The Business Times, 22 April 2009

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

Total Pages: 32
1 32 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sf^l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Wednesday, April 22,2009
    20 words
  • 851 1  -  JAMIE LEE Study shows there are 51 who each sit on the boards of at least 6 listed firms By [SINGAPORE] While most directors here sit on a single company board, there is a small, busy group that has its hands full, with multiple directorships.
    851 words
  • MARKETS DIGEST
    • 30 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.53 HONG KONG 5.00 INDONESIA 17.225 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: I
      Bloomberg  -  30 words
    • 48 1 uesi lay lange 1 COMP 966.60 -1.77 IIKKEI225 8,711.33 -213.42 1ANG SENG 15,285.89 -465.02 ;et index 466.38 +0.10 JAKARTA COMP 1,628.85 -32.99 1ANILA COMP 2,049.40 -37.32 ;eoulcomp 1,336.81 +0.42 iHENZHEN B 377.94 -3.64 IUMBAI IND 10,898.11 -81.39 12 noon EDT Change )OW 7,912.77 +71.04 IASDAQ 1,634.12 +25.91
      48 words
    • 42 1 IS$ (S$ per US$) 1.508 (USS/SS per 1.455 2.194 :URO (US$/S$/E) 1.294 1.950 Foreign currency per US$ S$ 'EN 98.00 65.00 3.645 2.417 IK$ 7.750 5.141 !AHT 35.62 23.63 lUPIAH 10,840 7,190 lENMINBI 6.833 4.532 INDIAN RUPEE 50.27 33.34 1.425 0.945
      42 words
  • 782 1  -  EMILYN YAP More sites are available in the area but govt is in no hurry to release them By [SINGAPORE] Marina Bay has attracted investments of more than $22 billion and while the area still has sites for development, the government has no
    782 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 31 1 EXEC MONEY SPiS^fr INTERNATIONAL tE^tl TRANSPORT HUB Exchange traded i2tr~:Jdfl MARITIME AWARDS j^9U *m Porsche unveils funds find favour HH WSffe^* Singapore in the fast lane l i Panamera in China
      31 words

  • TOP STORIES
    • 479 2  -  WINSTON CHAI M 1 promotes its own chief financial officer Karen Kooi to be its new CEO By [SINGAPORE] Mobile One's exhaustive search for a new leader eventually ended in its own backyard with the operator promoting veteran chief financial officer
      479 words
    • 538 2 Reuters, Bloomberg, AP FT report says FDIC talked about Pandit replacement if bank asks for more aid [NEW YORK] Citigroup Inc chief executive Vikram Pandit said he expects the No 3 US bank to rebound from its current woes and pledged that
      Reuters, Bloomberg, AP  -  538 words
    • 481 2  -  VINCENT WEE Still, govt aims to groom Spore as an int'l maritime centre By [SINGAPORE] As the achievements of members of the maritime community were recognised at the fifth Singapore International Maritime Awards last night, guest-of-honour Transport Minister Raymond Lim also recognised the tough
      481 words
    • THREE-MINUTE DIGEST
      • 66 2 MARINA Bay has attracted investments of more than $22 billion and while the area still has sites for development, the government has no plans to sell them at the moment. Some investors are looking at specific sites and have approached the government but
        66 words
      • 79 2 WHILE most directors here sit on a single company board, there is a small, busy group that has its hands full, with multiple directorships. Some 84 per cent of directors in listed companies here hold just one seat, according to a study of 3,816 directors
        79 words
      • 72 2 MOBILEONE'S exhaustive search for a new leader eventually ended in its own backyard with the operator promoting veteran chief financial officer Karen Kooi as its new CEO. Ms Kooi, who has been Mi's interim boss since the departure of former chief executive Neil
        72 words
      • 54 2 SINGAPORE Exchange has removed Omega Capital Limited from its list of accredited issue managers. The Exchange explained yesterday that this removal followed the notification from Omega that it has not renewed its Capital Markets Services licence issued by the Monetary Authority of Singapore.
        54 words
      • 64 2 THE extremely low valuations of S-chips or Chinese listings here have left investors grappling with the question of whether it is time to plough their money back into these stocks. While the debate over whether the actual strength of the Chinese economy continues, earnings
        64 words
      • 76 2 KEPPEL Land's listed trust K-Reit Asia says distribution per unit fell to 2.38 cents in the first quarter of this year, down 48 per cent from 4.6 cents a year earlier, on an enlarged share base after a rights issue. The fall in DPU
        76 words
      • 66 2 THREE more companies, Texchem-Pack Holdings (S) Ltd, Valuetronics Holdings and China Sky Chemical Fibre Co, have joined in the flurry of profit warnings as the reporting season gets underway. The three firms will bring the total number of profit warnings issued since the start of
        66 words
      • 65 2 SPENDING on worker training is set to be cut this year, along with pay packets and recruitment, as bosses pay lip service to stepping up training during the recession. But employers generally have turned to the government's jobs credit scheme to support their bottom
        65 words
    • 459 3  -  AUDREY PHOON Spore restaurant placed among the world's top 50 in S Pellegrino list By [SINGAPORE] Gordon Ramsay may preside over Hell's Kitchen but his restaurants were not spared from being crucified at the S Pellegrino World's 50 Best Restaurant Awards in London's Freemason Hall last
      m FILE PHOTO  -  459 words
    • 424 3 Reuters [ZURICH] ÜBS AG is considering selling all or part of its hedge funds unit in a management buyout, a newspaper said yesterday, in what would be a new step by Switzerland's largest bank to raise cash. Citing unnamed financial sources, the Neve
      Reuters  -  424 words
    • 482 3  -  LYNETTE KHOO It did not renew its Capital Markets Services licence issued by MAS By [SINGAPORE] Singapore Exchange (SGX) has removed Omega Capital Limited from its list of accredited issue managers. The Exchange explained yesterday that this removal followed the notification from Omega
      482 words
  • Page 2 Advertisements
    • 532 2 Goods and Services Tax (GST) Seminar Essentials of GST and Updates Date Did you know the Singapore Government now collects more tax revenue Thursday, 21 May 2009 from the GST than individual income tax? With the GST rate currently at 7 percent, the rising importance of the GST Time means
      532 words
    • 99 2 /T^i **J|J ■B> V-jCWSarJh 1 Bvl H B -Til 11 I-J Jil TIvI H »T J f.l I f 'TB^^BP"4n^' I Freehold title No restriction on foreign ijrtjn) JBHiS Prime Southbank location investors HH -1 7%+NETT rental! Capital growth potential iPßEijSlsiiE Bjjlfn Fully managed Long leases ~££^S3L WjSEwESIESM BS| 11M
      99 words

  • Page 3 Advertisements
    • 268 3 6 month New Zealand dollar Term Deposit —p For deposits between NZD 50,000 and NZD 99,999 jßjfc IBhPa Don't miss out on the thrill of securing a great rate at Bank of New Zealand. With terms from 1 month to 12 months, you can find an option to suit. And
      268 words

  • COMPANY NEWS
    • 608 4  -  LYNETTE KHOO Analysts say S-chips painted with broad brush over credibility issues Reports by THE extremely low valuations of S-chips or Chinese listings here have left investors grappling with the question of whether it is time to plough their money
      608 words
    • 375 4 BEAUTY China says it has received a non-binding conditional offer from investors holding a combined 27.45 per cent stake in the group to sub-underwrite a proposed rights issue to raise $32.07 million in gross proceeds. The consortium of investors includes Dunross Group, Zesiger Capital
      375 words
    • 746 4  -  YEN SREENIVASAN I N A move which placed it at the I heart of the only growth market I in global aviation, SIA EngineerI ing (SIAEC) last week inked anI other deal with a resurgent Bah-rain-based Gulf Air. The contract, worth US$35
      746 words
    • 386 4  -  UMA SHANKARI By KEPPEL Land's listed trust K-Reit Asia says distribution per unit (DPU) fell to 2.38 cents in the first quarter of this year, down 48 per cent from 4.6 cents a year earlier, on an enlarged share base after
      386 words
    • 410 5  -  JOYCE HOOI This takes total number of warnings issued since the start of April to 15 By THREE more companies, Texchem-Pack Holdings (S) Ltd, Value tronics Holdings and China Sky Chemical Fibre Co, have joined in the flurry of profit warnings as the reporting season
      410 words
    • 227 5  -  OH BOON PING By A DAY after announcing a new investment in India, Raffles Education said it will pump in five million yuan (Ssl.l million) into a new school in China. Yesterday, the education group said it has forged a partnership
      227 words
    • COMPANY BRIEFS
      • 73 5 FIBRECHEM Technologies has been granted a three-month extension up to July 31 by SGX to hold its FYOB annual general meeting (AGM), subject to conditions imposed by the exchange and approval from the Accounting and Corporate Regulatory Authority of Singapore. The reason
        73 words
      • 74 5 CHINA Precision Technology said its wholly owned subsidiary, Ningbo Sunrise Electronics Co, has entered into a conditional business transfer agreement with MAHK Co Ltd on April 17 to acquire some of its businesses and assets for $13.68 million. This will enhance its precision moulding
        74 words
    • 490 5 Firm doing well with stable cash flows from lease portfolio FIRST Ship Lease Trust (FSL Trust) will distribute US$l2.3 million or a distribution per unit (DPU) of 2.45 US cents to its unitholders for the first quarter ended March
      490 words
    • 288 8 Bloomberg PCCW Ltd chairman Richard Li and his co-bidder seeking to buy out minority shareholders at Hong Kong's biggest phone company must explain the motivation behind the plan, the judges at a hearing on the deal said. "When you take away people's property rights,
      – Bloomberg  -  288 words
    • 158 8 Q1 results ended March 2009 NET PROFIT TURNOVER CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG (Sni) 1 CapitaMall Trust 68.56 65.42 4.8 134.53 121.06 2 SPC 55.60 98.48 -43.5 1,443.28 2,713.87 11.1 -46.8 3 MobileOne 41.90 38.00 10.3 186.40 203.90 -8.6 4 FSL Trust 18.74 19.69 -4.8 37.73
      158 words
    • 609 8  -  KALPANA RASHIWALA Company's judicial manager is offering it on sale and leaseback deal By A TWO-STOREY Tuas factory building owned by Jurong Technologies Industrial Corp has been put up for auction by the company's judicial manager Deloitte Touche. The property, at 18
      609 words
    • 246 8  -  NISHA RAMCHANDANI By RESORTS World at Sentosa (RWS) is expecting strong demand for its hotels from potential corporate clients, based on the positive response to sneak peaks of its designer hotel rooms. "We fully anticipate over-de-mand," RWS vice-president of rooms, Andrew Hickey, told BT.
      246 words
    • 317 8  -  ZHANG Yl TING By INDIAN edible oil company X S Oils said yesterday it will drive global expansion through X S Natural Resources (KSNR), its fully owned subsidiary in Singapore. X S Oils aims to generate annual revenue of US$l billion by 2014
      317 words
  • Page 4 Advertisements
    • 557 4 WATS KHXIHEI WMIW"jM l¥* fB IrV VpflffP flnHVfl I Lianhe Zaobao WHHIB EFfe^Jflfl^NJttflJ S$M CHINA JISH AN HOLDINGS LIMITED lT\V\ii-^^B!Piff^flß (Incorporated in Singapore with limited liability) B^^J^M I L '~^LA (Company Registration No. *****0591E) I V^^^^k^B^^^ bBE PlPiy |PfVm%Pffiffl^VwSyl NOTICE OF EXTRAORDINARY GENERAL MEETING WrV^^^^^J*"*^^ BlßJJiWiHffiffEjMlttilßl^ |||pP* i^^ NOTICE IS
      557 words

  • Page 5 Advertisements
    • 353 5 lltl MARINA BAY FINANCIAL CENTRE ASIA'S BEST BUSINESS ADDRESS™ I *»v I \s-Mv -^™^?:l j-iJBSHB'IB-L'-i-j*.--^ ]■'i ri ■~:.i*y_ii: n mE <j @ta f I' "P" ~-^'^fr 'a_^_ -1 -ff_ 7- ...in t^*" T"' .l T fc-"^ «-^■."^fJOMBBW^ggBBB^LX. *'w I p *ffl/J.-' v^--'-^^: v'ifr'.*^.* :TsSrr^^^ "'^LrtiSSS^eSeSaES^vC-'iaCT*' %M 4 rf^» Jn^ »"C"
      353 words

  • SINGAPORE MARKETS
    • 955 6  -  LARRY WEE CURRENCIES Wall Street has started to lose steam, A$ and NZ$ the biggest losers once more THE bad news machine has started to make its presence felt again over the past week, hurting Wall Street but benefiting the US dollar
      955 words
    • 88 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 6 8 2 0 0 0 6 8 2 lanufacturing 39 80 43 16 42 96 52 Commerce 31 23 36 28 'pt/Stor/Comms 22 24 :inance 20 20 Construction 10 'roperties 28 28 lotels/Rsts jervices 11
      88 words
    • 114 6 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 25,118 25,118 86,622 86,622 Manufacturing 611,882 35,215 647,097 218,478 969 219,447 Commerce 113,465 13,449 126,914 72,699 1,771 74,470 Tpt/Stor/Comms 139,376 1,652 141,028 221,639 70 221,709 Finance 47,341 47,341 321,208 321,208 Construction 83,582 8,079 91,661 7,128 81 7,209 Properties 92,881
      114 words
    • 101 6 lapitaLand 2.790 -0.050 lapitaMall 1.280 +0.020 jtyDev 5.970 -0.040 lomfortDelGrc 1.360 +0.030 losco Corp 1.080 -0.020 IBSGrp 9.220 +0.050 :&N 2.650 +0.070 ientlntl 0.615 +0.005 iolden Agri 0.360 -0.005 IK Land 2.370 IMH 24.000 +4.160 ISH 10.500 -0.500 lardineC&C 13.800 +0.040 leppel Corp 5.840 -0.090 IOL
      101 words
    • Article, Illustration
      491 6  -  LYNETTE KHOO Singapore Petroleum Co April 21 close: $3.28 DMG PARTNERS SECURITIES, April 21 SINGAPORE Petroleum Company (SPC) reported Ql 2009 profit of $55.5 millon (-43.7 per cent y-o-y), exceeding our estimates and the street's of $33.6 million. SPC's better-than-expected refining margins ofUS$4.5O/bbl(vs our forecast of US$3.lO/bbl) was
      Bloomberg  -  491 words
    • 575 6  -  R SIVANITHY STOCKS GENUINE buying or index manipulation? This is the question traders were asking after the Straits Times Index yesterday jumped more than 30 points in the final few seconds, reversing a loss of 21 points at spm to a nett
      : Bloomberg  -  575 words
    • 4 6 DAILY
      4 words
    • 55 6 CLOSE IT OB/OS 542.00-378.0C IT CADI -*****.00-180.0i IT 10-day MA -*****.00 +54.01 TSE ST Mid Cap 384.87 -6.2. TSE ST Small Cap 314.45 -4.0! TSE ST All Share 451.48 +1.1 TSE ST China Top 179.04 -3.1 TSE ST China 175.87 -2.9! IOB Catalist 76.45 -1.6! IMSCI 226.82
      55 words
    • 55 6 VOLUME Chart SemiCond 315,100,000 Golden Aqri 66,484,000 Sunmoon 50,664,000 SingTel 47,444,000 UniFiber 46,141,000 IndoAqri 34,613,000 *StarCruises 32,002,000 China Honqxinq 31,384,000 CapitaLand 27,976,000 Cosco Corp 27,646,000 VALUE(S) SingTel 117,975,000 DBS Grp 104,558,888 UOB 97,847,860 CapitaLand 77,047,851 OCBC Bk 73,975,150 Keppel Corp 63,102,600 Chart SemiCond 54,118,730 SGX 41,337,020 Wilmar
      55 words
    • 103 6 CLOSE UP IMH 2400 626.9 21.0 iBXT S&P Short 10US$ 7604 277.3 2. LD 10US$ 8734 250.2 1. .erebosPac 295 25.0 9. IOIL 109 10.6 6. ICBC Bk BNPePW*****2 20 8.0 66. I A 1080 8.0 0. &N 265 7.0 2. ndoAi iri 86 6.5 8., RBePW*****6 84.5 5.5
      103 words
    • 118 6 :.93%Pref10 CLOSE DOWN 6920 -80.0 -1.1 ICBCCai ISH 1050 -75.4 -4.5 China H 10US 1170 -45.2 -2.5 MS India 10US! 851 -37.7 -2.9 DBS.ES.0904 885 -35.0 -3.8 ICBC Bk5.1%NCPS 100 9330 -32.0 -0.3 t sia Pac Brew 950 -30.0 -3.1 lUE 1020 -28.0 -2.7 ilA.ES.0904 1056 -28.0 -2.6 ICBC
      118 words
    • 83 6 Apr 21 %CHNG CLOSE FRApr20 YR SSLOW R2009 S$ HIGH USS 1.5065 0.11 1.5579 1.4308 Euro 1.9524 0.10 2.0732 1.9150 Pounds 2.1966 -0.09 2.2712 2.0356 1.0582 0.80 1.1100 0.9453 ren* 1.5324 -0.33 1.7278 1.4831 Rupiah* 0.***** 1.09 0.***** 0.***** Baht* 4.2341 0.14 4.3390 4.1040 Peso* 3.1081
      83 words

  • Page 7 Advertisements
    • 180 7 making IT happen Today we celebrate another milestone in NCS' 28-year success story. The integration of NCS and Singapore Computer Systems (SCS) has created one of Asia Pacific's leading infocomm technology (ICT) services providers. wllvdllliy O IIICW Vslltf|Jlt?l Backed by our end-to-end ICT capabilities and a proven track record spanning
      180 words

  • Page 8 Advertisements
    • 933 8 TRUST FIRST SHIP LEASE TRUST (a business trust constituted on 19 March 2007 under the laws of the Republic of Singapore) Managed by FSL Trust Management Pte. Ltd. ("the Trustee-Manager") NOTICE OF BOOKS CLOSURE DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Unitholders of
      933 words
    • 60 8 V J A GENUINE^WINE SALE J entire Bordeaux inventory S^gpM^ve $2,500 and enjoy 35% off 1 W^ From the 15th April to 15th May 2009 Left Bank. Right Bank. 1943 to 2005. Margaux, Mouton Rothschild, d'Yquem, Latour, Palmer and more Ist Growths to Cru Bourgeois Full sale list available on
      60 words

  • Page 9 Advertisements
    • 1135 9 BT ADVERTORIAL Yk Polished: The $60 million Pasir Panjang development will have 76 units, ranging from 50 square metres to 125 square metres, and is due to be launched in July 2009 Marrying form and functionality Global Orion decided to give its projects an additional 'oomph' by offering unique and
      1,135 words

  • SINGAPORE NEWS
    • 509 10  -  CHUANG PECK MING But bosses turn to jobs credit scheme to lift bottom line, save jobs: survey By SPENDING on worker training is set to be cut this year, along with pay packets and recruitment, as bosses pay lip service to stepping up training
      509 words
    • 442 10  -  WINSTON CHAI By THE Intellectual Property Office of Singapore (Ipos) will not make it compulsory just yet for local companies to conduct annual audits to check if they have sufficient licences for the software that they use. "If voluntary software audits work, then
      442 words
    • 334 10  -  TEH SHI NING Emphasis is on preparing workers to be employable By THE economy will take some time to recover, so the retraining and upgrading of workers must continue, Prime Minister Lee Hsien Loong said yesterday. "The problems will be with us for
      334 words
    • 384 10  -  LEE U-WEN By HE may be happily retired for nearly 15 years now, but if Chan Chin Bock was still chairman of the Economic Development Board (EDB), the two industries he would focus on growing in Singapore are biomedical sciences and defence. "Biomedical sciences is very
      | MUGILAN RAJASEGERAN/THE STRAITS TIMES  -  384 words
    • 318 10  -  UMA SHANKARI By THE Urban Redevelopment Authority yesterday released detailed sale conditions for an industrial site at Woodlands. Developers interested in buying the site can now apply to URA for it to be put up for tender. The plot, which is being offered from the reserve
      318 words
    • 232 10 PRUDENTIAL will reduce the terminal bonuses of its participating policies, but it will maintain the annual and income bonuses. The firm said yesterday that the reversionary and income bonuses form part of guaranteed benefits once declared. "This is beneficial to policyholders should the market drop further
      232 words
    • SINGAPORE ROUNDUP
      • 62 10 MOLEAC has been named Singapore Entrepreneurial Company of the Year in the Frost Sullivan Asia Pacific Excellence in Healthcare Awards for the success of its stroke treatment drug NeuroAid. The awards recognise players in various healthcare segments that have displayed best practices. Derived from
        62 words
      • 39 10 THE Singapore Mercantile Exchange (SMX) said yesterday that Thomas J McMahon has been appointed its CEO. The former director of NYMEX Asia was president of the Hong Kong Mercantile Exchange before joining SMX.
        39 words
      • 49 10 THE Institute of Technical Education and Singapore GP, promoter of the Singapore Grand Prix, have signed a memorandum of understanding to jointly train and offer work experience to 1,000 ITE students. Singapore GP will invest $2 million over the next four years.
        49 words
  • Page 10 Advertisements
    • 228 10 CommunicAsia2OO9 The2otli International Communications and Information Technology Exhibition Conference 19 JUNE I 10.30 am 6pm ID.3Dam 4pm Asia's Unparalleled One-stop ICT Platform EVENT HIGHLIGHTS Exhibition See new technologies with 175 product launches Meet leading suppliers from 1,300 exhibiting companies Network with senior level executives, trade professionals associates Key Exhibitors Asia
      228 words
    • 67 10 WHAT BETTER TIME fflBH TO REWARD YOUR SECRETARY THAN NOW? Afofe 0? Qppdtitled at Kuftya todajl r^^^^S^fr SECRETARY SPECIAL V§fcK^^*^ 15th 30th April Green soybean tofu sea urchin Salmon salad with sesame dressing Grilled tofu topped with sweet miso served with bamboo shoots Sakura shrimp clustered tempura J Hamaguri clam
      67 words
    • 304 10 A [GARS IN THE MATTER OF IN THE MATTER OF THECOMPANIESACT.CAP.SO ™E COMPANIES ACT (CAP. 50) AND IN THE MATTER OF KOOKMIN BANK SINGAPORE JEE CHIN LIQUOR PTE LTD (MERCHANT BANK) LTD. (Co. Reg. No. *****0339R) n Members' Voluntary Liquidation) (In Members- Voluntary <Co- ReQ- No- *****1306 D) Liquidation) NOTICE
      304 words

  • ECONOMY WATCH
    • 547 11  -  ANTHONY ROWLEY Bank bailouts transfer financial risks from private to public sector By in Tokyo THE world's leading economies could face a major fiscal crisis as governments increasingly "transfer financial risks from the private to the public sector" by bailing out banks
      547 words
    • 640 11  -  TEH HOOI LING Signs are that the economy bottomed out around last year-end By [SINGAPORE] The economic recovery process of China has become more pronounced, said Tan Kong Yam, chief investment strategist for APS Asset Management, in his latest APS Feature article distributed to clients.
      640 words
    • 337 11 Reuters [SYDNEY] Australia's top central banker yesterday conceded for the first time that the country had sunk into its first recession since 1991, despite a raft of interest rate cuts and government handouts. The blunt statement of fact came after minutes from the
      – Reuters; 311 REUTERS  -  337 words
    • 399 11 Reuters [WASHINGTON] US President Barack Obama on Monday proposed a US$lOO billion US loan to the International Monetary Fund (IMF) to boost its war chest and urged a bigger stake in the IMF for emerging powers such as China and
      Reuters  -  399 words
    • 503 11  -  ANTHONY ROWLEY Fed's liberal money printing may make it insolvent By in Tokyo THE US dollar is strong for now on the back of the massive repatriation of money into US markets but it could face a "collapse" later as a result of
      503 words
  • Page 11 Advertisements
    • 264 11 B PHOENIX Make an affordable call r/yj Australia r^fcv^^. >^* china Vfi\ \r Germany I I Hong Kong F" ff I iv) itaiy K^l HWT\\ JLy 1 Japan *J N\£) I \\S Malaysia N^O^Nylk fl*^ New Zealand X. 1 f/\ s^J Taiwan 1 y^ UK L^at I v USA \k
      264 words

  • MALAYSIA/INDONESIA
    • 545 12  -  PAULINE NG Columbia Asia also plans to setup 14 more hospitals in India By in Kuala Lumpur REGIONAL healthcare provider Columbia Asia plans to invest RM365 million (Sslsl million) in six new mid-sized community hospitals in Malaysia, including one in Nusajaya in
      545 words
    • 368 12 Reuters [JAKARTA] A US$l.5 billion refinery joint venture between Indonesia's Pertamina and Japan's Mitsui Co may stall because Jakarta wants the state oil firm to lift its stake, a source familiar with the project said on Monday. Pertamina said previous- ly a preliminary agreement
      – Reuters; REUTERS  -  368 words
    • 345 12  -  S JAYASANKARAN They cite declining inflation prompted by lower fuel prices By in Kuala Lumpur ON April 29, Malaysia's central bank will meet to consider monetary policy, whether rates should stay put or be cut further. Some analysts are betting that the
      345 words
    • 124 12 Reuters [KUALA LUMPUR] Malaysia's national car maker Proton Holdings said yesterday that it is not planning to sell its distribution unit to car dealer Edaran Otomobil Nasional (EON). "Proton would like to clarify that it has no plans to divest its distribution arm,
      .- Reuters  -  124 words
  • Page 12 Advertisements
    • 86 12 Straits times. www.straitstimes.com THE BUSINESS TIMES www.businesstimes.com www.zaobao.com asiaone www.asiaone.com one fstomp I |^^L V V V-^l www.stomp.com.sg w o STRAITS TIMES. Over £\J websites and growing Top-ranked in respective fields pa^|-|U y y like News, Business, IT, Food Health 10 million unique www.razor.tv visitors 150 million pageviews Diverse target
      86 words

  • GREATER CHINA/INDIA
    • 509 13 Reuters Govt economist says growth could take years to recover fully [BEIJING] China's flood of new loans is not reaching enough private firms, which will increase risks for economic growth next year as the stimulus package nears an end, a senior government economist said
      – Reuters  -  509 words
    • Article, Illustration
      50 13 XINHUA [JINAN, China] A visitor admiring tomatoes cultivated in nutrient solution at a high-tech vegetable fair in east China's Shandong province. Over 2,000 varieties of vegetables, fruits and flowers were exhibited during the annual fair which opened on Monday in Shouguang, a city famous for its vegetables.
      XINHUA  -  50 words
    • 135 13 Reuters [MUMBAI] Tata Consultancy Services Ltd posted a 4.6 per cent rise in quarterly profit, lagging expectations, and sees tough times ahead as its overseas clients demand price cuts in a tough economic environment. India's biggest software services exporter has factored in a "lower
      Reuters  -  135 words
    • 449 13 Reuters RBI lowers key short-term rates by 25 basis points [MUMBAI] India's central bank cut its key short-term rates by 25 basis points each yesterday to shore up faltering growth as the global economic crisis hits Asia's third-largest economy harder than expected.
      Reuters  -  449 words
    • 379 13 Reuters [WASHINGTON] Long-term Chinese economic growth prospects depend on recovery of private investment, the focus of public spending and the details of infrastructure projects, the World Bank's China director said on Monday. Beijing-based economist David Dollar said that China's reaction to
      – Reuters  -  379 words
  • Page 13 Advertisements
    • 1898 13 V<^L ffi-vT^T/nr r< To"free: 180°-289-8822 V IVIII l-f V Email: notices@sph.com.sg JL^I V»>/ JL I V._^ 1 www.cats.com.sg IN THE MATTER I OF THE COMPANIES ACT. CAP 50 US^SS JADDV'O Uf\ I HI HI O I Til I)M ;:s=^ m lIIR9 HARRY S HOLD INGS LTD. (Company No *****4468N) PS'
      1,898 words

  • ASIA-PACIFIC/WORLD
    • 534 14 Bloomberg Firm says purchase will yield USsl.sb in operating profit in first year [NEW YORK] Oracle Corp, the software maker that has digested more than U5534.5 billion in acquisitions since 2005, needs to cut thousands of jobs to achieve the profit projected
      Bloomberg; AFP  -  534 words
    • 507 14 Bloomberg Morgan Stanley and AIG among firms in its sight [WASHINGTON] Companies including American International Group (AIG) and Morgan Stanley squandered more than US$5 billion on executive pay since 2005 and must recoup the payments or face lawsuits, a pension fund said. The
      Bloomberg  -  507 words
    • 557 14 Reuters, AFP [BANGKOK] Thai Prime Minister Abhisit Vejjajiva said yesterday his government was consulting Asian leaders on a new date for a regional summit cancelled twice due to political unrest in Thailand. Mr Abhisit, who suffered a huge embarrassment when anti-govern-ment protesters invaded the venue
      – Reuters, AFP; REUTERS  -  557 words
    • WORLD WATCH
      • 40 14 -AFP [LONDON] HSBC yesterday said that it has held talks regarding a possible reduction in its near 49 per cent stake in British Arab Commercial Bank of which it is the largest shareholder.
        -AFP  -  40 words
      • 85 14 Reuters [RIYADH] Saudi Basic Industries Corp (Sabic), one of the world's top chemical firms, swung to a worse-than-expected first-quarter loss and said that it may cut output or shut plants as the global crisis hits chemical prices. Sabic's loss of 974 million riyals
        Reuters  -  85 words
      • 54 14 Bloomberg [DUBAI] Dubai plans to raise another US$lO billion this year through bond sales to offset a global shortage of credit. Dubai has already spent about half the US$lO billion raised from the sale of five-year bonds in February to the United
        – Bloomberg  -  54 words
  • Page 14 Advertisements
    • 140 14 LUAUKK Hi EKVMIMIPI MM MM MM MEM MM MffMMIMM MHMIMMIM Ml m^^^M^^ 111 Mil H (,»^C>^ #7#) 4 I Citibank Cardmembers Exclusive: I dines free with ever/ 3 paying adults 1 Wxgfl r* -4. Exclusive card partner I citibank' J nni rmrni^riH K [jl^ljjjl^l (Leve 5 .peninsula Tower) >^P^^^^(Level4) r-
      140 words

  • WORLD
    • 563 15 Bloomberg Q1 revenue slides 11% but profit tops forecasts as tech giant cuts costs [NEW YORK] International Business Machines missed first-quarter revenue estimates after demand for services and computer hardware shrank and currency changes ate into sales. Revenue dropped 11 per cent to US$2l.7
      Bloomberg  -  563 words
    • 62 15 AFP [BARCELONA] Spanish tennis player Rafael Nadal at the presentation of the book, 'Play, Set and Game', on Monday. The book, inspired by Nadal's life, is written by Jordi Sierra i Fabra. On Sunday, the world's Number 1 became the first player to win five straight
      AFP  -  62 words
    • 374 15 Reuters [NEW YORK] If Merrill Lynch can crank out earnings at the same pace as the first quarter, the investment bank could more than pay for itself within two years. The only problem is, it's not likely to repeat this quarter. Merrill, which
      – Reuters  -  374 words
    • 257 15 NYT [NEW YORK] The New York Times won five Pulitzer Prizes in journalism on Monday, the second-most in its history, for work on subjects as varied as America's wars in Asia, the sudden downfall of a political titan, art from ancient to modern and
      NYT  -  257 words
    • 286 15 Bloomberg They need to set aside USs2lsb more in reserves [NEW YORK] Banks are likely to realise about US$4OO billion more in losses on soured assets, requiring further injections of government capital, JPMorgan Chase Co said. Banks will need to set aside about US$2l5
      – Bloomberg  -  286 words
    • 189 15 Bloomberg [NEW YORK] Chrysler Financial, the finance affiliate of Chrysler LLC, was turned down for additional US loans from the Troubled Asset Relief Program (TARP) because of pay limitations on senior executives, a government report said. The finance company failed to get its top 25
      Bloomberg  -  189 words
  • Page 15 Advertisements
    • 1160 15 V#^L k ATV^VT'T^T-' r< Toll free: 1800-289-8822 W IVIII Iff U( V Email: notices@sph.com.sg X^l Vfc>/ M. I V ■< I i www.cats.com.sg NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN that a SPECIAL GENERAL MEETING of the Company will be held at Level 2, Grande Building, 8 Commonwealth
      1,160 words

  • TransportHUB
    • 387 16  -  VINCENT WEE SEA ASIA 2009 CONFERENCE AND EXHIBITION 60% larger than inaugural show; more than 8,000 visitors expected Reports by [SINGAPORE] The Sea Asia 2009 conference and exhibition has managed to overcome the recession to capture the imagination of the global shipping community with
      387 words
    • 671 16 [SINGAPORE] Dinner table conversation revolved around the shipping business while SS Teo was growing up, so it was inevitable that the managing director of Pacific International Lines (PIL), chairman of the Singapore Maritime Foundation (SMF) and president of the Singapore Shipping Association (SSA) would
      671 words
    • 455 16 Bloomberg, Reuters [LONDON] Shipowners probably cancelled orders for 260 vessels carrying commodities and containers as the global recession choked demand and a credit crunch reduced funding, a consultant said. Shipyards received new orders for 255 million gross tonnage in capacity in the past
      Bloomberg, Reuters  -  455 words
    • 972 16  -  DAVID HUGHES STRAIT TALK By DURING this Singapore Maritime Week a wide range of issues is being discussed, both in presentations and debates at the various events taking place and, no doubt, in the networking that is going on across the city as large
      972 words
    • TRANSPORT HUB: AVIATION
      • 589 17  -  YEN SREENIVASAN Airlines face fall in passengers and cargoes, shipping industry sees glut By [SINGAPORE] The creditworthiness of the region's transport companies is under pressure amid sharp falls in business and pricing power, says ratings agency Standard Poor's. The problems are particularly acute for
        589 words
      • 474 17  -  YEN SREENIVASAN By [SINGAPORE] Caught in the jaws of the global credit crunch, the commercial aviation industry faces a US$lO billion finance shortfall as the market braces for the delivery of about 1,000 planes in the next couple of years. Many banks facing problems
        474 words
      • 194 17 Bernama [KUALA LUMPUR] Air Asia X will increase the frequency of its Stanst-ed-Kuala Lumpur (XL) flights to a daily service from July 1, less than four months after its maiden flight in March. Its CEO, Azran Osman-Rani, said the increase was due
        – Bernama  -  194 words
      • 2622 17 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bourag Airlines (BOU), BR:
        2,622 words
      • 296 17 Bloomberg [NEW YORK] Boeing Co may signal that production slowdowns will spread to the 737, the world's bestselling airliner, when it reports profit today. Boeing announced plans two weeks ago to cut monthly output of the widebody 777 by 29 per cent starting in
        – Bloomberg; _J BLOOMBERG  -  296 words
      • 330 17 Bloomberg [NEW YORK] Boeing Co and Airbus SAS will have to increase direct financing to customers this year because funding options have dried up more than expected, said Jose Abramovici, Calyon Securities' global head of aviation. Calyon, one of the biggest aircraft financiers,
        Bloomberg  -  330 words
    • TRANSPORT HUB: LAND
      • 360 18  -  SAMUEL EE Launch is a sign of nation's growing importance to the global car market By [SINGAPORE] Porsche introduced the Panamera, its first four-door sedan model, to the world in Shanghai on Monday in a sign of China's growing importance to the slumping global car
        AP  -  360 words
      • 398 18  -  SAMUEL EE :MTA It overtakes Toyota Corolla Altis with 2,059 units registered in Q1 '09 Reports by [SINGAPORE] The Hyundai Avante has unseated the Toyota Corolla Altis as Singapore's top model after the first three months of 2009. Equally impressive is the fact
        :MTA  -  398 words
      • 497 18 [SINGAPORE] A stronger yen and to some extent a weaker won have helped Hyundai to overtake the Japanese competition and zoom up the local sales chart to the No 2 position. After the first three months of 2009, the Korean marque is the second
        497 words
  • Page 16 Advertisements
    • 200 16 Organised by: Jk mm j» Principal sponsors- CEOs, shipping executives and professionals from over 50 countries gather under one roof at I tLIoJ^'S H^ SEA ASIA 2009! DnBNOR TO* PS/A Kegfefer JHUR/WaHI Showcase of Asian and international brands as well as new technologies and products in an expanded i*.«to«iPi«^Qrfi exhibition
      200 words

  • Page 17 Miscellaneous
    • 263 17 CRYPTIC CROSSWORD ACROSS tp.\ r r i B^ r r V r 25 Man put in money for bet slowly (7) 26 English girl, not a 'bird' (5) 6 He's a tyrant? Within there 24 Someone who endures? Son 27 What 1 5 isn't in a narrow es- lurks a
      263 words

  • Page 18 Advertisements
    • 22 18 (tfl^^ A Iff (3 mLi\±_ I 1 mmmmam *m s \M') J BSjl^^—^' /i MMW _________________hT^-^_ __________________^H________to _________________l_r L' RNf__WlllliffllM _________P^iir»^i^^^_____B SUMS
      22 words

  • INT'L MARITIME AWARDS '09
    • 1431 19 MPA's longer-term initiatives help attract new businesses and expand existing ones, reports viimceimt wee IT IS a challenging time to be holding a maritime industry event in the midst of the ongoing global economic slowdown and its attendant effects on world trade in
      1,431 words
    • 598 20 Bengal Tiger Line and Buss Capital are among those that see benefits in MPA schemes, reports victor katheyas IT took several years of persuasion but in the end the Maritime and Port Authority of Singapore (MPA) managed to convince container feeder services provider Bengal Tiger Line
      FILE PHOTO  -  598 words
    • 591 21 Pro-business policies and talent development have enhanced Singapore's allure as a maritime centre, reports victor katheyas SINGAPORE'S maritime sector has grown significantly over the years through the Maritime and Port Authority of Singapore's (MPA) pro-busi-ness approach, said Choo Chiau Beng, chief executive officer of
      _J FILE PHOTO  -  591 words
    • 614 21  -  ZEINAB YUSUF By TOPPING up petrol in your car's tank is a straightforward task, but extrapolate that to ships, and that's an entirely different matter. Unlike road vehicles, ships cannot pull up at a petrol station to top up their massive tanks. Instead, they rely on
      FILE PHOTO  -  614 words
    • 538 22 Firm offers support packages and service solutions to help handle hot and cold vessel layups ABB, a leading global power and automation company, is at the forefront of innovation for the marine industry. First known as Brown Boveri in 1924, ABB revolutionised sea travel by
      _J BLOOMBERG  -  538 words
    • 579 23 Tertiary maritime education in Singapore keeps pace with the city's ambitions, reports jessica yeo WITH a range of shipping-related training available locally, the maritime industry is well-fuelled with new talent to support Singapore's status as a maritime hub. Institutions providing such education include Nanyang
      ■ FILE PHOTO  -  579 words
    • 564 23  -  JESSICA YEO By WITH an increased emphasis on research development, Singapore as an international maritime centre is constantly improving in the field of offshore marine (O&M) engineering. PPL Shipyard and the Institute of High Performance Computing-A*Star (IHPC) collaborated around two years ago, which enabled PPL
      564 words
  • Page 19 Advertisements
    • 158 19 Honouring Exemplary Accomplishments The Singapore Maritime Foundation (SMF) and its Board of Directors congratulate all winners of the Singapore International Maritime Awards 2009. The Singapore International Maritime Awards 2009 epitomises excellence in maritime achievements. We're a step closer to our vision in making Singapore a leading International Maritime Centre. Thank
      158 words

  • Page 20 Advertisements
    • 40 20 \Wk austral asia line thebefferchoice for more information enquiries@australasialine.com Builder of distinction Ljffm/Awl^ii^ vSi'/*^ .J I^iBBBBBBBBBBfeh^ i i Offshore Marine Keppel Offshore Marine Ltd 50 Gul Road Singapore *****1 Tel: (65) 6863 7200 Email: marketing@keppelfels.com www.keppelom.com Co Reg No. *****0642R
      40 words

  • Page 21 Advertisements
    • 43 21 4H H I Cg*g«Bj^gMjl^PW^S^»P^ PROVIDING OFFSHORE SUPPORT VESSELS AND INTEGRATED MAPJNE SOLUTIONS FOR rIM OIL AND GAS, MINING AND ENGINEERING ■jjflp J.'ifei^PliJ|jji CONTRACTORS THROUGHOUT THE WORLD. PACIFIC RADIANCE GROUP OF COMPANIES Tel: 65 6278 0239 Fax :65 6278 2759 Email: marketing@pacificradiance.com Website www.pacificradiance.com
      43 words

  • Page 22 Advertisements
    • 51 22 GL BAL IE f=t o V XRAD I M G Global Energy Trading I is proud to be awarded I the Bunker Award by Maritime and Port Authority of Singapore. 438 Alexandra Road, #18-00 Alexandra Point, Singapore *****8. Tel: (65) 6559 1600 Fax: (65) 6278 1733 Email: enquiries@globalenergy.com.sg website: www.globalenergy.com.sg
      51 words

  • Page 23 Advertisements
    • 176 23 b-PQSH World Leader in FPSO Towage and more... vl^S V fiH^Bii''PlHß WJin*l PACC Offshore Services Holdings Pte Ltd (POSH), a subsidiary POSH's offshore engineering solutions are complemented by of Pacific Carriers Limited, is a fully integrated offshore oil our modern and versatile fleet. The fleet of more than 100 and
      176 words

  • EDITORIAL & OPINION
    • 506 24 WHAT a difference a crisis can make to an institution. Just two years ago, the International Monetary Fund (IMF) was adrift, with its client base dwindling, its raison d'etre in question and its management under pressure to cut costs. Earlier this month, the Group of 20
      506 words
    • 982 24  -  NEIL BEHRMANN With little fundamental basis, commodities are being hyped up again as investments IT IS happening again. Following an extraordinary boom and slump, commodities are being hyped as investments again. Sales people are trying to persuade unwitting investors to purchase these "real assets" to
      BLOOMBERG  -  982 words
    • 779 24  -  YOGI AGGARWAL THE BOTTOM LINE IT is to the credit of the new board of directors installed by the government at Satyam that within 100 days they were able to get reputed companies to bid for the fraud hit software provider. Sadly, the Indian
      779 words
    • 1153 25  -  CARL GRIFFITH Innovating for the future during lean times gives a company the edge when the economy recovers By IN DIFFICULT economic times, design and innovation budgets may seem like easy costs to cut. For many businesses, spending even more on research and development
      REUTERS  -  1,153 words
    • 877 25  -  AMITY SHLAES Bloomberg By HOW much does consumer confidence matter? A lot, you would think, if you listened to Washington or watched the news each week. The takeaway is that the consumer is an infant tyrant who must be jollied by politicians. With Washington's
      – Bloomberg; REUTERS  -  877 words
    • 304 25 LETTER TO THE EDITOR AS a founder member of the Association of Women for Action and Research (Aware), its first president and long time volunteer on the Helpline, I would like to share with you what Aware means to me. Aware gave me the
      304 words


  • SINGAPORE STOCKS
    • 8532 26 Transaction date: Apr 21 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E Smil 8.5 3 3148 8Telecom 11 2.5 5834 A-Sonic 30.5 12 5000 ABRHIdgs 17.5 5.5 1938 AEI Corp 9.5 1 1100 AEM 23 7 2101 APOil 80.5 26.5 5550 ARA 8.5
      8,532 words
    • 1656 27 High Low Code Company Sale C000) High Low Buyer Seller C'vr P/E $mil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 4 05 1501 s Advanced System 14 2 3480 t Adventus 28.5 8.5 3518 s Afor 17.9 2 1524 t Alantac 19.5 3.5 7814 s
      1,656 words
    • 340 27 52-Wk Tel h Low Code Last Sale Vol COOO) .u^Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil _Hm Conn _Hm 108 100 6389 ABFSG Bond ETF 108 982 427 CIMBAsean40 100US$ US546cd 195 149 DBS STI ETF 100 189 2288 1682 DBXT FTChina25 10US$
      340 words
    • 251 27 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
      251 words
    • 9224 27 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.62/ AIGIF S'pore Bond Fund/A 1.213/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.81/ APS Alpha Fund (USD)!** 0.54/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5072/ APS Komaba Global
      9,224 words
  • Page 26 Advertisements
    • 23 26 ■\.<^L, :°4l i^ila^., WHERE EXTREMES MEET '^^L: o^7^^-y!^- ~'-*wSBSjC ■>, ROYAL OAK OFFSHORE COLLECTION "^jtr/W For enquiries, Tel: (65) 6238 6678 www.audemarspiguet.com <?6y^f'-^ss^v 'J^^^^^'^^^^KS.^
      23 words


  • FINANCE & COMMODITIES
    • 369 28 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change ir 20 World Index Preliminary 644.1 -2.7 -5.0 -2.6 -2.8 -3.1 -7.2 EAFE Preliminai 621.6 -2.1 -4.2 -2.3 -4.7 -2.8 -9.0 Euroi Prelim inan 849.5
      369 words
    • 131 28 As at 9am Apr 21 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.0480 1.0800 .an dollar 1.2110 1.2260 Euro 1.9410 1.9640 NZ dollar 0.8290 0.8470 iterlini ind 2.1800 2.2060 US dollar 1.5040 1.5200 Local dollars to 100 units of foreign
      131 words
    • 173 28 Apr 21 Offer Bid Overnight 1/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.06 US$ Offer 1/32 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.38 0.60 1.00 1.30 1.80 2.10 2.30 Offer 0.28 0.50 0.80
      173 words
    • 24 28 Apr 21 en Hii Sett JL IMSCI 219.9 224.3 224.1 aiwan Ar. 209.5 217.2 216.2 Source: MF Global (S) Pte. Ltd
      24 words
    • 21 28 Apr 21 Bid Offer -month 1.5070 1.5083 .months 1.5068 1.5082 {-months 1.5065 1.5080 i-months 1.5061 1.5078 Source: OCBC
      21 words
    • 59 28 Apr 21 lelivery ■onth Opening Range Sett Av Price Price Hi< Vol Open Done Position Low Vlay 09 2551 lun 09 2465 lul 09 2390 Aug 09 2339 Total o/p: ***** contracts 2593 2608 2547 2510 2513 2457 2435 2442 2377 2373 2385 2323 Turnover: ***** Market tone:
      59 words
    • 305 28 Apr 21 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun09 Sep09 Dec09 MarlO 98.9000 98.8600 98.6650 98.5500 5805 2450 1956 2238 EUROYEN TIBOR FUTURES Jun09 99.450 99.455 Sep09 99.495 99.495 Dec09 Mar10 Jun10 99.405 99.405 Sep10 DedO Mar11 99.450 99.490 99.405 99.455 99.490 99.480 99.455 99.405
      305 words
    • 193 28 Apr 21 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High j Low Close Sett Volume (lots) O/l (lots) May 09 157.9 Jun 09 Jul 09 Aug 09 Sep 09 157.0 Oct 09 157.0 156.5 157.0 157.0 157.9 158.0 158.0 158.0 157.0 157.0 66 20 20 618
      193 words
    • 464 28 Apr 21 CS Rmb Euro HKS Ind Rs Rut Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USJ ustralia 0.869 4.794 0.542 5.438 35.268 76.059 0.688 9.467 2.557 1.258 56.546 34.009 1.058 6.380 0.820 23.753 24.993 0.482 0.702 Canada 1.151 5.518 0.624
      464 words
    • 89 28 Apr 21 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hii Day's h Low 3-Month BQ*****N 23.07.09 1-Year BY*****V 02.11.09 0.25 0.37 0.20 0.20 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0E 3.125 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NY*****A
      89 words
    • 100 28 Apr2o\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 09 1018.50 1051.00 1064.00 1017.00 Jul 09 1011.50 1041.50 1051.25 1009.50 AugO9 983.00 1013.00 1013.75 981.00 SepO9 941.00 971.00 972.75 936.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 35.45 36.77 37.04 35.44 Jul 09
      100 words
    • 76 28 CRUDE OIL PRODUCTS Apr 20 origin] t/barrel Close Cham irent blend (1-Mth F) 50.20 -3.11 VTI (Near Mth) 45.78 -4.41 Jubai (1 -Mth F) 50.37 -0.6. "apis blend 53.70 -0.4I i/linas 53.00 -0.8I >RODUCT JSS/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene 48.17 59.70 0.22 -1.35 US$/barrel )pec Oil Basket
      76 words
    • 76 28 Apr 21 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 1.***** 0.***** 6 mths 1.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) ...0.***** ....0.***** ....1.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid
      76 words
    • 130 28 Apr 21 -long Kong .ondon 869.00 886.80 870.00 887.80 Apr 17 Apr 20 867.60 883.25 868.60 884.75 Source: Thomson Reuters CAST BAR (S$) Apr 21 Buying Sellim Kilobar "46,473.31" ***** PAMP GOLD BARS (S$) Selling Buying gm jam ugm !0gm JOgm Ougm oz ozUBS Kinebar™ 103.79 295.32 527.21
      130 words
    • 158 28 Apr 21 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0570 1.0587 0.7014 0.7019 Canadian dollar 1.2169 1.2184 0.8075 0.8078 Euro 1.9493 1.9514 1.2935 1.2938 NZ dollar 0.8399 0.8413 0.5573 0.5578 Sterlinc nd_ 2.1928 2.1950 1.4551 1.455;
      158 words
    • 64 28 Apr 20 Co iri iiuiii, yy.i (US$/tonne) Close Previous :ash 1402.75 months 1440.00 1449.51 1486.01 Copper, Grade A (US$/tonne) :ash months 4585.00 4590.00 4816.51 4805.01 .ead (US$/tonne) :ash months 1468.00 1455.00 1569.01 1555.01 lickel (US$/tonne) :ash months *****.00 *****.01 *****.00 *****.01 'in (US$/tonne) :ash *****.00 *****.01 months *****.00
      64 words
    • 77 28 Apr 20 OCOA (Btonne) Close Prev Hk h/Low May 09 1760 unch 1775/1742 Jul 09 1713 1721 1732/1702 Sep 09 1704 1710 1721/1695 Dec 09 1700 1704 1715/1691 COFFEE (US$/tonne) Close Pev High/Low May 09 1502 1493 1510/1487 Jul 09 1482 1480 1490/1473 Sep 09 1487 1483 1496/1479 SUGAR
      77 words
    • 2313 28 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode 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 1844 9.00 40 16 )092 Asia Environment W*****4 0.5 1 38 185 27.00 4
      2,313 words

  • Page 29 Advertisements
    • 3173 29 m The Business Times Shipping Times WAN HAI INTERNATIONAL PTE LTD UEN:*****4.95M f^-B £^V^| W -_-L%-E JHMCOE'BfrjwfjLf VTr/l lAf II A I I IMFC TEL:*****588 (14 LINES) FAX:*****163 1 11 1 I JiTE^TIH BffmSßffrWffßilfflllPß V, \PI 1 l/lf/lN HAI INt--) PKL TEL: (03) *****»88 FAX: (03) *****288 PEN TEL: {04)
      3,173 words

  • Page 30 Advertisements
    • 2842 30 r^VHQIBEII^SSIHI In E EASTERN CAR LINER, LTD IH@±j lj J r/^. I |Jf_™__i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS WEEKLY EXPRESS SAILING SCHEDULE I PCL/PHL SERVICE AMX SERVICE Connecting ECL Svc via MALTA I CORAL HERO 93 ""p '"p ~\9/Qi 21/04 ~*****~ ALSO ACCEPTING COHTAIHERS TO ALL HORTHERH
      2,842 words

  • EXECUTIVE MONEY
    • 1662 31 Bloomberg Investors lose out after banks and companies that rely on consumer spending surged, report ALEXIS XYDIAS and LYNN THOMASSON [LONDON/NEW YORK] COMPANIES with the most debt and lowest returns on assets are turning the biggest six-week rally in stocks since 1938 into a bloodbath
      – Bloomberg; BLOOMBERG  -  1,662 words
    • 907 31  -  JOHN DORFMAN All-or-nothing investing rarely pays off; a better course is to rebalance portfolios through a disciplined approach By THERE is one thing my clients occasionally do that makes me want to swallow my tie. I groan when someone lurches between a posture of being
      907 words
    • 1046 32 Barclays data shows net sales of ETFs against net mutual fund redemptions, reports GENEVIEVE CUA BEAR market is typically a time when investors yank money out i of mutual funds. That this ensued last year was not a surprise, but what is making advisers
      Strategic Insight Simfund Global, ETF Research and Implementation Strategy Team, Barclays Global Investors  -  1,046 words
    • 428 32  -  CHEW XIANG By COUNTRIES worldwide could also face rising inflation as massive liquidity injections in global financial systems work their way into prices, according to a research report released last month by ÜBS Wealth Management on the aftermath of the financial crisis. The report
      428 words
    • 1249 32  -  PRADEEPVERMA With West likely to debase currencies to ease debt burden in years ahead, gold and silver are safer bets ON March 18, the Fed used its last weapon quantitative easing (QE), when it announced its plan to buy US$3OO billion in longterm Treasuries
      1,249 words
  • Page 31 Advertisements
    • 49 31 23 26 APRIL 2009 MARINA AT KEPPEL BAY I 9PM (THUR SAT) 12 7PM (SUN) B WWW.BOAT-ASIA.COM J W^^^mmmmmW I VI Produced by In Partnership with Gold Sponsor Lifestyle Sponsors OffttolCar Official Hotel CgfeM&ni Supported by Held In official Media Sin^pOT-p Boating Boating outliving Wffl YACtHTS YACHTS YAfiHES YACHTS
      49 words

  • Page 32 Advertisements
    • 80 32 ™r Vfl MQHTT nH^BfIBI WUl} IG Markets (ACRA No. *****621 X) holds a capital markets services licence for dealing in securities, trading in futures contracts and leveraged foreign exchange. IG Markets is also licensed to trade commodity CFDs by The international Enterprise Singapore. IG Markets does not operate a securities,
      80 words
  • Page 32 Miscellaneous