The Business Times, 17 August 2009

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Microfilm: NL30119
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg S|sl A SINGAPORE PRESS h iOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 197/08/2008 Monday, August 17,2009
    21 words
  • Article, Illustration
    Lock icon Stimulus package review by year-end
    925 1  -  CHEW XIANG Job losses have stabilised but still no signs of Xmas orders pouring in, says PM By [SINGAPORE] The economic crisis though "worse than we had expected" has been "less bad than we had feared", Prime Minister Lee Hsien Loong said last night at
    TERENCE TAN/THE STRAITS TIMES  -  925 words
  • Article
    Lock icon MAS sues fund manager for alleged false trading in 2004
    610 1  -  CHEW XIANG Tan Chong Koay's firm also named as a defendant in the suit By [SINGAPORE] The Monetary Authority of Singapore (MAS) is suing well-known fund manager Tan Chong Koay for alleged false trading in Singapore-listed United Envirotech (UET) shares
    610 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      54 1 Weekly 2,631.51 hange +82.16 iT Index 1 COMP 1,188.57 +3.69 IIKKEI 225 10,597.33 +185.24 IANG SENG 20,893.33 +517.96 ;et index 654.25 +10.05 JAKARTA COMP 2,386.86 +37.73 1ANILA COMP 2,850.01 +67.03 ;eoulcomp 1,591.41 +15.41 ;henzhenb 513.52 -23.66 IUMBAI IND 15,411.63 +251.39 )OW 9,321.40 -48.67 IASDAI 1,985.52 -14.73 ;&P 500 1,004.09
      54 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.38 MALAYSIA 5.55 HONG KONG 5.00 INDONESIA 16.354 TAIWAN 4.776 JAPAN 1.475 KOREA 9.33 BRITAIN 0.50 US 3.25 CANADA 2.25 SWITZERLAND 0.52 INDIA 11.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      43 1 IS$ (S$ per US$) 1.443 (US: i/S: per£) 1.654 2.387 EURO (US$,S$/E) 1.427 Foreign currency per US$ 2.060 S$ 'EN 95.20 66.00 3.519 2.438 IK$ 7.751 5.370 !AHT 34.03 23.57 lUPIAH 9,945 6,890 lENMINBI 6.834 4.735 INDIAN RUPEE 48.31 33.47 1.188 0.823
      43 words
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      3 1 8 *****1 *****4
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      147 1 Rally reaction How did the PM's speech go down with the business fraternity? Look out for feedback from a selection of corporate personalities and thought leaders in our Rally Reaction series from tomorrow to Saturday, jointly brought to you by BT and OCBC Bank. ___■___________________<. M A NEW JEWEL INAN
      147 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      49 1 BizlT VIEWS FROM THE TOP P»i^ CAMPUS LIFE US STOCKS EJLj^ Is open source CEOs on the recent pick-up m J|| Lessons from Euphoria dies out, )fc33yi the way to go? in the property market s Scandinavia for now PAGE 28 PAGES 12-13 PAGE 11 PAGE 4 rur d
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  • TOP STORIES
    • Article, Illustration
      Lock icon Dangerous fault lines still lurk in S'pore, says PM
      1373 2  -  LEE U-WEN More step-down care facilities to complement public hospitals He reminds S'poreans not to take racial, religious harmony for granted Reports by [SINGAPORE] By his own admission, race and religion are areas that Prime Minister Lee Hsien Loong would normally
      TERENCE TAN/THE STRAITS TIMES  -  1,373 words
    • Article, Illustration
      Lock icon US officials in a pickle over pay of Citi traders
      699 2 -NYT, Reuters Bank says USsl3om exempt from government review [WASHINGTON] Senior Obama administration officials were wrestling on Friday with how to handle an explosive executive pay issue involving compensation packages for two traders, totalling more than US$l3O million, that Citigroup
      -NYT, Reuters; AFP  -  699 words
    • THREE-MINUTE DIGEST
    • Article, Illustration
      Lock icon Euphoria dies out, for now
      912 4  -  ANDREW MARKS WALL STREET INSIGHT Bullish momentum starts to fade; disappointing data also behind selling By in New York SEVERAL reports offering up disappointing economic data were given the blame for much of the selling that swept the New York Stock Exchange (NYSE) at the
      BLOOMBERG  -  912 words
    • Article
      Lock icon Swiss banks expand in Asia to net funds fleeing at home
      794 4  -  NEIL BEHRMANN They ask clients to transfer money to Spore, HK branches From in Geneva SWISS banks are expanding in Asia to counter outflows of money from Switzerland, and Singapore and Hong Kong are attracting flows, say bankers. The
      794 words
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  • Page 4 Advertisements
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      76 4 -^nSw Wm.* -"w. H fl ifc 6u. HH Latest Awarded m".nw!zm 28Juiy2oo9 v PSTB— j^ B| If Winner of Asia Pacific K.VrS lIH 11 I T VQV^I JVC" Tfel ¥N8 ■S^ftr^*.** The Perfect Experience' HILLTOP THE GYM KOKYOKECHUAN PTE LTD MERS AUTOMOBILE SERVICES PTE LTD NTUC INCOME INSURANCE CO-OPERATIVE LIMITED
      76 words
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      12 4 CATS Recruit The first step on your ladaer to success f < o
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Biosensors to launch product in more markets
      803 5  -  CHEN HUIFEN It expects govts in France, Korea, China and Taiwan to give the go-ahead soon By BIOSENSORS is set to sell more of its flagship drug eluting stent (DES) to France, South Korea, Taiwan and China in the next 12 to 15
      803 words
    • Article
      Lock icon COMPANY MEETINGS
      314 5 Sapphire Corp E 123 Genting Lane, #07-01 Yenom Industrial Building, Singapore *****4 18-Aug 10.30an Stamford Tyres A 19 Lok Yang Way, Singapore *****5 19-Aug 3.00pm Popular Hldgs A 20 Old Toh Tuck Road, Singapore *****5 21-Aug 10.00an Jade Tech E Boardroom at No. 1 Kallang Way 2A, #08-01
      314 words
    • Article
      Lock icon PRIME LENDING RATES
      384 5 Aug 14 BANKS ABN Amro Bank NV 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5 Bank of China Limited 5.5 Bank
      384 words
    • Article
      Lock icon 6-month and Q2 results ended June 2009
      3579 6 NET PROFIT TURNOVER NET PROFIT TURNOVER CURRENT PREVIOUS CURRENT PREVIOUS (S$m)— CHNG (S$m)— CHNG CURRENT PREVIOUS (S$m) CHNG CURRENT PREVIOUS (S$m)— CHNG Wilmar Intl 1,138.97 976.40 16.6 15,440.08 21,663.47 -28.7 KeppelCorp 1,024.82 561.02 82.7 6,179.72 4,853.94 27.3 OCBCBk 1,011.00 1,047.00 -3.4 2,551.00 2,239.00
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    • Article
      Lock icon Boustead's Q1 showing may be harbinger of what's to come
      683 7  -  YEN SREENIVASAN MAINBOARD-listed engineering group Boustead Singapore recently announced that it had raked in revenue of some $118.9 million and net profit of $9.5 million for its AprilJune first quarter. These were rises of some 49 per cent and 68
      683 words
    • Article, Illustration
      Lock icon BRINGING CHEER TO THE CHILDREN
      177 7 TO commemorate the 10th anniversary of its staff volunteer club, City Developments (CDL) staff went the extra mile they refurbished two homes, one for the elderly and another for children. The two homes that benefited from the refurbishment works were Man Fut Tong Nursing Home,
      177 words
    • Article
      Lock icon Keppel Corp formalises JVs for Tianjin Eco-City
      259 7 KEPPEL Corp has entered into multi-layered joint ventures to help build the Si-no-Singapore Tianjin Eco-City. The group and its subsidiary Keppel Land will take up 65 per cent and 35 per cent stakes respectively in each of Keppel Group Eco-City Investments Pte Ltd
      259 words
  • Page 5 Advertisements
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      93 5 A SATS 1, Kenneth Alexander Murray, divorced, of No. 10 Walshe Road,#o4-08 Garden Ville, Singapore *****4, intend to marry Shi Shu Hua, divorced, of Room 1106, Unit 2, Building #16 Han Guo Cheng Sub-district, Zhenxing District, Dandong, Liaoning, China at the Registry of Marriage in Shenyang, China at Herr Ping
      93 words
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      65 5 A Gesture of Exquisite Taste Discover the best gourmet offerings and culinary delights at Three Sixty MARKET PLACE lON Orchard. With an extensive range of exclusive wine labels, assorted cheeses, meat specialties and gourmet brands, prepping up for a sleek home dining and entertaining affair just got a whole lot
      65 words
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  • Page 7 Advertisements
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      262 7 How does Sage Accpac's new purchase policy affect you? Sage makes it easier for you to protect your software investment by simplifying our product purchase policy*. From 1 October 2009, this policy change will protect you from potential mixed version compatibility issues. Trade-up and add-on purchases of Sage Accpac products
      262 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Mixed recovery outlook spells volatile week ahead
      604 8  -  CONRAD TAN STOCKS STOCKS here are likely to face a rough ride this week, following the release of economic data suggesting a mixed outlook for recovery in the world's biggest economies. Investors looking to the United States for direction will find little comfort
      604 words
    • Article
      Lock icon Asian units mostly up against US$
      481 8 CURRENCIES [HONG KONG] Asian currencies ended last week mostly up against the US dollar over concerns about the prospects of a global recovery. Japanese yen: The yen rose against the dollar over last week as investors remained dubious about the prospect for global economic
      -AFP  -  481 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1160 8 Payment (cts) Ex Books Pay date close date .BR Hldi aw 1.000 07-Se; 09-Se; 29-Se; idam; Ik Ltd 0.750 04-Se; 08-Si 25-Se; >RA Asset Mi 2.300 19-Aui 21-Aui 03-Se; iscendas Reit 1.930 17-Aui 19-Aui 23-Se; iscendas Reit ao 3.620 27-Jul 29-Jul 28-Aug Res Trust ad 1.990 29-Jul 31-Jul
      1,160 words
    • Article
      Lock icon Sugar prices reach 28-year peak
      204 8 -AFP COMMODITIES [LONDON] Commodity prices traded mixed last week amid caution over future demand for raw materials despite positive economic data from the US and Europe, where recession ended for some countries. Sugar prices reached a 28-year peak, however, pushed higher by tight supplies of
      -AFP  -  204 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1373 8 Source: Thomson Reuters Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name Mlgreen Proi 2.50 2.64 10 6.48 17.90 1.09 1.16 ies ,RA Asset M 2.00 2.00 2 7.50 10.87 1.03 0.83 .rmstron' Industrial 1.50
      1,373 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 WEEKLY
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      60 8 Aug 14 VALUE CLOSE BT OB/OS 238.00 -95.00 BT CADI -*****.00 +39.00 BT 10-day MA -*****.00 +24.00 FTSE ST Mid Cap 594.95 +0.01 FTSE ST Small Cap 523.80 -2.35 FTSE ST All Share 644.51 +3.21 FTSE ST China Top 276.14 -1.80 FTSE ST China 272.45 -2.18 FTSE
      60 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 8 VOLUME Golden Aqri 855,724,000 Gentinq SP 538,957,000 UniFiber 205,125,000 JiutianC 183,188,000 Ezion 169,371,000 *StarCruises 169,362,000 China Honqxinq 155,275,000 Abterra 147,321,000 Rowsley 131,996,000 Equation 131,890,000 VALUE(S) DBS Grp 755,599,694 Gentinq SP 472,925,970 Golden Aqri 411,168,980 SingTel 325,275,790 Wilmar 298,875,053 Capita Land 285,170,806 UOB 247,737,465 OCBC Bk 232,721,525 Keppel
      56 words
    • Article
      Lock icon RISES
      105 8 CLOSE UP DBXT FTVietnam 10US$ 5099 356.3 5.1 DBXT Ni 10US! 9662 233.7 1.7 DBXT MSKorea 10US$ 4098 226.5 4.0 BMT 1190 90.0 8.2 DBXT MSTaiwan 10US$ 1413 89.4 4.6 UOB.ES.0908 1662 78.0 4.9 OCBCCai 5.1%NCPS 100 9830 74.0 0.8 UOB 5.05%NCPS 100 ***** 60.0 0.6 Wilmar.ES.0908 664 58.0
      105 words
    • Article
      Lock icon FALLS
      121 8 DBXT S&P Short 10US$ BY CENTS CLOSE DOWN 6100-184.7 -2.1 SIA 200 1276 -90.0 -6.6 SIA 1274 -88.0 -6.5 Da in 622 -77.9 -8.' Asia Pac Brew 1182 -28.0 -2.3 GLD 10US$ 9400 -26.0 -0.2 DBXT MSEuroi 10US$ 3805 -17.3 -0. DBSMBI_eCW*****2 55.5 -16.5 -22.9 STI 2650SGAePW*****9 41 -13.0
      121 words
    • Article
      Lock icon CURRENCIES
      81 8 Where S$ stands Aug 14 CHNG CLOSE FRAug13 YR2009 S$ LOW S$ HIGH USS 1.4428 0.01 1.5579 1.4308 Euro 2.0606 -0.15 2.0732 1.9150 Pounds 2.3894 0.07 2.4366 2.0356 AS 1.2171 -0.27 1.2171* 0.9453 Yen* 1.5155 -1.27 1.7278 1.4831 Rupiah* 0.***** 0.03 0.***** 0.***** Baht* 4.2398 -0.04 4.3390 4.1040 Peso*
      81 words
    • Article, Illustration
      Lock icon One-year top losers' portfolio gains most
      1477 9  -  TEH HOOI LING INVESTORS have overcome their aversion to S-chips or China stocks listed in Singapore many laggard S-chips posted sharp gains last week. Resource stocks also attracted interest. These two factors, coupled with overall continued positive momentum, lifted all but one of our
      1,477 words
    • Article, Illustration
      Lock icon Company, director purchases consistent with previous week
      1306 9  -  ROBERT HALILI INSIDE MARKETS By COMPANIES and directors bought the same amount of shares as they did in the previous week, while selling less, according to filings on the Singapore Exchange (SGX) for trade done in the second week of August. Directors from
      Asia Insider Ltd  -  1,306 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon McDonald's beating expansion path even in downturn
      699 10  -  TEH SHI NING It will open new outlets in Asia in sync with growth of respective markets By MCDONALD'S golden arches still shine with the recession resilience that most fast-food businesses have as a buffer against downturns. But, Tim Fenton, managing director of
      ARTHUR LEE  -  699 words
    • Article, Illustration
      Lock icon Take profits sooner, Citi tells clients
      363 10  -  JAMIE LEE By CITIGROUP'S private banking division has appointed Shantanu Rastogi to the new position of global head of investments. Mr Rastogi, formerly head of investments for Citi Global Wealth Management International, will be based in Singapore, the bank said last week. In the
      363 words
    • Article
      Lock icon Career retooling for female execs
      274 10  -  JOYCE HOOI By HIGH-FLYING bankers who have been retrenched may soon have the chance to trade in their power stilettos for sensible flats as school teachers. The alternative career in education will be among the many options being explored at the Career Retooling Event organised
      274 words
    • Article
      Lock icon Soon to hit the streets: dynamic vehicle navigation system
      362 10  -  OH BOON PING By LIVE traffic information and the quickest way to get to your destination may soon be available at your finger tips, if a pilot project on a dynamic vehicle navigation system takes off here. An initiative by a
      362 words
    • Article, Illustration
      Lock icon BUILDING HOMES IN BANDUNG
      118 10 STAFF volunteers from OCBC Bank's offices in Singapore, Malaysia and Indonesia, and Bank OCBC NISP last week took part in a joint community initiative in Bandung, Indonesia in collaboration with Habitat for Humanity. This three-year initiative, starting this year, commits about S$ 150,000 towards community development
      118 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      223 10 W*s4 r^^TT/nT^P Toll free: 1800-289-8822 w I^l I l-( Email: notices@sph.com.sg JL^I V^>/ JL I V._^ 1 K_* www.cats.com.sg i INSTITUTE OF IW S N/4U SERVICE EXCELLENCE SINGAPORE MANAGEMENT UNIVERSITY SINGAPORE MANAGEMENT UNIVERSITY TENDER NOTICE Tenderers are invited by the Institute of Service Excellence at Singapore Management University for 1.
      223 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Retaining staff in a downturn
      692 11 HR professionals are facing the challenge of keeping and training staff for the upturn, and saving money at the same time, writes PENELOPE PHOON HUMAN resources professionals are facing considerable challenges during this recession, not least is the tussle to keep and train staff for
      STOCK.XCHG  -  692 words
    • Article, Illustration
      Lock icon Lessons from Scandinavia
      1132 11 CAMPUS LIFE JOSHUA LEONG discovers why companies from this region are global leaders in their respective fields DENMARK, Sweden and Norway three countries in the Scandinavian Peninsula are frequently on the top 20 list of any worldwide ranking of the best countries for doing business. And because
      1,132 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 On the road to recovery
      3998 12 THIS WEEK'S TOPIC How would you explain the recent pick-up in the property market despite a weak economy? Is it likely to be sustained? Is there any cause tor concern at this stage? Kelvin Lum Executive Director L C Development GLOBAL market conditions remain challenging
      YEN MENG JIIN; FILE PHOTO  -  3,998 words
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      120 13 MM r <^i ■•1 r r> q rj For enquiries, please contact us at 651 3 8798 or email us at secretariat@singaporehcsummit.com ORGANISED BY: STRATEGIC PARTNERS: Government If s Singapore Civil Service College Infocomm Development Authority International Enterprise Singapore Ministry of Foreign Affairs IWV MANPOWER \A/^^/V dCTef°prerrt Singapore Monetary Authority
      120 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Good for fuss-free meal
      495 14  -  Jaime Ec NEW RESTAURANT Canton-i #03-14 lon Orchard Tel: 6509-8368 JUST so you don't forget that the food at Canton-i has its origins in Hong Kong, there is a giant photo of the city skyline splashed across the inside cover of its large, picture book menu.
      ARTHUR LEE  -  495 words
    • Article, Illustration
      Lock icon Produce that's a cut above the rest
      694 14  -  Audrey Phoon PROMOTION Equinox Level 70, Swissotel the Stamford, Singapore 2 Stamford Road Tel: 6837-3322 "HEAVEN'S just an elevator ride away." That isn't a cheesily-titled gospel song, it's the truth at least for meat lovers, until the middle of next month. The elevator's
      694 words
  • Page 14 Advertisements
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      Lock icon Page 14 Advertisements Column 1
      328 14 jackpot 1,500,000. TODAY! Sales Close at 6pm Draw at 6.30pm at PoMo bLAYjt Always play with care. Towards Community W^^^k f^aponalblyf Do not bet illegally. Purpose and Benefit m RCBRigNo *****0202G f^MB /mJ B^ Planning your group retreat? Be it corporate incentive, conference packages, teambuilding, free easy..... Book your group
      328 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon US economy on way out of recession, say analysts
      772 15 AFP But growth will be slow due to weak job market cautious consumers [WASHINGTON] The US economy appears poised to emerge from recession but will struggle for some time, held back by a weak job market and cautious consumers, analysts say.
      AFP; BLOOMBERG  -  772 words
    • Article
      Lock icon Japan's big firms expect recovery by mid-2010: survey
      313 15 -AFP Optimistic outlook due to improved business results [TOKYO] Two thirds of big Japanese companies expect the country's economy to recover by the middle of next year, according to a survey by Kyodo News released yesterday. Of 108 firms polled, 71 expected
      -AFP  -  313 words
    • Article
      Lock icon Too much cash in the market not good news
      675 15 Reuters Investors' move may signal a topping-out in the recent rally [NEW YORK] One of the stock market's favourite accepted nuggets of wisdom is the notion that there's a pile of money waiting in the wings, itching to jump back into
      – Reuters  -  675 words
    • Article
      Lock icon Swiss jobless rate seen rising over 5%
      202 15 Reuters [GENEVA] Switzerland's unemployment rate is likely to exceed 5 per cent as the impact of the global crisis on the economy intensifies, a senior Swiss Employers Confederation official was quoted as saying on Saturday. "The dramatic slump on world markets will continue
      – Reuters  -  202 words
    • Article, Illustration
      Lock icon Gloom lingers in Central Europe's economies
      653 15 AFP [BUCHAREST] While countries in western Europe have begun to snap out of recession, the economic decline has continued across much of central and eastern Europe despite some optimistic signs, analysts said. "Eastern Europe's recovery from recession will be slow but encouraging figures are
      AFP; REUTERS  -  653 words
    • Article
      Lock icon Asean members 'to gain most' from Asian FTAs
      268 15 Bloomberg [BANGKOK] The 10 members of Asean would benefit more than other Asian countries if free-trade agreements were struck within the region, the group said, citing studies it commissioned. A free-trade agreement that included the group, Japan, South Korea and China would
      – Bloomberg  -  268 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Get to the bottom ofPKFZ debacle
      670 16  -  PAULINE NG MALAYSIA INSIGHT Finding out what's wrong with the Port Klang Free Zone and who the culprits are remain the top priority TIONG King Sing's claim of having provided RMIO million (Ss4 million) cash to the Malaysian Chinese Association (MCA) for its activities
      STAR, MCA  -  670 words
    • Article
      Lock icon M'sia has 'limited room' for further stimulus: IMF
      328 16 Bloomberg [WASHINGTON] Malaysia has "limited room" for additional fiscal stimulus should the country's economic condition deteriorate, the International Monetary Fund (IMF) said. Any decision on boosting spending should be made in the medium term because the country faces high budget deficits and
      Bloomberg  -  328 words
    • Article
      Lock icon Agni placed under receivership
      553 16  -  PAULINE NG Move follows default on 15m euro loan By in Kuala Lumpur RECEIVERS and managers (R&M) have been appointed for Singapore-based alternative renewal energy firm Agni Inc and its fullyowned Malaysian subsidiary Agni Energie following the former's default on a loan. KPMG was appointed the
      553 words
    • Article
      Lock icon Oil pipeline, storage project to cost RM23b
      335 16 [KUALA LUMPUR] Plans for a mammoth oil pipeline and storage facilities across northern Peninsular Malaysia have grown in scale, says a report in Malaysia's Business Times. Assay Petroleum Sdn Bhd executive director Syed Izhar Al-Idrus said that the entire project will cost close
      335 words
    • Article
      Lock icon Gunmen attack bus near Freeport mine
      235 16 Reuters [JAKARTA] Unidentified gunmen fired at a bus on a road leading to Freeport McMoran Copper Gold Inc's mine in Indonesia's Papua province, police said on Sunday. It was the second time since Wednesday that a Freeport bus had been fired upon and follows
      – Reuters  -  235 words
    • Article
      Lock icon BURSA MALAYSIA
      2075 16 lug 14 RM Cooo] A&M Realty 0.61 AbricBhd 0.13 advance Synergy 0.16 Adventa Bhd 1.96 Ae Multi Hldgs 0.10 Affin Holdings 1.99 Ahmad Zaki Resou....0.98 AicCorp 0.40 Airasia Bhd 1.45 Akn Technology 0.13 alliance Financi 2.50 aluminium Co 1.07 Amalgamated Ind ....0.48 Ammb Hldgs Bhd ....4.22 Vntel Holdings
      2,075 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Industry seen rescuing economy from weak monsoon in India
      663 17 -AFP Output spurred by record low interest rate, government stimulus [NEW DELHI] Crops are shrivelling as India faces the spectre of severe drought but economists say that they are still upbeat about the country's economic prospects. They are banking on a
      -AFP; AFP  -  663 words
    • Article
      Lock icon China steel firm sale suspended
      268 17 Reuters Worker demonstration stymies privatisation of Linzhou Steel Corporation [BEIJING] China was forced to halt the privatisation of a state-owned steel firm after a protest by thousands of workers who said that they had not received fair pay, state media reported. It was the second
      – Reuters  -  268 words
    • Article, Illustration
      Lock icon Outrage at Shahrukh's US airport questioning
      254 17 -AFP [NEW DELHI] Indian newspapers yesterday railed against the questioning of Bollywood superstar Shahrukh Khan at a New York airport after the actor suggested he had been singled out because he was Muslim. Khan, who was held up at Newark Liberty International Airport, told
      -AFP; AP FILE PHOTO  -  254 words
    • Article
      Lock icon Taiwan seeks housing for typhoon survivors
      308 17 Bloomberg [TAIPEI] Taiwan has turned to housing thousands of survivors after Typhoon Morakot destroyed houses, roads and bridges in the south of the island, leaving as many as 500 people dead. At least 24,000 people have been rescued since the storm struck and more
      – Bloomberg  -  308 words
    • Article
      Lock icon US may speed up decision on China tyre imports
      512 17 Reuters [WASHINGTON] US President Barack Obama could be tempted by the political calendar to decide earlier than scheduled next month whether to restrict tyre imports from China in a case seen as a test of his trade policy. Mr Obama is
      Reuters  -  512 words
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      312 17 Attend an interactive half day executive leadership workshop with the Professor of consultative selling. S N «I^HllthW3it6 New York Times best selling author and creator of SPIN® creators of spin'seiimg Selling, Neil Rackham, is conning to the region to educate and re-focus the leaders of Singapore business for the first
      312 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Doha deal could boost world economy by US$3OO-700b
      529 18 Concluding the long-running talks could significantly boost global exports [GENEVA] A successful Doha round trade deal could boost the global economy by US$3OO-700 billion a year, a study by the Peterson Institute for International Economics said. The figures that the Washington-based institute
      529 words
    • Article
      Lock icon US tax evaders scramble to come clean amid crackdown
      345 18 -AP [WASHINGTON] A deal with Switzerland settling US demands for the names of suspected tax dodgers from a Swiss bank has a lot of wealthy Americans with offshore accounts nervously running to their tax advisers and the Internal Revenue Service. "They
      -AP  -  345 words
    • Article, Illustration
      Lock icon Parts of regulatory plan won't fly: FDIC head
      652 18 -AP [WASHINGTON] The head of the Federal Deposit Insurance Corp (FDIC) is arguing against key pillars of the Obama administration's plan to overhaul the financial system, saying they would not survive in Congress and that she has better ideas. In an interview
      -AP; BLOOMBERG  -  652 words
    • Article
      Lock icon Man City's owners out to repeat Barclay's success
      775 18 Bloomberg [LONDON] Manchester City's Abu Dhabi owners may find it easier to win in the stock market than on the soccer pitch. On the day the English club secured the £12 million (5528.64 million) purchase of midfielder Gareth Barry in June, owner
      – Bloomberg  -  775 words
    • Article
      Lock icon Japan's green subsidies erode savings, threaten spending
      612 18 Reuters Tax breaks lure consumers to dip into savings for purchases [TOKYO] The splurge spurred by Japanese subsidies on energy-efficient cars and electronics risks depleting household savings so much that many consumers will have to cut spending next year, which may help push
      – Reuters  -  612 words
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  • WORLD
    • Article, Illustration
      Lock icon Qatar is first outsider to have say in Porsche
      559 19 Reuters Gulf state to also acquire 17% of Volkswagen via Porsche options [FRANKFURT] Porsche SE was forced to sell assets worth billions of euros to Qatar in a move to prop up its strained finances, marking a climbdown for a predator
      Reuters; AP  -  559 words
    • Article
      Lock icon Canada banks seen as bidders for Allied Irish
      782 19 Reuters They have cash to buy minority stake in troubled bank [TORONTO] When Allied Irish Banks confirmed it had received an approach from a third party interested in taking a minority stake, it didn't take long before eyes turned to Canada. After
      Reuters  -  782 words
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      1228 19 home. causes ~i?^^H f^!=:lF nP ■§> B^Be^' doing Wb *j 1 1 *i 1 -J K*t« Igf v/B Knsß-mf- M -f^ AT LEAST one good thing has conic out L^B^. ■iw'vs. fijs »(H of the recession: Dads now have more ]'$JKk 77?e sg time to spend with their families. j
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  • SHIPPING/AVIATION
    • Article
      Lock icon TSA members plan to raise Asia-US rates by US$5OO
      757 20 Bloomberg [HONG KONG] Shipping lines operating half the world's container vessels plan to raise Asia-US rates, ending a price war that contributed to industrywide losses. Falling demand and a flood of new vessels may stop them. A group of 14 lines,
      Bloomberg  -  757 words
    • Article, Illustration
      Lock icon Boeing finds new problem in its 787
      490 20 AP Aircraft maker halts production of fuselage sections at Italian factory [SEATTLE] Boeing has discovered another problem with its long-delayed 787 jetliner, prompting the aircraft maker to halt production of fuselage sections at a factory in Italy. The Chicago-based company found microscopic wrinkles
      AP  -  490 words
    • Article
      Lock icon Virgin mulls Lufthansa alliance
      138 20 Bloomberg [LONDON] Virgin Atlantic Airways may seek closer ties to other carriers if British Airways pic (BA) wins antitrust approval for a trans-Atlantic alliance with AMR Corp's American Airlines. The British airline would consider cooperation with Deutsche Lufthansa as the German carrier boosts its presence at
      – Bloomberg  -  138 words
    • Article
      Lock icon Ransom demand made for Arctic Sea: report
      559 20 Reuters But whereabouts of merchant vessel are still unknown [HELSINKI] A ransom demand has been made for the lost merchant ship Arctic Sea, Finnish media said on Saturday, but the whereabouts of the vessel were still unknown in a saga looking increasingly like
      – Reuters  -  559 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2738 20 AIRLINE CODES: AA: Amencap Airlioes (AAL), AF: Air Frapce (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Araays Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,738 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      238 20 CRYPTIC CROSSWORD ACROSS r tt rr 1 [c Tr To 1 2 H in fortress or (8) 30 Courteous European retaining appeal (6) 31 Perhaps Asian football team cQnfused cia| o|d Q joins a league (8) n Roads headmg nQrth DOWN around, say, African country YESTERDAY'S SOLUTION 1 Oho,d^'i^ int°
      238 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9153 21 Week ended: Aug 14 Hi. »-wks Tel Low Code Com| Sale C000) Hii Low Bu; fer Seller C'vr P/E $mil )an] 15.5 3 3148 STelecom 8 2.5 5834 A-Sonic 28 12 5000 ABR Hldgs 12 5.5 1938 AEI Corp 8 1 1100 AEM 23 7 2101 APOil 84.5
      9,153 words
    • Article
      Lock icon SGX CATALIST
      1791 22 52-wks Tel High Low Code Last Sale Vol Week Last Quote Div Gr Yld C000) High Low Buyer Seller C'vr Net P/E M Cap $mil Company 19 5 1181 s AAGrp 26 12 8538 t APStrategic 4 0.5 1501 s Advanced System 7.5 2 3480 t Adventus 23.5
      1,791 words
    • Article
      Lock icon SGX ETF
      437 22 52-Wk Tel h Low Code Last Sale Vol COOP) Week lh Low Last Quote Buyer Seller Div GrYld C'vr Net P/E MCap Hi. Comi Hi. 110 100 6389 ABF SG Bond ETF 810 427 CIMBAsean40 1OOUS$ 273 149 DBS STI ETF 100 3903 3534 DBXT DJE50 1OUS$ DBXTDJE5OSh
      437 words
    • Article
      Lock icon CLOB INTERNATIONAL
      253 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      253 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      102 22 litaLand 3.700 +0.040 JMH 29.760 +0.080 SIA En: 2.690 +0.010 1.500 +0.020 JSH 17.000 +0.200 SMRT 1.710 -0.010 'Dev 10.200 +0.180 Jardine C&C 23.960 +0.140 SPH 3.600 +0.010 imfortDelGro 1.600 +0.030 Kei >el Con 8.050 -0.060 ST En: 2.670 +0.020 >sco Con 1.250 NOL 1.710 +0.020
      102 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      100 22 Up Down Unch Up Down Unch Up Down Unch lulti Ind 10 6 2 0 0 0 10 6 2 lanufacturini 107 65 65 22 115 74 87 Commerce 51 15 15 55 24 18 r/O ms 29 10 30 10 :inance 25 25 instruction 14 19
      100 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 22 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 101,082 101,082 307,553 307,553 Manufacturing 2,237,249 255,482 2,492,731 1,363,221 15,290 1,378,511 Commerce 663,033 86,107 749,140 426,298 38,004 464,302 'pt/Stor/Comms 674,787 4,875 679,662 918,093 1,080 919,173 Finance 193,331 80 193,411 1,436,468 1,436,474 Construction 643,083 77,270 720,353
      123 words
    • Article
      Lock icon STOCKS ASIA
      2651 22 Transaction date: Aug 14 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing
      2,651 words
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      29 21 Le maitre de I'horlogerie depuis 1875 B-^B J B\ N*t N--;; i A^Bg^k ROYAL OAK OFFSHORE I'M mnSHSISSSJ^wIi M. wr^o^ All For enquiries, Tel (65) 6238 6678 www.audemarspiguet.com i
      29 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      370 23 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Au; 14 World Index Preliminary 760.5 -1.0 12.2 -1.0 15.4 -1.1 15.1 EAFE Preliminai 732.2 -0.4 12.8 -0.4 18.2 -0.4 17.9 Euroi Prelim inan 1006.9
      370 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 23 As at 9am Aug 14 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2090 1.2450 .an dollar 1.3190 1.3350 Euro 2.0480 2.0710 NZ dollar 0.9740 0.9950 iterlini ind 2.3780 2.4050 US dollar 1.4330 1.4490 Local dollars to 100 units of foreign
      131 words
    • Article
      Lock icon INTERBANK RATES
      171 23 Aug 14 *L Offer Overnight 1/4 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 0.20 US$ Offer 1/8 3/16 5/16 7/16 BJd 7 days 1 month 2 months 3 months 6 months I. 12 months $Au 0.35 0.39 0.50 0.60 0.85 1.40 1.50 Offer 0.25 0 29 0.30
      171 words
    • Article
      Lock icon STOCK INDEX FUTURES
      26 23 Aug 14 ten iTI Aui 2619 2619 2615 ilMSCI Aui 312.3 316.2 313.1 "aiwanAu; 255.4 259.0 256.9 Source: MF Global (S) He. Ltd
      26 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 23 Aug 14 Fer S$ 1-month 1.4428 1.4443 2-months 1.4430 1.4445 3-months 1.4430 1.4445 6-months 1.4432 1.4448 Source: OCBC
      21 words
    • Article
      Lock icon PALM OIL
      63 23 Aug 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low SepO9 2488 2461 2516 2444 862 5396 Oct09 2482 2441 2510 2424 ***** ***** Nov09 2462 2437 2494 2409 6714 ***** Dec 09 2455 2425 2476 2405 1185
      63 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      295 23 Aug 14 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO9 DecO9 Mar10 Jun10 99.5650 99.4050 99.1050 98.6900 7546 2358 3430 2435 EUROYEN TIBOR FUTURES SepO9 99.470 99.470 DecO9 Mar10 99.490 99.490 Jun10 Sep10 Dec10 Mar11 Jun11 99.465 99.490 99.465 99.480 99.475 99.460 99.410 99.365 99.280 99.220
      295 words
    • Article
      Lock icon SICOM FUTURES
      189 23 Aug 14 tUBBER Futures (Closing prices) !SS 3 (US cents/kg) flonth High Low Close Sett Volume (lots) O/l lots) iepO9 210.8 3d 09 210.0 MOV09 208.0 Dec 09 208.0 Ian 10 =eb 10 210.5 208.0 208.0 208.0 210.8 210.0 208.5 208.5 208.5 208.5 20 20 10 30 394
      189 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 23 Aug 14 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Hi. Day's [h Low 3-Month BQ*****F 12.11.09 1-Year BY*****W 03.05.10 0.30 0.35 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hig Day's igh Low 2-Year NX*****H 3.625 5-Year NX*****F 3.625 7-Year N*****0S 2.875 10-Year NX*****W 2.500
      88 words
    • Article
      Lock icon CHICAGO BOT
      99 23 Aug 14 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Aug 09 1100.00 1187.25 1175.50 1108.50 Sep 09 1024.50 1065.25 1072.25 1018.25 Nov09 981.50 1018.75 1031.00 978.75 Jan 10 988.00 1024.25 1032.50 985.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low AugO9 37.18 37.54 37.72 37.16 Sep
      99 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 23 CRUDE OIL PRODUCTS Aug 13 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 74.43 0.75 WTI (Near Mth) 71.03 0.77 Dubai (1-Mth F) 73.10 2.01 Tapis blend 79.05 2.15 Minas 76.60 2.10 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene S9.27 79.10 -0.73 1.30 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      464 23 Aug 14 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: lustralia 0.916 5.755 0.590 6.527 40.682 83.747 0.802 10.434 2.963 1.238 69.326 40.467 1.215 6.757 0.903 27.698 28.657 0.509 0.842 Canada 1.092 6.285 0.644 7.127
      464 words
    • Article
      Lock icon SIBOR
      74 23 Aug 14 (US$) (SS) 0.***** 0.***** 1 mth 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 1.***** 0.***** 12 mths 1.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9mths 1.***** 12 mths 1.*****
      74 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 23 Aug 14 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2147 1.2161 0.8420 0.8422 Canadian dollar 1.3264 1.3281 0.9195 0.9197 Euro 2.0589 2.0612 1.4272 1.4274 NZ dollar 0.9811 0.9828 0.6801 0.6806 Sterlini md 2.3853 2.3881 1.6535 1.653!
      157 words
    • Article
      Lock icon PRECIOUS METALS
      134 23 Aug 14 /oz) tug njg Hong Kong .ondon 954.50 951.70 955.50 952.70 Aug 13 Aug 14 955.95 952.60 956.75 953.40 Source: Thomson Reuters CAST BAR (S$) Aug 14 Buying Sellini Kilobar "47,505.86" ***** PAMP GOLD BARS (SS) Selling Buying gm jam Ogm !0gm iOgm OOgm oz ozUBS Kinphar™
      134 words
    • Article
      Lock icon LONDON METALS
      69 23 Aug 14 luminium, 99.7% urity (USS/tonne) Close Previous Cash 1957.25 2027.25 3 months 1990.00 2060.00 Copper, Grade A (USS/tonne) Cash 3 months 6251.00 6245.00 6383.00 6381.00 Lead (USS/tonne) Cash 3 months 1834.50 1852.00 1917.50 1935.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00
      69 words
    • Article
      Lock icon LIFFE
      73 23 Aug 14 :OCOA (Btonne) Close Prev Hii ih/Low SepO9 1785 1830 1836/1783 Dec 09 1812 1856 1862/1809 Mar 10 1818 1862 1863/1816 May 10 1816 1860 1860/1815 COFFEE (US$/tonne) Close Pev High/Low SepO9 1393 1415 1410/1390 Nov09 1413 1436 1430/1410 Jan 10 1427 1449 1444/1427 SUGAR (US tonne) White
      73 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2543 23 BONDS, WARRANTS EXTENDED SETTLEMENT [el lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Disc Gear- Mths ing Left Asia-Pacific Strategic W*****6 4 unch 867 1 15 3 4.63 57 >036 Advance SCT Ltd W*****9 0.5 1 87 1150 14.00 12 5092 Asia Environment W*****4 0.5 1 38
      2,543 words
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  • Page 24 Advertisements
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      2931 24 THE BUSINESS TIMES Shipping times _^^^^^H M H^^nppH 5E51 538 WAN HAI INTERNATIONAL PTE LTD UEN: *****4.95 M I BiiiHjwtfLtwSißiWP^'tJSWKililillß T Xl_l lAf A __l II A I I IMPf TEL'6226' 588 (I 4 LINES) FAX: ***** 163 1 A 1 111 fiTw^lH BB^SWBlKvflPfflWWlllrß V\^^t I WAN HAI INtj FKL
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  • Page 25 Advertisements
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      3368 25 r^VHBHH9i^B9iHI In c eastern car liner, ltd inn inrFTt**. I |»^i |jf—~L_l SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I WEEKLY EXPRESS SAILING SCHEDULE I I irirrTWCFTO^-H ___i 1 1 1 1 1 1 1 1 1 PCL/PHL SERVICE AMX SERVICE Connecting ECL SERVICE via MALTA L (|NA AZUL
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  • BizIT
    • Article, Illustration
      Lock icon IBM consulting arm launches new service line in S'pore
      1095 26 Business analytics is viewed as a driver of the next cycle of growth, reports AMIT ROY CHOUDHURY IBM Global Business Services, (GBS), the consulting arm of the iconic IT company and its largest profit generating business, has launched a new service
      1,095 words
    • Article
      Lock icon China Unicom denies it's buying 5m iPhones
      257 26 -AP [BEIJING] China Unicorn said on Friday it is talking with Apple about becoming an iPhone carrier but denied a report that it has reached a deal and will buy five million handsets. China is the world's most populous mobile phone market and
      -AP  -  257 words
    • <what's new>
      • Article, Illustration
        Lock icon Sony spices up home entertainment
        99 26 SONY promises to bring the thrill of watching a movie at the cinema into the living room with the BDP-5360. The new Blu-ray player claims to be able to deliver immersive entertainment with support for full 7.1 channel surround sound, coupled with razor sharp 1920
        99 words
      • Article
        Lock icon Asia-Pac broadband subscriptions to rise 17.3%
        89 26 INTERNET penetration in the region is expected to rise in spite of the economic uncertainty. Technology research firm Frost and Sullivan expects the number of broadband subscribers in the Asia-Pacific region to climb 17.3 per cent to 182 million in 2009. The estimated billing
        89 words
      • Article
        Lock icon Regional handset sales up 7 per cent in Q2
        69 26 HANDSET sales in the Asia-Pacific region bucked the economic downturn by registering a 7 per cent growth in the second-quarter, according to tech analyst firm Gartner. The company attributed the rise to strong demand in Australia, South Korea and China. Smart
        69 words
      • Article, Illustration
        Lock icon Canon thinks 'small' with new copier
        132 26 CANON has taken the wraps off the imageßunner 2318 L, a new multi-function copier targeted at smaller businesses. The product is suited for low-volume users such as SMEs hoping to shift from analogue to digital printing technology. Besides acting as a photocopier, the imageßunner
        132 words
      • Article
        Lock icon Sophos aims to plug security loopholes
        93 26  -  WINSTON CHAI SECURITY specialist Sophos has released SafeGuard Enterprise 5.40, a new product designed to secure the data on computers, removable media and other portable devices. The product boasts a new single sign-on passphrase feature that allows users to access all encrypted files on
        93 words
    • Article, Illustration
      Lock icon Cyber outage averted second time around
      583 27 Undersea cables near Taiwan severed by Typhoon Morakat, says WINSTON CHAI A CASE of "once bitten, twice shy" may have helped avert a major cyber blackout for local Internet users when several submarine cable systems were disrupted last week. While Singapore Telecommunications (Sing Tel)
      STOCK.XCHNG  -  583 words
    • Article
      Lock icon Mobile payments the way to go
      617 27  -  CHRIS CARR &lt;you say&gt; By THE use of physical cash is declining globally, as cashless payments rise in popularity. While money supply, as defined by economists is growing, the wads of physical notes that one sticks into wallets, purses and money clips is decreasing.
      617 words
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  • Page 26 Miscellaneous
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      262 27 w A ffiATS NOTICES RICKMERS MARITIME Registration Number: *****03 (Constituted under the laws of Singapore) Managed by Rickmers Trust Management Pte. Ltd. NOTICE OF BOOKS CLOSURE DISTRIBUTION PAYMENT DATE NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Unitholders of Rickmers Maritime will be closed at 5.00 pm
      262 words
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      Lock icon Page 27 Advertisements Column 2
      1620 27 w WATS JL^I V^&gt;/ JL JLV^JLjIJ Toll free: 1800-289-8822 Email: notices@sph.com.sg www.cats.com.sg NTHEMATTEROFTIHE IN THE MATTER OF THE I IN THE MATTER OF THE COMPANIES I I COMPANIESACTO\PSO COMPANIES ACT CAP 50 ACT, CAP. 50 PACTA UNITED CONSTRUCTION PTE. LTD. COMPANIES ACT, CAP. 50 AND (In Members' Voluntary Liquidation) CREED
      1,620 words
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  • BizIT ROUNDTABLA
    • Article, Illustration
      Lock icon Is open source the way to go?
      2750 28 OVERVIEW IN a recent study comparing open-source usage across 75 countries worldwide, Singapore ranked 16th. The study by Georgia Institute of Technology in the US, measured the amount of open source currently present in a country, taking into account factors such as existing
      2,750 words
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