The Business Times, 18 May 2009
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2009-05-18
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The Business Times
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Title Section20 2009-05-18 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|]^l A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Monday, May 18,200920 words
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Article, Illustration791 2009-05-18 1 NISHA RAMCHANDANI - NISHA RAMCHANDANI Some extending special rates till July 2 months before the race as clients shop for the best deals By [SINGAPORE] In difficult times, late birds can still get the worm. With companies playing hard to get, Singapore hotels appear to be prolonging theirAP - 791 words
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594 2009-05-18 1 JAMIE LEE - JAMIE LEE But recent rally may force re-look of such plans, offer prices By [SINGAPORE] It used to be exciting stuff when companies were taken private more so if it involves the exit of a household name or high-profile company. Some notable594 words
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MARKETS DIGEST
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Article51 2009-05-18 1 >T Index 2,139.78 -98.43 1 COMP 1,014.21 -12.57 IIKKEI225 9,265.02 -167.81 IANG SENG 16,790.70 -599.17 ;et index 533.92 +6.20 JAKARTA COMP 1,750.91 -111.62 1ANILA COMP 2,308.70 +66.72 ;eoulcomp 1,391.73 -20.40 ;henzhenb 401.40 +13.61 IUMBAI IND 12,173.42 +296.99 )OW 8,268.64 -306.01 IASDAI 1,680.14 -58.86 ;&P 500 882.88 -46.35 =TSE 4,348.1151 words
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Article29 2009-05-18 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.398 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.53 INDIA 12.25 Source:Bloomberg - 29 words
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Article46 2009-05-18 1 IS$ (S$ per US$) 1.46' (US$/S$ >er£) 1.524 2.23' EURO (US$,S$/E) 1.359 Foreign currency per US$ 1.99: S: 'EN 95.30 65.0I 3.547 2.41 IK$ 7.751 5.28! !AHT 34.53 23.5 1 lUPIAH 10,410 7,091 1ENMINBI 6.826 4.65. INDIAN RUPEE 49.59 33.82 1.322 0.902 IZ$ 1.695 1.15146 words
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Page 1 Advertisements
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Advertisement219 2009-05-18 1 "I believe it's a result of putting your whole self into your work." Josephine (Obin) Best Private Bank 2008 Komara, responsible for the renaissance of batik as an haute-couture fabric, Awarded by FnanceAsia Solo, Indonesia Best Boutique Private Bank Ask Indonesia's Josephine Komara about making her acclaimed and precious fab-219 words
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Page 1 Miscellaneous
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Miscellaneous52 2009-05-18 1 $bfl DINING OUT VIEWS FROM fp3 NANYANG BUSINESS BizlT *Z*&~*i' Old world flair THE TOP SCHOOL AMD sets up i% at Raffles Stock market rally: m k Interim dean Gillian Yeo on why Asia-Pacific HQ here "«IP^^ page 14 bull or bear? pages 12-13 ft ex-dean Singh quit page 1052 words
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TOP STORIES
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682 2009-05-18 2 MEIL BEHRMANN - MEIL BEHRMANN India, Indonesia, China, Spore stand out with gains of above 35% By T in London ASIAN markets have outperformed North American and European markets by a wide margin. During the bear market, the few bullish strategists were forecasting that682 words
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Article, Illustration928 2009-05-18 2 ANDREW MARKS - ANDREW MARKS WALL STREET INSIGHT Some expect mild retreat others think market may retest March lows By in New York US STOCKS have soared over the past two months as investors flocked back to the market, relieved that the financial system had narrowly avoided■ AFP - 928 words
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THREE-MINUTE DIGEST
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84 2009-05-18 2 IN difficult times, late birds can still get the worm. With companies playing hard to get, Singapore hotels appear to be prolonging their "early bird" rates for Fl bookings. Some are extending their special rates to as far as July just two months84 words
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76 2009-05-18 2 IT used to be exciting stuff when companies were taken private. But all that has changed with the credit crunch. With the markets on Prozac, recent offers have been pegged to poor valuations that fail to entice buyers, market watchers said. However, one market watcher76 words
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63 2009-05-18 2 ASIAN markets have outperformed North American and European markets by a wide margin. During the bear market, the few bullish strategists were forecasting that Wall Street would outpace Asian markets until their exports recovered. Instead, Asian markets with smaller market capitalisations63 words
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68 2009-05-18 2 FINALLY, a price benchmark has been set for a CBD office block in Singapore. Parakou Building, at the corner of Robinson Road and McCallum Street, has changed hands at $81.38 million or $1,280 per square foot of net lettable area, BT understands. A68 words
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68 2009-05-18 2 WHEN the economy plunges, so do sales of luxury items. The current recession is no exception. The Art Folio Gallery, which specialises in Asian art, has seen a 50-70 per cent drop in business over the year. Private operators like Wetterling Teo Gallery,68 words
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64 2009-05-18 2 CAPITALAND has sold another 24 apartments over the weekend at The Wharf Residence at Tong Watt Road, off Mohamed Sultan Road, the listed property group said yesterday. The apartments are priced at between $1,300 and $1,600 per square foot inclusive of a64 words
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67 2009-05-18 2 FRESH and deep recession data is doing little to dampen "green shoots" talk that the global crisis is beginning to bottom out, although analysts are forecasting a long bumpy journey to recovery. Economists have seen a light on the horizon in recent67 words
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42 2009-05-18 2 THE re-election of India's Congress party should provide five years of political stability to push vital reforms and growth that could help lift millions out of abject poverty, economists say. GREATER CHINA/INDIA, PAGE 1742 words
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Article51 2009-05-18 2 GUNNING for more growth from this region while priming itself for the anticipated quicker bounce-back of Asia from the global downturn, computer chipmaker Advanced Micro Devices has moved the reins of control of Asia-Pacific, including sales and marketing, from the US to Singapore. BIZIT, PAGE51 words
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456 2009-05-18 4 UMA SHANKARI - UMA SHANKARI Lawyers for both buyers and sellers look at the new deadline of May 22 By [SINGAPORE] The consortium that bought the Gillman Heights condo site in a collective sale has "every intention" of completing its purchase, its lawyers said in a456 words
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Article, Illustration590 2009-05-18 4 JESSICA YEO; ZEINAB YUSUF - JESSICA YEO ZEINAB YUSUF By, and WHEN the economy plunges, so do sales of luxury items. And the current recession has not bucked that trend. "Artworks are luxury items, so in such times people will hold off purchases," says the manager of Art590 words
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Article, Illustration382 2009-05-18 4 KALPANA RASHIWALA - KALPANA RASHIWALA Price works out to 36% below what seller paid in 2007 By [SINGAPORE] Finally, a price benchmark has been set for a CBD office block in Singapore. Parakou Building, at the corner of Robinson Road and McCallum Street, has changedYEN MENG JIIN - 382 words
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Advertisement433 2009-05-18 2 I |BDO Regional Tax Conference 2009 vSVffnflj^SnEnSmlSfl companies expand their operations into newer markets and territories, tax planning and compliance becomes critical. ■■^■■■■■yIUBHBSvT^ India and Thailand have regulations and restrictions regarding Date- 4 Tune 2009 foreign investment while China has introduced new regulations I Venue- Sheraton Towers on tax withholding433 words
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Advertisement106 2009-05-18 3 I II Issued by The Hongkong and Shanghai Banking Corporation Limited, which is incorporated in the Hong Kong SAR with limited liability. The image of the HP Mini notebook featured is for illustration purposes only, and does not reflect the actual unit that the customer would receive. To become an106 words
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Advertisement277 2009-05-18 4 Broadcast s *****9 iNTERnc-nOTiE^ The 14th International Digital Multimedia Entertainment The 3rd International Interactive, Digital Media Entertainment Technology Exhibition Conference Exhibition Conference 19 JUNE I 10.30 am 6pm 10.30 am 4pm Asia's Top Broadcasting, Multimedia Entertainment Technology Event EVENT HIGHLIGHTS Exhibition Digital Signage First at InteractiveDME 600 world-class vendors Regional277 words
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Advertisement49 2009-05-18 4 GOOD GAINS Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. /^/y Jackpot for this week I^s/09 SINGAPORE IPLAYi Ataays play with care. Towards Community W^—A IresponsiWf Do not bet illegally. Purpose end Benefit J RGB Reg No **********49 words
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Advertisement69 2009-05-18 5 Combining ingenuity world economy, and resource^, entrd refit curs build dynai companies that are vibrant ideas optimi into markets, and an unwavering commit are the lifeblood of t Major sponsors: J ARCIAYS FJI .9 WEALTH fei^f Sponsor: Official Official Official luxury Supporters: media station: newspaper: lifestyle magazine: €p A stfi69 words
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SINGAPORE MARKETS
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Article, Illustration776 2009-05-18 6 R SIVANITHY - R SIVANITHY STOCKS THERE'S nothing like a wild stock market rally to fire the imagination, stir the senses and get analysts talking about green shoots, V-shaped recoveries, virtuous cycles and the birth of a new bull market. From their March 9 lows776 words
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Article125 2009-05-18 6 COMMODITIES [LONDON] Oil hit a six-month high above US$6O this week, boosted by a falling US currency, but later retreated on a worsening demand outlook, analysts said. Oil: By Friday, on the New York Mercantile Exchange (NYMEX), light sweet crude for delivery in June rose125 words
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Article1829 2009-05-18 6 Payment (eta) Ex Books Pay date close date iTelecom Intl bn 0.111 05-Ma) 07-Ma) 22-M; iBR Hide ak 0.500 11-Ma) 13-Ma) 28-M; action Asia ak 1.200 05-Ma) 07-Ma) 19-M; \damj Ltd 1.000 05-Ma) 07-Ma) 22-M; advanced Hide an 1.000 04-Ma) 06-Ma) 19-M; ,EI Con ak 0.750 06-Ma) 08-Ma)1,829 words
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172 2009-05-18 6 CURRENCIES [HONG KONG] Asian currencies ended the week mostly lower against the dollar amid mixed views on whether the worst was over for the global economy. Japanese yen: The yen stood at 95.19 against the dollar in New York late Friday, up from 98.43172 words
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Article1433 2009-05-18 6 Source: Thomsonßeuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name \llgreen Prop oerties 2.75 2.92 12 4.99 15.12 0.57 0.77 ,RA Asset Mi 2.00 2.00 6.25 8.96 0.64 0.58 ,rmstroni Industrial Cor| 1.50 1.501,433 words
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Article58 2009-05-18 6 OTHER SINGAPORE INDICES CLOSE IT OB/OS 1260.00-121.0C IT CADI -*****.00 +26.0i IT 10-day MA -*****.00+126. TSE ST Mid Cap 458.13 -5.3. TSE ST Small Cap 401.85 -3.5: TSE ST All Share 518.29 +2.31 TSE ST China Top 216.65 -1.9' TSE ST China 217.87 -1.1 IOB Catalist 90.35 +1.3 iMSCI 260.9558 words
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Article58 2009-05-18 6 VOLUME Golden Agri 766,844,000 China Honqxinq 650,485,000 Diqiland 536,381,000 Abterra 423,221,000 Yanqzijianq 370,713,000 Noble Grp 330,033,000 China Sports 328,216,000 Sino-Env 313,618,000 Chart SemiCond 307,845,000 JiutianC 291,271,000 VALUE(S) DBS Grp 638,306,882 Wilmar 562,678,466 Noble Grp 501,938,180 UOB 457,778,123 Capita Land 441,244,956 Sing Tel 420,189,053 OCBC Bk 381,100,197 Golden58 words
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Article120 2009-05-18 6 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE UP iBXT FTChina25 10US$ 2396 290.2 9.0 iBXT S&P Short 10US$ 7112 208.1 2.0 LD 10US$ 9077 149.5 1.1 ICBC Bk4.5%NCPS 100 8700 120.0 1.4 ICBCCai :.93%Pref10 7170 120.0 1.7 'ilmar.ES.0905 447 74.0 19.8 ICBC Bk5.1%NCPS120 words
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Article101 2009-05-18 6 CLOSE DOWN 1160 -94.0 -7.5 I A IIA 200 1164 -92.0 -7.3 ;iA.ES.O9O5 1168 -92.0 -7.3 Con i.ES.0905 624 -91.0 -12.7 iBS.ES.0905 1116 -84.0 -7.0 ES.0905 762 -78.0 -9.3 ;gx 701 -76.0 -9.8 775 -74.0 -8.7 iTXPO 100 1394 -74.0 -5.0 ;GX.ES.O9O5 700 -73.0 -9.4 BY PERCENTAGE CLOSE DOWN101 words
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Article83 2009-05-18 6 May 15 CHNG CLOSE FRMayH YR2009 S$ LOW S$ HIGH USS 1.4671 0.13 1.5579 1.4308 Euro 1.9898 0.20 2.0732 1.9150 Pounds 2.2259 -0.46 2.2714 2.0356 1.1090 -0.79 1.1177 0.9453 'en* 1.5459 -0.35 1.7278 1.4831 Rupiah* 0.***** 0.37 0.***** 0.***** Baht* 4.2463 0.04 4.3390 4.1040 Peso* 3.082883 words
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COMPANY NEWS
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639 2009-05-18 7 ARTHUR SIM - ARTHUR SIM IF ONE accepts that FJ Benjamin's latest financial numbers are a fair reflection of what is happening in the retail industry, then the time might be right for mall owners to cut rents, if only to ensure their own639 words
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247 2009-05-18 7 ABALONE producer Oceanus Group announced over the weekend that it had successfully obtained funding of $73.5 million from private equity firms AIF Capital Asia 111 subsidiary Ocean Wonder International and Hupomone Capital Partners Singapore as well as strategic investors. The 9 per cent interest rate247 words
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Article87 2009-05-18 7 'BT In the black 256 In the red 89 As of Friday, 345 SGX-listed companies had released their financial results for the first quarter ended March 2009. They recorded a combined 554,736.5 m in group profits. The breakdown is as follows No with profits 256 No with losses'BT - 87 words
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Article, Illustration283 2009-05-18 7 About 80% of buyers for the 134 units sold to date are Singaporeans CAPITALAND has sold another 24 apartments over the weekend at The Wharf Residence at Tong Watt Road, off Mohamed Sultan Road, the listed property group said in a release283 words
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Article2998 2009-05-18 9 COMPANY CURRENT PREVIOUS S$m CHANGE CURRENT PREVIOUS s$m CHANGE COMPANY CURRENT PREVIOUS S$m CHANGE CURRENT PREVIOUS s$m CHANGE COMPANY CURRENT PREVIOUS CURRENT PREVIOUS S$m CHANGE s$m CHANGE 1 Wllmar Intl 577.55 521.43 10.8 7536.38 *****4.59 -30.6 120 Elec Eltek 5.37 19.59 -72.6 126.73 223.26 -43.22,998 words
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Page 7 Advertisements
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SINGAPORE MARKETS
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Article, Illustration1416 2009-05-18 8 TEH HOOI LING - TEH HOOI LING SMALL caps stocks continued to play catch up last week despite profit-taking on the blue chips. Three of our six portfolios chalked up rather significant gains while two were barely changed. One slid by 3.2 per cent. The biggest gainer is1,416 words
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1600 2009-05-18 8 ROBERT HALILI - ROBERT HALILI INSIDE MARKETS By THE buying was flat while sales rebounded last week based on filings on the exchange in the second week of May. A total of 10 companies recorded 16 insider purchases worth $750,000. The figures were not1,600 words
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SINGAPORE NEWS
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Article171 2009-05-18 10 Estnart Hldgs E Orchid Country Club, Ruby Suite, Social Clubhouse Level II, 1 Orchid Club Road, Singapore *****2 18-May 3.00pm Nee Hur Hldgs E Quality Hotel Singapore, Grand Ballroom, 201 BalestierRoad, Singapore *****6 19-May 10.30am JOA A 19-21-1, Level 21, UOA Centre, No 19, Jalan Pinang, 504 Kuala171 words
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Article397 2009-05-18 10 May 15 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 5397 words
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Article, Illustration672 2009-05-18 10 LEE U- WEN - LEE U-WEN Nanyang Business School head was shuttling between Spore and the US By IN THIS case, it wasn't all about the money. The new interim dean of the Nanyang Business School (NBS) has cleared the air on suggestions that former chief672 words
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Article, Illustration428 2009-05-18 10 CLARISSA TAN - CLARISSA TAN ARTS FESTIVAL By IF it's one thing acrobatic street theatre can give us that more modern forms of entertainment cannot, it's the building of an overarching myth based on the premise that we humans, however fragile and inconsequential, can still attempt to reachJOSEPH NAIR - 428 words
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382 2009-05-18 10 YEN SREENIVASAN - YEN SREENIVASAN 2 senior partners to head Skadden's Spore, HK practices By LEADING international law firm Skadden, Arps, Slate, Meagher Flom is boosting its Asian presence by appointing two senior partners to lead its Singapore and Hong Kong practices. The firm headquartered in New382 words
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Advertisement44 2009-05-18 10 Lianhe Zaobao I Ranßigf^ changes a for tip |S S-chip firms ill I as their I share prices I fluctuate nj J^g CHARTING DIRECTIONS 3 WATS Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. notices H44 words
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BT-CITIBANK YOUNG INVESTORS' FORUM
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Article, Illustration990 2009-05-18 11 The smartest way to survive is to be patient and flexible and mould yourself to face any difficulties, says VENKATESH NAGANATHAN THE world economy is shrinking. Many companies are retrenching a distressingly high number of employees. At this point in time we need to take a990 words
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Article, Illustration994 2009-05-18 11 CAMPUS LIFE University using new media technology to reach out to potential applicants. MAYBEL CHONG reports FLIP through the newspapers recently and you might have noticed an unconventional series of advertisements placed by the Singapore Management University (SMU). The ads focused on the theme of994 words
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Article204 2009-05-18 11 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 have204 words
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Advertisement46 2009-05-18 11 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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VIEWS FROM THE TOP
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Article, Illustration3694 2009-05-18 12 Stock market rally bull or bear? THIS WEEK'S TOPIC: Is the stock market surge since March a bear market rally, or is it likely to be sustained? Stefanie Yuen Thio Head, Corporate TSMP Law Corporation THE cracks in the world economy started with the problems with collateralised debt obligations (CDOs).FILE PHOTO - 3,694 words
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Advertisement2551 2009-05-18 13 X^l \*J A. A-^^J A-/ l 3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg Financial Report 2008 CC D Skandinaviska Enskilda Banken I Consolidated Balance Sheet at 31 December 2008 Consolidated Income Statement 2008 Head Office: KungStradg^rdsgatan 8, Stockholm, Sweden CHF million 2008 2007 CHF million 2008 2007 I Assets Continuing2,551 words
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DINING OUT
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Article, Illustration1513 2009-05-18 14 Audrey Phoon; Jaime Ec; Ch&ah Ui- Hoon - Audrey Phoon Jaime Ec Ch&ah Ui-Hoon NEW MENU Raffles Grill The Raffles Hotel 1 Beach Road Tel: 6412-1816 ONCE again, the Raffles Hotel has scored in its choice of a young French chef to helm the august kitchen of the Raffles Grill. Burgun-dy-born Denis Grioson has taken1,513 words
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Advertisement265 2009-05-18 14 \3jif Singapore Chinese Chamber Institute of Business BUSINESS g\ MANDARIN X J in FINANCE I 4jT- ym ACCOUNTING TERMS K^ BUSINESS iif < for BANKING PROFESSIONALS iMiIjHIBBM The following corporate training wtyfmlnfnrflllTFfwm programs are also available: HSKIMniifSHIIraMM RffßfffiWH Business Mandarin for the Legal profession BttlMpß2iii|MllMW|B9HPSHHi Business Mandarin for the IT265 words
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Advertisement38 2009-05-18 14 Australian Pure Beef Buy Direct from Western Australia Chilled, Aged Vacuum Packed 60 Day Chilled Shelf-life British Breeds at the Best Prices Wholesale Budget Prime Beef www.agricity.com.au CATS Recruit The first step on your ladder to success 8 <38 words
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ECONOMY WATCH
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585 2009-05-18 15 -AFP However, analysts are forecasting a long, bumpy journey to recovery [PARIS] Fresh and deep recession data is doing little to dampen "green shoots" talk that the global crisis is beginning to bottom out, although analysts are forecasting a long, bumpy journey-AFP - 585 words
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Article, Illustration528 2009-05-18 15 -AFP [FLORIANOPOLIS, Brazil] A few recent glimmers of economic hope emerging in the United States do not mean the global crisis is over, a top economist who advises US President Barack Obama said last Saturday. The crisis "is certainly the worst-AFP; REUTERS - 528 words
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569 2009-05-18 15 Reuters [LONDON] Sri Lanka's apparent difficulty securing a US$l.9 billion IMF loan with its conduct in its civil war becoming a key sticking point is a rare glimpse into how geopolitical importance can influence multilateral aid. While fellow troubled emerging economies– Reuters - 569 words
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Advertisement1149 2009-05-18 15 X^l V^>/ X. X^^^-Lk3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg COMMERZBANK Sil*, i 1.1-31.12.2008 1.1-31.12.2007 Assets 31.12.2008 31.12.2007 in Euro m _in Euro^n_ in Euro m in Euro m Interest received" 21J372 ~2i",925" Cashreserve 6,566 5,157" Interest paid 16,643 17,918 Claims on banks 62,969 74,043 Net interest income 4,729 4,0071,149 words
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MALAYSIA/INDONESIA
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Article, Illustration592 2009-05-18 16 PAULINE NG - PAULINE NG MALAYSIA INSIGHT BN should work to enable all concerned to move beyond the Perak crisis and to look forward IN the past month, Prime Minister Najib Razak has liberalised 27 services sub-sectors and further pried open the financial services sector. In short,592 words
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262 2009-05-18 16 AP Suspension ends as they comply with safety standards [KUALA LUMPUR] Six Malaysian shrimp and fish exporters resumed trading with the European Union (EU) on Friday after complying with European safety standards that ended a one-year suspension of their business. The Health MinistryAP - 262 words
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Article, Illustration185 2009-05-18 16 ■AP [JAKARTA, Indonesia] A species of birds able to fly immediately after hatching from eggs buried beneath the tropical sand has just been given its own private beach in eastern Indonesia, a conservation group said last Friday. Maleos chicken-sized birds with black hel-met-like foreheads■AP; AP - 185 words
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Article2115 2009-05-18 16 lay 15 RM Cooo] \&M Realty 0.43 0.16 advance Synergy 0.15 \dventa Bhd 1.01 Multi Hldgs 0.10 Win Holdings 1.66 \hmad Zaki Resou ....0.70 Me Corp 0.45 Mrasia Bhd 1.12 \kn Technology 0.16 Alliance Financi 2.20 aluminium Co 0.91 Amalgamated Ind ....0.50 tomb Hldgs Bhd ....3.18 Vntel Holdings2,115 words
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Advertisement840 2009-05-18 16 V*l7 -lrTs^rr>T^T*'ri To"free: 180°-289-8822 V IVIII L W Email: notices@sph.com.sg JL V^-/ JL JL^^ 1' kj www.cats.com.sg m. Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. |L Head Office Croeselaan 18,3521 CB Utrecht, The Netherlands Singapore Branch RdDODSnk 77 Robinson Road #09-00 Singapore *****6 EXECUTIVE BOARD AUDITOR'S REPORT Bert Heemskerk(H.), Chairman We have auc840 words
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GREATER CHINA/INDIA
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Article, Illustration609 2009-05-18 17 -AFP CONGRESS VICTORY Economists see more policies to boost growth and ease poverty [NEW DELHI] The re-elec-tion of India's Congress party should provide five years of political stability to push vital reforms and growth that could help lift millions out of abject poverty, economists-AFP; AFP - 609 words
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376 2009-05-18 17 -AFP Concerns over the safety of such assets did not deter Beijing [WASHINGTON] China is pumping more money into US Treasury bonds, recent data show, despite concerns expressed in Beijing in recent months over the safety of dollar-linked assets. Mainland China's holding of Treasury-AFP - 376 words
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440 2009-05-18 17 Bloomberg [NEW DELHI] Rahul Gandhi, heir to India's leading political family, may join the government after Prime Minister Manmohan Singh lauded his role in the ruling Congress Party's biggest election victory in almost two decades. Mr Gandhi "should be in the cabinet, but– Bloomberg - 440 words
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Advertisement1981 2009-05-18 17 w [SATO r/^^ JL^I V->/ JL JL V^J JLj k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg I INTHEMATTHIOF ll IN THE MATTER OF THE CO MPANIESACTCHWIER 50 THE COMPANIES ACT, CHAPTER 50 mtLUMI-ANItSAU.OMAI-ItHSU AND IN THE MATTER OF IN THE MATTER OF CHEMICAL TANKER SERVICE JCg^SL iJIJI Zr^Ul PWUHHU CompanyEßSo1,981 words
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ASIA-PACIFIC/WORLD
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Article, Illustration746 2009-05-18 18 Reuters, AFP Civilians freed but LTTE says chief Prabhakaran, 2,000 fighters are still holding out [COLOMBO] The Tamil Tigers yesterday conceded defeat in Sri Lanka's 25-year civil war, after launching waves of suicide attacks to repel a final assault by troopsReuters,; AFP - 746 words
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364 2009-05-18 18 -AP.AFP [LONDON] Lloyds Banking Group chairman Victor Blank will step down from his post by June 2010, the British government-control-led banking giant said yesterday. Earlier, a British newspaper reported that Mr Blank, the chairman of Lloyds Banking Group PLC, would step down-AP.AFP - 364 words
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303 2009-05-18 18 Reuters [SYDNEY] Australia plans to build the world's largest solar power station with an output of 1,000 megawatts in a Asl.4 billion (551.54 billion) investment, Prime Minister Kevin Rudd said yesterday. The plant would have three times the generating capacity of the currentReuters - 303 words
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Advertisement94 2009-05-18 18 Propel your marketing M J fj message far and wide with the whirlwind of creative possibilities that 0 The Asia One Network offers. Tailored to meet m^ specific marketing objectives, our capabilities enable you to stand out with eye-catching campaigns encompassing travelogues, -^1 sponsorships, co-branded events, joint M a promotions94 words
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WORLD
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183 2009-05-18 19 AFP [LONDON] Ruth Padel became the first ever woman Professor of Poetry at Oxford University after beating an Indian poet in an election on Saturday which ended an often bitter contest. Padel, a distant relative of Charles Darwin, was elected with 297 votesAFP - 183 words
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465 2009-05-18 19 Reuters Smaller groups may emerge victorious in European elections in June: polls show [LONDON] Britain's main political parties are likely to cede ground to marginal groups at next month's European elections because of public anger over a farreaching expenses scandal, opinion polls– Reuters - 465 words
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202 2009-05-18 19 -AP [AMMAN, JORDAN] An Israeli entrepreneur who has started what is believed to be the world's first tui-tion-free online university said on Saturday that he hopes the effort will expand education to less fortunate people around the world. Shai Reshef said that University of the-AP - 202 words
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Article, Illustration280 2009-05-18 19 Reuters [ZURICH] ÜBS, Switzerland's largest bank, said yesterday it has hiked the salaries of some investment bankers to guard against poaching by competitors. "There have been offcycle salary increases at ÜBS Investment Bank to retain employees in critical positions," ÜBS spokesman– Reuters; AP - 280 words
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Advertisement2657 2009-05-18 19 Consolidated Financial Statements For 2008 Deutsche Bank l^J (Incorporated in Germany) Consolidated Balance Sheet Consolidated Statement of Recognized Income in€m. [Notes] 31.12.2008 31.12.2007 and Expense Cas^and due from banks 9,826 8,632 in €m- ?55i iS2Z 2006_ Interest-earning deposits with banks 64,739 21,615 Net income (loss) recognized in the income Central2,657 words
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AVIATION/SHIPPING
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Article, Illustration716 2009-05-18 20 -AP Hearings reveal poor pilot pay, work conditions in regional airlines [WASHINGTON] Revelations about pilot pay and working conditions at the regional airline involved in an air crash that killed 50 in upstate New York have raised broader concerns that long-term structural changes in-AP; AFP - 716 words
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Article2579 2009-05-18 20 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), BR2,579 words
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333 2009-05-18 20 Reuters [LONDON] Shipping groups are looking into providing vessels capable of transporting carbon dioxide to offshore disposal sites as part of the European Union's push to curb greenhouse gas emissions, ship industry officials say. Carbon capture and storage (CCS) could keep up– Reuters - 333 words
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277 2009-05-18 20 Bloomberg Rising Chinese demand for iron ore cited for the rise [LONDON] The Baltic Dry Index, a measure of shipping costs for commodities, advanced, extending its longest winning streak in three months amid record imports of iron ore into China. China, theBloomberg - 277 words
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236 2009-05-18 20 Reuters [TARNOW, Poland] Poland said last Saturday that it will sell its state-owned Szczecin shipyard, one of the birthplaces of the Solidarity trade union which helped topple communism, to United International Trust. The sale is part of a plan agreed with the EuropeanReuters - 236 words
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TRANSPORT STOCKS
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Article106 2009-05-18 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks lava Hold Ltd KiVentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.49 0.24 1.22 0.50 1.24 0.44 0.06106 words
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Article37 2009-05-18 20 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brid PDZ Holdings 0.78 8.35 8.25 3.14 2.75 0.04 0.12 -0.01 182 0.05 1323 unch 398 -0.02 2331 0.07 32 unch 186 unch *****37 words
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Article13 2009-05-18 20 '00 bj. 'recious Ship Regional Cont .17.10 ...9.10 0.20 ***** 0.20 169113 words
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Article11 2009-05-18 20 '000 Doil iingamas Cont .24.40 ...0.77 -0.25 1306 0.01 *****11 words
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Article24 2009-05-18 20 '000 toy. >GSO Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.60 16.00 unch unch 0.10 unch unch unch 2493 3187 0 024 words
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Article22 2009-05-18 20 Evergreen Marine ....16.50 :irststeamship 45.70 /Van Hai Lines 15.85 t'ang Ming Marine ..12.10 0.15 1.60 0.05 0.10 21 10 3 2922 words
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Article41 2009-05-18 20 '000 fen (awasaki Hvy Ind ..209.00 3.00 8462 (awasaki Kisen 393.00 25.00 8893 Mitsubishi Hvy 338.00 3.00 ***** Mitsui Eng&Sbldg ..218.00 4.00 4715 MitsuiOsk Lines ....615.00 16.00 ***** Mippon Express 385.00 7.00 4641 MipponYusen 425.00 9.00 7032 source: Thomson Reuters41 words
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Page 20 Miscellaneous
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Miscellaneous208 2009-05-18 20 CRYPTIC CROSSWORD ACROSS 1 Not belonging to but devoted rj ij i v ~~HBs 17 18 yiti 111 i 28 Rap Kelvin and knock over (4) 29 C^Zlnl%T nter 11 N3tant S^r OlVln9 h6art massage (12) YESTERDAY'S SOLUTION DOWN 14 Musical piece of cutlery (6,4) 1 Cancel the Open (4)208 words
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SINGAPORE STOCKS
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Article9126 2009-05-18 21 Week ended: May 15 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E m_ 8 3 3148 STelecom 10 2.5 5834 A-Sonic 30.5 12 5000 ABR Hldgs 15 5.5 1938 AEI Corp 8.5 1 1100 AEM 23 7 2101 APOil 76.5 26.5 5550 ARA 8.59,126 words
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Article1780 2009-05-18 22 High Low Code Company Sale C000) High Low Buyer Seller C'vr P/E $mil 19 5 1181 s AAGrp 32 13 8538 t APStrategic 4 0.5 1501 s Advanced System 10.5 2 3480 t Adventus 27.5 8.5 3518 s Afor 17.9 2 1524 t Alantac 19.5 3.5 7814 s1,780 words
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Article381 2009-05-18 22 52-Wk Tel h Low Code Last Sale Vol C000) Week lh Low Last Quote Buyer Seller Div GrYld C'vr Net MCap P/E Smil Hi. Coi Hi. 109 100 6389 ABF SG Bond ETF 982 427 CIMBAsean40 1OOUS$ 232 149 DBS STI ETF 100 2396 1682 DBXT FTChina25 1OUS$381 words
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Article249 2009-05-18 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum249 words
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Article106 2009-05-18 22 i Land 3.110 +0.040 iMall 1.330 +0.020 :it' 7.750 +0.250 ■omfortDelGro 1.320 +0.020 Con 1.220 -0.020 iBS Gr| 11.200 +0.200 :SN 3.400 +0.150 ientini SP 0.725 -0.005 iolden At iri 0.380 -0.080 KLand 2.700 +0.030 JMH 22.040 -0.200 JSH 12.380 -0.260 Jardine CSC 15.720 +0.140 Con106 words
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Article94 2009-05-18 22 Up Down Unch Up Down Unch Up Down Unch lulti Ind 5 112 0 0 0 5 112 lanufacturini 87 97 52 17 14 13 104 111 65 Commerce 39 30 14 47 38 17 >r/Cc ms 12 27 14 28 :inance 10 19 10 19 instruction94 words
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Article116 2009-05-18 22 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 230,931 230,931 557,401 557,401 lanufacturint 4,939,440 368,584 5,308,024 2,157,757 13,759 2,171,516 Commerce 2,124,117 171,109 2,295,226 871,294 39,650 910,944 'pt/Stor/Comms 1,087,210 8,348 1,095,558 1,350,223 501 1,350,724 :inance 243,786 243,786 1,835,255 1,835,255 Construction 867,403 13,996 881,399 157,521 346 157,867 'ro| 925,403116 words
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Article2677 2009-05-18 22 Transaction date: May 15 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing2,677 words
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Page 21 Advertisements
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Advertisement6 2009-05-18 21 For enquiries, Tel (65) 6238 6678~www.audemarspiguet.com6 words
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Page 22 Advertisements
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Advertisement31 2009-05-18 22 Insiders'trades. Brokers'recommendations. I T|JE Rl ICIMECC TllV/ICC Dividend table. The pages also cover transactions I I Fit DU3IIMC33 lIIVICD by directors and substantial shareholders. In other words, news you can use.31 words
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FINANCE & COMMODITIES
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370 2009-05-18 23 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Mai 15 World Index Preliminary 680.6 0.2 0.4 0.4 2.1 0.4 0.. EAFE Preliminai 656.1 0.9 1.1 1.2 2.3 1.2 0.7 Euroi Prelim inan 906.5370 words
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Article121 2009-05-18 23 As at 9am May 15 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.1020 1.1350 .an dollar 1.2430 1.2580 luro 1.9850 2.0080 IZ dollar 0.8610 0.8800 iterlini ind 2.2160 2.2420 JS dollar 1.4560 1.4720 .ocal dollars to 100 units if foreign121 words
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Article152 2009-05-18 23 May 15 Xterniqht 1/16 -month 7/16 -months 9/16 l-months 11/16 Overnight mode: 0.08 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 0.45 0.80 0 90 1.40 2.00 2.10 Offer 0.25 0.35 0.60 0.70 1.00 1.60152 words
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Article20 2009-05-18 23 S$ Bid Offer 1-month 1.4657 1.4673 2-months 1.4657 1.4673 3-months 1.4655 1.4672 6-months 1.4653 1.4671 Source: OCBC20 words
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Article61 2009-05-18 23 May 15 May 15 lelivery flonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position May 09 2830 lun 09 2787 lul 09 2720 Hug 09 2680 Total o/p: ***** contracts 2849 2849 2830 2731 2816 2724 2665 2753 2655 2612 2706 2605 Turnover: *****61 words
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Article295 2009-05-18 23 May 15 URODOLLAR FUTURES unO9 iepO9 DecO9 VlariO 99.2500 99.2150 99.0400 98.9300 3978 2917 3043 3297 EUROYEN TIBOR FUTURES unO9 99.445 99.445 iepO9 99.490 99.510 DecO9 VlariO 99.495 99.505 un10 iep10 Dec10 \/lar11 99.445 99.490 99.495 99.445 99.515 99.520 99.490 99.455 99.375 99.330 99.245 230 80 30295 words
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Article187 2009-05-18 23 May 15 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) O/l lots) lunO9 ul 09 167.0 \ug 09 iep 09 DctO9 166.5 \lov09 166.5 167.0 165.0 165.0 168.0 167.0 166.5 166.5 166.5 166.5 40 40 60 36 36 821 598 740187 words
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Article86 2009-05-18 23 May 15 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low 1-Month BQ*****E 13.08.09 -Year BY*****W 03.05.10 0.21 0.33 0.26 0.26 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 NY*****A 4.000 5-Year86 words
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Article99 2009-05-18 23 May 15 (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 09 1130.50 1166.00 1156.25 1124.75 Aug 09 1085.00 1147.50 1106.00 1079.25 Sep 09 1023.25 1098.50 1046.00 1020.00 Nov09 975.75 1040.50 999.50 971.75 SOYBEAN/OIL (60,000 lbs;llscent/lb) Close Previous High/Low lul 09 37.90 38.60 39.55 37.87 S.ug99 words
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Article75 2009-05-18 23 CRUDE OIL PRODUCTS May 14 origin^ t/barrel Close Cham irent blend (1-Mth F) 57.30 -1.4! VTI (Near Mth) 58.49 0.4! iubai (1-Mth F) 56.14 -1.9: "apis blend 59.65 -2.2! i/linas 58.40 -2.2! >RODUCT JS$/barrel (FOB S'pore) Close Chanqi Naphtha Jet Kerosene 50.32 S2.30 -0.8! -1.71 US$/barrel )pec Oil Basket Price75 words
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Article446 2009-05-18 23 May 15 iuro 'en (on 'eso lam 'ouni Australia 0.886 5.163 0.557 5.862 37.509 78.736 0.720 9.505 2.683 1.282 61.079 35.995 1.109 6.461 0.837 24.901 26.117 0.496 0.756 Canada 1.128 5.825 0.628 6.614 42.318 88.830 0.813 10.724 3.027 1.447 68.909 40.609 1.251 7.289 0.945 28.093 29.465 0.560446 words
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Article68 2009-05-18 23 May 15 mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 1.***** 0.***** mths 1.***** 0.***** 2 mths 1.***** 0.***** ;WAP Offer rates mth mths mths (S$) 0.***** 0.***** 0.***** 6 mths 1.***** 9mths 1.***** 12 mths 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs68 words
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Article161 2009-05-18 23 May 15 Zurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: 0.7561 0.7566 Australian dollar 1.1083 1.1102 Canadian dollar 1.2505 1.2524 0.8531 0.8535 iuro 1.9914 1.9939 1.3586 1.3589 IZ dollar 0.8642 0.8660 0.5896 0.5902 Sterlinc md 2.2330 2.2360 1.5234 1.5239 IS dollar 1.4658 1.4673161 words
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Article133 2009-05-18 23 May 15 /oz) !ay_ \ay_ Hong Kong .ondon 921.30 922.80 922.30 923.80 May 15 May 14 932.70 926.10 933.70 927.10 Source: Thomson Reuters CAST BAR (S$) May 15 Buying Sellini Kilobar "46,695.87" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm iOgm OOgm oz ozUBS Kinphar™133 words
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Article61 2009-05-18 23 ,luminium, 99.7% urity (US$/tonne) Close Previous :ash 1487.00 months 1522.00 1495.50 1532.00 Copper, Grade A (US$/tonne) :ash months 4447.00 4450.00 4441.00 4445.00 .ead (US$/tonne) :ash months 1474.00 1482.00 1429.00 1435.00 lickel (US$/tonne) :ash months *****.00 *****.50 *****.00 *****.00 'in (US$/tonne) :ash *****.00 *****.00 months *****.00 *****.00 inc, Special61 words
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Article75 2009-05-18 23 May 15 (£/tonne) Close Prev Hii ih/Low ul 09 1608 1590 1615/1590 iepO9 1618 1602 1624/1602 Dec 09 1629 1613 1634/1615 War 10 1636 1621 1643/1633 IOFFEE (US$/tonne) Close Pev High/Low Way 09 1487 1481 1487/1476 ul 09 1510 1505 1512/1495 iepO9 1520 1513 1522/1506 SUGAR (US tonne) White75 words
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2562 2009-05-18 23 BONDS, WARRANTS EXTENDED SETTLEMENT Fel lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Left >036 Advance SCT Ltd W*****9 0.5 1 87 2400 7.00 15 5092 Asia Environment W*****4 5 1 38 139 3.60 3 1481 #Asia Water Tech Ltd W*****0 18.5 12,562 words
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Page 24 Advertisements
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Advertisement3072 2009-05-18 24 m The Business Times Shipping Times M M^t V^V fcl WAN HAI INTERNATIONAL PTE LTD UEN: *****4695M M £^7^l W K"«,E ■aßwOTo'f^iinßfw %Tx. %m\ iai am uai i iurr TEL:*****588 (14lines) fax:6224H63 1 Illi^^^^B HnßSßßnWffSwilliM HP^MWwBwBW^^S V\^^l I WAN HAI INtj ™IEL:(O3) *****888 FAX: (03) *****288 PEN TEL: (04)*****00 FAX:3,072 words
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Page 25 Advertisements
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Advertisement3009 2009-05-18 25 FSWBEH9I^^^^^HI lH E eastern car liner, ltd Iffi SCgaS^ I ft— I specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I ["'"^"^^^FTSphTsEWICE ><>^^^^'>^^ ITScO^^ V33 Y ~E2!!^ M]- L'"y' T -jj^T »L.<-0 ttCEPHHIi. OIIKHIER!- I) <[[ lI..RIHERII AND WEMERII INDIAN ICD HUMS I VESSEL VOY SIN3,009 words
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BizIT
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Article, Illustration746 2009-05-18 26 Chipmaker transfers reins of control from the US and eyes more sales from Asia, reports ONG BOON KIAT GUNNING for more growth from this region while priming itself for the anticipated quicker bounce-back of Asia from the global downturn, computer chipmaker Advanced Micro Devices (AMD)746 words
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388 2009-05-18 26 WINSTON CHAI - WINSTON CHAI By DATA hosting firm 1-Net is investing US$2O million to expand its local operations at a time when most technology companies are reining in their capital outlay to cope with the economic crunch. The company will use this war388 words
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<what's new>
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120 2009-05-18 26 TOSHIBA has added to its mini notebook family with the NB2OO, which features a 10.1-inch display and weighs I.2kg with a three-cell battery. Powered by the I.66GHz Intel Atom processor and running on Windows XP, it comes with IGB RAM (upgradeable to 2GB), 160GB hard120 words
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Article, Illustration115 2009-05-18 26 STORAGE vendor Seagate has launched the FreeAgent Theatre HD Media Player, a remote-controlla-ble media player which docks with the the company's Free Agent Go series of external hard drives to bring multimedia content from the PC to TV screen. Simply pop in the115 words
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65 2009-05-18 26 US-BASED Aruba Networks has launched its new Virtual Branch Network (VBN) solution, which includes new software for the company's data centre controllers, as well as three families of wired and wireless networking products that connect remote users to their offices. The new hardware offering starts65 words
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Article, Illustration116 2009-05-18 26 FINNISH phone giant Nokia is set to beef up its busi-ness-centric smart phone range with the E52 available in the second half of the year. The handset can be integrated with corporate telephone systems so users no longer need to be tied to their116 words
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101 2009-05-18 26 ONG BOON KIAT - ONG BOON KIAT INFOCUS has taken the wraps off the IN3IOB, the latest addition to its premium line of projectors designed for corporate meeting rooms. A sharp looker with its glossy housing, the IN3IOB also packs a raft of features to woo business users. For101 words
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326 2009-05-18 26 -AP [SHANGHAI] Microsoft Corp announced a partnership aimed at helping make the eastern Chinese city of Hangzhou a model for innovation and protection of intellectual property, in the company's latest attempt to combat rampant software piracy. A three-year agreement signed last Friday calls for-AP - 326 words
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Article, Illustration667 2009-05-18 27 AMIT ROY CHOUDHURY - AMIT ROY CHOUDHURY The new strategy in Singapore and AsiaPacific will involve channel partners By BUSINESS communications applications provider Avaya has unveiled a number of initiatives aimed at growing its services business in Asia-Pacific. Speaking to BizlT, Avaya's Chris Cheng said the initiatives would667 words
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323 2009-05-18 27 -AP [LOS ANGELES] There's nothing all that charming about Nintendo's latest gadget. It's not as zany as a zapper or as sexy as a steering wheel. It doesn't even tell you whether you're losing weight. However, the gamemaker is hoping a small-AP - 323 words
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<what's up>
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Article101 2009-05-18 27 IBM has launched 'The IBM Business Reality Challenge", a contest aimed at small and medium-sized businesses (SMBs) from across the Asean region. One SMB per country will walk away with IBM IT products and solutions worth US$3O,OOO. To take part, SMBs only need to describe,101 words
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Article48 2009-05-18 27 OPEN source software vendor Red Hat has appointed IT industry veteran Patrick Lim as its Asean general manager, responsible for sales and business management in the region. Mr Lim, previously of IBM, Hitachi Data Systems and EMC Corp, replaced Teong Eng Guan.48 words
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91 2009-05-18 27 ONG BOON KIAT - ONG BOON KIAT SINGAPORE Technologies Electronics (ST Electronics), part of Singapore Technologies Engineering, has clinched contracts totalling $12 million in Bangladesh. They were awarded by the Chittagong Port Authority (CPA) to, among other work, supply, install, test and commission a Container Terminal Management System91 words
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799 2009-05-18 27 JEREMY FINDLEY - Cutting pain, cost from travel entertainment JEREMY FINDLEY <you say> By IT'S no secret that today's economic environment is forcing organisations of all sizes to take a hard look at their budgets. Finding ways to cut costs and streamline operations is a priority and it often means that organisations need799 words
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ROUNDTABLE
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Article, Illustration2592 2009-05-18 28 SINGAPORE'S iN2015 (Intelligent Nation 2015) masterplan aims to connect businesses, communities and individuals across diverse businesses and geographies by enabling them to harness resources and capabilities through technology. The ultra high-speed Next Generation National Broadband Network (Next Gen NBN), which will begin roll2,592 words
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Page 26 Advertisements
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Advertisement29 2009-05-18 26 M ml U Wtf I ASm? I Partner I WM M ▼ffig* Advantage I tt Get the new Sun Storage 7000 Unified Storage Series now! m^i jß^^l :M B^WttW^^29 words
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Page 26 Miscellaneous
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Miscellaneous8 2009-05-18 26 STRATEGY Avaya to grow services business Page 278 words
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Page 27 Advertisements
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Page 28 Advertisements
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Advertisement11 2009-05-18 28 This series is brought to you by •I|I• I I CISCO.11 words
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