The Business Times, 13 May 2009

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

Total Pages: 28
1 28 The Business Times
  • 20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|2!i A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Wednesday, May 13,2009
    20 words
  • 697 1  -  NISHA RAMCHANDANI Search on for new operator; members may get no refund from liquidation By [SINGAPORE] The liquidation process for the now grounded Flying Club is underway but chief executive Nicklaus D'Cruz is in talks with an Indonesian businessman to take over its operations.
    FILE PHOTOS  -  697 words
  • MARKETS DIGEST
    • 47 1 uesi lay lange 1COMP 1,023.02 -2.48 IIKKEI225 9,298.61 -153.37 1ANG SENG 17,153.64 +65.69 ;et index 544.54 +9.36 JAKARTA COM P 1,842.02 +11.28 IANILACOMP 2,253.91 -11.64 ;eoulcomp 1,403.51 -11.65 ;henzhen b 391.09 +7.45 IUMBAI IND 12,158.03 +475.04 12 noon EDT Change )OW 8,399.82 -18.95 IASDAQ 1,708.13 -23.11
      47 words
    • 29 1 SINGAPORE 5.38 MALAYSIA 5.53 HONG KONG 5.00 INDONESIA 16.757 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 12.25 Source: Bloomberg
      Bloomberg  -  29 words
    • 42 1 IS$ (S$ per US$) 1.458 (US$/S$ per 1.519 2.216 ;URO (US$/S$/E) 1.366 1.992 Foreign currency per US$ S$ 'EN 97.60 66.90 3.517 2.411 IK$ 7.750 5.314 !AHT 34.57 23.70 lUPIAH 10,375 7,114 lENMINBI 6.823 4.679 INDIAN RUPEE 49.32 33.82 1.308 0.897
      42 words
  • 909 1  -  KALPANA RASHIWALA Developers test waters at some projects by cutting back on discounts By [SINGAPORE] Some developers have quietly started raising prices a notch as they test waters after strong sales volumes seen in the first quarter. Price adjustments are often made by
    909 words
  • Page 1 Advertisements
    • 3 1 8 *****1 *****4
      3 words
    • 238 1 "To understand it, you have to understand the inner workings of the concept of time." Best Private Bank 2008 Ludwig Oechslin, curator at the Musee international d'horlogerie (international watch Awarded by FnanceAsia museum) in La Chaux-de-Fonds, Switzerland Best Boutique Private Bank Pushing back the boundaries of time comes naturally to
      238 words
  • Page 1 Miscellaneous
    • 50 1 CORPORATE -j-^-j-j-j-J-^ AUSTRALIAN BUDGET SPORE ECONOMY M^W EXEC MONEY RESULTS TO.mmJLL As22b infrastructure The lurking danger 5? 1 Keep a watchful NOL posts USs24sm j spending to save jobs of deflation iFll W eye on green shoots QIIOSS PAGE 2 V^T 4-I—l—H- PAGE 12 PAGE 21 If II PAGE 28
      50 words

  • TOP STORIES
    • 631 2  -  JOYCE HOOI Local professionals among worst hit by cost cutting and overwork: survey By [SINGAPORE] The typical Singaporean professional is cowering at his desk, a sneezing and overworked heap, if the numbers are to be believed. The latest Robert Half survey indicates that
      631 words
    • 535 2  -  It posts Q1 loss of USs24sm and expects significant full-year loss By VINCENT WEE [SINGAPORE] Neptune Orient Lines (NOL) posted a U*****.6 million first quarter net loss as revenue plunged by a third to US$l.54 billion as global trade flows and liner shipping volumes
      BLOOMBERG  -  535 words
    • 574 2  -  KALPANA RASHIWALA It reverses earlier forecast of 10% slide next year, upgrades CDL to 'buy' By [SINGAPORE] Goldman Sachs is now projecting a 5 per cent gain in Singapore private home prices next year, reversing its previous forecast of a 10 per
      574 words
    • THREE-MINUTE DIGEST
      • 74 2 SOME developers have quietly started raising prices a notch as they test the waters after strong sales volumes seen in the first quarter. Price adjustments are often made by reducing discount levels. On a project average basis, the effective prices for some developments
        74 words
      • 61 2 THE liquidation process for the now grounded Flying Club is underway but chief executive Nicklaus D'Cruz is in talks with an Indonesian businessman to take over its operations. Mr D'Cruz says he is in discussions with a wealthy businessman who owns an aviation business
        61 words
      • 81 2 NEPTUNE Orient Lines posted a U*****.6 million first quarter net loss as revenue plunged by a third to US$l.54 billion as global trade flows and liner shipping volumes plunged while freight rates collapsed across all major trade lanes. The loss is in
        81 words
      • 80 2 CHINA'S urban fixed-asset investment surged more than expected in response to the government's 4 trillion yuan stimulus package, countering a deepening export slump. Investment in factories and property climbed 30.5 per cent in the four months to the end of April from a year earlier,
        80 words
      • 42 2 SEMBCORP yesterday posted an 8.6 per cent rise in first-quarter net profit to $133.6 million, driven mainly by increased contribution from its marine business. Turnover, however, stayed flat at $2.15 billion. COMPANY NEWS, PAGE 5
        42 words
      • 74 2 COMMODITIES trader Noble Group is raising net proceeds of about $125.5 million by placing out 84.7 million new shares at $1.52 each. The price represents a discount of about 2.5 per cent to the weighted average trading price from Monday to the signing
        74 words
      • 86 2 UOL Group posted a more than seven-fold year-on-year rise in first-quarter net profit to $331.8 million from $42.85 million a year ago largely due to gains of $277.7 million from negative goodwill recognition relating to the acquisition of United Industrial Corp shares. For
        86 words
      • 69 2 LOCAL authorities will paint a silver lining for the battered technology sector by raising their annual IT budget to $1.73 billion this fiscal year. More than 392 government IT tenders worth a total of $1.73 billion will be up for
        69 words
      • 69 2 AUSTRALIA yesterday unveiled a sweeping As 22 billion (5524.5 billion) infrastructure-building plan in its annual Budget aimed at saving more than 200,000 jobs amid a "brutal" global downturn. Treasurer Wayne Swan's bold Budget for the fiscal year beginning July 1 would
        69 words
      • 76 2 THE European Union will stress test its banking system by September to determine its resilience to the economic downturn and find out if it is adequately capitalised, EU sources and banking supervisors said yesterday. But it won't single out banks that need
        76 words
    • 537 4 Bloomberg But 22.6% plunge in April exports is worse than expected [BEIJING] China's urban fixed-asset investment surged more-than-expect-ed in response to the government's four trillion yuan (SsBs4 billion) stimulus package, countering a deepening slump in exports. Investment in factories and property climbed 30.5 per cent
      – Bloomberg; AP  -  537 words
    • 349 4 Reuters LATEST US DATA [WASHINGTON] The US trade gap widened in March for the first time in eight months as exports fell 2.4 per cent and imports dropped for the eighth consecutive month, a US government report showed yesterday. The trade gap
      ■ Reuters  -  349 words
    • 450 4 Bloomberg PCCW SAGA [HONG KONG] PCCW Ltd chairman Richard Li has filed an appeal against the Hong Kong court ruling blocking his HK515.93 billion (Ss3 billion) buyout of the city's biggest phone company after judges said shareholder votes were manipulated. Mr Li's Pacific
      – Bloomberg  -  450 words
  • Page 2 Advertisements

  • Page 3 Advertisements
    • 161 3 www.audi.com.sg The new Audi Q5. For those who want more out of life. There are no Limits when style and technology are perfectly synchronised. Your passion takes you to the roads for leisure and to the skies for adventure. Designed to inspire and engineered to excite, the Audi Q5 gives
      161 words

  • Page 4 Advertisements
    • 152 4 I a V. n/ V i fi^m—mmmmm M L^^^^SS "II 1^ '4BT" ■■WMHUHM^M fAfi*■JAJ I I I i 1 A\T J TK A ill ftl^ llfl I I I I I A P^^^l I B^Mta MMMMMMt*' jjP^r*"*'" (I i^ At AETOS, we understand your need to safeguard all that you
      152 words

  • COMPANY NEWS
    • 501 5  -  VINCENT WEE Net orderbook stands at $8.65b, with deliveries stretching till 2012 By SEMBCORP yesterday posted an 8.6 per cent rise in first-quarter net profit to $133.6 million, driven mainly by increased contribution from its marine business. Turnover, however, stayed flat at $2.15
      FILE PHOTO  -  501 words
    • 436 5  -  OH BOON PING By COMMODITIES trader Noble Group is raising net proceeds of about $125.5 million by placing out 84.7 million new shares at $1.52 each. The price represents a discount of about 2.5 per cent to the weighted average trading price from
      436 words
    • 303 5  -  EMILYN YAP By THAKRAL Corporation returned to profitability, reporting yesterday a net profit of $0.79 million for the first quarter ended March 31, 2009. This is an improvement over the net loss of $0.54 million in Ql 2008. The consumer electronics distributor also suffered a
      303 words
    • 402 6  -  JOYCE HOOI Its Q1 net profit rises over seven-fold to $331.8 m with UIC shares acquisition By UOL Group posted a more than seven-fold year-on-year rise in first-quarter net profit to $331.8 million from $42.85 million a year ago largely due to gains
      402 words
    • 384 6  -  YEN SREENIVASAN Quarter's net profit drops 21% to $12.4 m By CEREBOS Pacific's second quarter earnings slipped due to a sharp retracement in the Australian and New Zealand currencies, which account for half its turnover. Net profit for the Janu-ary-March 2009 second quarter fell
      FILE PHOTO  -  384 words
    • 495 6  -  LYNETTE KHOO By HELPED by higher selling prices for the company's high-end projects, Yanlord Land Group's net profit more than doubled to $24.27 million for the first quarter ended March 31, 2009 from $9.31 million for the previous corresponding quarter. Its average selling price
      495 words
    • 828 6  -  LYNETTE KHOO GIVEN the spate of corporate debacles among foreign listings here, particularly S-chips, there is dissatisfaction over the lack of closure in many instances where shareholders remain stuck with suspended shares. Some envision a tougher and more proactive frontline regulator that is prepared
      828 words
    • 286 6 Q1 results ended March 2009 NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS (s$ m) CHNG (s$ m) CHNG 1 UOL 331.79 42.85 674.3 196.70 161.72 21.6 2 SembCorp Ind 133.64 123.10 8.6 2,146.73 2,152.79 -0.3 3 Yanlord 24.27 9.31 160.6 186.37 116.20 60.4 4 Pan Pacific 10.99
      286 words
    • 474 9  - WBL Q2 profit slides 21 despite revenue rise ZHANG Yl TING Higher cost of sales, losses in associate firms trim net income to $9.3 m By HIGHER cost of sales coupled with losses in associate companies dragged WBL Corporation's se-cond-quarter net income down by 21 per cent to $9.3 million,
      FILE PHOTO  -  474 words
    • 280 9  -  JOANNE TANG By SUPER Coffeemix Manufacturing's first-quarter earnings rose 2 per cent year-on-year to $6.15 million. This was despite a 10 per cent fall in revenue to $64.39 million resulting from lower sales in Thailand, Mongolia and South Africa. Gross profit margin dropped to
      280 words
    • 290 9  -  SIOW LI SEN By HUP Soon Global says its exclusive deal to sell automotive batteries in Malaysia could help the company reduce its losses. On Monday, Catalist-listed Hup Soon (which counts Temasek Holdings as a shareholder) said its wholly owned Borneo Technical (M)
      290 words
    • COMPANY BRIEFS
      • 43 9 RETAIL-cum-properties group Second Chance Properties reported a 71 per cent increase in net profit to $2.79 million for its third quarter ended March 31 from a year ago, as revenue rose 5.4 per cent to $9.29 million.
        43 words
      • 39 9 PAN-UNITED Corporation reported that group net profit fell to $9.9 million for the first quarter ended March 31, 2009, from $11.7 million a year ago. Revenue rose 10 per cent to $128.3 million.
        39 words
      • 62 9 KOH Brothers Group, a construction, property development and specialist engineering solutions provider, reported a net profit of $1.1 million for the first quarter ended March 31, reversing a loss of $83,000 in the same period a year ago. The improvement was on the
        62 words
      • 49 9 PENGUIN International, an integrated marine and offshore services group, posted a 47 per cent drop in net profit to $2.2 million for the three months ended March 31, 2009. There was a 22 per cent year-on-year drop in QlO9 revenue to $17.8 million.
        49 words
      • 61 9 SC GLOBAL Developments reported a 45 per cent fall in Ql net income to $10.5 million. Revenue trebled to $131.2 million primarily because of the inclusion of AVJennings results But so did administrative and other operating expenses because of the inclusion. Earnings per
        61 words
    • 444 9 SP AusNet seeks to raise A$4l 5m in share sale Bloomberg Company's full-year income down 6.7%t0A5147m [MELBOURNE] SP AusNet, the Australian electricity distributor 51 per cent owned by Singapore Power Ltd, is seeking As4ls million (*****.6 million) from a share sale to strengthen its power and gas supply network in
      Bloomberg  -  444 words
  • Page 5 Advertisements
    • 87 5 ui^s^. I^MJ^ umiM, m%mmm a^/^\B Bk^M --kkV-k n.v IlhW __LJ M« Ifi^ I Nfl H^il \\^wl I K-H-HHi m i,« ES^________l S-_________fi __^^_9___ __FwK WWW mPI I I'ffl Byj ___H^i______l BORNEO MOTORS (SINGAPORE) PTE LTD 33 LENG KEE ROAD SINGAPORE *****2. LEXUS SALES TEL: *****288/*****811/ Rril-nar. Mni-nrc *****822/*****833. OPEN AT:
      87 words

  • Page 6 Advertisements
    • 103 6 \M|f Singapore Chinese Chamber Institute of Business BUSINESS f\ MANDARIN f J in FINANCE I i^ ACCOUNTING TERMS f BUSINESS j\'M MANDA iHHIIHI for BANKING B^PPhPWWfbpIII UPPJ! IsPIIfrJPPI BWH The following corporate training MM HMnB jjlfjjfisfl programs are also available: Business Mandarin for the Legal profession Business Mandarin for the
      103 words
    • 42 6 LTMnNDTHEONESh_n "U r J THAT FIT! r J Recruit the right people P* 1 through CATS Recruit. I— A #==H Call 1800 289 8822 or email 1 I J I recruit@sph.com.sg f V__x to advertise. rs^J \*S r>J RECRUIT i S cl
      42 words

  • Page 7 Advertisements
    • 178 7 I b^^^^^^^^^^^^_. -.tc^ ii I < '^H b *S( Htt -^^^^B ~^^^H BMJ /T JUr\TT^K^^^^:9'^ ''ir'-hfilll j \«lJili j Uld ~—^^^iLml^' iMIIi IIi" Contractor: Owner: Builder: EMS Energy Limited is an established provider of engineering solutions for the marine, oil gas industries for its bespoke products and solutions including drilling
      178 words

  • SINGAPORE MARKETS
    • 901 8  -  OH BOON PING CURRENCIES Seven of the 10 most-active currencies in the region weakened against the US$ THE rally on Asian currencies appears to be fizzling out as a drop in global stocks crimps investors' appetite for riskier assets. Seven of
      901 words
    • 94 8 Up Down Unch Up Down Unch Up Down Unch lulti Ind 6 6 5 0 0 0 6 6 5 lanufacturing 69 51 51 13 74 59 64 Commerce 22 23 16 23 26 19 'pt/Stor/Comms 21 12 22 13 :inance 13 13 Construction 13 13 'roperties
      94 words
    • 105 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 42,722 42,722 107,440 107,440 lanufacturing 712,191 44,744 756,935 394,088 1,603 395,691 Commerce 386,831 30,299 417,130 189,579 7,032 196,610 ■pt/Stor/Comms 175,432 335 175,767 262,714 29 262,743 :inance 53,596 53,596 445,263 445,263 Construction 128,305 2,163 130,468 20,154 29 20,183 ■roperties 152,937
      105 words
    • 105 8 lapitaLand 3.140 +0.020 Noble Grp 1.510 -0.150 lapitaMall 1.380 -0.010 OCBC Bk 7.070 +0.280 jtyDev 7.800 -0.250 Olam 1.840 -0.120 lomfortDelGrc 1.320 +0.030 S I A 11.920 -0.280 losco Corp 1.340 +0.040 SGX 7.670 -0.030 IBSGrp 11.500 +0.260 SIA Engg 2.410 +0.060 :&N 3.390 +0.090 SMP.T
      105 words
    • 787 8  -  LYNETTE KHOO SIA Engineering May 12 close: $2.41 CIMB-GK, May 12 ABOVE expectations: Q409 net profit of $66 million (+2l per cent y-o-y) was 13 per cent above our expectation and 17 per cent above consensus, thanks to stronger-than-expect-ed revenue from line maintenance and fleet management (FMP). FYO9
      787 words
    • 545 8  -  R SIVANITHY STOCKS AS expected, Wall Street slid on Monday a fall preceded by a 72-point or 3.2 per cent drop in the Straits Times Index (STI) the same day. It is now undisputed that programme trades short or long target this part
      545 words
    • 4 8 DAILY
      4 words
    • 57 8 CLOSE BT OB/OS 1610.00+365.0 BT CADI -*****.00 +88.0 BT 10-day MA -*****.00+161.0 FTSE ST Mid Cap 476.52 +15.27 FTSE ST Small Cap 403.81 +13.71 FTSE ST All Share 528.99 +5.76 FTSE ST China Top 223.92+11.56 FTSE ST China 221.21 +11.17 UOB Catalist 90.78 +1.95 SIMSCI 266.66 +2.33
      57 words
    • 55 8 VOLUME Diqiland 158,318,000 China Honqxinq 129,942,000 Yanqzijianq 120,003,000 Golden Agri 97,042,000 Bio-Treat 93,302,000 Noble Grp 81,407,000 Ezion 53,024,000 Gentinq SP 49,306,000 Sino-Env 45,491,000 Midas 44,674,000 VALUE(S) DBS Grp 173,667,590 UOB 122,553,640 Noble Grp 121,699,770 Sing Tel 91,024,570 Wilmar 90,133,880 Yanqzijianq 83,779,640 SGX 72,985,080 CityDev 69,252,354 OCBC Bk
      55 words
    • 108 8 SGX BNP eCW*****7 CLOSE UP 148 67.5 83.9 DBXT S&P Short 10US$ 6930 43.7 0.4 GLD 10US$ 9007 42.3 0.3 Jardine C&C 1612 34.0 2.2 India Ni 10 1087 32.0 3.0 Venture Co 702 30.0 4. OCBC Bk 707 28.0 4.1 DBS Gr| 1150 26.0 2.3 JSH 1236 23.3
      108 words
    • 118 8 CLOSE DOWN 2230-172.0 -5.0 JMH DBXT MSTaiwan 10US$ 1274 -70.0 -3.6 WBL Cor| 344 -43.Q -11.1 UOB 5.05%NCPS 100 9500 -40.0 -0.4 Cifr ES.0905 768 -39.0 -4.i S I A 1192 -28.0 -2.3 Cifr 780 -25.0 -3.1 SIA.ES.0905 1194 -24.0 -2.0 NobleGri IBLeCW*****2 42.5 -20.5 -32. DBS Bk6% NCPS
      118 words
    • 84 8 May 12 %CHNG CLOSE FRMay11 YR SSLOW R2009 S$ HIGH USS 1.4574 0.14 1.5579 1.4308 Euro 1.9888 -0.19 2.0732 1.9150 Pounds 2.2260 -0.93 2.2712 2.0356 AS 1.1146 -0.01 1.1146* 0.9453 Yen* 1.4935 -0.17 1.7278 1.4831 Rupiah* 0.***** 0.24 0.***** 0.***** Baht* 4.2182 0.03 4.3390 4.1040 Peso*
      84 words

  • Page 9 Advertisements
    • 40 9 FOREIGN MINING OWNERS IN INDONESIA In the new Foreign Investment Law, why risk using a NOMINEE for your mining concession? Swap your share to a public company and become an absolute majority owner. Contact: PT ENERGY CONTROL SYSTEM jjd sugi@yahoo.com.au
      40 words
    • 31 9 i** x We Begin Our Journey With You Unbelievable Price C I mo Baft J 87 Upper East Coast Rd Goodwill Court £JO^_«C f%C%QH Opp. Siglap Shell Station IPaC I OUOU
      31 words
    • 302 9 FINANCIAL REPORTING PAYROLL PROCESSING XBRL Filing Payroll Administration SWAT Accounting Leave Administration Routine Accounting GST Training Administration Reporting Staff Insurance Administration CFO2SME™ Claims Processing Business Crisis Management Employment Pass Work Permit Application STAFFING SOLUTIONS IT OUTSOURCING MANAGED SERVICES SAGE ACCPAC erp Technical Managed Services in Accounting SuPPort Implementation Services Business
      302 words

  • SINGAPORE NEWS
    • 588 10  -  WINSTON CHAI More than 392 govt IT tenders will be up for grabs in FY2009, says IDA CEO By LOCAL authorities will paint a silver lining for the battered technology sector by raising their annual IT budget to $1.73 billion this fiscal
      588 words
    • 381 10  -  ONG BOON KIAT By DUTCH digital document management vendor Oce is ramping up its Singapore operations despite downsizing and cutting costs elsewhere to battle the global downturn. The chairman of Oce's board of executive directors Rokus van Iperen, yesterday opened the company's new 34,000 square
      381 words
    • 263 10  -  VICTOR KATHEYAS By AN anti-pirate water cannon system was among the exhibits at the International Maritime Defence Exhibition and Conference Asia, a three-day event at the Singapore Expo. Developed by Swedish company Unifire, the system can be operated from one or several
      263 words
    • 388 10  -  AMIT ROY CHOUDHURY By PERSONAL computer software piracy in Singapore dropped one percentage point to 36 per cent in 2008. But dollar losses continued to increase, rising to US$l63 million from of US$l59 million in 2007, says the Business Software Alliance
      388 words
    • 179 10 NEW initiatives were announced yesterday by the Media Development Authority (MDA) to entice international film talent and projects to Singapore. The initiatives include an international film fund, a stereoscopic 3D development fund and Mediapolis one-north. The film fund will en- courage the
      179 words
    • 410 10  -  TEH SHI NING By SINGAPORE'S pandemic alert level will remain at yellow, even if confirmed Influenza A (H1N1) cases emerge here and the spread of infection follows, Health Minister Khaw Boon Wan said yesterday. This is as long as the virus' fatality rate
      410 words
    • 322 10  -  ZHANG Yl TING By MANDARIN Gallery, the high-end Orchard Road mall now undergoing a revamp, reported an 85 per cent occupancy rate yesterday five months ahead of its re-opening in October. Nearby Orchard Central, which is set to open in June, said last
      322 words
    • SINGAPORE ROUNDUP
      • 58 10 LAW firm Berwin Leighton Paisner says that aviation finance specialist Tom Budgett has relocated from London to Singapore to develop the firm's regional finance practice. He will be supported by two associates, David Brotherton and Davinia Brotherton. The firm's client base includes blue-chip names such as
        58 words
      • 57 10 gothere.sg has set up a website that provides the fastest, most convenient and cheapest routes between destinations to help drivers and public transport users. Drivers can select options such as "Try to avoid ERP" or "Avoid expressways" when planning routes. The service is free and
        57 words
  • Page 10 Advertisements
    • 207 10 g^NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SEAFORBES INVESTMENT PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION] (COMPANY REGISTRATION NO. *****0740 C) Notice is hereby given that pursuant to Section 308 of the Companies Act, Chapter 50, the Final Meeting of the Member of
      207 words

  • MALAYSIA/INDONESIA
    • 407 11 Reuters Appeals court delays handover to opposition; move may deepen rifts [IPOH] Malaysia's National Front government, armed with a court order, took control of disputed Perak state again yesterday in a development that will likely deepen political divisions in the country. An appeals court
      Reuters; REUTERS  -  407 words
    • 471 11  -  S JAYASANKARAN By in Kuala Lumpur NEW legislation to be tabled by the Labuan Offshore Financial Services Authority (Lofsa) governing all facets of business done in Malaysia's tiny tax haven east of Sabah will essentially focus on tightening up business
      471 words
    • 391 11  -  PAULINE NG Benefits include enhanced yields, competitiveness By in Kuala Lumpur MALAYSIA'S Sime Darby has successfully sequenced the oil palm genome, with the breakthrough expected to result in enhanced yields and increased competitiveness for the industry. The sequencing will help in producing new varieties
      391 words
    • 248 11 -AP [SINGAPORE] Scores of communities in Malaysia and Indonesia are being uprooted by rapidly expanding palm oil plantations as companies try to meet the expected demand for biofuels, environmentalists alleged yesterday. Speaking at a two-day seminar on palm oil, the Borneo Resources Institute of Malaysia and the World
      -AP  -  248 words
  • Page 11 Advertisements
    • 590 11 PQmQUUIQj Hfll your portfolio with new Lyxor ETFs! /v H j Iff? 'wWwwr^ *%rkr'-?' •wc- r -sm fc- r m\\ '^5 ____r ___r -w. -i i atf Mt _-^^^^gßr^___^________i^______r [!___________i^_______? v^^____^_____i^______l Enjoy the "All-in-One" benefits of transparency, liquidity, cost efficiency and intraday trading. f Lyxor ETF Eastern Europe (CECE EUR)
      590 words

  • ECONOMY WATCH
    • 561 12 AFP, AP, Bloomberg AUSTRALIAN BUDGET First recessionary Budget in 2 decades will create record AssBb deficit [CANBERRA] Australia yesterday unveiled a sweeping As 22 billion (5524.5 billion) infrastructure-build-ing plan in its annual Budget aimed at saving more than 200,000 jobs amid a "brutal" global
      AFP,; AP,; Bloomberg; BLOOMBERG  -  561 words
    • 413 12 Bloomberg Firms need further internal exams to spot risks, he says [WASHINGTON] Federal Reserve chairman Ben S Bernanke said he is encouraged by US banks' plans to raise capital after government stress tests and indicated that firms need to conduct further internal exams
      – Bloomberg  -  413 words
    • 235 12 Reuters [VIENNA] Business sentiment worsened among companies operating in Central and Eastern Europe in the three months to April, although the pace of the fall slowed due to resilience in countries like Poland and the Czech Republic. The Thomson Reuters OeKB Central and Eastern European
      – Reuters  -  235 words
    • 559 12 Bloomberg Proposed changes will help pay for healthcare reforms [WASHINGTON] President Barack Obama is increasingly turning to financiers and the firms that employ them as a source of revenue to plug holes in his budget and what he sees as gaps in the tax code
      Bloomberg  -  559 words
    • 399 12 AP, NYT [SAN FRANCISCO] If the Obama administration responds more aggressively to antitrust complaints, some of technology's biggest companies could have to rethink their business strategies or expansion plans. The administration said on Monday that it will restore an aggressive enforcement policy
      AP,; NYT  -  399 words
    • 564 13 Bloomberg Insurer's liquidity is being stabilised, he says in remarks for congressional hearing [NEW YORK] American International Group Inc (AIG), the insurer bailed out four times by taxpayers, does not need more government aid, said chief executive officer Edward Liddy. "We are stabilising
      Bloomberg  -  564 words
  • Page 12 Advertisements
    • 1072 12 NOTICES SHINHAN BANK (INCORPORATED IN THE REPUBLIC OF KOREA) CONSOLIDATED BALANCE SHEETS CONSOLIDATED STATEMENTS OF INCOME As of December 31, 2008 and 2007 For the years ended December 31,2008 and 2007 2008 2007 2008 2007 Millions of Millions of Millions of Millions of Korean Won Korean Won Korean Won Korean
      1,072 words

  • Page 13 Advertisements
    • 431 13 M^^Kl v a v k MMam^ffiSE^^^^M TOSS. TURN. TASTE. THRILLED? BARBECUE Seated by the pool on a wooden deck, the balmy breeze enhanced the setting while we shared an evening that is imprinted in one's memory forever. The banter flowed as freely as the beer and wines while the team
      431 words

  • INDIA/GREATER CHINA
    • 724 14 Bloomberg Production dragged down by capital goods; analysts expect turnaround [NEW DELHI] India's industrial production fell the most in 16 years in March as the worst global recession since World War II damped demand for the nation's exports. Output at factories, utilities
      Bloomberg; REUTERS  -  724 words
    • 251 14 Bloomberg It'll use the funds for exploration, refining, overseas projects [BEIJING] PetroChina Co, the world's second-biggest company, obtained shareholders' approval to issue as much as 100 billion yuan (5521.35 billion) of bonds and will use the funds for exploration, refining, pipeline and
      – Bloomberg  -  251 words
    • 281 14 -AFP [TOKYO] Japanese drug maker Daiichi Sankyo said yesterday that it lost 335.8 billion yen (Sss billion) in the year to March because of a plunge in the value of its investment in India's Ranbaxy Laboratories. It booked a loss of 351.3
      -AFP  -  281 words
    • 413 14 [DUBAI] State-owned smelter Dubai Aluminium Co (Dubai) will be holding talks with the Indian government on its bauxite alumina project in Orissa state next month, its chief executive said yesterday. The bauxite mine and alumina refinery and smelter, a joint venture with
      413 words
    • 226 14 Reuters [BEIJING] China's banking watchdog published draft rules for the establishment of consumer finance firms yesterday, as part of a government plan to encourage domestic consumption and support economic growth. The proposed companies will provide personal loans to finance purchases of consumer durables,
      – Reuters  -  226 words
    • 786 14 aioomuvry FIGHT FOR NINA WANG'S BILLIONS [HONG KONG] It's a tale of love, murder, feng shui and US$4.2 billion. For the second time in a decade, the wealth amassed by property tycoon Teddy Wang has ended up in Hong Kong's high
      – aioomuvry; APPLE DAILY FILE PHOTO  -  786 words
  • Page 14 Advertisements
    • 24 14 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES Xl
      24 words

  • ASIA-PACIFIC/WORLD
    • 497 15 Reuters It won't single out banks that need capital, outcome will be confidential [BRUSSELS] The European Union will stress test its banking system by September to determine its resilience to the economic downturn and find out if it is adequately capitalised, EU
      Reuters  -  497 words
    • 646 15  -  \NTHONY ROWLEY ,okyo Future cooperation will be in areas like telecoms, carmaking By. JAPAN and Russia agreed yesterday on a significant expansion of mutual economic ties with the signing by visiting Russian Prime Minister Vladimir Putin and his Japanese counterpart,
      REUTERS  -  646 words
    • 295 15 -AP [NEW YORK] Citigroup is using its US$45 billion in government capital to make nearly that much in new loans. Citigroup said that its committee overseeing the use of taxpayer money approved U5544.75 billion in lending initiatives as of March 31. That is up
      -AP  -  295 words
    • 614 15 -AP [TOKYO] For Japanese electronics makers, the last fiscal year was one they'd like to forget. Especially Hitachi, which yesterday set the wrong kind of record. It posted the biggest ever annual loss by a Japanese manufacturer, and warning of more red ink,
      -AP  -  614 words
    • 507 15 Reuters [CANNES] The Cannes film festival opens today with the 3D animation comedy Up but with studios cutting back due to the recession, the "feel good" factor at the famously extravagant cinema showcase may quickly fade. Vanity Fair's exclusive party has been cancelled, luxury yachts
      – Reuters; REUTERS  -  507 words
    • 419 15 -NYT [DETROIT] General Motors does not plan to sweeten its debt exchange offer to bondholders, even though its failure would probably push the company into bankruptcy, GM's chief executive said on Monday. Bondholders, who hold more than US$27 billion in GM debt, have until
      -NYT  -  419 words

  • Transport HUB
    • 373 16 Bloomberg Company hit by drop in freight rates [COPENHAGEN] AP Moel-ler-Maersk A/S, owner of the world's largest container line, posted a first-quar-ter loss and may lose money at the full year after freight rates declined because of falling trade. The net loss, including
      Bloomberg  -  373 words
    • 327 16 Bloomberg [HONG KONG] Daewoo Shipbuilding Marine Engineering Co, the world's third-largest shipbuilder, said profit rose for a second straight quarter as the weaker won helped increase overseas earnings. Net income gained 23 per cent to 96.3 billion won (Ssll3 million) in the first quarter
      – Bloomberg; BLOOMBERG  -  327 words
    • 156 16 -Reuters [LONDON] Braemar Shipping Services Pic said yesterday pre-tax profit for the year to Feb 28 rose 10 per cent due to steady transaction volumes and the strength of the US dollar and sees positive overall prospects for the current year. The provider of
      -Reuters  -  156 words
    • 279 16 12 ii Vol CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.52 0.23 1.34
      279 words
    • 365 16 Reuters 3 major shipping firms planning to invest in Kaohsiung [KAOHSIUNG] Three major Chinese shipping companies plan to invest in the biggest Taiwanese port, Kaohsiung, a top port official said yesterday, as China and Taiwan forge closer trade ties. China Cosco, China Shipping Container
      – Reuters; BLOOMBERG  -  365 words
    • 171 16 ters -Rev- [LONDON] World shipping markets face at least two more years in the doldrums as excess ship orders depress rates, the Financial Times quoted a senior shipping executive as saying. Tor Olav Troim, an aide to Norwegian shipping magnate John Fredriksen, said it
      ters; -Rev  -  171 words
    • 612 16 [SINGAPORE] For the world's busiest port, technology is vital in ensuring that operations and services are delivered efficiently and effectively round the clock. To further enhance navigation in Singapore's port waters and its approaches, the Maritime and Port Authority of
      FILE PHOTO  -  612 words

  • TRANSPORT HUB: SHIPPING
    • 855 17 Reuters Bullish market behind buying sentiment, particularly in prompt timespreads, say traders [SINGAPORE] Shipping lines have hastened their fuel hedging since early April as oil's recent rally worried end users that the price of already tightening marine fuel supply will move further against them.
      Reuters; AP  -  855 words
  • Page 17 Advertisements
    • 2649 17 _L^l A. J_^^^ I > Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg 2 llf A ch.na ufestyle beverages group l.m.ted .CA Bangkok Bank Public Company Limited (incorporated in Bermuda) (INCORPORATED IN THAILAND) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be
      2,649 words

  • TRANSPORT HUB: AVIATION
    • 656 18 Reuters Results hit by new charge for delayed A4OOM military transport plane [PARIS] Airbus parent EADS yesterday posted a 70 per cent slide in firstquarter operating profit after a new charge for its delayed A4OOM military transport plane, and cut its forecast for civil
      ■ Reuters; ■B AP  -  656 words
    • 2561 18 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 Bouraq Airlines (BOU), BR
      2,561 words
    • 466 18 JAL in red forecasts another annual loss Bloomberg It is hit by waning demand, slowing economy, swine flu [TOKYO] Japan Airlines Corp careened deep into the red last fiscal year and forecast another annual loss even as it slashes costs this year by half a billion dollars. Asia's biggest carrier
      Bloomberg  -  466 words
    • 69 18 Bloomberg [DUBAI] Emirates, the biggest Arab airline, will add 12 new flights a week to five destinations in the Middle East, taking the total to the region to 197. The airline will add new weekly services to Kuwait, Amman, Damascus, Sanaa and Doha from its
      Bloomberg  -  69 words
    • 256 18 Bloomberg [VIENNA] Deutsche Lufthansa AG's offer to buy Austrian Airlines AG for 4.49 euros a share was accepted by more than 85 per cent of the owners of the stock as the German carrier seeks a fourth acquisition in 18 months. Investors who didn't
      – Bloomberg  -  256 words
  • Page 18 Miscellaneous
    • 230 18 CRYPTIC CROSSWORD ACROSS commercial message (5) 26 Elegant old cow maybe (4) 27 Is setter, we fancy, wily? (10) g A p an hurting me terrib y in a DOWN S.IO) POlitiCa' SitUati°n YESTERDAY'S SOLUTION 1 Prepare in Prohibition to be a 15 To add detail is complicated Across: 1
      230 words

  • TRANSPORT HUB: AVIATION/LAND
    • 584 19 -NYT Fees enable airlines to win bookings from customers using websites [ATLANTA] The onslaught of more airline fees on everything from checked bags to seat assignments is helping airlines bring in more cash, but for travellers it can mean muddled comparison shopping
      -NYT  -  584 words
    • 446 19  -  SAMUEL EE Reports by THE official opening last month of Yokohama Rubber Co's 2.5 billion yen (Ss37 million) tyre test centre in Rayong, Thailand, will pave the way for research and development by the Japanese tyre maker in the region. "The proving ground
      446 words
    • 270 19 THE year 2008 was a tough one for the tyre industry in Asia. And 2009 is not much different so far. But Yokohama hopes things will change later this year. Japan's No 2 tyre maker after Bridgestone began feeling the impact of the
      270 words
  • Page 19 Advertisements
    • 2534 19 J_^l \^>/ A. J_^^ 3~i k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg In the matter of The Companies Act, j^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^k WONG LUNGJIPTE LTD 1-^ i^— /IN. H T ililA. I _J [Company No. *****153SD) Tfcinscu Group Limited 10 DESVOEUX ROAD, CENTRAL STATUTORY DECLARATION BY X HONK K^nNa DIREaORS OF COMPANY'S
      2,534 words

  • EDITORIAL & OPINION
    • 478 20 THE easing of Singapore's pandemic alert level on Monday, from orange to yellow, was a welcome development. It now appears that the risk of a rapid and deadly spread of the Influenza A (H1N1) virus from its Mexico epicentre is lower than was originally feared. However,
      478 words
    • 1336 20  -  LIM TECK CHANG We need to make food affordable and its production more sustainable and efficient By HOW do we put food on our tables? Once, people simply relied on their local farmers. Today, we depend on a global web of growers,
      REUTERS  -  1,336 words
    • 773 20  -  ROBERT SAMUELSON The Washington Post Writers Group THE BOTTOM LINE "(THE US tax code is) full of corporate loopholes that makes it perfectly legal for companies to avoid paying their fair share. President Barack Obama, May 4 Like it or not, ours is
      – The Washington Post Writers Group  -  773 words
    • 1362 21  -  ARTHUR SIM Prevention may be the best course of action for Singapore to avoid a lost decade like Japan's M HILE the government has accepted the widely articulated view including by the International Monetary Fund that economic recovery, when it does come, will be slow
      FILE PHOTO  -  1,362 words
    • 946 21  -  SELIG S HARRISON LAT-WP By TO AMERICAN eyes, the struggle raging in Pakistan with the Taleban is about religious fanaticism. But in Pakistan, it is about an explosive fusion of Islamist zeal and simmering ethnic tension that have been exacerbated by US pressures for military action
      – LAT-WP; REUTERS  -  946 words


  • SINGAPORE STOCKS
    • 8638 22 Transaction date: May 12 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E Smil 8 3 3148 8Telecom 10 2.5 5834 A-Sonic 30.5 12 5000 ABRHIdgs 16 5.5 1938 AEICorp 9 1 1100 AEM 23 7 2101 APOil 76.5 26.5 5550 ARA 8.5 2.5
      8,638 words
    • 1615 23 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net ('000) High Low Buyer Seller C'vr P/E M Cap $mil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 4 05 1501 s Advanced System 10.5 2 3480 t Adventus 27.5
      1,615 words
    • 333 23 52-Wk Tel High Low Code Last Sale Vol COOO) Day 111 Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Conn _Hm 109 100 6389 ABFSG Bond ETF 109 982 427 CIMBAsean40 1OOUS$ US589 -13 232 149 DBS STI ETF 100 220 unch 2288 1682
      333 words
    • 260 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 offer
      260 words
    • 9202 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.776/ AIGIF S'pore Bond Fund/A 1.239/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.88/ APS Alpha Fund (USD)!** 0.6/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5192/ APS Komaba Global
      9,202 words
  • Page 22 Advertisements
    • 14 22 HfiP^' WHERE EXTREMES MEET llißiifc:-;^r^™^*^^-^■-<%SimBL ■>, For enquiries, Tel: (65) 6238 6678 www.audemarspiguet.com <?6y^^■-^t^ffi'v J^^^T*^^*^^^^»gv^ '>*-'
      14 words


  • FINANCE & COMMODITIES
    • 360 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change May 11 World Index Preliminan 698.2 -1.2 3.0 -1.0 4.1 -0.8 2.1 EAFE Preliminai 671.5 -0.8 3.4 -0.1 3.8 0.1 2.. Euro[ Preliminan 926.3 -1.2 1.6 -0.6 3.1 -0.4 1.1 Pacific 577.7
      360 words
    • 124 24 As at 9am May 12 )i foreign currency: lurrencies Bid Offer lust dollar 1.1020 1.1350 .an dollar 1.2480 1.2630 luro 1.9770 2.0000 IZ dollar 0.8700 0.8890 iterlini ind 2.2010 2.2270 JS dollar 1.4560 1.4720 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer Ihi
      124 words
    • 158 24 May 12 Xterniqht 1/16 -month 7/16 -months 9/16 l-months 11/16 Overnight mode: 1/16 IS$ Offer 1/32 3/16 5/16 7/16 BJd 1 days I month I months months d months months I I. (All 0.35 0.50 0 90 1.10 1.60 2.00 2.10 Offer 0.25 0 40 0.60 0.80 1.20
      158 words
    • 22 24 May 12 STI IIMSCI Ma' 263.5 267.7 264.4 "aiwan Ma> 243.7 244.0 237.4 Source: MF Global (S) He. Ltd
      22 words
    • 18 24 May 12 Bid Offer -month 1.4572 1.4593 1.4571 1.4592 {-months 1.4568 1.4590 >-months 1.4566 1.4589
      18 words
    • 59 24 May 12 lelivery lonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position Vlay 09 2843 lun 09 2750 lul 09 2680 <\ug 09 2624 Total o/p: ***** contracts 2860 2880 2843 2795 2805 2750 2725 2736 2678 2670 2679 2620 Turnover: ***** Market tone:
      59 words
    • 290 24 May 12 URODOLLAR FUTURES unO9 iepO9 DecO9 VlariO 99.1850 99.1400 98.9250 98.7900 5192 3267 3168 2734 EUROYEN TIBOR FUTURES unO9 99.450 99.450 iepO9 DecO9 99.525 99.525 VlariO 99.500 99.500 un10 iep10 Dec10 \/lar11 99.450 99.525 99.500 99.450 99.520 99.525 99.495 99.460 99.380 99.335 99.250 2 63 34
      290 words
    • 187 24 May 12 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l lots) lunO9 lul 09 168.5 \ug 09 iep 09 DctO9 171.0 \lov09 171.5 168.5 158.0 158.0 168.0 168.5 168.5 169.0 170.5 171.0 330 20 20 92 92 825 738 788
      187 words
    • 88 24 May 12 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****E 13.08.09 -Year BY*****W 03.05.10 0.22 0.33 0.18 0.16 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Day's High Low !-Year N*****0E 3.125 i-Year NX*****F 3.625 '-Year N*****0S 2.875 0-Year NYO31OOA 4.000 5-Year
      88 words
    • 101 24 May 11 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 09 1130.00 1134.00 1134.00 1113.00 Jul 09 1116.00 1111.50 1116.00 1086.50 Aug 09 1076.00 1073.50 1075.00 1051.00 Sep 09 1025.00 1021.50 1024.00 1001.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 39.28 39.30 39.25 38.80
      101 words
    • 75 24 CRUDE OIL PRODUCTS May 11 origin^ t/barrel Close Cham irent blend (1-Mth F) 57.89 -0.0: VTI (Near Mth) 58.20 -0.2I iubai (1-Mth F) 56.18 -0.6. "apis blend 60.05 -0.6! i/linas 58.30 -0.6I >RODUCT JS$/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene 49.60 54.45 -0.9! 0.2! US$/barrel )pec Oil Basket Price
      75 words
    • 446 24 May 12 iuro 'en (on 'eso lam 'ouni Australia 0.888 5.214 0.560 5.923 37.695 79.291 0.746 9.498 2.687 1.262 61.514 36.073 1.115 6.461 0.844 25.133 26.424 0.503 0.76. Canada 1.126 5.869 0.630 6.667 42.430 89.251 0.840 10.692 3.025 1.420 69.242 40.604 1.255 7.273 0.950 28.290 29.743 0.566
      446 words
    • 69 24 May 12 mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates (S$) mth 0.***** mths 0.***** mths 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.*****
      69 words
    • 161 24 May 12 Zurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: 0.7641 0.7644 Australian dollar 1.1135 1.1155 Canadian dollar 1.2534 1.2556 0.8601 0.8604 iuro 1.9901 1.9933 1.3656 1.3659 IZ dollar 0.8822 0.8840 0.6054 0.6058 Sterlinc md 2.2139 2.2174 1.5192 1.5195 IS dollar 1.4573 1.4593
      161 words
    • 134 24 May 12 /oz) !ay_ \ay_ Hong Kong .ondon 815.20 911.70 816.20 912.70 May 11 May 08 912.85 910.60 914.05 911.60 Source: Thomson Reuters CAST BAR (S$) May 12 Buying Sellini Kilobar "46,286.06" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm iOgm OOgm oz ozUBS Kinebar™
      134 words
    • 63 24 May?; minimum, 99.7 jrity (US$/tonne) Co Close Previous :ash 1501.00 months 1539.00 1508.00 1544.00 Copper, Grade A (US$/tonne) :ash months 4541.50 4565.00 4667.00 4685.00 .ead (US$/tonne) :ash 1416.00 months 1426.00 1455.50 1465.00 lickel (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 'in (US$/tonne) :ash *****.00 *****.00 months *****.00 *****.00
      63 words
    • 74 24 May 11 (£/tonne) Close Prev Hii ih/Low Way 09 1769 1831 1841/1764 ul 09 1719 1744 1756/1716 iepO9 1716 1740 1750/1715 Dec 09 1713 1737 1746/1710 IOFFEE (US$/tonne) Close Pev High/Low Way 09 1484 unch 1505/1492 ul 09 1508 1498 1533/1498 iepO9 1521 1511 1540/1515 SUGAR (US tonne) White
      74 words
    • 2245 24 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left >036AdvanceSCTLtdW*****9 0.5 susp 1 87 2400 7.00 15 3092 Asia Environment W*****4 5 1 38 169 3.20 3 1481 Asia Water Tech W*****0 18.5 5816 #Asiasons Capital W*****7 5
      2,245 words

  • Page 25 Advertisements
    • 2955 25 m The Business Times Shipping Times m H^| iTTHy yTTn TIjTHH B wan hai international pte ltd uen i99?*****m r^v Bk^B^Jl W B^E JHMCOE'BfrjwfjLf VTr/V 1Af nil ■>■.« TEL *****588 (14LINES) FAX:*****163 1 B^. 111 I IiTE^TIB BffmSßffrWffßilfflllPß VVI I WAN HAI INtj PHI TEL: <03) *****88S FAX: («3) *****238
      2,955 words

  • Page 26 Advertisements
    • 3097 26 r^VHEIIiBD^^^^^HI In E EASTERN CAR LINER, LTD I[© ijljJ^/JZ I ■g^gl \f- ~"-_l specialize in roro heavy lift UPTO 450 tons~| I WEEKLY EXPRESS SAILING SCHEDULE I I ■TT™^wT_nTw_T"TJT_^____________________________________^^^^^~^^^^^^^^^^^~^^^^^^^^^^^^~^^^^^^^^^^^^~^^^^^^^^^^™^^^^^_^^^^™^^^^^^^^^^~^^^^^^^^^^™^^^^^_^^^^~^^^^n ____ii^yl I*MM_ M t^H^Tt^ vI t^H^I^IKiTTTB? I I t^w^h*h^PTß i ifi fiViii^B PCL/PHL SERVICE '"^'^''^'''TP-ERVlCE^*^^'^^^^ I oloATßArtt^ T .joajKJi. lillin#T) MNL
      3,097 words

  • EXECUTIVE MONEY
    • 1198 27  -  TOM PETRUNO -LAT Despite 'green shoots' in the recovering US economy, there is a glaring lack of faith in the longer term By THE US economy is no longer in a free fall. Everyone has heard that by now, whether or not they feel that
      -LAT; BLOOMBERG  -  1,198 words
    • 666 28  -  GENEVIEVE CUA They'll pick a few banks that can help manage risk Deutsche Bank MD By i THE financial crisis is likely to lead private wealth clients to consolidate their accounts with fewer, rather than more, banks, says Deutsche Bank managing director Anurag
      666 words
    • 1519 28  -  NORMAN VILLAMIN Be wary and focus, in particular, on the sustainability of recent US and Chinese stimulus efforts to support the nascent recovery ITH sightings of "green shoots" emerging across the global economic landscape, hope is growing among investors that the credit crisis
      Source: Bloomberg and MSCI  -  1,519 words
  • Page 27 Advertisements
    • 299 27 I r~_7-~" ..".Tf:.-" Mil'i'il, „,i|i'ii«il||| l |ii|i |l -I I_- p 'i| 'I 1 I SB I I I -•a I Our self-directed and intuitive multi-asset online trading platform is what every serious trader needs. With SaxoTrader, you'll be able to monitor your positions in real time on live prices
      299 words

  • Page 28 Advertisements
    • 79 28 >'!i^^^^k^^. tm V^^^Hk. s^^^^Kr 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, futures
      79 words
  • Page 28 Miscellaneous