The Business Times, 29 October 2007

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg •V A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 202/12/2006 Monday, October 29,2007
    25 words
  • Article
    Lock icon Bursa out to woo back Singapore retail investors
    820 1  -  CONRAD TAN [MINGAFUKhJ Nine years alter Singapore retail investors fled from the Malaysian stock market, Bursa Malaysia is out to charm them back. The environment today is "almost unrecognisable" compared to what it was 10 years ago, said Bursa Malaysia's head of
    820 words
  • Article, Illustration
    Lock icon Early Christmas for key ABN Amro bankers
    642 1  -  SIOW LI SEN Retention bonuses promised before RBS takeover guarantee a select few big sums [SINGAPORE] For quite a few key investment bankers and private bankers at ABN Amro Bank, Christmas is coming early as they can look forward to mega guaranteed bonuses.
    AFP  -  642 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      55 1 Weekly C Change ST Index 3,771.55 +23.57 KL COMP 1,398.35 +28.18 NIKKEI 225 16,505.63 -308.74 HANG SENG 30,405.22 +940.17 SET INDEX 894.57 +18.74 JAKARTA COMP 2,624.43 +60.68 MANILA COMP 3,784.88 -34.87 SEOUL COMP 2,028.06 +57.96 SHENZHENB 751.68 -35.32 MUMBAI IND 19,243.17+1683.19 DOW 13,806.70 +284.68 NASDAQ 2,804.19 +79.03 S&P 500
      55 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.483 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 4.08 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      40 1 US$ (S$ per US$) 1.457 (USS/SS per 2.055 2.994 EURO(US$/S$/E) 1.436 2.092 YEN 114.40 78.60 RM 3.347 2.298 HK$ 7.751 5.321 BAHT 34.09 23.40 RUPIAH 9,120 6,261 RENMINBI 7.487 5.140 INDIAN RUPEE 39.48 27.10 1.095 0.751 NZ! 1.307 0.897
      40 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      43 1 fit MERRILL WOES S'PORE SUN YOUNG INVESTORS 1 Jk' i DINING OUT Board agrees to W FESTIVAL FORUM < Luxury, remove CEO "'jJw§t> I Magical Soweto Basics of crude oil Italian-style rage 21 m^^JF^mKmM Gospel Choir rage 15 industry page 14 '^J^B page 16
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    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      29 1 3 Would you make a counter-offer to an employee who wants to quit, and if so, what form would it take? Top executives give their views PAGES 12 13
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  • TOP STORIES
    • Article, Illustration
      Lock icon Accurate pricing of liquid assets crucial in Asia: study
      572 2  -  OH BOON PING But fund managers must pay a premium for transparency in pricing mechanism [SINGAPORE] The US sub-prime mortgage crisis has highlighted a need for accurate pricing of liquid assets in Asia, but the transparency in the pricing mechanism does
      BLOOMBERG  -  572 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Deferred payments' exit not a fatal blow: Goldman
        73 2 THE withdrawal of the deferred payment scheme for property purchases may quell demand in the short term, but will not deal a fatal blow to Singapore's residential market, says Goldman Sachs. The investment bank also expects negative investor sentiment on property developers
        73 words
      • Article
        Lock icon Agency broker Instinet becomes SGX member
        79 2 INSTINET, a US-based subsidiary of Japan's largest securities broker Nomura Holdings, has become the latest broking firm to gain membership of the Singapore Exchange. The firm is an agency broker, which means it does not trade for its own account but earns commissions from
        79 words
      • Article
        Lock icon Ossia sells stakes in two HK units for HK$480m
        70 2 OSSIA International has sold its stakes in two subsidiaries for HK$4BO million. In a statement yesterday, the distributor of branded lifestyle products said it entered into an agreement with Full Brand Ltd for the sale of 800,000 shares of Ossia Marketing
        70 words
      • Article
        Lock icon Shell to build pipeline from Bukom to Jurong Island
        81 2 SHELL which is developing a US$3 billion-plus petrochemical cracker on Pulau Bukom is building a 4.5-km submarine pipeline to transport butadiene, one of the new cracker's products, to Jurong Island. While the pipeline is dedicated to butadiene, there is the possibility
        81 words
      • Article
        Lock icon Progressive appreciation of ringgit is better: Abdullah
        68 2 PRIME Minister Abdullah Ahmad Badawi said on Saturday Malaysia favours a steady rise in the value of the ringgit after it rose to its strongest position in nearly a decade against the US dollar. "We want to see a stable ringgit which appreciates
        68 words
      • Article
        Lock icon Khazanah mulling merger of Lippo Bank and Bank Niaga
        71 2 AS THE year-end deadline draws closer for bank owners in Indonesia to consolidate their holdings, Malaysia's Khazanah says it is mulling a merger between its two Indonesian banks a move that analysts feel would be the most likely outcome. The government
        71 words
      • Article
        Lock icon HK monetary chief warns of bubble
        74 2 HONG Kong's monetary chief Joseph Yam has added a cautionary voice to a growing chorus of warnings by observers who fear a bubble market has formed as stocks remain at giddy highs. In his weekly Viewpoint column on the Hong Kong Monetary Authority's website,
        74 words
      • Article
        Lock icon Merrill board in accord on removing chief executive
        58 2 CAPPING a tumultuous week that included a significant quarterly loss and write-down, the board of Merrill Lynch has reached a broad consensus that E Stanley O'Neal, the chairman and chief executive of the company, will not remain in his position, according to
        58 words
    • Article, Illustration
      Lock icon WDA to target bosses, senior execs in service excellence drive
      898 3  -  CHUANG PECK MING [SINGAPORE] Bosses and management staff will be the target next month when the Workforce Development Agency (WDA) kicks off its latest campaign to drive service excellence. This year's effort comes at a time when the local tourism
      YEN MENG JIIN  -  898 words
    • Article, Illustration
      Lock icon Exit of deferred payments not a fatal blow: Goldman
      502 3  -  OH BOON PING Mid to mass market may be hardest hit as some projects see 50% opt for scheme [SINGAPORE] The withdrawal of the deferred payment scheme (DPS) for property purchases may quell demand in the short term, but will not
      FILE PHOTO  -  502 words
  • Page 2 Advertisements
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      173 2 UCLA HNUS \rf/sf,]J National University \^/^*~f of Singapore Executive MBA This busy VICE PRESIDENT fm within 15 months. One-of-a-kind Format I Information Sessions 6 sessions 2 weeks each Every 3 months ASIA Ideal for frequent travelers Unaffected by relocation Bangalore Dec 12, Bangkok Oct 19, Beijing Nov 14, Delhi Dec
      173 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      201 2 Place your AGM and EGM I notices in our newspapers. Call 1800 289 8822 or email I noticesf>sph.com.sg. I MEETING TEAM BUILDING THEMED EVENT INCENTIVE ■r WHERE THERE IS NO DIFFERENCE... THERE IS ONLY INDIFFERENCE. With refreshing new surroundings born from creativity, to enhance creativity, Sutera Harbour Resort offers ideal
      201 words
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      Lock icon Page 2 Advertisements Column 3
      11 2 people t Your search WOrR ends here. www.thepeopleatwork.com Asia-Pacific Executive Search
      11 words
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  • Page 3 Advertisements
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      56 3 J Tit j^_^^fc a I I «1 We look at things from a different perspective for the benefit of our clients. By building on our experience and expertise globally, we help our clients realize new opportunities. This has been our ambition since 1856. www.credit-suisse.com Thinking New Perspectives. V_> IvL \J
      56 words
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  • SINGAPORE MARDETS
    • Article, Illustration
      Lock icon What next, after Wed's FOMC?
      736 4  -  R SIVANITHY STOCKS IF you were a betting person, you'd have to lay odds on the Straits Times Index (STI) going up, at least in the early part of the week. Playing the stock market is, after all, a game involving the assignment of probabilities
      736 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1055 4 Legends: US$; Rmb; HK$; A) As; Pound; Rupiah; Yen; (00) Euro; AA) Baht; RM; (000) Peso; AAA) Rs; NT$; (ab) Cash/Bonus; (af) Dividend/Distribition; (ai) Final; (ak) Final and Fully Franked, with Div Reinvestment Plan; (al) Final Net; (am) Final Special Tax Exempt (One-Tier); (an) Final Tax Exempt; (ao)
      1,055 words
    • Article
      Lock icon Sing dollar, ringgit reach decade highs
      523 4 Bloomberg CURRENCIES [HONG KONG] The Singapore dollar rose to a 10-year high against the US dollar on speculation traders were testing the upper limit of the band in which the central bank allows the currency to trade. The local dollar led gains among its
      – Bloomberg  -  523 words
    • Article
      Lock icon Oil price smashes through US$92
      228 4 -AFP COMMODITIES [LONDON] Crude oil prices rocketed towards US$lOO a barrel last week on supply worries linked to fraught tensions in key crude producers and falling energy stockpiles in the US. Oil: World oil prices surged to historic highs on Friday, breaching US$92 for the
      -AFP  -  228 words
    • Article
      Lock icon BROKERS' RECOMMENDATIONS
      1926 4 Consensus No. of Forecast Mean Fri's recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price Company name Advanced Holdings Ltd 1.50 1.50 2 4.65 9.25 0.56 0.44 AEM Holdings 2.50 2.50 4.20 3.81 0.23 0.16 Allco Commercial REIT 1.60 1.60 5.14 20.22 1.51
      1,926 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 WEEKLY
      4 words
    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 4
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      49 4 Oct 26 VALUE CLOSE -804.00 +297.0 BT OB/OS BT CADI -*****.00 +131.0 BT 10-day MA -*****.00 -80.00 All-SG Equities 1039.19 +13.49 SG Equities Elect 112.77 1.58 SG Equities Fin 2601.24 +59.24 SG Equities Prop 1577.79 +48.06 SiMSCI 461.66 +7.72 SiMSCI Future 461.00 +6.40 PrimePartnersCI 315.70+ 11.20
      49 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      51 4 VOLUME Diqiland 564,939,000 El-Nets 313,642,000 Memstar 296,297,000 ChinaONFld 272,109,000 Sky Petrol 206,927,000 SembMar 167,422,000 Uni-Asia 158,311,000 Sinostar 151,933,000 Adroit R 148,732,000 Cosco Corp 146,031,000 VALUE(S) DBSGrp 1,114,816,082 Cosco Corp 1,065,319,145 UOB 846,009,838 SembMar 794,187,788 SGX 555,240,111 CapitaLand 528,029,162 Keppel Corp 515,569,787 STXPOKWIOO 436,771,765 SingTel 433,230,480 Yanqzijianq 340,598,380
      51 words
    • Article
      Lock icon RISES
      102 4 BY CENTS CLOSE UP 7680 145.6 1.3 GLD 10US$ JMH 2930 131.1 3.2 IS MSCI India 100 910 116.5 9.6 CoscoCori iMBLeCW***** 230 90.0 64.3 Jardine C&C 1970 70.0 3.7 StraitsAsia 300 70.0 30.4 Ci 1630 60.0 3.I DBSGri 2200 60.0 2.I STXPOKW100 408 54.0 15.3 OUE 1490 50.0
      102 words
    • Article
      Lock icon FALLS
      115 4 Closing prices are in trading currencies, but absolute difference is in Ss. BY CENTS CLOSE DOWN 470 -90.0 -16.1 SembMar SembMar DBeCW/*****0 91 -69.0 -43.1 SembMar MBLeCW*****6 90.5 -57.5 -38.9 Kei T&T 520 -55.0 -9.6 SPC 835 -50.0 -5.6 UOB 2160 -50.0 -2.3 Venture Con 1430 -50.0 -3.4 SembMar
      115 words
    • Article
      Lock icon CURRENCIES
      87 4 Where S$ stands Oct 26 CHNG CLOSE FR Oct 25 YR 2007 S$ LOW S$ HIGH USS 1.4555 0.07 1.5479 1.4540® Euro 2.0905 -0.51 2.1254 1.9913 Pounds 2.9911 -0.26 3.1194 2.9323 AS 1.3281 -0.96 1.3411 1.1741 Yen* 1.2728 0.10 1.3821 1.2285 Rupiah* 0.***** -0.31 0.***** 0.***** Baht* 4.2671 -0.02
      87 words
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  • Page 5 Advertisements
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      46 5 INTRODUCING SINGAPORE AIRLINES SUITES A CLASS BEYOND FIRST Ml f^ ii\ > i Jjß ■i[lUlHnT?Msl*T3il3iT7;l9i[Jt][?n!?TTr^^ sinGAPORE m^ a:u i»im m-^^mm u« airupes I^^Pl WnSiP^ Bv^P^ PVP9 PrffP9^^BE^n^BP99Pf^BvV^B9P9QW99^WlffP4 A great way to fly Hi HVHHP nel BW nR BWB RH WP9W |Hp^ PVPI SUM a star alliance member
      46 words
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  • COMPANY NEWS
    • Article
      Lock icon Exclude risk committee from SembMarine probe
      732 6  -  MICHELLE QUAH SEMBCORP Marine (SembMarine) made a lot of right moves last week, in its attempt to contain the scandal involving its former finance director and the unauthorised currency bets he entered into. The company disclosed the issue promptly, relieved its finance director of
      732 words
    • Article
      Lock icon Instinet agency broker becomes SGX member
      311 6  -  CONRAD TAN INSTINET, a US-based subsidiary of Japan's largest securities broker Nomura Holdings, has become the latest broking firm to gain membership of the Singapore Exchange (SGX). The firm is an agency broker, which means it does not trade for its own account but
      311 words
    • Article
      Lock icon Templeton launches 38 funds
      194 6 FRANKLIN Templeton Investments is launching 38 new funds to expand its offerings to savvy investors. The new funds will raise the number of its recognised funds here to 58. The firm has assets under management here of 552.4 billion, most of which comprises retail monies. The
      194 words
    • Article
      Lock icon ARA expects strong institutional response to IPO
      410 8 REAL estate fund manager ARA Asset Management Ltd, which launched its initial public offering (IPO) last Friday, expects a strong institutional response to its offer. Sources said the institutional portion of the offer comprising 88 per cent of the IPO or 181.9 million
      410 words
    • Article
      Lock icon What to expect
      126 8 Dates of release of Q3 and 9-month results ended Sept '07 Raffles Mcd Grp 29 Oct UOB 30 Oct Cambridge Ind Trust 30 Oct Elec Eltek 30 Oct Macquarie MEAG Prime 30 Oct SP Chemicals 30 Oct Cosco Corp 31 Oct Ferrochina 31 Oct Delong 31 Oct
      126 words
    • Article
      Lock icon Ossia Int'l sells its stake in two units for HK$480m
      418 8  -  OH BOON PING It's selling shares to Full Brand to realise investments in its group of companies OSSIA International has sold its stake in two subsidiaries for a cash consideration of HK$4BO million (Ss9o million). In a statement yesterday, the
      418 words
    • Article
      Lock icon Marco Polo IPO to raise $13.2m for expansion
      464 8 INTEGRATED shipping company Marco Polo is gearing itself to ride the current oil and gas industry boom and is planning to list on Sesdaq to raise funds for expansion. The company is offering 53.55 million new snares at 28 cents each. Marco
      464 words
  • Page 6 Advertisements
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      126 6 USA pvpitv dav 111 II fed ©ft V sk>N^ H jy^Mu »>^ I>| \\mk J9 fcw H&V ■^3£7rpiY 99, Terms Conditions Fares shown are per person for a round trip. Booking Period from 15th October to 16th November, 2007. Travel Period from 15th October to 31st December, 2007. Ticket must
      126 words
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      Lock icon Page 6 Advertisements Column 2
      657 6 /TAI ControlsAsia2oo7 Theism International Plant S, Process Engineering V Exhibition and Confe't-n-r: W I^l lnstPumentAsia2oo7 f 1 I T^^Rr I Thß 13th International Instrumental on. Mcasurcrci: Testing Exhibition and Conference CTK|AnaLabAsla2oo7 27-30 Now 2007 Y_V Thß 11th International Laboratory S Analytical ClllltOl* CinflOllfll'O i±S_l Tecnnology Exhibition and Conference UllllluU OIII{JfI|JUI
      657 words
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      811 7 I>— 1 J k il l*Vr^l (An Affiliate of Cheung Kong Group) I^JI SI rVSk^lSlf* ARA ASSET MANAGEMENT LIMITED V^^^JU^fcJp^^*'* (incorporated as an exempted company with limited liability in Bermuda on 1 July 2002) (Company Registration Number *****) Real Estate AUM US$4 7 billion Offering in respect of 205,176,000 Offering
      811 words
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  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      932 8 IVIIZIHO^ Mizuho Financial Group, Inc. CONSOLIDATED BALANCE SHEETS CONSOUDATED STATEMENTS OF INCOME As of March 31 Millions of yen Millions of yen 2007 2006 For the Fiscal Years ended March 31 2007 2006 ASSETS Cash and Due from Banks 3,993,362 5,016,216 Call Loans and Bills Purchased 302,336 938,435 Income Receivables
      932 words
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      Lock icon Page 8 Advertisements Column 2
      667 8 I GLOBAL EPUPBENEUB PROGRAM <*****>~1 Anybody can earn $10.OOO* monthly Easily when you Discover our PROVEN TRADE SECRETS! No need to quit your Job. MONEY BACK GUARANTEE* to make sure you succeed M9I "We are earning more than 11^1 I 5530.000 monthly the Global Q@^C3x] P^diljlM] Edupreneur Program." [i^M^lMyi^Sfeftew |jflr'rl!ffllVn!is
      667 words
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  • Page 9 Advertisements
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      91 9 Royal Plaza on Scotts voted Best City Hotel by Travel Trade Gazette Asia Honouring the most outstanding organisations in Asia-Pacific's travel industry Best services and facilities Best range of value-added benefits Most professional sales team in terms of innovative ideas and servicing L f w i-> ,4 >^ v) -I^^
      91 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon All portfolios slide on weaker sentiment
      1463 10  -  TEH HOOI LING QUITE a bit of the trading frenzy has disappeared from the local bourse. The UOB Sesdaq Index has seen declines in I nine out of the last 11 trading sessions. Sentiment improved slightly last Thursday and Friday. However, it was not
      1,463 words
    • Article, Illustration
      Lock icon Sharp rise in buying and buyback activity
      1300 10  -  ROBERT HALILI INSIDE MARKETS I™ HE buying by directors and substantial shareholders surged again while the sales activity fell last week based on filings on the Singapore Exchange from Oct 22 to 26. A total of 42 firms recorded 122 purchases versus 21
      BLOOMBERG  -  1,300 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Shell to build 4.5 km pipeline under sea
      494 11  -  RONNIE LIM It will use facility to transport butadiene from Bukom plant to Jurong Island SHELL, which is developing a US$3 billion-plus petrochemical cracker on Pulau Bukom, is building a 4.5-km submarine pipeline to transport butadiene, one of the new cracker's products,
      494 words
    • Article
      Lock icon Teenage business acumen to the fore
      467 11  -  AMIT ROY CHOUDHURY IT'S not often that six bubbly teenagers, aged 15, can claim to develop an original business idea that makes seasoned business leaders sit up and take notice. And it's even rarer for such a plan to win the first prize in
      467 words
    • Article
      Lock icon MediShield for newborn S'poreans, PRs from Dec
      215 11 FROM Dec 1, all newborn Singaporeans and permanent residents (PRs) will be offered MediShield coverage on an opt-out basis, the Ministry of Health (MOH) said over the weekend. The government will also facilitate coverage for all Singaporean and PR youths from the middle
      215 words
    • Article
      Lock icon MM to meet Indian PM in Delhi
      200 11 MINISTER Mentor Lee Kuan Yew left here yesterday on a week-long visit to New Delhi and Mumbai. Since the Comprehensive Economic Cooperation Agreement between Singapore and India was concluded in 2005, visits between key government leaders from both countries have increased. MM Lee,
      200 words
  • Page 11 Advertisements
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      324 11 If you are in any of these situations: X~"^^^^^^^m J You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep
      324 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon TO KEEP OR NOT TO KEEP?
      5464 12  -  THIS WEEK'S TOPIC Would you make a counter-offer to an employee who wants to quit, and if so, what form would it take? What other solutions would you consider? Make offers, but not in money terms Derek Goh Executive Chairman Serial System AS AN
      STOCKXPERT  -  5,464 words
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  • BT-CITIBANK YOUNG INVESTOR'S FORUM
    • Article, Illustration
      Lock icon ABCs of terms used in crude oil industry
      593 14  -  CHEN HUIFEN explains what they mean as crude oil movements affect one and all CRUDE oil prices continue to stay strong last week, after breaching US$9O earlier this month. In the previous instalment of Young Investors' Forum, we discussed the basics of
      JACQUELINE PHUA  -  593 words
    • Article, Illustration
      Lock icon Showing savvy beyond their years
      560 14 CAMPUS LIFE NTU students prove their mettle as hosts of S'pore's first int'l business case competition, says JASON LOW TWELVE teams from some of the world's premier business schools. Forty hours of non-stop brainstorming. A boardroom styled Q-&-A session that resembled Donald Trump's The Apprentice
      560 words
    • Article
      Lock icon Be smart with your finances
      204 14 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
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      46 14 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.
      46 words
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  • SINGAPORE SUN FESTIVAL
    • Article, Illustration
      Lock icon Colourful and rhythmic
      482 15  -  P V VAN reviews the magical performance of the accomplished Soweto Gospel Choir The Soweto Gospel Choir brought a brilliant flash of vibrant African colour to the Esplanade last Friday night. The concert hall exploded with the distinctive syncopated rhythms, melody and harmony of South African gospel
      YEN MENG JIIN  -  482 words
    • Article
      Lock icon More than just a competitive poetry reading
      396 15  -  AARON LYE SIPPING wine under the stars, surrounded by the divans, carpets and cushions that make up the lavish interior of a Silk Road-inspired Indian tent, one can be forgiven for expecting romantic dinners, or quiet conversations and intimate music. But the Sun
      396 words
    • Article
      Lock icon Electrifying performance from the Russian orchestra
      501 15  -  CHEW XIANG Russian National Orchestra Mikhail Pletnev (conductor) Pinchas Zukerman (violin) Amanda Forsyth (cello) Reviewed by WHEN an orchestra that prides itself on being entirely privately funded puts on a programme of hummable favourites by Beethoven and Brahms, you suspect it just wants to
      501 words
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  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      179 15 TOP pirifCattheSun I CHEHE^^M ■w r riVl\J Festival today Ana Corbero's exhibition The Future is ITm^Tiß Small reflects the sacred and spiritual The Raffles Hotel plays host to an intimate nature of the yomlSevening of classical music and fine cuisine Singapore Tyler Print Institute, 41 with renowned violinist Pinchas Zukerman.
      179 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Luxe eats, crustacean sensations
      1371 16  -  Geoffrey Eu Cheah Ui-Hoon NEW MENU Garibaldi Italian Restaurant Bar 36 Purvis Street, #01-02. Tel: *****468 FOR the last three months, high-end Italian restaurant Garibaldi has kept a relatively low profile while its next-door neighbour and new partner restaurant, Gunther's, consolidates on an impressive culinary debut
      1,371 words
  • Page 16 Advertisements
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      199 16 LexisNexis® Functional Finance Facilities Management for Non-Finance Managers Le d by: Craham Riche Led by John Cleary Former Director of the International Blue Chip Consulting Group, Australia Facilities Management Association, UK Monday, 12 November 2007 9.00am 5.30pm Wednesday, 14 November 2007, 9.00am 5.00pm Le Meridien Hotel, Singapore Holiday Inn Park
      199 words
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      273 16 THE BUSINESS TIMES NOKIA Eseries PROMOTION J 11 ffl 11 Rjffl^wi^E hUVMWj^yW f^—7s^^7P\ 111 Fill in your particulars and mail ■U^ril rirTTllll the completed entry to: lllSr^^feiill The Business Times I Nokia Mw-J-— •—*^JM Eseries Promotion, Locked Bag Ie BmTC ■^^^Mjtflj|V 009, MacPherson Road Post Office, FOR EARLY BIRDS! Singapore
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  • ECONOMY WATCH
    • Article
      Lock icon Progressive appreciation of ringgit better: Abdullah
      464 17 AFP, Reuters, Bloomberg M'sian PM attributes strengthening of currency to growth, investor confidence [KUALA LUMPUR] Prime Minister Abdullah Ahmad Badawi said on Saturday Malaysia favours a steady rise in the value of the ringgit after it rose to its strongest position in nearly a
      – AFP, Reuters, Bloomberg  -  464 words
    • Article, Illustration
      Lock icon Inflation fears mar Vietnam's economic boom
      472 17 -AFP [HANOl] Vietnam's blistering economic growth is attracting foreign investors, but the boom is proving costly for households, which face big rises in the price of basic products such as rice. Consumer prices rose 9.34 per cent year-on-year in October, after an 8.8 per
      -AFP; AFP  -  472 words
    • Article
      Lock icon Australia faces turbulence from US meltdown: PM
      328 17 Reuters [SYDNEY] Australia, one of the best-performing advanced economies, faces looming economic turbulence from the sub-prime lending meltdown in the United States, Prime Minister John Howard warned yesterday. Last Friday, Australian Treasurer Peter Costello had warned of an approaching international financial "tsunami", with
      – Reuters  -  328 words
    • Article, Illustration
      Lock icon Germany keen to lock up its industrial gems
      473 17 -AFP [FRANKFURTIGermany's fractious coalition government has an issue both sides agree on the need to protect key industries, the country's crown jewels, from hostile foreign takeovers. Several initiatives were floated last week that aimed to head off investors seen to be out
      -AFP; AFP  -  473 words
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      384 17 Jwf 1 If you are facing any of the following: Slow network or Internet access in your office Concern over the confidentiality and integrity of your data Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks Uncertainty on security when transacting
      384 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Khazanah mulling merger of Lippo Bank and Niaga
      600 18  -  LAUREL TEO It is unlikely to divest its stakes in either of the two Indonesian banks AS THE year-end deadline draws closer for bank owners to consolidate their holdings, Malaysia's Khazanah says it is mulling a merger between its two Indonesian banks
      BLOOMBERG  -  600 words
    • Article
      Lock icon PRIME LENDING RATES
      395 18 The Association of Banks in Singapore Oct26 BANKS ABN Amro Bank NY 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
      The Association of Banks in Singapore  -  395 words
    • Article
      Lock icon Indonesia bent on building largest suspension bridge
      465 18 AFP [JAKARTA] Indonesia has brushed aside fears of graft and disaster to pursue plans to build the world's largest suspension bridge in one of the most earth-quake-prone areas on the earth. The planned Sunda Strait bridge will cross at least 29 km between
      AFP  -  465 words
    • Article, Illustration
      Lock icon Lessons from 101 for Synergy Drive
      620 18  -  S JAYASANKARAN MALAYSIA INSIGHT The corporation's solid management is worthy of emulation by the new behemoth LAST Friday, 101 Corporation a plantations, oleochemicals and property conglomerate became the second largest company on Bursa Malaysia (BM), the Kuala Lumpur stock exchange, with a market capitalisation
      620 words
    • Article
      Lock icon Indonesian state utility seeks 5.7t rupiah for projects in 2008
      180 18 Bloomberg [JAKARTA] PT Perusahaan Listrik Negara, Indonesia's state utility, has sent proposals to 30 banks seeking 5.7 trillion rupiah (Ss9o9 million) to fund its power plant projects. The funding, which may include bank loans or bond sales, will be used
      – Bloomberg  -  180 words
    • Article
      Lock icon STOCKS ASIA
      2861 18 Transaction date: Oct 26 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 Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway \sia Satellite \sm Pacific Jank Of E Asia Jeida Jade Bird Jeijing
      2,861 words
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  • INDIA
    • Article
      Lock icon Remittances from NRIs a boost to Indian economy
      414 19  -  SIDDHARTH SRIVASTAVA Estimated 10m Indians working abroad remit USs2s.7b in 2006 3y in New Delhi THE Non-resident Indian (NRI) community has played a significant role in boosting the Indian economy, whether in the real estate sector or driving consumption demand. Latest estimates
      414 words
    • Article, Illustration
      Lock icon India should go ahead with nuclear deal, says Paulson
      246 19 Reuters I[AMTALA] US Treasury Secretary Henry Paulson yesterday urged India to proceed with a civilian nuclear deal as soon as possible, but acknowledged that domestic political controversy over the deal must be resolved first. "You all have to work through your
      – Reuters; AFP  -  246 words
    • Article
      Lock icon Central bank unlikely to change interest rates
      458 19 AFP But RBI may raise lenders' reserve requirement again [MUMBAI] India's central bank is expected to maintain steady interest rates in a quarterly review this week, but may ask lenders to set aside more cash as reserve to cut a surge in money
      AFP  -  458 words
    • Article
      Lock icon BJP poised to take power in Karnataka
      450 19 -AFP [BANGALORE] The main Hindu nationalist party was yesterday poised to take power in southern India for the first time after ending a political feud that had brought down the government in Karnataka state. A Bharatiya Janata Party (BJP)-led government would help stave
      -AFP  -  450 words
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      74 19 Sear* gf£« jtj^^- H i v I ft ,cvo«»^ nevl USSSS f P vert*' n9 ,-.,1 the wa -rfs w*^^^ out..™ *art *«winds *>m.o t s<* »«!rr ißiHi BPpW^S Reproduction ofSPH material without licence or permit amounts to an infringement ofSPH's copyright under the law. SPH reserves the right to
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      897 19 The Pain Relief Practice Fast Relief for Persistent Neck, Back, Knee, and Other Joint Pains, Stiffness and Injuries Using Cold Laser and EM Signal Therapy Safe, Effective and Non-invasive Promotes Bone, Cartilage, and Soft Tissue Repair Ngee Ann City,Tower B, #08-07 By appointment only: Ca11:6405 7280 painrelief.com.sg BRAND NEW 8
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  • GREATER CHINA
    • Article
      Lock icon HK monetary chief warns of bubble
      552 20  -  JANE MOIR He urges investors to act with caution as Hang Seng surges over 40% in 2 mths HONG Kong's monetary chief Joseph Yam has added a cautionary voice to a growing chorus of warnings in the city by observers who fear a bubble
      552 words
    • Article
      Lock icon China's Peking duck chain launches IPO
      193 20 Reuters [BEIJING] China's oldest Peking duck restaurant has kicked off its initial public offering to raise about US$5O million on the Shenzhen Stock Exchange, state media reported on Saturday. China Quanjude (Group) Co Ltd, which has been serving up the famous Chinese dish since
      – Reuters  -  193 words
    • Article, Illustration
      Lock icon China cashes in on Africa with bank deal
      435 20 Reuters [JOHANNESBURG] China has served notice it is accelerating its investment drive in Africa towards full throttle with the planned US$5.6 billion cash purchase of a major stake in Standard Bank by Beijing's biggest lender. China's ICBC bank said on Thursday it
      – Reuters; BLOOMBERG  -  435 words
    • Article
      Lock icon Vice-chief of China central bank to head CDB
      250 20 Reuters [BEIJING] The vice-governor of China's central bank has been named head of China Development Bank (CDB), which became a major shareholder in Barclays Bank in July, a Chinese paper reported, citing unidentified sources. Su Ning, vice-governor of the People's Bank of
      – Reuters  -  250 words
    • Article, Illustration
      Lock icon ELEPHANT IN THE CORNER
      96 20 [BEIJING] A man rides his tricycle past a billboard promoting the African Summit that was held here on Oct 31 last year, attended by state leaders and government officials from over 40 African countries. China's government may have high-profile political and strategic reasons for seeking closer
      AFP  -  96 words
    • Article
      Lock icon China keeps close trade ties with Asean
      262 20 Xinhua [NANNING] China keeps close ties with six members of the Association of South-east Asian Nations (Asean) in the trade of agricultural products, with both import and export of the products accounting for more than 90 per cent of the total with the
      – Xinhua  -  262 words
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      288 20 liim^l^i^iiUiliKiZiUd LUXURY TOURS TRAVEL PTE LTD Distribution $12M x^#fPPllK l The Leading Operator Manufacturing $2.5 M (SSWMO E™edsi"~l9Bs 100 Orchard Rd. #02-16 Hfllf&l S2-sRfl Meridien Shopping Centre ■"»«sl «|»fc.wm Exclusive Coach Singapore *****0 BAD 4 HJI Email: luxturasingnet.com.sg rOID i^Ai I 111 Subsidiary; lukurycoach service Website: www.luxury.com.sq Member of NATAS
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Board in accord on removing chief executive
      469 21 -NYT MERRILL WOES No details on CEO's replacement as board mulls internal, external candidates [NEW YORK] Capping a tumultuous week that included a significant quarterly loss and write-down, the board of Merrill Lynch has reached a broad consensus that E Stanley O'Neal, the
      -NYT; . – i AP  -  469 words
    • Article
      Lock icon US$159m payout if Merrill chief leaves
      475 21 -NYT [NEW YORK] Merrill Lynch's directors may be weighing E Stanley O'Neal's future, but one thing is already guaranteed: at least a US$l59 million payday if he steps down. Mr O'Neal, its chairman and chief executive, is entitled to US$3O million in retirement benefits
      -NYT  -  475 words
    • Article
      Lock icon Markets buoyed by positive earnings forecast
      854 21  -  ANDREW MARKS WALL STREET INSIGHT Countrywide Financial, Microsoft both expect big fourth quarter results THIS year's third quarter profit reporting season may very well need to be re-named as the third quarter "loss" reporting season. But the disappointing earnings divulged last week by many
      854 words
    • Article
      Lock icon US retail stocks hit by housing, credit crisis
      553 21 -NYT [NEW YORK] When home builders' stocks plunged in 2006, Wall Street was confident that the problems would not spill over into the larger economy. Exhibit A department store stocks rose steadily despite the housing woes. Not this time around. Housing stocks
      -NYT  -  553 words
    • Article, Illustration
      Lock icon Morgan Stanley plans to sell MSCI stake for US$257.6m
      412 21 Bloomberg [NEW YORK] Morgan Stanley, the second-biggest securities firm, plans to raise as much as U*****.6 million by selling a minority stake in MSCI Inc to take advantage of growing demand for global investment indexes. The firm plans to sell 14
      – Bloomberg; BLOOMBERG  -  412 words
  • Page 21 Advertisements
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      81 21 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
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  • AVIATION/SHIPPING
    • Article
      Lock icon Oasis Airlines still packing in flyers one year later
      651 22 -AFP Founders see long-haul budget airline as a force for social good [HONG KONG] Despite a disastrous inaugural flight, Oasis Airlines, the world's first long-haul budget operator, is packing in flyers one year later. And the couple who founded the Hong
      -AFP  -  651 words
    • Article
      Lock icon Northport puts back move to cut free storage period
      375 22 Bernama [KUALA LUMPUR] Northport (Malaysia) Bhd at Port Klang has deferred the move to reduce the free storage period for containers, which was to take effect from the beginning of next month. This followed requests from shipping lines and port users,
      – Bernama  -  375 words
    • Article, Illustration
      Lock icon Air France apologises for cancelled flights
      463 22 -AFP [PARIS] Air France offered its "deepest apologies" to customers after scores of flights were cancelled due to striking staff, but said that 60 per cent of its flights were scheduled to take off yesterday. After a day in which queues of frustrated, angry
      -AFP; AFP  -  463 words
    • Article
      Lock icon Iran int'l flights switch to new airport
      244 22 -AFP [TEHERAN] All foreign airlines working in Iran will from next week operate from a new but hitherto under-used airport outside the capital Teheran, officials said yesterday. Gholam Hossein Baqerian, the managing director of Imam Khomeini International Airport (IKIA), some 30 km south
      -AFP  -  244 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2373 22 AIRLINE CODES: AA: American Airlines (AAL), AF: Air Fran Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG B.man Bangladesh Airlines _dn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA Airways Corpn (EVA), CA Air China (CCA), CB American International
      2,373 words
  • Page 22 Advertisements
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      168 22 Business Plan 2008 Westbound At their meeting on 18th October 2007, FEFC Principals agreed an FEFC Business Plan for Westbound cargo for 2008 on the following basis:From Asia (excluding Japan) to North Europe/Baltic/ Scandinavia and Mediterranean Ist January 2008 A Conference rate increase for Dry and Reefer containers of US$2OO
      168 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      333 22 CRYPTIC CROSSWORD ACROSS i)«BF iBBTT Ml H 7 Got rid of left reality (8) |H_BB_BB_BHiB^H—PB—PB— HI 9 Flash dodgy senator losing head (6) m M h M g 10 Sediment from river, say (4) i^H l^H l^H 11 Dithering Tories' rule vacilla- M" I 12 Decline following ruin (6) M
      333 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      230 23 tod name lose lange loci name lose lange tod name lose lange Alii ireen 0.49 1.780 -1-0.030 JMH 3.06 29.300 -1-1.000 SPC 0.58 8.350 -0.100 Ascendasreit 0.86 2.590 -1-0.010 JSH 1.97 16.200 -1-0.500 SPH 2.79 4.560 -1-0.040 Cai iComm 0.49 2.620 -1-0.030 Jardine C&C 0.92 19.700
      230 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      104 23 Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 10 1 0 0 0 7 10 1 Manufacturer 77 120 39 17 24 12 94 144 51 Commerce 22 45 19 12 34 52 25 r/C. 18 16 19 18 Finance 17 14 18
      104 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      126 23 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 171.464 171.464 912.866 912.866 Manufacturer 2.371.238 614.076 2.985.314 3.216.762 137.488 3.354.250 Commerce 1.095.861 135.676 1.231.537 506.520 36.677 543.197 r/C< 795.012 17.513 812.525 2.756.606 11.148 2.767.75' Finance 354.022 1.250 355.272 3.082.671 218 3.082.889 Construction 430.450 108.843
      126 words
    • Article
      Lock icon SGX MAINBOARD
      8584 23 Week ended: Oct 26 High Low Code Company Sale ('000) High Low Buyer Seller C'vr P/E $mil 3.5 2 5716 1st Software 11 7.5 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
      8,584 words
    • Article
      Lock icon SGX XTRANET
      81 23 52-Wk Tel High Low Code Last Sale Vol COOO) Day Last Quote Div GrYld Net MCaj |h Low Buyer Seller C'vr P/E $mi Comi >an' Hir 119 119 6065 Diamonds 6200 5000 6095 15 DJ U5 Tech 1000 1000 6097 I5M5CI Spore ***** ***** 6101 ISS&P500 ***** *****
      81 words
    • Article
      Lock icon SGX SESDAQ
      2188 23 Hir Low Code Comi >an' Sale ('0001 Hir Low Bur ler Seller C'vr P/E 30 11.5 1181 AAGrp 41.5 19 5000 ABR Hldgs 31 23.5 8538 APStrategrc 16.5 2 1501 Advanced System 70.5 14 1524 Alantac 22.5 8 7814 Albedo 46.5 27.5 5021 Apex-Pal 13.5 6.5 1154 ArianeCorp
      2,188 words
    • Article
      Lock icon CLOB INTERNATIONAL
      262 23 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
      262 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      361 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct 26 World Index Preliminar? 1177.0 0.9 6.9 0.9 5.6 1.1 11.. EAFE Preliminar? 1170.2 1.1 5.6 1.3 7.3 1.5 13/ Euro[ Preliminan 1600.7 0.7 7.2 1.0 9.0 1.2 15.1 Pacific 1016.9
      361 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 24 As at 9am Oct 26 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.3170 1.3320 Can dollar 1.4970 1.5150 Euro 2.0720 2.0960 NZ dollar 1.1010 1.1250 Sterlinc nd_ 2.9680 3.0010 US dollar 1.4460 1.4630 Local dollars to 100 units of foreign
      131 words
    • Article
      Lock icon INTERBANK RATES
      164 24 Oct 26 Offer Bid Overnight 2 1/4 1-month 2 11/32 2-months 2 13/32 3-months 2 15/32 Overnight mode: 2 1/16 US$ Offer 2 1/8 2 7/32 2 9/32 2 11/32 Bid 1 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.77 4.77
      164 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 24 Oct 26 STI SIMSCI Oct 454.4 461.9 461 Taiwan Oct 376.3 378.6 378.2 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 24 Oct 26 Bid Offer 1-month 1.4529 1.454 2-months 1.4497 1.4508 3-months 1.4467 1.4479 6-months 1.4391 1.4405 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 24 Oct 26 Against SS Currencies Bid Offer Against USS Bid Offer S$iUS$ to one unit of foreign currency: Australian dollar 1.3301 1.3316 0.9134 0.9139 Canadian dollar 1.5128 1.5147 1.0389 1.0395 Euro 2.0914 2.0933 1.4362 1.4366 NZ dollar 1.1140 1.1154 0.7650 0.7655 Sterlinc nd 2.9926 2.9949 2.0551 2.0554
      156 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      331 24 Oct 26 URODOLLAR FUTURES 3ec07 Vlar08 Iun08 >ep08 95.350 95.675 95.820 95.900 0 0 0 0 ***** ***** 5806 9036 EUROYEN FUTURES 3ec07 99.175 99.180 Vlar08 99.160 99.165 Iun08 99.135 99.140 >ep08 99.080 99.085 3ec08 99.025 99.025 Vlar09 98.965B Iun09 >ep09 99.165 99.150 99.125 99.065 99.005A 98.945A
      331 words
    • Article
      Lock icon SICOM FUTURES
      292 24 Oct 26 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High j Low Close Sett Volume (tonnes) Open Interest Nov 07 Dec 07 Jan 08 Feb 08 Mar 08 Apr/Jun 08 357.50 359.00 360.75 363.00 364.50 367.75 RSS 3 (US cents/kg) Month Higl i!L Low Sett Volume
      292 words
    • Article
      Lock icon CHICAGO BOT
      103 24 Oct26 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 07 995.50 994.75 1007.00 994.00 Jan 08 1013.25 1012.50 1025.00 1012.00 Mar08 1027.50 1026.75 1038.50 1027.00 May 08 1031.00 1029.00 1041.00 1030.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 41.38 40.92 41.50 41.25 Jan
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      75 24 CRUDE OIL PRODUCTS Oct2S CRUDE (FOB origin) US$/barrel Close Chanc Brent blend (1-Mth F) 85.98 1.96 WTI (Near Mth) 90.44 2.91 Dubai (1-Mth F) 80.79 2.58 Tapis blend 91.25 3.2 Minas 89.3 3.2 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 84.70 98.95 2.32 1.9 US$/barrel Opec Oil Basket
      75 words
    • Article
      Lock icon INTERBANK CROSS RATES
      469 24 Oct 26 AS_ CS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USJ Australia 0.879 6.840 0.636 7.081 36.071 83.325 1.046 8.314 3.058 1.194 55.459 40.253 1.331 5.982 1.064 29.657 31.146 0.445 0.914 Canada 1.137 7.780
      469 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      85 24 oc t26 Period Issue code Maturity Yesterday's Bid Hii Day's [h Low 3-Month BQ*****W 24.01.08 1-Year BY*****A 29.09.08 2.25 2.16 2.22 2.22 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
      85 words
    • Article
      Lock icon SIBOR
      78 24 Oct 76 (US$) (SS) 4.***** 2.***** 1 mth 2 mths 4.***** 2.***** 3 mths 4.***** 2.***** 6 mths 4.***** 2.***** 9 mths 4.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths
      78 words
    • Article
      Lock icon PALM OIL
      66 24 Oct 26 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hie Vol Open Done Position Low Nov 07 2850 2897 2899 2850 1191 3932 Dec 07 2788 2847 2847 2786 2901 ***** Jan 08 2740 2800 2800 2738 ***** ***** Feb 08 2715 2770
      66 words
    • Article
      Lock icon PRECIOUS METALS
      140 24 Oct 26 GOLD (USS/oz) Oct 25 Oct 26 Hong Kong London 762.00 774.00 763.00 775.00 Oct 26 Oct 25 778.10 766.80 778.60 767.30 Source: Reuters CAST BAR (Sfi Oct 26 Buying Sellinc Kilobar "38,726.51" ***** PAMP GOLD BARS (SS) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      140 words
    • Article
      Lock icon LONDON METALS
      70 24 Oct 26 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2489.50 2466.00 3 months 2538.00 2513.00 Copper, Grade A (USS/tonne) Cash 3 months 7905.50 7870.00 7797.50 7765.00 Lead (USS/tonne) Cash 3681.00 3 months 3655.00 3627.00 3600.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3
      70 words
    • Article
      Lock icon LIFFE
      83 24 Oct 26 COCOA (Btonne) Close Prev Hit h/Low Dec 07 941 922 Mar 08 959 939 May 08 970 950 Jul 08 982 962 950/918 967/936 976/948 989/960 COFFEE (USS/tonne) Close Pev High/Low Nov 07 2109 2097 2115/2048 Jan 08 1825 1787 1847/1787 Mar 08 1797 1760 1817/1762 May
      83 words
    • Article
      Lock icon BONDS & WARRANTS
      4600 24 BONDS WARRANTS [el lode Com| Last Sale +orVol Conv Exer COOP) Ratio Price Disc Gear- Mths ing Left >air S779 ASL Marine Hldgs W*****1 124 >058 Advance Modules GrpW*****3 6 >036 Advance SCT Ltd W*****9 36.5 >835 Allgreen RBeCW*****6 7 3798 Ascendas REIT SGA ECW*****3 32.5 )092 Asia Environment W*****4
      4,600 words
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  • Page 25 Advertisements
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      2260 25 m The Business Times uuu Shipping Times K^^ mm m-^jsssasasssajsM BE SiIJSS WB&. HH UpmnJl E^aS^umEsml Illllllil UK CONTINENT SERVICE U.S.A SERVICE S^TOJffl'^B^^ Destination Destination STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL I.NTERAS.A RORO SERVICE 1 VESSEL/VOY RAMP(KT) HEIGHT(M) PKG KCH LCB SIN JKT Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia,
      2,260 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      3651 26 WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/RI I 17 A CTFDM TA D f IM1?D I XT* C<k Clb* TtCA \TZn\ *****l mi TEL *****588 (14 LINES) FAX:*****163 I\\ Mr JLA.3IILK.rN LAK LJINIIIy, LIU Wgßg j^£j (*T Jl rf/MS \\\MN\A/AM HAI INF\ Corner Service/Bookings Dirert Line-(1800) *****200 I] fc S =*O^7«/
      3,651 words
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  • Page 27 Advertisements
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      3053 27 Wm% H SI I IH^tf Nordana (Asia) Pte Ltd If» GLORY NAVIGATION GROUpI Bl^jip'ifl E3| IJ^ BSfl BiiM^M 70 Shenton Way, #21-03 Marina House Singapore *****8 Wi&.J&kM JBSW^WW^aQ NORTH WEST EXPRESS LINE OWNS OPERATES THE YOUNGEST FLEET (■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ppHpßßHipßlßpHHlipippßpHpßpHlHl MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [Ml S flßi aHIvaI [IflliS
      3,053 words
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      3133 28 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
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  • BizIT
    • Article, Illustration
      Lock icon Sri Lankan bank uses NCS tech to go mobile
      793 29  -  AMIT ROY CHOUDHURY New system will help customers in areas without bank branches SRI Lankan bank will start offering mobile banking services to its customars from today using innovative technology develDped in Singapore. Customers can now use the system, developed by
      793 words
    • Article
      Lock icon Apple limits iPhones to two-per-shopper
      262 29 -AFP [NEW YORK] The technology group Apple plans to limit sales of its hugely popular iPhone to two for each customer to prevent illegal trafficking in the telephones and preserve stocks for Christmas. The company also said on Saturday it would refuse to let people
      -AFP  -  262 words
    • <what's up>
      • Article
        Lock icon New appt at Nokia Siemens Networks
        85 29 NOKIA Siemens Networks lias appointed Christian Fredrikson to be the new head for its operations in the Asia-Pacific region. Effective from December, lie will take over the post from current regional chief Rajeev Suri, who has been promoted to be the company's global head
        85 words
      • Article
        Lock icon Interwoven appoints new VP for Asia
        74 29 CONTENT management software provider Interwoven has named Sanjay Aurora as its new vice-president for the Asia-Pacific region. Mr Aurora returns to the company after a stint as the head of Oracle's SMB business group. He first joined Interwoven in August 2002 as the vice-president
        74 words
      • Article
        Lock icon Students to play computer cop
        96 29 SECONDARY school students will don the roles of computer crime investigators as part of an annual competition organised by Republic Polytechnic (RP). Called National Security Investigation (NSI) 2007, it will be held at the polytechnic's Woodlands campus between Nov 5 and 6. The competition is
        96 words
      • Article
        Lock icon VMware picks S'pore to be regional HQ
        66 29 VIRTUALISATION software maker VMware has chosen Singapore to be the regional base for its Asia South operations. The newly-minted headquarters is located in Suntec City and it incorporates training rooms and a demonstration facility for partners and customers. The company first set foot
        66 words
      • Article
        Lock icon Small business owners to get IT helping hand
        98 29  -  WINSTON CHAI SMALLER local companies will now be offered new business software training programmes and advice, thanks to a tie-up between SMCCI (Singapore Malay Chamber of Commerce and Industry) and accounting software maker MYOB. Under the agreement, the two organisations will jointly
        98 words
    • Article, Illustration
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