The Business Times, 8 January 2008

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Microfilm: NL28804
Total Pages: 29
1 29 The Business Times
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  • Title Section
    Lock icon Masthead
    25 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg a Singapore press holdings publication co regn no *****2868E mica (p) 122/12/2007 Tuesday, January 8,2008
    25 words
  • Article
    Lock icon CapitaLand makes $990m offer to take Ascott private
    737 1  -  UMA SHANKARI Company sees value in subsidiary that has not been recognised by market, analysts say By [SINGAPORE] Property giant CapitaLand yesterday made a general offer for its listed subsidiary Ascott Group in a deal that values the serviced residence unit at
    737 words
  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      44 1 I COMP 1,***** +4.10 IIKKEI225 14,500.55 -190.86 1ANG SENG 27,179.49 -340.20 ;et INDEX 808.31 -13.40 JAKARTA COMP 2,776.41 +11.22 1ANILACOMP 3,388.81 -90.56 ;eoulcomp ;henzhen b 1,831.14 721.13 -32.76 -0.98 IUMBAI IND 20,812.65 +125.76 10.45AM EDT Change 12,776.19 -23.99 )OW IAS DAI 2,487.00 -17.65
      44 words
    • Article
      Lock icon PRIME RATES
      29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.75 INDONESIA 15.535 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 7.25 CANADA 6.00 SWITZERLAND 3.91 INDIA 12.75 Source: Bloomberg
      Bloomberg  -  29 words
    • Article
      Lock icon FOREX
      35 1 IS$ (S$ per US$) 1.435 ;us$/s$ 1.966 2.822 ;URO(US$/S$/E) 1.467 2.105 'EN 109.40 76.20 3.281 2.286 IK$ 7.800 5.435 !AHT 33.35 23.24 lUPIAH 9,455 6,588 lENMINBI 7.270 5.066 INDIAN RUPEE 39.28 27.37 1.148 0.800
      35 words
  • Article, Illustration
    Lock icon Cathay Pacific backs move to derail SlA's China bid
    630 1  -  VEN SREENIVASAN It will join proposed counter-bid; analysts suspect power struggle in Beijing By [SINGAPORE] Cathay Pacific has joined hands with Air China's parent in what looks like a determined effort to keep Singapore Airlines from gaining a foothold in the
    BLOOMBERG  -  630 words
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      1 1 8"*****l"*****4'
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      106 1 %i' ws'm\XK§- '^fS&r^■l^^'Wm Br4J^^ttllfc&F JS I \t' ~f"-"."";° Bfi^ '^■H rSt- 3B■'""'■'■/'--"' "vTj' vS 'i- .3mmU-y^Mm^m^mm dbs DE BETHUNE The Hdrdldgical Masterpieces A^gj^-'^> l^w Manual-winding mechanism with hours, minutes, patented De Bethune f /fir^&v7\ W k REVOLVING MOON, POWER RESERVE INDICATION ON THE CASE BACK SeLF-REGULATING I I T ¥^H
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      42 1 ■h*3 sme spotlight oil W^^^i RETAIL property Revolutionising the Betting on oil m j Paragon in $82m S'pore occupancy humble wall socket hitting US$2OO 3il I 111 facelift, expansion costs soar 106% MPOTMPWi PAGE 12 PAGE 13 Blfcr^Tr? PAGE 7 PAGE 30
      42 words
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  • TOP STORIES
    • Article, Illustration
      Lock icon Asian stocks go down with US virus, may recover later
      630 2  -  YEN SREENIVASAN They can weather a mild US recession, analysts predict By [SINGAPORE] Latest US economic data suggesting that a recession could be imminent sent Asian stocks nose-diving. Hong Kong's Hang Seng Index tumbled some 3 per cent in early
      AP  -  630 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon High-density homes may complement Paya Lebar hub
        82 2 THE development of vacant state sites already zoned for commercial use immediately around Paya Lebar MRT Station will spearhead the transformation of the area into a commercial hub. More interestingly, however, high-density homes may also come up slightly further away on sites currently
        82 words
      • Article
        Lock icon Paragon in $82m facelift, expansion
        64 2 THERE will be a new look for Paragon shopping centre come October. The Orchard Road mall will get a $45 million makeover to update its building facade and increase retail space. In addition, the commercial space above its retail podium will be expanded at a
        64 words
      • Article
        Lock icon Aqua-Terra to set up rigging and testing facility in Batam
        43 2 AQUA-TERRA Supply is latching on to the oil-and-gas and offshore marine industry construction boom in Batam by setting up a rigging and testing and certification facility on the island. COMPANY NEWS, PAGE 9
        43 words
      • Article
        Lock icon Means-testing may rest on patient's income
        70 2 SOME details of how means-testing will be applied for subsidising health care were spelled out yesterday by Health Minister Khaw Boon Wan. He said that the crucial figure would normally be a patient's individual average monthly income rather than the income per head of
        70 words
      • Article
        Lock icon Oil options for US$2OO rise 10-fold
        66 2 THE fastest-growing bet in the oil market these days is that the price of crude will double to US$2OO a barrel by the end of the year. Options to buy oil for US$2OO on the New York Mercantile Exchange rose 10-fold in the past
        66 words
      • Article
        Lock icon A golden opportunity in Pahang mining town
        77 2 RAUB, in Pahang state, was famed as a mining town, its once-fabled gold deposits a source of much wealth for well over a hundred years. Thirty years ago, however, gold prices fell to almost US$2O an ounce, the mining no longer was economical,
        77 words
      • Article
        Lock icon S'pore occupancy cost up 106%
        50 2 OCCUPANCY costs in Singapore have soared 106.4 per cent over the past year among the highest increase across the 137 locations surveyed according to a new report. This means that Singapore is now the 13th most expensive place to work in globally. PROPERTY, PAGE 30
        50 words
    • Article
      Lock icon US slowdown won't eat into S'pore growth: MM Lee
      522 4  -  CHUANG PECK MING Temasek, GIC comfortable with Merrill, ÜBS, he says By [SINGAPORE] A slowdown in the American or European economy will not reduce the rate of Singapore's economic growth, according to Minister Mentor Lee Kuan Yew. Barring a "big recession",
      522 words
    • Article, Illustration
      Lock icon High-density homes may complement Paya Lebar hub
      712 4  -  KALPANA RASHIWALA Study says they may come up on sites that are currently industrial estates By [SINGAPORE] The development of vacant state sites already zoned for commercial use immediately around Paya Lebar MRT Station will spearhead the transformation of the area into a
      Based on Master Plan 2003  -  712 words
    • Article
      Lock icon Businesses stay upbeat on S'pore economy: survey
      554 4  -  CHEW XIANG Optimism balance is still at 84% despite greater uncertainty By [SINGAPORE] Despite a gloomier outlook and inflation fears, Singapore businesses remain optimistic about the local economy, a global survey of private businesses has found. Accounting firm Grant Thornton International's latest International
      554 words
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      1015 2 fasd;ga Mk\ I mvct K Mr Sofyan Suryana joined the Live Freely Seminar in end June 2007 to j^^^^Ay^A^^H^^^Q l^^ll I^mß^l m ■EiDUt NYSEArca <^^ -«-"''S' learn from the No. 1 money and stock options coach Dr. Clemen Chiang. As a business owner and director of several successful JF M^.
      1,015 words
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  • Page 3 Advertisements
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      112 3 WONGPAR TNERSHIP We would like to express our gratitude to friends and clients for their unstinting support over the past 16 years. We take this opportunity to wish one and all a Happy ft Prosperous 2008! WONGPARTNERSHIP LLP (REGISTRATION NUMBER LLO8OOOO3D) SINGAPORE CHINA MIDDLE EAST SINGAPORE One George Street, #20-01,
      112 words
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  • Page 4 Advertisements
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      736 4 ASIA PACIFIC BREWERIES LIMITED •rf UTI 55 'Company Registration No. *****0007K) M (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING DATE Tuesday 29 January 2008 PLACE: Level 2, Alexandra Point, 438 Alexandra Road, Singapore *****8 NOTICE IS HEREBY GIVEN that the 74th Annual General Meeting of ASIA
      736 words
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      20 4 X CATS Recruit I The first door to It 3 wj* r world of opportunities I JT J^_- RECRUIT g <
      20 words
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  • FOCUS: TALENT ISSUES
    • Article, Illustration
      Lock icon Effective reward plans do the trick
      1712 5 Employers must realise that their expectations are often different from those of their employees, reports MICHELLE QUAH THE first two parts of our four-part series on talent issues in the accounting and finance industry in the Asia-Pacific looked at the key drivers of employee
      STOCKXPERT  -  1,712 words
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      91 5 I CPA AUSTRALIA EMPLOYERS CLUB I Foundin 9 Members II ambition cSSd^ bhpbimton II n i -ft laaaaa =U Ernst aYoung yj .f ffBB VClUlllCi Qualityln Everything We Do Ct^tar B[jUj££ ZSQ2 H MEl^ilHßllffiS SiS CHARTERHOUSE Foo Kon Tan Grant Thornton r r i n i h i p The
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI ends session at 6-week low
      537 6  -  VEN SREENIVASAN STOCKS However, some analysts see the local market recovering in the medium term SINGAPORE stocks headed south right from the opening bell, in sympathy with Wall Street's Friday dive following weak US employment numbers last week. But a late recovery on the
      Bloomberg  -  537 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      96 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch lulti Ind 7 10 2 0 0 0 7 10 2 lanufacturini 29 109 48 11 15 36 120 63 Commerce 16 33 17 21 39 21 "pt/Stor/Comms 30 32 :inance 21 21 Construction 13
      96 words
    • Article
      Lock icon SECURITIES TRADING TURNOVER
      116 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 16,524 16,524 91,000 91,000 lanufacturing 375,426 23,645 399,071 389,714 4,865 394,579 Commerce 127,559 3,506 131,065 87,449 1,316 88,765 •pt/Stor/Comms 105,587 176 105,763 330,726 66 330,791 :inance 41,399 41,399 453,433 453,433 Construction 36,630 24,983 61,613 15,596 1,156 16,752 'roperties 57,258
      116 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      214 6 Jlgreen 0.42 1.340 -0.100 \scendasreit 0.87 2.320 -0.090 lapitaComm 0.46 2.200 -0.090 la pita Land 4.18 6.250 :apitaMall 0.93 3.230 -0.110 :hart SemiCond 0.52 0.950 +0.010 jtyDev 2.56 13.000 -0.540 lomfortDelGro 1.25 1.730 -0.060 losco Corp 1.97 5.810 -0.120 Creative Tech 0.16 6.190 -0.170 IBS Grp
      214 words
    • Article, Illustration
      Lock icon BROKERS' TAKE
      957 6  -  MATTHEW PHAN Source Chemoil Energy Jan 7 close: 51.5 US cents CIMB-GK Research, Jan 7 GRAND opening of Helios Terminal. Opening on time. Chemoil will host the grand opening of its Helios Terminal on Jan 10. Completion of the Helios Terminal provides Chemoil with significantly increased Singapore storage
      Bloomberg  -  957 words
    • Article, Illustration
      Lock icon Risk aversion rules on weak US jobs data
      543 6  -  LARRY WEE CURRENCIES RISK aversion fears resurfaced in ugly fashion yesterday, after Wall Street slumped last week on the back of very weak US jobs numbers. A 3.8 per cent decline in the tech-heavy Nasdaq composite index led heavy losses for US
      Reuters  -  543 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
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    • Article, Illustration
      Lock icon UOBCATAUST INDEX
      2 6
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    • Article
      Lock icon OTHER SINGAPORE INDICES
      47 6 Jan 7 VALUE CLOSE 167.00-166.00 BT OB/OS BT CADI -*****.00-262.00 BT 10-day MA -*****.00 +17.00 All-SG Equities 938.62 -18.64 SG Equities Elect 98.24 -1.31 SG Equities Fin 2332.08 -44.86 SG Equities Prop 1262.17 -33.39 SIMSCI 407.00 -10.24 SIMSCI Futures 406.40 -10.70 PrimePartnersCI 232.92 -6.33
      47 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME Firstßes MEReCWOBO4OB 73,366,000 Firstßes 57,619,000 JiutianC 32,160,000 JES 28,132,000 Sing Tel 24,978,000 Yanqzijianq 24,078,000 Golden Agri 22,945,000 Sapphire 22,635,000 DesiqnStudio 22,201,000 KTL Global 21,629,000 VALUE(S) UOB 141,819,740 DBS Grp 134,074,000 SGX 103,610,180 Sing Tel 94,386,709 Firstßes 91,837,550 S I A 69,719,668 CityDev 65,055,560 OCBC Bk 57,772,240
      57 words
    • Article
      Lock icon RISES
      105 6 CLOSE UP Straits Trdi 564 68.0 13.7 ISMSCI India 100 1022 33.0 2.3 ra. ■a nee 250 27.0 12.1 C2O Hid. 54 13.0 31.7 MOIL 256 12.9 3.6 I seta n 432 12.0 2.9 FirstRes 160 10.0 6.7 ICBCC :.93%Pref10 ***** 10.0 0.1 ilA En. 467 9.0 2: ChinaRailDBeCW*****6
      105 words
    • Article
      Lock icon FALLS
      114 6 CLOSE DOWN STI ETF 100 3492-188.0 -5.1 GLD 10US$ 8435-179.3 -1.5 JMH 2750-143.5 -3.5 Jardine C&C 1982 -98.0 -4.7 STI ETF IOPV 3439 -84.9 -2.4 China H 10US$ 2003 -84.7 -2.9 JSH 1550 -63.1 -2.8 UOB 1908 -58.0 -3.0 At 1300 -54.0 -4.i SGX 1230 -48.0 -3.8 BY PERCENTAGE
      114 words
    • Article
      Lock icon CURRENCIES Where S$ stands
      83 6 Jan 7 CLOSE CHNG FR Jan 4 YR 2008/07 S$ LOW S$ HIGH ISS 1.4350 -0.10 1.5479 1.4303® iuro 2.1087 0.01 2.1639 1.9913 'ounds 2.8305 0.00 3.1194 2.8202® 1.2538 0.74 1.3555 1.1741 en* 1.3135 -0.20 1.3821 1.2285 lupiah* 0.***** 0.05 0.***** 0.***** !aht* 4.3028 -0.43 4.5700
      83 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Paragon in $82m facelift, expansion
      509 7  -  MICHELLE QUAH SPH investment to yield contemporary facade, more retail, commercial space By THERE will be a new look for Paragon shopping centre come October. The Orchard Road mall will get a $45 million makeover to update its building facade and increase retail space. The
      I SPH  -  509 words
    • Article
      Lock icon Design Studio confirms deals as shares surge
      412 7  -  VEN SREENIVASAN By DESIGN Studio shares surged in heavy trading yesterday amid rumours that it has secured significant new contracts, prompting a Singapore Exchange (SGX) query on the trading tyThe mainboard-listed stock jumped as much as almost 10 per cent to a five-month
      412 words
    • Article
      Lock icon Are ICIL crown assets undervalued?
      807 8  -  LYNETTE KHOO By HOCK LOCK SIEW AFTER two years of waiting, shareholders have finally been shown the way out of their investments in International Capital Investments Ltd (ICIL) with its major shareholder, Oei Hong Leong Foundation (OHLF), proposing a cash exit offer. OHLF, which already
      807 words
    • Article
      Lock icon OCBC evaluating buyout offer for Straits Trading
      209 8 Reuters OVERSEA-CHINESE Bank- ing Corp, Singapore's third largest lender, said yesterday it has not decided whether to accept a buyout offer for commodity and property investment company Straits Trading. "The bank will evaluate the terms of the offer carefully, and will in due
      – Reuters  -  209 words
    • Article
      Lock icon Pacificmas shares surge after OCBC offer
      227 8 Bloomberg [KUALA LUMPUR] Pacificmas Bhd jumped the most in five years in Kuala Lumpur trading after Singapore's Oversea-Chinese Banking Corp (OCBC) made a takeover offer valuing the Malaysian insurer at RM735.3 million (Ss32l million). Pacificmas, Malaysia's second-most profitable insurer, rose 42 sen, or 11
      – Bloomberg  -  227 words
    • Article, Illustration
      Lock icon Aqua-Terra to set up rigging and testing facility in Batam
      392 9  -  VINCENT WEE It'll serve needs of more O&G and marine companies operating there By AQUA-TERRA Supply is latching on to the oil-and-gas and offshore marine industry construction boom in Batam by setting up a rigging and testing and certification facility
      FILE PHOTO  -  392 words
    • Article
      Lock icon Another record year for SGX's futures, options market
      217 9  -  OH BOON PING Strong volume surge driven by growth in some key contracts By SINGAPORE Exchange Ltd (SGX) said its futures and options market saw another record year in 2007, with the derivatives volume exceeding 44 million contracts. This was 21 per
      217 words
    • Article
      Lock icon S'pore Windsor in China silicon manganese project
      322 9  -  CHEW XIANG By SINGAPORE Windsor Holdings, which manufactures printed circuit board moulds, is investing in two electric furnaces in China to produce silicon manganese. The silicon manganese project is to replace a steel production project which has not materialised. Silicon manganese is a
      322 words
    • Article, Illustration
      Lock icon CordLife hopes to be in the black in 12-18 months
      406 9 Group has been posting losses due to expansion plans [KUALA LUMPUR] Singapore's cord-blood banking company CordLife hopes to be in the black within 12 to 18 months, backed by stronger umbilical cord banking growth in existing and new markets, says
      FILE PHOTO  -  406 words
    • COMPANY BRIEFS
      • Article
        Lock icon KSH Holdings unit China firm in tie-up
        74 9 KSH Holdings' wholly owned subsidiary Kim Seng Heng Engineering Construction (KSHEC) and Beijing Jia Hua Hong Yuan Investment Co have agreed to form a joint venture firm in China. KSHEC will hold a 50 per cent equity interest in the joint venture, which
        74 words
      • Article
        Lock icon Noel Gifts in $1.82m acquisition
        49 9 NOEL Gifts has entered into a sale-and-purchase agreement with Humming House Flowers Gifts to acquire the latter's assets for $1.82 miUion. The assets will be held by a wholly owned subsidiary, Humming Flowers Gifts, which was set up by Noel Gifts for the acquisition.
        49 words
      • Article
        Lock icon Fortune Reit appoints Stephen Chu as CEO
        49 9 Reuters SINGAPORE-LISTED fortune Real Estate iivestment Trust, which )wns malls in Hong Kong, >aid yesterday it has ippointed Stephen Chu its ;hief executive. He ■eplaces Sam Wu, who will low handle business levelopment in China for fortune Reit's manager ;he ARA Group.
        ■ Reuters  -  49 words
      • Article
        Lock icon MAS, Aussie watchdog agency ink MOU
        79 9 THE Monetary Authority of Singapore (MAS) has signed a memorandum of understanding (MOU) with the Australian Prudential Regulation Authority, which regulates financial institutions in Australia. The MOU will provide a formal basis for supervisory cooperation between the two bodies in banking and insurance. The
        79 words
    • Article
      Lock icon Macquarie MEAG to raise S$150m from bond sale
      258 9 Bloomberg Trust is acquiring more property assets in Asia MACQUARIE MEAG Prime Reit, which owns stakes in two Singapore downtown malls, plans to raise as much as Sslso million from a bond sale, according to an e-mail sent to investors. The property
      Bloomberg  -  258 words
    • Article
      Lock icon SGX listing move lifts Vietnam's Vinamilk
      193 9 Bloomberg [HANOI] Vietnam Dairy Products Joint-Stock Co, the most valuable company on the Ho Chi Minh City Stock Exchange, had the biggest gain in more than two weeks after the State Securities Commission approved its listing in Singapore. Vietnam Dairy Products, known as Vinamilk,
      – Bloomberg  -  193 words
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      8 7 I l| Terms and conditions apply, ms^m^m^^r^m^m l
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      70 7 GAMUDA BERHAD Voted 'Best Managed Company in Asia for Construction Services 2008'* by lUilUiiiUiEj *Voted by 125 leading equity analysts in Asia Pacific Landmark projects across South East Asia, Far East Asia, Indochina, South Asia and the Middle East jf*GAMUDA Breakthrough Solutions. World-Class Infrastructure. Head Office: 55-61 Jalan SS22/23, Damansara
      70 words
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      99 9 fc?SMU SINGAPORE MANAGEMENT UNIVERSITY IB At Singapore Management University (SMU), accounting, business, economics, information we understand that business is more than just systems, law and social sciences. A searchable supply and demand. That is why we created the database of related articles and extracts provides online knowledge portal Knowledge@SMU -to
      99 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Means-testing may rest on patient's income
      554 10  -  CHEN HUIFEN Those without income likely to be assessed based on housing type: Khaw By SOME details of how means-testing will be applied for subsidising health care were spelled out yesterday by Health Minister Khaw Boon Wan. He said that the crucial figure would
      554 words
    • Article
      Lock icon NTU appoints new pro-chancellor
      239 10 NANYANG Technological University (NTU) yesterday announced the appointment of former parliamentarian S Chandra Das as pro-chancellor. The appointment was effective from Nov 27 last year. With his appointment, the university now has four pro-chancellors. Mr Das was appointed by NTU's chancellor, President S R Nathan, and
      239 words
    • Article, Illustration
      Lock icon Singaporeans take retirement as personal responsibility: AXA
      434 10  -  TAN SEO YEAN But their CPF funds make up only 1A of what's needed By SINGAPOREANS are ahead of people from 25 other countries in taking personal responsibility for retirement income, a global survey has found. It also shows Singaporeans are still heavily
      FILE PHOTC  -  434 words
    • Article
      Lock icon Motorola to buy Asian online music firm Soundbuzz
      280 10 US handset giant Motorola has announced plans to acquire Singapore-based digital music provider Soundbuzz in an attempt to extend its mobile music service to more countries in the Asia-Pacific. The company did not disclose financial terms of the deal but said the
      280 words
    • Article
      Lock icon Sale of Tuas Power progressing to final stage
      309 10  -  RONNIE LIM By THE sale of the multi-bil-lion dollar Tuas Power is progressing to its second and final stage. Temasek Holdings has asked the power-generat-ing company (genco) to prepare for management presentations to potential buyers, with these "road shows" likely to begin
      309 words
    • Article, Illustration
      Lock icon Two residential sites off Mandai Rd up for auction
      290 10 PROPERTY firm Colliers International yesterday announced the auction of two residential sites off Mandai Road. Both plots have 999-year leases from Oct 16, 1884. The sites are being sold on a non-vacant basis. This means the buyers will be responsible for
      290 words
  • Page 10 Advertisements
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      52 10 A Brand New Year. A Brand 1 a v^Tli f AT^r New 91.3. A Brand New Nokia I iSttgggr kl vg| 5310 XpressMusic Phone? m%ssk SW\^ Tune into The Zone with q^^sto lT\ Jeremy, weeknights from 148vj£Wf* G J 5--BPM till 12MN to find out more^) ■^^^^»T py^ E JOE
      52 words
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  • SME spotlight
    • Article, Illustration
      Lock icon Taking the leap to better business
      683 11 Initially sceptical about branding, instruments firm Acez is now reaping returns from it, reports QUAH CHIN CHIN MANY companies seem to think that spending money on branding does not help their bottom lines. Acez Instruments is not one of those companies. The supplier of
      ARTHUR LEE  -  683 words
    • Article, Illustration
      Lock icon Altering the ordinary
      724 12 'If you look at a wall socket, that design is one hundred years old and nobody has made any attempt to change it. It's very untidy. We've taken that single wall socket and stretched it out into a line.' -Yong Choon NISHA RAMCHANDANI reports how Eubiq has
      ARTHUR LEE  -  724 words
    • Article, Illustration
      Lock icon Acquisitions figure in ISDN's plan
      805 12 SMALL CAPS Company banking on organic growth, expansion into emerging markets and M&A, reports OH BOON PING ENGINEERING firm ISDN Holdings, which has set a profit target of approximately $11 million for 2008, has established a strategic business plan that includes acquisition of other businesses
      805 words
    • Article
      Lock icon Portfolio fares better than STI, UOB indexes
      435 12  -  TEH HOOI LING By! IT hasn't been a very cheery Christmas and New Year for the stock market. Between Dec 10, 2007 and yesterday, the UOB Sesdaq Index fell 5.63 per cent while the Straits Times Index shed 3.3 per cent. Our small
      435 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      123 11 SAVE TAX Our qualified professionals W/m-f __P can assist you with offshore J structures, shelf companies and incorporations in ALL jurisdictions including: Ktth^H _^^J British Virgin Islands P^^^^^^l Cayman Islands m m imm m fmmmmmm mm t Bahamas Seychelles I Hongkong Samoa I Full nominee, management, secretarial, banking and corporate
      123 words
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      995 11 Achieve better service with the Mystery Diners Programme Providing an excellent customer experience starts from within. Launched in 2005 and From establishing a single Phone Etiquette, Entry, Order responsive to customers on JB&tf'A open to retail and F&B cocktail bar 16 years ago to Taking, Bar Counter, Serving their own,"
      995 words
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  • Page 12 Advertisements
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      1056 12 I PT^kll FRASER AND NEAVE, LIMITED El^l -JU (Company Registration No. *****0001R) I {Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING DATE Thursday 31 January 2008 PLACE: Level 2, Alexandra Point, 438 Alexandra Road, Singapore *****8 NOTICE IS HEREBY GIVEN that the 109th Annual General Meeting of
      1,056 words
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      Lock icon Page 12 Advertisements Column 2
      647 12 IN THE MATTER OF IN THE MATTER OF THE COMPANIES ACT- CAP. 50 THE COMPANIES ACT, CAP. 50 AND AND IN THE MATTER OF IN THE MATTER OF AT3 INVESTMENTS PTE LTD AT3 HOLDINGS PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) (IN MEMBERS'VOLUNTARY LIQUIDATION) (Co. Reg. No.: *****4898K) (Co. Reg. No.: *****0687C)
      647 words
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  • ECONOMY WATCH
    • Article
      Lock icon Pessimism more prevalent among British companies
      261 13 -AP LONDON] Companies are nore pessimistic now ibout the British economy ;han at any other time in ;he past five years, iccording to a survey by Lloyds TSB. The survey of 200 -ompanies, released yesterday, indicated that ust over half are oessimistic, with only
      -AP  -  261 words
    • Article, Illustration
      Lock icon Oil options for US$2OO rise 10-fold
      709 13 Bloomberg Hot bet currently is that price of crude will double to US$2OO a barrel by year-end [LONDON] The fastest-growing bet in the oil market these days is that the price of crude will double to US$2OO a barrel by the end of the
      Bloomberg; AFP  -  709 words
    • Article, Illustration
      Lock icon Populist US poll campaign ups economic risks
      613 13 Rev- [WASHINGTON] Could the US presidential race be bad for the world economy? That is a distinct possibility, according to some experts who believe a new mood of American isolationism could emerge from voter discontent over economic issues and the campaign rhetoric it
      Rev-; AFP  -  613 words
    • Article
      Lock icon US firms likely to rethink capital spending plans
      562 13 -Reuters Recession prospects grow on housing woes, weak retail [CHICAGO] As the spectre of recession in the United States looms because of the deteriorating housing market, weak retail sales and other economic worries, many US companies are expected to scale back capital
      -Reuters  -  562 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon A golden opportunity in Pahang mining town
      594 14  -  S JAYASANKARAN Malaysian's Londonlisted firm to mine gold, now at record high, in Raub By in Kuala Lumpur RAUB, in Pahang state, was famed as a mining town, its once-fabled gold deposits a source of much wealth for well over a hundred years.
      594 words
    • Article
      Lock icon BURSA MALAYSIA
      2287 14 in 7 RM COOO) \&M Realty 0.86 \bricBhd 0.27 \dvance Synergy 0.19 s,dventa Bhd 1.44 \eMulti Hldgs 0.30 Win Holdings 2.54 \hmad Zaki Resou 1.85 \ic Corp 0.80 ijrasia Bhd 1.59 \kn Technology 0.61 \lliance Financi 3.00 \luminium Co 1.20 \malgamated Ind 0.49 \minvestment Grp unch Vnmb Hldgs
      2,287 words
    • Article
      Lock icon Drop cases against Suharto: lawmakers
      299 14 Bloomberg JAKARTA] Indonesian lawmakers belonging to the nation's biggest party said they want civil cases against former president Suharto, alleging he misappropriated state funds during his 32-year rule, dropped on health grounds. Golkar party lawmakers, including Parliament Speaker Agung Laksono, made the comments on Sunday
      Bloomberg  -  299 words
    • Article, Illustration
      Lock icon Gamuda voted top construction firm in Euromoney poll
      508 14  -  PAULINE NG By in Kuala Lumpur MALAYSIAN construction companies have come into their own in Asia, making up more than half the top 10 list of Euromoney's Best Managed and Governed Companies in Asia 2008 for construction services. Gamuda topped the list,
      508 words
    • Article
      Lock icon KL's fuel subsidy cuts to hit economy, anger voters
      714 14 Reuters [KUALA LUMPUR] Malaysia is likely to push through cuts in fuel subsidies this year as high crude prices burn a hole in its budget, but that risks depressing consumer spending and alienating voters in what may be an election year.
      – Reuters  -  714 words
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  • GREATER CHINA
    • Article
      Lock icon HK charges former Pacific Challenge boss, director
      202 15 Bloomberg They're accused of conspiracy to defraud and making false statements about share options [HONG KONG] The anti-graft agency of Hong Kong charged two former executives of Pacific Challenge Holdings Ltd yesterday for conspiracy to defraud and making false statements in relation to
      Bloomberg  -  202 words
    • Article
      Lock icon JP Morgan to add 700 staff in HK over 3 years
      591 15 Reuters Bank plans to move about half of its workforce to One Island East office [HONG KONG] US investment bank JP Morgan plans to add around 700 staff to its Asia-Pacific headquarters in Hong Kong over the next three
      Reuters  -  591 words
    • Article
      Lock icon Gold futures in China set for takeoff
      703 15 -Reuters But retail investors likely to stay away, given the risks, costs [SHANGHAI/BEIJING] In the world of Chinese finance, gold is everywhere. The roaring stock market has behaved like a "golden bull", successful asset managers are praised for their "golden fingers", and babies
      -Reuters  -  703 words
    • Article, Illustration
      Lock icon KNEED OF THE MOMENT
      84 15 [BEIJING] Students getting a lesson in correct posture by balancing books between their knees during an etiquette training class at a vocational school here yesterday. A small group of presentable vocational students, mostly between the ages of 16 and 18, are undergoing physical conditioning as well
      REUTERS  -  84 words
    • Article
      Lock icon China still not punching its economic weight – yet
      571 15 China still not punching its economic weight yet Reuters [BEIJING] Despite the clout that comes with double-dig-it economic growth and record foreign reserves, China has been wary of projecting its power on the global financial stage. Tantalisingly, that might be changing. Even as leaders keep their eye firmly on problems
      Reuters  -  571 words
    • Article
      Lock icon Beijing mulls over environmental tax plan for '08
      236 15 Xinhua [BEIJING] Chinese government departments of tax and environment will try to work out a taxation plan to promote environmental protection in 2008 and the candidate plans are now under appraisal. The environment tax, one of the key taxation policies China plans
      – Xinhua  -  236 words
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      42 15 Have a strong opinion on an issue? Contribute to the forum pages of the new, bilingual my paper SEND YOUR E-MAIL TO myp@sph.com.sg Lianhe Zaobao SIA-^ China Eastern deal: Bffiiaigy how to set a price for state-owned assets A "s*_&"»£ =£*£oN&fsi« lEail^nWig^
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      182 16 Yafriro Celebrer Le Temps Wishing All A Happy Prosperous 2008 Thank You For Your Continuous Support v___3 Jppfif^ l___S_3-fcw3ll!^__________^^ ___________________r _____F ___________________________________K_ 'Emiifm SVjflH Il__llll___. 11_______ _____H_l_4l^____ <4___r*tt Ki^JjPNy Jiiil^^iH____________-___El_!__i _^_W I^^S_S^_^__l___^^^^^^ l*""^sSii'^ 5 I |B*^| \l\\v\^___3_l-\?l_____ ______r^_Si_^_§^_ll_________t. -_-V ___r™^__?v. __H^__f J__3 sSmw F^___B___y'^ V "^^^vP^ _______f^___________JH ______> ______T' V^
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  • INDIA
    • Article
      Lock icon India a better bet than China for telecom firms
      411 17 Reuters vibrant Bollywood icene, demand for nusic is a big plus in he country's favour [MACAU/NEW DELHI] Phone companies hoping to boost profits by seeking growth in China's market for mobile data and other services take note: The world's largest telecom
      – Reuters  -  411 words
    • Article, Illustration
      Lock icon Govt defers gold jewellery hallmarking law
      485 17 Reuters [NEW DELHI] India has deferred implementation of a new law on hallmarking of gold jewellery to certify their purity after trade concerns that it would disrupt the world's largest gold market. "It has been deferred. We are not implementing it from Jan 1,"
      ■ Reuters; REUTERS  -  485 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7774 17 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.005/ Star Europe Bond 1.212/ Star Europe Bal 1.224/ Star Asian Tiger Eqty 1.616/ Star Asia Bond 1.248/ Star Asia Balanced 1.045/ Star Global Technology Fund!" 0.216/ MultiStFd 0.917/ Star Asia BondftJSD) 0.871/ Gib Multi St USD 1.152/ Asia
      7,774 words
  • Page 17 Advertisements
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      40 17 A HEALTHY PORTFOLIO NEEDS A BALANCED DIET jOV ■^'££V';^','v'-^^ P°r a perspective on how balancing your portfolio can help you deal with market __-t_l______. 'A'''^^O'^'pV r^''' '•■Cso%?&''' ''i^^^^^i^^^^^ Wh volatility speak to your financial advisor or visit www.franklintempleton.com.sg. FRANKLIN TEMPLETON
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon It's crunch time in New Hampshire
      518 18 -AP New survey shows Barack Obama opening a wide lead over Hillary Clinton [MANCHESTER, New Hampshire] Surging crowds and sharpening barbs preceded the climax of the New Hampshire primary campaign, as Democrat Barack Obama sought to hand Hillary Rodham Clinton her second defeat while
      -AP; AFP  -  518 words
    • Article
      Lock icon Gulf economies to expand faster, fuelling acquisitions
      514 18 -Bloomberg [DUBAI] The economies of the six Gulf Cooperation Council (GCC) states will expand at a faster rate in 2008 than last year, giving Arab sheikhs bigger surpluses to spend on overseas investments, EFG-Hermes Holding SAE forecast. Saudi Arabia's real rate of gross
      -Bloomberg  -  514 words
    • Article, Illustration
      Lock icon The heat is on
      434 18 SKIPPER Ben Galloway and his team on Liverpool 08 have slightly extended their lead but New York is within sight just behind. With a lead of just 13 miles and the New Yorkers breathing down their necks as they try to take the lead, the pressure
      Photo: ONEDITION  -  434 words
    • Article
      Lock icon Ex-Thai minister takes over as Asean chief
      557 18 AFP [JAKARTA] A former Thai foreign minister, Surin Pitsuwan, took the helm of South-east Asia's top political and economic grouping yesterday, saying he would keep alive the dream of the founders of the 40-year-old Asean. Mr Surin, a Muslim former academic and eighttime
      AFP  -  557 words
    • Article, Illustration
      Lock icon Several smaller parties pledge allegiance to PPP
      460 18  -  OUR CORRESPONDENT By in Bangkok THE tide seems to be moving against Thailand's military junta and in favour of ousted Prime Minister Thaksin Shinawatra as several medium-sized parties yesterday undertook to join a government led by the new People's Power Party (PPP). "We
      AFP  -  460 words
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      21 18 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg.
      21 words
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      Lock icon Page 18 Advertisements Column 2
      83 18 Frustrated by slow network or Internet access in your office? I Vmir <^j Worried about the confidentiality and integrity of your data? Concerned about security when you transact over the Internet? Faced with frequent virus or spam attacks even with the use of antivirus software? Wondering if you can prevent
      83 words
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  • AVIATION
    • Article, Illustration
      Lock icon Tiger, Jetstar special offers to launch S'pore-KL flights
      383 19  -  NISHA RAMCHANDANI 15,000 free seats on Tiger service; 1-for-1 offer for Jetstar's 14-city network TIGER Airways is offering 15,000 free seats to kick off its Singapore-Kuala Lumpur service. And Jetstar Asia announced a one-for-one promotion for its entire network of 14 cities.
      BLOOMBERG  -  383 words
    • Article
      Lock icon Qantas raises fuel charge
      190 19 Bloomberg [SYDNEY] Qantas Airways Ltd, Australia's biggest airline, will increase its fuel surcharge on international flights after crude oil prices last week surpassed US$lOO a barrel for the first time. The surcharge for tickets to the UK and Europe will rise to As2lo (*****) from AslBs,
      – Bloomberg  -  190 words
    • Article
      Lock icon EADS faces new problems with its A4OOM jet
      197 19 AFP By [BERLIN] The European aerospace giant EADS is facing new problems with its A4OOM military transport plane which could delay its maiden flight expected in July, a Germany weekly reported yesterday. "There are still loads of unanswered questions," a senior EADS
      AFP  -  197 words
    • Article
      Lock icon March deadline for take-off of China's first jumbo jet firm
      323 19 Xinhua Maiden flight of the ARJIII is scheduled for this year [BEIJING] China has set a March deadline to establish its first jumbo passenger aircraft company, as it moves to position itself among countries technically capable of manufacturing large jets.
      Xinhua  -  323 words
    • Article
      Lock icon Emirates ready to sell SriLankan Air stake
      229 19 AFP [COLOMBO] Emirates Airlines on Sunday announced it was willing to sell all or part of its near 44 per cent stake in Sri Lanka's national carrier after terminating its management contract with the carrier. "We would be interested in selling part or
      AFP  -  229 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2367 19 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,367 words
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      25 19 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. H
      25 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      321 19 CRYPTIC CROSSWORD across ir~i pn pn pn 3_p FH F~ I Find out bank's more generous(8) WWW m m 5 Seduce flipping boyfriend? 9 No Romeo! (6) Tackle for a very quiet (8) J!- 10 Meal's about done (6) II Stand dear French in split (8) 813B 13 I 12
      321 words
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  • AVIATION/SHIPPING
    • Article
      Lock icon S Korea to ban single-hulled ships from '11
      410 20 Bloomberg Move for earlier ban follows the country's worst oil spill after a collision last month [HONG KONG] South Korea will block all single-hulled vessels from entering its waters from 2011, five years ahead of its earlier plan, after a collision last
      – Bloomberg  -  410 words
    • Article
      Lock icon Commodity shipping costs may extend 5-week decline
      471 20 Bloomberg [SINGAPORE] Shipping costs for iron ore, coal and other commodities may extend a five-week decline as bottlenecks at Australian ports ease, freeing ships. The Baltic Dry Index (BDI), an overall measure of commodity shipping costs on different routes and ship sizes, fell
      Bloomberg  -  471 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        110 20 '000 Jan CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Labroy Marine MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.80 0.38 5.81 1.09
        110 words
      • Article
        Lock icon KLSE
        37 20 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Brid PDZ Holdings 1.12 9.75 9.75 4.40 3.04 0.26 0.19 unch -0.10 unch -0.08 -0.04 -0.01 0.01 54 651 318 667 153 5 66
        37 words
      • Article
        Lock icon BANGKOK
        12 20 ■oo ■recious Ship Jegional Cont .25.50 .28.00 0.50 -0.25 236i 18i
        12 words
      • Article
        Lock icon HONGKONG
        11 20 '000 Doil iingamas Cont .53.45 ...3.11 -1.90 -0.06 180: 119;
        11 words
      • Article
        Lock icon PHILIPPINES
        22 20 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 42.50 unch 1.98 unch -0.50 unch 0.18 8213 631 0 1
        22 words
      • Article
        Lock icon TAIPEI
        21 20 Evergreen Marine ....28.55 :irst Steamship 70.50 /Van Hai Lines 27.85 r"ang Ming Marine ..22.20 -1.80 -1.50 -1.35 -1.35 2: i:
        21 words
      • Article
        Lock icon TOKYO
        39 20 '000 (awasaki Hvy Ind ..303.00 -9.00 1625! (awasaki Kisen 961.00 -59.00 1731: Mitsubishi Hvy 444.00 -14.00 3145! Mitsui Eng&Sbldg ..396.00 -18.00 1232: MitsuiOsk Lines ...1283.00 -66.00 1336! Mippon Express 541.00 -9.00 385( MipponYusen 816.00 -16.00 877! iource: Reuters
        39 words
    • Article, Illustration
      Lock icon Shipping costs for oil may decline for eighth straight day
      389 20 Bloomberg [LONDON] The cost of shipping Middle East crude to Asia, the world's busiest route for supertankers, may fall for an eighth trading day as the number of vessels competing for cargoes rises. There are 100 very large crude carriers,
      – Bloomberg; FILE PHOTO  -  389 words
    • Article, Illustration
      Lock icon QE2 departs on its final global voyage
      285 20 -AP [LONDON] Queen Elizabeth 2, one of the world's most famous cruise ships, set sail on its final global voyage on Sunday, after which it will be transformed into a floating hotel in the United Arab Emirates. A fireworks display marked the vessel's
      -AP; FILE PHOTO  -  285 words
    • Article
      Lock icon Delta studying sale of Comair unit
      455 20 Bloomberg [CHICAGO] Delta Air Lines Inc, the third-biggest US carrier, said it's still studying a possible sale of its Comair regional unit even as a board committee considers merger alternatives. A tie-up with a rival and a Comair sale are among the most significant
      Bloomberg  -  455 words
    • Article
      Lock icon Hyundai Mipo bags orders for 283.7b won
      299 20 -Reuters, Bloomberg It will build six carriers for delivery by end of 2011 [HONG KONG] Hyundai Mipo Dockyard Co, a unit of the world's largest shipyard, received orders to build six petrochemical carriers to carry chemical products for a combined 283.7 billion won
      -Reuters, Bloomberg  -  299 words
    • Article
      Lock icon All Nippon wins more overseas passengers on holiday
      246 20 Bloomberg [TOKYO] All Nippon Airways Co won more overseas passengers during the New Year holiday period as Japan Airlines Corp, the country's biggest international carrier, flew fewer people. All Nippon Airways carried 142,022 passengers on overseas routes from Dec 28 to Jan
      Bloomberg  -  246 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Watch the US dollar's decline
      534 21 EUROPEAN Central Bank president Jean-Claude Trichet used the word "brutal" to describe the US dollar's recent decline against the euro. French President Nicolas Sarkozy has warned of an "economic war" (protectionism) erupting in the event of a further dollar slide. Things clearly could get a
      534 words
    • Article, Illustration
      Lock icon Race to the Oval Office throwing up surprises
      984 21  -  LEON HADAR The success of Obama also marks the decline of the older generation of the Baby Boomers IF A YEAR ago while at a party in Washington, you had contemplated over dinner that a Kenyan man's son whose middle name happened
      AP  -  984 words
    • Article, Illustration
      Lock icon Don't assume Republicans won't turn to scare tactics
      803 21  -  PAUL KRUGMAN -NYT THE BOTTOM LINE THE US unemployment report last Friday was brutally bad. Unemployment rose in December, while job creation was minimal and it's highly likely, for technical reasons, that the job number will be revised down, showing an actual
      -NYT  -  803 words
    • Article, Illustration
      Lock icon Asean at 40: looking back
      1084 22  -  EDUARDO PEDROSA Denis Hew's book is a valuable resource to policymakers responsible for making the vision of a single market a reality By THE adoption of a blueprint in Singapore last November to achieve a single market with the free flow of goods, services, investment
      AFP  -  1,084 words
    • Article, Illustration
      Lock icon America should heed the lesson of Japan's lost decade
      932 22  -  WILLIAM PESEK JR Bloomberg There are at least two reasons why the risk can't be dismissed: denial and easy money IN EARLY 2001, economist Stephen Roach raised a warning flag that enraged many peers: The US risks repeating Japan's mistakes of
      Bloomberg; AF  -  932 words
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  • FOCUS: TRENDS 2008
    • Article, Illustration
      Lock icon Trend-spotting in watershed year
      965 23 -IHT World is so well connected that word of trends in one place can spread across the world in minutes, reports ERIC PFANNER IN THE Internet era, keeping up with the Joneses, the news or whatever else is a lot easier than it used to be.
      -IHT; AP  -  965 words
    • Article, Illustration
      Lock icon It's rest of the world's turn to rule world of live audience
      730 23 -IHT IN odd-numbered years, America rules. In even-numbered ones, the rest of the world wins. So it goes in the world of sports, or at least in the statistic many sports marketers care about most: television viewing audiences.
      -IHT; AFP  -  730 words
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7239 24 Transaction date: Jan 7 al Dav < Last Quote Div GrYld Net M Can Hii Low Code Com[ Sale Hi. Low B'l Seller C'vr P/E Sinii 5716 1st Software i -i- i- 33 15.5 5834 A-Sonic 104 98 6389 ABF SG Bond ETF i- i II., 27 13
      7,239 words
    • Article
      Lock icon SGX XTRANET
      61 24 Hii Low Code Com| Sale ('OOP] Hii Low Bit Seller C'vr P/E $mi 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech US200cd US6200 250 80 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 ***** ***** 6170 SPDRS 3983 2975 6235 STI ETF 100
      61 words
    • Article
      Lock icon SGX CATALIST
      2094 24 Hii Low Code Comi Sale ('0001 Hii Low Bu1 Seller C'vr P/E $mi 30 11.5 1181 s AAGrp 41.5 20.5 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 3 1501 s Advanced System 70.5 15 1524 s Alantac 22.5 8.5 7814 s Albedo 46.5 28 5021
      2,094 words
    • Article
      Lock icon CLOB INTERNATIONAL
      202 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      202 words
  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      20 24 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. M Tel: 6238 6678 Fax: 6238 6676. Internet: http://www.audemarspigjet.com Pl-s^^^ ||PJ|l||||g
      20 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      368 25 In local curr In S$ In USS %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 4 World Index Preliminary 1099.6 -1.8 -0.1 -1.9 -2.4 -1.6 4.! EAFE Preliminary 1087.2 -2.1 -1.8 -1.9 -0.6 -1.7 6.! Euro[ Preliminary 1497.7 -1.9
      368 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      132 25 As at 9am Jan 7 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2460 1.2610 Can dollar 1.4260 1.4430 Euro 2.1050 2.1290 NZ dollar 1.0930 1.1170 Sterliri' ind 2.8140 2.8450 US dollar 1.4270 1.4440 Local dollars to 100 units of foreign
      132 words
    • Article
      Lock icon INTERBANK RATES
      163 25 Jan 7 $S_ Offer Bid Overnight 3/4 1-month 1 9/16 2-months 1 3/4 3-months 1 7/8 Overnight mode: 3/4 US$ Offer 5/8 1 7/16 1 5/8 1 3/4 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4 43 4.48 4.55
      163 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 25 Jan 7 STI SIMSCI Jan 409.4 410.9 406.4 Taiwan Jan 309.9 311.1 305.8 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      22 25 Jan 7 s: Bid Offer 1-month 1.4305 1.4316 2-months 1.4277 1.4288 3-months 1.4249 1.4261 6-months 1.4178 1.4191 Source: OCBC
      22 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      158 25 Jan 7 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2493 1.2504 0.8708 0.8710 Canadian dollar 1.4240 1.4252 0.9926 0.9928 Euro 2.1037 2.1056 1.4663 1.4667 NZ dollar 1.0942 1.0958 0.7627 0.7633 Sterlim md 2.8206 2.8228 1.9660 1.9663
      158 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      343 25 Jan 7 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES MarO8 JunO8 SepO8 DecO8 96.010 96.495 96.765 96.890 0 0 0 0 ***** ***** 8313 4024 EUROYEN FUTURES MarO8 99.245 99.245 JunO8 99.310 99.315 SepO8 99.295 99.305 DecO8 99.240 99.245 MarO9 99.190B JunO9 99.130B SepO9 99.070B DecO9
      343 words
    • Article
      Lock icon SICOM FUTURES
      291 25 Jan 7 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest FebO8 Mar 08 Apr 08 May 08 JunO8 Jul/Sep 08 377.50 382.50 388.25 392.50 393.25 394.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open Interest
      291 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 25 Jan 7 AS CS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound US! Australia 0.877 6.331 0.594 6.793 34.209 82.344 0.952 8.190 2.857 1.141 54.039 35.711 1.250 5.998 0.971 28.279 29.040 0.443 0.871 Canada 1.140 7.217
      468 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      88 25 Jan 7 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****E 10.04.08 1-Year BY*****A 29.09.08 1.76 1.81 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Hie Day's igh Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****X
      88 words
    • Article
      Lock icon PRECIOUS METALS
      140 25 Jan 7 GOLD (USS/oz) Jan 04 Jan 07 Hong Kong London 859.50 857.00 860.50 858.00 Jan 03 Jan 04 861.60 857.60 862.30 858.30 Source: Reuters CAST BAR (S$) Jan 07 Buying Sellini Kilobar "42,430.85" ***** PAMP GOLD BARS (S$) Selling Buying Igm 5gm lOgm 20gm 50gm lOOgm 1
      140 words
    • Article
      Lock icon SIBOR
      76 25 Jan 7 1 mth 2 mths 4.***** 1.***** 6 mths 2.***** 9 mths 2.***** 12 mths 2.***** 4.***** 2.***** 3 mths 4.***** 2.***** 6 mths 9 mths 12 mths 4.***** 4.***** 3.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3yrs 2.***** 4yrs 2.***** 5yrs
      76 words
    • Article
      Lock icon CHICAGO BOT
      101 25 SOYBEANS (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low Jan 08 1249.00 1251.50 1249.50 1238.00 Mar08 1262.50 1267.50 1264.50 1251.00 May 08 1279.50 1284.50 1282.00 1269.00 Jul 08 1289.75 1291.00 1291.00 1277.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 08 50.55 50.50 50.55 50.10 Mar08 51.18
      101 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 25 CRUDE OIL PRODUCTS Jan 4 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 96.83 -1.42 WTI (Near Mth) 97.85 -1.27 Dubai (1-Mth F) 91.84 -0.29 Tapis blend 102.35 -0.6 Minas 100.7 -0.5 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 96.30 113.05 -0.65 -0.9 US$/barrel Opec Oil
      76 words
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      Lock icon LONDON METALS
      68 25 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2417.50 2458.80 3 months 2466.00 2505.00 Copper, Grade A (US$/tonne) Cash 3 months 6873.50 6910.00 6932.00 6970.00 Lead (US$/tonne) Cash 2595.50 3 months 2601.00 2664.00 2670.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3 months *****.00
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      Lock icon LIFFE
      79 25 Jan 4 COCOA (Btonne) Close Prev Hii ih/Low Mar 08 1076 1086 1090/1065 May 08 1094 1104 1106/1083 JulO8 1124 1134 1136/1115 SepO8 1102 1109 1110/1098 COFFEE (US$/tonne) Close Pev High/Low Jan 08 1914 1912 1921/1905 Mar 08 1946 1948 1963/1930 May 08 1966 unch 1981/1949 JulO8 1979 1978
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      Lock icon PALM OIL
      66 25 Jan 7 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Jan 08 3120 3170 3170 3120 441 1394 Feb OS 3115 3190 3190 3090 2251 6359 Mar 08 3110 3188 3188 3084 8976 ***** Apr 08 3105 3180
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      Lock icon BONDS & WARRANTS
      2154 25 BONDS WARRANTS el lode Company Last Vol Conv Exer Sale +or- ('000) Ratio Price Prem Expiry Disc Gear- Mths ing Left !036Advance SCT Ltd W*****9 27 -3 154 1 87 23 3.44 31 !747Allgreen RB ECW*****1 3 -2.5 130 0.5 163 !798Ascendas RE IT SGA ECW*****3 ...6 -2.5 3250 1
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      2725 26 m The Business Times Shipping Times ___nirvi _________Ui«________-_____lM£Xi3UM________ii9ju_J_________l 1 V fVll^ ___K]JlTi !l [nil I 7 41 I a __rt 111VI tl-Lr: 11 ___BS__T!S______BtH!R!Sß!!liTß _____W__IMMIN_M_MMIiiH ___p4,wWn-¥*f'___nF|Mn*fil______l *1 fiTST, A A TM 11 fc -11"^" 11 H**jraa______________________________i _wihm__.li linS-HBinaai _KH_T_IHMILH_PIIMH.riI 1 r\ v» 1 a //~> UK CONTINENT SERVICE U.S.A SERVICE
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      3232 27 WAN HAI INTERNATIONAL PTE LTD _P££®l Hfl ___fl __fl .HI fH^ ff^ Jt^ %T__l\ IAIA Ikl UAI I llirr TEL *****588 (14 LINES) FAX: *****163 BlfSlß E9 KSS E9 BB WS' L_» ii o6fW \\NM 1 WAN HAI lIMtS Customer ServKe/_-ok_igsD»«l line-(1800) *****200 T fn*P4^ r nl roo 0 rr
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      2861 28 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n
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  • PROPERTY
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      Lock icon S'pore occupancy costs up 106%
      595 29  -  UMA SHANKARI This makes it 13th most expensive place to work in: DTZ report By OCCUPANCY costs in Singapore have soared 106.4 per cent over the past year among the highest increase across the 137 locations surveyed according to a new report. This means that
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      Lock icon China probes foreign investment in property
      205 29 AFP [BEIJING] China has launched a nationwide probe into foreign investment in the red-hot real estate market, state media said yesterday, while mulling new measures should existing limits prove ineffective. The State Administration for Industry and Commerce at the end of November had ordered
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      Lock icon Beijing cracks down on hoarding of land
      282 29 Reuters [BEIJING] China took aim yesterday at real estate developers that hoard land in the latest government initiative to increase the supply of housing and curb property inflation. Land acquired from local governments that goes undeveloped for more than a year will be
      ■ Reuters; AFP  -  282 words
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      Lock icon Sers residents approve consultancy exercises
      266 29 EFFORTS to build more cohesive public housing communities seem to have paid off. Most of the 500-plus households involved in two recent consultation exercises deemed them effective, encouraging similar exercises in the future. The consultations, announced in July last year by the Forum on HDB
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      236 29 For Sale Prime Industrial Building At Alexandra Terrace 6 Storey Building Land Area 13,601 sqft (approx) Gross Floor Area: 30,475 sq ft (approx) Tenure Freehold Near future circle line MRT Sold with vacant possession www.savills.com.sg For Sale Detached Factory Off leng Kee Road Land Area 23,991 sqft (approx) Built-in Area
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      108 29 Id J BZ&tfv7*^il*!* Vs&!_t* i -IT"" j I i^Tatflff^pffiffT^'i -^^B___ 9| _________________________p*"; ~^^*4HHK_^_K. 2 sty bungalow Swimming pool Approx 26,000/5,5005f Spacious Patio 4 rooms Privacy Greenery Astrid Hill 23,0005f Fourth Ave 26,0005f Belmont Rd 15,0005f GarlickAve 11,000sf BinjaiPk 25,0005f Oriole Cres 10,000sf BrizayPk 17,0005f PeirceDr 32,0005f BtSedap 15,5005f Queen Astrid
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      143 29 For Sale Prime Industrial Land At Pasir Panjang Road Land Area 34,787 sq ft Tenure Freehold Near future circle line MRT Sold with vacant possession www.savills.com.sg ____________B Holiday mn ~~1 United House c^> Kramat Lane kramat rd Auction 16/1/2008 C_ Qiihiprt Corner Office Space 5 Hotel Grand OUDjeci Olie c_-h-.„.
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      23 29 HOT IPO Attract more interest from investors. Place your IPO notice in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. MATS NOTICES
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