The Business Times, 18 April 2008

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Friday, April 18,2008
    25 words
  • Article
    Lock icon New rules may transform S'pore telcos
    644 1  -  SIOW Ll SEN Open access will mean they can use infrastructure without owning it By [SINGAPORE] The government is proposing new rules to ensure a truly competitive landscape when its national broadband network gets off the ground with potentially far-reach-ing implications. If passed, the
    644 words
  • Article
    Lock icon Different strokes for different segments if developers cut prices
    725 1  -  KALPANA RASHIWALA By [SINGAPORE] In cutting prices by 3-5 per cent at three existing projects and achieving encouraging sales, property giant Far East Organization may have set the cat among the pigeons. Other developers must now ask themselves whether to embrace
    725 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 12.25 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 Source:
      12.25 Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      46 1 tursi lay tange I COMP 1,256.54 +2.90 IIKKEI225 13,398.30 +252.17 JANG SENG 24,258.96 +380.61 ;et INDEX 845.43 +12.05 JAKARTA COMP 2,341.78 +3.86 IANILACOMP 2,940.48 +18.74 ;eoulcomp 1,768.67 +10.11 IHENZHEN B 521.65 -11.59 IUMBAI IND 16,481.20 +237.01 12.15PM EDT Change 12,595.82 -23.45 )OW IASDAQ 2,333.12 -16.99
      46 words
    • Article
      Lock icon FOREX
      37 1 IS$ (S$ per US$) 1.351 (USS/SS )er£) 1.974 2.667 ;URO (US$/S$/E) 1.597 2.157 'EN 101.80 75.40 3.151 2.333 N<$ 7.792 5.769 !AHT 31.42 23.26 lUPIAH 9.197 6.809 lENMINBI 6.985 5.171 INDIAN RUPEE 39.95 29.57 1.065 0.788
      37 words
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      28 1 8"*****l"*****4' t\ f^A omo^ _^?___r^______ *J~_ 'At im I—a— 1 -J I* *~^___P «^J' -_-H?^_k V^---K-_3 mmmmlffi' J fiHC__y~ Smt wß>mm\ mm 11/ it mn I»^\ VI !_i2_______
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      72 1 H WORLD GOURMET I WINE I CLIPPER RACE j ||M '*^fy^ SUMMIT The very best of Uniquely Spore triumphs in ljife|lffif W Dessert maestro Spanish wines Hawaii to Santa Cruz race |j| BEi gjjj v Pierre Herme page 26 page 29 pages 3,27 iHIBIILwimiIUB Sir j_Wr V THE RAFFLES CONVERSATION
      72 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Many in S'pore expect pain if recession comes
      610 2  -  CHUANG PECK MING Banking sector most downbeat IT appears resilient: Hudson report By [SINGAPORE] If there is a recession, business here is more likely to be hit than that elsewhere in Asia. And workers here may feel the pain, too. Not everyone
      Hudson Report  -  610 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Oil crosses US$115 but bigger worries loom
        62 2 THE price of crude oil went above US$ll5 on Wednesday but industry watchers in Singapore remained indifferent to the tumbling of yet another record. Economists say rising inflation and the flaccid US economy are of greater concern, while analysts say the stock market
        62 words
      • Article
        Lock icon Rights issues in Asia-Pac surge 70% to top US$11b
        69 2 THE Asia-Pacific region has seen a surge in rights issues this year, with more than US$ll billion raised so far, according to data from Thomson Reuters. This is up 70 per cent year on year. And Singapore is not lagging behind,
        69 words
      • Article
        Lock icon Straits Resources to split into 2 units to improve prospects
        90 2 STRAITS Resources Ltd said yesterday it will split into two units, separating its coal and other assets to improve growth prospects. Its Singapore-listed Straits Asia Resources unit will hold the coal assets while Straits Resources will hold the other assets.
        90 words
      • Article
        Lock icon Sembcorp Marine unit strikes Brazil yard deal
        47 2 SEMBCORP Marine unit Jurong Shipyard is set to play a bigger role in the booming Brazil offshore oil and gas market, with the signing of a strategic alliance agreement with Rio de Janeiro-based Mac Laren Shipyard. COMPANY NEWS, PAGE 6
        47 words
      • Article
        Lock icon $50m grant scheme for SMEs launched
        56 2 TECHNOLOGY-BASED enterprises keen to turn their research and development ideas into businesses can now get funding support to do so. Spring Singapore yesterday launched a $50 million grant scheme to encourage SMEs to "bring their own technology ideas to the market", said its chairman
        56 words
      • Article
        Lock icon US recession will be mild: G-8 business chiefs
        79 2 BUSINESS leaders from the G-8 countries meeting in Tokyo yesterday offered a reassuring assessment ofthe likely impact of the sub-prime crisis on the world's major economies. They argued that the US would suffer only a "mild recession" in the first half of
        79 words
      • Article
        Lock icon Chinese property tycoons set for investment visit to Taiwan
        72 2 A GROUP of Chinese property tycoons will visit Taiwan next week in what could bring the first wave of mainland investment to the island since civil war split the two in 1949. Officials said the real estate developers set to arrive
        72 words
      • Article
        Lock icon Dubai to launch region's first gold exchange traded fund
        72 2 DUBAI, the Middle East's gold trade hub, will see the launch ofthe region's first gold exchange traded fund in the second half of this year, a senior World Gold Council official said. Moaz Barakat, managing director ofthe industry-sponsored WGC in the
        72 words
    • Article
      Lock icon Uptick in leading index still leaves a dim picture
      382 2 Bloomberg, Reuters, LATEST US DATA Numbers don't show US in recession but growth is weak [WASHINGTON] A key forecasting gauge of the US economy inched up in March, after dropping five months in a row, but the future may still be
      – Bloomberg, Reuters,  -  382 words
    • Article, Illustration
      Lock icon March exports surprise with 5.9% dive
      481 2  -  CHUANG PECK MING 8.5% plunge in electronics exports a major factor By [SINGAPORE] Singapore's key non-oil domestic exports (NODX) took a surprisingly sharp dive in March, demonstrating again the widening gap between export performance and the overall growth ofthe economy. NODX fell 5.9 per
      IE Singapore  -  481 words
    • Article
      Lock icon Merrill writes off another US$6b, to axe 2,900 jobs
      339 2 Bloomberg AP, [NEW YORK]Merrill Lynch, the world's largest brokerage, yesterday said it would cut 2,900 jobs after more than US$6 billion fresh writedowns pushed it to a loss for the first quarter. Chief executive John Thain also cautioned that things would
      Bloomberg; – AP,  -  339 words
    • Article, Illustration
      Lock icon S'pore clipper posts its first-ever win
      495 3  -  VINCENT WEE Uniquely Spore triumphs in Hawaii to Santa Cruz race after tussle with Nova Scotia By [SINGAPORE] Uniquely Singapore registered its first-ever top position finish, winning the Hawaii to Santa Cruz segment in the Clipper 07/08 Clipper Round the World Yacht Race. As
      H g . -I CUPPER VENTURES  -  495 words
    • Article
      Lock icon Oil crosses US$115 but bigger worries loom
      603 3  -  CHEW XIANG Analysts more concerned about inflation and the US economy By [SINGAPORE] The price of crude oil went above US$ll5 on Wednesday but industry watchers here remained indifferent to the tumbling of yet another record. Economists say rising inflation and the flaccid
      603 words
  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
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  • Page 3 Advertisements
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      306 3 I jc-r Mm Wjk Properties It 1H li-H Limited mm ____L f I OF THE MOST SOUGHT-AFTER SENI RESIDENTIAL ADDRESSES IN «on T k,a r a ij^^^^^^-ses- mmAmm I ft I I|l i||l i s_f rt_ M I H_P l_F^______ I kThe best of both worlds awaits you in SENI
      306 words
  • Page 3 Miscellaneous
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Wall St concerns drag prices off highs
      564 4  -  R SIVANITHY STOCKS ST Index shrinks intraday gain of 65 points to end 39 points up; banks lead the rise THERE has been a strong element of "buy in anticipation" in daily trading over the past few days, mainly with regard to trying
      : Bloomberg  -  564 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      96 4 Up Down Unch Up Down Unch Up Down Unch lulti Ind 6 6 6 0 0 0 6 6 6 lanufacturing 68 53 59 16 73 56 75 Commerce 33 10 22 36 14 28 'pt/Stor/Comms 13 11 15 15 11 15 :inance 24 24 Construction 14
      96 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      119 4 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 33.763 33.763 225.041 225.041 lanufacturing 446.879 39.267 486.146 401.481 3.107 404.588 Commerce 48.559 3.731 52.290 92.557 557 93.114 "pt/Stor/Comms 103.217 256 103.473 290.200 73 290.273 :i nance 34.688 31 34.719 285.059 285.061 Construction 33.349 6.169 39.518 9.314 620 9.934
      119 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      106 4 lapitaLand 6.630 +0.230 lapitaMall 3.600 +0.020 jtyDev 11.840 +0.200 losco Corp 2.980 -0.100 IBS Grp 19.180 +0.120 :&N 4.790 +0.100 Sent Intl 0.595 +0.005 IK Land 4.370 -0.010 ISH 17.000 +0.220 lardineC&C 17.780 +0.280 Ceppel Corp 11.500 +0.500 Ceppel Land 5.810 +0.110 IOL 3.360 +0.080 loble
      106 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 4 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      53 4 CLOSE -109.00 -4.0C IT OB/OS IT CADI -*****.00+77.01 IT 10-day MA -*****.00 -11.0' TSE ST Mid Cap 790.51 +8.4' TSE ST Small Cap 649.61 +1.3 TSE ST All Share 795.40 +8.6 TSE ST China 448.50 -3.0. OB Catalist 145.17 -2.0i IMSCI 389.49 +5.4: IMSCI Futures 388.70 +6.8'
      53 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 4 VOLUME ChinaEratat 71,158,000 Yanqzijianq 37,469,000 Cosco Corp 29,657,000 ChinaEnerqy 28,033,000 China Honqxinq 27,461,000 DBS DB eCWOBO72I 26,421,000 SinqTelMßl_eCWoBo9o3 24,855,000 Golden Agri 24,704,000 CoscoCorpMEßeCWoBo9lB 24,386,000 Jade Tech 23,456,000 VALUE(S) Keppel Corp 169,845,628 Cosco Corp 91,349,120 Sing Tel 91,324,920 DBS Grp 88,233,244 Capita Land 84,651,486 SGX 80,773,890 UOB 60,835,592
      57 words
    • Article
      Lock icon RISES
      99 4 CLOSE UP iMT 4800 3563 288 LP 10US$ 9380 243.0 2.' IMH 3112 153.9 3.: 'enture Cori 1160 72.0 6.' China H 10US$ 1667 66.2 3.' Cori 1150 50.0 4. MBLiCW/*****0 356 38.0 11. MBLiCW/*****3 435 32.0 7: ISH 1700 29.7 1. iBS MBLiCW/*****0 604 28.0 4. BY PERCENTAGI
      99 words
    • Article
      Lock icon FALLS
      118 4 BY CENTS CLOSE DOWN rUE 1342 -62.0 -4.4 ;TI 3350 DBePW*****2 52.5 -32.5 -38.2 law Par Cori 710 -15.0 -2.1 'anlord 233 -12.0 -4.9 .I Fund 173 -11.0 -6.0 :osco Cori 298 -10.0 -3.2 'BS Bk6% NCPS 10 ***** -10.0 -0.1 reat Eastern 1690 -10.0 -0.6 nisteel 157 -9.0
      118 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      85 4 Apr 17 CLOSE CHNG FR Apr 16 YR2008 S$ LOW S$ HIGH USS 1.3504 0.18 1.4542 1.3498® Euro 2.1563 0.08 2.2064 2.0474 Pounds 2.6710 0.20 2.8431 2.6583® AS 1.2680 -0.43 1.3235 1.2349 Yen* 1.3239 1.17 1.4484 1.2832 Rupiah* 0.***** 0.18 0.***** 0.***** Baht* 4.2993 -0.20 4.4299
      85 words
    • Article
      Lock icon BROKERS' TAKE
      977 4  -  CHOW PENN NEE Retailing Sportswear Sector Merrill Lynch, April 16 FAST-GROWING sportswear sector oversold: We expect the China sportswear market to grow by almost 30 per cent in 2008 and around 20 per cent a year in the medium term. Strong demand is underpinned by urbanisation, generational change,
      977 words
    • Article, Illustration
      Lock icon Yuan, S$ hit new highs; others falter
      529 4  -  LARRY WEE CURRENCIES THE euro stopped short of testing US$l.6O highs, but the greenback was forced to fresh lows of 6.9834 Chinese yuan and 551.3495 as risk appetite and commodity prices soared with Wall Street overnight. The latter's key indices closed more than
      : Reuters  -  529 words
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  • COMPANY NEWS
    • Article
      Lock icon Aborted bid for Jade prompts review of business plans
      376 5  -  CHEW XIANG By JADE Technologies said yesterday the botched takeover ofthe company by its group president Anthony Soh "may lead to a modification ofthe group's business plans". In a statement to the Singapore Exchange, Jade chairman Brian Beazer said the issue
      376 words
    • Article, Illustration
      Lock icon OCBC says growth unlikely to match last year's
      744 5  -  CONRAD TAN Net interest income still expected to grow, but at slower pace, says CEO By OCBC Bank chief executive David Conner is "cautiously optimistic" about the group's prospects for this year, but says its growth is unlikely to match last year's.
      744 words
    • Article, Illustration
      Lock icon Asia sees 70% surge in rights
      537 5  -  CHEW XIANG Value of issues in Singapore set to match last year's record if the pace continues By THE Asia-Pacific region has seen a surge in rights issues this year, with more than US$ll billion raised so far, according to data from Thomson Reuters.
      I BLOOMBERG  -  537 words
    • Article
      Lock icon Straits Resources to split into two units to improve prospects
      290 5 -Reuters [PERTH] Straits Resources Ltd said yesterday it will split into two units, separating its coal and other assets to improve growth prospects. It said that its Singa-pore-listed Straits Asia Resources unit will hold the coal assets while Straits Resources
      -Reuters  -  290 words
    • COMPANY BRIEFS
      • Article
        Lock icon Nera profit up 10.3% in Q1 to $2.7m
        71 5 NERA Telecommunications Ltd has reported a first-quarter net profit of $2.66 million, an increase of 10.3 per cent from $2.4 million a year ago. Turnover increased 7.2 per cent, from $36.4 million to $39 million. This was attributed to higher turnover from
        71 words
      • Article
        Lock icon KSH wins $127m Sentosa Cove project
        59 5 KSH Holdings, a construction and property development as well as management group, said it has won a $126.8 million contract from Lippo Marina Collection Pte Ltd. The contract is for the construction of Lippo's luxury condominium development, Marina Collection, at Sentosa Cove. With this
        59 words
      • Article
        Lock icon MSC optimistic about commodity project
        100 5 THE Straits Trading Company said its Malaysian listed unit, Malaysia Smelting Corporation Bhd (MSC), has entered into a framework agreement with Philco Resources Limited, LG International Corp and Korea Resources Corp to buy a 30 per cent stake in the Rapu Rapu copper, gold, zinc
        100 words
    • Article, Illustration
      Lock icon Sembcorp Marine unit strikes Brazil yard deal
      412 6  -  VINCENT WEE Jurong Shipyard to partner Mac Laren for offshore oil and gas related projects By SEMBCORP Marine unit Jurong Shipyard is set to play a bigger role in the booming Brazil offshore oil and gas market, with the signing of a strategic
      FILE PHOTO  -  412 words
    • Article
      Lock icon Unisteel a buyout target, says analyst
      354 6 Reuters SINGAPORE disk drive component-maker Unisteel Technology, which said this week it is reviewing options to boost shareholder value, has told analysts that it is a buyout target, one analyst said. Unisteel was queried by the Singapore Exchange after its share price jumped 20
      Reuters  -  354 words
    • Article, Illustration
      Lock icon China Eratat bucks IPO trend with 1st day gain
      403 6  -  EMILYN YAP All eyes on trading debut of China Zaino Int'l today By BREAKING the loss spell suffered by the last three initial public offerings (IPOs), shares of China Eratat rose above their offer price of 30 cents on the first
      ■: Bloomberg  -  403 words
    • Article
      Lock icon ST Aero gets FAA certification for aircraft conversion
      243 6  -  VINCENT WEE By JUSTIFYING major client Fedex's confidence in its abilities, Singapore Technologies Engineering's aerospace arm yesterday announced it has received approval from the US Federal Aviation Administration (FAA) for its Supplemental Type Certificate (STC) on the Boeing 757-200SF pas-senger-to-freighter (PTF) conversion.
      243 words
    • Article, Illustration
      Lock icon ST701 offers online spreeing service
      293 6  -  WEE JUN KAI By HERE is good news for online shoppers looking for collective purchases: Singapore Press Holdings' online classifieds website ST7OI has launched an online spree shopping service in collaboration with com Gateway. The service developed by the two parties can be found at
      293 words
    • Article
      Lock icon Evergro rebounds into the black with Q1 profit of $0.1m
      420 6  -  ARTHUR SIM By EVERGRO Properties, a member of Keppel Group, has posted a net profit of $101,000 for the first quarter compared with a loss of $930,000 a year ago. Turnover for the three months ended March 31 was $9.45
      420 words
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      Lock icon Page 5 Advertisements Column 1
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      74 words
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      43 6 Lianhe Zaobao wA ['I 11 I I reveals new strategy I to Zaobao after its I recent acquisition I of Tuas Power ra±* m _W_____i ra^ I ______H l-fcl \\l I A& w w w w w w wam^_^_w w p^_w m j_^———-_^_—
      43 words
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      Lock icon Page 6 Advertisements Column 2
      124 6 M fj t_ j ll I L i.j;vOL+:.|ft3Bdiiiiiifeil I I.". H___ lIIIIIIIIIIIIIIIIIIIIIIIIIIHIi^ L -~_9^_______________H SEEKING EXCEPTIONAL PARTNERS Encel Volkers with over 318 offices in 25 countries is one of the world's leading licensors for agents specialized in the marketing of prestigious international properties. We are now seeking highly qualified Local
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      75 6 eurooopter INDUSTRIAL BUILDING FOR SALE Location of Building: 48 Loyang Way Land Lease; From JTC Approx GFA: 6,500 Sq Metres (Inclusive of approx 1,000 Sq Metres of Hangar Space) Land Area: 13,000 Sq Metres Current Plot Ratio: 0.6 Authorize Plot Ratio: 2.5 For more information, please contact Ms Tracy Lim
      75 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      182 7 SOLUTIONS FOR YOUR WORK INJURY RISKS IN TIMES OF CHANGE Effective April 1,2008 the legislation governing Workmen's Compensation insurance in Singapore has changed Work Injury Compensation Act (WICA) 2008 (Cap 354) At American Home Assurance Singapore, we are committed to finding the best solutions to our clients' insurance needs, maybe
      182 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Govt unveils new masterplan to fight cyber threats
      461 8  -  LEE U-WEN $70m push includes accreditation and certification of info-security pros By THE government is spending $70 million on a new masterplan to strengthen the local infocomm security industry's resilience against cyber threats. High on its list of priorities is to raise
      461 words
    • Article
      Lock icon $50m grant scheme for SMEs launched
      287 8  -  QUAH CHIN CHIN By TECHNOLOGY-BASED enterprises keen to turn their research and development ideas into businesses can now get funding support to do so. Spring Singapore yesterday launched a $50 million grant scheme to encourage SMEs to "bring their own technology ideas to the
      287 words
    • Article, Illustration
      Lock icon Thomson Reuters debuts as biggest financial data supplier
      647 8  -  LEE U-WEN Its 34% global market share pips Bloomberg's 33% By CANADIAN electronic publisher Thomson Corp and British news and information group Reuters are officially rivals no more. Yesterday afternoon, the two heavyweights announced their merger to the tune of US$l5.9 billion,
      ARTHUR LEE  -  647 words
    • Article, Illustration
      Lock icon Tripartism with solidarity is key to success: Ng
      548 8  -  CHUANG PECK MING NTUC leaders, govt, employers will move forward together By THE event was the Singapore Tripartism Forum. And the message delivered yesterday by the keynote speaker was apt ty"What will see us through is our solidarity," said Education and Second
      FILE PHOTO  -  548 words
    • Article
      Lock icon Investment property sales in Q1 remain steady
      358 8  -  JOANNE CHIEW By INVESTMENT property sales level in first quarter 2008 was unchanged from a year ago despite deepening concerns regarding the US economy. A total of $8.4 billion worth of transactions was concluded, up one per cent quarter-on-quarter (QOQ), according to the
      358 words
    • Article
      Lock icon $1.28m Temasek aid to NTU for trade-talks research hub
      337 8  -  SARA LIM By TEMASEK Foundation, the philanthropic arm of Temasek Holdings, has provided the Nanyang Technological University (NTU) with $1.28 million worth of seed funding to launch a research centre for trade negotiation and economic development. The grant will fund a
      337 words
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      118 8 THE STRAITS TIMES thesundaytimes .Weekend Giveaway! Get rewarded each weekend! Buy your copy of The Straits Times on Saturday and The Sunday Times for free treats*. tjranstatf&tFayel Terms Conditions: Available for copies purchased at Buz Pods, Cheers, 7-Eleven, Cold Storage, Giant, Guardian Pharmacies, NTUC, Shop N Save, Caltex, Esso-Mobil, Shell,
      118 words
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  • ECONOMY WATCH
    • Article
      Lock icon US recession will be mild: G-8 business chiefs
      555 9  -  ANTHONY ROWLEY Europe, Japan also likely to escape severe damage to their economies By/ in Tokyo BUSINESS leaders from the G-8 countries meeting in Tokyo yesterday offered a reassuring assessment of the likely impact of the sub-prime crisis on the world's major
      555 words
    • Article
      Lock icon China urged to take measures against hot economy
      287 9 -NYT [BEIJING] Inflation and economic growth have slowed slightly in China, the government announced on Wednesday, saying price controls had limited the cost of many essential items and exports to the United States had weakened. But the latest figures, for inflation in
      -NYT  -  287 words
    • Article
      Lock icon US economy slowing, raw material prices rising: Federal Reserve
      474 9 Reuters [WASHINGTON] Economic conditions are weakening across much of the United States at the same time food, fuel and raw material prices are increasing, the Federal Reserve said on Wednesday. In its anecdotal Beige Book summary of regional economic conditions, the
      Reuters  -  474 words
    • Article, Illustration
      Lock icon WTO deal on food products worries EU farmers
      594 9 Reuters [BRUSSELS] European farmers are alarmed at a deal on farm concessions for broader world trade talks that they say will damage the bloc's agricultural sector, including its livestock producers. EU officials involved in the World Trade Organization's (WTO) Doha round of
      Reuters; REUTERS  -  594 words
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      Lock icon Page 9 Advertisements Column 1
      164 9 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
      164 words
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      81 9 green because we care Own that which appreciates, rent that which depreciates. Rockfeller, 1920 *H All sharp financial minds know mm^___#m (lQh} t^. t^ that investing in depreciating t assets like business *f %Smi?k technological hardware ¥j0 BURIES that cash. Choose to go rental instead with RENTWISE. Wm> J i/\
      81 words
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      16 9 m\ *mAOaA ma^^mWmi amU 'm9^^mmTm\T m\ _H\\ \m\m W A^^t^^^E-V^ \ta —I^^^^^^^HH P____Vj^n?J Rl I Mw^^^mmwSSa
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  • MALAYSIA
    • Article, Illustration
      Lock icon PM Lee positive on idea for Johor urban rail link
      429 10  -  ARTHUR SIM But timeframe for development of the latest proposal is not known By [SINGAPORE] Prime Minister Lee Hsien Loong has responded "positively" to the idea of linking Singapore and Johor with an urban rail system. This was announced yesterday
      FRANCIS ONG/THE STRAITS TIMES  -  429 words
    • Article, Illustration
      Lock icon Citigroup advises investors to buy M'sia property shares
      407 10 Bloomberg [KUALA LUMPUR] Malaysia's stocks are "bottoming out" and investors should buy property shares such as SP Setia Bhd and UEM World Bhd as the government may introduce measures this year to bolster consumer confidence, said Citigroup Inc. "We see buying activities
      Bloomberg; BLOOMBERG  -  407 words
    • Article
      Lock icon Fuel subsidy may top RM40b: KL
      239 10 Bloomberg [KUALA LUMPUR] Malaysia's government said its fuel subsidy bill may swell to at least RM4O billion (5517.18 billion) this year amid record oil prices. Malaysia would prefer more "stable" crude prices, Second Finance Minister Nor Mohamed Yakcop said yesterday in Cyberjaya, outside Kuala
      ■ Bloomberg  -  239 words
    • Article
      Lock icon Najib rejects Opposition's claims that it has enough defectors
      295 10 ■AFP [KUALA LUMPUR] Malaysia's deputy prime minister has rejected opposition claims that it has the support of enough defectors from the ruling coalition to seize power, reports said yesterday. The Barisan Nasional (BN) coalition lost its two-thirds majority in Parliament and
      ■AFP  -  295 words
    • Article
      Lock icon Pedra Branca ruling 'will not affect KL-S'pore ties'
      295 10 AFP [SINGAPORE] An upcoming ruling on jurisdiction over an islet contested by Singapore and Malaysia will not affect ties between the neighbours, the two countries said on Thursday. Malaysia and Singapore asked the International Court of Justice (ICJ) in July 2003 to
      AFP  -  295 words
    • Article
      Lock icon Malaysia announces moves to strengthen judiciary
      310 10 Reuters [KUALA LUMPUR] Malaysia announced wide-rang-ing reforms for its judiciary yesterday, moving quickly to shore up investor confidence after last month's shock election setback for the country's ruling coalition. Prime Minister Abdullah Ahmad Badawi also said the government would compensate several former judges whose
      Reuters  -  310 words
    • Article
      Lock icon BURSA MALAYSIA
      2281 10 VOL Cooo) ipr 17 RM ASM Realty 070 \bric Bhd 0.18 advance Synergy 0.13 Adventa Bhd 1.24 Ae Multi Hldgs 0.24 Win Holdings 2.05 Ahmad Zaki Resou 1.05 AicCorp 0.55 \irasia Bhd 1.29 Akn Technology 0.53 Alliance Financi 2.88 aluminium Co 1.03 Amalgamated Ind 0.48 Ammb Hldgs Bhd
      2,281 words
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  • GREATER CHINA
    • Article
      Lock icon Chinese property tycoons set for investment visit to Taiwan
      375 11 -AP Leisure projects top agenda as island expects huge inflow of Chinese tourists [TAIPEI] A group of Chinese property tycoons will visit Taiwan next week in what could bring the first wave of mainland investment to the island since civil war
      -AP  -  375 words
    • Article, Illustration
      Lock icon Bird's Nest opens for business today
      385 11 -AFP [BEIJING] Beijing's eye-catching main Olympic stadium, better known as the Bird's Nest, will open for business for the first time today when it hosts a world-class athletics event. The 3.5-billion-yuan (***** million) arena will be the centrepiece ofthe Beijing Games, staging the opening
      -AFP; REUTERS  -  385 words
    • Article
      Lock icon China summons CNN's Beijing chief over remarks
      362 11 -AP [BEIJING] China's Foreign Ministry has summoned CNN's bureau chief in Beijing to protest over remarks by a commentator on one of the news network's shows. The demand came amid rising accusations against foreign media over allegedly biased coverage of violent anti-government protests
      -AP  -  362 words
    • Article
      Lock icon India seeks to foil Olympic torch protest in capital
      337 11 Bloomberg [NEW DELHI] India shortened the Olympic torch relay route and secured the heart of the capital, New Delhi, to foil anti-China protests by exiled Tibetans that have threatened to sour relations between the neighbours. About 30 protesters carrying banners and
      Bloomberg  -  337 words
  • Page 11 Advertisements
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      2985 11 IN THE MATTER OF IN THE MATTER OF I I IN THE MATTER OF THE IN THE MATTER OF THE IN THE MATTER OF IN THE MATTER OF THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT (CAP 50. INTHEMAmHOF COMPANIES ACT CAP 50 COMPANIES ACT, CAP. 50 THE COMPANIES ACT,
      2,985 words
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  • INDIA
    • Article, Illustration
      Lock icon Social website MySpace launches India service
      423 12 -AFP MySpace India boasts partnership with India's largest TV network [SAN FRANCISCO] MySpace officially launched in India yesterday as the world's most popular social networking website strives to fend off fast-grow-ing rival Facebook in the international arena. MySpace India is an online community tailored
      -AFP; AFP  -  423 words
    • Article
      Lock icon Biggest India pension fund invites manager bids
      182 12 Reuters [NEW DELHI] India's largest pension fund yesterday invited bids from fund managers to manage its flagship scheme, with a corpus of more than 1.56 trillion rupees (Sss3 billion), an advertisement in the Times of India newspaper said. The government-run Employees' Provident Fund
      Reuters  -  182 words
    • Article
      Lock icon Inflation falls from 3-yr peaks
      303 12 -Reuters [NEW DELHI] Indian inflation fell from three-year peaks in early April, but many analysts expect it to hold up above 7 per cent in coming weeks, and persisting pressures could prompt the central bank to tighten cash conditions. The wholesale price index rose 7.14
      -Reuters  -  303 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      8287 12 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.91/ Star Europe Bond 1.206/ Star Europe Bal 1.158/ Star Asian Tiger Eqty 1.359/ Star Asia Bond 1.173/ Star Asia Balanced 0.956/ Star Global Technology Fund!** 0.188/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.863/ Gib Multi St USD
      8,287 words
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  • MIDDLE EAST
    • Article
      Lock icon Dubai to launch first Mid-East gold exchange traded fund in H2 '08
      332 13 Reuters World Gold Council says Saudi Arabia will be next to list gold ETFs [DUBAI] Dubai, the Middle East's gold trade hub, will see the launch of the region's first gold exchange traded fund (ETF) in the second
      – Reuters  -  332 words
    • Article
      Lock icon Abu Dhabi starts WSJ rival
      249 13 Bloomberg, AFP [ABU DHABI] Abu Dhabi is promising a newspaper comparable to the Wall Street Journal with the emirate's new English-lan-guage daily that hit the streets yesterday. The National has experienced international journalists and backing from the owner of the world's largest sovereign wealth fund.
      Bloomberg,; AFP  -  249 words
  • Page 13 Advertisements
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      Lock icon Page 13 Advertisements Column 1
      463 13 Exclusive Secretaries' Week B^ Treats rj.r jSMP If*"C ftx-too .typiii gj\j^jo BIIIttP^^P EHfi___ffl9WHP^V^ ma^mmm^^^' Epicurean Buffet Lunch at $53+ ■^W///||||tt\VlWv ■L_L^^^^^i^^^^J^^^y^^^Mk^^|_^^W __l^___________________________i___ii_i ------i m-M E ___-Wm^r-lW«ls_i»llfflwiiis_B_'_nWm^ |By^P^^^BHpV^R?^^^_^_p!_P?| _-__BH-_HHJ_BMI-HM4HM-i-H_H _-_-i_---l VWm^mmwmakrKmmttfmw^ MSI iVl_-M_-l II HI HI 021 id&s}_tfl---L i3£Q S*l^J£3^sEql ft^iVil mMm*j_\ |VfP^vnPHR^Pi99R ■|______,J mM —^Jlj^»^jjll'^g-^KW*lKtjjWVf*KJ+2^ SWisSOtel THE STAMFORD k, I.W.SJJJM
      463 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Japan draws flak for foiling UK fund's bid to up J-Power stake
      625 14  -  ANTHONY ROWLEY G-8 business chiefs urge Tokyo to adopt transparent rules on foreign investments By in Tokyo THE Japanese government was criticised last night for blocking a UK-based hedge fund's move to up its stake in one of
      BLOOMBERG  -  625 words
    • Article
      Lock icon Acer, Lenovo gain global market share in PC sales
      448 14 Bloomberg Reuters, 1 [HONG KONG] Acer and Lenovo Group, Asia's two biggest personal computer makers, surged to the highest in at least three months after research reports showed the two companies have gained market share. Brisk growth in emerging markets offset
      Bloomberg; Reuters, 1  -  448 words
    • Article, Illustration
      Lock icon Samsung's chairman charged for tax evasion
      621 14 Bloomberg [SEOUL] Samsung Group chairman Lee Kun Hee will stand trial for tax evasion and breach of duty, prosecutors said, after a three-month probe into allegations of corruption at South Korea's largest industrial group. Lee, 66, was charged with evading 112.8 billion won (*****.8
      Bloomberg  -  621 words
    • Article
      Lock icon eBay making changes to boost core business
      433 14 NYT [SAN FRANCISCO] More changes are coming to eßay and John Donahoe, the new boss, is girding for the repercussions. Mr Donahoe, who has been running the company since his appointment to the top spot was announced in January, wants the Internet's largest
      NYT  -  433 words
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      1218 14 I II 1| In the Matter of INTHEMATTEROF INTHEMATTEROF INTHEMATTEROF TheCom P aniesA.t,Ca P 5O the companies Aa, cap. so THE COMPANIES ACT, CHAPTER 50 THE COMPANIES ACT, CHAPTER 50 mtheMatterof intheZherof Aun AND ay newco pte. Ltd. ANU IM THE MATTED nC (CO. REG. NO. _*****46_R) HARVEY HUBBELL S.E.
      1,218 words
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  • WORLD
    • Article
      Lock icon Wall St surges after upbeat earnings reports
      587 15 Bloomberg AP, I JPMorgan, Intel and Coca-Cola all top Q1 projections, boosting sentiment [NEW YORK] Strong quarterly earnings from Dow Jones industrials have raised investors' hopes that companies and the economy are indeed recovering from the protracted global credit crisis. A market anxious
      Bloomberg; AP, I  -  587 words
    • Article
      Lock icon IBM Q1 profit jumps 26% to US$2.32b
      480 15 -NYT Strong showing surpasses Wall Street's estimates [NEW YORK] IBM reported strong first-quarter profits on Wednesday that easily surpassed Wall Street's estimates, as its reach across global markets and its healthy services and software businesses left it unscathed so far by the weakness
      -NYT  -  480 words
    • Article, Illustration
      Lock icon Patience wearing thin after GE's earnings shortfall
      666 15 NYT [NEW YORK] For seven lean years, Wall Street has given General Electric (GE) and its chief executive, Jeffrey R Immelt, the benefit of the doubt. Even as shares of this quintessential blue chip languished, analysts and investors acknowledged the challenge of running
      NYT; AP  -  666 words
    • Article
      Lock icon US senator presses for plans to curb oil speculators
      497 15 Bloomberg [NEW YORK] As oil prices set another record, a top US senator has asked federal regulators how they plan to curb speculation in the oil market to ward off potential higher prices caused by speculative activity. Senator Maria Cantwell said
      Bloomberg  -  497 words
    • Article, Illustration
      Lock icon DINING OUT IN A CLASSY NEW SETTING
      73 15 -AFP [OSLO] Interior of the restaurant in the new opera house in Oslo. The opera house is designed by Shoehetta, the same architects who designed the new Alexandria Library in Egypt and the Serpentine Gallery Pavillion in Hyde Park in London. The construction
      -AFP; AFP  -  73 words
    • Article
      Lock icon Bush sets 2025 goal for halting emissions growth
      455 15 Bloomberg Democrats, green groups criticise plan as falling short [WASHINGTON] President George W Bush on Wednesday set a goal for the US to stop the growth of green-house-gas emissions by 2025, as he tries to head off more stringent measures from Congress
      Bloomberg  -  455 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Political uncertainty in Malaysia
      495 16 IN a stinging editorial published on its front page on Wednesday, Malaysia's New Straits Times urged Umno, the dominant partner in the ruling coalition, to stop its interminable blame game and get down to the hard business of governance. The paper noted that "every other day,
      495 words
    • Article, Illustration
      Lock icon Lost opportunities caused by Iraq war
      1018 16  -  LEON HADAR The rising war expenditure and its impact on the US economy is coming under scrutiny G ROVER Norquist, who heads the Americans for Tax Reform organisation, is an influential Washington activist who promotes the agenda of fiscal conservatives. These folks believe that
      AP  -  1,018 words
    • Article, Illustration
      Lock icon ECB economic reasoning and policy way off beam
      795 16  -  NEIL BEHRMANN THE BOTTOM LINE ASIAN investors who are still buying euros near record heights, beware. The European economy is in the danger zone, despite the sanguine noises from the continent's finance ministers and central bankers. The focus may well switch from
      795 words
    • Article, Illustration
      Lock icon Sub-prime crisis not over yet
      1488 17  -  SURESH MENON HOWARD Davies, the director of the London School of Economics (LSE), has served the global financial community in various ways. He was the deputy governor ofthe Bank of England, chairman ofthe UK's Financial Services Authority, director general ofthe Confederation of British Industry and
      BLOOMBERG  -  1,488 words
    • Article, Illustration
      Lock icon Something's the matter with race relations in the US
      844 17  -  ROGER COHEN By I WAS wandering through the Martin Luther King Center in Atlanta when I stumbled on a movie clip of an indignant black woman saying: "If we can't live in our country and be accepted as free citizens and
      AP  -  844 words
    • LETTERS TO THE EDITOR
      • Letter
        Lock icon Regulator should intervene for markets good
        385 17  -  Tan Lye Huat I REFER to "Clarifications that obfuscate" by Mak Yuen Teen (BT, April 15). I applaud the two independent directors of Swissco, Chiang Hai Ding and Rohan Kamis, for truly living up to their role by displaying independent character and judgement, and
        385 words
      • Letter
        Lock icon Better not to have independent directors in some cases
        187 17  -  Robert A Stone I ALWAYS appreciate Mak Yuen Teen's articles as he invariably highlights issues that, as an investor, I relate to. There are many listed companies on the SGX which are controlled by founders or majority shareholders. The problems he
        187 words
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  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon American Airlines parent posts Q1 loss on fuel costs
      796 18 AP AMR Corp loses USs32Bm and warns spending will rise for rest of the year [DALLAS] Whipsawed by high fuel costs and bad weather, American Airlines' parent company lost US$32B million in the first quarter and then things really turned ugly.
      AP; mJzzi AP  -  796 words
    • Article
      Lock icon US Airways to levy 'choice seat' fee
      120 18 -AP [TEMPE, Arizona] US Airways will begin charging passengers extra for an aisle or window seat on some of its planes. President Scott Kirby told employees on Wednesday that the carrier needs to find ways to offset high fuel costs that are plaguing
      -AP  -  120 words
    • Article
      Lock icon US boosts payments for bumped flyers
      527 18 Bloomberg [WASHINGTON] Airline passengers will get doubled payments for being involuntarily bumped from flights and carriers would be forced to buy some landing rights at New York's LaGuardia airport, under US rules announced on Wednesday. The penalties for airlines' shuffling of travellers will rise
      Bloomberg  -  527 words
    • Article
      Lock icon 11 ships blocked by Nantes strike
      333 18 Reuters [PARIS] A 24-hour strike at the French port of Nantes Saint-Nazaire blocked 11 ships yesterday while action at the oil port of Fos-Lavera was expected to disrupt traffic from around 1800 GMT for several hours. The strikes in both ports come after France's
      Reuters  -  333 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        103 18 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWT Ltd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KlVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Man Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.61 0.36 2.98 0.81 2.20 1.10 0.07
        103 words
      • Article
        Lock icon KLSE
        38 18 '000 nt'G Logistics MISC Bhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 0.83 8.80 8.70 4.40 3.30 0.23 0.14 0.03 -0.15 -0.05 0.02 0.02 0.03 unch 60) 15( 2871 108) 34( 7( 5(
        38 words
      • Article
        Lock icon BANGKOK
        12 18 '00 'recious Ship Regional Cont 24.20 24.00 0.70 0.20 2821 247
        12 words
      • Article
        Lock icon HONGKONG
        6 18 '000 toil 41.35 0.10 132:
        6 words
      • Article
        Lock icon PHILIPPINES
        17 18 '000 Aboitiz Equity ntl Container Keppel Marine 6.80 32.00 2.50 0.20 0.50 unch 1432 227 891
        17 words
      • Article
        Lock icon TAIPEI
        22 18 1PL Evergreen Marine ...30.00 :irst Steamship 78.60 /Van Hai Lines 28.00 fang Ming Marine...24.30 -1.30 0.40 -0.65 -0.70 4} li 1!
        22 words
      • Article
        Lock icon TOKYO
        39 18 '000 (awasaki Hvy Ind ..246.00 14.00 ***** (awasaki Kisen 998.00 38.00 564( Mitsubishi Hvy 459.00 11.00 ***** vlitsui Eng&Sbldg...329.00 14.00 3183! vlitsui Osk Lines ...1293.00 29.00 6911 Mippon Express 586.00 5.00 23V MipponYusen 962.00 26.00 592! iource: Reuters
        39 words
    • Article
      Lock icon 2 chaebols join fray for Daewoo Shipbuilding stake
      401 18 Bloomberg [HONG KONG] GS and Hanwha, two of South Korea's largest business groups, joined steel maker Posco in a bid to acquire 50.4 per cent of Daewoo Shipbuilding Marine Engineering Co in what would be the industry's biggest sale. The groups, or
      Bloomberg  -  401 words
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      Lock icon Page 18 Advertisements Column 1
      186 18 Hp|^gPP^l£fleiaKi»^- ■■■-■■■>■■<■ "^^l^mH IT GLORY SHIP MANAGEMENT PTE LTD 1 We invite suitably qualified and experienced personnel for the following appointments I Working experience in Tanker Operations, supervision of loading/discharging, safety audit, etc. I Knowledge of Charter Parties, laytime calculations and ability to independently liaise with Charterers, Agents, Terminals and
      186 words
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      Lock icon Page 18 Advertisements Column 2
      44 18 Ammm PERKINS SHIPPING (SINGAPORE) PTE LTD is pleased to announce the opening of their office at: 70 Anson Road, #15-02 Apex Tower, Singapore *****5 Tel: +65-*****733. Fax: +65-*****380 \SSiKINS_r "Local Knowledge. Clobui Conflict ions-" For further enquiries, please contact Capt R. Chada at +65-*****733
      44 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8325 19 Transaction date: Apr 17 High !-wks Tel Low Code Company Sale ('000) High ■ow Buyer Seller C'vr P/E $mil 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABFSGBondETF 30 12 1938 AEICorp 25.5 7.5 1100 AEM 42 19.5 2101 APOil 141 54.5
      8,325 words
    • Article
      Lock icon SGX XTRANET
      69 19 JI_ Low Code Comi Sale COOO) JI_ Low Bui Seller C'vr P/E imil 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 398.3 288 6009 STI ETF 3977.9 3013.7 6010 STI ETF
      69 words
    • Article
      Lock icon SGX CATALIST
      1968 19 Hii Low Code Comi Sale C0001 Hii Low Bu1 Seller C'vr P/E >mil 30 11.5 1181 s AAGrp 41.5 16 5000 s ABR Hldgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5 7814
      1,968 words
    • Article
      Lock icon CLOB INTERNATIONAL
      216 19 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
      216 words
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      36 19 k A /^fmrnWrn NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED \B B ,gB 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com
      36 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      360 20 %dy %yr dy yr dy yr Index Change Change Change Change Change Change tr 16 World Index Preliminan 1023.8 1.5 -9.5 1.4 -12.3 1.9 -6.6 EAFE Preliminai 982.9 1.7 -12.3 1.8 -11.9 2.4 -6.1 Euro[ Preliminan 1368.2 1.9 -11.3 2.2 -11.5 2.7 -5.7 Pacific 821.6
      360 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      128 20 As at 9am Apr 17 Singapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 1.2600 1.2750 .an dollar 1.3410 1.3580 iuro 2.1420 2.1660 IZ dollar 1.0590 1.0830 iterlini 2.6500 2.6800 JS dollar 1.3440 1.3600 .ocal dollars to 100 units if foreign currency:
      128 words
    • Article
      Lock icon INTERBANK RATES
      155 20 Apr 17 Overnight 5/16 1 -month 15/16 2-months 1 1/8 3-months 1 1/4 Overnight mode: 7/16 US$ Offer 3/16 13/16 1 1 1/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.80 2.85 2.90 2.90 2.90 2.97 3.00 Offer 2.70
      155 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 20 Apr 17 ten. STI IIMSCI 387.2 390.9 388.7 "aiwan A| 352.7 352.8 349.7 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 20 Apr 17 S$ Bid Offer 1-month 1.3476 1.3489 2-months 1.3456 1.3471 3-months 1.3445 1.346 6-months 1.3408 1.3425 Source: OCBC
      22 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      154 20 Apr 17 ftnainet lIQ< lurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.2673 1.2691 0.9387 0.9392 Canadian dollar 1.3493 1.3509 0.9994 0.9997 luro 2.1557 2.1579 1.5967 1.5969 IZ dollar 1.0704 1.0721 0.7928 0.7934 iterlini 2.6654 2.6681 1.9742 1.9745 IS dollar 1.3501
      154 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      349 20 Apr 17 URODOLLAR FUTURES un08 iep08 Dec08 Vlar09 97.235 97.345 97.225 97.195 0 0 0 0 ***** ***** ***** ***** EUROYEN FUTURES Iun08 99.165 99.165 iep08 99.190 99.195 Dec08 99.225 99.225 Vlar09 99.250 99.250 Iun09 99.215 99.215 iep09 Dec09 Vlar10 99.160 99.190 99.200A 99.210 99.190A 99.150A 99.105A
      349 words
    • Article
      Lock icon SICOM FUTURES
      294 20 Apr 17 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 08 390.25 388.25 384.50 384.50 382.75 382.75 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open
      294 words
    • Article
      Lock icon CHICAGO BOT
      103 20 Apr 16 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 08 1344.75 1380.00 1391.00 1336.00 Jul 08 1361.00 1397.00 1408.00 1351.00 Aug 08 1350.00 1385.00 1393.00 1347.00 Sep 08 1315.00 1349.00 1326.00 1313.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 61.53 62.52 62.55 61.00
      103 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 20 CRUDE OIL PRODUCTS Apr 16 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1 -Mth F) 111.8 0.52 WTI (Near Mth) 114.84 1.04 Dubai (1-Mth F) 104.98 1.63 Tapis blend 118.2 1.5 Minas 109.9 1.5 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 102.50 141.90 1.80 3.8 USS/barrel Opec
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      466 20 Apr 17 AS CS Rmb Euro HKS IndRsRi Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.939 6.558 0.588 7.316 37.506 86.351 0.956 9.321 2.958 1.184 59.769 39.337 1.268 7.420 0.936 28.400 29.504 0.476 0.939 Canada 1.065 6.982 0.626 7.789
      466 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 20 Apr 17 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 0.82 0.86 0.80 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
      89 words
    • Article
      Lock icon SIBOR
      77 20 Apr 17 (US$) (SS) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 0.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths
      77 words
    • Article
      Lock icon PALM OIL
      62 20 Apr 17 Delivery Month Opening Sett Av Range Price Price Hii Vol Open Done Position Low May 08 3663 Jun 08 3646 Jul 08 3650 Aug 08 3671 Total o/p: ***** contracts 3625 3682 3638 205 2357 3627 3695 3623 1903 ***** 3632 3700 3624 8387 ***** 3632
      62 words
    • Article
      Lock icon PRECIOUS METALS
      140 20 Apr 17 GOLD (USS/oz) Apr 16 Apr 17 Hong Kong London 930.30 947.70 931.30 948.70 Apr 16 Apr 15 947.10 927.30 947.80 928.30 Source: Reuters CAST BAR M) Apr 17 Buying Sellini Kilobar "44,092.56" ***** PAMP GOLD BARS (S$) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1
      140 words
    • Article
      Lock icon LONDON METALS
      67 20 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 3019.80 2950.00 3 months 3069.00 2999.00 Copper, Grade A (USS/tonne) Cash 3 months 8836.00 8720.00 8550.00 8430.00 Lead (USS/tonne) Cash 2855.00 3 months 2865.50 2832.00 2840.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.00 *****.00 3
      67 words
    • Article
      Lock icon LIFFE
      81 20 Apr 16 (£/tonne) Close Prev Hii ih/Low May 08 1430 1409 1442/1414 Jul 08 1462 1439 1471/1444 Sep 08 1379 1358 1388/1367 Dec 08 1344 1329 1351/1336 COFFEE (USS/tonne) Close Pev High/Low May 08 2299 2295 2315/2279 Jul 08 2334 2328 2350/2305 Sep 08 2337 2328 2350/2308 Nov 08
      81 words
    • Article
      Lock icon BONDS & WARRANTS
      2100 20 BONDS WARRANTS rei lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left >036 Advance SCT Ltd W*****9 4 -0.5 30 1 87 198 7.63 28 5092 Asia Environment W*****4 17.5 1 31 1 38 11 2.86 16 S816# Asiasons Capital Ltd
      2,100 words
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  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      1620 21 mm The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPOTBN RTM/ANR/TIL STXPOTBN CDN/NFK/SAV/NOL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination PAN DYNAMIC DBI/ABU/BRN/DOH/DMM/KWT RED RIVER INC/BSN BK ACE DBI/ABU/BRN/DOH/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia, Indonesia
      1,620 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon DETERMINEDLY CONTEMPORARY
      1430 24 This year's line-up which has seven new commissions reinforces the Singapore Arts Festival's identity as a festival known to take risks with new work, says PARVATHTTjAYAR-^H IF YOU were to use the 5 Cs to describe the annual upcoming Singapore Arts Festival (SAF) 2008, the terms in play
      PHOTOS: EDOUARD LOCK, CHOI YOUNGMO  -  1,430 words
    • CINEMA/MUSIC
      • Article, Illustration
        Lock icon A battle of wills and repartee
        521 25  -  GEOFFREY EU By THIRTY-SIX years is a long time between remakes, and the new version of Sleuth, which is based on the 1972 movie adaptation of a play by Anthony Shaffer, targets a different audience altogether a new generation of high-tech and cyber savvy
        521 words
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        Lock icon Not staying Awake at night
        616 25 Despite a great premise, the director fails to pull off the film, no thanks to some poor dialogue and weakly plotted structure, says PARVATHI NAYAR ROBIN Cook set the pace for medical thrillers with books such as Coma, which was translated into celluloid in 1978,
        616 words
      • CD REVIEW
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          Lock icon Some ageing vocals and a stunning debut
          473 25  -  BEN MUNROE Shine a Light Rolling Stones Polydor/Universal C Rockferry Duffy Polydor/Universal A By I CURRENT voluminous coverage of Martin Scorsese's new Rolling Stones concert movie Shine a Light seems to run like this: the Stones look craggy and old, defy their age
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        • Article
          Lock icon Have a Nice Day with Stereophonies
          446 25  -  CHRISTOPHER LIM By SOMETIMES, size matters, and not just when it comes to anatomy. Small labels and independent artist releases are great for maintaining artistic control, but sometimes less wonderful when it comes to funds for concert touring. Stereophonies bassist Richard Jones says that
          446 words
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        Lock icon Adaptation fumbles around in the dark
        481 25  -  PARVATHI NAYAR DVD By DARK versus Light and in this case, literally a prepubescent hero, gratuitous special effects, complicated tasks with simplistic resolutions: this is the tried, tested and trite pastiche that makes up David L Cunningham's The Seeker: The Dark is Rising. The
        481 words
    • EPICURE
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        Lock icon This candy man certainly can
        1019 26 Many of Pierre Hermes creations, such as a foie gras creme brulee, stretch the limits of one's imagination, says JAIME EE IF THEY gave out Michelin stars for dessert, Pierre Herme would have collected three or more by now. But who needs an official accolade
        JOHN HENG  -  1,019 words
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        Lock icon A sampling of culinary creativity
        1232 26  -  GEOFFREY EU, CHEAH UI-HOON JAIME EE WORLD GOURMET SUMMIT By and Chui Lee Luk April 14 at Mandarin Oriental Hotel Chui Lee Luk, the fourth-generation chef/owner, so to speak, of the Sydney dining institution Claude's, gave diners a glimpse of her culinary prowess at a
        1,232 words
    • CLIPPER ROUND THE WORLD RACE
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        1106 27 With its Race 8 win, it's only a matter of time for Uniquely Singapore to move up the overall leader board, reports VINCENT WEE AFTER nearly two weeks and just over 2,000 miles, gut feel is what it came down to in the end for the Uniquely Singapore
        CUPPER VENTURES  -  1,106 words
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        Lock icon Believing in ourselves led us to victory: Keppelites
        582 27 FOR Singaporeans and Keppelites Koh Kok Siong and Lawrence Chan, there was no better expression of their pride and joy at winning than joining the other Singaporeans on the bright red boat representing the nation and singing the national anthem at the
        582 words
    • ARTS/BOOKS
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        Lock icon Hooking readers to crime thrillers
        1061 28 Orion and Pansing give away first chapters of latest novels by four top authors, says PARVATHI NAYAR CRIME is getting a real boost in Singapore this month. Well, literary crime, to be exact, thanks to an innovative campaign titled "There is No Escape", masterminded by
        1,061 words
      • Article
        Lock icon Peranakan Museum gets refreshing lift
        436 28  -  JOANNE CHIEW By CONCEIVED and developed by the Asian Civilisations Museum (ACM), it is slated to be opened on April 26 by Prime Minister Lee Hsien Loong. PM Lee also opened the Asian Civilisations Museum when it was launched in 1997. Coincidentally, the new Peranakan
        436 words
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        Lock icon Promising but let down by predictable plot
        620 28  -  KATHERINE PENALOZA Cathedral of the Sea By Ildefonso Falcones Dutton International Edition (A Penguin imprint) Pages: 611 pages Price: Ss2B w/o GST By I HAVE a confession to make. I so enjoyed The Da Vinci Code that I immediately devoured all of Dan
        620 words
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        Lock icon An experiment in transcending boundaries
        541 28  -  JOANNE CHIEW By J CROSSROADS is a reinterpretation and reworking of the traditional Bharatanatyam dance form, moving through the themes of love, separation, yearning, meetings and partings as an eternal journey. First performed in 2003, it was conceived and choreographed by Nirmala Seshadri and Neewin
        541 words
    • PURSUITS
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        Lock icon The very best of Spanish wines
        1349 29 N X YONG samples wines from three of the most famous Spanish wineries at a recent event staged by the World Gourmet Summit WINE LAST weekend's Spanish Wine and Food Festival staged by the World Gourmet Summit was extraordinarily special the three most famous
        1,349 words
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        Lock icon Simulacra and simulation: The Sims are back!
        777 29  -  CHRISTOPHER LIM GAMING By EIGHT years ago, the idea of a computer game that allowed you to take a break from real life by playing a simulated virtual life might have seemed a little strange, or even pointless. After all, why wouldn't you
        ELECTRONIC ARTS  -  777 words
      • Article
        Lock icon Party the night away at Zouk, Attica bashes
        547 29  -  CHRISTOPHER LIM NIGHT OUT By TEA dances better known as afternoon dance time for singles on the prowl were all the rage 17 years ago. Veteran dance club Zouk even hosted some before its official opening to gauge the public's response to
        547 words
  • Page 24 Miscellaneous
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      361 25 CRYPTIC CROSSWORD ACROSS 1 Essay about old play (7) n [2 I [3 I |4 I mW' _____F ____F ____F 9 Electioneer? (8) 10 Without energy offering to |M| _M_l ||M| H remove vulture (7) m -H -H 11 Small payment for needle- Z WM jH tm wU woman? (3-5)
      361 words
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      44 26 _----------------------------------------------------------------------------------------------------H^-----------E -----------I Me*^ v V^ I^H_L^-_vfl Boil Ife^-^ %fe ""^H m* W*m wffk Mw_f JP A ______L%_^ ___fl _X: _J^' :^-__Bi^^^ mrmm m-vm mVmm1 ______^____l W^mm W^m /A=DIACORP /M=diaCorp UNIQUELY Viz Pro Hi liETI.. Rm»Vk |_L L J n J_n i MjjjjJl W__B visitsinqapore.com
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      81 27 6%J\ Z^ r% fIAM. .™m»-i _^_m m^_ \Jvf\v^ m^ vZ T _Za^-_-_-l ___kvl^^^B Ptv(v_Oi2_____™___! _W_^_KJu_t_^f_^_S mp V _l ---Tillr ii*! 11 _-'i'_l _M MI L^i'i*_l' I^l fc-V_T 11-111 Iti 11 L^V- i\i 11VJ 11 fi _ii __3 B IIT-lH m^^-^-:\m _E WLm^mmm\^m*^C\m\ ___l H V. w" __^^^^^^B Ipw^y-SiSw-jf^^B v j^^^i^H
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      65 27 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by ■n^'i'Mi THE BUSINESS TIMES Business Times journalist Vincent Wee, who did a circumnavigation on Uniquely Singapore Clipper in the 2005-2006 race and reported from onboard the boat in the first
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      581 28 artBEAT Fine romance "i^^p HJ| J^^^^^^^^t^M' scan, dalous' r™ce°and 1 -fll I each and every love over the Tl^pS' °aintoT" his viewers to ~7 Cltj rl? t!l e guess at the mischief in the minds of his Western masters Chagall and Matisse as lady subiects inspiration, Nief redefines the aesthetic
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      339 30 The LewekTrogon is an 88-metre, 18,000-bhp Anchor jHI B__l _4-Z'f7~ Handling Tug Supply Vessel with advanced capabilities, \m\wmmwm "mm ,mmimi Mmtn including Dynamic Positioning. In addition, it is equipped <^» L '^fc^^ to handle emergency firefighting and rescue operations. t- Jin mm n < J& ir--l. Z^^s_ n i.^^F--'^'" Hj
      339 words