The Business Times, 17 June 2008
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2008-06-17
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The Business Times
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Title Section22 2008-06-17 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://www.businesstimes.com.sg «P* A SINGAPORE PRESS HOLDINGS PUBLICATION COREGNNOI9B4O2B6BE MICA (P) 122/12/2007 Tuesday, June 17,200822 words
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Article, Illustration551 2008-06-17 1 CHUANG PECK MING - CHUANG PECK MING Most openings in services sector, most retrenchments in manufacturing [SINGAPORE] There is a big churn in the job market. Even as record numbers of jobs are being created, more people are being retrenched and more are seeking jobs. At theMOM - 551 words
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223 2008-06-17 1 Reuters [BANGKOK] Shin Corp yesterday said it had appointed a legal adviser on a proposed share sale that would dilute Temasek Holdings' stake to 49 per cent, but a timeframe has not been decided. The telecoms group said in a statement the saleReuters - 223 words
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MARKETS DIGEST
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Article29 2008-06-17 1 Bloomberg SINGAPORE 5.33 MALAYSIA 6.72 HONG KONG 5.25 INDONESIA 15.772 TAIWAN 6.316 JAPAN 1.875 KOREA 9.33 BRITAIN 5.00 US 5.00 CANADA 4.75 SWITZERLAND 3.84 INDIA 12.25 Source:Bloomberg - 29 words
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Article43 2008-06-17 1 1COMP 1,238.06 +8.71 IIKKEI225 14,354.37 +380.64 IANG SENG 23,029.69 +437.39 ;et index 787.59 +4.95 JAKARTA COM P 2,398.04 -0.38 IANILACOMP 2,620.76 +66.01 ;eoulcomp 1,760.82 +13.47 ;henzhen b 505.00 -1.90 IUMBAI IND 15,395.82 -206.20 12N00NEDT Cham )OW 12,264.35 -43 IAS DAI 2,465.14 +10.6443 words
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Article39 2008-06-17 1 IS$ (S$ per US$) 1.37 (US$/S$ per 1.952 2.68I :URO (US$/S$/E) 1.538 2.11 'EN 108.50 78.8I 3.275 2.37: IK$ 7.813 5.67' !AHT 33.34 24.21 1UPIAH 9,325 6,77 1ENMINBI 6.903 5.01 INDIAN RUPEE 42.92 31.1 1.065 0.77. 1.333 0.96I39 words
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Article, Illustration807 2008-06-17 1 ARTHUR SIM - ARTHUR SIM Prices hold firm surprisingly; investment climate may have stabilised, analysts say [SINGAPORE] Developer sales of new homes jumped to 441 units in May from 284 units in April, with some property consultants already calling it a "sharp rebound". While May807 words
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Advertisement8 2008-06-17 1 i/4^/^^/>r T7> 'k \f/MffJmm IK I Hk HL.8 words
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Page 1 Miscellaneous
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Miscellaneous49 2008-06-17 1 COMMUNICASIA l^^^l SME SPOTLIGHT PROPERTY BE INSPIRED A special supplement J^^r Buying a car is faster now MGPA closing Zap for daily inspiration, on the infocomm expo I with LTA's online portal USss.2b fund Win a pair of Zegna PAGES 21-25 IllJ PAGE 10 PAGE 37 Sunglasses! PAGE 949 words
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TOP STORIES
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Article, Illustration655 2008-06-17 2 RONNIE LIM - RONNIE LIM Short-term jump may be followed by dip, says analyst who foresaw move [SINGAPORE] Although the Saudis finally plan to open their taps wider to help deal with huge oil prices that threaten to throttle the world economy,655 words
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510 2008-06-17 2 CHUANG PECK MING - CHUANG PECK MING By [SINGAPORE] Forecasters in the latest poll by Singapore's central bank have adjusted their second-quarter growth forecasts for the economy to an average of 4.7 per cent, up from their earlier projection of 4.4 per cent. But the outlook is less510 words
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THREE-MINUTE DIGEST
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53 2008-06-17 2 SINGAPORE recently proposed tweaking its unsecured credit rules for financial institutions to make it easier for individuals to obtain funding for share purchases including new share offers. Some expect the easier lending rules to raise interest in share purchases, especially IPOs. TOP53 words
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45 2008-06-17 2 STARHUB is aiming for a headstart in "mobile wallet" services here. It has signed a memorandum of understanding with NTT DoCoMo, Japan's leading mobile communications provider, to start exploring a mobile wallet concept. COMPANY NEWS, PAGE 445 words
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60 2008-06-17 2 MEDIARING wants to grab one million subscribers with its new mobile Internet call service, called MobileVolP. The company is expected to launch this service today at the CommunicAsia tradeshow, which lets mobile phone subscribers make free or economical phone calls using60 words
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62 2008-06-17 2 SHOPPERS seemed to be undeterred by inflation and global economic instability, ringing up U5537.2 million of sales in the first weekend of the Great Singapore Sale, according to Master Card. Local shoppers accounted for U5524.6 million, which is 25 per cent62 words
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68 2008-06-17 2 TALK may be cheap, but the words of a central banker can be pure gold, which may explain why policymakers are so worried about global inflation. The record rise of oil and other commodity prices has reduced gold to a shadow of68 words
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62 2008-06-17 2 CHINA'S banks risk overextending themselves in their rush to expand abroad, said Howard Davies, former deputy governor of the Bank of England and an adviser to the Chinese banking regulator. He said that he's "nervous" that lenders may make the same mistakes62 words
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76 2008-06-17 2 INVESTMENT banking fees in India have slumped by nearly a third so far this year, following a drop in mergers and acquisitions and a stock market slide that prompted some firms to withdraw initial public offerings. Many bankers see a revival76 words
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40 2008-06-17 2 EUROPEAN Union foreign ministers quarrelled over the fate of the bloc's new governing treaty after a veto in Ireland slammed the brakes on moves towards a more politically united Europe. WORLD, PAGE 1940 words
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51 2008-06-17 2 THE New York Federal Reserve's closed-door rule-making with top players in the massive US$6O trillion credit default swaps market came under legal fire on Sunday, as a fair finance activist filed a complaint questioning why it was done in the dark. WORLD, PAGE51 words
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Article, Illustration418 2008-06-17 2 Reuters [LONDON] Barclays said it plans to sell billions of pounds worth of shares to new and existing shareholders, sending its shares soaring yesterday as investors celebrated the move to boost its stretched balance sheet. Britain's third biggest bank said it was considering issuing newReuters; REUTERS J - 418 words
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Article402 2008-06-17 2 JOHN FOLEY - JOHN FOLEY P breaking .com BARCLAYS may be about to do a good deal at a terrible time. The UK bank sat tight while rivals HBOS and Royal Bank of Scotland (RBS) dragged themselves through arduous rights issues. Now Barclays is talking to funds,402 words
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767 2008-06-17 3 MICHELLE QUAH - MICHELLE QUAH Individuals may borrow up to 80% of share value; checks on credit risk [SINGAPORE] Singapore recently proposed tweaking its unsecured credit rules for financial institutions to make it easier for individuals to obtain funding for share purchases including new share767 words
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Page 2 Advertisements
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Advertisement159 2008-06-17 2 Listening is the key to any business success. Widex helps me do just that. Enjoy better communication with Widex. The ability to listen well is as powerful as it is to speak well. Not a day passes when one is not required to listen. It is essential in all true159 words
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Advertisement171 2008-06-17 3 mfjjjymiWSSSßmStSlm K^- HI H^^^i ■■■■■■■■HHIIiIitBR 5 B'' s BmSmQI jHlimja UQFDurnRP :"-'.::—VB'.- r ri9Cl\VvUl\r X fl EQpPI www.servcorp.com.sg I Everything but the office I I From $90* per month! I No set up feis. no iecurity deposit, month to month flexibility M Prestigious address for your business cards and letterhead171 words
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COMPANY NEWS
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546 2008-06-17 4 JOYCE HOOI - JOYCE HOOI Moll signed with NTT DoCoMo; talks too to explore EZ-Link integration STARHUB is aiming for a headstart in "mobile wallet" services here. The telephone company said yesterday that it has signed a memorandum of understanding with NTT DoCoMo, Japan's leading546 words
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Article630 2008-06-17 4 WINSTON CHAI - WINSTON CHAI FOR at least half a decade, local operators have been dipping their toes into the field of mobile payments but previous trials all fell dead in the water. StarHub may have borrowed an improved technological platform from Japan for its latest attempt,630 words
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Article, Illustration502 2008-06-17 5 ONG BOON KIAT - ONG BOON KIAT MobileVolP users can call over WiFi from regular mobile phone MAINBOARD-listed Internet telephony firm Mediaßing wants to grab one million subscribers with its new mobile Internet call service, called MobileVolP. The company is expected to launch this serviceFILE PHOTO - 502 words
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195 2008-06-17 5 Bloomberg WILMAR International Ltd, the world's biggest palm oil trader, yesterday had its biggest gain in Singapore trading in almost three months after ÜBS Securities Malaysia raised its recommendation on the stock. The stock gained 35 cents, or 7.5 per cent,Bloomberg - 195 words
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350 2008-06-17 5 NISHA RAMCHANDANI - NISHA RAMCHANDANI By INDONESIAN crude palm oil and crude palm kernel oil producer Kencana Agri is seeking a Singapore listing and has lodged a preliminary prospectus with the Monetary Authority of Singapore. Helmed by chief executive Henry Maknawi, Kencana has crude palm350 words
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Article, Illustration373 2008-06-17 5 LYNETTE KHOO - LYNETTE KHOO It seats 70 and aims to target a younger and hipper clientele APEX-PAL International has opened its second Sakae Sushi outlet in New York City. The company said yesterday that the 225-square metre Sakae Sushi@West Village, with a seating capacity373 words
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COMPANY BRIEFS
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Article64 2008-06-17 5 ENGINEERING and infrastructure group Boustead Singapore is proposing a share split aimed at improving market liquidity of its shares and increasing the number of shareholders. Each ordinary share will be split into two shares, resulting in shareholders receiving one additional share for every share held. The64 words
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94 2008-06-17 5 TELCO Ml and media company MediaCorp have appointed Alcatel-Lucent a mobile TV technology provider as the supplier of the DVBH (Digital Video Broadcasting-Handheld) platform for their joint mobile TV consumer trial in August. Alcatel-Lucent's DVBH platform will support the Open Mobile Alliance BCast Smart Card94 words
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91 2008-06-17 5 KS Energy Services said that it has secured the first of two six-months extension to its rig management contract with Consafe Offshore AB, a wholly owned subsidiary of Prosafe SE. The extension of this rig management contract, which will generate revenues of 2.75 million euros91 words
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Article, Illustration385 2008-06-17 7 JAMIE LEE - JAMIE LEE Rent hike for 226,000 sq ft prompts DBS Vickers to raise DPU estimates MACQUARIE Prime Real Estate Investment Trust (MP Reit) said yesterday that it has raised rent by 19.75 per cent for about 226,000 square feet ofFILE PHOTO - 385 words
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349 2008-06-17 7 CHOW PENN NEE - CHOW PENN NEE By SINGAPORE Technologies Engineering's electronics arm has won a US$B million contract to provide an advanced taxi despatch and management system for Sharjah Public Transport Corp in Sharjah in the United Arab Emirates This is ST Electronics' first taxi349 words
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432 2008-06-17 7 VINCENT WEE - VINCENT WEE Boeing sees air cargo growth boosting PTF widebody conversions A GROWTH in passenger-to-freighter (PTF) conversions of more fuel-efficient medium widebody aircraft like the Boeing 767-300 is on the cards. The reason? The combination of an average 6 per cent annual growth in432 words
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Advertisement863 2008-06-17 4 /4?> Get your Rabobank Warrant IO IUI Highlights daily via email. Vffßlvl mr Visit www.rabowarrants.com.sg or gi*l*ysmlflj& ftj| emailwarrants@rabobank.com w^t^fi &ww^t KEPCORP RB ECWOBII2B (FRBW) DBS RB EPWOBI2IB (FOFW) KEPPEL CORP LTD Call DBS GROUP HOLDINGS LTD Put Exercise Price 5511.495 Exercise Price S$ 19.00 L Expiry Date 28 November863 words
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Advertisement280 2008-06-17 4 -remt-i state /jh. INVESTMENT WORLD i J Asia 2008 23 26 June 2008, Raffles City Convention Centre, Singapore Building Wealth 1 SraCIAJLTY& -REAI-ISmT-E--1 r\RAJNDED INVESTMENT WORLD JJ REAL ESTATE WORLD Vietnam 200 s 23 June 2008, Monday 26 June 2008, Thursday t ii SLOES? Ming Mci Dr. Yu Lai Boon280 words
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Advertisement32 2008-06-17 5 I^^^^l —-^^SSS^r^i K°rean Investment Bank, —■i' r' I I B_l 1 L^^^^^ Woori Investment Securities, I ■—^T^^^M^^ll^^^^^M Debuts in Singapore. I M&A I Corporate Finance I Real Estate I Sales&Trading WOORI INVESTMENT&SECURITIESASIA32 words
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SINGAPORE MARKETS
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Article, Illustration580 2008-06-17 6 CONRAD TAN - CONRAD TAN STOCKS STOCKS here started the week yesterday with a rally centred mostly on blue chips, after gains in US equities on Friday cheered most Asian markets. A dip in oil prices on Friday also gave some relief to investors who fearBloomberg - 580 words
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Article95 2008-06-17 6 Up Down Unch Up Down Unch Up Down Unch Multi Ind 7 7 2 0 0 0 7 7 2 Manufacturing 78 50 52 16 94 55 60 Commerce 13 25 23 14 33 25 Tpt/Stor/Comms 18 11 19 13 Finance 19 19 Construction 11 Properties 1495 words
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Article119 2008-06-17 6 MAIN SDQ TOTAL MAIN SDQ TOTAL lulti Ind 13,626 13,626 75,375 75,375 lanufacturing 234,355 105,051 339,406 220,083 12,942 233,025 lommerce 37,974 37,684 75,658 57,494 13,479 70,973 'pt/Stor/Comms 104,650 1,567 106,217 301,716 585 302,301 :i nance 31,883 31,883 308,545 308,545 lonstruction 25,176 10,140 35,316 7,840 497 8,337 'roperties119 words
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Article103 2008-06-17 6 lapitaLand 5.900 +0.100 lapitaMall 3.130 +0.100 jtyDev 10.520 +0.100 losco Corp 3.350 +0.170 IBS Grp 19.440 +0.380 :&N 4.610 +0.040 ient Intl 0.590 +0.005 IK Land 4.250 -0.100 ISH 18.000 +0.700 lardineC&C 16.800 +0.140 Ceppel Corp 11.580 +0.280 Ceppel Land 5.160 +0.040 IOL 3.580 +0.220 loble103 words
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Article390 2008-06-17 6 CHOW PENN NEE - CHOW PENN NEE Swiber Holdings June 16 close: 552.63 DBS GROUP RESEARCH, June 16 THE group's soon-to-be-built Equatorial Drilling Barge for deepwater exploration works will enable Swiber to offer time charter services to clients for deepwater drilling projects, which is an alternative drilling option to the semi-submersi-ble rig390 words
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Article, Illustration430 2008-06-17 6 KEN TAI CHEE MING - KEN TAI CHEE MING, CHART POINT LAST week, we commented on the likelihood that the Straits Times Index's 3,000 support level will be tested. The index succumbed below the psychological support level in tandem with the sharp declines in major equity: NextVIEW - 430 words
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Article, Illustration524 2008-06-17 6 LARRY WEE - LARRY WEE CURRENCIES THE US dollar trimmed last week's gains in Asia yesterday, giving back something like 0.3 to 0.5 per cent across a broad front, after last weekend's G-8 Finance Ministers' meeting ended without any specific support for the US currency.: Reuters - 524 words
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Article51 2008-06-17 6 Jun 16 VALUE CLOSE -1050.00 +79.0C IT OB/OS IT CADI -*****.00+23.01 IT 10-day MA -*****.00-105.0i TSE ST Mid Cap 746.60 -0.71 TSE ST Small Cap 639.16 -0.1 TSE ST All Share 769.67 +9.8: TSE ST China 436.89 +7.8' IOB Catalist 145.32 +0.1 IMSCI 371.80 +7.2 IMSCI Futures 372.9051 words
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Article58 2008-06-17 6 VOLUME Chasen 95,539,000 Jade Tech 81,907,000 Golden Aqri 58,554,000 China Honqxinq 41,699,000 Ocean us 36,550,000 SingTel 31,372,000 DBS MBL eCWOBO9O9 29,403,000 ChinaTaisan 24,913,000 Sinotel Tech 23,125,000 DBS DBeCWOBIOI3 22,250,000 VALUE(S) SingTel 115,204,112 DBS Grp 114,404,420 SGX 81,598,540 Cosco Corp 67,238,740 UOB 62,169,520 Golden Agri 52,890,300 Wilmar 50,501,51058 words
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Article95 2008-06-17 6 CLOSE UP ISH 1800 96.3 4.0 China H 10US$ 1617 88.1 4.1 lain irm 557 50.9 7.1 .I Fund 160 45.0 39.1 IMH 3000 41.3 1.' iBS Gr| 1944 38.0 2.' filmar 499 35.0 7. IOB 1920 32.0 1. LD 10US$ 8606 28.9 0., Cor| 1158 28.0 2. BY95 words
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Article128 2008-06-17 6 iTX PO DB eCW*****5 BY CENTS CLOSE DOWN 22 -39.5 -64.2 iTX PO DB eCW*****1 16.5 -31.5 -65.6 i ham .a Asia 2000 -21.1 -5.7 iBS Bk6% NCPS 10 ***** -20.0 -0.2 ICBCCai :.93%Pref10 9880 -20.0 -0.2 leloni W*****8 271 -14.0 -4.! IK Land 425 -13.8 -2.3 itraits Trdi128 words
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Article83 2008-06-17 6 Vhere S$ stands Jun16 %CHNG CLOSE FR Jun 13 YR2008 S$ LOW S$ HIGH ISS 1.3747 0.35 1.4542 1.3457 iuro 2.1213 0.12 2.2064 2.0474 'ounds 2.6940 -0.30 2.8431 2.6568 1.2919 -0.14 1.3235 1.2349 ren* 1.2693 0.53 1.4484 1.2680® lupiah* 0.***** 0.40 0.***** 0.***** !aht* 4.1270 0.80 4.4299 4.0750 •eso*83 words
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Advertisement356 2008-06-17 7 www.dbFX.com 01s the dollar turning? Don't miss the chance to get on the winning side of the market register for the new time slot now! Date: 19 June 2008 (Thursday) Time: 3pm spm new seminar due to demand 7p m 9p m f u ||y booked Venue: Level 9, STI356 words
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SINGAPORE NEWS
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341 2008-06-17 8 NISHA RAMCHANDANI - NISHA RAMCHANDANI MasterCard data shows USs24.6m spending came from locals SHOPPERS seemed to be undeterred by inflation and global economic instability, ringing up U5537.2 million of sales in the first weekend of the Great Singapore Sale (May 23-25), according to information341 words
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Article367 2008-06-17 8 JAMIE LEE - JAMIE LEE By THE Central Provident Fund Board yesterday said that the new minimum sum would be $106,000. The latest amount will apply to CPF members who turn 55 between July 1, 2008 and June 30, 2009. "Members who set aside the $106,000 cash367 words
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242 2008-06-17 8 SCIENTISTS are starting a two-year major clinical trial involving two treatments that can prolong the life of liver cancer patients. The trial is being carried out under the aegis of the Asia-Pacific Hepatocellular Carcinoma (AHCC) Trials Group. Besides Singapore, member centres such242 words
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425 2008-06-17 8 SIOW LI SEN - SIOW LI SEN The issue was discussed at an EU-Asean workshop THE problem of exclusive football content that upsets consumers seems to cause as much upset for European telecom regulators as much as it does for those in Singapore. At an EU-Asean workshop yesterday425 words
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Article355 2008-06-17 8 INDONESIA'S telecommunications regulator considers the interests of all stakeholders when looking at policy and the sector is on track for full liberalisation. "As a regulator, we must think of all stakeholders," said Sofi Soeria Atmadja, head of regional affairs, directorate general for Posts and Telecommunications,355 words
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360 2008-06-17 9 SAMUEL EE - SAMUEL EE Firm expanding production, R&D and forging alliances DOW Chemical Company is investing millions of dollars to meet the Asia-Pacific region's 30 per cent-plus growth in demand for its products. The chemicals giant says that it is not its practice to divulge exact figures,360 words
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Article, Illustration591 2008-06-17 9 CHRISTOPHER LIM - CHRISTOPHER LIM Spore-made feature pioneers distinctive style; targets Oct 30 cinematic release SING To The Dawn may have been the first Singa-pore-made full-length animated movie to start production, but problems saw other films like Zodiac beat it to the finish line. The film is591 words
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Advertisement242 2008-06-17 8 MEETING TEAM BUILDING THEMED EVENT INCENTIVE •i HL=«=J m P Sr-J I •< m HI r _ifl H f I 1 ir~H F\ r V 1 i^^<^_ J^a P\l \i It takes something extra special to show someone that you truly appreciate them. With impressive properties, passionate service delivery and242 words
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Advertisement132 2008-06-17 9 ZAP for daily inspirational quotes Brought to you by Ermenegildo Zegna Hear from established business gurus like Donald Trump, Warren Buffett, Richard Branson and the likes, and stay at the forefront of the business arena. Win a pair of Ermenegildo Zegna Sunglasses worth $600! To Zap: 1) Download Color Cam™132 words
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Advertisement362 2008-06-17 9 x^ RKaH 7 Xl S^^ J V A jsm Choose 1^ I between our V PI S$ and US$ 9 P |ans" Here at Manulife, the leading provider of retirement solutions, we understand that you are reaching a new stage in your life. Your retirement! All that you have worked362 words
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SMEspotlight
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Article, Illustration723 2008-06-17 10 OH BOON PING - PRO-ENTERPRISE CHANGES e-Services@ONE.MOTORING has garnered positive feedback and bagged awards, says OH BOON PING PROCESSING vehicle registration and licensing-related transactions and making enquiries has never been easier thanks to the Land Transport Authority's one-stop shop at the online portal ONE.MOTORING.ARTHUR LEE - 723 words
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360 2008-06-17 10 TEH HOOI LING - TEH HOOI LING Interest yet to return to small cap counters By THE nearly 2 per cent rebound in the Straits Times Index, following the rout in the stock market last week, was chalked up mostly by the blue chip big cap360 words
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986 2008-06-17 11 MOHIT SINGH - MOHIT SINGH By OVER the past few months, companies have had to deal with rising costs in almost all aspects of their businesses. Some have managed to pass on these costs to the consumer, but most are trying to find ways986 words
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716 2008-06-17 11 IT MATTERS Computer users can be taught three basic things to establish a robust defence against IT threats THINK about it. When you leave your home you lock your door. And when you leave your car you activate the central locking and alarm. Now ask yourself:716 words
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Page 10 Advertisements
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Advertisement186 2008-06-17 10 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, giving186 words
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Advertisement485 2008-06-17 10 In the matter of IN THE MATTER OF The Companies Act, Cap. 50 THE COMPANIES ACT, CAP. 50 In the Matter of AND IN THE MATTER OF SUC CONSTRUCTION (S) FTE LTD SENATOR (S.E.A.) PTE LTD ssu^sissssgsw IComT 9 no y 2 Roi; s 8o D r Na: nißFcmi?^ of485 words
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Advertisement22 2008-06-17 10 Lianhe Zaobao ustti Chinese CNvanies I with investment in face stock sell-off pressure fyt tk vtyM; stuffw ww.st7ol.com jobs cars property shops22 words
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Advertisement20 2008-06-17 11 The OASIS Companies High Yield lYajor Track Record W c Are Looking For A Partner www.oasisroi.com OASISASIA Inter national Ltd20 words
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Advertisement395 2008-06-17 11 jL LASER SHOT Delighting You Always /B NGGd 3 Z6TO I A Discover a simple way to save time with B moinfanonro f Canon Laser printers. They come with X m All-ln-One toner cartridges, which include ink, Z print SOIUTIOn W drum and cleaners in one compact unit, no J395 words
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SME BUSINESS TOOLS
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Article, Illustration1381 2008-06-17 12 WEE JUN KAI; OH BOON PING - Branding is crucial for SMEs to stand out, especially in today's highly competitive marketplace, write WEE JUN KAI and OH BOON PING AS MARKETS across the globe become more saturated, the importance of marketing to companies in maintaining profit margins has undoubtedly become greater. Lawrence Leow,LUDWIG ILIO - 1,381 words
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Advertisement143 2008-06-17 12 H Da/*AIMA fDA /AllC+ Recognised around the globe, CPAs DdUIIIC €1 VrM IMUSUJ have the credibility and versatility to I B work in any role, any industry, FinCl Ollt nOW. anywhere in the world. I^TI^J^TC^ Students with an accredited degree from R* 24 June I 3 July 2008 a university143 words
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EMERGING ENTERPRISE
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Article, Illustration708 2008-06-17 13 JOYCE HOOI - Sub-contractor Francis Tan gets crucial loan from OCBC to ride construction wave, reports JOYCE HOOI HEN the construction industry started to pick up after a long slump, Francis Tan found himself in a dilemma. The director of CX Supplies Services a sub-contractor involved in excavation andJOHN HENG - 708 words
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Article, Illustration1408 2008-06-17 13 CM Asia's vision of using IT to benefit not just the children but the parents helps them win the inaugural HP Total Care Challenge A CHILD'S early years, especially from two to six, are extremely crucial to building a solid foundation for the future.1,408 words
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Advertisement13 2008-06-17 13 H^^,.^^^^^ r ©OCBCBank Terms and conditions apply. tFor applications received before 12 noon.13 words
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Advertisement17 2008-06-17 13 t *i^JEnterprise Presented by THE BUSINESS TIMES ©OCBCBank Supported by 00 What RSM.ChioLim EnaMngßHwpHse I^^/mi^V NUS Enterprise17 words
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SINGAPORE ARTS FESTIVAL
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Article, Illustration528 2008-06-17 14 The blues genre is gaining popularity in Singapore, writes AMANDA DE GUZMAN HEN legendary blues artist John Mayall sings "Now it's the 21st century, we've come a long way All around the world I hear the sound of kids playin' the blues", he mayDARREN LEE I-MING - 528 words
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Article, Illustration474 2008-06-17 14 LIM WEN JUIN - LIM WEN JUIN By WITHOUT wasting words let it be stated that Spin Odyssey by Korean b-boy crew Last For One was absolutely, positively magnificent. For the rare few still unfamiliar with the term, a b-boy refers to a male devotee of hip-hop culture, specifically474 words
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Article2196 2008-06-17 14 Iun16 RM Cooo] A&M Realty 0.60 \bric Bhd 0.16 Advance Synergy 0.10 Adventa Bhd 1.20 AeMuIti Hldgs 0.24 Affin Holdings 1.99 Ahmad Zaki Resou 0.82 AicCorp 0.52 \irasia Bhd 0.88 Akn Technology 0.44 Alliance Financi 2.89 Aluminium Co 1.03 Amalgamated Ind 0.54 \mmb HldgsBhd 3.56 Amtel Holdings 0.672,196 words
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Advertisement211 2008-06-17 14 One Idea Can Change Your World Ul"bcinfOrUm Most Recent Thinking in Risk, Governance and The Kaplan/Norton Balanced Scorecard LINKING STRATEGIC RISK CREATING A WINNING GOVERNANCE TO BALANCED SCORECARD BALANCE SCORECARD 4& 5 AUGUST 2008 GRAND HYATT SINGAPORE 6 AUGUST 2008 GRAND HYATT SINGAPORE Identifies the different types of strategies as211 words
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ECONOMY WATCH
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597 2008-06-17 15 Reuters In the US, the Fed is betting on slowing growth to tame surging prices [NEW YORK] Talk may be cheap, but the words of a central banker can be pure gold, which may explain why policymakers are so worried about globalReuters - 597 words
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493 2008-06-17 15 Reuters They point to impending election, still-fragile economy [WASHINGTON] US Federal Reserve interest rate increases are not a foregone conclusion this year despite tough talk on inflation, with a looming election and still-fragile economy that could well keep policy on hold.■ Reuters - 493 words
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Advertisement41 2008-06-17 15 I Singapore's Largest Private Law School] Full-time Part-time 2 years for Graduate Entry 3 years for Normal Entry (%&t&*£**^ Admissions now open Also Available: Diploma in Law HOTLINE: 6338 0300 www.stansfleld.edu.sg istansfield" College 11 Penang Lane (next to Dhoby Ghaut MRT)41 words
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Advertisement241 2008-06-17 15 ZAP HERE for the latest property updates! I To Zap*: 1. Install the Color Cam™ software in your mobile phone by I a. typing the word 'Zap sms ***** b. typing "zapcode.sg" in the web browser of your handset I 2. Trigger the Color Cam™ software (located either in "Games"241 words
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MALAYSIA
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Article, Illustration471 2008-06-17 16 Bloomberg Move comes as grain price soars and country tries to cut import reliance [KUALA LUMPUR] Sime Darby Bhd, Malaysia's largest publicly traded palm oil producer, plans to expand into rice production after the price of the grain soared and asBloomberg; BLOOMBERG - 471 words
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371 2008-06-17 16 ■AFP [KUALA LUMPUR] Malaysia premier Abdullah Ahmad Badawi has warned of a "real disaster" unless bold steps are taken to tackle the global inflation crisis. Mr Abdullah told the World Economic Forum on East Asia in an opening address late on Sunday that the■AFP - 371 words
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282 2008-06-17 16 Reuters [KUALA LUMPUR] Malaysia, which raised fuel prices sharply this month, is considering a plan to sell a fixed amount of fuel to motorists each month on subsidised rates, a report said yesterday. The system includes providing Malaysian motorists with a special card forReuters - 282 words
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309 2008-06-17 16 [KUALA LUMPUR] The Malaysian government may call for tenders for the Gemas-Johor Baru railway project by the year-end, says a report in Malaysia's Business Times, citing a government source. It said that the source from the Ministry of Transport indicated that it309 words
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Advertisement18 2008-06-17 16 Organised by: Sponsored by: Supported by: THE BUSINESS TIMES JSSB OoCßCßank j^=- sL iDA UWU UULJ^J Singapore SINGAPORE18 words
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CHINA
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Article, Illustration432 2008-06-17 17 Bloomberg Adviser to regulator fears repeat of the mistake of Japan banks in 1980s [BEIJING] China's banks risk overextending themselves in their rush to expand abroad, said Howard Davies, former deputy governor of the Bank of England and an adviser to theBloomberg; BLOOMBERG - 432 words
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256 2008-06-17 17 ■AFP [BElJlNG] China's industrial output showed signs of slowing down in May, suggesting that the Asian giant is hurting from weakening demand from abroad, the government and experts said yesterday. Factory production in the world's fourth largest economy increased 16.0 per cent last■AFP - 256 words
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Article174 2008-06-17 17 Reuters -[SHANGHAI] China's economic growth will decline by 1.5 percentage points to 10.4 per cent in 2008 from 2007, possibly marking the beginning of a medium-term slowdown, a report by the prestigious Renmin University of China said. The government needs to adjust its monetary policiesReuters - 174 words
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Page 17 Advertisements
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Advertisement650 2008-06-17 17 EBjEHSS BLADE BQUHm^B SERVERS j^ I x Your datacenter operation requires servers and solutions for M 3T# V^^P^vlf Look out for the SBEA special story tomorrow. F highest levels of business continuity> efficiency and agility. M W^Jjff!szMl M p m Fujitsu PRIMERGY Blade Servers can deliver these benefits W&r^iM f650 words
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INDIA
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276 2008-06-17 18 Bloomberg [MUMBAI] Unitech Ltd, India's second-biggest property firm, scrapped plans for a US$6OO million sale of shares in a real estate investment trust (Reit) in Singapore, joining rival DLF Ltd in shunning equity markets after stocks plummeted. The Gurgaon-based developer will seek US$3OO millionBloomberg - 276 words
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550 2008-06-17 18 Reuters [MUMBAI] Investment banking fees in India have slumped by nearly a third so far this year, following a drop in mergers and acquisitions (M&A) and a stock market slide that prompted some firms to withdraw initial public offerings (IPOs). Many bankers seeReuters - 550 words
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447 2008-06-17 18 Bernama Set-up is only the 2nd in the world after the one at FBI [LUCKNOW, India] Be it a terrorist attack, mass tragedy or police verification, this bank can be of great use for security agencies and doctors. Combining anthropology, biometricBernama - 447 words
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Page 18 Advertisements
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Advertisement2392 2008-06-17 18 «4 Hf^ii^? LwJ I L.wl SKI ■ramTißPiSSl'lPrflHPiflfflflißiliPllPWlß CIIIUJ SMRT Corporation Ltd If Incorporated in the Republic of Singapore Company Registration No: *****1855H Notice of Annual General Meeting To: All Shareholders NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at b. unless varied2,392 words
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WORLD
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Article, Illustration595 2008-06-17 19 Bloomberg Ministers disagree on how to respond to Ireland's rejection of governing treaty [LUXEMBOURG] European Union foreign ministers quarrelled over the fate of the bloc's new governing treaty after a veto in Ireland slammed the brakes on moves towards a more politically unitedBloomberg; AFP - 595 words
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Article, Illustration265 2008-06-17 19 -AP [NEW YORK] Lehman Brothers Holdings Inc posted a nearly US$3 billion loss yesterday, after the fourth-largest US investment bank was hurt by wrong-way hedging and trading positions. The results marked the first time that Lehman Brothers recorded a loss since going public-AP; BLOOMBERG - 265 words
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302 2008-06-17 19 Reuters [NEW YORK] Billionaire financier Carl Icahn, who launched a proxy battle in May to replace the board of Yahoo Inc in the wake of its failed deal to be acquired by Microsoft Corp, said on Sunday that the subsequent deal Yahoo forged with Google■ Reuters - 302 words
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368 2008-06-17 19 SIMON NIXON - SIMON NIXON P breaking .com SUPPORTERS of a closer European union have long argued that the EU is like a bicycle if you didn't keep moving forward, you fall off. Now Europe will get a chance to see whether this is368 words
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459 2008-06-17 20 Reuters Activist wants details about talks that set new credit default swaps rules [WASHINGTON] The New York Federal Reserve's closed-door rule-making with top players in the massive US$6O trillion credit default swaps market came under legal fire on Sunday, as a fair finance■ Reuters - 459 words
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148 2008-06-17 20 Reuters [TEHERAN] Iran has withdrawn around US$75 billion from Europe to prevent the assets from being blocked under threatened new sanctions over Teheran's nuclear plans, an Iranian weekly said. Western powers are warning the Islamic Republic of more punitive measures if it rejects an incentivesReuters - 148 words
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Article, Illustration290 2008-06-17 20 Reuters, Bloomberg [NEW YORK] The world's biggest insurer, American International Group Inc, replaced chief executive officer Martin Sullivan on Sunday after it suffered two quarters of record losses from risky mortgage bets and its share price more than halved over the past year. MrReuters, Bloomberg; REUTERS - 290 words
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Article8314 2008-06-17 20 UNIT TRUSTS FUNDS AIG Global Investment Corporation (S) Ltd AIGIF Acorns of Asia Balanced Fund!S 2.155/ AIGIF S'pore Bond Fund/ A 1.304/ APS Asset Mat Pte Ltd APS Alpha Fund!** 0.99/ APS Alpha Fund (USD) 0.72/ APS Komaba Asset Mgt Pte Ltd APS Komaba Global Bond SGD 0.9649/ APS Komaba8,314 words
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Page 19 Advertisements
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Advertisement205 2008-06-17 19 ~w^ 1 B^.' ISnB^BiJBB s■« lAs 1 B -.-rtOAfIOO m A 1 Sao-* 141 JW^W J Washington,D.C. Singapore Tokyo B^BP R^ffl9 Tokyo Singapore Morning Flight Hjj^^|||||^^^||m||||^| Night Flight Flight No Dep Arr Flight No City Dep Arr Flight No City Dep Arr Flight No Dep Arr I NHB San Francisco205 words
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COMMUNICASIA/BROADCASTASIA
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Article, Illustration921 2008-06-17 21 i OMG BOOM KIAT - USs4.Bb sourcing bonanza in the offing for CommunicAsia and BroadcastAsia, which will see a strong local presence, reports oniG boom kiat SOME US$4.B billion in deals could emerge from the 19th CommunicAsia and 13th Broadcast Asia events, while the influx of moreFILE PHOTO - 921 words
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Article164 2008-06-17 21 ORGANISED by Singapore Exhibition Services (SES) and supported by the Infocomm Development Authority of Singapore (IDA) and the Media Development Authority (MDA), CommunicAsia2ooB, BroadcastAsia2ooB, EnterpriselT2ooB and InteractiveDME will be held from today, June 17, to Friday, June 20 at the Singapore Expo. Opening hours are from164 words
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Article, Illustration597 2008-06-17 22 CHAN ENG CHYE - CHAN ENG CHYE It has matchmade many local and Israeli firms, as well as provided funding and other forms of assistance for their joint R&D projects THE Singapore-Israel Industrial Research and Development Foundation (SURD) was formed to promote, facilitate597 words
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Article636 2008-06-17 22 WONPYO HONG - WONPYO HONG By THE mobile phone industry has experienced a significant shift in recent times, from focusing on developing the next breakthrough technology to looking at how to better use technology to improve the user experience. This shift towards a more personalised experience concentrates on content636 words
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Article, Illustration751 2008-06-17 24 KHOONGHOCKYUN - KHOONGHOCKYUN We can expect broadband to once again transform the way we live, learn, work and play BROADBAND is enabling much of what we do today. Its impact is clear especially in how we communicate. While SMS is still popular with some one billion sentFILE PHOTO - 751 words
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770 2008-06-17 24 HAKAN ERIKSSON - HAKAN ERIKSSON By THE Internet generation is becoming accustomed to having broadband access wherever they go, and not just at home or in the office. People can already browse the Internet or send e-mails using High Speed Packet Access (HSPA)-ena-bled notebooks, replace their fixed ADSL770 words
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Article339 2008-06-17 24 ONG BOON KIAT - ONG BOON KIAT By VISITORS to BroadcastAsia2ooB are set to be wowed by an ultra-sharp Super Hi-Vision (SHY) video system by Japanese broadcaster NHK. This next-generation video and broadcasting technology punches way above today's High-Definition TV (HDTV) format with 16 times its resolution. And it339 words
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521 2008-06-17 24 AMIT ROY CHOUDHURY - AMIT ROY CHOUDHURY MONTREAL-HEADQUAR-TERED Dialogic Corporation, a global provider of products and technologies for media and signal processing, will showcase an innovative Singapore-de-veloped, video-based social networking solution at this year's CommunicAsia. Eamonn Kearns, Dialogic's Asia-Pacific VP of sales, noted that mobile video is the521 words
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Page 21 Advertisements
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Page 23 Advertisements
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Advertisement256 2008-06-17 23 BroadoastAsia2OOB CommuniDAsia2OßB The 13th International Digital Multimedia Entertainment The 19th International Communications and Information Technology Exhibition Conference Technology Exhibition Conference EnternriseMT2BßB iNTERHc-n^nmr The sth International Information Technology Exhibition The 2nd International Interactive, Digital Media Entertainment Conference for the Enterprise Exhibition Conference Asia's unparalleled Infocomm and Media trade event offering the256 words
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Page 24 Advertisements
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Advertisement137 2008-06-17 24 I^^SH 3Com is an Energy Star Partner and a winner of the President's Environment and Conservation I Challenge Award in the United ESEEJHI States of America. 3Com Commitment To Environmental Health Safety For over 25 years, 3Com has been developing high quality and affordable data, voice, wireless LAN, and security137 words
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Page 25 Advertisements
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Advertisement332 2008-06-17 25 J <, 1 H Singapore Media Fusion www.smf.sg The converging media landscape in Singapore is continually evolving. Discover how Singapore's leading digital technology companies have created new applications, tools, services and transformed their business models to put Singapore as one of Asia's leading countries in digital technology. Meet some of332 words
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AVIATION
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762 2008-06-17 26 AP, AFP We will 'market ourselves out of this problem', says confident Fernandes [KUALA LUMPUR] Air Asia, the region's biggest budget airline, can remain profitable even if world oil prices hit US$2OO a barrel, CEO Tony Fernandes said yesterday, allaying concernsAP, AFP - 762 words
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Article, Illustration336 2008-06-17 26 Reuters [WASHINGTON] US airlines say they cannot afford to fly new routes or maintain all flights to China and other countries that restrict access, but they still want to keep their rights to serve those destinations. Carriers asked the Bush administrationReuters; REUTERS - 336 words
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198 2008-06-17 26 Reuters [NEW YORK] Two US law firms filed lawsuits in US federal court alleging insider trading in shares of EADS, and said that managers and shareholders misled investors, The Wall Street Journal reported yesterday. The lawsuits, which were filed last Friday, contend thatReuters - 198 words
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236 2008-06-17 26 ■AFP [SYDNEY] Australia's national airline Qantas yesterday began selling tickets for its maiden Airbus 380 flight as it prepared to receive its first super-jumbo plane, it said. The flag carrier, which has ordered 20 of the world's biggest aircraft, said that■AFP - 236 words
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Article2503 2008-06-17 26 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 Brunei Airhi CJ" nu»"" n" n -""q Airlines (BOU), BR2,503 words
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Page 26 Advertisements
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Advertisement102 2008-06-17 26 BT/ZUJI Deals of the Week ISfe wMte tftio© dtei OS ihMo BUSINESS CLASS (from ECONOMY CLASS (from I HOTEL (from London $3,729 $918 $89 DESTINATIONS BUSINESS CLASS (from ECONOMY CLASS (from HOTEL (from WEATHER Bangkok $489 $139 $29 4% Ran Beijing $1,548 $419 $33 Rain Calcutta $1,172 $382 $38 Rain102 words
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Page 26 Miscellaneous
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Miscellaneous323 2008-06-17 26 CRYPTIC CROSSWORD ACROSS 1 Basic equipment needed for V P P P p jHj standard home exchange 9 Cooking range covered in eggs and herb (7) 10 Give reasons why former j^fl j^fl student is in agony (7) tt—^ in front of Scottish church |^J j^M j^H j^h j^h herring323 words
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SHIPPING
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Article, Illustration492 2008-06-17 27 AFP Over 23,000 of them join truckers on strike; adding pressure on the govt [SEOUL] More than 23,000 South Korean construction industry drivers went on strike yesterday, joining truckers in a protest over rising oil prices which has intensified pressure on PresidentAFP - 492 words
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184 2008-06-17 27 Bloomberg -[HONGKONG] Pacific Basin Shipping Ltd, Hong Kong's largest operator of iron ore and coal vessels, rose the most in two weeks after an acceleration in China's industrial output eased concerns about a sea-cargo slowdown. The shipping line gained 5.6 per cent to HK$ll.4OBloomberg - 184 words
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Article153 2008-06-17 27 Bloomberg [SEOUL] Daewoo Shipbuilding Marine Engineering Co, the world's third-largest shipyard, said it received a 697.3 billion won (Ss92l million) order to build a drill vessel for an unidentified company in Oceania. Daewoo Shipbuilding will deliver the vessel by Dec 15, 2011, the Seoul-based companyBloomberg - 153 words
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217 2008-06-17 27 Bloomberg [BRUSSELS] European Union Competition Commissioner Neelie Kroes said that Poland must overhaul a plan to sell state-owned shipyards or she may force the government to take back billions of dollars of subsidies. The plan must ensure that the yards are profitable andBloomberg - 217 words
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336 2008-06-17 27 Bloomberg [LONDON] The cost of shipping Middle East crude to Asia, the world's busiest route for supertankers, may climb on signs Saudi Arabia may ship more oil. Saudi Arabia, the largest member of the Organisation of Petroleum Exporting Countries (Opec), will pump 200,000Bloomberg - 336 words
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TRANSPORT STOCKS
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Article109 2008-06-17 27 '000 Iun16 Vol 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 0.37 3.35 0.85109 words
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Article37 2008-06-17 27 '000 lun Int'G Logistics MISCBhd MISC Foreign Msia Bulk Carrie NCB Holdings NeplineBhd PDZ Holdings 0.89 9.00 8.70 3.74 3.22 0.21 unch 0.02 0.05 0.05 -0.02 unch unch unch 685 541 720 1457 37 4 037 words
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Article15 2008-06-17 27 ■oo Iun16 Bahl Vol Precious Ship Regional Cont .22.40 .23.40 0.10 0.10 736 1915 words
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Article14 2008-06-17 27 '000 Iun16 HK$ Vol poil Singamas Cont .43.30 ...2.14 0.80 0.01 476 126414 words
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Article24 2008-06-17 27 '000 lun >eso Aboitiz Equity Intl Container Keppel Marine Keppel Prop 6.90 31.50 2.50 unch unch 1.00 unch unch 8644 1504 2 024 words
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Article23 2008-06-17 27 Evergreen Marine ...25.60 :irst Steamship 57.00 /Van Hai Lines 25.00 t'ang Ming Marine ..22.10 0.20 0.70 0.35 0.45 9 9 1 323 words
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Article42 2008-06-17 27 '000 Iun16 Yen Vol Kawasaki Hvylnd...340.00 5.00 ***** Kawasaki Kisen ....1028.00 27.00 ***** Mitsubishi Hvy 588.00 16.00 ***** Mitsui Eng&Sbldg ..385.00 15.00 ***** Mitsui Osk Lines ..1450.00 59.00 ***** Nippon Express 520.00 13.00 1964 Nippon Yusen 986.00 32.00 7356 Source: Reuters42 words
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Page 27 Advertisements
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Advertisement50 2008-06-17 27 F^ 1 Pulses MORE BANG FOR YOUR BUCK Pulses: the heart of the investing community. Get your copy at $5.50 at leading newsstands and petrol stations. To subscribe, call *****38. Or get it at Spinelli and a complimentary medium Spin or Latte is on the house! Prcduodby the Business times50 words
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Advertisement40 2008-06-17 27 RESULTS (IN ENGLISH AND CHINESE) 1900-911-0002 Calls at $0,535 /min(inclusive of GST) Callers below 18 years of age must get parental consent Customer Service Hotline: 6319 2333 This service is provided by SPH Interactive Marketing Services. 9MM Singapore Press Holdings40 words
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Advertisement11 2008-06-17 27 Starting 9 June 2008 every Monday to Friday 6AM to 10AM11 words
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EDITORIAL & OPINION
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Article484 2008-06-17 28 IF there's any doubt that speculation is a huge factor in the current high price of oil, the situation at Malaysian International Shipping Corporation (MISC), one of the world's largest shippers of oil and natural gas, would be an eye-opener. The shipping corporation estimates that at least484 words
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Article, Illustration945 2008-06-17 28 NEIL BEHRMANN - NEIL BEHRMANN Uncanny similarities between late 1970s Hunt affair and speculation in commodities now THOSE who believe that there aren't shenanigans going on in oil and other commodity markets should recall the great silver bubble of the late *****. Texas oil tycoonsREUTERS - 945 words
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Article, Illustration832 2008-06-17 28 LEON HADAR - LEON HADAR THE BOTTOM LINE AT first, the US Federal Reserve chairman was criticised for his slow response to the housing crisis and credit crunch, with critics arguing that he should have started cutting interest earlier on and more frequently. In this832 words
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Article, Illustration1239 2008-06-17 29 SHADA ISLAM - SHADA ISLAM It's a body blow to EU plans to streamline internal decision-making while also increasing its global clout and standing HERE we go again. Having worked hard to salvage the ill-fat-ed European Union (EU) "constitution" after it was rejected by French andAFP - 1,239 words
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Article, Illustration818 2008-06-17 29 PAUL KRUGMAN - PAUL KRUGMAN By I A POISON pill, in corporate jargon, is a financial arrangement designed to protect current management by crippling the company if someone else takes over. As I read the non-parti-san Tax Policy Center's analysis of the presidential candidates' tax proposals,REUTERS - 818 words
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SINGAPORE STOCKS
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Article6883 2008-06-17 30 52-wks Tel |h Low Code Last Sale Vol ('000) Hi i Day Last Quote Div GrYld Net )h Low Buyer Seller C'vr P/E M Cap $mil Hi! Com[ >anj 5716 1st Software 22 6.5 3148 STelecom 28.5 8.5 5834 A-Sonic 110 100 6389 ABF SG Bond ETF 306,883 words
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Article63 2008-06-17 30 Hi< Low Code Coi Sale COOP) Hi< Low Bi Seller C'vr P/E > m II 200 116 6065 Diamonds US200 250 6200 6200 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170 SPDRS 398.3 288 6009 STI ETF US6200d63 words
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Article1867 2008-06-17 30 Low Code On Sale COOP] JiL Low By Seller C'vr P/E Sinil 30 11.5 1181 sAAGrp 41.5 15 5000 sABRHIdgs 31 18 8538 s APStrategic 16.5 2.5 1501 s Advanced System 38 19 3518 s Afor 70.5 12 1524 s Alantac 22.5 8.5 7814 s Albedo 11.5 2.51,867 words
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Article202 2008-06-17 30 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 offer202 words
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Advertisement51 2008-06-17 30 ROYAL OAK COLLECTION I'" g J^Mi^l^!^^1 WHERE EXTREMES MEET 7 Sole Distributor Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED .^t^^^fe""™^^^^™]!^: -'V '<^r v "--■■-11*™"^'' 341 River Valley Road #01-01 Singapore *****2 Tel: 6238 6678 Fax: 6238 6676 J&frZSs£&T- J||' T W-^Bs^^ iLfef 1% Internet: Http://www.audemarspiguet.com '*^^^-^-^^K I""~*^c ''^V" i V51 words
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FINANCE & COMMODITIES
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356 2008-06-17 31 %dy %yr dy yr dy yi Index Change Change Change Change Change Change Jun 13 World Index Preliminary 1023.9 0.8 -9.5 0.7 -12.1 0.7 -8.3 EAFE Preliminai 971.6 0.4 -13.3 0.2 -14.2 0.2 -10.! Euro[ Prelim inan 1319.8 0.4 -14.5 0.0 -15.7 0.0 -12.1 Pacific356 words
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Article132 2008-06-17 31 As at 9am Jun 16 Singapore dollars to one unit of foreign currency: Currencies Bid Offer Aust dollar 1.2860 1.3020 Can dollar 1.3310 1.3480 Euro 2.1090 2.1330 NZ dollar 1.0260 1.0490 iterlini 2.6710 2.7020 US dollar 1.3710 1.3870 Local dollars to 100 units of foreign currency:132 words
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Article174 2008-06-17 31 Jun 16 fer Bid Overnight 1/16 1-month 1 1/16 2-months 1 1/4 3-months 1 3/8 Overnight mode: 5/16 US$ Offer PAR 15/16 1 1/8 1 1/4 Bid 7 days 1 month 2 months 3 months 6 months I. 12 months $Au 2.30 2.70 2.85 3.05 3.30 3.65 3.85174 words
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Article22 2008-06-17 31 Jun 16 STI IIMSCI Jun 367.1 373.5 372.9 "aiwan Jun 314.5 317.2 314.4 Source: MF Global (S) He. Ltd22 words
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Article21 2008-06-17 31 Jun 16 Bid Offer 1-month 1.3742 1.3759 2-months 1.3725 1.3743 3-months 1.3711 1.3729 6-months 1.3671 1.3691 Source: OCBC21 words
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Article156 2008-06-17 31 Jun 16 Against SS Currencies Bid Offer Against US$ Bid Offer S$fUS$ to one unit of foreign currency: Australian dollar 1.2912 1.2931 0.9384 0.9387 Canadian dollar 1.3364 1.3387 0.9713 0.9718 Euro 2.1160 2.1186 1.5378 1.5380 NZ dollar 1.0314 1.0340 0.7496 0.7506 jterlini 2.6858 2.6893 1.9519 1.9523 US156 words
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Article344 2008-06-17 31 Jun 16 EURODOLLAR FUTURES JunO8 SepO8 DecO8 MarO9 97.187 96.680 96.325 96.125 0 0 0 0 8844 9458 ***** 6797 EUROYEN FUTURES JunO8 SepO8 99.090 99.090 DecO8 98.950 98.960 MarO9 98.785B JunO9 98.635 98.650B SepO9 98.545B DecO9 Mar10 99.080 98.945A 98.635 99.158 99.085 98.955 98.780 98.620 98.525344 words
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Article281 2008-06-17 31 Jun 16 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Jul 08 Aug 08 Sep 08 Oct/Dec 08 Jan/Mar 09 Apr/Jun 09 459.25 448.25 444.75 439.25 440.25 442.00 RSS 3 (US cents/kg) Month High Low Sett Volume (tonnes) Open281 words
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Article103 2008-06-17 31 Jun 13 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Jul 08 1560.00 1536.50 1570.00 1521.50 Aug 08 1559.75 1538.00 1570.00 1528.00 Sep 08 1540.00 1523.50 1545.00 1515.00 Nov08 1531.00 1512.50 1538.00 1494.00 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Jul OS 66.19 66.20 66.35 65.25103 words
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Article76 2008-06-17 31 CRUDE OIL PRODUCTS Jun 13 CRUDE (FOB origin) US$/barrel Close Cham Brent blend (1-Mth F) 135.25 2.04 WTI (Near Mth) 134.85 -2.21 Dubai (1-Mth F) 130.84 0.46 Tapis blend 143.4 0.7 Minas 139.7 1.05 PRODUCT US$/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 127.05 167.90 0.50 -0.6 US$/barrel Opec Oil76 words
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Article464 2008-06-17 31 Jun 16 Rm Euro HK! In Rs Ru Yen Won RM NZ! Pal Rs Peso Ram NT! Bal it Pouni us: lustralia 0.966 6.479 0.610 7.333 40.284 87.520 1.018 9.768 3.073 1.251 62.789 41.770 1.292 7.601 0.985 28.512 31.287 0.481 0.939 Canada 1.035 6.706 0.632 7.590 41.700464 words
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Article89 2008-06-17 31 Jun 16 Period Issue code Maturity Yesterday's Bid Day's High Low 3-Month BQ*****E 18.09.08 1-Year BY*****N 04.05.09 0.65 0.99 0.7 0.6 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N5O51OOF 2.625 5-Year N *****0V 1.625 7-Year NX*****F 3.625 10-Year NY*****A 4.000 15-Year89 words
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Article75 2008-06-17 31 Jun 16 (US$) (SS) 2.***** 1.***** 1 mth 2 mths 2.***** 1.***** 3 mths 2.***** 1.***** 6 mths 3.***** 1.***** 9 mths 3.***** 1.***** 12 mths 3.***** 2.***** SWAP Offer rates (S$) 1 mth 1.***** 2 mths 1.***** 3 mths 1.***** 9 mths 2.***** 12 mths 2.***** SWAP Mid75 words
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Article61 2008-06-17 31 Jun 16 Delivery Month Opening Sett Av Range Price Price Hi Vol Open Done Position Low Jul 08 3720 Aug 08 3720 Sep 08 3750 Oct 08 3730 Total o/p: ***** contracts 3700 3720 3695 3716 3732 3712 3727 3750 3720 3720 3741 3720 Turnover: ***** Market tone:61 words
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Article137 2008-06-17 31 Jun 16 (US! f/oz) Jun 13 Jun 16 Hong Kong London 868.80 unav 869.80 Jun 13 Jun 12 864.55 861.30 865.75 862.30 Source: Reuters CAST BAR (S$) Jun 16 Buying Sellini Kilobar "41,529.91" ***** PAMP GOLD BARS (S$) Selling Buying 1gm 5gm 10gm 20gm 50gm 100gm 1 oz137 words
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Article69 2008-06-17 31 Jun 13 Aluminium, 99.7% purity (US$/tonne) Close Previous Cash 2900.00 2904.20 3 months 2945.00 2950.00 Copper, Grade A (US$/tonne) Cash 3 months 8156.00 7980.00 7989.00 7840.00 Lead (US$/tonne) Cash 1759.00 3 months 1775.00 1816.00 1830.00 Nickel (US$/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (US$/tonne) Cash *****.0069 words
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Article78 2008-06-17 31 Jun 13 (£/tonne) Close Prev Hii ih/Low Jul 08 1609 1604 1629/1608 SepO8 1598 1589 1618/1590 Dec 08 1564 1554 1583/1560 Mar 09 1532 1526 1550/1532 COFFEE (US$/tonne) Close Pev High/Low Jul 08 2214 2217 2238/2201 SepO8 2207 2209 2220/2199 Nov08 2191 2194 2204/2187 Jan 09 2172 2176 2186/215778 words
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Article4662 2008-06-17 31 BONDS WARRANTS [el Zode Com| Last Sale Vol Conv Exer +or- ('OOP) Ratio Price Disc Gear- Mths ing Left >am 2058 Advance Modules GrpW*****3 6 2036 Advance SCT Ltd W*****9 3 ArianeCorp Ltd W*****9 0.5 9092 Asia Environment W*****4 16 4481 Asia Water Tech Ltd W*****0 18.5 3816 #Asiasons Capital4,662 words
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Advertisement2355 2008-06-17 32 The Business Times Shipping Times M W^m JH3Bym2^avWySFlj7Fnff^ m\\ WAN HAI INTERNATIONAL PTE LTD K^l B MilPfrTl PS H^g||^|Uyß WEmMssMIMM&B&mMMM \\X"Zi\\ IAIAM UAI I Ilkirr T1L*****58S (UUNES) FAX:*****163 A A.^ ■rSlll'i'wSTi BSRCaBBSKfIIJIjBJBJIfIM HSKRii^lMnißl I VNN 1 WAN HAI INES C^'-'ner Seivi.e B«.l<mg% Dit«l Line (1800) *****200 h^^^dAgl^aMgll gjllSKmgßiHjßßßßiglH \l_ llflll2,355 words
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Advertisement1684 2008-06-17 33 I HlH'V'^&Bß^^BJ IBjwwJ II f^^^^l BBB^F*^BJ^| B^^^B] I H l^fl fcMßßJß^^ni^BwMvß^^ffl^ffl^Mffffl \m "T" 1~) "T" £~1 T II Bf Im3|^B] BBB^? mM^JiM ttBI^fiBBJBB I I Mm Mi5BillbBBw1lpBB)BlBBIl3llBIJBMBBBBBBBBBBBBBBBBBWiW^ 11 n^- fl _L I\. _L o J_i InK^^^^^^^^^MW^^^^HN^^^fl^^^^M^^^^^im^^^lWl^^^^reß^^l THE SHORTEST TRANSIT TO PERSIAN GULF Visit our website at: http://www.irisl.net II I I1,684 words
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Advertisement3195 2008-06-17 34 ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number SIN Dest'n3,195 words
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PROPERTY
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Article, Illustration546 2008-06-17 35 ■AFP The weak US dollar has made the landmarks attractive to overseas buyers [NEW YORK] The iconic Chrysler and Flatiron skycrapers may soon join New York's GM Building as landmarks sold in part to Arab or European investors as the weak US dollar■AFP; BLOOMBERG FILE PHOTOS - 546 words
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281 2008-06-17 35 THE Ascott Group said yesterday that it opened four new serviced residence projects one each in Australia, Vietnam, Thailand and Qatar in the first two weeks of June. The properties are Somerset St Georges Terrace in Perth, Somerset Hoa Binh in Hanoi, Citadines Sukhumvit281 words
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Article, Illustration605 2008-06-17 37 KALPANA RASHIWALA - KALPANA RASHIWALA Fund to invest in Marina View project which will have 2 m sq ft of offices MGPA formerly known as Macquarie Global Property Advisors and one of the biggest real estate investors in Singapore last year has announced the final closing of605 words
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Article, Illustration725 2008-06-17 37 CHEAH UI- HOON - CHEAH UI-HOON But $165,000 bid way below top bid of $368,888 A SINGAPORE Land Authority tender for the former Ministry of Home Affairs complex off Tanglin Road has attracted 11 bids, one of which is a proposal for an "arts village". The so-called "creativeJOHN HENG - 725 words
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146 2008-06-17 37 Reuters [HONG KONG] Chinese property developer Glorious Property Holdings Ltd kicked off pre-marketing to raise about USSBOO million to USsl billion in a Hong Kong initial public offering (IPO) yesterday, according to a fund manager briefed by one of the underwriters. The company■ Reuters - 146 words
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Advertisement74 2008-06-17 35 For Sale By Tender HH Prime Hi-Tech Building At Woodlands 4-Storey GFA 228,000 sqft Land 142,000 sqft Tenure 30+30 yrs from 1997 High ceiling Corporate image Vacant possession Closing Date: Thursday, 3 July 2008~| www.savills.com.sg For Lease Office: 301 to 1582 sqft Shop: 506 sqft Next to Shaw House/ Isetan74 words
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Advertisement143 2008-06-17 35 I Rare Prime Prominent I Commercial Redevelopment Site I I Katong Mall Collective Sale I Site Area: 7261.1 sq.m/78,157 sq. ft (approx) I Plot Ratio: 3.6 I Building Height: 64 AMSL I 99 years leasehold I Suitable for landmark development with large and I double frontage along Joo Chiat Road143 words
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@ one-north
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Article, Illustration1111 2008-06-17 36 CLARISSA TAN - The 5,000-seat entertainment centre to come up at one-north will be a world-class venue for big performances, writes CLARISSA TAN FIVE thousand people yelling their heads off. Fists pumping the air. There will be a lot to shout about when Singapore gets anotherJOHN HENG; ARTHUR LEE - 1,111 words
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Advertisement48 2008-06-17 36 This series is brought to you in conjunction with JTC's 40th anniversary. -Lyears g^y Sw«M Corporo"on -Z/ >T Kjktr* g4>n.,ui>4£ rtt* VM+* 1 '"TO /^^ra, 1968-2008 Corporation JTC Corporation, The JTC Summit, 8 Jurong Town Hall Road, Singapore *****4. Tel: 1800-568 7000 Fax: (65) 6565 5301 Website: www.jtc.gov.sg48 words
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Advertisement605 2008-06-17 37 k*^^ W M Use less space with a highly efficient floor plate I Investment I Volvo Group Regional HQ and Logistics Hub I offering Singapore j^^^fc International Business Park, Singapore I Address 33 Joo Koon Circle, Singapore I IpPj*—Jra] HBt I Location Jurong Industrial Estate on the junction of It605 words
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Advertisement67 2008-06-17 37 BUNGALOW LAND FOR SALE Bishopsgate 17,0005f Fourth Aye 27,0005f Belmont 22,0005f Oriole Cres 10.OOOsf ClunyPark 16,0005f CamdenPark 35,0005f Cornwall Garden 22,0005f Nassim 17,0005f Dalveyßoad 15,5005f Holland 16,0005f LAND FOR REDEVELOPMENT Astrid Hill 23,0005f Yarwood 16,0005f BinTong 27,4115f Cable Road 36,0005f BtTunggal 17,0005f Chancery Lane 27,0005f Gallop Park 15,0005f ClunyPark 16,0005f67 words
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Advertisement120 2008-06-17 38 "II Redefining the Way We Live At NTT DOCOMO we never stop pushing forward. That's because for us the mobile has always been about a great deal more than just communication. In fact, we see it as the central tool for the modern digital lifestyle. As the world's leading mobile120 words
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