The Business Times, 25 May 2009

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Microfilm: NL30016
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    20 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg Sfili A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Monday, May 25,2009
    20 words
  • Article
    Lock icon Keppel sells SPC stake for $660m gain
    668 1  -  LYNETTE KHOO PetroChina to make mandatory cash offer at $6.25 each for remaining SPC shares By [SINGAPORE] Keppel Corp is set to reap a gain of $660 million from selling its entire 45.51 per cent stake in Singapore Petroleum Company (SPC) for $1.47
    668 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      53 1 Weekly Change 2,245.27 +105.49 iT Index ICOMP 1,045.26 +31.05 IIKKEI225 9,225.81 -39.21 1ANG SENG 17,062.52 +271.82 ;et index 554.02 +20.10 JAKARTA COM P 1,881.71 +130.80 IANILACOMP 2,316.89 +8.19 ;eoulcomp 1,403.75 +12.02 ;henzhen B 406.99 +5.59 IUMBAI IND 13,887.15 +1713.73 )OW 8,277.32 +8.68 IASDAQ 1,692.01 +11.87 ;&P 500 887.00 +4.12
      53 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.228 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      44 1 IS$ (S$ per US$) 1.448 (US$/S$ >er£) 1.577 2.283 EURO (US$,S$/E) 1.393 Foreign currency per US$ 2.016 'EN 94.20 65.10 3.494 2.413 IK$ 7.752 5.355 !AHT 34.33 23.71 lUPIAH 10,277 7,099 lENMINBI 6.825 4.714 INDIAN RUPEE 47.17 32.58 1.286 0.889 IZ$ 1.630 1.126
      44 words
  • Article, Illustration
    Lock icon Banks slugging it out in hip Holland Village
    694 1  -  EMILYN YAP By [SINGAPORE] Seven banks along a 120-metre stretch; the battle for wealth is certainly heating up under the laidback bohemian charm of Holland Village. Citibank Singapore is the latest to join the fray, with the opening of its 2,100 square
    JOSEPH NAIR  -  694 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      68 1 COMPANIES EMERGING -^'^~IS I SPORE VIEWS FROM ft :v4a^? Don *single out ENTERPRISE |ate£M«|s3 ARTS FESTIVAL THE TOP JjJIluL-- S-chips Profiles of the last HH^^K^mßH Sin Sangre: Of sorrow Facing up to the financial XiIBpAGE7 2 finalists page 10 "Q^g I and salvation page 15 crisis pages 12,13 MONACO GRAND
      68 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Decisive week for GM and Chrysler as deadlines loom
      616 2 -AFP [WASHINGTON] The US auto industry faces a tumultuous week that could see sector leader General Motors (GM) forced into bankruptcy and number three maker Chrysler move toward a quick exit from court protection. A consensus is growing that GM which
      -AFP; AP  -  616 words
    • Article
      Lock icon Cautious investors wait for proof of recovery
      769 2  -  ANDREW MARKS WALL STREET INSIGHT Key economic data will determine what the stock market's reality should be By in New York AFTER surging 35 per cent in just eight weeks, the US stock market rally has shown signs of fraying over the past
      769 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Keppel sells SPC stake for $660m gain
        90 2 KEPPEL Corp is set to reap a gain of $660 million from selling its entire 45.51 per cent stake in Singapore Petroleum Company for $1.47 billion in cash to PetroChina Company, one of the largest oil and gas companies in the world. The
        90 words
      • Article
        Lock icon Banks slugging it out in hip Holland Village
        51 2 SEVEN banks along a 120-metre stretch; the battle for wealth is certainly heating up under the laidback bohemian charm of Holland Village. Citibank is the latest to join the fray, with the opening of its branch at Holland Avenue in April. FRONT
        51 words
      • Article
        Lock icon Decisive week for GM and Chrysler as deadlines loom
        44 2 THE US auto industry faces a tumultuous week that could see sector leader General Motors forced into bankruptcy and number three maker Chrysler move toward a quick exit from court protection. TOP STORIES, PAGE 2
        44 words
      • Article
        Lock icon Rents for ground floor shops in Orchard Rd hold up
        71 2 THE heat is on for Orchard Road retail rents with declining retail sales and substantial new supply completing soon, but Cushman and Wakefield says opportunistic retailers entering the final stages of negotiations for limited remaining choice ground-floor spots in new
        71 words
      • Article
        Lock icon Palm oil prices expected to remain volatile
        39 2 DESPITE the recent recovery in crude palm oil prices, industry watchers said that the volatility seen last year looks set to remain, while the medium-term outlook remains uncertain. COMPANY NEWS, PAGE 5
        39 words
      • Article
        Lock icon Don't single out S-chips: Roundtable
        87 2 SINGAPORE-LISTED Chinese stocks, or S-chips, should not be singled out as the problem child of the stock exchange. The troubles facing them are not confined to the cluster, but also apply to other small caps and emerging market stocks. Of course, there are still issues
        87 words
      • Article
        Lock icon Ministry allots more funds for needy students
        56 2 TO assist needy students, the Education Ministry will plough an additional $67.5 million this year into the Edusave Scheme and school-based financial assistance schemes. Some $65.9 million will be spent to enhance the Edusave Scheme and $1.6 million to top-up discretionary funding for
        56 words
      • Article
        Lock icon Fed likely to keep benchmark rates low for some time
        57 2 THE US Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed vice-chairman Donald Kohn
        57 words
    • Article, Illustration
      Lock icon Rents for ground floor shops in Orchard Rd hold up
      799 4  -  KALPANA RASHIWALA But weak retail outlook, upcoming malls expected to depress rents By [SINGAPORE] The heat is on for Orchard Road retail rents with declining retail sales and substantial new supply completing soon, but Cushman and Wakefield says opportunistic retailers
      YEN MENG JIIN; Cushman&Wakefield  -  799 words
    • Article
      Lock icon Swiss banking authority sets stress test for lenders: paper
      375 4 Reuters This could lead to tougher capital requirements [GENEVA] Switzerland's banking authority has subjected banks in the country to a stress test to assess how they would withstand a shock to their loan books, Swiss weekly NZZ am Sonntag reported yesterday.
      Reuters  -  375 words
  • Page 2 Advertisements
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      964 2 V<27 rT/A^FTinrr Tollfree:1800-289-8822 W IVI I I k( V Email: notices@sph.com.sg J_ V^>/ J_ J_ V_> 1> kj www.cats.com.sg I HUA NAN COMMERCIAL BANK, LTD. WJ (A Wholly-Owned Subsidiary of Hua Nan Financial Holdings Co., Ltd.) BALANCE SHEETS Dec e mbef3l,2ooBand2oo7 J STATEMENTS OF INCOME Year S eno^De«mber3l,2Cfloand2oo7 J (In
      964 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      24 2 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 X
      24 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 3
      32 2 I Booster Capital Guaranteed Fund SGD I RID 14/05/09 10.23 SGD |DB Platinum II Lianhe Zaobao I Huan Hsin I heads the list I of 10 S-chips I with biggest loss I
      32 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      92 3 A Perfect Strike f Early delivery, zero incidents Wmm Keppel FELS has delivered COSLSTRIKE i^^M within budget to China Oilfield Kr^M^k Services Ltd, matching its customer's .J* J/^M^'^\ needs with proven technology Jf{ Jk iftji^ Variable Deck Load 7,500 kips f 1/7 -f /PN f^ SI/ Max Drilling Depth 30,000
      92 words
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      1461 4 V*^L k AT^VT'T^<-rl r> Toll free: 1800-289-8822 f&^- l^kl I Email: notices@sph.com.sg JL \*^r JL JL^»> 1' l 3 www.cats.com.sg .^^H KBC Bank N.V. jm m^* (Incorporated in Belgium) Consolidated Annual Accounts As At 31 December 2008 Consolidated Balance Sheet statutory auditor's report to the general MEETING OF SHAREHOLDERS OF
      1,461 words
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  • COMPANY NEWS
    • Article
      Lock icon Palm oil prices expected to remain volatile
      527 5  -  OH BOON PING CORPORATE FOCUS Industry outlook still uncertain despite recent price surge By DESPITE the recent recovery in crude palm oil (CPO) prices, industry watchers said that the volatility seen last year looks set to remain, while the medi-um-term outlook remains uncertain.
      527 words
    • Article
      Lock icon Short-selling fines: are criticisms unjustified?
      766 5  -  R SIVANITHY JUDGING by recent reports, the Singapore Exchange's fines for open short-sold positions (or "naked" shorts) introduced last September are considered draconian, inflicting inordinate pain on ignorant sometimes careless but mainly innocent retail players. For example, a punter who accidentally oversells a small amount
      766 words
    • Article, Illustration
      Lock icon Don't single out S-chips: Roundtable
      937 7  -  LYNETTE KHOO OH BOON PING S-CHIPS IN FOCUS Troubles they face apply to other small caps, emerging market stocks too By and SINGAPORE-LISTED Chinese stocks, or S-chips, as the market calls them, should not be singled out as the problem child of the stock exchange.
      YEN MENG JIIN  -  937 words
    • Article
      Lock icon Well-governed S-chips urged to speak up for themselves
      588 7  -  LYNETTE KHOO They will benefit as investors gain confidence to buy into their stocks By WELL-GOVERNED S-chips should stand up and speak up, say participants of a roundtable last Friday. For one, there could be negative assurance of pledged shares, said Associate
      588 words
    • Article
      Lock icon An educative roundtable
      205 7 CHINA listings, or S-chips, have been in the news lately for the wrong reasons. Accounting irregularities, forced sale of pledged shares, default on loans the list goes on. Investors now face the daunting task of distinguishing the good S-chips from the bad ones. That is why The
      205 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      280 5 Qn fU/"> .*t As a trained actuary, Ifcunedin With specialized jw~ lr~ lam an expert in specialised finance, knowledge in risk actuarial risk management, I excel in structuring, management, I work on creating models to evaluating and sophisticated models M analyse future financial trading new to assess and manage m
      280 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon A note for the botanically challenged
      713 6  -  R SIVANITHY STOCKS OF all the reports issued over the past 10 days, the one which carries the best title and advice in our view was BCA Research's Be Scared, But Be Invested..., used in its Global Investment Strategy report, dated May 15. If
      713 words
    • Article
      Lock icon Oil and gold prices rally further
      139 6 AFP COMMODITIES [LONDON] Oil and gold prices extended their recent rallies last week as investors scooped up commodities on signs of a pick-up in a global economy that has suffered its worst downturn in decades. Oil: Oil prices jumped to six-month highs above US$62
      AFP  -  139 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1234 6 Legends US$; Rmb; HKS; A) AS; Pound; Rupiah; Yen; Euro; AA) Baht; RM; Peso; AAA) Rs; NT$; (ad) Capital; (ag) Dividend/Distribition; (ah) Final; (ai) To be announced; (aj) Final Tax Exempt; (ak) Final Tax Exempt (One Tier); (am) First and Final Tax Exempt; (an) First and Final Tax
      1,234 words
    • Article
      Lock icon Asian units up against greenback
      437 6 AFP CURRENCIES [HONG KONG] Asian currencies ended last week higher against the US dollar as fears of a possible US debt ratings cut cast a shadow over the greenback. Japanese yen: The yen rebounded at the end of last week to hit a three-month high
      AFP  -  437 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1567 6 Source: Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name Mlqreen Prop Ltd 2.75 2.75 12 4.99 17.13 0.57 0.86 ,RA Asset Mgt Ltd 2.00 2.00 2 6.25 9.12 0.64 0.57 .rmstroni Ind Cor|
      1,567 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      60 6 May 22 CLOSE BT OB/OS -32.00-267.00 BT CADI -*****.00+111.0 BT 10-day MA -*****.00 -3.00 FTSE ST Mid Cap 480.62 +7.20 FTSE ST Small Cap 413.31 +8.05 FTSE ST All Share 543.32 +8.38 FTSE ST China Top 225.77 +4.45 FTSE ST China 223.59 +4.69 UOB Catalist 91.87 +1.46
      60 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      63 6 iolden A( iri 1,143,101,000 ihina Honi jxini 492,073,000 'ceanus 423,148,000 .bterra 411,981,000 ientim SP 343,873,000 "osco Cor| 314,589,000 'om inam 266,441,000 izra 209,165,000 'ani iam 188,763,000 lafflesEdu 188,041,000 VALUE($) iBS Gr| 642,774,624 IS MSCI India 100 537,739,814 in« jTel 536,361,973 iolden A( iri 488,352,035 .and 480,735,229 ■osco
      63 words
    • Article
      Lock icon RISES
      111 6 CLOSE UP 9302 2523.4 23.1 iBXT Ni 10US$ LP 10US 9329 364.6 2.8 MS India 10US$ 1167 282.2 20.1 India Ni 10 1304 206.0 18.: bartered 100 197 178.0 936.8 iBXT FTChina25 10US$ 2510 165.0 4.8 ICBC Bk5.1%NCPS 100 9740 150.0 1.6 IQB 5.05%NCPS 100 9650 130.0 1.4 ISMSCI
      111 words
    • Article
      Lock icon FALLS
      124 6 Closing prices are in trading currencies, but absolute difference is in Ss. BY CENTS CLOSE DOWN 1722-518.0 -23.1 Omei iNav lardineC&C 1518 -54.0 -3.4 RSH Ltd 40 -40.0 -50.0 Kej RBePW*****6 26 -24.0 -48.' Sim |Tel DBePW*****2 10 -23.0 -69.7 Creative Tech 390 -22.0 -5.3 SGX BNP eCW*****7 103
      124 words
    • Article
      Lock icon CURRENCIES
      84 6 Where S$ stands May 22 CHNG CLOSE FRMay21 YR2009 S$ LOW S$ HIGH ISS 1.4445 0.90 1.5579 1.4308 iuro 2.0159 -0.33 2.0732 1.9150 'ounds 2.2868 -0.19 2.2868# 2.0356 1.1258 -0.14 1.1321 0.9453 'en* 1.5346 0.01 1.7278 1.4831 lupiah* 0.***** 0.12 0.***** 0.***** !aht* 4.2065 0.69 4.3390 4.1040 •eso* 3.0754
      84 words
    • Article, Illustration
      Lock icon More buying, less selling by directors
      1281 8  -  ROBERT HALILI INSIDE MARKETS Substantial shareholders remain on bearish track with huge disposals recorded in several listed firms, reports THE buying rose while sales among directors fell last week based on filings on the Exchange in the third week of May with 14 companies
      1,281 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      106 7 CAROLINE WILLIAMS I T: +44 (0)1865 *****0 I AMLP@SBS.OX.AC.UK 14 JUN-4 JUL 2009 11-31 OCT 2009 BUSINESS AS USUAL OR MOVING TO THE NEXT LEVEL? THE UNIVERSITY OF OXFORD: *yj EDUCATING LEADERS FOR 800 YEARS W C 4- JJJJH X (Mr ii x ■■f .V THE OXFORD ADVANCED MANAGEMENT AND
      106 words
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      105 8 it 1*" p H 50 Enterprising Stars Will Shine This Year Submit Your Entry For The E5O Awards Now ENTERPRISE If you are a home-grown, privately-owned business with three years of audited statements, and have achieved excellent results despite the current economic climate, submit your entry for the 2009 Enterprise
      105 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Rope in private sector to help chart economy: professor
      482 9  -  LEE U-WEN Don doubtful of civil servants making big investment decisions By A PROMINENT US-based Singaporean academic has suggested that the Singapore government spread its bets wide and rope in the private sector to help chart and invest in the country's
      482 words
    • Article
      Lock icon Big challenges for business schools in daunting times
      516 9  -  ZEINAB YUSUF By IN an uncertain environment, planning for the future is a challenge and even more so for educators tasked with the responsibility of preparing students for a future that they themselves are unsure of. The current recession has affected job
      516 words
    • Article, Illustration
      Lock icon Ministry allots more funds for needy students
      436 9  -  LYNETTE KHOO $67.5 m to be added to Edusave and school-based aid schemes this year By TO assist needy students, the Education Ministry (MOE) will plough an additional $67.5 million this year into the Edusave Scheme and school-based financial assistance schemes. Some $65.9
      FILE PHOTO  -  436 words
    • Article
      Lock icon PRIME LENDING RATES
      400 10 BANKS ABN Amro Bank NV 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 5 Bank of
      400 words
    • Article
      Lock icon COMPANY MEETINGS
      165 10 China Lifestyle A RELC International Hotel, 30 Orange Grove Road, Singapore *****2 28-May 10.00am Transcu Grp E M Hotel, Anson II Level 2, 81 Anson Road, Singapore *****8 28-May 9.30am LKH A Chijmes Hall, 30 Victoria Street, Singapore *****6 28-May 11.00am STX Pan Ocean E STX Namsan Tower,
      165 words
    • Article, Illustration
      Lock icon Big dreams propel software publisher to the forefront
      715 10  -  ZEINAB YUSUF Cylon ensures its products are useful, wholesome and beneficial to society By MOVING hand in hand with technology, Cylon Interactive aims to soon be a name synonymous with software in Singapore. The company, which publishes software ranging from training and
      YEN MENG JIIN  -  715 words
    • Article, Illustration
      Lock icon Securing all bytes & pieces of the system
      694 10  - Securing all bytes pieces of the system VICTOR KATHEYAS Ex-CID man sets up outfit to keep firms on right side of law By' ABOUT 11 years ago, as a police officer heading the Criminal Investigation Department's (CID) Computer Crime Branch, Tan Swee Wan realised that IT security would have great
      JOSEPH NAIR  -  694 words
  • Page 9 Advertisements
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      167 9 A WATS LASERRESEARCH (S) PTE LTD (IN PROVISIONAL LIQUIDATION) Sale of Business Intellectual Property (IP) Patents And Other Assets "as is, where is" basis: i) IP of Nd:YAG and CO2 Laser Index Marking Systems for magnetic disk with install base of over 100 systems in US, Japan, Malaysia and Singapore
      167 words
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      Lock icon Page 9 Advertisements Column 2
      1425 9 w MATS JL^l^-X JL JL^^ JLj k3 Toll free: 1800-289-8822 Email: notices@sph.com.sg •www.cats.com.sg tttt* cAVTvnr\!PiTivnnv unrftvT Head Office: One Wall Street, New York, NY *****, U.S.A 1 H.h BANK Of WhW YORK MbLJLON Singapore Branch: One Temasek Avenue, #02-01 Millenia Tower, Singapore *****2 The Bank of New York Mellon Corporation
      1,425 words
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  • Page 10 Advertisements
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      14 10 CATS Recruit The first step on your ladder to success MATS RECRUIT 8 < o
      14 words
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      Lock icon Page 10 Advertisements Column 2
      57 10 These are features on the finalists of the Emerging Enterprise 2009 (EEO9) award. Jointly EtTtGrCfinCJ presented by The Business Times and OCBC m f J Fwrh*rnri<So Bank, the EEO9 recognises young SMEs with I Z/ %009 annual sales of less than $10 million. It is g supported by Spring Singapore,
      57 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon NTU team proves the world's best
      679 11 Four undergrads did their university proud at the CFA Institute Global Investment Research Challenge last month, reports LEE U-WEN BEING kings of the Asia-Pacific region was not good enough for one group of students from Nanyang Technological University (NTU). They wanted to conquer the
      679 words
    • Article, Illustration
      Lock icon Going the extra smile for charity
      776 11 CAMPUS LIFE Some SIM students overcame their reservations towards charity work to set a new Singapore record while raising funds for special education provider Metta School, reports JAMES FOO TRYING to get support for a meaningful cause only to face an unexpected roadblock that's
      776 words
    • Article
      Lock icon Be smart with your finances
      158 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 have
      158 words
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      46 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
    • Article, Illustration
      Lock icon Keeping it together
      4297 12 THIS WEEK'S TOPIC Do you agree that the financial crunch has hit Singapore professionals particularly hard, both in the pocket and in their mental and physical well-being? What can be done to improve the situation? Jane Prior Chief Executive Priority Consultants ONE way to manage stress is
      YEN MENG JIIN  -  4,297 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Food that really gets under your skin
      742 14  -  Ch&ah Ui-Hoon SPECIAL MENU Japanese Dining Sun Chijmes 30 Victoria St. #02-01 Chijmes Tel: 6336-3166 COLLAGEN has been making inroads into our diets recently. Not just natural collagen that comes from the boiling pork or beef bones, but collagen powder which you can
      742 words
    • Article, Illustration
      Lock icon The best of Hokkaido
      654 14  -  Audrey Phoon PROMOTION Spring in Hokkaido at Carousel Lobby level. Royal Plaza on Scotts 25 Scotts Road Tel: 6589-7799 THERE'S nothing quite like walking down the food-stuffed lanes of Sapporo's Jyogai Ichiba (Street Market), where stallholders peddle stacks of trays crammed with freshly caught fish, oversized
      654 words
  • Page 14 Advertisements
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      959 14 V#^L ftXTT/nr r> To"free: 180°-289-8822 V L W Email: notices@sph.com.sg JL V^>/ JL JL^_> 1-■ www.cats.com.sg LBEBW Landesbank Baden-Wurttemberg Head Offices: Stuttgart: P.O. Box 10 60 49 D-***** Stuttgart; Karlsruhe: D-***** Karlsruhe Ludwig-Erhard-Allee 4; Mannheim: P.O. Box 10 03 52 D-***** Mannheim; Mainz: D-***** Mainz Große Bleiche 54-56 Singapore Branch:
      959 words
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      Lock icon Page 14 Advertisements Column 2
      76 14 Overcoming the ■■WIWyL« I "Confidence P^p«™ Is your company affected by the current economic crisis? Would you like some advice that might help you cope V^\ y^D 'la In I Ask the experts for help you need wu SB S V w M Hear how SMEs coped previously Listen to
      76 words
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  • SINGAPORE ARTS FESTIVAL 2009
    • Article, Illustration
      Lock icon Journeying from sorrow to salvation
      563 15 Director Juan Carlos Zagal has turned a book into an iconic piece of theatre, says CHEAH UI-HOON ITALIAN writer Alessandro Baricco's novel Senze Sangue was perhaps a book poised to be made into a film, with reviewers citing how the book is imbued with filmic
      563 words
    • Article, Illustration
      Lock icon Overwhelming but unforgettable
      584 15  -  AMANDA DE GUZMAN By THE glamorous world of high fashion and the ugly counterfeit business behind it form the core of Visible Cities, a dense, fascinating and occasionally baffling collaboration between Singaporean playwright Chay Yew and Italian director/ set designer Giorgio Barberio Corsetti. Co-produced and co-commissioned by
      584 words
    • Article, Illustration
      Lock icon Laughing at songs about death
      488 15  -  LIM WEN JUIN By EVEN in our enlightened scientific world of today, death remains for many a taboo topic, broached with reluctant discomfort when it is brought up at all. Yet and perhaps precisely because of its taboo nature the subject of death provides fertile
      488 words
  • Page 15 Advertisements
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      1243 15 V**4 rT/A^TT/nrP Toll free: 1800-289-8822 V IVI fl l-i V Email: notices@sph.com.sg JL^I V*>/ JL I V.v 1 i,_* www.cats.com.sg r MHr\ *J it ISSISiBi CHANG HWA COMMERCIAL BANK, LTD. CHANG HWA BANK HEAD OFFICE: TAIWAN R.O.C. (In Thousands of New Taiwan Dollars, Except Par Value of Capital Stock) n
      1,243 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Geithner makes first China trip next week
      660 16 AFP Move comes as US lawmakers unveil plan against money manipulation [WASHINGTON] US President Barack Obama's economic pointman makes his first trip to China next week as Washington moves to address persistent currency, trade and investment concerns dogging the two powers. Treasury Secretary
      AFP  -  660 words
    • Article, Illustration
      Lock icon Fed likely to keep benchmark interest rates low for some time
      773 16 Reuters Analysts expect it to buy more long-term securities [PRINCETON] The US Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears
      Reuters; BLOOMBERG  -  773 words
    • Article
      Lock icon Donors cut back aid to poor countries as deficits expand
      456 16 AFP [PARIS] Poor countries, already hard hit by the global economic downturn, are now facing cutbacks in foreign assistance from traditional donors saddled with rapidly expanding deficits. The worldwide recession has driven 50 million people into extreme poverty, according to
      AFP  -  456 words
    • Article
      Lock icon Rate cuts not enough: Manila
      282 16 Reuters More govt spending also needed: central bank exec [MANILA] The Philippine central bank's rate cuts totalling 1.5 percentage points since December need to be backed by more government spending to drive private sector consumption and support growth, a central bank official said. Diwa Guinigundo,
      ■ Reuters  -  282 words
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      858 16 W*s4 To"free: 180°-289-8822 IV 11| If L V Email: notices@sph.com.sg _L V^-/ X. -L V-^ i' k3 www.cats.com.sg IN THE MATTER OF I ~iTi,n..TTrn nr I I^^^^^^^^^^^^^^^^^™^^^^^^^^^^^^^^^^^ THE COMPANIES ACT, CAP. 50 IN THE MATTER OF IN THE MATTER OF THE BUILDING MAINTENANCE AND INTHEMATTEROF THE COMPANIES ACT, STRATAMANAGEMENTACT2OO4AND FUJIKURA
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Megawati vows tougher line on foreign firms
      413 17 Reuters Double-digit growth not impossible, she says, topping rival candidates' targets [JAKARTA] Indonesian opposition leader and presidential candidate Megawati Sukarnoputri said on Friday she would take a tougher stance in contract negotiations with foreign resource firms if elected in iyMs Megawati is a
      Reuters; AP  -  413 words
    • Article
      Lock icon Telkom still interested in stake in Iranian state-owned telco
      304 17 Reuters [JAKARTA] Indonesia's largest telecommunications firm, PT Telekomunikasi Indonesia Tbk, said last Friday that it was still interested in buying a stake in state-owned Telecommunication Company of Iran (TCI). Indonesian media reports had suggested that Telkom's plan to buy a stake
      Reuters  -  304 words
    • Article
      Lock icon BURSA MALAYSIA
      2149 17 lay 22 RM Cooo) \&M Realty 0.41 \bric Bhd 0.19 Advance Synergy 0.14 \dventa Bhd 1.02 \e Multi Hldgs 0.10 \ffin Holdings 1.71 \hmad Zaki Resou ....0.73 \icCorp 0.45 \irasia Bhd 1.20 \kn Technology 0.17 Alliance Financi 2.21 Aluminium Co 0.91 Amalgamated Ind ....0.49 \mmb Hldgs Bhd 3.24
      2,149 words
    • Article, Illustration
      Lock icon Worse to come for Maybank?
      514 17  -  VaS JAYASANKARAN MALAYSIA INSIGHT SHARES in Malaysia's largest lender Maybank fell 3 per cent last Friday before closing unchanged at RM5.20 apiece after the bank reported that thirdquarter earnings were 32 per cent down from the previous quarter and gross non-per-forming loans (NPLs) in its
      514 words
  • Page 17 Advertisements
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      1316 17 Wg*s4 fT^T^Tinrr Tollfree:1800-289-8822 _L^l V^>r X I V -< I i l www.cats.com.sg IN THE MATTER OF In the Matter of THECA O NMD P*N N ™SEA^rr C E H R AoT ERSO The <*»P™>- Cap. 50 |N THE Mtjm OF TSSMREKSffiJ 1 m*- THICOMPANIK ACT (""-so) Co.ltag.No.l9BiOl3llH Rinfield International
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  • GREATER CHINA/INDIA
    • Article
      Lock icon Experience backs Mukherjee as he takes finance portfolio
      515 18 Reuters Analysts say that his biggest challenge is to revive growth back to 8-9% [NEW DELHI] Indian Congress Party veteran Pranab Mukherjee takes over the job of managing Asia's third-largest economy at a time when it faces slowing growth, worsening public finances,
      Reuters  -  515 words
    • Article
      Lock icon India seen to move towards US logistics agreement
      285 18 Reuters [NEW DELHI] India's new ruling coalition, freed of pressure from its former communist allies, is expected to move forward soon on a military logistics deal with the United States that would help US operations in the region. The Logistics Support Agreement
      Reuters  -  285 words
    • Article, Illustration
      Lock icon CREATING A STIR
      117 18 [HONG KONG] Macau tycoon Stanley Ho (top, centre), his daughter Pansy Ho (left) and his wife Angela Leong On Kei attending the opening ceremony of 'Louis Vuitton: A Passion for Creation' exhibition last Thursday at the Hong Kong Museum of Art. The exhibition features internationally acclaimed artists
      REUTERS, AP, AFP  -  117 words
    • Article
      Lock icon China steps up investment in Central Asia
      534 18 ■AFP Splurge opens markets for China; is part of its strategy for region [ALMATY] While the rest of the world reels from the global economic crisis, China is using its deep pockets to bolster its position in strategically vital Central Asia, analysts say.
      ■AFP  -  534 words
    • Article
      Lock icon Indian aviation sector caught in 'perfect storm'
      499 18 AFP Big losses, high debt and falling demand worsen woes: report [NEW DELHI] India's airlines are caught in a "perfect storm" of big losses, high debt and falling demand, and need urgent help from the new government to make them high-fly-ers again, says
      AFP  -  499 words
    • Article
      Lock icon Malvinder Singh steps down as Ranbaxy CEO
      178 18 Bloomberg, Reuters [LONDON] Ranbaxy Laboratories Ltd said chief executive officer Malvinder Singh stepped down with immediate effect. Chief operating officer Atul Sobti will succeed Mr Singh as CEO, the company said yesterday in a Business Wire statement. Tsutomu Une will become Ranbaxy's chairman.
      Bloomberg, Reuters  -  178 words
    • Article
      Lock icon Pelosi in China on energy matters
      278 18 -AFP [BEIJING] US House of Representatives Speaker Nancy Pelosi, a longtime critic of China's rule over Tibet and its rights record, was due to arrive in Shanghai yesterday for a trip focused on energy and climate change. Ms Pelosi was expected in the Chinese
      -AFP  -  278 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon South Koreans mourn ex-president Roh
      723 19 AP His suicide comes three weeks after questioning over bribery allegations [BONGHA, South Korea] Thousands streamed to a village in rural South Korea yesterday to pay their respects to ex-president Roh Moo Hyun a day after he killed himself by jumping off a rocky cliff
      AP; AP !  -  723 words
    • Article, Illustration
      Lock icon Fed asset purchases to boost economy by US$1t
      608 19 Bloomberg Fed interventions have helped support growth, says official [PRINCETON, New Jersey] Federal Reserve Board vice-chairman Donald Kohn said the central bank's purchases of government and mortgage debt may boost the economy by US$l trillion and raise federal tax revenue by US$l75
      Bloomberg  -  608 words
    • Article
      Lock icon Grim future for Californians as deficit spirals
      341 19 ■AFP [LOS ANGELES] As a Hollywood action hero, Arnold Schwarzenegger forged a career playing tough guys used to prevailing against impossible odds through sheer force of character. But the Austrian-born former Mr Universe, who was elected California governor in 2003 on a platform
      ■AFP  -  341 words
    • Article
      Lock icon Australian flood waters create 'inland sea'
      396 19 ■AFP 20,000 people in small communities remain isolated [SYDNEY] Thousands of homeowners remained isolated in Australia's flood-hit north-east yesterday, where authorities said that days of torrential rain had created a vast "inland sea". Swollen rivers peaked overnight, allowing clean-up operations to begin and evacuated
      ■AFP  -  396 words
    • Article
      Lock icon Germany says bids for Opel fall short
      205 19 AP [BERLIN] All three bids for General Motors' Opel unit have shortcomings and a bankruptcy filing might still be a better option, Germany's Economy Minister was quoted as saying yesterday. The three bids filed last Wednesday by potential investors came from Italy's Fiat,
      AP  -  205 words
    • Article, Illustration
      Lock icon French film a favourite for top prize at Cannes
      573 19 ■AFP [CANNES, France] The Cannes showdown between the world's greatest film directors came to a close yesterday with a bleak prison drama tipped to let France take the top prize for the second year in a row. The notoriously extravagant festival
      ■AFP; REUTERS  -  573 words
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  • FORMULA ONE
    • Article, Illustration
      Lock icon Button wins in Monaco
      793 20 Reuters, AP, Bloomberg Brawn have now finished one-two three times in an astonishing debut season [MONACO] Formula One championship leader Jenson Button mastered Monaco's treacherous streets yesterday to chalk up his fifth victory in six races and lead another Brawn GP one-two finish. The Briton's sixth
      Reuters, AP, Bloomberg; AP  -  793 words
    • Article, Illustration
      Lock icon F1 budget cap could be phased in, says Mosley
      453 20 Reuters [MONACO] Formula One teams may get a year's grace before having to race with a £40 million (5591.7 million) budget cap, International Automobile Federation (FIA) president Max Mosley said yesterday. "(There could be) a higher figure (next year), and then
      Reuters  -  453 words
    • Article
      Lock icon Argentina could host F1 race from 2010
      186 20 AP [MONACO] Argentina could host a Formula One race from as soon as 2010, according to Fl boss Bernie Ecclestone. Mr Ecclestone said on Saturday that discussions were ongoing with representatives of the Argentine government and that a race could be held there
      AP  -  186 words
    • Article
      Lock icon New US team aims to add American spirit to F1 culture
      1082 20 ■NYT With US-built car and US drivers, it hopes to popularise F1 in US [MONACO] The United States and Formula One are words rarely spoken in the same breath. But one place where they have long tended to come
      ■NYT  -  1,082 words
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  • SHIPPING/AVIATION
    • Article, Illustration
      Lock icon Dry bulk shippers hope China will lead revival
      945 21 Reuters, Bloomberg Analysts are divided, some daunted by the high inventories of Chinese iron ore [CHICAGO] Just a year ago, on May 20, 2008, the Baltic Exchange's dry sea freight index which tracks prices to ship commodities such as iron ore, coal,
      Reuters,; Bloomberg; BLOOMBERG  -  945 words
    • Article
      Lock icon Plane buyers can get funding: Boeing
      320 21 AP [PITTSBURGH] Despite an ongoing global credit crunch, Boeing Co should not have to finance more airplane purchases for customers this year as other funding is available on the market, the company's chief financial officer said on Thursday last week. The Chicago-based aerospace giant
      AP  -  320 words
    • Article, Illustration
      Lock icon US air shows offer cheap family thrills
      780 21 LAT-WP [LOS ANGELES] Reces-sion-weary families looking for affordable entertainment are increasingly turning to air shows as a source of cheap thrills, served up with a dollop of red, white and blue. While theme parks and other family entertainment venues struggle for business in
      LAT-WP; AP  -  780 words
  • Page 21 Advertisements
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      73 21 PAY ONLY FOR WHAT YOU SHIP. ll±i*i!MBW>]MHSl±ll»Mß OCEAN FREIGHT FROM DHL 1 Bh^ L!mw"Even when your consignment is less than a container, you can ship it anywhere across the world. With LCL Ocean Freight from DHL. What's more, you pay only for the space you use. Add to that DHL's
      73 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      231 21 CRYPTIC CROSSWORD ACROSS 1 Someone well balanced Ft [7 1 rnr {A\ I I I I I I I I turns \t) 11 ly finally (7) 28 Send SAS off to get hurt (7) DOWN Famous bracelet broken by 1 Mistake to cut off ends of 15* e| T-rex seen
      231 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9005 22 Week ended: May 22 Hi* »-wks Tel Low Code Com| Sale ('000) Hi i Low Bu; fer Seller C'vr P/E $mil )ati] 8 3 3148 STelecom 10 2.5 5834 A-Sonk 30.5 12 5000 ABR Hldqs 15 5.5 1938 AEI Corp 8.5 1 1100 AEM 23 7 2101 APOil
      9,005 words
    • Article
      Lock icon SGX CATALIST
      1784 23 52-wks Tel High Low Code Company Last Sale Vol Week Last Quote Div Gr Yld Net COOO) High Low Buyer Seller C'vr P/E MCap Smil 19 5 1181 s AAGrp 32 12 8538 t APStrategic 3.5 0.5 1501 s Advanced System 10.5 2 3480 t Adventus 27.5 8.5
      1,784 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      122 23 Stock name Close Change Caj i Land 3.430 +0.040 Caj iMall 1.310 +0.010 Cit' 8.240 +0.210 ComfortDelGro 1.310 +0.010 Cosco Cor| 1.190 +0.040 DBS Gr| 11.800 +0.200 F&N 4.030 +0.050 Gentini SP 0.810 +0.080 Golden At iri 0.465 +0.030 HKLand 3.130 +0.230 tocl name lose lange
      122 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      99 23 Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 3 3 OOP 12 3 3 Manufacturing 95 92 48 10 15 14 105 107 62 Commerce 36 32 16 40 39 22 >r/Cc ms 21 15 21 16 Finance 23 23 Construction 16 18
      99 words
    • Article
      Lock icon SGX ETF
      379 23 _Hm Low Code Comi Sale COOO) _Hm Low Bui Seller C'vr P/E imil 109 100 6389 ABF SG Bond ETF 964 427 CIMBAsean40 100US$ 232 149 DBS STI ETF 100 2510 1682 DBXTFTChina25 10US$ 3870 3228 DBXT FTVietnam 10US$ 1360 850 DBXT MSTaiwan 10US$ 9958 5220 DBXT Nifty
      379 words
    • Article
      Lock icon CLOB INTERNATIONAL
      245 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
      245 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 23 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 180.216 180, .216 461.604 461.604 Manufacturing 3.038.738 270.958 3.309.696 1.640.567 11.239 1.651.806 Commerce 1.202.339 430.984 1.633.323 590.948 121.004 711.952 Tpt/Stor/Comms 1.308.889 2.354 1.311.243 1.667.144 137 1.667.281 Finance 222.615 222.615 1.650.642 1.650.642 Construction 730.127 25.897 756.024 138.472 641 139.113 >roi
      117 words
    • Article
      Lock icon STOCKS ASIA
      2747 23 Transaction date: May 22 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 \sia Satellite \sm Pacific !ank Of E Asia Jeida Jade Bird Jeijing
      2,747 words
  • Page 22 Advertisements
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      368 24 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mai 22 World Index Preliminary 686.3 0.2 1.2 -0.4 2.7 0.8 2.7 EAFE Preliminai 662.7 -0.3 2.1 -0.4 4.4 0.7 4.: Euro[ Prelim inan 922.2
      368 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 24 As at 9am May 22 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.1190 1.1540 Can dollar 1.2690 1.2830 Euro 2.0090 2.0310 NZ dollar 0.8840 0.9040 Sterlini md 2.2880 2.3151 US dollar 1.4400 1.4570 Local dollars to 100 units of foreign
      131 words
    • Article
      Lock icon INTERBANK RATES
      172 24 May 22 Overnight 1/16 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 1/16 US$ Offer 1/32 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.32 0.41 0.70 0.80 1.15 2.00 2.10 Offer 0.21 0.31 0.40 0.50 0.75
      172 words
    • Article
      Lock icon STOCK INDEX FUTURES
      16 24 May 22 STI SIMSCI Ma' 266.5 272.7 272.3 Taiwan Ma' 245.8 247.6 245.1
      16 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 24 May 22 Bid Offer 1-month 1.4469 1.4485 2-months 1.4469 1.4485 3-months 1.4467 1.4484 6-months 1.4466 1.4484 Source: OCBC
      21 words
    • Article
      Lock icon PALM OIL
      61 24 May 22 Delivery Month Opening Sett Av Range Price Price Hii Low Vol Open Done Position Jun 09 2514 Jul 09 2580 Aug 09 2540 Sep 09 2525 Total o/p: ***** contracts 2595 2650 2514 788 5875 2553 2596 2528 2427 ***** 2521 2559 2494 ***** ***** 2510
      61 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      295 24 May 22 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun09 Sep09 Dec09 Mar10 99.3200 99.2600 99.0650 98.9450 6684 5328 3763 3569 EUROYEN TIBOR FUTURES Jun09 99.455 99.455 Sep09 99.525 99.525 Dec09 Mar10 Jun10 Sep10 DedO Mar11 99.450 99.525 99.450 99.525 99.535 99.515 99.480 99.400 99.355 99.270
      295 words
    • Article
      Lock icon SICOM FUTURES
      187 24 May 22 KUbbbK Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) O/l (lots) Jun 09 167.5 Jul 09 Aug 09 Sep 09 Oct 09 166.7 Nov 09 166.8 167.5 166.0 166.0 168.0 168.0 167.5 167.5 167.5 167.5 40 12 22 841 736
      187 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 24 May 22 Period Issue code Maturity Yesterday's Bid Hi' Day's |h Low 3-Month BQ*****X 20.08.09 1-Year BY*****W 03.05.10 0.22 0.33 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0E 3.125 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X
      86 words
    • Article
      Lock icon CHICAGO BOT
      104 24 May 22 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jul 09 1166.00 1175.00 1184.75 1164.00 Aug 09 1134.00 1136.50 1149.50 1132.00 Sep 09 1076.25 1071.00 1083.00 1072.00 Nov 09 1031.50 1023.50 1039.50 1021.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul 09 38.10 37.98 38.49
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      78 24 CRUDE OIL PRODUCTS May 21 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 59.18 -0.98 WTI (Near Mth) 60.38 -1.03 Dubai (1 -Mth F) 58.13 -0.37 Tapis blend 60.95 -0.30 Minas 60.85 -0.05 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 53.82 65.50 -0.13 1.45 USS/barrel Opec
      78 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 24 May 22 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.883 5.306 0.558 6.026 36.670 79.897 0.732 9.704 2.716 1.267 62.511 36.514 1.125 6.505 0.849 25.374 26.692 0.493 0.777 Canada 1.133 6.011 0.632 6.827
      464 words
    • Article
      Lock icon SIBOR
      77 24 May 22 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 1.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) 0.***** 0.***** 0.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP
      77 words
    • Article
      Lock icon PRECIOUS METALS
      137 24 /oz) Hong Kong London 948.00 937.50 949.00 938.50 May 21 May 22 939.90 956.15 940.90 957.15 Source: Thomson Reuters CAST BAR M) May 22 Buying Sellin; Kilobar "47,467.34" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 oz UBS Kinebar™ 105.93
      137 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      153 24 May 22 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1245 1.1263 0.7772 0.7776 Canadian dollar 1.2741 1.2758 0.8806 0.8808 Euro 2.0147 2.0172 1.3924 1.3927 NZ dollar 0.8874 0.8887 0.6133 0.6136 Sterlini 2.2812 2.2840 1.5766 1.5769 US dollar 1.4469 1.4484 S$/US$
      153 words
    • Article
      Lock icon LONDON METALS
      67 24 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 1408.50 1415.00 3 months 1442.00 1450.00 Copper, Grade A (USS/tonne) Cash 3 months 4601.50 4610.00 4452.00 4470.00 Lead (USS/tonne) Cash 3 months 1432.00 1439.00 1383.50 1391.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00 *****.00 3
      67 words
    • Article
      Lock icon LIFFE
      76 24 May 22 (£/tonne) Close Prev Hii ih/Low Jul 09 1611 1597 1618/1577 Sep 09 1613 1602 1618/1582 Dec 09 1612 1607 1617/1593 Mar 10 1613 1613 1620/1595 COFFEE (USS/tonne) Close Pev High/Low May 09 1489 1512 1499/1499 Jul 09 1516 1539 1548/1512 Sep 09 1528 1548 1558/1526 SUGAR (US
      76 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2610 24 BONDS, WARRANTS EXTENDED SETTLEMENT rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 >036 Advance SCT Ltd W*****9 S092 Asia Environment W*****4 2.5 ***** 0.5 -4.5 50 15 87 38 46 4.80 2400 7.00 60 48.00 60 15 3
      2,610 words
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  • Page 25 Advertisements
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      Lock icon Page 25 Advertisements Column 1
      2952 25 The Business Times Shipping Times M ___F^| WAN HAI INTERNATIONAL PTE LTD UEN: *****4695 M f^-B £^V^| W _-_L%-E SJBWtOE'BfrjwfjLf %Tx_l\ lAf A M MAI I ILI IT TEL *****588 (14LINES) FAX:*****163 V. V 2/~ lilt IiTE^TIH BffllßHHWffßjlfflHH V. \PI 1 l/lf/lN HAI INt__) PKL TEL: (03| *****8»8 FAX: <03)
      2,952 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      2944 26 r^HHEIIiBD^^^^^HI In E EASTERN CAR LINER, LTD IpH ijljTFT^ I \|f—~—i specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I I ■iPTHHifmpp^^^^^^^^^^^^^^"^^^^^^"^^^^^^^^^^^^^"^^^^^^^^^^^"^^^^^"^^^^^"^^^^^"^^ I *I^m _M__ M-M^fft^] v I *t^H^I^IKiTT7B? I■ I t£w^h*i T_l mB i ifi fiViii^B \^^^*^\T!cUn!!i!tßVKt ISSSrAL VOY _RaalKH_ Ulling<KT> MUA —M_ PKL —M—
      2,944 words
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  • BizIT
    • Article, Illustration
      Lock icon Infocomm Asia raises its game in Singapore
      534 27  -  WINSTON CHAI Games distributor aims to double its 2009 sales to $40 million By HOME-GROWN games distributor Infocomm Asia Holdings (lAHGames) will boost its headcount by up to 50 per cent and widen its product portfolio in a bid to sail into the
      534 words
    • <what's up>
      • Article
        Lock icon New Asean MD at F5 Networks
        79 27 F5 NETWORKS has appointed Teong Eng Guan managing director of its operations in the Asean region. In his new role, Mr Teong will head Fs's sales and operations in six regional markets Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. Prior to joining F5,
        79 words
      • Article
        Lock icon S'pore films shoot for the world
        91 27 THE Media Development Authority of Singapore (MDA) has appointed Hong Kong's Distribution Workshop as its worldwide sales agent for the first batch of films produced under a new initiative to help take local productions global. MDA's recently-launched International Film Fund (IFF) will invest up
        91 words
      • Article
        Lock icon SingTel link for Everest climbers
        102 27 SINGAPORE'S first women's team to conquer Mount Everest was able to keep in touch with their supporters throughout their arduous climb to the summit with a little help from Singapore Telecommunications. The operator offered a host of satellite communication tools to the team to help
        102 words
      • Article, Illustration
        Lock icon New Asia head at InfoPrint Solutions
        84 27 BUSINESS printing specialist Info Print Solutions Company has promoted Christopher Reid (right) to vice-president and general manager of its operations in the Asia-Pacific region. Based in Singapore, he will oversee the firm's sales, channels, services, finance and marketing functions across the region. Mr Reid
        84 words
      • Article
        Lock icon Two S'pore firms still in NAVTEQ contest
        91 27  -  WINSTON CHAI TWO home-grown companies have made it to the semi-finals of NAVTEQ's Global LBS (location-based services) Challenge. Nano Equipment's geo-tagged mobile video broadcast and ten Cube's Wave Secure anti-theft mobile application are the only two local entries among the 13 shortlisted to
        91 words
    • Article
      Lock icon Don't be exposed by e-mail abuse
      668 27 &lt;you say&gt; By 808 YAP I™HE consensus that businesses need to get more serious about inappropriate e-mail usage has been building for some time. But, in an environment where many businesses are struggling simply to stay afloat, warnings about inappropriate use of business e-mail
      668 words
    • Article, Illustration
      Lock icon S'pore contact centre apps market up 24%
      901 28 Market showed healthy growth despite being mature, writes AMIT ROY CHOUDHURY THE Singapore contact centre applications market grew by a healthy 23.8 per cent to US$2O.2 million in 2008, despite the challenging economic conditions, according to a study by Frost Sullivan. Frost's Shivanu
      901 words
    • <what's new>
      • Article, Illustration
        Lock icon New Aurvana goes for form and function
        114 28 CREATIVE Technology aims to take consumers to audio nirvana with the latest addition to its Aurvana earphone line-up. The new Aurvana Air (right) promises a snug and comfortable fit with the use of lightweight nickel-titanium alloy for the ear hook. It also claims
        114 words
      • Article, Illustration
        Lock icon Samsung gets touchy with new phones
        151 28 SAMSUNG has taken the wraps off two new handsets to capitalise on the consumer craze for touch-screen phones. The Samsung Star ***** (right) is an entry-level device with a three-inch WQVGA screen and an integrated 3.2 megapixel camera. It also incorporates an accelerometer sensor
        151 words
      • Article
        Lock icon StarHub's mobile broadband scheme
        115 28  -  WINSTON CHAI CONSUMERS who require occasional broadband access when they are on the go will no longer need to be tied down to a fixed monthly subscription plan with the introduction of a new prepaid scheme by Star Hub. The operator's new Max Mobile Prepaid plan
        115 words
    • Article
      Lock icon S'pore poised to catch up-cycle in semicon sector
      668 28  -  AMIT ROY CHOUDHURY By, By DESPITE the current economic uncertainties, Singapore is well positioned to take advantage of the next growth cycle in the semiconductor and photovoltaic (PV) industries, according to the latest assessment by semiconductor industry association SEMI. Speaking to BizlT,
      668 words
    • Article, Illustration
      Lock icon Solid debut but not quite the perfect Storm
      700 28 &lt;cool stuff&gt; ONG BOON KIAT weighs up the hits and misses of Blackßerry Storm, the first touch screen smartphone from Research In Motion WITH the Blackßerry Storm finally reaching our shores last month, Blackßerry users here can at last upgrade to a
      700 words
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      1920 27 X^l^^^ M. I V^, Jl' i Toll free: 1800-289-8822 Email: notices@sph.com.sg •www.cats.com.sg v Credit Suisse Consolidated Balance Sheets at 31 December 2008 Report of the Statutory Auditor on the Consolidated zoos 2007 Financial Statements to the General Meeting of CHFm CHFm Credit Suisse, Zurich Cash and due from banks 90,521
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