The Business Times, 24 July 2009

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Microfilm: NL30092
Total Pages: 34
1 34 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 Sffll A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Friday, July 24,2009
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  • Article
    Lock icon Despite blips, SingTel rides the cycle best
    1091 1  -  GENEVIEVE CUA Wealth-added ranking shows how firms did across business cycle, in good times and bad By [SINGAPORE] Singapore's top companies in terms of their ability to create wealth for shareholders are unlikely to hold on to their top spots in a time
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  • Article
    Lock icon SGX to give Bocker a cheery X'mas cheque
    485 1  -  CHEW XIANG Ss6.Bm guaranteed when he joins in Dec but this includes lost bonus compensation By [SINGAPORE] The Singapore Exchange's (SGX) incoming chief executive Magnus Bocker will get at least Ss6.B million when he joins in December, the company said yesterday. The
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  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      45 1 1COMP 1,152.15 +3.45 IIKKEI225 9,792.94 +69.78 IANG SENG 19,817.70 +569.53 ;et index 612.19 +13.97 JAKARTA COM P MANILA COMP 2,160.72 2,612.00 +35.10 -0.38 ;eoulcomp 1,496.49 +2.45 ;henzhen b 546.74 +4.25 IUMBAI IND 15,231.04 +387.92 12 noon EDT Cham )OW 9,047.97 +166.71 IASDAQ 1,966.58 +40.20
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    • Article
      Lock icon PRIME RATES
      27 1 Source: Bloomberg MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 15.825 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.51 INDIA 11.75
      Bloomberg  -  27 words
    • Article
      Lock icon FOREX
      49 1 USS SS US$ (S$ per US$) 1.441 (USS/SS per 1.652 2.379 EURO (US$/S$/E) 1.424 2.051 Forei' in currenc ier US$ S$ YEN 94.30 65.50 RM 3.541 2.458 HK$ 7.750 5.380 BAHT 33.98 23.59 RUPIAH 10,033 6,964 RENMINBI 6.831 4.742 INDIAN RUPEE 48.45 33.63 1.220 0.847 NZ$ 1.514 1.051
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      100 1 BOOKS lO^ EXECUTIVE LIFESTYLE WINE CORPORATE RESULTS Faber and Faber mj^^^M Party planning for PinotNoirs Keppel Corp turns in turns 80 P^flE A M a good cause around the world sparkling Q2 results PAGE 32 A mn] -,-V PAGE2B PAGE3I PAGE 4 A LIFE WELL SCRIPTED i It's important to
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  • TOP STORIES
    • Article, Illustration
      Lock icon Asian recovery looks to be on track: ADB
      600 2  -  ANTHONY ROWLEY Spore growth for 2010 forecast at 3.5%, and the rest of Asean 4.2% By, in Tokyo ASIAN economies appear to have turned the corner from the global recession and should be able to double next year the anaemic growth rates
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    • Article
      Lock icon Here's a house – and a $50k mattress
      414 2  - Here's a house and a $50k mattress JOYCE HOOI By, [SINGAPORE] Hersing Corporation's Harry Chua does not want to sell you just a house he wants to sell you a mattress along with it, as well. Two months after Hersing's quiet opening of the Dozz Mattress showroom at its headquarters
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    • THREE-MINUTE DIGEST
      • Article
        Lock icon Despite blips, SingTel rides the cycle best
        84 2 SINGAPORE'S top companies in terms of their ability to create wealth for shareholders are unlikely to hold on to their top spots in a time of severe economic and market stress, a study by Stern Stewart has found. But investors who stayed invested
        84 words
      • Article
        Lock icon SGX to give Bocker a cheery X'mas cheque
        66 2 THE Singapore Exchange's incoming chief executive Magnus Bocker will get at least $6.8 million when he joins in December, the company said yesterday. The sum comprises $750,000 in annual salary, at least $933,000 in guaranteed bonus for the seven months to June
        66 words
      • Article
        Lock icon Asian recovery looks to be on track: ADB
        68 2 ASIAN economies appear to have turned the corner from the global recession and next year should be able to double the anaemic growth rates they are expected to post in 2009, the Asian Development Bank said yesterday. But it warns in its
        68 words
      • Article
        Lock icon Keppel Corp posts best-ever quarterly figures
        63 2 KEPPEL Corp turned in its best-ever quarterly results in the second quarter, with a net profit of $317.3 million before exceptionals a 6 per cent rise from $299.3 million in Q2OB. With the benefit of gains from the $1.47 billion sale of SPC to
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      • Article
        Lock icon AWT tells stakeholder to show dear plans for the business
        63 2 TROUBLED Asia Water Technology has challenged a major stakeholder at the centre of a takeover tussle to table concrete plans to turn the business around. AWT chairman Victor Ng said that if shareholder Kareti Venkataramana opposes a proposed bailout by
        63 words
      • Article
        Lock icon Q2 distributable income at Ascott trust down 17%
        54 2 ASCOTT Residence Trust has posted year-on-year declines in distributable income of 17 per cent for the second quarter and 20 per cent for HI. On a brighter note, the Q2 2009 figure was a 2 per cent improvement from the preceding quarter.
        54 words
      • Article
        Lock icon Preview of two condo projects planned for next week
        44 2 TWO 99-year leasehold condominium projects next to MRT stations are slated to be previewed next week Far East Organization's Centro Residences next to Ang Mo Kio Hub and TlD's Optima@Tanah Merah. SINGAPORE NEWS, PAGE 12
        44 words
      • Article
        Lock icon Bernanke gets top marks from global investors: poll
        63 2 GLOBAL investors give Federal Reserve chairman Ben Bernanke top marks for combating the worst financial crisis since the Great Depression and overwhelmingly favour his reappointment amid optimism that the world economy is on the mend. Almost 75 per cent investors in a
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      • Article
        Lock icon KL eases rules but listings may not pick up yet
        52 2 MALAYSIA is likely to see more corporate activity, including better-quality listings, now that equity ownership rules have been eased, analysts say. But because economic conditions are weak, activity is only expected to pick up in six to 12 months. MALAYSIA/INDONESIA,
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      • Article
        Lock icon China has more room for stimulus, says IMF
        52 2 CHINA has scope for more government spending to counter rising unemployment, the International Monetary Fund said. A low level of public debt leaves room to expand a four trillion yuan spending package, according to the executive directors at the IMF. GREATER CHINA,
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    • Article, Illustration
      Lock icon Keppel Corp posts best-ever quarterly figures
      531 4  -  VINCENT WEE With gains from sale of SPC, Q2 earnings more than double to $739.5 m By [SINGAPORE] Keppel Corp turned in its best-ever quarterly results in the second quarter, with a net profit of $317.3 million before exceptionals a 6 per cent rise
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    • Article
      Lock icon US home resales rise more than forecast in June
      335 4 Bloomberg LATEST US DATA [NEW YORK] Home resales in the US rose in June for a third consecutive month, spurred by tax incentives, lower borrowing costs and foreclosure-driven declines in prices. Purchases climbed 3.6 per cent to an annual rate of
      .- Bloomberg  -  335 words
    • Article
      Lock icon Royal Vopak mulls Johor oil storage terminal
      446 4  -  RONNIE LIM Expansion on Jurong Island is limited by lack of land By [SINGAPORE] Lack of land for oil storage on Jurong Island has prompted Royal Vopak one of Singapore's biggest independent tank farm operators to consider building a big new terminal in
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      Lock icon Page 2 Advertisements Column 1
      88 2 I The Great Way To Live DESIGNER BED ROOM STYLISH BED UPHOLSTERED WITH WHITE LEATHER. ACCENTS AND LEGS IN CHROMED STEEL COLLECTION (MADE IN ITALY) SLEEK DINING TABLE IN "CANELA NOIRE" FINISH SOFA UPHOLSTERED WITH ITALIAN FABRIC FRAME WITH ACCENTS HORIZONTAL BAR BASE HAVE A"CANELA NOIRE" FINISH WITH LEGS IN
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      Lock icon Page 2 Advertisements Column 2
      77 2 Head to CATS FASTADS in The New Paper for job opportunities! BSAT3 i BUYIT-SELLIT-FINDIT g. Live the Ultimate An elite home theatre, yBRBjTit- 11, Designed for the exclusive few by www.ongradio.com j|V. i I i 176 Orchard Rd 1 Coleman St H^^V jfijj K^l Tfle Centerpoint The Adelphi K^y Mil'
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      860 3 The Rights Issue Important Dates and Times 2 YTL Pacific Star REIT Management Limited, as manager of Starhill Global REIT, is undertaking a fully underwritten and renounceable l-for-1 Rights Issue to raise Friday, 24 July 2009 Despatch of Offer Information Statement ("OIS") dated gross proceeds of approximately *****.3 million. 21
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      647 4 W Fair Price f/hest Bringing the fine life closer to you Indulge In Bordeaux's Finest IEAuPmJ Delight your taste buds with our exquisite range JBJ II JBL mdoc 1 of Bordeaux reds. Located in the south west of jtU Bk .iOM mtk Ij i i IHH France, this second largest
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      137 5 jpj^^^jgtesBßSyj»j^sy^3i ■■*■>'■* ■^^^^^^V^^^^^^^t^T BB^^^^^tß^^^^^^tß^^^^^^tß^^^^^^wM^^^^^P ■■■■■■■■■M The Sydney Collection BSwHH Saturday 25th BHWWIII^ t Sunday 26th July BpVHMlMMlUllik^^ nee 9's Singapore ■I^MipppiMpEiHflHM Embassy C Consulate Rooms J^g gg m Q 29 Tanglin Road, Singapore Exhibition "^HSbmIbI Wm I Ham to 7pm SatC Sun Choice of CBD, university precinct mMm^SlMiifai^ LJfaM l^^^ffl^S
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon AWT tells stakeholder to show clear plans for the business
      635 6  -  OH BOON PING All eyes on EGM next week as EGN Nominees seek to change management By TROUBLED Asia Water Technology (AWT) has challenged a major stakeholder at the centre of a takeover tussle to table concrete plans to turn
      635 words
    • Article, Illustration
      Lock icon Chartered shares hit five-week high
      310 6  -  ONG BOON KIAT The counter closed eight cents higher at $2.27 yesterday By CHARTERED Semiconductor Manufacturing shares have climbed to a five-week high on the eve of its second quarter earnings announcement. The counter, which has been gaining in the past week, yesterday closed eight
      FILE PHOTO  -  310 words
    • Article
      Lock icon Recent contract wins raise Rotary Engineering's stock
      412 6 A CONTINUING flow of high value-added contracts has prompted analysts to re-rate Rotary Engineering, driving its stock to a year-high yesterday. Rotary said on Wednesday night that it had clinched two more deals worth a total of $84 million. The first, worth $48
      412 words
    • Article
      Lock icon Pacific Shipping Trust posts 20% drop in Q2 profit
      337 6  -  JOYCE HOOI ByJ PACIFIC Shipping Trust (PST) has reported a 20 per cent year-on-year fall in net profit to US$6.7 million for its second quarter ended June 30, 2009 despite a 54 per cent increase in gross revenue to US$l5.5 million.
      337 words
    • Article
      Lock icon Uni-Asia cashes in on shipping gloom
      347 6 UNI-ASIA Finance Corporation, a structured-finance arranger and alternative-as-set investor, revealed plans yesterday to swoop in on ships being sold on the cheap. To this end, the ship-in-vestment fund manager will be setting up a new 'opportunity-driven fund' which will capitalise on the hard times
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    • COMPANY BRIEFS
      • Article
        Lock icon Asia Power's private share placement
        42 6 ASIA Power Corp is selling 60 million new shares at 15.5 cents each in a private placement. The net proceeds, estimated at $9.3 million, will be invested in a Chinese subsidiary that is building a power plant.
        42 words
      • Article
        Lock icon Yanlord's Nanjing project 94% sold
        60 6 YANLORD Land Group says it has sold 597, or 94 per cent, of the 636 apartment units in the first phase of its Nanjing Yanlord Yangtze Riverbay Town project, since their launch last Saturday. The average selling price was 15,000 yuan (553,170) per square metre,
        60 words
      • Article
        Lock icon Sino Construction sees drop in profit revenue
        70 6 SINO Construction expects to report a decline in construction revenue and profit in the second quarter and first half of this year, although it "remains profitable". It blamed a drop in new construction projects for the weaker performance, but said that it was
        70 words
      • Article
        Lock icon Sim Siang Choon refunded $3m
        75 6 SIM Siang Choon has been refunded $3 million of a $5 million cash deposit it paid to Empire Holdings, after a memorandum of understanding between the firms, signed last July, lapsed. The company said that it was pursuing repayment of the remaining $2 million, which
        75 words
    • Article
      Lock icon Look abroad, banks
      693 8  -  CONRAD TAN m HERE should Singapore banks go from here? Shareholders might well be asking themselves that question. Few bank watchers are expecting any surprises, good or bad, to emerge from the banks' se-cond-quarter results next month, so the banks will have to do very well or
      693 words
    • Article
      Lock icon Poor Q1 seen for SI A but outlook improving
      481 8  -  YEN SREENIVASAN By SINGAPORE Airlines is likely to post an operating loss for the April-June quarter thanks to weak travel demand and pressure on yields. But the worst may be over, if the recent pick-up in key economic indicators is any
      481 words
    • Article
      Lock icon Aztech Q2 profit doubles to $5.65m
      349 8  -  ONG BOON KIAT By PROPELLED by its maturing construction materials supply arm, the Aztech Group has doubled sec-ond-quarter net profit to $5.65 million, from $2.82 million a year ago. For the three months ended June 30, turnover grew 41 per cent to $86.73 million.
      349 words
    • Article
      Lock icon CRCT's Q2 property income up 17%
      376 9  -  EMILYN YAP By CAPITARETAIL China Trust (CRCT) yesterday posted a net property income of $19.4 million for the second quarter ended June 30 up 17.3 per cent from a year ago due largely to the strengthening yuan. In yuan terms, net property income was
      376 words
    • Article
      Lock icon MapletreeLog Q2 prop income up 19%
      263 9 MAPLETREE Logistics Trust (MapletreeLog) hopes to maintain its gearing level and is likely to support future asset acquisitions through equity fund-raising. The trust said this yesterday as it posted net property income of $45.7 million for the second quarter ended June 30. This was
      263 words
    • Article
      Lock icon Q2 distributable income at Ascott trust down 17%
      621 9  -  KALPANA RASHIWALA Distribution per unit at 3.55tf for H1 2009, down from 4.52< for H1 2008 By ASCOTT Residence Trust has posted year-on-year declines in distributable income of 17 per cent for the second quarter and 20 per cent for HI. On
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    • Article
      Lock icon Association for derivatives traders launched
      371 9  -  CONRAD TAN By THE Singapore Exchange (SGX) and a group of its trading members yesterday launched a new association to represent the interests of individual professional derivatives traders here. The Association of Financial and Commodity Traders (Singapore), or Afact, will focus on professional training. Its
      371 words
    • Article, Illustration
      Lock icon First Reit posts flat Q2 results
      388 9 HEALTHCARE real estate investment trust (Reit) First Reit closed its second quarter with a flat performance amid the downturn. It reported a net property income of $7.41 million yesterday for the quarter ended June 30, down 0.2 per cent from a year ago. Although
      388 words
    • Article
      Lock icon Frasers trust distributable income dips
      292 9 FRASERS Centrepoint Trust (FCT) yesterday reported a 1.1 per cent year-on-year dip in distributable income for its third fiscal quarter, to $12.1 million. But distribution per unit rose 3 per cent to 1.94 cents, from 1.88 cents a year earlier when the trust retained 5
      292 words
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      Lock icon Page 6 Advertisements Column 1
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      63 words
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      119 7 BY TANGLIN 1^ SrH^lsSSS,"^ meParaoon "'film /AY InnlTN VtMlf ll ORCHARD ROAD _^r I Gardens hr isa— B~^"~>»^ .^^^^M^a HOLLAND ROAD 3 m GRANGE ROAD Anchor to orchard rd a S Crescent Girls' < Point ir«pprox.sm«iu»s'dw«; A School f ALEXANDRA ROAD > TO CBD/NEW DOWNTOWN IKtA g »SC=NT* (approx. 8
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      88 8 Call 6-222 6868 to find out Account Serve mOTG tOQSy. www.AccountServe.com.sg V^ Beyond 40 Years/ o 3 Canada 5 Si. Japan USA 8 China Brazil Taiwan France Thailand |L Germany Mongolia mk UK Cambodia Switzerland Nepal Netherlands Malaysia W Egypt Indonesia m Austria Philippines i Israel Singapore W Czech Republic
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      138 9 Internet Adobe Reader Calendar Communities Messenger Screen images are simulated. ©2009 Samsung Electronics Co. Ltd. I i^F^^^^^l UDSIZBU. Wl cer <^PW^ Work anywhere with Windows Mobile Navigate f M I j^^^^l Ii Wk\ I with GPS and AGIS NAVFone navigation software i |l HI Q| j Surf uninterrupted with 3.5G
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Rally resumes on recovery hopes
      565 10  -  R SIVANITHY STOCKS Programme trades played a large part in the index's gain yesterday ECONOMIC recovery hopes continued to underpin trading yesterday, with prices rising across the board. As always, the Straits Times Index (STI) took direction from Hong Kong's Hang Seng Index, the latter
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      91 10 Up Down Unch Up Down Unch Up Down Unch lulti Ind 10 2 4 0 0 0 10 2 4 lanufacturing 104 21 57 14 112 23 71 Commerce 41 11 21 48 17 25 'pt/Stor/Comms 28 30 :inance 16 16 Construction 15 16 'roperties 37 37
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 10 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 24,535 24,535 87,491 87,491 lanufacturing 441,497 44,171 485,668 239,614 1,852 241,466 lommerce 158,345 9,339 167,684 99,749 2,630 102,378 'pt/Stor/Comms 152,705 2,508 155,213 254,513 583 255,096 :i nance 34,330 34,330 297,066 297,066 lonstruction 139,542 9,937 149,479 40,613 160 40,773 'roperties
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      102 10 lapitaLand 3.890 +0.160 Noble Grp 1.780 +0.030 lapitaMall 1.550 +0.020 OCBCBk 7.140 +0.120 jtyDev 9.880 +0.390 Olam 2.380 +0.090 lomfortDelGrc 1.420 +0.020 SGX 7.990 +0.370 losco Corp 1.200 +0.020 SIA 13.360 -0.180 IBS Grp 12.380 +0.200 SIAEngg 2.810 +0.050 :&N 3.860 SMP.T 1.800 +0.030 ienting SP
      102 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      821 10  -  CONRAD TAN ROTARY has clinched a $48 million engineering, procurement and construction contract from PTT Tank Terminal Company in Thailand, for the construction of an ammonia storage tank and facilities at the Map Ta Phut petrochemical hub in Thailand's Rayong Province. The scope of work includes the supply
      821 words
    • Article, Illustration
      Lock icon Rupiah rises but faces key resistance
      341 10 Reuters CURRENCIES [SINGAPORE] The Indonesian rupiah rose against the US dollar yesterday as risk appetite improved modestly, while the Thai baht's gains sparked US dollar buying by the central bank. Asian stocks looked set to test the previous day's 10-month high while the US
      ■ Reuters; BLOOMBERG  -  341 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 10 DAILY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      58 10 Jul 23 VALUE CLOSE IT OB/OS 995.00+120.0 IT CADI -*****.00 +263.0 IT 10-day MA -*****.00 +99.00 TSE ST Mid Cap 562.42 +11.19 TSE ST Small Cap 468.36+12.62 TSE ST All Share 607.12 +9.28 TSE ST China Top 256.49 +6.46 TSE ST China 250.35 +6.01 TSE ST Catalist
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    • Article
      Lock icon MOST ACTIVE STOCKS
      56 10 VOLUME Gentinq SP 163,347,000 Golden Aqri 75,986,000 DMX Tech 49,674,000 UniFiber 47,107,000 Gems TV 42,518,000 CapitaComm 42,262,000 *StarCruises 38,727,000 Pac Andes 34,124,000 SingTel 33,897,000 Mediaßinq 32,679,000 VALUE(S) Gentinq SP 130,890,765 SingTel 111,379,200 Capita Land 108,406,160 DBS Grp 100,807,160 SGX 98,780,570 UOB 64,660,200 Wilmar 56,872,130 Keppel Corp 55,703,352
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    • Article
      Lock icon RISES
      99 10 CLOSE UP iBXT FTVietnam 10US$ 4403 326.9 5.4 LD 10US$ 9358 106.6 0.: iBXT FTChina25 10US$ 2904 77.8 1. lardine C&C 2074 64.0 3., China H 10US$ 1535 49.0 2. iBXT Ni 10US$ 9392 47.5 0.. ;GX.ES.O9O7 797 41.0 5.. IOB 1606 40.0 2.' At 988 39.0 4.1 ;txpo
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    • Article
      Lock icon FALLS
      113 10 CLOSE DOWN 2710 -57.6 -1.5 IMH 'ilmar.ES.0907 545 -21.0 -3.7 iBXT S&P Short 10US! 6520 -20.2 -0.2 MS India 10US! 1233 -18.7 -1.1 IlA 1336 -18.0 -1.3 filmar 549 -13.0 -2.3 IOIL 126 -13.0 -6.7 iBS BNP eCW*****7 76.5 -12.0 -13.6 ilA 200 1340 -12.0 -0.9 iBS Bk6% NCPS
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    • Article
      Lock icon CURRENCIES
      87 10 Wh lere S! stands Jul 23 CHNG CLOSE FR Jul 22 YR2009 S$ LOW S$ HIGH uss 1.4405 0.22 1.5579 1.4308 Euro 2.0487 0.03 2.0732 1.9150 Pounds 2.3811 -0.70 2.4051 2.0356 1.1801 -0.40 1.1816 0.9453 ren* 1.5245 1.25 1.7278 1.4831 Rupiah* 0.***** -0.15 0.***** 0.***** Baht* 4.2393 0.10 4.3390
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      185 11 Main Sponsors: r Wv MINISTRY OF "iM™s# fJiaiaMa^ A WSHrOLJNr i L Wl MANPOWER winner O f WSH Performance (Gold) Award Vl GammOn Winner of WSH Performance (Silver) Award Winner of 4 WSH Performance (SHARP) Awards Winner of 6 WSH Performance (SHARP) Awards Co-Sponsors: City Developments Limited Eastman Chemical Singapore
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  • SINGAPORE NEWS
    • Article
      Lock icon No go for NTUC's Sentosa resort
      250 12 THE entertainment arm of the National Trades Union Congress (NTUC) has put the brakes on a $45 million resort project on Sentosa. NTUC Club unveiled plans for the Palawan Beach resort in 2005, and the 200-unit development was to be ready in 2008. But
      250 words
    • Article
      Lock icon Great S'pore Feast kicks off today
      237 12  -  LI DAN WEI By A GREAT Singapore Feast (GSF) is planned by the Restaurant Association of Singapore (RAS) to boost F&B patronage amid the economic downturn. By making $1 million of dining vouchers available to Singaporeans and permanent residents, RAS hopes to lift the
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    • Article, Illustration
      Lock icon Preview of two condo projects planned for next week
      424 12 One is next to Ang Mo Kio Hub and the other beside Tanah Merah MRT Station TWO 99-year-leasehold condominium projects next to MRT stations are slated to be previewed next week Far East Organization's Centro Residences next to Ang Mo Kio
      424 words
    • Article
      Lock icon How to profit from good service
      374 12  -  TEH SHI NING By IS there a tension between focusing on the customer, and tailoring service according to customer profitability? Is efficient service necessarily excellent service? These questions, among others, were raised and discussed at yesterday's inaugural Global Conference on Service Excellence. Organised by
      374 words
    • Article
      Lock icon Demanding logistics market seen presenting opportunities
      499 12  -  VINCENT WEE Cost and inventory management are the 2 key priorities By LOGISTICS end-users are becoming more demanding and expecting more efficient operations to reduce inventory costs. And established markets such as Singapore present opportunities for service-parts management, reverse logistics and just-in-time operations, Frost
      499 words
    • Article
      Lock icon Consumer price index falls 0.5% in June
      375 12  -  TEH SHI NING But economists say deflationary pressures are easing By! SINGAPORE'S consumer price index (CPI) fell 0.5 per cent in June from May's levels, and compared to last June, fell by 0.5 per cent too, the Department of Statistics said yesterday. This
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    • Article
      Lock icon Help for SMEs to tap Internet for growth
      300 12 TO help businesses cope with the downturn, Google, Purple Click and the SME Infocomm Resource Centre Singapore Polytechnic (SIRC@SP) have joined forces to offer 158,000 small and medium enterprises in Singapore a business stimulus package. The package aims to help them attract
      300 words
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      64 12 Located in a private club between Turns 8 (Memorial) I and 9 or the race circuit, the St Andrew's and I Esplanade Terraces offer you a place at the heart I of the race action. F&B and room stay packages I are available for Interested parties. Contact Mr Arthur Sketchley
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      140 13 —1.7 k of America*B^?" Merrill Lynch GLOBAL CORPORATE INVESTMENT BANKING GLOBAL MARKETS "Bank of America Merrill Lynch" is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of
      140 words
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  • ECONOMY WATCH
    • Article
      Lock icon Japan's export fall narrows as recession eases
      456 14 -AP June figure down 35.7% from a year earlier the smallest margin in 6 months [TOKYO] Japan's exports in June fell by the smallest margin in six months, adding to evidence that global demand is recovering as the recession loosens its grip. Shipments
      -AP  -  456 words
    • Article
      Lock icon Bernanke gets top marks from global investors: poll
      428 14 Bloomberg [NEW YORK] Global investors give Federal Reserve chairman Ben S Bernanke top marks for combating the worst financial crisis since the Great Depression and overwhelmingly favour his reappointment amid optimism that the world economy is on the mend. Sixty-one per cent
      – Bloomberg  -  428 words
    • Article, Illustration
      Lock icon US business groups warn Senate against starting green trade war
      442 14 neuters Bill could violate US trade obligations, invite retaliation [WASHINGTON] Leading US business groups warned Congress on Wednesday that it could start a "green trade war" by passing a climate change bill that threatens other countries with tariffs on energy-intensive
      neuters; AFP  -  442 words
    • Article
      Lock icon Obama should shift away from free trade deals: report
      314 14 Reuters [WASHINGTON] President Barack Obama should move US trade policy away from the Bush administration's focus on bilateral free trade agreements to a new approach more in line with his economic and foreign policy goals, a report recommended on Wednesday. The
      – Reuters  -  314 words
    • Article
      Lock icon Bank lending worldwide down by US$1.5t in Q1
      340 14 Reuters Much of the drop due to currency moves, says BIS [LONDON] International bank lending dropped again in the first quarter and shrank by over US$6 trillion in the year to the end of March as the financial crisis restrained credit, according
      Reuters  -  340 words
    • Article
      Lock icon TARP funds could generate profit for taxpayers
      403 14 LAT-WP [WASHINGTON] As banks begin paying back their federal bailout money, some lawmakers and government watchdogs worry the Obama administration isn't driving a hard enough bargain on the one part of the investment that could generate a profit for taxpayers. Banks that received
      LAT-WP  -  403 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon KL eases rules but listings may not pick up yet
      497 15  -  PAULINE NG Many IPO aspirants choose to bide their time as the economy is in recession By in Kuala Lumpur MALAYSIA is likely to see more corporate activity, including better-quality listings, now that equity ownership rules have been eased, analysts
      497 words
    • Article, Illustration
      Lock icon Maxis should relist in KL: Najib
      358 15 Bloomberg Firm was valued at about RM4Ob before being taken private [KUALA LUMPUR] Maxis Communications Bhd, the Malaysian mobile-phone company bought out by T Ananda Krishnan in 2007, should relist in Kuala Lumpur to attract investors to the exchange, Prime Minister Najib Razak said.
      – Bloomberg  -  358 words
    • Article, Illustration
      Lock icon KL 'no' to power, gas price hikes
      452 15 Reuters [KUALA LUMPUR] Malaysia's government on Wednesday vetoed price hikes for electricity and natural gas, fearing a repeat of anti-government protests that saw its popularity slump in 2008. Under proposals discussed by the Cabinet on Wednesday, the country's influential Economic Planning Unit had
      ■ Reuters; REUTERS  -  452 words
    • Article
      Lock icon She thought Noordin Top was a teacher
      339 15 -Reuters [JAKARTA] The Indonesian wife of Noordin Top, the region's most-wanted militant because of his role in a string of bomb attacks in Indonesia, did not know his real name and thought he was a teacher, her lawyer said yesterday. Malaysian-born Top is
      -Reuters  -  339 words
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      183 15 f2Q I*3BBBB I J3CKS^JSL Brand Award I W^W \V J^"^ v^*-" Place j^T byJPPepperdine Each Steak we serve is sufficient for an Average Adult's Daily Requirement of Iron(Fe), Sodium(Na) and Protein. Set Lunch from $9.20" Set Dinner from $16.00" m f'^fe^, fc^^ PL ...Resume your shopping spree J Jj a"er
      183 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China has more room for stimulus, says IMF
      667 16 Bloomberg, Reuters It calls for more spending to boost private consumption as jobless rate rises [BEIJING] China has scope for more government spending to counter rising unemployment, the International Monetary Fund said. A low level of public debt leaves room to expand
      Bloomberg, Reuters; AP  -  667 words
    • Article
      Lock icon HK can easily scrap its currency peg
      390 16 Bloomuciy But there is no need for a switch now, says economist [HONG KONG] Hong Kong could "very easily and very quickly" scrap the local currency's 26 year-old peg to the US dollar should the need arise, according to John Greenwood, architect of
      Bloomuciy  -  390 words
    • Article
      Lock icon BOC tops list for minibonds payout
      305 16 Bloomberg [HONG KONG] BOC Hong Kong (Holdings) Ltd has offered to pay HK$3.ll billion (***** million) to investors in notes tied to failed Lehman Brothers Holdings Inc almost half the total compensation extended by 16 Hong Kong banks in a deal brokered by the
      – Bloomberg  -  305 words
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      1011 16 sundaylimi's June 21, 2009 The entree Roasted Marinated Duck Breast in fusion style suits eclectic tastebuds fine. JH Zento's sushi rolls, concocted by H^^^" T; 3 S. an Indonesian-born chef, are fc 3 fc mostly exciting and enticing fll3tfsj ft t tiyiriFMilH^ M WmM W^wT n Tiu' l.ii >l 1
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  • INDIA
    • Article, Illustration
      Lock icon Bharti's Q1 net Drofit up 24%, Deatinq forecasts
      605 17 India's top mobile firm says it is still in merger talks with South Africa's MTN [NEW DELHI] Bharti Airtel yesterday reported a 24 per cent rise in quarterly profit, beating forecasts. Net profit rose to 25.17 billion rupees (Ss74B million) under US
      -Reuters; BLOOMBERG  -  605 words
    • Article
      Lock icon Infrastructure grows at fastest pace in 18 months
      538 17 Reuters [NEW DELHI] Indian infrastructure output grew in June at its fastest pace in 18 months in a sign of improving economic activity while wholesale prices fell for the sixth straight week, bolstering expectations the central bank will hold rates steady at
      – Reuters  -  538 words
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      118 17 LUAUKY I^^S i^^^s Lj^^^^^^^H v ■'^|HE IK.* J fl BHI mum HM| MugMym r r r o GIVE IN TO TEMPTATION WITH h l^>y r(711 IJiiHy i 3 Sunday brunch zenden I i"^^H -X --w Have your way with Zenden's exotic Enjoy special advertisement rates ar^w/ brunch buffet spread. in
      118 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Credit Suisse Q2 profit beats forecasts
      452 18 Reuters It made a net profit of 1.6b Swiss francs despite charge [ZURICH] Market share gains in investment banking and hefty wealth management inflows helped Credit Suisse to beat second-quarter profit forecasts yesterday, despite a large fair value charge on its own debt. Now
      – Reuters  -  452 words
    • Article, Illustration
      Lock icon Porsche axes CEO, sets stage for VW merger
      335 18 Reuters Porsche directors agree to his proposal to raise 5b euros in equity [STUTTGART] Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen (VW) by axing its chief executive and said that it would raise at least five billion
      Reuters; REUTERS  -  335 words
    • Article
      Lock icon S Korea anti-trust agency fines Qualcomm US$208m
      292 18 -Reuters [SEOUL] South Korea's anti-trust agency yesterday imposed a US$2OB million fine on Qualcomm Inc and ordered the US wireless chip and technology company to stop discriminating against companies using competitor's products. The Korean Fair Trade Commission (KFTC) ruling deals a blow to
      -Reuters  -  292 words
    • Article
      Lock icon EBay to grow PayPal platform
      317 18 NYT [SAN FRANCISCO] EBay made its name as the biggest shopping site on the Web. But now, as its e-com-merce business slows, it hopes to become the biggest online payments provider on the Web through its Pay Pal service. If John Donahoe, eßay's chief executive,
      NYT  -  317 words
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      1217 18 IL<s'»l'»!Jl Corporation I Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) Second Quarter 2009 Financial Statement I Dividend Announcement I 1. UNAUDITED RESULTS FOR SECOND QUARTER AND HALF YEAR ENDED 30 JUNE 2009 The Directors of Keppel Corporation Limited advise the following unaudited results of
      1,217 words
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      147 18 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF METRONOME PTE LTD (In Creditors' Voluntary Liquidation) Reg No. *****0296E NOTICE OF RESOLUTION At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 8 Wilkie Road, #03-08, Wilkie Edge, Singapore *****5 on
      147 words
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  • WORLD
    • Article, Illustration
      Lock icon Morgan Stanley losses a major blow for CEO
      767 19 NYT Unlike Goldman, the bank is far less willing to take big risks in the markets [NEW YORK] John Mack has spent a long, storied career helping to build Morgan Stanley into a modern Wall Street powerhouse. But suddenly, the lights have
      NYT; AP, BLOOMBERG  -  767 words
    • Article
      Lock icon Zealously guarding pay despite losses
      259 19 LAT-WP [NEW YORK] Last week, Goldman Sachs Group Inc recorded spectacular quarterly earnings and set aside a huge sum for employee bonuses. On Wednesday, Morgan Stanley showed that a poorly performing Wall Street firm also will dish out the largesse. The big investment bank said
      LAT-WP  -  259 words
    • Article
      Lock icon Geneva banks struggling to rebuild business
      557 19 Bloomberg Assets of funds of funds down 72% from losses, Madoff [SINGAPORE] Geneva banks, which began investing client money in funds of hedge funds during the *****, are struggling to rebuild the business after market losses and Bernard Madoff s Ponzi scheme cut assets
      – Bloomberg  -  557 words
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      1621 19 w WATS JL^I Vfc>/ JL I V_^ 1 S_* Toll free: 1800-289-8822 Email: notices@sph.com. sg www.cats.com.sg M Z-OBEE HOLDINGS LIMITED j^^^^"? BH^Bw Ml^fi (Incorporated in Bermuda) T^' jfl L^bf i I I (ComPany registration number: *****) I a.UUJ.IMMJM.UHMI«UMIiM PACIFIC SHIPPING TRUST NOTICE IS HEREBY GIVEN that an Special General Meeting
      1,621 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Time to move on key accords
      488 20 THE financial panic of last year has mercifully ended and everyone is more confident about economic stability. But consolidating those gains demand expediting two key global agreements on trade and climate change. The Doha Round of global trade talks has been in limbo for
      488 words
    • Article, Illustration
      Lock icon Upturn needs sustained deficit spending, period
      995 20  -  PAUL SAMUELSON Tribune Media Services US economic recovery will come only when funds are continuously given to ready spenders LEGEND tells of the boy who often cried "wolf!" when in fact there was no wolf. It involves the case where the boy cried "wolf!"
      Tribune Media Services; AFP  -  995 words
    • Article, Illustration
      Lock icon US won't back China ethnic policy – terror link or not
      759 20  - US won't back China ethnic policy terror link or not FRANK CHING THE BOTTOM LINE TWO weeks after the outbreak of ethnic violence in Xinjiang, Chinese authorities are working hard to convince the international public that those responsible were not only Uighur "separatists" who want the region to gain independence
      759 words
    • Article, Illustration
      Lock icon Openings for S'pore firms in India
      1240 21  -  S NARAYAN But the private sector alone may not be able to handle the processes and bureaucracy for the projects By! DESPITE its criticisms, the recent Indian Budget is a carefully crafted push for growth. There are promises of a number of reform measures
      AP  -  1,240 words
    • Article, Illustration
      Lock icon Pakistan on the brink?
      825 21  -  NICHOLAS D KRISTOF NYT IT WAS the home of a Muslim religious teacher, but he was stockpiling more than copies of the Quran. His house blew up this month in a thunderous explosion that levelled much of his Pakistani village and could be heard six miles
      NYT; AFP  -  825 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon Delta, AirTran fare better than analyst estimates
      640 22 Bloomberg Delta, taking a USs2s7m hit in Q2, doesn't expect to post a profit in 2009 [ATLANTA] Delta Air Lines Inc, the world's largest carrier, and AirTran Holdings Inc posted second-quarter results that beat analyst expectations as fuel costs fell. The net loss
      – Bloomberg  -  640 words
    • Article, Illustration
      Lock icon Rotterdam port expands despite drop in cargo volume
      497 22 Reuters [ROTTERDAM] From queuing barges and traffic jams to falling cargo volumes and quieter terminals, Rotterdam worker Johan Blinde has seen a struggle with overload at Europe's biggest port turn into a fight for business. In past years, he saw bottlenecks at
      Reuters; REUTERS  -  497 words
    • Article, Illustration
      Lock icon Boeing Q2 profit up 17%, beats estimates
      698 22 ■AP But it is assessing the financial impact of latest 787 delay [CHICAGO] Boeing Co on Wednesday reported a 17 per cent rise in secondquarter profit to beat Wall Street expectations, but the airplane maker said that it was still assessing the financial
      ■AP; AP  -  698 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        107 22 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.50 0.27 1.20 0.56 1.33 0.67
        107 words
      • Article
        Lock icon KLSE
        36 22 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.98 8.70 8.70 3.22 2.80 0.03 0.09 0.03 0.05 unch unch 0.02 0.01 unch 20 731 691 733 4 10 1500
        36 words
      • Article
        Lock icon BANGKOK
        12 22 ■oo ■recious Ship Jegional Cont 15.70 9.75 0.10 0.10 2271 344
        12 words
      • Article
        Lock icon HONGKONG
        11 22 '000 Doil iingamas Cont 36.20 1.15 0.60 1186 0.03 *****
        11 words
      • Article
        Lock icon PHILIPPINES
        17 22 '000 Aboitiz Equity Intl Container Keppel Marine 6.80 17.25 2.02 unch 0.25 0.02 605 1513 2
        17 words
      • Article
        Lock icon TAIPEI
        22 22 Evergreen Marine ....19.15 :irst Steamship 46.45 /Van Hai Lines 16.10 r"ang Ming Marine...12.65 -0.35 -0.65 0.45 -0.15 6 2 4 10
        22 words
      • Article
        Lock icon TOKYO
        40 22 '000 (awasaki Hvy Ind ..245.00 (awasaki Kisen 365.00 Mitsubishi Hvy 374.00 i/litsuiEng&Sbldg...230.00 Mitsui Osk Lines 600.00 Nippon Express 406.00 Nippon Yusen 403.00 'iource: Thomson Reuters unch ***** 3.00 3837 2.00 ***** 3.00 3709 3.00 ***** -2.00 2476 2.00 5982
        40 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2649 22 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,649 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8772 23 Transaction date: Jul 23 Hi! !-wks Tel Low Code Com| Sale Cooo) Hi: Low Bu] ?er Seller C'vr •k P/E Smil >ari] 12 3 3148 8Telecom 8.5 2.5 5834 A-Sonic 24 12 5000 ABRHIdgs 13 5.5 1938 AEICorp 8 1 1100 AEM 23 7 2101 APOil 67.5 26.5
      8,772 words
    • Article
      Lock icon SGX CATALIST
      1657 24 High Low Code Company Sale C000) High Low Buyer Seller C'vr •k P/E $mil 19 5 1181 s AAGrp 26.5 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 25 8.5 3518 s Afor 12.5 2 1524 t Alantac 16 3.5 7814
      1,657 words
    • Article
      Lock icon SGX ETF
      411 24 Hii Low Code Comi fete fogol Hii Low Big seta Cvr P/E ;mil 110 100 6389 ABFSG Bond ETF 110 unch 877 427 CIMBAsean40 100US$ US698 -1 250 149 DBS STI ETF 100 249 +2 3600 3534 DBXT DJE5O 10US$ US3600 DBXTDJE50Sh 10US$ US2953 1682 DBXT FTChina25 10US$
      411 words
    • Article
      Lock icon CLOB INTERNATIONAL
      259 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      259 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      9251 24 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.875/ AIGIF S'pore Bond Fund/A 1.293/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.99/ APS Alpha Fund (USD)!** 0.69/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5116/ APS Komaba Global
      9,251 words
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      Lock icon Page 23 Advertisements Column 1
      54 23 >^P w TB3 /11 JflS mW\ JI Zi'"'^t^'"-*> mm^ f AUDEMARSPIGUET XT^ le maitre de I'horlogerie depuis 1875 'iZfZ^sJK JULES AUDEMARS ■EP V^ll2 B' 4 X"^"^^ P^COLLECTION L^J| 4 .^7 N/^>» EQUATION OF TJME, TfcEEPINGi^ ffaHM \Alli THE SUNM Ammm%. mi^ %2^ For enquiries, Tel (65) 6238 6678 www.audemarsplguet.com "^i^"^^^
      54 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      356 25 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Jul 22 World Index Preliminary 723.1 0.1 6.7 0.2 9.5 0.1 9.3 EAFE Preliminai 688.6 0.3 6.1 0.4 10.7 0.2 10.! Euro[ Prelim inan 954.4 0.3 4.7 0.3 10.9 0.2 10.1 Pacific
      356 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      121 25 As at 9am Jul 23 Singapore dollars to one unit rf foreign currency: Currencies Bid Offer s,ust dollar 1.1670 1.2020 .an dollar 1.3030 1.3180 luro 2.0380 2.0620 IZ dollar 0.9430 0.9630 iterlini ind 2.3590 2.3850 JS dollar 1.4340 1.4510 .ocal dollars to 100 units if foreign
      121 words
    • Article
      Lock icon INTERBANK RATES
      159 25 Jul 23 Xterniqht 1/8 -month 7/16 -months 9/16 l-months 11/16 Overnight mode: 0.10 IS$ Offer 1/16 3/16 5/16 7/16 Bid 1 days I month I months months d months months I I. (All 0.35 0.40 0.55 0.65 1.00 1.60 1.70 Offer 0.25 0.30 0.35 0.45 0.70 1.10 1.20
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    • Article
      Lock icon STOCK INDEX FUTURES
      25 25 Jul 23 STI 2474 2474 2484 IIMSCI Jul 295.4 300.2 299.1 "aiwan Jul 253.6 255.8 252.9 Source: MF Global (S) He. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      20 25 Jul 23 Bid Offer -month 1.4400 1.4414 1.4400 1.4415 {-months 1.4400 1.4415 >-months 1.4400 1.4417 Source: OCBC
      20 words
    • Article
      Lock icon PALM OIL
      57 25 Jul23 lelivery flonth Opening Range Sett Av Price Price Hi Low Vol Open Done Position \ugO9 2138 2146 2161 2129 181 iep 09 2130 2113 2130 2107 2365 3d 09 2103 2100 2123 2091 8488 tovO9 2101 2106 2120 2090 1305 Total o/p: ***** contracts Turnover: ***** lots
      57 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      286 25 Jul23 URODOLLAR FUTURES >epO9 DecO9 VlariO lun10 99.4650 99.2750 99.0650 98.7350 6396 4428 3929 3380 EUROYEN TIBOR FUTURES >epO9 99.485 99.485 DecO9 VlariO un10 99.495 99.495 >ep10 DedO Vlar11 un11 99.485 99.495 99.485 99.520 99.535 99.500 99.445 99.400 99.315 99.255 732 150 ***** 3657 2591 1338 421
      286 words
    • Article
      Lock icon SICOM FUTURES
      180 25 Jul 23 (UBBtK Futures (Closing prices) !SS 3 (US cents/kg) /lonth High Low Close Sett Volume (lots) 0/1 (lots) <\ug 09 >ep 09 3d 09 MOV09 Dec 09 Ian 10 180.5 180.5 180.0 180.0 180.0 180.3 40 40 40 20 364 644 1022 982 1301 363 FSR 20
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    • Article
      Lock icon GOVERNMENT SECURITIES
      86 25 Jul 23 'eriod Issue code Maturity Yesterday's Bid Hi< Day's |h Low I-Month BQ*****H 22.10.09 -Year BY*****W 03.05.10 0.24 0.34 3OVERNMENT BONDS >eriod Issue Coupon Maturity code rate Close Bid Hio Day's cjh Low !-Year NXO11OOH 3.625 i-Year NX*****F 3.625 '-Year N*****0S 2.875 O-Year NX*****W 2.500 5-Year NY*****X
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    • Article
      Lock icon CHICAGO BOT
      98 25 Jul22 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Aug 09 1018.50 1014.50 1026.75 1009.25 SepO9 945.00 941.50 951.25 935.75 Nov09 908.00 905.00 914.25 897.50 Jan 10 914.75 912.25 920.00 905.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 09 34.52 34.77 34.98 34.25 SepO9 34.69
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      79 25 CRUDE OIL PRODUCTS Jul 22 UDE (FOB origin) US! t /barrel Close Cham Brent blend (1-Mth F) 66.51 -0.59 WTI (Near Mth) 64.08 -0.70 Dubai (1-Mth F) 64.84 -0.16 Tapis blend 71.10 -0.15 Minas 67.55 -0.15 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 61.05 74.03 -0.72 -0.37 US$/barrel
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    • Article
      Lock icon INTERBANK CROSS RATES
      447 25 Jul 23 iuro 'en (on 'eso lam 'ouni Australia 0.902 5.600 0.576 6.353 39.717 82.246 0.773 10.228 2.902 1.241 67.506 39.430 1.181 6.291 0.874 26.885 27.859 0.496 0.820 Canada 1.109 6.210 0.639 7.045 44.043 91.205 0.858 11.342 3.218 1.377 74.860 43.725 1.310 6.976 0.970 29.814 30.894 0.550
      447 words
    • Article
      Lock icon SIBOR
      68 25 Jul 23 mth 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 0.***** mths 0.***** 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.***** 3yrs
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 25 Jul23 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.1803 1.1816 0.8197 0.8198 Canadian dollar 1.3086 1.3105 0.9088 0.9093 Euro 2.0498 2.0521 1.4236 1.4238 NZ dollar 0.9506 0.9520 0.6602 0.6605 Sterling md 2.3780 2.3806 1.6515 1.6517 US
      157 words
    • Article
      Lock icon PRECIOUS METALS
      138 25 Jul 23 /oz) Hong Kong 949.80 943.70 950.80 944.70 Jul 22 Jul 21 952.10 949.15 M Sellim Bui rim .ondon 1 oz 1537.59 1389 UBS GOLD LUNAR KINEBAR (SS) Selling Buying Source: Thomson Reuters 10gm SILVER $539.28 Selling 442 /ing Bu CAST BAR (S$) Jul 23 Buying Passbook
      138 words
    • Article
      Lock icon LONDON METALS
      62 25 JuS22 ,luminium, 99.7% urity (US$/tonne) Close Previous :ash 1716.50 months 1745.00 1687.00 1715.00 Copper, Grade A (US$/tonne) :ash months 5489.50 5500.00 5386.75 5400.00 .ead (US$/tonne) :ash 1682.00 months 1704.00 1666.75 1689.00 lickel (US$/tonne) :ash months *****.00 *****.00 *****.00 *****.00 'in (US$/tonne) :ash *****.00 *****.00 months *****.00 *****.00 inc,
      62 words
    • Article
      Lock icon LIFFE
      72 25 Jul22 (£/tonne) Close Prev Hii ih/Low ,epO9 1748 1824 1823/1740 )ecO9 1768 1836 1836/1763 i/lar 10 1768 1833 1832/1765 i/lay 10 1763 1826 1822/1764 lOFFEE (US$/tonne) Close Pev High/Low iepO9 1468 1501 1513/1468 Mov09 1482 1525 1536/1493 Ian 10 1506 1525 1549/1509 SUGAR (US tonne) White Close Prev High/Low
      72 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2251 25 BONDS, WARRANTS EXTENDED SETTLEMENT Pel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left Asia-PacificStrategicW*****6 3.5 unch 161 >036AdvanceSCTLtdW*****9 0.5 Allgreen Prop.ES.0907 112 14 8 Ascendas Reit.ES.0907 167 xd 1 15 9 4.86 1 87 1358 12.00 58 13 3092 Asia Environment W*****4
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      Lock icon Page 26 Advertisements Column 1
      2820 26 m The Business Times Shipping Times m Ww9k a![ljiliilm3Eufy SluS clfllnl m wan hai international pte ltd uen *****4695 M I^h a^^F^l l^^i itlß^wivaiJ'^tjflfliv^SvSi V"TTi\ iaiali iiai i nirr til6226isss <nlines) fax:*****163 A^B 1 111 liTs^ll^B JBHjBI|WIHB!BjlllljjBB U^EnSBjmMmiSnSiSmSSM V\ Vl I WAN HAI INtS Fl* ll- tel- (°3> *****55S FAX:
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      3396 27 I\ TT A CTPTUXT P 1 AU IXTPTU TTI I £^b £>l OH TfC~/?If—— specialize in roro heavy lift upto 450 tons WEEKLY EXPRESS SAILING SCHEDULE I —^^^^i^^^^^'**ii^^^^l^^^^^^'^^^^^'^**^'^'^'^^*^^^^^'*^'^^^^ OCEAN BLUE 218 50 26/07 27/07 aittKCCEPHHIiI OHMIHERSI MiI lIIIRIHERH AMD WEMERHIHDWHICDPOIMS |n| f»f POSITIVE STAR ~~44 100 19/07~ ~30/07 vissiL I
      3,396 words
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  • executive lifestyle
    • Article
      Lock icon Harry Potter and The Order of Temasek
      540 28 CRRAAACK. If you're familiar with the Harry Potter books, you would know this is the sound that a wizard makes when he apparates magically disappearing from one spot and reappearing in another within seconds. This is exactly the same sound that no one
      540 words
    • ... the merrier we'll be
      • Article, Illustration
        Lock icon Fund-raising can be fun
        447 28  -  ELAINE NEO AS A fresh medical graduate, Elaine Neo was posted to Dover Park Hospice to take care of patients facing the advanced stage of their diseases. Working for a charity-run organisation where 70 per cent of its expenses had to be financed through fund-raising and
        ARTHUR LEE  -  447 words
      • Article, Illustration
        Lock icon Heartrending to heartwarming
        465 28  -  MELISSA LWEE DOMINIC KHOO IT WAS an idea born out of sorrow but one which went on to bring people joy. In 2005, to honour his late mother, who was "an altruistic person who always put others before herself", award-winning photographer Dominic Khoo conceived a fundraising exercise
        FILE PHOTO  -  465 words
      • Article, Illustration
        Lock icon By the way, it's for charity
        408 28  -  CHRISTOPHER LIM FOR CAUSE CAMPAIGNS IKE Dominic Khoo, For Cause Campaigns is a group that champions the "underdogs of the charity scene those so low-key that they fly under the radar of the average person who might otherwise be ready to loosen his purse-strings.
        DOMINIC PHUA  -  408 words
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        Lock icon Party animal roars
        366 28  -  MELISSA LWEE ALEX TOH WHEN lawyer Alex Toh realised how little fellow lawyers actually interact with each other, he decided he had to do something about it. "We're often so tied up with work, family and other social commitments that we don't get to know the people
        JOHN HENG  -  366 words
    • CINEMA
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        Lock icon A compelling tale about John Dillinger
        651 29 A cloak of expectancy and inevitability hangs over Public Enemies, says GEOFFREY EU HE was heavily armed, extremely dangerous and ultimately doomed, but for a few bulletriddled months the 1930s Depressionera gangster John Dillinger had his moment in the sun, robbing banks, breaking out
        AP  -  651 words
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        Lock icon Leads save Fighting from being total cliche
        549 29  -  AMANDA DE GUZMAN By FIGHTING, starring Charming Tatum, is all about exceeding expectations. Its obvious name yes, it is about a boy who fights and its muscled star an up-and-comer more known for his physique than his acting prowess seem to dump the
        549 words
    • ARTS
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        Lock icon The man who raised a business empire
        678 30  -  CHEAH UI-HOON By IT was a project that was 15 years in the making, but finally, the first biography on the founder of traditional Chinese medicine-based healthcare company Eu Van Sang has been published. Although the Eu family's research on its patriarch Eu
        678 words
      • Article, Illustration
        Lock icon Time's all that they need to grow
        700 30  -  MELISSA QUEK By JUST as there are green shoots in the economy, there is some sprouting in the local contemporary dance scene where fostering new choreographic talent is concerned. Earlier this year, T.H.E Dance Company presented new work by the budding choreographers within
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        Lock icon Showing off the brains behind art shows
        669 30 August exhibition puts the job of curating in the spotlight, reports WOON TAI HO HIS year's Singapore Art Show, from August to October, promises to be big 60 different venues, working with 50 partner programmes and satellite events. The biennial event will take
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    • WINE
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        Lock icon Pinot Noirs around the world
        1032 31 THE fascination with, and popularity of, Pinot Noir with growers and consumers alike has naturally spawned pinot noir wines in other wine growing regions. Pinot Noirs are now available from a wide variety of wine regions Germany, Italy and Austria in Europe, California and Oregon
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    • BOOKS
      • Article, Illustration
        Lock icon Celebrating a new chapter
        935 32 Independent publisher Faber and Faber, which turns 80 this year, is celebrating its extraordinary past and welcoming its future, its CEO Stephen Page tells CLARISSA TAN I EW names in publishing elicit as much reverence as that of Faber and Faber. One of the last of
        935 words
      • Article, Illustration
        Lock icon Very English and satisfying
        297 32 Cover Her Face By P D James Faber and Faber Pages: 217 Price: $16.95 (before GST) Rating: B SOMETHING is rotten in the heart of the English countryside. After all, nothing could be as placid and peaceable as the bucolic paradise its appearance first suggests. Following
        297 words
      • Article, Illustration
        Lock icon Coming alive in the second half
        292 32 The White Castle By Orhan Pamuk Faber and Faber Pages: 145 Price: $16.95 (before GST) Rating: AIT'S not easy to say this of a Nobel Prize-winning author, but the first half of this book is quite dull. Orhan Pamuk's first novel published by Faber
        292 words
      • Article, Illustration
        Lock icon Large themes from a small palette
        302 32 Bliss By Peter Carey Faber and Faber Pages: 354 Price: $16.95 (before GST) Rating: A- WHAT a scorcher of a first novel. Nobody may have quite predicted that Carey would go on to win two Bookers (for Oscar And Lucinda and The True History
        302 words
      • Article, Illustration
        Lock icon Zany, but has dated somewhat
        302 32 The Buddha of Suburbia By Hanif Kureishi Faber and Faber Pages: 284 Price: $16.95 (before GST) Rating: B IF this book were a colour, it would be psychedelic. Kureishi paints a 1970s London that is swingingly alive, trippy, self-absorbed, lonely and discontent. Hippies are grudgingly
        302 words
      • Article, Illustration
        Lock icon A style that developed early
        382 32  -  CHRISTOPHER LIM A Pale View Of Hills Kazuo Ishiguro Faber and Faber Pages: 183 Price: $16.95 Rating: B Reviewed by A WRITER'S progress is often judged by the extent to which he has developed beyond an initial style, but sometimes it is as impressive to
        382 words
    • MUSIC/GAMING
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        Lock icon The challenge of staying power
        940 33 Mid-career Keane, The Observatory share their plans with CHRISTOPHER LIM GAINING a foothold in the music industry is an admittedly daunting task, but maintaining momentum in the face of expectations and success can be as challenging, if not more so. Mid-career doldrums are like the
        940 words
      • Article, Illustration
        Lock icon Monstrous hillbillies, non-stop intrigue
        498 33  -  CHRISTOPHER LIM By WITH four full-fledged expansion chapters already released and one more to go, Fallout 3 is shaping up to become one of the most long-lived computer games. Of course, there are plenty of long-running game series like Final Fantasy, Metal Gear Solid and Star
        498 words
      • Article, Illustration
        Lock icon Solid fare but too retro for comfort
        720 33  -  CHRISTOPHER LIM CD REVIEW Chickenfoot Chickenfoot Redline Entertainment Rating: B The Hazards Of Love The Decemberists Capitol Rating: B Grace/Wastelands Peter Doherty Parlophone Rating: B Live From Madison Square Garden Eric Clapton and Steve Win wood Reprise Rating: B By SUPERGROUPS are all
        720 words
  • Page 28 Miscellaneous
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      45 30 5Cs are not enough GUngi ©m Log on to http://cling.omy.sg now! text-to-speech feature «?S3«* fl quiz game *ME learn a phrase a day SS¥3 useful links to learning Chinese #mBt learn from Chinese songs KS* %B Bloggers sharing tf*»* li Jt CLing Chinese Language i-n-g
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  • Page 30 Miscellaneous
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      414 30 Choral favourites from UK EXPERIENCE the angelic voices of the Boys of King's College (above), one of the world's best-known representatives of the great British choral tradition. They will perform a repertoire of choral favourites, from Bach, Purcell, Mendelssohn, Handel and Hadyn, and will be led by music director Stephen
      414 words
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      1963 31 I IN THE MATTER OF I I IN THE MATTER OF I I IN TUF MATTFR OF I I t miU;il«c;i/. nra THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 ™JSS™™o«X, THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF AND IN THE MATTER OF THE COMPANIES
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      1015 31 Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg (Zj&'i >t *T BANK OF TAIWAN, SINGAPORE BRANCH Chairperson: Susan S. Chang Directors: Hsiu-Hua Rau, Chih-Hung Chang, Shin-Hsin Huang, Managing Directors: Tse-Cheng Lo, Jun-Ji Shin Jiin-Tarng Yue, Chang-Sheng Lin, Hsi-Chuan Chen, Sheng-Ford Chang, Cheng-Chen Yang Sheng-Tien Yang Unit: NTSI.OOO Unit: NT$l,OOO Dec 31,2008 Dec
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      308 33 CRYPTIC CROSSWORD ACROSS 4 Unintentionally exceed the I Tolerance shown in the nurs- limit (9) cry (8) 5 Ring-fighter? (7) 6 Island where to shoot duck? 6 The ultimate in command(6) ments (5) 9 Indigestible food for example 7 It's not good to make money sent back (6) on a
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      138 34 www.vw.com.sg The new Golf GTI. Men drive it. Boys dream about it. This is a car designed for serious enthusiasts. The power of its 210bhp TSI engine is delivered with smooth precision through a 6-speed DSG transmission. Its dynamic chassis control (DCC) and electronic differential lock (XDS) let you take
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