The Business Times, 12 September 2007

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Microfilm: NL27785
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    22 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 Wednesday, September 12,2007
    22 words
  • Article, Illustration
    Lock icon Ang Mo Kio condo site sets record
    651 1  -  UMA SHANKARI Far East's $202.9 m winning bid means suburban project may eventually launch at over $1,100 psf [SINGAPORE] A plum condominium site in the heart of Ang Mo Kio has set a new record for suburban land prices, fetching some $601 per
    651 words
  • Article, Illustration
    Lock icon Shanghai stocks dive as inflation soars
    537 1 Reuters Interest rate fears fuel 4.5% plunge in Shanghai market [BEIJING] Soaring food prices propelled China's annual consumer price inflation to 6.5 per cent in August, the fastest pace in nearly 11 years, cementing expectations the central bank will defy the global trend and
    – Reuters; Reuters  -  537 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      46 1 uesday 1,286.33 lange -4.37 1 COMP IIKKEI225 15,877.67 +112.70 1ANG SENG 23,952.24 -47.46 SET INDEX 801.54 +4.69 JAKARTA COMP 2,211.41 +1.77 1ANILACOMP 3,267.97 -13.11 ;eoulcomp 1,847.36 +11.49 ;henzhen b 719.55 -26.67 IUMBAI IND 15,542.77 -54.06 12NOON EDT Change 13,234.18 +106.33 )OW IAS DAI 2,579.84 +20.73
      46 words
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.75 INDONESIA 15.667 TAIWAN 5.956 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 8.25 CANADA 6.25 SWITZERLAND 4.26 INDIA 12.75 Source:
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      39 1 IS$ (S$ per US$) 1.523 (uss/ss ier 2.026 3.086 ;uro(us$/ss/e) 1.379 2.100 'EN 113.50 74.50 3.518 2.310 IK$ 7.784 5.111 !AHT 34.26 22.49 1UPIAH 9,448 6,203 1ENMINBI 7.523 4.939 INDIAN RUPEE 40.62 26.67 1.211 0.795 IZ$ 1.442 0.947
      39 words
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      3 1 8 *****1 *****4
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    • Advertisement
      Lock icon Page 1 Advertisements Column 2
      113 1 FOR SALES ENQUIRIES. PLEASE CALL SC GLOBAL DEVELOPMENTS AT (65) 6100 2323 OR VISIT WWW.HILLTOPS.COM.SG Developer: Taravllle Pte Ltd. Company Registration No.: *****4561 E. Developer^ Licence No.: C 0219. Expected Date of Delivery of \tecant Possession: 31 October 2011. Expected Date of Legal Completion: 31 October 2014. Tenureof Land: Estate
      113 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      61 1 OBITUARY M^% PROPERTY FORBES CONFERENCE MOTORING JMfL, Anita Roddick I IJ^S Q3 may see slowdown Property boom far from over: Safety sells J m dies at 64 *':M in private home sales Kwek Leng Beng for Volvo (P-^ ____J| RAGE 18 "^B RAGE 2 PAGE 10 RAGE 21 Jlr^H^^^T^lK Money
      61 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Private sector to lead growth corridors' devt: Abdullah
        46 2 MALAYSIA wants to encourage private enterprise to lead the development of the country's planned growth corridors such as Johor's planned Iskandar Development Region Malaysian Prime Minister Abdullah Badawi told the Forbes CEO Conference yesterday. TOP STORIES, PAGE 3
        46 words
      • Article
        Lock icon Tiong Woon unit wins $64.8m shipbuilding order
        60 2 TIONG Woon Oil Gas Services, a wholly owned subsidiary of mainboard-listed Tiong Woon Corporation, has made a foray into shipbuilding through a maiden contract worth a provisional sum of $64.8 million. The deal is for the construction of a derrick pipelay barge scheduled
        60 words
      • Article
        Lock icon Bus fares to go up from Oct 1, no change for train
        72 2 LISTED public transport operators SMRT Corp and SBS Transit have succeeded in their application to raise bus fares but not train charges. Bus fares will go up by one to two cents from Oct 1 after the Public
        72 words
      • Article
        Lock icon Chinese petrochemical firm launches IPO in S'pore
        63 2 CHINA-BASED petrochemical company Sinostar PEC Holdings has launched its initial public offering for a Singapore Exchange mainboard listing. The company is offering 160.4 million shares at 38 cents each based on a historical price-earnings ratio of 9.64 times. The $61 million IPO comprises
        63 words
      • Article
        Lock icon Big fall in Hungry Ghost month auctions this year
        73 2 OF the 131 properties put up for sale by auction during this year's Hungry Ghost month, just 10 were sold for a total value of $9.56 million new data from property firm Colliers International shows. This figure is one ofthe lowest
        73 words
      • Article
        Lock icon Fed officials see threat to growth in sub-prime mess
        58 2 THREE senior Federal Reserve officials said on Monday that the turmoil in housing and mortgage lending had begun to threaten the overall economy, a condition policy makers have said is the crucial test for deciding whether to lower interest rates at
        58 words
      • Article
        Lock icon Discounts help lift India car sales 18% in August
        68 2 CAR sales in India jumped 18 per cent in August from a year ago, led by the country's biggest car maker Maruti Udyog and helped by heavy discounts, according to industry figures yesterday. But total vehicle sales in the country fell
        68 words
    • Article
      Lock icon Slower Asean growth seen next year
      375 2 [SINGAPORE] Investment bank Morgan Stanley has cut its forecasts for next year's economic growth in Singapore and the rest of the Asean region, saying that what were once "rising risks" from the US housing slowdown and sub-prime mortgages crisis have "become reality". The US
      375 words
    • Article
      Lock icon Q3 may see slowdown in private home sales
      804 2  -  KALPANA RASHIWALA But new launches may accelerate activity again, say market watchers By [SINGAPORE] Private home sales are expected to slow this quarter the result of the twin effects of the US sub-prime woes which made the headlines in August and the
      804 words
    • Article, Illustration
      Lock icon SPC to step up investments in search of growth
      697 2  -  RONNIE LIM New plants planned, oil production to be cranked up [SINGAPORE] Armed with a sizeable war-chest, the Singapore Petroleum Company (SPC) is prepared to splurge to grow. For starters, SPC and partner Chevron expect to finalise another clean fuels plant
      697 words
    • Article, Illustration
      Lock icon KL wants private sector to drive growth corridors
      455 3  -  MATTHEW PHAN Abdullah unveils programmes aimed at encouraging foreign investment chemicals and tourism, and Sabah and Sarawak as hubs for sectors that can profit from natural resources and biodiversity. "Before, when we had such plans, we always filled the top positions with
      THONG KAH HOONG/LIANHE ZAOBAO  -  455 words
    • Article
      Lock icon Changi Airport taps talent with advisory group
      572 3  -  YEN SREENIVASAN 3 experienced senior officials appointed as advisers By SINGAPORE] Changi Airport has set up a new advisory group aimed at using the talents of some of its most experienced senior officials as consultants and advisers after they have retired. Liew Mun
      572 words
  • Page 2 Advertisements
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      872 2 people.,, Your search WOrk ends here. www.thepeopleatwork.com Asia-Pacific Executive Search Belmontl 5000 sqft Nice land M V j^S A *^.^M V 'A.^H Binjai Park ***** sqft elevated V X H I&V M^V Bfc .^3 LI I ■fl^^Ll BukitTimah ***** sqft, hilltop L^b^L^b^b^bH L^k*>^^a2^ K-^L^a^^d^BJ E_^a^ X_^9S^l rsctdngulsr Op6n Housc> Cluny
      872 words
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  • Page 3 Advertisements
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      61 3 BW m m =9 3 "i V Of BJ BB^ B^kV < I B i Wfivmirfß!' ■bP^--'-^- n B Ji Kv^ lj ',|)|b i/f IBHr>v 5 JGk W' JBtS Bsf < WKrWxJmmElniU k-. rfrt^ L«^« JBT \WiJM .^M 80. Jll i^^ta^fl Sfi^. Bk jjSSJkP^BJ |B B W< M& Bt fk^"JßY^
      61 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Tiong Woon unit wins order in shipbuilding
      376 4  -  AMIT ROY CHOUDHURY Maiden contract worth $64.8 m inked with Norce Offshore By TIONG Woon Oil Gas Services (TWOG), a wholly owned subsidiary of main-board-listed Tiong Woon Corporation Holding (TWC), has made a foray into shipbuilding through a maiden contract worth a provisional
      376 words
    • Article
      Lock icon When good news doesn't excite
      526 4  -  CHOW PENN NEE BANKS here should be cheering record loans growth; instead, they have borne the brunt of the sub-prime debacle. According to a DBS Group Research note, banks' loans growth has hit an all-time high, rising nearly 11 per cent from a year ago.
      526 words
    • Article
      Lock icon Portek clinches deal to manage 2 ports in Gabon
      320 4 MAINBOARD-LISTED Portek International said yesterday it has broken into the Central West African port market. Portek, which provides equipment, services and solutions to the port industry and operates medi-um-size ports, has won a 25-year concession to manage two mul-ti-purpose ports in
      320 words
    • Article
      Lock icon Bus fares to go up from Oct 1, no change for train
      574 5  -  SAMUEL EE Rise of 1 to 2 cents; PTC says majority of commuters will see no increase or small increase LISTED public transport operators (PTOs) SMRT Corp and SBS Transit have succeeded in their application to raise bus
      574 words
    • Article
      Lock icon STX Pan Ocean IPO to raise US$630m
      440 5 -Reuters [SEOUL/SHANGHAI] STX Pan Ocean a South Korean shipping firm listed in Singapore, is raising US$63O million in the country's biggest initial public offering (IPO) this year after pricing its offer above an indicated range on heavy investor demand, sources said yesterday. The
      -Reuters  -  440 words
    • Article
      Lock icon Aban Offshore to list unit on SGX: sources
      299 5 Reuters SINGAPORE] The Singapore unit of Indian oil services inn Aban Offshore plans to list on the Singapore Exchange and may raise around US$4OO million next year, ;wo sources said yesterday. "It will be between JS$35O-$4OO million and on the SGX," a
      – Reuters  -  299 words
    • Article
      Lock icon Chinese petrochemical firm launches IPO
      424 5  -  > WEE LI-EN CHINA-BASED petrochemical company Sinostar PEC Holdings has launched its initial public offering (IPO) for a Singapore Exchange mainboard listing. Sinostar processes raw liquefied petroleum gas (LPG) to produce downstream petrochemicals, namely propylene, polypropylene and LPG. Its products are sold in China mainly
      424 words
  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      202 4 How many OTC oil freight trading agreements do you need? "Just One". V With SGX AsiaClear® With just a single agreement, you can trade Oil Swaps and FFAs with over 125 market counterparts on SGX AsiaClear®. And you don't even need to be an SGX member. What's more, you can
      202 words
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      Lock icon Page 4 Advertisements Column 2
      1940 4 IN THE MATTER OF THE B COMPANIES ACT, CAP. 50 IN THE MATTER OF PROXIM SINGAPORE a/>nU/lC<l PRIVATE LIMITED SCO VVISe (IN MEMBERS' VOLUNTARY LIQUIDATION) ECOWISE HOLDINGS LIMITED Extract of the Minutes of an (Incorporated in the Republic of Singapore) PRoiflM1" sTngapoß^Wlvlte (Company Registration Number: *****9835 C) LIMITED signed by
      1,940 words
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      127 5 ft K]J" ir^rj!iiJ?aitft^^ Hw all *"*",J k dfli K." "SSffi iSy^B -L- jB J—'"■ jjMSßßßiEiiMjLijtiiiLH^tßgA f, 1)57 i<; :>'-■ HU, iiV'H^^v MAKE A MARK FOR YOURSELF. The Jaguar XJ isn't all about technological breakthroughs. It's about a driving experience that never allows technology to overwhelm. It's about getting behind the
      127 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon US dollar comes under serious attack again
      937 6  -  LARRY WEE CURRENCIES Who will be the most likely winners and losers if its losses are extended? Senior Correspondent ALL too suddenly, as often happens in currency markets, everything is going wrong for the US dollar again. Ongoing worries in US credit markets
      937 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      99 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 113 4 0 0 0 113 4 Manufacturing 76 73 60 17 13 13 93 86 73 Commerce 37 11 28 46 16 33 Tpt/Stor/Comms 26 27 11 Finance 13 14 14 14
      99 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      124 6 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 35,002 35,002 130,646 130,646 Manufacturing 357,048 415,310 772,358 358,418 109,526 467,943 Commerce 531,223 24,327 555,550 124,107 11,393 135,500 Tpt/Stor/Comms 214,527 2,076 216,603 365,750 1,254 367,004 Finance 45,812 181 45,993 620,782 27 620,809 Construction 117,279 128,733
      124 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      230 6 tod name lose lange Jlgreen 0.50 1.670 -0.030 \scendasreit 0.93 2.600 +0.090 lapitaComm 0.55 2.720 +0.120 la pita Land 4.82 7.550 +0.050 :apitaMall 0.93 3.600 +0.160 :hart SemiCond 0.56 1.060 :ityDev 2.79 14.800 -0.200 lomfortDelGro 1.36 1.970 +0.040 losco Corp 1.77 5.450 +0.200 Creative Tech 0.15
      230 words
    • Article, Illustration
      Lock icon ST Index recoups Monday loss
      460 6  -  R SIVANITHY STOCKS Senior Correspondent AN ABRUPT afternoon reversal in China, Hong Kong and the US futures market yesterday threatened to destabilise the local market, but a firm opening for Europe helped restore confidence. As a result, the Straits Times Index at the end of
      460 words
    • Article
      Lock icon BROKERS' TAKE
      321 6  -  MATTHEW PHAN City Developments Sept 11 close: 5514.80 Citigroup Research, Sept 11 AWARDED tender for Beach Road site: The consortium of City Dcv, Istithmar and Elad Group was awarded the tender for the 3.5 ha commercial site at Beach Rd. As part of a two-envelope tender process, the
      321 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article, Illustration
      Lock icon UOB SESDAQ INDEX
      3 6
      3 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      49 6 Sep 11 VALUE CLOSE 647.00 +249.0 IT OB/OS IT CADI -*****.00 +63.0 IT 10-day MA -*****.00 +64.00 ll-SG Equities 958.84 +13.08 G Equities Elect 123.48 +2.04 G Equities Fin 2406.63 +27.85 G Equities Prop 1471.36 +10.03 IMSCI 430.30 +7.23 IMSCI Futures 431.00 +5.60 rimePartnersCI 248.74 +3.46
      49 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 6 VOLUME Diqiland 323,901,000 Armarda 96,229,000 Lexicon Grp 88,158,000 Jade Tech 75,304,000 Alantac 70,534,000 Centillion 65,753,000 Ban Joo 55,221,000 Penguin 53,003,000 LottVis 52,560,000 Sapphire 50,757,000 VALUE(S) UOB 281,388,800 DBS Grp 152,024,300 SGX 102,536,900 SingTel 99,904,140 Wilmar 76,886,020 OCBC Bk 75,765,800 Capita Land 73,145,800 Keppel Corp 72,168,275 CityDev 56,058,700
      55 words
    • Article
      Lock icon RISES
      98 6 CLOSE UP 2730 91.4 2.2 IMH iBS Bk6% NCPS 10 ***** 70.0 0.6 in LandW*****6 58 52.5 954.5 lardine C&C 1720 50.0 3.0 I A 1950 40.0 2.1 IOB 2150 40.0 1.9 :CCCRBeCW*****5 344 34.0 11.0 ;GXMBLeCW*****3 84.5 31.5 59.4 :iMBAsean40 100US$ 895 30.5 2.3 IA 10 1940 30.0
      98 words
    • Article
      Lock icon FALLS
      115 6 !.93%Pref10 BY CENTS CLOSE DOWN *****-100.0 -1.0 OCBCCai Omei lav 3050 -50.0 -1.i GLD 10US 6960 -30.5 -0.3 China H 10US! 1840 -30.5 -1.1 Cifr 1480 -20.0 -1.3 STI 3600SGAePW*****7 58.5 -13.5 -18.8 NOLSGAeCW*****7 45.5 -12.5 -21.6 HPL100 444 -12.0 -2.6 STI 3500SGAePW*****7 40.5 -11.5 -22.1 BukitSemW*****3 595 -10.0
      115 words
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      159 6 CFDs ON SAXOTRADER h^— ssssassu BED i-^^P^tl.h: m j s^s^-a THE MULTI PRODUCT EH MINIMUM CAPITAL |M| sS-£L ■a a Wk M P^ J^ 'L I',—^»-£^ CLIENTS WORLDWIDE. IvlAXllvlUlvl LEVERAGE mm*i N A swssr— I r^r üb*j Email ps@saxomarkets.com.sg Leverage investments up to 10 times by trading CFDs on SaxoTrader.
      159 words
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      340 7 Citi Premier Miles Most miles. Most freedom to redeem them. They are your miles. So shouldn't you have the choice of how to redeem them? mil IE 777 lire— |-,n. 414? VISA SIGNATURE Unlike ordinary miles, Citi Miles do so much more. Earn the most miles whenever you charge I
      340 words
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  • COMPANY NEWS
    • Article
      Lock icon New chief for Singapura Fin
      461 8  -  SIOW LI SEN Teo Chiang Long hands CEO baton to son Jamie; keeps chairman post SINGAPURA Finance's Jamie Teo has succeeded his father Teo Chiang Long as chief executive officer. Jamie, 34, who was deputy CEO, assumed the top post yesterday. In a filing to
      461 words
    • Article
      Lock icon Shin drafting new business plan
      276 8 Reuters [BANGKOK] Shin Corp, Thailand's top telecoms group, said yesterday that it was working on a new business plan but was cautious about looking for opportunities to invest after the US sub-prime mortgage crisis. Shin, controlled by Singapore's Temasek Holdings, expected to finish the business
      – Reuters  -  276 words
    • Article
      Lock icon ECS to distribute new gaming product
      322 8  -  OH BOON PING IT products distributor ECS Holdings has forged a tie-up to distribute a new gaming product in the region, as part of its strategy to grow the storage and wireless network business. Yesterday, the company said it is distributing the Buffalo Wi-Fi
      322 words
    • Article
      Lock icon Citibank partners SMRT to launch S'pore's first 3-in-1 debit card
      295 8 CITIBANK has launched a new debit card the latest move in its strategic partnership with transport operator SMRT Corp and part of its campaign to reach out to heartlanders. The card is Singapore's first 3-in-l offering; it combines EZ-Link, debit
      295 words
    • COMPANY BRIEFS
      • Article
        Lock icon Technics unit bags $5.25m in China deals
        107 8 NORR Systems, a 51 per cent-owned subsidiary of Technics Oil Gas, has secured $5.25 million worth of contracts for the design and supply of 18 units of shipboard automation systems from four shipyards in China. The orders include another batch of repeat orders
        107 words
      • Article
        Lock icon Swissco adds vessels to fleet for $15m
        86 8 SWISSCO Offshore, wholly owned by Sesdaq-listed Swissco International, has recently ordered two more offshore support vessels to add to its fleet at a cost of $15 million, excluding owner's supplied items. The first unit is a 5 5-metre Azimuth stern drive anchor handling
        86 words
      • Article
        Lock icon Darco seals $40m bond facility
        39 8 DARCO Water Technologies has secured a $40 million convertible bond facility from UK-based fund manager, Pacific Capital Investment Management, for its business expansion in build-own-transfer (BOT) water-treatment plants projects and for working capital purposes.
        39 words
    • Article, Illustration
      Lock icon Big fall in Hungry Ghost month auctions this year
      459 9  -  UMA SHANKARI Market conditions cited for sale of only 10 out of 131 properties offered OF the 131 properties put up for sale by auction during this year's Hungry Ghost month, just 10 were sold for a total value of $9.56
      459 words
    • Article
      Lock icon Wonder is the theme for Singapore Biennale 2008
      292 9 THE theme for Singapore's second Biennale next year is Wonder, the National Arts Council announced yesterday. The Singapore Biennale, to be held next year from Sept 11 to Nov 16, is a contemporary art event intended to encourage discourse and interaction between
      292 words
  • Page 8 Advertisements
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      427 8 LAND FOR JB*% st Dtals M gijfifl Jj Location Ang Mo Kio Street 52 I J| Proposed Development Public Housing 3 Land Area 16,789.1 sq m PUBLIC HOUSING DEVELOPMENT M Maximum Gross Floor Area 58,761.85 sqm UNDER DESIGN, M V Lease Term 103 years BUILD SELL SCHEME Project Completion Period
      427 words
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      148 9 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 staff development for payroll processing functions. You or your payroll staff
      148 words
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      Lock icon Page 9 Advertisements Column 2
      108 9 GOOD THINGS COME TO THOSE WHO WAIT. GREAT THINGS, HOWEVER, DO NOT. Attractive ONE 15 pre-official launch membership rate ends this month. Like the unique black pearl, the rarity and exclusivity of a ONE 15 membership make it much sought-after and highly valued. And it's bound to appreciate. So don't
      108 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Market turmoil seen cutting equity buyouts of listed firms
      434 10  -  CONRAD TAN FORBES GLOBAL CEO CONFERENCE But private equity firms expected to remain active in emerging markets PRIVATE equity buyouts of listed companies are expected to decline as a result of the current financial market turbulence, but industry experts said yesterday
      434 words
    • Article
      Lock icon Watch 'green rubber' bounce back to life soon
      368 10  -  MATTHEW PHAN SREEN Rubber Global a Malaysian company that counts Hollywood stars Mcl Gibson and Bruce Willis among its sharehold3rs, could soon be making waves in the global rubber industry with technology that recycles rubber from old tyres. The process, called De-Link,
      368 words
    • Article, Illustration
      Lock icon Property boom far from over: Kwek Leng Beng
      478 10  -  t CONRAD TAN By CITY Developments executive chairman Kwek Leng Beng believes that the property boom here is far from over, despite the current financial market turmoil. "The boom actually just started in 2005, and if you're thinking of a relapse, I
      BLOOMBERG  -  478 words
    • Article
      Lock icon Biotech firm discovers drug for rare blood disorders
      304 10  -  CHEN HUIFEN By SINGAPORE firm S*Bio says it has discovered a drug that treats conditions arising from a proliferation of certain blood cells and is raising US$3O million to fund clinical trials. The drug, code-named SBISIB, could be the first available therapy
      304 words
    • Article
      Lock icon NTU, Lien Foundation launch $20m fellowship to promote Sino-S'pore ties
      340 10  -  LYNETTE KHOO NANYANG Technological University (NTU) is partnering the Lien Foundation to set up the Lien Ying Chow Legacy Fellowship, endowed with $20 million and aimed at strengthening ties and promoting trust between Singapore and China through intellectual, cultural and
      340 words
    • Article
      Lock icon Japan's Kanto Chemical building $20m facility here
      574 10  -  LYNETTE KHOO REFLECTING its bullish view on the growth of the semiconductor and hard disk-drive sector here, Kanto Kagaku Singapore (KKS), part of Kanto Chemical Co Inc (Japan), is building its facility here to produce highly functional chemicals for the semiconductor, HDD and
      574 words
    • Article
      Lock icon HDB launches design, build and sell site at Ang Mo Kio
      367 10  -  ARTHUR SIM THE Housing and Development Board has launched a third Design, Build and Sell Scheme (DBSS) site for sale. The latest site, which is at Ang Mo Kio Street 52, is the second to be launched for sale
      367 words
    • Article
      Lock icon Expand refineries to keep global share: Iswaran
      478 10  -  RONNIE LIM SINGAPORE needs to expand its existing oil refineries or attract new greenfield refinery investments to maintain its share of global refining capacity. It must also integrate biofuels activities including biofuel trading with the oil industry here. These are crucial key steps
      478 words
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      313 11 THE ULTIMATE SYMBOL OF REFINEMENT IS NOW EVEN MORE ALLURING. A SENTIMENT AMPLIFIED BY BORNEO MOTORS' 40™ ANNIVERSARY SPECIALS. S**l^***^ —^^^^^^^^^bbßlßßßMlE^^^^^^^t. bb^Hb^'^^^^^^^^^^^ /j^^^^^^r -.-—'T.^^JB^B I ,^BB B^BlNi —=r^^^B|^^Bßßlßß^^^^^^^^^^^^ B^H i Su, A I BH The purchase of any Lexus car is always a cause for from polishing to accessories or
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      367 12 .1 |>^j -■*j v i i c *f**^Vm mmmßfrkbiiif mi '•"**-i£. ■■>. fc r IJWI u. ■■-«.> '*"i ■im Is your IT system as reliable as you think? f*\ This is your wake-up call. Your business is at the When you can't afford downtime, C^ mercy of your IT system,
      367 words
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  • ECONOMY WATCH
    • Article
      Lock icon EU cuts growth forecast as credit crisis lifts risks
      358 13 -AP [BRUSSELS] The European Commission cut its forecast for annual economic growth in the euro currency zone and the European Union, saying yesterday that the recent credit crisis has increased the chances that the global economy will slow. It predicts that
      -AP  -  358 words
    • Article
      Lock icon Fed officials see threat to growth in sub-prime mess
      587 13 -NYT Concrete risks of broader slump pose downward pressure on economic activity WASHINGTON] Three senior Federal Reserve officials said on Monday that the turmoil in housing and mortgage lending had beto threaten the overall 3conomy, a condition policy makers have said
      -NYT  -  587 words
    • Article
      Lock icon Survey forecasts rising chances of US recession
      290 13 Reuters Economists put odds for recession in next 12 months at 1 in 3 [WASHINGTON] The chances of a US economic recession are increasing as troubles in the housing sector and credit markets take their toll, according to a survey of economists released
      – Reuters  -  290 words
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      266 13 Silver Shadow ALTITUDE DA-VIDOFF 'J %z THE NEW FRAGRANCE FOR MEN GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sphxom.sg. H World's Portable Portable Ultra Portable Home Brightest* Multimedia Projector Multimedia Projector Multimedia Projector Multimedia
      266 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Time to fight Suharto libel ruling
      417 14 Reuters Lawyer says it's a blow to press freedom, fighting graft in judiciary [JAKARTA] Time magazine will fight an Indonesian Supreme Court libel ruling in favour of former president Suharto which ordered the US weekly to pay more than US$lOO million in damages and
      Reuters  -  417 words
    • Article
      Lock icon Megawati in presidential comeback bid
      197 14 -AFP [JAKARTA] Former Indonesian president Megawati Sukarnoputri has announced a re-election bid for 2009, a senior party executive said yesterday. The 60-year-old Ms Megawati, daughter of Indonesia's founding president Sukarno and leader of its second largest party, has maintained a relatively low profile since losing
      -AFP  -  197 words
    • Article
      Lock icon KL to consider RM52b phone network plan
      195 14 Bloomberg [KUALA LUMPUR] Malaysia's government will this week consider setting up a national high-speed phone network costing RMS2 billion (5522.5 billion) to bring services such as Internet television and video calls to rural areas. A committee led by Deputy Prime Minister Najib Razak
      Bloomberg  -  195 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7630 14 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.045/ Star Europe Bond 1.22/ Star Europe Bal 1.242/ Star Asian Tiger Eqty 1.612/ Star Asia Bond 1.291/ Star Asia Balanced 1.106/ Star Global Technology Fund!" 0.239/ Multi St Fd 0.977/ Star Asia Bond(USD) 0.846/ Gib Multi St USD
      7,630 words
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      7069 14 Allianz Global Investors one of the world's largest asset managers with more Allianz (jjj) than US$l.2 trillion assets under management as at 31 December 2006. Global lnvestors *-> company regn. no *****7169Z UNIT TRUSTS DWS Invest Ttl Rtrn NC SGD DWS Invest Ttl Rtrn LC EUR DWS Invest Ttl Rtrn
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  • INDIA
    • Article, Illustration
      Lock icon Discounts help lift car sales 18% in August
      348 15 AFP But total vehicle sales drop 1.67%; commercial vehicles show 2.23% rise [NEW DELHI] Car sales in India jumped 18 per cent in August from a year ago, led by the country's biggest car maker Maruti Udyog and helped by heavy discounts,
      AFP; BLOOMBERG  -  348 words
    • Article
      Lock icon Takata plans Chennai factory to make seatbelts
      386 15 Bloomberg Plant aimed to boost Japan firm's market share in India, region [TOKYO] Takata Corp, Japan's largest maker of car-safety equipment, plans to build its first factory in India, where economic growth is boosting demand for cars. The company will start producing seatbelts
      Bloomberg  -  386 words
    • Article
      Lock icon India will pay heavy price for govt pay rise
      720 15  -  ANDY MUKHERJEE Bloomberg COMMENTARY By AFRESH wave of fiscal profligacy threatens to undermine four years of hard-won improvements in India's public finances. The Sixth Pay Commission, set up last year to recalibrate the wages of 5.5 million federal government workers, will
      – Bloomberg  -  720 words
  • Page 15 Advertisements
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      441 15 INITIAL PUBLIC OFFERING KBK Jet -SMEHH JBK fflt T^l^LuJftvt;;i '11 umH ltt»Hftn v SINOSTAR SINOSTAR PEC HOLDINGS LIMITED (Incorporated in Singapore on 5 July 2006) (Company Registration Number *****9833N) Invitation in respect of 160,400,000 Shares comprising 150,000,000 New Shares and 10,400,000 Vendor Shares as follows: (1) 5,000,000 Offer Shares at
      441 words
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Former HK official to run for legislative seat
      492 16 -AP Anson Chan says she plans to campaign for full democracy in Hong Kong [HONG KONG] Former Hong Kong No 2 official Anson Chan, one of the territory's most popular political figures, said yesterday that she plans to run for a recently
      -AP; AP  -  492 words
    • Article
      Lock icon China stock market booms as others fear bust
      570 16 Los Angeles Times Investors are reaping profits and splurging on luxury items and travel [SHANGHAI] Dai Yunping has never travelled far from his home. But next month, he will indulge in a week-long tour of South-east Asia to the tune of U556,500.
      Los Angeles Times  -  570 words
    • Article
      Lock icon CCB to launch largest IPO on A-share market
      244 16 Xinhua [BEIJING] The China Construction Bank (CCB), the second largest state-owned commercial bank in China, yesterday began a roadshow in four main cities for its nine billion A-share initial public offering (IPO) on the Shanghai Stock Exchange. The roadshow will be staged
      Xinhua  -  244 words
    • Article
      Lock icon BURSA MALAYSIA
      2387 16 VOL Cooo) :ep11 RM S.&M Realty 0.78 5,bricBhd 0.27 \dvance Synergy 0.33 \dventa Bhd 1.45 \e Multi Hldgs 0.29 \ffin Holdings 2.55 \hmad Zaki Resou 4.36 \ic Corp 0.55 \irasia Bhd 1.89 \kn Messaging Te 0.19 \kn Technology 0.76 \luminium Co 1.28 \malgamated Ind 0.54 \minvestment Grp 3.64
      2,387 words
  • Page 16 Advertisements
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      1458 16 mam n« fISE TEE INTERNATIONAL LIMITED (Incorporated in Singapore with limited liability) (Company Registration No. *****7107 D) Notice of Seventh Annual General Meeting NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of TEE International Limited ("the Company") will be held at Le Meridien Singapore, Latour Room, Level 3,100
      1,458 words
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  • MIDDLE EAST
    • Article
      Lock icon Caymans eyes piece of Islamic finance pie
      531 17 Reuters Its financial service providers are setting up shop in the Middle East [GEORGE TOWN, Cayman Islands] The Cayman Islands is trying to carve out a position in servicing the lucrative Islamic finance market, approaching US$l trillion. The British territory in the Caribbean
      Reuters  -  531 words
    • Article
      Lock icon Emaar shares hit after claim report
      208 17 Reuters [DUBAI] Shares in Emaar Properties fell on Monday after a newspaper report said a Saudi company was seeking 4.5 billion riyals (Ssl.B billion) in compensation from the Dubai-based developer. Shares in Emaar, the largest Arab developer by market value, shed 0.47 per cent
      – Reuters  -  208 words
    • Article
      Lock icon Dubal mulls building alumina refinery in Africa
      234 17 Reuters DUBAI] State-owned Dubai Aluminium Co (Dubai) is considering building an alumina refinery in Africa to meet risng global demand, a senior company official said on Moniay. Alumina is the main raw material for smelting aluninium. "The demand globally and in the United
      – Reuters  -  234 words
  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      478 17 HISAKA PTE LTD INTHEMATTEROF Company Registration No: *****1S48W THE COMPANIES ACT (CHAPTER 50) AND (In Voluntary Liquidation) IN THE MATTER OF (Incorporated in the Republic of BOOKBINDING(SINGAPORE) PTELTD Singapore) Company's Registration No: ********** NOTICE IS HEREBY GIVEN that the Ambers'Voluntary Liquidation) Final Meeting ofthe members ofthe At an Extraordinary General
      478 words
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      Lock icon Page 17 Advertisements Column 2
      121 17 r 1 The #1 Premium Broker is now in Singapore Introducing E*TRADE, the top pick of SmartMoney's* 2007 broker survey t E#TRADE *Smart Money The Wall Street Journal Magazine A FINANCIAL 6 I W I FROM U559.99 I OUR STRENGTH IS I GET PER TRADE 1 YOUR ADVANTAGE 25 FREE
      121 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Body Shop founder Anita Roddick dies at 64
      453 18 -Bloomberg She was 'green' long before the word was fashionable [NEW YORK] Anita Roddick, the founder of beau-ty-products retailer Body Shop International pic and a longtime environmental activist, has died. She was 64. Ms Roddick, who announced in February that she had
      -Bloomberg; BLOOMBERG FILE PHOTO  -  453 words
    • Article
      Lock icon Trade deficit edges down 0.3% in July
      474 18 AP LATEST US DATA Deficit with China hits second-highest level on record [WASHINGTON] The US trade deficit declined slightly in July as record exports of farm goods, cars and other products offset a big jump in foreign oil prices. The deficit with China
      AP  -  474 words
    • Article
      Lock icon NSW studies A$l7b energy sell-off
      382 18 Bloomberg [SYDNEY] Australia's New South Wales state will consider sale or long-term lease of an estimated Asl7 biUion (5521.4 billion) of energy businesses, a process that may get under way next year. The government's initially preferred option is to sell the retailing licences of Energy
      Bloomberg  -  382 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      307 18 For enquiries, call 6831 6069 RRI H fc.!^; Diners Club Card r oapp ac «//64i6 0980 .A W&r/J of Exclusive Privileges Treats (|~|^fc Diners Club a Riverside Indonesian Restaurant *3p*rs» iFfflkl ->■ i.ifliArt>^vjt] Sfciti,^ 30 Merchant Road, #01-04 Riverside Point =^ivl KftAgAlAßSAA4B^KAA«i™«Aß^HA4flAA^fc^fc^fcC^B lill^rJ C^ A A our p- |||^y^ i#
      307 words
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  • WORLD
    • Article, Illustration
      Lock icon American jobs outlook steady for Q4: survey
      431 19 Reuters [NEW YORK] Weak US housing and trouble in the credit markets are, for now, having limited impact on job plans, according to a survey released yesterday. Employers remain confident about hiring for the fourth quarter, Manpower Inc said. Its poll of 14,000
      Reuters; BLOOMBERG  -  431 words
    • Article
      Lock icon US home sales not likely to recover next year
      431 19 Bloomberg Moody's says slump may last till 2009 as buyers struggle to get mortgages [NEW YORK] The US housing slump will probably last until 2009 and home sales will take a "substantial hit" in the next several months as borrowers struggle
      – Bloomberg  -  431 words
    • Article
      Lock icon Intel raises Q3 outlook, AMD offers new chip
      253 19 -NYT [NEW YORK] Intel Corp raised its financial outlook for the current quarter on Monday, citing strong-er-than-expected demand for microprocessors and high hopes for the back-to-school shopping season. The announcement threatened to upstage a rival, Advanced Micro Devices (AMD), in its most
      -NYT  -  253 words
  • Page 19 Advertisements
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      123 19 CAPTIVATING ART PIECES AND INTRIGUING DESIGN FEATURES GREET YOU AT EVERY TURN AND CORNER HERE AT NAUMI. WHIMSICAL FLORAL CUT-OUTS OF STEEL ADD A TOUCH OF SURPRISE, AND PERSONALISED SIGNAGE MAKE YOU FEEL RIGHT AT HOME. YOUR ROOM IS CUSTOMISED FOR UTMOST COMFORT TO CREATE AN AMBIENCE FOR ULTIMATE RESTFULNESS
      123 words
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  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      231 20 Managed by g f A Asia Malls 1' A Jewel of a Mall for the Young, Savvy Lover of All Things New H I *t 7 i Tampines 1 is distinctively positioned Bijjffilfflßi HI c f^^* and targeted at the Young, Savvy and z^ At v jr 1 Promising an
      231 words
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  • MOTORING
    • Article, Illustration
      Lock icon Safety is the biggest seller for Volvo
      680 21  -  SAMUEL EE Swedish carmaker deploys intelligent 'third generation' protection features HAVING a strong reputation for building safe automobiles has helped Volvo to move a lot of its cars. "Safety is one of Volvo's best selling points, especially when you are in the US,"
      680 words
    • Article, Illustration
      Lock icon China tyremakers have biggest presence at show
      527 21  -  SAMUEL EE 35 mainland exhibitors roll into Tyrexpo Asia CHINESE tyre manufacturers are the largest single exhibitor nation at this year's Tyrexpo Asia, underscoring the great competition they pose to the global market with their low prices and huge capacity. There are 35
      ARTHUR LEE  -  527 words
  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      150 21 Terios "Big Wheels" 4UJDj*UU. Wakes Your Heart Beat Faster 6 Faster... Checklist for your real SUV: Keal men and not the ore P°wenC|J'> high capacity tropical airconditioner, wimpy ones will be excited. .^aJtN. EL) tuned suspension with front rear stabilizers, Excited enough to get them i^^J^^" .^^^fl^flL^^ Immobilizer protected keyless
      150 words
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      Lock icon Page 21 Advertisements Column 2
      11 21 J\DUORE3T 8 Because comfort matters. ULTIMATE SUPPORT A DR-120 f CHAIRMAN
      11 words
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  • AVIATION
    • Article, Illustration
      Lock icon Qantas in talks to spin off some business
      358 22 Reuters Freight, frequent flyer arms may be sold; decision due only in Q1 2008 [NEW YORK] Qantas Airways Ltd has had discussions with "many people" interested in its fleet, frequent flyer, and freight businesses, which the Australian airline is looking at partially
      – Reuters  -  358 words
    • Article
      Lock icon FMR increases stakes in UAL and US Airways
      433 22 Bloomberg [DALLAS] FMR Corp, parent of mutual fund company Fidelity Investments, tripled its stake in United Airlines parent UAL Corp and almost doubled its holdings in US Airways Group Inc as those carriers fly fuller planes. The additions make FMR the second-largest
      – Bloomberg  -  433 words
    • Article, Illustration
      Lock icon Ryanair files appeal against EU veto
      485 22 Bloomberg Bid for Aer Lingus blocked because of monopoly concerns [LUXEMBOURG] Ryanair Holdings pic, Europe's largest low-fare airline, filed a promised appeal of the European Union's veto of its takeover bid for Aer Lingus Group pic, in the carrier's latest dispute with the continent's
      – Bloomberg; AFP FILE PHOTO  -  485 words
    • Article
      Lock icon Adam Air sales rebound after crash: paper
      204 22 -Reuters [JAKARTA] Indonesian budget carrier, Adam Air, has seen its passenger numbers rebound after slumping around a third following a fatal plane crash earlier this year, a newspaper reported yesterday. The airline is partly owned by Indonesian investment company, PT Bhakti Investama Tbk,
      -Reuters  -  204 words
    • Article
      Lock icon MAS adopts fuel efficiency programme
      258 22 Bernama [PETALING JAVA] Malaysia Airlines (MAS) adopts fuel efficiency programme to reduce fuel burning, said its managing director and chief executive officer Idris Jala. He said that there were a lot of ways to reduce fuel burning such as not carrying unnecessary weight. "I think
      — Bernama  -  258 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2394 22 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 Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR
      2,394 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      2037 22 FLIGHT ETA FLIGHT ETD MH605 1635 3Q116 MH608 MH614 1700 MI607 2110 MI608 CITY Doha QR626 1350 QR627 0320 1620 Dubai EK344 0045 EK344 0200 MH613 1825 1800 2110 Phuket TR159 0055 TR152 0700 5Q268 9W4081 TR153 1050 MI752 3850 1820 BA7382 2230 ek;3Q494 1515 MH607 2025 1L721 1950 3K534
      2,037 words
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  • SHIPPING
    • Article, Illustration
      Lock icon View from the Gherkin
      830 23  -  DAVID HUGHES STRAIT TALK ST Mary Axe is a street in the the City of London long associated with shipping. Tuesday last week saw me walking up and down it trying to find Number 30. The massive international salvage company Svitzer has a tradition of hiring
      AFP FILE PHOTO  -  830 words
    • Article
      Lock icon Quintana CEO sees dry freight strong into '08
      376 23 -Reuters [CHICAGO] Unprecedented demand for maritime dry bulk freight should keep freight rates at current levels at least through the end of 2007, the top executive of Greece's Quintana Maritime Ltd said on Monday. "For the remainder of this year we are
      -Reuters  -  376 words
    • Article
      Lock icon Rise in coal, iron ship-hiring rates may slow
      358 23 -Bloomberg [SINGAPORE] Gains in charter rates for ships that transport dry goods in bulk including coal and iron ore may be capped by shorter delays at ports and concerns over a faltering US economy, data from the Baltic Exchange suggests. The Baltic
      -Bloomberg  -  358 words
    • Article
      Lock icon China marine sector's gross output up 13.5% in first half
      166 23 Xinhua [BElJlNG]China's marine sector realised 1.13 trillion yuan (*****.5 billion) in gross output in the first half of this year, a growth of 13.5 per cent on the same period of last year, sources with the State Oceanic Administration said
      – Xinhua  -  166 words
    • Article
      Lock icon Hedge funds push coal, iron ore freight costs to a record
      253 23 Bloomberg [LONDON] Shipping costs for iron ore and coal are at a record because of speculation by hedge funds and do not reflect supply and demand, said Sempra Metals. There has been a breakdown in the "traditional correlation" between
      – Bloomberg  -  253 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        112 23 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.92 0.37 5.40 1.02
        112 words
      • Article
        Lock icon KLSE
        37 23 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brid PDZ Holdings 1.40 9.50 9.35 4.30 2.96 0.25 2.33 -0.02 unch -0.05 0.06 -0.04 -0.04 -0.01 96 932 236 1434 9 48 67
        37 words
      • Article
        Lock icon BANGKOK
        12 23 ■oo 'recious Ship Regional Cont 34.00 30.50 -0.25 -0.25 940 652
        12 words
      • Article
        Lock icon HONGKONG
        11 23 '000 Doil iingamas Cont 80.90 4.66 -1.40 -0.03 1165 2336
        11 words
      • Article
        Lock icon PHILIPPINES
        22 23 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.40 32.50 1.78 unch unch ***** -0.50 169 -0.12 10 unch 0
        22 words
      • Article
        Lock icon TAIPEI
        23 23 Evergreen Marine ...23.30 :irst Steamship 81.00 /Van Hai Lines 24.15 t'ang Ming Marine ..24.90 unch 1.80 -0.20 0.45 16 2 3 11
        23 words
      • Article
        Lock icon TOKYO
        38 23 '000 (awasaki Hvylnd...404.00 -7.00 ***** (awasaki Kisen ...1556.00 33.00 6865 Mitsubishi Hvy 637.00 3.00 ***** Mitsui Eng&Sbldg ..563.00 -7.00 8790 Mitsui Osk Lines ..1702.00 13.00 8070 Mippon Express 585.00 12.00 3767 MipponYusen 1102.00 lunch 4797 source: Reuters
        38 words
  • Page 23 Advertisements
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      1160 23 NESTRONICS LTD f EI-NETS LTD (Incorporated in Singapore) (Incorporated in Singapore) Company's Registration No. *****5255E NEWSPAPER NOTICE NOTICE IS HEREBY GIVEN pursuant to Section 76(10)(h) of the Companies Act, Chapter 50 of Singapore NOTICE OF EXTRAORDINARY GENERAL MEETING (the "Companies Act") that at an Extraordinary General Meeting of Nestronics Ltd
      1,160 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon The Fed likely to cut, but cautiously
      530 24 TO many observers, it appears a foregone conclusion that when the US Federal Reserve meets on Sept 18, it will cut short-term interest rates, possibly by as much as 50 basis points. Some have even called for a 100 basis point cut. It
      530 words
    • Article, Illustration
      Lock icon Fair value information: its evaluation and use
      1064 24  -  KOK MOI LRE LIE KOK KEONG Investors, directors and managements must be aware of the key changes in the area ANY investors, directors and managements without specialist financial accounting or valuation background do not really have the expertise to understand, evaluate and use
      FILE PHOTO  -  1,064 words
    • Article, Illustration
      Lock icon Dreaded R-word heard again amid credit crunch
      746 24  -  NEIL BEHRMANN THE BOTTOM LINE THE dreaded R-word is now becoming commonplace as the complex sub-prime and credit crisis takes hold in the US and Europe. The International Monetary Fund (IMF) and the Organisation For Economic Development (OECD) have cut their US and
      746 words
    • Article, Illustration
      Lock icon Will China's central bank hike rates again?
      830 25  -  TIGER TONG From a macroeconomic point of view, it might not be in a rush for an increase this month THE People's Bank of China (PBOC), China's central bank, issued 151 billion yuan (5530.6 billion) of directional bills to selected commercial banks last
      830 words
    • Article, Illustration
      Lock icon A Singapore fling?
      1285 25  -  CLIFFORD COONAN Irish Times The city-state is aiming to slip out of Hong Kong's shadow in Singapore IS Singapore the bright economic light of South-east Asia, or will the notoriously strict city state remain in the shadow of Hong Kong? A tropical paradise and a lifestyle capital
      Irish Times; FILE PHOTO  -  1,285 words
    • Letter
      Lock icon SGX has explained STI incidents
      270 25 LETTER TO THE EDITOR WE refer to the commentary, "STI errors raise queries SGX must answer", (BT, Sept 7). We would like to clarify that Singapore Exchange Limited (SGX) had explained the Straits Times Index (STI) incidents in two statements we issued and sent to
      270 words
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  • Page 25 Advertisements
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      509 25 1 JgfIJMJJ LEXICON THE LEXICON GROUP LIMITED (Incorporated in Singapore) (Company Registration No. *****7135Z) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING ("EGM") of The Lexicon Group Limited (the "Company") will be held at 371 Beach Road #03-18 Keypoint Singapore *****7 on 27 September
      509 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      8426 26 Transaction date: Sep 11 High »-wks Tel Low Code Company Sale ('OOP) High ■ow Buyer Seller C'vr P/E $mil 3.5 2 5716 1st Software 22 6.5 3148 STelecom 34 17.5 5834 A-Sonic 103 98 6389 ABF SG Bond ETF 30 15.5 1938 AEI Corp 27 14 1100 AEM
      8,426 words
    • Article
      Lock icon SGX XTRANET
      71 26 Hii Low Code Comi >an' Sale Cooo] Hii Low Bui fer Seller C'vr P/E $mil ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDP.S 3730 2570 6235 STI ETF 100 3761.6 2544.2
      71 words
    • Article
      Lock icon SGX SESDAQ
      2056 26 Hii |h Low Code Comi >an' Sale COOO) Hii Low Bui rer Seller C'vr P/E Smil 30 13 1181 AAGrp 41.5 18 5000 ABRHIdgs 31 25 8538 APStrategic 16.5 1.5 1501 Advanced System 70.5 9 1524 Alantac 22.5 8 7814 Albedo 46.5 26 5021 Apex-Pal 13.5 6.5 1154
      2,056 words
    • Article
      Lock icon CLOB INTERNATIONAL
      256 26 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net2 or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum all
      256 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      365 27 Seplo %dy %yr dy yr dy yr Index Change Change Change Change Change Change World Index Preliminary 1107.9 -0.9 0.7 -0.8 2.4 -0.9 3.1 t EAFE Preliminan 1095.5 -1.1 -1.1 -1.0 2.5 -1.0 3.1 Euro[ Preliminary 1493.0 -0.9 0.0 -0.7 3.3 -0.7 4.I Pacific 959.7
      365 words
    • Article
      Lock icon PALM OIL
      64 27 Sep 11 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Sep 07 2550 2535 2550 2528 192 395 Oct07 2536 2523 2539 2520 1507 ***** Nov07 2515 2500 2516 2494 4499 ***** Dec 07 2495 2484 2497 2477
      64 words
    • Article
      Lock icon PRECIOUS METALS
      191 27 Sep 11 GOLD (USS/oz) Sep 10 Sep 11 GOLD BULLION COINS (S$) Sellim Hong Kong London 702.70 703.20 703.70 704.20 Sep 07 Sep 10 703.00 702.30 703.60 702.90 Source: Reuters §i) Selling Buying 1 oz 1193.05 1067 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $418.37 343 SILVER
      191 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 27 Sep 11 ten Jii Sett STI SIMSCI Se 424.6 432.8 431 Taiwan Se 342.7 348.2 347.8 Source: MF Global (S) Pte. Ltd
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 27 Sep 11 s: Bid Offer 1-month 1.5184 1.5195 2-months 1.5148 1.516 3-months 1.5114 1.5127 6-months 1.5026 1.5039 Source: OCBC
      22 words
    • Article
      Lock icon SICOM FUTURES
      266 27 Sep 11 KUBBtK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Oct 07 Nov 07 Dec 07 Jan/Mar 08 Apr/Jun 08 Jul/Sep 08 329.25 328.00 326.75 327.25 330.25 332.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      266 words
    • Article
      Lock icon CHICAGO BOT
      99 27 Sep 10 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Sep07 903.50 891.00 904.00 893.00 Nov07 918.00 905.25 919.00 907.50 Jan 08 933.25 920.25 934.00 923.00 Mar 08 945.75 931.50 946.50 934.50 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep07 37.68 37.28 37.68 37.33 Oct07 37.90
      99 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      78 27 CRUDE OIL PRODUCTS Sep 10 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 74.02 -0.21 WTI (Near Mth) 77.67 0.98 Dubai (1-Mth F) 70.49 0.51 Tapis blend 80.15 -0.1 Minas 73.35 -2.1 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 72.82 85.05 -0.13 -0.2 US$/barrel Opec Oil
      78 words
    • Article
      Lock icon INTERBANK CROSS RATES
      467 27 Sep 11 AS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso i« Rand Sfr NTS Baht Pound us: Australia 0.865 6.212 0.599 6.428 33.538 78.013 0.938 7.731 2.905 1.190 50.057 38.897 1.258 5.967 0.982 27.310 28.286 0.408 0.826 Canada 1.156 7.182 0.692
      467 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      131 27 As at 9am Sep 11 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2480 1.2640 Can dollar 1.4380 1.4550 Euro 2.0880 2.1120 NZ dollar 1.0470 1.0700 Sterlini 3.0700 3.1051 US dollar 1.5150 1.5320 Local dollars to 100 units of foreign currency:
      131 words
    • Article
      Lock icon INTERBANK RATES
      163 27 Sep 11 fer Bil Overnight 1 13/16 1 -month 2 11/16 2-months 2 3/4 3-months 2 3/4 Overnight mode: 2.45 US$ Offer 1 11/16 2 9/16 2 5/8 2 5/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 5.65 5.80
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      Lock icon SIBOR
      76 27 Sep 11 1 mth 5.***** 2.***** 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 5.***** 2.***** 9 mths 5.***** 2.***** 12 mths 5.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2 mths 2.***** 3 mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP
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      Lock icon LONDON METALS
      70 27 Sep 10\ iiuiii, yy.i (US$/tonne) Co Close Previous Cash 2369.00 2395.00 3 months 2424.00 2447.00 Copper, Grade A (US$/tonne) Cash 3 months 7222.00 7160.00 7239.00 7173.00 Lead (US$/tonne) Cash 2905.00 3 months 2865.00 2920.00 2875.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
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      Lock icon LIFFE
      79 27 Sep 10 (£/tonne) Close Prev Hii ih/Low SepO7 942 948 Dec 07 967 963 Mar 08 976 971 May 08 986 981 955/942 977/955 985/965 992/980 COFFEE (US$/tonne) Close Pev High/Low SepO7 1835 1773 1840/1820 Nov07 1890 1828 1896/1827 Jan 08 1788 1769 1809/1767 Mar 08 1768 1751 1790/1751
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      Lock icon INTERBANK CURRENCY RATES
      158 27 Sep 11 Against SS Currencies Bid Offer Against US$ Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2570 1.2583 0.8256 0.8259 Canadian dollar 1.4532 1.4548 0.9545 0.9549 Euro 2.0994 2.1012 1.3789 1.3792 NZ dollar 1.0557 1.0572 0.6934 0.6939 Sterlinc md 3.0846 3.0872 2.0260 2.026.
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      Lock icon GOVERNMENT SECURITIES
      90 27 Sepii Period Issue code Maturity Yesterday's Bid Hii Day's ill Low 3-Month BQ*****W 13.12.07 1-Year BY*****V 30.04.08 2.29 2.31 2.2 2.2 2.28 2.28 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
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      Lock icon SGX DERIVATIVES TRADING
      339 27 Sep 11 EURODOLLAR FUTURES SepO7 DecO7 MarO8 JunO8 94.345 95.155 95.630 95.735 0 0 0 0 8050 ***** ***** 6440 EUROYEN FUTURES SepO7 99.160 99.170 DecO7 99.195 99.195 MarO8 99.170 99.185 JunO8 99.150 99.160 SepO8 99.110 99.110 DecO8 99.035 99.045B MarO9 98.945 98.965B JunO9 98.895B 99.160 99.185
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      Lock icon BONDS & WARRANTS
      2800 27 BONDS WARRANTS Tel Code Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left 3779 ASL Marine Hldgs W*****1 98 2835 Allgreen RBeCW*****6 5.5 2227 Ascendas REFT SGAECW*****6 11 8756 Asiatic Grp (H) Ltd W*****2 10.5 2878 Aztech Systems W*****6 17 9604 BOC
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      357 27 Sep 10 In local curr dy yr Index Change Change %dy Change %yr Change %dy Change %yr Change World Index Preliminary 1107.9 0.9 0.7 -0.8 2.4 -0.9 3.1 EAFE Preliminary 1095.5 1.1 -1.1 -1.0 2.5 -1.0 3.1 Europe Preliminary 1493.0 0.9 0.0 -0.7 3.3 -0.7 4.0 Pacific 959.7 1.8 -3.2
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      2754 28 m The Business Times umm Shipping Times UK CONTINENT SERVICE U.S.A SERVICE ffiffij|1TOfi!^ffj^.| Destination Destination HjH STXPOTBN RTM/ANR/TIL MARY G CDN/NFK/SAV/NOL I.NTERAS.A RORO SERVICE 1 VESSELAOT I RAMP(KT) HEIGHT(M) PKG KQI LQ3 SIN JKT Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia STRAITS SUCCESS 26 10 32 10/09 MIDDLE-EAST
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      5836 30 W3M E9 13 E9 El IH I hsi Nordana (Asia) Pte Ltd ISS™I Ift GLOIY NAVIGATION GBOuTI M. B^Bl 70 Shenton Way, #21 -03 Marina House Singapore *****8 ®>&*%M%k4^% fK<&s} f^^jl^vmsntlWMmmsmm-.wm NORT H WEST EXPRESS LINE owns operates Youngest fleet {■■■■■■■^■■■■■■■■■■■■■■■■■■■■■■■^^■■■■■■■■■■^■■■■■■■PPHHBRIHI MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS [IflliS flßi
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  • FOCUS: TRENDS
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      Lock icon Hotels appeal to the five senses
      963 31  -  SUSAN STELLIN -AP But with all this demand on a guest's perception, there is a risk of inducing sensory overload THE next time you walk into a hotel, close your eyes, listen and inhale. There may even be a water fountain you can run
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      Lock icon Casual fans are driving growth of video games
      581 31 -AP THE US$l3 billion video game industry is counting on "the noobs" this Christmas. "Noob", short for newbie, is the online vernacular for someone who is new to gaming or just does not know where to start. In the video game industry,
      -AP  -  581 words
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      159 31 FX trading the way it should be. Simple! FX trading offers you the opportunity to One Click dealing trade on the outcome of Foreign Exchange I pairs without ever having to take physical 46 Currency pairs 2 dlds on EUR/USD online trading platform assists our clients 24 hour support instant
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  • EXECUTIVE MONEY
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      Lock icon Lessons from a blow-up
      1710 32 SHANE OLIVER goes back to the scene of the crime and uncovers the damning caveats THE last month or so has seen big swings in markets on the back of the turmoil in credit markets. By and large though, most investors should have come through reasonably
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      Lock icon Time to get domestic
      1236 33  -  MICHAEL PREISS Recession in the US used to be the kiss of death for emerging economies, but that may no longer be the case THERE was something inevitable about the worst US job reports in four years. They suggest that the American economy has now "officially"
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      Lock icon Happy investing
      1006 34 'An important part of financial planning is getting clients to want what they need.' -ivacsAmnAbey Investors need to look within themselves to determine their life goals, before embarking on the road to financial contentment, financial planner Aran Abey tells GENEVIEVE CUA m HAT does happiness have to do
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    • Article
      Lock icon Focus on answers, not questions
      283 34 RISK tolerance questionnaires are a waste of time, says Ipac executive chairman Arun Abey. In a financial advisory session, most particularly when you transact or invest in a fund, advisers would typically trot out simple questionnaires that attempt to gauge how much risk you can
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      3 32 phi Bi @^ifN|
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      334 33 J Wealth Management at ÜBS is really about one thing: a relationship. A relationship that allows us to understand your needs. To implement custom tailored solutions. To reassess priorities as the world changes. To work proactively to keep our solutions aligned with your goals. It's a long-term relationship powered by
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      101 34 CORPORATE INVESTMENT BANKING ASSET MANAGEMENT PRIVATE WEALTH MANAGEMENT PRIVATE BUSINESS CLIENTS I Connecting Asia's issuers with global investors. Bond House of the Year Best Debt House* A Passion to Perform. Deutsche Bank \£A For more information: www.db.com. Asia: IFR Asia Review of the Year 2005 2006 Euromoney Awards for Excellence
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