The Business Times, 5 September 2007

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Total Pages: 30
1 30 The Business Times
  • 22 1 THE BUSINESS TIMES Singapore 85 cents online at http://business-times.asial .com.sg •V A SINGAPORE PRESS HOLDINGS PUBLICATION MICA (P) 202/12/2006 Wednesday, September 5,2007
    22 words
  • 774 1  -  RONNIE LIM Power Gas to operate facility; RFP launched for sole importer to service energy needs [SINGAPORE] The Republic yesterday unveiled major moves that will not just diversify its energy supply sources but also give it a foothold in a lucrative global business.
    774 words
  • 502 1  -  YEN SREENIVASAN [SINGAPORE] An Australian has snapped up his personal slice of aviation history by paying more than US$lOO,OOO for a pair of tickets on Singapore Airline's inaugural Airbus 380 flight from Singapore to Sydney on Oct 25. Julian Hayward picked up the two
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  • MARKETS DIGEST
    • 29 1 SINGAPORE 5.33 MALAYSIA 6.74 HONG KONG 7.75 INDONESIA 15.293 TAIWAN 5.956 JAPAN 1.875 KOREA 9.33 BRITAIN 5.75 US 8.25 CANADA 6.25 SWITZERLAND 4.19 INDIA 12.75 Source: Bloomberg
      Bloomberg  -  29 words
    • 48 1 Tuesday Change 1,283.75 -0.39 KL COMP NIKKEI 225 16,420.47 -104.46 HANG SENG 23,886.07 -18.02 SET INDEX 810.86 -9.33 JAKARTA COMP 2,215.12 +1.54 MANILA COMP 3,312.30 -56.84 SEOUL COMP 1,874.74 -7.07 SHENZHENB 744.67 -6.18 MUMBAI IND 1 5,465.40 +43.35 11.45AM EDT Change 13,391.88 +34.14 DOW NASDAQ 2,623.61 +27.25
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    • 43 1 us$ S$ US$ (S$ per US$) 1.525 (US$/S$ per 2.017 3.076 EURO(US$/S$/E) 1.361 2.075 YEN 115.50 75.70 RM 3.509 2.300 HK$ 7.796 5.111 BAHT 34.31 22.49 RUPIAH 9,395 6,159 RENMINBI 7.549 4.949 INDIAN RUPEE 40.94 26.84 A$ 1.213 0.796 NZ$ 1.429 0.937
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  • Page 1 Advertisements
  • Page 1 Miscellaneous
    • 57 1 MOTORING ril ART AUCTION HOUSING Rolls-Royce gets 6 orders 4*23 Sellers offered LOANS Wm for $1-8 m convertible price guarantees Banks more T^!?! PAGE 28 HAI PAGE 17 Cautious PAGE 2 J\*\-M WW I /A l lufl >^Ji Lee Kuan Yew k^ School Public Policy National University of Singapore Li
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  • TOP STORIES
    • THREE-MINUTE DIGEST
      • 93 2 REAL manufacturing wages have risen faster in Singapore in recent years than workers' pay in most other countries, a new report from the International Labour Organisation shows. While manufacturing wage growth in the 10 years to 2005 has been fairly subdued
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      • 38 2 FULLERTON Fund Management, a unit of Temasek Holdings, is preparing a new hedge fund as investors remain keen on alternative investments, its chief executive Gerard Lee said yesterday. COMPANY NEWS, PAGE 6
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      • 43 2 SHANGRI-LA Asia yesterday reported a near-doubling in first-half net profit to US$159.7 million from US$82 million. The results were helped by improved operating performance, fair-value and disposal gains, and better contributions from associates. COMPANY NEWS, PAGE 9
        43 words
      • 43 2 OLDER people in Singapore and the Asia-Pacific region are expected to increase their spending on luxury items by 2.7 times to US$BOO million by 2016, says MasterCard's latest Worldwide Insights Report. SINGAPORE NEWS, PAGE 10
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      • 69 2 A PLAN by US President George W Bush and Australian Prime Minister John Howard to sign a climate-change agreement at an Asia-Pacific summit may put the leaders at odds with developing nations, who only want to discuss trade. The Asia-Pacific Economic Cooperation
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      • 71 2 THE share price of disgraced airfreight operator Transmile Group jumped 10 per cent yesterday on news that its controlling shareholder, the Kuok family, had affirmed continuing commitment to the company by buying a "symbolic" 800,000 shares. The stock market interest came a day
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      • 68 2 THERE are already six orders for the yet-to-be-launched $1.8 million Rolls-Royce Phantom Drophead Coupe, and the Singapore distributor expects some more before the year is out. The large, ultra-luxury convertible is based on the Phantom limousine and has the same massive 6.75-litre
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    • 555 2  -  CHUANG PECK MING Data show job outlook brightest in India, Singapore, Japan and Australia By [SINGAPORE] Led by the financial and real estate sectors, hiring is likely to stay vigorous but the momentum will ease further in the final
      555 words
    • 997 2  -  SIOW LI SEN By [SINGAPORE] Banks are tightening up on the way they lend money for buying homes while the property market is coming off the boil, housing agents report. With the world's financial markets in turmoil, following a crisis in US mortgage lending
      997 words
    • 531 4  -  ANNA TEO But ILO data show Singapore's labour productivity still lags Hong Kong, US [SINGAPORE] Real manufacturing wages have risen faster in Singapore in recent years than workers' pay in most other countries, a new report from the International Labour Organisation (ILO) showed. While
      Photo: Reuters  -  531 words
    • 306 4 [SINGAPORE] The US sub- prime crisis seems to have reared its head on the local manufacturing front, with a dip in a leading indicator attributed to a reaction to the mortgage woes. Singapore's purchasing managers' index (PMI) dropped 1.6 points to
      306 words
    • 533 4  -  RONNIE LIM Industry players give thumbs-up to new energy initiative [SINGAPORE] Power Gas, chosen to be the majority owner and operator of Singapore's LNG (liquefied natural gas) terminal, says it expects to begin construction proper in 2009, and get the facility operational by early
      533 words
  • Page 2 Advertisements
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      143 words
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    • 19 2 Place your AGM and EGM I notices in our newspapers. Call 1800 289 8822 or email I noticesd>sph.com.sg. I
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  • COMPANY NEWS
    • 435 6 Reuters Investors pump USs3oom into Fullerton Fund Mgt over past 3 months [SINGAPORE] Fullerton Fund Management, a unit of Temasek Holdings, is preparing a new hedge fund as investors remain keen on alternative investments, its chief executive Gerard Lee said yesterday. Mr Lee also
      – Reuters  -  435 words
    • 214 6 PALM oil company Wilmar International said yesterday a court in West Kalimantan on Borneo island has acquitted two of its officers on charges of burning forest to clear land for estates. Wilmar said that in a written judgment, Singkawang District Court found that
      214 words
    • 794 6  -  R SIVANITHY ONE of the things which would have struck stock market investors over the past six weeks is just how much risks have increased in a relatively short space of time. After a heady period stretching back more than three years, in
      794 words
    • 473 7  -  LYNETTE KHOO It will be group's sixth straight year of record earnings By ASL Marine expects a sixth straight year of record earnings in fiscal 2008, thanks to strong shipbuilding orders and higher charter rates. "It should be a record year," managing
      473 words
    • 345 7  -  CHOW PENN NEE MACARTHURCOOK Industrial Reit (MI-Reit) said independent revaluations of six of its properties have resulted in the total value of its initial portfolio of 12 properties standing now at $346.8 million, a rise of $30.6 million or 9.7 per cent.
      345 words
    • 145 7 MANDARIN Oriental International, the hotel arm of Jardine Matheson Holdings, said yesterday it has arranged a US$45O million loan to refinance borrowings and provide working capital. Chief financial officer John Witt said the seven-year, HK$3.5 billion equivalent syndicated loan facility with 19 international banks is "competitively
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    • 450 9 Hotel ops, property investments seen continuing strongly for rest of the year By OH BOON PING SHANGRI-LA Asia yesterday reported a near-dou-bling in first-half net profit to U*****.7 million from US$B2 million. The results were helped by improved operating performance, fair-value and disposal gains,
      450 words
    • COMPANY BRIEFS
      • 27 9 CREATIVE Technology has completed its voluntary delisting from Nasdaq, it said yesterday. Its sole stock exchange listing is now on the Singapore Exchange.
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      • 47 9 SWIBER Holdings said that two of its units have signed letters of intent to sell and lease back four vessels and a barge with RS Platou Finans Shipping. The transactions are subject to approval by Swiber's shareholders at a later date.
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      • 51 9 CHINA Angel Food has set up a new subsidiary in Shenzhen with a registered capital of 5 million yuan to manufacture and sell bread, cakes, biscuits and pastries as part of the company's plans to expand its market presence and distribution channels in
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      • 33 9 SUNSHINE Holdings' financial controller Stephen Yeo Soon Hock has resigned with effect from Aug 31. Finance director Zhao Zhanmei will continue to oversee the company's finance and accounting function.
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      • 30 9 GLOBAL Voice Group said it has expanded its existing agreement with the Amsterdam Internet Exchange (AMS-IX) to provide new services and facilities to the exchange.
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      • 45 9 TELECHOICE International and Hong Kong partner Fortune Telecom have completed their investments in their 40-60 joint venture company Tele Fortune (China) Investments. Tele Choice said it paid HK$5O million (Ss9.B miUion) for its 40 per cent stake in Tele Fortune.
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    • 450 9 The fuel-system conversion centre is expected to be ready by the end of 2007 RECYCLING firm Asian Micro Holdings is setting up its first centre in Singapore to convert vehicles running on petrol or diesel into those using natural gas. Managing director
      450 words
    • 259 9 Its creative response to high-rise housing in tropics cited UOL Group's 1 Moulmein Rise has won the prestigious Aga Khan Award for Architecture. Designed by local firm WOHA, 1 Moulmein Rise was recognised as a creative response to high-rise housing in the tropics.
      FILE PHOTO  -  259 words
    • 374 9 LOSS-MAKING Korean mobile software solutions provider Oniontech has been dealt another blow. It announced yesterday that its contract to provide FeelRing and its related contents services to LG Telecom (LGT) a business which contributed more than 60 per cent to its group
      374 words
    • 352 9 WATER treatment company Bio-Treat Technology yesterday said it has set up an internal audit team and taken other measures to improve its corporate governance. In a statement to the Singapore Exchange (SGX), it said "a dedicated team has been appointed
      352 words
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  • Page 7 Advertisements
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  • SINGAPORE MARKETS
    • 922 8  -  LARRY WEE CURRENCIES Past week's action suggests some scope for better entry levels still BY this time next week, financial markets should in seasonal terms at least show a return to more normal trading conditions. The year's always tricky Summer break period in August will
      922 words
    • 105 8 MAIN Up Down Unch SDQ Up Down Unch TOTAL Up Down Unch Multi Ind 4 9 4 0 0 0 4 9 4 Manufacturing 73 65 54 15 10 14 88 75 68 Commerce 25 28 26 29 35 31 Tpt/Stor/Comms 11 20 10 12 21 11
      105 words
    • 124 8 TURNOVER C000) MAIN SDQ TOTAL MAIN VALUE ('000) SDQ TOTAL Multi Ind 26.768 26.768 82.303 82.303 Manufacturing 356.183 246.616 602.799 265.524 65.508 331.032 Commerce 164.907 7.747 172.654 97.599 1.858 99.457 )t/Stor/Comms 99.807 4.452 104.259 205.550 1.994 207.544 Finance 17.680 309 17.989 214.006 26 214.032 Construction 97.461 67.389
      124 words
    • 227 8 Stocl name «V1 lose lange Allgreen 0.50 1.650 -0.020 Ascendasreit 0.87 2.370 4-0.020 CapitaComm 0.52 2.490 -0.030 Capita Land 4.81 7.300 -0.100 CapitaMall 0.89 3.340 -0.020 Chart SemiCond 0.57 1.050 -0.020 CityDev 2.84 14.600 -0.200 ComfortDelGro 1.37 1.920 Cosco Corp 1.67 5.000 -0.050 Creative Tech 0.15
      227 words
    • Article, Illustration
      728 8 Singapore Airlines Sept 4 close: SlB.BO CITIGROUP RESEARCH, Sept 3 WHAT we like about the CEA deal: 1) Buys into China's strong growth and Shanghai being ranked No 1 in China. 2) Enhances SlA's network connectivity and further capitalises on SIN-China's "open skies". 3) Provides expansion opportunities for
      728 words
    • 543 8  -  R SIVANITHY STOCKS AN unexpectedly soft opening for Europe that was probably triggered by a steep fall in the US futures market yesterday brought some sellers out throughout the region and reminded local players that at least until the US Federal Reserve meets on Sept 18,
      543 words
    • 4 8 DAILY
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    • 3 8
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    • 49 8 Sep 4 VALUE CLOSE 820.00 +326.0 BT OB/OS BT CADI -*****.00 -5.00 BT 10-day MA -*****.00 +82.00 All-SG Equities 928.38 -2.43 SG Equities Elect 119.75 -1.02 SG Equities Fin 2334.95 -5.54 SG Equities Prop 1435.58 -11.99 SIMSCI 415.03 -1.30 SIMSCI Futures 415.40 -2.60 PrimepartnersCI 239.63 -3.50
      49 words
    • 55 8 VOLUME Baker Tech 63,569,000 LottVis 62,683,000 Alantac 61,618,000 Magnus 47,649,000 Armarda 39,371,000 Jade Tech 35,272,000 Centillion 35,195,000 Capita Mall 32,595,000 Midas 31,892,000 Abterra 31,815,000 VALUE(S) Capita Mall 110,182,948 UOB 81,492,650 Sing Tel 69,293,438 DBS Grp 64,262,800 Capita Land 58,409,100 Keppel Corp 50,676,110 STXPOKWIOO 46,432,450 Midas 45,181,680 SIA
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    • 102 8 !.93%PreflO CLOSE UP ***** 100.0 1.0 OCBCCai JMH 2690 61.0 1.5 Sino-Env 306 47.0 18.1 China H 10US$ 1860 45.7 1.6 CIMBAsean40 100US! 875 38.1 2.9 DBS Gri 1990 20.0 1.0 'e Land 970 20.0 2.1 GLD 10US 6670 15.3 0.2 Korea 10US 540 15.3 1.9 STXPOKW100 256 15.0
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    • 113 8 CLOSE DOWN SIA 200 1880 -40.0 -2.1 Jardine C&C 1530 -30.0 -1.9 Cit 1460 -20.0 -1.4 Ezra 600 -20.0 -3.2 Kei il Con 1270 -20.0 -1.6 Omec |aNav 3060 -20.0 -0.6 SIA 1880 -20.0 -1.1 UOB 2050 -20.0 -1.0 Venture Con 1520 -20.0 -1.3 JSH 1420 -15.3 -0.7 BY
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    • 84 8 Wh lere! S$ stands Sep 4 CHNG CLOSE FRSep3 YR 2007 S$ LOW S$ HIGH uss 1.5270 -0.26 1.5479 1.5033 Euro 2.0763 0.11 2.0996 1.9913 Pounds 3.0758 -0.03 3.1194 2.9323 AS 1.2592 -0.45 1.3411 1.1741 Yen* 1.3214 -0.61 1.3821 1.2285 Rui liah* 0.***** -0.10 0.***** 0.***** Baht* 4.4519 -0.26
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  • SINGAPORE NEWS
    • 283 10 COUGH syrup Silomat, which is a prescribed item in Singapore, has been taken off the shelves here as part of a worldwide recall by pharmaceutical firm Boehringer Ingelheim (BI). In a follow-up to Bl's announcement in Europe last Friday on its withdrawal of the medication, the
      283 words
    • 547 10  -  VINCENT WEE They will account for 83% of spending on luxury goods, services in 10 years By' WHEN it comes to spending patterns, the young and the old have a lot in common, a new report from MasterCard shows. Older people in
      547 words
    • 343 10  -  KALPANA RASHIWALA By INCITY Lofts, an eightstorey block of small office, home office (Soho) units at Beach Road completed about three years ago, is being offered for sale at a minimum price of $70 million or $1,149 per square foot (psf) of strata
      343 words
    • 293 10  -  OH BOON PING By HONG KONG tycoon Li Ka-shing yesterday shed light on some of the life principles he holds dear. "To me, the observance of the purist principle of self-governance is to do more than is required and less than is allowed,"
      293 words
    • 394 10  -  ARTHUR SIM By THE Urban Redevelopment Authority (URA) has put a residential site at Enggor Street on the Confirmed List of the Government Land Sales Programme for the second half of 2007. Previously on the Reserve List, the site Enggor Street (Land Parcel
      394 words
    • 252 10  -  VINCENT WEE By NEGOTIATIONS for a free trade agreement (FTA) between Singapore and Peru have been successfully concluded, the Ministry of Trade and Industry said yesterday. Minister for Trade and Industry Lim Hng Kiang and Peru's Foreign Trade and Tourism Minister Mercedes Araoz, who met
      252 words
    • 355 10  -  MATTHEW PHAN By NATIONAL water agency PUB yesterday called a public tender for Singapore's fifth and largest NEWater plant so far, to be built in Changi by 2010. The plant will be able to produce 50 million gallons per day (mgd) of NEWater
      355 words
  • Page 10 Advertisements
    • 86 10 THIS ANNOUNCEMENT APPEARS AS A MATTER OF RECORD ONLY SKY China Petroleum Services Ltd Incorporated in the Republic of Singapore on 3 December 2003 Co. Reg. No. *****230R Issuance of USD13 million Principal Amount for a 3-year Secured Convertible Bond due in 2010 DMG Partners SECURITIES A KM. ot OSK
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  • ECONOMY WATCH
    • 576 11 -Bloomberg Leaders of group's economies want to leave environmental issues to UN body [SYDNEY] A plan by US President George Bush and Australian Prime Minister John Howard to sign a cli-mate-change agreement at an Asia-Pacific summit may put the leaders at odds
      -Bloomberg; AFP  -  576 words
    • 690 11 -AFP Change of faces may not drastically change focus on trade and economic cooperation You're a leader who's feeling the political heat. Firne is running out to save your administration and your reputation in history. Think you'll be pushed around if
      -AFP  -  690 words
    • 527 11 Bloomberg Apec leaders will also press for global accord in Sydney [GENEVA] Negotiators of the World Trade Organization (WTO) opened talks here on Monday after a month's break, intensifying efforts to clinch a global trade compromise worth billions of dollars and avoid
      Bloomberg  -  527 words
    • 316 11 AP [BEIJING] China yesterday said that domestic politics were behind bids by the US and Mexico to have the World Trade Organisation (WTO) open investigations into allegations that Beijing provides illegal subsidies for a range of industries. The WTO set up an
      AP  -  316 words
    • 245 11 Bloomberg [NEW YORK] The "fundamentals" of the US economy are sound amid concerns that tighter credit and higher borrowing costs are threatening the housing market, a report by the Labor Department said. The US labour market is "strong and resilient" as the
      Bloomberg  -  245 words
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  • MALAYSIA
    • 507 12  -  S JAYASANKARAN 10% jump comes as price plunges from RM 15.20 early this year to just RM3.72 By THE share price of disgraced air-freight operator Transmile Group jumped 10 per cent yesterday on news that its controlling shareholder, the Kuok family, had affirmed continuing
      507 words
    • 366 12 -Reuters [KUALA LUMPUR] Malaysia is likely to announce a pump-priming Budget on Friday to bolster an economy exposed to US-driven crosswinds and appease voters ahead of an expected general election. With sales of 660,000 barrels per day of crude boosted by record world prices
      -Reuters  -  366 words
    • 236 12 Bloomberg [KUALA LUMPUR] Malaysia's government reiterated a 6 per cent economic growth forecast for 2007, saying consumer spending at home will offset any decline in export demand. "I'm very confident" of meeting the target, Malaysia's Second Finance Minister Nor Mohamed Yakcop told reporters
      – Bloomberg  -  236 words
    • 152 12 -Reuters [KUALA LUMPUR] Former Malaysian premier Mahathir Mohamad, 82, underwent heart bypass surgery yesterday and is recovering in intensive care, his family said. It was the second heart bypass for Dr Mahathir, the country's longest-serving premier, and followed two heart attacks over the past
      -Reuters  -  152 words
    • 276 12 Xinhua [KUALA LUMPUR] Malaysia is managing some 30 per cent to 40 per cent of assets in the global Islamic financial system, amounting to US$B5O billion, and this may rise further through aggressive promotion and innovations, an industry expert said, local media reported yesterday.
      ■ Xinhua  -  276 words
  • Page 12 Advertisements
    • 543 12 Riverside Indonesian Restaurant is \,,<\i\fn*iv\u j?^ r--u«u 30 Merchant Road, #01-04 Riverside Point jesa^ (sOm from aarke Q Uay MRT Exit B) Website www.riverside.com.sg Business hours 12noon 3pm 5.30 11 pm EnjOy a A- A perdiner 6^^^M (mm- diners) j'mS Vk~j course ES||J3 4! |P meal for just d*/]k^^ Greater
      543 words

  • GREATER CHINA
    • 474 13 Reuters Delays reportedly caused by concern over outflows from local banks, markets TIANJIN] Delays to a landmark scheme permitting Chinese citizens to buy Hong Kong shares directly ire proving no deterrent to would-be investors eager to venture into the global stock
      – Reuters  -  474 words
    • 39 13 REUTERS Freshmen from a primary school in China's Jiangsu province dressed in traditional constumes take part in a ceremony at a Confucius temple in Nanjing marking the beginning of their studying age
      REUTERS  -  39 words
    • 363 13 Bloomberg [HONGKONG] Credit Suisse Group, Switzerland's sec-ond-largest bank, has stepped up hiring of bankers in Asia to focus on industry coverage and China after a flurry of departures this year, said Paul Raphael, head of investment banking in the Asia-Pacific outside Japan. The
      Bloomberg  -  363 words
    • 400 13 Reuters Accounting giant aims to have up to 30,000 staff in 10 years' time, up from 8,000 now [SHANGHAI] Global accounting firm Ernst Young (E&Y) said yesterday that it plans a nearly four-fold jump in its China staff in the next decade, to about 30,000
      – Reuters  -  400 words
    • 439 13 Reuters Pig population down 10% from last year; jump in food prices [BEIJING] China's shortage of pork, which has helped propel inflation to a 10-year high, will not ease substantially until the second quarter of next year due to the length of
      Reuters  -  439 words
    • 285 13 AP [SHANGHAI] China's securities regulator will this week review state lender China Construction Bank Corp's plan to issue shares in Shanghai in what could be the country's biggest initial public offering (IPO) so far. The bank's plan to issue up to
      AP  -  285 words
  • Page 13 Advertisements
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  • INDIA
    • 556 14 Reuters Broadcasters will have to slash ad rates or risk being taken over by rivals [MUMBAI] More than 100 new TV channels are scheduled to launch in India over the next 12 months, delivering ever smaller audiences to broadcasters and nudging
      Reuters; BLOOMBERG  -  556 words
    • 150 14 Reuters [BANGALORE] Indian software services firm Patni Computer Systems Ltd is close to acquiring a company in Europe for US$4O miUion to US$45 million, the Business Standard newspaper reported yesterday, citing unnamed sources. Patni, which counts General Electric Co and ABN Amro among its clients has
      Reuters  -  150 words
    • 7652 14 UNIT TRUSTS FUNDS ABN AMRO Asset Mgt (Spore) Star Europe Eqty!** 1.079/ Star Europe Bond 1.196/ Star Europe Bal 1.249/ Star Asian Tiger Eqty 1.613/ Star Asia Bond 1.288/ Star Asia Balanced 1.111/ Star Global Technology Fund!** 0.241/ Multi St Fd 0.977/ Star Asia Bond(USD) 0.845/ Gib Multi St USD
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  • Page 14 Advertisements
    • 115 14 Allianz Global Investors one of the world's largest asset managers with more Allianz (jjj) than US$l.2 trillion assets under management as at 31 December 2006. G,obal lnvestors company regn. no *****7169Z §9f§ NEVER FOLLOW THE CROWD ISP fill J^L 4&Bk y°u uy same securities as other people, you will have
      115 words

  • ASIA-PACIFIC/WORLD
    • 409 15 Bloomberg, AP LATEST US DATA But sector still contributes to growth as overseas demand increases [NEW YORK] Manufacturing in the US cooled in August as factories trimmed orders in anticipation that sales would weaken. The Institute for Supply Management's (ISM) factory
      – Bloomberg, AP  -  409 words
    • 364 15  -  ANTHONY ROWLEY By in Tokyo A SECOND nuclear power plant had to be shut down in Japan yesterday within the space of one month following a leakage of radioactive water. Kansai Electric Power said it had manually shut down its Ohi power
      364 words
    • 511 15 Reuters [DUBAI] The Qatar Investment Authority (QIA), the energy exporter's US$5O billion sovereign wealth fund, said on Monday that it was diversifying away from the weakening US dollar by investing more in Asia. The QIA, which has offered to buy British supermarkets chain
      Reuters  -  511 words
    • 312 15 Reuters [TOKYO] Sony Corp will list shares of its financial unit on the Tokyo Stock Exchange on Oct 11, raising up to 361 billion yen (554.76 billion) in Japan's largest initial public offering this year. The IPO of Sony Financial Holdings, which
      Reuters  -  312 words
    • 490 15 Bloomberg [LONDON] English Premier League (EPL) teams spent a record £530 million (551.62 billion) on players including Fernando Torres and Owen Hargreaves this year after boosting broadcast income and attracting overseas investors, Deloitte Touche said. Declared transfer payments by
      – Bloomberg  -  490 words
    • 360 15 Reuters [STOCKHOLM] Sweden's Financial Supervisory Authority (FI) said it would investigate to see if OMX used inappropriate defence measures after Borse Dubai launched an unsolicited bid for the exchange owner. A spokeswoman for the regulator confirmed a report in Swedish daily Dagens Industri
      – Reuters  -  360 words
  • Page 15 Advertisements
    • 55 15 ''^B Self-winding mechanical movement. Simultaneous vw .^»^k. indication of the time in two different time zones. HH 'I" I J Sapphire crystal, screw-down crown. Waterproof to \l 150 m. Steel case 41 mm. TUDOR WATCHES ARE AVAILABLE AT OFFICIAL ROLEX T U D 0 R W AT CH.COM RETAILERS. FOR
      55 words

  • Page 16 Advertisements
    • 255 16 We are pleased to announce that we have changed our company names: Plimsoll Corporation Pte Ltd to MacGREGOR Plimsoll Pte Ltd and Plimsoll Offshore Marine Engineering Pte Ltd to MacGREGOR Plimsoll Offshore Services Pte Ltd I I I'^dfr-i Hi I ift _^^^ri^ol *>. l^fe' w I TV' il m.""' MacGREGOR
      255 words

  • WORLD
    • 435 17 -AFP PARIS] The first individual genome 3ver sequenced a complete DNA olueprint of celebrity scientist Craig Center has revealed genetic variaion among humans far richer than oreviously imagined. Published yes;erday in the online open-access jourlal PLoS Biology, the 2.8 billion
      -AFP  -  435 words
    • 618 17 Bloomberg Christie's, Sotheby's take US$l b gamble on Russians, Asians [LONDON] Auction houses are betting that Russians or Asians will support art prices as a credit squeeze threatens to limit Wall Street bonuses. Christie's International and Sotheby's are offering US$l billion in price guarantees
      – Bloomberg; BLOOMBERG  -  618 words
    • 2345 17 iep 4 RM C000) \&M Realty 0.78 \bricBhd 0.29 \dvance Synergy 0.34 \dventa Bhd 1.44 \eMulti Hldgs 0.29 \ffin Holdings 2.57 \hmad Zaki Resou 4.36 Me Corp 0.55 Mrasia Bhd 1.92 \kn Messaging Te 0.20 \kn Technology 0.85 Muminium Co 1.32 Amalgamated Ind 0.55 \minvestment Grp 3.60 \mmb
      2,345 words
    • 556 17 iVTT Wall Street banks trying to sell USs24b of the firm's loans and bonds [NEW YORK] Instead of spending time at the golf course or at their summer houses, bankers have been in the office this summer to make sense
      iVTT  -  556 words
    • 347 17 Reuters [DUBAI] Dubai govern-ment-owned Istithmar is considering buying into two US companies hit by exposure to sub-prime, or high-risk, mortgages after defaults triggered a global flight to safer assets. The agency, which has bought a stake in Standard Chartered and acquired fashion retailer Barneys New
      – Reuters  -  347 words
  • Page 17 Advertisements
    • 167 17 If you are facing any of the following: f You need to keep your payroll absolutely confidential. Your payroll staff are bogged down, and are bored with the routine of rushing payroll every month, and there is limited room for staff development for payroll processing functions. You or your payroll
      167 words

  • AVIATION
    • 463 18 Reuters Largest shareholder may back foreign investors taking minority share [WELLINGTON] Auckland City Council, the biggest single shareholder in takeover target Auckland International Airport Ltd, will retain its 12.75 per cent stake but is not opposed to a foreign investor taking a
      – Reuters  -  463 words
    • 282 18 Bloomberg [HONG KONG] Boeing Co, the world's second-largest commercial-aircraft maker, said it expects air-cargo traffic to rise 6.1 per cent annually for the next 20 years on increased trade with China. The company's expectation for average annual growth is in line
      – Bloomberg  -  282 words
    • 596 18 ■AP [BANGKOK] It was human error, not unsuitable facilities, that caused an Airbus A3BO to scrape its wing tip on a hangar's gate at Bangkok's international airport, the president of Thai Airways said on Monday. The plane's left wing
      ■AP; AFP  -  596 words
    • 254 18 Bloomberg [THE HAGUE] The European Union's trade chief suggested the creation of a so-called golden share to ensure that European Aeronautic, Defence Space Co, the parent of planemaker Airbus SAS, remains in European hands. In some "very selective" cases, shares with
      Bloomberg  -  254 words
    • 2343 18 AIRLINE CODES: AA: American Airlines (AAL), AF: Air France (AFR), Al: Air India (AC), AY: Finnair Oy (FIN), AZ: Alitalia Airlines (AZA), BA: British Airways Public Ltd Co (BAW),BG Biman Bangladesh Airlines (BBC), Bl Rcy aq Airlines (BOU), BR EVA Airways Corpn (EVA), CA Air China
      2,343 words
  • Page 18 Miscellaneous
    • 393 18 CRYPTIC CROSSWORD ACROSS I Sheep rustlers are criminals of another type! (3-7) p |2 p [4 |5 Be p p 6 Whales crossing northern ij^_ ij^_ MM 10 Start with a follower, for ex- 10 I In ample, at home (5) II Away to call up, being indif- 9m Wm
      393 words

  • SHIPPING
    • 689 19 Reuters Deal to make it a global shipping player rivalling Maersk in fleet size [HONG KONG/SHANGHAI] China Cosco Holdings Co Ltd will buy its parent's dry-bulk shipping fleet for US$4.6 billion, making it the world's largest transporter of resources as Chinese demand
      Reuters; FILE PHOTO  -  689 words
    • 416 19 -AFP Move will enhance navigation, protect the environment [SINGAPORE] South-east Asian nations have agreed to an "historic" cooperation mechanism to help improve safety in waterways which are vital to world trade, officials said yesterday. Delegates from Singapore, Indonesia and Malaysia began three days
      -AFP  -  416 words
    • 632 19  -  DAVID HUGHES By STRAIT TALK THE latest issue of the International Maritime Human Element Bulletin, Alert, features a delightful cartoon. A female ship's captain is sitting at bridge console that would not look out of place in Star Trek. Through the bridge windows, we
      632 words
  • Page 19 Advertisements
    • 189 19 $jj-,^ GETAX OCEAN TRADES PTE LTD We are a dry bulk shipping company/operator seeking highly motivated, independent and experienced candidates for the following positions to handle our own as well as time-chartered in tonnages trading worldwide. The ideal candidate should possess the following qualification/ attributes: Minimum Diploma in Maritime Studies
      189 words
    • 1545 19 mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm O^Pjiutian chemical group limited JIUTIAN CHEMICAL GROUP LIMITED (Company Registration No. *****5416H) (Incorporated in the Republic of Singapore on 30 November 2004) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Jiutian Chemical Group Limited (the "Company*) will be held at 3 Raffles
      1,545 words

  • EDITORIAL & OPINION
    • 512 20 TO cut or not to cut? That is the question facing the United States Federal Reserve Board in the run-up to the Sept 18 meeting of the Federal Open Market Committee (FOMC), which decides on US interest rates and, in particular, the
      512 words
    • 1421 20  -  AMARENDU NANDY This provides a historical opportunity for Singapore to exploit to its advantage By i ONE of the important elements in sustaining the dynamism, competitiveness, and leadership role of the United States has been its ability and willingness to attract, absorb, and utilise
      AFP  -  1,421 words
    • 779 20  -  FRANK CHING THE BOTTOM LINE PUBLIC opinion surveys taken in the US and other countries around the world show that China's image has been badly dented in the wake of widespread reports of unsafe food, toxic toothpaste, dangerous toys and poisonous drugs. A recent
      779 words
    • 809 21  -  STANLEYAWEISS IHT Critics say Indonesia is moving ahead 'at the wrong speed' By his place is a rocket!" boasts Muhammad Lutfi, Indonesia's investment chief, and his exuberance doesn't seem so irrational. Ten years after the Asian financial meltdown which shoved millions of Indonesians into poverty, toppled the
      IHT; REUTERS  -  809 words
    • 872 21  -  DONALD GREENLEES -NYT By PRIVATE equity firms are setting records in the size of Asian buyout funds, adding to an existing pool of more than US$35 billion that is waiting to be invested in deals in the region, industry participants and analysts said. The
      -NYT  -  872 words

  • Page 21 Advertisements
    • 71 21 Gramophone's good play at The Centrepoint spy -*yE. i^^i^^E i*^^s^ In the month of September, get a 20% discount when you shop at Gramophone at The Centrepoint. PLUS a free one-month DVD rental membership with just $50 spending. Bring ANY September issue of The Business Times to enjoy this offer!
      71 words
    • 1916 21 IN THE MATTER OF THE I I IN THE MATTER OF THE I IN THE MATTER OF IN THE MATTER OF IN THE MATTER OF COMPANIES ACT CAP SO COMPANIES ACT CAP 50 ™E COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 THE COMPANIES ACT, CAP. 50 AND IN
      1,916 words

  • SINGAPORE STOCKS
    • 7653 22 Transaction date: Sep 4 52-wks Tel High Low Code Last Sale Vol Day Last Quote Div GrYld Net ('000) High Low Buyer Seller C'vr P/E M Cap $mil Company 3.5 2 5716 1st Software 22 6.5 3148 STelecom i i i 103 98 6389 ABF SG Bond ETF
      7,653 words
    • 82 22 52-Wk Tel High Low Code Last Sale Vol Cooo) Day Last Quote Div GrYld Net MCap |h Low Buyer Seller C'vr P/E $mil Comi >an' Hii ***** 119 6065 Diamonds 5000 5000 6095 IS DJ US Tech 1000 1000 6097 IS MSCI Spore ***** ***** 6101 ISS&P500 *****
      82 words
    • 2070 22 52-Wk Tel High Low Code Last Sale Vol C000] Day Last Quote Div GrYld Net MCap Low Buyer Seller C'vr P/E $mil Comi Hii 30 13 1181 AAGrp 41.5 18 5000 ABR Hldgs 31 25 8538 APStrategic 16.5 1.5 1501 Advanced System 70.5 9 1524 Alantac 22.5 8
      2,070 words
    • 213 22 STOCK PRICES LEGEND: Straits Times Index Stocks; N Net 2 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
      213 words
  • Page 22 Advertisements
    • 181 22 -r^&SL Call anywhere ha^JgSfcB^] WTC^fl %*nPil affordably. K3Bpl mfclkQ Phoenix *****DD brings your anywhere around the world Bnpipbnipß I jfl! Sfi*3 JV^^^S A9j^in7 clearly and affordably. BmnillH MTTm \W^^ f No matter where you are calling, our low cost IDD service gives mmm^^^^ you clear voice quality and reliable connections
      181 words

  • FINANCE & COMMODITIES
    • 361 23 %dy %yr dy yr dy yr Index Change Change Change Change Change Change Se| 03 World Index Preliminan 1139.0 0.0 3.5 0.0 4.6 0.1 5/ EAFE Preliminan 1135.8 0.1 2.6 0.1 4.8 0.1 5/ Euro[ Preliminan 1548.3 0.2 3.7 0.1 5.9 0.1 6.I Pacific 994.6
      361 words
    • 62 23 Sep 4 Delivery Month Opening Sett Av Range Price Price Hii Low Vol Open Done Position Sep 07 2548 2517 2552 2514 459 1966 Oct 07 2520 2480 2524 2480 2033 ***** Nov 07 2494 2459 2501 2457 6767 ***** Dec 07 2476 2444 2484 2444 1275 9027
      62 words
    • 131 23 /oz) iep iep Hong Kong London 671.50 671.50 672.50 672.00 Aug 31 Sep 03 672.30 671.90 672.90 672.50 Source: Reuters CAST BAR (S$) Sep 04 Buying Sellim Kilobar "35,259.71" ***** PAMP GOLD BARS (SS) Selling Buying 'im Igm 5gm lOgm 20gm 50gm lOOgm 1 oz 1 ozUBS 79.18
      131 words
    • 25 23 Sep 4 ten Hji Sett STI SIMSCI Se 418 419.7 415.4 Taiwan Se 346.4 349.1 344.4 Source: MF Global (S) Pte. Ltd
      25 words
    • 22 23 S$ Bid Offer 1-month 1.5204 1.5215 2-months 1.5169 1.5181 3-months 1.5138 1.515 6-months 1.5050 1.5063 Source: OCBC
      22 words
    • 286 23 Sep 04 RUBBER Futures (Closing prices) RSS 1 (S cents/kg) Month High Low Close Sett Volume (tonnes) Open Interest Oct 07 Nov 07 Dec 07 Jan/Mar 08 Apr/Jun 08 Jul/Sep 08 327.25 326.75 326.25 326.25 329.25 351.50 RSS 3 (US cents/kg) Month Hig ah Low Sett Volume (tonnes)
      286 words
    • 92 23 Aug 31 SOYBEANS (5,000 bu min; US cents/60 Ib bushels) Close Previous High/Low Sep 07 868.00 880.00 868.00 Nov 07 882.50 894.00 882.00 Jan 08 898.00 909.00 897.00 Mar 08 907.50 919.00 907.25 SOYBEAN/OIL (60,000 lbs;Uscent/lb) Close Previous High/Low Sep 07 36.54 36.75 36.40 Oct 07 36.79 37.03
      92 words
    • 78 23 CRUDE OIL PRODUCTS Sep 3 CRUDE (FOB origin) USS/barrel Close Cham Brent blend (1-Mth F) 73.41 0.77 WTI (Near Mth) 74.43 0.59 Dubai (1-Mth F) 68.52 0.52 Tapis blend 78.5 1.15 Minas 75.05 0.95 PRODUCT USS/barrel (FOB S'pore) Close Change Naphtha Jet Kerosene 73.60 85.55 0.22 0.7 USS/barrel Opec Oil
      78 words
    • 468 23 Sep 4 AS CS Rmb Euro HKS Ind Rs Ru| Yen Won RM NZS Pak Rs Peso SS Rand Sfr NTS Baht Pound US! Australia 0.870 6.221 0.606 6.425 33.745 77.429 0.952 7.740 2.892 1.177 50.075 38.550 1.257 5.981 0.996 27.222 28.281 0.409 0.82. Canada 1.149 7.147
      468 words
    • 131 23 As at 9am Sep 4 Singapore dollars to one unit of foreign currency: Currencies Bid >t Offer Aust dollar 1.2420 1.2580 Can dollar 1.4370 1.4540 Euro 2.0600 2.0830 NZ dollar 1.0580 1.0820 lierlini ind 3.0520 3.0870 US dollar 1.5130 1.5300 Local dollars to 100 units of
      131 words
    • 162 23 Overnight 2 1/4 1-month 2 5/8 2-months 2 11/16 3-months 2 3/4 Overnight mode: 2 5/16 USS Offer 2 1/8 2 1/2 2 9/16 2 5/8 Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months SFr 5.80 5.85 5.80 5.75
      162 words
    • 79 23 Sep 04 (USS) (S$) 5.***** 2.***** 6 mths 3.***** 9 mths 3.***** 12 mths 3.***** 1 mth 2 mths 5.***** 2.***** 3 mths 5.***** 2.***** 6 mths 9 mths 12 mths 5.***** 5.***** 5.***** 2.***** 2.***** 2.***** SWAP Mid rates (S$) 1 yr 2.***** 2yrs 2.***** 3 yrs 3.*****
      79 words
    • 68 23 Aluminium, 99.7% purity (USS/tonne) Close Previous Cash 2420.50 2487.20 3 months 2478.00 2544.00 Copper, Grade A (USS/tonne) Cash 3 months 7457.00 7390.00 7536.00 7460.00 Lead (USS/tonne) Cash 3075.00 3 months 3020.00 3171.00 3110.00 Nickel (USS/tonne) Cash 3 months *****.00 *****.00 *****.00 *****.00 Tin (USS/tonne) Cash 3 months *****.00
      68 words
    • 82 23 Sep 3 (£/tonne) Close Prev Hii ih/Low Sep 07 940 947 Dec 07 958 966 Mar 08 974 982 May 08 985 993 950/929 964/947 -/961 987/974 COFFEE (USS/tonne) Close Pev High/Low Sep 07 1720 1664 1721/165' Nov 07 1775 1718 1777/171 Jan 08 1751 1715 1754/171 Mar 08
      82 words
    • 158 23 Sep 4 Against SS Currencies Bid Offer Against USS Bid Offer S$/US$ to one unit of foreign currency: Australian dollar 1.2564 1.2576 0.8240 0.8243 Canadian dollar 1.4434 1.4447 0.9467 0.9469 Euro 2.0744 2.0759 1.3605 1.3606 NZ dollar 1.0668 1.0684 0.6997 0.7003 Sterlini ind 3.0747 3.0772 2.0166 2.016'
      158 words
    • 91 23 Sep 4 TREASURY BILLS Period Issue code Maturity Yesterday's Bid Day's [h Low Hii 3-Month BQ*****X 06.12.07 1-Year BY*****V 30.04.08 2.34 2.34 2.33 2.33 GOVERNMENT BONDS Period Issue Coupon Maturity code rate Close Bid Day's High Low 2-Year N*****0Z 2.375 5-Year N*****0A 2.625 7-Year NX*****F 3.625 10-Year NY*****F
      91 words
    • 341 23 Sep 04 OPEN HIGH LOW SETT VOL OP/INT EURODOLLAR FUTURES Sep07 Dec07 Mar08 Jun08 94.407 95.075 95.430 95.525 0 0 0 0 8734 ***** ***** 5564 EUROYEN FUTURES Sep07 99.175 99.175 Dec07 99.155 99.160 Mar08 99.115 99.115 Jun08 99.065 99.090 Sep08 99.030B Dec08 98.945 98.955B Mar09 Jun09
      341 words
    • 1883 23 BONDS WARRANTS Pel lode Company Last Sale Prem Expiry Vol Conv Exer Disc Gear- Mths +or- ("000) Ratio Price ing Left >036Advance SCT Ltd W*****9 26 -1 1486 1 87 32 3.29 35 ArianeCorp Ltd W*****9 3.5 0.5 1675 1 5 27 >872AusGroupRB ECW*****7 12 -0.5 21 0.5 188 3
      1,883 words
  • Page 23 Advertisements
    • 94 23 |^^T?Tl^i^5^^5V I f^^^^^^^== W POEMS ProTrader Key Features: m Sm—mmS m n W. -^A*-- Monitor your real time Intraday Profit Loss mW9^ mffm^m\f Wf mmMf^m\ I±j3**mmUm£_ mtUmWml mwi^Wl* mWi l=i.. W%£&*£*C/2t Ability to place advanced order types like ipiV-"^ nXW^n^X^^^S* trtt '^^**m /My/^^ 00^^0^^^000X00*00*1^0^^0] I Phllllp'iO^llii. F.h.ilTMilDMatfSyil""' I uammr*tMsC *l/AJ**A\a
      94 words

  • Page 24 Advertisements
    • 2276 24 m The Business Times Shipping Times UK CONTINENT SERVICE U.S.A SERVICE B^!^]!^^!^^^ Destination Destination STXPOTBN RTM/ANR/TIL NENAC CDN/NFK/SAV/NOL I,NTERASIA RORO SERVICE I VESSEL/VOY I RAMP(KT) HEIGHT(M) PKG K(H L(B I SIN I JKT Loads Singapore, E./W. Malaysia, Indonesia Loads E./W. Malaysia, Indonesia STRAITS SUCCESS 25 10 3 2 02/09 04/09
      2,276 words

  • Page 25 Advertisements
    • 1803 25 WAN HAI INTERNATIONAL PTE LTD crn0:**********0/r| %rrT^\ ■■>■ M v,« TEL *****588 (14 LINES) FAX:*****163 \vXM\IAfAM UAI IMFn Customer Service/Bookings Dircrt Line-(1800) *****200 H^ WWf^ll I I #11 LIIIL^ PKL TEL: {03) *****888 FAX: {03) *****288 PEN TEL: {04) *****00 FAX: {04)*****99 W<» JOH TEL: {07) *****23 FAX: {07)*****21 SUR
      1,803 words
    • 1456 25 ||T|n EASTERN CAR LINER, LTD I Ut—s^—i SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS l|mjJgUJj^^J ■^VOY^ Ramp(KT) Liltinq(KT) SIN PKL PNN JKT BKK LCB NOZOMI 16_ 50 09/09 12/09 ESTRELLA ETERNA 149 60 13/09 14/09 17/09 MERLION ACE 41 30 14/09 15/09 COSMIC LEADER 84 40 60 14/09 16/09
      1,456 words
    • 753 25 I //Kali /4^ 7m( WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL TOY SIN P.KUNG COLOMBO N. SHEVA COLOMBO KOTA PERWIRA YPWIII 06 SEP OMIT OMIT 14 SEF 1B SEP RAJIV GANDHI OII7W 13 SEP 14 SEP 17 SEP 21 SEP 25 SEP MARIVIA
      753 words

  • Page 26 Advertisements
    • 3312 26 I VESSEL I VOY PKL T SIN I KHI I DXB BAB I DMM I BIK I KHO IRAN TABATABAEI PCLB2I3 08/09 09/09 18/09 21/09 22/09 28/09 30/09 01/10 TENTH OCEAN PCLB2IS 19/09 20/09 29/09 02/10 03/10 09/10 11/10 13/10 IRAN SATTARI PCLB2I6 25/09 26/09 05/10 08/10 09/10 15/10 17/10
      3,312 words
    • 279 26 Fig* GLORY NAVIGATION GRQUpI I( SINCE 1970 OWNS OPERATES THE YOUNGEST FLEET WITH TWELVE 7,000 DWT TWEEN DECKERS I COVERING THE ENTIRE ASIA PACIFIC PORTS REGULAR WEEKLY SERVICES: a IKAOHSIUNG CHINESE PORTS, HONG KONG TO FROM SOUTHEAST ASIA SINGAPORE HIAP WOON SHIPPING (S) PTE LTD I 14 ROBINSON ROAD, #03-01
      279 words

  • Page 27 Advertisements
    • 4049 27 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'n
      4,049 words

  • MOTORING
    • 565 28  -  SAMUEL EE First of 4-seater Drophead Coupe will be delivered here late next month By THERE are already six orders for the yet-to-be-launched $1.8 million Rolls-Royce Phantom Drophead Coupe, and the Singapore distributor expects some more before the year is out. "We
      565 words
    • 666 28  -  SAMUEL EE KB Auto 'positive' it has secured dealership while GM ODC is said to be eyeing it By YET another Chinese brand is set to enter the Singapore market but exactly who will offer it here isn't clear. Last Saturday, new
      666 words
  • Page 28 Advertisements
    • 36 28 4, GET THE RIGHT JOB A\/ Wmk f ST7OI.COM a fl 1 ■MM N w Singapore AN E-MARKETPLACE BROUGHT TO YOU BY CATS CLASSIFIED, SINGAPORE PRESS HOLDINGS. TO ADVERTISE, CALL 1800-289 9988 (OFFICE HOURS). SSfc^ Holdings
      36 words

  • EXECUTIVE MONEY
    • 1171 29  -  LIM SAY BOON The market is now an ageing bull with chronic health problems that require careful attention and different strategies EQUITIES have entered the final stage of the bull cycle that started in 2003 with implications for investment strategies involving a range
      REUTERS PHOTO; Source: SCB & Bloomberg  -  1,171 words
    • 468 29  -  GENEVIEVE CUA By IF you are shopping for an insurance plan that gives pure protection, consider one where the premiums are adjusted with every year that you age. Manulife has just launched its annual renewable term plan, which it says is the most
      468 words
  • Page 29 Advertisements
    • 123 29 INDIAN WO X INDIAN CHTWFSR CUISINE WINE I^^^^^^^HHHHHMllMiiliillllHlHlHilllili^^^lH^^l I Kebabs marinated in a variety of spices H A rich fusion of Chinese Wok M& grilled to perfection in the clay ■>"«■, Bl^ f Kjllk*3ot*mJl cooking incorporating tradhim;,! lions vvilh flavourful curries, dal &an ■nEJS^a IK 7 Tlpßr*' ,v r RJCEm
      123 words
    • 240 29 A Concept and Fixed Price /X rre%C c% Tender: q---- _c^rjxcr —/a f\ "i°% r To develop a multi-tenanted building "~^~l=^i^r=:==2^ at Bi°P°lis' one-north. Buona VlSta 7 Participate in the synergy of Biopolis by MRT Station i?// developing your very own building. '''"n^A If you share our vision, please call
      240 words

  • Money executive
    • 919 30 But analysts remain largely upbeat about region's markets, writes GENEVIEVE CUA THE rout in credit markets, which continues to roil equity markets, has hit Asian equity funds hard, causing some to lose as much as 15 per cent of value in just
      AP, REUTERS PHOTOS  -  919 words
    • 664 30  -  GENEVIEVE CUA Short positions on sub-prime credit results in strong returns in July THE mention of hedge funds these days may call to mind huge losses from the US sub-prime debt exposure and the unwinding of carry trades. But here is
      664 words
  • Page 30 Advertisements
    • 710 30 Si zz s~\ 17 17 n 100% Principal Guaranteed if held up to Maturity Date Ls/A^lsjUb^LKski^ Partial Principal Repayment of 6% p.a. for S$ Series 5 Notes and 10% p.a. for US$ Series 6 Notes ;"^i'; ■>^^ ty_l "*"^y^ (guaranteed by SG and payable annually on each Instalment Date in
      710 words
  • Page 30 Miscellaneous