The Business Times, 6 October 2007

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL28543
Total Pages: 20
1 20 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents mS* A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 October 6-7,2007 online at http://business-times.asial .com.sg
    22 words
  • Article, Illustration
    Lock icon F&N CEO quits over differences with board
    707 1  -  CONRAD RAJ Chairman to oversee management till successor is found [SINGAPORE] When Lee Hsien Yang takes over as chairman and non-execu-tive director of Fraser Neave on Oct 15, he will find himself playing a more hands-on role than he may earlier have anticipated.
    707 words
  • Article
    Lock icon 4 fresh faces in new-look ST Index
    896 1  -  CONRAD TAN SGX, SPH, FTSE 22 old ones make way; new indices go 'live' in Jan [SINGAPORE] The stocks to be included in the revamped 30-member Straits Times Index (STI) and details of five new indices for the Singapore stock market were revealed
    SGX, SPH, FTSE  -  896 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      44 1 Friday 1,372.39 lange +2.55 1COMP IIKKEI225 17,065.04 -27.45 IANG SENG 27,831.52 +857.54 ;et index 852.33 +3.38 JAKARTA COM P 2,500.58 +27.43 IANILACOMP 3,775.91 +0.45 ;eoulcomp 1,996.03 -7.57 ;henzhen b Closed IUMBAI IND 17,773.36 -3.78 12NOONEDT Change 14,073.41 +99.10 )OW IAS DAI 2,773.43 +39.86
      44 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.427 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 4.13 INDIA 12.75 Source:
      ■ Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ per US$) 1.476 (US$/S$ )er£) 2.035 3.004 ;URO(US$/S$/E) 1.411 2.084 'EN 116.50 78.90 3.407 2.308 IK$ 7.757 5.254 !AHT 34.24 23.19 lUPIAH 9,105 6,167 1ENMINBI 7.506 5.084 INDIAN RUPEE 39.48 26.74 1.123 0.761 IZ$ 1.321 0.895
      39 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Lock icon Island Power puts station on hold over gas supply tangle
      488 2  -  RONNIE LIM 6-month suspension will let it revise deal with ConocoPhillips, BPMigas: sources [SINGAPORE] US-owned Island Power has suspended construction of its Ssl billion, 785-mega-watt power station on Jurong Island. This shock move comes after an Indonesian deal for piped
      488 words
    • Article, Illustration
      Lock icon Uncommon schooling: one parent's story
      715 2  -  SIOW LI SEN SATURDAY SOAPBOX The chance she takes offers perspectives for Singaporeans LAST month, I attended my son's school valedictory dinner. During pre-dinner drinks, one of the English teachers asked if I knew that my son and a friend regularly entertained the teachers on
      715 words
    • Article, Illustration
      Lock icon One done deal, two around the corner as office blocks change hands
      742 2  -  KALPANA RASHIWALA Key Point sold for $370 m; talks on for 78 Shenton Way and Hitachi Tower [SINGAPORE] Office blocks continue to change hands as the market sizzles. Allco Commercial Real Estate Investment Trust has just bought Key
      FILE PHOTO  -  742 words
    • Article
      Lock icon Barclays withdraws takeover offer for ABN Amro
      351 2 AP, Reuters [AMSTERDAM] British bank Barclays pic withdrew its takeover offer for ABN Amro Holding NY yesterday, saying not enough shareholders tendered their shares. The concession, which had been widely expected, leaves a consortium led by Royal Bank of Scotland (RBS) in position
      AP, Reuters  -  351 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Memstar disappears from view again in heavy trade
        58 2 FOR the second time this week, trading volume in Sesdaq's latest entrant Memstar Technology yesterday crossed one billion units, making it vanish from the top-volume lists. This time round, the Singapore Exchange apologised for the shortcomings of its system, which will be
        58 words
      • Article
        Lock icon Maker of oil extraction equipment launches IPO
        57 2 CHINA Oilfield Technology Services is selling 211.6 million shares in an initial public offer, with 3.23 million shares available to the public. The units will be sold at 60 cents apiece, which is over 22 times the firm's FY2006 earnings per share of
        57 words
      • Article
        Lock icon BP not cutting headcount in Asia: sources
        70 2 BP Singapore has assured the 350 traders and back-office staff at its multi-billion-dollar trading operation here that their jobs are safe. Insiders told BT the assurances were given via internal e-mail and at private meetings, after a report from London on Wednesday said
        70 words
      • Article
        Lock icon Aviva launches its Elder Shield plan
        61 2 AVIVA, the newest entrant to the long-term care scheme Elder Shield, yesterday unveiled a plan that offered a number of innovations, including payouts for life and a payout as well for dependants. Elder Shield is an insurance plan to cover severe disabilities in old
        61 words
      • Article
        Lock icon Yudhoyono non-committal on seeking re-election
        73 2 INDONESIAN President Susilo Bambang Yudhoyono has finally broken his silence on whether he will stand for the 2009 election without giving a definite yes or no. "If I think that it is good for the people and the nation, then God willing I will proceed,"
        73 words
      • Article
        Lock icon Wholesale prices for week ended Sept 22 up 3.42%
        56 2 India's inflation unexpectedly accelerated for the first time in six weeks as prices of steel, chemicals and other manufactured products rose. Wholesale prices increased 3.42 per cent in the week ended Sept 22, compared with a 3.23 per cent gain in
        56 words
      • Article
        Lock icon Film mogul turns Hong Kong into Hollywood East
        58 2 RUN Run Shaw, who popularised Chinese gongfu films in the West and helped turn Hong Kong into a "Hollywood East", celebrates his 100 th birthday this month. Over an 80-year career, he built the prolific Shaw Brothers film empire and the TVB
        58 words
      • Article
        Lock icon Jobless rate up despite sharp rise in payrolls
        68 2 JOB creation in the United States picked up in September but not enough to stop the unemployment rate from rising to 4.7 per cent, the highest in just over a year. The new job market snapshot released by the Labor Department yesterday
        68 words
      • Article
        Lock icon US businesswomen and the million-$ question
        70 2 IT is a well-known and oft-quoted fact that women are starting businesses in the United States at twice the rate of men. That these businesses aren't doing all that well is far less talked about. Only 3 per cent have revenue exceeding US$l million.
        70 words
Page thumbnail Page 3
  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon A wine phenomenon called Wolf Blass
      2219 3 'My wines make weak men strong and strong women weak!' HE HAS the energy of a man half his 73 years, speaks freely about everything under the sun (sex, wine, rock 'n roll) and is in the habit of donning bow ties that are
      2,219 words
    • Article
      Lock icon Raffles
      98 3 Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the world's top hotel brands in the 2006 Conde Nast Traveler Business Travel Awards, Raffles Hotels Resorts is a collection of luxury hotels that distinguishes itself through the highest
      98 words
Page thumbnail Page 4
  • COMPANY NEWS
    • Article
      Lock icon Memstar disappears from view again in heavy trade
      362 4  -  R SIVANITHY As counter crosses 1b in volume again, SGX says 'sorry' for system's failing FOR the second time this week, trading volume in Sesdaq's latest entrant Memstar Technology yesterday crossed one billion units, making it vanish from the top-vol-ume lists shown
      362 words
    • Article, Illustration
      Lock icon MediaRing acquires Cavu Corp for $22m
      355 4  -  AMIT ROY CHOUDHURY Cavu is Mediaßing's third acquisition in the last two years MEDIARING, which provides Voice over Internet Protocol (VoIP) services, is acquiring Cavu Corp, a Singapore-based IT infrastructure services provider, for $22 million in cash and shares. Cavu, which was set up
      355 words
    • Article, Illustration
      Lock icon Utac investors' nod for buyout
      477 4 Bloomberg UNITED Test Assembly Center Ltd (Utac) shareholders have approved a takeover by TPG Inc and Affinity Equity Partners Ltd in Asia's third-biggest private equity buyout this year. About 95 per cent of investors present at a shareholders' meeting of Singapore's second-largest chip tester voted
      Bloomberg; FILE PHOTO  -  477 words
    • Article, Illustration
      Lock icon Techcomp raises $11.5m for expansion
      211 4  -  AMITROYCHOUDHURY TECHCOMP (Holdings), a China distributor and manufacturer of proprietary high-technology testing equipment, has raised net proceeds of about $11.5 million from a share placement to support its business expansion. It completed its placement of 20 million new shares at 60 cents each yesterday. The
      211 words
    • Article, Illustration
      Lock icon Late push by penny stocks; STI hits new high
      574 4  -  R SIVANITHY STOCKS Record-setting SGX leads blue chips' charge; penny stock Memstar in focus FOR the most part, the recovery of the past fortnight has been all about blue chips, led by the record-breaking Singapore Exchange (SGX), whose shares continued to
      574 words
    • Article, Illustration
      Lock icon Maker of oil extraction equipment launches IPO
      510 5  -  MATTHEW PHAN China Oilfield to offer 211.6 m shares at 60 cents, hopes to net $71 million AS energy prices soar ever higher, another supporting player in the oil and gas industry is making a bid for a Singapore listing. China Oilfield Technology
      FILE PHOTO  -  510 words
    • Article
      Lock icon Asiatravel: Q4 'room nights' grow 34%
      165 5 ASIATRAVEI.COM Holdings, which ended its financial year on Sept 30, said yesterday its core online hotel reservation business continued to grow in the fourth quarter of FY2007. On average, online monthly room nights showed respective growth of 36 per cent, 28 per cent and
      165 words
    • COMPANY BRIEFS
      • Article
        Lock icon Lian Beng takes 20% stake in condo
        55 5 CONSTRUCTION group Lian Beng is taking a 20 per cent stake in a condo development on a site next to Kovan MRT Station that was awarded to Duke Development earlier this week. In addition, Lian Beng has clinched a $200 million construction contract
        55 words
      • Article
        Lock icon OHLF will vote for delisting ICIL
        64 5 INTERNATIONAL Capital Investment Ltd (ICIL) said yesterday that controlling shareholder Oei Hong Leong Foundation (OHLF) had on Wednesday undertaken to vote in favour of the delisting resolution at the extraordinary general meeting (EGM). OHLF owns about 76.14 per cent of ICIL, more than the
        64 words
    • Article
      Lock icon Pacific Star hoping to attract more US investors
      408 5 Reuters PACIFIC Star Group, a Sin-gapore-based real estate investment and fond management firm, wants to lure more US institutions to invest in Asian property even as it steps up capital raising from European sources. The group, which manages about US$4 billion in
      – Reuters  -  408 words
    • Article
      Lock icon SIA signs code-share deal with US Airways
      218 5  -  YEN SREENIVASAN I By SINGAPORE Airlines has signed a code-share deal with US Airways so SIA passengers can connect direct to Las Vegas and Phoenix from SlA's West Coast gateways of San Francisco and Los Angeles. The arrangement, which kicks in tomorrow, will
      218 words
    • Article
      Lock icon Top 50 FTSE ST China Index starting members
      163 5 :SGX,SPH,FTSE Asia Dekor Holdings Asia Environment Holdings AsiaPharm Group Bio-Treat Technology Bright World Precision Machinery C 0 Pharmaceutical Technology C&G Industrial Holdings Celestial NutriFoods China Angel Food China Aviation Oil China Dairy Group China Energy China Essence Group China Farm Equipment China
      :SGX,SPH,FTSE  -  163 words
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      439 4 GIVE ME MY CASHBACK! PLUSachanceto SHOP FOR FREE! Don't miss out on our fantastic CASH BACK* offer! With every purchase at Lorenzo, you'll get an immediate CASHBACK* of up to $500 OFF the usual price, PLUS a chance to SHOP FOR FREE*! So hurry on down to our 25,000 sq.
      439 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      25 5 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. NOTICES
      25 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      321 5 ROBINSON AND COMPANY, LIMITED Incorporated in Singapore Co. Reg.No. *****0011H NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Meritus Mandarin Singapore, Ballroom 3, 333 Orchard Road, Singapore *****7 on Tuesday, 30 October 2007 at 11.30 a.m. for
      321 words
Page thumbnail Page 6
  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon BROKERS' TAKE
      1015 6  -  MATTHEW PHAN AusGroup Oct 5 close: Ssl.BB Kirn Eng Research, Oct 5 Source: GETTING even hotter: AusGroup Ltd's (AGL) core competence in fabrication, mechanical installation, industrial maintenance and machining offers investors exposure to Australia's booming commodities sectors. Capital expenditure in Australia's mining industry alone hit A 518.6 billion
      : Bloomberg  -  1,015 words
    • Article, Illustration
      Lock icon State of the shipping industry
      1241 6  -  TEH HOOI LING SHOW ME THE MONEY RECENTLY I dropped in on Marine Money Asia Week, a conference that looked at the latest finance and investment opportuni--1 ties for the shipping and oil service sectors. I sat through several sessions, and for someone not too
      1,241 words
    • BT SHARE INFORMATION SERVICE
      • Article
        Lock icon SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
        729 6 Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per Shr SHAREHOLDING Before After C000) ('000) Stock Multi-Con Sys 4-Oct-07 Lim Peng Liang Sell 4028 na 9956 8.23 5928 4.90 China Angel Food 3-Oct-07 UOB Ltd "Buy 3000 0.64 ***** 4.40 ***** 5.34
        729 words
      • Article
        Lock icon COMPANY MEETINGS
        297 6 Ban Joo E 18 Cross Street, 8th Floor Marsh McLennan Centre Singapore *****3 08-Oct 1.30pm SuntecREIT E Level 3, Room 325 and 326 Suntec Singapore International Convention Exhibition Centre 1 Raffles Boulevard, Suntec City, Singapore *****3 08-Oct 2.30pm Novena Hldgs E 521 Bukit Batok Street 23, Singapore *****4
        297 words
  • Page 6 Advertisements
    • Advertisement
      Lock icon Page 6 Advertisements Column 1
      24 6 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      24 words
Page thumbnail Page 7
  • SINGAPORE NEWS
    • Article
      Lock icon BP not cutting headcount in Asia: sources
      401 7  -  RONNIE LIM Staff here told London report 'totally unsubstantiated' BP Singapore has assured the 350 traders and back-of-fice staff at its multi-bil-lion-dollar trading operation here that their jobs are safe. Insiders have told BT the assurances were given via internal e-mail messages and
      401 words
    • Article
      Lock icon Fashion, sports tenants pay highest base rents
      326 7  -  UMA SHANKARI FASHION, sports and fitness and gift and specialty retailers pay the highest base rents at Capita Land's malls, the developer said yesterday. In comparison, department stores, supermarkets and hypermarkets, leisure and entertainment and educational tenants pay the lowest base rents. The
      326 words
    • Article
      Lock icon Nanyang Business School has best MBA programme in S'pore
      255 7  -  HAN MIN CHUNG NANYANG Technological University's Nanyang Business School (NBS) has the best MBA programme in Singapore and one of the top 10 in Asia, says the Economist Intelligence Unit (EIU). In ElU's latest annual ranking of full-time MBA programmes, NBS
      255 words
    • Article
      Lock icon Singapore economy is showing signs of overheating: HSBC
      503 7 Bloomberg SINGAPORE'S economy risks overheating as home prices reach the highest in a decade, companies hire workers at an unprecedented pace and the stock market soars to record levels, economists say. Inflation at a 12-year high and an economy expanding "a little
      Bloomberg  -  503 words
    • Article, Illustration
      Lock icon Young Asia leaders meet to share ideas
      175 7 ALTHOUGH Asia is riding an economic boom driven by the twin engines China and India, its development is not insulated from vulnerabilities, President SR Nathan said yesterday. Speaking at the Asia 21 Young Leaders' Summit, Mr Nathan called on young leaders to think
      ARTHUR LEE  -  175 words
    • Article
      Lock icon Global economy seen weathering shocks
      315 7  -  UMA SHANKARI Asia except Japan will enjoy biggest growth: top banker THE global economy faces six to nine months of turbulence but will weather it without a crash, says Kenneth Courtis, former managing director and vicechairman of Goldman Sachs Asia. Prof Courtis was speaking at
      315 words
    • Article
      Lock icon MOE to increase publicly funded university places
      382 7  -  NISHA RAMCHANDANI THE Ministry of Education (MOE) expects to increase the number of publicly funded places at local universities from the current 23.5 per cent for each cohort to 25 per cent by 2009, instead of 2010 as originally forecast. MOE also plans
      382 words
    • Article
      Lock icon Aviva launches its ElderShield plan
      561 8  -  GENEVIEVE CUA Customers can choose to receive payouts for 12 years or for their lifetime AVIVA, the newest entrant to the long-term care scheme Elder Shield, yesterday unveiled a plan that offered a number of innovations, including payouts for life and a payout as well
      561 words
    • Article, Illustration
      Lock icon Get 20% off products at GNC Anchorpoint
      216 8 THE first wealth is health, according to author and philosopher Ralph Waldo Emerson. Too much stress, for instance, can weaken the immune system which, of course, increases one's vulnerability to illnesses, from minor colds to even strokes. Hence, dietary supplements are fast becoming
      216 words
    • Article
      Lock icon Singapore invited to UN session on Myanmar
      179 8 SINGAPORE has been invited to attend a meeting with the United Nations Security Council to discuss the situation in Myanmar, according to a statement issued yesterday by the office of Prime Minister Lee Hsien Loong. The statement said that UN Secretary-General Ban Xi
      179 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7702 8 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.101/ Star Europe Bond 1.204/ Star Europe Bal 1.268/ Star Asian Tiger Eqty 1.79/ Star Asia Bond 1.277/ Star Asia Balanced 1.125/ Star Global Technology Fund!" 0.245/ Multi St Fd 0.963/ Star Asia Bond(USD) 0.86/ Gib Multi St USD
      7,702 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      714 7 B R OA DWAY I II I.' T I L Jt F' L I r.l I T E C- I BROADWAY INDUSTRIAL GROUP LIMITED Incorporated in the Republic of Singapore Company Registration Number: *****5266K NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Broadway
      714 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Lock icon Page 8 Advertisements Column 1
      38 8 BTttH A BT-FRASERS CENTREPOINT MALLS JOINT PROMOTION Allianz Global Investors one of the world's largest asset managers with more Allianz (jji) than US$l.2 trillion assets under management as at 31 December 2006. Global lnvestors company regn. no *****7169Z
      38 words
Page thumbnail Page 9
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Yudhoyono non-committal on seeking re-election
      577 9  -  i LAUREL TEO He breaks silence, but refuses to be pinned down to a position just yet in Jakarta INDONESIAN President Susilo Bambang Yudhoyono has finally broken his silence on whether he will stand for the 2009 election without giving a definite yes or no.
      AFP  -  577 words
    • Article
      Lock icon BURSA MALAYSIA
      2383 9 let 5 RM C000) \&M Realty 0.97 \bricBhd 0.26 \dvance Synergy 0.36 \dventa Bhd 1.67 \eMulti Hldgs 0.30 Win Holdings 2.57 \hmad Zaki Resou 5.30 \ic Corp 0.56 ijrasia Bhd 1.94 \kn Messaging Te 0.19 \kn Technology 0.84 \lliance Financi 2.99 \luminium Co 1.28 \malgamated Ind 0.57 \minvestment
      2,383 words
    • Article
      Lock icon HSBC sees fast rise in Islamic insurance in M'sia, Asia
      253 9 Bloomberg [BANGKOK] HSBC Holdings pic, Europe's biggest bank by market value, said demand for its Islamic insurance products in Malaysia will rise "fast" as more young Muslims seek services that comply with religious law. Some 75,000 customers have paid RMISO
      Bloomberg  -  253 words
    • Article
      Lock icon Malaysia a top 20 FDI market: Unctad
      412 9 Bernama It trails leaders China, India but pips Indonesia, Spore [BANGKOK] Malaysia is ranked among the world's top 20 attractive economies for foreign direct investment (FDI), according to the World Investment Prospects Survey 2007-2009 released yesterday. The United Nations Conference on Trade and
      Bernama  -  412 words
    • Article
      Lock icon Scomi mulls assembly plants overseas
      305 9 [KUALA LUMPUR] Scomi Group Bhd may set up assembly plants overseas if it is successful in half of the bids it has made to supply trains, Malaysia's Business Times reported yesterday, quoting the company's top official. Its energy and logistics engineering unit, Scomi Engineering Bhd,
      305 words
  • Page 9 Advertisements
    • Advertisement
      Lock icon Page 9 Advertisements Column 1
      1049 9 Radiance Electronics Limited {Incorporated in Singapore) (Co. Reg. No.: *****2428H) NOTICE IS HEREBY GIVEN that the Annual General Meeting of RADIANCE ELECTRONICS LIMITED ("the Company") will be held at 21 Serangoon North Avenue 5, #05-02, Singapore *****4 on Monday, 22 October 2007 at 11:00 am for the following purposes: AS
      1,049 words
Page thumbnail Page 10
  • INDIA
    • Article, Illustration
      Lock icon India's art booming and shaking
      1010 10 ■NYT Prices have risen tenfold since 2002, almost doubling in the last two years [MUMBAI] For an uninitiated Westerner, making your way to one of this city's new art galleries can be a disorienting study in contrasts. In the crowded streets behind the Taj Mahal
      ■NYT; FILE PHOTO  -  1,010 words
    • Article
      Lock icon SGX MAINBOARD
      8554 10 Transaction date: Oct 5 High Low Code Company Sale C000) High ow Buyer Seller C'vr P/E $mil 3.5 2 5716 1st Software 22 6.5 3148 STelecom 34 17.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15.5 1938 AEI Corp 27 14 1100 AEM 42 10
      8,554 words
    • Article
      Lock icon Wholesale prices for week ended Sept 22 up 3.42%
      414 11 Bloomberg Surprise jump in inflation from 3.23% a week earlier is the first in 6 weeks [MUMBAI] India's inflation unexpectedly accelerated for the first time in six weeks as prices of steel, chemicals and other manufactured products rose. Wholesale prices increased
      Bloomberg  -  414 words
    • Article
      Lock icon Larsen proposes yard for warships
      188 11 Bloomberg [MUMBAI] Larsen Toubro, India's biggest engineering company, will build ships for the navy and companies at a proposed 20 billion rupee (***** million) shipyard, expanding the marine business to tap rising demand for sea transport. Ships capable of bearing up to 300,000 deadweight tonnes
      Bloomberg  -  188 words
    • SGX
      • Article
        Lock icon MOST ACTIVE STOCKS
        56 11 VOLUME Memstar 1,377,715,000 El-Nets 377,244,000 Global Voice 137,904,000 Digiland 105,401,000 Eastgate Tech 87,192,000 LantroVis 82,769,000 Lianßeng 82,181,000 HLH Grp 73,185,000 SunVic 72,451,000 Sapphire 67,583,000 VALUE (S) SGX 195,903,286 DBS Grp 125,787,738 Capita Land 102,960,500 UOB 88,914,580 S I A 77,902,000 Sing Tel 75,012,075 OCBC Bk 72,744,302 Yangzijiang
        56 words
      • Article
        Lock icon RISES
        89 11 CLOSE UP LD 10US$ 7270 132.8 1.3 China H 10US$ 2250 132.8 4.2 lardineC&C 1950 70.0 3.7 ;gx 1540 60.0 4.1 ;C Global 645 45.0 7.5 MH 2900 44.3 1.0 ;C Global W*****0 498 40.0 8.7 Ini-Asia 163 32.0 24.4 vsia Pac Brew 1370 30.0 2.2 CLOSE UP MacCookPSF
        89 words
      • Article
        Lock icon FALLS
        95 11 CLOSE DOWN ;TI 3100SGAePW*****9 6 -22.5 -78.9 'enture Con 1600 -20.0 -1.2 ir Korea 10US$ 595 -14.8 -1.7 .oscoCori ;GAeCW***** 174 -14.0 -7.4 'elon 344 -12.0 -3.4 :it> iev 1650 -10.0 -0.6 OL 510 -10.0 -1.9 ihani riLa Asia 2480 -9.5 -2.0 'etra 149 -9.0 -5.7 .yxor HangSeng 10US$
        95 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      86 11 Up Down Unch 8 2 7 Up Down Unch 0 0 0 Up Down Unch Multi Ind Manufacturim 87 73 57 15 18 12 102 91 69 Commerce 35 21 23 10 43 31 28 )t/Stor/Comms 19 11 11 20 13 11 Finance 20 20 lonstruction Pro
      86 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 11 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 27,221 27,221 85,126 85,126 Manufacturing 711,478 214,463 925,941 577,567 40,281 617,848 Commerce 410,230 13,828 424,058 145,329 3,872 149,200 )t/Stor/Comms 113,547 1,713 115,260 347,854 1,591 349,445 Finance 67,435 67,435 538,276 538,276 Construction 364,603 85,680 450,283 175,000
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      216 11 Jlgreen 0.52 1.910 +0.030 \scendasreit 0.84 2.590 +0.010 lapitaComm 0.51 2.800 +0.020 la pita Land 4.91 8.400 +0.050 :a pita Mall 0.91 3.860 +0.120 :hartSemiCond 0.49 1.020 -0.010 jtyDev 2.84 16.500 -0.100 lomfortDelGrc 1.24 1.970 +0.020 losco Corp 1.93 6.500 Creative Tech 0.14 6.150 -0.050 IBS
      216 words
    • Article
      Lock icon BONDS & WARRANTS
      2600 11 BONDS WARRANTS Fel Zode Com| Last Sale Vol Conv Exer +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left taw S779 ASL Marine Hldgs W*****1 111 >058 Advance Modules GrpW*****3 7 >835 Allgreen RBeCW*****6 10 >227 Ascendas REIT SGA ECW*****6 8.5 3798 Ascendas REIT SGA ECW*****3 34.5 1105
      2,600 words
    • Article
      Lock icon SGX SESDAQ
      2317 11 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum all
      2,317 words
    • Article
      Lock icon SGX XTRANET
      72 11 52-Wk Tel High Low Code Last Sale Vol COOQ) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E Sinil Comi >an' Hii ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO *****
      72 words
    • Article
      Lock icon CLOB INTERNATIONAL
      73 11 52-Wk Tel High Low Code Last Sale Vol cooo] Day |h Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi 'an: Hii 141 105 6000 AVJennings 21.5 5 6134 Over&Gen 64 15.9 6017 StarCruises 320 179 6019 TanChonglnt A124cd A12 US46.5 HK265 unch +2.5
      73 words
Page thumbnail Page 11
Page thumbnail Page 12
  • GREATER CHINA
    • Article, Illustration
      Lock icon Film mogul turns HK into Hollywood East
      827 12 Reuters Shaw Brothers and TVB's Run Run Shaw celebrates his 100 th birthday this month [HONG KONG] ONE of Hong Kong cinema's defining and enigmatic figures, Run Run Shaw, popularised Chinese gongfu films in the West and helped turn Hong Kong into a
      – Reuters; SHAW PRIZE FOUNDATION  -  827 words
    • Article, Illustration
      Lock icon Lust, Caution does a Hollywood, crossing NT$100m in Taiwan
      290 12 AP [HONG KONG] Ang Lee's award-winning Chinese-language spy thriller Lust, Caution has broken the 100 million dollar mark in his native Taiwan, a result usually only achieved by Hollywood blockbusters, one of the film's investors said yesterday. Lust, Caution has made
      AP; FOCUS FEATURES  -  290 words
    • Article
      Lock icon More checks urged for China food imports
      502 12 Bloomberg US report cites weak regulation and immoral importers [WASHINGTON] The United States should inspect more food imported from China because of weak regulation in that country and the willingness of smugglers to violate quality standards, according to a congressional report. Increased examinations
      Bloomberg  -  502 words
    • Article
      Lock icon Toys 'R' Us Asia recalls tainted Chinese toys
      361 12 Bloomberg [CLEVELAND] Toys "R" Us Asia Ltd, a unit of Hong Kong-based Li Fung Group, said it removed from its stores Chinesemade toys that contained lead, a day after eight US companies recalled products tainted with the dangerous metal. The Hong Kong-based
      Bloomberg  -  361 words
    • Article
      Lock icon China's Alibaba wins HK IPO approval: sources
      254 12 Reuters [HONG KONG] China's largest e-commerce company, Alibaba.com, has won approval from the Hong Kong Stock Exchange for a long-anticipated IPO expected to be worth roughly US$l billion, sources familiar with the deal said. Alibaba Group, which is partly owned by Yahoo Inc,
      – Reuters  -  254 words
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      340 12 Habitat Director, Regional Programs, Asia Pacific '111 TOr Humanity The Director Regional Programs directs HFHI's programs and strategies in all implementing countries in Asia Pacific. He/she will report directly to the Vice-President, AP. Responsibilities: Promote the growth of national organizations by encouraging adoption of HFHI's Standards of Habitat for Humanity
      340 words
Page thumbnail Page 13
  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Jobless rate up despite sharp rise in payrolls
      622 13 AP LATEST US DATA Tally of 110,000 new jobs in Sept better than expected by economists [WASHINGTON] Job creation in the United States picked up in September but not enough to stop the unemployment rate from rising to 4.7 per cent, the
      AP; BLOOMBERG  -  622 words
    • Article, Illustration
      Lock icon Ageing Japan eyes cutting-edge technology
      580 13 -AP [TOKYO] If you grow old in Japan, expect to be served by a feeding robot, ride a voice-recogni-tion wheelchair, and hire a nurse in a robotic suit all examples of cutting-edge technology to care for the country's rapidly greying population. With nearly 22 per
      -AP; AP  -  580 words
    • Article
      Lock icon Microsoft launches site to store sensitive health information
      331 13 AFP [SAN FRANCISCO] Microsoft went live on Thursday with a free online "Healthvault" billed as a US website where personal medical records can be stored and managed safe from snooping. The move puts the technology giant on delicate terrain as it tries
      AFP  -  331 words
    • Article, Illustration
      Lock icon Kamikaze flying fish
      602 13 Clipper Ventures THIRTEEN days into the race and it's not proving unlucky for the two lead boats, Durban 2010 and Beyond and Nova Scotia, as they continue to battle it out at the head of the fleet. The ever-strengthening trade winds have meant that they have been
      : Clipper Ventures  -  602 words
    • Article
      Lock icon Merrill to report Q3 loss on writedowns
      414 13 Reuters, Bloomberg First quarterly loss in 6 years due to losses on sub-prime loans [NEW YORK] Merrill Lynch Co said yesterday that it would post a third-quarter loss after writing down US$4.5 billion in collateralised debt obligations (CDO) and sub-prime mortgage holdings. Merrill
      Reuters,; Bloomberg  -  414 words
    • Article
      Lock icon World Bank to launch USssb bond fund
      151 13 Reuters [WASHINGTON] The World Bank will launch a US$5 billion bond fund that will invest in a basket of currencies from emerging markets aimed at helping develop countries' domestic capital markets. The Global Emerging Markets Local Currency Bond Fund, or Gemloc, is expected
      Reuters  -  151 words
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      234 13 ißMumflßzL^ *ertise d ri fat 1800-289 8822 Email fccmit@sph.com.sg An independent Oil Trading Company that is expanding into upstream and downstream assets is seeking a suitably qualified and experienced professional to develop and execute a business strategy for current and future upstream assets based out of our Singapore office. General
      234 words
Page thumbnail Page 14
  • WORLD
    • Article
      Lock icon US businesswomen and the million-$ question
      924 14 -NYT [NEW YORK] It is a well-known and oft-quoted fact that women are starting businesses in the United States at twice the rate of men. The result, according to the Center for Women's Business Research, is 10.4 million businesses owned by women nationwide. That
      -NYT  -  924 words
    • Article
      Lock icon US farm aid within WTO limits: American official
      609 14 AP [GENEVA] The United States broke three years of silence on Thursday on its trade-distorting farm subsidies, notifying the World Trade Organization of a farm aid level within the rules, but high enough to demonstrate the "real cuts" it insists it is
      AP  -  609 words
    • Article, Illustration
      Lock icon German court fines Siemens 201m euros
      345 14 -AP Prosecutors have also filed charges against a manager [FRANKFURT] A German court fined Siemens 201 million euros (Ss42o million), bringing to an end one of several investigations into allegations that employees made illegal payments in a bid to secure more contracts. The Munich
      -AP; AFP  -  345 words
    • Article, Illustration
      Lock icon London to get new £16b rail system
      630 14 Bloomberg It will start in 2017 and is forecast to carry 200 million passengers a year [LONDON] Prime Minister Gordon Brown yesterday gave the go-ahead for a £16 billion (5548.2 billion) rail system across London. The railway, proposed 18 years ago, will connect
      ■ Bloomberg; REUTERS  -  630 words
    • Article
      Lock icon Sub-prime delinquencies accelerating, Moody's says
      265 14 Bloomberg [NEW YORK] Sub-prime mortgage bonds created in the first half of this year contain loans that are going delinquent at the fastest rate ever, according to Moody's Investors Service. The average rate of "serious loan delinquencies" in the securities has been high- er than
      ■ Bloomberg  -  265 words
  • Page 14 Advertisements
Page thumbnail Page 15
  • MOTORING
    • Article, Illustration
      Lock icon GT thrill
      771 15 The new Porsche 911 GT2 is faster but at the same time, much safer, writes SAMUEL EE I OR something that is supposed to be Porsche's most powerful and fastest production model ever, the 911 GT2 doesn't really sound like a supercar (not that it is one, although
      771 words
    • Article, Illustration
      Lock icon Turbo heritage
      357 15 THE Porsche 911 GT2 shares many technical and visual similarities with the 911 Turbo. But several differences clearly make it a purpose-built track car. The GT2 has the same engine block and basic body as the Turbo, except that the 3.6-litre, horizontally opposed six-cylinder unit with twin turbos
      357 words
    • Article, Illustration
      Lock icon Estate of the art
      461 15 Long regarded as a brand which makes safe, solid but somewhat boring cars, Volvo has been slowly but surely reinventing its image. SAMUEL EE drives two of its latest models THE quintessential estate is going upmarket. For more than 20 years, the large Volvo estate has
      461 words
    • Article, Illustration
      Lock icon Sport is in the eye of the beholder
      384 15 AS the first seven-seat SUV model in town more than four years ago, the Volvo XC9O made waves with its premium functionality and rugged good looks. But one adjective that has rarely been applied to it is the word "sporty". So it
      384 words
Page thumbnail Page 16
  • GOLF
    • Article, Illustration
      Lock icon It's President's Cup vs Ryder Cup
      1017 16 The US team thrashes the Internationals as usual, even though the latter had some big-name players, writes JUSTINE MOSS DUT it down to revenge, the opposition or even the tournament name. Perhaps it's the luck of the draw or, as critics may say, retribution
      PHOTOS: REUTERS  -  1,017 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      219 16 wine&dine with weekendßT Ah Hoi's Kitchen Poolside, (above Tanglin Mall), Traders Hotel, Singapore. Tel: 6831 4373 Claypot dishes are introduced to add a new dimension to your dining pleasure. With varied flavours and ingredients, the claypot menu features fragrant prawns in coconut milk, spicy frog with dried chilli, braised garoupa
      219 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 2
      218 16 Vibe Negara on Claymore 10 Claymore Road, Level 2. Tel: 6831 6686 From Sept 27 to Oct 14, Vibe presents the best of Brazilian and Japanese flavours, featuring its signature modern churrasco (specialty grill comprising 14 types of succulent meat) and an elaborate spread of traditional to contemporary top-quality Japanese
      218 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 3
      157 16 Jaan Level 70, Equinox Complex Swissotel The Stamford. Tel: 6837 3322 From now to December, relish the flavours of Jaan's autumn menu. Chef Michael Muller expresses his signature style in a sophisticated contemporary French rendition of seasonal flavours. Savour the three-course autumn set lunch at $38++ or dinner options such
      157 words
    • Advertisement
      Lock icon Page 16 Advertisements Column 4
      183 16 27 West Coast Highway, Yess Centre #01-16/17. Tel: 6775 7255 Tantalise your taste buds with Golden Bay's signature White Pepper Chilli Crab. Exclusively for Diners Club Cardmembers: 10 per cent off a la carte dishes plus complimentary fruit platter. Saffron Bistro 50 Circular Road. Tel: 6536 5025 Be delighted by
      183 words
Page thumbnail Page 17
  • WELLNESS
    • Article, Illustration
      Lock icon Mummy gets a makeover
      1050 17 ■AP US plastic surgeons are offering procedures to women who are struggling with the impact of ageing and pregnancy on their bodies AVID A Stoker, a plastic surgeon in Marina Del Rey, California, I has a surgical cure for the ravages of motherM hood. He, like
      ■AP; REUTERS  -  1,050 words
    • Article
      Lock icon Potential problems
      245 17 ■AP IN the back pages of New York magazine last month, among the promotions for mini face-lifts, were two advertisements for cosmetic surgery of the genitalia. One ad, headlined "Feminine Reconstructive Surgery", promotes "postpartum re contouring". Another ad, offering "labioplasty" to reduce the labia and "vaginoplasty" to tighten
      ■AP  -  245 words
    • Article, Illustration
      Lock icon For that glamorous even-looking tan
      609 17 A new salon has opened in town, making it easy for white-collar types to drop in, writes CHEAH UI-HOON WITH so much sunshine in this part of the world, one would think tanning salons would be superfluous. Doesn't half-an-hour under the blazing noon sun at
      609 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      345 17 CRYPTIC CROSSWORD ACROSS 3 Reach required standard as 1 What's different about ruler in court (7,2) room? Comfortable level of 4 Stature shortened by subtemperature (6) trading number (6) 5 Action holding cape re- 5 Abandon aspiration, and removed threat from bull (8) veal you're non-U? (4,4,7) 9 They can
      345 words
Page thumbnail Page 18
  • SHOPPING
    • Article, Illustration
      Lock icon Celine gets a contemporary look
      817 18 C eline gets a contemporary look It is broadening its audience with its new collection, writes MELISSA LWEE from Paris N PARIS, one design house that impressed jaded fashionistas with its breathtaking runway collection was French fashion label Celine. And no one could be more happy than Singapore fashion retailer
      REUTERS/AP  -  817 words
    • Article, Illustration
      Lock icon Connecting people's outfits with mobiles
      597 18 Nokia designer Anton Fahlgren says new phones are meant to fit both office and club, reports CHRISTOPHER LIM HAVE you ever wished that phone designers make it easier for you to coordinate your outfit with your latest mobile phone? The latest mirrored surfaces, like the
      597 words
    • Article, Illustration
      Lock icon It's not just an applicator, stupid!
      698 18 Make-up tools are a growing revenue stream by themselves, reports MELISSA LWEE BEAUTY is in the hand of the applicator, it looks like. And for girls who like a bit of gadgetry, the newest make-up in town makes dolling up a breeze. Sydney-based cult
      YEN MENG JIIN  -  698 words
Page thumbnail Page 19
  • PERSONAL SPACE
    • Article, Illustration
      Lock icon Classical colonial charm
      1091 19 Family fun on open verandahs are a throwback to earlier times in a house that's a hideaway from modern Spore life, writes GEOFFREY EU BEFORE Caroline Tho-mas-Lingham and husband Manfred Korger moved to their current home, they lived in a multi-level townhouse where, along with Tho-mas-Lingham's two
      YEN MENG JIIN  -  1,091 words
Page thumbnail Page 20
  • THE Business Times weekend
    • Article, Illustration
      Lock icon Say oui to cheese
      1084 20 Cheese is synonymous with France and represents all that is good about French products, so it is no wonder that Saint Julien has opened a store completely devoted to cheese. JAIME EE reports S cheese the new food trend to hit Singapore? It sure looks like
      -from, around Europe  -  1,084 words
    • Article, Illustration
      Lock icon From bread lines to fine international cuisine
      972 20 Moscow's dining scene is booming and there's a smorgasbord to choose from if you're eating out there, reports CHEAH UI-HOON WITH the rush of money and new wealth in the Russian capital of Moscow, it's no surprise that one of the first sectors
      CHEAH UI-HOON  -  972 words
  • Page 20 Miscellaneous