The Business Times, 24 October 2008

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Total Pages: 32
1 32 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg •■f* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Friday, October 24,2008
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  • 682 1  -  LEE U-WEN China's first bilateral pact with Asian country will give Spore firms big cost advantage in huge market By in Beijing TWO years and eight rounds of discussions finally bore fruit when Singapore and China inked a historic
    682 words
  • 673 1  -  RONNIE LIM Collapse in demand for their products has negated benefits of lower oil By [SINGAPORE] Today's lower oil prices which at around US$7O are half of July's peak of US$l47-plus a barrel while helping to reduce feedstock and fuel
    673 words
  • MARKETS DIGEST
    • 42 1 1 COMP 891.32 -12.96 IIKKEI225 8,460.98 -213.71 IANG SENG 13,760.49 -506.11 ;et index Closed JAKARTA COMP 1,337.20 -42.54 1ANILA COMP 1,995.92 -97.09 ;eoulcomp 1,049.71 -84.88 ;henzhenb 254.71 +0.04 IUMBAI IND 9,771.70 -398.20 12NOON EDT Cham )OW 8,657.08 +137.87 IASDAQ 1,615.37 -0.38
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    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 16.761 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 4.50 US 4.50 CANADA 4.00 SWITZERLAND 3.01 INDIA 13.75 Source:
      Bloomberg  -  29 words
    • 42 1 IS$ (S$ per US$) 1.502 (USS/SS >er 1.632 2.451 URO (US$/S$/E) 1.282 1.926 Foreign currency per US$ S$ 'EN 97.60 64.90 3.570 2.376 m 7.753 5.161 !AHT 34.70 23.10 lUPIAH 9,945 6,619 lENMINBI 6.835 4.550 INDIAN RUPEE 49.79 33.14 1.500 0.998
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  • Page 1 Miscellaneous
    • 124 1 ADVENTURE ~^^|jL INVESTMENTS CORPORATE RESULTS BE INSPIRED I —I Branson starts assault I GIC RE to up stake Keppel Corp Q3 earnings Zap for daily inspiration. on transatlantic record in Aussie group rise 10.2% Win a Nikon Digital page 19 A-C 1 page 2 page 5 Camera! page 13 I—^^^
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    • 40 1 •When you have Jr 1 contagion in such a crisis, logic gets thrown \^lM^~Y^ out. Investors shoot \_J^ wt Morgan Stanley's chairman for Asia, JM J Conversation I m MANAGING IN TURBULENT TIMES Liew Mun Leong CEO, Capita Land f
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  • TOP STORIES
    • 504 2  -  ARTHUR SIM Up to As7oom extra investment will boost 2.2% shareholding in GPT Group By [SINGAPORE] The Government of Singapore Investment Corporation (GIC), through its real estate arm, will invest up to As7oo million (Ss7os million) in Australian property trust
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    • 502 2  -  LEE U-WEN SFI project will breed pigs, process and export pork By in Beijing SINGAPORE is beefing up efforts to ensure its food security for the long term, with discussions underway to see how to best develop a "food zone" in Jilin province
      AP  -  502 words
    • THREE-MINUTE DIGEST
      • 79 2 TWO years and eight rounds of discussions finally bore fruit when Singapore and China inked a historic free trade agreement yesterday, one that will see tariffs for almost all goods moving between the two countries abolished from January. Also significant
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      • 68 2 TODAY'S lower oil prices which at around US$7O are half July's peak of US$l47-plus a barrel while helping reduce feedstock and fuel costs, have done little else to cheer manufacturers and businesses in Singapore. Their bigger concern is falling demand
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      • 73 2 THE Government of Singapore Investment Corporation, through its real estate arm, will invest up to As7oo million in the Australian property trust, GPT Group in which it already has a 2.2 per cent stake. While GPT Group is one of Australia's
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      • 46 2 GOLDMAN Sachs Group Inc is cutting about 10 per cent of its workforce, or about 3,260 jobs, amid the ongoing downturn in the credit and lending markets, a source briefed on the plan said yesterday. TOP STORIES, PAGE 4
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      • 71 2 KEPPEL Corp managed to maintain its growth momentum in the third quarter with a 10.2 per cent rise in profit to $272.9 million on the back of a 24.1 per cent increase in revenue to $3.2 billion. Profit for the first nine months
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      • 48 2 CAPITACOMMERCIAL Trust has reported a distributable income of $43.2 million for the quarter ended Sept 30, up 46.1 per cent from the $29.6 million reported a year ago. It was also 3.8 per cent above the Reit manager's forecast. COMPANY NEWS, PAGE 7
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      • 68 2 SINGAPORE'S inflation rate inched upwards last month as September's consumer price index rose 6.7 per cent from the same month last year, compared to August's 6.4 per cent increase year on year. The jump in September's CPI was largely due to higher
        68 words
      • 83 2 A STRING of corporate failures is highlighting Hong Kong's vulnerability to the global financial crisis. As demand slows and credit dries up, bankruptcies are expected to gather pace in the next few months. The city's third-largest electronics retail chain, Tai
        83 words
      • 73 2 LINES that ship commodities will begin to collapse within the next six months and "significant" numbers may fail within two years, according to Fearnley Fonds ASA. Record declines in hiring costs for ships to carry coal, ore and grain mean that owners will
        73 words
    • 377 2  -  EMILYN YAP By [SINGAPORE] Standard Chartered will continue to hire talent even as it navigates the financial storm, says group chief executive Peter Sands. Speaking at the Singapore Human Capital Summit yesterday, he advised: "This is not the time to be cutting
      377 words
    • 518 2  -  CONRAD TAN By [SINGAPORE] DBS Group's shares plunged for a third day yesterday to their lowest in more than five years, after the bank said that it expects to spend up to $80 million compensating customers who bought structured products linked to bankrupt
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    • 433 4 -AP That's about 3,260 jobs, taking staffing back to levels in 2006, says source [NEW YORK] Goldman Sachs Group Inc is cutting about 10 per cent of its workforce, or about 3,260 jobs, amid the ongoing downturn in the credit and lending markets,
      -AP  -  433 words
    • 691 4 Reuters Issue paves way for other UK, US banks to raise capital [LONDON] Barclays on Wednesday attracted solid demand for its first-of-its-kind sale of debt which carries a government guarantee under a programme put in place last week as part of a broader bank rescue plan.
      – Reuters; AP FILE PHOTO  -  691 words
    • 643 4  -  YEN SREENIVASAN It'll take about 5 yrs for Wall St to regain peak of Oct 2007 By [SINGAPORE] Although the danger of further bank failures has receded following liquidity injections, continuing waves of redemptions, hedge fund unwindings and massive asset deleveraging will send
      JS Census Bureau, Standard & Poor's  -  643 words
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    • 233 3 I Guest-of-Honour Brigadier-General (NS) CHOI SHING KWOK -A Permanent Secretary, Ministry of Transport ilJnra -*i 1 n -r i .i i r r»« Q *^^Bm^ |J«ir^ Penjuru Terminal is now the new home tor Singapore s IC-t gßgeg^ljCPW *<EHKi3Si im'nal lighterage and ship-chandling communities. s f j Reliably and timely
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  • COMPANY NEWS
    • 596 5  -  VINCENT WEE Revenue jumps 24% to $3.2b, boosted by new orders; O&M biggest earner By KEPPEL Corp managed to maintain its growth momentum in Q3 with a 10.2 per cent rise in profit to $272.9 million on the back of a
      596 words
    • 307 5  -  NISHA RAMCHANDANI The subsidiary of Temasek-linked ST is evaluating options By Ambrosia Investments, a wholly owned subsidiary of Temasek-linked Singapore Technologies, is evaluating options regarding its stake in Singapore Food Industries Limited (SFI). Ambrosia Investments holds a 69.68 per cent stake in SFI, making
      307 words
    • 603 5  -  SIOW LI SEN AMID the raging financial markets crisis, there was a curious announcement this week from the Monetary Authority of Singapore (MAS). On Tuesday, the regulator said that, given the current turmoil, the three local banks can reappoint the same audit firm beyond five years
      603 words
    • 493 7  -  ARTHUR SIM Results boosted by higher gross rental income and income from 1 George St By CAPITACOMMERCIAL Trust (CCT) has reported distributable income of $43.2 million for the third quarter ended Sept 30, up 46.1 per cent from $29.6 million a year earlier and
      FILE PHOTO  -  493 words
    • 386 7 Strong performance by Causeway Point and Anchorpoint FRASERS Centrepoint Trust (FCT) has announced distribution per unit (DPU) of 2.05 cents for its fourth quarter ended Sept 30, a 23 per cent increase from Q4 last year, manager Frasers Centrepoint Asset Management (FCAM) said
      FILE PHOTO  -  386 words
    • COMPANY BRIEFS
      • 70 7 OUHUA Energy Holdings issued a profit warning yesterday, saying it expected to report a loss for Q3 2008 and for the nine months ended Sept 30, 2008. This is due mainly to a decline in sales ofLPGinQ3 2008 as a result of strong competition
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      • 70 7 ARMARDA Group, an information technology services group, said yesterday that while the group would remain profitable for the third quarter of FY2OOB, net profit for the period is expected to be lower compared with the year-ago period. The decline resulted principally from reduced service revenue
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      • 45 7 SIHUAN Pharmaceutical has won the distribution right for the already popular drug Edaravone in China. Under the agreement, the company will pay three million yuan (*****,000) for the right to distribute the drug for five years starting from Oct 8.
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    • 463 8  -  VINCENT WEE Higher time charter rates and vessel capacity utilisation boost earnings By MERCATOR Lines (Singapore) almost doubled profit in its second quarter ended Sept 30 to U5524.9 million on revenue of US$55.B million, despite a volatile dry bulk shipping market. For the first
      FILE PHOTO  -  463 words
    • 209 8 OCBC Bank has appointed Fang Ai Lian and Colin McCarthy non-executive directors from Nov 1. Mrs Fang is chairman of Great Eastern Holdings, the insurance subsidiary of OCBC Bank. She is a former chairman of accounting firm Ernst Young and serves on
      209 words
    • 481 8  -  LYNETTE KHOO CHINESE LISTINGS Reports by SOME 200 enterprises in Chongqing are restructuring for listing, and the Chongqing municipal government is interested in promoting Singapore as a choice listing destination, says Yang Xuan Mm, deputy head of Chongqing Financial Affairs Office.
      481 words
    • 364 8 CITING the worsening global economic climate, Delong Holdings said that it expects to incur a loss for the third quarter ended Sept 30 due to eroding margins. The Chinese manufacturer of hot rolled steel coils also confirmed a Reuters report that it
      364 words
    • 710 8 Chongqing premium property developer undertakes projects involving urban renewal TAKING on the new name of Ying Li International Real Estate, former Ca-talist-listed Showy International will start trading on the mainboard of SGX this afternoon. This follows a reverse takeover of Hong Kong-incorporated Fortune Court
      YEN MENG JIIN  -  710 words
    • 110 8 Three months ended Sept 2008 Nine months em ided Sept 2008 NET PROFIT TURNOVER NET PROFIT TURNOVER CURRENT I PREVIOUS CHNG CURRENT PREVIOUS %CHNG CURRENT PREVIOUS CHNG (Sim) (Sim) (Sim) CURRENT I PREVIOUS %CHNG (Sim) I 1 Keppel Corp 272.86 247.69 10.2 3,216.46 2,591.42 24.1 833.88 757.70
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  • SINGAPORE MARKETS
    • 588 6  -  R SIVANITHY STOCKS Losses in DBS, UOB and OCBC were instrumental in the STI finishing 75.46 points or 4.1% lower at 1,745.67 THE Straits Times Index (STI) took another beating yesterday in the wake of a Wednesday Wall Street sell-off that spread throughout the region
      : Bloomberg  -  588 words
    • 93 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 13 1 0 0 0 3 13 1 lanufacturing 32 91 50 14 35 100 64 Commerce 13 39 12 14 45 12 'pt/Stor/Comms 10 23 10 25 :inance 30 30 Construction 11 14 'roperties
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    • 116 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 31,643 31,643 87,427 87,427 lanufacturing 231,339 17,573 248,912 124,901 721 125,622 lommerce 97,221 4,164 101,385 73,607 676 74,283 'pt/Stor/Comms 148,123 404 148,527 204,903 61 204,963 :i nance 60,489 60,489 459,567 459,567 lonstruction 13,365 7,817 21,182 1,340 198 1,537 'roperties
      116 words
    • 102 6 lapitaLand 2.770 lapitaMall 1.740 -0.220 jtyDev 6.560 +0.060 losco Corp 0.725 +0.020 IBS Grp 10.980 -0.620 :&N 2.750 -0.130 ient Intl 0.395 iolden Agri 0.185 IK Land 2.460 +0.100 IMH 18.500 -1.340 ISH 10.100 -0.420 lardineC&C 10.200 -0.740 Ceppel Corp 4.000 -0.170 Ceppel Land 1.680 -0.120
      102 words
    • 933 6  -  LYNETTE KHOO Pacific Shipping Trust Oct 23 close: USSO.23 OCBC INVESTMENT RESEARCH, Oct 23 ACQUISITIONS boost Q3: Pacific Shipping Trust (PST) posted USsll.2 million in revenue for Q3OB, up almost 12 per cent q-o-q due to the first full quarter contribution from new vessel Kota Naga and 14
      933 words
    • 526 6  -  LARRY WEE CURRENCIES WORRIES about a deepening global slowdown brought more painful losses to the world's bourses yesterday, and allowed the US dollar and Japanese yen to post impressive new 2008 highs yet again in Asia. And, this time around, it was
      Reuters  -  526 words
    • 4 6 DAILY
      4 words
    • 59 6 Oct23 VALUE CLOSE BT OB/OS -1287.00-150.00 BT CADI -*****.00-191.00 BT 10-day MA -*****.00-128.00 FTSE ST Mid Cap 354.78 -12.10 FTSE ST Small Cap 294.87 -4.54 FTSE ST All Share 418.93 -16.65 FTSE ST China Top 156.37 -0.14 FTSE ST China 157.69 -0.04 UOB Catalist 80.21 -1.61 SIMSCI
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    • 60 6 VOLUME Noble Grp 47,584,000 Golden Agri 42,626,000 Sing Tel 36,218,000 Cosco Corp 32,374,000 China Honqxinq 29,587,000 Ezra 25,429,000 Bio-Treat 23,409,000 Anwell 22,240,000 AusGroup 20,412,000 Straits Asia 19,463,000 VALUE(S) DBS Grp 189,361,950 UOB 93,100,960 OCBC Bk 92,308,157 Sing Tel 84,078,060 SGX 71,416,480 Keppel Corp 58,370,904 Capita Land 50,650,550
      60 words
    • 92 6 CLOSE UP Portek 71 18.0 34.0 STI3300BNPePW*****0 156 18.0 13.0 HKLand 246 15.0 4.2 HLFin 222 15.0 7.2 Asia Pac Brew 1018 14.0 1.4 STI2450 DBePW*****1 139 14.0 11.2 STI2250 DBePW/*****2 105 13.5 14.8 STI2500BNPePW*****7 152 11.0 7.8 Sinoi 20 10.0 100.' UOBMBLePW*****4 79.5 10.0 14.4 BY PERCENTAGE CLOSE
      92 words
    • 111 6 :.93%Pref10 CLOSE DOWN 7900-620.0 -7.3 OCBCC GLD 10US$ 7182-507.5 -4.5 JMH 1850-201.2 -6.8 OCBC Bk5.1%NCPS 100 9040-130.0 -1.4 OCBC Bk4.5%NCPS 100 8180-120.0 -1.4 UOB 5.05%NCPS 100 9000-110.0 -1.2 OCBCO 5.1%NCPS 100 8820 -80.0 -0.9 Jardine C&C 1020 -74.0 -6.8 UOB 1380 -72.0 -5.0 DBS Bk6% NCPS 10 9836 -64.0
      111 words
    • 88 6 Wh lere S! >$ stands Oct 23 %CHNG YR2008 CLOSE FR Oct 22 S$ LOW S$ HIGH uss 1.5007 -0.20 1.5055* 1.3457 Euro 1.9263 0.39 2.2064 1.9078® Pounds 2.4394 0.62 2.8431 2.4197® AS 1.0017 0.62 1.3251 0.9389 Yen* 1.5384 -1.81 1.5537# 1.2619 Rupiah* 0.***** 0.25 0.***** 0.***** Baht* 4.3348
      88 words

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  • SINGAPORE NEWS
    • 900 9  -  KALPANA RASHIWALA It cites new retail space of 3.4 m sq ft available in '09, and spending slowdown By RETAIL landlords are headed for a rough patch as consumer spending weakens amid the economic downturn and with 3.4 million sq ft of
      900 words
    • 229 9 SINGAPORE-BASED business space provider Ascendas yesterday launched a 33-hectare integrated park project within China's Suzhou Industrial Park (SIP). Ascendas iHub Suzhou, the company's first IT and science park there, will cater to China's growing business process outsourcing, IT and research sectors. The first
      229 words
    • 421 9  -  ONG BOON KIAT By BUILDERS, operators and service providers of Singapore's new digital highway could face cost and complexity challenges on the road ahead, said accounting and business advisory firm Ernst Young. Yesterday, it issued a media release that studied the impact of
      421 words
    • SINGAPORE ROUNDUP
      • 53 9 THE inaugural SIA-NParks Skyrise Greenery Awards were presented to the developers, architects, landscape architects and landscape contract managers of Naumi Hotel, Newton Suites, One George Street, and Vivo City yesterday. The awards were jointly presented by the Singapore Institute of Architects and the
        53 words
      • 44 9 GILBERT Pak was appointed CEO of AXA Life Insurance Singapore from Oct 1. Before joining AXA, Mr Pak had 17 years of experience in the financial services sector and held various senior management positions across Asia.
        44 words
      • 53 9 SPRING Singapore yesterday launched a national standard, the SS 586, to provide guidance on the classification and labelling of hazardous chemicals. Various deadlines between end 2010 and end 2013 have been set for chemical users or manufacturers of single substances or mixtures to comply
        53 words
    • 380 9  -  TEH SHI NING By SINGAPORE'S inflation rate inched upwards last month as September's consumer price index (CPI) rose 6.7 per cent from the same month last year, compared with August's 6.4 per cent increase year on year. The jump in September's CPI
      380 words
    • 154 9 THE Public Service Division (PSD) is still studying whether to revise civil service pay. Private sector salary data is still being compiled, PSD said yesterday. "Given the recent turmoil in the financial markets and revised economic forecasts, PSD will need some time to study
      154 words
    • 523 10  -  CHUANG PECK MING SPORE HUMAN CAPITAL SUMMIT Talent remains scarce commodity; population lacks training, education By IN EUROPE, they speak of the financial crisis turning into a leadership crisis. There is no financial crisis in Asia at least not for now but
      523 words
    • 344 10  -  EMILYN YAP Capita Land chief cites family, state ownership as causes By WITH a business environment comprising many family- or state-owned corporations, Asia does not train enough effective chief executives, said president and CEO of Capita Land Liew Mun Leong. But within his property
      344 words
    • 372 10  -  CHUANG PECK MING By LEADERS can be groomed and, with this mind, the Workforce Development Agency (WDA) has developed a national "competency framework" that will not just underpin corporate leadership development in Singapore, but also chart leadership talent. "The leadership and people management skills framework
      372 words
    • 233 10  -  TEH SHI NING By SINGAPORE'S tripartite movement has weathered crises, but its sustainability may be challenged by volatility and demographic shifts. At the Singapore Human Capital Summit conference yesterday, Heng Chee How, deputy secretary-general of the National Trades Union Congress (NTUC), said aligning
      233 words
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  • ECONOMY WATCH
    • 526 11 Bloomberg Forecast is at odds with mortgage bankers body which expects 12% fall [WASHINGTON] US home builders expect sales of new single-family homes will rise 6 per cent next year after falling steeply this year. The National Association of Home
      Bloomberg  -  526 words
    • 483 11 Reuters [TOKYO] Japan's exports showed anaemic growth last month as the spreading global financial crisis ate into US and European demand for Japanese goods, prompting renewed speculation of an interest rate cut. A dive in car shipments to the United States and slowing demand from
      Reuters  -  483 words
    • 537 11 Bloomberg, Reuters [SINGAPORE] A possible bailout by the International Monetary Fund (IMF) may not be enough to save Pakistan from a credit rating cut, Standard Poor's (S&P) says. "It doesn't mean they are out of the woods," said Agost Benard,
      Bloomberg,; Reuters; i Reuters  -  537 words
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    • 628 11 V ThePnrtnPr Speaker: f pnnnprtinn Mr HyeongNam-Kyu, Director, Duo Marriage Co Ltd (Korea) wOnntJOTIOn )Yll fc| JiYjl I^Vll \l\ lY'l Industry forerunner Mr Hyeong established Korea's first membership-based marriage intelligence company Echorus in 1986 X N—-^O I If al PJ 4k i I I k 111 fc^^^UX'X^l and organised the
      628 words

  • MALAYSIA
    • 495 12  -  PAULINE NG Despite slide in oil price, it's holding up exploration, development work By in Kuala Lumpur DEMONSTRATING its intent to maintain exploration and development activity despite the rapid fall in oil prices, Malaysia's Petronas yesterday awarded contracts worth RMS billion (Ss2.l billion) to five local
      BLOOMBERG  -  495 words
    • 344 12 Bloomberg [KUALA LUMPUR] Opposition leader Anwar Ibrahim said he's running out of options to unseat the government, seven months after reducing the ruling coalition's majority to the smallest since independence. Anwar, 61, missed deadlines he set to have coalition lawmakers defect to the
      Bloomberg  -  344 words
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    • 3833 12 _L^l A. -l_^^-> I ij Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg IN THE MATTER OF IN THE MATTER OF In the matter of 1 I I KILT Ul Urtl niMrC I HUHTCn THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 The Companies Act, Cap. 50 IN THE MATTER
      3,833 words

  • GREATER CHINA/INDIA
    • 486 13  -  JANE MOIR Manufacturers with outfits in southern China face higher risk as costs climb By in Hong Kong A STRING of corporate failures is highlighting Hong Kong's vulnerability to the global financial crisis. As demand slows and credit dries up,
      486 words
    • 350 13 \FP [BEIJING] China announced a range of measures to boost the nation's ailing real estate market amid global financial turmoil, state media said on Wednesday, quoting the Finance Ministry and the central bank. The moves to help home buyers comes after a Cabinet
      \FP  -  350 words
    • 298 13 Reuters [MUMBAI] India's central bank on Wednesday raised the ceiling on overseas borrowing by domestic firms to US$5OO million from US$lOO million, a move aimed at boosting capital inflows and shoring up the rupee. A central bank statement posted on its website
      Reuters  -  298 words
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  • WORLD
    • 636 14 -Bloomberg [NEW YORK] GlaxoSmithKline and Merck Co's third-quarter profits fell, and Wyeth's was little changed, as safety concerns and competition from less-costly generic drugs have kept consumers away from some products. Merck, the third-largest US drugmaker, said on Wednesday that it would
      -Bloomberg; JOSEPH NAIR  -  636 words
    • 415 14 -NY I Mogul is unhappy with how writer has described his ties with 2 top execs [NEW YORK] Last year, in the gleeful afterglow of his deal for The Wall Street Journal, Rupert Murdoch agreed to cooperate with Michael Wolff, a columnist at Vanity
      -NY I  -  415 words
    • 544 14 LAT-WP It projects this year's sales to be over US$l b less than analysts' estimates [SAN FRANCISCO] The Web will not be spared from the slowdown in consumer spending that's threatening the all-impor-tant holiday shopping season. That much became clear on Wednesday when Amazon.com Inc,
      LAT-WP  -  544 words
    • 671 15 Reuters Unnerved clients, seeking soundness, shift assets to deeppocketed banks [NEW YORK] Morgan Stanley survived the recent panic in financial markets, but its prime brokerage business may never fully recover. More than a third of Morgan's prime brokerage assets went out the door
      Reuters; BLOOMBERG  -  671 words
    • 479 15 Reuters [NEW YORK] Bank of America Corp will retain several key Merrill Lynch investment banking executives when it buys the Wall Street brokerage, as it tries to limit defections to other brokerage firms. The announcement came after Bank of America said that John
      Reuters  -  479 words
    • 165 15 -AP [LONDON] Harrods owner Mohamed Al Fayed has been questioned by police over allegations that he sexually assaulted a 15-year-old girl, his spokeswoman said on Wednesday. The Daily Mail and Sky News reported that the girl accused Mr Al Fayed of assaulting her at
      -AP  -  165 words
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    • 1040 15 I Hi '«H I Corporation Keppel Corporation Limited CoßegNo: *****0351N (Incorporated in the Republic of Singapore) Third Quarter 2008 Financial Statement 1. UNAUDITED RESULTS FOR THIRD QUARTER AND NINE MONTHS ENDED 30 SEPTEMBER 2008 The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the
      1,040 words

  • GLOBAL FINANCIAL CRISIS
    • 102 16 'Crisis in the real economy is still deepening and will have to play out in several quarters of negative growth.' Dariusz Kowalczyk of CFC Seymour in Hong Kong 'Capital is now moving back from the emerging world to the developed world/ Neil Dougall, chief emerging markets economist at Dresdner Kleinwort
      102 words
    • 570 16  -  ANTHONY ROWLEY By in Tokyo NEW strategies for countering the global financial crisis and its macro-economic fallout are expected to be tabled today in Beijing when leaders of 42 Asian and European nations gather for the Asia and Europe Meeting (Asem)
      IAFP  -  570 words
    • 406 16 Reuters Weak Japanese exports intensify fears of global recession [LONDON] New Zealand and Sweden cut interest rates yesterday in response to the financial crisis and weak Japanese exports added to fears of global recession. Investor flight from emerging economies, a number of which looked
      Reuters  -  406 words
    • 433 16 Reuters [HONG KONG] Hong Kong's central bank intervened yesterday for the first time in nearly a year to stem a rise in the Hong Kong dollar and keep it within official trading limits against the US dollar. Traders said funds had poured
      Reuters  -  433 words
    • 324 16 AFP, Bloomberg [ZURICH] Swiss bank shares plunged yesterday, brought down by Credit Suisse's third-quarter earnings which had been described by analysts as discouraging. Credit Suisse shares were showing a fall of 8.81 per cent to 42.44 Swiss francs while its rival ÜBS fell 7.45 per cent
      AFP, Bloomberg  -  324 words
    • CRISIS WATCH
      • 53 16 ■AFP [ANNECY, France] France will set up a sovereign wealth fund to "intervene massively" in companies of national strategic importance, President Nicolas Sarkozy said yesterday. He unveiled the fund alongside a raft of stimulus measures designed to promote an "industrial response" to
        ■AFP  -  53 words
      • 82 16 Bloomberg [SEOUL] South Korea's National Pension Service, the nation's biggest investor with 228 trillion won (*****.3 billion) of assets, plans to cut its overseas investments and buy at least 8 trillion won of domestic bonds this year as part of measures to ease
        Bloomberg  -  82 words
      • 58 16 AFP [BASEL] Cross-border lending by banks fell US$l.l trillion in the second quarter of 2008, the biggest decline for a decade, latest BIS figures showed yesterday, underlining the severity of the credit crisis. Banks were also hit by US$l trillion worth of withdrawals, particularly
        AFP  -  58 words
      • 63 16 Reuters [SYDNEY] Two Australian fund managers froze access to some of their funds yesterday to stem withdrawals. Everest Babcock Brown said that it froze one of its subsidiary funds, which has AslBo million (*****.2 million) under management currently. Perpetual also said it had suspended redemptions
        Reuters  -  63 words
    • 633 17 NYT, Reuters Bank did not have enough good assets to serve as collateral for a Fed loan [NEW YORK] The Federal Reserve could not help investment bank Lehman Brothers even as its default threatened to wreak havoc on financial markets, US Treasury Secretary
      – NYT,; Reuters  -  633 words
    • 471 17 Bloomberg [NEW YORK] American International Group (AIG) agreed to freeze US$l9 million in compensation slated for a former chief executive officer and US$6OO million for other executives after it submitted to a US government bailout last month. New York Attorney-Gen-eral Andrew Cuomo
      Bloomberg; AFP  -  471 words
    • 496 17 Reuters He had warned board of danger due to trends that could risk financial system [WASHINGTON] The top executive of Moody's warned his board last year that the quality of credit ratings was in danger due to trends that could "place the entire financial
      Reuters  -  496 words
  • Page 16 Advertisements
    • 188 16 The Great Way To Live THEODOREALEXANDER® DESIGNERS MAKERS OF FINE FURNITURE Theodore Alexander is one of the leading manufacturers of fine furniture, with comprehensive collections of several thousand different designs; providing eclectic, traditional and transitional furniture and accessories to its clients. Using fine materials and traditional craftsmanship on each individual
      188 words

  • Page 17 Advertisements
    • 71 17 LUAUKY ■k^Bm ■■v^h^Hl jlul t^Eflfl l^j^K^ HK^^l if *"1 X*-^- Roland Chanliaud > DY^ TF R»R£*R leve l re c Beaune, Burgundy Modern flavours of French cuisine come alive at The Harbour Grill Oyster Bar this November with Chef Roland Chanliaud from Gault Millau award-winning restaurant Le Jardin dcs Remparts.
      71 words

  • AVIATION
    • 768 18 -LAT-WP Carriers say changes duplicate other security measures, will cost millions [WASHINGTON] The US Department of Homeland Security (DHS) will take responsibility from airlines for checking passenger names against watch lists beginning in January and will require all commercial passengers for
      -LAT-WP  -  768 words
    • 2536 18 QR63B QR639 M***** M8612 9W4077 9W4072 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN) 7 Alitalia Airiines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd
      2,536 words
    • 1014 18 AP [PITTSBURGH] Boeing's third-quarter profit dropped 38 per cent as a strike and supplier production problems hurt results at the world's No 2 commercial airplane maker. Its shares fell 7.5 per cent or U553.49 to close at U5542.91 on Wednesday. Boeing, a maker of
      AP  -  1,014 words
    • 363 18 Bloomberg [DALLAS] United Airlines parent UAL Corp, American Airlines parent AMR Corp and other airlines rose as some analysts said dropping fuel prices and falling industry capacity probably will produce 2009 profits. UAL climbed US$l.66, or 12 per cent, to U5515.46 at 1.58
      Bloomberg  -  363 words

  • SHIPPING
    • 666 19 Bloomberg They cannot pay for vessels on order due to record decline in hiring costs [LONDON] Lines that ship commodities will begin to collapse within the next six months and "significant" numbers may fail within two years, according to Fearnley Fonds ASA. Record
      Bloomberg  -  666 words
    • 382 19 Bloomberg [ATLANTA] FedEx Corp said the US Internal Revenue Service (IRS) withdrew a preliminary finding that it owes back taxes for misclassifying drivers, bolstering the company's assertion that the workers are contractors and not employees. The IRS is continuing a tax audit
      Bloomberg  -  382 words
    • 860 19 Branson starts assault of transAtlantic record ■NYT Virgin Money pushes off from New York on 6-day ocean crossing [NEW YORK] While Richard Branson stood on the deck posing for photographs with his two children before his latest endeavour, the crew of the Virgin Money, a 99-foot maxi yacht, was already
      ■NYT; AFP  -  860 words
    • TRANSPORT STOCKS
      • 101 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.26 ....unch 0.73 0.36 0.44 0.50 0.04 ....unch 0.61
        101 words
      • 36 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.59 8.20 8.05 2.49 2.49 0.08 0.09 -0.01 -0.20 unch -0.11 0.17 unch -0.01 230 363 2203 1495 66 140 80
        36 words
      • 12 19 '00 'recious Ship Regional Cont 11.00 ...8.20 -0.70 -0.85 976 599
        12 words
      • 15 19 '000 let 23 HK$ Vol Doil iingamas Cont 12.74 0.55 -1.46 0.04 185: 651
        15 words
      • 22 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.30 14.50 unch unch -0.10 -1.00 unch unch B08 1910 0 0
        22 words
      • 27 19 let 23 NTS Vol Evergreen Marine ...14.30 :irst Steamship 26.85 /Van Hai Lines 12.90 t'ang Ming Marine ....7.89 -0.50 -0.95 -0.45 -0.26 4 0 4 13
        27 words
      • 38 19 '000 >ct23 Yen Vol :awasakiHvylnd...158.00 -1.00 ***** :awasaki Kisen 380.00 -22.00 9671 /litsubishi Hvy 348.00 13.00 ***** /litsui Eng&Sbldg ..141.00 -5.00 ***** /litsui Osk Lines ....465.00 -38.00 ***** lippon Express 383.00 1.00 5082 lipponYusen 415.00 -9.00 *****
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  • Page 19 Advertisements
    • 1 19 *****11
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    • 46 19 tahla! THE HEARTBEAT OF THE INDIAN COMMUNITY Mfc^~ Pick up your FREE copy at Mustafa, Sarayana Bhavan, White Water Cafe, Singapore Khalsa Association, Singapore Indian Association, Annalakshmi and SIFAS. Call 6319-1800 or e-mail circs@sph.com.sg to get a copy delivered to your doorstep. 9MB Singapore Press Holdings
      46 words
    • 25 19 f D^SwAi f *r wf 1 SADQO 1 iooo/°PURE fUK I SSmm3ts9 Hmi TM O 2008TWENT1ETH CENTURY FOX FILM CORPORATION. lOUVISHI nWStIAII* ALL RIGHTS RESERVED.
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    • 825 19 A [GARS IN THE MATTER OF IN THE MATTER OF THE THE COMPANIES ACT, CAP. 50 COMPANIES ACT CAP 50 AND AND IN THE MATTER OF IN THE MATTER OF TAN BOON POH (1978) PTE LTD 1) THOMSON GREEN PTE LTD (IN MEMBERS' VOLUNTARY (Co. Reg. No. *****2833 C) rr,
      825 words

  • EDITORIAL & OPINION
    • 505 20 WHEN the 1997 financial crisis hit Asia's shores, the International Monetary Fund (IMF) and the international rating agencies were quick to point fingers at Indonesia, Thailand, Malaysia and South Korea. After having received glowing ratings in the run-up to the crisis, these
      505 words
    • 966 20  -  MATTHEW FRASER SOUMITRA DUTTA As people worry about financial security and careers, many will feel compelled to sign up By and IN THE fallout of the global financial meltdown, it's difficult to think of a positive side to the economic crisis. But it
      FILE PHOTO  -  966 words
    • 784 20  -  FRANK CHING THE BOTTOM LINE EARLIER this month when Washington announced a US$6.5 billion package of arms sales to Taiwan, China reacted with anger. It cancelled a series of military and diplomatic contacts with the United States, including port calls
      784 words
    • 1204 21  -  ANDREW LEE LIM CHU YEONG In today's heightened uncertainty, what is needed is more transparency, not less By and FINANCIAL markets have long been regarded as the paragon of perfect competition. When there are many buyers and sellers and there is an adequate flow of
      REUTERS  -  1,204 words
    • 921 21  -  LEON HADAR THOSE who cannot remember the past are condemned to repeat it, warned the American (Spanish-born) philosopher George Santayana. Does this mean that those who remember the lessons of history are not likely to repeat the mistakes of the past? In their response to the
      BLOOMBERG  -  921 words
    • 438 21  -  Kuo How Nam LETTER TO THE EDITOR MONETARY Authority of Singapore (MAS) statistics show that Singaporeans have been piling up debts at a fast rate up to August this year. Total debts of individuals and professionals stand at $112 billion
      438 words

  • Page 21 Advertisements
    • 37 21 Lianhe Zaobaol •Be ra lebehh ill I How will IS I I Ying Li i I I International I I Real Estate I reinvent I itself? CATS Recruit The first step on your ladder to success I <
      37 words

  • SINGAPORE STOCKS
    • 8907 22 Transaction date: Oct 23 52-wks Tel |h Low Code Last Sale Vol Cooo) Hi: Day Last Quote Div Gr Yld |h Low Buyer Seller C'vr Net P/E M Cap Hi! Com| >an] 14 3 3148 8Telecom 19.5 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 21.5 6
      8,907 words
    • 1979 23 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
      1,979 words
    • 60 23 Hi. Low Code Comi Sale ■000) Hi. Low Bii' Seller Cvr P/E imil ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 392.1 178 6009 STI ETF 3913.*****.1 6010 STI ETF IOPV US***** US6200 US1000 US*****
      60 words
    • 65 23 52-Wk Tel High Low Code Last Sale Vol C000] Day Last Quote Div GrYld Net MCap Low Buyer Seller C'vr P/E $mil Coi Hii 116 48 6000 AVJennings 20.5 4 6134 Over&Gen 45.5 6.5 6017 StarCruises 283 123 6019 TanChonglnt A48 A8 US9 HK126 +1 3083 9 7
      65 words
    • 8421 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced FundlS 1.468/ AIGIF S'pore Bond Fund/A 1.26/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.6/ APS Alpha Fund (USD)!** 0.4/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.6853/ APS Komaba Global
      8,421 words
  • Page 22 Advertisements
    • 36 22 y Jpfipp, NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED 9 wßj .J 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Wr Internet: Http://www.audemarspiguet.com
      36 words


  • FINANCE & COMMODITIES
    • 367 24 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct 22 World Index Preliminan 692.2 -4.0 -38.8 -3.4 -39.3 -4.7 -41.7 EAFE Preliminai 658.1 -5.3 -41.3 -5.3 -43.8 -6.5 -46.0 Euro[ Preliminan 903.4 -4.8
      367 words
    • 131 24 As at 9am Oct23 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9900 1.0470 Can dollar 1.1870 1.2010 Euro 1.9110 1.9330 NZ dollar 0.8770 0.8960 iterlini ind 2.4210 2.4490 US dollar 1.4920 1.5090 Local dollars to 100 units of foreign currency:
      131 words
    • 177 24 Ort IS Offer Bid Overnight 1/4 1-month 1 3/16 2-months 1 1/4 3-months 1 5/16 Overnight mode: 1/8 US$ Offer 1/8 15/16 1 1 1/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.50 4.00 4.25 4.25 4.50 4.25 4.25
      177 words
    • 21 24 Oct23 STI SIMSCI Oct 215.8 217.2 212.2 Taiwan Oct 174.3 176.5 175.2 Source: MF Global (S) He. Ltd
      21 words
    • 23 24 Oct23 SS Bid Offer 1-month 1.4995 1.5013 2 months 1.4970 1.4990 3 months 1.4940 1.4960 6-months 1.4866 1.4891 Source: OCBC
      23 words
    • 61 24 Oct23 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low Nov 08 1590 Dec 08 1490 Jan 09 1489 Feb 09 1493 Total o/p: ***** contracts 1579 1620 1515 433 4135 1549 1583 1478 1347 ***** 1550 1586 1475 9501 ***** 1555 1590
      61 words
    • 304 24 Oct23 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO8 MarO9 JunO9 SepO9 97.3350 97.6650 97.6750 97.6500 8744 ***** 4016 3080 EUROYEN TIBOR FUTURES DecO8 99.190 99.205 MarO9 99.295 99.315 JunO9 99.320 99.320 SepO9 99.290 99.290 DecO9 Mar10 Jun10 Sep10 99.190 99.295 99.290 99.290 99.205 99.315 99.335
      304 words
    • 187 24 Oct23 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Nov 08 Dec 08 170.0 Jan 09 174.0 FebO9 173.0 Mar 09 172.0 Apr 09 179.0 170.0 172.2 171.2 170.2 174.0 182.5 182.5 186.0 187.0 187.5 189.5 120 40 80
      187 words
    • 91 24 Oct 23 IKbASUKY bILLS Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****X 22.01.09 1-Year BY*****N 04.05.09 0.88 1.08 0.81 0.80 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year NX*****T 4.625 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A
      91 words
    • 103 24 Oct22 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov08 859.00 908.00 880.00 858.50 Jan 09 864.75 915.25 883.00 864.00 Mar 09 873.25 924.50 891.00 873.00 May 09 882.50 933.50 898.00 885.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 33.30 35.80 34.25 33.30 Jan
      103 words
    • 76 24 CRUDE OIL PRODUCTS Oct22 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 65.51 -3.05 WTI (Near Mth) 65.84 -5.16 Dubai (1-Mth F) 62.30 -4.37 Tapis blend 71.85 -4.45 Minas 69.50 -4.45 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 41.45 84.15 -5.55 -2.00 US$/barrel Opec Oil Basket
      76 words
    • 463 24 Oct23 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.840 4.558 0.520 5.170 33.202 66.318 0.651 9.395 2.380 1.122 54.215 32.529 1.002 7.599 0.777 22.221 23.143 0.409 0.667 Canada 1.191 5.428 0.620 6.157 39.541
      463 words
    • 75 24 Oct23 1 mth 3.***** 1.***** 2 mths 3.***** 1.***** 3 mths 3.***** 1.***** 6 mths 3.***** 1.***** 9 mths 3.***** 1.***** 12 mths 3.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates
      75 words
    • 134 24 Oct23 GOLD (USS/oz) Oct23 Oct22 Hong Kong London 728.00 757.60 729.00 758.60 Oct22 Oct21 746.80 772.05 749.30 775.05 Source: Thomson Reuters CAST BAR (S$) Oct23 Buying Sellini Kilobar "38,282.46" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1 oz UBS Kinebar™
      134 words
    • 156 24 Oct23 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0010 1.0027 0.6666 0.6671 Canadian dollar 1.1922 1.1940 0.7940 0.7943 Euro 1.9245 1.9270 1.2816 1.2820 NZ dollar 0.8918 0.8939 0.5939 0.5947 Sterling 2.4496 2.4528 1.6313 1.631 US dollar
      156 words
    • 70 24 Out 22 minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 1948.00 2017.20 3 months 2005.00 2076.00 Copper, Grade A (US$/tonne) Cash 3 months 4161.50 4155.00 4499.00 4498.00 Lead (US$/tonne) Cash 1249.00 3 months 1261.00 1353.50 1370.00 Nickel (US$/tonne) Cash 3 months 9813.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • 70 24 Oct 22 (£/tonne) Close Prev Hii ih/Low Dec 08 1285 1264 1289/1249 Mar 09 1290 1263 1290/1248 May 09 1300 1275 1298/1264 JulO9 1309 1287 1308/1275 COFFEE (US$/tonne) Close Pev High/Low Nov08 1710 1740 1741/1695 Jan 09 1761 1786 1778/1744 SUGAR (US tonne) White Close Prev High/Low Dec 08
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    • 2916 24 BONDS WARRANTS Pel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left >058AdvanceModulesGrpW*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 3092 Asia Environment W*****4 6.5 1481 Asia Water Tech Ltd W*****0 ..18.5 5816 #Asiasons Capital Ltd W*****7 4 !756# Asiatic Grp(H) Ltd W*****2 9.5 !105#AsiatravelW*****7 7
      2,916 words

  • Page 25 Advertisements
    • 2398 25 m The Business Times Shipping Times A\\ BlCT^ffnHTffiffffTOTffißßffil f WAN HAI INTERNATIONAL PTE LTD CRNON69S92OOOO/R W^Z W M mMmmMMSkrmmmmam Vrrr\ iuhi ■■>■ hup* TEL6mi5BB imunesi fax:*****163 V ■^^WifS^^T^M BaH BMBtnlS \\\M 1 WAN HAI INpN Customer Service/Bookings Direct line (1800) *****200 A A I I I^X^lW* I I SWBIW IBffßff
      2,398 words

  • Page 26 Advertisements
    • 894 26 RICKMERS-LINIE Round-the-World Pearl String Service Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com USA Service Vessel I Vov I SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB I NEN I NYC I CPE Rickmers Hamburg 245 27/10 31/12 06/01 14/01 Rickmers New Orleans 246 07/11
      894 words
    • 403 26 <S*TOYOFUJI SHIPPING CO, LTD. MULTI-PURPOSE VESSEL FOR RO/RO BREAK BULK CARGO VESSEL VOY SIN PK JKT L(H KU Ml XX BGS YOK NGO FUJITRJIIS WORLD 95 25/10 2ft/10 21/10 31/10 04/11 10/11 11/11 TRANS FUTURE 2 135 01/11 02/11 04/11 OS/11 01/11 17/11 11/11 TRANS FUTURE 3 19 01/11 09/11
      403 words
    • 1270 26 HFiFr EASTERN CAR LINER, LTD l\ Mm 1 I 1 UL_^Z—-A I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS limmUMQ^ B VOY~| Ramp(KT) I Liltinq(KT) I MUA I SIN I PKL I LCB I JKT I SUR I I OCEAN BLUE 204 50 26/10 27/10 I GOLDMENAM 89 40
      1,270 words
    • 990 26 lip I^ll7^£me WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL I VOY I SIN I PKL I [MB I NSA I [MB NORDWELLE VNWOIO 28 Oq 30 Og 03 NOV 05NOV 10 NOV SCI [HiNNAI OOIW 04NOV 06NOV IONOV 12NOV 17 NOV SCI MIIMBAI
      990 words

  • Page 27 Advertisements
    • 6282 27 IRISL, ASIA/MED EXPRESS SERVICE (AMX) SINGAPORE REGIONAL OFFICE:|AGENT IN SINGAPORE: I AGENT IN MALAYSIA: IAGENT IN INDONESIA: ASIA MARINE NETWORK PTE LTD SINOSE MARITIME PTE LTD BOUSTEAD SHIPPING AGENCIES SDN BHD PT. BINTANG TATABAHARI TEL- 6220 9362 TEL: 6220 1144 PORT KLANG TEL: 03-3005 8388 FAX: 03-3005 8616 (JAKARTA) FAX-6334
      6,282 words
    • 159 27 n@i GLORY NAVIGATION GROUpI I( SINCE 1970 OWNS OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE ASIA PACIFIC PORTS REGULAR WEEKLY SERVICES: m IKAOHSIUNG CHINESE PORTS, HONG KONG TO FROM SOUTHEAST ASIA I SINGAPORE HIAP WOON SHIPPING (S) PTE LTD I 14 ROBINSON ROAD,
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  • executive lifestyle
    • 584 28 'M depressed. No, it's not just the state of I my stock portfolio that's getting me I down, it's just that I'm having trouble I coping with this latest kiasu activity that I Singaporeans are indulging in. With all this talk about the financial disaster poised
      584 words
    • 1503 28 Arts groups are spreading funding across a number of sources in case sponsorship, grants and ticket sales dry up, reports BEN MUNROE IN THESE uncertain times, two things are fairly certain. Each of us, as citizens, employees and leaders of companies, will be effected in
      1,503 words
    • CINEMA/MUSIC
      • 515 29 Tropic Thunder is a movie about a movie within a movie, says AMANDA DE GUZMAN TROPIC Thunder, Ben Stiller's first effort at writing and directing since 2001's Zoolander, satirises Hollywood and the war epic in a manic exercise of vulgar hilarity. In a
        515 words
      • 566 29  -  GEOFFREY EU By BLINDNESS is Brazilian director Fernando Meirelles' apocalyptic vision (so to speak) of the total breakdown of modern society and its subsequent descent into an ugly, upsetting and utterly chaotic state where only the basest instincts rule and the criminal-min-ded thrive. Based
        566 words
      • 358 29  -  CHEAH UI-HOON DVD REVIEW By THE back cover of the DVD gives you that cheesy Titanic feel but Black Book, a movie about a Jewish singer set in Nazi-occupied Holland, is far from your standard Hollywood movie about the Second World War. Directed by
        358 words
      • 499 29  -  GEOFFREY EU By WHERE in the World is Osama Bin Laden? is Morgan of Arabia's I mean Morgan Spurlo ck' s semi-tongue-in-cheek approach to a dead serious issue that has kept foreign governments, security forces and millions of ordinary people around the
        499 words
      • 576 29  -  CHRISTOPHER LIM CD REVIEW Black Roses The Rasmus Playground Rating: AUltra Beatdown Dragonforce Spinefarm Rating: B+ Poor Man's Heaven Seth Lakeman Relentless Rating: B Fantasy Black Channel Late Of The Pier Parlophone Rating: B By GOING retro is tricky for bands
        576 words
    • ARTS/BOOKS
      • 585 30 UMA SHANKARI highlights some of the shows that made da:ns festival 2008 such a hit THIS year's da:ns festival had something for everyone from novices attending their first ballet, to dance sophisticates. On show were excerpts from popular ballet classics, presented at The Russian
        585 words
      • 651 30  -  CHEAH UI-HOON By YET another arts festival, one's immediate thought might be, upon hearing that The Arts House is organising Asia on the Edge in November a new nine-day festival with an Asian focus. But Asia on the Edge seems to be a
        651 words
      • 417 30  -  CHRISTOPHER LIM BOOK REVIEW Click: What Millions of People Are Doing Online and Why it Matters By Bill Tancer Publisher: Harper Collins Pages: 219 Price: $37 without GST Rating: B YOU might want to reconsider the sense of empowerment you feel when putting the phone
        417 words
    • PURSUITS
      • 1145 31 WINE Follow the producer/grower, and look for his less expensive labels and appellations, says N X YONG THE Italian wine industry has quietly gone through a renaissance with a determination and an energy in the past two decades that has brought its wines
        1,145 words
      • 597 31  -  CHRISTOPHER LIM GAMING By ONCE upon a time, Sony's Play Station platform was the king of role-playing games (RPGs), especially the Japanese variety. Some gamers bought Sony's consoles on the strength of Square Enix's PlayStationexclusive Final Fantasy franchise alone. Who would have thought
        597 words
      • 477 31  -  CHRISTOPHER LIM MUSIC ON THE WEB By AN exciting new service called Lala has just been launched that could radically reconcile the music collection on your PC and all the stuff available on the Web. It allows users to upload their entire music
        AP  -  477 words
    • CONCERTS/SUN FESTIVAL
      • 673 32 Neither Dame Kiri Te Kanawa nor Sumi Jo, both of whom performed here last week, left much of an impression, reports CHEW XIANG TWO of nature's songbirds landed in Singapore last week. One was the bland Dame of Opera, Kiri Te Kanawa; the other
        673 words
      • 555 32  -  JAIME EE By CHARLIE Trotter meandered amiably through the Fullerton Hotel function room on Monday night where his $788-per-head signature dinner was being served as the gastronomic highlight of this year's Sun Festival. Like a benevolent host, he chatted happily with the slightly less
        555 words
  • Page 28 Miscellaneous

  • Page 29 Miscellaneous
    • 286 29 CRYPTIC CROSSWORD 1 Looking into the tea leaves? H^^J__^J___^J__^J__^^^^B 9 We French, without hesita- 9 tion, very excitable (7) _^J_^J_^J_^H_^J_^J_^^JH 10 Team's away match (6) I 12 This should stop the bleed- 12~~^ 13 Top expert on waves (7) *^M j^fl l^l 14 Tart's free on account (5) J4~~^| 15
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  • Page 30 Advertisements
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      62 words
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  • Page 30 Miscellaneous
    • 621 30 Live classical music at Far East Plaza Public forum on advances is all about. Written to incorporate SHOP to the strains of live classical music, as you in customised Lasik Puppets and live performers, this catch the Singapore Symphony Orchestra (SSO) at CONSULTANT ophthalmologist musical tells the story oi Far
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  • Page 31 Advertisements
    • 374 31 i I ill > .^fl W* ~^Er" 111 F-^^& X We Build Relationships B&T.. Ml BR^SBfJ^^ H It *fg 3D HONG KONG GETAWAY (ghke) 3D BANGKOK FREE EASY gtbe> 3/4 D SIEM REAP/ANGKOR WAT (fwsr/gwaw) I Th^WT Enjoy 2n city stay arrival transfer 1 5D MALDIVES (gtmu Return economy airfare
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