The Business Times, 1 March 2008
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2008-03-01
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The Business Times
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Title Section16 2008-03-01 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/200716 words
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Article, Illustration721 2008-03-01 1 AFP, Bloomberg, Reuters Move may bring relief to foreign investors but baht could start climbing again [BANGKOK] Thailand will lift controls on currency and capital imposed by the previous military regime on Monday, the central bank announced. "The central bank decided to lift the capitalAFP,; Bloomberg,; Reuters; BLOOMBERG - 721 words
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Article, Illustration492 2008-03-01 1 I GEOFFREY LEE - I GEOFFREY LEE [SINGAPORE] It is a simple matter of putting brick upon brick. But at the International Creativity Conference held here, the chief executive of Lego gave an insight into the building blocks that can not only make a game come alive, but492 words
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MARKETS DIGEST
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Article29 2008-03-01 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.75 INDONESIA 15.798 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 6.00 CANADA 5.75 SWITZERLAND 4.44 INDIA 12.50 Source:Bloomberg - 29 words
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Article43 2008-03-01 1 n< iam ICOMP 1,357.40 -10.87 IIKKEI 225 13,603.02 -322.49 LANG SENG 24,331.67 -260.02 ;et INDEX 845.76 +3.64 JAKARTA COM P 2,721.94 -34.37 1ANILACOMP 3,129.99 +17.14 ;eoulcomp 1,711.62 -24.55 IHENZHEN B 634.92 +10.31 IUMBAI IND 17,578.72 -245.76 11AM EDT Change 12,356.76 -225.42 )OW43 words
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Article35 2008-03-01 1 IS$ (S$ per US$) 1.393 ;us$/s$ 1.991 2.773 ;URO(US$/S$/E) 1.522 2.121 'EN 104.3 74.90 3.191 2.290 IK$ 7.780 5.585 !AHT 31.95 22.93 lUPIAH 9,069 6,510 lENMINBI 7.108 5.102 INDIAN RUPEE 39.97 28.69 1.055 0.75835 words
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1001 2008-03-01 1 LYNETTE KHOO - LYNETTE KHOO Listed companies report sparkling results; 2008 may be a different story By [SINGAPORE] The results have been good, but the celebrations are on hold. While many companies here can point to healthy report cards for their fourth quarter and full-year results,1,001 words
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Page 1 Advertisements
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Page 1 Miscellaneous
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Miscellaneous36 2008-03-01 1 FOOD IF* H RAFFLES PROPERTY IS^jl Gourmet dining at BsH^^ CONVERSATION Development charge v^>fcZ^^^ recreational centres James Leape, champion of revision subdued =:^^l^^^^____ PAGE 20 wL^l^m:' I the environment PAGE 3 PAGE 8 .A vi____i -^_____________-_-------Bt36 words
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Miscellaneous10 2008-03-01 1 SHOW ME THE MONEY Importance of emotions in rational decisions10 words
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TOP STORIES
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THREE-MINUTE DIGEST
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69 2008-03-01 2 RESULTS from all three banks show that they got caught, although relatively on a much smaller scale, in the US sub-prime mortgage and CDO fallout. Perhaps it is the price of diversification, of venturing into newer markets and other asset classes. But all three banks69 words
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49 2008-03-01 2 UNITED Industrial Corporation, which counts Singapore Land as a subsidiary, has racked up $1.68 billion worth of valuation gains for the 2007 financial year, bringing its net profit to $1.18 billion, up from $492.1 billion a year ago. COMPANY NEWS, Page 449 words
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69 2008-03-01 2 INDONESIAN tycoon Kris Wiluan's KS Energy yesterday reported a 45 per cent jump in full-year net profit to $73.8 million for 2007, on the back of a 36 per cent increase in revenue to $402.7 million. It also expects to finalise deals69 words
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Article55 2008-03-01 2 THE Government yesterday announced modest, lower-than-expected increases in development charge (DC) rates for most use groups, except industrial. The average DC rate for commercial use has gone up 1.5 per cent and the average rate for non-landed residential use has been raised 2.6 per55 words
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47 2008-03-01 2 BRANDING may be a long-term business, but the positioning of a brand must also not be stagnant, according to Minister Mentor Lee Kuan Yew. He described Singapore as a brand not established overnight. SINGAPORE NEWS, Page 847 words
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67 2008-03-01 2 THE government has set aside a new war chest of $70 million to groom future IT talent and to upgrade the skills of existing infocomm professionals. A series of manpower development initiatives include programmes aimed at equipping students with industry-relevant know-how67 words
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57 2008-03-01 2 BEIJING opened a huge new US$3.6 billion airport terminal yesterday, ahead of the expected influx of millions of visitors to the Olympics. The terminal's nearly three km long concourse will boost capacity to 76 million compared with the 52 million who used the57 words
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69 2008-03-01 2 US Federal Reserve chairman Ben Bernanke didn't utter the word, but analysts reading between the lines of his testimony to the US Congress this week say that he came as close as a central bank chief can to acknowledging the chances of69 words
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689 2008-03-01 2 Reuters, Bloomberg, AFP Budget offers funds for farms and rural development but sticks to fiscal goals [NEW DELHI] India yesterday proposed raising the country's short-term capital gains tax rate and ending a double taxation of dividends paid by subsidiaries to parent companies.– Reuters,; Bloomberg, AFP - 689 words
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531 2008-03-01 2 SIOW LI SEN - SIOW LI SEN By [SINGAPORE] NTUC Income has had a strong 2007 when it sold more insurance than any of its rivals, said chief executive Tan Suee Chieh. But far from being content with its performance, Mr Tan has ambitious plans for531 words
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Article, Illustration605 2008-03-01 2 Bernama In control The world's most powerful women [NEW YORK] Some are sophisticated and charming. Others are feared and respected. Each one, in her own way, is immensely powerful. While Westerners have traditionally topped the list of successful and powerful women worldwide,– Bernama - 605 words
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Page 2 Advertisements
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Advertisement460 2008-03-01 2 ji^ni icßBii us pum hbb nm IN THE MATTER OF THE P^^ COMPANIES ACT, CAP. 50 IN THE MATTER OF ~jfc AJITRADE PTE LTD (Company Registration No. *****2323 C) (IN MEMBERS' VOLUNTARY SINGAPORE REINSURANCE CORPORATION LIMITED no™™™^ (Company Registration No. *****0016 C) NOT I CE |s HEREBY GIVEN pursuant to460 words
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THE RAFFLES CONVERSATION
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Article, Illustration1849 2008-03-01 3 WWF chief James Leape once brought lawsuits against the Reagan administration, but now fights for nature in a different way, MATTHEW PHAN finds out JAMES LEAPE, director-general of WWF International, tells the tale of how he was on a boat in the Eastern Pacific two months1,849 words
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444 2008-03-01 3 SO you thought the Borneo rainforest was the only part of South-east Asia to qualify as a threatened biodiversity hotspot? Not so. The region actually has not one but three such areas, which contain a disproportionate variety of the world's species and are critical to keeping444 words
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Article97 2008-03-01 3 Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the world's top hotel brands in the 2006 Conde Nast Traveler Business Travel Awards, Raffles Hotels Resorts is a collection of luxury hotels that distinguishes itself through the highest97 words
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COMPANY NEWS
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738 2008-03-01 4 SIOW LI SEN - SIOW LI SEN WHEN UNITED Overseas Bank (UOB) released its fourthquarter and 2007 results last Wednesday, the last of the three local banks to do so, they were pretty much like those of its rivals. It scored on some points and fell flat on others.738 words
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491 2008-03-01 4 ARTHUR SIM - ARTHUR SIM UIC and Sing Land to pay $41.3 m and $82.5 m in dividends respectively UNITED Industrial Corporation (UIC), which counts Singapore Land as a subsidiary, has racked up $1.68 billion worth of valuation gains for the 2007 financial year, taking its491 words
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Article, Illustration465 2008-03-01 4 VINCENT WEE - VINCENT WEE MAJOR Korean shipping line STX Pan Ocean kept pace with the booming sector by almost quadrupling its 2007 net profit to US$497 million from U*****.3 million previously. Revenue nearly doubled to US$5.B2 billion from U552.95 billion in 2006. The exceptional performanceFILE PHOTO - 465 words
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Article, Illustration592 2008-03-01 4 R SIVANITHY - R SIVANITHY STOCKS IT WAS only two weeks ago that the Straits Times Index enjoyed a week-long rally that took it 230 points up to 3,098 on Feb 19, a surge that subsequent events have shown to be a "bear trap". As always,592 words
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287 2008-03-01 4 UMA SHANKARI - UMA SHANKARI CONSTRUCTION and property company United Engineers (UE) said yesterday that its net profit rose five-fold to $176.2 million for 2007 from 2006's $34.83 million-on the back of revaluation gains. UE saw a fair value gain of $186 million on the287 words
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559 2008-03-01 4 > CONRAD RAJ - > CONRAD RAJ Strong operations dragged down by forex scandal losses SEMBCORP Industries posted strong fourth-quarter and full-year operating results for 2007 but its bottomline dived because of losses over "unauthorised" foreign exchange transactions and the inclusion in the previous year of559 words
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Article189 2008-03-01 4 HIGHER hotel revenues and valuation gains pushed the net profit of Hotel Properties Ltd (HPL) 52 per cent higher to $150.1 million for the year ended Dec 31, 2007. Group revenue increased 29 per cent to $459.8 million from the previous year, largely attributable189 words
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434 2008-03-01 5 RONNIE LIM - RONNIE LIM Group has plans for aggressive overseas expansion this year, says CEO Kris Wiluan INDONESIAN tycoon Kris Wiluan's KS Energy (KSE) expects to finalise deals in the coming months to charter its jack-up rigs and liftboats (jack-up service rigs) to Mexico,434 words
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319 2008-03-01 5 YEN SREENIVASAN - YEN SREENIVASAN MAINBOARD-listed Straco Corporation, which operates China-based tourism attractions, has boosted its full-year 2007 earnings 84 per cent to $6.2 million. The big improvement was on a 31 per cent jump in topline revenue to $24.2 million. The result includes two months319 words
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Article336 2008-03-01 5 UMA SHANKARI - UMA SHANKARI LOCAL property group Roxy-Pacific Holdings has launched a $39.9 milllion initial public offering for a mainboard listing. The company, which has interests in residential development and hospitality, is offering 133 million shares (which include five million vendor shares) at 30 cents apiece -representing 20.9336 words
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Article, Illustration546 2008-03-01 5 OH BOON PING - OH BOON PING By WHEEL maker YHI International will supply its Advanti brand of wheels to Formula One team Scuderia Toro Rosso (STR) a move that is expected to raise the value of its proprietary brand. At an interview yesterday, managing director RichardFILE PHOTO - 546 words
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Article3712 2008-03-01 6 NOTES: Net Profit refers to profit attributable to equity holders. Trust REITS: Turnover is Gross revenue; Earnings is Income available for distribution;. Adv Systems Auto: The Group changed its financial year end from March to December. Current figures cover the period from January to December3,712 words
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Page 5 Advertisements
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Advertisement2135 2008-03-01 5 ADVERTISEMENT FIRST TIME IN SINGAPORE! BRAND-NEW WEALTH SEMINAR BY AN UNUSUAL "ACCIDENTAL MILLIONAIRE" KBQKjjES MjjßwSfffyfjß 353J3381 wJk fab RMHMMMIiBSMHHHH IIiMIIMiHHI It's all true, every bit of it warts and all. The good, the bad, the Now I'm not suggesting that I'm going to show you how to become a squillionaire2,135 words
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PERSONAL INVESTMENT
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Article984 2008-03-01 7 UMA SHANKARI - UMA SHANKARI City Developments Feb 29 close: 511.96 CITIGROUP RESEARCH, Feb 28 OPERATIONALLY, results in line with expectations: For Q407, CityDev (CDL) reported a net profit of $235 million, boosted by a tax write-back of $90 million. Operationally, the results were in line with expectations. CDL declared a984 words
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Article, Illustration1314 2008-03-01 7 TEH HOOI LING - A matter of the heart along with the head TEH HOOI LING SHOW ME THE MONEY 'Rational' decision making in investing isn't enough; emotions count in a big way when you decide to plonk your money down. So, before you do, understand just how you feel IN STOCK investment, itAP - 1,314 words
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Article848 2008-03-01 7 For week beginning Feb 25 Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per Shr SHAREHOLDING Before After C000) ('000) Stock Olam Intl 28-Feb-08 S George Verghese Buy 500 2.63 ***** 5.14 ***** 5.17 Cityneon Hldgs 28-Feb-08 Tan Poh Leng Buy848 words
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SINGAPORE NEWS
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Article1058 2008-03-01 8 KALPANA RASHIWALA - KALPANA RASHIWALA Average industrial rates up 16.8%, muted increases for most other uses THE government yesterday announced modest, lo-wer-than-expected increases in development charge rates for most use groups, except industrial. "Limited transactions in the past six months, amidst cautionary sentiment set about the US1,058 words
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Article, Illustration455 2008-03-01 8 CHEN HUIFEN - CHEN HUIFEN To attract foreign talent it's no longer 'priggish, uptight' BRANDING may be a long-term business, but the positioning of a brand must also not be stagnant, according to Minister Mentor Lee Kuan Yew. Speaking at the inauguralCHEW SENG KIM/THE STRAITS TIMES - 455 words
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214 2008-03-01 8 Top honours for O&M, Saatchi Saatchi at Effie Awards OGILVY Mather and Saatchi Saatchi were named the best advertising agencies at the inaugural Asia Pacific Effie Awards yesterday, each clinching one gold, one silver and one bronze Effie. Two agencies in Singapore also made the cut DDB Singapore won the214 words
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216 2008-03-01 8 OVER 140 Deutsche Bank (DB) graduates flown in from 14 countries descended on Insead's Singapore campus at Ayer Rajah Aye yesterday, to attend a series of talks conducted by Insead professors. At the end of the day, lessons were learnt and friendships forged but216 words
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207 2008-03-01 8 THE annual IT Leader Awards, organised by the Singapore Computer Society (SCS), yesterday saw five IT luminaries honoured for their contributions to the industry. Chan Yeng Kit, Permanent Secretary at the Ministry of Information, Communications and the Arts, was named Person207 words
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590 2008-03-01 8 CHUANG PECK MING - CHUANG PECK MING THE better jobs have gone to Singaporeans, but more of the new jobs created are being snapped up by foreigners because there are fewer locals taking them up, according to two new studies by the Ministry of Manpower (MOM). "The vast590 words
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309 2008-03-01 8 SINGAPOREANS who hold Economic Restructuring Shares (ERS) will receive 10.7 per cent of bonus shares today, the Ministry of Finance said yesterday. This is the final dividend payment for ERS. All remaining shares will automatically be exchanged for cash thereafter. The ERS was309 words
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249 2008-03-01 8 COCA-COLA Singapore yesterday announced its newest product Coca-Cola Zero that purports to offer the taste of regular coke but without the sugar content, thanks to the use of sweeteners instead. The drink will be available island-wide from today, with free samples available249 words
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Article, Illustration582 2008-03-01 9 WINSTON CHAI; CHEWXIANG - WINSTON CHAI CHEWXIANG YESTERDAY IN PARLIAMENT It will fund a series of manpower development initiatives THE government has set aside a new war chest of $70 million to groom future IT talent and to upgrade the skills of existing infocomm professionals.FILE PHOTO - 582 words
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338 2008-03-01 9 ARTHUR SIM - ARTHUR SIM THE Urban Redevelopment Authority (URA) has launched the second phase 3f Sembawang Greenvale after auctioning all parcels in Phase One last October. In the first phase, 12 sub-divided landed housing plots near Sembawang Beach were auctioned for a total of $37.09338 words
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310 2008-03-01 9 NATAS Travel 2008 is back for a 22nd year and boasts more than 860 booths from 141 exhibitors. Some travel operators have even increased their booth sizes to capitalise on the strong economy. The organisers expect to pull in sales of $45-50310 words
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Article, Illustration425 2008-03-01 9 COME September, visitors will be treated to a new look and an enhanced experience of the sights and sounds of the Singapore River. The Singapore Tourism Board (STB), together with the Urban Redevelopment Authority (URA), yesterday announced plans for a series of infrastructuralFILE PHOTO - 425 words
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285 2008-03-01 9 LAN POH - LAN POH A GREATER variety of frozen meat, among other products, is likely to be available in Singapore in the not-too-distant future, following the signing of a memorandum of understanding yesterday between the Singapore Business Federation (SBF) and the Federation of Industries of285 words
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418 2008-03-01 9 MATTHEW PHAN; OH BOON PING - MATTHEW PHAN OH BOON PING THE National Environment Agency has launched a Sustainable Energy Fund worth $50 million over the next five years, Environment and Water Resources Minister Yaacob Ibrahim told Parliament yesterday. The aim is to "build competency in energy management and support the418 words
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Page 9 Advertisements
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MALAYSIA
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Article, Illustration596 2008-03-01 10 Current rates are adequate to keep economy motoring along: central bank [KUALA LUMPUR] Malaysia's central bank yesterday dampened talk of an interest rate cut in the near term, saying current rates are adequate to keep the economy motoring along.REUTERS - 596 words
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345 2008-03-01 10 MALAYSIA ELECTIONS [KUALA LUMPUR] Malaysia has found nearly 9,000 people aged more than 100 on its electoral rolls as it heads for general elections next month, raising suspicions that the books are "contaminated" with dead voters. The Election Commission has found the names of345 words
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Article8681 2008-03-01 10 Transaction date: Feb 29 »-wks Tel Low Code Last Sale Vol ('000) Hii lay L Low Bu; .ast Quote yer Seller Div C'vr Net P/E I Cap $mil Hii Com[ i an; 5716 1st Software 22 6.5 3148 STelecom 28.5 11 5834 A-Sonic 107 98.5 6389 ABF SG8,681 words
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INDONESIA
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569 2008-03-01 11 Reuters Profitable publishing network a sign group is rebuilding by focusing on recruitment: report [JAKARTA] Indonesia needs to keep closer tabs on a flourishing publishing network linked to militant group Jemaah Islamiyah (JI), which reflects a debate on tactics among Islamic extremists, an– Reuters - 569 words
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SGX
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Article58 2008-03-01 11 VOLUME Yangzijiang 57,518,000 Synear 43,900,000 AdvanceSCT 38,593,000 E3 Hlds 38,249,000 Sing Tel 35,566,000 China Hongxing 32,558,000 Golden Agri 27,277,000 JiutianC 23,926,000 Capita Land 23,389,000 Sapphire 22,257,000 Clob VALUE (S) Capita Land 150,554,464 Sing Tel 136,068,576 UOB 129,285,445 DBS Grp 117,297,760 Keppel Corp 95,889,746 Wilmar 84,979,780 OCBC Bk58 words
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Article98 2008-03-01 11 CLOSE UP GLD 10US$ 9800 452.5 3.4 OCBCCa :.93%Pref10 ***** 120.0 1.. Robinson 670 42.0 6.7 WBLCori 475 34.0 7.7 RSH Ltd 150 22.0 17.2 Cmdt' 10US: 404 13.9 2. Thai Prime Fd 695 13.9 1.5 UE 384 12.0 3.2 STI 3500SGAePW*****8 81 11.5 16.5 JSH 1630 11.1 0.598 words
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Article127 2008-03-01 11 Closing prices are in trading currencies, but absolute difference is in Ss. BY CENTS CLOSE DOWN UOB MBL JCW*****0 570 -73.0 -11.4 Citi lev 1196 -52.0 -4.2 ir China H 10US: 1782 -39.0 -1.5 Venture Con 1030 -38.0 -3.i Caj litaLand 630 -33.0 -5.0 UOB 1802 -32.0 -1.7 Haw127 words
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Article91 2008-03-01 11 Up Down Unch 4 8 4 Up Down Unch OOP Up Down Unch 4 8 4 Multi Ind Manufacture 64 62 53 10 10 12 74 72 65 Commerce 18 25 25 22 27 7S )t/Stor/Comms 16 15 16 16 Finance JI JI JI JI lonstruction Pro]91 words
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Article126 2008-03-01 11 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 28.375 28, .375 163.245 163.245 Manufacturing 391.904 22.585 414.489 432.159 2.361 434.521 Commerce 63.615 4.534 68.149 78.324 944 79.268 ir/< 101.124 435 101.559 326.138 115 326.25) Finance 39.922 169 40.091 404.635 34 404.669 Construction 31.214126 words
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Article50 2008-03-01 11 Stock name Close Chani CapitaLand 6.300 -0.330 .apr fev" .osco .orp mp Ian fine" Fppel .orp Fppel .am mp Stock name Close Chani Olam 2.590 -0.050 :ngg SI bngg 37F3U -U.U4U SembCorp Ind zTSTtJ -0.110 JerrTl TaT >mg EaT lai leverage I mar 'angzijiang raTTl tori50 words
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Article2213 2008-03-01 11 BONDS WARRANTS Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ('000) Ratio Price ing Left 3779 ASL Marine Hldgs W*****1 2036 Advance SCT Ltd W*****9 9092 Asia Environment W*****4 3816 Asiasons Capital Ltd W*****7 4105 #Asiatravel W*****7 4014 Capitaland BNP ECW*****8 3879 Capitaland BNP2,213 words
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Article2273 2008-03-01 11 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 offer2,273 words
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Article81 2008-03-01 11 52-Wk Tel High Low Code Last Sale Vol ('000) Day ]h Low Last Quote Buyer Seller Div GrYld Net MCap Cvr P/E $mil Coi Hii 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** *****81 words
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Article73 2008-03-01 11 52-Wk Tel High Low Code Last Sale Vol C000) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Com] >am Hii 139 87 6000 AVJennings 21.5 5.5 6134 Over&Gen 60.5 19.5 6017 StarCruises 320 181 6019 TanChonglnt A88 A12 IS22 IIK242 -0.5 +173 words
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INDIA BUDGET
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Article, Illustration890 2008-03-01 12 Reuters Move goes against expectations of a cut to ease inflation given record prices [NEW DELHI] India yesterday left edible oil import duties unchanged in its federal budget for the next fiscal year, belying industry expectations of an infla-tion-easing cut with prices at record– Reuters; AFP - 890 words
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379 2008-03-01 12 -AFP Forceful monetary tightening, 12% gain for rupee cited [NEW DELHI] India's economy grew by 8.4 per cent in the third quarter, its slowest pace in two years, on lower farm and industrial output from the same period a year ago, official data-AFP - 379 words
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Article7829 2008-03-01 12 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.923/ Star Europe Bond 1.207/ Star Europe Bal 1.171/ Star Asian Tiger Eqty 1.479/ Star Asia Bond 1.201/ Star Asia Balanced 0.988/ Star Global Technology Fund!** 0.193/ Multi St Fd 0.864/ Star Asia Bond(USD) 0.861/ Glb Multi St USD7,829 words
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GREATER CHINA
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Article, Illustration479 2008-03-01 13 But airport officials admit that service standards can be further improved [BEIJING] Beijing opened a huge new US$3.6 billion airport terminal yesterday, ahead of the expected influx of millions of visitors to this summer's Olympics, part of a multi-billion infrastructure boost for theREUTERS - 479 words
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277 2008-03-01 13 -AFP [TAIPEI] Despite political rivalry, bilateral trade between Taiwan and China rose 16.1 per cent in 2007 to a record U*****.3 billion on the back of expanding cross-strait exchanges, the island's authorities said yesterday. China remained Taiwan's largest trading partner last year,-AFP - 277 words
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779 2008-03-01 13 Bloomberg, Reuters [HONG KONG] Hong Kong taxpayers deserve a rebate after putting up with increases during the Asian financial crisis and the Sars outbreak earlier in the decade, Financial Secretary John Tsang said. "They stuck with us, they shared the pain," he saidBloomberg, Reuters - 779 words
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Article2286 2008-03-01 13 VOL C000) :eb29 RM ASM Realty 0.62 \bric Bhd 0.21 advance Synergy 0.14 Adventa Bhd 1.25 AeMuIti Hldgs 0.27 Win Holdings 2.24 Ahmad Zaki Resou 1.27 AicCorp 0.62 \irasia Bhd 1.56 Akn Technology 0.56 alliance Financi 2.87 aluminium Co 1.10 Amalgamated Ind 0.42 tamb Hldgs Bhd 3.72 Amtel2,286 words
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229 2008-03-01 13 Bloomberg [BEIJING] China National Offshore Oil Corp's (CNOOC) US$l6 billion plan to develop an Iranian gas field is a "commercial act", a Chinese official said yesterday, as pressure grew from the US for fresh action over Iran's nuclear programme. "China is paying close– Bloomberg - 229 words
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Page 13 Advertisements
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Advertisement60 2008-03-01 13 Lianhe Zaobao ±1 Cl V C*A 11/ V 1 L H I Former teacher Uj JC RflT\ Tq| I miraculouslvtransformed I wI. Or m^«an ailing factory into I I the world's largest baby stroller maker t > lIHjHf '^1 onlyon(Sl3FM Ufa t^f ST Rod Aaa^BflyffifTff galM DftCT vniiD An <a60 words
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ASIA-PACIFIC/WORLD
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490 2008-03-01 14 Bloomberg, Reuters LATEST US DATA Increase exceeds forecast reflects price rise and erodes buying power [WASHINGTON] Consumer spending in the United States rose more than forecast in January, reflecting a jump in prices that is eroding Americans' buying power. The 0.4 per cent– Bloomberg, Reuters - 490 words
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Article, Illustration581 2008-03-01 14 Reuters, LAT-WP His replies confirm economy is in recession: analysts [NEW YORK] US Federal Reserve chairman Ben Bernanke didn't utter the word, but analysts reading between the lines of his testimony to the US Congress this week say that he came as– Reuters,; LAT-WP; REUTERS - 581 words
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Article, Illustration447 2008-03-01 14 MICHELLE QUAH - MICHELLE QUAH It paves the way for bank to strengthen its capital base [SINGAPORE] ÜBS shareholders' approval of a 13 billion Swiss franc (Ssl 7 billion) capital injection led by the Government of Singapore Investment Corporation (GIC) is an important step in securing447 words
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642 2008-03-01 14 Bloomberg [NEW YORK] MF Global, the largest broker of ex-change-traded futures and options, has set aside U*****.5 million to cover losses after an employee "substantially exceeded" trading limits on his own account betting on the wheat market. The company's shares fell 28– Bloomberg - 642 words
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328 2008-03-01 14 US $11b writedown hits AIG with worst loss in 40 years Bloomberg [NEW YORK] American International Group (AIG) posted its biggest quarterly loss in 40 years after an US$ll.l billion writedown of guarantees sold to fixed-income investors. AIG, the world's largest insurer by assets, reported a fourth-quarter net loss ofBloomberg - 328 words
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Page 14 Advertisements
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Advertisement117 2008-03-01 14 MARCH PULSES OUT NOW! IN THIS ISSUE: Cover story: Renewable energy a hot topic in business now We chat with Ho Bee's founder Chua Thian Poh and find out how he copes with the market's ups and downs Pulses takes an in-depth look at companies such as Vicom, United Food117 words
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Advertisement24 2008-03-01 14 «ICONjXl*£» Singapore's most established Chinese luxury lifestyle magazine II If H Hi V '^3\^^| iii' KiBQ5 LllißJ^^r"'^ j/ Bwilllllllil Available at major bookstores sPHmagazines24 words
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MOTORING
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Article, Illustration684 2008-03-01 15 The mid-sized two-litre BMW 520 i boasts dynamic abilities along with road presence, writes SAMUEL EE SINCE the dawn of prohibitive road taxes here, most car buyers have deferred to a kiasu but nonetheless sensible dictum when shopping for a new set of wheels big body, small engine.684 words
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Article, Illustration535 2008-03-01 15 SAMUEL EE - SAMUEL EE rEAM Porsche Club Singapore Racing (TPCSR) will be starting a lew season with a new car. The ocal team will compete at the 12-hour Merdeka endurance race an Aug 30 with an upgraded version of the wildly exotic Porsche 311 GT3 RSR. LastARTHUR LEE - 535 words
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Article, Illustration461 2008-03-01 15 JOE YEO - JOE YEO IT'S time for the glamorous Geneva Motor Show again, when car makers roll out the first major new models for the year. Perhaps the biggest news this year is the debut of Nissan's Infiniti brand outside North America. There is no doubt that Infiniti will do461 words
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GOLF
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Article, Illustration1298 2008-03-01 16 'I'd be happy just to get into contention this week and anything above that winning obviously would be an extremely good start to my LPGA season/ Webb hitting her third shot on the fifth hole during the first round of the HSBC Women's Champions at/GETTY IMAGES - 1,298 words
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Page 16 Advertisements
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Advertisement726 2008-03-01 16 Wine&dine with weekendßT Mezeßar team of chefs serve up a sumptuous Penang and the finest grilled meats and pristine seafood. m Orchard Ron,, Merits Mandarin fivanrmrp International Buffet Lunch available from Monday to Plaza Market Cafe Complete your dining experience with an array of 333 Orchard Road Meritus Mandarin Singapore,726 words
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WELLNESS
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Article, Illustration1116 2008-03-01 17 MELISSA HENG - MELISSA HENG Breast thermography has come to town a much easier way than mammography to detect breast cancer, writes OULDN'T it be M wonderful if there were a test that could offer women early detection of breast cancer without the dread and discomfort associated with mammo1,116 words
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572 2008-03-01 17 NYT [NEW YORK] A diagnosis of prostate cancer is scary enough. But just as scary is that nobody can tell a man the best way to treat it. Last month, the Agency for Healthcare Research and Quality issued a sweeping reviewNYT - 572 words
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Page 17 Advertisements
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Advertisement93 2008-03-01 17 D.ll/12 Sian Tuan Aye 2 stry Bungalow 5324/5300sqft Greenwood Aye/Lane 3 stry Terr/Roof Gdn 1630/3950sqft Hillrest Villa 3 stry Cluster 3500sqft D.19/20 Alnwickßd 2Vi stry Bungalow 4800/6000sqft Gladiola Drive 1 stry Bungalow 4200/2000sqft Shangrila Walk 2 stry Bungalow 5960/3800sqft Jalan Rebana 2 stry Semi D 2987/2500sqft Jalan Leban 2 V93 words
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Advertisement48 2008-03-01 17 1* Singapore's leadtng fashion beauty magazine V_ w r*Fm_ wn q.c«in Men 1006 /NfIVLOOK I^K > hot J >D_MlM'_ IATEST ttpYiptt'T w REVIVAL NO JEANS 24/7 VERSATILE 808 A^M /V PHYSICIAN F A -MEEDLE+PEE i,W ACUPUNCTURE MV fi- THE SUPEH-UGHI IkmmmW SPRING COAT Hr SUSTAINABLE Hv OF CITIGEMS JEWELLERY48 words
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Page 17 Miscellaneous
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Miscellaneous288 2008-03-01 17 CRYPTIC CROSSWORD ACROSS 4 It gives the retired member 7 Scared of fire, tried to put it a warm feeling (7) out (9) 5 Yet he enjoys some stand--8 Laughter in company's caus- ing at meetings (8) ing confusion (5) 6 Soap, water what next? (9) 10 Her rank prohibits288 words
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SHOPPING
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Article, Illustration815 2008-03-01 18 CHRISTOPHER LIM - CHRISTOPHER LIM Puma and Adidas have successfully merged both qualities into the design of their products that allow consumers to both feel and look good, says WHEN you walk into most sportswear shops, it can be hard to tell performance wear apart from815 words
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Article, Illustration454 2008-03-01 18 CORINNE KERK - CORINNE KERK SHOPPERS here may be looking forward to the opening of lon Orchard early next year, but visitors to our neighbour in the north are already enjoying the retail therapy offered at Pavilion the newest high-end shopping centre in454 words
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Article, Illustration767 2008-03-01 18 CHEAH UI- HOON - CHEAH UI-HOON WHEN he couldn't get the concierge service he wanted from his credit card company, and neither could Elton John whose film company he was managing Aaron Simpson decided to set up his own service for the super rich in London. The former film producerARTHUR LEE - 767 words
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TRAVEL
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Article, Illustration1311 2008-03-01 19 GEOFFREY EU - GEOFFREY EU It may not be the most diverse destination but the emirate is on its way to becoming a sizzling hot business and leisure destination in the Middle East, writes T'S fairly certain that Qatar won't be the first name on anyone'sPHOTOS BY GEOFFREY EU - 1,311 words
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THE BUSINESS TIMES weekend
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Article, Illustration1278 2008-03-01 20 GEOFFREY EU and CHEAH UI-HOON check out the dining options now being offered at parks, nightspots and tourist attractions T may be the trend dv jour to turn former army barracks and colonial-era districts into hip F&B enclaves. But even as Dempsey fast becomesSEAFOOD PARADISE PHOTO BY JOSEPH NAIR - 1,278 words
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Article, Illustration434 2008-03-01 20 JAIME EE - JAIME EE IF you thought roast turkey and whole hams are the only kinds of roasts you can buy from a supermarket, the newly refurbished Paragon Marketplace will change your mind. Just say the words "whole roast lamb on a spit" and the supermarket will434 words
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Page 20 Advertisements
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Advertisement25 2008-03-01 20 j?r ®M£RONI &°IH r mm ?K .ten Clean Designs, Great Aesthetic Power Strength ta s P a in EUROPEAN FURNITURE MASTERPIECES CHANDELIERS S» DECORATIVE ACCESSORIES25 words
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Advertisement13 2008-03-01 20 A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs@sph.com.sq. Fax 6746-1925.13 words
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Page 20 Miscellaneous