The Business Times, 1 November 2008
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2008-11-01
1
49
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section14 2008-11-01 1 weekend THE BUSINESS TIMES NOVI-2, 2008 I Ssl.oo mS*At-i SPH PUBLICATION MICA(P) 198/08/2008 www.businesstimes.com.sg14 words
-
Article, Illustration954 2008-11-01 1 Teh Shi Ning - Teh Shi Ning Listed companies get that shrinking feeling as market cap falls to 3-year low By tshining@sph.com.sg Singapore TT has been more than three years since the companies listed on the Singapore Exchange felt so small and they can blame October's massive sell-offs for this. The monthREUTERS - 954 words
-
Page 1 Advertisements
-
Advertisement33 2008-11-01 1 de Sede 65 Mohamed Sultan Road, 111 V Singapore *****3 Tel: 6734 3425,6235 3221 ]M Fay fi9*Vi *^7fi9 Email: singapore_sales@lemerciers.com BL www.lemerciers.com Opening Hours: Mon-Sat 10.30 am 7.30pm Sun Public Holidays 11am 7pm33 words
-
-
Page 1 Miscellaneous
-
Miscellaneous127 2008-11-01 1 J MOTORING RAFFLES CONVERSATION WEALTH Nli^ The sensational AIRLINES READY Still notthe season for IliH. V Maserati I L2O FOR TURBULENCE 18-9 bottom-fishing 1 30-31 IN DEEP FREEZE Govt suspends land sales CONFIRMED List sales put on hold for first half of next year while ban on converting office space127 words
-
-
TOP STORIES
-
MARKETS
-
Article47 2008-11-01 2 KL COMP 863.61 +10.05 NIKKEI 225 8,576.98 -452.78 HANG SENG 13,968.67 -361.18 SET 416.53 +8.22 JAKARTA 1,256.70 +82.84 MANILA 1,951.09 +86.16 KOSPI 1,113.06 +28.34 SHENZHEN B 222.99 -3.65 MUMBAI IND 9,788.06 12 nnnn EDT +743.55 Chnngrp 12 noon EDT DOW 9,263.28 Change +82.59 NASDAQ 1,714.73 +16.2147 words
-
Article29 2008-11-01 2 Bloomberg SINGAPORE 5,38 MALAYSIA 6,72 HONG KONG 5,25 INDONESIA 16,739 TAIWAN 6,316 JAPAN 1,875 KOREA 9,33 BRITAIN 4JJO US 4,00 CANADA 4,00 SWITZERLAND 2,55 INDIA 13,75 Source– Bloomberg ' - 29 words
-
Article43 2008-11-01 2 US: US: 1.48: 'US: 1.618 2.4W EURO(US$/S$/E) 1.271 Foreign currency per US$. S$ 1.885 YEN 97.20 65.50 RM 3.558 2.399 HK$ 7.752 5.226 BAHT 35.03 23.62 RUPIAH 11,050 7,450 RENMINBI 6.841 4.612 INDIAN RUPEE 49.44 33.33 A$ 1.515 1.022 NZ$ 1.730 1.16743 words
-
-
Article, Illustration378 2008-11-01 2 Shah Alam - Shah Alam AP, Reuters, Bloomberg Prosecution failed to establish case: Court A COURT acquitted a close friend of Malaysia's deputy prime minister yesterday of abetting the murder of a Mongolian woman in a ruling that revived opposition claims of political interference in the judiciary.AP, Reuters, Bloomberg; AP - 378 words
-
Article, Illustration755 2008-11-01 4 Anthony Rowley - Anthony Rowley BOJ slashes policy lending rate to 0.3%, its first in 7 years in bid to fend off recession Tokyo THE Bank of Japan's policy board made a grudging gesture towards concerted global monetary easing yesterday by agreeing to lower its policy lending rateREUTERS - 755 words
-
Article, Illustration457 2008-11-01 4 Larry Wee - Larry Wee By larry@sph.com.sg Singapore THE Bank of Japan (BOJ) short-circuited a promising Thursday recovery in currency markets when it announced a smaller-than-expected 0.2 per cent interest rate cut to 0.3 per cent yesterday, taking both the US dollar and Japanese yen much higherReuters - 457 words
-
Article, Illustration1195 2008-11-01 5 Leon Hadar - Leon Hadar Obama set to become America's 44th president By btworld@sph.com.sg Washington UNLESS there is something horribly wrong with the way the leading pollsters have been measuring the opinion of American voters and barring something very dramatic happening, Democratic presidential candidateREUTERS - 1,195 words
-
Article, Illustration877 2008-11-01 6 Siow Li Sen - Siow Li Sen UOB offers tepid Q3 results and warns of bleak outlook By lisen@sph.com.sg Singapore BANK stocks plunged yesterday as the United Overseas Bank (UOB) offered up not just sombre results but also a bleak outlook of the days ahead. UOB said877 words
-
590 2008-11-01 6 Uma Shankari - Uma Shankari By shankari@sph.com.sg Singapore CAPITALAND, Singapore's largest developer, yesterday said that net profit for its third quarter ended Sept 30, 2008 fell 25.6 per cent to $419.4 million, from $563.9 million a year ago as home sales fell. Revenue in590 words
-
686 2008-11-01 7 Genevieve Cua - Genevieve Cua Competition for alpha returns will thin, opening up opportunities for managers By gen@sph.com.sg Singapore RETURNS from hedge funds and other actively managed funds are poised for a "golden age" over the next six to 12 months, even as asset inflows slow686 words
-
-
Page 2 Miscellaneous
-
Miscellaneous69 2008-11-01 2 fleflaflß NEWS LIVING Top stories 2,4,5,6,7 Dining L2-5 Raffles Conversation 8,9 Entertaining L6 Week In Review TO The CEO Column V[ A'\ Companies 12-15 Vpp Singapore 16-17 P^S^C^ Letter From Abroad 18 Weekend With L7 World 19-22 Travel LB-9 Stocks stats 23-27 Home Garden LlO-11 Perspective 28-29 Shopping Ll2-14 Wealth69 words
-
-
Page 3 Advertisements
-
Advertisement446 2008-11-01 3 HI EEQ Enjoy 10% rebate* on daily expenses with your DBS American Express® Card. Save more when you charge to your DBS American Express Card at petrol stations and supermarkets*. For motorists, enjoy up to 14.5% A off your petrol bill with this additional 10% rebate on top of existing446 words
-
-
Page 5 Advertisements
-
Advertisement17 2008-11-01 5 Davis Langdon Seah on your Orchard 290 Ltd Times Development Pte Ltd j Times Properties Pte Ltd17 words
-
-
Page 7 Advertisements
-
Advertisement67 2008-11-01 7 WE CELEBRATE OUR GROUP'S 35TH ANNIVERSAIJtf with the launch of our PCC3SOOSL-11, 350 Ton Super-lift Crawler Crane. M PDWERPLUS.THE KING OF CRANES M igPj For more details, visit our corporate website www.powerplusgroup.us f&a A destination not to be missed! if B$N Come see us at booth F3BA y m% ~~K~r-67 words
-
-
THE RAFFLES CONVERSATION
-
Article, Illustration1529 2008-11-01 8 Yen Sreenivasan - Yen Sreenivasan Embraer president Frederico Curado believes the airline industry is now better prepared to deal with economic turbulence. FREDERICO CURADO President and CEO, Embraer 1961: Born in Rio de Janeiro, Brazil 1984: Started career as manufacturing engineer at Pratt Whitney Canada, working onYEN MENG JIIN - 1,529 words
-
619 2008-11-01 8 BRAZIL is more than just about football, samba, forests, beach parties and carnivals. "Brazil is a country with a long established industrial base," says Mr Curado. "Our industrialisation started way back in the *****." And Embraer's history is a microcosm of the nation's industrial history,619 words
-
Article74 2008-11-01 8 The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. A collection of luxury hotels, Raffles Hotels and Resorts distinguishes itself through the highest standards of hospitality, service and cuisine. Its hotels in Singapore, Beijing, Cambodia, Beverly Hills, Dubai and the Caribbean are rated74 words
-
-
WEEK IN REVIEW/WEEK AHEAD
-
THIS WEEK
-
78 2008-11-01 9 PRICES for some luxury and high-end projects launched in 2006 and 2007 have come off their peaks by up to about 26 per cent, anecdotal evidence shows. Data compiled for The Business Times by property firm DTZ shows that at selected high-profile upmarket78 words
-
78 2008-11-01 9 EMERGING market economies, including some in Asia, face a "downward spiral of financial market de-leveraging" as a result of the global financial crisis, according to Citibank president and chief executive William Rhodes. With the reversal in private capital flows to emerging markets,78 words
-
100 2008-11-01 9 EUROPEAN stock markets fell heavily last Monday after the Nikkei index in Japan closed at its lowest in 26 years as the financial crisis raised recession fears and drove up the yen, piling the pressure on the country's exporters. Tokyo's Nikkei 225100 words
-
46 2008-11-01 9 THE Group of Seven (G-7) finance ministers and central bank governors on Monday took the unusual step of singling out the yen in an emergency statement in which they warned about the dangers of wild swings in exchange rates.46 words
-
96 2008-11-01 9 THE full scale of the global financial crisis is yet unknown, but this much seems clear virtually no sector in Singapore will escape unscathed, the Monetary Authority of Singapore (MAS) reckons. Singapore's GDP growth expected to plummet to around 3 per cent this96 words
-
63 2008-11-01 9 MALAYSIAN conglomerate YTL Corp on Tuesday took over the Macquarie Group's entire interest in Singapore-listed Macquarie Prime Reit in an all-cash deal worth $285 million. YTL said it was paying 82 cents a unit for 247.1 million units in the Reit,63 words
-
59 2008-11-01 9 THE global shipping industry is headed for a situation "never seen before" and the US$35 million profit that Neptune Orient Lines (NOL) still managed to turn in for the third quarter will likely turn into an operating loss in the current quarter,59 words
-
72 2008-11-01 9 ASIAN currencies rallied on Thursday on news of more rate cuts overnight, but the biggest relief came from the cut that Tokyo was expected to unveil yesterday. The possibility that Japan will trim its already rock-bottom 0.5 per cent interest rate halted the relentless72 words
-
91 2008-11-01 9 ONCE again, the International Monetary Fund finds itself defined by crisis. In the space of just five days, the IMF has approved some US$35 billion in emergency loans to three countries Iceland, Ukraine and Hungary and several others, including Pakistan and Belarus, have asked91 words
-
Article, Illustration34 2008-11-01 9 NOL boss Ron Widdows has warned that the US$35 million profit the firm managed to turn in for Q3 will likely turn into an operating loss in the current quarter FILE PHOTOFILE PHOTO - 34 words
-
-
-
Page 9 Miscellaneous
-
Miscellaneous253 2008-11-01 9 CRYPTIC CROSSWORD SATURDAY with Ludwig damage (6) goal accepted by General j j- /o n to r^TT 1] 1 o>?rii.:inoinj i... o 8 J t^^-., /v 4-u I I ***** I I I 18 Factory conceals news of """"I -^<2 io Catcn ones breatn and IB H f i^T -i253 words
-
Miscellaneous68 2008-11-01 9 NEXT WEEK Nov 3-7, 2008 US DATA Nov 3 Sept construction spending Oct ISM Index Nov 4 Sept factory orders Nov 5 Crude inventories Nov 6 Initial jobs claims Nov 7 Oct unemployment rate and earnings Oct nonfarm payrolls COMPANY RESULTS Nov 4 Sembcorp Marine ST Engineering Singapore Food Industries68 words
-
-
FROM THE DESK OF
-
Article, Illustration1286 2008-11-01 10 Asia should leverage on the fact that its people and companies are comparatively debt free, and unlock its innate spending and investment power for the benefit of the region VShankar Member-group management committee Standard Chartered Bank WE are witnessing the greatest global financial upheaval in almost eight decades1,286 words
-
-
COMPANIES
-
Article, Illustration525 2008-11-01 11 Ong Boon Kiat - Ong Boon Kiat 'Temporary salary reduction' of 5-20% for staff of Singapore foundry By boonkiat@sph.com.sg Singapore CHARTERED Semiconductor Manufacturing, which is facing slowing demand, reported a third-quarter net loss of U5524.4 million yesterday, falling from a net profit of US$ll4.B million in theFILE PHOTO - 525 words
-
297 2008-11-01 11 Vincent Wee - Vincent Wee By vincewee@sph.com.sg Singapore SHIPPING trust Rickmers Maritime continued to deliver consistent and on-target results with third-quarter charter revenue almost doubling and net profit rising 15 per cent. The three months ended Sept 30, 2008, saw charter revenue rising to U5526.5 million297 words
-
532 2008-11-01 11 Samuel Ec - Samuel Ec 'By samuelee@sph.com.sg Singapore HIGHER train ridership, as well as its rental and advertising business, helped propel SMRT Corp's net profit forward by 7.7 per cent to $42.56 million for the second quarter ended Sept 30,2008, compared with the same period a532 words
-
Article360 2008-11-01 12 Oh Boon Ping - Oh Boon Ping Firms facing financing issues as banks turn cautious in lending amid crisis By huwenbin@sph.com.sg Singapore TT INTERNATIONAL and Fastech Synergy have become the latest victims of the credit crunch, as both have run into financing problems. In a statement, TT International360 words
-
202 2008-11-01 12 Emilyn Yap - Emilyn Yap By emilyny@sph.com.sg Singapore ASCENDAS India Trust (a-iTrust) is embarking on a $62.7 million expansion of its IT park in Chennai to meet demand for business space in the Indian city. Construction at the International Tech Park Chennai (ITPC) will begin this month202 words
-
Article368 2008-11-01 12 Oh Boon Ping - Oh Boon Ping By huwenbin@sph.com.sg Singapore THE spate of profit warnings continues this week with Eagle Brand Holdings and China New Town Development expecting losses in the third quarter of FYOB. In a stock exchange filing, Eagle Brand said it forecast a net loss in368 words
-
Article, Illustration1075 2008-11-01 13 Pauline Ng - Pauline Ng DEAL IN FOCUS YTL may step up its overseas forays and add to assets. Kuala Lumpur FOLLOWERS of YTL Corporation must have felt a sense of deja vu earlier this week when the Malaysian conglomerate said it had acquired a slice of primeFILE PHOTO - 1,075 words
-
Article, Illustration572 2008-11-01 14 R Sivanithy - R Sivanithy STOCKS It manifests itself prominently in the banking sector sivan@sph.com.sg Senior correspondent THE past week provided the perfect illustration of something that's often sorely lacking in the stock market. We're speaking, of course, of a wide range of differing opinions from572 words
-
Article113 2008-11-01 14 VOL CLOSE ;olden 83,665 19 1.0 5.6 JobleGn 80,239 104 18.0 20.; Eosco Coi 74,041 77.5 2.0 2.( Indoy 49,334 50.5 8.5 20.; Ehina Honi cire 40,516 18 0.0 0.0 38,472 18.5 2.0 12.1 iini ;Tel 37, ,269 243 0.0 0.0 SembMar 31,943 178 9.0 5.3 Ezra113 words
-
Article57 2008-11-01 14 CLOSE BY CENTS UP IMH 2350 160.' 4.8 DBS Bk 6% NCPS 10 9720 140.0 1.5 UOB 5.05%NCPS 100 8500 100.0 1.2 ISH 1194 86.0 5.' OCBCCai >.1%NCPS100 8060 50.0 0.6 SIA 200 1142 44.0 4.0 Creative Tech 300 41.0 15.8 MOIL 128 37.' 24.3 OUE 1250 30.057 words
-
Article49 2008-11-01 14 BY CENTS CLOSEDOWN MProi 640 -451.2 -78.7 IOB 1302 -62.0 -4.5 IBS Gri 1102 -48.0 -4.2 IBS MBL iCW*****3 123 -43.0 -25.9 \sia Pac Brew 1010 -40.0 -3.8 :it> 630 -35.0 -5.3 China H 10US$ 853 -32.6 -2.5 iTI2250DBePW*****2 99 -29.0 -22.7 )CBC Bk 490 -25.0 -4.949 words
-
Article113 2008-11-01 14 tod name lose lam litaLand 2.850 litaMall 1.900 +0.080 :ityDev 6.300 -0.350 :osco Corp 0.775 +0.020 IBS Gri 11.020 -0.480 :&N 2.730 -0.110 lent Intl 0.360 -0.015 iolden Agri 0.190 +0.010 IK Land 2.660 +0.190 IMH 23.500 +1.080 ISH 11.940 +0.580 lardine C&C 9.260 -0.040 lei Con 4.480113 words
-
Business briefing
-
99 2008-11-01 14 CHINA Kangda Food Company, the country's largest exporter of rabbit meat to Europe, said that net profit rose 5.9 per cent to 32.9 million yuan (557.15 million) for Q3 2008. The company said that revenue increased 28 per cent to 24499 words
-
80 2008-11-01 14 ASIA Pacific Breweries has announced that wholly owned subsidiary DB Breweries has agreed to sell its 100 per cent stake in Liquorland Limited to Foodstuffs Liquor New Zealand for NZ$4.7 million (554.08 million). This has been paid in cash following the80 words
-
75 2008-11-01 14 HOTEL Plaza has agreed to acquire from holding company UOL Group all the Pan Pacific operations for $21.3 million. The assets comprise the entire issued share capital of Pan Pacific International Pte Ltd (PPI) and the entire issued share capital of UOL75 words
-
-
-
Page 12 Advertisements
-
Advertisement255 2008-11-01 12 RICKMERS MARITIME (Registration Number: *****03) (Constituted under the laws of Singapore) Managed by Rickmers Trust Management Pte. Ltd. NOTICE OF BOOKS CLOSURE DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Unitholders of Rickmers Maritime will be closed at 5.00 p.m. on 17 November 2008255 words
-
-
Page 14 Advertisements
-
Advertisement388 2008-11-01 14 Xg^NOTICES THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF ECI MINERALS PTE LTD CO REG NO: *****1404 C MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of ECI Minerals Pte Ltd convened and hefd at 7500 A Beach Road #16-322 The Plaza Singapore *****1 on 25 October 2008,388 words
-
Advertisement269 2008-11-01 14 I ANSAR BIZ CENTRE I located at Menura Anwir .ILS •Fully furnished fitted office •Prestigious office address •Dedicated telephone line -Administrative support •Unlimited Broadband access •24 hours card controlled access "Private mail box •Beside Puteri Pacific Hotel contact us 07-218 5000 email: info®dbizcetttre.comjny In the Matter of the Companies Act,269 words
-
-
SINGAPORE
-
660 2008-11-01 15 Chuang Peck Ming - Chuang Peck Ming But jobs creation set to slow sharply in next few quarters as crunch hits key projects: analysts By peckming@sph.com SINGAPORE'S unemployment rate has stayed unchanged in September, even as employers are starting to feel the pinch of the660 words
-
Article, Illustration227 2008-11-01 15 Chen Huifen - Chen Huifen By xuifen@sph.com.sg AFTER decades of planning and years of design and construction, the Marina Barrage was finally opened yesterday. Marking an important milestone in Singapore's water story, the barrage creates a reservoir that collects rainwater from the largest catchment in SingaporeALBERT SIM^HE STRAITS TIMES - 227 words
-
269 2008-11-01 15 SENTIMENT has tanked, pretty much across the board among manufacturers, and most in the services. Only those in the catering business are highly upbeat about the six months to March in anticipation of festive feasting. The Economic Development Board's poll269 words
-
Article, Illustration653 2008-11-01 16 Ronnie Lim - Ronnie Lim Construction of phase-1 plant of the Ss3b solar cell project is well underway, says CEO By ronnie@sph.com.sg WHILE the sun's still out, Norway's Renewable Energy Corporation (REC) which has started building in Singapore what will be the world's largest solar cellFILE PHOTO - 653 words
-
375 2008-11-01 16 Nisha Ramchandani - Nisha Ramchandani By nishar@sph.com.sg DESPITE the volatile market and uncertainty in the aviation industry, budget carrier Tiger Airways still remains upbeat on growth and will fine-tune its network as well as capitalise on opportunities in order to navigate through tough times. Speaking375 words
-
Article243 2008-11-01 16 STANDARD Chartered Bank (SCB) has commissioned Australian design firm Woodhead to carry out the interior design for its relocation to two new premises in Singapore. The two premises Changi Business Park and Marina Bay Financial Centre cover some 62,000 square metres with an option for a243 words
-
Article138 2008-11-01 16 STARTING today, all suppliers billing the government will need to submit their invoices electronically. The integrated e-Invoice system is another initiative of Singapore's Integrated Government 2010 (iGov2010) Masterplan, which seeks to extend the reach and quality of Government e-services. The system will enable suppliers to submit138 words
-
-
LETTER FROM ABROAD
-
Article, Illustration1072 2008-11-01 17 Tan Peng Kok - Tan Peng Kok LETTER FROM CHENGDU General manager, Chengdu branch OCBC Bank (China) Ltd CHENGDU, home to the giant pandas and numerous famous scenic spots (Jiuzaigou, Mount Ermei, Huang Long Valley, to name a few), is where I currently reside. My boss first broached the subject of1,072 words
-
-
BT Living
-
Article, Illustration68 2008-11-01 18 Intimate gatherings with family and friends, a spruced up wardrobe, a favourite chair rediscover the joys of home as the economy winds down and loud and excessive parties become a thing of the past. It's time to take a fresh look at your own back yard,68 words
-
DINING
-
Article, Illustration458 2008-11-01 19 Audrey Phoon - Audrey Phoon They're comfortable, cost-effective and a cunning alternative to lavish venues so go ahead and invite your guests to one of these chic pads. 35 Artillery 35 Artillery Avenue, Sentosa S 6279-1123 TO get to 35 Artillery, follow a winding road until you run into a cluster458 words
-
Article, Illustration406 2008-11-01 19 OrcharchScotts 5 Anthony Road *****-8688 AS if the designer fittings in all of its 206 apartments weren't enough for its residents, Orchard:Scotts also places a dining room at its guests' disposal that can be booked for private events. It's a facility that's not to be406 words
-
Article, Illustration435 2008-11-01 19 Forest Leong - Forest Leong kkjjgang asingnet.com.sg IN a Jurong West penthouse, a dozen friends perform a cutlery concerto as they scrape the last of their dessert glutinous rice with mango from their plates and debate whether to set up a mahjong game or pull out the435 words
-
Article, Illustration479 2008-11-01 20 Aqua by Grandstand Merchant Loop [until December] *****-6208 ANOTHER comfortable, intimate venue that won't have you feeling all at sea is Aqua by Grandstand, a mobile bar (it can be packed up and moved to, say, your garden in 24 hours) that resembles a yacht and479 words
-
Article, Illustration1232 2008-11-01 21 Jaime Ec - Jaime Ec A wide selection beckons when it comes to gourmet takeaway. A MEAL at home doesn't have to require hours of preparation and fussing about whether your culinary efforts will pass muster in the eyes of your dinner guests. If there is the art of creativeYEN MENG JIIN - 1,232 words
-
-
ENTERTAINING
-
Article, Illustration983 2008-11-01 22 Audrey Phoon - Audrey Phoon guest chef Three-star Michelin chef Gerard Boyer believes in a no-fuss, no-frills approach to culinary excellence. By GERARD Boyer knows how to make a house a home. Indeed, he knows how to make a chateau a home. Formerly the owner-chef of Les Crayeres, a beautiful 18thYEN MENG JIIN - 983 words
-
-
WEEKEND WITH
-
Article, Illustration987 2008-11-01 23 Cheah Ui- Hoon - Cheah Ui-Hoon LIM KEOW WAH SHIP CHARTERER EXXON MOBIL For this avid bonsai grower, the miniature trees that he shapes are unfinished pieces of art that change over time. LANDSCAPE in a pot penjing in hanyu pinyin is what the Chinese call the art of miniaturising trees. It'sPHOTOS BY YEN MENG JIIN - 987 words
-
-
TRAVEL
-
Article, Illustration1008 2008-11-01 24 Amanda de Guzman - Amanda de Guzman Lingerie label Sabbia Rosa is a favourite with celebrities and Sabbia, an elegant octogenarian, will mend a customer's torn nightgown by hand though the quality and service come at a high price. Paris's Left Bank's charm and flair make up for whatAYLA HIBRI AND GALERIE PIECE UNIQUE - 1,008 words
-
-
HOME & GARDEN
-
Article, Illustration1089 2008-11-01 25 Corinne Kerk - Corinne Kerk design An armchair makes a statement that speaks volumes about the style and design of your house. FOR what is supposed to be the most comfortable seat in the house, the armchair, "a chair with side structures to support the arms or elbows", has a rather1,089 words
-
-
SHOPPING
-
Article, Illustration1349 2008-11-01 26 Melissa Lwee - Melissa Lwee Revitalise neglected pieces and give your wardrobe an update. BEFORE lamenting that the financial meltdown is putting a dent on your carefree shopping habits, the good news is you can still go shopping in the comfort of your own home. No, not shopping on the Internet,1,349 words
-
Article, Illustration558 2008-11-01 26 Melissa Lwee - Melissa Lwee HE's known as the king of "jewels for the home", but Jay Strongwater only fell into home furnishing design by accident. Originally a jewellery designer, his foray into the world of home furnishings was established in 1994 when he designed a filigree picture frame558 words
-
-
GADGETS
-
Stay-at-home fun
-
Article, Illustration311 2008-11-01 27 AS usual, the heart of any home theatre system is the television. Samsung's latest Series 8 LCD TVs ($5,999 for 46 inches) have just hit the market, and they continue Samsung's commitment to keeping their TVs both cutting edge and value for money. Now that311 words
-
Article, Illustration64 2008-11-01 27 PIONEER just launched its new line of Blu-ray players, and the top-of-the-line LX9I should be available in stores soon. When the LX9I initially becomes available, it won't have BD-live ability yet, but a free software upgrade will take care of that. It has impressive specifications, like a 14-bit64 words
-
Article, Illustration140 2008-11-01 27 YOU'LL need speakers not just the run-of-the-mill stereo music kind, but at least a 5.1 channel setup, which means two side speakers, a centre speaker, two rear ones and a subwoofer. Sony takes the confusion out of choosing individual speakers by offering its HT-***** package ($799). It gives140 words
-
-
-
HEALTH
-
Article, Illustration1202 2008-11-01 28 Cheah Ui- Hoon - Cheah Ui-Hoon There's no need to check into a spa to enjoy the benefits that essential oils, flowers and Chinese herbs can offer. uihoon@sph.com.sg By PREVENTION better than cure is one of those things that begins at home. Think of the herbal soups that grandmother (especially ifFILE PHOTO; YEN MENG JIIN - 1,202 words
-
-
GOLF
-
Article, Illustration1153 2008-11-01 29 Justine Moss - Justine Moss Golfing events may feel the pinch from the global financial meltdown as MNCs think twice about event sponsorships. PROFESSIONAL sport has not been spared in the fallout from the global financial meltdown. And golf, especially, could be hit, as multinationals tighten their purseBERITA HARIAN FILE PHOTO - 1,153 words
-
-
SPORT
-
Article, Illustration891 2008-11-01 30 Anna Teo - Anna Teo no holds barred By NEVER mind the daily spin about the unending crisis or the unending battle to take over the White House. For some 38,000 Americans (and assorted others), the buzz of the past couple of months culminates tomorrow in a big runBLOOMBERG FILE PHOTO - 891 words
-
-
MOTORING
-
Article, Illustration846 2008-11-01 31 CY Chew - CY Chew Audi's latest S4 may have a smaller engine capacity than the outgoing model but it is still brawny and is 27 per cent more fuel efficient. CV Chew N today's gloomy economic climate, lots of companies are downsizing and trying to do more with less.846 words
-
Article, Illustration689 2008-11-01 32 Samuel Ec - Samuel Ec fl watch By samuelee@sph.com.sg WE all know Lewis Hamilton is fast. But tomorrow, in the last Fl race of the season, he may go one step better and teleport himself to victory. Yes, young, precocious and oh so talented Lewis could689 words
-
Article, Illustration685 2008-11-01 33 Samuel Ec - Samuel Ec With just one letter suffixed to its long name, the Maserati GranTurismo S has been transformed from Italian housewife into Italian sex bomb. By v m HEN the Maserati GranTurismo was introduced early last year, the beautiful coupe also unveiled what is arguably the most sensuous looking685 words
-
-
-
Page 18 Miscellaneous
-
Miscellaneous43 2008-11-01 18 dining New concept home parties L2-4 shopping Closet gems Ll2-13 GOLF Sponsorship issues Ll6 travel Paris's Left Bank LB-9 gadgets Stay-at-home fun Ll4 NO holds barred NYC marathon Ll7 home garden Sitting pretty LlO-11 health Home therapies Ll5 motoring Maserati's sex bomb L2O43 words
-
-
Page 20 Advertisements
-
Advertisement755 2008-11-01 20 Wine^ Cline with BTWeekend Pine Court Chinese Restaurant Sens in Montpellier, this former right-hand Peach Blossoms, Level 5 Pan Pacl"c Singapore Level 35, Grand Tower man to the Michelin star twin chefs a 6845 1111 Plated Indulgence Meritus Mandarin Singapore Jacques and Laurent Poucel is set to take Weekend Dim755 words
-
-
Page 24 Advertisements
-
Advertisement75 2008-11-01 24 BRILLIANT FEATURES: High performance and balance of 3000 lumens with a 2000:1 contrast ratio True-to-life colors of DLP® with Brilliant Color™ technology Display Link content-over-USB for fast setup Lite Touch™ control LfnFocus The Big Picture HOW TO ZAP: Download software by SMS-ing the word "zap" to *****. Zap the code75 words
-
-
Page 30 Advertisements
-
Advertisement13 2008-11-01 30 RADDO 1100°/° puRE fUK I frKTRAIJA SYDNEY TM4C2OOBTWENTIETHCENTURYFOXFILMCORPORATION. IOUVISW ttUSTV*H« ALL RIGHTS RESERVED.13 words
-
-
WORLD
-
Article, Illustration752 2008-11-01 34 Reuters What's needed is a hefty infrastructure spending programme to boost commodities demand, as slowing exports affect growth Beijing/Singapore CHINA'S third interest rate cut in six weeks will be much less of a boost to commodities demand in the world's fastest-growing consumerReuters; REUTERS - 752 words
-
Article343 2008-11-01 34 Reuters Beijing A BRITISH scrap metal trader says he was abducted and held for several days by his Chinese customers in a type of business dispute that could increase as falling prices tempt companies to default. Anil Srivastav of Goldarrow Metals Ltd said he wasReuters - 343 words
-
253 2008-11-01 34 Reuters Kuala Lumpur MALAYSIA cut the price of petrol yesterday, reducing the pump price for unleaded by 6.5 per cent and for diesel by 6.8 per cent after global crude oil prices fell. The price of petrol was cut to RM2.15 (550.90) aReuters - 253 words
-
Article, Illustration504 2008-11-01 35 Bloomberg Foreign firms could own as much as 49% in local insurers, up from 26% now New Delhi INDIA'S cabinet has approved legislation that will allow companies such as American International Group Inc and New York Life Insurance Co to ownBloomberg; AFP FILE PHOTO - 504 words
-
526 2008-11-01 35 LAT-WP Beijing DESPITE fears to the contrary here, China and its burgeoning economy have never become a major issue in the gruelling American presidential election campaign. As a result, Chinese observers are watching a small appearance in the final days of the campaign withLAT-WP - 526 words
-
370 2008-11-01 35 Bloomberg Geneva WORLD Trade Organization judges reversed a ruling that Indian duties on US alcohol imports don't discriminate against products such as Brown-Forman Corp's Jack Daniels whiskey, backing the Bush administration's appeal. The US lodged its complaint with the Geneva-based trade arbiter inBloomberg - 370 words
-
536 2008-11-01 36 AP LATEST US DATA Wages, benefits in Q3 rise by a moderate 0.7 per cent, matching the gains in the previous two quarters Washington CONSUMER spending in the United States dropped in September by the largest amount in more than four years,AP - 536 words
-
Article, Illustration581 2008-11-01 36 Bloomberg London BARCLAYS pic, Britain's sec-ond-biggest bank, will raise £7.3 billion (5517.6 billion) by selling securities to investors, including funds in Abu Dhabi and Qatar, to restore capital without tapping the UK's bailout plan. Barclays will sell £5.8 billionBloomberg - 581 words
-
Article, Illustration614 2008-11-01 37 The company does not want to accept any conditions on online ad sharing that antitrust officials may impose San Francisco GOOGLE may announce by the middle of next week it is dropping its proposed merger with Yahoo because it is reluctant toAFP - 614 words
-
345 2008-11-01 37 Reuters, NYT Bangalore TROUBLED financial giants getting cash infusions from the US Federal Reserve owe their executives more than US$4O billion for past year's pay and pensions as of the end of 2007, the Wall Street Journal said in anReuters, NYT - 345 words
-
226 2008-11-01 37 Nisha Ramchandani - Nisha Ramchandani By nishar@sph.com.sg Singapore MALAYSIA Airlines (MAS) may cut capacity again to combat flagging travel demand. "If things get really bad, we will review capacity one more time," CEO Idris lala was quoted as saying in a Bloomberg report. "If there's226 words
-
-
Page 36 Advertisements
-
Advertisement136 2008-11-01 36 A WATS RECRUIT Nlan corporate advisory nlan Corporate Advisory is a boutique corporate restructuring and advisory firm based in Singapore. We serve a wide range of local and global clients. Our capabilities and the services we provide include: Complex Corporate Restructuring; Corporate Advisory (mergers acquisitions, business valuations etc); and Investigation136 words
-
-
Page 37 Advertisements
-
Advertisement11 2008-11-01 37 Lianhe Zaobao I To deal with I financial tsunami I gg2oiogig^ie»?11 words
-
-
SGX
-
Article9028 2008-11-01 38 SZ-wks Tel ligh Low Code Company Last Sale Vol Day Last Quote C000) High Low Buyer Seller Div GrYld C'vr Net P/E M Cap $mil 4 3 3148 8Telecom 9 3 5834 A-Sonic 10 100 6389 ABF SG Bond ETF !1 6 1938 AEI Corp J>9,028 words
-
Article1759 2008-11-01 41 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum1,759 words
-
Article48 2008-11-01 41 Up Down Unch 6 4 6 Up Down Unch 0 0 0 Up Down Unch 6 4 6 lulti Ind lanui Fact :unni ■ommerce -inance .onst ruction Ibtel Ists >ervices led ias/ TateF linini larr Active counters with no volume for todai are not included48 words
-
Article47 2008-11-01 41 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 55,368 55,368 88,512 88,512 lanui Facl :unm .ommerce -inance .onst :rud :ion 3foj jerties Totel Ists >ervices led jas/ ler Icul ire iiiarr Sing foreign stocks. Value calculated using Monday's exchange rates.47 words
-
Article853 2008-11-01 41 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS For week beginning Oct 28 Trans Date Shareholder/ Director Sell Conv Shares '000 Per ShrS Before (TOO) After ('000) Trans Date Substantial Shareholder/ Director Buy Sell Cony No of Shares '000 Price Per Shr$ SHAREHOLDING Before After ('000) ('000) itock Stock Lian Beng853 words
-
STOCK MARKETS
-
363 2008-11-01 42 Oct30 dy yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminai 704.6 2.2 -37.7 0.6 -39.1 2.2 -40.5 EAFE Preliminai 670.8 3.2 -40.1 1.5 -43.5 3.2 -44.8 Euroi Preliminai 928.6 1.0 -39.8 -0.8 -46.5 0.9 -47.7 Pacific 570.6 7.8363 words
-
Article150 2008-11-01 42 Oct3l\ Against S$ :urrencies Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 0.9780 0.9796 Against US? Bid Offer 0.6597 0.6602 :anadian dollar 1.2072 1.2089 0.8143 0.8147 Euro 1.8841 1.8862 1.2709 1.2712 NZ dollar 0.8566 0.8579 0.5778 0.5782 jterlini 2.3984 2.4015 1.6178 1.618! US dollar150 words
-
Article70 2008-11-01 42 oa3oll IOCOA (£/tonne) Close Prey Hi, fLow Dec 08 1326 1345 1362/1322 Mar 09 1341 1356 1374/1338 May 09 1351 1366 1371/1350 Jul 09 1361 1376 1370/1360 COFFEE (US$/tonne) Close Pev High/Low Nov08 1557 1587 1622/1550 Jan 09 1610 1642 1675/1603 SUGAR (US tonne) White Close Prey High/Low Dec70 words
-
Article105 2008-11-01 42 H Oct 3o|| SOYBEANS (5,000 bu min; USc/60 Ib bushels) Close Previous High/Low Nov08 934.00 937.25 944.00 920.00 Jan 09 943.00 947.00 953.50 928.00 Mar 09 955.00 959.25 966.00 946.00 May 09 965.75 969.50 974.00 955.00 SOYBEAN/OIL (60,000 lbs; usq/lb) Close Previous High/Low Dec 08 34.48 34.33 34.58105 words
-
Article75 2008-11-01 42 Oct 3p| CRUDE USS/barrel (FOB origin) Close Change Brent blend (1-Mth F) WTI (Near Mth) Dubai (1-Mth F) Tapis blend Minas 61.98 -3.61 65.18 -2.94 61.39 2.73 69.75 2.85 68.50 2.85 PRODUCT USS/barrel (FOB Spore) Close Change Naphtha Jet Kerosene 36.10 1.50 80.80 4.00 USS/barrel Opec Oil Basket Price75 words
-
Article72 2008-11-01 42 Oct 3 j| GOLD (US$/oz) Oct 31 Oct 30 Hong Kong 727.60 771.70 728.60 772.70 Oct 30 Oct 29 London 738.30 755.10 740.80 757.60 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 14.62 14.39 PLATINUM Lon (US$/oz) Oct 30 Close Previous PM Fix 841.00 817.00 AM Fix 797.0072 words
-
Article65 2008-11-01 42 Oct 3?| KLCE PALM FUTURES (RM/MT) Deliver/ Opening Sett Av Month Range Price Price Low Vol Done Open Position Hi, Nov08 1535 Dec 08 1510 Jan 09 1500 Feb 09 1503 Total o/p: ***** contracts 1560 1582 1531 1510 1538 1499 1515 1539 1491 1515 1540 1498 Turnover:65 words
-
Article71 2008-11-01 42 oa 3o| Uumlnlum, 99.7% mrity (US$/tonne) Close Previous :ash months 2007.80 2060.00 2097.80 2152.00 lopper, Grade A ;us$/tonne) lash J months 4194.00 4200.00 4650.00 4651.00 ■ead (US$; "onne* :ash 1 months 1512.00 1520.00 1575.50 1580.00 lickel ;us$/tonne; Close Previous Cash 3 months Tin (US$/tonne; *****.00 *****.00 *****.00 *****.0071 words
-
-
Page 38 Advertisements
-
Advertisement8 2008-11-01 38 Sole Distributor Service Centre: WP V^ vi,' Ift8 words
-
-
PERSPECTIVE
-
Article, Illustration1364 2008-11-01 43 Keiichiro Kobayashi - Keiichiro Kobayashi A stabilisation Fund may ward off a spiral of steady economic decline. HE current crisis in j the United States and European financial systems seems to be growing similarly to Japan's banking crisis of the late ,^^^L 1990s and early 2000s.REUTERS - 1,364 words
-
Article, Illustration851 2008-11-01 43 William Pesek JR - William Pesek JR Bloomberg Bloomberg columnist IT used to be that we searched for economic icebergs in Asia. Now we are on the lookout for Icelands. Last week, Iceland became the first developed economy to seek aid from the International Monetary Fund (IMF) since 1976.Bloomberg - 851 words
-
-
Page 43 Advertisements
-
Advertisement102 2008-11-01 43 OUT NOW! The November issue of Pulses is out! DISCOVER how Straits Asia Resources CEO Richard Ong got his pot of gold. LEARN tips for defensive investing and how to apply the risk arbitrage technique successfully. UNDERSTAND what is happening in <9l Get your the construction industry. copy from any102 words
-
-
Wealth
-
Article, Illustration753 2008-11-01 44 Conrad Tan - Conrad Tan Poor earnings visibility makes usual measures such as price-earnings ratios unreliable. WITH share prices plummeting almost daily and legendary investors such as Warren Buffett urging Americans to buy US equities, is it finally time to get back into the stock market? Not753 words
-
Article227 2008-11-01 44 CATEGORY 1-MTH 3-MTH 6-MTH 1-YR ANNUALISED 3-YR S-YR CY200: JPYBond 13.12 19.61 16.98 19.87 1.51 -0.63 0.20 US Dollar Money Market 4.09 8.40 9.33 3.65 -1.00 -0.52 -2.24 US Dollar Government Bond 3.16 8.06 8.02 5.35 -0.41 -0.06 -0.18 US Dollar Diversified Bond -0.71 2.02 1.29 -2.58 -2.63227 words
-
WEALTH INVESTING
-
Article, Illustration919 2008-11-01 44 Bloomberg Offshore oil discovery, rising commodity prices and government spending drove the market to a 64% gain this year, making it the world's best-performing bourse Accra VENDORS hawking handbags and fruit along downtown Accra's Liberia Road are busier than the traders five storiesBloomberg; BLOOMBERG - 919 words
-
Article, Illustration1435 2008-11-01 45 Roy Varghese - Roy Varghese WEALTH INSIGHTS We have no control over the direction of the stock market, so let's stay invested in a globally diversified portfolio Foundation Adviser ipac Singapore HE stock market is oversold in an un- precedented way as it continues to defyBloomberg - 1,435 words
-
Article544 2008-11-01 46 Jamie Lee - Jamie Lee Cosco Corporation Sell DMG Partners Securities Oct3l close: $0,775 ON a year-on-year comparison, Cosco Corporation's revenue surged 80.7 per cent to $987.7 million in Q3 2008 as order backlog for shipbuilding and marine engineering was recognised. Revenue from this segment contributed 92.1 per cent (an increase544 words
-
Article, Illustration1541 2008-11-01 47 Teh Hooi Ling - Teh Hooi Ling show me the money Key is to pick firms that won't go bust, and be sure that you will not need the money committed for the next five years hooiling@sph.com.sg Senior correspondent THE current financial crisis, which germinated in1,541 words
-
-
WEALTH REAL ESTATE
-
Article, Illustration989 2008-11-01 49 Arthur Sim - Arthur Sim Move welcomed in property circles as timely. By GOVERNMENT Land Sales (GLS) from the Confirmed List of state sites have been suspended for the first half of next year. The remaining sites on the Confirmed List will be transferred to the Reserve989 words
-
-
-
Page 46 Advertisements
-
Advertisement534 2008-11-01 46 -p^ T^/^TtT TTTP Toll free: 1800-289-8822 YJ \J Email:recruit@sph.com.sg XXJLi V-J XW^/ JL _L www.st701.com CAREER OPPORTUNITY IN GLOBAL I INVESTMENTS PORTFOLIO MANAGEMENT Al Mojil Investment is a fast growing and dynamic private investment company based in the Middle East. We are currently expanding our team of research and investment534 words
-
-
Page 48 Advertisements
-
Advertisement739 2008-11-01 48 PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) District 2 TheAmarelle ~~Apt 13/10/2008 FH~ 570 ~~590 1035* LANDED TheEsta Apt 16/10/2008 FH 1313 1175 895 Craigßd 2-Sh 13/10/2008 99 1604 2100 1309739 words
-