The Business Times, 20 March 2009

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Microfilm: NL29970
Total Pages: 27
1 27 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 197/08/2008 Friday, March 20,2009
    22 words
  • Article
    Lock icon SGX flags hot spots for company boards
    759 1  -  CHEWXIANG In a timely alert, it calls on boards to verify cash and other areas of heightened risks By [SINGAPORE] The Singapore Exchange yesterday urged boards to step up checks on their companies' cash holdings, accounts receivables, off-balance sheet items and other "areas
    759 words
  • Article
    Lock icon Fed throws in US$1.2t and the kitchen sink
    580 1 Aggressive action seen raising odds for recovery [WASHINGTON] The Federal Reserve said on Wednesday that it will deploy an additional US$l.2 trillion to try to lower interest rates and stimulate the economy, an aggressive move aimed at containing the recession. The central
    580 words
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      28 1 f|0| Ki CHRISTIAN LACROIX ■■pPJ THE WINTER'S TALE J»| CORTINA v BIS |OT ____^Ss_ *m!L_. H "^SMk w_£ jlMmm The business of good health EXECUTIVE LIFESTYLE PAGE 23
      28 words
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  • TOP STORIES
    • Article
      Lock icon PM Lee: Govt will do utmost to cushion blow
      685 2  -  LEE U-WEN Budget works as it reduces job losses, unemployment By [SINGAPORE] While the Singapore government will do all it can to soften the blow of the financial crisis, the best it can hope for is to "buffer the impact" while
      685 words
    • Article, Illustration
      Lock icon Funds, banks start shopping for real estate assets
      765 2  -  UMA SHANKARI Players laying groundwork to snap up regional assets on the cheap By [SINGAPORE] Institutional funds and private banks are scouting for property assets in the Asia-Pacific, industry players say. The funds and banks armed with billions of dollars in cash
      AFP  -  765 words
    • Article
      Lock icon Populist backlash may wreck Wall St rescue
      819 2  -  LEON HADAR NEWS ANALYSIS By in Washington TRADITIONALLY, Americans have admired the rich too much to resent them. But public anger at the way that Washington has handled the bailout of insurance giant American International Group (AIG) now threatens to smash the ambitious
      819 words
    • Article
      Lock icon Fed knew about AIG bonuses for months
      212 2 [WASHINGTON] US Federal Reserve officials knew about the controversial AIG bonuses but did not tell Treasury or White House officials for months, the Washington Post reported yesterday. The American International Group informed the Fed three months ago that it would pay US$l65 million
      212 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon SGX flags hot spots for company boards
        46 2 THE Singapore Exchange yesterday urged boards to step up checks on their companies' cash holdings, accounts receivables, off-balance sheet items and other "areas of heightened risks". The results of such checks, the SGX said, should be disclosed. FRONT PAGE
        46 words
      • Article
        Lock icon Fed to deploy US$1.2 trillion to stimulate economy
        42 2 THE Federal Reserve said on Wednesday that it will deploy an additional US$l.2 trillion to try to lower interest rates and stimulate the economy, an aggressive move aimed at containing the recession. FRONT PAGE
        42 words
      • Article
        Lock icon Funds, banks start shopping for real estate assets
        54 2 INSTITUTIONAL funds and private banks are scouting for property assets in the Asia-Pacific, industry players say. The funds and banks armed with billions in cash are laying the groundwork so they can snap up assets on the cheap later in the year.
        54 words
      • Article
        Lock icon World stares at first shrinkage in 60 years
        70 2 THE global economy faces an overall contraction, for the first time in 60 years, of as much as one per cent this year, the International Monetary Fund warned last night as it lowered growth forecasts made just two months ago and acknowledged
        70 words
      • Article
        Lock icon SIA's Stephen Forshaw leaving for Microsoft
        33 2 STEPHEN Forshaw, the outspoken communications chief at Singapore Airlines is leaving the company, and will be replaced by seasoned aviation journalist, Nicholas lonides. COMPANY NEWS, PAGE 4
        33 words
      • Article
        Lock icon Credit crisis hits $74.5m Marco Polo contract
        65 2 THE credit crunch-induced malaise at the higher end of the shipbuilding spectrum has spread to the second line. Smaller shipbuilder Marco Polo Marine's attempt to enter the higher-value segment has suffered a setback as it revealed yesterday that its $74.5 million contract to
        65 words
      • Article
        Lock icon GE Water, NUS to set up water R&D centre
        42 2 GE Water and the National University of Singapore will be setting up a $150 million water technology centre to develop better and cheaper solutions for water and wastewater treatment. SINGAPORE NEWS, PAGE 9
        42 words
      • Article
        Lock icon Foreign exodus wipes RM25b from KL bourse
        66 2 FOREIGN investors sold down many Malaysian stocks both after the election and the global crisis. RHB Research estimates that portfolio investment declined by between RM2S billion and RM3O billion last year. That and similarly robust sales in the bond market was the reason
        66 words
    • Article, Illustration
      Lock icon World stares at first shrinkage in 60 years
      823 3  -  ANTHONY ROWLEY International policy response must be stronger and more coordinated: IMF B. in Tokyo THE global economy faces an overall contraction, for the first time in 60 years, of as much as one per cent this year, the International Monetary Fund
      YEN MENG JIN  -  823 words
    • Article
      Lock icon Leading indicators take another fall
      262 3 Bloomberg LATEST US DATA [NEW YORK] The index of leading US economic indicators fell in February for the third time in five months, reflecting the worsening conditions that spurred the Federal Reserve to say on Wednesday that it will buy Treasury securities. The Conference Board's
      Bloomberg  -  262 words
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      174 2 (2q „.»s I lack s «,*£> J Placed Is your effort worth $3.71 To prepare the same at home $6.59 (Excludes garnishing, condiments, oil, cutleries, gas, electricity, assets, sweat and effort) Here at Jack's Place $10.30++ (Includes quality garnishing, condiments, oil, cutleries, gas, electricity, cozy and air-conditioned environment minus the
      174 words
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      149 3 www.vw.com.sg m^^^Jm^S^Km^^m^mV^mßv^mmlmWmA n&*HvmWm\mT^ WmmWOKWUmi VWfc ■>■ XtftOT d' V ;t&Bf\ i-7 _St __Hfl9__k _?W'"*-^nK J/ rr^ '3®-' JCr- -iaL- i^^WHkfir "V^* "™^^^^^^__b_ i wmW^^ ,^Br Did you notice the leopard? The new Passat CC. Once you've seen it, you'll see nothing else. It's no wonder why the Passat CC is
      149 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon SIA's Stephen Forshaw leaving for Microsoft
      416 4  -  YEN SREENIVASAN Seasoned aviation journalist Nicholas lonides succeeding him as spokesman By STEPHEN Forshaw, the outspoken communications chief at Singapore Airlines is leaving the company, and will be replaced by seasoned aviation journalist, Nicholas lonides. Mr Forshaw, 38, has been an articulate and often
      416 words
    • MARKETS DIGEST
      • Article
        Lock icon PRIME RATES
        29 4 Bloomberg SINGAPORE 5.38 MALAYSIA 5.53 HONG KONG 5.00 INDONESIA 16.298 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.50 SWITZERLAND 0.52 INDIA 12.25 Source:
        Bloomberg  -  29 words
      • Article
        Lock icon MARKETS
        46 4 lursi lay lange CLCOMP 847.96 +6.09 IIKKEI225 7,945.96 -26.21 IANG SENG 13,130.92 +13.75 CET INDEX 427.72 +1.52 JAKARTA COMP 1,341.60 +18.77 IANILACOMP 1,780.26 +9.98 CEOULCOMP 1,161.81 -8.14 CHENZHEN B 338.87 +5.38 IUMBAI IND 9,001.75 +25.07 12 noon EDT Cham )OW 7,414.65 -71.93 IASDAQ 1,486.64 -4.58
        46 words
      • Article
        Lock icon FOREX
        44 4 IS$ (S$ per US$) 1.518 (US$/S$ per 1.428 2.167 IURO (US$/S$/E) 1.349 2.047 Foreign currency per US$ S$ 'EN 95.50 62.90 3.657 2.410 IK$ 7.752 5.107 !AHT 35.58 23.44 CUPIAH 11,900 7,840 CENMINBI 6.828 4.499 INDIAN RUPEE 50.67 33.38 1.474 0.971 1.840 1.212
        44 words
    • Article
      Lock icon SIA can't rule out deferring A380 deliveries
      430 4 SINGAPORE Airlines, the first customer for the Airbus SAS A3BO aircraft, said it can't rule out postponing deliveries of the world's biggest commercial plane. "We don't discount the possibility of deferring future orders as we consider the options for our fleet," spokesman Stephen
      430 words
    • Article
      Lock icon Auditors can do more to deter and detect fraud
      898 4  -  LYNETTE KHOO HOCK LOCK SIEW By INVESTORS depend on auditors to give reasonable assurance that financial statements are free from material misstatements caused by fraud or error. But that faith has been severely tested of late when cases of fraud left
      898 words
    • Article, Illustration
      Lock icon Ex-Cortina staff Jerry Ee back from Bangkok to face charges
      397 5  -  JAMIE LEE More than 200 of 386 watches that went missing have been recovered By A FORMER Cortina Holdings employee who vanished after almost $8 million of watches and cash went missing last year was back in Singapore last night.
      JOHN HENG  -  397 words
    • Article
      Lock icon SPH Magazines unit dickTRUE scores Google first
      281 5  -  ZHANG VI TING By AN online marketing unit of SPH Magazines has become the first company in Singapore and South-east Asia to be accepted by Google as a Google Analytics Authorised Consultant (GAAC). The unit, cIickTRUE, specialises in services to help clients achieve
      281 words
    • Article
      Lock icon Beauty China founder's bid to sell stake fails
      246 5 AN attempt by Beauty China's major shareholder Wong Hon Wai to sell his pledged shares has fallen through. Mr Wong's shares, which have been pledged to obtain credit facilities, are held through his investment holding firm Lucky Gain. Earlier this month, it
      246 words
    • Article
      Lock icon China Fishery replaces scrip dividend with bonus issue
      220 5  -  JOYCE HOOI By CHINA Fishery Group has dropped a proposed scrip dividend and replaced it with a proposed bonus share issue. In an announcement yesterday, the company said that it is not proceeding with the proposed distribution of a proposed first and
      220 words
    • Article
      Lock icon Credit crisis hits $74.5m Marco Polo contract
      378 7  -  VINCENT WEE Deal to build 80m subsea vessel for Hallin discontinued by mutual consent By THE credit crunch-induced malaise at the higher end of the shipbuilding spectrum has spread to the second line. Smaller shipbuilder Marco Polo Marine's attempt to enter the high-er-value
      378 words
    • Article
      Lock icon A routine clause and not a cash call: Sembcorp
      371 7 Seeking share issue mandate at AGM a normal practice, it says SEMBCORP Industries' seeking of a share issue mandate at its upcoming annual general meeting (AGM) is an annual affair not to be interpreted as a disclosure that the company is
      371 words
    • Article
      Lock icon New tax may halve profit: Thai Bev unit
      330 7 Reuters [BANGKOK] Thailand's Oishi Group yesterday said that a proposed new tax on bottled green tea could slash its 2009 profit by half and scotch plans for a new production plant. Oishi, which means "delicious" in Japanese, is 90 per cent owned
      Reuters  -  330 words
    • Article
      Lock icon Parkway settles suit with ex-employee
      290 7  -  JAMIE LEE By PARKWAY Holdings has settled a lawsuit with an ex-employee, who was suing the firm for about $2.1 million. Qwek Koo, a former senior marketing manager, had alleged that the company owed him incentive payments for referring patients from the Middle East to
      290 words
    • COMPANY BRIEFS
      • Article
        Lock icon OSIM raises $6.5m from rights issue
        26 7 OSIM International said yesterday that it has raised net proceeds of around $6.5 million from its fully subscribed rights issue.
        26 words
      • Article
        Lock icon No delay in PCCW buyout hearing
        54 7 PACIFIC Century Regional Developments (PCRD) and Starvest expect the High Court hearing on the proposed buyout of PCCW to proceed on April 1, 2009. The Securities and Futures Commission told both companies that comments of a deferment in media reports are speculative and do
        54 words
      • Article
        Lock icon Babcock & Brown Global Inv to delink from group
        62 7 Babcock Brown Global Inv to delink from group BABCOCK Brown Global Investments (BBGI) said yesterday that it will explore options to delink from the Babcock and Brown Group and seek shareholders' approval for a name change. BBGI also said that it will begin the second phase of its strategic review
        62 words
      • Article
        Lock icon Aberdeen in deal to take up Bukit Semb rights shares
        35 7 ABERDEEN Asset Management Asia has entered into a sub-underwriting agreement with OCBC Bank to take up 6,444,217 rights shares with warrants in Bukit Sembawang Estates.
        35 words
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      61 4 Boardroom LIMITED Introducing... BR POLL For Efficient Shareholder Registration Scrutineering S High-speed registration vote tabulation S Electronically generated result reduces risk of miscalculation j^*. I J7 Large data-processing capacity M R •f Increased data reliability S Availability of audit trail for enquiries, please contact: Khor Yoke Kean David Woo (65)
      61 words
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      Lock icon Page 4 Advertisements Column 2
      51 4 nT7OT4 J V 1 Vi SINGAPORE PRESS HOLDINGS I I Presents Eil'iN-H-Hl'l'M 1111l 111"1^ I W^^^^k\ ___ff\ 7-^.. 1 _k_B _Pst" ____r <s:^^m^kr vT^^L^ Vm.* Jfl _-Rfe>^---> -HTSI -B zi. Jl S3 ■iTlrii,llL*-------------------n»iiiliffTi^ -_.miWPPPWfWfRnf?RS^ ES BUi-_--i»__ipi(iwpppTHp^^ tn^u^w kMVMMfI Organised by: Event managed by: Partner: THE BUSINESS TIMES H dial Jloffi_e
      51 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon A mixed, unspectacular session
      586 6  -  R SIVANITHY Senior Correspondent STOCKS STI edges up thanks to banks as market moves in anticipation of weak trading on Wall Street EXPECTATIONS of a largely mixed and possibly slightly weak Thursday session for Wall Street provided the backdrop for trading here yesterday. This was apparent
      Bloomberg  -  586 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      95 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 7 6 4 0 0 0 7 6 4 lanufacturing 37 43 59 39 49 66 Commerce 17 10 16 17 12 20 'pt/Stor/Comms 13 10 14 10 10 :inance 10 10 Construction 'roperties 13 15
      95 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      112 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 40.404 40.404 95.459 95.459 lanufacturing 154.225 11.944 166.169 72.371 257 72.627 Commerce 39.540 1.597 41.137 50.642 150 50.792 "pt/Stor/Comms 59.827 304 60.131 107.908 14 107.923 :i nance 45.125 45.125 278.791 278.791 Construction 8.613 553 9.166 448 454 'roperties 112.907
      112 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      103 6 CapitaLand 2.080 -0.050 CapltaMal 1.100 4-0.060 CityDev 5.010 4-0.050 Cosco Corp 0.735 -0.020 IBS Grp 7.710 4-0.310 :&N 2.300 4-0.040 Sent Intl 0.450 -0.005 iolden Agri 0.275 -0.010 IK Land 2.140 4-0.020 IMH 17.600 4-0.600 ISH 9.280 4-0.280 lardineC&C 9.600 -0.270 Ceppel Corp 4.370 -0.110 Ceppel
      103 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      842 6  -  Jamie Lee Source: Compiled by Cosco Corporation March 19 close: $0,735 KIM ENG RESEARCH, March 19 WE are downgrading Cosco to a "sell" in view of faster than expected deterioration in fundamentals. Trade publication Upstream recently reported that Chinese yard Jiangsu Hantong has initiated legal action against Sevan
      Bloomberg  -  842 words
    • Article, Illustration
      Lock icon US$ hit by Fed move, more losses feared
      518 6  -  LARRY WEE CURRENCIES THE US dollar notched one of its sharpest losses this year in Asian trading yesterday, following news that the US central bank would pump more than US$l trillion into the banking system over the coming months. What one commentator
      Reuters  -  518 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      59 6 CLOSE BT OB/OS -118.00+104.0 BT CADI -*****.00 -1.0 BT 10-day MA -*****.00 -11.00 FTSE ST Mid Cap 309.96 +0.31 FTSE ST Small Cap 248.92 -0.03 FTSE ST All Share 376.36 +1.72 FTSE ST China Top 148.83 -1.61 FTSE ST China 142.02 -1.47 UOB Catalist 65.15 +1.00 SIMSCI
      59 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      65 6 VOLUME Capita Mall R 41,759,000 Golden Agri 37,526,000 Capita Mall 35,436,000 SembCorp Ind 25,623,000 Capita Land 23,757,000 Noble Grp 19,639,000 DBS Grp 18,459,000 Petra 18,447,000 China Honqxinq 18,289,000 Cosco Corp 14,713,000 VALUE(S) DBS Grp 141,428,770 UOB 74,442,300 SembCorp Ind 54,481,370 Capita Land 49,939,800 Capita Mall 38,212,480 S
      65 words
    • Article
      Lock icon RISES
      102 6 BY CENTS CLOSE UP 9166 326.2 2.4 GLD 10US$ JMH 1760 91.0 3.5 MS India 10US$ 693 89.5 9. UOB.ES.0903 937 52.0 5.9 JSH 928 42.5 3.1 OCBC Bk5.1%NCPS 100 9100 40.0 0.4 iBS Gri 771 31.0 4.. CIMBAsean40 100US$ 454 24.3 3.7 DBS.ES.0903 768 23.0 3.1 UOB 928
      102 words
    • Article
      Lock icon FALLS
      122 6 CLOSE DOWN 8210-315.6 -2.5 DBXT S&P Short 10US! SIA.ES.0903 957 -41.0 -4.1 Jardine C&C 960 -27.0 -2.7 UOB 5.05%NCPS 100 9070 -20.0 -0.2 CembCori Ind 207 -17.0 -7.i India Ni 10 834 -12.0 -1.. DBS DB ePW*****0 15.5 -11.5 -42.6 Con 437 -11.0 -2.! DBS RB eCW*****9 13 -10.5
      122 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      85 6 Mar 19 CHNG CLOSE FRMaM8 YR 2008/2009 S$ LOW S$ HIGH USS 1.5190 0.95 1.5579 1.3457 Euro 2.0485 -2.59 2.2064 1.8640 Pounds 2.1694 -1.80 2.8431 2.0356 AS 1.0299 -1.83 1.3251 0.9068 Yen* 1.5892 -2.25 1.7278 1.2619 Rupiah* 0.***** 0.32 0.***** 0.***** Baht* 4.2717 0.14 4.4299 4.0190
      85 words
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      330 7 tm\ I A^g\ w^g^g\ hw^gW A^g^g^r^ W^g^k A^g^K g^g^m AwKKmMMm*^iglishChamber EUROPEAN UNION FlLjyj FESTIVAL cheese ARTS Barc< I m mm mm m I stßßarceW^ I vl M_m llEKre! Voilah l|S GOM3J ACROIX ExhibitiojJ Wm WW A^g^k Maeffll llsH m^ o\MR WL M I Members only WINE Pffnstituti m m llil^^F
      330 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Spore 'a best place for start-ups today'
      363 8  -  OH BOON PING New businesses will create jobs for those laid off, says IQube incubator's founder By FINANCIAL capitalism has to make way for entrepreneurship, and Singapore is ideally placed to be an entrepreneurial hub, says the founder of one of Europe's largest
      363 words
    • Article, Illustration
      Lock icon CordLife set to post profit, recruit staff
      445 8  -  CHEN HUIFEN By HOMEGROWN tissue bank Cord Life is set to return to the black in its current financial year and is looking to hire more people for expansion. The Australian-listed company recently posted a A 51.59 million (551.65 million) net profit for
      FILE PHOTO  -  445 words
    • Article
      Lock icon OCBC, DBS, UOB, HSBC win Asian Banker awards
      250 8 OCBC Bank, DBS Group, United Overseas Bank and HSBC Singapore are among the financial institutions here that garnered awards from The Asian Banker yesterday. OCBC took three awards Best Retail Bank in Singapore, Excellence in Bancassurance and Excellence in Customer Advocacy in
      250 words
    • Article
      Lock icon Korea, S'pore institutes in R&D tie-up
      225 8 KEY research institutes from Singapore and Korea signed an agreement yesterday to work together to develop new micro and na-no-technologies for use in the medical, biomedical, environment, electronics, automotive and aerospace sectors. The two sides will hold joint academic meetings and symposiums and team
      225 words
    • Article
      Lock icon Citibank offers grade-based discount on student loan
      199 8  -  ZEINAB YUSUF By TERTIARY students at some institutions here have another reason to do well a reduced bank interest rate on an education loan. Citibank Singapore's new education loan pegs the interest rates that students pay to their academic grades. Students who make
      199 words
    • Article
      Lock icon GE unit, NUS to set up water R&D centre
      376 9  -  CHEN HUIFEN $150 m project to focus on water reclamation and reuse, desalination By GE Water and the National University of Singapore (NUS) will be setting up a $150 million water technology centre later this year to develop better and cheaper
      376 words
    • Article
      Lock icon S'pore's status as education hub growing: minister
      261 9  -  VICTOR KATHEYAS Student arrivals up but qualitative growth also needed By SINGAPORE'S status as an education hub has "grown considerably over the years", as evidenced by an increase in student arrivals of more than 50 per cent since 2003, said Minister of State
      261 words
    • Article
      Lock icon TNT names head for Asia-Pacific healthcare business
      232 9 IN anticipation of double digit growth in its Asia healthcare business this year, TNT has appointed Bhrigu Singh its Asia-Pacific regional industry director for healthcare. Mr Singh has over 15 years of experience in the healthcare industry, and will be responsible for spearheading
      232 words
    • Article, Illustration
      Lock icon Celebrating Cambridge's 800th year
      313 9  -  LEE U-WEN By CAMBRIDGE University turns 800 this year, and Singapore joined its worldwide celebrations last night with a gala reception attended by Prime Minister Lee Hsien Loong. Many of the university's leaders were in town to mark the occasion at Raffles Hotel, including Alison Richard,
      CHEW SENG KIM/ST  -  313 words
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      125 9 Il*] nn iAI I I m^WmTi f^Tmi K*Jl _I*H U fm^ I UTi. I ftr*M/*l FvtvTv«T2T«i Wr^\ I H Leisure m. 4 _-i mwt m i° wj 'J^^w^v I L^i™ X*<%_*^-_L* L™ IL* L^jl™ I vivil*] l_~J 11 L^a I II k_l I K^__^D P^^ S/ 111 I I WUmmm
      125 words
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  • ECONOMY WATCH
    • Article
      Lock icon US regulators knew of risks but failed to act
      550 10 -Reuters Govt report says no agency assumes role of spotting risks that affect whole system [WASHINGTON] The US government's hodgepodge of financial regulatory agencies failed to take a big-pic-ture view of risk and ignored red flags in the current economic crisis,
      -Reuters  -  550 words
    • Article, Illustration
      Lock icon Shortfall of global trade finance hits US$100b
      413 10 AFP [GENEVA] The global shortfall in trade financing has increased nearly four-fold since November to around US$lOO billion, with emerging markets feeling the impact of the credit crunch, a trade source said on Wednesday. "The magnitude of the gap has increased by three-fold
      AFP  -  413 words
    • Article
      Lock icon Expert body formed to identify financial dangers
      431 10 -IHT [PARIS] As the debate about banking governance intensifies, the world's leading financial institutions are seeking to improve the way they warn each other about potential risks. The Institute of International Finance, which represents financial institutions, has established a panel of experts, which
      -IHT  -  431 words
    • Article
      Lock icon Fed statement
      407 10 The following is the full text of the statement from the Federal Reserve's Federal Open Market Committee issued on Wednesday following a two-day meeting on monetary policy: Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract. Job losses, declining
      407 words
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      1893 10 w zj WATS JL^I V__^ JL JL^-___rf 1 mJ Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg IN THE MATTER OF IN THE MATTER OF IN THE MATTER OF THE COMPANIES ACT (CAP. 50) THE COMPANIES ACT (CAP. 50) THE COMPANIES ACT (CAP. 50) AND AND AND IN THE MATTER OF IN
      1,893 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Foreign exodus wipes RM25b from KL bourse
      378 11  -  S JAYASANKARAN But RHB Research also notes a jump in foreign interest in certain stocks in luiaia Lumpur THE stock market began sliding well before last September's collapse of Lehman Brothers, triggered primarily by the outcome of the March 8 general election that
      BLOOMBERG  -  378 words
    • Article
      Lock icon Najib sets new economic model for M'sia
      616 11 Bernama Goal is to harness talent, energy of all Malaysians [KUALA LUMPUR] Malaysia will use the current global economic downturn as a springboard to forge a new economic model by using knowledge as its lead, Deputy Prime Minister Najib Razak said on Wednesday.
      – Bernama  -  616 words
    • Article, Illustration
      Lock icon Remote Indonesia needs help to draw FDI
      363 11 Reuters [JAKARTA] Indonesia needs to provide more incentives to attract foreign investment, particularly outside Java island where infrastructure is poor, the governor of one of the country's fastest growing provinces said on Wednesday. Fadel Muhammad, governor of Gorontalo and a member of the
      Reuters; ST  -  363 words
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      3535 11 w J MAIS JL^I V__x JL XxJ JL_- ij Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg THE COMPANIES ACT (CHAPTER 50) IN THE MATTER OF f ELECTROTECH INVESTMENTS LIMITED f ELECTROTECH INVESTMENTS LIMITED AND TUC rrtUDAKIIEC A<~r IrAD cn\ incorporated in Ito RepublicrfSmgapora) ELECTROTECH (Company Raglslratlon N0.*****50MD) ELECTROTECH IN THE MATTER
      3,535 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon China factories get desperate as orders evaporate
      630 12 AP Some are opting out of mega trade fair as foreign customers intend to stay away [GUANGZHOU] Desperate for new customers, Chinese factories have been bombarding Josef Jelinek with e-mails every day. One wants the British businessman to order a shipment of whirling
      AP  -  630 words
    • Article, Illustration
      Lock icon India's inflation rate lowest in 20 years
      585 12 Bloomberg Central bank likely to cut interest rates to support growth [MUMBAI] India's inflation slowed to a two-decade low, providing room for the central bank to cut interest rates to protect the economy from the global recession. Wholesale prices rose 0.44 per cent
      Bloomberg; AP  -  585 words
    • Article
      Lock icon China Mobile's '08 profit surges 29.6%
      342 12 -AP [BEIJING] China Mobile Ltd, the world's largest phone carrier by subscribers, said yesterday its 2008 profit surged 29.6 per cent on strong demand growth despite a slowing economy and said it will benefit from Beijing's stimulus spending. Earnings rose to 112.8 billion yuan
      -AP  -  342 words
    • Article
      Lock icon Beijing pressing US to act on global warming
      549 12 AFP It is also waiting for funding, technology from rich nations [WASHINGTON] China pressed on Wednesday for the US Congress to pass legislation to fight global warming, warning that inaction could hold up a new treaty slated for Copenhagen in December. China's
      AFP  -  549 words
    • Article
      Lock icon Cheung Kong Infrastructure's H2 profit down 24%
      407 12 Bloomberg [HONG KONG] Cheung Kong Infrastructure Holdings posted a 24 per cent drop in second-half profit on losses from currency fluctuations. Net income fell to HK$2.O9 billion (Ss4o9 million) from HK52.75 billion a year earlier, according to calculations made by Bloomberg based on
      Bloomberg  -  407 words
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      53 12 THE HEARTBEAT OF THE INDIAN COMMUNITY HHIEI 1 I WW MUMBAI UUH 100 DAYS 0N... sf~y Memories of November's terrorist attack will never be wg^g^j ns™ r [i}-^ forgotten, but the resilient M mfc L m W city has bounced back 1 1 J)l| m^^m BEST MUSBC HHESSP^I tomvs us?
      53 words
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  • WORLD
    • Article, Illustration
      Lock icon Japan plans 1.5t yen jobs package
      518 13 Reuters Move comes as poll shows manufacturer sentiment falling to record low [TOKYO] Japan plans a 1.5 trillion yen (Ss24 billion) jobs package, the labour minister said yesterday, as a new survey showed manufacturer sentiment falling to a record low, suggesting more jobs may
      Reuters; BLOOMBERG  -  518 words
    • Article, Illustration
      Lock icon UniCredit seeks 4b euros in new capital
      503 13 -IHT PARIS UniCredit said on Wednesday that it would seek new government funds, and analysts at JPMorgan Chase predicted that Deutsche Bank would need billions more euros of capital, providing the latest signs that European financial institutions were continuing to struggle in the
      -IHT |; AFP  -  503 words
    • Article
      Lock icon Antitrust body taking Telstra to court
      278 13 Bloomberg It says denying rivals access to network is uncompetitive [MELBOURNE] Australia's antitrust regulator will seek penalties and injunctions against Telstra Corp, accusing the nation's largest phone company of uncompetitive practices in denying rivals access to its network. Telstra has unfairly restricted access by
      – Bloomberg  -  278 words
    • Article
      Lock icon Madagascar scraps Daewoo land deal
      268 13 Reuters [ANTANANARIVO] A deal for South Korea's Daewoo Logistics to lease over one million hectares of Madagascar to grow food crops is off, the island's new leader said on Wednesday. Andry Rajoelina appointed after president Marc Ravalomanana was driven from office on Tuesday had been
      – Reuters  -  268 words
    • Article
      Lock icon Oracle Q3 beats forecasts, pays first quarterly dividend
      353 13 Reuters [BOSTON] Business software maker Oracle Corp said it would pay its first ever quarterly dividend, as it reported stronger-than-expected results because of market share gains and cost cuts. The news sent Oracle's shares up 7 per cent in after-hours trade on
      Reuters  -  353 words
    • Article
      Lock icon Some execs to return bonuses amid outrage
      891 14 Reuters, LAT-WP AIG SAGA Liddy asks staff receiving over US$lOO,OOO in bonuses to repay at least half [WASHINGTON] Some employees at American International Group's financial products group will return their retention bonuses amid outrage over the US$l65 million in payouts to a unit
      Reuters, LAT-WP  -  891 words
    • Article
      Lock icon Light dims on a sun of the Internet age
      660 14 Reuters With talk of an IBM deal, a Silicon Valley icon is facing change [SANTA CLARA, California] Its name was once synonymous with the Internet. It championed networking at a time most people thought e-mail was revolutionary. It used to be
      – Reuters  -  660 words
    • Article
      Lock icon Bush's book to focus on 12 decisions
      166 14 [NEW YORK] As widely expected, former US president George W Bush, like many past occupants of the Oval Office, is writing a book. But rather than writing a more traditional presidential memoir, Mr Bush plans to write about 12 difficult personal and political
      166 words
    • Article
      Lock icon US$25b pulled from hedge funds in February
      408 14 [TOKYO] Investors pulled out a total of US$25 billion from hedge funds last month, the seventh consecutive month of redemptions, an industry report shows. Total hedge-fund assets stood at US$l.36 trillion at the end of February, down about US$6OO billion from their peak
      408 words
    • Article, Illustration
      Lock icon Natasha Richardson, actress of elegance, pedigree
      648 14 Bloomberg OBITUARY [NEW YORK] Natasha Richardson, an actress of stage and screen who won a Tony Award in 1998 for her role in the Broadway musical Cabaret, died from injuries sustained in a ski accident. She was 45. Richardson suffered a head injury on
      – Bloomberg; PHOTOS: AP, REUTERS  -  648 words
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      121 13 CZ <2 r c 1 GIVE IN TO TEMPTATION WITH I '-ifj -r* *4 SUNDAY brunch ZENDEN v_* j_^tL_B_l .____k .^~s t- mm*J\ Have your way with Zenden's exotic Enjoy special advertisement rates H gr^, X" brunch buffet spread. in this dedicated culinary environment .Jiili H /fl JB V- Call
      121 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Forecast of US$1.1b loss for Asian airlines too upbeat: lata
      561 15  -  YEN SREENIVASAN By Regulators urged to change mindset on aviation ownership and access rules [SINGAPORE] The global aviation industry's numbers are bad, and the Asian numbers are a nightmare, International Air Transport Association (lata) boss Giovanni Bisignani said yesterday. "In
      AFP  -  561 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2614 15 AIRLINE CODES: ran Airlines (AAL), AF: Air France (AFR), Al: Air Ir Finnair Oy (FIN), AT. Alitalia Airlines (AZA), BA: British 1 Airways Public Ltc 3G: Biman Bangladesh Airlines (BBC), Bl: Royal 8.„.._ „dn Bhd (RBA), BO: Bouraq Airlines (BOU), BR: EVA Airways Corpn (EVA), CA:
      2,614 words
    • Article
      Lock icon Maersk aims to cut costs by additional US$1b
      279 15 Reuters [COPENHAGEN] Danish shipping and oil group AP Moller-Maersk plans to cut costs by US$l billion this year in addition to cuts it has already announced, its chief executive said on Wednesday. "The world has changed, and we have to adjust to
      Reuters  -  279 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        103 15 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises unch 0.16 0 74 0.32 0.57 0.40
        103 words
      • Article
        Lock icon KLSE
        35 15 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.52 8.25 8.40 2.99 2.78 0.01 unch -0.02 -0.15 0.05 -0.03 0.05 unch unch 24' 111 34! 67: i 1(
        35 words
      • Article
        Lock icon BANGKOK
        12 15 ■oo 'recious Ship Regional Cont 10.10 5.50 -0.10 -0.20 3991 IT:
        12 words
      • Article
        Lock icon HONGKONG
        11 15 '000 Doil iingamas Cont 18.18 0.40 0.42 unch 122! 1981
        11 words
      • Article
        Lock icon PHILIPPINES
        22 15 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.40 10.50 unch unch 0.10 0.25 unch unch 51 3877 0 0
        22 words
      • Article
        Lock icon TAIPEI
        24 15 lar Evergreen Marine :irst Steamship /Van Hai Lines t'ang Ming Marine ....14.30 ....38.15 ....14.65 ....10.15 0.30 -1.15 -0.15 0.21 1 1 3 31
        24 words
      • Article
        Lock icon TOKYO
        41 15 '000 (awasaki Hvy Ind 186.00 -7.00 ***** (awasaki Kisen 304.00 -13.00 6371 Mitsubishi Hvy 304.00 2.00 ***** Mitsui Eng&Sbldg 161.00 -2.00 5261 Mitsui Osk Lines 487.00 -16.00 ***** Mippon Express 302.00 -2.00 3057 MipponYusen 379.00 -13.00 ***** source: Thomson Reuters
        41 words
    • Article
      Lock icon LNG tanker rates fall on increase in vessels
      328 15 Bloomberg [SINGAPORE] Charter rates for liquefied natural gas tankers on short-term hauls declined 17 per cent last year because of an increase in new vessels, Poten Partners said. Rates to rent LNG tankers fell to about U5546,600 a day for steam turbine
      Bloomberg  -  328 words
    • Article
      Lock icon Norway shipping body stresses ties with S'pore
      432 15  -  VINCENT WEE This as Norwegian shipping firms face potential back taxes By [SINGAPORE] THE close maritime ties between Singapore and Norway were emphasised yesterday at the Sustainable Marine Transportation Conference 2009, where industry leaders shared their views on the challenges facing the industry.
      432 words
    • Article
      Lock icon Chinese private airline's missing chief held
      224 15 -AP [SHANGHAI] The president of one of China's struggling private air carriers, East Star Airlines, has been detained by police while allegedly trying to flee the country to evade huge debts, a respected financial magazine and other reports said yesterday. Police caught Lan Shili,
      -AP  -  224 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Not the time to stoke up nationalism
      472 16 JAPANESE Prime Minister Taro Aso raised hackles as well as eyebrows recently when he declared that the Senkaku or Diaoyu islands in the East China Sea which are claimed by Japan, China and Taiwan are Japanese possessions. It had more than a hint
      472 words
    • Article, Illustration
      Lock icon Lessons for the West from Asian capitalism
      965 16  -  KISHORE MAHBUBANI On balance, the strengths of Asian capitalism are greater than the weaknesses By ASIAN elites have always looked at the world differently from Western elites. And after this crisis is over, the gap in perspectives will widen. Asians will naturally view
      REUTERS  -  965 words
    • Article, Illustration
      Lock icon The pilloring of Charles Freeman and America's loss
      754 16  -  LEON HADAR THE BOTTOM LINE WASHINGTON has been riveted for a few weeks by one of those inside-the-beltway political spectacles that usually doesn't get much attention in the world press: Charles ("Chas") Freeman, a former US ambassador to Saudi Arabia and former
      754 words
    • Article, Illustration
      Lock icon Warning sounded but no one heeded
      1538 17  -  VIKRAM KHANNA One fundamental lesson from the current financial crisis is to stop shutting out dissenting, contrarian voices AT A recent seminar for visiting journalists from Asia on the timely topic of "covering the economic crisis," three distinguished practitioners from different parts of the
      AFP  -  1,538 words
    • Article, Illustration
      Lock icon Smarter way to turn the economy around
      871 17  -  NEERAJ SHAABI By WE are in a very challenging period of history a time that is testing us all. Yet the challenges we face also provide us with an opportunity we shouldn't waste a chance to transform the way we work to be
      i AFP  -  871 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8418 18 Transaction date: Mar 19 !-wks Tel Low Code Last Sale Vol COOP) lay L Low Bu] .ast Quote yer Seller Div C'vr Net P/E ICap $mil Hii Com| >am Hii 9 3 3148 8Telecom 11 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 18 6 1938 AEI Corp
      8,418 words
    • Article
      Lock icon SGX CATALIST
      1570 19 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 4 0.5 1501 s Advanced System 14 2 3480 t Adventus 29.5 10.5 3518 s Afor 19 2 1524 s Alantac 20 3.5 7814 s
      1,570 words
    • Article
      Lock icon SGX ETF
      357 19 52-Wk Tel h Low Code Last Sale Vol C000) Day Ih Low Last Quote Buyer Seller Div GrYld C'vr Net P/E MCap $mil Hii Comi Hii 110 100 6389 ABF SG Bond ETF 108 unch 982 427 CIMBAsean40 100USS US454 +16 167 149 DBS STI ETF 100 160
      357 words
    • Article
      Lock icon CLOB INTERNATIONAL
      259 19 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      259 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9316 19 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.434/ AIGIF Spore Bond Fund/A 1.188/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.67/ APS Alpha Fund (USD)!** 0.44/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5085/ APS Komaba Global
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      362 20 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 18 World Index Preliminan 589.4 -0.3 -13.0 -0.4 -10.4 -0.1 -15.4 EAFE Preliminai 564.8 -0.1 -13.0 0.2 -13.0 0.5 -17.9 Euro[ Preliminan 778.7 -0.4 -14.6 -0.1 -14.1 0.3 -19.0 Pacific 485.5
      362 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      127 20 As at 9am Mar 19 of foreign currency: Currencies Bid Offer Aust dollar 1.0140 1.0460 Can dollar 1.2080 1.2220 Euro 2.0270 2.0510 NZ dollar 0.8150 0.8340 iterlini 2.1430 2.1680 US dollar 1.5080 1.5250 Local dollars to 100 units of foreign currency: Currencies Bid Offer Chi renminbi
      127 words
    • Article
      Lock icon INTERBANK RATES
      169 20 Mar 19 Bid Overnight 1-month 2-months 3-months Overnight mode: 3/4 ys$ 1/4 7/16 9/16 11/16 Offer 1/8 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 0.43 0.65 1.20 1.50 2.00 2.30 2.40 Offer 0.33 0.55 1 00
      169 words
    • Article
      Lock icon STOCK INDEX FUTURES
      23 20 Mar 19 ten STI SIMSCI Mar 189.8 192.8 191.2 Taiwan Mar 190.9 192.2 188.8 Source: MF Global (S) He. Ltd
      23 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 20 Mar 19 I Bid Offer 1-month 1.5277 1.5185 2-months 1.5169 1.5184 3-months 1.5168 1.5183 6-months 1.5164 1.5181 Source: OCBC
      22 words
    • Article
      Lock icon PALM OIL
      61 20 Mar 19 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low Apr 09 2042 2015 May 09 1999 1972 JunO9 1925 1911 Jul 09 1889 1882 Total o/p: ***** contracts 2042 2003 429 3926 2010 1955 4424 ***** 1945 1893 ***** ***** 1895
      61 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      296 20 Mar 19 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO9 SepO9 DecO9 Mar10 98.8400 98.8150 98.6450 98.5750 9802 5490 4297 1988 EUROYEN TIBOR FUTURES JunO9 99.425 99.425 SepO9 DecO9 99.465 99.465 Mar10 99.445 99.445 Jun10 Sep10 Dec10 Mar11 99.425 99.465 99.445 99.425 99.465 99.470 99.455 99.395
      296 words
    • Article
      Lock icon SICOM FUTURES
      187 20 Mar 19 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) Apr 09 142.5 May 09 JunO9 Jul 09 143.0 Aug 09 Sep 09 141.1 142.0 142.4 143.5 143.5 143.0 142.5 142.0 226 120 821 816 837 1029 686 544
      187 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 20 Mar 19 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****S 18.06.09 1-Year BY*****V 02.11.09 0.36 0.46 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hio Day's cjh Low 2-Year N*****0E 3.125 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X
      88 words
    • Article
      Lock icon CHICAGO BOT
      101 20 Mar 18 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 09 915.00 913.00 920.75 909.00 Jul 09 911.75 910.50 917.25 906.00 AugO9 896.00 896.00 902.00 893.25 Sep 09 868.00 872.50 874.75 866.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 30.92 31.31 31.33 30.84 Jul
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 20 CRUDE OIL PRODUCTS Mar 18 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 46.90 -0.40 WTI (Near Mth) 49.40 0.51 Dubai (1-Mth F) 46.02 1.09 Tapis blend 50.65 1.15 Minas 49.35 1.15 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 45.65 53.05 0.38 3.35 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      461 20 Mar 19 AS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS Australia 0.843 4.631 0.503 5.258 34.367 80.712 0.648 9.475 2.480 1.248 54.565 32.759 1.029 6.564 0.773 22.988 24.132 0.475 0.678 Canada 1.186 5.492 0.596 6.234 40.751
      461 words
    • Article
      Lock icon SIBOR
      76 20 Mar 19 6 mths 1.***** 9mths 1.***** 12 mths 2.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 2.***** syrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 2.***** 15 yrs 2.***** Source: Thomson Reuters 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 1.*****
      76 words
    • Article
      Lock icon PRECIOUS METALS
      142 20 Mar 19 (US! f/oz) Mar 19 Mar 18 Hong Kong London 927.00 907.10 928.00 908.10 Mar 18 Mar 17 890.70 917.20 892.20 918.70 Source: Thomson Reuters CAST BAR (S$) Mar 19 Buying Sellim Kilobar "48,823.03" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm
      142 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      153 20 Ma. 19 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0286 1.0302 0.6780 0.6785 Canadian dollar 1.2200 1.2212 0.8042 0.8043 Euro 2.0463 2.0482 1.3488 1.3490 NZ dollar 0.8238 0.8260 0.5430 0.5440 Sterlini 2.1654 2.1678 1.4273 1.4271 US dollar 1.5171 1.5183 S$/US$
      153 words
    • Article
      Lock icon LONDON METALS
      71 20 Mar 181 I. i\i\ in/ iiuiii, yy.i (US$/tonne) Close Previous Cash 1342.75 1337.00 3 months 1379.00 1373.00 Copper, Grade A (US$/tonne) Cash 3 months 3720.75 3756.00 3769.00 3800.00 Lead (US$/tonne) Cash 1282.25 3 months 1290.00 1341.50 1349.00 Nickel (US$/tonne) Cash 3 months 9791.00 *****.00 9875.00 *****.00 Tin (US$/tonne)
      71 words
    • Article
      Lock icon Iliffe
      71 20 Mar 18 COCOA (Btonne) Close Prev Hii ih/Low May 09 1901 1856 1909/1856 Jul 09 1855 1808 1864/1810 SepO9 1835 1782 1845/1794 Dec 09 1805 1754 1810/1764 COFFEE (US$/tonne) Close Pev High/Low Mar 09 1522 1509 1516/1509 May 09 1537 1522 1548/1520 SUGAR (US tonne) White Close Prev High/Low
      71 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2322 20 BONDS, WARRANTS EXTENDED SETTLEMENT lei Code Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left '058 Advance Modules Grp W*****3 6 susp >036AdvanceSCTLtdW*****9 0.5 1 17 156 1.50 1 87 2088 8.00 41 17 5092 Asia Environment W*****4 0.5 1 38 235 23.00 5
      2,322 words
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      Lock icon Page 21 Advertisements Column 1
      2930 21 m The Business Times Shipping times ___FV HPI ffCT^BITTHffltl Jff^t-Wt-BBffil T WAN HAI INTERNATIONAL PTE LTD UEN: *****46.5 M M f^T^f W Ksti£ SMWlifl^'f^M'nfl^'M \"Tvi\ IAIA M UAI I llirr TEL:*****588 (KLINES) FAX:*****163 "^^^^J |T7*-_^^^^l MV^MRMiG \P* I WAN HAI INt--l PKL TEL: {03) *****388 FAX: (03) *****288 PEN TEL:
      2,930 words
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  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      1300 22 mW^'dmm%>Vmm\ mW*M 151 IRISL, ASIA/MED EXPRESS SERVICE (AMX) ssiaiem w ®m§ mm mrnrnno n% ®£m mm mmsmm m ®£m ma ©§sg®£_ as ®kfls7§ DAManvm 2® ©£1573 SINGAPORE REGIONAL OFFICE:|AGENT IN SINGAPORE: IAGENT IN MALAYSIA: IAGENT IN INDONESIA: ASIA MARINE NETWORK PTE LTD SINOSE MARITIME PTE LTD BOUSTEAD SHIPPING AGENCIES SDN
      1,300 words
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      Lock icon Page 22 Advertisements Column 2
      1244 22 \JT\ EASTERN CAR LINER, LTD lx_-i_3___l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS ■mmmUjj^l VOY I Ramp(KT) I Liltinq(KT) I SIN I PKL I KUC I LCB I JKT I SUR I ORIENT IRIS 104 35 80 20/03 22/03 26/03 POSITIVE PIONEER 35 100 28/03 29/03 SHENG SHI 4__
      1,244 words
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      Lock icon Page 22 Advertisements Column 3
      793 22 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING CONTAINERS TO ALL NORTHERN AND WESTERN INDIAN ICD POINTS VESSEL I VOY SIN I PKL (IN PORT! I [MB (J(T2! I NSA (NSiaj~ NORDWELLE VNWOIB 17 MAR 18 MAR 23 MAR 26 MAR SIIVIJAY 030W 24 MAR 25 MAR 30 MAR 02 APR SCI
      793 words
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  • executive lifestyle
    • The business of good health
      • Article, Illustration
        Lock icon Propagating the benefits of modern hydrotherapy
        647 23  -  CHEAH UI-HOON Unique Hydrotherapy CHRONIC back pain led him to seek out several solutions, but it wasn't until he came across modern hydrotherapy that former educator Tan Meng Kwang found his cure. It eventually became a cause that he so believed in that he
        JOHN HENG I  -  647 words
      • Article, Illustration
        Lock icon Zeroing in on skin care for busy execs
        593 23  -  MELISSA LWEE Sabrina Tan Skin Inc IF there is any brand where the products speak for themselves, Skin Inc founder Sabrina Tan believes that hers would be it. The self-confessed "skincare junkie" credits her products' effectiveness for her recent franchise deals in
        JOHN HENG  -  593 words
      • Article, Illustration
        Lock icon Tapping western science and eastern roots
        482 23  -  CHEAH UI-HOON Trio 33 MICHAEL TAN and M Manoharan, two friends who founded Trio 33, can vouch for their health equipment. "One time, we were flying across two to three time zones in five days from Singapore to Los Angeles, to Florida, Washington DC,
        482 words
    • MOSAIC FESTIVAL
      • Article, Illustration
        Lock icon Portraits of Mike Stern in action
        722 24  -  ONG BOON KIAT CHRISTOPHER LIM By and GLORY demands hard work, and jazz guitarist Mike Stern has been working industriously to justify his title as the Mosaic Music Festival's artist in residence, taking the stage three times in very different performances. Last Friday night
        722 words
      • Article
        Lock icon Psychedelic-indie band goes the distance
        415 24  -  MELISSA LWEE By I IT'S hard to imagine the members of psychedelic in-die-band Of Montreal jogging in Singapore at 7.30 in the morning when they had sold-out concerts to worry about. But that is exactly what they did for the few days they were in
        415 words
      • Article, Illustration
        Lock icon Father & sons were main highlight
        401 24  - Father sons were main highlight CHEAH UI-HOON By SO here's one reason to go on American Idol. Never mind that you're not good enough to make the cut, you might just be bad enough to open a Brian McKnight show. At his concert this week, the R&B crooner demonstrated his
        401 words
      • Article
        Lock icon Jazz that stretches the imagination
        335 24  -  ONG BOON KIAT By LISTENING to Brad Mehldau's past albums may not quite prepare you for his stiff stage demeanour that seems to run counter to the imaginative and seering style the acclaimed American pianist has come to be associated with. And fans who came
        335 words
      • Article
        Lock icon When rock becomes performance art
        409 24  -  CHRISTOPHER LIM By SOME studio performances sound impossible to replicate in a live setting, which makes it all the more impressive when a band pulls it off. Even knowing beforehand of Battles' disdain for using pre-recorded material didn't blunt the amazement from watching the American
        409 words
      • Article
        Lock icon Music that appeals across cultures
        292 24  -  UMA SHANKARI By IT'S the kind of music best suited to listening to late at night, preferably in the open air under the stars. But Old Man River Sydney-born and based singer-songwriter Ohad Rein still managed to capture the mood with an intimate indoor performance
        292 words
    • PROFILE/MOVIES
      • Article, Illustration
        Lock icon Ethan Hawke in a comic turn
        782 24 The actor, who plays a guitar-strumming pickpocket in The Winter's Tale, enjoys the comedic and musical aspects of his role, reports CLARISSA TAN WHEN you only have 20 minutes with Ethan Hawke on the phone, it doesn't help when mid-way, your mind draws a
        JOAN MARCUS  -  782 words
      • Article, Illustration
        Lock icon Fighter that's more comedy than thriller
        523 24  -  AMANDA DE GUZMAN By WHILE the American reception of Street Fighter: the Legend of Chun Li was notoriously negative it took in a paltry US$4.B2 million in its opening weekend, with most critics believing that the movie got what it deserved the latest cinematic
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      • Article, Illustration
        Lock icon A gimmicky and derivative piece of fluff
        425 24  -  AMANDA DE GUZMAN By ON the surface, Paul Blart: Mall Cop has all the hallmarks of the type of comedy that has been polluting our cinemas of late. The silly name bears a resemblance to the likes oiNorbit and You Don't Mess with
        425 words
      • Article, Illustration
        Lock icon Thai kungfu flick for fans of B-movies
        367 24  -  CHRISTOPHER LIM DVD REVIEW By THERE are some movies so bad that only the patient or the addicted can sit through them. Hanuman: The White Monkey Warrior has the dubious honour of being near the top of that list. The Thai kungfu flick
        367 words
    • ARTS/WINE
      • Article, Illustration
        Lock icon Visions of beauty
        673 25 CLARISSA TAN takes in the works of two artists one Canadian, the other Iranian JOHANNE Corno's women stare at us proudly, almost insolently. They gaze straight ahead, sideways, askance, with head thrown back or from under hooded eyelids. These women are, in the parlance of the fashion
        673 words
      • Article, Illustration
        Lock icon Excellent production, pity about the singing
        586 25  -  CHEWXIANG By ENJOY this while it lasts because you won't see anything else like it for a while. The intelligent and, in parts, ably sung performance of Offenbach's Les Contes d'Hoffmann by the Singapore Lyric Opera will be the last opera here for months.
        586 words
      • Article
        Lock icon Picking the right bottle to go with iconic Singapore dishes
        1122 25  -  N KYONG By I WAS looking for a wine to go with an informal, casual and very Singaporean dinner fried egg-noodles, vegetables and satay (Chinese-type). Just one bottle of a one wine-fits-all kind of wine. The difficulty I knew would
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    • PURSUITS/ARTS
      • Article, Illustration
        Lock icon Role-playing game goes into uncharted space
        517 26 Star Ocean 4 brings science fiction to Japanese gaming, says CHRISTOPHER LIM SCIENCE fiction and space exploration are mainstays of Japanese animation and comic books, but have been curiously unexplored in recent Japanese role-playing games (RPGs). Perhaps this has something to do with the
        517 words
      • Article, Illustration
        Lock icon Visually striking and complicated
        378 26  -  AMANDA DE GUZMAN By CAKE, by Australian theatre group Ladykillers, is an occasionally baffling, almost claustrophobic exercise that explores womanhood while Sigmund Freud and Jacques Lacan look on in approval. As the third instalment in the National Museum's Staged Lives theatre series, it is hard to
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      • Article
        Lock icon An intimate, interactive intercultural exploration
        310 26  -  AMANDA DE GUZMAN By KICKING off the sequence of events entitled New Zealand: From our Land to Yours and marking the end of the National Museum's excellent theatre series, Staged Lives, is Strange Resting Places. Presented by Taki Rua Productions the only national professional Maori
        310 words
      • Article, Illustration
        Lock icon Animax's first movie 'LaMB' to air this month
        659 26  -  CHRISTOPHER LIM By AFTER just 10 months of production, Animax's first original animated movie, titled LaMB, will be aired in two parts on March 24 and 31, as well as in its entirety on April 7. There won't be a cinematic run,
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    • FASHION/VIEWS
      • Article, Illustration
        Lock icon Rare glimpse of Lacroix's opera, ballet costumes
        803 27 The exhibition, at National Museum, is shown out of France for the first time, reports CHEAH UI-HOON FASHION designers have often designed clothes for the runway that are so theatrical that you wonder if they were designing for real people or for some
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      • Article
        Lock icon All prickly over pricey prawns
        472 27  -  jaime cc IDENTIFY this scenario: An exorbitant amount of money is paid to several employees because it is a sum contractually owed to them, even if many people feel they do not deserve it. This is followed by a very public protest and a flustered
        472 words
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      644 23 M^JTi il SA Tours Inhouse Fair SSSSI'* D 3D Bangkok Free Easy frsl 99* i^ E^/J j ?i£!K_£ fffl^i^ Dis^ pto|^n imum 3D Tokyo Free&Eas y^_#frss9^ £l People's Park Complex #04 -62 <a JjU $2,300 Travel Period: 15 Mar- 30 Jun 09. Terms* Conditions: Full payment must be made c■■•
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  • Page 23 Miscellaneous
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      198 24 bOS 6 vjUIGtLOnnTOrT Noise Cancelling 8 Headset Trade-Up Promotion J -Ul Bring in any headset* to our ATLAS® Experience showroom, and enjoy $150 off QuietComfort® 3 4 k QuietComfort® 2 r _^\-—O^ Noise Cancelling® headphones km |k m, Noise Cancelling® headphones f/p^ Nil the retail price on Bose® QC™ 3or
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      204 25 %A M I fc^ m Professional Portfolio Management r^Wl m Valuations, Exit Strategies, y If Storage Solutions The Highest Qualify Investment Grade Wines The Best Prices in Asia TODAY'S NUMBER IS 4 KEY TO WINE INVESTMENT SUCESS #4 BUY AT THE RIGHT TIME 4 INCREDIBLE BARGAINS FROM 2004 A great
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      199 26 SOTHEBY'S LAUNCHES WINE AUCTIONS I IN HONG KONG The Classic Cellar from a Great American Collector Over 5,000 bottles will be offered Jm J^u with more than 600 in large formats .^fl Ajeroboam of Chateau Beausejour DufFau Lagarosse 1990 HK$l5,OOO-22,000 Jt 6 bottles of MontrachetDßC 2000 HK545,000-70,000 M 12 bottles
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  • Page 26 Miscellaneous
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      356 26 CRYPTIC CROSSWORD 1 By no means on one's uppers 9 Nymph with broken heart B I^^ goes to America (8) 10 List of options for fellows at university (4) 11 Courted lover? (2-10) 13 Man, for example, follows W W* Br^-^^ man in Northern city (8) 15 The Spanish weapons
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      168 27 M H fl E9 __P^l _H_9 E_B *wl wJiTm W/kW/JJ&jAmM wjMrSrm %fjTgj|jf fe iMMiiT 1 ;T- ■'rT"I -lit ELJ] 1 I l^J I Hh^ I W IfV^S _-_fefe____fl raff iMr BJI .*3s_s_& -^iHH __H_b_» IJt-;--Ai?Js^-' 'Js**" BflflS- ■^-''S.k^SbJS '^^^UP^PP jpZ-P __tato__-_. -__H_i_^_B_^_^_H^^U?rnH/sßlhi__n V\jl__H nßD^B3^Hii 55 tea?___3' i^L' 1 WsmBasml2Bm^&LwmL LUS?.
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