The Business Times, 25 August 2007

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Microfilm: NL27785
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    21 1 THE BUSINESS TIMES weekend SINGAPORE 85 cents A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 August 25-26,2007 online at http://business-times.asial .com.sg
    21 words
  • Article
    Lock icon Manufacturing output growth in July is fastest in 13 months
    610 1  -  MATTHEW PHAN 21.6% rise boosted by 78% surge in biomed sector By [SINGAPORE] Powered by a surge in bio medical production, Singapore's manufacturing output rose 21.6 per sent year on year in July the fastest growth since June last year.
    610 words
  • Article, Illustration
    Lock icon Furniture industry sitting pretty as demand booms
    852 1  -  OH BOON PING Value tops $lb last year as Singapore designers find niche abroad and growing demand at home By [SINGAPORE] Quietly, but with much polish, Singapore's furniture trade is bringing some serious money to the table. Last year, the furniture sector here
    852 words
  • Article
    Lock icon MAS again reminds banks to check sub-prime exposure
    306 1 Reuters Remark comes after DBS says exposure more than thought [SINGAPORE] Singapore's central bank yesterday reminded banks for the second time this month to take a close look at their books, after the city-state's biggest lender DBS admitted greater exposure to US
    – Reuters  -  306 words
  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • Miscellaneous
      Lock icon Page 1 Miscellaneous Column 1
      112 1 MOTORING SUB-PRIME CRISIS EJKMj EMPLOYMENT COMMENTARY Ir^M Sl^jj6. -m^^bbsi^^^' More driven Analysts lower US Rehiring older employees Annuities need more y 'g|g^ fc| /'JM than mos^ growth prospects tenable: labour chief than number crunchin M^HM^l ML PAGE 15 PAGE 14 PAGE9 PAGE2 *Good companies grow. Good 4 EgH^S companies are
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  • TOP STORIES
    • Article, Illustration
      Lock icon Global warning, ExxonMobil style
      1006 2  -  MATTHEW PHAN The greenhouse gamble Group's stance now is not to assume the worst will necessarily happen By [SINGAPORE] Public debate on climate change has focused on extreme scenarios as if they were certain, but there is actually a "tremendous range of possibilities" for global warming
      ; Photo: AP; Artwork: Jennifer Chua I  -  1,006 words
    • THREE-MINUTE DIGEST
      • Article
        Lock icon Guocoland profit soars 81% to $281m
        52 2 GUOCOLAND yesterday posted net earnings of $281.9 million, up 81 per cent from the preceding year. It attributed the increase partly to higher profits recognised from residential projects in Singapore and from the sale of apartments in West End Point in Beijing. COMPANY NEWS,
        52 words
      • Article
        Lock icon Schering-Plough mulls R&D site here
        56 2 US pharmaceutical giant Schering-Plough may consider setting up a facility here to do basic research, according to its Asia-Pacific president Rodney Unsworth. The group already sees Singapore as an ideal destination for manufacturing, manpower training, and R&D collaboration, having invested more than US$l billion in
        56 words
      • Article
        Lock icon Rehiring older employees tenable
        64 2 EARLY success by the National Trades Union Congress (NTUC) over the past 18 months is good reason to be confident that re-employment of older workers can work in a sustainable manner, said labour chief Lim Swee Say yesterday. In this period, 209 unionised companies have re-employed
        64 words
      • Article
        Lock icon Mixed reaction to sub-prime in China
        70 2 CHINA'S banks are just beginning to disclose figures on their exposure to the US sub-prime mortgage crisis and so far the reaction is mixed. Bank of China saw its Hong Kong stock price fall by as much as 8.1 per cent yesterday after it
        70 words
      • Article
        Lock icon Analysts reduce US growth outlook
        55 2 THE financial turmoil that began with the seemingly narrow meltdown in sub-prime mortgages is now forcing both policymakers and Wall Street analysts to scale back their expectations for growth in the overall economy. Many economists are warning that even their somewhat darker views could be
        55 words
    • MARKETS DIGEST
      • Article
        Lock icon PRIME RATES
        29 2 Bloomberg SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.75 INDONESIA 15.604 TAIWAN 5.956 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 8.25 CANADA 6.25 SWITZERLAND 4.38 INDIA 12.75 Source:
        Bloomberg  -  29 words
      • Article
        Lock icon MARKETS
        46 2 Friday 1,273.52 lange -10.10 1 COMP IIKKEI 225 16,248.97 -67.35 IANG SENG 22,921.89 -45.08 ;et index 790.72 -0.78 IAKARTA COMP 2,143.11 +25.45 IANILA COMP 3,206.94 -22.21 ;eoulcomp 1,791.33 -8.39 ;henzhenb 736.58 +10.93 IUMBAI IND 14,424.87 +260.89 11.30AM EDT Change 13,264.09 +28.21 IOW IASDAI 2,545.74 +4.04
        46 words
      • Article
        Lock icon FOREX
        39 2 IS$ (S$ per US$) 1.524 (us$/ss )er 2.002 3.052 ;URO(US$/SS/E) 1.357 2.069 'EN 116.10 76.20 3.489 2.289 IK$ 7.809 5.122 !AHT 34.38 22.55 lUPIAH 9,408 6,171 1ENMINBI 7.567 4.963 INDIAN RUPEE 41.12 26.97 1.218 0.799 IZ$ 1.401 0.919
        39 words
    • Article, Illustration
      Lock icon Annuities need more than number crunching
      1055 2  -  ARTHUR LEE SATURDAY SOAPBOX LAST year I visited a small-cap company at Woodlands to take some photographs for a feature. The chief executive was a warm friendly fellow. And after the work was done, he asked me to stay on for a cup of
      1,055 words
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  • Page 3 Advertisements
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      213 3 ■^^^^^Bii^^^^^^^^^^^^^^B^^b^^^^^ESw Hb^Lw-^^b^^b^^^bv^S B^L^^Jiw^f^ ev^l ct^^*. LflluSi^ *J^^ ■..-.--.v-"-' w^" ■-'■--:-:V 'j'>-■."} t. B^^ -^^bßt Picture taken on 7* floor of ICON I=l m M NEW BRIDGE RD Open House this Saturday Sunday, 25 &26 August, 10am-9pm l| n«-- Come on down to view ICON'S very own private resort with pool
      213 words
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  • THE RAFFLES CONVERSATION
    • Article, Illustration
      Lock icon Keeping it real, the Hurd way
      2001 4 Close attention to core fundamentals was key to HP's remarkable turnaround, chairman Mark Hurd tells KENNETH JAMES IT WAS the maiden visit of the head of the world's largest computer company; a golden opportunity to fly the company flag in a blaze of publicity,
      ARTHUR LEE  -  2,001 words
    • Article
      Lock icon Raffles Hotels & Resorts
      100 4 Raffles Hotels Resorts Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles Hotels Resorts. Ranked second among the world's top hotel brands in the 2006 Conde Nast Traveler Business Travel Awards, Raffles Hotels Resorts is a collection of luxury hotels that distinguishes itself through
      100 words
    • Article
      Lock icon A numbers kind of guy
      392 4  -  KENNETH JAMES By MARK Hurd in full flow is something to behold. Ask him about business strategy and the words stream out from some apparently inexhaustible source. But he's really in his element with data and sheer numbers. "I like numbers, they don't try to
      392 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Stocks muted after roller-coaster ride in the week
      593 5  -  CONRAD TAN STOCKS STOCKS were relatively nuted yesterday, after a -oiler-coaster ride earlier n the week. The Straits Times Index STI) ended the day just 1.46 points or 0.04 per cent ower at 3,369.45, after spending the entire session oelow Thursday's closing
      593 words
    • Article, Illustration
      Lock icon GuocoLand full-year profit up 81 %
      350 5  - GuocoLand full-year profit up 81 KALPANA RASHIWALA Revenue jumps 94% to $702.5 m; Q4 earnings more than triple to $194.7 m By QUEK Leng Chan's Singa-pore-listed GuocoLand yesterday posted fourth-quar-ter net profit of $194.7 million, more than triple the $53.7 million in the same year-ago period, boosting full-year net earnings
      350 words
    • Article
      Lock icon Reits a safe choice in roily market: Goldman
      467 5  -  ARTHUR SIM By SINGAPORE'S real estate investment trust (S-Reit) market could be just the place to park your funds while weathering the storm in the equity markets, says Goldman Sachs executive director (Asia-Pacific Investment Research) Leslie Yee. In a report on S-Reits,
      467 words
    • COMPANY BRIEFS
      • Article
        Lock icon Ultro proposes capital reduction exercise
        55 5 ULTRO Technologies is proposing a capital reduction exercise to reduce the company's issued and paid-up capital from US$32.B million to US$l3.9 miUion. The credit arising from the proposed capital reduction will be used to write off accumulated losses of $18.9 million as at June 30,
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      • Article
        Lock icon 5 STATS ChipPAC directors resign
        35 5 STATS ChipPAC has announced the resignation of five directors with effect from Aug 24: Lim Ming Seong, Steven H Hamblin, Richard J Agnich, Park Chong Sup and Robert W Conn.
        35 words
      • Article
        Lock icon Cyber Village in reverse takeover deal
        133 5 CYBER ViUage Holdings is proposing to acquire full control of Koyo Engineering (SE Asia) Pte Ltd in a reverse takeover deal that will give the vendors Heng Jee Moi and Foo Chek Heng a stake of about 69 per cent in Cyber. The consideration
        133 words
      • Article
        Lock icon OWWS begins voluntary winding-up
        33 5 CRAFT Print International said its substantial shareholder OWWS Limited has begun members' voluntary winding-up on June 28. OWWS has a direct interest of 23.75 per cent in Craft Print.
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      • Article
        Lock icon Tai Sin Electric Cables' earnings higher
        99 5 TAI Sin Electric Cables Manufacturer posted full-year net earnings of $20.8 million, up from $11.2 million the preceding year. Revenue jumped to $232.7 million for the year ended June 30, 2007, up from $183.4 million in the previous year. Revenue from the cable and
        99 words
      • Article
        Lock icon Aussino full-year net profit falls 22.4%
        141 5 AUSSINO Group has reported a 22.4 per cent drop in group net profit for the year ended June 30, 2007 to $8.5 million compared with the preceding year. Revenue dipped 4.8 per cent to $111.1 million, with good performances in Australia and Asia-Pacific helping
        141 words
  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      25 5 HP] SNIFF OUT GOOD DEALS AT AUCTIONS Check out information on auctions in CATS Notices in The Straits Times. as ats > I NOTICES I 3
      25 words
    • Advertisement
      Lock icon Page 5 Advertisements Column 2
      241 5 Expect great surprises at Visit our new k h^ k m 25.000 sq.ft. flagship I jRrN/l 1 C showroom at 601 Sims "%J■m k I V %J "ESSf 24th Anniversary Superstore) today! f Sale! m Enjoy our yyjrrTrtn $24* ■VvftjvAnMH Special Offers! Bjaß IcjjAa Terms and conditions apply. FQEE Tea
      241 words
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  • PERSONAL INVESTMENT
    • Article
      Lock icon BROKERS' TAKE
      981 6  -  CONRAD TAN Singapore banks strategy CITIGROUP RESEARCH, Aug 24 DBS, UOB top picks: While the recent sell-off brought rationality to valuations, the degree by which banks underperformed the market (5-10 per cent) has left them at more attractive levels. We are comfortable using target 2008 estimated price-earning ratios
      981 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      874 6 For week beginning Aug 20 SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS Substantial Buy No of Price SHAREHOLDING Trans Shareholder/ Sell Shares Per Before After Stock Date Director Conv '000 Shr ('000) ('000) Sino-Environment 24-Aug-07Sun Jiangrong Buy 1530 2.62 *****8 54.07 *****8 54.51 AnwellTech 24-Aug-07Fan Kai Leung «Buy 100 0.10
      874 words
    • Article, Illustration
      Lock icon Holding periods as a timing tool
      1368 6  -  TEH HOOI LING SHOW ME THE MONEY When they fall substantially, one is closer to the peak of the market than the trough THE number of days a stock is held by investors in Singapore last month hit its second lowest level in the
      1,368 words
    • Article, Illustration
      Lock icon Darco eyes bigger projects as it wins $8m contracts
      556 7  -  MATTHEW PHAN Latest deals include orders from Taiwan Power and Seagate, totalling $5.7 m by DARCO Water Technologies, which unveiled yesterday the securing of $8 million worth of projects, has set its sights on bigger jobs. Citing the "intensive growth in
      FILE PHOTO  -  556 words
    • Article, Illustration
      Lock icon Health Management Int'l profit up five-fold
      470 7  -  OH BOON PING By HEALTH Management International's (HMI) net profit for the full year ended June 30, 2007, rose more than five-fold to $7.2 million, from the previous year's $1.28 million. This despite its turnover rising just 7 per cent to $43.6 million. Earnings
      FILE PHOTO 5  -  470 words
    • Article
      Lock icon Swiber raises $108.5m from maiden S$ bond offering
      374 7 SWIBER Holdings, which provides services to the offshore oil and gas industry, yesterday said that it has completed its first Singa-pore-dollar bond offering, raising a total of $108.5 million in two tranches. The bond issue, in which Citicorp Investment Bank acted as
      374 words
    • Article, Illustration
      Lock icon Raffles Education profit jumps 53% to $49.3m
      258 7 RAFFLES Education Corporation's net profit rose 53 per cent to $49.3 million for the financial year ended June 2007. This came on the back of a 38 per cent jump in revenue to $124.1 million. Including minority interests, net profit rose 55.3 per
      258 words
    • Article
      Lock icon Mercator Lines' S'pore unit eyeing IPO?
      164 7 Reuters INDIAN shipping firm Mercator Lines Ltd's subsidiary in Singapore is looking to raise US$l5O million in an initial public offering (IPO) in the city-state, a source close to the deal said yesterday. The firm has mandated Merrill Lynch and Deutsche Bank as lead
      Reuters  -  164 words
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  • Page 7 Advertisements
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      Lock icon Page 7 Advertisements Column 1
      497 7 GLOBAL EDUPRENEUR PROGRAM tA Ootr i, EARN $10,000 MONTHLY without quitting your job. act PIIAIICG ID bolb" I 100% license fee MONEY BACK GUARANTEE* fOlll I**l v™u iiiqi in Special Benefits ET^pf^^ MMMoM"" Discover "SECRETS" to earn $10,000, $20,000, *nMlU)r lfrfg.jfr* M?-&gKS&''3&ysaKW 4* $30,000 monthly. r; s?^tfifiwH —«»l«.ffcMfflllfl PROVEN SURE
      497 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon US pharma giant mulls over R&D site here
      484 8  -  CHEN HUIFEN Schering-Plough has invested more than US$l b in its Spore operations By US pharmaceutical giant Schering-Plough may consider setting up a facility here to do basic research, according to its Asia-Pacific president Rodney Unsworth. The group already sees Singapore as
      KWONG KAI CHUNG/UANHE ZAOBAO  -  484 words
    • Article
      Lock icon M'sia, S'pore to jointly tackle climate change
      411 8 Bernama [PUTRAJAYA] Malaysia and Singapore have agreed to share information and find ways to mitigate climate change, an issue both nations regard as important, at regional and international forums. For a start, the two countries agreed to focus on energy efficiency and joint
      – Bernama  -  411 words
    • Article
      Lock icon UNIT TRUSTS & FUNDS
      7704 8 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** LOSS/ Star Europe Bond 1.189/ Star Europe Bal 1.231/ Star Asian Tiger Eqty 1.512/ Star Asia Bond 1.283/ Star Asia Balanced 1.094/ Star Global Technology Fund!" 0.234/ MultiStFd 1.003/ Star Asia Bond(USD) 0.842/ Gib Multi St USD 1.19/ Asia
      7,704 words
    • Article
      Lock icon Rehiring older employees tenable: labour chief
      502 9  -  NANDE KHIN NTUC has helped them to negotiate re-employment terms with 209 firms By THE National Trades Union Congress' (NTUC) early success over the past 18 months is good reason to be confident that re-employ-ment of older workers can work in a sustainable manner
      502 words
    • Article
      Lock icon Firms keen on re-employing ageing workers
      530 9  -  NISHA RAMCHANDANI Japan seen as an example for Singapore to follow By I IuMPANIES have reacted quite positively to the Prime Minister's National Day Rally call to offer re-employ-ment to workers who reach the retirement age of 62, according to the Singapore National Employers
      530 words
    • SINGAPORE ROUNDUP
      • Article
        Lock icon URA awards Kaki Bukit site to Eastpoint
        78 9 THE Urban Redevelopment Authority ;URA) yesterday awarded a 30-year leasehold industrial site at Kaki Bukit Road 3 to Eastpoint Development, which on Thursday submitted the [lighest bid in a tender. Eastpoint's bid of $5.7 million works out to $72 per square foot of
        78 words
    • Article
      Lock icon Over 3,000 needy families benefit from HDB grant
      367 9  -  ARTHUR SIM By THE Housing and Development Board (HDB) said that 3,300 lower income families have received the Additional CPF Housing Grant (AHG) between the scheme's start in March 2006 and last month. The total disbursed is $40 million. The HDB said
      367 words
    • Article, Illustration
      Lock icon Treasures from the deep
      529 9 BTBWi A BT-FRASERS CENTREPOINT MALLS JOINT PROMOTION MOVE over, diamonds. Pearls are fast becoming a girl's best friend. Real pearls of high quality are very rare jewels and factors such as size, shape, lustre, hue, and surface are considered for valuation. The fewer marks or blemishes
      529 words
  • Page 8 Advertisements
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      Lock icon Page 8 Advertisements Column 1
      31 8 Allianz Global Investors one of the world's largest asset managers with more Allianz (jji) than US$l.2 trillion assets under management as at 31 December 2006. Global lnvestors company regn. no *****7169Z
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      87 9 Art Inspiration of Emerging Indian Artists A selection of fine Indian paintings by emerging Indian artists gives art lovers an opportunity to view and purchase from talented artists across India. The exhibition provides an inspiring glimpse of contemporary Indian art. Date: 25,26 J^^tafc. ?^Ti 27 August Time: 11.30am-7pm I Show
      87 words
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      Lock icon Page 9 Advertisements Column 2
      130 9 I SEPTEMBER 03 t Sfi^Hl I h I Been There^^^^ Done That y 4 DREAM I ■y./^iI '«■■■-n.-,ji-"-v-rLjj^.i"ini 12 ways to a rune Entertain Yourself i^^, U*U«> I llff M M m X HEAD All I M H 1 ABOUT 'EM I S <^H I SEX MYTHS j^^ and weep-
      130 words
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  • MALAYSIA
    • Article
      Lock icon Mid-East funds set to pump billions of dollars into IDR
      501 10 Announcements expected over next two to three weeks: report [PETALING JAVA] Middle East investors are set to make their biggest investments in Malaysia so far in the Iskandar Development Region (IDR), The Starßiz reported, citing industry sources. It quoted the
      501 words
    • Article
      Lock icon Bumiputra Q2 net doubles to RM660m
      227 10 Reuters [KUALA LUMPUR] Malaysia's second-biggest financial group, Bumiputra-Com-merce Holdings, reported a doubling of quarterly net profit yesterday and reassured an anxious stock market by boosting its dividend payout. Bumiputra-Commerce, whose CIMB Bank houses the country's leading investment bank, said sec-ond-quarter net profit totalled RM66O
      – Reuters  -  227 words
    • Article
      Lock icon EPF H1 profit jumps 39% on stock gains
      297 10 Bloomberg [KUALA LUMPUR] Malaysia's Employees Provident Fund (EPF), the nation's biggest pension fund, said first-half income rose 39 per cent, led by gains in stocks and money-market investments. Income from investments climbed to RM9.84 billion (554.3 biUion) in the six months ended
      Bloomberg  -  297 words
    • Article
      Lock icon SGX MAINBOARD
      8344 10 »-wks Tel Low Code Last Sale Vol ('000) Hii lay L Low Bu; .ast Quote yer Seller Div C'vr Net P/E I Cap $mil Hij Com[ i an; 3.5 2 5716 1st Software 22 6 3148 STelecom 34 17.5 5834 A-Sonic 103 98 6389 ABF SG Bond ETF
      8,344 words
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  • INDONESIA
    • Article
      Lock icon Mitsubishi takes indirect Medco Energi stake
      595 11  -  LAUREL TEO It's paying USs3s2m for 39.4% of Medco's parent; equivalent to a 26% premium over Medco's share price By in Jakarta JAPANESE corporate giant Mitsubishi Corp has purchased about 19.97 per cent of Indonesia's largest listed oil and gas player, PT Medco Energi
      595 words
    • SGX
      • Article
        Lock icon MOST ACTIVE STOCKS
        57 11 en Int R 117,820,000 "hai Bevera 105,757,000 en Intl 38,786,000 iniTel 26,995,000 lobal Ariel 24,954,000 'Life REIT 23,966,000 .ottVis 23,478,000 iculus 22,825,000 iBS MBL eCW*****6 22,664,000 OB MBLeCW*****3 22,376,000 iBS Gri 226,748,979 OB 124,401,708 litaLand 105,198,450 iniTel 96,824,820 ICBC Bk 82,885,620 :osco Con 67,824,160 ;gx 48,215,300 I
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      • Article
        Lock icon RISES
        97 11 CLOSE UP loscoCori MEReCW***** 195 105.0 116.7 MH 2450 45.7 1.2 IoscoCon iBNPeCW***** 87.5 26.5 43.4 Asia 10US$ 460 21.3 3.1 ICBCCa ,93%Pref10 ***** 20.0 0.2 ISH 1370 15.2 0.7 Ion Fok 142 15.0 11.8 ;C Global 535 15.0 2.9 OIL 211 12.2 3.9 ;hani riLa Asia 1800 11.7
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      • Article
        Lock icon FALLS
        98 11 Closing prices are in trading currencies, but absolute difference is in Ss. CLOSE DOWN LD 10US$ 6520 61.0 0.6 ■BSGn 2030 30.0 1.5 :CCCRB eCW*****5 241 25.0 9.4 lardine C&C 1480 20.0 1.3 iGX 945 20.0 2.1 ire Land 950 20.0 2.1 OL 476 18.0 3.6 iGXDBSePW*****8 24 17.0
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      • Article
        Lock icon SECURITIES TRADING SCOREBOARD
        96 11 Clob Up Down Unch 4 8 7 Up Down Unch OOP Up Down Unch 4 8 7 Multi Ind Manufacturim 48 92 55 12 16 21 60 108 76 Commerce 19 22 29 26 31 32 )t/Stor/Comms 15 14 12 15 16 12 Finance 12 10 13
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      • Article
        Lock icon SECURITIES TRADING TURNOVER
        120 11 MAIN SDQ TOTAL MAIN SDQ TOTAL Multi Ind 27,851 27,851 79,130 79,130 Manufacturing 290,249 94,532 384,781 227,627 18,233 245,860 Commerce 82,639 6,048 88,687 94,438 1,568 96,006 )t/Stor/Comms 89,522 2,273 91,795 257,721 2,287 260,008 Finance 42,800 30 42,830 495,772 495,779 Construction 53,802 18,519 72,321 26,020 5,992 32,012 Proj
        120 words
      • Article
        Lock icon STRAITS TIMES INDEX STOCKS
        210 11 Allgreen 0.51 1.670 -0.040 Ascendasreit 0.88 2.390 -0.080 CapitaComm 0.54 2.600 +0.040 Capita Land 4.86 7.350 +0.100 Capita Mall 0.90 3.360 -0.140 Chart SemiCond 0.59 1.090 -0.010 CityDev 2.92 15.000 +0.100 ComfortDelGro 1.39 1.950 -0.100 Cosco Corp 1.68 5.000 +0.060 Creative Tech 0.15 6.000 +0.100 DBSGrp
        210 words
      • Article
        Lock icon BONDS & WARRANTS
        2606 11 BONDS WARRANTS Fel lode Coi Last Sale +orVol Conv Exer C000) Ratio Price Prem Expiry Disc Gear- Mths ing Left S779 ASL Marine Hldgs W*****1 93 1631 Ace Dynamics W*****7 24.5 Advance SCT Ltd W*****9 28 1674 Allgreen RB ECW*****0 4 >853 AusGrpMBI_eCW*****0 12 >878 Aztech Systems W*****6 16.5 >281
        2,606 words
      • Article
        Lock icon SGX SESDAQ
        2373 11 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net or Tax-exempted dividend; ct Conditional Trdg; xd ex-dividend cd cum dividend; cri cum right issue cbi cum bonus issue; xri ex-right issue; xbi ex-bonus issue xall ex-all; cdxa cum dividend ex-all co cum offer cdca cum dividend cum all
        2,373 words
      • Article
        Lock icon SGX XTRAMET
        80 11 «Vk Tel Low Code Last Sale Vol COOQ) lay Low By .ast yer Juote Div Seller C'vr Net P/E reap Hi! Comi >an' Hii ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P5OO ***** ***** 6170
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      • Article
        Lock icon CLOB INTERNATIONAL
        78 11 52-Wk Tel High Low Code Last Sale Vol COOP) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E Sinil Comi 'an: Hii 141 105 6000 AVJennings 21.5 3 6134 Over&Gen 64 15.9 6017 StarCruises 320 169 6019 TanChonglnt A126cd +2 A16 US39 -1 HK225
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  • GREATER CHINA
    • Article
      Lock icon Reaction to banks' sub-prime exposure mixed
      702 12 AP China's markets have shrugged off worries over the US credit crisis [SHANGHAI] China's banks are just beginning to disclose figures on their exposure to the US sub-prime mortgage crisis and so far the reaction is mixed. Bank of China saw its Hong Kong
      AP  -  702 words
    • Article
      Lock icon Made-in-China MG cars to go on sale next month
      187 12 Reuters [SHANGHAI] Iconic MG brand cars will go on sale in China next month, priced between about U5523,000 and US$4O,OOO, as its new Chinese owner moves to revive the failed British brand. Nanjing Automobile (Group), which took control of the major
      – Reuters  -  187 words
    • Article
      Lock icon PetroChina aims to double foreign business
      561 12 Reuters [HONG KONG] Petro China Co Ltd, the world's No 2 oil and gas producer, wants its foreign operations to account for 10 per cent of its business by 2010, up from 5-6 per cent now, a company official told Reuters yesterday. Confirming remarks
      – Reuters  -  561 words
    • Article
      Lock icon Fortis' China fund JV gets greenlight to invest abroad
      357 12 Reuters [SHANGHAI] Fortis' China fund management joint venture said yesterday it had won Beijing's approval to help clients invest abroad under China's Qualified Domestic Institutional Inves- tor (QDII) scheme. Fortis Haitong Investment Management Co still needs to apply to China's foreign
      – Reuters  -  357 words
    • Article, Illustration
      Lock icon Beijing declares 'war' on shoddy products
      536 12 Reuters [BEIJING] China has launched a four-month "war" on tainted food, drugs and exports, state media reported yesterday, as beleaguered officials embraced time-tested campaign tactics to clean up the country's battered image. Chinese Vice-Premier Wu Vi told officials the campaign, to run to the
      Reuters; REUTERS  -  536 words
    • Article
      Lock icon BURSA MALAYSIA
      2390 12 VOL C000) mg24 RM \&M Realty 3.43 \bricBhd 0.29 \dvance Synergy 0.37 Vjventa Bhd 1.46 \eMulti Hldgs 0.28 \ffin Holdings 2.56 \hmad Zaki Resou 4.14 SjcCorp 0.56 \irasia Bhd 1.84 \kn Messaging Te 0.23 \kn Technology 0.84 \luminium Co 1.28 \malgamated Ind 0.53 \minvestment Grp 3.58 Vnmb Hldgs
      2,390 words
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      334 12 IN THE MATTER OF IN THE MATTER OF THE COMPANIES ACT, CAP.SO THE COMPANIES ACT, CAP. 50 AND AND IN THE MATTER OF IN THE MATTER OF (INmImbE^VO^NTARY TELEPOINTDISTRIBUTION WINDING UP] i-ic liv Company Registration No. *****2454R (In Creditors' Voluntary Liquidation) NOTICE OF FINAL MEETING Reg. No. *****5025 D Notice
      334 words
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  • INDIA
    • Article
      Lock icon Stanchart takes 49% stake in broking firm UTI
      208 13 Reuters [MUMBAI] Asia-focused bank Standard Chartered said on Thursday that it had acquired a 49 per cent stake in Indian broker UTI Securities Ltd for about US$36 million in cash. Under the agreement with Securities Trading Corporation of India Ltd, Standard Chartered
      Reuters  -  208 words
    • Article
      Lock icon India gains from global credit squeeze
      642 13 Reuters Fund repatriation has reduced surplus cash in banking system, taken the rupee down [MUMBAI] The fears of a credit squeeze that have roiled markets around the globe have delivered an unexpected benefit for India's central bank easing some of its policy headaches caused
      – Reuters  -  642 words
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      Lock icon India sales gains outpace China: BHP
      658 13 Bloomberg It says India needs more coal, nickel to meet rising demand [MELBOURNE] BHP Billiton Ltd, the world's biggest mining company, said growth in sales to India is outpacing gains in China as the southern Asian nation requires more coal and nickel to meet
      Bloomberg; REUTERS  -  658 words
  • Page 13 Advertisements
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      125 13 I jf \ovi hairing advertistmtnts on top oftkt breaking ntws.' "Nor *n«. just want I ffic /flttsr ntws update m r-m I Breaking News I Mffl K^^M f^H *W^M^ I HK, Taiwan, Spore top in AlI A Asian living standards -BTO[Bmin(s)ago] I fr a d thno?p 9edii nrian nU P
      125 words
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  • ASIA-PACIFIC/WORLD
    • Article, Illustration
      Lock icon Analysts reduce US growth outlook
      667 14 -NYT Global Insight warns of slower Q3, trims 2007 forecast to 1.9% from 2.1% [WASHINGTON] The financial turmoil that began with the seemingly narrow meltdown in sub-prime mortgages is now forcing both policymakers and Wall Street analysts to scale back their expectations for growth in
      -NYT; REUTERS  -  667 words
    • Article
      Lock icon Japanese rack up profits from shorting yen
      481 14  -  ANTHONY ROWLEY 3y n Tokyo A TOKYO housewife was fined 34 million yen (*****,400) yesterday for failing to declare to tax authorities 400 million yen of profits she made by dealing short-term in foreign exchange markets during Japan's "carry trade" bubble. The bubble
      481 words
    • Article
      Lock icon Incomes in plush London area reach high
      209 14 -AFP [LONDON] The average annual income for households in Britain's wealthiest area has topped £100,000 (*****,196) for the first time, figures published yesterday showed. The Royal Borough of Kensington and Chelsea, west London, is a favourite spot for financiers from the City of
      -AFP  -  209 words
    • Article
      Lock icon Home sales, factory orders rise in July
      372 14 -AP LATEST US DATA [WASHINGTON] Sales of new homes perked up, while factory orders took off in July, raising hopes that the economy can safely weather financial turmoil that has shaken Wall Street. The Commerce Department reported yesterday that new-home sales rose 2.8
      -AP  -  372 words
    • Article, Illustration
      Lock icon Asean agrees to boost logistics integration
      370 14  -  AL LABITA By in Manila ASEAN economic ministers yesterday agreed to ease up restrictions in logistics services to help trade between members states, which is intended to become a single economic bloc by 2015. The move is spelled out in a logistics services protocol
      370 words
    • Article
      Lock icon Murdoch asks WSJ reporters to stay
      571 14 LAT-WP Move taken as sign of his hands-on approach [LOS ANGELES] In the past two weeks, the chairman of News Corp has called at least three reporters who were considering leaving the top financial publication The Wall Street Journal and asked them to stay,
      LAT-WP  -  571 words
  • Page 14 Advertisements
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      149 14 To toll free 1800-28?8822 Email fecruit@sph.com.sg EXECUTIVE I TRADE FINANCE An Oil Trading Company is seeking a high calibre and dedicated professional to join its busy and expanding trade finance operations. Diploma Degree in Banking Finance Business or it equivalent Minimum 2-3 years of relevant working experience in bank's energy
      149 words
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  • MOTORING
    • Article, Illustration
      Lock icon More driven than most
      885 15 The head of Audi Asia Pacific tells SAMUEL EE about his deep passion for cars EINHOLD Carl tells you that the W first word he uttered when he was a child was not mama or papa but "auto", which is German for "car". The managing director
      885 words
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      Lock icon Just a little nip, no tuck
      541 15 Two sedans and their estate variants have undergone cosmetic changes to make them more appealing in mid-life. SAMUEL EE checks out the face-lifted Volvo S4O and Chevrolet Optra Magnum THE wrinkles on its cheek have been Botoxed, the eyes have been freshened up and
      541 words
    • Article, Illustration
      Lock icon Hello sleek and classy look, goodbye blank stare of guppy
      477 15 BEAUTY may be considered skin deep but there is certainly something to be said for the merits of cosmetic surgery. For cars, at least. From what could only be described previously as the blank stare of an open-mouthed guppy, the
      477 words
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  • GOLF
    • Article, Illustration
      Lock icon Asian Tour steps it up
      886 16 It gets busy with a target of at least 30 tournaments in 2008, additional sponsorship dollars and a new island home, writes JUSTINE MOSS THIS year has witnessed a continued expansion of sorts for professional golf's Asian Tour (AT). In the tour's inaugural year in
      AFP I  -  886 words
    • Article
      Lock icon No impact from Asean Golf Tour
      346 16  -  JUSTINE MOSS By THE Asian Tour (AT) will not be affected by the newly launched Asean Golf Tour (AGT), said AT executive chairman Kyi Hla Han. He noted that although the AGT is also a professional golf tour in this part of the world,
      346 words
  • Page 16 Advertisements
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      679 16 wine&dine with weekendßT Ah Hoi's Kitchen Lok's dainty Walnut Mooncakes or Traditional Lotus Plaza Market Cafe Oscar's Poolside, (above Tanglin Mall), Traders Hotel Level 2, Raffles The Plaza, Conrad Centennial Singapore, Tel: *****373. r Tel: 6431 6156 2 Temasek Boulevard, Tel: 6432 7481 Kinara Authentic Indian Cuisine Hot deals with
      679 words
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  • WELLNESS
    • Article, Illustration
      Lock icon Give a stone massage to your hair and scalp
      564 17  -  MELISSA LWEE By WHEN it comes to hair products, there is little doubt that Kerastase is up there with the best of them. Having already firmly established themselves as a leader in the hair products industry, the French hair specialist brand
      564 words
    • Article, Illustration
      Lock icon Relief for male menopause
      840 17 Launched in Singapore last week, Nebido is a long-acting testosterone replacement therapy for those suffering from testosterone deficiency, writes MELISSA HENG MEN do get it, after all. Menopause, that is. By the time a man hits 40, he starts to experience a phenomenon similar to the
      840 words
    • Article
      Lock icon New vaccines specially for young ones
      736 17  -  MELISSA HENG By SINGAPORE has given the green light for several new vaccines specifically designed for children. Among these are vaccines for two potentially devastating conditions gastroenteritis and pneumonia. "Vaccines are the most effective and most potent of public health measures. Thousands of children
      736 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Lock icon Page 17 Miscellaneous Column 1
      307 17 CRYPTIC CROSSWORD ACROSS 4 Send away for being a com- __^J__^J__^—^J——^J——^J— plete failure (5,3) 10 Sense there's agreement among a number (8) HH HB BB^ Ml IB H 12 It's unusual to return right __BB MM^JHI HI H^^^JH WM 13 Silly mistake artfully hidden HH BH^ HH 14 Kind of
      307 words
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  • SHOPPING
    • Article, Illustration
      Lock icon all dressed up 'n' going places
      986 18 Spore label alldressedup's global expansion from Australia to the US and Middle East tells its success story, writes CHEAH UI-HOON IN the early days when alldressedup first made its debut in Singapore and got lots of media coverage, articles about the label were often
      986 words
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      Lock icon Restaurant's showroom whets your appetite for home decor
      589 18  -  CORINNE KERK By WHETHER or not you succeed in getting a reservation at hot new dining spot, Au Petit Salut in the Dempsey area, you should really make a trip up the French restaurant's stairs to the third floor of the building.
      589 words
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  • PERSONAL SPACE
    • Article, Illustration
      Lock icon nside a movie mogul's home
      1098 19 Scorpio East Holdings CEO and founder John Ho wanted a sanctuary to relax in and it looks like he's achieved it, writes GEOFFREY EU JUST about the first thing a visitor to John Ho's home sees on entering is an antique statue of Guan Yin,
      ARTHUR LEE  -  1,098 words
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  • The Business Times I I | X^^ I I
    • Article, Illustration
      Lock icon Dining on demand
      923 20  -  CHEAH UI-HOON Hidden Host ups ante in local catering business By CATERING standards have improved in the last few years, but when an events management company decides to hire a private chef specifically for their new catering arm, you know that party dining is now in another
      923 words
    • Article, Illustration
      Lock icon Gourmet meals by brand-name chefs in the comfort of your home
      935 20  -  GEOFFREY EU nc By Tl HE president of the company is coming to town from the head office in Milan, and he'd like nothing more adventurous than a home-cooked Italian meal so that he can, well, feel right at
      Appetite and Raymond ToH  -  935 words
  • Page 20 Miscellaneous