The Business Times, 29 November 2008

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 49
1 49 The Business Times
  • 14 1 weekend THE BUSINESS TIMES NOV 29-30, 2008 Ssl.oo mFf^f-i SPH PUBLICATION MICA(P) 198/08/2008 www.businesstimes.com.sg
    14 words
  • 655 1  -  Siow Li Sen Households and corporates face the storm with strong balance sheets By lisen@sph.com.sg Singapore AS Singapore's economy enters a turbulent phase, it is time for some stock-taking. Households here can look with some pride at the state of their assets. They stood at
    ST PHOTO  -  655 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 141 1 MP 3Pf\i pUF^^Kk- MOTORING the R2\ffles conversation tehhooiling Hi rMfl Wsssgs'.-^ Hot hatch heaven MERCER CEO Of black swans and \<jjjjpe^^^^^ |r -the Audi S3 L18 MICHELE BURNS 110-11 venture capital 33 SINGAPOREAN TRAGEDY Woman hostage killed in Mumbai LO Hoei Yen, 28, was found dead by Indian security forces
      141 words

  • TOP STORIES
    • MARKETS
      • 45 2 KL COMP 866.14 -3.84 NIKKEI 225 8,512.27 +138.88 HANG SENG 13,888.24 +336.18 SET 401.84 +12.03 JAKARTA 1,241.54 +39.47 MANILA 1,971.57 +4.56 KOSPI 1,076.07 +12.59 SHENZHEN B 250.78 -2.29 MUMBAI IND 9,092.72 +66.00 llnm EDT Chancre* Him EDT Change DOW 8,715.30 -11.31 NASDAQ 1,515.56 -16.54
        45 words
      • 30 2 SINGAPORE 5,38 MALAYSIA 6,72 HONG KONG 5,00 INDONESIA 16,447 TAIWAN 6,316 JAPAN 1,675 KOREA 9,33 BRITAIN 3^oo US 4,00 CANADA 4,00 SWITZERLAND 2,02 INDIA 13,00 -Source: I Bloomberg
        Bloomberg  -  30 words
      • 45 2 us$ s$ US$' 1.50: ;us$/ 1.543 2.32^ EURO ;us$/ 1.294 1.951 Foreign currency per US$, S$ YEN 95.30 63.20 RM 3.624 2.403 HK$ 7.751 5.140 BAHT 35.50 23.54 RUPIAH 12,175 8,074 RENMINBI 6.833 4.531 INDIAN RUPEE 49.96 33.13 A$ 1.517 1.006 NZ$ 1.808 1.199
        45 words
    • 574 2  -  Conrad Tan No Singaporeans remain stranded in Mumbai as at yesterday, says MFA Singapore THE Singaporean woman held hostage in Mumbai has been killed. Lo Hoei Yen, 28, was confirmed dead at 9.35 pm last night, Ministry of Foreign Affairs (MFA) spokesman Jai Sohan told reporters. Reports
      AFP  -  574 words
    • 507 4  -  Siow Li Sen MAS does not expect sliding real estate market to affect lenders as their loan portfolios are generally well diversified Singapore EVER since the market gathered steam in 2005, property-related loans have grown steadily. In fact, they were the key drivers
      507 words
    • 574 4  -  Conrad Tan Singapore BANKS and insurers here are well-capitalised and will remain sound even if bad loans reach levels last seen during the Asian financial crisis a decade ago, the Monetary Authority of Singapore said yesterday. "Our assessment is that the banking and insurance
      FILE PHOTO  -  574 words
    • 246 4 THE Monetary Authority of Singapore (MAS) took various steps in recent months to maintain calm in interbank markets here as money markets worldwide strained to cope with the unfolding financial crisis. It injected extra funds into Singapore's banking system at the end of September after Lehman
      246 words
    • 592 5  -  Chew Xiang Singapore OCBC Bank sued doc-tor-turned-investor Anthony Soh in the High Court yesterday for allegedly misleading the bank into acting for him in his aborted attempt to buy over listed Jade Technologies in March this year. The bank was Dr Soh's financial adviser
      592 words
    • 759 5  -  Lee U-Wen Recovery will not depend on its own measures but state of US economy Santiago, Chile SINGAPORE is likely to face several several years of slow growth after the current recession, Prime Minister Lee Hsien Loong said yesterday. Painting this
      THE STRAITS TIMES  -  759 words
    • 590 6 Reuters, AP, AFP More than 120 people have been killed and 284 injured so far; dead include 22 foreigners Mumbai A FRESH battle raged at the luxury Taj Mahal hotel yesterday as commandos fired grenades at that Mumbai landmark while other forces ended a
      Reuters, AP, AFP  -  590 words
    • 878 6  -  Uma Shankari Singapore A WHOPPING $12.4 billion was erased from the market capitalisation of companies listed on the Singapore Exchange (SGX) in November after a gloomy October in which $123.5 billion was cut from their value. The combined market cap of
      878 words
    • 605 8  -  Anthony Rowley News triggers fears that it could lead to a surge in unemployment, more problems in banking Tokyo JAPAN'S industrial production plunged in October at a rate that shocked economists and set alarm bells ringing about prospects for the world's second-lar-gest economy,
      605 words
    • 583 8 ters, AFP Rev- Bangkok THAI Prime Minister Somchai Wongsawat sacked his national police chief yesterday, fuelling speculation that the government is preparing to crackdown on protesters besieging Bangkok's Suvarnabhumi and Don Muang airports. General Patcharawat Wongsuwan, who was moved to an
      ters, AFP; Rev-; AP  -  583 words
    • 220 8 TWO Singapore Airline (SIA) flights have been each scheduled to fly today and tomorrow from Thailand's U-Tapao International Airport to Singapore due to the closure of Suvarnabhumi Airport, the national carrier said yesterday. The two flights a day are planned to depart U-Tapao at
      220 words
  • Page 2 Advertisements
    • 44 2 Dalvey Nassim E IE£SM(fcaIrtLiJ^UJSS»H Neighbourhood =i^^^»i+t^s Elevated land with great geomancy 3 mins to Orchard Newton MRT Stations Close proximity to top schools ACS, RGS, SCGS, etc. Total 12 units on land area of 55,000 sqft. Huge en bloc potential (Est Ssl2 million) ff^SflffiTTO^^
      44 words
  • Page 2 Miscellaneous
    • 54 2 NEWS LIVING Top stories 2-8 Travel L 2-3 Week In Review 9 Dining L 4-6 Raffles Conversation TO Entertaining L 7 Perspective 28-29 shopping LB^9 Stocks stats 23-27 Home Garden LI2-T3 Wealth 30-3 T Hearth LT4-T5 Wealth insights 32 Sport LI 6 Show Me The Money 33 Golf Ll7 Househunt
      54 words

  • Page 3 Advertisements
    • 136 3 Angel Lovei-Tj Lover Figunne^k Jj^^^^antaßgurin^ IU IP n^. 1 ft yUwfaanta FigMfiin^ ijr I tIT *j fj nf i if; aM?tw t Weekend Special: 29 30 November, 30% off furniture items* /15% off storewide Festive Special: 1 31 December, 10% off storewide Great World City #01-35/36 Tel: 6737 8858 Tanglin
      136 words


  • Page 5 Advertisements
    • 104 5 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




  • WEEK IN REVIEW/WEEK AHEAD
    • THIS WEEK
      • 57 9 LEADERS from the Asia-Pacific and the Americas have vowed not to impose any trade or investment barriers over the next 12 months at least, regardless of how severe the global financial crisis becomes. "We are convinced that we can overcome this
        57 words
      • 56 9 SINGAPORE investors sold a net U5510.33 billion worth of US stocks in the July-September quarter (Q3). Not only was it the biggest sell-off by foreign investors during that quarter, but the bulk of the sales happened before Sept 15 when Lehman crashed,
        56 words
      • 64 9 US federal regulators have approved a radical plan to stabilise Citigroup, in a complex arrangement in which the government could soak up tens of billions of dollars in losses at the struggling bank. The plan calls for the government to back about
        64 words
      • 57 9 STANDARD Chartered Bank is tapping shareholders for a £1.8 billion (Ss4.l billion) rights issue and largest shareholder Temasek Hold- ings potentially gets two bites of the cherry. Not only will it take up its 19 per cent entitlement of the deeply discounted rights issue, but
        57 words
      • 51 9 MINISTERS and senior officials, who have a sizable chunk of their salaries linked to the performance of Singapore's gross domestic product, will see their annual pay fall by up to 19 per cent next year as the economy heads into rough
        51 words
      • 75 9 THE US central bank threw a massive life-line to consumers and the financial system on Tuesday with two programmes aimed at injecting liquidity and making it easier for consumers to get loans. It will buy up to US$lOO billion of debt issued by
        75 words
      • 57 9 FLIGHT operations at Thailand's main international airport were disrupted last night after hundreds of anti-government protesters stormed the terminal building. Members of the People's Alliance for Democracy (PAD) broke through police lines and began roaming through the new, sprawl- ing US$4 billion Suvarnabhumi international
        57 words
      • 44 9 FOR the past year, banks here have been writing off billions of dollars in assets. But as the severity of the crisis becomes ever clearer, other companies too are being forced to take hefty paper cuts to their financial assets.
        44 words
      • 57 9 THAILAND'S Cabinet will hold an emergency meeting to discuss "measures" against protesters who have broken the law, Prime Minister Somchai Wongsawat said in a national television address on Wednesday night. He also refused to heed an army call for him to
        57 words
      • 62 9 INDIA'S financial markets were shut on Thursday for the first time in more than three years after brazen terrorist attacks killed over 100 people and hurt hundreds more in Mumbai. Shares of big companies listed here with Indian operations slumped, dragging the Straits Times Index
        62 words
      • 40 9 MANY Reits are working to shore up confidence in their credit positions. Property acquisitions are virtually off the table while industry watchers are divided on whether consolidation within the sector is on the cards.
        40 words
  • Page 9 Advertisements
  • Page 9 Miscellaneous
    • 297 9 CRYPTIC CROSSWORD ACROSS n —l y> —I —[3 —I U —I —[5 —I MM c< —17 —I I* —I 1 Side by side in a Brittany should include America's I I 18 Powerless to imprison foremost vegetable (3,7) ten' that's indefensible 6 Belonging to the saucy __^l__^l__^B__^l__^l__^l__^l__ (9) Rebecca's son
      297 words
    • 82 9 NEXT WEEK Dec 1 -5, 2008 US DATA Dec T Oct construction spending Nov ISM index Dec 2 Nov auto sales Nov truck sales Dec 3 Nov ADP employment Q3 productivity revised Nov ISM services PM Fed's Beige Book Dec 4 Initial job claims Oct factory orders Dec 5 Unemployment
      82 words

  • THE RAFFLES CONVERSATION
    • 2332 10  -  Anna Teo Mercer chairman and CEO Michele Burns has pulled several firms through crises She wants to optimise labour's role in the economic equation. By THE adage about seizing opportunities in a crisis couldn't ring more true for Mercer or its chairman and CEO, Michele Burns. In
      YEN MENG JIIN  -  2,332 words
    • 76 10 Raffles Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. A collection of luxury hotels, Raffles Hotels and Resorts distinguishes itself through the highest standards of hospitality, service and cuisine. Its hotels in Singapore, Beijing, Cambodia, Beverly Hills, Dubai and the Caribbean
      76 words

  • COMPANIES
    • 504 11  -  Chew Xiang Keppel's $1.2b of contract reviews spark rush of analyst downgrades in industry SHARES in Keppel Corp, Sembcorp Industries and Sembcorp Marine plummeted yesterday on news from Keppel that some customers are reviewing their options for contract orders worth $1.2 billion placed with its offshore
      504 words
    • 363 11  -  Kalpana Rashiwala CITY Developments' Lon-don-listed hotel subsidiary, Millennium Copthorne Hotels (M&C), announced yesterday that the agreement for the disposal of Millennium Seoul Hilton to Kangho AMC Co has been terminated with immediate effect. The buyer was unable to finalise its financing arrangements by the
      FILE PHOTO  -  363 words
    • 397 11  -  S Jayasankaran ANALYSTS have applauded plantation and property company 101 Corporation's decision to walk away from a RM756 million (Ss3l6 million) purchase of a building in Kuala Lumpur. Even so, the firm was re-rated downwards by Fitch Ratings for wholly different reasons. On
      397 words
    • 790 12  -  Jamie Lee SECTOR IN FOCUS Broking firms appear sturdier, years after the last consolidation and with the market downturn, they are not in the mood for a tryst. THE broking industry went through a period of consolidation some five to eight years ago,
      BLOOMBERG  -  790 words
    • 555 13  -  R Sivanithy STOCKS A WEEK spent anticipating how Wall Street might perform later each day as well as wondering what Citigroup's fate might be. These in a nutshell are the major themes of the week just past, the other being that prices here
      555 words
    • 115 13 Solden 281,224 22.5 2.5 12.5 loble Grr 49,475 99.5 6.0 6.4 Indoy 45,376 46.5 3.5 8.1 liddleEastD 44,010 2.5 -0.5 -16.7 ~osco Cor 39,099 71 -0.5 -0.7 iirij jlel 34,009 255 3.0 12 >embMar 30,168 160 -17.0 -9.6 Cor. 27,183 420 -60.0 -12.5 'an lord 25,294 60.5
      115 words
    • 54 13 CLOSE UP UOB 1318 38.0 3.0 IBS Gri 940 33.0 3.6 MS India 10US$ 699 31.7 3.1 Jardine C&C 1046 28.0 2.8 JMH 1780 27.1 1.0 China H 10US$ 950 25.6 1.8 HK Land 240 22.6 6.7 DBSBk6%NCPS 10 9300 20.0 0.2 OCBC Bk 5.1%NCPS 100 9010 20.0
      54 words
    • 47 13 BY CENTS CLOSEDOWN >el Con 420 -60.0 -12.5 GLD 10US$ 8000 -45.2 -0.4 JembCon Ind 220 -22.0 -9.1 SembMar 160 -17.0 -9.6 law Par Con 337 -12.0 -3.4 IBLeCW09 17 -8.0 -32.0 SPAusnet 102 -8.0 -7.3 SPC 211 -8.0 -3.7 UOB RBePW*****3 66 -7.5 -10.2
      47 words
    • 100 13 :apitaLand 2.770 +0.030 iitaMall 1.700 +0.040 'Dev 5.780 +0.180 ]osco Corp 0.710 -0.005 IBS Gn 9.400 +0.330 :&N 2.840 -0.020 ient Intl 0.395 +0.010 iolden Ai ;ri 0.225 +0.025 IK Land 2.400 +0.150 IMH 17.800 +0.180 ISH 9.580 lardine C&C 10.460 +0.280 lei Con 4.200 -0.600 Land 1.370
      100 words
    • 336 13  -  Nisha Ramchandani ONLINE travel service provider Asiatravel.com Holdings reported a 22 per cent growth in net profit to $5.5 million for the full year ended Sept 30, while revenue also jumped 22 per cent to $85.7 million. For the second half of FYOB, the
      336 words
    • 499 13  -  Lynette Khoo INVESTORS should not 'lock in' their losses in equities as they could miss out on the upside that could take place over the next 12 months, said the head of equities at Henderson Global Investors. Bill McQuaker said that he expects global equities
      499 words
    • 251 14  -  Jonathan Gan Contributing factors include higher revenue and disposal gains SHIPPING group Marco Polo Marine, which was listed in November last year, yesterday reported a 33 per cent jump in net profit to $11.1 million for its full year ended Sept 30. Full-year
      251 words
    • Business briefing
      • 57 14 PNE Micron Holdings swung to a net profit of $88,000 for the full year ended Sept 30 from a net loss of $1.1 million for the preceding year, which included net losses of $2.4 million from discontinued operations. Revenue grew 1.6 per cent
        57 words
      • 66 14 BAN Joo Co said that its net loss for the year ended Sept 30 sank to $17.40 million, from a net loss of $15.05 million for the 15 months ended Septem- ber 30, 2007. Revenue took a hit, falling to $14.52
        66 words
      • 63 14 OCBC has announced the opening of five new Sunday banking branches in key residential areas to meet strong demand and to bring more fami-ly-centric services to customers. This brings the number of full-service Sunday banking branches to 15. The five new ones are
        63 words

  • Page 12 Advertisements
    • 811 12 w A MATS CYB::: R VILLAGE CYBER VILLAGE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number *****0075E) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Cyber Village Holdings Limited (the "Company") will be held at NUSS Suntec City Guild House,
      811 words


  • Page 14 Advertisements
    • 1099 14 _L^| V^/ A. _I-^^> 1 j kj Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg rr ASE TEST LIMITED rIVTIUX™ (the"CompanyT -*-*Jr (Incorporated in Singapore) HYFLUX WATER TRUST '^^^t™ (a business trust constituted on 16 November 2007 under the laws of Singapore) ncn»rnrmwuii« (Registration Number: *****07) NOTICE IS HEREBY GIVEN pursuant to
      1,099 words

  • SINGAPORE
    • 423 15  -  Kalpana Rashiwala But market watchers say that like the Bukit Chermin site, it is not likely to be triggered anytime soon FOR the second day running, the Urban Redevelopment Authority has made available for application a reserve list site in an attractive location,
      423 words
    • 416 15  -  Lynette Khoo KATOEN Natie is spending some $60 million in its third phase of expansion, taking its total investments here to $150 million and creating a further 300 jobs within the next three years. The Belgian firm, currently employing some 350 people, has
      416 words
    • 249 15 THE Environment and Water Industry Development Council (EWI) has awarded $17 million in research funds to 13 projects which aim to develop new technologies for treating used and raw water. The projects were selected through the EWl's Directed Requests for Proposal (RFP) launched in
      249 words
    • 217 15 IE Singapore and China's Nanjing government yesterday signed a memorandum of understanding to conduct feasibility studies on a proposed eco high-tech city in Nanjing. Commercially led by Yanlord Land Group, Surbana Corporation and Sembcorp Industries, the proposed three to five sq km development is
      217 words
    • 446 16  -  Teh Shi Ning The higher figure reflects more cautious hiring sentiment amid the economic slowdown, says the Ministry of Manpower SINGAPORE'S resident unemployment rate has risen from 2.4 per cent last December to 3.1 per cent in June and an estimated 3.3
      446 words
    • 366 16  -  Nisha Ramchandani TIGER Airways will deploy the Airbus 320 it took control of this month on the Singapore-Kuala Lumpur route come Dec 1 when the route is liberalised, allowing the carrier to bump up flights to five times daily from once a day
      366 words
    • 270 16 SINGAPORE has concluded two separate Open Skies Agreements (OSAs), one each with Romania and Zambia, to allow full flexibility on air services. The agreement between Singapore and Romania allows Singapore carriers to operate any number of passenger and cargo flights between
      270 words
    • 212 16  -  Arthur Lee By arthurl@sph.com.sg STARTING next January, Art Outreach Singapore, a non-profit educational organisation, in collaboration with the Land Transport Authority, will conduct walking art appreciation tours along selected stations on the North East line. The tours entitled Art in Transitwill initially cover four
      ARTHUR LEE  -  212 words


  • LETTER FROM ABROAD
    • 804 17 I LETTER FROM MELBOURNE Eric Wong Liang Wei Research analyst, Probity Investigation Consultants Pty Ltd We invite Singaporeans living overseas or posted abroad to write about life, culture and doing business where you are. Send your dispatch to btletter@sph.com.sg along with a photo of
      804 words

  • WORLD
    • 249 18 Kuala Lumpur MALAYSIA'S economic growth slid sharply in the third quarter to its slowest pace since mid-2005 as the global slowdown started to hit and the central bank said that it was ready to cut rates again if needed. Annual gross domestic product growth slowed to
      249 words
    • 486 18  -  Pauline Ng MAS warns of softer travel demand ahead; Air Asia not letting up on expansion strategy Kuala Lumpur HIGHER fuel charges were a bane for Malaysia's two airlines in the third quarter to end-September. National carrier Malaysian Airlines avoided
      486 words
    • 371 18  -  S Jayasankaran A RM24B million (*****.7 million) decision by Malaysian gaming and hotel firm Resorts World to purchase a 10 per cent interest in an American gaming technology firm that effectively belonged to Resorts chairman and controlling shareholder Lim Kok Thay
      371 words
    • 837 19 Bloomberg, Reuters Observers say rising incomes, record harvests should boost consumer spending New Delhi INDIA'S economy will probably withstand the effect of Thursday's terror attacks in Mumbai as rising incomes and record harvests boost consumer spending. "Mumbai is no stranger" to terrorism, said
      Bloomberg, Reuters; mwwvwwwMW .:mt I, i^^^m REUTERS  -  837 words
    • 434 19 Bloomberg Beijing CHINA'S small businesses face a tough winter, helped "only a little" by the government's US$5B6 billion stimulus package, said Li Zibin, chairman of the China Association of Small and Medium Enterprises. "More small and medi-um-sized companies will shut down as
      Bloomberg  -  434 words
    • 696 20 Reuters Volatility is easing, sentiment indicators suggest investors are not getting gloomier London YOU never know when a market hits bottom until well after the fact, but there have been a series of hints over the past few weeks that stock market investors
      Reuters; AFP  -  696 words
    • 171 20 Reuters Beijing CHINA will take further steps, including cutting taxes and increasing investments aimed at boosting domestic demand, to counter the growing impact from the financial crisis, the ruling Communist Party said yesterday. Beijing is showing growing concern over the abrupt cooling in the economy.
      Reuters  -  171 words
    • Briefing
      • 73 20 AFP m ROYAL Bank of Scotland said yesterday that the British government will end up with a 57.9 per cent stake in the bank after a share issue to raise funds to help it cope with the financial crisis. RBS said that
        AFP  -  73 words
      • 66 20 Reuters •o OPEC yesterday prepared to consider its third output cut in as many months to defend oil prices hit hard by a recessionary slump in world fuel demand. Ministers from the 12-strong cartel meet today to decide whether to opt for another
        Reuters  -  66 words
      • 58 20 Reuters Amsterdam DUTCH financial services group ING will repay its 10 billion euro (5519.5 billion) state injection when profits normalise or when its stock price goes back up, its chief executive Michel Tilmant said yesterday. Mr Tilmant said one method of
        Reuters  -  58 words
      • 34 20 3ernama le QANTAS shareholders expressed outrage over outgoing chief executive Geoff Dixon's A 512.2 million (Ssl2 million) retirement package at the airline's annual general meeting in Brisbane yesterday.
        3ernama  -  34 words
      • 63 20 Reuters :h BANK of China said yesterday that it had won regulatory approval to operate a private bank and an asset management firm in Switzerland, making it the first Chinese bank to enter the Swiss market. The banking and asset management
        Reuters  -  63 words
      • 44 20 Reuters ig CHINESE insurer Ping An is asking help from the Chinese government to seek compensation from Belgium over its losses in European financial group Fortis after the group was nationalised, a government source said yesterday.
        Reuters  -  44 words
    • 594 21 AP The same events poisoning the housing market are now at work on commercial properties Washington THE full scope of the US housing meltdown is not clear and already there are ominous signs of a new crisis one that could turn out the
      AP; AFP  -  594 words
    • 522 21  -  Jane Moir LUXURY brands are beginning to feel the squeeze in Britain as the credit crunch hits the elite, and trading at high-end stalwarts turns sour. Upmarket brands such as retailer Burberry and prestige car makers Jaguar, Bentley and Aston Martin are seeing a
      522 words
  • Page 18 Advertisements
    • 105 18 11 ft wl l wSSi BJ t L«ff w^FwflJ Get your 1 T Kf Spinelli outlet at Ss.soand get a I bY BJ_ .^B^M PUSi 9L complimentary bbM il|L in or Latte' BBM DON'T MISS OUT! The December issue's hot off the press! IN THIS ISSUE What exactly did we
      105 words




  • SGX
    • 8712 22 52-wks Tel ligh Low Code Company Last Sale Vol Day Last Quote COOO) High Low Buyer Seller Div GrYld C'vr Net P/E M Cap Smil 2 3 3148 8Telecom 7.5 3 5834 A-Sonic 10 100 6389 ABF SG Bond ETF 10.5 12 5000 ABR Hldgs 9.5
      8,712 words
    • 1480 25 High Low Code Company ligl, Sale ('000) High Low Buyer Seller C'vr P/E Smil !0 11.5 1181 s AA Grp 52 16 8538 s APStrategic > 1 1501 s Advanced System 58 12.5 3518 s Afor !8.3 2.7 1524 s Alantac s Alantac R s_ Alantac R300 !0
      1,480 words
    • 60 25 Up Down Unch 5 5 3 Up Down Unch 0 0 C Up Down Unch 5 5 3 lulti Ind 1anu1 Faci :unnj .ommerce inance 19 .onstruction 'roi iervices 16 18 23 10 21 21 33 Tect/ fater rrnFij >uarr !LW 41 59 10 41 59 10
      60 words
    • 193 25 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co
      193 words
    • 797 25 For week beginning Nov 24 Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per Shr$ SHAREHOLDING Before After ('000) ('000) Stock Trans Date Substantial Shareholder/ Director Buy Sell Cony No of Shares *000 Price Per Shr$ SHAREHOLDING Before After (*000) (*000)
      797 words
  • Page 22 Advertisements




  • MARKET
    • STOCK MARKETS
      • 19 26 Source: YTD change:-50.01% 52-week high: 3,570.51 on Dec 11,2007 52-week low: 1,473.77 on Oct 28,2008 Bloomberg
        Bloomberg  -  19 words
      • 20 26 Source: YTD change: -50.07% 52-week high: 29,962.90 on Dec 7,2007 52-week low: 10,676.20 on Oct 27,2008 Bloomberg
        Bloomberg  -  20 words
      • 24 26 Source: YTD change:-34.21% 52-week high: 13,780.10 on Dec 11,2007 52-week low: 7,449.38 on N0v21,2008 (Chart shows Wednesday's index closing) Bloomberg
        Bloomberg  -  24 words
      • 364 26 I MORGAN STANLEY CAPITAL INT'!. INDICES NovZ7 dy yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminai 663.4 0.9 -41.4 0.7 -41.6 0.9 -44.3 EAFE Preliminai 634.7 2.0 -43.4 1.8 -45.9 1.9 -48.4 Euroi Preliminai 897.8 2.2 -41.8 2.1 -48.3 2.2 -50.7 Pacific 518.6
        364 words
      • 21 26 Source: YTD change: -64.44% 52-week high: 5,522.78 on Jan 14,2008 52-week low: 1,664.92 on Oct 28,2008 Bloomberg
        Bloomberg  -  21 words
      • Article, Illustration
        18 26 Source: YTD change:-44.39% 52-week high: 16,107.60 on Dec 7,2007 52-week low: 6,994.90 on Oct 28,2008 Bloomberg
        : Bloomberg  -  18 words
      • 150 26 Woi/2g| Against S$ :urrencies Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 0.9930 0.9946 Against US? Bid 0.6588 Offer 0.6593 :anadian dollar 1.2218 1.2230 0.8106 0.8107 Euro 1.9497 1.9518 1.2935 1.2938 NZ dollar 0.8332 0.8347 0.5528 0.5533 jterlini 2.3249 2.3276 1.5424 1.542' US dollar
        150 words
      • 70 26 Nov 271 l IOCOA (£/tonne) Close Prey Hi) fLow Dec 08 1625 1590 1645/1595 Mar 09 1517 1480 1545/1476 May 09 1508 1475 1535/1474 Jul 09 1510 1478 1525/1478 COFFEE (US$/tonne) Close Pev High/Low Nov08 1971 1952 1990/1983 Jan 09 2015 1967 2048/1962 SUGAR (US tonne) White Close Prey
        70 words
      • 101 26 I Nov 2a| iOYBEANS (5,000 bu min; USc/60 Ib bushels) Close Previous High/Low Ian 09 886.00 883.00 899.00 882.00 darO9 894.00 891.50 906.75 889.50 day 09 903.75 900.50 915.00 903.00 lul 09 913.00 910.00 926.00 910.00 SOYBEAN/OIL (60,000 lbs; usq/lb) Close Previous High/Low 3ec08 32.50 32.24 32.87 32.42
        101 words
      • 77 26 Nov 2~\ :rude ISS/barrel (FOB origin) Close Change Srent blend (1-Mth F) VTI (Near Mth) )ubai (1-Mth F) 'apis blend /linas 53.06 0.58 53.94 -0.25 49.36 1.88 56.00 1.85 52.60 0.50 •RODUCT ISS/barrel (FOB Spore) Close Change lore' \l aphtha let Kerosene 34.77 70.10 3.87 0.80 JSS/barrel )pec Oil
        77 words
      • 72 26 )Vov2B| GOLD (US$/oz) Nov 28 Nov 27 Hong Kong 813.70 812.50 814.70 813.50 Nov 27 Nov 26 London 813.75 813.10 815.75 815.10 Source: Thomson Reuters SILVER Selling Buying Passbook 1 oz 15.6 15.36 Source: UOB PLATINUM Lon (US$/oz) Nov 27 Close Previous PM Fix 860.00 867.00 AM Fix 862.00
        72 words
      • 64 26 Nov2B\ KLCE PALM FUTURES (RM/MT) Deliver/ Opening Sett Av Month Range Price Price Low Voi Done Open Position Hi, Dec 08 1616 Jan 09 1647 FebO9 1650 Mar 09 1650 Total o/p: ***** contracts 1610 1678 1616 1625 1690 1625 1635 1692 1625 1640 1695 1630 Turnover: *****
        64 words
      • 70 26 NovZA Aluminium, 99.7% purity (US$/tonne) Nickel ;us$/tonne; Close Previous Close Previous Cash 3 months Tin (US$/tonne; *****.00 *****.00 *****.00 *****.00 Cash 3 months 1745.00 1791.00 1752.80 1800.00 Copper, Grade A ;us$/tonne) Cash 3 months Cash 3 months *****.00 *****.00 *****.00 *****.00 3666.00 3696.00 3723.50 3755.00 Zinc, Special Hi;
        70 words

  • PERSPECTIVE
    • 951 27  -  Rafe Ring Despite the widely held belief that shopper decisions are made in-store, there are other key factors which influence a shopper's decision to buy a product or leave it r^H HINK back to the last time you went shopping. Were you in a hurry to
      951 words
    • 915 27  -  Julie Brightley IN A recent survey on "Key trends of cross-border moves in Asia" conducted by PwC International Assignment Services in Singapore, more than half of the companies surveyed expected a significant increase in cross-border moves over the next two years in spite of
      915 words

  • Wealth
    • WEALTH INVESTING
      • 1159 28  -  Kimitsu Yang Largely unaffected by market fluctuations, life settlement funds add more value to the life of policy holders and offer stable returns to investors FTER a failed marriage, lan Usher decided to take a drastic step to sell his enJ^^J^A tire "life" on auction site eßay.
        DUCHESSSA/STOCK.XCHNG  -  1,159 words
      • 228 28 Here is an illustration of how life settlements work, using a hypothetical example of a single policy sold by an 80-year-old man. It assumes that he has a life expectancy of five years, is insured for $1,000,000 upon death and pays an annual premium of $40,000.
        228 words
      • 793 28  -  Conrad Tan Shipyards Cautious DBS Group Research, Nov 28 CREDIT woes hit rig builders: Keppel Corp has received indications from Seadrill, Scorpion Offshore, and Lewek Shipping, that their respective contracts signed in mid-2008 are now put under review for mutually acceptable arrangements. These are strong hints that the
        793 words
    • 1113 29  -  Wong Sui Jau The only time when it might be a good choice to sell everything is to take profits after a huge bull run WEALTH INSIGHTS General manager Fundsupermart.com EW investors often panic in the midst of a market crash. Suddenly they
      1,113 words
    • 1590 30  -  Teh Hooi Ling show me the money The odds do not favour an individual entrepreneur, but if you are able to fund a bunch of them, your chances of success increase substantially hooiling@sph.com.sg Senior correspondent MANY have referred to what has happened in
      1,590 words
    • 1444 31  -  Salman Haider Keep your long-term plan intact and review your portfolio regularly to ensure it is aligned to those objectives By IT HAS been a very challenging time for investors over the last year and the last quarter in particular. Sometimes markets do not
      REUTERS  -  1,444 words
    • 170 32 Reuters London A GROUP of major property companies will allow certain retailers in Britain to pay rent monthly rather than quarterly to help them cope with a sharp decline in consumer spending. In a statement yesterday, the companies said the policy change
      . Reuters  -  170 words
    • 793 33  -  Uma Shankari Studies show property players are less likely to pay a premium for green office space now EAL estate players in Singapore and the region want to H^^^^^ go green but the cost of doing so is proving to be a
      FILE PHOTO; Source: BCI Asia  -  793 words




  • Page 32 Advertisements
    • 574 32 PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/LAND PRICE PSF STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) STREETNAME TYPE DATE AREA*(SQFT) (S$'000) (Ss) District 3 CarissaParkCdo Apt 12/11/2008 FH 1496 850 568* NON-LANDED District 18 CtlGreenCdo Apt 10/11/2008 99 926 860 929 NON-LANDED Districts EastpointGreen Apt 12/11/2008
      574 words


  • Page 34 Miscellaneous
    • 135 34 Co If i jj ""^KSKl^^^^^y _.a Jh--^ Villagejtf© Out with the old, in with the new. Where the past has~so~~ often been prevalent, the future is staking a major claim in many of Beijing's newly refurbished districts. We take you on a quick tour of newly hip Sanlitun and tell
      135 words

  • BT Living
    • BEIJING SPECIAL
      • Article, Illustration
        1097 35 THE VILLAGE IS BILLED AS BEIJING'S MOST ANTICIPATED RETAIL ARRIVAL OF THE YEAR With its glass buildings, hip hotel and chic cuisine, the spiffy new retail and commercial complex in the Sanlitun area reflects the constantly changing face of Modern Beijing. By Geoffrey Eu OCALS like to jokingly
        GEOFFRE¥-_EU_; GEOFFREY EU  -  1,097 words
      • 1978 36  -  Geoffrey Eu Jaime Ec Bei Sureno The Opposite House, Building 1, No 11 Sanlitun R< Chaoyang District, Beijing Bei S (86-10)-6410-5230 www.beirestaurant.com Sureno (86-10)-6410-5240 www.surenorestaurant.com Whether it's international cuisine you're craving, or just good old Peking duck and classic Chinese fare, there's the perfect restaurant for you in
        1,978 words
      • 749 37 St Regis Beijing 21 Jianguomenwai Dajie, Beijing *****0 S (86-10)-6460-6688 AT the St Regis Beijing, there are many things you can ask your personal butler to do unpack your suitcase, draw you a bath, shine your shoes and get your suits pressed. So, asking them
        749 words
      • ENTERTAINING
        • 919 38  -  Audrey Phoon JUST as 17th century Ardennes poet Arthur Rimbaud's he Bateau Ivre (The Drunken Boat) is considered one of the gems of French poetry for its revolutionary use of symbolism and imagery, so Jean-Pierre Jacob's restaurant of the same name in the French Alps is regarded as
          PHOTOS BY YEN MENG JIIN  -  919 words
      • SHOPPING
        • 642 39  -  Melissa Lwee Tan Sheau Yun Two designers with no formal training are making their mark on the local scene 1 just liked the idea of calling my shop a friendship store because our motto is 'be friends with Chinese culture. Tong Tong Friendship Store Shaw Towers, #01-04/05 S
          642 words
        • 951 40  -  Audrey Phoon Melissa Lwee In buildings, shapes matter, similarly, in fashion, silhouettes matter... You have to see that your concept goes all around your design; that it works from all angles.' Ben Wu benWu IA, Aliwal Street S 6341-7871 www.benwudesign.com IF you overhear Ben Wu speak
          951 words
      • ESO AWARDS
        • 405 41  -  JOHN HENG MORE than 1,000 guests in glittering finery packed the Raffles Ballroom at Raffles City Convention Centre on Friday night last week to celebrate one of Singapore's premier corporate events the annual Enterprise 50 awards. Now in their 14th year, the E5O awards honour
          405 words
      • HOME & GARDEN
        • 1139 42  -  Cheah Ui-Hoon design When it comes to furniture, upper mid-range to high-end brands are still making their way into the Singapore market in spite of the depressed economy. By BoConcept 20 Devonshire Road, #01-01/02 S6735-0330 A NEW 7,000 sq ft showroom of Scandinavian furniture and living concepts has
          1,139 words
      • HEALTH
        • 975 43  -  Cheah Ui-Hoon Gerard Ec talks about how forward planning has helped him cope with colon cancer. FORWARD planning and faith are what Gerard Ec reckons helped him to cope with his colon cancer, "life is a continuum and involves a lot of forward planning that enabled
          WANG HUI FEN^HE STRAITS TIMES  -  975 words
        • 618 44  -  Cheah Ui-Hoon Cervical cancer changes the lives of those it touches. By WHEN Nicole (not her real name) found that she was losing too much weight in a short time, she knew that it was time to see a doctor. "I think I must have lost five
          BLOOMBERG  -  618 words
      • SPORT
        • 974 45  -  Naveen Verghese naveen@sph.com.sg Executive Sub-editor INDIA has made a strong case in recent months to be considered the number one cricket team in the world. It has won one-day international (ODI) tournaments in Australia and Sri Lanka, thrashed England 5-0 at home (that ODI series in
          AP  -  974 words
        • 391 45 Singapore ANNIKA Sorenstam built a stellar playing career by working hard, having an unrelenting passion for golf and making all the right choices, a regime the Swede has adhered to right up until her decision to retire. Next month, the 38-year-old will pack away her clubs after
          391 words
        • GOLF
          • Article, Illustration
            1113 46  -  Justin Moss NO industry has escaped unscathed in the wake of the current global economic meltdown, and professional sports has come under the spotlight in relation to operating expenses and sponsorship dollars, with a number of high profile sports looking for ways to reduce expenditure while retaining
            STOCK.XCHG  -  1,113 words
      • MOTORING
        • 753 47  -  Samuel Ec The Audi S3 has a new turbocharger that generates a boost pressure of 1.2 bar. By HAVING a hatchback design and a noisy exhaust do not a "hot hatch" make. For too long, that term along with "pocket rocket" has been overused. Of course, a
          753 words
        • Article, Illustration
          659 48  -  Samuel Ec Honda's re-styled Odyssey is better equipped but cheaper. COULD Honda engineers be guilty of hubris? Or are they really so good that the 2009 Honda Odyssey only requires small tweaks to improve what the Japanese carmaker believes is already one of the best MPV models
          659 words
        • Article, Illustration
          825 49  -  Samuel Ec DRIVING STYLE Faced with a failing business which he's unfamiliar with, Jason Sim nevertheless takes on the challenge of turning it around himself. SOME people like cars so much that they end up going into a business that involves them. But Jason Sim started out the
          ARTHUR LEE  -  825 words









  • Page 44 Advertisements
    • 751 44 Wine^dine with BTWeekend Pine Court Chinese Restaurant to take the region by storm. Andre regales holidays, indulge in a sumptuous goodies Roast Turkey, Honey Baked Ham, diners with a scintillating expose of Southern all-you-can-eat spread of over 30 soup, dim Cookies and Log Cake available. French Nouvelle cuisine, nuanced by
      751 words




  • Page 48 Advertisements
    • 86 48 jM^gEBWM |°H^ /J gg^ Hybrid rv ~™™f1r~!™ tC -40% TAX REBATE (GREEN REBATE) ALEXANDRA RD^^^^^^^ Z COST EFFICIENCY <*>*' A J? •NO PLUGGED IN FROM EXTERNALSOURCE V.-fl lzl *> kS^^^V ,v- •NO SACRIFICE IN VEHICLE SIZE I^l "^^^M^Ta* and performance liP1 !ll'a Hybrid LOWER AIR POLLUTANT EMISSION Visit us at
      86 words