The Business Times, 25 January 2010

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Total Pages: 30
1 30 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES S$1.00 online at http://www.businesstimes.com.sg S|£l A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 123/08/2009 Monday, January 25,2010
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  • Article, Illustration
    Lock icon RWS hotels booked solid till March
    476 1  -  Every room during the Chinese New Year festive period snapped up By LEE U-WEN [SINGAPORE] Thinking of staying at one of the newly opened hotels at Singapore’s first integrated resort (IR) anytime soon? If you haven’t booked a room at Resorts World Sentosa (RWS)
    BERITA HARIAN, AFP  -  476 words
  • Article, Illustration
    Lock icon Asia bond market makes slow start
    831 1  -  But players confident 2010 issuance volume will rival 2009’s By SIOW LI SEN [SINGAPORE] The Asian bond market has begun the year on a cautious note with issuance so far at just under half of what it was in the same period last year.
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  • Article
    Lock icon MARKETS DIGEST
    157 1 BT ONLINE BT print subscribers get free access to BT Online at www.businesstimes.com.sg. For more information, e-mail btocs@sph.com.sg or call 6388-3838. MARKETS Weekly Change ST Index 2,819.71 -88.71 KL COMP 1,300.45 +1.87 NIKKEI 225 10,590.55 -391.55 HANG SENG 20,726.18 -927.98 SET INDEX 714.10 -32.42 JAKARTA COMP 2,610.34 -36.75
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      69 1 BizIT Phishing threat a growing worry PAGE SAG AWARDS Big wins for Basterds, Bullock, Bridges PAGE 18 DINING OUT Classics in a fine setting PAGE 23 YOUNG INVESTORS’ FORUM Breaking gender rules in business PAGE 11 VIEWS FROM THE TOP TAMING THE DRAGON Are China’s asset markets in bubble territory?
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      224 1 Infinitely Rewarding. -HH-UOB n Infinite 12 3 a Reward yourself with up to 2 air miles with every dollar you spend overseas There's infinitely more to your travels when you charge a minimum of S$30,000* overseas to your UOB Visa Infinite Card from now to 15 March 2010. Your UOB
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  • TOP STORIES
    • Article
      Lock icon THREE-MINUTE DIGEST
      549 2 Asia bond market makes slow start THE Asian bond market has begun the year on a cautious note with issuance so far at just under half of what it was in the same period last year. While corporates are keen to refinance their debt ahead of any interest
      549 words
    • Article
      Lock icon Work harder and smarter, SM Goh tells Singaporeans
      669 2  -  Raising productivity would ensure less dependence on foreign workers By AMIT ROY CHOUDHURY [SINGAPORE] Senior Minister Goh Chok Tong yesterday urged Singaporeans to work harder and smarter to increase their productivity and keep the economy growing at a steady clip. Mr Goh
      669 words
    • Article, Illustration
      Lock icon Stocks in for rough ride as political risk tops focus
      1029 2  -  Clampdown on big banks eclipses strong Q4 earnings WALL STREET INSIGHT By ANDREW MARKS CORPORATE America is on track to turn in what could well be a record quarter for year on year profit growth. But unless companies start showing
      AP  -  1,029 words
    • Article, Illustration
      Lock icon Timely to include GNI in growth measure
      808 4  -  Foreign-local gap in econ activities shows up sharply in indigenous data COMMENTARY By ANNA TEO Iers atrecennoi, PLee spokein foc N remarks to reporters at the end of his recent visit to Hanoi, Prime Minister Lee Hsien Loong spoke about a shift in
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    • Article, Illustration
      Lock icon Singapore consumers far more upbeat in Q4
      704 4  -  Index hit a high of 124 at year-end, up from Q1’s dismal 62 CONFIDENCE SURVEY By MAARTEN KALLENBERG The writer is head of Consumer Confidence Index at InsightAsia Research Group. He can be contacted at consumerconfidence@ insightasia.com [SINGAPORE] Confidence in Singapore’s economic recovery
      Source: InsightAsia  -  704 words
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      89 2 RAJAH TANN Lawyers who know Asia MOVING UP HERE TO STAY NOTICE OF CHANGE OF ADDRESS Today, our office at the Bank of China Building moves up Battery Road to the new Straits Trading Building. Our office at 77 Robinson Road will also make its move to the Straits Trading
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      10 2 Bernanke set to be confirmed as Fed chief, Page 14
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      683 3 Walton Investing on Solid Ground™ Walton International Group is positioned for growth in Singapore. Walton International Group (Singapore) Pte Ltd. commenced operations in 1996. Located at Republic Plaza 1, Raffles Place, our Singapore office currently employs more than 300 employees. On behalf of the Walton Asia Executive Team and Ms
      683 words
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      697 4 MATS Toll free: 1800-289-8822 Email: notices@sph.com. NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF a) ADELPHI JEWELLERY AND GOLDSMITH PTE LTD Co. Reg. No. *****7930W b) AN AN DA GARMENTS PTE LTD Co. Reg. No.*****1101 H c) ANANDA HOLDINGS (S) PTE LTD Co.
      697 words
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      626 4 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 W.R.M.S. PTE. LTD. (Company Registration No. *****5547G) MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company which was deemed to have been held on 15 January 2010 and the following resolutions passed pursuant to Section 179(6) of the Companies
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      745 4 In the matter of The Companies Act, Cap. 50 And In the Matter of AMRAK ASIATIC PTE LTD (Company No. *****4280W) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITYTO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I, Tan Meng Kiat of 403 Bukit Batok West Avenue 7, #10-22, Singapore *****3, NRIC
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      655 4 CHUNGHONG HOLDINGS LIMITED (Company Registration No. *****5) REMINDER OF EXTRAORDINARY GENERAL MEETING (EGM) Please be informed that a Notice of Extraordinary General Meeting of ChungHong Holdings Limited has been sent to all shareholders on 18th January 2010. Please refer to the EGM Notice for full details. The Extraordinary General Meeting
      655 words
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      332 4 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF WINSTATE INVESTMENT PTE LTD (Co. Reg. No.: *****1669R) (In Member's Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a final meeting of the members of the above
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      4 4 INSIGHTASIA RESEARCH GROUP www.insightasia.com
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  • COMPANY NEWS
    • Article
      Lock icon What’s ahead for CMA investors?
      494 5  -  HOCK LOCK SIEW By ARTHUR SIM CAPITALAND’S floating of CapitaMalls Asia (CMA) in November last year is starting to make sense now. CapitaLand already has listed vehicles CapitaRetail China Trust (CRCT) and CapitaMall Trust, so some have wondered about the move to list CMA. But
      494 words
    • Article
      Lock icon Moya remains committed to Dayen placement
      261 5 IN a filing on the Singapore Exchange yesterday, Dayen Environmental said that Moya Holding Company BSC (Moya) has outlined its perspectives on the placement offer announced in December after considering the recent developments in Dayen. The Commercial Affairs Department (CAD) is currently investigating Dayen’s
      261 words
    • Article
      Lock icon Companies urged to adopt ‘manyness’ attitude
      449 5  -  It is key to being able to compete globally: consultant By TEH SHI NING COMPANIES with international ambitions need strategies that reach beyond expanding sales and shifting production offshore to keep up with competitors in rapidly developing China and India, says the Boston Consulting
      449 words
    • Article, Illustration
      Lock icon Transview banks on mining investments
      560 9  -  Core sports retail business expected to be dwarfed by profits from Aussie firms By VEN SREENIVASAN GOLF equipment and apparel distributor Transview Holdings expects earnings from its Australian mining investments to dwarf its current core sports retail business within the next 12 to 18 months.
      560 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      462 9 Payment Ex Books Pay (cts) date close date AIMS AMP Cap Ind REIT bb 0.950 25-Nov 30-Nov ai Ascendasreit ag 3.270 22-Jan 26-Jan 26-Feb Ascott R Trust ad 2.820 27-Jan 29-Jan 26-Feb Ascott R Trust ao 0.950 27-Jan 29-Jan 26-Feb Asia Pac Brew ak 18.000 26-Jan 28-Jan 10-Feb
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    • Article
      Lock icon COMPANY MEETINGS
      423 9 COMPANY MEETING PLACE DATE TIME BRC Asia A 350 Jalan Boon Lay Jurong Industrial Estate Singapore *****0 25-Jan 11.00am Cosmosteel A Shan Shui Palace 450 Jalan Ahmad Ibrahim, Raffles Country Club Singapore *****2 25-Jan 10.00am Dayen Env A Orchid Country Club Sapphire 3, 1 Orchid Rd Singapore *****2
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    • Article
      Lock icon PRIME LENDING RATES
      402 9 Jan 22 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
      402 words
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      164 5 Accounting Accounting backlogs Messy Accounts Migration of accounting systems Reconciliation problems in P&L, fixed assets, stocks 285S* CoflVP The Accounting SWAT team offers expert help and fast turnaround to accounting problems, including any of the above. Call 6-222 6868 now AccountServe for the Accounting Specialists www.AccountServe.com.sg JIG MARKETS get thinking
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Wall Street still calling the shots
      644 6  -  STOCKS R SIVANITHY Senior Correspondent FRIDAY’S column discussed the existence of a “complacency” premium in US stocks and by extension, the rest of the world, this being the premium built into prices because of assurances from governments that in the event of trouble, public
      644 words
    • Article
      Lock icon Strong investment demand for gold, silver
      444 6  -  COMMODITY WATCH By WONG ENG SOON The writer is investment analyst, Phillip Futures EVER since gold reached a high of US$1,212.50 a troy ounce on Dec 2 last year, it has consolidated at current levels of 6 per cent below that peak on strong
      444 words
    • Article
      Lock icon S Korean won, Indonesian rupiah lead fall in Asian units
      495 6 CURRENCIES Bloomberg [HONG KONG] Asian currencies fell this week, led by South Korea’s won and the Indonesian rupiah, on speculation that China will take more steps to curb inflation after economic growth accelerated to a three-year high. The Bloomberg-JPMor-gan Asia
      Bloomberg  -  495 words
    • Article
      Lock icon RISES
      123 6 BY CENTS CLOSE UP DBXT S&P Short 10US$ 5390 191.8 2.6 DBXT MSEurope 10US$ 4386 106.4 1.8 HL Asia 349 24.0 7.4 M1 217 20.0 10.2 OCBC Bk 5.1%NCPS 100 ***** 20.0 0.2 OCC 5.1% NCPS 100 ***** 20.0 0.2 OCBC Bk 4.5%NCPS 100 9848 18.0 0.2 Z-Obee Hldgs
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    • Article
      Lock icon FALLS
      108 6 BY CENTS CLOSE DOWN DBXT Nifty 10US$ *****-1113.0 -6.8 GLD 10US$ *****-564.2 -3.6 DBXT FTVietnam 10US$ 4292-359.8 -5.6 DBXT FTChina25 10US$ 2820-331.8 -7.8 DBXT MSAsExJp 10US$ 2721-224.0 -5.6 DBXT MSKorea 10US$ 4706-214.2 -3.1 DBXT MSTaiwan 10US$ 1613-154.0 -6.4 Lyxor MS India 10US$ 1500-127.4 -5.7 JMH 3000-117.6 -2.7 Lyxor Europe
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    • Article
      Lock icon CURRENCIES Where S$ stands
      87 6 Jan 22 CHNG YR 2010 CLOSE FR Jan 21 S$ LOW S$ HIGH US$ 1.4015 0.21 1.4045 1.3869 Euro 1.9810 -0.44 2.0153 1.9723 Pounds 2.2751 -0.30 2.2736 2.2242 A$ 1.2708 0.32 1.2923 1.2617 Yen* 1.5508 -1.19 1.5508# 1.5027 Rupiah* 0.***** 0.54 0.***** 0.***** Baht* 4.2489 0.11
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    • Article
      Lock icon BROKERS’ RECOMMENDATIONS
      1486 6 Consensus No. of Forecast Mean Fri’s recommendation esti-EPS PE target price Company name This wk Last mth mates (cents) (ratio) price Allgreen Prop Ltd 1.91 1.91 11 8.30 15.19 1.46 1.25 ARA Asset Mgt Ltd 2.00 2.00 2 8.05 12.11 1.07 0.97 Armstrong Ind Corp Ltd 1.00 1.00
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    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      64 6 Jan 22 VALUE CLOSE BT OB/OS -710.00-391.00 BT CADI -*****.00-171.00 BT 10-day MA -*****.00 -71.00 FTSE ST Mid Cap 699.72 -1.80 FTSE ST Small Cap 563.92 -0.68 FTSE ST All Share 700.80 -6.45 FTSE ST China Top 294.33 +0.46 FTSE ST China 301.50 -0.02 FTSE ST Catalist
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    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME Genting SP 784,149,000 Golden Agri 508,285,000 Ying Li 311,334,000 Oceanus 213,118,000 Z-Obee Hldgs 210,137,000 Transcu Grp 175,533,000 Thai Beverage 172,073,000 CapitaLand 159,079,000 GMG Global 154,670,000 Pac Andes 144,616,000 VALUE($) Genting SP 982,310,918 CapitaLand 673,215,436 DBS Grp 383,289,181 Golden Agri 283,163,520 Wilmar 257,706,978 UOB 252,227,822 Keppel Corp
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    • Article, Illustration
      Lock icon Buying among directors still weak; selling drops
      1258 8  -  INSIDE MARKETS By ROBERT HALILI The writer is managing director, Asia Insider BUYING remained low, while selling among directors fell last week based on filings on the exchange in the third week of January. A total of nine companies recorded 16 purchases versus
      1,258 words
    • Article, Illustration
      Lock icon Portfolios mirror market weakness
      1538 8  -  TEH HOOI LING Senior Correspondent THE US White House’s proposal to limit the scope of activities of the country’s biggest banks and China’s moves to cool its economic growth posed a double whammy for stocks globally. Our portfolios reflected the market’s general weakness, with five out
      1,538 words
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      201 7 rich slow. When it comes to investing your hard-earned money, our view is definitely different from most. Instead of promoting those high-risk, quick gambles, we take a long-term, prudent and disciplined approach. Instead of charging high annual management fees to maximise our profits, we offer one of the lowest 1
      201 words
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  • Page 9 Advertisements
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      277 9 A AZEA FREE SEM s Property Investment Strategies the 'Donald Trump' Way, with less than $30k ATTEND A FREE 3 hours seminar worth $198 to learn: A Well Kept Secrets of the Rich's Strategies now revealed! A Creating a regular monthly income from your investment A What are the criteria
      277 words
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      437 9 a leading licensed financial adviser in Singapore presents "the future is bright" seminar Topics include A Professional Career with IPP How to Become a Top Professional Financial Adviser Why People Fail Achieving Financial Success in the New Economy Lifetime Financial Freedom with IPP Venue: Address: Date: Time: Speakers Wee Tiong
      437 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon HANDS ON
      49 10 [SINGAPORE] Prime Minister Lee Hsien Loong making a handprint after dipping his hands into a pot of paint at the Ren Ci Charity show 2010 yesterday. His handprint, along with those of other VIPs and celebrities, was used to form a rainbow collage DESMOND WEE/THE STRAITS TIMES
      DESMOND WEE/THE STRAITS TIMES  -  49 words
    • Article
      Lock icon JAC revives stalled Jurong Island complex
      472 10  -  BP comes in with financing for US$2b project, due to be ready by 2013 By RONNIE LIM THE Jurong Aromatics Corporation (JAC) consortium hopes to finally start construction of its stalled US$2 billion petrochemical complex on Jurong Island this March two years behind schedule.
      472 words
    • Article
      Lock icon Majority get bad service from property agents: survey
      384 10  -  By AMIT ROY CHOUDHURY A NEW survey shows that 80 per cent of all real estate transactions in Singapore are done through real estate agents and most of these end with customers encountering some sort of “bad service”. This was a part
      384 words
  • Page 10 Advertisements
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      715 10 4 m f Ji'v* 1 *V 5 1 y V* W*r r «W J P 3£ v PET FOR THE SMART TRADERS Power E*TRADE Pro (PET) gets even more powerful in 2010 which empowers your strategies to capture US investment opportunities in the volatile market. Minimizable real-time widget which helps
      715 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Breaking gender rules in business
      807 11 How history-making women entrepreneurs defy market truisms and clichés to set a precedent for females, proving they have what it takes to strike out on their own This article was contributed by SIM Professional Development STILL remember when your father admonished you to follow the
      807 words
    • Article, Illustration
      Lock icon The importance of ‘heartware’
      976 11  -  NORA TAN picked up a lot from the LSE-PKU Summer School programme in Beijing CAMPUS LIFE NORA TAN The writer is a third-year student at SIM Global Education doing a Bachelor of Business (Marketing) awarded by the Royal Melbourne Institute of Technology (RMIT) I THINK learning
      976 words
    • Article
      Lock icon Be smart with your finances
      204 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
      204 words
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      45 11 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.
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Taming the dragon
      3314 12 THIS WEEK’S TOPIC: Do you believe that China’s asset markets are in bubble territory? If so, what are the potential implications for the rest of the region, including Singapore? What further actions do you anticipate from China’s policymakers to cool the economy? Tan Chong Huat Managing Partner
      3,314 words
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      189 13 Comfort. Wrapped in luxury, enveloped in style. The new generation S-Class. The icon of motion. m m R Mercedes-Benz The innovative spirit of the S-Class isn't just reflected in its advanced technology. It can also be experienced in the sheer indulgence offered by its luxury and comfort. The active multicontour
      189 words
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      11 13 For the complete list of views from CEOs, go to http://businesstimes.com.sg
      11 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Bernanke likely to be confirmed as Fed chief
      874 14 Senate leaders have assured Obama of their support: White House official US FEDERAL RESERVE Bloomberg [WASHINGTON] US President Barack Obama has received assurances from Senate leaders that Ben Bernanke will be confirmed for a second term as Federal Reserve chairman, an administration
      Bloomberg; AP  -  874 words
    • Article
      Lock icon Fed tipped to hold its course as clock runs on stimulus
      617 14 AFP [WASHINGTON] The US Federal Reserve is expected to signal a steady policy course at its upcoming meeting, in an effort to keep a fragile economic recovery on track, analysts said over the weekend. The central bank opens a
      AFP  -  617 words
    • Article, Illustration
      Lock icon Britain set to exit recession but faces tough recovery
      615 14 Speculation of cuts in public spending, taxation hikes AFP [LONDON] An end to Britain’s longest recession on record will likely be confirmed this week but recovery for the debt-ridden nation facing an election this year will be far from smooth, economists
      AFP; BLOOMBERG  -  615 words
    • Article
      Lock icon Govt workers a union majority for 1st time
      633 14 Trend is worrying; may have political ramifications NYT [NEW YORK] For the first time in American history, a majority of union members are government workers rather than private-sector employees, the Bureau of Labour Statistics announced on Friday. In its annual report on
      NYT  -  633 words
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      28 14 SI* -6- €> tk Lianhe Zaobao Will property S-chips rise in tandem with China's white-hot market? MS ±m mm !k mm 7jC [HI For Subscription, call 6388 3838 www.sphsubscription.com.sg
      28 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Freeport convoy ambushed near Papua gold mine
      282 15 AP [JAKARTA] Gunmen attacked a convoy near the world’s largest gold mine in Papua yesterday, wounding at least seven people including a foreigner, Indonesian police said, the latest in a string of attacks on the US-owned mine. The convoy of two buses and
      – AP  -  282 words
    • Article
      Lock icon Al Baraka eyes stake in Bank Muamalat
      467 15 Bahrain-based bank may buy up to 49% stake Reuters [MANAMA] Bahrain-based Islamic lender Al Baraka is in talks to buy a stake in Malaysia’s Bank Muamalat, its chief executive said, with a source adding that it could buy up to 49 per cent
      Reuters  -  467 words
    • Article
      Lock icon BURSA MALAYSIA
      2085 15 VOL Jan 22 RM +/-(‘000) A M Realty 0.74 0.01 38 Abric Bhd 0.23 -0.01 351 Advance Synergy 0.16 -0.01 1047 Adventa Bhd 3.50 -0.12 4023 Ae Multi Hldgs 1.10 0.01 3322 Affin Holdings 2.57 unch 1795 Ahmad Zaki Resou 0.92 0.02 192 Aic Corp 0.61 0.05 849
      2,085 words
    • Article
      Lock icon Ghazali Shafie dies, aged 88
      67 15 Bernama [KUALA LUMPUR] Former Malaysian home minister Ghazali Shafie died at his residence in Subang Jaya last night, aged 88. The death of Mr Ghazali was confirmed by his grand-daughter Farah when she was contacted. Mr Ghazali, who was born in Kuala Lipis, Pahang, leaves
      Bernama  -  67 words
    • Article, Illustration
      Lock icon Putting an end to subsidies
      736 15  -  First, convince people that funds would be better channelled to the poor or public infrastructure projects MALAYSIA INSIGHT PAULINE NG KL Correspondent THE lack of details on two-tier pricing at fuel pumps is getting worrisome as implementation is only some three months away. Will subsidised
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      172 15 Jade Abalone "Jade Abalone, my favourite choice' -tm Master Chef Huang Ching Biao m si Jade MexicoA KingS~ ■"■R m |Ht Xs) f i i r J* Jade brand or "Yu Huang«3Eii»" represents the highest grade fine food. Our abalone is well known for its natural flavour, succulence and tenderness.
      172 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Concern rising over inflation in China
      854 16 Economists worry Beijing won’t do enough, and exports keep surging Reuters [BEIJING] Wang Zihua’s last pay rise was two years ago and the 56-year-old post office worker in the northern Chinese city of Harbin is concerned his 1,200 yuan (S$247) monthly salary is being
      Reuters; AFP  -  854 words
    • Article
      Lock icon Too soon for China to up rates: govt economist
      281 16 Reuters [SHANGHAI] It is too soon for China to raise interest rates because inflation is still containable and a rate hike could spur an unwelcome influx of speculative money, a senior government economist said here last Saturday. Xia Bin, head of
      Reuters  -  281 words
    • Article, Illustration
      Lock icon Chateau Lafite 1982 goes for HK$363,000
      300 16 Wine auction in Hong Kong fetches HK$52.9m in total Bloomberg [HONG KONG] A six-litre bottle of Chateau Lafite 1982 has fetched HK$363,000 (S$65,600), nearly twice its presale high estimate, at a sold-out wine auction as the quest for rarity and inflation concerns drove prices
      Bloomberg; BLOOMBERG  -  300 words
    • Article
      Lock icon Seoul to seek Delhi’s support for Posco mill
      541 16 Bloomberg [SEOUL] South Korean President Lee Myung Bak is seeking Indian government support to clear the way for Posco’s planned US$12 billion plant that has been delayed for about three years, his office said. Mr Lee, who is to attend India’s Republic
      Bloomberg  -  541 words
    • Article
      Lock icon China moves up to No 2 in diamond market
      211 16 Reuters [BEIJING] China last year overtook Japan to become the world’s second largest diamond market behind the United States with trade on the Shanghai diamond exchange rising 16.4 per cent to more than US$1.5 billion, the state media said. The official
      Reuters  -  211 words
    • Article
      Lock icon India fast-tracks highway expansion plans
      720 16 AFP [NEW DELHI] India is ramping up its road infrastructure quadrupling highway construction in six months in a bid to accelerate economic growth in Asia’s third largest economy. Revving up the pace from two kilometres of new roads a day before he took office to
      AFP  -  720 words
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  • FOCUS: BONUS SEASON
    • Article, Illustration
      Lock icon Shaking off frugal fatigue
      1501 17 The Wall Street crowd is gearing for a spending spree after a year of self-imposed austerity, but it will be a lot less conspicuous NYT [NEW YORK] LbedfietAST year, investment bankers and their spouses kept their wallets shut during bonus season, first, out of panic, and
      NYT  -  1,501 words
    • Article
      Lock icon Bankers growing cautious in spending
      661 17 They are making safer bets, paying down debts NYT [NEW YORK] With all eyes on banks and their bonus pools, there is the question of what happens to the bonus money the bankers receive this year. Will they return to flashy spending or invest it
      NYT  -  661 words
  • Page 17 Advertisements
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      138 17 ■■at Erl IHT Newsman Sole Marketing Agent 16A CABLE ROAD 1 19,000sqft Spacious Road 11,000sqft Living Space 1 Sumptuous Interiors with Luxury Bathrooms 1 Private Pool and Pavilion Fully furnished with Designer's furniture Designed by award-winning firm K2LD Modern accents reflected throughout Large Professional Equipped Kitchen ■Sweeping Greenery View from
      138 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Swedish fund seen as bailout model
      703 18 Stabilisation fund is based on annual insurance-like fees paid by the institutions AP [STOCKHOLM] When it comes to the global financial crisis, Sweden seems to have something to offer as the world searches for solutions to restore the billions lost in bank bailouts. After
      AP  -  703 words
    • Article, Illustration
      Lock icon Inglourious Basterds wins cast award
      901 18 Avatar shut out completely; Jeff Bridges, Sandra Bullock score again SAG AWARDS Source: AP Photos: AP, REUTERS AP [LOS ANGELES] While Jeff Bridges and Sandra Bullock’s chances for Academy Award gold were advanced with their trophies at the Screen Actors Guild Awards, the blockbuster Avatar
      Source: AP Photos: AP, REUTERS; AP  -  901 words
    • Article
      Lock icon Hatoyama’s party clouded by scandal despite Ozawa denial
      340 18 Reuters [TOKYO] Japanese opposition parties vowed yesterday to pursue a scandal ensnaring a ruling party kingpin ahead of a mid-year election, although they stopped short of threatening to delay budget debate in Parliament. Ichiro Ozawa, seen as the most powerful politician in
      Reuters  -  340 words
    • Article
      Lock icon No go for Thai suspended projects
      205 18 Administrative court rejects petitions from companies Reuters [BANGKOK] Thailand’s Central Administrative Court has rejected petitions seeking the go-ahead for 30 suspended projects at a major industrial zone, dealing a blow to dozens of companies hoping to get operations back on track. The decision will
      Reuters  -  205 words
    • Article
      Lock icon Venture capitalists putting less money to work
      377 18 NYT [NEW YORK] Venture capitalists, whose money provides fuel to technology start-ups, last year invested the lowest amount in such companies since 1997, according to a report from PricewaterhouseCoopers and the National Venture Capital Association released on Friday. Many in the industry say
      NYT  -  377 words
    • Article
      Lock icon Australia may change pension options
      168 18 Reuters [MELBOURNE] Australian retirees may in the future be able to swap private pension funds for a guaranteed income from the state in a move designed to help poorer workers, a report said on Saturday. The change is contained in a major tax review currently
      Reuters  -  168 words
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  • FOCUS: OFFSHORE TRUSTS
    • Article, Illustration
      Lock icon Island haven for ill-gotten gains
      1551 19 Some Americans look to the Cook Islands to protect their wealth NYT [NEW YORK] THE Cook Islands have a smaller population about 20,000 than one apartment complex in Manhattan, and an economy with little to offer except tourism and pearl exports. The country contracts out
      NYT; CBS  -  1,551 words
  • Page 19 Advertisements
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      155 19 ou've tisin transpare Let The Nominations Begin Excellent corporate governance. High corporate disclosure standards. And an open policy of transparency. The 5th Singapore Corporate Awards recognises listed companies and individuals who have done their part to raise Singapore's corporate standards. The SCA comprises five categories and nominations are now open
      155 words
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  • WORLD
    • Article
      Lock icon State of Union agenda: yes, he gets it
      610 20 Obama expected to use Wednesday’s speech to reconnect AP [WASHINGTON] Seizing a chance to reconnect, US President Barack Obama will use his first State of the Union policy address to try to persuade the people of a frustrated nation that he is
      AP  -  610 words
    • Article, Illustration
      Lock icon PORTRAIT OF AN ARTIST AND HIS FAMILY
      90 20 [LONDON] The great-grandchildren of Vincent Van Gogh’s brother Theo, (from left) Willem Van Gogh, Sylvia Cramer and Josien Van Gogh, posing in front of Vincent Van Gogh’s ‘Self Portrait as an Artist 1888’ during the launch of ‘The Real Van Gogh: The Artist
      REUTERS  -  90 words
    • Article
      Lock icon Obama backs plan for taskforce to cut deficit
      341 20 Bipartisan panel will study the issue, give solutions guide AP [WASHINGTON] President Barack Obama on Saturday endorsed a bipartisan plan to name a special task force charged with coming up with a plan to curb the spiraling budget deficit, though the idea
      AP  -  341 words
    • Article
      Lock icon Britain sceptical on proposed US banking reforms
      385 20 AFP [LONDON] Britain’s finance minister expressed scepticism yesterday at proposed US banking reforms, saying they would not have prevented the financial crisis and warning that they risk undermining the global consensus. President Barack Obama announced plans last week to limit the size and
      AFP  -  385 words
    • Article
      Lock icon More pressure for bank reforms expected
      535 20 Bankers, absent last year, anticipated to fight back vocally DAVOS SUMMIT AFP [ZURICH] Pressure for bank reforms is set to grow at a gathering of the world’s elite at Davos this week, shortly after US President Barack Obama set the stage with an offensive
      AFP  -  535 words
    • Article
      Lock icon Dubai World assets total more than US$120b: report
      243 20 Reuters [DUBAI] State-linked Dubai World’s property and investment assets exceeded US$120 billion at the end of 2009 and could cover its debt of US$57 billion, an Arabic-language daily said yesterday. Citing a recent internal report shared with creditors, Al Ittihad newspaper said
      Reuters  -  243 words
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      39 20 www.omy.sg omy is on iPhone! www.omy.sg :i; m +*®*> |t;5 ,"&k\. Download for FREE now! «W» Latest news Latest food guides Latest lifestyle trends 91.3 nor 30 tmwom w, i MON-FR! 8PM TO 12 BOY THUNDEt 91.3FM TODAT'S BEST MUSIC
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  • FOCUS: RUSAL IPO
    • Article, Illustration
      Lock icon Rusal’s long road to a HK IPO
      1372 21 The Russian giant’s scramble for financing involved an unusual cast of players, including the Libyans and a man wanted by Interpol NYT [MOSCOW] OLEG Deripaska, the Russian oligarch, was so deeply in debt at the onset of the financial crisis that Russian and
      NYT; AFP, RUSAL  -  1,372 words
  • Page 21 Advertisements
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      219 21 INTRODUCING A NEW LIFESTYLE DINING EXPERIENCE bar S on J. Taste the legendary Mandarin Chicken Rice and other Asian delights at Chatterbox or revel in one of the widest international buffet spreads at Triple Three. Otherwise, indulge in mouth-watering pastries and premium M coffee at Coffee Crust or chill out
      219 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon No progress in Airbus A400M funding talks
      546 22 Negotiations to resume next week hoping to meet Jan 31 deadline NYT [BERLIN] Military officials from the European countries with orders to buy the Airbus A400M military transport plane tried and failed again last Friday to resolve differences over how to share billions
      NYT  -  546 words
    • Article, Illustration
      Lock icon Clipper Race fleet makes S’pore stopover
      475 22  -  By VINCENT WEE THE Clipper 09-10 Round the World Yacht Race fleet made their grand arrival into the premier southern waterfront precinct of Keppel Bay on Saturday, and received a rousing welcome from over 1,000 spectators who cheered to the pulsating beats of 41
      TERENCE TAN/THE STRAITS TIMES  -  475 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2967 22 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi SQ456 1245 EY473 1940 Adelaide LH9771 1740 LH9770 2350 SQ268 1740 SQ269 2350 VS7268 1740 VS7269 2350 Amsterdam LO4031 0610 LO4032 2350 SQ323 0610 SQ324 2350 US5410 0610 US5411 2350 AZ3992 1615 KL835 1615 Athens SQ348 0105 Auckland LH9761
      2,967 words
    • Article
      Lock icon Tanker collision causes oil spill in Texas waterway
      393 22 AP [PORT ARTHUR, Texas] As much as 450,000 gallons (1.7 million litres) of crude oil may have spilled in a southeast Texas port when two vessels collided Saturday morning, but it’s unclear whether that much actually leaked from the damaged tank, a
      AP  -  393 words
    • Article
      Lock icon TRANSPORT ST0CKS
      286 22 SGX '000 Jan 22 S$ +/-Vol CH Offshore 0.70 -0.01 2515 Chuan Hup Hldgs 0.33 -0.02 203 Cosco Corp 1.32 -0.02 ***** CWT Ltd 0.90 0.01 4131 Ezra Hldgs 2.36 0.01 7975 First Ship Lease 0.60 unch 1246 Freight Links 0.05 unch 99 Grand Banks 0.43 unch 10
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  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      297 22 CRYPTIC CROSSWORD Across 1 It produces fir cone, possibly (7) 5 Varnish the woman will put on endlessly (7) 9 Got together catching old time musical composition (5) 10 Change end getting run (9) 11 Criminal set up and thwarted (10) 12 Display stand (4) 14 One gets hammered, making
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  • DINING OUT
    • Article, Illustration
      Lock icon Classics now in a fine setting
      610 23  -  RESTAURANT REVAMP Lei Garden Restaurant #01-24 Chijmes, 30 Victoria Street Tel: 6339-3822 By Jaime Ee IF you’ve ever bumped into a friend whom you haven’t seen for years and you can’t believe his/her transformation from frumpy to glamorous, that’s almost the same reaction that
      610 words
    • Article, Illustration
      Lock icon Delightful breath of fresh air
      781 23  -  NEW MENU Prive Marina at Keppel Bay, Keppel Island Tel: 6776-0777 By Cheah Ui-Hoon THE wall has finally come down at Prive. What a relief, and delight, it is to finally have a view of yachts moored in the marina, swaying palms, blue skies and
      781 words
    • Article
      Lock icon A feast for all the senses
      275 23  -  Raffles Hotel Wine, Food Arts Experience Jan 27 to 31, Raffles Hotel, 1 Beach Rd, Tel: 6412-1007 By Audrey Phoon PRISING three stars from the Michelin folks is tough enough, let alone hanging on to them. But Auberge de I’Ill helmed by fourth-generation owner
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      230 23 y y WINE DINE AND HOSPITALITY Celebrate A New Year Filled With Abundance. Feast on our Abundance Reunion buffet spread at Checkers Brasserie with festive delights such as New Year Lap Yok, Peking Duck and Roasted Suckling Pig. Bring home the celebration with our Auspicious Poon Choy and Yusheng from
      230 words
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      14 23 For more information on this year’s Raffles Hotel Wine, Food Arts Experience, visit www.rhwfae.com
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      9279 24 Week ended: Jan 22 52-wks Tel Last Vol Week Last Quote Div GrYld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 18 3 3148 8Telecom 16.5 -0.5 6097 17.5 15.5 16.5 17 5 0.7 30 79 10 2.5 5834 A-Sonic
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    • Article
      Lock icon SGX CATALIST
      1860 25 52-wks Tel Last Vol Week Last Quote Div Gr Yld Net M Cap High Low Code Company Sale +/-(‘000) High Low Buyer Seller C’vr P/E $mil 10 5 1181 s AA Grp 5 unch 25 5 5 5 5.5 4.8 25 12 8538 t APStrategic 16 +1 89
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    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      117 25 Stock name Close Change Stock name Close Change Stock name Close Change CapitaLand 4.070 -0.120 CapitaMall 1.780 -0.040 CityDev 11.000 -0.240 ComfortDelGro 1.640 +0.020 Cosco Corp 1.320 -0.020 DBS Grp 14.820 -0.240 F&N 4.280 +0.030 Genting SP 1.220 -0.010 Golden Agri 0.545 -0.010 HK Land 4.660
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    • Article
      Lock icon STOCKS ASIA
      2706 25 Transaction date: Jan 22 For a full listing of the closing prices, log on to BT online at http://business-times.asia1.com.sg after 11.30pm every trading day HONG KONG Vol HK$ +/-'000 Aeon Credit 6.54 unch 0 Aeon Stores 13.20 -0.14 34 Angang Steel 14.68 -0.40 ***** Anhui Conch 45.15 -1.35
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    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      186 25 MAIN SDQ TOTAL Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 13 2 0 0 0 3 13 2 Manufacturing 47 139 53 11 15 19 58 154 72 Commerce 13 59 10 2 12 5 15 71 15 Tpt/Stor/Comms 8 31 5
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    • Article
      Lock icon SGX ETF
      509 25 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 111 107 6389 ABF SG Bond ETF 107 -1.5 26 110 107 107.1 112 488.4 846 427 CIMBAsean40 100US$ US820 -18 933 840 820
      509 words
    • Article
      Lock icon CLOB INTERNATIONAL
      265 25 52-Wk Tel Last Vol Week Last Quote Div GrYld Net MCap High Low Code Company Sale +/-(’000) High Low Buyer Seller C’vr P/E $mil 56 20 6000 AVJennings A49 -2.5 15 51 49 45 51 3.6 7.1 3.9 127.6 31 6 6017 Genting HK US$ US24 -1 *****
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      121 25 TURNOVER (‘000) VALUE (‘000) MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 216,873 216,873 449,354 449,354 Manufacturing 2,557,840 159,749 2,717,589 1,516,874 8,506 1,525,380 Commerce 888,834 78,679 967,513 704,778 16,161 720,939 Tpt/Stor/Comms 734,381 37,440 771,821 1,121,673 9,025 1,130,698 Finance 201,761 85 201,846 1,032,838 6 1,032,844 Construction 391,086 85,543
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      26 25 Insiders' trades. Brokers' recommendations. Dividend table. The pages also cover transactions by directors and substantial shareholders. In other words, news you can use. THE BUSINESS TIMES
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 26 In local curr In S$ In US$ dy yr dy yr dy yr Jan 22 Index Change Change Change Change Change Change World Index Preliminary 826.9 -0.7 22.0 -0.5 22.9 -0.5 26.2 EAFE Preliminary 776.5 -1.1 19.6 -0.7 23.2 -0.7 26.5 Europe Preliminary 1099.1 -0.8
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    • Article
      Lock icon INTERBANK RATES
      180 26 Jan 22 $S Offer Bid Overnight 1/8 1/16 1-month 7/16 3/16 2-months 9/16 5/16 3-months 11/16 7/16 Overnight mode: 1/8 US$ Offer Bid 7 days 0.23 0.18 1 month 0.28 0.23 2 months 0.35 0.25 3 months 0.37 0.27 6 months 0.50 0.40 9 months 0.90 0.60 12
      180 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Jan 22 S$ Bid Offer 1-month 1.4007 1.4027 2-months 1.4010 1.4031 3-months 1.4013 1.4034 6-months 1.4021 1.4042 Source: OCBC
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    • Article
      Lock icon SICOM FUTURES
      199 26 Jan 22 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Close Volume O/I Month High Low Sett (lots) (lots) Feb 10 322.0 133.0 315.0 4 601 Mar 10 320.4 133.0 314.5 70 576 Apr 10 292.3 162.5 315.0 0 470 May 10 321.0 213.5 316.5 40 646 Jun
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    • Article
      Lock icon GOVERNMENT SECURITIES
      90 26 Jan 22 TREASURY BILLS Period Issue Maturity Yesterday's Day's code Bid High Low 3-Month BQ*****E 22.04.2010 0.48 0.45 0.45 1-Year BY*****N 01.11.2010 0.50 GOVERNMENT BONDS Period Issue Coupon Maturity Close Day's code rate Bid High Low 2-Year NX*****H 3.625 01.07.2011 104.37 104.41 104.41 5-Year N*****0N 1.375 01.10.2014 100.41
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    • Article
      Lock icon CHICAGO BOT
      105 26 Jan 22 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Mar 10 951.50 954.00 957.00 945.50 May 10 959.25 961.00 963.75 952.75 Jul 10 964.75 966.00 969.00 958.25 Aug 10 958.25 960.00 962.00 954.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Mar 10 36.71 37.00 37.09
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    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 26 CRUDE OIL PRODUCTS Jan 21 CRUDE (FOB origin) US$/barrel Close Change Brent blend (1-Mth F) 75.22 -0.88 WTI (Near Mth) 75.64 -1.37 Dubai (1-Mth F) 75.93 -0.40 Tapis blend 79.10 -0.45 Minas 78.45 -0.50 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha 79.00 -0.40 Jet Kerosene 84.85 -0.20 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon BONDS, WARRANTS & EXTENDED SETTLEMENT
      2640 26 BONDS, WARRANTS EXTENDED SETTLEMENT Prem Expiry Tel Last Vol Conv Exer Disc Gear-Mths Code Company Sale +or-('000) Ratio Price ing Left Asia-Pacific Strategic W*****6 3.5 1 15 16 4.57 52 2036 Advance SCT Ltd W*****9 0.5 1 87 1844 9.00 7 8756 Asiatic Grp (H) Ltd W*****2 9.5 -0.5 15
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    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 26 Jan 22 As at 9am Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2560 1.2940 Can dollar 1.3290 1.3440 Euro 1.9710 1.9920 NZ dollar 0.9930 1.0140 Sterling pound 2.2640 2.2890 US dollar 1.3970 1.4130 Local dollars to 100 units of foreign
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    • Article
      Lock icon STOCK INDEX FUTURES
      29 26 Jan 22 Open High Sett STI Jan 2800 2819 2819 SIMSCI Jan 340.5 341.7 336.9 Taiwan Jan 292.5 293.1 284.0 Source: MF Global (S) Pte. Ltd
      29 words
    • Article
      Lock icon THE BUSINESS TIMES SHIPPING TIMES
      6553 27 BALISA SHIPPING TRADING PTE LTD 8 Shenton Way, #40-03A, Singapore *****1 Tel: 6345 5700 Fax: 6345 5227 Email: singapore@balisagp.com CR NO. **********0W UK CONTINENT SERVICE U.S.A. SERVICE Destination STXPO TBN RTM/ANR/TIL *Loads Singapore, E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE Destination STXPO TBN NOL/CDN *Loads E./W. Malaysia,
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    • Article
      Lock icon PALM OIL
      71 26 Jan 22 OIL Jan 22 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Vol Open Month Range Price Price High Low Done Position Feb 10 2454 2449 2483 2450 415 2944 Mar 10 2463 2456 2481 2447 2127 ***** Apr 10 2466 2455 2483 2447 9668 ***** May
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    • Article
      Lock icon SGX DERIVATIVES TRADING
      359 26 Jan 22 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Mar10 99.7150 0 ***** Jun10 99.6000 0 7189 Sep10 99.3200 0 2936 Dec10 98.9500 0 2594 EUROYEN TIBOR FUTURES Mar10 99.4600 99.5850 99.4600 99.5800 317 4532 Jun10 99.6200 326 1591 Sep10 99.6400 0 1666 Dec10 99.6450 99.6450
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    • Article
      Lock icon INTERBANK CROSS RATES
      465 26 Jan 22 A$ C$ Rmb Euro HK$ Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ Australia 0.952 6.202 0.642 7.060 41.866 84.690 0.821 10.457 3.081 1.267 76.746 41.966 1.273 6.859 0.945 29.044 29.956 0.559 0.908 Canada 1.050 6.515
      465 words
    • Article
      Lock icon SIBOR
      85 26 Jan 22 (US$) (S$) 1 mth 0.***** 0.***** 2 mths 0.***** 0.***** 3 mths 0.***** 0.***** 6 mths 0.***** 0.***** 9 mths 0.***** 0.***** 12 mths 0.***** 0.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 0.***** 3 mths 0.***** 6 mths 0.***** 9 mths 0.***** 12 mths
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    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 26 Jan 22 Against S$ Against US$ Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2718 1.2743 0.9082 0.9087 Canadian dollar 1.3359 1.3385 0.9540 0.9545 Euro 1.9806 1.9838 1.4144 1.4147 NZ dollar 1.0035 1.0056 0.7166 0.7171 Sterling pound 2.2755 2.2792 1.6250 1.6253
      154 words
    • Article
      Lock icon PRECIOUS METALS
      138 26 Jan 22 GOLD (US$/oz) Jan 22 Jan 21 Hong Kong 1095.60 1111.50 Jan 22 Jan 21 London 1091.60 1090.45 1092.40 1091.25 Source: Thomson Reuters CAST BAR Jan 22 (S$) Selling Buying Kilobar "53,130.85" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 118.77 50 5gm 338.12 248 10gm 603.48
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    • Article
      Lock icon LONDON METALS
      69 26 Jan 22 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2200.75 2208.75 3 months 2231.00 2239.00 Copper, Grade A (US$/tonne) Cash 7367.50 7250.75 3 months 7390.00 7275.00 Lead (US$/tonne) Cash 2213.75 2237.25 3 months 2237.00 2260.00 Nickel (US$/tonne) Cash *****.00 *****.00 3 months *****.00 *****.00 Tin (US$/tonne) Cash *****.00
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    • Article
      Lock icon LIFFE
      76 26 Jan 22 COCOA (£/tonne) Close Prev High/Low Mar 10 2340 2327 2344/2305 May 10 2341 2331 2347/2310 Jul 10 2322 2313 2325/2291 Sep 10 2292 2286 2291/2268 COFFEE (US$/tonne) Close Pev High/Low Jan 10 1325 1292 Mar 10 1360 1327 1367/1327 May 10 1393 1360 1400/1360 SUGAR (US tonne)
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  • Page 28 Advertisements
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      Lock icon Page 28 Advertisements Column 1
      29 28 Experienced sh/p maintenance services wanted. Shipping Times? Legal services required by shippers owners TO ADVERTISE, CALL JOE WONG AT Can they find your services here in the Shipping Times?
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  • BizIT
    • Article, Illustration
      Lock icon Juniper to tread expansion path in Singapore, Asia-Pacific
      800 29  -  It hopes to ride on a slew of new open source products and OEM tie-ups By AMIT ROY CHOUDHURY JUNIPER Networks, which designs and sells network infrastructure, hopes to expand its business in 2010 in Singapore and the Asia Pacific region. Adam
      800 words
    • <what’s up>
      • Article, Illustration
        Lock icon First Motorola Android phone lands
        125 29 THE Dext, Motorola’s first An-droid-powered smartphone, is now available through SingTel. It features Motoblur, which continuously keeps the phone in sync with information and updates from user’s Facebook, Twitter, MySpace and Gmail accounts, as well as deliver these updates to a customisable homescreen. The 3G
        125 words
      • Article
        Lock icon Pacnet gets Malaysian network licence
        47 29 SINGAPORE-HEADQUARTERED telecoms service provider and subsea cable operator Pacnet has obtained a Network Service Provider (NSP) licence from the Malaysian Communications and Multimedia Commission (MCMC). The licence allows Pacnet to provide dedicated international connectivity services and broaden its offerings in the country.
        47 words
      • Article, Illustration
        Lock icon Sony Ericsson shoots in high-definition
        88 29 SONY Ericsson has unveiled the Vivaz, an entertain-ment-savvy quadband mobile phone which lets users shoot high-defini-tion video clips and wirelessly upload them to media-sharing websites like YouTube or Picasa. It also features an 8.1-megapixel camera for high-resolution image capture. The Symbian-pow-ered handset comes with a
        88 words
      • Article, Illustration
        Lock icon LG Electronics appoints new S'pore COO
        56 29 LG Electronics has appointed Arthur Huang as the chief operating officer of LG Electronics Singapore, responsible for sales, distribution, marketing, and operations in Singapore. Formerly the corporate marketing director of LG Electronics Asia, Mr Huang reports to Jeff Cheh, managing director and chief executive
        56 words
      • Article
        Lock icon New Samsung notfaooks pack stamina
        118 29  -  Compiled by ONG BOON KIAT WITH up to 12 hours of battery power on tap, as well as onboard video camera and savvy connectivity features, the new Samsung N220 and N210 netbooks should prove ideal for on-the-go marathon video chat sessions with loved ones. To
        118 words
    • Article
      Lock icon It’s time for Singapore Inc to go forth and multiply
      823 29  -  &lt;you say&gt; By RAJU CHELLAM The writer is managing director ofTechTrenders Asia FORCING an analogy between a biblical flood and the recent global recession may be a bit far-fetched, but the conclusions are similar. Once the flood began receding, Noah
      823 words
    • Article, Illustration
      Lock icon Spotlight turns to Apple’s ‘latest creation’
      752 29 AFP [SAN FRANCISCO] The technology rumour mill is busy grinding speculation regarding an Apple event Wednesday at which the culture-changing firm will unveil its “latest creation”. Expectation that the maker of iPhones and iPods is set to wow the world with a tablet computer
      AFP; REUTERS  -  752 words
    • Article
      Lock icon Google co-founders to sell US$5.5b in stock
      359 30 AP [SAN FRANCISCO] Google Inc co-founders Larry Page and Sergey Brin are relinquishing some of their control over the Internet search leader with the sale of 10 million shares worth US$5.5 billion at current prices. Under a plan disclosed Friday, the longtime business
      AP  -  359 words
    • Article
      Lock icon Phishing threat a growing worry
      754 30  -  Survey shows concerns over safety of personal data on social networking, government and banking websites, reports ONG BOON KIAT ONG BOON KIAT NINE out of 10 consumers in Singapore fear the safety of personal information stored on social networking websites, according to a survey by
      754 words
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      Lock icon Page 30 Advertisements Column 1
      120 30 HITACHI. THE ROOTS FOR A GREENER WORLD. mm. i k -r- ir i1 pj ua ma i||UIIIIU|&gt;HIUUH, WATER 1 1 J fclri i fir I fmfMrnmmmmim-Mimtiei E HEALTHCARE *«I ENERGY »*****1 n 11 ill HII1111 HITACHI COMPACT MBR RO SYSTEM Recycles wastewater Multiple uses for treated water Effectively cleans up
      120 words
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      Lock icon Page 30 Advertisements Column 2
      12 30 EXPANSION HOPES Juniper hopes to ride slew of new products Page 29
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