The Business Times, 5 March 2009
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2009-03-05
1
28
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section30 2009-03-05 1 THE BUSINESS TIMES ssi .oo online at http://www.businesstimes.com.sg •m a Singapore press holdings publication coregnnoi9B4o2B6Be mica(p)l97/08/2008 Thursday, March 5,2009 THE BUSINESS TIMES SINGAPORE Ssl.oo MICA (P) 197/08/2008 Thursday, March 5,200930 words
-
632 2009-03-05 1 CHUANG PECK MING - CHUANG PECK MING He says it bought into ÜBS and Citigroup too early but will continue investing abroad By [SINGAPORE] The portfolio ofthe Government of Singapore Investment Corporation (GIC) has shrunk by about 25 per cent from its peak, partly because it went in632 words
-
Article, Illustration507 2009-03-05 1 WINSTON CHAI - WINSTON CHAI IT Show bucks the trend with more participants over larger space By [SINGAPORE] When the going gets tough, the tough go shopping, or so hope the organisers of the annual IT Show. While the economy is shrinking, the first of Singapore'sFILE PHOTO - 507 words
-
MARKETS DIGEST
-
Article46 2009-03-05 1 Bloomberg ST INDEX 1,544.34 (+15.83) AST INDEX FUTURES 1,539 (+l6) SIMSCI 187.32 (+2.21) A SIMSCI FUTURES 187.50 (+2.20) SINGAPORE 5.38 MALAYSIA 5.71 HONG KONG 5.00 INDONESIA 16.179 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 1.00 US 3.25 CANADA 3.00 SWITZERLAND 0.53 INDIA 12.25 Source:Bloomberg - 46 words
-
Article43 2009-03-05 1 I COMP 866.93 -1.81 IIKKEI 225 7,290.96 +61.24 IANG SENG 12,331.15 +297.27 ;et INDEX 417.86 +4.77 JAKARTA COMP 1,289.38 +24.56 IANILACOMP 1,885.92 +25.94 ;eoulcomp 1,059.26 +33.69 ;henzhen B 315.17 +14.98 IUMBAI IND 8,446.49 +19.20 11AM EST Cham )OW 6,833.15 +107.13 IAS DAI43 words
-
Article42 2009-03-05 1 IS$ (S$ per US$) 1.553 (US$/S$ per 1.404 2.180 ;URO (US$/S$/E) 1.251 1.942 Foreign currency per US$ S$ 'EN 98.90 63.70 3.713 2.391 IK$ 7.759 4.997 !AHT 36.11 23.25 CUPIAH 12,045 7,758 CENMINBI 6.842 4.407 INDIAN RUPEE 51.79 33.36 1.574 1.01442 words
-
-
Page 1 Advertisements
-
Advertisement117 2009-03-05 1 8"*****l"*****4' More than 250 years of continuous history ifl E^. WkW-m Mt/-c^YZc" M H*^^w r%ll W v\ z M HME|WHMBiiHffIMMBIBiBI 9 lOr w/Ztv I'M MMliillilH i Cufcii- IIT w .yz-^z yYi BllilliHlH H k H ,|kJ P,,- z ft :i mm wl MWmWB I ■■»Yz%. z^ -V |l$"J RYU rJ117 words
-
-
Page 1 Miscellaneous
-
Miscellaneous95 2009-03-05 1 fIL BizlT I NEWS ANALYSIS lUS RETAIL ,A^^^ I SPORE RETAIL Mz Spore will be bright Is Obama alienating All Virgin Megastores f^. Locking horns JS^ spark for Pacnet Wall Street? in US to close J|eK with landlords PAGE 23 PAGE 2 PAGE 12 »*"< Z. PAGE 6 INTEGRATED RESORTS95 words
-
-
TOP STORIES
-
Article882 2009-03-05 2 LEON HADAR - LEON HADAR NEWS ANALYSIS And is Wall Street sabotaging the president's policies? By in Washington WALL Street has not given a welcome shout to US President Barack Obama. The Dow Jones Average has dropped almost 1,500 points since Mr Obama's inauguration a little more than882 words
-
Article, Illustration325 2009-03-05 2 -AP [BERN, Switzerland] ÜBS AG said yesterday that former Swiss president Kaspar Villiger will replace Peter Kurer as chairman of the board next month in an attempt to bring the bank back to profitability and deal with a major US tax evasion probe.-AP; AP - 325 words
-
THREE-MINUTE DIGEST
-
68 2009-03-05 2 THE portfolio of the Government of Singapore Investment Corporation has shrunk by about 25 per cent from its peak, partly because it went in too early to buy into once-prized global banks. Minister Mentor Lee Kuan Yew who is also GIC chairman disclosed68 words
-
85 2009-03-05 2 WHEN the going gets tough, the tough go shopping, or so hope the organisers of the annual IT Show. While the economy is shrinking, the first of Singapore's quarterly line-up of gadget fairs is expanding in the face of general belt-tightening. To be85 words
-
Article97 2009-03-05 2 WALL Street has not given a welcome shout to US President Barack Obama. The Dow Jones Average has dropped almost 1,500 points since Mr Obama's inauguration a little more than a month ago, and nearly 3,000 points since his election on Nov 4. But Mr97 words
-
64 2009-03-05 2 MARINA Bay Sands, which is targeted to open around the end ofthe year, will be 15 per cent bigger in terms of gross floor area. This increase in size partly accounts for the current budget for the IR which stands at US$5.4 billion,64 words
-
35 2009-03-05 2 TROUBLE is brewing at tech firm NEL Group, with its Hong Kong subsidiaries facing statutory demands from a major supplier for payments totalling U5511.93 million. COMPANY NEWS, PAGE 435 words
-
40 2009-03-05 2 THE Singapore Exchange and the Taiwan Stock Exchange Corporation have been talking about cross-listing Exchange-Traded Funds to strengthen ties and provide investors with a greater choice of products. COMPANY NEWS, PAGE 540 words
-
63 2009-03-05 2 TAKING decisive policy action is crucial in tackling the current crisis, the central bank said yesterday. At an Institute of International Finance forum, Monetary Authority of Singapore managing director Heng Swee Kiat singled that out as one of three dimensions that have63 words
-
65 2009-03-05 2 CHINA Investment Corp sees investment opportunities in energy and commodities sectors as prices have fallen steeply, a senior official with the country's US$2OO billion sovereign wealth fund, said yesterday. Jesse Wang, ClC's chief risk officer, said the global recession had just begun, and as65 words
-
73 2009-03-05 2 MGM Mirage said it may default on its debt amid development of its biggest casino project ever, the US$B.6 billion City Center in Las Vegas. Unless the economy turns around and more people start gambling again, the Las Vegas-based casino company believes73 words
-
-
521 2009-03-05 2 EMILYN YAP - EMILYN YAP Operating income hits USsl.43b, up 60% from 2007 By [SINGAPORE] Boosted by stronger results from wholesale banking, Standard Chartered Bank (Stanchart) Singapore posted high dou-ble-digit growth in income and profit for 2008 despite the ongoing financial crisis. Consumer banking saw its fair521 words
-
516 2009-03-05 2 CHUANG PECK MING - CHUANG PECK MING He also plays down speculation of an early election By [SINGAPORE] Prime Minister Lee Hsien Loong sketched the scenario of an 8 per cent contraction for the Singapore economy last week sharper than a 2-5 per cent shrinkage the516 words
-
Article, Illustration663 2009-03-05 3 ARTHUR SIM - ARTHUR SIM Size increase, due to redesign, partly accounts for higher budget of USss.4b By [SINGAPORE] Marina Bay Sands, which is targeted to open around the end of the year, will be 15 per cent bigger in terms of gross floor area (GFA).REUTERS - 663 words
-
482 2009-03-05 3 SAIBAL DASGUPTA - SAIBAL DASGUPTA Wen to outline tax breaks, spending plans at NPC By in Beijing THE Chinese government appeared to be engaged in giving final touches to a new economic stimulus package that might be unveiled by Premier Wen Jiabao at the opening session482 words
-
-
Page 2 Advertisements
-
Advertisement113 2009-03-05 2 Presenting Papers on "The Role ofthe Secretary in Establishing and Reviewing Internal Control Arrangements Corporate Reporting the Responsibilities ofthe Company Secretary" (~Z lift by Keith Walmsley, FCIS, Barrister Former legal adviser of London Stock Exchange Consulting Editor of Company Law Corporate Governance. Plus 6 other topics by overseas and local113 words
-
-
Page 3 Advertisements
-
Advertisement11 2009-03-05 3 CATS Recruit The first step on your ladaer to success f < <:11 words
-
Advertisement496 2009-03-05 3 (Intel/1 IBM Blade Center |g|| Easier. Faster. Better. It just makes sense to use IBM Blade Center. I Innovation Made Easy As a growing business, you have many challenges coming your way. IBM has the technology you need to overcome them with simple solutions that are uncomplicated and flexible. With496 words
-
-
COMPANY NEWS
-
458 2009-03-05 4 LYNETTE KHOO - LYNETTE KHOO Claim for USsll.9m compares with group's cash pile of USs3.7m last June By TROUBLE is brewing at tech firm NEL Group, with its subsidiaries now facing statutory demands from a major supplier for payments totalling U5511.93 million. The group said yesterday that458 words
-
365 2009-03-05 4 UMA SHANKARI - UMA SHANKARI By SHARES of office landlord Singapore Land fell 22 cents, or 6.5 per cent, to close at $3.18 yesterday after UOL Group said that it won't make a takeover bid. UOL, which had made an offer for United Industrial Corp (UIC),365 words
-
258 2009-03-05 4 It notes agency had affirmed unsolicited 'BBB+' rating before withdrawing it CAPITALAND yesterday took issue with a Standard Poor's (S&P) report that had downgraded the outlook for a credit rating on the property giant, saying that the agency had omitted to mention258 words
-
597 2009-03-05 4 OH BOON PING - OH BOON PING INTERNATIONAL crude palm oil (CPO) prices have plunged from their record high of US$l,4OO a tonne last year to below US$6OO now, and the Q4 results of listed stocks such as Golden Agri and Indo Agri have not597 words
-
COMPANY BRIEFS
-
60 2009-03-05 4 EZRA Holdings' 48.9 per cent-owned unit EOC has secured a charter contract for its Lewek Conqueror heavy lift accommodation crane barge worth US$6B million if extension options are exercised. The barge is expected to start work with a global oil major in Brunei this60 words
-
71 2009-03-05 4 FIRST Ship Lease (FSL) Trust has reaffirmed its guidance of distribution per unit of 2.45 US cents for the first quarter of FY2009 and says its eight lessees have been making full and prompt advance payment of monthly rents, including those for March.71 words
-
-
Article, Illustration274 2009-03-05 5 lOYCE HOOI - lOYCE HOOI Aim is to strengthen ties and provide investors with more choices in products By THE Singapore Exchange (SGX) and the Taiwan Stock Exchange Corporation (TWSE) have been talking about cross-listing Ex-change-Traded Funds (ETFs) to strengthen ties and provide investors with a: I AFP - 274 words
-
478 2009-03-05 5 CHEN HUIFEN - CHEN HUIFEN Its analysts cite their strong brand equity, scalable business models By EVEN as medical tourist numbers are down, the equity research team at Nomura Singapore has issued "buy" calls on Parkway Holdings and Raffles Medical Group, saying that the two478 words
-
281 2009-03-05 5 Bloomberg [HONG KONG] Fraser Neave Ltd, Singapore's largest beverage maker, increased a three-year loan by 23 per cent after banks offered more than the company initially planned to borrow. Fraser Neave agreed to pay 1.45 percentage points over the Singapore dollarBloomberg - 281 words
-
224 2009-03-05 5 NISHA RAMCHANDANI - NISHA RAMCHANDANI By AFTER queries from the Singapore Exchange on its results on Tuesday, Sunpower Group yesterday released further details in a statement. It said that due to adverse economic conditions, it had an impairment allowance on trade receivables of 20.857 million yuan (554.7 million) for224 words
-
Article, Illustration312 2009-03-05 5 OH BOON PING - OH BOON PING By ENGINEERING solutions provider ISDN Holdings is venturing into the fast-growing clean renewable energy market through a new joint venture. In a statement, the company said some $1 million will be injected into W2Energy Pte Ltd, which is engaged in the business312 words
-
Article308 2009-03-05 5 JESSICA YEO - JESSICA YEO By DATAPULSE Technology's net profit for the second quarter of financial year 2009 has soared 45.5 per cent despite a fall in revenue of 8.9 per cent. Mainboard-listed Datapulse, a total solution provider of CD and DVD services in the Asia-Pacific, posted $3.58308 words
-
Article, Illustration442 2009-03-05 5 LYNETTE KHOO - LYNETTE KHOO By BEAUTY China Holdings chairman and founder Wong Hon Wai has pared his stake following a forced sale of mortgaged shares on Tuesday but talk about cashing out continues. The company yesterday said that he now owns a 37.28 per cent interest,442 words
-
229 2009-03-05 5 BRITTANY KHOO - BRITTANY KHOO By YELLOW Pages (Singapore) yesterday announced the acquisition of Singapore Information Services (INSIS), a wholly owned subsidiary of IE Singapore Holdings, for $6 million. INSIS, one of Singapore's leading trade directory publishers, produces business-to-business directories that promote Singapore products and services worldwide.229 words
-
-
Page 4 Advertisements
-
Advertisement340 2009-03-05 4 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND INTHEMATTEROF PRINT PRODUCTS PTE LTD [IN MEMBERS' VOLUNTARY LIQUIDATION) (Co. Reg. No. *****4457 C) At an Extraordinary General Meeting of the Members of PRINT PRODUCTS PTE LTD, duly convened and held at 5001 Beach Road #07-25 Golden Mile Complex, Singapore340 words
-
Advertisement96 2009-03-05 4 t)py from any How resilient is our healthcare sector? Pulses gets you on the beat of Singapore's medical scene in the March issue, out in stores now. In this issue, we also seek out how shipping trusts can stay afloat in these testing times and interview globalised investment adviser Pradeep96 words
-
Advertisement13 2009-03-05 4 TUNZ YOUR RAP/O TO TODAY'S BEST MUSIC OfVLy ON TODAYS BEST MUSJC www.radio9l3.com13 words
-
Advertisement25 2009-03-05 4 tahlat THE HEARTBEAT OF THE INDIAN COMMUNITY Will the Nano save Tata? Rsl lakh car to be launched in India on March 23 m ?xi25 words
-
-
Page 5 Advertisements
-
Advertisement119 2009-03-05 5 WmWmWmWmWmWmmmWm SAVE TAX Our qualified professionals W/a\-J jflt can assist you with offshore i >USllr rr Au^^^F^mWAm structures, shelf companies I and incorporations in ALL I jurisdictions including: H?jtTi?>J British Virgin Islands K^l Cayman Islands Bahamas 3^ Seychelles I Hongkong < Samoa I Full nominee, management, secretarial, banking and I119 words
-
Advertisement8 2009-03-05 5 TSTSWISWHISI e% ■sbswimskisi i t ia, Mm tmW^AfWmA8 words
-
-
FOCUS: RETAIL RENTS
-
Article, Illustration1332 2009-03-05 6 Retailers want rent cuts as income has contracted 20-30% but landlords argue not all have been hit equally, reports UMA SHANKARI HIT by weak sales and high rents, Singapore's retailers are bleeding and they want landlords to help them out by cutting rents. But landlords areFILE PHOTO - 1,332 words
-
-
Page 6 Advertisements
-
Advertisement737 2009-03-05 6 _i [SATS I THE COMPANIES ACTIN THE MATTER OF CAP 50) THE COMPANIES ACT, CAP. 50 FSV PRIVATE LIMITED AND COMPANYREGISTKATIONNO:I996OBSI4E IN THE MATTER OF (MEMBERS'VOLUNTARY WINDING UP) YU LONG INVESTMENTS PTE LTD NOTICE Is hereby given that creditors of COMPANY REG. NO: tne abovementioned Company which is 2006-*****-Z being737 words
-
Advertisement25 2009-03-05 6 Lianhe Zaobao I I How are I I industrial I I commercial I I landlords I responding to AAm IW ©l mm S ©I J25 words
-
-
SINGAPORE MARKETS
-
Article, Illustration564 2009-03-05 7 R SIVANITHY - R SIVANITHY STOCKS TRADERS yesterday continued to pin their hopes on Wall Street stabilising, a not unlikely scenario, given the amount by which US stocks have plunged since the start ofthe year. Whether or not any such stability is lasting, of course,Bloomberg - 564 words
-
Article97 2009-03-05 7 Up Down Unch Up Down Unch Up Down Unch lulti Ind 7 3 5 0 0 0 7 3 5 lanufacturing 42 37 57 13 43 41 70 Commerce 22 12 18 28 14 19 'pt/Stor/Comms 17 18 :inance 15 12 15 12 Construction 11 12 'roperties97 words
-
Article114 2009-03-05 7 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 13.715 13.715 38.148 38.148 lanufacturing 309.498 9.129 318.627 137.751 387 138.138 Commerce 77.958 8.543 86.501 58.088 931 59.018 "pt/Stor/Comms 95.233 196 95.429 176.169 11 176.179 :i nance 38.804 38.804 213.336 213.336 Construction 6.350 2.170 8.520 508 15 523 'roperties114 words
-
Article104 2009-03-05 7 lapitaLand 1.950 +0.100 lapitaMall 1.060 -0.034 jtyDev 4.510 -0.230 losco Corp 0.745 +0.035 IBS Grp 7.190 -0.050 :&N 2.040 -0.100 ient Intl 0.425 -0.005 iolden Agri 0.290 +0.005 IK Land 1.870 -0.020 IMH 16.260 -0.240 ISH 8.800 lardineC&C 8.860 +0.530 Ceppel Corp 4.150 +0.050 Ceppel Land104 words
-
Article, Illustration796 2009-03-05 7 JOYCE HOOI - JOYCE HOOI Ho Bee Investment March 4 close: $0,305 PHILLIP SECURITIES RESEARCH, March 4 FY2OOB results: Ho Bee reported FY2OOB revenue of $302.1 million (-49.3 per cent y-o-y) and net profit of $100 million (-65.0 per cent y-o-y). Revenue fell because of lower revenue from property development projects.Bloomberg; : Bloomberg - 796 words
-
Article, Illustration553 2009-03-05 7 LARRY WEE - LARRY WEE CURRENCIES THE once-resilient Japanese yen suffered the heaviest losses in Asian currency trading yesterday as bad news from the US continued to plague Wall Street in overnight trading. The Dow Jones Industrial index chalked up yet another fresh 12-year low: Reuters - 553 words
-
Article62 2009-03-05 7 Mar 4 VALUE CLOSE BT OB/OS -697.00 +32.00 BT CADI -*****.00+51.00 BT 10-day MA -*****.00 -70.00 FTSE ST Mid Cap 312.69 +1.29 FTSE ST Small Cap 251.78 +2.22 FTSE ST All Share 369.56 +3.40 FTSE ST China Top 150.24 +5.91 FTSE ST China 145.55 +4.96 UOB Catalist62 words
-
Article59 2009-03-05 7 VOLUME Synear 58,767,000 Capitaland R 53,686,000 Capita Land 51,041,000 China Honqxinq 44,383,000 Sing Tel 42,176,000 Beauty China 37,469,000 Celestial 34,890,000 Golden Agri 26,069,000 Yanlord 24,607,000 Capita Mall 17,245,000 VALUE(S) Sing Tel 107,661,758 Capita Land 97,290,408 DBS Grp 72,394,048 UOB 63,434,993 Wilmar 38,829,180 CityDey 36,129,316 OCBC Bk 33,914,42059 words
-
Article103 2009-03-05 7 CLOSE UP ICBC Bk4.5%NCPS 100 8140 130.0 1.6 China H 10US$ 905 77.6 5C lardine C&C 886 53.0 6.. ;txpo 100 777 46.0 6. I A 1014 19.0 1. 'BXT S&P Short 10US$ 9272 17.1 0.1 Korea 10US$ 191 15.5 5. ICBC Bk 425 13.0 3.. 'anlord 82 12.0103 words
-
Article116 2009-03-05 7 CLOSE DOWN ICBCCai 5.1%NCPS 100 8880-350.0 -3.8 lUE 1000-150.0 -13.0 LP 10US$ 9006-130.4 -0.9 »sia Pac Brew 900 -45.0 -4.8 UOB 5.05%NCPS 100 9140 -40.0 -0.4 IMH 1626 -37.3 -1.5 Thailand 10US$ 235 -34.1 -8.6 MS India 10US$ 622 -24.8 -2.5 :it 451 -23.0 -4.9 >re Land 318 -22.0116 words
-
Article84 2009-03-05 7 Where S! stands Mar 4 CHNG CLOSE FRMar3 YR 2008/2009 S$ LOW S$ HIGH uss 1.5524 -0.35 1.5579 1.3457 Euro 1.9448 0.74 2.2064 1.8640 Pounds 2.1810 0.07 2.8431 2.0356 0.9909 0.71 1.3251 0.9068 'en* 1.5644 1.19 1.7278 1.2619 Rupiah* 0.***** -0.14 0.***** 0.***** Baht* 4.2991 -0.38 4.4299 4.0190 Peso*84 words
-
-
SINGAPORE NEWS
-
Article, Illustration564 2009-03-05 8 OH BOON PING - OH BOON PING Official responses to the crisis so far have been sequential, says MAS MD By TAKING decisive policy action is crucial in tackling the current crisis, the central bank said yesterday. At an Institute of International Finance forum, Monetary Authority of564 words
-
Article, Illustration564 2009-03-05 8 LEE U- WEN - LEE U-WEN By LIKE most other industries, Singapore's live entertainment sector has not been spared from the brute force of the ongoing global economic storm. Since the last major downturn in 2003, when the Sars epidemic hit the region, ticketAFP, REUTERS - 564 words
-
169 2009-03-05 8 NISHA RAMCHANDANI - NISHA RAMCHANDANI By VISA lias launched its nrst global advertising campaign since its initial public offer and reorganisation into a single company last year. The campaign, aimed at shifting consumer and business spending from cash and cheques to electronic payment, is themed "More People Around169 words
-
SINGAPORE ROUNDUP
-
86 2009-03-05 8 MINISTER for Foreign Affairs George Yeo has completed a visit to Makassar in South Sulawesi as part of his working visit to Indonesia. Mr Yeo called on South Sulawesi Governor Syahrul Yasin Limpo on Tuesday, and they discussed ways to increase direct trade and86 words
-
Article64 2009-03-05 8 THE Minister for Trade and Industry has reappointed Loo Choon Yong, executive chairman of Raffles Medical Group, as chairman ofthe Sentosa Development Corporation (SDC). Four new members including Singapore Tourism Board chief Aw Kali Peng have been appointed and six members reappointed. Three have64 words
-
100 2009-03-05 8 NTUC Fair Price has allocated $30 million to accelerate payment to suppliers, an initiative that will help ease cash flow of some 500 local small and medium enterprises (SMEs) under the Fair Price SME Assistance Programme. So far, 283 SMEs have taken up100 words
-
63 2009-03-05 8 TWO-THIRDS of Singaporeans take vitamins and dietary supplements every day, a survey by the Nielsen Company shows, a number that is higher than the 47 per cent average scored by the Asia-Pacific as a whole. Boosting the immune system was the top (77 per63 words
-
-
339 2009-03-05 8 RONNIE LIM - RONNIE LIM By AMERICAN chemicals giant Huntsman is relocating the global headquarters of its textile effects division from Switzerland to Singapore to better serve the fast-growing Asian market. The move, announced yesterday, involves shifting up to a dozen top brass here. And they will339 words
-
Article374 2009-03-05 8 SAMUEL EE - SAMUEL EE By COE premiums for passenger cars continued to climb slightly in yesterday's bidding exercise, the first for March. Distributors rushing to clear back orders, as well as an impending cut in the quota for certificates of entitlement (COEs), contributed to the rise, say some374 words
-
169 2009-03-05 8 DESPITE the economic downturn, the push towards better healthcare has not faltered. The Goh Foundation yesterday donated $12 million to the Yong Loo Lin School of Medicine to help improve the treatment of childhood cancer through Viva's Children Cancer programme. The gift was169 words
-
-
Page 8 Advertisements
-
Advertisement37 2009-03-05 8 KIIFIHD THE ONES h 51 t> H THATFIT!Q o i r^J x\ Recruit the right people j) G_— 1 through CATS Recruit. —t )CH Call 1800 289 8822 or email (/-> f^l J V/~yecruit@sph.com.sg jl/ to advertise. C*^^37 words
-
Advertisement7 2009-03-05 8 MMAAM ■mi mr MaHi mWiAm& MZ&; 'lid7 words
-
-
ECONOMY WATCH
-
557 2009-03-05 9 Bloomberg, Reuters Move aims at wider market participation in plan to stimulate credit says Fed [NEW YORK] The Federal Reserve and US Treasury eliminated executive compensation limits for companies that bundle loans accepted under a new US$l trillion programme, indicatingBloomberg, Reuters - 557 words
-
Article, Illustration402 2009-03-05 9 Reuters [NEW YORK] US President Barack Obama forecast a dismal first quarter for the economy as data showed US car sales fell 40 per cent in February and sales of previously existing homes in January tumbled to a record low.Reuters; AP - 402 words
-
590 2009-03-05 9 Bloomberg Broadest financial rule overhaul since 1930s in the works [WASHINGTON] Federal Reserve chairman Ben S Bernanke's blast at American International Group in Senate testimony on Tuesday suggests regulators plan further curbs on risk and concentration in the finan-cial-services industry. "If there– Bloomberg - 590 words
-
345 2009-03-05 9 Reuters, AFP, Bloomberg [WASHINGTON] The Obama administration on Tuesday endorsed legislation to crack down on offshore tax havens, raising the stakes in a showdown between the United States and bank-secrecy nations such as Switzerland. The endorsement came from Treasury Secretary Timothy Geithner atReuters, AFP, Bloomberg - 345 words
-
359 2009-03-05 9 AP +ISYDNEY] Australia's economy shrank 0.5 per cent in the last quarter of 2008, the government said yesterday in an unexpected announcement which suggested that the country may be entering a recession. The news of the economy's first contraction in eight years surprisedAP - 359 words
-
507 2009-03-05 9 AFP, Bloomberg, Reuters He insists that banks in business are active and viable [WASHINGTON] Federal Reserve chairman Ben Bernanke said on Tuesday that he sees no "zombie" banks among the major American financial institutions, arguing those in business are "active" and "viable".AFP, Bloomberg, Reuters - 507 words
-
-
MALAYSIA/INDONESIA
-
447 2009-03-05 10 PAULINE NG - PAULINE NG 17 companies write off RM5.6b due to forex, impairment losses: Maybank-IB By in Kuala Lumpur MALAYSIAN companies suffered huge write-downs and impairment losses in the fourth quarter of last year as commodity prices slumped and the US dollar strengthened. In447 words
-
400 2009-03-05 10 Reuters It will lay off 1,382 workers at the end of the month [KUALA LUMPUR] Flextronics International, one of the world's largest contract manufacturers, is shutting an assembly plant in Malaysia and laying off 1,382 workers at the end of the month. DemandReuters - 400 words
-
374 2009-03-05 10 -AFP [JAKARTA] Islamic finance and banking must be developed as an alternative to the discredited Wall Street model of doing business, the World Islamic Economic Forum resolved as it wrapped up yesterday in Indonesia. More than 1,550 delegates including-AFP - 374 words
-
Article, Illustration293 2009-03-05 10 -AP [JAKARTA] Indonesia's central bank yesterday cut its key interest rate by half a percentage point to 7.75 per cent, hoping to bolster the economy as the global downturn deepens and exports tumble. Bank Indonesia said in a statement the economic slump was "taking a-AP; REUTERS - 293 words
-
267 2009-03-05 10 Bloomberg [JAKARTA] Indonesia says it will get US$5.5 billion in loans to help finance its budget deficit and boost exports after overseas sales plunged by the most in 22 years. The World Bank pledged to lend US$2 billion to the South-east Asian nation,Bloomberg - 267 words
-
254 2009-03-05 10 AFP [KUALA LUMPUR] Malaysia stands on the brink of recession as falling demand hits exports and manufacturing with growth expected to reach just 0.5 per cent for the year, an independent think-tank said yesterday. "We forecast the economic growth for the firstAFP - 254 words
-
-
Page 10 Advertisements
-
Advertisement86 2009-03-05 10 Raffles Conversations 2008 EDITION 52 interviews by Business Times journalists The diverse experi* of some ofthe mo: influential thinke corporate chiefs J^ and social 1/ activists of m the age Jw£^ /M /a i Am \w 4 v I m m, W iM Am •MwS^immwM 4, Afim r IF Am86 words
-
-
GREATER CHINA/INDIA
-
608 2009-03-05 11 Reuters, Bloomberg The Business Times, Thursday, March 5, 2009 They aim to diversify their portfolio after losses in Blackstone and Morgan Stanley [BEIJING] China Investment Corp sees investment opportunities in energy and commodities sectors as prices have fallen steeply, a senior official with theReuters, Bloomberg - 608 words
-
425 2009-03-05 11 Reuters [BElJlNG] A key gauge of Chinese manufacturing improved in February for the third month in a row as factories restocked in anticipation of an early revival in the economy despite deepening global gloom. The official purchasing managers' index (PMI) remained below the nochange lineReuters - 425 words
-
304 2009-03-05 11 Bloomberg [TAIPEI] Taiwan, producer of more than 20 per cent of the world's computer memory chips, may push six of its companies to merge and deepen ties with overseas partners as the U5523.6 biUion industry grapples with record losses. Economics Affairs MinisterBloomberg - 304 words
-
Article, Illustration532 2009-03-05 11 AFP, Bloomberg [NEW DELHI] Indian Premier League bosses battled to save their multi-mil-lion-dollar tournament yesterday after a government call for it to be postponed for security reasons. In the wake of Tuesday's deadly assault on the Sri Lankan cricket team in Pakistan,AFP, Bloomberg; REUTERS - 532 words
-
Article, Illustration366 2009-03-05 11 AP [NEW DELHI] The Indian government is talking to a New York auction house about its planned sale of Mohandas Gandhi's eyeglasses and other personal items, an official said yesterday, amid pressure at home to prevent the auction and bring the belongingsAP; AFP - 366 words
-
515 2009-03-05 11 SAIBAL DASGUPTA - SAIBAL DASGUPTA By! in Beijing Some leading Chinese economists have suggested that the government drastically reduce its purchase of Treasury bills from the United States. The advice comes within days of Hillary Clinton, the US Secretary of State, urging Chinese leaders515 words
-
-
ASIA-PACIFIC/WORLD
-
Article, Illustration876 2009-03-05 12 BEN BLAND - BEN BLAND Thousands laid off as exports decline; a splurging middle class stops spending By in Hanoi and Ho Chi Minh City DESPITE having one of the world's fastest-growing economies over the past decade, communist Vietnam is continuing to discover that opening up itsAFP - 876 words
-
464 2009-03-05 12 Reuters US criticises move, saying it will affect agencies outside EU [BRUSSELS] European Union (EU) states reached a deal yesterday on introducing mandatory registration and direct supervision of credit-rating agencies, a spokesman for the Czech EU presidency said. The sector has beenReuters - 464 words
-
Article, Illustration593 2009-03-05 12 AP [LOS ANGELES] After nearly two decades of rocking the music world with a mix of brash stunts and splashy CD releases, the remaining six Virgin Megastores in the US will shut their doors this summer in another blow to recordedAP; : I AP - 593 words
-
372 2009-03-05 12 Bloomberg LATEST US DATA [New York] Service industries in the US contracted at a faster pace in February as job losses sapped consumer confidence and spending. The Institute for Supply Management's index of non-manufacturing businesses, which make up almost 90 per cent of the■ Bloomberg - 372 words
-
304 2009-03-05 12 Reuters [LONDON] Prudential pic and Manulife Financial Corp made preliminary offers for American International Group's (AIG) Asian unit, but Prudential's offer fell short of what AIG wants for the business, sources familiar with the matter said. Chinese insurer China Life Insurance Co Ltd,■ Reuters - 304 words
-
-
Page 12 Advertisements
-
WORLD
-
Article, Illustration743 2009-03-05 13 AP Delay in annual report as it assesses financial position and liquidity needs [LAS VEGAS] MGM Mirage said on Tuesday that it may default on its debt amid development of its biggest casino project ever, the US$B.6 billion City Center in LasAP; BLOOMBERG - 743 words
-
447 2009-03-05 13 ■Reuters [NEW YORK] Las Vegas casino legend Sheldon Adelson launched a quest for America's most boring city on Tuesday in a comeback to President Barack Obama's criticism of bankers who hold meetings in the famous gaming capital. Mr Obama last month warned companies that■Reuters - 447 words
-
Article, Illustration655 2009-03-05 13 -AP [WASHINGTON] General Electric (GE) is trying to convince shareholders it can weather the economic storm, but investors keep running for cover. In a letter to shareholders on Tuesday, chief executive Jeffrey Immelt reminded them that one of the world's largest industrial-AP; AP - 655 words
-
391 2009-03-05 13 Reuters [NEW YORK] The biggest US companies have slashed dividends to cut costs as the recession's grip tightens, but the savings are stripping cash-strapped investors of billions of dollars in income. Thirty-seven S&P 500 companies have cut their dividend since January, amounting to■ Reuters - 391 words
-
398 2009-03-05 13 AP [NEW YORK] Bernard Madoff has agreed to give up the rights to his disgraced investment business and his company's prized artwork and entertainment tickets as he faced another appearance in a federal courtroom yesterday. Prosecutors requested the hearing on Tuesday so thatAP - 398 words
-
486 2009-03-05 13 NYT [MINNEAPOLIS] The banks need another bailout and countless homeowners cannot handle their mortgage payments, but one group is paying its bills: the dead. Dozens of specially trained agents work on the third floor of DCM Services here, phoning the dearly departed's nextNYT - 486 words
-
-
AVIATION
-
442 2009-03-05 14 YEN SREENIVASAN - YEN SREENIVASAN Slump in shipments, shift in cargo from air to sea could lead to double-digit fall By [SINGAPORE] Worldwide air freight traffic could shrink by double digits this year amid the economic slowdown, a collapse in shipments and a shift in442 words
-
Article, Illustration532 2009-03-05 14 Reuters Carriers must be prepared to cut even more capacity [NEW YORK] US airlines are seeing a steep decline in travel demand especially for business trips as the recession grinds on, and carriers are braced for persistent weak demand, executives at– Reuters; FILE PHOTO - 532 words
-
306 2009-03-05 14 AFP [SINGAPORE] Asian low-cost airlines are offering dirt-cheap tickets to perk up travel during the summer holidays amid the global economic downturn. Singapore-based Tiger Airways, which flies to destinations in South-east Asia, Australia and China, announced on Tuesday that it would launch summer faresAFP - 306 words
-
407 2009-03-05 14 Bloomberg [DALLAS] American Airlines pilots union briefed members yesterday on a strategy for staging spot strikes against the world's second-biggest carrier over contract talks that began in September 2006. Meetings convened by the Allied Pilots Association (APA) in seven cities attracted more thanBloomberg - 407 words
-
Article2544 2009-03-05 14 AIRLINE CODES: AA American A (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Poblic ltd Co (BAW), BG B„,„,, a „desh Airlines (BBC), Bl R„,„, v M EVA Airways Corpn (EVA), CA: Air China2,544 words
-
-
Page 14 Miscellaneous
-
Miscellaneous387 2009-03-05 14 CRYPTIC CROSSWORD ACROSS 1 Many a school subject had n l R l R l l n h: n p not been completed by l__B great scholar (8) 9 Swift, soft-hearted incursion 10 Admitted having authority BB MM^^Mm Bl to be able to direct an activi- B' 3 12 Where387 words
-
-
SHIPPING
-
Article, Illustration453 2009-03-05 15 VINCENT WEE - VINCENT WEE It is confident about its strategy and investments despite global downturn By BANKING on its strategy paying off, TNT Express expects over 20 per cent growth in its Asia business this year despite the global downturn. "I'm extremelyFILE PHOTO - 453 words
-
333 2009-03-05 15 Bloomberg [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, gained the least in three sessions and forward contracts for hauling iron ore slumped amid speculation steelmaker demand for the raw material will wane. The index tracking transport costs on– Bloomberg - 333 words
-
Article215 2009-03-05 15 Bloomberg Singamas plans rights issue [HONG KONG] Singamas Container Holdings said yesterday it planned to sell about HK$492 million (Ss9B million) worth of new shares at a discount, raising capital to repay part of its bank loans. The shipping container maker said it planned to sell up to 1.42Bloomberg - 215 words
-
Article, Illustration229 2009-03-05 15 Reuters [PANAMA CITY] Three consortia placed bids on Tuesday for the biggest job of a planned U555.25 billion expansion of the Panama Canal, the canal authority said. The groups are seeking the estimated U552.73 billion contract for two new locks on theReuters; AP - 229 words
-
Article219 2009-03-05 15 Kuehne Nagel's Q4 profit up 7% Bloomberg [LONDON] Kuehne Nagel International AG, the world's largest sea-freight forwarder, said fourth quarter profit rose 7.3 per cent after the company reduced costs to help it cope with the global recession. Kuehne Nagel gained the most in a month in Zurich trading afterBloomberg - 219 words
-
TRANSPORT STOCKS
-
Article102 2009-03-05 15 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs rirst Ship Lease rreight Links 3rand Banks laya Hold Ltd KWentures Keppel Corp V1TQ Corp MOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine ipore Ship 0.24 0.17 0.75 0.32 0.52 0.36 ....unch 0.62102 words
-
Article32 2009-03-05 15 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd 0.53 8.20 8.05 2.85 2.70 0.02 -0.03 -0.10 -0.15 0.02 0.01 -0.01 21 651 239! 141! 7! 20132 words
-
Article12 2009-03-05 15 ■oo 'recious Ship Regional Cont 10.70 ...5.35 0.60 0.15 587; 38!12 words
-
Article19 2009-03-05 15 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.40 11.50 unch unch -0.10 1.00 unch unch 180;19 words
-
Article19 2009-03-05 15 Evergreen Marine ...12.60 :irst Steamship 34.90 /Van Hai Lines 13.45 t'ang Ming Marine ....8.94 0.05 2.25 0.35 0.1119 words
-
Article36 2009-03-05 15 '000 :awasaki Hvylnd...172.00 4.00 ***** :awasaki Kisen 296.00 -4.00 770) Mitsubishi Hvy 272.00 -4.00 2584! Mitsui Eng&Sbldg ..142.00 6.00 607: Mitsui Osk Lines ....469.00 -13.00 3276; Jippon Express 272.00 -4.00 416! JipponYusen 386.00 -4.00 *****36 words
-
-
487 2009-03-05 15 neuters Tropical storm in Australia disrupts iron ore shipment [BANGALORE] Investor fear of charter counterparty risk and weakness in freight rates may continue to weigh on the dry bulk shipping stocks in the near term. A counterparty risk arises when aneuters - 487 words
-
148 2009-03-05 15 Reuters [COPENHAGEN] Danish shipping and oil group AP Moller-Maersk's container shipping unit, Maersk Line, said yesterday it would raise rates for routes between Asia and Latin America as well as from Italy, Spain and Portugal to the United States. "It is a factReuters - 148 words
-
-
Page 15 Advertisements
-
Advertisement51 2009-03-05 15 Drop Anchor at Value Hotel! Quality rooms at remarkable prices await when you dock at Value Hotel! m\\^a^*\ For reservations or enquiries aWaWt (65)6352 ***** y^f M Give your crew the best rest: 1,1 y Ym "FREE in-room beverages J^ «FREE local calls per night -FREE internet access Terms conditions51 words
-
-
EDITORIAL & OPINION
-
Article515 2009-03-05 16 PRIME Minister Lee Hsien Loong pointed out something about the state ofthe Singapore economy during his recent interview on CNBC. The economy's probably in its worst shape in many, many years, the journalist started out saying. To which Mr Lee noted: "I would say515 words
-
Article, Illustration810 2009-03-05 16 FREDRIK ERIXON; RAZEEN SALLY - FREDRIK ERIXON and RAZEEN SALLY Leading economies should commit not to undertake new tariff or non-tariff protectionism By WORLD leaders have pledged that there will be no repeat of the *****, when tit-for-tat protectionism turned a recession caused by the Wall Street crash into aREUTERS - 810 words
-
Article, Illustration846 2009-03-05 16 ANTHONY ROWLEY - ANTHONY ROWLEY THE BOTTOM LINE HOUSEHOLD wealth in the United States has long been rather illusory, based as it has been on a credit-fed bubble in the equity and housing markets, but while it lasted it served to fuel a consumption boom.846 words
-
Article, Illustration1261 2009-03-05 17 LEON HADAR - LEON HADAR Many economists, including Nobel laureates, disagree with the Obama administration's economic recovery strategy PRESIDENT Barack Obama has insisted that the majority of mainstream American economists support the general premises underlying his economic policy and, in particular, the notion that the federal government shouldREUTERS - 1,261 words
-
Article, Illustration820 2009-03-05 17 ROBERT SAMUELSON - ROBERT SAMUELSON HOW to rescue US housing? The Obama administration doesn't have a plan or, more accurately, has only half a plan. It presupposes that preventing or minimising home foreclosures is a formula for revival. It isn't. Almost everyone agrees that a housing recovery820 words
-
LETTER TO THE EDITOR
-
388 2009-03-05 17 Mak Yuen Teen - Mak Yuen Teen ON March 3, 2009, the Singapore Exchange (SGX) announced a number of new or revised listing rules, as reported in The Business Times under "SGX lays down marker on profit guarantees" (BT, March 4). There is much to commend on the388 words
-
-
-
SINGAPORE STOCKS
-
Article8596 2009-03-05 18 Transaction date: Mar 4 Hi! !-wks Tel Low Code Com| Sale Cooo) Hi: Low Bu] ?er Seller C'vr •k P/E Smil >ari] 9 3 3148 8Telecom 11.5 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABRHIdgs 18 6 1938 AEICorp 9.5 1 1100 AEM8,596 words
-
Article1834 2009-03-05 19 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 offer1,834 words
-
Article93 2009-03-05 19 _H|< Low Code Com Sale COW] _H|< Low Seller Cvr P/E Smil 1830 1682 DBXTFTChina25 10USS 931 850 DBXT MSTaiwan 10USS DBXT Nifty 10USS 9440 8540 DBXT S&P Short 10USS ***** ***** 6065 Diamonds 6200 6200 6095 IS DJ US Tech 6097 IS MSCI Spore 6101 ISSSP500 I297093 words
-
Article74 2009-03-05 19 52-Wk Tel Hiqh Low Code Last Sale Vol COOOl Day Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E Smil Comi Hii 84.5 21 6000 AVJennings 11 4 6134 Over&Gen 24.5 6 6017 StarCruises 248 103 6019 TanChonglnt A21 -4 A8 US7 unch HK115cd +3 774 words
-
Article9294 2009-03-05 19 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.348/ AIGIF Spore Bond Fund/ A 1.196/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.6/ APS Alpha Fund (USD)!** 0.39/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5262/ APS Komaba9,294 words
-
-
Page 18 Advertisements
-
Advertisement8 2009-03-05 18 For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com SSj^^8 words
-
-
FINANCE & COMMODITIES
-
379 2009-03-05 20 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 3 World Index Preliminan 537.7 -1.4 -20.7 -1.9 -17.8 -1.5 -23.1 t EAFE Prel liminai 527.5 -1.6 -18.7 -2.3 -19.1 -1.9 -24.1 Euro[ Preliminan379 words
-
Article122 2009-03-05 20 As at 9am Mar 4 iingapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 0.9850 1.0420 Can dollar 1.1940 1.2080 iuro 1.9370 1.9590 IZ dollar 0.7620 0.7790 iterlini ind 2.1680 2.1930 JS dollar 1.5450 1.5620 .ocal dollars to 100 units if foreign122 words
-
Article154 2009-03-05 20 Mar 4 Iverniqhr -monrli -monrhs l-monrhs Overnighr mode: 1/4 JS$ 5/32 7/16 9/16 11/16 Offer 1/32 3/16 5/16 7/16 Bid days I monrh > monrhs J monrhs C monrhs monrhs 12 monrhs tAu 0.42 0.60 1.10 1.50 2.00 2.30 2.40 Offer 0.32 0.50 0.90 1.20 1.70 2.00 2.10154 words
-
Article22 2009-03-05 20 Mar 4 STI IIMSCI Mar 183.0 187.7 187.5 "aiwan Mar 164.1 171.7 171.5 Source: MF Global (S) Pte. Ltd22 words
-
Article20 2009-03-05 20 Mar 4 Bid Offer -month 1.5519 1.5535 1.5515 1.5532 {-months 1.5511 1.5529 i-months 1.5503 1.5523 Source: OCBC20 words
-
Article58 2009-03-05 20 Mar 4 lelivery lonth Opening Range Sett Av Price Price Hii Low Vol Open Done Position Vlar09 1947 1987 2000 1947 392 tyr09 1903 1942 1946 1891 2570 Vlay 09 1864 1902 1910 1856 9654 lun 09 1835 1871 1879 1825 2935 Total o/p: ***** contracts Turnover: *****58 words
-
Article309 2009-03-05 20 Mar 4 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar09 Jun09 Sep09 Dec09 98.7175 98.7100 98.6700 98.5250 9814 7081 6112 1824 EUROYEN TIBOR FUTURES Mar09 99.320 99.320 Jun09 99.395 99.400 Sep09 99.455 99.455 Dec09 99.465 99.465 Mar10 99.445 99.445 Jun10 Sep10 DedO 99.320 99.395 99.455 99.465309 words
-
Article186 2009-03-05 20 Mar 4 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) AprO9 136.5 May 09 JunO9 Jul 09 135.5 AugO9 133.0 SepO9 133.0 136.5 133.0 133.0 133.0 138.5 138.1 138.1 136.7 136.0 135.0 60 200 260 140 959 816 897186 words
-
Article88 2009-03-05 20 Mar 4 'eriod Issue code Maturity Yesterday's Bid Hii Day's |h Low 1-Month BQ*****W 04.06.09 -Year BY*****V 02.11.09 0.35 0.44 30VERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Hie Day's igh Low !-Year N*****0E 3.125 i-Year NX*****Z 2.250 '-Year N*****0S 2.875 0-Year NY*****A 4.000 5-Year NY*****X88 words
-
Article103 2009-03-05 20 Mar3\ (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 09 863.00 848.50 866.00 846.50 May 09 853.50 844.00 857.00 841.25 Jul 09 851.25 846.50 858.00 841.50 Aug 09 834.25 833.50 839.75 827.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 09 30.19 30.10 30.46 29.90 May103 words
-
Article75 2009-03-05 20 CRUDE OIL PRODUCTS Mar 3 origin) t/barrel Close Cham irent blend (1-Mth F) 42.83 -0.20 VTI (Near Mth) 41.32 1.11 )ubai (1-Mth F) 41.73 -1.96 "apis blend 48.45 -1.55 i/linas 44.25 -2.10 >RODUCT JSS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 41.77 46.85 -3.1 -3.2 USS/barrel )pec Oil Basket Price75 words
-
Article461 2009-03-05 20 Mar 4 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.821 4.347 0.508 4.930 32.905 76.528 0.628 9.856 2.359 1.280 50.923 30.903 0.986 6.683 0.751 22.274 22.939 0.452 0.635 Canada 1.218 5.293 0.619 6.002 40.063461 words
-
Article68 2009-03-05 20 Mar 4 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$) 0.***** 0.***** 1.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs68 words
-
Article133 2009-03-05 20 Mar 4 /oz) lar lar Hong Kong .ondon 921.40 908.30 922.40 909.30 Mar 02 Mar 03 931.70 908.40 933.70 910.40 Source: Thomson Reuters CAST BAR (S$) Mar 04 Buying Sellini Kilobar "49,305.60" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm iOgm OOgm oz ozUBS Kinebar™133 words
-
Article149 2009-03-05 20 Mar 4 lurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 0.9858 0.9872 0.6352 0.6355 Canadian dollar 1.2002 1.2019 0.7734 0.7738 iuro 1.9408 1.9428 1.2506 1.2507 IZ dollar 0.7699 0.7714 0.4961 0.4966 Cterlini 2.1790 2.1818 1.4041 1.4045 15 dollar 1.5519 1.5534 >$/US$149 words
-
Article64 2009-03-05 20 Mar 3 minimum, 99.7 jrity (US$/tonne) Co Close Previous :ash 1279.50 months 1315.50 1281.75 1318.00 Copper, Grade A (US$/tonne) :ash months 3516.50 3539.00 3358.25 3385.00 .ead (US$/tonne) :ash 1067.75 months 1075.00 1018.51 1028.01 lickel (US$/tonne) :ash months 9570.00 9650.00 9468.01 9550.01 'in (US$/tonne) :ash *****.00 *****.01 months *****.0064 words
-
Article70 2009-03-05 20 Mar3\ (£/tonne) Close Prev Hii ih/Low War 09 1806 1765 1807/1765 Way 09 1758 1713 1766/1712 lul 09 1718 1670 1723/1670 iep09 1696 1656 1699/1660 IOFFEE (USS/tonne) Close Pev High/Low /lar 09 1498 1512 1507/1490 /lay 09 1504 1521 1517/1488 UGAR (US tonne) l/hite Close Prev High/Low /lay 0970 words
-
2127 2009-03-05 20 BONDS, WARRANTS EXTENDED SETTLEMENT 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 >036AdvanceSCTW*****9 0.5 1 17 156 1.50 1 87 2088 8.00 41 17 )092 Asia Environment W*****4 0.5 1 38 2352,127 words
-
-
Page 21 Advertisements
-
Advertisement3660 2009-03-05 21 m THE BUSINESS TIMES mtumm Shipping Times m MTm\ RPP m\[ WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M f^_ m WtW K^SgSajga BB'irfffff'flfFlfnrTrWH lll%Tvi\ IAIAM MAI I llirr TEL:*****588 (14LINES) FAX:*****163 1 mtZ\ llVTlfC^tl I H!BBsfißl!Hß=!NpvWlirß iHWniPl'PPPll^WMi'i'WPil I \\\l^l I WAN HAI INtj PKL TEL: (03> *****55S FAX: (03)3,660 words
-
-
Page 22 Advertisements
-
Advertisement1370 2009-03-05 22 F^^^^^^^^^^^^^^^^^H n E EASTERN CAR LINER, LTD ll l^^ffißOßßM BsRSm Uf—s?L—i I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS BJjg| gjjjjj^jj|y|j|J|jJ IJ^^^3^^^^^^^B^^^^^^^^^^^f^S^^^^^^^^^^^^^^Z^^^^3 IQQSZE&iH M VOT I RoinKKT) I Lilliw(KT) I SIN I PKL I KUC I LCB I )KT I SUR I PCL/PHL SERVICE AAAX SERVICE Connecting ECL Svcviq1,370 words
-
-
BizIT
-
Article, Illustration358 2009-03-05 23 WINSTON CHAI - WINSTON CHAI By APPLE has peeled wraps off a new consumer desktop line, including a long-awaited update to its Mac Mini compact computer. The Mac Mini, which has not been refreshed since 2007, will welcome two new members into the product family. The358 words
-
392 2009-03-05 23 AFP [WASHINGTON] Yahoo chief executive Carol Bartz said on Tuesday that Internet search data remained "extremely important" to the company and any talks about selling the business to Microsoft would remain private. "We've been investing in search this last tumultuous year," theAFP - 392 words
-
Article, Illustration723 2009-03-05 23 Telecoms service giant expects overall business to grow by around 15 per cent this year, CEO Bill Barney tells ONG BOON KIAT PACNET, the largest independent submarine cable operator in Asia, is eyeing a stellar Singapore performance this year as it sets outFILE PHOTO - 723 words
-
Article235 2009-03-05 23 ONG BOON KIAT - ONG BOON KIAT By EMPLOYEE turnover at erstwhile regional telecoms service provider Pacific Internet was more than 50 per cent in Singapore before it merged with Asia Netcom to form Pacnet. That figure has been drastically slashed to around 16 per cent for both divisions235 words
-
-
Page 23 Advertisements
-
Advertisement159 2009-03-05 23 M WyZy/^Mm^^m^m^A^k W* Enterprise performance and mission critical RAS with I Sun SPARC Enterprise M3OOO Server. IB^^^^HSB JB^^^^B N. -1 -___-7l'Tfl iT^pl^n mWm^k\ mMw^^ 1 !;;;:::i*;i;; __J ,;j I J AM^Lmt *_5 VISIT SG.SUN.COM/PROMOTIONS/BT OR CALL 1800 FONE SUN (3663 786) NOW! q 1 <w SUN MICROSYSTEMS PTE LTD 1159 words
-
-
PROPERTY
-
Article, Illustration1050 2009-03-05 24 Bloomberg Number of 2008 sales falls 23%; units put up for sale jump 41% [NEW YORK] Manhattan apartment sellers cut prices by the most in five years last year and unsold inventory rose to the highest since 1999 as the economy retreated. TheBloomberg; BLOOMBERG - 1,050 words
-
281 2009-03-05 24 Bloomberg [SEATTLE] Brookfield Properties Corp, owner of New York's World Financial Center, said that office rents are falling and vacancy rates rising in Manhattan in the wake of mounting losses tied to the collapse of credit markets. "Clearly, rents are goingBloomberg - 281 words
-
Article, Illustration830 2009-03-05 24 Bloom berg Housing crisis unlikely to bottom out in first half '09 [WASHINGTON] Fewer Americans than forecast signed contracts to buy previously owned homes in January as the housing slump deepened at the start of its fourth year. The index of pendingBloom berg; BLOOMBERG - 830 words
-
479 2009-03-05 25 Reuters Firms in it need to reduce debt by as much as their worth in the stock market [NEW YORK] US real estate investment trusts, publicly traded real estate companies, are dirt cheap when measured against privately held real estate, bonds or stocks, GreenReuters - 479 words
-
245 2009-03-05 25 SHOPPING mall Paragon is sporting a new look after a $45 million project to revamp its facade. It now boasts an eye-catching three-dimensional look that makes use of multiple pop-out glass panels combined with multi-faceted aluminium panels. The design, by DP Architects, means higher and245 words
-
Article, Illustration288 2009-03-05 25 Bloomberg Late payment facility in land deals boosts developers' shares [SHANGHAI] China's southern province of Guangdong will allow real estate developers to delay payments on land purchases for as long as two years as part of measures aimed at supporting the industry. Developers'Bloomberg; FILE PHOTO - 288 words
-
206 2009-03-05 25 Reuters [DUBAI] Dubai state property firm Meraas Development, which said last year it was reviewing a US$95-billion real estate project, has halted two tower projects in the emirate, London-based magazine MEED reported. It said Samsung Engineering and Construction has stopped providing pre-construction servicesReuters - 206 words
-
-
Page 24 Advertisements
-
Advertisement111 2009-03-05 24 8 Tagore Drive Land Size 92,6645qft or 20,000sqft onwards Plot Ratio 2.0 Zone Business 1 *****123 BS Capital Pie Ud Iconic Freehold Condo Panoramic views of Macßitchie, Singapore Polo Club and City Skyline Reputable developer Minutes to good schools, Novena and MRT stations 2 to 4-bedroom types and Penthouses Full111 words
-
-
Page 25 Advertisements
-
Advertisement1056 2009-03-05 25 \wMi\ *j'a}M Rpl4 ■■——J Biiftm^/iW Zap Code WW AMM* m 1 I J^-^^T^______BB I Jjlfc^v/^M lbtought_yixjbySPlHN<wMed«iPtel.td V 1 4 1 m m r ,I||_»- k HOW TO ZAP: Download software by SMS-ing the word "zap" M\\ mt^^^^^^^U^^^mi^^^^^^^^m Vj>J\/lllv< to ***** (post-paid) or 9741-9401 (pre-paid). If B V lllv^ Zap the1,056 words
-
-
Page 26 Advertisements
-
Advertisement64 2009-03-05 26 wouldn't it be great if you could access your own money anywhere in the world? your Visa Debit card is accepted by over 29 million merchants worldwide w AW m A^^ Am k so you can go with your own money at home, online and overseas. mkAW M Mft P364 words
-
-
Page 27 Advertisements
-
Advertisement103 2009-03-05 27 it's one tiny, two-letter word that makes amazing things happen, go is action, it's the spark that starts the flame that sets everything in motion, go gets us to try things we've always wanted to try. go keeps us going no matter what life throws our way. go reminds us103 words
-
-
Page 27 Miscellaneous
-
Miscellaneous32 2009-03-05 27 TRAVEL I MUSIC I WEATHER I SCIENCE ,4lfiK^ Go rediscover your Go enjoy the Mosaic Go make the most Go make sense of adventure Music Festival of every sunny day new discoveries32 words
-
-
Page 28 Advertisements
-
Advertisement24 2009-03-05 28 ■jT jA^^^^^M A^Mm T3' *'J Af jf ,Amfy^k^k^mMm^ Jp/■ 2«£- 4^3l^^^l^HF more people around the world go with Visa. VM m visitvisa-asia.com WgW B^^P^Hj^^24 words
-