The Business Times, 20 December 2007
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2007-12-20
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The Business Times
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Title Section23 2007-12-20 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg mm a Singapore press holdings publication coregnnoi9B4o2B6Be mica (p) 122/12/2007 Thursday, December 20,200723 words
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990 2007-12-20 1 CHOW PENN NEE - CHOW PENN NEE Asian economies still robust, trends such as privatisation, divestment, overseas expansion to continue [SINGAPORE] After a breathless year which started as if merger and acquisition (M&A) deals were on steroids, but ended as if they were in990 words
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Article, Illustration423 2007-12-20 1 KALPANA RASHIWALA - KALPANA RASHIWALA [SINGAPORE] It's December and Anson House is changing hands again for a much heftier price. GE Real Estate has sold it to a private property fund managed by Australia's Macquarie Bank for $129.5 million about 73 per cent423 words
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Page 1 Advertisements
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Advertisement12 2007-12-20 1 M*mmmm\m\ ___________H _H_______ _^__________o_________________J j^B^BHL-^^---?^---! ___k. _B ■__1 I*^ W g < "■-■■-712 words
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Page 1 Miscellaneous
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Miscellaneous47 2007-12-20 1 CLIMATE CHANGE BizlT MORGAN A^i f 4 SOUTH KOREA \aBH|L ICONFERENCE Businesses' key STANLEY Landslide win for sw\ if The way forward priorities in 2008 Q4 net loss of conservative cum Jm\ WL after Bali page 15 page 23 USs3.s9b page 10 page 10 ot^^V* W\ v47 words
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TOP STORIES
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Article, Illustration1046 2007-12-20 2 Bloomberg Policy risks, fallout from sub-prime crisis may hurt property developers in 2008 [SINGAPORE] Singapore's property companies may lag behind Asian real estate developers for a second straight year in 2008 as government limits on speculation cool the housing market. Capita Land Ltd, South-east– Bloomberg - 1,046 words
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535 2007-12-20 2 Bloomberg 93 institutions put in bids; 4.65% rate above expectations [WASHINGTON] The Federal Reserve lent US$2O billion in 28-day funds at a rate of 4.65 per cent in the first of four auctions planned by the central bank to increase the amount ofBloomberg - 535 words
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THREE-MINUTE DIGEST
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64 2007-12-20 2 RALPH Cioffi, the manager of Bear Steams hedge funds that invested in sub-prime mortgages, left the firm as US prosecutors investigate whether he withdrew his money from two funds before they collapsed in July. Mr Cioffi, 51, ceased to be an employee64 words
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67 2007-12-20 2 THE United States is exploring ways of forming a five-way free trade pact with New Zealand, Singapore, Brunei and Chile, New Zealand Trade Minister Phil Goff said yesterday. Mr Goff said the US was interested in expanding trade and economic links with the four countries,67 words
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60 2007-12-20 2 FABCHEM China, a maker of commercial explosive devices, is acquiring China ammonia nitrate manufacturer Hebei Yinguang Chemical for 24.1 million yuan (Ss4.B million). Hebei Yinguang produces ammonia nitrate a major raw material for explosives, and owns a manufacturing facility with a production capacity60 words
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75 2007-12-20 2 YONGNAM Holdings yesterday said its subsidiary Yongnam Engineering Construction (Pte) Ltd has secured a $100 million loan package which will aid the group in its regional expansion plans. Yongnam chief executive Scow Soon Yong said that some $45 million will be used for refinancing. Another75 words
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65 2007-12-20 2 THIS has been a record-breaking year for the industrial property market with rents and occupancy levels improving for all industrial space, CB Richard Ellis says. The year also saw the award of several business park sites, the launch of a fourth industrial real estate65 words
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79 2007-12-20 2 EUROPE'S economy may grow more slowly than forecast next year because of the turmoil in financial markets, the impact of oil prices and the euro's appreciation against the dollar, according to the European Commission. "In the euro area, there are already79 words
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47 2007-12-20 2 A UNIT of Dubai World has signed an agreement with Malaysia's UEM Land to jointly develop a premier 111-acre waterfront project with canal-front homes and high-end condominiums in Nusajaya in the Iskandar Development Region of Johor. MALAYSIA/INDONESIA, PAGE 847 words
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83 2007-12-20 2 MGM MIRAGE, the world's No 2 casino operator, opened a 600-room, Las Vegas-style resort in Macau on Tuesday, raising the stakes in a Chinese gambling haven increasingly crowded by global players. MGM was in talks with Dubai World, holder of close to83 words
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84 2007-12-20 2 SINCE consumer confidence is the most fickle of all economic factors, the retail trade is a good barometer for the health of an economy, writes Christopher Tang, CEO of Frasers Centrepoint Trust. For 2007, this barometer has been in the "extremely healthy" range. Sales84 words
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Article, Illustration606 2007-12-20 3 Bloomberg Probe into whether he withdrew money from 2 funds before their collapse in July [NEW YORK] Ralph Cioffi, the manager of Bear Steams Cos hedge funds that invested in sub-prime mortgages, left the firm as US prosecutors investigate whether he withdrew– Bloomberg; AP - 606 words
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380 2007-12-20 3 -AFP Washington seeks better links with NZ, Spore, Brunei, Chile [WELLINGTON] The United States is exploring ways of forming a five-way free trade pact with New Zealand, Singapore, Brunei and Chile, New Zealand Trade Minister Phil Goff said yesterday. Mr Goff said the US was-AFP - 380 words
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MARKETS DIGEST
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Article42 2007-12-20 3 1COMP 1,387.21 +1.76 IIKKEI 225 15,030.51 -177.35 IANG SENG 27,029.26 +296.39 ;et INDEX 804.98 -8.92 JAKARTA COMP 2,657.98 +11.75 1ANILACOMP 3,466.28 -3.93 ;eoulcomp Closed IHENZHEN B 676.82 +7.68 IUMBAI IND 19,091.96 +12.32 11AM EDT Change 13,268.07 +35.60 )OW IASDAQ 2,604.29 +8.2642 words
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Article30 2007-12-20 3 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.75 INDONESIA 15.200 TAIWAN 6.156 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 7.25 CANADA 6.00 SWITZERLAND 3.84 INDIA 12.75 Source: iBloomberg - 30 words
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Article41 2007-12-20 3 US$ (S$ ier US$) 1.460 (USS/SS per 2.013 2.939 EURO(US$/S$/E) 1.439 2.101 YEN 113.20 77.50 RM 3.354 2.297 HK$ 7.802 5.344 BAHT 33.67 23.06 RUPIAH 9,425 6,455 RENMINBI 7.382 5.056 INDIAN RUPEE 39.58 27.11 A$ 1.162 0.795 NZ$ 1.324 0.90741 words
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Page 2 Advertisements
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Advertisement606 2007-12-20 2 IN THE MATTER OF n,. rom^il^ r™ sn THE COMPANIES AO CAP 50 The c ™P°™> d M C °P 50 TU fJE-. I" the matter of IN THE MATTER OF EAGLE MONEY CHANGER PTE LTD MIC PACIFIC PTE. LTD. (Company No. *****8283H] MEMBERS' VOLUNTARY WINDING-UP (In Members' Voluntary Liquidation)606 words
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Advertisement117 2007-12-20 2 PULSES ON SALE! The investment magazine, Pulses, is now on sale at newsstands. Published by the Singapore Exchange and now produced by The Business Times, the relaunched issue is available at Buzz Pods, leading bookshops and selected newsstands at $5.50. But if you buy your copy from any Spinelli outlet,117 words
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Advertisement13 2007-12-20 2 PCOPlC Hunting season worlc has be 9un(Target: Private Bankers) www.thepeopleatwork.com Asia-Pacific Executive Search13 words
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Page 3 Advertisements
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Advertisement88 2007-12-20 3 Antonio Stradivari, 1720 jtti Jw- iM lii l Will -—"""J/ WtSy "j* wait. h. mxWm mmmm mm m\. mm mr^^a™*}*^ FJ BENJAMIN Exclusive Distributor and Service Centre Tel: +65 6737 3786 www.fjbenjamin.com Available at all authorised retailers: CORTINA WATCH ESPACE Millenia Walk Tel: 6339 1728 CORTINA WATCH Paragon Tel: 623588 words
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SINGAPORE MARKETS
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Article, Illustration588 2007-12-20 4 R SIVANITHY - R SIVANITHY STOCKS ST Index loses almost 12 points, broad market sees 272 declines against 175 rises THE Straits Times Index (STI) yesterday finished 11.97 points weaker at 3,357.34 in a nervous session that saw the broad market, excluding warrants, record 175 risesBloomberg - 588 words
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Article105 2007-12-20 4 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch lulti Ind 5 9 4 0 0 0 5 9 4 lanufacturing 49 93 46 12 10 11 61 103 57 Commerce 15 29 24 15 38 28 )t/Stor/Comms 11 19 11 20 11 :inance105 words
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Article118 2007-12-20 4 TURNOVER ('000] MAIN SDQ TOTAL MAIN VALUE C000) SDQ TOTAL Multi Ind 20,685 20,685 133,187 133,187 Manufacturing 332,296 28,265 360,561 314,847 5,959 320,806 Commerce 223,051 3,482 226,533 91,320 601 91,921 Tpt/Stor/Comms 77,720 445 78,165 230,295 439 230,734 Finance 35,951 35,951 340,657 340,657 Construction 28,924 8,149 37,073 10,563118 words
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Article226 2007-12-20 4 Stock name Wt Close Change Allgreen 0.46 1.490 Ascendasreit 0.89 2.380 +0.060 CapitaComm 0.51 2.430 +0.130 Capita Land 4.14 6.200 +0.100 CapitaMall 0.93 3.220 +0.060 Chart SemiCond 0.53 0.970 -0.040 CityDev 2.62 13.300 -0.400 ComfortDelGro 1.24 1.720 -0.040 Cosco Corp 1.88 5.550 +0.200 Creative Tech 0.17226 words
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Article946 2007-12-20 4 MATTHEW PHAN - MATTHEW PHAN Delong Holdings Dec 19 close: 552.03 Kelive Research, Dec 19 3Q07 results review: Delong reported 3Q07 results with a 63.7 per cent year-on-year growth in revenue to $399.3 million, but net profit was down 34.6 per cent year-on-year to $24.7 million. Primarily, the increases in average946 words
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Article, Illustration484 2007-12-20 4 AFP CURRENCIES [TOKYO] The dollar was steady in subdued Asian trade yesterday as the market monitored efforts by central banks to ease a credit crunch, dealers said. They said players were also waiting for a Japanese interest rate decision later in the week althoughAFP; I AFP - 484 words
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Article44 2007-12-20 4 CLOSE -1111.00-339.00 BT OB/OS BT CADI -*****.00 -96.00 BT 10-day MA -*****.00-111.00 All-SG Equities 930.35 -6.92 SG Equities Elect 101.12 +1.38 SG Equities Fin 2337.63 -10.40 SG Equities Prop 1277.66 -1.84 SIMSCI 407.61 -2.92 SIMSCI Futures 407.40 -3.80 PrimePartnersCI 226.43 -0.9844 words
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Article58 2007-12-20 4 VOLUME Diqiland 156,594,000 JES 91,275,000 Memstar 42,978,000 Thai Beverage 41,538,000 SinqTelSGAeCW*****7 35,613,000 China Honqxinq 30,463,000 DBS MBL eCW*****2 26,711,000 Abterra 25,278,000 UOB MBL eCW*****4 23,186,000 Capita Land 22,489,000 VALUE(S) Capita Land 139,982,470 DBS Grp 130,352,736 Keppel Corp 98,031,820 UOB 90,768,348 SingTel 79,277,080 SGX 63,274,000 JES 59,049,005 Cosco58 words
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Article102 2007-12-20 4 BY CENTS CLOSE UP GLD 10US$ 7910 146.0 1.3 HK Land 468 38.0 5.9 Venture Con 1260 30.0 2.4 JMH 2520 29.2 0.8 CIMBAsean40 100US$ 970 21.9 1.6 iosco Con 555 20.0 3.7 SGX 1280 20.0 1.6 STI ETF 100 3620 20.0 0.6 HLAsia 364 18.0 5.2 Creative Tech102 words
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Article121 2007-12-20 4 CLOSE DOWN Jardine C&C 1990 -60.0 -2.9 At 1330 -40.0 -2.9 Kei il Con 1230 -30.0 -2.4 S I A 1720 -30.0 -1.7 SPC 770 -30.0 -3.8 Stra itsAsM B LeCW***** 61 -27.0 -30.7 DBS Bk6% NCPS 10 ***** -20.0 -0.2 Great Eastern 1620 -20.0 -1.2 UOB 1900 -20.0121 words
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Article85 2007-12-20 4 lere an Dec 19 %CHNG CLOSE FR Dec 18 YR 2007 S$ LOW S$ HIGH USS 1.4611 -0.16 1.5479 1.4363 Euro 2.1012 -0.07 2.1639 1.9913 Pounds 2.9420 0.14 3.1194 2.9158 AS 1.2591 -0.26 1.3555 1.1741 Yen* 1.2913 -0.32 1.3821 1.2285 Rupiah* 0.***** 0.27 0.***** 0.***** Baht* 4.3414 -0.14 4.570085 words
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COMPANY NEWS
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Article664 2007-12-20 5 LYNETTE KHOO - LYNETTE KHOO MERGER and acquisition speculation has been hogging the headlines in the tech universe, with at least six M&As actually having taken place this year, including the latest move by British telecom company BT Group to buy Singapore IT firm Frontline Technologies664 words
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344 2007-12-20 5 MATTHEW PHAN ACQUISITIONS It'll pay 188 m yuan for 49% share; deal includes 30m yuan profit guarantee MINING and logistics firm Abterra yesterday signed a conditional agreement to buy 49 per cent of a Chinese coal mining company for 188 million344 words
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397 2007-12-20 5 OH BOON PING - OH BOON PING FABCHEM China, a maker of commercial explosive devices, is acquiring a China ammonia nitrate manufacturer for 24.1 million yuan (Ss4.B million). The acquisition will be through wholly owned subsidiary Shandong Yinguang Technology, which has agreed to buy397 words
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Article, Illustration364 2007-12-20 5 CHOW PENN NEE - CHOW PENN NEE By FROZEN food and icecream maker Youcan Foods International has agreed to buy 51 per cent of a Zhejiang-based packaging products company for 27.8 million yuan (555.5 million). Mainboard-listed Youcan proposes to buy the Yue Hai Group, comprising Yue Hai364 words
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503 2007-12-20 5 LYNETTE KHOO - LYNETTE KHOO New zipper to sell at 7 yuan/m, against 2.8 yuan/m average now CMZ Holdings, a Chinabased manufacturer of mid-market to high-end finished zippers for garments, says it has launched commercial production of an exquisite zipper used in high-end to luxury503 words
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345 2007-12-20 5 UMA SHANKARI - UMA SHANKARI YONGNAM Holdings yesterday said its subsidiary Yongnam Engineering Construction (Pte) Ltd has secured a $100 million loan package which will aid the group in its regional expansion plans. The loan follows a warrants issue announced last month. The structural steel fabricator and specialist345 words
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94 2007-12-20 5 DUBAI Drydocks World received by spm yesterday valid acceptances representing 91.23 per cent of all shares in Labroy Marine to acquire the latter, it said in an announcement after the market's close. The closing date for Dubai Drydocks' offer is Jan 4. However,94 words
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COMPANY BRIEFS
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66 2007-12-20 5 SINGAPORE Exchange has published a consultation paper inviting public comment on two proposals to enhance its enforcement framework for the derivatives market. The proposals seek to introduce: (i) a "composition fines" system to facilitate prompt and effective resolution of rule violations that66 words
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41 2007-12-20 5 SWIBER Holdings has secured a contract extension from Brunei Shell Petroleum Sdn Bhd, bringing its total estimated contract value with Shell to US$2OO million, up from the U*****.6 million at the first stage.41 words
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74 2007-12-20 5 UNI-ASIA Finance Corp said it will acquire two 33,300 dwt Handy Bulk ships, to be delivered in the first half of 2010 and 2011 respectively, for a total of 8.2 billion yen (Sslo6 million). It will also acquire 33 per cent74 words
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Article45 2007-12-20 5 EUCON Holdings said "lower demand for laser drilling" would adversely affect its fourth-quarter performance. But due to a one-off gain from the sale of a stake in subsidiary Shanghai Zhuo Kai, it expects to remain profitable for the full year.45 words
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29 2007-12-20 5 CENTRALAND, a China-based premium brand property developer, is seeking a mainboard listing and has lodged its preliminary prospectus with the Monetary Authority of Singapore.29 words
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SINGAPORE NEWS Record year for the industrial property market
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Article, Illustration458 2007-12-20 6 UMA SHANKARI - UMA SHANKARI Rents and occupancy levels improve for all industrial space in 2007: CBRE report PHIS has been a recordbreaking year for the industrial property market with rents and occupancy levels improving for all industrial space this year, CB Richard Ellis (CBRE) says: CB Richard Ellis - 458 words
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Article, Illustration334 2007-12-20 6 Call to explore flexible retirement age system HALF of Singapore workers do not want to stay on the job after the age of 60, according to a survey by The Nielsen Company. The market information firm suggests that because of this,FILE PHOTO - 334 words
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222 2007-12-20 6 PAYMENTS system Nets has been cleared by the Competition Commission of Singapore (CCS) of abusing its dominant market position. The commission said yesterday that it has closed its inquiry into the Network for Electronic Transfers Singapore Affinity Programme (AP) after finding that the scheme222 words
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258 2007-12-20 6 SINGAPOREANS are more likely than other Asians to party and dine out at Christmas but this lavishness means almost 60 per cent of them will blow their budget when it comes to Christmas presents, survey has found. The survey by258 words
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Article277 2007-12-20 6 PASSENGER car COE premiums bounced back yesterday after falling in two straight tenders as some popular Japanese models managed to attract buying interest. In the year's final tender for certificates of entitlement, both the small and big car categories posted relatively significant increases after buyers277 words
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NEWS ROUNDUP
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Article83 2007-12-20 6 BANKS will open only to 11.30 am on Monday, Dec 31, New Year's Eve. Customers should deposit cheques early. Cheques deposited on Friday, Dec 28 before 3.30pm will clear after 2pm on Monday, Dec 31. Cheques deposited between 3.30pm on Friday, Dec 28 and before83 words
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67 2007-12-20 6 NTUC Fair Price is responding to the rising prices of many goods and services with a "Stretch Your Dollar" scheme which it says will save shoppers 5 per cent on their grocery bills. The scheme, starting today, applies to more than 500 Fair Price house-brand67 words
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318 2007-12-20 6 THE ageing population in Asian countries represents a business opportunity, and more multinational companies are beginning to realise and do something about it, according to a recent survey by Spire Research and Consulting, which conducts market entry and growth studies. Of318 words
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Page 6 Advertisements
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Advertisement84 2007-12-20 6 I u|P A TRIBUTE TO OUR PIONEERS I Q:Whidi S'porean founding father learnt Latin Japanese? MM Lee Kuan Yew I-BE) They are our founding fathers. /k EHS Know all of them? M),, Learn more about the 10 political pioneers ]X WtWsm\ who nriade a difference to all our lives. M,84 words
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ECONOMY WATCH
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Article, Illustration472 2007-12-20 7 Bloomberg It cites financial market turmoil, oil price hikes, euro's appreciation [LONDON] Europe's economy may grow more slowly than forecast next year because of the turmoil in financial markets, the impact of oil prices and the euro's appreciation against the– Bloomberg; BLOOMBERG FILE PHOTO - 472 words
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Article, Illustration481 2007-12-20 7 -AP.AFP [NEW DELHI] A likely economic slowdown in the United States may hurt India's exports and inflow of investment, although the country's broader economy is doing well, Prime Minister Manmohan Singh said yesterday. "There are worries that the growth of the US and other-AP.AFP - 481 words
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434 2007-12-20 7 Reuters [MANILA] A lucrative asset sale boosted the Philippines' November budget surplus to a whopping 54.1 billion pesos (551.89 billion), putting it on track for a possible balanced budget this year, data showed on Tuesday. Finance Secretary Margarito Teves said that the Philippines might balance– Reuters - 434 words
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590 2007-12-20 7 Bloomberg Govt should take restrained stance IMF, World Bank [HANOI] Overseas demand for Vietnamese bonds poses a risk to the country's "prudent" debt policy, according to an International Monetary Fund (IMF) and World Bank report. Vietnam's government is preparing to sell its second USBloomberg - 590 words
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Article, Illustration614 2007-12-20 7 Bloomberg [KUALA LUMPUR] Malaysia's inflation accelerated at the quickest pace in nine months in November on food and tobacco prices, reducing the likelihood of the central bank cutting borrowing costs to spur growth. Consumer prices rose 2.3 per cent from– Bloomberg; AFP - 614 words
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MALAYSIA/INDONESIA
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540 2007-12-20 8 PAULINE NG - PAULINE NG 111-acre project is in the Residential North precinct of Puteri Harbour A UNIT of Dubai World has signed an agreement with Malaysia's UEM Land to jointly develop a premier waterfront real estate project with canal-front homes and high-end condominiums in540 words
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Article, Illustration621 2007-12-20 8 Reuters [SINGAPORE] Tonnes of palm oil fruits turned rotten in Malaysia after deadly floods caused by days of heavy rain wreaked havoc on the country's plantations, disrupting harvests and transport to refiners. Elsewhere, monsoon rains disrupted rubber tapping in Thailand but coffee basked in– Reuters; AFP - 621 words
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454 2007-12-20 8 LAUREL TEO - LAUREL TEO A decision on their separate appeals is expected in 30 days SINGAPORE Technologies Telemedia (STT), Sing Tel and its wholly owned subsidiary Sing Tel Mobile yesterday each filed appeals against their convictions for breaching Indonesian competition law. A decision is expected454 words
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242 2007-12-20 8 Reuters [KUALA LUMPUR] Malaysia will set up panels of mediators across the country from early next year to try to calm racial disputes before they spin out of control, a newspaper reported yesterday. After 50 years of independence, race relations remain a thorny– Reuters - 242 words
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Article2299 2007-12-20 8 )ec19 RM COOO) \&M Realty 0.92 \bricBhd 0.27 \dvance Synergy 0.31 \dventa Bhd 1.40 \eMulti Hldgs 0.29 \ffin Holdings 2.44 \htnad Zaki Resou 2.98 \ic Corp 0.76 \irasia Bhd 1.66 \kn Technology 0.63 \llianceFinanci 3.04 \luminium Co 1.20 \malgamated Ind 0.48 \minvestment Grp 3.66 \mmb Hldgs Bhd 3.602,299 words
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Page 8 Advertisements
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Advertisement18 2007-12-20 8 Lianhe Zaobao I 2007 -A year that sees I Spore and Chinq I economic trade ties 2007* MHUIT*18 words
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GREATER CHINA/INDIA
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Article, Illustration683 2007-12-20 9 Reuters MGM is in talks with Dubai World to extend their ties in Macau into China [MACAU] MGM Mirage, the world's No 2 casino operator, opened a 600-room, Las Vegas-style resort in Macau on Tuesday, raising the stakes in a Chinese gambling– Reuters; REUTERS - 683 words
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410 2007-12-20 9 Bloomberg [MUMBAI] Bharat Heavy Electricals Ltd's bid to build an 84.3 billion rupee (Ss3.l billion) electricity-genera-tion factory was rejected, the second such cancellation in a year for India's biggest power-equipment maker. Bharat Heavy was the sole bidder to set up two 800-megawatt unitsBloomberg - 410 words
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Article, Illustration446 2007-12-20 9 Bloomberg Report may prompt EU to step up push for stronger yuan [PARIS] China became the euro area's biggest supplier, overtaking the UK and adding urgency to Europe's campaign for a stronger Chinese currency. Chinese products totalling 123.7 billion euros (Ss26o billion)– Bloomberg; m AFP - 446 words
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617 2007-12-20 9 Reuters [SHANGHAI] China's money market rates and bond yields generally fell yesterday because of improving liquidity, as retail funds locked up by China Pacific Insurance's initial public offer (IPO) returned to investors. But yields on financial bonds by policy– Reuters - 617 words
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485 2007-12-20 9 -Xinhua [BEIJING] China announced on Tuesday the setting up of a national oil reserve centre, the top economic planning agency confirmed. China started a state strategic oil reserve base programme in 2004 as a way to offset oil-Xinhua - 485 words
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ASIA-PACIFIC/WORLD
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498 2007-12-20 10 Keuters, Bloomberg It sells USssb stake to China Investment Corp to bolster its capital [NEW YORK] Morgan Stanley yesterday posted a stunning fourth-quarter loss after recording a big-ger-than-expected US$9.4 billion of write-downs and said that it sold a US$5 billion stake to– Keuters, Bloomberg - 498 words
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Article, Illustration622 2007-12-20 10 -AFP Lee Myung Bak will be first leader with business background SEOUL] A former tycoon who promises to reinvigorite South Korea's economy md take a tougher line with North Korea won a andslide presidential eleclon victory yesterday. The two closest rivals to Lee Myung-AFP; AP - 622 words
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Article, Illustration315 2007-12-20 10 -AP, Bloomberg [BRUSSELS] European Union regulators on Tuesday ordered MasterCard to drop cross-border card fees within six months or face huge daily fines. The European Commission said that MasterCard's multilateral interchange fees charged on payments customers make in another country with either their MasterCard credit-AP,; Bloomberg; AP - 315 words
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388 2007-12-20 10 Reuters [BANGKOK] After two years of political upheaval and post-coup policy bungles, most Thais and foreign investors hope Sunday's general election will signal the end of a period of disappointing economic growth. But with polls and most analysts pointing towards, at best, a weak– Reuters - 388 words
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267 2007-12-20 10 Bloomberg [HONG KONG] SCMP Group Ltd, publisher of Hong Kong's South China Morning Post newspaper, said it received a HK52.37 billion (*****.8 miUion) buyout offer from parent Kerry Group, as the company's shares hover near historic lows. Kerry, owned by billionaire– Bloomberg - 267 words
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513 2007-12-20 10 Bloomberg [TOKYO] Nippon Steel Corp, the world's second-biggest steelmaker, and two Japanese rivals will spend 260 billion yen (553.4 billion) buying stakes in each other to bolster takeover defences and strengthen a production alliance. The purchases will roughlyBloomberg - 513 words
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WORLD
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699 2007-12-20 11 -AP rhe number of people who are losing their lomes has reached ecord levels [WASHINGTON] The Federal Reserve proposed new regulations on Tuesday to clean up a broad array of deceptive mortgage lending practices, a move that represents the central bank's most significant response-AP - 699 words
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Article, Illustration553 2007-12-20 11 Reuters [NEW YORK] A rare 710-year-old copy of the Magna Carta, among the most important historical documents ever to hit the auction block, was sold for US$2l.3 million on Tuesday here at Sotheby's. The document was bought by a Washington businessman who saidReuters; REUTERS - 553 words
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405 2007-12-20 11 -AP Inflation, cooling global economy also affecting growth [BRUSSELS] Europe's large companies are bearing the brunt of tighter credit conditions, the European Union executive said on Tuesday. The European Commission refused to judge the full impact on the economy of financial market-AP - 405 words
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726 2007-12-20 11 NYT Turmoil at ACA Capital has been evident for months [NEW YORK] Officials from Merrill Lynch, Bear Steams and other major banks are in talks to bail out a struggling bond insurance company that has guaranteed US$26 billion in mortgage securities, according toNYT - 726 words
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AVIATION
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Article, Illustration639 2007-12-20 12 -AP Plan set to limit the number of departures and arrivals at JFK, Newark Liberty airports [WASHINGTON] Controlling the number of flights during peak periods at three New York City-area airports is one of the measures the federal government-AP; AP - 639 words
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379 2007-12-20 12 Xinhua - Xinhua [JAKARTA] The Indonesian government has linked open sky policy negotiations with the EU to the bloc's ban on Indonesian airplanes, effectively grounding the negotiations for the present, local press said yesterday. Transportation Minister Jusman Syafii Djamal has said that a decision379 words
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Article, Illustration309 2007-12-20 12 [KUALA LUMPUR] Air Asia Bhd and sister airline Air sia X will both begin flights to India in late 2008, Air sia chief executive officer Tony Fernandes said. Air Asia will service cities in southern India, while its long-haul affiliate will fly309 words
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258 2007-12-20 12 Bloomberg [SINGAPORE] Orient Thai Airlines Ltd, whose budget airline unit had a crash this year, will order 20 Boeing aircraft, valued at about US$2.5 billion, to modernise its fleet. The company expects to place the order next April for eight Boeing– Bloomberg - 258 words
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Article2412 2007-12-20 12 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW),BG E. S „_l.,f h Airlines (BBC), Bl Royal Ba Airlines 7dn Bhd ~PE:-; Airlines (SOU), BR EVAAirways2,412 words
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Page 12 Miscellaneous
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Miscellaneous388 2007-12-20 12 CRYPTIC CROSSWORD ACROSS I Violent mama's birched the no] R j R l 14 [5 1 [g m servants (12) __H 9 Old sort of sign, nothing in H$ it portending evil (7) T mW 10 Fish ceremony attended by a small number (7) U^m II Involving fingers maybe but388 words
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SHIPPING/TRANSPORT
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702 2007-12-20 13 Bloomberg Shortage of vessels available for charter in region could last for another month [NEW YORK] The rate to transport oil from the Caribbean on Aframax ships advanced to more than a three-year high amid a regional shortage of ships available forBloomberg - 702 words
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Article, Illustration436 2007-12-20 13 Bloomberg [KARACHI] An express train packed with holiday travellers derailed in southern Pakistan, killing at least 50 people and injuring about 200 in the nation's worst rail disaster in more than two years. The train was travelling from the port cityBloomberg; AP - 436 words
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242 2007-12-20 13 -AP Cosco Busan clean-up fees set to cross US$6l m cap [WASHINGTON] Clean-up costs for last month's oil spill in San Francisco Bay are on track to exceed the US$6l million federal insurance liability limit, the US Coast Guard said on Tuesday. As-AP - 242 words
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Article138 2007-12-20 13 Bloomberg [MOSCOW] OAO Russian Railways plans to build a US$lOO million container terminal in North Korea as the world's largest rail company tries to create a land transport corridor linking Asia to Europe. State-run Russian Railways wants to turn the North Korean port of– Bloomberg - 138 words
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TRANSPORT STOCKS
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Article107 2007-12-20 13 '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 0.80 0.39 5.55 1.16 3.10 1.23107 words
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Article36 2007-12-20 13 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.17 10.10 9.70 4.42 2.93 0.23 0.18 unch 0.10 unch -0.02 unch -0.02 -0.01 16) 1171 2101 165' 1! 1! 10!36 words
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Article12 2007-12-20 13 '00 'recious Ship Regional Cont 28.00 28.75 0.50 -0.25 2027 17112 words
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Article21 2007-12-20 13 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 44.00 2.20 unch unch unch unch unch 4351 so: 203]21 words
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Article21 2007-12-20 13 Evergreen Marine ...26.60 :irst Steamship 60.90 /Van Hai Lines 26.95 t'ang Ming Marine ..22.80 1.70 3.90 0.95 1.25 1. 1'21 words
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Article35 2007-12-20 13 '000 :awasakiHvylnd...322.00 6.00 2622: :awasaki Kisen ....1109.00 -18.00 76K /litsubishi Hvy 472.00 -5.00 2507} /litsui Eng&Sbldg ..419.00 -6.00 ***** /litsui Osk Lines ..1416.00 -33.00 1259: lippon Express 573.00 -8.00 421! lipponYusen 887.00 -12.00 475135 words
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Page 13 Advertisements
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Advertisement35 2007-12-20 13 DECEMBER ISSUE r GET YOURS NOW- _J _L___l j ■Bp^l jg.W.yj.iVrv^^fTM mXfflZffjftjlSnflm ■■■H BHpjil rSBj ||1 T M_Jl yy piiiMfl |a Hato3 Legendary II IjiW— BJ' ill Edition, Give aUBSIII- ;§l Wm\ Kmm RFC |rwjg35 words
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Advertisement43 2007-12-20 13 RffllpH^HSffißSß I'^^ffiJlSKl IPfl^J 0 ISSSyifJU -s. Mar \*fW ML Jfl JL I __I<^yB _______Cm! H^^^^^^^^^^^^hl fc *>'■ I I HI iM Mmrmm I I^^^Jl _HL___________________l WJ^Rfj^^sF^Ju]? Ll V W Jj Jf j Jp fflsctS.__k>' mr¥ztgrrT m lfet\& Wi B H W*mßm WmWM [JjJJJTgjMj HKEJH43 words
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Advertisement85 2007-12-20 13 W^^^^^^^^^^^ ZAP BID FROHOMLYSIO! LONGINES -__-_-i^«_- r ---i __l___, p>«_-r .•'0 IV Reference m L 3.649.4.56.6 Jl Longines Hydro Conquest Recommended Retail Price: $2,030 onci.7%GST) -Mens Diving Watch. Water Resistant up to 300 m. Screwed Back Case and Crown. Fitted with L 633 Automatic Movement Power reserve of 38 hours85 words
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Advertisement32 2007-12-20 13 millllllUJl _l_ —3 mm .EPSON MM_ M 690 CX9-OOF CXB3OQ CX5500 exceed youn vision iS^^X I£l22»^^nl\fl!fc 1 tfiQ^ A CftM^ o*m*m** %AXbt \\«i _A ITI T__\_4%\ \£^mmM&^* \j 2 tSSST**' tjß,I**^ WWW.RAOIO9I3.COM32 words
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EDITORIAL & OPINION
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449 2007-12-20 14 AS American voters prepare to choose the Democratic and Republican candidates who would face each other in the 2008 presidential election, pollsters are pointing to the growing isolationist, protectionist and even xenophobic sentiment around the country that could have an impact on the policies embraced449 words
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Article, Illustration958 2007-12-20 14 JONATHAN WEIL - Greenspan 's conviction a sub-prime factor? JONATHAN WEIL Inaction may stem from his view of reputation as a built-in safeguard of free enterprise I HY did Alan Greenspan fail to act while the roots of the sub-prime mortgage crisis spread? Here's one possible explanation: The Ayn Rand disciple held fastREUTERS - 958 words
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Article, Illustration838 2007-12-20 14 ANTHONY ROWLEY - ANTHONY ROWLEY THE BOTTOM LINE SOMETIMES, one despairs of the chances of Asia ever really being able to get its act together. What prompts this gloomy observation is not so much end-of-the-year blues as the continuing manifestations of political and diplomatic fragmentation838 words
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Article, Illustration922 2007-12-20 15 PHILIP STEVENS The relationship between climate and disease is less marked than is often claimed IT seems that polar bears and penguins are not the only victims of global warming. As climate talks wrapped up in Bali last, we heard from the World Health OrganizationAP - 922 words
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Article, Illustration878 2007-12-20 15 G PANICKER - G PANICKER AS MEETINGS on global issues go, the UN Climate Change Conference in Bali was not that different. There was cacophony aplenty and some dramatic moments, but fewer specific commitments. But the Bali compromise begins to make sense when we regard it as theREUTERS - 878 words
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Article, Illustration794 2007-12-20 15 WILLIAM PESEK JR - WILLIAM PESEK JR YASUO Fukuda doesn't wear a green tunic and matching felt hat. That hasn't stopped Japan's prime minister from fashioning himself as a modern-day Robin Hood. Mr Fukuda is taking a page from the English folk hero famous for robbing from794 words
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SINGAPORE STOCKS
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Article8631 2007-12-20 16 Transaction date: Dec 19 ligh »-wks Tel Low Code Company Sale (*OOO) High ■ow Buyer Seller C'vr P/E Smil 2.5 2 5716 1st Software 22 8 3148 8Telecom 34 15.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF 30 15.5 1938 AEICorp 21 13 1100 AEM 428,631 words
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Article71 2007-12-20 16 _Hii Low Code Comi Sale COOP] _Hii Low Bui Seller C'vr 3. P/E 6m il 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 3983 2940 6235 STI ETF 100 3977.9 2962.971 words
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Article2124 2007-12-20 16 52-Wk Tel High Low Code Lasl Sale Vol COOP] Day Last Quote Div GrYld Net MCa| Low Buyer Seller C'vr P/E $mi Comi Hi, 30 11.5 1181 s AAGrp 41.5 20 5000 s ABR Hldgs 31 21.5 8538 s APStrategic 16.5 2.5 1501 s Advanced System 70.5 152,124 words
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Article255 2007-12-20 16 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer255 words
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FINANCE & COMMODITIES
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362 2007-12-20 17 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Dec 18 World Index Preliminan 1111.4 -0.1 1.0 -0.4 -0.5 0.0 4.6 EAFE Preliminan 1099.7 -0.1 -0.7 -0.3 0.5 0.0 5.7 Euri Preliminary 1511.9 -0.1 1.2 -0.3 2.7 0.1 8.0 Pacific 944.5362 words
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Article126 2007-12-20 17 As at 9am Dec 19 of foreign currency: Currencies Bid Offer Aust dollar 1.2480 1.2630 Can dollar 1.4410 1.4590 Euro 2.0890 2.1130 NZ dollar 1.0920 1.1150 jterlin mnd 2.9200 2.9530 US dollar 1.4490 1.4660 Local dollars to 100 units of foreign currency: Currencies Bid Offer Chi126 words
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Article159 2007-12-20 17 Dec 19 fer Overnight 1/2 1-month 2 5/16 2-months 2 1/2 3-months 2 9/16 Overnight mode: 1/2 1/4 2 3/16 2 3/8 2 7/16 US$ Offer Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.40 5.10 5.10 5.10 4.90 4.70159 words
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Article22 2007-12-20 17 Dec 19 STI SIMSCI Dec 412 416.2 407.4 Taiwan Dec 306.4 316.8 315.8 Source: MF Global (S) Pte. Ltd22 words
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Article21 2007-12-20 17 Dec 19 Bid Offer 1-month 1.4562 1.4574 2-months 1.4532 1.4544 3-months 1.4507 1.452 6-months 1.4446 1.446 Source: OCBC21 words
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Article158 2007-12-20 17 Dec 19 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2563 1.2579 0.8607 0.8612 Canadian dollar 1.4480 1.4499 0.9921 0.9927 Euro 2.0999 2.1017 1.4387 1.4389 NZ dollar 1.1026 1.1035 0.7554 0.7555 jterlim ind 2.9376 2.9400 2.0126 2.0129158 words
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Article351 2007-12-20 17 Dec 19 EURODOLLAR FUTURES Mar08 Jun08 Sep08 Dec08 95.670 96.085 96.325 96.425 0 0 0 0 ***** ***** 6688 2592 EUROYEN FUTURES Mar08 99.250 99.300B Jun08 99.280 99.305 Sep08 99.255 99.275 Dec08 99.200 99.230 Mar09 99.175 99.175 Jun09 99.120B Sep09 99.060B Dec09 99.250 99.280 99.255 99.200 99.175351 words
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Article281 2007-12-20 17 Dec 19 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Jan 08 Feb 08 Mar 08 Apr/Jun 08 Jul/Sep 08 Oct/Dec 08 372.00 377.00 380.25 386.00 388.50 390.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)281 words
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Article104 2007-12-20 17 Dec IS SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 08 1149.75 1156.75 1156.00 1146.50 Mar 08 1168.50 1176.00 1174.50 1165.00 May 08 1183.50 1189.50 1189.00 1179.50 Jul 08 1185.50 1191.25 1190.00 1182.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 08 46.21 46.17 46.32104 words
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Article74 2007-12-20 17 CRUDE OIL PRODUCTS Dec 18 origin) USS/barrel Close Cham Brent blend (1-Mth F) 90.79 0.28 WTI (Near Mth) 90.15 -0.58 Dubai (1-Mth F) 86.69 0.61 Tapis blend 95.75 0.55 Minas 94.55 0.55 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 94.65 110.05 -1.85 -0.9 USS/barrel Opec Oil Basket Price74 words
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Article468 2007-12-20 17 Dec 19 AS CS Rrnb Euro HKS Ind Rs Ru| Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.868 6.356 0.598 6.717 34.076 81.145 0.975 8.089 2.887 1.140 52.359 35.979 1.257 5.941 0.995 27.989 28.984 0.428 0.861 Canada 1.153 7.326468 words
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Article89 2007-12-20 17 Dec 19 Period Issue code Maturity Yesterday's Bid Hi, Day's [li Low 3-Month BQ*****V 20.03.08 1-Year BY*****A 29.09.08 1.90 1.93 1.88 1.88 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High 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-Year89 words
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Article76 2007-12-20 17 Dec 19 (US$) (SS) 4.***** 2.***** 1 mth 2 mths 4.***** 2.***** 3 mths 4.***** 2.***** 6 mths 4.***** 2.***** 9 mths 4.***** 2.***** 12 mths 4.***** 2.***** SWAP Offer rates (S$) 1 mth 2.***** 2mths 2.***** 3mths 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** SWAP76 words
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Article62 2007-12-20 17 Dec 19 Delivery Month Opening Range Sett Av Price Price Hi, Low Vol Open Done Position Jan 08 2936 2946 2967 2936 632 5736 Feb 08 2944 2958 2978 2944 2352 ***** Mar 08 2950 2962 2982 2946 4042 ***** Apr 08 2947 2962 2979 2947 456 241362 words
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Article133 2007-12-20 17 Dec 19 /oz) tec tec Hong Kong London 793.00 800.00 794.00 801.00 Dec ,7 Dec 18 793.80 800.70 794.50 801.50 Source: Reuters CAST BAR (SS) Dec 19 Buying Sellin, Kilobar "40,266.24" ***** PAMP GOLD BARS (SS) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 oz133 words
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Article70 2007-12-20 17 Dec 18 Aluminium, 99.7% purity (US$/tonne) Close Previoui Cash 2359.20 2355.80 3 months 2411.00 2410.00 Copper, Grade A (US$/tonne) Cash 3 months 6323.80 6380.00 6326.50 6381.00 Lead (US$/tonne) Cash 2458.50 3 months 2450.00 2433.00 2420.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 370 words
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Article82 2007-12-20 17 Dec 18 (£/tonne) Close Prev Hi, ih/Low Mar 08 1079 1064 1085/1058 May 08 1095 1081 1100/1078 Jul 08 1120 1108 1126/1105 Sep 08 1109 1098 1109/1093 COFFEE (USS/tonne) Close Pev High/Low Jan 08 1875 1863 1880/1860 Mar 08 1904 1894 1911/1890 May 08 1922 1908 1926/1906 Jul 0882 words
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Article1980 2007-12-20 17 BONDS WARRANTS Tel Code Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left #ArianeCorp Ltd W*****9 3 0.5 10 1 5 24 8798 Ascendas REIT SGA ECW*****3 11 1.5 303 1 248 3 9092 Asia Environment W*****4 41 -3 1 1 381,980 words
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Advertisement3628 2007-12-20 18 The Business Times Shipping times m\ KPP mmam SHB WAN HAI INTERNATIONAL PTE LTD CR NO: **********0/R W^mmm] —A.^ AW %JBi iaMmmmlMMWnaxWSmM mm 111%. -I TEL *****588 (14 LINES) FAX: *****163 1 mt m^Tt^W I TT^^^^l ■gKSQISj MUgS&Z&E I V\\M I WAN HAI INpX OBlwnar Sennce/Bookpiigs Direct Line-(1800) *****200 __^^^____^^J3,628 words
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Advertisement3566 2007-12-20 19 ~^~j p^s^ _n 19 _n _h n *spi^ rcir^r^o^ v O^HJ^C <$ v Bgff||fl B___!_l BIS tfllfl WEEKLY EXPRESS SAILING SCHEDULE l^^^g^^^^^^g^^^^g^^^g^^^g^^^^g^^^g^^^g^^^g^^^g^^l ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS N F^UJ_HBZ^p] V alfil IVESSEL I VOY I PKL I SIN I KHI I DXB I BAB I DMM3,566 words
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Advertisement4159 2007-12-20 20 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SlNDestjnName Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name4,159 words
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PROPERTY
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550 2007-12-20 21 CHRISTOPHER TANG Increased volatility in Reit prices will attract more investors in 2008 SINCE consumer confidence is the most fickle of all economic factors, the retail trade is a good barometer for the health of an economy. For 2007, this barometer550 words
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269 2007-12-20 21 Reuters [LONDON] The British real estate industry is in danger of talking up a deeper market correction than is warranted, Robert Peto, chairman of property services firm DTZ said on Tuesday. "Clearly, we are in the middle of a massive readjustment," Mr Peto said,– Reuters - 269 words
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341 2007-12-20 21 Bloomberg [NEW YORK] Mortgage applications in the US fell last week by the most since 2004 as a jump in interest rates caused purchases and refinancing to decline, a private survey showed. The Mortgage Bankers Association's index decreased 20 per cent to 653.8 from– Bloomberg - 341 words
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Article7850 2007-12-20 21 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 1.012/ Star Europe Bond 1.197/ Star Europe Bal 1.219/ Star Asian Tiger Eqty 1.634/ Star Asia Bond 1.261/ Star Asia Balanced 1.059/ Star Global Technology Fund!" 0.231/ Multi St Fd 0.936/ Star Asia Bond(USD) 0.864/ Gib Multi St USD7,850 words
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572 2007-12-20 22 Reuters Business model, project locations, land bank among factors cited [HONG KONG] Moody's Investors Services has affirmed the Baa 3 issuer and bond ratings of Shimao Property Holdings Ltd. The ratings outlook remains stable. "Shimao Property's Baa 3 rating is based on its– Reuters - 572 words
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Advertisement31 2007-12-20 21 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 *****7169Z31 words
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Advertisement37 2007-12-20 21 For Lease Office: 764 to ***** sqft (whole floor) Outside CBD/ Free Shuttle Bus Service to MRT Station Panoramic city/ sea view Broadband enabled/ SCV Service available Ample carparking space Hong Fok Group Tel: 6390 2425/6292 818137 words
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Page 22 Advertisements
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Advertisement907 2007-12-20 22 SALE +H free tiles with minimum purchase 1 an archiculture showroom... stylish european tiles tropical living stonel 66engwattst01-06 [historical tiong bahru] www.rice-fields.com 6227 3456 I IBM enblocsalT I I STILL ROAD (STILL MANSION) •Freehold jljl 1""""" -SiteArea23l7.6sqm ■■HHHHHH -Plot Ratio 1.4 (5 Storeys) Hm_U__u£___B Existing 30 units jflKI Only for907 words
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BizlT
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Article, Illustration912 2007-12-20 23 Other trends next year are botnets and two-factor authentication, reports ONG BOON KIAT PREVENTING the leakage of sensitive data and bolstering mobile security will be key priorities for businesses in 2008, according to several security vendors. Data leakage is a long-standing problem that912 words
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Article, Illustration397 2007-12-20 23 WINSTON CHAI - WINSTON CHAI New technology lets it offer 'lossless', good-quality tracks SOUNDBUZZ is hoping to break new ground in online music sales by reaching out to a target group which has traditionally shied away from buying music through the Internet. The company has partnered with397 words
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Article, Illustration160 2007-12-20 23 -AFP [TOKYO] A Japanese company on Tuesday unveiled a new device that will allow people to "speak" through their ear so that they can use their mobile telephones in noisy places. The device named "e-Mimi-kun" (good ear boy) doubles as-AFP - 160 words
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Article, Illustration790 2007-12-20 23 WINSTON CHAI - WINSTON CHAI Social networking has dominated Web traffic FROM its early roots as information portals, websites are becoming increasingly interactive and industry analysts believe 2007 marks the year when they made a major leap into the era of Web 2.0.790 words
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BizlT FOCUS
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Article, Illustration664 2007-12-20 24 ONG BOON KIAT - ONG BOON KIAT SECURITY AT WORK New biometric technologies and government mandates are giving this technology a lift FOR some, having their eyes scanned by a beam of light, even though harmless, is a scary thought. For others, placing a finger on a pad664 words
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459 2007-12-20 24 ONG BOON KIAT - ONG BOON KIAT SINGAPORE organisations are getting better at integrating security with risk management, and are more positive in their outlook on security, according to the latest annual study by Ernst Young. Its 10th Global Information Security Survey noted that more Singapore organisations have459 words
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Article202 2007-12-20 24 Question: Can fingerprint readers be spoofed? What alternative biometrics are available to reduce the possibility of spoofing? Answer: The simple answer is yes, fingerprint readers can be spoofed. A famous example is a test conducted by Tsutomu Matsumoto, an engineering professor from the University of202 words
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Advertisement144 2007-12-20 24 HcSjt "**t t^^B i^^fi^ Br t2*B Bear At Hitachi, our philosophy is to contribute to society with technologies to overcome today's challenges. That's why we've made it our responsibility to develop inspiring innovations to touch every aspect of life for the present and the future. We move people safely with144 words
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