The Business Times, 15 January 2008

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Total Pages: 30
1 30 The Business Times
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  • Title Section
    Lock icon Masthead
    22 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times.asial.com.sg •V A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Tuesday, January 15,2008
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  • Article
    Lock icon Top IT, telco managers command top dollar
    533 1  -  CHUANG PECK MING Competitive Spore retail sector also pays its top honchos well: Hudson study By [SINGAPORE] Information technology and telecommunications (IT&T) is where the big bucks are at least in Asia. Top managers in this sector are the most handsomely paid in
    533 words
  • MARKETS DIGEST
    • Article
      Lock icon PRIME RATES
      29 1 Bloomberg 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  -  29 words
    • Article
      Lock icon MARKETS
      47 1 Moncla' Cham KL COMP 1,507.04 -9.18 NIKKEI 225 14,110.79 -277.32 HANG SENG 26,468.13 -398.88 SET INDEX 791.15 -5.32 JAKARTA COMP 2,810.37 -19.89 MANILA COMP 3,482.28 -21.42 SEOUL COMP 1,765.88 -16.39 SHENZHENB 724.50 +2.65 MUMBAI IND 20,728.05 -99.40 11AM EDT Change 12,751.40 +145.10 DOW NASDAQ 2,471.26 +31.32
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    • Article
      Lock icon FOREX
      39 1 US$ S! IS$ (S$ US$1 1.431 (US$/S$ ii 1.963 2.80I ;URO(USS/S$/E) 1.487 2.12' 'EN 108.20 75.7I 3.258 2.27: N<$ 7.806 5.45! !AHT 33.13 23.1 1UPIAH 9,437 6,59! 1ENMINBI 7.254 5.07. INDIAN RUPEE 39.28 27.4' 1.116 0.78I 1.271 0.88!
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  • Article, Illustration
    Lock icon Converting hotels into condos just got harder
    841 1  -  KALPANA RASHIWALA Rules to ensure that sites zoned as hotels are not switched to other uses By [SINGAPORE] Redevelopment plans involving the likes of Four Seasons Hotel along Orchard Boulevard and Negara on Claymore may have to go back to the drawing board
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      45 1 COMPANIES I |JSi:S t |yH||n HOLLYWOOD fIH I WATERFRONT I SME SPOTLIGHT Chemoil appoints wSfe Golden Globes %^jL HOMES Genovate thriving new CEO 1 minus the glitz Km ThedrawofTelokßlangah, on ideas page 8 HMHI BjpifcriiM page 19 i^J 1 Harbour Front page 4 page 11
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  • TOP STORIES
    • Article
      Lock icon ICIL to reassess value of Tokyo exchange stake
      648 2  -  LYNETTE KHOO Company looking into issues raised by BT commentary on assumptions made By [SINGAPORE] International Capital Investment Ltd (ICIL) is reassessing the value of its stake in Japan Asia Holdings Japan (JAHJ) the single largest shareholder of the Tokyo Stock Exchange
      648 words
    • Article, Illustration
      Lock icon Emerging market firms poised to drive mergers, acquisitions: Citi
      676 2  -  CHOW PENN NEE China, India, SWFs also set to dominate corporate finance By [SINGAPORE] Activity in mergers and acquisitions (M&A) is likely to be driven by corporations in emerging markets, rather than US firms, in the year ahead, a Citi report
      FILE PHOTO  -  676 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Telok Blangah, HarbourFront set for more waterfront homes
        73 2 MORE waterfront homes, some tucked into the lower part of Mount Faber, could spring up in the Telok Blangah and Harbour Front precincts under Master Plan 2008, according to a recent study by Jones Lang LaSalle. The impetus for more intensive use
        73 words
      • Article
        Lock icon SPH posts Q1 net profit of $111.9m
        62 2 SINGAPORE Press Holdings yesterday reported a 1.3 per cent year-on-year rise in net profit to $111.9 million for its first quarter ended Nov 30, 2007. The profit rise was despite a 66.9 per cent fall in investment income from $29.7 million to $9.8
        62 words
      • Article
        Lock icon Pacific Shipping Trust sees 15% rise in fleet value
        64 2 PACIFIC Shipping Trust's current portfolio of eight ships has been valued at US$2B7 million. This is 15 per cent higher than the book value and nearly 6 per cent higher than the total purchase price. The valuation was done by independent
        64 words
      • Article
        Lock icon Atrium @ Orchard up for grabs with $1b price tag
        80 2 Atrium Orchard up for grabs with $1b price tag ACTIVITY in the office market looks set to continue. The Singapore Land Authority yesterday launched The Atrium Orchard with a fresh 99-year lease and a price tag above $2,700 per sq ft or just over $1 billion. And Capita Land and
        80 words
      • Article
        Lock icon Goldman Sachs cuts Asia's growth forecast
        74 2 GOLDMAN Sachs Group has lowered its growth forecast for Asia on concern that an expected US recession will erode demand for the region's exports. Asia, excluding Japan, will expand 8.3 per cent this year, down from an earlier estimate of 8.6 per cent, Hong
        74 words
      • Article
        Lock icon Economic growth likely to hit 6.5%: M'sian minister
        70 2 MALAYSIA'S government said that economic growth this year will probably be at the top of its forecast as higher domestic spending more than offsets a slowdown in the US. Second Finance Minister Nor Mohamed Yakcop said yesterday that he is "confident" that
        70 words
      • Article
        Lock icon China increases penalties for price-fixing to fight inflation
        61 2 CHINA'S Cabinet yesterday sharply increased penalties for price-fixing, expanding an anti-inflation campaign that has failed to cool a surge in politically sensitive food costs. Companies that hoard goods or try to fix prices can be fined up to one million yuan (*****,000),
        61 words
      • Article
        Lock icon Concerns raised as retail space turns competitive
        70 2 DTZ Debenham Tie Leung has raised some concerns about the market for retail space turning competitive as more developments are completed in the next few years. It said that while occupancy in the retail market remained high at 90 per cent, there were
        70 words
    • Article, Illustration
      Lock icon Telok Blangah, HarbourFront set to get more waterfront homes
      1019 4  -  KALPANA RASHIWALA But areas closest to Mt Faber unlikely to achieve much higher plot ratios: JLL By [SINGAPORE] More waterfront homes, some tucked into the lower part of Mount Faber, could spring up in the Telok Blangah and Harbour Front precincts
      Based on Master Plan 2003  -  1,019 words
    • Article, Illustration
      Lock icon Markets brace for news of big losses by banks
      718 4 -Reuters Citigroup could write off USs24b, lay off 20,000 staff [LONDON] Major American banks are expected to unveil substantial losses and secure more cash from abroad in what is shaping up to be a pivotal week for the global credit crisis.
      -Reuters; AP  -  718 words
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      420 2 m\ l^^£W\r" Mr Sofyan Suryana joined the Live Freely Seminar in end June 2007 m EBOE NYSE Area <&ii ffiSSSS- to learn from the No. 1 money and stock options coach Dr. Clemen Options Chiang. As a business owner and director of several successful m} companies in Indonesia, he has
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      7 2 I 'X^i'J JL^^B 111 iJr£^r»T^^*j |tj U\
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon SPH posts 1.3% rise in Q1 net profit to $111.9m
      459 5  -  CHOW PENN NEE Profit before investment income surges 19.8% to $126.5 m By SINGAPORE Press Holdings (SPH) yesterday reported a 1.3 per cent year-on-year rise in net profit to $111.9 million for its first quarter ended Nov 30, 2007. The
      459 words
    • Article
      Lock icon Qian Hu Q4 earnings surge 81.6%
      416 5  -  CHEW XIANG By KICKING off the results season, ornamental fish breeder Qian Hu yesterday announced an 81.6 per cent year-on-year surge in fourth-quarter net profit to $1.58 million. The net profit for the three months ended Dec 31, 2007, translated to earnings per share
      416 words
    • Article
      Lock icon BT's circulation up 13%
      104 5 THE Business Times saw yet another rise in circulation -by 13 per cent for the three months ended Nov 30 last year. The growth was second to the 13.5 per cent of TamilMurasu, another daily newspaper in Singapore Press Holdings' stable. The circulation figures were disclosed
      104 words
    • Article
      Lock icon SGX queries: is volume a factor?
      729 5  -  R SIVANITHY HOCK LOCK SIEW By IT'S never a simple task to pinpoint reasons for sudden, large moveI ments in stock prices. The job is I made all the more difficult given the I spike up in volatility over the past 2-3 months caused
      729 words
    • SINGAPORE MARKETS
      • Article, Illustration
        Lock icon Eyes on charts as ST Index slips
        592 6  -  R SIVANITHY STOCKS Weak sentiment prevails; STI, after moving in tandem with HK's Hang Seng Index, collapses 69.20 points to 3,218.14 CHART analysis has sometimes been frowned upon by more academically inclined market players who prefer to base their investment decisions on fundamental
        : Bloomberg  -  592 words
      • Article
        Lock icon SECURITIES TRADING SCOREBOARD
        102 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch lulti Ind 1 12 5 0 0 0 1 12 5 lanufacturing 18 144 47 18 17 23 162 64 Commerce 47 17 15 10 62 21 "pt/Stor/Comms 28 10 30 :inarece 24 24 Construction
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      • Article
        Lock icon SECURITIES TRADING TURNOVER
        123 6 TURNOVER ('000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 23.686 23.686 111.911 111.911 Manufacturing 400.243 46.373 446.616 431.198 7.292 438.490 Commerce 124.072 5.207 129.279 98.613 893 99.506 Tpt/Stor/Comms 161.207 727 161.934 479.975 261 480.235 Finance 52.734 40 52.774 510.254 510.263 Construction 67.163 21.280 88.443
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      • Article
        Lock icon STRAITS TIMES INDEX STOCKS
        114 6 Stock name Close Cham CapitaLand 5.750 -0.250 CapitaMall 3.080 -0.010 CityDev 11.780 -0.680 Cosco Corp 5.130 -0.370 DBS Grp 19.240 -0.600 F&N 5.350 -0.150 Gent Intl 0.650 -0.010 HK Land 4.780 +0.090 JSH 15.640 +0.040 Jardine C&C 22.140 +0.180 Keppel Corp 12.340 -0.440 Keppel Land 6.560
        114 words
      • Article
        Lock icon BROKERS' TAKE
        351 6  -  UMA SHANKARI Straits Asia Resources Jan 14 close: 53.00 MACQUARIE RESEARCH, Jan 11 STRONG production outlook and reserve upgrades: We believe production will increase about five times over the next four years on the back of the recently announced acquisitions and approval of the Cagar Alam boundary. These
        351 words
      • Article, Illustration
        Lock icon Triangle formation points to further slide
        328 6  -  KEN TAI CHEE MING, CHARTPOINT THE market is struggling to stay above the 3,300 support level and our initial take for a double-bottom formation in December 2007 rebounding off the 3,300 low is now at risk. Each rebound wave has turned weaker, and we
        Kirn Eng Research  -  328 words
      • Article, Illustration
        Lock icon US$ falls sharply ahead of key data
        505 6  -  LARRY WEE CURRENCIES US$ at historic lows FRESH losses on Wall Street last Friday combined in ugly fashion with talk of more aggressive US interest rate cuts to punish the US dollar in Asian trading yesterday. Gold leaped 2.4 per cent to close
        Source: Reuters  -  505 words
      • Article, Illustration
        Lock icon STRAITS TIMES INDEX
        4 6 DAILY
        4 words
      • Article
        Lock icon OTHER SINGAPORE INDICES
        50 6 Jan 14 VALUE CLOSE -1294.00-388.00 BT OB/OS BT CADI -*****.00-372.00 BT 10-day MA -*****.00-130.00 FTSE ST Mid Cap 830.95 -15.25 FTSE ST Small Cap 782.27 -25.15 FTSE ST All Share 838.74 -18.73 FTSE ST China 652.92 -41.12 SIMSCI 393.11 -8.31 SIMSCI Futures 394.20 -6.10 PrimepartnersCI 208.68 -10.27
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      • Article
        Lock icon MOST ACTIVE STOCKS
        53 6 VOLUME Yanqzijianq 49,160,000 SingTel 47,238,000 DBS DBeCW*****0 42,081,000 CapitalandDBeCW*****1 40,440,000 Chasen 37,832,000 FirstRes 33,093,000 ChinaAElec 32,355,000 China Honqxinq 29,951,000 Abterra 28,383,000 JES 26,391,000 VALUE(S) SingTel 189,573,720 DBS Grp 171,009,938 Capita Land 133,686,410 SGX 125,933,506 OCBC Bk 105,264,519 UOB 89,747,520 Cosco Corp 86,457,170 Yanqzijianq 78,553,258 STXPOKW100 68,874,850 Keppel
        53 words
      • Article
        Lock icon Irises
        107 6 CLOSE UP GLD 10US$ 9100 271.6 2.1 Wilmar DBeCW/*****1 108 61.5 132.3 JMH 2770 28.6 0.7 Jardine C&C 2214 18.0 0.8 Parkwa 1 Hid. 400 14.0 3.6 Petra 156 14.0 9.9 Star Hub 297 13.0 4.6 HK Land 478 12.9 1.9 OCBC BkDBePW*****8 35 12.0 52.2 Great Eastern 1670
        107 words
      • Article
        Lock icon FALLS
        120 6 CLOSE DOWN China H 10US$ 1987 -90.1 -3.1 lit 1178 -68.0 -5.5 DBS Gri 1924 -60.0 -3.0 UOB 1822 -52.0 -2.8 Kej Con 1234 -44.0 -3.4 SGX RB eCW*****8 16.5 -38.5 -70.0 S I A 1592 -38.0 -2.3 Cosco Con 513 -37.0 -6.7 SGX 1076 -34.0 -3.1 SIA 200
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      • Article
        Lock icon CURRENCIES
        85 6 Wh lere! S$ stands (an 14 CHNG CLOSE FRJan11 YR 2008/07 S$ LOW S$ HIGH uss 1.4287 0.20 1.5479 1.4257® Euro 2.1285 -0.65 2.1639 1.9913 Pounds 2.8035 -0.33 3.1194 2.7885 AS 1.2827 -0.12 1.3555 1.1741 Yen* 1.3262 -0.97 1.3821 1.2285 Rupiah* 0.***** 0.20 0.***** 0.***** Baht* 4.3124 0.20 4.5700
        85 words
    • Article, Illustration
      Lock icon Pacific Shipping Trust sees 15% rise in fleet value
      463 7  -  VINCENT WEE Independent broker values its portfolio of 8 ships at USs2B7m By PACIFIC Shipping Trust's (PST) current portfolio of eight ships has been valued at US$2B7 million. This is 15 per cent higher than the book value and nearly 6
      463 words
    • Article
      Lock icon Holcim pays US$3.8m for 50% stake in ecoWise unit
      241 7  -  QUAH CHIN CHIN By WASTE management company ecoWise Holdings has formed a joint venture with Holcim (Singapore), a whol-ly-owned subsidiary of cement, crushed stone, gravel and sand supplier Holcim. Holcim Singapore will pay US$3.B million for a 50 per cent stake
      241 words
    • Article
      Lock icon Bio-Treat makes headway in fight with ex-chairman
      485 7  -  LYNETTE KHOO By L 810-TREAT Technology is making progress in its courtroom battle with ex-chairman Wing Hak Man. The wastewater treatment firm said yesterday that it has begun legal proceedings against Mr Wing and ex-financial controller Zhao Mm in Shanghai for their refusal
      485 words
    • Article
      Lock icon Ellipsiz's profit warning
      168 7 Reuters SINGAPORE microchip equipment maker Ellipsiz said on Sunday it expects significantly lower profits for the six nonths to December 2007, compared to the $10.9 million t earned in the same period a year ago, due to a sharp irop in chip prices. "The first six months
      ■ Reuters  -  168 words
    • Article, Illustration
      Lock icon Bandy appointed Chemoil CEO, chairman
      604 8  -  RONNIE LIM He was the company's lead independent director; has 35 years' industry experience By MARINE fuels supplier Chemoil has appointed Clyde Michael Bandy an experienced oil industry hand to take over as its chairman and CEO, following the tragic demise of founder Robert Chandran.
      604 words
    • Article, Illustration
      Lock icon ICT entrepreneurs can tap $2.3m SingTel scheme
      419 8  -  ONG BOON KIAT By BUDDING infocomm technology (ICT) entrepreneurs can now tap a new free resource to help turn their ideas into commercial reality. Launched yesterday, the $2.3 million Sing Tel Partner Programme will provide eligible developers with equipment that they can use
      419 words
    • COMPANY BRIEFS
      • Article
        Lock icon Hoe Leong to buy 60% of Supreme Energy
        111 8 HOE Leong Corp is acquiring shares in Supreme Energy Pte Ltd (SEPL), a company engaged in owning, chartering and managing offshore equipment. The company will invest US$6OO,OOO for 60 per cent of SEPL, which is in the process of acquiring a steel
        111 words
      • Article
        Lock icon Jets Technics net loss widens to HK$13.7m
        97 8 JETS Technics International Holdings yesterday declared a net loss of HK$l3.7 million (552.5 million) for the six months ended Nov 30, 2007 a widening of the net loss of HK$6.O million seen for the corresponding six months in 2006. The greater loss was
        97 words
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      200 5 Call for entries 2008 The internationally renowned Seatrade Awards scheme, judged by a panel of industry leaders under the chairmanship of the IMO, has been the toast of London's maritime social calendar for the past 20 years, often dubbed "The Oscars of Shipping". A Middle East and India Subcontinent version
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      710 7 mmmmmmmmmmmmmmmmmmmmmM i l If you are facing any of the following: \ms Slow network or Internet access in your office Concern over the confidentiality and integrity of your data Failure to send/receive emails from important contacts Loss of productivity as a result of virus or spam attacks Uncertainty on security
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      432 8 ■♦1 Introducing Singapore's first Investment Warrants. Macquarie Investment Warrants* Macquarie, Singapore's largest warrant issuer, launches another innovation. Investment Warrants Indicative price Expiry date warrants give you the ability to buy shares in two instalments. With long expiry dates DBS MBL iCWOBI23O $7.32 Dec 2008 dividend equivalent payouts and low holding
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      1104 9 Unaudited Results for the First Quarter ended November 30, 2007 (Extract) I ill Sm 111 V^ fe^gg^kq BBte.!t; JUT^ x^W^ W I J I I iC m m 111 ft l^^^^w IL l\ >@H m«0 SI Mi -M. .A. -M- X BT^^^a B^^Z^Br WSk^^^SM SB^H FINANCIAL HIGHLIGHTS SPH REPORTS FIRST
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  • SINGAPORE NEWS
    • Article
      Lock icon Freehold GCB site off Holland Road on sale for $41m
      263 10 A FREEHOLD good class bungalow (GCB) development site at 11 Ford Avenue has been put up for sale and the indicative price is $41 million. This works out to about $893 per square foot for the 45,894 square feet site
      263 words
    • Article, Illustration
      Lock icon The Atrium @ Orchard up for sale at over $1b
      482 10 The Atrium Orchard up for sale at over $1b Separately, Hitachi Tower said to have changed hands for record $3,000 psf ACTIVITY in the office market looks set to continue. The Singapore Land Authority (SLA) yesterday launched The Atrium Orchard with a fresh 99-year lease and a price tag above
      482 words
    • Article
      Lock icon New Orchard MRT passageway set to dazzle
      407 10  -  TAN SEO YEAN Opening today, the entrance-exit will link station to lON Orchard By BE ready to be greeted by friendly ushers and, if you are early enough, the aroma of a free cup of coffee will make your day too as you
      407 words
    • Article
      Lock icon KhattarWong opens in fast-growing Vietnam
      449 10  -  CONRAD RAJ By WITH competition getting more intense as Singapore liberalises its legal sector, one of the island's biggest practices has expanded overseas. KhattarWong recently became one of the few foreign law firms to have a stand-alone operation in Vietnam, a fast-growing economy where Singapore
      449 words
    • Article
      Lock icon New Murdoch, SMa study centre to offer double-major degrees
      200 10 MURDOCH University has teamed up with the Singapore Manufacturing Federation (SMa) School of Management to set up a study centre offering double-ma-jor degrees across 15 disciplines. The Murdoch International Study Centre will offer majors within the Australian university's undergraduate programmes, which
      200 words
    • Article
      Lock icon UPS launches products for Asian users
      167 10 UPS has rolled out eight products aimed specifically at Asian users. They are meant to simplify global trade for Asian companies conducting business internationally and are available in Singapore from this month. They can be divided into a suite of three services for shipping
      167 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon NTU to collaborate with IIT Kanpur
        58 10 NANYANG Technological University has agreed to collaborate on research with the Indian Institute of Technology Kanpur. Areas of collaboration will include staff and student exchanges, research, and short visits to either institution by staff and graduate students. It is hoped that there could be
        58 words
      • Article
        Lock icon DOS conducts Household Survey
        81 10 THE Singapore Department of Statistics, which started conducting the ninth Household Expenditure Survey in October, will survey the 9th and 10th groups of households for a period of two weeks from Jan 21 to Feb 4. The survey groups will cover areas in Jurong East, Taman
        81 words
      • Article
        Lock icon Boston Consulting names new head
        77 10 THE Boston Consulting Group (BCG) announced yesterday that it has appointed Jeffrey Chua as the new head for BCG Singapore. Mr Chua, a partner and managing director, joined the consultancy in 1999, and has worked with local and international clients in South East Asia mainly
        77 words
      • Article
        Lock icon New chairman for Hotels Licensing Board
        61 10 A NEW chairman has been appointed for the five-member Hotels Licensing Board, the Ministry of Trade and Industry said yesterday. A Balasubramaniam Reddy has taken over from Toh Han Li as chairman with effect from Jan 2, 2008. Mr Reddy, whose appointment is for
        61 words
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      48 10 f v Text A Brand New Year. A Brand New 91.3. A Brand New Nokia 5310 XpressMusic Phone? Tune into The Zone with Jeremy, weeknights from BPM till 12MN to find out more |wWW:R tADIO9I3?CPm| Lianhe Zaobao Hew laliour law worker-employer relations tense in many parts of China
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  • SMEspotlight
    • Article, Illustration
      Lock icon Thriving on ideas in a new era
      875 11 IT firm Genovate Solutions believes in finding fresh ways to differentiate key strategies, reports QUAH CHIN CHIN IMAGINE a system "intelligent" enough to track a customer's location, analyse the customer's profile and purchasing habits, and send promotional SMS-es specifically targeted at him or
      875 words
    • Article, Illustration
      Lock icon China Farm eyes bumper profits
      801 12 SMALL CAPS Demand for its farm equipment set to grow amid urgent need to mechanise China's grain production, reports OH BOON PING CHINA Farm Equipment, which makes harvesters, ploughs and diesel engines, may be looking at bumper profits in future, even though the amount of
      801 words
    • Article
      Lock icon Small cap stocks slide downward
      386 12  -  TEH HOOI LING By THE bottom fell off many small cap stocks as more and more bad news came from the US economic front. The new revamped Straits Times Index (STI) fell 4.6 per cent in the week to yesterday.Our portfolio, meanwhile, dropped 8.6 per
      386 words
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      300 11 ARTHUR LEE Panasonic <ffiasg^ ideas With the New ISPRI Solution, you can now take advantage of the most complete telecommunication service for your business needs with the KX-TDA3O Hybrid IP-PBX System. Enjoy Individual DDI number for every extension, caller ID number display for incoming and outgoing calls. Maintain high productivity
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      2299 12 n*iv aai^^v^^^Ki >-». a v»* IN THE MATTER OF PNE MICRON HOLDINGS LTD 01, j P p J (Incorporated in the Republic of Singapore) AND \r 2. ~y (Company Registration Number: *****5909M) IN THE MATTER OF —**tw Registered Office: 996 Bendemeer Road #07-06 Singapore *****4 POWERSTMO INVESTMENT (IN VOLUNTARY LIQUIDATION)
      2,299 words
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  • ECONOMY WATCH
    • Article
      Lock icon China may be cooling off at the wrong time
      438 13 Bloomberg Global economy will take double hit if US goes into recession [PARIS/BEIJING] China is starting to gain control of its turbocharged economy, just as a US slowdown raises the risks of doing so. A narrowing trade surplus and declining moneysupply
      Bloomberg  -  438 words
    • Article, Illustration
      Lock icon Bernanke seen showing FOMC hawks who's boss
      521 13 -Reuters NEWS ANALYSIS [WASHINGTON] Slammed for being too academic in the face of a possible US recession, Federal Reserve chairman Ben Bernanke last week delivered the leadership demanded by his critics and offered a clear commitment to cut interest rates to lift growth.
      -Reuters; REUTERS  -  521 words
    • Article
      Lock icon BOJ in dilemma over interest rates; battle looms over Fukui successor
      594 13  -  ANTHONY ROWLEY By J in Tokyo THE Bank of Japan's policy board faces a major dilemma when it meets next week one of the last meetings that governor Toshihiko Fukui will preside over before stepping down in March. Signs
      594 words
    • Article
      Lock icon Goldman Sachs cuts Asia's growth forecast
      615 13 Bloomberg Expected US recession seen eroding demand for region's exports [SINGAPORE] Goldman Sachs Group has lowered its growth forecast for Asia on concern that an expected US recession will erode demand for the region's exports. Asia, excluding Japan, will expand 8.3 per cent this
      Bloomberg  -  615 words
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  • MALAYSIA/INDONESIA
    • Article
      Lock icon Economic growth likely to hit 6.5%: M'sian minister
      381 14 Bloomberg But Goldman Sachs lowers forecast to 5.2%, cites US woes [KUALA LUMPUR] Malaysia's government said that economic growth this year will probably be at the top of its forecast as higher domestic spending more than offsets a slowdown in the US.
      Bloomberg  -  381 words
    • Article
      Lock icon KL panel rejects call to drop 3 members
      296 14 AP [KUALA LUMPUR] A high-level Malaysian panel investigating a scandal over the alleged brokering of judgeships rejected a call by lawyers yesterday for three of its members to step down because of concerns about their impartiality. The lawyers' call came as a
      AP  -  296 words
    • Article
      Lock icon Suharto's strong will to live surprises doctors
      255 14 -AFP [JAKARTA] Doctors said yesterday that former Indonesian president Suharto's strong will to live had taken them by surprise as he clung tenaciously to life in hospital, hooked up to a breathing apparatus. The octogenarian, who ruled Indonesia for 32 years, suffered multiple
      -AFP  -  255 words
    • Article
      Lock icon Genting to raise stake in IR by $200m
      142 14 Bloomberg [SINGAPORE] Genting International pic, the developer of Singapore's second casino-resort, said it will invest $200 million to buy more shares in the project. The additional funds will raise its investment to $1.1 billion from $900 million, the company said in a
      – Bloomberg  -  142 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7772 14 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.973/ Star Europe Bond 1.21/ Star Europe Bal 1.206/ Star Asian Tiger Eqty 1.603/ Star Asia Bond 1.241/ Star Asia Balanced 1.033/ Star Global Technology Fund!" 0.208/ Multi St Fd 0.917/ Star Asia Bond(USD 0.869/ Gib Multi St USD
      7,772 words
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      58 14 ™E EXPERTISE OF MAN^ THE STRENGTH OF ONE fflffiz'/s'','-■'X'/,''{:'fC'^zZ'jo\..' 'S?0f& ."""-^^k^^^^^^^^™ t t^ie core our business are multiple world-class investment management 1* Jf I '^£&V» *'•>'--;'•;;; ''v''^^^.^''-"'-"-^^^^;^^^^ j ffifflft groups Franklin, Templeton and Mutual Series each operating autonomously =^33L. "X2&^» %§o&£'-yw%%&&X'^ and offering our clients their unique perspectives. FRANKLIN TEMPLETON
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  • GREATER CHINA
    • Article, Illustration
      Lock icon China increases penalties for price-fixing to fight inflation
      779 15 AP, Reuters Firms that hoard goods can be fined up to one million yuan: Cabinet [BEIJING] China's Cabinet yesterday sharply increased penalties for price-fixing, expanding an anti-inflation campaign that has failed to cool a surge in politically sensitive food costs. Food costs
      AP, Reuters; _ AP  -  779 words
    • Article, Illustration
      Lock icon China stock market makes expansion its top priority
      318 15 -Reuters It'll also raise free float of firms, speed up development of bond market [SHANGHAI] China plans to further expand its stock market by listing more large enterprises and fast-growing small and me-dium-sized firms this year, the head of the country's securities
      -Reuters; BLOOMBERG  -  318 words
    • Article
      Lock icon Chinese govt may block Citigroup plan
      300 15 ■AP [HONG KONG] Opposition from the Chinese government may stop Citigroup Inc's plan to raise capital by selling a stake worth US$2 billion to a Chinese bank, the Wall Street Journal reported on its website yesterday. The cash-strapped Citigroup, hurt by the mortgage crisis
      ■AP  -  300 words
    • Article
      Lock icon Morgan Stanley may exit China venture with big profit
      627 15 Reuters USsBoom profit likely from sale of 34.3% of CICC [SHANGHAI] Morgan Stanley's once rocky partnership with China International Capital Corp could earn the Wall Street firm a neat profit of nearly US$BOO million as Beijing seeks a buyer for a
      ■ Reuters  -  627 words
    • Article
      Lock icon BURSA MALAYSIA
      2303 15 Ian 14 RM ('000) A&M Realty 0.86 AbricBhd 0.25 Advance Synergy 0.21 Adventa Bhd 1.45 AeMuIti Hldgs 0.29 Win Holdings 2.74 Ahmad Zaki Resou 1.84 AicCorp 0.77 \irasia Bhd 1.52 Akn Technology 0.65 Alliance Financi 3.22 Aluminium Co 1.21 Amalgamated Ind 0.54 Aminvestment Grp ....unch \mmb Hldgs Bhd
      2,303 words
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  • INDIA
    • Article, Illustration
      Lock icon PM Singh seeks to boost China trade
      618 16 He urges Beijing to lift market caps on Indian goods to reduce rising deficit on rare state visit [BEIJING] Indian Prime Minister Manmohan Singh yesterday urged China to help reduce a growing two-way trade imbalance and called for greater economic integration between the
      REUTERS  -  618 words
    • Article
      Lock icon Deal to build first strategic oil store set to be awarded
      362 16 Reuters [NEW DELHI] India's Hindustan Construction Co has emerged as the lowest bidder to build the first strategic crude reserve in Asia's No 3 oil consuming nation, sources involved in the bidding process said yesterday. It is likely to
      – Reuters  -  362 words
    • Article
      Lock icon GM must expand its ops in India: Wagoner
      359 16 -AFP [DETROIT, Michigan] General Motors Corp (GM) must expand its operations in India if it is to compete in emerging markets, GM chairman Rick Wagoner said on Sunday. While it is still too early to tell how consumers will respond to Tata
      -AFP  -  359 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Gold may soar past US$1,000 this year: forecasters
      583 17  -  NEIL BEHRMANN Credit crisis, bank failures and inflation fears fuelling current bull market By in London OVER half of the forecasters in a London Bullion Market Association survey predict that the price of gold will soar to more than US$l,OOO an ounce
      REUTERS  -  583 words
    • Article
      Lock icon US regulators reviewing trades before M&As
      427 17 Reuters Issue 'on our radar screen', official reported as saying [NEW YORK] US securities regulators are reviewing whether investment banks' trades in shares of companies linked to merger and acquisition (M&A) deals they were advising were based on coincidence or inside information, according to
      Reuters  -  427 words
    • Article
      Lock icon Samsung boss' home raided in graft probe
      306 17 Bernama [SEOUL] Prosecutors yesterday raided the houses of Samsung Group's chairman and a number of key executives as part of a high-profile probe of the nation's biggest conglomerate accused of bribery and an illegal ownership transfer, sources said. The independent counsel searched Lee
      – Bernama  -  306 words
    • Article
      Lock icon LG.Philips Q4 earnings surge on LCD demand
      384 17 Bloomberg [SEOUL] LG.Philips LCD Co, the world's second-largest maker of liquid crystal displays, reported profit that beat estimates on surging demand for screens used in computers and televisions. Fourth-quarter net income was a record 760 billion won (Ssl.2 billion), compared with a 174.3
      – Bloomberg  -  384 words
    • Article, Illustration
      Lock icon New York closes in on second victory
      285 17 THE next few hours will reveal which team has won Race 5 of Clipper 07-08 and the remaining coveted podium-placed yachts should finish within the next 24 hours. With only a few miles to go to the end of the current race, Ben
      Photo: ONEDITION  -  285 words
  • Page 17 Advertisements
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      Lock icon Page 17 Advertisements Column 1
      1335 17 w MARCO POLO MARINE LTD (formerly known as MARCO POLO MARINE PTE. LTD.) (Incorporated in Singapore) Registration number: *****0073Z NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Second Annual General Meeting of the Company will be held at Gallery Hotel, 1 Nanson Road Singapore *****9 Robertson Quay,
      1,335 words
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  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      6042 18 m —J1* S nIS^L iiT -o's "w us —"SI m 5 SSI &=.»nlnll S5 ITS—| ol s 253; sce3i O vST 69 22 5001 *™.Hla»"" 63 +1 1793 635 60S 15 4 363 5 225 165 3133 Dee"'sl gjS "™h 96 22 22 74 s4- a 22.5 16.5 3133 OceanSk,
      6,042 words
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  • WORLD
    • Article
      Lock icon GM buys stake in maker of ethanol from waste
      628 19 MT AUTOS' FUEL CHANGE Startup firm Coskata plans to build pilot-scale plant at GM's test track [DETROIT] General Motors has joined the rush into alternative energy and invested in a company that intends to produce ethanol from crop wastes, wood chips,
      MT  -  628 words
    • Article
      Lock icon Honda's clean diesel cars will be profitable immediately: CEO
      352 19 Reuters [DETROIT] Honda Motor's yet-to-be released clean diesel cars will be profitable immediately, unlike expensive gasoline-electric hybrid cars that still yield little or no profit after a decade on the market. "Our diesel cars are going to have an appropriate level
      – Reuters  -  352 words
    • Article
      Lock icon Toyota plug-in hybrid ready by 2010
      391 19 -NYT It can be recharged from an ordinary power outlet, unlike current electric cars [DETROIT] The Toyota Motor Corp will build its first plug-in hybrid electric vehicle by 2010. The move, announced on Sunday, puts Toyota in direct competition with General Motors (GM), which
      -NYT  -  391 words
    • Article
      Lock icon Golden Globes minus the shine
      708 19 LAT-W? [HOLLYWOOD] The Writers Guild of America (WGA) strike has decimated prime-time television, pushed hundreds of industry workers into unemployment and even forced some late-night talk show hosts to come up with their own jokes. But never in its 10-week duration has the labour dispute
      LAT-W?  -  708 words
    • Article
      Lock icon Obama unveils US$l20b stimulus plan
      423 19 -AP It offers relief to workers and deals with housing crisis [LAS VEGAS] Democrat Barack Obama on Sunday unveiled an economic stimulus package costing up to US$l2O billion that his campaign said would put money in the hands of American workers and seniors, stem the
      -AP  -  423 words
  • Page 19 Advertisements
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      Lock icon Page 19 Advertisements Column 1
      27 19 Bioggi busineBB SOCIAL NETWORKING -'^Scn U^vinternet's future Facebook o u r c i n g Blackßerry Security Web 2.0 dangers Want to know more? Find out www.asiaone.com/innovation
      27 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      49 19 *mm*^T±mW. Some winners _Py »> II Jg WBav *cl Bt > *.Sh *B r _>._**"~ TEB _888 AAr^ m.wlTm- jamm m Ty& IP] Actress: Julie Christie, Away From Her Cx^^^J _^___?^_L_^_^_ls?l^ll _E_W. T^H at BL f[ j^_~ ~j|_qJ Photos: Reuters,AP, Feative Films Pte Ltd, Disney, Feative Films Pte Ltd Soure:AFP
      49 words
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  • AVIATION
    • Article, Illustration
      Lock icon AirAsia shares slide as oil price hedge sours
      550 20  -  PAULINE NG The stock has fallen by about a fifth in the past month By in Kuala Lumpur SHARES in Air Asia fell yesterday on the Kuala Lumpur Stock Exchange following the admission by the budget airline that its fu-el-price hedge had
      AFP  -  550 words
    • Article, Illustration
      Lock icon Virgin Atlantic to fly B747 on biofuel earlier than planned
      274 20 Bloomberg [LONDON] Virgin Atlantic Airways Ltd, the UK carrier controlled by billionaire Richard Branson, will fly a plane powered by biofuel, 10 months earlier than planned. The airline will operate one of its Boeing Co 747s from London Heathrow to
      Bloomberg  -  274 words
    • Article
      Lock icon Olympics: China bid to avoid aviation incidents
      292 20 Bloomberg [BEIJING] China, bidding to use this year's Beijing Olympics to attract overseas tourists, said it will strip domestic airlines of routes and new planes if they have a major safety incident during the event. The rules will also apply during the annual
      – Bloomberg  -  292 words
    • Article
      Lock icon Passenger traffic at Frankfurt Airport up 2.5%
      220 20 Bloomberg [FRANKFURT] Fraport AG's Frankfurt Airport, Germany's busiest, handled 2.5 per cent more passengers last year as intercontinental traffic increased, exceeding its own target. The German airport served 54.2 million travellers in 2007, Frank-furt-based Fraport said in a statement yesterday. The airport operator
      – Bloomberg  -  220 words
    • Article
      Lock icon Jetstar offering perks with new service
      293 20  -  YEN SREENIVASAN By FREE stays in Genting or Bintan and rock-bottom fares to get there are being offered by Jetstar Asia to promote its new Singa-pore-Kuala Lumpur service. Jetstar starts its daily flights to Kuala Lumpur on Feb 1, together with rivals Tiger Airways
      293 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARUTRES
      2438 20 AIRLINE CODES: AA: Amencao Airlines (AAL), AF: Air France (AFR), Al: Air India (AIC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW), BG: Biman Bangladesh Airlines (BBC), Bl: Royal Brunei Airlines Sdn Bhd (RBA), BO: Bouraq Airlines (BOU), BR:
      2,438 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Lock icon Page 20 Miscellaneous Column 1
      338 20 CRYPTIC CROSSWORD m~- mwi mwi BF B B/ B 6 Destroy socialist leader with B HI B glee (9) P H^L 7 Put off eating new mollusc |^^U B9vm. H^h BS'fl H^h B9 H^h BS'J B9vm. 10 Refining opium is immoral I BB^ I 1 Got purchase from branch HJ^^^BJ
      338 words
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  • SHIPPING
    • Article
      Lock icon SembMarine delivers last of 6 ships to Taiwan firm
      357 21  -  CONRAD RAJ Unit Jurong Shipyard has built 8 container ships based on its Jubilee Class design By THE last of a series of six container vessels built by SembCorp Marine subsidiary Jurong Shipyard for Taiwanese shipping company Wan Hai Lines was
      357 words
    • Article
      Lock icon 10 charities share $1m donation from NOL trust
      261 21  -  VINCENT WEE By A MILLION dollars was shared among 10 charities yesterday at a ceremony held by Neptune Orient Lines (NOL). Each charity received $100,000 from the Neptune Beyond Boundaries Trust. "There could be no better way to start 2008, in which
      261 words
    • Article, Illustration
      Lock icon Maritime royalty make history in New York
      899 21 -AP The three Queens met in New York Harbor on Sunday [NEW YORK] Deborah D'Ambrosi can recite with ease the weight of each of the Queens Elizabeth 2, Mary 2 and Victoria, which are among the world's most luxurious ocean liners. And she
      -AP; AP  -  899 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        111 21 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks laya Hold Ltd KiVentures Keppel Corp Labroy Marine MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.65 0.37 5.13 0.97 3.07
        111 words
      • Article
        Lock icon KLSE
        37 21 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings Nepline Bhd PDZ Holdings 1.14 9.65 9.70 4.36 3.14 0.26 0.19 -0.01 -0.05 unch -0.04 unch 0.01 unch 125 305 1222 1969 171 4 185
        37 words
      • Article
        Lock icon BANGKOK
        12 21 '00 ■recious Ship Jegional Cont .22.80 .27.25 -0.70 -0.25 1731 119
        12 words
      • Article
        Lock icon HONGKONG
        6 21 '000 toil .49.35 -1.30 111
        6 words
      • Article
        Lock icon PHILIPPINES
        21 21 '000 Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.80 43.00 2.04 1.80 unch -0.50 0.02 -0.10 414! 381 111
        21 words
      • Article
        Lock icon TAIPEI
        23 21 Evergreen Marine ....31.40 :irst Steamship 70.00 /Van Hai Lines 29.20 r"ang Ming Marine ..23.80 1.55 -1.30 0.50 -0.15 51 9 17 22
        23 words
      • Article
        Lock icon TOKYO
        40 21 '000 (awasaki Hvy Ind ..289.00 -9.00 2357! (awasaki Kisen 970.00 -59.00 1537: Mitsubishi Hvy 435.00 -11.00 ***** Mitsui Eng&Sbldg ..365.00 -18.00 2075) Mitsui Osk Lines ...1291.00 -57.00 1452! Mippon Express 555.00 -9.00 435! MipponYusen 818.00 -29.00 833) iource: Reuters
        40 words
    • Article
      Lock icon Greenpeace disrupts Japanese whale hunt
      337 21 AP [WELLINGTON, New Zealand] Greenpeace said yesterday it disrupted the Japanese whale hunt off Antarctica by chasing the fleet's whale processing factory ship out of the whaling zone, beginning this year's round of a cat-and-mouse over the hunt. The six-vessel fleet "scattered and ran" early
      AP  -  337 words
    • Article
      Lock icon Newcastle coal exports fall 20% to 6-week low
      221 21 Reuters [SYDNEY] Coal exports from Australia's Newcastle port, the world's largest coal export terminal, fell 20 per cent in the latest week to a six-week low, on weakening demand from Japanese utilities. Exports from the port fell to 1.415 million tonnes for
      ■ Reuters  -  221 words
    • Article
      Lock icon Dry-bulk rates may fall next year on vessel oversupply
      546 21 Bloomberg [SINGAPOREIShipping costs for iron ore, coal and other commodities may fall starting next year as vessel numbers outpace cargoes, KGI Securities (Thailand) pel said as it cut the industry rating to "neutral". The average Baltic Dry Index, an overall measure
      Bloomberg  -  546 words
  • Page 21 Advertisements
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      166 21 ASIAN FEEDER DISCUSSION GROUP (AFDG) NOTICE TO MAIN LINE OPERATORS BUSINESS PLAN 2008 The following Feeder Operators wish to inform the trade of their Business Plan for 2008 covering the India Sub Continent sector. Please be advised that all rates for SOC Shipments covering the following trade sectors in the
      166 words
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  • EDITORIAL & OPINION
    • Article
      Lock icon Bush takes a leaf out of Nixon's book
      493 22 PRESIDENT George W Bush's current Middle East tour seems to be dominated by the neo-conservative's grand geopolitical design for the region. The US March to Freedom there has been halted by the free elections in Iraq and Palestine that had helped radical
      493 words
    • Article, Illustration
      Lock icon Not saying the R-word but alluding to it a lot
      1195 22  -  LEON HADAR Bush concedes 'economic challenges' and the Fed stands ready to take 'substantive action' FEDERAL Reserve chairman Ben Bernanke was asked whether he expects, as the questioner put it, "the R-word". "The Federal Reserve is not currently forecasting a
      r AFP  -  1,195 words
    • Article, Illustration
      Lock icon Link-up of bubbles creates brave new finance world
      789 22  -  WILLIAM PESEK JR THE BOTTOM LINE LEAVE it to Citigroup Inc to settle the raging debate about the true might of China's economy. The debate was prompted by a recent World Bank report claiming the world's No 4 economy is far smaller
      789 words
    • Article, Illustration
      Lock icon A need for IP valuation expertise
      1784 23  -  NICOLE FUNG Companies today are recognising that valuable IP enables them to sustain their competitive advantage By and SOWMYA VARADHARAJAN IN the past, companies acquired market share and maintained their competitive positions by holding and/or acquiring extensive amounts of natural resources and tangible assets.
      AP  -  1,784 words
    • Article
      Lock icon F&N should strive for better corporate governance
      676 23  -  Mak Yuen Teen LETTER TO THE EDITOR I REFER to the article "F&N reveals $5m parting gift for former CEO Han" (BT, Jan 9). I must congratulate the company for its decision to incorporate the $1 million consultancy fee for the chairman into
      676 words
    • SINGAPORE STOCKS
      • Article
        Lock icon SGX MAINBOARD
        7128 24 Transaction date: Jan 14 lii »-wks Tel Low Code Co i Sale ('OOP) Hil ■ow Bi Seller C'vr P/E $mii 5716 1st Software i -i- i- ,o1 ii S $S?®i I- I I I <l 27 12.5 1100 AEM 42 12 2101 APOil 141 81 5550 ARA n
        7,128 words
      • Article
        Lock icon SGX XTRANET
        83 24 Afk Tel Low Code Last Sale Vol ('000] lay L Low Bui .ast Quote yer Seller Div C'vr irYld Net P/E /ICap Smil Hii Com| taw Hii 200 116 6065 Diamonds US200d 250 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** *****
        83 words
      • Article
        Lock icon SGX CATALIST
        2177 24 Hk Tel Low Code Last Sale Vol I'OOO] lay I Low By _ast Quote Div /er Seller C'vr Net P/E /ICap Smil Hii Comi Hii 30 11.5 1181 s AAGrp 41.5 20.5 5000 s ABR Hldgs 31 18.5 8538 s APStrategic 16.5 3.5 1501 s Advanced System 70.5
        2,177 words
      • Article
        Lock icon CLOB INTERNATIONAL
        205 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
        205 words
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      362 25 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Jan 11 World Index Preliminan 1080.7 -0.6 -1.8 -0.5 -4.3 -0.5 2.I EAFE Preliminan 1060.7 -0.8 -4.2 -0.5 -3.1 -0.5 3.I Euro[ Preliminan 1466.3 -0.5 -1.8 -0.2 -1.2 -0.2 5.' Pacific 899.5
      362 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      124 25 As at 9am Jan 14 )f foreign currency: Currencies Bid Offer rust dollar 1.2730 1.2880 .an dollar 1.3970 1.4130 luro 2.1070 2.1310 IZ dollar 1.1140 1.1380 jterlin mnd 2.7860 2.8180 IS dollar 1.4230 1.4390 .ocal dollars to 100 units if foreign currency: Currencies Bid Offer Ihi
      124 words
    • Article
      Lock icon INTERBANK RATES
      163 25 Jan 14 fer Overnight 1 5/16 1-month 1 9/16 2-months 1 9/16 3-months 1 3/4 Overnight mode: 1 1/8 1 3/16 1 7/16 1 7/16 1 5/8 US$ Offer Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 4.30 4.18 4.17
      163 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 25 Jan 14 STI ilMSCI Jan 399.1 401.6 394.2 "aiwan Jan 319.9 322.7 319 Source: MF Global (S) Pte. Ltd
      22 words
    • Article
      Lock icon US$/S$ FORWARD RATES
      21 25 Jan 14 Bid Offer 1-month 1.4258 1.4269 2-months 1.4233 1.4246 3-months 1.4206 1.4219 6-months 1.4142 1.4154 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      152 25 Jan 14 lurrencies Bid Offer Bid Offer >$/US$ to one unit of foreign currency: Australian dollar 1.2808 1.2820 0.8960 0.8962 "anadian dollar 1.4064 1.4081 0.9839 0.9843 luro 2.1254 2.1272 1.4868 1.4870 IZ dollar 1.1242 1.1257 0.7864 0.7869 aterlim 2.8064 2.8088 1.9632 1.9635 IS dollar 1.4295 1.4305 >$/US$
      152 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      295 25 Jan 14 OPEN HIGH LOW SETT VOL EURODOLLAR FUTURES Mar08 Jun08 Sep08 Dec08 96.500 96.945 97.130 97.170 0 0 0 0 ***** ***** 7608 6672 EUROYEN FUTURES Mar08 Jun08 99.350 99.365B Sep08 99.375 99.380B Dec08 99.355 99.355 Mar09 99.315B Jun09 Sep09 Dec09 99.250A 99.270A 99.355 99.235 99.350
      295 words
    • Article
      Lock icon SICOM FUTURES
      287 25 Jan 14 KUbbbK 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 08 378.00 381.50 388.00 389.50 389.50 390.50 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes)
      287 words
    • Article
      Lock icon CHICAGO BOT
      102 25 Jan 11 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jan 08 1286.00 1244.00 1296.00 1270.00 Mar 08 1298.75 1260.25 1310.25 1284.00 May 08 1317.00 1277.50 1327.50 1300.00 Jul 08 1330.75 1291.75 1341.75 1313.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jan 08 52.10 50.85 52.50
      102 words
    • Article
      Lock icon CRUDE OIL & PRODUCTS
      76 25 CRUDE OIL PRODUCTS Jan 11 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 91.36 -1.01 WTI (Near Mth) 92.69 -1.26 Dubai (1-Mth F) 87.07 -0.81 Tapis blend 97.65 -1 Minas 96 -1 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 94.25 106.95 -0.45 -2.6 US$/barrel Opec Oil
      76 words
    • Article
      Lock icon INTERBANK CROSS RATES
      469 25 Jan 14 AS CS Rmb Euro HKS Ind Rs Ri Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.911 6.500 0.603 6.995 35.203 84.569 0.969 8.400 2.919 1.139 55.993 36.301 1.281 6.032 0.980 28.944 29.692 0.456 0.896 Canada 1.098 7.139
      469 words
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      Lock icon GOVERNMENT SECURITIES
      87 25 Nov 14 Period Issue code Maturity Yesterday's Bid Hii Day's ill Low 3-Month BQ*****F 17.04.08 1-Year BY*****A 29.09.08 1.54 1.60 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****1E 2.500 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****X 3.125
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      Lock icon SIBOR
      78 25 Jan 14 (US$) (S$) 4.***** 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths 1.***** 1 mth 2 mths 4.***** 1.***** 3 mths 4.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 3.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 2.***** 3yrs 2.***** 4yrs
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      Lock icon PALM OIL
      66 25 Jan 14 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Jan 08 3320 3400 3360 3320 58 837 Feb 08 3335 3410 3410 3320 1194 4021 Mar 08 3333 3414 3420 3318 ***** ***** Apr 08 3325 3405
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      Lock icon PRECIOUS METALS
      169 25 Jan v GOLD (USS/oz) Jan 14 Jan 11 GOLD BULLION COINS (S$) Sellini Hong Kong 903.00 891.00 904.00 892.00 Jan 10 Jan 11 London 881.90 895.80 882.60 896.50 Source: Reuters (S$) Selling Buying 1 oz 1440.22 1298 UBS GOLD LUNAR KINEBAR (S$) Selling Buying 10gm $505.04 414 SILVER
      169 words
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      Lock icon LONDON METALS
      68 25 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2469.00 2442.00 3 months 2514.00 2490.00 Copper, Grade A (US$/tonne) Cash 3 months 7281.00 7300.00 7172.50 7190.00 Lead (US$/tonne) Cash 2616.00 3 months 2625.00 2559.00 2570.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3 months *****.50
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      Lock icon LIFFE
      80 25 Jan 11 (£/tonne) Close Prev Hie ih/Low Mar08 1135 1125 1140/1114 May08 1152 1143 1157/1132 Jul 08 1178 1169 1182/1162 Sep 08 1165 1152 1169/1145 COFFEE (US$/tonne) Close Pev High/Low Jan 08 2003 1989 2020/1994 Mar 08 2029 2014 2041/2015 May 08 2048 2031 2062/2031 Jul 08 2062 2045
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      Lock icon BONDS & WARRANTS
      2727 25 BONDS WARRANTS rei lode Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left S798 Ascendas REIT SGA ECW*****3 2 -4 6344 1 248 2 >092 Asia Environment W*****4 28.5 -4.5 216 1 38 2 2.28 19 H05#AsiatravelW*****7 32 -6 9 1 28
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      18 24 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. Tel: 6238 6678 Fax: 6238 6676. Internet: http://www.audemarspigjet.com jg^^^m
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      2520 26 m The Business Times Shipping Times W^ZZZZZ^^^M ffraIPSRHKS Ktfljjjyyl W^XLul!,, V,'P WEFft IJuU I WAN HAI INTERNATIONAL PTE LTD K.^^ m TIP B^gn^uys ■■HaiNimrAMiSilSgi^ VTtT\ iaiam uai imrr te*****1 sss (munesi fax:***** i&3 M^~ X M^T\l\*L*LZfc\\ ll IBffBBBgSBB-BBfflßW WiJSiißiWßl^ VVt WAN HAI INtS Customer Servi<e/Bookings Dir«l Line (1800) *****200 Bllwl9l!MK{Sra:ltl«««tV%9l
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      3216 27 ■^yiHMIWi lIHJjiHJ ™'Trlf^Tf' \Pz^^t c S' m^km weekly express sailing schedule BSSSS Si El i' lj^i;l 'lll-'l' IJ'BJ'll'l' l;l'"-'l!,™!l^fljil' HI ■!UUaUiUUJj||||Ljfl t^jfi&pßa VESSEL VOY I PKL ~SJN~ KHI DXB BAB I DMM BIK KHO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS ■■■■■■fl isfflfiSldGfiß^'tr N tCLZyBCII^PI ANNAE PCLB243 25/01
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  • PROPERTY
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      Lock icon M'sian property uptrend seen to continue
      419 29 Market players express bullish sentiment for next 2-3 years [KUALA LUMPUR] Malaysia's real estate sector is expected to remain on the upside for the next few years, backed by positive interest in the market, says a report in Malaysia's Business Times. Malaysian Annual Real
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      Lock icon UEM Land wants govt to ease limits
      278 29 Bloomberg [KUALA LUMPUR] UEM Land Sdn, overseeing Malaysia's biggest property project, wants the government to ease limits on foreign purchases to aid the company's plans to attract Singaporeans seeking cheaper homes outside the city-state. Foreigners can now only own half of the properties
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      Lock icon KL moots star rating for housing projects
      314 29 aerriurnu Move will allow buyers to assess environmental risk [KUALA LUMPUR] Housing projects in Malaysia could be given a rating of one to five stars, depending on their level of risk to the environment. Natural Resources and Environment Minister Azmi Khalid said on
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      Lock icon Limitless launches US$1.2b loan
      120 29 Reuters [LONDON] Government-owned Dubai property company Limitless has launched syndication of a US$l.2 billion, two-year Islamic loan, which will be used to finance international projects, the borrower announced. A bank meeting was held on Sunday in Dubai and further roadshows will be held in Singapore, Kuala
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      Lock icon Big China firms' bonds better: ING
      329 30 Reuters [HONG KONG] Investors in Chinese property bonds should adjust their portfolios in favour of larger, diversified firms and cut their exposure to smaller developers which are focused on fewer cities, ING Bank said in a report yesterday. The bank advised bond investors to
      – Reuters  -  329 words
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      Lock icon Retail space turns competitive
      658 30  -  ARTHUR SIM Concerns over new supply, rising costs even though occupancy is high By DTZ Debenham Tie Leung has raised some concerns about the market for retail space turning competitive as more developments are completed in the next few years. It said that while occupancy in
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      34 29 Dl 9 Kovan Road Tenure Freehold Land Area Regular shape appx 21,000 sq ft Plot Ratio -1.4 residential up to 5 storeys Walking distance to Kovan MRT and amenities W W W*MTITimWm9T^M WWSmtmmmklmmm PfMVPWI
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      207 29 HOTEL COMMERCIAL SITE FOR SALE BY TENDER pie ZZ\ Freehold site along Changi Road —~ra~~ ~~lin^po^ EunosifcTTlip 'Site area 26,433 sq ft. Post Centre Interchange D n +l on Paya Lebar 1 Eunos Plot Ratio up to 3.0 SIMS AYE iv Suitable for Hotel/Commercial Tanjong Food Centre KampongUblCC Development <Sn°p"«
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      325 29 Excellent Redevelopment Site Along Singapore River For Iconic Development. 1 T* 7~7 smg.porflßysr—iTl Superior location with regular site configuration Rirt Canning Park Funian *j m -Land 74,206 sq ft (approx),LH99wef 15/12/1980 SSft Existing GFA of 396,827 sq ft cww" 8" Tl,eB "V r^^V EST '2Sh.ii> 'Nextto Clarke Quay MRT within
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      245 30 SLAn. The Atrium@Orchard sss-„ For Sale By Expression of Interest IKB* 'i i iMnmßSS^ffißMrrVit HlB I JL "^JBan iiiifNiJifiiiiilTp^^ Bi^BBiyf^: Address: 60A B Orchard Road, Singapore *****9 Building: Comprises two towers of 7 and 10 storeys connected by link bridge Completion: Year 2002 Site Area: 9,575 sq m fUMPPPVUWfI B
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      39 30 Pearlbank Apartments spa. wl'<2 s fH ■fti^ ''4^ ym.^o-f^L^y Z. SFIKKw^ A- -**S v by v£*-r-2 r aSsSy J w?&'*~w^ 2Z231 Br iiHlfl mkzsH St-' s—-3PBFB A member of MCS Circulation Audit. Customer Service (Circulation): 6388-3838, circs@sph.com.sd, Fax 6746-1925
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