The Business Times, 12 December 2008

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIMES Ssl oo online at http://www.businesstimes.com.sg tff* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Friday, December 12,2008
    21 words
  • Article
    Lock icon Race against time to rescue US car giants
    794 1 Bloomberg, AFP House sends bailout Bill to Senate as GM and Chrysler face vanishing cash [WASHINGTON] The debate over the automaker bailout in Congress has become a race against the clock. The US House of Representatives voted 237-170 on Wednesday night to
    Bloomberg,; AFP  -  794 words
  • Article
    Lock icon Remisiers push for alternative to buying-in market
    666 1  -  R SIVANITHY By F Remisiers' body also calls on SGX to consider scrapping short-selling fines [SINGAPORE] The Society of Remisiers (SOR) has proposed that the Singapore Exchange (SGX) introduce an immediate delivery, or ID, market that would complement current measures against short-selling. SOR
    666 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      42 1 1COMP 860.68 +6.02 IIKKEI225 8,720.55 +60.31 IANG SENG 15,613.90 +36.16 ;et index 424.61 +0.82 JAKARTA COM P 1,316.69 +0.79 IANILACOMP 1,933.12 -5.70 ;eoulcomp 1,154.43 +8.56 ;henzhen b 288.40 -4.55 IUMBAI IND 9,645.46 -9.44 11AM EST Change )OW 8,747.00 -14.42 IAS DAI
      42 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.51 HONG KONG 5.00 INDONESIA 16.830 TAIWAN 6.316 JAPAN 1.675 KOREA 9.33 BRITAIN 2.00 US 4.00 CANADA 4.00 SWITZERLAND 2.07 INDIA 13.00 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      42 1 IS$ (S$ per US$) 1.491 (US$/S$ per 1.498 2.233 ;URO (US$/S$/E) 1.313 1.967 Foreign currency per US$ S$ 'EN 92.50 62.10 3.568 2.393 IK$ 7.750 5.199 !AHT 35.11 23.55 lUPIAH 11,000 7,379 1ENMINBI 6.852 4.596 INDIAN RUPEE 48.51 32.54 1.510 1.013
      42 words
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      Lock icon Page 1 Advertisements Column 1
      70 1 _CjJ!_L_H?i!iyiT»^^ Mr Olympics Ms Supply Chain Ng Ser Miang looks beyond S MaryYeo, managing director of W* ~J Singapore's Olympic medals, f-*^i UPS Singapore, says in her Z2IL and the Youth Olympic Games V V«^H column that opportunities that he helped clinch. In The WL abound for SMEs, but they
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      55 1 AUCTION ECONOMY INTEREST RATES ART OF WAR I Pedigree diamond I Prospects for S'pore Big cuts by South Zap for Sun Tzu's strategies! T$9E fetches &16.4m S bleak, says ADB Korea, Taiwan Win an Epson wireless PAGE 15 J& A PAGE 2 PAGE 4 projector! PAGE 8 I I Books:
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  • TOP STORIES
    • Article
      Lock icon Prospects for S'pore 'bleak', says ADB
      734 2  -  ANTHONY ROWLEY Hong Kong and Taiwan also face a rocky road ahead in Tokyo EAST Asia's newly industrialised economies (NIEs), including Singapore, will be among the hardest hit by the economic storm that is sweeping across the globe, the Asian Development Bank (ADB) warned
      734 words
    • Article, Illustration
      Lock icon SATS shareholder takes issue with SFI takeover
      834 2  -  VEN SREENIVASAN But Merrill Lynch says valuation is fair and there's no conflict of interest [SINGAPORE] Are the shareholders of Singapore Airport Terminal Services (SATS) getting a raw deal in its Singapore Food Industries (SFI) takeover? Some SATS minority shareholders seem to think
      FILE PHOTO  -  834 words
    • Article
      Lock icon Trade gap points to shrinking economy
      410 2 Bloomberg LATEST US DATA Deficit with China hits record USs2Bb; jobless claims up [WASHINGTON] The US trade deficit unexpectedly widened in October as faltering global demand led to a third consecutive drop in exports, signalling the American economy is sinking even faster than previously
      ■ Bloomberg  -  410 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Race against time to rescue US car giants
        62 2 THE debate over the carmaker bailout in Congress has become a race against the clock. The US House of Representatives voted 237-170 on Wednesday night to approve emergency loans for General Motors Corp and Chrysler LLC, shifting the focus to the Senate,
        62 words
      • Article
        Lock icon Remisiers push for 'cash market'
        64 2 THE Society of Remisiers has proposed that the Singapore Exchange introduce an immediate delivery market that would complement current measures against short-selling. Society president Albert Fong, in a Dec 3 letter to the exchange, also requested that SGX consider scrapping fines of at least $1,000
        64 words
      • Article
        Lock icon Sats shareholder takes issue with SFI takeover
        83 2 ARE the shareholders of Singapore Airport Terminal Services getting a raw deal in its Singapore Food Industries takeover? Some Sats minority shareholders seem to think so. Stockbroker Ong Chin Woo, who owns 150,000 shares, has sent out letters to both Sats and the
        83 words
      • Article
        Lock icon Property investment sales slow to a trickle
        75 2 THE weak property market sentiment and tight financing have combined to compress the total investment sales of Singapore real estate to just $17.8 billion, year-to-date. This is a third of the record $54 billion achieved for the whole of last year, according to
        75 words
      • Article
        Lock icon Olam buys back US$118m convertible bonds
        65 2 AGRICULTURE supply chain manager 01am International is buying back U*****.6 million of convertible bonds at a discount, booking gains and shaving its gearing in the process. For US$O.65 on the dollar, 01am is paying U5576.44 million in cash for the convertible bonds. It will
        65 words
      • Article
        Lock icon Advance Modules mgt draws directors' ire
        43 2 ADVANCE Modules' independent directors, who are trying to determine the current state of affairs of the group's subsidiaries and their prospects, have voiced their frustration over the lack of cooperation from the management. COMPANY NEWS, PAGE 7
        43 words
      • Article
        Lock icon Germany attacks EU over stimulus package
        42 2 GERMANY'S finance minister accused other European Union states of "tossing around billions" before a summit yesterday, deepening a rift over Berlin's resistance to demands to spend more to revive the EU's economy. ECONOMY WATCH, PAGE 10
        42 words
      • Article
        Lock icon Malaysian industrial output down in October
        41 2 MALAYSIA'S industrial production declined 3.1 per cent in October as manufacturing output shrank, the second consecutive monthly drop, which indicates that growth in the fourth quarter would be much softer, economists said. MALAYSIA/INDONESIA, PAGE 11
        41 words
    • Article, Illustration
      Lock icon Riyadh – Saudi Arabia's capital beckons
      825 3 Riyadh Saudi Arabia's capital beckons Once little more than a desert outpost, Riyadh, the capital of the Kingdom of Saudi Arabia, is today one of the fastest growing cities in the world, and one that can rival any modern metropolis. Business travellers will no doubt be familiar with Riyadh's status
      825 words
    • Article
      Lock icon World Gourmet Cuisine
      364 3 Whether travelling on Singapore Airlines Suites, First, Business or Economy Class, customers can expect a culinary feast, for both the eyes and the palate. Singapore Airlines' World Gourmet Cuisine boasts a selection of exclusive and tantalising signature dishes, specially designed to delight even the most discerning tastebuds.
      364 words
    • Article
      Lock icon Seoul, Taipei slash interest rates to buoy economy
      698 4 Bloomberg, Reuters Korean key rate falls to 3%, Taiwan's hits 26-year low of 2% [SEOUL] South Korea and Taiwan yesterday cut interest rates to shore up economies buffeted by declining demand for exports amid recessions in the US, Japan and Europe and
      Bloomberg,; Reuters  -  698 words
    • Article, Illustration
      Lock icon Property investment sales slow to a trickle
      777 4  -  KALPANA RASHIWALA Players wary of big bang deals amid weaker sentiment, tighter financing By [SINGAPORE] The weak property market sentiment and tight financing have combined to compress the total investment sales of Singapore real estate to just $17.8 billion, year-to-date. This is a
      :CBRE  -  777 words
    • Article, Illustration
      Lock icon Family or football? Er, that's a tough one
      522 4  -  LEE U-WEN Worldwide survey shows Singaporeans are crazy about BPL [SINGAPORE] Good news for telcos and pub owners: a new survey of 32,000 football fans worldwide including nearly 1,500 in Singapore has found that 98 per cent follow the popular Barclays Premier
      AFP  -  522 words
    • Article
      Lock icon Carmaker bailout may trigger CDS payments
      355 4 Reuters Likelihood depends on final terms of restructuring Bill [NEW YORK] Government proposals to bail out ailing US carmakers may trigger payments on credit default swap (CDS) contracts that protect their debt, though the likelihood of this will depend on the final wording of
      Reuters  -  355 words
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      55 3 A special feature brought to you by sii-igapore airlii-ies singaporeair.com -=^j|| SOON SERVING JK# RIVAF)H From 14 December 2008, Singapore Airlines will fly 4 times a y^ week to Riyadh, the financial heart of Saudi Arabia. Discover 4 fi jflw Tue, Thurs, Sat, Sun 1250 1625/1725 1820 j//.,) 1 ft
      55 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      4 4 I LOCK+STORE] 6243 0600
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      48 words
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  • COMPANY NEWS
    • Article
      Lock icon Olam buys back US$118m convertible bonds
      458 5  -  EMILYN YAP With clearing price at 65%, firm paying U5576.44m, funded by new 3-year loan AGRICULTURE supply chain manager 01am International is buying back U*****.6 million of convertible bonds at a discount, booking gains and shaving its gearing in the process. For US$O.65 on
      458 words
    • Article
      Lock icon New CEO at Reit manager CITM
      414 5  -  ARTHUR SIM SINGAPORE'S first independent real estate investment trust (Reit), Cambridge Industrial Trust (CIT), will see Wilson Ang Poh Seong step down as chief executive of the Reit manager Cambridge Industrial Trust Management (CITM). He makes way for Christopher Calvert, formerly the CEO of
      414 words
    • Article
      Lock icon More clarity needed at Zhonghui
      858 5  -  LYNETTE KHOO ZHONGHUI Holdings investors are on tenterhooks and for good reasons. First was news last week that United Overseas Bank (UOB) has demanded repayment of two outstanding loans totalling about $19.6 million. And second, there is worry over whether the company's proposed solution to
      858 words
    • Article, Illustration
      Lock icon Hyflux confident of two years of record profits
      520 7 Bloomberg HYFLUX Ltd, building the world's largest membranebased desalination plant, may post record profits this year and next as governments step up infrastructure spending to bolster economic growth, an executive said. "With the order book that we have of more than $1
      Bloomberg; FILE PHOTO  -  520 words
    • Article
      Lock icon Midas in 7.4m euro tram set deal
      200 7 MIDAS Holdings announced yesterday that its aluminium alloy division, Jilin Midas Aluminium Industries Co Ltd, has secured a 7.4 million euro (5514.4 million) contract to supply aluminium alloy extrusion profiles for 140 tram sets. The contract, for Alstom Transport's RS-Citadis project, is to
      200 words
    • Article
      Lock icon Independent directors of Advance Modules upset
      375 7  -  LYNETTE KHOO Management not giving sufficient info on state of affairs at units, they lament ADVANCE Modules' independent directors (IDs), who are trying to determine the current state of affairs of the group's subsidiaries and their prospects, have voiced their frustration over the lack
      375 words
    • Article
      Lock icon Xpress profit surges to $3.5m in Q1
      290 7  -  NISHA RAMCHANDANI PRINTING specialist Xpress Holdings posted a net profit of $3.48 million for its first quarter ended Oct 31, 2008, after a deferred tax write-back of $1.63 million. This compares with a net profit of $661,000 in IQOB. Revenue grew 15.5 per
      290 words
    • Article
      Lock icon People's Food 2.4b yuan pig farm project takes off
      406 8  -  LYNETTE KHOO First phase expected to provide annual breeding capacity of 450,000 pigs PEOPLE'S Food Holdings has started the first phase of its estimated 2.4 billion yuan (***** million) project in commercial pig farming. The first phase, the development costs of
      406 words
    • Article, Illustration
      Lock icon UE's Park Central @ AMK more than 70% sold
      259 8  - UE's Park Central AMK more than 70% sold ARTHUR SIM UNITED Engineers' (UE) Park Central AMK, which was launched in July, is now more than 70 per cent sold at an average price of $500 psf. UE managing director of integrated facility management and property development business David Liew said
      259 words
    • Article
      Lock icon China's Huan Hsin says workers dispute settled
      146 8 Reuters [SINGAPORE] Chinese electronics company Huan Hsin Holdings said yesterday that it had amicably settled a dispute with protesting workers at two of its Shanghai plants and they had returned to work. The Singapore-listed company said in a statement that the dispute was
      – Reuters  -  146 words
    • COMPANY BRIEFS
      • Article
        Lock icon Nera unit clinches 96m baht EDC contract
        71 8 NERA Telecommunications Ltd announced yesterday that the company's wholly owned subsidiary, Nera (Thailand) Ltd, has received an order from a bank in Thailand for the supply and delivery of EDC (point-of-sale) terminals. The order has a value of 96 million baht (Ss4 million).
        71 words
      • Article
        Lock icon KSH proposes issue of 209.8m warrants
        71 8 KSH Holdings has proposed a rights issue of up to 209.8 million warrants at one cent each, and on the basis of one warrant for every existing share held. The warrants have an exercise price of 10 cents and a lifespan of three years.
        71 words
      • Article
        Lock icon Food Junction opens Malone's in Suzhou
        72 8 FOOD Junction Holdings' newly acquired Malones Holdings Pte Ltd, through its China subsidiary Maibo Restaurant Management (Shanghai) Co Ltd, has entered into an agreement to take up space at the Regalia Shopping Mall in Suzhou for the operation of a Malone's American Cafe Restaurant.
        72 words
      • Article
        Lock icon Multistar co-MD to step down
        36 8 TAN Hang Meng will be stepping down as co-managing director of Multistar Holdings as of Dec 31, 2008, to pursue his personal business interests. He has been co-managing director since 2005.
        36 words
      • Article
        Lock icon Moody's places A-Reit rating on review
        47 8 MOODY'S Investors Service placed Ascendas Real Estate Investment Trust's (A-Reit) A3 corporate family rating on review for possible downgrade. This is due to A-Reit's continuing reliance on uncommitted revolving banking facilities to fund its asset growth and capital expenditure, Moody's said.
        47 words
    • Article
      Lock icon Freight Links sues Reit over failed property deal
      462 8  -  NISHA RAMCHANDANI By FREIGHT Links Express Holdings announced yesterday that it has commenced legal action against a private real estate investment trust, AMP Capital Business Space Reit, for not going through with the proposed purchase of an investment property at 30/32 Tuas
      462 words
    • Article
      Lock icon Commodity fund launched
      133 8 Reuters SINGAPORE-BASED fund manager Four Elements has launched a long-short commodity fund, seeded with US$B million, in a soft launch, the company said yesterday. The Earth Element Fund strategy started trading on Dec 8, the company said, with a hard launch due in January. "Our commodity universe
      Reuters  -  133 words
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      Lock icon Page 5 Advertisements Column 1
      143 5 MASTERPIECES IN THE ART OF WATCHMAKING H>| i^iv^^^^ ldJ!^E3fl V^SlffH KC^^^^^^H^ f^^^s^r I/I Wi>^^ ■yMMEMj W92m EHT^v^^ff weBW lit If I Hfi^^^^ B K^SSay g^^V 8-DAY TOURBILLON jdk Double-face Daniel Roth tourbillon movement, entirely decorated by hand. Off-centered hours and minutes, three-arm small seconds hand on the w tourbillon axis,
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Buy in anticipation, sell on news?
      572 6  -  R SIVANITHY STOCKS There are no discernible improvements in the US or HK economies yet, but stocks react as if there are, rising sharply UNDERPINNING the gains in Hong Kong and the US over the past couple of days are the words "rescue", "bailout"
      Bloomberg  -  572 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      94 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 4 6 6 0 0 0 4 6 6 Manufacturing 40 54 58 43 58 64 Commerce 15 21 18 19 25 20 Tpt/Stor/Comms 23 24 Finance 19 11 19 11 Construction Properties
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      113 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 24.484 24.484 73.587 73.587 lanufacturing 385.037 7.393 392.430 240.992 299 241.291 Commerce 89.944 13.643 103.587 79.474 1.863 81.337 "pt/Stor/Comms 149.205 120 149.325 187.397 187.406 :i nance 39.773 39.773 279.215 279.215 Construction 30.181 1.296 31.477 2.540 13 2.552 'roperties 106.298
      113 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      104 6 CapitaLand 2.780 -0.080 Noble Grp 1.010 -0.080 CapitaMal 1.600 4-0.100 OCBCBk 5.420 CityDev 5.950 -0.230 Olam 1.170 -0.010 Cosco Corp 1.100 -0.010 S IA 11.360 -0.280 IBS Grp 10.080 4-0.090 SGX 5.260 -0.170 :&N 2.860 -0.010 SIA Engg 2.050 -0.030 Sent Intl 0.420 SPH 3.190 -0.170
      104 words
    • Article
      Lock icon BROKERS' TAKE
      978 6  -  CONRAD TAN Technology Sector OCBC INVESTMENT RESEARCH, Dec 11 THE technology sector ended its latest results season with a downbeat tone after bearing the brunt of the financial crisis and global slowdown. Of the 10 out of 12 technology stocks under our coverage that reported their results, only
      978 words
    • Article, Illustration
      Lock icon Weaker Asians top gains versus US$ again
      559 6  -  LARRY WEE CURRENCIES ASIAN units worst hit by the fallout from this year's financial sector meltdown continued to score the best comeback gains versus the US dollar yesterday, suggesting that speculative players may have decided to lock in profits before trading conditions become
      : Reuters  -  559 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      59 6 Dec 11 VALUE CLOSE IT OB/OS 431.00 -82.0C IT CADI -*****.00 -43.0' IT 10-day MA -*****.00+43.01 TSE ST Mid Cap 346.32 -2.5 TSE ST Small Cap 294.21 -2.7! TSE ST All Share 426.28 -5.8! TSE ST China Top 188.75 -4.7! TSE ST China 191.49 -4.9. IOB Catalist
      59 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Golden Agri 146,997,000 Cosco Corp 49,241,000 IndoAgri 42,883,000 China Honqxinq 40,195,000 Yanqzijianq 35,337,000 Straits Asia 28,872,000 China Sports 27,718,000 Noble Grp 27,508,000 SembMar 26,173,000 Ezra 22,021,000 VALUE(S) DBS Grp 118,762,420 UOB 75,715,760 Cosco Corp 54,287,500 SPH 52,108,590 SinqTel 50,760,010 SembMar 44,976,280 Capita Land 44,943,590 Keppel Corp
      57 words
    • Article
      Lock icon RISES
      108 6 CLOSE UP 8015 506.7 4.4 LD 10US$ ICBC Bk5.1%NCPS 100 9010 170.0 1. Korea 10US$ 233 35.8 11. MS India 10US$ 754 32.8 3.' iBS Bk6% NCPS 10 9280 20.0 0., lardine C&C 1050 20.0 1. IOB 5.05%NCPS 100 9020 20.0 0., S Enen 100 11.5 13.' iMall 160
      108 words
    • Article
      Lock icon FALLS
      110 6 CLOSE DOWN 1320 -34.0 -2.5 UOB China H 10US 1093 -28.3 -1.7 I A 1136 -28.0 -2.4 ilA 200 1126 -28.0 -2.4 ISH 922 -26.8 -1.9 :it 595 -23.0 -3.7 UOBMBLiCW*****0 47.5 -22.0 -31.7 CGX 526 -17.0 -3.1 iPH 319 -17.0 -5.1 HKLand 261 -11.9 -3.0 BY PERCENTAGE CLOSE
      110 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      83 6 Dec 11 %CHNG CLOSE FRDecIO YR SSLOW R2008 S$ HIGH USS 1.4931 0.60 1.5346 1.3457 Euro 1.9554 -0.47 2.2064 1.8640 Pounds 2.2277 -0.40 2.8431 2.2111 0.9847 0.34 1.3251 0.9068 'en* 1.6177 0.30 1.6645 1.2619 Rupiah* 0.***** 1.43 0.***** 0.***** Baht* 4.2514 -0.20 4.4299 4.0190 Peso* 3.1289
      83 words
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      84 7 BRAND NEW GRABS FOR SALE Description as follows: Four (4) units Radio Controlled Grab, (c/w 4 spare batteries 4 remote control) One (1) unit 10 CBM Two Ropes manual Grab. Country of Origin: China. Capacity: Ten (6-10) CBM, adjustable by removing spill plate. Class Bureau Veritas (BV). Colour: Yellow. Ready
      84 words
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      150 7 __W ___bl j_fl& ._^__v g f£^T' -vwbv sK vhl!' vH HP"^^^Hl yfll^v mU^m #9w muM^t V A B^___ L .J| k( pa (T^Si It >°ii i€ #1 AAI 1 1 f 3 SHlFT_the way you move |j\ii5SAN I Authorised Dealers: AutoMega Trading Pte Ltd 300 Tampines Avenue 5, #01-01, NTUC
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      27 8 CE R R U TI 6PP§ UXURY :i Luxury, 10 Tanglin Road Tel: +65 6738 6333 DA VINCI COLLECTION Jpper Bukit Timah Road Tel: +65 6468 6333
      27 words
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      Lock icon Page 8 Advertisements Column 2
      144 8 EPSON EXCEED YOUR VISION for daily Sun Tzu's Art of War quotes Brought to you by EPSON Find out how Sun Tzu's strategic principles can be applied in modern day business and human relationship. Sun Tzu's Art of War reveals secrets for success. Win a wireless projector worth $2,588! Make
      144 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon All are equal under the law, says AG Woon
      584 9  -  LEE U-WEN Impartiality rules; no undue influence allowed in quest for justice in Singapore Reports by IF you're in trouble and are considering asking your Member of Parliament to write to the courts in the hope of being let off, think
      FILE PHOTO  -  584 words
    • Article
      Lock icon Citi's Tracey Woon wears new hat as banking head
      265 9 CITIGROUP'S head of investment banking in Singapore and Malaysia, Tracey Woon, has been appointed as overall head of Citi's corporate and investment banking businesses here. As head of banking, Singapore a newly created post Ms Woon will take over the corporate
      265 words
    • Article, Illustration
      Lock icon Prehistoric data used to predict quakes
      363 9  -  JONATHAN GAN THROUGH the use of prehistoric records, an international team of scientists has been able to improve the forecast of large West Sumatran earthquakes and tsunamis. The study shows the likelihood of a large earthquake occurring within the next few decades. The next
      363 words
    • Article
      Lock icon New Criminal Procedure Code soon
      378 9 MAJOR changes are in the pipeline for Singapore's Criminal Procedure Code (CPC) the first review in 40 years in an effort to ensure the country's criminal justice system remains relevant. A two-month feedback exercise has begun to seek views from the public on a new
      378 words
    • Article
      Lock icon Spring S'pore, SAC host APLAC meeting
      230 9 SPRING Singapore and the Singapore Accreditation Council (SAC) are currently hosting the 14th Asia-Pacific Laboratory Accreditation Cooperation (APLAC) General Assembly and Technical Meetings from Dec 6-12, with about 100 delegates from more than 20 countries attending this event. This is the second time that
      230 words
    • Article
      Lock icon Brace for layoffs, NTUC chief tells union leaders
      281 9  -  TEH SHI NING LABOUR chief Lim Swee Say yesterday urged over 400 union leaders who attended a dialogue session to brace themselves for an inevitable rise in retrenchments. He also said that they should waste no time in engaging company management and
      281 words
    • Article
      Lock icon Laguna Park for en bloc sale?
      143 9 LAGUNA Park condominium along Marine Parade Road could be up for collective sale, with about 77 per cent of tenants so far agreeing to it, Channel NewsAsia reported. The sales committee could expect a few more signatures in the coming days to cross the
      143 words
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      Lock icon Page 9 Advertisements Column 1
      26 9 Mm® the big name in seafood. www.jumboseafood.com.sg ONE DINES FREE with a minimum order of 3 Executive Set Lunches j luu/jc jcl menu from $28^ onwards
      26 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Germany attacks EU over stimulus package
      709 10 Reuters It says it will not add to a 200b-euro plan to pull bloc out of recession [BRUSSELS] Germany's finance minister accused other European Union states of "tossing around billions" before a summit yesterday, deepening a rift over Berlin's resistance to demands to spend
      Reuters; AFP r  -  709 words
    • Article, Illustration
      Lock icon Data points to lingering recession in NZ
      496 10 -Reuters [WELLINGTON] A sharp contraction in the manufacturing sector and further weakness in the housing market suggest New Zealand's recession will persist into next year, likely forcing the central bank to keep cutting rates. Yesterday's survey showed the Business NZ-Bank of NZ performance
      -Reuters; AP  -  496 words
    • Article
      Lock icon Thai economy seen growing 2% in 2009
      595 10 Reuters [BANGKOK] Thailand's economy is likely to contract 0.5 per cent to one per cent in the first quarter of next year from a year earlier and post no growth in the second quarter, acting Finance Minister Suchart Thada-Thamrongvech said yesterday. After that
      – Reuters  -  595 words
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      2173 10 MIYOSHI PRECISION LIMITED (Incorporated in the Republic Of Singapore) (Company Registration No. *****3979K) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Miyoshi Precision Limited ("the Company") will be held at No. 5 Second Chin Bee Road, Singapore *****2 on Monday, 29 December 2008
      2,173 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Malaysian industrial output down in October
      512 11  -  PAULINE NG Data shows growth in fourth quarter will be much softer, say economists in Kuala Lumpur MALAYSIA'S industrial production declined 3.1 per cent in October as manufacturing output shrank, the second consecutive monthly drop, which indicates that growth in the fourth quarter would
      BLOOMBERG  -  512 words
    • Article, Illustration
      Lock icon Indonesia's former foreign minister dies
      355 11 Reuters, AP [JAKARTA] Indonesia's former foreign minister Ali Alatas, who died in Singapore yesterday, was a widely respected figure in the region tipped at one stage to be a possible United Nations secretary-general. He was 76. Mr Alatas was Indonesia's longest-serving foreign minister, taking office
      Reuters, AP  -  355 words
    • Article
      Lock icon Bakrie not a billionaire now: Forbes
      219 11 Reuters [JAKARTA] Aburizal Bakrie, the Indonesian Cabinet minister whose business empire is under pressure to repay huge debts, has been knocked off the top slot in the country's rich list, Forbes magazine said yesterday. Mr Bakrie's net worth plunged more than 80 per cent
      – Reuters  -  219 words
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      77 11 There's a Car for Every Status. This is Yours I PP^! Tl^^^^M You c'on't neec' a vehicle with a commanding presence, but your status demands it. «^i i »5 .-"HI Engine Transmission Extra Hospitality Extra Intelligence Extra Safety First LAND CRUISER 200 4.7/. V8 (288ps j 4 Zone /\ufo Climate
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China heartbeats away from low-growth danger zone: poll
      658 12 Reuters < A faint recovery expected only in 2010, the economists suggest [BEIJING] China's economy will flirt with its slow-growth danger zone next year as growth prospects have weakened from just a few months ago in the wake of the global downturn,
      – Reuters <; AFP  -  658 words
    • Article
      Lock icon Inflation down to 2.4%, lowest in about 2 years
      391 12 -AP [BEIJING] China's inflation fell to its lowest level in nearly two years as sharp increases in food and energy costs eased, giving Beijing more room to spur growth through spending without igniting price rises. Consumer prices rose by 2.4 per
      -AP  -  391 words
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      413 12 UPON A TIME... Beyond fresh pine, twinkling lights and baubles galore, be amused by holiday tales and lore, f J r'oo o J J Indulge m sumptuous creations at From St. Nicholas, Ebenezer and Santa Claus, woven into our treats, feasts and more, bed Kit h K aki B h
      413 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon India's inflation at 7-month low
      645 13 Bloomberg Central bank likely to cut interest rates again to shore up slowing economy [NEW DELHI] India's inflation rate fell to a sev-en-month low, making it more likely the central bank will add to three inter-est-rate cuts in less than two months to shore up
      Bloomberg; AP  -  645 words
    • Article, Illustration
      Lock icon Delhi to revamp security and intelligence agencies
      429 13 Bloomberg [BANGALOßE] India's top law-enforcement official announced an overhaul of the country's security and intelligence agencies, after the government was criticised for its response to last month's attack on Mumbai. The government will create a coastal command for maritime security, fill vacancies in
      Bloomberg; AP  -  429 words
    • Article
      Lock icon Foreign investors eye stake in RCom
      311 13 -AFP [NEW DELHI] US and European telecoms groups and other investors are in talks to buy up to a 26 per cent stake in India's Reliance Communications, a report said yesterday. The Economic Times, a leading Indian financial daily, said that foreign investors were
      -AFP  -  311 words
    • Article
      Lock icon Lenovo said to be eyeing bid for Brazilian PC maker
      447 13 Bloomberg Firm turning to emerging markets after US slump [HONG KONG] Lenovo Group, China's biggest personal-computer maker, said it's in "preliminary" talks about potential investments, after the company's shares rose 27 per cent on Wednesday on speculation it will acquire
      – Bloomberg  -  447 words
    • Article
      Lock icon HK headed for record fiscal deficits: PwC
      505 13 Reuters [HONG KONG] Hong Kong faces record fiscal deficits over the next two years as the economic downturn and global financial crisis depress government revenues, PricewaterhouseCoopers said yesterday. The accountancy firm forecast the government would turn a record fiscal deficit of between HK565.3
      – Reuters  -  505 words
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      163 13 Over 5 Million Dollar Jewellery Inventory MUST BE LIQUIDATED! This property shall be offered at this one day auction. Items obtained from govt. auctions plus the addition of goods which constitute the majority, Sunday, 14th December Auction: 1:00pm Viewing: 11:00am OVER 300 LOTS St A Dia 1986C1 XL. M f
      163 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Sumitomo Mitsui doubles fund-raising plan
      699 14 Reuters Bank taps USss.Bb as Asian peers race to shore up balance sheets amid crisis [TOKYO] Japan's No 3 bank, Sumitomo Mitsui Financial Group, said it will nearly double a planned capital raising to US$5.B billion as Asian banks race to shore up balance sheets
      – Reuters  -  699 words
    • Article, Illustration
      Lock icon Largest ever leveraged deal snuffed out
      550 14 AP [TORONTO] The largest leveraged buyout in history is officially dead after a group of buyers of the Canadian telecom company BCE said an audit found the proposed US$35 billion deal to take the company private did not meet solvency requirements. An investment group
      AP  -  550 words
    • Article, Illustration
      Lock icon Difficult markets may delay AIG asset sale
      548 14 Reuters [HONG KONG] The chief executive officer of US insurer American International Group (AIG) said that difficult markets may delay its sale plans, although certain units have attracted heavy interest. AIG is looking to shed assets around the globe as part of a
      ■ Reuters; BLOOMBERG  -  548 words
    • Article
      Lock icon Parliament to elect new Thai PM on Monday
      456 14 Reuters [BANGKOK] Thailand's Parliament will elect a new prime minister next Monday, a Democrat Party official said yesterday, as both the main party in the outgoing government and the Democrats, the main opposition, claimed they could win. "The King has approved the
      – Reuters  -  456 words
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      2059 14 rOMPAI^^ArrTA^Io IN THE HIGH COURT OF THE IN THE MATTER OF COMPANIESACTCAPSO REPUBLIC OF SINGAPORE" THE COMPANIES ACT, CAP. 50 IN THE MATTER OF CWUO.S.NO. 143 of 2008/K {1) SSIIISIS^PiIiSiSIi 1"™ VERTEX MANAGEMENT PTE LTD (UOmpflny NO IWJUI3SIK) [Co Regi S Z^N™9BBo2399R) ln the Matter of Companies Act (2) SING
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  • WORLD
    • Article
      Lock icon Yahoo curbs severance pay, easing a takeover
      611 15 AP, AFP Concessions meant to settle lawsuit alleging plan to thwart Microsoft bid [SAN FRANCISCO] In a move that could make it easier to negotiate a sale, Yahoo has overhauled a severance programme that could have saddled potential buyers with a huge bill
      AP, AFP  -  611 words
    • Article, Illustration
      Lock icon Blagojevich case tests Obama's ability to manage scandals
      605 15 NYT [WASHINGTON] When Representative Jan Schakowsky, an Illinois Democrat, began exploring whether she might fill Barack Obama's seat in the US Senate, she called Rahm Emanuel. They served in the House together and, more importantly, he had just become chief of staff
      NYT; AP  -  605 words
    • Article, Illustration
      Lock icon Pedigree diamond fetches £16m plus change
      469 15 Bloomberg AFP, A phone call is all it takes for the new owner [LONDON] Defying the economic gloom, a diamond with a rich royal pedigree went under the hammer at Christie's auction house Wednesday for a record £16.4 million (5536.5 million). The 17th century
      Bloomberg; AFP,; AFP  -  469 words
    • Article, Illustration
      Lock icon Obama's man an advocate of new fuels
      478 15 Bloomberg AP, I [WASHINGTON] Steven Chu, the Nobel Prize-win-ning physicist who is US President-elect Barack Obama's choice for energy secretary, has been a vocal advocate for more research into alternative energy, arguing that a shift away from fossil fuels is essential to combat
      Bloomberg; AP, I  -  478 words
    • Article
      Lock icon Global hedge funds US$64b poorer in Nov
      351 15 Bloomberg [TOKYO] The global hedge-fund industry lost US$64 billion of assets in November, with an index tracking its performance declining for a sixth month as economies in Asia and Europe joined the United States in recession, Eurekahedge Pte said. Market declines contributed to
      Bloomberg  -  351 words
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      175 15 Prices with CD symbol indicate associated taxes surcharges correct at time of print subject to change "y& 4D Glamour of The Venetian® Macao WINTER FESTA BONUS* I+Hong Kong it l 1.1 L^r^i l Return airfare byXathay Pacific K Return airport transfer e °t- da!^ l?. reakfast r dallV buffet lu,
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  • EDITORIAL & OPINION
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      Lock icon Fuel costs determine power prices
      503 16 TO an extent, market competition, be it among oil or power companies, helps keep prices down, or at least steady. Fine-tuning of pricing formula like that on-go-ing for electricity can make it more reflective of prevailing oil prices. But in the end, consumers must realise
      503 words
    • Article, Illustration
      Lock icon FDI flows – the retrenchment has begun
      1162 16  - FDI flows the retrenchment has begun KARL P SAUVANT Steepness of the fall will depend on how deep, long and widespread the recession is AT US$l.B trillion (according to the United Nations Conference on Trade and Development), world foreign direct investment (FDI) flows reached an all-time high last year. All
      BLOOMBERG  -  1,162 words
    • Article, Illustration
      Lock icon Timefor the lecturer to become the lectured
      757 16  -  FRANK CHING THE BOTTOM LINE OH, what a difference 30 years or even two years can make. When China got rid of class struggle and world revolution after the death of Mao Zedong and opted for economic development, it was a willing student
      757 words
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      Lock icon New battle for commanding heights
      1385 17  -  LEON HADAR These days, with huge industry bailouts, it seems the US is following in the economic footsteps of Russia and China DURING the height of the globalisation era of the *****, political economists Daniel Yergin and Joseph Stanislaw, published The Commanding Heights: The Battle
      AFP  -  1,385 words
    • Article
      Lock icon From Japan, lessons for Obama's infrastructure plans
      826 17  -  AMITY SHLAES -LATWP By PRESIDENT-ELECT Barack Obama put forward a plan this week for the largest government infrastructure project in half a century. The idea is to revive the economy and create jobs for America's unemployed. But huge public works projects often fail
      -LATWP  -  826 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon China Eastern, China Southern soar on share sales to parents
      744 18 Bloomberg Cash injection comes as govt scraps tax on jet fuel to help unprofitable airlines [HONG KONG] China Southern Airlines Co, the nation's biggest carrier, rose the most ever in Hong Kong and China Eastern Airlines Corp also surged after
      – Bloomberg; I AFP  -  744 words
    • Article
      Lock icon Cathay traffic falls 2.2% on financial crisis
      252 18 Bloomberg [HONG KONG] Cathay Pacific Airways, Hong Kong's biggest carrier, said passenger numbers fell 2.2 per cent last month as companies cut business travel because of the financial crisis. The carrier flew 1.98 million travellers in November, it said in a statement yesterday.
      – Bloomberg  -  252 words
    • Article
      Lock icon Qantas & British Airways fined for cargo price fixing
      308 18 Qantas British Airways fined for cargo price fixing -AP [SYDNEY] Qantas Airways and British Airways were fined by an Australian court yesterday for their involvement in a price-fixing cartel in the global air freight industry, a national competition watchdog said. The Federal Court in Sydney ordered Qantas to pay As2o
      -AP  -  308 words
    • Article, Illustration
      Lock icon S Korean jailing of tanker chiefs slammed
      391 18 -AFP [SEOUL] Managers of a Hong Kong supertanker whose crew chiefs were jailed over South Korea's worst oil spill have blasted the decision as a "disgrace and insult" to the world shipping community. An international union federation separately described the South Korean appeal
      -AFP; AFP  -  391 words
    • Article
      Lock icon New training schemes for shipping staff
      532 18  -  Move by industry to boost employee skills, save jobs in current downturn By VINCENT WEE [SINGAPORE] The Singapore Shipping Association (SSA) yesterday took a bold step to try and retain staff through collaborating with the Singapore Industrial and Service Employees' Union by announcing new
      532 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2604 18 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:
      2,604 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8756 19 Transaction date: Dec 11 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E j3 12 3 3148 8Telecom 17 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABRHIdgs 19 6 1938 AEI Corp 14.5 1 1100 AEM 30 7 2101
      8,756 words
    • Article
      Lock icon SGX CATALIST
      553 20 Hii Low Code Coi Sale COOP) Hi; Low Bi Seller Cvr P/E jH 20 9 1181 s AAGrp 32 16 8538 s APStrategic 5.5 1 1501 s Advanced System 38 12.5 3518 s Afor 25.5 2.7 1524 s Alantac s Alantac R s Alantac R300 20 3.5 7814
      553 words
    • Article
      Lock icon SGX XTRANET
      658 20 _Hm Low Code Comi Sale '0001 _Hm Bit Seller C'vr P/E Slllil ***** 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 385 158 6009 STI ETF 3641.7 3386.7 6010 STI ETF IOPV US***** US6200cd US1 OOOcd
      658 words
    • Article
      Lock icon CLOB INTERNATIONAL
      758 20 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
      758 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8699 20 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.403/ AIGIF S'pore Bond Fund/ A 1.192/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.6/ APS Alpha Fund (USD)!" 0.4/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5815/ APS Komaba
      8,699 words
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      34 19 k jpfep, NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED \B W 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      369 21 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Dec 10 World Index Preliminary 676.0 1.4 -40.3 1.2 -40.9 1.6 -43.3 EAFE Preliminai 648.2 0.8 -42.2 0.8 -44.9 1.2 -47.2 Euroi Prelim inan 919.8
      369 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      116 21 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 0.9710 1.0030 .an dollar 1.1830 1.1980 luro 1.9370 1.9620 IZ dollar 0.8090 0.8270 iterlini ind 2.2040 2.2320 JS dollar 1.4900 1.5070 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer :hi
      116 words
    • Article
      Lock icon INTERBANK RATES
      175 21 As at 9am Dec 11 Dec 11 fer Overnight 1-month 2-months 3-months Overnight mode: 1/8 ys$ 1/4 3/4 7/8 15/16 Offer 1/8 1/2 5/8 11/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months &gt;—■. I. $Au 0.50 1.50 2.20 2.30 2.70 2.80 2.90
      175 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 21 Dec 11 STI IIMSCI Dec 219.5 222.5 218.5 "aiwan Dec 177.9 178.8 178.1 Source: MF Global (S) He. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      24 21 Dec 11 S! Bid Offer 1-month 1.4897 1.4910 2 months 1.4882 1.4899 3 months 1.4865 1.4882 6-months 1.4824 1.4844 Source: OCBC
      24 words
    • Article
      Lock icon PALM OIL
      60 21 Dec 11 lelivery lonth Opening Range Sett Av Price Price Hi Vol Open Done Position Low }ecO8 1600 Ian 09 1599 :eb09 1597 War 09 1598 FotaI o/p: ***** contracts 1620 1630 1600 253 1255 1645 1657 1580 973 ***** 1644 1658 1580 5325 ***** 1638 1658 1584
      60 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      297 21 Dec 11 URODOLLAR FUTURES DecO8 VlarO9 unO9 iepO9 98.1000 98.3550 98.4100 98.3800 5331 ***** 4111 2891 EUROYEN TIBOR FUTURES DecO8 99.100 99.100 VlarO9 99.225 99.240 unO9 99.285 99.285 &gt;epO9 DecO9 VlariO un10 &gt;ep10 99.100 99.225 99.285 99.100 99.240 99.285 99.330 99.320 99.225 99.165 99.140 2114 69 170
      297 words
    • Article
      Lock icon SICOM FUTURES
      193 21 Dec 11 (UBBtK Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l (lots) Ian 09 106.9 =eb 09 110.5 VlarO9 113.0 &lt;\prO9 115.0 VlayO9 115.5 lunO9 116.0 106.9 110.5 113.0 115.0 115.5 116.0 106.9 110.5 114.5 117.0 117.0 117.0 12 8 8
      193 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 21 Dec 11 'eriod Issue code Maturity Yesterday's Bid Hi&lt; Day's |h Low I-Month BQ*****Z 12.03.09 -Year BY*****V 02.11.09 0.67 0.79 3OVERNMENT BONDS &gt;eriod Issue Coupon Maturity code rate Close Bid Hio Day's cjh Low !-Year NXOO1OOT 4.625 i-Year NXO31OOZ 2.250 '-Year N*****0S 2.875 0-Year NY*****A 4.000 5-Year NY*****X
      88 words
    • Article
      Lock icon CHICAGO BOT
      102 21 Dec 10 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 09 829.50 813.00 841.50 823.00 Mar 09 834.75 818.25 846.00 828.50 May 09 844.50 827.75 855.00 840.00 Jul 09 854.00 837.75 860.00 848.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 30.59 29.54 30.92 30.08
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 21 CRUDE OIL PRODUCTS Dec 10 origin^ t/barrel Close Cham irent blend (1-Mth F) 43.80 -0.5: WTI (Near Mth) 43.82 1.6: iubai (1-Mth F) 41.07 -0.11 "apis blend 44.30 -0.1! i/linas 39.60 -0.4! &gt;RODUCT JS$/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene 29.00 57.75 -1.6! -0.5! US$/barrel )pec Oil Basket Price
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      447 21 Dec 11 iuro 'en (on 'eso lam 'ouni Australia 0.828 4.538 0.504 5.133 32.126 72.848 0.613 8.996 2.363 1.207 52.119 31.603 0.987 6.702 0.788 22.054 23.248 0.442 0.662 Canada 1.208 5.480 0.609 6.198 38.796 87.972 0.740 10.864 2.853 1.458 62.940 38.164 1.192 8.093 0.952 26.633 28.075 0.534
      447 words
    • Article
      Lock icon SIBOR
      77 21 Dec U 1 mth 1.***** 0.***** 2 mths 1.***** 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 3 mths 2.***** 0.***** 6 mths 2.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 2.*****
      77 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 21 Dec 11 Against SS lurrencies Bid Offer Against USS Bid Offer &gt;$IUS$ to one unit of foreign currency: Australian dollar 0.9865 0.9881 0.6620 0.6625 'anadian dollar 1.1915 1.1930 0.7996 0.7999 iuro 1.9563 1.9581 1.3128 1.3129 IZ dollar 0.8171 0.8185 0.5483 0.5488 jterlini ind 2.2316 2.2341 1.4975 1.4980
      154 words
    • Article
      Lock icon PRECIOUS METALS
      131 21 Dec 11 /oz) tec tec Hong Kong .ondon 778.70 812.00 779.70 813.00 Dec 09 Dec 10 767.80 804.40 769.80 806.40 Source: Thomson Reuters CAST BAR (S$) Dec 11 Buying Sellini Kilobar "41,655.10" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm iOgm OOgm oz ozUBS Kinebar™
      131 words
    • Article
      Lock icon LONDON METALS
      61 21 ,luminium, 99.7% urity (US$/tonne) Close Previous :ash 1483.20 months 1526.00 1466.50 1512.00 Copper, Grade A (US$/tonne) :ash months 3272.50 3305.00 3171.80 3200.00 .ead (US$/tonne) :ash months 981.80 990.00 958.00 970.00 lickel (US$/tonne) :ash months *****.00 *****.00 9278.00 9400.00 'in (US$/tonne) :ash *****.00 *****.00 months *****.00 *****.00 inc, Special
      61 words
    • Article
      Lock icon LIFFE
      66 21 Dec 10 (£/tonne) Close Prev Hii ih/Low Dec 08 1825 1756 1819/1746 War 09 1625 1556 1626/1552 Way 09 1620 1555 1620/1558 ul 09 1631 1566 1631/1569 IOFFEE (US$/tonne) Close Pev High/Low Ian 09 1887 1900 1915/1871 SUGAR (US tonne) White Close Prev High/Low 1ar 09 318.7 308.2 320.0/305.0
      66 words
    • Article
      Lock icon BONDS & WARRANTS
      2578 21 BONDS WARRANTS Pel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left &gt;058AdvanceModulesGrpW*****3 6 susp &gt;036AdvanceSCTLtdW*****9 0.5 3092 Asia Environment W*****4 2 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
      2,578 words
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      2416 22 m The Business Times Shipping Times M gCT^ffTnjTffrffTOTffldllffiM fclf WAN HAI INTERNATIONAL PTE LTD crnon69S92oooo/r V__ II ■■iMiffil^^^Bk^jljtMWJlgam IVTTTV llfftll 11*1 hupa TEL *****588 (14 LINES) FAX: *****163 V V^^^TirT^^^S EhH EMBaMsE IVXNNWAN HAI INrN C«l»inerSmi&lt;e/Bookings Direct line-(1800)6mi200 A A l"!^*!* I I fffiBBIM HBBBI8! I\\ I Itllll I I
      2,416 words
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      Lock icon Page 23 Advertisements Column 1
      3157 23 RICKMERS-LINIE ww **^Hdp-hih-i^., [f^fT EASTERN CAR LINER, LTD I QG^lf^^ uSr gk'BU'k/PrOieCt/SOC COnVen"Ong' SerV'Ce- WebS"e: ~Htk—^- f-i-J spec.al.ze IN RORO heavy l.ft »PTO 450 tonTI WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov ~l SIN I ALT I HOU I NEW I JAX I ORF I PHL I MOB I NEN
      3,157 words
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      5250 24 11 II- J A MnCDCtSn Tel: 65-*****907 Fax: *****917 I ™™1 jmM El A" 70 sh^way, #2,-03 iK sSsftffl I iftL GLORY NAVIGATION GROUP I »^;«HIII!BIWiHPiiPIiIiHM MMI Hi NORTH WEST EXPRESS LINE ®,£*m%k&lt;*% «WS*l MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [lilts AtE ABBIVaL [laIES SINCE 1970 SSSpS 5 I
      5,250 words
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      125 25 I I GETY()UR COPY OF TUNE XN TO teW^| BIGGEST HITS at?-eleven OF THE 90'S Bp chhbs BBiywN wPPH fa» TILL NOW! i^k v .^^P^. i^L Now you can pick up your copy of M IJLTI fliy tabla! at any of the 431 7-Eleven outlets islandwide, including the 61 at
      125 words
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  • Page 26 Miscellaneous
    • Miscellaneous
      Lock icon Page 26 Miscellaneous Column 1
      293 26 W* ~mif iJ&M ty'l-- t«iilitt_f -rs s-'t-- l' l _Jibf |i'i't i_T P"' 1 i_l__y|l_H^J '_M'l 'i iiV^- "*^K MLH-I THE fourth annual international Guitar Competition X %J? fsW ■/J f Part °^me International Guitar Festival -is here Jt Jjl r and the stakes are higher. The first prize winner
      293 words
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  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      291 28 CRYPTIC CROSSWORD ACROSS 7 US on move turning deadly 9 Socialist admitting public's I beaten (6) j 10 Stab producing blood (4) W^ 11 Darling's opportunity with smooth retreat (10) j 12 Claret or port producing leth- VH HHHHB HH HH HH BH 14 Fitted leotard I fancy (8) ill
      291 words
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      568 29 mil BV I 9l\ B«&lt;al#«lr aiIAA* r-]rmm~ Charge your overseas purchases to your DBS Platinum Credit Card from g jYJ 3D Bangkok frsl99 Charge a minimum of now^, 31 Dec 08 and to win the Best Seats lnTownl I! K^/^iMi HWI Free ECISy frsl40 A 552,000 tO your DBS Platinum
      568 words
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  • executive lifestyle
    • Coonia connection
      • Article, Illustration
        Lock icon Dream space turned into dazzling eatery
        799 30 WHEN Hong Kong F&B entrepreneur Calvin Yeung was looking out for business opportunities in Singapore, he was taken to One Fullerton to check out a unit there. But the chef-turned-creative mastermind behind hip eateries such as Shui Hu Ju, 0 Sip Hah and Shu
        YEN MENG JIIN; I PHOTOS: YEN MENG JIIN  -  799 words
      • Article, Illustration
        Lock icon Capella Singapore mixes the old with the new
        740 30 THE iconic British architect Norman Foster is perhaps associated more with designing high-tech buildings (think Hongkong and Shanghai Bank in Hong Kong, Beijing's new airport terminal or even Singapore's Supreme Court) than restoring old ones, but he is also responsible for some
        TRISTON/TRI-ANGLES  -  740 words
    • WINE/SHOPPING
      • Article, Illustration
        Lock icon Margaux as marve ous as ever
        1161 25 Despite the difference in wine style over time, what comes through are the splendour, elegance, finesse and integrity. N X YONG reports NO OTHER Chateau in Bordeaux exemplifies the splendour and grandeur of Bordeaux. It is undoubtedly the magnificent Chateau with its splendid columns
        1,161 words
      • Article
        Lock icon Recession drives luxury shopping underground
        946 25 -NYT [NEW YORK] Only a year ago, Maggie Buckley might have indulged a craving for, say, satin opera gloves or python sandals with a quick trip to Saks or Bergdorf Goodman. But now, in these recessionary times, she tends to avoid such public sorties. "Shopping
        -NYT  -  946 words
    • ARTS/PROFILE
      • Article, Illustration
        Lock icon Galleries with a greater cause
        808 26 CharKOL in Mandai and fill-your-walls near Chinatown try to take on a wider social purpose, reports CLARISSA TAN TWO new art galleries in Singapore stand pretty far apart; one's in the heart of the city near Chinatown, the other out in Mandai, close to the
        808 words
      • Article, Illustration
        Lock icon Writing from the edge
        710 26  -  CLARISSA TAN By A 19-year-old girl meets a man whose tongue is literally forked. She, too, wants a split tongue and is prepared to go through the bloody procedure. She gets involved with the man while having an affair with a tattoo artist. The sex is
        710 words
      • Article, Illustration
        Lock icon A passionate student of information
        901 26  -  By CLARISSA TAN NIK Gowing is sitting at the lounge of the Intercontinental. He has spent the morning taping for the BBC World Debate, which is being held in Singapore for the first time. He has flown in from London, where he had flown in
        901 words
    • BOOKS
      • Article, Illustration
        Lock icon A moveable feast
        1623 27  -  PARVATHI NAYAR JOSEPHINE CHEW By and COFFEE TABLE BOOKS ART By Andrew Graham-Dixon Dorling Kindersley, $80 It calls itself "the definitive visual guide" and with 612 pages that investigate over 2,500 artworks from around the globe, Art is exactly that. This comprehensive tome has a contemporary spin,
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    • CINEMA
      • Article, Illustration
        Lock icon What planet is he on?
        628 28 Director Scott Derrickson has miscalculated with The Day The Earth Stood Still, says JAIME EE GONE are the good old days when an alien could land on Earth, knock on the nearest door and say, "Take me to your leader". Gone too are their elliptical
        628 words
      • Article, Illustration
        Lock icon Beating the drum for indie cinema
        647 28  -  GEOFFREY EU By IN The Visitor, writer-direc-tor Tom McCarthy tells the story of a man who might charitably be described as dishwater dull and whose life appears to be about as fascinating as the tax code, yet he tells it so adeptly and with
        BLOOMBERG  -  647 words
      • Article, Illustration
        Lock icon A visual triumph for Zvyagintsev
        396 28  -  DVD REVIEW AMANDA DE GUZMAN VISUALLY arresting and emotionally labyrinthine, The Banishment is promising Russian director Andrei Zvyagintsev's ambitious sophomore effort. While this movie's bleak exploration of familial complexities picks up from where his very successful art house debut, The Return (2003), left off, it
        396 words
      • Article, Illustration
        Lock icon Smells like teen spirit
        426 28  -  AMANDA DE GUZMAN By NICK and Norah's Infinite Playlist is that rare thing: an easy teenage film that doesn't insult your intelligence. Yes, it may wander; it may lack substance and grace. But so do its self-conscious, teenage characters, and it is these shared qualities that
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    • MUSIC/GAMING
      • Article, Illustration
        Lock icon Lutenist content to play second fiddle
        836 29 But Edin Karamazov is very much his own artist, reports CHRISTOPHER LIM HEN fans forked out as much as $600 a ticket to watch Sting go classical at the Esplanade on Monday night, it was primarily to watch the frontman of The Police, even
        836 words
      • Article, Illustration
        Lock icon Lara Croft retains core appeal in Underworld
        505 29  -  CHRISTOPHER LIM By ONE of computer gaming's most famous foxes is back jumping, swinging and shooting her way through tombs, jungles and all manner of exotic and inhospitable environments. The first thing that you'll notice about Tomb Raider Underworld is how gorgeous it
        505 words
      • Article, Illustration
        Lock icon Saying new things with old works
        814 29  -  CHRISTOPHER LIM CD REVIEW The Berlin Concert Simone Dinnerstein Telarc Rating: A Chopin: The Piano Concertos Lang Lang Deutsche Grammophon Rating: B+ Sacred Arias Katherine Jenkins Universal Rating: C+ Incanto Andrea Bocelli Decca Rating: B IT'S hard to find a great deal of novelty
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  • Page 30 Miscellaneous