The Business Times, 10 January 2008

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Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    27 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Thursday, January 10,2008
    27 words
  • Article, Illustration
    Lock icon T3 opens doors to keep Changi a step ahead
    808 1  -  NISHA RAMCHANDANI 50% more capacity will help take on rising rivals; SIA to split operations between T2 and T3 By [SINGAPORE] Terminal 3, which will allow Changi Airport to handle 50 per cent more passengers and cement Singapore's airhub status, officially
    JOHN HENG  -  808 words
  • Article
    Lock icon Eng Wah properties put up for sale
    447 1  -  KALPANA RASHIWALA Portfolio worth around $190 m; bulk of proceeds may go to shareholders BY [SINGAPORE] Eng Wall Organisation, the subject of a reverse takeover, has put a portfolio of five cinema, retail and office properties up for sale, which sources suggest could
    447 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      45 1 KLCOMP 1,491.66 +1.92 NIKKEI 225 14,599.16 +70.49 HANG SENG 27,615.85 +502.95 SET INDEX 820.47 +8.78 JAKARTA COMP 2,830.26 +44.64 MANILA COMP 3,416.08 -4.48 SEOUL COMP 1,844.47 +18.24 SHENZHEN B 722.89 +0.41 MUMBAI IND 20,869.78 -3.55 11AM EDT Change 12,659.71 +70.64 DOW NASDAQ 2,455.26 +14.75
      45 words
    • Article
      Lock icon PRIME RATES
      26 1 Bloomberg Singapore 5.33 malaysia 6.74 HONGKONG 6.75 |NDQNES|A ***** TAIWAN 6.236 JAPAN 1.875 <OREA 9.33 BRITAIN 5.50 CANADA 6.00 Switzerland 391 India 12.75 Source:
      Bloomberg  -  26 words
    • Article
      Lock icon FOREX
      41 1 uss (s$ ier US$) 1.431 (USS/SS per 1.970 2.820 EURO(US$/S$/E) 1.472 2.107 YEN 109.60 76.60 RM 3.267 2.283 HK$ 7.804 5.453 BAHT 33.18 23.18 RUPIAH 9,458 6,609 RENMINBI 7.263 5.075 INDIAN RUPEE 39.29 27.45 A$ 1.133 0.792 NZ$ 1.298 0.907
      41 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      73 1 j^ US PRESIDENTIAL THE NEW STI BID RIGGING BizlT £jk jy^^^H RACE Revamped index Six pest control Epicor eyes growth W^^ 'V Hillary wins with kicks off today firms busted in Spore _^M ■Hw,#2bSJH woman power page 3 pages 3,8-12 page 2 page 29 m Ho Bee, 101 tie-up wins
      73 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Job data suggests US recession is here: Merrill
      586 2  -  GENEVIEVE CUA Never in past 60 years has jobless rate risen 60 points without a recession By I [SINGAPORE] A US recession is a reality, says Merrill Lynch in a Jan 7 report, calling for a defensive strategy and investments in high-quality
      BLOOMBERG  -  586 words
    • Article
      Lock icon Oil shock, recession top global risks in '08: report
      494 2 AP ;GENEVA] A sharp downturn in the global economy is the most likely and the most serious threat to the world in 2008, according to a, report released yesterday by the World Economic Forum (WEF). Fears of a US recession coupled
      AP  -  494 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Revamped STI kicks off today with 30 counters
        77 2 J A SLIMMER STI launches today, tracking just 30 stocks instead of the previous 47. A trial calculation of the new STI, obtained from FTSE and normalised by BT to match the starting value as of Oct 8 last year to that
        77 words
      • Article
        Lock icon KPMG finds manipulation of JEL accounts
        57 2 KPMG Forensic, which was appointed by JEL Corporation's audit committee last August to conduct an independent review of the financial affairs of the consumer electronics group, has found manipulation of accounts leading to group profit overstatements totalling $11.84 million for FY2006 and the first
        57 words
      • Article
        Lock icon Ho Bee, IOI tie-up wins Sentosa's Pinnacle site
        67 2 IT was the last chance for a bite of the sweet Sentosa Cove pie, but only three developers tendered for The Pinnacle Collection site with Ho Bee Investment and Malaysia's 101 Properties putting in the winning bid of $1.1 billion. The partners
        67 words
      • Article
        Lock icon Means testing: Life insurers' body seeks talks with MOH
        61 2 THE Life Insurance Association is seeking talks with the Ministry of Health about the plans to vary the level of subsidies according to patients' income or assets, known as means testing. The association said yesterday that the plans will have a
        61 words
      • Article
        Lock icon China imposes curbs on price hikes of key necessities
        64 2 CHINA'S cabinet said yesterday that it would temporarily intervene in the market to curb price rises of basic necessities like food, underlining its concern over mounting inflationary pressures. With immediate effect, producers of daily necessities that are above a certain size
        64 words
      • Article
        Lock icon Home-buying move may spur EPF withdrawals
        53 2 A GOVERNMENT initiative to boost home ownership is expected to "free up" billions of ringgit from a national social security fund, and boost property sales. Beginning January, members of Malaysia's Employees Provident Fund are allowed monthly withdrawals to fund mortgage payments for one property.
        53 words
      • Article
        Lock icon HK may ban tycoons as IPO cornerstone investors
        47 2 HONG Kong regulators may ban the practice of tycoons buying into initial public offerings as so-called "cornerstone" investors after criticism that the practice is unfair to ordinary investors, the South China Morning Post reported yesterday. GREATER CHINA/INDIA, PAGE 17
        47 words
      • Article
        Lock icon JLL sees more intensive land use near Buona Vista Station
        89 2 LAND use around Buona Vista Station is likely to be intensified to maintain the buzz from the development of one north and optimise the area's improved accessibility when the new Circle Line intersects with the existing East-West Line. Making the
        89 words
    • Article
      Lock icon Six pest control firms fined for rigging bids
      585 2  -  CONRAD RAJ They colluded to submit tenders or quotations for jobs By [SINGAPORE] Six pest control companies have been fined a total of $262,759 for rigging bids the first case of anyone infringing Singapore's competition laws. The companies were found to have
      585 words
    • Article
      Lock icon Woman power helps Hillary stun Obama, pollsters
      553 3 LAT-WP THE 2008 CAMPAIGN US presidential race thrown wide open as McCain also wins [MANCHESTER, New Hampshire] They came home for Hillary on Tuesday night. And it was enough to stop Barack Obama, at least for the moment. Women voters whose support for
      LAT-WP  -  553 words
    • Article, Illustration
      Lock icon Revamped STI kicks off today with 30 counters
      422 3  -  MATTHEW PHAN New to the index are Wilmar, Yangzijiang Shipbuilding, Yanlord and SIA Engineering By [SINGAPORE] A slimmer STI launches today, tracking just 30 stocks instead of the previous 47. A trial calculation of the new STI, obtained from FTSE and normalised
      422 words
    • Article
      Lock icon Jetstar Asia finally gets the green light from KL
      487 3  -  YEN SREENIVASAN By [SINGAPORE] Malaysia yesterday clarified that Jetstar Asia does, in fact, qualify to operate the Singapore-Kua-la Lumpur route despite its part-Australian parentage. "It is majority-controlled by Singaporean investors, and under the agreement, budget carriers nominated by the Singapore government
      487 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      296 2 Ifil B En Overview Afternoon Workshop on All employers in Singapore have Forms IRBA/IR2I mandatory annual remuneration In this practical session, we will provide reporting requirements. During this hands-on training to participants in seminar, our International Assignment preparing employer tax returns. Through specialists will address the essential case studies, our
      296 words
    • Advertisement
      Lock icon Page 2 Advertisements Column 2
      65 2 ■%amla Our resume PSRSSIr includes Fortune WOl X 500 companies. www.thepeopleatwork.com Asia-Pacific Executive Search 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
      65 words
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  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      121 3 1892: sold for a boat trip J D > it TSi* BB V 'A. O 00 I ID -a «> U E E v u_ 3 C 'a CD 3 D O "5 D Q--2006: 40.000.000* i^^^k 1 XA/AIT /#^^ls>)A^¥| WAIT. M^s A H IS i [ci I r^ki Ti
      121 words
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  • COMPANY NEWS
    • Article
      Lock icon KPMG finds manipulation of JEL accounts
      867 4  -  CHOW PENN NEE Profits overstated by $11.84 m over a one-and-a-half year period to IHO7 By KPMG Forensic, which was appointed by JEL Corporation's audit committee last August to conduct an independent review of the financial affairs of the consumer electronics group, has found
      867 words
    • Article
      Lock icon Ascott holders should take the money and exit
      660 4  -  UMA SHANKARI HOCK LOCK SIEW By EARLIER this week, property giant Capita Land announced that it would make a general offer for its listed subsidiary Ascott Group, offering to buy all Ascott shares it does not own. For Ascott's minority shareholders weighing
      660 words
    • Article, Illustration
      Lock icon Analysts still upbeat on SIA shares
      510 4  -  OH BOON PING By ANALYSTS are bullish on Singapore Airlines (SIA) despite the carrier's failure to buy into China Eastern Airlines (CEA). Yesterday, CIMB-GK issued an "outperform" call on SIA shares with a price target of $28.40, while UOB-Kay Hian carried a "buy" call
      AFP  -  510 words
    • Article
      Lock icon Feedback sought on rule changes for futures contracts
      279 4  -  MICHELLE QUAH I By SINGAPORE Exchange (SGX) is seeking public feedback on proposed amendments to futures trading and derivatives clearing rules and contract specifications of listed deliverable commodity futures contracts. The amendments relate to the performance deposits of TSR 20 Rubber Futures
      279 words
    • Article, Illustration
      Lock icon Ho Bee-IOI tie-up wins Sentosa's Pinnacle site
      590 7  -  ARTHUR SIM Bid of $I.lb seen as relatively low as US sub-prime crisis dampens market By, IT was the last chance for a bite of the sweet Sentosa Cove pie, but only three developers tendered for The Pinnacle Collection site with Ho Bee
      590 words
    • Article
      Lock icon Chemoil's Helios Terminal opens for business
      387 7  -  RONNIE LIM Plans to deliver fuel from Fujairah to proceed as planned By TODAY'S official opening ceremony at Jurong Island planned earlier by Chemoil is not taking place due to the tragic loss of its founder and CEO. But Robert Chandran's Helios Terminal is
      387 words
    • COMPANY BRIEFS
      • Article
        Lock icon Datacraft to buy NZ firm for US$3.86m
        64 7 DATACRAFT, an independent IT solutions and services company, has reached final agreement to acquire the business of Security-Assessment.com, a high-end IT security consulting firm based in New Zealand, for US$3.B6 million. Datacraft said it sees the acquisition as pivotal in its drive to
        64 words
      • Article
        Lock icon Hyflux names group deputy CEO
        113 7 WATER treatment firm Hyflux Ltd has announced the appointment of Sam Ong as its group deputy chief executive officer. Mr Ong will continue to hold his position as group chief financial officer. Prior to joining Hyflux, he had held leadership positions in the US and
        113 words
      • Article
        Lock icon Europtronic buys into China biotech firm
        98 7 EUROPTRONIC Group has entered into an investment agreement with Dinghan Biotechnology Co Ltd, which is incorporated in China and principally engaged in professional breeding, propagating and planting of phalaenopsis, developing DNA and cloning technology, and the sale of orchid seeding plants with optimised DNA.
        98 words
    • Article, Illustration
      Lock icon Biosensors seeks full control of JW Medical
      532 7  -  CHEN HUIFEN By MONTHS after buying a 50 per cent stake in Chinese stent maker JW Medical Systems, Biosensors International said yesterday it intends to acquire the rest of the company for $173 million. Biosensors will meet the price by issuing new stock
      FILE PHOTO  -  532 words
    • Article
      Lock icon STX to buy 11 bulk carriers
      240 7  -  VINCENT WEE By! STX Pan Ocean is gearing up for the dry bulk boom with a US$BlO million budget for buying ships this year. The company's board approved the budget for acquiring 11 bulk carriers and two container vessels, the company said in an
      240 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      15 4 H||yU|fajijiji^^ I B^uTHMi BBBBwiilwiwiiJPiilwiP^ BE AHEAD OF YOUR COMPETITORS. METAMORPHOSIZE WITH A STRATHCLYDE MBA. MMMMMHMHMEifIiii^
      15 words
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      Lock icon Page 4 Advertisements Column 2
      329 4 THE COMPANIES™, CAP. 50 IN THE MATTER OF THE intheZtterof companies act, cap. so MICALTRONICS PTE. LTD. AND IN THE MATTER OF (IN MEMBERS' VOLUNTARY LIQUIDATION) QUEK SENG GUAN PTE LTD CO. REG. NO. **********Z (Company Reg. No. *****0014Z) NOTICE IS HEREBY GIVEN pursuant (In Voluntary Liquidation) to Section 308(1)
      329 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Dow futures give ST Index a lift
      627 6  -  R SIVANITHY STOCKS STI moves from 46-point loss to 6-point gain; also helping was afternoon gain by Hang Seng Index ON TUESDAY, the Straits Times Index (STI) reversed a 20-point gain to close almost 15 points lower. Yesterday, it reversed a 46-point loss
      Bloomberg  -  627 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      101 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 4 8 5 0 0 0 4 8 5 Manufacturing 40 98 68 17 12 44 115 80 Commerce 32 18 23 37 22 31 Tpt/Stor/Comms 23 10 24 11 Finance 14 14
      101 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      116 6 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 27.003 27.003 144.129 144.129 Manufacturing 402.042 30.888 432.930 507.450 5.884 513.333 Commerce 100.891 15.620 116.511 129.733 2.987 132.720 Tpt/Stor/Comms 128,862 677 129.539 388.630 278 388.908 Finance 34.944 48 34.992 347.678 10 347.689 Construction 29.973 32.216 62.189 15.256 2.486 17.742
      116 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      223 6 Stock name Wt Close Change Allgreen 0.42 1.350 -0.040 Ascendasreit 0.87 2.330 4-0.040 CapitaComm 0.46 2.170 4-0.040 CapitaLand 3.99 5.950 4-0.030 CapitaMall 0.92 3.190 -0.010 Chart SemiCond 0.51 0.920 -0.020 CityDev 2.49 12.600 -0.040 ComfortDelGro 1.21 1.670 -0.020 Cosco Corp 1.94 5.700 4-0.040 Creative Tech 0.15
      223 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      921 6  -  UMA SHANKARI Singapore Healthcare Parkway Holdings, Jan 9 close: 553.85 Raffles Medical, Jan 9 close: 551.48 Credit Suisse, Jan 8 SHOT in the arm: We believe that the private sector's share of healthcare spending will increase significantly in the medium term, driven by: 1) changing demographics, 2) rising
      ; loom berg  -  921 words
    • Article, Illustration
      Lock icon Asian units outshine after US stocks slide
      537 6  -  LARRY WEE CURRENCIES ANOTHER ugly Wall Street slide in overnight trading forced two of its key indices through key support levels, but most Asian bourses were able to shrug that off yesterday which in turn inspired more fresh lows for the US dollar
      Reuters  -  537 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article, Illustration
      Lock icon UOB CATALIST INDEX
      3 6
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      44 6 CLOSE -262.00-247.00 BT OB/OS BT CADI -*****.00-121.00 BT 10-day MA -*****.00 -26.00 All-SG Equities 940.42 +4.69 SG Equities Elect 94.24 -3.25 SG Equities Fin 2326.31 +20.40 SG Equities Prop 1236.57 -8.38 SIMSCi 406.45 +1.70 SIMSCI Futures 407.20 +2.10 PrimePartnersCI 227.98 -1.96
      44 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      56 6 VOLUME Firstßes 74,630,000 Firstßes MEReCWOBO4OB 72,656,000 CapitalanDßeCWoBo6l6A 62,282,000 GMG Global 48,960,000 Ascott Grp 48,391,000 JiutianC 39,086,000 Yanqzijianq 35,729,000 JES 33,050,000 SinqTeISGAeCWOBO3I7 28,083,000 DBS DBeCWOBO3IO 27,767,000 VALUE(S) Capita Land 139,331,154 Firstßes 128,410,620 Wilmar 107,397,160 SGX 101,420,500 DBS Grp 86,906,425 Ascott Grp 83,072,890 UOB 82,813,692 S I A 80,905,440
      56 words
    • Article
      Lock icon RISES
      109 6 CLOSE UP GLD 10US$ 8800 257.5 2.1 China H 10US$ 2067 100.1 3. STI ETF 100 3600 80.0 2.3 JSH 1600 71.5 3.2 Jardine C&C 2030 52.0 2.6 Wilmar DBeCW*****1 111 46.5 72.1 Wilmar 560 40.0 7.7 iBS Gr| 2030 26.0 1. IS MSCI India 100 1034 20.0 1.4
      109 words
    • Article
      Lock icon FALLS
      118 6 CLOSE DOWN JMH 2670-108.7 -2.8 Omei |aNav 2400 -80.0 -3.2 Venture Con 1150 -44.0 -3.7 Total Access 102 -27.2 -15.7 Creative Tech 578 -24.0 -4.0 Great Eastern 1680 -20.0 -1.2 IA Em 442 -17.0 -3.7 STI 3650 DBeCW*****2 29 -13.5 -31.8 'eloni 175 -13.0 -6.L F&N SGA eCW*****4 15
      118 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      86 6 Jan 9 CLOSE CHNG FR Jan 8 YR 2008/07 S$ LOW S$ HIGH USS 1.4308 0.05 1.5479 1.4303 Euro 2.1054 0.07 2.1639 1.9913 Pounds 2.8091 0.82 3.1194 2.8065® AS 1.2638 -0.47 1.3555 1.1741 Yen* 1.3094 -0.18 1.3821 1.2285 Rupiah* 0.***** -0.06 0.***** 0.***** Baht* 4.3135 -0.31
      86 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      269 7 If you are in any of these situations: r~^\ 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 watch
      269 words
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  • THE NEW STI
    • Article, Illustration
      Lock icon The evolution of STI
      1615 8  -  Matthew Phan 1970 The Straits Times Index (STI) starts life as the ST Industrials Index (STII), with 30 stocks drawn purely from the industrials sector. 1998 Sept: The Straits Times Index is launched, replacing the STII, which was criticised for failing to reflect banking, property and
      1,615 words
    • Article, Illustration
      Lock icon A top MRO player with humble origins
      628 10  -  YEN SREENIVASAN Once an SIA unit, SIAEC gets most of its revenue by itself By1 FOR the folks at SIA Engineering Company (SIAEC), the stock's addition to the Straits Times Index (STI) vindicates the company's strategy and recognises its phenomenal growth from its
      628 words
    • Article
      Lock icon Wilmar rides high as palm oil prices surge
      672 10 It earned revenues of 10b in the first nine months of 2007, reports MATTHEW PHAN THE second-biggest capitalised stock on the Singapore Exchange, Wilmar International, was founded in 1991 as a palm oil trading firm and has grown organically as well as
      672 words
    • Article
      Lock icon Yangzijiang proves a winner for lucky IPO investors
      457 10  -  CONRAD RAJ By i YANGZIJIANG Shipbuilding Holdings' initial public offer in April last year was the largest by a Chinese company in Singapore. And those lucky enough to get shares at the IPO price of 95 cents apiece have not been disappointed.
      457 words
    • Article, Illustration
      Lock icon Yanlord has landbank in 8 Chinese cities
      484 10  -  MATTHEW PHAN For 9 months last year, value of pre-sold units doubled to $1.1 billion By I ONE of the companies whose shares are joining the STI this year is Yanlord Land Group, a top-tier property developer in China. Founded in 1993 by
      Company presentation, BT estimates  -  484 words
    • Article
      Lock icon Revamped ST Index
      104 10 (30 constituents) 1 Capita Land 2 Capita Mall Trust 3 City Developments 4 Cosco Corporation (S) 5 DBS Group Holdings 6 FraserAnd Neave 7 Genting International 8 Hong Kong Land 9 Jardine Cycle Carriage 10 Jardine Strategic 11 Keppel Corporation 12 Keppel Land 13 Neptune Orient Lines
      104 words
    • Article
      Lock icon Methodology for new-look STI and its sister indices
      986 12 MATTHEW PHAN introduces the 19 indices in the FTSE ST Index Series TODAY marks the launch of the revamped Straits Times Index, developed jointly by Singapore Press Holdings, the Singapore Exchange and Britain's FTSE Group. The new index features just 30 stocks,
      986 words
    • Article
      Lock icon FTSE ST China Index
      205 12 (50 constituents) 1 Asia Dekor Holdings 2 Asia Environment Holdings 3 AsiaPharm Group 4 Bio-Treat Technology 5 Bright World Precision 6 C&O Pharmaceutical Technology Holdings 7 C&G Industrial Holdings 8 Celestial Nutrifoods 9 China Angel Food 10 China Aviation Oil (S) Corporation 11 China Dairy Group
      205 words
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      4741 9 124 38.5 7513 Macqmri. MP Rerl 120 unch 3182 120 119 20,7 1136.6 12 4 88 5 751 3 Macquarie MP Reit 120 unth 3182 120 119 20,7 1136.6 m Y M n^,.,! HI 3 IS! g?Br..~=EE~g| 51 i «1 4 6.9 till g S BSK::::=E=SS Si *S 4 3
      4,741 words
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  • Page 11 Advertisements
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      178 11 ROLL ON >» 2008 Marked a Roll On of our business in the high-tech aluminium foil rolling business. Our new mill is now one of the largest in China that is capable of rolling out highly specified aluminium foils of up to 6 micron thickness for use in the cigarette
      178 words
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      2394 12 J I I In lhe Matter of IN THE MATTER OF THE COMPANIES The Companies Act, Cap.so f— —I f ACT,CHAPTERSO A"<> m V In the Matter of »*1 HOLDINGS CLP ENERGY SINGAPORE PTE LTD MERINO INVESTMENT CO. (PTE) LTD t-»-lJ C2O HOLDINGS LIMITED COMPANYRKBTRJTION MO. (In Member*' Voluntary Liquidattonl
      2,394 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Means testing: Life insurers' body seeks talks with MOH
      299 13  -  CHEW XIANG Subsidy plans will have definite impact on health insurance market, says Life Insurance Association By THE Life Insurance Association is seeking talks with the Ministry of Health about the plans to vary the level of subsidies according to patients'
      299 words
    • Article, Illustration
      Lock icon A tunny skit with a serious message for the Third Age
      270 13  -  Arthur Lee BANKS are generally seen as eager to encourage spending, especially with credit cards. But in a reversal of emphasis, the Association of Banks in Singapore (ABS) is staging a skit called Money Got Enough. The 10-minute, lighthearted
      ARTHUR LEE  -  270 words
    • Article
      Lock icon Car COE premiums edge up slightly
      267 13 THE COE premiums for the small and big car categories edged up in the first COE tender of the new year, but it was the commercial vehicle category that raised eyebrows. A certificate of entitlement for Category C for goods vehicles and buses jumped
      267 words
    • Article
      Lock icon Academy launches legal news service
      340 13  -  LYNETTE KHOO By BUSY lawyers now can turn to a big time-saver a free one-stop legal news service rolled out by the Singapore Academy of Law (SAL). Here, they can glean the latest legal happenings in Singapore. Singapore Law Watch (SLW), which was officially launched
      340 words
    • Article
      Lock icon Inflation rate could push past 6% in Q1
      553 13  -  CHEW XIANG Upward revision of value of public housing cited By SINGAPORE'S inflation rate could soar past 6 per cent in the current quarter, beating previous estimates, as an upward revision of the value of public housing kicks in this month and
      553 words
    • Article
      Lock icon Bids for transitional office site fall short of expectations
      312 13  -  ARTHUR SIM By, THE Urban Redevelopment Authority (URA) has named the bidders for a 15-year leasehold transitional office site at Mountbatten Road. The top bid came in at $14.9 million or $69.17 per square foot per plot ratio (psf ppr) 14
      312 words
    • Article
      Lock icon President gets new advisers
      256 13 NEW members have been appointed to the Council of Presidential Advisers (CPA) from Jan 2. President SR Nathan has appointed retired High Court judge Goh Joon Seng as a member of the CPA for a term of six years. Keppel Corp chairman Lim Chee Onn, and
      256 words
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      Lock icon Page 13 Advertisements Column 1
      792 13 L nsC1 Frustrated by slow network or Internet access in your office? I u^, Worried about the confidentiality and integrity of your data? Concerned about security when you transact over the Internet? Faced with frequent virus or spam attacks even with the use of antivirus software? Wondering if you can
      792 words
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  • ECONOMY WATCH
    • Article
      Lock icon IMF trims 2007 global growth estimate
      289 14 Reuters, AFP [WASHINGTON] The International Monetary Fund (IMF) has lowered its 2007 global growth estimate by one-half percentage point after recent data showed that the economies of China and India were smaller than previously thought. The IMF now estimates that last year's global economic
      – Reuters,; AFP  -  289 words
    • Article
      Lock icon China imposes curbs on price hikes of key necessities
      470 14 Reuters Measure underlines concern over soaring inflation, driven by food prices [BEIJING] China's cabinet said yesterday that it would temporarily intervene in the market to curb price rises of basic necessities like food, underlining its concern over mounting inflationary pressures. China
      Reuters  -  470 words
    • Article
      Lock icon Bush likely to extend tax breaks
      568 14 -NYT But no firm decision till he gives State of the Union speech [WASHINGTON] If US President George W Bush becomes convinced that the economy is indeed headed towards a recession, he is likely to respond much as he did on entering office in
      -NYT  -  568 words
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      Lock icon Page 15 Advertisements Column 1
      441 15 JJ3r mMit-M k^^^Btfl/tiHHM'MWSE I 1 1"^*^^ SHU All renderings featured are artists impressions only. 11l 11 I I I I A Living Voyage to Luxury Living isi s^i I s 2 I schools c E n ct?nTa d l MILLENI Revel in the ambience of an iconically sensual living-space GARDENS
      441 words
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  • MALAYSIA
    • Article
      Lock icon Home-buying move may spur EPF withdrawals
      561 16  -  PAULINE NG RM9.6b will be unleashed yearly if all members take up XL's offer: CSFB 3y I in Kuala Lumpur A GOVERNMENT initiative to boost home ownership is expected to "free up" billions of ringgit from a national social security fund, and boost property
      561 words
    • Article, Illustration
      Lock icon No ban on recruiting Indian workers: minister
      376 16 AP Potential diplomatic crisis with India diffused [KUALA LUMPUR] A Malaysian Cabinet minister yesterday confirmed that the government has not frozen the recruitment of workers from India, defusing a potential diplomatic crisis with its third largest labour supplier. "Let me state categorically that
      AP; REUTERS  -  376 words
    • Article
      Lock icon Sime on roadshow to US
      71 16 [KUALA LUMPUR] Senior officials of Malaysia's most valuable company, Sime Darby Bhd, will go on a roadshow to the United States and London next week. They will meet investors and woo potential in- vestors, reported Malaysia's Business Times, citing sources. This will be the company's
      71 words
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  • GREATER CHINA/INDIA
    • Article, Illustration
      Lock icon Sarkozy's girlfriend a protocol problem for Indian officials
      398 17 ■NYT [NEW DELHI] Should a motorcade be allocated to Carla Bruni, the girlfriend and possible fiancee of the French president? This is one of the protocol issues perplexing Indian officials as they prepare to welcome Nicolas Sarkozy for the nation's Republic Day
      ■NYT; REUTERS  -  398 words
    • Article
      Lock icon Indian mutual funds leave stocks trailing
      358 17  -  SIDDHARTH More than 150 funds made over 50% in 2007; 13 returned around 100% By SRIVASTAVA in New Delhi WHILE India's main stock indices enjoyed an unprecedented rise of some 50 per cent in 2007, mutual funds fared even better. An analysis of year-end
      358 words
    • Article
      Lock icon HK may ban tycoons as IPO cornerstone investors
      231 17 Reuters Regulators consider move after criticism that practice is unfair to retail investors [HONG KONG] Hong Kong regulators may ban the practice of tycoons buying into initial public offerings (IPOs) as so-called "cornerstone" investors after criticism that the practice is unfair to
      Reuters  -  231 words
    • Article
      Lock icon Year of the fluorescent green pigs
      202 17 Reuters [BEIJING] A fluorescent green Chinese pig has given birth to two piglets which share their mother's transgenic characteristic after she mated with an ordinary pig, state media said. The mother sow is one of the three fluorescent green pigs successfully bred by a
      Reuters  -  202 words
    • Article
      Lock icon Beijing varsity chosen as 'Cradle of Chinese Tycoons'
      321 17  -  Xinhua 27 of its ex-students make it to Rich Lists in the past 5 years [BEIJING] With 27 of its alumni appearing on China Rich Lists from 2003 to 2007, Beijing University was chosen the "Cradle of Chinese Tycoons" in a report
      321 words
    • Article
      Lock icon Total China curbs on video sites unlikely
      526 17 -AP Private sites may be allowed to work around new rules [HONG KONG] China wants to exert more control over Internet videos with recently issued rules that restrict video-sharing websites to state-controlled companies, analysts say. But analysts also believe the new order, issued
      -AP  -  526 words
    • Article
      Lock icon BURSA MALAYSIA
      2303 17 Ian 9 RM Cooo) Realty 0.89 \bric Bhd 0.28 -\dvance Synergy 0.22 -\dventa Bhd 1.46 Multi Hldgs 0.27 Win Holdings 2.61 -\hmad Zaki Resou 1.86 ■vie Corp 0.80 \irasia Bhd 1.59 -\kn Technology 0.69 -Oliance Financi 3.16 -Outninium Co 1.22 -vmalgamated Ind 0.49 -vminvestment Grp ....unch \mmb HldgsBhd
      2,303 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Insurance regulator urged Berkshire to enter market
      793 18 NYT Regulator offered new business idea to Buffett's righthand man Ajit Jain [NEW YORK] Shortly before Thanksgiving, Eric R Dinallo, the insurance regulator for New York state, did something unusual. He called Warren E Buffett's right-hand man on insurance, Ajit Jain, and suggested
      NYT; BLOOMBERG  -  793 words
    • Article
      Lock icon Japan to setup eco funds in Asia
      148 18 Reuters [TOKYO] The Japan Bank for International Cooperation (JBIC) is holding talks with Mizuho Financial Group and other financial institutions to set up environmental funds aimed at investing in projects to cut greenhouse gas emissions in Asia. The total size of the funds
      Reuters  -  148 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7746 18 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty'** 1 002/ Star Europe Bond 1 2-6/ Star Europe Bal 1 )1\ Star Asian Tiger l<|iv 1 ',27/ Star Asia Bond 1 251/ Star Asia Balan.ed 1 -51/ Star Global Te. hnoloqv hind'" -2-9/ Multi St Fd "')17/ Star
      7,746 words
    • Article
      Lock icon Citigroup consolidating its mortgage operations
      565 19 ■AP Goal is to create a business that will reduce costs and assess risk better [NEW YORK] Citigroup, badly bruised by the sharp downturn in the housing market, is bringing all of its mortgage-related activities under one roof. In a memorandum released on Tuesday afternoon,
      ■AP  -  565 words
    • Article
      Lock icon Thailand's PM willing to hold talks with Thaksin's wife
      332 19 AFP [BANGKOK] Thailand's prime minister said yesterday that he was willing to hold talks with the wife of ousted premier Thaksin Shinawatra to find ways to resolve the nation's political woes. Surayud Chulanont, who was appointed prime minister after the military
      AFP  -  332 words
    • Article, Illustration
      Lock icon Clinton basks in crucial New Hampshire win
      370 19 Reuters, AFP [MANCHESTER, New Hampshire] Led by Democrat Hillary Clinton and Republican John McCain, candidates fanned out across the country yesterday in a presidential race dramatically reshaped by their comeback wins in New Hampshire. Mrs Clinton, the New York senator and former first
      Reuters, AFP; REUTERS  -  370 words
    • Article
      Lock icon Eurozone Q3 GDP up, outlook still gloomy
      496 19 Reuters Year-on-year, GDP rose 2.7 per cent in the third quarter [BRUSSELS] Stronger growth in France and Belgium led the euro zone's third quarter economic rebound even higher than previously reported, data showed yesterday, but the economy is still heading for a slowdown.
      Reuters  -  496 words
    • Article
      Lock icon Lloyd's targets Islamic insurance
      384 19 Bloomberg [LONDON] Lloyd's of London, the world's biggest insurance market, plans to offer Islamic insurance as part of an expansion in emerging markets where sales growth may outpace that of the US, chairman Peter Levene said. The 320-year-old market "is looking at how we get in"
      Bloomberg  -  384 words
    • Article
      Lock icon 19 firms fined for overstating volumes
      296 19 Bloomberg [NEW YORK] US brokerage regulators fined 19 firms, including Merrill Lynch, ÜBS and Lehman Brothers, a total of US$2.B million for overstating trading volumes used to compile rankings. An examination of figures in August 2006 showed that every company made "substantial overstatements" in
      – Bloomberg  -  296 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      41 18 A HEALTHY PORTFOLIO NEEDS A BALANCED DIET jj^\ ■^c£^'>;?",'v'%;^ BnS& or a PersP ective on now balancing your portfolio can help you deal with market %s%■■* *fyWZLJ''iZZX'f-'■ iZX><ZZi'XZ^X'Z'ZX^£s}f'J' if fnb. volatility, speak to your financial advisor or visit www.franklintempleton.com.sg. FRANKLIN TEMPLETON
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  • Page 19 Advertisements
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      Lock icon Page 19 Advertisements Column 1
      108 19 fc- SAVE TAX Our qualified professionals W/MJ can assist you with offshore p| J structures, shelf companies J and incorporations in ALL jurisdictions including: British Virgin Islands kI Cayman Islands 7^l Bahamas >|1^ Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also
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  • AVIATION
    • Article
      Lock icon Airbus set to clinch 100 jet orders worth US$.9b
      326 20 -AFP Midsize aircraft leasing company Awas poised to unveil orders: report [NEW YORK] Leasing company Awas (Ireland) Ltd is expected to announce a deal to buy up to 100 Airbus jets worth US$6.9 billion, the Wall Street Journal reported yesterday in
      -AFP  -  326 words
    • Article
      Lock icon Record Embraer deliveries in 2007
      315 20  -  YEN SREENIVASAN By BRAZILIAN planemaker Embraer is flying high, boasting a record delivery of jets last year, as well as a record firm order backlog as it begins the new year. It delivered 61 jets to the commercial aviation, executive aviation, and defence and government
      315 words
    • Article, Illustration
      Lock icon China Eastern deal clouded by nationalism, ambition
      691 20 -Reuters Stand-off with Air China could last for months, say analysts [SHANGHAI] Economic nationalism, personal ambition and high stock prices are fuelling a battle for a stake in China's third biggest airline, and calling into question the government's effort to make the sector
      -Reuters; BLOOMBERG  -  691 words
    • Article
      Lock icon Southwest set to reveal Denver flight plans
      154 20 Bloomberg [CHICAGO] Southwest Airlines Co will detail its flight strategy for Denver, one of its fastest-growing markets, as rival UAL Corp's United Airlines trims service. Southwest chief executive officer Gary Kelly was to discuss "our plans for Denver moving forward" at a news
      Bloomberg  -  154 words
    • Article
      Lock icon Boeing to satisfy FAA concerns
      128 20 Bloomberg [SEATTLE] Boeing Co said on Tuesday that it is working to address regulators' concerns that the in-flight entertainment system on the new 787 Dreamliner may present a security breach, and that testing for the new jetliner will stay on schedule. The Federal Aviation Administration
      Bloomberg  -  128 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2403 20 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), B-.: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airline EVA Airways
      2,403 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      334 20 CRYPTIC CROSSWORD ACROSS 7 Showing favouritism, section one has a likely leader Hi HT H3 H4 ■F H^ (7) BBBH__BH__HH__^B__BH__HBL is very old (7) 10 Foreign Legion on track at __HbL_HH__HH__HH__^H__Hß__HH__ 12 Workers accept posh rela13 Sign -or a museum will ac- cept a person knowing noth15 The former students
      334 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Maersk plans to layoff 3,000 workers
      448 21 -AP [COPENHAGEN] The struggling US economy has claimed some victims that few Americans have heard of. Copenhagen-based AP Moeller-Maersk, the world's largest ocean shipping line, plans to lay off up to 3,000 of its container division's 25,000 workers, in part because of a slowdown
      -AP; BLOOMBERG  -  448 words
    • Article
      Lock icon Maritime industry set to get hotter in Asia
      710 21  -  VINCENT WEE Maritime services, offshore industry, freight forwarding seen growing fastest By [SINGAPORE] The world's maritime industry, increasingly an Asian affair, is becoming even more competitive, a new survey shows. According to a report by business intelligence consultancy Fusion Consulting, Asia already
      710 words
    • Article
      Lock icon S Korea may win third year of record contracts
      488 21 -Bloomberg [HONG KONG] Hyundai Heavy Industries Co and other South Korean contractors may receive a third year of record orders for refineries, floating platforms and power plants to support economic growth in the Middle East and Asia. The nation's construction companies
      -Bloomberg  -  488 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        128 21 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks Jaya 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 0.77 0 38 5
        128 words
      • Article
        Lock icon KLSE
        46 21 '000 Jan 9 Vol nt'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 1 14 9 70 9 70 4 40 3 08 0 26 018 0.02 -0.05 0.05 0.02 0.02 -0.01 unch 124! 1851 209' 1421 23: 4; 40!
        46 words
      • Article
        Lock icon BANGKOK
        12 21 '00 Precious Ship Regional Cont 25.00 28.25 -0.50 unch 2741 9(
        12 words
      • Article
        Lock icon HONGKONG
        12 21 '000 Jan Ooil Singamas Cont 52.30 ...3.04 -1.50 -0.03 193! 2101
        12 words
      • Article
        Lock icon PHILIPPINES
        24 21 '000 Jan 'eso Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.70 43.50 2.00 unch -0.10 0.50 unch unch 243: 24] i: I
        24 words
      • Article
        Lock icon TAIPEI
        21 21 Jan Evergreen Marine ....30.10 First Steamship 75.20 Wan Hai Lines 29.10 Yang Ming Marine...23.90 -0.40 -0.20 -0.05 0.75 3i 1!
        21 words
      • Article
        Lock icon TOKYO
        41 21 '000 Jan fen Kawasaki Hvy Ind ..308.00 2.00 ***** Kawasaki Kisen ....1052.00 38.00 ***** Mitsubishi Hvy 459.00 16.00 ***** Mitsui Eng&Sbldg...406.00 6.00 ***** MitsuiOsk Lines ...1378.00 46.00 ***** Nippon Express 570.00 4.00 4524 Nippon Yusen 862.00 19.00 9063 Source: Reuters
        41 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon A difficult first half for equities
      517 22 EDITORIAL IT is not often that analysts and brokers are virtually unanimous in their stockmarket outlook but as 2008 kicks off, this is one such occasion. As it stands now, the conventional wisdom is that the first half will be volatile and difficult but
      517 words
    • Article, Illustration
      Lock icon Japan only has itself to blame for its economy
      927 22  -  WILLIAM PESEK JR However it is hardly alone in shooting its economy in the foot AS ECONOMISTS buzz about a Japanese recession, officials in Tokyo are racing to assign blame. An unfolding global slowdown is the most mentioned excuse. Fallout from
      AP  -  927 words
    • Article, Illustration
      Lock icon Bad news yet to reach the economists' ivory towers
      849 22  -  ANTHONY ROWLEY THE BOTTOM LINE READING recent reports by the World Bank and the Or ganisation for Economic Co-operation and Developmen (OECD) on prospects for the global economy, one is in clined to wonder whether economists in these two institu tions
      849 words
    • Article, Illustration
      Lock icon The big lie in the US presidential race
      852 23  -  ROBERT SAMUELSON The Washington Post Writers Group Today's young workers and children are about to be engulfed by a massive income transfer from young to old THE big lie of the US presidential campaign 2008 so far is that the candidates, Democratic
      The Washington Post Writers Group; REUTERS  -  852 words
    • Article, Illustration
      Lock icon 'Obamania' in eclipse as Hillary wins New Hampshire
      779 23  -  LEON HADAR Washington Correspondent IN THE aftermath of last week's Democratic and Republican caucuses in lowa, it seemed as though the political pundits in Washington were joining what was described as "Obamania", an ec-stasy-like outburst of enthusiasm over the impressive victory of
      AP  -  779 words
    • Letter
      Lock icon True number portability for all
      142 23  -  Ho Hwei Ling (Ms) LETTER TO THE EDITOR WE refer to the letter "What will happen to current subscribers?" (BT, Jan 3) by Jason Chiam Chiah Sern. With the launch of True Number Portability in the second quarter of 2008, consumers can keep their existing
      142 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8465 24 Transaction date: Jan 9 52-wks Tel |h Low Code Last Sale Vol ('000) Hii Day Last Quote |h Low Buyer Seller Div GrYld Net C'vr P/E MCap $mil Hii Co mi 5716 1st Software 22 8.5 3148 STelecom 33 15.5 5834 A-Sonic 105 98 6389 ABF SG Bond
      8,465 words
    • Article
      Lock icon SGX XTRANET
      73 24 _Hm Low Code Comi Sale COOP] _Hm Low Bit Seller C'vr P/E $mi 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 US200d US6200 US1000 US***** 250 80 100 100 ***** ***** 6170 SPDRS 3983 2975
      73 words
    • Article
      Lock icon SGX CATALIST
      2102 24 Hii Low Code Comi Sale room Hii Low Bu1 Seller C'vr P/E 30 11.5 1181 s AAGrp 415 205 5000 s ABR Hldgs 31 185 8538 s APStrategic 165 3 1501 s Advanced System 705 15 1524 s Alantac 225 85 7814 s Albedo 465 28 5021 s
      2,102 words
    • Article
      Lock icon CLOB INTERNATIONAL
      213 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      213 words
  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      21 24 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. M- Tel: 6238 6678 Fax: 6238 6676. Internet: http://www.audemarspigjet.com ,**B^B jg^^^m tlpS&^lsi
      21 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      372 25 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 8 World Index Preliminan 1094.7 0.3 -0.5 -0.1 -3.1 0.2 3.8 t EAFE Preliminan 1086.0 0.5 -2.0 0.1 -1.2 0.4 5.9 Euri Preliminan 1503.6
      372 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 25 A s 9am 9 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2580 1.2730 Can dollar 1.4180 1.4350 Euro 2.0960 2.1200 NZ dollar 1.0920 1.1160 Sterlin md 2.8110 2.8420 US dollar 1.4240 1.4410 Local dollars to 100 units of foreign currency:
      130 words
    • Article
      Lock icon INTERBANK RATES
      163 25 Jan 9 fer Bii Overnight 1 1/8 1-month 1 7/16 2-months 1 5/8 3-months 1 3/4 Overnight mode: 7/8 USS Offer 1 1 5/16 1 1/2 1 5/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 1 2 months SFr 4.37 4.40 4.43
      163 words
    • Article
      Lock icon STOCK INDEX FUTURES
      23 25 Jan 9 ten. STI SIMSCI Jan 399 409.9 407.2 Taiwan Jan 303.4 315.5 314.7 Source: MF Global (S) Pte. Ltd
      23 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 25 Jan 9 Bid Offer 1-month 1.4269 1.428 2-months 1.4237 1.4248 3-months 1.4211 1.4222 6-months 1.4141 1.4154 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      152 25 ~~17l Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2624 1.2640 0.8824 0.8829 Canadian dollar 1.4255 1.4272 0.9964 0.9969 Euro 2.1061 2.1080 1.4722 1.4725 NZ dollar 1.1014 1.1036 0.7699 0.7709 Sterlim 2.8186 2.8211 1.9702 1.9701 US dollar 1.4306 1.4316 S$/US$ to
      152 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      347 25 janA EURODOLLAR FUTURES Mar08 Jun08 Sep08 Dec08 96.115 96.570 96.805 96.915 0 0 0 0 ***** ***** 7458 4327 EUROYEN FUTURES Mar08 99.235 99.240 Jun08 99.315 99.320 Sep08 99.305 99.315 Dec08 99.260 99.270 Mar09 99.200 99.215 Jun09 99.165 99.165 Sep09 99.100B Dec09 99.230 99.315 99.305 99.255 99.200
      347 words
    • Article
      Lock icon SICOM FUTURES
      278 25 Jan 9 KUbbbK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Feb 08 Mar 08 Apr 08 May 08 Jun 08 Jul/Sep 08 377.00 381.25 387.00 391.25 392.00 393.00 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      278 words
    • Article
      Lock icon CHICAGO BOT
      104 25 Jan 8 (5,000 bu min: US cents/60 Ib bushels) Close Previous High/Low Jan 08 1256.50 1236.00 1265.00 1249.00 Mar 08 1267.00 1249.75 1279.50 1262.00 May 08 1286.00 1268.50 1296.50 1278.00 Jul 08 1295.00 1276.25 1305.00 1287.00 SOYBEAN/OIL (60,000 lbs:Uscent/lb) Close Previous High/Low Jan 08 50.51 50.20 51.05 50.48
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      78 25 CRUDE OIL PRODUCTS Jan 8 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 96.03 1.8 WTI (Near Mth) 96.50 1.29 Dubai (1 -Mth F) 89.64 -1.58 Tapis blend 99.9 -1.8 Minas 98.25 -1.8 PRODUCT USS/barrel (FOB S'pore) Close Change ire) Naphtha Jet Kerosene 94.65 110.65 -0.40 -0.2 USS/barrel
      78 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 25 Jan 9 AS CS Rmb Euro HKS Ind Rs Ru| Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.886 6.410 0.599 6.888 34.678 83.477 0.967 8.274 2.883 1.146 55.099 35.802 1.263 6.053 0.982 28.661 29.282 0.448 0.883 Canada 1.129 7.238
      468 words
    • Article
      Lock icon GOVERNMENT SECURITIES TREASURY BILLS
      83 25 Jan 9 code Bid Hii Low 3-Month BQ*****E 10.04.08 1-Year BY*****A 29.09.08 1.66 1.73 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid HiDay's igh 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 3.125 20-Year NZ*****S 3.500 Note:
      83 words
    • Article
      Lock icon SIBOR
      75 25 Jan 9 1 mth 4.***** 1.***** 2 mths 4.***** 1.***** 3 mths 4.***** 1.***** 6 mths 4.***** 2.***** 9 mths 4.***** 2.***** 12 mths 3.***** 2.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP
      75 words
    • Article
      Lock icon PALM OIL
      61 25 Jan 9 Delivery Month Opening Range Sett Av Price Price Hii Low Vol Open Done Position Jan 08 3180 3195 3196 3180 140 1204 Feb 08 3180 3205 3208 3177 1404 5350 Mar08 3182 3201 3204 3173 6198 ***** Apr 08 3167 3192 3196 3165 2008 6323 Total
      61 words
    • Article
      Lock icon PRECIOUS METALS
      139 25 j an9 (US! f/oz) Jan 08 Jan 09 Hong Kong 870.00 884.20 871.00 885.20 Jan 07 Jan 08 858.65 874.20 859.35 874.90 Source: Reuters London CAST BAR (SS) Jan 09 Buying Sellini Kilobar "43,802.59" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1
      139 words
    • Article
      Lock icon LONDON METALS
      68 25 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2456.80 2417.20 3 months 2505.00 2468.00 Copper, Grade A (USS/tonne) Cash 3 months 7197.50 7230.00 6869.50 6910.00 Lead (USS/tonne) Cash 2657.20 3 months 2660.00 2582.50 2590.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3 months *****.00
      68 words
    • Article
      Lock icon LIFFE
      81 25 Jan 8 COCOA (£/tonne) Close Prev Hii ih/Low Mar 08 1111 1102 1120/1097 May08 1129 1119 1138/1113 Jul 08 1157 1147 1165/1143 Sep08 1133 1124 1138/1120 COFFEE (USS/tonne) Close Pev High/Low Jan 08 1933 1917 1946/1920 Mar 08 1966 1951 1981/1943 May 08 1983 1968 1999/1962 Jul 08 1997
      81 words
    • Article
      Lock icon BONDS & WARRANTS
      2425 25 BONDS WARRANTS Lei Lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left S747 Allgreen RB ECW*****1 2.5 -0.5 600 0.5 163 2 >835 Allgreen RBeCW*****6 2 -0.5 10 0.5 218 A 1798 Ascendas REIT SGA ECW*****3 4.5 -1.5 6563 1 248 2 1851
      2,425 words
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  • Page 26 Advertisements
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      Lock icon Page 26 Advertisements Column 1
      3568 26 m The Business Times Shipping Times _FV KPI B-fjffl^JifflTWWtffß-fWWtßßffil I WAN HAI INTERNATIONAL PTE LTD (KN0M**********/R V—— ■_.▼—i fml^imY^'^M'nYlmMßl %TTT^\ 111- LI II- I ihip«< TEL *****588 (14 LINES) FAX:*****163 V "^^W^| f^^^^^B Egg BuWSfi V\\M IIAIAM HAI INpN Customer Service/BookingsDire(tUne-(1800)*****200 M^"J^__^_J _f" I I I*!*l»l- I I ***** MSB
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  • Page 27 Advertisements
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      Lock icon Page 27 Advertisements Column 1
      3395 27 OGIST/C\j> 111 WEEKLY EXPRESS SAILING SCHEDULE t Ls^Z^Jm !L I VOY I PKL I SIN I KHI I DXB I BAB I DMM I BIK IKH Z\ ALSO ACCEPTING T0 ALL NORTHERN AND WESTERN ICD POINTS N fZC^WAV ~IJP\ Iml ■Ull TENTH OCEAN PCLB23B 15/01 16/01 25/01 29/01 30/01 01/02
      3,395 words
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      Lock icon Page 28 Advertisements Column 1
      4055 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 Epicor eyes growth in S'pore
      786 29 It finds attractive opportunity in tech-upgrading push by SMBs, writes AMIT ROY CHOUDHURY ENTERPRISE software provider Epicor Software is ramping up operations in Singapore as it expects small and medium-sized businesses (SMBs) here to embrace technology in a big way to increase productivity. The company's
      786 words
    • Article, Illustration
      Lock icon Bold new computer ideas from Lenovo this month
      380 29  -  WINSTON CHAI Idea Pad notebooks, Idea Centre desktops being launched By CHINESE computer maker Lenovo is hoping to tug at the purse strings of consumers with a new "idea" line of computers that promise to blend both form and function. Its Idea
      380 words
    • Article
      Lock icon US retailers not happy as shoppers grow cautious
      566 29 Reuters [LAS VEGAS] The toll that economic uncertainty has taken on US consumer electronics retailers was made very clear on Tuesday by Circuit City CEO Phil Schoonover. "I am not smiling," he said, when asked to reflect on his 2007 sales. He
      Reuters  -  566 words
    • Article, Illustration
      Lock icon ANTlabs tool stiffens security of e-commerce
      655 29  -  WINSTON CHAI By A SMALL home-grown technology company is hoping to make it to the big stage with a product which promises to neutralise the dangers of transacting on the Internet. Advanced Network Technology Laboratories (ANTlabs), traditionally a provider of network access control technology
      655 words
    • Article
      Lock icon Microsoft offers US$1.2b for search software firm
      301 29 -AP [NEWYORK] Microsoft bid US$l.2 billion on Tuesday for a Norwegian search software company in what analysts said was mainly an effort to add more tools to its lucrative Office products, but was also being done with an eye towards fending off rival
      -AP  -  301 words
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  • PROPERTY
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      Lock icon China property bond risk rises to record
      433 30 Bloomberg Analysts cite moves to cool market, curb loans to developers to fund expansion [SINGAPORE] The risk of property developers in China defaulting on their debt rose to a record, according to traders of credit-default swaps. The cost to protect bonds sold by
      Bloomberg  -  433 words
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      Lock icon Beijing to expand CBD fourfold
      238 30  -  Xinhua [BEIJING] Beijing is to relocate several thousand households to quadruple the central area of the Financial Street district, where many banks and insurers are headquartered. The district is to grow from the current 1.18 square kilometres to 4.77 sq km. Most of those to
      AFP  -  238 words
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      Lock icon Li Ka-shing 'sitting on China property bubble'
      692 31 Bloomberg He and hundreds of Chinese developers boosted investment by 29% last year [SINGAPORE] The bond market is telling Li Ka-shing, Asia's richest man, he is sitting on a Chinese property bubble that's bigger than the one deflating in the United States. Bonds
      Bloomberg  -  692 words
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      Lock icon Hektar Reit aims to quadruple mall portfolio
      406 33  -  UMA SHANKARI Trust is focusing tor now on Malaysia with its growing retail market By MALAYSIA-LISTED Hektar Reit (H-Reit) plans to quadruple its mall portfolio in about four to five years as it rides on Malaysia's growing retail market, a senior member of
      406 words
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      Lock icon Pearlbank Apartments up for collective sale at $750m
      284 33  -  ARTHUR SIM By THE 38-year-old Pearlbank Apartments development at Pearl's Hill has been put up for collective sale at an indicative price of $750 million. Marketing agent Knight Frank says that with a lease upgrading premium estimated at $143.3 million, the unit
      284 words
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      Lock icon JLL sees more intensive land use near Buona Vista Station
      652 34  -  KALPANA RASHIWALA Area undergoing development to turn it into commercial and R&D hub By LAND use around Buona Vista Station is likely to be intensified to maintain the buzz from the development of one north and optimise the area's improved
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      256 30 PREVIEW IN SINGAPORE h^ 11,12 413 January 2008 HP* Geek Terminal, 55 Market Street, "m my #01 -01, Singapore *****1 ~L J Hijauan Saujana True Luxury Residence Has PinalLj Arrived !n j^j —~1 I T 11 Welcome to Hijauan Saujana. Exclusive serviced apartments situated witnin picturesaue and tranquil natural surroundings.
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      Lock icon Page 31 Advertisements Column 1
      221 31 1 It V^V^^y Shophouse h^@r\_ Lembu Road n^ Jr A2"storey sh °Phouse \k tenanted as a coffeeshop k s^A^ PwS» on Land Area: 2,556 sf (approx.) J »«*M Tenure: Freehold Tel: 9858 0080 9639 2843 Wink^^^^^v\ Entire Top Floor Office Space® \\*L^^2\ Chiat Hong Bldg y^t^^^, js\V-' *F|oor Area: 35
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      118 31 Kb 3 storey intermediate conservation I shophouse with an attic Bukit Pasoh V Road 5 split-level office space with lift I Freehold I Floor area: Approx 6,219 sq ft Outram Park MRT, Ample parking Jacalyn Chung 9455 5347 AjZ.. 9IH Illl^jy REA GROUP FOR SALE GOOD CLASS BUNGALOW Freehold Land
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      132 32 nw it- -'Jr? LrJ- .-^^w*^^^ B^^^^d I t j lllilfli IPWI j> 11 |l 11 ■IBIHII" Hi The amazing success story of Marina Bay Residences continues with the finest living in Marina Bay. 1 MARINA BAY SUITES SINGAPORE For your invitation to an exclusive preview, call (65) 6535 3113 todayorvisitwww.marinabaysuites.com
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      297 33 Newly Restored Shophouses Geylang between Lor 28 and 30 I Island block of 12 restored two storey shophouses j/mt^m Freehold Wide and prominent frontage mt Total strata floor area: 29,504 sq ft approx., Brand new development in vibrant Ge/lang area For enquiries, please Call George Kang 6531 8677 /Tan Ser
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      1240 34 KOVAN Kovan Road Regular freehold land-appx. 21,000sqft Plot Ratio-1.4 up to 5 storeys Walking distance to Kovan MRT amenities 15ii iHffiittUHtH ijlll m Igi 111! I With a staff strength of over 17,000 worldwide, Jjllj 9^l^ B|||| Savills provides the best in personalised -m Jiiil JBi::' liiiL service for a"your
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      29 34 King Albert Park 2 Storey Land ***** sqft Rectangular Lang-long frontage Can subdivide without tearing existing house Good House number «$28.5 million email ricklee_xilong@yahoo.com ERA Realty Network Pte Ltd
      29 words