The Business Times, 24 September 2007

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Total Pages: 30
1 30 The Business Times
  • 21 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg •V A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Monday, September 24,2007
    21 words
  • 735 1  -  CHUANG PECK MING Singapore bosses most generous among more advanced economies in the region: poll [SINGAPORE] Employers across the Asia-Pacific region are anticipating another good year as they budget for bigger pay hikes in the coming year. And among the region's more
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  • 745 1  -  ANTHONY ROWLEY YASUO FUKUDA will become Japan's new prime minister tomorrow after being selected yesterday by the ruling Liberal Democratic Party as its new leader in the wake of the sudden resignation of current prime minister Shinzo Abe. Elderly and conservative, the
    BLOOMBERG  -  745 words
  • MARKETS DIGEST
    • 50 1 Weekly 3,542.22 lange +5.82 iT Index I COMP 1,305.94 +16.44 IIKKEI225 16,312.61 +185.19 IANG SENG 25,843.78 +945.67 ;et INDEX 831.51 +19.56 JAKARTA COMP 2,335.49 +109.88 1ANILA COMP 3,423.73 +129.18 ;eoulcomp 1,919.26 +49.24 ;henzhen B 770.67 +2.18 IUMBAI IND 16,564.23+960.43 )OW 13,820.19 +377.67 IASDAQ 2,671.22 +69.04 ;&P 500 1,525.75 +41.50
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    • 29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.***** TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 3.84 INDIA 12.75 Source: Bloomberg
      Bloomberg  -  29 words
    • 42 1 US$ (S$ per US$) 1.506 £(US: i/S: per 2.014 3.033 EURO(US$/S$/E) 1.408 2.120 YEN 115.10 76.40 RM 3.449 2.291 HK$ 7.785 5.171 BAHT 34.23 22.74 RUPIAH 9,184 6,100 RENMINBI 7.501 4.983 INDIAN RUPEE 39.89 26.49 A$ 1.154 0.766 NZ! 1.348 0.895
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  • Page 1 Advertisements
  • Page 1 Miscellaneous

  • TOP STORIES
    • THREE-MINUTE DIGEST
    • 955 2  -  MATTHEW PHAN Scheme is not a subsidy programme, everyone must save enough for himself, not rely on others, they reiterate cluding a one percentage point increase in interest for the first $60,000 of CPF monies and a re-pegging of the return
      955 words
    • 551 2  -  LYNETTE KHOO College of Insurance now also provides wealth mgt training [SINGAPORE] The booming economy and growing number of high net-worth individuals with complex financial needs presents challenges on training and educating financial professionals here. Training providers have to be quick to identify and
      551 words
    • 290 3 Reuters He is in ICU, breathing with the support of a respirator [KUALA LUMPUR] Former Malaysian prime minister Mahathir Mohamad underwent surgery and was back on a respirator yesterday after a recent heart bypass led to a chest infection, a hospital statement said. Dr
      Reuters  -  290 words
    • 638 3  -  MATTHEW PHAN Few companies have the resources to handle projects: AES Agri Verde official [SINGAPORE] Singapore has made clear its aim to be a hub for carbon trading, an industry already worth billions of dollars and set to keep growing. But sheer complexity
      638 words
  • Page 2 Advertisements
    • 557 2 people Clients wanted. m \J^\W nm{ (Only excellent companies ■■Vi bY need apply) www.thepeopleatwork.com Asia-Pacific Executive Search IL<^«V«MlLand I Keppel Land Limited Co Reg No: *****0001G (Incorporated in Singapore) Notice of Extraordinary General Meeting I NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held
      557 words
    • 18 2 CHARTING DIRECTIONS Place your AGM and EGM notices in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      18 words

  • Page 3 Advertisements
    • 275 3 Don't wait till it breaks and lose sleep over it. To rest well, you need a secure infrastructure. Like sleep, the security of your IT systems will be twice as cherished when you lose it, and probably thrice as painful. Ensure that your IT systems are configured to protect the
      275 words

  • 732 4  -  R SIVANITHY STOCKS CONVENTIONAL thinking says an interest rate cut must be good for stocks. Just look at the bull run on Wall Street in the last three years. That was brought about by the US central bank, when it started slashing rates some seven
    732 words
  • 510 4 AFP CURRENCIES [HONG KONG] Asian currencies ended last week mostly higher against the dollar after the US Federal Reserve cut interest rates to try to limit the fallout from credit market distress and a severe housing downturn. Japanese yen: The yen
    AFP  -  510 words
  • 840 4 Payment (cts) Ex Books Pay date close date ABR Hldgs bt 0.500 Adampak bt 0.625 Adv Integrated cb 0.250 Allied Tech bw 3.500 ASL Marine ay 2.500 ASL Marine dd 0.300 Ausgroup az 0.610 Aussino Grp ao 0.750 Australand PG A af 4.000 AVJennings A ak 3.000 BestWorldlntl
    840 words
  • 296 4 -AFP COMMODITIES [LONDON] Crude oil prices surged to all-time highs last week, striking a record peak of US$B4.lO a barrel in New York owing to heightened concerns over tight supplies in the US. Brent crude reached an historic U5579.94 in London.
    -AFP  -  296 words
  • 1841 4 Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name advanced Hldgs Ltd 1.50 1.00 2 4.65 10.65 0.56 0.49 .EM Hide 2.50 2.00 4.20 3.81 0.23 0.16 .llco Commercial REIT 1.60 1.60 5 5.39 20.41
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  • COMPANY NEWS
    • 678 5  -  R SIVANITHY OST stock market participants would be familiar with window-dressing, a term used to describe activities undertaken by parties with vested interest to prop up share prices so as to make themselves look good at the end of reporting periods. "Window-dressing" is commonly preferred to the
      BLOOMBERG  -  678 words
    • 303 5  -  NISHA RAMCHANDANI It recently gave $50,000 to two NTU student schemes KEPPEL Offshore Marine Limited is investing in scholarships to build up the talent pool in the maritime industry. It recently pumped $50,000 into two student endowment schemes at Nanyang Technological University (NTU) which will
      303 words
    • COMPANY BRIEFS
      • 82 5 MAPLETREE Logistics Trust said it has signed a put and call option agreement to acquire a five-storey warehouse in Tuas for a total of $15.2 million. The building will have a gross floor area of more than 13,300 square metres, including over 10,800 sq metres in
        82 words
      • 82 5 JADE Technologies Holdings said two of its independent directors, Ho Wall Onn and Sect Ai Mcc, liave resigned with effect from Sept 20. Their resignation "is at the appropriate end of our financial year", Jade said. The two long-serving directors considered it was appropriate to
        82 words
      • 73 5 KEPPEL Land said it will hold an extraordinary general meeting (EGM) on Oct 11 at 10.30 am at the Four Seasons Hotel Singapore to consider the sale of one-third of One Raffles Quay to K-Reit Asia. K-Reit Asia said it will hold
        73 words
    • SINGAPORE MARKETS
      • 1393 6  -  TEH HOOI LING IT WAS a mixed session in the Singapore market last week as investors are still trying to assess the impact of the sub-prime mortgages crisis in the US on the world economy. After the euphoric response to the big-ger-than-expected half a percentage point
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      • 1453 6  -  ROBERT HALILI INSIDE MARKETS PURCHASES by directors and substantial shareholders was low for a second straight week with only 34 companies posting 72 "buys", based on filings on the Singapore Exchange from Sept 17 to 21. The figures were consistent
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    • 850 7  -  WONG WEI KONG Sales in China soar for mooncake maker this Mid-Autumn Festival THIS Mid-Autumn Festival has seen mooncakes sales soaring in China and that is a big slice of good news for China Angel, the only dedicated mooncake maker listed on the Singapore Exchange
      850 words
  • Page 5 Advertisements
    • 221 5 V 1 4^| Building wealth is a dynamic process. The ÜBS Core-Satellite investment approach offers flexibility in structuring your portfolio to meet long-term goals as well as seize short-term opportunities. Stability. The bulk of your investment is in a strategic core set of managed solutions. Comprising well-diversified investments with several
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  • Page 7 Advertisements
    • 21 7 ■sWs':':-'*' BBHL ?Zg!2s&i&-?r I:'t';:■■■ ..-.->-«■■■ L ■I I '^■i BT ■■1 B^d 8888 Kfll HbMH H bY ,4^ a H^b^Bl^bw^b^b^lbV^b^b^bW L jA^W
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  • VIEWS FROM THE TOP
    • Article, Illustration
      3871 8 THIS WEEK'S TOPIC Is your industry able to attract the talent it wants from our local universities? What more needs to be done? Staff retention is crucial TECH companies, by nature fast-paced and innovative, have always been an attractive target for new graduates. At Lenovo, we believe there
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  • Page 9 Advertisements
    • 33 9 L£j- L' I 1 ii L^l n^A <* Y m. mm^ rl^^^^fntfnffl?ytiMffiiTiffTnftir^^ hk I bag h I H^H^H^TBf^r^l^f ifc^. JRtf-^y I ■^■1 Hhfl IF b t^l I r »resenis k. H m. I nwil
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  • DINING OUT
    • 1449 10  -  Jaime Ec Cheah Ui-Hoon Cheah Ui-Hoon NEW RESTAURANT Brewerkz Bar Grill 2 Stadium Walk #01-06/07/K1 Singapore Indoor Stadium, tel: 6345-9905, www.brewerkz.com YOU might well get a sense of deja vu when you step into Brewerkz's new outlet at the Indoor Stadium. There's a waterfront view, there's
      1,449 words
  • Page 10 Advertisements
    • 1505 10 k RErrasfa (Constituted in the Republic of Singapore pursuant to a trust deed dated 28 November 2005 (as amended)) Managed by K-REIT Asia Management Limited (Co Reg No: *****1357K) Notice of Extraordinary General Meeting NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of K-REIT Asia will be held at
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  • SINGAPORE NEWS
    • 531 11  -  CONRAD TAN It has lowest overall costs among foreign currency products used, study finds By USING a debit card may be the cheapest way to pay for purchases and withdraw cash abroad, research from MasterCard has found. A study of the "real
      531 words
    • 200 11  -  ARTHUR LEE ABOUT 350 guests were treated to a one night only performance by an award-winning acrobatic troupe from Chengdu, China at the Orchard Hotel last Friday evening. The dinner show was part of the hotel's Mid-Autumn Festival celebrations. A hotel spokesman said the troupe was
      ARTHUR LEE  -  200 words
  • Page 11 Advertisements
    • 83 11 jl—!H BRITISH VIRGIN ISLANDS Ep? 7- ■9sk3 International British Virgin Islands Opportunities for Growth in Financial Services 10 October 2007, 2pm Bpm Raffles Hotel, Singapore Senior government officials and regulators from The British Virgin Islands, one of the world's premier financial centres, will be visiting Singapore in October to host
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 910 12 49 teams took part in the inaugural Citibank-The Business Times NTU-NUS Financial Challenge 2007 last Saturday. CHARMIAN KOK recounts the lessons participants took home AS hundreds of participants gathered at the National University of Singapore's University Hall last Saturday morning to register for the
      PHOTOS BY ARTHUR LEE  -  910 words
    • 821 12 Trusting each other won them the Citibank-The Business Times Financial Challenge 2007, writes JASON LOW HIS watch showed 9.58 am as he walked anxiously up and down the hall. His mind filled with thoughts of possible elimination from the Citibank-The Business Times Financial
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    • 204 12 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
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  • Page 12 Advertisements
    • 46 12 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
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  • ECONOMY WATCH
    • 410 13 AFP, Reuters [NEW DELHI] India's rupee is set to head higher against the dollar as foreign investors pour money into the rapidly growing economy and the only question is how fast the currency will rise, analysts say. Lifted by a tide of overseas
      AFP, Reuters  -  410 words
    • 494 13 Comments signal growing momentum behind inflation targeting at bank [FRANKFURT] Federal Reserve vice-chairman Donald Kohn, who has opposed setting inflation targets at the US central bank, said on Friday that such goals can hold expectations steady and give workers and businesses more certainty
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    • 507 13 [HO CHI MINH CITY] In a country whose peasant army once marched on flip-flops cut from old tyres, Gucci beach sandals priced at US$365 can come as a shock. But the luxury market is booming in Vietnam, where Ho Chi Minh's communist revolution
      AP  -  507 words
  • Page 13 Advertisements
    • 15 13 |J tMldl 111] ■>v.v" I |l \'\\M n II l i ili B iVj i
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    • 381 13 q&a Citi Private Bank Investing in Real Estate; More than Meets the Eye H f 1 1 oB^ Bi QUEK KWANG MENG i Managing Director Head Real Estate Investments JH Global Wealth Management H/^ H^^ Asia Pacific and Middle East Q Is investing in real estate difficult? on returns and
      381 words

  • MALAYSIA/INDONESIA
    • 397 14 Sep 21 BANKS BANKS ABN AmroBankNV 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 American Express Bank 5.75 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of
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    • 339 14 Sep 21 EURODOLLAR FUTURES Dec07 Mar08 Jun08 Sep08 95.270 95.540 95.590 95.595 0 0 0 0 ***** ***** 6154 4005 EUROYEN FUTURES Dec07 99.170 99.175 Mar08 99.135 99.135 Jun08 99.085 99.090B Sep08 99.025 99.025 Dec08 98.925 98.925 Mar09 98.850 98.850 Jun09 Sep09 99.165 99.120 99.075 98.995 98.910A
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    • 489 14  -  LAUREL TEO i Motor trade raises this year's target to 410,000 as sales up to Aug top 277,000 AFTER a severe downturn last year, the motor vehicle market here appears to be well on the road to recovery. Domestic sales are expected to
      AFP  -  489 words
    • 715 14  -  PAULINE NG MALAYSIA INSIGHT Govt has been subsidising industries and consumers for too long and at too low a price JUDGING from the pointed hints by local leaders, Malaysians shouldn't be too surprised if they have to fork out more for natural gas in
      715 words
    • 320 14 Reuters [HONG KONG] Hong Kong and Jakarta are close to signing an agreement that would allow Indonesia to pursue misappropriated money that was stashed in bank accounts in Hong Kong, the South China Morning Post reported yesterday. The newspaper said Indonesia and
      Reuters  -  320 words
    • 2856 14 Transaction date: Sep 21 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day IONG KONG Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific Sank Of E Asia Jeida Jade
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  • CHINA/INDIA
    • 585 15 -AFP Its media blitz and branding campaign said to cost several million dollars [NEW DELHI] Leading global mobile provider Vodafone began using its own name across India last Friday following its purchase of an Indian cellular firm, rolling out what the British company said
      -AFP; AFP  -  585 words
    • 453 15 Bloomberg Agency revises its investment strategy, likely to change into a fund of funds [HONG KONG] China's 460 billion yuan (5592.3 billion) national social security fund will increase the amount invested in overseas securities and broaden the types of products it buys, its
      – Bloomberg  -  453 words
    • 170 15 -AP [HONG KONG] Asia's second-richest man Li Ka-shing has denied plans to take over soccer giant Inter Milan, Hong Kong media reported yesterday, after an Italian website published details about a possible deal. The Hong Kong tycoon would offer 350 million
      -AP  -  170 words
    • 280 15 Reuters [NEW DELHI] High rentals and fewer properties are weighing down expansion plans at Pantaloon, India's most valuable listed retailer, a company official said. "Expansion into newer cities is going through a problem phase," said Mayur Toshniwal, vice-presi-dent and business head (north) at Pantaloon
      – Reuters  -  280 words
    • 136 15 [BEIJING] The total assets of overseas banks in China have reached US$l33 billion with 364 domestic outlets opened in 25 cities by the end of June, according to statistics from China's banking regulator. Since China fully opened its banking sector to foreign
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  • Page 15 Advertisements
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  • ASIA-PACIFIC/WORLD
    • 898 16  -  ANDREW MARKS WALL STREET INSIGHT Impact of credit market turmoil on Q3 earnings, US economy's ability to stave off recession, oil price surge top concerns FROM the Fed and lower interest rates to corporate quarterly earnings, the stock market enjoyed a week of
      898 words
    • 298 16 [SOCHI, Russia] Russia will invest US$l trillion in infrastructure over the next 10 years and aims to open access to monopolised sectors of the economy, acting First Deputy Prime Minister Sergei Ivanov said on Friday. The state would contribute about 20 per cent
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    • 628 16 Reuters Leader's normality may be what Japan needs right now [TOKYO] He shies away from kissing babies, once forgot his own campaign slogan and isn't known for snappy sound-bites. But fans of 71-year-old Yasuo Fukuda say his bland air of normality may be what Japan
      – Reuters; REUTERS  -  628 words
    • 306 16 ■AFP [YANGON] Emboldened after a march to see Myanmar's detained democracy icon Aung San Suu Kyi on Saturday, 20,000 people led by Buddhist monks yesterday launched their biggest challenge yet against the ruling junta. They marched in the pouring rain in Yangon
      ■AFP  -  306 words
  • Page 16 Advertisements
    • 1563 16 I JOINN HOLDINGS LIMITED igfp (Company Registration No. EC*****) %M (Incorporated in Bemiuda on 9 June 2000) NOTICE OF SPECIAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT a Special General Meeting CSGW) of Joinn Holdings Limited (the "Company") will be held at Sheraton Towers Singapore, Amber Room, Level 2, 39
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  • WORLD
    • 247 17 Reuters [PARIS] The world's best-known mime artist, Marcel Marceau, has died aged 84, French Prime Minister Francois Fillon's office said yesterday. For decades, Mr Marceau epitomised the silent art, eliciting laughter and tears from audiences around the globe. His comic and tragic sketches appeal on
      – Reuters; AFP  -  247 words
    • 304 17 -Bloomberg Investors to get more say in election of board members [NEW YORK] Hewlett-Pack-ard, submitting to investor demands, approved plans to tie executives' pay more closely to financial performance and to give investors more say in the election of board members. Stock grants
      -Bloomberg  -  304 words
    • 249 17 Bloomberg [NEW YORK] Callan Associates, the San Francisco adviser to pensions overseeing more than US$9OO billion, received a cease-and-desist order from US regulators for not telling clients about a conflict of interest. Callan inadequately disclosed agreements with its preferred securities broker, BNY
      Bloomberg  -  249 words
    • 515 17 ■AP SUB-PRIME FALLOUT Few takers for leveraged loan debt; credit markets are still unsettled [NEW YORK] Wall Street brokerages put on a united front last week when it came to the credit crisis: the worst is behind and business is going
      ■AP  -  515 words
    • 315 17 Bloomberg [NEW YORK] Kohlberg Kravis Roberts (KKR) and Goldman Sachs Group abandoned their US$B billion takeover of Harman International Industries, maker of Infinity and JBL audio equipment, citing a decline in the firm's performance. KKR and Goldman Sachs told the company last Friday
      ■ Bloomberg  -  315 words
    • 233 17 Bloomberg [TOKYO] Japan's largest bank may have to revalue its securities holdings at a "significantly lower price" because of credit market turmoil triggered by sub-prime mortgage defaults in the US. Prices for some securities have declined, while others may not have been "properly quoted",
      Bloomberg  -  233 words
    • 406 17 Reuters [NEW YORK] HSBC Holdings, Europe's biggest bank, said last Friday that it is closing its US sub-prime mortgage unit, cutting 750 jobs and taking US$945 million in charges and write-downs. It said that the business is no longer sustainable. For London-based HSBC,
      ■ Reuters  -  406 words
  • Page 17 Advertisements
    • 213 17 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
      213 words

  • AVIATION/SHIPPING
    • 479 18 AFP Listing likely in three years; money will be used to buy new aircraft [KUALA LUMPUR] Malaysia's long-haul budget carrier Air Asia X plans to raise RMI billion (***** million) on the local bourse to fund the purchase of new aircraft
      AFP  -  479 words
    • 545 18  - Growth in July business air travel dipped to 1 YEN SREENIVASAN By [SINGAPORE] Global business air travel volumes slowed down slightly to one per cent in July, compared to 1.9 per cent growth in June, hit somewhat by the looming uncertainty in the financial markets. However, the latest numbers released
      545 words
    • 161 18 Xinhua [BEIJING] China National Offshore Oil Company Limited (CNOOC), the country's largest offshore oil and gas producer, has signed an agreement on exploiting energy resources with China Ocean Shipping (Group) Company (Cosco Group), China's largest shipping group. The two sides have agreed to
      – Xinhua  -  161 words
    • 242 18 Bloomberg [DUBLIN] Onesl pic, an Irish investment company, and shipping line Doyle Group Ltd have raised their offer for ferry operator Irish Continental Group pic to 642 million euros (551.36 billion), topping a bid from management. The pair bought rights to
      – Bloomberg  -  242 words
    • 2385 18 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
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  • Page 18 Advertisements
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  • Page 18 Miscellaneous
    • 324 18 CRYPTIC CROSSWORD fl [2 I [3 I |4 M^ I [6 I p I p I I Ri i^H^ 1-!^^ Fm i^^ I Fm^ _i' M H MMM^^MMM H H H I Rs i^n H I i^ I P i^B^-^ I p/ i^ ACROSS 4 A hostile state (6) I
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  • MARITIME WEEK 2007
    • 1225 19 SURENDREN APPAROO looks at what Singapore is doing to protect the marine environment S HIPPING is responsible for some 90 per cent of world trade. As shipping activity is poised to grow with the predicted growth of the world economy, there is a need to consider
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  • Page 19 Advertisements
    • 332 19 Illn I rl i rid/ I I I I <■ V Photo AI J^^^BWfL VI Back row: I j^ T Mr Jean-Yves' M L'B BV|l Legouas, Senior VA flj £'VJ BUHu H^K I Maritime Specialist, v JH Intßrnational Labour office, Mr Shigeru Wada, 1 Regional Secretary for Asia Pacific Region,
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  • SINGAPORE STOCKS
    • 221 20 Alle ireen 0.51 1.730 -0.030 JMH 3.27 28.600 +0.100 SPC 0.46 6.250 -0.050 Ascendasreit 0.91 2.600 +0.010 JSH 2.02 15.200 +0.200 SPH 2.79 4.300 -0.060 iComm 0.53 2.700 -0.080 Jardine C&C 0.83 17.000 -0.400 STEne 1.59 3.740 -0.120 iLand 5.04 8.000 -0.050 Jurone Tech 0.03 0.730
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    • 107 20 Up Down Unch Up Down Unch Up Down Unch Multi Ind 12 7 1 0 0 0 12 7 1 Manufacturing 64 133 43 20 27 84 160 50 Commerce 26 41 18 13 10 39 51 19 r/C. ems 11 23 13 23 Finance 20 10
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    • 128 20 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 119.324 119.324 521.497 521.497 Manufacturing 2.090.357 1.054.168 3.144.525 1.554.380 329.451 1.883.831 Commerce 1.000.064 83.410 1.083.474 626.213 26.127 652.340 674.652 13.280 687.932 1.859.411 11.900 1.871.311 Finance 270.999 176 271.175 3.499.211 43 3.499.254 Construction 501.028 112.296 613.324
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    • 8606 20 Week ended: Sep 21 52-wks Tel |h Low Code Last Sale Vol ('000) Hii Week Last Quote |h Low Buyer Seller Div GrYld Net C'vr P/E MCap $mil Hi* Com| >an] 3.5 2 5716 1st Software 11 6.5 3148 STelecom 34 17.5 5834 A-Sonic 104 98 6389 ABF
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    • 79 20 52-Wk Tel High Low Code Last Sale Vol C000] Day Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Coi Hie ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170
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    • 2211 20 52-Wk Tel High Low Code Last Sale Vol C000] Day Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hie 30 13 1181 AAGrp 41.5 18 5000 ABR Hldgs 31 25 8538 APStrategec 16.5 1.5 1501 Advanced System 70.5 9.5 1524 Alantac 22.5 8
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    • 244 20 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
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  • FINANCE & COMMODITIES
    • 370 21 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Se| 21 World Index Preliminary 1163.3 0.4 5.7 0.5 6.9 0.4 8.' EAFE Preliminary 1142.7 0.1 3.2 0.2 6.5 0.0 8.I Euro[ Preliminary 1567.5 0.4
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    • 62 21 Sep 21 Delivery Month Opening Range Sett Av Price Price Hii Vol Open Done Position Low Oct 07 2605 2621 2621 2604 1617 9299 Nov 07 2599 2614 2616 2588 3014 ***** Dec 07 2585 2606 2608 2580 6688 ***** Jan 08 2571 2600 2600 2571 1037 2849
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    • 22 21 Sep 21" STI IIMSCI Se 438.3 439.1 436.7 "aiwan Se 347.2 353.3 352.8 Source: MF Global (S) Pte. Lt(
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    • 22 21 Sep 21 S$ Bid Offer 1-month 1.5017 1.5025 2-months 1.4980 1.499 3-months 1.4948 1.4959 6-months 1.4866 1.4877 Source: OCBC
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    • 154 21 Sep 21 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3043 1.3056 0.8665 0.8670 Canadian dollar 1.5073 1.5083 1.0014 1.0016 Euro 2.1192 2.1205 1.4079 1.4081 NZ dollar 1.1163 1.1178 0.7416 0.7423 Sterline ind 3.0318 3.0338 2.0142 2.0141 US dollar 1.5052 1.5059
      154 words
    • 284 21 Sep 21 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 08 331.50 331.50 332.00 333.25 337.00 339.25 RSS 3 (US cents/kg) Month Hig ah Low Sett Volume (tonnes)
      284 words
    • 130 21 As at 9am Sep 21 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.3000 1.3160 Can dollar 1.4940 1.5120 Euro 2.1060 2.1300 NZ dollar 1.1100 1.1340 Sterline 3.0070 3.041 US dollar 1.4960 1.5130 Local dollars to 100 units of foreign currency:
      130 words
    • 161 21 Sep 21 Overnight 2 5/16 1 -month 2 7/16 2-months 2 1/2 3-months 2 9/16 Overnight mode: 2 3/16 US$ Offer 2 3/16 2 5/16 2 3/8 2 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 5.05 5.20 5.20
      161 words
    • 468 21 Sep 21 AS CS Rmb Euro HKS Ind Rs Ru| Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.865 6.502 0.616 6.747 34.570 79.602 0.997 7.983 2.989 1.168 52.538 39.238 1.305 6.106 1.016 28.565 29.669 0.430 0.867 Canada 1.155 7.513
      468 words
    • 183 21 Sep 21 GOLD (USS/oz) Sep 20 Sep 21 GOLD BULLION COINS (SS) Sellini Hong Kong London 727.50 735.60 728.50 736.60 Sep 20 Sep 19 734.75 722.85 735.45 723.55 Source: Reuters (SS) Selling Buying 1 oz 1230.5 1102 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $431.21 354 SILVER
      183 words
    • 78 21 Sep 21 (US$) (S$) 5.***** 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** 1 mth 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 9 mths 12 mths 5.***** 4.***** 4.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs
      78 words
    • 94 21 Sep 21 Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****N 21.12.07 1-Year BY*****V 30.04.08 2.09 2.14 2.01 2.13 I 2.01 3 2.13 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hicjl Day's |h Low 2-Year N*****0Z 2.375 5-Year N*****0A 2.625 7-Year NX*****F
      94 words
    • 70 21 Sep 21 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2352.80 2387.50 3 months 2407.00 2442.00 Copper, Grade A (USS/tonne) Cash 3 months 7929.00 7885.00 7932.00 7890.00 Lead (USS/tonne) Cash 3434.00 3 months 3359.00 3301.20 3255.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3
      70 words
    • 105 21 Sep 21 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 07 979.00 988.50 989.50 978.00 Jan 08 994.50 1004.25 1004.50 993.50 Mar 08 1002.50 1011.00 1012.00 1002.00 May 08 1001.00 1009.50 1009.50 1001.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Oct 07 38.99 39.44 39.50
      105 words
    • 82 21 Sep 21 (£/tonne) Close Prev Hii ih/Low Dec 07 996 999 1003/979 Mar 08 1008 1012 1016/992 May 08 1016 1020 1023/1013 Jul 08 1025 1025 1027/1013 COFFEE (USS/tonne) Close Pev High/Low Sep 07 1817 1880 1865/1820 Nov 07 1867 1916 1924/1851 Jan 08 1792 1823 1824/1782 Mar 08
      82 words
    • 80 21 CRUDE OIL PRODUCTS Sep 20 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1 -Mth F) 78.21 -0.06 WTI (Near Mth) 83.90 2.06 Dubai (1 -Mth F) 74.2 0.08 Tapis blend 83.55 0.25 Minas 77.75 -0.25 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 77.15 91.55 -0.23 -0.5 USS/barrel
      80 words
    • 4179 21 BONDS WARRANTS rel ZodeComi Last Sale +orVol Conv Exer ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left 2058 Advance Modules Grp W*****3 5.5 -0.5 400 2036 Advance SCT Ltd W*****9 27.5 1 2321 1674 Allgreen RB ECW*****0 2 -4 530 2835 Allgreen RBeCW*****6 6.5 -1.5 415 2227 Ascendas
      4,179 words
  • Page 21 Advertisements

  • Page 22 Advertisements
    • 2830 22 m The Business Times Shipping Times t*-l ttilil* EPiFIM?™ id 3 IMS l^gßl UK CONTINENT SERVICE U.S.A SERVICE TOffihTOtf^ffffl^ Destination Destination m^g STXPO TBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL I.NTERAS.A RORO SERVCE 1 VESSEL/VOY RAMPQCT) HEIGHT(M) PKG KCH LCB SIN JKT Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia STRAITS
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  • Page 23 Advertisements
    • 3987 23 WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/R II PT A CTPTUIV _H A 1? I HV.PTI? I TTI C<k Clb± TtCA %rm\ ■■>■ iiiip* TEL: *****588 (14 LINES) FAX:*****163 I fT EjJ\& 1 _C_ J_Yl> _^_lV ___11> ILIY, LIU I fjj|s N-J L^J J iSO^/ Y\\M\ IA/AN lIAI INFV Customer Service/Bookings
      3,987 words

  • Page 24 Advertisements
    • 5852 24 F^^^B^E^B^K^H^^^^l I !9 Nordana (Asia) Pte Ltd t^Zl^] GLORY NAVIGATION GROUpI M^JmwSM E3| MM WmM MMMMM Bii^BM 70 Shenton Way, #21 -03 Marina House Singapore *****8 ■^^■*LHt %kW% F^-^s] i^^ll^l^HlAaßßHHlM^AißlAiflkMAl^l^^l^^Sl^^Ml^^^^l^ffil^l^l NORTH WEST EXPRESS LINE lm lnr OWNS OPERATES THE YOUNGEST FLEE! [■■■■■■■■■■■■■■■■■■■■■■■■JM MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [iaTES
      5,852 words

  • BizIT
    • 849 25  -  WINSTON CHAI HK firm confident of meeting 2012 deadline REDOUBLING its efforts to clinch the mammoth contract to build Singapore's new broadband highway, HKBN (Hong Kong Broadband Network) has been showcasing its high-speed technology to Singapore executives, and has also formed a
      849 words
    • <what's up>
      • 64 25 CANON has extended its partnership with document management solutions provider ParaDM to Singapore following their cooperation in Hong Kong and Taiwan. Canon will be offering ParaDM's document management and workflow solutions on Canon multi-function devices to help corporate customers simplify the digitisation and management of documents
        64 words
      • 107 25 COMMUNICATIONS service provider Verizon Business has extended a new security product to protect companies against Web-based attacks to the Asia-Pacific region. Called Denial of Service (DoS) Defense Mitigation, the offering was previously limited to Europe and the United States. Distributed DoS attacks are often
        107 words
      • 102 25 SAMSUNG is on the lookout for a local representative to be Singapore's torch bearer for the Beijing 2008 Olympic Games. To help narrow the field, the company, a presenting partner for the event, is calling for entries on its website at http://www. Samsung, com/
        102 words
      • 65 25 hacking competition FOLLOWING the original AIRRAID wireless hacking tournament, homegrown security firm Think Secure has organised AIRRAID 2 a wired and wireless hacking competition that will be held in Bangkok. The competition will see competitors in teams of up to four, trying to hack into an enterprise infrastructure
        65 words
    • 963 25 It expects to double its business revenue in the Singapore market this year, the head of its digital printing division's strategic marketing team tells AMIT ROY CHOUDHURY RIDING on spectacular global growth, the printer division of Korean electronics major Samsung Electronics
      963 words
    • 499 27  -  ROLAND LIM This year, 34% of Spore LCD monitor shipments expected to be widescreen IF you are getting a new monitor in Singapore next year you will most likely end up purchasing a widescreen LCD model, according to technology research house IDC. "In
      499 words
    • 253 27 Reuters [CHIBA] Sony Corp said last week it would postpone the launch of its "Home" virtual community service for its Play Station 3 game console to early next year, the latest setback in its video game battle with Microsoft Corp
      Reuters  -  253 words
    • <what's new>
      • 114 27 LG ELECTRONICS has unveiled the KSIO (above), the latest addition to its line-up of HSDPA (high speed downlink packet access)-enabled handsets. With HSDPA support, users can surf the Web at near broadband speeds through the phone's Internet browser. A mobile version of Google is also
        114 words
      • 133 27 FUJITSU has launched the fi-6000NS, an A 4 colour network scanner featuring a unique touch-screen LCD display and an integrated keyboard. The display will allow users to verify scanned images before sending them out via e-mail or fax while the keyboard allows them to key in
        133 words
      • 75 27 HEWLETT-PACKARD is hoping to lure Singapore gamers to its new desktop replacement notebook called the "Dragon" which comes with a plethora of features to appeal to demanding computer users. Also called the HP Pavilion HDX, the laptop boasts a 20.1-inch screen and is the largest offered
        75 words
      • 129 27 MOTOROLA has taken the wraps off the Motokrzr K3m (below), the newest member of its family of slim fashion handsets. Unlike its predecessors, the new phone supports HSDPA so users can surf the Web and transfer data over the airwaves at higher speeds than
        129 words
    • BizIT FOCUS
      • 806 28 NEW TECHNOLOGIES Next generation displays promise to surround the viewer with higher quality digital images, reports ROLAND LIM A PICTURE tells a thousand words, or so the saying goes, and in the context of today's digital world you will most certainly need a digital display
        806 words
      • 907 28  -  AMIT ROY CHOUDHURY THE art of encrypting documents to hide their actual contents has been around for thousands of years. However, it has been sparingly used in the past because of time, cost and effort required. Encryption techniques have come to their own in
        907 words
      • 760 29  -  DARRIC HOR &lt;you say&gt; IT assets are not only one of the biggest expenditures for a company but also consume a lot of power ENVIRONMENTALLY friendly corporate action is gaining momentum across businesses around the globe. Alternative fuel and power sources are becoming readily available
        760 words
      • 353 29 -AP Device will go on sale in Britain, Germany in Nov [PARIS] France Telecom last Thursday became the latest European operator to announce it has clinched a deal with Apple Inc to sell the iPhone, marketing it via its wireless arm Orange. The
        -AP; BLOOMBERG  -  353 words
      • 382 29 Reuters [SAN FRANCISCO] Google Inc said last week it is testing a new interactive service that lets advertisers measure users' responses in advanced ways using video or images on Google's vast base of affiliated websites. The top provider of Web searching has been
        ■ Reuters  -  382 words
  • Page 25 Advertisements
    • 12 25 Lianhe Zaobao I I Three bosses I I tales of joys^^ I
      12 words
    • 66 25 I til- HHHk: :.;MMh BUY/SELL i _t rt ROLEX/PATEK PHILIPPE s& -?z Jt* BREGUET/PIAGET/AP JgL VACHERON/IWC/JAEGER •#Ol-45A Peninsula Plaza 6334 0155 (ffi#*M) •#O2-90K People's Park Complex 6327 4628 CfrftSf) •#Ol-45 Theßencoolen 6333 1921 (E^iHSl^JilPi^) •#Ol-51 Orchard Plaza 6836 3272 (415-Wikfl^) •#Ol-46 Peninsula Plaza *****919 (*fi#^:M) •#Ol-44 People's Park Centre 6533
      66 words
  • Page 25 Miscellaneous

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    • 35 26 HOW WILL AVAYA CHANGE THE WAY YOU WORK? I can switch from a land line to my mobile without Mm customers noticing, m m \M ml\ BVINk. i!\ 1 iff' IB INTELLIGENT COMMUNICATIONS J Ft
      35 words

  • Page 27 Advertisements
    • 112 27 I /[P1 d«l- 03 PROJECTIONS Microsoft Excel —-"-"^^^^^^fc— I -s Home Insert fag? Layout Formulas Data Review View ftdd-Ins —p^H^^^^^^^Hi^^Hi^^^^^^^^^fe I I A B CDEFGHIiKLM N 5 Ffc'tii fcwi rt^^Ste^ 305,000 —-^^—i—i^^Ml^^M^^^ I 9 Anton Penning ©I*l"^™ j _IZ^™.A l^l^^fc" 113 Sales and Marketing Costs ttS^n*"*™' eqU"!;l tarn M€*tmeCanferer":ln9®nor"!i CQm
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  • Page 28 Advertisements
    • 243 28 THE POSSIBILITIES ARE INFINITE T^T TIITCI I '$W?&/0&0Mjlm m Fujitsu's range of ETERNUS disk array storage system (SAN) offers PPPPI •::::^:::::;:::.';^:::v':::%% y°u the ultimate in scalability and business continuity, providing a J V $M?s&£sJjsWl solution for every need -beit a novice SAN user, SMEs or large Hj^Wf a 'W£o£:£&otffff£:, organizations.
      243 words
    • 16 28 This series is brought to you by FUJITSU ASIA PTE LTD FUJITSU THE POSSIBILITIES ARE INFINITE
      16 words

  • Page 29 Advertisements
    • 1480 29 NOTICE OF^MEETING OF THE COMPANIES Aa, CAP. 50 nj-± In The Matter Of AND 50 inthemaherof JflEfSji SUNLIGHT 1. INDOPURA (2002) PTE. LTD. EMGEE REALTY PTE LTD 9dl7ei?pmlnts (Co Reg. No. *****7043 D) (IN MEMBERS' VOLUNTARY SUNLIGHT GROUP HLDG LTD (In Creditor,' Voluntary Liquidation] LIQUIDATION) SC GLOBAL DEVELOPMENTS LTD (the
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  • Page 30 Advertisements
    • 217 30 IB c^ r IB'!' I■■' fV In. Ml I I I v-T' '''i 'I I ;:-:':e i 'II "j M i U t N^ w. "r^y.. ARRIVE IN PARIS BY DAY OR BY NIGHT WITH SINGAPORE AIRLINES. ■^^^^H WITH 3 EXTRA FLIGHTS, YOU CAN CHOOSE FROM 10 WEEKLY FLIGHTS TO
      217 words