The Business Times, 8 August 2007

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Total Pages: 37
1 37 The Business Times
  • 23 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Wednesday, August 8,2007
    23 words
  • 768 1  -  SIOW LI SEN DBS reveals 'tiny' exposure while UOB says it has cut back on collateralised debt obligations By and R SIVANITHY [SINGAPORE] Local banks tried once again yesterday to reassure investors that their exposure to collateralised debt obligations (CDOs) is small, but
    768 words
  • 689 1  -  YEN SREENIVASAN Photos: Branson reportedly eyeing stake in Fernandes' Air Asia X By [SINGAPORE] Even as he waits for Singapore Airlines to make a decision on whether or not to sell him its 49 per cent stake in Virgin
    Reuters, BT; Sarah Loyola  -  689 words
  • MARKETS DIGEST
    • 48 1 Tuesday CI lange KL COMP 1,290.13 -0.77 NIKKEI 225 16,921.77 +7.31 HANG SENG 21,907.99 -28.74 SET INDEX 814.40 -1.47 JAKARTA COMP 2,***** -15.04 MANILA COMP 3,348.34 +91.35 SEOUL COMP 1,859.82 +4.77 SHENZHEN B 796.00 -0.44 MUMBAI IND 14,932.77 +29.74 12N00NEDT Change DOW 13,455.20 -13.58 NASDAQ 2,545.89 -1.44
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    • 30 1 lloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.75 INDONESIA 15.620 TAIWAN 5.956 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 8.25 CANADA 6.25 SWITZERLAND 4.47 INDIA 12.75 Source: B
      lloomberg  -  30 words
    • 43 1 USS s$ US$ (S$ per US$) 1.515 (USS/SS per 2.028 3.072 EURO(US$/S$/E) 1.380 2.092 YEN 118.70 78.30 RM 3.467 2.288 HK$ 7.829 5.167 BAHT 33.91 22.38 RUPIAH 9,328 6,156 RENMINBI 7.565 4.992 INDIAN RUPEE 40.37 26.64 A$ 1.165 0.769 NZ$ 1.309 0.864
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  • Page 1 Advertisements
    • 235 1 US interest rates Will the Fed cut interest rates or leave them unchanged? 1111 Details of the FOMC meeting at www.businesstimes.com.sg 8 *****1 *****4 We've used the most advanced tests to design a quieter car. Like locking our engineers in the boot. mwmm^mm^^ When it comes to designing our cars,
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  • Page 1 Miscellaneous
    • 46 1 I^Jl GLOBAL BRANDING JAPAN EXEC MONEY MOTORING Al Gore on emotional Opposition wins top Citigroup launches More China brands <^^^r If —j^A post in Parliament microfinance funds set to zoom into Spore g^ PB^ i^U Wk PAGE 16 PAGE 23 PAGE 36 PAGE 25 >^^g> fW
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  • TOP STORIES
    • 708 2  -  NANDE KHIN He says the more developed members can and should take the lead so the rest can follow 3y [SINGAPORE] Asean's slowest members should not set the pace of the group's integration, Prime Minister Lee Hsien Loong said yesterday. The more developed members
      NG SOR LUAN/THE STRAITS TIMES  -  708 words
    • 655 2  -  i JANE MOIR Many SMEs may not be able to meet governance norms By in Hong Kong A PLAN to revamp Hong Kong's ailing Growth Enterprise Market (GEM) into a fund-raising hub for small and medium sized enterprises is drawing a mixed
      655 words
    • THREE-MINUTE DIGEST
      • 74 2 DESPITE the good times, an unlikely group of people are finding the going tough lawyers. More small law firms, which have between one and five lawyers, have been folding up this year than in the past five years. According to
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      • 105 2 UNITED Overseas Bank yesterday reported better-than-expected net profit of $585 million for the second quarter, boosted by strong growth in fee income and trading gains. Eight analysts polled by Bloomberg had forecast net profit of $510 million to $553 million for Singapore's
        105 words
      • 72 2 SEMBCORP Industries presented a rosy report card for its second quarter financial results yesterday, buoyed by a stellar showing in its utilities and offshore marine businesses. The conglomerate said its net profit surged a robust 50.7 per cent to $129.6 million from a year
        72 words
      • 74 2 SECOND-QUARTER and first-half net earnings have more than doubled for Millennium Copthorne Hotels pic. The London-listed hotel arm of City Developments also announced that group chief executive officer Peter Papadimitropoulos has left the company "by mutual consent with immediate effect". He
        74 words
      • 77 2 THE Urban Redevelopment Authority yesterday launched the tender for a 99-year leasehold condo plot next to Kovan MRT Station and the Kovan Melody condo, which is expected to be much sought after by developers. The nearly 190,000 sq ft site can be developed
        77 words
      • 75 2 JAPAN'S economic expansion will likely continue for a while, though there are risks from overseas including higher material costs and fallout of the US housing loan problems, a senior government official said yesterday. "There is no domestic factor that could put a
        75 words
      • 41 2 INDONESIA'S state electricity firm, PT Perusahaan Listrik Negara, has signed power plant deals worth around US$2 billion with China's Dongfang Electric Corp and Shanghai Electric Corp, PLN said yesterday. MALAYSIA/INDONESIA, PAGE 19
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      • 70 2 GROUP Exklusiv, which already has three mainland marques on the road, says it has many more China brands waiting in the wings. Executive director Kevin Kwee won't give names or the exact number of makes, but he does give a
        70 words
    • 699 3  -  WEE LI-EN New rules also hamper sole proprietorships BY Source:' [SINGAPORE] Despite the good times, an unlikely group of people are finding the going tough lawyers. More small law firms which have between one and five lawyers have been folding
      : The Law Society Of Singapore Artwork: Jacqueline Phua  -  699 words
    • 345 3 Reuters Investment bank cites poor valuation by investors [SINGAPORE] Bahrainbased investment firm Arcapita Bank yesterday called off the planned Singapore stockmarket listing of a US$3OO million investment trust, citing poor valuations by investors amid volatile financial markets. The cancellation comes after
      – Reuters  -  345 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 180 3 THE INLINE-G H INTRODUCING THE NEW CHEVROLET """""^H^^^^^^^^^jP 1 '-^s^MMiMfcfifct.i^^^™ 1 B^^^ JfiwjJ 3 FPITA 11 If 231 J I AVAILABLE IN 2.5 L AND 2.0 L Actual specifications may differ from model shown. fl P| With its innovative inline G-cylinder engine, the new Chevrolet Epica offers a superior drive.
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  • COMPANY NEWS
    • 640 4  -  CONRAD TAN Figure was down 48.3% from previous quarter without help of one-time gains 3y UNITED Overseas Bank (UOB) yesterday reported better-than-expected net profit of $585 million for the second quarter, boosted by strong growth in fee income and trading gains. Eight
      ARTHUR LEE  -  640 words
    • 654 4  -  LYNETTE KHOO By SEMBCORP Industries presented a rosy report card for its second quarter financial results yesterday, buoyed by a stellar showing in its utilities and offshore marine businesses. The conglomerate said its net profit surged a robust 50.7 per cent to $129.6
      654 words
    • 315 4  -  RONNIE LIM By FOR the first time, Singapore Petroleum Company (SPC) is entering the Indonesian retail market to sell gasoline, diesel and fuel oil. This will be done through PT Solar Premium Central, an Indonesian marketing joint venture, in which it has acquired
      315 words
    • 746 4  - Give directors their due and take them to task, if needed MICHELLE QUAH HOCK LOCK SIEW By THE issue of when directors' pay should be approved became the subject of a spirited discussion recently, when SingTel became the first local company to suggest approving directors' fees ahead of time. The
      746 words
    • 590 6  -  KALPANA RASHIWALA Hotel group's CEO, who took up post in March, quits; search for successor starts 3y SECOND-QUARTER and first-half net earnings have more than doubled for Millennium Copthorne Hotels pic. The year-on-year jump in profit after tax and minority interests
      590 words
    • 345 6  -  CHOW PENN NEE CEO says firm has already achieved over 94% of the previous year's earnings By FOOD, beverage and health supplement producer Cerebos Pacific reported a 56 per cent rise in third quarter earnings to $19.6 million, from $12.6 million
      345 words
    • 422 6  -  UMA SHANKARI It aims to expand its portfolio size to $I.6bbyend-2009 By PARKWAY Life Real Estate Investment Trust (Parkway Life Reit), which launched its initial share offering yesterday, hopes to double its asset portfolio size in two years' time, the Reit's manager
      422 words
    • 207 6  -  OH BOON PING EZRA Holdings said yesterday that it has clinched a pipe-lay and construction contract as part of an US$BBB million sub-sea installation project in the region. Under the contract, its heavy-lift, accommodation and pipe-lay vessel Lewek Champion will play a key role in
      207 words
    • 553 9  -  TEH HOOI LING By Revenue climbs 29% to $30.6 m; second interim dividend of 0.5 cents declared MIDAS Holdings, a Chi-na-based manufacturer of aluminium alloy extrusion products and the subject of some vicious market rumours recently, yesterday reported yet another solid set of
      553 words
    • 270 9  -  ROLAND LIM By THUMBDRIVE inventor Trek 2000 International yesterday announced a 35 per cent increase in net profit for its second quarter despite lower gross margins. For the quarter ended June 30, Trek reported a net profit of US$l.6 million, compared
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    • 570 9 Half-year results ended June 2007 COMPANY CURRENT PREVIOUS CHANGE CURRENT PREVIOUS CHANGE CURRENT PREVIOUS CHANGE 1 HKLand 1,840.85 1,414.65 30.1 601.92 318.66 88.9 80.20 63.56 26.2 2 UOB 1,103.00 1,571.00 -29.8 2,490.00 2,597.00 -4.1 70.90 3 Semb Corp Ind 258.28 166.75 54.9 3,851.58 3,556.48 8.3 14.54
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    • 354 11  -  UMA SHANKARI Earnings per share rose to 3.14 cents, from 2.05 cents a year ago By NICHE property developer Hiap Hoe yesterday said that net profit for the first half ended June 30, 2007, rose 74.8 per cent to $8 million from
      354 words
    • COMPANY BRIEFS
      • 59 11 TEXTILE producer China Hongcheng yesterday said that its initial public offer 3f 68 million shares consisting of 65 million placement shares and three million public shares at 50 cents each has been about 8.3 times subscribed. The company raised net proceeds of $30.5 million,
        59 words
      • 117 11 HOTEL Properties Limited yesterday said its wholly-owned unit, HPL Properties (North Asia) Pte Ltd, has entered into a sale and purchase agreement with Viewell Investments Ltd to acquire 40 per cent 3f Unity Asian Development Ltd for HK5164.89 million (Ss32 million). HPL
        117 words
    • 149 11 Bloomberg [HONG KONG] Dairy Farm International Holdings Ltd, China's largest convenience store operator, said first-half profit rose 17 per cent as it expanded retail stores in Asia. Net income in the six months ended June 30 climbed to US$lOl million, or 7.5 cents
      Bloomberg  -  149 words
    • 166 11 Bloomberg [HONG KONG] Mandarin Oriental International Ltd, the hotel arm of Jardine Matheson Holdings Ltd, said first-half profit rose 3.3 per cent as its Hong Kong flagship hotel reopened after renovation. Net income for the six months ended June 30 rose to US$5O.3 million,
      – Bloomberg  -  166 words
    • 325 11  -  ARUN JOHN By HELPED by gains from the sale of investment properties, Inter-Roller Engineering registered a 73.3 per cent year-on-year surge in second quarter net profit to $15.1 million. Earnings for the three months ended June 30 included a net $10.6 million gain
      325 words
    • 321 11 Bloomberg [HONG KONG] Hongkong Land Holdings, one of the biggest business district landlords in the world's second most expensive city for offices, said first-half profit surged 30 per cent amid rising commercial rents. Net income rose to US$l.2 billion, or 52.35
      – Bloomberg  -  321 words
  • Page 4 Advertisements
    • 507 4 SINGAPORE REINSURANCE CORPORATION LIMITED (Company Registration No. *****0016 C) SUMMARY ANNOUNCEMENT OF UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2007 GROUP (I) Key Unaudited Financial Figures (SS'OOO) Ist Half Ist Half lncr/(decr) 2007 2006 Profit Loss Items Revenue 40,110 36,961 8.5 Underwriting Profit 1,520 979 55.3 Investment Income
      507 words

  • Page 5 Advertisements
    • 205 5 BMW 7 Series Privileges ''/"l^^ A. V^ Sheer pml.com.sg Driving Pleasure 11 The BMW 7 Series Privileges Programme extends to Australia. Luxury enhanced. Part of the beauty of owning a BMW 7 Series is the luxury of living a truly privileged lifestyle courtesy of the BMW 7 Series Privileges Programme.
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  • Page 6 Advertisements
    • 173 6 I freedom to create sonyericsson.com/freedomtocreate And sntors thsir contacts Card Scanner, f I j E ■BvY^H uses Pusn theArcKure He takes out his ffI^WSBI email to send Aw^hnw I Sony Ericsson Pli V» prospective clients 1 I J His design has just been ■^fl BW sKetcmng. M |i nominated for
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  • Page 7 Advertisements
    • 1103 7 ONLY FOR DISTRIBUTION IN SINGAPORE £+T Parkway Life REIT <^*Si PARKWAY LIFE REAL ESTATE INVESTMENT TRUST I #V Igty (a unit trust constituted on 12 July 2007 under the laws of the Republic of Singapore) I 2f\*\ Offering 288,865,000 Units (Subject to the Over-allotment Option) At* «f Sf" Offering Price:
      1,103 words

  • Page 8 Advertisements
    • 4326 8 CEI CONTRACT MANUFACTURING LIMITED A _J1 Company Registration No: *****5114H M^B __a 11_^ M M _fl I^_j ANNOUNCEMENT —~f HALF-YEAR F.NANC.ALRESULTS2OO7 Vj*Tl POPULAR HOLDINGS LIMITED The unaudited results of the Group and of the Company for the financial half year ended 30 June j. (Incorporated in the Republic of Singapore)
      4,326 words

  • Page 9 Advertisements
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      638 words

  • SINGAPORE MARKETS
    • 943 10  -  LARRY WEE CURRENCIES even as Wall Street continues to call the shots IT WAS a hairy week in financial markets, to say the least, with daily worries about the extent of losses or failures arising from US sub-prime mortgage debt defaults keeping financial market players
      943 words
    • 97 10 Up Down Unch Up Down Unch Up Down Unch lulti Ind 7 9 2 0 0 0 lanufacturing 55 114 53 12 30 12 67 144 65 Commerce 21 43 16 28 52 "pt/Stor/Comms 11 24 11 27 :inance 14 14 10 Construction 15 11 26 'roperties
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    • 120 10 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 40,930 40,930 135,462 135,462 lanufacturing 443,865 258,270 702,135 456,307 53,754 510,061 Commerce 291,842 24,446 316,288 137,515 6,189 143,704 •pt/Stor/Comms 127,785 4,641 132,426 269,466 3,696 273,162 :inance 63,625 80 63,705 719,649 23 719,672 Construction 195,607 58,988 254,595 74,707 24,066 98,773
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    • 225 10 Jlgreen 0.49 1.580 -0.040 \scendasreit 0.96 2.550 -0.030 lapitaComm 0.55 2.610 +0.050 la pita Land 4.84 7.200 +0.050 :apitaMall 0.95 3.480 -0.020 :hart SemiCond 0.62 1.120 jtyDev 2.81 14.200 +0.300 lomfortDelGro 1.45 2.000 +0.020 losco Corp 1.64 4.800 -0.100 Creative Tech 0.18 6.750 +0.150 IBS Grp
      225 words
    • 494 10  -  R SIVANITHY STOCKS Senior Correspondent CLEARLY, it's the penny sector which is hurting the most from the recent market blowout the UOB Sesdaq Index has lost almost 25 per cent in two weeks which by itself is bad enough. However, the devastation wrought on
      494 words
    • Article, Illustration
      234 10  -  UMA SHANKARI Singapore Market Outlook BNP Paribas, Aug 6 THE selldown in the Singapore market over the last two weeks has shaved 6.5 per cent off the Straits Times Index. As volatility continues to plague the market, we adopt a short to mediumterm strategy of picking up defensive
      y. Bloomberg  -  234 words
    • 4 10 DAILY
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    • 3 10
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    • 43 10 CLOSE -2609.00-262.00 BT OB/OS BT CADI -*****.00-184.00 BT 10-day MA -*****.00-261.00 All-SG Equities 909.70 -6.90 SG Equities Elect 115.02 -2.02 SG Equities Fin 2339.74 +13.97 SG Equities Prop 1430.36 -0.42 SiMSCI 405.37 1.54 SiMSCI Future 403.80 +0.90 PrimePartnersCI 244.17 -3.52
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    • 55 10 VOLUME *StarCruises 60,157,000 FHTK Hldqs 59,922,000 LottVis 52,938,000 Diqiland 46,436,000 Yonqnam 44,679,000 Lexicon Grp 39,019,000 Baker Tech 38,351,000 HLG 36,898,000 Jade Tech 35,645,000 Armarda 35,338,000 VALUE(S) UOB 253,792,580 DBS Grp 249,664,395 OCBC Bk 127,822,000 SingTel 88,381,120 Capita Land 71,012,520 SGX 68,012,150 Keppel Corp 57,728,300 Cosco Corp 44,703,400
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    • 108 10 CLOSE UP STI 3400SGAePW*****0 77 47.5 161.0 JMH 2270 45.5 1.3 i ham La Asia 1710 32.9 11.0 JSH 1300 30.3 1.6 At 1420 30.0 2.2 UOB 2000 30.0 1.5 DBS Bk6% NCPS 10 ***** 20.0 0.2 Olam 285 16.0 5.9 ISMSCI India 100 685 15.2 1.5 MOIL 221
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    • 109 10 CLOSE DOWN 3170-110.0 -3.4 Omei |aNav BukitSemW*****3 675 -95.0 -12.3 B Sembawani 1050 -50.0 -4.5 GLD 10US$ 6620 -45.5 -0.5 SPC 565 -35.0 -5.8 Asia Pac Brew 1330 -30.0 -2.2 Jardine C&C 1450 -30.0 -2.0 OCBC Bk4.5%NCPS 100 ***** -30.0 -0.3 SC Global 530 -30.0 -5.4 Venture Con 1400
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  • Page 10 Advertisements
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      189 words

  • Page 11 Advertisements
    • 150 11 If you are facing any of the following: You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions. You or your payroll staff
      150 words
    • 905 11 LMA Better by Design lma international n.v. (Incorporated with limited liability in the Netherlands Antilles on July 28,1998) LMA REPORTS DOUBLE DIGIT SALES GROWTH FOR FIRST SIX MONTHS Summary of Financial Performance Unaudited results tor the second quarter ("Q2") and first six months ("1H") of the financial year ending December
      905 words

  • Page 12 Advertisements
    • 903 12 IKONVERGENZ |llg^f^£flgyjj Official Opening Of Micronas S.E.A. Holding Pte Ltd JkP^BS^^^H Global LCD TV R&D Centre Southeast Asia Sales Office About Micronas About IKONVERGENZ Our Technology By providing fieid- pro ven solutions designed for Our Latest Solutions: nim De-judder Micronas (SWX Swiss Exchange: MASN), a IKONVERGENZ, a division of Europe-listed
      903 words

  • SINGAPORE INTERNATIONAL
    • 1169 13 Now's the time to ride on the growth of countries like China and Vietnam which are looking to develop their ports, reports VINCENT WEE BUILDING and running ports is something that Singapore obviously does well, being the world's busiest container trans-shipment hub. While the household
      1,169 words
    • 542 13 PORTEK is in a unique position as a port company because it possesses all-round competencies in port equipment engineering, port IT and automation, as well as port operations. This means it is both a provider of services and solutions to ports globally, while
      542 words
    • 494 13 BRAINS and connections are Overseas Port Management's (OPM) sharpest tools in the tough world of the ports business. The company was set up in early 2003 by a group of former senior PSA executives led by MMJ Subramaniam, who was senior vice-president of PSA's international
      494 words
  • Page 13 Advertisements
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    • 46 13 |CJ AL The Business Times I SINGAPORE Singapore Singapore International a weekly industry-focused series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting overseas growth of Singapore-based enterprises and international trade. www.iesingapore.com
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  • Page 14 Advertisements
    • 199 14 f' //^Mm where supplychain =*Jr MK^/AI I connects™ YCH is honoured to be awarded the following J Frost Sullivan 2007 awards *m I I till Mw fc^^ 111 I BEST Domestic Logistics Service Provider- Singapore BEST IT/Electronics Logistics Service Provider- Singapore While we have received numerous accolades over the years,
      199 words

  • SINGAPORE NEWS
    • 526 15  - Brands: it's nothing more than feelings VINCENT WEE A brand's value is a measure of how people feel about it: Gore and others By EMOTIONAL connections with brands was the key theme at the second day of the Global Brand Forum yesterday. Brand leaders learnt that no matter what business
      526 words
    • 401 15  -  KALPANA RASHIWALA About 555 units can be built on the 99-year lease site By THE Urban Redevelopment Authority (URA) yesterday launched the tender for a 99-year-leasehold condo plot next to Kovan MRT Station and the Kovan Melody condo, which is expected to be
      401 words
    • 338 15  -  RONNIE LIM David Tan will assist EMA CEO Khoo Chin Hean By THE Energy Market Authority (EMA) which regulates the electricity and gas market here, and is also in charge of the upcoming LNG terminal among other responsibilities is beefing up its ranks. It
      338 words
    • 505 16  -  ARUN JOHN This comes on the back of the sector's best quarterly showing in 5 years By THE Life Insurance Association (LIA) has announced a number of enhancements to the sales advisory process in the industry, in a move aimed at improving the delivery
      FILE PHOTO  -  505 words
    • 423 16  -  NISHA RAMCHANDANI By GLOBAL healthcare company, Abbott Laboratories, has chosen Singapore as one of its locations for the second phase of clinical trials of a drug candidate for treating advanced cancer. This is in recognition of Singapore's solid infrastructure, quality health
      423 words
  • Page 15 Advertisements
    • 1843 15 This is an advertisement and not a prospectus or an offer of securities. Investors should not subscribe for the shares referred to in this advertisement except on the basis of the documentation, including the Offer Memorandum, the Barclays Prospectus and the Barclays (Netherlands) Prospectus, being published on 6 August 2007
      1,843 words

  • Page 16 Advertisements
    • 34 16 SWISS Professional Group with Global Funding Sources Contacts welcomes Projects for Evaluation/ Funding in Emerging Markets/ Asia. Visit our website www.evaluationfunding.com lUStiflfin* 611*6 ifiOODctiavloite inlOSMNietesJUSTINTI >! lil IijJHIRISrj?!D3 MGvivai.i _> Mmm -#bJA t Pituscounesiot RafltoJnaaSßmwes* 811"*"
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    • 164 16 6& DUSIM 7 BU UNIVERSITY As new paradigms emerge in the world of technology, fresh market To find out more about this new opportunities are being created every day. However, the entrepreneurial programme, join us for the programme briefing session: ability to leverage these opportunities is arguably scarce. Programme Briefing
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  • ECONOMY WATCH
    • 582 17 But overseas risks like material costs and US housing woes remain [TOKYO] Japan's economic expansion will likely continue for a while, though there are risks from overseas including higher material costs and fallout of the US housing loan problems, a senior government
      582 words
    • 678 17 Bloomberg Lack of transparency cripples Fed in times of market turmoil [WASHINGTON] The Federal Reserve trails other central banks in openness, hamstringing it in times of market turmoil, and may not catch up even if chairman Ben S Bernanke's campaign to
      Bloomberg  -  678 words
    • 227 17 Bloomberg [TAIPEI] Taiwan's export growth slowed in July after China, the island's largest market, cut export-tax rebates on nearly 3,000 items to curb a record trade surplus and shipments to the United States dropped. Overseas shipments rose 8.2 per cent to
      ■ Bloomberg  -  227 words
    • 240 17 Bloomberg [LONDON] The UK's best-paid economist earns a record £1 million (Ss3 million), a survey by the Society of Business Economists shows. The individual, who wasn't identified, works in asset management, the group said in the August edition of its journal, the Business Economist. The
      Bloomberg  -  240 words
  • Page 17 Advertisements
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  • MALAYSIA/INDONESIA
    • 538 18 Reuters Indonesia seeks to boost generation capacity by 10,000 MW by 2010 [JAKARTA] Indonesia's state electricity firm, PT Perusahaan Listrik Negara (PLN), has signed power plant deals worth worth around US$2 billion with China's Dongfang Electric Corp and Shanghai Electric Corp,
      – Reuters; BLOOMBERG FILE PHOTO  -  538 words
    • 809 18 Bloomberg Construction firm Cahya Mata to study building of smelter in Sarawak [MELBOURNE] Rio Tinto Group, seeking to become the world's largest aluminium producer with the takeover of Alcan Inc, plans to make the metal from a Malaysian
      Bloomberg  -  809 words
    • 283 18 Bloomberg [KUALA LUMPUR] Tenaga Nasional Bhd, Malaysia's biggest power producer, plans to spend RMIS billion (556.5 billion) in the next five years to upgrade its transmission network and reduce supply interruptions. The company will set aside RMB billion of the total for its
      – Bloomberg  -  283 words
    • 360 18 Reuters [JAKARTA] The son of former Indonesian president Suharto did not show up for questioning yesterday over a 175 billion rupiah (5528.8 million) graft case, citing poor health, an official at the attorney-gen-eral's office said. Hutomo "Tommy" Mandala Putra, youngest son of
      Reuters  -  360 words
  • Page 18 Advertisements
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  • GREATER CHINA
    • 324 19 -AP Murdoch won't interfere in editorial content to advance business interests [BEIJING] Rupert Murdoch's takeover of The Wall Street Journal will not affect its coverage of China, the newspaper's editor said yesterday, rejecting concerns he could interfere in editorial decisions to strengthen
      -AP; AFP  -  324 words
    • 466 19 Bloomberg [BEIJING] Agricultural Bank of China, the weakest of the nation's four biggest state-owned banks, said operating profit rose 65 per cent in the first half, as an expanding economy boosted loan demand and fee income. Operating income increased to 42.3 billion
      – Bloomberg  -  466 words
    • 303 19 Bloomberg [NEW YORK] Angela Ho, daughter of billionaire casino operator Stanley Ho, filed to raise US$lOO million through an initial public offering of a blank-cheque company. The Asia Special Situation Acquisition Corp, based in George Town, Grand Cayman, plans to sell 10 million
      Bloomberg  -  303 words
    • 330 19 Bloomberg Move will lift staff pay to 56% above minimum wage [BEIJING] McDonald's Corp, the world's biggest restaurant company, plans to raise wages in China by 12 per cent after government criticism of the chain's labour practices. McDonald's will increase salaries
      – Bloomberg  -  330 words
  • Page 19 Advertisements
    • 516 19 IVy ,Vf ins P'rin3 supportive f I J m tf/CSI* I empowering etc,etc A huff Vj*^ ln today's rapidly changing global economy, the need for effective leaders are more 1^ important than ever before. These upcoming workshops are designed for those in a |r leadership position, from supervisors and project
      516 words
    • 55 19 Your passport to some of the best deals at TANGS will be found ONLY in tomorrow's issue of The Business Times* Expect special deals, gifts and discounts from TANGS, ranging from women's men's fashion, beauty and home items. Exclusively at TANGS Orchard and TANGS Vivo City on National Day THE
      55 words

  • INDIA
    • 447 20 -Bloomberg USs6oom purchase is largest acquisition by an Indian technology company [NEW DELHI] Wipro Ltd, India's third-largest software company, said its US$6OO million acquisition of Infocrossing Inc will boost profit margins as it gets access to larger contracts and sends more work back
      -Bloomberg  -  447 words
    • 279 20 Bloomberg It's raising USs72sm to help fund acquisition of Corus [CHICAGO] Tata Steel Ltd, the world's sixth-largest steelmaker, said it priced a US$725 million convertible securities sale to stockholders at about 876.6 rupees (Ss33) a share to help fund the US$l2
      – Bloomberg; REUTERS  -  279 words
    • 511 20 Reuters [MUMBAI] India's Reliance Communications Ltd is in talks with American Tower Corp to sell a stake of up to 21 per cent in its telecom towers business for at least US$l.B billion, a source familiar with the matter said yesterday. Reliance
      – Reuters  -  511 words
    • 417 20 -AFP It turns to Asia-Pac, Middle East, Africa for future growth [BANGALORE] Top Indian software firm Tata Consultancy Services unveiled a new push on Monday to get work from banks and finance firms outside the US to lessen its reliance on dollar
      -AFP  -  417 words
  • Page 20 Advertisements
    • 22 20 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. II
      22 words
    • 937 20 BANKRUPTCY ACT I^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^T (CHAPTER 20) BANKRUPTCY RULES "A fg-C IN THE HIGH COURT OFTHE REPUBLIC Zi Gf\ IES OF SINGAPORE £l aN?i7 p2? j GATES ELECTRONICS LIMITED of 2007/ M (Incorporated in the Republic of Singapore) In the matter of the Bankruptcy Act Company Registration No.: *****1902W (Cap. 20) And
      937 words

  • MIDDLE EAST
    • 383 21 Bloomberg They will continue to operate as separate entities within the new firm [DUBAI] Dubai's government set up the Borse Dubai holding company for its stakes in the emirate's two stock exchanges, the Dubai Financial Market and the Dubai International Financial Exchange. The two
      Bloomberg  -  383 words
    • 289 21 Bloomberg Companies cooperating to strengthen presence in region, especially Indonesia [SHANGHAI] Citic Resources Holdings Ltd, China's fourth-largest oil producer, has agreed with Kuwait Foreign Petroleum Exploration Co to conduct joint exploration in countries including Indonesia as energy demand increases. The companies signed
      – Bloomberg  -  289 words
    • 7664 21 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 1.076/ Star Europe Bond 1.205/ Star Europe Bal 1.256/ Star Asian Tiger Eqty 1.539/ Star Asia Bond 1.29/ Star Asia Balanced 1.113/ Star Global Technology Fund!** 0.235/ MultiStFd 1.003/ Star Asia Bond(USD) 0.849/ Gib Multi St USD 1.19/ Asia
      7,664 words
  • Page 21 Advertisements
    • 94 21 Allianz Global Investors one of the world's largest asset managers with more Allianz (jjj) than US$l.2 trillion assets under management as at 31 December 2006. Global lnvestors *-> company regn. no *****7169Z t^m EVERYTHING CHANGES sL Bear markets have always been temporary. And so have bull markets. J* JIL ■Jit
      94 words

  • ASIA PACIFIC
    • 345 22 -AP Upper house picks Democratic member as president for the first time [TOKYO] The upper house of Japan's Parliament elected a Democratic Party of Japan lawmaker as its president yesterday, the first time an opposition member has held the post. The upper house
      -AP; AP  -  345 words
    • 411 22  -  OUR CORRESPONDENT By in Bangkok THAILAND'S militaryinstalled government is set to present the much-feared "foreign business act" (FBA) to the nominated Parliament for its third reading today with hopes of passing it and implementing it by October. Reports that the FBA will pass
      411 words
    • 301 22 AP [TOKYO] Toyota is targeting global production of 10.4 million vehicles next year, a major business daily reported yesterday. The Japanese carmaker, which is on pace to beat General Motors (GM) Corp as the world's biggest carmaker, declined to comment on
      AP; FILE PHOTO  -  301 words
    • 398 22 Bloomberg [MANILA] San Miguel Corp, the Philippines' largest food and drink maker, is seeking a US$l.2 billion loan as it expands into mining and other industries, two bankers arranging the financing said. The 117-year-old brewer plans to use the loan to replace existing debt, of
      – Bloomberg  -  398 words
    • 132 22 Reuters [SEOUL] South Korea will let insurance firms expand their asset management operations from late August by setting up private equity funds and firms investing in ships, the finance ministry said yesterday. The country is also loosening regulations so that private equity
      Reuters  -  132 words
    • 2437 22 Aug7 Aug 7 RM A&M Realty 2.97 AbricBhd 0.31 Advance Synergy 0.35 Adventa Bhd 1.65 AeMuIti Hldgs 0.30 Affin Holdings 2.54 Ahmad Zaki Resou 4.66 AicCorp 0.58 AirasiaBhd 1.94 Akn Messaging Te 0.24 Akn Technology 0.89 Aluminium Co 1.27 Amalgamated Ind 0.59 Aminvestment Grp 3.56 Ammb Hldgs Bhd
      2,437 words
  • Page 22 Advertisements
    • 148 22 11 yj? 11 ll^M VII I IV^ I I II EmDarlcolla culinary journey of fi^ I Kebabs marinated in a variety of IBHSBEfiBIRKBSi T TvT T~^ T A WT \f IBffflWWWWffßfWflilß II "a™™* timeless tradition, inspired Raß I spices grilled to perfection in the [■■MMIIMMMMmMHH -1- IN *-J 1 1>
      148 words

  • WORLD
    • 259 23 Bloomberg [NEW YORK] American International Group's sub-prime securities may cost the world's biggest insurer as much as U553.25 billion in an "improbable" worst-case scenario, an analyst at ÜBS AG said on Monday. Andrew Kligerman of ÜBS said his estimate assumes AIG has
      – Bloomberg  -  259 words
    • 43 23 [LOCARNO, Switzerland] Japanese film director Masahiro Kobayashi, left, and actress Makiko Watanabe, pose during a photo call, prior to the presentation of their movie Ai No Yokan (The Rebirth), at the 60th Locarno International Film Festival here yesterday.
      43 words
    • 441 23 Bloomberg Bank's net income rises 26% to USsl.37b from USsl.o9b previously [LONDON] Standard Chartered pic (Stanchart), the UK bank that makes most of its profit in Asia, said first-half profit rose 26 per cent on gains in India, China and the Middle East.
      – Bloomberg  -  441 words
    • 400 23 Bloomberg [WASHINGTON] Bear Steams Cos' decision to liquidate two bankrupt hedge funds in the Cayman Islands instead of New York may limit creditors' and investors' ability to get their money back. While most of their assets are in New York, the funds
      ■ Bloomberg  -  400 words
  • Page 23 Advertisements
    • 171 23 Asia's EL4hr FX platform. You're just one click away! FX trading offers you the opportunity to One Click dealing trade on the outcome of Foreign Exchange pairs without ever having to take physical 46 Currency pairs delivery of the underlying instrument. Our 2 pips On EUR/USD online trading platform assists
      171 words

  • MOTORING
    • 660 24  -  SAMUEL EE Group Exklusiv says it has many more Chinese brands waiting in the wings 3y GROUP Exklusiv, which already has three mainland marques on the road, says it has many more China brands waiting in the wings. Executive director Kevin Kwee
      660 words
    • 528 24  -  SAMUEL EE They expect to sell more than 800 cars here, says Fiat exec By FIAT believes it is in a good position to take advantage of the changing tastes of Singaporeans when it comes to cars that have something other than a classic sedan
      528 words
  • Page 24 Advertisements
    • 48 24 TRADE INDUSTRY MINISTI lANKI winr united ovense*. bank a I 111 I^^V 111 W 111 H lIbHIIIf IH^}l >^r > W^^^^^ j PANEL OF BANKERS: I^^^K ABNAMRO BANK OF CHINA Singapore 49 ULSij HSBC Chartered INTERNATIONAL IMMIGRATION CHECKPOINTS DBS BANK HSBC BANK STANBARD CHARTEREB ENTERPRISE AOTHORITY m^ ■i|||iMjlMjM BUB
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    • 51 24 www.cathaYpacific.com > jjt /v co Polo fc_ vrhay Pacific -:W ■>■ Wk s;i-" X,.". |.:4.;;..- ~.1::;' Bj^^kt Vj frominciziifori:ri'':j,oek£ ,y M f' i:ufiution: noun 7; hjyh ur sprawl ragani W !**^fe#i'. £J£;- il pjlny purljculu/ uit-in'dun 3: wurth hir wu/b than invnsy '..y Jf ■..-^-.^--iV'^-'A' V-.- p jm Cathay Pacific
      51 words

  • AVIATION
    • 541 25 -AP Analysts say fliers can expect more flights to be late in the next few months [WASHINGTON] US flight delays are at their highest level in at least 13 years, and analysts say fliers can expect more of the same
      -AP; AP  -  541 words
    • 359 25 Bloomberg Carriers' spending on fuel in 2007 may amount to USsl2ob [PARIS] Air France, the French unit of Air France-KLM Group, raised its fuel surcharge for intercontinental flights by five euros, bringing the cumulative cost to 63 euros, after the price of oil topped
      – Bloomberg  -  359 words
    • 168 25 Bloomberg [NEW YORK] Lehman Brothers Inc, Societe Generale and five other creditors of Comair Inc asked a bankruptcy judge to allow them to probe parent company Delta Air Lines Inc over its failure to disclose claims they say reduced their recovery. The creditors
      Bloomberg  -  168 words
    • 159 25 Bloomberg [HONG KONG] Cathay Pacific Airways Ltd, Hong Kong's largest airline, agreed to buy five Boeing Co 777-300ER aircraft, valued at US$l.4 billion, for use on long-haul routes to the United States and Europe. The company will take delivery of the
      Bloomberg  -  159 words
    • 373 25 Reuters [LONDON] A report on Spanish-owned airport operator BAA and its dominance of London airports is due this week, but no quick call to break the company up is in the works, Britain's Competition Commission said on Monday. "This is just the
      – Reuters  -  373 words
    • 2366 25 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,366 words
  • Page 25 Miscellaneous
    • 231 25 CRYPTIC CROSSWORD 26 Player's answer to put in credit (5) 7 The compiler went up to 25 Three points about river bird 27 Leave after disagreement university with recent copy (4) about missing ends (8) (7) 28 Einstein tag ill suits them 8 Resist changes in coinage vkicdiuvc cm iiticm
      231 words

  • SHIPPING
    • 500 26 WSC: new container law can't work; supply chain will be brought to its knees By DONALD URQUHART [SINGAPORE] A new US law passed last week requiring 100 per cent of US-des-tined containers to be scanned in foreign ports by 2012 is not only unworkable but
      WORLD SHIPPING COUNCIL  -  500 words
    • 349 26 Bloomberg [SEOUL] South Korea, the world's biggest shipbuilding country, received record orders for vessels in the second quarter, helped by increased demand for ships to carry containers, iron ore and coal. New contracts swelled to U5520.86 billion from US$9.9 billion a
      – Bloomberg  -  349 words
    • 941 26  -  DAVID HUGHES STRAIT TALK IN THE mythology of the UK's Warsash Maritime Academy, there is an incident that happened well before my time there but was frequently recounted by instructors trying to make a point. In the early days of radar, the School of
      941 words
    • 541 26 Bloomberg Net income rises to USsl63m from USs36.4m [HONG KONG] Pacific Basin Shipping Ltd, a Hong Kong-based operator of dry-bulk cargo ships, said first half net income more than quadrupled as it charged more to move cargo. Net income rose to US$l63
      Bloomberg  -  541 words
    • 241 26 Bloomberg [SHANGHAI] Baosteel Group Corp, China's biggest steelmaker, doubled its orders to four 300,000-ton ships from China Ocean Shipping Group Co (Cosco) to carry iron ore from Brazil as demand for the commodity rises and freight costs soar. Baosteel and Cosco signed an accord
      Bloomberg  -  241 words
    • TRANSPORT STOCKS
      • 101 26 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Labroy Marine MTQCorp NOL Pacific Shipping Pan-United Corp Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.82 0.37 4.80 0.88 5.55 0.92 0.10 1.08 1.84
        101 words
      • 36 26 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.57 9.80 9.75 3.90 3.00 0.27 2.20 -0.05 0.05 unch unch 0.06 0.01 -0.02 16! 9: 64! 1611 8! 25) 1)
        36 words
      • 12 26 ■oo 'recious Ship Regional Cont 32.50 33.50 -1.00 1.00 22V 1521
        12 words
      • 11 26 '000 Doil iingamas Cont 87.00 5.11 -3.30 0.02 191: 132!
        11 words
      • 22 26 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 29.50 1.90 2.40 0.20 unch 0.10 0.40 9881 4727 500 138
        22 words
      • 15 26 Evergreen Marine ...23.00 :irst Steamship 73.80 /Van Hai Lines 24.05 -0.25 2.30 -0.05 1
        15 words
      • 36 26 '000 (awasakiHvylnd...521.00 -10.00 ***** (awasaki Kisen ...1668.00 -13.00 7599 Mitsubishi Hvy 808.00 -6.00 ***** Mitsui Eng&Sbldg .718.00 -9.00 ***** MitsuiOsk Lines ..1876.00 14.00 ***** Mippon Express 644.00 4.00 3302 MipponYusen 1218.00 -2.00 5819 source: Reuters
        36 words
  • Page 26 Advertisements
    • 91 26 TUVALU SHIP REGISTRY QUALITY SERVICE 1 Low taxes 5. Worldwide network of surveyors 2. Agreements with lACS members 6. No restriction on nationality of ownership s-rMisr* of 7- T-aiu 'v. party. to STCWI9B7 c h onr^ tion as amended, and is a country in the IMO 3. Accedes to latest
      91 words

  • EDITORIAL & OPINION
    • 485 27 A BOUT of made-in-America financial turmoil is rattling markets worldwide. One reason why the gyrations are so wild is that the credit problems that started in the US sub-prime mortgage segment have neither peaked nor revealed their full depth. The bad news is coming out
      485 words
    • 1141 27  -  ARIANA EUNJUNG ■LAT-WP Beijing has promised to reform its farming, processing and monitoring system By CHINA'S vast network of food research centres and laboratories churns out mountains of papers on the latest farming techniques and technology. Their work on chemical use, pollution risks and genetically engineered
      ■LAT-WP; AFP  -  1,141 words
    • 779 27  -  FRANK CHING THE BOTTOM LINE CHINA'S preliminary agreement with the United States on measures to deal with food and drug safety worked out last week in an encouraging development that may well avert a confrontation that could poison the relationship,
      779 words
    • 901 28  -  ■LAT-WP Rich with foreign capital, they dive into financial infernos with less risk and may help stabilise the market crisis By SEBASTIAN MALLABY A DECADE ago, financial globalisation seemed terrifying. Crises swept from East Asia to Russia and Brazil; the implosion of a globe-span-ning hedge
      ■LAT-WP; REUTERS  -  901 words
    • 843 28 In the US, commitments to the older population are overwhelming other public goals JUST in case you haven't noticed, the major presidential candidates Republicans and Democrats are dodging one of ;he thorniest problems they would face if elected: The huge sudget costs of ageing
      AFP  -  843 words
    • 528 28 LETTER TO THE EDITOR WE refer to the article, "URA's new office data draws mixed reaction" (BT, July 28), which compared the new office property data made available by URA on July 27, 2007 and those reported by some property consultants. Your report
      528 words


  • SINGAPORE STOCKS
    • 8346 29 Transaction date: Aug 7 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E MCap $mil Hii 52-wks Tel |h Low Code Last Sale Vol Day < Last Quote ('000) High Low Buyer Seller Div GrYld Net
      8,346 words
    • 72 29 Hii |h Low Code Comi >an' Sale COOP) Hii Low Bui rer Seller C'vr P/E $mi ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDP.S 3730 2480 6235 STI ETF 100 3761.6
      72 words
    • 2186 29 52-Wk Tel High Low Code Last Sale Vol Cooo] Day |h Low Last Quote Buyer Seller Div GrYld Net MCa| C'vr P/E $mi Comi >an' Hii 30 13 1181 AAGrp 41.5 18 5000 ABRHIdgs 61 12.7 2319 Adampak 64.5 23 8515 Advanced Hldgs 16.5 1 1501 Advanced System
      2,186 words
    • 201 29 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
      201 words
  • Page 29 Advertisements
    • 76 29 W^m >^^T*n IHi vi\u iTsrgs^M^^^T^Mrfl^^ ir i rl 1 Australia I 10t l/ns^y C\ iV Canada 10c i nrk OX.// B France 10* Make an affordable call BSBwRBE Hon" Kong l 'tl HS~ ryv lJ^ ilfcj MSES^SEm^SBE^SSSSSBSSSSSmM m Malaysia fe^ ioe m W^ cwal^^^T^^^^^^^^^^^A i\\y V^| JM JiiPiiPPWWililTWßiiffiiTiiPM New Zealand
      76 words

  • FINANCE & COMMODITIES
    • 374 30 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Alll 06 World Index Preliminan 1118.4 -0.2 1.6 -0.3 2.6 -0.1 3.8 EAFE Preliminan 1122.4 -0.8 1.3 -0.8 3.8 -0.6 5.1 Euroi Preliminary 1514.9 -0.8 1.4 -0.8 4.4 -0.7 5.6 Pacific 1004.5
      374 words
    • 65 30 AugO7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Aug 07 2570 Sep 07 2508 Oct 07 2500 Nov 07 2458 Total o/p: ***** contracts 2535 2570 2500 470 911 2508 2546 2450 4310 ***** 2478 2517 2414
      65 words
    • 168 30 AugO7 GOLD (USS/oz) Aui 06 Au( 07 GOLD BULLION COINS (S$) Sellim Bu' rim Hong Kong 671.60 668.00 672.60 668.50 Aug 03 Aug 06 London 669.70 671.40 670.50 672.00 Source: Reuters i~oz 1137.41 1015 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $399.11 327 SILVER Selling Buying $399.11
      168 words
    • 25 30 Aug 07 len Hii Sett STI SIMSCI Aui 403.7 410.9 403.8 Taiwan Aug 347.9 348.6 338.9 Source: Man Financial (S) Pte Ltd
      25 words
    • 22 30 Aug 07 s: Bid Offer 1-month 1.5111 1.5122 2-months 1.5076 1.5088 3-months 1.5039 1.5051 6-months 1.4950 1.4963 Source: OCBC
      22 words
    • 281 30 Aug 07 (UBBtK Futures (Closing prices) !SS 1 (S cents/kg) lonth High Low Close Sett Volume (tonnes) Open Interest iep 07 3ct 07 Mov 07 Dec 07 Ian/Mar 08 <\pr/JunO8 330.75 330.25 330.25 330.25 331.00 334.75 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open Interest
      281 words
    • 100 30 AugO6 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Aug07 826.00 839.00 829.00 817.50 Sep 07 834.25 844.75 836.50 824.00 Nov07 850.00 861.00 852.75 840.50 Jan 08 863.75 874.25 865.50 854.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low AugO7 36.54 37.35 36.72 36.47 Sep 07 36.74
      100 words
    • 78 30 CRUDE OIL PRODUCTS Aug 06 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 72.46 -2.68 WTI (Near Mth) 71.90 -3.50 Dubai (1-Mth F) 68.65 -1.04 Tapis blend 78.85 -1.75 Minas 76.15 -1.75 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 72.45 85.55 -0.10 -1.15 US$/barrel Opec Oil
      78 words
    • 466 30 AugO7 AS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound us: lustralia 0.905 6.495 0.622 6.721 34.660 80.081 1.019 7.924 2.976 1.124 51.865 38.991 1.301 6.051 1.022 28.247 29.109 0.423 0.859 Canada 1.105 7.174 0.687 7.424
      466 words
    • 129 30 As at 9am Aug 07 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2900 1.3060 Can dollar 1.4300 1.4470 Euro 2.0790 2.1020 NZ dollar 1.1470 1.1730 Sterlini 3.0590 3.0931 US dollar 1.5050 1.5220 Local dollars to 100 units of foreign currency:
      129 words
    • 162 30 Aug 07 fer Overnight 2 1/4 1-month 2 1/2 2-months 2 9/16 3-months 2 5/8 Overnight mode: 2 1/4 US$ Offer 2 1/8 2 3/8 2 7/16 2 1/2 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 5.29 5.32 5.33
      162 words
    • 68 30 Aug 07 mth 5.***** 2.***** mths 5.***** 2.***** mths 5.***** 2.***** mths 5.***** 2.***** mths 5.***** 2.***** 2 mths 5.***** 2.***** iWAP Offer rates (S$) mth 2.***** mths 2.***** mths 2.***** O IIILIIb £../H£.O3 9 mths 2.***** 12 mths 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.*****
      68 words
    • 75 30 Aug 06 a i..».:_:..». nn in/ lumimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 2590.20 2583.80 3 months 2652.00 2645.00 Copper, Grade A (US$/tonne) Cash 3 months 7821.00 7690.00 7804.00 7670.00 Lead (US$/tonne) Cash 3151.00 3 months 3094.00 3366.00 3320.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00
      75 words
    • 78 30 AugO6 (£/tonne) Close Prev Hii ih/Low SepO7 968 976 972/963 Dec 07 996 1003 1000/991 Mar 08 1012 1017 1015/1006 May 08 1021 1026 1024/1016 COFFEE (US$/tonne) Close Pev High/Low SepO7 1823 1835 1832/1801 Nov07 1841 1852 1849/1820 Jan 08 1825 1835 1833/1807 Mar 08 1819 1820 1825/1791 SUGAR
      78 words
    • 158 30 Aug 07 Against SS Currencies Bid Offer Against USS Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.3003 1.3016 0.8584 0.8587 Canadian dollar 1.4364 1.4376 0.9482 0.9484 Euro 2.0910 2.0926 1.3804 1.3805 NZ dollar 1.1569 1.1581 0.7637 0.7640 Sterlini ind 3.0713 3.0736 2.0275 2.0277
      158 words
    • 89 30 Aug 07 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****Z 09.11.07 1-Year BY*****V 30.04.08 2.42 2.42 2.38 2.38 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****0A 2.625 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
      89 words
    • 348 30 Aug 07 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO7 DecO7 MarO8 JunO8 94.760 94.990 95.150 95.205 0 0 0 0 8364 ***** ***** ***** EUROYEN FUTURES SepO7 99.160 99.160 DecO7 99.100 99.100 MarO8 99.010 99.010 JunO8 98.910 98.920B SepO8 98.840 98.840 DecO8 98.750 98.750 MarO9
      348 words
    • 2637 30 BONDS WARRANTS Fel Zode Company Pel Code Company Last Sale Vol Conv Exer +or- ('OOP) Ratio Price Prem Expiry Disc Gear- Mths ing Left 2285 DBS MER ECW*****8 1.5 2423 DBSRB ECW*****0 4 1458 DBS SGA ECW*****0 10.5 0.5 1780 0.5 800 1.5 150 0.1 2650 0.1 2488 0.2 2156
      2,637 words
  • Page 30 Advertisements
    • 85 30 I E^^^^^^^^^_ _J *tj POEMS Pro Trader Key Features: 9M I Monitor your real time Intraday Profit Loss KLjfl«*WS**^_ tfWKJI BC^PJI Sfl I Wl ..I-"- V%&f&J Ability to place advanced order types like MjltWiiWftfetrß St?ZZJILZT ].W I apgOT iZ\r*£. Stop Limit and Contingent Orders KVrQ fi^P -^X I L*^_^^^J ?V7l^
      85 words

  • Page 31 Advertisements
    • 2437 31 The Business Times MGTIME UK CONTINENT SERVICE U.S.A SERVICE TO*ffi7Wf!t^ffffl|| Destination Destination DURUMATA RTM/ATW/UK PACIFIC PIONEER CAM/NFK/SAV/NOL IiNTERASIA RORO SERVICE VESSEL/VOY RAMPQCT) HEIGHT(M) PKG KCH LCB SIN JKT Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia STRAITS SUCCESS 23 10 3 2 07/08 MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE straits success
      2,437 words

  • Page 32 Advertisements
    • 3951 32 WAN HAI INTERNATIONAL PTE LTD crn0 **********0/r| Itt Tji A CX'TTUIVT C* A U lIMITO XT* /<®fc C^k d& S~*C~' %r"Td\ iii.ii ■■>■■« TEL: *****588 (14 LINES) FAX:*****163 I l\ «T H/iVIJ IH/ JVIX l^i\JV jLJi>rLIY, LIU I SISiS >I(.*J r> k^S//n/>. \\\M\lA|AM UAI IMFn Customer Service/Bookings Dircrt Line-(1800) *****200
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  • Page 33 Advertisements
    • 3688 33 ■SI H 19 H SI H I RS Nordana (Asia) Pte Ltd I[» GLO«Y NAVIGATION GROUpI B.^j|riM E3 BgL LJ |gj gjggg| 70 Shenton Way, #21 -03 Marina House Singapore *****8 %kW% F^-^s] NORTH WEST EXPRESS LINE owns operates the youngest fleet [■■■■■■pP|ppHpHp^pßiiH||pHH|pi^ MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS
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