The Business Times, 14 November 2007

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

Microfilm: NL28569
Total Pages: 60
1 60 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    23 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg mS* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 202/12/2006 Wednesday, November 14,2007
    23 words
  • Article, Illustration
    Overstretched S'pore pushes back projects worth $2b
    823 1  -  UMA SHANKARI Move to ease pressure on construction resources By [SINGAPORE] The government said yesterday that it would postpone several public projects at a time when the building boom is stretching Singapore's construction resources to the limit. The government's cut-back could reduce the
    DESMOND FOO/THE STRAITS TIMES  -  823 words
  • Article
    Hong Kong may change tune on Canto-flop, revive English in schools
    575 1  -  JANE MOIR It fears losing edge over falling English language standards By in Hong Kong HONG KONG looks set to abandon its controversial mother tongue education policy amid rising concerns that declining English language standards in the city are
    575 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      5 1 I! 11l 8 *****1 *****4
      5 words
    • Advertisement
      Page 1 Advertisements Column 2
      104 1 Invenit et Fecit invented and made The motto of a contemporary watchmaker building his own histoiy. 4 _^A^L Pi Chronometre Souverain j^^^^^\ Built in harmony with the noblest traditions of 18th century marine chronometry. U^^ Geneva Watchmaking Grand Prix Caliber FPJI3O4 in 18k solid gold Platinum case Dial in silver
      104 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Page 1 Miscellaneous Column 1
      60 1 MOTORING .^SF^fek I SUPER- EXEC MONEY Hf-|Arj CORPORATE Buy a Lexus j^f^^^^^^^T COMPUTERS Analysts still backing RESULTS for Christmas l|i^P3Bis^^V f 1 Tata joins Top 10 China equities HUE jjfc ComfortDelGro: Q3 page 39 W&l ft^l^^^l ranking page 26 page 44 E^^^H profit up 15% page 8 Lessons from Maxa
      60 words
    • Miscellaneous
      Page 1 Miscellaneous Column 2
      35 1 INVESTING 2007 "^S V Equities and currencies, property I and gold. How good are these as I investment classes in the year 2008? I Find °ut in our 16-page investing special with your BT today
      35 words
Page thumbnail Page 2
  • TOP STORIES
    • Article
      Modest bidding for CBD office site as caution sinks in
      637 2  -  KALPANA RASHIWALA Top offer of $779.42 psf ppr half of nextdoor site's recent bid By [SINGAPORE] The new-found caution surrounding the Singapore office market is now spilling over to the Central Business District. Reflecting this, a site at Marina View
      637 words
    • Article
      Asean single market within sight: Hng Kiang
      501 2  -  CHUANG PECK MING But a lot to be done before an AEC is achieved by 2015 By [SINGAPORE] As Asean leaders meet here next week, a key part of their vision for an Asean Economic Community (AEC) is already within sight. The move
      501 words
    • THREE-MINUTE DIGEST
      • Article
        'Collective' stamp costs developer by way of duty
        115 2 EN BLOC sale or 53 separate contracts entered into by individual owners of the apartments to sell? That was the $286,000 question that emerged in the High Court in what can be described as a test case for property developers to get
        115 words
      • Article
        F&N full-year net profit up18.5% to $378.6m
        90 2 IT was a news conference many journalists were looking forward to. They expected Lee Hsien Yang to face the media for the first time as Fraser Neave's chairman at the group's full-year financial results announcement yesterday. But Mr Lee was a no-show and
        90 words
      • Article
        SNF board given the boot by shareholders
        66 2 THE entire board of electronics distributor SNF Corp including chairman John Chen was voted out by shareholders in an extraordinary general meeting yesterday. SNF shareholders chose by a ratio of almost 2-to-l to vote out the five incumbent directors, and to vote in
        66 words
      • Article
        UOB-Kay Hian trebles Q3 earnings
        46 2 BUOYANT market conditions helped Singapore's biggest stockbroker lift its third-quarter net profit more than three times. UOB-Kay Hian achieved net earnings attributable to equity-holders of $70.5 million for the July-September period against $22.1 million a year earlier. COMPANY NEWS, PAGE 5
        46 words
      • Article
        Hong Leong Finance Q3 earnings surge 45.4%
        57 2 RIDING on the strong economy, Hong Leong Finance's third-quarter profit jumped 45.4 per cent to $36.85 million as its loan size expanded. Interest income and hiring charges grew 21.6 per cent to $94.25 million, led by a sturdy 28.9 per cent increase in
        57 words
      • Article
        Six research projects awarded up to $60m in funding
        60 2 THE National Research Foundation will award up to $60 million in funding to six projects as part of an inaugural competitive research programme launched in April. The winners of the maiden grant call were chosen by an international evaluation panel from
        60 words
      • Article
        Oil prices fall as lEA forecasts slower demand growth
        69 2 CRUDE oil prices fell more than US$l yesterday after the International Energy Agency cut its forecast for world oil demand growth, saying that the recent surge in oil prices had already hurt consumption. US light crude for December delivery shed US$l.22
        69 words
      • Article
        China's inflation back to 6.5% in Oct as food prices soar
        83 2 CHINA'S consumer prices rose sharply in October, tying a decade-high monthly inflation rate of 6.5 per cent, the government reported yesterday, adding to pressure for measures to cool a politically sensitive surge in food prices. Food prices jumped 17.6
        83 words
    • Article, Illustration
      Splurging on luxury items up 29% in Q2: report
      464 3  -  UMA SHANKARI [SINGAPORE] Sales of luxury timepieces, jewellery and designer fashion items, as well as takings at fine dining establishments, were 29 per cent higher in the second quarter of 2007 as compared to the same three months last year, says
      American Express  -  464 words
    • Article
      Patek Philippe watch sold for record USs2.3m
      107 3 Bloomberg [LONDON] A 1944 Patek Philippe watch sold for U552.26 million at a Christie's International auction on Monday night, setting a record for a stainless-steel wristwatch. The sale, to a Swiss private museum, was part of a US$2B million watch auction in Geneva
      Bloomberg  -  107 words
    • MARKETS DIGEST
      • Article
        MARKETS
        47 3 uesday 1,383.43 lange +1.08 KLCOMP NIKKEI 225 15,126.63 -70.46 HANG SENG 27,803.35 +137.62 SET INDEX 857.66 -4.27 JAKARTA COMP 2,654.21 -17.69 MANILA COMP 3,599.49 -18.88 SEOUL COMP 1,932.89 +9.47 SHENZHEN B 697.11 -7.66 MUMBAI IND 19,035.48 +298.21 10.10AM EDT Change 13,113.38 +125.83 DOW NASDAQ 2,622.47 +38.34
        47 words
      • Article
        PRIME RATES
        29 3 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.25 INDONESIA 15.726 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 7.50 CANADA 6.25 SWITZERLAND 4.07 INDIA 12.75 Source:
        Bloomberg  -  29 words
      • Article
        FOREX
        40 3 US$ (S$ ier US$) 1.452 (USS/SS )er 2.067 3.001 EURO(US$/S$/E) 1.462 2.123 YEN 110.00 75.80 RM 3.352 2.308 HK$ 7.785 5.360 BAHT 33.82 23.29 RUPIAH 9,180 6,321 RENMINBI 7.430 5.116 INDIAN RUPEE 39.38 27.12 1.121 0.772 NZ$ 1.325 0.912
        40 words
    • Article
      Separate deals, but court rules it's en bloc deal
      510 3  -  WEE LI-EN UOL unit says 53 separate contracts signed; at stake is $286,200 in stamp duty By [SINGAPORE] En bloc sale or 53 separate contracts entered into by individual owners of the apartments to sell? That was the $286,000 question that
      510 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      207 2 (iff %O Lotus On Water Feng Shui Gallery J^i °^P^Mjl Has Been Awarded the 2007 §f 7)J "Q^S Golden Brand Award We have helped thousands to bloom, like "Lotus On Water". Visit Lotus On Water Feng Shui Gallery today! V 4 1 Jan 2007, The Strait Times Upfront 2 Feb
      207 words
    • Advertisement
      Page 2 Advertisements Column 2
      471 2 Deoole Glve y°urself ■"SSRSIr a break. V\fOrK call us. www.thepeopleatwork.com Asia-Pacific Executive Search HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. H IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons N0.*****f2007/M In the Matter
      471 words
Page thumbnail Page 3
Page thumbnail Page 4
  • COMPANY NEWS
    • Article
      SNF board given the boot by shareholders
      455 4  -  MICHELLE QUAH About 65% of them voted in favour of the resolutions By THE entire board of electronics distributor SNF Corp including chairman John Chen was voted out by shareholders in an extraordinary general meeting (EGM) yesterday. SNF shareholders chose by a ratio
      455 words
    • Article, Illustration
      F&N full-year net profit up 18.5% to $378.6m
      801 4  -  CHOW PENN NEE Subsidiary APB posts 3% increase in net earnings to $133.7m By IT was a news conference many journalists were looking forward to. They expected Lee Hsien Yang to face the media for the first time as Fraser Neave's chairman
      ARTHUR LEE  -  801 words
    • Article
      Bio-Treat Q1 profit dips 1.4% on costs
      192 4 810-TREAT Technology saw a 1.4 per cent year-on-year dip in net profit to $61.02 million for its first quarter ended Sept 30 due to higher costs and expenses. The increase in expenses was due to higher operating costs, and finance expenses stemming from
      192 words
    • Article
      No delays in carbon credit pipeline: Aretae
      411 4  -  MATTHEW PHAN By CARBON credit developer Aretae has not suffered delays in delivery of its credits, executive chairman David Leong said in an interview yesterday. A reported slowdown in the process of generating credits from London-listed counterpart EcoSecurities, which owns the world's largest
      411 words
    • Article
      Is Aretae still worth $600 million?
      688 4  -  MATTHEW PHAN FOR UK-listed carbon credit developer EcoSecurities, it looked like the dot com bust all over again. Last Tuesday, its share price slumped 47 per cent to £1.375, their lowest in over a year. The reason? On Nov 6, EcoSecurities the world's largest
      688 words
    • Article, Illustration
      Hong Leong Finance Q3 net surges 45.4%
      419 5  -  LYNETTE KHOO By I RIDING on the strong economy, Hong Leong Finance's (HLF) third-quarter profit jumped 45.4 per cent to $36.85 million as its loan size expanded. Interest income and hiring charges grew 21.6 per cent to $94.25 million, led by a sturdy
      FILE PHOTO  -  419 words
    • Article
      Isetan's Q3 net dips slightly to $2.78m
      274 5 RETAILER Isetan yesterday reported a marginal dip in net profit to $2.78 million, despite a 4.94 per cent rise in sales to $76.7 million for its third quarter ended Sept 30, 2007. For the corresponding period last year, its net profit and sales
      274 words
    • Article
      UOB-Kay Hian trebles Q3 earnings
      403 5  -  VEN SREENIVASAN Firm cites strong trading conditions but sounds note of caution for Q4 By BUOYANT market conditions helped Singapore's biggest stockbroker lift its third-quarter net profit more than three times. UOB-Kay Hian achieved net earnings attributable to equity-holders of $70.5 million for the July-September
      403 words
    • Article
      Sincere Watch Q2 profit rises 36.3 per cent
      304 5 LUXURY watch retailer Sincere Watch posted a 36.3 per cent year-on-year surge in net profit to $4.4 million for the second quarter ended Sept 30 due to the retail and luxury boom in Singapore and the region. Strong economic growth and increased
      304 words
    • Article
      SC Global Q3 net up more than 4-fold at $4.3m
      219 6  -  WEE LI-EN By PRIME residential developer SC Global Developments' net profit more than quadrupled to $4.3 million for the third quarter ended Sept 30, from $931,000 for the previous corresponding period. Revenue rose 4 per cent to $30 million. The
      219 words
    • Article
      Ho Bee posts 297% jump in Q3 earnings
      372 6  -  KALPANA RASHIWALA Revenue up 137.9% due mainly to a 149% rise in development properties' sale By HO Bee Investment, the dominant residential developer at Sentosa Cove, yesterday posted net earnings of $39.27 million for the third quarter ended Sept 30, up 297
      372 words
    • Article
      At a glance
      408 6 Q3 and 9-month results ended Sept 2007 an NET PROFIT (S$m) TURNOVER (S$m) NET PROFIT (S$m) TURNOVER (S$m) COMPANY CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG CURRENT PREVIOUS CHNG Parkway 224.56 18.50 1114.1 222.81 235.83 -5.5 271.31 40.52 569.6 637.10 688.52 -7.5 UOB-KayHian 70.50 22.09
      408 words
    • Article
      Banyan Q3 net profit at $49.1m from one-off gain
      372 6  -  NISHA RAMCHANDANI By BOLSTERED by a one-off exceptional gain of $44.5 million, resort operator Banyan Tree Holdings posted a net profit of $49.1 million for the third quarter ended Sept 30, more than 12 times the $4 million for the corresponding
      372 words
    • Article
      ComfortDelGro Q3 profit up 15% to $59m
      561 8  -  SAMUEL EE Bus, taxi operations in UK and Australia the star performers COMFORTDELGRO'S net profit for the third quarter ended Sept 30 rose 15 per cent to $59 million compared with the corresponding period last year, with its overseas ventures turning in a
      561 words
    • Article
      Reit gains lift Parkway Q3 profit to $224m
      351 8  -  LYNETTE KHOO BOLSTERED by gains from spinning its local hospital properties into a real estate investment trust (Reit), Parkway Holdings' net profit for the third quarter ended Sept 30 was a whopping $224.56 million, compared with a restated $18.5 million a year
      351 words
    • Article
      Yellow Pages' Q2 profit slips 4.5%
      237 8 DIRECTORIES publisher Yellow Pages said yesterday its second-quarter net profit slipped 4.5 per cent to $14.2 million, from $14.8 million a year ago. The drop was despite turnover improving 8.5 per cent to $41 million, from $37.7 million a year earlier. The company recognises
      237 words
    • COMPANY BRIEFS
      • Article
        Dubai World sends offer to Labroy shareholders
        50 8 TAKEOVER target Labroy Marine yesterday announced that offeror Dubai Drydocks World has despatched the offer document to shareholders. Additionally, a circular with advice from the independent financial adviser and recommendation of the company's independent directors will be sent to shareholders within 14 days.
        50 words
      • Article
        C K Tang posts $833,000 loss for H1 2007
        49 8 RETAILER C K Tang suffered a $833,000 net loss for the six months ended September, against a $222,000 net gain for the corresponding period last year. The loss came despite a 21.7 per cent jump in turnover to $104.8 million.
        49 words
      • Article
        United Engineers Q3 net profit rises to $7.4m
        42 8 UNITED Engineers' third-quarter net profit rose to $7.4 million from $858,000 a year ago. Including minority interests, net profit climbed to $9.7 million from $4.48 million. Sales dipped 7 per cent to $130.4 million.
        42 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      699 4 Voluntary Conditional Cash Offer by PricewaterhouseCoopers Corporate Finance Pte Ltd (Company Registration No.: *****1605H) (Incorporated in the Republic of Singapore) for and on behalf of Dubai Drydocks World LLC (Trade License No.: *****5) (Incorporated in Dubai, United Arab Emirates) to acquire all of the issued and paid-up ordinary shares in
      699 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      10 5 ***** The grand prize winner is Kahori Miki FINANCIAL TIMES
      10 words
    • Advertisement
      Page 5 Advertisements Column 2
      117 5 L^ifc ■(If f L J A ■ES Ssfc^Bß if//Jf HBKPmCmi^JJgTTMi^^^^o 3. lHfa j.ifit:' LUXURY POWERED BY DESIGN. lighter. Smarter. Sleeker. The 2008 XJ is a creation of pure ingenuity. Engineered to perfection, it delivers a driving experience par excellence. With its new, sportier ***** aglia r XI silhouette, it's also
      117 words
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      1093 6 A /> V ASIA PACIFIC BREWERIES LIMITED NTF! NTF AVF T TIVTTTFn < 'Si 2 (Company Registration No. *****0007K) gtj\ JvA&lliJV AINU IN JIiAV IL, .L/llVll 1 ILU HSI (Incorporated in the Republic of Singapore) WfrS^ m-SH J% (Company Registration No. *****0001R) Bfli I (Incorporated in the Republic of Singapore)
      1,093 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      119 7 V >v O# L ft \w t/JJ Price includes COE and GST. +Terms and conditions apply. Servicing package for the first 3 years or 90,000 km. For more information visit www.porsche.com.sg Better to invest once in a great love than to constantly shell out for endless affairs. The new Cayenne.
      119 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      1298 8 Jtk I I EARN >/ 7 00/ (i)(2) IB lippo-mapletree taxfree(s) feggVT^^K INDONESIA RETAIL TRUST XJR ir\P W rea* estate investment trust constituted on 8 August 2007 2 Based on the Offering Price of Sso.Bo and the various assumptions jjfcj a jjw—* fc v' under the laws of the Republic
      1,298 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      110 9 Man Financial is now MF Global And we'll continue to speak your language l''' :i!>'';ft;' l'^T'jl|^lf|jJi^Hil^^i^^ M Global. HiclliiHM IJiiiiiiliiliJi WlBliWilHii Hi HJJIJBBBH IIIHPiWJIiIIBII HbHWH WHM Taking Man Financial into the Future MF Global (*****3253G) holds a capital markets services license issued by Monetary Authority of Singapore. Risk warning: Trading
      110 words
Page thumbnail Page 10
  • SINGAPORE MARKETS
    • Article, Illustration
      Will the baby get thrown out with the bathwater?
      686 10  -  LARRY WEE CURRENCIES Fear replaces greed as key favourites slide painfully PUSH has again become nervous shove again across a whole spectrum of financial asset classes, sparked by an ugly sell-down of the assets that have enjoyed the best ride to
      686 words
    • Article
      Financial market recap
      229 10 Changes over the past week YEAR TO DATE NOV13'07 HIGH LOW CLOSE CHNG US$ vs CURRENCY JPY 110.02 -4.11 124.16 109.10* SGD 1.4500 0.13 1.5479 1.4363* IDR 9185 0.66 9480 8650 THB 33.82 -0.56 36.72 33.18 CNY 7.4335 -0.26 7.8150 7.4103* MYR 3.3500 0.37 3.5250 3.3205* CURRENCY
      229 words
    • Article
      SECURITIES TRADING SCOREBOARD
      109 10 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 5 10 3 0 0 0 5 10 3 Manufacturing 71 79 65 19 10 13 90 89 78 Commerce 22 27 26 10 32 31 29 Tpt/Stor/Com ms 15 17 15 19
      109 words
    • Article
      SECURITIES TRADING TURNOVER
      123 10 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 45,562 45,562 265,443 265,443 Manufacturing 360,459 57,777 418,236 451,060 12,346 463,406 Commerce 146,606 23,403 170,009 125,290 6,102 131,391 )t/Stor/Comms 107,204 3,779 110,983 363,841 1,819 365,659 Finance 74,503 61 74,564 595,124 18 595,142 Construction 110,234 14,563
      123 words
    • Article
      STRAITS TIMES INDEX STOCKS
      228 10 Stock name Wt Close Change Allgreen 0.43 1.430 -0.030 Ascendasreit 0.86 2.400 -0.050 CapitaComm 0.48 2.380 -0.020 Capita Land 4.48 6.950 -0.100 CapitaMall 0.92 3.320 -0.060 Chart SemiCond 0.54 1.020 -0.010 CityDev 2.70 14.200 +0.200 ComfortDelGro 1.29 1.850 -0.010 Cosco Corp 2.21 6.750 -0.150 Creative Tech
      228 words
    • Article, Illustration
      BROKERS' TAKE
      719 10 IMPROVED gross profit margin: Man Wah reported a strong performance in IHOB, boosted by continued strong demand from its domestic and export markets, increased production capacity and higher selling prices. The group increased the number of its Cheers specialty stores from 131 at end-IHO7 to 170 at end-IHOB.
      719 words
    • Article, Illustration
      STI fall checked by HK reversal, Dow futures
      546 10  -  R SIVANITHY STOCKS A BOUNCE in the December futures contract on the Dow Jones Industrial Average and Hong Kong's reversal of a large loss yesterday helped cushion what was threatening to be yet another hefty blow on the local stock market. After
      546 words
    • Article, Illustration
      STRAITS TIMES INDEX
      4 10 DAILY
      4 words
    • Article, Illustration
      UOBSESDAQ INDEX
      2 10
      2 words
    • Article
      OTHER SINGAPORE INDICES
      46 10 Nov13 VALUE CLOSE -1429.00-154.00 BT OB/OS BT CADI -*****.00 -26.00 BT 10-day MA -*****.00-143.00 All-SG Equities 974.38 -4.70 SG Equities Elect 106.17 -0.30 SG Equities Fin 2384.01 -13.61 SG Equities Prop 1400.39 1.60 SIMSCI 424.14 -4.40 SIMSCI Futures 424.20 -5.50 PrimePartnersCI 271.64 -1.43
      46 words
    • Article
      MOST ACTIVE STOCKS
      61 10 VOLUME Adroit 78,831,000 Chasen 73,697,000 Dh liland 60,835,000 Sinotel Tech 48,364,000 Yam izi iam 39,743,000 Lian Bern 35,160,000 Yon. inam 32,208,000 Sim iTel 29,521,000 Golden iri 27,165,000 Noble Gn 26,676,000 VALUE(S) DBS Gr| 188,799,800 Kei Con 188,071,389 SGX 179,010,100 .and 143,731,650 Sim iTel 111,179,669 UOB 110,943,224 Yam
      61 words
    • Article
      RISES
      101 10 BY CENTS CLOSE UP 2010 30.0 1.5 DBS Gri Ezra 374 22.0 6.3 At 1420 20.0 1.4 STXPOSGAeCW*****9 157 20.0 14.6 STXPOKW100 356 18.0 5.3 Yam izi. iant 221 15.0 7.3 JSH 1480 14.5 0.7 STI 3700SGAePW*****8 62.5 14.5 30.2 Yanlord 348 12.0 3.6 Sinotel Tech 71 11.5 19.3
      101 words
    • Article
      FALLS
      117 10 BY CENTS CLOSE DOWN GLD 10US$ 7980-159.7 -1.4 CoscoCori iDBeCW/*****1 152 -70.0 -31.5 CoscoCori iMBLeCW***** 152 -61.0 -28.6 SGX 1300 -60.0 -4.4 China H 10US$ 2150 -58.1 -1.8 SGXSGAeCW/*****7 72 -55.0 -43.3 CIMBAsean40 100US$ 980 -43.6 -3.0 Korea 10US$ 565 -43.6 -5.0 SGX RB eCW*****8 80 -41.0 -33.9 SPC
      117 words
    • Article
      CURRENCIES
      86 10 Wh lere S! stands Nov13 %CHNG CLOSE FRNOV12 YR 2007 S$ LOW S$ HIGH uss 1.4500 -0.21 1.5479 1.4363 Euro 2.1147 -0.13 2.1254 1.9913 Pounds 2.9989 0.43 3.1194 2.9323 AS 1.2920 0.10 1.3555 1.1741 Yen* 1.3179 -0.55 1.3821 1.2285 Rupiah* 0.***** -0.04 0.***** 0.***** Baht* 4.2874 -0.24 4.5700 4.1730
      86 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      74 11 m Quality Partners At Mitsubishi Electric, we are delighted to be your first choice strategic partner in the region. With a seamless network that reaches out to many subsidiaries and affiliates in Asia, you will experience our strong collaborative support. When we grow together, everyone benefits. A MITSUBISHI ELECTRIC MITSUBISHI
      74 words
Page thumbnail Page 12
  • SINGAPORE NEWS
    • Article
      Six winning research projects awarded up to $60m in funding
      495 12  -  CHEN HUIFEN All have potential to be developed into industries: NRF chairman Tony Tan THE National Research Foundation (NRF) will award up to $60 million in funding to six projects as part of an inaugural competitive research programme (CRP) launched
      495 words
    • Article
      $25m scholarship fund to groom talent for clean energy sector
      369 12 THE Clean Energy Programme Office (Cepo), an in-ter-agency workgroup led by Economic Development Board managing director Ko Kheng Hwa, has launched a $25 million programme to award scholarships for the development of manpower in the new growth industry. The programme
      369 words
    • Article
      UNIT TRUSTS & FUNDS
      7725 12 UNIT TRUSTS FUNDS ABN AMRO Asset Mat (S'pore) Star Europe Eqty!** 1.054/ Star Europe Bond 1.221/ Star Europe Bal 1.254/ Star Asian Tiger Eqty 1.674/ Star Asia Bond 1.252/ Star Asia Balanced 1.07/ Star Global Technology Fund!" 0.229/ Multi St Fd 0.955/ Star Asia Bond(USD 0.867/ Gib Multi St USD
      7,725 words
    • Article, Illustration
      S'pore needs more innovation to stay ahead: Tharman
      380 14  -  CONRAD TAN Educators need to foster culture that encourages people to think originally SINGAPORE is "well past the catch-up phase" in its development but needs to encourage more innovation to stay ahead, said Education Minister Tharman Shanmugaratnam yesterday. He said there was
      380 words
    • Article, Illustration
      How Sim scripted Changi story
      530 14  -  ARTHUR LEE His personal touch and care made it a magnificent airport THOSE who have marvelled at Changi Airport's attention to detail were given a glimpse of how the man behind the project made it possible. At the funeral service of former civil service head
      ARTHUR LEE  -  530 words
    • Article, Illustration
      Sunshine Empire under CAD investigation
      205 14  -  WEE LI-EN THE Commercial Affairs Department (CAD) is investigating marketing company Sunshine Empire. Police yesterday said that people who have placed money with Sunshine should wait for further updates from CAD. They also said that people who have placed money with the company may be
      205 words
    • NEWS ROUNDUP
      • Article
        S'pore topmost in Asia for shopping, dining
        77 14 SINGAPORE is ranked the top country in Asia and third in the world for shopping and fine dining, making it the Asian city that people would most like to live in, according to the third annual Country Brand Index (CBI), a study of
        77 words
      • Article
        BMW to transport VIPs during Asean summit
        29 14 BMW limousines will be transporting heads of state and government and ministers visiting Singapore for the 13th Asean Summit, on Nov 18-22.
        29 words
      • Article
        CDL gets President's Social Service Award
        43 14 CITY Developments Limited (CDL) has been conferred the President's Social Service Award 2007 in recognition of its firm commitment and voluntary contributions to the community. It is the only corporation to be awarded this honour in 2007.
        43 words
    • Article
      GE Money plans more products, tie-ups
      301 14  -  CONRAD TAN GE Money, the consumer moneylender, said yesterday it would look at introducing more products such as mortgages here. Iqbal Singh, president and chief executive officer of GE Money Singapore, said that the company would also look at partnerships with retailers, although it
      301 words
    • Article
      Invista builds nitric acid plant on Jurong Island
      320 14  -  MATTHEW PHAN INVISTA, a US manufacturer of fibres and polymers, is building a US$lOO million plant on Jurong Island to make nitric acid, it said at the plant's groundbreaking yesterday. Nitric acid is a feedstock for adipic acid, which is widely used
      320 words
    • Article
      Talent crunch limits firms' overseas expansion
      328 14  -  NISHA RAMCHANDANI By EXPANDING abroad may be a natural step for growing the business, but manpower constraints appear to be one of the common challenges faced by local companies venturing into foreign markets. "To date, Tru-Marine has more than eight subsidiaries around the world
      328 words
    • Article
      Japan needs more reform: Koizumi
      312 15 Without it, today's political gains will become tomorrow's economic pains WHAT Japan needs is more reform, not less, its former prime minister, Junichiro Koizumi, told a conference in Singapore yesterday. Pundits have attributed the historic defeat of the ruling Liberal Democratic Party (LDP) in the
      312 words
    • Article
      New StarHub deal for data roaming
      446 15  -  WINSTON CHAI Daily flat rate expected in Q1 '08 in 11 Asian countries STARHUB customers will soon be able to pay a daily flat fee when they access the Internet or e-mail through their cell phones in other countries as opposed to grappling with
      446 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      90 12 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 ft INVEST FOR REAL RETURNS hj^^^S r'%s<t|ij jj& The true objective for any long-term investor is maximum total real
      90 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      364 13 JUICE 111 eS WM Efl M 111 l# 'I -J I E^IVV] II i' w I 111 I SsttMMM |MJIBJIIWM'">* B m BBSS Kiiii-llllijijßH 111 B? < e3 »iminm»il —..h. < r I:: |:r- f ar-tsi II I Ji^ifl piiP" I<BMIIHIIIIIIIIi| iiiii«;BSLißi .ta I Ei —r I, 1 Ml I
      364 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      192 14 Terios "Big Wheels" 4UJDSLJU. makes Vour Heart Beat Faster 6 Faster... Checklist for your real SUV: Keal men and not the More powerful, high capacity tropical airconditioner, wimpy ones will be excited. _^^^B^\ *unec' suspension with front rear stabilizers, Excited enough to get them m '-Al _^^^^^k Immobilizer protected keyless
      192 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      175 15 <U O Experts estimate that +J 7 a staggering 60% of the world's carbon rjj emissions come from the built environment, clogging skies and heating the earth. *Jk Revit® software, purpose built S! 7 or a' on 8 w' tn leading analysis partners, give users the u^. I ability to
      175 words
    • Advertisement
      Page 15 Advertisements Column 2
      1443 15 Caggaßetail China Trust Constituted in the Republic of Singapore pursuant to a trust deed dated 23 October 2006 (as amended) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of Capitaßetail China Trust ("CRCT") will be held at 168 Robinson Road, Capital Tower Level 9,
      1,443 words
Page thumbnail Page 16
  • FOCUS: GES
    • Article, Illustration
      Businesses get strategies for innovation
      452 16  -  OH BOON PING Open mindset process for new ideas, collaboration are necessary A CORPORATE guru yesterday set out in a speech the five broad strategies that should guide businesses seeking innovation. The strategies include an open mindset towards opportunities, a process for managing new ideas
      452 words
    • Article, Illustration
      S'pore 'a platform for business alliances'
      251 16 Lim Hng Kiang hails Europe's presence at Enterprise Exchange SINGAPORE can provide the perfect platform for businesses to form alliances and meet the challenges of a competitive world, Trade and Industry Minister Lim Hng Kiang said yesterday at the opening of the Enterprise Exchange.
      CHEW SENG KIM/ST  -  251 words
    • Article, Illustration
      Indian digital cinema company wins GES award
      347 16  -  AMIT ROY CHOUDHURY INDIAN digital cinema distribution company UFO Moviez was presented the 2007 Global Entrepolis Singapore (GES) award by Prime Minister Lee Hsien Loong yesterday at the gala opening of this year's Global Entrepolis conference. UFO Moviez won the award for deploying
      347 words
    • Article
      Govt to ramp up focus on users of its online services
      256 16  -  ONG BOON KIAT AS Singapore approaches the halfway mark to its next e-government milestone the Integrated Government (iGov) 2010 masterplan the government is ramping up its focus on users of public services. Minister for Community Development, Youth and Sports
      256 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      108 16 QTyRA/TTT VOTTT? I\TOl\/TTI\T ATTMIvTQ MfYW Organised by The Business Times and supported by Singapore Exchange, the Awards are presented to companies and individuals of companies listed on the Stock -DIVIII I\J UIV 1M L/lVlllN rV 1 iwlM OIN\J VV Exchange. You are invited to nominate deserving names for the following
      108 words
Page thumbnail Page 17
  • MANUFACTURING EXCELLENCE AWARD
    • Article
      Identifying role models
      286 17 THE Singapore Manufacturing Excellence Award, also known as Maxa, represents the highest standards in manufacturing innovation and distinction. Launched in 2006, the award was mooted to lift the sector's profile and to underline the continuing importance of the manufacturing industries to Singapore's economy. Manufacturing today contributes more
      286 words
    • Article, Illustration
      Managing supply chain risk: lessons from Maxa winners
      870 17 S'pore-based ops are a good example for other Asian companies, say chiimta bhagat and Valentin safir Priorities Which of the following supply chain risks concerned your company during its most recent strategic/operational planning cycle? Source: EXECUTIVES around the world who responded to
      McKinsey  -  870 words
    • Article, Illustration
      Beyonics focus on quality, talent
      882 18 chen huifem finds out what it took for the contract manufacturing firm to come of age and win the Maxa award THE late 1990s could be regarded as tumultuous times for homegrown contract manufacturing firm Beyonics Technology. Like many other local manufacturers then, it was
      FILE PHOTO  -  882 words
    • Article, Illustration
      SMA – Adding to S'pore's talent pool
      917 20 SMA Adding to S'pore's talent pool A partner in Maxa, the Singapore-MIT Alliance provides students with access to academic expertise and cutting-edge research facilities, reports cheim huifeim THE Singapore-MIT Alliance (SMA) is an innovative engineering education and research collaboration among the National University of Singapore (NUS), Nanyang Technological University (NTU)
      917 words
    • Article, Illustration
      Siemens capitalising on well-educated manpower here
      562 20  -  CHEN HUIFEN REFLECTING the feelings of other multinationals here, Siemens technical plant office director Norbert Nahm acknowledges that Singapore is more expensive than other Asian countries. "However, we feel the strengths of ease of communication overcome this challenge, because through increased responsiveness we are
      562 words
    • Article, Illustration
      Plan to fight talent crunch as S'pore focuses on higher value industries
      760 20  -  CHEN HUIFEN SINGAPORE'S current lead in several manufacturing industries stems from the time it attracted multinationals here in the 1970s and 1980s with a combination of affordable labour, well-connected port and airport and tax incentives. Today, the republic
      760 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      83 17 sssmc Going the extra mile towards Manufacturing Excellence Winning the MAXA Category Award for Operational Excellence is an important w milestone in our journey towards Business Excellence. This is a testimony of the 1,350 staff who are dedicated in achieving the highest levels of performance and manufacturing excellence in the
      83 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      108 18 KENWOOD Listen to the Future We congratulate EDB, Mckinsey Co, Singapore MIT Alliance and MAXA associates on having successfully organised the prestigious Manufacturing Excellence Award (MAXA) 2007. We are proud to be a part of the Singapore's Manufacturing Excellence celebrations, and we are honoured to have won the MAXA 2007
      108 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      80 19 111 dWd wT Jp" Singapore made. Globally admired/^^^ I Technology 1 H^ I'm M Our Partners: a r\r\n\ a '^^^yd nico Technoi°gypte Ltd I U M \JUU® IfllMrM. Bro^ NICO Industrial Services rea/MttOG/itf Mlstamping industries pbe ltd techw|se circuits pte ltd Your Gateway To A Reliable Source to r TECK
      80 words
Page thumbnail Page 20
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      201 21 Singapore made. Globally admiredi^^^k H JB» V I £1 7^l il A kj w»V ■I CELEBRATING EXCELLENCE IN MANUFACTURING MAXA celebrates Singapore's achievements in the Congratulations to the winners and finalists of MAXA manufacturing industry. A major pillar of the Singapore 2007. Each has demonstrated world-class manufacturing economy, manufacturing contributes
      201 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      351 22 d ajj£ u Lji^r.H ii.jttAMfl^^H^LJHAMllfll 3k\\ Biv CONGRATULATIONS to AQUA-TERRA Supply Co. Limited 4. AQUA-TERRA OILFIELD EQUIPMENT SERVICES PTE LTD Asia's leading procurement services provider serving the oil gas, marine, petrochemical and mining industries On being awarded the prestigious certifications for UKAS ICW UKAS 001 001 Cert No: *****96 Cert
      351 words
Page thumbnail Page 23
  • ECONOMY WATCH
    • Article, Illustration
      PM's talk of possible move to tame yen provides breather
      533 23  -  ANTHONY ROWLEY Nervousness over intervention hint sparks yen retreat in lOKyo THE YEN retreated yesterday from an 18-month high against the US dollar and from lesser peaks against other currencies after Japanese Prime Minister Yasuo Fukuda hinted that an over-rapid
      REUTERS  -  533 words
    • Article
      IEA sees oil demand growth easing
      588 23 Reuters, Bloomberg Oil's march towards US$lOO already slowing consumption, says energy agency [SINGAPORE] Crude oil prices fell more than US$l yesterday after the International Energy Agency (lEA) cut its forecast for world oil demand growth, saying that the recent surge in oil prices had
      Reuters,; Bloomberg  -  588 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      1793 23 Advertising Feature Strategies for growing wealth in volatile times In recent months, Asian stock markets have US is both indirect and relatively limited. What involves dividing up the portfolio into a core flexibility to accommodate any change in been on a bull run, pushing prices to unpreced- exposure there is,
      1,793 words
Page thumbnail Page 24
  • MALAYSIA/INDONESIA
    • Article
      DiGi.com, Time dotCom in strategic, equity tie-ups
      535 24  -  S JAYASANKARAN Move allows foreign-owned DiGi access to Time's prized 3G spectrum in Kuala Lumpur MALAYSIA'S only for-eign-owned mobile phone firm, DiGi.com, agreed yesterday to form strategic and equity tie-ups with broadband telecommunications firm Time dotCom in a move that will allow DiGi
      535 words
    • Article, Illustration
      M'sia not worried over high oil prices
      345 24 Reuters [KUALA LUMPUR] Malaysia is not worried right now about the impact of high oil prices on its economy, the country's second finance minister said yesterday, a week after crude hit a record high. "We have managed to diversify our economy base so
      Reuters; AP  -  345 words
    • Article
      Freeport pays Jakarta US$434m in tax in Q3
      165 24 -AFP [JAKARTA] Mining giant Freeport Indonesia announced on Monday that it paid the Indonesian government US$434 million in taxes, royalties and dividends in the third quarter of this year. Freeport said it had paid a total of US$l.4 billion to the Indonesian
      -AFP  -  165 words
    • Article, Illustration
      Rommel leaves behind an unchanged message
      605 24  -  PAULINE NG Departing EU official insists NEP deters investors from M'sia in Kuala Lumpur THIERRY Rommel may have been persona non grata at certain government departments and even ostensibly denied a farewell audience with the Malaysian King prior to leaving as ambassador and head
      605 words
    • Article
      BURSA MALAYSIA
      2373 24 I0V13 RM C000) \&M Realty 0.94 s,bricBhd 0.29 \dvance Synergy 0.34 5,dventa Bhd 1.56 \eMulti Hldgs 0.29 Win Holdings 2.82 \hmad Zaki Resou 5.80 \icCorp 0.69 5,irasia Bhd 1.87 \kn Messaging Te 0.19 \kn Technology 0.73 \lliance Financi 2.87 \luminium Co 1.25 \malgamated Ind 0.54 \minvestment Grp 3.66
      2,373 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      117 24 ZAP BID FROM $10! LONGINES LONGINES HYDROCONQUEST RETAIL PRICE: I,73o(lnclude 7% GST) MydroConquest collection is the preferred watch for divers.The black dial is embellished LgjDvS™ withabigl2withsuperluminovaluminesiS^fc*^^ cence on the hands and indices to facilitate m^sl -4W- reading in all conditions.The watch is fitted with the L633 automatic selfwinding mechanical movement
      117 words
Page thumbnail Page 25
  • GREATER CHINA
    • Article
      Why China makes announcements of rate hikes a random event
      723 25 Reuters Keeping veil over policy changes creates an element of risk for markets: analysts [BEIJING] Interest rate rises on Friday evenings, reserve ratio increases on weekend afternoons, policy statements at all hours of the night. Such is the random nature
      – Reuters  -  723 words
    • Article, Illustration
      Inflation back to 6.5% in Oct as food prices rise
      484 25 -AP More monetary tightening, further rate hikes seen to rein in inflation [BEIJING] China's consumer prices rose sharply in October, tying a decadehigh monthly inflation rate of 6.5 per cent, the government reported yesterday, adding to pressure for measures to
      -AP; AFP  -  484 words
    • Article, Illustration
      China Mobile in talks to sell iPhone in China
      185 25 Bloomberg [BEIJING] China Mobile Ltd, the world's biggest wireless operator by users, said it's in talks with Apple Inc to sell the iPhone handset in China, chairman Wang Jianzhou said. "Our customers like this kind of fashionable product," Mr Wang said
      Bloomberg; REUTERS  -  185 words
    • Article
      MGM Mirage to open first casino in Macau in Dec
      165 25 AP [LAS VEGAS] Casino developer MGM Mirage Inc said on Monday it would open its debut property in the Chinese gambling destination of Macau on Dec 18. The US$l.25 billion project is a joint venture with Pansy Ho, daughter of
      AP  -  165 words
    • Article
      China defends financial services rules
      255 25 Bloomberg Six governments have complained [GENEVA] China defended its financial services regulations, saying domestic banking and insurance industries have been "almost fully opened" to foreign rivals as the government fulfils its World Trade Organization (WTO) pledges. The US, the European Union and Japan were among
      Bloomberg  -  255 words
    • Article
      Curbs on discount sales after stampede
      174 25 Reuters [BEIJING] China has told supermarkets and retail malls to control discount sales after a stampede in a Carrefour store killed three people and injured dozens rushing to buy cheap cooking oil. The stampede broke out on Saturday among hundreds of customers who crushed
      – Reuters  -  174 words
    • Article
      Goldman gets go ahead to buy stake in toolmaker
      240 25 Bloomberg [SHANGHAI] Goldman Sachs Group Inc received conditional approval to buy 12.08 per cent of Chengdu Yangzhiguang Industrial Co after China's regulator blocked two other planned investments by the US firm during the past four months. The China Securities Regulatory Commission
      Bloomberg  -  240 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      347 25 GLOBAL EDUPRENEUR PROGRAM lIIYIIRV TflllßQ X. TRUUFI PTF ITtl Asia's Most Powerful Successful Business Mentoring Program LUAUttT lUUN9 ft IMMVEL f"ft LIU This FREE Seminar can totally change your Life forever! The Leading Operator P^T^^FTTTT^nPTTTTTTTT^^3 T^..Ti iii.s JJt-B Established since 1985 100 Orchard Rd #02-16 p^g|jjj^2j^jj^yjjj^u^|u^jy|^j^|m^^j^|y_^^^^p| Mar idler, shopping centre
      347 words
Page thumbnail Page 26
  • INDIA
    • Article, Illustration
      No more steps planned to curb inflows: Delhi
      396 26 Reuters Govt is watching the situation following Sebi's recent moves [NEW DELHI] India has no more steps planned to curb capital inflows but is watching how they develop after measures taken recently by the regulator, Finance Minister Palaniappan Chidambaram said on Monday.
      – Reuters; AFP FILE PHOTO  -  396 words
    • Article
      BSE ties up with USFE to list futures contract
      231 26 Reuters [MUMBAI] India's Bombay Stock Exchange (BSE) has tied up with US Futures Exchange (USFE) to list a dollar-denominated benchmark index futures contract on the Chicago-based electronic exchange, the firms said on Monday. The futures contract based on India's Sensex, as
      – Reuters  -  231 words
    • Article
      Tata joins supercomputer Top 10; IBM heads list
      313 26 Bloomberg Tata has world's 4th fastest computer, built in six weeks and costing USs3om [ATLANTA] India's Tata Sons Ltd entered the top ranks of the world's supercomputer operators this year, challenging the US and Japan in the race to build faster machines.
      – Bloomberg  -  313 words
    • Article, Illustration
      Infosys plans to acquire European software firms
      368 26 Bloomberg [BANGALORE] Infosys Technologies, India's sec-ond-largest software services provider, plans to acquire smaller competitors in Europe to add customers and expand its consulting business. "Some of these companies out there in the market, they are struggling with growth, scale," B G Srinivas, head
      Bloomberg; BLOOMBERG FILE PHOTO  -  368 words
    • Article
      Govt in talks with RBI over forex funds for projects
      326 26 Reuters Reserves could be released to entity for infrastructure [NEW DELHI] The Indian government is in talks with the central bank to release part of its foreign exchange reserves to a proposed financing entity for infrastructure projects, a government report
      – Reuters  -  326 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      178 26 [^■IBftTrYiiiffT^ Jislliii 8$ >£^i?4^& Lianhe Zaobao Byik_ o|i||| nln l» "i V* I I IX.I BlPfe I www.hardwarezone.com® handy Mobile-Phone fl "W Wrhn Comics VfI^WHBVH^V |l t l Price Guide is all you need. With a click of your gift CardS LJD fOr I v |r ll ML ■■^v£\SM mouse,
      178 words
Page thumbnail Page 27
  • MIDDLE EAST
    • Article
      Saudi Arabia to cut diesel exports by two-thirds
      487 27 Reuters Decision comes as domestic demand catches up with output [SINGAPORE] Saudi Arabia will cut 2008 gas oil exports by two-thirds from this year to 880,000 tonnes and will not renew any of its annual term deals as domestic demand surges, industry
      Reuters  -  487 words
    • Article
      UAE to build USssb refinery in Pakistan
      157 27 Xinhua [ABU DHABI] The United Arab Emirates will build a refinery worth US$5 billion in Pakistan's south-west coast, local newspaper Khaleej Times reported on Monday. The deal on the joint venture, named Khalifa Coastal Refinery, was scheduled to be signed in Islamabad yesterday,
      ■ Xinhua  -  157 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      430 27 Presenting the latest collection by Michele Pavanello including Sicilian-styled salad of prawns, fennel and orange, Carnaroli risotto with saffron and bone marrow in amarone wine B reduction, Fettuccine with spicy kurobuta pork and Haitian vanilla creme brulee with vincotto marinated mixed berries, amongst others. 2-course and 3-course set lunches are
      430 words
Page thumbnail Page 28
  • ASIA-PACIFIC/WORLD
    • Article
      JLL sees Asia as safe haven amid sub-prime debris
      398 28 Bloomberg Region could benefit as investors reallocate funds from US, Europe [LONDON] Asia provides a "safe haven" for property investors as returns decline on US and European assets because of sub-prime mortgage losses, said commercial real estate broker Jones Lang LaSalle.
      Bloomberg  -  398 words
    • Article, Illustration
      US Mint fears losing money over penny meltdown
      487 28 Bloomberg [NEW YORK] In Washington, a city known for mul-ti-billion-dollar budget deficits, some members of Congress and the Bush administration are near a meltdown over a much more modest figure: the old copper penny. The government fears that citizens will melt US
      Bloomberg; REUTERS  -  487 words
    • Article, Illustration
      Manoeuvring through grumpy seas
      463 28  -  Vincent Wee ROUNDING Cape Agulhas, and going over the Agulhas bank, the Uniquely Singapore clipper ran into a four-knot adverse current. Although it cut their average 10-knot speed down to about six knots, it also gave them a chance to catch up a little with the
      463 words
    • Article
      Macquarie's H1 profit up 45%
      225 28 -AP [SYDNEY] Macquarie Group Ltd, Australia's largest investment bank, said yesterday that it increased first-half profit 45 per cent from a year ago as it continued its rapid international expansion undeterred by the global credit crunch. Macquarie reported a better-than-expected A51.06 billion (551.38 billion) net
      -AP  -  225 words
    • Article
      Banks drop trading systems to join Nasdaq's portal
      295 28 Bloomberg [LONDON] Investment banks including Goldman Sachs Group, Morgan Stanley and Merrill Lynch plan to drop their own platforms for trading unregistered securities and join Nasdaq Stock Market's system. Twelve investment banks will join Nasdaq to form the Portal Alliance for so-called
      – Bloomberg  -  295 words
    • Article
      Murdoch plans Chinese, Indian editions of WSJ
      346 28 -AFP, Reuters [SYDNEY] News Corporation chief Rupert Murdoch plans Chinese and Indian editions of The Wall Street Journal as part of a long-term strategy to increase its global reach, a newspaper reported yesterday. Mr Murdoch also told News Corp's The Australian newspaper that
      -AFP, Reuters  -  346 words
    • Article, Illustration
      Fukuda stresses importance of US alliance
      509 28 -LAT-WP He says heaviest responsibility for Japan is to ensure stability in Asia [TOKYO] Prime Minister Yasuo Fukuda affirmed on Monday the singular importance of Japan's alliance with the United States, but also made it clear that his government's reach in global security affairs
      -LAT-WP  -  509 words
Page thumbnail Page 29
  • WORLD
    • Article
      Big Wall St profits seen despite writedowns, 3 CEOs' ouster
      440 29 Bloomberg Goldman, Lehman to report their highest earnings ever this year ;NEW YORK] Even after the record US$B.4 billion writedown for bad debts at Merrill Lynch, the unprecedent--3d ouster of three chief exscutives within five months ind the elimination of
      ■ Bloomberg  -  440 words
    • Article, Illustration
      SOMETIMES, THE SHOW DOESN'T GO ON
      73 29 AFP [NEW YORK] Empty counters behind a sign at Broadway's main discount ticket counter announcing that no Broadway shows are available as a strike by Broadway stagehands entered its third day here on Monday. The strike, which started on Nov 10 without notice, brought
      AFP  -  73 words
    • Article, Illustration
      Adobe chief resigns in surprise move
      372 29 Reuters [BOSTON] Adobe Systems' chief executive Bruce Chizen is stepping down, a surprise move that comes as the software maker seeks to develop new ways to tap the Internet. The news sent Adobe's stock down 3 per cent in af-ter-hours trading. Shantanu Narayen, a
      – Reuters  -  372 words
    • Article
      Blackstone posts Q3 loss on charges
      485 29 -AP Turmoil in credit market shakes up real estate business [NEW YORK] The Blackstone Group on Monday reported third-quarter earnings that were lower than in the period a year earlier, as troubles in the credit market shook up its real estate business. Analysts and
      -AP  -  485 words
    • Article
      ETrade shares plummet
      214 29 -NYT [NEW YORK] Shares of ETrade Financial tumbled on Monday after an analyst suggested that the company might have to seek bankruptcy protection if panicked customers withdrew deposits because of the brokerage's faltering mortgage investments. The online brokerage is the latest financial company to struggle as a
      -NYT  -  214 words
    • Article
      Goldman holds bigger share of Level 3 assets
      475 29 -Bloomberg At end of Q3, they exceeded those of Citi and Merrill [NEW YORK] Goldman Sachs Group held a bigger proportion of hard-to-value assets at the end of the third quarter than Citigroup and Merrill Lynch, two of the firms hardest hit
      -Bloomberg  -  475 words
    • Article
      Al Gore joins famed Silicon Valley venture capital firm
      296 29 Reuters [SAN FRANCISCO] In a career marked by second acts, Al Gore, the former vice-president of the United States and co-winner of the Nobel Peace Prize, is becoming a partner at Silicon Valley's most storied venture capital firm. Kleiner Perkins Caufield
      – Reuters  -  296 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      68 29 If you are facing any of the following: Slow network or Internet access in your office Concern over the confidentiality and integrity of your data Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks Uncertainty on security when transacting over Internet
      68 words
Page thumbnail Page 30
  • AVIATION
    • Article, Illustration
      Soaring air fares unlikely to come down this time
      592 30 NYT Reason: Both major carriers and their low-cost rivals want to stay profitable [NEW YORK] As a major holiday travel season approaches and airlines scramble to cover soaring fuel bills, airfares are going up. And this time, they're likely to stay
      NYT; AP  -  592 words
    • Article
      EU watchdog may force Europe airlines to shut down websites
      346 30 Reuters [BRUSSELS] Over half of Europe's airlines including Ryanair could be forced to close their websites next year if they fail to remedy problems shown by the EU consumer affairs watchdog in a probe carried out in September. The results
      – Reuters  -  346 words
    • Article, Illustration
      Boeing to choose specs for 787 jet within months
      382 30 -Bloomberg [DUBAI] Boeing Co, the world's second-largest maker of commercial planes, plans to decide within the next few months exactly what to offer airlines when it creates specifications for the largest version of its 787 Dreamliner. Boeing currently offers two versions
      -Bloomberg; AP  -  382 words
    • Article
      Cathay sees cargo growth
      214 30 Reuters [SYDNEY] Hong Kong carrier Cathay Pacific Airways Ltd said yesterday it saw plenty of opportunity to expand its cargo business and was confident of combating increased competition from budget airlines. Chief executive Tony Tyler said cargo revenues this year would not be as high as
      – Reuters  -  214 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      2417 30 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), AI 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 u,,u v .u«,, u^ uuuraq Airlines (BOU),
      2,417 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      370 30 CRYPTIC CROSSWORD ACROSS 1 The jumper from a goblin's n I I r HH3 I [4 I R I |6 I I |7 3 Viewer requiring very little HBB] Bfl BJ BJ BJ BBBJ room f1 0") uui m v' u/ g i i BHs I 8 Criminal's proposal to
      370 words
Page thumbnail Page 31
  • SHIPPING
    • TRANSPORT STOCKS
      • Article
        SGX
        112 31 '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 MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.87 0.37 6.75 1.23
        112 words
      • Article
        KLSE
        36 31 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.25 9.80 9.70 5.10 3.00 0.24 2.71 unch 0.10 0.05 0.05 0.01 -0.02 unch 167 640 731 1521 83 6 17
        36 words
      • Article
        BANGKOK
        12 31 '00 ■recious Ship Jegional Cont 27.75 28.50 0.25 0.50 1901 351
        12 words
      • Article
        HONGKONG
        11 31 '000 Doil iingamas Cont .68.70 ...3.79 -0.50 0.05 145. 317!
        11 words
      • Article
        PHILIPPINES
        21 31 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.70 39.00 1.86 unch -0.10 -0.50 0.04 unch 126: 346' 7<
        21 words
      • Article
        TAIPEI
        22 31 Evergreen Marine ....26.85 :irst Steamship 82.10 Wan Hai Lines 29.75 fang Ming Marine ..25.80 0.10 2.90 0.75 0.80 2' 11 1(
        22 words
      • Article
        TOKYO
        40 31 '000 (awasaki Hvy Ind ..342.00 unch ***** (awasaki Kisen ...1402.00 -35.00 6476 Mitsubishi Hvy 543.00 13.00 ***** Mitsui Eng&Sbldg ..539.00 2.00 8416 Mitsui Osk Lines ...1691.00 -5.00 ***** Mippon Express 538.00 -4.00 3356 MipponYusen 1038.00 -29.00 7517 source: Reuters
        40 words
    • Article, Illustration
      Jurong Port's Oct throughput up 12%
      249 31  -  VINCENT WEE JURONG Port saw an 11.9 per cent increase in container throughput in October to 66,000 TEUs (20-foot containers) from 59,000 the previous year. However even with the latest figures, year-to-date throughput was just 631,000 TEUs, 185,000 TEUs short of the full-year figure
      FILE PHOTO  -  249 words
    • Article
      Asian product tanker rates surge
      260 31 Bloomberg [SINGAPOREIAsian oil-product tanker rates rose, led by demand for larger vessels to transport gasoline, naphtha and other products before the northern hemisphere winter. The rate to hire a ship that can carry 75,000 metric tons of oil products, or a so-called long-range 2 tanker,
      – Bloomberg  -  260 words
    • Article
      Evergreen's bright view of the future
      928 31  -  DAVID HUGHES STRAIT TALK IF you're looking for one name to sum up success in an era of containerisation, Evergreen would have to be high on the list. The Taiwan-based carrier's phenomenal growth parallels the unstoppable rise of the box. Also impressive are many
      928 words
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1986 31 International Ship Classification INTEGRITY SERVICE QUALITY -$0- nuuumnm jsffla ISCIdSS a t the forefront BJBJBiBiM l^@^^- 3t of maritime safety, ■ftK||||||||| environmentai protection HHf IN THE MATTER OF COMPANIES ACT, CAP 50 HOTEL PROPERTIES LIMITED AND IN THE MATTER OF Company Registration Number *****0348Z GOODWAYS INVESTMENT PTE LTD (Incorporated in
      1,986 words
Page thumbnail Page 32
  • EDITORIAL & OPINION
    • Article
      Singapore's gender gap
      505 32 AT a quick glance, it might seem from the World Economic Forum's (WEF) latest Global Gender Gap Report that, for all the strides made in narrowing the pay gap and cracking the glass ceiling, Singapore women still lost ground against the men over the past year. Actually,
      505 words
    • Article, Illustration
      Global dilemma as US$ hits danger zone
      924 32  -  SEBASTIAN MALLABY A weak greenback ceases to act as a store of value and drags down other currencies FOR a quarter-century after World War 11, money was based on a loose version of the gold standard. The US dollar was pegged to gold;
      AP  -  924 words
    • Article, Illustration
      Chen Shui-bian hogs limelight in Taiwan electioneering
      792 32  -  FRANK CHING THE BOTTOM LINE TAIWAN leader Chen Shui-bian's greatest successes were scored in 2000 and again in 2004, when he won two presidential elections. His performance as president in the last seven years, however, has been mediocre. No doubt, that is why
      792 words
    • Article, Illustration
      Markets don't regulate themselves
      778 33  -  ROBERT KUTTNER If mortgage lenders were required to use prudent underwriting standards, the sub-prime crisis would not have occurred THE deepening calamity now spreading from financial markets to the broader economy results from the failed fantasy that markets can regulate themselves. We supposedly learned this lesson
      REUTERS  -  778 words
    • Article, Illustration
      India's New Deal needs redesigning
      903 33  -  ANDY MUKHERJEE Bloomberg INDIA'S rural employment guarantee programme, recently extended nationwide by Prime Minister Manmohan Singh, requires all participants to have job cards. This crucial document, which shows the hours worked and wages earned for constructing a mud road or digging a pond, needs a
      Bloomberg; AP  -  903 words
    • Article
      F&N's search for CEO is continuing
      121 33 LETTER TO THE EDITOR I REFER to the article, "F&N's CEO hunt halted as Hsien Yang rethinks strategy" (BT, Nov 12), by Conrad Raj. We are disappointed that Mr Raj has chosen to write a piece on F&N based on wrong information provided by
      121 words
Page thumbnail Page 33
Page thumbnail Page 34
  • SINGAPORE STOCKS
    • Article
      SGX MAINBOARD
      7428 34 Transaction date: Nov 13 HiLow Code Com| i an; Sale ('000) Hi. .ow B'u] rer Seller C'vr P/E $mil 3.5 2 5716 1st Software 22 8 3148 STelecom 34 17.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15.5 1938 AEI Corp 27 14 1100 AEM
      7,428 words
    • Article
      SGX XTRANET
      73 34 Hii Low Code Comi >an' Sale COOQ) Hii Low Bui rer Seller C'vr P/E Smil 119 119 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 IS S&P500 ***** ***** 6170 SPDRS 3983 2805 6235 STI ETF 100 3977.9
      73 words
    • Article
      SGX SESDAQ
      2140 34 52-Wk Tel High Low Code Last Sale Vol Cooo] Day |h Low Last Quote Div GrYld Buyer Seller C'vr Net MCap P/E Sinil Comi >an' Hii 30 115 1181 AAGrp 415 19 5000 ABRHIdgs 31 235 8538 APStrategic 165 2 1501 Advanced System 705 15 1524 Alantac 225
      2,140 words
    • Article
      CLOB INTERNATIONAL
      209 34 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
      209 words
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      76 34 W^m >^^T*n IHi vi\u iTsrgs^M^^^T^Mrfl^^ ir i rl 1 Australia I 10t l/ns^y C\ iV Canada 10c i nrk OX.// B France 10* Make an affordable call BSBwRBE Hon" Kong l 'tl HS~ ryv lJ^ ilfcj MSES^SEm^SBE^SSSSSBSSSSSmM m Malaysia fe^ ioe m W^ cwal^^^T^^^^^^^^^^^A i\\y V^| JM JiiPiiPPWWililTWßiiffiiTiiPM New Zealand
      76 words
Page thumbnail Page 35
  • FINANCE & COMMODITIES
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      364 35 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Nov 12 World Index Preliminary 1124.1 -0.1 2.1 0.2 1.3 -0.7 7.I EAFE Preliminary 1113.1 -0.5 0.5 -0.5 3.3 -1.4 9.I Euro[ Preliminary 1534.4 0.2 2.7 -0.1 5.4 -1.0 11.: Pacific 950.3
      364 words
    • Article
      PALM OIL
      65 35 Nov 13 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Low Vol Open Done Position Nov07 2930 2910 2933 2890 109 5927 Dec 07 2915 2910 2944 2894 1715 8078 Jan 08 2912 2924 2957 2900 9889 ***** Feb OS 2905 2920 2955
      65 words
    • Article
      STOCK INDEX FUTURES
      25 35 Nov 13 ten Hii Sett STI :iMSCI Nov 429.7 431 424.2 "aiwan Nov 342.4 344.8 342.2 Source: MF Global (S) Pte. Ltd
      25 words
    • Article
      US$/S$ FORWARD RATES
      21 35 Nov 13 Bid Offer 1-month 1.4485 1.4497 2-months 1.4460 1.4472 3-months 1.4433 1.4446 6-months 1.4362 1.4377 Source: OCBC
      21 words
    • Article
      INTERBANK CURRENCY RATES
      155 35 Nov 13 Against SS Currencies Bid Offer Against USS Bid Offer S$IUS$ to one unit of foreign currency: Australian dollar 1.2943 1.2957 0.8916 0.8919 Canadian dollar 1.5161 1.5178 1.0444 1.0448 Euro 2.1218 2.1237 1.4616 1.4619 NZ dollar 1.0952 1.0968 0.7544 0.7550 Sterlini 3.0001 3.0027 2.0666 2.0670 US
      155 words
    • Article
      SGX DERIVATIVES TRADING
      342 35 Nov 13 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Dec07 Mar08 Jun08 Sep08 95.265 95.765 95.995 96.095 0 0 0 0 ***** ***** ***** 8262 EUROYEN FUTURES Dec07 99.170 99.170 Mar08 99.165 99.170 Jun08 99.150 99.160 Sep08 99.100 99.120 Dec08 99.055 99.065 Mar09 99.000 99.010 Jun09
      342 words
    • Article
      SICOM FUTURES
      287 35 Nov 13 KUbbbK Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Dec 07 Jan 08 Feb 08 Mar 08 Apr/Jun 08 Jul/Sep 08 366.00 367.50 369.25 372.50 376.50 379.00 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open
      287 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      126 35 As at 9am Nov 13 of foreign currency: Currencies Bid Offer Aust dollar 1.2780 1.2930 Can dollar 1.4970 1.5150 Euro 2.1050 2.1290 NZ dollar 1.0810 1.1040 Sterlini ind 2.9750 3.0091 US dollar 1.4460 1.4630 Local dollars to 100 units of foreign currency: Currencies Bid Offer Chi
      126 words
    • Article
      INTERBANK RATES
      162 35 Nov 13 Overnight 1 3/4 1 -month 2 5/16 2-months 2 7/16 3-months 2 1/2 Overnight mode: 2 1/8 US$ Offer 1 5/8 2 3/16 2 5/16 2 3/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.62 4.63 4.90
      162 words
    • Article
      INTERBANK CROSS RATES
      447 35 Nov 13 Australia 0.854 6.626 0.610 6.942 35.117 81.863 0.981 8.193 2.989 1.182 54.379 38.332 1.295 6.042 1.003 28.798 30.155 0.431 0.892 Canada 1.171 7.761 0.715 8.132 41.137 95.895 1.149 9.598 3.502 1.384 63.700 44.902 1.517 7.077 1.175 33.734 35.323 0.505 1.045 China 0.151 0.129 0.092 1.048
      447 words
    • Article
      PRECIOUS METALS
      163 35 Nov 13 /oz) lov lov Hong Kong 816.00 801.70 817.00 802.70 Nov 12 Nov 09 London 804.65 831.25 805.35 831.95 Source: Reuters (SS) Selling Buying 1 oz 1300.05 1167 UBS GOLD LUNAR KINEBAR (SS) Selling Buying 10gm $455.82 374 SILVER Selling Buying (S» Sellini Bur 'im $455.82 Selling
      163 words
    • Article
      SIBOR
      77 35 Nov 13 1 mth 4.***** 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** 2 mths 4.***** 2.***** 3 mths 4.***** 2.***** 6 mths 9 mths 12 mths 4.***** 4.***** 4.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3 yrs 2.***** 4yrs 2.*****
      77 words
    • Article
      GOVERNMENT SECURITIES
      85 35 Nov 13 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****A 14.02.08 1-Year BY*****A 29.09.08 2.29 2.19 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****X 3.125
      85 words
    • Article
      LONDON METALS
      67 35 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2521.00 2563.00 3 months 2570.00 2610.00 Copper, Grade A (USS/tonne) Cash 3 months 6912.50 6955.00 7000.50 7030.00 Lead (USS/tonne) Cash 3501.00 3 months 3465.00 3574.00 3537.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash *****.50 *****.00 3
      67 words
    • Article
      CHICAGO BOT
      103 35 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Nov 07 1032.75 1043.00 1035.00 1025.00 Jan 08 1046.25 1056.00 1049.50 1034.50 Mar 08 1061.00 1070.50 1063.00 1049.00 May 08 1064.50 1072.25 1066.50 1053.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Dec 07 44.46 45.08 44.57 44.00 Jan
      103 words
    • Article
      LIFFE
      82 35 Nov 12 (£/tonne) Close Prev Hii ih/Low Dec 07 918 922 Mar 08 949 952 May 08 965 967 Jul 08 979 981 925/915 954/947 970/963 983/978 COFFEE (USS/tonne) Close Pev High/Low Nov 07 2389 2415 2397/2351 Jan 08 1890 1915 1915/1862 Mar 08 1846 1873 1870/1821 May 08
      82 words
    • Article
      CRUDE OIL & PRODUCTS
      76 35 CRUDE OIL PRODUCTS Nov 12 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 91.07 -1.62 WTI (Near Mth) 94.30 -2.05 Dubai (1-Mth F) 87.03 -0.02 Tapis blend 98.7 0.1 Minas 92.8 -0.05 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 89.32 112.10 -0.50 -0.95 USS/barrel Opec Oil
      76 words
    • Article
      BONDS & WARRANTS
      2715 35 BONDS WARRANTS el lode Com| Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ('000) Ratio Price ing Left >arr >058 Advance Modules Grp W*****3 5 >036 Advance SCT Ltd W*****9 39 5798 Ascendas REIT SGA ECW*****3 21 1105 #Asiatravel W*****7 41 1436 AusGroup MBL ECW*****4 19.5 1851
      2,715 words
  • Page 35 Advertisements
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      2949 36 The Business Times Shipping Times m Ww9k 'RYlll^iiMffiillX^MlftWW m\ wanhaiinternationalpteltd crno i*****m000/r _^"V w^M EQKj^nn BiiilliliillfifrirrritfallT'lV'if'ffi^iiHM til6226isss ihlines) fax:*****163 1 V.^"J-T l l|r a 7-Vl|H m^S&SHSS^KSSfffSM WBLmlMmfffltißEiiM \\MNiA/AN HAI INF\ OKl«n« Servke/Boofcings Dire<r line (ISOO) *****200 «My|»^«HmM^— j%«|^ll^m Wijjn IBmflX'2l'EnTl't''7T'tOlll V V IVnll I IHI LIIILJ PKLTE1:(**********8FAX:(03)*****288PENHL:(04)*****00FAX:(04)*****99 H___fl£_i___i!__H V" JOH
      2,949 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      1027 37 HJ^puyKJLirf^M||ri|Mß|Bj^H for further assistance, please contact: HS#iW#mM^| Zim Logistics S.EAPte Ltd ■jMU£l|Jglijiiß 70 Shenton Way #1 0-02 Marina House Singapore 0791 18 Tel: 631 7 2109 Fax: 6220 1 070 Email: general@zim-logistics.sg Website: www.zim-logistics.com.sg RI C K JVI ERS'LINIE Round-the-World Pearl String Service Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com USA
      1,027 words
    • Advertisement
      Page 37 Advertisements Column 2
      1129 37 ITJTin EASTERN CAR LINER, LTD Ul—^s—-i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS l|mmtt£^^| MHvOIIZ Ramp(KT) Lilting(KT) SIN PKL BTL MIRI LCB JKT MERLIONACE 43 30 12/11 15/11 NOBLE CORAL 2_ 60 13/11 15/11 ENDEAVOR OAK 8_ 60 18/11 19/11 27/11 29/11 GARDENIA ACE 37 10 19/11 20/11 LUNAAZUL
      1,129 words
    • Advertisement
      Page 37 Advertisements Column 3
      987 37 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL TOY SIN P.KUNG COLOMBO N. SHEVA COLOMBO KOTA PERWIRA YPWIIS I4NOV OMIT OMIT 22NOV 26 NOV RAJIV GANDHI OII9W 20 NOV 21 NOV 24 NOV 28 NOV 02 DEC MAMA I 015W I 26 NOV 127
      987 words
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      4883 38 HSH H R H Hll ANDERSEN! i f^- H^mi m Gß o j^ B^i^9 I shipping company/ 70 Shenton Way, #21-03 Marina House Singapore *****8 f&&^\ NORTH WcbT bXrKbbb LINE umiKl »iuiiniiic owns operates the youngest fleet ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■^■■■■■■■■■■■^■■■■■■■■■PHHIHMHII MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DaTEX a« aHIvaI DaTEX WITH
      4,883 words
    • Advertisement
      Page 38 Advertisements Column 2
      870 38 ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number 24/11 24/12 Kyowa AL MUTANABBI C47OE *****233 25/11 06/12 Eurasia P OOCL KAOHSIUNG 018E *****673 01/12 24/12 Kyowa NAJBAN C47IE *****233 02/12 13/12 Eurasia P OOCL VANCOUVER 020E *****673 To SAVONA (SVN) 2653 Italy 14/11 26/12 China Shpg
      870 words
Page thumbnail Page 39
  • MOTORING
    • Article, Illustration
      Spread the festive cheer by giving the gift of a Lexus
      558 39  -  SAMUEL EE Borneo Motors is promoting the 2008 GS3OO model as part of its campaign INSTEAD of the usual jewellery or an expensive watch, Borneo Motors Singapore is suggesting that you consider celebrating Christmas this year by buying your
      ARTHUR LEE  -  558 words
    • Article, Illustration
      YHI makes tyre for entry-level segment
      454 39  -  SAMUEL EE The new tyre is the company's first proprietary effort MAINBOARD-LISTED YHI Corp is chasing first-time Singapore car owners with an entry-level tyre it is making and marketing as its own. Locally based YHI already distributes automotive and industrial products to more than
      454 words
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      157 39 We Define Style In Two Striking Ways. KS 3|^^^^^^^^ Sheer elegance born out of Puro Spirito Alfa two exquisite creations that epitomise the finest m Italian flair. The Alfa Brera, sculpted by the legendary Giorgetto Giugiaro, has been honoured with 4C,. J'"' >^ fcL numerous prestigious international recognitions. An achievement
      157 words
Page thumbnail Page 40
  • EXECUTIVE MONEY
    • Article, Illustration
      Boost SRS funds to build up nest-egg
      882 40  -  DAWN CHAN Enjoy sizeable tax savings while making regular contributions SINGAPORE'S Supplementary Retirement Scheme (SRS) is a deferred tax scheme that allows those working in Singapore to enjoy tax savings, while actively building a retirement nest-egg. Unlike the Central Provident Fund (CPF) scheme,
      882 words
    • Article, Illustration
      Never react to market chatter
      1314 41  -  ROY VARGHESE MONEY MATTERS Investors tempted to flee the US stock market, given the bad news coming out of America, might do well to reconsider THERE has been no dearth of sensational headlines relating to the financial world in the media over the past few
      Allianceßernstein, Bloomberg; Bloomberg; BLOOMBERG  -  1,314 words
    • Article, Illustration
      Rising gold may herald hard times
      1157 42 -AP Are investors who turn to the yellow metal losing faith in today's financial system? BULL markets are supposed to make investors feel good. But the latest surge in the price of gold has an aura of dread about it. The yellow metal is
      -AP; REUTERS  -  1,157 words
    • Article
      Will US dollar lose its dominance?
      909 43  -  MICHAEL SESIT And will the euro be the world's next premier currency? AS THE US dollar tumbles, concern is growing that its weakness may augur the end of the US currency's 62-year reign as the world's specie of choice for trade, financial transactions and
      909 words
    • Article, Illustration
      Optimistic about China equities
      1287 44 AMONG Asian equity funds, those invested in China and Greater China have posted runaway growth this year, raising the question of how sustaina--1 ble the returns might be. In the current year up to Nov 2, Lipper data show that China equity funds have returned an
      AP  -  1,287 words
    • Article
      MF Global seeks 'bite-sized' acquisitions in Asia
      566 44  -  GENEVIEVE CUA Broker sees growth in Asian demand for derivative-based products outpacing all other regions SOARING Asian demand for deriva-tive-based products is driving the growth of MF Global, a leading broker of exchange-listed futures and options. Kevin Davis, chief executive of MF Global,
      566 words
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      761 40 IwlwJ A\ or up co j j y p.ii. --Mmr w ii Inlaiaat rylya-snyvjn aii liiuo=> yf Finnusla 2aiia3 lU. ;\ii=jr(laiiiaiy, --5.5 >aaf3 liiya/tllyaa of yricu mw-iin-mia uf liia iliim-i-j yf iii-j iiad^i Cyin^anlaa viiih 3ari=t3-) 2. El EBl K| Offer Period: From 29 October 2007 to 30 November 2007
      761 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      142 41 As part of a leading global network, Fitch Ratings has 15 offices in Asia-Pacific and has assigned more than 1,800 ratings. These ratings cover 17 sovereigns, 415 banks, securities and finance companies, 53 insurance companies, 425 corporates, 188 CDOs, 305 ABS/MBS, 64 project finance and public finance entities. EXTENSIVE COVERAGE
      142 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      870 42 V K. fa I 4^k I I Date 14 November 07 (Wednesday) 12noon to 2.00pm 15 November 07 (Thursday) 7.00pm to 9.00pm I 17 November 07 (Saturday) 3.00pm to 5.00pm w"▼ I Venue #07-08, People's Park Centre (Chinatown MRT, Exit D) H (Access via lifts near OCBC) H Source: Bloomberg,
      870 words
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Page 43 Advertisements Column 1
      122 43 feME A ■KL Sustainability in Private Banking. flit wms& As a traditional Swiss private bank, Clariden Leu focuses on investments that produce returns over the long term. We apply the same far-sighted approach to the continual development of innovative investment products, tailoring our customized financial services to your exact requirements
      122 words
Page thumbnail Page 44
Page thumbnail Page 45
  • Investing 2007
    • Article, Illustration
      ASIA SHINES
      609 45  -  GENEVIEVE CUA r\ r\ "7 shall go down as a year when volatility staged a comeback. l\)\) I Thus far it has been a year marked by some stomach-churning spikes, thanks to uncertainty over the extent of the damage arising from sub-prime mortgage debt in the US. So
      Photo: STOCKXPERT I  -  609 words
    • Article, Illustration
      Property boom expected to continue
      1791 46 Robust economy, jobs growth, strong housing demand and en bloc sales proceeds are key drivers, say ku swee yoiug and zeiug zhem THE bullish sentiment in Singapore's residential market continued into 2007 from where it left off in 2006. In the first nine months of
      Savills Research & Consultancy  -  1,791 words
    • Article, Illustration
      Essential homework before taking loan
      1657 47 kevin lam discusses five key areas that your home loan banker would be looking very closely at THIS has been a special year for the property market. Not since the early 1990s has there been such euphoria about the property market long queues at property
      1,657 words
    • Article, Illustration
      Five virtues of a successful investor
      1641 48 lim meimg tat explains why volatility is not the long-term investor's concern IN THE current market, the old adage "what goes up must come down" could probably be updated. These days, what goes up not only comes down, but goes back up and then
      1,641 words
    • Article, Illustration
      Another bright year seen for STI
      843 50 Decisive steps taken in recent years to spur local economy is expected to lead Singapore to a multi-year growth cycle, says elwyim chain AS 2007 winds down, we review the performance of the Straits Times Index (STI). It has maintained its record-breaking run, defying
      ARTIST IMPRESSION  -  843 words
    • Article, Illustration
      Credit squeeze won't hit emerging markets
      1046 51 allam coniWAY and Nicholas field explain why emerging markets would be able to withstand any global contagion from the US housing market collapse THERE are now growing fears of global contagion from the US housing market collapse. Will emerging markets be able to withstand
      AFP  -  1,046 words
    • Article
      Understanding currency markets
      1272 52 k duker discusses the four main drivers of currency markets that investors need to follow closely: central bank behaviour, a nation's trade balance, commodity prices, and domestic equity market strength THE popularity of foreign exchange as an asset class continues to grow. Pension funds, institutional and retail
      1,272 words
    • Article, Illustration
      Brace for more market volatility
      1294 53 While global equity market is expected to remain on the uptrend, gold is an alternative investment choice for 2008, says deimimis khoo THIS has been a good if eventful year for most investors with many emerging markets making record highs. Europe and Asia ex Japan
      1,294 words
    • Article, Illustration
      Beyond the realm of stocks & bonds
      987 54 Beyond the realm of stocks bonds Alternative investments like private equity, hedge funds and real estate are now significant portfolio components, writes salmaim haider ALTERNATIVE investments, particularly hedge funds, are attracting growing interest from global institutional funds to high net worth and retail investors. Considering the volatility investors have seen
      Stockxpert  -  987 words
    • Article, Illustration
      Tactical asset allocation models cut risks
      883 55 arjuna iviahei\idrai\i examines the use of total return strategies as a way of riding out turbulent stock markets THE stock market boom that started back in 2003 is expected to continue in the medium term. However, an analysis of longer-term market cycles shows that
      AP  -  883 words
    • Article, Illustration
      Putting Asian markets in perspective
      1282 56 While valuations are no longer cheap, it is not difficult to find stable growth companies with good cash flows and yields, says tahi lyimim dah THIS has been a bountiful year for Asian equity markets, with Asian bourses scaling new peaks and regional economies enjoying
      BLOOMBERG  -  1,282 words
    • Article, Illustration
      ETFs, Zero Certs offer new investment opportunites
      591 56  -  DELVIN TAN INVESTORS who eschew the unfamiliar for the tried-and-tested needn't be intimidated by the array of new investment instruments out there. Some may make it easier to build a portfolio spread across sectors or countries. Here, we bring you up to speed
      591 words
    • Article, Illustration
      Time to redraw your retirement plan
      1268 58 Longer life expectancy and erosion of traditional pension schemes signal that retirees may outlive their assets, says kurtreiman RETIREMENTS are becoming ever longer and more costly. Pensioners need to save enough to fund a comfortable life and to ensure they can leave assets to
      United Nations Population Division 2002; :ÜBSWMR  -  1,268 words
    • Article, Illustration
      How much is enough for retirement?
      1610 58  -  TOI SEE JONG LIFE insurance is the cornerstone of sound financial planning to enable us and our loved ones to continue to enjoy a preferred standard of living through protection for longevity (living benefits), mortality (death benefits) and morbidity (sick or disability benefits). With
      FILE PHOTO  -  1,610 words
    • Article, Illustration
      Interest-only loans: the pros and cons
      1061 59 They make sense to short-term investors and individuals who are high income earners and in high tax brackets, says beim fok CONSUMERS are constantly bombarded with offers of loans, overdrafts, credit cards and instalment plans that promise instant gratification. We cannot avoid debt entirely,
      FILE PHOTO  -  1,061 words
    • Article, Illustration
      Still positive on Asian equities
      1436 60 Region will continue to expand at a respectable pace even if below-potential US growth extends into 2008, write jems lauschke and saiujit maitra DESPITE a credit crisis emanating from the US and fresh highs in oil prices, global stock markets have broken records again this
      Bloomberg, DBS Bank  -  1,436 words
  • Page 45 Advertisements
    • Advertisement
      Page 45 Advertisements Column 1
      132 45 IRI J m^P^^u Choose a world leader for a professional FX trading service. We offer tight spreads on all major FX pairs and a ff)Sl fi^QO S* I 8 huge range of exotics, plus CFDs on shares, indices and more. \^^J J I I U Spreads from 2 pips on
      132 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      30 45 CONTENTS: Property boom expected to continue page 2 Another bright year seen for STI page 6 Brace for more market volatility page 9 Putting Asian markets in perspective page 121
      30 words
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Lock icon Page 46 Advertisements Column 1
      65 46 1 m l/dl 4 I ti *Low mar 9'n requirement Wf ml Have the flexibility to trade Long or Short m W //yp B Longer holding period ™iw m ComPe"l"'t'vefees W JJKr I m 4T vm. Trade different markets with just ONE account 1250 North Bridge Road #06-00 I Raffles
      65 words
Page thumbnail Page 47
  • Page 47 Advertisements
    • Advertisement
      Lock icon Page 47 Advertisements Column 1
      98 47 Mk j—r —nm f? T' ■■>.:■■■■ > '"fIH HB:;i i.,1 Hwnw .;-->j^\^B r— 7T~- .i- A rr 7 7"" h ""^((8931 IHbil I■ "W N r ~7- ~~7:t^^' f x I'_ r~\ —'x" y~77 jT 'A, ''^HS^^bh v.■ >'iSince 1856, we have focused on bringing new perspectives to our clients.
      98 words
Page thumbnail Page 48
  • Page 48 Advertisements
    • Advertisement
      Lock icon Page 48 Advertisements Column 1
      167 48 LjLijPfJfciiß tvßrJ^^^P Jliy^^ nJHrJ ■v. v jUKkc "vi Pr T 7 vB warn. Kh v SrfJnSi Introducing SharePower+, a revolutionary share financing account offering up to 10X your monthly salary on demand. Are you seeking to boost your investment power? SharePower+ allows you to access 10X your monthly salary to
      167 words
Page thumbnail Page 49
  • Page 49 Advertisements
    • Advertisement
      Lock icon Page 49 Advertisements Column 1
      170 49 ft*.',-" V/ fS> ;<■ ■li'vhS B^g iTSffl fill /I f^?\ ft mn THE SINGAPORE GOLD STANDARD. Whatever the market cycle, CB Richard Ellis remains the standard in property consultancy for the financial sector. Long-standing partnerships with the world's leading financial institutions are built on trust, and this trust in CB
      170 words
Page thumbnail Page 50
  • Page 50 Advertisements
    • Advertisement
      Lock icon Page 50 Advertisements Column 1
      293 50 .flfjflp^l Want to invest ABN AMRO in rapid-growth i Strike sectors ar|d Participation J^ "ififlNfe i emer GMn9 markets? Certificates r V^ B E V Adaptability is key in the world of successful investment. W tc<^ Whether you are an experienced investor or a rookie, ABN AMRO's Zero Certs offer
      293 words
Page thumbnail Page 51
  • Page 51 Advertisements
    • Advertisement
      Lock icon Page 51 Advertisements Column 1
      570 51 At PhillipCapital, we partner 10 leading life insurance companies to give you the best of class experience and be your one-stop financial solutions provider. Our services include planning for income replacement, dependant protection, health and medical coverage, child's education, retirement and estate duty liability. You have worked hard to provide
      570 words
Page thumbnail Page 52
  • Page 52 Advertisements
    • Advertisement
      Lock icon Page 52 Advertisements Column 1
      278 52 Now that you are successful what's next? I**«* Talk to us. We represent 10 Life Insurers, 26 General Insurance companies and distribute over 380 Unit Trusts. We also carry many other innovative financial products such as Bonds, Managed Accounts, Hedge Funds, Shares, Futures, Forex and Commodities, etc. With our multi-product
      278 words
Page thumbnail Page 53
  • Page 53 Advertisements
    • Advertisement
      Lock icon Page 53 Advertisements Column 1
      555 53 Singapore or Hong Kong SAR? Enjoy the best of both! M t ttort HP" I™*«ai^ *1 i sS^^S p—** 4 aH s^M^^t EH Itata^^. i* J Bl^^B* i Jt-fl BnIII I9t H c.^B HB^f M i^^^^w With the Shenton Twin City Fund, you'll enjoy potentially good returns from both economies.
      555 words
Page thumbnail Page 54
  • Page 54 Advertisements
    • Advertisement
      Lock icon Page 54 Advertisements Column 1
      23 54 Ride the HIGH interest rate a Of up to| paV with RHB Foreign Currency Fixed Deposit H additional 0.10% p.a. Trio Current Account*
      23 words
    • Advertisement
      Lock icon Page 54 Advertisements Column 2
      35 54 Begin a new career lifestyle 4. that will give you the flexibility Land mobility that you will enjoy^^^^^^^^^ 250 North Bridge Road #06-00 HH Raffles City Tower Singapore *****1 llSPhillipCapital www.phillip.com.sg Your Partner In Finance
      35 words
Page thumbnail Page 55
  • Page 55 Advertisements
    • Advertisement
      Lock icon Page 55 Advertisements Column 1
      384 55 For more information on PRU Dragon Peacock Fund, please visit www.prudential.com.sg/unittrusts, call 6317 9618 or speak to our distribution partners today. Available at: fABNAMRO "El^Sjr Financial P te Ltd PEI \f£ fIRGXIS JP^C E3 #!Vl,,y b n lc Stag IWI II ill G^vflu...- l^j^u^-- Ct^^-^i-T 1800ABNAMRO "fIKSS 1800-MAYBANK (1800 226
      384 words
Page thumbnail Page 56
  • Page 56 Advertisements
    • Advertisement
      Lock icon Page 56 Advertisements Column 1
      20 56 250 North Bridge Road #07-01 WKKM Raffles City Tower Singapore *****1 Tel: 6538 0500 ■■PhlllipUapital www.phillipfutures.com.sg Your Partner In Finance
      20 words
Page thumbnail Page 57
  • Page 57 Advertisements
    • Advertisement
      Lock icon Page 57 Advertisements Column 1
      50 57 (^M BORNEO MOTORS (SINGAPORE) PTE LTD 33 LENG KEE ROAD SINGAPORE *****2. LEXUS SALES TEL: *****288/*****811/*****822/*****833. OPEN MON-SAT: BAM TO 7.30PM. (jQ L^=XLJS BOrneO MotOrS SUN: 10AM TO 6PM. LEXUS SERVICE CENTRE TEL: *****826/*****827. FAX: *****651. OPEN MON-FRI: BAM TO SPM. SAT: BAM TO 4.30PM. www.lexus.com.sg the Pursuit Of Perfection
      50 words
Page thumbnail Page 58
Page thumbnail Page 59
  • Page 59 Advertisements
    • Advertisement
      Lock icon Page 59 Advertisements Column 1
      709 59 H < -a Bl ■BVJ; "B in a^ cimb rmrW™*, fundsupermart__ ft^^ c L E EONC HSBC<X^ Tel: 1800 ABN AMRO Tel: 1800-HSBC NOW (226 2676) Tel: 1800-538 9889 www.dollardex.com Tel: 6220 5333 Tel: 6557 2853 (0457)1800-800 8000 (4722 669) *Jis-' QoCßCßank HphiiiipCapitai RI-RARANK Standard W ss- .—..ma..™. SSESl'iJinzs; "ISXSSIr^
      709 words
Page thumbnail Page 60
  • Page 60 Advertisements
    • Advertisement
      Lock icon Page 60 Advertisements Column 1
      351 60 ti Currency I I Savings Account I Simply set up a single online account and have 10 major currencies* at your fingertips! With HSBC's Multi Currency Savings Account, you have the choice of managing a single currency or multiple currencies*, in one single account all at attractive interest rates New
      351 words