The Business Times, 25 April 2008
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2008-04-25
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The Business Times
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Title Section24 2008-04-25 1 THE BUSINESS TIMES Singapore 85 cents online at http://www.businesstimes.com.sg A SINGAPORE PRESS HOLDINGS PUBLICATION CO REGN NO *****2868E MICA (P) 122/12/2007 Friday, April 25,200824 words
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Article, Illustration65 2008-04-25 1 Singapore's new Law Minister, X Shanmugam, may be a 'Silent Killer' in the courtroom, but is he also one outside it? BT looks at how the mind of this keen litigator works, what drove him i to give up a lucrative I career for public service and65 words
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504 2008-04-25 1 AFP Shanghai index jumps 9.3%, gains spill over to S-shares [SHANGHAI] China's mostwatched stock index surged 9.3 per cent yesterday its biggest percentage gain ever after the government cut a tax on stock transactions in an effort to boost slumping markets. TheAFP - 504 words
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MARKETS DIGEST
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Article16 2008-04-25 1 TST INDEX 3,177.55 (-16.29) TST INDEX FUTURES 3,103 (-23) TSIMSCI 394.18 (-2.90) TSIMSCI FUTURES 392.30 (-2.70)16 words
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Article29 2008-04-25 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 5.25 INDONESIA 15.9345 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.25 CANADA 4.75 SWITZERLAND 3.69 INDIA 12.25 Source:Bloomberg - 29 words
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Article44 2008-04-25 1 lursi lay lange 1 COMP 1,293.08 +4.92 IIKKEI225 13,540.87 -38.29 1ANG SENG 25,680.78 +391.54 SET INDEX 834.31 -3.35 JAKARTA COMP 2,269.98 -44.32 1ANILA COMP 2,844.02 +19.21 ;eoulcomp 1,799.34 -1.45 iHENZHEN B 577.70 +38.25 IUMBAI IND 16,721.08 +23.04 12NOON EDT 12,817.85 Change +54.63 )OW44 words
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Article40 2008-04-25 1 IS$ (S$ )er US$) 1.355 (USS/SS per 1.979 2.680 :URO (USS/SS/E) 1.581 2.141 'EN 103.70 76.60 3.142 2.319 IK$ 7.793 5.753 !AHT 31.57 23.30 lUPIAH 9,220 6,806 1ENMINBI 6.988 5.159 INDIAN RUPEE 40.07 29.58 1.057 0.781 IZ$ 1.262 0.93240 words
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Article, Illustration931 2008-04-25 1 MICHELLE QUAH - MICHELLE QUAH SIAS wants board to explain what independent director was unhappy about By [SINGAPORE] Lee Suet Fern's sudden resignation from the board of China Aviation Oil (CAO) as its independent director has triggered concerns among market observers about the company.931 words
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Page 1 Advertisements
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Advertisement10 2008-04-25 1 Red book treatment l~)\. -J*^ rjfl I lil 11 I10 words
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Page 1 Miscellaneous
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Miscellaneous22 2008-04-25 1 EN BLOC I^}.%-*^ BOOKS C*l BOAT ASIA X Pender Court sale fails, G! Ssß'F^lSi The thriller \Qj Drawn to the -*i*^ W"*f22 words
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TOP STORIES
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THREE-MINUTE DIGEST
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101 2008-04-25 2 THE US Federal Reserve is likely to cut interest rates by a quarter percentage point at a policy meeting next week but may then be ready to take a break, the Wall Street Journal's online edition reported yesterday. The Fed is101 words
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84 2008-04-25 2 AS THE first-quarter results reporting season goes into full swing, analysts are expecting the Singapore-listed banks to post decent earnings despite the ongoing financial market turmoil and forecasts of slowing economic growth this year. Net interest income from the banks' main business of taking84 words
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68 2008-04-25 2 DBS Bank is losing two more senior staff- managing directors Wong Ban Suan and SF Wong. Sources told BT that Wong Ban Suan, head of the bank's group central treasury unit, is leaving. Mr SF Wong heads advisory sales at the bank's68 words
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89 2008-04-25 2 KEPPEL Corp yesterday warned of a tough year ahead as the multi-industry conglomerate posted a rise of 4 per cent in first-quarter profit to $262 million. The profit attributable to shareholders for the three months ended March 31 correspondingly lifted89 words
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76 2008-04-25 2 SECURITISATION activity in Asia should grow in the medium to long term, even if the current credit crunch causes a pause or slowdown, Monetary Authority of Singapore deputy managing director Ong Chong Tee said yesterday. But the financial sector will need to76 words
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69 2008-04-25 2 THE US Securities and Exchange Commission, responding to the collapse of Bear Steams, may require Wall Street banks to keep more cash on hand during periods of market stress. The SEC is meeting investment banks that have lost money on mortgage holdings69 words
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43 2008-04-25 2 CIMB-MAPLETREE Management plans to establish a second real estate fund totaUing RMI billion (***** million) in committed capital to invest mainly in Malaysian properties, as it has invested most of its first fund. MALAYSIA/INDONESIA, PAGE 1143 words
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85 2008-04-25 2 CHINESE moves to allow insurance firms to invest in property could unleash billions of dollars in deals for commercial buildings and embolden developers and foreign investors who hanker for a more active market. Yuan Li, a top executive at the85 words
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Article, Illustration593 2008-04-25 2 RONNIE LIM - RONNIE LIM US$l25 a barrel now in sight, but some predict rapid sell-off later By [SINGAPORE] Another day, another record that's been oil's unrelenting climb in the last fortnight, as prices now threaten to breach US$l2O a barrel, and are well within sightAFP - 593 words
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355 2008-04-25 2 'Pessimistic scenario' is one of three that GIC is working on By CONRAD TAN [SINGAPORE] Government of Singapore Investment Corp (GIC) deputy chairman Tony Tan yesterday clarified that his remarks earlier this week that the world could be facing its worst recession355 words
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826 2008-04-25 2 COMMENTARY By CHEW XIANG IN five short days, three key Jade Technologies personnel have left chairman Brian Beazer, chief financial officer Vera Lim (now serving her six-month notice period) and lawyer Joanna Teng. It isn't yet apparent what's going on but a826 words
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379 2008-04-25 4 Reuters It's likely to signal concern about growth, willingness to cut rates further if outlook worsens [TOKYO] The US Federal Reserve is likely to cut interest rates by a quarter percentage point at a policy meeting next week but may then– Reuters - 379 words
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Article, Illustration559 2008-04-25 4 KALPANA RASHIWALA - KALPANA RASHIWALA Deal called off as buyer decides to cut losses on investment By [SINGAPORE] The sale of Pender Court off West Coast Highway to a unit of Bravo Building Construction has been called off. The buyer failed to complete theFILE PHOTO - 559 words
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Page 2 Advertisements
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Advertisement354 2008-04-25 2 ANJ ENERGY PTE. LTD. (Incorporated in the Republic of Singapore) (Company Registration No.: *****0360R) NEWSPAPER NOTICE NOTICE IS HEREBY GIVEN pursuant to Section 76(10)(h) of the Companies Act, Chapter 50 of Singapore (the "Companies Act"), that at an Extraordinary General Meeting of ANJ Energy Pte. Ltd. (the "Company") deemed to354 words
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Advertisement25 2008-04-25 2 Want the best price? Hold an auction. Call 1800 289 8822 or email notices@sph.com.sg to book your auction notice in out newspapers now. NOTICES a25 words
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Page 3 Advertisements
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Advertisement357 2008-04-25 3 Introducing I^_ Liz Claiborne is a brand that stands for fashionable, appropriate, I •H 11 I I I confident and feminine lifestyle. It is everyday amazing, very Z_ V^ K^\-S\ l\> spirited and provides unexpected detailed moments. 2008 Spring Collection I In 1976, Liz Claiborne, a relatively unknown i dress357 words
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Page 4 Advertisements
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Advertisement986 2008-04-25 4 IL^'»V«TJI Corporation Keppel Corporation Limited Co Reg No: *****0351N (Incorporated in the Republic of Singapore) First Quarter 2008 Financial Statement 1. UNAUDITED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2008 The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the first quarter ended986 words
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Advertisement11 2008-04-25 4 Lianhe Zaobao I Sharp fall in foreign investment in property here11 words
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COMPANY NEWS
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Article715 2008-04-25 5 CONRAD TAN - CONRAD TAN Analysts expect healthy growth in core deposit and lending business By AS THE first-quarter results reporting season goes into full swing, analysts are expecting the Singa-pore-listed banks to post decent earnings despite the ongoing financial market turmoil and forecasts of slowing economic growth715 words
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659 2008-04-25 5 HOCK LOCK SIEW - HOCK LOCK SIEW ABOUT US$75O million. That's what Creative Technology could garner this year in sales, according to the company's fourth-quar-ter revenue guidance which it issued in conjunction with its Q3 results last Saturday. Unfortunately, it means this year could be the659 words
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367 2008-04-25 5 CHOW PENN NEE - CHOW PENN NEE By DBS Bank is losing two more senior staff managing directors Wong Ban Suan and SF Wong. Sources told BT that Wong Ban Suan, head of the bank's group central treasury unit, is leaving. He is in charge of367 words
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Article, Illustration626 2008-04-25 7 VINCENT WEE - VINCENT WEE It warns of tough year ahead as business conditions deteriorate By KEPPEL Corp yesterday warned of a tough year ahead as the multi-industry conglomerate posted a rise of 4 per cent in first-quarter profit to $262 million. The profit attributable to shareholdersFILE PHOTO - 626 words
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364 2008-04-25 7 EMILYN YAP - EMILYN YAP By MAPLETREE Logistics Trust (MapletreeLog) yesterday reported distributable income of $21 million for the first quarter ended March 31, up 37 per cent from the corresponding period last year. This comes on the back of a 48 per cent jump in364 words
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171 2008-04-25 7 CHEW XIANG - CHEW XIANG By DARCO Water Technologies said yesterday that it has secured several projects worth $25 million, taking its orders for delivery this financial year to $126 million. The jobs secured through its subsidiaries include two wastewater treatment projects in Taiwan worth $12.3 million. Another171 words
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Article, Illustration433 2008-04-25 7 MICHELLE QUAH - MICHELLE QUAH By THE Straits Trading Company has appointed Chew Gek Khim, who heads the Tecity group of companies that recently took over the company, as its new chairman. The appointment of Ms Chew, 46, was announced after Straits Trading's annual general meeting (AGM)433 words
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400 2008-04-25 7 ARTHUR SIM - ARTHUR SIM By CAPITARETAIL China Trust (CRCT) has announced income available for distribution to unit-hold-ers of $6.3 million for the period Feb 5 to March 31 $0.5 million or 8.5 per cent higher than its forecast of $5.8 miUion. Available distribution per400 words
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259 2008-04-25 7 CAPITALAND said yesterday that its associate Loma IT Park Developers has bought a 121,450 sq m site at the Trans Thana Creek industrial area in Navi Mumbai, India, for $79 million. The seller is Standard Industries, a company listed on the Bombay259 words
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COMPANY BRIEFS
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91 2008-04-25 7 Bloomberg STATS ChipPAC Ltd said first-quarter net profit rose 4.7 per cent, the slowest in three quarters, as demand for chips fell because of the economic slowdown. Net income rose to US$l7.9 million, or a basic nine US cents per American depositary share, from– Bloomberg - 91 words
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68 2008-04-25 7 SINGAPORE Technologies Engineering said its electronics arm Singapore Technologies Electronics has won a $36.7 million contract from Thales Australia. ST Electronics will design and develop an interactive auxiliary display sub-system, a data warehouse and consoles, as well as be responsible for hardware procurement, deployment,68 words
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35 2008-04-25 7 SINOSTAR Pec Holdings has warned of lower first-quarter pre-tax profit. It cited rising oil prices and lower quantities of petrochemical products sold as China's snowstorms disrupted raw material supply.35 words
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80 2008-04-25 7 YONGNAM Holdings said it will form a joint venture (JV) with Singapore's KTC Civil Engineering Construction Pte Ltd to undertake an $81.4 million contract for temporary decking, steel waling, strutting and excavation works at the South Podium of the Marina Bay Sands80 words
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175 2008-04-25 7 JADE Technologies Holdings said yesterday it is finalising the appointment of TSMP Law Corp to advise it on regulatory and compliance matters. In a statement last night to the Singapore Exchange, Jade said it is appointing TSMP Law in relation to175 words
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Article178 2008-04-25 7 Q1 results ended March 2008 Notes: Net profit refers to profit attributable to equity holders. Net profit includes profit from a discontinued operation. Trust Reits: Net profit is income available for distribution and turnover is gross revenue. CapitaßChina Trust: The Group's results for Q1 2008 includes the178 words
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Page 5 Advertisements
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Advertisement102 2008-04-25 5 Don't blame yourself for falling in love with the car. The critics just did. The Saab 9-3 Convertible is Wheels Asia's 'Car of the Year. With the gorgeous new Saab 9-3 Convertible, you're ready to enjoy pretty much anything. For a sensational open air drive, put the hood down and102 words
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Advertisement46 2008-04-25 5 BEDMaR SHi PTE LTD requires for Director of the Company Male or Female Writes speaks perfect English A small, yet demanding office Mondays to Fridays Applicant must write to 12A Keong Saik Road Singapore *****9 or Email to: bedmar.shi@pacific.net.sg and submit resume, photo and past salary.46 words
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SINGAPORE MARKETS
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Article, Illustration545 2008-04-25 6 R SIVANITHY - R SIVANITHY STOCKS China-linked stocks draw strong buying interest after news of a stamp duty cut there EXTERNAL developments dictated the direction of trading yesterday. First, Hong Kong and China played pivotal roles in helping the Straits Times Index (STI) to a smart 42-point rise: Bloomberg - 545 words
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Article104 2008-04-25 6 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch lulti Ind 8 8 1 0 0 0 8 8 1 lanufacturing 93 45 69 10 15 102 55 84 Commerce 27 18 20 33 23 24 'pt/Stor/Comms 14 13 13 14 14 15 :inance104 words
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Article118 2008-04-25 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 30,928 30,928 174,633 174,633 lanufacturing 922,767 60,122 982,889 706,441 5,646 712,087 lommerce 104,639 33,770 138,409 111,105 4,512 115,617 'pt/Stor/Comms 124,305 280 124,585 339,702 83 339,784 :i nance 56,132 56,132 419,631 419,631 lonstruction 90,383 14,473 104,856 23,373 1,797 25,170 'roperties118 words
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Article112 2008-04-25 6 tod name lose lam lapitaLand 6.950 4-0.020 lapltaMal 3.460 -0.010 jtyDev 12.540 4-0.140 Iosco Corp 3.500 IBS Grp 19.700 -0.200 :&N 4.900 4-0.050 Sent Intl 0.605 IK Land 4.400 4-0.070 ISH 17.480 4-0.200 lardineC&C 16.960 -0.280 Ceppel Corp 11.660 -0.320 Ceppel Land 6.080 -0.020 IOL 3.210112 words
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Article, Illustration932 2008-04-25 6 LYNETTE KHOO - LYNETTE KHOO Keppel Land April 24 close: 556.08 CIMB-GK Research, April 24 Ql 2008 core EPS of 8.4 cents forms 15 per cent of our full-year forecast and 16 per cent of consensus. This was because Singapore residential projects such as Reflections at Keppel Bay (50 per cent: Bloomberg - 932 words
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Article, Illustration530 2008-04-25 6 LARRY WEE - LARRY WEE CURRENCIES THE US dollar rebounded smartly in Asian currency dealing yesterday, lifted by another decent overnight session on Wall Street and bad news elsewhere. European currencies and the New Zealand dollar were notable losers, while gold tumbled more than 2 per centReuters - 530 words
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Article49 2008-04-25 6 CLOSE 534.00 +207.C IT OB/OS IT CADI -*****.00+91.01 IT 10-day MA -*****.00+53.01 TSE ST Mid Cap 808.69 +1.8 TSE ST Small Cap 674.32 +4.2 TSE ST All Share 811.51 -1 .Si TSE ST China 502.49+10.61 IOB Catalist 149.09 +0.6' iMSCI 394.18 -2.9i iMSCI Future 392.30 -2.7i49 words
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Article55 2008-04-25 6 VOLUME China Honqxinq 125,147,000 Yanqzijianq 117,588,000 ChinaNTown 68,721,000 ChinaEnerqy 60,563,000 ChinaAElec 54,400,000 CoscoCorpMßl_eCWoBoBol 47,089,000 Synear 46,571,000 CoscoCorpDßeCWoBo929 43,528,000 Cosco Corp 41,847,000 Li Henq 40,497,000 VALUE(S) Cosco Corp 151,475,050 SGX 139,455,260 Keppel Corp 136,394,232 Yanqzijianq 127,952,610 DBS Grp 103,590,540 SinqTel 94,711,770 China Honqxinq 86,694,560 UOB 82,194,745 OCBC Bk55 words
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Article103 2008-04-25 6 CLOSE UP China H 10US$ 1849 96.2 4.0 lain irm 495 36.6 5.: lUE 1404 30.0 2., ISH 1748 27.1 1.. IGX MBL JCW*****3 380 22.0 6.1 ;gx 876 20.0 2. ;GXMBLiCW*****0 312 17.0 5.: iBS MBLJCW*****0 670 16.0 2, At 1254 14.0 1.1 At NCCPS 186 14.0 8.1103 words
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Article120 2008-04-25 6 BY CENTS CLOSE DOWN 8884-268.2 -2.2 GLD 10US$ UOBMBLJCW*****0 733 -40.0 -5.2 Kei MBLJCW*****0 353 -38.0 -9.7 Kei Con 1166 -32.0 -2.7 Venture Con 1140 -32.0 -2.7 Jardine C&C 1696 -28.0 -1.6 Thai Prime Fd 870 -27.1 -2.2 Kei MBLJCW*****3 445 -27.0 -5.7 DBS MBLePW*****7 41 -23.5 -36.4 UOB120 words
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Article85 2008-04-25 6 Apr 24 CLOSE CHNG FR Apr 23 YR2008 S$ LOW S$ HIGH USS 1.3565 -0.55 1.4542 1.3457® Euro 2.1334 0.93 2.2064 2.0474 Pounds 2.6792 0.37 2.8431 2.6583 AS 1.2812 0.32 1.3235 1.2349 Yen* 1.3075 -0.06 1.4484 1.2832 Rupiah* 0.***** -0.44 0.***** 0.***** Baht* 4.2941 -0.17 4.429985 words
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Page 7 Advertisements
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Advertisement177 2008-04-25 7 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, giving177 words
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SINGAPORE NEWS
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456 2008-04-25 8 GENEVIEVE CUA - GENEVIEVE CUA But sector needs to tackle origination, credit ratings, market pricing Reports by SECURITISATION activity in Asia should grow in the medium to long term, even if the current credit crunch causes a pause or slowdown, Monetary Authority of Singapore (MAS)456 words
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493 2008-04-25 8 CREDIT spreads on Asian investment-grade securities are at "unprecedented" levels, presenting opportunities to those who are bold enough to shrug off valuation risks, according to some experts at a structured credit conference. William Ross, HSBC managing director and head of structured capital markets (Asia Pacific),493 words
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Article, Illustration300 2008-04-25 8 BUSINESS China, an association set up to bridge China and Singapore culturally and economically, will embark on its first forum next week. Called the Business Exchange Forum, the event will see some 200 entrepreneurs and business executives from the two countries sharing ideasFILE PHOTO - 300 words
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229 2008-04-25 8 A SELECT Committee has been set up by the American Chamber of Commerce (AmCham) to look into the issue of school admission for its members' children, it said yesterday. "One of the greatest issues facing AmCham members today is ensuring their children have229 words
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Article187 2008-04-25 8 VISITOR arrivals reached a record 908,000 in March, up 5.7 per cent from the same month last year, the Singapore Tourism Board (STB) said yesterday. Indonesia (155,000) accounted for the highest number of visitors, while China (98,000), Australia (62,000), the United Kingdom (61,000) and India187 words
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240 2008-04-25 8 NEWLY formed statutory board Casino Regulatory Authority of Singapore (CRA) has announced the appointment of its chief executive, Senior Assistant Commissioner of Police T Raja Kumar. Mr Raja assumed the position of CRA chief executive on April 10. Before this, Mr Raja was the240 words
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Article, Illustration456 2008-04-25 8 ARTHUR SIM - ARTHUR SIM PROPERTY By, FAR East Organization (FEO), headed by Singapore's richest man, Ng Teng Fong, looks set to undergo a corporate rebranding exercise as it gears up for challenging times ahead. Mr Ng's son, Philip, who is also the company's CEO, said thatFILE PHOTO - 456 words
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442 2008-04-25 8 SIOW LI SEN - SIOW LI SEN By UOB Kay Hian Trading has landed the Scotts Road/ Anthony Road 15-year lease site with a surprising record bid of $242.5 per square foot (psf), double original estimates in a strongly contested tender. The stockbroker beat442 words
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250 2008-04-25 8 THE Court of Appeal has overturned the ruling by the High Court and Strata Titles Board (STB) on the collective sale of Airview Towers, paving the way for main-board-listed Bukit Sembawang Estates to acquire the property for $202 million. Located at St Thomas250 words
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Advertisement199 2008-04-25 9 revolves around you fefc Around the world Multi-continent 6 Visit Passes (single continent) H for non-residents only Iff oneworld Circle Trip Explorer tßrflßSl^^ First Class Jfl |H BBBi §S| BM oneworld Explorer IMnlnHßPßffli First Class Business Class jEE oneworld Business Class Economy Class Visit Africa [AjLZffl oneworld Economy Class Visit199 words
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ECONOMY WATCH
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Article, Illustration484 2008-04-25 10 Bloomberg SEC is meeting investment banks; new liquidity requirements likely [WASHINGTON] The US Securities and Exchange Commission, responding to the collapse of Bear Steams, may require Wall Street banks to keep more cash on hand during periods of market stress. The SEC– Bloomberg - 484 words
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328 2008-04-25 10 Reuters [PRAGUE] US economic weakness and its impact on the global economy are likely to last up to nine months longer than previously expected, OECD secretary-general Angel Gurria was quoted as saying yesterday. Mr Gurria said the OECD had initially thought– Reuters - 328 words
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Article, Illustration313 2008-04-25 10 Bloomberg [SINGAPORE] Asian currencies are 25 per cent undervalued against the euro and investors should look for opportunities to bet on the region's foreign exchange rates to rise, said Goldman Sachs Group. All 10 Asian currencies outside of Japan have fallen against the euroBloomberg; BLOOMBERG - 313 words
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352 2008-04-25 10 Reuters [MANILA] A row has broken out between the Asian Development Bank and the United States, one of its biggest donors, over the multilateral agency's lending policies and function, bank and other officials say. Just over two weeks ago, Washington voted against the– Reuters - 352 words
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Advertisement119 2008-04-25 10 LUAI'" v .MhuiujmiuimiuuuiM i 7 2 M LJ Reserve your Sunday for an exciting treat of fresh seafood and foie gras. l^^m Wr U *o! With Louis Roederer Champagne as accompaniment, you can toast the week with friends and family whilst you unwind. .smmmv^ m k »l% Children can join119 words
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MALAYSIA/INDONESIA
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503 2008-04-25 11 PAULINE NG - PAULINE NG RMlb fund will be 2.5 times size of first fund, of which 80% has been deployed By in Kuala Lumpur CIMB-MAPLETREE Management plans to establish a second real estate fund totalling RMI billion (***** million) in committed capital to invest mainly503 words
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290 2008-04-25 11 ARTHUR SIM - ARTHUR SIM By GENTING International's Resorts World at Sentosa (RWS) has completed the syndication of a $4 billion credit facility for its integrated resort (IR), at an interest rate of 175 basis points above the Singapore Swap Offer Rate. The tenure of the290 words
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Article164 2008-04-25 11 Reuters [JAKARTA] The construction of a new US$56O million canal in the Indonesian capital should help end crippling floods that regularly hit Jakarta by 2012, the city's governor Fauzi Bowo said on Wednesday. Authorities have so far failed to tackle the floods, which killed– Reuters - 164 words
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Article, Illustration267 2008-04-25 11 [KUALA LUMPUR] Flag carrier Malaysian Airline System (MAS) is considering possible mergers, as the industry struggles to cope with soaring fuel prices and softer demand, chief executive Idris Jala said yesterday. The company would look at possible partners worldwide but Mr Idris stressed heBLOOMBERG - 267 words
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377 2008-04-25 11 PAULINE NG - PAULINE NG By in Kuala Lumpur TWO listed units of Wing Tai Holdings have agreed to pool synergies in the hospitality and property management sector by forming a joint venture (JV) to acquire a 43-storey condominium in Kuala Lumpur, which will377 words
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Advertisement23 2008-04-25 11 r£/ BRANDED WATCH fff REMOVAL V.l I] SALE >] V Precious Time W Suntec City Mall #01-078 (Suntec Tower 5) Tel: 6821 1108 www.precioustime.com.sg23 words
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Advertisement21 2008-04-25 11 I* TianPo I JEWELLERY WHSH Centrepoint Holland Village Vivo City AMK Hub Causeway Point West Mall Parkway Parade- People's Park Complex21 words
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GREATER CHINA
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Article, Illustration551 2008-04-25 12 AFP [HONG KONG] Hong Kong was set yesterday to hold its first wine auction since it scrapped duty on the tipple, the latest sign of how Asia's growing thirst for fine vintages is powering the global industry. International auction house Bonhams is hosting the southernAFP; BLOOMBERG - 551 words
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450 2008-04-25 12 Reuters Regulator looking at allowing insurers to invest in property, infrastructure [HONG KONG] Chinese moves to allow insurance firms to invest in property could unleash billions of dollars in deals for commercial buildings and embolden developers and foreign investors whoReuters - 450 words
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358 2008-04-25 12 Bloomberg More time needed to assess trading volumes: Regulator [BEIJING] China's securities watchdog ordered the nation's funds not to buy unsecured corporate debt traded in the interbank market that are maturing in more than a year, according to a document obtained by Bloomberg News.– Bloomberg - 358 words
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175 2008-04-25 12 Reuters -AP, [BEIJING] China is likely to have surpassed the United States to become the world's largest Internet-using population, reaching 221 million by the end of February, Xinhua news agency said yesterday. The figure reflects China's explosive growth in Web use. It was aReuters; -AP, - 175 words
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206 2008-04-25 12 Reuters [BEIJING] As much as US$9O billion of China Investment Corp's initial allocation of US$2OO billion is available for investment overseas, Gao Xiqing, the president of the sovereign wealth fund, said in remarks reported yesterday by the Financial Times. Mr Gao, who is also– Reuters - 206 words
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Article2278 2008-04-25 12 VOL COOP) i[)i 24 RM \&M Realty \bricBhd \dvance Synergy \dventa Bhd \e Multi Hldgs \ffin Holdings \hmad Zaki Resou \\c Corp Mrasia Bhd \kn Technology Mliance Financi Muminium Co Amalgamated Ind \mmb Hldgs Bhd \mtel Holdings \mway Malaysia \nalabs Resource \ncom Berhad \nn Joo Resource \pex Healthcare2,278 words
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Advertisement801 2008-04-25 12 UNITED OVERSEAS BANK LIMITED Company Registration No. *****0026Z (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES Notice is hereby given that the following share certificates have been reported lost, destroyed or mislaid: Name Certificate No. No. of Shares TayYunChwan *****77-7 333 LH Nominees Sdn Bhd *****72-4 250 (In Liquidation)801 words
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GREATER CHINA/INDIA
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Article, Illustration433 2008-04-25 13 -AP Country doubles spending on security to ensure smooth route for the run [CANBERRA] Scuffles broke out at the Olympic torch relay yesterday in Australia, and one protester leaped onto the path of the flame before being quickly dragged off by police. The-AP; iLOOMBERG, AFP - 433 words
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260 2008-04-25 13 Bernama Deep divisions within govt, industry on the issue [NEW DELHI] The Indian government on Wednesday said that a free trade agreement with China was not a "priority" for India due to "deep divisions" within the government and opposition from the industry.– Bernama - 260 words
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459 2008-04-25 13 -NYT US firms find Indian operators better, cheaper, more polite [GURGAON, India] In a glass tower on the outskirts of Delhi, dozens of young Indians are on the telephone, calling America's out of work, forgetful and debt-stricken and asking for cash. "Are you-NYT - 459 words
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209 2008-04-25 13 AP [NEW DELHI] India's defence ministry plans to raise the 26 per cent cap on foreign direct investment in the country's defence industry, a move aimed at attracting global military and aerospace companies to invest in the country. The move willAP - 209 words
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Advertisement49 2008-04-25 13 B^^H B^M B^^^^J "~ft-?* -h| «m 'Irrffir i m L~* i»**— 3aH»^IEBE SI jp£lSßPpt- Bukrt Timah Road Clemenc^u Aye North W^^^ Cairnhill w C/t BH'BH b^bl b^C b^b^^^^bl I b^bl B^B^B^^^B^B^V^B^B^B^ B^B^B^^B^B^B^BBk^B^l B^B^^^^^^^^^^^^^^^^^i >^^*****8881 B^B^B^^^^^^^ B^B^^/^^^^^^^^^^^^^j^B^B^B^B^^k 11 -1 111 —^^m %T^-11 B^- TJ *J I ~-^BB B^bllß^bl B^ AB^bl49 words
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Advertisement89 2008-04-25 13 IS E J Please complete this fbmn and fax it to 6319 8219 by 30 Apr 08. Only successful registrations will be charged and notified by 1 May 2008. Payment made is non-refundable. Name (as per credit card): Gender: F/M NRIC No.: Marital Status: Age: Address: Postal Code: Occupation: Email:89 words
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FOCUS: GURKHAS
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Article, Illustration838 2008-04-25 14 Reuters Nepal's valiant warrior tribe resists, peacefully and for economic reasons, ruler-elects' bid to stop their enrolment in foreign armies [KATHMANDU] FOR nearly two centuries, Nepal's valiant Gurkha soldiers have battled their foes with guns and their lethal kukri knives, which tradition demands must draw– Reuters; AFP - 838 words
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Article8219 2008-04-25 14 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 0.922/ Star Europe Bond 1.201/ Star Europe Bal 1.164/ Star Asian Tiger Eqty 1.375/ Star Asia Bond 1.162/ Star Asia Balanced 0.948/ Star Global Technology Fund!** 0.194/ Multi St Fd 0.851/ Star Asia Bond(USD) 0.862/ Gib Multi St USD8,219 words
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RICE CRISIS
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319 2008-04-25 15 Bloomberg [NEW YORK] Rice advanced above US$25 for 100 pounds for the first time yesterday as Wal-Mart Stores Inc's Sam's Club warehouse unit restricted purchases of some types of rice in the United States. The cereal, the staple food for half the world,Bloomberg - 319 words
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Article, Illustration563 2008-04-25 15 Reuters M'sia wants Thais to fill its orders for 480,000 tonnes of rice this year [BANGKOK] Prices of benchmark Thai rice leapt more than 5 per cent to a record high of above US$l,OOO a tonne yesterday, and traders in theReuters; AFP - 563 words
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542 2008-04-25 15 Reuters [BANGKOK] Every Wednesday, for as far back as anybody can remember, a small group of Thai-Chinese businessmen have met for lunch down a leafy lane in central Bangkok before sitting down to set world rice prices after a leisurely chat about– Reuters - 542 words
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551 2008-04-25 15 Reuters -Bloomberg, [TOKYO] Japan, the world's biggest net food importer, will ask the World Trade Organization (WTO) as early as next week to introduce rules to prevent countries from restricting exports of wheat, rice and other grains. Countries such as Thailand, Vietnam andReuters; -Bloomberg, - 551 words
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Page 15 Advertisements
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Advertisement2257 2008-04-25 15 ccthftica PTE LTD I IN THE MATTER OF THE IN THE MATTERS OF THE In the Matter of IN THE MATTER OF RegisW™al9?soBo4BK 50 COMPANIES ACT, CAP. 50 The Companies Act (Chapter 50) THE COMPANIES ACT, CAP. 50 (Incorporated in the Republic of Singapore) <reg. no. i??*****2z) in the matters2,257 words
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WORLD
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Article, Illustration602 2008-04-25 16 -NYT, AFP But CEO gives assurance that its capital position remains strong [PARIS] The Credit Suisse Group, the Swiss banking giant, yesterday reported a first-quarter loss nearly three times worse than analysts had expected as it wrote down US$5.3 billion in-NYT,; AFP; AP - 602 words
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441 2008-04-25 16 -Reuters [LOS ANGELES] Starbucks Corp said on Wednesday it was the latest victim of the US mortgage meltdown. Blaming hard-hit housing markets of California and Florida for slowing sales, the coffee shop chain slashed its quarterly and 2008 profit forecast below Wall Street targets-Reuters - 441 words
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487 2008-04-25 16 AP, Bloomberg LATEST US DATA [NEW YORK] Sales of new homes plunged in March to the lowest level in 16V2 years as housing slumped further at the start of the spring sales season. The median price of a new US home inAP,; Bloomberg - 487 words
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Article, Illustration505 2008-04-25 16 Reuters [LONDON] Britain was hit yesterday by what trade unions have called the biggest wave of work stoppages since the Labour government came to power 10 years ago, with up to 400,000 public sector employees going on strike. It was– Reuters; BLOOMBERG - 505 words
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577 2008-04-25 16 Bloomberg Q2 net income rose to USsl.osb, or US$l.l6 a share [SAN FRANCISCO] Apple Inc reported a 36 per cent jump in profit, topping estimates, on sales of Macintosh computers. The profit margin in the quarter and the forecast for the current– Bloomberg - 577 words
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485 2008-04-25 16 Bloomberg [LONDON] Royal Bank of Scotland Group pic, HSBC Holdings pic and six other UK banks lost the first part of a lawsuit brought by an antitrust regulator challenging lenders' policy of charging customers who exceed overdraft limits. Justice Andrew SmithBloomberg - 485 words
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AVIATION
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Article, Illustration416 2008-04-25 17 -AFP [PAßlS] European airline manufacturer Airbus will take years to return to reasonable profitability, the head of British aerospace group BAE Systems, Mike Turner, told the Le Figaro newspaper here yesterday. When asked about his company's decision to sell its-AFP; REUTERS - 416 words
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395 2008-04-25 17 [KUALA LUMPUR] Budget carrier Air Asia Bhd, the world's largest buyer of the A32os, will not be affected by Airbus's decision to raise prices of its aircraft, Malaysia's Business Times reported, citing its chief executive. Tony Fernandes said the airline is spared from395 words
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615 2008-04-25 17 Bloomberg It is better positioned because of scheduled arrival of 787 Dreamliner [NEW YORK] Boeing Co profit rose 38 per cent in the first quarter, beating analysts' estimates, as the world's No 2 commercial planemaker boosted deliveries and orders. Shares climbedBloomberg - 615 words
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241 2008-04-25 17 Bernama [KUALA LUMPUR] Malaysia Airlines (MAS) will finalise its plans to purchase wide-body aircraft to replace its ageing Boeing 777 and 747 by end of this year, group managing director and chief executive officer Idris Jala said yesterday. "We will take time to– Bernama - 241 words
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553 2008-04-25 17 Bloomberg [WASHINGTON] Delta Air Lines and Northwest Airlines Corp blamed surging fuel prices for first-quarter losses as they prepare to combine and form the world's largest carrier. Their deficits mean that all five of the biggest US airlines were unprofitable last quarter, when– Bloomberg - 553 words
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Article2477 2008-04-25 17 AIRLINE CODES: AA American Airlines (AAL), AF Air France (AFR), Al Air India (AIC), AY Finnair Ov (FIN), AZ Alitalia Airlines (AZA), BA British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), Bl Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR2,477 words
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SHIPPING
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Article, Illustration565 2008-04-25 18 VINCENT WEE - VINCENT WEE Property, investment brokers, lifestyle products join boat dealers at event By LIKE bees to a honeypot, Boat Asia has attracted a slew of purveyors of the high life who are all exhibiting at the show in the hope of gainingJOHN HENG - 565 words
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277 2008-04-25 18 Reuters This will help keep Hapag-Lloyd in German hands [FRANKFURT] German state-owned railway Deutsche Bahn is considering buying travel and shipping group TUI AG to merge the Hapag-Lloyd container shipping unit with its logistics unit, the Financial Times Deutschland report- ed yesterday.■ Reuters - 277 words
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421 2008-04-25 18 -Bloomberg [HONG KONG] Global ship orders may plunge more than half this year after optimism about world trade and China's need for raw materials caused a surge in demand in 2007, according to Lloyd's Register Group. "It simply can't carry on at the unprecedented-Bloomberg - 421 words
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TRANSPORT STOCKS
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Article108 2008-04-25 18 '000 CH Offshore Chuan Hup Hldgs Cosco Corp CWTLtd Ezra Hldgs First Ship Lease Freight Links Grand Banks Jaya Hold Ltd KiVentures Keppel Corp MTQ Corp NOL Pacific Shipping Pan-United Corp Rickmers Mari Samudera Ship Sembcorp Indust Sembcorp Marine Spore Ship Star Cruises 0.61 0.36 3.50 0.80 2.48 1.10108 words
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Article36 2008-04-25 18 '000 Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.80 9.50 9.20 4.22 3.10 0.22 0.14 unch 0.15 0.20 -0.34 -0.04 0.01 -0.01 339 625 605 861 8 22 5836 words
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Article13 2008-04-25 18 '00 Saht Precious Ship Regional Cont 26.00 24.30 1.60 0.50 5334 23413 words
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Article15 2008-04-25 18 '000 ,pi 24 HKf Vol Doil iingamas Cont 43.80 2.29 -0.30 0.01 1074 249415 words
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Article25 2008-04-25 18 '000 ipr24 Peso Vol Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.70 31.00 2.50 unch unch 0.50 unch unch 253 359 75 025 words
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Article22 2008-04-25 18 Evergreen Marine ...29.90 First Steamship 85.10 Wan Hai Lines 27.70 Yang Ming Marine...23.40 -0.10 1.60 -0.30 -0.20 9 5 11 1322 words
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Article41 2008-04-25 18 '000 'en Kawasaki Hvy Ind ..249.00 -2.00 ***** Kawasaki Kisen ....1111.00 25.00 6435 Mitsubishi Hvy 473.00 unch ***** Mitsui Eng&Sbldg...350.00 5.00 ***** Mitsui Osk Lines ...1433.00 34.00 ***** Nippon Express 580.00 -3.00 1977 Nippon Yusen 1009.00 7.00 5619 Source: Reuters41 words
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Article, Illustration532 2008-04-25 19 Reuters Strikes timed to coincide with presentation of privatisation plans [PARIS/MARSEILLE] A 24--hour strike on Wednesday by workers in France's seven state-run ports in protest against government plans to privatise cargo handling operations blocked more than 100 vessels, port officials said. Nearly 70 vessels– Reuters; REUTERS - 532 words
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353 2008-04-25 19 Reuters [PERTH] Australia's competition regulator has approved a capacity balancing system (CBS) for Newcastle port, the world's largest coal export terminal, until December in a bid to reduce growing ship queues. The Australian Competition and Consumer Commission (ACCC) said yesterday the– Reuters - 353 words
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229 2008-04-25 19 Reuters [CHENGDU] China's fleet of very large crude carriers [VLCCs) will soon surpass the country's domestic needs if an expansion plan proceeds as expected, an official with China's leading shipping firm said. Concerned that its reliance on foreign carriers could be disrupted during times■ Reuters - 229 words
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201 2008-04-25 19 Bloomberg [HONG KONG] STX Shipbuilding Co, the first South Korean company to build vessels in China, received a 147 billion won (Ss2oo million) order from Korea Line Corp to build an oil tanker. A 320,000 deadweight-ton Very Large Crude Carrier will be deliveredBloomberg - 201 words
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Page 18 Advertisements
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Advertisement43 2008-04-25 18 Sponsored by [Tl Supported by Big ijfc \j?*r SHORELINE managing risk E I hi a pippr 'S^^B jft* ''?*s&s>• MUTUAL (BERMUDA) LTD rircn **-^.»m /■^■■h^N /1H A T~ S'ABfr CMCST 7Nfr, Norwegian HRV JARDINE LLOYD THOMPSON O»> I. F UJ ,,d,i»n Vlul* Shipowner;-Association43 words
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Advertisement50 2008-04-25 18 GOOD GAINS I Let your investors know by advertising your financial results I in our newspapers. Call 1800 289 8822 or email K| notices@sph.com.sg. Kfl BUILDING FUTURES One success story at a time I need to up my game gfk with an Executive MBA J^h^^R WE HAVE THE PLAN J^ll50 words
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Page 19 Advertisements
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Advertisement33 2008-04-25 19 .-^ffi^^fi^liJ^^A Thank you for your support! -^^^gpnKi^^S^E^ /^es* onta'ner Terminal Operator Asia 7' PY "SB^HK^EjH^^^^r (under 1 million teus per annum category) fe^i^\ -^^s, "Best Emerging Container Terminal Operator Asia" Wj^Bils^ Awards 2003.2004.2005.2006.200733 words
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EDITORIAL & OPINION
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496 2008-04-25 20 WHILE the worst of the global credit crisis may be over, as some observers suggest, there may be another crisis looming. The first crisis was a case of men in suits paying the price for their greed. The latter is potentially more496 words
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Article, Illustration959 2008-04-25 20 TIGER TONG - TIGER TONG Net exports, once a significant contributor to economic growth, is becoming a drag By CHINA, the world's fastest growing major economy, realised 10.6 per cent growth in gross domestic product (GDP) in the first quarter of 2008. Though 1.1 percentage points lower thanREUTERS; China Statistics Yearbook 2007 - 959 words
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Article, Illustration780 2008-04-25 20 S PANICKER - S PANICKER THE BOTTOM LINE BIOFUEL is getting a bad rap. A formidable array of critics, including the World Bank and the United Nations, have come out in the open against the alternative fuel programme. It is being lambasted as a780 words
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Article, Illustration1232 2008-04-25 21 VIKRAM KHANNA - VIKRAM KHANNA Saif-al-lslam Gaddafi, the second son of Muammar Gaddafi, is widely believed to be the Libyan ruler's heir apparent NOT many countries have managed to make a rapid transition from rogue state to normal member of the international community. One of them has been Libya, whichARTHUR LEE - 1,232 words
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329 2008-04-25 21 LETTERS TO THE EDITOR I REFER to the article "Temasek to strike out into oil, gas ventures" (BT, April 23). While the energy and resources sector has been of long-term interest to Temasek as a significant asset class, our focus is on329 words
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356 2008-04-25 21 WE refer to the Hock Lock Siew article entitled "Is CCT getting 1 George Street too easily?" (BT, April 24). We would like to reiterate that Capita Land has been transparent and consistent in its approach to the sale of office356 words
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378 2008-04-25 21 I REFER to the article "SGX slams Swissco's patchy disclosures" and the SGX letter "SGX takes appropriate regulatory measures as needed" (BT, April 24). I applaud the Singapore Exchange (SGX) for the actions taken and view these as "proportionate" to the infractions by378 words
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Page 21 Advertisements
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Advertisement25 2008-04-25 21 GOOD CORPORATE GOVERNANCE Create greater transparency for your company by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. Hi25 words
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SINGAPORE STOCKS
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Article8827 2008-04-25 22 Transaction date: Apr 24 -wks Tel Low Code Last Sale Vol '000) ay I Low Bu ast juote Seller Div C'vr Met P/E Cap $mil HJ2 Con Hk| 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 30 128,827 words
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Article78 2008-04-25 22 Wk Tel Low Code Last Sale Vol COOP) JV Lasi (uote Seller Div C'vr irYld Net P/E Cap imil _Hm Coi _Hm 200 116 6065 Diamonds 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO US200d US6200 US1000 US***** 25078 words
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Article1980 2008-04-25 22 Hii Low Code Comi Sale COOP] Hii Low By Seller Cvr P/E Smil 30 11.5 1181 s AAGrp 41.5 16 5000 sABRHIdgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19.5 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5 7814 s Albedo1,980 words
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Article215 2008-04-25 22 STOCK PRICES LEGEND: Straits Times Index Stocks; s Catalist Non Sponsored; t Catalisf 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 cum215 words
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Page 22 Advertisements
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Advertisement45 2008-04-25 22 l mjfmmsk new royal oak in excellent shape Le maitre de I'horlogerie depuis 1875 ,dB I j^Htrl N/ 'f^ Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED O B 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 Internet: Http://www.audemarspiguet.com45 words
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FINANCE & COMMODITIES
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364 2008-04-25 23 %dy %yr dy yr dy yr Index Change Change Change Change Change Change )i 23 World Index Preliminan 1043.7 0.6 -7.8 0.4 -10.9 0.3 -5.1 EAFE Preliminai 997.9 0.7 -10.9 0.2 -11.0 0.1 -5.3 Euro[ Preliminan 1376.9 0.7 -10.8 0.1 -11.2 0.0 -5.5 Pacific 851.5364 words
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Article132 2008-04-25 23 As at 9am Apr 24 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2720 1.2880 Can dollar 1.3190 1.3350 Euro 2.1320 2.1570 NZ dollar 1.0640 1.0870 Sterlini ind 2.6590 2.6900 US dollar 1.3440 1.3590 Local dollars to 100 units of foreign132 words
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Article152 2008-04-25 23 Apr 24 ler Bil Overnight 9/16 1-month 11/16 2-months 1 1/8 3-months 1 1/4 Overnight mode: 5/16 US$ Offer 7/16 15/16 1 1 1/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months $Au 2.90 3.05 3.05 3.10 3.15 3.20 3.22 Offer152 words
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Article26 2008-04-25 23 I Ap r 24 ten HL Sett STI SIMSCI A| 394.2 399.8 392.3 Taiwan 345 347.7 344.6 Source: MF Global (S) Pte. Ltd26 words
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Article21 2008-04-25 23 Apr 24 Bid Offer 1-month 1.3520 1.3527 2-months 1.3499 1.3505 3-months 1.3488 1.3495 6-months 1.3444 1.3452 Source: OCBC21 words
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Article155 2008-04-25 23 A Pr2 4 Currencies Bid Offer Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2806 1.2816 0.9455 0.9460 Canadian dollar 1.3310 1.3320 0.9827 0.9832 Euro 2.1409 2.1417 1.5807 1.5808 NZ dollar 1.0728 1.0741 0.7921 0.7928 Sterlini ind 2.6797 2.6809 1.9785 1.9781 US dollar 1.3544155 words
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Article354 2008-04-25 23 Apr 24 EURODOLLAR FUTURES JunO8 SepO8 DecO8 MarO9 97.170 97.185 97.085 97.075 0 0 0 0 ***** ***** ***** ***** EUROYEN FUTURES JunO8 99.150 99.150 SepO8 99.125 99.140B DecO8 99.100 99.115 MarO9 99.085 99.100 JunO9 99.080 99.085B SepO9 99.055B DecO9 Mar10 99.140 99.085A 99.035 99.035A 99.010A 98.975A354 words
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Article274 2008-04-25 23 Apr 24 KUBBtK 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 08 391.00 386.50 381.50 379.75 378.00 377.75 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open Interest274 words
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Article103 2008-04-25 23 Apr 23 (5,000 bu min; US cents/60 lb bushels) Close Previous High/Low May 08 1372.00 1374.75 1395.50 1360.00 Jul 08 1385.50 1389.50 1408.50 1374.00 Aug 08 1366.50 1379.00 1395.00 1366.00 Sep 08 1313.00 1329.50 1337.00 1311.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low May 08 61.23 60.97 61.55 60.40103 words
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Article77 2008-04-25 23 CRUDE OIL PRODUCTS A P r23 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 116.06 0.73 WTI (Near Mth) 119.48 0.43 Dubai (1-Mth F) 109.17 0.91 Tapis blend 121.7 0.75 Minas 113.95 0.65 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 107.00 143.60 1.62 -0.2 US$/barrel Opec77 words
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Article465 2008-04-25 23 Ap r 24 Rm Euro HK! Im Rs Ru Yen Won RM NZ! Pal Rs Peso Ram NT! Bal it Pouni us: Australia 0.962 6.609 0.598 7.370 37.891 87.193 0.981 9.420 2.971 1.193 61.025 39.655 1.281 7.289 0.964 28.648 29.853 0.478 0.946 Canada 1.039 6.869 0.622 7.660465 words
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Article89 2008-04-25 23 Apr 24 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****V 24.07.08 1-Year BY*****A 29.09.08 0.65 0.78 0.58 0.58 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****F 3.750 15-Year89 words
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Article76 2008-04-25 23 A P r24 (US$) (SS) 2.***** 1.***** 6mths 1.***** 9mths 1.***** 12mths 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 9 mths 12 mths 3.***** 3.***** 3.***** 1.***** 1.***** 1.***** SWAP Mid rates (S$) 1 yr 1.***** 2yrs 1.***** 3yrs 2.***** 4yrs 2.***** 5yrs76 words
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Article61 2008-04-25 23 A P r24 Delivery Month Opening Range Sett Av Price Price Hi Vol Open Done Position Low May 08 3500 3484 3500 3484 6 1318 JunO8 3510 3456 3535 3456 791 8894 Jul 08 3525 3460 3545 3454 8971 ***** AugO8 3518 3451 3545 3451 1246 4030 Total61 words
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Article140 2008-04-25 23 Apr 24 OLD (USS/oz) Apr 24 Apr 23 Hong Kong London 898.80 918.90 899.80 919.90 Apr 22 Apr 23 918.40 900.70 919.40 901.90 Source: Reuters CAST BAR M) Apr 24 Buyinq Sellinc Kilobar "42,321.71" ***** PAMP GOLD BARS (S$) Sellinq Buying Igm 5gm lOgm 20gm 50gm lOOgm 1140 words
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Article69 2008-04-25 23 Apr 23 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 3049.50 3039.20 3 months 3096.00 3085.00 Copper, Grade A (US$/tonne) Cash 3 months 8670.00 8555.00 8802.00 8699.00 Lead (US$/tonne) Cash 3 months 2790.00 2809.00 2826.00 2840.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article80 2008-04-25 23 Apr 23 :OCOA (Btonne) Close Prev Hii ih/Low Way 08 1472 1462 1478/1445 lul 08 1507 1497 1513/1482 iepO8 1439 1429 1445/1417 Dec 08 1425 1409 1427/1397 IOFFEE (US$/tonne) Close Pev High/Low Way 08 2254 2314 2324/2217 lul 08 2294 2355 2363/2259 iepO8 2296 2358 2358/2261 Mov08 2270 233080 words
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Article2225 2008-04-25 23 BONDS WARRANTS rei lode Company Last Sale Vol Conv Exer +or- ("000) Ratio Price Prem Expiry Disc Gear- Mths ing Left >058 Advance Modules Grp W*****3 6 2 200 1 17 254 1.08 52 »92 Asia Environment W*****4 14 0.5 20 1 38 4 3.57 16 3657 Biosensors DB ECW*****32,225 words
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Advertisement2872 2008-04-25 24 Shipping Times A P^^nppH JHJjfflffl JffP 888 WAN HAI INTERNATIONAL PTE LTD crnon69S92oooo/r t lgESjj{L9g^Ai!!°H ■jKrag™jjjSJ»2WW2^HffiHHjßaai|lH j\ ki ikivtfa TEL *****588 (14LINES) FAX:*****163 1 V.^ "^^TlTT^^^V WBBSmt jjUSS&JJj V\\M>\A/AM HAI INrN Customer Service/Bookings Direct Une (1800) *****200 BMMH^HMIM^KrcHfj^^^M BBQBe3iSß*tE*se]jJß V V VWf^ll I I #11 LIIIL^ FKLTEL: (03) *****888 FAX:2,872 words
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Advertisement3398 2008-04-25 25 RICKMERS-LINIE to*******-****,-*. llTr\ EASTERN CAR LINER. LTD If§ £J®3S^ Regular Break-Bulk/Project/SOC Conventional Services website: www.rickmers.com I 111 Et 1 I SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS I iimci/iv cvnnrcc caii imp enucniii c USA Service I FT WbbKLY bXrnboo oAILINu oUnbUULb S,Dd- I 2?? IZI MT I Imi3,398 words
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Advertisement5081 2008-04-25 26 ISM __P__l B_J-^-_\-hippin- company/ 70 Shenton Way, #21 -03 Marina House' Singapore"^'?'!™ 'KB "HVIImIIIUN uKUUr I W JiliiP'ilSPi'lfPiPlpMWl HI NORTH WEST EXPRESS LINE «.«fc*l-t«WMlt nk^iH ytet«l MONTHLY SERVICE TO WESTERN AUSTRALIA AND ISLANDS DATES ARE ARRIVAL DATES (SINCE 1970) SJ 5 VESSEL VOY Singapore Fremanlle Cocos Island Christmas Island Pasir5,081 words
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Advertisement261 2008-04-25 27 THE STRATTS TIMES thesundaytimes mS m~' SINGAPORE HardwaneZone .Weekend Ij^jiLL JKm price guides Giveaway! UjH3ft^fl9| Getridof Get rewarded each weekend! L the clutter Buy your copy of The Straits Times lfr»»</c- P NOW. on Saturday and il^r^JH f—^ W The Sunday Times for free treats*. NeVWS 71 L i^Cl W^^^m261 words
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Advertisement7 2008-04-25 28 TOTHEJgEST MUSIC IN MONDIY TILL FRIDAY WWWRADIO9I3.COM7 words
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Advertisement75 2008-04-25 28 BE THE FIRST TOKNOW Breaking 1 flews 1 smsniert/ Monthly Subscription Rate English SMS Alert Business Finance News @$5.35/mth Singapore News @$4.28/mth World News @$4.28/mth Chinese SMS Alert Chinese News @$4.28/mth Soccer Info/News @$5.35/mth Dial #155 to sign up now and enjoy the first 30 days' subscription FREE! Service exclusive75 words
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Page 28 Miscellaneous
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Miscellaneous503 2008-04-25 28 artBEAT j^ traces the stories of five women as they journey towards depicted using contemporary salvation and freedom. Kalaripayattu (Kerala martial arts) and Their quest is juxtaposed against the Thang Tha (North-east Assamese Earth or Bhoomi's struggle against martial arts) giving rise to a delectable various invasions. Renowned dancers fusion503 words
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Advertisement164 2008-04-25 29 liS3fiill Sincerity International I gangl 2008 Spring Auction In Singapore loL^I Of Chinese Paintings, BE23ZSE9 Ceramics Curios I if"* Tt I LanYing I An Album Of 9 Paintings Preview Time And Venue I SSoa»?***** 10:00am-7:00pm 24-26 th Apr 2008 I L7,LB and L 9 Exhibition Space, National Library Building, Jiqjß&iL164 words
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Advertisement79 2008-04-25 30 This series on Uniquely Singapore's adventures in the Clipper 07-08 Round the World Yacht Race is brought to you by '^it]'Ml 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 first79 words
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Advertisement24 2008-04-25 31 THE TOHN ERDOS GALLERY \|ll IU l^ www.johnerdosgallery.com Furniture^ ruQS^ gifts accessories 83 Kirn Yam Road (at Moh'd Sultan Rd) Open everyday 11-6 6735-330724 words
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Page 31 Miscellaneous
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Miscellaneous309 2008-04-25 31 CRYPTIC CROSSWORD ACROSS 1 Alloy with fictitious disease I 111 __^RL__ featured in scientific study I^H 6 Resort has mass of junk-mail .II I I 9 To some extent following __HB__^H___^^^^JjM__HH__Hß__HH__ 12 French duke in ebbing river H'fl II had been pulled out (6) 13 Campanologist's temporary 1 5 How309 words
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executive lifestyle
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Article, Illustration1465 2008-04-25 32 There is much talk on whether Singapore's fine dining scene has what it takes to make it to the Michelin Guide, reports GEOFFREY EU N RECENT days, Singapore's fine dining industry has come under the culinary microscope in more ways than one, thanks to a confluence ofAFP - 1,465 words
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BOOKS/NIGHT OUT
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Article, Illustration1311 2008-04-25 27 PROFILE Best-selling novelist Joseph Finder talks to PARVATHI NAYAR about why the corridors of power in the business world interest him as a site of crime THRILLERS may seem an unlikely venue to explore real-life business issues. But that's the edge-of-your-seat fictional game played by best-selling1,311 words
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Article, Illustration452 2008-04-25 27 CHRISTOPHER LIM - CHRISTOPHER LIM By SOMETIMES it's nice not to have to think about where to party and just head to a brand-name destination. London natives can holiday here, and head for the Ministry of Sound at Clarke Quay. Singaporeans watching MotoGP in Kuala Lumpur or Formula One452 words
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ARTS
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Article, Illustration1004 2008-04-25 28 A show of Giacometti's works and a solo exhibition of Matisse will be held in May, reports PARVATHI NAYAR IN the movie industry, the "blockbuster" is a lavishly produced vehicle with big stars that's expected to have wide appeal and financial success. Over the past 151,004 words
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Article, Illustration498 2008-04-25 28 By MADHVI SUBRAHMANIAN WITH Earth Day celebrated this week, and the constant flow of alarming messages about climate change, one would expect a show titled A Green Thought to be hammering home the same message on global warming. But Paramjit Singh's current show in498 words
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PURSUITS
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Article, Illustration652 2008-04-25 29 GAMING You can download a nearly identical version of its simulator to play on your PC, reports CHRISTOPHER LIM AMID the hubbub surrounding SingTel's Formula One-related announcements on Tuesday, one aspect has been consistently underplayed high-quality racing games, for free. As part of SingTel's652 words
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Article, Illustration784 2008-04-25 29 WORLD GOURMET SUMMIT The three-week long WGS ends this week. CHEAH UI-HOON and GEOFFREY EU review its last legs Marco Sacco at Domvs, Sheraton Towers, ends today ONCE in a while, you'll come across a chef whose creations blow your palate away. Two Miche-lin-starred Chef Marco Sacco,784 words
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1042 2008-04-25 29 N KYONG - N KYONG WINE By TO know Daniel Cathiard is to understand what made Bordeaux the standard bearer of fine wine that it is. It also provides a glimpse of a page from the past. Bordeaux has always been about enterprise and commerce. It attracted1,042 words
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CLIPPER ROUND THE WORLD RACE
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Article, Illustration736 2008-04-25 30 It also bagged 'The Wrong Way Race Hawaii to Santa Cruz' trophy for sailing the harder trans-Pacific route, reports VINCENT WEE Ah! the sweet taste of victory. The joy of reaping the rewards of their efforts in gaining first place in race eightCLIPPER VENTURES - 736 words
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Article, Illustration622 2008-04-25 30 VINCENT WEE - VINCENT WEE By TAKING part in the Clipper race represents different things to different people. But in an interesting twist for a couple of the Uniquely Singapore crew members on leg six, the race will be something of an exercise in contrasts. To Jennifer Ah, 34,622 words
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ENTERTAINMENT
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Article, Illustration524 2008-04-25 31 CINEMA Dark Matter reveals pressures Chinese students in US face, says PARVATHI NAYAR THE politics and the pressure-cooker atmosphere of US academia get the once-over in the uneven if provocative Dark Matter, by first-time director Chen Shi-Zheng. Billy Shebar's script is based524 words
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Article, Illustration414 2008-04-25 31 GEOFFREY EU - GEOFFREY EU By LOADED with an ample supply of penis jokes, dope-smoking characters and big-breasted females more than enough to make Ben Stiller and Will Ferrell weep with pride you'd think that Harold Kumar Escape From Guantanamo Bay had all the makings of414 words
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Article, Illustration614 2008-04-25 31 CD REVIEW Last Night Moby Label: Mute Records Rating: B+ Music Of The Spheres Mike Oldfield Label: Universal Rating: B Violinissimo Mengla Huang Label: Universal Rating: B Beethoven Mozart, Violin Concertos Nigel Kennedy Label: EMI Rating: B+ By CHRISTOPHER LIM THE clubbing scene in New York614 words
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Article, Illustration301 2008-04-25 31 CHRISTOPHER LIM - CHRISTOPHER LIM DVD REVIEW By THERE'S something to be said for letting a controversy cool before checking out its subject. Jesus Camp is a 2006 documentary that was nominated for an Oscar last year, and has finally made it to DVD after stirring up a301 words
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Miscellaneous7 2008-04-25 32 ARTS Coming soon: Art 'blockbusters' PAGE 287 words
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