The Business Times, 11 September 2007

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Total Pages: 31
1 31 The Business Times
  • 23 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg •m A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Tuesday, September 11,2007
    23 words
  • 792 1  -  KALPANA RASHIWALA CityDev consortium clinches deal while a bigger bid fails to make the cut [SINGAPORE] As a new symbol of environmental-ly-friendly architecture was unveiled yesterday, green became the topic of discussion in more ways than one. The award of the former NCO
    CityDev  -  792 words
  • MARKETS DIGEST
    • 47 1 londay 1,290.70 lange -14.20 KLCOMP NIKKEI 225 15,764.97 -357.19 HANG SENG 23,999.70 +17.09 SET INDEX 796.85 -4.61 JAKARTA COM P 2,209.64 -30.26 MANILA COMP 3,281.08 -51.89 SEOUL COMP 1,835.87 -49.03 SHENZHEN B 746.21 +13.03 MUMBAI IND 15,596.83 +6.41 12N00NEDT Change 13,062.74 -50.64 DOW NASDAQ 2,550.44 -15.26
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    • 29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.75 INDONESIA 15.667 TAIWAN 5.956 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 8.25 CANADA 6.25 SWITZERLAND 4.26 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • 41 1 US$ (S$ per US$) 1.523 (USS/SS ier 2.029 3.091 EURO(US$/S$/E) 1.379 2.101 YEN 113.40 74.40 RM 3.514 2.307 HK$ 7.781 5.108 BAHT 34.22 22.47 RUPIAH 9,410 6,178 RENMINBI 7.523 4.939 INDIAN RUPEE 40.63 26.67 A$ 1.216 0.799 NZ$ 1.446 0.950
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  • 445 1  -  CHOW PENN NEE Bulk of inflows in past 2 weeks goes to North Asian funds [SINGAPORE] Funds flowing into the Asian region in the past two weeks have surpassed redemptions in late July and August period, when equity markets suffered sharp losses
    445 words
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  • Page 1 Miscellaneous
    • 51 1 HORIZON TOWERS SUB-PRIME WARNING SME SPOTLIGHT f*^J| AVIATION New sales *L Whole of US economy may China Wheel races 46% passenger growth committee found? ;;j|| be hit: central bankers up industry league m Z m m^ mm^ at Tiger Airways PAGE 4 *nJ&Jr£t PAGE 2 PAGE 12 LS I PAGE
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 72 2 JAPAN'S economy shrank by a bigger than expected 0.5 per cent during the second quarter of this year, according to revised official data published yesterday. The news sent Tokyo stock prices plunging and reinforced concerns that the long-lasting recovery in the economy
        72 words
      • 67 2 KEPPEL Land and Saudi Arabian wealth management company Saudi Economic and Development Co (Sedco) will invest $760 million to jointly develop about 1,000 luxury apartments in Jeddah, Saudi Arabia. KepLand will hold a 51 per cent stake in the project, with an
        67 words
      • 61 2 DARCO Water Technologies will do a feasibility study and design a master plan for water recycling and treatment in Qatar's rural areas. By next year, a joint venture could be formed to implement the master plan and start building the
        61 words
      • 71 2 PINETREE Condominium in Balmoral Park has been put up for sale by tender with an indicative price of $140 million to $150 million. The freehold residential redevelopment site in district 10, which is about 12 years old, was put up for
        71 words
      • 40 2 INDONESIA'S two bourses, the Jakarta Stock Exchange and Surabaya Stock Exchange, are planning to merge in a bid to create a bigger and more competitive bourse, officials said yesterday. MALAYSIA/INDONESIA, PAGE 15
        40 words
      • 79 2 THE decision by the Hong Kong government to amass a near 6 per cent stake in the city's stock exchange has drawn fire from corporate governance activists. Investors however, greeted the news by sending the exchange's shares surging by HK$32.10, or
        79 words
      • 71 2 THE property boom here prompted Hong Kong-based Hillcrest Capital to buy the 34-unit Anderson Green for $112 million in February. But instead of tearing it down to build a new condo, it will gut it, then reuse the existing structure. Hillcrest managing director Lyon
        71 words
    • 430 2 Bloomberg Central banks say they will remain alert but won't bail out bad investors [BASEL] The crisis in the US housing market risks spreading to the whole of the nation's economy, European Central Bank chief Jean-Claude Trichet said yesterday on behalf of
      Bloomberg  -  430 words
    • 507 2 By GENEVIEVE CUA [SINGAPORE] The repricing of risk sparked by the crisis in sub-prime debt in the US is not over, but there is no reason to downgrade Asia's economic prospects in the medium term, said Tharman Shanmugaratnam, Second Minister for Finance.
      507 words
    • 375 4  -  ANTHONY ROWLEY Revised data stokes fears of growth recession; Nikkei takes a hit with 2.2% fall By in Tokyo JAPAN'S economy shrank by a bigger than expected 0.5 per cent in the second quarter of this year, according to revised official data published yesterday.
      375 words
    • 449 4  -  WEE LI-EN By [SINGAPORE] Some majority sellers of Horizon Towers who have been trying to find volunteers to form a new sales committee are understood to have found five just enough to meet the quorum needed. With a handful of willing candidates, they are
      449 words
    • 503 4  -  S JAYASANKARAN XL's forecasts in doubt due to data discrepancy By in Kuala Lumpur THE Malaysian Budget tabled in parliament on Friday by Prime Minister Abdullah Badawi has thrown up a poser. Different sets of figures were used for development spending, putting
      503 words
    • 433 4 Reuters [BEIJING] China's long-awaited state investment agency is likely to be launched this week, the official China Securities Journal reported yesterday. The newspaper, citing unidentified sources, listed a group of managers for the investment agency, but it did not name an overall
      – Reuters  -  433 words
    • 436 4 Reuters Ex-Mitsui employee now writing book about his role in US$Bl m loss as probe continues [SINGAPORE] Noriyuki Yamazaki is following the literary footsteps of former rogue trader Nick Leeson by writing a book giving his side of the US$Bl million
      – Reuters  -  436 words
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    • 518 2 Payment^ns 11 GST Compliance Assurance Program r;:;lr::;;;:L Other Recent GST Developments of your registration. Do register early as places are limited and Date: 19 September 2007 Time: 2:oopm to s:3opm available on a first-come-first- Venue: Raffles cit V Convention Centre Canning Room served basis. We regret we cannot give refunds
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  • Page 4 Advertisements
    • 109 4 Seeking Expression of Interest p| ot R atio 4 JS /fc -Land Area: 16,334 sqft I A Walking distance to NUS 1| Circle line MRT station nearby %hamr panja^~ rc J~x/$/^ Close proximity to West Coast Park H B For more information, please call P Location of"* Aileen Lee 9170
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  • COMPANY NEWS
    • 598 5  -  UMA SHANKARI MORE than a month after Keppel Land's sale of its one-third stake in One Raffles Quay (ORQ) to its listed trust K-Reit Asia, questions are still being raised about the site's pricing. KepLand sold its share in ORQ for $941.5 million, which works
      598 words
    • 440 5  -  CONRAD TAN By THE next bull market in equities is just around the corner despite the current turmoil in financial markets, a top US investment manager said here yesterday. According to Ken Fisher, founder and chief executive officer of private money management firm Fisher Investments,
      440 words
    • 321 5  -  UMA SHANKARI It will hold 51% stake in the project with an investment cost of $387.6 m By KEPPEL Land and Saudi Arabian wealth management company Saudi Economic and Development Co (Sedco) will invest $760 million to jointly develop about 1,000
      321 words
    • 145 5 Reuters [MELBOURNE! Australian mobile phone company Optus said yesterday it has finalised a A$958 million [S$1.2 billion) funding agreement with the Australian government to build broadband networks in rural areas. Rival Telstra Corp Ltd, Australia's largest phone company, has started a legal challenge to the
      – Reuters  -  145 words
    • 512 6  -  MATTHEW PHAN Joint venture could be set up by next year to carry out infrastructure projects By DARCO Water Technologies will do a feasibility study and design a master plan for water recycling and treatment in Qatar's rural areas which house about one-fifth
      512 words
    • 459 6  -  LYNETTE KHOO By MARINE group Ezra Holdings is selling a 40 per cent stake in EOC Ltd for up to 1.068 billion Norwegian kroner ($282 million), a move that will make its production and construction unit the first Singapore
      FILE PHOTO  -  459 words
    • 318 6 Reuters [SINGAPORE] Thailand's Mermaid Maritime Public Co said yesterday it plans to list on the Singapore Exchange (SGX) to raise funds to boost its oil rigs business, joining a slew of offshore oil firms raising funds in the city-state. The firm
      Reuters  -  318 words
    • 240 6 BULL Run 2007, the charity fun run organised by the Singapore Exchange (SGX) has raised $2 million so far, with listed marine fuel supplier Chemoil the latest "Diamond Bull" sponsor to contribute $100,000. Now in its fourth year, all proceeds raised from the run
      240 words
    • 263 6 Bloomberg NEPTUNE Orient Lines Ltd (NOL), the operator of Singapore's largest shipping line, led stocks of container-ship-ping lines lower on apprehensions a US economic slowdown may damp demand for sea-cargo. NOL fell 7.4 per cent to 555.65, the largest drop in more than three
      – Bloomberg  -  263 words
    • 437 6  -  AMIT ROY CHOUDHURY By AN INDONESIAN group is poised to take over Ses-daq-listed building contractor and buildings materials supplier Shining Corporation and turn it into a property developer in Singapore, with a focus on high-end residential projects. Shining Corporation said yesterday it
      437 words
    • 334 7  -  OH BOON PING Purchase of Nantong Dongjiang Shipyard for 36m yuan will boost its capacity By JAVA Holdings, which sells and charters offshore support vessels, is acquiring a China shipyard for 36 million yuan (557.2 million) cash. Jaya said in a statement that it had
      334 words
    • 227 7  -  MICHELLE QUAH By INTER-ROLLER Engineering has won a $58 million contract to design, supply and install a baggage-handling system at the New Doha International Airport in Qatar. This contract comes just a week after the company won its first baggage-han-dling order in North America to
      227 words
    • 350 7  -  UMA SHANKARI The project will be part of Marina Bay's newest lifestyle hub By KSH Holdings, a construction and property development group, yesterday said it has won a contract to build a luxury boutique hotel at Clifford Pier. The contract, which BT understands
      350 words
    • COMPANY BRIEFS
      • 94 7 BH Global Marine, a supply chain management company, has entered into an option agreement to purchase a property at 10 Penjuru Lane for $2.5 million. The land, which has area of about 11,700 square metres, is adjacent to BH Global's headquarters at
        94 words
      • 62 7 CSE Global Ltd's 100 per cent-owned US subsidiary, W-Industries, (WI) has entered into an asset purchase agreement with Bosco Fabrication LLC. It is for WI to acquire Bosco's business and assets for about U552.34 million. US-based Bosco manufactures custom panel enclosures and custom-built
        62 words
      • 63 7 HUPSteel has announced a net bonus cash dividend for the financial year ended June 30, 2007, of 2.50 cents per share. It also announced a proposed renounceable non-underwritten rights issue of 125.474 million new shares at an issue price of 10 cents for each
        63 words
      • 71 7 Cambridge Industrial Trust Management (CITM), the manager of Cambridge Industrial Trust (CIT), has called for an extraordinary general meeting (EGM) to approve the issue of new units in a private placement to raise up to $193.9 million. Proceeds will be used, among
        71 words
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  • Page 7 Advertisements
    • 245 7 A hole in one event for your business. ii Mjßul'i IF International Wire, Cable, Tube and Pipe Trade Fairs for Southeast Asia \Wmwm^msmiimim«ammMmmmm3mii 2 L~ Join us at the region's largest and most dedicated platform for W I X^ U U w wires, cables, springmaking, fasteners, tubes and pipes. .^l^El
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  • SINGAPORE MARKETS
    • 603 8  -  R SIVANITHY STOCKS ndex hit anew by sub-prime concerns, tracks Tokyo and HK markets as well as US futures Senior Correspondent SELECTED penny stocks appear to be the market's new "defensives" these days, with some in the segment yesterday managing to hold reasonably
      Bloomberg  -  603 words
    • 101 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 2 13 1 0 0 0 2 13 1 Manufacturing 31 128 44 10 15 16 41 143 60 Commerce 51 15 10 60 19 Tpt/Stor/Comms 10 23 10 26 Finance 14 10
      101 words
    • 119 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 24.881 24.881 107.109 107.109 lanufacturing 284.184 287.058 571.242 232.893 87.199 320.091 Commerce 513.886 24.763 538.649 127.282 14.955 142.237 'pt/Stor/Comms 190,626 2.248 192.874 323.475 1.669 325.143 :inance 38.728 3 38.731 430.600 430.600 Construction 166.078 29.986 196.064 56.962 6.678 63.640 'roperties
      119 words
    • 230 8 tod name lose lange Jlgreen 0.51 1.700 \scendasreit 0.91 2.510 +0.010 lapitaComm 0.53 2.600 -0.030 la pita Land 4.87 7.500 -0.050 :apitaMall 0.91 3.440 -0.100 :hart SemiCond 0.57 1.060 +0.010 jtyDev 2.87 15.000 lomfortDelGro 1.35 1.930 -0.010 losco Corp 1.73 5.250 -0.150 Creative Tech 0.15 6.000
      230 words
    • Article, Illustration
      974 8  -  MATTHEW PHAN Federal International Septloclose:Sso.Bls OCBC Research, Sept 6 PAVING the road for recurring income stream: Recently, Federal International posted a strong set of IHO7 results with net profit up 45 per cent year-on-year to Ss7.B million. In its maiden endeavour at the marine logistics business, Federal secured
      : Bloomberg  -  974 words
    • 530 8  -  LARRY WEE CURRENCIES Senior Correspondent A HORRIBLE figure for US jobs on Friday translated into a session of sharp losses yesterday for the US dollar versus its major counterparts and the Chinese yuan and spilled over into another carry trade sell-off Down Under.
      : Reuters  -  530 words
    • 4 8 DAILY
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    • 3 8
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    • 47 8 Sep 10 VALUE CLOSE 398.00-561.00 BT OB/OS BT CADI -*****.00-280.00 BT 10-day MA -*****.00 +40.00 All-SG Equities 945.76 -10.60 SG Equities Elect 121.44 -0.21 SG Equities Fin 2378.78 -31.94 SG Equities Prop 1461.33 -9.69 SIMSCI 423.07 -5.45 SIMSCI Futures 425.40 -3.60 PrimePartnersCI 245.28 -4.96
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    • 56 8 VOLUME Diqiland 235,931,000 Ban Joo 148,921,000 Penguin 75,701,000 Alantac 69,599,000 Baker Tech 67,562,000 HLG 54,100,000 HLH Grp 43,149,000 Centillion 42,729,000 Armarda 41,960,000 Gen Intl 39,555,000 VALUE(S) DBS Grp 152,649,440 SGX 117,005,400 UOB 80,249,800 SingTel 71,782,460 OCBC Bk 69,299,250 Keppel Corp 59,464,900 Capita Land 52,439,250 STXPOKWIOO 52,226,770 Labroy
      56 words
    • 109 8 BY CENTS CLOSE UP 6980 152.3 1.5 GLD 10US$ SembMar MEReCW/*****8 100 38.0 61.3 CCCCRBeCW*****5 376 22.0 6.2 Jardine C&C 1670 20.0 1.2 SGX 1050 20.0 1.9 .abrc Marine 218 17.0 8.5 :2Q Hid. 72.5 15.0 26.1 SGX SGA eCW*****8 53 12.5 30.9 Shani iLa Asia 2040 11.7 3.0
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    • 118 8 BY CENTS CLOSE DOWN JMH 2670-137.1 -3.3 JSH 1470 -76.2 -3.3 NOL 565 -45.0 -7.4 DBS Gri 1990 -40.0 -2.i Kei il Con 1300 -40.0 -3.0 Korea 10US$ 520 -30.5 -3.7 UOB 2110 -30.0 -1.4 Asia Pac Brew 1320 -20.0 -1.5 OCBC Bk 855 -20.0 -2.3 I seta n
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    • 87 8 Sep 10 CLOSE CHNG FR Sep 7 YR 2007 S$ LOW S$ HIGH USS 1.5235 0.13 1.5479 1.5033 Euro 2.1032 -0.75 2.0996 1.9913 Pounds 3.0958 -0.47 3.1194 2.9323 AS 1.2540 0.48 1.3411 1.1741 Yen* 1.3400 -1.10 1.3821 1.2285 Rill liah* 0.***** 0.34 0.***** 0.***** Baht* 4.4534
      87 words

  • SINGAPORE NEWS
    • 345 9  -  ARTHUR SIM Indicative price for the 12-year-old freehold site in Balmoral Park is $140 m to $150 m By PINETREE Condominium in Balmoral Park has been put up for sale by tender with an indicative price of $140 million to $150 million. The freehold
      345 words
    • 220 9 SINGAPORE signed a memorandum of understanding (MOU) on information and communication with Indonesia yesterday, replacing the MOU on broadcasting and communication signed in 1989 and paving the way for more collaborations in new areas. The new agreement will expand the areas covered from radio,
      220 words
    • 251 9 Bloomberg Seven-member team to bolster private banking operations [HONG KONG] Morgan Stanley, the second-biggest US securities firm, hired seven private bankers from Deutsche Bank in Singapore, stepping up efforts to compete for the nation's growing wealth. The New York-based bank recruited Victor Lee, former head
      Bloomberg  -  251 words
    • 308 9 By OH BOON PING THE Permanent Court of Arbitration (PCA) will be setting up a facility in Singapore, the ministry of law said yesterday. The PCA, based in The Hague, is an intergovernmental body with over 100 member states. It provides
      308 words
    • 330 9 FORMER chief of navy Rear-Admiral Ronnie Tay will embark on a new voyage with the Singapore government's administrative service. RADM Tay will take over the reins as the CEO of the Infocomm Development Authority of Singapore (IDA) from Nov 19. He joined the Singapore
      330 words
    • 626 10  -  CONRAD TAN But Credit Suisse economist bullish about outlook beyond 3 years By GLOBAL economic growth will probably slow over the next 18 months before picking up again, a top economist at Credit Suisse said last week. Jonathan Wilmot, chief global strategist
      626 words
    • 140 10 [SINGAPORE] Movie star and director Mcl Gibson is in town for this year's Forbes Global CEO Conference as a delegate. Dressed in casual gear, he lunched at Sentosa Golf Club yesterday with corporate bigwigs including (from left) Sentosa Development Corp chairman Loo Choon
      FORBES  -  140 words
    • 448 10  - Colin Ng Partners says its lawyer absconded with $32,484 CONRAD RAJ By A SINGAPORE law firm has reported the disappearance of one of its lawyers, along with a quantity of a client's money. Unknown to his employer, legal assistant Victor Tan, had been made bankrupt last month. Medium-sized law firm
      448 words
    • IN BRIEF
      • 95 10 THE Singapore Contractors Association Ltd (SCAL) yesterday announced that it has signed two pacts with organisations in Mongolia to collaborate on specific projects there. The first is a memorandum of understanding (MOU) with Mongolia's ministry of construction and urban development to jointly conduct courses and
        95 words
      • 108 10 THE Energy Market Company announced that it has appointed lawyer Thean Lip Ping to the Market Surveillance and Compliance Panel (MSCP) for the National Electricity Market of Singapore. A consultant at law firm KhattarWong, Mr Thean is a former judge of appeal of
        108 words
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  • SME spotlight
    • 998 11 SMEs here moving aggressively into waste-free technologies, writes MATTHEW PHAN PICTURE this: your personal computer, recently discarded, is sent to a plant where, along with hundreds of other items of electronic waste, it is crushed into little pellets barely two mm in size. The pellets
      998 words
    • 777 12 Sapphire aims to invest in pre- IPO firms SMALL CAPS t's raising $81 million in proposed rights issue to shareholders, writes MATTHEW PHAN SAPPHIRE Corp a construction and building materials company which in its previous incarnation as IRE Corp was responsible for completing the current Supreme Court building is reorienting
      FILE PHOTO  -  777 words
    • 404 12  -  TEH HOOI LING By OUR small-cap portfolio is little changed, with gains in Sitra and Ausgroup offset by falls in Yongnam and Ezra. Furniture maker Sitra Holdings chalked up the biggest advance of 13 per cent, albeit on relatively low volume. Last month,
      404 words
    • 825 12 New plants and new technology the key, reports LYNETTE KHOO CHINA Wheel Holdings is racing into the top league of wheel makers in China, with its capacity expected to more than double within the next three years, going by the current pace of
      FILE PHOTO  -  825 words
    • 812 13 JANICE HENG on how this process solutions firm overcomes the problem of size #F I look back at my career, I think I was an entrepreneur from the beginning," says Dinesh Sharma, president and chief executive officer of DNR Process Solutions. A big part of
      ARTHUR LEE  -  812 words
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    • 143 11 V. =/Ilk. ta. E-junk: European k i"*l^^^to* countries ship kk l\ electronic waste to Uj I X _d^4 H'/zic/z is a labour j^ \J intensive process, "^^B V materials INTRODUCING NAUMI, YOUR PERSONAL LUXURY HOTEL THAT COMES WITH YOUR VERY OWN NAUMI AIDE. FROM YOUR ARRIVAL AT THE AIRPORT TO
      143 words

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  • ECONOMY WATCH
    • 499 14 -AFP, Reuters Europe, Japan and US may face slump but global markets in sustained growth [LISBON] The United States, European and Japanese economies are likely to grow more slowly because of financial market turmoil, but the world economy remains in a
      -AFP, Reuters  -  499 words
    • 256 14 [KUALA LUMPUR] Malaysia must cut its fiscal deficit aggressively to boost its sovereign rating, two credit agencies said yesterday, outlining a move that would let the country borrow more cheaply and woo more foreign investment. While noting the government's estimate of a
      256 words
    • 643 14 Bloomberg Weak labour market should push inflation fears aside for now [NEW YORK] Chastened by the first drop in employment in four years, the Federal Reserve Board will be forced to cut interest rates at least twice this year, according to
      Bloomberg  -  643 words
    • 758 14 NYT Rebound is a testament to healing power of billions of dollars in government aid [NEW YORK] Six years ago, in the aftershock of the terrorist attack that reduced the World Trade Center to a smouldering pile, local officials wondered whether people
      NYT  -  758 words
  • Page 14 Advertisements
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  • MALAYSIA/INDONESIA
    • 572 15 [KUALA LUMPUR] Malaysia is expected to rake in RMB3 billion (Ss36 billion) from commodity exports this year, a fresh record for the sixth consecutive year, says a report in Malaysia's Business Times. "So far, in the first half of the year, exports of palm
      REUTERS  -  572 words
    • 349 15 AFP Shareholder nod to be sought at meetings slated for Oct 30 [JAKARTA] Indonesia's two bourses, the Jakarta Stock Exchange and Surabaya Stock Exchange, are planning to merge in a bid to create a bigger and more competitive bourse, officials said yesterday.
      AFP  -  349 words
    • 298 15 -AFP JAKARTA] Indonesia's Supreme "ourt has awarded ex-dictator Sularto one trillion rupiah (*****.3 nillion) in damages in a lawsuit he orought against Time magazine, a 3ourt official said yesterday. "We accept the suit filed by Sularto and refuse the decision of the
      -AFP  -  298 words
    • 2388 15 iep10 RM COOO) \&M Realty 0.79 \bricBhd 0.26 \dvance Synergy 0.34 \dventa Bhd 1.44 \eMulti Hldgs 0.29 \ffin Holdings 2.58 \hmad Zaki Resou 4.48 Me Corp 0.57 Mrasia Bhd 1.89 \kn Messaging Te 0.20 \kn Technology 0.79 Muminium Co 1.28 Amalgamated Ind 0.53 \minvestment Grp 3.64 \mmb Hldgs
      2,388 words
    • 309 15 Bernama, AP [KUALA LUMPUR] The Malaysian government spent millions of dollars on unauthorised payments and by paying inflated prices for items big and small, including pens, a set of screw drivers and a car jack, according to news reports yesterday. The auditor general's
      Bernama, AP  -  309 words
    • 251 15 [KUALA LUMPUR] Malaysia's Construction Industry Development Board (CIDB) has signed a memorandum of understanding (MOU) with the Kerala State Industrial Development Corporation (KSIDC) to undertake the development of an integrated industrial township in Kerala, India, The StarBiz reported. CIDB would undertake
      251 words
    • Article, Illustration
      884 16 WHAT YOU CAN'T SEE COULD SINKYOUR BOTTOM LINE. Hidden costs are bad news. Because like the tip of an iceberg, it is what lies underneath that could truly hurt your business. Especially when it comes from a most innocuous source your document output system. In fact, the 2003 Gartner
      884 words
  • Page 15 Advertisements
    • 78 15 'F-l fl v X id '-^Bts 1 I I I- I X? '™%fi i^B BUY/SELL M _t ft ROLEX/PATEK PHILIPPE >tI J* Jt* BREGUET/PIAGET/AP -#1-^- jk VACHERON/IWC/ JAEGER •#Ol-45A Peninsula Plaza 6334 0155 (ffii^^M) •#O2-90K People's Park Complex 6327 4628 (^*«F) •#Ol-45 Theßencoolen 6333 1921 (M^KHWifPffi^) •#Ol-51 Orchard Plaza 6836
      78 words


  • GREATER CHINA
    • 171 17 Reuters [HONG KONG] Hong Kong is planning to develop an Islamic bond market, seeking to tap Middle Eastern and other Islamic investors eyeing opportunities in China, Financial Secretary John Tsang said yesterday. The Islamic financial market globally is worth an estimated US$l trillion
      – Reuters  -  171 words
    • 596 17  -  JANE MOIR But governance activists say move flouts 'big market, small govt' promise By in Hong Kong A DECISION by the Hong Kong government to amass a near 6 per cent stake in the city's stock exchange has drawn
      596 words
    • 54 17 [SHANGHAI] This surreal image was created by artists performing during the opening ceremony of the 2007 Fifa Women's World Cup yesterday at the Hongkou stadium in Shanghai. The matches of the Sept 10-30 soccer event will be played in five Chinese cities Shanghai, Tianjin, Hangzhou,
      AFF  -  54 words
    • 486 17 Bloomberg [SHANGHAI] Bank of Beijing Co, partly owned by ING Groep NY, will raise 15 billion yuan (Ss3 billion) in a Shanghai initial public offering (IPO) to boost its finances and compete with larger domestic rivals and foreign banks. Bank of
      – Bloomberg  -  486 words
    • 282 17 Bloomberg It will buy the stake from China National Chemical Corp [HONG KONG] Blackstone Group LP, manager of the world's biggest buyout fund, agreed to pay US$6OO million for a 20 per cent stake in China National Blue Star Group Corp, the
      Bloomberg  -  282 words
    • 271 17 AFP Move is part of series of measures to divert excess liquidity at home [BEIJING] China will further relax controls on firms wanting to invest foreign exchange abroad, state media said yesterday, as Beijing aims to curb excess liquidity at home. "We
      AFP  -  271 words
  • Page 17 Advertisements
    • 1273 17 \t Compact COMPACT METAL INDUSTRIES LTD (Incorporated in the Republic of Singapore) (Company Registration Number: *****0009H) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (the "EGM") of the shareholders of Compact Metal Industries Ltd (the "Company") will be held at 120 Pioneer Road #01-03
      1,273 words
    • 488 17 INTHE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF THONG NAM POTTERY (PTE) LTD (IN MEMBERS'VOLUNTARY WINDING UP) Co. Reg. No. *****0892N NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 41 Kaki Bukit Road
      488 words

  • INDIA
    • 511 18 Bloomberg Country's biggest power transmission firm will use funds to expand network [NEW DELHI] Power Grid Corp, India's biggest power transmission company, began selling shares yesterday to help fund expansion of its network as the Asian nation targets a record increase in
      Bloomberg  -  511 words
    • 342 18 Reuters [MONTREUX] India's commodity derivatives industry is suffering from rules which limit participation of banks and funds and allow only futures trading, the head of the National Commodity and Derivatives Exchange said. "The challenge for us in the next two to three years is to
      – Reuters  -  342 words
    • 201 18 Reuters, Bernama NEW DELHI] India's most valuable firm, Reliance IndusTies Ltd, said yesterday that it had signed an agreement ;o acquire assets of Malaysia's leading polyester produc3r, Hualon Corp. "The agreement is an important step towards the acquisition of assets of Hualon. The
      Reuters, Bernama  -  201 words
    • 527 18 Reuters [SEATTLE] On a cloudless summer day, Manish Prabhu stares out at a converted soccer field thousands of kilometres from his native India and watches a cricket ball skip past some fielders dressed in white. It is an unlikely place for a game
      Reuters; REUTERS  -  527 words
  • Page 18 Advertisements
    • 99 18 i J Miyl fflffi QQ W Jjjffi Sjß ffimj s Limited SB !zl firm SuSw To SSHEu fgyß aS I I Name: (English) (Chinese) NRIC: Sponsor: K4 Company: Designation: Sex:M/F a Address II I Tel: (0) (HP) Email: Delighting You Always Pi ■3 Fax: No. of Participants: Total Fee: K3
      99 words

  • MIDDLE EAST
    • 380 19 Stake purchase will trump an agreed cash-and-stock bid from Nasdaq in May [STOCKHOLM] Borse Dubai breached good stock-mar-ket practice when it announced plans to purchase shares of OMX last month, the Swedish Securities Council said yesterday. Borse Dubai's press release on Aug
      REUTERS  -  380 words
    • 263 19 Bloomberg [RIYADH] Economists are warning that Saudi Arabia's plan to control inflation by cutting state spending and reducing money in the financial system may fail as some factors contributing to price growth are out of their control. Inflation in Saudi Arabia is also caused
      Bloomberg  -  263 words
    • 7617 19 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 1.071/ Star Europe Bond 1.202/ Star Europe Bal 1.248/ Star Asian Tiger Eqty 1.617/ Star Asia Bond 1.291/ Star Asia Balanced 1.105/ Star Global Technology Fund!" 0.243/ Multi St Fd 0.977/ Star Asia Bond(USD) 0.845/ Gib Multi St USD
      7,617 words
  • Page 19 Advertisements
    • 67 19 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. G,obal lnvestors company regn. no *****7169Z LEARN FROM YOUR MISTAKES E9kH J& m% st "This time is different" are among the most costly four words
      67 words

  • ASIA-PACIFIC/WORLD
    • 553 20 Reuters Barclays president says its investment bank well positioned for growth [LONDON] Britain's Barclays said its investment bank arm traded profitably last month and its prospects remain strong, despite the credit market turmoil, but the bank's offer for ABN Amro could
      – Reuters; AP  -  553 words
    • 395 20 LAT-WP [SAN FRANCISCO] Advanced Micro Devices (AMD), the underdog chip maker, planned yesterday to introduce powerful microchips that feature four cores, or processing brains, on one piece of silicon. Known as "quad-core", the technology boosts the speed of computer servers and workstations and uses
      LAT-WP  -  395 words
    • 276 20 Reuters Volatility in usually slow month due to sub-prime crisis [LONDON] The London Stock Exchange's average daily number of electronic trades on its main board surged 141 per cent year-on-year to a record 688,391 in August amid increased volatility. Volatility spiked as the US
      – Reuters; AP  -  276 words
    • 241 20 Reuters [MONACO] Munich Re, the world's second-largest reinsurer, warned on Sunday that it would not offer cover against terror attacks in the United States, France and Germany if state-backed pools are not renewed. It said the attacks on the World Trade Center
      ■ Reuters  -  241 words
    • 384 20 Bloomberg, Reuters Joseph Lewis paid USsB6om, is now largest shareholder [LONDON] Joseph Lewis, a British-born, Baha-mas-based currency trader, paid U*****.4 million to acquire a 7 per cent stake in Bear Steams Cos, making him the brokerage firm's largest shareholder. Mr Lewis, 70,
      Bloomberg, Reuters  -  384 words
    • 494 20 Bloomberg [ISLAMABAD] Former Pakistan prime minister Nawaz Sharif was arrested and deported to Saudi Arabia yesterday within hours of arriving home from exile vowing to end the rule of President Pervez Musharraf. While with the deportation Gen Musharraf has fended off the
      Bloomberg; AP  -  494 words
    • 179 20 -AFP [PARIS] British weekly The Economist has launched a new quarterly lifestyle magazine Intelligent Life, aimed at covering "all the good things that wealth makes possible". Now available on newsstands in both Britain and continental Europe at 7.50 euros, the 124-page magazine published at
      -AFP  -  179 words

  • AVIATION
    • 722 21  -  YEN SREENIVASAN New group structure with Daniel Ec as independent chairman unveiled By TIGER Airways yesterday unveiled quarterly figures showing robust growth and introduced a new group structure headed by an independent chairman, Daniel Ee. The budget carrier yesterday presented its first
      722 words
    • 156 21 Reuters [PARIS] France's new defence minister predicted a delay in the A4OOM airlifter in another blow for planemaker Airbus, and criticised costly projects to build over-sophisticated weapons when cheaper ones would do. Herve Morin's remarks, in an interview with newspaper La Tribune published yesterday,
      – Reuters  -  156 words
    • 2319 21 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 Bourac-irhnes (BOU), BR EVA
      2,319 words
    • 250 21 Bloomberg [COPENHAGEN] SAS Group, the owner of Scandinavian Airlines, cancelled 17 flights yesterday after closing routes serving a northern Denmark airport where one of its planes crash landed on Sunday. The cancellations included eight domestic flights to and from the Aalborg, Denmark, airport
      – Bloomberg; REUTERS  -  250 words
    • 135 21  -  Xinhua [BEIJING] China Aviation Industry Corp I (AVIC I) said it has inked a deal with General Electric (GE) to co-produce engines for the country's first homegrown commercial aircraft. With GE's technology support, AVIC I, China's leading aircraft maker, will produce the CF34-10A
      135 words
  • Page 21 Advertisements
    • 146 21 BT/ZUJI Deals of the Week |^BSBH i y I HHJJi i Hlfflßpflilf BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from London $4,100 $860 $118 Etihad Airways Etihad Airways DESTINATIONS BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER Jakarta $326 (Philippine Airlines) $105 (Lufthansa) $57 Sunny Bangkok $599 (Thai International)
      146 words
  • Page 21 Miscellaneous
    • 309 21 CRYPTIC CROSSWORD ACROSS I Is he needed if a train's bro5 Fierce tirade about article by mml mm mml MM mm mm Metropolitan Police (7) H 9 Showing bias before taking 9 I II H^ I I 10 Headhunter in lovely, cosy I 1 I'm getting peas on a whim
      309 words

  • SHIPPING
    • 552 22 Reuters Firms say change will cost them heavily; shares down as much as 9% [OSLO] Shipping companies in Norway slammed a proposal for a new shipping tax system, saying it would cost them heavily and calling it a betrayal of a
      – Reuters  -  552 words
    • 135 22 Reuters [SHANGHAI] Qingdao Port (Group), China's third-largest container port operator, said yesterday it has started work on a 6.9 billion yuan (551.39 billion) expansion project which will add 6.4 million 20-foot-equivalent units (TEUs) of annual capacity. AP Moeller-Maersk's port arm APM Terminals holds a 29
      Reuters  -  135 words
    • 190 22 Reuters [SINGAPORE] The average waiting time for ships to load at Australia's largest coal export terminal fell to 18 days, the lowest since December, raising hopes that congestions that have plagued the port all year could be over. Coal exports fell by about
      Reuters  -  190 words
    • 403 22 j. Bloomberg [HONG KONG] Daewoo Shipbuilding Marine Engineering Co, the world's third-largest shipyard, said that profit for last month surged almost nine-fold, boosted by an increase in orders and prices for vessels to move fuel and consumer goods. Net income rose to 12.4 billion won
      j. — — – Bloomberg; BLOOMBERG FILE PHOTO  -  403 words
    • 417 22 Bloomberg [LONDON] Forth Ports pic, the last publicly traded UK port operator, said that first-half profit rose 22 per cent as the company handled more sea freight at its River Thames terminal and paid less tax. Net income increased to £11
      ■ Bloomberg  -  417 words
    • TRANSPORT STOCKS
      • 112 22 '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 MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.92 0.37 5.25 1.00
        112 words
      • 36 22 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.42 9.50 9.40 4.24 3.00 0.29 2.34 -0.03 0.05 -0.10 -0.08 0.01 -0.01 -0.06 31 271 461 144' 1! 101 15:
        36 words
      • 12 22 ■oo 'recious Ship Regional Cont 33.75 31.00 -0.25 1.25 1811 168!
        12 words
      • 11 22 '000 Doil iingamas Cont 82.30 4.69 -2.60 -0.15 so; 1261
        11 words
      • 22 22 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.40 33.00 unch unch -0.10 1.00 unch unch 3741 151 0 0
        22 words
      • 23 22 Evergreen Marine ...23.30 :irst Steamship 79.20 /Van Hai Lines 24.35 t'ang Ming Marine ..24.45 -0.80 -1.90 -0.15 -1.25 35 1 5 22
        23 words
      • 37 22 '000 <awasakiHvylnd...411.00 -18.00 ***** (awasaki Kisen ...1523.00 -2.00 8324 Mitsubishi Hvy 634.00 -25.00 ***** Mitsui Eng&Sbldg 57unch -12.00 9131 Mitsui Osk Lines ..1689.00 -6.00 ***** Mippon Express 573.00 -6.00 1896 MipponYusen 1092.00 -17.00 5820 source: Reuters
        37 words
    • 173 22  -  Xinhua [BEIJING] The first 8,530TEU container ship, of which China owns the full intellectual property rights, has been delivered to China Shipping Container Lines Co Ltd (Shanghai) and left for its maiden voyage to the United States on Sunday. It has made China the fourth
      173 words
    • 390 22 Reuters [HO CHI MINH CITY] Vietnam's top forwarder Gemadept Corp forecast its profit would jump 50 per cent next year as it puts an office building, a port and a warehouse into operation. Gemadept, one of Vietnam's three largest container port operators, also
      – Reuters  -  390 words
  • Page 22 Advertisements

  • EDITORIAL & OPINION
    • 455 23 THE Asia-Pacific Economic Cooperation (Apec) summit in Sydney has served to reiterate the importance of bridging the gap between developed and developing nations if global efforts to address climate change are to substantially progress. The Apec meeting produced the Sydney Declaration to tackle climate change,
      455 words
    • 1083 23  -  HARISH MEHTA Indigenous peoples have served notice that they will not be subjugated again THERE seems to be a new spirit of resistance among indigenous peoples, who with the help of academics and activists, are doing battle against biopiracy. For instance, the (native American)
      FILE PHOTO  -  1,083 words
    • 808 23  -  PAUL KRUGMAN THE BOTTOM LINE FOUR years ago, the Bush administration, exploiting the political bounce it got from the illusion of success in Iraq, pushed a cut in capital-gains and dividend taxes through Congress. It was an extremely elitist tax
      808 words
    • 839 24  -  LEON HADAR The economy could become a central issue in the coming political year AS Wall Street was preparing for the Sept 18 meeting of the policymakers of the US Federal Reserve, most analysts speculated the release of bad news about
      AFP  -  839 words
    • 501 24 LETTER TO THE EDITOR I REFER to the report, "Consumer credit reports to provide extra, comparative information" (BT, Sept 6). It states that "people who ask for their credit reports can now get statistics that will allow them to compare their level of
      501 words
    • 822 24  -  DAVE O'REILLY he challenge is to find power sources that are cheap, reliable and also environmentally sustainable By ENERGY security was one of the key issues on the agenda at the Asia-Pacific Economic Cooperation (Apec) Business Summit last week in Sydney. This is certainly understandable.
      AFP  -  822 words


  • SINGAPORE STOCKS
    • 8319 25 Transaction date: Sep 10 52-wks Tel )h Low Code Last Sale Vol ('000) Hil Day Last Quote |h Low Buyer Seller Div GrYld C'vr Net P/E MCap $mil Hii Com[ i an; 3.5 2 5716 1st Software 22 6.5 3148 STelecom 34 17.5 5834 A-Sonic 103 98 6389
      8,319 words
    • 82 25 52-Wk Tel High Low Code Last Sale Vol Cooo] Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi ran' Hii ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&B500 *****
      82 words
    • 2083 25 52-Wk Tel ligh Low Code Last Sale Vol Cooo] Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Com] ran' Hii 30 13 1181 AAGrp 41.5 18 5000 ABRHIdgs 31 25 8538 APStrategic 16.5 1.5 1501 Advanced System 70.5 9 1524 Alantac 22.5
      2,083 words
    • 259 25 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
      259 words

  • FINANCE & COMMODITIES
    • 382 26 SepO7 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminan 1119.6 -1.5 1.7 -1.1 3.4 -1.2 4.1 t EAFE Preliminan 1108.2 -1.6 0.1 -0.9 3.5 -1.0 4.2 Euroi Prel liminan 1506.2
      382 words
    • 65 26 Sep 10 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Sep 07 2527 2537 2542 2524 191 462 Oct 07 2514 2522 2530 2509 1304 ***** Nov07 2490 2500 2507 2484 3343 ***** Dec 07 2476 2479 2486
      65 words
    • 23 26 Sep 10 ten STI SIMSCI Sep 428.4 428.7 425.4 Taiwan Sep 338.5 345.8 343.6 Source: MF Global (S) Pte. Ltd
      23 words
    • 21 26 Sep 10 Bid Offer 1-month 1.5190 1.5198 2-months 1.5149 1.5158 3-months 1.5118 1.5128 i-months 1.5030 1.504 Source: OCBC
      21 words
    • 157 26 Sep 10 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2517 1.2527 0.8219 0.8222 Canadian dollar 1.4398 1.4408 0.9454 0.9456 Euro 2.1002 2.1017 1.3791 1.3794 NZ dollar 1.0526 1.0537 0.6912 0.6916 Sterlini ind 3.0898 3.0917 2.0289 2.029:
      157 words
    • 334 26 Sep 10 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO7 DecO7 MarO8 JunO8 94.397 95.210 95.650 95.735 0 0 0 0 7916 ***** ***** 5198 EUROYEN FUTURES SepO7 99.170 99.170 DecO7 99.185 99.195 MarO8 99.165 99.175 JunO8 99.140 99.150 SepO8 99.060 99.100 DecO8 99.035B MarO9 98.960B
      334 words
    • 269 26 Sep 10 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Oct 07 Nov 07 Dec 07 Jan/Mar 08 Apr/Jun 08 Jul/Sep 08 328.00 326.50 325.25 326.25 329.25 331.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      269 words
    • 132 26 As at 9am Sep 10 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2430 1.2580 Can dollar 1.4350 1.4520 Euro 2.0920 2.1160 NZ dollar 1.0340 1.0570 Sterlini ind 3.0810 3.1151 US dollar 1.5180 1.5350 Local dollars to 100 units of foreign
      132 words
    • 146 26 Sep 10 fer Bii )vernight 1 1/2 -month 2 11/16 'months 2 3/4 1-months 2 13/16 Overnight mode: 2.40 JS$ Offer 1 1/4 2 9/16 2 5/8 2 11/16 Bid days month months months i months months 2 months ijr 5.70 5.85 5.85 5.80 5.50 5.25 5.15 Offer
      146 words
    • 467 26 Sep 10 AS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound USS Australia 0.869 6.184 0.596 6.396 33.400 77.355 0.932 7.719 2.889 1.189 49.829 38.386 1.252 5.957 0.975 27.181 28.131 0.405 0.822 Canada 1.150 7.113 0.686
      467 words
    • 139 26 Sep 10 GOLD (USS/oz) Sep 10 Sep 07 Hong Kong London 702.70 693.00 703.70 694.00 Sep 07 Sep OS 703.00 682.20 703.60 682.80 Source: Reuters CAST BAR (S$) Sep 10 Buying Sellinc Kilobar "36,734.17" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      139 words
    • 69 26 Sep 7 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2395.00 2418.00 3 months 2447.00 2470.00 Copper, Grade A (US$/tonne) Cash 3 months 7239.00 7173.50 7367.00 7300.00 Lead (US$/tonne) Cash 2920.00 3 months 2875.00 2956.00 2911.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.00
      69 words
    • 77 26 Sep7 Close Prev Hii ih/Low SepO7 948 956 Dec 07 963 969 Mar 08 971 976 May 08 981 985 960/948 975/957 981/965 989/977 COFFEE (US$/tonne) Close Pev High/Low SepO7 1773 1752 1778/1757 Nov07 1828 1800 1842/1802 Jan 08 1769 1752 1775/1750 Mar 08 1751 1733 1753/1738 SUGAR (US
      77 words
    • 77 26 Sep 10 (US$) (SS) 5.***** 2.***** 1 mth 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 5.***** 2.***** 9 mths 5.***** 2.***** 12 mths 5.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2 mths 2.***** 3mths 2.***** 6 mths 2.***** 9 mths 3.***** 12 mths 2.*****
      77 words
    • 91 26 Sep 10 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Mi Day's |h Low 3-Month BQ*****W 13.12.07 1-Year BY*****V 30.04.08 2.31 2.32 2.26 2.25 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
      91 words
    • 101 26 Sep 7 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Sep 07 891.00 878.00 891.00 875.00 Nov07 905.25 892.50 907.50 887.00 Jan 08 920.25 908.00 922.00 902.50 MarO8 931.50 919.00 934.00 914.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 07 37.28 37.08 37.35 36.98 Oct07
      101 words
    • 77 26 CRUDE OIL PRODUCTS Sep7 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 74.23 -1.07 WTI (Near Mth) 76.69 0.37 Dubai (1-Mth F) 69.98 -0.1 Tapis blend 80.25 -0.25 Minas 75.45 -0.5 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 72.95 85.25 -0.20 -0.8 US$/barrel Opec Oil Basket
      77 words
    • 2666 26 BONDS WARRANTS Pel lode Comi Last Sale +orVol Conv Exer COOP) Ratio Price Disc Gear- Mths ing Left S779 ASL Marine Hldgs W*****1 96 -2 90 >036 Advance SCT Ltd W*****9 27 -0.5 260 I674 Allgreen RB ECW*****0 1.5 -1 130 >835 Allgreen RBeCW*****6 5 -0.5 100 )092 Asia Environment
      2,666 words
  • Page 26 Advertisements
    • 142 26 CFDs ON SAXOTRADER saa^ sssSr H MINIMUM CAPITAL filffft ™L. MAXIMUM LEVERAGE mm-i b ~A s =ssyss~—• ,wViX Email ps@saxomarkets.com.sg Leverage investments up to 10 times by trading CFDs on SaxoTrader. Offering key opportunities a/ during nigh market volatility, CFDs let you take advantage of short-term, intra-day price movements. I"^
      142 words

  • Page 27 Advertisements
    • 2645 27 m The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE lilMili Destination Destination STXPO TBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL Fllklllir r k WALLENIUS WILHELMSEN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia I I C T I f C MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE Destination 1 I Destination I
      2,645 words

  • Page 28 Advertisements
    • 3651 28 WAN HAI INTERNATIONAL PTE LTD >T"f t^ t^ VtrA lAf A LI II A I I Ilirr TEL *****588 (14LINES) FAX:*****163 ■gPW^3iM I^B JW VVI I WAN HAI INES C-KtomerService/BookingsDirertUne-(1800)*****200 WFFKIY FXPRFSS SAN INr SrHFIJUI F \]^3—^ I I** I HUfcrf pKLUb (03| *****888 FAX: (03| *****288 PfNTEL: (04) *****00
      3,651 words

  • Page 29 Advertisements
    • 4641 29 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      4,641 words

  • PROPERTY
    • 369 30 Bloomberg Higher interest rates are likely to affect arrears in third quarter, says Fitch [HONG KONG] Delinquencies on Australian prime mortgages fell in the second quarter as unemployment declined to a 33-year low, according to Fitch Ratings. Non-conforming home loans that were at
      – Bloomberg  -  369 words
    • 296 30 Reuters It plans to spend USssb in mainland over next 10-15 years [SINGAPORE] Hong Kong's Hang Lung Properties could see its investment returns from its China projects hit 25 per cent in two years time, its top executive said
      – Reuters  -  296 words
    • 95 30 Reuters [SINGAPORE] Chinese developer Shui On Land will double its land bank in China over the next three years from 12 million square metres, said its founder and chairman yesterday. "China's property market is still strong despite the macroeconomic controls by the government.
      – Reuters  -  95 words
    • 490 31  -  UMA SHANKARI By THE upcoming integrated development at one-north is expected to generate more interest in the area and drive up housing prices and retail rents there, market watchers said. On Sunday, property giant Capita Land and New Creation Church's
      FILE PHOTO  -  490 words
    • 737 31  -  ARTHUR SIM Demolition is wasteful and not environmentally friendly, says Hillcrest MD By THE property boom here prompted Hong Kongbased Hillcrest Capital to buy the 34-unit Anderson Green in February for $112 million in February. But instead of tearing it down to build
      FILE PHOTO  -  737 words
  • Page 30 Advertisements
    • 110 30 Prime Freehold Residential I Redevelopment Site at I 145 Killiney Road I O/*Cfa The Paragon Wisma Atria The Heeren i Ngee Ann City Takashimaya Shopping Ctr Central (u/c) On 0/l^?«Jc-*. Somerset Central (U/C) S? SUBJECT R>VER RQAD AS.TE Site Area: 3,713.5 sqm 39,972 sq ft (approx) I Plot Ratio: 2.8;
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    • 461 30 For Sale By Tender Apollo Centre ciarkeQiia >' For office retail uses ORCHARD RD/CTE V sl!— /V Prominent double road frontages /%(Apoiiocenter°-§^^X Land area: 54,560 sq ft \^3K2 Gross floor area: 217,525 sq ft \A/ Boatoua, Walking distance to Clarke Quay \V BJSnVT^S; J\ Chinatown MRT stations p«g.i nm/V. V
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  • Page 31 Advertisements
    • 378 31 P Premier UK and Australian *\t development opportunities Short term, low risk development projects in central London and Perth can achieve investment returns in excess of 20% per annum. i^* w nc' ou^now you can participate in future v developments in these cities on Ptj^Vri > Saturday September 15 th
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    • 181 31 btadJWMiNil Belmontßd 16,0005f King Albert Pk 14,3005f BinjaiPk 20,0005f Ladyhillßd 16,0005f Bishopsgate 17,0005f LeedonPk 15,5005f Cable Rd 17,0005f Lewis Rd 12,0005f Cluny Hill 16,0005f OeiTiongHam 16,0005f ClunyPk 16,0005f Olive Rd 25,0005f Cornwall Gdn 16,0005f Queen Astrid Pk 25,5005f Cornwall Gdn 21,0005f Second Aye 15,0005f DalveyEst 15,0005f Swettenham 15,5005f East Sussex
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