The Business Times, 18 November 2008

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Microfilm: NL29539
Total Pages: 30
1 30 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 mm A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Tuesday, November 18,2008
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  • Article
    Lock icon Analysts swing axe at profit forecasts
    1031 1  -  TEH HOOI LING From banks to property and tech stocks, almost no sector in the Singapore market is spared By [SINGAPORE] Analysts have accelerated their downgrades of corporate earnings following disappointing third-quarter results so far. In the past 30 days, they have slashed 11.4
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  • Article
    Lock icon About 50 homebuyers walked away from deals in October
    827 1  -  KALPANA RASHIWALA But trend not likely to escalate as it was a month when bourses tanked By [SINGAPORE] The number of private homes returned to developers shot up last month on the back of a sharp dive in confidence due to
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  • Page 1 Advertisements
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      3 1 8 *****1 *****4
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    • Advertisement
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      226 1 The Manero Perpetual Calendar. An exquisite grand complication watch with a novel moon phase display. Uniquely eye-catching, the graduated moon This superlative COSC-certified chronometer A true beauty inside out, the phase display at 6 o'clock indicates the moon's combines smart elegance with intricate mechanics Manero Perpetual Calendar is precise position
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      41 1 UfcAkiU G-20 SUMMIT JOBCUTS PAYSCRUTINY F&N mS^ F fc^l ll ia Tougher financial Citigroup plans Top Goldman execs Aninkspot €£> J J4 11 m^es *n c wor^s deeper cuts forgo bonuses strategy 1 PAGES 19 PAGE 17 PAGE 18 PAGE 5 S^
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    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      23 1 SME INC An idea that dicks withSMEs page 10 I Hairdressing school goes regional PAGE 11 I SME Voices: Retraining workers PAGE 12
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  • TOP STORIES
    • Article, Illustration
      Lock icon Japan sinks into recession, joining the EU
      681 2  -  ANTHONY ROWLEY GDP contracts 0.1% in Q3 as exports fall, companies cut capital investment By in Tokyo JAPAN'S economy sank into recession in the third quarter of this year, officials confirmed yesterday. And they predicted further contraction in the coming months for the
      REUTERS  -  681 words
    • Article
      Lock icon Going concern doubts removed: Sands
      451 2 -AP Completion of stock and warrant offering provides it USsl.2b [NEW YORK] Las Vegas Sands Corp said yesterday that doubts about its ability to continue as a going concern have been removed after the completion of an offering of common stock, preferred stock and warrants
      -AP  -  451 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Analysts slash earnings forecasts after Q3 results
        62 2 ANALYSTS have accelerated their downgrades of corporate earnings following disappointing third-quarter results so far. In the past 30 days they have slashed 11.4 per cent off their forecasts of Singapore companies' earnings per share, data from Star Mine shows. Just a month ago,
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      • Article
        Lock icon New home deals aborted in Oct jump to 50
        76 2 THE number of private homes returned to developers shot up last month on the back of a sharp dive in confidence from the stockmarket crash. Home buyers returned 50-odd units to developers in October, compared with 10-plus units each in the
        76 words
      • Article
        Lock icon Japan sinks into recession in Q3, joining EU
        74 2 JAPAN'S economy sank into recession in the third quarter of this year, officials confirmed yesterday. And they predicted further contraction in the coming months for the world's second largest economy. The eurozone has already been declared in recession. And with the US
        74 words
      • Article
        Lock icon Exports dive 15.3% in Oct, sharpest fall in 6 years
        100 2 EVEN as economists look to find out on Friday just how much the Singapore economy contracted in the third quarter, the first signs of Q4 weakness are in. Poor external demand hit with a vengeance last month, splashing red ink
        100 words
      • Article
        Lock icon F&N plans further F&B growth in region
        96 2 PLANS are afoot for further regional growth of the food and beverage business of Fraser and Neave, and the product set to win over more palates could just be the household isotonic drink lOOPlus. "I'm trying to do for the F&B business what
        96 words
      • Article
        Lock icon SIA Oct passenger load holds up amid travel slump
        93 2 SINGAPORE Airlines Mcd 77.5 per cent of its seats in October, a fall of 0.8 percentage points from a year earlier but higher than 76.9 per cent in September. As for cargo, SIA filled just 59.4 per cent of its available
        93 words
      • Article
        Lock icon Companies plan cuts in salary budgets: survey
        68 2 THE majority of local companies seem set on cutting salary planning budgets and variable compensation payouts, as concerns about the uncertain economy put pressure on cost reductions. According to the Hewitt Singapore Economic Impact Survey conducted in October, 63 per cent of companies
        68 words
      • Article
        Lock icon Indonesia's economic growth eases to 6.1 % in Q3
        66 2 Indonesia's economic growth eases to 6.1 in Q3 INDONESIA'S annual economic growth eased in the third quarter to 6.1 per cent, but was still marginally above expectations despite the global financial crisis weighing on export demand, particularly for its commodities. The figures showed that economic momentum slowed from 6.39 per
        66 words
    • Article, Illustration
      Lock icon October S'pore exports dive 15.3%
      493 3  -  ANNA TEO Economists now expect NODX to stay in the red well into first half of 2009 By [SINGAPORE] Even as economists look to find out on Friday just how much the economy contracted in the third quarter, the first signs of Q4 weakness are
      AP  -  493 words
    • Article
      Lock icon Over 100 jobs on the line at Motorola, Nokia
      451 3  -  WINSTON CHAI Both undergoing restructuring that will hit local units By [SINGAPORE] Motorola and Nokia look set to add to the economic gloom by dialling into restructuring plans that could result in more than 100 lay-offs in Singapore. Motorola's local retrenchments
      451 words
    • MARKETS DIGEST
      • Article
        Lock icon PRIME RATES
        29 3 Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONG KONG 5.00 INDONESIA 16.553 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 3.00 US 4.00 CANADA 4.00 SWITZERLAND 2.31 INDIA 13.00 Source:
        Bloomberg  -  29 words
      • Article
        Lock icon MARKETS
        47 3 lorn iam KLCOMP 884.06 +2.41 NIKKEI 225 8,522.58 +60.19 HANG SENG 13,529.53 -13.13 SET INDEX 434.21 +4.24 JAKARTA COMP 1,236.93 -27.44 MANILA COMP 1,940.00 -38.05 SEOUL COMP 1,078.32 -9.94 SHENZHEN B 255.87 +2.87 MUMBAI IND 9,291.01 -94.41 11AM EST Cham DOW 8,279.07 -218.24 NASDAQ 1,484.84 -32.01
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      • Article
        Lock icon FOREX
        50 3 USS SS US$ (S$ ier US$) 1.524 (US$/S$ per 1.470 2.240 EURO (US$/S$/E) 1.259 1.918 Foreii in curreno ier US$ S$ YEN 97.10 63.70 RM 3.599 2.362 HK$ 7.750 5.087 BAHT 34.98 22.95 RUPIAH 11,850 7,777 RENMINBI 6.828 4.481 INDIAN RUPEE 49.09 32.22 A$ 1.543 1.012 NZ$ 1.801 1.182
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  • Page 2 Advertisements
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      85 2 I Watch PUBLIC INSIGHT tonight I for real-time investment, real-life tips Not surprisingly, more and more listed companies on SGX are enjoying the benefits of television exposure on Public Insight programme. Leverage on our effective penetration and reach to connect with institution and retail investors throughout Asia! ■^^^^^j^^^^^^F*fc.'^^^^^^^r iCP^^^^^^^^l j■^■Z^.^^fcf
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      96 3 'Tong' Connected: For a business to thrive, connectivity is everything. The Concourse, located just outside the Central Business District and next to the upcoming Nicoll Highway MRT Station, makes an ideal office address. It is also highly accessible from all parts of Singapore via the ECP AYE. Keep your business
      96 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Near-total absence of interest
      598 4  -  R SIVANITHY STOCKS This is evident from the poor volume of $638 m, down from last week's $950 m average IT'S not often that volume traded is used as the main indicator of market activity, but yesterday's haul of 767 million units worth $638 million excluding
      : Bloomberg  -  598 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      94 4 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 8 5 0 0 0 3 8 5 lanufacturing 39 56 54 43 59 62 Commerce 19 14 10 22 18 12 "pt/Stor/Comms 10 19 10 20 ■inance 12 18 12 18 instruction 'roperties 10
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      112 4 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 34,550 34,550 51,589 51,589 lanufacturing 189,994 6,115 196,109 94,588 376 94,964 lommerce 50,779 4,065 54,844 57,188 472 57,660 )t/Stor/Comms 67,611 122 67,733 93,148 17 93,166 :i nance 33,730 33,730 179,975 179,975 lonstruction 12,603 420 13,023 827 18 845 'roperties
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      103 4 lapitaLand 2.690 -0.030 lapitaMall 1.860 +0.010 jtyDev 6.250 +0.150 losco Corp 0.835 -0.010 IBS Grp 10.100 -0.240 :&N 3.100 -0.040 Sent Intl 0.385 +0.005 iolden Agri 0.185 +0.005 IK Land 2.370 +0.020 IMH 19.020 -2.480 ISH 10.340 -0.660 lardineC&C 10.400 +0.160 Ceppel Corp 4.620 -0.060 Ceppel
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    • Article
      Lock icon BROKERS' TAKE
      273 4  -  CONRAD TAN China Milk Products Group Nov 17 close: $0,355 DMG Partners Securities, Nov 17 FIRM Q2 FY2009 results despite the weakening economy: China Milk has reported a 24.2 per cent y-o-y increase in its revenue and a net profit increase of 8.4 per cent y-o-y for Q2
      273 words
    • Article, Illustration
      Lock icon Market still in bear rally mode
      299 4  -  KEN TAI, CHART POINT DESPITE the retreat of equity markets last week, there was some good news in the offing to cushion market pressures. For one, China announced a four trillion yuan (SsB92 billion) package to revive growth. Although some of the measures had
      299 words
    • Article, Illustration
      Lock icon Yen rises after G-20 fails to reassure
      418 4 -AFP CURRENCIES [TOKYO] The yen gained in Asian trade yesterday after world leaders failed to deliver specific measures to boost the global economy at a weekend summit, dealers said. They said the yen was lifted by renewed risk aversion, despite news that Japan
      -AFP; REUTERS  -  418 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      61 4 Nov17 VALUE CLOSE BT OB/OS -264.00-337.00 BT CADI -*****.00 -56.00 BT 10-day MA -*****.00 -27.00 FTSE ST Mid Cap 351.65 -3.61 FTSE ST Small Cap 291.86 -3.66 FTSE ST All Share 418.82 -2.80 FTSE ST China Top 179.42 -2.39 FTSE ST China 178.89 -1.79 UOB Catalist 79.07
      61 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 4 VOLUME Golden Agri 51,206,000 Noble Grp 25,267,000 Enporis 23,547,000 Thai Beverage 18,481,000 Yanqzijianq 16,969,000 GuocoLeisure 16,038,000 Sing Tel 15,236,000 CapitaComm 12,969,000 China Honqxinq 12,713,000 Ezra 10,701,000 VALUE(S) DBS Grp 64,861,520 SGX 40,957,950 UOB 38,561,180 Sing Tel 37,470,170 Keppel Corp 31,256,460 OCBC Bk 27,767,750 Noble Grp 24,666,260 Capita
      59 words
    • Article
      Lock icon RISES
      104 4 BY CENTS CLOSE UP GLD 10US$ 7390 255.9 2.3 OCBCCai 5.1%NCPS 100 8500 40.0 0.5 OCBC Bk5.1%NCPS 100 9070 20.0 0.2 Jardine C&C 1040 16.0 1.6 Cifr 625 15.0 2. S I A 1128 14.0 1.3 Dain irm 480 12.2 1.7 Keda Com 16.5 10.0 153.8 Sim iTel 250
      104 words
    • Article
      Lock icon FALLS
      116 4 BY CENTS CLOSE DOWN 1902-377.7 -11.5 JMH JSH 1034-100.5 -6.0 MS India 10US! 708 -56.4 -5.0 Venture Coi 464 -30.0 -6.1 DBS Gri 1010 -24.0 -2.3 ISMSCI India 100 323 -22.9 -4.4 DBS Bk6% NCPS 10 9420 -20.0 -0.2 Goodi W*****6 12 -20.0 -62. Great Eastern 870 -20.0 -2.2
      116 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      85 4 Nov 17 %CHNG YR2008 CLOSE FRN0V14 S$ LOW S$ HIGH USS 1.5235 -0.52 1.5235* 1.3457 Euro 1.9316 -0.51 2.2064 1.8640 Pounds 2.2650 -0.79 2.8431 2.2472 AS 0.9983 -0.89 1.3251 0.9068 Yen* 1.5684 -0.39 1.6645 1.2619 Ru| riah* 0.***** 0.99 0.***** 0.***** Baht* 4.3541 -0.58 4.4299 4.0190
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      105 4 "RlO'i; I"!"l'iriVlAU^i!T VOIATII.I TV >' J&dpl VG^Buf/VOVAN lV\Gi; OTr 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
      105 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon F&N plans further F&B growth in region
      520 5  -  EMILYN YAP New divisional chief says he is trying to do for F&B business what he did for APB By PLANS are afoot for further regional growth of the food and beverage (F&B) business of Fraser and Neave (F&N), and the product set
      FILE PHOTO  -  520 words
    • Article, Illustration
      Lock icon SGX may be seeking to increase stake in BSE
      221 5 THE Singapore Exchange (SGX) may be looking to up its stake in the Bombay Stock Exchange (BSE) from the current 5 per cent. "We are aware of the opportunity but it is premature to comment on the matter now," an SGX
      221 words
    • Article
      Lock icon SPH completes takeover of financial portal
      272 5 SINGAPORE Press Holdings (SPH) has completed the acquisition of financial portal Shareinvestor.com to broaden its online media play. SPH, which publishes The Business Times among other publications, will pay up to $18 million for Shareinvestor.com. An amount of $12 million is payable to the
      272 words
    • Article
      Lock icon Reassuring – but more needed from SC Global
      608 5  - Reassuring but more needed from SC Global UMA SHANKARI HOCK LOCK SIEW By SC GLOBAL Developments last Wednesday reported a decent set of third-quarter results, posting a 121 per cent jump in net profit to $9.6 million. This was despite weaker sales as the company improved its pre-tax margins with
      608 words
    • Article
      Lock icon Asia Dekor in dispute over sale agreement
      308 5  -  NISHA RAMCHANDANI Company says it will defend itself against all claims By ASIA Timber Products has launched arbitration proceedings against main-board-listed Asia Dekor Holdings. The former alleged that Asia Dekor had breached "representations, warranties, undertakings and covenants" of a sale and purchase (S&P)
      308 words
    • Article, Illustration
      Lock icon SIA Oct passenger load holding up despite slump
      735 6  -  YEN SREENIVASAN However, airline filled just 59.4% of available cargo capacity By SINGAPORE Airlines filled 77.5 per cent of its seats last month, a fall of 0.8 of a percentage point from a year earlier but higher than 76.9 per cent in
      FILE PHOTO  -  735 words
    • Article
      Lock icon Auston inks deal with Asiatravel to tap China market
      310 6  -  CONRAD TAN By AUSTON International Group has entered into a revenue-sharing agreement with online travel portal Asiatravel. com to tap China's growing outbound travel market. Under the agreement, former education services provider Auston will get an undisclosed share of the revenue
      310 words
    • Article, Illustration
      Lock icon China Taisan scores big with Xtep
      260 6 MAINBOARD-LISTED fabric supplier China Taisan Technology Group Holdings will get a major revenue boost from the mainland this year through increased orders from Chinese sportswear maker Xtep. China Taisan said it now supplies 90 per cent of Xtep's "knitted performance fabrics" requirements. Xtep is
      FILE PHOTO  -  260 words
    • Article
      Lock icon Enporis in the dark over reason for share price surge
      229 6 ENPORIS Greenz told the Singapore Exchange (SGX) yesterday that it did not know what caused a sudden surge in the trading of its shares, in response to a query from SGX. Enporis, formerly a precision manufacturer of metal parts known
      229 words
    • Article
      Lock icon Falcon Energy profit up 61.3% at US$28m
      371 6  -  VINCENT WEE Company maintains positive outlook on oil and gas sector By FALCON Energy Group posted a net profit rise of 61.3 per cent to US$2B million, while revenue rose 53.3 per cent to US$59.l million for the year ended Sept 30, as
      371 words
    • Article
      Lock icon FerroChina receives extension till February for Q3 results
      280 6 FERROCHINA said yesterday that it had been granted an extension by the Singapore Exchange (SGX) until Feb 14 next year to announce its results for the third quarter ended Sept 30. The extension was sought as its subsidiaries in China are facing
      280 words
    • COMPANY BRIEFS
      • Article
        Lock icon Sinwa posts 10.8% rise in Q3 earnings
        69 7 MARINE supply and logistics firm Sinwa Limited yesterday reported a 10.8 per cent increase in third-quarter net profit to $8 million. The improvement was credited to higher sales from its operations in Singapore and Australia, as well as additional income from its joint
        69 words
      • Article
        Lock icon Technics Oil Q4 profit down 35.5%
        150 7 TECHNICS Oil Gas yesterday announced that its net profit attributable to shareholders in the fourth quarter was $1.27 million, down 35.5 per cent from last year. The decline was attributed to higher recruitment costs during the period, as well as a one-time provision for
        150 words
    • Article, Illustration
      Lock icon Major stake changes at Olam and Venture
      414 7  -  WINSTON CHAI JPMorgan cuts Olam interest to 6.96%, Aberdeen's stake in Venture hits 17.05% By OLAM International and Venture Corporation saw changes in their majority shareholders yesterday, with JP Morgan Chase Co reducing its interest in the commodity supplier and Aberdeen Asset Management
      BLOOMBERG  -  414 words
    • Article
      Lock icon UAE interiors contractor bags Marina Bay Sands job
      198 7 [DUBAI] Depa Ltd, the United Arab Emirates-based interiors contractor fitting out the world's tallest tower in Dubai, has won a contract worth 50.7 million dirhams (Ss2l million) to fit out a resort in Singapore, reported Bloomberg yesterday. Depa and its partner, DDS
      198 words
    • Article
      Lock icon Ho Bee's sale of Frontech Centre hits snag
      241 7 Purchaser backs off from deal, misses Nov 14 deadline HO Bee Group's proposed $30 million sale of its Frontech Centre has fallen through. The company said yesterday that it had received notice on Nov 12 that the purchaser was not going ahead
      241 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      112 5 MBBJBJkservco pEpppl www.servcorp.com.sg I Instantly in Business I From $90* per month! A |l No set up fees, no security deposit, month to mcntn flexibility M Prestigious address for your business cards and letterhead Access to over 300 boardrooms and meeting rooms, fl locally internationally book online in real time
      112 words
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  • Page 6 Advertisements
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      69 6 Suntec City Office Towers IqPI The Business Capital of Asia -^m ■"J ■pr r 2-^Z.i 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 Prestigious Business Address Panoramic city, Fountain of Wealth and
      69 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Directors' body unveils plan of action
      557 8  -  LYNETTE KHOO Effort comes in wake of PwC's findings and recommendations By THE Singapore Institute of Directors (SID) will soon expand its secretariat and engage a CEO, enhance its training and services for directors, and air its opinions on corporate governance issues more publicly.
      557 words
    • Article
      Lock icon Cut in salary budgets seen at companies
      546 8  -  NISHA RAMCHANDANI Some 57% are also freezing their headcount now By THE majority of local companies seem set on cutting salary planning budgets and variable compensation payouts, as concerns about the uncertain economy put pressure on cost reductions. According to the Hewitt Singapore
      546 words
    • Article
      Lock icon S'pore, UK law firms to part ways
      298 8  -  CHEW XIANG By LOCAL firm WongPartnership and London-headquartered Clifford Chance are ending their joint law venture (JLV) Clifford Chance Wong after six years "to pursue separate strategic initiatives". The effective date is April 30 next year. The decision was made "in view of
      298 words
    • Article
      Lock icon True Group expands in Taiwan amid economic slump
      308 8  -  JASON TAN By in Taipei SETTING up a new branch in Taiwan late last month, Singapore-based True Group has shown it is on an expansion mode here despite the economic slump. It has launched a 36,000 sq ft centre a joint brand
      308 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon No change in CPF, HDB mortgage rates
        85 8 CPF members will continue to receive 2.5 per cent interest per annum, the CPF Act's stipulated minimum, on savings in their Ordinary Accounts from Jan 1 to March 31, 2009. The computed rate for the three months ended Oct 31, 2008 was 0.74
        85 words
      • Article
        Lock icon SNEC acquires new laser
        56 8 THE Singapore National Eye Centre (SNEC) has acquired the VisuMax Femtosecond Laser System. The new laser boasts reduced energy, minimal suction on the eye and lower pressure, reducing side-effects and risks. It will also be used for corneal transplants and corneal research funded by the national
        56 words
      • Article
        Lock icon Sitex IT fair to go green
        39 8 The 20th Sitex IT fair, to be held on Nov 27-30 at Singapore Expo, will go green by providing paper and electronics recycling bins and inviting Cash Converters to set up a booth.
        39 words
      • Article
        Lock icon PUB steps up monsoon preparation
        75 8 PUB has stepped up inspection of 90 frequently choked drains and drainage outlets and intensified checks on more than 170 work sites in preparation for the coming north-east monsoon season. Its flood alleviation programme also involves tapping the Land Transport Authority's 24-hour CCTV monitoring of
        75 words
      • Article
        Lock icon KPMG launches Audit Committee Institute
        35 8 KPMG will today launch an Audit Committee Institute that offers resources to help audit committees, directors and senior management strengthen the integrity of their financial reporting and corporate governance practices.
        35 words
    • Article, Illustration
      Lock icon Govt to ensure fairness in Lehman probe: Tharman
      666 9  -  CHUANG PECK MING YESTERDAY IN PARLIAMENT No need for HK's high-level panel approach; MAS is independent enough By FINANCE Minister Tharman Shanmugaratnam said yesterday that the government would ensure "independence" and "fairness" in the probe into complaints by investors who bought Lehman
      BLOOMBERG  -  666 words
    • PARLIAMENT BRIEFS
      • Article
        Lock icon Two town councils invested in Lehman
        162 9 TWO People's Action Party-run town councils Holland-Bukit Panjang and Pasir Ris-Punggol have invested a total of $12 million in DBS High Notes, Lehman Brothers' Minibond Notes and Merrill Lynch's Jubilee Series 3, according to Senior Minister of State for National Development and Education Grace
        162 words
      • Article, Illustration
        Lock icon Stop being squeamish about AMDs: Khaw
        165 9 HEALTH Minister Khaw Boon Wan (below) would like to see the rules on the Advance Medical Directive eased to allow doctors to be open and discuss "living wills" with patients, and to encourage more Singaporeans to sign such wills. Right now, doctors cannot ask
        165 words
      • Article
        Lock icon EMA studying better power tariff setting
        110 9 THE Energy Market Authority (EMA), which is studying whether the formula for setting electricity tariffs can be improved, is likely to complete its work in mid-2009, Senior Minister of State for Trade and Industry S Iswaran said. "Any change to the formula should take
        110 words
    • Article
      Lock icon No stand-alone casinos to be allowed: Iswaran
      430 9  -  ARTHUR SIM But govt considering IRs' requests to open in phases By MARINA Bay Sands (MBS) and Resorts World at Sentosa (RWS) may be allowed to open in phases but will not be allowed to open as stand-alone casinos. Senior Minister of State
      430 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      683 8 Notice to the Holders of Minibond Series 1 S$ Credit-Linked Notes due 2011 and US$ Credit-Linked Notes due 2011 ("Minibond Series 1") Subject: Occurrence of Potential Event of Default under terms of Minibond Series 1 This notice is issued by HSBC Institutional Trust Services (Singapore) Limited ("HTSG") in its capacity
      683 words
    • Advertisement
      Lock icon Page 8 Advertisements Column 2
      94 8 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 IS Getyour the construction industry. copy from any Get
      94 words
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  • SME Inc
    • Article, Illustration
      Lock icon An idea that clicks with SMEs
      990 10 The search engine marketing (SEM) solutions that PurpleClick offers is a perfect fit for SMEs who need to stay lean, reports TEH SHI NING WITH all the gloom and doom these days, some good news is welcome. And better still, good news that does
      JOSEPH NAIR  -  990 words
    • Article, Illustration
      Lock icon Kimage eyes new markets abroad
      968 11 Hairdressing group sets up school and salons in Vietnam, with more to come, reports NOOR AISHA HAVING established its brand name in the Singapore hair market, Kimage is now eyeing newer and previously unexplored markets, says managing director Monica Tan. The company recently set up
      968 words
    • Article, Illustration
      Lock icon The impact of climate change on SMEs
      1426 12  -  LICARDO PRINCE The responsibility of climate change control doesn't just rest on governments and multinationals. SMEs can also play a key role and benefit from such schemes By THE year 2009 will be an important one for the world's response to reducing greenhouse
      REUTERS  -  1,426 words
    • Article
      Lock icon Pick up skills, get more nimble
      545 12 Gan Hua Koon Managing director Netbizz Office Supplies THERE is no better time than now to upgrade workers' skills and maximise their potential. For companies unable to outsource for retraining programmes due to cost constraints, why not consider in-house training? Apart from retraining, what
      545 words
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      Lock icon Get that vital edge with biz intelligence
      907 13 IT MATTERS BI allows smaller organisations to respond quickly to dynamic market conditions and compete effectively with their larger counterparts IN TODAY'S challenging and uncertain economy, there is increasing pressure for businesses to dramatically improve decision-making ability. Business intelligence (BI) refers to technologies,
      STOCK.XCHNG  -  907 words
    • Article
      Lock icon Free financial advice for SMEs to tide them over recession
      334 13  -  TEH SHI NING By UP TO 1000 SMEs will receive a free preliminary diagnosis of their financials under a programme launched by Vector Scorecard Asia Pacific (VSAPAC) yesterday, which aims to boost SMEs' financial capabilities to help them ride the
      334 words
    • Article
      Lock icon Small-cap portfolio slips 8%
      379 13  -  TEH HOOILING By SMALL caps have begun to languish again after a spurt of interest a few weeks ago. Consequently, our portfolio has shed 8 per cent. There were one or two bright spots. Midas climbed 8.2 per cent after the Chinese government announced a US$5B6
      379 words
  • Page 10 Advertisements
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      692 10 I SINGAPORE AJ W J BUSINESS M W\ h J^^ FEDERATION fl 1 ~r~^^^^ Apex Business Chamber I iWTi l Having a strong H IWJI f support network B^T^^,, f makes tapping into pjaH^^lTu^ business opportunities easier. Find out how SBF can provide support for your business in challenging times.
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      42 10 WjfiTjil i] I if*) I ft] ii iliTalHilclciH TiEwSiulC^l il I ifsl i fti IB 11 fsl bBl t^sKwifs I t»Mii Ktfil 11 b I Call 6-531 3700 now for the ACCPAC Specialists Stone Forest IT www.StoneForestlT.com.sg SAGE ACCPAC Trusted By Accountants
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  • Page 10 Miscellaneous
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      62 11 Singapore's prudent financial approach has made us strong. Together, we will weather this storm. With a continued 'AA' rating by Standard Poor's, NTUC Income remains your solid partner. As part of NTUC, we are people focused, not profit focused. Serving 2 million Singaporeans, we have earned the trust of the
      62 words
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  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Lock icon Page 12 Miscellaneous Column 1
      102 12 SME The topic for next week's SME Voices column is: "Do you think Singapore's economic outlook is as gloomy as it seems? What has been one silver lining for you or your business?" If you are an SME owner or leader, we would like you to share your views on
      102 words
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  • Page 13 Advertisements
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      46 13 bb^Hb99S^H m s ih mi hNHHBBV" Organiser: Endorsed by: Official Show Daily Publisher |fl Singapore Exhibition lg ~n i .4ngm ALIW^RLD 13 Services Pte Ltd aiLJi JpL ap"S2 UR^'®"l" kSJr1 "'^10'" Held in: Supported by: The Official Airline: £22 EDi j^ ®imca ©isrsoK <^ L Shjipm S/-C
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      10 13 jetstar.com all day, everyday, low fares %O%S L^9 ICI I
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  • ECONOMY WATCH
    • Article
      Lock icon US Democrats' new mantra: jobs, jobs, jobs
      666 14 LATWP Even plans for clean energy, health care, education are framed around jobs [WASHINGTON] For most of his campaign, US presi-dent-elect Barack Obama's economic message was a call to restore balance to an off-kilter system, with investments in health care, education and reforms
      LATWP  -  666 words
    • Article, Illustration
      Lock icon Govt will do whatever it takes: Obama
      548 14 Bloomberg His job will be to bolster confidence in the economy [NEW YORK] US Presidentelect Barack Obama said that government will do "whatever it takes" to revive the economy, and that means "we shouldn't worry about the deficit next year or even the
      – Bloomberg; : Congressional Budget Office, White House; Reuter graphics  -  548 words
    • Article
      Lock icon US recession to extend into next year: survey
      440 14 Bloomberg [NEW YORK] The United States has entered a recession that will persist into next year, and economies around the world will follow suit, according to a survey of business economists. After growing 1.4 per cent this year, the US will contract
      – Bloomberg  -  440 words
    • Article
      Lock icon UK economy will contract by 1.7% in 2009: industry body
      316 14 Reuters [LONDON] Britain will suffer its sharpest economic contraction in almost two decades next year and the number of people out of work could rise to nearly three million by 2010, the Confederation of British Industry (CBI) said yesterday. It
      -■—_!_--- – Reuters  -  316 words
    • Article, Illustration
      Lock icon Starved of economic signals? Try beer, muffins
      516 14 Reuters [SYDNEY] Australians are anxious to know if they will avoid recession and are turning to some unexpected, unofficial economic indicators to find answers. Unconvinced by official data, which are sending mixed and sometimes dubious signals, pundits are instead turning to everything from
      – Reuters; FILE PHOTO  -  516 words
  • Page 14 Advertisements
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      18 14 Lianhe Zaobao I How to assist SMEs: IDAS'Taxpayer Feedback Panel (TFP)hasa $5 billion wish on financing. *msri*iti*/j\ffl:fc}ik W-^S<MZ.7cM
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      373 14 g^NOTICES INTHEMAnEROFTHE COMPANIES ACT, CAP. 50 CHINA WORLD INVESTMENT PTE. LTD. (REGISTRATION NO.: *****7749W) (INCORPORATED IN SINGAPORE) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101 Cecil Street #16-05 Tong Eng Building 5(*****3) on the 13 NOV 2008 at 10.30 a.m. the Resolutions set
      373 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Indonesia's economy posts 6.1 % growth
      592 15 Indonesia's economy posts 6.1 growth Modest number in Q3 partly due to resilient consumer spending [JAKARTA] Indonesia's annual economic growth eased in the third quarter to 6.1 per cent, but was still marginally above expectations despite the global financial crisis weighing on export demand, particularly for its commodities. The figures
      592 words
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      Lock icon Zeti upbeat about Malaysian growth
      675 15  -  S JAYASANKARAN She says govt's short-term external debt is comfortable By in Kuala Lumpur IN July, Malaysia's central bank predicted in its monthly monetary outlook that the next 12 months would be difficult as the world could see a "significant" slowdown. "That was why we
      REUTERS  -  675 words
    • Article
      Lock icon Sinar Mas buys 70% of Bank Century
      241 15 Bloomberg [JAKARTA] PT Sinar Mas Multiarta, part of Indonesia's Sinar Mas Group, said it agreed to buy 70 per cent of PT Bank Century, a mid-size Indonesian financial services company, after Century failed to settle a funding obligation last week. The purchase is
      – Bloomberg  -  241 words
  • Page 15 Advertisements
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      160 15 Footnotes: 1. New Accounts claim based on internal E*TRADE FINANCIAL Corp. metrics for average daily gross new E*TRADE Bank and E*TRADE Securities accounts between 10/1/07-9/30/08. Net new accounts were in excess of 150,000 over the same period. 2. For details of Smart Money award, please visit www.etrade.com.sg. 3. Financial figures
      160 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Rich nations told: Come talk to us with humility
      511 16 Reuters Developing nations should get more clout for helping in crisis: China SWF [SHANGHAI] China and other developing countries should be given more influence in the global financial system if they provide money to help resolve the world's economic crisis, a
      ■ Reuters  -  511 words
    • Article
      Lock icon China, Korea may boost currency swap
      350 16 Deal amount could rise fivefold to US$2O billion, says ex-Beijing official [BEIJING] China may increase its currency-swap agreement with South Korea fivefold to US$2O billion, said Cheng Siwei, former vice-chairman of the nation's legislature, on Sunday. The two countries joined Japan in a statement
      350 words
    • Article, Illustration
      Lock icon Infosys rejects concerns over outsourcing jobs from US
      451 16 AFP [NEW DELHI] Infosys Technologies, India's secondlargest software firm, brushed off concerns yesterday that the election of Barack Obama as US president could mean a drop in outsourcing work. During his campaign, Mr Obama said he would offer incentives to companies that
      AFP  -  451 words
    • Article, Illustration
      Lock icon No ad spending bounce from Beijing
      728 16 ■IHT [PARIS] What happened to the "Beijing bounce" the surge in advertising spending that the Summer Olympics were supposed to provide? "Going into this, we expected a substantial spike," said Martin Sorrell, chief executive of WPP Group, the world's second-largest advertising company, after Omnicom
      ■IHT; REUTERS  -  728 words
    • Article
      Lock icon Ex-Goldman ally in India seeks new overseas partners
      462 16 Bloomberg [NEW DELHI] Kotak Mahindra Bank Ltd, the former partner of Goldman Sachs Group Inc in India, plans to start new alliances with financial firms as the global credit crisis forces local businesses to sell stakes overseas. "We have to do a
      Bloomberg  -  462 words
    • Article
      Lock icon Global crisis takes toll on Indian corporate confidence
      369 16 -AFP [NEW DELHI] India's top business body insisted over the weekend that the economy was in good shape to ride out the global financial storm, but conceded that corporate confidence was a big problem. The feeling for companies is "like they have
      -AFP  -  369 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Citigroup to slash a further 50,000 jobs
      624 17 Reuters, AP Cuts expected from layoffs, sale of units, attrition; bank to cut expenses by 20% [NEW YORK] Citigroup Inc said yesterday it plans to cut about 50,000 jobs as souring economies and global credit conditions cause the US bank with the farthest
      – Reuters, AP  -  624 words
    • Article, Illustration
      Lock icon NZ PM-elect unveils Cabinet with focus on economy
      657 17 -AFP [WELLINGTON] New Zealand prime minister-elect John Key unveiled his Cabinet yesterday, pledging to focus on boosting economic growth and tackling the global financial crisis in a country suffering recession. The former investment banker has been working frantically to put his government
      -AFP; REUTERS  -  657 words
    • Article
      Lock icon Competition for deposits intensifies in the US
      594 17 Bloomberg AIG and GMAC now offer more than 4% for one-year CD [NEW YORK] Competition for deposits is becoming fierce. Money-losing companies' banking units are paying higher rates than larger rivals to lure depositors, pressuring bank profits needed to offset rising loan losses.
      – Bloomberg  -  594 words
    • Article, Illustration
      Lock icon HSBC cuts 500 jobs in Asia, 90% are in HK
      339 17 Bloomberg [LONDON] HSBC Holdings said that it has cut 500 jobs in Asia, citing deteriorating economic conditions and a "cautious outlook". Some 90 per cent of the losses will fall in Hong Kong. The layoffs represent about 2 per cent
      – Bloomberg; REUTERS  -  339 words
    • Article
      Lock icon Burgundy prices fall on economy, weather
      299 17 Reuters [BEAUNE, France] Battered by storm damage and the weak global economy, French Burgundy wine prices fell at an annual charity auction held on Sunday, experts said. The Beaune Hospices auction, which features the 200-year-old tradition of bidding for the final lot until two
      – Reuters  -  299 words
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  • WORLD
    • Article, Illustration
      Lock icon Toyota iQ microcar
      171 18 Toyota iQ the world's smallest four-seater passenger car goes on sale in Japan on Nov 20. The micro-premium iQ will retail for U5514,750 in Japan and will be available in Europe in early next year. The iQ won Japan's 2008 Car of the Year last week by
      171 words
    • Article
      Lock icon Republicans lukewarm to bailout of carmakers
      495 18 NYT They favour easing some restrictions on previously approved subsidised loans [WASHINGTON] A proposed bailout of imperilled American carmakers is coming under even more criticism as the outgoing Congress is set to return yesterday for a last partisan fight over the issue. Although dozens
      NYT  -  495 words
    • Article
      Lock icon Supplier woes raise danger for US auto industry
      490 18 -AP [NEW YORK] The financial woes of US automakers have grabbed Washington's attention, but similar problems at auto suppliers have the potential to set off a cataclysmic chain of events in the industry if key parts makers run out of cash and
      -AP  -  490 words
    • Article
      Lock icon Seven top Goldman execs forgo bonuses this year
      590 18 -NYT PAY UNDER SCRUTINY Move likely to put pressure on competitors like Morgan Stanley to take similar action [NEW YORK] As public scrutiny of Wall Street pay intensifies, one bank has already decided what it will award in bonuses to its top
      -NYT  -  590 words
    • Article, Illustration
      Lock icon Job contracts may hinder UK bid to rein in bonuses
      601 18 Bloomberg [LONDON] Britain's financial regulator, under orders from Prime Minister Gordon Brown to rein in bankers' bonuses, may find that employment contracts hinder efforts to make changes this year. The Financial Services Authority (FSA) would have to overcome the twin
      Bloomberg; AP  -  601 words
    • Article
      Lock icon UBS adopts new exec pay model, axes 2008 bonuses
      485 18 Reuters, AFP [ZURICH] Swiss bank ÜBS AG, under pressure at home to give up hefty bonus schemes in the face of its poor performance, said yesterday it would introduce a more transparent pay system for top executives. The bank also said
      – Reuters, AFP  -  485 words
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  • G-20 SUMMIT
    • Article, Illustration
      Lock icon Tougher financial rules in the works
      864 19 Bloomberg Leaders calling for higher capital requirement greater asset transparency [NEW YORK] Leaders of the world's biggest developed and emerging nations put banks and investors on notice that they will need to hold more capital and reveal more about their holdings, signalling that the
      Bloomberg; REUTERS  -  864 words
    • Article, Illustration
      Lock icon High on symbolism, low on action
      672 19 AP [TOKYO] Analysts, investors and media around Asia expressed concern yesterday that a weekend summit of world leaders aimed at tackling the global financial crisis and preventing future debacles was high on symbolism but low on action. While welcomed around Asia as a significant
      AP  -  672 words
    • Article
      Lock icon Revenue plunge leaves US states mulling service cuts
      394 19 -NYT [LOS ANGELES] Two short months ago, lawmakers in California struggled to close a US$l5 billion hole in the state budget. It was among the biggest deficits in state history. Now the state faces an additional US$ll billion shortfall and may be
      -NYT  -  394 words
    • Article
      Lock icon Obama, G-20 see lax oversight as culprit
      453 19 Reuters April meet vital for future of global financial system [WASHINGTON] US Presi-dent-elect Barack Obama stayed away from the weekend's global economic summit but had he attended, he would have found common ground with many participants who see lax regulation as a main
      – Reuters  -  453 words
    • Article
      Lock icon Manhattan prosecutor to monitor US bailout
      184 19 -NYT [NEW YORK] US President George W Bush has nominated a federal prosecutor from New York City for an important role in monitoring the administration's US$7OO billion financial markets rescue operation. Neil M Barofsky, an assistant US attorney in Manhattan, was named on Friday
      -NYT  -  184 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon US carmakers deserve another chance
      459 20 EDITORIAL IT may be tempting to condemn the sputtering US car industry to bankruptcy. After all, it has been long burdened by management miscalculations, too-generous wages and legacy costs. Still, it is a wrong time for a hands-off policy when three million jobs are at
      459 words
    • Article, Illustration
      Lock icon Washington: boom town amidst the gloom
      953 20  -  LEON HADAR The capital tends to grow and prosper during times of economic and international troubles I HETHER you examine economic indicators or study anecdotal evidence rising unemployment, home foreclosures, business bankruptcies, falling consumer confidence, deserted shopping malls they all seem to point to
      AP  -  953 words
    • Article
      Lock icon Republicans need to do some difficult rethinking
      799 20  -  WILLIAM KRISTOL -NYT THE BOTTOM LINE By LAST week, assembled at Miami's Intercontinental Hotel for a meeting of the Republican Governors Association, the governors seemed cheerful. The GOP had lost only one statehouse on Election Day. The prospects for a Republican pick-up in
      -NYT  -  799 words
    • Article, Illustration
      Lock icon Doing well in a down economy
      1051 21  -  808 FLEMING The key is taking a longer term perspective which requires an objective look at market dynamics By SLOWDOWN, sluggish economy, recession, crash. Whatever you choose to call the situation, business is in a definite downturn and all signs indicate that this will
      Roberts X (2003): What strategic investments should you make during a recession; McKinsey Quarterly, September 2008  -  1,051 words
    • Article, Illustration
      Lock icon Seeking fresh talent worldwide
      705 21  -  STEVEN PHAN By THE world today is a very different one. More than 20 years ago, the "musthave" items for teenagers included the Sega Master game console and the Sony Discman a next generation Walkman that could play recently developed compact discs. The Internet was an
      AFP  -  705 words
    • Letter
      Lock icon Green Mark scheme designed to suit S'pore
      438 21  -  Tan Tian Chong LETTER TO THE EDITOR WE would like to clarify some of the points stated by your interviewee in the report "Developers may not green and bear it" (BT, Nov 10). In the last paragraph of the report, Peter Rawlings was
      438 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Tanker demand up on crude storage
      383 22 Bloomberg Iran's use of ships to store oil helps boost rentals [LONDON] Oil tanker demand is being buoyed by traders seeking to store unwanted crude, potentially bolstering hire rates that have plunged 71 per cent since July. Frontline Ltd, the largest owner of supertankers,
      Bloomberg  -  383 words
    • Article, Illustration
      Lock icon Singapore Aviation Academy opens 4th training school
      242 22  -  YEN SREENIVASAN By [SINGAPORE] The Singapore Aviation Academy (SAA) opened its fourth training school yesterday. The School of Civil Aviation Safety and Security, officially opened by Lim Kirn Choon, director-general and CEO of the Civil Aviation Authority of Singapore, will develop and conduct
      CMS  -  242 words
    • Article
      Lock icon Asia-Pacific shipping outlook poor: Moody's
      361 22 [NEW YORK] Moody's Investors Service has a negative outlook for all three shipping sectors of dry bulk, tankers and liners in Asia Pacific over the next 12-18 months. According to a new report by Moody's yesterday, the global economic downturn, tightening bank credit, increased volatility
      361 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        108 22 '000 Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KTVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.28 0.20 0.84 0.33 0.63 0.45
        108 words
      • Article
        Lock icon KLSE
        34 22 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings unch 8.40 8.50 2.38 unch 0.07 unch unch 0.10 0.15 -0.02 unch unch unch 20! 45! 241 131
        34 words
      • Article
        Lock icon BANGKOK
        12 22 ■oo ■recious Ship Jegional Cont 10.50 ...6.20 -0.30 -0.10 2311 12!
        12 words
      • Article
        Lock icon HONGKONG
        12 22 '000 lov Doil iingamas Cont 14.62 0.61 unch unch 55) 19;
        12 words
      • Article
        Lock icon PHILIPPINES
        22 22 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.60 14.25 2.20 unch unch 0.75 unch unch 273 90 11 0
        22 words
      • Article
        Lock icon TAIPEI
        23 22 IOV17 HT$ Vol Evergreen Marine ...16.90 :irststeamship 34.30 /Van Hai Lines 14.35 r"ang Ming Marine...11.20 -0.35 unch 0.10 0.25 11 1: 2:
        23 words
      • Article
        Lock icon TOKYO
        41 22 '000 (awasaki Hvy Ind ...206.00 (awasaki Kisen 367.00 Mitsubishi Hvy 364.00 vlitsui Eng&Sbldg...135.00 vlitsui Osk Lines ....485.00 Nippon Express 391.00 Nippon Yusen 456.00 'iource: Thomson Reuters 4.00 ***** -4.00 872! 1.00 2882! -1.00 ***** 3.00 3461! 3.00 23K -4.00 *****
        41 words
    • Article, Illustration
      Lock icon Chinese airlines seek govt aid to ease losses
      481 22 Reuters, Bloomberg Shares of three big carriers surge on reports of possible cash injections [SHANGHAI] The parent companies of Air China and China's other big airlines will be getting government aid as they face hefty losses this year from high costs and
      Reuters, Bloomberg; AP  -  481 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPATURES
      2484 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France'»"> 41 <\ir India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BA. E:G Biman Bangladesh Airlines (BBC /al Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways
      2,484 words
  • Page 22 Advertisements
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      108 22 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO TRADE INCREASE IN INDONESIA PORTS SURCHARGE (IPS) SURABAYA The following feeder operators wish to inform the trade that the Indonesia Ports Surcharge (IPS) applicable on all SOC shipments, laden/empty containers loaded or discharged at Surabaya will be increased by the following additional amounts
      108 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      406 22 CRYPTIC CROSSWORD ACROSS eat apples here (8) I I I j 5 Ornament cleaner repeated- __BB__BB__BB__H H_BB_BH_ try in encyclopedia? (9) II 11 A university lecturer given i2~"^| f^ right to keep ornament (5) __L I J__L 11. J—^J—^J—^J— 12 Provided help in west side of j I 13 Very
      406 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8656 23 Transaction date: Nov 17 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E j3 12 3 3148 8Telecom 19 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABRHIdgs 19.5 6 1938 AEI Corp 14.5 1 1100 AEM 32.5 7 2101
      8,656 words
    • Article
      Lock icon SGX CATALIST
      1859 24 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
      1,859 words
    • Article
      Lock icon SGX XTRANET
      73 24 52-Wk Tel High Low Code Last Sale Vol COOO) Day 111 Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _Hm ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 385 158
      73 words
    • Article
      Lock icon CLOB INTERNATIONAL
      71 24 52-Wk Tel High Low Code Last Sale Vol COOP] Day Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hii 112 42 6000 AVJennings 20.5 4 6134 Over&Gen 36.5 6 6017 StarCruises 283 115 6019 TanChonglnt A49 A8 US7 HK125 unch -1 13 4591
      71 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8951 24 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.417/ AIGIF S'pore Bond Fund/ A 1.255/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.58/ APS Alpha Fund (USD)!** 0.38/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.6268/ APS Komaba
      8,951 words
  • Page 23 Advertisements
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      Lock icon Page 23 Advertisements Column 1
      44 23 ROYAL OAK COLLECTION WHERE EXTREMES MEET 7 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED >^$^^^^!~^^^^^^: s -;;.i^.r ~"---J "--■■if**!^' 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 -*few^i^^r-—'^^K Js' "W-^Bs^^ >V Internet: Http://www.audemarspiguet.com jj"^- '^^li!^T^^T"*^ ''^V" i '■.\t"C-j'S<^
      44 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      367 25 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Nov14 World Index Preliminary 666.5 -1.4 -41.1 -0.9 -41.3 -1.3 -44.4 EAFE Preliminai 645.9 1.2 -42.4 1.9 -45.4 1.5 -48.3 Euroi Prelim inan 909.7 1.1
      367 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 25 As at 9am Novl7 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9630 1.0060 Can dollar 1.2190 1.2350 Euro 1.8950 1.9190 NZ dollar 0.8290 0.8490 iterlini ind 2.2180 2.2460 US dollar 1.5130 1.5320 Local dollars to 100 units of foreign currency:
      131 words
    • Article
      Lock icon INTERBANK RATES
      172 25 Nov 17 *L Offer Bid Overnight 1/8 1-month 13/16 2-months 7/8 3-months 15/16 Overnight mode: 1/16 US$ Offer 1/16 9/16 5/8 11/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 1.10 1.80 2.60 2.75 3.20 3.30 3.50 Offer 0.60 1.30
      172 words
    • Article
      Lock icon STOCK INDEX FUTURES
      26 25 Nov 17 ten Hii ih Sett STI SIMSCI Nov 206.6 214.1 211.5 Taiwan Nov 162.9 168.3 164.6 Source: MF Global (S) He. Ltd
      26 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      24 25 Nov 17 SS Bid Offer 1-month 1.5220 1.5237 2 months 1.5197 1.5215 3 months 1.5177 1.5195 6-months 1.5108 1.5126 Source: OCBC
      24 words
    • Article
      Lock icon PALM OIL
      61 25 Novl7 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low Dec 08 1429 Jan 09 1455 Feb 09 1460 Mar 09 1460 Total o/p: ***** contracts 1427 1446 1412 879 6027 1433 1463 1416 3889 ***** 1435 1465 1413 8362 ***** 1437 1460
      61 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      306 25 Novl7 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO8 MarO9 JunO9 SepO9 97.7250 97.9050 97.8850 97.8050 5819 8735 3814 3013 EUROYEN TIBOR FUTURES DecO8 99.230 99.230 MarO9 99.350 99.350 JunO9 99.400 99.410 SepO9 99.400 99.410 DecO9 Mar10 Jun10 Sep10 99.230 99.350 99.400 99.400 99.230 99.315 99.395
      306 words
    • Article
      Lock icon SICOM FUTURES
      198 25 Nov 17 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) 0/1 lots) Dec 08 178.5 Jan 09 179.0 FebO9 179.0 Mar 09 179.0 Apr 09 179.0 May 09 179.0 176.2 179.0 179.0 179.0 179.0 179.0 178.5 178.5 178.5 179.0 179.0 179.0
      198 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 25 Novl7 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****A 19.02.09 1-Year BY*****V 02.11.09 0.62 0.81 0.69 0.60 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 NY*****X
      88 words
    • Article
      Lock icon CHICAGO BOT
      102 25 Nov 14 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Nov08 878.00 887.00 886.00 880.00 Jan 09 896.00 894.00 897.00 879.00 Mar 09 905.00 903.00 906.00 890.00 May 09 915.75 913.25 916.00 903.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 32.60 32.81 32.60 32.00
      102 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 25 CRUDE OIL PRODUCTS Novl4 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 53.75 -0.29 WTI (Near Mth) 56.66 -2.86 Dubai (1-Mth F) 51.40 1.52 Tapis blend 58.55 1.20 Minas 57.65 1.20 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 29.77 74.65 -0.68 2.55 US$/barrel Opec Oil Basket
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 25 Nov 17 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.801 4.426 0.515 5.024 31.820 76.812 0.630 9.130 2.333 1.168 51.856 32.238 0.988 6.566 0.775 21.498 22.671 0.441 0.648 Canada 1.248 5.525 0.643 6.272
      464 words
    • Article
      Lock icon SIBOR
      75 25 Novl7 1 mth 1.***** 0.***** 2 mths 2.***** 0.***** 6mths 1.***** 9 mths 1.***** 12 mths 1.***** 3 mths 2.***** 0.***** 6 mths 9 mths 12 mths 2.***** 2.***** 2.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs
      75 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 25 Novl7 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9869 0.9884 0.6480 0.6484 Canadian dollar 1.2322 1.2339 0.8091 0.8095 Euro 1.9173 1.9195 1.2589 1.2592 NZ dollar 0.8448 0.8471 0.5547 0.5557 Sterling md 2.2390 2.2418 1.4701 1.4701 US
      157 words
    • Article
      Lock icon PRECIOUS METALS
      139 25 Novl7 GOLD (USS/oz) Nov 14 Nov17 Hong Kong London 731.50 749.00 732.50 750.00 Nov 13 Nov 14 715.70 743.80 717.70 746.30 Source: Thomson Reuters CAST BAR (S$) Nov17 Buying Sellini Kilobar "38,875.24" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz 1
      139 words
    • Article
      Lock icon LONDON METALS
      69 25 Novl4\ minimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 1878.20 1886.60 3 months 1928.00 1937.00 Copper, Grade A (US$/tonne) Cash 3 months 3780.20 3820.00 3634.50 3670.00 Lead (US$/tonne) Cash 1330.00 3 months 1345.00 1323.80 1339.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • Article
      Lock icon LIFFE
      70 25 Novl4 COCOA (Btonne) Close Prev Hii ih/Low Dec 08 1365 1340 1373/1336 Mar 09 1361 1346 1374/1346 May 09 1365 1354 1374/1359 JulO9 1372 1365 1380/1366 COFFEE (US$/tonne) Close Pev High/Low Nov08 1800 1773 1805/1784 Jan 09 1828 1805 1842/1809 SUGAR (US tonne) White Close Prev High/Low Dec 08
      70 words
    • Article
      Lock icon BONDS & WARRANTS
      2997 25 BONDS WARRANTS Tel Code Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- COOO) Ratio Price ing Left 2058 Advance Modules Grp W*****3 6 susp 2036AdvanceSCTLtdW*****9 0.5 9092 Asia Environment W*****4 6.5 4481 Asia Water Tech Ltd W*****0 ..18.5 3816 Asiasons Capital Ltd W*****7 4 8756 Asiatic
      2,997 words
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      2794 26 m The Business Times Shipping Times yi^HSBWBBjBM ijWml ™^i.i/wiii#wBSFn lil^M WAN HAI international pte ltd I^~l W tflcf^l^'d'V Kkg||K|jfyß ■■MpmAfoMWilEi^aiiilM I VTki\ IAIA M UAI ll^irr "L *****588 (14 LINES) FAX: *****163 l^l^~ A A.^ ■^11 E.'l*(il^ll BgBBaBHBeHISaagBaEIW WaMmSSSS^SSIIMSSSM I VAN 1 WAN HAI INtS Customer Service/Bookings Direct Line (1800)
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      4602 27 KimV IP E EASTERN CAR LINER, LTD ||^^KEEDB!Q iL-^^__l SPECIALIZE IN RORO& HEAVY LIFT UPTO 450 TONS [I^M KMllMillllililM lllllllllMllllllllllll^^^^M I I '"UK!) I Lillinq(KT) I MUA I SIN I PKL IKB I )KT I SUR I VOY ITA lIP PISjInATON^ PSL SERVICE Connecting AMX Service via P.KLANG Connecting ECL
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  • PROPERTY
    • Article, Illustration
      Lock icon More steps to stimulate China market on the cards
      701 28 Reuters But measures likely to have little impact recovery not in sight for another year [BEIJING] China is likely to roll out more measures before long to stimulate demand for housing, but recovery in the all-important property market is unlikely for
      – Reuters; AP  -  701 words
    • Article
      Lock icon Report of office rent fall dulls Japan property stocks
      407 28 Reuters [TOKYO] Shares of Mitsubishi Estate Co and other big Japanese property firms tumbled after a newspaper survey showed that rents for new office buildings in Tokyo had fallen for the first time in six years. The survey in the Nikkei
      – Reuters  -  407 words
    • Article, Illustration
      Lock icon URA seeks feedback on bridge name
      254 28  -  UMA SHANKARI By [SINGAPORE] The Urban Redevelopment Authority (URA) is seeking people's views on proposed names for the upcoming bridge and art park at Marina Bay. The proposed names for the pedestrian component of the bridge are The Double Helix and The DNA Bridge,
      254 words
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      Lock icon Hypo may seek more state cash by year-end: analysts
      480 29 Reuters Company expects its liquidity needs to exceed the agreed rescue package [FRANKFURT] Troubled German property financier Hypo Real Estate may tap the government for more cash by the end of the year beyond the 50 billion euros (5596.3 billion) it
      – Reuters; AP  -  480 words
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      Lock icon S'pore property fund index in the works
      269 29  -  EMILYN YAP Compiler seeking more data from portfolio managers By [SINGAPORE] The Investment Property Databank (IPD), a global provider of real estate investment indices, is calling for more support from property fund managers in Singapore to develop a national index. "An IPD Singapore
      269 words
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      Lock icon Euro HQ for JPMorgan at Canary Wharf
      288 29 Reuters [LONDON] Songbird Estates, majority owner of London's Canary Wharf business district, said yesterday that it had reached an agreement to develop a new European headquarters for US bank JPMorgan. Under terms of a deal first announced in August, JPMorgan has bought the
      – Reuters; AP  -  288 words
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      Lock icon Sellers slash asking prices for homes in UK
      247 29 Reuters [LONDON] Increasingly desperate sellers slashed asking prices for homes in England and Wales by 2.9 per cent in November, pushing them 7.1 per cent below their level a year ago, a survey showed yesterday. Property website Rightmove said sellers were recognising
      – Reuters  -  247 words
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      919 28 J [SATS THE BUILDING MAINTENANCE AND THE COMPANIES ACT, CAP. 50 STRATA MANAGEMENT ACT 2004 ALCOCKADAMS RESEARCH PTE. LIMITED IN THE MATTER OF <C REG, Ni N0: 2M*****8D) LAND TITLES (STRATA) ACT 0n Members' VolulltalT Liquidation) AND NOTICE IS HEREBY GIVEN that the Creditors of the r J. N-I H.
      919 words
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      191 28 I Unique 4,612m 2 development site in "Tlie aa^^ mm m Prime" Christchurch CBD location T M Proposed "Green Star" 12 level building with Jb V m^t mmM mk A^i Jb 3 unrivalled strata title 1,550m 2 to 2,100m 2 I floor plates JS\ lillP- jjjf jja| S Over 70
      191 words
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      1074 29 V*4, rT/\^TT/nrr Tollfree:1800-289-8822 w |\l I l-( Email: notices@sph.com.sg JL^I V^>J JL i V._r< 1 t,_* www.cats.com.sg W Mitsubishi UFJ Trust and Banking Corporation MUFG (Incorporated In Japan With Limited Liability) Consolidated Balance Sheets Consolidated Statements of Income As of March 31,2008 and 2007 Fiscal years ended March 31,2008 and
      1,074 words
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  • INDUSTRIAL SPACE
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      Lock icon Pushing limits – underground
      1034 30 Pushing limits underground JTCTender Subterranean projects are underway to create more usable space and free surface land for other productive uses, reports EMILYN YAP MENTION the underground and scenes of dark tunnels and claustrophobic chambers often come to mind and this is something Hollywood has exploited in many of its
      JTCTender; 'FILE PHOTOS; FILE PHOTO  -  1,034 words
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      149 30 -»v. Fusionopolis houses state-of-the-art IT infrastructure and facilities *N to support Infocomm Technology, Media, Physical Sciences and Engineering industries. The first integrated development in ZZ_*jfc'fl one-north, Fusionopolis also provides luxurious serviced P™~™ffllffii£E^™ apartments, retail, entertainment, and more. '"^i^l^^rT^T 'I' >i|..-Zj Work, Live, Play, Learn. Pl i Tj ."^fcNvl You can
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      14 30 This series is brought to you in conjunction with JTC's 40th anniversary. 40 -Lyears
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