The Business Times, 31 October 2007

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Microfilm: NL28544
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS NEWS SINGAPORE 85 cents online at http://business-times.asial.com.sg •W* A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 202/12/2006 Wednesday, October 31,2007
    25 words
  • Article
    Lock icon Economy may take breather in 2008 with 4-6% growth
    608 1  -  ANNA TEO Oil prices and financial volatility are concerns but other drivers of growth still intact, says MAS [SINGAPORE] After four years of robust above-trend growth, Singapore faces a rather "more uncertain" outlook next year, says the Monetary Authority of Singapore
    608 words
  • Article
    Lock icon Forex-loss fear hits offshore, marine plays; analysts say it's unjustified
    612 1  -  LYNETTE KHOO Fallout from Labroy and SembMarine disclosures takes toll [SINGAPORE] The buzzword in the markets was forex. Offshore and marine plays tumbled yesterday as investors chewed on the news that rig-builder Labroy Marine could be sitting on large foreign
    612 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      46 1 uesday 1,412.79 lange +1.17 1 COMP IIKKEI 225 16,651.01 -47.07 IANG SENG 31,638.22 +51.32 ;et index 906.66 -8.37 IAKARTA COMP 2,662.92 -4.61 1ANILA COMP 3,783.43 -1.45 ;eoulcomp 2,052.37 -10.55 ;henzhenb 791.36 +19.21 IUMBAI IND 19,783.51 -194.16 12NOON EDT Change 13,816.86 -53.40 IOW IASDAQ 2,811.69 -5.75
      46 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.50 INDONESIA 15.532 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.75 CANADA 6.25 SWITZERLAND 3.89 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ ier US$) 1.452 (US$/S$ per 2.062 2.993 ;uro(us$/ss/e) 1.440 2.090 'EN 114.50 78.90 3.347 2.305 m 7.751 5.338 !AHT 34.02 23.43 lUPIAH 9,112 6,276 1ENMINBI 7.474 5.148 INDIAN RUPEE 39.36 27.11 1.088 0.749 IZ$ 1.301 0.896
      39 words
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      27 1 8 *****1 *****4 Leave your options open y^: -j^^^r p, with the J^tag^g^^^^^jfflffif^^jajll New Opel Astra Twin Top. *vj IV KT^H kl^ STRA TWINTOP BE iv?^ Pwl
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      176 1 MOTORING ACQUISITIONS OPINION INVESTING Sf^-^' &£k \k Richburg offers Leng Chan pips DBS How Spore can meet Still bullish '*JBi wmWmmmmV^ I H°nda grey imports for China bank stake Northwest Passage challenge on Asia K'ff^l PAGE 32 PAGE 2 PAGE 24 k„... wmml.MZ PAGE 14 m f MOTORING ACQUISITIONS OPINION
      176 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Quek Leng Chan pips DBS for stake in China bank
      619 2  -  CONRAD RAJ Malaysian tycoon gains 20% stake in Chengdu Bank with 1.95b yuan bid [SINGAPORE] Malaysian tycoon Quek Leng Chan has once again bested Singapore's DBS Bank, this time by gaining a 20 per cent stake in China's Cheng City
      BLOOMBERG  -  619 words
    • Article, Illustration
      Lock icon Talk of rift in monetary policy surfaces in HK
      578 2  -  JANE MOIR HKMA chief moving on, according to unnamed officials NEWS that Hong Kong's monetary chief is likely to step down in 2009 has led to speculation that there is a policy rift over the city's currency peg to the US
      BLOOMBERG  -  578 words
    • Article
      Lock icon Majority owner raises fresh objections before STB
      521 2  -  MICHELLE QUAH HORIZON TOWERS SAGA [SINGAPORE] If there's one thing that has characterised the Horizon Towers saga, it's the number of twists and turns that have emerged and yesterday's hearing before the Strata Titles Board (STB) was no exception. The session marked the
      521 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Rising inflation a major risk in emerging markets: economist
        84 2 RISING price inflation is fast becoming a major risk in emerging markets around the world due to surging food, oil and asset prices, according to a senior economist. For investors, the inflationary pressures building up in these countries and the likely
        84 words
      • Article
        Lock icon UOB meets forecasts with 8.2% rise in Q3 profit
        76 2 UNITED Overseas Bank's third-quarter net profit rose 8.2 per cent to $501 million from a year ago, broadly in line with analysts' expectations. Compared with the second quarter, net profit for the three months ended Sept 30 fell 14.4 per cent,
        76 words
      • Article
        Lock icon Wing Tai Q1 earnings double to $61.8m
        43 2 WING Tai Holdings has reported a net profit of $61.8 million for its first quarter ended Sept 30 double the profit the property developer made in the comparable quarter a year ago. COMPANY NEWS, PAGE 5
        43 words
      • Article
        Lock icon URA properly auction brings in $37m
        78 2 THE mood continued to be buoyant at two property auctions yesterday held by the Urban Redevelopment Authority and DTZ Debenham Tie Leung. The URA auctioned 12 sub-divided landed housing plots near Sembawang Beach which can be developed into a total of 57 landed homes.
        78 words
      • Article
        Lock icon A 'reluctant' Fed may cut rates at ongoing meeting after all
        46 2 FEDERAL Reserve chairman Ben Bernanke and his colleagues sound as if they would prefer to just say no to an interest-rate cut this week. The financial markets may not let them. ECONOMY WATCH, PAGE 16
        46 words
      • Article
        Lock icon Deep rifts in M'sian police, says senior officer
        72 2 A SENIOR Malaysian policeman has spoken out about what he says are deep divisions within the police force and between the police and agencies including the Anti-Corruption Agency, the Ministry of Internal Security and the Attorney-General's Chambers. Ramli Yusoff, the head of
        72 words
      • Article
        Lock icon US consumer confidence falls in Oct to lowest in 2 years
        67 2 A KEY barometer of US consumer sentiment dropped for the third month in a row, to its lowest level in two years, on growing concerns about weakening business conditions and the impact that could have on the job market
        67 words
      • Article
        Lock icon Analysts see no property bubble in S'pore
        93 2 PROPERTY: boom or bust? This was the intriguing question to which a capacity turnout of about 170 investors recently sought answers, at a dinner hosted by financial advisory firm ipac. The good news is that the experts do not foresee a bubble in
        93 words
    • Article, Illustration
      Lock icon Rising inflation a major risk in emerging markets: economist
      605 3  -  CONRAD TAN Currencies, property, stocks may become more attractive than debt for investors [SINGAPORE] Rising price inflation is fast becoming a major risk in emerging markets around the world due to surging food, oil and asset prices, according to a senior
      AFP  -  605 words
    • Article
      Lock icon Domestic cost factors will add to CPI
      338 3  -  ANNA TEO Rising wages, rents, car prices, GST hike will have an impact [SINGAPORE] Even with rising oil and food prices, imported inflation will remain muted in 2008, according to the Monetary Authority of Singapore (MAS). But various domestic factors will impact on
      338 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      184 2 people t No mountain V\fOrK hi9h enough. www.thepeopleatwork.com Asia-Pacific Executive Search Terios "Big Wheels" 4WD SUU. makes Your Heart Beat Faster 6 Faster... Checklist for your real SUV: Keal men and not the _J^-^*^\ More powerful, high capacity tropical airconditioner, wimpy ones will be excited. *unec' suspension with front rear
      184 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon UOB meets forecasts with 8.2% rise in Q3 profit
      724 4  -  CONRAD TAN Loans grow 15.6% from a year ago to $85.2b but just 3.3% since end-June UNITED Overseas Bank's third-quarter net profit rose 8.2 per cent to $501 million from a year ago, broadly in line with analysts' expectations. Compared with
      724 words
    • Article, Illustration
      Lock icon Capita Mall to raise $500m in share sale
      389 4 Bloomberg CAPITAMALL Trust, Singapore's largest real estate investment trust (Reit), may raise as much as $500 million in a share sale to pay debt and fund acquisitions. Capita Mall will sell as many as 137.7 million new shares to institutional investors at
      ■ Bloomberg  -  389 words
    • Article
      Lock icon How many local firms are facing forex losses?
      689 4  -  YEN SREENIVASAN WHILE the market was shocked by Dubai Drydock's $2.4 billion rescue of Labroy Marine in the wake of huge forex paper losses, the latter may not be the only Singapore company facing a crisis on the forex front amid the
      689 words
    • Article
      Lock icon Wing Tai Q1 net doubles to $61.8m
      431 5  -  ARTHUR SIM Jump due mainly to 231% rise in share of profit of JV and associate companies WING Tai Holdings has reported a net profit of $61.8 million for its first quarter ended Sept 30 double the profit the property developer made in
      431 words
    • Article
      Lock icon Robinson Q1 profit surges 51.7%
      359 5  -  KALPANA RASHIWALA RETAILER Robinson Co posted a 51.7 per cent jump in first quarter group net profit to $6.4 million from the corresponding quarter last year. Profit from retail operations fell 48.2 per cent to $1.7 million, mainly because of significant pre-opening and set-up costs
      359 words
    • Article
      Lock icon CIT's distributable income 29.3% above forecast
      422 5  -  LYNETTE KHOO Net property income of $11.6 m for Q3 also exceeds trust's projection in IPO RIDING on the rise in industrial rents, Cambridge Industrial Trust (CIT) achieved distributable income of $8.8 million for the third quarter ended Sept 30, beating its forecast by
      422 words
    • Article
      Lock icon At a glance
      214 5 Notes: Net Profit refers to profit attributable to equity holders. Trust REITS: Net profit is income available for distribution turnover is gross revenue. Cambridge Ind Trust: No comparative figures for 9 months because it was listed July 25,2006, before that it was a private trust. Exchange Rate:
      214 words
    • Article
      Lock icon Meghmani to set up caustic chlorine complex in Gujarat
      630 8  -  CHOW PENN NEE It will be a ready, captive source of demand for the 5b rupee plant PIGMENT and agrochemical maker Meghmani Organics yesterday said that it was planning to set up a caustic chlorine complex (CCP) in India at a
      630 words
    • Article, Illustration
      Lock icon Thomson net jumps 40.1% on baby boom
      526 8  -  CHEN HUIFEN THE baby boom is proving to be good news for Thomson Medical Centre, which posted a 40.1 per cent jump in full-year net profit to $9.5 million, driven by record infant deliveries and a growing contribution from specialised services. For the
      WOO FOOK LEONG/UANHE ZAOBAO  -  526 words
    • Article, Illustration
      Lock icon SingPost Q2 net profit climbs 9.8% to $39.7m
      353 11  -  NISHA RAMCHANDANI Revenue rises 8.8% as all 3 business segments post better results SINGAPORE Post registered a 9.8 per cent year-on-year growth in second-quarter net profit to $39.7 million as all its three business segments delivered better results. Revenue for the July-Sep-tember
      ARTHUR LEE  -  353 words
    • COMPANY BRIEFS
      • Article
        Lock icon Koon wins $1.92b container port project
        68 11 KOON Holdings Ltd, through its wholly owned subsidiary, Koon Construction Transport Co Pte Ltd, and three other foreign partners have secured a $1.92 billion project from the Maritime and Port Authority of Singapore. Koon Holdings did not name the foreign partners. The project when
        68 words
      • Article
        Lock icon Chemoil buys Burando stake for 12m euros
        66 11 CHEMOIL, a physical supplier of marine fuel products, has acquired 49 per cent of Burando Holding BY, a provider of maritime logistics services in Amsterdam. The acquisition, valued at 12 million euros (5525.1 million), is expected to strengthen Chemoil's foothold within barging and
        66 words
      • Article
        Lock icon Celestial to expand health products range
        91 11 CELESTIAL NutriFoods, a soy protein-based food and beverage products manufacturer in China, said it plans to expand its retail product range to include two new health food and snack products high-protein nutrient noodles and high-protein nutrient pastries. It will invest about 245.3 million yuan
        91 words
    • Article
      Lock icon What to expect
      99 11 Dates ot release ot :eso1 rel lease ol Q3 and an 9-month results ended Sept 07 Cosco Corp Oct 31 Venture Corp Nov 2 China Powerplus Nov 5 Sihuan Pharm Nov 6 Ferrochina Oct 31 Great Eastern Hldgs Nov 2 SembCorp Ind Nov 6 Fortune REIT Nov
      99 words
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      184 4 GLOBAL EDUPRENEUR PROGRAM <SS EB» Anybody can earn $10,000* monthly Easily when you I Discover our PROVEN TRADE SECRETS! No need to quit your job. I MONEY BACK GUARANTEE* to make sure you succeed I r-^^^s, j, M^l "We are earning more than HrWT?7fiT»fTn^ffl 5530,000 monthly the Global [MT-P-fKaCT ©@o=D^Gl@aJgfißgE7
      184 words
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      Lock icon Page 4 Advertisements Column 2
      99 4 *S£ M PiXORD \X\i ■Wmri^ -A^Sl-^t <£»e«W ~~ps ityM PIXORD 1000 PIXORD 1401W PIXORD 463DW MJPEG Video Compression MPEG4 MJPEG Video Compression IP Speed Dome, 25x Optical Zoom Fast Ethernet 10/100 Mbps Connectivity Fast Ethernet 10/100 Mbps Connectivity Day Night, Wide Dynamic Range Support Static IP or Dynamic IP (DDNS)
      99 words
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      139 5 ■'-;~'--'?~s|^- 8f tit 9 I '*m V^4 9 1 B^« Iff lB ■it^^^^^^^ra 9111 vW iI(U wl 1 L*t^^_ •'.-.*>y?sswsMMiHßaßgl Bj L If W 1 OU CJ w W V IVk LUXURY POWERED BY DESIGN. lighter. Smarter. Sleeker. The 2008 XJ is a creation of pure ingenuity. Engineered to perfection,
      139 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Even dead cats can bounce
      714 6  -  LARRY WEE CURRENCIES Though good news fails to lift the US dollar much these days THE US dollar's losses have deepened in awful fashion once again, while selected Asian currencies have seen their gains accelerate thanks to some combination of strong economic numbers and new
      714 words
    • Article
      Lock icon Financial market recap
      229 6 Changes over the past fortnight YEAR TO DATE OCT30'07 HIGH LOW CLOSE CHNG US$ vs CURRENCY JPY 114.80 -1.78 124.16 111.60 SGD 1.4505 -1.19 1.5479 1.4495* IDR 9110 0.55 9480 8650 THB 34.01 -0.41 36.72 33.18 CNY 7.4708 -0.63 7.8150 7.4708* MYR 3.3435 -1.15 3.5250 3.3400* CURRENCY
      229 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      101 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 3 7 6 0 0 0 3 7 6 Manufacturing 43 98 65 14 16 52 112 81 Commerce 22 27 26 28 33 32 Tpt/Stor/Com ms 12 18 12 20 10 Finance
      101 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      117 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 33,102 33,102 209,564 209,564 lanufacturing 559,566 81,774 641,340 858,600 19,538 878,138 Commerce 213,171 32,814 245,985 116,634 8,727 125,361 )t/Stor/Comms 208,467 3,372 211,839 672,471 3,346 675,816 :inance 56,268 95 56,363 639,341 19 639,361 Construction 93,608 14,936 108,544 44,009 3,504 47,513
      117 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      220 6 tod name lose lange Jlgreen 0.44 1.620 -0.070 \scendasreit 0.85 2.570 -0.030 lapitaComm 0.50 2.690 +0.030 la pita Land 4.79 8.100 :apitaMall 0.90 3.760 :hart SemiCond 0.55 1.130 :ityDev 2.70 15.500 -0.300 lomfortDelGro 1.21 1.900 -0.040 losco Corp 2.32 7.750 -0.150 Creative Tech 0.14 5.950 IBS
      220 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      723 6  -  MATTHEW PHAN ATTRACTIVE discount to RNAV: We initiate coverage on GuocoLand with a "buy" and a target price of $6.60, after prescribing a 10 per cent premium to its RNAV of $6.00. The 10 per cent premium is conservatively justified by its potential outlook as a regional play
      ;: Bloomberg  -  723 words
    • Article, Illustration
      Lock icon STI down 21 pts – a case of 'sell on news'?
      526 6  - STI down 21 pts a case of 'sell on news'? R SIVANITHY STOCKS HAVING risen sharply over the past week ahead of Wednesday's US Federal Open Market Committee meeting at which an interest rate cut is widely expected, the local stock market yesterday fell, possibly victim of the "buy in
      526 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 6
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      49 6 Oct 30 VALUE CLOSE -420.00 +209.0 BT OB/OS BT CADI -*****.00 -138.0 BT 10-day MA -*****.00 -42.0 All-SG Equities 1041.67 -6.81 SG Equities Elect 111.50 -3.27 SG Equities Fin 2620.99 -20.20 SG Equities Prop 1553.65 -3.87 SIMSCI 463.73 -3.31 SIMSCI Futures 463.70 -4.40 PrimePartnersCI 312.89 -5.57
      49 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Yanqzijianq 130,827,000 Diqiland 119,228,000 Labroy Marine 112,001,000 El-Nets 49,958,000 IndoAqri 44,558,000 Memstar 36,343,000 CapitalanMßl_eCWoBo2ol 34,834,000 Golden Agri 34,596,000 Lian Benq 33,225,000 UOB MBL eCWOBO2OS 30,074,000 VALUE(S) Yanqzijianq 337,273,880 Labroy Marine 313,568,850 UOB 241,339,810 DBS Grp 138,542,139 SGX 111,827,030 OCBC Bk 108,258,950 Keppel Corp 104,230,221 Capita Land
      57 words
    • Article
      Lock icon RISES
      100 6 CLOSE UP Jardine C&C 2170 90.0 4.3 JMH 2970 72.6 1.7 CIMBAsean40 100US$ 1040 43.5 3.0 JSH 1690 43.5 1.8 NOL 520 24.0 4.8 SGXMBLeCW*****2 128 18.0 16.4 Pair 490 14.5 2.1 Asia 10US$ 595 14.5 1.7 STI 3600SGAeCW*****0 99 14.5 17.2 Olam 348 14.0 4.2 BY PERCENTAGE CLOSE
      100 words
    • Article
      Lock icon FALLS
      121 6 Closing prices are in trading currencies, but absolute difference is in Ss. BY CENTS CLOSE DOWN GLD 10US$ 7770-101.6 -0.9 Venture Con 1420 -60.0 -4.1 ISMSCI India 100 935 -50.8 -3.6 UOB 2150 -50.0 -2.3 SIA 200 1930 -40.0 -2.0 lit 1550 -30.0 -1.! S I A 1940 -30.0
      121 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      85 6 0O30 CLOSE CHNG FR Oct 29 YR 2007 S$ LOW S$ HIGH USS 1.4505 0.02 1.5479 1.4495® Euro 2.0877 0.15 2.1254 1.9913 Pounds 2.9948 -0.36 3.1194 2.9323 AS 1.3342 0.59 1.3411 1.1741 Yen* 1.2635 0.48 1.3821 1.2285 Rupiah* 0.***** 0.19 0.***** 0.***** Baht* 4.2649 -0.10 4.5700
      85 words
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      98 7 1 Man Financial is now MF Global f^k I on new horizons f iliiiMßiiJ M Global I Taking Man Financial MF Global (*****3253G) holds a capital markets services license issued by Monetary Authority of Singapore. Risk warning: Trading carries a high level of risk, and may not be suitable for
      98 words
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      578 8 Prom from bull imd bai\r jmirkeis a™ 5,00% p. a PLUS a pi/hj/rffeiJ V, f\|\ J/ lilU3i Llf f'illflUSlti 3ifiiD I'J. Offer Period: From 29 October 2007 to 30 November 2007 (subject to extension or early closure) Denominations: SGDS,OOO Important Information: relating to the Notes (the "Pricing Statement") (together, the
      578 words
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      182 words
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      783 9 (a real estate investment trust constituted on 27 September 2007 under i^flfl the laws of the Republic of Singapore) l^tf ■T m IIM Sapporo) jj M (2^T^fc> Hakodate EST IN SINGAPORE'S FIRST JAPANESE RESIDENTIAL REIT Sendai ANNUALISED HO/2 148 j k DISTRIBUTION YIELD t^XO PROPERTIES v/ I FOR FORECAST IT^
      783 words
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      431 10 I Changtian Plastic Chemical Limited is principally engaged in the manufacture and sale of adhesive tapes, release I I papers, biaxially-oriented polyamide (BOPA) films and 2-Acrylamido-2-methyl propane sulfonic acid (2-A2MPS). I I Based in Xiamen City, the Group's products are used in industries including water treatment, oil, food I I
      431 words
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      140 11 mm \ki\W'U\iW' flf' I Hosted by: Organised by: Co-Organlsorfor Official Official Radio Station: Official Directory: Held In: Asia Security Publication: Conference 2007: C~. UNIQUELY •^i E UR" WBH»E- certas WR) hwodpore m |iEr ™m 5 sbs® [KillUlJ'l powersource visits^gap r orecom THE VOLVO XC9O LIFESTYLE EDITION. FULLY LOADED. THE LIFESTYLE
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  • SINGAPORE NEWS
    • Article
      Lock icon Mumbai can be first-class financial, logistics hub: MM Lee
      589 12  -  UMA SHANKARI Singapore will see if it can help Bombay First initiative FHE city of Mumbai can be developed into a first-class financial and logistics hub. \nd Singapore will look to see if it can aid a private sector-led initiative that
      589 words
    • Article
      Lock icon S'pore Customs rolls out new IT services
      230 12 IN A move to enhance the competitiveness of the trade and logistics industry, Singapore Customs yesterday introduced two new IT services, Trade Net and the TradeXchange. These are expected to cut down costs, simplify transactions and facilitate the exchange of information. The new
      230 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7689 12 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.1/ Star Europe Bond 1.21/ Star Europe Bal 1.274/ Star Asian Tiger Eqty 1.9/ Star Asia Bond 1.264/ Star Asia Balanced 1.115/ Star Global Technology Fund!" 0.25/ Multi St Fd 0.955/ Star Asia Bond(USD) 0.87/ Gib Multi St USD
      7,689 words
    • Article
      Lock icon URA property auction attracts $37m of bids
      611 13  -  KALPANA RASHIWALA Bidders included smaller developers, contractors and engineering firms THE mood continued to be buoyant at two property auctions yesterday held by the Urban Redevelopment Authority (URA) and DTZ Debenham Tie Leung. The URA auctioned 12 sub-divided landed housing plots near Sembawang
      611 words
    • Article
      Lock icon Acer Building in Jurong for sale
      181 13 ACER Computer International is selling its building at International Business Park in Jurong East. The property is said to be worth about $75-80 million, or $337 to $360 psf of existing net lettable area (NLA). The property, a high- tech business park development, was
      181 words
    • Article
      Lock icon New taskforce to lead energy efficiency efforts
      461 13  -  MATTHEW PHAN SINGAPORE has consolidated efforts by various public agencies to improve energy efficiency under a single taskforce, the Energy Efficiency Programme Office (E2PO). Led by the National Environment Agency (NEA), the E2PO will coordinate efforts in Singapore's major sectors of energy use,
      461 words
    • Article
      Lock icon Click for charity at The Substation
      405 13 THIS has been a year for online charity auctions, and the latest to join the fray is The Substation, which hopes to raise at least $75,000 through the sale of over 100 art works, fashion and "artistic experiences". The biggest charity auction by far
      405 words
    • Article
      Lock icon New $50m fund for clean energy R&D
      218 13 SINGAPORE'S Clean Energy Programme Office (CEPO) yesterday launched a $50 million research fund to be disbursed over the next five years, to accelerate R&D efforts and support the industry's growth. The inaugural call for research proposals begins this Friday, Nov 2, and is
      218 words
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      89 12 Allianz Global Investors one of the world's largest asset managers with more Allianz (jjj) than US$l.2 trillion assets under management as at 31 December 2006. Global lnvestors *-> company regn. no *****7169Z AVOID THE POPULAR ■S^ When any method for selecting stocks becomes popular, then switch to unpopular methods. Jjj*
      89 words
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      442 13 Blackßerry. gj Let your email follow you Get these G PS-enabled Blackßerry® smartphones. I *> Blackßerry® Curve™ 8310 mam cans 11 Smartphone I Enißii;,™:! Titanium Colour B:l3am KmnWnftU Upfel&iqttt I 'iTii.mrns f¥* 0^ 9:37 am Mng LJ HHealhw. IftHetveffis,. B^^ I II ADO *15[m Statusmsetng &3D rm Conference call on
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  • FOCUS: INVESTING IN ASIA
    • Article, Illustration
      Lock icon Still bullish on the region
      2011 14 Experts at a BT Investment Roundtable explain why Asian stock markets still have some way to run OVERVIEW AS one bubble deflates, so another forms or so it would appear as Asian stock markets surge to lifetime highs even while the US mortgage-driven asset bubble
      AFP  -  2,011 words
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      6131 15 In the Matter of The Companies Ac,, Cap 50 MANDATORY CASH OFFER In the Matter of 'a' Save m disclosed in tnis Announcement, as at the Announcement Date, no agreement, arrangement or understanding exists FOONG SHOON HOLDINGS LTD between the Offerer or any party acting in concert with it and
      6,131 words
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Bernanke mad for stoking inflation: Quantum's Rogers
      312 16 o J Bloomberg He predicts prices will rise if Fed cuts rate again [SAN FRANCISCO] Jim Rogers, who co-founded the Quantum Hedge Fund with billionaire George Soros in the *****, said Federal Reserve chairman Ben S Bernanke is a "madman" for stoking inflationary
      o — — J – Bloomberg; FILE PHOTO  -  312 words
    • Article, Illustration
      Lock icon A 'reluctant' Fed may cut rates at ongoing meeting after all
      783 16 Bloomberg If it disappoints traders, it risks upsetting markets and hurting economy [WASHINGTON] US Federal Reserve chairman Ben Bernanke and his colleagues sound as if they would prefer to just say no to an interest-rate cut this week. The
      Bloomberg; AP  -  783 words
    • Article
      Lock icon No certainty of Fed rate cut this week
      322 16 Reuters [TOKYO] A Federal Reserve interest rate cut this week is no sure thing and officials are not seriously considering a half-point reduction in overnight rates, The Wall Street Journal reported yesterday without citing sources. The article by Greg Ip, the Journal's
      ■ Reuters  -  322 words
  • Page 16 Advertisements
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      460 16 R^HI ffl n fc ®»«s=ss. Diners Club Card Toappi*ca!!64i6O9Bo I^^^^^^^^B^yfl J^2 World of Exclusive Privileges Treats f^fc^fc Diners Club KH www.diners.com.sg V_L^F International V^Bl 5^ > atJAAN Relish the flavours of Jaan's Autumn Menu. Chef Michael Muller expresses his signature style in a sophisticated contemporary French rendition of seasonal flavours.
      460 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Deep rifts in M'sia police: senior officer
      635 17  -  S JAYASANKARAN l_ i Commercial Crime head speaks out; he's facing probe by anti-graft agency A SENIOR Malaysian policeman has spoken out about what he says are deep divisions within the police force and between the police and agencies including the Anti-Corruption Agency
      635 words
    • Article, Illustration
      Lock icon 101 takes top spot on M'sian bourse
      474 17  -  PAULINE NG Surging crude palm oil prices have propelled its rise PROPELLED by surging crude palm oil prices and expectations it would surpass last year's record profits, 101 Corporation yesterday leapt to the top spot on the local bourse, pushing Malayan Banking (Maybank),
      REUTERS  -  474 words
    • Article
      Lock icon Telkom 9-month profit rises 6.5%
      158 17 Reuters [JAKARTA] Indonesia's largest telecommunication company, PT Telekomunikasi Indonesia Tbk (Telkom), yesterday posted a worse-than-expected 6.5 per cent rise in its nine-month net profit. Telkom, in which Singapore Telecommunications Ltd has a 35 per cent stake, had about 44 million mobile phone subscribers at the
      – Reuters  -  158 words
    • Article
      Lock icon Myanmar should not affect FTA talks
      375 17 -AP [KUALA LUMPUR] Myanmar's political crisis should not be used an excuse to hold up a proposed free trade pact between Europe and South-east Asian nations, Malaysia's trade minister has said. Negotiations must be free of political meddling and a constructive engagement is a
      -AP  -  375 words
    • Article, Illustration
      Lock icon Indonesia opens 14 new oil & gas areas for bidding
      369 17 Indonesia opens 14 new oil gas areas for bidding Reuters [JAKARTA] Indonesia is inviting investors to bid for 14 new oil and gas exploration areas and is reoffering 12 old blocks in an effort to boost energy reserves, Energy Minister Purnomo Yusgiantoro said yesterday. The vast, developing nation has no
      Reuters; BLOOMBERG  -  369 words
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      68 17 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 over Internet
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      Lock icon Page 17 Advertisements Column 2
      44 17 [HlluntSL For Business Leaders, Professionals mm Sew York Senior Officers from Government Agencies 6 th 7 th Nov J T 28* 29* Nov J Other events available: Mergers Acquisitions I Business Valuation Analysis I Portfolio Management I Quantitative Financial Modeling I Hedge Fund Masterclass
      44 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon US lobbies for India nuke deal
      428 18  -  SIDDHARTH SRIVASTAVA Officials target BJP, NRIs to get support for pact with billions in business at stake DESPITE the derailed In-do-US nuclear deal, the world's only superpower is not going to give up easily, considering the total US$lOO billion of nuclear material business at
      428 words
    • Article
      Lock icon US sub-prime losses slow BOC Q3 net growth
      251 18 Bloomberg [SHANGHAI] Bank of China Ltd (BOC), the nation's third-largest bank, reported third-quarter profit growth that trailed rivals as losses related to US sub-prime mortgages dented earnings. Net income climbed to 15.9 billion yuan (Ss3.l billion), or 0.06 yuan a share, from
      ■ Bloomberg  -  251 words
    • Article
      Lock icon JPMorgan sets up US$2b fund in India
      448 18 Bloomberg Meant for infrastructure, it'll be ready to invest in firms, projects by year-end [MUMBAI] JPMorgan Chase Co, the third-largest US bank, set up a US$2 billion fund focusing on infrastructure investments in India, where spending on roads, ports and power may double
      ■ Bloomberg  -  448 words
    • Article, Illustration
      Lock icon Merkel to boost business ties with India trip
      377 18 AP [NEW DELHI] German Chancellor Angela Merkel began a four-day visit to India on Monday hoping to drum up closer ties in business, defence, and science and technology, an Indian spokesman said. Ms Merkel was accompanied by a 30-member delegation including the
      AP; REUTERS  -  377 words
  • Page 18 Advertisements
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      216 18 I'l■. ul T.-L1..j1 vi. J^k S^^^^&4 vUI _^^fl V TaSP V SPECIAL PREVIEWS "^1 BARCLAYS SINGAPORE OPEN I lexus cup 2007 I ■^■■■■■■■■■^■■■■rpinKH HCTTTTr3^T3''riiT[li3irTl2lTlß instant lesson I H^*l*I*lLJ*i«l!^^'lllllllI*llJll£llfl*l'fl U>llilLjr^^iiJlMlllMl^MMl£lLfl ur^ijfc v. wy m make those I EI9WtT¥94V BjfSWRi!fP!TB ■EvrSS»*Jtiilf' vL m breaking putts I M*jl|M| jljWi BKjliftiijMya KO. GOLF AND
      216 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Consumer confidence falls in Oct to lowest in 2 years
      447 19 AP, Reuters, Bloomberg LATEST US DATA Slide due to concerns of weakening business conditions and impact on jobs [NEW YORK] A key barometer of US consumer sentiment dropped for the third month in a row, to its lowest level in
      AP, Reuters, Bloomberg; AFP  -  447 words
    • Article
      Lock icon Opec: We are not to blame for soaring oil prices
      367 19 Reuters [LONDON] Opec has no power over many of the factors buffeting oil markets and the group is worried by record-high prices that are threatening the world economy and future demand growth, Opec ministers said yesterday. "Please don't blame us
      – Reuters  -  367 words
    • Article
      Lock icon Stanley O'Neal to retire with immediate effect: Merrill
      344 19 AP, Bloomberg [NEW YORK] Merrill Lynch, the world's largest brokerage, said yesterday its embattled chief executive E Stanley O'Neal will retire, effective immediately. Merrill Lynch named Alberto Cribiore as interim non-executive chairman. Mr Cribiore, a member of the Merrill board since 2003,
      AP, Bloomberg  -  344 words
    • Article
      Lock icon BURSA MALAYSIA
      2381 19 let 30 RM COOO) \&M Realty 1.03 \bricBhd 0.30 \dvance Synergy 0.38 \dventa Bhd 1.58 \eMulti Hldgs 0.29 \ffin Holdings 2.90 \hmad Zaki Resou 6.10 \ic Corp 0.56 Mrasia Bhd 1.97 \kn Messaging Te 0.20 \kn Technology 0.78 alliance Financi 2.94 aluminium Co 1.28 Amalgamated Ind 0.55 \minvestment
      2,381 words
  • Page 19 Advertisements
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      653 19 global w developments SC GLOBAL DEVELOPMENTS LTD (Incorporated in the Republic of Singapore) (Company Registration Number: *****2459K) PROPOSED ADJUSTMENTS TO WARRANTS AND COMMENCEMENT OFTRADING OF ADJUSTED WARRANTS Share Sub-Division The Board of Directors of SC Global Developments Ltd (the "Company") refers to the announcements dated 14 August 2007 and 9
      653 words
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  • WORLD
    • Article, Illustration
      Lock icon UBS hit by bigger than expected loss
      511 21 Reuters First quarterly loss in 5 years, investment bank unlikely to break even in Q4 [ZURICH] ÜBS AG reported a higher-than-expected third-quarter loss after hefty writedowns on sub-prime-related investments, but said it expects to turn in a group profit in the last quarter.
      Reuters  -  511 words
    • Article, Illustration
      Lock icon Dogged by light winds
      333 21 LIGHT winds have been dogging the majority of the fleet overnight meaning lots of sail changes and very few miles covered, westernaustralia2oll.com managed only 19 nautical miles in 12 hours and Glasgow: Scotland with style Clipper did not fare much better, with a run of only
      Photo: ONEDITION  -  333 words
    • Article
      Lock icon US committed to strong dollar: Paulson
      311 21 Reuters [NEW DELHI] The United States is strongly committed to a strong US dollar and financial markets there are recovering from the sub-prime crisis, some quicker than others, US Treasury Secretary Henry Paulson said yesterday. Mr Paulson, speaking at a forum here, also said
      ■ Reuters  -  311 words
    • Article
      Lock icon Google ready phones possible by mid-2008
      193 21 Reuters [NEW YORK] Web search leader Google Inc is expected to announce advanced software and services enabling handset makers to bring Google-powered phones to market by mid-2008, the Wall Street Journal reported yesterday, citing people familiar with the matter. The announcement is expected to
      ■ Reuters  -  193 words
  • Page 21 Advertisements
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      60 21 A LANDMARK BUILDING AT CHINA STREET FOR LEASE S^^^SJi^^™^'^^-'-'--^,': i '--"Tartar""*-''*-: -'--iE^*™*^- "~'L i-'^^^'''- ~--:£s±g* Located at Far East Square 23,000 sq. ft. of purpose-built prime commercial retail space Steps away from Raffles MRT station and new MRT station at Cross Street Excellent street level showroom frontage, spread over two
      60 words
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      4 21 I iBMiiT^S "^B^li jpl.^.l|M:j
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  • AVIATION
    • Article, Illustration
      Lock icon Emirates worth up to US$30b: airline's chief
      449 22 Bloomberg It has no IPO plans yet but may look at selling shares after DP World's listing [DUBAI] Emirates, the Du-bai-owned airline that may follow port operator DP World in selling shares to the public, may be valued at as much as US$3O
      ■ Bloomberg; BLOOMBERG  -  449 words
    • Article, Illustration
      Lock icon Ex-BA chief: Aviation sector is economically dysfunctional
      366 22 Bernama [MELBOURNE] The aviation industry is economically dysfunctional, according to Sir Rod Eddington, the Australian businessman who ran three international airlines. A Rhodes scholar, Mr Eddington led Cathay Pacific, Ansett and British Airways at various times over the past 20 years, the Australian
      Bernama  -  366 words
    • Article
      Lock icon US airlines may seek tax breaks for equipment purchases
      294 22 Bloomberg [WASHINGTON] US airlines may seek tax breaks to buy equipment ahead of a 2020 deadline for an air-traffic control system using satellites to direct planes and cut delays. Incentives are needed because the system's benefits aren't clear, even as airline
      Bloomberg  -  294 words
    • Article
      Lock icon Airbus in talks with Air India over A380 sales
      479 22 AP, Bloomberg Airbus COO says the carrier would need 10-12 A3BO jets [NEW DELHI] Airbus is in talks to sell A3BO jets to state-run Air India, senior Airbus officials said yesterday, predicting that the superjumbos would play a key role in
      AP, Bloomberg  -  479 words
    • Article
      Lock icon SilkAir starts flying to Nepal thrice weekly
      156 22 Xinhua [KATHMANDU] Silk Air, the regional wing of Singapore Airlines, launched direct flights from Singapore to Nepal yesterday. It will operate flights thrice in a week, on Tuesday, Thursday and Saturday. The Airbus A 320, with 144 seats, landed at Tribhuwan International Airport
      – Xinhua  -  156 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2396 22 AIRLINE CODES: AA American Airlines (AAL),AF Air France (AFR), Al Air India (AIC), A i Fmnair Oy (FIN), AZ Alitalia Airlines (AZA British TWMiuai iTh i tn t Airways Public ttd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO
      2,396 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      369 22 CRYPTIC CROSSWORD ACROSS —[3~n —fi —n —n —n 1 Petty thief careful with i^l^l^l^H^^ ■s M WM H M 9 It could make you a little b1 WW misty-eyed (4) H_l 10 Like "Jolly Roger", but one HH originally read in capital let- __HB__HH__^H^li^H__HH__Hß__Hß__ ters! (9) 12 H^' 12 Where
      369 words
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  • SHIPPING
    • Article
      Lock icon ELAA flies kites
      792 23  -  DAVID HUGHES STRAIT TALK By Feeling its way through the thicket, in the run-up to the liner conferences' demise U ELL, you've got to admire the style. The liner conferences will become illegal in Europe on Oct 18 next year but, last week, the Far Eastern Freight
      792 words
    • Article, Illustration
      Lock icon Mitsui, K-Line raise full-year forecasts
      528 23 Bloomberg Rising shipping rates fuelled by China boom benefit firms [TOKYO] Mitsui OSK Lines Ltd and Kawasaki Kisen Kaisha Ltd, Japan's second- and third-largest shipping lines, raised their full-year forecasts as China's demand for iron ore boosted shipping rates. Mitsui OSK expects net income of
      Bloomberg; BLOOMBERG  -  528 words
    • Article
      Lock icon Thoresen Thai expects revenue growth
      535 23 Reuters [BANGKOK] Thoresen Thai Agencies, Thailand's leading dry bulk shipping firm, said yesterday it expected to report 2006/2007 revenue growth next month due to higher freight rates and strong earnings at its oil rig firm. Rising freight rates, boosted by growing global trade and strong
      – Reuters  -  535 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        132 23 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.97 0.38 7
        132 words
      • Article
        Lock icon KLSE
        37 23 '000 nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 1.33 9.85 9.75 5.35 2.91 0.26 2.69 -0.04 0.10 unch -0.05 unch -0.02 -0.05 740 411 1873 1041 20 152 31
        37 words
      • Article
        Lock icon BANGKOK
        12 23 '00 ■recious Ship Jegional Cont 31.75 29.00 -1.50 -0.25 460: 6*
        12 words
      • Article
        Lock icon HONGKONG
        11 23 '000 joil iingamas Cont 79.55 ...3.86 -0.80 0.07 40! 601!
        11 words
      • Article
        Lock icon PHILIPPINES
        17 23 '000 Aboitiz Equity ntl Container Keppel Marine 7.20 41.50 2.00 0.20 0.50 0.10 289' 2211 111
        17 words
      • Article
        Lock icon TAIPEI
        22 23 Evergreen Marine ....32.00 :irst Steamship 89.90 /Van Hai Lines 32.10 fang Ming Marine ..27.45 unch -4.10 0.45 -0.95 4: 3! i:
        22 words
      • Article
        Lock icon TOKYO
        38 23 '000 (awasakiHvy Ind ..415.00 -3.00 1461! (awasaki Kisen ...1633.00 -63.00 1022! Mitsubishi Hvy 651.00 -2.00 162* vlitsui Eng&Sbldg ..677.00 -7.00 5931 vlitsuiOsk Lines ...1956.00 -64.00 ***** Mippon Express 575.00 2.00 451! MipponYusen 1229.00 -22.00 9461 •ource: Reuters
        38 words
    • Article, Illustration
      Lock icon Gdansk workers demand early privatisation of shipyard
      334 23 -AP [WARSAW] About 200 workers at Poland's historic Gdansk shipyard demonstrated on Monday to demand the quick privatisation of their struggling workplace, with some burning tyres and setting off firecrackers in front of management offices. Workers dressed in blue overalls and yellow plastic
      -AP; REUTERS FILE PHOTO  -  334 words
  • Page 23 Advertisements
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      268 23 SOUTH EAST ASIA AND SOUTH ASIA/AUSTRALIA TRADE FACILITATION AGREEMENT NOTICE TO TRADE BUNKER ADJUSTMENT FACTOR (BAF) Arising from the regular review of bunker prices, the following Lines in the South East Asia and South Asia Australia Trade Facilitation Agreement wish to inform the trade that with effect from 1 December
      268 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon An age of market resilience?
      557 24 BIOLOGISTS believe that diversity increases stability and resilience in an ecosystem a complex system where participants go about looking out for their own interest with the ultimate goal of surviving and thriving. What is true of a biological ecosystem may also hold good for the
      557 words
    • Article, Illustration
      Lock icon How S'pore can meet the NW Passage challenge
      1193 24  -  HAN KIAN KWANG Businesses here should sit up and pay attention to the global shift of balance in shipping routes lifelines to Singapore's strategic importance as an international maritime hub THE world around us is changing. And it is happening more rapidly
      BLOOMBERG  -  1,193 words
    • Article, Illustration
      Lock icon Communist Party ditches revolutionaries for capitalists
      783 24  -  FRANK CHING THE BOTTOM LINE OH, what a difference a few decades make! Back in the days of Chairman Mao Zedong and his little red book, China was proud to proclaim the Communist Party as the party of workers, peasants and soldiers. And now?
      783 words
    • Article, Illustration
      Lock icon Using HDB equity to pay for annuities
      538 25  -  CHUA HAK BIN The median CPF member holds three times more in HDB housing equity than CPF cash holdings ANEW scheme making annuities compulsory for Central Provident Fund (CPF) members has been greeted quite negatively by the public. The scheme involves setting aside
      DESMOND LIM/The Straits Times  -  538 words
    • Article, Illustration
      Lock icon Will gold reach the US$1,000 mark?
      918 25  -  NEIL BEHRMANN THE momentum in the gold market could easily drive the metal past the 1980 high of US$B5O an ounce. Moreover, if the dollar continues to slide, a US$l,OOO gold price becomes a possibility. These are no longer the predictions of gold bugs
      REUTERS PHOTO  -  918 words
    • Article
      Lock icon Companies should separate executive and director roles
      492 25 LETTERS TO THE EDITOR I REFER to the letter "Separating CEO, chairman roles is healthier for corporations" (BT, Oct 26). In the letter, governance guru Mak Yuen Teen argues that companies should follow good governance principles like the separation of chairman and CEO
      492 words
    • Article
      Lock icon Extend Section 44 tax credit deadline
      299 25 A FEW years ago, when banks realised they could not realistically meet the deadline to dispose of their noncore assets, they appealed to MAS for an extension, which was granted. In view of that concession, I now appeal to IRAS and other regulatory bodies
      299 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7755 26 Transaction date: Oct 30 Hii Low Code Com[ Sale t'ooo) Hi. Low B'l Seller C'vr P/E Sinii 3.5 2 5716 1st Software 22 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
      7,755 words
    • Article
      Lock icon SGX XTRANET
      83 26 52-Wk Tel High Low Code Last Sale ±t_ Vol C000] Day ih Low Last Quote Div GrYld Net MCap Buyer Seller C'vr P/E $mil Comi JiL 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 *****
      83 words
    • Article
      Lock icon SGX SESDAQ
      2124 26 52-Wk Tel High Low Code Last Sale Vol Cooo] Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi >an< Hii 30 11.5 1181 AAGrp 41.5 19 5000 ABR Hldgs 31 23.5 8538 APStrategic 16.5 2 1501 Advanced System 70.5 14.5 1524 Alantac
      2,124 words
    • Article
      Lock icon CLOB INTERNATIONAL
      208 26 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
      208 words
  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      180 26 r -r*&t\ Call anywhere \+m* affordably. gMflpl mfclkO W^mlmMTj Phoenix *****DD brings your voice anywhere around the world Smmmmmmß I mk-*. jl k^P^l^^^l HI clearly BJtnJt jSßriiß i No matter where you are calling, our low cost IDD service gives B you clear voice quality and reliable connections every time.
      180 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      373 27 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Oct 29 World Index Preliminary 1189.9 0.7 8.1 0.7 6.6 0.8 12.7 f EAFE Preliminary 1182.8 1.1 6.8 1.0 8.4 1.2 14.1 Euro[ Preliminary 1610.9
      373 words
    • Article
      Lock icon PALM OIL
      61 27 OctSO Delivery Month Opening Sett Av Range Price Price Hii Low Vol Open Done Position Nov 07 2940 2920 2944 2919 167 2308 Dec 07 2920 2900 2921 2880 1417 ***** Jan 08 2885 2862 2885 2841 6665 ***** Feb 08 2854 2842 2856 2818 2869 7280 Total
      61 words
    • Article
      Lock icon STOCK INDEX FUTURES
      21 27 OctSO STI SIMSCI Oct 467.1 468 463.7 Taiwan Oct 383 385.3 382.3 Source: MF Global (S) Pte. Ltd
      21 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      23 27 Oct 30 r s: Bid Offer 1-month 1.4480 1.4493 2-months 1.4452 1.4465 3-months 1.4421 1.4435 6-months 1.4347 1.4363 Source: OCBC
      23 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 27 Oct 30 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.3339 1.3353 0.9191 0.9194 Canadian dollar 1.5184 1.5204 1.0462 1.0468 Euro 2.0894 2.0913 1.4397 1.4399 NZ dollar 1.1152 1.1175 0.7684 0.7694 jterlini ind 2.9920 2.9947 2.0616 2.0619
      156 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      343 27 Oct 30 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec07 Mar08 Jun08 Sep08 EUROYEN FUTURES 95.285 95.600 95.740 95.825 0 0 0 0 ***** ***** 5784 8205 Dec07 99.185 99.190 Mar08 99.170 99.170 Jun08 99.140 99.145 Sep08 99.090 99.100 Dec08 99.025 99.040 Mar09 98.980B Jun09 98.920B
      343 words
    • Article
      Lock icon SICOM FUTURES
      293 27 octso RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Nov 07 Dec 07 Jan 08 Feb 08 Mar 08 Apr/Jun 08 362.50 365.00 369.00 369.75 372.75 377.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      293 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      128 27 A= 9am OctSO Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.3290 1.3450 Can dollar 1.5130 1.5320 Euro 2.0810 2.1050 NZ dollar 1.1070 1.1320 Sterlini 2.9770 3.011 US dollar 1.4460 1.4620 Local dollars to 100 units of foreign currency: Currencies Bid
      128 words
    • Article
      Lock icon INTERBANK RATES
      159 27 OctSO Overnight 2 1 -month 2 3/8 2-months 2 7/16 3-months 2 1/2 Overnight mode: 2 5/16 US$ Offer 1 7/8 2 1/4 2 5/16 2 3/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.65 4.65 4.85 4.90 4.77
      159 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 27 Oct 30 AS CS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.878 6.870 0.638 7.125 36.184 83.757 1.053 8.339 3.076 1.196 55.789 40.314 1.335 6.053 1.071 29.787 31.268 0.446 0.919 Canada 1.138 7.821
      468 words
    • Article
      Lock icon PRECIOUS METALS
      170 27 Oct 30 GOLD (USS/oz) Oct 29 Oct 30 GOLD BULLION COINS (SS) Sellini Hong Kong 791.00 784.80 792.00 785.80 Oct 26 Oct 29 London 778.10 787.80 778.60 788.40 Source: Reuters (SS) Selling Buying 1 oz 1274.37 1143 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $447.26 366 SILVER
      170 words
    • Article
      Lock icon LONDON METALS
      69 27 fi h iiuiii, yy.i (USS/tonne) Close Previous Cash 2475.00 2489.50 3 months 2525.00 2538.00 Copper, Grade A (USS/tonne) Cash 3 months 7862.00 7845.00 7905.00 7870.00 Lead (USS/tonne) Cash 3672.00 3 months 3649.00 3681.00 3655.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3 months
      69 words
    • Article
      Lock icon LIFFE
      81 27 Oct 29 Close Prev Hii ih/Low Dec 07 954 941 Mar 08 973 959 May 08 984 970 Jul 08 996 982 962/925 980/944 985/955 997/967 COFFEE (USS/tonne) Close Pev High/Low Nov 07 2160 2109 2172/2095 Jan 08 1843 1825 1855/1809 Mar 08 1790 1797 1808/1779 May 08 1793
      81 words
    • Article
      Lock icon SIBOR
      74 27 OctSO 1 mth 4.***** 2.***** 2 mths 4.***** 2.***** 3 mths 4.***** 2.***** 6 mths 4.***** 2.***** 9 mths 4.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2 mths 2.***** 3mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP Mid rates
      74 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 27 OctSol Period Issue code Maturity Yesterday's Bid Hii Day's |h Low 3-Month BQ*****N 31.01.08 1-Year BY*****A 29.09.08 2.29 2.17 2.21 2.21 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 NY*****X
      88 words
    • Article
      Lock icon CHICAGO BOT
      103 27 Oct 29 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov07 1011.00 995.50 1014.00 997.00 Jan 08 1028.75 1013.25 1031.50 1014.75 Mar 08 1043.50 1027.50 1046.00 1030.00 May 08 1046.50 1031.00 1050.00 1035.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 42.20 41.38 42.25 41.80 Jan
      103 words
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      Lock icon CRUDE OIL & PRODUCTS
      77 27 CRUDE OIL PRODUCTS Oct29 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1 -Mth F) 89.74 1.46 WTI (Near Mth) 93.53 1.71 Dubai (1 -Mth F) 83.75 1.14 Tapis blend 94.75 1.2 Minas 92.7 1.1 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 87.05 101.55 0.90 1 USS/barrel Opec
      77 words
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      Lock icon BONDS & WARRANTS
      2393 27 BONDS WARRANTS Pel lode Com| Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ('000) Ratio Price ing Left taw >036 Advance SCT Ltd W*****9 35 >835 Allgreen RBeCW*****6 5 3798 Ascendas REIT SGA ECW*****3 34.5 1481 Asia Water Tech Ltd W*****0 40 >853 AusGrpMBLeCW*****0 5.5 >878 Aztech
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      29 27 JBHH j^jl HH HB .s' *'-5^ S ,^^Bfc»; i tl m 1 nMM|Dvscl|3lTcU Brought to you by Phillip Futures Pte Ltd (A member of PhillipCapital) Your Partner In Finance
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      2317 28 0-, The Business Times mmm Shipping times I H *****1813 11 HI f a^ kTiW* Hi wFJM?SI iSSS MMM pffftJl UK CONTINENT SERVICE U.S.A SERVICE TOj^m^tf Destination Destination m^g STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL I.NTERAS.A RORO SERVCE 1 VESSEL/VOY I RAMPflff) HEIGHT(M) PKG KCH LCB I SIN I JKT Loads
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      3747 29 WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/RI I 17 A CTFDM T\ D f IMI7D I TT_ /s_& C<k Clb± TtCA %TTT_\ ihi U n...* TEL *****588 (14LINES) FAX:*****163 I N jr I__\_> 1 ILIvLN tAX LJINJIfK., LIU i|tf LL ZZJMS Y\\N MA/AN HAI INF\ Corner Service/Bookings Dirert Line-(1800) *****200 fc
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      3625 30 WmM H R H El HI I ESI Nordana (Asia) Pte Ltd uf;T.@lt.Tl 7 I Figi GLORY NAVIGATION GROUpI E3 EX E3 B^^M 70 Shenton Way, #21 -03 Marina House Singapore *****8 fKy^^\ NORTH WEST EXPRESS LINE owns operates the youngest fleet (■■■■■■■■■■■■■■■■■■■■■■■■PHlBHipiipHHailipiHPaßippal MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS
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      3984 31 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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  • MOTORING
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      Lock icon Richburg now offers grey-import Honda models
      588 32  -  SAMUEL EE Firm focusing on its strategy of offering only premium MPVs and SUVs AFTER building up a strong reputation for offering alternative Toyota models, parallel importer Richburg Motors is now moving into Honda. Two weeks ago, the Hong Kong-based company brought in its
      ARTHUR LEE  -  588 words
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      Lock icon No service fees for new tracking device
      600 32  -  SAMUEL EE Tramigo T22 works with mobile phones and needs just a SIM card to track a vehicle or person THE latest vehicle-tracking device to be offered in Singapore is promising to do away with something its backers say most owners of such
      YEN MENG JIIN  -  600 words
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  • EXECUTIVE MONEY
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      Lock icon Asia can sustain the secular bull trend
      1287 33  -  DR SHANE OLIVER The China/India theme likely to have a positive impact on the rest of Asia as it is helping to underpin intra-regional trade FOR some time we have been of the view that the global equity bull market that commenced in
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      Lock icon Aversion to mortgage rates hint of Treasuries rally ahead
      1273 34 Bloomberg American consumer opinion about borrowing costs suggests bonds are a bargain THE real mavens in the US bond market may be your next-door neighbours, and they say now's the time to buy Treasuries. Twenty per cent of Americans who say
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      Lock icon How to neutralise destructive emotions
      905 35  -  PHILIPPA HUCKLE MONEY MATTERS Structured asset allocation, rebalancing of portfolios and systematic profit-taking from maturing cycles would help achieve your goals IT'S carnival time for China stock markets. On the back of a massive 130 per cent rise in 2006, the market is up another
      AP  -  905 words
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      Lock icon Analysts see no property bubble
      1011 36 They're mum on whether it's a good time to buy, but agree Spore fundamentals are pretty robust, reports GENEVIEVE CUA PROPERTY: boom or bust? This was the intriguing question to which a capacity turnout of about 170 investors recently sought answers, at a dinner hosted
      1,011 words
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      555 33 Singapore or Hong Kong SAR? Enjoy the best of both! IhfJJ HP I™**is2 *J r i s^^j I m^om^^S^fi| I^^^ L^^^™ ri i t *y^jM^^S kk^^ v^hi^ mhmi ■■^^■n lli^^C |fc :ttlfl 3JI] '^.^^^^^^l, -X^rS.-ijtttjj-^aia^ftfrit-Evil "T:"»:- With the Shenton Twin City Fund, you'll enjoy potentially good returns from both economies.
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      113 35 Continuity in Private Banking. Clariden fj^ Leu At a Swiss private bank rich in tradition such as Clariden Leu, client relationships often span several generations. This continuity helps us to develop innovative investment products and financial services geared precisely to your expectations and objectives, based on an individual multi-step consultation.
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      833 36 ESI Ba»^L.i gc=tf -^iv^-i fc# Source: Bloomberg, 2 October 2007 Get accelerated returns from the HSECI 1 in bull markets! A simple strategy which references the HSCEI 1 Cain access to the China market the world's fastest-growing economy Enhanced return potential in a bullish market -100% exposure to the HSCEI
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