The Business Times, 9 February 2009

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Microfilm: NL29654
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    19 1 THE BUSINESS TIMES ssi .00 online at http://www.businesstimes.com.sg mm a Singapore press holdings publication coregnnoi9B4o2B6Be mica(p)l97/08/2008 Monday, February 9,2009
    19 words
  • Article, Illustration
    Lock icon S'pore GDP may shrink up to 5.8% in Q1
    659 1  -  CHEW XIANG Business confidence plummets as most companies expect situation to worsen: survey By [SINGAPORE] With business prospects hitting lows not seen since 2001, the economy could contract 5.8 per cent in the present quarter, according to the latest BT-UniSIM Business
    YEN MENG JIIN  -  659 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      53 1 ST Index 1,715.35 -31.12 1 COMP 896.64 +12.19 IIKKEI225 8,076.62 +82.57 IANG SENG 13,655.04 +376.83 SET INDEX 444.39 +6.70 JAKARTA COMP 1,350.64 +17.97 1ANILA COMP 1,942.48 +117.39 ;eoulcomp 1,210.26 +48.15 iHENZHEN B 301.88 +17.20 IUMBAI IND 9,300.86 -123.38 )OW 8,280.59 +279.73 IAS DAI 1,591.71 +115.29 ;&P 500 868.60 +42.72
      53 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.88 HONG KONG 5.00 INDONESIA 16.396 TAIWAN 6.316 JAPAN 1.475 KOREA 9.33 BRITAIN 1.00 US 3.25 CANADA 3.00 SWITZERLAND 0.53 INDIA 13.00 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      46 1 US$ (S$ ier US$) 1.505 (US$/S$ per 1.474 2.217 EURO (US$,S$/E) Foreign currency 1.277 ier US$ 1.921 S$ YEN 91.00 60.50 RM 3.604 2.395 HK$ 7.755 5.154 BAHT 35.05 23.29 RUPIAH 11,750 7,809 RENMINBI 6.834 4.542 INDIAN RUPEE 48.71 32.38 1.526 1.015 NZ$ 1.931 1.284
      46 words
  • Article
    Lock icon PM Lee urges support of Jobs Credit Scheme
    474 1  -  CHUANG PECK MING It will help S'poreans keep jobs, he says By [SINGAPORE] Prime Minister Lee Hsien Loong yesterday threw his weight behind the Jobs Credit Scheme, calling it a major policy which will help Singaporeans keep their jobs and make them
    474 words
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      51 1 X. w9%2r mrlm V ft^^^ OYSTER PERPETUAL DATEJUST V B^^^^^ AND LADY-DATEJUST RO LEX.CO M i THE HOURGLASS Contemporary Horological Art TAKASHIMAYA S.C. TEL: 6734 2420 MILLENIAWALK TEL: 6339 4870 TANG PLAZA TEL: 6235 7198 LUCKY PLAZA TEL: 6733 1262 RAFFLES HOTEL ARCADE TEL: 6334 3241 PENINSULA PLAZA TEL: 6337
      51 words
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      1 1 8"*****1"*****4'
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      96 1 AGE OF I BizlT I i^JF DINING OUT I TOP STORIES iJ^ TURBULENCE Budget boost for H Romain Fornell's Expect property market bottom Restoring trust in bankers infocomm firms inventive French cuisine next year: renegade economist j?* PAGE 11 PAGE 28 I^PAGEIS PAGE 4 J fc| Up to 20% of
      96 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Investors pin hopes on stimulus, bank deals
      1086 2  -  ANDREW MARKS All eyes on pivotal Geithner plan to buy toxic loans from major banks By in New York THIS looks like the week Wall Street has been waiting for since early November. Washington DC lawmakers are apparently closing in on the passage
      AFP  -  1,086 words
    • Article, Illustration
      Lock icon Geithner linking mortgage loans to bank bailouts?
      659 2 [WILLIAMSBURG, Virginia] US Treasury Secretary Timothy Geithner said on Saturday that banks getting public aid under a new rescue plan must help struggling homeowners by reworking their mortgages, according to Democratic sources. Mr Geithner will outline this week the Obama administration's plan of
      659 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon S'pore GDP may shrink up to 5.8% in Q1
        58 2 THE economy could contract 5.8 per cent in the present quarter, according to the latest BT-UniSIM Business Climate Survey. The survey polled 167 firms for their business prospects over the next six months as well as sales, orders and profit performance
        58 words
      • Article
        Lock icon Geithner linking mortgage loans to bank bailouts?
        70 2 US Treasury chief Timothy Geithner said that banks getting public aid under a new rescue plan must help struggling homeowners by reworking their mortgages. Mr Geithner will outline this week the Obama administration's plan of attack on a virulent credit crisis and proposals
        70 words
      • Article
        Lock icon New positive spin on S'pore's real estate sector
        64 2 WHILE others are competing to put out the most bearish forecasts, Phil Anderson who calls himself a renegade economist confidently calls a property market bottom next year. "There will be substantial real estate buying opportunities for people with cash next year, which
        64 words
      • Article
        Lock icon Syndication loans lose allure for banks
        49 2 THE shrinking appetite for risk has affected how bank loans are put together, bankers told BT. No longer sure they can parcel out huge loans, banks now prefer to lend smaller amounts straight to companies they are familiar with. TOP STORIES, PAGE 4
        49 words
      • Article
        Lock icon Banks expected to post poor Q4 results
        69 2 INVESTORS and analysts, bracing for poor fourth-quarter results from banks this month, will mainly be scouring the earnings reports for clues of what lies ahead. Any sharp rise in provisions for bad loans and what the bank chiefs say about the outlook are
        69 words
      • Article
        Lock icon Oil, petrochem players bank on Chinese buyers
        54 2 IT looks like a rough ride in the next year or so for Singapore's oil refining and petrochemical sector, given the global economic slowdown. But there could be a couple of bright spots, including expectations of Chinese buying to resume later this year.
        54 words
      • Article
        Lock icon Weaker yuan proposed to boost growth, employment
        68 2 CHINA should "actively guide" the yuan's exchange rate to about 6.93 against the US dollar to help maintain economic growth and bolster employment, according to the Ministry of Finance's research institute. The nation should also increase purchases of commodities from abroad and build
        68 words
      • Article
        Lock icon Britain orders probe into bank bonuses
        45 2 BRITISH finance minister Alistair Darling is planning an independent review of banks' management and bonus structure. "I expect the review to make recommendations about the effectiveness of risk-management by banks' boards, including how pay affects risk-taking." ASIA-PACIFIC/WORLD, PAGE 19
        45 words
      • Article
        Lock icon Vintage sports car sold for 3.5m euros
        60 2 A BUGATTI sports car that was found after 50 years gathering dust in a garage in England sold on Saturday in Paris for 3.5 million euros (Ss6.B million). The two-seat 1937 Bugatti Atalante 57S coupe was one of 17 vehicles of its type
        60 words
    • Article, Illustration
      Lock icon New positive spin on S'pore's real estate sector
      666 4  -  TEH HOOI LING Economist calls bottom in 2010, based on an 18-year cycle seen in US By [SINGAPORE] With observers seemingly falling over one another to come up with the most bearish forecasts, Phil Anderson who calls himself a renegade economist stands
      Phil Anderson Economic Indicator Services  -  666 words
    • Article, Illustration
      Lock icon Syndication loans lose allure for banks
      598 4  -  EMILYN YAP They prefer to lend smaller amounts to familiar companies By [SINGAPORE] Big was beautiful when it came to lending during the boom years. Back when markets were awash with cash, it was common for banks to underwrite mega- loans in the syndication
      AP  -  598 words
    • Article
      Lock icon Up to 20% of companies may not invest this year
      211 4  -  CHEW XIANG By [SINGAPORE] Up to a fifth of companies may not be investing this year, according to results from the quarterly BT-UniSIM Business Climate Survey. About 12 per cent of respondents said no investment would be made, while 8
      211 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      32 2 Relive the excitement Revive your Jewels rW We remake, you remember m Gold Silver Handcrafted since 1946 302 Orchard Rd #6-04ATong Building (Rolex Centre) Contact 6733 0263 Open 11 am-7pm Mon-Sat www.morethandiamonds.com.sg
      32 words
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      34 2 LU4 find THE ONES piut UqJ THAT FIT! n_OX P*"^ Recruit the right people through CATS Recruit. "T >Cl Ca"1800 289 8822 or email recruit@sPh-com-s9to advertise, f .a X^ 1 I 1 Sj. *L\
      34 words
  • Page 2 Miscellaneous
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      116 3 GENEVE < y\ if i *il mm 1 ■^KW^^^tsES"* iy j£r\& t^x w3r Bni »y 9 'ff^jQplP' DAY AND NIGHT FRANCK MULLER BOUTIQUE SINGAPORE DELFI ORCHARD (65) 6733 9113 MALAYSIA KLCC SHOPPING CENTRE (603) 2166 2173 INDONESIA GALLERIA GRAND HYATT (6221) 310 7208 PLAZA SENAYAN (6221) 572 5688 THAILAND SIAM
      116 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Banks expected to post poor Q4 results
      951 5  -  CONRAD TAN Share performance hinges on bad loan provisions, outlook ahead: analysts By INVESTORS and analysts while bracing for a set of poor fourth-quarter results from banks this month, will mainly be scouring the earnings reports for clues of what lies ahead. Any
      951 words
    • Article
      Lock icon $360,000 to be won in OCBC cash draws
      287 5 OCBC Bank is going retro, bringing back cashdraws for all savings and current account holders, including customers with children's savings accounts. In announcing the draws, which will offer cash prizes of $360,000, the bank observed that growth in savings and current deposits
      287 words
    • Article
      Lock icon Acceptances for SP Chemicals offer tops 98%
      378 5 Firm gets clearance not to release financial results as it will be delisted THE exit offer for SP Chemicals closed at 5.30 pm last Friday, with shares owned by the offerer and acceptances to it at around 98.266 per cent. SP Chemicals Holdings
      378 words
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      285 5 BUSINFSS DFAI INR. NOT AS USUAL. ALL NEW NISSAN ELGRAND Discover ELGRAND's L '^^j^f^. J^^S S^P™^^*^ BprM -i. Introducing the all new NISSAN ELGRAND, the luxurious 8-seater mobile suite crafted for those with a taste for r e *'ncr s' c'e ''^c' Whether it's for your YIPs or the YIP
      285 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Better to focus on short-term punting in this market
      677 6  -  R SIVANITHY STOCKS LEGENDARY investor Warren Buffett last week reportedly said that now is a good time to buy US stocks because once the market's capitalisation reaches a certain proportion of GDP, past experience shows this to be a buy signal.
      677 words
    • Article
      Lock icon Oil prices slide on poor US job figures, large inventories
      457 6 ■AFP COMMODITIES [LONDON] Oil futures slumped under US$4O a barrel on Friday at the end of a tough week for the commodity, as a weakening US economy hit demand causing energy inventories to pile up. Unemployment in the US surged
      ■AFP  -  457 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      593 6 Legends US$; Rmb; HKS; A) AS; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (ad) Capital; (af) Cash/Bonus Tax Exempt (One-Tier); (ag) Dividend/Distribition; (ah) Final; (ai) To be announced; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (an) First and Final Tax Exempt
      593 words
    • Article
      Lock icon Asian units mixed against US$
      373 6 CURRENCIES [HONG KONG] Asian currencies ended the week mixed against the dollar ahead of a major US economic stimulus plan expected to be unveiled soon. Japanese yen: The yen fell slightly against the dollar over the week as investors lacked direction in the face of
      373 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1632 6 Source: Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name \llgreen Prop perties Ltd 2.58 2.58 12 6.04 7.61 0.66 0.45 ,RA Asset Mgt Ltd 2.00 2.00 6.25 6.32 0.66 0.40 .rmstrone nd Cor|
      1,632 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 6 Feb 6 VALUE CLOSE IT OB/OS -177.00+165.C IT CADI -*****.00 +73.0i IT 10-day MA -*****.00 -18.0' TSE ST Mid Cap 350.90 +5.2 TSE ST Small Cap 282.09 +2.41 TSE ST All Share 411.37 +3.2 TSE ST China Top 186.03 +4.2 TSE ST China 182.38 +4.5 OB Catalist
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      62 6 VOLUME Golden Agri 461,874,000 Cosco Corp 143,447,000 Sing Tel 127,737,000 Straits Asia 125,606,000 Noble Grp 118,450,000 Chart SemiCond 112,808,000 Capita Land 99,263,000 IndoAqri 95,847,000 Yongnam 81,548,000 China Honqxinq 79,527,000 VALUE(S) DBS Grp 476,278,930 Sing Tel 327,672,833 UOB 305,328,860 Capita Land 238,690,640 OCBC Bk 179,743,008 Wilmar 157,527,314 Golden
      62 words
    • Article
      Lock icon RISES
      100 6 CLOSE UP 1190 130.0 12.3 ;txpo 100 China H 10US 1006 126.3 9.1 IOB 5.05%NCPS 100 9500 88.0 0.9 ICBCCai 5.1%NCPS 100 9150 80.0 0. iBS Bk6% NCPS 10 9660 60.0 0.6 ISH 1040 36.1 2.4 i PC 278 33.0 13.5 Con 432 27.0 6.7 filmar 311 21.0 7.2
      100 words
    • Article
      Lock icon FALLS
      116 6 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN 900-310.0 -25.6 QUE GLD 10US! 8930-129.3 -1.0 OCBC Bk5.1%NCPS 100 9110 -90.0 -1.0 UOB 1122 -66.0 -5.6 S I A 1074 -40.0 -3.6 CerebosPac 286 -37.0 -11.5 Ci 537 -30.0 -5.3 DBS Gr| 852 -30.0
      116 words
    • Article
      Lock icon CURRENCIES
      88 6 Source: Thomson Reuters Where S$ stands Feb 6 CHNG CLOSE FR Feb 5 YR 2008/2009 S$ LOW S$ HIGH USS 1.5020 0.27 1.5346 1.3457 Euro 1.9239 0.61 2.2064 1.8640 Pounds 2.2037 -1.16 2.8431 2.0356 AS 0.9900 -1.39 1.3251 0.9068 Yen* 1.6449 2.06 1.7278 1.2619 Rill liah* 0.***** 0.32 0.*****
      88 words
    • Article, Illustration
      Lock icon All portfolios sink into the red
      1707 8  -  TEH HOOI LING THE spurt of optimism in December and early part of January has all but petered out. All our portfolios have again sunk below their initial dummy capital. The only portfolio which managed to chalk up some decent gain last week was
      1,707 words
    • Article
      Lock icon Buying among directors remains very low; buybacks also slow
      1590 8  -  ROBERT HALILI INSIDE MARKETS By THE buying among directors remained very low with only seven companies that recorded 20 acquisitions worth $530,000 versus one firm with a disposal worth $30,000 based on Singapore Exchange filings from Feb 2 to 6. The
      1,590 words
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      997 7 ADVERTISEMENT Manage excess manpower I^^ I Upgrade workers' skills I Recruit and train new workers I Skills Programme for Upgrading Resilience Prepare for the upturn a^W Since the start of the downturn, Kato Spring (Singapore) Pte Ltd's a^W production level has decreased drastically month by month as customers cut or
      997 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Write down and start selling
      626 9  -  ARTHUR SIM WHEN Keppel Land announced its quarterly financial results last month, it said it had reviewed its residential landbank and concluded that no provisions or write-downs were required as their breakeven prices were lower than market prices. With other developers expected to report their
      FILE PHOTO  -  626 words
    • Article, Illustration
      Lock icon Over 300 Caspian units sold, price up 3.5%
      420 9  -  KALPANA RASHIWALA By FRASERS Centrepoint yesterday continued to chalk up steady sales at its Caspian condo even after it raised prices by about $20 per square foot, or about 3.5 per cent. It sold over 100 units yesterday and by last night,
      420 words
    • Article
      Lock icon PRIME LENDING RATES
      397 9 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of
      397 words
  • Page 9 Advertisements
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      182 9 From the world's most experienced airline. The new A "3QH The fully flat Skybed is brought to you by the world's most experienced airline. Sleep easy. Introducing Qantas A3BO Business. We've been working flat out on our mission to create the world's most comfortable A3BO Business i^^^^H cabin. See what
      182 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Oil, petrochem players bank on Chinese buyers
      583 10  -  RONNIE LIM Asian crackers step up operations but pace may not last, say consultants By IT looks like a rough ride in the next year or so for Singapore's oil refining and petrochemical sector, given the global economic slowdown. But there could be
      FILE PHOTO  -  583 words
    • Article
      Lock icon Corporate battles on the rise as debt collection becomes harder
      496 10  -  EMILYN YAP By HARMONY breeds prosperity, or so a Chinese saying goes. But some old pieces of wisdom lose their relevance in today's corporate world. As companies find it harder to recover debts or meet deal obligations amid the downturn,
      496 words
    • Article, Illustration
      Lock icon CELEBRATING SPRING
      55 10 ALBERT SIM/THE STRAITS TIMES Prime Minister Lee Hsien Loong and Mrs Lee (both right) welcoming grassroots leaders at the Istana yesterday. Also at the event to celebrate Chinese New Year were President S R Nathan, Minister Mentor Lee Kuan Yew, Senior Minister Goh Chok Tong and Mrs Goh,
      ALBERT SIM/THE STRAITS TIMES  -  55 words
    • Article
      Lock icon Deutsche Bank lays off staff: sources
      284 10 Reuters DEUTSCHE Bank's wealth management arm on Friday laid off at least 50 staff in Singapore and Hong Kong as earnings from private banking plunged, two sources familiar with the situation said. The first source, a banker in the German lender's Singapore office, said
      – Reuters  -  284 words
    • Article
      Lock icon Novel microchip unveiled by NTU-US team
      309 10  -  BRITTANY KHOO By LEAVING your mobile phone charger at home when you go on a two-week vacation may be the norm one day. Scientists from Nanyang Technological University (NTU) and Rice University in the US have created a microchip that uses 30 times less
      309 words
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      198 10 I. -I^H IJe^ffl^l^. w.«,...«-. *™^~l^,^^frJJs^^^S^^^xt^^" A pocket projector at $499? Only when you subscribe to Pulses, the investment monthly Just insert your SD card and project! No need to carry FS%mt^^^^ your laptop or lug a cumbersome projector to your next ffirt fcfc presentation. The Cool Life Pocket Theatre MP
      198 words
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  • FINACIAL CRISIS
    • Article, Illustration
      Lock icon Restoring trust in bankers
      1226 11 The wealth management industry needs to re-tool, say FONG WAI MUN and LOW CHEE KIAT THE financial crisis has left many wealthy clients distrustful of bank relationship managers. Some clients have seen their net worth severely diminished to the point of despair. How is this possible
      AP  -  1,226 words
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      213 11 CTDFCCF ft CAROLINE WILLIAMS I T: +44 (0)1865 *****0 I AMLP@SBS.OX.AC.UK I HOT I\UOO U V 14 JUN-4 JUL 2009 1 WJ 1 in managing your accounts on time? 11-31 0CT2009 I I J j If you are rushing your accounts for one or more of the following reasons: I
      213 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Changing with the times
      3377 12 THIS WEEK'S TOPIC Are we witnessing a shift in economic influence in favour of emerging powers like China and Russia? Are Singapore firms, and Singapore itself, doing enough to take advantage of the global economic and political changes? Cheryl Baumann President Singapore Medical Group I AM
      AP  -  3,377 words
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      60 13 -mmm*^^^^^ jAw,Jmm\ m n M f BORNEO MOTORS (SINGAPORE) PTE LTD 33 LENGKEE ROAD SINGAPORE *****2. LEXUS SALES TEL: *****288/*****811/*****822/*****833. OPEN MON-SAT: V~y I— i^S>Cl I^^ DO Til GO IVI Ot OTS BAM TO 7.30PM. SUN: 10AM TO 6PM. LEXUS SERVICE CENTRE TEL: *****826/*****827. FAX: *****651. OPEN MON-FRI: BAM TO
      60 words
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  • BT-CITIBANK YOUNG INVESTOR'S FORUM
    • Article, Illustration
      Lock icon Build sound financial habits early
      792 14 Too few youths in Singapore are educated on the importance of being financially literate, says CHELSEA ONG IT IS important for all youths to be financially literate because the consequences of financial illiteracy affect not only the individual but society as well. Personally, I feel
      792 words
    • Article, Illustration
      Lock icon Winning with a strategy for commercialisation
      844 14 CAMPUS LIFE NeuroMOD Technologies faced tough competition from 500 other teams to win the Intel+UC Berkeley Technology Entrepreneurship Challenge 2008, writes DANNY TAN, the founder of the team FACING off against 500 other teams in an international competition was no mean feat, but emerging
      844 words
    • Article
      Lock icon Be smart with your finances
      204 14 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
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      46 14 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Honest-togoodness handmade delicacies
      420 15  - Honest-to-goodness handmade delicacies Cheah Ui-Hoon UNDER $25 Creperie Entre-Nous 27 Seah Street. Tel: 6333 4671 ITS predecessors like Creperie Ar-Men and La Petit Breton have whetted our appetites for galettes and crepes, so it's a good thing that even though those establishments have packed up their crepe makers, Entre-Nous has
      420 words
    • Article, Illustration
      Lock icon Inventive French cuisine
      628 15  -  Geoffrey Eu GUEST CHEF Harbour Grill Oyster Bar Hilton Singapore 581 Orchard Road. Tel: 6730-3393. Feb 9 to 14 ROMAIN Fornell straddles the best of two culinary worlds: as a classically-trained French chef working in Barcelona the heart of Catalonia and one of the places where modern
      628 words
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      363 15 m m M^mm W m m imLlWSillWMLmmmmm i^Euhnary Michelin Star Chef i I /^S^S^9 C*)S) Fornell i^\ ))y^^\ Barcelona, Spain p* -I Hailing from the most vibrant region of Spain, Chef Romain Fornell will showcase his most novel Catalonian-inspired creations. On Valentine's Day, indulge in a special 6-course menu. r'^inu
      363 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Growing through South-South trade
      701 16 Reuters Developing nations' reliance on each other is sign of shift in global power [GENEVA] Developing countries hoping to compensate for slumping demand in rich countries and falling commodity prices are looking at ways to bolster one of the most dynamic parts of their economies South-South
      – Reuters  -  701 words
    • Article, Illustration
      Lock icon Some call a 'bottom', others doubt
      805 16 AFP [WASHINGTON] Even as economic indicators point to an increasingly brutal recession, some analysts see tentative signs of a bottom in sight for the worst economic slump in decades. Few economic forecasters are calling for a quick improvement, but some argue that data point
      AFP; BLOOMBERG  -  805 words
    • Article
      Lock icon ME oil exporters may lose US$300b
      373 16 Bloomberg [DUBAI] Middle Eastern oil-exporting nations may lose US$3OO billion in government revenue as a result of lower crude prices and production cuts prompted by the financial crisis, the International Monetary Fund (IMF) said. Growth among Middle East oil exporters will slow to 3.6
      – Bloomberg  -  373 words
    • Article
      Lock icon Asian central banks call for new world financial order
      370 16 Reuters, Bloomberg [KUALA LUMPUR] Asian central banks have called for a new framework to regulate global financial markets as the world grapples with the worst financial crisis since the Great Depression. Central bankers from 15 Asian countries also called on Saturday
      ■ Reuters, Bloomberg  -  370 words
    • Article
      Lock icon Japan may need more spending to boost growth
      532 16 -Reuters, AFP [TOKYO] Japan may need to consider additional spending to support its economy as damage from the global financial crisis grows, Economics Minister Kaoru Yosano said yesterday. Japan has already unveiled a stimulus programme of US$l3O billion. "The situation is rapidly
      -Reuters, AFP  -  532 words
    • Article
      Lock icon UK manufacturing slides in Dec
      542 16  -  JANE MOIR Output fall dashes hopes of economy bottoming out By in London HOPES that Britain's manufacturing industry may be close to turning a corner have been dashed by official statistics showing further decline. According to the Office for National Statistics (ONS), manufacturing production in
      542 words
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      120 16 In the Matter of The Companies Art, Cap. 50 And In the Matter of CONTAINER BRIDGE SHIPPING PTE. LTD. (IN CREDITORS' VOLUNTARY LIQUIDATION) (CO. REG. NO. *****6302W) NOTICE OF MEETING OF CONTRIBUTORS Take notice that a meeting of contributories in the above matter will be held at 19 Keppel Road
      120 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon BN's Perak takeover may cost Najib dearly
      727 17  -  PAULINE NG MALAYSIA INSIGHT Still, tone of comments across the country suggests he may have scored big with his party By in Kuala Lumpur BARISAN Nasional, or rather Umno, appears to have underestimated the backlash arising from the backdoor takeover of the Perak
      REUTERS  -  727 words
    • Article, Illustration
      Lock icon Najib calls Opposition sore losers over Perak fracas
      334 17 -AP [KUALA LUMPUR] Malaysia's next prime minister accused his opposition foes of being sore losers after they not only failed to topple the ruling coalition but lost control of a key state when several lawmakers switched allegiances, news reports said yestertday. The
      -AP  -  334 words
    • Article
      Lock icon M'sia, China agree to 3-year currency swap
      320 17 Bloomberg [KUALA LUMPUR] Chinese and Malaysian central banks agreed on a 80 billion yuan (5517.7 billion) currency swap after the ringgit weakened and Malaysia's foreign reserves slumped 26 per cent in less than six months. The three-year arrangement with China, which has the
      – Bloomberg  -  320 words
    • Article
      Lock icon Keep liquidity flowing: Abdullah
      158 17 [KUALA LUMPUR] Prime Minister Abdullah Ahmad Badawi yesterday asked banks not to unreasonably stop lending and keep liquidity flowing in the economy. He said that the government would continue efforts to stimulate the economy in these difficult times but the financial sector must continue to actively
      158 words
    • Article
      Lock icon Yudhoyono vows reforms if re-elected
      473 17 Reuters [JAKARTA] Indonesian President Susilo Bambang Yudhoyono told a gathering of his Democrat Party yesterday that he would push ahead with reforms if he won a second term in this year's elections. The 59-year-old former general, seen as the most pro-business and proreform of Indonesia's
      Reuters  -  473 words
    • Article
      Lock icon BURSA MALAYSIA
      2192 17 :el) 6 RM Cooo] A& M Realty 0.33 AbricBhd 0.24 advance Synergy 0.09 Adventa Bhd 0.80 Ae Multi Hldgs 0.08 Affin Holdings 1.33 Ahmad Zaki Resou....0.46 AicCorp 0.40 \irasia Bhd 0.97 Akn Technology 0.13 alliance Financi 1.92 aluminium Co 0.80 Amalgamated Ind ....0.31 Vnmb Hldgs Bhd ....2.28 Amtel
      2,192 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Weaker yuan proposed to boost growth, employment
      602 18 Bloomberg Beijing also advised to sell a moderate part of its US Treasury holdings [BEIJING] China should "actively guide" the yuan's exchange rate to about 6.93 against the dollar to help maintain economic growth and bolster employment, according to a report by the
      – Bloomberg  -  602 words
    • Article, Illustration
      Lock icon Economists less rosy on India's outlook
      643 18 -AFP Govt's optimism is viewed as a brave face before elections [NEW DELHI] While India has been talking up its economic prospects to world leaders in Davos, economists are becoming gloomier about the outlook for Asia's third-largest economy as the global downturn takes its
      -AFP; REUTERS  -  643 words
    • Article, Illustration
      Lock icon Beijing treating drought relief as top priority
      365 18 LAT-WP [BEIJING] With the global economic crisis producing unrest in rural areas, Chinese authorities have taken emergency action in wheat-growing regions that are suffering from their worst drought in 50 years. The three eastern provinces that account for more than half of the
      – LAT-WP  -  365 words
    • Article, Illustration
      Lock icon Hu visits Saudi Arabia, Africa to shore up ties
      582 18 -AFP [BEIJING] Chinese President Hu Jintao launches a whistle-stop tour of Saudi Arabia and Africa tomorrow in a trip expected to focus more on shoring up political ties and less on securing energy supplies. Mr Hu's one-week trip takes him to
      -AFP  -  582 words
    • Article
      Lock icon 49% of China's export-oriented toy firms closed in '08
      316 18 Bloomberg [BEIJING] More than 4,000 Chinese toy companies closed last year as the global recession cut demand and some countries tightened safety standards. Toy exports rose 1.8 per cent in 2008, 18.5 percentage points less than the gain in 2007, the
      – Bloomberg  -  316 words
    • Article
      Lock icon HK deficit next year may exceed HK$7.5b
      247 18 [HONG KONG] Hong Kong's fiscal deficit next year could be larger than the expected HK$7.5 billion (551.45 billion) in the current 2008-09 period, a local newspaper yesterday quoted Financial Secretary John Tsang as saying. Hong Kong's fiscal deficit for 2009-2010 will widen due
      Reuters  -  247 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon All eyes on Barclays full-year results
      663 19  -  NEIL BEHRMANN Market talk has it that institutional shareholders want chairman to resign By in London BARCLAYS Bank announces its full year results today while the market is wondering whether Marcus Agius, the bank's chairman will be forced to quit. Several institutional shareholders have
      663 words
    • Article
      Lock icon Private equity's compensation seen as model: Kravis
      528 19 -Reuters [FRANKFURT] Leveraged buyout doyen Henry Kravis believes market economies would benefit greatly by adopting private equity's method of linking management compensation with a firm's long-term financial performance. The head of Kohlberg Kravis Roberts Co told German Sunday paper Welt am Sonntag that
      -Reuters  -  528 words
    • Article, Illustration
      Lock icon Australia's deadly bushfires may burn for days
      493 19 Bloomberg [MELBOURNE] Australia's worst bushfires on record left at least 84 people dead and may burn for days as winds fan flames across southern Victoria state. More than 300,000 hectares have been burnt and 700 homes destroyed with eight large blazes still being
      – Bloomberg; AFP  -  493 words
    • Article
      Lock icon Grim results expected for ÜBS, Credit Suisse
      342 19 Reuters [GENEVA] Swiss newspapers expect the country's top two banks, ÜBS AG and Credit Suisse Group AG to announce record losses for 2008 this week and predict ÜBS will unveil thousands of job cuts. Losses at the biggest bank and world's largest wealth
      – Reuters  -  342 words
    • Article, Illustration
      Lock icon Britain orders probe into bank bonuses
      658 19 Reuters, AFP BONUS CURBS [LONDON] British finance minister Alistair Darling wrote in the Sunday Telegraph newspaper that he plans an independent review of banks' management and bonus structure. "We cannot return to business as usual," Mr Darling said on the newspaper's website. "I expect
      – Reuters, AFP  -  658 words
    • Article
      Lock icon French banks present plan to regulate traders' pay
      356 19 AFP Move comes amid bid to discourage excessive risk-taking [PARIS] French banks will present a plan this week to regulate pay and bonuses for traders, in a bid to discourage them from taking excessive risks, a finance ministry official said. The French
      AFP  -  356 words
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  • WORLD
    • Article, Illustration
      Lock icon Vintage sports car sold for 3.5m euros
      590 20 Bloomberg Bugatti was found after gathering dust for 50 years in an English garage [LONDON] A Bugatti sports car that was found after 50 years gathering dust in a garage in England sold on Saturday in Paris for 3.5 million euros (Ss6.B million).
      – Bloomberg; AP  -  590 words
    • Article
      Lock icon Milking 'green' engine oil from cows
      623 20 ■NYT [NEW YORK] Motor oil would seem to be a good candidate for a green makeover, especially because Americans use so much of it, and often dispose of it improperly. According to a survey by the US National Petrochemical and Refiners Association, 585 million
      ■NYT  -  623 words
    • Article
      Lock icon UK fraud cases seen rising amid recession
      554 20  -  JANE MOIR By in London FRAUD is making a big comeback in Britain, with losses in the corporate sector spiralling as the outlook for financial services worsens. The number of fraud cases identified went up by nearly 16 per cent in 2008 compared
      554 words
    • Article, Illustration
      Lock icon Sharpton leads rally outside Madoff's apartment
      290 20 Reuters [NEW YORK] Saying that Bernard Madoff enjoys a "gilded penthouse incarceration", civil rights activist AI Sharpton led a rally outside the accused swindler's Manhattan home on Saturday, urging equal justice for the rich and poor. Rev Sharpton and about 30 other demonstrators protested
      ■ Reuters; _^a m j k. .*_ i REUTERS  -  290 words
    • Article
      Lock icon Consumers hit as credit agencies fail to fix errors
      627 20 ■AP [NEW YORK] Many US consumers are unaware what their credit score is until it's time to apply for a home mortgage, but by then it is often too late to fix any mistakes that they might uncover in their credit
      ■AP  -  627 words
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  • FOCUS: STIMULUS DEBATE
    • Article, Illustration
      Lock icon Govt to play bigger economic role
      1596 21  -  STEVEN MUFSON and IuRI MONTGOMERY LAT-WP The stimulus package and bank bailout plan have led to a seismic shift in the role of government in American society By! i m [WASHINGTON] WITH Congress moving closer to adopting an US$B2O billion stimulus package and the
      LAT-WP  -  1,596 words
    • Article, Illustration
      Lock icon Rival bills on stimulus divide US Congress
      1147 21 -NYT Although Democrats control both chambers, negotiations on package are likely to be difficult [WASHINGTON] The Senate agreement on a roughly US$B27 billion economic stimulus bill sets up tough negotiations with the House primarily over tens of billions of dollars in aid to
      -NYT  -  1,147 words
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  • SHIPPING/AVIATION
    • Article, Illustration
      Lock icon Tougher times expected for European airports
      481 22 Reuters Passenger traffic fell 7.7% y-o-y in Dec and freight plunged more than 21% [BRUSSELS] This year will be an "annus horribilis" for European airports after passenger traffic dropped 7.7 per cent year-on-year in December and freight plunged more than 21 per cent, the
      ■ Reuters; AFP  -  481 words
    • Article
      Lock icon KepFels completes 3rd proprietary DSS Series rig
      331 22  -  VINCENT WEE By KEPPEL Offshore and Marine unit Keppel Fels has put another of its proprietary ultradeep water semisubmersible drilling rigs on the market. The completed DSS 51 rig Development Driller 111 for Transocean was named over the weekend. The rig is designed
      331 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2590 22 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:
      2,590 words
    • Article
      Lock icon Baltic Exchange dry index rises to 3-month high
      398 22 Reuters [LONDON] The Baltic Exchange's leading shipping index, which tracks prices to ship key commodities, leapt last Friday to a new three-month high and brokers said this was largely due to China resuming iron ore imports. The London-based index, which gauges prices
      Reuters  -  398 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        107 22 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd... Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mare Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.25 0.18 0.87 unch 0.66 0.41
        107 words
      • Article
        Lock icon KLSE
        31 22 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd 0.53 8.55 8.50 2.75 2.42 unch -0.02 0.20 0.10 0.18 -0.02 unch 31 5: 147' 141! i
        31 words
      • Article
        Lock icon BANGKOK
        12 22 '00 'recious Ship Regional Cont 13.10 6.65 0.80 1687: -0.20 352;
        12 words
      • Article
        Lock icon HONGKONG
        11 22 '000 Soil iingamas Cont 20.30 ..0.84 0.66 -0.01 105; 890;
        11 words
      • Article
        Lock icon PHILIPPINES
        16 22 '000 Aboitiz Equity Intl Container Keppel Marine 6.00 12.00 unch 0.40 1674" 0.25 2827( unch
        16 words
      • Article
        Lock icon TAIPEI
        23 22 Evergreen Marine ....13.60 :irst Steamship 34.50 /Van Hai Lines 13.80 r'ang Ming Marine 9.55 -0.15 0.40 -0.20 0.05 7 9 3 11
        23 words
      • Article
        Lock icon TOKYO
        40 22 '000 Cawasaki Hvy Ind ..174.00 Cawasaki Kisen 401.00 Mitsubishi Hvy 319.00 vlitsui Eng&Sbldg...149.00 vlitsui Osk Lines 629.00 Mippon Express 329.00 MipponYusen 502.00 iource: Thomson Reuters 1.00 1490; 5.00 1222} -7.00 3073} -2.00 549! -9.00 4858; 9.00 349; 6.00 1276}
        40 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      374 22 CRYPTIC CROSSWORD ACROSS I Footballers confronting old r —i p; —i rz —i HK —If —I U —l [7 —l [3 rebel make an appearance (5)I'""~ i 4 Holiday taken when twenty- r^ m weeks pregnant? (4-4) 10 US novelist who drove Gail j j I crazy (4,5) mA. H
      374 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8906 23 Week ended: Feb 6 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 9 3 3148 STelecom 12.5 3 5834 A-Sonic 110 100 6389 ABFSGBondFTF 30.5 12 5000 ABR Hldgs 19 6 1938 AEI Corp 10 1 1100 AEM 26 7 2101 APOil 89
      8,906 words
    • Article
      Lock icon SGX CATALIST
      1930 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      1,930 words
    • Article
      Lock icon SGX XTRANET
      66 24 52-Wk Tel h Low Code Last Sale Vol ('000) Week lh Low Last Quote Buyer Seller Div GrYld Net MCap Cvr P/E $mil _Hm Com _Hm ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P500 ***** ***** 6170 SPDRS 335
      66 words
    • Article
      Lock icon CLOB INTERNATIONAL
      64 24 Hie Low Code Comi Sale roool Hie Low Bu1 Seller C'vr P/E $mil 88 30.5 6000 AVJennings 12 4 6134 Over&Gen 27 6 6017 StarCruises 248 104 6019 TanChonglnt A36 A8 IIS8 IIK107 unch unch -15 56 2339 18 40 8.5 107 30.5 7.5 106 31 7.5 108
      64 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      111 24 e Land 2.360 -0.020 eMall 1.450 -0.050 lit' 5.370 +0.020 ■osco Cor| 0.870 +0.035 eBS Gr| 8.520 -0.150 :SN 2.810 +0.050 ient Intl 0.430 +0.010 iolden At iri 0.320 +0.020 KLand 2.100 +0.040 IMH 19.760 -0.080 JSH 10.400 +0.020 Jardine CSC 10.580 +0.460 il Con 4.320
      111 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      103 24 Up Down Unch Up Down Unch Up Down Unch lulti Ind 7 9 2 0 0 0 7 9 2 lanufacturine 55 75 63 13 68 83 70 lommerce 17 26 21 20 31 25 r/C. ms 15 16 15 17 10 :inance 13 27 13 27
      103 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      105 24 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 84.275 84.275 236.701 236.701 lanufacturing 953.903 27.489 981.392 616.802 1.559 618.361 lommerce 237.654 25.246 262.900 258.723 3.536 262.259 ]t/Stor/Comms 456.125 827 456.952 721.049 33 721.082 :inance 163.645 100 163.745 1.113.970 1.113.976 lonstruction 113.923 1.579 115.502 8.280 33 8.313 ■roe
      105 words
    • Article
      Lock icon STOCKS ASIA
      2794 24 Transaction date: Feb 6 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■ooo HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific Sank Of E Asia Jeida Jade Bird Jeijing
      2,794 words
  • Page 23 Advertisements
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  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      29 24 Insiders'trades. Brokers'recommendations. Dividend table. TUC Dl ICIMECC XllV/ICC The pages also cover transactions by directors and substantial It DU3IIMC33 I lIVIC3 shareholders. In other words, news you can use.
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      361 25 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Feb 6 World Index Preliminary 649.9 1.8 -4.1 1.3 -1.9 1.7 -5. EAFE Preliminai 619.5 1.6 -4.6 1.1 -4.2 1.6 -7.e Euro[ Prelim inan 882.5 1.9 -3.2 1.7 -3.8 2.2 -7.! Pacific
      361 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 25 As at 9am Feb 6 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9700 1.0260 .an dollar 1.2120 1.2260 Euro 1.9110 1.9330 NZ dollar 0.7660 0.7830 iterline end 2.1850 2.2101 US dollar 1.4940 1.5110 Local dollars to 100 units of foreign
      130 words
    • Article
      Lock icon INTERBANK RATES
      172 25 Feb 6 fee Overnight 1/8 1-month 7/1(5 2-months 9/1(5 3-months 11/1(5 Overnight mode: 1/1(5 US$ Offer 1/1(5 3/115 5/115 7/115 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.45 0.150 1.20 1.150 2.00 2.30 2.50 Offer 0.35 0.50 0.80 1.10
      172 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 25 Feb 6 STI SIMSCI Feb 208.4 208.8 207 Taiwan Feb 167.1 171.1 170.2 Source: MF Global (S) He. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Feh 6 S$ Bid Offer 1-month 1.5038 1.5049 2-months 1.5032 1.5044 3-months 1.5025 1.5038 6-months 1.5011 1.5025 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      62 25 Feb 6 Delivery Month Opening Range Sett Av Price Price Hie Low Vol Open Done Position Feb 09 1930 1925 1935 1915 1119 2962 Mar 09 1903 1899 1913 1860 3803 ***** Apr 09 1908 1880 1908 1854 7728 ***** May 09 1891 1887 1893 1850 4199 *****
      62 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      308 25 Feb 6 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar09 Jun09 Sep09 Dec09 98.8400 98.8950 98.8650 98.7350 ***** 4913 4608 2347 EUROYEN TIBOR FUTURES Mar09 99.330 99.335 Jun09 99.430 99.435 Sep09 99.495 99.495 Dec09 99.495 99.495 Mar10 Jun10 Sep10 Dec10 99.330 99.430 99.490 99.495 99.330 99.430
      308 words
    • Article
      Lock icon SICOM FUTURES
      112 25 Feb 6 DIIDDCD i-..^. lr -i _i RSS 3 (US cents/kg) Month Hie Low Close Sett Volume (lots) O/l lots) Mar 09 151.0 Apr 09 152.8 May 09 Jun 09 Jul 09 153.0 Aug 09 155.0 151.0 152.7 153.0 152.0 151.0 152.7 153.0 153.0 153.0 152.0 12 60
      112 words
    • Article
      Lock icon PHYSICAL PRICES
      59 25 Fel Bu rers Sellers Bir rers Sellers As at 12 noon (S cents/kg) RSS2Mar2009 232.25 RSS3Mar2009 232.00 RSS4Mar2009 228.75 RSS5Mar2009 224.25 No 1 ADS 253.25 As at 5pm (S cents/kg) 233.25N RSS2Mar2009 232.25 233.25N 233.00N RSS3Mar2009 232.00 233.00N 229.75N RSS4Mar2009 228.75 229.75N 225.25N RSS5Mar2009 224.25 225.25N 225.25N No
      59 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 25 Feb 6 Period Issue code Maturity Yesterday's Bid Hie Day's [h Low 3-Month BQ*****S 07.05.09 1-Year BY*****V 02.11.09 0.36 0.43 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0E 3.125 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X
      88 words
    • Article
      Lock icon CHICAGO BOT
      103 25 Feb 6 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 09 1001.00 980.00 1007.75 976.75 May 09 1006.00 983.25 1011.75 981.50 Jul 09 1012.00 987.25 1017.25 985.00 Aug 09 1005.00 978.50 1004.25 987.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 09 33.40 33.05 33.54 32.94
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      78 25 CRUDE OIL PRODUCTS Feb 5 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 46.14 1.71 WTI (Near Mth) 40.89 0.50 Dubai (1-Mth F) 44.51 0.38 Tapis blend 45.65 0.40 Minas 42.30 0.40 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 47.10 55.74 2.20 1.35 USS/barrel US! Opec
      78 words
    • Article
      Lock icon INTERBANK CROSS RATES
      462 25 Feb 6 AS CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.811 4.477 0.513 5.080 31.916 76.980 0.596 9.067 2.361 1.265 51.891 30.897 0.986 6.479 0.768 22.095 22.963 0.445 0.655 Canada 1.233 5.520 0.633 6.263
      462 words
    • Article
      Lock icon SIBOR
      79 25 Feb 6 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 1.***** syrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 2.***** 15 yrs 2.***** Source: Thomson Reuters (US$) (s$) 0.***** 0.***** 1 mth 2 mths 0.***** 0.*****
      79 words
    • Article
      Lock icon PRECIOUS METALS
      130 25 Feb 6 /oz) long Kong .ondon 904.80 906.9C 905.80 907.9C Feb 04 Feb OS 904.65 916.45 906.65 918.45 Source: Thomson Reuters CAST BAR (S$) Feb 0( Buyin( Selline Kilobar ***** PAMP GOLD BARS (S$) Selling 4396; Buyin; gm jgm Ogm !Ogm JOgm OOgm oz ozUBS Kinebar™ 105.93 299.6
      130 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 25 Feb 6 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9850 0.9864 0.6549 0.6554 Canadian dollar 1.2145 1.2159 0.8075 0.8079 Euro 1.9199 1.9222 1.2765 1.2772 NZ dollar 0.7783 0.7796 0.5175 0.5180 Sterline 2.2158 2.2179 1.4733 1.4737 US
      156 words
    • Article
      Lock icon LONDON METALS
      62 25 luminium, 99.7% urity (US$/tonne) Close Previous :ash 1434.00 months 1468.00 1399.01 1433.01 Copper, Grade A (US$/tonne) ;ash months 3507.00 3540.00 3297.25 3330.00 .ead (US$/tonne) :ash 1174.00 months 1185.00 1135.75 1145.00 lickel (US$/tonne) ]ash I months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) :ash *****.00 *****.01 months *****.00 *****.01 inc.
      62 words
    • Article
      Lock icon LIFFE
      68 25 Feb 6 :OCOA (Btonne) jh/Low Close Prev Hie Mar 09 2000 1966 2007/1965 May 09 1971 1943 1975/1943 Jul 09 1963 1936 1965/1936 Sep 09 1955 1929 1959/1929 COFFEE (US$/10tonne) Close Pev High/Low Mar 09 1665 1649 1674/1644 SUGAR (US tonne) White Close Prev High/Low Mar 09 386.5 378.2
      68 words
    • Article
      Lock icon BONDS & WARRANTS
      2362 25 BONDS WARRANTS rel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price 'rem Expiry Disc Gear- Mths ing Left >058 Advance Modules Grp W*****3 17 156 1.50 42 >036 Advance SCT Ltd W*****9 0.5 87 1358 12.00 S092 Asia Environment W*****4 0.5 38 267 21.00 6 1481 Asia
      2,362 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      2842 26 m The Business Times wawm Shipping Times I WAN HAI INTERNATIONAL PTE LTD *****469 5M Mf** B*E KKWWainifflrjSra^ I l%TxKl\ IAfAM UAI I IMF? TEL *****588 (KLINES) FAX:*****163 UMi Mm^^MU mKSmO^iISMmKSS^aEWMti I \\^^B I WAN HAI INt J FKL TEL: (03l *****88S FAX: (03) *****288 PEN lEL: (04) *****00 FAX:
      2,842 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      3671 27 pS^HHHSni^^^^^^^H IT^\ eastern car liner, ltd sJsJJ r//^ |f-™_ 1 specialize in roro heavy lift UPTO 450 ton!~| WEEKLY EXPRESS SAILING SCHEDULE |UimUtt^9 B VOY I Romp(KT) I Lillinq(KT) I MUA I SIN I PKL I LCB I JKT I SUR I pililailliiillUiUflffllill^ PCL/PHL SERVICE AMX SERVICE Connecting ECL Svc
      3,671 words
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  • BizIT
    • Article, Illustration
      Lock icon Budget boost for infocomm firms
      719 28 Measures address business cost concerns even though SiTF poll found mixed responses, reports ONG BOON KIAT THE government's measures in the 2009 Budget to help businesses weather the distressed economy have drawn mixed responses from local infocomm firms polled by the Singapore Infocomm Technology Federation
      719 words
    • Article, Illustration
      Lock icon S'pore SMBs seen spending on ICT to remain positive
      798 28  -  AMIT ROY CHOUDHURY SMBs in APEJ will spend USs6.sb more this year: AMI study By SMALL and medium-sized businesses (SMBs, or companies with up to 999 employees) in Singapore are spending about US$3 billion on technology every year and are on
      798 words
    • Article
      Lock icon IDA to help promote location apps offerings
      350 28  -  WINSTON CHAI By THE growing popularity of services such as Google Maps has led to the creation of dozens of homebrewed Web applications from public transport directories to real-time ERP information. Now local authorities are pitching in to promote the development of more
      350 words
    • <what's up>
      • Article
        Lock icon Microsoft's new GM for APEJ comms sector
        81 28 MICROSOFT has appointed Geoff Thomas as the new general manager for its communications sector business in the Asia-Pacific region. He will now oversee the operation of this unit across 13 Asian markets, including Greater China, India and Japan. A company veteran of nearly
        81 words
      • Article
        Lock icon Avaya names new channels head for Asia
        82 28 ENTERPRISE communications system maker Avaya has selected Chee Heng Loon to be its new managing director of channels and alliances for its Asia-Pacific operations. In his new position, Mr Chee will oversee the firm's channel programmes and partnership initiatives in the region and
        82 words
      • Article
        Lock icon LG gets new regional marketing head
        69 28 LG Electronics has named 80-Hwan Choi as its new vice-president and head of mobile communications marketing in Asia. Besides overseeing sales and marketing for the company's mobile business unit, he will also take on the larger responsibility of overseeing LG Communications Company's regional operations.
        69 words
      • Article
        Lock icon A central vault for the digital home
        153 28 CISCO Systems' consumer networking arm Linksys has introduced a new range of products which promises to give users the ability to centrally store and access all their digital media files. The new Linksys Media Hub makes it easier for consumers to share files
        153 words
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        Lock icon Logitech offers 'comfort' for laptops
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