The Business Times, 3 January 2008

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Total Pages: 30
1 30 The Business Times
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  • Title Section
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    23 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asia 1 .com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Thursday, January 3,2008
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  • Article, Illustration
    Lock icon Home prices feel pull of gravity after 31 % rise
    921 1  - Home prices feel pull of gravity after 31 rise UMA SHANKARI Q4 tempers spectacular growth of 2007; mass market may shine this year By [SINGAPORE] Private home prices rose 31.0 per cent in 2007 the biggest year-on-year jump since 1999 despite a slowdown in the fourth quarter caused by the
    URA  -  921 words
  • Article
    Lock icon Air China's 'spoiler' signals cloud SIA's China deal
    811 1  -  YEN SREENIVASAN Some speculate that Air China may make counteroffer for China Eastern By [SINGAPORE] Is it just brinkmanship? Or does it signal the unwinding of a deal which could have seen Singapore Airlines (SIA) establish a firm toehold in the huge
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      1 1 8"*****l"*****4'
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      62 1 BizlT PROPERTY ASEAN SEX VIDEO f Unified Comms market W** 'm Back lane in Balestier Economic disparities Malaysian minister w to grow 25% this year > w up for sale can be an advantage resigns j^ PAGE 29 J k PAGE 28 PAGE 21 PAGE 12 Ifc .^H B I
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  • TOP STORIES
    • Article, Illustration
      Lock icon Economy may rebound after sharp year-end dip
      729 2  -  ANNA TEO Flash GDP estimates confirm Q4 wobble; coming quarter may be different By [SINGAPORE] Following its sharp slowdown towards the end of 2007, the Singapore economy could well stage a strong rebound in the first quarter this year, say the more upbeat
      729 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Board must have known of Wee's dealings, claims BNPP
        68 2 IT is not possible to conceal or defer losses from dealing in financial derivatives given Singapore's accounting rules, says BNP Paribas. It also claims that it had openly reported its dealings with SembMarine's former finance head Wee Sing Guan and these
        68 words
      • Article
        Lock icon Private banks still upbeat on 2008
        74 2 LOSSES suffered by banking giants over sub-prime writedowns have not dampened the ambitious growth plans of their private banking divisions in Singapore. Private banks here are upbeat on 2008, saying the wealth management pie will continue to grow strongly in this part of the
        74 words
      • Article
        Lock icon Warrant turnover may double again this year: SG exec
        77 2 TURNOVER in the local warrant market almost doubled last year to a record $28.2 billion. And this year it could hit a whopping $60 billion. If turnover in the underlying market rises 50 per cent and warrant-to-market turnover rises from the
        77 words
      • Article
        Lock icon Two property investment opportunities in the offing
        82 2 THE site of Changi Hotel, on Changi Road, is being offered for development with an asking price of $55 million. The 26,433 sq ft site has a plot ratio of 3.0 and can be redeveloped with a maximum gross floor area of 79,299
        82 words
      • Article
        Lock icon US economy – waiting for the other shoe to drop
        69 2 US economy waiting for the other shoe to drop FOR months, the American economy has been assailed by a wave of troubling news, from plunging housing prices to the soaring cost of oil, provoking gloomy talk of a possible recession. Yet so far the economy has found a way to
        69 words
      • Article
        Lock icon Telekom M'sia gains in wake of AT&T news
        57 2 TELEKOM Malaysia Bhd rose the most in a week yesterday following a report that AT&T is considering buying a stake in its wireless unit. AT&T has expressed its interest in recent months in purchasing a stake in Telekom unit TM International Sdn,
        57 words
      • Article
        Lock icon China's bid to curb investments faces hurdle
        66 2 CHINA'S efforts to curb its red hot economy are under threat from a batch of eager new leaders at the regional level keen to splash out on investment projects, the China Daily said yesterday. The government has just appointed top officials in major
        66 words
      • Article
        Lock icon Back lane in Balestier area put up for auction
        79 2 THE Official Receiver is auctioning off a back lane at Jalan Bunga Raya in the Balestier Road/Irrawaddy Road area. The freehold strip of land, with an area of 3,331 sq ft, is behind a row of seven terrace houses which are
        79 words
    • Article
      Lock icon Land price hits a high at Johor's Iskandar region
      468 2  -  S JAYASANKARAN Analysts see positive effect of rise on companies' shares By in Kuala Lumpur LAND prices in the Iskandar Development Region (IDR) continue to spurt, with a transaction done last week at RMSO (5521.7) per square foot (psf), compared with
      468 words
    • Article, Illustration
      Lock icon Board must have known of Wee's dealings, claims BNPP
      862 3  -  CONRAD RAJ SembMarine's expert says Wee used position to go beyond hedging By [SINGAPORE] It is not possible to conceal or defer losses from dealing in financial derivatives given Singapore's accounting rules, says BNP Paribas (BNPP). It also claims that it
      862 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        45 3 KLCOMP 1,435.68 -9.35 NIKKEI 225 15,307.78 -256.91 HANG SENG 27,560.52 -252.13 SET INDEX 842.97 -15.13 JAKARTA COMP 2,731.51 -14.32 MANILA COMP 3,617.29 -4.31 SEOUL COMP 1,853.45 -43.68 SHENZHEN B 716.32 +6.63 MUMBAI IND 20,465.30 +164.59 11AM EDT Change 13,148.25 -116.57 DOW NASDAQ 2,631.12 -21.16
        45 words
      • Article
        Lock icon PRIME RATES
        29 3 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.75 INDONESIA 15.553 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 7.25 CANADA 6.00 SWITZERLAND 3.86 INDIA 12.75 Source
        Bloomberg  -  29 words
      • Article
        Lock icon FOREX
        42 3 US$ (S$ ier US$) 1.441 (USS/SS ii 1.981 2.854 EURO' ;us$/s$/e; 1.465 2.111 YEN 111.70 77.50 RM 3.311 2.298 HK$ 7.812 5.421 BAHT 33.605 23.32 RUPIAH 9,387 6,515 RENMINBI 7.295 5.062 INDIAN RUPEE 39.42 27.35 A$ 1.137 0.789 NZ$ 1.296 0.900
        42 words
    • Article, Illustration
      Lock icon Private banks still upbeat on 2008
      1321 4 FOCUS: PRIVATE BANKING Sub-prime woes have not changed their expansion plans in this part of the world, private bankers tell CHOW PENN NEE LOSSES suffered by banking giants over sub-prime writedowns have not dampened the ambitious growth plans of their private banking divisions in
      FILE PHOTO  -  1,321 words
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      482 2 Registration/ Enquiries SEMINAR WORKSHOP 2008 T7mk, Employee Remuneration Reporting Fax: 6532 7662 Email: karin.fong@sg.ey.com Date: 22 January 2008 Time: 9:ooam to s:oopm vi&intimii&attaaw Registration closes on Venue: Raffles City Convention Centre, Collyer Room, 2 Stamford Rd, Singapore *****2 18 January 2008 x What are the general tax principles Objectives Address
      482 words
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      41 2 people t No mountain WOrK high enough. www.thepeopleatwork.com Asia-Pacific Executive Search GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email noticesd>sph.com.sg. I MATS I I NOTICES X]
      41 words
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  • Page 3 Advertisements
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      138 3 —iw. SAVE TAX Our qualified professionals W/m~L _tf can assist you with offshore PI -a J structures, shelf companies and incorporations in ALL jurisdictions including: > n^j| T^f British Virgin Islands P^U^^^^^l Cayman Islands Bahamas Seychelles I Hongkong Samoa Full nominee, management, secretarial, banking and corporate I administration services are
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      91 3 ssb ss^l r" Wt? > HH WW WW i^KilL^^^AjiialAfllJAi^^Ulii^Ulllki^H //->-J— j J J —J //J j J J -✓J J A ~2J ~U j✓ ~U —i J J -_J -iZJ ~U IB S3 B oHI I ■fMinHHnVSSBnHVHH J J <-/J j J J .^J J i^i ~i J 1-1. r._j
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Wall St expectations drag prices lower
      583 6  -  R SIVANITHY STOCKS The main index movers which had propped the index up last week, such as Sing Tel and SGX, all weakened IT was not a particularly notable start to 2008 yesterday as the Straits Times Index (STI), which had been win-dow-dressed to
      Bloomberg  -  583 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      96 6 Up Down Unch Up Down Unch Up Down Unch lulti Ind 2 114 0 0 0 2 114 lanufacturing 48 85 55 10 12 15 58 97 70 Commerce 21 26 22 28 31 27 )t/Stor/Comms 10 19 12 12 19 12 :inance 13 14 Construction 13
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      122 6 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 8.444 8,444 46.879 46.879 Manufacturing 398.335 42.267 440.602 335.557 9.937 345.494 Commerce 124.657 2.409 127.066 56.819 434 57.253 Tpt/Stor/Comms 96.098 2.475 98.573 250.948 1.073 252.021 Finance 26.910 10 26.920 208.886 2 208.888 Construction 94.487 14.650
      122 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      219 6 Jlgreen 0.44 1.480 -0.010 \scendasreit 0.85 2.360 -0.100 lapitaComm 0.49 2.410 -0.030 :a pita Land 4.05 6.250 -0.020 lapitaMall 0.96 3.450 -0.010 :hart SemiCond 0.51 0.965 :ityDev 2.69 14.100 -0.100 lomfortDelGro 1.26 1.800 -0.030 losco Corp 1.84 5.590 -0.190 Creative Tech 0.16 6.380 +0.050 DBS Grp
      219 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      909 6  -  MATTHEW PHAN Pan Hong Property Group Jan 2 close: 50.84 OCBC INVESTMENT RESEARCH, Jan 2 PANNING out well in China's lower tier cities. Riding on the emergence of Tier 2 and Tier 3 cities. We visited a few of Pan Hong Property Group Limited's (Pan Hong) upcoming sites
      Bloomberg  -  909 words
    • Article, Illustration
      Lock icon Yuan piles on gains, pound big loser
      510 6  -  LARRY WEE CURRENCIES THE British pound slumped anew yesterday after volatile gains in year-end trading on Monday this week. Yen carry trades also suffered a relapse following Monday's Wall Street losses, but the Chinese yuan continued to record fresh gains in the first
      Reuters  -  510 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
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    • Article, Illustration
      Lock icon UOB CATALIST INDEX
      3 6
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      48 6 Jan 2 CLOSE VALUE 20.00 -4.00 BT OB/OS BT CADI -*****.00-131.00 BT 10-day MA -*****.00 +2.00 All-SG Equities 963.43 -6.27 SG Equities Elect 102.37 +0.49 SG Equities Fin 2386.39 -15.48 SG Equities Prop 1313.27 -11.99 SIMSCI 421.31 -2.64 SIMSCI Futures 422.60 -2.70 PrimePartnersCI 235.02 -6.18
      48 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      55 6 VOLUME JES 105,076,000 JiutianC 42,540,000 Biosensors 34,878,000 Chip EnqSenq 33,763,000 Diqiland 33,343,000 DBS DB eCW*****3 30,837,000 STXPOKWIOO 30,189,000 CapitalanDßeCWoBo6l6A 30,152,000 Ban Joo 24,773,000 Mercator 24,685,000 VALUE(S) STXPOKWIOO 107,781,070 JES 83,288,290 DBS Grp 63,440,000 OCBC Bk 52,343,800 Capita Land 52,128,330 UOB 51,914,780 SingTel 43,662,300 Yanqzijianq 38,785,340 Keppel Corp
      55 words
    • Article
      Lock icon RISES
      107 6 CLOSE UP 992 53.3 3.9 ISMSCI India 100 JMH 2800 43.2 1.1 ChinaRailDBeCW*****6 108 31.0 40.3 JSH 1590 28.8 1.3 Shani iLa Asia 2520 22.1 5.0 Jardine C&C 2202 22.0 1.0 iood| W*****6 68 18.0 36.0 Mei lani SDS 51.5 15.0 41.1 Stra itsAsM B LeCW***** 75 14.0 23.0
      107 words
    • Article
      Lock icon FALLS
      119 6 BY CENTS CLOSE DOWN China H 10US$ 2030 -60.5 -2.0 STI ETF 100 3675 -24.0 -0.6 STXPOKW100 340 -24.0 -6.6 UOB 1968 -22.0 -1.1 STI ETF IOPV 3548 -21.2 -0.6 Cosco Con 559 -19.0 -3.3 MCL Land 206 -19.0 -8.4 S I A 1720 -18.0 -1.0 SGX 1324 -18.0
      119 words
    • Article
      Lock icon CURRENCIES
      86 6 Where S$ stands lan 2 CHNG CLOSE FR Dec 31 YR 2008/07 S$ LOW S$ HIGH USS 1.4398 -0.16 1.5479 1.4363 Euro 2.1102 0.45 2.1639 1.9913 Pounds 2.8576 0.51 3.1194 2.9158 AS 1.2670 -0.07 1.3555 1.1741 Yen* 1.2904 -0.50 1.3821 1.2285 Rupiah* 0.***** 0.16 0.***** 0.***** Baht* 4.2864 -0.46
      86 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Warrant turnover may double again in 2008
      510 7  -  R SIVANITHY Volume doubled to record $28.2b last year and could hit $60b this year By TURNOVER in the local warrant market almost doubled last year to a record $28.2 billion. And this year it could hit a whopping $60 billion. If turnover
      FILE PHOTO  -  510 words
    • Article
      Lock icon DBS to name new CEO this quarter
      384 7  -  CHOW PENN NEE Jackson Tai to stay on board of The Islamic Bank of Asia By DBS Group Holdings is set to name its new chief executive officer this quarter. "We will make announcements on a new CEO in the first quarter of
      384 words
    • Article
      Lock icon SATS sells courier hub to DHL for $38m
      349 7  -  YEN SREENIVASAN By SINGAPORE Airport Terminal Services (SATS) has sold its SATS Express Courier Centre Two (ECC2) to DHL Express (Singapore) for $38 million. The price is a premium to the $35 million open-market valuation of ECC2 as at end-2007 and its
      349 words
    • Article
      Lock icon ICIL shareholders urged to okay delisting plan
      562 7  -  LYNETTE KHOO By MINORITY shareholders of International Capital Investment Ltd (ICIL), the former Jurong Engineering, have been urged to vote in favour of a delisting proposal from Oei Hong Leong Foundation (OHLF) at an extraordinary general meeting to be held on Jan 22.
      562 words
    • COMPANY BRIEFS
      • Article
        Lock icon US$1.27b, 20-vessel deals for Yangzijiang
        78 7 YANGZIJIANG Shipbuilding Holdings said that it secured shipbuilding contracts for 20 vessels worth a total contract value of about US$l.27 billion last month. The new contracts are to be delivered before July 2012, and will not have a significant impact on the earnings of the
        78 words
      • Article
        Lock icon SGX rejects Auston's M2B takeover proposal
        48 7 THE Singapore Exchange (SGX) has told Auston International Group that its proposed reverse takeover deal involving the acquisition of M2B World Asia Pacific is "not acceptable". Auston, which disclosed this yesterday, said it intends to continue exploring alternative investment opportunities with M2B.
        48 words
    • Article, Illustration
      Lock icon Chip Eng Seng signs Vietnam deals
      440 8  -  CHEW XIANG Property group in joint deals to develop two residential projects By on a 7,000-square-metre site in Ho Chi Minh City's District 2. Chip Eng Seng said that its stake in VL will rise to 49 per cent this year. The total development
      FILE PHOTO  -  440 words
    • Article
      Lock icon Raffles Education proposes one-to-two stock split
      194 8 RAFFLES Education Corporation has proposed a stock split. The education provider told the Singapore Exchange (SGX) yesterday it plans to divide each of its issued shares into two. "The sub-division will increase the affordability, accessibility and liquidity of the shares of the company available
      194 words
    • Article
      Lock icon Samko IPO in late Jan
      65 8 Reuters INDONESIAN timber producer Samko Timber plans to launch a US$l25 million initial public offering in Singapore late this month, a banking source said yesterday. It will sell 240 million vendor shares, and if the IPO generates a strong response, it may sell another 36
      – Reuters  -  65 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7695 8 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 1.042/ Star Europe Bond 1.213/ Star Europe Bal 1.243/ Star Asian Tiger Eqty 1.664/ Star Asia Bond 1.255/ Star Asia Balanced 1.058/ Star Global Technology Fund!" 0.235/ Multi St Fd 0.917/ Star Asia Bond(USD 0.868/ Gib Multi St USD
      7,695 words
  • Page 7 Advertisements
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      84 7 v* ■ArfffyiTrTjjffrjrw j ft lf^^\l 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 C* Jr"§ M"*!"" Loss °f productivity as a result of virus or spam
      84 words
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      9 7 SBHESr sjl«*l^^^SEi jgi j i^nifT 1 ]S"i" •BBS?"*"'" v
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      40 8 A HEALTHY PORTFOLIO NEEDS A BALANCED DIET /f^N ■^c£^'>;?",'v%;'i;^^ SSSK. or a PersP ective on how balancing your portfolio can help you deal with market '.'>''■ '*%s<&■*'',* 'Srfi^£&:f'J' "^^^^^^^^«©SH SSk volatility, speak to your financial advisor or visit www.franklintempleton.com.sg. FRANKLIN TEMPLETON
      40 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Two property investment opportunities in the offing
      331 9  -  ARTHUR SIM Changi Hotel site going for $55m, Geylang shophouse devt priced at $36m By THE site of Changi Hotel, on Changi Road, is being offered for redevelopment with an asking price of $55 million. The 26,433 square foot site has a plot
      331 words
    • Article
      Lock icon Yellow Pages ready with new growth plan
      410 9  -  CHOW PENN NEE By YELLOW Pages yesterday announced that it would introduce new print products, build up its digital platform and seek out acquisition targets as part of a new medium-term growth plan. Yellow Pages' chairman Victor Ang said that with the completion
      410 words
    • Article
      Lock icon Rental flats for needy to be allocated from this month
      293 9  -  NISHA RAMCHANDANI By A TOTAL of 2,194 rental flats will be added to the public housing supply by early 2010 to help the needy, in a move first announced in November 2006. The first batch of newly converted flats consisting
      293 words
    • Article, Illustration
      Lock icon High rentals don't worry some MNCs
      374 10  -  ARTHUR SIM They are still expanding their premises: C&W report By RISING office rents may have forced some businesses to adopt a wait-and-see approach on expansion here but others are expanding anyway. A report by Cushman Wakefield (C&W) reveals that key leasing transactions in
      FILE PHOTO  -  374 words
    • Article, Illustration
      Lock icon ARA Asia Dragon Fund completes second closing
      360 10 ARA Asset Management Ltd, an affiliate of the Cheung Kong Group, has announced the second closing of its flagship private real estate fund, the ARA Asia Dragon Fund. The second closing, on Dec 30, secured an additional U*****.8 million in committed capital to
      360 words
    • Article
      Lock icon Singaporeans least weight-obsessed in global survey
      322 10  -  TAN SEO YEAN By SINGAPOREANS appear to be the most carefree about their weight with 37 per cent never getting on the scales while the most weight-conscious people are the French and Americans, according to a recent survey by leading global market research firm
      322 words
  • Page 9 Advertisements
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      641 9 Organised by: Supported by: TSAS M\ Institute of South Asian Studies Confederation of Indian Industry ]Ty[sVTTs\"l'AKT I llT ic<; "The Politics of Change: A Ringside View" m by Mr N. K. Singh, J fitk^fl Former Secretary to the Prime Minister of India, and B^j Deputy Chairman, Bihar Planning Board, India
      641 words
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  • Page 10 Advertisements
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      1800 10 lUEC MFS TECHNOLOGY LTD (Company Registration No. *****9562R) Solutions Provider (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of the Company will be held at 22 Tuas Avenue 8, Singapore *****7 on Monday, 21 January 2008, at 11.30 a.m. for the following
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      616 10 In the matter of THE COMPANIES ACT (CAP 501 IN THE WATT 6* OF Ht^UMrWNjtSM.I k_/u/.ou| THE COMPANIES Aa, CHAPTER 50 In the matter of IN THE MATTED OF F.Y. CHIN CONSTRUCTION PTE LTD CO FCO (SINGAPORE) PTE LTD Company Registration No: *****0598 D (Co Reg N<J i99 6 (x>245Z)
      616 words
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  • ECONOMY WATCH
    • Article
      Lock icon US economy – waiting for the other shoe to drop
      756 11 US economy waiting for the other shoe to drop -NYT With forces building up, some economists expect a verdict soon [NEW YORK] For months, the American economy has been assailed by a wave of troubling news, from plunging housing prices to the soaring cost of oil, provoking gloomy talk of
      -NYT  -  756 words
    • Article, Illustration
      Lock icon Equity slide rings up bargains in phone stocks
      622 11 Bloomberg Stocks are hitting some of their lowest valuations [NEW YORK] The steepest year-end slump in global stocks since 2000 left equities with the cheapest valuations in more than 30 years as inflation accelerated and the US economy showed signs of slowing.
      Bloomberg; BLOOMBERG  -  622 words
    • Article
      Lock icon Australian manufacturing powers ahead
      324 11 Bloomberg [SYDNEY] Australian manufacturing expanded at the fastest pace in more than five years in December, buoyed by consumer and business spending. The performance of manufacturing index gained 3.8 points to 57.6 from November, PricewaterhouseCoopers and the Australian Industry Group said in a report released in
      – Bloomberg  -  324 words
    • Article
      Lock icon South Korea's next leader sees stronger growth this year
      428 11 Reuters [SEOUL] South Korea's new government will boost economic growth by an additional percentage point this year, a member of Presi-dent-elect Lee Myung Bak's transition team said yesterday. Mr Lee, who will be inaugurated on Feb 25, won the presidential election
      – Reuters  -  428 words
    • Article
      Lock icon Soya is a bean that Goldman loves
      612 11 Bloomberg Rising wealth from Shanghai to Sao Paulo strains supply [LONDON] Selling soya beans at their highest prices in three decades and corn while it flirts with the 1996 peak is a money-los-ing trade, according to Goldman Sachs Group Inc and Deutsche Bank
      Bloomberg  -  612 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Telekom M'sia gains in wake of AT&T news
      378 12 Bloomberg US company is said to be considering buying a stake in Telekom unit TM International [KUALA LUMPUR] Telekom Malaysia Bhd, South-east Asia's second-big-gest telephone operator, rose the most in a week in Kuala Lumpur trading following a report that AT&T Inc
      – Bloomberg  -  378 words
    • Article, Illustration
      Lock icon Minister in sex video resigns government, party posts
      525 12  -  S JAYASANKARAN Partner in the DVD 'a personal friend', he says By in Kuala Lumpur MALAYSIAN Health Minister Chua Soi Lek yesterday resigned all his positions in the federal government, his party and his parliamentary seat in Johor after confessing on Tuesday
      AFP  -  525 words
    • Article
      Lock icon Proton's future rests with new model
      504 12  -  PAULINE NG It's the first to be launched since end of talks with VW By in Kuala Lumpur SALES of a new model to be launched officially this month by Malaysian car company Proton Holdings will be scrutinised for clues to the company's viability
      504 words
    • Article
      Lock icon Global slowdown would be limited in Indonesia: Yudhoyono
      257 12 -AFP [JAKARTA] Any global economic slowdown would have a limited impact on Indonesia's growth this year, President Susilo Bambang Yudhoyono said yesterday. Mr Yudhoyono told a gathering at the Indonesian Stock Exchange on the first trading day of the year that the
      -AFP  -  257 words
    • Article
      Lock icon Loans for Maxis buyout below maximum sought
      245 12 Bloomberg [KUALA LUMPUR] T Ananda Krishnan, Malaysia's second-richest man, is borrowing US$l.2 billion to help fund the buyout of Maxis Communications Bhd, 20 per cent less than the maximum sought, according to Lim Ghee Keong, group treasurer of an investment company controlled by
      – Bloomberg  -  245 words
    • Article
      Lock icon BURSA MALAYSIA
      2302 12 Ian 2 RM C000) \&M Realty 0.87 s,bricBhd 0.27 \dvance Synergy 0.20 \dventa Bhd 1.48 \eMulti Hldgs 0.30 Win Holdings 2.56 \hmad Zaki Resou 1.76 s,icCorp 0.81 5,irasia Bhd 1.63 \kn Technology 0.61 \lliance Financi 3.06 \luminium Co 1.25 \malgamated Ind 0.54 \minvestment Grp ....unch (mmb Hldgs Bhd
      2,302 words
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  • SINGAPORE INTERNATIONAL
    • Article
      Lock icon Time for a slice of the medical equipment market
      1027 13 Singapore EPE firms are well placed for a share of the US and European pie, notes CHUANG PECK MING IT'S timely now to take on the American and European markets for medical equipment and International Enterprise Singapore, the government agency pushing
      1,027 words
    • Article, Illustration
      Lock icon Keeping in touch with the latest technology
      433 13 SEMICONDUCTOR company ASTI wants more than just money from its sales in the US and Europe. A presence in these markets will also keep the Singapore Exchange-listed company in tune with the latest technology and products, including those in the medical equipment field
      433 words
    • Article, Illustration
      Lock icon Mid-size companies are the best bet
      356 13 SINGAPORE contract electronics manufacturers should target mid-size firms if they want to break into the American and European markets for medical devices, says Tony Kwong, chief executive of Manufacturing Integration Technology (MIT). "They offer the best opportunities to Singapore companies which have the resources
      356 words
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      192 13 ll* sssssr 1 The Business Times SINGAPORE Singapore Singapore International a weekly industry-focused series brought to you by IE Singapore and The Business Times. IE Singapore is an agency under the Ministry of Trade and Industry promoting overseas growth of Singapore-based enterprises and international trade. www.iesingapore.com Need to identify new
      192 words
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  • GREATER CHINA
    • Article
      Lock icon Govt bid to curb investments faces hurdle
      296 14 -AFP New local leaders with history of big spending may launch projects to spur growth [BEIJING] China's efforts to curb its red hot economy are under threat from a batch of eager new leaders at the regional level keen to splash out on
      -AFP  -  296 words
    • Article
      Lock icon Yuan breaks through 7.30 to hit new high
      427 14 Xinhua Rise seen helping China reduce huge trade surplus with US [BEIJING] China's currency, the yuan, hit a new high against the US dollar on Wednesday, breaking the 7.30 mark to reach a central parity rate of 7.2996 yuan to one dollar.
      – Xinhua  -  427 words
    • Article
      Lock icon Think tank predicts another year of double-digit growth
      245 14 -AFP [SHANGHAI] China's economy is likely to see its sixth consecutive year of dou-ble-digit growth in 2008, with inflation remaining near 10-year highs, state media said yesterday, citing an influential think tank. The gross domestic product is expected to grow 10.8 per
      -AFP  -  245 words
    • Article, Illustration
      Lock icon THINKING ABOUT THE GAMES
      90 14 AFP IT'S COLD this time of the year in Harbin in China's north-eastern Heilongjiang province. In quiet contemplation at the International Snow Sculpture Art Expo here on New Year's Day is this ice sculpture of Auguste Rodin's famous work, The Thinker. With the draw of the
      AFP  -  90 words
    • Article
      Lock icon China introduces cleaner fuel standards in Beijing
      262 14 Reuters [BEIJING] China has introduced cleaner fuel standards in its capital Beijing, its latest effort to curb the city's notorious pollution ahead of the Olympic Games in August. Under the new standards, retailers will be required to supply gasoline and diesel equivalent to
      – Reuters  -  262 words
    • Article
      Lock icon Chinese spinster frightens suitors...
      1118 14 -AP [BEIJING] Consider the tale of the jilted husband who exacted his revenge after his wife ran off: He charged into the shop that gave her a makeover and broke the beautician's fingers. Or the diner who speared his tongue with a hook while eating a
      -AP  -  1,118 words
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  • INDIA
    • Article
      Lock icon Indian-style education now a social fad in Japan
      809 15 -AP The boom is making many Japanese more tolerant towards other Asians [MITAKA, Japan] Despite an improved economy, Japan is suffering from a crisis of confidence these days about its ability to compete with its emerging Asian rivals, China and India. One
      -AP  -  809 words
    • Article
      Lock icon India Inc's top execs get kidnapping insurance
      413 15  -  SIDDHARTH SRIVASTAVA Companies providing them policies as India joins global top 10 in abduction incidents By in New Delhi INDIA Inc is handing out kidnapping insurance to its top employees located in high-growth hubs such as Hyderabad, Bangalore and Delhi suburbs Gurgaon and
      413 words
    • Article
      Lock icon Reliance Power plans mega share offering
      208 15 Bloomberg [NEW DELHI] Indian billionaire Anil Ambani's Reliance Power Ltd plans to raise as much as 117 billion rupees (554.28 billion) in the nation's biggest initial public offering (IPO), three people familiar with the offer said. Reliance Power, a generating unit of India's sec-ond-largest
      – Bloomberg  -  208 words
  • Page 15 Advertisements
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      37 15 yT [WARNING RADIO HEART WKRZ /!\|ARKI>KAnHI| Singapore's only ii [mi VFAR UE 111 DDE 111 uriii ■■■■oin anc' Jewe"ery annual NEW CHOICE. TUNE IN NOW! ENJOY THE DIFFERENCE. j^^ rfflijijjHik Vft jjV 1^ bVL Hi WWW.RADIO9I3.COM MMHWmIhM
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      Lock icon Page 15 Advertisements Column 2
      92 15 Zap the code below and stand a chance to win a free pass to St. James I Power Station on sth January 2008. What's more, each pass admits three of your friends on the same day plus a complimentary bottle of Greepoint Brut. Only 25 free passess available for this
      92 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Thai stocks slide as foreign investors pull out funds
      626 16  -  OUR CORRESPONDENT In December alone they sold more than 15.7 billion baht worth of shares By in Bangkok THAILAND'S equity markets took a beating yesterday on their first day of trading in the new year in line with other regional markets
      AFP  -  626 words
    • Article
      Lock icon Oil price rises above US$98 on Nigerian violence
      283 16 Reuters [LONDON] Oil surged more than US$2 a barrel yesterday as renewed violence in oil exporter Nigeria and expectations of further declines in US crude stocks revived worries of tightening supplies. Suspected militant attacks on Tuesday in Nigeria's oil city Port Harcourt
      – Reuters  -  283 words
    • Article
      Lock icon Santander takeover hopes boost A&L shares
      487 16 Reuters UK bank still deemed cheap, however, at half its 2007 peak [LONDON/MADRID] Shares in British mortgage bank Alliance Leicester (A&L) jumped over 15 per cent yesterday after news that it had held tentative takeover talks with Spain's Santander last month. A&L, one of
      – Reuters  -  487 words
    • Article, Illustration
      Lock icon Kuwait eyes US investments: paper
      334 16 Reuters [KUWAIT] Kuwait is eyeing investments in the United States in the wake of the sub-prime credit crisis, particularly in financial services, the Financial Times quoted the head of the Gulf state's investment authority as saying. "Perhaps we are at the eye of the storm
      – Reuters; BLOOMBERG  -  334 words
    • Article
      Lock icon Pakistan election postponed to Feb 18
      369 16 -Reuters [ISLAMABAD] Pakistan's general election was postponed yesterday by six weeks until mid-February due to the violence sparked by the assassination of Benazir Bhutto, despite the objection of the two main opposition parties. "In all the four provinces, for some days this election process
      -Reuters  -  369 words
    • Article
      Lock icon Manufacturing index falls to 47.7 in Dec
      354 16 Bloomberg, AP LATEST US DATA [NEW YORK] Manufacturing in the US unexpectedly contracted last month, showing the housing recession was spreading into other parts of the economy at the end of last year. The Institute for Supply Management's manufacturing index dropped to 47.7,
      – Bloomberg, AP  -  354 words
    • Article
      Lock icon Milan introduces city centre congestion charge
      545 16 Bloomberg [MILAN] Milan yesterday joined London, Stockholm and Singapore among cities imposing congestion charges on drivers in an effort to improve the air quality in one of Europe's most polluted urban centres. The nation's fashion capital introduced a traffic charge for vehicles entering the
      – Bloomberg  -  545 words
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  • WORLD
    • Article, Illustration
      Lock icon Obama, Clinton tied in lowa rolling poll
      700 17 Reuters Edwards close behind in 3-way race before first nominating contest today [DES MOINES, lowa] Democrat Barack Obama has pulled even with Hillary Clinton in lowa, with John Edwards close behind, in a tightening three-way race one day before the first presidential nominating
      – Reuters; AP  -  700 words
    • Article
      Lock icon OMX board recommends offer from Borse Dubai
      180 17 -AP [STOCKHOLM] The board of Nordic stock exchange operator OMX AB yesterday said it unanimously recommended Borse Dubai's 32 billion kronor (557.2 billion) cash offer for the company. Subsequent to the agreement, Nasdaq Stock Market Inc will buy all of Borse Dubai's shares
      -AP  -  180 words
    • Article
      Lock icon Seller scraps US$1.8b sale to GE, Blackstone on loans hitch
      441 17 -NYT Setback could signal more tough times ahead for mortgage industry [NEW YORK] In another sign that troubles within the mortgage industry will continue into 2008, one of the largest originators of residential home loans announced on Tuesday that it
      -NYT  -  441 words
    • Article
      Lock icon NYSE tweaks circuit breakers for Q1
      224 17 Reuters [NEW YORK] The New York Stock Exchange (NYSE) has set its criteria for trading halts in the event of a steep market drop, making only slight changes for the first quarter from the fourth, according to data on the NYSE website. For the
      – Reuters \  -  224 words
    • Article
      Lock icon Thousands of Kenyans flee ethnic battleground
      475 17 Reuters 30 members of president's tribe die as mob burns church [ELDORET, Kenya] Thousands of President Mwai Kibaki's Kikuyu tribe were fleeing the Rift Valley yesterday, running across the wastes of an ethnic battleground few Kenyans can believe is their country. About 30 Kikuyus
      Reuters  -  475 words
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  • AVIATION
    • Article, Illustration
      Lock icon Australia, US to start talks on open-skies pact
      440 18 Reuters Move could lead to more US carriers flying to Australia via airports in Asia [CANBERRA] Australia and the United States will start talks on an open-skies aviation deal within the next six weeks to open up the lucrative trans-Pacific route between
      – Reuters; BLOOMBERG  -  440 words
    • Article
      Lock icon Year-end holidays bring no respite to airline delays
      287 18 LAT-WP [WASHINGTON] The holidays brought no respite to air travellers like Scan Fox. Delta Air Lines misplaced Mr Fox's bags for a day after his arrival in South America on Dec 22. On his return trip, his flight from Atlanta to Balti-more-Washington
      – LAT-WP  -  287 words
    • Article
      Lock icon Viet Airlines pre-tax profit up 6% with more passengers
      222 18 Bloomberg [HANOI] Vietnam Airlines Corp, the country's stateowned carrier, says pre-tax profit rose more than 6 per cent last year, buoyed by a surge in passenger numbers. The airline carried more than 8 million people in 2007, 2 per cent higher
      – Bloomberg  -  222 words
    • Article
      Lock icon Air China delays N Korean route for 3 months
      263 18 Reuters [BEIJING] Air China has postponed yesterday's opening of a new route to the North Korean capital, Pyongyang, until March, citing operational reasons, but denied the decision was linked to politics. Pyongyang failed to meet a Dec 31 deadline to give
      – Reuters  -  263 words
    • Article
      Lock icon Air crashes in 2007 lowest in 44 years
      347 18 -AP [GENEVA] Last year was one of the safest in aviation history, with the lowest number of crashes in 44 years, an independent watchdog said here yesterday. There were 136 serious accidents in 2007, down from 164 crashes the previous year, the
      -AP  -  347 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2423 18 ++AIRLINE CODES: American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airl In Bhd (RBA), B'~ Bouraq Airlines (BOU), BR EVA
      2,423 words
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  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      430 18 CRYPTIC CROSSWORD ACROSS 1 Unwise to relinquish right, n —i n —l R —l 14 —I i^K Tf, —I [7 —I showing a lack of respect (8) 5 Fires across the top of motor HH~ HH HH* HH^H^HI HH HH boats(6) HHHbY HI 9 Goes mad about failure of 9
      430 words
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  • SHIPPING
    • Article, Illustration
      Lock icon 2007: A reasonably good year for shipping
      1086 19  -  VINCENT WEE This year's prospects are less bright with rising bunker costs, slowing US economy By! LAST year was a reasonably good one for the shipping industry overall, with some parts doing significantly better than others. Prospects are less bright, however. Major concerns
      YEN MENG JIIN  -  1,086 words
    • Article
      Lock icon China lines order 30 vessels for US$1.9b
      210 19 Reuters [SHANGHAI] Two Chinese shipping lines said they had ordered a total of 30 vessels for more than US$l.9 billion to meet surging demand for transport of goods and raw materials. China Cosco Holdings Co, the listed flagship of the country's top shipping
      Reuters  -  210 words
    • Article
      Lock icon Persian Gulf oil-tanker rates may fall
      405 19 Bloomberg [LONDON] The cost of shipping Middle East crude to Asia, the world's busiest market for supertankers, may fall after a lull in demand over the year-end left a surplus of ships. The list of ships competing for cargoes is "a bit long" and
      Bloomberg  -  405 words
    • Article, Illustration
      Lock icon Outlook for Viet cruise tourism brightens
      313 19 Bernama [HANOI] This year promises a "new beginning" for cruise tourism in Vietnam after the serious setbacks of Sars, bird flu and the subsequent period of recovery, said Vietnam News Agency yesterday. International visitors to Vietnam, including cruise visitors increased 17 per cent in
      – Bernama; BLOOMBERG  -  313 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        107 19 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KWentures Keppel Corp Labroy Marine MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.80 0.39 5.60 1.12 3.31 1.19
        107 words
      • Article
        Lock icon KLSE
        36 19 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 1.14 9.80 9.85 4.54 3.02 0.24 0.18 -0.01 0.05 -0.05 0.08 -0.02 -0.02 -0.01 87 268 379 487 21 23 47
        36 words
      • Article
        Lock icon BANGKOK
        12 19 '00 ■recious Ship Jegional Cont 27.50 28.75 -1.50 -1.00 885 131
        12 words
      • Article
        Lock icon HONGKONG
        11 19 '000 Doil iingamas Cont .57.35 ...3.25 -0.35 -0.14 313 1506
        11 words
      • Article
        Lock icon PHILIPPINES
        22 19 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 45.50 2.00 1.80 -0.10 unch unch 0.20 57 203 29 1
        22 words
      • Article
        Lock icon TAIPEI
        22 19 Evergreen Marine ...28.80 :irst Steamship 70.50 ManHai Lines 28.25 r"ang Ming Marine ..24.10 -0.80 -3.90 -1.25 -1.00 25 5 8 10
        22 words
      • Article
        Lock icon TOKYO
        35 19 '000 :awasaki Hvylnd...331.00 -12.00 7073 :awasaki Kisen ....1098.00 -28.00 3131 /litsubishi Hvy 481.00 -14.00 ***** /litsui Eng&Sbldg ..436.00 -11.00 3212 /litsuiOsk Lines ..1426.00 -26.00 3609 lippon Express 575.00 -9.00 2045 lipponYusen 888.00 -7.00 4242
        35 words
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      32 19 To download software, SMS the word' Tap" to *****. ~7 QYrJB Terms and conditions apply, -s""" k^«"« etmmm I Hongkongers I head to Chinese cities isS Iwhiemainlandersjf I flock to the SAR
      32 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon More excitement in the skies this year
      530 20 LAST year was a very eventful one for the aviation sector. Globally, the industry recorded its first profit after chalking up accumulated losses of nearly US$45 billion over the previous six years. Global airlines will cumulatively post US$5.6 billion in profit for 2007,
      530 words
    • Article, Illustration
      Lock icon What 2008 holds for the US economy
      1145 20  -  MICHAEL M GRYNBAUM -NYT While analysts say the first half may be grim, many predict a pick-up after the summer By LIKE baseball or the weather, the economy can be a difficult thing to predict. In March last year, Bernard Baumohl of the
      -NYT; AP  -  1,145 words
    • Article, Illustration
      Lock icon China, Japan show promise of a genuine 'Asian miracle'
      855 20  -  ANTHONY ROWLEY THE BOTTOM LINE LET us propose a New Year toast to Chinese President Hu Jintao, Premier Wen Jiabao and Japanese Prime Minister Yasuo Fukuda for ending the old year on a note of hope, and giving us a glimpse
      855 words
    • Article, Illustration
      Lock icon Economic disparities in Asean can be an advantage
      1257 21  -  ROBERT YAP There are enormous benefits to be reaped from the deeper economic integration envisioned in the AEC blueprint By THE 13th Association of Southeast Asian Nations (Asean) Summit held in Singapore in November last year saw the landmark signing of the
      AFP  -  1,257 words
    • Article, Illustration
      Lock icon Casino culture spreading among investment bankers
      891 21  -  MATTHEW LYNN By IT'S the season of goodwill, so some senior bankers a breed not usually known for giving up rewards have decided to skip their bonuses for 2007. John Mack, the chief executive officer of Morgan Stanley, decided he wouldn't accept any extra
      AP  -  891 words
    • Article
      Lock icon LETTER TO THE EDITOR
      134 21 What will happen to current subscribers? I REFER to your article, "Singapore telcos in race for exclusive rights to Apple iPhone" (BT, Dec 31). It was mentioned that the Infocomm Development Authority's (IDA) mandate for "true number portability" will come into effect in the second quarter
      134 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      6943 22 Transaction date: Jan 2 iialL Low Code Company Sale +1('000) High ■ow Buyer Seller C'vr P/E $mil 5716 1st Software i -i- i- :i, 42 10.4 2101 APOil 141 91 5 5550 ARA 22 8.5 3100 ASAGrp 27 11 1102 ASJ Hldgs 14.8 2 3211 Abterra 24 9.5
      6,943 words
    • Article
      Lock icon SGX XTRANET
      77 22 52-Wk Tel High Low Code Last Sale Vol COOP) Day Ih Low Last Quote Buyer Seller Div GrYld Net MCa| C'vr P/E $mi Comi _Hij 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** *****
      77 words
    • Article
      Lock icon SGX CATALIST
      2151 22 52-Wk Tel High Low Code Last Sale Vol Cooo) Day Last Quote |h Low Buyer Seller Div GrYld Net MCa| C'vr P/E $mi Comi >an< Hii 30 11.5 1181 s AAGrp 41.5 20.5 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 2.5 1501 s Advanced System
      2,151 words
    • Article
      Lock icon CLOB INTERNATIONAL
      210 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      210 words
  • Page 22 Advertisements
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      Lock icon Page 22 Advertisements Column 1
      20 22 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. M Tel: 6238 6678 Fax: 6238 6676. Internet: http://www.audemarspigjet.com jg^^^m ts'§!§?'i'^3m
      20 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      369 23 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 1 World Index Preliminary 1131.7 0.0 2.8 0.0 0.5 0.0 7.1 EAFE Preliminary 1120.6 0.0 1.2 0.0 1.9 0.0 8.I Euro[ Preliminary 1543.3 0.0
      369 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      130 23 As at 9am Jan 2 Singapore dollars to one unit if foreign currency: Currencies Bid Offer Uist dollar 1.2550 1.2700 .an dollar 1.4410 1.4580 luro 2.0910 2.1150 IZ dollar 1.0970 1.1210 Sterlin iund 2.8440 2.8750 )S dollar 1.4320 1.4490 .ocal dollars to 100 units if foreign
      130 words
    • Article
      Lock icon INTERBANK RATES
      161 23 Jan 2 fer Bii Overnight 1/2 1 -month 2 2-months 2 3/16 3-months 2 3/8 Overnight mode: 7/8 US$ Offer 3/8 1 7/8 2 1/16 2 1/4 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months Sfr 4.55 4.65 4.75 4.80 4.70
      161 words
    • Article
      Lock icon STOCK INDEX FUTURES
      25 23 Jan 2 ten .Hi Sett STI ;iMSCI Jan 422 424 422.6 'aiwan Jan 332 333.2 324.7 Source: MF Global (S) Pte. Ltc
      25 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 23 Jan 2 S$ Bid Offer 1-month 1.4370 1.4382 2-months 1.4343 1.4356 3-months 1.4321 1.4334 6-months 1.4253 1.4268 Source: OCBC
      22 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      153 23 Jan 2 lurrencies Bid Offer Bid Offer >$IUS$ to one unit of foreign currency: Australian dollar 1.2665 1.2679 0.8793 0.8796 'anadian dollar 1.4511 1.4529 1.0075 1.0080 iuro 2.1100 2.1121 1.4649 1.4653 IZ dollar 1.1110 1.1125 0.7713 0.7718 aterlim md 2.8524 2.8551 1.9803 1.980; IS dollar 1.4404 1.4414
      153 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      288 23 Jan 2 OPEN HIGH LOW SETT VOL OP/INT iURODOLLAR FUTURES VlarO8 lunO8 iepO8 3ecO8 95.770 96.255 96.505 96.625 0 0 0 0 ***** ***** 6883 2828 EUROYEN FUTURES VlarO8 lunO8 >epO8 3ecO8 VlarO9 lunO9 >epO9 3ecO9 99.250 99.275 99.210 99.145 99.085 99.025 98.965 98.885 0 0 0
      288 words
    • Article
      Lock icon SICOM FUTURES
      289 23 Jan 2 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Feb 08 Mar 08 Apr 08 May 08 Jun 08 Jul/Sep 08 378.00 382.00 386.75 390.25 391.75 392.75 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      289 words
    • Article
      Lock icon CHICAGO BOT
      102 23 Dec3i\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 08 1199.00 1207.75 1201.00 1181.00 MarO8 1214.25 1223.00 1218.00 1197.00 May 08 1229.75 1240.50 1233.00 1213.00 Jul 08 1235.00 1246.50 1240.00 1220.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 08 48.85 48.83 48.85 48.32 Mar
      102 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 23 CRUDE OIL PRODUCTS Jan 1 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 93.62 unch WTI (Near Mth) 95.99 unch Dubai (1-Mth F) 88.68 -0.39 Tapis blend 99.4 -0.4 Minas 97.65 -0.4 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 95.45 110.25 unch unch US$/barrel Opec Oil
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      447 23 Jan 2 Australia 0.873 6.415 0.600 6.870 34.668 82.558 0.982 8.240 2.911 1.140 54.381 36.247 1.267 6.041 0.993 28.538 29.554 0.444 0.879 Canada 1.146 7.351 0.688 7.872 39.724 94.599 1.126 9.442 3.336 1.306 62.312 41.533 1.452 6.921 1.138 32.700 33.864 0.509 1.008 China 0.156 0.136 0.094 1.071
      447 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      89 23 Jan 2 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****A 03.04.08 1-Year BY*****A 29.09.08 1.98 1.97 1.9 1.9 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year
      89 words
    • Article
      Lock icon SIBOR
      76 23 Jan 2 (US$) (SS) 4.***** 2.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** 1 mth 2 mths 4.***** 2.***** 3 mths 4.***** 2.***** 6 mths 9 mths 12 mths 4.***** 4.***** 4.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs
      76 words
    • Article
      Lock icon PALM OIL
      66 23 Jan 2 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Jan 08 3083 3086 3090 3071 410 2372 Feb 08 3091 3095 3098 3072 524 8737 Mar 08 3090 3082 3097 3070 5378 ***** Apr 08 3090 3070
      66 words
    • Article
      Lock icon PRECIOUS METALS
      139 23 Jan 2 GOLD (USS/oz) Jan 02 Dec 31 Hong Kong London 838.50 838.00 839.50 839.00 Dec 31 Dec 28 834.40 836.30 835.20 837.00 Source: Reuters CAST BAR (S$) Jan 02 Buying Sellini Kilobar "41,382.25" ***** PAMP GOLD BARS (S$) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1
      139 words
    • Article
      Lock icon LONDON METALS
      70 23 Dec 31 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2358.20 2367.80 3 months 2409.00 2418.00 Copper, Grade A (US$/tonne) Cash 3 months 6641.50 6675.00 6800.00 6830.00 Lead (US$/tonne) Cash 2545.50 3 months 2550.00 2572.00 2570.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
      70 words
    • Article
      Lock icon LIFFE
      78 23 Dec 31 COCOA (Btonne) Close Prev Hii ih/Low Mar 08 1043 1049 1047/1040 May 08 1061 1067 1062/1058 JulO8 1090 1096 1091/1088 SepO8 1072 1078 1072/1072 COFFEE (US$/tonne) Close Pev High/Low Jan 08 1866 1850 1870/1840 Mar 08 1907 1889 1910/1880 May 08 1927 1912 1932/1903 JulO8 1942 1927
      78 words
    • Article
      Lock icon BONDS & WARRANTS
      5590 23 BONDS WARRANTS Tel Code Com| Tel Code Company 3779 ASL Marine Hldgs W*****1 2058 Advance Modules GrpW*****3 2036 Advance SCT Ltd W*****9 3747 Allgreen RB ECW*****1 2835 Allgreen RBeCW*****6 #ArianeCorpLtdW*****9 8798 Ascendas REIT SGA ECW*****3 9092 Asia Environment W*****4 4481 Asia Water Tech Ltd W*****0 8756 Asiatic Grp (H) Ltd
      5,590 words
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      Lock icon Page 24 Advertisements Column 1
      3531 24 m The Business Times Shipping Times m _-_-^-i KPI _-_-f-y!!I!^!K!TTJdTfftl MI-fltlTfftlSßffl WAN HAI INTERNATIONAL PTE LTD <rn0 **********0/r Wwimmam _-_i.^----l ■ZE ll:M!fflrMi^M>--.-.ala!Wffiß RbBB TEL *****588 (14 LINES) FAX: *****163 "_^^^iT^^^^^B gFKj ISSSt V\\M IIA/AN HAI INrN &»!<""« Service/Bookings Direct line-(1800) *****200 I I _L*_l*l.»j" I I ***** SSB V V
      3,531 words
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      3431 25 v O(^^C < y ■|S_fl W^i SMIH BP| tfflfl WEEKLY EXPRESS SAILING SCHEDULE '^^XF I L^^^^^^ljnM l^^^g^^^^^^g^^^^g^^^g^^^g^^^g^^^g^^^g^^^g^^^g^^l ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS N ZUZIKtZH >" Iml ■ialyi IVESSEL I VOY I PKL I SIN I KHI I DXB I BAB I DMM I BIK I KHO
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  • Page 26 Advertisements
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      3998 26 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number SIN Dest'n Name
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  • PROPERTY
    • Article, Illustration
      Lock icon M'sian building sector set for 5.8% growth
      607 27 -Bernama Driving expansion are oil pipeline, rail, water, undersea power cable projects [KUALA LUMPUR] Malaysia's construction sector is expected to grow for the second consecutive year by 5.8 per cent compared with 4.7 per cent last year, fuelled by stimulus measures outlined to
      -Bernama; BLOOMBERG  -  607 words
    • Article
      Lock icon Ho Chi Minh City frets over property investment
      207 27 Bernama [HO CHI MINH CITY] Around 85 per cent of foreign direct investment (FDI) in Ho Chi Minh City last year has flowed into the property sector, worrying experts and authorities, Vietnam News Agency (VNA) reported yesterday. HCM City had attracted US$2.5
      Bernama  -  207 words
    • Article
      Lock icon Spain's Colonial seeks to sell assets
      384 27 Reuters [MADRID] The Spanish stock market regulator suspended trade in beleaguered Spanish property firm Inmobiliaria Colonial yesterday, as papers reported it was seeking more asset sales to relieve its heavy debt load. The suspension comes on the heels of a turbulent week for Spain's
      – Reuters  -  384 words
    • Article
      Lock icon Seattle on edge as housing gloom looms
      491 27 LAT-WP Economists expect city to be caught in national slump [SEATTLE] It's the kind of house that a year or two ago would have been snapped up in days: a refurbished rambler in a woodsy residential neighbourhood minutes from downtown. The asking price:
      LAT-WP  -  491 words
  • Page 27 Advertisements
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      107 27 PNet Lettable Area 12,000sft I Location District 1 I (Minutes walk to Raffles Place, Future Marina Bay I Financial Centre) I Above major MRT station I 5-storey of Retail Shopping, F&B outlets I Surrounded by Branded Hotels I Projected High Rental Yield of 6% or more Global Funds, Investors, Listed
      107 words
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      102 27 B| I 'l| "r .M Zi.»A. AseJ Rare luxury villa (Fully furnished) Located on Waterfront South China Sea, Coast of Hoi An, Vietnam Land 34,400 sqft. Build Up 7800 sqft, with infinity pool Asia's" Best New Beach Resort" by the Travel Gazette Excellent Investment, managed by world renowned GHM Hotel
      102 words
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      199 27 FOR SALE BY TENDER Prime Residential Redevelopment Sites in District 9 Cairnhill Mansion Separate Adjoining Site /<£* n •Freehold NX° Height Restriction Up to 36 storeys ffisL mSES> Cairnhill Mansion J^S^a* ctgZS? 2003 MP -PR 2.8 fkgSSS Allowable GFA -14,546.88 sq m scorn jy *Ny (OPP guideline) Square(U/Q X J
      199 words
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  • PROPERTY
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      Lock icon Back lane in Balestier up for sale
      417 28  -  KALPANA RASHIWALA Other properties up for auction include Changi bungalow, studio apartment By THE Official Receiver is auctioning off a back lane at Jalan Bunga Raya in the Balestier Road/Irrawaddy Road area. The freehold strip of land, with a land area of 3,331
      417 words
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      1414 28 HOTEL COMMERCIAL SITE FOR SALE BY TENDER PIE Freehold site along Changi Road -"""ST "Z^gi^ E unosßu7Tir~ 'Sitearea 26.4335qft. CQI^ Ppetc^tre interchange Plot Ratio up to 3.0 SIMS AYE v ir Suitable for Hotel/Commercial Tanfong Food Centre fe\ Kampong Übi CC Development £0^ \a\ MRT Stations nearby H—; X GUM.
      1,414 words
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  • BizIT
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      Lock icon Unified Comms market to grow 25% this year: IDC
      804 29 IP-based communications devices to fuel growth in Singapore, writes AMIT ROY CHOUDHURY THE market for Unified Communications (UC) applications in Singapore is expected to grow by 25 per cent to US$35 million by the end of this year, according to the
      : IDC  -  804 words
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      Lock icon Microsoft's Office 2008 for Mac a credible offering
      958 29  -  CHRISTOPHER LIM By THE ability of Apple's Intel-powered Macintosh PCs to run Microsoft's Windows operating systems has been a major selling point, but the glaring lack of an office productivity suite completely compatible with the industry-stand-ard Microsoft Office has made some would-be
      REUTERS  -  958 words
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      Lock icon Asia drives worldwide SMS volume
      466 29  -  WINSTON CHAI Regional subscribers account for 80% of total messages By SUBSCRIBERS across Asia are officially the most prolific users of mobile messaging, accounting for nearly 80 per cent of the total messages that were sent across cellular networks around the world in 2007. According
      REUTERS  -  466 words
    • Article
      Lock icon India's IT market set to grow 24% in '08: IDC
      208 29 ■AFP [BANGALORE] India's information technology market is poised to expand 24 per cent in 2008 as it enters a new "growth trajectory", an industry report said. Revenue from the domestic IT and outsourcing market will touch 1.1 trillion rupees (5540.2
      ■AFP  -  208 words
  • Page 29 Miscellaneous
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  • BizIT FOCUS
    • Article, Illustration
      Lock icon Energy-efficient storage technology arrives
      912 30  -  ONG BOON KIAT GREEN TECHNOLOGIES IN ENTERPRISE STORAGE Developments will increase efficiency and reduce wastage By KNOWLEDGE in the digital form is power-hungry. With every byte of data written on to a hard drive, more power is required for its maintenance. The bad news for businesses
      FILE PHOTO  -  912 words
    • Article
      Lock icon Why green storage saves money
      254 30  -  ONG BOON KIAT By COST savings, not altruism, will drive green IT investments, Springboard Research says in its new report on 2008 Asia-Pacific IT market predictions. For enterprise storage, recent energy-saving technologies promise much, but mileage will depend on the data usage habits of organisations.
      254 words
    • Article
      Lock icon You may like to know...
      170 30 Question: We plan to either lease or build two more remote data centres over the next two years. Any advice on how to create a "greener" IT infrastructure? Answer: There are several facets to creating an eco-friendly data centre. From an IT standpoint, they include
      170 words
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      170 30 IKs^^ BSir^ Rf ■^fcj^^^- Improving Lives. ja Ifc tf s ij^F^ P JIHn *i ~^~~^B .ij^bbmij^Bij^Bij^b j r'^'^r''^^^^^^^^S^^^*^*'^^m^^^^^SSS^S^» »■»•■»■TTmTm^v r 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
      170 words
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      4 30 HITACHI Inspire the lMext
      4 words