The Business Times, 4 November 2008

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Microfilm: NL29538
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg mkW A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Tuesday, November 4,2008
    20 words
  • Article, Illustration
    Lock icon Govts act to breathe life into economies
    846 1  -  CONRAD TAN Reflation takes centre stage; Seoul joins bandwagon with S$ 16.4b package By [SINGAPORE] Central banks and governments worldwide are slashing interest rates and pumping billions of dollars into their economies to boost faltering growth. Reflation is the name of the game.
    PHOTO BYAP  -  846 words
  • Article
    Lock icon Crunch bites, more quit JTC facilities
    449 1  -  EMILYN YAP Many pull out of factories as they merge operations By [SINGAPORE] The economic slowdown is making its mark again, this time in numbers from JTC Corporation's quarterly facilities report for Q3 2008. More manufacturing and related businesses returned industrial space to JTC
    449 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      44 1 KL COMP 899.35 +35.74 NIKKEI 225 Closed HANG SENG 14,344.37 +375.70 SET INDEX 449.19 +32.66 JAKARTA COMP 1,352.72 +96.01 MANILA COMP 2,025.58 +74.49 SEOUL COMP 1,129.08 +16.02 SHENZHENB 225.26 +2.27 MUMBAI IND 10,337.68 +549.62 11AM EDT Chani DOW 9,352.25 +27.24 NASDAQ 1,732.18 +11.23
      44 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 16.725 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 4.50 US 4.00 CANADA 4.00 SWITZERLAND 2.52 INDIA 13.75 Source
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      49 1 us$ S$ US$ (S$ per US$) 1.469 (US$/S$ per 1.632 2.396 EURO (USS/SS/E) 1.282 1.883 Foreign currency per US$ S$ YEN 99.20 67.50 RM 3.521 2.397 HK$ 7.751 5.278 BAHT 34.94 23.79 RUPIAH 10,800 7,354 RENMINBI 6.838 4.656 INDIAN RUPEE 48.75 33.20 A$ 1.465 0.998 NZ$ 1.684 1.147
      49 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      56 1 J^^| SMEINC SME COMMENTARY CORPORATE GLOBAL JQ Dos and don'ts The case for family-owned RESULTS FINANCIAL CRISIS T- -W of SME marketing businesses SATS: Q2 profit Top European banks rnk page 11 page 12 down 33.5% pages take a hit page 18 MMMMMMMMmTM* MMmMmmmw9WM MMM m. A Mm V Wmw4m\
      56 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Govts act to breathe life into economies
        79 2 CENTRAL banks and governments worldwide are slashing interest rates and pumping billions of dollars into their economies to boost faltering growth. Reflation is the name of the game. The desperate hope is that a combination of lower borrowing costs, direct government spending and
        79 words
      • Article
        Lock icon Crunch bites, more quit JTC facilities
        63 2 THE economic slowdown is making its mark again, this time in numbers from JTC Corporation's quarterly facilities report for Q3 2008. More manufacturing and related businesses returned industrial space to JTC as many merged their operations. Termination at ready-built facilities in Q3 2008 jumped
        63 words
      • Article
        Lock icon Black October eats into Temasek's paper wealth
        82 2 LAST month's market upheaval swept away $16.4 billion in market value from Temasek Holdings' portfolio of major investments in Singapore-listed companies alone. Calculations, based on the shrunken market capitalisation of 12 companies Temasek has a significant stake in, show that the value of
        82 words
      • Article
        Lock icon Airlines skittish as passengers dwindle
        69 2 SINGAPORE Airlines led the charge by first cutting its fuel surcharges when the price of jet fuel eased and since then, other airlines like Qantas, Lufthansa, Thai Airways and Cathay Pacific have joined the pack. But while this may be welcome news to travellers, the
        69 words
      • Article
        Lock icon SATS Q2 earnings dive 33.5%
        58 2 SINGAPORE Airport Terminal Services is bracing for a figurative storm as the aviation industry battles severe turbulence. Changi's biggest ground-services player has suffered one of its sharpest quarterly earnings dives in recent memory, thanks to rising costs, falling traffic, lower contributions from associates and a
        58 words
      • Article
        Lock icon CWT Q3 profit soars to $54.2m
        69 2 CWT Ltd has registered a net profit of $54.2 million for the third quarter, an increase of 642 per cent compared with the same quarter a year ago. Revenue for the quarter was $154 million, up 20 per cent compared with Q3 2007. The
        69 words
      • Article
        Lock icon Electric cars, buses among ideas to energise Singapore
        60 2 ELECTRIFICATION of transport here, including cars and buses, possible use of alternatives like solar and nuclear energy, financing of pilot energy initiatives and tapping the available talent here for energy R&D these were among the many ideas for Singapore from a specially
        60 words
      • Article
        Lock icon Questions raised over RM5b EPF loan
        80 2 FEARS that a state-linked investment fund is being lent RMS billion (Ss2.l billion) by Malaysia's biggest pension fund to help it meet debt obligations are largely misplaced, a government official told BT. A news website has raised questions about the government's directive to the
        80 words
    • Article
      Lock icon Black October eats into Temasek's paper wealth
      530 2  -  TEH SHI NING $16.4b wiped off from portfolio of major listed Spore companies By [SINGAPORE] Last month's market upheaval swept away $16.4 billion in market value from Temasek Holdings' portfolio of major investments in Singa-pore-listed companies alone. Calculations, based on the shrunken market
      530 words
    • Article
      Lock icon Airlines skittish as passengers dwindle
      643 4  -  NISHA RAMCHANDANI Carriers struggle to adjust fuel surcharges while traffic falls on global scale By [SINGAPORE] Singapore Airlines (SIA) led the charge by first cutting its fuel surcharges when the price of jet fuel eased and since then, other airlines like Qantas, Lufthansa, Thai Airways
      643 words
    • Article, Illustration
      Lock icon Obama, McCain wring out the last votes
      661 4 Bloomberg US PRESIDENTIAL ELECTION [WASHINGTON] Barack Obama and John McCain are chasing each other and the presidency across an array of battleground states as the race for the White House finishes with a furious dash to today's voting. Democratic nominee Mr Obama was
      – Bloomberg; AP  -  661 words
    • Article
      Lock icon SIA levies US$5O fee on economy exit-row seats
      350 4  -  NISHA RAMCHANDANI No such charge on short-haul S-E Asia, 8777-200ER flights [SINGAPORE] Following in the footsteps of some US and low-cost carriers, Singapore Airlines said yesterday that economy-class passengers who want exit-row seats with more legroom will have to pay a US$5O
      350 words
    • Article
      Lock icon US$52b sucked out of equity, bond funds
      381 4  -  GENEVIEVE CUA But this is dwarfed by USs7oob in asset destruction [SINGAPORE] Equity and bond funds tracked by EPFR Global saw outflows of US$52 billion in October, but that was dwarfed by the US$7OO billion in asset destruction wrought by sinking markets and
      381 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      522 2 Exotic Options and Structured FX forwards DatCS Structured products and traditional option offerings are often enhanced with exotic 11-12 December 2008 payoff features ranging from Average through Barrier, Basket, Binary to Zero Cost. 9.00 am to 5.00pm Oftentimes, traditional currency forward contracts can be 'revamped' with option technology suiting specific
      522 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      211 2 One Idea Can Change Your World U TDcinf OPUITI Delivering successful Outcomes in Today's Global Environment One of the most important changes affecting work right now is the movement of Generation X into management positions, soon to be followed by Generation Y. At the same time, the process of globalisation
      211 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      213 3 1 B^ .<T Dreams. Realities. The tower cranes are still. The drills are silent. At Citi, we work around the world and around the And for a weary group of Guangzhou construction clock, providing our clients with innovative thinking workers, the long work day has finally come to an and
      213 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon SATS Q2 profit dives 33.5% to $32.4m
      511 5  -  YEN SREENIVASAN SIA unit cites rising costs, slowdown, credit-linked note write-off for the fall WHEN it rains, it sometimes pours. And Singapore Airport Terminal Services (SATS) is bracing for a figurative storm as the aviation industry battles severe turbulence. Changi's biggest ground-services player
      FILE PHOTO  -  511 words
    • Article
      Lock icon Electro Tech Investments planning merger with ETLA
      298 5  -  LEE U-WEN ELECTRONICS firm Electro Tech Investments Ltd is planning to merge with contract equipment maker ETLA, the companies announced in a joint statement yesterday. The proposed merger would see Electro Tech acquire all the shares in the capital of ETLA, in consideration
      298 words
    • Article
      Lock icon SIA Engg Q2 net dips 1.5% to $73.4m
      548 5  -  YEN SREENIVASAN Moderate growth, lower contributions from JVs cited THE impact of a creeping slowdown in the aviation industry saw SIA Engineering Co's (SIAEC) topline revenue growth moderating during the second quarter, while contributions from its 22 associates and joint ventures slipped
      548 words
    • Article
      Lock icon Hong Leong Fin reports 16.2% fall in Q3 profit
      396 5  -  SIOW LI SEN HONG Leong Finance yesterday said third quarter net profit fell 16.2 per cent to $30.9 million as it sold less loans and raised provisions in line with a slowing economy. Annualised earnings per share fell to 28.07 cents
      396 words
    • Article
      Lock icon GEH Q3 profit up 9% but 9-month net down 51%
      390 5  -  GENEVIEVE CUA GREAT Eastern Holdings' profit for the first nine months of the year fell 51 per cent to $195.9 million, dragged down by mark-to-market losses and a drop in investment profit from insurance funds. But in the third quarter
      390 words
    • Article, Illustration
      Lock icon Pytheas to invest $94m in Addvalue
      424 6  -  TEH SHI NING MAINBOARD-LISTED Addvalue Technologies is set to receive up to $94.46 million in cash from Pytheas (Cyprus) Ltd for 860 million newly issued shares under a recent investment agreement. This deal will make Pytheas (Cyprus), which is part of the Pytheas international
      FILE PHOTO  -  424 words
    • Article
      Lock icon Asset sale keeps CWT in the black
      429 6  -  ARTHUR SIM Q3 profit soars to $54.2 m, thanks mainly to $55.7 m one-time gain CWT Ltd has registered a net profit of $54.2 million for the third quarter, a sixfold increase compared with the same quarter a year ago. Revenue for the
      429 words
    • Article
      Lock icon E3 to thrash out future of CEO, chairman today
      501 6  -  CHEWXIANG AGM WATCH By SHAREHOLDERS of troubled E3 Holdings are meeting this morning to thrash out the fate of the company's management. Also at stake is over $26 million that has been sent to China to support the company's investments there.
      501 words
    • Article, Illustration
      Lock icon KS Energy seizing new North Sea opportunities
      558 9  -  RONNIE LIM Firm talking to companies in alternative power projects there By KS ENERGY (KSE), which has secured about $220 million worth of firm and optional rig contracts in the North Sea, sees alternative energy projects there, such as wind power, as an
      558 words
    • Article
      Lock icon DBS launches credit card aimed at SME bosses
      367 9  -  CHEN HUIFEN By UNDAUNTED by the climate of caution and belt-tightening among businesses, DBS has launched a credit card aimed at the SME bosses to help them with small savings while spending. Called the DBS World Business Card, it gives SME bosses
      367 words
    • COMPANY BRIEFS
      • Article
        Lock icon FibreChem Q3 profit down 18.5%
        41 9 CHINA-BASED chemical fibre maker FibreChem Technologies reported that net profit for the third quarter ended Sept 30, 2008, fell 18.5 per cent to HK5120.57 million (5522.9 miUion). Revenue for the period was flat at HK5482.58 million.
        41 words
      • Article
        Lock icon SGX bid to attract Fujian firms
        30 9 THE Singapore Exchange has signed a pact with the Fujian Development and Reform Commission Office to promote the listings of Fujian enterprises on SGX.
        30 words
      • Article
        Lock icon ARA 9-month earnings soar
        49 9 ARA Asset Management has posted a net profit of $27.2 million for the three quarters ended Sept 30, 2008, up 138 per cent from $11.4 million a year ago. Total revenue for the period rose 95 per cent to $51.8 million from $26.6 million previously.
        49 words
      • Article
        Lock icon Profit warning from CDW Hldgs
        36 9 CDW Holding warned yesterday that it is expecting an operating loss for the nine months ended Sept 30, 2008, but an operating profit for the third quarter ended the same day.
        36 words
      • Article
        Lock icon FJ Benjamin director resigns
        44 9 FJ Benjamin Holdings said yesterday that Chew Gek Khim has resigned as a director to concentrate on her other appointments. Ms Chew, 46, is also executive chairman of Tecity Pte Ltd and deputy chairman of the Tan Chin Tuan Foundation.
        44 words
    • Article
      Lock icon At a glance
      236 9 Ml a tJIcUlie 3 months ended September 2008 9 months ended September 2008 NET PROFIT TURNOVER NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT PREVIOUS %CHNG (S$m) (S$m) CURRENT PREVIOUS CHNG CURRENT PREVIOUS (S$m) (S$m) CHNG 1 Great Eastern 135.20 124.40 8.7 2,512.80 2,222.70 13.1 2 CWT 55.09
      236 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      119 5 lejHmKi Byi^iS? i-^' H 1 B*jS Bui HBEsE RVCO Rpß<" :;:"S"4?"I ImnHmMim AJfuJin Ly/ue SSSPJI www.servcorp.com.sg I Instantly in Business I From $90* per month! A |l No set up fees, no security deposit, morth to mcntn flexibility M Prestigious address for your business cards and letterhead Access to over
      119 words
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      154 6 Billecart-Salmon Champagne Dinner 2008 Presented by Antoine Billecart Tuesday 11th November 2008 Prive, Marina at Keppel Bay MENU Lightly Poached Kumamoto Oysters, Gelee of Beef and Sea Water Billecart-Salmon Brut Reserve NY (Balthazar 12L) Carpaccio of Hokkaido Scallop, Menagerie of Caviar "">* Billecart-Salmon Blanc de Blanc Grand Cru 1998 lAumoniere
      154 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      116 6 SAVE TAX Our qualified professionals W/m\~L _tf can assist you with offshore J structures, shelf companies and incorporations in ALL jurisdictions including: -i^ff MM MM MM irt_^_^d_B_lil 7^f British Virgin Islands P^^^^^^^L Cayman Islands mmmm7T mj mmm\ 7^| Bahamas Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate
      116 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      102 7 BT<£ Bringing it all together fir ?"i 1 >^> X^e Congratulations on the grand opening of BT South East Asia Regional Headquarters at Technopark@Chai Chee 4 November 2008 BT Singapore has moved to a new location, together with BT Frontline, atTechnopark@Chai Chee. We are now one big family under BT
      102 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STl's gains rise to 18% in one week
      604 8  -  R SIVANITHY STOCKS Oversold bounce in index marks fourth increase in five consecutive sessions THE oversold bounce in the Straits Times Index that started last Tuesday continued for a fourth day out of five yesterday, this time taking the benchmark up 89.55
      Bloomberg  -  604 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      93 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 12 1 2 0 0 0 12 1 2 Manufacturing 106 32 42 11 13 117 33 55 Commerce 41 46 Tpt/Stor/Comms 30 32 Finance 32 32 Construction 10 13 Properties 26 12
      93 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      120 8 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 40.258 40.258 78.248 78.248 Manufacturing 397.397 119.191 516.588 191.766 3.454 195.220 Commerce 100.686 16.802 117.488 87.385 2.488 89.873 Tpt/Stor/Comms 155.830 314 156.144 210.968 38 211.006 Finance 47.333 47.333 235.501 235.501 Construction 30.745 7.036 37.781 2.815
      120 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      107 8 CapitaLand 3.010 4-0.160 CapitaMall 2.100 4-0.200 CityDev 6.460 4-0.160 Cosco Corp 0.820 4-0.045 DBS Grp 11.680 4-0.660 F&N 2.910 4-0.180 Gent Intl 0.390 4-0.030 Golden Agri 0.220 4-0.030 HK Land 2.690 4-0.030 JMH 23.480 -0.020 JSH 12.200 4-0.260 JardineC&C 10.700 4-1.440 Keppel Corp 5.000 4-0.520 Keppel
      107 words
    • Article
      Lock icon BROKERS' TAKE
      298 8  -  CONRAD TAN United Overseas Bank Nov 3 close: $13.70 DMG Partners Securities, Nov 3 UOB reported Q3 2008 net profit of $475 million, down 5.1 per cent y-o-y and 20.9 per cent q-o-q. This is slightly below our expectations due to weakness in non-interest income. Net interest income
      298 words
    • Article, Illustration
      Lock icon Bear rally may continue after US election
      314 8  -  KEN TAI CHART POINT THE Straits Times Index (STI) may have found a temporary bottom at 1,473 (down 62 per cent from 2007's peak of 3,906). The index has since rebounded 28 per cent to close at 1,884, which is above our mid-term
      Bloomberg  -  314 words
    • Article, Illustration
      Lock icon As, won jump 5% vs yen as stocks surge
      533 8  -  LARRY WEE CURRENCIES I ASIAN stock markets enjoyed a fine comeback yesterday, helping to inspire a return of some risk appetite that also lifted beat-en-down currencies smartly against the US dollar and Japanese yen. Indeed, despite the spectre of another busy
      Reuters  -  533 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      56 8 Nov 3 VALUE CLOSE BT OB/OS -375.00 +440.0 BT CADI -*****.00+281.0 BT 10-day MA -*****.00 -38.00 FTSE ST Mid Cap 373.00+28.24 FTSE ST Small Cap 304.92+19.28 FTSE ST All Share 448.93 +23.80 FTSE ST China Top 164.39+11.16 FTSE ST China 167.76+11.35 UOB Catalist 79.67 +1.86 SIMSCI 227.47+13.09
      56 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      62 8 VOLUME Golden 'i 181,366,000 Jade Tech 99,030,000 China Honi ]xin< 43,940,000 IndoAi 43,884,00! Noble Gr| 38,937,000 StraitsAsia 37,480,000 Cosco Cor| 35,836,000 Sini iTel 29,238,00! FirstRes 24,233,000 AusGrou 23,825,000 VALUE($) Sin« iTel 74,303,895 DBS Gr| 72,589,560 UOB 57,666,300 .and 51,704,452 S I A 50,247,360 Kei Con 47,620,63! Noble
      62 words
    • Article
      Lock icon RISES
      108 8 CLOSE UP OCBC Bk 5.1 %NCPS 100 8520 170.0 2.0 Jardine C&C 1070 144.0 15.6 OCBCCai 5.1%NCPS 100 8200 140.0 1.7 OCBC Bk4.5%NCPS 100 7500 134.0 1.8 GLD 10US 7260 96.9 0.9 S I A 1192 84.0 7.6 UOB 5.05%NCPS 100 8570 70.0 0.8 UOB 1370 68.0 5.2 DBS
      108 words
    • Article
      Lock icon FALLS
      121 8 DBS Bk6% NCPS 10 CLOSE DOWN 9470-250.0 -2.6 STI 2450 DBePW*****1 120 -43.0 -26.4 DBS RBePW*****8 59 -25.5 -30.2 STI2350BNPePW*****0 100 -19.0 -16.0 STI 2250 DBePW*****2 87.5 -11.5 -11.6 Star Hub 227 -11.0 -4.6 STI2050BNPePW*****9 39 -10.0 -20.4 STI 1950 DBePW*****2 50 -8.5 -14.5 STI 2500BNPePW*****6 86.5 -7.5 -8.0
      121 words
    • Article
      Lock icon CURRENCIES
      84 8 iere! S$ stands Nov 3 CHNG CLOSE FR0O31 YR2008 S$ LOW S$ HIGH USS 1.4707 0.71 1.5155 1.3457 Euro 1.8898 -0.01 2.2064 1.8640 Pounds 2.3881 0.50 2.8431 2.3088 AS 1.0001 -2.02 1.3251 0.9068 Yen* 1.4809 3.15 1.6645 1.2619 Rupiah* 0.***** 0.26 0.***** 0.***** Baht* 4.2080 0.43 4.4299 4.0190 Peso*
      84 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      101 8 E !^|l)::T!U r iVIAUK!;I'VOLATILITY The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and needs. CFDs are leveraged products and have the potential for both significant gains as well as losses. Before
      101 words
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  • Page 9 Advertisements
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      37 9 Wm BK3B m4Lm\ __Hk_J fl_F y II *****1111 —i ~m MW*MHIMK^^ Wf j H ____t^ ni V ~""*s I MBBp" fl| H________________r _____»-"™*^i___________________^__________ 5/^ ln&_' -*M V V Ik ___H A*^ A ________r __^H __^_____________L __IH______^^ _^^______l
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  • SINGAPORE NEWS
    • Article
      Lock icon Electric cars, buses among ideas to energise Singapore
      504 10  -  RONNIE LIM International panel of experts offers future direction to the energy sector ELECTRIFICATION of transport here, including cars and buses, possible use of alternatives like solar and nuclear energy, financing of pilot energy initiatives and tapping the available talent here for
      504 words
    • Article
      Lock icon Wind turbine firm to expand R&D team
      339 10  -  i JAMIE LEE VESTAS Wind Systems, the world's largest wind turbine maker, plans to hire about 300 people for its regional research centre in Singapore by 2012, a senior executive said. The credit crunch will not reduce the $500 million that the company
      339 words
    • Article
      Lock icon SIA's preferred seat policy a slippery slope
      591 10  -  LEE U-WEN COMMENTARY WHENEVER I board a plane, I always look longingly at those lucky enough to be seated along the exit rows of the cabin. Once in a blue moon, the airline I'm flying on grants my request to have one of
      591 words
    • Article, Illustration
      Lock icon Resorts World's West Zone likely to open later
      492 10  -  ARTHUR SIM It needs space to help build up East Zone, which will be occupied by Universal Studios RESORTS World Sentosa (RWS) is in talks with government agencies including the Singapore Tourism Board, Urban Redevelopment Authority and Ministry of Trade and Industry
      TERENCE TAN/THE STRAITS TIMES  -  492 words
    • Article
      Lock icon Panel favours compensating women who donate eggs for research
      425 10  -  CHEN HUIFEN WOMEN who donate their eggs for research should be compensated for their loss of time and earnings, on top of being reimbursed for expenses, according to the Bioethics Advisory Committee (BAC). In a report detailing its recommendations on donation
      425 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      35 10 A. JLj XVrVJLj A^ JLj J^ 'jJ^KJB^ «/>:R Precious Time Pte Ltd www. pre cioustime.com.sg Millenia Walk #01-35 Chinatown Point #01-24/25 Lucky Plaza #01-85 Tel: 6336 9119 Tel: 6538 3008 Tel: 6836 0720 (Opening soon)
      35 words
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  • SME Inc
    • Article, Illustration
      Lock icon Dos and don'ts of SME marketing
      861 11 A client-centric approach is better than a product-centric approach for small companies, reports RACHEL SIM REGARDLESS of a company's size, marketing is the key to creating a successful brand and producing good turnover. With major companies looking to business hot spots in Asia for
      FILE PHOTOS  -  861 words
    • Article, Illustration
      Lock icon Keeping it in the family can be good
      1203 12 Well-run family-owned businesses can thrive for generations, enjoying advantages that conglomerates don't have, says RICHARD BOLTE JR ONE of the common fallacies about fami-ly-owned companies is that they can never grow to be large companies. When my father, the late Richard J
      FILE PHOTO  -  1,203 words
    • Article, Illustration
      Lock icon Educate investors, regulate banks
      376 12 THIS WEEK'S TOPIC Do you think more investor education is needed to help retirees understand complex investment products, or is regulation the best way to prevent mis-selling? John Koh Managing director WMRC Private Ltd "JUST like a patient seeking medical assistance from a physician, an investor
      FILE PHOTO  -  376 words
    • Article, Illustration
      Lock icon Protecting customer data crucial for SMEs
      748 13 IT MATTERS Companies have to safeguard such data at all times for the well-being of their business SMALL and medium enterprises (SMEs) cannot afford to lose critical customer information regardless of the economic outlook. They have to safeguard such data at all times for
      REUTERS  -  748 words
    • Article
      Lock icon A few stocks added
      351 13  -  TEH HOOI LING OCTOBER was a dreadful month for markets worldwide particularly for small-cap stocks. Many in our portfolio have fallen to their 2003 levels or even below. And while big-cap stocks may have bottomed, it appears it will take some time still for small caps
      351 words
    • Article, Illustration
      Lock icon Changes to fire safety rules save costs for firms
      507 13 PRO-ENTERPRISE CHANGES Building regulations have been relaxed when only small amounts of inflammable materials are present, reports OH BOON PING BUILDING services provider Jay Jay Engineer Services sometimes has to use flammable materials to met clients' needs. But despite the small
      507 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      532 11 Enjoy Attractive Fares and Slashed Transit Time! FIyANAtoUSA*SS6BO I Enjoy faster transits with ANA's daily morning and night flights to USA! Coupled with our amazing fares, you'll experience convenience, great value and lovely Japanese hospitality unlike any other! So book your next flight with ANA now! Hurry, seats are limited!
      532 words
  • Page 11 Miscellaneous
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  • Page 12 Miscellaneous
    • Miscellaneous
      Lock icon Page 12 Miscellaneous Column 1
      73 12 The topic for next week's SME Voices column is: "Where is a great holiday destination that offers good value for money, especially in down times like these? If you are an SME owner or leader, we would like you to share your views on the topic. Please e-mail your response,
      73 words
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  • Page 13 Advertisements
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      84 13 Suntec City Office Towers 9fBi The Business Capital of Asia m M Efficient regular floor plates of 14,000 sq ft to 17,000 sq ft to accommodate large corporations Selected consecutive floors can be amalgamated to 29,000 sq ft -------v..v.\ *w *VW Prestigious Business Address Panoramic city, Fountain of Wealth and
      84 words
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  • ECONOMY WATCH
    • Article
      Lock icon More US firms to cut jobs, spending as crisis deepens
      537 14 Bloomberg Half of respondents surveyed said credit crunch hurt their business directly [WASHINGTON] More companies in the US will cut jobs and spending after the credit crisis intensified and sales slumped, a private survey found. One-third of employers in October
      Bloomberg  -  537 words
    • Article, Illustration
      Lock icon Chinese factory output down sharply in Oct
      798 14 Reuters Officials focusing on consumption to stimulate growth [BEIJING] A measure of Chinese manufacturing activity showed factory output shrank sharply in October in the face of waning orders, while officials pledged further steps to boost domestic demand to keep the economy from slowing
      Reuters; AP  -  798 words
    • Article
      Lock icon HK purchasing index hits lowest level in 5 years
      320 14 Reuters [HONG KONG] Business activity in Hong Kong contracted for a fourth straight month in October, as order volumes fell at the fastest pace in five-and-a-half years due to weaker global demand, a purchasing managers' index (PMI) showed yesterday. Depressed activity
      Reuters  -  320 words
    • Article
      Lock icon Trichet extends ECB's powers, may slash rates
      626 14 Bloomberg Economists see rate cut from 3.75% now to 2.5% by April '09 [LONDON] European Central Bank (ECB) president Jean-Claude Trichet is extending the central bank's powers just as it gears up for what may be the fastest round of interest-rate cuts in
      Bloomberg  -  626 words
    • Article
      Lock icon France invites investment by foreign SWFs: paper
      196 14 Reuters [LONDON] France's state-owned finance house wants overseas sovereign wealth funds (SWFs) to co-invest in a vehicle created by President Nicolas Sarkozy to stop companies from falling to foreign predators, the Financial Times reported yesterday. Augustin de Romanet de Beaune, head of the
      – Reuters  -  196 words
    • Article
      Lock icon Further cut in Aussie rates expected today
      479 14 Reuters [SYDNEY] A rash of grim economic news from Australia yesterday looked to have set the seal on a further cut in interest rates this week and suggested even deeper reductions would be needed if the economy is to avoid recession. The Reserve
      – Reuters  -  479 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Questions raised over RM5b EPF loan
      398 15  -  S JAYASANKARAN But Malaysian government official says concerns are largely misplaced in Kuala Lumpur FEARS that a state-linked investment fund is being lent RMS billion (Ss2.l billion) by Malaysia's biggest pension fund to help it meet debt obligations are largely misplaced, a government official
      398 words
    • Article, Illustration
      Lock icon KL's Sept export growth may slow further
      616 15 Reuters, Bloomberg Economic growth will probably stall in 2009 at 0%: ÜBS [KUALA LUMPUR] Malaysia's September export growth is expected to slow further and lag import growth because of lower commodity prices and falling demand for electronic goods as a result of the
      – Reuters, Bloomberg; BLOOMBERG  -  616 words
    • Article, Illustration
      Lock icon Indonesian inflation slows in October
      413 15 Bloomberg Central bank may keep rates on hold this week [JAKARTA] Indonesia's inflation slowed more than economists expected in October, giving the central bank scope to keep interest rates on hold after raising borrowing costs for six straight months. Consumer prices increased 11.8 per cent
      Bloomberg; REUTERS  -  413 words
    • Article
      Lock icon Regulator wants Bakrie group to detail Bumi deal
      373 15 Reuters [JAKARTA] Indonesia's regulator said yesterday a trading suspension in shares of some Bakrie group firms would not be lifted until the group provides details on its plans to raise US$l.3 billion from the sale of a stake in coal miner Bumi
      Reuters  -  373 words
    • Article
      Lock icon US investments double to RM6.3b in M'sia
      445 15  -  PAULINE NG AMERICAN investments in Malaysia's manufacturing sector have more than doubled this year to RM6.3 billion (552.6 billion) from RM3 billion last year, the latest being a RM2BO million investment from Nas-daq-listed National Instruments (NI). The developer and manufacturer of software and
      445 words
    • Article
      Lock icon Global crisis cools investor interest in Iskandar
      404 15 Reuters [KUALA LUMPUR] Iskandar Malaysia, an economic zone in the southern state of Johor, is seeing lower investor interest since June due to the global financial crisis, an official said yesterday. "Earlier in the year until June, we received I think, two or
      – Reuters  -  404 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Historic cross-strait talks to start
      683 16 -AFP China envoy arrives in Taiwan; pro-independence party plans rallies [TAIPEI] The most senior Chinese official to visit Taiwan since the end of a civil war 60 years ago said yesterday that historic talks to take place this week are the only way to build
      -AFP; I AFP  -  683 words
    • Article, Illustration
      Lock icon India PM reassures business leaders of continued growth
      543 16 -AP [MUMBAI] The prime minister said yesterday that the government would take all steps necessary to ensure that a "severe and prolonged" global financial crisis does not derail India's growth and urged leading industrialists not to make sweeping layoffs. "I would like
      -AP; 1  -  543 words
    • Article
      Lock icon ING to retain fund business in Taiwan
      349 16 Heuters [TAIPEI] Cash-strapped Dutch financial giant ING plans to retain its Taiwan fund business, even after recently selling its local insurance unit for US$6OO million to raise money, an executive said yesterday. "(The insurance unit sale) has nothing to do with our fund
      Heuters  -  349 words
    • Article
      Lock icon China lifts caps on commercial bank loans
      388 16 AFP, Reuters Move aimed at minimising impact of global slowdown [BEIJING] China's central bank will lift limits on commercial bank loans to support stable and fast economic growth amid the global financial crisis, state media reported. Beijing is adjusting its monetary policy along
      AFP, Reuters  -  388 words
    • Article
      Lock icon China may play vital repair role in global crisis
      445 16 Reuters [BEIJING] Beijing and the deep pockets of China Inc are emerging as potentially vital players to limit the economic damage from the worst global financial crisis in 80 years. China, the world's fourth-largest economy, clearly has the wherewithal to take
      Reuters  -  445 words
    • Article
      Lock icon Steel producer building plant in West Bengal
      187 16 Reuters [SALBONI, India] JSW Steel Ltd, India's third-largest producer, has laid the foundation of an integrated steel unit in eastern West Bengal state to produce 10 million tonnes of steel by 2020. The project in a tax-free zone will entail an investment of
      Reuters  -  187 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Elections are fertile ground for market seers
      794 17 -NYT Forecasting markets based on a political event is murky but much practised [NEW YORK] In 1967, after several years of research, a young market forecaster named Yale Hirsch unveiled a grand theory of the relationship between presidential elections and the stock market.
      -NYT; J AP  -  794 words
    • Article
      Lock icon US construction outlays fall 0.3% in Sept
      443 17 Bloomberg LATEST US DATA Work on factories, utilities help offset falls in homebuilding [WASHINGTON] Construction spending in the US fell less than economists forecast in September as work on manufacturing plants and utilities helped to offset declines in homebuilding, a government report showed.
      Bloomberg  -  443 words
    • Article, Illustration
      Lock icon Cultural differences explain job cuts, pay slash
      454 17 Reuters [SINGAPORE] From bankers to factory staff, workers in the West face the bleak prospect of losing their jobs as a global recession starts to bite. For colleagues in the East, the pain is more likely to come through a pay cut. Human
      – Reuters; AP  -  454 words
    • Article
      Lock icon GM-Chrysler merger talks set to intensify after elections
      298 17 Bloomberg [DETROIT] General Motors Corp's merger talks with Chrysler LLC may intensify this week as the companies wait to see whether the US will provide financial aid to help complete the deal, people familiar with the matter said yesterday. GM and Chrysler
      – Bloomberg  -  298 words
    • Article
      Lock icon European Commission sees eurozone growth at standstill in 2009
      632 17 Reuters EC also forecasts EU inflation likely to slow to 2.2% next year from 3.5% in 2008 [BRUSSELS] The eurozone is already in a technical recession and economic growth will come to a virtual standstill next year, the European Commission said
      – Reuters  -  632 words
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  • GLOBAL FINANCIAL CRISIS
    • Article
      Lock icon Untitled
      123 18 'I think it's definitely a recession at this point. How deep, how steep, and long it's going to be is uncertain.' Jeffrey Lacker Richmond Federal Reserve Bank president 'While we're in the soup, it would be good to help out state and local governments that are under huge budget strain
      123 words
    • Article, Illustration
      Lock icon Top European banks' profits fall as downturn gathers pace
      546 18 Reuters Societe Genera le's Q3 profit falls 83.7% from Lehman losses, other writedowns [LONDON] Profits evaporated at top European banks yesterday and authorities worldwide pressed on with efforts to bolster weakening economies as data from Europe and China suggested that a
      Reuters; AP  -  546 words
    • Article
      Lock icon Top banks avoid taking govt funds
      246 18 Reuters [LONDON] Almost unlimited taxpayer funds are on offer to US and European banks to keep them afloat but many banks are keen to avoid that cash and will pay up to stay in private hands. Barclays and Commerzbank highlighted the choice facing banks
      Reuters  -  246 words
    • Article
      Lock icon Analysts fear AIG's US$l43b rescue may fail
      719 18 LAT-WP [WASHINGTON] A number of financial experts now fear that the federal government's US$l43 billion attempt to rescue troubled insurance giant American International Group may not work, and some argue that company shareholders and taxpayers would have been better served by a bankruptcy
      LAT-WP  -  719 words
    • Article, Illustration
      Lock icon All stimulus plans are not created equal
      633 18 Reuters [NEW YORK] As consensus grows on the need for a second US fiscal stimulus package, economists say helping those most in need is the best way to ensure every dollar the government spends feeds directly into growth. In particular, things like expanding
      Reuters  -  633 words
    • Article
      Lock icon Eroding economic conditions may worsen credit crunch: central banker
      577 18 Bloomberg Interest rates may be cut further if weak growth continues to restrain credit [WASHINGTON] Falling US economic growth and rising unemployment may further erode banks' willingness to lend to consumers and businesses, Richmond Federal Reserve Bank president Jeffrey Lacker said.
      – Bloomberg  -  577 words
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  • FORMULA ONE
    • Article, Illustration
      Lock icon A trailblazer for race and youth
      585 19 Reuters [SAO PAULO] Lewis Hamilton's achievement in becoming Formula One's youngest world champion at the age of 23 is only part of something far more significant for the glamour sport. The first and only black driver, with his roots in the Caribbean island of
      Reuters; AP; ■:AFR FIA  -  585 words
    • Article
      Lock icon Hamilton fan wins £125,000 in 10-year bet
      317 19 Llg 111CLI VV C 1 -AFP Winnings is Ladbrokes' biggest single payout for F1 bet [LONDON] A fan of Lewis Hamilton won £125,000 (S$300,188) after betting 10 years ago that the Formula One driver would win the World Championship, a bookmaker confirmed yesterday.
      Llg 111CLI VV C 1 -AFP  -  317 words
    • Article, Illustration
      Lock icon Making history as F1's youngest champion
      825 19 IHT Hamilton finished fifth in Brazilian Grand Prix to take world champion title [SAO PAULO] This time he succeeded: Lewis Hamilton became the youngest world champion in the 58-year history of Formula One on Sunday after finishing fifth in the Brazilian Grand Prix. It
      IHT; I AFP  -  825 words
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  • AVIATION
    • Article, Illustration
      Lock icon Aviation giants look to China amid turbulence
      635 20 -AFP Boeing, Airbus lead line-up of 600 suppliers to China Airshow in Zhuhai [ZHUHAI] The giants of the aerospace industry will jet in to China's only international airshow starting today hoping the country's aviation sector can provide shelter from the global financial crisis.
      -AFP; REUTERS  -  635 words
    • Article
      Lock icon A380 arrives at Zhuhai for China Airshow
      190 20 Bernama [ZHUHAI] The Airbus 380, the world's largest passenger jet, landed at Zhuhai Airport yesterday for the 7th China International Aviation and Aerospace Exhibition, which is taking place from today till Saturday in the south China city of Zhuhai, Guangdong Province, China's Xinhua
      Bernama  -  190 words
    • Article
      Lock icon Changi in Kunming shortlist
      124 20 Reuters [HONG KONG] German airport operator Fraport and Singapore's Changi Airport were among those shortlisted to invest in a new airport project in China's Kunming, the South China Morning Post reported yesterday. A fund run by Australia's Macquarie was also shortlisted for the project, the newspaper
      Reuters  -  124 words
    • Article
      Lock icon Australian Foreign Office backs opening
      280 20 -AFP Liberalising services will lower prices, boost competition [SYDNEY] Australia's Foreign Office yesterday gave its backing to the opening up of the country's domestic air routes to overseas carriers, saying that it would increase competition and lower prices. In a report to the government's aviation
      -AFP  -  280 words
    • Article
      Lock icon Chinese airlines prepare for global demand slowdown
      271 20 AFP [ZHUHAI] Chinese airlines need to be prepared for a "cold winter" of slowing passenger demand and prudent about buying new aircraft, a senior Air China official said yesterday. He Li, vice-president of the state-owned flagship carrier, said the industry must adjust its
      AFP  -  271 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2576 20 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), AI: Air India (AIC), AY: Finnair Oy (FIN), AT. Alitalia Airlines (AZA), BA: British n^A^K1 1^=i^T^'i^c Airways Public Ltd Co (BAW). BG Biman Bangladesh Airlines (BBC), BI Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines
      2,576 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      391 20 CRYPTIC CROSSWORD ACROSS i^-^-t i^-^-t i^-^-t 1 Cunning old people grabbing one mathematician B^^ 9 Superior sergeant maybe, 10 very Scottish (4) M HB~I 10 Food poisoning results from B—^B—B B—L I this fish being given to girl A\ m W m W senate (6) M^~l B 12 Support denied
      391 words
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  • Article, Illustration
    Lock icon KepSing names second icebreaker
    476 21  -  VINCENT WEE Deal marks Keppel Singmarine's entry into the oil and gas market in the Arctic region By AS the harsh Russian winter approaches, Keppel Corp unit Keppel Singmarine (KepSing) will play a part in keeping the sea passages there ice-free as it yesterday named the
    KEPLAND  -  476 words
  • Article
    Lock icon DP World to run Algerian port: report
    180 21 [ALGIERS] Dubai Port World (DP World) has agreed on a deal to run the cargo terminal in the Algerian port Djendjen, the port's managing director said on Sunday, the Algerian news agency APS reported. A joint Algerian-Emirati company will be set up in
    180 words
  • Article
    Lock icon Gulf tanker rates may resume downtrend
    349 21 [LONDON] The cost of shipping crude oil from the Persian Gulf to Asia, which gained for the first time in 25 trading sessions on Oct 31, may resume its decline as tight credit markets sap owners' confidence. Even with "good volume" of cargoes in
    349 words
  • Article
    Lock icon Surbana consortium is Brunei port consultant
    266 21  -  VINCENT WEE It will implement master plan for port, industrial area By A SINGAPORE consortium comprising Surbana International Consultants and Global Maritime and Port Services (GMAPS) was appointed consultant for the detailed master plan to develop Brunei's Pulau Muara Besar (PMB) into a port-based
    266 words
  • TRANSPORT STOCKS
    • Article
      Lock icon SGX
      110 21 '000 Hoy 3 Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks Jaya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.26 0.22 0.82
      110 words
    • Article
      Lock icon KLSE
      40 21 '000 Hoy 3 M$ Vol Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings unch 8.50 8.55 2.46 unch unch unch unch unch 0.40 0.11 unch unch unch 0 1554 1189 382 0 0 0
      40 words
    • Article
      Lock icon BANGKOK
      13 21 '00 lov Precious Ship Regional Cont 9.25 5.65 1.55 ***** 0.50 6749
      13 words
    • Article
      Lock icon HONGKONG
      12 21 '000 Ooil Singamas Cont 14 40 0.69 0.90 -0.09 623 478
      12 words
    • Article
      Lock icon PHILIPPINES
      24 21 '000 lov >GSO Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.50 15.50 unch unch unch 1.25 unch unch 205 2148 0 0
      24 words
    • Article
      Lock icon TAIPEI
      23 21 lov Evergreen Marine ...18.00 First Steamship 29.35 WanHai Lines 14.85 Yang Ming Marine ....9.74 1.05 1.90 0.95 0.63 30 7 2 30
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    • Article
      Lock icon TOKYO
      41 21 '000 'en Kawasaki Hvylnd...175.00 7.00 ***** Kawasaki Kisen 378.00 -45.00 ***** Mitsubishi Hvy 310.00 -48.00 ***** Mitsui Eng&Sbldg ..134.00 -12.00 ***** Mitsui Osk Lines ....495.00 -31.00 ***** Nippon Express 390.00 -38.00 6756 Nippon Yusen 466.00 -49.00 ***** Source: Thomson Reuters
      41 words
  • Article, Illustration
    Lock icon Hyundai Mipo earnings jump 76% on higher margins
    340 21 [SEOUL] Hyundai Mipo Dockyard Co, a unit of the world's largest shipbuilder, said profit gained 76 per cent after completing orders secured at higher prices. Net income rose to 141.9 billion won (*****.3 million) in the three months to Sept 30 from
    AP  -  340 words
  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      34 21 Raffles Conversations 2008 EDITION 52 interviews by Business Times journalists The diverse experienc of some of the mos influential thinke corporate chiefs jh activists of I the age R^esconversatrons f^^^^ AcollectionfromTheßusinessTimes \\\''<> %VV Availableatallleadingbookstores VV\-\\%V\\
      34 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Bailout effort: everyone must pitch in
      505 22 THE International Monetary Fund's (IMF) intervention in the current financial crisis is a welcome move. The IMF has approved some US$35 billion in emergency loans to three countries Iceland, Ukraine and Hungary and is in discussions with several others, including Pakistan and Belarus, which
      505 words
    • Article, Illustration
      Lock icon How to take the curves in the current turmoil
      1011 22  -  STEVE ELLIS, TILL VESTRING SUVIR VARMA Companies have made major gains by seizing opportunities thrown up by downturns THE tumultuous events of the past few weeks have battered financial markets from the United States to Europe to Asia, and created huge
      STOCK.XCHNG  -  1,011 words
    • Article, Illustration
      Lock icon Tough tasks and challenges ahead for next US president
      821 22 THE BOTTOM LINE IN one of the famous scenes in the 1972 film The Candidate, Robert Redford who has just won a race for a Senate seat from California, surrounded by celebrating supporters during a victory party, pulls his press secretary
      821 words
    • Article, Illustration
      Lock icon Fed's currency-swap deals monster in the making?
      914 23  -  WILLIAM PESEK JR Bernanke's decision to unfreeze markets in emerging nations raises questions THE first interest-rate cut in seven years had to be traumatic for Bank of Japan (BOJ) staff. Not only did it undo years of struggling to lift borrowing costs from
      AFP  -  914 words
    • Article
      Lock icon Save that email – and avoid legal headaches
      1154 23  - Save that email and avoid legal headaches GOH CHEE HOH WHEN Ray Tomlinson created the email system in 1971, little did the programmer know that he would significantly impact the legal system through the discovery of electronic evidence for litigation cases across the world. Thirty-three years later, in 2004, the
      1,154 words
    • LETTER TO THE EDITOR
      • Letter
        Lock icon Government should leave land prices to market forces
        430 23  -  Ec Teck Siew THE government has announced that it will suspend land sales until the first half of next year and move all confirmed land sites to the reserve list. Today's properties have been priced out of reach for many Singaporeans. Prices
        430 words
      • Letter
        Lock icon Govt should not help developers
        243 23  -  Adrian Ho THE just-announced government's move to suspend the sale of state land for the first half of next year "was met with jubilation in property circles", reported The Business Times on Nov 1, 2008. The report also quoted a spokesman for City Developments as
        243 words
      • Letter
        Lock icon Don't support name change for MPReit
        139 23  -  Denis Distant I REFER to the report, "Grabbing opportunities in uncertain times" (BT, Nov 1). YTL has just bought 26 per cent of MPReit at a hefty 49.5 discount to the NTA from the majority owners. Why did it not give shareholders other than
        139 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8944 24 Transaction date: Nov 3 52-wks Tel |h Low Code Last Sale Vol COOP) Hii Day Last Quote |h Low Buyer Seller Div Gr Yld C'vr Net P/E MCap $mil Hii Com[ >an] 13 3 314H 8Telecom 19 3 5H34 A-Sonic 110 100 63H9 ABFSG Bond ETF 20.5 6
      8,944 words
    • Article
      Lock icon SGX CATALIST
      1958 25 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      1,958 words
    • Article
      Lock icon SGX XTRANET
      63 25 KVk Tel Low Code Last Sale Vol COOP) lay I Low Bin .ast Quote Div Seller C'vr IrYld Net P/E /ICap $mil Hii Com Hii ***** 116 6065 Diamonds 6200 6200 6095 ISDJUSTech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 387 158 6009 STI ETF
      63 words
    • Article
      Lock icon CLOB INTERNATIONAL
      75 25 52-Wk Tel High Low Code Last Sale Vol Cooo] Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi >an< Hii 114 45 6000 AVJennings 20.5 4 6134 Over&Gen 42 6 6017 StarCruises 283 123 6019 TanChonglnt 645 68 US8 5 HK126 unch
      75 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8476 25 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.427/ AIGIF Spore Bond Fund/ A 1.242/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.58/ APS Alpha Fund (USD)!** 0.39/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.6247/ APS Komaba
      8,476 words
  • Page 24 Advertisements
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      368 26 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct 31 World Index Preliminary 713.4 0.5 -37.0 0.7 -38.2 0.0 -40.1 EAFE Preliminai 675.5 0.6 -39.7 0.1 -43.3 -0.5 -45.1 Euroj Prelim inan 954.0
      368 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 26 As at 9am Nov 3 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9860 1.0430 Can dollar 1.2150 1.2290 Euro 1.8770 1.8980 NZ dollar 0.8590 0.8790 Sterlini md 2.3680 2.394( US dollar 1.4700 1.4870 Local dollars to 100 units of foreign
      131 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 26 Nov 3 STI SIMSCI Nov 222.4 228.8 228.4 Taiwan Nov 188.1 192.4 190.6 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon INTERBANK RATES
      177 26 Nov 3 fer Overnight 1 -month 2-months 3-months Overnight mode: 1/8 US$ 1/16 1 1/16 1 3/16 1 1/4 Offer 1/32 13/16 15/16 1 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 1.50 3.20 4.00 4.00 4.00 4.00 4.00 Offer
      177 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      24 26 Nov 3 S! Bid Offer 1-month 1.4658 1.4675 2 months 1.4636 1.4654 3 months 1.4604 1.4627 6-months 1.4536 1.4559 Source: OCBC
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    • Article
      Lock icon PALM OIL
      62 26 Nov 3 Delivery Month Opening Sett Av Range Price Price Hi Low Vol Open Done Position Nov 08 1700 Dec 08 1603 Jan 09 1599 Feb 09 1599 Total o/p: ***** contracts 1720 1712 1660 211 2302 1662 1661 1598 1034 ***** 1667 1666 1593 8281 ***** 1667
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      280 26 Nov 3 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec08 Mar09 Jun09 Sep09 97.8000 97.8000 97.5950 97.3800 7342 9572 4425 3780 EUROYEN TIBOR FUTURES Dec08 99.560 99.560 Mar09 99.500 99.500 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 99.325 99.455 99.325 99.405 99.430 99.385 99.350 99.240 99.190 99.145
      280 words
    • Article
      Lock icon SICOM FUTURES
      187 26 Nov 3 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) Dec 08 Jan 09 191.0 Feb 09 190.0 Mar 09 189.0 Apr 09 May 09 191.0 190.0 189.0 189.0 192.0 191.0 190.0 193.5 193.5 20 20 20 20 20
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    • Article
      Lock icon GOVERNMENT SECURITIES
      89 26 Nov 3 Period Issue code Maturity Yesterday's Bid Day's ill Low Hi' 3-Month BQ*****N 05.02.09 1-Year BY*****V 02.11.09 0.85 1.20 0.82 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 4.000 15-Year
      89 words
    • Article
      Lock icon CHICAGO BOT
      105 26 Oct 31 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous Hiqh/Low Nov 08 925.25 934.00 930.00 910.00 Jan 09 933.00 943.00 939.00 918.00 Mar 09 945.25 955.00 950.00 931.00 May 09 956.75 965.75 960.00 943.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous Hiqh/Low Dec 08 33.60 34.48 34.20
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Oct 31 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 61.60 -0.38 WTI (Near Mth) 67.79 2.61 Dubai (1-Mth F) 56.75 -4.64 Tapis blend 64.85 -4.90 Minas 63.50 -5.00 PRODUCT USS/barrel (FOB S'pore) Close Chanqe Naphtha Jet Kerosene 33.05 82.00 -3.05 1.20 USS/barrel Opec Oil
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    • Article
      Lock icon INTERBANK CROSS RATES
      444 26 Nov 3 Australia 0.816 4.667 0.532 5.291 33.277 73.721 0.677 8.616 2.403 1.149 55.239 33.099 1.002 6.654 0.790 22.437 23.850 0.418 0.683 Canada 1.225 5.719 0.652 6.483 40.776 90.335 0.830 10.558 2.945 1.408 67.689 40.559 1.228 8.153 0.968 27.494 29.225 0.513 0.836 China 0.214 0.175 0.114 1.134
      444 words
    • Article
      Lock icon SIBOR
      77 26 Nov 3 1 mth 2.***** 1.***** 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 3.***** 1.***** 9 mths 3.***** 1.***** 12 mths 3.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP
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      Lock icon INTERBANK CURRENCY RATES
      156 26 Nov 3 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.0017 1.0032 0.6824 0.6828 Canadian dollar 1.2275 1.2291 0.8363 0.8366 Euro 1.8818 1.8841 1.2820 1.2824 NZ dollar 0.8711 0.8733 0.5934 0.5944 Sterlini 2.3946 2.3973 1.6313 1.6317 US
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      Lock icon PRECIOUS METALS
      135 26 Nov 3 Honq Konq London 727.60 734.40 728.60 735.40 Oct 30 Oct 31 738.30 727.30 740.80 729.80 Source: Thomson Reuters CAST BAR (SS) Nov 03 Buying Sellini Kilobar "37,570.91" ***** PAMP GOLD BARS (SS) Sellinq Buying Igm 5gm lOqm 20qm 50gm lOOqm 1 oz 1 oz UBS Kinebar™
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      Lock icon LONDON METALS
      69 26 Oct 31 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 1989.00 2007.80 3 months 2040.00 2060.00 Copper, Grade A (USS/tonne) Cash 3 months 4101.00 4099.00 4194.00 4200.00 Lead (USS/tonne) Cash 3 months 1500.00 1508.00 1512.00 1520.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00
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      Lock icon LIFFE
      72 26 Oct 31 (£/tonne) Close Prev Hii ih/Low Dec 08 1322 1326 1347/1312 Mar 09 1331 1341 1355/1327 May 09 1341 1351 1363/1339 Jul 09 1351 1361 1372/1350 COFFEE (USS/tonne) Close Pev Hiqh/Low Nov 08 1548 1557 1566/1526 Jan 09 1603 1610 1626/1581 SUGAR (US tonne) White Close Prev Hiqh/Low
      72 words
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      Lock icon BONDS & WARRANTS
      3055 26 BONDS WARRANTS lei :ode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left 2058 Advance Modules Grp W*****3 6 susp >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
      3,055 words
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      2809 27 The Business Times Shipping Times \t^ B^H Bitf^^lilljM^^^il^lliJi^^MiJ Mil WAN HAI INTERNATIONAL PTE LTD 1^^^ M Mmfr^^MTTF^WM mmm^M MkmKg^mmiMWaB^a IM I VTvi\ lAf a li iiai iiiirr tel *****588 04 lines) fax: *****163 X A^ I I "l^i^l- I I ■aWfflfflHWgMyM I \\\N WAN HAI INtS Customer Servke/Bookings Direct line
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      4164 28 F**V IP E EASTERN CAR LINER, LTD |||^^QEEDQ!D IV SPECIALIZE IN RORO& HEAVY LIFT UPTO 450 TONS |i^kM BtUUjUUSUmUI^I limiiMiiaiiSßl^ VOT Ramp(KT) Liitinq(KT) MUA SIN PKL LCB JKT SUR vIi^^^VOY^ETAETDDESTiNAfION^^^^^ ML SERVICE Connectinc, AMX Service via P.KLANG Cnnec ing ECLSvc via MALTA GOLDIMENAM »J 40 )J2 1 2ZZIJ 1 1
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  • PROPERTY
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      Lock icon Property firms reach out with online portals
      500 29  -  UMA SHANKARI Knight Frank launches Virtual Homes; ERA ties up with rednano.sg [SINGAPORE] Property used to be only a bricks and mortar game, but real estate companies are now going online in a big way to boost their profiles and sales. Knight Frank
      500 words
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      Lock icon European property derivative trades in Q3 down 38%
      301 29 Reuters [LONDON] The total volume of European property derivative trades fell 38 per cent quarter-on-quarter to £1.15 billion (552.7 billion) in three months to Sept 30 as the global financial maelstrom curbed growth in the infant market. Data from index provider Investment
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      Lock icon Bangkok real estate development set to ease
      369 29 AFP [BANGKOK] Property development in Bangkok is expected to drop 18 per cent this year as political turmoil and the global financial crisis hit the market, a leading property consultancy said yesterday. Thailand's Agency for Real Estate Affairs (Area) predicts that the capital
      AFP; BLOOMBERG  -  369 words
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      Lock icon UK's Hammerson delays retail projects: report
      99 29 Reuters [LONDON] Property group Hammerson has put two of its biggest retail projects on hold as the recession deepens, Britain's Mail on Sunday newspaper reported. Hammerson's £800 million (Ssl.BB billion) Eastgate Quarter development in Leeds, northern England was due to open in 2012. But
      Reuters  -  99 words
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      Lock icon Key China project for M'sian firms
      217 29 Bernama [DALIAN] A flagship venture for an environmentally friendly project in China to be developed by Malaysian companies is being hatched by the Malaysia-China Business Council (MCBC), said its co-chairman Musa Hitam. A task force under former Malaysian ambassador to China, Abdul Majid Khan,
      ■ Bernama  -  217 words
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      Lock icon Property broker sues network over TV show
      522 29 ■LAT He says 50-50 split of show's revenue was agreed upon [CHARLESTON] Despite the mortgage meltdown, there still could be money in house flipping or at least in a dispute over a show about house flipping. A jury trial in Charleston, SC, began
      ■LAT  -  522 words
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      Lock icon Australian Reits look to equity to pare down gearing
      669 31 Reuters They are expected to raise up to Ass.sb over the next year [SYDNEY] Debt-laden Australian real estate trusts are set to raise more equity to cut their high gearing as they face frozen credit markets and falling asset prices sparked
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      Lock icon Q3 house prices fall 1.8% Down Under
      260 31 j Bloomberg Property prices may remain flat for next few quarters [SYDNEY] Australian house prices fell in the third quarter, adding to signs that buyers are shunning the property market as the nation's economy slows and unemployment gains. An index measuring the weighted
      — _ j Bloomberg  -  260 words
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      53 29 immediate Occupation Eiliiii: 7 colonial charm. Inside Central Business District!'^HpH KtflS W^''!' r c 5 mins to 3 MRTs- t-*> iS^** i—^ I Quality finishings Raffles Place, City Hall ¥tiM§sk H-LLI*-j.y<^S Jfc^j!*^ i (ii i3\/ IV/IRT *s" I *r jivi Sizes from 484 sq ft to 1000 sqftJ r £llil4
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      104 29 FOR SALE Good Class Bungalow On BISHOPSGATE -"*'j3B»f^^B I ***** 9000 sq.ft. (approx.) Vacant Possession For Viewing and Inspection, pis call CB Richard Ellis (Pte) Ltd John Goh 6854 8678 9383 6780 Expression of Interest D D E closing 12 Nov 08 (3pm) cTrK7eSI CATS HFASTADS in St Regis Residence
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  • INDUSTRIAL SPACE
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      Lock icon VLFS can help increase storage capacity
      1339 30 Co-funded by JTC, NUS and MPA, feasibility studies for the facility have begun, writes EMILYN YAP WATERFRONT properties are usually popular with homeowners many are willing to pay a premium just to enjoy the view of the sea, lake or river right from the
      REUTERS  -  1,339 words
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      154 30 *"■"—->. Fusionopolis houses state-of-the-art IT infrastructure and facilities to support Infocomm Technology, Media, Physical Sciences and WTTiffi Engineering industries. The first integrated development in HfWr^^NpiJjfi one-north, Fusionopolis also provides luxurious serviced r*"**''''M»MK.I^CT apartments, retail, entertainment, and more. ■^fop^w^^^p., _^£B Work, Live, Play, Learn. l" j J.Js^l T^HTO^I^iQB You can have
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      18 30 This series is brought to you in conjunction with JTC's 40th anniversary. 40 nf TTT Corporation 1968-2008 wrporauon
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      20 31 Lianhe Zaobao I I Global bailouts I have created another I economic I I bubble? I £S««ififfSi I SliS7s3-1*aSBB«? I
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      140 31 I Rare Commercial Redevelopment Site in I I Marine Parade Central i 11 I Site Area: 1,734 sq.m/18,665 sq.ft EAST COAST ROAD I Plot Ratio: 8.445 (Based on Written Permission) G^n Kat°ng o I 99 years Leasehold g g Squarish Plot with good frontages and high pedestrian traffic g I
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      998 31 SINGA PLASTICS LIMITED the building maintenance and Co. Reg. No. *****0054R STRATA management act 2004 IN THE MAnER OF NOTICE OF THE LAND TITLES (STRATA) ACT JLYA^L™^ inthematteroXmanac-ement GENERAL MEETING corporation strata TITLE PLAN NO. 932 NOTICE IS HEREBY GIVEN Notice is hereby given that at an that an Extraordinary
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      259 32 I Prestigio FREEHOLD I at Innovation Place W IMI' fr Mi^nl' 41 BiiMllll 111 SGKV Network ||V S|pHp||^^^'^ Business Space For Sale PRESTIGIO At Innovation Place is a premium freehold strata 'deal unit size from 1,432 sq ft onwards making it affordable development with a complete business environment. Focused for
      259 words