their payrolls and accounts, almost
      582 words
    • 628 12  -  QUAH CHIN CHIN By CATALIST-LISTED Ntegrator International Ltd believes in bucking the trend when it comes to geographical expansion. While China may be the current hotbed for local small and medium enterprises (SMEs), Ntegrator which provides network infrastructure and enterprise solutions is targeting
      FILE PHOTO  -  628 words
    • 791 12  -  Erman Tan Chief executive Asia Polyurethane to feel small about being an SME now. However, old habits die hard. A small number of ministries and statutory boards are still quite bureaucratic and red tape still abounds. Instead of being pro-enterprise
      791 words
    • 1026 13 IT MATTERS Companies need to consider four areas when mapping out their system integration plans to meet both short and long-term objectives MANY businesses from all over the world are beginning to realise that there is not one solution that can cater to all their needs
      STOCK.XCHNG  -  1,026 words
    • 630 14  -  OH BOON PING PRO-ENTERPRISE CHANGES No separate licences needed anymore for storage of various kinds of goods By WAREHOUSING businesses now need only a single licence to store tax-suspend-ed goods, thanks to a scheme implemented this year by Singapore Customs. The Apex Licence allows
      FILE PHOTO  -  630 words
    • 418 14  -  TEH HOOI LING By RELENTLESS selling of Singapore-listed China stocks the so-called S-chips continues. Yesterday, the FT ST China index fell a significant 4.9 per cent the biggest decline among the various indices.The FT ST Small Cap Index was down 2.2 per cent, and the Straits Times
      418 words
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    • 12 11 Lianhe Zaobao China's HHH3 OUtlOOk: Latest analysis by local and China economists
      12 words
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  • Page 13 Advertisements
    • 204 13 Envision. A New Horizon. The Building and Construction Authority and the Singapore Management University are proud to announce the launch of the SMU-BCA Advanced Management Programme (AMP). This is an industry-specific flagship programme to help leaders and managers in the building and construction sector acquire new strategic management capabilities and
      204 words

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    • 131 14 ■_^Ljg^v^ j^/uses Royal 1 1 Hjk yancl Giordano and 1 A labels. "Items are I jj^L j±p outlets covering a I and service I _/Ihe^js in thebasket are given differ- I HI a fent weights according to the Household I fc. t& y yfm a Expenditure Survey which covers more
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  • ECONOMY WATCH
    • 724 15 -Reuters Bernanke to talk on financial stability at this weekend's meet [WASHINGTON] When US Federal Reserve officials gathered for their annual Jackson Hole conference last August, Bear Steams shares were trading at well over US$lOO apiece. The benchmark federal funds rate was
      -Reuters; AFP FILE PHOTO  -  724 words
    • 291 15 -AFP [TOKYO] Japan's central bank began a two-day meeting yesterday at which it is expected to hold interest rates steady in the face of a shrinking economy and the fastest inflation in a decade. The Bank of Japan has kept its super-low interest
      -AFP  -  291 words
    • 279 15 Reuters [BANGKOK] Thailand's central bank said there was room for further monetary policy tightening this year, but the decision at the next meeting on Aug 27 would depend on oil prices. "For interest rates, there is room for increases, but we
      – Reuters  -  279 words
    • 658 15 Reuters ANALYSIS Study finds build-up limits impact of credit crunch, gives region stability [BEIJING] A new International Monetary Fund study may fuel an uneasy feeling stirring in financial markets that some Asian central banks are drawing down their currency reserves a bit too
      – Reuters  -  658 words
    • 202 15 -AFP [LONDON] An influential body which represents British business says there is a "distinct possibility" of the country facing recession in the next six or nine months, according to a report published on Sunday. In its quarterly economic forecast, the British Chambers of
      -AFP  -  202 words
  • Page 15 Advertisements
    • 77 15 ENTERPRISE Celebrating Singapore^ Enterprising Spirit B BB WMmV*^ bbW b^^ I "Challenges In managing a global trading business SB I Date: Thursday, 11th September, 2008 I Venue: Casuarina Suite B, Level 3, Raffles Hotel I For free admission, register with Ms Christine Ang lat anglcc@sph.com.sg, giving details of your name,
      77 words
    • 186 15 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
      186 words

  • MALAYSIA/INDONESIA
    • 413 16 Standard Chartered Saddiq will be involved in all segments of banking [KUALA LUMPUR] Standard Chartered Bank Malaysia Bhd is making final preparations to open a full-fledged Islamic banking subsidiary, most likely within the next two months, according to a report in Malaysia's Business
      413 words
    • 358 16 Reuters [KUALA LUMPUR] Indian palm oil importers have asked Malaysian and Indonesian producers to defer up to 100,000 tonnes of crude palm oil meant for August delivery to September and October, Indian traders said yesterday. India, the second largest vegetable oil
      ■ Reuters  -  358 words
    • 132 16 Reuters [HANOI] Malaysia's Toyo Ink Group has applied to invest more than US$l billion in a coal-fired power plant in Vietnam, a state-run newspaper reported on yesterday. The ink maker planned to build the 1,200-megawatt (MW) plant in Kien Luong district
      – Reuters  -  132 words
    • 404 16 Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd, South-east Asia's third-lar-gest carrier, reported a second consecutive quarter of decline in profit after it flew fewer passengers and fuel costs climbed. Net income dropped 65 per cent to RM4O million (Ssl7 million), or 2.39
      Bloomberg; BLOOMBERG  -  404 words
    • 2236 16 lug 18 RM Cooo] ASM Realty 0.45 \bric Bhd 0.15 advance Synergy 0.10 Adventa Bhd 0.92 Ae Multi Hldgs 0.26 Win Holdings 1.81 Ahmad Zaki Resou 0.70 AicCorp 0.52 \irasia Bhd 1.12 Akn Technology 0.39 alliance Financi 2.72 Aluminium Co 0.97 Amalgamated Ind 0.46 tamb Hldgs Bhd 2.96
      2,236 words
  • Page 16 Advertisements
    • 147 16 We've done the search. You only have to turn the pages. w 'WAN Wmtß ibsntlutlfit irf &tm&p&pw% 1 948-2008: Sixty years of Service to a Free Press Newspapers represent an industry that connects with 1.6 billion people of all ages, all creeds and all races each and every day. We
      147 words

  • GREATER CHINA/INDIA
    • 631 17 -AP Chairman sees firm gaining from green drive, infrastructure spending [BEIJING] General Electric Co expects its business in China to double by 2010 to US$lO billion a year, chairman Jeff Immelt said yesterday, in a bright spot for GE after the US
      -AP  -  631 words
    • 366 17 Bloomberg It also wants Beijing to tell more on food poisoning probe [BEIJING] Japan's foreign minister concluded a three-day visit to Beijing yesterday after calling on China to move to the "next stage" on an agreement to jointly develop gas fields
      Bloomberg  -  366 words
    • 194 17 Reuters [NEW DELHI] India's Nuclear Power Corp has tentatively picked four suppliers, including US-based Westinghouse Electric and France's Areva, for planned new projects, the Hindu Business Line reported yesterday. Citing unidentified government sources, the paper said General Elec-tric-Hitachi and Russia's atomic
      – Reuters  -  194 words
    • 415 17 Reuters Ex-president, several others barred from leaving the island [TAIPEI] Taiwan and Swiss officials are working to freeze a bank account at the centre of a money-laun-dering investigation involving former Taiwan president Chen Shui-bian, a Taiwan investigator said. "We hope the Swiss investigators can
      Reuters  -  415 words
    • 118 17 Bloomberg [HONG KONG] The Chinese insurance regulator has urged insurers to cut their holdings in A-shares because of the "uncertain" economic outlook, the South China Morning Post said, citing people it did not identify. The China Insurance Regulatory Commission suggested at a recent work conference
      – Bloomberg  -  118 words
    • 308 17 Bloomberg [TAIPEI] Microsoft Corp, the world's largest software maker, is being probed by Taiwan's Fair Trade Commission after an activist group filed a complaint saying that consumers are being forced to buy its Windows Vista operating system. "We have received the complaint and
      Bloomberg  -  308 words
  • Page 17 Advertisements
    • 153 17 Restaurants Florists 1^ B- "v I B4** at aa\ JOEYQUEK, 18 M Student Enjoys blogglng, and using IM/soclal networking sites as a form of networking among her peers. Rart! ijj^ff^V JOHN LIM, 55 JT |iUm Self-Employed I Subscribes to local 1 and international ~^&£S news sites for Ihe .*cE^*S. H
      153 words

  • ASIA-PACIFIC
    • 869 18 Reuters The syariah imposes stricter rules on lending, bans certain structures, funding [HONG KONG] The global credit crisis presents the US$l trillion Islamic finance industry with an opportunity to expand its appeal beyond devout Muslim investors as a haven from speculative
      – Reuters  -  869 words
    • 323 18 -AFP [DUBAI] The government of Dubai, which is vying to become a global financial hub, vowed on Sunday to crack down on corruption amid a series of probes into alleged financial irregularities in high-profile firms. "The government will continue to have a
      -AFP  -  323 words
    • 8392 18 UNIT TRUSTS FUNDS I UNIT TRUSTS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 2.022/ AIGIF Spore Bond Fund/A 1.342/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.9/ APS Alpha Fund (USD)! A 0.64/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD
      8,392 words

  • ASIA-PACIFIC/WORLD
    • 353 19 [DUBLIN] Europe's trade deficit widened to the biggest in almost two years in June as a cooling global economy and the euro's advance against the dollar undermined export growth. The euro region had a seasonally adjusted deficit of three billion euros (556.2 billion),
      353 words
    • 490 19 Reuters Stocks jump 4%, rupee strengthens as market gets relief from uncertainty [ISLAMABAD] Pakistan's President Pervez Musharraf announced yesterday that he was quitting office for the sake of the nation, rather than face impeachment charges that he said were false. "Whether I
      – Reuters; REUTERS  -  490 words
    • 269 19 AP [TOKYO] Mitsubishi UFJ Financial Group Inc and UnionßanCal Corp agreed on a tender offer at a raised price of U5573.50 a share in a deal worth US$3.5 billion, the Japanese bank said yesterday. Japan's biggest bank has been trying to
      AP  -  269 words
    • 623 19 -Bloomberg lt may underperform Rio for second time since making offer [MELBOURNE] BHP Billiton Ltd, the world's largest mining company, may report a 30 per cent gain in second-half profit, underperforming its takeover target Rio Tinto Group for the second straight period
      -Bloomberg  -  623 words
    • 290 19 Reuters [MOSCOW] The political fallout from the Russian incursion into Georgia may be great in terms of Moscow's relations with the West, but the impact on its asset classes looks set to be shortlived. For while a decade ago Russia plunged into a
      ■ Reuters  -  290 words
  • Page 19 Advertisements
    • 2102 19 In the matter of IN THE MATTER OF I?^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ The Companies Act, Cap 50 THE BUILDING MAINTENANCE AND w And STRATA MANAGEMENT ACT 2004 ,^^^V^^ In the Matter of AND '^^S'LJ^p*^' IDMASTINFOCOMMSPTE.LTD. WfflE MjOTBJW U»HTIH (2) NEATA BEVEL PTE LTD »I,ri TECHNOLOGIES ,31^t s Ee Nrv!c Ne EsER^?t& marine THE
      2,102 words

  • BEIJING 2008
    • 613 20 Reuters Liu's painful exit casts huge shadow on China's Games as stunned fans weep [BEIJING] Chinese fans were stunned into silence and tears as national hero and 110 m hurdles Olympic champion Liv Xiang hobbled out of the Games injured yesterday. The painful departure of
      – Reuters; AP, AFP, REUTERS; XINHUA  -  613 words
    • 607 20 Reuters [BEIJING] In a remarkable turnaround just 12 years after Britain collected a solitary gold at the Atlanta Olympics and finished way down in 36th place, the country is enjoying its best Olympic performance since 1920. Britain has so far captured 12 golds
      Reuters; AP  -  607 words
    • Article, Illustration
      149 20 AUGIB GOLD SILVER BRONZE TOTAL China 39 14 14 67 United States 22 24 26 72 Great Britain 12 7 8 27 Australia 11 10 12 33 Germany 9 7 7 23 Russian Fed 8 13 15 36 South Korea 8 9 6 23 Japan Italy 8 6
      149 words
    • 272 20 Reuters [BEIJING] Usain Bolt negotiated the next step in his bid to win both Olympic sprints when he strolled through the second round of the 200 metres yesterday. Bolt, who coasted to 20.64 seconds in his morning heat, was marginally faster at 20.29
      – Reuters; REUTERS  -  272 words

  • AVIATION
    • 791 21  -  NEETA LAL Agents threaten to stop sales over plan to scrap 5% fee By in New Delhi INDIA'S travel sector could be in for a bumpy ride as agents across much of the country threaten to stop taking bookings after airlines moved to
      BLOOMBERG  -  791 words
    • 172 21 Reuters [SHANGHAI] Air China's passenger volume fell for a third straight month in July, hit in part by strict airport safety checks in the run-up to the Beijing Olympic Games. Air China, the country's flag carrier, also saw a 58.05 per cent year-on-year jump
      ■ Reuters  -  172 words
    • 421 21 Bloomberg [SHANGHAI] China Southern Airlines Co, Asia's largest carrier by passenger numbers, said that it expects "a long period of hardship" after reporting a five-fold increase in first-half profit. The carrier will redeploy capacity and seek to raise more revenue from first and business-class cabins
      – Bloomberg  -  421 words
    • 2471 21 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: 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:
      2,471 words
  • Page 21 Advertisements
    • 142 21 r BT/ZUJI Deals of the Week 1 ij^^ aaWW BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from Beijing $2,340 $544 $56 I Air China Air China DESTINATION BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER Tokyo I $2,800 (Malaysia Airlines) I $459 (Northwest) 105 Rain Bangkok $525 (Swiss International)
      142 words
  • Page 21 Miscellaneous
    • 407 21 CRYPTIC CROSSWORD ACROSS I Hand joint round and get a punch! (7,8) fi I |2 I [3 I [4 I |5 I [6 I [7 I |8 9 The girl has to ring back for some 10 Crossing place in order (7) 9 II Press and TV etc, aimed to
      407 words

  • EDITORIAL & OPINION
    • 525 22 IT is good that the Bush administration has decided that it is not looking for a military confrontation with Russia over Moscow's attack on Georgia. After days of tough talk, which at times seemed as if the US was set to order the
      525 words
    • 1245 22  -  HARISH MEHTA Despite short-term economic worries, the country's longer-term prospects are attractive ALTHOUGH torrential rains and overflowing rivers have wreaked the worst flooding in decades to Vietnam in recent days, the country is in fact doing rather well economically. Vietnam is on the
      REUTERS  -  1,245 words
    • 798 22  -  LEON HADAR THE BOTTOM LINE RUSSIAN Prime Minister Vladimir Putin has complained that while the United States and its Nato allies have demanded that the province of Kosovo be allowed to declare its independence from Serbia and be recognised by the
      798 words
    • 1115 23  -  KOK MOI LRE Here are some pointers that will help alert investors to statements that do not seem consistent with the industry, business practices or market devts By INVESTORS rely on a company's financial report to evaluate if it will make a
      AP  -  1,115 words
    • LETTERS TO THE EDITOR
      • 194 23 WE refer to the commentary, "Better disclosure needed on share payment scheme", by Jamie Lee (BT, Aug 14). Catalist sponsors are to act professionally at all times and manage any conflicts of interest as required under Catalist rules. Only sponsors with high standards and good track records have
        194 words
      • 648 23 WE refer to the articles titled "Catalist sponsor's stake sparks debate" and "Better disclosure needed on share payment scheme" in The Business Times on Aug 13 and 14 respectively. We would like to address certain concerns and issues arising from these
        648 words
      • 215 23 WE refer to the report, "Whistle-blower halts CFO appointment at Innovalues" (BT, Aug 15). The board of directors of Innovalues would like to make the following points: 1) The group is fully aware that hiring procedures need to be redressed, but would like to highlight
        215 words
    • 885 23  -  CAROLINE BAUM Bloomberg ALAN Greenspan has presided over more 100-year events in the last 20 years than the rest of us do in a lifetime. As chairman of the Federal Reserve from August 1987 to January 2006, the Maestro was ahead of the pack when
      Bloomberg  -  885 words


  • SHIPPING
    • 284 24 Bloomberg Group's plan comes as it buys Aker Yards, Europe's largest shipbuilder [SYDNEY] STX Group, owner of the world's fifth-larg-est shipyard, will start building cruise liners and offshore oil rigs and platforms through the South Korean company's takeover of Aker Yards
      Bloomberg; AFP  -  284 words
    • 79 24 Reuters [KUALA LUMPUR] Malaysian liquefied natural gas (LNG) shipper MISC Bhd yesterday reported a 9.2 per cent decline in first-quarter net profit, due to weaker container shipping demand due to the global economic slowdown. It earned a net profit of RM522.9 million (*****.8 million) in
      Reuters  -  79 words
    • 450 24 -AP Plan is to put the 2 Americans, 1 Briton on int'l wanted list [TOKYO] Japanese police are pursuing arrest warrants against three activists from the US-based animal rights group Sea Shepherd for allegedly attacking Japanese whaling ships last year, an official
      -AP  -  450 words
    • 261 24 Reuters But Michael Glos backs bid by Hamburg investors [FRANKFURT] German Economy Minister Michael Glos would be pleased if a group of Hamburg investors won the bidding race for TUl's Hapag-Lloyd unit but said that a foreign buyer would not necessarily
      – Reuters; REUTERS  -  261 words
    • 513 24 Bloomberg [LONDON] The cost of shipping Middle East crude to Asia, the world's busiest route for supertankers, may extend two days of declines because there are too many vessels available for hire and competing for cargoes. There are 65 very large crude
      – Bloomberg  -  513 words
    • TRANSPORT STOCKS
      • 109 24 '000 18 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 MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises unch 0.36 2.10 0.64
        109 words
      • 39 24 '000 18 M$ Vol Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.80 8.75 8.50 3.48 unch 0.15 unch unch -0.10 unch -0.04 unch unch unch 6 952 1765 659 0 70 0
        39 words
      • 15 24 '00 18 Bahl Vol Precious Ship Regional Cont 21.20 16.10 0.70 -0.10 2217 700
        15 words
      • 6 24 '000 toil .27.45 -1.50 162.
        6 words
      • 26 24 '000 gig 18 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.40 29.50 unch unch 0.10 ***** unch 20 unch 0 unch 0
        26 words
      • 19 24 Evergreen Marine ...19.80 :irst Steamship 57.40 /Van Hai Lines 16.95 fang Ming Marine...17.80 -0.50 -2.20 -0.35 -0.55 1'
        19 words
      • 43 24 '000 18 Yen Vol Kawasaki Hvy Ind ..258.00 10.00 ***** Kawasaki Kisen 811.00 2.00 ***** Mitsubishi Hvy 555.00 10.00 ***** Mitsui Eng&Sbldg...251.00 6.00 ***** Mitsui Osk Lines ...1316.00 -7.00 ***** Nippon Express 462.00 9.00 3483 Nippon Yusen 895.00 -5.00 7080 Source: Reuters
        43 words
  • Page 24 Advertisements
    • 87 24 AXE DISCOVER asc anVs YOURSELF! sut nnTHxric th*t she c*itt H^nsx-EM (IN ENGLISH) With just a birth date, Tune in to the New Morning Show. +q L-i-iqia/ VOUT Shake Bake with Suz and Sheikh. Character Monday to Friday, 6AM -10AM. Lucky colours RADIO 100% PURE FUN Q1 iFM 1900-914-0002 W
      87 words

  • SINGAPORE STOCKS
    • 7152 25 Transaction date: Aug 18 52-wks Tel High Low Code Last Sale Vol Day Last Quote ('000) High Low Buyer Seller Div GrYld Net C'vr P/E MCap $mil Company 5716 1st Software 16 5.5 3148 STelecom 21.5 6.5 5834 A-Sonic 110 100 6389 ABFSGBondETF 24 11.5 1938 AEI Corp
      7,152 words
    • 61 25 52-Wk Tel Last Vol Day Last Quote Div GrYld Net MCap fur W. P/F tmil 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 6170 SPDRS 398.3 282 6009 STI ETF US200 US6200 US1000 US***** US***** 282 -5 103 287
      61 words
    • 1770 25 Hii |h Low Code Comi >an' Sale C000] Hii Low Bu1 fer Seller Cvr P/E $mil 20 11.5 1181 s AAGrp 31 15 5000 s ABR Hldgs 32 18 8538 s APStrategic 10 2 1501 s Advanced System 38 19 3518 s Afor 42 8 1524 s Alantac
      1,770 words
    • 210 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
      210 words
  • Page 25 Advertisements
    • 47 25 ROYAL OAK COLLECTION WHERE EXTREMES MEET 7 OK Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED l*/'«' ■<>*-?' =<W'■ "--■■if*^'^l P 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 J*mT T V^tfl\i[iJ- g£-fcSi7 *l |\S .3, Internet: Http://www.audemarspiguet.com (^.^CKi*iiisi---«-jssP^"~*v "S" V- C
      47 words

  • FINANCE & COMMODITIES
    • 371 26 AII (J 15 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminary 962.7 0.1 -14.9 0.4 -16.8 -0.3 -15.! EAFE Preliminai 904.5 0.2 -19.3 -0.1 -21.2 -0.8 -20.0 Euroi Prelim inan
      371 words
    • 131 26 As at 9am Aug 18 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2260 1.2400 .an dollar 1.3280 1.3430 Euro 2.0700 2.0930 NZ dollar 0.9940 1.0150 iterlini ind 2.6270 2.6571 US dollar 1.4050 1.4200 Local dollars to 100 units of foreign
      131 words
    • 155 26 Aug 18 Xierniqht -month -months l-months Overnight mode: 1/2 JS$ 5/8 1 1 1/8 1 3/16 Offer 1/2 7/8 1 1/16 BJd 1 days I month I months months d months months I I. (All 2.40 2.61 2.83 3.03 3.20 3.33 3.43 Offer 2.30 2.51 2.73 2.93 3.10
      155 words
    • 25 26 Aug 18 ten Jii Sett >TI ilMSCI Aui 342.5 345.3 340.9 'aiwan Aui 277.9 278.5 269.8 Source: MF Global (S) He. Ltd
      25 words
    • 24 26 Aug 18 SS Bid Offer 1-month 1.4100 1.4114 2 months 1.4081 1.4096 3-months 1.4061 1.4076 6 months 1.4009 1.4026 Source: OCBC
      24 words
    • 279 26 Aug 18 RSS 1 (S cents/kg) Month Hii Close Sett Volume (tonnes) Open Interest Low Sep 08 Oct08 Nov 08 Dec 08 Jan/Mar 09 Apr/Jun 09 404.25 401.50 398.00 396.25 394.50 396.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      279 words
    • 100 26 Aug 15 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Sep 08 1211.50 1265.25 1230.00 1195.25 Nov 08 1219.00 1274.00 1241.00 1204.00 Jan 09 1236.75 1292.00 1255.00 1223.00 Mar 09 1252.50 1308.00 1306.00 1242.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 08 50.04 52.12 50.60 49.72
      100 words
    • 77 26 CRUDE OIL PRODUCTS Aug 15 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 110.66 -3.07 WTI (Near Mth) 113.72 -0.96 Dubai (1-Mth F) 108.76 -2.93 Tapis blend 120.45 -3.85 Minas 114.35 -4 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 108.32 133.05 -3.13 -4.05 US$/barrel Opec Oil
      77 words
    • 466 26 Aug 18 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound US! Australia 0.922 5.989 0.591 6.807 37.677 80.059 0.961 9.119 2.903 1.228 65.663 39.376 1.231 6.842 0.955 27.282 29.493 0.467 0.871 Canada 1.085 6.498 0.641 7.385
      466 words
    • 90 26 Aug 18 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****S 20.11.08 1-Year BY*****N 04.05.09 0.80 0.99 0.88 0.71 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low Hi, 2-Year NX*****T 4.625 5-Year N *****0V 1.625 7-Year N*****0S 2.875 10-Year
      90 words
    • 75 26 Aug 18 (US$) (SS) 2.***** 1.***** 6mths 1.***** 9mths 1.***** 12mths 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs 2.*****
      75 words
    • 59 26 Aug 18 Delivery Month Opening Sett Av Range Price Price Hi Vol Open Done Position Low SepO8 2440 2484 2484 2418 606 3063 Oct08 2415 2485 2485 2411 1793 ***** Nov08 2440 2485 2485 2408 5995 ***** Dec 08 2461 2485 2485 2408 1438 5606 Total o/p: *****
      59 words
    • 138 26 Aug 18 (US! f/oz) Aug 18 Aug 15 Hong Kong London 798.40 783.80 799.40 784.80 Aug 14 Aug 15 816.10 779.00 817.10 780.00 Source: Reuters CAST BAR (S$) Aug 18 Buying Sellini Kilobar "39,266.86" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      138 words
    • 68 26 AugiS ,luminium, 99.7% urity (US$/tonne) Close Previous Cash 2730.00 2724.80 3 months 2780.00 2776.00 Copper, Grade A (US$/tonne) Cash 3 months 7439.00 7360.00 7442.00 7385.50 Lead (US$/tonne) Cash 1690.50 3 months 1670.00 1679.00 1660.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00
      68 words
    • 74 26 Aug 15 (£/tonne) Close Prev Hii ih/Low SepO8 1440 1479 1481/1436 Dec 08 1449 1487 1490/1440 Mar 09 1451 1487 1487/1443 May 09 1456 1491 1485/1450 COFFEE (US$/tonne) Close Pev High/Low SepO8 2174 2213 2216/2171 Nov08 2205 2238 2243/2202 Jan 09 2185 2221 2222/2184 SUGAR (US tonne) White Close
      74 words
    • 156 26 Aug 18 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2298 1.2315 0.8709 0.8714 'anadian dollar 1.3346 1.3358 0.9451 0.9452 Euro 2.0806 2.0825 1.4734 1.4735 NZ dollar 1.0017 1.0032 0.7094 0.7098 iterlin. 2.6360 2.6386 1.8667 1.8670 US
      156 words
    • 312 26 Aug 18 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO8 DecO8 MarO9 JunO9 97.1450 96.9250 96.9350 96.8200 ***** ***** 6542 4078 EUROYEN TIBOR FUTURES SepO8 99.165 99.170 DecO8 99.255 99.275 MarO9 99.245 99.300 JunO9 99.250 99.280 SepO9 99.200 99.210 DecO9 99.150 99.150 Mar10 Jun10 99.165 99.255
      312 words
    • 3638 26 BONDS WARRANTS Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ('000) Ratio Price ing Left 2058 Advance Modules Grp W*****3 6 susp 2036 Advance SCT Ltd W*****9 0.5 unch 3 ArianeCorp Ltd W*****9 0.5 9092 Asia Environment W*****4 17 4481 Asia Water Tech Ltd
      3,638 words

  • Page 27 Advertisements
    • 2438 27 m The Business Times Shipping Times m \\V^KBSIBBa\ \\\aaa\immV Wbßj£|!|£; t IP .I IIUU I WAN HAI INTERNATIONAL PTE LTD ft^l L# #^^Wl^^^W ■JJiil^W.MJWlliM'feftiiiiiH VxKI\IAIAM UAI lIMrC TEL *****588 FAX:*****163 1 mßMmikWtmrWaM \\V4 WAN HAI INtS Customer Servi<e/B».kings Dire<l Line (1800) *****200 llW"lSMl(lw3?Haffl«l«liffiM WWJJT»I» lim hlllha* PKI TEL: (03) *****888
      2,438 words

  • Page 28 Advertisements
    • 3168 28 to AUSTRAL ASIA LINE |K|^| H R H H H I tigjk 3®ifQ|^ Jf-CL-J AS A AUSTRALIA SERVICE Accepting Container/10/Sreakbulk/Project Moj*m2sM -s-^/w ISSZ^o^o^o^o^K!ll^o^o^oV[fl^o^oVni^o^o«l^o^o^Klll^o^oV3l^o^o«li^o^ lg^s« WEEKLY EXPRESS SAILING SCHEDULE I CAPE CONWAY 10A8 15/08 20/08 19/09 24/08 28/09 02/10 H^MH ItliTHTflfllflnißSfllflMTlTlWlS'l-ITFB-^ CAPE MORETONIIAB 18/09 27/09 02/10 14/10 18/10 22/10 26/10 m^^jjjjjjjj^j^jjjjj^^jji^
      3,168 words

  • Page 29 Advertisements
    • 3228 29 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
      3,228 words

  • INDUSTRIAL SPACE
    • 1200 30 JTC went full steam ahead with reforms and restructuring during the '97 slump, says CLARISSA TAN THE 1990s was an exciting decade. Singaporeans, along with the rest of the world, invested in dotcoms, watched Seinfeld and started sipping Starbucks. But globalisation also meant that
      1,200 words
  • Page 30 Advertisements
    • 120 30 This series is brought to you in conjunction with JTC's 40th anniversary. 40 r£ TTP CorDoratlon 1968-2008 -orporonon Just 15 minutes from Singapore's business district you will find a business park Dill ILJ yUUI l defined by superb contemporary architecture and lush landscape. Everything hi <~_in.-i<~_ <~_ D_-_ <~_ <~_iOn
      120 words

  • PROPERTY
    • 717 31 Bloomberg Property slump deepens as banks starve market of mortgage loans [LONDON] UK house prices posted the biggest annual decline since at least 2002 as banks choked off mortgage lending, deepening London's property slump, Rightmove pic said. The average asking price
      Bloomberg; REUTERS  -  717 words
    • 286 31 Reuters [WELLINGTON] Housing affordability in New Zealand improved to its best level in 18 months in July, driven by lower interest rates and a cooling property market, a mortgage broker said yesterday. Wizard Home Loans said an average homebuyer needed to spend 77.4 per
      – Reuters; BLOOMBERG  -  286 words
    • 243 31 Reuters [MADRID] Spanish property firm Metrovacesa is quadrupling its sale of assets, company documents show, as it struggles to refinance assets bought at the top of Britain's property boom and faces a property crisis at home. Details of the firm's revised business plan,
      – Reuters  -  243 words
    • 712 32  -  KALPANA RASHIWALA But DTZ says Spore commercial property sales in Q2 fell 24% from Q1 By INVESTMENT sales of property in Singapore slowed in the second quarter of this year, but the sales of The Atrium Orchard (US$6l7 million) and
      DTZ Research  -  712 words
    • 327 32 Xinhua [BEIJING] Property investment has slowed in China since mid-year, both in value and land area, amid tighter credit and buyers' uncertainty, official statistics released yesterday show. The National Bureau of Statistics said that between January and July, investment in real estate development totalled 1.588
      – Xinhua  -  327 words
  • Page 31 Advertisements
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    • 116 31 Tannery Lane I Liquidator's Sale 6 storey factory building with I Land approx. 30,098 sq ft I Gross floor area approx. 82,727 sq ft I t\k*~ -BM-It I Near Aljunied MRT station I For further enquiries, please call I 6494 3866 6494 3867 6220 3888 I Company Reg No. *****4794
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    • 163 31 For Sale By Tender Large Bungalow Site At Mountbatten Road I ~^^H Land area: approx. 31,820 sqft t7~^-Sv~~~---~-_ C"^ 'Tenure: Freehold ~"jp£s_^~--^ \g\ Rare 2-storey conservation I I bungalow with possible new I M S W\ Y\ extensions o fel §1 Y\ Potential for subdivision of land p\ o Prominent
      163 words

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    • 279 32 ZAP HERE for the latest M j property updates! To Zap*: 1. Install the Color Cam™ software in your mobile phone by a. typing the word 'Zap sms ***** b. typing "zapcode.sg" in the web browser of your handset 2. Trigger the Color Cam™ software (located either in "Games" or
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