The Business Times, 17 April 2008

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Total Pages: 30
1 30 The Business Times
  • 25 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg •V A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Thursday, April 17,2008
    25 words
  • 707 1  -  f SIOW LI SEN Some are repricing home loans lower, others offer to subsidise penalties By [SINGAPORE] As home sales continue to slide, banks are going all out to hang on to their existing home loan borrowers and even poach from their
    707 words
  • MARKETS DIGEST
    • 29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.201 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.25 CANADA 5.25 SWITZERLAND 3.76 INDIA 12.25 Source:
      Bloomberg  -  29 words
    • 48 1 Inesi lay lange KL COMP 1,253.64 +9.44 NIKKEI 225 13,146.13 +155.55 HANG SENG 23,878.35 -22.98 SET INDEX 833.38 +6.28 JAKARTA COMP 2,337.92 +43.67 MANILA COMP 2,921.74 +17.01 SEOUL COMP 1,758.56 +16.39 SHENZHEN B 533.24 -5.42 MUMBAI IND 16,244.19 +90.53 12N00NEDT Change 12,524.90 +162.43 DOW NASDAQ 2,336.22 +55.76
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    • 42 1 US$ (S$ per US$) 1.355 (USS/SS ier 1.971 2.672 EURO (US$/S$/E) 1.584 2.147 YEN 101.50 74.90 RM 3.154 2.327 HK$ 7.794 5.751 BAHT 31.56 23.28 RUPIAH 9,203 6,790 RENMINBI 6.995 5.162 INDIAN RUPEE 39.96 29.48 A$ 1.077 0.794 NZ$ 1.271 0.938
      42 words
  • 978 1  -  GENEVIEVE CUA Issuance takes a big hit as many suffer large losses By [SINGAPORE] Issuance of structured products, a staple in Asian investors' portfolios, reportedly suffered a sharp contraction of between 60 and 70 per cent in the first quarter this year, as poor
    978 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 46 1 NORTHWEST, HEDGE FUNDS BizlT CHINA g^j^ DELTA DEAL v^f Top manager rakes Challenges facing Spore Ql growth /■f^^^H^^fc A sign of the times ,j* in USs3.7b tech firms in China sizzles at 10.6% m y RAGE 3 RAGE 2 PAGE 21 PAGE 10 1 PAGE 2
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  • TOP STORIES
    • 544 2 Bloomberg Big payday for John Paulson for calling the market right [LONDON] John Paulson, founder of New Yorkbased Paulson Co, was paid an estimated US$3.7 billion last year, the most in the hedge fund industry, according to Institutional Investor's Alpha magazine. Mr Paulson,
      Bloomberg; LUDWIG ILIO  -  544 words
    • 623 2 Reuters LATEST US DATA Inflation data seen giving Fed scope to cut interest rates [WASHINGTON] The number of US housing projects started last month fell to the lowest in 17 years, while consumer prices moved up a bit less
      – Reuters  -  623 words
    • THREE-MINUTE DIGEST
      • 68 2 MOBILE users don't have to be slasher film fans to celebrate Friday, the 13th. Come June 13, Singapore's mobile phone subscribers will have good reason to cheer as they will be able to switch telco operators without losing their numbers. The Infocomm Development
        68 words
      • 90 2 THE Securities Investors Association of Singapore has signalled its unhappiness with the way Swissco International handled the recent resignation of two of its independent directors. Members of SIAS' corporate governance committee concerned about the interests of the company's minority shareholders met the
        90 words
      • 69 2 PARKWAY Life Reit will soon add an overseas property to its portfolio, following an agreement to buy a distributing facility in Japan for 2.59 billion yen (Ss3s million). The Reit's manager, Parkway Trust Management, yesterday said Parkway Life Reit has agreed
        69 words
      • 68 2 ASCENDAS India Development Trust has unveiled a $560 million integrated development project in India, the second Indian venture to be announced by it this month. This second project will have a 4.27 million sq ft IT special economic zone and a 2.6 million sq
        68 words
      • 42 2 THE three key government agencies responsible for Singapore's media development highlighted a combined $500 million in funds available to the industry during an inaugural joint report for the press yesterday. SINGAPORE NEWS, PAGE 9
        42 words
      • 65 2 CHINA'S economy grew more than 10 per cent for the ninth straight quarter, underlining the strength of the nation's expansion as a slump in the US drags down global growth. Gross domestic product rose 10.6 per cent in the three months to March
        65 words
      • 78 2 MALAYSIAN economic growth could cool to 5.2 per cent in the second half of 2008 from 5.6 per cent in the first half as the US economy slows, but the ringgit will continue to rally, a think-tank said yesterday. Economic conditions
        78 words
      • 68 2 ESTABLISHING direct, weekend charter flights across the Taiwan Strait by July is "doable", according to the incoming chairman of Taiwan's semi-official organisation that directly oversees contact with rival China. The island is also working towards allowing convertibility between the Taiwan dollar and
        68 words
    • 561 2  -  ARTHUR SIM Johor exploring possibility of Spore Iskandar train link By [SINGAPORE] Iskandar Malaysia, the mega development region in Johor, may yet steal an edge over Singapore, especially if it offers choice development sites for free. Khazanah Nasional Bhd managing director Azman
      561 words
    • 490 2 Bloomberg [KUALA LUMPUR] Malaysia's Landmarks Bhd, backed by Asia's largest gambling company, hopes to build Indonesia's first legalised casinos in a US$3.l billion resort project to compete with Las Vegas Sands Corp in Singapore. The "objective is to develop a new destination for
      Bloomberg  -  490 words
    • 570 3  -  SIOW LI SEN Operators prepare for challenge of true number portability By [SINGAPORE] Mobile phone users don't have to be slasher film fans to celebrate Friday, the 13th. Come June 13, Singapore's mobile phone subscribers will have good reason to cheer as they
      570 words
    • 562 3  -  YEN SREENIVASAN COMMENTARY Delta-Northwest merger could alter mindset over such tie-ups By SOME 400 routes in almost 70 countries, nearly 800 aircraft, 80,000 employees and US$35 billion of annual revenue. The US$3.l billion merger of Delta Airlines and Northwest Airlines will create a behemoth. The new
      562 words
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  • COMPANY NEWS
    • 474 4  -  MICHELLE QUAH David Gerald objects to company's rules on re-election of directors By THE Securities Investors Association of Singapore (SIAS), which champions minority rights, has signalled its unhappiness with the way Swissco International handled the recent resignation of two of its independent
      FILE PHOTO  -  474 words
    • 384 4  -  CHEW XIANG It receives info on possible breaches of Companies Act By THE Accounting and Corporate Regulatory Authority (Acra) yesterday confirmed it is investigating the Jade Technologies takeover saga after receiving information on possible breaches of the Companies Act. Acra joins a host
      384 words
    • 406 5  -  CHEN HUIFEN It will acquire a distributing facility in Matsudo city for 2.59b yen By PARKWAY Life Reit will soon add an overseas property to its portfolio, following an agreement to buy a distributing facility in Japan for 2.59 billion yen
      406 words
    • 312 5  -  VINCENT WEE By NEPTUNE Orient Lines (NOL) reiterated its stance that it is looking at all opportunities to enhance shareholder value, including merger options, at its annual general meeting yesterday. "We have to look at all opportunities available to improve shareholder value," chief executive
      312 words
    • 446 5  -  EMILYN YAP By MANAGER and developer of premium resorts and hotels Banyan Tree Holdings may set up more real estate development funds to support expansion in Japan and the Middle East. "Our rapid expansion demands relatively large capital injections," said vice-president of
      446 words
    • 314 5  -  CHEW XIANG By THE stop-start en bloc sale of Regent Garden, a 31-unit West Coast Road condominium, to Allgreen Properties looks set to finally go through after the High Court yesterday directed the majority owners to complete the agreement. The court
      314 words
    • 522 5  -  SIOW LI SEN PERHAPS US Federal Reserve chairman Ben Bernanke can take a leaf from our local bankers when it comes to his nation's sub-prime home loan borrowers who are struggling to meet higher instalments after lenders reset their interest rates higher. Recently United
      522 words
    • 283 6 Venture will consist of an IT SEZ and a residential and commercial part ASCENDAS India Development Trust (AIDT) has unveiled a $560 million integrated development project in India, the second Indian venture to be announced by it this month. This second project will have
      283 words
    • 340 6  -  YEN SREENIVASAN By TIGER beer roared into India yesterday, with Asia Pacific Breweries (APB) subsidiary Asia Pacific Breweries Aurangabad launching locally-brewed Tiger beer in Mumbai. India is the 10th country in the region to brew the award-winning beer, joining Singapore, Malaysia, China and Thailand among
      FILE PHOTO  -  340 words
    • 229 6 Reuters [BANGKOK] Advanced Info Service (AIS), Thailand's largest mobile phone company, has set coupon rates for a four billion baht (Ssl72 million), five-year bond issue due to be sold later this month, fund managers said yesterday. The unsecured issue, rated "AA"
      ■ Reuters  -  229 words
    • COMPANY BRIEFS
      • 91 6 SPORTSWEAR company China Eratat yesterday said its initial public offering (IPO) was subscribed 1.2 times, with both placement and public tranches seeing strong support. The company said institutional investors such as Legg Mason, Lloyd George, Deutsche Asset Management, DBS Asset Management and Black River
        91 words
      • 67 6 CWT, a logistics firm, yesterday said it has signed a memorandum of understanding with Tamadam Bonded Warehouse Bhd to pursue and develop logistics business opportunities in Malaysia. It said a joint venture company will be established to undertake logistics projects developed in Malaysia.
        67 words
      • 107 6 TASTYFOOD Holdings is poised for delisting after it was told by the Singapore Exchange it will not get any more time to find a new business. Tastyfood had become a cash company on July 29, 2006 after selling its old business. It had said on April
        107 words
    • 411 6  -  CHEWXIANG Focus on opportunity over threat 'striking': KPMG report By( STUDIES are underestimating the risks posed to businesses by climate change, while playing up the opportunities, according to a meta analysis done by KPMG. The recent study "Climate Changes Your Business" analysed 50
      AFP  -  411 words
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    • 1301 4 /4?> Get your Rabobank Warrant lO IUI Highlights daily via email. Vffßlvl mr Visit www.rabowarrants.com.sg or gi*l*ysmlflj& ftj| emailwarrants@rabobank.com B^Xjr^WW^fl FIRST RESOURCES RB ECWOBOBOB (FA2W) KEPCORP RB ECWOBO63O (E3DW) FIRST RESOURCES LTD Call KEPPEL CORP LTD Call Exercise Price 550.98 Exercise Price Ssll.oo L Expiry Date 8 August 2008 Ratio
      1,301 words
    • 97 4 ST i> POST YOUR AD WWW.ST7OI.COM This announcement appears as a matter of record only April 2008 CHINA ERATAT SPORTS FASHION LIMITED (Incorporated in the Republic of Singapore on 3 April 2007) (Company Registration Number *****5552 D) Invitation in respect of 163,000,000 Invitation Shares comprising 124,883,157 New Shares and 38,116,843
      97 words

  • Page 5 Advertisements
    • 132 5 i <*. *>* t^^ If 9m w 1 iVii^^ %^L TSDB9 f Terms Conditions Fares shown are per person for a round trip on Business Class. Sales Period is from 14th April to 14th May 2008. Ticket must be issued within 7 days /upon confirmation of booking or by 14th
      132 words

  • Page 6 Advertisements
    • 671 6 RICKMERS MARITIME (Registration Number: *****03) (a business trust constituted on 30 March 2007 under the laws of the Republic of Singapore) Managed by Rickmers Trust Management Pte. Ltd. NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Unitholders of Rickmers Maritime will be
      671 words
    • 7 6 I T jobs cars property shops I
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  • 1566 7 BT ADVERTORIAL In the race to transform Singapore into a premier international sporting hub, it is crucial for private sector businesses to take up the baton, writes JOEL CHUA PRIVATE businesses will be the new star athletes in the ongoing race to transform Singapore into a
    1,566 words

  • SINGAPORE MARKETS
    • 610 8  -  R SIVANITHY STOCKS Two-tier local market sees activity focused on blue chips and penny stocks TRADERS continued to base their decisions yesterday on how Wall Street might perform later in the day, using Hong Kong and the US futures market as their guides. With
      610 words
    • 102 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 12 3 3 0 0 0 12 3 3 Manufacturing 75 53 49 15 81 58 64 Commerce 28 17 20 32 19 28 Tpt/Stor/Comms 14 16 11 15 16 Finance 12 11
      102 words
    • 119 8 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 33,878 33,878 218,858 218,858 lanufacturini 274,886 75,874 350,760 319,705 9,569 329,274 lommerce 44,011 2,006 46,017 77,997 320 78,316 'pt/Stor/Comms 86,806 493 87,299 237,916 130 238,047 :i nance 32,223 32,223 246,820 246,820 lonstruction 88,150 18,065 106,215 24,541 1,226 25,767 'roperties
      119 words
    • 104 8 lapitaLand 6.400 +0.160 lapitaMall 3.580 +0.080 jtyDev 11.640 +0.240 losco Corp 3.080 +0.100 IBS Grp 19.060 +0.040 :&N 4.690 -0.030 Sent Intl 0.590 +0.005 IK Land 4.380 +0.090 ISH 16.780 +0.760 lardineC&C 17.500 +0.440 Ceppel Corp 11.000 +0.600 Ceppel Land 5.700 +0.040 IOL 3.280 +0.050 loble
      104 words
    • 4 8 DAILY
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    • 56 8 Apr 16 VALUE CLOSE -105.00 -77.00 IT OB/OS IT CADI -*****.00+75.00 IT 10-day MA -*****.00 -11.00 TSE ST Mid Cap 782.04 +7.57 TSE ST Small Cap 648.25 +0.73 TSE ST All Share 786.77 +7.01 TSE ST China 451.54 +2.01 IOB Catalist 147.23 +0.48 IMSCI 384.00 +3.2 IMSCI
      56 words
    • 60 8 VOLUME UniFiber 66,630,000 Jade Tech 46,804,000 iolden Ac iri 35,484,00! :osco Con 35,474,001 FirstRes 27,716,000 Yam izijian< 22,768,001 :hinaEnen 19,317,001 :oscoCori IEReCW*****8 18,854,001 Baker Tech 18,503,000 China Honi jxini 18,320,000 VALUE($) Con 167,642,940 :osco Con 108,067,991 iBS Gri 95,667,701 SGX 59,358,220 SembMar 54,574,330 SPC 54,407,870 >im iTel
      60 words
    • 98 8 CIMBAsean40 100US$ CLOSE UP 942 149.0 13.2 JSH 1678 103.0 4.7 OUE 1404 62.0 4.6 Cor| 1100 60.0 5.: SPC 800 60.0 8.1 Jardine C&C 1750 44.0 2.6 MBLiCW*****0 318 44.0 16.1 JMH 2998 40.6 1.0 Venture Con 1088 28.0 2.' :\t 1164 24.0 2.1 BY PERCENTAGE CLOSE UP
      98 words
    • 121 8 UOBMBLiCW*****0 CLOSE DOWN 718 -37.0 -4.9 China H 10US$ 1618 -16.3 -0.7 S I A 1526 -14.0 -0.9 GuocoLand Ltd 359 -11.0 -3.0 GLD 10US$ 9200 -10.8 -0.1 ICBCC :.93%Pref10 ***** -10.0 -0.1 'eo le's Food 103 -9.0 -8.0 SGX 794 -9.0 -1.1 SGX DB eCW*****5 15 -9.0 -37.5
      121 words
    • 85 8 Apr 16 CLOSE CHNG FR Apr 15 YR 2008/07 S$ LOW S$ HIGH USS 1.3528 0.24 1.5479 1.3528® Euro 2.1580 -0.45 2.2064 1.9913 Pounds 2.6762 -0.27 3.1194 2.6587® AS 1.2626 -0.56 1.3555 1.1741 Yen* 1.3394 0.33 1.4484 1.2285 Rupiah* 0.***** 0.18 0.*****0.*****® Baht* 4.2905 0.08 4.5700
      85 words
    • 960 8  -  CHOW PENN NEE Residential Property Sector DBS Group Research, April 16 MARCH quieter than before: The Urban Redevelopment Authority (URA) has released the monthly price and sales data of new residential units sold in March. Developers sold a total of 301 units, bringing the total number of uncompleted
      960 words
    • 513 8  -  LARRY WEE CURRENCIES THE euro and Singapore dollar posted fresh highs versus the US dollar in Asian currency trading yesterday, despite news of stronger US data overnight. Elsewhere, news of more record highs for oil prices made a good impression on
      513 words

  • SINGAPORE NEWS
    • 484 9  -  CHRISTOPHER LIM Development and attraction of talent a major focus, says MDA chief executive By THE three key government agencies responsible for Singapore's media development highlighted a combined $500 million in funds available to the industry during an inaugural joint report for
      484 words
    • 365 9  -  WEE JUN KAI By SOME 170 business leaders, including chief executives of multinational corporations (MNCs) as well as ambassadors and representatives of government agencies, yesterday got a chance to explore the opportunities for businesses in Singapore's sports industry. The event, held at Sentosa, was the
      365 words
    • 637 9  -  CHEAH UI-HOON By SOME 70 Singapore businessmen will be part of a delegation from The Arts House to Moscow this June, to participate in its business exploration and networking programme through Spotlight Singapore. "This is double the number who came
      FILE PHOTO  -  637 words
    • 384 9  -  ARTHUR SIM By A SLOWDOWN in the global economy is likely to affect the tourism industry here, Singapore Tourism Board (STB) deputy chairman and chief executive officer LimNeo Chian said yesterday. But Asian tourists could be Singapore's saving grace. "What is comforting
      384 words
    • 495 9  -  CHEN HUIFEN Project likely to cost $100mandwillbe completed by 2012 By SIX months after saying that it is eyeing a manufacturing site in the region, Swiss eyecare company Alcon has picked Singapore to build its newest plant. In a statement released in
      495 words
    • 365 9  -  QUAH CHIN CHIN By WOMEN, in general, hold the purse strings in their households and tend to put their families' needs above their own to their possible financial detriment when they grow older. This was a key finding of a recent study by Tsao
      365 words
  • Page 9 Advertisements
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      167 words

  • ECONOMY WATCH
    • 669 10 Bloomberg Consumer prices jump 8.3% in March, close to the fastest pace in 11 years [BEIJING] China's economy grew more than 10 per cent for the ninth straight quarter, underlining the strength of the nation's expansion as a slump in the US drags
      Bloomberg; Photo: Xinhua Source: National Bureau of Statistics  -  669 words
    • 467 10 Bloomberg February's increase of USs72.sb higher than expected [NEW YORK] Foreign buying of US financial assets rose more than expected in February as international investors purchased Treasuries and agency debt on expectations the Federal Reserve would lower interest rates. Total holdings of
      Bloomberg  -  467 words
    • 350 10 -AP [BASEL, Switzerland] A key group of banking supervisors yesterday announced new measures to strengthen the world's banking system against shocks like the US sub-prime mortgage crisis. The regulatory panel based at the Bank for International Settlements said the steps will lead to better
      -AP  -  350 words
    • 261 10 Reuters US Treasury Dept's plan for voluntary code slammed [WASHINGTON] Critics blasted a US Treasury Department call for the US$l.B trillion hedge fund industry to better police itself, saying voluntary guidelines did little to protect investors and regulate the pools of capital. Instead, the
      ■ Reuters  -  261 words
    • 2257 10 tpr 16 RM Cooo] ASM Realty 0.70 \bric Bhd 0.17 advance Synergy 0.13 Adventa Bhd 1.23 Ae Multi Hldgs 0.23 Win Holdings 2.01 Ahmad Zaki Resou 1.03 AicCorp 0.55 \irasia Bhd 1.29 Akn Technology 0.54 alliance Financi 2.85 aluminium Co 1.03 Amalgamated Ind 0.49 Ammb Hldgs Bhd 3.36
      2,257 words
  • Page 10 Advertisements
    • 1141 10 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF 8.X.8. ENGINEERING CONSTRUCTIONS PTE LTD (IN LIQUIDATION) (Company Registration No. *****0767W) (Companies Winding Up No. 26 of 2008/F) NOTICE TO CREDITORS AND CONTRIBUTORS OF FIRST MEETING (Under
      1,141 words

  • MALAYSIA/INDONESIA
    • 674 11 Reuters Economy could feel more of impact of US turmoil later in the year: think-tank [KUALA LUMPUR] Malaysian economic growth could cool to 5.2 per cent in the second half of 2008 from 5.6 per cent in the first half as
      Reuters; FILE PHOTO  -  674 words
    • 334 11 Reuters [KUALA LUMPUR] A Malaysian newspaper controlled by Prime Minister Abdullah Ahmad Badawi's party launched a rare attack on party leaders yesterday, branding them as boors and greedy following its worst election showing. "Enough is enough," the New Straits Times newspaper said in its front-paged editorial
      ■ Reuters  -  334 words
    • 371 11 Bloomberg [JAKARTA] PT Excelcomindo Pratama, Indonesia's third-largest mobile-phone operator, may slow the pace of tariff cuts, after halving prices last year, to protect its margins. Excelcomindo, controlled by Telekom Malaysia Bhd, may cut the rates on calls between its users by
      – Bloomberg  -  371 words
    • 172 11 Reuters [KUALA LUMPUR] Malaysia's markets regulator charged two former directors of commodities firm Welli Multi Corp on Tuesday with furnishing misleading financial statements, the regulator said. Ang Sun Beng and Ang Soon An, who are brothers, were accused of furnishing misleading revenue figures for
      – Reuters  -  172 words
    • 303 11 ■AP [KUALA LUMPUR] Malaysia wants to completely stop using foreign workers, whose numbers have reached nearly three million, many of whom are in the country illegally, a news report said yesterday. The Star daily quoted Home Minister Syed Hamid Albar as saying he
      ■AP  -  303 words
    • 189 11 Reuters Move linked to illegal logging case involving policemen [JAKARTA] The police chief in Indonesia's West Kalimantan province has been moved here following the arrest last week of three policemen in the area in a case involving illegal logging, a police spokesman said yesterday. Indonesia
      – Reuters  -  189 words
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      201 words

  • GREATER CHINA
    • 649 12 Bloomberg Move may make it easier for China's lenders to expand into industries such as insurance [BEIJING] China has circulated its first rules governing acquisitions by commercial banks of financial companies at home and abroad, a move that may make it easier for the
      ■ Bloomberg  -  649 words
    • 526 12 Bloomberg [HONG KONG] Templeton Asset Management Ltd's Mark Mobius said Taiwanese stocks are inexpensive and he's been buying them on expectation that the island will benefit from closer ties with China. "We have Taiwan assets and we are buying Taiwan assets," Mr Mobius, 71, said
      – Bloomberg; REUTERS  -  526 words
    • 270 12 Bloomberg [BEIJING] Taiwanese lawyers will be eligible to sit for China's legal qualifying exam, a prerequisite for practicing law on the mainland, for the first time this year, a Chinese Justice Ministry official said yesterday. The ministry is also studying how to
      Bloomberg  -  270 words
    • 315 12 Reuters [TAIPEI] Two foreign private equity funds are in early talks to invest in Sunny Bank, a small Taiwan lender, a source close to the bank said yesterday, marking the latest interest by foreign investors in Taiwan banks. The investment banking
      – Reuters  -  315 words
    • 264 12 Reuters [SHANGHAI] China has issued US$3OO million in foreign exchange quotas to foreign institutions to invest in Chinese securities markets, which analysts said could bolster the sagging stock market, the official Shanghai Securities News said yesterday. It added that the State Administration
      Reuters  -  264 words
    • 323 12 Bloomberg [BEIJING] Hangzhou Wahaha Group Co chairman Zong Qinghou is under investigation by Chinese tax authorities for allegedly skipping payments, a company spokesman said. "Taxation authorities will conduct the investigation and disclose whatever they find," Shan Qining, a spokesman for Wahaha Group, said
      – Bloomberg  -  323 words
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  • GREATER CHINA/INDIA
    • 427 13 -AP Island also working on convertibility of currencies ahead of likely tourist inflow [TAIPEI] Establishing direct, weekend charter flights across the Taiwan Strait by July is "doable", according to the incoming chairman of Taiwan's semi-official organisation that directly oversees contact with rival
      -AP  -  427 words
    • 213 13 -AFP [ABUJA, Nigeria] China and India have agreed to build oil refineries in Nigeria rather than buying crude from it for export, a Nigerian official said on Tuesday. "What we have agreed with the Chinese is that we will now have a greenfield
      -AFP  -  213 words
    • 381 13 ■AP [CANBERRA] Chinese guards travelling with the Olympic torch could face arrest if they lay hands on any protesters during its visit to Australia's capital next week, an official said yesterday. Ted Quinlan, chairman of the Canberra relay
      ■AP; AP  -  381 words
    • 186 13 Reuters [MUMBAI] The founders of Indian publisher Kasturi and Sons Ltd are believed to be in talks to sell a minority stake to Australia's Fairfax Media Ltd, the Mint paper said yesterday, citing sources close to the Indian firm. Discussions were on
      – Reuters  -  186 words
    • 222 13 Bloomberg [HONG KONG] 3i Group pic, the London-based manager of a five billion euro (5510.7 billion) buyout fund, raised US$l.2 billion for its India infrastructure fund, 20 per cent more than targeted, it said in a statement. The company received funds from 16 investors
      ■ Bloomberg  -  222 words
  • Page 13 Advertisements
    • 2429 13 NOTICE W^M I, Omamgbe Ikpa (single), of 5D Ridley Road, #04-04 Tanglin Park,24B4BoSingapore,intendtomarrySebastianGrieb(single) LINDETEVES-JACOBERG LIMITED of 5D Ridley Road, #04-04 Tanglin Park, *****0 Singapore, at (Company Registration No. *****0172G) the Minato-ku Municipal Hotel 2-5-25 Shibakoen, Minato-ku (Incorporated in the Republic of Singapore) 105-8511, Tokyo Japan on 20 May 2008. Any
      2,429 words

  • INDIA
    • 416 14 Bloomb erg Fast gains in the reserves are raising hopes for higher returns: RBI chief [MUMBAI] India's central bank governor Yaga Venugopal Reddy said it is possible to make a case for a sovereign wealth fund (SWF) to manage the
      Bloomb erg; REUTERS  -  416 words
    • 296 14 -Reuters [MUMBAI] India's Kotak Mahindra Bank Ltd has only a modest exposure to foreign exchange derivatives and there was no risk of large provisioning for them in its upcoming results, top officials said on Tuesday. "It is not a cause of concern. Considering the
      -Reuters  -  296 words
    • 200 14 Bloomberg [DAVOS] AFK Sistema, Russian billionaire Vladimir Yevtushenkov's holding company, said it obtained enough radio frequencies to build mobile-phone networks in India capable of reaching 650 million people. The Department of Telecommunications of India allocated the 800 MHz radio frequencies to Sistema's subsidiary,
      – Bloomberg  -  200 words
    • 433 14 Bloomberg [MUMBAI] India's money, bond and currency markets have been stable and may be immune to the global credit crisis, central bank governor Yaga Venugopal Reddy said in New York on Tuesday. Asia's third-largest economy, with its "modest" cur-rent-account deficit, plays a stabilising role
      Bloomberg  -  433 words
    • 682 14 Bloomberg [NEW YORK] On bus stops and phone kiosks throughout Manhattan, huge posters ask: "Could an opera triumph where war never has?" It's a strange enough question to make pedestrians step closer. Faced with selling a Philip
      – Bloomberg; BLOOMBERG  -  682 words
  • Page 14 Advertisements
    • 247 14 £d tk vtykt stuff rww.ST7Oi.COM jobs cars property shops i&s^i DISCOVER SECRETS HOW ORDINARY PEOPLE Etfjgg WITH NO EXPERIENCE EARN $10,000 MONTHLY EUS v Anybody can earn $10,000 Monthly Easily when you discover our PROVEN TRADE SECRETS! No need to quit your job. MONEY BACK GUARANTEE* to make sure you
      247 words

  • MIDDLE EAST
    • 576 15 Reuters, AFP Group signals reluctance to raise supply, saying that a US slowdown may weaken demand in Q2 [LONDON] Opec is pumping enough oil and the US economic slowdown may weaken consumption in the second quarter, the group said on Tuesday underscoring its
      ■ Reuters, AFP; AP  -  576 words
    • 507 15 Bloomberg, Reuters [BRUSSELS] Iraq will open at least six major oil and natural gas fields for exploration and production in its first licensing round since the US-led invasion in 2003, as the country seeks international help to raise output. Iraq, which
      – Bloomberg, Reuters  -  507 words
    • 8284 15 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.897/ Star Europe Bond 1.215/ Star Europe Bal 1.154/ Star Asian Tiger Eqty 1.346/ Star Asia Bond 1.173/ Star Asia Balanced 0.951/ Star Global Technology Fund!** 0.185/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.864/ Gib Multi StUSD 1.112/
      8,284 words

  • FOCUS: FOOD WOES
    • 1122 16 Bloomberg Philippine tender, US crop delay increase concerns of global shortage; N Korea faces 'humanitarian crisis' [SINGAPORE] Rice climbed to a record for a second day as the Philippines, the world's biggest importer, sought one million metric tons and floods delayed planting
      ■ Bloomberg  -  1,122 words
    • 544 16 Reuters [KANSAS CITY] An injection of wheat into US food aid stocks may help keep donations on track this year, a top official said, but the future is precarious as world hunger grows and high crop prices eat into aid budgets.
      – Reuters  -  544 words
    • 708 16 Reuters They can raise prices before consumers change eating habits [GUANGZHOU] Vegetable seller Xiao Wang shrugged and laughed ruefully, weighing a bundle of seallions at his tiny stall in the backstreets of this booming southern metropolis. "Everything has gone up by around 20
      Reuters; REUTERS  -  708 words
    • 172 16 Bloomberg [Mumbai] India's annual monsoon rains will likely be sufficient this year for farmers to plant rice, wheat and oilseeds, helping the government head off a food shortage that has stoked inflation to more than a three-year high. An official at the Department
      Bloomberg  -  172 words
    • 387 16 Reuters [MANILA] The Philippines has temporarily halted the conversion of agricultural lands for property development and other uses amid concern it needs to ring-fence its paddy fields to meet a growing demand for rice. Agrarian Reform Secretary Nasser Pangandaman said yesterday that
      Reuters  -  387 words

  • ASIA-PACIFIC/WORLD
    • 568 17 Bloomberg It sets aside US$5.l b for writedowns and provisions; revenue down 11% [NEW YORK] JPMorgan Chase, the third-biggest US bank, said profits fell 50 per cent after US$5.l billion of writedowns and provisions linked to sub-prime mortgages, bad home-equi-ty loans and financing
      Bloomberg  -  568 words
    • 205 17  -  JOHN HENG ByJ IT has always been my biggest regret when I was growing up, not to have money to buy the biggest super soaker in town. Imagine the fun of pumping it up really good, squeezing it off on the back of my unsuspecting
      JOHN HENG  -  205 words
    • 444 17 Reuters [ZURICH] Swiss bank ÜBS cut its dividend by a third, based on current stock prices, as it moved to a stock dividend from cash to shore up its equity base. The Swiss bank yesterday said it would offer shareholders one new share for
      Reuters  -  444 words
    • 593 17 Reuters He wants to invest in Asian firms if he regains access to frozen family assets [DUBAI] Former Thai Prime Minister Thaksin Shinawatra plans to set up a private equity fund with up to US$5 billion to invest in Asian companies if he regains
      – Reuters  -  593 words
    • 133 17 UNIQUELY SINGAPORE took line honours in Santa Cruz on Wednesday after a painstaking approach to the line in light airs. The Singaporean team, backed by Keppel Corporation, crossed the finish line for Race 8 from Hawaii at 1216 GMT, closely followed by Nova Scotia. Rob Mclnally
      Photo: ONEDITION  -  133 words
    • 696 17 Bloomberg But investors remain unconvinced as bank stocks plummet [NEW YORK] Richard Fuld, Lloyd Blankfein and John Mack say that the creditmarket contraction is winding down. Investors whose bank stocks have plummeted aren't convinced. Mr Fuld, chief executive officer of Lehman Brothers Holdings,
      Bloomberg  -  696 words

  • WORLD
    • 614 18 -NYT CEO soothes fears of weakening economy starting to hit technology sector [SAN FRANCISCO] An upbeat Intel, the leading computer chip maker, reported on Tuesday that global demand for chips was "solid" during the first quarter, soothing investor fears that a
      -NYT  -  614 words
    • 700 18 -AP City's record tourist business visitors last year continue [NEW YORK] This city has started to slide into the economic downturn that is enveloping much of the country. But the city has a counterbalance against recession that few other American cities share: A
      -AP; AP  -  700 words
    • 484 18 Bloomberg But company says article citing court documents contains false and misleading statements [MINNEAPOLIS] Merck conducted its own studies on the pain pill Vioxx, then hired companies to ghostwrite reports for medical journals, a study of court records shows. Authors of two articles
      – Bloomberg  -  484 words
    • 431 18 Bloomberg Increasing sales to bigger businesses and consumers cited [NEW YORK] Seagate Technology, the biggest maker of hard-disk drives, said third-quarter profit jumped 62 per cent on rising sales to bigger businesses and consumers. Earnings this quarter may fall short of analysts'
      Bloomberg  -  431 words
    • 428 18 Bloomberg -[SAN FRANCISCO] Google manipulated a US government spectrum auction by bidding just enough to trigger rules that will open a nationwide set of airwaves to any device and then walking away, Republican lawmakers said. The so-called open-ac-cess requirements, also backed by consumer
      ■ Bloomberg  -  428 words
    • 79 18 -AP [CARACAS, Venezuela] Venezuela's Congress has approved a law forcing foreign oil companies to pay a tax on windfall profits when crude tops US$7O a barrel. Lawmakers say the measure imposes a 50 per cent tax when the average monthly price for benchmark
      -AP  -  79 words

  • AVIATION
    • 554 19 Reuters Concerns obscure potential benefits from planned Delta, Northwest merger [NEW YORK] Ratings of US airlines took a hit on Tuesday as concerns about rising fuel prices and the slowing economy overshadowed potential benefits from the planned merger of Delta Air Lines
      ■ Reuters  -  554 words
    • 243 19  -  YEN SREENIVASAN By THE Delta-Northwest merger will further strengthen the coherence of Delta's partnership with the world's current largest airline group, Air France-KLM. Air France-KLM, which is Delta Skyteam alliance partner, said in a statement yesterday that it believed it could quickly build a
      243 words
    • 607 19 Bloomberg [ATLANTA] Boeing Co may benefit from the merger between Delta Air Lines Inc and Northwest Airlines Corp as the carriers band together for new cash from growth overseas to replace their ageing fleets. The tie-up, announced on Monday, creates the world's largest carrier
      ■ Bloomberg; AP  -  607 words
    • 190 19 Bloomberg [WASHINGTON] American Airlines' groundings last week showed that the Federal Aviation Administration's safety programmes work because maintenance flaws were caught and fixed, acting agency chief Robert Sturgell said. While defending the FAA action that forced the cancellation of 3,300 flights, Mr Sturgell
      Bloomberg  -  190 words
    • 2383 19 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI Air India (AIC), AY Finnair Ov (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
      2,383 words
  • Page 19 Miscellaneous
    • 387 19 CRYPTIC CROSSWORD 9 Look, sailors, a girl! (5) L BH HH HB MH__HM H^ 10 A bonnet is inappropriate as I garment for the condemned MM hh mm MM MM mm turn green at first (7) 12 Gangster expelled by one H^^| I^l^^^H j^l country and another (7) F^ 13
      387 words

  • SHIPPING/TRANSPORTATION
    • 455 20  -  VINCENT WEE It scored for its pontoon system, wave attenuator, service standards By [SINGAPORE] Marina at Keppel Bay has beaten seven other new marinas in the region to win the Best Asian New Marina/Yacht Club award at the Christofle Asia
      455 words
    • TRANSPORT STOCKS
      • 107 20 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.62 0.36 3.08 0.81 2.20 1.09 0.07
        107 words
      • 36 20 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.81 8.95 8.75 4.38 3.28 0.20 0.14 0.03 unch -0.05 unch unch -0.01 unch 15! 12: 74! 31! 37} i 10!
        36 words
      • 11 20 '00 ■recious Ship Jegional Cont 23.50 23.80 0.20 -0.10 3821
        11 words
      • 6 20 '000 toil .41.25 -0.90 91
        6 words
      • 22 20 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.60 31.50 2.50 unch -0.10 0.50 unch unch 1511 1081 136 0
        22 words
      • 21 20 Evergreen Marine ....31.30 :irst Steamship 78.20 ManHai Lines 28.65 r"ang Ming Marine ..25.00 0.40 -1.80 -0.05 0.10 2( 1( i:
        21 words
      • 39 20 '000 (awasaki Hvy Ind ..232.00 8.00 1515! (awasaki Kisen 960.00 24.00 452! Mitsubishi Hvy 448.00 9.00 3291! i/litsui Eng&Sbldg ..315.00 22.00 ***** 1/litsuiOsk Lines ...1264.00 37.00 779( Nippon Express 581.00 -4.00 219( JipponYusen 936.00 8.00 45& iource: Reuters
        39 words
    • 369 20  -  VINCENT WEE By [SINGAPORE] THE marine leisure community and a major corporate with major links to the sea have come together to help put back something into the environment that sustains them. The two-year-old coral nursery project off Pulau Semakau led by National Parks
      369 words
    • 241 20  -  VINCENT WEE By PSA Singapore Terminals is continuing to expand its capacities with the award yesterday of a $160 million contract to Doosan Heavy Industries and Construction for 79 new rub-ber-tyred gantry cranes (RTG). The RTGs will be deployed at PSA's
      241 words
    • 198 20 [SINGAPORE] AP Moller-Maersk's forwarding and supply chain unit Maersk Logistics yesterday announced the appointment of Tony Hotine as its new regional manager for the Asia-Pacific. Mr Hotine is based in Singapore and is responsible for all aspects of the logistics business, with particular focus
      198 words
    • 146 20 -AP [JACKSONVILLE, Florida] Rail giant CSX Corp said on Tuesday that fuel surcharges along with rising ethanol and grain volumes helped its first-quarter profit soar 46 per cent. CSX said it earned US$35l million or 85 cents per share, in the three
      -AP  -  146 words
    • 454 20 Bloomberg [NEW YORK] The Port Authority of New York and New Jersey wants to be part of plans to build a new train station in midtown Manhattan, chairman Anthony Coscia said on Tuesday. The authority, which operates New York City's airports
      ■ Bloomberg  -  454 words
  • Page 20 Advertisements
    • 186 20 §1 GLORY SHIP MANAGEMENT PTE LTD jl We invite suitably qualified and experienced personnel for the following appointments I Working experience in Tanker Operations, supervision of loading/discharging, :'<,ij safety audit, etc. I Knowledge of Charter Parties, laytime calculations and ability to independently £i liaise with Charterers, Agents, Terminals and Brokers
      186 words
    • 19 20 Lianhe Zaobao I As many as 29,000 I uncompleted homes I approved to sell under deferred payment scheme I
      19 words

  • BizIT
    • 732 21  -  ONG BOON KIAT But the sheer scale of covering the entire nation will be a key challenge for many Reports by in Shanghai PARTNERSHIPS and coverage are among the key challenges named by five Singapore technology firms which have been making forays into
      732 words
    • 265 21 IN Shanghai this week to launch the newly named Infocomm Singapore Centre (ISC), a business networking office jointly set up by IDA and SiTF in that city, IDA CEO Ronnie Tay told BizlT that there are "immense opportunities for Singapore and Singapore infocomm companies
      265 words
    • 880 21  -  LAURENT JUNIQUE <you say> By IT COMPANIES are one of the earliest industries to use contact centres as a delivery service method most famously to provide tech help to customers but as the ICT race shows no sign of slowing down,
      880 words
    • 1014 21  -  AMIT ROY CHOUDHURY The company is teaming up with Microsoft Reports by CONTACT centre applications provider Aspect Software is betting big on Unified Communications (UC) applications driving growth in Asia-Pacific, including Japan (APJ), after it signed a strategic alliance with Microsoft late last
      1,014 words
    • 278 21 CONTACT centres have traditionally been viewed by management as taking care of a necessary function without being critical to the business. But Aspect Software president and CEO Jim Foy feels this mindset is fast changing, especially with new solutions incorporating Unified Communications (UC) technology that
      278 words
  • Page 21 Miscellaneous

  • EDITORIAL & OPINION
    • 477 22 FOR centuries, many clever minds have struggled to define, harness and tame financial market risk. Over the last three decades, thanks to the power of mathematics and computers, it seemed as if the science of risk management had been almost perfected. Today every financial
      477 words
    • 1101 22  - Germany has a new export item its jobless i ERIK KIRSCHBAUM Reuters The country also offers financial aid to help unemployed Germans find jobs elsewhere By GERMANY, the world's leading export nation, has long been successful in shipping its state-of-the-art cars and machinery to just about every country. Now, after
      – Reuters; REUTERS  -  1,101 words
    • 840 22  -  ANTHONY ROWLEY THE BOTTOM LINE THIS week, I moderated a discussion on journalist and author Eamonn Fingleton's new book, In the Jaws of the Dragon-America's Fate in the Coming Era of Chinese Hegemony, at the Foreign Correspondents Club of Japan
      840 words
    • 875 23  -  ROBERT SAMUELSON The Washington Post Writers Group Trade promotes growth but FTAs are opposed because they are seen to destroy jobs LMOST every American wishes for a renaisA sance of A US manufacturing, and none have said so more louder than the Democratic
      The Washington Post Writers Group; BLOOMBERG FILE PHOTO  -  875 words
    • 1426 23  -  ARIANA EUNJUNG CHA LATWP By WEI Hoqiang used to work in a toy factory that forced him to sign a contract which it did not let him read. It paid him 30 US cents an hour, made him work 100 days without a day off,
      – LATWP  -  1,426 words
    • LETTER TO THE EDITOR
      • 827 23  -  Wu Zhi Jian AS a subscriber of The Business Times, I enjoy reading the newspaper every day. Recently I noticed that there have been extensive reports and debates on Tibet and the Olympics issue in BT. As a mainland Chinese, I feel
        827 words


  • SINGAPORE STOCKS
    • 6371 24 Transaction date: Apr 16 Unl n™ I 3ct rinnta niii r^rVlrl Mat M fin Hi! Low Code Com| >an] Sale COOO) Hi: -ow B'u] ?er Seller C'vr P/E Sinii 5716 1st Software ***** §1 S KS' 'So° S SS 26 7.5 1100 AEM iS gl S 1 ,r
      6,371 words
    • 80 24 52-Wk Tel High Low Code Last Sale Vol ('000] Day Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Com| Hii 200 116 6065 Diamonds US200d 250 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO *****
      80 words
    • 1973 24 52-Wk Tel High Low Code Last Sale Vol COOP] Day Last Quote Div GrYld Net MCap Low Buyer Seller C'vr P/E $mil Comi Hii 30 11.5 1181 s AAGrp 415 16 5000 s ABR Hldgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5
      1,973 words
    • 201 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      201 words
  • Page 24 Advertisements
    • 41 24 m 11 jw^jm^*] lk| THE EDWARD PIGUET WATCH le maltre de I'horlogerie depuis 1875 'I/fit B Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED Wtt^ 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com
      41 words

  • FINANCED & COMMODITIES
    • 368 25 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change ir 15 World Index Preliminary 1005.5 0.3 -11.2 0.1 -13.8 0.1 -8.1 EAFE Preliminai 966.8 0.8 -13.7 0.3 -13.5 0.3 -8.: Euroi Prelim inan 1342.9
      368 words
    • 124 25 As at 9am Apr 16 >f foreign currency: Currencies Bid Offer >ust dollar 1.2490 1.2640 Can dollar 1.3260 1.3420 iuro 2.1310 2.1550 IZ dollar 1.0560 1.0780 iterlini ind 2.6490 2.6790 IS dollar 1.3490 1.3650 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer Chi
      124 words
    • 156 25 Apr 16 Overnight 1/4 1 -month 1 2-months 1 1/8 3-months 1 1/4 Overnight mode: 9/16 USS Offer 1/8 7/8 1 1 1/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 2.75 2.80 2.85 2.85 2.85 2.85 2.85 Offer 2.65
      156 words
    • 21 25 Apr 16 STI SIMSCI A| 382.8 384.2 381.9 Taiwan 346 348.2 346.9 Source: MF Global (S) Pte. Ltd
      21 words
    • 21 25 Apr 16 Bid Offer 1-month 1.3523 1.3537 2-months 1.3507 1.3522 3-months 1.3497 1.3512 6-months 1.3463 1.3477 Source: OCBC
      21 words
    • 154 25 Apr 16 Currencies Bid Offer Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2580 1.2594 0.9286 0.9288 Canadian dollar 1.3384 1.3402 0.9879 0.9884 Euro 2.1460 2.1483 1.5841 1.5844 NZ dollar 1.0656 1.0672 0.7866 0.7871 Sterlini ind 2.6702 2.6730 1.9711 1.971 US dollar 1.3547 1.3559
      154 words
    • 349 25 Apr 16 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Jun08 Sep08 Dec08 Mar09 97.420 97.560 97.465 97.455 0 0 0 0 ***** ***** ***** ***** EUROYEN FUTURES Jun08 99.175 99.175 Sep08 99.225 99.225 Dec08 99.275 99.275 Mar09 99.280 99.285 Jun09 99.260 99.260 Sep09 Dec09 Mar10 99.170
      349 words
    • 296 25 Apr 16 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest May 08 Jun 08 Jul 08 Aug 08 Sep 08 Oct/Dec 08 389.75 386.25 382.75 382.75 381.00 381.00 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open
      296 words
    • 466 25 Apr 16 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.940 6.497 0.586 7.239 37.111 85.464 0.943 9.191 2.929 1.180 59.005 38.899 1.259 7.412 0.932 28.091 29.305 0.471 0.929 Canada 1.064 6.913 0.624 7.702
      466 words
    • 103 25 Apr 15 .OYBEANS 5,000 bu min; US cents/60 lb bushels) Close Previous High/Low /lay 08 1380.00 1372.50 1397.00 1378.00 ul 08 1397.00 1389.25 1415.00 1394.00 rug 08 1385.00 1377.25 1400.00 1384.00 ep 08 1349.00 1335.50 1360.00 1345.00 iOYBEAN/OIL 50,000 lbs;Uscent/lb) Close Previous High/Low /lay 08 62.52 61.50 63.00
      103 words
    • 76 25 CRUDE OIL PRODUCTS Apr 15 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 111.28 2.19 WTI (Near Mth) 113.80 1.95 Dubai (1-Mth F) 103.35 1.64 Tapis blend 116.7 1.58 Minas 108.4 1.8 PRODUCT USS/barrel (FOB S'pore) Close Chanqe Naphtha Jet Kerosene 100.70 138.10 0.13 0.7 USS/barrel Opec Oil
      76 words
    • 87 25 Apr 16 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****N 17.07.08 1-Year BY*****A 29.09.08 0.87 0.87 0.86 0.80 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0F 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
      87 words
    • 74 25 Apr 16 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** SWAP Mid rates (Ss) 1 yr 1.***** 2yrs 1.***** 3yrs 2.***** 4yrs 2.***** syrs 2.***** 7yrs 2.***** 10yrs 3.***** 12yrs 3.***** 15yrs 3.***** Source: Reuters 1 mth 2.***** 1.***** 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6
      74 words
    • 57 25 Apr 16 Delivery Month Opening Sett Av Range Price Price Hii Vol Open Done Position Low Apr 08 May 08 3670 Jun 08 3694 Jul 08 3700 Total o/p: ***** contracts 3565 3663 3685 3632 474 2831 3665 3694 3630 3043 ***** 3674 3700 3634 7127 ***** Turnover:
      57 words
    • 141 25 Apr 16 GOLD (USS/oz) Apr 16 Apr IS Hong Kong London 930.30 930.80 931.30 931.80 Apr 14 Apr 15 928.70 927.30 929.70 928.30 Source: Reuters CAST BAR (S$) Apr 16 Buying Sellini Kilobar "43,507.27" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      141 words
    • 69 25 Apr 15 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2950.00 2995.50 3 months 2999.00 3045.00 Copper, Grade A (USS/tonne) Cash 3 months 8550.00 8430.00 8702.00 8555.00 Lead (USS/tonne) Cash 3 months 2832.00 2840.00 2914.00 2920.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00
      69 words
    • 83 25 Apr 15 COCOA (£/tonne) Close Prev Hii ih/Low May 08 1409 1396 1420/1393 Jul 08 1439 1422 1449/1420 Sep 08 1358 1339 1367/1341 Dec 08 1329 1310 1335/1312 COFFEE (USS/tonne) Close Pev High/Low May 08 2295 2236 2305/2217 Jul 08 2328 2268 2340/2247 Sep 08 2328 2272 2331/2250 Nov
      83 words
    • 1736 25 BONDS WARRANTS Tel Code Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left 4105#Asiatravel W*****7 22 -5 12 1 28 -1 2.30 25 3666Capitaland BNP ECW*****9 8.5 1 13 0.2 628 2 3802Capitaland BNP ECW*****4 7 0.5 150 0.1 738 8 3667
      1,736 words

  • Page 26 Advertisements
    • 3273 26 The Business Times Shipping Times A —~Hl~l~TlßlffWT~f~ffnffn>l Ml WAN HAI INTERNATIONAL PTE LTD crNO:N69s«oooo/r W-— f_P~I W HL%_l ::M!W!l9Wiß»fl>BKai3lSMi mm IVTr^V II -I hup* TEL *****588 (RUNES) FAX:6224H63 V^^^^VllrT^CTtS Ml ■BggEH mXm&OMJt. \,\M\ WAN HAI INF\ Customer Servke/BoolinjsDirecl line-(1800) 6miJoo —T" I I _"l.~L*'l »I I 08y8^33H*****93 I V I
      3,273 words

  • Page 27 Advertisements
    • 3200 27 jjlgl AUSTRAL ASIA LINE »b»u:^/™. l l rd lß i.tn..J lifp*! H H H H fUsT £}®3S^W JJ/-O-C—-/ ASIA AUSTRALIA SERVICE AcceptingContainer/LCL/Breakbulk/Project ■ivv'J^B EBHSZ^^^^^HH^^^Hl^^^H^^^Bll^^^Kn^^^El^^^BZ^H WEEKLY EXPRESS SAILING SCHEDULE CAPE YORK 05A8 01/05 OVOJ 08/05 22/05 2VOJ WOJ 01/06 SljlS BJl3SniTll!|iniHiJflllffiniFlWfflT! 1137T033?^^ CAPE MORETON BIAS 11/05 17/05 21/05 07/06 11/06 14/06
      3,200 words

  • Page 28 Advertisements
    • 3794 28 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
      3,794 words

  • PROPERTY
    • 371 29  -  JOANNE CHIEW But Republic still competitive for firms moving staff into region: ECA ByJ SINGAPORE'S residential rental rates for a three-bed-room apartment have increased by 33 per cent over a year from 2006 to 2007. This makes Singapore the fifth most expensive
      371 words
    • 454 29  -  EMILYN YAP It will guide land use, development of 30 sq km site By IN Mandarin, the description is almost poetic. Translated into English, it goes: "One chain surrounds one core; six wedges to the river and sea; one spine connecting four districts." The
      454 words
    • 466 30 Fast income growth, falling interest rates will keep the sector buoyant says report HERE'S some good news for those feeling down after recent bearish reports on the local property market. Canadian-based BCA Research this week issued a Buy Singapore Property Stocks
      466 words
    • 339 30  -  KALPANA RASHIWALA By PROPERTY heavyweight Far East Organization has achieved encouraging sales for three 99-year leasehold suburban projects after it trimmed their prices by about 3-5 per cent shortly after the Chinese New Year period, sources say. BT understands that the
      339 words
  • Page 29 Advertisements
    • 642 29 4^^^Vb B?f. Redefining the luxuryjlife .?.J Freehold designer Villas by Only eight 3 to 5 bedroom Villas Habitat 5 in Sanur Fully furnished, high end luxury Close to shops, restaurants and property, eco-friendly built KS'ZiSSm the white dirert f the developer sandy beaches fuM assistance provided Call now: +62-811-*****14 Nirw
      642 words

  • Page 30 Advertisements
    • 1844 30 !-UWi BUNGALOWS FOR SALE I Astrid Hill Good Class Bungalow jJJ^*X Auction on 23/4/2008 j"*f(*-^ -XI \V Freehold, land area: 21,11 5 sq ft L-V^sv^/ '"s■ YL 2-storey with pool and basement Xs Near Holland Village future Holland MRT IWiWUIIIJffI "H Crescent Road Brand New «jjLl— I 3 2i/2-storey, freehold,
      1,844 words