The Business Times, 16 December 2008

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

Total Pages: 34
1 34 The Business Times
  • 23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 197/08/2008 Tuesday, December 16,2008
    23 words
  • 783 1 Reuters, Bloomberg Used to double-digit growth, China could see pace sink to 5% in 2009 from 9.7% this year, says IMF [LONDON] The International Monetary Fund said yesterday that Chinese growth could almost halve next year as a global downturn sucks in the
    Reuters, Bloomberg  -  783 words
  • 777 1  -  CONRAD TAN Industry faces crisis of confidence; HSBC, RBS, Nomura among scamster's victims By [SINGAPORE] The list of firms and rich people caught up in an alleged US$5O billion fraud by US money manager Bernard Madoff grew longer by the hour yesterday, as investors worldwide
    777 words
  • MARKETS DIGEST
    • 29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 6.51 HONG KONG 5.00 INDONESIA 16.710 TAIWAN 6.316 JAPAN 1.675 KOREA 9.33 BRITAIN 2.00 US 4.00 CANADA 3.50 SWITZERLAND 2.04 INDIA 13.00 Source:
      Bloomberg  -  29 words
    • 42 1 1COMP 846.47 -5.80 IIKKEI225 8,664.66 +428.79 IANG SENG 15,046.95 +288.56 ;et index 437.06 +12.27 JAKARTA COM P 1,359.28 +96.31 IANILACOMP 1,913.26 +19.52 ;eoulcomp 1,158.19 +54.37 ;henzhen b 274.86 -1.18 IUMBAI IND 9,832.39 +142.32 11AM EST Change )OW 8,518.73 -110.95 IAS DAI
      42 words
    • 42 1 IS$ (S$ per US$) 1.480 (US$/S$ per 1.503 2.224 ;URO (US$/S$/E) 1.344 1.988 Foreign currency per US$ S$ 'EN 90.90 61.50 3.560 2.406 IK$ 7.750 5.238 !AHT 34.91 23.59 lUPIAH 11,125 7,519 1ENMINBI 6.850 4.630 INDIAN RUPEE 48.05 32.47 1.499 1.013
      42 words
  • Page 1 Advertisements
    • 143 1 V 111 A a y\ y\ The Patravi Chronograde in stainless steel featuring chronograph, flyback function, big date, annual calendar, power reserve indication and a retrograde hours totalisator is a perfect lART P liTTr^T-TPRPR example of Carl F. Bucherer's unique philosophy. As an independent family business in V-trilVLi J. LJ\JKjin.
      143 words
    • 3 1 8 *****1 *****4
      3 words
  • Page 1 Miscellaneous
    • 105 1 PROPERTY OPINION Mmww^^ SINGAPORE ART OF WAR I —I Legoland M'sia seen Singapore's role in B^KBSbP/j Developer sales perk up Zap for Sun Tzu's strategies! HESSM tapping govt loan China's reforms IlBn" i with new launches Win an Epson wireless PAGE 34 PAGE 27 IHhI Ml PAGE 2 projector! PAGE
      105 words

  • TOP STORIES
    • 601 2  -  ANTHONY ROWLEY BOJ survey shows inventories piling up for manufacturers By in Tokyo BUSINESS sentiment in Japan has crashed to its lowest level in nearly seven years, the Bank of Japan (BOJ) revealed yesterday in its latest quarterly survey of business
      I_J REUTERS  -  601 words
    • 733 2  -  ARTHUR SIM Launch momentum may continue; price becomes key factor to move sales By [SINGAPORE] The launch of new developments helped pull up developer sales to 192 units in November, up from just 112 units in October. The number of units launched by
      733 words
    • THREE-MINUTE DIGEST
      • 72 2 THE International Monetary Fund said yesterday Chinese growth could almost halve next year as a global downturn sucks in the biggest emerging economy. At the same time China said its industrial output grew at the slowest pace since 1999 while Japan reported its
        72 words
      • 98 2 THE list of firms and rich people caught up in an alleged US$5O billion fraud by US money manager Bernard Madoff grew longer by the hour yesterday, as investors worldwide scrambled to assess the damage from the biggest ever scandal to rock the global financial
        98 words
      • 86 2 THE launch of new developments helped pull up developer sales to 192 units in November, up from just 112 units in October. The number of units launched by developers increased from 159 units in October to 382 units in November. Urban Redevelopment Authority's
        86 words
      • 85 2 THE global trade talks, which started in Doha in 2001, may be going nowhere, but free trade agreements between countries are on track. Yesterday, in this capital city of Qatar, Singapore inked a free trade deal with six key Arab
        85 words
      • 84 2 SINGAPORE Airlines Cargo will vigorously defend allegations by the New Zealand Commerce Commission that it, together with several other global airlines, have engaged in cartel conduct. An SIA Cargo spokesman said this in response to news reports which said that New Zealand's
        84 words
      • 56 2 KEPPEL Corporation said yesterday that it has won two contracts worth $120 million for environmental projects based in Guadeloupe and Honduras through its unit. Keppel Integrated Engineering said that it would design a waste-to-energy plant in France's Guadeloupe for a Spanish construction group and the
        56 words
      • 86 2 PROPERTY and hospitality group Low Keng Huat (Singapore) yesterday reported a net profit of $12.95 million for the third quarter ended Oct 31, 2008 more than treble the $3.75 million for the previous corresponding quarter. Higher earnings came on the back of a near
        86 words
      • 57 2 SINGAPORE'S overall unemployment rate remained 2.2 per cent in the July-to-September 2008 quarter, unchanged from the previous quarter, according to the latest labour market report from the Manpower Ministry released yesterday. Preliminary data released on Oct 31 had also put the jobless rate at
        57 words
      • 80 2 SHARES in China Construction Bank, the country's most valuable lender, slid more than 4 per cent yesterday even after Bank of America poured cold water on a local newspaper report it planned to unload its stake in the Chinese bank at a
        80 words
      • 61 2 WHETHER it's a Tiffany diamond or a three-year-old lawnmower, more and more Americans from all social classes are pawning their possessions to make ends meet. Pawn shop owners see strong business across the country, even in unexpected locales such as Beverly
        61 words
    • 443 4  -  VINCENT WEE First time in 7 years that TEUs are lower than previous year By [SINGAPORE] The writing was on the wall from the figures coming out of the major container shipping lines and it was only a matter of time before
      443 words
    • 844 4  -  CHUANG PECK MING Savings will be hefty as just 10% of 2007 domestic exports to Gulf were tariff-free By in Doha THE global trade talks, which started in Doha in 2001, may be going nowhere, but free trade agreements
      1 I CHEW SENG KIM/THE STRAITS TIMES  -  844 words
    • 510 4  -  EMILYN YAP Senior management will see base pay shrink by up to 35%; stock price rises By [SINGAPORE] Parkway Holdings has become the latest company to cut jobs and wages amid the global economic slowdown, with the healthcare group's senior management taking significant salary cuts
      510 words
  • Page 2 Advertisements
    • 351 2 Forms IRBA/IR2I Workshop 2009 Date I Forms IRBA (Return of Employee's Remuneration) Monday, 19 January 2009 I Jk and IR2I (Notification of a Non-Citizen Employee's I Cessation of Employment or Departure from I ime I Singapore) are important statutory tax returns that 1.30pm-5.30pm I I employers are required to accurately
      351 words

  • Page 3 Advertisements
    • 233 3 MITSUBISHI ELECTRIC Changes for the Better Mitsubishi Electric^^^ J Air-Conditioner A MITSUBISHI ELECTRIC i i I ENERGY EFFICIENCY RATING B Energy Consumption kWh per hr Cooling Capacity: 9.01 kW MITSUBISHI ELECTRIC Split type (inverter) air-conditioner MXY-4A3BVA Tested in accordance with JIS C 9612 Actual energy consumption may vary from test
      233 words

  • Page 4 Advertisements
    • 952 4 X^l V^>/ jL jL^^jLiJ Toll free: 1800-289-8822* Email: notices@sph.com.sg www.cats.com.sg feeautychma BEAUTY CHINA HOLDINGS LIMITED ISDN HOLDINGS LIMITED (Incorporated in the Cayman Islands) (Incorporated in the Republic of Singapore) (Company Registration No. *****4) (Company Registration Number: *****6788Z) (the "Company") NOTICE OF EXTRAORDINARY GENERAL MEETING N°TICE °F EX™°RDINARY GENERAL MEE™G NOTICE
      952 words

  • COMPANY NEWS
    • 502 5  -  YEN SREENIVASAN Anti-trust body has begun legal action against many carriers: reports By SINGAPORE Airlines Cargo will vigorously defend allegations by the New Zealand Commerce Commission that it, together with several other global airlines, have engaged in cartel conduct. An SIA Cargo
      ss FILE PHOTO  -  502 words
    • 141 5 Bloomberg [SINGAPORE] Singapore Airlines, the world's largest carrier by market value, reported its biggest slump in traffic in more than five years as a global recession cuts travel demand. Passenger numbers slid 6.1 per cent last month to 1.54 million, the airline
      Bloomberg  -  141 words
    • 618 5  -  R SIVANITHY YOU'D have to wonder has Wall Street fully digested the enormity of Bernard Madoff s alleged US$5O billion hedge fund fraud? In days to come, the term "Ponzi scheme" is surely destined to become a familiar one among stock market circles, as
      618 words
    • 456 7  -  LYNETTE KHOO By 810-TREAT Technology's entire group assets have now been pledged in favour of Precious Wise Group following the lender's serving of a notice of default relating to a HK$36O million loan facility. The Chinese water-treatment company said this in an update on
      456 words
    • 344 7  -  JAMIE LEE Environmental projects in Honduras and France's Guadeloupe By KEPPEL Corporation said yesterday that it has won two contracts worth $120 million for environmental projects based in Guadeloupe and Honduras through its unit. Keppel Integrated Engineering (KIE) said that it would design a waste-to-energy
      344 words
    • 276 7  -  LYNETTE KHOO By NEL Group said yesterday its audit committee (AC) has engaged Ernst Young Risk Advisory Services to conduct a special review of certain transactions of the group. The transactions were allegedly part of the "round-tripping" deals used by Singapore-listed Advance
      276 words
    • 427 8  -  EMILYN YAP Nine-month earnings double; higher development profit from associate firms By PROPERTY and hospitality group Low Keng Huat (Singapore) yesterday reported a net profit of $12.95 million for the third quarter ended Oct 31, 2008 more than treble the $3.75 million for the
      427 words
    • 308 8  -  EMILYN YAP By ECONOMIES need to invest in knowledge-driven sectors such as education and healthcare to raise competitiveness and Singapore fares well in this aspect, says the Credit Suisse Research Institute. And the think tank's list of 20 stocks, which includes Singapore's Raffles
      308 words
    • 382 8  -  VINCENT WEE By SEMBCORP Marine continues to build its portfolio of stable, repair and maintenance contracts with the signing of an evergreen favoured customer contract (FCC) with International Gas Transportation Company (IGTC), to provide repairs, upgrades and other marine services for its fleet of seven
      382 words
    • COMPANY BRIEFS
      • 96 8 ACE Achieve Infocom Limited, a provider of customised tele communications solutions in China, said yesterday that net profit for the six months ended Oct 31, 2008 leapt to 6.59 million yuan (Ssl.4 million) from 5.56 million yuan a year ago. Total revenue
        96 words
      • 101 8 BANYAN Tree Holdings said that its 50 per cent joint venture company, Seychelles Tropical Resorts Holdings Limited, has agreed to sell a 68,830 square metre freehold parcel of land at Intendance, Mahe, Seychelles, for US$l3.3 million. The deal is conditional on the buyer
        101 words
  • Page 5 Advertisements
    • 105 5 I WANT TO PROTECT MY DATA 3x better data protection with Solid State Drives*. Free Fall Sensor". Strike Zone shock absorbers. THE NEW LATITUDE" Enjoy fantastic upgrade options on selected Dell™ Latitude™ E laptops, j I including a Free HDD upgrade and special pricing on Dell™ accessories/ I peripherals and
      105 words
    • 109 5 SSI HI HP jm ■JgH www.servcorp.com.sg I Everything But The Overheads..' I From $99* per month! jP. No set up fees, no security deposit, month to month flexibility Prestigious address for your business cards and letterhead Access to over 300 boardrooms and meeting rooms, locally internationally book online in real
      109 words

  • SINGAPORE MARKETS
    • 597 6  -  R SIVANITHY STOCKS UOB's 46-cent rise to $13.28 was the STl's largest mover with a seven points contribution THE Straits Times Index's fortunes were dictated yesterday by Hong Kong (and by extension, developments in China) as well as expectations of more US
      : Bloomberg  -  597 words
    • 93 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 6 5 3 0 0 0 6 5 3 lanufacturing 58 33 54 61 37 59 Commerce 16 13 16 17 15 20 'pt/Stor/Comms 24 10 24 11 :inance 19 11 19 11 Construction 'roperties 19
      93 words
    • 110 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 70,069 70,069 93,480 93,480 lanufacturing 181,614 12,072 193,686 115,829 1,398 117,227 lommerce 58,443 5,930 64,373 57,265 947 58,212 'pt/Stor/Comms 84,701 150 84,851 126,480 126,486 :i nance 22,665 22,665 182,551 182,551 lonstruction 33,766 1,300 35,066 3,209 18 3,227 'roperties 62,722
      110 words
    • 106 6 lapitaLand 2.850 +0.110 lapitaMall 1.610 +0.080 jtyDev 6.140 +0.120 losco Corp 1.090 +0.090 IBS Grp 10.100 :&N 2.850 +0.070 ient Intl 0.450 +0.025 iolden Agri 0.225 +0.010 IK Land 2.600 +0.160 IMH 16.600 -0.060 ISH 8.950 -0.020 lardineC&C 9.800 -0.080 Ceppel Corp 4.350 +0.160 Ceppel Land
      106 words
    • 261 6  -  LYNETTE KHOO SIA Engineering Dec 15 close: $2.07 CIMB-GK, Dec 15 ASIA-PACIFIC maintenance, repair, overhaul (MRO) less affected by slowdown: Capacity cuts are more rampant in North America with a higher number of less fuel-ef-ficient aircraft being grounded and the abrupt cessation of operations by low-cost carriers. Although
      261 words
    • 250 6  -  KEN TAI, CHARTPOINT WE maintain our positive view on the sustenance of the Straits Times Index's (STI) bear rally following last week's push to 1,844 points. Momentum has not waned as monetary easing continues to shore up liquidity in financial markets. Notably, the likelihood of a
      Bloomberg  -  250 words
    • 528 6  -  LARRY WEE CURRENCIES FOR a second consecutive Asian session, the US dollar extended its losses across the broad front yesterday, all but brushing aside news that Wall Street managed to finish in positive territory last Friday. Traders reported that reluctance to buy
      Reuters  -  528 words
    • 4 6 DAILY
      4 words
    • 59 6 Dec 15 VALUE CLOSE IT OB/OS 252.00+45.0C IT CADI -*****.00 +83.0i IT 10-day MA -*****.00 +26.0i TSE ST Mid Cap 350.63 +9.0' TSE ST Small Cap 293.92 +3.2 TSE ST All Share 423.47 +8.4i TSE ST China Top 189.01 +4.8' TSE ST China 190.74 +4.0 IOB Catalist
      59 words
    • 59 6 VOLUME RafflesEdu 101,990,000 Golden Agri 55,315,000 Gallant 36,297,000 Biosensors 24,210,000 Cosco Corp 23,518,000 Noble Grp 23,271,000 ST Enqq 21,473,000 Gent Intl 20,768,000 Sing Tel 18,790,000 IndoAqri 16,691,000 VALUE(S) DBS Grp 70,909,476 RafflesEdu 59,650,570 UOB 53,091,900 Sing Tel 49,842,440 ST Engg 49,271,700 SGX 25,618,620 Keppel Corp 25,482,630 Cosco
      59 words
    • 103 6 CLOSE UP 8184 204.1 LD 10US$ 1. ;txpo ioo 937 87.0 10., :iMBAsean40 100US$ 510 51.8 7.. IOB 1328 46.0 3.' India Ni 10 937 37.0 4.1 China H 10US$ 1044 32.5 2., iBS Bk6% NCPS 10 9330 30.0 0. ilA 200 1110 28.0 2.' ISMSCI India 100 359
      103 words
    • 114 6 CLOSE DOWN OCBC Bk5.1%NCPS 100 8890-110.0 -1.2 OCBCCai 5.1%NCPS 100 8550 -50.0 -0.6 Caj ilandRBeCW***** 13 -24.5 -65.3 Broadwa' 36 -21.5 -37.4 Mala' ia 10US$ 444 -14.8 -2.2 Caj ilandRBeCW***** 4 -10.5 -72, KS Enen 95.5 -9.5 -9.0 SPC 214 -9.0 -4.0 Soilbuild 50 -9.0 -15.3 JMH 1660 -8.9
      114 words
    • 86 6 Dec 15 CLOSE CHNG FR Dec 12 YR2008 S$ LOW S$ HIGH USS 1.4788 0.97 1.5346 1.3457 Euro 1.9912 -0.35 2.2064 1.8640 Pounds 2.2152 0.23 2.8431 2.2111 AS 0.9837 -0.87 1.3251 0.9068 Yen* 1.6335 1.22 1.6899 1.2619 Rupiah* 0.***** 1.20 0.***** 0.***** Baht* 4.2385 0.51 4.4299
      86 words
  • Page 6 Advertisements
    • 104 6 m^m^ "RlD'i: Ti I "iriVl/VRK:! I' VOIATIIITY The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and needs. CFDs are leveraged products and have the potential for both significant gains as well
      104 words

  • Page 7 Advertisements
    • 288 7 SALE OF LAND BY RECEIVERS AND MANAGERS Offers are invited for the purchase of a parcel of development land held under GRN *****1 Lot 6360, Mukim of Kulai, District of Kulaijaya, Johor measuring 0.7097 hectares with an indicative price of RM2,180,000.00 belonging to Premier Innovations Sdn Bhd In Receivership (Company
      288 words

  • Page 8 Advertisements
    • 348 8 PTCTJ^^ il^4 r i' :f"" I V Charting your course N^n ever-changing conditions. Navigating through turbulent times calls for expertise the kind that comes with over 140 years of financial services experience. At ÜBS Wealth Management, we are dedicated to helping you achieve your investment goals. Our Strategic Asset Allocation
      348 words

  • SINGAPORE NEWS
    • 483 9  -  LEE U-WEN MOM figures show the rate remains at 2.2%, similar to previous quarter By SINGAPORE'S overall unemployment rate remained 2.2 per cent in the Ju-ly-to-September 2008 quarter, unchanged from the previous quarter, according to the latest labour market report from the Manpower Ministry
      9 FILE PHOTO  -  483 words
    • 272 9  -  CHEW XIANG By FORMER Commercial Affairs Department director Glenn Knight is joining law firm Colin Ng Partners as a partner in its dispute resolution practice group, the firm said yesterday. His areas of practice will include civil and commercial litigation, corporate and securities law
      272 words
    • 377 9  -  lAMIE LEE ByJ THE proportion of companies in Singapore that are cutting back on pay hikes has more than quintupled to 97.1 per cent in the eight months ended November, according to a survey by consultancy Hay Group. But the proportion that is
      377 words
    • 341 9  -  NISHA RAMCHANDANI By DRAGGED down by an 18.7 per cent fall in motor vehicle sales, retail sales declined by 3.6 per cent year-on-year for October, according to data from the Department of Statistics. Excluding motor vehicles, the retail sales index rose by 3.1 per
      341 words
    • 342 9  -  JAMIE LEE By A NEW renewable energy trust backed by global conglomerate GE has been set up with the aim of managing US$25O million worth of investments in Asia-Pacif-ic within the next five years. The fund managers GE Energy Financial Services and renewable
      342 words
    • 270 9  -  NISHA RAMCHANDANI By SINGAPORE is confirmed as the location for the first Asian advertising festival Spikes Asia when it is launched next year. The three-day festival is a joint venture between lAF organisers of the Cannes Lions, Dubai Lynx and Eurobest and
      270 words
    • 282 9 SINGAPORE will be among the world's 10 slo we st-gro wing economies in 2009, according to the Economist Intelligence Unit's latest forecasts. Of course, none of those 10, nor the next 10 slowest, will actually be growing their GDP is
      282 words
  • Page 9 Advertisements
    • 120 9 Widely popular among divers, rugged sports enthusiasts, pilots and the military people, Lummox makes Its technology available In sophisticated durable timepeices that weather any The ultimate Swiss self-powered illumination system that glows without the need to push a button or expose to light Glows continuously for more than 25 years
      120 words
    • 8 9 MUSIC i r ONLY ON TOOIV'S BEST MUo-C
      8 words

  • SME Financing
    • 1299 10 Survey highlights a need for more efforts to make government financing programmes known, reports cheim huifeim DESPITE efforts made by the government to provide more financing options for entrepreneurs in the past several years, few small and medium-sized enterprises (SMEs) actually use them and more still
      1,299 words
    • 1443 12 There are a number of issues for an SME to consider before registering for GST, say koh soo how and eudora lee FINANCE Minister Tharman Shanmugaratnam has announced that companies can expect to get help with their costs and cashflow in next year's Budget
      1,443 words
    • 482 12 101 guide to Government Enhanced Financing Schemes IH§ft||l|l SEHB1HI IKIsmBS What should a business Bank statements Bank statements Bank statements Audited accounts or owner prepare before coming 2 years audited financials or 2 years audited financial or Last 3 years of audited certified financial statements to the bank
      482 words
    • 1117 13 Govt schemes it's still early days There has been mixed reaction on whether the enhanced business financing package offered by the government is effective in helping SMEs, cheim huifeim reports IT is still early days in gauging the total effect of the business financing package offered by the government, but
      1,117 words
    • 667 13 Q: I missed the details on the government's $2.3 billion financing package to help Singapore businesses tide over the credit crunch. Where can I go for more information? Information on the schemes can be found on the Enterprise One website at www.business.gov.sg, Spring Singapore at www.spring.gov.sg, and
      667 words
    • 1639 14 With banks still risk-averse due to the market turmoil, more industry-specific support is the need of the hour Rajiv Singh Managing director Synergic Industrial Materials Services Pte Ltd CURRENTLY, most banks are confining themselves to managing existing portfolios and if I'm not mistaken, not actively looking at
      1,639 words
    • 507 14 SINGAPORE'S economy is forecast to grow around 2.5 per cent this year, and -1.0 to 2.0 per cent next year. Competition will intensify, particularly for SMEs. Companies worldwide will likely cut back their spending and curtail their activities. Our SMEs too need
      507 words
  • Page 10 Advertisements
    • 230 10 Enhanced Business Financing Schemes The government is supporting an additional $2.3 billion in loans to help local firms gain access to credit in this current economic slowdown by: 7 increasing loan quantums O raising government risk sharing of O extending business financing I I loan defaults I \J schemes to
      230 words
  • Page 10 Miscellaneous

  • Page 11 Advertisements
    • 323 11 WjMM M Jt »i By BM^k.^ gl <r U L Jl %t —m, J| We have the resources and solutions to help SMEs build successful businesses. As your right partner, we understand that you may need an occasional helping hand in your journey to business success. Our collaboration with the
      323 words

  • Page 12 Advertisements
    • 146 12 small! BUSINESS OWNERS Take advantage of the millions of searches each month on the internet for'local" information rednano.s^p Singapore's Local search and directory engine Sign up for our SME Startup Package and grab customers from as Little as low as $2 a day Call 6319 8383 or email enquiry@rednano.sg for
      146 words


  • Page 14 Advertisements
    • 321 14 Suntec City Office Towers The Business Capital of Asia Efficient regular floor plates of 14,000 sq ft to 17,000 sq ft to accommodate large corporations 'fflffi&Wsk* Selected consecutive floors can be amalgamated to 29,000 sq ft Prestigious Business Address t **»*W Panoramic city, Fountain of Wealth and sea views TW
      321 words
    • 15 14 Call 6-594 7777 now for the Payroll Specialist PAYDAY! Payroll Serve time to relax www.PayrollServe.com.sg
      15 words

  • MALAYSIA/INDONESIA
    • 501 15 It's relying on telecommunications, consumer-related firms to borrow [JAKARTA] PT Bank Mandiri, Indonesia's largest fi-nancial-services company by assets, expects loans to increase by as much as 20 per cent next year as consumers and telecommunications companies continue to seek funds. Bank Mandiri's
      501 words
    • 282 15 Reuters [KUALA LUMPUR] Malaysia may freeze permits for foreign workers due to rising unemployment, the country's labour ministry said yesterday. State news agency Bernama quoted the DirectorGeneral of Labour, Ismail Abdul Rahim, as saying that a freeze was one of the ways that the government
      – Reuters  -  282 words
    • 184 15 ■Reuters [JAKARTA] A commodities boom has turned to bust during the three years that Indonesian lawmakers have squabbled over a law that is partly aimed at pushing mining firms to invest billions of dollars to process more minerals at home. A parliamentary panel is expected to
      ■Reuters  -  184 words
    • 592 15 Reuters [JAKARTA] Indonesian President Susilo Bambang Yudhoyono's policies on petrol prices and porn are unlikely bedfellows, but may win him the support of the masses and minority hardline Muslim fringe in next year's elections. Mr Yudhoyono, a reformist ex-general, on Sunday announced surprise cuts in
      – Reuters  -  592 words
  • Page 15 Advertisements
    • 201 15 ilk 1~ 1 V ife BB^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^JBBJ Bfl^^^^^^^^^^^^^^ Ba BHr T BB BB^^^ I II B^_ i 1 11 I A a |4n l^^^^^l^^^^^ 1 idAMLrlxflt* '^B unch HelpP^lint Your savings plan doesn't have to move just because you do. Zurich Help Point™ is here when you need more than just
      201 words

  • ECONOMY WATCH
    • 707 16 Bloomberg, AP,. Reuters Charter provides legal guidelines for economic, political integration [JAKARTA] The Association of South-east Asian Nations' charter, which sets out rules for the 10-country grouping including cutting trade barriers, came into force yesterday, with member states trying to integrate their economies further
      Bloomberg,; AP,.; Reuters; REUTERS  -  707 words
    • 545 16 Reuters [TOKYO] If Japan's experience is any guide, the historic plunge in US Treasury yields may deepen as the Federal Reserve's moves towards unconventional policy tools such as outright purchases of government bonds to revive the economy. As part of the
      ■ Reuters  -  545 words
    • 421 16 Bloomberg 10b euro injection to include private investors' funds [DUBLIN] Ireland's government may lead a 10 billion euro (Ss2o billion) bailout of banks after the collapse of the country's property boom and the global financial crisis depleted their capital. The government wants
      Bloomberg  -  421 words
    • 391 16 Bloomberg [NEW YORK] Bill Clinton was forced to abandon spending initiatives to boost the economy at the start of his presidency when advisers warned him that the borrowing needed to fund the programmes would push interest rates higher. President-elect Barack Obama may
      ■ Bloomberg  -  391 words
    • 384 16 NYT [PARIS] Every time a European radio station plays Do Wah Biddy Biddy, a 1964 hit by the British pop group Manfred Mann, former members collect a few pennies in royalties. Until last week, Tom McGuinness, who played the bass and the guitar in
      NYT  -  384 words
  • Page 16 Advertisements
    • 149 16 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
      149 words

  • GREATER CHINA/INDIA
    • 585 17 Reuters Speculation that US bank will cut stake hurts CCB's share price [HONG KONG] Shares in China Construction Bank (CCB), the country's most valuable lender, slid more than 4 per cent yesterday even after Bank of America (BOA) poured cold water on
      Reuters  -  585 words
    • 57 17 [TAIPEI] Passengers on the day's first direct flight from Shenzhen arrive at Sungshan Airport in Taipei yesterday. China and Taiwan started a new era of direct air and shipping services yesterday with planes and ships travelling directly across the Taiwan Strait, formally ending a nearly six-decade ban
      AP  -  57 words
    • 253 17 -AFP [BEIJING] President Hu Jintao has warned that the country faced a "grim" jobs situation next year, state media reported yesterday, as Asia's second biggest economy continues to slow. "Next year's employment situation, impacted by the global financial crisis, will be extremely grim," Mr Hu
      -AFP  -  253 words
    • 519 17 Reuters It will give state-run banks liquidity, help poorest regions [WASHINGTON] A US$l4 billion World Bank lending plan for India, the biggest ever by the global lender to Asia's third-largest economy, will help recapitalise state-run banks facing liquidity strains and
      – Reuters; AFP  -  519 words
    • 271 17 Bloomberg [HONG KONG] Run Run Shaw, the 101-year-old film mogul who helped fund Blade Runner, may offer to buy out Shaw Brothers (Hong Kong) Ltd after failing to sell his stake in the studio. An announcement will be made on "a possible
      – Bloomberg  -  271 words
    • 320 17 Bloomberg [HONG KONG] India may add to interest rate and tax cuts announced early this month as declining output and exports indicate that Asia's third-biggest economy is headed for a deeper than expected slowdown, a government official said. "The government is committed that
      Bloomberg  -  320 words
    • 404 17 Reuters Deal will let the venture underwrite stocks and bonds [HONG KONG] Macquarie Group Ltd, Australia's biggest investment bank, plans to set up a joint venture with China's Hengtai Securities in a move aimed at boosting its business in the country's capital markets,
      – Reuters  -  404 words
  • Page 17 Advertisements
    • 89 17 m> Fantasy Waterbeds Pte Ltd J "J/^ Where Sleep Matters. >ffl» $Q^ No Pain, HmJ More Sleep Gained With perfect lumbar, neck and back support, you <¥F can finally experience complete holistic sleep and all the benefits that come with it. tjmm\\\\\\\\\X\\\\a\\\\\\\\\\\\\\Xw\ "Visit our Fantasy Sleep Centre I for your
      89 words
    • 104 17 Our qualified professionals W/h can assist you with offshore J structures, shelf companies I^/nSI and incorporations in ALL jurisdictions including: .y-^g British Virgin Islands Cayman Islands Bahamas Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts for assets
      104 words

  • NBS-BT ROUNDTABLE
    • 2745 18 OVERVIEW GLOBAL financial markets have been severely mauled in the ongoing financial turmoil, pushing many countries, including the United States, Japan and Singapore, into recession. However, some experts are of the view that the market indices are unduly depressed and do not reflect the real
      2,745 words

  • ASIA-PACIFIC/WORLD
    • 498 19 -AP, Bloomberg MADOFF'S HOUSE OF CARDS Money management business operated alongside brokerage [NEW YORK] Federal investigators working through the weekend to unravel Bernard Madoff s alleged US$5O billion Ponzi scheme found evidence that he ran an unregistered money management business alongside his firm's
      -AP,; Bloomberg  -  498 words
    • 94 19 Some oi le Mai iggest cl lients 1 Fairfield Greenwich Group US$7.5b 2 3 Kingate Management US$3.5b Banco Santander US$3.1 b 4 Ascot Partners Most of its US$1.8b assets 5 6 7 Access International Advisors US$1.4b HSBC Holdings US$1 b Benbassat Cie US$935m 8 9 10
      94 words
    • 417 19 [SINGAPORE] As the previous millennium drew to a close, The Business Times wrote, among other things, of the greatest investment scam it had witnessed. "Ponzi" is now back in the news following the exploits of Bernard Madoff. Here are excerpts from our article on the fraud
      417 words
    • 593 19 Bloomberg, NYT [NEW YORK] Walter Noel's Fairfield Greenwich Group would have collected about US$l35 million in fees this year for peddling Bernard Madoff s investing acumen to clients from South America, the Middle East and Asia. The US$7.3 billion Fairfield Sentry
      Bloomberg, NYT  -  593 words
    • 391 19 AP.L LAT-WP [BANGKOK] Thailand's Parliament elected an Oxfordeducated economist as prime minister yesterday, shifting power from allies of exiled former prime minister Thaksin Shinawatra. Abhisit Vejjajiva, who heads the Democrat Party, gathered 235 votes against 198 by former national police chief Pracha Promnok, a loyalist
      AP.L; LAT-WP  -  391 words
    • 398 19 LAT-WP, i o Reuters [BAGHDAD] US President George W Bush looked slightly bemused after he ducked to avoid a shoe hurled at him. Iraqi Prime Minister Nouri al-Maliki looked mortified, and as the assailant's second shoe came flying on Sunday, he did what any gracious
      LAT-WP,; i o Reuters; AP  -  398 words
    • 219 19 [SINGAPORE] The delayed Asean summit will take place in Thailand before the end of February 2009, the organisation's secretariat said yesterday. Thailand, which is the Asean chair, postponed this year's summit following domestic turmoil. It was slated for this week in Chiang Mai,
      219 words
    • 194 19 -AP [WASHINGTON] Industrial output fell slightly less than expected in November as US manufacturers continued to suffer from weakness in autos and many other areas. The Federal Reserve reported yesterday that industrial activity dropped by 0.6 per cent in November. Economists expected a decline of 0.8
      -AP  -  194 words
    • 740 20 Reuters Pawnbrokers see strong business across US, including upmarket locations [BEVERLY HILLS/ PHOENIX] Whether it's a Tiffany diamond or a three-year-old lawnmower, more and more Americans from all social classes are pawning their possessions to make ends meet. Pawn shop owners
      – Reuters; REUTERS  -  740 words
    • 387 20 Auto bailout news don't hold your breath just yet Reuters [KABUL] An announcement on a car industry rescue was not imminent, US President George W Bush said yesterday, leaving the industry's fate clouded in uncertainty for a little longer. "We're not quite ready to announce that yet," he told reporters
      Reuters; J REUTERS  -  387 words
    • 632 20 AP [TOKYO] Even as General Motors and the entire US car industry teeters on the edge of collapse, its major rivals are hardly celebrating. Toyota and other Japanese carmakers say the bankruptcy of any of Detroit's Big Three would spell serious trouble for them
      AP  -  632 words
    • 486 20 Bloomberg [LONDON] Christie's International plans to cut estimates on the artworks it auctions by at least 10 per cent because of the economic slowdown, chief executive Edward Dolman said in an interview. French billionaire Francois Pinault's auction house is among those whose
      Bloomberg  -  486 words
    • 822 20 -AP Renewable energy now seen as answer to job losses [POZNAN, Poland] Some US labour groups that have long feared environmental campaigns as a threat to American jobs are starting to see advantages in going green. This evolution was clear at last
      -AP  -  822 words


  • KAZAKHSTAN INDEPENDENCE DAY
    • 1001 21 Kazakhstan seeks to attract Spore firms to participate in its economy via development of its non-extracting industries, reports lyimette khoo KAZAKHSTAN is fast catching on as a destination of foreign investments, particularly so as it seeks to diversify from the economically predominant extracting industries. Some Singapore
      1,001 words
    • 543 21  -  UMA SHAHKARI By KAZAKHSTAN might not be very high up on the list of places for Singaporean property companies to venture into, but some home-grown players in the real estate field including Jurong International, Surbana Corporation, and Capita Land and its subsidiary The Ascott
      543 words
    • 604 22 Kazakhstan has many technology areas for the Singapore firm's expertise and it also offers a potential gateway for the latter into Central Asia, reports teh shi imiimg "BASTAU" means beginning in the Kazakh language. It is thus apt that the company via which Singapore
      604 words
    • 456 22  -  MOOR AISHA By LOCALLY-LISTED company Food Empire has its eyes set on capturing emerging markets, despite having a strong brand name in Singapore and one of its four factories located here. The company says that it has consistently focused on "far-flung emerging markets", such as
      456 words
    • 753 24 Following a tough start for the firm in the new market, its Keppel Kazakhstan shipyard has received a constant stream of work, and continues to be profitable, writes lyimette khoo WHEN Keppel Offshore Marine (O&M) entered the Kazakhstan market in 2003, it had to
      753 words
  • Page 21 Advertisements
    • 42 21 IDEAS ST Engineering delivers innovative solutions in the Aerospace, Electronics, Land Systems and Marine sectors. We have realised many dreams and created countless possibilities From the first pencil stroke to implementation, we deliver solutions that truly meet your needs. ST Engineering www.stengg.com
      42 words

  • Page 22 Advertisements
    • 119 22 From Strength to Strength fc^X'^.,44a h%j *o *he Republic of Kazakhstan '< Njym, on occasion of its HGh^^^HA Independence Day 2003: The inauguration of the Keppel Kazakhstan yard O ±L». H r~ Il^ A r Mr Choo Chiau Beng, Chairman CEO of Keppel O&M, Q^ the I Ol\\ AnniVefSafV OT
      119 words

  • Page 23 Advertisements
    • 1489 23 ■■■I ■^fcH fV^vS^Miß^ JM J JV/ V 5 'I9S, 05ii~-^ ___^-J— -^k I nJ|%l"' c*^^Hk E*i Jfln •tQMft L I i i Economically Revved Up Higher Quality Of Life Within the relatively short time of its independence, the country Improving the quality of life in villages and rural communities has
      1,489 words


  • AVIATION/SHIPPING
    • 566 25 Reuters Direct cargo flights, shipping will help it better compete with rival transport hubs [TAIPEI] Taiwan's launch of direct cargo links with China yesterday will help it better compete with rival transport hubs Hong Kong and Singapore, while logistic firms are poised to triple contribution
      Reuters; XINHUA  -  566 words
    • TRANSPORT STOCKS
      • 102 25 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.25 0.19 1.09 0.35 0.73 0.50 0.04 ....unch 0.30
        102 words
      • 37 25 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.53 8.50 8.20 2.30 2.31 0.05 0.08 0.01 unch -0.30 0.07 unch -0.01 0.01 2 225 743 262 1 257 74
        37 words
      • 12 25 ■oo ■recious Ship Jegional Cont 11.10 6.00 0.70 0.15 3281 142i
        12 words
      • 11 25 '000 Doil iingamas Cont .16.70 ...0.56 1.36 -0.02 1551 205'
        11 words
      • 20 25 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.60 14.75 unch unch 0.10 -0.25 unch unch 48( 35!
        20 words
      • 15 25 )ec Evergreen Marine ....16.10 :irst Steamship 33.70 ManHai Lines 15.70 0.10 1.00 0.60 2;
        15 words
      • 40 25 '000 (awasaki Hvylnd ..187.00 9.00 ***** (awasaki Kisen 414.00 37.00 7256 Mitsubishi Hvy 405.00 13.00 ***** i/litsui Eng&Sbldg ..140.00 9.00 5691 l/litsui Osk Lines 605.00 56.00 ***** Nippon Express 376.00 1.00 6456 JipponYusen 547.00 22.00 ***** 'iource: Thomson Reuters
        40 words
    • 332 25  -  VINCENT WEE By THE sharp rise in dry bulk freight rates towards the end of last week is a spike and cannot be sustained because the fundamentals that have caused prices to tank over the past quarter remain the same. In fact, the
      332 words
    • 295 25 ■AFP [HONG KONG] The volume of cargo handled at Hong Kong International Airport dropped 18.7 per cent in November compared to the previous year, the latest sign of the reduced demand for exports, officials said. The airport, a key port for goods being transported from
      ■AFP  -  295 words
    • 266 25 Bernama [KUALA LUMPUR] Malaysia Airlines (MAS) is offering four new fare options for economy-class travel that will provide customers value and choice while giving them full control of their travel experience. MAS managing director and CEO Idris Jala said the four fare choices MHlow
      ■ Bernama  -  266 words
    • 434 25 AFP [MANAMA] Piracy in the Gulf of Aden will only be defeated by a strong government in Somalia, the commander of the French naval operation in the Indian Ocean said on Sunday. "We will not end this phenomenon unless we have a
      AFP  -  434 words
    • 2604 25 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 Ba ines (BBC), B Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,604 words

  • EDITORIAL & OPINION
    • 492 26 TO say of last weekend's trilateral summit of political leaders from Japan, China and South Korea that the form was as important as the substance might be stretching a point. But the very fact that these summits have now been institutionalised as annual events in their
      492 words
    • 885 26  -  808 YAP To guard against the cost of such thefts, employers should adopt a three-prong approach By AFTER the farewell lunch is over, the desk is cleared and an employee has departed, some organisations find themselves in an awkward position. They wonder
      STOCK.XCHNG  -  885 words
    • 797 26  -  PAUL KRUGMAN -NYT THE BOTTOM LINE SO here's the situation: The economy is facing its worst slump in decades. The usual response to an economic downturn cutting interest rates isn't working. Large-scale government aid looks like the only way to end the economic
      -NYT  -  797 words
    • 1300 27  -  JOE BALADI It should reposition on a scale that could set a new standard in brand development By THE business landscape has always been dynamic, changing in ways that have challenged managers from the smallest SMEs to the most imposing
      1,300 words
    • 251 27  -  Richard Teng LETTER TO THE EDITOR WE refer to the articles, "More options granted as shares hit historic lows" and "The better option to stock options", (BT, Dec 9 and 10). We would like to point out that there is an error in
      251 words
    • 1017 27  -  LEE U-WEN THROUGHOUT a relationship that has lasted more than three decades and counting, "role model" and "old friend" are just some of the numerous endearing terms that China has used to describe Singapore. Singapore's first prime minister and now
      1,017 words


  • SINGAPORE STOCKS
    • 8668 28 Transaction date: Dec 15 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 1 1100 AEM 29.5 7 2101
      8,668 words
    • 570 29 52-wks Tel |h Low Code Last Sale Vol COOP) Hi; Day Last Quote |h Low Buyer Seller Div GrYld Net C'vr P/E M Cap Sinil Coi 20 9 1181 s AAGrp 32 16 8538 s APStrategic 5.5 ***** s Advanced System 38 12.5 3518 s Afor 25.5 2.7
      570 words
    • 639 29 _Vk Tel Low Code Last Sale Vol ('000) )ay Low Lasl (uote Seller Div Net P/E flCap $mil Hii Com i Hii Bit C'vr ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 385 158 6009
      639 words
    • 737 29 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
      737 words
    • 8807 29 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.374/ AIGIF Spore Bond Fund/A 1.197/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.58/ APS Alpha Fund (USD)!** 0.39/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5783/ APS Komaba Global
      8,807 words
  • Page 28 Advertisements
    • 48 28 ROYAL OAK COLLECTION WHERE EXTREMES MEET 7 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED .^??^^^^r L'^^^^~J^: -:-<^? -^J^T If'^^' 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 ar^ r.!t*|#« J*' 1" ii^/ W Internet: Http://www.audemarspiguet.com jj"^- •te^Jj^^ 'TZ&tT"^ 'J\*,y 'v V-V-'"C-: -~-^^^T^
      48 words


  • FINANCE & COMMODITIES
    • 381 30 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Dec 12 World Index Preliminary 650.7 -2.1 -42.5 -2.0 -43.2 -1.9 -44.! t EAFE Prel liminai 630.6 -3.0 -43.7 -2.7 -46.0 -2.6 -47.7 Euroi Prelim
      381 words
    • 131 30 As at 9am Dec 15 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9760 1.0090 .an dollar 1.1860 1.2020 Euro 1.9800 2.0060 NZ dollar 0.8080 0.8280 iterlini ind 2.2110 2.2400 US dollar 1.4720 1.4910 Local dollars to 100 units of foreign
      131 words
    • 166 30 Dec IS Overnight 1-month 2-months 3-months Overnight mode: 1/8 ys$ 1/8 3/4 7/8 15/16 Offer 1/16 1/2 5/8 11/16 BJd 7 days 1 month 2 months 3 months 6 months I. 12 months $Au 0.30 1.30 2.10 2.40 2.60 2.70 Offer 0.10 0.80 1.50 1.60 1.90 2.10 2.20
      166 words
    • 25 30 Dec 15 ten Hii Sett STI IIMSCI Dec 218.7 219.7 215.8 "aiwan Dec 174.9 178.8 174.6 Source: MF Global (S) He. Ltd
      25 words
    • 23 30 Dec 15 Bid Offer 1-month 1.4787 1.4804 2 months 1.4779 1.4797 3 months 1.4769 1.4787 6-months 1.4739 1.4762 Source: OCBC
      23 words
    • 62 30 Dec 15 Delivery Month Opening Range Sett Av Price Price Hi Low Vol Open Done Position Dec 08 1605 Jan 09 1624 Feb 09 1625 Mar 09 1623 Total o/p: ***** contracts 1580 1605 1577 211 768 1580 1628 1575 993 9486 1576 1630 1570 2925 ***** 1580
      62 words
    • 290 30 Dec IS URODOLLAR FUTURES DecO8 VlarO9 unO9 iepO9 98.1287 98.3850 98.4400 98.4100 5206 ***** 4611 2691 EUROYEN TIBOR FUTURES DecO8 VlarO9 99.280 99.305 unO9 >epO9 99.385 99.400 DecO9 VlariO un10 >ep10 99.265 99.385 99.091 99.300 99.345 99.390 99.390 99.295 99.235 99.210 267 3733 200 152 1 *****
      290 words
    • 196 30 Dec 15 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Jan 09 106.0 FebO9 115.0 MarO9 123.0 Apr 09 122.0 May 09 122.0 JunO9 122.0 106.0 114.0 123.0 121.0 121.0 121.0 106.0 115.0 120.0 124.0 124.0 124.0 9 12
      196 words
    • 85 30 Dec 15 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****N 19.03.09 -Year BY*****V 02.11.09 0.62 0.78 0.55 0.55 3OVERNMENT BONDS 'eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year NX*****T 4.625 I-Year NX*****Z 2.250 '-Year N*****0S 2.875 0-Year NY*****A 4.000 5-Year
      85 words
    • 105 30 Dec 12 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 09 854.00 856.50 863.50 828.50 Mar 09 856.25 860.50 866.00 831.00 May 09 865.75 870.00 868.00 843.00 Jul 09 874.75 879.25 882.00 850.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 08 31.10 31.46 30.90
      105 words
    • 77 30 CRUDE OIL PRODUCTS Dec 12 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 46.77 -1.24 WTI (Near Mth) 46.47 -0.65 Dubai (1-Mth F) 43.96 1.21 Tapis blend 46.20 0.45 Minas 42.00 0.95 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 33.00 59.20 4.33 2.80 US$/barrel Opec Oil
      77 words
    • 463 30 Dec 15 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.824 4.570 0.496 5.170 32.054 74.215 0.607 9.096 2.375 1.211 53.001 31.777 0.987 6.765 0.783 22.144 23.288 0.444 0.667 Canada 1.214 5.546 0.602 6.274 38.901
      463 words
    • 66 30 Dec 15 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 1.***** syrs 2.***** 7yrs 2.***** 10yrs 2.***** 12yrs 2.***** 15yrs 2.***** Source: Thomson Reuters mth 1.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** mths 2.***** 1.***** mths
      66 words
    • 147 30 Dec 15 Zurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 0.9863 0.9877 0.6669 0.6673 Canadian dollar 1.1970 1.1986 0.8094 0.8098 luro 1.9872 1.9894 1.3437 1.3440 IZ dollar 0.8143 0.8157 0.5506 0.5511 Sterlinc 2.2226 2.2253 1.5029 1.5034 IS dollar 1.4789 1.4802 >$IUS$
      147 words
    • 140 30 Dec 15 (US! f/oz) Dec 12 Dec IS Hong Kong London 818.30 826.00 819.30 827.00 Dec 11 Dec 12 824.50 822.90 826.50 824.90 Source: Thomson Reuters CAST BAR (S$) Dec IS Buying Sellini Kilobar "42,238.25" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm
      140 words
    • 73 30 Dec 12 n i nn Tn/ iri iiuiii, yy.i (US$/tonne) Close Previous Cash 1460.50 3 months 1500.00 1522.20 1563.00 Copper, Grade A (US$/tonne) Cash 3 months 3143.00 3175.00 3286.00 3320.00 Lead (US$/tonne) Cash 1010.20 3 months 1018.00 1011.00 1020.00 Nickel (US$/tonne) Cash 3 months *****.50 *****.00 *****.00 *****.00
      73 words
    • 65 30 Dec 12 (£/tonne) Close Prev Hii ih/Low Dec 08 1670 1806 1819/1670 Mar 09 1645 1634 1650/1609 May 09 1641 1629 1647/1612 Jul 09 1650 1637 1654/1625 COFFEE (US$/tonne) Close Pev High/Low Jan 09 1902 1905 1920/1875 SUGAR (US tonne) White Close Prev High/Low Mar 09 319.2 328.6 324.5/317.3
      65 words
    • 2599 30 BONDS WARRANTS Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left >058AdvanceModulesGrpW*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 3092 Asia Environment W*****4 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 H05#AsiatravelW*****7 3.5
      2,599 words

  • Page 31 Advertisements
    • 2697 31 The Business Times Shipping Times yi^HSBWBBjBM ijWml ™^i.iMfcii#wBSFn lil^M WAN HAI international pte ltd I^~^ LB fITP VZr' ia^g|j|^|Uyß BiM»^fiAri»M3WßiEi^BiiiilM VTIA Ilian MAI liurr T[L*****588 (14 LINES) FAX:*****163 I lllVVtl I BgBBgBHBgHBgSgggiBIM ■JMlWWiWipiiiffiWillTiM I V\N 1 WilN HAI INtS <•»•««« Servke/Booltings Direcl Line (1800) *****200 hß^taaAaAglftaaMlU ■H'liJßWlW'Zlilwiililifiß \l_ I mi
      2,697 words

  • Page 32 Advertisements
    • 3502 32 V^^V BB BH PB BB PCI/PHL SERVICE AMX SERVICE Coi™ecn>iqECLSvcviaMA-TA| I VESSEL VOY SIN I PKL I NSA I JEA I BND SIN I JED I DAM I GOA I VLC I MLA MLA I EXT HAM ANR I LEH I IRAN BUSHEHR PHLB3O4 10/12 11/12 17/12 20/12 21/12 SYAYANI
      3,502 words
    • 482 32 \tjT\ EASTERN CAR LINER, LTD Ul—s?L— i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS llUUHlJl^^l I VOY I Ramp(KT) I Liltinq(KT) I MUA I SIN I PKL I LCB I JKT I SUR GOLD MENAM 90 40 122 18/12 22/12 COSMIC CHALLENGER 144 30 60 19/12 21/12 24/12 HUA
      482 words
    • 244 32 VESSEL VOY FTA EH) DESTINATION BERJAYAII 17/08 18/12 20/12 BELITUNG/PKL.BALAM LANGSAB 28/08 17/12 19/12 JAMBI/PEKAN BARU SUN FLORA 09/08 19/12 21/12 PALEMBANG/PANJANG PULAUWEH 14/08 IN PORT 18/12 BENGKULU/PADANG SRIJAYAB 22/08 17/12 19/12 BELAWAN/LHOKSEUMAWE SINOPA 12/08 19/12 21/12 SABANG/MALAHAYATI VESSEL VOY EJA EID Destination INARAN 23/09 18/12 20/12 JAKARTA/CIGADING SRIBAHARI 08/08
      244 words

  • PROPERTY
    • 918 33 -NYT Move will provide relief to many but draw govt deeper into housing market [NEW YORK] IN a move that provides relief to thousands of renters who face eviction but draws the federal government even deeper into the housing market, the loan
      -NYT; AFP  -  918 words
    • 181 33 Bloomberg [PARIS] Icade SA, the French real-estate investment trust controlled by state-owned Caisse dcs Depots et Consignations, wants about three billion euros (Ss6 billion) for the residential property unit it's considering selling, chief executive officer Serge Grzybowski said. Icade, based in
      – Bloomberg  -  181 words
    • 305 33 Reuters Mogul Sam Zell also sees demand for houses rising soon [TEL AVIV] A revival in the US real estate market, key to a recovery in the world economy, should begin by next spring, property mogul Sam Zell told an Israeli business conference
      – Reuters  -  305 words
    • 635 34  -  PAULINE NG Sum expected to be up to RM5OOm, or two-thirds of the project funding By I in Kuala Lumpur THE Malaysian government is likely to be tapped for a loan to kick-start the development of the proposed Legoland theme park in south Johor
      635 words
    • 603 34 Bloomberg It forecasts another 10% drop in 2009 as economy slumps [LONDON] UK house prices extended declines in December and will drop a further 10 per cent next year as the recession batters the British economy, Rightmove pic said. The average price advertised
      – Bloomberg; || | BLOOMBERG  -  603 words
    • 702 34 ■AFP [LONDON] Property prices collapsed worldwide in 2008 as hyper-inflated housing bubbles finally burst, brutally punctured by the global credit crunch and the slump could continue for two more years, experts say. The strains had begun appearing in mid-2007 when overstretched US homeowners began
      ■AFP  -  702 words
  • Page 33 Advertisements
    • 42 33 FREEHOLD jf*l 4> 4 Land Area-200,095 Sq ft (Remnant Lots-21,397 Sq ft) *M*4 COND°L/ Plotßatiol.4uptos-Storeys(42AMSL) Tender Close at 13 January 2009 3.00PM ■S.'."i DEANS REALTORS PTE LTD ml For Enquiries lIJ li^ A 989 Serangoon Road, Singapore *****8 Daniel Lye 9022 2206
      42 words
    • 130 33 IP^Best Value |P^ CBD iH Join GE, Bang Olufsen, Swire Shipping United Technologies Office Space 'M 3.4 m ceiling heights /f Column free, clean r'f^'m efficient, raised fl floorplates M] I LB Floor to ceiling glass £f"Cf-l Excellent views mCf\\ 1,184 to 8,062 sqft Ml 'la Ground floor retail /F
      130 words
    • 798 33 i I SWING MEDIA TECHNOLOGY GROUP LIMITED (Incorporated in Bermuda on 26 March 2001) (Company Registration Number: *****) PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) EXISTING ORDINARY SHARE ("WARRANTS ISSUE") DESPATCH OF THE OFFER INFORMATION STATEMENT The Board of
      798 words

  • Page 34 Advertisements
    • 129 34 ZAP HERE for the latest property updates! To Zap*: 1. Install the Color Cam™ software in your mobile phone by a. typing the word "Zap" sms ***** b. typing "zapcode.sg" in the web browser of your handset 2. Trigger the Color Cam™ software (located either in "Games" or "Applications" folder
      129 words