The Business Times, 4 May 2009

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Microfilm: NL30015
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    23 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sp^l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 197/08/2008 Monday, May 4,2009
    23 words
  • Article, Illustration
    Lock icon Time-out for S'pore big spenders
    891 1  -  SIOW LI SEN Card companies, consumers tell of new spending habits in the current uncertain times [SINGAPORE] Singaporeans are a pretty disciplined lot, going by their credit card spending and payment patterns. While the headlines tell of the plight of the jobless, a silent army
    YEN MENG JIIN  -  891 words
  • Article
    Lock icon $100m job boost for professionals, execs, technicians
    559 1  -  CHEN HUIFEN New schemes will build on the existing Spur package [SINGAPORE] The government yesterday fleshed out the new measures to help a group that is increasingly feeling the pinch in the current downturn the PMETs or professionals, managers, executives and technicians. The
    559 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      55 1 Weekly C 1,920.28 Change +67.43 iT Index 1 COMP 990.74 -1.94 IIKKEI225 8,977.37 +269.38 1ANG SENG 15,520.99 +262.14 SET INDEX 491.69 +17.62 JAKARTA COMP 1,729.58 +138.24 1ANILA COMP 2,103.50 -0.13 ;eoulcomp 1,369.36 +15.26 iHENZHEN B 365.11 +0.45 IUMBAI IND 11,403.25 +74.20 )OW 8,212.41 +136.12 IASDAQ 1,719.20 +24.91 ;&P 500
      55 words
    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.38 MALAYSIA 5.53 HONG KONG 5.00 INDONESIA 16.359 TAIWAN 4.826 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 12.25 Source: Bloomberg
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      46 1 US$ (S$ per US$) 1.474 (US$/S$ per 1.492 2.200 EURO (US$,S$/E) 1.337 Foreign currency per US$ 1.971 S$ YEN 97.70 66.30 RM 3.555 2.411 HK$ 7.750 5.257 BAHT 35.23 23.90 RUPIAH 10,615 7,200 RENMINBI 6.823 4.628 INDIAN RUPEE 49.88 33.83 1.357 0.920 NZ$ 1.740 1.180
      46 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      39 1 MULTIPLE IBi JPB FLU OUTBREAK DINING OUT BERKSHIRE f^r^J DIRECTORSHIPS Pigs in Canada Guest chef HATHAWAY AGW Playing musical chairs Mlc4?-Ibfir^ ec^ atLesAmis Buffett gloomy on -v j PAGES 10-11 PAGES 2,19 PAGE 13 economy PAGE 20 it fL
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  • TOP STORIES
    • Article, Illustration
      Lock icon Pigs infected in Canada, WHO urges vigilance
      816 2 Reuters FLU OUTBREAK No recommendation to cull animals, well-cooked pork and products safe [GENEVA] Flu surveillance should be increased in both humans and animals now that the A(H1N1) virus strain has infected pigs in Canada, a World Health Organization (WHO) official said yesterday.
      ■ Reuters; AP  -  816 words
    • Article
      Lock icon Singapore latest
      152 2 [SINGAPORE] As of yesterday, there were no human cases of Influenza A (H1N1) in Singapore, the government said in its bulletin. The Disease Outbreak Response System Alert status is still at Orange. There were two additional cases for investigations yesterday, the bulletin said. Of the 27 cases investigated
      152 words
    • Article, Illustration
      Lock icon Consensus grows over signs of recovery in 3 Asian giants
      700 2  -  ANTHONY ROWLEY ADB officials and economists see early signs of revival in China, Japan, Korea JAPAN, China and South Korea are showing signs of an economic revival that could help pull much of the rest of Asia out of recession.
      700 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Time-out for Singapore big spenders
        56 2 THE economic downturn is impacting everyone down the line: Even the middle-class, the gainfully-employed and tai-tais here are tightening the reins on their "plastic", and are no longer splurging thoughtlessly. Reflecting this, some banks have reported slower billings, sluggish take-up rates for new credit cards
        56 words
      • Article
        Lock icon $100m job boost for execs, professionals, technicians
        61 2 THE Singapore government yesterday fleshed out the new measures to help a group that is increasingly feeling the pinch in the current downturn the PMETs or professionals, managers, executives and technicians. The government is allocating another $100 million in enhanced measures that are
        61 words
      • Article
        Lock icon China, Korea, Japan seen leading Asia out of recession
        66 2 JAPAN, China and South Korea are showing signs of an economic revival that could help pull much of the rest of Asia out of recession. This was the consensus emerging from Bali over the weekend as government officials, bankers and businessmen
        66 words
      • Article
        Lock icon Stocks brace for results of bank stress test this week
        103 2 WALL Street continued its two-month rally last week despite one of the most miserable quarters for US earnings, the continued swoon in housing and the steady bleeding of jobs. This week, however, rising anxieties over the approach of the government's
        103 words
      • Article
        Lock icon Combined first-quarter profits down 40%
        89 2 THE combined first-quarter profits of companies listed on the Singapore Exchange was down 39.5 per cent year-on-year to $1.15 billion, a reflection of weaker demand amid a slowing global economy. As of 7pm last Thursday, 81 listed firms had released their financial results for Ql
        89 words
      • Article
        Lock icon Clean diesel cars going nowhere
        53 2 CLEAN diesel cars are still non-starters in Singapore, and car companies are finding out the hard way. Volkswagen, which led the charge by introducing the Touareg R5O, Touareg 3.0 TDI and Polo Bluemotion last July, has seen a muted response after almost nine months. SINGAPORE
        53 words
      • Article
        Lock icon London's hedge fund stars lose millions
        72 2 THE bear market and contraction of their businesses have caused the majority of individual hedge fund managers to lose millions of dollars. The Masters of the Universe's main marketing spin was that their funds would perform well during bear markets and thus be a
        72 words
      • Article
        Lock icon Buffett offers gloomy take on economy
        100 2 WARREN Buffett told a record crowd at a sombre annual meeting of his Berkshire Hathaway that first-quarter operating profit fell and the company's book value declined 6 per cent, as the recession hurt many of the company's businesses and investments. Mr Buffett also offered
        100 words
      • Article
        Lock icon Singapore firms ride mobile application store wave
        61 2 MOBILE software developers are still "ringing it in" despite the economic downturn. Propelled by the rising trend of selling digital content like music and software via mobile phones, two local mobile application firms, security software developer ten Cube and digital concierge operator Cell
        61 words
    • Article, Illustration
      Lock icon Is Raffles Hotel on sale or not?
      680 3  -  EMILYN YAP COMMENTARY URA's approval for its expansion leaves many wondering REGARDLESS of what his plans really are for Raffles Hotel, Saudi billionaire Prince Alwaleed bin Talal seems to have made a smart move by getting the authorities' approval to expand it. The
      680 words
    • Article, Illustration
      Lock icon Stocks brace for resu Its of bank stress test this week
      962 3  -  ANDREW MARKS WALL STREET INSIGHT But Warren Buffett's bullish view of banks may calm market worries WALL Street has been sounding the death knell for a rally that, despite everything, has lifted the major US stock indexes by some
      BLOOMBERG  -  962 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      117 2 Freehold title No restriction on foreign Prime Southbank location investors 7%+NETT rental! Capital growth potential Fully managed Long leases Rent guarantee Tax benefits Cash flow positive Stamp Duty savings View on www.citylifeproperties.com DOuU 9090 Developed by MAB Corp. lvl#Vß I Hotel Istana KjtIIEIjJTfITTHTEHEETM Kuala Lumpur In-eoaeh service Include:- i' •Lightrefreshment
      117 words
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      Lock icon Page 2 Advertisements Column 2
      36 2 LQ-T FIND THE ONES J~Lft t; 5 THAT F|T! S^-f f^ Recruit the right people through CATS Recruit, I -j—) C**| Call 1800 289 8822 or email ""j f -J recruit@sph.com.sg to advertise. P* -\ar J^a
      36 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Qian Hu worth second look
      874 4  -  TEH SHI NING ORNAMENTAL fish exporter Qian Hu recently posted a 10.5 per cent increase in first quarter net profit to $1.4 million, announced a new joint venture in India, and bagged four Singapore corporate awards. Could it be time for investors to take a
      FILE PHOTO  -  874 words
    • Article
      Lock icon PRIME LENDING RATES
      396 4 A P r3o BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA
      396 words
    • Article, Illustration
      Lock icon Combined Q1 profits down 40%
      642 7  -  CHEN HUIFEN 81 firms posted Q1 results, of which 68 saw profits, but only 26 saw increases By THE combined first-quar-ter profits of companies listed on the Singapore Exchange was down 39.5 per cent year-on-year to $1.15 billion, a reflection of weaker demand amid a
      FILE PHOTO  -  642 words
    • Article
      Lock icon At a glance
      754 7 Q1 results ended March 2009 NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS <S$ m CHNG p$m) CHNG 1 KeppelCorp 285.29 261.72 9.0 2,977.97 2,211.37 34.7 2 JardineC&C 134.06 194.86 -31.2 3,214.34 4,180.30 -23.1 3 Yangzijiang Ship 107.29 82.42 30.2 464.02 376.08 23.4 4 CapitaMall Trust 68.56 65.42
      754 words
    • Article
      Lock icon Quotation of taxable book-entry Singapore Government Bonds (April 30,2009)
      257 7 MATURITY YEAR RAISED DATE COUPON RATE p.a.) AMOUNT ($m) INTEREST PAYMENT DATES OF DAYS OF ACCRUED INTEREST PRICES* (EXCLUDING ACCRUED INTEREST) I REDEMPTION YIELD p.a.) ISIN CODE H.10.2009 N*****0Z 2004 2 3/8 3900.00 1/4 1/10 29 100.86 0.33 SG********** H.04.2010 N*****0F
      257 words
    • Article
      Lock icon COMPANY MEETINGS
      329 7 BRCAsia E 350Jalan Boon Lay, Jurong Industrial Estate, Singapore *****0 05-May 3.00pm Sky One Hldgs E Grand Copthorne Waterfront Hotel Singapore, Swallow Room, Level 3, 392 Have lock Road, Singapore *****3 06-May 3.00pm TTL Hldgs E 1 Orchid Club Road, Orchid Country Club, Sapphire 2, Orchid Lodge Level
      329 words
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      Lock icon Page 4 Advertisements Column 1
      13 4 Jh w' rMKa m■ 19 Mll I ■fl ii lisfl pi Iff rTTiTT^^^^^^TTT^
      13 words
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      Lock icon Page 4 Advertisements Column 2
      93 4 LTlXfind the ones hn tXpJ THAT FIT! C rv»> Recruit the right people jj) I _J through CATS Recruit. -4 t^H Call 1800 289 8822 or email >1 -T^J I v. J V^^\recruit@)sph.com.sg j I J to advertise. P"-^ 1^ Raffles Conversations 2008 EDITION 52 interviews by Business Times journalists
      93 words
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      475 5 BT ADVERTORIAL 71 Robinson Road Ideal for today's most advanced businesses ■H^flHT^Hß^ Singapore's most advanced new office building, 71 Robinson Road, reached the "topping out" stage on 29 April, j lii/ leading the way for a new generation of tenant-friendly, environmentally smarter office buildings in the Republic. Joining 71 Robinson
      475 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon 'Green shoots' theme looks overplayed
      694 6  -  R SIVANITHY STOCKS STOCK markets have gained considerable ground since early March, largely because of the first "green shoots" perceived by US officialdom that suggest the worst of the economic crisis may be over. This has resulted in an increasing number of analysts and investment
      694 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1942 6 Legends US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (ad) Capital; (ag) Dividend/Distribition; (ah) Final; (ai) to be announced; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (am) First and Final Tax Exempt; (an) First and Final Tax
      1,942 words
    • Article
      Lock icon Asian currencies mainly up against US$
      158 6 -AFP CURRENCIES [HONG KONG] Asian currencies ended the week mainly up against the US dollar, but the Japanese yen fell on a raft of gloomy data highlighting the difficulties faced by the world's second largest economy. Japanese yen: The yen slipped against the dollar
      -AFP  -  158 words
    • Article
      Lock icon Prices mixed amid signs of US recovery
      126 6 AFP COMMODITIES [LONDON] Commodity prices traded mixed this week as the market reacted to signs of a tentative recovery in the recession-battered US economy, while the world also faced the threat of a swine flu pandemic. Oil: Oil prices steadied over the week
      AFP  -  126 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1550 6 Source: Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name Mlgreen Prop Ltd 2.75 2.92 12 4.99 10.42 0.53 0.56 ,RA Asset Mi )t Ltd 2.00 2.00 2 6.25 6.96 0.64 0.46 ,rmstroni Ind
      1,550 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 6 Apr 30 VALUE CLOSE BT OB/OS -276.00+183.0 BT CADI -*****.00 +147.0 BT 10-day MA -*****.00 -27.00 FTSE ST Mid Cap 384.80 +5.73 FTSE ST Small Cap 311.22 +1.79 FTSE ST All Share 457.72 +14.86 FTSE ST China Top 176.69 +4.25 FTSE ST China 173.04 +4.46 UOB Catalist
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      63 6 VOLUME Chart SemiCond 431,679,000 Golden Ac iri 418,297,000 China Horn ixini 255,169,000 AusGroui 223,585,000 Gent Intl 172,244,000 .and 171,919,000 Sino-Env 138,834,000 IndoAi iri 135,178,000 Cosco Con 129,931,000 in< [Tel 125,651,000 VALUE($) .and 439,535,072 DBS Gri 354,641,214 Sini jTel 314,817,218 UOB 257,387,835 OCBC Bk 225,982,700 Wilmar 222,241 ,329
      63 words
    • Article
      Lock icon RISES
      103 6 CLOSE UP 7318 524.6 5.1 DBXT Ni 10US! JMH 2270 265.3 8.6 DBXT MSTaiwan 10US$ 1250 215.2 13.2 DBXT FTVietnam 10US$ 3330 144.4 3.0 Jardine C&C 1428 122.0 9.3 JSH 1180 117.9 7.3 Dain irm 539 78.1 10. UOB 5.05%NCPS 100 9440 70.0 0.7 Cifr 648 65.0 11.1 Asia
      103 words
    • Article
      Lock icon FALLS
      118 6 Closing prices are in trading currencies, but absolute difference is in Ss. DBXT S&P Short 10US$ CLOSE DOWN 7196-418.5 -3.8 DBSBk6% NCPS 10 9700-272.0 -2.7 GLD 10US$ 8850-165.0 -1.2 STXPO 100 1284-116.0 -8.3 BMT 808 -62.0 -7.1 DBXT FTChina25 10US$ 2198 -41.3 -1.3 SIA.ES.0904 1018 -38.0 -3.6 ir MS
      118 words
    • Article
      Lock icon CURRENCIES
      85 6 Where S$ stands Apr 30 %CHNG CLOSE FRApr29 YR2009 S$ LOW S$ HIGH USS 1.4768 0.91 1.5579 1.4308 Euro 1.9680 0.19 2.0732 1.9150 Pounds 2.1972 0.09 2.2712 2.0356 AS 1.0825 -1.33 1.1100 0.9453 Yen* 1.5119 1.76 1.7278 1.4831 Rill liah* 0.***** -1.28 0.***** 0.***** Baht* 4.1871 0.66 4.3390 4.1040
      85 words
    • Article, Illustration
      Lock icon Portfolios slim down half a per cent on average
      1378 8  -  TEH HOOI LING BUYING of blue chips was ferocious last week, especially on Thursday. The Straits Times Index closed the week at 1,920.28 points, up 67.43 points or 3.64 per cent from the previous Friday. But amid the resurgence, smaller caps
      1,378 words
    • Article
      Lock icon Buying by directors on the rebound
      1295 8  -  ROBERT HALILI INSIDE MARKETS By BUYING by directors rebounded, after posting low acquisitions for two straight weeks, with 11 companies recording 16 purchases worth $38.5 million filings with the exchange during the holiday-shortened week of April 27 to 30 showed. The number of companies
      1,295 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      1208 7 I w MATS X^l V^>/ X -jLv^-LIJ Toll free: 1800-289-8822* Email: notices@sph.com.sg www.cats.com.sg In The Matter of The Companies Act, Cap. 50 THE COMPANIES ACT, CHAPTER SO |M THE MATTER OF And In The Matter of AND THF COMPANIK ACT IrAP ml THE FLYING CLUB PTE. LTD. IN THE MATTER
      1,208 words
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      Lock icon Page 7 Advertisements Column 2
      26 7 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. S SATS I NOTICES K;j
      26 words
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      44 8 X 3 FIND THE ONEsV^M" HTUTHATFIT! hrf Recruit the right people through CATS Recruit. L__. #=4" j 3 C Call 1800 289 8822 or email I recruit@sph.com.sg s->J Xs^s. .^-O to advertise. i -rrtj HATS pi V/> RECRUIT x^ S > 1 _J r 3
      44 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Clean diesel cars going nowhere
      869 9  -  JOYCE HOOI In the first three months of the year, the diesel car population only increased by a mere four CLEAN diesel cars are still non-starters in Singapore, and car companies are finding out the hard way. Three car makers Chevrolet, Alfa Romeo and Volkswagen
      869 words
    • Article
      Lock icon Rebates, financial aid most helpful: survey
      331 9  -  TEH SHI NING REBATES and direct financial assistance are seen to be the most helpful government measures in the current crisis, although most people think personal initiative is more important than relying on government help to cope, the first in a series of Institute
      331 words
    • Article, Illustration
      Lock icon Education provider scores high in tough times
      529 9  -  LEE U-WEN Despite the difficult investment climate, MDIS is doing well AS scores of companies see their investments sink amid the global financial crisis, Singapore's oldest private education provider has bucked the trend with aplomb. Despite the difficult investment climate, the Management Development
      FILE PHOTO  -  529 words
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      Lock icon Page 9 Advertisements Column 1
      8 9 «mWS best ®w&\ rune in to t« stnynn
      8 words
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      Lock icon Page 9 Advertisements Column 2
      106 9 Hi ■illlißw. 11ii iff oil inn r ■JHU Hg|a| To buy or not to buy? Get the latest copy of Pulses today to read more about the property market in Singapore. Are things looking up or are they going south? Get recession-proof tips to avoid nasty legal tangles when transacting
      106 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Playing musical chairs
      3736 10 THIS WEEK'S TOPIC In your judgment and experience, does the fact that a director holds multiple directorships affect his or her performance, or the performance of the board? Would you support a limit on the number of directorships any one individual can hold? Terry O'Connor Chief Executive
      STOCK.XCHNG  -  3,736 words
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      192 11 All the prestige without the premium price tag. The S-Class is now available at only $5,564 per month with zero cash outlay. Experience the luxury and prestige of the S-Class for just $5,564 per month with f—m the S-Class Prestige Plan. There's no down payment, no depreciation, no service and
      192 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Fired up for fashion
      862 12 A group of SMU students are out to raise the profile of local designers and take their creations to retailers, reports LIEW AIQING THE allure of fashion has always been irresistible to many young men and women. However, while most are content to browse copies of
      FILE PHOTO  -  862 words
    • Article, Illustration
      Lock icon A world of opportunity
      1118 12 CAMPUS LIFE Silicon Valley has the best ecosystem for startups to flourish, says NUS student LEE MINXUAN GREAT cities have big aspirations. You feel it just by walking around in one. The people, their visions, the communities and their ambitions all send you a message in
      1,118 words
    • Article
      Lock icon Be smart with your finances
      204 12 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
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      46 12 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
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  • DINING OUT
    • Article, Illustration
      Lock icon A pleasing cohesion of flavours
      773 13  -  Jaime Ec GUEST CHEF Les Amis #02-16 Shaw Centre 1 Scotts Road Tel: 6733-2225 May 6 to 9. Lunch menus at $68++ and $88++. Dinner menu at $150++ and $200++ HE'S Vietnamese by birth, works in a luxury hotel in Bangkok and he's in Singapore
      773 words
  • Page 13 Advertisements
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      564 13 jftfe- A pearly tribute to Mum. i^a^r^H^ I Treat your mum to fresh truffles, special Mother-of-Pearl Passion cake from the deli, and luscious pearly desserts amidst sumptuous Alaskan king crab and lobster dumplings at our Mother's Day Brunch. Mums at the brunch stand to win a pearl necklace worth $800!
      564 words
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  • ECONOMY WATCH
    • Article
      Lock icon Commercial property gets access to TALF
      670 14 -Reuters Fed will open loan facility next month to '09 issued CMBS [WASHINGTON] The US Federal Reserve last Friday threw the battered commercial property sector a lifeline by granting it access to an emergency programme set up last year to unlock credit markets frozen
      -Reuters  -  670 words
    • Article
      Lock icon A final ECB rate cut expected this week
      729 14 AFP It may also extend term of its unlimited loans to banks [FRANKFURT] The European Central Bank will unveil record low interest rates and other ways to pull eurozone members from their worst recession in six decades at a landmark meeting here
      AFP  -  729 words
    • Article, Illustration
      Lock icon Global recession shrinks US trade deficit
      592 14 -NYT Trade gap narrowed to 2.4% of GDP in Ql, the lowest deficit in a decade [NEW YORK] The American trade deficit is collapsing at the fastest rate ever, a testament to the ability of a worldwide recession to sharply reduce global economic imbalances
      -NYT; REUTERS  -  592 words
    • Article
      Lock icon Economists see crisis entering 'Twilight Zone'
      626 14 -AFP [PARIS] Economic confidence polls are rising but big economies still face dizzying falls in growth. Companies report huge losses and job cuts but some bosses eagerly predict a change in their fortunes. After pointing to "green shoots" of revival, economists now see the
      -AFP  -  626 words
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  • US AUTO WOES
    • Article, Illustration
      Lock icon Chrysler will be a warning to GM
      1270 15 -NYT But forcing changes on GM will be harder as it's much bigger, more complex and politically sensitive FRESH from pushing Chrysler into bankruptcy, President Barack Obama and his economic team are hoping that the hard line they took last week gives them
      -NYT; AP  -  1,270 words
  • Page 15 Advertisements
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      183 15 l^ulinary "Ten Chefs of the Millennium"-Food &wine Magazine i —ir^*^ Maestro Series /^"^G\ |;<^ I Xj^y uUolll Lug Jsrj B^^ M' Ct) Toronto, Cananda I Back by popular demand, Celebrity Chef Susur Lee will showcase 40& his exclusive creations from the new Shang restaurant in New York City. J'» Set
      183 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Good time to put house in order
      553 16  -  S JAYASANKARAN MALAYSIA INSIGHT Backing off every time a group warns of rising costs is not always the best option PRIME Minister Najib Razak said on Saturday that Malaysia needs a new growth model to push the country into a higher income bracket,
      553 words
    • Article
      Lock icon No tax hike on migrant workers
      300 16 AP, Bernama [KUALA LUMPUR] Malaysia has scrapped plans to double an annual tax that restaurants and factory owners pay for employing migrant workers following fears that employers might lay off nearly 400,000 people, news reports said on Saturday. Human resources minister S Subramaniam said
      AP, Bernama  -  300 words
    • Article, Illustration
      Lock icon Indonesia's anti-graft chief a murder suspect
      443 16 -Reuters [JAKAßTA] Indonesia's an-ti-graft chief said that he would make a statement to police today after being named a suspect in a murder investigation and put on temporary leave. Antasari Azhar, head of the Corruption Eradication Commission, yesterday denied some reports circulating in local
      -Reuters; REUTERS  -  443 words
    • Article, Illustration
      Lock icon Demand boost seen as crucial for Jakarta
      449 16 Reuters Central bank chief says inflation not a big worry this year [NUSA DUA] Boosting domestic demand will be key for Indonesia's quick economic recovery as inflation is not seen as a "number one danger" this year and the next, the country's central
      – Reuters; BLOOMBERG  -  449 words
    • Article
      Lock icon BNI to propose cut in dividend payout ratio
      354 16 Reuters [PECATU, Indonesia] Indonesia's fourth-largest bank, PT Bank Negara Indonesia Tbk, will propose at a shareholder meeting this month a cut in its 2008 dividend payout ratio to help strengthen capital, its chief said. President director Gatot Suwondo said that the bank
      – Reuters  -  354 words
    • Article
      Lock icon Bumi Resources posts rise in Q1 profit
      249 16 I Bloomberg, Reuters [JAKARTA] Bumi Resources, Asia's biggest exporter of power station coal, said first-quarter profit rose 21 per cent after it earned higher prices for the fuel and as production costs fell. Net income rose to U*****.5 million from U*****.3 million a
      I Bloomberg, Reuters  -  249 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon China. India to dominate ADB loans
      524 17 Reuters Move enables bank to bring best practices in project implementation: official [NUSA DUA, Indonesia] The Asian Development Bank's lending will continue to be dominated by disbursements to India and China, despite donor objections that the two fast-growing economies are not in need of
      – Reuters  -  524 words
    • Article, Illustration
      Lock icon FIGHTING FOR THAT HEALTHY GLOW
      56 17 REUTERS [WUHAN, China] Two women wrestling in a mud pool during an international women's mud wrestling contest by the East Lake in Wuhan, Hubei province. More than 40 women participated in the contest yesterday held in mineral-rich mud which is believed to be good for
      REUTERS  -  56 words
    • Article
      Lock icon India's educated lack practical job skills
      684 17 LAT-WP [NEW DELHI] Barely eight months after leaving prestigious Delhi University with an undergraduate degree in commerce, Reena Dubey is back in the classroom, poring over a textbook on debt recovery and taking notes on India's banking industry. "I studied economics, accounting, trade, corporate
      – LAT-WP  -  684 words
    • Article
      Lock icon Disney expansion deal likely soon: HK
      336 17 Reuters [LOS ANGELES] While Disney has reached an agreement with Shanghai authorities on building a park there, the beleaguered Hong Kong Disneyland continues to be the subject of intense negotiations with authorities. But a top Hong Kong government official on Saturday said that he
      – Reuters  -  336 words
    • Article
      Lock icon Indian exports Dost steepest all on record
      469 17 -Bloomberg March merchandise shipments dive by 33% [NEW DELHI] India's exports fell the most on record in March, extending the longest declining streak in a decade as the worst global recession since World War II damped demand for the nation's products. Merchandise shipments
      -Bloomberg  -  469 words
    • Article
      Lock icon Dubai hotelier may delay Shanghai hotel again
      556 17 Reuters Jumeirah upbeat that project will be ready in 2010 [DUBAI] Dubai hotelier Jumeirah Group may not open the first of six hotels planned in China until May 2010, its executive chairman said yesterday, as the project faces another delay amid the global
      – Reuters  -  556 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Asean crisis fund ready by year end
      551 18  -  ANTHONY ROWLEY Agreement reached on each nation's contribution, setting up surveillance unit FINANCE ministers from the Asean+3 group agreed at a meeting yesterday to what chairman and Thai finance minister Korn Chatikavanji said was "all the main components" of an enlarged and multi-latera-lised
      551 words
    • Article, Illustration
      Lock icon London's hedge fund stars lose millions
      599 18  -  NEIL BEHRMANN Sunday Times lists the rich victims of market downturn in London THE bear market and contraction of their businesses have caused the majority of individual hedge fund managers to lose millions of dollars. The Masters of the Universe's main marketing spin was
      599 words
    • Article, Illustration
      Lock icon CELEBRATING CHILDREN'S DAY
      72 18 -AFP [TOKYO] A female diver swimming with a spotted eagle rays next to carp streamers at the SunShine International Aquarium in Tokyo yesterday during a feeding show to celebrate the upcoming Children's Day, which falls on May 5 and is part of the Golden Week holidays. In
      -AFP; AFP  -  72 words
    • Article
      Lock icon 'Hard' budget ahead for Australia: treasurer
      315 18 AFP [MELBOURNE] Australian treasurer Wayne Swan warned that the nation faced a "hard" and "unpopular" budget this month as the government attempts to deal with the global recession in a responsible manner. Mr Swan refused to guarantee the May 12 budget would keep tax
      AFP  -  315 words
    • Article
      Lock icon London looks to the Super Bowl
      223 18 -Reuters Wembley has already played host to two regular season games [LONDON] London has launched an audacious bid to stage the Super Bowl within the next eight years, a move that would see the United States' biggest sporting event played overseas for the first
      -Reuters  -  223 words
    • Article
      Lock icon ANZ Bank eyeing Asian acquisition
      321 18 -AFP [MELBOURNE] Australia's ANZ Bank is looking at buying assets in Asia as it pursues its strategy of becoming a regional "super bank", chief executive Mike Smith said yesterday. Mr Smith refused to confirm reports that ANZ was in the running to buy Royal Bank
      -AFP  -  321 words
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      786 18 A SATS iNTHEMAnEROF IN THE MATTER OF THE COMPANIES ACT, CAP 50 nt lml tn W ["<he Act-) tuc POMPANIK APT AND IN THE MATTER OF IFIL l/UWIrHHILO HVll, ANTECH INSTRUMENTS PTE LTD TUAPTFR Rfl ("the Company") UIAMErtOU (Co. Reg. No. *****1869 M) AMI} Notice of ResoluKons for Members' ™"U
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  • FLU OUTBREAK
    • Article
      Lock icon Flu outbreak may have peaked, but danger remains
      592 19 AFP, Reuters, AP US officials say real test will come during winter influenza season [WASHINGTON] Top US officials yesterday saw grounds for cautious optimism that the A (H1N1) flu outbreak may have peaked but stressed that the winter influenza season would pose
      – AFP, Reuters, AP  -  592 words
    • Article
      Lock icon Outbreak may have originated in California
      344 19 -AFP [WASHINGTON] A US health official on Saturday did not rule out the possibility that the A(H1N1) influenza virus outbreak may have originated in California. "As we do our investigations here in the US, we may find that there were cases earlier," US Centers
      -AFP  -  344 words
    • Article
      Lock icon Green shoots of economic recovery may be nipped
      538 19 AFP [SINGAPORE] The A(H1N1) flu outbreak could shatter fragile signs of a global economic rebound, but the gravity of its impact depends on the death toll it inflicts and the panic it generates, analysts said. For Asia, where some countries are in
      AFP  -  538 words
    • Article
      Lock icon First US victim was born to wealth
      239 19 AP [HOUSTON] While some of Mexico's A(H1N1) flu fatalities were poor and had uncertain access to healthcare, the toddler who became the first US death from the outbreak was born into one of Mexico's wealthiest families. His father is a wellknown architect. His
      AP  -  239 words
    • Article
      Lock icon The flu scoop that scared me
      782 19  -  MAGGIE FOX Reuters [WASHINGTON] Normally a pre-dawn call with the offer of a scoop gets a journalist's adrenaline pumping. I had always laughed at how we run towards things everyone else runs away from car bombs, riots, disease outbreaks. But this was sad and
      – Reuters  -  782 words
    • Article, Illustration
      Lock icon Virus watch
      490 19 Colombia has diagnosed its first confirmed A(H1N1) flu virus case, a man who recently returned from Mexico but is in good condition, Social Protection Minister Diego Palacio said yesterday. The case is the first in South America. The World Health Organisation raised its tally of confirmed human cases
      REUTERS  -  490 words
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      237 19 Decoding a virus A virus's ability to subtly or dramatically change into a new strain such as in the current influenza pandemic keeps officials looking at its origin for answers. WHAT'S IN A NAME J (k Virus type A pfef Of the three types -A, B and C-the r^ W
      237 words
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  • WORLD
    • Article, Illustration
      Lock icon Buffett offers gloomy take on economy
      1134 20 Reuters BERKSHIRE HATHAWAY ANNUAL MEETING He says govt efforts to stimulate activity may pay off, at cost of higher inflation Berkshire's stock has fallen 39 per cent since December 2007, but Mr Buffett said no stock buybacks are planned because Berkshire's share price is
      – Reuters; BLOOMBERG  -  1,134 words
    • Article, Illustration
      Lock icon Kerzner brings his billions back to S Africa
      690 20 -AFP He says his new One&Only hotel is his best to date [CAPE TOWN] After building mega-resorts from the Bahamas to Dubai, tycoon Sol Kerzner is back home in South Africa with a posh new 100-million-dollar hotel, 15 years after pulling up
      -AFP '; REUTERS  -  690 words
    • Article
      Lock icon Stanchart looking to organic growth: official
      429 20 -Reuters He is bullish on Vietnam, sees loan growth in region [NUSA DUA, Indonesia] Standard Chartered is looking to organic growth and not acquisitions to drive its growth, a company official said on Saturday. Ray Ferguson, regional CEO for South-east Asia including Australia, was
      -Reuters  -  429 words
    • Article
      Lock icon WaMu seeks to probe JPMorgan role in deal
      380 20 Reuters [NEW YORK] Washington Mutual on Friday asked a US bankruptcy court to let it probe whether JPMorgan Chase Co had unlawfully damaged its former thrift unit's assets in order to buy it "on the cheap", at US$l.9 billion, last September. WaMu,
      – Reuters  -  380 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon S'pore-based firm buys over plane-maker Piper
      639 21  -  YEN SREENIVASAN American Capital Ltd announced last Friday that it sold its stake to Imprimis By [SINGAPORE] Singa-pore-based corporate finance and investment management firm Imprimis has bought Nasdaq-listed plane-maker Piper Aircraft Inc. In an announcement last Friday, Piper's parent American Capital Ltd said that
      BLOOMBERG  -  639 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2612 21 AIRLINE CODES: AA: Am s (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAVv Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR: EVA
      2,612 words
    • Article
      Lock icon Kuwait group drops plan to buy Manila shipping firm
      355 21  -  ALEC ALMAZAN UNABLE to raise funds from a recession-hit debt market, Kuwait-linked KG-LI-NM Holdings Inc has backed out from a deal to buy out the Philippines largest and oldest shipping company, Aboitiz Transport System (ATS). Aboitiz Transport said in a statement
      355 words
    • Article
      Lock icon Maersk may sell passenger ferry unit
      422 21 Bloomberg It will focus on its container business, grow oil activities [COPENHAGEN] AP Moel-ler-Maersk A/S, Denmark's biggest company, is in talks to sell its passenger ferry operator to focus on returning its container division to profit and expanding oil activities. Maersk is in "discussions
      – Bloomberg  -  422 words
    • Article
      Lock icon Baltic Dry Index up 1.1% on rising steel prices
      352 21 [LONDON] The Baltic Dry Index, a gauge of world trade, gained for a second day on speculation that rising steel prices will spur demand for iron ore. The index of commodity-shipping costs rose 20 points, or 1.1 per cent, to 1,806
      352 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      308 21 CRYPTIC CROSSWORD 7 Huge movie (7) 8 Studying one planted in new- y 10 Private individual lacking energy to keep going (7,2) to In T 11 Animals turn back, having no right to fight (3-2) 12 One entering road bolted (5) 12~~^ MT3~~^| 13 Angry after golf club medal L
      308 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8838 22 Week ended: Apr 30 Hi. Low Code Com| )an] Sale C000) Hii Low Bu; rer Seller C'vr P/E 8 3 3148 STelecom 11 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 17 5.5 1938 AEI Corp 9.5 1 1100 AEM 23 7 2101 APOil 80.5 26.5 5550 ARA
      8,838 words
    • Article
      Lock icon SGX CATALIST
      1788 23 52-wks Tel High Low Code Company Last Sale Vol Week Last Quote Div Gr Yld Net C000) High Low Buyer Seller C'vr P/E M Cap $mil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 2 0.5 t APStrategic R 4 0.5 1501 s Advanced System 11.5
      1,788 words
    • Article
      Lock icon SGX ETF
      371 23 52-Wk Tel High Low Code Last Sale Vol C000) Week ill Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hii 108 100 6389 ABF SG Bond ETF 982 427 CIMBAsean40 100US$ 195 149 DBS STI ETF 100 2288 1682 DBXT FTChina25 10US$ 3332
      371 words
    • Article
      Lock icon CLOB INTERNATIONAL
      241 23 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      241 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      120 23 Stock name Close Change Stock name Close Change Stock name Close Change Caj i Land 2.760 +0.200 JMH 22.700 +1.480 SIAEm 1.970 +0.010 Caj iMall 1.250 +0.050 JSH 11.800 +0.400 SMRT 1.550 +0.050 Cit' 6.480 +0.660 Jardine CSC 14.280 +1.020 SPH 2.900 -0.040 ComfortDelGro 1.420 +0.060
      120 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      109 23 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 6 7 4 0 0 0 6 7 4 Manufacturing 61 88 60 16 14 11 77 102 71 Commerce 25 29 18 31 35 21 ms 12 19 10 12 21 Finance
      109 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      116 23 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 101,468 101,468 292,320 292,320 Manufacturing 1,821,170 181,798 2,002,968 849,905 13,839 863,744 Commerce 408,273 27,661 435,934 307,444 3,577 311,021 ]t/Stor/Comms 532,860 766 533,626 841,467 42 841,509 Finance 174,620 33 174,653 1,036,695 1,036,696 Construction 238,356 35,087 273,443 30,076 356 30,432 'ro|
      116 words
    • Article
      Lock icon STOCKS ASIA
      2700 23 Transaction date: May 1 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day IONG KONG Vol ■000 HK$ \pr30 \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird
      2,700 words
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      Lock icon Page 23 Advertisements Column 1
      28 23 Insiders'trades. Brokers'recommendations. TIJC Rl ICIMECC Tll\/lEC Dividend table. The pages also cover transactions Int DU3IIMC33 lIIVIC3 by directors and substantial shareholders. In other words, news you can use.
      28 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 24 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mai World Index Preliminary 668.7 0.3 -1.3 0.5 0.0 0.2 -2.7 EAFE Preliminai 643.8 0.3 -0.8 0.4 -1.4 0.1 -4.1 Euro[ Prelim inan 896.5 0.0
      373 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 24 A. s 9am Ap r3o Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.0700 1.1020 Can dollar 1.2290 1.2440 Euro 1.9640 1.9860 NZ dollar 0.8340 0.8530 Sterlini 2.1860 2.211 US dollar 1.4760 1.4920 Local dollars to 100 units of foreign currency:
      131 words
    • Article
      Lock icon INTERBANK RATES
      174 24 Apr 30 fer Bii Overnight 1/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.03 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 $Au 0.33 0.55 0.90 1.20 1.70 2.10 2.30 Offer 0.23 0.45 0.60
      174 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 24 Apr 30 ten Jii Sett STI SIMSCI Ma' 224.5 230.9 230.1 Taiwan Ma' 229.2 239.0 232.8 Source: MF Global (S) He. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 24 Apr 30 Bid Offer 1-month 1.4734 1.4750 2-months 1.4732 1.4749 3-months 1.4730 1.4747 6-months 1.4723 1.4742 Source: OCBC
      21 words
    • Article
      Lock icon PALM OIL
      61 24 Apr 30 Delivery Month Opening Sett Av Range Price Price Hii Vol Open Done Position Low May 09 2669 Jun 09 2581 Jul 09 2511 Aug 09 2445 Total o/p: ***** contracts 2716 2748 2669 2634 2680 2580 2595 2618 2501 2535 2553 2438 Turnover: ***** Market tone:
      61 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      251 24 May i OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO9 SepO9 DecO9 Mar10 99.0550 99.0100 98.8100 98.6850 6825 2464 2087 2985 EUROYEN TIBOR FUTURES JunO9 SepO9 DecO9 Mar10 Jun10 Sep10 DedO Mar11 99.450 99.515 99.525 99.500 99.465 99.385 99.340 99.255 397 150 188 100 100 31
      251 words
    • Article
      Lock icon SICOM FUTURES
      189 24 Apr so RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l lots) May 09 162.0 Jun 09 Jul 09 Aug 09 Sep 09 164.0 Oct 09 162.0 164.0 163.0 163.5 163.0 163.0 163.5 163.5 3 20 588 907 948 812 950
      189 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 24 Apr 30 Period Issue code Maturity Yesterday's Bid Day's [li Low Hii 3-Month BQ*****V 30.07.09 1-Year BY*****W 03.05.10 0.20 0.31 0.28 0.28 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 4.000 15-Year
      89 words
    • Article
      Lock icon CHICAGO BOT
      100 24 Mayi (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 09 1102.00 1070.00 1103.50 1060.75 Jul 09 1091.00 1055.00 1095.50 1044.00 Aug 09 1059.00 1023.00 1063.00 1013.00 SepO9 1011.00 980.50 1012.00 985.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 37.43 36.22 37.46 36.00 Jul 09
      100 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 24 CRUDE OIL PRODUCTS Apr 30 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 50.87 0.04 WTI (Near Mth) 50.95 -0.17 Dubai (1-Mth F) 50.28 0.58 Tapis blend 54.55 0.60 Minas 52.65 0.60 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 45.17 57.90 0.40 0.45 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      445 24 Ap r 3o Australia 0.876 5.029 0.551 5.712 36.762 78.233 0.720 9.456 2.620 1.283 59.314 35.604 1.087 6.213 0.834 24.424 25.965 0.494 0.737 Canada 1.142 5.744 0.630 6.524 41.988 89.356 0.823 10.800 2.992 1.465 67.747 40.667 1.241 7.096 0.952 27.897 29.656 0.564 0.842 China 0.199 0.174 0.110
      445 words
    • Article
      Lock icon SIBOR
      77 24 Apr 30 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 3 mths 1.***** 0.***** 6 mths 1.***** 0.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs 1.***** 5yrs 2.***** 7yrs 2.***** 10yrs 2.***** 12 yrs 2.*****
      77 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      153 24 Ap r3o Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0859 1.0873 0.7369 0.7371 Canadian dollar 1.2402 1.2420 0.8416 0.8420 Euro 1.9702 1.9724 1.3370 1.3371 NZ dollar 0.8464 0.8480 0.5744 0.5749 Sterling 2.1983 2.2013 1.4918 1.492: US dollar 1.4736 1.4751 S$IUS$
      153 words
    • Article
      Lock icon PRECIOUS METALS
      162 24 May i GOLD (USS/oz) Apr 30 Apr 30 GOLD BULLION COINS (S$) Sellini Hong Kong 897.40 897.40 898.40 898.40 May 01 Apr 30 London 883.80 883.40 885.00 884.60 Source: Thomson Reuters (S$) Selling Buying 1 oz 1494.79 1349 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $524.30 430
      162 words
    • Article
      Lock icon LONDON METALS
      67 24 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 1504.00 1459.50 3 months 1539.00 1494.00 Copper, Grade A (US$/tonne) Cash 3 months 4604.50 4600.00 4433.25 4431.00 Lead (US$/tonne) Cash 1389.50 3 months 1400.00 1324.00 1330.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00 *****.00 3
      67 words
    • Article
      Lock icon LIFFE
      77 24 May 1 COCOA (Btonne) Close Prev Hii ih/Low May 09 1730 1774 1774/1732 Jul 09 1672 1707 1710/1669 Sep 09 1669 1701 1704/1668 Dec 09 1662 1696 1697/1659 COFFEE (USS/tonne) Close Pev High/Low May 09 1475 1424 1472/1430 Jul 09 1495 1453 1497/1459 Sep 09 1507 1466 1509/1474 SUGAR
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2585 24 BONDS, WARRANTS EXTENDED SETTLEMENT fel lode Company rel Code Company >036 Advance SCT Ltd W*****9 S092 Asia Environment W*****4 1481 Asia Water Tech Ltd W*****0 5816 SAsiasons Capital Ltd WO***** 1756 Asiatic Grp (H) Ltd W*****2 1105 #Asiatravel W*****7 #Auston Intl W*****3 >878 Aztech Systems W*****6 1912 Baker Tech W*****3
      2,585 words
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      Lock icon Page 25 Advertisements Column 1
      3108 25 The Business Times Shipping Times A KPI W\\T WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M Tmm^ f^^^V K%>,fi JBJWttETB^DLI VTrA ai MAI I llirr TEL *****588 (KLINES) FAX:*****163 1 A^B jTilEPll^B BM!INHIW!(B=HSWSHrB I WAN HAI INt J PKL TEL: (03) *****888 FJU: (03) *****288 PEN TEL: (04) *****00 FJU:
      3,108 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      2977 26 r^VHQIBEII^SSIHI In E EASTERN CAR LINER, LTD IH@±j lj J r/^. I tt—~ specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I PCL/PHL SERVICE AMX SERVICE Conne<ting ECL Sv< via MALTA I UUCAa^^ VOY _Ro!^KH_ Llllinq<KTj_ MNL _MyA_ JIN^ JM.^ _B^ )KT < L a; l
      2,977 words
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  • BizIT
    • <what's up>
      • Article
        Lock icon New CFO for Philips Singapore
        106 27 CHIA Chey Hui has been appointed as the new chief financial officer (CFO) of Philips Electronics Singapore and Asean with retrospective effect from April 1, 2009. She replaces David Lim, formerly the CFO of Philips Electronics Singapore, who retired on April 30 after 38 years
        106 words
      • Article
        Lock icon Mobile Marketing Forum
        132 27 MOBILE Marketing Forum Asia (MMF), a two-day industry event organised by the Mobile Marketing Association (MMA), was held in Singapore last week. More than 325 mobile industry executives participated in the event. The MMF Asia was held in collaboration with the Infocomm Development Authority of Singapore (IDA)
        132 words
      • Article
        Lock icon CommunicAsia launches mobile site
        96 27 COMMUNICASIA, Asia's largest infocomm exhibition, last week launched a mobile site which will give show attendees easy access to information during the event. Some key features on the site include daily news updates, event highlights, shuttle bus services, programme timings and locations, floor plans and more.
        96 words
      • Article
        Lock icon Equinix opens development centre
        66 27  -  AMIT ROY CHOUDHURY EQUINIX, a provider of global data centre services, opened its new global IT development centre in Singapore last week. The centre will support Equinix's global business, which covers 18 markets in North America, Europe and Asia-Pacific. The centre will provide dedicated global application
        66 words
    • Article, Illustration
      Lock icon Singapore firms ride mobile app store wave
      789 27 CellCity, tenCube expect their businesses to soar as app stores grow, reports ONG BOON KIAT CONSUMER purse strings may have been severely tugged by the financial crunch, but growth is still beckoning for mobile software developers. In fact, propelled by the rising trend
      FILE PHOTO  -  789 words
    • Article, Illustration
      Lock icon Microsoft's Windows 7 test implies yearend holiday launch
      536 27 AP It also unveils new features in the release candidate [SEATTLE] Microsoft Corp released a near-final version of the Windows 7 operating system to a large group of technology-savvy testers on Thursday last week which adds a few new features, including a
      AP; FILE PHOTO  -  536 words
    • Article
      Lock icon SMU hosts inaugural int'l business-IT competition
      439 27  -  ZHANG Yl TING LIKE golfers, chief information officers (CIO) have to be deft at both long and short games. Sharing this analogy with participants of the first Apex Global Business IT Case Challenge in Singapore last week, Nariman Karimi, CIO of DHL Express Asia-Pacific,
      439 words
    • Article, Illustration
      Lock icon Hitachi Data Systems is sitting pretty
      794 28 It's in a good position after posting strong 2008 growth, writes AMIT ROY CHOUDHURY STORAGE solutions vendor Hitachi Data Systems (HDS) brushed off the effects of the economic crisis last year and posted more than 100 per cent growth in Singapore. Speaking to BizlT,
      FILE PHOTO  -  794 words
    • <what's new>
      • Article, Illustration
        Lock icon New video camera from Canon
        68 28 CANON has launched a new high-definition (HD) video camera, LEGRIA HV4O. It features Canon's fuU-HD CMOS sensor and a set of comprehensive controls. The video camera records movies on HDV tape while still images are stored on mini-SD. The video camera is available at all
        68 words
      • Article
        Lock icon Toshiba expands netbook line-up
        69 28 TOSHIBA has announced the expansion of its mini-notebook also called netbook range with the Toshiba NB2OO. The netbook with a 10.1 inch screen weighs I.lBkg with a 3-cell battery and runs on Windows XP Home. It is powered by the I.66GHz Intel AtomT processor with Intel
        69 words
      • Article
        Lock icon One more from Fujitsu
        101 28  -  AMIT ROY CHOUDHURY FUJITSU has unveiled the second of its netbook range, the Fujitsu M2OlO. With a screen measuring 10.1 inches, it comes with a bigger keypad, webcam and preloaded Arc Soft software. The netbook runs on the Intel Atom processor N270 and N2BO which run
        101 words
    • Article
      Lock icon Chip sales down 30% in March
      121 28 AFP [WASHINGTON] Global semiconductor sales fell nearly 30 per cent in March compared with a year ago but improved slightly over the previous month, the Semiconductor Industry Association (SIA) said on Friday. Worldwide sales of semiconductors hit US$l4.7 billion in March, down 29.9 per
      AFP  -  121 words
  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      31 27 I &&lt;?vn Partner ▼ass* j Advantage W Sun Servers with Cool Threads Technology deliver 5X the performance, JFW a using 1/5 of the power, in 1/4 of the space." m^tt iaj
      31 words
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