The Business Times, 10 March 2009

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Microfilm: NL29969
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    18 1 THE BUSINESS TIMES ssi .00 online at http://www.businesstimes.com.sg a Singapore press holdings publication coregnnoi9B4o2B6Be mica(p)l97/08/2008 Tuesday, March 10,2009
    18 words
  • Article
    Lock icon Temasek backs US$300m Chartered cash call
    639 1  -  OH BOON PING Rights issue at 66% discount; Temasek to buy its share and act as standby purchaser By [SINGAPORE] Chartered Semiconductor Manufacturing is raising about US$3OO million through a 27-for-10 rights offering to existing shareholders. The chipmaker said the rights shares will be
    639 words
  • Article
    Lock icon In the post – UOB's foray into heartland home loans
    664 1  - In the post UOB's foray into heartland home loans SIOW LI SEN Bank ties up with Sing Post to sell HDB loans and challenge rivals on their turf By [SINGAPORE] In a surprise move, United Overseas Bank (UOB) has tied-up exclusively with Sing Post to sell HDB home loans, muscling
    664 words
  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      85 1 8 *****1 *****4 f &^s6SlilPmm ULYSSE/NARDIN SSf^S^S&M** U Kfl Since 1846 Le Locle Suisse Contemporaiy Horological Art afe, mLS^^^^s- I hl^^V w W Kjß Self-winding. Patented Perpetual Calendar. SINGAPORE: TAKASHIMAYA S.C. TEL: 65-6734 2420 |S '—J^T^ X Q A TANG PIAZA TEL: 65-6235 7198 /RAFFLES HOTEL ARCADE B|fe- ''*'!■**> """v
      85 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      75 1 Jr^t SMEINC BUSINESS SCHOOLS HSBC MKi^M SPORE JOBS MARKET W Tough people Wharton loses Share price plunges JH Worst prospects in ..If^^ft for tough times the top spot below HK$4O I^M^^H 33 markets, says poll \^P^ PAGE 10 PAGE 3 PAGE 3 PAGE 2 WARREN BUFFETT ON THE US ECONOMY
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    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      13 1 yp*' i" 11 'ii j** J^' lUik I Ji^B'B^i^ :< f TOWN 0^?- BLUES
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  • TOP STORIES
    • Article
      Lock icon Collapsing asset values hit Asia hard
      787 2  -  ANTHONY ROWLEY ADB finds open economies suffer more now, but they gain in the long run By in Tokyo THE global financial crisis has so far cost emerging Asian economies a massive US$9.6 trillion in terms of collapsing asset values, according to a report
      787 words
    • Article, Illustration
      Lock icon Singapore job prospects head the bleak charts
      558 2  -  CHUANG PECK MING Manpower survey indicates it could be worst job market among 33 surveyed By [SINGAPORE] It's already bad enough. But Singapore's job market is going to get even worse in the next three months as half of 636 employers polled indicated
      Manpower  -  558 words
    • Article
      Lock icon Merck, Schering-Plough to merge in US$41 b deal
      499 2 -AP [TRENTON, New Jersey] Merck Co is buying Scher-ing-Plough Corp for US$4l.l billion in stock and cash in a deal that gives the companies more firepower to compete in a drug industry facing slumping sales, tough generic competition and intense pricing pressures.
      -AP  -  499 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Temasek backs US$300m Chartered cash call
        77 2 CHARTERED Semiconductor Manufacturing is raising about US$3OO million through a 27-for-10 rights offering to shareholders. The rights shares will be priced at seven cents each, which translates to a 65.9 per cent discount to its last traded price of 20.5 cents yesterday. Temasek unit
        77 words
      • Article
        Lock icon In the post – UOB's foray into heartland home loans
        50 2 In the post UOB's foray into heartland home loans IN a surprise move, United Overseas Bank has tied-up exclusively with Sing Post to sell HDB home loans, muscling its way into mass market mortgages that have so far been dominated by rivals DBS Group Holdings and OCBC Bank. FRONT PAGE
        50 words
      • Article
        Lock icon Collapsing asset values hit Asia hard
        69 2 THE global financial crisis has so far cost emerging Asian economies a massive US$9.6 trillion in terms of collapsing asset values, according to a report released yesterday by the Asian Development Bank. Globally, losses in the value of stocks, bonds and bank assets may
        69 words
      • Article
        Lock icon Wharton loses top spot in business school ranking
        72 2 AFTER three straight years in pole position, the Wharton School at the University of Pennsylvania is no longer home to the best undergraduate business programme in the US. That distinction according to Business Week magazine has gone to the University of Virginia's
        72 words
      • Article
        Lock icon ASJ cancels rights issue, citing adverse market
        56 2 ELECTRONIC components maker ASJ Holdings has cancelled a rights issue because of "adverse market and economic conditions". In June last year it proposed a four-for-five rights issue at five cents apiece, with one free warrant offered per five shares held, to raise about
        56 words
      • Article
        Lock icon SATS closer to delisting SFI as its stake tops 90%
        69 2 SINGAPORE Food Industries is a step closer to being delisted from the Singapore Exchange, now that its buyer Singapore Airport Terminal Services has accumulated over 90 per cent of its shares. SATS will exercise its right of compulsory acquisition, with
        69 words
      • Article
        Lock icon Japan runs up record current account deficit
        59 2 JAPAN'S economic malaise deepened yesterday as dismal trade figures and another wave of bankruptcies sent the Nikkei stock index tumbling to its lowest level in more than 26 years. Japan logged a record current account deficit in January, the first such month in
        59 words
      • Article
        Lock icon Aussie condo marketed in S'pore snapped up
        43 2 AUSTRALIAN Property Group, which took out a full-page advertisement in The Straits Times on Saturday to market a luxury condominium in Australia, says it has already sold 60 units of the 90-unit development. PROPERTY, PAGE 29
        43 words
    • Article, Illustration
      Lock icon HSBC shares dive to 13-year low
      612 3 Bloomberg US exposure, cash call among factors weighing on price [HONG KONG] HSBC Holdings pic, the bank that's raising £12.5 billion (5526.7 billion) in a rights offer, plunged the most in at least 23 years in Hong Kong, driven to a 13-year low by
      – Bloomberg; : Bloomberg  -  612 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        47 3 lorn lay lange 1COMP 858.22 -11.02 IIKKEI225 7,086.03 -87.07 1ANG SENG 11,344.58 -576.94 ;et index 411.27 -8.24 JAKARTA COM P 1,286.69 -1.38 IANILACOMP 1,890.62 -29.54 ;eoulcomp 1,071.73 +16.70 ;henzhen b 313.96 -6.96 IUMBAI IND 8,160.40 -165.42 12 noon EST Cham )OW 6,616.74 -10.20 IASDAQ 1,287.55 -6.30
        47 words
      • Article
        Lock icon PRIME RATES
        28 3 Bloomberg SINGAPORE 5.38 MALAYSIA 5.85 HONGKONG 5.00 INDONESIA 16.517 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 1.00 US 3.25 CANADA 3.00 SWITZERLAND 0.52 INDIA 12.25 Source:
        Bloomberg  -  28 words
      • Article
        Lock icon FOREX
        45 3 IS$ (S$ per US$) 1.546 (US$/S$ per 1.406 2.174 ;URO (US$/S$/E) 1.265 1.956 Foreign currency per US$ S$ 'EN 98.60 63.70 3.718 2.405 IK$ 7.756 5.017 !AHT 36.08 23.33 lUPIAH 12,010 7,768 lENMINBI 6.841 4.425 INDIAN RUPEE 51.68 33.43 1.560 1.009 IZ$ 1.989 1.287
        45 words
    • Article
      Lock icon Wharton loses top spot in undergrad survey
      569 3  -  LEE U-WEN Mclntire School rated to have best undergrad business programme in US By [SINGAPORE] After three straight years in pole position, the Wharton School at the University of Pennsylvania is no longer home to the best undergraduate business programme in the US.
      569 words
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      Lock icon Page 3 Advertisements Column 1
      403 3 111 ~J9hh ATiTi IJfii IMI jraggwißßwßjp^B- •''.'•Vi'" -I^^^^B'gS*Ks&l^s§2HaH i I *,^B AI I I Blf4 lI*J *J *,^B At Franklin Templeton, translating words into action matters most. THE EDGE-LIPPER SINGAPORE FUND AWARDS 2009 Templeton Global Bond Fund Franklin Mutual European Fund Franklin India Fund Best Fund over 3,5 &10 years
      403 words
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  • COMPANY NEWS
    • Article
      Lock icon ASJ Holdings cancels proposed rights issue
      368 4  -  JAMIE LEE Adverse market and economic conditions pummel stock way below issue price By ELECTRONIC component maker ASJ Holdings has cancelled a rights issue because of "adverse market and economic conditions". In June last year, the company proposed a four-for-five rights issue at five
      368 words
    • Article
      Lock icon Watch Reits loan-tovalue ratio: report
      335 4  - Watch Reits loan-to-value ratio: report JAMIE LEE By WATCH the loan-to-value ratio of real estate investment trusts (Reits) rather than the leverage, OCBC Investment Research said in a report yesterday. This comes as S-Reits' financial statements give mismatched estimates of their debt and balance sheet strength, said analyst Meenal Kumar,
      335 words
    • Article, Illustration
      Lock icon Tech sector may have hit rock bottom: Citigroup
      588 4  -  WINSTON CHAI By AFTER a brutal clobbering, Citigroup believes there are early signs that the worse may soon be over for the beleaguered technology sector. But despite the upbeat prognosis, the firm says the strong Singapore dollar and lingering competitive pressures could
      AP  -  588 words
    • Article, Illustration
      Lock icon F&N and YHS: alike and yet so different
      550 4  -  EMILYN YAP ARE Fraser and Neave (F&N) and Yeo Hiap Seng (YHS) "same same but different"? Pardon the colloquialism but this bit of slang from Thailand could just be the most apt when it comes to describing how the two groups compare.
      550 words
    • Article
      Lock icon SATS to mop up remaining SFI shares
      421 5  -  YEN SREENIVASAN SFI to be delisted after compulsory acquisition at 93< a share By SINGAPORE Food Industries is a step closer to being delisted from the Singapore Exchange, now that its buyer Singapore Airport Terminal Services has accumulated over 90 per cent of
      421 words
    • Article
      Lock icon 6 banks keen to lend SingTel $650m
      130 5 Reuters AT least six banks are keen in joining a treasury arm of Singapore Telecommunications in a self-arranged $650 million three-year bullet loan, a Reuters publication, basis point, reported yesterday. The six for the Sing Tel Group Treasury's loan are Bank of Tokyo-Mitsubishi
      ■ Reuters  -  130 words
    • Article
      Lock icon Tee Int'l units bag $55.4m projects
      252 5  -  ZEINAB YUSUF Group sees no material effect on NTA or EPS By SUBSIDIARIES of Catal-ist-listed engineering group Tee International have secured three projects worth a total of $55.44 million. Two of the projects were awarded by the National University of Singapore (NUS), one each
      252 words
    • Article, Illustration
      Lock icon Harry's sees fall in 2008 profits, looks for small hotel
      283 5 Reuters SINGAPORE'S largest bar chain operator Harry's Holding Ltd said yesterday its 2008 profits will fall, and it is looking to buy a small hotel on the is-land-state as its food and beverage business is saturated. "We are looking for
      – Reuters; FILE PHOTO  -  283 words
    • COMPANY BRIEFS
      • Article
        Lock icon Asia Tiger ends deal to buy Virgo Pulse
        55 5 ASIA Tiger Group Ltd yesterday said that it has terminated its agreement to buy all of Virgo Pulse Sdn Bhd for $16.09 million from TVM and GMA. It said that the termination was an "amicable decision" and no damages or penalties will
        55 words
      • Article
        Lock icon Nico expects to report loss for FY2009
        108 5 NICO Steel Holdings said yesterday that the group's business operations and financial results have been adversely affected by the global financial crisis. As a result, the group expects to report a loss for its financial year ended Feb 28, 2009. During most of
        108 words
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      Lock icon Page 4 Advertisements Column 1
      798 4 osim) OSIM INTERNATIONAL LTD (Incorporated in the Republic of Singapore on 27 August 1983) (Company Registration Number: *****4191N) PROPOSED ADJUSTMENT TO WARRANTS TO SUBSCRIBE FOR NEW ORDINARY SHARES IN THE CAPITAL OF OSIM INTERNATIONAL LTD (WARRANTS) Following the announcement of 14 January 2009, the Board of Directors of OSIM International
      798 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      390 5 Date First update on China since the financial crisis 19 March 2009 (Thu) Hear latest tax updates first hand from Director of Tax Bureau in Shanghai Trainer of Shanghai tax officers. The ideal platform to clarify your tax queries. Participants welcome to submit questions in advance i.me "CFO Guide to
      390 words
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      Lock icon Page 5 Advertisements Column 2
      133 5 BIHiMBI IP "i I UjfljjgJjjjjjljA 1 UCFPWrnRD :M:>'" ESS 9 www.servcorp.com.sg EUSEiiP! I Everything But The Overheads... I From $100* per month! Ji No set up fees, no security deposit, month to month flexibility jM Prestigious address for your business cards and letterhead m Access to over 300 boardrooms and
      133 words
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      829 6 s^^^^ S S S^^^^S P^^^L^^^ i M^^ HOLDINGS LIMITED "^^sT^ A liATiißAi r*rifti I^^^^^^ Investments Pte Ltd .-^yjt.^L "~L^—j^ iaV^WffPWV P^V^^n^^ <^ Air::r,:lir,:r,,r, En. ,n~r.n:i Pi* lt-:l r toff E?i-—s^^MH r fc am §B I£^ MM B Manufacturing Pte Ltc V^BV^^r NC (Singapore) Pte Ltd to yl I^y J^^JM^'JTT! NC
      829 words
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  • FOCUS: CHINATOWN
    • Article, Illustration
      Lock icon Chinatown fights retail blues
      778 7 Post-Chinese New Year, shops in the area are banking on discounts and promotions to woo crowds, reports LIEW AIQING LINES of freshly baked pastries tempt passer-bys, but not many are biting. And the scene at bakery Ho Kee Pau, at People's Park Centre, is played out
      YEN MENG JIIN  -  778 words
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      144 7 C^HQ^ATULAHQNS; TO £$r~?S UB NIWi HEJtQ^mSIK-— 4% Minister Dr Vivian Balakrishnan 8 P The Minister for Community Development, jot jfl| **I xk LI I m Youth and Sports MfcF M Hi Id k lAC CONSORTIUM pte ltd CC TAMfi Consultants IVhLr AUP CONSULTANTS PTE LTD *-l A-—?...■■■..^-g—"-_. tO I MIH\3
      144 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI loses 1,500 in bank sell-off
      613 8  -  R SIVANITHY STOCKS Adding to the incentive to sell was a 4.8% collapse in the Hang Seng Index FRIDAY'S column focused on whether the Straits Times Index (STI) could hold on to the 1,500--mark which had been tested several times before and proven seemingly
      loom berg  -  613 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      89 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 3 10 3 0 0 0 3 10 3 lanufacturing 17 80 51 10 21 90 57 Commerce 15 23 14 19 28 15 'pt/Stor/Comms 19 20 10 :inance 27 27 Construction 'roperties 29 29 lotels/Rsts
      89 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      113 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 15,383 15,383 37,781 37,781 lanufacturing 157,587 4,587 162,174 67,060 465 67,525 lommerce 95,173 6,525 101,698 48,744 654 49,398 'pt/Stor/Comms 56,309 205 56,514 95,688 13 95,701 :i nance 48,443 48,443 264,468 264,468 lonstruction 57,956 2,953 60,909 1,328 32 1,360 'roperties
      113 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      107 8 lapitaLand 1.790 -0.070 lapitaMall 1.050 -0.030 jtyDev 4.070 -0.190 losco Corp 0.700 -0.015 IBS Grp 6.450 -0.450 :&N 1.860 -0.090 ient Intl 0.420 -0.005 iolden Agri 0.260 -0.020 IK Land 1.950 -0.080 IMH 16.600 -0.100 ISH 8.920 +0.020 lardineC&C 8.530 -0.470 Ceppel Corp 4.080 -0.080 Ceppel
      107 words
    • Article
      Lock icon BROKERS' TAKE
      248 8  -  LYNETTE KHOO ComfortDelgro Corp March 9 close: $1.29 Phillip Securities, March 9 WE initiate coverage on Comfort Del Corp with a Hold rating. Our fair value estimate of $1.37 gives an upside of 3 per cent. Although we like ComfortDelgro for its diversified revenue streams, solid balance sheet,
      248 words
    • Article, Illustration
      Lock icon Slim prospects for technical bounce
      195 8 CHARTPOINT DESPITE more corporates falling to their 52-week lows and the local bourse slipping into heavily oversold territory, we believe prospects for a technical bounce are slim and any upside would, at best, be capped at 1,583. For now, the risk remains on the downside
      Kelive  -  195 words
    • Article, Illustration
      Lock icon Yen and British pound hammered
      530 8  -  LARRY WEE CURRENCIES STOCK indices in the US and Singapore may have recorded fresh multiyear lows after another set of poor US jobs numbers last Friday, but it was the Japanese yen and the British pound which were hardest hit in Asian currency trading yesterday.
      Reuters  -  530 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      5 8 I DAILY
      5 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      55 8 CLOSE IT OB/OS -881.00-231.0C IT CADI -*****.00-200.0i IT 10-day MA -*****.00 -88.0' TSE ST Mid Cap 295.83 -7.9 TSE ST Small Cap 240.77 -5.11 TSE ST All Share 349.10 -12.4. TSE ST China Top 140.32 -3.9: TSE ST China 136.24 -3.8 IOB Catalist 64.49 -1.41 IMSCI 174.83
      55 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      62 8 VOLUME Golden Agri 99,114,000 UniFiber 50,012,000 Gems TV 40,498,000 China Honqxinq 26,513,000 Sing Tel 22,520,000 Noble Grp 20,335,000 Chart SemiCond 17,297,000 Straits Asia 15,842,000 Capita Land 14,656,000 DBS Grp 14,471,000 VALUE(S) DBS Grp 96,190,248 UOB 83,142,750 Sing Tel 55,466,775 OCBC Bk 46,586,710 SGX 31,883,530 Capita Land 26,502,730
      62 words
    • Article
      Lock icon RISES
      107 8 CLOSE UP ICBC Bk RBePW*****3 197 35.0 21.6 iBS DB ePW*****7 63.5 18.0 39.' IGX RB ePW*****3 50 14.0 38. IOBRBePW*****3 136 13.0 10.' IOB BNP ePW*****8 104 12.0 13.' ;TI 2000BNPePW*****0 66 10.5 18. IOB BNP ePW*****7 95.5 10.5 12.. iBS RB ePW*****3 176 9.0 5.. m 1950BNPePW*****9
      107 words
    • Article
      Lock icon FALLS
      113 8 CLOSE DOWN ICBCCai 5.1%NCPS 100 8620-240.0 -2.7 iBXT S&P Short 10US$ 9470-221.0 -1.5 ICBC Bk5.1%NCPS 100 9060-120.0 -1.3 IOB 5.05%NCPS 100 9000-100.0 -1.1 IOB 820 -62.0 -7.0 ICBC Bk4.5%NCPS 100 8040 -60.0 -0.7 IOB.ES.0903 840 -48.0 -5.4 lardine C&C 853 -47.0 -5.2 iBS.ES.0903 674 -46.0 -6.4 iBS Gr| 645
      113 words
    • Article
      Lock icon CURRENCIES
      85 8 Vhere S! i$ stands Mar 9 CHNG CLOSE FRMar6 YR 2008/2009 S$ LOW S$ HIGH iss 1.5507 -0.14 1.5579 1.3457 iuro 1.9562 0.32 2.2064 1.8640 'ounds 2.1671 1.55 2.8431 2.0356 0.9870 0.15 1.3251 0.9068 ren* 1.5718 1.57 1.7278 1.2619 lupiah* 0.***** -0.14 0.***** 0.***** !aht* 4.2896 0.03 4.4299 4.0190
      85 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      97 8 The information in this advertisement is provided solely for informational purposes and does not constitute investment advice. It does not take into account your objectives, financial situation and needs. CFDs are leveraged products and have the potential for both significant gains as well as losses. Before investing you should carefully
      97 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Most innovative nation – yes, this one
      432 9  - Most innovative nation yes, this one LYNETTE KHOO Singapore tops global survey on business outcomes and the role of govt By SINGAPORE is the most innovative nation in the world, according to a study jointly produced by The Boston Consulting Group (BCG), the National Association of Manufacturers (NAM), and The
      432 words
    • Article
      Lock icon Swiss Life sees premiums hitting US$500m
      435 9  -  SIOW LI SEN By SOME things are reces-sion-proof even though they cost at least US$5OO,OOO. Swiss Life, which sells insurance to the rich, expects premiums to reach US$5OO million this year, a doubling from 2008 sales as the well-heeled seek assurance during bad times.
      435 words
    • Article
      Lock icon Schroders tops in fund awards
      264 9  -  BRITTANY KHOO By INVESTMENT research group Morningstar announced yesterday the results of its Fund Awards 2008 (Singapore), giving out 12 awards to recognise funds that performed well. Divided into equity and fixed-income categories, the Morningstar Fund Awards gave credit to funds and fund groups that
      264 words
    • Article, Illustration
      Lock icon Energy officials in talks with gencos' new owners
      520 9  -  RONNIE LIM By WITH the divestment of Singapore's three power generating companies (gencos) having been officially wrapped up by Temasek Holdings, senior energy officials led by a minister have begun visiting the new foreign owners of the power plants. Familiarisation visits kicked
      ALPHONSUS CHERN/THE STRAITS TIMES  -  520 words
    • Article
      Lock icon Family businesses in strong position to survive downturn
      373 9  -  MICHELLE YEO By FAMILY businesses are well placed to weather the economic crisis, a Barclays executive said yesterday. They have competitive advantages, such as longterm generational thinking, compared with listed peers that tend to focus on shortterm goals and quarterly reports, said
      373 words
    • Article, Illustration
      Lock icon First trade services surplus in 10 yrs
      453 9  -  CHUANG PECK MING 2007 exports jump 19.3% while imports grow 9.6% By SINGAPORE has scored what is perhaps its first trade services surplus in more than a decade. The island shipped $121.48 billion of services in 2007, up 19.3 per cent from 2006,
      Singapore Department of Statistics  -  453 words
  • Page 9 Advertisements
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      68 9 Suntec City Office Towers HBB The Business Capital of Asia /V 'Hit ♦>^5; Prestigious Business Address Panoramic city, Fountain of Wealth and sea views Integrated ancillary business facilities Units from 900 sq ft to 17,000 sq ft available to meet diverse business needs .___>.__._..- Fitted out units available Ample car
      68 words
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  • SMEInc
    • Article, Illustration
      Lock icon Tough people for tough times
      1172 10 Stubborn determination and sharp focus spell success for Eternal Financial Advisory, writes CONRAD TAN ETERNAL Financial Advisory has been in business for less than four years, but so much has happened in that time that it seems much longer to its founders. Freddy Sim, its
      ARTHUR LEE  -  1,172 words
    • Article, Illustration
      Lock icon Pulling together as a team
      1063 11 S&W Engineering's founder spells out the importance of his team's efforts in keeping the company going during the first challenging years, reports ZEINAB YUSUF ARRIVING in Singapore with less than $10 in his pocket about 30 years ago, Wong Chung Kang has beaten the odds
      YEN MENG JIIN  -  1,063 words
    • Article, Illustration
      Lock icon Expanding in difficult times
      2154 14 THIS WEEK'S TOPIC The government said recently that Singapore's GDP may shrink as much as 8 per cent this year. Against the backdrop of a rapidly worsening economic climate, are there changes to your business plan this year? Or is your company still intent on making
      STOCK.XCHNG  -  2,154 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      122 10 W S\ ilia ilk f A 1 Financial Facilitator Programme for SMEs An initiative by business associations supported by SPRING Singapore SMEs can approach any one of these EDCs and EBIS for business assistance: EDC@ASME EDC@SICCI EDC@SMCCI (Association for Small and Medium (Singapore Indian Chamber of (Singapore Malay Chamber of
      122 words
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      Lock icon Page 10 Advertisements Column 2
      20 10 I SINGAPORE PRESS HOLDINGS FOUNDATION Presents PlPPjjpj!|jll||H Tuc Pi icimccc Timcc SPH STRAITS TIMES. I HE BUSINESS lIMES MediaßaxOffice IMT.-.D
      20 words
  • Page 10 Miscellaneous
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      507 11 Financing Enhancements The government is enhancing its business and trade financing schemes to support more loans to help local firms gain access to credit in this current economic slowdown. Special Risk-Sharing Initiative npoppiPTinM LATEST ENHANCEMENTS utbLKiniuiN (Valjj for one year wjth effect from 1 February 2 009) For local companies
      507 words
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  • EMERGING ENTERPRISE
    • Article, Illustration
      Lock icon Awards and their biz significance
      734 12 They add to winning firms' brand equity, give them more opportunities and access to grants, interest-free loans and other tangible benefits. VICTOR KATHEYAS reports WITH so many awards up for grabs these days such as Enterprise 50, Entrepreneur of the Year and Emerging Enterprise there
      ARTHUR LEE  -  734 words
    • Article, Illustration
      Lock icon How to get the bank loan that your company needs
      834 12  -  JESSICA YEO By QUANTUM Consultancy Services (QCS), which provides IT solutions and services, has always found it easy to obtain bank loans. Just a few weeks back, QCS had its bridging loan application approved within three days. QCS director Go
      JOHN HENG  -  834 words
  • Page 12 Advertisements
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      194 12 Mfc^l Emerging i ?*/Enterprise m JB This is your chance to give your business a powerful boost with *****,000 in cash (interest-free loan), grants and professional services endorsed by established names in the world of business. Up to three deserving SMEs stand to receive one of the year's I most
      194 words
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      1344 13 ILJ Supported by: Organised by: II 1 SPRING ifICIM I H Singapore l//lj||V| 1 r II Enob/ing Enterprise Mil p ROFESS ONAL hk DEVELOPMENT I VISIONARY r 1 nm Babson-SlM's Family Enterprising The Job of the Chief Executive t A LI t X Growth Now and for the Next Generation
      1,344 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Japan runs up record current account deficit
      606 15 AFP, AP Survey shows 1,318 firms went bankrupt in February; Nikkei hits 26-year low [TOKYO] Japan's economic malaise deepened yesterday as dismal trade figures and another wave of bankruptcies sent the Nikkei stock index tumbling to its lowest level in more than 26
      ■ AFP, AP; AP  -  606 words
    • Article
      Lock icon Qatar to buy investment shares from banks
      419 15 Reuters, Bloomberg [DUBAI] Qatar launched new measures to support its banking sector yesterday with a government plan to buy banks' investment portfolios in a bid to revive lending and support the economy. "The government is studying a system to take these shares from
      – Reuters, Bloomberg  -  419 words
    • Article
      Lock icon Coordinated global stimulus needed, says US adviser
      376 15 Reuters, AFP [LONDON] World leaders need to pump more money into the economy in a coordinated effort to boost demand and pull the world out of recession, the White House's chief economic adviser said yesterday. In an interview with the Financial Times, National
      – Reuters, AFP  -  376 words
  • Page 15 Advertisements
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      517 15 FLY ANA to Fr /\mazing fares. Shorter transits. Attractively low taxes. And lovely Japanese hospitality. Enjoy all these and more with ANA's daily morning and night flights to USA! So book your next flight with us today! Hurry, seats are limited! Trove/ Period: 09 Mar -07 Apr 09 Trove/ Period:
      517 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Malaysia's next PM readies Budget to fight tough times
      659 16 Najib expected to unveil extra RM3Ob in spending measures [KUALA LUMPUR] Faced with the worst economic conditions since the 1998 Asian financial crisis and mounting political woes, Malaysia's next prime minister is due to unveil his first Budget today. Deputy Prime
      AP  -  659 words
    • Article
      Lock icon Anwar: 'Buckling' economy may shrink 2%
      313 16 -AFP [KUALA LUMPUR] Malaysia's economy is "buckling under the pressure of a global recession" and could contract by two per cent this year, opposition leader Anwar Ibrahim has warned. Anwar, who was finance minister before being ejected from the ruling Barisan Nasional-control-led government in
      -AFP  -  313 words
    • BRIEFLY ASIA
      • Article
        Lock icon Four players eye stake in India's United Spirits
        60 16 Reuters [MUMBAI] Four global spirits makers, including Diageo, have shown interest in acquiring a stake in India's United Spirits, the world's third-largest spirits maker, the Times of India said yesterday, quoting agencies. "United Spirits has received expressions of interest from four parties,"
        – Reuters  -  60 words
      • Article
        Lock icon Taiwan's exports fall for 6th-straight month
        91 16 Bloomberg [TAIPEI] Taiwan's exports fell for a sixth month last month, extending the longest losing streak in seven years as demand for electronics declined. Overseas shipments decreased 28.6 per cent from a year earlier, following January's record 44.1 per cent slump, the Ministry of
        Bloomberg  -  91 words
      • Article
        Lock icon China mobile in talks with Taiwan firms
        75 16 Reuters [BEIJING] China Mobile, the world's largest mobile carrier, is in talks with Taiwan's three major mobile phone network operators to cooperate on roaming services, chairman Wang Jianzhou said yesterday. Mr Wang said talks had been held with Chunghwa Telecom, Taiwan mobile and
        Reuters  -  75 words
  • Page 16 Advertisements
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      Lock icon Page 16 Advertisements Column 1
      988 16 mats X^l A J.^^^ 1 -i l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg I STX PAN OCEAN CO., LTD. I (A corporation with limited liability established under the law of the Republic of Korea) (Company Registration No. *****1 -*****86) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that
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      Lock icon Page 16 Advertisements Column 2
      14 16 TUNZ yOUR RAP/O TO o BEST MUSDC ONLY ON TODfIV S BEST MUSIC www.radio9l3.com
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China central banker warns of weaker exports
      745 17 Vice-governor Vi Gang says economic stimulus package is working fine [BASEL] China's economic stimulus package is already having the desired effect, but China needs to brace for more weakness in exports, Chinese central bank vice-governor Vi Gang said yesterday. China unveiled a four
      AFP  -  745 words
    • Article
      Lock icon HK warns of worse to come for economy
      294 17 Bloomberg [HONG KONG] Hong Kong's government may take more measures to support the city mid-year if the economy deteriorates because of the global financial crisis, Financial Secretary John Tsang said. "Depending on the economic situation then and the extent of the prevailing
      – Bloomberg  -  294 words
    • Article
      Lock icon Beijing will beat recession ahead of others: Rogers
      485 17 Bloomberg [SINGAPORE/HONG KONG] China's stimulus spending will help its economy overcome the global recession sooner than the US and other countries, investor Jim Rogers said. China's reserves allow the government to spend on projects that will make the nation more efficient and
      Bloomberg  -  485 words
    • Article
      Lock icon India's mobile phone market defies gloom
      314 17 -AFP [NEW DELHI] Amidst all the economic gloom, one business is still booming India's mobile phones thanks to the world's lowest call rates driven by fierce competition among cellular operators, analysts say. And while economists forecast a sharp slowdown in India's economic growth, no
      -AFP  -  314 words
    • Article
      Lock icon Big China carmakers heed Beijing's calls to woo small rivals
      598 17 Government wants consolidation of auto industry [SHANGHAI] China's auto makers, often touted as possible buyers of assets from desperate foreign giants, are instead heeding calls from Beijing to look to their fragmented and over-crowded home turf for deals. China has
      – Reuters  -  598 words
    • Article
      Lock icon Yuan likely to rise in value over long term: official
      207 17 Reuters [SHANGHAI] China's yuan should appreciate over the long term, but there is no need yet to push aggressively for a larger international role for the currency, Chinese central bank vice-governor Vi Gang was quoted as saying by official media
      – Reuters  -  207 words
  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      107 17 SAVE TAX Our qualified professionals tQ mJm-J <ft can assist you with offshore I J structures, shelf companies I and incorporations in ALL I jurisdictions including: aumaS British Virgin Islands K^ iLJIiX Cayman Islands Bahamas Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available.
      107 words
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      4 17 ■*s 9 I'LJi J
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon US economy fell off a cliff but will recover: Buffett
      612 18 Reuters, Bloomberg Overwhelming number of banks will earn their way out of recession [NEW YORK] Warren Buffett said yesterday that the US economy had "fallen off a cliff" and eventually would recover, although a rebound could rekindle inflation worse than
      – Reuters, Bloomberg; AP  -  612 words
    • Article
      Lock icon Lloyds explains decision to insure £260b of assets
      294 18 Reuters [LONDON] Lloyds Banking Group said Britain's requirement for banks to hold enough capital to withstand a "severe" downturn was key to its decision to insure £260 billion ($370 billion) of risky assets with the UK government. The deal, announced on Saturday,
      – Reuters  -  294 words
    • Article
      Lock icon Japanese starting to think of oil price rebound risk
      526 18 Reuters.AP [TOKYO] Japanese oil consumers are starting to cautiously insure themselves against the risk of an oil price rebound, although deep uncertainties about the outlook continue to stymie hedging activity. From niche ski resorts to major refineries, Japanese corporates have never
      – Reuters.AP  -  526 words
    • Article, Illustration
      Lock icon Credit Suisse chairman moves to Swiss Re
      430 18 Reuters [ZURICH] Credit Suisse chairman Walter Kielholz relinquished his post at Switzerland's number two bank to become chairman of troubled reinsurer Swiss Re, which has turned to Warren Buffett for cash after a hefty loss. Mr Kielholz, a former CEO at Swiss Re
      ■ Reuters; AFP  -  430 words
    • Article
      Lock icon Sceptics gather to discuss global warming
      339 18 -NYT [NEW YORK] More than 600 self-professed climate sceptics are meeting in a Times Square hotel this week to challenge what has become a broad scientific and political consensus: that without big changes in energy choices, humans will dangerously heat up the planet. The
      -NYT  -  339 words
  • Page 18 Advertisements
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      1192 18 A WATS sara EDMI EDMI Limited (Incorporated in the Republic of Singapore) (Company Registration No.: *****1694K) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of the Company will be held at 47 Yishun Industrial Park A, #01-00 Singapore *****4 on 25 March 2009 at 10.30 a.m.,
      1,192 words
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  • US ECONOMY
    • Article, Illustration
      Lock icon Attraction of US debt adds to pain of ailing nations
      772 19 -NYT Tilt of money towards US worsening crisis in countries seeking to refinance debt AS the world is seized with anxiety in the face of a spreading financial crisis, the one place having a considerably easier time attracting money is,
      -NYT; AFP  -  772 words
    • Article
      Lock icon AIG warned of 'catastrophic' collapse
      608 19 Bloomberg It sought rescue by saying failure would cripple money funds [NEW YORK] American International Group (AIG) appealed for its fourth US rescue by telling regulators the company's collapse could cripple money-market funds, force European banks to raise capital, cause competing life insurers to fail
      – Bloomberg  -  608 words
    • Article
      Lock icon House panel slams oversight of bailout banks
      482 19 LAT-WP Political tension grows as banks lend billions overseas [WASHINGTON] Congressional investigators are criticising the Obama administration for failing to police deals where banks participating in the US$7OO billion federal bailout loaned billions of dollars overseas, highlighting the growing political tension over the
      – LAT-WP  -  482 words
    • Article
      Lock icon Schools in US urged to spend fast, keep receipts
      290 19 NYT [NEW YORK] Arne Duncan, the US secretary of education, sent a message to the nation's school officials last week: Heads up! We'll be sending you billions of dollars by month's end. Spend the money quickly but wisely. And keep receipts;
      NYT  -  290 words
    • Article, Illustration
      Lock icon Fed setting things up for a big fall: Jim Rogers
      461 19 CJ -Bloomberg [SINGAPORE] Investor Jim Rogers said the US Federal Reserve will probably start buying Treasuries to keep borrowing costs down, staving off a bear market. Fed chairman Ben Bernanke said last week that the US central bank will use
      CJ -Bloomberg  -  461 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Executive pay: we need to know more
      464 20 AFTER earnings for Singapore's listed companies dropped some 87 per cent during their fourth quarter, analysts suggest that they could plunge even further. Given the state of the global economy and the continuing financial storm, few would bet against this view. The layoffs
      464 words
    • Article, Illustration
      Lock icon China canal project sparks eco debate
      1221 20  -  HENRY SANDERSON -AP Some environmentalists question the human and ecological costs of the USs62b project By IT is China's latest grand attempt to tame nature. Three canals will bring water hundreds of kilometres to Beijing and other thirsty cities in the north. More than
      -AP; AP  -  1,221 words
    • Article, Illustration
      Lock icon Big gap in what Obarna says and what he really does
      813 20  -  ROBERT SAMUELSON The Washington Post Writers Group THE BOTTOM LINE TO those who believe that Barack Obama is a different kind of politician more honest, more courageous please don't examine his administration's budget. If you do, you may sadly
      The Washington Post Writers Group  -  813 words
    • Article, Illustration
      Lock icon How do you say goodbye?
      1587 21 -LATWP The technology has gotten ahead of the etiquette when it comes to the farewell e-mail By ROBIN ABCARIA IT WAS not the most eloquent subject line for a farewell e-mail to 5,000 co-workers: "So long, suckers! I'm out!" But Jason Shugars worked at Google,
      -LATWP; AFP  -  1,587 words
    • Article
      Lock icon Merkel should build her EU legacy
      686 21  -  MICHAEL R SESIT Bloomberg By IHERE are those moments in the lives of political leaders and the destiny of nations when a bold move defines their place in history. For German Chancellor Angela Merkel and her country, last week was one of those times.
      – Bloomberg  -  686 words
    • Adopt UK rules on disclosure of share deals by directors
      • Letter
        Lock icon Adopt UK rules on disclosure of share deals by directors
        417 21  -  Tan Lye Huat I REFER to "Time to disclose pledged shares?" (BT, March 9) and admit to being beaten by Lynette Khoo in asking this pertinent question. According to the Financial Times of Dec 9, 2008, the Financial Services Authority
        417 words
      • Letter
        Lock icon Skills vital for audit committee members
        280 21  -  Mark Billington AC A RESEARCH published recently by the Institute of Certified Public Accountants of Singapore that suggests only 14 per cent of audit committee members hold accountancy or finance qualifications. This is cause for concern. The current global economic turmoil has been exacerbated
        280 words
      • Letter
        Lock icon Make controlling shareholders more open
        94 21  -  Chia Huai Yuan LISTED companies are required to provide regular financial updates to enable shareholders to assess the risks of owning shares in the companies. There is a strong case for revealing the financial positions of relevant controlling shareholders. The relevant authorities should consider requiring
        94 words
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      28 21 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. 0 WAT 3 NOTICES
      28 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Delta, American, United pare seats on key routes
      721 22 Bloomberg Carriers scrambling to deal with sharp drop in demand for international travel [DALLAS] Delta Air Lines, American Airlines and United Airlines are cutting seats on some routes London, Tokyo and other overseas business centres by as much as a third in
      Bloomberg; AP _ i  -  721 words
    • Article
      Lock icon China Eastern wins further 2b yuan
      299 22 Bloomberg [SHANGHAI] China Eastern Airlines Corp's parent won a further two billion yuan (*****.3 million) in aid from the government, raising the unprofitable carrier's total bailout to nine billion yuan. The carrier will get the funds as "the next step", vice-chairman Li Jun said
      Bloomberg  -  299 words
    • Article
      Lock icon China Shipping looks for assets
      181 22 Bloomberg [SHANGHAI] China Shipping (Group) Co, the nation's second-biggest sea-cargo company, is looking for opportunities to buy assets overseas as shipping lines and port operators struggle with slumping world trade. "We are keeping a close eye on the situation," president Li Shaode said yesterday in
      – Bloomberg  -  181 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        119 22 '000 lar CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mare Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.25 0.17 0.70 0 31 0 47
        119 words
      • Article
        Lock icon KLSE
        32 22 '000 lar nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd 0.53 8.30 8.05 2.85 2.70 0.01 -0.01 -0.10 -0.15 -0.01 0.01 unch 60 405 579 2082 15 320
        32 words
      • Article
        Lock icon BANGKOK
        7 22 '00 ■recious Ship 9.90 -0.60 5990
        7 words
      • Article
        Lock icon HONGKONG
        6 22 '000 toil 16.64 -0.22 295
        6 words
      • Article
        Lock icon PHILIPPINES
        22 22 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.40 10.50 2.00 unch unch -0.50 unch unch 711 244 5 0
        22 words
      • Article
        Lock icon TAIPEI
        23 22 Lvergreen Marine ....13.75 :irst Steamship 38.85 /Van Hai Lines 13.75 rang Ming Marine 9.33 0.85 2.50 0.15 0.27 15 19 4 17
        23 words
      • Article
        Lock icon TOKYO
        37 22 '000 :awasaki Hvy Ind ..178.00 :awasaki Kisen 291.00 /litsubishi Hvy 271.00 /litsui Eng&Sbldg...145.00 /litsui Osk Lines 471.00 Jippon Express 270.00 JipponYusen 372.00 -2.00 ***** 4.00 5906 1.00 ***** -1.00 3764 8.00 ***** 4.00 3436 -4.00 *****
        37 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2644 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public ltd JG Biman Bangladesh Airlines (BBC), Bl Royal Brur,_ M EVA Airways Corpn (EVA), CA: Air China (CCA), CB: American
      2,644 words
  • Page 22 Advertisements
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      346 22 CRYPTIC CROSSWORD ACROSS I Cut corners for a start, and 5 Flourish, but see deprivation L^ U^ amidst returning rabble (7) I I I 9 Bill Hill is one to take on roles 9 10 Clipped dog got tempera- ill i II Groan unhappily after open- I j I I
      346 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8598 23 Transaction date: Mar 9 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E Smil 9 3 3148 8Telecom 11 3 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30.5 12 5000 ABRHIdgs 18 6 1938 AEICorp 9.5 1 1100 AEM 25 7 2101 APOil
      8,598 words
    • Article
      Lock icon SGX CATALIST
      1846 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      1,846 words
    • Article
      Lock icon SGX XTRANET
      103 24 52-Wk Tel h Low Code Last Sale Vol COOP) Day Ih Low Last Quote Buyer Seller Div GrYld C'vr Net P/E .3 _Hm Com _Hm 1830 1682 DBXT FTChina25 1OUS$ 931 8S0 DBXT MSTaiwan 1OUS$ DBXT Nifty 1OUS$ 9613 8S40 DBXT S&P Short 1OUS$ ***** ***** 606S Diamonds
      103 words
    • Article
      Lock icon CLOB INTERNATIONAL
      68 24 52-Wk Tel High Low Code Last Sale Vol COOP] Day Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hii 84.5 20 6000 AVJennings 11 4 6134 Over&Gen 24.5 6 6017 StarCruises 248 103 6019 TanChonglnt A24.5 A8 US7 -0.5 HK11 Scd 105 7
      68 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9286 24 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.37/ AIGIF Spore Bond Fund/ A 1.192/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.62/ APS Alpha Fund (USD)!** 0.4/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5209/ APS Komaba
      9,286 words
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  • FINACE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      381 25 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Mar 6 World Index Preliminary 528.8 -1.2 -22.0 -1.2 -19.0 -0.9 -24.1 t EAFE Prel liminai 520.8 -1.6 -19.8 -1.3 -19.7 -1.0 -25.2 Euroi Prelim
      381 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 25 As at 9am Mar 9 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 0.9860 1.0440 Lan dollar 1.1960 1.2120 Euro 1.9510 1.9760 NZ dollar 0.7720 0.7910 iterlini ind 2.1730 2.201 US dollar 1.5340 1.5540 Local dollars to 100 units of foreign
      130 words
    • Article
      Lock icon INTERBANK RATES
      175 25 Mar 9 fer Bii Overnight 1 -month 2-months 3-months Overnight mode: 1/8 US$ 1/8 7/16 9/16 11/16 Offer 1/16 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.42 0.60 1.10 1.50 2.00 2.30 2.40 Offer 0.32 0.50
      175 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 25 Mar 9 STI IIMSCI Mar 182.3 182.6 174.5 "aiwan Mar 178.4 178.6 175.1 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Mar Q S$ Bid Offer 1-month 1.5451 1.5467 2-months 1.5448 1.5465 3-months 1.5444 1.5462 6-months 1.5435 1.5453 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      62 25 Mar 6 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low Mar 09 2000 2070 2070 2000 254 882 Apr 09 1944 1995 1998 1940 1973 ***** May 09 1902 1940 1955 1895 6954 ***** Jun 09 1865 1916 1920 1864 1759 *****
      62 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      307 25 Mar 9 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar09 Jun09 Sep09 Dec09 98.5875 98.5000 98.4550 98.3300 8369 8409 5937 1974 EUROYEN TIBOR FUTURES Mar09 99.320 99.325 Jun09 99.435 99.435 Sep09 Dec09 99.480 99.480 Mar10 Jun10 Sep10 DedO 99.320 99.435 99.480 99.320 99.405 99.465 99.470 99.455
      307 words
    • Article
      Lock icon SICOM FUTURES
      178 25 Mar 9 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) Apr 09 140.0 May 09 Jun 09 Jul 09 Aug 09 Sep 09 140.0 140.0 139.0 139.0 137.0 136.5 136.5 4 975 796 897 1085 686 544 TSR 20
      178 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 25 Mar 9 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****Z 11.06.09 1-Year BY*****V 02.11.09 0.31 0.42 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0E 3.125 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X
      86 words
    • Article
      Lock icon CHICAGO BOT
      104 25 Mar 6 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 09 879.00 862.50 888.50 867.00 May 09 867.00 852.00 874.75 850.50 Jul 09 866.00 851.25 873.75 850.00 Aug 09 853.00 837.50 857.75 842.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 09 30.76 30.44 31.00 30.38
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      78 25 CRUDE OIL PRODUCTS Mar 6 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 44.50 -0.08 WTI (Near Mth) 45.52 1.88 Dubai (1-Mth F) 43.12 -0.41 Tapis blend 48.45 -1.30 Minas 45.20 -1.15 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 42.67 47.35 -1.43 -1.75 USS/barrel US! Opec
      78 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 25 Mar 9 AS CS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.824 4.385 0.507 4.971 33.128 76.978 0.632 9.923 2.383 1.275 51.661 31.131 0.991 6.700 0.742 22.310 23.125 0.456 0.641 Canada 1.214 5.322
      464 words
    • Article
      Lock icon SIBOR
      73 25 Mar 9 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 1.***** 0.***** 6 mths 1.***** 0.***** 9 mths 2.***** 0.***** 12 mths 2.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 1.***** I mths 1.***** I mths 1.***** 2 mths
      73 words
    • Article
      Lock icon PRECIOUS METALS
      142 25 Mar Q GOLD (USS/oz) Mar 09 Mar 06 Hong Kong London 931.00 933.30 932.00 934.30 Mar 06 Mar 05 942.00 912.55 943.20 913.75 Source: Thomson Reuters CAST BAR (S$) Mar 09 Buying Sellini Kilobar "50,116.66" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm
      142 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 25 Mar 9 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 0.9902 0.9917 0.6408 0.6411 Canadian dollar 1.2018 1.2037 0.7777 0.7782 Euro 1.9545 1.9572 1.2648 1.2653 NZ dollar 0.7764 0.7779 0.5024 0.5029 Sterlini 2.1724 2.1754 1.4058 1.406. US
      157 words
    • Article
      Lock icon LONDON METALS
      61 25 ,luminium, 99.7% urity (US$/tonne) Close Previous :ash 1277.25 months 1310.00 1287.01 1321.01 Copper, Grade A (US$/tonne) :ash months 3696.00 3720.00 3662.75 3685.00 .ead (US$/tonne) :ash 1210.75 months 1220.00 1176.51 1184.01 lickel (US$/tonne) :ash months 9776.00 9850.00 9752.01 9825.01 'in (US$/tonne) :ash *****.00 *****.01 months *****.00 *****.01 inc, Special
      61 words
    • Article
      Lock icon LIFFE
      72 25 Mar 6 (£/tonne) Close Prev Hii ih/Low Mar 09 1819 1823 1821/1779 May 09 1755 1756 1760/1713 Jul 09 1703 1706 1707/1674 Sep 09 1675 1680 1671/1650 COFFEE (USS/tonne) Close Pev High/Low Mar 09 1510 1516 1527/1508 May 09 1501 1511 1519/1492 SUGAR (US tonne) White Close Prev High/Low
      72 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2175 25 BONDS, WARRANTS EXTENDED SETTLEMENT rei Lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left >058 Advance Modules W*****3 6 susp 1 17 156 1.50 41 >036 Advance SCT Ltd W*****9 0.5 1 87 2088 8.00 17 5092 Asia Environment W*****4 0.5
      2,175 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      2562 26 m The Business Times Shipping Times M^] #ilrlinMllMriiml^w BfffHTIJIJJJ^B Direct Calling to TWTPE every Saturday i UKCOT:r EBVICE 1 i y^^ 1 with effect from 28 Feb 2009. STXPOTBN R TM/AN B /T,L STXPOTBN NOL/NPK/SAV/CDN JtMtM. 11.116 6X Sill 6 H3VS o^. Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia,
      2,562 words
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      4654 27 PI n IFlri EASTERN CAR LINER, LTD I E^SJSIXED UL_^___l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS [B^J llßSfflSiEl^^^^g I «-""PlKT) I HHinq(KT) I SIN I PKL I KUC I LCB I )KT I SUR I vo! (IA (ID DiSImAMN PCL/PHL SERVICE AMX SERVICE I Connecting ECL Svc via
      4,654 words
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  • PROPERTY
    • Article, Illustration
      Lock icon Investment in Thai construction may halve
      562 28  -  Greg Lowe This could lead to Bangkok property prices plummeting 30%, say analysts By in Bangkok INVESTMENT in Thailand's construction sector will halve this year and could cause Bangkok property prices to plummet 30 per cent, analysts say. The Thai Contractors Association (TCA) expects
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      Lock icon Bed-and-breakfast gains popularity in Delhi
      433 28 AFP [NEW DELHI] As New Delhi prepares for the Commonwealth Games in 2010, a shortage of hotel rooms has left organisers scrambling to house the 100,000 spectators expected to descend on the Indian capital. Planners insist that the 39 planned hotels will be finished by
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      Lock icon Aussie condo marketed in S'pore snapped up over weekend
      733 29  -  ARTHUR SIM Home prices said to have fallen 30% in 6 months; investors bet on currency gain By PROPERTY appears to be evolving into a currency play with investors hoping to benefit from the rise and fall of exchange rates. Australian
      733 words
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      Lock icon Commercial property outlook for UK worsens: survey
      250 29 Reuters Funds and analysts reckon recovery not due until 2011 [LONDON] The outlook for UK commercial real estate has worsened as fund managers and analysts predict a steeper drop in capital values this year, with a recovery not due until 2011, consensus data
      Reuters  -  250 words
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      Lock icon Housing market's upside: affordability
      558 29 MT This could stimulate demand when economy stabilises [NEW YORK] Houses in the United States are now more affordable than at any time in the last 40 years when compared with personal income. Only a couple of years ago, home prices rose to clearly unsustainable multiples
      MT; BLOOMBERG  -  558 words
    • Article
      Lock icon In the new US property market, old guys are hot
      930 29 Reuters [NEW YORK] Ted Leary's retirement was short-lived. After saying good-bye to real estate in 2005, he headed for the golf course, but the collapsing commercial property market interrupted his game. A career that began in the 1970s with the
      Reuters  -  930 words
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      196 28 Total 336 Freehold units Full condo facilities, 36 storeys 2/3/4 bedrooms sky villas Panoramic city/reservoir view Good schools attractive price S Preview invitation Van 9007 0907 9004 7506 H»*f°™> Two of Australia's finest five star international hotels Surfers Paradise Marriott Resort Spa I One of the Gold Coast's finest f■"
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      20 28 8 Tagore Drive Land Size 92,6645qft or 20,000sqft onwards Plot Ratio 2.0 Zone Business 1 can *****123 BS Capital PteLtd
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      208 28 ZAP HERE for the latest property updates! To Zap*: 1. Install the Color Cam™ software in your mobile phone by a. typing the word "Zap" sms ***** (Post-paid subscribers) or 9741 9401 (Pre-paid subscribers) b. typing "zapcode.sg" in the web browser of your handset 2. Trigger the Color Cam™ software
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      20 29 •*****/8500sqft I Brand New Designed by Renowned o v :%*:ri§ Arcnitect I *Posh Interior "f ¥-V I Surrounded by Greenery
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      50 29 Golden Agri Plaza IQ Quality Business Space TOP in April 2009 43,000 sf per floor. Subdivisible Close to amenities at Alexandra Harbourfront Precinct IR at Sentosa With spectacular central courtyard landscaped garden Directly opposite Pasir Panjang MRT (2010) Call Sole Agent Lianhe Zaobao I "mst triangle economic circle" mooted B3!!PlTlffWffff!ffltCTßcT!T!tT!n!W
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      34 29 Management for your London rental property Ideal for staff accommodation _^^J For up to 100 staff Htfrj SSJ Good condition, Spacious Pool/Lift/Carpark I Bl^BP Public buses •1-2 year lease *****636 *****301 li!!!!!!!!*, lllfl Hi
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  • INDUSTRIAL SPACE
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      Lock icon Creative buzz at Mediapolis
      885 30 It will have centres for interactive digital media, computer-generated imagery, games, animation and more, reports EMILYN YAP IMAGINE flashing billboards, colourful media screens, film shootings on the streets and red carpet activities galore. This is not downtown Manhattan nor Tokyo. Come 2020, Singapore's very own Mediapolis
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