The Business Times, 11 August 2008

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Microfilm: NL29448
Total Pages: 33
1 33 The Business Times
Page thumbnail Page 1
  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg •S* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Monday, August 11,2008
    22 words
  • Article
    Lock icon Temasek comes full circle with BII stake
    821 1  -  WONG WEI KONG COMMENTARY An investment that launched its new strategy now faces regional realities By I EMASEK Holdings' trouIble -plagued bid to sell a stake in Indonesia's PT Bank Internasional Indonesia (BII) to Malaysia's Maybank holds a significance beyond the deal itself.
    821 words
  • Article
    Lock icon Big stock trades may sail across dark pools
    909 1  -  CHEW XIANG It's a new animal for Asia and it's here to help big boys do big deals without roping in the rest of the market By [SINGAPORE] In the dog-eat-dog world of equities trading, big investors face a big problem: large
    909 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      109 1 VIEWS FROM THE TOP DINING OUT fM BizlT BE INSPIRED I —I Nurturing the next generation The exotic 'A High-end gadget sales Zap for daily inspiration. of corporate leaders palate <c--Ja m sizzle in HI Win a Zegna Sport i-Pod Jacket! MM PAGES 10-13 PAGE 17 £fr PAGE 32 PAGE
      109 words
Page thumbnail Page 2
  • TOP STORIES
    • Article, Illustration
      Lock icon Bulls may return to Wall Street as oil bubble bursts
      918 2  -  ANDREW MARKS Picture changes surprisingly fast as analysts say the worst may be over By in New York THE last weeks of summer are hardly a typical time for a bull run, with many of Wall Street's traders and money
      AFP  -  918 words
    • THREE MINUTE DIGEST
      • Article
        Lock icon Search is on for the best employers here
        54 2 THE hunt is on for the best employers in town. And these would be firms with not so much the best pay or perks but vision and heart, that give their people not only career opportunities but a sense of being valued.
        54 words
      • Article
        Lock icon Small firms warn of weaker results
        62 2 SMALL firms in Singapore have served notice about upcoming less-than-scintillating results as rising costs of raw materials, the falling US dollar and the US downturn take a toll on their bottom lines. At least 20 have in the past three months issued profit warnings
        62 words
      • Article
        Lock icon Artivision launches 75m-share IPO at 20unknown apiece
        52 2 ARTIVISION Technologies Ltd, a company specialising in video content analytics (VCA), has put out an initial public offering of 75 million new shares at 20 cents each. Of these, one million shares are for public offer and 74 million for placement. COMPANY NEWS,
        52 words
      • Article
        Lock icon US law firm opens S'pore office, its sth in Asia
        66 2 WITH an eye on the South-east and South Asia markets, US law firm O'Melveny Myers LLP has opened an office in Singapore. The Singapore office O'Melveny's fifth and newest in Asia will start off with a focus on the finance,
        66 words
      • Article
        Lock icon Oil market tension to ease over next 2 years: IEA
        65 2 TENSION on global oil markets will ease over the next couple of years but will probably increase again thereafter, says the head of the International Energy Agency. In another development, Lehman Brothers said that oil prices have peaked for the
        65 words
      • Article
        Lock icon Tenaga keen on US$2b submarine cable project
        65 2 TENAGA Nasional is keen to take over a US$2 billion submarine cable project to carry electricity from Borneo island to the mainland. "Tenaga has expressed their interest to take the lead," Energy, Water and Communications Minister Shaziman Abu Mansor told Reuters, referring to
        65 words
      • Article
        Lock icon Indian Supreme Court allows land for projects
        81 2 HURDLES blocking two major projects, including India's biggest foreign investment, were cleared by the Supreme Court last Friday despite protests from farmers and an ancient tribe angry over losing their land. South Korean steel firm Posco was allowed the use of large swathes
        81 words
      • Article
        Lock icon Outlook for Japan FDI inflows improving: Jetro
        49 2 THE outlook for inward foreign direct investment in Japan has brightened as investment deals hit new highs, according to the Japan External Trade Organisation (Jetro). At the same time, Japanese companies are achieving record levels of M&A deals overseas. ASIA-PACIFIC/WORLD, PAGE 24
        49 words
      • Article
        Lock icon All eyes on UBS as it posts Q2 results
        74 2 SWISS banking giant ÜBS will unveil its second-quarter results tomorrow, still scarred from its sub-prime-related "annus horribilis" and the loss of billions of dollars and wealthy clients. This comes nearly a year to the day after it first revealed that it
        74 words
      • Article
        Lock icon High-end gadget sales sizzle in H1
        72 2 THE economic storm clouds gathering in other parts of the world have not dampened Singaporeans' appetite for buying tech gizmos, with sales of big-ticket gadgets climbing to new heights in the first six months of this year. According to the latest reports from research
        72 words
    • Article, Illustration
      Lock icon Cosco tries to soothe market over changes
      544 2  -  CHOW PENN NEE It says Ji's departure is 'normal' and he will be deployed elsewhere in group By [SINGAPORE] Four days after Cosco Corporation (Singapore) shocked the market by announcing that its vice-chairman, and president Ji Hai Sheng was retiring, it is trying
      FILE PHOTO  -  544 words
    • Article
      Lock icon SIA lets offer for stake in China Eastern expire
      402 4  -  It may look at other ways to develop its presence in China By YEN SREENIVASAN [SINGAPORE] Singapore Airlines has closed the chapter on acquiring a possible stake in China Eastern Airlines. In a statement issued late yesterday evening, the Singapore carrier
      402 words
    • Article, Illustration
      Lock icon Search is on for the best employers here
      538 4  -  CHUANG PECK MING Hewitt Associates says it is the largest employee research project in Asia Reports by [SINGAPORE] The hunt is on for the best employers do you have what it takes to be one? Hewitt Associates, a United States-based human resource
      FILE PHOTO  -  538 words
    • Article
      Lock icon It's the clear vision and mission that count
      428 4 Prison Service shows the way, developing talent; UPS too [SINGAPORE] Singapore Prison Service is proof that a best employer doesn't have to be a big brand name that offers top pay and perks to employees. "What Singapore Prison Service (SPS) has to
      428 words
  • Page 2 Advertisements
    • Advertisement
      Lock icon Page 2 Advertisements Column 1
      273 2 wn7ifr?tSlß^f!tr^!3tS!3fnt sunset way K**lUUAL^ilUaVl4l4S3ai32L^ 8722/5800sqft Cosy Well Kept Hse, Nice Gdn 8M CABLE ROAD .^aj^^^^HßragS^Sk *****sqft excellent for Redevelopment/division VTO o^^^tß rn-|^Ms QUEEN ASTRID ■^hJV Wkl II area *****/8000sqft Greenery View, Prestigious fc^^^Q^^^^^^B. Address, Suited for Additions and Alterations ml ASTRID HILL m *****sqft, flat land WIDE FRONTAGE, quiet enclave
      273 words
Page thumbnail Page 3
  • Page 3 Advertisements
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      2086 4 JARDINE CYCLE CARRIAGE LIMITED 7 thf att as tpf company bfrhah LOST SHARE CERTIFICATES iSfe,TIAS COMPANY, BERHAD NOTICE IS HEREBY GIVEN that the undermentioned original MgM (INCORPORATED IN MALAYSIA) (1302-W) share certificates have been reported lost or destroyed N q T CE p DIVIDEND AND CLOSURE OF BOOKS In Name
      2,086 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      51 4 find the ones" PtrV^y^ -Krt^J THAT FIT! d^p^ j i Recruit the right people through CATS Recruit. \j> i —l—\ C\~ •—s p^ Call 1800 289 8822 or email V~ {_J \jr y C—l—v r^ recruit@sph.com.sg to advertise. Mn rr Zj gears C^ r^ P V^.> U> RECRU.T M W
      51 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      253 5 U! ;ihS rk)te s&jJkr asiyn was |jjftae3£) tyj (ftoaalcif^wifltiir, J^ T3O fili&) r\mi, P^^^^Q vl I^^k "sF B* V LAB' 9 V A fl Bui V BkH V I A^P -j I JBj B^l B^^ ■By 3J 7 BflM^V SRltf A BP^ JH .7? > VBBHk.- a H| HHL B\
      253 words
Page thumbnail Page 6
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Another volatile week ahead tracking Wall Street
      704 6  -  R SIVANITHY STOCKS THE last time oil prices fell by as much as they did last Friday was on Tuesday, but the subsequent Wall Street rally only resulted in a modest gain for stocks in this part of the world that did not
      704 words
    • Article
      Lock icon Asian currencies lower against greenback
      488 6 AFP CURRENCIES [HONG KONG] Asian currencies ended the week lower against the US dollar as the greenback gained support from cooling oil prices which dealers said may relieve pressure on the struggling US economy. The US dollar also drove back the Australian and New Zealand
      AFP  -  488 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1098 6 Payment (cts) Ex Books Pay date close date Jlco Comm REIT ao 2.070 05-Aug 07-Aug 29-Aug Jlco Comm REIT 1.160 05-Am 07-Aut 29-Au( Jlco Comm REIT 0.760 05-Am 07-Aut 29-Au( >RA Asset Mi av 2.170 15-Am 19-Au( 02-Ser REIT ao 3.890 28-Jul 30-Jul 27-Aug Res Trust ao 1.610
      1,098 words
    • Article
      Lock icon Prices drop over fears of falling demand
      164 6 AFP COMMODITIES [LONDON] World oil prices tumbled last week, in line with almost all commodities, on mounting concern that slower economic growth in the United States will translate into lower global demand for raw materials. Oil: Crude prices also slumped this week owing
      AFP  -  164 words
    • Article
      Lock icon BROKERS' RECOMME
      1734 6 NDATIONS Lonsensus no. ot i-orecasi mean t-n s recommendation esti- EPS PE target price This wk Last mth mates (cents) (ratio) price lompany name Mlco Comm REIT 2.00 2.00 3 5.60 13.93 1.03 0.77 Jlgreen Properties 2.33 2.50 12 8.33 10.81 1.27 0.90 |ua-Terra Sui 2.50 2.50 2
      1,734 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 WEEKLY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      62 6 Aug 8 VALUE CLOSE BT OB/OS -624.00 +29.00 BT CADI -*****.00-103.00 BT 10-day MA -*****.00 -63.00 FTSE ST Mid Cap 673.79 -1.24 FTSE ST Small Cap 568.16 -3.05 FTSE ST All Share 705.43 -5.50 FTSE ST China Top 391.98 -5.42 FTSE ST China 374.24 -4.64 UOB Catalist
      62 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      60 6 VOLUME Golden Agri 272,057,000 Cosco Corp 206,018,000 Yanqzijianq 198,990,000 Oceanus 165,188,000 JiutianC 159,853,000 China Honqxinq 133,205,000 Sing Tel 121,446,000 Noble Grp 116,326,000 DBS DBeCWOBIII7 97,323,000 Ferrochina 85,678,000 VALUE(S) DBS Grp 704,154,051 Cosco Corp 540,287,920 UOB 496,256,162 Sing Tel 429,280,450 Capita Land 363,621,871 SGX 361,782,415 Keppel Corp 329,310,081
      60 words
    • Article
      Lock icon RISES
      105 6 10 BY CENTS CLOSE UP 1500 103.0 7.4 India Ni DBS Bk6% NCPS 10 ***** 90.0 0.9 UOBMBLiCW*****0 619 46.0 8.0 OUE 1308 38.0 3.0 UOB 1966 30.0 1.5 Dain irm 540 28.0 3.8 ISMSCI India 100 646 22.4 2.5 Sino-Env 144 18.0 14.3 lanBNPePW/***** 51 17.0 50.0 .oscoCori
      105 words
    • Article
      Lock icon FALLS
      111 6 Closing prices are in trading currencies, but absolute difference is in Ss. BY CENTS CLOSE DOWN 8534-575.2 -4.6 GLD 10US$ JMH 3058-195.9 -4.4 ir China H 10US$ 1504-162.3 -7.2 Venture Con 1002-102.0 -9.2 JSH 1668-100.8 -4.1 :i 1036 -78.0 -7.0 CIMBAsean40 100US$ 825 -72.8 -5.9 litaLand 486 -61.0 -11.2
      111 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      85 6 Aug 8 CLOSE CHNG FR Aug 7 YR2008 S$ LOW S$ HIGH USS 1.3995 -1.18 1.4542 1.3457 Euro 2.1162 1.13 2.2064 2.0474 Pounds 2.6904 0.29 2.8431 2.6568 AS 1.2472 1.05 1.3251 1.2349 Yen* 1.2752 -0.93 1.4484 1.2619 Rupiah* 0.***** -0.42 0.***** 0.***** Baht* 4.1541 -0.91 4.4299
      85 words
Page thumbnail Page 7
  • COMPANY NEWS
    • Article
      Lock icon Small firms warn of weaker results
      607 7  -  EMILYN YAP They cite rising costs, falling US dollar, slowing American economy By SEVERAL small companies in Singapore have sounded warning bells over their upcoming financial results as the impacts of rising raw material costs, the falling US dollar and the slowing American economy
      607 words
    • Article
      Lock icon Dates of release
      185 7 Half year ended June 2008 Eastern Asia Augll Hoßeelnv Augll LeeKimTahHldgs Augll SinoEnvTech Augll SIX Pan Ocean Augll Armstrong Ind Augl2 China Lifestyle Augl2 China Taisan Tech Aug 12 Golden Agri Aug 12 IFS Capital Aug 12 STEngg Aug 12 The Straits Trading Aug 12 UOL Augl2
      185 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        49 7 Weekly 2,807.54 lange -98.53 IT Index 1COMP 1,120.31 -38.79 MKKEI 225 13,168.41 +73.82 IANG SENG 21,885.21 -977.39 ;et index 690.70 +12.04 IAKARTACOMP 2,195.93 -52.82 1ANILA COMP 2,692.81 +108.60 ;eoulcomp 1,568.72 -5.05 ;henzhenb 404.08 -53.53 IUMBAI IND 15,167.82 +511.13 )OW 11,734.32 +408.00 IASDAQ 2,414.10 +103.14 ;&P 500 1,296.32 +36.01
        49 words
      • Article
        Lock icon PRIME RATES
        29 7 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.645 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.88 INDIA 12.75 Source:
        Bloomberg  -  29 words
      • Article
        Lock icon FOREX
        44 7 uss SS 1.400 US$ (S$ ier US$) (US$/S$ )er 1.931 2.702 EURO (US$/S$/E) 1.517 2.123 YEN 109.90 78.50 RM 3.303 2.360 HK$ 7.810 5.580 BAHT 33.68 24.06 RUPIAH 9,165 6,549 RENMINBI 6.863 4.904 INDIAN RUPEE 42.26 30.19 A$ 1.120 0.800 NZ$ 1.423 1.017
        44 words
    • Article
      Lock icon Shareholders in a bind over low exit offers
      864 9  -  LYNETTE KHOO CONSIDER this scenario: an exit offer that still goes through despite not having a compelling price for shareholders. Indeed, it's something that has been happening of late in corporate Singapore. Since the beginning of this year, privatisation deals have become
      864 words
    • Article
      Lock icon Warrant versus option trading
      385 9 WARRANT INSIGHTS LAST week's column looked at the main differences between structured and company-issued warrants. This week, we'll try to answer one of the most common questions about warrants: How does warrant trading differ from options trading? In theory, both types of instruments behave the same
      385 words
    • Article
      Lock icon At a glance
      411 9 AT d gldliCe 6 months ended June 2008 NET PROFIT TURNOVER CURRENT I PREVIOUS CHNG CURRENT PREVIOUS (S m) (Sim) CHNG 1 BrightWorld 15.62 10.41 50.0 69.66 50.19 2 ECSHIdgs 13.91 10.60 31.3 1,475.32 1,310.20 3 HuanHsin 13.41 16.63 -19.4 484.46 401.54 38.8 12.6 20.7 4 Leeden
      411 words
    • Article
      Lock icon Artivision launches 75m-share IPO at 20C apiece
      412 9  -  LYNN KAN By ARTIVISION Technologies Ltd, a company specialising in video content analytics (VCA), has put out an initial public offering of 75 million new shares at 20 cents each. Of these, one million shares are for public offer and 74 million for
      412 words
  • Page 7 Advertisements
    • Advertisement
      Lock icon Page 7 Advertisements Column 1
      57 7 DISCOVER YOURSELF! (INENGUSH) With just a birth date, get to know your: Character Suitable careers Lucky colours 1900-914-0002 Callsatso.2l4cents/min (inclusive of GST) Callers below 18 years of age must get parental consent. Customer Service Hotline: 631 9 2333 This service is provided by SPH Interactive Marketing Services. WBm Singapore Press
      57 words
    • Advertisement
      Lock icon Page 7 Advertisements Column 2
      202 7 "To me, it's the perfect tuning of a grand piano to the particular conditions of any given concert hall." Best Boutique Private Bank Georges Ammann, piano tuner for Steinway Sons in Asia 2008 In Japan, it's all about high humidity, and a preference for round, smooth tones. In France, they
      202 words
Page thumbnail Page 8
  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Low PTB portfolio again best predictor
      1364 8  -  TEH HOOI LING THE decline in oil prices which last week boosted Wall Street to its biggest weekly gains since April is a welcome respite for the market. However, there is somehow a feeling that the retreat is too little too late, and that
      1,364 words
    • Article, Illustration
      Lock icon Buying and buybacks monopolise muted week
      1168 8  -  ROBERT HALILI INSIDE MARKETS By THE buying remained low while there were no sales by directors last week based on filings on the Singapore Exchange (SGX) from Aug 4 to 8. A total of 14 companies recorded 26 purchases worth $4.2 million last week.
      1,168 words
Page thumbnail Page 9
Page thumbnail Page 10
  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon Nurturing the next generation
      6984 10  -  LEE U-WEN THIS WEEK'S TOPIC Are companies here doing enough in the area of leadership development? What are the key requirements for developing effective leaders in an organisation? Leadership grooming still short By THE consensus is clear: not enough is being done to develop good, capable
      BLOOMBERG  -  6,984 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Lock icon Page 11 Advertisements Column 1
      244 11 Hear what top leaders have to say about People Strategies in Asia. Guest-of-Honour: Prime Minister Lee Hsien Loong Closing Dialogue Session: Minister Mentor Lee Kuan Yew The inaugural Singapore Human Capital Summit is a confluence of global and regional business leaders and human capital thought leaders to discuss latest trends,
      244 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Lock icon Page 12 Advertisements Column 1
      144 12 Your tomorrow E wm starts here today fZ\ Today, Business Is: S6CIAT& COV\V\&C\^fi\.^ tfl^t SC^[&S to youcc regional netvoork. y bAI International Ethernet (IE) Service: a high bandwidth, scalable and af M/m^ secure carrier-grade international #|||m business connection that accommodates your growing regional presence. Ease of Management and Deployment Overall
      144 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Lock icon Page 13 Advertisements Column 1
      60 13 Since 1856, we have focused on bringing new perspectives to our clients. Understanding the past, but shaped by the future. Always looking at opportunities and challenges from a visionary point of view. Considering from the outset our clients' goals. Because our sole ambition is to help maximize their potential. www.credit-suisse.com
      60 words
Page thumbnail Page 14
  • SINGAPORE NEWS
    • Article
      Lock icon US law firm opens S'pore office, its sth in Asia
      332 14  -  EMILYN YAP It will service the South-east and South Asia markets, focusing on finance By WITH an eye on the South-east and South Asia markets, US law firm O'Melveny Myers LLP announced last week that it has opened an office
      332 words
    • Article, Illustration
      Lock icon Defamation claim in Raffles Town Club saga to be heard in court today
      484 14  -  YEN SREENIVASAN By THE protagonists involved in the Raffles Town Club (RTC) saga start a new round of court battles today with former stockbroker Peter Lim suing the two current shareholders of the club, Lin Jian Wei
      484 words
    • Article, Illustration
      Lock icon Cricket gets its day in the sun
      184 14  -  ARTHUR LEE THE fluctuating weather did little to douse the enthusiasm of the bankers and other executives who battled it out at the annual National Day Corporate Sixes Cricket Tournament at the Indian Association over the weekend. This year's tournament was won by
      ARTHUR LEE  -  184 words
    • Article
      Lock icon Indian diaspora business conference in October
      208 14 A BUSINESS-FOCUSED conference will be held in Singapore this year to reach out to the Indian diaspora in the Asia-Pacific region. To be held from Oct 9 to 11, PBD Singapore -Towards a Dynamic Diaspora aims to provide delegates with insights into business opportunities
      208 words
    • Article
      Lock icon Cyber-gaming to grow exponentially: minister
      213 14 CYBER-GAMING is no longer the exclusive purview of geeks. The multi-billion dollar cyber-gaming industry both in Singapore and the Asia-Pacific region is "a serious business" that is growing rapidly, a minister said yesterday. Worldwide, revenue from cyber-games are projected to reach US$9.B billion in 2009,
      213 words
  • Page 14 Advertisements
    • Advertisement
      Lock icon Page 14 Advertisements Column 1
      145 14 I The Straits Times I The Business Times I Online. The latest news. Any time, anywhere. h»-»-«.,»««**.«- =";«'i^-w.— v-, '-1?, 20 Q3 0 u Monday ai'i'm '=I^^ r£b=ui'd'.' P ■'I'"'' "V:. --I". V. I I The Business Times online subscription I BBH^H $8i.60 For more details, visit www.asiaone.com/ndp or call
      145 words
    • Advertisement
      Lock icon Page 14 Advertisements Column 2
      15 14 Win a Zegna Sport i-Pod Jacket worth $2,500! m w ZegnaSport ZaDCocfe CJ7 A. bnxjghttoycubySPHNnvMadaPtßLtd
      15 words
Page thumbnail Page 15
  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Making it in commercial law
      1025 15 It's demanding work requiring perseverance and passion. And, oh, it's nothing like what you see on Boston Legal, says lAN POH THINK of "lawyer" and what comes to mind is probably someone with the gift of the gab an erudite orator who demolishes arguments and
      1,025 words
    • Article, Illustration
      Lock icon Bazaar buzz for e-entrepreneurs
      785 15 CAMPUS LIFE A group of JC graduates helps to raise public awareness of e-business, reports DIONDI TAN WHAT do a bunch of recent-ly-graduated junior college students do to keep themselves occupied during the nine-month break before they start university? Organise a two-day e-business enterpreneurship exhibition to
      785 words
    • Article
      Lock icon Be smart with your finances
      204 15 FANCY becoming the next Warren Buffett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      204 words
  • Page 15 Advertisements
    • Advertisement
      Lock icon Page 15 Advertisements Column 1
      46 15 citibank THE Business Times-Citibank Young Investors' Forum is published every Monday in The Business Times. It aims to raise the financial awareness of university and polytechnic students and cultivate a better understanding of business issues. The series is part of BT and Citibank's tertiary outreach programme.
      46 words
Page thumbnail Page 16
  • DINING OUT
    • Article, Illustration
      Lock icon Not totally Italian, but it's good quality food
      601 16  -  Jaime E& NEW MENU La Strada #02-10 Shaw Centre, 1 Scotts Road Tel: 6737-2622 THESE days, the concept of Italian cooking seems rather moot. With pasta, pizza, risotto and the like influencing other cuisines from modern French to even Japanese, it's hard
      601 words
    • Article, Illustration
      Lock icon Some really peachy ways with pears
      663 16  -  Geoffrey Eu PROMOTIONAL MENU Mm Jiang at One-North 5 Rochester Park Tel: 6774-0122 www.goodwoodparkhotel.com IN traditional Chinese cuisine, some ingredients are simply more essential than others ask any master chef for a list of ingredients necessary to his craft and chances are that Tientsin
      663 words
  • Page 16 Advertisements
    • Advertisement
      Lock icon Page 16 Advertisements Column 1
      199 16 Business Dining Etiquette Rule No. 1: You Are What You Eat Making an impression counts, starting from your choice of a dining venue. At Hai Tien Lo, we ensure a seamless experience enhanced by magnificent views, a private ambience and impeccable service. Master Chef LaiTong Ping presents tempting Executive Lunch
      199 words
Page thumbnail Page 17
  • DINING OUT WITH citibank
    • Article, Illustration
      Lock icon The good, the bad and the exotic
      914 17  -  JAIME EE POWER LUNCH By DAVID Yip is a man of eclectic tastes when it comes to food. He swings easily from hawker food to fine dining, and when it comes to exotic cuisine, let's say he can give the TV show Extreme
      YEN MENG JIIN  -  914 words
    • Article, Illustration
      Lock icon Yunnan cuisine gentrified for local palates
      599 17  -  Jaime E& YUNNAN CUISINE PROMOTION (until Aug 31) Cherry Garden Mandarin Oriental Singapore 5 Raffles Avenue Tel: 6885-3538 YOU have to hand it to the ancient Chinese for their sheer ingenuity. Who would have thought that just by incorporating a funnel into an otherwise
      599 words
  • Page 17 Advertisements
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Lock icon Page 18 Advertisements Column 1
      601 18 Dyna-Mac is proud to announce the thundering launch of il^^ HH MHflfl Thunderhawk FPU 5500 Semi-submersible Hull I lfl| H| fIH j'Sm^B! wvvvv;,dynn-fD<»c.com^ f'ii and land-based turnkey project management service from CGltifiCatJOllS affirm OUT Commitment tO eXCeIIGIICe. •>| project conception to operational facility. Deploying r It"" cutting-edge technology, resources and
      601 words
Page thumbnail Page 19
  • BEIJING 2008
    • Article, Illustration
      Lock icon Phelps zooms to first gold, sets new record
      674 19 Bloomberg US swimmer wins 400 m individual medley in 4min 3.B4sec [BEIJING] The dream was fading less than halfway through Michael Phelps's first final at the Beijing Olympics. He was behind Ryan Lochte in the 400-metre individual medley and feeling out of
      – Bloomberg; AFP  -  674 words
    • Article, Illustration
      Lock icon Medal tally
      165 19 AUGUST 10 I've done Playboy. I'm comfortable with my body. I go to the office in a swim suit. I'm comfortable with shedding a few more items of clothing. I don't think it's too crazy or risque.' US swimmer Amanda Beard speaking to reporters at the Athletes' Village
      165 words
    • Article, Illustration
      Lock icon Name change helped her win gold
      360 19 -AP [BEIJING] Thai weightlifter Prapawadee Jaroenrattanatarakoon gave a fortune teller part of the credit for her Olympic gold medal yesterday. Jaroenrattanatarakoon, who changed her name last year, won the women's 53kg category with a total of 221 kg and set an Olympic record in
      -AP; XINHUA  -  360 words
    • Article
      Lock icon Brazil makes football q-finals
      230 19 Ronaldinho scores a brace in 2nd half [SHENYANG, China] Ronaldinho scored a pair of second-half goals to lead Brazil to a 5-0 rout of New Zealand and a spot in the quarterfinals of the Olympics yesterday. Ronaldinho scored his first goal of the tournament with a
      230 words
    • Article, Illustration
      Lock icon When sports meets sex to strike gold
      428 19 Reuters [BEIJING] It's an irresistible mix and one that Olympians are no longer shy of using to fund their sporting careers. American Olympic swimming champion Amanda Beard posed naked in Playboy magazine last year and at Beijing stripped off for an advertising campaign
      – Reuters; REUTERS  -  428 words
Page thumbnail Page 20
  • ECONOMY WATCH
    • Article
      Lock icon Oil market tension to ease over next 2 yrs
      540 20 Reuters lEA chief also says producers should up output; Lehman says prices have peaked [BERLIN] Tension on global oil markets will ease over the next couple of years but will probably increase again after that, the head of the International Energy
      – Reuters  -  540 words
    • Article, Illustration
      Lock icon Commodities boom has ended: analysts
      638 20 -AP No good buying opportunities seen for months ahead [NEW YORK] The commodities boom that just weeks ago looked unstoppable may have finally burned itself out. Sudden plunges in the price of everything from crude to copper and cotton suggest commodities soared too high, too
      -AP; Thomson Financial, AP graphics  -  638 words
    • Article
      Lock icon Brace for 90s-type recession: FSA
      200 20 Reuters [LONDON] Britain's Financial Services Authority has warned the financial services industry to brace itself for the possibility of a downturn similar to the 1990s recession, chief executive Hector Sants said last Saturday. "We believe there is a possibility of a real economic downturn here
      – Reuters  -  200 words
    • Article
      Lock icon Euro zone recession fears rise as German export orders fall
      327 20 -NYT [NEW YORK] A plunge in orders for German exports last week increased fears that Germany, and much of Europe, is slipping into recession. When preliminary figures for second-quarter economic growth were released last Thursday, most economists expect that countries
      -NYT  -  327 words
  • Page 20 Advertisements
    • Advertisement
      Lock icon Page 20 Advertisements Column 1
      283 20 Sll^^iilS Lianhe Zaobao Wine Review Challenge 2008 SWft Si^nUfft of Uuwuv^ T<uß Savour an award-winning range of 283 w'nes' Wine Tasting Affair Sunday, 17 August 2008 $38 nett per pax per session Conrad Centennial Singapore, Ballroom Level 2 Session 1:11 am to Ipm Session 2: 3pm to spm All Held
      283 words
Page thumbnail Page 21
  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon All eyes cm Bapepam, Bank Negara
      642 21  -  PAULINE NG MALAYSIA INSIGHT How they handle the Maybank-811 deal will impact their capital markets BANK Negara Malaysia's revocation of an earlier approval for Malayan Banking (Maybank) to buy over Bank Internasional Indonesia (BII) is quite unprecedented. Then again, the Maybank-811 deal is unusual
      642 words
    • Article
      Lock icon Q-Tel denies move to replace Indosat board
      116 21 [SINGAPORE] Qatar Telecom QSC said that it has not made any requests to replace directors at PT Indosat, denying a Bisnis Indonesia report which was carried on Saturday. "The board of directors is appointed by Indosat's board of commissioners, not Q-Tel," the company
      116 words
    • Article
      Lock icon Khazanah forms China venture
      201 21 Bloomberg [BEIJING] Khazanah Nasional Bhd, the Malaysian government's US$25 billion investment fund, will form a venture in China to tap the potential of a country poised to lead the world in the manufacture of re-newable-energy products. Khazanah will invest US$l5O million over three years in a
      – Bloomberg  -  201 words
    • Article
      Lock icon Tenaga keen on US$2b submarine cable project
      451 21 Reuters [PUTRAJAYA] Malaysia's largest power company, Tenaga Nasional, is keen to take over a US$2 billion submarine cable project to carry electricity from Borneo island to the mainland, a minister said last Friday. "Tenaga has expressed their interest to take the lead," Energy,
      – Reuters  -  451 words
    • Article
      Lock icon RM11.3b broadband deal for Telekom delayed again
      234 21 Reuters Govt said to be looking at cheaper Pahang option [KUALA LUMPUR] The signing of an RM11.3 billion (554.81 billion) high-speed broadband agreement between the Malaysian government and dominant fixed-line provider Telekom Malaysia has been postponed, a source familiar with the terms of
      – Reuters  -  234 words
    • Article
      Lock icon STOCKS ASIA
      2727 21 Transaction date: Aug 8 For a full listing of the closing prices, log on to BT online at http://business-times.asial.com.sg after 11.30pm every trading day Vol ■000 HK$ \eon Credit \eon Stores \ngang Steel \nhui Conch \nhuiexpressway feia Satellite \sm Pacific Sank Of E Asia Seida Jade Bird Jeijing
      2,727 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      124 21 Stock name Close Change Cai .and 4.860 -0.240 Cai iMall 2.950 -0.080 Cit' 10.360 -0.220 Cosco Con 2.440 DBS Gri 18.700 -0.100 FSN 4.170 -0.060 Gent Intl 0.540 -0.005 HKLand 3.760 -0.090 JSH 16.680 +0.080 Jardine CSC 17.220 +0.040 tod name lose lange Kei Con 10.460
      124 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      99 21 Up Down Unch Up Down Undi Up Down Unch Multi Ind 4 12 2 0 0 0 4 12 2 Manufacturing 42 145 41 21 11 46 166 52 Commerce 15 48 15 21 57 18 r/C. ims 26 29 Finance 10 25 11 25 Construction 17
      99 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      120 21 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 87,748 87,748 450,317 450,317 Manufacturini 1,545,562 73,672 1,619,234 1,358,516 7,406 1,365,922 Commerce 327,511 172,759 500,270 404,676 74,125 478,801 Tpt/Stor/Comms 558,066 4,457 562,523 1,570,074 1,245 1,571,319 Finance 191,111 40 191,151 1,943,530 1,943,533 Construction 135,191 25,260 160,451 22,655 711 23,366 Pro|
      120 words
Page thumbnail Page 22
  • GREATER CHINA/INDIA
    • Article
      Lock icon Indian Supreme Court allows land for projects
      441 22 Reuters Posco can use forest land for steel plant; Vedanta can mine bauxite in hills [NEW DELHI] Hurdles blocking two major projects, including India's biggest foreign investment, were cleared by the Supreme Court last Friday despite protests from farmers and an ancient tribe
      – Reuters  -  441 words
    • Article, Illustration
      Lock icon HK warns of downside risks to economic growth
      378 22 -Reuters [HONG KONG] Joseph Yam, head of Hong Kong's central bank, last week warned of downside risks to the territory's economic growth, echoing analysts' views that the city is now vulnerable to global headwinds. "We do not rule out that economic growth
      -Reuters  -  378 words
    • Article
      Lock icon DreamWorks set to partner Reliance
      161 22 -Reuters [MUMBAI] A deal between Steven Spielberg's Dream Works SKG and one of India's largest entertainment conglomerates to set up a new film company is on the verge of completion, The Wall Street Journal reported last Saturday. The deal with Mumbai-based Reliance ADA Group is
      -Reuters  -  161 words
    • Article
      Lock icon India eyes interest rate futures
      259 22 Reuters Plan is for contract to be based on 10-year govt bond [MUMBAI] India will introduce interest rate futures contracts based on the notional value of a 10-year government bond and foreign investors will be subject to an overall limit of US$4.7 billion, a central
      – Reuters  -  259 words
  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      326 22 If you are in any of these situations: You are entrusted to set up new business in Singapore, either with overseas or local partners, and don't know how and where to begin You want to focus on growing your business, you need a trusted partner to help keep watch and
      326 words
Page thumbnail Page 23
  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Outlook for Japan FDI inflows improving: Jetro
      560 23  -  ANTHONY ROWLEY Japanese firms also seal record levels of overseas merger and acquisition deals By in Tokyo THE outlook for inward foreign direct investment in Japan, including merger and acquisition (M&A) activity, is improving as deals reach new highs, according to the Japan
      560 words
    • Article
      Lock icon Berkshire Q2 profit falls on insurance
      546 23 Reuters 8% fall in net profit is its third straight quarterly decline [NEW YORK] Warren Buffett's Berkshire Hathaway Inc announced a third straight quarterly decline as profit fell 8 per cent as a result of weaker results from insurance underwriting. "This was a particularly
      – Reuters  -  546 words
    • Article
      Lock icon PRIME LENDING RATES
      397 23 Aug 8 BANKS ABN Amro Bank NY 5.5 Agricultural Bank Of China 5.5 ANZ Banking Group 6 Arab Bank PLC 5.5 Banca Di Roma Singapore branch 6.5 Banco Bilbao Vizcaya Argentaria, S.A 6 Bangkok Bank 6 Bank Julius Baer Co. Ltd(S) 5 Bank of America NA 5
      397 words
    • Article
      Lock icon UPS plans 10b euro bid for TNT: report
      254 23 Reuters [AMSTERDAM] US delivery company United Parcel Service is planning a 10 billion euro (5521.1 billion) bid for Dutch rival TNT NY a British newspaper reported yesterday. The latest in a long string of reports on both sides of the Atlantic that
      – Reuters  -  254 words
    • Article, Illustration
      Lock icon Georgia PM calls bankers to cool investor fears
      585 23 Reuters [MOSCOW] Georgia, whose credit ratings were cut last Friday after military clashes with Russia, was praised on Saturday by foreign investors, who contrasted its efforts to reassure them over the crisis with those of Russia. Western bankers said that since fighting
      Reuters  -  585 words
    • Article, Illustration
      Lock icon Google, Yahoo unveil parts of ad pact terms
      462 23 Reuters [SAN FRANCISCO] Google Inc and Yahoo Inc released on Friday excerpts of a pact covering their search advertising partnership that keeps secret financial terms and the extent of other ties between the two. In a filing with the US Securities and
      Reuters; AP  -  462 words
    • Article
      Lock icon US credit card industry facing tighter rules
      545 23 ■LATWP But some say Fed's proposed changes still falls short [WASHINGTON] Stricter regulation of the credit card industry will probably be approved by the end of the year, consumer advocates, members of Congress and banking officials said as the comment period on the
      ■LATWP  -  545 words
Page thumbnail Page 24
  • WORLD
    • Article, Illustration
      Lock icon CHILL TO THE MUSIC, BREDDA
      35 24 AFP REGGAE fans having fun at the 13th annual Reggae Sundance Festival in Eersel, near Eindhoven, on Saturday. The Reggae Sundance Festival is the biggest reggae festival in the Netherlands.
      AFP  -  35 words
    • Article
      Lock icon All eyes on ÜBS as it posts Q2 results
      534 24 ■AFP Flat showing expected; 3b Swiss francs tax credit to offset write-downs [ZURICH] Swiss banking giant ÜBS will unveil its second-quarter results tomorrow, still scarred from its sub-prime related "annus horribilis" and the loss of billions of dollars and wealthy clients.
      ■AFP  -  534 words
    • Article
      Lock icon NY deal with Merrill offers 'first aid' to muni issuers
      427 24 Reuters [CHICAGO/NEW YORK] New York's auction rate settlement with ÜBS AG includes the first recovery of money for the state's issuers who sold this debt and hired the giant Swiss bank as their underwriter, according to terms of the deal
      – Reuters  -  427 words
    • Article
      Lock icon Fannie, Freddie to buy fewer loans, especially riskier ones
      617 24 NYT [NEW YORK] Gaping losses at Fannie Mac and Freddie Mac are causing the two mortgage giants to slow their purchases of home loans at a time when the government is counting on them to help prop up the housing market.
      NYT  -  617 words
    • Article, Illustration
      Lock icon Create an RTC for troubled financial assets: Greenspan
      367 24 Bloomberg Aim is to minimise taxpayer losses in any govt rescue [SAN FRANCISCO] Former Federal Reserve chairman Alan Greenspan said that the government should create a company like the Resolution Trust Corp to sell off the assets of any failing financial institution,
      Bloomberg  -  367 words
  • Page 24 Advertisements
    • Advertisement
      Lock icon Page 24 Advertisements Column 1
      109 24 home greSl/t Motorola Mobile Phone W205 ronrariic *^V /s^|> (No contract) >^ when you 12 month J|jflfe subscribe! J HP^ subscription: V kSk H Lexon Trolley Bag^^ J 3-in-1 Breakfast Maker .^^Bl B subscription: jJ -Return XL Shinco SDP-1735 Coach Ride for 2 on Transtar Portable DVD Player +1N at
      109 words
Page thumbnail Page 25
  • AVIATION/SHIPPING
    • Article, Illustration
      Lock icon Turbulent skies looming for Chicago airport expansion
      492 25 -AP Airlines, main source of project money, baulking after sharp hike in fuel costs [CHICAGO] Soaring gas prices have claimed plenty of victims from SUV sales to stock market portfolios. They now threaten to claim another: the expansion of one of the world's
      -AP; AFP  -  492 words
    • Article
      Lock icon EU to publish list of items banned on planes
      414 25 AFP Cricket bats, fishing rods, skateboards, golf clubs, included [BRUSSELS] The European Commission announced last Friday that it would make public the list of items which passengers may not bring on planes as cabin baggage, ahead of an expected European court
      AFP  -  414 words
    • Article
      Lock icon VLCC rates sink to below Frontline's breakeven level
      311 25 Bloomberg [LONDON] Supertanker earnings fell to a fourmonth low and below the rate at which Frontline Ltd, the world's largest owner of the vessels, said it would break even. Rental income from very large crude carriers, or VLCCs, declined 0.8 per cent
      – Bloomberg  -  311 words
    • Article
      Lock icon BA confident of antitrust immunity for AA alliance
      322 25 Reuters [LONDON] British Airways pic (BA) is confident that it can lodge an application in the US to seek antitrust immunity for an alliance with American Airlines (AA) this week, a source familiar with the matter said. The source said that talks
      Reuters  -  322 words
    • LOGBOOK
      • Article
        Lock icon Order cancelled for delayed Boeing 787
        161 25 Reuters [NEW YORK] Boeing Co has announced the first cancellation of an order for its delayed 787 Dreamliner, signalling that airlines may be getting impatient for deliveries of the new, fuel-efficient plane. The US aircraft maker, which updated its online order book last Thursday,
        – Reuters  -  161 words
      • Article
        Lock icon United pilots complain about maintenance
        57 25 Reuters [LOS ANGELES] The United Airlines pilots union sent a letter to the Federal Aviation Administration (FAA) last week saying four recent engine failures or compressor stalls may indicate the airline's maintenance standards have deteriorated, the Wall Street Journal reported last Friday. United Airlines, a
        Reuters  -  57 words
      • Article
        Lock icon Cathay Pacific hedges fuel costs with options
        78 25 Bloomberg [HONG KONG] Cathay Pacific Airways Ltd said last Thursday that it had options in place covering 50 per cent of its fuel needs for the rest of 2008, after reporting its first loss in five years because of record fuel costs. The
        – Bloomberg  -  78 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2479 25 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnar "y (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bh RBA), BO Bouraq Airlines (BOU), BR
      2,479 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      361 25 CRYPTIC CROSSWORD ACROSS 5 Inconsiderate employee pre- I viously not working (7) BH BH BH BH BH BH 9 Artist having regular beat? —BB BB BB MB BB——BB BB 10 Sportsman's assistant with a BH BH HB BH BH BH pair of daughters in Cyprus __BH|__MB__^M-___BB__HH_HB__BB__ 11 Arabs destabilised ME
      361 words
Page thumbnail Page 26
  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      6032 26 Week ended: Aug 8 Hii »-wks Tel Low Code Comj Sale ('OOP) Hi i Low B'u; Seller C'vr P/E $mil 16 5.5 lilt Mte!.::::::::::::::::::::::::::::::: 2A5 io 8o sF°s ni c E 24 12 1938 AEI Corp 20.5 4.5 1100 AEM 37.5 15.5 2101 APOil 141 54.5 5550 ARA
      6,032 words
    • Article
      Lock icon SGX XTRANET
      71 26 52-Wk Tel High Low Code Last Sale Vol Cooo) Week lh Low Last Quote Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi _Hm 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech US200 US6200 230 6097 IS MSCI Spore 6101 ISS&P500 6170 SPDRS US1000
      71 words
    • Article
      Lock icon SGX CATALIST
      1949 26 52-Wk Tel |h Low Code Last Sale Vol Cooo] leek I Low Bu1 .ast Quote /er Seller Div C'vr Net P/E flCap $mil Hii Comi >an< Hii 20 11.5 1181 s AAGrp 31 15 5000 s ABR Hldgs 32 18 8538 s APStrategic 10 2.5 1501 s Advanced
      1,949 words
    • Article
      Lock icon CLOB INTERNATIONAL
      219 26 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalist N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum
      219 words
  • Page 26 Advertisements
    • Advertisement
      Lock icon Page 26 Advertisements Column 1
      25 26 Sole Distributor Service Centre: AUDEMARS PJGUET (SINGAPORE) PRIVATE LIMITED ...jgfl 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 "^VfIH BJp!?"^*^
      25 words
Page thumbnail Page 27
  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 27 In local curr In S$ In US$ dy yr dy yr dy yr Index Change Change Change Change Change Change Au; World Index Preliminan 960.4 0.7 -15.1 0.8 -17.0 -0.1 -15.1 EAFE Preliminai 910.1 0.4 -18.8 -0.4 -20.0 -1.3 -18.1 Euroi Preliminan 1246.5 0.5 -19.2
      365 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      133 27 As at 9am Aug 8 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2520 1.2660 Can dollar 1.3190 1.3350 Euro 2.1170 2.1420 NZ dollar 0.9800 1.0010 Sterlini ind 2.6930 2.7250 US dollar 1.3910 1.4070 Local dollars to 100 units of foreign
      133 words
    • Article
      Lock icon INTERBANK RATES
      167 27 Aug 8 fer Overnight 5/8 1-month 3/4 2-months 15/16 3-months 1 Overnight mode: 9/16 US$ Offer 1/2 5/8 13/16 7/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months >—■. I. $Au 2.45 2.62 2.85 3.03 3.20 3.30 3.40 Offer 2.35 2.52 2.75 2.93
      167 words
    • Article
      Lock icon STOCK INDEX FUTURES
      24 27 AugS ten Hii Sett STI SIMSCI Am 343.9 347.8 344.1 Taiwan Aui 268.2 280 278.3 Source: MF Global (S) He. Ltd
      24 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 27 AugB SS Bid Offer 1-month 1.3973 1.3977 2-months 1.3952 1.3957 3-months 1.3932 1.3937 6-months 1.3877 1.3883 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      157 27 Aug 8 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2498 1.2503 0.8930 0.8933 Canadian dollar 1.3245 1.3251 0.9464 0.9468 Euro 2.1226 2.1232 1.5167 1.5170 NZ dollar 0.9831 0.9838 0.7025 0.7029 Sterlin. 2.7016 2.7025 1.9304 1.9309 US
      157 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      308 27 Aug 8 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES SepO8 DecO8 MarO9 JunO9 96.9400 96.7650 ***** ***** 8997 4238 EUROYEN TIBOR FUTURES SepO8 99.170 99.170 DecO8 99.225 99.230 MarO9 99.220 99.230 JunO9 99.220 99.280 SepO9 99.160 99.185 DecO9 99.100 99.100 Mar10 Jun10 99.170 99.205 99.215 99.195
      308 words
    • Article
      Lock icon SICOM FUTURES
      275 27 Aug 8 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Sep 08 Oct 08 Nov 08 Dec 08 Jan/Mar 09 Apr/Jun 09 413.25 410.50 407.00 405.25 403.50 405.00 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open
      275 words
    • Article
      Lock icon INTERBANK CROSS RATES
      466 27 Aug 8 AS CS Rmb Euro HKS IndRsRu Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound us: Australia 0.944 6.130 0.589 6.976 37.740 81.857 0.981 9.181 2.950 1.271 64.887 39.549 1.250 6.794 0.958 27.815 30.077 0.463 0.893 Canada 1.060 6.496 0.624 7.393
      466 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 27 Aug 8 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****F 06.11.08 1-Year BY*****N 04.05.09 0.47 0.75 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hio Day's cjh Low 2-Year NX*****T 4.625 5-Year N *****0V 1.625 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X
      88 words
    • Article
      Lock icon PRECIOUS METALS
      137 27 Aug 8 GOLD (USS/oz) Aui 08 Aui 07 Hong Kong London 864.10 881.30 865.10 882.30 Aug 08 Aug 07 851.80 872.40 853.00 873.30 Source: Reuters CAST BAR (S$) Aug 08 Buying Sellini Kilobar "42,044.58" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1
      137 words
    • Article
      Lock icon CHICAGO BOT
      101 27 AugSl SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Aug 08 1199.00 1243.00 1220.00 1190.50 Sep 08 1177.00 1234.50 1199.00 1173.00 Nov 08 1180.50 1239.00 1205.00 1174.00 Jan 09 1198.25 1256.75 1220.00 1192.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 08 50.39 52.09 50.80 50.25
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      77 27 CRUDE OIL PRODUCTS Aug 7 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 118 2.38 WTI (Near Mth) 119.78 1.33 Dubai (1-Mth F) 116.31 -0.14 Tapis blend 127.75 0.25 Minas 120.7 0.25 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 111.35 141.00 0.65 -1.55 US$/barrel Opec Oil
      77 words
    • Article
      Lock icon SIBOR
      74 27 AugS (US$) (SS) 2.***** 0.***** 6mths 1.***** 9mths 1.***** 12mths 1.***** 1 mth 2 mths 2.***** 0.***** 3 mths 2.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs 3.***** 7yrs
      74 words
    • Article
      Lock icon PALM OIL
      64 27 Aug 8 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hi Vol Open Done Position Low Aug 08 2852 Sep 08 2797 Oct 08 2806 Nov08 2790 Total o/p: ***** contracts 2787 2852 2850 2785 2850 2772 2779 2864 2767 2780 2860 2765 Turnover:
      64 words
    • Article
      Lock icon LONDON METALS
      69 27 AugS Co iri iiuiii, yy.i (US$/tonne) Close Previou: Cash 2799.80 2868.21 3 months 2850.00 2918.01 Copper, Grade A (US$/tonne) Cash 3 months 7523.00 7400.00 7810.01 7665.01 Lead (US$/tonne) Cash 3 months 1983.50 1974.00 2137.51 2125.01 Nickel (US$/tonne) Cash 3 months *****.00 *****.01 *****.00 *****.01 Tin (US$/tonne) Cash *****.00
      69 words
    • Article
      Lock icon LIFFE
      73 27 AugB\ COCOA (£/tonne) Close Prev Hii ih/Low SepO8 1463 1495 1503/1457 Dec 08 1467 1503 1515/1464 Mar 09 1464 1499 1504/1461 May 09 1469 1504 1506/1468 COFFEE (US$/tonne) Close Pev High/Low SepO8 2325 2375 2371/2317 Nov08 2312 2361 2354/2305 Jan 09 2270 2305 2297/2261 SUGAR (US tonne) White Close
      73 words
    • Article
      Lock icon BONDS & WARRANTS
      3754 27 BONDS WARRANTS Tel Code Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ('000) Ratio Price ing Left 2058 Advance Modules GrpW*****3 2036 Advance SCT Ltd W*****9 ArianeCorp Ltd W*****9 9092 Asia Environment W*****4 4481 Asia Water Tech Ltd W*****0 3816 SAsiasons Capital Ltd W*****7 8756 Asiatic
      3,754 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Lock icon Page 28 Advertisements Column 1
      2634 28 The Business Times Shipping Times 4k VH HIWf^ffISSPf^PWfnHSWH WAN HAI INTERNATIONAL PTE LTD a NO: N*****0000/r lira BJllliaillßli-UißlM^^^ %r ■>■-« TEL *****588 (14 LINES) FAX:*****163 wk> fl^ffV|n IPPV i^kk^H WkWifaStWmsfSßifsCSn \\\N>lf\fAN HAI INpN Cusloinet Setvke/Booliing« Direcr line <IS00) *****200 I A rfC I I UIUCfCI HbBHRS^^MBI^SH V VVnll Flnl LllltJ
      2,634 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Lock icon Page 29 Advertisements Column 1
      3342 29 RICKMERS-LINIE »-h «h,, |TJTjr\ EASTERN CAR LINER, LTD I®) £J®3Sl^ Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com Hi 1 I 1 USAService If- I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS WEEKLY EXPRESS SAILING SCHEDULE Vessel I Vov SIN I ALT I HOU I NEW I JAX I ORF I
      3,342 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Lock icon Page 30 Advertisements Column 1
      4601 30 WSM nißlß b AMMmm, ~Z== I wifiMSiHiMpl m^^m^KfS!T!WS!ISK9MSfM MIIII HH north west express line »#-4fc*»wrtsia/**i MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [lilts aBI ABBIVaL Halts SINCE 1970 Hf^ffi I VESSEL I VOY Singapore Eremantle Cocos Island Christmas Island Pasir Gudang OWNS OPERATES THE YOUNGEST FLEET (|fcg||g||^j|jjj|g^^^^ ll l[|.- l[:-:ni
      4,601 words
Page thumbnail Page 31
  • BizIT
    • Article, Illustration
      Lock icon High-end gadget sales sizzle in H1
      862 31 Electronic goods remain in high demand among Singaporeans who appear unfazed by economic woes that are plaguing other parts of the world, reports WINSTON CHAI THE economic storm clouds gathering in other parts of the world have not dampened Singaporeans' appetite for buying tech
      862 words
    • Article, Illustration
      Lock icon 7-Eleven's mobile offering ups retail ante: analyst
      706 31 By ONG BOON KIAT DESPITE its strong retail muscle, with more than 400 stores in Singapore, 7-Eleven's new prepaid mobile phonecard offering is not expected create big ripples in the local telco scene but could gain in other ways, a senior Gartner analyst
      706 words
    • <what's new>
      • Article, Illustration
        Lock icon Sony launches Hi-Fi system with built-in hard disk
        121 31 SONY is tuning in to the digital media trend with the launch of the new Giga Juke NAS-E3SHD. The Hi-Fi system comes with a built-in 80GB (gigabyte) hard disk capable of storing up to 15,000 songs. It promises to function like a
        121 words
      • Article
        Lock icon Samsung sharpens focus with 8-megapixel camera phone
        126 31 SAMSUNG is blurring the lines between cameras and phones with its new InnovB handset. The phone comes with a built-in eight megapixel camera, the highest-resolution camera that is available in a phone today. Besides taking razor-sharp pictures, the InnovB is packed with other
        126 words
      • Article, Illustration
        Lock icon HTC releases software upgrade for Touch Diamond
        86 31 HTC has released a new ROM upgrade for its popular Touch Diamond smart phone. Available for download on the company's e-Club website, the software enhancement will improve the phone's switching and response speed, as well as the loading times for Web pages. An
        86 words
      • Article, Illustration
        Lock icon LG launches new multimedia workhorse
        90 31 LG has launched the R4lO, the latest addition to its family of entertainment notebooks. The new laptop is powered by Intel's Centrino2 or Montevina platform and comes equipped with an Nvidia Geforce 9300 M graphics card to enhance gaming and movie playback. The multimedia prowess
        90 words
      • Article, Illustration
        Lock icon Lenovo unveils ultraportable IdeaPad notebooks
        152 31  -  WINSTON CHAI LENOVO has become the latest PC maker to latch on to the ultraportable trend with the launch of its new Idea Pad notebooks. The company's new Idea Pad S9 and SlO are laptops designed to complement a user's primary desktop or notebook by
        152 words
    • <what's up>
      • Article
        Lock icon Compuware to host ITSM conference
        65 32 COMPUWARE Corporation will be holding its IT Service Management (ITSM) Roadshow 2008 in Singapore on Aug 19. To be held at the Ritz Carlton Millenia, the event will provide participants with insights on global best practices around ITSM such as IT Service Library V 3
        65 words
      • Article
        Lock icon 48 students receive IDA scholarships
        68 32 THE Infocomm Development Authority (IDA) of Singapore has given out its National Infocomm Scholarship (NIS) to a crop of 48 students. Unlike most scholarships, NIS is supported by 27 organisations from the public and private sectors and provides recipients with industry-specific mentorship and employment opportunities
        68 words
      • Article
        Lock icon JobsDB buys streetdirectory.com
        56 32 RECRUITMENT portal JobsDß has acquired Singapore-based online map provider Streetdirectory.com. With the acquisition, all mapping functions on Streetdirectory.com have been rebuilt to better cater to local users. The mapping site was previously embroiled in a legal tussle with the Singapore Land Authority on copyright issues pertaining to
        56 words
      • Article
        Lock icon ST701 clinches top spot in Hitwise ranking
        79 32  -  WINSTON CHAI SINGAPORE Press Holdings' online classifieds portal ST7OI has emerged tops in a new ranking published by online research specialist Hitwise. ST7OI clinched the No 1 spot in the the shopping and classifieds category with a market share of 8.22 per cent,
        79 words
    • Article
      Lock icon More hackers may take aim at Apple: analyst
      483 32 -AFP [LAS VEGAS] Security specialists said last Saturday that hackers are taking increasing aim at iPhones and Macintosh computers as the hot-selling Apple devices gain popularity worldwide. Hackers have historically focused devious efforts on computers using Windows operating systems because the Microsoft
      -AFP |  -  483 words
    • Article, Illustration
      Lock icon Software firm SAP posts 31 % regional growth in Q2
      1006 32  - Software firm SAP posts 31 regional growth in Q2 AMIT ROY CHOUDHURY Company's global growth engine is in APJ, says regional head By GERMAN software major SAP's Asia Pacific-Japan (APJ) unit exceeded growth expectations in the second quarter of this year with total revenue up 31 per cent to 399
      1,006 words
    • Article
      Lock icon An ounce of prevention is worth a tonne of cure
      775 32  -  DARRIC HOR &lt;you say&gt; With data loss prevention solutions, an organisation can say goodbye to unsecured data By DATA loss prevention is on the minds of CIOs across Asia. A Symantec poll conducted in November 2007 showed that the rapid
      775 words
  • Page 31 Advertisements
    • Advertisement
      Lock icon Page 31 Advertisements Column 1
      83 31 ayey I Bum "■'L^IS" ERP gantry locations and prices szc says but naTHinc that she catvt H^nffiE!.' Live traffic news Tune in to the New Morning Show. Building name and block numbers Shake Bake with Suz and Sheikh. Monday to Friday, 6AM -10AM. Shortest and quickest routes RADQO 100% PURE
      83 words
  • Page 31 Miscellaneous
Page thumbnail Page 32
Page thumbnail Page 33
  • BizIT FOCUS
    • Article, Illustration
      Lock icon Taking cost out of the system
      2283 33 Business Process Management coupled with SOA is a great combination, writes AMIT ROY CHOUDHURY IN today's highly competitive world, companies are looking at ways to take costs and time out of their systems in order to respond to rapidly changing markets. Companies are also
      THE STRAITS TIMES FILE PHOTO  -  2,283 words
  • Page 33 Advertisements
    • Advertisement
      Lock icon Page 33 Advertisements Column 1
      23 33 This is brought to you by IBM The Innovators' Innovator A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs@sph.com.sg, Fax 6746-1925.
      23 words