The Business Times, 4 April 2008

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Microfilm: NL28887
Total Pages: 34
1 34 The Business Times
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  • Title Section
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    21 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg mS* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA(P) 122/12/2007 Friday, April 4,2008
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  • Article
    Lock icon Al-Futtaim bags Robinson after Lippo accepts offer
    827 1  -  MICHELLE QUAH Bid raised to $7.20 to mop up more; Dubai investor now has an 87.19% stake By [SINGAPORE] It took up to the very last minute, but the Al-Futtaim Group has succeeded in its takeover of retailer Robinson Co. The Dubai-based investor
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  • MARKETS DIGEST
    • Article
      Lock icon MARKETS
      46 1 lursi iam KLCOMP 1,225.58 -14.07 NIKKEI 225 13,389.90 +200.54 HANG SENG 24,264.63 +392.20 SET INDEX 826.68 +0.97 JAKARTA COMP 2,237.97 -104.22 MANILA COMP 3,034.81 -13.50 SEOUL COMP 1,763.63 +21.44 SHENZHEN B 540.45 +4.13 MUMBAI IND 15,832.55 +82.15 12NOONEDT Change 12,590.77 -15.06 DOW NASDAQ 2,355.18 -6.22
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    • Article
      Lock icon PRIME RATES
      28 1 SINGAPORE 5.33 MALAYSIA 6.74 HONGKONG 5.25 INDONESIA 15.622 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.25 US 5.25 CANADA 5.25 SWITZERLAND 4.21 INDIA 12.25 Source: Bloomberg
      Bloomberg  -  28 words
    • Article
      Lock icon FOREX
      43 1 USS SS US$ (S$ per US$) 1.383 (USS/SS per 1.983 2.743 EURO(US$/S$/E) 1.562 2.161 YEN 102.70 74.30 RM 3.193 2.308 HK$ 7.791 5.632 BAHT 31.61 21.99 RUPIAH 9,225 6,669 RENMINBI 7.017 5.073 INDIAN RUPEE 39.97 28.89 A$ 1.091 0.789 NZ$ 1.268 0.917
      43 words
  • Article
    Lock icon MediShield moots bigger payouts for higher premiums
    651 1  -  EMILYN YAP Move to cut out-of-pocket payments by patients By [SINGAPORE] Payouts from the national health insurance scheme MediShield may be raised to cover about 80 per cent of hospital bills. The trade-off, however, comes in the form of higher MediShield premiums though
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      103 1 8 *****1 *****4 IIJ I spent 22 years in the civil service, but people never believed I was A a civil servant. 9 V^'^Afe^^vKp JbfW Mir^- f JJm t o£^^SlKik Sffl^j^ Games In Los Angeles. OMEGA, as Official Timekeeper, B IBSaVw^^ ilii^jjiSr^ilC*P^ i Im m I introduces a new chronograph
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  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      45 1 INTERVIEW RICE MMfcteT MOVIES fT^ K'f Mr Yen reflects on the Ample supply here, j §Bfc4j_<~^fti Winston Chao scores laV <r^P woes of the times sayslswaran *c V'^l a hat trick jL\ -jM^^ I PAGE 23 PAGE 10 PAGE 30 J P t/ JK if
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  • TOP STORIES
    • Article
      Lock icon Occupancy at business parks hits five-year high
      458 2  -  ARTHUR SIM Office space crunch also lifts high-tech space occupancy to 94.1% at end of Q1 By [SINGAPORE] The average occupancy rate for business parks has hit a fiveyear high, crossing the 90 per cent mark. According to a report by CB Richard
      458 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Rescue of Bear aimed at protecting US financial system
        43 2 THE US Federal Reserve moved to assist Bear Steams to prevent a failure that could have dealt serious consequences to the US economy, Federal Reserve chairman Ben Bernanke reiterated yesterday. TOP STORIES, PAGE 3
        43 words
      • Article
        Lock icon LTA turns down SMRT's appeal to lower penalty
        42 2 THE Land Transport Authority has turned down SMRT Corp's request for a reduction in the penalty imposed on the rail operator for an incident in January which disrupted train services. COMPANY NEWS, PAGE 4
        42 words
      • Article
        Lock icon Japan Land unveils new focus
        42 2 JAPAN Land yesterday unveiled its new business focus at an extraordinary general meeting and shed light on the new Internet Data Centre to be built in Singapore with its joint-venture partner CS Technology. COMPANY NEWS, PAGE 5
        42 words
      • Article
        Lock icon Sub-prime crisis not a barrier to genco sale
        64 2 THE sub-prime crisis will not stymie the sale of the two remaining Singapore generating companies because there is a flight to quality assets, Senoko Power president and CEO Roy Adair said this week. This is obvious from the strong investment interest that
        64 words
      • Article
        Lock icon US$3.5m more for Moleac for stroke drug trials
        79 2 SINGAPORE-based drug company Moleac is one step closer to launching its first product on a wider scale, following a recent investment of US$3.5 million from Hunza Ventures and a group of private investors in Europe and Asia. The company said the bulk
        79 words
      • Article
        Lock icon Invest 1% in Africa, sovereign funds told
        80 2 THE World Bank wants to convince sovereign wealth funds to invest one per cent of their estimated US$3 trillion in assets in Africa, its president Robert Zoellick said on Wednesday. Dubbed the "One Percent Solution" for equity investment in Africa, the system being
        80 words
      • Article
        Lock icon Indonesia may curb rice export as inventories fall
        36 2 THE world's third-largest rice producer, Indonesia, may join China, India, Vietnam and Egypt in curbing exports as declining inventories threaten to spark unrest around Asia. MALAYSIA/INDONESIA, PAGE 13
        36 words
      • Article
        Lock icon China urges banks to boost farm lending
        36 2 CHINA'S banking regulator yesterday urged banks to extend more farm loans to help boost the supply of food, especially grain, and bring inflation under control. GREATER CHINA, PAGE 16
        36 words
      • Article
        Lock icon Paulson signals more help coming for homeowners
        36 2 US TREASURY Secretary Henry Paulson has indicated that the Bush administration is willing to consider congressional plans to stem foreclosures by expanding government guarantees for mortgages. ASIA-PACIFIC/WORLD, PAGE 19
        36 words
    • Article
      Lock icon 'Referee' won't cap price of football on TV
      644 3  -  LEE U-WEN But MDA has asked pay-TV operators to remain sensitive to needs of consumers By [SINGAPORE] Even as Singaporeans grapple with the harsh reality of having to pay more to watch football 3n television, the government has come out to say
      644 words
    • Article
      Lock icon On screen
      131 3 Pay TV services in Asia Pacific and key pay TV markets 'ay I Singapore StarHub Basic tier sports package S$49 (without GST) (8 sports channels) (note: sports package is $25) Malaysia Astro Basic tier 5 sports channels RM54.95 (S$23.77) Thailand True visions Package of 71 channels, inclusive of
      131 words
    • Article
      Lock icon Fallout dire: Fed justifies Bear Stearns rescue
      471 3 -AP Bernanke, other govt officials defend central bank's move at Senate testimony [WASHINGTON] The US Federal Reserve moved to assist a Wall Street investment bank on the brink of bankruptcy to prevent a failure that could have dealt serious consequences to the US
      -AP  -  471 words
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  • COMPANY NEWS
    • Article
      Lock icon Jade Tech: some questions that need urgent answers
      816 4  -  R SIVANITHY UST a week ago, things looked pretty straightforward for anyone who bought shares of Catalist-listed Jade Technologies. The company's major shareholder and director Anthony Soh had offered 22.5 cents a share for the 53.5 per cent of Jade he did
      816 words
    • Article
      Lock icon Wilmar in JV with Ukraine, Russia firms
      151 4 Reuters WILMAR International, the world's largest palmoil trader, said it would establish a US$l36 million joint venture firm with Russia's Nizhny Novgorod Fats Oils Group and Ukraine's Delta Exports Pte Ltd. The structure of the joint venture would be completed by the end
      – Reuters  -  151 words
    • Article
      Lock icon LTA turns down SMRT's appeal to lower penalty
      312 4  -  SAMUEL EE It says mitigating actions have already been considered By THE Land Transport Authority (LTA) has turned down SMRT Corp's request for a reduction in the penalty imposed on the rail operator for an incident in January which disrupted train services.
      312 words
    • Article
      Lock icon Optus deal loss bad for SingTel: JPMorgan
      171 4 Reuters AN Australian government decision to cancel a broadband contract involving Singapore Telecommunications is a setback for the group as the deal would have strengthened it against rival Telstra, JPMorgan said in a client note. Australia on Wednesday cancelled a As9sB million (Ssl.2
      – Reuters  -  171 words
    • Article
      Lock icon Japan Land unveils new focus
      486 5  -  LYNETTE KHOO EGM WATCH It says its new IDC here will be 'very meaningful' to its shareholders Reports by JAPAN Land yesterday unveiled its new business focus at an extraordinary general meeting (EGM) and shed light on the new Internet Data Centre (IDC) to be
      486 words
    • Article
      Lock icon Japan Asia Hldgs, unit serious about share buy-back: chief
      354 5 SHOWING its intent to place a serious offer on the table, Japan Asia Holdings' (JAH) board of directors will meet in Hong Kong this month to formally approve an offer to acquire International Capital Investment Ltd's (ICIL) stakes in its own
      354 words
    • Article
      Lock icon Noble raises $209m from private placement
      294 7  -  CHOW PENN NEE Proceeds from placing out 100 m shares will be used to support business expansion, it says By NOBLE Group has raised about $209 million through a private placement to expand its business. The agriculture and mining group said yesterday that the
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    • COMPANY BRIEFS
      • Article
        Lock icon Hosen unit to build new office
        67 7 HOSEN Group's wholly owned subsidiary, Hock Seng Food Pte Ltd, is planning the demolition of its existing single storey JTC standard factory and the construction of a new 4-storey single user office cum warehouse building at Pandan Loop for $6.29 million. The construction of
        67 words
      • Article
        Lock icon Biosensors' stent launched in Europe
        94 7 BIOSENSORS International Group announced yesterday the full launch of its Bio Matrix drug-eluting stent system in major European markets as well as in key markets in the Middle East, Africa and Asia. Developed internally by Biosensors, Bio Matrix is a drug-eluting stent system that combines
        94 words
    • Article
      Lock icon ABN Amro launches certificates linked to commodity index
      365 7  -  SARA LIM By DUTCH bank ABN Amro has announced the launch of certificates linked to the Rogers International Commodity Enhanced Index (RICI Enhanced) and its Agriculture sub-index for listing on the Singapore Exchange (SGX). The exchange-traded certificates, the first in Asia, are
      365 words
    • Article
      Lock icon Market likely to bottom out in Q3, says ÜBS
      506 7  -  OH BOON PING By ÜBS INVESTMENT Research believes that the Singapore stock market may bottom out in the third quarter of this year, and recommends growth and value stocks. Stock picks include Cosco Corp, 01am International, UOB, DBS, Capita Land and
      506 words
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      221 5 Bl BH^^^^^^^™^^^^?^CSH?^BHB^?^fifi^^^^^^3i Bh 1 V ->^>W Chef.Author.TVPresente! ■^HBKH»»»»tv. J^BWvV IV^^S^S Marketplace m£mmm£%& .^1 Get a chance to meet one of People Magazine's |xA y^fli .^1 Sexiest Men Alive! Curtis Stone, Discovery Travel Y^Hr9i SiP!w9r?^PQIU I V Living's Take Home Chef will be making an I^^^ HTV appearance at a book
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon STI rises 47 to 10-week high
      576 6  -  R SIVANITHY STOCKS A seven-cent rise in Sing Tel to $4.02 added about seven points THE Straits Times Index (STI) extended its recent gain to 46.94 points yesterday, closing at 3,171.55, its highest level since it ended at 3,154 on Jan 15. The rise
      Bloomberg  -  576 words
    • Article
      Lock icon SECURITIES TRADING SCOREBOARD
      102 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 8 5 4 0 0 0 8 5 4 Manufacturing 81 51 55 11 89 58 66 Commerce 21 17 21 25 21 26 Tpt/Stor/Com ms 17 16 17 17 Finance 18 10
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    • Article
      Lock icon SECURITIES TRADING TURNOVER
      114 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 43,265 43,265 155,819 155,819 lanufacturing 549,265 25,593 574,858 360,730 2,192 362,921 Commerce 83,432 552 83,984 186,407 78 186,485 'pt/Stor/Comms 106,701 140 106,841 318,245 37 318,282 :inance 48,938 48,938 529,246 529,246 Construction 107,449 8,412 115,861 25,694 836 26,530 ■roperties 58,918
      114 words
    • Article
      Lock icon STRAITS TIMES INDEX STOCKS
      103 6 CapitaLand 6.800 4-0.120 CapitaMall 3.540 CityDev 12.400 4-0.480 Cosco Corp 3.720 -0.130 IBS Grp 19.820 4-0.240 :&N 4.980 4-0.090 Sent Intl 0.630 4-0.020 IK Land 4.220 4-0.080 ISH 17.020 lardine C&C 18.000 -1.400 Ceppel Corp 10.520 4-0.300 Ceppel Land 6.200 4-0.170 IOL 3.630 4-0.190 loble Grp
      103 words
    • Article
      Lock icon BROKERS' TAKE
      975 6  -  MATTHEW PHAN Sembcorp Marine April 3 close: $3.76 Credit Suisse, April 2 LOSSES from unauthorised transactions lower and are a "one-off: At a presentation, Sembcorp Marine's Judy Han reiterated the position that the unauthorised transactions were a "one-off" event and that management and the board have taken steps
      975 words
    • Article, Illustration
      Lock icon Asia slips after Bernanke remarks
      478 6 Reuters CURRENCIES [SINGAPORE] Asian currencies fell slightly yesterday after Federal Reserve chairman Ben Bernanke said the US economy may fall into a recession in the first half of 2008 but raised doubts about further interest rate cuts. The Philippine peso fell about a third of
      – Reuters; REUTERS  -  478 words
    • Article, Illustration
      Lock icon STRAITS TIMES INDEX
      4 6 DAILY
      4 words
    • Article
      Lock icon OTHER SINGAPORE INDICES
      55 6 Apr 3 VALUE CLOSE 855.00+186.0 BT OB/OS BT CADI -*****.00 +81.0 BT 10-day MA -*****.00 +86.00 FTSE ST Mid Cap 782.94 +9.65 FTSE ST Small Cap 652.73 +1.00 FTSE ST All Share 802.23+10.23 FTSE ST China 483.30 +0.90 UOB Catalist 152.48 +0.83 SIMSCI 394.97 +5.54 SIMSCI Futures
      55 words
    • Article
      Lock icon MOST ACTIVE STOCKS
      57 6 VOLUME ChinaEnerqy 99,254,000 UniFiber 80,070,000 Centillion 63,413,000 Synear 60,304,000 Golden Agri 52,468,000 CoscoCorpMßLeCWoBo7o3 49,774,000 China Hongxing 40,630,000 Sing Tel 34,508,000 Yangzijiang 32,694,000 Li Heng 32,051,000 VALUE(S) DBS Grp 175,776,712 SGX 162,577,782 Sing Tel 137,908,960 Capita Land 104,407,078 UOB 102,534,277 Cosco Corp 80,579,460 Keppel Corp 79,395,320 OCBC Bk
      57 words
    • Article
      Lock icon RISES
      109 6 CLOSE UP GLD 10US$ 8878 121.7 1.0 DBS Bk6% NCPS 10 ***** 110.0 1.0 Kei T&T 475 70.0 17.3 China H 10US$ 1699 67.8 3.0 SGX 880 50.0 6.0 At 1240 48.0 4.0 SGXMBLiCW*****0 323 39.0 13.7 SGX MBL iCW*****3 365 38.0 11.6 Kei MBUCW*****3 374 34.0 10.0 Kei
      109 words
    • Article
      Lock icon FALLS
      119 6 BY CENTS CLOSE DOWN Jardine C&C 1800-140.0 -7.2 CIMBAsean40 100US$ 925 -55.3 -4.1 STI 3100SGAePW*****9 23 -46.5 -66.9 India Ni 10 1658 -34.0 -2.0 OUE 1346 -34.0 -2.5 SGX DB ePW*****2 46 -15.5 -25.2 Robinson 686 -14.0 -2.0 Cosco Con 372 -13.0 -3.4 Creative Tech 610 -13.0 -2.1 CoscoCori
      119 words
    • Article
      Lock icon CURRENCIES
      85 6 Where S$ stands Apr 3 CHNG CLOSE FR Apr 2 YR 2008/07 S$ LOW S$ HIGH USS 1.3839 -0.17 1.5479 1.3757 Euro 2.1560 0.32 2.2064 1.9913 Pounds 2.7396 0.05 3.1194 2.7258 AS 1.2668 -0.58 1.3555 1.1741 Yen* 1.3461 0.79 1.4484 1.2285 Rill liah* 0.***** -0.28 0.***** 0.***** Baht* 4.3760
      85 words
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      395 7 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.comig. 0 MATS SAUJANA fcffi i^^BHMIIH 9 ">> Building A Community, Creating A Lifestyle Luxury Without Boundaries That's The Resort Living At Serai Saujana Serai Saujana has
      395 words
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      Lock icon Page 7 Advertisements Column 2
      57 7 r Climate change is one of the greatest threats to business success. Are you ready to turn a global challenge into a global opportunity? Business 22-23 April 2008 for the Suntec Convention Environment Centre, Singapore Global Summit 2008 HOSTED BY REGISTER NOW! fX\ ffmfa Online: www.B4Esummit.com I^S^ v^p'i Event enquires:
      57 words
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  • SINGAPORE NEWS
    • Article
      Lock icon Sub-prime crisis not a barrier to genco sales
      502 8  -  RONNIE LIM Senoko Power CEO Roy Adair says there is strong demand for quality assets By THE sub-prime crisis will not stymie the sale of the two remaining Singapore generating companies because there is a flight to quality assets, Senoko Power president
      502 words
    • Article, Illustration
      Lock icon Back-up power firm APC opens $2m centre in Ang Mo Kio
      406 8  -  ONG BOON KIAT Tech showcase here is second after facility in the US By APC, which sells back-up power and cooling equipment to data centres worldwide, yesterday opened its Energy Efficient Solutions Centre at its new 25,000 square foot
      406 words
    • Article
      Lock icon Just 2 bids for Ten Mile Junction site
      436 10  -  ARTHUR SIM Kheng Leong unit offers $162.40 psf ppr; Sim Lian Land, $121.60 psf ppr By THE public tender for an unusual development site at Choa Chu Kang Road and Woodlands Road has closed with just two bids received. The site, on
      436 words
    • Article, Illustration
      Lock icon Minister gives reassurance of ample rice supply
      297 10 Diversified sources, schemes to help lower income cited SENIOR Minister of State for Trade and Industry S Iswaran has reassured consumers that there is ample supply of rice in Singapore. "The key issue for us is not to panic, but to buy as
      JOHN HENG  -  297 words
    • Article
      Lock icon US$3.5m more for Moleac for stroke drug trials
      403 10  -  CHEN HUIFEN By< SINGAPORE-based drug company Moleac is one step closer to launching its first product on a wider scale, following a recent investment of US$3.5 million from Hunza Ventures and a group of private investors in Europe and Asia. The company
      403 words
    • Article
      Lock icon Stronger demand for SlA's first, business class seats to Houston
      234 10 SINGAPORE Airlines (SIA) is seeing stronger demand for its business and first-class seats than for economy on its newly launched Singapore-Houston route but the airline hopes to counter this by selling Houston as an attractive tourist spot for leisure travellers.
      234 words
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      2690 8 "~7~" I IN THE MATTER OF THE COMPANIES I THE COMPA^™,°CAP. 50 -jjjp ACT, CAP. 50 and r^ fFn^l MILLZcON HS EUmN TTS R pTELTD I \J %J M flu UEUDEDC urn lIUTADV (SINGAPORE) PRIVATE LIMITED AQIAMPniP I IMITPn \Z HV«:..»™S... (IN MEMBERS'VOLUNTARY MOIMIVICUIO LIMI I CU LIQUIDATION) liquidation) (Incorporated
      2,690 words
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      3748 9 h f NIPPECRAFT LIMITED T »l <Z (Incorporated in the Republic of Singapore) J NOTICE OF ANNUAL GENERAL MEETING KOH BROS ToAllSh a reh o ld e re 1 NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be held at the Singapore Marriott KOH BROTHERS
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      2460 10 I A II S> SUNPOWER GROUP LTD. f&fe uZTu™™ (Incorporated in Bermuda) {Company Registration No.: *****6364 D) (Incorporated in Singapore with limited liability) NOTICE OF 2008 ANNUAL GENERAL MEETING M^T!7lflW!tWVrftt^WefTnHWTn^imM NOTICE IS HEREBY GIVEN that the 2008 Annual General Meeting of the Company will be held at NOT CE S
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      5741 11 fJnMSL^JInTO^^ IN THE MATTER OF THE I I ill companiesact, ca 50 LEE META| GROUp LTD (InMembe^Volun^Uquida.ion) (ln Member^ V«L|uWation) WIJW SOUthern PaCkflglng GrOUP LllliitGll NOTICE OF ANNUAL GENERAL MEETING Reg. No. *****6062E h o w Jo- NOTlCElSHEREBYGlVENthattheAnnualGeneralMeetingoftheCompanywillbeheldatNo.7,TuasAvenuel6,Singapore63B934 NOTICE OF RESOLUTIONS NOTICE OF RESOLUTIONS S° n^Wraiion No 20W1'wiST on Monday,
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  • ECONOMY WATCH
    • Article, Illustration
      Lock icon Invest 1 % in Africa, sovereign funds told
      423 12 Invest 1 in Africa, sovereign funds told AFP That will channel USs3ob for African development says World Bank president Zoellick [WASHINGTON] The World Bank wants to convince sovereign wealth funds to invest one per cent of their estimated US$3 trillion in assets in Africa, its president Robert Zoellick said on
      AFP  -  423 words
    • Article
      Lock icon Asean to be vigilant on economic risks
      347 12 Bloomberg Finance ministers vow to maintain sound fiscal policies [DANANG, Vietnam] Southeast Asian governments will remain vigilant regarding risks that threaten their economic expansions, according to a draft statement by the region's finance ministers. "We remain cautious of the possibilities of an economic
      Bloomberg  -  347 words
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      1040 12 CHINA PRINT POWER GROUP LIMITED (Company Registration Number: *****) (Incorporated in Bermuda on 12 October 2006) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of China Print Power Group Limited (the "Company") will be held at The Singapore Recreation Club, B Connaught Drive Singapore
      1,040 words
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      156 12 Save $300 if you register and pay before 9 Apr 2008 Register Now!! Featuring the Best Practices Practical Insights on Finance Strategies from: 1 VCT| Be Updated on the Key Developments Critical Issues Affecting CFOs Manulife IBM Strategy to Synergy Global CFO Study 2008 7 Eleven City Telecom Orchestrating Change
      156 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Indonesia may curb rice export as inventories fall
      411 13 Bloomberg [JAKARTA] The world's third-largest rice producer, Indonesia, may join China, India, Vietnam and Egypt in curbing exports as declining inventories threaten to spark unrest around Asia. The country's rice production may exceed domestic consumption by two million metric tonnes this year,
      – Bloomberg; AP  -  411 words
    • Article
      Lock icon Perwaja listing may solve old mystery of financial scandal
      381 13  -  S JAYASANKARAN It could shed light on origins of falling out between Mahathir and Anwar By in Kuala Lumpur KINSTEEL shares moved up 3.5 per cent to RM1.14 apiece after the Securities Commission approved its plan to list its 51 per
      381 words
    • Article
      Lock icon Federal projects in Penang will continue: M'sian PM
      322 13 Reuters [PUTRAJAYA] Malaysia's Prime Minister Abdullah Ahmad Badawi has assured the Opposition-held Penang that federal projects will continue in the state despite the change of government there, Penang Chief Minister Lim Guan Eng said yesterday. Mr Lim was speaking to reporters after
      – Reuters  -  322 words
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      308 13 IT green because we care Own that which appreciates, rent that which depreciates. Rockfeller, 1920 *H All sharp financial minds know that investing in depreciating i assets like business |Hji&, technological hardware 4 7//w BURIES that cash. Choose to go rental instead with RENTWISE. fi ift Rentwise I jy^ www.rentwise.com.sg
      308 words
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  • INDIA
    • Article
      Lock icon India's first electricity bourse set to start power trading
      441 14 Bloomberg The exchange will facilitate power supply and increase pricing transparency [SINGAPORE] India Energy Exchange Ltd, the country's first, will start "very soon" to facilitate power supply in the world's sec-ond-fastest growing major economy, said shareholder PTC India Ltd. "The exchange
      Bloomberg  -  441 words
    • Article
      Lock icon UAE telecom giant looking to enter Indian market
      208 14 Xinhua Etisalat has held talks with several telcos in India [ABU DHABI] Etisalat, the telecom giant of the United Arab Emirates (UAE), has confirmed that it is studying strategies to enter the telecom market of India, local newspaper Gulf News reported yesterday.
      – Xinhua  -  208 words
    • Article
      Lock icon Indian firms tap private funds amid market rout, says Merrill
      256 14 Bloomberg [MUMBAI] Merrill Lynch Co, the top adviser for Indian share sales last year, said more companies will raise funds privately in 2008 amid the worst start to the year for Indian equity markets in at least three decades. "Clearly,
      Bloomberg  -  256 words
    • Article, Illustration
      Lock icon No plans to stop futures trading of edible oil, potato
      499 15 Bloomberg Regulator says bourses not to blame as price hikes have been universal [MUMBAI] India's commodities market regulator has said that there's no proposal to halt futures trading in edible oils and potatoes, denying a newspaper report that the government
      Bloomberg; AFP  -  499 words
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      3445 14 1 I 1 IN THE MATTER OF HYFLUX LTD HYFLUX LTD THE COMPANIES ACT (CAP. 50] (Company Registration No. *****2722Z) rmranl Booictratinn Mr. ?nnnm7?o7\ AND (Incorporated in the Republic of Singapore with limited liability) (Company Registration No. MXaz/lia AND (Incorporated in the Republic of Singapore with limited liability) IN THE
      3,445 words
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      2363 15 ASIA POWER CORPORATION LIMITED I jTI Company Registration No. *****1487 C Ur ff^ I (Incorporated in the Republic of Singapore) A\^ J NOTICE OF ANNUAL GENERAL MEETING \^_^S^ NOTICE IS HEREBY GIVEN that the 11" Annual General Meeting of ASIA POWER CORPORATION LIMITED will be held at 65 Chulia v—,u
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  • GREATER CHINA
    • Article, Illustration
      Lock icon Domestic firms a threat to China's reform: Paulson
      538 16 AP, Reuters [BEIJING] Influential Chinese companies that want to avoid competition are the biggest threat to more economic reform in China, US Treasury Secretary Henry Paulson said yesterday. Mr Paulson's comment echoed complaints by foreign investors that Beijing is trying to shield
      AP,; Reuters; AP  -  538 words
    • Article, Illustration
      Lock icon China urges banks to boost farm lending
      314 16 Reuters This will help boost food supplies and bring inflation under control: regulator [BEIJING] China's banking regulator yesterday urged banks to extend more farm loans to help boost the supply of food, especially grain, and bring inflation under control. The China Banking Regulatory
      Reuters  -  314 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7781 16 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.928/ Star Europe Bond 1.217/ Star Europe Bal 1.173/ Star Asian Tiger Eqty 1.355/ Star Asia Bond 1.183/ Star Asia Balanced 0.962/ Star Global Technology Fund!** 0.192/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.857/ Gib Multi St USD
      7,781 words
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      Lock icon A PAGE FROM THE PAST
      85 17 [BEIJING] The chief executive of the Royal Opera House, Tony Hall (left) showing an original copy of its gala performance in 1953 to Yang Jingmao, vice-president of the National Centre for the Performing Arts, during a press conference at the Centre here yesterday. The British
      AFP  -  85 words
    • Article
      Lock icon Smog worsens, producing Hong Kong's worst March
      324 17 Bloomberg [HONG KONG] Hong Kong had the worst March since 1968 in terms of visibility because of bad weather and pollution, figures from the city's observatory show. There were 173 hours of "reduced visibility", of less than 8 kilometres, in the city last
      Bloomberg  -  324 words
    • Article
      Lock icon China grappling with ethnic protests in Xinjiang
      170 17 -NYT [SHANGHAI] Chinese officials said on Wednesday they were grappling with ethnic unrest on a second front, in north-western Xinjiang region, where Uighur Muslims protested against Chinese rule late last month even as Tibetans rioted in the south-west. One Uighur demonstration, which appears
      -NYT  -  170 words
    • Article
      Lock icon BURSA MALAYSIA
      2246 17 tpr 3 RM COOO) ASM Realty 0.70 \bric Bhd 0.20 advance Synergy 0.13 Adventa Bhd 1.22 AeMuIti Hldgs 0.25 Win Holdings 2.00 Ahmad Zaki Resou 1.00 AicCorp 0.59 \irasia Bhd 1.37 Akn Technology 0.43 alliance Financi 2.77 AluminiumCo 1.05 Amalgamated Ind 0.42 Ammb Hldgs Bhd 3.58 Amtel Holdings
      2,246 words
    • Article
      Lock icon China produces bird flu vaccine from HSNI virus
      441 17 Reuters Drugmaker says vaccine is safe, effective after two clinical trials [HONG KONG] Beijing has given the go-ahead to a Chinese drugmaker to begin large-scale production of a human bird flu vaccine, after a second clinical trial showed the vaccine was safe
      – Reuters  -  441 words
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      1300 17 f jtj £I2J IS X Hi-P INTERNATIONAL LIMITED Company Registration Number *****4817H (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hi-P International Limited (the "Company") will be held at Harmony Room, Level 2, Raffles Town Club, 1 Plymouth Avenue, Singapore *****3 on
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon Hedge funds boost loans to firms
      594 18 Bloomberg They find a niche amid a lack of credit from banks to small Asian companies [TOKYO] An increasing number of hedge fund managers in Asia are making loans to small companies as they search for more stable returns, a hedge fund lobby official
      Bloomberg  -  594 words
    • Article
      Lock icon Pyongyang cuts contact with Seoul amid tension
      164 18 -AFP [SEOUL] North Korea announced yesterday that it was suspending all dialogue with South Korea and closing the border to Seoul officials its toughest action in a week of growing cross-border tensions. The North's chief delegate to inter-Korean military talks, Lieutenant-General Kirn Yong
      -AFP  -  164 words
    • Article
      Lock icon US$350m scam a wake-up call
      398 18 -AP [TOKYO] Fake business cards, impostors at meetings and forged documents stamped with the company seal are behind what appears to be an elaborate scam that Lehman Brothers in Japan alleges cheated it of millions of dollars in vanished investment money. The alleged fraud is
      -AP  -  398 words
    • Article
      Lock icon Paulson signals more help coming for homeowners
      524 19 Bloomberg, NYT, Reuters Senate bill ready on tax breaks, measures to help those facing foreclosure, grants [WASHINGTON] United States Treasury Secretary Henry Paulson has indicated that the Bush administration is willing to consider congressional plans to stem foreclosures by expanding government guarantees for
      – Bloomberg,; NYT,; Reuters  -  524 words
    • Article
      Lock icon No plan to cut rice exports: Thailand
      302 19 Reuters [BANGKOK] Thailand, the world's top rice exporter, has no plans to curb exports, a senior Commerce Ministry official said yesterday, denying rumours that it might impose restrictions to protect domestic supply. "We have never thought of stopping or cutting rice exports," Apiradi
      – Reuters  -  302 words
    • Article
      Lock icon Unexpected rise in US non-mfg index
      376 19 Bloomberg [WASHINGTON] Service industries in the United States contracted less than forecast in March, easing concern the economy was deteriorating quickly. The Institute for Supply Management's non-manu-facturing index, which captures almost 90 per cent of the economy, rose to 49.6 from 49.3 in February.
      – Bloomberg  -  376 words
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      3030 18 M DISCOVER SECRETS HOW ORDINARY PEOPLE I Iffiijk WITH NO EXPERIENCE EARN $10,000 MONTHLY *'\f Anybody can earn $10,000 Monthly Easily when you discover our PROVEN TRADE SECRETS! *'°.000 M >« No need to quit your job. MONEY BACK GUARANTEE* to make sure you succeed. m Miniiiii M llU IQft
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      3005 19 ACCPAC Care is the technical support programme for Sage ACCPAC ERP users. It is unsurpassed support starting from a listening ear, to understanding your needs, and giving you complete peace of mind to manage your business. ACCPAC Care is helmed by veterans who have been supporting over 1,000 users, giving
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  • AVIATION
    • Article
      Lock icon Ageing jets of US airlines risk more groundings
      416 20 The demands of repairing older fleets make it harder to meet repair rules [WASHINGTON] United States airlines, flying planes 60 per cent older than those of Asian and European carriers, may risk more groundings as the demands of repairing ageing fleets make
      416 words
    • Article
      Lock icon SIA adds flights to Australia, Vietnam
      188 20 -AFP [SINGAPORE] Singapore Airlines (SIA) is adding flights to Australia, Vietnam and Dubai but suspending service on two other routes, the carrier said yesterday. The changes come "in response to changing patterns in demand for travel", SIA said in a statement. "The adjustments will
      -AFP  -  188 words
    • Article
      Lock icon Taiwan probes alleged kickbacks in Airbus deal
      186 20 -AFP TAIPEI] Taiwanese authorities are investigating alleged kickbacks and other irregularities involving a multibillion-dollar deal between local carrier China Airlines (CAL) and \irbus, officials said yesterday. "We have launched a probe into suspected influence peddling and kickbacks involving certain government agencies and companies
      -AFP  -  186 words
    • Article
      Lock icon China pilots disrupt flights over contract terms
      271 20 -AP [SHANGHAI] Pilots disgruntled over labour issues disrupted 14 flights out of one Chinese city on Monday in an unusual display of defiance, state-run newspapers reported yesterday. The China Eastern Airlines flights from the southwestern city of Kunming took off as expected but
      -AP  -  271 words
    • Article
      Lock icon Boeing gets nod to pursue protest against tanker deal
      328 20 Bloomberg [WASHINGTON] Boeing, the loser in a US$35 billion US Air Force aerial tanker competition won by Northrop Grumman, will be allowed to pursue its protest of the contest after a ruling by a federal agency. The Government Accountability Office rejected
      – Bloomberg  -  328 words
    • Article, Illustration
      Lock icon Grappling with aviation's climate impact
      703 20 -AFP [BANGKOK] Air travel is booming as the world's population grows and fares fall, but its impact on Earth's sensitive climate must be taken into account in any new global warming pact, green groups say. More than 900 delegates flew into Bangkok this week for
      -AFP; REUTERS  -  703 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      2390 20 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Oy (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brun in Bhd (RBA), BU Bouraq Airlines (BOU), BR EVA
      2,390 words
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  • SHIPPING
    • Article, Illustration
      Lock icon Global launch of digital chart service in S'pore
      445 21  -  VINCENT WEE By THE United Kingdom Hydrographic Office (UKHO), the main source of the charts of the world's seas, has kept up with the times and yesterday launched a new flagship digital product, the Admiralty Vector Chart Service (AVCS). The global launch
      445 words
    • Article
      Lock icon First China-made LNG tanker ready for delivery
      290 21 Reuters [BEIJING] The first liquefied natural gas (LNG) carrier made in China was to be delivered to China's only shipping firm that specialises in the transport of LNG later yesterday, a company executive said, nearly four months behind schedule. "The delay was no
      – Reuters  -  290 words
    • TRANSPORT STOCKS
      • Article
        Lock icon SGX
        101 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 MTQCorp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship 0.59 0.37 3.72 0.79 2.18 1.13 0.07 unch 1.39
        101 words
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        Lock icon KLSE
        37 21 '000 IPL Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.72 9.00 8.80 4.12 3.14 0.26 0.14 unch -0.20 -0.40 -0.14 0.02 0.04 -0.01 66 116 184 570 27 155 160
        37 words
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        Lock icon BANGKOK
        13 21 ■oo IPL ■recious Ship Jegional Cont .23.90 .24.20 -0.10 0.50 1039 459
        13 words
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        Lock icon HONGKONG
        12 21 '000 IPL Doil iingamas Cont 48.80 2.12 1.50 -0.06 1648 1872
        12 words
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        Lock icon PHILIPPINES
        25 21 '000 )r3 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 7.00 32.50 2.40 unch 0.10 unch 0.20 unch 565 603 280 0
        25 words
      • Article
        Lock icon TAIPEI
        24 21 IPL Evergreen Marine ....28.35 :irst Steamship 72.30 /Van Hai Lines 27.40 r"ang Ming Marine ..23.30 -0.65 1.80 -0.50 0.10 16 4 5 5
        24 words
      • Article
        Lock icon TOKYO
        38 21 '000 'en :awasaki Hvy Ind ..252.00 10.00 ***** :awasaki Kisen 997.00 -16.00 7070 /litsubishi Hvy 477.00 23.00 ***** /litsui Eng&Sbldg ..291.00 1.00 ***** /litsuiOsk Lines ...1273.00 16.00 6972 Jippon Express 614.00 11.00 2976 lipponYusen 967.00 -2.00 6173
        38 words
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      Lock icon Lloyd's profit may fall this year on low rates
      855 21 Bloomberg Underwriters told to sell less insurance to prevent prices and earnings from falling [LONDON] Lloyd's of London may find that more underwriters lead to shrinking profit after last year's record as Goldman Sachs Group and Maurice "Hank" Greenberg join newcomers
      Bloomberg  -  855 words
    • Article
      Lock icon Tourists stranded in Madeira as cruise ship is held
      215 21 -AP [LISBON] Hundreds of tourists, most of them British, were stuck in Portugal's Madeira Islands after authorities refused to let their cruise ship leave port because of a financial dispute, officials said on Wednesday. Port authorities in Funchal, on one of
      -AP  -  215 words
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      104 21 CARGO WORTHY SECOND Hand Logistics Containers for sale in Singapore in all sizes. Please call +**********9 to purchase. SM Investments Bid price starts from $10 Bidding ends 11.59pm, 6 April 2008 l_ -J Set in 18K white gold diamond of 0.57 4 carats E colour with VSI clarity Excellent polish,
      104 words
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      17 21 IB MM IHBBBnI Ift E39E891 FOR ENQUIRIES CALL: 9761 1777 (Bobby) 8233 0409 (Dave) 9001 0492 (Sunny)
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  • EDITORIAL & OPINION
    • Article
      Lock icon India takes a breather
      494 22 INDIA'S economy is slowing down. Coupled with rising inflation, it will place enormous pressure on India's policy makers in a year ahead of general elections. The government expects the economy to grow at 8.7 per cent a tad below the average of the past four years
      494 words
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      Lock icon Firms need to create a people culture
      1373 22  -  RICHARD SCHULTE The role of the HR director as a strategic partner of management is often underplayed By IN ADDITION to having a business concept and a business strategy, there are two basic and fundamental needs for starting and running a business: Money
      AP  -  1,373 words
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      Lock icon Magnanimity for Taiwan will pay off for Beijing
      748 22  -  FRANK CHING THE BOTTOM LINE THREE days after the pivotal presidential election in Taiwan, US President George W Bush telephoned his Chinese counterpart, Hu Jintao, and urged Beijing to reach out to president-elect Ma Ying-jeou and try to peacefully resolve their differences.
      748 words
    • Article, Illustration
      Lock icon 'Mr Yen' reflects on the woes of the times
      1206 23  -  ANTHONY ROWLEY Sub-prime issue will linger 'a year or two'; no more 'cheap yen' soon; Japan's political situation will worsen, he predicts CALM may have returned to foreign exchange markets for now, but within six months fresh turbulence is likely to
      BLOOMBERG,; AFP  -  1,206 words
    • Article
      Lock icon Liquidity won't fend off cannibal banks
      515 23  -  MARK GILBERT Bloomberg By US AND UK regulators are wasting their time threatening traders who profit from speculation about the deteriorating health of the financial community. The gossips aren't to blame for the demise of Bear Steams Cos, and they won't be at fault
      Bloomberg  -  515 words
    • Letter
      Lock icon Companies obliged to provide timely material info: SGX
      133 23  -  Richard Teng LETTER TO THE EDITOR WE refer to the letter, "Update investors on how new units fare", from Wang Nan Chee (BT, Feb 29). He suggested that companies "provide comments on the quarterly financial performance of the acquired business for shareholders
      133 words
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      266 23 .?f i*U */>€ J^KT^fo NEW ARRIVAL TASTING* k SALE tf 12th Si 13th April 2008,10 am to Bpm 2005 FIRST GROWTH TASTING* $680 per person 11th April 2008, Friday, 6.30pm to Bpm GRAND CRU TASTING* (4 Sessions) $250 per person 12th 13th April, Saturday and Sunday T3BJ 12th April 13th
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  • SINGAPORE STOCKS
    • Article
      Lock icon SGX MAINBOARD
      7403 24 Transaction date: Apr 3 52-wks Tel |h Low Code Last Sale Vol ('000) Hil Day Last Quote Div GrYld Net |h Low Buyer Seller C'vr P/E M Cap $mil Hii Co i 5716 "IstSoftware i I 28 5 8 5 5834 A-Sonic 110 99.5 6389 ABF SG Bond
      7,403 words
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      Lock icon SGX XTRANET
      82 24 52-Wk Tel High Low Code Last Sale Vol COOP) Day Last Quote ih Low Buyer Seller Div GrYld Net MCap C'vr P/E $mil Comi Hi. 200 116 6065 Diamonds 6200 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 IS S&P5OO *****
      82 words
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      Lock icon SGX CATALIST
      1965 24 52-Wk Tel High Low Code Last Sale Vol C000) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E Smil Comi >an' Hii 30 11.5 1181 s AAGrp 415 18 5000 sABRHIdgs 31 18.5 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5
      1,965 words
    • Article
      Lock icon CLOB INTERNATIONAL
      217 24 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non-Sponsored; t Catalist; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer
      217 words
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      32 24 > M NEW ROYAL OAK IN EXCELLENT SHAPE Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED B 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com
      32 words
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  • FINANCE & COMMODITIES
    • Article
      Lock icon MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      371 25 In local curr In S$ In US$ %dy %yr dy yr dy yr Index Change Change Change Change Change Change Apr 2 World Index Preliminary 1032.7 1.2 -8.8 1.3 -10.4 1.3 -6.5 EAFE Prel liminan 987.9 1.9 -11.8 1.9 -10.9 1.9 -7.0 Eun Preliminary 1374.4
      371 words
    • Article
      Lock icon FOREIGN CURRENCY NOTE RATES
      133 25 As at 9am Apr 3 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2550 1.2700 Can dollar 1.3520 1.3680 Euro 2.1500 2.1740 NZ dollar 1.0780 1.1030 jterlin iund 2.7290 2.7600 US dollar 1.3730 1.3890 Local dollars to 100 units of foreign
      133 words
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      Lock icon INTERBANK RATES
      160 25 Apr 3 $S_ Offer Bid Overnight 3/4 1-month 1 1/8 2-months 1 1/4 3-months 1 5/16 Overnight mode: 0.65 US$ Offer 5/8 1 1 1/8 1 3/16 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 3.00 2.95 2.95 2.95 2.85
      160 words
    • Article
      Lock icon STOCK INDEX FUTURES
      22 25 Apr 3 STI SIMSCI Mar 388.3 393.4 390.8 Taiwan Mar 332.3 333 330.7 Source: MF Global (S) Pte. Ltd
      22 words
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      Lock icon US$/S$ FORWARD RATES
      21 25 Apr 3 Bid Offer 1-month 1.3805 1.3818 2-months 1.3787 1.38 3-months 1.3776 1.379 6-months 1.3744 1.3759 Source: OCBC
      21 words
    • Article
      Lock icon INTERBANK CURRENCY RATES
      155 25 Apr 3 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2671 1.2685 0.9164 0.9167 Canadian dollar 1.3646 1.3663 0.9869 0.9874 Euro 2.1602 2.1620 1.5623 1.5624 NZ dollar 1.0903 1.0915 0.7885 0.7888 Sterlim 2.7420 2.7448 1.9831 1.9835 US
      155 words
    • Article
      Lock icon SGX DERIVATIVES TRADING
      349 25 Apr 3 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES JunO8 SepO8 DecO8 MarO9 97.535 97.645 97.560 97.485 0 0 0 0 ***** ***** 7899 ***** EUROYEN FUTURES JunO8 99.245 99.245 SepO8 99.345 99.345 DecO8 99.335 99.355 MarO9 99.335 99.340 JunO9 99.255 99.280B SepO9 DecO9 Mar10 99.235
      349 words
    • Article
      Lock icon SICOM FUTURES
      291 25 Apr 3 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest May 08 JunO8 Jul 08 Aug 08 Sep 08 Oct/Dec 08 390.00 389.25 387.25 387.25 387.25 387.25 RSS 3 (US cents/kg) Month Hig gh Low Sett Volume (tonnes) Open
      291 words
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      Lock icon CHICAGO BOT
      101 25 Aor2\ SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low May 08 1243.00 1211.00 1245.00 1202.00 Jul 08 1259.50 1234.00 1262.00 1219.00 Aug 08 1252.00 1224.00 1252.00 1220.00 Sep 08 1215.00 1198.00 1225.00 1194.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 55.05 52.15 55.15 52.35
      101 words
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      Lock icon CRUDE OIL & PRODUCTS
      77 25 CRUDE OIL PRODUCTS Apr 2 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 99.81 -0.07 WTI (Near Mth) 104.85 3.79 Dubai (1-Mth F) 95.63 0.39 Tapis blend 108.55 0.5 Minas 100 -2.2 PRODUCT US$/barrel (FOB S'pore) Close Change ire) Naphtha Jet Kerosene 97.50 126.40 1.73 1.5 US$/barrel Opec
      77 words
    • Article
      Lock icon INTERBANK CROSS RATES
      468 25 Apr 3 AS Rmb Euro HKS Ind Rs Ru Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound USS Australia 0.929 6.431 0.587 7.141 36.635 84.552 0.942 8.949 2.926 1.162 57.591 38.138 1.268 7.097 0.929 27.880 28.974 0.462 0.917 Canada 1.077 6.927 0.632
      468 words
    • Article
      Lock icon GOVERNMENT SECURITIES
      87 25 Apr 3 Period Issue code Maturity Yesterday's Bid Hi, Day's |h Low 3-Month BQ*****X 03.07.08 1-Year BY*****A 29.09.08 0.70 0.79 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N*****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year NY*****X 3.125
      87 words
    • Article
      Lock icon SIBOR
      80 25 Apr 3 (US$) (S$) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 2.***** 1.***** 9 mths 2.***** 1.***** 12 mths 2.***** 1.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 6 mths 1.***** 9 mths 1.***** 12 mths
      80 words
    • Article
      Lock icon PALM OIL
      65 25 Apr 3 KLCE PALM FUTURES (RM/MT) Delivery Opening Sett Av Month Range Price Price Hii Vol Open Done Position Low Apr 08 3244 3285 3280 3230 265 468 May 08 3270 3287 3310 3230 1651 ***** JunO8 3260 3290 3311 3230 ***** ***** Jul 08 3283 3295 3303
      65 words
    • Article
      Lock icon PRECIOUS METALS
      139 25 Apr 3 (USj /oz) Apr 03 Apr 02 Hong Kong 898.30 888.80 899.30 889.80 Apr 02 Apr 01 890.60 879.10 891.50 880.00 Source: Reuters London CAST BAR M) Apr 03 Buying Sellinc Kilobar ***** PAMP GOLD BARS (S$) Selling ***** Buying Igm 5gm lOgm 20gm 50gm lOOgm 1
      139 words
    • Article
      Lock icon LONDON METALS
      70 25 Apr2\ lumimum, 99.7 jrity (US$/tonne) Co Close Previous Cash 2884.50 2909.80 3 months 2935.00 2960.00 Copper, Grade A (US$/tonne) Cash 3 months 8683.00 8549.00 8474.00 8345.00 Lead (US$/tonne) Cash 2857.00 3 months 2870.00 2761.80 2775.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash 3
      70 words
    • Article
      Lock icon LIFFE
      77 25 Apr 2 COCOA (Btonne) Close Prev Hii ih/Low May 08 1280 1300 1316/1280 JulO8 1296 1321 1329/1293 SepO8 1235 1247 1249/1230 Dec 08 1219 1240 1242/1216 COFFEE (US$/tonne) Close Pev High/Low May 08 2229 2279 2300/2228 JulO8 2231 2267 2292/2229 SepO8 2232 2263 2292/2233 Nov08 2207 2238 2240/2206 SUGAR
      77 words
    • Article
      Lock icon BONDS & WARRANTS
      2000 25 BONDS WARRANTS rei lode Company Prem Expiry Last Vol Conv Exer Disc Gear- Mths Sale +or- ('000) Ratio Price ing Left !036 Advance SCT Ltd W*****9 4 -1 30 1 87 180 8.13 28 1014 Capitaland BNP ECW*****8 30 4.5 30 0.1 498 21 1906 Capitaland BNP ECW*****6 30 7.5
      2,000 words
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      1562 26 m The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE Destination Destination STXPOTBN RTM/ANR/TIL STELIOS B CDN/NFK/SAV/NOL Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia MIDDLE-EAST SERVICE F.E./S.E.A SERVICE Destination Destination PAN BRIGHT DBI/ABU/BRN/DOH/DMM/KWT RED RIVER INC/BSN PAN DYNAMIC DBI/ABU/BRN/DOH/DMM/KWT Loads Singapore, E./W. Malaysia, Indonesia Loads E. Malaysia,
      1,562 words
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      Lock icon Page 26 Advertisements Column 2
      1234 26 WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r V-r—-\ iiiip* TEL *****588 (14 LINES) FAX: *****163 \M\IAfAM UA| INFn Customer Service/Bookings Dir«l line (1800) *****200 V N\ V VVnll I Inl LllltJ PHI TEL: (03> *****88s FAX: (03) *****283 PEN TEL: <04) *****00 FAX: (04)*****99 V" JOH TEL: (07) *****23 FAX: (07)*****21
      1,234 words
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      3141 27 v ffjtfett^ "v-'^^^feffi I M- BTTSrHinTmBTFTfTT^WTTTWnTWnWIIIIimPIIFIT™ /^/^%A J* ■^fev^ttw l|mmjJ[j;^^J M VOT Ramp(KT) Lilting(KT) SIN PKL LCB JKT SURA MUA UiSIiiSUUfU!BBiISiMi«!K3UIfiUHIIuU3HUUUUf2ULJUti&UI N PF^tia^^H-4 't> l^^^afiWSl^^^^%SS"e! I ORIENT IRIS 97 35 i foTol fVOI I I VESSEL I VOY I SIN PKL I [MB I NSA I "ti~ rp^B HkdPlin >
      3,141 words
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      4476 28 P2^ H 19 H H H II IB ANDERSEN ""-'iffiS^! 7 I fn^ GLORY NAVIGATION GROUpI ■f /!tR± V ISM BflW \se r i n ■:on r JO Shenlon Way. »21 03 Mating House Singapore *****8 ■IW UtUIl I IIHWIUHIIUII UlUlUr I B^IInSPISPPiHIiM Mi NORTH WEST EXPRESS LINE ttfft4*.-t«W*ff«MiS«] MONTHLY
      4,476 words
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      163 29 i |^L Quick solutions for /;i"l\ n/Nr/^U rOITI 3UflCldy ISS^\ today's busy lifestyle (U—W DwOwH x^/ \jSg^ 80-d^h-c^d th. |nvented for life I More reads, more treats Express I"programme Jhich I Great giveaways for readers enables you to wash 2 kg of lightly soiled garments in only 15 minutes. <
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      591 30 artBEAT The business Of Change (1973); and selected works from FINE Art photographer rae Blue Guitar series including Shannon Castleman's first solo _^-H i What is this Picasso? (1976-77). engages with the physical and gH JFV Of interest to Singaporeans is social transformations in that many of the exhibited Vietnam,
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      3558 31 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by n^'i'Mi THE BUSINESS TIMES Business Times journalist Vincent Wee, who did a circumnavigation on Uniquely Singapore Clipper in the 2005-2006 race and reported from onboard the boat in the first
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      351 32 CRYPTIC CROSSWORD IB HI Hl-V:i I HHHHHHHHHf ACROSS 5 Alec's turn to work with enI Anxiety shown by one chap- ergy on the meat (8) ter head in seclusion (10) 6 Nearly everything in Paris to 6 Prison arrest (4) be enjoyed until morning? 8 In a neighbourly position (5
      351 words
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  • executive lifestyle
    • Article, Illustration
      Lock icon Rockin' on
      120 34 BIG festivals in Singapore be they for the arts, music, film, fashion or food have been instrumental in putting Singapore ahead in the international arena. Thanks to their size and government funding, they've also created a platform for smaller, independent festivals that have developed reputations of their own.
      LAU FOOK KONG/THE STRAITS TIMES  -  120 words
    • PURSUITS
      • Article
        Lock icon Don't write off a wine; give it a second chance
        1037 29  -  NKYONG WINE By IN 1986, I bought a couple of bottles of Cote Rotie 1952, London-bottled by Berry Brothers, from a very respected wine merchant near Bristol, Reid Wines. I knew the owner of Reid Wines, Bill Baker, a very
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      • Article
        Lock icon Say hello to Xbox LIVE
        426 29 GAMING Is it goodbye to discs with download services gaining ground? CHRISTOPHER LIM reports IN THE future, you could be buying all your computer games as downloads over the Internet rather than on physical discs. The high-definition disc format wars are over, and much has
        426 words
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        Lock icon F1 parties flag off official or not
        391 29  -  CHRISTOPHER LIM NIGHT OUT By THERE are still about six months to go before Singapore's first Formula One night race, but parties pig-gy-backing on the motorsports buzz have already started to pop up. Thumper, at Goodwood Park Hotel, was so eager to get
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    • ARTS
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        Lock icon Scoring a hat trick on Dr Sun
        971 30 Winston Chao talks to PARVATHI NAYAR about his role as the legendary Dr Sun in The Soong Sisters, a TV series and in Road to Dawn, the closing film of the SIFF IN A cinematic hat trick, Winston Chao will play the role
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        Lock icon Over the top, just as Freddie Mercury liked it
        678 30  -  CHRISTOPHER LIM By LET'S get this out of the way first musical We Will Rock You is absolutely outstanding. It has received its share of nasty reviews over the years since its debut in 2002, but one can't help but wonder
        ARTHUR LEE  -  678 words
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        Lock icon The Party is over – or is it?
        738 30  - The Party is over or is it? KATHERINE PENALOZA BOOK REVIEW The Rise of the Counter-Establishment The Conservative Ascent to Political Power by Sidney Blumenthal Union Square Press Pages: 345 Price: $23.50 w/o GST The Strange Death of Republican America Chronicles of a Collapsing Party by Sidney Blumenthal Union Square
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    • CLIPPER ROUND THE WORLD RACE
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        Lock icon The mammoth task of re-rigging
        701 31 Several hitches to operations have resulted in the race being delayed, reports VINCENT WEE IT'S ironic that the fate of a sailing race can be so dependent on the airline industry but this is what has happened to the organisers of the Clipper 07/08 Round
        CUPPER VENTURES  -  701 words
    • ENTERTAINMENT
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        Lock icon What dreams may come
        600 32 Allen's latest London film falls somewhere in between Match Point and Scoop, says GEOFFREY EU FOR the third time in three years, Woody Allen once the quintessential New Yorker has written and directed a movie in London about Londoners, or at least the people who happen
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        Lock icon Warming up for two niche music events
        703 32  -  CHRISTOPHER LIM By THIS weekend will showcase two different approaches to niche music events. Tonight is the Worldwide Festival (WWF) Release Party at Hacienda, while tomorrow night, Velvet Underground will host the Red Bull Music Academy (RBMA) info session. Gilles Peterson's Worldwide Festival
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        Lock icon A satisfyingly evocative listen
        479 32  -  BEN MUNROE CD REVIEW Elbow The Seldom Seen Kid Fiction/Universal A By HE'S only been awake for an hour on a Friday morning and it's fairly miserable weather in his native Bury (Manchester), but Pete Turner, bassist and songwriter for Elbow, is happy to chat over
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        Lock icon A satisfying character driven thriller
        389 32  -  PARVATHI NAYAR DVD By NOTE-PERFECT acting by George Clooney, Tom Wilkinson and Tilda Swinton (who won the best-sup-porting Oscar for her role), as well as a fine understanding of his material from writer/director Tony Gilroy, make Michael Clayton that rarest and most satisfying of cinematic
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    • COVER STORY
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        Lock icon Is event losing its edge?
        815 33  -  GEOFFREY EU WORLD GOURMET SUMMIT By WHEN the 12th edition of the World Gourmet Summit (WGS) kicks off next week, the excitement of dining on Michelin-star cuisine may not be quite as high as it was in the festival's earlier years. After all, hotels are
        LIMWUI LIANG/THE STRAITS TIMES  -  815 words
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        Lock icon Still the brightest picture on canvas
        679 33  -  CHEAH UI-HOON ARTS FEST By THIRTY-ONE years on, the Singapore Arts Festival (SAF) remains the largest singular arts event. And this year's festival, starting in May, will see artistes from more than 20 countries offering more than 500 activities for the expected 700,000 attendances.
        SINGAPORE DANCE THEATRE  -  679 words
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        Lock icon Saving region's window to the world
        579 33  -  CHEAH UI-HOON FILM FEST By IF there's another festival that the industry and its key players have rallied around, it's the 21-year-old Singapore International Film Festival (SIFF). In fact, when word got out earlier that the festival had had its 2008 budget halved and
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        Lock icon Smaller gigs drowning out larger events?
        662 33  -  CHRISTOPHER LIM MUSIC FESTIVALS By THE recent decision of the World of Music, Arts Dance (Womad) to take a hiatus from Singapore until 2010 has made some worry about the future of music festivals here. Have large-scale music events plateaued, and are smaller gigs
        DESMOND WEE/THE STRAITS TIMES  -  662 words
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        Lock icon Clothes maketh the man
        481 33  -  CHEAH UI-HOON FASHION FESTIVAL By IF there's a young festival that's starting to get bigger and better, it would be the Singapore Fashion Festival (SFF). The fashion scene has picked up a fair bit over the years, with the mushrooming of homegrown designers and stores carrying
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