The Business Times, 25 March 2008

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Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg m m a Singapore press holdings publication coregnnoi9B4o2B6BE mica(p) 122/12/2007 Tuesday, March 25,2008
    22 words
  • Article, Illustration
    Lock icon Crunch time for private bankers as caution rules
    886 1  -  SIOW LI SEN This year's challenges will sift the best from the rest as the industry braces for a slowdown By [SINGAPORE] Anyone can rake in money when the markets are booming, but private bankers know that their true test starts only
    886 words
  • Article
    Lock icon Taiwan cheer pushes up stocks but concerns over US remain
    685 1  -  CHOW PENN NEE Premature to say that market has turned the corner, analysts caution By [SINGAPORE] The Taiwan Effect and some positive news from the United States saw a smart rally on the local bourse yesterday. But analysts were reluctant
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      45 1 SME SPOTLIGHT PROPERTY BEAR STEARNS ANALYSIS fe£% A winning i Home, retail, office JPMorgan quadruples offer How Shell copes A business idea SHi^l^' rental growth to ease to win over shareholders with volatile prices PAGE 12 i&aM^WMk PAGE 32 PAGE 2 PAGE 23 JM Wjk
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  • TOP STORIES
    • Article, Illustration
      Lock icon JPMorgan ups Bear Steams bid by 4 times
      697 2 Bloomberg, NYT, AP Raised offer of US$lO a share values broking firm at USs2b [NEW YORK] JPMorgan Chase Co will quadruple its offer for Bear Steams in an effort to overcome opposition from the shareholders of the crippled securities firm. Bear Stearns's
      Bloomberg, NYT, AP; AP  -  697 words
    • Article
      Lock icon 18 hospitalised after shopping complex 'gas attack'
      365 2  -  CONRAD TAN Two men said to have sprayed it on another and fled By [SINGAPORE] Eighteen people, including an infant, were hospitalised yesterday after a gas leak at the Golden Landmark Shopping Complex. Last night, the police said that early investigations suggested that
      365 words
    • Article
      Lock icon Fund managers see weakening of regional economy
      497 2  -  MATTHEW PHAN 80% in Merrill poll see no recession in Asia ex-Japan in '08 By [SINGAPORE] A net 62 per cent of Asia-Pacific exJapan fund managers expect the regional economy to weaken over the next 12 months, the worst showing so far and
      497 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon SGX spotlight falls on profit guarantees
        78 2 THE Singapore Exchange is looking at amending listing rules to give more guidance on acquisition deals that involve profit guarantees. The move comes after numerous listed companies moved to buy businesses or assets for a price based on or including profit guarantees given by
        78 words
      • Article
        Lock icon Creative to sell its S'pore office for $250m
        71 2 CREATIVE Technology could get a bumper cash infusion this June. The company said yesterday it has entered into an agreement to sell and lease back its Singapore headquarters at International Business Park. The sale price is $250 million. Creative will lease back
        71 words
      • Article
        Lock icon Value of Jade hinges on project outcome
        67 2 DEPENDING on whether Jade Technologies' coal-mining project and other business initiatives are successfully executed, the company's value can be as low as $15.8 million (1.6 cents a share) or as high as $1.07 billion ($1,106 a share). CIMB-GK, acting as independent financial adviser
        67 words
      • Article
        Lock icon China Energy expects Jiutai takeover to pay off in 3 years
        77 2 CHINA Energy expects the acquisition of Jiutai Energy (Guangzhou) Co to pay off in three years and for the subsidiary to enjoy a turnaround in profitability this fiscal year. Although no breakdown has been given on operational revenue at
        77 words
      • Article
        Lock icon S'pores Veredus Labs in diagnostic tool R&D tie-up
        69 2 HOMEGROWN biotech firm Veredus Laboratories has tied up with European semiconductor giant STMicroelectronics to open a lab here to develop further applications of their diagnostic tool for the detection of diseases. Located at Science Park 1, the 420 sq metre lab will
        69 words
      • Article
        Lock icon Slower China exports seen weighing on GDP growth
        53 2 DECLINING export growth, notably affected by the US credit crunch, is likely to drag China's GDP growth down to 10.5 per cent this year, but still above the official target of 8 per cent, a leading university research paper said yesterday. GREATER
        53 words
      • Article
        Lock icon India's salary hike set to reverse deficit reduction trend
        65 2 A MUCH-ANTICIPATED increase in salaries for government employees will threaten India's drive to consolidate its public finances and make a near-term cut in interest rates difficult, Morgan Stanley said yesterday. The Sixth Pay Commission for federal government workers submitted its report
        65 words
      • Article
        Lock icon Home, retail, office rental growth to ease
        57 2 PRIVATE housing rents are expected to grow at a slower pace this year than last year, Knight Frank said in a report yesterday. The property consultancy firm expects a year-on-year rise of 5-15 per cent in 2008 after a massive 40 per cent
        57 words
    • Article
      Lock icon SGX spotlight falls on profit guarantees
      536 3  -  OH BOON PING Regulator wants firms to better protect shareholders' interest when striking acquisition deals By [SINGAPORE] The Singapore Exchange (SGX) is looking at amending listing rules to give more guidance on acquisition deals that involve profit guarantees. The move comes after numerous listed
      536 words
    • Article, Illustration
      Lock icon Singapore's inflation hits 6.5% in Feb
      671 3  -  LYNETTE KHOO By [SINGAPORE] The Consumer price index (CPI) rose 6.5 per cent in February from a year earlier -just shy of the 25-year high of 6.6 per cent reported in January as the cost of housing, food, transport and communication increased, data released
      671 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        42 3 1 COMP 1,201.02 +11.96 IIKKEI225 12,480.09 -2.48 1ANG SENG Closed SET INDEX 807.28 +3.96 JAKARTA COMP 2,339.29 +15.73 1ANILACOMP 2,867.50 +49.92 ;eoulcomp 1,655.30 +9.61 iHENZHEN B 544.32 -6.86 IUMBAI IND 15,289.40 +294.57 12NOON EDT Change 12,572.82 +211.50 )OW IASDAQ 2,320.55 +62.44
        42 words
      • Article
        Lock icon PRIME RATES
        29 3 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.475 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 5.25 CANADA 5.25 SWITZERLAND 4.14 INDIA 12.25 Source:
        Bloomberg  -  29 words
      • Article
        Lock icon FOREX
        36 3 IS$ (S$ per US$) 1.391 (USS/SS ier 1.980 2.755 ;URO(US$/S$/E) 1.539 2.140 EN 100.0 71.80 3.207 2.305 m 7.780 5.593 IAHT 31.49 22.63 UPIAH 9,215 6,624 ENMINBI 7.054 5.071 INDIAN RUPEE 40.37 29.02 1.107 0.796
        36 words
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      72 2 Maximise your next investment at Asia's Premier Expo trusted by successful investors B^mJna^^^^^^^^^^ ELEßß TY SPEAKERS mm l^^^^^^^^^^^^y^TlNGAPQßE PROPERTY rUT—M GLOBAL PROPERTY Orjanizer: Platinum Spcnsors: Gold Sponsore; SilvecSpansais: Lucky Draw Sponsors: Official Hold 3C Itaanr ~.i§L A- Hi 3 amml^ i^® HA CH Media Partners j. Supporting Oiganizatiori: BUSINESS ™.ff«©»
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      Lock icon Page 2 Advertisements Column 2
      9 2 vSett \}pur stuff ST tt POST YOUR AD WWW.ST7OI.COM
      9 words
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      215 3 iOTNANYANG «Ac«&l TECHNOLOGICAL \Qp UNIVERSITY College of Science 'frC ri „^j^ |jM B Third-year, Biological Sciences ]Z^ H y 1H Singapore Representative, -J|^ft.'v J I vHr 9* f ft^faj^ Z^kmf '~ove Singapore Timor Leste _jrv /taflfll Friendship Exchange Programme I r .^3 as? ,^ijjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjt B ujjjjml S^*. I seek answers
      215 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Interest in bank stocks fuels strong STI rebound
      536 4  -  CHOW PENN NEE STOCKS By BUYING of banking stocks led the Straits Times Index yesterday to advance 102.88 points or 3.6 per cent yesterday to close at 2,927.79 its biggest gain since Jan 23. All index stocks except two that were unchanged
      : Bloomberg  -  536 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      96 4 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch lulti Ind 113 3 0 0 0 113 3 lanufacturing 111 36 40 14 125 43 47 Commerce 34 23 40 10 27 "pt/Stor/Comms 32 33 inance 23 23 Construction 13 18 >roi lerties 33
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      116 4 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 22,513 22,513 98,187 98,187 lanufacturing 401,815 21,875 423,690 257,393 2,004 259,396 Commerce 75,887 1,050 76,937 95,705 137 95,843 'pt/Stor/Comms 90,208 187 90,395 260,382 47 260,429 :inance 57,365 57,365 454,055 454,055 Construction 33,285 9,944 43,229 7,377 1,339 8,716 ■roperties 37,511
      116 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      107 4 lapitaLand 6.100 +0.420 Olam 2.100 +0.240 :apitaMall 3.290 +0.180 S I A 15.020 +0.540 jtyDev 10.440 +0.690 SGX 6.900 +0.500 losco Corp 3.270 +0.300 SIA Engg 4.010 +0.210 IBS Grp 18.000 +0.900 SPH 4.560 +0.020 :&N 4.770 +0.280 ST Engg 3.360 +0.080 Sent Intl 0.580 +0.015
      107 words
    • Article
      Lock icon BROKERS' TAKE
      425 4  -  MATTHEW PHAN China Energy March 24 close: 37 cents CIMB-GK RESEARCH, March 24 CHINA Energy announced last Friday that its Audit Committee had engaged PricewaterhouseCoopers on March 19 to conduct an independent review of an additional payment of 190 million yuan (Ss37 million) related to the acquisition of
      425 words
    • Article, Illustration
      Lock icon Some trading opportunities in individual stocks
      319 4  -  KEN TAI CHEE MING, CHART POINT IN line with our earlier expectations, the Straits Times Index (STI) has crossed the 2,900 mark on March 24. Following this relief rally, the next resistance will be at 3,003. Further upside is possible given the double-bot-tom formation
      319 words
    • Article, Illustration
      Lock icon US$ extends bounce with Wall Street
      511 4  -  LARRY WEE THE US dollar extended last week's rebound yesterday, cheered on by another pre-Easter rally on Wall Street, and benefiting from quarter-end prof-it-taking pressures. In the process, the greenback elbowed its way back to the right side of several round-number obstacles, closing above
      511 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      51 4 Mar 24 VALUE CLOSE BT 08/ OS -841.00+534.0 BT CADI -*****.00 +274.0 BT 10-day MA -*****.00 -84.00 FTSE ST Mid Cap 724.10+21.07 FTSE ST Small Cap 604.43+14.32 FTSE ST All Share 741.10+24.17 FTSE ST China 405.39+26.19 UOB Catalist 145.65 +2.42 SIMSCI 365.84+13.25 SIMSCI Futures 365.70+14.90 PrimePartnersCl 138.88
      51 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 4 Clob VOLUME ChinaEnerqy 76,643,000 JiutianC 45,656,000 CoscoCorpMßLeCWoBoBol 40,753,000 China Honqxinq 35,866,000 Golden Agri 33,069,000 Synear 25,335,000 Cosco Corp 24,215,000 Yanqzijianq 22,634,000 SGX 20,021,000 Ferrochina 19,252,000 VALUE(S) SGX 133,901,362 DBS Grp 118,163,574 UOB 95,876,300 OCBC Bk 87,525,220 Cosco Corp 76,063,960 Sing Tel 74,462,840 Capita Land 55,730,960 Keppel Corp
      * Clob  -  55 words
    • Article
      Lock icon RISES
      108 4 CLOSE UP 1800 90.0 5.3 DBS Gri JMH 3010 89.0 2.2 Venture Con 1088 86.0 8.6 DBS MBLiCW*****0 520 70.0 15.6 lit 1044 69.0 7.1 Jardine C&C 1704 64.0 3.9 UOB 1872 58.0 3.2 S I A 1502 54.0 3.7 SGX 690 50.0 7.8 SIA 200 1496 50.0 3.5
      108 words
    • Article
      Lock icon FALLS
      121 4 BY CENTS CLOSE DOWN GLD 10US$ 9078-225.3 -1.8 STI 3450 DBePW*****2 113 -22.0 -16.3 OCBC Bk DB ePW*****1 28.5 -12.5 -30.5 STI 2900SGAePW*****9 32.5 -12.5 -27.8 STI3100BNPePW*****9 25 -9.5 -27.5 STI 2700 DBePW/*****2 19.5 -8.5 -30.4 Zhoni lui 8.5 -8.5 -50.0 ilanBNPePW/***** 38 -8.0 -17.4 STI 3000BNPePW*****7 31 -8.0
      121 words
    • Article
      Lock icon CURRENCIES
      88 4 Where S$ stands Mar 24 CHNG CLOSE FR Mar 20 YR 2008/07 S$ LOW S$ HIGH USS 1.3920 -0.27 1.5479 1.3757 Euro 2.1421 0.62 2.2064 1.9913 Pounds 2.7580 -0.27 3.1194 2.7339 AS 1.2592 0.32 1.3555 1.1741 Yen* 1.3903 0.10 1.4484 1.2285 Rupiah* 0.***** -0.27 0.***** 0.***** Baht* 4.4148 0.49
      88 words
    • Article
      Lock icon Creative selling S'pore building for $250m
      367 5  -  ONG BOON KIAT It expects $200 m gain from sale, but warns of Q3 operating loss By CREATIVE Technology could get a bumper cash infusion this June. The company said yesterday it has entered into an agreement with a buyer to sell and lease
      367 words
    • Article
      Lock icon MBK extends AsiaPharm offer to end of March
      210 5 Reuters PRIVATE equity firm MBK Partners yesterday extended a deadline for its bid to take Chinese drugs company AsiaPharm private by a week until March 31. Shareholders of the Sin-gapore-listed company will now have an additional seven days to decide whether to
      – Reuters  -  210 words
    • COMPANY BRIEFS
      • Article
        Lock icon STATS ChipPAC to end OTC trading of ADRs
        104 5 Bloomberg STATS ChipPAC, South-east Asia's largest provider of semiconductor-testing and packaging services, said it will end over-the-counter (OTC) trading of its American depositary receipts (ADRs) "as soon as practicable". STATS ChipPAC ADRs were delisted from the Nasdaq Stock Market on Dec 31
        – Bloomberg  -  104 words
      • Article
        Lock icon Nera clinches $4m contract
        56 5 NERA Telecommunications has received purchase orders from a global telecom operator for the supply, installation and maintenance of IP network equipment. The total value of the orders is about $4 million. The orders are not expected to have a significant impact on the performance of the
        56 words
      • Article
        Lock icon Boustead unit wins deals worth $32m
        96 5 BOUSTEAD Singapore said that its wholly owned subsidiary, Salcon Pte Ltd, has been awarded two contracts worth $32 million to design, engineer and construct water and wastewater treatment plants for mega power plants in Indonesia and Singapore. The first contract is for seawater desalination,
        96 words
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      515 5 %$> Get your Rabobank Warrant (o> i£^ Highlights daily via email. %T Visit www.rabowarrants.com.sg or Uj^UJ ■jl *^y emailwarrants@rabobank.com INDOAGRI RB ECWOBOBOB (FA3W) DBS RB ECWOBO63O (E3FW) INDOFOOD AGRI RESOURCES LTD Call DBS GROUP HOLDINGS LTD Call Exercise Price 552.25 Exercise Price S$ 17.80 L Expiry Date 8 August 2008
      515 words
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  • COMPANY NEWS
    • Article
      Lock icon Value of Jade hinges on project outcome
      543 6  -  CHEW XIANG Shareholders' decision on offer rests on views they hold: CIMB-GK By DEPENDING on the outcome of its proposed coalmining project and other business initiatives, Jade Technologies' value can be as low as $15.8 million (1.6 cents a share) or as high
      543 words
    • Article, Illustration
      Lock icon Sing Lun told of general offer talks
      303 6  -  SARA LIM By SING Lun Holdings disclosed yesterday that it has been informed that certain parties are in discussions to consider making a general offer for shares in the company. Such discussions are, however, at a preliminary stage and there is no assurance
      FILE PHOTO  -  303 words
    • Article
      Lock icon Waking up to the value of Stamford Land
      729 6  -  CONRAD RAJ SAVVY investors appear to have begun to recognise that main-board-listed Stamford Land is a very much undervalued stock, as the price of its shares surged 17 per cent yesterday to 52.5 cents apiece. Earlier, they had been traded to a
      729 words
    • Article, Illustration
      Lock icon THE COWBOY BECKONS
      1135 7 A BT SPECIAL FEATURE Houston offers a unique combination of Southern comforts as well as big city sophistication that you can't find elsewhere in America IF there are any myths to be debunked about the American state of Texas, it would have to be these two: One,
      1,135 words
    • Article, Illustration
      Lock icon SIA LAUNCHES HOUSTON SERVICE
      178 7 HOUSTON, the fourth largest city in America and economic centre of the southern state of Texas, joined the Singapore Airlines network from March 20, 2008, with the commencement of a four-times-weekly service via Moscow. The one-stop Boeing 777-300ER service provides the only direct air link between
      178 words
    • Article
      Lock icon China Energy expects Jiutai takeover to pay off in 3 yrs
      549 8  -  LYNETTE KHOO Shares fall further on news of PwC review of acquisition payment By CHINA Energy expects the acquisition of Jiutai Energy (Guangzhou) Co to pay off in three years and for the subsidiary to enjoy a turnaround in
      549 words
    • Article, Illustration
      Lock icon Aluminium unit of Midas wins 62m yuan deal
      364 8  -  EMILYN YAP By MIDAS Holdings has secured a 61.9 million yuan (5512.2 million) contract to supply aluminium alloy extrusion profiles for metro train cars. The contract for its aluminium alloy division, Jilin Midas Aluminium Industries, came from Midas' joint-venture company Nanjing SR
      FILE PHOTO  -  364 words
    • Article, Illustration
      Lock icon BT Group completes Frontline acquisition
      423 8  -  ONG BOON KIAT By GOODBYE, Frontline Technologies. Hello, BT Frontline. Nearly four months after receiving a buyout offer of $202 million, Frontline, one of Singapore's notable information technology (IT) success stories, is now officially a subsidiary of the British telecom giant BT Group. It also
      FILE PHOTO  -  423 words
    • Article
      Lock icon Falling US dollar could slash Venture earnings: JPMorgan
      454 8  -  CHEW XIANG By CONTRACT manufacturer Venture Corp could see earnings this year slashed 11 per cent by the falling US dollar, a JPMorgan report said yesterday, citing the company's "relatively higher exposure of US$ on the revenue side". Unisteel Tech, which provides
      454 words
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      Lock icon Page 6 Advertisements Column 1
      1103 6 TOTAL ACCESS COMMUNICATION PUBLIC COMPANY LIMITED 1 (Registered in the Kingdom of Thailand as a public company with limited liability) INVITATION NOTICE OF THE ANNUAL GENERAL MEETING 2008 24 March 2008 Attention: All Shareholders of Total Access Communication Public Company Limited Subject: Invitation to the Annual General Meeting of Shareholders
      1,103 words
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      Lock icon Page 6 Advertisements Column 2
      26 6 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. I MATS I NOTICES I
      26 words
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      277 7 The Business Times Singapore Airlines 'Fly to Houston 7 Contest Win Holidays f^^h to- Houston +4 Singapore Airlines z^^^^Z Inclusive of 3N accommodation at Intercontinental Houston if Just answer two questions and you could be on your way to Houston for P>/?S Sk^l^^ \i I free! Singapore Airlines will fly
      277 words
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      25 8 Mind. Body. Your life. Live it well. mt xgr DON'T MISS OUR NEW-LOOK MIND YOUR BODY MAGAZINE WHICH COMES WITH THE STRAITS TIMES > EVERY WEDNESDAY
      25 words
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      Lock icon Page 8 Advertisements Column 2
      125 8 Parting company? Call 1800 289 8822 or email notices@sph.eom.sg to book your corporate notice in our newspapers now. NOTICES ~-^r Our qualified professionals WJm I can assist you with offshore p| 9 structures, shelf companies u!~('^3li and incorporations in ALL jurisdictions including: British Virgin Islands Cayman Islands *Banamas ii Seychelles
      125 words
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      34 8 I Think of us as R Natural Rnaesthetic. J |V Economically designed with rheumatic and arthritic sufferers in mind, you can experience complete holistic sleep and all the benefits that come with it. <j^m
      34 words
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      94 9 BTttl* FRONTLINE ASIA'S PREMIER IT SERVICES COMPANY BT and Frontline. Because two heads are better than one. The only thing better than having one world class IT services provider at your disposal, is having two. Announcing BT Frontline uniting the global networked IT service capabilities of BT, with the regional
      94 words
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  • SINGAPORE NEWS
    • Article
      Lock icon MOH clarifies stand on aesthetic medicine
      284 10  -  CHEN HUIFEN By THE Ministry of Health (MOH) has set the record straight on its stance on aesthetic medicine, saying it has not banned any doctor from performing 11 aesthetic procedures highlighted by the media recently. The procedures include skin whitening, colon cleansing for
      284 words
    • Article, Illustration
      Lock icon Veredus in lab tie-up for diagnostic tool R&D
      447 10  -  CHEN HUIFEN Its joint outfit with European semicon giant STMicro to hire up to 50 staff By HOMEGROWN biotech firm Veredus Laboratories has tied up with European semiconductor giant STMicroelectronics to open a lab here to develop further applications of their diagnostic
      JOYCE FANG/THE STRAITS TIMES  -  447 words
    • Article
      Lock icon 22-strong committee tasked to organise YOG
      563 10  -  LEE U-WEN MCYS By ONE month on since Singapore beat Moscow to win the right to host the inaugural Youth Olympic Games (YOG), the government yesterday released an anticipated list of names of those charged with putting the event together. The organising committee board
      MCYS  -  563 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon LTA to launch parking system in Marina area
        66 10 THE Land Transport Authority will launch a parking guidance system in the Marina Centre area on April 15 to ease congestion there. The system will provide real-time information on parking availability at Suntec City, Marina Square, Millennia Singapore, The Esplanade and Raffles
        66 words
      • Article
        Lock icon 2nd WIS to be given out by April and May
        78 10 THE Government will make the second Workfare Income Supplement (WIS) payment to employees on April 1, disbursing a total of $149 million. Similar to the first WIS on Jan 1, employees will receive the second WIS in CPF and cash.
        78 words
    • Article
      Lock icon Fair Price pledges $50 million over 10 years to charity
      240 10  -  QUAH CHIN CHIN By SUPERMARKET operator NTUC Fair Price yesterday launched the NTUC FairPrice Foundation to help the poor, build the nation and advance workers' welfare. Fair Price, which will wholly fund the charity, has pledged $50 million over 10
      240 words
    • Article
      Lock icon Hotel room crunch? Stay in HDB, suggests NUS Biz team
      469 10 Winning team in the Lee Kuan Yew Biz Plan gets US$2O,OOO THREE university freshmen believe they have the answer to help relieve the hotel room crunch. The trio, from the National University of Singapore's Business School, have come up with
      469 words
    • Article
      Lock icon NUS law faculty gets donations totalling $330,000
      247 10 CLOSE to $330,000 has been donated to the law faculty of the National University of Singapore (NUS) by law firms and alumni. The money will fund scholarships, bursaries and prizes for law undergraduates. The biggest single donation was made by TSMP Law Corporation,
      247 words
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      26 10 j^*"- Lianhe Zaobao Managing the economy Ma Ying-jeou l^toM^HM^fH to take a leaf out of El D H -jitii^h BBBgfe^ ■PI «asns^ws^ 11 li 111■ _■■-.....-—i—
      26 words
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  • SME SPOTLIGHT
    • Article, Illustration
      Lock icon Science Arts finds cure in Halal nod
      439 12 PRO-ENTERPRISE CHANGES [ts TCM now open to Muslims worldwide, OH BOON PING reports SCIENCE Arts Co's marketing manager Ong Lye Hwee knew he had a winning business idea when he realised that Muslims in Singapore used traditional Chinese medicine (TCM) to treat common
      ARTHUR LEE  -  439 words
    • Article
      Lock icon Bearing the brunt of the turbulence
      362 12  -  TEH HOOI LING By AMID market turbulence, investors first dump small-cap stocks. And when the market shows signs of stabilising, they buy blue chips first. Confidence takes a long time to return to the small-cap sector. Not deviating much from the script, that is
      362 words
    • Article, Illustration
      Lock icon Legal pointers for online commerce
      1050 13 IT MATTERS Spell out all essential details clearly on the website, advises AMY ANG, so that there's no dispute with the e-customer later HAT does a budding e-mer-chant who has just graduated from bricks-and-mortar to clicks-and-mor-tar by adding an e-commerce business space need to note
      1,050 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7702 13 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.877/ Star Europe Bond 1.239/ Star Europe Bal 1.155/ Star Asian Tiger Eqty 1.253/ Star Asia Bond 1.195/ Star Asia Balanced 0.947/ Star Global Technology Fund!** 0.184/ Multi St Fd 0.864/ Star Asia Bond(USD) 0.861/ Gib Multi St USD
      7,702 words
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      1050 12 Improving Customer Satisfaction With Service Measurement A system to measure service performance can lead to exponential improvements in service excellence The perception that the loyalty. Based on this NTUC, with support from management. In addition, the restaurants' service because "satisfied customers customer is king seems to information, they can then
      1,050 words
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      7 12 6jti Vijkt StuffwWW.ST7OI.COM jobs cars property shops
      7 words
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  • ECONOMY WATCH
    • Article
      Lock icon Seoul to fight inflation as top priority
      337 14 -AFP Country 'facing a global economic crisis beyond our control', says president [SEOUL] President Lee Myung Bak says tackling inflation is his top priority as South Korea faces a "global economic crisis" beyond its control. Just one month after taking office, the former
      -AFP  -  337 words
    • Article, Illustration
      Lock icon Japan PM's approval rating plummets
      535 14  -  ANTHONY ROWLEY Govt survey shows big slump in business sentiment, lowest in four years By in Tokyo JAPAN'S woes deepened yesterday as a poll showed slumping voter support for Prime Minister Yasuo Fukuda and a government survey revealed a sharp plunge in business sentiment. With
      535 words
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      2437 14 Mobile One Ltd fffii (Incorporated in the Republic of Singapore) \BH (Company Registration No. *****6031W) NOTICE IS HEREBY GIVEN that the 6th Annual General Meeting of the ordinary shareholders of the Company will be held at Meritus Mandarin Singapore, Level 4, Grand Tower, Mandarin Court D, 333 Orchard Road, Singapore
      2,437 words
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      Lock icon Page 14 Advertisements Column 2
      1614 14 GUL TECHNOLOGIES SINGAPORE LTD (Incorporated in the Republic of Singapore) (Company Registration No. *****3137E) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 19 th Annual General Meeting of Gul Technologies Singapore Ltd (the "Company1) will be held at NTUC Centre. No. 1 Marina Boulevard, Room 801 Level\
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  • MALAYSIA
    • Article, Illustration
      Lock icon F1 chief eyes night races for China and South Korea
      335 15 Bloomberg [KUALA LUMPUR] Bernie Ecclestone, Formula One's chief executive officer, has persuaded the sport's South-east Asian venues to hold floodlit racing and is now targeting China and South Korea to race under the stars. Malaysian Grand Prix organisers have agreed
      – Bloomberg; AP  -  335 words
    • Article
      Lock icon Abdullah in sticky situation in Terengganu
      706 15  -  S JAYASANKARAN Legal circles say that he has limited choices in resolving tussle with the King By in Kuala Lumpur PRIME Minister Abdullah Badawi is between a rock and a hard place. With a constitutional crisis intensifying in the north-eastern state of Terengganu, his
      706 words
  • Page 15 Advertisements
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      Lock icon Page 15 Advertisements Column 1
      191 15 ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is helmed by veterans who have been supporting over 1,000 users, giving
      191 words
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  • GREATER CHINA
    • Article
      Lock icon Regulator unveils draft rules for secondary board
      278 16 -AFP [SHANGHAI] China's securities regulator has unveiled draft rules for a long awaited Nasdaq-style secondary board for start-up companies with a lower threshold for listings, state media reported yesterday. "The new board will serve growth enterprises and focus on extending support to firms
      -AFP  -  278 words
    • Article, Illustration
      Lock icon Lower China GDP seen in 2008 as export growth slows
      382 16 Xinhua The tempered figure of 10.5%, however, still beats official target of 8%: report [BEIJING] Declining export growth, notably affected by the US credit crunch, is likely to drag China's GDP growth down to 10.5 per cent this year, but
      – Xinhua; REUTERS  -  382 words
    • Article
      Lock icon Authorities facing renewed pressure over fuel shortfall
      360 16 -AP [SHANGHAI] China's leaders are facing renewed pressure over shortfalls in diesel and gas, with lines growing at filling stations yesterday as the gap widens between surging international crude oil prices and centrally controlled domestic fuel prices. The city's overall fuel stockpile is
      -AP  -  360 words
    • Article
      Lock icon Chinese intellectuals condemn Tibet action
      274 16 -NYT [SHANGHAI] A group of prominent Chinese intellectuals has circulated a petition urging the government to stop what it calls a "one-sided" propaganda campaign on Tibet and initiate dialogue with the Dalai Lama. The petition, signed by more than two dozen writers, journalists and scholars,
      -NYT  -  274 words
  • Page 16 Advertisements
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      43 16 L^ I I J|m] I lull ffil I Lj^^F^L^ I LTP^^^^^b Organiser: Official Apparel Sponsor: Official Hairstylist Official Make-Up: Official Venue: Official Website: Official Outdoor Media: Official Magazines: IllPJ'H'l^H ROBINSONS J 6 E^' c DAFFLEs(i T y iE Q y JGl^io^ bella herworid
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  • INDIA
    • Article
      Lock icon Salary hike seen reversing deficit reduction trend
      301 17 Reuters Morgan Stanley also says it will hamper central bank's ability to cut interest rates [MUMBAI] A much-antici-pated increase in salaries for government employees will threaten India's drive to consolidate its public finances and make a near-term cut in interest rates difficult, Morgan
      – Reuters  -  301 words
    • Article
      Lock icon Indian palm oil imports to rise
      530 17 Reuters Import duty cut makes it more attractive: traders [NEW DELHI] India's imports of palm oil are likely to increase at the expense of rival soyoil this oil year following a cut in import duty, but a preference for soy among some firms will
      Reuters  -  530 words
    • Article
      Lock icon Fresh investment from Maruti Suzuki
      148 17 Reuters [MUMBAI] Maruti Suzuki India Ltd, India's top car maker, plans to invest 90 billion rupees (Ss3.l billion) in India, mostly on research and logistics, the Business Standard daily said yesterday quoting a top official. "We will invest 90 billion rupees in India, which will
      – Reuters  -  148 words
    • Article
      Lock icon Unaware of new airport, KLM pilot skips Hyderabad
      271 17 -AFP [BANGALORE] A KLM flight headed for Hyderabad in India's south skipped its destination and flew across India because the pilot was unaware the city had a brand-new airport, a report said yesterday. The confusion occurred barely hours after the Rajiv Gandhi
      -AFP  -  271 words
    • Article, Illustration
      Lock icon India may soon be 2nd largest mobile market
      155 17 Bloomberg [BANGALORE] India may overtake the US in April as the world's second-largest mobile-phone market after China, the Telecom Regulatory Authority of India said. The South Asian nation had 250.9 million wireless subscribers at the end of February, compared with 260.5 million
      – Bloomberg; AP  -  155 words
  • Page 17 Advertisements
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      200 17 Ti S|^ **"^("N .^r rift J™ '^tua _i 1 San* rd* J\^™>f J Washington, D.C. Singapore Tokyo PtP WW PtP WW Tokyo Singapore Morning Flight m^y^y^y^ Night Flight Flight No Dep Arr Flight No City Dep Arr Flight No City Dep Arr Flight No Dep Arr NHB San Francisco 17:10
      200 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Risk-taking for bonuses linked to financial crisis
      264 18 -AFP [LONDON] The world financial crisis is closely linked to bankers' bonuses, which "encouraged excessive risk taking", The Independent quoted Nobel Prize-winning economist Joseph Stiglitz as saying yesterday. "The system of compensation almost surely contributed in an important way to the crisis," he
      -AFP; AFP FILE PHOTO  -  264 words
    • Article
      Lock icon Surprise rise in US existing home sales
      475 18 Bloomberg LATEST US DATA But median home price falls 8.2% from February 2007, the most in 4 decades [WASHINGTON] Sales of existing homes in the US unexpectedly rose in February for the first time in seven months, easing concern credit restrictions and falling
      Bloomberg  -  475 words
    • Article
      Lock icon Asia central banks may invest more reserves in region
      400 18 -Bloomberg Rethink comes as Fed rate cuts reduce returns on US assets [JAKARTA] Central banks from 16 Asian nations may invest more of their US$l trillion of foreign reserves in the region's debt as Federal Reserve interest-rate cuts reduce returns on
      -Bloomberg  -  400 words
    • Article
      Lock icon Fed Home Loan Banks may buy US$150b bonds
      235 18 Bloomberg [WASHINGTON] The US government yesterday allowed banks belonging to the Federal Home Loan Banks group to increase their purchase of mort-gage-backed bonds by about US$l5O billion in an effort to pump money back into a market that slumped as the housing
      – Bloomberg  -  235 words
  • Page 18 Advertisements
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      26 18 M\~J~] Code Zap now and be the M™J I ll^^^^A^^^J^ A^ I H first to win an exclusive HB!^VV4|lllVM9lto4)^V^l JohnnieWalkej^xpenenceJ ISMM^^^MSE^XS b2 Never Drink And Drive
      26 words
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  • WORLD
    • Article, Illustration
      Lock icon Visa IPO unlikely to jumpstart slowing market
      528 19 Reuters [NEW YORK] The blockbuster initial public offering of Visa Inc the largest ever in the United States will do little to revive the slowing IPO market, which has been dampened with investors spooked by the credit crisis. With its US$l7.9 billion offering,
      Reuters; I AFP  -  528 words
    • Article
      Lock icon Brown, Sarkozy to ask banks to disclose bad debts
      495 19 -Reuters Move comes amid growing concern over financial crisis [LONDON] British Prime Minister Gordon Brown and French President Nicolas Sarkozy will urge banks this week to make "full and immediate disclosure" of write-offs due to the global credit crisis, British officials
      -Reuters  -  495 words
    • Article
      Lock icon Fed may buy mortgages next: Treasury investors
      519 19 Bloomberg Only tool left to win confidence is agency to buy bonds backed by home loans [NEW YORK] Forget lower interest rates. For the Federal Reserve to keep the financial markets from imploding it needs to buy troubled mortgage bonds from banks and
      Bloomberg  -  519 words
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  • AVIATION
    • Article
      Lock icon UniSIM inks MOU with Cranfield, ST Aero & SP
      320 20  - UniSIM inks MOU with Cranfield, ST Aero SP LIMWEN JUIN Students can attain an aerospace engineering degree By [SINGAPORE] SIM University (UniSIM) launched an Aerospace Systems Engineering degree (honours) programme yesterday by signing a memorandum of understanding (MOU) with Cranfield University, ST Aerospace and Singapore Polytechnic (SP). The programme "adopts
      320 words
    • Article, Illustration
      Lock icon Pudong to open 2nd terminal
      228 20 -Bloomberg Economic growth in China is fuelling demand for air travel and construction [SHANGHAI] Shanghai Pudong International Airport, China's sec-ond-biggest airfield, will open a new terminal on March 26, doubling its capacity to handle travellers to and from the world's fastest growing major economy. Total
      -Bloomberg; REUTERS  -  228 words
    • Article
      Lock icon High fuel prices driving turboprop planes' comeback
      213 20 -AP [BRUSSELS] As fuel prices soar to record highs and airlines struggle to maintain profitability, the unglamorous but fuel-efficient turboprop regional airliner is making a remarkable comeback. The revival of the propel-ler-driven planes which typically consume a quar- ter to a third less
      -AP  -  213 words
    • Article
      Lock icon Japan Aviation Electronics dives on forecast cut
      255 20 Bloomberg [TOKYO] Japan Aviation Electronics Industry Ltd, a maker of gyroscopes for aircraft, fell the most in seven years in Tokyo trading yesterday after cutting its annual profit forecast 28 per cent because of falling prices and the stronger yen. Japan Aviation plunged
      – Bloomberg  -  255 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTUR
      2477 20 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,477 words
  • Page 20 Advertisements
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      170 20 BT/ZUJI Deals of the Week nSHI E/• 1 '^B^* 'V^H I BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from Hong Kong $2,420 $410 $88 Cathay Pacific Cathay Pacific Take home a copy of iloveithere! travel guide book a $50 Desire Dining voucher with any Business Class bookings this March DESTINATIONS
      170 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      328 20 CRYPTIC CROSSWORD ACROSS rangement for fairground —^^—^^J— 6 A stud manager (4) ttj—^ —^^1 11 Overlooked pro achieved ——PB BB BB BJ—^ —BB BB BB 12 North American lawman Bfl BB put up with 25 (7) _BH__^_BB__ vides, managing shares, say BJ 'BJ BJ BJ fj BB^l^H__ 18 Defeating husband
      328 words
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  • SHIPPING/AVIATION
    • Article
      Lock icon Oman earmarks US$4b for fleet expansion
      607 21 Reuters State shipping firm is in talks with Iranian tanker company on long-term charter deal [SINGAPORE] Oman's state shipping firm will spend up to US$4 billion in the next three to four years to expand its fleet size, a senior company official said, part
      – Reuters  -  607 words
    • Article, Illustration
      Lock icon Hopes fade for 18 crew 'trapped' in sunken ship
      503 21 -AFP [HONG KONG] Hong Kong officials said yesterday there was no sign of life from the 18 Ukrainian crew believed trapped in their sunken ship on the ocean floor, with hopes for their survival fading by the minute. While declining to
      -AFP; AFP  -  503 words
    • Article, Illustration
      Lock icon Europe's EADS finds sweet home in Alabama
      443 21 -AFP But welcome may be marred by Boeing's protest [MOBILE, Alabama] From his office on the bay, the mayor of Mobile, Alabama, can glimpse in the distance the site where he hopes Europe's EADS will soon start constructing re-fuelling aircraft for the US
      -AFP; J AP  -  443 words
    • Article
      Lock icon Peacekeepers make Mogadishu thrive
      426 21 Reuters [MOGADISHU, Somalia] African Union peacekeepers have turned Somalia's biggest port into a thriving business centre providing a vital lifeline to war-weary residents. Speaking after a cargo ship chartered by the United Nations to deliver food aid docked in the Mogadishu harbour, the port's AU commander,
      – Reuters  -  426 words
    • Article
      Lock icon Asian aframax rates expected to rise
      319 21 Bloomberg [SINGAPORE] Asian aframax charter rates may rise for a second week as shipowners seek higher fees because of increases in rates for supertankers and aframaxes in routes outside the region. The rate to transport 80,000 tonnes on an aframax from Kuwait to Singapore
      – Bloomberg  -  319 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        103 21 '000 :H Offshore Ihuan Hup Hldgs losco Corp ZWTLtd Ezra Hldgs rirst Ship Lease rreight Links jrand Banks laya Hold Ltd <1Ventures <eppel Corp V1TQ Corp MOL Pacific Shipping 3an-United Corp Rickmers Mari iamudera Ship iembcorp Indust iembcorp Marine ipore Ship 0.51 0.37 3.27 0.82 1.74 1.08 0.07 0.92
        103 words
      • Article
        Lock icon KLSE
        38 21 '000 lar Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.70 8.10 8.15 3.90 3.12 0.25 0.14 unch 0.20 0.30 0.08 0.02 0.04 unch 128 80 17 179 73 228 20
        38 words
      • Article
        Lock icon BANGKOK
        12 21 '00 ■recious Ship Jegional Cont .23.60 .24.20 0.20 0.10 594 115
        12 words
      • Article
        Lock icon HONGKONG
        11 21 '000 Doil iingamas Cont .41.65 ...1.91 0.15 -0.03 1431 614
        11 words
      • Article
        Lock icon PHILIPPINES
        22 21 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.90 33.00 unch unch 0.10 -0.50 unch unch 544 1088 0 0
        22 words
      • Article
        Lock icon TAIPEI
        22 21 Evergreen Marine ....30.00 :irst Steamship 70.10 /Van Hai Lines 28.85 r"ang Ming Marine...24.00 0.65 4.50 0.65 1.00 62 7 18 35
        22 words
      • Article
        Lock icon TOKYO
        38 21 '000 (awasaki Hvy Ind ..236.00 9.00 ***** (awasaki Kisen 909.00 25.00 5508 Mitsubishi Hvy 449.00 12.00 ***** i/litsui Eng&Sbldg...265.00 3.00 ***** 1/litsuiOsk Lines ...1137.00 -9.00 ***** Nippon Express 573.00 10.00 3683 JipponYusen 871.00 15.00 6330 'iource: Reuters
        38 words
  • Page 21 Advertisements
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      54 21 I^MMMI Opening Hours: 26 March 2008 (Wed): 1000 1900 hrs |27 March 2008 (Thur): 1000^1900hrs^H fflQmill I 28 March 2008 (Fri): 1000 1700 hrs Organised by: Feature Country: China Main Sponsor: Co-sponsor: Conference Partner: Supported by: Endorsed by: Held in: V--- «>IC C?. Reed Exhibitions' THU RAYA S S..^^^ THE
      54 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Root of the crisis: faulty incentives
      510 22 EVERY time there is a financial crisis, pundits go scurrying to find explanations for why it happened. This was true of the Asian crisis of 1997, the debacle at Long-Term Capital Management in 1998 and the dotcom crash of 2001. And now, amid the
      510 words
    • Article, Illustration
      Lock icon Middle East set for a transformation
      1294 22  -  LEON HADAR The five years of Bush's Iraq war helped trigger off a dramatic makeover of the region MARKING the fifth anniversary of the beginning of the Iraq war on March 20, US President George W Bush stated that the decision to remove Saddam
      AFP  -  1,294 words
    • Article, Illustration
      Lock icon Japan needs central banker to think out of The Matrix
      855 22  -  WILLIAM PESEK JR THE BOTTOM LINE JAPAN'S political establishment has turned even more inward than usual as it battles over who will run the central bank. It may be better off looking outside the system. In such a seniority-based business
      855 words
    • Article, Illustration
      Lock icon How Shell copes with volatile prices
      1147 23  -  RONNIE LIM New 'legacy assets' are being developed or, as the CEO says, 'new heartlands for Shell in a new energy landscape' OIL had hit an all-time high above US$llO a barrel on Monday last week when Shell unveiled its latest strategies. The price
      REUTERS  -  1,147 words
    • Article, Illustration
      Lock icon Has the Shanghai stock market hit the 'real' bottom?
      914 23  -  TIGERTONG By IT seems we have entered an era when markets start hitting bottoms. We hear these words very often these days. Shanghai is one such market. The Shanghai Composite Index, which was one of the best performers in the world
      AFP  -  914 words
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  • WORLD
    • Article, Illustration
      Lock icon Olympic Flame starts journey for Beijing Games
      320 24 -AP [ANCIENT OLYMPIA, Greece] The flame for the Aug 8-24 Beijing Olympics was lit Monday using the sun's rays at a ceremony in Ancient Olympia. The event was briefly disrupted by three protesters from the Paris-based press freedom group Reporters Without Borders. The
      -AP; I AP  -  320 words
    • Article
      Lock icon Pension savings hit as credit crunch continues
      246 24 Reuters XONDON] Hard-pressed consumers are being forced to ditch retirement savings to meet the soaring cost of living, a survey showed yesterday. tenth of those saving for their retirement nearly 2.4 million Britons say they will have to stop or reduce contributions in
      – Reuters  -  246 words
    • Article
      Lock icon US bank shares may rise 10-20%: Barron's
      472 24 Reuters Bear Steam's failure marks a bottom for broader market [NEW YORK] Shares of stronger US banks and brokerages may rise 10 per cent to 20 per cent in the next year as panic over credit markets recedes and earnings improve, Barron's said
      – Reuters  -  472 words
    • Article
      Lock icon US firms' profits seen falling 5.5%
      237 24 Reuters The expected Q1 drop, twice the 2.7% forecast last week, reflects the deepening of credit crisis [NEW YORK] Wall Street strategists and industry analysts now expect first-quarter earnings at Standard Poor's 500 companies to decline 5.5 per cent from a year earlier, twice
      – Reuters  -  237 words
    • Article
      Lock icon Sub-prime-hit banks slash headcount
      578 24 Bloomberg 34,000 jobs gone in past 9 months; senior Wall Street execs not spared [NEW YORK] Wall Street banks hit by mortgage losses and writedowns have cut more than 34,000 jobs in the past nine months, the most since the dotcom boom fizzled in 2001. Citigroup
      – Bloomberg  -  578 words
    • Article
      Lock icon BURSA MALAYSIA
      2269 24 Iar24 RM ('000) A&M Realty 0.55 AbricBhd 0.20 Advance Synergy 0.12 Adventa Bhd 1.14 AeMuIti Hldgs 0.23 Affin Holdings 1.96 Ahmad Zaki Resou 0.90 Aic Corp 0.61 \irasia Bhd 1.35 Akn Technology 0.40 Alliance Financi 2.76 Aluminium Co 1.02 Amalgamated Ind 0.47 \mmb Hldgs Bhd 3.26 Amtel Holdings
      2,269 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8625 25 Transaction date: Mar 24 lii »-wks Tel Low Code Co i Sale ('OOP) Hit ■ow Bi Seller C'vr P/E $mil 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 99 6389 ABFSGBondETF 30 12 1938 AEI Corp 26 7.5 1100 AEM 42 19.5 2101 APOil
      8,625 words
    • Article
      Lock icon SGX XTRANET
      79 25 52-Wk Tel Hiqh Low Code Last Sale Vol COOP) Day Ih Low Last Quote Buyer Seller Div GrYld Net MCa| C'vr P/E $mi Comi ill! 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** *****
      79 words
    • Article
      Lock icon SGX CATALIST
      1977 25 52-Wk Tel High Low Code Last Sale Vol C000) Day Last Quote Div GrYld Net MCaj |h Low Buyer Seller C'vr P/E $mi Comi larr Hii 30 11.5 1181 s AAGrp 41.5 18 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 2.5 1501 s Advanced System
      1,977 words
    • Article
      Lock icon CLOB INTERNATIONAL
      213 25 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      213 words
  • Page 25 Advertisements
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      51 25 ROYAL OAK COLLECTION S" V H^SPl^S^^ WHERE EXTREMES MEET '■^^^^^^^S Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED .^s?^^^~'™^^^^3^^: i^.^ -If 6 F 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 ->&fc>^^^^&""'^^^^^^! t" v'^ia''- imi^l PIS Internet: Http://www.audemarspiguet.com j&. ■rjX&z "~s* *> ">"= V"
      51 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      368 26 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 21 World Index Preliminan 977.2 0.2 -13.7 0.2 -14.5 0.2 -11.. EAFE Preliminan 918.6 0.4 -18.0 0.4 -16.4 0.4 -13/ Euro[ Preliminan 1271.2 0.0
      368 words
    • Article
      Lock icon PALM OIL
      66 26 Mar 24 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Apr 08 3429 3216 3519 3354 459 1211 May 08 3345 3230 3545 3230 4609 ***** Jun 08 3415 3340 3541 3328 ***** ***** Jul 08 3400 3340
      66 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 26 Mar 24 STI SIMSCI Mar 361 367 365.7 Taiwan Mar 357.9 357.9 342.1 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 26 Mar 24 I Bid Offer 1-month 1.3886 1.39 2-months 1.3870 1.3885 3-months 1.3861 1.3877 6-months 1.3830 1.3847 Source: OCBC
      22 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      156 26 Mar 24 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2559 1.2577 0.9032 0.9037 Canadian dollar 1.3500 1.3514 0.9709 0.9711 Euro 2.1393 2.1417 1.5385 1.5389 NZ dollar 1.1006 1.1021 0.7915 0.7919 jterlini ind 2.7532 2.7560 1.9800 1.9803
      156 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      344 26 Mar 24 EURODOLLAR FUTURES Jun08 Sep08 Dec08 Mar09 97.700 97.795 97.755 97.765 0 0 0 0 ***** ***** 7894 ***** EUROYEN FUTURES Jun08 99.235 99.235 Sep08 99.310 99.310 Dec08 99.330 99.330 Mar09 99.305 99.305 Jun09 Sep09 Dec09 Mar10 99.215 99.300 99.315 99.300A 99.255A 99.195A 99.150A 99.215 99.300
      344 words
    • Article
      Lock icon SICOM FUTURES
      280 26 Mar 241 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Apr 08 May 08 Jun 08 Jul/Sep 08 Oct/Dec 08 Jan/Mar 09 379.25 379.25 379.50 379.75 379.75 381.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      280 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 26 As at 9am Mar 24 Singapore dollars to one unit of foreign currency: Currencies Bid 't Offer Aust dollar 1.2430 1.2580 Can dollar 1.3440 1.3600 Euro 2.1250 2.1500 NZ dollar 1.0880 1.1120 Sterlini ind 2.7350 2.7661 US dollar 1.3830 1.3990 Local dollars to 100 units of
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    • Article
      Lock icon INTERBANK RATES
      160 26 Mar 24 Overnight 3/4 1-month 1 1/4 2-months 1 5/16 3-months 1 3/8 Overnight mode: 1 1/8 US$ Offer 5/8 1 1/8 1 3/16 1 1/4 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 2.90 2.70 2.70 2.70 2.60 2.55
      160 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 26 Mar 24 AS CS_ Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.930 6.373 0.587 7.029 36.468 83.253 0.903 9.010 2.897 1.141 56.285 37.620 1.257 7.361 0.919 27.276 28.445 0.456 0.903 Canada 1.075 6.849
      468 words
    • Article
      Lock icon PRECIOUS METALS
      140 26 Mar 24 GOLD (USS/oz) Mar 20 Mar 19 Hong Kong London 920.00 991.30 921.00 992.30 Mar 19 Mar 20 943.30 922.70 944.00 923.60 Source: Reuters CAST BAR (S$) Mar 24 Buying Sellini Kilobar "44,067.95" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm 10gm 20gm 50gm 100gm 1
      140 words
    • Article
      Lock icon SIBOR
      78 26 Mar 24 (US$) (S$) 2.***** 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 9 mths 12 mths 2.***** 2.***** 2.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 1.***** 4yrs
      78 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 26 Mar 24 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****T 26.06.08 1-Year BY*****A 29.09.08 1.01 1.05 0.73 0.73 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0F 2.625 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****X
      88 words
    • Article
      Lock icon LONDON METALS
      70 26 Mar 20 Co irii iiuin, yy.i (US$/tonne) Close Previous Cash 2802.00 2880.80 3 months 2843.00 2920.00 Copper, Grade A (US$/tonne) Cash 3 months 7972.00 7840.00 8103.00 7979.00 Lead (US$/tonne) Cash 3 months 2700.50 2714.00 2824.20 2835.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash
      70 words
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      Lock icon CHICAGO BOT
      103 26 Mar2o\ SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 08 1207.00 1257.00 1235.00 1207.00 Jul 08 1222.00 1272.00 1249.00 1222.00 Aug 08 1216.00 1266.00 1238.00 1216.00 Sep 08 1190.00 1240.00 1217.00 1190.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 54.40 56.40 55.50 54.40
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      Lock icon LIFFE
      83 26 Mar 20 COCOA (Btonne) Close Prev Hii ih/Low May 08 1268 1334 1319/1200 Jul 08 1298 1361 1340/1235 Sep 08 1246 1311 1290/1185 Dec 08 1232 1301 1270/1183 COFFEE (US$/tonne) Close Pev High/Low Mar 08 2294 2485 2528/2210 May 07 2294 2485 2554/2208 Jul 08 2250 2345 2400/2200 Sep
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      Lock icon CRUDE OIL & PRODUCTS
      78 26 CRUDE OIL PRODUCTS Mar 20 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1 -Mth F) 99.15 -2.67 WTI (Near Mth) 102.52 -1.42 Dubai (1 -Mth F) 94.26 -4.65 Tapis blend 105.75 -5 Minas 101.4 -5 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 94.17 124.97 -3.63 -5.38 USS/barrel
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      Lock icon BONDS & WARRANTS
      2226 26 BONDS WARRANTS Pel lode Company "el lode Company 1779 ASL Marine Hldgs W*****1 !878 Aztech Systems W*****6 1657 Biosensors DB ECW*****3 1704 Capitamall Tr SGA ECW*****0. 1014 Capitaland BNP ECW*****8 1015 Capitaland BNP ECW*****2 1879Capitaland BNP ECW*****2 1666Capitaland BNP ECW*****9 1082 Capitaland BNP ECW*****6 1802 Capitaland BNP ECW*****4 1667 Capitaland
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      230 26 THERE IS A SILVER LINING. JT'S CALLED FX. H Turmoil in financial markets usually spells volatility for FX crosses. And as any experienced trader knows, volatility creates all Singapore kinds of opportunities... So trade up to SaxoTrader, the award-winning platform that was recently voted Best Platform for Retail Investors by
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      2578 27 mm The Business Times Shipping Times I z>~ 1■ 11 r_■ *>-Ti^_i WSSUKSHSISSKKSISIISSISU |Tln#if_i_H 11 <-> i<i t r iJIHBIII v o G's' 'r s UK CONTINENT SERVICE U.S.A SERVICE \H > /^agK-r^vL i r7i~;- 1 i }v~r~:- 1 HMnntwiiill ,-Hmpa- s«qaßFP\Destination Destination ■jjillilliJJj!|jM y ''"'^.■SiaHlllTtl. >: N rn H-Mrf
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      3216 28 WAN HAI INTERNATIONAL PTE LTD V^fK^fl In YSM I (0m MJt^ %-TrA lAf ALIII A I Illirr TEL *****588 (14 LINES) FAX: *****163 Mlr^aM E9 bfl E9 EM WSM si^ Si CJ t X«W V\Vt \WAN HAI INES Corner Service/Bookings Dirert Line-(1800) *****200 BffiPglß HHi MM WFFKIY FXPRFSS SAN INr
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      3519 29 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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  • PROPERTY
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      Lock icon UK home sellers advised to price realistically
      440 30 Bloomberg They can avoid bigger drop if they offer more attractive price now [LONDON] Britons selling their home should "get smart" and price their property more realistically before they lose out when home values decline later this year, Rightmove pic said. The average
      – Bloomberg; BLOOMBERG FILE PHOTO  -  440 words
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      Lock icon Indonesia's Semen Gresik posts 87% jump in Q4 profit
      461 30 Reuters [JAKARTA] Indonesia's largest cement firm, PT Semen Gresik Tbk, posted results yesterday indicating a better-than-expected 87 per cent rise in fourth-quar-ter net profit, boosted by a building boom and more efficient operations. South-east Asia's biggest economy has seen a push
      – Reuters  -  461 words
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      Lock icon China seeks price curbs through economic measures
      218 30 -Xinhua [BEIJING] China is to attempt to curb its high-flying property prices mainly using economic measures, rather than administrative ones, said Minister for Housing and Urban-rural Construction Jiang Weixin here on Sunday. China should increase the supply of cheaper and smaller apartments, said
      -Xinhua  -  218 words
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      Lock icon Japanese land prices climb for second year
      788 31 Bloomberg But growth in values may dip as financing shrinks with sub-prime woes [TOKYO] Land prices in Japan rose for a second year in 2007 after a 15-year slump, as private funds and real estate investment trusts competed to acquire properties in the
      – Bloomberg; AFP  -  788 words
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      Lock icon Slow Japan condo sales won't hit ratings: Fitch
      444 31 -Reuters Property giants' core leasing business will cushion impact [TOKYO/SINGAPORE] Fitch Ratings has said in a special report issued yesterday that its ratings of Japan's major real estate companies are unlikely to be affected by a slowing condominium market. "Not only do
      -Reuters  -  444 words
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      Lock icon Home, retail, office rental growth to ease
      433 32  -  UMA SHANKARI Housing rentals to rise 5-15% year-on-year in 2008: Knight Frank By PRIVATE housing rents are expected to grow at a slower pace this year than last year, Knight Frank said in a report yesterday. The property consultancy firm expects a year-on-year
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      Lock icon HDB imposes checklists on resale flats
      430 32  -  UMA SHANKARI By THE Housing and Development Board will introduce mandatory checklists for housing agents handling resale flat transactions from May 1 a move welcomed by industry players. The checklists cover key policies and procedures that housing agents will need to advise resale flat
      430 words
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      77 30 Business Space For Lease I savills m-x^mmm H^~^^--i I^^^-J *r m Alsxandra Alsxandra M I Technopark Bldg M Aisxanora M I rt*> PL w 3 Sentosa X Corporate building with possible naming rights Walking distance to future MRT Station Near Harbour Front, Vivo City and Alexandra Prominent frontage along Pasir
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      93 31 ■REAL ESTATE Bt Panjang Ten Mile\ Plaza pj^, hua JunaionV>-^l_l2wfr^^ Large 3-storey mixed landed housing sites V\ J^r^""\ \A Land area 122,677 sf;999yrswef 25/9/1882 \s^v^^ 0\ Potential for up to 76 strata conventional YSjL /^Assumption \^<: En g S h^s&Fz^sr^ p—l landed housing <^wJsubject Good schools CH|J Zhenghua Pri \(Our
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      366 31 Collective Sale of Fort Road Terraces 100% Consensus Mountbattenm I 1 6 landed units Sing ap oraßT(U/C) Katong Swimming I Land area approx. 3,430.2 sq m (36,922 sq ft) SMum State land approx. 1,01 8.6 sq m (10,964 sq ft) MOUNTBATTEN RD MP 2003 "Residential" Plot Ratio 2.1 Subject a
      366 words
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      6 32 ffIHIPI^ffiIPWiiIffIPPIBIPIHIIIBIIiIIiiPiIHBIIiIB^ I consulting m by RICOH
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      93 32 BUNGALOW LAND FOR SALE Bishopsgate 17,0005f Fourth Aye 27,0005f Belmont 22,0005f Oriole Cres IO,OOOsf ClunyPark 16,0005f CamdenPark 35,0005f Cornwall Garden 22,0005f Nassim 17,0005f Dalveyßoad 15,5005f Holland 16,0005f LAND FOR REDEVELOPMENT Astrid Hill 23,0005f Yarwood 16,0005f BinTong 27,41 15f Cable Road 36,0005f BtTunggal 17,0005f Chancery Lane 27,0005f Gallop Park 15,0005f ClunyPark
      93 words