The Business Times, 26 January 2008

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Microfilm: NL28805
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Lock icon Masthead
    26 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents lS* A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 January 26-27,2008 online at http://business-times.asial .com.sg
    26 words
  • Article, Illustration
    Lock icon 2 new lines and $20b to double rail network
    843 1  -  SAMUEL EE Current projects could also be completed earlier, greater contestability in rail industry to be introduced By [SINGAPORE] The government will spend some $20 billion to build two new rail lines and a couple of extensions to double the length
    843 words
  • Article, Illustration
    Lock icon Jerome Kerviel now at head of rogue traders' gallery
    890 1  -  NEIL BEHRMANN SOCGEN SHOCK His trading positions could have reached 100 billion euros From in London THE financial gallery of infamy has a new member. Jerome Kerviel, 31, an unknown trader of Societe Generale, has allegedly committed the biggest fraud in
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      20 1 tl^^^!^^^^ CNY if" MOTORING Ct FASHION |y COOKIES ffi "^i Brake system for Updating f. y PAGES 22 PAGEI7 PAGE2O
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    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 2
      42 1 A face to watch it Chairul Tanjung is a rising star in Indonesian business, with close links to the new political elite. In his first extensive interview, he offers a glimpse into the new world of Indonesian business. 3v I k mj^^^B^^*
      42 words
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Govt to list Senoko incineration plant
        43 2 THE government plans to divest the Senoko waste incineration plant in Woodlands to a listed infrastructure business trust or fund. It's looking to appoint a fund manager to manage the trust or fund. COMPANY NEWS, PAGE 4
        43 words
      • Article
        Lock icon SMRT Q3 net profit falls 5.3%
        47 2 SMRT Corp's net profit has fallen 5.3 per cent to $38.3 million for the third quarter ended Dec 31, 2007. The earnings fall was due largely to base effect, as the previous corresponding quarter included exceptional items. COMPANY NEWS, PAGE 4
        47 words
      • Article
        Lock icon Wing Tai Q2 earnings slip 19% to $43.6m
        66 2 PROPERTY firm Wing Tai Holdings yesterday reported a 19 per cent drop in net profit to $43.6 million, while revenue plunged 59 per cent for the second quarter ended Dec 31, 2007. Sales for the period came to $110.7 million, while earnings
        66 words
      • Article
        Lock icon Resale HDB flat transactions fall to new low
        70 2 THE number of resale HDB flat transactions fell to a new low in 2007 29,436 as buyer resistance set in in the face of escalating resale prices and more sellers asking for large amounts of cash-over-valuation (COY), fresh HDB data shows. The
        70 words
      • Article
        Lock icon December production output contracts 1.7%
        54 2 SINGAPORE'S manufacturing output contracted 1.7 per cent in December for the second month running as biomedical production shrank 34 per cent, the Economic Development Board said yesterday. This took 2007 manufacturing growth to 5.8 per cent, half the pace of 11.5 per cent in 2006.
        54 words
      • Article
        Lock icon Election to be held this year: Abdullah
        51 2 MALAYSIAN Prime Minister Abdullah Ahmad Badawi has said that the country will hold a general election this year before his first term in office expires in 2009. Local media has speculated that an election may be held as early as March. MALAYSIA, PAGE
        51 words
      • Article
        Lock icon HK chamber chief steps aside after being charged with fraud
        55 2 THE head of Hong Kong's largest business chamber has stepped aside amid fraud allegations. Lily Chiang has taken leave of absence indefinitely from the Hong Kong General Chamber of Commerce as a fraud probe by the city's graft-busters clouds her
        55 words
      • Article
        Lock icon France seeks to limit damage from scandal
        66 2 A SOCIETE Generale share trader who ran up losses of 4.9 billion euros (5510.3 billion) had positions of more than 50 billion euros, a top French presidential adviser said yesterday. Raymond Soubie said that it is "very amazing that just one person could
        66 words
    • Article
      Lock icon As Sibor falls, so can your mortgage...
      686 2  -  CHOW PENN NEE Plunging interest rates bring Siborlinked home loan packages into focus [SINGAPORE] With interest rates going down, now might be a good time to refinance your mortgage loans. Sibor-linked packages are particularly attractive, mortgage consultants say. Mortgage rates are affected by
      686 words
    • MARKETS DIGEST
      • Article
        Lock icon MARKETS
        43 2 1 COMP 1,405.40 +22.05 IIKKEI225 13,629.16 +536.38 1ANG SENG 25,122.37 +1583.10 ;et index 759.72 +31.14 JAKARTA COMP 2,620.49 +103.79 1ANILA COMP 3,237.41 +89.99 ;eoulcomp 1,692.41 +29.41 ;henzhenb 657.47 +18.77 IUMBAI IND 18,361.66 +1139.92 10.30AM EDT Change 12,397.23 +18.62 )OW IASDAI 2,377.19 +16.27
        43 words
      • Article
        Lock icon PRIME RATES
        29 2 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 6.00 INDONESIA 15.582 TAIWAN 6.236 JAPAN 1.875 KOREA 9.33 BRITAIN 5.50 US 6.50 CANADA 5.75 SWITZERLAND 4.14 INDIA 12.75 Source:
        Bloomberg  -  29 words
      • Article
        Lock icon FOREX
        36 2 IS$ (S$ per US$) 1.422 (us$/ss il 1.984 2.821 ;URO(US$/SS/E) 1.476 2.09! 'EN 107.70 75.8I 3.242 2.28I m 7.808 5.492 !AHT 31.45 22.12 lUPIAH 326 6,55! lENMINBI 7.208 5.07I INDIAN RUPEE 39.39 27.7I 1.130 0.79!
        36 words
    • Article, Illustration
      Lock icon Private homes losing speculative froth
      860 2  -  KALPANA RASHIWALA Subsale activity slowed in Q4; rising rents defined 2007 [SINGAPORE] The level of speculative activity in the private property market, as measured by the extent of subsales, slowed considerably in Q4 last year, especially in the Core Central Region (CCR), according to the
      URA  -  860 words
    • Article, Illustration
      Lock icon PM Lee dispels notions about S'pore sovereign wealth funds
      491 2  -  ANNA TEO WORLD ECONOMIC FORUM Temasek has annual report, GIC likely to do more in future By in Davos, Switzerland TEMASEK Holdings and the Government of Singapore Investment Corporation (GIC) are commercial-ly-driven funds seeking long-term returns, and they are fairly open
      JOYCE FANG/THE STRAITS TIMES  -  491 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Man with the Midas touch
      2200 3 Among business circles in Indonesia, he is hailed as one of the fastest-rising stars, with close links to the new political elite. Yet little is known about the media-elusive tycoon. In his first extensive interview in any media, Chairul Tanjung grants LAUREL TEO a rare
      AZIZ HUSSIN  -  2,200 words
    • Article
      Lock icon Next stop, Singapore
      335 3 CHAIRUL Tanjung has earmarked Singapore as the regional hub for the expansion of his CT Corporation. Teaming up with the Economic Development Board, he will start by introducing a series of luxury furnishing and accessories brands to Singapore. The Trans Living group has about 10 brands currently,
      335 words
    • Article
      Lock icon Raffles
      97 3 Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the world's top hotel brands in the 2006 Conde Nast Traveler Business Travel Awards, Raffles Hotels Resorts is a collection of luxury hotels that distinguishes itself through the highest
      97 words
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  • COMPANY NEWS
    • Article
      Lock icon Senoko incineration plant set for listing
      360 4  -  MICHELLE QUAH Govt to divest asset to infrastructure trust or fund, issues request for proposal By WASTE disposal appears to be a lucrative business going by the government's latest plan to list the Senoko incineration plant. The government announced yesterday that it plans to
      360 words
    • Article, Illustration
      Lock icon A week of two halves as STI falls, rises
      586 4  -  R SIVANITHY STOCKS IT'S A tad cliched but there's no denying that this was a week of two halves, with the Straits Times Index (STI) plunging an astonishing 238 points on Monday and Tuesday before rebounding a total of an equally
      586 words
    • Article
      Lock icon SMRT Q3 net profit dips 5.3%
      492 4  -  SAMUEL EE By SMRT Corp's net profit fell 5.3 per cent year-on-year to $38.3 million for the third quarter ended Dec 31, 2007, even as increased ridership, a higher average taxi hired-out fleet and rental/advertising growth pushed group revenue up. The earnings fall was
      492 words
    • Article, Illustration
      Lock icon Ascott's Q4 net profit triples on divestment gains
      467 4  -  UMA SHANKARI By THE Ascott Group, Asia's biggest operator of serviced apartments, yesterday said that its fourth-quarter profit more than tripled on the back of divestment gains. Net profit for the three months ended Dec 31, 2007 rose to $45.4 million from
      FILE PHOTO  -  467 words
    • Article, Illustration
      Lock icon CRCT placement snapped up
      417 6 Institutional investors take up 136 m new units in Capitaßetail China Trust in 30 mins A PRIVATE placement by Capitaßetail China Trust (CRCT) was snapped up by institutional investors within half-an-hour after its launch yesterday. Approximately 136 million new units in CRCT were fully subscribed by
      417 words
    • Article
      Lock icon $4.4m worth of orders for Beng Kuang
      206 6  -  VINCENT WEE By BENG Kuang Marine, a service provider in the marine and offshore oil and gas industries, has secured orders worth $4.4 million from key customers. One of the contracts, worth about $1.9 million, is for the provision of corrosion prevention services
      206 words
    • Article, Illustration
      Lock icon Wing Tai's second-quarter net profit slips 19% to $43.6m
      330 6  -  OH BOON PING By WING Tai Holdings yesterday reported a 19 per cent year-on-year drop in net profit to $43.6 million for its second quarter ended Dec 31, 2007, while revenue plunged 59 per cent. Q2 sales for the property group
      FILE PHOTO  -  330 words
    • Article, Illustration
      Lock icon Meghmani Q3 net slips 17% to 89m rupees
      345 9 Group revenue up 19% but higher raw material costs and pricing pressure hurt earnings MEGHMANI Organics, an India-based global manufacturer of pigments and agrochemicals, has posted a net profit fall of 16.7 per cent to 89 million rupees (553.2 million) for the
      FILE PHOTO  -  345 words
    • Article
      Lock icon Tat Hong's China unit prices IPO below estimates
      274 9 Reuters Other new listings delayed or shelved amid market turmoil [SINGAPORE] China-based crane manufacturer Yongmao Holdings has priced its Singapore initial public offering (IPO) below its indicated range. The offer was priced at 550.35 a share, a source told Reuters yesterday, with
      – Reuters  -  274 words
    • COMPANY BRIEFS
      • Article
        Lock icon Inno-Pacific reports $4.66m net profit
        56 9 INNO-PACIFIC Holdings yesterday reported a net profit of $4.66 million for the year ended Dec 31, 2007, up from a net loss of $1.16 million for the preceding year. Sales dipped 8 per cent to $7.17 million, while earnings per share were 0.01 cent, against
        56 words
      • Article
        Lock icon Dayen places out 22m shares to AO Capital
        72 9 DAYEN Environmental Limited has placed out 22 million new shares to American Oriental Capital Partners (Singapore) Pte Ltd, representing a 12.9 per cent stake in Dayen. A portion of the $8.3 million generated from the placement will be used as capital to
        72 words
      • Article
        Lock icon FDS to report net loss for year ended Dec '07
        57 9 FDS NETWORKS Group Ltd expects to report a net loss for the year ended Dec 2007, even though losses in the second half are expected to be substantially less than in the first six months. The company saw improvements in
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  • Page 4 Advertisements
    • Advertisement
      Lock icon Page 4 Advertisements Column 1
      82 4 K^r Get Yours Now!" *2 Producing Photo Books: Take a look at the various options available to you if you're looking to produce your own book! O Beyond the Camera: If you're worried about shooting too many photos and having too little memory cards to hold them all, consider getting
      82 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 2
      132 4 ZAP BIDf FROM ONLY $10! ERJGCZILUCZIRI-M I DUOREST Junior Ergonomic Chair (With Adjustable Footrest) B^W> I Suitable for 4 years till 12 years old. Improve Sitting Posture Protect Growing Spine ■3 Years On-Slte Warranty Visit www.ergoworks.com.sg for more JL information. at Model Number: DR-2808 11 List Price: $460 o^gst) I
      132 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 3
      101 4 ZAP BIDI FROM ONLY $10! CDCOKI Home Entertainment Projector i EXCEED fOUR VISION t IVI I I VlfUj B^PB I l^r^r I List Price: $2,241 ind7%GST) Dimensions (DxWxH):3lox34oxlBo mm Integrated DVD Player, Speakers and Projector High Luminance of 1,200 ANSI Im Audio Format: DTS, Dolby 5.1 Stereo Speaker: 10Wx 2
      101 words
    • Advertisement
      Lock icon Page 4 Advertisements Column 4
      18 4 Lianhe Zaobao I I Interview with PRC director of I I Xinhua PR gmk Newswire JTI I Smwißll
      18 words
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  • Page 5 Advertisements
    • Advertisement
      Lock icon Page 5 Advertisements Column 1
      1099 5 H9BSu|| /^.^Sj^ (Constituted in the Republic of Singapore pursuant w% to a trust deed dated 23 October 2006 (as amended)) %311% XIZHIMEN MALL, BEIJING iHKWWIfe*. Xizhi.enMaUisaone-s.opshopping™,, j national ..way and mapr bus routes. ".^W The Mall is well-supported by a large |fef ?(«P\yl 1 ll shopper catchment encompassing a X
      1,099 words
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      424 6 HOME TO HIRANANDANI PALACE GARDENS, CHENNAI. IVrrHiranandani Palace Gardens welcomes you to your own piece of paradise UFsfi£SL^— C_/^ in your homeland. A vibrant new township on the outskirts of Chennai, LIFESTYLE that offers a unique mix of ofFices, schools, health-care facilities, parks, Hirandandani Palace Gardens not just complements your
      424 words
    • Advertisement
      Lock icon Page 6 Advertisements Column 2
      45 6 ZAP Bl D CONGRATULATIONS! ~.?^?.?T^.. KIA MOTORSJ Congratulations to the Highest Bidder: Mr. Ernest Tan Yee Tit (NRIC: SXXXXBBOC) Proud Owner of a Brand New Kia Picanto! Keep on ZAPPING! You May Be The Next Winning Bidder! Zap Code ■See More Know More Get Moreß
      45 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      3601 7 MANDATORY CONDITIONAL CASH OFFER by OVERSEA-CHINESE BANKING CORPORATION LIMITED (Company Registration No. *****0032W) (Incorporated in the Republic of Singapore) for and on behalf of KNOWLEDGE TWO INVESTMENT PTE LTD (Company Registration No. *****8798 M) (Incorporated in the Republic of Singapore) a wholly-owned subsidiary of LEE LATEX (PTE) LIMITED (Company Registration
      3,601 words
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  • PERSONAL INVESTMENT
    • Article, Illustration
      Lock icon BROKERS' TAKE
      945 8  -  UMA SHANKARI Source: Chartered Semiconductor Jan 25 close: SSO.BI CITIGROUP RESEARCH, Jan 22 SENSITIVITY analysis: Earnings were cut by 24-76 per cent for FYOBE-FYO9E and losses forecast to reach US$2O mil-lion-US$26 million (versus consensus US$6O million-US$9O million profit) amid risks to slower handset/PC shipments. Target price was also
      : Bloomberg; Bloomberg  -  945 words
    • Article, Illustration
      Lock icon The macroeconomic impact on companies
      1504 8  -  TEH HOOI LING SHOW ME THE MONEY Those with high financial and operating leverage are at greater risk STOCK markets around the world are going through significant volatility now as a result of the uncertain outlook in the macroeconomic front, none more so than the
      : Thomson Financial Datastream  -  1,504 words
    • BT SHARE INFORMATION SERVICE
      • Article
        Lock icon SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
        766 8 Trans Date Substantial Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per Shr$ SHAREHOLDING Before After ('000) ('000) itock Stamford Tyres 24-Jan-08 Wee Kok Wah «Buy 50 0.36 ***** 23.19 ***** LeeKimTah 24-Jan-08 Lee Kim Tah Inv PL Buy 89 na *****1 64.48 *****0 LeeKimTah
        766 words
      • Article
        Lock icon COMPANY MEETINGS
        280 8 A,mplefield A Swissotel Merchant Court Singapore Merchant Court Ballroom Section A, Lobby Level 20 Merchant Road Singapore *****1 Sky China E 6 Shenton Way DBS Building Tower 1 DBS Theatrette Level 2 Singapore *****9 28-Jan 28-Jan 2.00pm 10.30an Craft Print A 9 Joo Koon Circle Singapore *****1 28-Jan
        280 words
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      22 9 V SNIFF OUT GOOD DEALS AT AUCTIONS Check out information on auctions in CATS Notices in The Straits Times. beats > NOTICES f
      22 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 2
      148 9 Capita Land celebrates this landmark day with Australia. X As Southeast Asia's largest real estate company, Capita Land is honoured to celebrate Australia Day with her people. Together with our subsidiaries Australand and Ascott, Capita Land is delighted to commemorate the growth and prosperity of Australia across the years. With
      148 words
    • Advertisement
      Lock icon Page 9 Advertisements Column 3
      53 9 G Ibba ll Business) wee.marina@gmail.com Meaawarkan kelas mentasak? Dekati lebih ramai pembaca dengan mengiklan di dalam Berita HarianV Berila Minggu. Begitu mudah untuk menglklan di dalam penerbitan kami, Hubungi sahaja hotline CATS Klassified kami di 1800-289-9988, tekan 1 dan kakitangan penjualan kami akan bersedia membantu anda. MATS BUY IT< SELL
      53 words
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  • SINGAPORE NEWS
    • Article
      Lock icon HDB resale deals at a new low in 2007
      595 10  -  UMA SHANKARI Rising resale prices and higher COYs result in last year's total of 29,436 By THE number of resale HDB flats which changed hands fell to a new low in 2007 with just 29,436 transactions recorded as buyer resistance set
      595 words
    • Article
      Lock icon New licence system for traders in April
      193 10 DETAILS of a new and simplified licence system for traders were spelled out yesterday in a speech by Minister of State for Finance and Transport Lim Hwee Hua given at Suntec Singapore Convention Centre to mark International Customs Day. She said that the
      193 words
    • Article
      Lock icon Headstart for firms that tap govt assets creatively
      251 10 They will get either price discount or bidding advantage COMPANIES with creative business ideas involving government assets will now be rewarded under a new government initiative. Under the First Mover Framework, these firms can enjoy either favourable treatment in bidding for the
      251 words
    • Article
      Lock icon HSBC staff spread CNY cheer
      285 10 FOR the past three days, some 500 staff from the Hongkong and Shanghai Banking Corporation (HSBC) have traded their business suits and the air-conditioned comfort of their offices for brooms, mops and paint brushes. As part of the HSBC Corporate Responsibility Challenge, staff volunteers helped
      285 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7781 10 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (S'pore) Star Europe Eqty!** 0.897; Star Europe Bond 1.203j Star Europe Bal 1.169; Star Asian Tiger Eqty 1.456; Star Asia Bond 1.234; Star Asia Balanced 1.014; Star Global Technology Fund!" 0.2; Multi St Fd 0.936; Star Asia Bond(USD 0.863; Gib Multi St USD
      7,781 words
    • Article
      Lock icon December production output contracts 1.7%
      390 11  -  CHEW XIANG EDB says dip in Pharmaceuticals leaves biomedical output down 34% By jinGAPORE'S manufacturng output contracted 1.7 aer cent in December for ;he second month running is biomedical production shrank 34 per cent, the Ecolomic Development Board mnounced yesterday. Output in November fell 1.5
      390 words
    • Article, Illustration
      Lock icon 4th varsity can teach soft skills
      560 11  -  CHEN HUIFEN Employers want adaptable grads who are risk-takers Reports by HAVING soft skills such as adaptability, a penchant for risk taking, being culturally sensitive, and more world-ly-wise these are some of the attributes that industry players would like to see more of in
      560 words
    • Article
      Lock icon New short-term work passes for foreigners
      334 11 FOREIGNERS working on short-term assignments in Singapore are no longer to be issued with Professional Visit Passes (PVPs) by the Immigration Checkpoints Authority. Instead, from Feb 1, the Ministry of Manpower (MOM) will introduce two new Work Pass categories for such foreigners the Miscellaneous
      334 words
    • Article
      Lock icon Job cuts in US won't affect S'pore ops: Yahoo
      226 11 JOB cuts by Yahoo! Inc in the United States will not affect its Singapore operations, said its South-east Asia managing director and vice-president, Ken Mandel. "It won't have an impact," he said yesterday at the end of a discussion on the
      226 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon Fridges, aircons listed in labelling scheme
        36 11 SOME 312 airconditioner models and 235 refrigerator models have been registered and labelled under the National Environment Agency's Mandatory Energy Labelling Scheme since it came into effect on Jan 1.
        36 words
      • Article
        Lock icon Soon is MediaCorp TV news chief editor
        57 11 MEDIACORP News yesterday announced the appointment of Debra Soon as chief editor of its TV news and current affairs division. She will oversee the strategic development, positioning and editorial content of news and current affairs programmes for its English, Malay and Tamil divisions.
        57 words
      • Article
        Lock icon 50 participants attend Latin America seminar
        53 11 A SINGAPORE Business Federation seminar on opportunities in Latin America attracted some 50 participants yesterday. The seminar examined how Singapore companies can tap growth opportunities in Latin America through the Asia-Pacific Economic Cooperation CEO Summit to be held in Lima, Peru, from Nov 20
        53 words
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  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      34 11 OUP!!rH!J VtmSF JgjPH A BRAND NEW YEAR, «i» g| n UIIM A BRAND NEU "M? PRINTER W MS I3U B^usK nnnirPTnn WbHß™ PnOJELJOR "'"-"Si W <#eM.>£ w TO FIND OUT MORE' srSTimesbookstoreSK, WWW.RADXOQI3.COM sPHinagazines
      34 words
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      Lock icon Page 11 Advertisements Column 2
      180 11 BaBBBBSBaBBBBIIaSB^ L GLOB^!~ pu-R"^r!^.u" R"? <?"^ vr/I I 4M SPH The Sunday Times 20Aug 2006 F^f-^i Although we have NO Prior Experience, this powerful program k enables us to earn 10 times than before. We are earning Ss£u,ooo w* <y' monthly now. EARNING $10,000 monthly is EASY for Anyone with
      180 words
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  • MALAYSIA
    • Article, Illustration
      Lock icon Election to be held this year: Abdullah
      499 12 Bloomberg Declines to be specific but first time he has publicly given a timeframe [DAVOS] Malaysian Prime Minister Abdullah Ahmad Badawi has said that the country will hold a general election this year before the premier's first term in office expires in 2009.
      Bloomberg  -  499 words
    • Article
      Lock icon Hextar Chemicals in RM10m venture with India's Unitop
      512 12  -  PAULINE NG By I in Kuala Lumpur THE occasional bilateral hiccups and a delay in inking a free trade agreement (FTA) between Malaysia and India have not slowed investments between both countries. Indian companies last year forked out some US$76l million for
      512 words
    • Article
      Lock icon SGX MAINBOARD
      8779 12 Transaction date: Jan 25 52-wks Tel )h Low Code Last Sale Vol ('000) Hii Day Last Quote Div Gr Yld Net |h Low Buyer Seller C'vr P/E M Cap $mil Hij Com[ i an; 5716 1st Software 22 6.5 3148 STelecom 29 11 5834 A-Sonic 107 98 6389
      8,779 words
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  • INDONESIA
    • Article, Illustration
      Lock icon Ex-Garuda pilot gets 20 years for murder
      295 13 AFP New evidence points to his guilt in death of activist [JAKARTA] An Indonesian court has handed a 20-year prison sentence to a former pilot for the 2004 murder of a leading human rights activist who died on a flight to Amsterdam, a
      AFP  -  295 words
    • Article
      Lock icon Indonesia mulls sale of 20% stake in BNI
      228 13 Reuters [JAKARTA] Indonesia is considering selling a 20 per cent stake this year in the country's fourth-largest lender, PT BankNegara Indonesia Tbk (BNI), State Enterprises Minister Sofyan Djalil said on Thursday. The stake is worth around U*****.8 million at current market prices.
      ■ Reuters  -  228 words
    • SGX
      • Article
        Lock icon MOST ACTIVE STOCKS
        60 13 VOLUME Ban Joo 74,846,000 Yangzijiang 47,454,000 JiutianC 35,855,000 China Hongxing 35,519,000 LottVis 34,305,000 STXPO KWIOO 31,372,000 Lian Beng 30,013,000 Sing Tel 29,208,000 JES 27,428,000 Centillion 26,737,000 Clob VALUE (S) DBS Grp 260,732,308 SGX 181,289,520 Capita Land 113,375,670 Sing Tel 110,087,800 UOB 105,714,040 OCBC Bk 92,828,590 STX PO
        60 words
      • Article
        Lock icon RISES
        110 13 BY CENTS CLOSE UP GLD 10US$ 9140 483.3 3.9 JMH 2658 224.6 6.3 China H 10US$ 1802 152.1 6. Jardine C&C 1934 118.0 6.5 SGX 1088 78.0 7.7 IS MSCI India 100 877 76.8 6.6 Cit' 1288 66.0 5, SIA 200 1648 66.0 4.2 S I A 1646 60.0
        110 words
      • Article
        Lock icon FALLS
        117 13 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN JSH 1492 -39.8 -1.8 STI 3700BNPePW*****8 42.5 -26.0 -38.0 STI 3450 DBePW*****2 89 -15.0 -14.4 CoscoCori NPePW***** 3.5 -14.5 -80.' CoscoCori NPePW***** 37 -14.0 -27.5 Kei i Con BNPePW*****0 25 -14.0 -35.9 Caj iitalanMBLePW***** 43.5
        117 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      87 13 Up Down Unch 13 2 2 Up Down Unch 0 0 0 Up Down Unch 13 2 2 Multi Ind Manufacturim 152 27 33 17 11 169 34 Commerce 46 10 12 12 58 13 J4 31 Finance 25 25 lonstruction 36 36 Hotel s/Rsts iervices I
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      123 13 TURNOVER C000) MAIN SDQ TOTAL VALUE C000) SDQ TOTAL MAIN Multi Ind 24,126 24,126 115,933 115,933 Manufacturing 474,307 63,804 538,111 435,865 6,629 442,494 Commerce 156,190 4,722 160,912 103,876 743 104,618 >r/< 144,468 691 145,159 398,972 221 399,19} Finance 81,947 10 81,957 674,163 674,164 Construction 89,267 30,462 119,729
      123 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      48 13 Stock name Close Chani CapitaLand 6.530 +0.390 lapital lityl lev -OSCO .orp irp ient [ntl Ian line ipel .orp ipel .am irp Stock name Close Chani 01am 2.790 +0.110 :ngg ■ngg Jeml .orp jeml laF >ing >tar lai Jeverage I mar 'angzijiang 'anl lori
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    • Article
      Lock icon BONDS & WARRANTS
      2825 13 BONDS WARRANTS Tel Code Com| Prem Expiry Tel Last Vol Conv Exer Disc Gear- Mths Code Company Sale +or- ('000) Ratio Price ing Left 2036 Advance SCT Ltd W*****9 14.5 -0.5 39 1 87 51 4.62 31 8798 Ascendas REIT SGA ECW*****3 9 4 550 1 248 2 9092 Asia
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    • Article
      Lock icon SGX CATALIST
      2329 13 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
      2,329 words
    • Article
      Lock icon SGX XTRANET
      76 13 52-Wk Tel High Low Code Last Sale Vol COOP) Day Last Quote ]h Low Buyer Seller Div GrYld Net MCap Cyr P/E $mil Coi Hi! 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 IS S&P500 *****
      76 words
    • Article
      Lock icon CLOB INTERNATIONAL
      71 13 52-Wk Tel High Low Code Last Sale Vol cooo] Day Last Quote Low Buyer Seller Div GrYld Net MCap C'vr P/E Smil Comi Hii 141 93 6000 AVJennings 21.5 5 6134 Over&Gen 60.5 19.5 6017 StarCruises 320 181 6019 TanChonglnt A93 A13 US22 HK250 +1.5 +10 ***** 1209
      71 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon HK chamber chief steps aside after being charged with fraud
      534 14  -  JANE MOIR Lily Chiang takes leave of absence; court hearing set for March 4 By in Hong Kong THE head of Hong Kong's largest business chamber and the first woman to hold the post has stepped aside amid fraud allegations.
      534 words
    • Article, Illustration
      Lock icon IT'S ALL IN THE ARM
      86 14 AFP [BEIJING] Young Chinese ballplayers learning a gesture from San Diego Padres coach Dave Winfield on Thursday during a press announcement with Los Angeles Dodgers coach Joe Torre (not pictured). China will host its first professional baseball games in March, when the Los Angeles Dodgers
      AFP  -  86 words
    • Article
      Lock icon BURSA MALAYSIA
      2300 14 -.Reuters Source:. Ian 25 RM ASM Realty 0.83 \bric Bhd 0.24 advance Synergy 0.19 Adventa Bhd 1.35 Ae Multi Hldgs 0.29 Win Holdings 2.47 Ahmad Zaki Resou 1.54 AicCorp 0.65 \irasia Bhd 1.51 Akn Technology 0.59 alliance Financi 2.93 aluminium Co 1.17 Amalgamated Ind 0.49 Grp ....unch Ammb
      -.Reuters  -  2,300 words
    • Article
      Lock icon Ping An will go ahead to raise US$2l b in capital
      370 14 Reuters State-run paper reports that Beijing may block the move [SHANGHAI] Ping An Insurance, the country's second largest life underwriter, yesterday said that it will push ahead with its US$2l billion capital raising plan despite a report that Beijing
      Reuters  -  370 words
    • Article
      Lock icon Sarkozy gives his backing to US-India nuclear deal
      306 14 Reuters [NEW DELHI] French President Nicolas Sarkozy, seeking to cement political and business ties with a booming India, voiced support at the start of an official visit for New Delhi's controversial nuclear deal with the United States. Mr Sarkozy also echoed Britain's
      Reuters  -  306 words
    • Article
      Lock icon Beijing backs banks' overseas push on rivals
      437 14 Bloomberg Rules being drafted to capitalise on US mortgage fallout [BEIJING] China supports plans by the nation's largest banks, including Industrial Commercial Bank of China (ICBC), to acquire overseas rivals whose shares have fallen amid the US mortgage market collapse, the industry regulator
      – Bloomberg  -  437 words
    • Article
      Lock icon Tata Steel posts net profit of 33b rupees for Q2
      248 14 Bloomberg [MUMBAI] Tata Steel Ltd, India's biggest steelmaker, said yesterday that second-quarter profit, including that of Corus Group Pic, was 33.08 billion rupees (Ssl.2 billion). Net income included a one-time gain of 18.5 billion rupees from an increase in the
      Bloomberg  -  248 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon France seeks to limit damage from scandal
      1297 15 Reuters, AFP SOCGEN SHOCK Tough questions being asked about controls in Europe's leading banks [PARIS] A Societe Generale share trader who ran up losses of 4.9 billion euros (5510.3 billion) had positions of more than 50 billion euros, a top French presidential adviser
      Reuters, AFP; REUTERS  -  1,297 words
    • Article
      Lock icon SocGen sell-off may have spurred Fed cut
      283 15 -AFP [WASHINGTON] A young trader blamed for huge losses at a French bank may have pushed the US Federal Reserve into an unprecedented rate cut this week, US media said yesterday. "Was the Fed tricked?" asked Wall Street Journal commentator David Gaffen. Mr
      -AFP  -  283 words
    • Article
      Lock icon Besides rate-lowering, BOJ has to deal with inflation now
      505 15  -  ANTHONY ROWLEY By in Tokyo INFLATION in Japan hit a 10-year high in December, adding to problems faced by the Bank of Japan (BOJ) which is under pressure to drop interest rates in the face of a threatened global economic slowdown,
      505 words
    • Article
      Lock icon Business leaders pour scorn on banking industry
      447 15 -Reuters [DAVOS] Business leaders said that they were aghast by the culture of banking and its excesses following revelations that a trader at French bank Societe Generale had lost US$7 billion through possible fraud. "It's something that further damages the image of banking
      -Reuters  -  447 words
  • Page 15 Advertisements
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      331 15 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF BIORICHPTELTD Co. Registration No. *****3558 M IN MEMBERS'VOLUNTARY LIQUIDATION Atari Extraordinary General Meeting of the above named Companyheld at37i Beach Road #19-06 Keypoint, Singapore *****7 on the 22nd day ot January, 2008 at 11.00 a.m., the
      331 words
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      Lock icon Page 15 Advertisements Column 2
      114 15 "Tin World ftp Of The Roof" Highly symbolic value that All Dzi stones possess the Mystic Power of bringing Luck, Wealth Peace. My Dzi Stones are 100%"Authentical! ■LatestcollKtionlExtremelyprKmnime 72 Eyes Dzi stone toaste/piece' •3Eyes«Tann*6EyeipredousDziMoW 7 pclonjevJfy and lotus Boflfe Design ■TpcHemenandEarthDriMotif 7pc6rtreme/y flare Buddha Eyes' Quadruple' rfKuVEfi oiifl conn 7
      114 words
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      Lock icon Page 15 Advertisements Column 3
      109 15 g FM «OW"» B FEBRUARY ISSUE OUT NOW! The second issue of the revamped Pulses is now out at Buzz Pods, major bookstores, selected newsstands and all Spinelli outlets for only $5.50 IN THIS ISSUE How an airline pilot flies high in the stock market Why it doesn't always pay
      109 words
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  • WORLD
    • Article, Illustration
      Lock icon PM Lee: Go greener by phasing out subsidies
      535 16  -  ANNA TEO By in Davos, Switzerland MANY Asian economies can perform "much better and greener" if they phase out energy subsidies, but developed countries must lead in reducing their own greenhouse gas emissions, Prime Minister Lee Hsien Loong said here yesterday. Speaking
      MINISTRY OF FOREIGN AFFAIRS  -  535 words
    • Article
      Lock icon US$l4sb stimulus plan for US economy falls short
      536 16 The Washington Post It may not be fast enough to help over the next few months [WASHINGTON] The US$l45 billion stimulus package Congress and the Bush administration unveiled on Thursday meets the tests most economists prescribed for the ailing economy: It is
      The Washington Post  -  536 words
    • Article
      Lock icon Sovereign funds told to be more transparent
      770 16 ■NYT But nations urged to be clearer about sectors they consider strategic or sensitive [DAVOS, Switzerland] Huge pools of state-controlled cash have rescued American and European banks from their own mistakes in recent months. And the people who run those funds want some
      ■NYT  -  770 words
    • Article
      Lock icon Study says private equity isn't big job killer
      395 16 ■NYT [DAVOS, Switzerland] Among the world's private equity kings and policymakers, the issue of whether buyouts create jobs or result in more layoffs has always been the US$lOO billion question. In perhaps the most extensive study conducted on the issue, the World
      ■NYT  -  395 words
    • Article
      Lock icon There's no substitute for the US consumer
      288 16 -NYT [NEW YORK] Not long ago, many experts were convinced that a vibrant world economy would prevent an American recession. Even if the beleaguered American consumer suddenly got thrifty, they reasoned, healthy spending on other shores was supposed to keep the expansion rolling.
      -NYT  -  288 words
    • DAVOS BRIEFS
      • Article
        Lock icon CEO: Merrill Lynch well positioned for growth
        99 16 Bloomberg [DAVOS] Merrill Lynch Co, which reported a US$9.B billion fourth- quarter loss last week, is "very well positioned" to grow this year, CEO John Thain said in an interview at the World Economic Forum in Davos. "The market volatility has been very
        ■ Bloomberg  -  99 words
      • Article
        Lock icon Chance to grow in tougher year: Barclays
        157 16 Reuters [DAVOS] Barclays sees tougher market conditions over 12 months as an opportunity for its investment banking arm to grow and invest, particularly in the United States, the bank's president said. "2008 brings one very important change to our priority list, and that's
        – Reuters  -  157 words
      • Article
        Lock icon Gates gives US$306m for African farming
        111 16 Reuters [DAVOS] The Bill Melinda Gates Foundation is giving US$3O6 million to boost the yields and incomes of small farmers in Africa and other parts of the developing world, it said yesterday. Support for agriculture in the developing world has been neglected, but is
        Reuters  -  111 words
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  • MOTORING
    • Article, Illustration
      Lock icon Mercedes-Benz is my co-driver
      577 17 The German carmaker's Pre-Safe Brake system can automatically swing into action to prevent a collision. SAMUEL EE reports XCESSIVE speed causes 30 per cent of all severe road accidents, according to the World Health Organisation. One way to lower this figure is, of course, to get
      577 words
    • Article, Illustration
      Lock icon Safety first
      418 17 SAFETY is a core value of the Mercedes-Benz brand and the German luxury carmaker has been involved in researching and developing safety technology for almost 70 years. It is a pioneer in several safety features for cars and the company continues to raise the bar for new innovations
      418 words
    • Article, Illustration
      Lock icon Messrs Fix-it
      773 17 ARTHUR LEE If you're seeking a solution to a high-performance engineering problem, try the partners at Hope Technik, suggests GEOFFREY EU DEEP in the heart of Upper Bukit Timah, behind the closed gates of an innocuous-looking light industrial building, Peter Ho is busy doing more or less what
      ARTHUR LEE  -  773 words
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  • GOLF
    • Article, Illustration
      Lock icon Fuelling the competition drive
      1042 18 Fresh sponsorship for a series of tournaments in Spore is spurring pros to hone their skills, reports JUSTINE MOSS MAINTAINING a competitive edge and a hunger for winning in professional sports requires practice plenty of it and, just as importantly, some meaningful competition. Most countries have
      1,042 words
  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      712 18 Wine&dine with weekendßT Chatterbox seafood, soups, enticing local and international dishes, Joseph Martin present culinary creations incorporating For an al ternative dining experience, come to Vibe m Orchard Road Merits Mandarin Sinaavore unic!ue noodle station t0 one of the lar9est salad bars Scottish Produce- Set lunch and eight-course Restaurant for
      712 words
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  • WELLNESS
    • Article, Illustration
      Lock icon Wonders of new veneers
      757 19  -  CHEAH UI-HOON Looking for the perfect smile but can't decide between crowns or veneers? BT Weekend takes a look at dental makeovers By COMPUTER-AIDED technology for dental work, specifically a system called Cerec 3D, is changing the way a few dentists here give fillings, veneers and
      757 words
    • Article, Illustration
      Lock icon This will make you smile
      1025 19  -  CHEAH UI-HOON By IT used to be you visited the dentist for fillings and to pull out your wisdom teeth. You know, practical, functional purposes like that. And then braces came along, and having well-shaped, even teeth was a process that started in your teenage
      1,025 words
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  • Page 19 Miscellaneous
    • Miscellaneous
      Lock icon Page 19 Miscellaneous Column 1
      330 19 CRYPTIC CROSSWORD ACROSS I More surprised than one nIrI[3I [4 I I [5 I [7 I I 6 Mock drill after getting Ger- BJ BJ BJ BJ BJ BB 8 Rebellion at university beco- I_H I I ming hostile (8) ■■BJ 9 Bird one's put in film (6) BB BB__BB__BBBB
      330 words
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  • SHOPPING
    • Article, Illustration
      Lock icon Traditiona outfit goes contemporary
      1103 20 CHEAH UI-HOON looks at what some young designers are doing to update the qipao I OR a long, long time, there was just too much of a "theme dress" feel to qipaos or cheongsams (as they're known colloquially). This was even when they got all hip
      1,103 words
    • Article, Illustration
      Lock icon One ring to rule them all
      255 20  -  CHEAH UI-HOON By IF you've been to the cinemas to watch the uncensored version of Lust, Caution, you'd know that the scene where you hear a loud gasp from the audience in the movie isn't during the much-talked-about sex scenes, but the scene at
      255 words
    • Article, Illustration
      Lock icon The men get it too
      480 20 Becca's line of concealer products is not just for the ladies, reports CHRISTOPHER LIM AUSTRALIAN make-up brand Becca has finally arrived in Singapore, with a line of foundation and concealer products that has so many shades you'll definitely be able to find something for your
      480 words
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  • PERSONAL SPACE
    • Article, Illustration
      Lock icon Touches of subtlety
      1169 21 Newly married couple Adrian Ang and Usha Chandradas's new home is a perfect extension of its inhabitants, writes PARVATHI NAYAR IT'S like the subtle thing that happens when people define themselves by the labels they wear: you turn to look at the watch or tie, rather than
      JOHN HENG  -  1,169 words
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  • Article, Illustration
    Lock icon Sweet start to Chinese New Year
    1038 22 You can stick to the traditional or you can dazzle with gold leaf cakes. Whichever way you like your festive treats, there're rich pickings to be had, writes JAIME EE SO here we go around the candy dish as the Chinese New Year feast
    JOHN HENG; JOHNHENG  -  1,038 words
  • Article, Illustration
    Lock icon Letting off steam French Laundry's Keller to cook here
    1060 22 He will showcase his cuisine at the 13th Annual Wine, Food and Arts Experience, writes GEOFFREY EU AS someone who holds six Michelin stars, owns two of the most famous restaurants in the world, is the author of a definitive best-selling
    1,060 words
  • Page 22 Miscellaneous