The Business Times, 18 February 2009

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

Total Pages: 30
1 30 The Business Times
  • 22 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 197/08/2008 Wednesday, February 18,2009
    22 words
  • 722 1  -  ANTHONY ROWLEY Stimulus package may be delayed and general elections may be called early B\ in Tokyo POLITICAL and economic crisis threatened to engulf Japan yesterday after Finance Minister Shoichi Nakagawa quit his post following an uproar over his odd behaviour
    AFP  -  722 words
  • MARKETS DIGEST
    • 46 1 uesi lay lange 1COMP 898.53 -8.66 IIKKEI225 7,645.51 -104.66 1ANG SENG 12,945.40 -510.48 ;et index 438.22 -8.42 JAKARTA COM P 1,318.04 -23.96 IANILACOMP 1,899.90 -15.89 ;eoulcomp 1,127.19 -48.28 ;henzhen b 318.65 -12.98 IUMBAI IND 9,035.00 -270.45 11AM EST Cham )OW 7,611.86 -238.55 IASDAQ 1,484.40 -49.96
      46 words
    • 28 1 13.00 Bloomberg SINGAPORE 5.38 MALAYSIA 5.91 HONGKONG 5.00 INDONESIA 16.467 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 1.00 US 3.25 CANADA 3.00 SWITZERLAND 0.53 INDIA Source
      13.00 : Bloomberg  -  28 words
    • 45 1 IS$ (S$ per US$) 1.528 (US$/S$ per 1.414 2.161 ;URO (US$/S$/E) 1.264 1.931 Foreign currency per US$ S$ 'EN 92.20 60.40 3.643 2.384 IK$ 7.755 5.075 !AHT 32.27 23.08 lUPIAH 11,900 7,789 lENMINBI 6.840 4.476 INDIAN RUPEE 49.23 32.22 1.564 1.024 IZ$ 1.970 1.289
      45 words
  • 757 1  -  CHUANG PECK MING NODX hit by 35% dive in January; economists predict long squeeze By [SINGAPORE] Singapore's key non-oil domestic exports (NODX) entered 2009 with a big crash plunging 34.8 per cent in January the biggest year-on-year contraction since the series
    757 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 52 1 f^W CHAPTER 11 CFO TRANSPORT HUB EXECUTIVE MONEY Ihimp Entertainment CONVERSATIONS Qr Breakbulk sector: a silver The fund manager with files for bankruptcy Managing through y^% lining()n the horizon no view on markets I page 14 the downturn page 30 ifTTu-maES^J page 16 page 28 Moody's report spooks European markets
      52 words

  • TOP STORIES
    • 796 2  -  CHUANG PECK MING Nathan and advisers alerted to economic storm in mid-2008 By [SlNGAPOßE] President S R Nathan and his council of advisers had been alerted to the fast-approaching economic storm as early as mid-2008. And it was the urgency of the situation that
      AZIZ HUSSIN/THE STRAITS TIMES  -  796 words
    • 617 2 Reuters Warning triggers sell-offs in financial stocks, puts pressure on currencies [VIENNA] Ratings agency Moody's yesterday sparked fresh fears that emerging Europe's economic crisis could deepen, causing a sell-off in stocks and currencies by saying banks in the region with large loanbooks faced downgrades.
      Reuters  -  617 words
    • THREE-MINUTE DIGEST
      • 47 2 SINGAPORE'S key non-oil domestic exports entered 2009 with a big crash plunging 34.8 per cent in January the biggest year-on-year contraction since the series started in 1980. Domestic shipments to all Singapore's top 10 markets tumbled. FRONT PAGE
        47 words
      • 65 2 POLITICAL as well as economic crisis threatened to engulf Japan yesterday after Finance Minister Shoichi Nakagawa announced that he would quit his post following an uproar over his odd behaviour at last week's G-7 finance ministers meeting. Economics Minister Kaoro Yosano
        65 words
      • 41 2 MOODY'S yesterday sparked fresh fears that emerging Europe's economic crisis could deepen, causing a sell-off in stocks and currencies by saying banks in the region with large loanbooks faced downgrades. TOP STORIES, PAGE 2
        41 words
      • 55 2 PRESIDENT S R Nathan and his council of advisers had been alerted to the fast-approaching economic storm as early as mid-2008. And it was the urgency of the situation that prompted him to agree to the government's request to unlock past reserves, he said
        55 words
      • 53 2 THE Alexis condo sold like hot cakes last week and now a few buyers at the fully-sold project are trying to flip their units in the subsale market, notwithstanding the fact that Singapore is in the throes of its worst recession. TOP
        53 words
      • 70 2 ST Engineering's net profit for the fourth quarter ended Dec 31 has fallen 30.1 per cent to $102.3 million, from $146.4 million a year earlier. For the full year, ST Engg made a net profit of $473.6 million, down 6 per cent from $503.5
        70 words
      • 57 2 GREAT Eastern Holdings saw a 47 per cent slump in its net profit for the fourth quarter ended Dec 31, 2008, to $76.5 million from a year ago, as its investments suffered a blow from the market turmoil and profits from
        57 words
      • 44 2 SCHERING-PLOUGH Corp yesterday opened a multi-million dollar Translational Medicine Research Centre which will hire up to 70 staff, mostly researchers and physicians, over the next few years. About 20 have already been recruited. SINGAPORE NEWS, PAGE 9
        44 words
      • 72 2 THE Asian Development Bank says that it is "desirable" to ease restrictions on the amounts that nations can swap under a currency accord between South-east Asian countries, Japan, China and South Korea as the global recession deepens. Finance ministers from these countries
        72 words
    • 817 4  -  KALPANA RASHIWALA Other developers try to ride buying wave by relaunching units at lower prices By [SINGAPORE] The Alexis condo sold like hot cakes last week and now a few buyers at the fully sold project are trying to flip their units
      817 words
    • 729 4  -  YEN SREENIVASAN Stock hits multi-year low, with analysts taking downbeat view of airline's prospects By [SINGAPORE] Singapore Airlines shares plunged as the market took a bearish view of the company's prospects after passenger traffic recorded its sharpest dive in five years. The
      Bloomberg  -  729 words
    • 604 4  -  EMILYN YAP By [SINGAPORE] A steering committee is exploring revisions to the Companies Act to keep Singapore's corporate regulations relevant in rapidly changing times, Finance Minister Tharman Shanmugaratnam said yesterday. Potential changes to the Act include the creation
      604 words
  • Page 2 Advertisements
    • 150 2 m ylf J9 bK^l I NUS Business School is proud to present an exclusive preview of the NUS Executive MBA Programmes. Join us for an enriching session with our renowned Academics: Session 1: Session 2: Accounting Numbers and the Financial Market: Gaining Brand Leadership Is there a Correlation? Dr Prem
      150 words

  • Page 3 Advertisements
    • 243 3 First we created the world's most sought after luxury SUV. Then we further perfected it. Introducing the all new Lexus RX 350 with control and comfort beyond compare. Find yourself in control as you slip behind the wheel of our newest creation. However, control is just one important aspect of
      243 words


  • COMPANY NEWS
    • 670 5  -  ARTHUR SIM RECURRING income from property investments may prove to be Metro Holdings' saving grace. Metro reported its first quarterly net loss in nine years for its second quarter ended September, but it pulled back into the black for its third quarter
      670 words
    • 529 5  -  CHEWXIANG Full-year earnings dip to $473.6 m, due to doubful debts, impairment charge By ST Engineering's net profit for the fourth quarter ended Dec 31 has fallen 30.1 per cent to $102.3 million, from $146.4 million a year earlier. However, sales rose 3.8 per
      YEN MENG JIIN  -  529 words
    • 102 6 Reuters SINGAPORE'S chip packaging and testing firm STATS ChipPAC yesterday said that it will not proceed with an exercise to reduce its capital because it was unable to obtain debt financing amid the financial turmoil. Last year, the company, which is majority owned by Singapore
      – Reuters  -  102 words
    • 258 6 MOODY'S Investors Service yesterday said that it has placed the corporate family rating of Ascott Residence Trust (ART) on review for possible downgrade, on the rating agency's expectation that the trust's operating performance will weaken over the next two years. Said Moody's
      258 words
    • 554 6  -  LYNETTE KHOO Its investments were hit by market turmoil while insurance gains fell Reports by GREAT Eastern Holdings saw a 47 per cent slump in its net profit for the fourth quarter ended Dec 31, 2008 to $76.5 million from a
      554 words
    • 228 6 GREAT Eastern has written down $64 million of indirect exposure to Wall Street money manager Bernard Madoff s funds. This represents 0.15 per cent of Great Eastern's assets of $44 billion at end-2008. In the fourth quarter ended Dec 31, 2008, Great Eastern
      228 words
    • 303 6 Reuters CHINESE medicine firm Eu Van Sang said it expects zero profit growth for the next 12 months, as retail spending slows amid the global financial crisis. "We are working on a basis of zero per cent growth for the next 12 months,"
      Reuters  -  303 words
    • 412 6 Bloomberg [SYDNEY] SP AusNet, the Australian power distributor majority owned by Singapore Power Ltd, was cut to "hold" from "buy" by Goldman Sachs JBWere Pty, which cited its potential liability for two bushfires in Victoria. "We cannot recommend buying SP AusNet given
      Bloomberg; I AP  -  412 words
    • COMPANY BRIEFS
      • 35 6 EMS Energy yesterday warned of a loss for the full year of 2008. It is expected to be higher than the loss of $1.78 million the preceding year.
        35 words
      • 80 6 PINE Agritech yesterday warned that it expects to report lower revenue and profit for the fourth quarter ended Dec 31, 2008, compared to the previous corresponding period. "The recent global economic downturn had resulted in lower export volume and weaker domestic demand for
        80 words
      • 69 6 CHINA Auto Electronics said it expects to mark losses in the fourth quarter and full year ended Dec 31, 2008. Revenue from its China operation continued to be affected by the slowdown in the Chinese auto industry, while it had to make heavy
        69 words
      • 69 6 EQUATION Corp said yesterday that a fire occurred at noon in the factory/warehouse of CH E-Recycling Pte Ltd, its subsidiary. The factory deals with recycling and trading of electronic waste and scrap metals. Equation said the relevant authority is investigating the cause of
        69 words
    • 399 7  -  JAMIE LEE It also responds to SGX query on its Indonesian coal mining deal By WATER-treatment group Dayen Environmental has been queried by the Singapore Exchange (SGX) again this time over its first-quarter results. The exchange also sought an update on Dayen's investment
      399 words
    • 370 7  -  LYNETTE KHOO By THE two shareholders seeking the ouster of NEL Group's board of directors have lost one of four nominees they put up for election as directors. NEL yesterday said that it has received a faxed copy of a letter dated
      370 words
    • 150 7 Full year ended Dec 2008 Three months ended Dec 2008 NET PROFIT TURNOVER NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT PREVIOUS %CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS %CHNG (S.m) (Sl.m) (Sim) (S:.m) 1 STEngg 473.64 503.50 -5.9 5344.52 5050.98 5.8 102.26 146.37 -30.1 1346.41 1296.29 3.9 2
      150 words
    • 255 7  -  LIEWAIQING By DESPITE a 23 per cent year-on-year rise in revenue to $168 million for 2008, Challenger Technologies found itself with a 25 per cent fall in net profit to $5.3 miUion. A key factor was a jump in "other charges" from $470,000 to
      255 words
    • 339 7  -  OH BOON PING By SOILBUILD Group has reported a 60 per cent year-on-year jump in net profit to $30.5 million for the fourth quarter ended Dec 31, 2008. Revenue for the three months ended Dec 31, 2008, rose 46 per cent to nearly $50
      339 words
    • 413 7  -  BRITTANY KHOO By CHINA Hongxing Sports' fourth-quarter revenue sprinted to a 28.2 per cent growth as expansion efforts paid off but resulting higher costs and a dip in profit margin pushed net earnings down 29.8 per cent. The three months ended Dec 31, 2008,
      FILE PHOTO  -  413 words
    • 411 7  -  LYNETTE KHOO By CHINA-BASED Zhonghui Holdings yesterday appointed a local auditing firm, Paul Wan Co Certified Public Accountants, as new external auditors to replace outgoing Horwath First Trust. This appointment was approved by shareholders at an extraordinary general meeting (EGM) yesterday. Horwath First Trust had
      411 words
  • Page 5 Advertisements
    • 12 5 CATS Recruit The first step on your ladder to success >^ MATS RECRUIT
      12 words
    • 272 5 If I 1 I Emerging Enterprise Award 2009 $360,000 worth of prizes to complete I L— the picture of your business success I _j mt V v J V 7 *^!Mmk biffizlji Wt&k •^JSI9 Hv^^^^^^itOS JB?a^ The prestigious Emerging Enterprise Award 2009 is jointly presented by The Business Times and
      272 words

  • Page 6 Advertisements
    • 113 6 Senior M&A corporate lawyer (7+ years PQE) Strong transactional experience with a focus on cross-border M&A Senior contentious financial regulatory lawyer (7+ years PQE) Financial services regulatory experience with a Singapore law firm or with a Singapore regulatory body Junior finance lawyers (2-5 years PQE) Focus on international structured loan
      113 words

  • Page 7 Advertisements
    • 52 7 IN TOUGH TIMES BivV-'y'''^-';''"'-.:||V^ _'''I^^^^BißiSMP^B |f s. Meet World's Foremost Authority on Leadership and Change Harvard Business School Professor and >' Change Consultant ffiG 33 n? v d^M Professor John p- Kotter |A©BO^HpSML^^^^S^H^^^H Vv M -Hfl^ \)r^ imK JftnmrH:nn grlnntal Biwanqmaarlnq Inc J H^H SINGAPORE! MANAGtM[NT H i?Jr i/Ji'-mm Singapore
      52 words

  • SINGAPORE MARKETS
    • 732 8  -  LARRY WEE CURRENCIES Even the yen is hit, so keep a close eye on first supports for stocks and currencies FINANCIAL market action this past week has told us in no uncertain terms that the euphoria leading up to last week's two US rescue packages
      732 words
    • 227 8 The weeks changes YEAR TO DATE FEB 17 '09 HIGH LOW CLOSE CHNG US$ VS CURRENCY JPY 91.75 0.64 112.05 87.11 SGD 1.5277 1.88 1.5346 1.3457 IDR ***** 1.62 ***** 9035 THB 35.28 0.80 35.83 31.00 CNY 6.8418 0.13 7.2085 6.8099 MYR 3.6410 1.46 3.6470** 3.1310 CURRENCY
      227 words
    • 85 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 10 2 0 0 0 2 10 2 lanufacturing 21 64 47 22 69 56 Commerce 24 14 25 18 'pt/Stor/Comms 17 10 17 11 :inance 10 28 10 28 Construction 'roperties 29 29 lotels/Rsts
      85 words
    • 101 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 37,646 37,646 70,927 70,927 lanufacturing 170,488 14,615 185,103 94,019 536 94,555 Commerce 63,277 3,813 67,090 63,838 452 64,290 ■pt/Stor/Comms 74,475 50 74,525 145,284 145,287 :inance 42,813 42,813 275,039 275,039 Construction 13,871 2,144 16,015 1,177 18 1,195 ■roperties 61,885 61,885
      101 words
    • 108 8 lapitaLand 2.650 -0.090 lapitaMall 1.320 +0.010 jtyDev 5.220 -0.200 losco Corp 0.820 -0.030 IBSGrp 8.030 -0.170 :&N 2.720 -0.060 Sent Intl 0.430 -0.015 iolden Agri 0.275 -0.030 IK Land 2.140 -0.010 IMH 17.260 -0.460 ISH 9.140 -0.240 lardineC&C 9.850 -0.410 leppel Corp 4.060 -0.130 leppel Land
      108 words
    • 799 8  -  LYNETTE KHOO Fraser Neave Feb 17 close: $2.72 CIMB-GK, Feb 16 FIRST quarter 2009 core net profit of $71.4 million forms 17 per cent of our full-year forecast as lower property bookings and weaker dairy income due to the melamine scare proved to be drags. We believe results
      799 words
    • 592 8  -  R SIVANITHY STOCKS AS always, movements here are dictated by expectations of how Wall Street might perform later in any given day, such is the nature of programme trades that links markets. So given that the March futures on the Dow Jones Industrial
      592 words
    • 4 8 DAILY
      4 words
    • 61 8 Feb 17 VALUE CLOSE BT OB/OS -298.00-148.00 BT CADI -*****.00-174.00 BT 10-day MA -*****.00 -30.00 FTSE ST Mid Cap 333.59 -10.49 FTSE ST Small Cap 273.97 -5.66 FTSE ST All Share 392.97 -10.45 FTSE ST China Top 172.05 -7.83 FTSE ST China 169.23 -7.42 UOB Catalist 69.44
      61 words
    • 64 8 VOLUME Golden Agri 139,837,000 China Honqxinq 35,727,000 Sing Tel 27,157,000 Straits Asia 26,474,000 Noble Grp 22,865,000 Capita Mall 20,689,000 Capita Land 18,203,000 DBS DB eCWO9O9I4A 15,855,000 IndoAqri 15,669,000 SGX 15,359,000 VALUE(S) DBS Grp 82,690,015 SGX 75,407,430 UOB 71,055,973 Sing Tel 66,940,874 Capita Land 48,821,330 Golden Agri 40,191,280
      64 words
    • 111 8 CLOSE UP 9470 348.3 2.5 GLD 10US$ DBS Bk6% NCPS 10 9860 50.0 0.5 OCBC Bk5.1%NCPS 100 9400 20.0 0.2 UOI 230 9.0 4.1 Creative Tech 408 8.0 2.0 STI 1750 DBePW*****4 46.5 6.0 14.8 SGX BNP ePW*****6 46.5 5.5 13.4 STI 1850 DBePW*****1 53 5.5 11.6 STI 2200BNPePW*****6
      111 words
    • 120 8 CLOSE DOWN STXPO 100 980 -80.0 -7.5 China H 10US$ 930 -76.4 -5.1 JMH 1726 -70.3 -2.6 OCBC Bk4.5%NCPS 100 8320 -50.0 -0.6 S I A 997 -47.0 -4.5 Jardine C&C 985 -41.0 -4.0 SIA 200 998 -40.0 -3.9 JSH 914 -36.7 -2.6 OUE 825 -33.0 -3.8 India Ni
      120 words
    • 86 8 iere« S$ stands Feb 17 %CHNG CLOSE FRF* 16 YR 2008/2009 S$ LOW S$ HIGH USS 1.5277 -0.86 1.5346 1.3457 Euro 1.9295 0.17 2.2064 1.8640 Pounds 2.1625 -0.24 2.8431 2.0356 AS 0.9762 0.71 1.3251 0.9068 Yen* 1.6651 -1.00 1.7278 1.2619 Rupiah* 0.***** -0.24 0.***** 0.***** Baht* 4.3302 -0.55 4.4299
      86 words

  • SINGAPORE NEWS
    • 361 9  -  CHEN HUIFEN Location lets firm tap Asian talent pool, says chief scientific officer Byl THE first American pharmaceutical company to open a manufacturing plant in Singapore has expanded its operations here to include R&D work as well. Schering-Plough Corp yesterday opened a mul-ti-million
      361 words
    • 268 9 BIOMEDICAL manufacturing output will be hit as the industry continues to be affected by global shifts in demand for drugs. "This year, we anticipate flat or even slightly negative output," Economic Development Board managing director Beh Swan Gin said yesterday. "In terms of new
      268 words
    • 472 9  -  NISHA RAMCHANDANI By THE economic downturn is challenging for private banking but Asia is well-placed for a soft landing and a speedy recovery, a private banker said. Pointing to markets that are still attractive, such as mainland China, ING Private Banking's Asia-Pacific CEO
      472 words
    • 206 9 THE Community Foundation of Singapore (CFS), an independent, non-profit philanthropic organisation, was officially launched by President S R Nathan yesterday. CFS, which targets high-net-worth individuals and companies, will seek substantial financial commitments with which to match-make donors and recipients and will manage the funds on their behalf.
      206 words
    • 527 9  -  LEE U-WEN By DESPITE its combined population of 550 million people and combined GDP of US$l trillion, the Association of Southeast Asian Nations (Asean) must be realistic about its standing in the eyes of the US. South-east Asia and Asean must
      527 words
    • 379 9  -  AMIT ROY CHOUDHURY By A NEW company has been set up to help share Singapore's expertise in information and communications solutions for the public sector. IDA International, a wholly owned subsidiary of the Infocomm Development Authority of Singapore (IDA), will meet increasing requests
      379 words
  • Page 9 Advertisements
    • 151 9 A member of gffl| psb Acader It's about keeping pace with a tumultuous M ■■■■■■■■■I business world. Equip yourself with HliUliiilillßilliiii^l updated knowledge and a prestigious Master of Business Admin i Strat i On MBA to move ahead in your career. (General/Finance) PSB Academy and The University of *Awarded The
      151 words

  • ECONOMY WATCH
    • 891 10 -AP [WASHINGTON] It seems like the country that used to make everything is on the brink of making nothing. In January, 207,000 US manufacturing jobs vanished in the largest one-month drop since October 1982. Factory activity is hovering at a 28-year
      -AP; Bureau of Labor Statistics; Bureau of Economic Analysis; AP Graphics  -  891 words
    • 596 10 Bloomberg Finance ministers meeting up in Thailand on Sunday to bolster forex pool [JAKARTA] The Asian Development Bank says that it is "desirable" to ease restrictions on the amounts that nations can swap under a currency accord between South-east Asian countries, Japan,
      Bloomberg; REUTERS  -  596 words
    • 479 10 NYT Carrot and stick plan a bid to reduce home foreclosures [WASHINGTON] US President Barack Obama's plan to reduce the flood of home foreclosures will include a mix of government inducements and new pressure on lenders to reduce monthly payments for borrowers at
      NYT  -  479 words
    • 305 10 Bloomberg [SINGAPORE] Hedge-fund assets will likely drop by about US$l92 billion this quarter after the industry's record losses last year, according to estimates by ÜBS. Global assets will likely fall to U551,215 trillion in the first quarter, said Timothy Bell, London-based head of hedge
      – Bloomberg  -  305 words
    • 437 10 Reuters But investor worries depress currency and stock markets [SEOUL] South Korea yesterday dismissed market talk it faced a possible foreign exchange crisis in March but local stocks and the won fell sharply as nervous investors bought up US dollars just in case. South
      Reuters  -  437 words
  • Page 10 Advertisements
    • 94 10 Symantec Asia Pacific Blast Off with Norton Hardware Zone Partner Promotion Lucky Draw Notification Competition Name: Blast Off with Norton The prize includes round-trip,coach class air transportation from Singapore to Orlando, standard hotel room fortwo nights/three days; ground transportation to and from the airport; ground transportation to and from the
      94 words

  • MALAYSIA/INDONESIA
    • 543 11 -AFP The slide in retail sales in 2008 fails to halt the explosion of new malls [JAKARTA] With opulent attractions from children's rides and slippery slides to faux-European boulevards, the massive malls of Indonesia's capital are attracting plenty of visitors but few
      -AFP; AFP  -  543 words
    • 453 11  -  S JAYASANKARAN By in Kuala Lumpur IN a move that could pave the way for yet another by-election in Malaysia, Selangor state executive councillor Elizabeth Wong, 37, yesterday offered to resign all her positions, including her state assembly seat, after nude photos
      453 words
    • 194 11 -AP [JAKARTA] Indonesia may revise its 2009 Budget to respond to a drop in commodity prices and export demand caused by the global economic slowdown, lawmakers and economists said yesterday. Rusman Heriawan, who heads the Central Statistic Agency, said South-east Asia's largest economy grew by
      -AP  -  194 words
  • Page 11 Advertisements
    • 1223 11 Tuc AppßcriAjmN OF P^P^^rt^W w^fc IN TOE MATTER OF THE COMPANIES ACT. I I PIC /\rrr\t^lftl lUI>I UP iSiSjUSi Bl CAP. SO AND IN THE MATTER OF I r^ K^ tIW^S T BANKING AND INVESTMENT IAIMAUJ^Zj9m| W^SL (In Member's Voluntary Liquidation) \W> -ti?l NOTICE TO CREDITORS NOTICE IS HEREBY GIVEN
      1,223 words

  • GREATER CHINA
    • 537 12 Reuters CIC said to be in talks with Chinese banks on bid for aircraft leasing outfit [HONG KONG] China Investment Corp (CIC), a US$2OO billion sovereign wealth fund, is in talks with local banks to jointly bid for American International Group Inc's (AIG)
      – Reuters  -  537 words
    • 540 12 Bloomberg [SHANGHAI] Chinese companies may be using record bank lending to invest in stocks, fuelling a rally that's made the benchmark Shanghai Composite Index the world's best performer this year, according to Shenyin Wanguo Securities Co. As much as 660 billion yuan (*****.4 billion) may
      Bloomberg; AFP  -  540 words
    • 211 12 -AFP [BEIJING] China has urged cities nationwide to loosen residency requirements to encourage migration by college graduates, in the latest move aimed at fighting growing joblessness, the state media said yesterday. A policy document by the State Council, or cabinet, has asked cities to drop
      -AFP  -  211 words
  • Page 12 Advertisements
    • 35 12 »I lUplpiHii k II P 1 v 111 Organised by: Supported by: Partners: Supporting partners: THE Business times IE JS_ •=at= lsl oBerson ■*»>— jib. c v r v hi f r n1 "iiT'.n i 1
      35 words

  • INDIA
    • 457 13 AFP Both factors hurting jobs and investment, after successive years of growth [NEW DELHI] The global economic crisis and the threat of terrorism have combined to deliver a rude awakening to India's dream of continued peace and prosperity after successive years of sustained growth.
      AFP; FILE PHOTO  -  457 words
    • 408 13 Bloomberg The government will not bail out Satyam, says minister [MUMBAI] India does not plan to investigate any other software companies following its inquiry into an admission of fraud by Satyam Computer Services Ltd's former chairman and the sacking of the board
      Bloomberg  -  408 words
  • Page 13 Advertisements
    • 2224 13 A MAIS JL^I \*J JL JLV^> JLj k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg JUKEN TECHNOLOGY LIMITED (Company Registration No. *****0539Z) f^^^^^m (Incorporated in Singapore) jflHHk a^^^L wK^^^^^K NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Juken Technology Limited (the "Company") will be held at 33 a i
      2,224 words

  • ASIA-PACIFIC/WORLD
    • 562 14 Bloomberg Donald Trump quit board on Feb 13, saying he disagreed with bondholders [NEW YORK] Trump Entertainment Resorts Inc, the casino company founded by Donald Trump, filed for bankruptcy after annual gambling revenue in Atlantic City, New Jersey, plunged the most on record. The
      – Bloomberg  -  562 words
    • 352 14 -AFP [SYDNEY] More than 18,000 people from nearly 200 countries have applied for the "best job in the world", hoping to earn good money for lazing around on an Australian island, officials said yesterday. The deadline for applications for the
      -AFP; AP  -  352 words
    • 386 14 Bloomberg, AP [STUTTGART] Daimler reported its first quarterly loss since 2007 on declining sales and costs from Chrysler LLC. The world's second largest maker of luxury cars also said the recession will burden earnings further this year. The fourth-quarter loss was 1.53 billion euros (552.95
      – Bloomberg, AP; REUTERS  -  386 words
    • 428 14 -AP OBITUARY Bernard Ashley and his wife Laura grew the fashion brand [LONDON] Bernard Ashley, who teamed up with his wife to build the Laura Ashley fashion and home furnishing brand into a global business, has died. He was 82. Mr Ashley died last
      -AP  -  428 words
    • 279 14 Reuters [SYDNEY] Australia's ASK Ltd, operator of Asia-Pacific's third-biggest listed stock market, reported an 8.2 per cent fall in first-half profit, hurt by a drop in revenue from derivatives. It signalled a cautious outlook. The group said that the first half of fiscal
      – Reuters  -  279 words
  • Page 14 Advertisements
    • 42 14 4 SINGAPORE PRESS HOLDINGS FOUNDATION Presents L. J M I V-/ J ">• V ML w» ■__^^^^^^^M r ml/i'Mk m lusiwss Catch The Action At www.razor.tv Organised by: Event managed by: Partner: Tuc Pi icimccc Timec sph TIMES. IHE bUSINESS lIMES MediaßaxOffice Da?r.D
      42 words

  • WORLD
    • 646 15 Reuters Regulators delve into Allen Stanford's empire, including an affiliate bank [ST JOHN'S, Antigua] On the streets of Antigua, Texas billionaire Allen Stanford is a controversial figure. Some embrace him while others deride him as a modern-day colonialist. But nearly all say they fear
      – Reuters; REUTERS  -  646 words
    • 631 15 -NYT Ron Bloom has played pivotal role in helping steelworkers' union [NEW YORK] In the *****, Ron Bloom did what many Wall Street investment bankers wish they had done decades ago: he walked away. His intention was not to write the
      -NYT  -  631 words
    • 493 15 Bloomberg [LAS VEGAS] Las Vegas Sands and Wynn Resorts joined hoteliers in lambasting US lawmakers' criticism of corporate travel, saying hundreds of thousands of jobs are in jeopardy. President Barack Obama's warning this month that companies receiving government bailout money "can't go take
      Bloomberg  -  493 words
  • Page 15 Advertisements
    • 175 15 WHAT WILL YOU HAVE THIS WEEKEND? Embark on an epicurean journey with Pine Court's Dim Sum Buffet Brunch from I 1.30 am to 2.30pm at $38 nett or Chatterbox's Local High Tea from 2pm to spm at $32++. I Available only on Saturdays, Sundays and Public Holidays.Terms and conditions apply.
      175 words

  • TransportHUß
    • 615 16  -  VINCENT WEE Alternate energy such as wind and nuclear the bright spots, says exec By' THE breakbulk sector is taking a hit from the bad current economic conditions but to some extent it is countercyclical and insulated from the financial crisis as governments
      i FILE PHOTO  -  615 words
    • TRANSPORT STOCKS
      • 102 16 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.27 0.17 0.82 0.33 0.64 0.39 0.04 0.61
        102 words
      • 37 16 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.58 8.60 8.65 2.75 2.50 unch 0.09 -0.04 0.05 -0.05 -0.03 unch unch unch 1 63 261 801 2 0 30
        37 words
      • 15 16 '00 :eb17 Bahl Vol ■recious Ship Jegional Cont 12.00 6.45 -1.60 -0.35 7528 2236
        15 words
      • 11 16 '000 Doil iingamas Cont .17.80 ...0.79 -0.58 -0.05 254 6562
        11 words
      • 23 16 '000 >eso Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.40 10.75 unch unch 0.20 -0.75 unch unch 459 647 0 0
        23 words
      • 22 16 Evergreen Marine ....13.30 :irst Steamship 33.50 ManHai Lines 13.35 r"ang Ming Marine ....9.14 -0.05 -0.10 -0.15 -0.11 4 4 1 4
        22 words
      • 41 16 '000 'en (awasaki Hvylnd ..160.00 -5.00 5282 (awasaki Kisen 336.00 -9.00 5616 Mitsubishi Hvy 288.00 -15.00 ***** i/litsui Eng&Sbldg ..144.00 -5.00 3212 l/litsui Osk Lines 503.00 -32.00 ***** Jippon Express 304.00 -12.00 2047 JipponYusen 430.00 -10.00 8122 'iource: Thomson Reuters
        41 words
    • 725 16 WHAT comes next for an international maritime centre like Singapore? The answer is simple, says Professor Torger Reeve of the BI Norwegian School of Management: Singapore must aspire to become a "super" maritime cluster. Like any global business, the maritime sector
      725 words
    • 1051 16  -  DAVID HUGHES By STRAIT TALK It's mostly a dreary situation, but some expect the downturn to generate opportunities THEY say it is an ill wind indeed that blows nobody any good. There certainly has been a lot of gloomy news coming
      1,051 words
    • 232 16 Reuters [PERTH] Coal exports from Australia's Newcastle port fell 25 per cent from the previous week, while vessel arrivals also slipped, suggesting softer demand for the fuel. Exports from the east coast port, the world's largest coal export terminal, fell to 1.383 million tonnes in
      – Reuters  -  232 words
    • SeaAsia 2009
      • 735 17 Volumes are starting to rise again as inventories are running low at factories, SSA chief tells VINCENT WEE CONTAINER shipping is a scary business to be in right now, but industry veteran and Singapore Shipping Association (SSA) president SS Teo is confident of
        AP/FILE PHOTO  -  735 words
      • 826 17  -  VINCENT WEE By' LINER companies are taking drastic measures to get through the economic downturn. Maersk got the ball rolling with a lay-up programme, idling eight ships at the start of December and setting the trend for other lines to follow
        826 words
    • TRANSPORT HUB: ING/AVIATION
      • 673 18 Bloomberg Some prospective bidders pull out amid credit crunch and aviation slump [LONDON] BAA Ltd, the world's biggest airport operator, is struggling to raise the £2 billion (554.33 billion) it's seeking for London's Gatwick terminal as the number of bidders dwindles
        – Bloomberg; AFP  -  673 words
      • 2523 18 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI 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
        2,523 words
      • 186 18 Bloomberg [WELLINGTON] Qantas Airways Ltd, Australia's largest airline, will offer low-cost flights between New Zealand's largest cities from June, replacing full-cost services, after reviewing its competitiveness in the market. Jetstar Airways, the budget unit of Sydney-based Qantas, will start services linking Auckland,
        – Bloomberg  -  186 words
      • 235 18 Bloomberg [BERLIN] Deutsche Lufthansa, Europe's second-big-gest airline, is likely to lose an appeal case over airport subsidies to low-cost competitor Ryanair Holdings, a German court said. The Higher Regional Court of Koblenz told Lufthansa on Monday that it won't overturn a lower court
        – Bloomberg  -  235 words
      • 791 18 Bloomberg [NEW YORK] Shipping costs have more than doubled this year, so it may be time to buy kroner, Aussies and loonies. The 147 per cent jump in ocean transport prices is evidence that China's US$5BO billion stimulus plan will lift raw materials,
        – Bloomberg  -  791 words
    • TRANSPORT HUB:LAND/AVIATION
      • 593 19  -  SAMUEL EE Sports car maker looking at setting up a driving school in Spore By: SINGAPORE is shaping up nicely as a motorsports hub. So much so, in fact, that Porsche Asia Pacific will look at setting up a Porsche Sport Driving School here.
        593 words
      • 826 19 -NYT [PARIS] Bayerische Motoren Werke, the German luxury carmaker better known as BMW, announced on Monday that it would eliminate 850 jobs at its plant that makes the iconic Mini car in Oxford, England, in response to the slump in global demand.
        -NYT; AFP  -  826 words
      • 513 19  -  SAMUEL EE By MEDIA coverage of the Volvo Ocean Race is worth four to five times what it costs the Swedish car maker to hold the event. "The return on investment, in terms of coverage, is 300 to 400 per cent of what we
        513 words
      • 317 19 Bloomberg [MANILA] Cebu Air Inc, the Philippines' second-largest airline, scrapped fuel and insurance surcharges on overseas tickets as it bids to win more travellers with cheaper fares and return to profit this year. Removing the levies will cut ticket prices by as
        – Bloomberg  -  317 words
      • 79 19 Reuters [PARIS] Paris airports operator ADP said on Monday that its January traffic fell 7.8 per cent compared with January 2008, due to bad weather conditions, a national one-day strike and the global economic slowdown. Traffic at Paris Charles de Gaulle International Airport fell
        – Reuters  -  79 words

  • Page 17 Advertisements
    • 233 17 Principal sponsors: -j-j -j— WO^I DnBNOR ©PSA thurayaH k CONFERENCE life matters Engage maritime thought-leaders and industry experts on shipping's priorities in the new horizons brought on by the global financial crisis. What is the outlook for the various sectors? Where are the opportunities in H Jk rgamse y: the
      233 words
    • 25 17 This is the first of a five-part series brought to you by Sea Asia 2009 Sea A SIA m 21-23 April 2009 m Suntec Singapore
      25 words

  • Page 18 Miscellaneous
    • 368 18 CRYPTIC CROSSWORD Across substitute not quite in the —^^J ■^■H Bfl ■H~~~^H top bracket? (6,4) 6 One stranded in the gym? (4) —^^—^J—^J—^ B—^J—^J—^ 8 One politician did something and had influence (8) 9 Capital city, crazy and reck- _^^J__^^H~ H l~~^H~~^H~~^H less for the most part (6) 10 Coming
      368 words


  • EDITORIAL & OPINION
    • 468 20 SOME observers suggest that as a forum for setting the direction for economic policies, the Group of Seven industrial countries (G-7) should retire and leave the stage to the Group of 20 (G-20), which includes a wider range of players in the global
      468 words
    • 1121 20  -  CARLOS NICHOLAS FERNANDES Future economic growth will be driven by entrepreneurship and innovation By THE government's assigning of $900 million in Budget 2009 to foster innovation clearly shows that Singapore intends to drive its economy through pioneering ideas. All innovations, however, are not born equal.
      YEN MENG JIIN  -  1,121 words
    • 745 20  -  LEON HADAR THE BOTTOM LINE DURING the 2008 election campaign, Democratic presidential candidate Barack Obama pledged that as president he would usher in a new era of "post-partisan" politics in Washington. This was seen as a commitment by the young
      745 words
    • 1344 21  -  JOHN WILLIAMSON By reforming IMF governance and changing the principles that govern its lending the Fund can regain its influence By, IT IS widely recognised that many of the small economies of the world do not possess the resources to expand demand in
      AFP  -  1,344 words
    • 667 21  -  GAGAN MALIK By WITH the economic downturn hitting the world economies harder than expected, governments all over the world are striving to experiment with new and innovative strategies to combat the worst global economic crisis since the Great Depression. Take for example Singapore, which has cut
      AFP  -  667 words


  • SINGAPORE STOCKS
    • 8590 22 Transaction date: Feb 17 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E Smil 9 3 3148 8Telecom 12.5 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABRHIdgs 19 6 1938 AEICorp 10 1 1100 AEM 25 7 2101 APOil
      8,590 words
    • 1812 23 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
      1,812 words
    • 68 23 52-Wk Tel High Low Code Last Sale Vol COOP] Day Last Quote Div GrYld Net MCap Low Buyer Seller C'vr P/E $mil Comi Hit ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISS&P5OO ***** ***** 6170 SPDRS 335 158 6009
      68 words
    • 74 23 52-Wk Tel High Low Code Last Sale Vol COOP] Day Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hii 86.5 29.5 6000 AVJennings 11 4 6134 Over&Gen 26 6 6017 StarCruises 248 104 6019 TanChonglnt A33 A8 US7.5 HK107 unch -1 unch 1
      74 words
    • 8872 23 UNIT TURSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.425/ AIGIF Spore Bond Fund/A 1.201/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.65/ APS Alpha Fund (USD)!** 0.43/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5671/ APS Komaba Global
      8,872 words
  • Page 22 Advertisements
    • 17 22 ROYAL OAK OFFSHORE COLLECTION 'S»J*l£^' "^'"^WillT^^^."''- ff WOjjpl.!!jP^ For enquiries, Tel: (65) 6238 6678 www.audemarspiguet.com j^^^^^^^^kaß S-—
      17 words


  • FINANCE & COMMODITIES
    • 368 24 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Feb16 World Index Preliminary 625.7 -0.4 -7.7 -0.1 -5.0 -0.7 -9.7 EAFE Preliminai 598.6 -0.8 -7.8 -0.9 -7.4 -1.5 -12.0 Euroi Prelim inan 846.7 -1.3
      368 words
    • 131 24 As at 9am Feb 17 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9810 1.0370 .an dollar 1.2130 1.2270 Euro 1.9260 1.9480 NZ dollar 0.7800 0.7980 iterlini ind 2.1510 2.1760 US dollar 1.5100 1.5280 Local dollars to 100 units of foreign
      131 words
    • 177 24 Feb 17 $S Offer Overnight 1/8 1-monfh 7/16 2-months 9/16 3-months 11/16 Overnight mode: 5/16 US$ Offer 1/16 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0 40 0.58 1.10 1.40 1.85 2.30 2.40 Offer 0.30 0.48
      177 words
    • 25 24 Feb 17 ten Jii Sett >TI ilMSCI Feb 202.0 203.2 197.5 'aiwan Feb 172.5 173.4 169.5 Source: MF Global (S) He. Ltd
      25 words
    • 21 24 Fab J7 Bid Offer 1-month 1.5273 1.5283 2-months 1.5268 1.5280 3-months 1.5262 1.5276 6-months 1.5247 1.5262 Source: OCBC
      21 words
    • 65 24 Feb 17 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Low Vol Open Done Position Mar 09 1934 1932 1972 1920 2233 8560 Apr 09 1907 1910 1942 1901 5333 ***** May 09 1909 1895 1935 1892 ***** ***** JunO9 1901 1885 1930
      65 words
    • 299 24 Feb 17 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO9 JunO9 SepO9 DecO9 98.7000 98.6950 98.6950 98.4700 9647 5278 5333 1994 EUROYEN TIBOR FUTURES MarO9 JunO9 99.465 99.465 SepO9 DecO9 Mar10 Jun10 Sep10 Dec10 99.465 99.350 99.465 99.530 99.530 99.490 99.430 99.370 99.325 14 153 125
      299 words
    • 196 24 Febl7 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) Mar 09 148.0 Apr 09 150.0 May 09 150.8 JunO9 151.8 Jul 09 151.0 AugO9 151.0 148.0 149.7 150.7 151.7 151.0 151.0 148.0 150.0 150.8 151.0 151.0 151.0 64 18
      196 words
    • 92 24 Feb 17 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi< Day's |h Low 3-Month BQ*****T 21.05.09 1-Year BY*****V 02.11.09 0.24 0.35 0.15 0.15 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low Hii 2-Year N*****0E 3.125 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year
      92 words
    • 103 24 Feb 13 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Mar 09 955.50 968.50 981.50 955.00 May 09 957.75 971.50 983.50 956.50 Jul 09 962.00 976.00 986.50 961.25 Aug 09 950.00 964.00 974.00 950.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 09 33.00 32.83 33.29 32.54
      103 words
    • 77 24 CRUDE OIL PRODUCTS Feb IS CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 43.84 -1.42 WTI (Near Mth) 36.67 -1.11 Dubai (1-Mth F) 43.91 -1.00 Tapis blend 48.80 -1.20 Minas 46.25 -0.95 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 47.60 53.70 -1.00 0.10 US$/barrel Opec Oil
      77 words
    • 461 24 Feb 17 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound us: lustralia 0.802 4.372 0.506 4.957 31.467 76.071 0.590 9.303 2.329 1.259 51.111 30.588 0.977 6.532 0.751 22.124 22.543 0.452 0.639 Canada 1.247 5.451 0.631 6.180 39.229
      461 words
    • 69 24 Feb 17 mth 0.***** 0.***** mths 0.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** 2 mths 2.***** 0.***** ;WAP Offer rates mth mths mths (S$) 0.***** 0.***** 0.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2 yrs 1.*****
      69 words
    • 158 24 Feb 17 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9760 0.9774 0.6390 0.6395 Canadian dollar 1.2170 1.2183 0.7967 0.7971 Euro 1.9302 1.9319 1.2637 1.2640 NZ dollar 0.7750 0.7763 0.5074 0.5079 Sterling md 2.1600 2.1621 1.4142 1.4141
      158 words
    • 144 24 Feb 17 GOLD (USS/oz) Feb 17 Feb 16 Hong Kong London 957.30 937.90 958.30 938.90 Feb 16 Feb 13 941.90 936.1 5 943.90 937.75 Source: Thomson Reuters CAST BAR (S$) Feb 17 Buying Sellini Kilobar "50,457.99" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm
      144 words
    • 64 24 Feb 16 minimum, 99.7 jrity (US$/tonne) Co Close Previous :ash 1312.50 months 1348.00 1341.75 1377.00 Copper, Grade A (US$/tonne) :ash months 3290.75 3330.00 3392.00 3430.00 .ead (US$/tonne) :ash 1137.00 months 1145.00 1163.25 1170.00 lickel (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 'in (US$/tonne) :ash *****.00 *****.00 months *****.00
      64 words
    • 70 24 Feb IS :OCOA (Btonne) Close Prev Hii ih/Low Mar 09 1947 1928 1955/1927 May 09 1925 1905 1929/1900 Jul 09 1917 1898 1919/1896 SepO9 1907 1890 1909/1899 COFFEE (US$/tonne) Close Pev High/Low Mar 09 1585 1578 1590/1578 May 09 1597 1588 1600/1585 SUGAR (US tonne) White Close Prev High/Low
      70 words
    • 2275 24 BONDS WARRANTS Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Prem Expiry Disc Gear- Mths ing Left '058 Advance Modules Grp W*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 1 17 156 1.50 1 87 1491 11.00 42 18 )092 Asia Environment W*****4 0.5 1 38 221 24.00 6
      2,275 words

  • Page 25 Advertisements
    • 1923 25 m The Business Times Direct Calling to TWTPE every Saturday UK CONTINENT SERVICE U.S.t SERVICE VtfJtll *****1 ffOIII 28 FBb 2009. Destination Destination STXPOTBN RTM/ANR/TIL DS VANGUARD CDN/SAV/NOL FfflllSit llttG GX Sill ~fi llflVS OlllV Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination
      1,923 words

  • Page 26 Advertisements
    • 3407 26 r^VHEBSEIII^^^I Bn E EASTERN CAR LINER, LTD I |lj§ 2JS3S& I Kgigjl ft-^—* specialize in roro heavy lift UPTO 450 tons~| WEEKLY EXPRESS SAILING SCHEDULE I llUiUiiUUlttfl VOY I Romp(KT) I Lillinq(KT) I MNL I SIN 1 PKL LCB )KT I SUR ~l KlaillililiUiUflffllllliliVilSil^^ PCL/PHL SERVICE AMX SERVICE Connecting ECL
      3,407 words

  • Page 27 Advertisements
    • 4123 27 m The Business Times m S\ pping Guide ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number
      4,123 words

  • executive Money
    • 934 28 AHL fund manager says it's not possible to predict where returns will come from in the short term, reports GENEVIEVE CUA ASK fund manager Harry Skaliotis of Man Investment group's AHL about the near-term direction of markets and you may get a bit
      v. Man Investments  -  934 words
    • 623 28  -  GENEVIEVE CUA By THE previous year's sharp falls in Asian equity markets have prompted DWS Investments to roll out a new fund to invest in Asia's "deep value" companies. The DWS Asia Select fund will sniff out stocks that
      DWS Investment  -  623 words
    • 336 28  -  JAMIE LEE By IT'S a textbook formula: invest in the downturn to ride the upturn. But few act on it. "Everybody knows it makes sense to do coun-ter-cyclical acquisitions but very few people do it," Joachim Skorge, head of corporate finance in Asia
      336 words
    • 399 28 Los Angeles Times [LOS ANGELES] Investors in the stock market might not care to hear about the action this year in the markets for precious metals, where the prices of gold, silver and platinum have surged to their highest levels since at least September. After
      – Los Angeles Times  -  399 words
    • 1154 29  -  LEE BOON KENG Use a three-step framework for investing in challenging times as well as a suitable, diversified strategy THERE are many times when hard decisions have to be made. At the moment, the hardest decision is to determine whether to take
      1,154 words
    • 989 29  -  TOM PETRUNO -LATWP Wall Street is mostly treading water despite tide of grim news By' [LOS ANGELES] We've reached a point in the global recession where things no longer look universally bleak. Maybe just mostly bleak but that still counts as an
      -LATWP; BLOOMBERG  -  989 words
    • 590 29 -NYT [NEW YORK] The US economy looks bleak, corporate earnings are shrinking and the public mood is sour and nervous. No wonder the stock market has trouble putting a winning streak together. Do the market's prospects look any brighter to those pragmatic and
      -NYT; AP  -  590 words
  • Page 28 Advertisements
    • 54 28 BiMMBI^MW 1^I™^^ iiLililiiliißlimT if ]r IG Markets (ACRA No. *****621 X) holds a capital markets services licence for dealing in securities, trading in futures contracts and leveraged foreign exchange. IG Markets is also licensed to trade commodity CFDs by The international Enterprise Singapore. IG Markets does not operate a securities,
      54 words


  • CFO CONVERSATIONS
    • 2545 30 CONRAD TAN finds out from CFOs just how they are helping their companies to weather the economic storm ITH the economy in recession and financial markets still highly unstable, chief financial officers here have their hands full managing their companies' finances. All those that BT spoke
      YEN MENG JIIN  -  2,545 words
  • Page 30 Advertisements