The Business Times, 28 November 2008

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Microfilm: NL29539
Total Pages: 44
1 44 The Business Times
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  • Title Section
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    19 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Friday, November 28,2008
    19 words
  • Article, Illustration
    Lock icon India's business heart in crosshairs
    799 1  -  CONRAD TAN Mumbai terror strike kills many, halts market trading as financial sector tots up costs [SINGAPORE] India's financial markets were shut yesterday for the first time in more than three years after brazen terrorist attacks killed over 100 people and hurt hundreds more in
    AFP  -  799 words
  • Article, Illustration
    Lock icon Reits treading warily in market minefield
    633 1  -  EMILYN YAP Refinancing a bigger focus; acquisitions on hold; sector shakeup possible [SINGAPORE] The latest earnings season has been a chilly one for real estate investment trusts (Reits) hit by the credit crunch and a cooling property market. Many Reits are working to shore
    DMG & Partners Securities  -  633 words
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      39 1 JhttS')®^*'-' EXEC LIFESTYLE SUCCESS COMMENTARY JEWELLERY &&**>**>% *+^JW^>Bjj|k Re-inventing the STORIES Former US President FOR ETERNITY Gr i' SI concept Entrepreneur of Clinton on action now Glitter and glamour 1-^ Kwr%Mn^^ PAGE3S the year PAGES 8-16 PAGE 30 PAGES 23-28
      39 words
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  • TOP STORIES
    • Article
      Lock icon Reinsurers may hike price of risk covers
      530 2  -  EMILYN YAP Tough times and poor returns on investment may drive the move [SINGAPORE] Reinsurers are seeing the opportunity to raise prices as the financial crisis dries up capital and possibly triggers more demand for risk cover. "An increasing number of players in
      530 words
    • Article
      Lock icon SGX proposes greater short-selling disclosure
      317 2  -  JAMIE LEE It wants sellers to mark short sales orders; and it'll publish the total for each stock daily [SINGAPORE] The Singapore Exchange (SGX) yesterday proposed plans to disclose short-selling activities. SGX has suggested in a consultation paper that brokers and customers that have gone
      317 words
    • Article, Illustration
      Lock icon Top Morgan Stanley SE Asia job for Ong
      458 2  -  ANGELA TAN By [SINGAPORE] US investment house Morgan Stanley said yesterday that it has promoted Ronald Ong, its chief executive officer for South-east Asia, to regional chairman. As chairman, 52-year-old Mr Ong will play a senior coverage role to many of the
      YEN MENG JIIN  -  458 words
    • MARKETS DIGEST
      • Article
        Lock icon PRIME RATES
        28 2 Bloomberg SINGAPORE 5.38 MALAYSIA 6.72 HONGKONG 5.00 INDONESIA 16.575 TAIWAN 6.316 JAPAN 1.675 KOREA 9.33 BRITAIN 3.00 US 4.00 CANADA 4.00 SWITZERLAND 2.27 INDIA 13.00 Source:
        Bloomberg  -  28 words
      • Article
        Lock icon MARKETS
        42 2 lursi iam 1COMP 869.98 +13.61 IIKKEI225 8,373.39 +160.17 IANG SENG 13,552.06 +182.61 ;et index 389.81 -5.41 JAKARTA COM P 1,202.07 +8.92 IANILACOMP 1,967.01 +34.10 ;eoulcomp 1,063.48 +33.70 ;henzhen b 253.08 +5.46 IUMBAI IND Closed 11AM EST Cham )OW Closed IASDAQ Closed
        42 words
      • Article
        Lock icon FOREX
        42 2 IS$ (S$ per US$) 1.512 (US$/S$ per 1.535 2.321 ;URO (US$/S$/E) 1.290 1.950 Foreign currency per US$ S$ 'EN 95.20 62.90 3.623 2.395 IK$ 7.754 5.127 !AHT 35.35 23.37 lUPIAH 12,250 8,100 1ENMINBI 6.829 4.515 INDIAN RUPEE 49.14 32.49 1.536 1.016
        42 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon India's business heart in crosshairs
        55 2 INDIA'S financial markets were shut yesterday after brazen terrorist attacks killed over 100 people and hurt hundreds more in India's business capital Mumbai. Shares of companies listed in Singapore with Indian operations slumped, dragging the Straits Times Index lower and defying a broad rally across
        55 words
      • Article
        Lock icon Reits treading warily in market minefield
        55 2 THE latest earnings season has been a chilly one for real estate investment trusts. Many Reits are working to shore up confidence in their credit positions. Property acquisitions are virtually off the table while analysts are divided on whether consolidation within the sector is
        55 words
      • Article
        Lock icon Reinsurers may hike price of risk covers
        63 2 REINSURERS are seeing the opportunity to raise prices as the financial crisis dries up capital and possibly triggers more demand for risk cover. As it becomes tougher to raise funds from debt or equity markets, more primary insurers could turn to reinsurers as
        63 words
      • Article
        Lock icon Govt gets tough as Bangkok is isolated
        45 2 THAI Prime Minister Somchai Wongsawat declared a state of emergency at two Bangkok airports besieged by anti-government protesters, a deputy minister said yesterday, as rumours of an imminent army coup swirled through the capital. TOP STORIES, PAGE 4
        45 words
      • Article
        Lock icon Keppel Corp reviews orders worth $1.2b
        51 2 KEPPEL Corp is reviewing $1.2 billion worth of orders from Seadrill, Scorpion Offshore and Ezra Holding's Lewek Shipping "in light of the tight credit market". Keppel said it is negotiating arrangements for these contracts, adding that construction work has not begun. COMPANY NEWS, PAGE
        51 words
      • Article
        Lock icon Ml-Reit to refinance $201m of debt by Jan
        60 2 MACARTHURCOOK Industrial Reit said yesterday it aims to refinance some $201 million of debt due in April 2009 by the end of January next year. MI-Reit announced the plan a day after Moody's downgraded the Reit's corporate family rating to Ba2 and
        60 words
      • Article
        Lock icon Services sector's receipts up 11.6% for Q3
        73 2 SINGAPORE'S service sector held up in the third quarter, in contrast with the bleak October's manufacturing output figures released earlier this week. Data released yesterday showed an 11.6 per cent rise in overall business receipts from Q3 2007. But this reflected a slower
        73 words
    • Article
      Lock icon Govt gets tough as Bangkok is isolated
      628 4  -  NISHA RAMCHANDANI i Reuters Threat to use emergency powers as protesters seize second airport [SINGAPORE] Thai Prime Minister Somchai Wongsawat declared a state of emergency at two Bangkok airports besieged by anti-government protesters, a deputy minister said on Thursday, as rumours of an
      i Reuters  -  628 words
    • Article
      Lock icon Jobs on the line as 2 UK retailers go to the wall
      520 4 MFI folds, fate of Woolworths in the balance [LONDON] More than 30,000 British retail jobs are at risk, as furniture chain MFI collapsed and DVDs-to-sweets group Woolworths was poised to do the same. MFI, part of which went
      520 words
    • Article, Illustration
      Lock icon Commandos storm hotels to free hostages
      596 4 Reuters, AFP, Bloomberg MUMBAI TERROR STRIKE [MUMBAI] Elite Indian commandos fought room-to-room battles with Islamist militants inside two luxury hotels to save scores of people trapped or taken hostage after a concerted attack at more than 10 sites in Mumbai. At least 104 people
      Reuters, AFP, Bloomberg; AP  -  596 words
    • Article, Illustration
      Lock icon Attacks may shake confidence: PM Lee
      499 4  -  LEE U-WEN He condemns terror strike and says Spore is ready to offer its assistance PRIME Minister Lee Hsien Loong has joined world leaders in condemning the terrorist attacks in Mumbai, describing the acts that have killed at least 100 people as "flagrant and
      AFP Graphics  -  499 words
    • Article, Illustration
      Lock icon MI-Reit to refinance $201m of debt by Jan
      372 7  -  UMA SHANKARI Disclosure comes after Moody's cuts rating, with possible further downgrade MACARTHURCOOK Industrial Reit (MI-Reit) said yesterday it aims to refinance some $201 million of debt due in April 2009 by the end of January next year. MI-Reit announced the plan
      Bloomberg  -  372 words
    • COMPANY BRIEFS
      • Article
        Lock icon ST Engg unit bags US$51m contract
        51 7 SINGAPORE Technologies Engineering announced yesterday that its aerospace arm, Singapore Technologies Aerospace, has clinched a US$5l million contract from the Indonesian Air Force to perform maintenance and modification on four C-1308 aircraft. The programme begins immediately and is expected to be completed over 30
        51 words
      • Article
        Lock icon PNE Ind reports fall in earnings
        54 7 PNE Industries' net profit fell to $3.2 million for its financial year ended September 2008 from $4.22 million in the preceding year. The group had turnover of $86.0 million, up 9 per cent, due to higher sales by its trading and contract manufacturing segments,
        54 words
      • Article
        Lock icon Inter-Roller gets more India airport projects
        77 7 INTER-ROLLER Engineering has secured another contract for three airports in India. The project value is about $6 million and is scheduled for completion in six months' time. Inter-Roller will help integrate the baggage conveyer systems with the X-ray inspection at Mangalore, Madurai and Ahmedabad
        77 words
    • Article
      Lock icon 3 local firms in running for multi-million $ PUB contract
      245 7  - 3 local firms in running for multi-million PUB contract ARTHUR SIM Job is to build new waterworks, ancillary facilities THREE Singapore-based firms are in the running for a multi-million dollar PUB contract that could be worth between $279.2 million and $335.2 million. The contract is for the building of waterworks
      245 words
    • Article
      Lock icon S'pore-Nanjing venture sets up US$100m fund
      365 7  -  EMILYN YAP SINGAPORE-BASED private equity firm Tembusu Partners is joining hands with the government in Nanjing, China, to set up a US$lOO million fund. The Nanjing Growth Fund will invest in growing companies in the Yangtze Delta region, across industries such as infrastructure and
      365 words
    • Article
      Lock icon Rednano Mobile kicks off next Thursday
      325 7  -  THEODORA KEE REDNANO Mobile, the mobile platform of local search and directory engine rednano.sg, is launching its free loca-tion-based service next week. To be introduced on Thursday, Rednano Locate will, among other things, allow users to find shopping haunts and coffee joints nearest to
      325 words
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      112 2 l 9 ON SALE NOW! ESPLANADE THEATRE A%^l V FROM 10 APRIL TO 3 MAY 2009 M 11 I STRICTLY NO EXTENSION POSSIBLE I P^^ m^r m SISTIC Booking Hotline iy I 1 6348 5555 Booking Website: WWW.SiStiC.COm.Sg Now and Forever Official Website: www.lunchbox-productions.com Music by Official TV station Official
      112 words
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      93 3 llßjTllfii I 111 If I'l I' V VW'ft 'i MK-'V»y- 'A VSV> V\\ Annual Calendar Ref. 4936G, //f/ W^^L^''\ TUC Uf\l II? n ACC Y^Y^N Mf 1 rIL nUUKVjLAjj w\f >i WrW Contemporary Horological Art W^V^^. Fs}\ *\-V&Ji SINGAPORE MALAYSIA THAILAND |?^Jj»^,»^jf"^/jli TAKASIIIMAYAS.C. T:65-6734 2420 KUALA LUMPUR BANGKOK .v i*V.
      93 words
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      37 4 |(^^BEBP HOCK STORE I s«B i>> ry ,*i| ■^^pp^^^W^pr- 11 l/.v" E'* .^L. .^1 f#jjl Lkb 1^ ■■■■■■I All WIKKIiM (if jif I #oi -06 National Mu&eum of Singapore 9) Stamford Road Singapore *****7 H£* j S
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  • COMPANY NEWS
    • Article
      Lock icon $1.2b orders for Keppel Corp being reviewed
      374 5  -  JAMIE LEE The Keppel O&M orders represent 9.6% of its order book SOME $1.2 billion of orders placed with Keppel Offshore Marine (O&M) are under review. The contracts, signed a few months ago, involve a semi-submersible for Scorpion Offshore, two jack-up rigs for
      374 words
    • Article
      Lock icon Hong Leong Asia makes bid for Tasek, valuing it at $290m
      341 5  -  JAMIE LEE Offer triggered by move to buy 13.5% stake for $39.5 m HONG Leong Asia (HLA) has made another attempt to acquire Tasek Corporation Berhad in an offer that values the Malaysian building material company at about $290
      341 words
    • Article
      Lock icon Cerebos strikes all the right notes
      648 5  -  SIOW LI SEN MAYBE they were there for the free lunch, but thinly traded Cerebos' results presentation on Wednesday was packed with analysts. Altogether 17 analysts 12 last year -were there, according to the management. Having 17 analysts cover a stock is not so
      648 words
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      40 5 lt\ 2^^-i SS|£ ET^n~l l^J v"^ I LJLJ .t <SV housewife HHIMiMHWIIiIMiMHiMFWIIIMHHWHH^^ *s ~^r <"\V\\^ ENGINEER +xf-* v- MrPMrplifiPVNrliiVPlli'fffi r'^^^ > V MARKETING EXECUTIVE jL S^DDCTDR V ||jjjl| J MERCHANT BANKER C~l^J£--w3> i)' ±4^ stf Wl&tBii&lf!!!^^ rouitot (fr'^ JhH i^^v^^-^-: j
      40 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Quiet session ahead of Wall St closure
      592 6  -  R SIVANITHY STOCKS Local stocks likely sold on event after having been bought in anticipation of US Wednesday rally THERE are two features of interest associated with yesterday's 0.61--point drop in the Straits Times Index (STI) to 1,710.52. First, the strong likelihood that
      : Bloomberg  -  592 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      93 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 9 4 4 0 0 0 9 4 4 lanufacturing 65 29 56 71 33 62 Commerce 17 11 20 19 12 22 "pt/Stor/Comms 14 11 10 17 11 10 ■inance 23 23 instruction 11 'roperties
      93 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      114 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 20,588 20,588 62,078 62,078 lanufacturing 302,554 19,080 321,634 156,725 580 157,306 lommerce 94,009 7,082 101,091 79,450 1,059 80,509 )t/Stor/Comms 107,235 318 107,553 156,870 39 156,909 :i nance 35,908 35,908 235,413 235,413 lonstruction 20,368 936 21,304 1,611 20 1,631 'roperties
      114 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      101 6 Capita Land 2.740 -0.040 CapltaMal 1.660 4-0.010 CityDev 5.600 4-0.130 Cosco Corp 0.715 IBS Grp 9.070 -0.130 :&N 2.860 -0.040 Sent Intl 0.385 iolden Agri 0.200 4-0.010 IK Land 2.250 -0.020 IMH 17.620 -0.380 ISH 9.580 -0.020 lardineC&C 10.180 4-0.580 Ceppel Corp 4.800 4-0.060 Ceppel Land
      101 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      960 6  -  CONRAD TAN TOURIST arrivals continue to drop y-o-y: October 2008 tourism data extended the continued decline in visitor arrivals, which have been dropping y-o-y since June 2008. For the month, total tourist arrivals were 843,000, representing an 8.1 per cent fall compared to the year-ago period. This brings
      : Bloomberg  -  960 words
    • Article, Illustration
      Lock icon Tight trading ranges amid Asian worries
      538 6  -  LARRY WEE CURRENCIES AHEAD of an extended Thanksgiving in the US, currency trading in Asia yesterday was described as mixed, if not nervously range-bound, amid more nasty news from the Asian front. In Bangkok, both government and anti-government forces in the Thai capital dug
      : Reuters  -  538 words
    • Article, Illustration
      Lock icon I STRAITS TIMES INDEX |
      5 6 I STRAITS TIMES INDEX DAILY
      5 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 6 Nov 27 VALUE CLOSE IT OB/OS -483.00 +299.0 IT CADI -*****.00+102.0 IT 10-day MA -*****.00 -48.00 TSE ST Mid Cap 331.57 +3.0. TSE ST Small Cap 276.58 +2.57 TSE ST All Share 406.28 +0.72 TSE ST China Top 165.16 +5.48 TSE ST China 166.93 +4.48 IOB Catalist
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      59 6 VOLUME Golden Agri 113,680,000 Noble Grp 54,479,000 Straits Asia 49,050,000 Yanlord 40,542,000 China Honqxinq 34,450,000 Sing Tel 33,559,000 Midas 28,402,000 Synear 26,749,000 Cosco Corp 25,114,000 IndoAqri 23,920,000 VALUE(S) DBS Grp 98,484,355 Sing Tel 84,683,630 Capita Land 52,671,760 Noble Grp 47,166,911 UOB 44,540,689 OCBC Bk 44,202,590 Keppel Corp
      59 words
    • Article
      Lock icon RISES
      102 6 CLOSE UP ICBC Bk4.5%NCPS 100 8250 60.0 0.7 lardine C&C 1018 58.0 6.' China H 10US$ 933 34.8 2. .erebosPac 280 32.0 12. :iMBAsean40 100US$ 475 21.2 3.' IOB 1280 20.0 IOB 5.05%NCPS 100 8990 20.0 0., ICBC Bk5.1%NCPS 100 8990 18.0 0., >hani iriLa Asia 990 17.5 10.'
      102 words
    • Article
      Lock icon FALLS
      115 6 CLOSE DOWN IMH 1762 -57.4 -2.1 LD 10US$ 8030 -33.3 -0.3 UOBRBePW*****3 73.5 -21.0 -22.2 'BL Cor| 300 -20.0 -6.3 ■elect Gr| 20 -19.5 -49.4 uocoLand Ltd 129 -16.0 -11.0 ,uric Pac 50 -15.0 -23.1 India Ni 10 816 -15.0 -1.8 DBS Gri 907 -13.0 -1.4 in< ijel 252
      115 words
    • Article
      Lock icon CURRENCIES
      83 6 Where S! stands Nov 11 CHNG CLOSE FRNOV26 YR2008 S$ LOW S$ HIGH uss 1.5102 -0.08 1.5346 1.3457 Euro 1.9504 0.64 2.2064 1.8640 Pounds 2.3277 -0.07 2.8431 2.2111 0.9863 -0.53 1.3251 0.9068 ren* 1.5862 -0.08 1.6645 1.2619 Rupiah* 0.***** 0.75 0.***** 0.***** Baht* 4.2709 0.23 4.4299 4.0190 Peso* 3.0978
      83 words
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      1168 7 This announcement appears as a matter of record only i^^t November 2008 mo marine ljmitied (Company Registration Number: *****2647 M) (Incorporated with limited liability in the Republic of Singapore on 5 September 1979) THE CORNERSTONE INVESTORS, INCLUDING 8,915,000 RESERVED SHARES RESERVED FOR EMPLOYEES WHO HAVE CONTRIBUTED TO THE SUCCESS AND
      1,168 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Verghese is E&Y Entrepreneur of the Year
      521 8  -  NISHA RAMCHANDANI He'll compete with 49 others for world award next year OLAM International's CEO Sunny Verghese has been named the Ernst Young Entrepreneur Of The Year (EOY) 2008 Singapore, and will go on to contend with 49 other country winners at the
      521 words
    • Article
      Lock icon S'pore-Israel R&D foundation invests US$6.1m in five projects
      296 8 THE Singapore-Israel Industrial R&D Foundation (SURD) said yesterday that it has invested US$6.l million in five newly approved research and development projects by companies in Singapore and Israel. The five joint-venture projects are expected to generate cumulative revenues of US$26O million in
      296 words
    • Article
      Lock icon Star Hub launches 'Home Zone' service
      178 8  -  JONATHAN GAN Free unlimited calls and SMSes from home for 3G subscribers CONVENTIONAL fixed-line phones in homes may soon be obsolete. Star Hub has launched a Home Zone package that gives its Max Online and mobile subscribers unlimited free voice and video calls and
      178 words
    • Article
      Lock icon Services sector receipts up 11.6% for Q3
      365 8  -  TEH SHI NING But Q3's growth is still lower than the numbers for Q1 and Q2 SINGAPORE'S service sector held up in the third quarter, in contrast with the bleak October's manufacturing output figures released earlier this week. Data released by the Department
      365 words
    • Article
      Lock icon URA releases reserve-list hotel site for application
      464 8  -  KALPANA RASHIWALA Market watchers don't see any takers until at least mid-'O9 THE Urban Redevelopment Authority (URA) yesterday released for application through the reserve list a plum hotel site at Bukit Chermin flanked by Keppel Club and the Reflections at Keppel Bay condo
      464 words
    • Article
      Lock icon Lend Lease makes progress in leasing of Orchard mall
      383 8  -  ARTHUR SIM By LEND Lease says it has found over 50 per cent of the retailers it needs for 313@Somerset Orchard Road. Lend Lease development director Michael Kenderes would not reveal expected rents, but he said Lend Lease has "agreed terms"
      383 words
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      49 8 m Energy Saving Lamps Change the way we live.wP I^*^^ /One light Bulb at a time. |ttp|p: r NQ Incandescent Ban on the way. MEGAMAN* Concept Store 101 Kitchener Road, No. 01-32, Jalan Besar Plaza, E-mail: sales@megaman.com.sg Singapore *****1 Tel: (65) ease 5573 website: www.megaman.ee Better Ideas! Better Life!
      49 words
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      Lock icon Page 8 Advertisements Column 2
      104 8 Do you have problems with your cash-flow due to your aged and problematic receivables from your debtors? Why not use our outsourcing services to clean-up your aged and problematic Receivables in the Current Assets of your Balance Sheet to better the cash flow, liquidity and credit rating? We have 28
      104 words
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  • Entrepreneur of the Year
    • Article, Illustration
      Lock icon Celebrating entrepreneurship
      684 9 The ingredients of success stories are invariably hard work, strategic thinking, ingenuity and determination, says imisha ramchaimdaimi WHEN it comes to entrepreneurship, there is no such thing as a formula. There is no 'one size fits all', no neat and tidy step by step approach nor any tried
      684 words
    • Article, Illustration
      Lock icon Managing risk during an economic downturn
      1037 9  -  JOHN CHIN TRADITIONAL thinking suggests that businesses retrench and cut back on investment when there is a downturn in the economy. On the contrary, businesses should view this period as an opportunity to refocus rather than merely cut spending. Companies that effectively manage risk
      AFP  -  1,037 words
    • Article, Illustration
      Lock icon How to save with corporate tax planning
      1253 10 chai wai fook and choo eiug chuam provide companies a timely reminder on what they must do before the year is out so as not to miss out on any potential tax savings DO you have a systematic plan for taking stock of
      FILE PHOTO  -  1,253 words
    • Article, Illustration
      Lock icon A good time to hire and nurture talent
      525 10  -  ROHIT AMBEKAR THE inevitability of an economic recession is all too apparent in our minds, given the daily onslaught of bad news from around the world. Although it is easy to become demoralised, there are people among us who are already thinking
      REUTERS FILE PHOTO  -  525 words
    • Article
      Lock icon You too can join the search
      275 10 ENTREPRENEURSHIP is becoming an ever greater force for positive economic and social change. Today's entrepreneurs are interested in much more than just running their businesses. They are personally interested in their employees, their communities, the environment and improving society as a whole. They create
      275 words
    • Article, Illustration
      Lock icon From trainee to an entrepreneur
      984 12 Olam's Sunny Verghese credits the company's success to professional management, reports misha ramchandani UNDER the leadership of CEO Sunny Verghese, 01am International has come a long way, growing from a small trading firm to a global player in the agriculture industry. Clearly, Mr Verghese fits
      FILE PHOTO  -  984 words
    • Article, Illustration
      Lock icon Staying ahead in the face of adversities
      894 12 Zicom chief believes only innovation and product development can beat competition and help it grow, says imisha ramchaimdaimi SIM Giok Lak, managing director of Zicom Group and Ernst Young's Entrepreneur Of The Year (Industrial Products), reckons a true entrepreneur is visionary, hard-working and
      894 words
    • Article, Illustration
      Lock icon Building on new goals and big dreams
      748 14 Ong Pang Aik, the farsighted chairman of construction firm Lian Beng, is undeterred by the current gloomy outlook, reports imisha ramchaimdaimi AS a corporate leader, Lian Beng Group's executive chairman Ong Pang Aik is perceptive, far-sighted and persevering. So it's not surprising that
      748 words
    • Article, Illustration
      Lock icon Integrated model for entrepreneurs and the wealthy
      1056 14 Private investment banking delivers solutions that help clients protect and grow wealth over the long term, writes Francois monnet CREDIT Suisse has proven itself to be a safe haven for our clients around the globe in the recent market turmoil. In a period
      AFP FILE PHOTO  -  1,056 words
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      81 11 XI A "v |^^a ERNST YOUNG ENTREPRENEUR OF THE YEAR WM COMMODITIES SUPPLY CHAIN $k Mr Sunny George Verghese 01am International Limited ,^^-^m^ Credit Suisse congratulates Mr Sunny George Verghese, who will represent Singapore at the Ernst Young World Entrepreneur Of The Year 2009. We also like to applaud the
      81 words
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      85 13 CongratuCations from: p ower i n g Business Worldwide \£y Kai™ sa kiPr ec «»,iMach™, AUSTRALIA LIMITED 5^ p^ mmm BOSCH GrOUP I SVS-MdC Group Companies Australia Indonesia Singapore Thailand China Cesco Australia Ltd PT Sys-Mac Indonesia Zicom Holdings Re Ltd Zicom Cesco Hangzhou Cesco J y ZICOM GROUP LIMITED
      85 words
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      272 15 Celebrating The Prestigious Win Of A Steadfast Leader ERNST YOUNG CONSTRUCTION ENTREPRENEUR OF THE YEAR 2008 MA I HMrOng Pang Aik, BBM Mr Ong Pang Aik assumed leadership of Lian Beng Group in Established in 1973, Lian Beng Group is one of Singapore's 1980 and was instrumental in transforming the
      272 words
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      67 16 Ik 1 /111; P§^ 'fiWr /TiL Ernst Young j\ tik .<j|]i Ernsts Young Wff f\ L^. 'w Entrepreneur Of The Year" if W Entrepreneur Of The Year H/^BP^ V~J aos Singapore W 1/ ZUOS Singapore |B /f i f'f Bk fl jij^__^^f Major sponsors: Official Official Official Official Supported by:
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  • ECONOMY WATCH
    • Article
      Lock icon Obama must manage big brains, big personalities
      709 17 LAT-WP His economic team will be packed with heavyweights like assertive Summers [WASHINGTON] Presi-dent-elect Barack Obama's appointment on Wednesday of former US Federal Reserve chairman Paul Volcker to the growing team advising him on the nation's deepening financial crisis only heightens a central
      LAT-WP  -  709 words
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      Lock icon A tough former Fed chief returns to the limelight
      505 17 LAT-WP [WASHINGTON] Paul Volcker was reviled before he was revered. Presi-dent-elect Barack Obama named the 81-year-old Mr Volcker on Wednesday to head a new economic advisory panel, citing "his sound and independent judgment". But nearly three decades ago the 6-foot-7-inch Volcker
      LAT-WP  -  505 words
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      233 17 \\r How You ttnumited oan oreate I AehiHving trie Financial Frratrvn MM V■ V v nud Mega Wealth During This Global Economic Crisis!^ If you want to strive and succeed during these turbulent times, you must not miss this powerpacked seminar! Why This Is The Time To START THINKING BIG!
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  • MALAYSIA
    • Article, Illustration
      Lock icon With RMllb in hand, YTL eyes cheap assets
      597 18  -  SJAYASANKARAN The firm generates excitement due to its growth despite the financial turmoil IF you had invested RMIO.OOO (554,180) in YTL Corporation 23 years ago and held on, you would have over RM700.000 by now. That's why the firm still generates excitement.
      597 words
    • Article
      Lock icon Petra settles suit with Die Hard star
      297 18 AP, AFP, Bloomberg [LOS ANGELES] A Malaysian technology conglomerate has repaid US$9OO,OOO to Bruce Willis after the actor filed a lawsuit demanding a refund of his investment. Martin Singer, Willis's lawyer, says that the federal lawsuit filed in Los Angeles has been "amicably
      AP, AFP, Bloomberg  -  297 words
    • Article
      Lock icon Manipal's unit to invest RM2Om in facility
      357 18  -  PAULINE NG STEMPEUTICS Research a fully owned subsidiary of India's Manipal Group plans to invest RM2O million (558.35 million) in a stem cell research facility in Malaysia with the aim of introducing a stem cell based product in three years. Over the past
      357 words
    • Article
      Lock icon Resurgent assertiveness of M'sian sultans picking up pace
      562 18  -  S JAYASANKARAN MALAYSIA'S royals have begun asserting themselves in ways that would have been unthinkable just eight months ago. Over successive days this week, the ceremonial rulers of Perak, Selangor and Negri Sembilan have criticised a, fatwa or Islamic ruling by the
      562 words
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      2649 18 V*^L firvTTnr r> To"free: 180°-289-8822 %r k 11 1 l_, V Email: notices@sph.com.sg _L^l V^>/ M. I V i www.cats.com.sg I =1 IN THE MATTER OF THE COMPANIES Aa, CHAPTER 50 T AND J I L INTHEMAnEROF f\ I I, ABRAXAS PTE. LTD. «E7 COMPANY REG. NO. *****8798Z VNT (IN
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Russia to host BRIC financial summit
      619 19 AP Brazil, Russia, India, China to discuss creating new global financial architecture [RIO DE JANEIRO] Russia and Brazil agreed on Wednesday to meet with India and China next year to create a new global financial architecture a reflection of how economic power is shifting
      AP  -  619 words
    • Article
      Lock icon Rate cuts on the cards as Indian inflation eases to six-month low
      493 19 Reuters, Bloomberg [NEW DELHI] Indian inflation eased for the third successive week to a six-month low in mid November as demand slowed in the economy, and the central bank was seen cutting rates soon to boost faltering growth.
      Reuters, Bloomberg  -  493 words
    • Article
      Lock icon China's forex reserves pushing US$2t
      315 19 Bloomberg [BEIJING] China's foreign-exchange reserves will "hopefully" reach US$2 trillion this year, National Bureau of Statistics chief economist Yao Jingyuan said. Mr Yao spoke in an interview after earlier being cited in news reports as saying at a Beijing forum that the reserves had already
      Bloomberg  -  315 words
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      95 19 WORLD'S FIRST ULTRA THIN LCD Unparalleled sophistication. Manifested in 1.5 sleekness. Unprecedented elegance. Accentuated by all-round 360° beauty. Leading innovation meets stunning magnificence. Behold, a breakthrough in High Definition, crafted in Japan. The Hitachi Ultra Thin LCD TV. Have you seen it? BCES 2008 j Golden and %fZi Innovations Technical
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  • WORLD
    • Article, Illustration
      Lock icon American retailers hope for a Black Friday rescue
      507 21 LAT-WP [NEW YORK] What is usually one of the biggest shopping days could be more bleak than black this year. Traditionally, on the day after Thanksgiving, known in the retail trade as Black Friday, stores extend their hours and offer "doorbuster" specials
      LAT-WP; AP  -  507 words
    • Article
      Lock icon BOA gets Fed nod to buy Merrill
      200 21 Bloomberg [CHARLOTTE] Bank of America has received the Federal Reserve Board's approval to buy Merrill Lynch in a combination of the largest US bank and the world's biggest brokerage. The combined firm will control deposits of US$B52 biUion, or 11.9 per cent of
      – Bloomberg  -  200 words
    • Article
      Lock icon For Las Vegas casinos, the chips are down
      592 21 Reuters Debt-laden casinos offer discounts to draw cash-strapped consumers [LOS ANGELES] Las Vegas casino operators, faced with heavy debt loads and dwindling business prospects, have begun to reshuffle their offerings to appeal to cash-strapped consumers. That will mean even thinner bottom lines
      Reuters  -  592 words
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      98 21 CERRU T I \l fIJF Congratulations to I S Sunlight Group Hldg Ltd. Company Registration No. (*****6046G) on becoming a Sponsored Company on V SGX Catalist with effect from 28 November 2008 |H| KW Capital Pte Ltd is proud to be your WXffi/St, Continuing Sponsor T TI YTTI? V l??-?jf?!.^j^!i3
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Chile, S'pore agree on many issues: PM Lee
      530 22  -  LEE U-WEN He cites views on importance of free trade, maintaining an open economy SEPARATED by the Pacific Ocean and a long-haul flight of well over 24 hours, one could be forgiven for thinking that Singapore and Chile had barely anything in
      /THE STRAITS TIMES  -  530 words
    • Article
      Lock icon ÜBS uncovers some tax fraud cases
      598 22 Reuters, Bloomberg Kurer: bank-client confidentiality not to protect fraud [LUCERNE, Switzerland] Swiss bank ÜBS, at the centre of a high-profile US investigation into offshore services that it offered to wealthy Americans, said yesterday that it had uncovered a "limited number" of tax fraud cases.
      Reuters,; Bloomberg  -  598 words
    • Article
      Lock icon Panasonic slashes its profit forecast by 90%
      226 22 Reuters [TOKYO] Panasonic Corp slashed its annual net profit forecast by 90 per cent and announced plans to restructure, as the global financial crisis begins to hurt top Japanese electronics makers. Panasonic, the world's No 1 plasma TV maker, said that it would
      Reuters  -  226 words
    • Article
      Lock icon Buffett's financial picks paying off for Berkshire
      670 22 Bloomberg [NEW YORK] Billionaire Warren Buffett's decision to increase his stake in financial companies led by Wells Fargo and US Bancorp and avoid sub-prime lenders is paying off for Berkshire Hathaway Inc. Berkshire's bank-rela-ted investments rose 36 per cent in the third quarter.
      Bloomberg  -  670 words
    • Article
      Lock icon No bonuses but 'cash awards' for AIG managers
      331 22 Bloomberg [NEW YORK] American International Group (AIG), the US insurer that said on Tuesday it scrapped bonuses for top executives after a US bailout, will still pay 130 managers "cash awards" to stay with the firm, including US$3 million to retirement services
      Bloomberg  -  331 words
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  • Jewellery For Eternity
    • Article
      Lock icon Shake-up in the diamond industry
      1024 23 cheah ui-hooim finds out how the current financial turmoil is affecting the market and what opportunities there are for investors THE volatile global economy is creating a perfect storm for the diamond industry but that's a good thing for the market, declares Martin Rapaport, founder
      1,024 words
    • Article, Illustration
      Lock icon A maverick and market creator
      209 23 MARTIN Rapaport has been called a maverick in the industry because of what he does which is to try to bring transparency to the diamond market. He founded the world's largest diamond trading network, Rap Net, in New York City in 1978. Rap Net carries
      209 words
    • Article, Illustration
      Lock icon It's all in the cut and colour
      947 24 cheah ui-hooim finds out what some brands are doing to stand out from the others DIAMONDS are forever, or so the marketing people will have us believe. It tells us that diamonds aren't just carbon rocks. The idea behind them, and what they
      947 words
    • Article, Illustration
      Lock icon Architectural gems
      433 26 cheah ui-hooim marvels at jewellery that take its cue from iconic buildings around the world ANCIENT cultures have long inspired modern jewellery design, but now modern architecture is the latest muse. Perhaps since Tiffany Co got renowned architect Frank Gehry to design a range of sculpturally wavy jewellery,
      433 words
    • Article, Illustration
      Lock icon Allure of the exotic spinel
      491 26  -  CHEAH UI-HOON RUBIES and sapphires we know, but spinels, spessartites and alexandrites? In recent years, more "exotic" gemstones have surfaced at private jewellers and upmarket jewellery stores like Tiffany Co their very rarity adding to their allure, according to Goh Shuet Li, owner of LaPutri.
      491 words
    • Classics for the season
      • Article, Illustration
        Lock icon Metal mix
        101 28 If you like your white gold but want to keep up with the trend which has now reverted back to the warm tones of yellow gold, then go for a mix and match piece. White can be matched with yellow or rose gold, especially when shaped into circles
        101 words
      • Article, Illustration
        Lock icon Christmas chic
        62 28 For the Christmas season, you can't go wrong with sparkle and effervescence. The elegant snowflake is timeless, but if you want something edgier, go for the snowy glitter of diamonds. (From left) Poh Heng's white gold earrings are $12,215, On Cheong's diamond earrings set in 18k white gold
        62 words
      • Article, Illustration
        Lock icon Black and white
        76 28 Black and white are evergreen colours that never go out of season. It's one of the key colours for Spring 2009 and designers are taking it a few ways. Cartier, for example, is giving black and white a geometric vocabulary (right) while there are those, such as
        76 words
      • Article, Illustration
        Lock icon Cuffs and bangles
        86 28 Bracelets and bangles the bigger the better have been the latest accessory statement that looks set to carry on for a few seasons. Think chunky. A simple sheath can be turned into a stunning look with the addition of a single bracelet, such as the Bulgari bangle
        86 words
      • Article, Illustration
        Lock icon Centrepiece gems
        135 28 Shiny, polished rocks will always look great on your finger, especially when they're diamonds or, oh, something valuable like that. Think oversized even, thanks to Belgian fashion designer Martin Margiela's latest collection of oversized costume jewellery which is fast revolutionising how accessories look. On Cheong's emerald and diamond
        135 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Qantas may cut capacity further, defer plane orders
      532 29 Bloomberg Airline may have upcoming Boeing 787 deliveries delayed by 6 months [SYDNEY] Qantas Airways Ltd, Australia's largest carrier, may further cut passenger capacity or defer orders of new planes if the global recession continues to reduce demand for air travel. Planes
      Bloomberg; AFP  -  532 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2546 29 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,546 words
    • Article
      Lock icon Baltic dry index falls to 22-year low
      261 29 Reuters [LONDON] The Baltic Exchange's chief sea freight index for dry commodities trade dived to a 22-year low on Wednesday, weighed down by a collapse in demand and trade credit issues, industry sources said. The London-based index, which tracks prices to ship resources
      Reuters  -  261 words
    • Article
      Lock icon Global air traffic falls again in Oct
      219 29 -AFP lata warns recession now biggest threat to airline profitability [GENEVA] International air traffic fell for a second month running in October, the International Air Transport Association (lata) said yesterday, warning that recession now posed the biggest threat to airline profitability after a
      -AFP  -  219 words
    • Article
      Lock icon Airbus drops idea to get market loans
      462 29 Reuters [THE HAGUE] European planemaker Airbus has abandoned discreet efforts to find a market-based alternative to its government development loans, which dominate a major transatlantic trade row, a German official said on Wednesday. The planemaker, which has never publicly questioned the legitimacy of
      Reuters  -  462 words
    • Article
      Lock icon Half of commodity shipping lines seen breaching loan terms
      376 29 Bloomberg [LONDON] Half of commodity shipping lines are likely to breach loan terms in the months ahead as rental rates and vessel prices fall, according to Nordea Bank AB, the world's largest arranger of loans to the industry. Banks will use
      Bloomberg  -  376 words
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      156 29 SOUTH EAST ASIA AND SOUTH ASIA AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) Arising from the regular review of bunker prices, the following Lines in the South East Asia and South Asia Australia Trade Facilitation Agreement wish to inform the trade that with effect from 1
      156 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Time for caution – and a sober stocktaking
      499 30 Time for caution and a sober stocktaking LAST week, an important stock index plunged to pre-Asian Crisis lows. But it was not as you might have thought an index for troubled Asian bourses like those in Korea, Thailand or the Philippines. Instead, it was Wall Street's blue-chip S&P 500 index
      499 words
    • Article, Illustration
      Lock icon Hong Kong takes downturn in its stride
      1260 30  -  DON LEE LAT-WP It looks well-placed to benefit from the shift in world economic power towards the East THE jetliners serving the financial hub of Hong Kong arrive with more empty seats these days, and lately it's easier to get a table at
      LAT-WP; XINHUA  -  1,260 words
    • Article, Illustration
      Lock icon A better tomorrow demands action today
      727 30  -  BILL CLINTON THE BOTTOM LINE THE many challenges we face, from financial crisis, to health crises, to natural disasters, to global warming all have consequences that transcend material borders and make it increasingly clear that we all have a responsibility as global citizens to
      727 words
    • Article, Illustration
      Lock icon Obama does it the pragmatic way
      1606 31  -  LEON HADAR By recruiting Clinton era economists, he may be signalling that he does not plan to move towards a New New Deal SOME pundits have been drawing parallels between the coming presidency of Democrat Barack Obama and that of Franklin Delano Roosevelt who
      AP  -  1,606 words
    • Article, Illustration
      Lock icon China won't be an Obama priority
      818 31  -  FRANK CHING ALTHOUGH lead-coated Chinese toys and the US's trade deficit with the country did come up during the American presidential election campaign, it is significant that neither Democrat Barack Obama nor Republican John McCain made China a major campaign issue. This reflects the
      AP  -  818 words
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      890 31 A [GARS IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SUNNING INTERNATIONAL PTE. LTD. (In Members' Voluntary Liquidation) Reg No. *****8592E NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final Meeting of
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8830 32 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E MCap $mil 12 3 3148 8Telecom 17.5 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABR Hldgs 19.5 6 1938 AEI
      8,830 words
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      Lock icon SGX CATALIST
      561 33 52-wks Tel |h Low Code Last Sale Vol C000) Hi; Day Last Quote |h Low Buyer Seller Div GrYld C'vr Net P/E M Cap Hil Com[ 20 11.5 1181 s AAGrp 32 16 8538 s APStrategic 6 1 1501 s Advanced System 38 12.5 3518 s Afor 28.3
      561 words
    • Article
      Lock icon SGX XTRANET
      671 33 52-Wk Tel jh Low Code Last Sale Vol COOP) Day Last Quote Div GrYld Net MCap Low Buyer Seller C'vr P/E $mil Hii Comi Hii ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 385 158
      671 words
    • Article
      Lock icon CLOB INTERNATIONAL
      750 33 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      750 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8918 33 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.341/ AIGIF Spore Bond Fund/A 1.226/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.54/ APS Alpha Fund (USD)!** 0.36/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.6036/ APS Komaba Global
      8,918 words
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      34 32 %t Tyfca NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED w| B 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com
      34 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      368 34 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change NOV26 World Index Preliminary 648.3 0.2 -42.7 0.3 -42.8 0.2 -45.1 EAFE Preliminai 622.3 -0.7 -44.5 -0.7 -46.8 -0.8 -49.4 Euroi Prelim inan 878.1 -0.3
      368 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      127 34 As at 9am Nov27 Singapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 0.9760 1.0180 dollar 1.2230 1.2380 luro 1.9390 1.9620 IZ dollar 0.8280 0.8460 iterlini 2.3050 2.3320 )S dollar 1.5030 1.5200 .ocal dollars to 100 units rf foreign currency: Currencies Bid
      127 words
    • Article
      Lock icon INTERBANK RATES
      155 34 Woi/27 fer Xierniqht -month -months l-months Overnight mode: 3/8 JS$ 3/8 11/16 3/4 13/16 Offer 1/4 7/16 1/2 9/16 Bid 1 days I month I months months d months months I I. (All 1.10 2.20 2.70 2.80 3.10 3.20 3.40 Offer 0.60 1.70 2.20 2.30 2.60 2.70 2.90
      155 words
    • Article
      Lock icon STOCK INDEX FUTURES
      21 34 Nov27 STI IIMSCI Dec 212.6 213.0 208.9 "aiwan Dec 164.6 170.4 167.5 Source: MF Global (S) He. Ltd
      21 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      18 34 Woi/27 Bid Offer -month 1.5103 1.5122 months 1.5079 1.5101 months 1.5057 1.5080 >-months 1.5000 1.5027
      18 words
    • Article
      Lock icon PALM OIL
      59 34 Nov27 lelivery lonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position }ecO8 1570 Ian 09 1582 :eb09 1581 Vlar 09 1615 FotaI o/p: ***** contracts 1650 1658 1570 722 3347 1658 1662 1582 1352 ***** 1660 1666 1573 5860 ***** 1670 1670 1596 2399
      59 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      317 34 Woi/27 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES DecO8 MarO9 JunO9 SepO9 97.9125 98.1050 98.0750 98.0050 6632 ***** 4466 3687 EUROYEN TIBOR FUTURES DecO8 99.170 99.170 MarO9 99.205 99.205 JunO9 99.275 99.275 SepO9 DecO9 Mar10 Jun10 Sep10 99.105 99.175 99.275 99.105 99.190 99.270 99.305 99.305 99.195
      317 words
    • Article
      Lock icon SICOM FUTURES
      170 34 Nov27 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) Dec 08 135.5 Ian 09 =eb 09 VlarO9 139.0 <\prO9 142.0 VlayO9 142.0 133.5 139.0 141.0 141.0 134.0 137.1 138.0 139.5 142.0 142.0 290 10 10 18 60 60 382
      170 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      91 34 Nov27 "REASURY BILLS 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low 1-Month BQ*****E 26.02.09 -Year BY*****V 02.11.09 0.62 0.74 0.50 0.40 0.40 3OVERNMENT BONDS 'eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year NX*****T 4.625 i-Year NX*****Z 2.250 '-Year N*****0S 2.875 0-Year NY*****A
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    • Article
      Lock icon CHICAGO BOT
      102 34 Nov26 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Ian 09 886.00 883.00 899.00 882.00 Mar 09 894.00 891.50 906.75 889.50 May 09 903.75 900.50 915.00 903.00 Jul 09 913.00 910.00 926.00 910.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 32.50 32.24 32.87 32.42 Ian
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      72 34 CRUDE OIL PRODUCTS Nov26 :RUDE (FOB origin) IS$/barrel Close Cham Srent blend (1-Mth F) 52.48 1.84 WTI (Near Mth) 54.19 3.26 iubai (1-Mth F) 47.48 -0.13 "apis blend 54.15 -0.55 i/linas 52.10 -0.10 >RODUCT JS$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 30.90 S9.30 0.50 -2.20 US$/barrel )pec Oil Basket
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    • Article
      Lock icon INTERBANK CROSS RATES
      445 34 Nov27 iuro 'en (on 'eso lam 'ouni Australia 0.799 4.445 0.505 5.047 31.980 79.729 0.619 9.609 2.358 1.190 51.336 31.778 0.984 6.476 0.782 21.672 23.004 0.424 0.651 Canada 1.251 5.560 0.631 6.313 40.006 99.739 0.775 12.021 2.949 1.489 64.220 39.753 1.231 8.101 0.978 27.112 28.778 0.531 0.814
      445 words
    • Article
      Lock icon SIBOR
      69 34 Woi/27 (US$) (SS) 1.***** 0.***** mth mths 2.***** 0.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** mths 2.***** 0.***** mths mths 2 mths 2.***** 2.***** 2.***** 0.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.*****
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      153 34 Nov27 Against SS lurrencies Bid Offer Against US$ Bid Offer >$IUS$ to one unit of foreign currency: Australian dollar 0.9834 0.9852 0.6506 0.6511 'anadian dollar 1.2304 1.2323 0.8140 0.8144 iuro 1.9489 1.9517 1.2894 1.2898 IZ dollar 0.8260 0.8279 0.5465 0.5471 jterlini ind 2.3192 2.3225 1.5344 1.5348 IS
      153 words
    • Article
      Lock icon PRECIOUS METALS
      137 34 A/oi/27 iOLD (USS/oz) Nov26 Nov27 GOLD BULLION COINS Hong Kong 812.80 812.50 813.80 813.50 Nov2S Nov26 809.50 813.10 M Sellim Bui rim .ondon 1 oz 1363.18 1226 UBS GOLD LUNAR KINEBAR (SS) Selling Buying Source: Thomson Reuters 10gm SILVER $478.29 Selling Bui 392 ifing CAST BAR (S$) Nov
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    • Article
      Lock icon LONDON METALS
      70 34 Wo 1/26 Co iri iiuiii, yy.i (US$/tonne) Close Previous Cash 1752.80 3 months 1800.00 1762.00 1810.00 Copper, Grade A (US$/tonne) Cash 3 months 3723.50 3755.00 3664.50 3695.00 Lead (US$/tonne) Cash 3 months 1173.00 1186.00 1176.00 1190.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
    • Article
      Lock icon LIFFE
      71 34 Wo 1/26 COCOA (£/tonne) Close Prev Hii ih/Low Dec 08 1590 1540 1590/1521 Mar 09 1480 1431 1499/1422 May 09 1475 1425 1487/1416 Jul 09 1478 1426 1490/1421 COFFEE (US$/tonne) Close Pev High/Low Nov08 1952 1890 1952/1909 Jan 09 1967 1910 1974/1894 SUGAR (US tonne) White Close Prev High/Low
      71 words
    • Article
      Lock icon BONDS & WARRANTS
      2872 34 BONDS WARRANTS Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left >058AdvanceModulesGrpW*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 3092 Asia Environment W*****4 6.5 1481 Asia Water Tech Ltd W*****0 ..18.5 5816 #Asiasons Capital Ltd W*****7 4 !756# Asiatic Grp(H) Ltd W*****2 9.5 !105#AsiatravelW*****7 3.5
      2,872 words
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      2413 35 m The Business Times afl B^^l BTCT^ffllßlffffffTOlffßffffiß F WAN HAI INTERNATIONAL PTE LTD CRN0:N*****0000/R V^^Z .A ▼^i IE IJtMgIMUBBBJbBkBwISWB BBrbBI \"Z ■■■an ■■>■ TEL: *****588 (14 LINES) FAX: *****163 BL~"1 W V^^vTir7^?S B^M Bg2fil2 SMEXsGBZ \AMNWAN HAI INFX Cusloinei Servi« e /B»ol<ings Dii«l Line (1800) 6226)200 B^^^ A A |M^
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      3277 36 RICKMERS-LINIE »-h «h,, .-vh. 1 \Wjr\ EASTERN CAR LINER, LTD IFS I uSe!" 0"'6'""7"16"7506 COnVen"Ong' WebS"e: ~Htkmer^- jf-""-J spec.al.ze in RORO heavy uft UPTO 450 T SFJTI WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov I SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB
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      5886 37 P^3l H Rl H H l^~ ANDERSEN "*11!?L f£;SIJ I Ywjm GLORY MAVIfiATIIIIU fSßflHpl B'M|9 ISM H&fl l^fl shipping company/ 70 Shentoii Way, #21 -03 Marina House Singapore *****8 Vi^m ULI»11 lIHWIUHI lUH UllUUr wM**Wl HW ffiffl MM WM BM| NORTH WEST EXPRESS LINE *B,H*L-tSS.^f WM^ Mj»j«l MONTHLY SERVICE TO
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  • executive lifeStyle
    • Article, Illustration
      Lock icon Giving a song and dance
      1457 38 Clubs are responding to the growing demands of partygoers by setting up a multitude of concepts under their roofs, but are clubbers willing to pay for these improved experiences and sustain the industry in the long run? AUDREY PHOON reports S MUSIC no longer enough
      ARTHUR LEE  -  1,457 words
  • Page 38 Miscellaneous
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  • CINEMA
    • Article, Illustration
      Lock icon Familiar tale told with offbeat charm
      621 39 Singapore filmmakers could take a page or two from Cape No 7, says GEOFFREY EU TALES of disaffected youth, starring brooding loners at odds with family and society, are nothing new to cinema, and variations on the theme have been playing with mixed results
      621 words
    • Article, Illustration
      Lock icon Virtual unknown tastes box-office success
      535 39  -  GEOFFREY EU THE incredible success of Cape No 7 earlier this year has turned Taiwanese director Wei Te-sheng a virtual unknown with several short films and an unreleased feature to his credit into his country's filmmaker of the year. His low-budget, multi-layered, feel-good romance, about
      GEOFFREY EU  -  535 words
    • Article, Illustration
      Lock icon Too much of the same old, same old
      513 39  -  CHEAH UI-HOON MALAYSIAN filmmaker Yasmin Ahmad has taken the adage, "if it ain't broke, don't fix it", too much to heart. While her style of filmmaking has a certain charm and cultural honesty to it, five movies on, it's time to see
      513 words
    • Article, Illustration
      Lock icon Embarrassing and unbearable
      460 39  -  AMANDA DE GUZMAN By IN Four Christmases, Vince Vaughn and Reese Witherspoon are paired up as an ostensibly "modern" couple of the new generation: Brad and Kate don't want to get married, or have kids, and want to spend as little time with their extended family as
      460 words
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      551 39 fj+^ R Charge your overseas purchases to your DBS Platinum Credit Card from V A 1 Jt' 3D HOIIQ KOIIC| Charge a minimum Of now till 31 Dec 08 and stand to win the Best Seats In Town! W^ m M iH^^^^'^Vtftf I^Pv FrB© Easy 552,000 to your DBS Platinum
      551 words
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  • ENTERTAINMENT
    • Article, Illustration
      Lock icon Promising eco-movie that loses steam
      589 40 CINEMA City of Ember devolves into something that resembles a video game or amusement park ride, says AMANDA DE GUZMAN THE premise of City of Ember is becoming quite the trend this year. The story takes place in a self-suffi-cient, artificial city built centuries ago
      589 words
    • Article, Illustration
      Lock icon Great study in group dynamics and hysteria
      377 40  -  CHRISTOPHER LIM DVD REVIEW THE best reason to buy a DVD of a horror movie is to watch it at home in the dark; to scare yourself silly in the way only perfect privacy and the absence of ringing phones and coughing enables.
      377 words
    • Article, Illustration
      Lock icon New Guns N' Roses album worth the wait
      657 40  -  CHRISTOPHER LIM CD REVIEW Chinese Democracy Guns N' Roses Geffen Rating: A Take It To The Limit Hinder Universal Rating: C+ A Hundred Million Suns Snow Patrol Polydor Rating: B+ Off With Their Heads Kaiser Chiefs B-Unique Rating: B- THE phrase "pigs
      657 words
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      68 40 TcIOICU TUNE IN TO THE HEARTBEAT OF THE INDIAN COMMUNITY RIIEIOON 5 DivuCiijl nil a J■.. CHRIS BROWN TILL NOW! Pick up your FREE copy at Mustafa, \JMI I Aarf A m^J^ Sarayanaa Bhavan, White Water Cafe, a3s£MS«SdStat EIADSO 1100% pure fun Annalakshmi and SIFAS. &^k /dM £Klk V 18
      68 words
  • Page 40 Miscellaneous
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      259 40 CRYPTIC CROSSWORD ACROSS H H^ 7 Frenzied comedian's crazy I j I j i 9 Journalist tired out covering 11 Forged iron-coated medal j I j 14 Poets are stirred to produce j I ill' works (8) H_^H_H I /r-\ I I I I I ence yo) 17 America gets
      259 words
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  • WINE
    • Article, Illustration
      Lock icon Bordeaux for sub-prime budgets
      1099 41 From the scarce to the distinguished to the best buy, N X YONG looks at some inexpensive Mouiex Pomerols the wines that suit all tastes I OR less adventurous folks who prefer good old familiar Bordeaux but at sub-prime prices, here are some more Mouiex wines
      1,099 words
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      515 41 |M v a v k Hot chicks in 12 tailored dressings! I This Yuletide, we've tailored our popular flavoured turkeys to Parkroyai on Parkroyai on U__ .ill— JiuJ /1553^*****?C\ tantalize every taste bud with 12 unique dressings ranging from Beach Road Kitchener Road 1 1 IfCIT/nfiWmfwiffl I traditional Cranberry and
      515 words
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  • ARTS
    • Article, Illustration
      Lock icon Fusion of abstract art and technology
      962 42 Singapore Art Museum's new exhibition showcases highlights from the Daimler Art Collection, featuring 150 works bought by the carmaker, reports CLARISSA TAN THERE are squares, lots of them. And cubes, triangles and other strong geometric shapes, mostly in primary colours, that depict on the
      962 words
    • Article, Illustration
      Lock icon Celebrating life in the eyes of death
      413 42 DEALING with loss through laughter. That is what Toy Factory's First Light offers in this moving celebration of life in the eyes of death. Seven deceased Singaporeans are trapped in limbo before the afterlife, unable to move on to the next stage until
      413 words
    • Article, Illustration
      Lock icon An exhibition of everyday art
      611 42  -  AMANDA DE GUZMAN HIROO Iwata is conservatively dressed and clean-cut, exactly what you would imagine an engineer to look like. His extensive academic experience on his resume further convinces anyone of his occupation, having graduated from the Department of Mechanical Engineering at the University of
      611 words
    • AROUNDTOWN
      • Article, Illustration
        Lock icon Synchronised visual spectacle
        170 42 BEGINNING as a duo in Germany's late 60s experimental music scene, Kraftwerk turned into a notoriously reclusive synth-pop quartet in the mid-70s. Today, they are both an institution and an enigma. The group that once expressed an intention to "make music that sounded like Germany" has had
        170 words
      • Article
        Lock icon Celebrating first-time filmmakers
        225 42 THE Asian Festival of Ist Films (AFFF), the world's only film and documentary festival celebrating first-time filmmakers, is back for the fourth year. Launched in Singapore in 2005, AFFF recognises the talent and potential present in the film industry, and provides first-time directors, producers, actors, cinematographers, editors
        225 words
      • Article
        Lock icon Uncovering structures of understanding
        84 42 JOIN artist and lecturer Hazel Lim in uncovering new structures of understanding encoded within colours, narratives, periodic tables and paper-folding. The artist will be giving a talk accompanied by an interactive workshop, which asks you to participate in an investigation on the unfamiliar links between text,
        84 words
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  • PURSUITS
    • Article, Illustration
      Lock icon Gearing up for 3D movies
      1202 43 MEDIA CHRISTOPHER LIM reports on what cinema operators, and the media industry, here are doing as the technology becomes more widespread MOST of us see the world in three dimensions but the obviousness of that perspective hasn't translated into media outside of sculpture and architecture.
      1,202 words
    • Article, Illustration
      Lock icon Latest Japanese RPG is a mixed bag
      506 43  -  CHRISTOPHER LIM GAMING JAPANESE game company Square Enix has kept the world waiting so long for the latest instalment in its incredibly popular Final Fantasy series that everyone seems eager to lap up anything it releases in the interim. But Infinite Undiscovery, exclusive
      506 words
    • Article, Illustration
      Lock icon Back again, and bringing a friend
      465 43  -  AMANDA DE GUZMAN PROFILE WHILE most guys usually take girls out to dinner and a movie, global indie pop sensation Jens Lekman takes them to a different continent. "I was on a date the last time I was here," says the Swedish musician. "I
      465 words
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      48 44 [ffin We owe our gratitude to all concerned for the faithful Jk^, support that has enabled our five years of achievements and the additional opportunity to contribute to society in our own M—» 3 U way. Thanks to all of you for our sth Anniversary. rJ^.A B^ffH tiffl
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