The Business Times, 16 August 2007

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Microfilm: NL27785
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg «V A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Thursday, August 16,2007
    21 words
  • Article, Illustration
    Lock icon Cautious M&A players letting August slide by
    588 1  -  Deals shrink as sub-prime costs are totted up worldwide By CHOW PENN NEE [SINGAPORE] August is traditionally a slow month for such deals and we are just halfway through it. Even so, the contrast with previous months is stark. Analysts can only conclude
    588 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.75 INDONESIA 15.718 TAIWAN 5.956 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 8.25 CANADA 6.25 SWITZERLAND 4.48 INDIA 12.75 Source: Bloomberg
      Bloomberg  -  29 words
    • Article
      Lock icon MARKETS
      42 1 fednesday C Change ICOMP 1,251.82 -36.52 IIKKEI225 16,475.61 -369.00 IANG SENG 21,375.72 -631.60 ;et INDEX 773.92 -19.90 JAKARTA COM P 2,029.08 -139.55 1ANILACOMP 3,130.34 -133.22 ;eoulcomp ;henzhen B 766.91 -8.37 IUMBAI IND 12noon EDT Change )OW *****.79 -18.13 JASDAQ 2497.43 -8.49
      42 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ per US$) 1.530 (USS/SS per 1.990 3.045 :URO(US$/S$/E) 1.349 2.064 'EN 116.90 76.40 3.488 2.280 IK$ 7.816 5.108 !AHT 34.16 22.32 lUPIAH 9,415 6,153 1ENMINBI 7.584 4.957 INDIAN RUPEE 40.58 26.52 1.208 0.789 IZ$ 1.398 0.913
      39 words
  • Article, Illustration
    Lock icon Floating hotels may ride F1 visitor wave
    578 1  -  SAMUEL EE STB exploring novel accommodation ideas for expected 50,000 foreign guests [SINGAPORE] When 50,000 foreign guests descend upon Singapore to watch the Formula One race in September next year, some could literally find themselves out at sea. Floating hotels may be commissioned
    578 words
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      1 1 8"*****1"*****4'
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      99 1 i PHILIPPE Begin your own tradition. HJkrikjr. Is) T >_H _Pi M^ l \\\r^u\\\\r S tL \\\\\m ■!K. 1 &ut\\\\\\ _^_HH_I __P _-__fl_M You never actually own a |X__ "\j^>^ fj Patek Philippe. Jf; JL You merely look Tkf^PKliß!^ after it for the *P Men's Calatrava next generation. .jLJw/ Ref.
      99 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      53 1 BizlT I GOLF U(c.' I SUB-PRIME WOES I PROPERTY ~H P' Security firms warn Tiger Woods to design Asian markets More homes sold above of Web 2.0 dangers his first golf course l v; hammered $4,000 psf in July jli PAGE 27 PAGE 17 Jl Iff* I I PAGE 4
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Sub-prime tsunami sweeps STI to 4-month low COMPANY NEWS, PAGE 5
        79 2 REGIONAL stocks were yesterday swept under by US sub-prime mortgage and other related worries for the third time this month, resulting in the Straits Times Index suffering its sixth triple-digit loss of 2007, taking it to a four-month low.
        79 words
      • Article
        Lock icon Genting prices rights shares at 60 cents apiece
        79 2 GENTING International has fixed the price of its three-for-five rights issue at 60 cents a share to raise gross proceeds of about $2.17 billion, most of which will go into funding its Sentosa integrated resort. The price of 60 cents is about
        79 words
      • Article
        Lock icon SingTel swaps New Century shares for Far EasTone
        78 2 SINGAPORE Telecommunications will swap its stake in a Taiwan fixed-line operator for 3.98 per cent of Far EasTone Telecommunications Co, disposing of an unprofitable operation. The stake in Taipei-based Far EasTone is valued at NT$6.O9 billion (*****.6 million), based on yesterday's closing
        78 words
      • Article
        Lock icon Retail sales up 14% to $3b in June, thanks to GSS GREATER CHINA, PAGE 14
        54 2 RETAIL sales grew 14.4 per cent year-on-year to about $3 billion in June, lifted by the Great Singapore Sale (GSS) and a spending avalanche on big-ticket items ahead of July's Goods and Services Tax hike.
        54 words
      • Article
        Lock icon Financial pressure weighs on American consumers
        52 2 HAS the American consumer gone wobbly? Evidence continues to pile up that the weight of high gasoline prices, falling home values, tightening credit and the rising cost of basic food items is taking a toll that could seriously slow the US economy. ECONOMY WATCH,
        52 words
      • Article
        Lock icon Indonesia beats forecast with 6.3% Q2 growth
        54 2 HIGHER growth in exports, consumption and foreign direct investment helped Indonesia's economy to advance 6.3 per cent in the second quarter from a year earlier. The growth rate for the three months ended June beat the central bank's earlier forecast of 6.1 per
        54 words
      • Article
        Lock icon China allows listed firms to sell corporate bonds
        67 2 CHINA has issued rules allowing listed companies to sell corporate bonds on a trial basis in an effort to encourage the growth of the local market for the securities. Companies that have listed their shares on either the domestic or overseas exchanges
        67 words
    • Article
      Lock icon Sub-prime ripples spread to commercial paper
      958 2 Reuters Lucrative source of funding for companies under pressure, banks nervous [NEW YORK] Trouble is mounting in the US$2.2 trillion commercial paper market, and further deterioration could trigger problems for banks that would rival what they've suffered from the sub-prime crisis. While the problem
      – Reuters  -  958 words
    • Article
      Lock icon Sub-prime woes push STI to 4-month low
      422 4  -  R SIVANITHY Banks lead decline in index's 6th triple-digit loss this year; other regional bourses hit too [SINGAPORE] Regional stocks were yesterday swept under by US sub-prime mortgage and other related worries for the third time this month, resulting in the Straits Times
      422 words
    • Article, Illustration
      Lock icon Rising ranks of super-rich Chinese pushing up prices
      369 4 [SHANGHAI] China has 150,000 super-rich with personal wealth of US$5 million or more and their ranks are rising fast, pushing up prices for golf, yachting, villas and other luxuries, researcher Rupert Hoogewerf said yesterday. "The number of wealthy individuals in China is
      AP  -  369 words
    • Article
      Lock icon Alinta shareholders okay sale to Sing Power, Babcock & Brown
      730 4 Alinta shareholders okay sale to Sing Power, Babcock Brown Bloomberg Sing Power will get electricity, gas distribution network [SYDNEY] Alinta Ltd shareholders have approved the sale of the company, Australia's biggest power and gas transmission line owner, to Singapore Power Ltd and Babcock Brown Ltd for A 57.7 billion (5510.2
      – Bloomberg  -  730 words
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      417 2 people.* Do we li now work you? (Register with us today) www.thepeopleatwork.com Asia-Pacific Executive Search 16 17 Aug 2007 Singapore Expo, Singapore Opportunity India India Focus Conclave Organised by Zak Exhibitions (Singapore) Pte.Ltd supported by the Singapore Indian Chamber of Commerce Industry, constitutes the presentation component of Zak Salaam India
      417 words
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      Lock icon Page 2 Advertisements Column 2
      139 2 2007 KPMG, a Singapore registered partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. Printed in Singapore. 1111 I I I I Out-of-office tomorrow For the ninth consecutive year, KPMG is pledging a business day to
      139 words
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  • Page 3 Advertisements
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      187 3 i'Keppel Nantong, full steam ahead Yancheng to El^lS l^^K^l^iS-^LBS-^-USS Si 2_k__^_U_X_^_^lA2_^_lsl Nantong Expressway Nanjing to £tr\ -T__fll Nantong Expressway H((P\-k. ttjf' §r^\ >""- V SlilTtT > Tongzhou I 1.3nP1 CI I JldliybU J v A J*""?!* l^ Nantong to oidn E k|r- U/Of-^ ImSM Keppel Nantong ay Wu *taW^M >.I,„-"■
      187 words
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  • Page 4 Advertisements
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      2102 4 Lexicon 1 ■IUJIJII. I.J-I THE LEXICON GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: *****7135Z) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of The Lexicon Group Limited (the "Company") will be held at 371 Beach Road #03-18 Keypoint Singapore *****7
      2,102 words
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  • COMPANY NEWS
    • Article
      Lock icon Genting prices rights shares at 60 cents apiece
      550 5  -  LYNETTE KHOO Its sister firm Star Cruises is back in the black in Q2 with U5523.39m profits GENTING International has fixed the price of its three-for-five rights issue at 60 cents a share to raise gross proceeds of about $2.17 billion, most
      550 words
    • Article
      Lock icon C20 to enter offshore and marine business
      387 5  -  OH BOON PING 3 investors injecting capital will get 162 m new shares INFOCOMM products distributor C2O Holdings has received an injection of capital from three investors and plans to enter offshore and marine businesses. The company is issuing a total of 162
      387 words
    • Article, Illustration
      Lock icon SingTel swaps New Century shares for Far EasTone
      351 5 Bloomberg SINGAPORE Telecommunications Ltd (Sing Tel), South-east Asia's largest phone company, will swap its stake in a Taiwan fixed-line operator for 3.98 per cent of Far EasTone Telecommunications Co, disposing of an unprofitable operation. Far EasTone will issue 160.37 million new shares
      Bloomberg; AFP  -  351 words
    • Article
      Lock icon SingTel – A proxy far the economy
      723 5  - SingTel A proxy far the economy SIOW LI SEN BOOSTED by higher sales at home, Singapore Telecommunications (Sing Tel) posted on Tuesday one of its best quarterly results in recent years. It reported higher-than-expected net profit of $927 million, up 10.4 per cent, for its first quarter ended June 30,
      723 words
    • Article, Illustration
      Lock icon CWT looking to go global starting with China
      822 6  -  NANDE KHIN FILE PHOTO Besides China, it is also exploring opportunities in India CWT Ltd, the largest logistics player in Singapore, is looking for rapid global expansion by replicating its logistics business model in Singapore in other hub cities across the world
      FILE PHOTO  -  822 words
    • Article
      Lock icon Results at a glance
      607 6 Half-year results ended June 2007 COMPANY CURRENT PREVIOUS CHANGE CURRENT PREVIOUS CHANGE CURRENT PREVIOUS CHANGE 1 Jardine Strategic 1352.76 942.18 43.6 *****.57 9529.04 15.3 219.08 153.20 2 Jardine Matheson 1214.88 842.60 44.2 *****.55 *****.10 16.6 343.17 240.52 43.0 42.7 3 Pac Century 323.57 -7.04 nm 1.30
      607 words
    • Article
      Lock icon Sino-Environment's Q2 profit up 61 % to 43.9m yuan
      399 6  - Sino-Environment's Q2 profit up 61 to 43.9m yuan AMIT ROY CHOUDHURY Revenue soars 82%; current orderbook worth 1.2 b yuan SINO-ENVIRONMENT Technology Group, a Chi-na-based provider of industrial and municipal waste-treatment services, has announced a 61 per cent surge in second-quar-ter net profit to 43.9 million yuan (SsB.9 million), from
      399 words
    • Article
      Lock icon Jardine Matheson H1 profit rises 44% to US$793m
      389 6 Bloomberg JARDINE Matheson Holdings Ltd, which owns hotels, real estate and supermarkets across Asia, said first-half profit rose 44 per cent, buoyed by rising Hong Kong office rents and higher convenience-store sales. Net income rose to US$793 million, or U552.24 a share,
      ■ Bloomberg  -  389 words
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      85 5 vVi w n _^_Aa_l X _J I Mr *'W \\\\\\\\Vm _H _3 I all r'' _L9H PJ^i^f^ B_^_^_i F BB_ flj_l _«^__BP^^ II Hr 4/_i Ul __^__H B 111 11 »1111 r« I lil'i'_H 11H11 I>-B^] >V_H L-j-iiii iiiwi! ■nn liliiil|ilil3 tm w\W I EI^lH i^_l_H I Rli^^ -fl I
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      191 6 TV'i H ii Fl f o ■< _^_rr* 11 I*l'iv WM»yM»i»jM^t i VMwi 11 r. 11 I ill i IM-^ViU<o ill RiliJ 11 PMI Ho |Tlr^~_l^-\ The global name in FX hit Choose a world leader for a professional FX trading service. We offer tight spreads on ujKfi all major
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Plenty of fear, not much greed – yet
      611 8  - Plenty of fear, not much greed yet R SIVANITHY STOCKS The ST Index suffers sixth triple-digit loss this year with 113-point or 3.4% slide to 3,273.25 THERE was plenty of fear but not much greed present in yesterday's stock market session as prices collapsed yet again with little support in
      611 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      95 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 2 14 1 0 0 0 2 14 1 Manufacturing 21 166 27 34 10 25 200 37 Commerce 61 15 10 76 14 Tpt/Stor/Comms 32 35 Finance 22 22 Construction 18 11
      95 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      124 8 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 41.228 41.228 154.878 154.878 Manufacturing 489.596 209.999 699.595 441.026 50.011 491.036 Commerce 218.059 14.563 232.622 120.277 4.720 124.997 Tpt/Stor/Comms 126,873 2.463 129.336 328.301 1.974 330.275 Finance 67.775 191 67.966 723.204 49 723.254 Construction 120.546 44.166
      124 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      237 8 Stock name «V1 Close Change Allgreen 0.48 1.520 -0.070 Ascendasreit 0.93 2.460 -0.100 CapitaComm 0.52 2.470 -0.080 Capita Land 4.66 6.900 -0.350 CapitaMall 0.97 3.520 -0.100 Chart SemiCond 0.58 1.040 -0.050 CityDev 2.81 14.100 -0.500 ComfortDelGro 1.43 1.960 -0.050 Cosco Corp 1.58 4.620 -0.260 Creative Tech
      237 words
    • Article, Illustration
      Lock icon BROKER'S TAKE
      891 8  -  CONRAD TAN City Spring Infrastructure Trust Aug 15 close: 551.05 MORGAN STANLEY RESEARCH, Aug 15 CITYSPRING reported Ql 2008 (ending June) earnings of $1,235 million and operating cash flow of $7.3 million, in line with our expectation. Distribution of 1.5 cents per unit was also in line with
      891 words
    • Article, Illustration
      Lock icon Yen up, investors cut carry trade positions
      507 8 CURRENCIES [LONDON] The yen jumped to a four-and-a-half-month high against major currencies yesterday as tumbling equities and persistent worries about credit markets prompted investors to slash exposure to riskier carry trade positions. The US dollar, sterling, euro and Australian and New Zealand dollars
      507 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 8 DAILY
      4 words
    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 8
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      46 8 Aug 15 VALUE CLOSE -1557.00-243.00 BT OB/OS BT CADI -*****.00-468.00 BT 10-day MA -*****.00-156.00 All-SG Equities 903.02 -29.18 SG Equities Elect 111.83 -3.56 SG Equities Fin 2338.18 -89.73 SG Equities Prop 1390.66 -59.32 SIMSCI 403.62 -14.16 SIMSCI Futures 401.40 -14.40 PrimePartnersCI 228.83 -10.89
      46 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      58 8 VOLUME Sunmart 85,004,000 Jade Tech 68,659,000 LottVis 67,803,000 Gen Intl 60,510,000 Thai Beverage 38,780,000 CapitalandDBeCW*****8 36,352,000 Ban Joo 35,095,000 DBS MBL eCW*****6 30,136,000 Jasper 29,601,000 SingTel 28,847,000 VALUE(S) DBS Grp 263,135,900 UOB 185,428,065 Capita Land 172,443,480 SGX 134,478,550 OCBC Bk 114,921,750 SingTel 98,543,980 Keppel Corp 87,093,418 CityDev
      58 words
    • Article
      Lock icon RISES
      107 8 CLOSE UP STI 3500SGAePW*****7 92 26.0 39.4 STI 3600SGAePW*****7 118 25.5 27.6 STI 3450SGAePW*****0 68.5 25.0 57.5 STI3500SGAePW*****0 104 22.5 27.6 STI 3400SGAePW*****7 69 21.0 43.8 STI 3400SGAePW*****0 82 18.5 29.1 STI 3700BNPePW*****0 73 17.5 31.5 STI 3600BNPePW*****0 55.5 17.0 44.2 STI 3600SGAePW*****0 108 16.5 18.0 Hi, Moh 62.5
      107 words
    • Article
      Lock icon FALLS
      122 8 BY CENTS CLOSE DOWN DBS Gri 2020-100.0 -4.7 JSH 1280 -91.8 -4.5 GLD 10US$ 6560 -76.5 -0.8 China H 10US$ 1530 -76.5 -3.2 DBS Bk6% NCPS 10 ***** -70.0 -0.6 >re Land 875 -65.0 -6.9 Kej :l Cor| 1200 -60.0 -4.8 SIA 1760 -60.0 -3.3 SIA 200 1750 -60.0
      122 words
    • Article
      Lock icon CURRENCIES
      83 8 iere! S$ stands Aug 15 %CHNG CLOSE FRAugH YR 2007 S$ LOW S$ HIGH USS 1.5305 -0.62 1.5479 1.5033 Euro 2.0653 0.05 2.0996 1.9913 Pounds 3.0434 -0.06 3.1194 2.9323 AS 1.2634 0.92 1.3411 1.1741 Yen* 1.3104 -1.96 1.3277 1.2285 Rill liah* 0.***** 0.07 0.***** 0.***** Baht* 4.4337 0.60 4.5700
      83 words
    • Article, Illustration
      Lock icon Tat Hong's Q1 profit jumps 66% on strong demand
      404 9  -  YEN SREENIVASAN FILE PHOTO Crane specialist sees demand build-ups in China, India and Vietnam STRONG demand for cranes enabled the industry's dominant supplier, mainboard-listed Tat Hong Holdings, to boost its first quarter earnings by 66 per cent to $17.3 million. The
      FILE PHOTO  -  404 words
    • Article
      Lock icon DBSAM names new head
      122 9 Reuters DBS said yesterday it had hired Deborah Ho to become the new chief executive of its fund management arm, DBS Asset Management (DBSAM). Ms Ho, who has worked at Citigroup and ÜBS in various capacities, joined the asset management arm on August 6, a bank
      – Reuters  -  122 words
    • COMPANY BRIEFS
      • Article
        Lock icon MIT appoints new executive director
        69 9 MANUFACTURING Integration Technology (MIT) has announced the appointment of Lim Chin Tong as executive director of the company. He will oversee the formulation and execution of the group's business and growth strategies. Mr Lim has been an independent director of the company since February 2005.
        69 words
      • Article
        Lock icon David Tan resigns as CCTML chief executive
        90 9 CAPITACOMMERCIAL Trust Management Ltd (CCTML) said its chief executive officer, David Tan Wei-Son, has resigned. His last day of service will be Sept 15 on which date he will also resign as director. CCTML is the manager of Capita Commercial Trust. Yesterday's announcement
        90 words
      • Article
        Lock icon Kyodo-Allied full-year profit jumps 36%
        71 9 KYODO-ALLIED Industries, which announced yesterday a 36 per cent rise in net profit for the full year ended June 30, has proposed a one-for-10 bonus issue. Full-year net profit was $3.11 million compared with the previous year's $2.29 million. Revenue fell 19 per cent to
        71 words
    • Article, Illustration
      Lock icon Heeton may partner fund for $72.8m Grange Rd site
      360 9  -  ARTHUR SIM PROPERTY company Heeton Holdings may partner a foreign fund to develop a $72.8 million redevelopment site on Grange Road that it has just acquired. Heeton's chief operating officer and executive director Danny Low yesterday said three foreign funds had
      360 words
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      102 9 w SAVE TAX Our qualified professionals Wjm\\~L can assist you with offshore M structures, shelf companies and incorporations in ALL jurisdictions including: uuji-ifl British Virgin Islands Cayman Islands Bahamas Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate administration services are available. We also specialize in offshore trusts
      102 words
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      378 9 dollars^ _gm UOB MaxiYield is a dual currency investment that gives you the opportunity to earn potentially higher returns by capitalising on foreign exchange movements. To discover how UOB Privilege Banking can make your money work harder for you, call our 24-hour Privilege Banking Service Line at 1800 355 1118
      378 words
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  • SINGAPORE INTERNATIONAL
    • Article, Illustration
      Lock icon Making greater inroads in India
      1538 10 With the Indian economy in overdrive, Singapore companies are gradually warming up to opportunities there, reports VINCENT WEE ALL signs point to India's economy in overdrive. Its retail market, with sales of US$25O billion in 2003, is already among the world's top 10, and could
      1,538 words
    • Article, Illustration
      Lock icon First to China then to India
      440 10 LEARN your lessons in China and apply them in India. It might be an unorthodox approach but it has worked for First Engineering. The company's India unit is involved in vertically integrated engineering, including design and development, reverse engineering, injection mould fabrication, injection moulding
      440 words
    • Article
      Lock icon Doing things differently pays off
      528 10 PRECISION engineering company Trend Singapore has come a long way in the three years since it started to explore the possibility of setting up a manufacturing plant in India. Trend is active in the computers and peripheral, automotive, medical equipment, industrial testing equipment and telecommunications
      528 words
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      93 10 I* =r The Business Times SINGAPORE Singapore Singapore International a weekly industry-focused series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting overseas growth of Singapore-based enterprises and international trade. www.iesingapore.com iG ate 07 BSSESE9BBE3SS GLOBAL
      93 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Retail sales up 14% to $3b in June, thanks to GSS
      446 11  -  CHEN HUIFEN Watches, jewellery post biggest gain amid spending spree ahead of GST hike RETAIL sales grew 14.4 per cent year-on-year to about $3 billion in June, lifted by the Great Singapore Sale (GSS) and a spending avalanche on
      446 words
    • Article
      Lock icon Ex-NKF chairman may plead guilty: lawyer
      206 11 FORMER National Kidney Foundation (NKF) chairman Richard Yong may plead guilty to some of the charges against him, his lawyer is reported to have said. According to Channel News Asia, lawyer Jeffrey Beh said there are charges his client "can't run away from". He
      206 words
    • Article
      Lock icon S'pore teams up with WHO to improve water management
      319 11  -  MATTHEW PHAN MORE than 1.1 billion people worldwide who lack access to safe water could benefit from Singapore's expertise, with the signing of an agreement yesterday between the Singapore government and the World Health Organisation (WHO) to jointly promote safe management
      319 words
    • Article, Illustration
      Lock icon Customer base expected to rise after Thomson-Reuters merger
      487 11  -  NISHA RAMCHANDANI THE Thomson-Reuters merger will increase the range of industries served and customer base, while the complementary nature of the two companies will pave the path for successful synergy, said Reuters in an interview with BT yesterday. The merger with Canadian
      REUTERS  -  487 words
    • Article
      Lock icon Help for SMEs in implementing HR practices
      256 11 By NANDE KHIN SMALL and medium-sized enterprises (SMEs) can now get a leg up in implementing age-friendly HR practices. The Workforce Development Agency is joining forces with the Enterprise Development Centre Association of Small and Medium Enterprises (EDC@ASME) to help SMEs tap various
      256 words
    • Article
      Lock icon Great Eastern unveils new products for Elder Shield
      427 11  -  CONRAD TAN It also launches 2 medical insurance supplements LIFE insurer Great Eastern yesterday announced details of several new products under the revamped Elder Shield national disability insurance scheme. A 40-year-old man taking out a new policy under the enhanced Elder Shield
      427 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      337 11 In the matter of The Companies Act, Cap. 50 And In the Matter of PALM VALLEY CAFE PTE LTD [Company No. *****8608 C) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I, LEE SOOT KHIANG of 68 MEI HUAN DRIVE#I6-13, SINGAPORE *****0, NRIC
      337 words
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      372 11 Business Analysis A/Rep^Brig^^^'^^ Can you complete management reports within 3 hours with just a tew clicks ot buttons? A^r Can you build budget simulation models to answer AyW Sept 2007 'what-ifs' on the spot? M (Wednesday) Can you impress your management with robust The g££sE rium and interactive presentations? m
      372 words
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  • ECONOMY WATCH
    • Article
      Lock icon Economic, trade growth to slow in 2007: WTO
      344 12 Xinhua Uncertainty from market risks, large trade imbalances [GENEVA] Global economic and trade growth may slow down this year due to market risks and large trade imbalances, the World Trade Organisation (WTO) says in its 2007 annual report released on Tuesday. "Risks
      Xinhua  -  344 words
    • Article, Illustration
      Lock icon Financial pressure weighs on American consumers
      534 12 BLOOMBERG -LAT Rising prices, falling home values and credit woes could slow the economy [LOS ANGELES] Has the American consumer gone wobbly? Evidence continues to pile up that the weight of high gasoline prices, falling home values, tightening credit and the rising cost of
      BLOOMBERG; -LAT  -  534 words
    • Article
      Lock icon Japan's economy can withstand US sub-prime fallout: minister
      402 12 AFP [TOKYO] Japan's economy can withstand the fallout from the US mortgage problems, the government said yesterday, seeking to calm investor nerves after recent havoc on global markets Finance Minister Koji Omi expressed hope that the worst of the recent turbulence caused
      AFP  -  402 words
    • Article
      Lock icon China's factories slow tempo in July
      235 12 Reuters [BEIJING] China's industrial output slowed more than expected in July after tax changes made exports less attractive, suggesting to some economists that the country's politically sensitive trade surplus may shrink in coming months. The output growth of 18 per cent, which came a
      Reuters  -  235 words
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      291 12 jRHj H H k @»isi=f& Diners Club Card r oapp ac «//64i6 0980 A World of Exclusive Privileges Treats Ci\s^uu\ Diners Qlub K| www.ainers.com.sg -^L^uvW International 3^ IP Ir ill H 'approve^ s^fl B£ nQ^mFQiT gtn BBMHWIMM n. 7"* 11 T T I I I ■BMaii I ViiiaUgoH Majestic I
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Indon Q2 growth at 6.3% beats forecast
      518 13  -  LAUREL TEO Economy's strongest showing since Q4 2004 boosted by higher exports, FDI in Jakarta HIGHER growth in exports, consumption and foreign direct investment (FDI) helped Indonesia's economy to advance 6.3 per cent in the second quarter from a year earlier. The growth
      518 words
    • Article, Illustration
      Lock icon Proton launches new Persona sedan
      453 13 -AP It is pinning its hopes on the new model to lift sales [KUALA LUMPUR] Malaysia's money-losing national carmaker Proton yesterday launched a new stylish sedan that it hopes will lift its sagging sales and return the company to profit. The new model, together with
      -AP; AFP  -  453 words
    • Article
      Lock icon Error in KLCI causes confusion among investors
      337 13 [KUALA LUMPUR] An error by Malaysia's stock exchange operator Bursa Malaysia Bhd led to confusion among investors on Tuesday, a Malaysian newspaper reported yesterday. From being down 6.2 points at the midday break on Tuesday, the XL Composite Index (KLCI) suddenly went up
      337 words
    • Article
      Lock icon Bailouts only if in national interest
      289 13 [KUALA LUMPUR] The Malaysian government will step in to rescue troubled companies only if it is in the long-term national interest to do so, a top government official said, amid growing speculation a RM4.6 billion (Ss2 billion) lifeline may have been thrown to the
      289 words
    • Article
      Lock icon Indon coal producers unable to meet China demand
      420 13 Bloomberg [SINGAPORE] Indonesia's three largest coal producers can only supply 40 per cent of the power-station fuel sought by China for 2008, adding to a supply shortage that sent spot prices to a record last week. Executives from PT Bumi Resources, PT
      – Bloomberg  -  420 words
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      506 13 H^^flflC jJf^ B^. Si Wb&vT— Hi— I W /Z* DWIDOFF H If you are facing any of the following: You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for
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  • GREATER CHINA
    • Article
      Lock icon Listed companies allowed to sell corporate bonds
      383 14 Bloomberg Move is part of effort to encourage growth of local market for securities [BEIJING] China has issued rules allowing listed companies to sell corporate bonds on a trial basis in an effort to encourage the growth of the local market for the
      Bloomberg  -  383 words
    • Article
      Lock icon Goldstate Securities eyes US$4-5b IPO
      228 14 Reuters [SHANGHAI] China's Goldstate Securities, a partner of Belgium's KBC, aims to raise US$4-5 billion in a domestic IPO by March 2008, sources close to the plan said here on Tuesday, as local brokerages scramble to tap the red-hot stock market. The share offering, which
      – Reuters  -  228 words
    • Article
      Lock icon New index lists China's best governed firms
      270 14 Reuters China Mobile, Lenovo Group, Cosco Holdings on index [HONG KONG] An Australian investment research firm is set to launch an index of what it considers China's best-governed companies, citing data showing these stocks have offered better returns than the broader market. RepuTex
      – Reuters  -  270 words
    • Article, Illustration
      Lock icon China toy industry group aware of problems in March
      424 14 [BEIJING] China knew about problems with magnets on toys as long ago as March, an industry official said yesterday, following a second massive recall of Chinese-made Mattel toys due to hazards from small, powerful magnets. Mattel Inc, the largest US toy
      AFP  -  424 words
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      149 14 m \m 'lb I r fl flk «flflf «fl fli FV flflL flflW. jf /oi/g /ioi//ng advertisements on top of the breaking news.' V *^flfl ■fl flflfl "Nor /or *n«. I just want I ff)g /flttsr wm/s updates m and nommq else I flflflSEHSSflflfli I flfl^k. .flfll 4flt ■E7c¥nT*rr^flj ■■■■■■■■■■IfIHHHHHHHHHHHHHJ
      149 words
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  • INDIA
    • Article, Illustration
      Lock icon Singh marks Independence Day with call to fight poverty
      590 15 Reuters Celebrations marred by separatist violence in Assam, calls for general strike in Kashmir [NEW DELHI] Indian Prime Minister Manmohan Singh, speaking on the 60th anniversary of independence from British rule, said the country needed to work harder to fight poverty,
      – Reuters; AFP  -  590 words
    • Article
      Lock icon BURSA MALAYSIA
      2427 15 VOL Cooo) lug 15 RM \&M Realty 3.06 \bricBhd 0.29 \dvance Synergy 0.32 \dventa Bhd 1.54 \e Multi Hldgs 0.28 \ffin Holdings 2.57 \hmad Zaki Resou 4.32 McCorp 0.58 Mrasia Bhd 1.86 \kn Messaging Te 0.21 \kn Technology 0.77 Muminium Co 1.27 Amalgamated Ind 0.56 \minvestment Grp 3.58
      2,427 words
    • Article
      Lock icon Bear Steams to buy Ford's financial arm to enter India
      196 15 Reuters [MUMBAI] Bear Steams Co Inc plans to enter India by acquiring the financial arm of US-based car maker Ford Motor Co, The Economic Times newspaper said in an unsourced story yesterday. Bear Steams will buy the financial arm, Ford
      Reuters  -  196 words
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      2057 15 IN THE MATTER OF I 1 THE COMPANIES ACT, CHAPTER 50 IN THE MATTER OF IN THE MATTER OF AND THE COMPANIES ACT (CHAPTER 50) THE COMPANIES ACT, CAP. 50 YwlkcomiiD in the matter of in theZtter OF [In Members' Voluntary Liquidation) O.W&W INVESTMENTS LIMITED (I) KESTREL PROPERTIES PTE LTD.
      2,057 words
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  • MIDDLE EAST
    • Article, Illustration
      Lock icon Kuwaiti bank may raise stake in Egypt bank to 75%
      300 16 Bloomberg National Bank pays USsslom for 51% of ElWatany [DUBAI] National Bank of Kuwait (NBK), the Gulf state's biggest lender by market value, will seek to raise its stake in El Watany Bank of Egypt to 75 per cent after
      – Bloomberg; FILE PHOTO  -  300 words
    • Article
      Lock icon Sabic reduces size of its bond sale
      315 16 Bloomberg Bond sale will now consist of USsl.sb of senior notes due in 2015 that may yield 10.25% [NEW YORK] Saudi Basic Industries Corp (Sabic), the world's biggest chemicals maker by market value, cut its planned U552.76 billion bond sale by about 46
      – Bloomberg  -  315 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7705 16 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.065/ Star Europe Bond 1.184/ Star Europe Bal 1.238/ Star Asian Tiger Eqty 1.518/ Star Asia Bond 1.292/ Star Asia Balanced 1.103/ Star Global Technology Fund!** 0.234/ MultiStFd 1.003/ Star Asia Bond(USD) 0.849/ Gib Multi St USD 1.19/ Asia
      7,705 words
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      82 16 Allianz Global Investors one of the world's largest asset managers with more Allianz (Si) than US$l.2 trillion assets under management as at 31 December 2006. Global lnvestors v-» company regn. no *****7169Z Jl GAIN FROM OUR PERSPECTIVE iHL, MEET DR MOB|us JE# jql Tell us about your "Best Investment Experience
      82 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Citigroup, 4 others to set up private stock market
      497 17 Move comes a day before Nasdaq launches platform for private securities [NEW YORK] A group of Wall Street titans is joining forces to create a rival venue to Goldman Sachs Group's private system to trade the stocks of companies that do
      497 words
    • Article, Illustration
      Lock icon Mattel recalls more toys in Asia over lead paint
      571 17 -AP [SINGAPORE] US toymaking giant Mattel is recalling some models of Polly Pocket, Batman, Barbie and other Chinese-made toys from Asian markets as part of a major worldwide exercise to remove the toys from shelves because of lead paint and tiny
      -AP; AP n I n I -_ _ TI /T __ j.j. _ 7 __ _7 _7 __7 j.7_ __j. ___ _ _*• j. 7_ _  -  571 words
    • Article
      Lock icon VMware shares soar in top tech debut since Google
      212 17 [BOSTON] VMware shares soared 76 per cent in their trading debut on Tuesday, valuing the software maker at about US$l9 billion in the hottest technology IPO since Web search leader Google went public in 2004. Its shares closed at US$5l on
      212 words
    • Article, Illustration
      Lock icon Woods to design his first golf course in the US
      451 17 Reuters [RALEIGH, North Carolina] Two days after winning his 13th major title, Tiger Woods announced plans for the design of his first golf course in the US. The world No 1, who launched his own design company last year and
      – Reuters; AP  -  451 words
    • Article
      Lock icon BDO Seidman to pay US$521.7m in damages
      301 17 Bloomberg [NEW YORK] US accounting firm BDO Seidman must pay U*****.7 million for failing to detect a fraud that led to the collapse of a client company, a jury found, imposing punitive damages. The firm's chief executive officer said it couldn't pay. The
      – Bloomberg  -  301 words
    • Article
      Lock icon US July consumer prices edge up 0.1%
      286 17 -AP WASHINGTON] A big drop in the cost of petrol in July conxibuted to the smallest rise in consumer prices in eight nonths while US industrial output posted a solid gain. Consumer prices, which had been surging earlier in the /ear, edged up
      -AP  -  286 words
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      91 17 rJ\DUOREST 6 M|4 DUOREST* Ergonomic Chair is equipped with worldwide patented Duoback technology j from Germany. Ergonomically designed to support one's back firmly and distribute pressure <A evenly across the back, DUOREST" reduces stress on the lumbar vertebra by 50%. m Experience a back muscle relaxation therapy with DUOREST now.
      91 words
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  • AVIATION
    • Article, Illustration
      Lock icon China freezes applications for new airlines until 2010
      435 18 Bloomberg Pi lots, other workers have to cut overtime in move to slow down rapid growth [SHANGHAI] China suspended applications for new airlines until 2010 to prevent the world's sec-ond-biggest aviation industry from "growing too fast." Pilots and other workers will also
      Bloomberg; BLOOMBERG  -  435 words
    • Article
      Lock icon AirTran renews bid for Midwest, offers US$445m
      408 18 AP [MILWAUKEE] AirTran Holdings Inc revived its hostile takeover effort for Midwest Air Group Inc on Tuesday, offering U5516.25 per share in a cash and stock deal worth US$445 million. AirTran had been courting Midwest for two years and abandoned its hostile takeover
      AP  -  408 words
    • Article
      Lock icon Indonesian airlines join IATA audit scheme
      219 18 Xinhua [JAKARTA] Several Indonesian airlines have pledged to join the "extra-tough" audit programme of the International Air Transport Association (lATA) to improve their safety reputation, local press said yesterday. Several air carriers, such as national carrier Garuda Indonesia, Adam Air, Lion Air and Mandala
      ■ Xinhua  -  219 words
    • Article
      Lock icon Ho Chi Minh City to get new airport terminal
      304 18 -AFP [HANOl] A new international airport terminal is due to open next month in Vietnam's largest city, shortening waiting times and offering modern services to travellers, state media reported yesterday. Some flight check-ins are now being processed through the Japanese-built terminal
      -AFP  -  304 words
    • Article
      Lock icon JAL to increase surcharges on flights to the West, China
      175 18 Bloomberg [TOKYO] Japan Airlines Corp (JAL), Asia's largest carrier by sales, plans to raise ticket surcharges by 8 per cent on flights to the United States and Europe and 15 per cent on flights to China because of higher jet
      Bloomberg  -  175 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2329 18 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), At Air India (AIC),, 3y (FIN), AZ: Alitalia Airlines (AZA ntish Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlir (RBA), BO: Bouraq Airlines (BOU) vays Corpn (EVA), CA: Air China
      2,329 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      427 18 CRYPTIC CROSSWORD ACROSS 1 Negotiator gets the pass- B [2 I |3 I [4 I [i I |6 I word wrong (4,7) Female performer HI doing a maths exercise (11) 11 Noise one doesn't give if not BB bothered (4) IH H__H H__ 12 Weight system in old city (4)
      427 words
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  • SHIPPING
    • Article, Illustration
      Lock icon S'pore firm to plead guilty over Alaska grounding
      520 19 -AP IMC Shipping has agreed to pay hefty fine, says US attorney [ANCHORAGE, Alaska] Owners of a ship that ran aground on an Aleutian Island will plead guilty to illegally discharging its cargo and have agreed to pay a hefty fine, a
      -AP; AP FILE PHOTO  -  520 words
    • Article
      Lock icon Oil freight rates fall on plant maintenance
      465 19 Bloomberg [SINGAPORE] The rates for hiring medium to long-range tankers on Asian routes to transport oil products including diesel may decline after falling on maintenance plans by petrochemical companies. The rate of shipping a 55,000 tonne cargo to Japan from the Middle East
      – Bloomberg  -  465 words
    • Article
      Lock icon Carriers baulk at proposed rule requiring them to reduce speed
      556 19 Bloomberg [WASHINGTON] The international shipping industry, in a battle of leviathans, is asking the White House to water down a proposed federal rule requiring ships to reduce speed to avoid collisions with the endangered North Atlantic right whale. The US
      Bloomberg  -  556 words
    • Article
      Lock icon China Shipping Development posts 73% rise in H1 net
      147 19 [SHANGHAI] China Shipping Development Co Ltd yesterday reported a 72.53 per cent jump in first-half earnings on robust global demand for coal. The oil and coal carrier booked a 2.23 billion yuan (Ss44B million) net profit in the first six months
      147 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        101 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Labroy Marine MTQCorp NOL Pacific Shipping Pan-United Corp Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.83 0.37 4.62 0.79 5.50 0.90 0.10 1.06 1.67
        101 words
      • Article
        Lock icon KLSE
        36 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.48 9.50 9.50 3.82 2.91 0.25 2.12 -0.06 -0.40 -0.30 -0.16 -0.02 -0.02 -0.10 112 1484 2011 1863 291 140 26
        36 words
      • Article
        Lock icon BANGKOK
        12 19 ■oo ■recious Ship Jegional Cont .30.00 .28.75 -2.00 -0.50 4759 1261
        12 words
      • Article
        Lock icon HONGKONG
        6 19 '000 toil .81.00 -1.45 1201
        6 words
      • Article
        Lock icon PHILIPPINES
        22 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.50 29.00 unch 1.78 -0.20 -1.00 unch -0.02 4857 1781 0 170
        22 words
      • Article
        Lock icon TAIPEI
        21 19 Evergreen Marine ....20.70 :irst Steamship 73.80 /Van Hai Lines 22.55 r"ang Ming Marine ..22.70 -1.45 -5.50 -1.35 -1.30 1 2:
        21 words
      • Article
        Lock icon TOKYO
        41 19 '000 Kawasaki Hvy Ind ..495.00 -18.00 ***** Kawasaki Kisen ...1495.00 -54.00 9058 Mitsubishi Hvy 742.00 -33.00 ***** Mitsui Eng&Sbldg ..649.00 -28.00 ***** Mitsui Osk Lines ...1652.00 -46.00 ***** Nippon Express 596.00 -10.00 3743 Nippon Yusen 1114.00 -33.00 8906 Source: Reuters
        41 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Central banks should not lose their nerve
      493 20 THE debacle in world financial markets can be put down essentially to three things: over-borrowing, over-sophis-tication and over-optimism to which can be added a lack of sufficient oversight on the part of financial regulators. It is necessary to view things through this simplifying
      493 words
    • Article, Illustration
      Lock icon People the focus for India at 60
      976 20  -  JAYAN JOSE THOMAS REUTERS Numbering more than a billion, they form the pillar of India's democratic polity AS India celebrates its 60th year of independence, the mood in the air is a mixture of excitement and despondency. A new generation of Indian professionals
      REUTERS  -  976 words
    • Article, Illustration
      Lock icon FTAs leap in where the WTO has feared to tread
      842 20  -  ANTHONY ROWLEY THE BOTTOM LINE IF world trade can be likened to a motor show, then the vehicle that every country is clamouring to get aboard now is the free trade agreement. The FTA is seen as smart, fast and
      842 words
    • Article, Illustration
      Lock icon The last carve-up of maritime land
      992 21  -  ALISTER DOYLE Reuters Any state missing the May 13, 2009 deadline risks losing UN recognition of their claim on the North Pole A RUSSIAN flag on the seabed beneath the ice of the North Pole is among the few signs that states are waking
      – Reuters  -  992 words
    • Article, Illustration
      Lock icon Reasons for a credit crunch
      906 21  -  MATTHEW LYNN A slump in financial markets can be healthy as it tests the system and leaves it in better shape STOCK markets have tumbled, lending has been frozen, and central banks have injected emergency funds into the banking system. It has been impossible to
      906 words
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      62 21 Expert Help, Fast Turnaround to any accounting need: "^^^^^^fc^« clear "messy" accounts arising from change of systems staff turnover meet statutory Head Office reporting deadlines submit accounts to financial institutions reconstruct accounts from incomplete records extract financial information for a litigation crunch figures in preparation for IPO I Call 6-*****68
      62 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8412 22 Transaction date: Aug 15 Mi Low Code Com[ i an; Sale Cooo) Hi* ■ow B'u] rer Seller C'vr P/E $mil 3.5 2 5716 1st Software 22 6 3148 STelecom 34 20 5834 A-Sonic 103 98 6389 ABF SG I'.on.J I II 53 21 1500 ACEDyn.iinics 30 15.5 1938
      8,412 words
    • Article
      Lock icon SGX XTRANET
      71 22 Hii Low Code Comi >an' Sale COOO) Hii Low Bui rer Seller C'vr P/E Smil ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDP.S 3730 2495 6235 STI ETF 100 3761.6 2484.9
      71 words
    • Article
      Lock icon SGX SESDAQ
      2163 22 JiL Low Code Comi Sale rooo] JiL Low Bui Seller C'vr P/E $mil 30 13 1181 AAGrp 41.5 18 5000 ABR Hldgs 61 13.4 2319 Adampak 64.5 23 8515 Advanced Hldgs 16.5 1 1501 Advanced System 70.5 9 1524 Alantac 22.5 8 7814 Albedo 46.5 25.5 5021 Apex-Pal
      2,163 words
    • Article
      Lock icon CLOB INTERNATIONAL
      255 22 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum
      255 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      369 23 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Aug 14 World Index Preliminary 1113.3 -0.9 1.1 -1.0 1.8 -1.1 2.I EAFE Preliminary 1114.4 -0.8 0.6 -0.9 2.2 -1.0 Euro[ Preliminary 1505.6 -1.1 0.8
      369 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 23 A. s 9am Augis Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2660 1.2810 Can dollar 1.4210 1.4370 Euro 2.0560 2.0790 NZ dollar 1.0950 1.1190 jterlin mnd 3.0300 3.0640 US dollar 1.5200 1.5370 Local dollars to 100 units of foreign currency:
      132 words
    • Article
      Lock icon INTERBANK RATES
      162 23 Aug 15 Overnight 1 7/8 1 -month 2 3/4 2-months 2 3/4 3-months 2 13/16 Overnight mode: 2.53 US$ Offer 1 3/4 2 5/8 2 5/8 2 11/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 5.55 5.59 5.55 5.53
      162 words
    • Article
      Lock icon STOCK INDEX FUTURES
      21 23 Augis STI SIMSCI Aui 416.9 417.3 401.4 Taiwan Aug 336.5 336.5 326.3 Source: MF Global (S) Pte. Ltd
      21 words
    • Article
      Lock icon USS/SS FORWARD RATES
      21 23 Aug IS Bid Offer 1-month 1.5258 1.527 2-months 1.5224 1.5236 3-months 1.5189 1.5201 6-months 1.5099 1.5112 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      153 23 Aug is Currencies Bid Offer Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2661 1.2677 0.8278 0.8283 Canadian dollar 1.4252 1.4265 0.9318 0.9321 Euro 2.0631 2.0650 1.3489 1.3492 NZ dollar 1.0936 1.0958 0.7150 0.7160 Sterlim 3.0436 3.0460 1.9899 1.9902 US dollar 1.5295 1.5305 S$/US$
      153 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      316 23 Aug is EURODOLLAR FUTURES Sep07 Dec07 Mar08 Jun08 94.710 95.070 95.305 95.355 0 0 0 0 ***** ***** ***** 7053 EUROYEN FUTURES Sep07 99.160 99.185 Dec07 99.125 99.145 Mar08 99.065 99.085 Jun08 98.980 99.015 Sep08 98.885 98.920 Dec08 98.795 98.830 Mar09 98.740 98.750 Jun09 98.645B 99.160 99.125
      316 words
    • Article
      Lock icon SICOM FUTURES
      280 23 Aug 15 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Sep 07 Oct 07 Nov 07 Dec 07 Jan/Mar 08 Apr/Jun 08 323.75 322.25 322.25 321.50 321.00 323.75 RSS 3 (US cents/kg) Month Hig ah Low Sett Volume (tonnes)
      280 words
    • Article
      Lock icon CHICAGO BOT
      104 23 Aug 14 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Aug 07 850.00 861.00 862.00 846.50 Sep 07 851.00 866.00 866.50 847.50 Nov 07 866.00 881.75 882.50 863.50 Jan 08 881.75 896.75 897.00 879.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Aug 07 35.95 36.50 36.50
      104 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      79 23 CRUDE OIL PRODUCTS Aug 14 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 70.1 -1.83 WTI (Near Mth) 72.39 0.69 Dubai (1 -Mth F) 66.45 -0.35 Tapis blend 75.3 -0.7 Minas 72.5 -0.5 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 71.60 83.50 0.30 0.45 USS/barrel Opec
      79 words
    • Article
      Lock icon INTERBANK CROSS RATES
      446 23 Augis Australia 0.889 6.280 0.614 6.472 33.606 77.961 0.968 7.721 2.888 1.157 50.027 38.264 1.267 6.115 1.006 27.339 28.286 0.416 0.828 Canada 1.125 7.068 0.691 7.283 37.822 87.741 1.090 8.690 3.250 1.302 56.302 43.064 1.426 6.882 1.132 30.769 31.834 0.468 0.932 China 0.159 0.141 0.098 1.031 5.351
      446 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      86 23 Augis Period Issue code Maturity Yesterday's Bid Hii Day's [h Low 3-Month BQ*****S 15.11.07 1-Year BY*****V 30.04.08 2.44 2.39 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****0A 2.625 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****N 3.250 20-Year
      86 words
    • Article
      Lock icon SIBOR
      78 23 Aug IS (US$) (S$) 5.***** 2.***** 6 mths 2.***** 9 mths 3.***** 12 mths 3.***** 1 mth 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 9 mths 12 mths 5.***** 5.***** 5.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs
      78 words
    • Article
      Lock icon PALM OIL
      67 23 Aug 14 I KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Aug 07 2555 Sep 07 2532 Oct 07 2515 Nov 07 2500 Total o/p: ***** contracts 2537 2555 2555 12 106 2521 2535 2503 1750 ***** 2490
      67 words
    • Article
      Lock icon PRECIOUS METALS
      170 23 Aug is GOLD (USS/oz) Aug IS Aug 14 GOLD BULLION COINS (SS) Sellini Bll rim Hong Kong 665.00 667.00 665.50 667.50 Aug 14 Aug 13 London 668.40 669.90 669.20 670.50 Source: Reuters paj veiling puyniq 1 oz 1143.83 1021 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $401.25
      170 words
    • Article
      Lock icon LONDON METALS
      68 23 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2489.20 2530.00 3 months 2552.00 2593.00 Copper, Grade A (US$/tonne) Cash 3 months 7564.00 7415.00 7711.00 7555.00 Lead (US$/tonne) Cash 3080.00 3 months 3010.00 3071.00 3000.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3 months *****.00
      68 words
    • Article
      Lock icon LIFFE
      82 23 Aug 14 (£/tonne) Close Prev Hii ih/Low Sep 07 961 966 975/959 Dec 07 991 996 1005/988 Mar 08 1008 1013 1022/1005 May 08 1017 1022 1029/1016 COFFEE (US$/tonne) Close Pev High/Low Sep 07 1769 1807 1813/1762 Nov 07 1792 1829 1835/1785 Jan 08 1786 1822 1830/1781 Mar 08
      82 words
    • Article
      Lock icon BONDS & WARRANTS
      3110 23 BONDS WARRANTS el lode Company Last Sale Vol Conv Exer +or- ('000) Ratio Price Disc Gear- Mths ing Lef1 S779 ASL Marine Hldgs W*****1 94 -1 20 1631 Ace DynamicsW*****7 27 -1 20 I473 Ascendas REIT SGA ECW*****0 12 -12.5 43 )092 Asia Environment W*****4 31 -2 5 1481 #Asia
      3,110 words
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      Lock icon Page 24 Advertisements Column 1
      2941 24 The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE WbP^V YV Destination Destination DURUMATA RTM/ATW/UK PACIFIC PIONEER CAM/NFK/SAV/NOL r lrrkl WALLENIUS WILHELMSEN Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia I Q Q I S T I C S MIDDLE-EAST SERVICE F.E./S.E.A. SERVICE Destination I I Destination I
      2,941 words
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      4369 25 WAN HAI INTERNATIONAL PTE LTD CRN0:**********0/R /j®rt C*i T#i 'i /T'/^ V-TT^l in..,. TEL *****588 (14 LINES) FAX:*****163 KAI |S| Bfifl IH W& £_J 41 \IJMt V\\N 1 WAN HAI INFx Customer Service/Bookings Dirert line-(1800) *****200 B^yJJV.-M E9 BK E9 SB BSfl W^^oWW V ll IIHII nMI LI lit J
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      4682 26 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
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  • BizIT
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      Lock icon Security firms warn of Web 2.0 dangers
      797 27 Social or networking sites are a prime target for information harvesting, reports ROLAND LIM WHILE computer security firms here have not seen any major security compromises arising from the use of Web 2.0 platforms among local users, they are now warning companies and
      797 words
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      Lock icon Web Safety 2.0
      341 27 SECURITY firm Think Secure has the following advice for individuals looking to reduce their risk while using the latest Web 2.0 services: Do not disclose more personal information online than you would in the real world. If at all possible, do not disclose anything online that could
      341 words
    • Article
      Lock icon Tips for companies to fund innovation
      910 27  -  TEOW BEE KIM <you say> Start with trusted partner who has thorough understanding of both innovation and technology dress funding for innovation: 1. When approaching large transformational projects, align costs with anticipated project benefits. There are a range of offerings in the marketplace that
      910 words
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      Lock icon Dow Jones keeps pace with Web 2.0
      618 27 It embraces Web 2.0 applications to the firm's advantage By WINSTON CHAI THE goals of informal websites like Linkedln and serious financial information portals may seem worlds apart, but a senior Dow Jones executive appears to have found a way to join the
      618 words
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  • PROPERTY
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      Lock icon UK quoted property worth a look: analyst
      543 28 Reuters Investors may benefit by tapping opportunities in the sector [LONDON] Investors can benefit from a wealth of opportunities in the UK quoted property sector, currently battling the toughest market conditions seen in more than five years, one of Britain's fastest-growing fund management
      – Reuters; BLOOMBERG  -  543 words
    • Article
      Lock icon Strong take-up
      124 29 No. of uncompleted homes launched sold by developers iuiml iv\j. ur new iuihl ivu. ur new iv\j. ur uni i j julu PERIOD UNITS LAUNCHED UNITS SOLD ABOVE $4,000 PSF June'07 1,137 1,150 16 July'07 1,315 1,378 72 change 157 1^8 350 Lowest-priced and highest-priced non-landed units sold*
      124 words
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      Lock icon More properties sold for $4,000 psf in July
      584 29  -  KALPANA RASHIWALA But prices are much lower at some projects in Other market Segments DEVELOPERS managed to sell 72 homes for more than $4,000 per square foot last month four-and-a-half times the 16 homes they sold at this price in June, latest
      584 words
    • Article
      Lock icon Japan fund to put US$5.5b into property
      116 29 Reuters [TOKYO] Japan's largest pri-vate-sector pension fund manager, the Pension Fund Association, will invest as much as US$5.5 billion in the business year starting next April lin real estate development projects, tne T r Nikkei business daily reported yesterday. The association, which manages
      Reuters  -  116 words
    • Article
      Lock icon Snapped up
      666 29 Sample of private residential units sold in July by developers Projects that saw primary market sales at above $4,000 psf last month included The Orchard Residences, The Marq On Paterson Hill and Cliveden at Grange. NAME UNITS LAUNCHED TO-DATE UNITS SOLD TO-DATE SOLD IN JULY PRICE ($PSF) NUMBER
      666 words
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      Lock icon HK's Wharf reports 38% surge in H1 profit
      345 29 Bloomberg [HONG KONG] Wharf (Holdings) Ltd, a Hong Kong commercial landlord and container terminal operator, said first-half underlying profit rose 38 per cent, helped by China property sales and sea-cargo demand. Profit excluding property revaluation gains rose to HK52.63 billion (*****.2 million)
      – Bloomberg  -  345 words
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      Lock icon Home ownership rate in NZ slips to 66.9%
      241 30 -Bloomberg Strong growth in home prices reducing housing affordability: govt [WELLINGTON] New Zealand's home ownership rate fell last year and is projected to keep declining for the next 10 years, according to government research based on the 2006 census. The proportion of
      -Bloomberg; BLOOMBERG  -  241 words
    • Article
      Lock icon Lend Lease posts 59% gain in H2 profit
      283 30 -Bloomb- [SYDNEY] Lend Lease Corp, Australia's biggest property developer, chalked up a 59 per cent increase in second-half profit as Asian and US building contracts bolstered revenue amid declining housing demand in the company's home market. Net operating income jumped to A
      -Bloomb  -  283 words
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      Lock icon Foreign buyers fuel boom in Swiss property
      702 31 Reuters Top-end homes in and around Zurich surge to record levels [KUESNACHT, Switzerland] While home prices have exploded in cities like London and Madrid in recent years, a quieter but nonetheless significant boom is taking place in the normally staid property market in
      Reuters; REUTERS  -  702 words
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      1078 28 GOOD CLASS BUNGALOWS j. -j. J0 ASTRID well-kept. P001...16,000 sf KIMGSMEADnearMRT....I4,OOOsf 1./•_■&■• -V'-£ BELMONT elevated 16,000 sf LADYHILL rare sale! 16,000 sf H_W»'; '&'f*_s BINJAIPK tropical 28,000 sf LEEDON nice layout 16,000 sf Bk i ,^_o BISHOPSGATEmove-in!..17,0005f MARGOLIOUTH rare! 19,000 sf BF*" <>r*_3i "-sc> CHATSWORTH prime! 18,000 sf MT ECHO
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      249 28 For Sale By Tender IQTg Prime Conservation Shophouses At Bencoolen Street with Large Floor Area rochor road Site Area: approx 19,999 sq ft La Salle SIA Sim Lim „Alber* Bugls Arts College h- Square Complex Entertainment j_ QFA: appTOX. 41 ,71 3Sq ft KH I BS=K" B Zoned' Commercial', within
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      66 29 |MESSn?3n9^3pßi| Freehold Strata Commercial Space "B«_Lfl_a_i_i^_3_fl_yl For Sale BBH IRjßpi^***^ zoning^"^ I I East Gate g46 East Coast Road jr^al E^| premium scheme j-^ 3 minutes walk to Parkway Parade Marine Parade Central Ik.^, t Closing Date: 22nd August 2007, 3pm For more information, please contact Ms Sim Ling at
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      656 31 For Sale by Tender ™I Site area 3,863.1 sqm Novena Square «S. _\J-£_ (41,582 sq ft) a (b»»»im) /^^^^Mdhlll Moul "Wn Road N^vA **w stMic^s* as t er p| an 2003 plot T \fc__ ratio 28 l Makeway View] y\ ■"road Height restriction 81 AMSL \VV^_-_{/___---2^ __-JS ====T_l_Sl'<' s MmP
      656 words
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      1504 32 NEW YORK TIMES BESTSELLER! ImMnViVMimm^M^m****! BT ADVERTORIAL warren] I'm not a big fan of tuition. You heard me, I'm R FFF TT P^^ V f^ 00 not. Life was a lot simpler, for both parents and __LP UJ.J.MJ M. J. Jtmammmmammmmm^ \C\/°^ en Wren's time children, when there weren't so
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