The Business Times, 19 April 2008

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Total Pages: 22
1 22 The Business Times
  • 19 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007
    19 words
  • 961 1  -  RAHUL PATHAK Stakes are high for organisers, sponsors of Europe's biggest sporting event By in Nyon, Switzerland THE man charged with organising one of the richest sporting events in the world slumps into his chair at the Uefa headquarters in Switzerland, rolls his
    I AP; REUTERS  -  961 words
  • 860 1  -  ANNA TEO By Widely-watched purchasing index now seems to be out of step with swings in manufacturing [SINGAPORE] It is widely followed as a leading indicator of the domestic manufacturing economy, but the Singapore purchasing managers' index (PMI) appears of late
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 31 1 f^^-m^^^ yj^i MOTORING FOOD RAFFLES \w^_ is^.^^^^^^ Reinventing A mushrooming CONVERSATION f&ss]^^ the Fiat 500 of F&B clusters 1 Turning around 7-a rage 17 page 22 Malaysia Airlines page 3 r,
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 45 2 THE Jade Technologies saga has taken a new twist, with the abrupt resignation of chairman Brian Beazer over disagreements with the rest of the board on the future direction of the company. COMPANY NEWS, PAGE 4
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      • 60 2 SINGAPORE Exchange yesterday established a permanent presence in China with its first overseas representative office in Beijing. "With the opening of this office, SGX will be able to widen and deepen the harmonious and productive relationship with the Chinese authorities and businesses," SGX
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      • 59 2 GUOCOLAND Ltd has reported a net profit of $2.6 million for the quarter ended March. This represents a decrease of 93 per cent compared to the corresponding period a year ago. Revenue also decreased by 27 per cent to $104 million compared to
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      • 56 2 ASCENDAS Real Estate Investment Trust has reported gross revenue of $322 million for the full year ended March 31, 2008 an increase of 13.9 per cent over the previous year. Net property income for the year was $243 million, up 15.8 per cent year
        56 words
      • 44 2 COMPANIES are starting to realise that diversity in the workplace can be a competitive advantage one that helps shore up the bottom line by tapping a wider talent pool and retaining top notch employees. SINGAPORE NEWS, PAGE 6
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      • 62 2 BURSA Malaysia, the nation's stock exchange manager, reported its first quarterly profit drop in two years as trading volumes fell on concern the global economy is slowing and heightened domestic political tension. Net income fell 40 per cent to RM42.1 million in
        62 words
      • 37 2 INDONESIA could raise subsidised oil prices to relieve pressure on government finances if needed, Vice-President Jusuf Kalla said yesterday, and a decision would be made by July. INDONESIA, PAGE 10
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      • 69 2 CHINA has imposed further curbs on visitors, just weeks after it stopped issuing multiple-entry visas, Hong Kong travel agents said yesterday. Visitors from around 30 countries including Thailand, the Philippines and Indonesia were no longer allowed to apply for visas
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      • 58 2 THE world's leading cricketers will put aside national allegiances for six weeks from now as the Indian Premier League Twenty2o competition starts a new era where teams are owned by billionaires and businesses. The 59-game event has attracted about US$2 billion in franchise
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      • 61 2 JAPANESE consumer confidence hit a five-year low while the Bank of Japan cut its economic view for almost all of the country, in the latest signs of trouble for the world's No 2 economy. But new Bank of Japan governor Masaaki Shirakawa maintained yesterday
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      • 74 2 LEGENDARY Texas oil man T Boone Pickens has gone green with a plan to spend US$lO billion to build the world's biggest wind farm. But he's not doing it purely out of generosity he expects to turn a buck. Next month, Mr
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    • 560 2 Loss is lower than the most pessimistic estimates, sending shares higher [NEW YORK] Citigroup Inc posted a US$5.ll billion loss, less than analysts' most pessimistic estimates, and said it will cut 9,000 jobs sending its shares up as much
      BLOOMBERG  -  560 words
    • 442 2  -  CHOW PENN NEE By [SINGAPORE] The exodus continues at DBS Bank, with the bank losing yet another senior executive who is a member of its management committee, sources told BT. David Lav, who is managing director and joint Head of global financial markets at DBS
      442 words
    • MARKETS DIGEST
      • 44 2 KLCOMP 1,267.65 +11.11 NIKKEI 225 13,476.45 +78.15 HANG SENG 24,197.78 -61.18 SET INDEX 845.40 -0.03 JAKARTA COMP 2,349.27 +7.49 MANILA COMP 2,915.67 -24.81 SEOUL COMP 1,771.90 +3.23 SHENZHEN B 506.13 -15.52 MUMBAI IND Closed 11.45AM EDT Change 12,828.11 +207.62 DOW NASDAQ 2,399.52 +57.69
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      • 28 2 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONGKONG 5.25 INDONESIA 15.861 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.25 CANADA 5.25 SWITZERLAND 3.75 INDIA 12.25 Source:
        Bloomberg  -  28 words
      • 40 2 IS$ (S$ )er US$) 1.351 (US$/S$ per 1.998 2.69I ;URO (US$/S$/E) 1.596 2.155 'EN 102.50 75.9I 3.141 2.32 N<$ 7.793 5.76! !AHT 31.43 23.27 CUPIAH 9,190 6,803 IENMINBI 6.996 5.17! INDIAN RUPEE 39.81 29.47 1.065 0.78! IZ$ 1.262 0.93.
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  • Page 2 Advertisements
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    • 24 2 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES H
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  • Page 2 Miscellaneous

  • THE RAFFLES CONVERSATION
    • 2046 3 MD Idris Jala tells S JAYASANKARAN how he reversed the M'sian national carrier's fortunes and what's in store for the future IT WAS something like six in the morning of Dec 1, 2005 when Idris Jala walked into the managing director's office in national
      2,046 words
    • 452 3 IDRIS JALA grew up in Bario, a remote hamlet deep in the interior of Sarawak, which he describes as "cool and lovely". At 4,500 feet above sea level, it is accessible by air but remains unconnected by road. As a boy, Mr Idris remembers going with
      452 words
    • 97 3 Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the world's top hotel brands in the 2006 Conde Nast Traveler Business Travel Awards, Raffles Hotels Resorts is a collection of luxury hotels that distinguishes itself through the highest
      97 words

  • COMPANY NEWS
    • 534 4  -  CHEW XIANG He had differences with other board members on future strategy of company By THE Jade Technologies saga has taken a new twist with its chairman Brian Beazer resigning abruptly over disagreements with the rest of the board on
      534 words
    • COMPANY BRIEFS
      • 85 4 Reuters SHARES of food and beverage firm Super Coffeemix yesterday surged 26.7 per cent to close at $1.02 each on volume of 9.4 million units. The shares also jumped 20 per cent on Thursday, prompting queries from the Singapore Exchange. The company replied
        Reuters  -  85 words
      • 65 4 SNP Corp said that it has been informed that Green Dot Capital (Private) Ltd, which owns some 54 per cent of the company, is evaluating options with respect to its stake in SNP. It cautioned that there is no assurance that any
        65 words
    • 569 4  -  LYNETTE KHOO TO tune in better to the Chinese capital market, Chinese investors and the fund-raising needs of Chinese firms, Singapore Exchange (SGX) yesterday established a permanent presence in China with its first overseas representative office in Beijing. "With the opening of
      569 words
    • 578 4 Spore offers good value proposition, says SGX official THERE is still a strong pipeline of initial public offerings of Chinese companies coming to list on the Singapore Exchange (SGX) despite the recent market slump. "We continue to see applications coming in, so I
      578 words
    • 265 4  -  EMILYN YAP By THE Singapore Exchange main board's latest entrant, China Zaino, started trading on a discouraging note yesterday as its shares tumbled below the 60-cent offer price on the first day. The backpack producer's stock went underwater as soon as trading began.
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    • 593 4  -  R SIVANITHY STOCKS IF you're going to be invested during this period, then it's best to stick to the index because it gives you the best chance of making money. This is the single most glaring theme apparent from this week's trading because if
      593 words
    • 452 5  -  ARTHUR SIM Sharp drop due to lower contribution from projects in Singapore, China By GUOCOLAND Ltd yesterday reported a 93 per cent plunge in third-quarter net profit to $2.6 million for the quarter ended March 31, down from $34.4 million a year ago.
      452 words
    • 464 5  -  ARTHUR SIM By ASCENDAS Real Estate Investment Trust (A-Reit) has reported gross revenue of $322 million for the full year ended March 31, 2008 an increase of 13.9 per cent over the previous year. Net property income for the year came to
      464 words
    • 429 5  -  SIOW LI SEN By STRUGGLING to stem its market share decline, Mobile One yesterday posted a first-quarter net profit of $38 million, 23.5 per cent down due to a tax adjustment. Ml, the smallest of the three listed telcos here, said that pre-tax
      429 words
    • 234 5  -  VINCENT WEE By BH Global continues to ride the offshore marine industry boom in the first quarter, lifting profit $968,000 or 24 per cent quarter-on-quarter to $5 million. Revenue jumped 21 per cent to $24.5 million, from $20.2 million previously, due
      234 words
  • Page 4 Advertisements
    • 1661 4 In the Matter of the Companies Act In the Matter of the Companies Act In the Matter of the Companies Act in The Matter nf The rnmnflnies; Act (Cap.50,2006Ed) (Cap.50,2006Ed) (Cap.50,2006Ed) Cap SOAndlnTbilKterof And And And In the Matter of In the Matter of In the Matter of Lanka Investments
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  • Page 5 Advertisements
    • 61 5 HONG SEH MOTORS CONGRATULATES ST. REGIS SINGAPORE II BJ ON HER OFFICIAL GRAND OPENING. Official Maserati Importer, Singapore Hong Seh Motors Pte Ltd Head Office: 10 Fourth LokYang Road Singapore *****7 City Showroom: 390 A Havelock Road #01-06/08 Waterfront Plaza Singapore *****4 Showroom hours Monday Friday 10am to 7pm, Saturday,
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  • SINGAPORE NEWS
    • 586 6  -  NISHA RAMCHANDANI They are a big pool of potential manpower, talent: Halimah Yacob By DIVERSITY in the workplace has traditionally been seen as a way to champion equal opportunity, but companies are starting to realise it can be a competitive advantage too one that
      586 words
    • 547 6  -  SARA LIM 20-year contract to supply end-users in Spore starts in 2012 By PLANS to supplement Singapore's energy sources with liquefied natural gas (LNG) crossed an important milestone yesterday, with the Energy Market Authority (EMA) announcing its choice of a sole buyer
      FILE PHOTO  -  547 words
    • 320 6  -  CHEN HUIFEN By PRODUCT safety testing company Underwriters Laboratories (UL) has moved its international business headquarters from the US to Singapore to be closer to Asia, the fastest-growing region for its services. "The Asia-Pacific is the fastest-growing region for UL, and
      320 words
    • 241 6  -  JOANNE CHIEW By CHANGI Airport handled 9.32 million passengers in the first quarter of this year a 6.7 per cent increase from the same period in 2007. This year got off to a strong start, with passenger traffic growing 5.7 per cent to more
      I BLOOMBERG  -  241 words
    • 221 6 HOW young people spend and what they buy are deeply intertwined with their sense of self-expression these days, according to a book launched yesterday. The Future and Me: Power of the Youth Market in Asia is the final volume by Yuwa
      221 words
    • 698 8  -  LEE U-WEN CEO's target is for them to account for 30% of its student population by 2011 By ASK Lee Kwok Cheong how he rates the importance of a quality education system, and he chooses to put it on a par with
      698 words
    • 405 8  -  DANNY TAN Plans to up student numbers to 900 by end-09 from 456 A DECADE after setting up shop in Singapore, the University of Adelaide yesterday announced plans to double its student population to 900 by end-2009 from 456 now. The university Australia's
      405 words
    • 443 8  -  MATTHEW PHAN By CITIGROUP has set up a global carbon emissions trading team, making it the latest financial institution to venture into the environmental market. Citi "has catching up to do", said the team's newly hired director, Garth Edward. But the bank has
      443 words
    • 284 8 lIMPACT, the Singapore chapter of the Indian Institutes of Management (IIM), will be hosting its annual Signature Series event today with sustainable development as the theme. The highlight will be the final judging of the llMPact Business Plan Challenge 2007-08, which invited
      284 words
    • BT SHARE INFORMATION SERVICE
      • 743 8 Trans Date Shareholder/ Director Sell Conv Shares '000 Price Per Shr$ Before COOP) l(j After COOP) Stock 5ing Lun Hldgs 18-Apr-08 Lee Kwok Kie Sell ***** na ***** 4.87 0 0.00 Sing Lun Hldgs 18-Apr-08 Sing Lun Invest Pte Ltd Sell *****6 na *****6 47.29 0 0.00
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      • 288 8 COMPANY MEETING PLACE DATE TIME Asia Power A 65 Chulia Street The Executives' Club OCBC Centre #33-01, Private Room 1, Singapore *****3 21-Apr 3.30pm GK Goh A The Straits Room E The Fullerton Hotel Singapore 1 Fullerton Square Singapore *****8 10.00am 21-Apr 10.15am Sembcorp Mar A 29 Tanjong
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  • Page 6 Advertisements
    • 322 6 In the Matter of The Companies Act Cap. 50 and In the Matter of KIM KONG HARDWARE (PRIVATE) LIMITED (Registration No. *****0320G) [In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101 A Upper Cross Street, #10-18 People's Park Centre, Singapore
      322 words
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  • Page 7 Advertisements
    • 911 7 BT ADVERTORIAL -2? i if^^> S i( I -^j"" I Coming together for charity 77?e 37tf? Queen Elizabeth II Cup is more than just horseracing, thanks to the I Singapore Turf Club's commitment of supporting worthy causes, says LARRY FOLEY h TOMORROW afternoon, some of Singa- punters in mind, the
      911 words


  • MALAYSIA/INDONESIA
    • 415 9 Bloomberg Daily average trading value dropped to RM2b in the first quarter [KUALA LUMPUR] Bursa Malaysia Bhd, the nation's stock exchange manager, reported its first quarterly profit drop in two years as trading volumes fell on concern the global economy is slowing
      Bloomberg; AP  -  415 words
    • 151 9 -AFP [KUALA LUMPUR] Malaysian authorities are planning to whip habitual illegal road racers under new traffic laws which could see them jailed for 10 years, reports said yesterday. Road racers, known locally as Mat Rempits, use souped-up motorcycles on the streets of the
      -AFP  -  151 words
    • 293 9 Reuters [JAKARTA] Indonesia's an-ti-graft agency has detained a lawmaker and provincial deputy governor over a graft case involving the misuse of funds at a foundation linked to the central bank, a spokesman said yesterday. The two men legislator Hamka Yamdu and Anthony Zeidra
      – Reuters  -  293 words
    • 8693 9 Transaction date: Apr 18 !-wks Tel Low Code Last Sale Vol ('000) lay Low Bi .as1 Quote Seller Div C'vr Net P/E I Cap $mil Hii Coi Hii 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABFSG Bond ETF 30 12 1938
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  • INDONESIA
    • 357 10 Decision will be made by July, says V-P, adding the move is aimed at relieving pressure on govt finances [JAKARTA] Indonesia could raise subsidised oil prices to relieve pressure on government finances if needed, Vice-President Jusuf Kalla said yesterday, and a decision would
      AP  -  357 words
    • SGX
      • 60 10 VOLUME ChinaZaino 59,382,000 Jade Tech 50,343,000 Golden Ai iri 32,218,000 CoscoCori iMBLeCW*****1 30,370,000 UniFiber 29,003,000 Sin lTelMBLeCW*****3 28,740,000 Sin iTel 27,501,000 Sin iTel MEReCW*****8 24,854,000 JiutianC 21,661,000 Thai Bevera 21,072,000 VALUE Sin. jTel 105,627,410 DBS Gri 87,487,841 SembMar 56,697,200 Kei I Con 53,879,020 SGX 52,393,880 UOB 49,357,460
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      • 106 10 BY CENTS CLOSE UP S Coffeemix 102 21.5 26.7 Haw Par Cor| 730 20.0 2.8 SIAEm 430 20.0 4.9 OCBCBk 4.5%NCPS 100 ***** 18.0 0.2 >ai irm 462 16.2 2.7 OCBCBk MBLiCW*****0 290 15.0 5.5 SembMar 399 13.0 3.4 Unisteel 169 12.0 7.6 Cai litaLand 674 11.0 1.7 Wilmar
        106 words
      • 115 10 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN GLD 10US$ 9335 -60.8 -0.5 China H 10US$ 1625 -56.7 -2. JMH 3080 -43.2 -1.0 Jardine C&C 1744 -34.0 -1.9 Venture Cor| 1130 -30.0 -2.' SGX MBL JCW*****3 317 -16.0 -4.8 Cai itaMall 345 -15.0
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    • 95 10 Up Down Unch 4 5 8 Up Down Unch 0 0 0 Up Down Unch 4 5 8 Multi Ind Manufacturim 49 63 70 16 56 67 86 Commerce 17 18 27 21 20 33 itor/ lomms Finance 13 13 13 13 Construction 12 10 Yoi Hotel
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    • 127 10 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 22,763 22,763 81,594 81,594 Manir facturing 314,887 65,745 380,632 286,363 4,943 291,306 Commerce 35,612 2,938 38,550 62,682 812 63,494 Tpt/Stor/Comms 77,114 201 77,315 221,511 61 221,572 Finance 25,541 35 25,576 241,781 241,787 Construction 37,046 14,285
      127 words
    • 50 10 Stock name Close Chani Capita Land 6.740 +0.110 !ap CityDev 11.920 +0.080 .osco .orp irp ienl fine teppel lorp jpel _an< irp Stock name Close Chan; Olam 2.720 +0.090 SGX 8.000 -0.110 =ngg =ngg ieml lorp >eml TaT >mg rar i i Imar 'angzijiang 'anl Tori
      50 words
    • 1642 10 BONDS WARRANTS >l lode Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left 1092 Asia Environment W*****4 16 -1.5 22 1 38 8 3.13 16 1014 Capitaland BNP ECW*****8 28.5 0.5 35 0.1 498 21 1057 Capitaland BNP EPW*****1 5 0.5 150
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    • 2186 10 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
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    • 81 10 52-Wk Tel High Low Code Last Sale Vol COQI Day Ih Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hi. 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** *****
      81 words
    • 74 10 52-Wk Tel High Low Code Last Sale Vol C000] Day Last Quote |h Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi >an' Hii 139 63 6000 AVJennings 21.5 5.5 6134 Over&Gen 60.5 17.5 6017 StarCruises 320 199 6019 TanChonglnt A66 A10 US20 -0.5 HK240cd unch
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  • GREATER CHINA
    • 462 11 US banks, insurers seeking investment, says CIC official [BEVERLY HILLS] China Investment Corp, a Chinese sovereign wealth fund launched last year, aims for about a 5 per cent annual return on investment in its early years, chief risk officer Jesse Wang said on
      462 words
    • 606 11  -  JANE MOIR Strict censorship in China, the main market, taking toll on movie making By in Hong Kong POLICYMAKERS in Hong Kong have been urged to step up financing efforts for the city's struggling film industry as strict censorship across the
      606 words
    • 254 11 [HONG KONG] Bankrupt budget carrier Oasis Hong Kong Airlines missed a deadline for securing a buyer or investor and is now forced to lay off most of its staff, its court-appointed liquidators said yesterday, cooling speculation the firm had been
      254 words
    • 489 12 AFP Further restrictions within weeks spark concern among the business community [HONG KONG] China has imposed further curbs on visitors, just weeks after it stopped issuing multipleentry visas, Hong Kong travel agents said yesterday, sparking concern among the business community.
      AFP  -  489 words
    • 328 12 -yli3 [SHANGHAI] China Eastern Airlines saw its share price sink 10 per cent yesterday after the Civil Aviation Administration announced it was fining the company for an incident in which its pilots intentionally disrupted flights, inconveniencing hundreds of passengers. "This incident exposed existing
      -yli3  -  328 words
    • 414 12 -AFP [BEIJING] China has urged its citizens to rein in their "patriotic fervour" in a sign control-conscious Beijing may be growing uncomfortable with a nationalist outburst over Tibet as the Olympics approach. A despatch issued late on Thursday by state-con-trolled
      -AFP  -  414 words
    • 412 12 -AP [SHANGHAI] Chinese stocks sank to their lowest level in more than a year yesterday, as both retail and institutional investors unloaded shares in the absence of any market-boost-ing news. The Shanghai Composite Index fell 4 per cent, or 128.07 points, to 3,094.66
      -AP; BLOOMBERG  -  412 words
    • 2277 12 VOL ('000) Ipr 18 RM ASM Realty 0.70 \bric Bhd 0.18 advance Synergy 0.13 Adventa Bhd 1.22 Ae Multi Hldgs 0.24 Win Holdings 2.06 Ahmad Zaki Resou 1.05 AicCorp 0.55 \irasia Bhd 1.30 Akn Technology 0.55 Alliance Financi 2.88 aluminium Co 1.03 Amalgamated Ind 0.46 Ammb Hldgs Bhd
      2,277 words
  • Page 11 Advertisements
    • 184 11 if? 'T^lfe^ SECRETARIES' WEEK AT RAFFLES HOTEL Even the boss is rewarded. 21 to 25 April 2008 Treat your dedicated secretary to lunch at Raffles Hotel and be rewarded for your show of appreciation! When your lucky secretary wins the grand prize of a luxurious one-night stay at Raffles Hotel
      184 words
    • 1121 11 r^3sfßBßH3millimil ZHONGGUO PENGJIE FABRICS LIMITED (Company Registration No. *****1975H) ("the Company") NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of ZHONGGUO PENGJIE FABRICS LIMITED will be held at 88 Amoy Street, Level Three, Singapore *****7, on Monday, 5 May 2008 at 5.00 pm for
      1,121 words

  • Page 12 Advertisements
    • 8 12 TOTHE BEST MUSIC IN MONDIY TILL FRID&Y WWWRADIO9I3.COM
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  • INDIA
    • 680 13 -Bloomb- erg Foreign players and short format make Indian Premier League attractive [BANGALORE] The world's leading cricketers will put aside national allegiances for six weeks from now as the Indian Premier League Twenty2o competition starts a new era where teams are owned by billionaires and
      -Bloomb; erg; AFP  -  680 words
    • 297 13 -AP [NEW DELHI] Wipro Ltd, India's third-largest software company, yesterday said its net profit for the Janu-ary-March quarter rose 2 per cent from a year ago, buoyed against the slowdown in the US economy by growth in revenues from India, the
      -AP  -  297 words
    • 380 13 Bloomb- erg [MUMBAI] India's central bank ordered banks to set aside more money to cool lending, adding to government efforts to rein in inflation running near a three-year high. The Reserve Bank of India will raise the cash reserve ratio to 8 per
      – Bloomb; erg  -  380 words
    • 498 13  -  SIDDHARTH SRIVASTAVA Its pay packets meet global benchmarks, luring expats: study By in New Delhi THERE is increasing evidence that India is emerging as the hotspot for job seekers, both for fresh graduates and senior executives, further underlining what has been described as
      498 words
  • Page 13 Advertisements
    • 8 13 Lianhe Zaobaol HI I of counterfeit renminbi soon?
      8 words
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      119 words
    • 41 13 APRIL ISSUE OUT NOW! /x^-- GET SPOTTED /^>v 7T r^ri AND WIN \>f*l mln 11 n I POLISHING f^^jf www.carma.com.sg DRIVE A PACKAGES! LDECAL More details in April issue. GET YOUR COPY TODAY AT PETROL STATIONS, NEWSSTANDS AND ALL MAJOR BOOKSTORES.
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  • ASIA-PACIFIC/WORLD
    • 619 14 Reuters BOJ governor says the economy would likely pick up gradually [TOKYO] Japanese consumer confidence hit a five-year low while the Bank of Japan (BOJ) cut its economic view for almost all of the country, in the latest signs of trouble for the world's
      – Reuters  -  619 words
    • Article, Illustration
      374 14 JAMAICA and Liverpool OS both finished overnight, to take sixth and seventh place respectively, crossing the finish line in light airs in the early hours of Thursday morning. A small team of volunteers from the Santa Cruz Yacht Club (SCYC), who are hosting the Clipper fleet during the
      Photo: ONEDITION  -  374 words
    • 549 14 Reuters [SEOUL] South Korea yesterday agreed to open up to United States beef, boosting prospects for a sweeping trade deal and a Camp David summit between leaders of the two allies later in the day. The beef import agreement removes a big
      – Reuters; i AFP  -  549 words
    • 398 14 -Bloomb- erg [SAN FRANCISCO] Google Inc surged 17 per cent in early US trading after profit trounced analysts' estimates, spurred by overseas growth and a bigger-than-predicted jump in the number of users clicking on text advertisements. Google, owner of the most popular search
      -Bloomb; erg  -  398 words
    • 483 14 -AP This phenomenon represents a cultural shift [NEW YORK] Girlfriends' getaways where women travel with other women and leave the menfolk home are booming in the United States. And the phenomenon is not just about bachelorette parties or 20-somethings on spring break.
      -AP  -  483 words
    • 284 14 Reuters [MOSCOW] One billion dollars is no longer enough to gain entry to Russia's rich list. Ten billionaires failed to make Forbes magazine's annual list of the 100 richest Russians that is led by those who built their fortunes on the
      – Reuters  -  284 words

  • WORLD
    • 813 15 -AP 56ha parcel near the sign erected in 1923 to promote real estate is up for sale [LOS ANGELES] The HOLLYWOOD sign that has been used by television and movie directors in more scene-setting shots than a film student could ever
      -AP; AP  -  813 words
    • 370 15 Bloomberg [NEW YORK] Merrill Lynch's plan to auction what Christie's International called "one of the greatest jewellery collections" was thwarted by jeweller Ralph Esmerian in a 48-hour showdown in three courts. The sale, which Christie's scheduled for April 15 and then delayed to Thursday amid the
      Bloomberg  -  370 words
    • 8238 15 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 1.346/ Star Asia Bond 1.165/ Star Asia Balanced 0.946/ Star Global Technology Fund!" 0.187/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.862/ Gib Multi St USD
      8,238 words
    • 654 16 Reuters Banks and offices embrace modern art to look trendy while saving big bucks [LONDON] Walk into any lobby in London's financial heart and the change is clear: the City's giants have dropped the Old Masters and are embracing contemporary art instead in the
      – Reuters; REUTERS  -  654 words
    • 612 16 Bloomberg [WASHINGTON] Federal Reserve Bank of Dallas president Richard Fisher said he is hesitant to lower interest rates further, warning against "inflating" the economy out of the credit crisis. The central bank shouldn't "compound the bad by repeating the oft-prescribed remedy of inflating our
      – Bloomberg  -  612 words
    • 500 16 Reuters [WASHINGTON] Legendary Texas oil man T Boone Pickens has gone green with a plan to spend US$lO billion to build the world's biggest wind farm. But he's not doing it purely out of generosity he expects to turn a buck. The
      – Reuters; BLOOMBERG  -  500 words
    • 541 16 -AP [WASHINGTON] Big Wall Street investment companies are reducing their borrowing from the Federal Reserve's emergency lending programme, a sign that credit problems may be easing. A Fed report on Thursday said those firms averaged US$24.B billion in daily borrowing over
      -AP  -  541 words
    • 334 16 Reuters [WASHINGTON] The FBl's probe of the sub-prime mortgage industry could uncover fraud involving Wall Street investment banks, private equity firms or hedge funds, the head of the Federal Bureau of Investigation said on Thursday. Robert Mueller, the director of the agency, told an
      – Reuters  -  334 words
    • 498 16 -NYT [NEW YORK] The New York Times reported a U*****,000 first-quarter loss on Thursday, falling far short of both analysts' expectations and its U5523.9 million profit for the quarter a year ago. The loss was a fraction of a penny
      -NYT  -  498 words


  • MOTORING
    • Article, Illustration
      584 17 The reinvented Fiat 500 is bigger than the original and has all the trendy features of a modern vehicle, reports SAMUEL EE I IFTY years ago in Italy, a diminutive car with an equally tiny 500 cc engine at the back was introduced to the masses. The
      584 words
    • 595 17  -  SAMUEL EE By IT seems that virtually every new car these days is getting bigger and more refined than the model it replaces. The new Subaru Impreza WRX STI is no different. The STI has always been a car with an image. The additional suffix means it
      595 words
    • 612 17  -  CHRISTOPHER LIM By SINGAPORE'S first large-scale bike exhibition, Bike Asia 2008, wrapped up last Sunday, but the event's return next year is already being planned. One might assume that this is a signal of clear success but the reality is in fact
      612 words

  • GOLF
    • 1229 18 Encouragement from his idol helps S African Trevor Immelman score victory, reports JUSTINE MOSS SOMETIMES, all it takes is a simple phone call, a few words of encouragement or a quick nod of support from a respected source that makes the difference between winning
      AP PHOTOS  -  1,229 words
  • Page 18 Advertisements
    • 691 18 Wine&dine with weekendßT Chatterbox unique noodle station to one of the largest salad bars Dried Beancurd Skin with Hoisin Sauce (sB++), main nnn i ,n in town. Complete your meal with an assortment of dish Fragrant Coffee Pork Ribs (slB++) and dessert Pan Pacific Orchard 333 Orchard Road, Mentus Mandarin
      691 words
    • 23 18 LISTEN OUT FOR FINANCIAL RESULTS ANNOUNCEMENT Find out more about a company's financial performance through CATS Notices in The Straits Times. NOTICES 1
      23 words
  • Page 18 Miscellaneous
    • 340 18 CRYPTIC CROSSWORD ACROSS 6 Scheme for North mountain 1 Sharp practice produces up- ascent (4) roar (6) 7 Mug one may put one's 4 In emergency, move slowly teeth into? (6) after a knock (2,1,5) 8 Name for a house compe tj--9 Dispatched by railway guard tion (6) 11 Presumably
      340 words

  • WELLNESS
    • 1758 19 Detox retreats in the Asia-Pacific region are increasingly luxurious and offer opulent spa surroundings, JUDY CHAPMAN finds out more Fresh is best: For those that prefer juicing as a form of detox, there's Puriti Programs for Life at Phuket Pavilions which teaches you about the benefits
      1,758 words

  • SHOPPING
    • 1649 20 From the use of bamboo in manufacturing to recycling, the marketplace is seeing a boom in environmentally friendly goods, writes CHEAH UI-HOON m ITH Earth Day coming around next Tuesday, there's really more reason to celebrate it "meaningfully" this year. Why do we
      1,649 words
    • 534 20  -  CHRISTOPHER LIM By WOMEN of Singapore, listen to this: Well-known Italian shoe designer Giuseppe Zanotti loves you. And you can get some of that love because Zanotti opened his first standalone boutique yesterday at Palais Renaissance in partnership with local franchisee Jay Gee
      ARTHUR LEE  -  534 words

  • PERSONAL SPACE
    • 1167 21 Musician-turned-banker William Ng tells GEOFFREY EU his house has all the things he has always enjoyed music, art and marine life AS A TALENTED young musician, William Ng briefly contemplated a career as a classical pianist before coming to the conclusion that he didn't have what it
      JOHN HENG  -  1,167 words
  • Page 21 Advertisements

  • THE BUSINESS TIMES weekend
    • 2256 22 Over the past couple of years, bars, cafes and restaurants have been sprouting up across Singapore faster than you can say 'lifestyle hub. As a result, we are seemingly spoilt for choice when it comes to new F&B clusters to check
      ARTHUR LEE  -  2,256 words
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  • Page 22 Miscellaneous