The Business Times, 18 March 2009
This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.
2009-03-18
1
30
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section23 2009-03-18 1 THE BUSINESS TIMES Ssl.oo online at http://www.businesstimes.com.sg mm A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 197/08/2008 Wednesday, March 18,200923 words
-
789 2009-03-18 1 CHEWXIANG - CHEWXIANG Companies might now not be able to rely on the usual responses, but this could put some in a spot By [SINGAPORE] The Singapore Exchange (SGX) yesterday handed down a rare public reprimand to Neptune Orient Lines (NOL), saying the shipping789 words
-
605 2009-03-18 1 LYNETTE KHOO - LYNETTE KHOO Issues getting more complex and risk of fraud going up By [SINGAPORE] As audit firms venture into more complex areas in these volatile days, their fees have gone up. Some sources say that fees could rise by as much as 10 per605 words
-
MARKETS DIGEST
-
Article26 2009-03-18 1 Bloomberg Singapore 5.38 MALAYSIA 5.53 HONG KONG 5.00 XT. IS S. -5 BRITAIN 0.50 US 3.25 CANADA 2.50 SWITZERLAND 0.52 INDIA 12 .25 Source:Bloomberg - 26 words
-
Article48 2009-03-18 1 uesi lay lange I COMP 841.87 +0.99 IIKKEI 225 7,949.13 +244.98 IANG SENG 12,878.09 -98.62 ;et INDEX 422.32 -2.29 JAKARTA COMP 1,312.09 -12.76 1ANILA COMP 1,759.33 -10.34 ;eoulcomp 1,163.88 +38.42 ;henzhenb 333.07 +12.04 IUMBAI IND 8,863.82 -79.72 12 noon EDT Chant )OW 7,248.51 +31.54 IASDAQ 1,423.71 +19.6948 words
-
Article44 2009-03-18 1 IS$ (S$ per US$) 1.533 (US$/S$ per 1.404 2.152 :uro (USS/SS/E) 1.299 1.991 Foreign currency per US$ S$ 'EN 98.70 64.40 3.670 2.395 IK$ 7.753 5.059 !AHT 35.80 23.36 lUPIAH 11,970 7,811 lENMINBI 6.837 4.461 INDIAN RUPEE 51.36 33.51 1.515 0.989 1.881 1.22844 words
-
-
Page 1 Advertisements
-
Advertisement226 2009-03-18 1 "I believe it's a result of putting your whole self into your work." Best Private Bank 2008 Josephine (Obin) Komara, responsible for the renaissance of batik as an haute-couture fabric, Awarded by FhanceAsia Solo, Indonesia Best Boutique Private Bank Ask Indonesia's Josephine Komara about making her acclaimed and precious fabrics,226 words
-
Page 1 Miscellaneous
-
Miscellaneous98 2009-03-18 1 SPORE ECONOMY ANALYSIS |/-*J| CFO CONVERSATION CORTINA #^3 The numbers to watch: The odd man out The last instalment WATCH HEIST .:.faj| q-o-q figures in M'sian politics 1^ in our series Suspect Jerry Ec x x page 2 page 21 f£,Jmi page 30 surrenders page 3 TransportHUß Strait Talk: Celebrating98 words
-
-
TOP STORIES
-
Article, Illustration524 2009-03-18 2 CHUANG PECK MING - CHUANG PECK MING But the 23.7% drop in February is lower than that forecast by economists By [SINGAPORE] Non-oil domestic exports (NODX) again fell by double digits last month, suggesting the recession has deepened. In a 10th straight monthly decline, NODX tumbledIE Singapore - 524 words
-
THREE-MINUTE DIGEST
-
81 2009-03-18 2 THE Singapore Exchange yesterday handed down a rare public reprimand to Neptune Orient Lines, saying the shipping group had not done enough to quell market rumours last week that it was seeking to raise US$25O million from a rights issue. But market81 words
-
47 2009-03-18 2 AS audit firms venture into more complex areas in these volatile days, their fees have gone up. Some sources say that fees could rise by as much as 10 per cent this year as audit processes become more onerous. FRONT PAGE47 words
-
58 2009-03-18 2 SINGAPORE'S key non-oil domestic exports extended their double-digit fall in February, signalling the country's worst recession in decades has deepened. Non-oil domestic exports tumbled 23.7 per cent from a year ago to $9.73 billion the 10th straight monthly decline according to the latest58 words
-
77 2009-03-18 2 CORPORATE hunters are out in force looking for good deals. This means there could be more transactions in the second half of the year on the merger and acquisition front, led by outfits from China, India and South-east Asia. A77 words
-
76 2009-03-18 2 THE slide in premium seat sales that started to hit airlines about six months ago has turned into a virtual collapse, with Asian carriers affected the most. The number of people flying first or business class plunged 16.7 per cent in76 words
-
36 2009-03-18 2 SINGAPORE Telecommunications has pumped in another US$25 million into Pacific Bangladesh Telecom Limited to take its total investment in this overseas associate to US$l43 million. COMPANY NEWS, PAGE 536 words
-
44 2009-03-18 2 SENTOSA Development Corporation said yesterday it will give its tenants a 15 per cent rent rebate. The move backdated to Jan 1 and effective until the end of this year will benefit 47 tenants. SINGAPORE NEWS, PAGE 844 words
-
63 2009-03-18 2 CHINA'S official foreign exchange reserves recorded their biggest monthly drop in at least nine years in January, a source familiar with the situation told Reuters yesterday. The source said provisional figures showed it was greater than the U5525.9 billion fall last63 words
-
-
395 2009-03-18 2 Bloomberg LATEST US DATA Work begins on 583,000 homes, a 22% rise from Jan [WASHINGTON] Housing starts in the US unexpectedly snapped the longest streak of declines in 18 years in February, adding to signs that the pace of the economy's decline mayBloomberg - 395 words
-
125 2009-03-18 2 ■AP [PARIS] Governing body FIA says that Formula One's championship will be decided by the number of race wins and not accumulated points. The current points system will remain in effect to determine the driver's title in the case of a tie,■AP - 125 words
-
659 2009-03-18 2 ANNA TEO - ANNA TEO COMMENTARY They identify turning points much faster during uncertainty By ANOTHER month, another debilitating plunge in output and exports. In this season of economic anxiety, the next key indicator on the watch list is the first quarter's gross domestic product (GDP)659 words
-
588 2009-03-18 3 OH BOON PING - OH BOON PING Sectors of interest to acquirers include consumer-driven ones: E&Y study By [SINGAPORE] Corporate hunters are out in force looking for good deals. This means there could be more transactions in the second half of the year on588 words
-
Article, Illustration291 2009-03-18 3 EMILYN YAP - EMILYN YAP By [SINGAPORE] The hunt for a former Cortina Holdings employee who allegedly went missing with almost $8 million of luxury watches in December last year has ended. Jerry Ec surrendered at the Singapore embassy in Bangkok yesterday and isINTERPOL - 291 words
-
581 2009-03-18 3 ■AP Strict limits sought on next USs3ob of AIG bailout money [WASHINGTON] US President Barack Obama called AIG reckless and greedy during a blistering attack in which he pledged to try to block the insurance giant from handing its executives millions of dollars■AP - 581 words
-
-
Page 2 Advertisements
-
Advertisement306 2009-03-18 2 fDA FORUM towards better Date Thursda 2April2oo9 A r\2 o o 9 governance and transparency Time 900am-1230pm Venue NTUC Business Centre Auditorium, Level 7 CPA Forum 2009 is a collaboration Opening Address and Award Presentation by Guest-of-Honour 1 Marina Boulevard between The Business Times, Mrs Lim HweeHua, Senior Minister of306 words
-
-
Page 3 Advertisements
-
Advertisement120 2009-03-18 3 %-vV it's one tiny, two-letter word that makes amazing things happen, go is action, it's the if \f spark that starts the flame that sets everything in motion, go gets us to try things we've always wanted to try. go keeps us going no matter what life throws our way.120 words
-
-
COMPANY NEWS
-
Article, Illustration540 2009-03-18 4 YEN SREENIVASAN - YEN SREENIVASAN Number of people flying first or business class fell 16.7% in January By THE slide in premium seat sales that started to hit airlines about six months ago has turned into a virtual collapse, with Asian carriers affected theFILE PHOTO - 540 words
-
581 2009-03-18 4 TEH SHI NING - TEH SHI NING It cites UOB, Suntec Reit, and Parkway By AFTER recent cash calls by Temasek-linked companies DBS Group, Capita Land and Chartered Semiconductor, non-Temasek names such as United Overseas Bank (UOB), Suntec Reit and possibly Parkway Holdings could follow suit, according581 words
-
524 2009-03-18 4 SIOW LI SEN - SIOW LI SEN DBS Group Holdings has joined the ranks of companies to offer a dividend scrip scheme in an effort to conserve cash amid rising defaults in Singapore's worst recession. In itself there is nothing wrong with trying to preserve cash524 words
-
326 2009-03-18 4 JESSICA YEO - JESSICA YEO Last month itself saw 54% y-o-y fall in ADTtosB3lm By THE average daily turnover (ADT) of the Singapore Exchange (SGX) continues to be weak, with last month itself seeing a 54 per cent year-on-year fall to $831 million, says a Kirn326 words
-
Article, Illustration404 2009-03-18 5 WINSTON CHAI - WINSTON CHAI Total investment in PBTL now stands at USsl43m; stake unchanged at 45% By SINGAPORE Telecommunications (Sing Tel) has pumped in another US$25 million into Pacific Bangladesh Telecom Limited (PBTL) to take its total investment in this overseas associate to US$l43 million. TheFILE PHOTO - 404 words
-
Article, Illustration318 2009-03-18 5 JOYCE HOOI - JOYCE HOOI By TUNG Lok Restaurants is expecting to report a loss for the financial year ending March 31. In a business update yesterday, the food and beverage group cited the following reasons for the expected loss: (a) the current economic slowdown, whichFILE PHOTO - 318 words
-
386 2009-03-18 5 ARTHUR SIM - Shangri-La Asia profit falls 51 to USsl66m ARTHUR SIM It posts 11% rise in revenue due to better room yields By SHANGRI-LA Asia has reported a net profit of U*****.9 million for the year ended Dec 31, down 51 per cent from U*****.9 million a year ago. Total sales for386 words
-
346 2009-03-18 7 EMILYN YAP - EMILYN YAP as." Loan will be used to finance cocoa/coffee ops, capital needs in Nigeria, Ivory Coast By AGRICULTURE supply chain manager Olam International has renewed a one-year revolving multicurrency trade facility and upsized it to US$l7O million. It said yesterday thatas." - 346 words
-
300 2009-03-18 7 Firm's redundancy programme to see loss of 200 jobs WORKERS at Keppel Corp's Keppel Cebu Shipyard in the Philippines filed a strike notice on Monday after the announcement of a redundancy programme that would see the loss of some 200 jobs. According to the300 words
-
233 2009-03-18 7 VICTOR KATHEYAS - VICTOR KATHEYAS City e-Solutions unit pulls out of loss-making firm By CES Education Holdings (CES), in which City Developments Limited (CDL) has a controlling interest, has entered into an agreement to dispose of its 50 per cent stake in Mind Champs Holdings for233 words
-
277 2009-03-18 7 LIEWAIQING - LIEWAIQING By SINGAPORE'S homegrown search and directory engine, Rednano.sg, is marking its first anniversary with a redesign of its website and a new advertising network. From today, visitors to www.rednano.sg will be greeted by a new home page. Icons of each section277 words
-
COMPANY BRIEFS
-
77 2009-03-18 7 CAPITALAND yesterday said that its rights issue is 122.1 per cent subscribed, and added that Temasek Holdings has taken up its entire pro rata entitlement of 560.2 million rights shares, representing 39.68 per cent of the total number of rights shares available. Capita Land also77 words
-
73 2009-03-18 7 ASIA-PACIFIC Strategic Investments yesterday proposed a renounceable underwritten rights issue of 590 million warrants at an issue price of one cent each on the basis of one warrant for every one share held. Each warrant carries the right to subscribe for one new share at73 words
-
79 2009-03-18 7 HSU Fu Chi International said yesterday that the Guangdong provincial government has issued the "High and New Technology Enterprise Status" to its wholly owned subsidiary, Dongguan Hsu Chi Food Co Ltd. The grant, valid till 2010, will allow Dongguan Hsu Chi to enjoy79 words
-
59 2009-03-18 7 NEL Group said yesterday that the Singapore Exchange has granted it more time to announce its FYOB financial statements and to hold its annual general meeting. The company is to release the financial statements no later than May 30, 2009, and to59 words
-
54 2009-03-18 7 ASCENDAS Real Estate Investment Trust updated yesterday that it has used around $3.4 million of gross proceeds of about $108.7 million from its recent preferential offering to partially fund development projects at Plot 8 Changi Business Park and a built-to-suit facility in54 words
-
35 2009-03-18 7 SUBSTANTIAL shareholder in Sino-Environment Technology Group, Dnß NOR Asset Management (Asia), yesterday reduced its holdings from 18,753,000 shares (5.42 per cent of issued share capital) to 7,835,000 shares (2.26 per cent).35 words
-
37 2009-03-18 7 ORIENTAL Century yesterday clarified that its former executive chairman, director and CEO Wang Yuean resigned with effect from March 11, 2009, not March 10 as was stated in an earlier announcement.37 words
-
-
220 2009-03-18 7 CAPITALAND, one of Asia's leading real estate companies, will participate in Earth Hour on Saturday, March 28. Capita Land properties will mark the occasion by turning off their facade lights for an hour. These properties include 13 Capita Land retail malls including Raffles220 words
-
-
Page 4 Advertisements
-
Advertisement105 2009-03-18 4 Discover medical excellence and retail therapy under one roof Paragon Medical houses over 60 world-class specialists who are delighted to serve you with utmost attention, delivering standards that can only be exceeded by their medical precision. Experience medical exclusivity at its best, a perfect complement to unrivalled shopping enjoyment at105 words
-
-
Page 5 Advertisements
-
Advertisement93 2009-03-18 5 wouldn't it be great if you could access your own money anywhere in the world? l% J^^^^^^^y/^m^^^^^'^^J^^^W^^^ 9° with your own money- when y°u use y°ur Visa Debit card to make payments or withdraw cash overseas, the amount is deducted directly from your bank account back home, so now you93 words
-
-
SINGAPORE MARKETS
-
Article, Illustration724 2009-03-18 6 LARRY WEE - LARRY WEE CURRENCIES A But is it something more than just position adjustments for the end Ql '09? DOUBLE-digit gains for Japanese and US stocks over the past week, in combination with aggressive Swiss central bank action, has brightened the mood considerably in724 words
-
Article222 2009-03-18 6 The week's changes YtAKIOUAIt MARCH 17'09 HIGH LOW CLOSE CHNG US$ VS CURRENCY JPY 98.52 0.06 112.05 87.11 SGD 1.5338 -0.38 1.5579 1.3457 IDR ***** -0.13 ***** 9035 THB 35.80 -0.69 36.28 31.00 CNY 6.8372 -0.05 7.2085 6.8099 MYR 3.6750 -0.48 3.7330 3.1310 CURRENCY vsUSS Euro 1.2991222 words
-
Article94 2009-03-18 6 Up Down Unch Up Down Unch Up Down Unch Multi Ind 3 10 4 0 0 0 3 10 4 Manufacturing 29 50 50 37 54 55 Commerce 11 14 21 12 14 25 )t/Stor/Comms 17 18 Finance 12 10 12 10 Construction 11 12 Properties 1794 words
-
Article114 2009-03-18 6 TURNOVER ('000) MAIN SDQ TOTAL VALUE ('000) SDQ TOTAL MAIN Multi Ind 14.464 14.464 37.345 37.345 Manufacturing 218.910 17.043 235.953 76.736 296 77.032 Commerce 54.520 4.918 59.438 64.799 552 65.351 Tpt/Stor/Comms 62.684 177 62.861 92.982 92.988 Finance 42.527 42.527 239.900 239.900 Construction 21.632 12.321 33.953 744 73114 words
-
Article118 2009-03-18 6 Stock name Close Cham Stock name Close Cham litaLand 2.070 -0.090 Noble Gn 1.060 +0.010 litaMall 0.995 +0.005 OCBC Bk 4.370 -0.150 :it> 'Dev 4.880 -0.260 Olam 1.360 +0.060 ]osco Con 0.745 -0.015 S I A 9.870 -0.270 IBS Gn 7.250 -0.300 SGX 4.650 -0.110 :&N118 words
-
Article224 2009-03-18 6 LYNETTE KHOO - LYNETTE KHOO Singapore Airlines March 17 close: $9.87 CIMB-GK, March 17 SIA announced very poor February operating statistics yesterday. Passengers carried fell 20.2 per cent y-o-y, and demand fell more rapidly than the 8.5 per cent reduction in capacity, leading to a 7.1 percentage points fall in passenger224 words
-
Article, Illustration592 2009-03-18 6 R SIVANITHY - R SIVANITHY STOCKS STOCKS yesterday displayed their customary volatile dependence on Hong Kong's Hang Seng Index for direction, resulting in the Straits Times Index first dropping 25 points, followed by a rebound into positive territory, before plunging to a nett592 words
-
Article86 2009-03-18 6 Mar 17 CHNG CLOSE FRMaM6 YR SSLOW R 2008/2009 S$ HIGH USS 1.5338 0.16 1.5579 1.3457 Euro 1.9926 -0.07 2.2064 1.8640 Pounds 2.1548 0.88 2.8431 2.0356 AS 1.0105 0.43 1.3251 0.9068 Yen* 1.5568 0.53 1.7278 1.2619 Rupiah* 0.***** 0.24 0.***** 0.***** Baht* 4.2844 0.02 4.4299 4.019086 words
-
Article62 2009-03-18 6 Mar 17 VALUE CLOSE BT OB/OS -281.00+22.00 BT CADI -*****.00 -31.00 BT 10-day MA -*****.00 -28.00 FTSE ST Mid Cap 305.88 -1.46 FTSE ST Small Cap 244.17 -0.13 FTSE ST All Share 370.34 -5.37 FTSE ST China Top 146.30 -1.35 FTSE ST China 140.30 -0.64 UOB Catalist62 words
-
Article59 2009-03-18 6 VOLUME Golden Agri 67,672,000 China Honqxinq 58,620,000 Straits Asia 38,725,000 RafflesEdu 37,621,000 Capita Land 32,621,000 Capita Mall R 26,463,000 Noble Grp 24,948,000 Yanlord 21,576,000 Sino-Env 18,148,000 UniFiber 17,343,000 VALUE(S) UOB 89,972,390 DBS Grp 73,551,014 Capita Land 69,127,960 SGX 39,628,320 Sing Tel 35,950,450 OCBC Bk 34,482,590 Straits Asia59 words
-
Article102 2009-03-18 6 CLOSE UP 8670 185.3 1.4 DBXT S&P Short 10US! OCBC Bk5.1%NCPS 100 9050 50.0 0.6 STXPO 100 893 33.0 3.8 JSH 905 30.6 2.3 Kej Con .ES.0903 444 29.0 7.0 Korea 10US! 230 21.4 6. Wilmar.ES.0903 310 19.0 6.5 QUE 890 13.0 1.5 Wilmar 314 12.0 4.0 Vicom 160102 words
-
Article115 2009-03-18 6 BY CENTS CLOSE DOWN GLD 10US$ 9060-107.2 -0.8 UOB 882 -53.0 -5.7 UOB 5.05%NCPS 100 9060 -40.0 -0.4 UOB.ES.0903 885 -31.0 -3.4 DBS Gr| 725 -30.0 -4.J OCBC Bk4.5%NCPS 100 8020 -30.0 -0.4 DBS.ES.0903 722 -29.0 -3.9 S I A 987 -27.0 -2.7 Cit 488 -26.0 -5.1 Venture Co115 words
-
-
Page 6 Advertisements
-
Advertisement284 2009-03-18 6 Hake the Host of Falling Markets. Trade FX with us, and you could be making gains whatever the markets do. How? By taking positions on changes in exchange rates, up or down, you can gain (or lose) without the risk of owning the assets. That's all it takes. So make284 words
-
-
Page 7 Advertisements
-
Advertisement116 2009-03-18 7 FINANCIAL REPORTING PAYROLL PROCESSING XBRL Filing Payroll Administration SWAT Accounting Leave Administration Routine Accounting GST Training Administration Reporting Staff Insurance Administration CFO2SME™ Claims Processing Business Crisis Management Employment Pass Work Permit Application STAFFING SOLUTIONS IT OUTSOURCING MANAGED SERVICES SAGE ACCPAC erp Technical Managed Services in Accounting Su PPort Implementation Services116 words
-
Advertisement129 2009-03-18 7 Acision ©ORRNceGum <fi| redhat "fc^f Red letter day: Rednano.sg hopes to help advertisers better engage with online customers Swiss quality also stands for knowledge. Ensuring your success ■v x^v^W with global mailings. ■fe^-^^R} MB-.iM mm mil b N^« V' jt3A\ iHL Swiss Post offers you cross-border mailing V^ options to129 words
-
-
SINGAPORE NEWS
-
267 2009-03-18 8 UMA SHANKARI - UMA SHANKARI SDC joins other govt agencies in channelling savings from property tax rebates By SENTOSA Development Corporation said yesterday it will give its tenants a 15 per cent rent rebate. The move backdated to Jan 1 and effective until the end of this267 words
-
261 2009-03-18 8 TEH SHI NING - TEH SHI NING Pick language early to maximise children's opportunities in life By WHILE English remains the key language here, fluency in Mandarin will allow Singaporeans to connect with the fast-growing economy of China, Minister Mentor Lee Kuan Yew said yesterday at261 words
-
406 2009-03-18 8 CHEN HUIFEN - CHEN HUIFEN Asia-Pacific sales up 23% last year; pace expected to hold up By DRUG company Bayer Schering Pharma (BSP) Asia Pacific said yesterday it is unlikely to be affected by the global economic downturn in a big way. "We are monitoring but406 words
-
Article, Illustration442 2009-03-18 8 THE National Art Gallery (NAG), which is slated to open in 2013, will be run as a company, similar to Singapore's most iconic artistic building, The Esplanade. The gallery will have full operational autonomy and its own board, to allowFILE PHOTO - 442 words
-
260 2009-03-18 8 THE Urban Redevelopment Authority concluded the public auction of two heavy vehicle parking lots yesterday at 9 and 11 Old Toh Tuck Road and received a whopping 242 bids. The sites were launched for sale by auction on Feb 18 on 10-year leases.260 words
-
288 2009-03-18 8 LOCAL drug discovery firm S*Bio has been presented the "Most Successful Bio-partnership" award by life sciences association Bio Singapore, the only homegrown firm to be named in the annual award which recognises leading biomedical sciences companies. S*Bio was chosen for having formed international288 words
-
236 2009-03-18 8 PANASONIC Semiconductor Asia is laying off 130 employees in Singapore, according to Channel News Asia. A report on the news agency's website yesterday evening said that the electronics company had begun handing out retrenchment notices at its Ang Mo Kio plant. It added236 words
-
Article189 2009-03-18 8 IF you're thinking of drowning your recession woes in a cozy bar over beer, consider doing so on April 8. Headhunt, an executive recruitment publication, is throwing one of Singapore's first Pink Slip party a recruitment concept that originated in the US during the dotcom crash189 words
-
-
Page 8 Advertisements
-
Advertisement19 2009-03-18 8 CATS Recruit 1 The first door to I p your world of opportunities I G J^ 6— RECRUIT I19 words
-
-
ECONOMY WATCH
-
481 2009-03-18 9 Reuters January drop reflects rise in USs's value, moving of funds by banks, firms abroad [BEIJING] China's official foreign exchange reserves recorded their biggest monthly drop in at least nine years in January, a source familiar with the situation told Reuters– Reuters - 481 words
-
450 2009-03-18 9 AP [SEOUL] South Korea has asked the United States to increase the amount and duration of a US$3O billion currency swap deal aimed at helping the East Asian country navigate the global credit crunch, an official said yesterday. Minister of StrategyAP - 450 words
-
Article, Illustration543 2009-03-18 9 Bloomberg Subordinated debt programme meant to revive lending [TOKYO] The Bank of Japan may provide as much as one trillion yen (5515.6 billion) of subordinated loans to banks to replenish capital depleted by falling stock prices and to revive lending. The central– Bloomberg - 543 words
-
333 2009-03-18 9 Reuters [WASHINGTON] The US Treasury is expected to propose within days the creation of a "systemic risk regulator", probably the Federal Reserve, to oversee banking and market problems that could threaten the economy. On both sides of the Atlantic, "tunnel vision" isReuters - 333 words
-
Article, Illustration567 2009-03-18 9 ANTHONY ROWLEY - ANTHONY ROWLEY By in Tokyo MANY of the world's biggest banks may have been rocked to their foundations by the current crisis but one institution that continues to go from strength to strength and to expand its loan book is Bangladesh's Grameen Bank,AFP - 567 words
-
-
Page 9 Advertisements
-
Advertisement148 2009-03-18 9 7 X l^w Fares shown are per person for a Business Class round trip inclusive of airport tax, insurance and fuel surcharge correct as of date of publication and may be subject to change due to currency fluctuation.Sales Period is from now to 16 April 2OO9.Travel Period is from now148 words
-
-
MALAYSIA/INDONESIA
-
Article, Illustration566 2009-03-18 10 S JAYASANKARAN - S JAYASANKARAN Malacca CM is barred from contesting in next week's party polls By! in Kuala Lumpur MALAYSIA'S International Trade and Industry Minister Muhyiddin Yassin has emerged as the front-run-ner for the deputy presidency of the United Malays National Organisation (Umno) after566 words
-
649 2009-03-18 10 PAULINE NG - PAULINE NG Challenging times ahead, but market diversification helps By in Kuala Lumpur MALAYSIA'S furniture manufacturers showed surprising resilience, growing 2 per cent last year in spite of the sharp slump in the American housing market. After raking sales of RM8.72 billion (553.6 billion)649 words
-
466 2009-03-18 10 Reuters [KUALA LUMPUR] As the global downturn drags on, battering investor confidence and asset values, Islamic finance markets are expected to increasingly favour the certainty of lease-based bonds over profit-sharing structures to minimise risks. With key sectors such as Dubai propertyReuters - 466 words
-
203 2009-03-18 10 Bloomberg [JAKARTA] PT Semen Gresik, Indonesia's biggest cement maker, said it may buy as much as 40 per cent of a rival in the region as demand slows at home and the global recession slashes acquisition costs. The acquisition may be valued atBloomberg - 203 words
-
Article, Illustration357 2009-03-18 10 AFP [KUALA LUMPUR] A veteran Malaysian opposition politician was yesterday charged with sedition after criticising a royal ruler's handling of a political power struggle in a northern state. Karpal Singh, the chairman of the Democratic Action Party (DAP) faces up to three yearsAFP; REUTERS - 357 words
-
-
Page 10 Advertisements
-
Advertisement1994 2009-03-18 10 A MATS W^NOTICE< CP PfiRPHRATinN I IMITFn Or liUnrUnnl IUII L.IITII ICU i jinviJii i uatci /ddiimtc\ i miTcn (Incorporated in the Republic of Singapore) LADYHILL HOTEL (PRIVATE) LIMITED (Company Registration No **********0 COMPANY REGISTRATION NO. ■TT^TJTTTWTTTTirnT^TTW'I^T^TrW i«Boo3hd NOTICE IS HEREBY GIVEN that trie 56* Annual General Meeting of SP1,994 words
-
-
GREATER CHINA/INDIA
-
Article, Illustration702 2009-03-18 11 Bloomberg [MUMBAI] Sanjiv Duggal, the HSBC Holdings pic investment director who oversees the world's largest India fund, said the Sensitive Index (Sensex) will rebound from a near threeyear low on cheaper valuations and government stimulus plans. Stocks will benefit as India's government pumpsBloomberg - 702 words
-
Article150 2009-03-18 11 Reuters [LOS ANGELES HONG KONG] Walt Disney Co has put the long-delayed expansion of its Hong Kong theme park on hold after failing to agree with the city's government on a cash infusion, the company said yesterday. Disney and the Hong Kong government have beenReuters - 150 words
-
486 2009-03-18 11 -Keuters The stadium is in danger of becoming a white elephant [BEIJING] Six months after 91,000 people packed the Bird's Nest to watch the closing ceremony of the Paralympics bring down the curtain on Beijing's Olympic Summer, its owners are struggling to-Keuters - 486 words
-
Article, Illustration878 2009-03-18 11 Bloomberg Share prices of mainland listed firms are nearly twice their HK prices [SHANGHAI] China, the world's best-performing stock market, is looking increasingly expensive after valuations climbed to the highest in a year, compared with mainland companies traded in Hong Kong. StocksBloomberg; REUTERS - 878 words
-
-
Page 11 Advertisements
-
Advertisement151 2009-03-18 11 A member of gm| psb Acader It's about keeping pace with a tumultuous M ■■■■■■■■■I business world. Equip yourself with HliUliiilillßilliiii^l updated knowledge and a prestigious Master of Business Admin i Strat i On MBA to move ahead in your career. (General/Finance) PSB Academy and The University of *Awarded The151 words
-
WORLD
-
Article, Illustration539 2009-03-18 12 -AP ZEW survey says business outlook has improved, rising by 2.3 points [FRANKFURT] Germany's economy may have reached a low point and be poised to start a recovery this summer, a key indicator of investor sentiment suggested yesterday. The ZEW survey, released in part by the-AP; REUTERS - 539 words
-
291 2009-03-18 12 Reuters [BANGALORE] Anticipating restrictions on bonuses, officials at Citigroup Inc and Morgan Stanley are exploring ways to sidestep tough new federal caps on compensation, The Wall Street Journal said. Executives at these banks and other financial institutions that received government aid are discussing increasingReuters - 291 words
-
Article, Illustration432 2009-03-18 12 Bloomberg [STOCKHOLM] Mobilephone maker Nokia plans to cut 1,700 jobs in sales, marketing and some management functions to adapt to falling consumer demand. The company based in Espoo, Finland will start talks with unions about the cutbacks, Nokia said in a releaseBloomberg; REUTERS - 432 words
-
528 2009-03-18 12 ■NYT [NEW YORK] Goldman Sachs got its bailout. Now some of its bankers, those aristocrats of Wall Street, apparently need a bit of a bailout too. Goldman, which accepted billions of taxpayer dollars last fall and, as learned on Sunday, was also a big■NYT - 528 words
-
485 2009-03-18 12 LAT-WP He'll pitch economic policies, starting on 'The Tonight Show' [WASHINGTON] In a career studded with historic firsts, US President Barack Obama is preparing for yet another: hitting the late-night comedy circuit to pitch his economic recovery plan. It's hardly a laughing matter, withLAT-WP - 485 words
-
523 2009-03-18 12 LVVJ.J. VVJ.J. llljUlilj AP, Reuters [HONG KONG] British bank Standard Chartered has started the year "very strongly" but faces more challenges ahead as the world economy struggles through its worst downturn in decades, the company's chief executive said yesterday. Stanchart isLVVJ.J. VVJ.J. llljUlilj ■ AP, Reuters - 523 words
-
568 2009-03-18 14 Reuters Kovacevich says bank forced to take govt funds when it didn't need to [NEW YORK] Wells Fargo Co chairman Richard Kovacevich has lambasted the US government for imposing new curbs on lenders that receive federal bailout money, and called the federal planReuters - 568 words
-
Article, Illustration74 2009-03-18 14 AP [NEW YORK] The Metropolitan Opera celebrated its 125 th Anniversary Gala on Sunday with a cavalcade of stars singing arias and ensembles. Taking their bows are (from left) Roberto Alagna, Angela Gheorghiu, Placido Domingo, James Levine, Renee Fleming, Juan Diego Florez, Julian CrouchAP - 74 words
-
308 2009-03-18 14 —f-j Bloomberg [NEW YORK] US life insurers, a group led by Met Life and Prudential Financial, reported a US$32 billion decline in statutory capital last year as investments fell, Moody's Investors Service said. Capital and surplus declined 13 per cent to U*****.6 billion from__ —f-j – Bloomberg - 308 words
-
502 2009-03-18 14 ■AP Work on revamp of firms may go beyond March deadline [WASHINGTON] A top adviser to President Barack Obama's car industry task force said on Monday that bankruptcy is not the goal of the administration's efforts to restructure General Motors and Chrysler■AP - 502 words
-
255 2009-03-18 14 Reuters [NEW YORK] JPMorgan Chase Co must allow shareholders to vote on measures that would tie executive bonuses to the bank's long-term stock performance, US regulators have ruled. The AFL-CIO Reserve Fund, a union investment fund, had sought a shareholder vote to add– Reuters - 255 words
-
275 2009-03-18 14 Reuters [DETROIT] Chrysler LLC's proposed deal with Fiat SpA is worth up to US$lO billion for the cashstrapped US carmaker and could preserve 5,000 North American manufacturing jobs, chief executive Bob Nardelli said on Monday. "We estimate the cash value ofReuters - 275 words
-
-
Page 12 Advertisements
-
Advertisement147 2009-03-18 12 g^NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF POWERSTRIO INVESTMENT PTE LTD (In Members' Voluntary Liquidation) (Co. Reg. No.: *****2517G) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the Final General147 words
-
-
PREMIUM LEADERS
-
Article, Illustration1118 2009-03-18 13 Principles such as integrity in dealings with customers and business partners drive the general insurance business, Tenet Insurance's CEO tells TEH SHI NING STELLA Tan has seen much change in Singapore's general insurance landscape over the course of her career. Companies have undergone mergers1,118 words
-
Article, Illustration994 2009-03-18 13 TEH SHI NING - TEH SHI NING By SEVEN years into his career in insurance, Christopher Beazley heads Amlin's regional office in Singapore. His name may ring a bell with those familiar with another Lloyd's syndicate, Beazley, of which his father is still deputy chairman.994 words
-
Article, Illustration601 2009-03-18 13 TEH SHI NING - TEH SHI NING FRANCIS Lav's first impression of insurance differed starkly from how he now sees the industry. Life insurance and cold calls were his first glimpses of insurance, as his brother works as a financial consultant. Then there was a lecturer who told601 words
-
-
Page 13 Advertisements
-
Advertisement18 2009-03-18 13 This is the last in a four-part series on personalities in the insurance industry brought to you by:18 words
-
-
Page 14 Advertisements
-
Advertisement29 2009-03-18 14 SINGAPORE PRESS HOLDINGS FOUNDATION Presents J Til XsLJzJli iPSE> Organised by: Event managed by: Partner: -fc_ THE Tuc Ql ICIMCCC TlliilCC SPH STRAITS TIMES. IHE BUSINESS lIMES MediaßaxOffice RfIZORTV29 words
-
-
AIG SAGA
-
684 2009-03-18 15 LAT-WP US officials say the Treasury is planning to try to recover some of the money [WASHINGTON] A tidal wave of public outrage over bonus payments swamped American International Group (AIG) on Monday. Hired guards stood watch outside the suburban Connecticut offices of AIGLAT-WP - 684 words
-
Article, Illustration898 2009-03-18 15 ANDREW ROSS SORKIN - ANDREW ROSS SORKIN NYT By DO we really have to foot the bill for those bonuses at the American International Group? It sure does sting. A staggering US$l65 million for employees of a company that nearly took down the financial system. And heck, we, the taxpayers,NYT; REUTERS - 898 words
-
-
Page 15 Advertisements
-
Advertisement320 2009-03-18 15 JE---~ SINGAPORE BRAND CONFERENCE 2009 4jp PROGRAMME HIGHLIGHTS I-^ ly Session 3 M\ V on Building Your Brand Online «i^Zk* Session 1 Mr Eddie Chau %A Sp% -w, Organisational Change In An Economic Crisis Chairman (Singapore Enterprise Chapter) Mv Singapore Information Technology Federation From A Brand Perspective Mr Teng Theng320 words
-
-
TransDort HUB
-
666 2009-03-18 16 DAVID HUGHES - DAVID HUGHES STRAIT TALK Despite global downturn, industry must show confidence in the future, think long term, keep attracting young people By AS recently as October 2008, shipping people were gathering in Singapore for last year's Maritime Week. So it may come as a bit of666 words
-
383 2009-03-18 16 Reuters [HONG KONG] Tianjin Port Development Holdings Ltd is paying US$l.4 billion for control of Shanghai-listed rival Tianjin Port Co Ltd, in an expected consolidation of China's third-largest port. Tianjin Port Development, which has significant exposure to the container business and hasReuters - 383 words
-
TRANSPORT STOCKS
-
Article103 2009-03-18 16 '000 lar CH Offshore unch Chilian Hup Hldgs 0.16 Cosco Corp 0.75 CWTLtd 0.31 Ezra Hldgs 0.56 First Ship Lease 0.39 Freight Links 0.04 Grand Banks unch laya Hold Ltd 0.21 KiVentures 0.12 Keppel Corp 4.40 MTQ Corp unch NOL 0.97 Pacific Shipping 0.15 Pan-United Corp 0.39 Rickmers Mari103 words
-
Article32 2009-03-18 16 '000 lar Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd unch 8.30 8.35 2.99 2.72 0.01 unch 0.10 -0.05 0.04 0.02 unch 0 337 300 583 3 5732 words
-
Article12 2009-03-18 16 ■oo ■recious Ship Jegional Cont 10.20 5.75 0.10 0.20 8150 43412 words
-
Article22 2009-03-18 16 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 5.40 10.25 unch unch 0.10 2110 unch ***** unch 0 unch 022 words
-
Article23 2009-03-18 16 Evergreen Marine ...14.05 :irst Steamship 40.00 /Van Hai Lines 14.60 r"ang Ming Marine ..10.10 -0.15 -0.50 -0.25 0.19 9 7 2 1923 words
-
Article36 2009-03-18 16 '000 :awasakiHvylnd...190.00 :awasaki Kisen 314.00 /litsubishi Hvy 300.00 /litsui Eng&Sbldg ..164.00 /litsui Osk Lines ....496.00 Jippon Express 302.00 Jippon Yusen 386.00 3.00 ***** 11.00 9215 12.00 ***** 6.00 6774 11.00 ***** 6.00 3651 4.00 *****36 words
-
-
Article, Illustration1232 2009-03-18 16 X RAGURAMAN - X RAGURAMAN Container shipping demand beyond industry's control, long lead-times for supply shifts By I The supply side of shipping services, made up of the capacity of ships operated by the carriers, is no less problematic. While trade drives the demand for shipping services, the ability ofAFP - 1,232 words
-
-
Page 16 Advertisements
-
Advertisement11 2009-03-18 16 TUN£ YOUR RAP/0 TO BEST MUSBC ONLy ON TSBDIV°S BIST www.radio9l3.com11 words
-
-
SEA ASIA 2009
-
Article, Illustration897 2009-03-18 17 Industry veterans of the offshore and marine sector warn that the current problems are different but there are positive signs, reports VINCENT WEE THE offshore and marine sector is not immune to the current global economic downturn. While most of the industry playersBLOOMBERG - 897 words
-
Article, Illustration969 2009-03-18 17 VINCENT WEE - VINCENT WEE By THE generally long-term nature of the liquefied natural gas (LNG) market makes it relatively more stable than that of oil and, as a result, it is much more insulated from the current global economic turmoil. According to Stephen Ainscough, Thome Ship ManagementBLOOMBERG - 969 words
-
-
Page 17 Advertisements
-
Advertisement214 2009-03-18 17 I Organised by: Wa^ Seatrade s?^F= c conference "J Engage maritime thought-leaders and industry experts on shipping's priorities in the new horizons brought on by the global financial crisis. What is the outlook for the various sectors? Where are the opportunities in ML MX Principal sponsors: -j— the crisis? How214 words
-
Advertisement25 2009-03-18 17 This is the third of a five-part series brought to you by SEA ASIA 2009 Sea A SIA M 'Sk 21-23 April 2009 Suntec Singapore25 words
-
-
TRANSPORT HUB: AVIATION
-
Article, Illustration355 2009-03-18 18 Bloomberg Revenue outlook poor, could be long time before market bottom seen: CEO [HONG KONG] Cathay Pacific Airways Ltd, Hong Kong's biggest carrier, does not expect a recovery in aviation demand soon as the outlook is a "big worry", according to chief executive officerBloomberg; AFP - 355 words
-
78 2009-03-18 18 -AP [LONDON] A British consumer air travel group says that airlines across the world are losing more bags as passenger numbers rise. Britain's Air Transport Users Council said yesterday that more than 40 million bags were misplaced by airlines in 2007. Of those, more-AP - 78 words
-
302 2009-03-18 18 AP [ATLANTA] Life has taken Roger Gleen up and down America's East Coast, and on this night the weary traveller settles into a chair in the corner of the world's busiest airport. His bags propped neatly beside him, Mr Gleen is among aAP - 302 words
-
263 2009-03-18 18 Bloomberg [SAN FRANCISCO] United Airlines, the third-largest US carrier, agreed to pay US$B5O,OOO to disabled workers to settle a lawsuit in which the government claimed the airline didn't give the employees the chance to work overtime. The US Equal Employment Opportunity Commis- sionBloomberg - 263 words
-
254 2009-03-18 18 -AP [JAKARTA] An Indonesian jetliner that skidded off a runway in heavy rain and spun 180 degrees before resting on its underbelly has been damaged beyond repair, transportation officials said yesterday. No one was injured in the March 9 accident the second in-AP - 254 words
-
Article2575 2009-03-18 18 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brun, Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR2,575 words
-
-
Page 18 Miscellaneous
-
Miscellaneous198 2009-03-18 18 CRYPTIC CROSSWORD ACROSS 28 "Why not buy a Ferrari?" result of hypnotism? (14) DOWN 9 Accepted as something worth 2 Weight of dozen getting big- discussing (minutes earlier?) YESTERDAY'S SOLUTION qer! (5) (3,2,3,6) 3 Rodent on bark of oak, may- 14 E^ em chaP 9iven f- the 'SpAZ bJ' a198 words
-
-
TRANSPORT HUB: MOTORING
-
701 2009-03-18 19 SAMUEL EE - SAMUEL EE In luxury segment, Daimler South-east Asia sells a $2m Maybach model Reports by THE two major Korean marques in Singapore are climbing up the sales charts, with more buyers turning to them amid the economic recession and higher Japanese yen.701 words
-
301 2009-03-18 19 SINGAPORE'S top car in 2008 has been dethroned after the first two months of 2009, as an old favourite returned to rule the roost. The Toyota Corolla Altis is again the island's No 1 model, based on January and February sales by members301 words
-
Article, Illustration454 2009-03-18 19 SAMUEL EE - SAMUEL EE International field awaits both after Spore qualifying By TWO Hyundai car owners will emerge from this week's Singapore qualifying round of the inaugural Hyundai World Golf Championship to compete against an international field in South Korea. The Korean car maker is454 words
-
-
Page 19 Advertisements
-
Advertisement123 2009-03-18 19 www.vw.com.sg x ■."'r■ Did you notice the leopard? The new Passat CC. Once you've seen it, you'll see nothing else. It's no wonder why the Passat CC is attracting so much attention. With the style of a coupe, the dynamics of a sports car and the comfort of a saloon,123 words
-
-
EDITORIAL & OPINION
-
Article499 2009-03-18 20 "THERE are a lot of terrible things that have happened in the last 18 months, but what has happened at AIG is the most outrageous. What that company did, the way it was not regulated, the way no one was watching, what's proved necessary499 words
-
Article, Illustration1200 2009-03-18 20 HUGO DIXON - HUGO DIXON Policymakers' prime goal should be to end uncertainty over whether banks will survive By I HAT exactly is wrong with the banks? A year and a half after the credit crisis started, this may seem a bizarre question. But actually, thereBLOOMBERG - 1,200 words
-
Article, Illustration763 2009-03-18 20 FRANK CHING - FRANK CHING THE BOTTOM LINE THE recent incident at sea involving an American naval ship, the Impeccable, and five Chinese vessels eerily resembles the aerial incident eight years ago when an American intelligence-gathering EP-3 collided with a Chinese fighter jet, leading to763 words
-
Article, Illustration1107 2009-03-18 21 S JAYASANKARAN - S JAYASANKARAN The last of an Umno generation, Tengku Razaleigh makes everyone in politics uncomfortable with his straight talk TENGKU Razaleigh Hamzah is the odd man out in Malaysian politics. Since the March 8, 2008 general election, which fractured politics like never before,THE STAR - 1,107 words
-
155 2009-03-18 21 LETTER TO THE EDITOR AS a Reitholder, I read with apprehension the article "Scrip dividends for Reits: why not?" (BT, Mar 17). I hope SGX will not give Reits a blank cheque to replace cash distributions per unit (DPUs) with scrip dividends.155 words
-
Article, Illustration977 2009-03-18 21 PHILIP ALCABES - PHILIP ALCABES By ■HE northern winter is almost over, and it appears that the world is going to make it through another I flu season without a global disaster. That may seem like a miracle after the hysteria generated in recent years by Sars, avian977 words
-
-
Page 21 Advertisements
-
Advertisement22 2009-03-18 21 BIRD'S EYE VIEW OF TENDER JOBS Check out the most comprehensive collection of tender notices in CATS Notices in The Straits Times.22 words
-
-
SINGAPORE STOCKS
-
Article8245 2009-03-18 22 Transaction date: Mar 17 52-wks Tel |h Low Code Last Sale Vol ('000) Hi, Day Last Quote Div Gr Yld )h Low Buyer Seller C'vr Net P/E M Cap Smil Hi. Com| >anj 9 3 3148 STelecom 11 3 5834 A-Sonic 30.5 12 5000 ABR Hldgs 18 68,245 words
-
Article1586 2009-03-18 23 52-wks Tel High Low Code Company Last Sale Vol Day Last Quote Div Gr Yld Net M Cap ('000) High Low Buyer Seller C'vr P/E $mil 20 5 1181 s AAGrp 32 13 8538 t APStrategic 4 0.5 1501 s Advanced System 14 2 3480 t Adventus 29.51,586 words
-
Article335 2009-03-18 23 52-Wk Tel h Low Code Last Sale Vol C000) Day Last Quote lh Low Buyer Seller Div GrYld C'vr Net P/E MCap Smil Hi. Comi Hi. 110 100 6389 ABF SG Bond ETF 982 427 CIMBAsean40 1OOUS$ 167 149 DBS STI ETF 100 1886 1682 DBXTFTChina25 1OUS$ 956335 words
-
Article250 2009-03-18 23 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 cum250 words
-
Article9308 2009-03-18 23 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 1.419/ AIGIF Spore Bond Fund/ A 1.186/ APS Asset Mgt Pte Ltd APS Alpha Fund!** 0.65/ APS Alpha Fund (USD)!** 0.42/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.5095/ APS Komaba9,308 words
-
-
Page 22 Advertisements
-
Advertisement33 2009-03-18 22 19H___ v 'Sc. "'TPf'1 jib' ."rmr^ -1 -^•dH_SßS__P^*" j -"T1, Z- ■> r^J^^^^&B v WHERE EXTREMES MEET W^^^^^l^jS™j ROYAL OAK OFFSHORE COLLECTION MW^^^d^T^^^Mf^^. For enquiries, Tel: (65) 6238 6678 www.audemarspiguet.com rft&'f"~^+§*:-' '■^&z^~~*^'*ik&&t^' S—-■."" y33 words
-
-
FINANCE & COMMODITIES
-
359 2009-03-18 24 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Mar 16 World Index Preliminan 587.7 2.2 -13.3 1.7 -10.5 2.5 -15.1 EAFE Preliminai 562.5 2.4 -13.3 2.2 -13.3 3.0 -18.. Euro[ Preliminan 786.4 2.7 -13.7 2.8 -13.4 3.6 -18.! Pacific 471.2359 words
-
Article131 2009-03-18 24 As at 9am Mar 17 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.0020 1.0330 Can dollar 1.1990 1.2150 Euro 1.9780 2.0010 NZ dollar 0.8050 0.8230 Sterlini 2.1460 2.1701 US dollar 1.5260 1.5430 Local dollars to 100 units of foreign currency:131 words
-
Article174 2009-03-18 24 Mar 17 fer Bii Overnight 3/8 1-month 7/16 2-months 9/16 3-months 11/16 Overnight mode: 11/16 US$ Offer 1/4 3/16 5/16 7/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 0.45 0.65 1.20 1.50 2.20 2.50 2.60 Offer 0.35 0.55 1.00174 words
-
Article22 2009-03-18 24 Mar 17 STI SIMSCI Mar 189.7 191.4 186.4 Taiwan Mar 187.0 189.9 189.0 Source: MF Global (S) Pte. Ltd22 words
-
Article22 2009-03-18 24 Mar 17 S! Bid Offer 1-month 1.5318 1.5335 2-months 1.5316 1.5334 3-months 1.5313 1.5332 6-months 1.5310 1.5329 Source: OCBC22 words
-
Article66 2009-03-18 24 Mar 17 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Apr 09 2033 2030 2041 2019 735 4701 May 09 1982 1982 1992 1970 3475 ***** Jun 09 1930 1922 1940 1918 6512 ***** Jul 09 1899 187566 words
-
Article302 2009-03-18 24 Mar 17 EURODOLLAR FUTURES Jun09 Sep09 Dec09 Mar10 98.6150 98.5800 98.3950 98.3450 8302 4252 4087 1688 EUROYEN TIBOR FUTURES Jun09 99.390 99.395 Sep09 99.430 99.430 Dec09 99.430 99.430 Mar10 Jun10 Sep10 DedO Mar11 99.100 99.100 99.390 99.420 99.430 99.100 99.395 99.435 99.440 99.425 99.365 99.305 99.260 99.175302 words
-
Article192 2009-03-18 24 Mar 17 RUBBER Futures (Closing prices) RSS 3 (US cents/kg) Month High Low Close Sett Volume (lots) 0/1 lots) Apr 09 142.0 May 09 141.8 Jun 09 Jul 09 139.8 Aug 09 138.5 Sep 09 140.8 141.7 139.7 138.5 140.8 141.7 141.5 139.8 138.5 138.0 96 20 20192 words
-
Article443 2009-03-18 24 Mar 17 Australia 0.839 4.512 0.508 5.116 33.889 78.990 0.651 9.296 2.422 1.241 53.016 31.867 1.011 6.550 0.783 22.586 23.624 0.470 0.660 Canada 1.192 5.376 0.605 6.097 40.385 94.130 0.776 11.077 2.886 1.479 63.178 37.974 1.205 7.806 0.933 26.915 28.152 0.560 0.786 China 0.222 0.186 0.113 1.134443 words
-
Article88 2009-03-18 24 Mar 17 Period Issue code Maturity Yesterday's Bid Day's |h Low Hi' 3-Month BQ*****S 18.06.09 1-Year BY*****V 02.11.09 0.35 0.46 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0E 3.125 5-Year NX*****Z 2.250 7-Year N*****0S 2.875 10-Year NY*****A 4.000 15-Year NY*****X88 words
-
Article102 2009-03-18 24 Mar 16 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 09 911.00 876.50 918.00 864.75 Jul 09 907.50 875.25 915.00 863.25 Aug 09 891.50 861.50 898.75 858.00 Sep 09 863.50 870.50 821.75 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 09 30.86 30.17 31.19 29.66102 words
-
Article77 2009-03-18 24 CRUDE OIL PRODUCTS Mar 16 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 45.58 -0.89 WTI (Near Mth) 46.89 0.78 Dubai (1-Mth F) 41.98 -1.97 Tapis blend 46.45 -2.00 Minas 45.15 -2.00 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 42.32 48.30 -2.00 -0.80 USS/barrel Opec Oil77 words
-
Article77 2009-03-18 24 Mar 17 1 mth 0.***** 0.***** 2 mths 1.***** 0.***** 3 mths 1.***** 0.***** 6 mths 1.***** 0.***** 9 mths 2.***** 0.***** 12 mths 2.***** 0.***** SWAP Offer rates 1 mth 2 mths 3 mths (S$) 0.***** 1.***** 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 2.***** SWAP77 words
-
Article152 2009-03-18 24 Mar 17 Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.0105 1.0121 0.6597 0.6601 Canadian dollar 1.2042 1.2061 0.7862 0.7866 Euro 1.9900 1.9925 1.2992 1.2995 NZ dollar 0.8139 0.8153 0.5314 0.5317 Sterlini 2.1507 2.1532 1.4041 1.404: US dollar 1.5317 1.5333 S$/US$152 words
-
Article142 2009-03-18 24 Mar 17 GOLD (USS/oz) Mar 17 Mar 16 Hong Kong London 915.80 923.00 916.80 924.00 Mar IS Mar 13 921.25 931.60 922.45 932.80 Source: Thomson Reuters CAST BAR M) Mar 17 Buying Sellini Kilobar "49,053.08" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm142 words
-
Article69 2009-03-18 24 Marl6\ Co iri iiuiii, yy.i (USS/tonne) Close Previous Cash 1323.00 1313.75 3 months 1358.00 1347.00 Copper, Grade A (USS/tonne) Cash 3 months 3800.75 3830.00 3640.50 3670.00 Lead (USS/tonne) Cash 3 months 1290.50 1296.00 1243.50 1249.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 9522.00 9600.00 Tin (USS/tonne) Cash *****.0069 words
-
Article73 2009-03-18 24 Mar 16 COCOA (£/tonne) Close Prev Hii ih/Low Mar 09 1835 1826 1821/1805 May 09 1861 unch 1884/1842 Jul 09 1815 1821 1840/1802 Sep 09 1784 1796 1808/1770 COFFEE (USS/tonne) Close Pev High/Low Mar 09 1525 1539 1537/1537 May 09 1530 1549 1550/1521 SUGAR (US tonne) White Close Prev73 words
-
2279 2009-03-18 24 BONDS, WARRANTS EXTENDED SETTLEMENT rel lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Disc Gear- Mths ing Left >058 Advance Modules Grp W*****3 17 156 1.50 41 >036 Advance SCT Ltd W*****9 0.5 87 2400 7.00 17 S092 Asia Environment W*****4 0.5 38 235 23.00 5 14812,279 words
-
-
Page 25 Advertisements
-
Advertisement2825 2009-03-18 25 m The Business Times Shipping Times ____V VPfl BJ^B^BffHTffim^ffffinßnß WAN HAI INTERNATIONAL PTE LTD UEN:*****4695M m A^H 15isM M^Wrifl^'f^M'nfrm _i_ffl \Tvi\ IAIA M UAI I Ilirr TEL:*****588 (KLINES) FAX:*****163 ____*^™I _!_^^^^J__ IM___^^^^___ HUmH MPIMMME Y\^^B I WAN HAI INt__) PKL TEL: (03) *****58» FAX: <03) *****288 PEN TEL: (04) *****002,825 words
-
-
Page 26 Advertisements
-
Advertisement3363 2009-03-18 26 MmM iTin EASTERN CAR LINER, LTD SJSJJ r///^ Mk^jM W—~—' specialize in roro heavy lift UPTO 450 tons~| WEEKLY EXPRESS SAILING SCHEDULE I ||U!MiHarikiMßllHUllllliiililMlllilllilßidMHM l|gjjj^^jgg^ VOY RamplKT) Liltinq(KT) SIN PKL KUC LCB JKT SUR |^||j^y^^UiyKdliUWHUliUUaaillUilMUlUl PCL/PHL SERVICE AMX SERVICE Connecting ECL Svc via MALTA I ORIENT IRIS 104 35 803,363 words
-
-
executive Money
-
Article, Illustration1017 2009-03-18 27 Fridson Investment expects huge capital flow into the high-yield market over the year, reports GENEVIEVE CUA THESE turbulent times are likely to present a sweet spot for investing in corporate bonds, even if volatility is expected to track equity indices. While the credit crunch: Morgan Stanley Research, Moody's, The Yield Book, N BER, as at Dec 15, 2008 - 1,017 words
-
Article, Illustration553 2009-03-18 27 GENEVIEVE CUA - GENEVIEVE CUA By STORMS may rage in capital markets, but Prudential in Singapore says it is financially strong with close to $1 billion in free capital. Prudential chief executive Philip Seah said the firm here has a capital553 words
-
Article, Illustration1336 2009-03-18 28 ELKE SPEIDEL- WALZ - ELKE SPEIDEL-WALZ Region's strong improvement in economic fundamentals since 1998 helps a lot in cushioning the impact of the global crisis ALTHOUGH not at the epicentre of the current global financial market crisis, emerging Asia has been hit hard by it, mainly by the worldwide1,336 words
-
547 2009-03-18 29 Henderson CEO says now is the time to move out of cash with a time horizon of three to five years in mind, reports GENEVIEVE CUA INVESTORS are likely to demand more absolute-return products as deep losses from the continuing savage bear market cast a pall547 words
-
Article974 2009-03-18 29 LAT-WP By TOM PETRUNO DURING Thursday night's verbal drawing and quartering of CNBC's Jim Cramer by Comedy Central's Jon Stewart, the inevitable conclusion emerged: Long-term investing in the stock market is a sick joke. Stewart: "My mother is 75. And she bought intoLAT-WP - 974 words
-
-
Page 27 Advertisements
-
Advertisement389 2009-03-18 27 Cn\/r A DT Investment TM BPWWfPI k3IYArVIVX International Property Expo yi^J \llmM LOCAL OVERSEAS PROPERTY STOCKS FUNDS ALTERNATIVE INVESTMENT 28 29 MARCH 2009 10am 7pm TWO DAYS ONLY! Hall 401, SUNTEC Singapore International Convention Exhibition Centre E E I The Economy Singapore RiUTiT9iMlriF7sTniW I Pr°Perty Where do we go IrnjirnnHißßMrTi^389 words
-
-
Page 27 Miscellaneous
-
Miscellaneous9 2009-03-18 27 MONEY MATTERS Medium-term prospects better for Asia: PAGE 289 words
-
-
Page 28 Advertisements
-
Advertisement141 2009-03-18 28 I From 20 to 29 Marck 2009 W^^W^^jf%\ A^^^*^^^^^ Create your own culinary masterpiece with the atM'sl. gl^^^, llr y%t DESIGNER SET DINNER PERANAKAN FAMILYVALU^^ Eyi^fcteri ATZ-E^ EN! RTTPF^r mSAi International Buffet M Design your own three-course dinner uurrci i^urN^n Lunch and Dinner ITJ from our ALa Carte Menu. Every141 words
-
-
Page 29 Advertisements
-
Advertisement205 2009-03-18 29 ETF OF THE YEAR.* In a year of economic uncertainty, the desire compared with USD7O billion in 2007. And, for more liquidity, transparency and cost- we're proud to announce that Barclays effectiveness resulted in dramatic inflows to Global Investors, the Manager of iShares the Exchange Traded Funds (ETFs) category. ETFs,205 words
-
-
CFO CONVERSATIONS
-
Article, Illustration2439 2009-03-18 30 OVERVIEW WITH forecasts of economic growth here heading south and the outlook for both the manufacturing and services sectors still bleak, BT has been seeking the views of financial chiefs from various Singapore companies and financial consultants on how firms here can best survive what2,439 words
-
-
Page 30 Advertisements
-
Advertisement15 2009-03-18 30 This is the last of a four-part series brought to you by ZZZZZZZ^ZZ 7 ZZ®15 words
-